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March 19, 2012 (Regular Meeting)
<br />OLD BUSINESS
<br />None.
<br />(F) CONSENT AGENDA
<br />Page 992
<br />(F -1) County Manager - Increase Funding to Selma- Insured Health Insurance
<br />Fund - $2,339,860.00
<br />Information on the rising cost of health care was presented to the
<br />Board at its retreat in January, including proposed changes to the health
<br />insurance plan for FY 12 -13. Since then, additional information on claim
<br />activity was received and evaluated for its affect on the FY 11 -12 budget. A
<br />$2 million contribution from the General Fund is needed to cover the claims
<br />expense in the Self - Insured Fund as the County has experienced high claim
<br />activity this year. The following budget amendment appropriates fund balance
<br />to cover this expense. These monies were earmarked for this purpose at year
<br />end. An illustration on the effect to the Self - Insured Fund if the
<br />contribution is not made is also included as supplemental information.
<br />UPON MOTION of Commissioner Measmer, seconded by Vice Chairman Burrage
<br />and unanimously carried, the Board adopted the following budget amendments:
<br />Date:3 /19/2012 Amount:$2,339,860
<br />Dept. Head:Pamela S. Dubois Department:Self Insured Health Insurance Fund
<br />❑ Internal Transfer Within Department ❑ Transfer Between Departments /Funds Q Supplemental Request
<br />Purpose: To transfer funds from the General Fund to cover shortfall due to High Insurance Claims
<br />for FY2012 as discussed durina the Boards Retreat in Januarv.
<br />Account Number
<br />Account Name
<br />Approved Budget
<br />Inc Amount
<br />Dec Amount
<br />Revised Budget
<br />61061917 -6240
<br />EERP
<br />$0.00
<br />$96,066.00
<br />$96,066.00
<br />61061917 -6661
<br />Insurance Premiums
<br />$7,356,500.00
<br />$243,500.00
<br />$7,600,000.00
<br />61061917 -6804
<br />Ins Refund
<br />$0.00
<br />$294.00
<br />$294.00
<br />61061917 -6902
<br />Cont from General Fund
<br />$0.00
<br />$2,000,000.00
<br />$2,000,000.00
<br />61091917 -9360
<br />Medical Supplies
<br />$48,000.00
<br />$3,000.00
<br />$45,000.00
<br />61091917 -9420
<br />Cell
<br />$1,000.00
<br />$1,000.00
<br />$0.00
<br />61091917 -9445
<br />Purchased Services
<br />$7,500.00
<br />$7,350.00
<br />$150.00
<br />61091917 -9485
<br />Admin Fees
<br />$1,085,000.00
<br />$55,000.00
<br />$1,140,000.00
<br />61091917 -9570
<br />Service Contracts
<br />$185,000.00
<br />$299,000.00
<br />$484,000.00
<br />61091917 -9645
<br />Self- Insured Claims
<br />I $6,000,000.00
<br />$1,997,210.00
<br />$7,997,210.00
<br />:3/19/2012 Amount:$2,000,000
<br />Dept. Head:Pamela S. Dubois Department:General Fund
<br />❑ Internal Transfer Within Department ❑ Transfer Between Departments /Funds Q Supplemental Request
<br />Purpose: To transfer funds from the General Fund to cover shortfall due to High Insurance Claims
<br />for FY2012 as discussed during the Boards Retreat in Januarv.
<br />Account Number
<br />Account Name
<br />Approved Budget
<br />Inc Amount
<br />Dec Amount
<br />Revised Budget
<br />00161710 -6901
<br />Fund Balance Appro.
<br />$12,901,401.00
<br />$2,000,000.00
<br />$14,901,401.00
<br />00191960 -9734
<br />Cont to Internal Svc
<br />$0.00
<br />$2,000,000.00
<br />$2,000,000.00
<br />(F -2) County Manager - Water Line Easement of Arena Property
<br />The City of Concord has requested an easement across a portion of the
<br />Arena property along the frontage with NC 49. This easement is necessary as
<br />part of the construction of the Concord /Kannapolis water line connecting to
<br />Albemarle. They have agreed to include a note on the plans that the County
<br />is to be notified of the planned construction schedule to ensure that there
<br />is no disruption to activities at the Arena or Fairground.
<br />PIN No. 5650 -20 -5316
<br />This area is intentionally left blank.
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