There is hereby established the Medical Claims Reserve Fund 5902.
(A) The county shall transfer money from the General Fund, or any other fund that has actual insurance costs less than budgeted insurance to the Medical Claims Reserve Fund.
(B) The county shall use money in the Medical Claims Reserve Fund to pay insurance costs in years where the actual insurance costs exceed the budgeted insurance costs.
(C) Any unused funds can be transferred to the county’s General Fund by resolution of the County Council.
(Ord. 2021-6D, passed 6-15-21)