Page 32 - CityofNorthRichlandHillsFY26AdoptedOperatingBudget

FISCAL YEAR 2026
SCHEDULE 25 - SUMMARY OF REVENUES AND EXPENDITURES

SELF INSURANCE FUND
ADOPTED REVISED ADOPTED
ACTUAL ACTUAL BUDGET BUDGET BUDGET
FY 2022/23 FY 2023/24 FY 2024/25 FY 2024/25 FY 2026
REVENUES

HEALTH & MEDICAL CONTRIBUTIONS
Health & Medical (City Contribution) $9,479,130 $8,379,033 $8,583,282 $8,583,282 $8,428,727
Health & Medical (Employee Contribution) 2,627,896 1,980,076 2,103,155 2,103,155 2,334,685
TOTAL HEALTH & MEDICAL CONTRIBUTIONS $12,107,026 $10,359,110 $10,686,437 $10,686,437 $10,763,412
OTHER CONTRIBUTIONS
Worker's Comp & Admin (City Contribution) $1,233,834 $517,130 $529,296 $529,296 $524,378
Other Insurance (City Contribution) 1,141,803 1,743,593 1,831,800 1,831,800 1,831,800
Flexible Spending Account (Employee Contribution) 98,504 96,527 110,000 110,000 117,500
TOTAL OTHER CONTRIBUTIONS $2,474,140 $2,357,250 $2,471,096 $2,471,096 $2,473,678

OTHER REVENUES
Stop Loss Reimbursement $111,052 $646,315 $400,000 $3,600,000 $600,000
Interest Income 999,976 991,724 962,000 867,600 737,300
Other Income 398,026 643,344 650,000 650,000 800,000
TOTAL OTHER REVENUES $1,509,054 $2,281,383 $2,012,000 $5,117,600 $2,137,300

TOTAL REVENUES $16,090,221 $14,997,742 $15,169,533 $18,275,133 $15,374,390
APPROPRIATION OF FUND BALANCE
Self Insurance Fund Reserves $0 $0 $0 $0 $1,004,534
TOTAL APPROPRIATION OF FUND BALANCE $0 $0 $0 $0 $1,004,534
TOTAL RESOURCES $16,090,221 $14,997,742 $15,169,533 $18,275,133 $16,378,924

EXPENDITURES
Health & Medical $10,402,926 $11,701,562 $11,612,317 $14,808,595 $13,137,180
Worker's Compensation 301,930 3,019,564 515,000 515,000 515,000
Personnel Expenses 698,733 708,952 800,123 790,785 760,862
Property, Liability, and Other Insurance 1,486,902 1,735,712 1,831,800 1,931,800 1,848,382
Flexible Spending Account Expense 98,369 91,913 110,000 110,000 117,500
Non-Departmental 26,575 357 5,143 105,143 0
TOTAL OPERATING EXPENDITURES $13,015,434 $17,258,059 $14,874,383 $18,261,323 $16,378,924
OTHER & RESERVES
Transfer to Retiree Health Care Fund $0 $0 $0 $0 $0
Planned Contribution to Fund Balance 0 0 295,150 13,810 0
TOTAL OTHER & RESERVES $0 $0 $295,150 $13,810 $0

TOTAL EXPENDITURES $13,015,434 $17,258,059 $15,169,533 $18,275,133 $16,378,924
BALANCE $3,074,786 ($2,260,316) $0 $0 $0

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