Montgomery County Seal!RESOLUTION NO. 190 of 2006
DATED: May 23, 2006
     

RESOLUTION TRANSFERRING FUNDS - WORKERS COMPENSATION SELF-INSURANCE PROGRAM
Resolution by Supervisor:   Johnson
Seconded by: Mancini


WHEREAS, an audit was completed by our insurance carrier G.E. Solutions for the period of 1/1/05 thru 1/1/06 regarding the gross payroll of all the participating members in the Montgomery County Workers Compensation program, and

WHEREAS, the result of the audit reveals an increase in the gross payroll of all the participants from $27,197,672.00 to $34,268,105.00, and

WHEREAS, this increase in payroll adjusts the premium rate that the plan has to pay to ensure proper coverage for the Excess Workers Compensation Liability Insurance, and

WHEREAS, funds are required to be transferred to cover increase adjustment of said premium in the amount of $18,086.00 to ensure proper coverage be paid,

RESOLVED, that the County Treasurer is hereby authorized and directed to amend the 2006 Operating Budget as follows:

TRANSFER FROM:

MS-10-4-1720-00-4464      Worker's Compensation Benefits      $ 18,086.00

TRANSFER TO:

MS-10-4-1910-00-4480      Insurances                          $ 18,086.00

RESOLUTION ADOPTED with Aye(1868). (5/23/2006)



County Attorney
cc: County Clerk
County Treasurer
Personnel Officer

Voting Record
Cechnicki (D) Yes66
DiMezza (D) Yes219
Dybas (D) Yes136
Greco (R) Yes139
Haak (D) Yes96
Johnson (D) Yes137
Jonker (D) Yes115
Mancini (D) Yes137
McMahon (R) Yes143
Paton (R) Yes147
Quackenbush (R) Yes158
Schumann (D) Yes139
Strevy (R) Yes103
Thomas (R) Yes84
Walters (R) Yes49
     
STATE OF NEW YORK County of Montgomery ss.:

      This is to certify that I, the Undersigned, Clerk Of The Montgomery County Legislature, have compared the foregoing copy of resolution with the original resolution now on file in the office, and which was passed by the Montgomery County Legislature on the 23rd day of May, 2006, a majority of all the members elected to the Legislature voting in favor therof, and that the same is a correct and true transcript of such original resolution and of the whole thereof.
      IN WITNESS WHEREOF, I have set my hand and the official seal of the Montgomery County Legislature this 24th day of May, 2006


Totals:Aye: 1868
Nay: 0 
Abstained: 0
Absent: 0