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HomeMy WebLinkAboutReso 2003-225RESOLUTION NO. 2003-225 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AMENDING THE FISCAL YEAR 2003 GENERAL FUND OPERATING BUDGET IN VARIOUS DEPARTMENTS BY $451,000 TO FUND INCREASED WORKERS' COMPENSATION EXPENSES THROUGH THE END OF FISCAL YEAR 2003, AND APPROPRIATE $451,000 FROM THE WORKERS' COMPENSATION FUND AVAILABLE RESERVES TO TRANSFER TO THE GENERAL FUND FOR THE INCREASED COSTS WHEREAS, Workers' Compensation premium increases greater than anticipated, coupled with legislative mandated mid-year benefit increases and extraordinary claim costs have resulted in a shortfall of funds available to cover claims expenses through the end of the fiscal year; and WHEREAS, staff anticipate that the City will receive reimbursement from our insurer for a large portion of these extraordinary expenses; and WHEREAS, until that time, it is necessary to continue to pay the associated costs on an on-going basis; and WHEREAS, in order to do so and to pay other claim expenses the requested appropriation is necessary. NOW, THEREFORE, BE IT RESOLVED that the City Council of City of Chula Vista does hereby amend the Fiscal Year 2003 General Fund Operating Budget in various depa~hnents, by $451,000, to fund increased workers' compensation expenses through the end of the fiscal year 2003 and appropriate $451,000 from the Workers' Compensation Fund available reserves to transfer to the General Fund for the increased costs. Presented by Approved as to form by Mamia Raskin Human Resources Director Ann Moore City Attorney Resolution 2003-225 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 27th day of May, 2003, by the following vote: ATTEST: Councilmembers: Councilmembers: Councilmembers: AYES: NAYS: ABSENT: Davis, McCann, Rindone, Salas and Padilla None None Susan Bigelow, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Susan Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2003-225 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 27th day of May, 2003. Executed this 27th day of May, 2003. Susan Bigelow, City Clerk