Agenda Text
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Requesting the appropriation of $435,000 to the Workers Compensation Insurance Fund to pay Workers Compensation Claims in FY22.
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Official Text
To the Honorable City Council:
I respectfully request an appropriation of $435,000 to the Workers Compensation Insurance Fund for the purpose of paying Workers Compensation payments in FY2022.
My administration seeks the creation of a Workers Compensation Insurance Fund in FY2022 to provide a vehicle to pay Workers Compensation salaries, claims, medical/dental bills, and judgments and settlements.
Currently, all of these matters are paid from the General Fund
We seek approval to appropriate a total of $735,000 into the Workers Compensation Insurance Fund for FY2022. A total of $435,000 is to be appropriated from the Tax Levy and a total of $300,000 is to be appropriated from Free Cash.
The total appropriation of $735,000 supports the following budget for FY2022:
517001 ---Workers Compensation - $425,000
530001----Medical & Dental Services- $200,000
576000----Judgements/Settlements $110,000
My staff will be available to address any questions you may have. Thank you for your consideration of this item.
Respectfully Submitted,
Joseph A. Curtatone, Mayor