Machine-extracted text of a publicly
posted document, provided for reference and search. The original document at
the link above is authoritative.
Board of Education and Town
Monthly Health Insurance Reserve Report
Cash Flow Analysis - March 2023
BOE Town Balance
Balance 2/28/23 4,534,358.99 (372,084.15) 4,162,274.84
March Employer* 308,450.00 182,700.00
March Sewer & Water 12,002.58
March Café Employee Contribution
March Employee Contributions ** 134,370.82 16,960.46
March interest 7,078.41 0.00
Employer HSA contributions (106,906.25) (900.00)
Third Party Admininstrator Fees (4,415.00) (847.00)
Administrative Costs (71,221.29) (14,830.56)
Stop loss claims reimbursement
March claims (thru 3/31/23) (351,847.06) (73,016.35)
Balance 3/31/23 4,449,868.62 (250,015.02) 4,199,853.60
* The employer portion is determined at the start of year and divided by 12 so each month
the contribution will be the same.
** Employees portion of the health insurance premium collected for the month