HomeMy WebLinkAbout031490 ORD - 07/24/2018 Ordinance appropriating $500,000 from the Reserved Fund Balance in the Workers'
Compensation Fund for payment of higher-than-actuarially calculated workers
compensation costs and amending the FY17-18 Budget
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
CORPUS CHRISTI, TEXAS:
SECTION 1. Funds in the amount of$500,000 are appropriated from the Reserved Fund
Balance in the Workers' Compensation Fund for payment of higher-than-actuarially
calculated workers compensation costs
SECTION 2. The FY17-18 operating budget is amended by increasing expenditures by
$500,000.
ATTEST:
•
e•-cca Huerta Jo cComb
City Secretary Myo
031 490
INDEXED
That the foregoing ordinance was read for the first time and passed to its second
reading on this the 1111ay of , 2018, by the following vote:ru
Joe McComb I / Ben Molina __CLK.e.
Rudy Garza 1/..II.' Everett Roy II A..
Paulette Guajardo I I Lucy Rubio I AI
Michael Hunter I *A 4 Greg Smith ._2.91_,
Debbie Lindsey-Opel Q,( i
That the foregoing ordinance was read for the second time and passed finally on this
14-
the day of , 2018, by the following vote:
Joe McComb I. J. , Ben Molina _If
d
Rudy Garza `' Everett Roy V
/ LucyRubio ��
Paulette Guajardo i_ ,� v�►
Michael Hunter I i4,0 & Greg Smith 1. i f
Debbie Lindsey-Opel � /
W
PASSED AND APPROVED, this the 2-4day of ,t--ee ,, 2018.
ATTEST:
t1
-g"---11L'' ..& . a A._.,..., ,, ( .,,..--/
Rebecca Huerta J.- cComb
City Secretary apt-
031490
y pr1031490
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: July 12018 Legistar Number: 18-0796
Agenda Item:
Ordinance appropriating $500,000 from the Reserved Fund Balance in the Workers' Compensation Fund
for payment of higher-than-actuarially calculated workers compensation costs and amending the FY17-
18 Budget.
Amount Required: $500,000
Fund Name Accounting Unit Account Activity No. Amount
N .
Workers' Compensation 5612 251850 $500,000
Self-Insurance
Total $500,000
❑ Certification Not Required
Director of Financial Services
Date: Jill 1 7 2018