Item Coversheet

Spotsylvania County
Board of Supervisors Agenda
Executive Summary




Meeting Date:
AugustĀ 13, 2019
Title:
Insurance Claim Appropriation

Type:
Action, Resolution
Agenda Title:
Insurance Claim Appropriation
Recommendation:

Staff recommends the appropriation of insurance claim funds which were received for nine (9) insurance claims.

Summary:

Insurance claim reimbursements totaling $100,360 have been received towards the costs of repairs stemming from nine incidents occurring to Fire/Rescue-operated property during FY 2019.  $74,315 of this is attributable to one incident in which a fire engine was involved.  Staff recommends these funds be budgeted and appropriated to pay for the insurance portion of the necessary repairs.   

Committee/Commission Summary:
Finance Committee
Review Date:
July 18, 2019
Status:Approved
Financial Impact:

Increase Insurance Reimbursement Revenue - $100,360

Increase FREMS Auto Repairs & Maintenance - $97,903

Increase EMLOG Repairs & Maintenance - $2,457

Staff Contacts:

James M. Cullinan, III, Fire Chief

Matthew Embrey, Division Chief of Emergency Management/Logistics

Consequence of Denial/Inaction:

If the insurance claim funds are not appropriated to the Fire/Rescue operating budget, the account for Auto Repairs & Maintenance will not accurately reflect activity occurring in FY 2019.

ATTACHMENTS:
File NameDescriptionType
Fire-Rescue_Insurance_Reimbursements_-_Appropriation.docAppropriationAppropriation
Fire-Rescue_Insurance_Reimbursements_-_Budget_Adjustment.docBudget AmendmentBudget Amendment