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In 2012, the current Mayor took office for his first term with a $9,000 surplus in the Employee Health Insurance Fund.
In his first year this fund broke even with an ending balance of $0.
The following year the fund went negative and never stopped.
June 30th, 2023 the fund sat with a $7.78 Million Deficit!
By Clay MorganIn 2012, the current Mayor took office for his first term with a $9,000 surplus in the Employee Health Insurance Fund.
In his first year this fund broke even with an ending balance of $0.
The following year the fund went negative and never stopped.
June 30th, 2023 the fund sat with a $7.78 Million Deficit!