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10To: Thru: From: Date: SUbject: Background: CITY OF SOUTH MIAMI OFFICE OF THE HUMAN RESOURCES DIRECTOR INTER-OFFICE MEMORANDUM The Honorable Mayor & Members of the, ~,commission Hector Mirabile, PhD., City Manager ;J 1 LaTasha Nickle, Human Resources 6i:ector South Miami bed fOil} 2001 July 17,2012 Agenda Item No.:.---+--"" A Resolution relating to budget; authorizing a transfer of $6,300 from account No. 001-1330-513-4510 Liability Insurance to account No. 001-1330-513-2510 Unemployment Compensation. There are insufficient funds in the Unemployment Compensation account to cover the tax period for 06/30/2012 Transfer Amount: $6,300.00 Transfer From: Transfer To: Account No. 001-1330-513-4510 Liability Insurance with a current balance of $ 11,590.32 Account No. account No. 001-1330-513-2510 Unemployment Compensation a balance of $ .69 Backup Documentation: Account Balance Inquiries 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18, 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 RESOLUTION NO. _____ _ A Resolution authorizing the transfer of $6,300.00 from account number 001-1330-513-4510, Liability Insurance, to account number 001-1330-513-2510, Unemployment Compensation for $6,300.00. WHEREAS, there are funds budgeted for liability insurance in account 001- 1330-513-4510 which are no longer required for this purpose and there is a need for funds to the City's Unemployment Compensation liability; and WHEREAS, the Mayor and the City Commission desire to transfer sufficient funds from account 001-1330-513-4510, Liability Insurance with a current balance of $11,590.32 to account number 001-1330-513-2510, for $6,300.00, Unemployment Compensation, with a current balance of$.69. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA: Section 1. The Mayor and the City Commission approve the transfer of $6,300.00 from account number 001-1330-513-4510, Liability Insurance, to account number 001-1330-513-2510, Unemployment Compensation for $6,300.00. Section 2. This resolution shall take effect immediately upon adoption. PASSED AND ADOPTED this __ day of ____ , 2012. ATTEST: CITY CLERK READ AND APPROVED AS TO FORM LANGUAGE, EXECUTION AND LEGALITY: CITY ATTORNEY Approved: MAYOR Commission Vote: Mayor Stoddard: Vice Mayor Liebman: Commissioner Newman: Commissioner Harris: Commissioner Welsh: