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2013-2016 Technology Plan - Osceola County School District

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FUND 700<br />

INTERNAL SERVICE FUND BUDGET<br />

This fund records the premium revenue and expenditures associated with the<br />

<strong>District</strong>’s self-insured group health and life insurance program and casualty insurance<br />

programs.<br />

The premium revenue in the Health & Life Insurance Trust Fund is from Board<br />

contributions for employee coverage, deductions for dependent coverage, and<br />

contributions by retirees for post-employment coverage. The expenditures of this<br />

fund are for claims payments, insurance premiums, and professional/technical<br />

services.<br />

The <strong>District</strong> maintains a stand-alone insurance program for workers compensation<br />

and property casualty. The <strong>District</strong> is also self-insured for auto and general liability<br />

risk. All of these are accounted for in a separate casualty internal service fund.<br />

<strong>2013</strong> Educational <strong>Technology</strong> <strong>Plan</strong> 79/91 <strong>School</strong> <strong>District</strong> of <strong>Osceola</strong> <strong>County</strong> Florida

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