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HomeMy WebLinkAbout10-25-2011 EMPLOYEE BENEFIT PLAN TRUSTEE MTG � CITY OF CALDWELL ��� ��� � ��! � ��`�.�:�._� EMPLOYEE BENEFIT PLAN TRUSTEE MEETING HELD ON OCTOBER 25, 2011 The meeting was reconvened at 8:15 a.m. Those in attendance: Monica Jones, ElJay Waite, and 1VIary-Kaye Stewart DISCUSSION ITEM(S): • Reconciled income statements, balance sheet and finance reports as of September 30, 2011. • As of September 30, 2011, trial balance and bank balance is $594,744.03. • Reported revenues of $2,328,813.34 and expenditures of $2,547,205.04. Year to date expenditures are $218,391.7Q over revenues. • ElJay will make a request to City Council for additional funding from city departments of $100,000. • • A review of revenues and expenditures will be made in January to evaluate the need for premium adjustments. MOVED by ElJay, SECONDED by Monica Jones to adjourn at 8:20 a.m. and schedule the next Trustee Meeting for january 9, 2012 at 9:00 a.m. Those voting yes: Unanimous. MOTION CARRIED • �.,:'� �" � " ��. � R�, �:.�,,, ,� � 3 a :, �.3 ��."� e � � ' �s � ��