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HomeMy WebLinkAboutBudget Transfer - AccountingFebruary 19, 2019 Tom Taylor, Chair Richard Stevens Cindy Carter Dear Board of County Commissioners: f.( (>- GRANT COUNTY OFFICE OF THE AUDITOR Accounting Department FL- 20AI_ s,r_; n:'-m-iissioners Gr.rit nt„'. ',X'asfim ton _!' -T= Di,annrove Abstain 0 Dist # I Dist # 1 L at''Z Dist # 2 Dist # 2 D:,1 t ,>t `i3�Dist # 3 --- Dist # 3 The Interfund Benefit fund (505) ended 2018 with a cash reserve balance in excess of $2.4M. As of January 31, 2019, the cash balance in the Interfund Benefit fund is in excess of $2.5M. As a result of this, I am requesting a cash transfer of $1.5M from the Interfund Benefit fund (505) to the Healthcare Reserve fund (525). This transfer would increase the balance in the Healthcare Reserve fund to just over $5.1M. Thank you for your time and consideration of this request. Sincerely, M ttttttadeline J. Prentice Chief Accountant Grant County P.O. Box 37 Ephrata, WA 98823 509-754-2011 Ext. 2735 cc: Michele Jaderlund, Auditor Kirk Eslinger, HR Director Brittany Rang, HWC Chair "To meet current and future needs, serving together with public and private entities, while fostering a respectful and successful work environment.”