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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 />LITTLE CANADA FIREMEN'S RELIEF ASSOCIATION <br />PROJECTED ANNUAL FINANCIAL REQUIREMENTS <br />$2,100 <br />WITH ROSTER CHANGES <br />$2,100 <br />7% <br />Page 2 of 4 <br />1995 1996 1997 1998 1999 2000 <br />$88,175 $81,514 $79,421 $80,145 $78,941 $63,924 <br />3,500 3,500 3,500 3,500 3,500 3,500 <br />91,675 85,014 82,921 83,645 82,441 67,424 <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 6,532 5,908 5,428 4,938 4,550 <br />Interest @ 7% 63,112 60,174 57,974 59,735 65,075 70,437 <br />Total anticipated revenue 89,388 86,746 83,921 85,203 90,051 95,026 <br />Required city support $2,287 $0 $0 $0 $0 $0 <br />Page 52 <br />