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HomeMy WebLinkAbout2023-042 - Res. Amending Res. 2023-035 Establishing the Mason County Flexible Spending Account RESOLUTION NO. 2023-D42 AMENDING RESOLUTION#2023-035 ESTABLISH THE MASON COUNTY FSA(Flexible Spending Account) CLEARING ACCOUNT Fund#001.000000.057.000 WHEREAS, On June 6`h, 2023,the Mason County Board of Commissioners approved establishing the Mason County FSA(Flexible Spending Account)Clearing Account, Resolution No. 2023-35 for Mason County eligible employees utilizing a third-party vendor Navia Benefit Solutions. WHEREAS, Navia Benefit Solutions needed the ability to direct debit and credit a bank account set up for such Flexible Spending Account(FSA)product(s)for the purposes as contracted and elected to by eligible county employees. WHEREAS,eligible county employees who elected to make use of the Flexible Spending Account(FSA) through Navia Benefit Solutions,agreed to have such funds payroll deducted and such funds will be deposited directly to the Mason County FSA(Flexible Savings Account)Clearing bank account, by the Financial Services Department of the Mason County Auditor's Office. WHEREAS, it appears that debits to this account happen between the bi-monthly employee payroll deposits,causing the account to have negative balances and thus incurs overdraft fees. WHEREAS,a review by the Mason County Treasurer and staff in the Human Resources Department, it is recommended to fund the account in the amount of$5,000.00 to keep sufficient funds available to cover debits in between deposit dates and available for any fees charged to the account. WHEREAS,the Human Resources Department is the responsible party for making deposits of such funds as necessary for administration costs into the Mason County Flexible Spending Account(FSA)Clearing bank account, replenishing the$5,000.00 balance as necessary through the accounts payable process and by December 315L each year, reconciling the monthly bank statement and providing such reconciliation to the Mason County Treasurer's Office. Funding for this account will be by warrant issued from fund 001.000000.057.000. NOW THEREFORE BE IT RESOVLED,that the Board of County Commissioners hereby approves the recommendation of the Mason County Treasurer to fund the Mason County Flexible Spending Account(FSA) Clearing Account in the amount of$5,000.00. DATED this— of August,2023 BOARD OF COUNTY COMMISSIONERS, ATTEST: MASON COUNTY,WAS�HINGTON McKenzie Smith, Jerk o the Board Sharon Trask,Chair APPROVED AS TO FORM: R Neath in ice Chair �TimWhiitehe , ie Deputy Prosecutor Kevin Shutty, ommissioner APPROVED: Lisa Frazier, Mason County Treasurer Cc: Auditor Finance Department,HR,Treasurer,Auditor