18.a.
Commissioners Court Meeting
- Meeting Date:
- 01/27/2025
- Submitted for:
- Pilar De La Fuente
- Prepared by:
- Pilar De La Fuente
- Department:
- Human Resources
Subject:
Discussion and possible action to authorize a one-time exception to Webb County Budget Policy and to approve, by Order, the following budget amendment (line item transfer) within the General fund:
Issue: The current funding is insufficient to pay for the actuarial services for IBNR and GASB75 reports.
Solution: Approve line-item transfer to fund adequately the account above to pay for actuarial services.
Result: Approval of line-item transfer will result in having funding available for the upcoming invoice.
| Acct. Number | Acct. Name | Adopted | Request | Current | End Bal. | |
| From: | 6300-1090-001-452010 | Claims Paid Medical | $10,000 | $2,800 | $10,000 | $7,200 |
| To: | 6300-1090-001-432001 | Professional Services | $7,000 | $2,800 | $7,000 | $9,800 |
Issue: The current funding is insufficient to pay for the actuarial services for IBNR and GASB75 reports.
Solution: Approve line-item transfer to fund adequately the account above to pay for actuarial services.
Result: Approval of line-item transfer will result in having funding available for the upcoming invoice.
Fiscal Impact
- Budget Account Number:
- 6300-1090-001
- Funding Source:
- 452010
- Balance:
- $10,000.00
Financial Impact:
No financial impact.