HomeMy WebLinkAboutReso 98-115 - Approve & Adopt the 26th Amendment to City Budget Reso 97-111 Appropriating $ to correct over budget situation in the Employee Group Health Division .. /,
. S RESOLUTION NO.�I S �
A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING
THE 26TH AMENDMENT TO CITY BUDGET RESOLUTION NO. 97-111
APPROPRIATING $495,000 TO CORRECT AN OVER BUDGET SITUATION
IN THE EMPLOYEE GROUP HEALTH DIVISION.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING:
THAT Budget Resolution No. 97-111 be and is hereby amended as follows:
FUN1D DNISION DESCRIPTION 1NCREASE DECREASE
174 818 Employee Group Health $495,000
THAT account titles and numbers requiring adjustment by this Resolution are as follows:
USE SOURCE
OF FUNDS OF FLTNDS
Decrease Fund Balance
Employee Benefit - Group Insurance
A/C No. 111-000-00-0000 $495,000
Increase A�propriations
Employee Benefit - Group Insurance
A/C No. 174-818-00-2262-01 Group Health Claims Experience $492,050
AJC No. 174-818-00-2497-01 Long Term Disability Insurance Prem. 2.950
$495,000 $495,000
THAT the purpose is to appropriate $495,000 to correct an over budget situation in the
Employee Group Health Division.
I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a special
meeting of the City Council of the City of Redding on the 4 th day of August , 1998 , and
was duly adopted at said meeting by the following vote:
AYE: COUNCIL NIEMBERS: Cibula, Kight , McGeorge and Kehoe
NOES: COUNCIL MEMBERS: None
ABSENT: COIJNCIL MEMBERS: Anderson
ABSTAIN: COLJNCIL MEMBERS: None
AVID KE E, Mayor
ATTEST: FORM APPROVAL: �
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CONNIE STROHNIAYER, ' y erk W. LEONARD W � ATE, City Attorney ��
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