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Council approves use of 2024 health-insurance surplus for employee dividend, sick-leave payout and flood reserve
Summary
The council approved a plan to allocate the 2024 health insurance surplus — including a one-time employee dividend — and to earmark funds for sick-leave payouts and flood reimbursement reserves after a failed amendment to redirect the dividend to other city services.
The Wauwatosa Common Council approved a resolution to allocate the 2024 health insurance surplus, including a one-time employee dividend, a sick-leave payout reserve, and a flood reimbursement reserve. The proposal passed after an amendment to reallocate the employee dividend to fund a firefighter position and yard-waste restoration failed.
City staff described the surplus as the result of the 2024 health insurance fund performing better than expected. Under the plan, one-third of the surplus would be distributed as a dividend to employees,…
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