Payroll Benefits & Taxes:

For fiscal year 2026, the town of Barnet has budgeted $207,939 for the Payroll Benefits & Taxes fund, which covers highway employee benefits and taxes. The largest expenses are $123,862 for Health Insurance, $28,619 for FICA Taxes (Social Security), and $26,462 for Retirement. Other line items include a $12,000 Health Reimbursement Arrangement (HRA), a $9,000 Reserve Fund Appropriation Uniforms, a $5,200 Health Insurance Declination Stipend, $2,100 for Dental Insurance, and $696 for Unemployment Compensation.