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505 Employee Benefit Reserve
FUND NO. 505 BUDGET/PROGRAM: EMPLOYEE BENEFIT RESERVE MISSION: This internal service fund provides funding to pay for the Employee Assistance Program, the LEOFF I retiree medical expenses (RCW 41.26) and for employee retirement cash out expenditures to the State Department of Retirement Systems. Funding for these costs is from a monthly contribution from each County fund with employees. FUND 505: EMPLOYEE BENEFIT RESERVE FUND DEPT 000 Account Number Name 2016 Actual 2017 Actual 2018 Budget 2018 Actual 07/31/18 2019 DEPT REQUEST 505000010.29210.00.0000 REVENUES 0 0 0 0 0 505000010.30880.00.0000 BEGINNING FUND BALANCE (UNRESERVED) 0 0 0 0 594853 505000010.34870.00.0005 INTERFUND CONTRIBUTION-EMPLOYER 75060 77943 72000 40823 72000 505000010.34870.00.0006 EMPLOYEE BENEFIT RESV-UNEMPL 132630 137143 135000 94647 135000 505000010.34870.00.0010 INTERFUND CONTRIBUTION-EMPLOYER UNEMP 0 0 0 0 0 505000010.36111.00.0000 INVESTMENT INTEREST 3186 6245 1000 5100 1000 505000010.36650.00.0000 INTERFD CONTRIB-EMPLYER 0 0 0 0 0 505000010.36970.00.0005 ZZZ - INTERFUND CONTRIBUTION-EMPLOYER 0 0 0 0 0 505000010.36970.00.0010 ZZZ - INTERFUND CONT-EMPLOYER UNEMP 0 0 0 0 0 505000010.36990.00.2013 Annual Unused from 3rd Party Admin 0 0 0 0 0 505000010.38880.00.0000 PRIOR YEAR REFUND 0 4917 0 551 0 505000010.38900.00.0000 SHERIFF'S DEFERRED COMP - NON REVENUE 0 0 0 0 0 505000010.38900.00.0010 CURRENT YEAR REFUND OF EXPEND 0 0 0 0 0 505000010.39700.00.0000 XFER IN 0 0 0 0 0 505000010.39700.00.0503 TR FR UNEMPLOYMENT RESERVE 0 0 0 0 0 505000010.39700.00.0504 XFER FROM L&I 0 0 0 0 0 505000010.39700.00.0505 XFER-LV PAYOUT OF $1000 OR MORE RES11-14 0 0 0 0 0 Revenues Total Revenues 210876 226248 208000 141121 802853 Expenditures 505000010.29220.00.0000 EXPENDITURES 0 0 0 0 0 505000010.50880.00.0000 UNRESERVED FUND BALANCE 0 0 0 0 553653 505000010.51721.40.0020 EMPLOYEE ASSISTANCE PROGRAM 4655 5185 7000 2631 7000 505000010.51721.41.0000 DRS CLAIMS 38627 0 15000 0 15000 FUND NO. 505 BUDGET/PROGRAM: EMPLOYEE BENEFIT RESERVE 505000010.51721.41.0005 ICMA ADMINISTRATION FEES 0 0 0 0 0 505000010.51721.41.0010 OTHER POST-RETIREMENT COSTS / LEOFF 44757 33806 50000 16504 50000 505000010.51721.41.0030 OASI DRS CONTRACT 92 95 200 94 200 505000010.51721.41.0125 SEC 125 ADMINISTRATION FEES 3044 1612 2000 797 2000 505000010.51721.49.0000 REIMBURSE RETIREMENT PAYOUT 16156 0 0 0 0 505000010.51730.41.0000 HEALTH INSURANCE MISCELLANEOUS 1966 333 0 0 0 505000010.51761.41.0000 L&I ADMINISTRATION COSTS (QTRLY) 0 17216 18000 17592 18000 505000010.51761.41.0010 PAYMENTS TO RETRO POOL 16532 0 7000 0 7000 505000010.51778.41.0000 UMEMPLOYMENT CLAIMS PROCESSING 24920 16927 50000 2210 50000 505000010.58810.00.0000 PRIOR PERIOD CORRECTION 0 658 0 0 0 505000010.59700.00.1114 XFR-LV PAYOUT OF $1000 OR MORE RES 11-14 102118 123062 100000 51174 100000 Total Expenditures 252867 198894 249200 91002 802853 Totals -41991 27354 -41200 50119 0 GOALS: Work with the LEOFF I Disability/Retirement Board to set policies for medical expenditures that meet the needs of the members and the County. OBJECTIVES: Provide the LEOFF Board with information on total expenditures. SUMMARY OF KEY FUNDING/SERVICE ISSUES: This fund pays for LEOFFI Retiree medical costs, L&I Costs, and other post retirement costs.