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GIC ends FY24 near budget, returns $2.8 million to state general fund
Group Insurance Commission · September 19, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
The GIC CFO reported FY24 ended close to budget with a $2.8 million variance under budget; commissioners were told staff will monitor FY25 trends and present Q1 results in November.
The Group Insurance Commission closed fiscal year 2024 close to its budgeted projections, with a year-end variance of $2,800,000 under budget, the commission—s CFO reported.
Presenting the FY24 year-end figures, the…
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