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HomeMy WebLinkAboutItem IAGENDA REPORT rl� Iti DATE: December 10, 2001 TO: Honorable Mayor and City Council THRU: John B. Bahorski, City Manager FROM: Pamela Arends -King, Director of Administrative Services/Treasurer SUBJECT: Payroll Services Fee Increase SUMMARY OF REOUEST: Staff requests City Council to approve a budget amendment increasing the expenditure for the payroll services agreement between the City of Los Alamitos and the City of Seal Beach for FY2001/2002. Payroll Services Unlimited, the company providing payroll services to the City was bought out by a firm unable to provide municipal payroll services. To continue the municipal payroll service, the City of Los Alamitos acquired the computer hardware and payroll software from Payroll Services Unlimited. By Resolution, City Council approved the new one -year contract, a good option at the time because it appeared to provide the same service for the same cost and it made it possible to pay the City's employees uninterrupted. Since the signing of the contract, the City of Los Alamitos has determined the cost of processing Seal Beach payroll is higher than the estimated $12,500 annually and therefore the City of Seal Beach has been invoiced at a higher rate than what was discussed at the contract negotiations. Staff is estimating the FY2001/2002 payroll costs will be $19,500. Staff is currently researching other options for processing payroll that may be more cost effective. Until another service is acquired, staff proposes City Council increase the budget by $7,000. Agenda Item i December 10, 2001 Payroll Services Page 2 FISCAL IMPACT: The annual cost for payroll services will be $19,500. The $7,000 increase will be covered by undesignated fund balance. The current undesignated fund balance is $3,078,272. The proposed budget amendment will decrease undesignated fund balance to $3,071,272. RECOMMENDATION: Approve a Resolution adopting the 2001/2002 Budget Amendment for payroll service costincreases. Pamela Arends -King �J Director of Administrative Services/Treasurer