Commissioners Court Meeting

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Meeting Date:	01/28/2019
Flexible Spending Account
Submitted for:	Lizette Torres	Submitted By:	Lizette Torres
Department:	Auditor

Subject:

Discussion and possible action to create a custodial fiduciary fund for the Commissioners Court Flexible Spending Account from medical reimbursement forfeits for the benefit of County employees and any other matters incident thereto.

Issue: The Flexible Spending Accounts for medical reimbursement is currently being maintained within the General Fund.

Solution: Create a custodial fiduciary fund to account and segregate resources related to specific activities or purposes by fund.

Result: To account for the Flexible Spending forfeit receipts and the distributions to the County General Fund as required and ordered by the Court.

Background:

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Previous Court Action:

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Fiscal Impact

Budget Account Number:	n/a
Funding Source:	n/a
Balance:	n/a
Financial Impact:
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