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HomeMy WebLinkAbout031156 ORD - 05/23/2017 Ordinance amending current Operating Budget adopted by Ordinance No. 030965 as follows: (a) increase revenues by $2,423,308 due to increased stop loss reimbursements and increase appropriations by$6,000,000 due to increased health care costs in the Citicare Group Health Fund; (b) increase revenues by $1,770,576 due to increased stop loss reimbursements and increase appropriations by $3,800,000 due to increased health care costs in the Police Group Health Fund; and (c) increase revenues by$246,476 due to increased stop loss reimbursements and increase appropriations by $800,000 due to increased health care costs in the Fire Group Health Fund. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That the FY 2016-2017 Operating Budget adopted by Ordinance No. 030965 is amended to increase revenues by $2,423,308 and increase appropriations by $6,000,000 due to increased health care costs in the CitiCare Group Health Fund due to increased stop loss reimbursements. SECTION 2. The FY2016-2017 Operating Budget, adopted by Ordinance No. 030965, is amended to increase revenues by $1,770,576 due to increased stop loss reimbursements and increase appropriations by$3,800,000 due to increased health care costs in the Police Group Health Fund. SECTION 3. The FY2016-2017 Operating Budget, adopted by Ordinance No. 030965, is amended to increase revenues by $246,476 due to increased stop loss reimbursements and increase appropriations by $800,000 due to increased health care costs in the Fire Group Health Fund. The foregoing ordinance was read for the first time and passed to its second reading on (,,,p this the IT' ay of ` , 20 f 1, by the following vote: Mayor V Paulette Guajardo Rudy Garza Lucy Rubio Michael Hunter Greg Smith Ben Molina Carolyn Vaughn Joe McComb 0311. 56 INDEXED The foregoing 9 rdinance was read for the second time and passed finally on this the e 3 ay of , 20 J 1 , by the following vote: Mayor McComb 0/11Paulette Guajardo al,_ Rudy Garza ausu Lucy Rubio ___thy.,_ Michael Hunter I I Greg Smith b nBen Molina Carolyn Vaughn ,Cd.0 Council Member VQ,(' AA- t, 2,4_ nn4_ PASSED AND APPROVED this the !�� day of L414 l CL-LI' b , 20 1-1 ATTEST: VW - .L Rebecca Huerta Jo- r Comb City Secretary M. . 0311. 5E CITY OF CORPUS CHRISTI CERTIFICATION OF FUNDS (City Charter Article IV, Sections 7 & 8) I, the Director of Financial Services of the City of Corpus Christi, Texas (or his/her duly authorized representative), hereby certify to the City Council and other appropriate officers that the money required for the current fiscal year's portion of the contract, agreement, obligation or expenditure described below is in the Treasury to the credit of the Fund specified below, from which it is to be drawn, and has not been appropriated for any other purpose. Future payments are subject to annual appropriation by the City Council. City Council Action Date: May 23. 2017 Legistar Number: 17-0616 Agenda Item: Ordinance amending current Operating Budget adopted by Ordinance No. 030965 as follows: (a) increase revenues by $2,423,308 due to increased stop loss reimbursements and increase appropriations by $6,000,000 due to increased health care costs in the Citicare Group Health Fund; (b) increase revenues by $1,770,576 due to increased stop loss reimbursements and increase appropriations by $3,800,000 due to increased health care costs in the Police Group Health Fund; and (c) increase revenues by $246,476 due to increased stop loss reimbursements and increase appropriations by $800,000 due to increased health care costs in the Fire Group Health Fund. Amount Required: $ 6.159.640 Fund Name Accounting Unit Account No. Activity No. Amount Emp Bene Hlth - Fire 5608 251850 $553,524 Emp Bene Hlth - Police 5609 251850 $2,029,424 Emp Bene Hlth - Citicare 5610 251850 $3,576,692 Total $6,159,640 ❑ Certification Not Required Director of Financial Services Date: MAY 1 5 2017