CRT 2017 #11 · Communication to the City Council · Mar 20 2017

ATTACHMENTA 25 Nanoan 2017 FINANCE COMMITTEE I'll start with a sporter: Carbody's 2o1d budget will come in between 6e2 and 504 million dollars. I wint our city to join the State's Group Insurance Commission. Employe Health insurance is one of the latest expind tores, and a loner priced alternation has been adorable for years, The GIC is pertectly acceptable for Governor Charle Baker, a longti heath insurance executive, and Is lee, to save Cantrod taxpayers millions. When Somerale jord the program tive years ago premiuns dropped 25% instantly. Things are changing rapedly in Washington. Under the Affordsble Care Act, a surchange called the 'Cadillon Tax was to be imposed on emplogee: whose insurance experises are deemed excessive. You, Cousillons, nould be subjed to that Cadillac Top. M, GiC proposal leads to my second point which is to suspend all munapal barrowing, Two years ago the Gt Manager was authorized to barrow op to #150 millon for school reconstruction in annual increments. There is absolutely no justifiation for our wealthy Eits to borrow money and the twendy millon or so this year might even be found in Employee Health Insurance savings alone, I propose an allocation of just two dollars for the Cambridige Redevelopment Authority. That's the cost of a box of mails to seal the lid on this outfit for once and for all and save us from its misery,

Conquatulations, Mr, Kale, on your now gig, I hope that you'll shere yoor Belmont expensed and show us how Belmont pays Election Commissioners one fiftiith as much as fambridge does. And Belmont does a better job. Finally, a personal request, Can all porterpants refrain from as the phrase Triple A Bond Rating!' for the remander ot this meeting? It's kinda like the Kock brothers brasgrin about their high credit scores, Belmont, Boston, plenty of otters have Triple As as well, Worth the exception of sewer bonds, there's no reason for Cambudy to borrow a dime. It's my money. Take butter care of it. GARY MELLO 25 Januca 17