HomeMy Public PortalAboutrev-R3452 FIN General Insurance Budget TransferRev 8/20/18
RESOLUTION NO. 3452
A RESOLUTION, transferring unencumbered appropriated balances totaling Five
Hundred Thousand Dollars ($500,000.00) from the Water Backup Fund #4104 to the General
Insurance Fund #4105 to cover the cost of additional Workers Compensation claims.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF
THE METROPOLITAN ST. LOUIS SEWER DISTRICT that:
The total sum of Five Hundred Thousand Dollars ($500,000.00) of unencumbered
appropriations is hereby transferred from the Water Backup Fund #4104 to the General
Insurance Fund #4105.
The following amounts are available for a transfer of appropriations:
Fund Cost Center Natural Account Business Line
(xxxx)(xxxxx)(xxxxx)(xxxxx)Amount
4104 00105 54900 00 $ 500,000
$ 500,000
The following amounts are additional appropriations needed:
Fund Cost Center Natural Account Business Line
(xxxx)(xxxxx)(xxxxx)(xxxxx)Amount
4105 00104 54390 00 $ 500,000
$ 500,000
Total Transfer From:
Total Transfer To:
Justification
Justification
Funds available to transfer to
General Insurance
Funds required for remaining
FY18 Workers Compensation
Rev 8/20/18
The foregoing Resolution was adopted on June 14, 2018 by the following vote –
Ayes – R. Bobo, A. Mandel, M. Yates, F. Dunlap and J. Singer
Nays – None.
Secretary-Treasurer