Complete Document - City of Auburn

City of AuburnDetail of Internal Service FundsEmployee Liability Total-AllBenefit/Self Risk BudgetedInsurance Retention Internal ServiceFund Fund FundsFY 03 BudgetRevenuesCharges for ServicesEmployer premiums $ 654,200 $ - $ 654,200Employee premiums 961,357 - 961,357Other revenuesInterest 42,500 - 42,500Total revenues 1,658,057 - 1,658,057Other financing sources (OFS)Transfers in from other funds - 632,863 632,863Total revenues and OFS 1,658,057 632,863 2,290,920ExpendituresGeneral OperationsClaims payments 905,000 120,000 1,025,000Insurance premiums 270,900 257,100 528,000Administrative fees 73,500 - 73,500Total expenditures 1,249,400 377,100 1,626,500Other financing uses (OFU)Transfers to other funds1,502,041 - 1,502,041Total expenditures and OFU 2,751,441 377,100 3,128,541Excess of resources over (under) uses (1,093,384) 255,763 (837,621)Fund equity, October 1, 2002^ 1,258,452 800,605 2,059,057Projected Fund Equities, Sep 30, 2003$ 165,068 $ 1,056,368 $ 1,221,436FY 04 BudgetRevenuesCharges for ServicesEmployee premiums $ 656,700 $ - $ 656,700City premiums 971,807 - 971,807Other revenuesInterest 42,500 - 42,500Total revenues 1,671,007 - 1,671,007Other financing sources (OFS)Transfers in from other funds - 390,600 390,600Total revenues and OFS 1,671,007 390,600 2,061,607ExpendituresGeneral OperationsClaims payments 989,500 130,000 1,119,500Insurance premiums 279,100 260,600 539,700Administrative fees 77,000 - 77,000Total expenditures 1,345,600 390,600 1,736,200Other financing uses (OFU)Transfers to other funds325,407 5,000 330,407Total expenditures and OFU 1,671,007 395,600 2,066,607Excess of resources over (under) uses - (5,000) (5,000)Projected Fund Equities, Sep 30, 2003Projected Fund Equities, Sep 30, 2004165,068 1,056,368 1,221,436$ 165,068 $ 1,051,368 $ 1,216,436^FY 02 ending fund equity amounts have been updated from ordinance amounts to reflect unaudited actual amounts.270