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County adds contingency authorization to agenda to cover IPMG/Tort Immunity Fund wiring needs
Summary
The executive committee voted to amend the county board agenda to add a late finance item authorizing contingency fund use to cover IPMG (Tort Immunity Fund) wire transfers, covering an estimated $300,000—$350,000 so the county can meet payment timing without delay.
The Will County Board Executive Committee on Sept. 11 approved a motion to amend the county board agenda to add a finance committee item authorizing the use of contingency funds to cover upcoming wiring needs for IPMG, the county's Tort Immunity Fund intermediary.
Finance staff explained the request is intended to avoid delays that would otherwise force the county to…
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