Rusk City Council awards health insurance bid; adopts 2 resolutions
According to Rusk City Manager
The bid for employee health insurance was awarded to Texas Municipal
Also, approved were two resolutions -- one resolution adopted an investment policy for the
"We established the resolution to keep 25 percent of funds in the fund balance," Dunaway said.
He explained that since revenue is typically less for the city in October, November and December due to taxes not being due yet, that the measure will allow money for emergencies, if needed.
He said both the investment policy and fund balance policy are procedural resolutions needed for the city's credit rating.
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The next budget workshop is set for
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