Story Courtesy of Jeremy Smith for TOC News
The Carmi City Council met in regular session Tuesday night, with all members in attendance.
The Council approved the minutes of the January 5th meeting, proceeding on to approve the December 2020 Financial Reports for the City of Carmi, and Light and Water Departments. Also approved were the January 2021 vendor invoices for the City of Carmi, and Light and Water Departments.
The only item on the agenda in old or new business was approval of the Symetra Stop Loss Insurance for plan period February 1, 2021 through January 31, 2022. It was explained that this is the insurance that picks up and takes care of premiums when a city employee’s medical claims exceed $50,000. The city’s premium decreased by $5000 this year due to the fact that no-one exceeded the $50,000 mark, although a few did get close.
In finances, the Treasurer reports the city ended December short by $5000 on revenue, citing the fact no county taxes have yet to be received. However, the expenditures were down by $1,100,000.