Narrative of Resolution:
title
Apportion cost of the 2027 County Self Insurance Plan
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RESOLUTION INTRODUCD BY THE EXECUTIVE COMMITTEE TO APPORTION COST OF THE 2027 COUNTY SELF-INSURANCE PLAN, AND TO LEVY TAXES AND/OR BILL DIRECTLY THEREFOR.
WHEREAS, the County Legislature adopted Local Law 2 of 2018, which restated and amended sections of Chapter 43 of the Law of Sullivan County and;
WHEREAS, the Risk Management and Insurance Department (“Risk Management”) is required to and hereby files a report by which it has estimated that the sum of $4,271,741 will be necessary for the calendar year 2027 to meet the payments and expenses of the Workers’ Compensation Self-Insurance Plan; and
WHEREAS, Risk Management has determined the share of such estimated sum chargeable to each participant of the County Workers’ Compensation Self-Insurance Plan; and
WHEREAS, the amount chargeable to each participant of the County Workers’ Compensation Self-Insurance Plan is detailed on the Self-Insurance Fund Charges, and, the $4,271,741 was calculated as detailed in the 2027 Estimate of Expenses for the Self-Funded Workers’ Compensation Plan for Sullivan County (attached 2027 Allocation report) and made a part hereof; and
WHEREAS, the 2027 Cost Allocation Report shall collectively be considered Risk Management’s 2027 report for the funding estimate and participant apportionment costs for the County’s Workers’ Compensation Self-Insurance Plan, (“Risk Management’s 2027 Plan”).
NOW, THEREFORE, BE IT RESOLVED, the Sullivan County Legislature herby adopts Risk Management’s 2027 Plan and directs that the amount ...
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