2008-2009 - Saginaw County

FUND: 698 EMPLOYEE BENEFITS
ACTIVITY: 85300 LIFE INSURANCE
SAGINAW COUNTY 2009 BUDGET
DESCRIPTION:
THIS ACTIVITY CURRENTLY ACCOUNTS FOR LIFE INSURANCE COVERAGE FOR
639 EMPLOYEES AND 345 RETIREES. THE COUNTY FULLY INSURES THIS COVERAGE
WITH A COMMERCIAL CARRIER CHOSEN THROUGH REGULAR COMPETITIVE BIDDING.
IN ADDITION, 220 EMPLOYEES VOLUNTARILY PURCHASE SUPPLEMENTAL LIFE
INSURANCE COVERAGE FOR THEMSELVES AND THEIR DEPENDENTS THROUGH PAYROLL
DEDUCTION.
EXPENDITURES
AMOUNT PERCENT
CATEGORY ACTUAL BUDGET BUDGET INC/DEC INC/DEC
2007 2008 2009 08-09 08-09
B) EMPLOYEE FRINGE BENEFITS $127,913 $126,000 $132,000 6,000 4.76
___________ __________ __________ __________ ________
TOTAL $127,913 $126,000 $132,000 6,000 4.76
REVENUES
AMOUNT PERCENT
SOURCE ACTUAL BUDGET BUDGET INC/DEC INC/DEC
2007 2008 2009 08-09 08-09
X) REIMBURSEMENTS $117,958 $126,000 $132,000 6,000 4.76
__________ __________ __________ __________ ________
TOTAL $117,958 $126,000 $132,000 6,000 4.76
FUND: 698 EMPLOYEE BENEFITS
ACTIVITY: 85400 DENTAL INSURANCE
DESCRIPTION:
THIS ACTIVITY ACCOUNTS FOR THE DENTAL BENEFITS OF 597 EMPLOYEES
AND THEIR ELIGIBLE DEPENDENTS, THE PROGRAM IS SELF FUNDED BY THE
COUNTY USING THE SERVICES OF A THIRD PARTY ADMINISTRATOR FOR CLAIM
PROCESSING SERVICES.
EXPENDITURES
AMOUNT PERCENT
CATEGORY ACTUAL BUDGET BUDGET INC/DEC INC/DEC
2007 2008 2009 08-09 08-09
B) EMPLOYEE FRINGE BENEFITS $585,992 $555,000 $540,000 -15,000 -2.70
D) OTHER SERVICES & CHARGES 23,972 24,000 23,000 -1,000 -4.17
___________ __________ __________ __________ ________
TOTAL $609,964 $579,000 $563,000 -16,000 -2.76
REVENUES
AMOUNT PERCENT
SOURCE ACTUAL BUDGET BUDGET INC/DEC INC/DEC
2007 2008 2009 08-09 08-09
M) INTEREST EARNED $3,630 0 0.00
X) REIMBURSEMENTS 588,556 579,000 563,000 -16,000 -2.76
__________ __________ __________ __________ ________
TOTAL $592,186 $579,000 $563,000 -16,000 -2.76
392