Commissioners Court Meeting
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Meeting Date:
11/14/2022
Retirees Payout Shortage
Submitted for:
Elizabeth Ortiz
Submitted By:
Elizabeth Ortiz
Department:
County Judge
Subject:
Discussion and possible action to approve the following budget amendment (line item transfer) to cover shortfall for retirees payout approved for fiscal year 2023; and any other matters incident thereto.
Account Number
Account Name
Amount
From:
1001-1130-001-431007-010
Operational Reserve
$54,382
To:
1001-1130-001-452101
TCDRS Retire COLA Contribution
$54,382
Issue:
Shortfall in funds for retirees increase
Solution:
Transfer as above stated.
Result
: Count will save money by paying in one lump sum.
Background:
N/A
Previous Court Action:
N/A
Fiscal Impact
Budget Account Number:
N/A
Funding Source:
N/A
Balance:
N/A
Financial Impact:
N/A
Budget Account Number:
N/A
Funding Source:
N/A
Balance:
N/A
Financial Impact:
N/A
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