Discuss, consider and take appropriate action on approving the Services Contract between Williamson County and Milliman, Inc. to provide Consulting Actuary for Williamson County in the not-to-exceed amount of $21,000.00 and authorizing execution of the agreement.

This agreement is for the renewal of service for the consulting actuary. Milliman is an outside auditing company that provides the following services to the County: Their main focus is for the GASB 75 which replaced the GASB 45 that provides standards for accounting and financial reporting for postemployment benefits other than pensions (OPEB) benefits that U.S. state and local governments provide to their retired employees. These benefits primarily involve health care benefits, but may include life insurance, disability. The Auditors office is required to provide this GASB 75 Report for the separate external auditors that review their financials. Department point of contact is Shelley Loughrey. Funding Source 01.0885.0886.004181 for FY 20.