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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 />5/93 benefit increase
<br />Administrative costs
<br />Total financial requirements
<br />$2,050
<br />5%
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<br />LITTLE CANADA FIREMEN'S REUEF ASSOCIATION
<br />PROJECTED ANNUAL FINANCIAL REQUIREMENTS
<br />$2,050
<br />WITH ROSTER CHANGES
<br />1995 1996 1997 1998 1999 2000
<br />$86,242 $79,678 $77,638 $78,348 $77,176 $62,520
<br />3,500 3,500 3,500 3,500 3,500 3,500
<br />89,742 83,178 81,138 81,848 80,676 66,020
<br />Anticipated revenue:
<br />State aid - Frozen @ 1993 amount. 20,039 20,039 20,039 20,039 20,039 20,039
<br />0 0 0 0 0 0
<br />Surplus amortization 6,237 6,762 6,139 5,462 4,849 4,302
<br />Interest @ 5% 44,372 42,324 40,692 41,858 45,502 48,868
<br />Total anticipated revenue 70,648 69,126 66,869 67,359 70,390 73,209
<br />Required city support $19,094 $14,052 $14,269 $14,489 $10,287 $0
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