Colchester, Connecticut

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https://www.colchesterct.org/monthly-financials

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Board of Education and Town
                            Monthly Health Insurance Reserve Report
                                   Cash Flow Analysis ‐ May 2025
                                             BOE              Town            Balance

Balance 4/30/25                           1,389,556.22        19,731.96     1,409,288.18

Employer Contribution*                      303,550.45       129,732.62

Employee Contributions**                    149,961.55        23,874.54
Interest                                      3,005.14           226.19

Employer HSA contributions
Third Party Admininstrator Fees              (4,234.50)        (1,024.00)

Administrative Costs                        (86,934.94)      (13,038.24)
Claims (thru 5/31/25)                      (679,014.62)      (75,039.75)

Balance 5/31/25                           1,075,889.30        84,463.32     1,160,352.62

* 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