Thuyết minh báo cáo tài chính hợp nhất (tiếp theo) Có hiệu lực từ ngày 01 tháng 7 2003 (cho năm tài chính 2004), chương trình bồi thường của người lao động của trường đã trở thành tự tài trợ và cung cấp thông qua thành viên trong MUS Người lao động tự bảo hiểm 'Chương trình bồi thường. | Notes to the Consolidated Financial Statements continued A-38 - Effective July 1 2003 for fiscal year 2004 the University s workers compensation program became self-funded and is provided through membership in the MUS Self Insured Workers Compensation Program. In fiscal year 2003 the University s workers compensation coverage was provided for through participation in the state s Compensation Insurance Fund. The MUS self-funded program is funded on an actuarial basis and is administered by a third party currently Missoula County. The MUS program incorporates a self-insured retention of 500 000 per claim and excess commercial coverage to statutory limits. Employer s liability is provided with a 500 000 retention and an excess insurance limit of 1 000 000. The University provides periodic disbursements to the administrator for claims paid and administrative expenses. Benefits provided are prescribed by state law and include biweekly payments for temporary loss of wages as well as qualifying permanent partial and permanent total disability. Medical and indemnity benefits are statutorily prescribed for qualifying job-related injuries or illnesses. NOTE 15 - COMMITMENTS AND CONTINGENCIES At June 30 2007 the University had the following outstanding commitments under major capital and maintenance projects Project Budget Authorization Total Expenditures through June 2007 Funding Source 2004 Series I Revenue Bonds Donations Skaggs Building Addition 14 017 000 13 962 154 Grants Chemistry Building Renovation 825 000 823 824 General Operating and Plant Funds Donations Journalism Building 12 050 000 10 200 278 Intercap Loan Donations and Plant Funds Law School Expansion 14 900 000 552 109 Donations Research Facility 11 850 000 1 093 703 2005 Series J Revenue Bonds Dormitory Sprinkler System 550 000 290 174 2005 Series J Revenue Bonds and Plant Funds MGMB Petroleum Building 17 400 000 447 718 Long Range Building Plan and Plant Funds HPER Building Projects 812 000 18 868 Donations
