Figure: 1

Greater Cleveland Regional Transit Authority

Internal Audit Department
GCRTA Board Member Benefits Investigation
George Dixon Benefit Recovery Schedule (April 1994 - February 2018)
Outstanding Board Member Medical Premiums (a)

1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
1994 2018

$141,466.35 with imputed interest (b)

2004 2015
1994 Accounting assumes Receivable 2018
Board Resolution invoicing created Coverage
passed cancelled
Accounts
Human Resources Invoicing Accounting – Misc. Receipts Receivable

1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2016 2017 2018
1994 2004 2015 2018
GCRTA Paid Medical Claims (c)

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
2003 2018

Actual: $1,061,815.23 $970,680.70 with imputed interest (b)

Accumulated Balance: $1,112,147.05 (b)
a. Medical premiums costs include the administrative service fee and US COBRA plan
b. Average annual US Treasury rate applied to the outstanding balance of payments and accrued medical claims compounded monthly
c. Medical Mutual claims data available from 2003 to present April 2018