presentation by pamela levin, chief financial officer. >> pamela levin chief financial officer health services system. to clarify the cadillac tax, it is 2022 when it might possibly come up. the report presented to you summarizes the revenues and expenses of the budget through february 28, 2019 as well as the projection for the year ending june 30, 2019. in terms of the trust, the balance on june 30, 2018 was $77.4 million. based on the activity through the endhe of february, it is projected to be $83.9 million which is an increase of $6.5 million. we are seeing unfavorable claims experienced for the uhcppo and blue shield access plus plan. for blue shield trio and delta dental self funded the claims experience is favorable. we received $300,000 in pharmacy rebates and the year-to-date amount is $2.1 million. the projected year end as of june 30, 24019ne is $6.9 millio. the healthcare sustainability is projected to have a year end balance of $1.3 million. a total of $500,000 in performance guarantee payment have been received as of february 28th. as of today $105,000 has been paid out