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HomeMy WebLinkAboutBudget Transfer - AccountingNovember 26, 2019 Thomas Taylor, Chair Richard Stevens Cindy Carter Dear Board of County Commissioners: GRANT COUNTY OFFICE OF THE AUDITOR Accounting Department Dated this day of .0 8 , 20_L Board of County Commissioners Grant County, Washington Approve Disappprove Abstain Dist #1 Dist # I Dist # I vl)ist #2 Dist # 2 Dist # 2 _ Dist #3Dist # 3 Dist # 3 As we discussed in the initial budget meetings and again yesterday in the budget review meeting, we would like to reactivate Fund 509 and rename it LEOFF 1 Benefits. The purpose of this fund will be to collect the LEOFF 1 contributions paid by the Sheriff's Office and pay the actual LEOFF 1 claims and benefit administration fees from this fund. By setting up a separate fund for LEOFF 1 benefits, we should create a reserve in the event that LEOFF 1 claims exceed the contribution amounts being collected. This also gives us the ability to better track benefit costs for LEOFF 1 employees versus active employees. Thank you for your time and consideration of this request. Sincerely, Madeline 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 ..� E ED NOV 2 6 20 99 "To meet current and future needs, serving together with public and private entities, while fostering a respectful and successful work environment."