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Staff seeks $39,000 transfer to police fund to cover officers' health insurance
Summary
Village staff told the Finance Committee that roughly $39,000 is needed to cover police officers' health insurance and recommended transferring that amount into the police fund; the committee recorded the shortfall but took no formal vote on the transfer at the meeting.
Village staff told the Finance Committee that the police fund requires an infusion to cover officers' health insurance costs. "Approximately $39,000," Ms. Jamie Morley said, describing the amount needed to ensure continued coverage for officers.
Committee members also discussed a recent notice from Aetna that raised premiums after the village contributed less relative to payouts on members' behalf. The meeting record does not show a formal vote authorizing the transfer; Ms. Morley identified the shortfall and the committee noted the need to move funds to cover benefits.
