277701 WFIITE - CITY CLERK ���yyy,,, yyy���
PINK - FINANCE ����
CANARY - DEPARTMENT G I T Y O F S A I N T PA U L .Council ��
BLUE - MAYOR
File N 0.
C uncil Resolution
Presented By �
Referred To Committee: Date
Out of Committee By Date
WHEREAS, The Mayor pursuant to Section 10.07 of the Charter of the City of Saint Paul does
certify there is available for appropriation total revenue in excess of those estimated
in the 1981 budget; and
WHEREAS, the Mayor recommends that the following additions be ma.de to the 1981 budget:
Financing Summary
General Revenue Fund
Fund Balances - Undesignated - Dedicated
Retiree Insurance $54,584,00
T�es
Gross Earnings Franchise Fee 70,404,Op
$124,988.0
Appropriation Summary
General Revenue Fund
General Government Accounts
Retiree Insurance - premiums
09002-431-000 $124,988,Op
THEREFORE, BE IT RESOLVED that the Council accepts these recommendations and a opts t ese
additi s to the 81 budget.
Appr as to f ng: Approved:
_ _� �
Director, Depart t of in ce Budget i tor
C'e�m 9/�y�8� J�3ol�/
COUNCILMEN Requestgd by Department of:
Yeas Nays /
Hunt ,�,)
Levine [n Favor
�a�..
McMahon
Showalter -�-- Against BY
Tedesco
Wilwn
Adopted by Council: Date NOV 17 1981 Form Approved by it Attor y
Certified Y• s5e y Council Se � etary BY
Ap d by :Vtayor: D V 2 � ���' Appr ed by Mayor for u is ion to Council
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B - —
PUBLISHED NOV 2 g 1981
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��\�t`�.��� . �Da t e : Novemb�r 12, 1981
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. . . �� a� � C O Tl��3��� �R ,FINANCE,. MANAGEMETIT:ANI} PERSONNEL . .• • - •- '
� .George -McMahon ; choirman, ma�ces �the fal to�{•�ing � � � . � _-
. � report on �C.F. -. u �rdinac�ce . � . .
_ . _ . . . . . (9) [x� Resotu�ion � .- -
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' At its meeting of November 12, 1981, the Finance Committee recommended approval of
�the following: � . • _.. - . _ � _
11. Resolution approving budget amendment for f�znding retiree insu'rance oblic�ations.
(12368-GM) - • - -
12. Resolution approving budget amendment to fully fund employee. insurance obligations.
� (12369-GM) . � . - : . . . _
13. Resolution'est�bli,shing title and cl�ass speci:fication for Pipefitter-Coritrols. �
Specialist. (12358-McM) � .. . " � . . �
14. Resolution establishing rate of pay�for title of Pipefitter-Control.s Specialist. � '
'(12359-McM) - � ' . .
15. Resolution removing classification of Office Supervisor-Code'-Enforcement out a� -
Grade 2.8,. Clerical Group, and placing it in Grade 3 of Professional-Adminis�rative
� Supervisors Group. (12386-GM) _ _
16. Resolution changing existing Memorandum by adding language which grants full ,
' payment of October 1981 insurance premiums for Unclassified'Employees holding -
title of Assistant Fire Chief. (12388-GM)
17. Resolution changing grade of Legislative ancl Research Assistant to the Couneil
from Grade 22 to Grade 24. (12166-McM)
18. Resolution amend�ng 1981 budget to, provide funds for Utility Rate Investigation..
19. Resolution to fund interest expense for Water Pollution Abatement and 'CIB Bbnds. �-
�'tTl' i�L1LL SE�'E;�'TH F!OO;L S 3I�T Pe�1T.Ft., AI t1�ESOTi1 S�I L'
. :•s �•'-�_ ' ' __ _._--- -
' OM Ol : 12/1975
' Rev. : 9/8/ 6 .
� Rev. : 5/7/ �
EXPLANATION OF ADMINISTRATIVE ORDERS, F.ev. : 4/30 8�
RESOLUTIONS AND ORDINANCES � ��P� ���_��g
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Date: October 15 , 1981
TO: �ayor Latimer
FROM: Ron K1ine
�� Budget Amendment to tully f�nd Retiree Insurance obligations
ACTION REQUESTEDe .
I request your approval on the attached resolution for sub-
mission to City Council.
PURPOSE AND RATIONALE FOR THIS ACTION:
The adopted 1981 appropriation for retiree insurance included
a provision that wou].d allow for a 10$ increase in premiums
over the 1980 level. Unfortunately, the premiums rose at a
much greater pace ranging from l0� to 39$ . Also, new bids,
which will be in effect October l, have been received from the
providers of insurance, which again contain significant `in-
creases. The attached analysis isolates the costs of those
increases and pinpoints the expected deficit.
FI'�TANCIAL IPIPACT:
This amendment will provide the much needed additional appro-
priation to the retiree insurance account. A portion of the
financing of this request is derived from a fund balance
specifically dedicated to retiree insurance needs. The balance
of the financing is provided by the projected excess of Gross
Earnings Franchise Fee collections over budget estimates.
ATTACHMENTS:
Analysis of retiree insurance needs.
� ������
1981
Estimate of Needs '
Retiree Insurance - 09002
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Actual costs to date $ 443,541.57
Projected costs to year end
Minnesota Mutual 5 months at $31,100 155,500.00
Blue Cross 5 months at $32,000 160,000.00
Group Health 5 months at $1,050 5,250.00
H.M.O. 5 months at $68 340.00
Subtotal 764,631.57
Added costs due to rate increase 35,255.92
(Oct. , Nov.)
Total costs 799,887.49
Expenditure credits 157,000.00
Net costs 642,887.49
Budget Appropriation 517,900.00
Deficit $(124,987.49)
Budgeted costs per month
appropriations + 43,159
expenditure credits + 13,083
Actual costs per mo. - 63,719
Shortage per month - 7,477
Shortage per month 7,477
12 months $7,477 x 12 89,724
+ added costs (Oct. , Nov.) 35,256
need: $124,980