 | 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)
cc: | County Clerk County Treasurer Personnel Officer
|
Voting Record | Cechnicki | (D) | Yes | 66 | DiMezza | (D) | Yes | 219 | Dybas | (D) | Yes | 136 | Greco | (R) | Yes | 139 | Haak | (D) | Yes | 96 | Johnson | (D) | Yes | 137 | Jonker | (D) | Yes | 115 | Mancini | (D) | Yes | 137 | McMahon | (R) | Yes | 143 | Paton | (R) | Yes | 147 | Quackenbush | (R) | Yes | 158 | Schumann | (D) | Yes | 139 | Strevy | (R) | Yes | 103 | Thomas | (R) | Yes | 84 | Walters | (R) | Yes | 49 |
| | 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 |
|