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Annual Financial Requirements:
<br />Service pensions costs:
<br />Normal cost
<br />Deficit amortization:
<br />9190 benefit Increase
<br />11/91 benefit increase
<br />5/93 benefit increase
<br />Administrative costs
<br />Total financial requirements
<br />$2,050
<br />6%
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<br />LITTLE CANADA FIREMEN'S RELIEF ASSOCIATION
<br />PROJECTED ANNUAL FINANCIAL REQUIREMENTS
<br />$2050
<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 7,690 7,067 6,298 5,591 4,961
<br />Interest @ 6% 53,803 51,346 49,331 50,675 54,998 58,992
<br />Total anticipated revenue 80,079 79,075 76,436 77,011 80,628 83,992
<br />Required city support $9,663 $4,103 $4,702 $4,837 $49 $0
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