ACFR - FY2021 FINAL 5-13-22 USE THIS ONE - Flipbook - Page 100
NOTES TO FINANCIAL STATEMENTS
CITY OF EUSTIS, FLORIDA
(Continued)
Note 5 - Pension Funds (Continued)
Schedule of Pension Plan Net Position September 30, 2021
Assets
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
Officers
$
787,422
71,987
8,362,834
16,291,423
25,513,666
$
Total
230,666
25,227
4,564
2,099,555
5,221,248
6,292,160
13,873,420
$ 1,018,088
25,227
76,551
2,099,555
13,584,082
22,583,583
39,387,086
-
10,427
10,427
10,427
10,427
$ 25,513,666
$ 13,862,993
$ 39,376,659
Liabilities
Accounts Payable
Total Liabilities
Net Position Restricted for Employees'
Pension Benefits and Other Purposes
Firefighters
Schedule of Change in Pension Plan Net Position September 30, 2021
Contributions
Plan Member Contributions
Insurance Premium Tax
City Contributions
Total Contributions
$
161,484
163,989
1,010,105
1,335,578
$
59,657
128,428
618,316
806,401
$
221,141
292,417
1,628,421
2,141,979
Income on Investments
Net Appreciation in
Fair Value of Investments
Interest Income
Dividend Income
Total Income on Investments
3,726,866
71,987
3,798,853
1,655,002
438,719
2,093,721
5,381,868
510,705
5,892,574
Additions (Reductions)
Less: Investment Management Fees
Net Investment Income
Total Additions (Reductions)
(98,023)
3,700,830
5,036,408
(31,809)
2,061,912
2,868,313
(129,832)
5,762,743
7,904,721
(1,221,351)
(259,324)
(1,480,675)
(639,949)
(32,554)
(672,503)
(1,861,300)
(291,878)
(2,153,178)
Deductions
Pension Payments
Administration
Total Deductions
Change in Net Assets
Net Position, Beginning of Year
Net Position, End of Year
90
3,555,733
2,195,810
5,751,543
21,957,933
11,667,183
33,625,116
$ 25,513,666
$ 13,862,993
$ 39,376,659