Note X – Risk Pools – Members’ Supplemental Assessments and Credits
This guidance applies to stand-alone risk pools and governments that manage risk pools.
The interlocal governmental agreement provides for supplemental assessments to members based on actual claim experience. (During fiscal year 20__, the Pool did not make a supplemental assessment.) (In 20__, the Pool recorded supplemental assessments of $__________, pursuant to this provision.) (In addition, during 20__, prior year supplemental assessments were reduced by $__________.)
The interlocal governmental agreement provides that surplus members’ fund balance be used to credit future annual assessments. For the year ended , 20__, member assessments are presented net of such credits of $__________. The board of directors has designated $____________ of members’ fund balance for this purpose for the fiscal year ending __________ , 20__.