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Stockton council authorizes $2M transfer to address rising employee health premiums
Stockton City Council · November 19, 2024
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Summary
Council authorized a $2,000,000 transfer from the general fund reserve to the health internal service fund to allow HR to negotiate with unions on premium increases, with allocation details to return to council Dec. 3.
The Stockton City Council authorized a time-sensitive $2,000,000 transfer from the general fund reserve to the City's Health Internal Service Fund to help city employees cope with health insurance premium increases effective Jan. 1.
Budget Officer…
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