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 ‐ December 2023
BOE Town Balance
Balance 11/30/23 4,147,454.78 (761,961.73) 3,385,493.05
December Employer* 320,353.50
December Sewer & Water
December Café Employee Contribution 8,852.07
December Employee Contributions** 161,424.37 16,173.92
December interest 7,797.04 0.00
Employer HSA contributions (106,053.75)
Third Party Admininstrator Fees (4,444.50) (881.50)
Administrative Costs (11,639.25) (15,043.80)
Stop loss claims reimbursement 72.60
December claims (thru 12/31/23) (465,555.85) (99,917.69)
Balance 12/31/23 4,058,188.41 (861,558.20) 3,196,630.21
* 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