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10-24-2016 Council Packet
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10-24-2016 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
10/24/2016
Council Meeting Type
Regular
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CITY OF LINO LAKES, MINNESOTA <br />REQUIRED SUPPLEMENTARY INFORMATION <br />PERA SCHEDULE OF CITY'S PROPORTIONATE SHARE OF lHE NET PENSION LIABILITY <br />Last Ten Fiscal Years <br />PEPFF Schedule ofthe City's Proportionate Share of the Net Pension Liability <br />Last Ten Fiscal Years* <br />City's Proportion of the Net Pension Liability <br />City's Proportionate Share of the Net Pension Liability <br />City's Covered-Employee Payroll <br />City's Proportionate Share of the Net Pension Liability as a Percentage oflts <br />Covered-Employee Payroll <br />Plan Fiduciary Net Position as a Percentage of the Total Pension Liability <br />*The Amounts Presented for Each Fiscal Year were Determined as of 6/30. <br />PEPFF Schedule of City Contributions <br />Last Ten Fiscal Years <br />Statutorily Required Contributioo <br />Cootributions in Relation to the Statutorily Required Cootributioo <br />Contribution Deficiency (Excess) <br />City's Covered-Employee Payroll <br />Contributioos as a Percentage of Covered Employee Payroll <br />NOTE: Information prior to 2014 is not available <br />$ <br />$ <br />$ <br />$ <br />$ <br />Measurement <br />Date 6/30/2015 <br />0.2490% <br />2,829,223 $ <br />2,284,973 $ <br />123.82% <br />86.61% <br />2015 <br />393,551 <br />(393,551l <br />2,429,327 <br />16.20"i. <br />$ <br />J <br />$ <br />Measurement <br />Date 6/3012014 <br />0.2490"/o <br />2,029,320 <br />2,236,463 <br />2014 <br />90.74% <br />87.10% <br />314,426 <br />(314,426) <br />2,055,072 <br />15.30"/o <br />CITY OF LINO LAKES, MINNESOTA <br />REQUIRED SUPPLEMENTARY INFORMATION <br />PERA SCHEDULE OF CITY'S PROPORTIONATE SHARE OF lHE NET PENSION LIABILITY <br />Last Ten Fiscal Years <br />GERF Schedule of the City's Proportionate Share of the Net Pension Liability <br />Last Ten Fiscal Years* <br />City's Proportion of the Net Pension Liability <br />City's Proportionate Share of the Net Pension Liability <br />City's Covered-Employee Payroll <br />City's Proportionate Share of the Net Pension Liability as a Percentage of Its <br />Covered-Employee Payroll <br />Plan Fiduciary Net Position as a Percentage of the Total Pension Liability <br />*The Amounts Presented for Each Fiscal Year were Determined as of 6/30. <br />GERF Schedule of City Contributions <br />Last Ten Fiscal Years <br />Statutorily Required Contribution <br />Contributioos in Relation to the Statutorily Required Contributioo <br />Contribution Deficiency (Excess) <br />City's Covered-Employee Payroll <br />Contributions as a Percentage of Covered Employee Payroll <br />NOTE: Information prior to 2014 is not available <br />$ <br />$ <br />$ <br />$ <br />$ <br />Measurement <br />Date 6/3012015 <br />0.0410% <br />2,124,883 $ <br />2,407,426 $ <br />2015 <br />88.26% <br />78.20% <br />182,102 $ <br />(182,102) - <br />J <br />2,428,027 $ <br />7.5% <br />Measurement <br />Date 6/30/2014 <br />0.0432% <br />2,039,320 <br />2,240,493 <br />2014 <br />91.02% <br />78.70% <br />162,934 <br />(162,934) <br />2,247,366 <br />7.25% IV-38
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