Number
051482
Version
ORGINIAL
Reference
Sponsor
THE CHAIR
Title
Resolution relating to expenditure of funds to be reimbursed by greater than anticipated revenue. (Worker’s Compensation)
Analysis
Body
Whereas, Common Council File 980965 established procedural guidelines related to the expenditure of funds to be reimbursed by greater than anticipated revenues; and
Whereas, The Worker’s Compensation has received payment for various settlements totaling $206,550; and
Whereas, The Comptroller has certified greater than anticipated revenue in the amount of $206,550, pursuant to s. 304-91; and
Pursuant to s. 304-91, I hereby certify that the money required for this is anticipated to be realized on or before 12/31/05 and to be expended only for the purpose in this resolution.
__________________________________ _______________
Comptroller Date
; now, therefore, be it
Resolved, That $206,550 is appropriated to the Special Purpose Account Worker’s Compensation account #0001-1650-S176-006100; and, be it
Further Resolved, That the Department of Employee Relations is authorized to expend $206,550 in the Worker’s Compensation account 0001-1650-S176-006100; and, be it
Further Resolved, That the City Comptroller be, and hereby is, authorized and directed to establish the necessary accounts and accounting procedures to carry out the intent of this resolution.
Drafter
Budget and Management Division
Ref:DY; 05021
February 15, 2006
FINANCE: 05WCRS.doc