Discussion and possible action to create a custodial fiduciary fund for the Commissioners Court Flexible Spending Account from medical reimbursement forfeits for the benefit of County employees and any other matters incident thereto.
Issue: The Flexible Spending Accounts for medical reimbursement is currently being maintained within the General Fund.
Solution: Create a custodial fiduciary fund to account and segregate resources related to specific activities or purposes by fund.
Result: To account for the Flexible Spending forfeit receipts and the distributions to the County General Fund as required and ordered by the Court.