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w • ' <br /> DEPARTMENT OF FINANCIAL MANAGEMENT <br /> RISK MANAGEMENT DIVISION <br /> MEMORANDUM NO. 2003-125 <br /> December 19, 2003 <br /> TO: Mayor Paul Osborne <br /> City Council <br /> FROM: Steve Garma City Manager ��, <br /> Beth Couter, irector of Financial Management � <br /> J. Barry Leo ard, Risk Manager ;� / <br /> � <br /> SUBJECT: FLEXIBLE SPENDING ACCOUNTS (FSA) <br /> Risk Management has completed its analysis of the seven proposals submitted for new <br /> administrator of the FSA program. The new administrator is Consociate, Inc., and they will <br /> begin January l, 2004. <br /> Attached is a resolution authorizing the agreement between Consociate, Inc., and the City <br /> of Decatur. Included in the resolution is authorization to set up the necessary bank account. <br /> Please call if you have questions. ! <br />