Executive Order JB-2004-5CITY OF CARMEL
EXECUTIVE ORDER
JB-2004-5
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 income 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 the following funds within the Executive
Departments indicated be decreased in Line Item 220, City's Share of Health Insurance,
in the amounts listed:
GENERAL FUND
AMOUNT DECREASED
Police $ 303,000
Communications $ 28,100
$ 524,700
Fire
Board of Public Works $ 5,250
Office of the Mayor $ 30,950
$ 8,100
Law
Planning Commission $ 1,100
Community Services $ 32,300
Human Resources $ 22,250
Information Systems $ 17,400
General Administration $ 6,300
Total General Fund Decrease $ 979,250
SO ORDERED THIS 1st DAY OF NOVEMBER, 2004
~s Brainardd Mayor --~
ATTEST:
~'~'~-~ City Attor~y
Douglas Haney,