Item #03 Approval for Additional Funding for Health Insurance t I
ocoee
florida
AGENDA ITEM COVER SHEET
Meeting Date: April 18, 2017
Item # ,3
Gene Williford Reviewed By:
Contact Name: Robert Briggs Department Director: a.eD
Contact Number: 1032, 1518 City Manager: Robert Franl>r//�
Subject: Additional Funding for Health Insurance
Background Summary:
In November 2007, the City of Ocoee began a self-insurance plan for health care coverage to its employees
and dependents. In April 2008, the City opened its own health care clinic to contain medical costs and provide
efficient medical services to the City's employees and their families
Issue:
On March 30, 2017 The Commission approved the emergency transfer of funds to our Health Insurance Fund.
At that time staff was directed to return April 18 with the allocation of funding sources for the transfer.
Specifically, staff was directed to assure the allocation was to all City operating funds based on recommended
insurance practices.
Recommendations:
Staff recommends City Commission approve the proposed funding per the attached spreadsheet for Health
Insurance Reserves. Enterprise funds are funding their proportionate share as stated above.
Attachments:
Spreadsheet of proposed funding sources
Financial Impact
Approval of this action will allocate funding to the State required level of the City's Health Fund surplus. This is
a budget-neutral item that utilizes both projected savings and minor project deferrals.
Type of Item: (please math with an '50
Public Hearing For Clerk's Dept Use:
Ordinance First Reading Consent Agenda
Ordinance Second Reading Public Hearing
Resolution Regular Agenda
X Commission Approval
Discussion&Direction
Original Document/Contract Attached for Execution by City Clerk
Original Document/Contract Held by Department for Execution
Reviewed by City Attorney _ N/A
Reviewed by Finance Dept. N/A
Reviewed by 0 N/A
2
CITY OF OCOEE FLORIDA
FINANCE DEPARTMENT
SUMMARY OF FUNDS TO BE TRANSFERREDTO HEALTH CARE RESERVES
AS APPROVED BY CITY COMMISSION MARCH 30, 2017
Funding Needed $ 200,000
Account Number Department Description
001-515-00-1100 Planning Salaries $ 35,000
001-521-00-1200 Police Salaries 69,059
001-541-10-6300 Streets Paving Improvements 20,000
001-541-10-6302 Streets Capital Improvements 15,000
001-572-10-6400 Parks Capital Equipment 10,200
001-572-00-6204 Recreation Parks Improvements 15,000
103-538-20-3400 Stormwater Contractual Services 4,928
401-546-00-1200 Water and Sewer/Engineering Salaries 21,686
402-534-10-5200 Solid Waste/Residential POL Supplies 9,127
$ 200,000
H:\RB Documents\My Documents\Budget\FY 2017\Healthcare Reserves Transfer CAPITAL ONLY 3 30 2017Final Transfer Numbers