Fiscal Year 2013 Recommended Budget Book - Lake County

Department: Human ResourcesProgram: Employee Group BenefitsActual Adopted Estimated BudgetExpenditures/Positions FY 2011 FY 2012 FY 2012 FY 2013Expenditures by CategoryPersonal Services $ - $ - $ - $ -Operating 9,761,075 12,444,741 12,433,961 13,308,950Capital Outlay - - - -Subtotal Operating Expenditures $ 9,761,075 $ 12,444,741 $ 12,433,961 $ 13,308,950Capital Improvements - - - -Debt Service - - - -Grants and Aids - - - -Transfers 149,208 148,919 148,919 156,523Reserves - 7,862,234 - 5,164,658Total Operating Expenditures $ 9,910,283 $ 20,455,894 $ 12,582,880 $ 18,630,131Service Charge Reimbursements - - - -Net Expenditures $ 9,910,283 $ 20,455,894 $ 12,582,880 $ 18,630,131Expenditures by FundEmployee Group Benefits $ 9,910,283 $ 20,455,894 $ 12,582,880 $ 18,630,131Total Expenditures $ 9,910,283 $ 20,455,894 $ 12,582,880 $ 18,630,131Number of Full Time Positions - - - -Number of Part Time Positions - - - -Number of Full Time Equivalent Positions - - - -Highlights:Operating Expenses for Fiscal Year 2013 includes $525,400 for insurance premiums for life, accidental death anddismemberment, dental, long-term disability, and the employee assistance program. Administrative fees are budgeted at$1,189,800 for costs associated with administering the County health insurance plan, and stop-loss premiums. Medical claims areestimated to increase 6.5%, and are budgeted at $11,585,000 for Fiscal Year 2013. Employee contributions for participation inthe medical and dental plans remain the same as Fiscal Year 2012.Transfers for Fiscal Year 2013 includes $156,523, which provides a portion of the funding for the Risk and BenefitsAdministration. Funds are used for administration and operating costs associated with the County's insurance funds. The balanceof funding for Risk and Benefits Administration is transferred from the Property and Casualty Fund.Reserves for Fiscal Year 2013 include $36,800 in purchase order carry-forwards, and $5,127,858 available for operations. Theactuarial report dated September 30, 2011, concluded that reserve funding would be actuarially adequate at $2,718,000.G - 13