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Trust financials through March: net assets reported about $9.4 million; investments $7.3 million

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Summary

Trust staff presented income statement and balance-sheet figures through March, showing total revenue roughly $7.9 million, higher medical and prescription claims, and net assets available for benefits of about $9.4 million.

Rachel (staff member) presented the trust’s financial statements through March at the May 8 meeting, reporting contributions, revenue and expense items and answering trustees’ questions.

Rachel said contributions year-to-date were about $6.3 million and total revenue was about $7.9 million, roughly consistent with the prior year. She reported medical claims year-to-date of about $4.0 million and prescription…

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