Laserfiche WebLink
LITTLE CANADA FIREMEN'S RELIEF ASSOCIATION <br />PROJECTED ANNUAL FINANCIAL REQUIREMENTS <br />SPECIAL FUND PROJECTION @ $2,000 PER YEAR OF SERVICE <br />WITH ROSTER CHANGES <br />1994 1995 1996 1997 1998 1999 <br />Schedule A -2 <br />Annual Financial Requirements: <br />Service pensions costs: <br />Normal cost $77,549 $76,452 $78,065 $76,078 $77,653 $17,070 <br />Deficit amortization: <br />9/90 benefit increase <br />11/91 benefit increase 0 0 0 0 0 0 <br />1993 benefit increase 0 0 0 0 0 0 <br />Administrative costs 3,500 3,500 3,500 3,500 3,500 3500 <br />Total financial requirements 81,049 79,952 81,565 79,578 81,153 20,570 <br />Anticipated revenue: <br />State aid - @ 5% increase 23,121 24,277 25,491 26,766 28,104 29,509 <br />0 0 0 0 0 0 <br />Surplus amortization ' 0 0 0 0 0 0 <br />Interest@ 5% 43,935 41,862 42,835 41,138 44,942 48,824 <br />Total anticipated revenue 67,056 66,139 68,326 67,904 73,046 78,333 <br />Required city support <br />2/20/93 <br />$13,993 $13,813 $13,239 $11,674 $S,107 $0 <br />Page 19 <br />