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HomeMy WebLinkAboutR-2453 - Changing the City's payment method for Unemployment Insurance to the Reimbursable MethodCITY OF MARYSVILLE Marysville, Washington RESOLUTION NO. 2 '-f tJ 3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MARYSVILLE, WASHINGTON, CHANGING THE CITY'S PAYMENT METHOD FOR UNEMPLOYMENT INSURANCE TO THE REIMBURSABLE METHOD. WHEREAS , the City currently pays for unemployment insurance by the taxable method and is assigned a base tax rate of 1.25% of total gross wages ; and WHEREAS , the City 's unemployment claims are less than it pays in tax ; and WHEREAS , the City has the option of paying for unemployment insurance by the reimbursable method which bills the employer every three months for its share of unemploym e nt insurance benefits received by former employees; and WHEREAS , switching to the reimbursable method will result in an alignment of cost to benefit for the City . NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF MARYSVILLE that the Mayor is authorized to take all necessary steps to change the City 's method of paying unemployment taxes to the reimbursable method. ADOPTED by the City Council at an open public meeting this 6 October, 2018 . CITY OF MARYSVILLE Attest: By &~ /f6wol_- TlrtA f>f.b~, DEPUTY CITY CLERK Approved as to form: ~LKER , CITY ATTORNEY day of