ACFR - FY2020 5-28-21 FINAL - Flipbook - Page 91
NOTES TO FINANCIAL STATEMENTS
CITY OF EUSTIS, FLORIDA
(Continued)
Note 5 - Pension Plans (Continued)
SCHEDULE OF PENSION PLAN NET POSITION AS OF SEPTEM BER 30, 2020
Asse ts
Cash and Cash Equivalents
Contributions Receivable
Interest Receivable (Investment Income)
Stocks
Fixed Income Securities at Fair Value
Equities and Mutual Funds at Fair Value
Total Assets
Police
Office rs
$ 1,097,858
64,405
8,288,216
12,507,454
21,957,933
Liabilities
Accounts Payable
Total Liabilities
Net Position Re stricted for Employees'
Pension Benefits and Othe r Purposes
Firefighters
$
129,977
22,871
2,059
1,450,854
4,352,987
5,713,936
11,672,683
$ 1,227,835
87,276
2,059
1,450,854
12,641,203
18,221,390
33,630,616
5,500
5,500
5,500
5,500
$ 11,667,183
$ 33,625,116
$ 21,957,933
Total
SCHEDULE OF CHANGE IN PENSION PLAN NET POSITION AS OF SEPTEM BER 30, 2020
Contributions
Plan Member Contributions
Insurance Premium Tax
City Contributions
Total Contributions
$
Income on Inve stme nts
Net Appreciation in
Fair Value of Investments
Interest Income
Dividend Income
Total Income on Investme nts
Additions (Re ductions)
Less: Investment Management Fees
Net Investment Income
Total Additions
Deductions
Pension Payments
Administration
Total Deductions
$
57,081
113,354
589,041
759,476
$
162,552
279,562
1,637,523
2,079,637
(447,497)
295,741
340,934
189,178
1,026,828
314,119
1,340,948
579,331
609,860
340,934
1,530,126
(142,925)
46,253
1,366,414
(31,813)
1,309,135
2,068,611
(174,738)
1,355,388
3,435,025
(1,046,817)
(41,918)
(1,088,735)
(632,316)
(40,132)
(672,448)
(1,679,133)
(82,050)
(1,761,183)
277,678
1,396,163
1,673,841
21,680,255
10,271,020
31,951,275
$ 21,957,933
$ 11,667,183
$ 33,625,116
Change in Ne t Assets
Net Position, Beginning of Year
Net Position, End of Ye ar
105,471
166,208
1,048,482
1,320,161
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