HomeMy WebLinkAbout22-14 - Res. Rescinding Res. 8-89 Eliminating Cumulative Reserve Deductible Insurance FundRESOLUTION NO ZG � `Lt.
Rescinding Resolution #8-89, Eliminating the Cumulative Reserve Deductible Insurance Fund #127-
000-000 and Establishing a Budget for Claims Paid in Current Expense.
WHEREAS, RCW 36.32.120, states"... the board of county commissioners ... have the care of
the county property and the management of the county funds and business... "
WHEREAS, the Mason County Board of Commissioners established the Cumulative Reserve
Deductible Insurance Fund in 1989 for the purpose of paying expenses for claims against the county and
the majority of the funds were from Current Expense;
WHEREAS, the Mason County Board of Commissioners recognizes these expenses should be
budgeted as part of the Current Expense budget;
NOW, THEREFORE, the Mason County Board of Commissioners does hereby eliminate the
Cumulative Reserve Deductible Insurance Fund (#127-000-000) and establishes a Claims Paid budget in
Current Expense Non -Departmental, (#001-3 00-312). Any residual funds remaining in Fund #127 shall be
transferred to the Current Expense Non -Departmental budget.
IT IS FURTHER RESOLVED that the Mason County Board of Commissioners or
appointee will manage and pay proper expenses from this budget.
APPROVED this 6t1' day of May 2014.
ATTEST:
•
u ie Almanzor, Clerk of the B
APPROVED AS TO FORM:
BOARD OF COUNTY COMMISSIONERS
MASON COUNTY, WASHINGTON
Terri Jeffreys, Cha
/7;
Randy/Neatherlin, Commissioner
C a c
1
ti.ac
(
Tim Whitehead, Chief Deputy Prosecuting Attorney Tim Sheldon, Commissioner
c: Budget Manager
Risk Ma nager
Auditor/Accounting
Treasurer
J \RESOLUTIONS & ORDINANCES\RESOLUTIONS -ORDINANCES Word Files\2014\Cure Reserve fund
eliminated - move to Non Departmental.doc