The University of Texas System: Unemployment Compensation Insurance

THE UNIVERSITY OF TEXAS SYSTEM

UNEMPLOYMENT COMPENSATION INSURANCE

SUMMARY OF OPERATIONS
FISCAL YEARS 1992 - 1996

Years Ending August 31

1992 1993 1994 1995 1996

Balance, September 1 $ 1,864,188 $ 1,647,470 $ 1,241,112 $ 856,550 $ 1,086,942

Receipts 908,167 1,187,061 711,458 1,877,396 2,453,396

Total Funds Available 2,772,355 2,834,531 1,952,570 2,733,946 3,540,337

Expenditures (1,124,885) (1,593,419) (1,096,020) (1,647,004) (1,359,961)

Balance, August 31 $ 1,647,470 $ 1,241,112 $ 856,550 $ 1,086,942 $ 2,180,376

Assessment Per $100 in Wages $ 0.30 $ 0.30 $ 0.30 $ 0.30 $ 0.30

UCI Administration Costs
Per Claim Dollar Paid $ 0.13 $ 0.09 $ 0.16 $ 0.04 $ 0.11

Source of data:	The University of Texas System, Office of Human Resources


Notes:	Receipts include premiums from component institutions, investment income, and year-end adjustments.
	Expenditures include benefit payments, administrative costs, and year-end adjustments.
	Benefit payments for FY 1994 were for the third and fourth quarters of calendar year 1993 and the first quarter of calendar year 1994. Payments for the second quarter of calendar year 1994 were not made until FY 1995 because of Texas Employment Commission procedural changes. These payments totalled $211,946.51.

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Last updated 1 Feb 1997

	Years Ending August 31
	1992	1993	1994	1995	1996

Balance, September 1	$ 1,864,188	$ 1,647,470	$ 1,241,112	$ 856,550	$ 1,086,942
Receipts	908,167	1,187,061	711,458	1,877,396	2,453,396
Total Funds Available	2,772,355	2,834,531	1,952,570	2,733,946	3,540,337
Expenditures	(1,124,885)	(1,593,419)	(1,096,020)	(1,647,004)	(1,359,961)
Balance, August 31	$ 1,647,470	$ 1,241,112	$ 856,550	$ 1,086,942	$ 2,180,376

Assessment Per $100 in Wages	$ 0.30	$ 0.30	$ 0.30	$ 0.30	$ 0.30

UCI Administration Costs Per Claim Dollar Paid	$ 0.13	$ 0.09	$ 0.16	$ 0.04	$ 0.11