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Appropriating $46,000.00 to Account Insurance within the Bureau of Streets Budget
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Appropriating $46,000.00 to Account Insurance within the Bureau of Streets Budget
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10/10/2013 11:44:58 AM
Creation date
10/8/2013 11:26:47 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
11/8/1976
Ord-Res Number
6068-76
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Peter H. Mullen <br />Director, Administration and <br />Finance <br />CITY of SOUTH BEND <br />PETER J. NEMETH, Mayor <br />COUNTY -CITY BUILDING SOUTH BEND, INDIANA 46601 <br />Members of the Common Council <br />4th Floor, County -City Building <br />South Bend, Indiana <br />Dear Council Members: <br />October 6, 1976 <br />Q��F�OIUTIO/y %� <br />1 J ?` <br />Z <br />W v� Z <br />�a a <br />/HDIANP <br />219/284 -9742 <br />The need for the attached appropriation was brought about by <br />the increased cost of insurance coverage based on experience <br />and types of coverage, and the elimination of deductible in <br />certain areas. The appropriation is being requested from <br />the Motor Vehicle Highway Fund because a large portion of <br />our insurance liability is brought about by coverage of <br />Street Department properties and Workmen's Compensation. <br />In the past, because of shortages in gasoline tax receipts, <br />the Street Department has not paid for its own insurance. <br />The payment has been made from the General Fund with property <br />taxes. We feel that with the 20% to 25% increase in gasoline <br />tax distribution which is taking place this year, and the <br />availability of Community Development funds for street <br />programs, the Street Department is financially capable of <br />supporting itself, and still provide full service in main- <br />taining streets. <br />We would appreciate your approval of this request. <br />
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