Discussion and possible action to reverse the Auditor's office unauthorized action to expense approximately $1,471,000 Dollars from the general fund balance due to an actuarial report received by the county on November 24, 2015; and any other matters incident thereto. [Requested by Budget Officers]
Issue: The actuarial report provides a projection of future liability claims against the Workers Compensation fund. Only Commissioners Court can approve the amount of money needed to be set aside for these future liabilities.
Solution: Reverse the unauthorized transfer of monies deducted from the county general fund balance and make recommended changes.
Result: To increase the workers compensation fund by an amount approved by the court.