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Board notes IRS Affordable Care Act assessment from 2021; district to pay $21,000 from operations fund
Summary
A board member told the May 18 meeting that an IRS Affordable Care Act assessment for 2021 was contested and reduced and that the district will pay $21,000 from the operations fund; the board said the district has been in compliance since 2022.
During the May 18 meeting a board member reported the district has had multiple interactions with the IRS concerning Affordable Care Act compliance for 2021. The initial assessment cited by the board member exceeded $100,000 but was reduced after the district provided documentation; the district will pay $21,000, which will be charged to the operations fund.
The board member said district procedures were updated in 2022 and that the district is currently in compliance with ACA requirements; the board recorded the forthcoming $21,000 payment on the fund report. Meeting materials and remarks indicate the assessment relates to 2021 employer coverage reporting and employee counts, and that the district pursued appeals and review with the IRS prior to paying the reduced amount.
The board did not provide additional documentation during the meeting and did not identify which employees were involved in the assessment; members asked which fund would be used and were told the operations fund would cover the payment.
