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Commissioners move $640,000 from liability insurance into contingency
Summary
After updated premium data, commissioners approved transferring $640,000 from the recommended liability-insurance line back to contingency, a unanimous motion meant to preserve flexibility in the FY2027 budget.
Denton County commissioners voted unanimously to reduce the recommended liability-insurance appropriation by $640,000 and transfer that amount to contingency after staff said the tax premium came in lower than the number used in the recommended budget.
Alejandro, who presented the change, told the court the lower premium allowed the county to reassign the funds without harming coverage. "we did find out after preparing the recommended budget that the the tax premium has actually decreased ... which means that we can decrease the recommended budget for liability insurance by 640,000," he said. Commissioner Mitchell moved the transfer and Commissioner Williams seconded; the motion carried unanimously. The transfer is intended to preserve near-term flexibility as the court continues to evaluate appeals and potential additions for FY2027.
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