Explanation
BACKGROUND: To maintain unemployment benefit payments in accordance with Federal Law, additional appropriation is necessary for the unemployment compensation program. To determine the amount necessary for the appropriation, current utilization and anticipated claims were analyzed. Additional appropriation is needed due to an increased number of unemployment claims and state and federal unemployment benefit extensions.
In January 2009, $600,000 was appropriated to Ohio Department of Job & Family Services; however, to date claim costs have exceeded these appropriations thereby necessitating additional appropriation authority to meet anticipated annual expenses. Total projected expense is $1,821,000 million, year to date $694,000 has been appropriated, and therefore an additional $1,127,000 is needed. The additional appropriation does not require additional cash funding. Cash funding is available in the total Employee Benefits Fund from all insurance subfunds.
FISCAL IMPACT: No fiscal impact; funding is available to increase the maximum obligation liability, and to authorize the expenditure of $1,127,000.00 for Ohio Department of Job & Family Services through December 31, 2009, and to provide additional appropriations for unemployment benefits. Funding is available for this modification in the Employee Benefits Fund. This ordinance is an emergency measure to ensure unemployment benefit payments in accordance with Federal Law.
To authorize the City Auditor to appropriate $1,127,000.00 from within the unappropriated balance of the Employee Benefits Fund and to authorize the expenditure of $1,127,000.00 from the Employee Benefits Fund, or so much thereof as may be necessary to pay the unemployment benefit charges to the Ohio Department of Job and Family Services; and to declare an emergency. ($1,127,000.00.)
Title
To authorize the City Auditor to appropriate $1,127,000.00 from within the unappropriated balance of the Empl...
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