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 2024
BOE Town Balance
Balance 11/30/24 2,670,934.66 (79,000.46) 2,591,934.20
Employer Contribution* 294,146.00
Sewer & Water
Café 9,404.45
Employee Contributions** 158,105.35 21,936.36
Interest 6,514.82 0.00
Employer HSA contributions (111,531.25) (225.00)
HSA contribution reversed (BOE misc PR) 1,562.50
Third Party Admininstrator Fees (Dec) (4,141.00) (988.50)
Third Party Admininstrator Fees (Jan, paid Dec) (4,254.50) (988.50)
Administrative Costs (87,642.97) (12,511.09)
Claims (thru 12/31/24) (602,227.64) (60,471.72)
Balance 12/31/24 2,330,870.42 (132,248.91) 2,198,621.51
* 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