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HomeMy WebLinkAbout118-01 Ordinance RECORD OF ORDINANCES Dayt^^ Legal Blank Co Form No. 30043 118-O1 Ordinance No Passed An Ordinance Amending The Annual Appropriations Ordinance For The Fiscal Year Ending December 31, 2001 WHEREAS, Section 5705.40 of the Ohio Revised Code allows for supplemental appropriations to be made to an appropriations measure provided sufficient p resources are available; and WHEREAS, the Ohio Revised Code requires, when necessary, amendments to the annual appropriations measure to be made in order that appropriations are not over expended; and WHEREAS, it is necessary to amend the annual appropriations measure to provide increased funding for the employee benefits program. NOW, THEREFORE BE IT ORDAINED by the Council of the City of Dublin, State of Ohio, ~ of the elected members concurring that: Section 1. There be appropriated from the unappropriated balance in the General Fund the amount of $55,700.00. Of the total, $5,500 is to be appropriated to account 1 O 1-Ol 10-710-2120; $1,400 to account 101-0112-710- 2120; $7,000 to account 101-0114-710-2120; $1,400 to account 101-0115-710- 2120; $10,200 to account 101-0116-710-2120; $10,700 to account 101-0210-710- 2120; $5,700 to account 101-0310-720-2120; $2,000 to account 101-0312-720- 2120; $8,900 to account 101-0313-720-2120; $1,800 to account 101-0510-710- 2120; and $1,100 to account 101-0511-710-2120, all for the purpose of payment of increased employee benefit premiums. i Section 2. There be appropriated from the unappropriated balance in the State Highway Fund the amount $12,800 to account number 211-0631-770-2120 for the purpose of payment of increased employee benefit premiums. Section 3. There be appropriated from the unappropriated balance in the Employee Benefits Self-Insurance Fund the amount of $400,000 to account number 701-0111-710-2361 for the purpose of funding increased employee medical claims expenses. Section 4. This Ordinance shall take effect and be in force in accordance with Section 4.04(a) of the Dublin City Charter. Passed t day of ~C~'a k7-C.~-- , 2001. - P esi mg Officer TEST: Clerk of Council If~.rP t herehy certif~,~ that copies of this Ord~nonce/Resolution were posted in the City of Dublin in accordanee with Section 731.25 of the Oflio Revised Corte. I~t~~JC.. Cler f Ccw.m~;l n..;,, Office of the City Manager 5200 Emerald Parkway • Dublin, Ohio 43017-1006 M e m O CITY OF DUBLIN Phone: 614-410-4400 • Fax: 614-410-4490 To: Members of Dublin City Council From: Timothy C. Hansley, City Manager Date: September 13, 2001 Subject: Ordinance No. 118-01, An Ordinance Amending The Annual Appropriations Ordinance Initiated by: Michele M. Hoyle, Director of Fiscal Administration 'C This ordinance requests additional appropriations in various divisions for employee insurance premiums, and in the Employee Benefits Self-Insurance Fund for payment of medical claims. The added appropriation in the Employee Benefits Self-Insurance Fund is needed for payment of employee medical claims. Based on expenditures through August, current appropriations will not be adequate to fund medical claims for the balance of the year. The increase of $400,000 reflects the most recent estimate of funding requirements through the end of 2001. As a result of the above increase in benefits costs, it is necessary to raise the premiums charged to all City divisions for employee insurance. While the current budgets of most divisions are sufficient to absorb the larger premiums, additional appropriations totaling $68,500 in various divisions are needed as listed in this ordinance. If you have any questions, do not hesitate to contact Michele. T:\2001\081-ORD-118-01 MEMO.doc