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Jamestown budget draft shows rising health and retirement costs driving 2026 increase
Summary
City staff told the Jamestown City Council that health insurance and retirement-rate increases are the largest drivers of a proposed 2026 budget increase; presenters said some budget line items shown are projections rather than final plan costs.
Jamestown — City staff told the City Council during a work session that increases in health insurance premiums and retirement contribution rates are the largest drivers of the proposed 2026 budget.
The budget presenter said the health plan cost is “a 14, almost 15% increase,” and that retirement-rate changes for some employee tiers are large: “the 2026 retirement rates for tier 6 are up 51% compared to 2024. They were 21%, and they're now 31%.” The presenter also cautioned that the health-insurance figure in the budget is a consolidated line and not a single plan cost.
Why it matters: higher-than-expected increases for insurance and pension…
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