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Table 12. City of Pleasanton Workers Compensation Fund — Amended Budget vs.
<br /> Actual
<br /> FY 2018/19 FY 2018/19
<br /> Workers' Compensation Fund Midyear Actual Variance Variance%
<br /> Beginning Fund Balance ($2,263,766) ($2.263.766) $0 0.0%
<br /> Plus Revenues 1,070,000 1,103,776 33,776 3.2%
<br /> Expenses
<br /> Claims Paid (950,000) (1,153,451) (203,451) 21.4%
<br /> Future Liability (400,000) (458,000) (58,000) 14.5%
<br /> All other expenses (340,000) (279,643) 60,357 -17.8%
<br /> Total Expenses (1,690.000) (1,891,094) (201,094) 11.9%
<br /> Ending Fund Balance ($2,883,766) ($3,051,084) ($167,318) 33.2%
<br /> Change in Fund Balance ($620,000) ($787,318) ($167,318) -33.2%
<br /> Table 13. LPFD Workers Compensation Fund - Amended Budget vs. Actual
<br /> Pleasanton Only FY 2018/19 FY 2018/19
<br /> LPFD Workers' Compensation Fund Midyear Actual Variance Variance%
<br /> Beginning Fund Balance ($2.387.723) (S2,387,723) $0 0.0%
<br /> Plus Revenues 760,000 773,801 13,801 1.8%
<br /> Expenses
<br /> Claims Paid (450,000) (390,420) 59,580 -13.2%
<br /> Future Liability (350,000) (320,656) 29,344 -8.4%
<br /> All other expenses (165,000) (110,424) 54,576 -33.1%
<br /> Total Expenses (965,000) (821,500) 143,500 -14.9%
<br /> Ending Fund Balance ($2,592,723) ($2,435,422) $157,301 -67.8%
<br /> Change in Fund Balance ($205,000) ($47,699) $157,301 67.8%
<br /> All Other Operating Funds
<br /> For the most part, budget variances are small for the other Operating Funds as shown
<br /> in Attachment 2. As a result, staff is not recommending any budget changes.
<br /> Submitted by: Approve by:
<br /> //A
<br /> Tina Olson Nelson Fialho
<br /> Director of Finance City Manager
<br /> Attachments:
<br /> 1 . Resolution
<br /> 2. Estimated Changes in Fund Balances, Amended Budget, Unaudited Actual
<br /> Page 11 of 11
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