HomeMy WebLinkAboutReso 2004-041 - Liability Insurance Program
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Resolution No. 2004 - 41
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A RESOLUTION OF THE CITY OF REDDING APPROVING AND
ADOPTING THE 40th AMENDMENT TO CITY BUDGET RESOLUTION
NO. 2003-103 APPROPRIATING AN ADDITIONAL $300,000 TO FUND
THE LIABILITY INSURANCE PROGRAM AND $200,000 FOR
WORKERS COMPENSATION PROGRAM FOR FISCAL YEAR 2003-04.
BE IT RESOLVED BY THE CITY COUlIoJ"CIL OF THE CITY OF REDDING
Decrease Fund Balance
172-897-01-0001-01
Increase Expenditure
172-897-00-2261-01
172-897-00-2260-01
FUND
172
THAT Budget Resolution No. 2003-103 be and is hereby amended as follows:
DNISION DESCRIPTION INCREASE DECREASE
897 Risk Management $ 500,000
THAT account titles and numbers requiring adjustments by this Resolution are as follows:
USE
OF FUNDS
SOURCE
OF FUNDS
Beginning Balance
$
500,000
Workers Compensation
Liability Claims
$
200,000
300,000
500,000
500,000
$
$
THAT the purpose is to appropriate $300,000 for the Liability Insurance program and $200,000 for
Workers Compensation program for fiscal year 2003-04.
I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a regular meeting of the
City Council of the City of Redding on the 16th day of March ,2004 and was duly adopted at said
meeting by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST:
COUNCIL MEMBERS: Cibula, Kight, Mathena and Stegall
COUNCIL MEMBERS: None
COUNCIL MEMBERS: Pohlmeyer
COUNCIL MEMBERS: None
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FORM APPROVAL:
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BRAD L. FULLER, City Attorney
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