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Plan administrator: FY25 OPEB reimbursements budgeted at $6.2M; $3.6M reimbursed to date
3126609 · April 25, 2025
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Summary
Deputy Finance Director and plan administrator Joy Sapp reported a $18,000 capital call, administrative payments of $37,302.79, and reimbursements of $3.6M to date against a $6.2M FY25 budget; the board accepted the report by voice vote.
St. Mary's County OPEB Board, April 25 — Joy Sapp, deputy director of finance and the plan administrator, reported administrative and cash-flow activity for the OPEB trust and the board accepted the report at the meeting.
Sapp reported that since the last meeting…
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