SUBJECT:
Title
Budget Transfer from Fire, Rescue and EMS Fund to Insurance Fund - $100,000
Body
INITIATOR: DEPARTMENT:
James Banta, Fire Chief Fire Rescue
DESCRIPTION/BACKGROUND:
Pursuant to 112.1816, Florida Statutes, a Firefighter may elect to receive a one (1) time lump sum payout in the amount of $25,000 in lieu of filing a Workers’ Compensation claim for firefighter cancer claims. Employees must meet certain statutory requirements to be eligible for the payout.
The Board adopted Policy 24-01 to extend benefits, upon executing the appropriate release, to Firefighters who otherwise would not be entitled to the statutory benefits. Marion County has received four (4) claims which have met the requirements of Policy 24-01. This BAR is needed to transfer funds from the Fire, Rescue and EMS Fund to the Insurance Fund to cover the one (1) time lump sum payout of the 4 claims.
BUDGET/IMPACT:
Increase Insurance Fund appropriation by $100,000.
RECOMMENDED ACTION:
Recommended action
Approve attached Budget Amendment Resolutions.
end