In addition to the financial update, there was a focus on the 2021 audit. Pruiti informed the members that all necessary information has been provided to the HFA staff and that the 2022 audit is likely to be completed by the end of the year, unless HFA indicates otherwise.

Another noteworthy topic was the potential inclusion of North Brunswick in the insurance fund. Glen Curts, the Fund Administrator, reported that a formal proposal has been released to North Brunswick. While the borough’s current program includes deductibles on all lines of coverage, the JIF offers first-dollar coverage on general liability and auto liability, making the proposal potentially appealing. The decision from North Brunswick is expected soon, and if they choose to join, the JIF’s budget will need to be amended accordingly.

In other business, the Fund reviewed a press release detailing their relationship with Qua Care, a network that has reportedly saved the Fund an estimated $13 million on workers’ compensation claims since 2021. The press release, expected to be released on Friday, emphasizes the benefits of Qua Care’s services in maintaining employee health and expediting return to work.