Staff presents three supplemental budgets per year to the Board. The purpose of the second supplemental budget is primarily to adjust the budgeted fund balance to correspond to the audited amounts.
FLEET SERVICES FUND (50100) - $103,622 - Budgeted fund balance is adjusted and the additional funds are appropriated to reserves.
RISK MANAGEMENT FUND (50015) - $2,583,690 - Budgeted fund balance is adjusted and the additional funds are appropriated to reserves.
BSO SELF INSURANCE FUND - (50020) - <$1,494,740> - Budgeted fund balance is reduced based on actuarial adjustments and reserves are reduced accordingly.
EMPLOYEE BENEFITS FUND - (50025) - $7,977,040 - Budgeted fund balance is adjusted and the additional funds are appropriated to reserves.
BSO WORKER’S COMPENSATION FUND (50030) - $1,078,030 - Budgeted fund balance is adjusted and the additional funds are appropriated to reserves.
OWNER’S CONTROLLED INSURANCE PROGRAM (OCIP) FUND (50035) - $1,256,340- Budgeted fund balance is adjusted and the additional funds are appropriated to reserves.
PRINT SHOP FUND (50200) - $29,000 - Budgeted fund balance is adjusted and the additional funds are appropriated to reserves. |