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Comptroller, treasurer and benefits staff report strong tax receipts but recommend $1 million insurance fund transfer; ordinance advanced
Summary
Washington County officials reported higher tax receipts and healthy cash balances but recommended a $1 million transfer from unappropriated reserves to the employee insurance fund to cover higher‑than‑expected claims; the committee sent the ordinance to the full court with a due‑pass recommendation.
County financial officers told the Washington County Quorum Court finance meeting that revenue is up year‑over‑year and cash balances remain strong, but rising employee health claims have pushed the county’s employee insurance fund into a shortfall and prompted a recommended transfer of $1,000,000 from the fund’s unappropriated reserves.
Treasurer Hill said the general fund received about $9 million in the month referenced — most from the October tax settlement — and that the county began the month with roughly $100.2 million and ended with about $117.9 million in cash. Property tax collections for the general fund…
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