City of Columbus - File #: 0032-2006

• File #: 0032-2006
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 12/30/2005
• In control: Administration Committee
• On agenda: 1/30/2006
• Final action: 2/1/2006
• Title: To make appropriations for the 12 months ending January 31, 2007 for the funding of the City employee insurance programs, and to declare an emergency. ($77,858,419.00)

Date	Ver.	Action By	Action	Result
2/1/2006	1	MAYOR	Signed
2/1/2006	1	CITY CLERK	Attest
1/30/2006	1	Columbus City Council	Approved	Pass
1/30/2006	1	COUNCIL PRESIDENT	Signed
1/19/2006	1	HR Drafter	Sent to Clerk's Office for Council
1/18/2006	1	HR Drafter	Sent for Approval
1/18/2006	1	CITY AUDITOR	Reviewed and Approved
1/18/2006	1	HR Drafter	Sent for Approval
1/18/2006	1	CITY AUDITOR	Reviewed and Approved
1/17/2006	1	EBOCO Reviewer	Reviewed and Approved
1/17/2006	1	EBOCO Reviewer	Reviewed and Disapproved
1/17/2006	1	ODI DIRECTOR	Reviewed and Disapproved
1/17/2006	1	HR Drafter	Sent for Approval
1/17/2006	1	CITY ATTORNEY	Reviewed and Approved
1/13/2006	1	Finance Reviewer	Reviewed and Approved
1/13/2006	1	FINANCE DIRECTOR	Reviewed and Approved
1/13/2006	1	HR Drafter	Sent for Approval
1/12/2006	1	HR Drafter	Sent for Approval
1/11/2006	1	HR DIRECTOR	Reviewed and Approved
12/30/2005	1	HR Drafter	Sent for Approval

Explanation
BACKGROUND: To maintain the employee insurance programs in accordance with the negotiated labor contracts, appropriation is necessary for the continuation of all employee benefits programs. To determine the amounts necessary for the annual appropriation, current utilization and projected future claims were analyzed and trended on the basis of a three-year average of actual city utilization in conjunction with industry trends, as well as actuarial services. The appropriation included 2006 budgeted amounts, employee premium contributions and COBRA premium deposits.

FISCAL IMPACT: Claims costs and administrative fees for 2005 and are estimated at $74,886,000.00. A total of $77,858,418.00 is projected to be required for 2006.
These funds are needed to cover the costs of the City employee insurances.
Appropriation is being made to the following programs:

Medical Plan (including COBRA) $51,731,267.00
Dental Plan $ 5,668,192.00
Life Plan $ 1,179,660.00
Disability Plan $ 2,975,555.00
Vision Plan $ 1,069,592.00
Drug Plan $15,234,153.00
TOTAL $77,858,419.00

Title
To make appropriations for the 12 months ending January 31, 2007 for the funding of the City employee insurance programs, and to declare an emergency. ($77,858,419.00)

Body
WHEREAS, an emergency exists in the usual daily operation of the City of Columbus in that it is immediately necessary to appropriate funds for the City's various employee insurance programs so that they continue without interruption, thereby preserving the public peace, property, health, safety and welfare; Now, Therefore,

BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS, OHIO

SECTION 1. That from the monies in and from all monies estimated to come into the Employee Benefits Fund 502, from any and all sources during the 12 months ending January 31, 2007, the following appropriations are hereby authorized and directed:
Div. No. OCA OL1 Subfund OL3 Amount To...