ACFR - FY2020 5-28-21 FINAL - Flipbook - Page 54
CITY OF EUSTIS, FLORIDA
STATEMENT OF CHANGES IN FIDUCIARY NET POSITION
FIDUCIARY FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2020
Pension
Trust
Funds
Additions
Contributions:
Plan Member
Insurance Premium Tax
City
Total Contributions
$
Investment Income (Loss):
Net Appreciation (Depreciation) in
Fair Value of Investments
Interest
Dividend Income
Total Income on Investments
Less: Investment Management Fees
Net Investment Income
Total Additions
162,552
279,562
1,637,523
2,079,637
579,331
609,860
340,934
1,530,126
(174,738)
1,355,388
3,435,025
Deductions
Pension Payments
Administration
Total Deductions
(1,679,133)
(82,050)
(1,761,183)
Change in Net Position
1,673,841
Net Position, Beginning of Year
31,951,275
Net Position, End of Year
$
33,625,116
The notes to the financial statements are an integral part of this statement.
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