HomeMy WebLinkAbout1974 11-14 Insurance costs hit Maplewood's budget DISPATCH Insurance costs hit
Ma lewood's bud /et
n HAns 1 .
Soaring ensu•ance costs Council al a John Grea-
have added to Maple- vu says he wants the city
wood's budget balancing council to "go through
problems. this whole (insurance)
As an example, last thing."
year the premium for the "We need coverage
city's general property.- now."he conceded. "But I
liability and fleet insur- think we can change some
ance was$30.916. of our coverage. I hope
The city expected an in- so."
crease this year. budget- City Manager Michael
ing a total$34.360 for it. Miller could offer no im-
INSTEAD the bill came mediate explanation for
to$38.494. the missed budget esti-
The city also budgeted mates.
$24.000 for w o r k m e n 's "The budgetary impact
compensation insurance. of the coverages has not
BUT LAST week the been completely studied
city council was informed vet." he'advised the coun-
that the actual cost will be cil.
$31.082. up from last He promised a report at
year's$19,809. a later date.