| PUBLIC UTILITY RISK MANAGEMENT SERVICES |
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| JOINT SELF-INSURANCE FUND |
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| PROPERTY POOL |
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| COMPARATIVE STATEMENT OF NET ASSETS |
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| JUNE 30, 2007 AND 2006 |
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| ASSETS |
|
2007 |
|
2006 |
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| Current Assets: |
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| Cash
in Banks, Property |
$ 133,254.66 |
|
$ 78,932.33 |
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| Investments,
Property |
350,000.00 |
|
200,000.00 |
|
| Prepaid Insurance,
Property |
- |
|
- |
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| Accounts Receivable -
Interpool Loan |
- |
|
- |
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| Accounts Receivable -
Assessments Billed |
- |
|
- |
|
| Accounts
Receivable - Future Assessments |
353,054.03 |
|
555,535.09 |
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| Accounts Receivable -
Member Deductibles |
- |
|
- |
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| Accounts
Receivable - Miscellaneous |
22,997.45 |
|
197,142.90 |
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| Accounts Receivable -
Excess Insurance Company |
- |
|
- |
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| Investment
Interest Receivable |
569.58 |
|
1,136.67 |
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| TOTAL ASSETS |
|
$ 859,875.72 |
|
$ 1,032,746.99 |
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| LIABILITIES
AND NET ASSETS |
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| Current Liabilities: |
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| Claims
Reserve (Known) |
$ 130,988.48 |
|
$ 130,918.53 |
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| Claims
Reserve (IBNR) |
222,065.55 |
|
424,616.56 |
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| Notes Payable |
|
- |
|
- |
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| Accounts Payable |
|
- |
|
- |
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| Accounts Payable -
Interpool Loan |
- |
|
- |
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| Fund Legal Fees Payable |
- |
|
- |
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| Administrator's
Fee Payable |
9,418.51 |
|
8,560.39 |
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| Broker's Fee Payable |
- |
|
- |
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|
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Total Current Liabilities |
$ 362,472.54 |
|
$ 564,095.48 |
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Total Net Assets |
497,403.18 |
|
468,651.51 |
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| TOTAL
NET ASSETS AND LIABILITIES |
$ 859,875.72 |
|
$ 1,032,746.99 |
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