Minutes 06/22/2010 - Laserfiche WebLink

Home Browse Search

June 22.2010 Financial Impact: . There will be no impact to the General Fund. The appropriated OPEB Fund transfer will be reduced by $1.5M and the Health Insurance Fund balance will be reduced by $1.4M, and the expenditure category - Health Insurance Claims - will increase by $2.9M. Staff Recommends: . Council's adoption of this ordinance. Adoption of ordinance. Vision Principles: Bold New Directions and a Robust and Prospering Economy. Next Steps Following Council Action: . Finance will record and account for the appropriations in accordance with City Council action. Motion by Mr. Whitehurst, and seconded by Ms. Psimas, to adopt the following ordinance, and was adopted by the following vote: "ORDINANCE APPROPRIATING $1.4 MILLION IN THE FY 2009-2010 HEALTH INSURANCE FUND FROM THE UNAPPROPRIATED HEALTH INSURANCE FUND BALANCE AND AUTHORIZING A TRANSFER OF $1.5 MILLION FROM THE OTHER POST EMPLOYMENT BENEFITS CATEGORY TO THE HEALTH INSURANCE CLAIMS CATEGORY WITHIN THE FY 2009-2010 HEALTH INSURANCE FUND TO ADDRESS A POTENTIAL SHORTFALL FOR THE CURRENT FISCAL YEAR." Ayes: Heretick, Moody, Psi mas, Randall, Smith, Whitehurst, Holley Nays: None 10 - 311 - Adoption of an ordinance appropriating in the FY 2010-2011 General Fund the sum of $382,320 in additional revenue received from the Commonwealth of Virginia for salaries for employees of the Clerk of the Circuit Court and of the Commonwealth's Attorney. Vision Principle: A Robust and Prospering Economy. Background: . In September 2009 Governor Kaine announced reductions of State Aid for FY10, essentially creating a mid-year reduction of funding that affected Constitutional Officers' budgets. . As a result the Clerk of Circuit Court and the Commonwealth Attorney volunteered to delete positions in order to satisfy the State mandated reductions. The Clerk of Circuit Court nor the Commonwealth's Attorney had or have City-only funded positions. . Included in Council's FY11 adopted budget are the State Aid reductions that were anticipated as a result of General Assembly budget deliberations and the then most currently available information regarding Portsmouth's share of Compensation Board (Comp Board) funding. . The City's local share of funding for FY11 was proposed and adopted at a level sufficient to offset approximately 50% of the anticipated Comp Board reductions. . Subsequently the City received the Approved Comp Board budgets wherein funding (salaries and fringe-benefit costs) for four and one-half positions for the Clerk of Circuit Court and four positions for the Commonwealth Attorney has been restored and the funding needs to be appropriated by City Council. . The Commissioner, Treasurer, and Sheriff's Office all received notices that several Comp Board funded positions have been eliminated effective July 1, 2010. Since the City's adopted FY11 budget provided for a local subsidy to Constitutional Officers, some of the positions eliminated by the Comp Board can be funded by local tax revenue. . However, City Council amended the proposed budget to reduce funding to the Sheriff's Department by $309,793, thus the restoration of Comp Board funding is not sufficient to offset the reduction of local funding to the Sheriff's FY11 budget.