PUBLIC UTILITY RISK MANAGEMENT SERVICES
JOINT SELF-INSURANCE FUND
PROPERTY POOL
COMPARATIVE STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN NET ASSETS
YTD FOR THE MONTHS ENDED JUNE 30, 2007 AND 2006
YEAR TO DATE YEAR TO DATE
OPERATING REVENUES: 2007 2006
Premium Assessments  $      729,161.00  $      767,740.00
General Assessments          118,050.00          665,773.00
General Assessments - Future            81,050.03          133,925.09
Total Operating Revenues  $      928,261.03  $    1,567,438.09
OPERATING EXPENSES:
Claims Paid on Current Losses            25,516.98            23,587.38
Claims Paid on Prior Losses            33,432.10          290,548.14
Established Claims Reserve          131,127.21          356,090.84
Adjustment to Prior Years Claims Reserve           (50,077.18)         (222,165.75)
Insurance Purchased          729,161.00          767,740.00
Administrator's Fee            56,097.75            55,027.90
Brokers Fee            21,500.00            31,500.00
Fund Legal Fees            81,920.83          208,670.87
General Expense                       -                3,067.39
Professional Fees            30,592.60          132,352.94
Total Operating Expenses  $    1,059,271.29  $    1,646,419.71
Operating Income (Loss)  $     (131,010.26)  $       (78,981.62)
NONOPERATING REVENUES (EXPENSES):
Interest on Investments              9,576.53              5,255.94
Total Nonoperating Revenues (Expenses)  $          9,576.53  $          5,255.94
Income (Loss) Before Extraordinary Items  $     (121,433.73)  $       (73,725.68)
Extraordinary Items -  Revenue/(Expense)                       -                         -  
 Marsh Settlement Fund
CHANGE IN NET ASSETS  $     (121,433.73)  $       (73,725.68)
TOTAL NET ASSETS, January 01          618,836.91          542,377.19
TOTAL NET ASSETS, June 30  $      497,403.18  $      468,651.51