HomeMy WebLinkAboutC.054.93009_1298 (2)1996-97 FINANCIAL PLAN
HEALTH CARE BENEFITS
Fund 053
Iredell County, North Carolina
Section 1. It is estimated that the following revenues will
bbe eginningbJulynthe 1, 1996alth Care and endingeJunets Fund or the fiscal year
30, 1997
Interest on Investments 52,000
Contribution from Employer 1,132,800
Contribution from Employees 261,970
Non-employee charges 13,230
TOTAL REVENUES 1.460.500
Section 2. It is estimated that the following expenditures
will be made
t 1996 he nith Care and ending June 30,u or the fiscal year
1997
Employee Health Payments 1,103,785
Claims Administration Expense 99,605
Stop Loss Insurance Expense 152,175
2, 000
Other Employee Health Expense 36,935
Employee Life Insurance 65.000
Wellness Incentives
TOTAL EXPENDITURES 1.46 00
t.�
This plan being duly passed and adopted the day of June,
1996.
CAPITAL RESERVE FUND
IREDRLL COUNTY, NORTH CAROLIHA
Be it Ordained by the Board of Commissioners of Iredell
County, North Carolina:
Section 1. This
samends to
h original
allcapital Reserve Fund created
for t
Section 2. The Capital Reserve Fund is established to accumulate
funds for the purchase of land, water and sewerline
construction, or renovation of buildings, purchase
furniture and equipment for newly constructed,
purchased or renovated facilities, renovation and
serviceconoschooln of debt
those items heretofore mentioned.
lance of
Section 3. theoriginalCapital Reseovided rve unexpended
from the General Fund, and interest on investments.
The operating transfers are subject to annual
appropriations by the Iredell County Board of
Commissioners. The 1996-97 appropriation is as
follows:
operating transfer from General Fund $1,500,000
Reserve Fund
Section 4• subjll projects to approval by the Boardioflare
commissioners,
This ordinance being adopted this the S day of June, 1996.
10
JUN 191996 Aft, 7