HomeMy WebLinkAbout2010-11-08-Meeting Agendawww.augustaga.gov
Finance Committee Meeting Commission Chamber- 11/8/2010- 1:20 PM
FINANCE
1. Appove documentation for Solid Waste Authority and SPLOST VI Series
II bond issues.
Attachments
2. Approve the transfer of funds to cover Worker's Compensation claims
expenses through the end of 2010.
Attachments
3. Consider a request from Ms. Yvonne L. Alford for a refund of property
taxes on her home located at 2608 Wheeler Road.
Attachments
Finance Committee Meeting
11/8/2010 1:20 PM
Appove Bond Resolutions - Solid Waste Authority and SPLOST VI Series II
Department:Finance - Donna B Williams, CGFM, Director
Caption:Appove documentation for Solid Waste Authority and SPLOST VI Series II
bond issues.
Background:
Analysis:
Financial Impact:
Alternatives:
Recommendation:approve bond resolutions
Funds are Available in
the Following
Accounts:
REVIEWED AND APPROVED BY:
Finance.
Law.
Administrator.
Clerk of Commission
Cover Memo
Finance Committee Meeting
11/8/2010 1:20 PM
Workers' Compensation Claims Fund
Department:Finance/Risk Management Division
Caption:Approve the transfer of funds to cover Worker's Compensation claims
expenses through the end of 2010.
Background:Over the past several years attempts have been made to avoid requesting an
increase in the worker's compensation claims budget. All available
resources for reducing cost have been in place, i.e. bill review, use of
generic drugs, returning employees to modified duty, etc. With the cost of
medical expenses on the rise, the September payment for claims
has depleted the claims budget for 2010. While the number of claims has
declined, the average cost per claim has risen. Figures from the claims
database show through 10/15 of each year there has been a slight decrease in
the total number of claims reported, 286 for 2010 and 296 for 2009;
medical claims 231 in 2010 and 241 in 2009; lost time claims 35 in 2010
and 52 in 2009.
Analysis:
Financial Impact:Estimated amount of funding necessary to finish out 2010 calander year is
$275,000.
Alternatives:No alternative, mandated program, claims must be paid.
Recommendation:Approve requested transfer of funds in order to pay worker's compensation
claims for the remainder of 2010.
Funds are Available in
the Following
Accounts:
In order of use: 621-01-5231 WC Adm $ 80,000 621-01-5233 WC Excess $
10,000 611-01-5210 RMgt Adm Prof Services $ 23,000 621000000
1336110 Fund Balance $162,000
REVIEWED AND APPROVED BY:
Finance.
Law.
Administrator.
Clerk of Commission Cover Memo
Finance Committee Meeting
11/8/2010 1:20 PM
Yvonne Alford
Department:Clerk of Commission
Caption:Consider a request from Ms. Yvonne L. Alford for a refund of property
taxes on her home located at 2608 Wheeler Road.
Background:
Analysis:
Financial Impact:
Alternatives:
Recommendation:
Funds are Available in
the Following
Accounts:
REVIEWED AND APPROVED BY:
Clerk of Commission
Cover Memo
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