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Board of Education and Town
coLCSIER Monthly Health Insurance Reserve Report
PUBLIC SCHOOLS
Cash Flow Analysis - July 2023
BOE Town
Balance 06/30/23 3,725,590.05 (367,793.95)
June Employer*
July Sewer & Water
June Café Employee Contribution
July Employee Contributions** 29,278.65 15,274.06
July interest 7,509.97 0.00
Employer HSA contributions (18,500.00) (15,875.00)
Third Party Admininstrator Fees (3,970.00) (872.00)
Administrative Costs (199.20) (50.40)
Stop loss claims reimbursement 0.00 0.00
July claims (thru 7/31/23) (372,592.44) (79,581.54)
Balance 7/31/23 3,367,117.03 (448,898.83)
Balance
3,357,796.10
2,918,218.20
* 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