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THE CITY OF SOUTH BEND
<br />2004 BUDGET •~ SUMMARY OF MAJOR CHANGES FROM 2003
<br />INTERNAL SER'.VICE FUND -SELF-FUNDED EMPLOYEE BENEFITS (Fund #711)
<br /> 2002 2003 2003 4nticipated 2004
<br />
<br />REVENUE: Actual Actual Budget Changes Budget
<br />Employer (City Funds) Contributions -Health Insurance 5.461,895 5,541,880 5,346,888 3,485,120 a 8
<br />832
<br />008
<br />Employer (City Funds) Contributions -Life Insurance 8 UT Disability 139,906 258,959 261,648 (816) a ,
<br />,
<br />260
<br />832
<br />Employer (City Funds) Contributions • $500 Cafeteria/Flex Account 635,875 623,875 611,000 (22,000) b ,
<br />589
<br />000
<br />Employee Contributions -Health Insurance 710,793 893,071 901,121 111,775 a ,
<br />1
<br />012
<br />896
<br />Police & Fire Retiree Contributions -Health Insurance 152,904 164,677 308,945 92,506 ,
<br />,
<br />401
<br />451
<br />COBRA Contributions -Health Insurance 23,867 34,165 25,000 0 ,
<br />25
<br />000
<br />Reimbursements from Employees -Vision 8 Dental Coverage' 204,089 231,012 398,922 16,078 ,
<br />415
<br />000
<br />Reimbursements from Employees -Dependent Care' 16,072 33,867 26,000 (3,000) c ,
<br />23,000
<br />Reimbursements from Police & Fire Retirees -Medicare Supplemen' 42,550 33,615 44,822 178 c 45
<br />000
<br />Other Reimbursements & Refunds 13,613 3,468 20,000 (20,000) d ,
<br />0
<br />Interfund Transfer 800,000 2,000,000 0 0 0
<br />Interest on Investments 8,999 0 25,000 (25,000)d p
<br />Total Revenue 8,210.563 9.818,589 7,969,346 3,634 841 11,604,187
<br />To[al Revenue Increase/(Decrease) 3834 841
<br />Revenue Increase/(Decrease) as a Percent 45.6%
<br /> 2002 2003 2003 Salary Insurance Other 2004 % of
<br /> Actual Actual Budget Ordinance Increase Changes Budget Change
<br />EXPENDITURES:
<br />Personnel Costs:
<br />Salaries 67,773 66,245 78,164 2,979 ~ ,., 0~'.. 81,143
<br />Benefits 13,900 14,134 15,671 347 2,763 19,357
<br />Total Personnel Costs 81,673 80,379 93,835 3,326 2,763 ,, 100,500 7.1%
<br />Supplies 2,554 5,374 7,612 0 0 - - 0 7,612 0.0%
<br />Services (Department only):
<br />Education 8 Training 3,421 2,459 3,500 0 0 0 3,500
<br />Other Misc Services 4,022 4,710 4,500 0 - 0 0 4,500
<br />Total Services (Department only) 7,443 7,169 8,000 ~ 0 _ ~ 0 0 8,000 0.0%
<br />Services (Citywide):
<br />Health Costs Paid Through Third Party Administrator (TPA) 8,148,008 7,489,571 5,088,537 0 0 3,861,463 a 8,950,000
<br />Health Costs for Individuals Not Covered by Specific Stop Loss 468,775 223,957 250,000 0 0 0 250,000
<br />Thirtl Party (TPA) Administration Fees 173,047 158,712 190,000 0 0 (13,500) d 176,500
<br />Health Costs -Specific Stop Lass Premium 499,152 407,651 694,557 0 0 (180,381) d 514,176
<br />Select Health Network Provider Fee 57,045 49,856 57,046 0 0 0 57,046
<br />Consultant Fees 44,564 53,968 55,568 0 0 (10,568) 45,000
<br />Short Term Disability 76,902 77,657 65,000 0 0 0 d 65,000
<br />Long Term Disability 31,475 42,321 60,000 0 0 (12,000) 48,000
<br />Lifelnsurance 129,883 119,341 190,000 0 0 (34,000)d 156,000
<br />Employee Assistance Program 29,000 29,000 29,000 0 0 0 29,000
<br />Cafeteria Benefits Paid (Flex Acct) -excluding Vision/Dental 477,070 536,400 525,000 0 0 0 525,000
<br />Vision 8 Den[al (Flex Acd plus employee reimbursement)' 341,408 385,850 418,922 0 0 (3,922) d 415,000
<br />Dependant Care (reimbursed)' 11,974 31,794 26,000 0 0 (2,300) c 23,700
<br />Police 8 Fire Retirees Medicare Supplemental (reimbursed)' 43,730 42,993 44,822 0 0 178 c 45,000
<br />Total Services (Citywide) 8,532,033 9,849,071 7,694,452 0 0 3,604,970 11,299,422 46.9%
<br />Other Uses:
<br />Admin Fees (General Fund) 132,387 162,548 162,548 0 0 6,401 168,949
<br />Total Other Uses 132,387 162,548 182,548 0 0 6,401 188,949
<br />Total Expenditures 8,756,090 8,904,541 7,968,447 3,328 2.783 3,611,947 11,584,483
<br />Total Expenditures Increase/(Decrease) 3,818,036
<br />Expenditures Increase/(Decrease) as a Percent 45.4%
<br />Revenue Over/(Under)Expenditures (545 527) (85,952) 2.899 19,704
<br />'The City provides an opportunity for its employees to purchase additional insurance/benefits that are fully reimbursed by the employee. Expenditures relating to all costs
<br />that are reimbursed are recorded as both revenue and expenditures on a "gross" basis.
<br />NOTES:
<br />a -Assumes 1,284 employees (5 % vacancy rate for 1,358 budgeted FTE's) with 1,113 partidpating in the City's self-insurance health program. These 3 line items refled the actual
<br />fund charge (employer portion) and employee contribution based upon the current mix between family, single and no insurance. Each fund is charged for its employees' health
<br />coverage (employer's portion) plus cost per employee for life insurance, long term disability and admin costs. The fund charges increased approximately 76 % for health
<br />coverage.
<br />b -Assumes 1,178 employees (90 % of budgeted FTE's) are eligible for Flex Spending Account contributions of $500 per employee.
<br />c -The "pass through costs" (i.e. reimbursed by employees) increases are reflected in both the revenue and expenditure line items. (see' above)
<br />d -Represents an adjustment to more accurately refled the cunent andlor antidpated level of revenue/expenditure for 2004
<br />e -Reflects an 76 % projected decrease in total claims to be paid in 2004.
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