| · Balance Sheet: Page 1 |
| o | Trust Consultants invoicing for January services was more than the offset of commissions so there is no change to the prepaid balance of $(12,905). | |
| o | Increase in fund balance for this month is $257,974 which results in an overall increase for the fiscal year of $1,748,530. | |
| · Balance Sheets (Comparison): Page 2 |
| o | Comparison for the year - Fund balance this month is $13,254,997 compared to $10,733,322 a year ago. Overall assets for this fiscal year total $14,391,997 compared to $11,954,322 a year ago. | |
| · Schedule of Certificates of Deposit: - Investment(s) for this month: |
| · Purchased 1CD |
| · Sallie Mae Bank - UT – for $95,000 – maturing 2/19/2013 |
| · Maturity of 2 CD’s |
| · Compass Bank - AL - for $96,075 – on 2/17/2009 | ||
| · Advanta Bank Corp – UT – for $95,000 – on 2/23/2009 |
| · Full Call of 2 CD’s |
| · Firstbank of Puerto Rico - PR - for $95,000 – on 2/01/2009 | ||
| · Magnetbank – UT – for $95,888 – on 2/06/2009 |
| · Schedule of Net Appreciation in Market Value: - Investment(s) for this month: |
| · Purchased 3 Government Bonds |
| · Federal Home Loan Bank – for $250,000 – maturing 2/25/2016 | ||
| · Federal Home Loan Bank – for $250,000 – maturing 2/25/2016 | ||
| · Federal Home Loan Bank – for $250,045 – maturing 2/24/2014 |
| · Statement of Operations and Fund Balance: Page 3 |
| o | The charge under Other Benefits for $1,312.50 is for an invoice from HMA for a review of an organ transplant case - twice. | |
| o | The annual payment of $8,700 was paid this month for liability insurance. | |
| · Statement of Operations and Fund Balance (Comparison): Page 4 |
| o | Comparison – HMA claims are $308,278 less this month than last February 2008. Overall this year’s claims are $60,153 more than in 2008. | |
| o | Comparison – ESI/NMHC claims are $14,758 less this month than last February 2008. Overall this year’s claims are $97,956 more than in 2008. | |