Discussion and possible action to approve, by order, a budget amendment by increasing expenditures in the amount of $1,695,274 in accordance with Texas Local Government Code, Section 111.07075 (Special Budget for Revenue Received after Start of Fiscal Year). [Fund #6100 (Employee's Health Benefits Fund)]
GL Account
Account Name
Amount
From:
6100-257900
Fund Balance
$1,695,274
To:
6100-1090-001-452008
Claims paid - Dental
$56,153
6100-1090-001-452009
Claims paid - Prescription
$295,770
6100-1090-001-452010
Claims paid - Medical
$1,343,351
$1,695,274
Issue: Fund expenditure line items need a budget to process invoices for health insurance.
Solution: Increase budget for expenditures with fund balance available funds.
Result: Fund expenditures will be processed and recorded promptly.