Executive Order JB-2004-6CITY OF CARMEL
EXECUTIVE ORDER
JB-2004-6
WHEREAS, the City Medical Escrow Fund ("Fund"), as established by
Ordinance D-1048 on February 21, 1994, currently has a balance in excess of $1.5
million; and
WHEREAS, with all ineome sources taken into account, the Fund balance
exceeds what is necessary to pay all anticipated claims and administrative expenses for
the foreseeable future; and
WHEREAS, it is not in the best interest of the City or its employees to keep in the
Fund a reserve greater than what is reasonably required.
NOW, THEREFORE, I James Brainard, the duly elected Mayor of the City of
Carmel, Indiana, pursuant to Indiana Code Section 36-4-7-8, which authorizes me to
decrease the budget appropriations after the passage of the City's appropriation
ordinance, do hereby order and direct that,
(1) Executive Order JB-2004-5 is rescinded,
(2) the following funds within the Executive
decreased in Line Item 220, City's Share
amounts listed:
and
Departments indicated be
of Health Insurance, in the
GENERAL FUND
AMOUNT DECREASED
Police $ 303,000
Communications $ 28,100
Fire $ 161,079
Board of Public Works $ 5,250
Office of the Mayor $ 30,950
Law $ 8,100
Planning Commission $ 1,100
Community Services $ 32,300
Human Resources $ 22,250
Information Systems $ 17,400
General Administration $ 6,300
Total General Fund Decrease $ 615,829
SO ORDERED THIS 9th DAY OF DECEMBER, 2004
J ainard, Mayor
ATTEST:
Douglas Haney, City Attorne/~