The Workers' Compensation Fund accounts for transactions of a self-insured workers' compensation plan for City employees.
Pro Forma Schedule of Working Capital Position
- Fiscal Year 2021-22 beginning Amended Budget is adjusted for actual audited amounts, encumbrances, and Council approved budget amendments.
- The discrepancy between Total Revenue and Total Expenses will be funded with Working Capital (excess amount over the minimum Working Capital requirement).
Revenues vs Expenses
- Interest Income decreased due to current conditions.
- Health increase mainly due to increase in claims.
- Transfers decreased due to last year transfer back due to excess in working capital.