Self Insurance Fund Summary

 

Under the Local Governmental and Governmental Employees Tort Immunity Act, local governmental units, including counties, may levy an amount sufficient to cover the costs of insurance premiums for liability insurance, tort judgments, settlements, or reserves.

 

 

Projected beginning fund balance for 2003-2004

$ 4,000,000.00

Projected Revenue (+)

225,000.00

Projected Expenses (–)

511,500.00

Projected Ending Fund Balance

3,714,000.00