COCOA COMMUNITY REDEVELOPMENT AGENCY AGENDA ITEM
Memo Date: April 18, 2024
Agenda Date: May 6, 2024
Prepared By: Ryan Browne, Redevelopment Coordinator
Through: Charlene Neuterman, Community Services Director
Requested Action:
title
Request Agency approval of a Resolution Amending the FY 2024 Budget, BAF# 24-083-T, in the amount of $100, to rebalance the payroll benefit account for Long-Term Disability to ensure it has adequate funding to the end of the fiscal year.End
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BACKGROUND:
Periodic adjustments are needed to re-balance payroll benefit accounts, because estimates have aged and recalculations reveal discrepancies which must be balanced to stay within budget norms.
This is such an adjustment for the Long-Term Disability account.
BUDGETARY IMPACT:
Budgeted No
If not budgeted, is amendment/transfer attached? Yes
Amount Requested $100.00
Account Number 110-3230-559.23-09
Account Name Long-Term Disability
Source of Funds: __x__ Transfer Acct #: 110-3230-559.12-00
Regular Salaries & Wages
PREVIOUS ACTION:
N/A.
RECOMMENDED MOTION:
Recommendation
Request Agency approval of a Resolution Amending the FY 2024 Budget, BAF# 24-083-T, in the amount of $100, to rebalance the payroll benefit account for Long-Term Disability to ensure it has adequate funding to the end of the fiscal year.