HomeMy WebLinkAbout2004-04-20; City Council; Resolution 2004-130I
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RESOLUTION NO. 2004-130
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF CARLSBAD, CALIFORNIA AUTHORIZING
TRANSFERS FROM VARIOUS CITY FUNDS TO THE
WORKER’S COMPENSATION FUND AND
APPROPRIATING FUNDS
WHEREAS, the City of Carlsbad is self-insured for Worker‘s Compensation costs; and
WHEREAS, Worker‘s Compensation costs have risen dramatically over the past two years;
and
WHEREAS, the City of Carlsbad operates an internal service fund to account for the cost of
worker’s compensation and to charge each fund its appropriate share; and
WHEREAS, due to the significant increases in worker‘s compensation claims, the various
funds in the City have been undercharged by the City’s worker’s compensation fund for their share
Df those costs.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad as follows:
1. That the above recitations are true and correct.
2. That the Finance Director is authorized to appropriate the amounts shown in Attachment
9 from the fund balance of the various funds operating budgets and pay a like amount to the
JVorker’s Compensation fund in payment of actual and anticipated claims ow the past two years.
PASSED, APPROVED AND ADOPTED at a regular meeting of the Board of Directors held
m the 20th day of April , 2004 by the following vote, to wit:
AYES: Council IIembers Lewis, Finnila,
NOES: tione
ABSENT: None
ATTEST:
n
(SEAL)
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Attachment A
WORKERS COMPENSATION FUND
ALLOCATION OF BUDGET SHORTFALL
FISCAL YEARS 2003 AND 2004
Certain City Funds
General Fund
COPS Fund
Affordable Housing Trust
Storm Water Prot. Pgm
Trees
Medians
Street Lighting
Sr. Nutrition
CDBG
Sanitation
Solid Waste
Wrkrs.Cmp.
Risk Mgmtl Liab. Ins.
Records
Vehicle Maint.
Information Technology
Total
2,054,733
19,867
3,867
11,867
25,300
1 2,466
5,300
2,667
3,133
49,733
567
2,100
4,467
28,933
40,467
33,000
2,298,467
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