APPE
A
UB CL
O c t o b e r 2 6 , 2 0 2 3 | A p p e n M e d i a . c o m | A n A p p e n M e d i a G r o u p P u b l i c a t i o n | 5 0 ¢ | Vo l u m e 2 7 , N o . 4 3
RESS NP
appenmedia.com/join
Workforce fitness afflicts city budget with expected rise in personnel costs By AMBER PERRY amber@appenmedia.com
CITY OF JOHNS CREEK/PROVIDED
Johns Creek Mayor John Bradberry, center, and volunteers who helped dig in as part of the Daffodils 4 Hope initiative gather at Vineyard Johns Creek Assisted Living and Memory Care on Medlock Bridge Road.
Johns Creek assisted living center plants daffodils for city campaign By AMBER PERRY amber@appenmedia.com JOHNS CREEK, Ga. — Come February and March, passersby might notice more than 1,000 new daffodils along Medlock Bridge Road, as part of an initiative that brings awareness to cancer survivorship. Vineyard Johns Creek Assisted Living and Memory Care planted
1,100 flower bulbs on their property this month in support of Daffodils 4 Hope, Johns Creek Beautification’s community-wide program in partnership with CanCare Atlanta. The campaign has seen more than 30,000 daffodil plantings so far. Tiffany Benton, Vineyard’s life enrichment director, said the event falls in line with everything her organization wants to be – involved
Johns Creek Arts Fest fills weekend roster ► PAGE 4
JOSHUA CURRAN, CFP® JOSHUA CURRAN
Senior Vice President, Investments 1100 Abernathy Road, N.E. Building 500, Suite 1850 Atlanta, GA 30328 T 770.673.2190 // jcurran@raymondjames.com
citizens doing their part. “We want to do good,” Benton said. “We want to use what we have to make a positive impact on Johns Creek and to hopefully work together with other businesses and organizations in the community to help each other.” In addition to a representation of cancer survivorship, Benton said
See DAFFODILS, Page 14
Golf equipment leader to build 2-story facility ► PAGE 6
FDIC-Insured Brokered Certificates of Deposit
years – 0.00%* 1(0) year – 5.45%* years––5.35%* 0.00%* 2(0)years years––5.15%* 0.00%* 3(0)years
JOHNS CREEK, Ga. — With a high claims ratio, Johns Creek has had a tough time finding a health insurance carrier willing to take on the city as a client. Personnel costs account for about half – $36.6 million – of this year’s budget. Employee benefits make up $3.8 million of that total, partially due to an anticipated 39 percent annual rate increase. The price hike is a result of the city’s claims ratio, which far exceeds the ideal for health insurance companies. A claims ratio is calculated by looking at the total amount insurance companies pay out in claims compared to the premium paid, and it is what determines annual rate increases. Insurance companies like to maintain claims ratios of 80 percent or less. But Johns Creek, a “leader of health, wellness and innovation,” has a claims ratio of 146 percent for the last reported month with a rolling 30-month average of 126 percent. “In summary, our population is not very healthy,” Human Resources Director Elizabeth Awbrey said at the
See BUDGET, Page 15 00/00/00 *Minimum purchase may apply. Subject to availability. Rates expressed as annual percentage yield (APY) as of 00/00/00. 10/23/23 APY may reflect a current market discount. About FDIC insurance: Currently, the FDIC limits the insured amount (including principal and interest) for all deposits held in the same capacity to $250,000 per depositor, per insured depository institution and $250,000 for certain retirement accounts. Therefore, excess holdings may not be insured. About liquidity: Funds may not be withdrawn until the maturity date or redemption date. However, the brokered CDs are negotiable, which means that, although not obligated to do so, Raymond James and other broker/dealers presently maintain an active secondary market at current interest rates. Market value will fluctuate and, if the CD is cashed out prior to maturity, the proceeds may be more or less than the original purchase price. Holding CDs until term assures the holder of par value redemption. CDs are redeemable at par upon death of beneficial holder. For detailed overview of these and other risks refer to the Certificate of Deposit Disclosure Statement at raymondjames.com/liquid.htm. Additional information is also available on the SEC Certificates of Deposit: Tips for Investors website at sec.gov/answers/ cds.htm. © 2023 2022 Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. 22-BR3KA-0166 TA 11/22