PUBLIC UTILITY RISK MANAGEMENT SERVICES
JOINT SELF-INSURANCE FUND
COMBINING LIABILITY, PROPERTY, AND HEALTH & WELFARE POOLS
STATEMENT OF NET ASSETS AS OF JUNE 30, 2007
ASSETS Liability Pool   Property Pool H&W Pool Total
Current Assets:
Cash in Banks  $      262,216.48  $       133,254.66  $       348,549.60  $      744,020.74
Investments       1,500,000.00           350,000.00                          -         1,850,000.00
Accounts Receivable - Assessments Billed          196,195.26                          -             614,438.36          810,633.62
Accounts Receivable - Future Assessments       2,987,232.75           353,054.03           463,192.67       3,803,479.45
Accounts Receivable - Miscellaneous                         -               22,997.45                          -              22,997.45
Investment Interest Receivable            12,761.69                  569.58                          -              13,331.27
       
Total Current Assets  $   4,958,406.18  $       859,875.72  $    1,426,180.63  $   7,244,462.53
LIABILITIES AND NET ASSETS
Current Liabilities:
Claims Reserve (Known)  $   1,127,481.34  $       130,988.48  $         43,004.99  $   1,301,474.81
Claims Reserve (IBNR)       1,859,751.41           222,065.55           420,187.68       2,502,004.64
Administrator's Fee Payable            17,215.82               9,418.51             18,357.72            44,992.05
Stop Loss Premium Payable                         -                            -               34,263.55            34,263.55
PPO Networks Payable                         -                            -                 5,258.16              5,258.16
       
Total Current Liabilities  $   3,004,448.57  $       362,472.54  $       521,072.10  $   3,887,993.21
Total Net Assets       1,953,957.61           497,403.18           905,108.53       3,356,469.32
Total Net Assets and Liabilities  $   4,958,406.18  $       859,875.72  $    1,426,180.63  $   7,244,462.53