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Comprehensive Annual Financial Report 12/31/2016
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Comprehensive Annual Financial Report 12/31/2016
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Comprehensive Annual Financial Report
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12/31/2016
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CITY OF LINO LAKES, MINNESOTA <br />REQUIRED SUPPLEMENTARY INFORMATION <br />SCHEDULE OF PROPORTIONATE SHARE OF NET PENSION LIABILITY - <br />PUBLIC EMPLOYEES POLICE AND FIRE FUND <br />For The Year Ended December 31, 2016 <br />Proportion <br />(Percentage) of <br />Measurement Fiscal Year the Net Pension <br />Date Ending Liability <br />June 30, 2015 December 31, 2015 0.2490% <br />June 30, 2016 December 31, 2016 0.2590% <br />Statement 15 <br />The schedule is provided prospectively beginning with the City's fiscal year ended December 31, 2015 and is intended to <br />show a ten year trend. Additional years will be reported as they become available. <br />M <br />Proportionate Share <br />Proportionate <br />of the Net Pension <br />Plan Fiduciary <br />Share (Amount) <br />Liability as a <br />Net Position as <br />of the Net <br />Percentage of its <br />a Percentage <br />Pension <br />Covered <br />Covered <br />of the Total <br />Liability (a) <br />Payroll (b) <br />Payroll (a/b) <br />Pension Liability <br />$2,829,223 <br />$2,284,973 <br />123.8% <br />86.6% <br />10,394,121 <br />2,495,778 <br />416.5% <br />63.9% <br />The schedule is provided prospectively beginning with the City's fiscal year ended December 31, 2015 and is intended to <br />show a ten year trend. Additional years will be reported as they become available. <br />M <br />
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