| · Balance Sheet: Page 1 |
| o | Increase in fund balance for this month is $449,409 which results in an overall increase for the fiscal year of $113,768. | |
| o | Received $200,000 from Everett Public Schools for agreement of contribution with EEA contract. | |
| o | Consultant Fees still have a credit balance. | |
| o | Corporate Obligations (CD’s) | |
| · Redeemed $50,000 |
| o | Government Obligations | |
| · Redeemed $755,198 |
| · Balance Sheets (Comparison): Page 2 |
| o | Comparison for the year - Fund balance this month is $13,199,230 compared to $13,254,997 a year ago. Overall assets for this fiscal year total $14,551,230 compared to $14,391,997 a year ago. Please note that the increase of IBNR has adjusted the overall fund balance totals by a reduction of $217,000. | |
| · Statement of Operations and Fund Balance: Page 3 |
| o | Paid $450 to Carena for Feb Services. | |
| o | Paid $1,661 to Union Bank for quarterly charges of $1,574 to Trust and monthly services of $87.00. | |
| o | Paid $7,916 to Becker Capital for the first quarter starting Jan 2010. | |
| · Statement of Operations and Fund Balance (Comparison): Page 4 |
| o | Comparison – HMA claims are $141,469 less this month than last February 2009. Overall this year’s claims are $255,049 more than in 2009. | |
| o | Comparison – ESI claims are $74,895 more this month than last February 2009. Overall this year’s claims are $233,070 more than in 2009. | |