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Finance director: switching to commercial paid family medical leave could lower homeowner rate increase to about 4.9%
Summary
Finance Director Dave Little told the council the finance committee recommended a move to a commercial paid family medical leave plan, projecting roughly $850,000 in savings and lowering the estimated average residential homeowner increase in the proposed budget from 7.8% to about 4.9%.
Finance Director Dave Little told the Bangor City Council at its May 7 budget workshop that the finance committee recommended the city move to a commercial paid family medical leave plan and that the change would reduce the budget’s projected impact on the average residential homeowner.
“At the finance committee, the finance committee made a recommendation for the council to consider going to a commercial plan for paid…
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