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06-23-2025 Agenda Packet Cc - Regular Meeting
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06-23-2025 Agenda Packet Cc - Regular Meeting
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Last modified
10/6/2025 10:14:51 AM
Creation date
6/20/2025 10:42:15 AM
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Agenda Packet CC
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City Council
Subject
work session
Document Date
6/23/2025
Retention Effective Date
6/20/2025
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Healthcare Cost <br />1 Percent Decrease Trend Rates 1 Percent Increase <br />809,185$ 921,014$ 1,052,486$ <br />City of Orono <br />Notes to the Financial Statements <br />December 31, 2024 <br />Note 5: Postemployment Benefits Other Than Pensions (Continued) <br />calculated using a healthcare cost trend rate one percentage point lower or one percentage point higher than the current <br />healthcare cost trend rate: <br />6.55% Decreasing <br />to 5.55% <br />7.75% Decreasing <br />to 6.55% <br />8.75% Decreasing <br />to 7.75% <br />82 109
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