Explanation
BACKGROUND: To maintain unemployment benefit payments in accordance with Federal Law, appropriation is necessary for the unemployment compensation program. To determine the amount necessary for the appropriation, current utilization and anticipated claims were analyzed.
Emergency action is requested to ensure the unemployment compensation program is able to commence as soon as possible, thereby maintaining continuity of compliance and service.
FISCAL IMPACT: In 2023, January through September charges were $238,828.52. A total of $325,000.00 is projected to be needed for 2024. Sufficient funds are available in the Employee Benefits Fund 5502 for this expense. This ordinance is contingent on the passage of the 2024 operating budget ordinances 3011-2023, 3012-2023, and 3013-2023.
Appropriation is being made to the following program:
Employee Unemployment Compensation Program: $325,000.00
Title
To make appropriations from January 1, 2024 through December 31, 2024 for the funding of the Unemployment Compensation Program; to authorize the expenditure of $325,000.00 or so much thereof as may be necessary; and to declare an emergency. ($325,000.00)
Body
WHEREAS, it is necessary to authorize the expenditure of $325,000.00, or so much therefore as may be necessary, to pay costs for the unemployment compensation program; and
WHEREAS, an emergency exists in the usual daily operations of the Department of Human Resources in that it is immediately necessary to appropriate funds to ensure the unemployment compensation program is able to commence as soon as possible, thereby maintaining continuity of compliance and service;
Now, Therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That from the monies in and from all monies estimated to come into the Employee Benefits Fund 5502, from any and all sources from January 1, 2024 through December 31, 2024, the following appropriation is hereby authorized and directed...
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