Audit: Harvey caused $5.2 million in damage to Victoria County
County commissioners reviewed the county's comprehensive annual financial report for the year ending
The latest information from the county's insurance carrier estimates the damage from the hurricane in 2017 at
The report was presented by
County commissioners have prioritized keeping a sizable fund balance in reserves to use for unexpected costs, such as Hurricane Harvey, he said.
"That's why we have the fund balance like we do, because
The county's total fund balance did decrease last year, but commissioners noted that the decrease was planned so funds could be transferred to the
The report showed that the county still has a "very healthy" fund balance, even after the area was battered by Hurricane Harvey, Van Manen said.
Commissioners also recognized county employee
___
(c)2018 Victoria Advocate (Victoria, Texas)
Visit Victoria Advocate (Victoria, Texas) at www.victoriaadvocate.com
Distributed by Tribune Content Agency, LLC.


Flood insurance program extended, for now
WellCare Reports Second Quarter 2018 Results
Advisor News
- U.S. debt hits $40 trillion: how to support concerned clients
- Flourish brings private-bank-like cash solution to MassMutual’s network
- Majority of Americans concerned recent market highs are unsustainable
- GLP-1 users choose between medication and retirement saving
- Gen X and millennials seek new retirement model
More Advisor NewsAnnuity News
- Corebridge Financial Introduces Progressive Trigger, a First-of-Its-Kind Index Annuity Strategy Designed to Turn Missed Years into Future Opportunity
- Insurer proposes $1.1M deal to resolve CA teachers’ annuity fee lawsuit
- IMOs get frustrated with slow carrier adoption of faster technology
- New class-action lawsuit targets Delaware Life over annuity disclosures
- A client remarried: Does their annuity still fit?
More Annuity NewsHealth/Employee Benefits News
Life Insurance News