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Resolution to set Unemployment Comp rate
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2016-01-19 10:00 AM - Commissioners' Agenda
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Resolution to set Unemployment Comp rate
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Last modified
4/7/2018 9:54:49 AM
Creation date
4/7/2018 9:54:47 AM
Metadata
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Meeting
Date
1/19/2016
Meeting title
Commissioners' Agenda
Location
Commissioners' Auditorium
Address
205 West 5th Room 109 - Ellensburg
Meeting type
Regular
Meeting document type
Supporting documentation
Supplemental fields
Alpha Order
c
Item
Request to Approve a Resolution Adopting the 2016 Internal Rate of Unemployment Compensation
Order
3
Placement
Consent Agenda
Row ID
27518
Type
Resolution
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BOARD OF COUNTY COMMISSIONERS <br />COUNTY OF KITTITAS <br />STATE OF WASHINGTON <br /> <br />RESOLUTION NO _________ <br /> <br />TO ADOPT THE 2016 INTERNAL RATE FOR UNEMPLOYMENT COMPENSATION <br /> <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 /> <br /> WHEREAS, Kittitas County selected Option 2 and has been in Option 2 for years. <br /> <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 /> <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 /> <br /> WHEREAS, the rate was established during the preliminary budget process. <br /> <br /> NOW, THEREFORE BE IT RESOLVED, the Board of County Commissioners hereby adopts the rate of .34% <br />times gross wages excluding elected officials, to be charged to all departments and funds for wages effective <br />January 1, 2016. <br /> <br /> ADOPTED this 19th day of January, 2016. <br /> <br />BOARD OF COUNTY COMMISSIONERS <br />KITTITAS COUNTY, WASHINGTON <br /> <br /> <br />_________________________________ <br />Chairman <br /> <br />_________________________________ <br />Commissioner <br />ATTEST <br />_________________________________ <br />Commissioner <br />____________________________ <br />Clerk of the Board
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