Commissioners Court Meeting

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Meeting Date:	05/10/2021
Submitted for:	Samantha Sanchez	Prepared by:	Samantha Sanchez
Department:	Risk Management

Subject:

Discussion and possible action to approve, by Order, the following budget amendment (line item transfers) within the General fund:

	Acct. Number	Acct. Name	Adopted	Request	Current	End Bal.
From:	1001-1180-001-452021	Property Casualty Premium	$875,000	$30,000	$58,870	$28,870
	1001-1130-001-431007-010	Operational Reserve		$111,011.08

To:	1001-1180-001-452007	Claims Paid	$200,000	$141,011.08	$6,489.83	$147,500.91

Issue: Several locations are pending repairs for damages due to the winter storm. The cost of the repairs exceeds the balance on the Claims Paid account, resulting in no funds available for the remaining for the fiscal year.

Solution: Request the court approval to transfer funds to repair damages and fund the Claims Paid account for the remainder of the fiscal year.

Result: Account will be adequately funded to finish the fiscal year.

Fiscal Impact

Budget Account Number:	1001-1180
Funding Source:	452012
Balance:	28,870
Financial Impact:
Operational Reserve 1001-1130-431007-010 $30,000.00

Attachments
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