|
Revenue and Expense Summary
<br />LEOFF 1 Self -Insured Healthcare Plan
<br />Operating Expenses
<br />Insurance Program Costs
<br />Professional Services
<br />Other Expenses
<br />374,959
<br />-
<br />-
<br />Actual
<br />288,486
<br />1,750
<br />-
<br />479,500
<br />5,000
<br />500
<br />Budget
<br />441,784
<br />5,000
<br />500
<br />Percent Change
<br />2020
<br />2021
<br />Projected
<br />2022
<br />2022
<br />2023
<br />2024
<br />2022-2023 2023-2024
<br />Operating Revenue
<br />Investment Earnings
<br />Employer Trust Contributions
<br />21,631
<br />254,868
<br />405
<br />270,249
<br />439
<br />295,755
<br />1,000
<br />435,000
<br />500
<br />350,000
<br />500
<br />350,000
<br />-50.0%
<br />-19.5%
<br />0.0%
<br />0.0%
<br />Total Operating Revenue
<br />276,499
<br />270,654
<br />296,194
<br />436,000
<br />350,500
<br />350,500
<br />-19.6%
<br />0.0%
<br />Operating Expenses
<br />Insurance Program Costs
<br />Professional Services
<br />Other Expenses
<br />374,959
<br />-
<br />-
<br />331,071
<br />-
<br />-
<br />288,486
<br />1,750
<br />-
<br />479,500
<br />5,000
<br />500
<br />426,296
<br />5,000
<br />500
<br />441,784
<br />5,000
<br />500
<br />-11.1%
<br />0.0%
<br />0.0%
<br />3.6%
<br />0.0%
<br />0.0%
<br />Total Operating Expenses
<br />374,959
<br />331,071
<br />290,236
<br />485,000
<br />431,796
<br />447,284
<br />-11.0%
<br />3.6%
<br />Indirect Cost Allocation
<br />-
<br />11,920
<br />12,040
<br />12,040
<br />12,642
<br />13,274
<br />5.0%
<br />5.0%
<br />Total Expenses
<br />374,959
<br />342,991
<br />302,276
<br />497,040
<br />444,438
<br />460,558
<br />-10.6%
<br />3.6%
<br />Beginning Fund Balance
<br />435,054
<br />336,595
<br />264,258
<br />264,258
<br />258,176
<br />164,238
<br />-2.3%
<br />-36.4%
<br />Change in Fund Balance
<br />(98,459)
<br />(72,336)
<br />(6,082)
<br />(61,040)
<br />(93,938)
<br />(110,058)
<br />53.9%
<br />17.2%
<br />Ending Fund Balance
<br />$ 336,595
<br />$ 264,258
<br />$ 258,176
<br />$ 203,218
<br />$ 164,238
<br />$ 54,180
<br />-19.2%
<br />-67.0%
<br />Unrestricted
<br />336,595
<br />264,258
<br />258,176
<br />203,218
<br />164,238
<br />54,180
<br />-19.2%
<br />-67.0%
<br />IBNR Reserve
<br />137,500
<br />82,500
<br />63,905
<br />137,500
<br />76,585
<br />80,337
<br />-44.3%
<br />4.9%
<br />20
<br />
|