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HomeMy WebLinkAboutCOM 1039.082 2006-2008 CASEY JARMAN tr os M KENNETH G. GOODENOW County Clerk °N'' , Deputy County Clerk COLLEEN SCHRANDT Legislalive Auditor Mailing Address: +rE•uF •N~+? Business Address: (Former County Building) 333 Kilauea Avenue, Second Floor 25 Aupuni Street Ben Franklin Budding Hilo, Hawaii 96720 County of Hawai`i Hilo, Hawaii 96720 Office of the County Clerk Telephone: (808) 961-8255 Facsimile: (808) 961-8912 e o C f, N r , MEMORANDUM 0 Date: June 27, 2008 w To: Pete Hoffmann, Council Chair - Co And Council Members From: Karl Rad, Audit Analyst -14 Subject: Worker's Compensation Trends To assist you in your deliberations on the budget, I analyzed worker's compensation trends for the past five years. The attached chart shows the trends of budgeted and actual worker's compensation expenditures. The current balance in the General Fund worker's compensation account is $756,412. The current balance in the Highway Fund workers compensation account is $524,547. Please let me know if you need additional information or have any questions regarding this information. Comm. Na io moted Ref. To: he Att. a ?N 3 0 2048_ Ref. Date Serving the Interests of the People of Our Island Hawaii County is an Equal Opportunity Provider and Employer Worker's Compensation Trends $ per Fiscal Total New Open # of County Year Total Budgeted Expenditures Claims Claims Employees Settled Emp. 2002-03 $3,825,442 $3,687,829 216 681 2,132 211 $1,730 2003-04 $3,631,353 $3,507,214 199 684 2,194 196 $1,599 2004-05 $3,607,283 $3,313,551 220 566 2,152 338 $1,540 2005-06 $3,542,199 $2,982,474 180 571 2,293 175 $1,301 2006-07 $3,600,820 $1,945,002 172 359 2,496 384 $779 Worker's Compensation Budgeted and Actual Expenditures Trend $475001000 $470001000 - $375001000 - - $310001000 $215001000 _ Total Budgeted $2 000 000 - - Total Expenditures 71 $115001000 $110007000 $500,000 $0 2002- 2003- 2004- 2005- 2006- 03 04 05 06 07 Fiscal year