From
Lisa Norris, Human Resources Director
Title
Ordinance amending the FY 2015/2016 Employee Insurance Operating Budget by an incremental amount of $22,693
Presenter
Lisa Norris, Human Resources Director
Recommended Action
Approve
Analysis
Employee Insurance Fund: An audit of the Employee Insurance Fund was completed by Finance resulting in a minor adjustment to the fund in the incremental amount of $22,693, modifying the Approved Expenditures from $20,318,904 to $20,341,597. This modifies the Total Appropriations from $20,350,850 to $20,373,543. These adjustments were in the areas of Employee Claims, Miscellaneous Services, Salaries, Supplies and Other Services & Charges as noted on the attachment. As a result, we need to amend the fund via this ordinance.
These incremental amendments recommended herein were discussed and reviewed by the Finance and Government Committee on February 7, 2017.
Financial Consideration
Funding for the FY 2015/2016 Employee Insurance Fund budget appropriation amendment is available by reducing the Ending Resources from $2,198,958 to $2,176,265.
Body
AN ORDINANCE OF THE CITY OF GRAND PRAIRIE, TEXAS, AMENDING THE FY 2015/2016 EMPLOYEE INSURANCE FUND BY AN ADDITIONAL $22,693 IN TOTAL EXPENDITURES, THEREBY MODIFYING THE TOTAL EXPENDITURES TO $20,341,597 AND REDUCING THE ENDING RESOURCES TO $2,176,265
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GRAND PRAIRIE, TEXAS:
SECTION 1. That the FY 2015/2016 Employee Insurance Fund be amended by an incremental amount of $22,693 in Expenditures, thereby increasing total expenditures from $20,318,904 to $20,341,597 and reducing the Ending Resource from $2,198,958 to $2,176,265.
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAND PRAIRIE, TEXAS, ON THIS THE 7TH DAY OF February, 2017.