Alcorn QUẬN Ghi chú báo cáo tài chính năm kết thúc 30 tháng 9 năm 1996 (8) bố và án. Tài chính rủi ro. Quận tài chính tiếp xúc với nguy cơ mất mát liên quan đến bồi thường tai nạn thương tích cho nhân viên của mình thông qua Mississippi công nhân thực thể công cộng 'công nhân bồi thường tin tưởng, một thực thể có nguy cơ hồ bơi công cộng. | ALCORN COUNTY 8 9 Notes to Financial Statements For the Year Ended September 30 1996 Claims and Judgments. Risk Financing. The county finances its exposure to risk of loss related to workers compensation for injuries to its employees through the Mississippi Public Entity Workers Compensation Trust a public entity risk pool. The county pays premiums to the pool for its workers compensation insurance coverage and the participation agreement provides that the pool will be self-sustaining through member premiums. The retention for the pool is 350 000 for each accident and completely covers all statutory limits set by the Workers Compensation Commission. Risk of loss is remote for claims exceeding the pool s retention liability. However the pool also has catastrophic reinsurance coverage of 1 000 000 per accident provided by Employers Reinsurance Corporation effective from January 1 1996 to January 1 1997. The pool may make an overall supplemental assessment or declare a refund depending on the loss experience of all the entities it insures. Capital Leases. As Lessee The county is obligated for the following assets acquired through capital leases as of September 30 1996 Classes of Property Mobile equipment Other furniture and equipment Leased Property Under Capital Leases General Fixed Assets Group 1 021 341 348 725 1 370 066 The future minimum lease payments together with the present value of the net minimum lease payables as of September 30 1996 are as follows General Long-term Debt Group Year Ending September 30 1997 275 016 1998 201 211 1999 182 617 2000 69 288 2001 28 371 Later years 7 392 Total Minimum Lease Payments 763 895 Less Amount representing interest 69 296 Present Value of Net Minimum Lease Payments 694 599 17 ALCORN COUNTY Notes to Financial Statements For the Year Ended September 30 1996 10 Long-term Debt. Debt outstanding as of September 30 1996 consists of the following Description and Purpose Amount Outstanding Interest Rates Final Maturity Date .
