HomeMy WebLinkAboutResolutions - 1978.10.10 - 12946MISCELLANEOUS RESOLUTION 8669
BY: FINANCE COMMITTEE, PAUL E. KASPER, CHAIRPERSON
IN RE: BUDGET AMENDMENT
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Mr. Chairperson, Ladies and Gentlemen:
WHEREAS the State of Michigan through a 24.67 rate increase and
a 22% modification factor increase will force the County's Workers
Compensation Insurance cost to increase to $942,765 up $265,765; and
WHEREAS the postal rate increase of 15% and substantial volume
increase will result in a $67,780 increase In postal costs; and
WHEREAS the Soldier's Relief Commission is in need of $500 to
continue providing Veteran's Relief; and
WHEREAS Countercyclical Funds in the amount of $69,696 need be
committed; and
WHEREAS the Land Transfer Tax Revenue is estimated to be $250,000
greater than originally anticipated because of volume increases; and
WHEREAS Use of Money revenue is estimated to exceed budget by
$100,000 because of interest rate increases.
NOW THEREFORE BE IT RESOLVED the 1978 Budget be amended as follows:
1) Increase estimated Countercyclical Revenue $69,696 and increase
appropriation for Worker's Compensation $69,696;
2) Increase Estimated Land Transfer Tax revenues $250,000; increase
Estimated Use of Money Revenue $100,000; increase appropriation
for Worker's Compensation $196,069; increase appropriation for
Veteran's Relief $500; increase appropriation for Contingent
$85,651; and increase appropriations for postage $67,780 in the
various departmental budgets consistent with the attached schedule.
FINANCE COMMITTEE /7
Paul Kaspgr Chairperson
#8669 October 10, 1978
Moved by Kasper supported by Fortino the resolution be adopted.
AYES: Moffitt, Page, Patterson, Perinoff, Pernick, Peterson, Price,
Simson, Wilcox, Aaron, Daly, DiGiovanni, Doyon, Fortino, Gabler, Gorsiine, Hoot,
Kasper, Kelly, Lanni, McConnell. (21)
NAYS: None. (0)
A sufficient majority having voted therefor, the resolution was adopted.
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I, Lynn D. Allen, Clerk of the County of Oakland and
having a seal, do hereby certify that I have compared the annexed copy of
Miscellaneous Resolution #8669 adopted by the Oakland County Board of
no on ea" non n • •vo 00 oon eeeeeee e eeee e o nee. at 00000 • 00000 ••••0[115 •••0 • • CO
Commissioners at their meeting held on October 10, 1978 ........ Ppd....toss me on on o••••0•OO. on• 0•0•••••••••• ea es• ••• O• • ••• Era •••
with the original record thereof now remaining in my
office, and that it is a true and correct transcript
therefrom, and of the whole thereof.
In Testimony Whereof, I have hereunto set my hand and
affixed the seal of said County at Pontiac, Michigan
10th October 78
Lynn D. ........ Clerk
BY................ .................Deputy Clerk