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 ‐ September 2024
BOE Town Balance
Balance 08/31/24 2,437,059.33 (158,379.27) 2,278,680.06
Employer Contribution* 814,499.00 93,607.50
Sewer & Water 6,033.90
Café 9,404.45
Employee Contributions** 159,056.04 21,358.53
Interest 6,243.31 0.00
Employer HSA contributions (129,375.00)
HSA contribution returned (reissued Oct) 1,125.00
Third Party Admininstrator Fees (Oct) (4,217.00) (925.00)
Administrative Costs (85,042.64) (12,003.20)
Claims (thru 9/30/24) (373,112.38) (96,279.98)
Balance 9/30/24 2,835,640.11 (146,587.52) 2,689,052.59
* 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