City of Jonesboro - File #: ORD-10:040

• File #: ORD-10:040
• Version: 2
• Name: Amend 2010 budget to cover unemployment insurance
• Type: Ordinance
• Status: Passed
• File created: 5/5/2010
• In control: Finance & Administration Council Committee
• Final action: 5/18/2010
• Title: AN ORDINANCE TO AMEND THE 2010 BUDGET OF THE CITY OF JONESBORO, ARKANSAS TO PROVIDE FOR ADDITIONAL COSTS OF UNEMPLOYMENT INSURANCE
• Sponsors: Finance
• Indexes: Budget amendment, Employee benefits
• Related files: ORD-09:113

Date	Ver.	Action By	Action	Result
5/18/2010	2	City Council	Passed	Pass
5/11/2010	2	Finance & Administration Council Committee	Recommended to Council	Pass

Title

AN ORDINANCE TO AMEND THE 2010 BUDGET OF THE CITY OF JONESBORO, ARKANSAS TO PROVIDE FOR ADDITIONAL COSTS OF UNEMPLOYMENT INSURANCE

Body

WHEREAS, the City of Jonesboro, Arkansas, as a proper employer does maintain unemployment insurance for the benefit of those who have been employed; and,

WHEREAS, the City participates in a plan of insurance that assesses premiums based on experience; and,

WHEREAS, the City received a premium billing in 2010 that exceeds the budgeted amounts for this expenditure in the amount of $94,123.57; now therefore,

BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS THAT:

SECTION 1: The 2010 Budget of the City of Jonesboro, Arkansas be amended, and budgeted expenditures for unemployment insurance of each department be increased according to schedules maintained by the Finance Department, said increases totaling $94,123.57.

SECTION 2: It being necessary that the finances of the City of Jonesboro, Arkansas be efficiently administered and accounted for, and whereas this ordinance is necessary for the proper execution of contractual obligations, an emergency is declared to exist and this ordinance shall be in full force and effect from and after its passage and approval.

PASSED AND ADOPTED this 18^th day of May, 2010.