Press-Republican

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November 18, 2013

Tupper levy steady at tax cap

Town seeks 2.97% increase

(Continued)

HEALTH COSTS

Health and dental insurance costs went down, for both active members and retirees.

“The cost reduction works out to a couple thousand dollars a year for the town’s benefit, which helped reduce the amount to be raised in taxes. It was a bonus,” Wolson said.

A change in health-care coverage for retirees last year through Excellus saved Tupper Lake $45,000, Wolson said, without reducing benefits to retiree coverage.

And Tupper Lake has opted to amortize state pension contributions, which created a drop in the mandated payment for next year.

“It went down,” Wolson said. “Last February, we paid $69,000, and we are paying $65,000 this year. The state has said the pension contribution rate will go down in 2014-15.”

The town has to submit final budget figures to the state by Nov. 20.

Email Kim Smith Dedam: kdedam@pressrepublican.com

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