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2004-118 RESOLUTION NO. 2004-118 A RESOLUTION AUTHORIZING A SUPPLEMENTAL APPROPRIATION TO PROVIDE ADDITIONAL FUNDS FOR 2004 HEALTH INSURANCE ADJUSTMENTS WHEREAS, the 2004 General Fund - Health Insurance Adjustment appropriation was based on an anticipated increase in employee co-payment contributions; and WHEREAS, the 2004 General Fund Budget was adopted prior to the finalization of the Administrative Employee health insurance co-payments and the settlement of the Police, Fire, Transit, and Law Enforcement Civilian union contracts; and WHEREAS, the City has set the administrative employee's health insurance co-payments and completed such union contracts establishing health insurance co-payments; and WHEREAS, the 2004 health insurance co-payments for Administrative employees and employees covered by the aforementioned union contracts were retained at the 2003 rates; and WHEREAS, the 2004 General Fund Budget does not contain funds sufficient to pay for its share of health insurance costs; and WHEREAS, the Common Council finds that it is in the best interest of the City to provide supplemental funding for such health insurance costs; and WHEREAS, it is within the authority of the Common Council, pursuant to Section 65.90(5)(a), Wisconsin Statutes to authorize and direct such supplemental appropriations. NOW, THEREFORE, BE IT RESOLVED, pursuant to Section 65.90 (5)(a), Wisconsin Statutes, that the Common Council of the City of Janesville hereby authorizes and directs that a supplemental appropriation in the amount of $81,700 be made from the General Fund's Undesignated Fund Balance and placed into the 2004 General Fund Health Insurance Adjustment budget account. ADOPTED: November 22, 2004 Motion by: Williams Second by: DeGarmo Councilmember Aye Nay Pass Absent Wellnitz, Tim X Brien X Williams X Wellnitz, Tom X Steeber X DeGarmo X Addie X APPROVED: Ste~ff~i:!f.d'4 ATTEST: Proposed by: Prepared by: Finance Administration Finance Administration