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HomeMy WebLinkAboutReso 2007-066 - Health and Welfare Benefits e e Resolution No. 2007 - ~ A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 77th AMENDMENT TO CITY BUDGET RESOLUTION NO. 2005-77 APPROPRIATING $1,500,000 FROM SELF-INSURANCE RESERVE FUND FOR HEALTH AND WELFARE BENEFITS PROGRAM FOR FISCAL YEAR 2006-07 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING THAT Budget Resolution No. 2005-77 be and is hereby amended as follows: FUND 174 DIVISION DESCRIPTION 818 Group Insurance INCREASE $ 1,500,000 DECREASE THAT account titles and numbers requiring adjustments by this Resolution are as follows: USE OF FUNDS SOURCE OF FUNDS Decrease Fund Balance 172-897 -01-0001-01 Beginning Balance $1,500,000 Increase (Decrease) Revenue 172-897-05-5040-01 174-818-05-5020-01 Transfer out Transfer in (1,500,000) 1,500,000 Increase Expenditure 174-818-00-2262-01 Health Claims $1,500,000 $1,500,000 $1,500,000 THAT the purpose is to appropriate $1,500,000 from Self-Insurance Reserve Fund for Health and Welfare Benefits Program for the fiscal year 2006-07. 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 1st day of May, 2007, and was duly adopted at said meeting by the following vote: AYES: NOES: ABSENT: ABSTAIN: COUNCIL MEMBERS: COUNCIL MEMBERS: COUNCIL MEMBERS: COUNCIL MEMBERS: Bosetti, Jones, Murray, Stegall, and Dickerson None None None ATTEST,"'" \~ , -".//....:: ,,~,t\ '\ (ffid ~~- DICK DICKERSON, Mayor FORM APPROVAL: g o .:.J ) 0) 0) '... . ''-' <', :.....~. '1 /. J