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Finance Committee hears health-insurance trust fund update; balance sits near target range
5518666 · July 31, 2025
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Summary
City staff told the Finance Committee on July 31 that the health-insurance trust fund balance is about $1.7 million, within the city's target range of roughly $1.6 million to $2.0 million.
The Gardner City Council Finance Committee on July 31 received an update that the city—s health-insurance trust fund balance is approximately $1.7 million and remains within the city—s target range.
A staff presenter summarized fiscal-year close activity and reported, "I believe it's at $1,700,000 balance right now." Committee members discussed the target range and the underlying accounting…
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