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<br />~ <br />~HILLS <br /> <br />MEMORANDUM <br /> <br />DATE: December 8, 2008 <br /> <br />TO: Honorable Mayor and City Council <br /> <br />FROM: Sue Iverson, Finance Director <br /> <br />SUBJECT: Adoption of the 2009 City Contribution for Employee Benefits <br /> <br />Backeround: <br />Each year in December, the CitY sets the monthly contribution rate for employee benefits for the next <br />year. <br /> <br />Discussion: <br />As part of the annual budget and levy adoption process, the Council is also asked to approve the 2009 <br />City contribution for employee benefits. The City, contribution rate is currently set by increasing the <br />current contribution by 50% of the increase in premiums for the next year. The employee contribution <br />rate of $672 per month per employee for 2009 has been calculated into the proposed 2009 budget as <br />discussed at previous Council worksessions. <br /> <br />Recommended Action: <br />Motion to adopt Resolution 2008-055, a Resolution setting the City Contribution to Employee Monthly <br />Benefits at the amount of $672 per month, per employee (provided they participate in the HSA plan or <br />single coverage if they participate in the Co-Pay Plan). <br /> <br />Attachments: <br />Resolution 2008-055 <br />