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COM 0521.047 2002-2004
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COM 0521.047 2002-2004
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Last modified
5/13/2008 6:08:57 PM
Creation date
5/10/2008 12:51:23 AM
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Communications
Communications - Type
COM
Communications - Council Term
2002-2004
Communication
0521
Point
047
Author
Connie Kiriu, Legislative Auditor
Communications - Referred To
Council
Comments
Presented: Council - 6/02/04
Document Relationships
BIL 237 Draft 03 2002-2004
(Related)
Path:
\Council Records\Bills\2002-2004
COM 0521.000 2002-2004
(Related)
Path:
\Council Records\Communications\2002-2004
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HIGHWAY FUND <br /> EXPENSE <br /> 5281.42 Traffic Signs & Markings (91,658) 1,166,929 <br /> 5802.01 Pension Accumulation-H 91,658 666,700 <br /> TOTAL EXPENSE ADJUSTMENTS 0 <br /> VARIANCE HIGHWAY FUND p <br /> GENERAL FUND <br /> REVENUE <br /> 3609.03 Reimb FICA/ERS-Hwy 91,658 1,115,287 <br /> 3609.81 Reimb FICA/ERS-Sol Wst 14,465 432,064 <br /> TOTAL REVENUE ADJUSTMENTS 106,123 <br /> EXPENSES <br /> 5901.10 ERS Pension Accum Fund-G 106,123 10,487,800 <br /> 5101.91 Contingency Relief (14,465) 1,388,007 <br /> 5801.35 Transfer to Solid Waste Fund 14,465 9,915,558 <br /> TOTAL EXPENSE ADJUSTMENTS 106,123 <br /> VARIANCE GENERAL FUND 0 <br /> HEALTH FUND <br /> We were also informed that the Health Fund contributions ($115,449-Hwy + $18,219-SW) and FICA <br /> ($51,558-Hwy + $8,136-SW) are based on actual employees, not projected employees. Therefore, the <br /> related decrease in Health Fund contributions will be tight given the added police and fire positions and <br /> the imprecise factor of hiring throughout the year. <br /> <br /> According to Comptroller Deanna Sako, the amounts in Draft 2 would not have to be adjusted as long as <br /> monies ($133,668 + $59,694) are available in the Council's contingency for transferring next fiscal year. <br /> <br />
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