Agenda Item Name:
Title
Recognize Unanticipated Revenue for the Health Insurance Fund 507
End
Presenter:
Tommy Crosby, 337-6205
Description:
Recognize unanticipated revenue in Fund 507 and authorize its expenditure in FY2019.
Recommended Action:
Recommended Action
Adopt the resolution and approve the budget amendment recognizing unanticipated revenue.
Prior Board Motions:
NA
Fiscal Consideration:
Fiscal Consideration
Recognize $800,000 of unanticipated revenue in Fund 507.04.0490.369.30.30 and approve the expenditure in Fund 507-04-0490-519.49.53.
Background:
Excess coverage revenues are being recognized to cover the corresponding claims.