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THE CITY OF SOUTH BEND
<br />2007 BUDGET - SUMMARY OF MAJOR CHANGES FROM 2006
<br />INTERNAL SERVICE FUND -SELF-FUNDED EMPLOYEE BENEFITS (Fund #711)
<br />REVENUE:
<br />Employer (City Funds) Contributions -Health Insurance
<br />Employer (City Funds) Contributions -Life Insurance & L!T Disability
<br />Employer (City Funds) Contributions - $500 Cafeteria/Flex Account
<br />Employee Contributions -Health Insurance
<br />Police & Fire Retiree Contributions -Health Insurance -Employee
<br />Police & Fire Retiree Contributions -Health Insurance -Employer
<br />COBRA Contributions -Health Insurance
<br />Reimbursements from Employees -Vision & Dental Coverage*
<br />Reimbursements from Employees -Dependent Care*
<br />Reimb. from Police & Fire Retirees -Medicare Supplemental*
<br />Other Reimbursements & Refunds
<br />Interest on Investments
<br />Total Revenue
<br />Total Revenue Increase/(Decrease)
<br />Revenue Increase/(Decrease) as a Percent
<br />EXPENDITURES:
<br />Personnel Costs:
<br />Salaries
<br />Benefits
<br />Total Personnel Costs
<br />Supplies
<br />Services (Department only):
<br />Education & Training
<br />Other Misc Services
<br />Total Services (Department only)
<br />Services (Citywide):
<br />Health Costs Paid Through Third Party Administrator (TPA)
<br />Health Costs for Individuals Not Covered by Specific Stop Loss
<br />Third Party (TPA) Administration Fees
<br />Health Costs -Specific Stop Loss Premium
<br />Select Health Network Provider Fee
<br />Consultant Fees
<br />Short Term Disability
<br />Long Term Disability
<br />Life Insurance
<br />Employee Assistance Program
<br />Cafeteria Benefits Paid (Flex Acct) -excluding Vision/Dental
<br />Vision & Dental (Flex Acct plus employee reimbursement)*
<br />Dependant Care (reimbursed)*
<br />Police & Fire Retirees Medicare Supplemental (reimbursed)*
<br />Total Services (Citywide)
<br />Other Uses:
<br />Admin Fees (General Fund)
<br />Total Other Uses
<br />Total Expenditures
<br />Total Expenditures Increase/(Decrease)
<br />Expenditures Increase/(Decrease) as a Percent
<br />Revenue Over/(Under)Expenditures
<br />2005 2006 2006 Anticipated 2007
<br />Actual Projection Budget Changes Budget
<br />8,877,144 10,599,517 9,930,590 207,722 a 10,138,312
<br />307,007 312,868 302,856 0 a 302,856
<br />616,375 616,375 582,500 17,500 b 600,000
<br />1,158,263 1,351,620 1,331,448 308,380 a 1,639,828
<br />160,889 159,800 229,020 21,954 250,974
<br />56,722 96,000 230,240 312,737 542,977
<br />53,803 51,483 27,722 12,278 40,000
<br />237,641 262,622 460,298 32,702 493,000
<br />31,935 37,353 23,700 0 23,700
<br />14,748 5,524 30,000 0 30,000
<br />48,345 120,000 0 0 0
<br />61,414 75,904 45,000 30,000 75,000
<br />11,624,286 13,689,066 13,193,374 943,273 14,136,647
<br />943,273
<br />7.1
<br />2005 2006 2006 Salary Other 2007 % of
<br />Actual Projection Budget Supplemental Changes Budget Change
<br />71,981 76,732 82,191 750 (41,006) c 41,935
<br />18,444 20,473 21,168 99 (7,800) 13,467
<br />90,425 97,205 103,359 849 (48,806) 55,402 -46.4%
<br />2,891 2,300 7,612
<br />7,612 0.0%
<br />3,589 3,500 3,500 0 0 3,500
<br />4,617 4,380 4,100 0 5,000 9,100
<br />8,206 7,880 7,600 0 5,000 12,600 65.8%
<br />8,181,106 9,020,762 9,450,000 0 1,350,000 d 10,800,000
<br />333,028 750,000 750,000 0 (150,000)f 600,000
<br />198,173 210,938 244,000 0 232,661 e 476,661
<br />646,712 604,937 820,413 0 (590,413) e 230,000
<br />24,238 25,836 38,000 0 (38,000) 0
<br />48,744 79,400 89,500 0 500 90,000
<br />37,547 33,309 55,000 0 0 55,000
<br />43,192 46,049 62,000 0 0 62,000
<br />139,418 134,878 197,340 0 0 197,340
<br />32,000 32,000 32,000 0 0 32,000
<br />558,685 595,169 565,000 0 0 565,000
<br />404,754 469,186 460,298 0 32,702 e 493,000
<br />36,380 33,001 23,700 0 0 23,700
<br />17,809 14,160 30,000 0 0 30,000
<br />10,701,786 12,049,625 12,817,251 0 837,450 13,654,701 6.5%
<br />237,668 254,040 254,040 0 43,627 297,667
<br />237,668 254,040 254,040 0 43,627 297,667
<br />11,040,976 12,411,050 13,189,862 849 837,271 14,027,982
<br />838,120
<br />6.4
<br />583,310 1,278,016 3,512 108,665
<br />The City provides an opportunity for its employees to purchase additional insurance/benefits that are fully reimbursed by the employee. Expenditures
<br />relating to all costs that are reimbursed are recorded as both revenue and expenditures on a "gross" basis.
<br />NOTES:
<br />a -These 3 line items reflect the actual fund charge (employer portion) and employee contribution based upon the current mix between family, single and
<br />no insurance. Each fund is charged for its employees' coverage (employer's portion) plus cost per employee for life insurance, long term disability
<br />and admin costs.
<br />b -Assumes 1,200 employees are eligible for Flex Spending Account contributions of $500 per employee.
<br />c -Represents the elimination of two positions (Benefits Manager & Personal Specialist III) and the additional allocation of one Personal Specialist IV as
<br />well as the Assistant Human Recourses Director. Both these positions are allocated with the Controller's division.
<br />d -Reflects an 14 % projected increase in estimated total claims to be paid in 2007.
<br />e -Represents an adjustment to more accurately reflect the current and/or anticipated level of revenue/expenditure for 2007.
<br />f -Reflects the anticipated decrease for employees' that have been excluded from the City's Specific Stop Loss insurance policy.
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