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2016 Annual Report • Finance Department • St. Anthony Village, Minnesota <br /> <br /> <br /> <br />13 <br /> <br />The City is part of Local Government Information Systems <br />(LOGIS) which is a consortium of cities that bargain together <br />for health insurance, dental insurance, and various other <br />benefits. This arrangement allows for all the participants to <br />reduce their benefit costs by bargaining together as a larger group. <br />The contract for health insurance was up for renewal, and LOGIS chose to change carriers to take <br />advantage of an opportunity for cost reduction. The City also decided to change dental insurance <br />carriers as well, also to improve staff premium costs. <br /> <br />UNION CONTRACTS <br />The Union Contract negotiations for the contract period <br />2017-2018 were conducted during 2016. The Finance staff <br />assisted with evaluating the financial impact of Union <br />requests and counter offers. <br /> <br />US ARMY DISCUSSIONS YIELD WATER TREATMENT FUNDING AND MORE <br />The US Army provided 10 million dollars to fund the expansion of the City’s water treatment <br />facilities. In addition the Finance staff identified other associated costs that the City would incur <br />due to the additional plant needed. The Finance staff provided sound reasoning for why <br />compensation beyond the cost of the physical plant was fair and just. Appropriate <br />documentation was provided to the US Army to support the City’s request. After their review, <br />follow-up questions were answered and US Army agreed to an additional $515,000 in funding. <br />The funding was provided for the following: <br /> Use of City land and loss of half-court Basketball facility - $77,000 <br /> Temporary suspension of splash deck facilities use - $42,000 <br /> Temporary losses in water revenues and elevated operating costs - $233,000 <br /> Staff time and out of pocket costs - $163,000 <br /> <br /> <br />AUDITED FINANCIAL STATEMENTS – STREAMLINED PRESENTATION