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CITY OF LINO LAKES, MINNESOTA <br />REQUIRED SUPPLEMENTARY INFORMATION Statement 16 <br />SCHEDULE OF PENSION CONTRIBUTIONS - PUBLIC EMPLOYEES POLICE AND FIRE FUND <br />For The Year Ended December 31, 2018 <br />Statutorily Contributions in Contribution Contributions as a <br />Fiscal Year Required Relation to the Deficiency Covered Percentage of <br />Ending Contribution Statutorily Required (Excess)Payroll Covered <br />December 31,(a)Contribution (b) (a-b)(c)Payroll (b/c) <br />2015 $393,551 $393,551 $ - $2,429,327 16.2% <br />2016 424,970 424,970 - 2,623,271 16.2% <br />2017 416,665 416,665 - 2,572,006 16.2% <br />2018 420,821 420,821 - 2,597,660 16.2% <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 />98