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12-15-2021 Council Packet
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12-15-2021 Council Packet
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2/9/2022 4:05:46 PM
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2/9/2022 4:03:42 PM
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INTERNAL SERVICE FUND <br />Overview <br />An internal service fund is used to account for insurance policies paid by the City. Claims and losses are also paid <br />from this fund, if funds are available. <br />Service Areas <br />•Health Insurance •Life Insurance <br />•General Liability •Worker’s Compensation <br />2020/2021 Departmental Accomplishments <br />•Implemented Internal Service Fund <br />•Added general ledger accounts to create efficiencies in tracking employee and employer benefit <br />payments <br />2022 Departmental Goals <br />•Continue to analyze cost-saving measures for insurance including deductibles <br />107
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