HomeMy WebLinkAboutCC-12-16-24-02 CPD to Health Insurance Medical Escrow Transfer
SPONSOR(S): Councilor Green
This Resolution was prepared by Sergey Grechukhin, on 11/19/2024 at 2:00 a.m. No subsequent revision to this Resolution
has been reviewed by Mr. Grechukhin for legal sufficiency or otherwise.
RESOLUTION CC 12-16-24-02
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA,
APPROVING A TRANSFER OF FUNDS BETWEEN THE 2024 CARMEL POLICE
DEPARTMENT BUDGET (DEPARTMENT #1110) AND THE 2024 HEALTH INSURANCE
MEDICAL ESCROW FUND (FUND #301)
Synopsis: Transfers $1,000,000.00 from the 2024 Carmel Police Department budget into
the 2024 Health Insurance Medical Escrow Fund.
WHEREAS, the sum of One Million Dollars ($1,000,000.00) is needed to cover unfunded costs
paid for by the Health Insurance Medical Escrow Fund; and
WHEREAS, the 2024 Carmel Police Department budget has excess funds in the amount of One
Million Dollars ($1,000,000.00) in the following line items:
Carmel Police Budget (1110): Line Item 4110000 – Full Time Regular - $1,000,000.00
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Carmel, Indiana,
that the CFO/Controller is authorized to transfer funds from the 2024 Carmel Police Department (#1110)
as follows:
FROM
Carmel Police Budget (1110): Line Item 4110000 – Full Time Regular - $1,000,000.00
INTO
Health Insurance Medical Escrow Fund (301): Line Item 5023990 – Other Expenses - $1,000,000.00
The source of revenue above is General Fund (#101).
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Resolution 12-16-24-02
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Docusign Envelope ID: 337E1795-1D91-4960-99FA-D408E1DFED08
SPONSOR(S): Councilor Green
This Resolution was prepared by Sergey Grechukhin, on 11/19/2024 at 2:00 a.m. No subsequent revision to this Resolution
has been reviewed by Mr. Grechukhin for legal sufficiency or otherwise.
SO RESOLVED, by the Common Council of the City of Carmel, Indiana, this day of
, 2024, by a vote of ayes and nays.
COMMON COUNCIL FOR THE CITY OF CARMEL
Anthony Green, President Adam Aasen, Vice-President
Rich Taylor Matthew Snyder
Jeff Worrell Teresa Ayers
Shannon Minnaar Ryan Locke
Anita Joshi
ATTEST:
______________________________
Jacob Quinn, Clerk
Presented by me to the Mayor of the City of Carmel, Indiana this _______ day of
__________________, 2024, at ________ ___.M.
___________________________
Jacob Quinn, Clerk
Approved by me, Mayor of the City of Carmel, Indiana this _______ day of
__________________, 2024, at ________ ___.M.
___________________________
Sue Finkam, Mayor
ATTEST:
Jacob Quinn, Clerk
Resolution CC 12-16-24-02
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Docusign Envelope ID: 337E1795-1D91-4960-99FA-D408E1DFED08
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