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Meeting Date:	08/08/2016
Workers Compensation - Actuarial
Submitted for:	Rosie Rodman	Submitted By:	Rosie Rodman
Department:	Administrative Services

Subject:

Discussion and possible action to accept a proposal from L & E Actuaries & Consultants for the Actuarial Report of Webb County's Self-Funded Workers' Compensation Program as of September 30, 2016 at a cost not to exceed $5,250.00 plus direct expenses. Requesting an exception from Section 262.023 of the Local Government Code (Competitive Proposal Requirements), and authorizing the County Judge to execute all relevant documents. [Account #817-0105-6022 (Professional Services)]

Issue: This annual actuarial report must be done to assist us in the budget process.

Solution: Approval of the agreement will initiate process.

Result: Early completion of this report will assist the Budged officers with the budget process.

Background:

Annually, Webb County has an actuarial valuation performed for its Self-Insure Workers' Compensation Program. This information is utilized by the Webb County Auditor's office and the Budget Officers for the year end reports. A preliminary report will be provided at the end of August '2016 and the final report at the end of September '2016.

Previous Court Action:

n/a

Fiscal Impact

Budget Account Number:	817-0105
Funding Source:	6022
Balance:	8,000.00
Financial Impact:
n/a

Attachments
Workers Compensation Actuarial