HomeMy WebLinkAboutResolutions - 1974.06.20 - 15153June 20, 1974
Misc. Res. 6740
By: Finance Committee- Fred D. Houghten, Chairman
In Re: 1974 Budget Adjustments
To The Oakland County Board of Commissioners
Mr. Chairman, Ladies and Gentlemen:
WHEREAS, Workmens Compensation Insurance cost for 1974 exceeds the budgeted
amount by $90,000; and
WHEREAS, the Employee Hospitalization Insurance costs for 1974 exceed the budgeted amount
by $253,400, this being the result of a 20% rate increase; and
WHEREAS, Congress increased the Social Security taxable wage base to $13,200,
rather than the $12,600 anticipated in the 1974 budget requiring an additicn al $120,500; and
WHEREAS, the anticipated 1974 budgeted receipt of State Reimbursement-Circuit Court
Probation will not be forthcoming; and
WHEREAS, generally accepted budgetary custom and procedures require an amendment
to the 1974 Budget; and
WHEREAS, your Committee finds it wise and prudent fiscal management to initiate such
amendment.
NOW THEREFORE BE IT RESOLVED that the 1974 Oakland County Budget be amended
as follows:
Present Additional Amended
1974 Budget Line Item Appropriation Appropriation Appropriation
Workmen's Compensation Ins. 300,000 90,000 390,000
Employees Hospitalization Ins. 1,346,600 253,400 1,600,000
Employees Social Security Cont. 1,379,500 120,500 1,500,000
State Reimbursement-Cir. Ct. Prob. (100,000) 100,000 -0-
2,926,100 563,900 3,490,000
BE IT FURTHER RESOLVED that the funds necessary for this re-appropriation be derived
from the General Fund Unappropriated Surplus Account.
The Finance Committee, by Fred D. Houghten,Chairman, moves the adoption of the
foregoing resolution.
FINANCE COMMITTEE
Fred D. Houghten, Chairman
#6740 June 20,- 1474
Moved by Houghten, supported by Perinoff the resolution be adopted.
AYES: Burley, Button, Dearborn, Douglas, Dun/eavy, Gabler, Hobart, Hoot,
Houghten, Kasper, Matherw, Moffitt, Montante, Nowak, Patnales, Perinoff,
Pernick, Quinn, Wilcox, Berman, Brotherton, (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 copyof
...,....W.e11an,opy .R9nlyq912 .#6740 .41(nced .b3:.the .Board .of .Commissioners
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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
this .....day 74 fay aq:IM•dia n aa ••• l•••+q Ba ea
Lynn D. Allen Clerk
By.......... addaapaaap.00 ...... ....Deputy Clerk