 |
AGENDA ITEM REVIEW FORM |
AIR- 3804
6.A.
Regular City Council Meeting
- Meeting Date:
- 10/27/2021
- Department Head:
- Monica Castro
- Submitted By:
- Monica Castro, Director of Finance, Finance Department
Action Requested:
Motion
ITEM:
Discussion and possible action on any and all matters regarding the approval and authorization of the transfer of funds from the General Non-Departmental and HURF contractual services account to Risk Management Cancer Fund Expense account. (Monica Castro, Director of Finance)
SUMMARY:
As an element of the State budget process this year, the annual assessment to support the operations of the Department of Revenue (ADOR) was repealed. Additionally, the legislature established the Municipal Firefighters Cancer Reimbursement Fund (MFCR). The elimination of the ADOR fees provides a budget to cover the new MFCR assessment.
The purpose of this fund Industrial Commission of Arizona (ICA) is to reimburse municipalities for workers' compensation paid to firefighters or fire investigators for a disease caused by outlined cancers and presumed to arise out of employment.
Beginning this year and going forward indefinitely, the MFCR assessment will be billed by the ICA.
The purpose of this fund Industrial Commission of Arizona (ICA) is to reimburse municipalities for workers' compensation paid to firefighters or fire investigators for a disease caused by outlined cancers and presumed to arise out of employment.
Beginning this year and going forward indefinitely, the MFCR assessment will be billed by the ICA.
Failure to pay the assessment before the due date will result in the ICA instructing the Treasurer's office to withhold State shared TPT and Share (income tax) until the assessment is paid in full.
RECOMMENDATION / SUGGESTED MOTION:
I MOVE TO APPROVE AND AUTHORIZE CITY OFFICIALS TO EXECUTE THE TRANSFER OF FUNDS AS STATED ON THE FISCAL IMPACT OF THIS AGENDA ITEM TO COVER THE INVOICE FROM THE INDUSTRIAL COMMISSION OF ARIZONA AS PRESENTED.
Fiscal Impact
- IS THERE FISCAL IMPACT ASSOCIATED WITH THIS ITEM:
- YES
- CITY/STATE/FEDERAL FUNDS:
- YES
- TOTAL:
- $90,076.56
- BUDGETED AMOUNT:
- NO
- AVAILABLE AMOUNT TO TRANSFER:
- YES
- ACCT NAME & GL#/REMAINING BALANCE BEFORE PURCHASE:
- 100-999-80000 $77,180.68 ,200-210-80000 $63,515.66
FISCAL IMPACT STATEMENT (IF THIS IS A BUDGET TRANSFER, YOU MUST ATTACH THE BUDGET ADJUSTMENT FORM):
We are requesting council approval to transfer budget allocated for the ADOR fees in HURF and Non-Departmental to Risk Management to cover for the new Cancer fund fees as follows:
FROM:
FROM:
- 100-999-80000 GF Non-Departmental Contractual Services the amount of $68,300.00
- 200-210-80000 HURF Contractual Services the amount of $21,800.00
- 100-740-80011 Cancer Fund $90,100.00