File #: 2024-17048   
Type: Budget Amendment Status: Agenda Ready
File created: 10/25/2024 Meeting Body Board of County Commissioners
On agenda: 11/5/2024 Final action:
Title: Budget Transfer from Fire, Rescue and EMS Fund to Insurance Fund - $100,000
Attachments: 1. 2025-2-8 $100,000.pdf, 2. 2025-2-7 $100,000.pdf

 

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