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08-26-2024 CC Agenda Packet - work session
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08-26-2024 CC Agenda Packet - work session
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8/26/2024 3:06:30 PM
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2022 <br />Actual <br />2023 <br />Actual <br />2024 <br />Budget <br />2025 <br />Preliminary <br />Budget <br />Dollar <br />Increase <br />(Decrease) <br />% <br />Increase <br />(Decrease) <br />Personal Services 260,135 252,680 17,900 252,350 234,450 1309.78% <br />Insurance 217,307 359,578 283,764 323,500 39,736 14.00% <br />Total Insurance Fund 477,442 612,258 301,664 575,850 274,186 90.89% <br />PROGRAM DESCRIPTION & OBJECTIVES: <br />OPERATING COST ACTIVITIES: <br />* Personal Services include the Finance Director's wage (10%) and worker's compensation insurance premium for the whole City. <br />* Insurance includes general liability, auto insurance, equipment liability, insurance deductible and cost of non-covered claims. <br />City of Orono <br />The Insurance Fund provides for the funding of the City's insurance and any claims against the City. This fund is reimbursed by each applicable <br />department. <br />Insurance <br />49960 <br />2025 Line Item Budget <br />27 of 31 29
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