Executive Order JB-2006-1
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CITY OF CARMEL
EXECUTIVE ORDER
JB - 2006 - 1
WHEREAS, the City Medical Escrow Fund ("Fund"), as established by Ordinance D-I048
on February 21, 1994, currently has a balance in excess of$2:5 million; and
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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 employee 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, retroactive to November I, 2006:
GENERAL FUND
AMOUNT DECREASED
Police
Board of Public Works
Law
Community Services
Human Resources
Information Systems
General Administration
TOTAL
$ 289,988
$ 4,574
$ 5,441
$ 111,223
$ 10,914
$ 19,070
$ 8.270
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$ 449,480
MVHF FUND
AMOUNT DECREASED
Engineer
Street
TOTAL
$ 21,000
$ 134.000
$ 155.000
SO ORDERED THIS 2nd DAY OF OBVEMBER, 2006
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Janfes Brainard, Mayor
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ATTEST:
. asf! ey, City Attorney
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