Discussion and possible action to approve the following budget amendment (Line Item Transfer) from Account #1001-3010-001-470000 in the amount of $86,553.33 to cover any short falls in funds to accounts 3010, 3050, 4070, which includes; Payroll cost, FICA, Retirement County Share, Unemployment Taxes, and Worker Compensation; and any other matters incident thereto:
Acct. Number
Acct. Name
Amount
Bal.
End Bal.
From:
1001-3010-001-470000
Capital Outlay
$86,553.32
$320,000.00
$233,446.68
To:
1001-3010-001-410000
Payroll
$12,309.28
$3,852,913.53
$3,865,222.81
1001-3010-001-422000
FICA
$941.66
$334,738.93
$335,680.59
1001-3010-001-423000
Retirement
$1,448.80
$514,711.82
$516,160.62
1001-3010-001-425000
Unemployment
$93.55
$32,870.86
$32,964.41
1001-3010-001-426000
Worker's Comp.
$215.41
$76,685.01
$76,900.42
1001-3050-001-410000
Payroll
$6,926.40
$282,343.83
$289,270.23
1001-3050-001-422000
FICA
$529.87
$22,440.95
$22,970.82
1001-3050-001-423000
Retirement
$815.24
$34,452.99
$35,268.23
1001-3050-001-425000
Unemployment
$52.64
$2,197.62
$2,250.26
1001-3050-001-426000
Worker's Comp.
$121.21
$5,137.87
$5,259.08
1001-3050-001-426000
Payroll
$51,750.40
$7,956,792.81
$8,008,543.21
1001-4070-001-422000
FICA
$3,958.91
$711,532.21
$715,491.12
1001-4070-001-423000
Retirement
$6,091.02
$73,346.66
$79,437.68
1001-4070-001-425000
Unemployment
$393.30
$5,534.41
$5,927.71
1001-4070-001-426000
Worker's Comp.
$905.63
$10,480.08
$11,385.71
Total
$86,553.32
Issue: Certain officers require adjustments in their salaries and associated fringe benefits as per the contractual stipulations in the collective bargaining agreement (CBA).
Solution: Identify and secure additional funding in order to be in compliance with contractual stipulations in the collective bargaining agreement (CBA).
Result: Officers who have reached the necessary milestones in their seniority will be paid accordingly. Webb County will be in compliance with CBA contract stipulations.
Fiscal Impact
Budget Account Number:
Various
Funding Source:
Various
Balance:
Various
Financial Impact:
$86,553.32 line item transfer is needed to be in compliance with Collective Bargaining Agreement (CBA) stipulations.