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Kootenai County reports healthy collections but flags $1.2M health-insurance deficit
Summary
County finance staff told commissioners first-quarter collections are above 50 percent, revenue-sharing and sales tax are slightly up year over year, investment gains posted, but fund 14 (health insurance) shows an approximate $1.2 million deficit driven by high medical claims and prepaid clinic payments.
Kyle Westerman presented Kootenai County’s unaudited first-quarter financial statement on Feb. 17, telling commissioners most elected-official budgets are under pace and countywide property tax collections stand at about 56 percent for the fiscal year.
Westerman said year-over-year revenue…
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