ACFR FY 2022 FINAL BOOK - Flipbook - Page 102
FINANCIAL SECTION
City of Eustis, Florida
NOTES TO FINANCIAL STATEMENTS
Note 7 - Pension Plans (Continued)
Schedule of Change in Pension Plan Net Position September 30, 2022
Fire
Police
Total
Additions:
Contributions
plan member Contributions
Insurance premium Tax
City Contributions
miscellaneous
Total Contributions
$
64,053
133,562
619,192
816,807
$
161,726
180,442
1,012,936
846
1,355,950
$
225,779
314,004
1,632,128
846
2,172,757
Income on Investments
Net Appreciation (Depreciation) in
Fair Value of Investments
Interest Income and Dividend
Contributions buy back
Total Income on Investments
(3,308,071)
524,900
1,984
(2,781,187)
(4,001,021)
60,599
(3,940,422)
(7,309,092)
585,499
1,984
(6,721,609)
Additions (Reductions)
Less: Investment management Fees
Net Investment Income (Losses)
Total Additions (Reductions)
(35,280)
(2,816,467)
(1,999,660)
(103,263)
(4,043,685)
(2,687,735)
(138,543)
(6,860,152)
(4,687,395)
(601,398)
(50,302)
(651,700)
(1,455,339)
(184,204)
(1,639,543)
(2,056,737)
(234,506)
(2,291,243)
Change in Net Assets
(2,651,360)
(4,327,278)
(6,978,638)
Net Position, Beginning of Year
13,862,993
25,513,666
39,376,659
Deductions
pension payments
Administration
Total Deductions
Net Position, End of Year
102
$
11,211,633
$
21,186,388
$
32,398,021
Annual Comprehensive Financial Report | September 30, 2022