Board Book Addendum - New Benefits Package Budget Comparison
This is a correction to a figure cited on pages 50-55 of the board book, in relation to the new staff benefits package. Documents cite an anticipated annual cost of $252,546 and a savings of $223,690.90 in 2025 when compared to the budgeted amount. The correct figures should be a total projected cost of $296,046 (including existing benefit contract for Q1 and new contract for Q2-4) for projected savings against budget of $180,191.
