The Knox City Council learned this week that the General Fund does not have enough money to pay the health premiums through the end of the year. The Council members had to allow a $70,500 transfer from the city’s EDIT fund into the General Fund.
Clerk-Treasurer Jeff Houston talked about one of the reasons the premium costs have escalated.
“We’ve added several new members to the plan and just by adding one employee and a spouse results in an almost $18,000 increase per year,” reported Houston.