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HomeMy WebLinkAboutbudgetary impact analysisBudgetary Impact Analysis 1. Department Risk Management Division 2. Agenda Item # (if available) 3. Title and brief description of legislation or attach ordinance/resolution: Resolution authorizing the City Manager to execute a professional services agreement in the amount of $20,000 with HRM to provide a claims audit of Cigna. 4. Is this item related to revenue? NO: X YES (If yes, skip to item # 7.) 5. Are there sufficient funds in Line Item? YES: x Index Code 623301 Minor Obj. Code 657 Amount $20,000 NO: Complete the following questions: 6 . Source of funds: Amount budgeted in the Line Item $_1,810,836 Balance in Line Item $ 1,810,836 Amount needed in the Line Item $ 20,000 Sufficient funds will be transferred from the following line items: ACTION ACCOUNT NUMBER ACCOUNT NAME TOTAL Index/Minor Object/Project No. From $ From $ From $ To $ 7, Any additional comments? These dollars will be refunded to the City upon successful dollar recoupment by means of the Cigna claims audit. 8. Approved by: Department Director/Designee 9-1/ to Date FOR DEPARTMENT OF MANAGEMENT, ND BUDGET USE ONLY Ve ' 4 by I i Verifi No+ / pa M- Transfer done by: :� a - . F .of �ri'T gel +irecto r P esr ee Date 2..9 a1 ent and Budget B .:et Analyst Pe°`( r.x,ask, Date Z,/id/ Budget Analyst Date 0