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County reports $206,000 surplus in risk management fund through six months
Summary
County staff told commissioners the risk-management fund is $206,000 positive through six months and projected to exceed $2 million after a July 1 deposit; staff attributed the improvement to better claims performance and internal changes.
County staff presented a six-month update on the risk management fund, reporting, "This year, we're $206,000 to the good through 6 months," and noting that with the July 1 deposit the fund will exceed $2,000,000.
Staff credited consultants, commission oversight and employee health for the improved trend and warned that stop-loss and claims experience had been difficult in prior years. Commissioners discussed whether funds were earmarked or available for other uses; staff clarified the loss-management account is separate by statute from the claims account and is not a source to tap for other expenses without appropriate authorization.
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