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Commissioners move $2 million from contingency into indigent health care in draft budget
Summary
Staff said $2 million was reallocated from contingency to indigent health care in the draft budget; commissioners discussed timing for cash availability and repayment schedules tied to a maturing CD.
During the budget presentation, Lucy told the court that staff had moved $2,000,000 from contingency into the indigent-health-care line in the draft budget. "I do have in here that, 2,000,000 was taken out of contingencies and put into indigent health care," she said, explaining how the reallocation alters the fund balance and the projected beginning cash position.
Commissioners asked about timing and cash flow: staff noted a $6 million certificate of deposit maturing later this year and discussed options to either cash the CD or roll it at a higher market rate to free funds for payments. The court asked staff to confirm payment timing and whether funds could be replaced via higher earnings on rolled investments if market rates improved. Staff agreed to clarify the timing and bring back a recommended schedule for any repayments or transfers required to support the indigent-health-care appropriation.
