State Audit Finds that Sullivan County Self-Insurance Fund Ran Deficit

A state audit of finances for Sullivan County, Tennessee, found that the county’s Self-Insurance Fund had a deficit in unrestricted net position last June, according to a report in the Kingsport Times-News. The same audit also found that the county’s employee health insurance fund was running a deficit of more than $610,000. The county’s Self-Insurance Fund is used to account for its general liability, property, casualty and workers’ compensation programs, according to the audit. On June 30, the fund was showing a deficit of $22,117. “This deficit existed even a...