Common use of Trust Fund Reports Clause in Contracts

Trust Fund Reports. Quarterly, or upon written request, the United Domestic Workers will provide to the County of San Diego IHSS Public Authority a copy of the Trust Fund financial report. The financial report shall include the actual costs of the health benefit and life insurance plan premiums, member contributions towards medical and life insurance, eligible provider participation level, rate increases by insurance carriers, distributions made to IHSS providers for supplies and transportation a summary of remaining fund expenditures, and the beginning and ending cash balance of the fund. Additionally, once each year, upon written request, the Public Authority will be allowed to perform a full financial audit of the Union Trust Fund at no cost to the union.