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CO UNTY OF JEFFERSON
STATE OF WASHINGTON
In the Matter of }
Establishment of an}
Industrial Insurance}
Reserve Fund }
RESOLUTION NO. 32-92
WHEREAS, the Jefferson County Board of Commissioners entered into an
agreement in 1989 to join Washington State Association of Counties (WSAC) Industrial
Insurance Retrospective Rating Pool; and,
WHEREAS, the County pays out or receives reimbursements from the Risk Pool
based on premium costs above or below the amount necessary for injuries to county
employees; and,
WHEREAS, the retrospective rating group issued the County a refund for the
twelve month period from April 1989 to March 1990; and,
WHEREAS, it appears to the Board of County Commissioners that it is necessary
to establish a fund for the Industrial Insurance Reserve, and that a budget be established
in the amount of six thousand dollars ($6,000) for administrative costs.
NOw, THEREFORE BE IT RESOLVED, that the Board of County
Commissioners of Jefferson County have determined that it is in the best interest of
Jefferson County that such a fund be established and that and any excess costs for the
Retrospective Rating Pool be paid from this fund.
BE IT FURTHER RESOLVED, that the County Treasurer is hereby authorized
to establish a fund to be known as the INDUSTRIAL INSURANCE RESERVE FUND
(#504,000.010). The County Auditor is hereby authorized to disburse funds from the
said account as directed by the Board of County Commissioners.
APPROVED AND S1 GNED this IDay of ~. L 19~
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JEFFERSON COUNTY
BOARD OF COMMISSIONERS
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ATTEST:
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Lorna Delaney, (f
Clerk of the Board
VOL
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