224.2000
RESOLUTION INCREASING APPROPRIATIONS AND
APPROPRIATED FUND BALANCE IN VARIOUS
TOWN OPERATING FUNDS
RESOLUTION NO.: 224, 2000
INTRODUCED BY: Mr. James Martin
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Daniel Stec
WHEREAS, the Town of Queensbury has established a Risk Reserve Fund for unemployment
insurance reserves and expenditures and workers’ compensation reserves and expenditures, and
WHEREAS, by Resolution No.: 208.2000, the Queensbury Town Board authorized
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assumption of liability for the Town’s workers’ compensation claims predating January 1, 2000 from
the Warren County Self-Insurance Program (Warren County), and
WHEREAS, the Town Board wishes to fund this liability in the Risk Reserve Fund through
appropriations in associated operating funds by increasing appropriations in the associated Transfer to
Other Funds Account and increasing Appropriated Fund Balance,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes and directs the Town
Comptroller’s Office to increase appropriations in the Transfer to Other Funds Account and increase
the 1999 Appropriated Fund Balance by transferring liability amounts to the Risk Retention Fund in the
amounts of:
1)$34,857.40 – General Fund;
2)$160,423.94 – Highway Fund;
3)$2,498.00 – Quaker Road Sewer District; and
4)$4,013.66 – Queensbury Water
from the 1999 Appropriated Fund Balance to fund the workers’ compensation claims referred to in
this Resolution, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby authorizes and directs the Town Comptroller’s
Office to transfer funds, amend the 1999 Town Budget and take such other and further action
necessary to effectuate the terms and provisions of this Resolution.
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Duly adopted this 15day of May, 2000, by the following vote:
AYES: Mr. Martin, Mr. Turner, Mr. Stec, Mr. Brewer, Mr. Brower
NOES: None
ABSENT:None