Complete Document - City of Auburn

City of AuburnEmployee Benefit Self-Insurance FundComparative Revenues, Expenditures and Changes in Fund BalancesActualFive YearBudgeted^ (Unaudited) Actual (Audited) PercentFY 04 FY 03 FY02 FY01 FY00 ChangeRevenues:Charges for ServicesEmployer premiums $ 656,700 $ 654,200 $ 657,324 $ 767,026 $ 524,138 25.29%Employee premiums 971,807 961,357 628,445 464,188 605,671 60.45%Other revenuesInterest 42,500 42,500 52,985 77,444 56,334 -24.56%Claims reimbursement - - 1,657 - - n/aTotal revenues 1,671,007 1,658,057 1,340,411 1,308,658 1,186,143 40.88%Other financing sources (OFS):Transfers in from other funds - - - 26,990 -100.00%Total revenues and OFS 1,671,007 1,658,057 1,340,411 1,308,658 1,213,133 37.74%Expenditures:General OperationsClaims payments989,500 905,000 835,183 877,026 773,570 27.91%Insurance premiums 279,100 270,900 260,635 252,880 199,209 40.10%Administration fees 77,000 73,500 69,605 67,954 62,761 22.69%Total Expenditures 1,345,600 1,249,400 1,165,423 1,197,860 1,035,540 29.94%Other financing uses (OFU):Operating transfers to other funds 325,407 1,502,041 442,300 - - n/aTotal expenditures and OFU 1,671,007 2,751,441 1,607,723 1,197,860 1,035,540 61.37%Excess of revenues and other sourcesover expenditures and other uses - (1,093,384) (267,312) 110,798 177,593 -100.00%Fund equity, beginning of year 165,068 1,258,452 1,525,764 1,414,966 1,237,373 -86.66%Fund equity, end of year $ 165,068 $ 165,068 $ 1,258,452 $ 1,525,764 $ 1,414,966 -88.33%^ Beginning and ending fund equities for budgeted years have been updated from budget ordinance amounts to reflect actualunaudited ending fund equity at September 30, 2002.272