Second reading of an ordinance amending the budget for the fiscal year beginning October 1, 2025, and ending September 30, 2026, for Health Insurance claims and premiums (Jonathan Flores)

Staff Report & Agenda Item Details

This proposed amendment contains the following items (additional information attached):<br><br>Budget for additional city-contributed health insurance premium revenue and related health claims expenses in FY26. This amendment will increase contributions to Health Insurance fund due to rising retiree premiums and excessive claims activity. Additional contributions are needed to fund health insurance claims in fiscal year 2026. These additional contributions should give health insurance enough funds to make payments through the end of the year. The costs for insurance claims are being allocated based on FTEs to fund the additional costs. This amendment also makes adjustments to over 65 retiree premiums based on the differential of the new plan amounts.

This docket item is classified as NEUTRAL (0.0 Score Impact). Routine administrative reports, monthly accounts payable/disbursement registers, minutes approvals, and procedural motions are logged for public transparency but carry zero weight in calculating an official's Roll-Call Freedom Score.