Fund Type Police Pension Fund Profile

Pension | Governmental Summary Non-Major Fund

Account DESCRIPTION Actual FY 23-24 Actual FY 24-25 Adopted FY 25-26 Projected FY 25-26 Proposed FY 26-27 % Change Proposed/ Projected

BEGINNING FUND BALANCE 23,470,144 28,482,720 30,982,229 30,982,229 32,806,129 5.89%

361-10-00 Interest 714,288 740,213 100,000 100,000 100,000 0.00%

367-10-00 Sale of Investments (Gain/Loss) 4,493,755 1,767,854 2,000,000 2,000,000 2,000,000 0.00%

368-10-00 City Contribution 1,356,354 1,647,724 1,200,000 1,200,000 1,200,000 0.00%

2200-518 EXPENDITURES

518-30-34 Pension Benefits 1,778,009 1,897,068 1,550,000 1,550,000 1,550,000 0.00%

518-30-49 Other Current Charges 220,980 273,289 350,000 350,000 350,000 0.00%

Fund Family: Trust & Agency

REVENUE

312-50-51 Police Insurance Prem. Tax 236,151 259,276 230,000 230,000 230,000 0.00%

368-20-00 Police Contribution 211,019 254,799 195,000 195,000 195,000 0.00%

TOTAL REVENUE 7,011,566 4,669,866 3,725,000 3,725,000 3,725,000 0.00%

TOTAL REVENUES & BALANCES 30,481,710 33,152,586 34,707,229 34,707,229 36,531,129 5.26%

8100-518 Transfer To General Fund - - 1,100 1,100 1,100 0.00%

TOTAL EXPENDITURES 1,998,990 2,170,357 1,901,100 1,901,100 1,901,100 0.00%

RESERVED PLAN ASSETS 28,482,720 30,982,229 32,806,129 32,806,129 34,630,029 5.56%

TOTAL ENDING FUND BALANCE 28,482,720 30,982,229 32,806,129 32,806,129 34,630,029 5.56%

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