Laserfiche WebLink
BOARD OF COUNTY COMMISSIONERS <br />COUNTY OF KITTITAS <br />STATE OF WASHINGTON <br />RESOLUTION NO 2020 - <br />TO ADOPT THE 2019 INTERNAL RATE FOR UNEMPLOYMENT COMPENSATION <br />WHEREAS, all local governments have a choice between either the Option 1 - Tax Basis or Option 2 - In - <br />lieu contribution basis for making payments to the Department of Employment Security (DES) per R.C.W. <br />50.44.030; and <br />WHEREAS, Kittitas County selected Option 2 and has been in Option 2 for years. <br />WHEREAS, the State auditor prescribes the accounting for Option 2 - In -Lieu Contribution <br />(Reimbursement) R.C.W 50.44.060. The choices for the accounting of Option 2; are Method A; create an internal <br />service fund or Method B; participate with other local governments. <br />WHEREAS, Kittitas County uses Method A, and has created an internal service fund entitled 511 <br />Unemployment Compensation. The purpose of this fund is to receive periodic cash contributions from operating <br />funds. The amount of these cash contributions depends on the estimate of future unemployment claims. The <br />estimates should be adjusted periodically, based on an experience. There may be different rates for departments <br />and funds within the same government. The periodic cash contributions from operating funds will be charged to <br />the functional expenditure/expense accounts in the operating funds in the same manner as premium payments <br />paid to the DES. Payments to the DES must be made from the Unemployment Compensation Fund. Interest <br />earnings on investment of the contributions may be used for the benefit of the Unemployment Compensation <br />Fund (thereby reducing charges to the operating funds). <br />WHEREAS, the rate was established during the preliminary budget process. <br />NOW, THEREFORE BE IT RESOLVED, the Board of County Commissioners hereby adopts the rate of <br />.0200% times gross wages excluding elected officials, to be charged to all departments and funds for wages <br />effective January 1, 2020. <br />ADOPTED this 7th of January, 2020. <br />titiny`f� co`IU11bTis��j'r.,% <br />•�. ;ter <br />-x SEAL - <br />ATTEST Z 0 ~ <br />, <br />erk of the Bo <br />BOARD OF COUNTY COMMISSIONERS <br />KITTITAS COUNTY, WA2HiINGTON <br />airma <br />