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County finance reports show healthy reserves; employee insurance claims spike in February
Summary
Washington County Treasurer and Comptroller reported strong fund balances and reserves, while the countys employee health plan saw a significant medical-claim increase in February driven by hospital stays and surgeries; staff described steps to address costly GLP-1 drug spending.
Treasurer Hill told the Washington County Quorum Court Finance and Budget Committee that the countys big three funds are in good position, noting the county began the reporting period with approximately $96 million in the bank and was at about $92 million at the end of the report period. Hill said tax collections due in April are expected to cause a ‘‘big jump’’ in balances.
Hill reported the county has $11,000,008.59 remaining in ARPA funds across three active projects (COVID mitigation, EOC engineering and EOC construction). He said January collections for the one-cent sales tax…
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