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05-26-1993 Council Agenda
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05-26-1993 Council Agenda
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Annual Financial Requirements: <br />Service pensions costs: <br />Normal cost <br />Deficit amortization <br />9/90 benefit increase <br />11/91 benefit increase <br />1993 benefit increase <br />LITTLE CANADA FIREMEN'S RELIEF ASSOCIATION <br />PROJECTED ANNUAL FINANCIAL REQUIREMENTS <br />SPECIAL FUND PROJECTION @ 52,100 PER YEAR OF SERVICE <br />WITH ROSTER CHANGES <br />Schedule C -2 <br />1994 1995 1996 1997 1998 1999 <br />581289 580,188 581,879 579,790 581.441 517,826 <br />3.527 3,527 3,527 3,527 3,527 3,527 <br />0 0 0 0 0 0 <br />Administrative costs 3500 3.500 3.500 3.500 3.500 3.500 <br />Total financial requirements 88316 87215 88906 86,817 88,468 24.853 <br />. Anticipated revenue: <br />Stare aid - filfreave 20,971 20,971 20971 20,971 22,020 23.121 <br />0 0 0 0 0 0 <br />Surplus amortization 0 0 0 0 0 0 <br />Interest @ 41 1°4 60.764 57954 59.625 57,371 63.203 49394 <br />Total anticipated revenue 81.735 78,925 80596 78342 85.223 72515 <br />Required city support 56.581 58290 58310 58.475 53.245 SO <br />Page 84 <br />
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