Commissioners approve routine transfer to self-insurance reserve, defer remaining amount pending investment maturities

At the May 29 Wichita County Commissioner Court meeting, treasury staff told commissioners the county would transfer $1,000,000 to its general fund reserve for self-insurance now and move the remaining $118,000 when certain investments mature.

Staff explained the full requested amount was $1,118,000 but that some funds are invested in longer-term instruments; a portion will be released when those investments mature in July and August. The meeting record indicates $700,000 and $1,000,000 investment maturities were expected in July and August respectively.

Commissioners also discussed routine reimbursements from TAC for training attendance and a recent electrical repair invoice for precinct 2; staff explained that TAC reimbursements can be directed either to offices or to the county depending on how paperwork is filed.

No new tax levies or extraordinary appropriations were reported at the May 29 session; commissioners reviewed the regular-bills list and raised routine questions about vendor signoffs and billing flows.

The court did not take emergency finance actions beyond the scheduled transfer; staff said remaining transfers will follow investment maturities and standard reimbursement procedures.