Laserfiche WebLink
The interest earnings by funds were as follows: <br />General <br />Speciai Revenue <br />Debt Service <br />Capital Projecu <br />Enterprise <br />Internal Service <br />Trust and Agency <br />Total <br />$ 227,3'75 <br />176,993 <br />433,672 <br />1,900,747 <br />195,061 <br />159,258 <br />�—_ G ••1 <br />There was an increase in 1995 intezest earnings due primarily to higher cash balances and higher <br />interest rates as compazed with 1994. The rate of retum on all cash balances (8.06% not <br />including market gains and losses) however, still compares favorably with the Treasury Bill Index <br />which achieved 5.7 % for 1995. <br />The following is a history of earnings by year: <br />Year <br />1986 <br />1987 <br />1988 <br />1989 <br />1990 <br />1991 <br />1992 <br />1993 <br />1994 <br />1995 <br />Risk Management <br />� -.�. -• �. <br />EaIIIlIIgS <br />$2,522,613 <br />$2,021,941 <br />$2,140,566 <br />$2,743,623 <br />$2,774,508 <br />$2,652,820 <br />$2,536,716 <br />$1,869,398 <br />$2,644,143 <br />$3,153,960 <br />The Workers' Compensation Self-Insurance Fund was established to service workers' <br />compensation insurance claims. All awards of compensation, legal fees, administrative cosu and <br />the premium for excess coverage are paid from tlus fund. T'he Workers' Compensation <br />Reinsurance Association provided excess coverage for ail claims in 1995 in excess of $250,000 <br />(1994 - $240,000), with no limits. <br />fG7 <br />