PUBLIC UTILITY RISK MANAGEMENT SERVICES
JOINT SELF-INSURANCE FUND
HEALTH & WELFARE 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
Monthly Assessments  $      3,296,681.98  $      3,403,571.19
Member Deposit Assesments  $                      -    $                      -  
Future Assessments 9,505.78 (89.09)
Total Operating Revenues  $      3,306,187.76  $      3,403,482.10
OPERATING EXPENSES:
Claims Paid, Medical          1,935,121.38          2,155,670.18
Claims Paid, Dental             326,362.34             319,686.20
Claims Paid Vision               48,873.74               51,435.56
Claims Paid, Prescription             600,925.70             527,155.78
Established Claims Reserve               56,409.19               42,974.81
Adjustment to Prior Years Claims Reserve             (46,903.41)             (43,063.90)
Stop Loss Insurance Purchased             205,605.09             195,787.43
PPO Network Service Fees               31,693.79               30,581.09
Administrator's Fee             111,910.17             101,548.53
Brokers Fee                          -                 13,500.00
Fund Legal Fees               22,742.10                 4,552.00
General Expense                       1.01                   746.06
Professional Fees                 9,087.66                 2,919.88
Total Operating Expenses  $      3,301,828.76  $      3,403,493.62
Operating Income (Loss)  $             4,359.00  $                (11.52)
NONOPERATING REVENUES (EXPENSES):
Interest on Investments                          -                            -  
Total Nonoperating Revenues (Expenses)  $                      -    $                      -  
Income (Loss) Before Extraordinary Items  $             4,359.00  $                (11.52)
Extraordinary Items -  Revenue/(Expense)                          -                            -  
 Marsh Settlement Fund
CHANGE IN NET ASSETS  $             4,359.00  $                (11.52)
TOTAL NET ASSETS, January 01             900,749.53             905,118.28
TOTAL NET ASSETS, June 30  $         905,108.53  $         905,106.76