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 ‐ October 2023
BOE Town Balance
Balance 09/30/23 3,486,907.55 (491,583.59) 2,995,323.96
May Employer 225,000.00
October Employer* 320,353.50
October Sewer & Water
October Café Employee Contribution 8,852.07
October Employee Contributions** 119,201.07 15,704.66
October interest 5,609.21 0.00
Employer HSA contributions (2,406.25) (14,575.00)
Third Party Admininstrator Fees (219.50) 0.00
Administrative Costs (68,950.69) (12,545.61)
Stop loss claims reimbursement
October claims (thru 10/31/23) (348,877.98) (174,857.14)
Balance 10/31/23 3,745,468.98 (677,856.68) 3,067,612.30
* 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