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08-14-1991 Council Agenda
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08-14-1991 Council Agenda
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1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />LITTLE CANADA FIREMEN'S RELIEF ASSOCIATION <br />COMBINED BALANCE SHEET <br />DECEMBER 31, 1990 <br />Assets <br />Cash <br />Certificates of deposit <br />Investments <br />Accrued interest <br />Due from State <br />Due from other fund <br />Loan receivable <br />Total Assets <br />Liabilities and Fund Equity <br />Liabilities: <br />Accounts payable <br />Due to other fund <br />Total Liabilities <br />Fund Equity: <br />Fund Balance: <br />Reserved for pension liability: <br />Actuarial present value of pension benefit obligation <br />Assets in excess of pension benefit obligation <br />Reserved for S.D.C.A. purposes <br />Unreserved: <br />Unfunded pension benefit obligation <br />Total Fund Equity <br />Total Liabilities and Fund Equity <br />Governmental <br />Fund Type <br />General Fund <br />$184,675 <br />470 <br />$185,145 <br />$0 <br />Fiduciary <br />Fund Type <br />(Pension Trust) <br />Special Fund <br />$1,193 <br />7,447 <br />718,287 <br />4,741 <br />2,000 <br />Statement 1 <br />Totals <br />(Memorandum Only) <br />December 31, <br />1990 1989 <br />$1,193 <br />7,447 <br />902,962 <br />4,741 <br />2,000 <br />470 <br />$1,108 <br />42,481 <br />810,568 <br />4,171 <br />2,743 <br />$733.668 $918,813 $861,071 <br />$2,000 <br />470 <br />2,470 <br />$2,000 <br />470 <br />2.470 <br />80 <br />745,028 745,028 620,767 <br />46,392 <br />185,145 185,145 193912 <br />(13,830) (13,8301 <br />185,145 731,198 916,343 861,071 <br />$185,145 $733,668 $918,813 $861,071 <br />The accompanying notes are an integral part of these financial statements. <br />Page 64 <br />
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