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Annual Financial Requirements:
<br />Service pensions costs:
<br />Noanal cost
<br />Deficit amortization
<br />9/90 benefit increase
<br />11/91 benefit increase
<br />1993 benefit increase
<br />Administrative costs
<br />Total financial requirements
<br />LITTLE CANADA FIREMEN'S REIIFF ASSOCIATION
<br />PROJECTED ANNUAL FINANCIAL REQUIREMENTS
<br />SPECIAL FUND PROJECTION © $2,150 PER YEAR OF SERVICE
<br />WITH ROSTER CHANGES
<br />1994 1995 1996 1997 1998 1999
<br />Schedule D-2
<br />$83,159 $82,056 $83,786 $81,646 $83,335 $18,204
<br />3,527 3 ,527 3,527 3,527 3,527 3,527
<br />1549 1,549 1,549 1,549 1,549 1,549
<br />3 ,500 3,500 3 ,500 3,500 3 ,500 3 ,500
<br />91,735 90,632 92,362 90,222 91,911 26,780
<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% 43,215 41,231 42 ,524 40,947 45,283 49,703
<br />Total anticipated revenue 66,336 65 ,508 68,015 67,713 73,387 79,212
<br />Required city support
<br />2/22/93
<br />$25399 $25,124 $24,347 $22 ,509 $18,524 SO
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