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File #: 18-629    Version: 1 Name:
Type: Consent Item Status: Passed
File created: 12/3/2018 In control: City Council/Public Finance and Economic Development Authority/Parking Authority
On agenda: 1/7/2019 Final action: 1/7/2019
Title: SUBJECT: Approval of Supplemental Budget Appropriations in the Amount of $1,000,000 Due to Increased Activity in Worker's Compensation Claims in Fiscal Year 2018-19 REPORT IN BRIEF Considers approving supplemental budget appropriation increases to Fund 666-Worker's Compensation by $1,000,000. This adjustment is necessary due to higher than projected worker's compensation claims activity than what was originally budgeted for fiscal year 2018-2019. RECOMMENDATION City Council - Adopt a motion: A. Approving an increase in revenue account 666-0410-360.01-11 received as a Reimbursement of Worker's Compensation Claims in the amount of $175,000; and, B. Approving a transfer of $500,000 of Police Department salary saving from the FY 2018-19 General Fund adopted budget to Fund 666-Worker's Compensation; and, C. Approving a supplemental appropriation from the unreserved, unappropriated fund balance of the General Fund in the amount of $325,000 and transferring to Fund 666-Worker's ...
Sponsors: Support Services Department, Rosa Winzer
Report Prepared by: Rosa M. Kindred-Winzer, Insurance Coordinator, Support Services Department

Title
SUBJECT: Approval of Supplemental Budget Appropriations in the Amount of $1,000,000 Due to Increased Activity in Worker's Compensation Claims in Fiscal Year 2018-19

REPORT IN BRIEF
Considers approving supplemental budget appropriation increases to Fund 666-Worker's Compensation by $1,000,000. This adjustment is necessary due to higher than projected worker's compensation claims activity than what was originally budgeted for fiscal year 2018-2019.

RECOMMENDATION
City Council - Adopt a motion:

A. Approving an increase in revenue account 666-0410-360.01-11 received as a Reimbursement of Worker's Compensation Claims in the amount of $175,000; and,

B. Approving a transfer of $500,000 of Police Department salary saving from the FY 2018-19 General Fund adopted budget to Fund 666-Worker's Compensation; and,

C. Approving a supplemental appropriation from the unreserved, unappropriated fund balance of the General Fund in the amount of $325,000 and transferring to Fund 666-Worker's Compensation Fund; and,

D. Approving the total appropriation of $1,000,000 in Fund 666-Worker's Compensation and,

E. Authorizing the Finance Officer to make the necessary budget adjustments.

Body
ALTERNATIVES
None.

AUTHORITY
Article XI - Fiscal Administration

CITY COUNCIL PRIORITIES
As provided for in the 2018-19 Adopted Budget

DISCUSSION
The City of Merced's Workers' Compensation program is a self-funded plan. During the annual budget process, the Support Services department works with the City Attorney's office to estimate the needs of existing claims and pending settlements to recommend funding for this program. During this fiscal year, the City has experienced higher than anticipated workers' compensation claims activity than what was originally budgeted for fiscal year 2018-2019

Support Services is requesting a supplemental appropriation of $1,000,000 to cover ...

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