Discussion and possible to approve the Terms of Engagement and Addendum for Actuarial Services between Webb County and Lewis and Ellis at a cost of Ten Thousand Seven Hundred Fifty Dollars ($10,750.00) for the fiscal year ending on September 30, 2026, and Seven Thousand Seven Hundred Fifty Dollars ($7,750.00) for the fiscal year ending on September 30, 2027. The actuarial analysis will encompass t

Staff Report & Agenda Item Details

Discussion and possible to approve the Terms of Engagement and Addendum for Actuarial Services between Webb County and Lewis and Ellis at a cost of Ten Thousand Seven Hundred Fifty Dollars ($10,750.00) for the fiscal year ending on September 30, 2026, and Seven Thousand Seven Hundred Fifty Dollars ($7,750.00) for the fiscal year ending on September 30, 2027. The actuarial analysis will encompass the post-employment health plan and Incurred But Not Report (IBNR) reserves for Webb County's medical, prescription and dental plans. [Account #6300-1090-001-432001] Issue: Governmental account reporting needed by the Auditors' office on a yearly basis. Solution: Approval by the Court to accept Lewis & Ellis as actuaries to provide the report will enable Risk Management to return in report on a timely basis. Result : Report will be submitted to the court and the Auditors' office by the end of this year.

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.1/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.