10138-11 Transfer $25,000 Rainy Day Fund No. 102 to Umeployment Compensation Fund Fund No. 713

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The claim payments declined in the second half of 2011 due to benefit eligible former employees reaching the federal maximum months of benefit claim. The City pro -forma projection of Unemployment Compensation Insurance Fund activity in fiscal 2012 indicates a return to a more normalized level of anticipated unemployment claims. The Unemployment Compensation Insurance Fund will reimburse the Rainy Day Fund prior to June 30, 2012. The Office of the City Controller will continue to review the activity in this fund and the activity of unemployment claims in fiscal 2012 and determine and effect any required adjustments in "unemployment claim fees" charged to City operating Departments and funds. Further, the Office of the City Controller, through the Human Resource Department, will discuss and investigate with the Indiana Department of Workforce Development, potential strategy and approach to affect an improved control, if possible, of unemployment insurance claims. City Administration requests the Common Council to consider this Bill for 1s` read at the November 28, 2011 Common Council meeting, with 2 "d read, public hearing, 3rd read and Council vote at the December 12, 2011 Council Meeting. City Administration requests this Bill be assigned to the Personnel & Finance Committee. Controller Zientara will present this Bill to the Common Council at the appropriate Council Committee meeting, public hearing, and at the Council meeting. I am available to discuss any matters concerning this Bill at the convenience of the Council. I. Luecke, Mayor of the City of South Bend a ce P F :.Y tai T�q�