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County to seed separate self-insurance fund with about $500,000, auditor says
Summary
Commissioners and staff discussed creating a stand-alone self-insurance fund in 2026; staff said approximately $500,000 would transfer from the general fund to seed the new account for clearer monitoring of claims.
County staff and the auditor discussed plans to establish a separate self-insurance fund in 2026 so that insurance activity is transparent rather than buried in the general fund. The auditor said the current practice obscures true insurance costs and that establishing a dedicated fund will help the county monitor claims experience.
Staff told commissioners the move would involve a transfer of roughly $500,000 from the general fund to the new insurance fund to seed it. The auditor agreed this change would improve reporting and monitoring. The board also heard that the motor-vehicle fund currently shows a deficit largely attributed by the auditor to state reimbursement timing, and commissioners said they will follow up with staff on those items.
