§ 10-9-104. FINANCING THE FUND.  


Latest version.
  • (a)

    Annual appropriation. Each year, the county shall appropriate and pay to the Fund an amount which is sufficient to pay the county's estimated cost of all payments the Fund is projected to pay and the estimated cost of claims incurred but which will not be reported during the forthcoming fiscal year, adjusted for excess or deficient funds at the preceding year's end.

    (b)

    Determination of excess and deficient funds. In consultation with appropriate county agencies and advisors, the Director of Budget and Finance shall make the determination of excess or deficient funds in the Health Insurance Fund.

(1988 Code, § 15-298) (Bill No. 77, 1991, § 1, 7-1-1991; Bill No. 141-93, § 1, 11-22-1993; Bill No. 69-95, § 6, 7-1-1995; Bill No. 49-96, § 9, 7-1-1996; Bill No. 83-00, § 2, 7-1-2004)