HR Risk Management Bonner County 1907
HRRISK
Management Item 1 # April 6, 2017
MEMORANDUM To:
Commissioners
Re:
Increasing the HR Risk Management "B" budget by $303,944.45 to fund budget
shortfalls.
Description:
Increasing the HR Risk Management budget by $303,944.45 to account for higher Liability Insurance premiums (10/1/16-10/1/1/ policy year) and Worker's Compensation Premiums (1/1/17 policy year) than were budgeted for in mid-2016, before the actual costs were known. At the time the budget was prepared, the actual premium costs were not known. Attached for your consideration is a Resolution authorizing a budget adjustment to cover the increase.
Approved by Auditing: Distribution:
Original to BOCC Copy to the HR Risk Management Director Copy to Auditing
A suggested motion would be: Mr. Chairman based on the information before us I move to
approve Resolution # l"^- V/
authorizing the Clerk to transfer $303,944.45 from the General
Fund Reserve to the HR Risk Management B Tort budget as detailed in the Resolution. The transfer is due to insurance premium cost increases that were not included in the budget.
Recommendation Acceptance; ^ yes • no
Date: Commissioner Glen Bailey, Chairman
RESOLUTION NO. 17 - Hi HUMAN RESOURCES
FY2016 Budget Adjustment WHEREAS, Idaho Code 31-1605 provides that the Board of County Commissioners may adjust the budget as adopted to reflect the receipt of unscheduled revenue, grants, or donations from federal, state or local governments or private sources, provided that there shall be no increase in anticipated property taxes; and, WHEREAS, the Tort insurance budget was estimated and set in mid-2016 before the actual
Tort insurance cost of $752,062renewal occurred on 10/1/16 for Liability Insurance and on 1/1/17 for Workers Compensation estimated counter to the actual cost of $494,197, and;
WHEREAS, the estimated Tort and Workers Compensation budget was lower than the actual insurance policy costs, and; WHEREAS, due to the higher actual insurance premiums than estimated and budgeted, the
HR/ Risk Department's budget will fall short, and; NOW, THEREFORE, BE IT RESOLVED, that the Board of Commissioners of Bormer Kliic
County, Idaho authorizes the Clerk to open the::gE!nefaWund reserves in the amount of $303,944.45
and open the HR/ RM budget and increase line item 24-450 Insurance Liability by $215467.45 & line item 24-416 Workers Compensation, in the amount of $88,477. The foregoing was duly enacted as a Resolution, upon unanimous vote by the Board of
County Commissioners ofBormer County, Idaho, on the \\^ day of^y^^prW BOARD OF BONNER COUNTY COMMISSIONERS
ATTEST: Michael Rosedale. Dan McDonald, Commissioner
BxX^Mtox Deputy Cjlerl
Jeffp(Jnnoly, GeMmissioner
20 .
04/06/2017 11:42 cjostlein
FOR 2017 ACCOUNTS 024
Bonner County YEAR-TO-DATE
024
024
622 0
024
024
643 0
024
024
BUDGET
YTD EXPENDED
237,600
237,600
396,077.00
.00
-158,477.00
3,746
3,746
. 00
. 00
3,746.00
3,746
3,746
. 00
.00
3,746.00
.0%
.00
.00
.00
.0%
. 00
. 00
. 00
. 0%
.00
. 00
.00
.0%
. 00
. 00
.00
.0%
. 00
. 00
.00
.0%
. 00
.00
.00
.0%
. 00
. 00
.00
.0%
.00
.00
.00
.0%
307,126.50
.00
277,673.50
52.5%
RESTRICTED ACCESS RESTRICTED ACCESS
6450
-
AVAILABLE BUDGET
ENC/REQ
PCT USED
166.7%
MILEAGE
TRAVEL
-
TRAVEL
MILEAGE -
MILEAGE
EDUCATION
64 9 0
EDUCATION EDUCATION
SUPPLIES
653 0
-
OFFICE
SUPPLIES
TOTAL SUPPLIES
6850
INS
COBRA ADMINISTRATION
TRAVEL
TOTAL
6530
REVISED
RESTRICTED ACCESS
TOTAL
6490
COMP
COBRA ADMINISTRATION
TOTAL
6450
TRANFRS/ ADJSTMTS
ORIGINAL APPROP
COBRA ADMINISTRATION
TOTAL
643 0
2
glytdbud
REPORT
07
FOR: TORT
TOTAL WORKERS
6220
P BUDGET
INSURANCE
6850„
-
-
OFFICE -
OFFICE
LIABILITY
INSURANCE
-
LIABILITY
584,800
584,800
4/6/2017
Current Rating - Idaho State Insurance Fund
Current Rating Policy #37050
Bonner
Status: Active
Anniversary: 01/01/2017
County
Current EAP: $494,197 Underwriter: kgill
Business Location: Bonner County Effective Date Expiration Date
Class Code
Class Description
01/01/2017
0106000
TREE PRUNING, SPRAYING, REPAIRING -
01/01/2018
Class Rate
Estimated Payroll
Estimated Premium
$11.90
$73,469.00
$8,743.00
ALL OPERATIONS & DRIVERS
$11.43
$0.00
$0.00
$6.71
$1,854,060.00
$124,407.00
LANDFILLS
$5.23
$710,146.00
$37,141.00
AVIATION; ALL OTHER EMPLOYEES & DRIVERS
$3.17
$97,225.00
$3,082.00
AVIATION: TRANSPORTATION OF PERSONNEL IN CONDUCT OF EMPLOYER'S BUSINESS - FLYING CREW
$0.78
$0.00
$0.00
7711002
SEARCH & RESCUE PAID UNDER $300/YR
$4.47
$27,600.00
$1,234.00
7720000
POLICE OFFICERS & DRIVERS
$3.54
$5,458,119.00
$193,217.00
VOLPOLICE-PAID UNDER $300/YR PER
$3.54
$1,800.00
$64.00
01/01/2017
01/01/2018
5403000
CARPENTRY NOC
01/01/2017
01/01/2018
5506000
STREET OR ROAD CONSTRUCTION: PAVING OR REPAVING & DRIVERS
01/01/2017
01/01/2018
6217002
01/01/2017
01/01/2018
7403000
01/01/2017
01/01/2018
7421000
01/01/2017
01/01/2018
01/01/2017
01/01/2018
01/01/2017
01/01/2018
7720007
PERSON
01/01/2017
01/01/2018
8742002
JURORS
$0.48
$5,995.00
$29.00
01/01/2017
01/01/2018
8810000
CLERICAL OFFICE EMPLOYEES NOC
$0.26
$4,928,327.00
$12,814.00
01/01/2017
01/01/2018
8810004
ELECTION OFFICIALS
$0.26
$196,154.00
$510.00
01/01/2017
01/01/2018
8811007
COUNTY COMMISSIONERS
$0.22
$241,154.00
$531.00
01/01/2017
01/01/2018
8818003
COMMUNITY SERVC WORKERS/HOURS X
$3.97
$94,134.00
$3,737.00
01/01/2017
01/01/2018
8820000
ATTORNEY-ALL EMPLOYEES & CLERICAL, MESSENGERS, DRIVERS
$0.20
$1,259,979.00
$2,520.00
01/01/2017
01/01/2018
8832006
CORONERS-NOT EMPLOYED BY POLICE
$0.47
$51,794.00
$243.00
$9,847.00
Ml N WAGE
DEPT
01/01/2017
01/01/2018
9015006
OFFICE BUILDING JANITORS
$4.61
$213,610.00
01/01/2017
01/01/2018
9102000
PARK NOC-ALL EMPLOYEES & DRIVERS
$4.05
$149,100.00
$6,039.00
01/01/2017
01/01/2018
9410000
MUNICIPAL, TOWNSHIP, COUNTY OR STATE
$1.48
$1,092,882.00
$16,175.00
Class Rate
Estimated Payroll
Estimated Premium
EMPLOYEE NOC
Business Location: Bonner County Fair Association Effective Date Expiration
Class Code
Class Description
natp
01/01/2017
01/01/2018
8811009
FAIR BOARD COMMISSIONERS
$0.22
$14,000.00
$31.00
01/01/2017
01/01/2018
9016003
FAIRGROUND OPERATIONS
$4.73
$160,432.00
$7,588.00
Total Payroll: Total Manual Premium:
$16,629,980.00 $427,952.00
Premium Detail $427,952.00
Ratable Manual Premium
$3,424.00
Increased Limits
Experience Modification
1.280
Premium Discount
0.895
Estimated Annual Premium
httpsVAA/ww.ldahosif.org/Policy/CurrentRating
$120,785.00 -$57,964.00
$494,197.00
1/1
04/06/2017 11:42
Bonner County
P
cjostlein
YEAR-TO-DATE BUDGET REPORT
glytdbud
FOR 2 017 ACCOUNTS 024
6860
TOTAL
024
7110
0i4
6870
0J24
024
-
INSURANCE
-
INSURANCE
SVCS
INTENSIVE
7180
-
-
SVCS
584,800
307,126.50
BONDS
DEDUCTIBLES
PCT USED
.00
277,673.50
52.5%
.00
. 00
.00
.0%
. 00
.00
.00
.0%
-
DEDUCTIBLES
40,000
40,000
19,874.97
.00
20,125.03
49.7%
40,000
40,000
19,874.97
.00
20,125.03
49.7%
-
.00
. 00
.00
.0%
.00
. 00
. 00
. 0%
.00
.00
.00
.0%
. 00
.00
.00
OTHER -
OTHER
INTENSIVE LITIGATION INTENSIVE
LITIGATION
EXPENSES
7860 .^MISCELLANEOUS, EXPENSES TOTAL MISCELLANEOUS EXPENSES TORT
AVAILABLE BUDGET
ENC/REQ
LITIGATION
MISCELLANEOUS
TOTAL
YTD EXPENDED
OTHER
SVCS
PROF.
584,800
BUDGET
BONDS
-
PROF.
PROF.
LIABILITY
REVISED
DEDUCTIBLES
INSURANCE
7110
-
TRANFRS/ ADJSTMTS
BONDS
TOTAL
TOTAL
7860
-
INSURANCE
INSURANCE
TOTAL
7180
ORIGINAL APPROP
INSURANCE
INSURANCE
024__.6 86 0
6870
07
FOR: TORT
TOTAL
3
20,000
20,000
3,914.12
. 00
16,085.88
19.6%
20,000
20,000
3,914.12
. 00
16,085.88
19.6%
886,146
886,146
726,992.59
,00
159,153.41
82 .0%
FOR 2017
07
04/06/2017 11:42 cjostlein
YTD EXPENDED
ENC/REQ .00
AVAILABLE BUDGET
5
886,146
886,146
BUDGET
0
REVISED
TRANFRS/ ADJSTMTS
726,992.59
** END OF REPORT - Generated by Christian Jostlein **
GRAND TOTAL
ORIGINAL APPROP
159,153.41
82.0%
PCT USED
P REPORT
glytdbud
BUDGET
Bonner County YEAR-TO-DATE