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Board of Education and Town
Monthly Health Insurance Reserve Report
Cash Flow Analysis - April 2024
BOE Town Balance
Balance 3/31/24 3,316,393.84 (284,406.16) 3,031,987.68
April Employer* 134,146.50
April Sewer & Water
April Café Employee Contribution 8,852.07
April Employee Contributions** 137,892.66 21,376.98
April interest 7,698.52 0.00
Employer HSA contributions (17,125.00)
Third Party Admininstrator Fees (4,258.00) (904.50)
Milliman OPEB 7/1/21
Milliman GASB 74/75 FY 2020
Administrative Costs (68,766.65) (14,919.81)
Stop loss claims reimbursement
April claims (thru 4/30/23) (361,148.27) (39,357.55)
Balance 4/30/24 3,036,664.17 (201,189.54) 2,835,474.63
* The employer portion is determined at the start of year and divided by 12 so each month
the contribution will be the same.
** Employees portion of the health insurance premium collected for the month