| · Balance Sheet: Page 1 |
| o | Decrease in fund balance for this month is $(246,759) which results in an overall decrease for the fiscal year of $(1,326,906). | |
| o | Consultant Fees had a reduction in the credit balance of $16,869. | |
| o | Corporate Obligations (CD’s) | |
| · Sales of $190,000 |
| o | Government Obligations | |
| · Sales of $2,096,562 | ||
| · Pay downs of $5,615.68 |
| · Balance Sheets (Comparison): Page 2 |
| o | Comparison for the year - Fund balance this month is $8,486,194 compared to $11,613,112 a year ago. Overall assets for this fiscal year total $9,957,194 compared to $12,955,112 a year ago. | |
| · Statement of Operations and Fund Balance: Page 3 |
| o | Paid $1,931 for ongoing legal fees to Stoel Rives for August Services. | |
| o | Bank fees this month were $62.00. | |
| o | Wellness program expenses for the month were $772.00. | |
| · Statement of Operations and Fund Balance (Comparison): Page 4 |
| o | Comparison – HMA claims are $604,942 less this month than last October 2010. Overall this year’s claims are $214,969 more than in 2010. | |
| o | Comparison – ESI claims are $83,225 more this month than last October 2010. Overall this year’s claims are $20,642 more than in 2010. | |
| · The Trust received a refund check from Sun Life this month in the amount of $1,540.06. |