Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Self Funded Healthcare topic
No spam. Unsubscribe anytime.
Trustees asked to reduce General Fund assignment for self-funded healthcare from $10M to $6M
Summary
Administration recommended the Board approve a resolution reducing the General Fund assignment set aside for the Self-Funded Healthcare Fund from $10 million to $6 million after $4 million in transfers were previously approved to cover higher-than-anticipated claims.
Administration asked the Board to approve a resolution reducing the General Fund assigned balance designated for the Self-Funded Healthcare Fund from $10,000,000 to $6,000,000. The packet explains the reduction follows earlier Board-approved transfers totaling $4,000,000 (approved Dec. 11, 2025 and June 4, 2026) to address cash-flow pressures caused by higher-than-anticipated healthcare claims.
Gina Mitschke is listed as the administrator responsible for the item; the packet states that prior to spending assigned fund balance amounts, administration will seek Board approval for expenditure and any related budget amendment. "Administration recommends the Board of Trustees approve the Resolution reducing the General Fund Self-Funded Healthcare Assigned Fund Balance from $10 million to $6 million," the materials say.
The item describes GASB 54 classifications for fund balance (Nonspendable, Restricted, Committed, Assigned, Unassigned) and explains assigned balances may be amended by Board action. The packet includes a sample motion; the provided document does not record a vote.
