Board of Commissioners
1/23/2019 4:41:37 PM
3/25/2014 11:57:21 AM
Combining Fund 503 JC Unemployment Reserve and Fund 504 Industrial Insurance Reserve into Fund 505 Employee Benefit Reserve
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
All rights reserved.
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View plain text
W <br />STATE OF WASHINGTON <br />County of Jefferson <br />In the Matter of combining County } <br />Fund 503 - JC Unemployment Reserve } <br />and Fund 504 - Industrial Insurance Reserve } RESOLUTION NO. 11 -14 <br />into Fund 505- Employee Benefit Reserve } <br />WHEREAS, the County has three funds for managing employer paid contributions <br />for unemployment, labor and Industry administration, retirement and post- retirement costs; <br />and <br />WHEREAS, in order to streamline the accounting for these benefit costs, the <br />County would like to combine the three funds into fund 505, titled Employee Benefit <br />Reserve; this fund will receive the employer paid contributions for unemployment and <br />retirement and pay out costs related to certain employee benefits; <br />NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners <br />that it is in the best interest of Jefferson County that funds Fund 503, 504 be combined <br />with Fund 505, the Employee Benefit Reserve Fund; and <br />BE IT FURTHER RESOLVED, that this resolution will repeal and replace all <br />previous resolutions for these funds including budget resolution 124 -89 for fund 503, <br />resolution 32 -92 for fund 504, resolutions 94 -93, 15 -95 and 118 -97 for fund 505; and <br />BE IT FURTHER RESOLVED, that the employer contribution rate to the Employee <br />Benefit Reserve, will continue to be set each year during the budget process; and <br />BE IT FINALLY RESOLVED, that the fund balances will be transferred from fund <br />503 and 504 into fund 505 as approved in the 2014 Budget; and the County Auditor is <br />hereby authorized to disburse funds from Fund 505 for unemployment, labor and Industry <br />administration, Employee Assistance Program (EAP) costs, retirement or post - employment <br />costs including sick and vacation payouts totaling $1,000 or more, post- retirement costs, <br />and other uses as approved by the Board of County Commissioners. <br />AIWPR ©V�QAI� ADOPTED this 24th day of March, 2014. <br />.r-.t , r , <br />JP COUNTY <br />SE B ISSIONERS <br />` °oy ; L^ ;! Jhair ATTEST Phil Joh on" , em er <br />C� <br />Carolyn Avery, <br />Deputy Clerk of the Board D u , e r <br />
The URL can be used to link to this page
Your browser does not support the video tag.