1. Budget hearing
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1. Budget hearing
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<br />Board of County Commissioners <br />September 6, 2007 <br />Page 2 <br /> 2007 2008 <br /> Actual Budget <br />Health Insurance <br />Single County $323 $329 <br /> Employee 7.15% ~ 25 <br /> Total $348 $354 <br />Single W /Dependent <br /> County $524 $535 <br /> Employee 14.3% ~ 89 <br /> Total $612 $624 <br />Family County $710 $723 <br /> Employee 21.45% 194 198 <br /> Total $904 $921 <br />Dental Insurance: <br /> <br />Dental Insurance Premiums are paid by departments and employees into the Dental <br />Insurance Fund from which our claims and administrative fees are paid. We are in the <br />second year of this program and have lost money the first year and one half. We need <br />to raise the premiums to match the expenses of the fund. The rates in the budget for <br />2008 are as follows: <br /> <br /> 2007 2008 <br /> Actual Budget <br />Single County $30 $40 <br /> Employee ~ 13 <br /> Total m .ill <br />Family <br /> County $30 $40 <br /> Employee 72 ~ <br /> Total $102 $138 <br /> <br />With this rate increase we would expect to cover the expected claims for 2008 and <br />start to recover the losses for the first two years of the plan. <br /> <br />Fund Reserves: <br /> <br />As you can see by reviewing the attached Budget / Levy Summary the 2008 budget <br />would leave reserve balances of most funds adequate for the start of budgeting for <br />2009. An exception to that general statement is the 911 Fund. <br />
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