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Fire Department SVF Plan Membership Date
<br />Benefit Level per Year of Service
<br />AMOUNTS PROJECTED TO 12/31/2023 COMPONENTS OF ANNUAL FINANCIAL REQUIREMENT
<br />Annual Financial Requirement
<br />REDUCTIONS TO ANNUAL FINANCIAL REQUIREMENT Total Reductions to Annual Financial Requirement
<br />Required Contribution Due 12/31/2024
<br />Present Value of Assets Accrued Liability Surplus or (Deficit)Funding Ratio
<br />Increase in Lia-bility Between 12/31/2023 and 12/31/2024
<br />Administrative Fees One-tenth Deficit/(Surplus) Fire State Aid Supplemental State Aid 6% Assumed Interest
<br />A B (A - B)(A / B)C D E (C + D + E)F G H (F + G + H)
<br />Miltona (City)01/01/2018 $2,200 $437,579 $555,098 $(117,520)79%$52,985 $780 $11,752 $65,517 $(15,273)$(2,878)$(26,255)$(44,406)$21,111
<br />Minnesota City (Firefighting
<br />Corp)
<br />01/01/2018 $500 $53,136 $17,765 $35,371 299%$4,212 $360 $(3,537)$1,035 $(7,774)$(1,465)$(3,188)$(12,427) None
<br />Princeton (City)01/01/2018 $5,000 $2,159,748 $2,237,494 $(77,745)97%$172,519 $1,230 $7,775 $181,523 $(79,066)$(14,896)$(129,585)$(223,547) None
<br />Russell (City)01/01/2018 $700 $321,083 $184,399 $136,685 174%$12,873 $690 $(13,668)$(106)$(10,551)$(1,988)$(19,265)$(31,803) None
<br />Schroeder (Township)01/01/2018 $1,500 $286,555 $156,773 $129,782 183%$13,419 $390 $(12,978)$830 $(6,664)$(1,255)$(17,193)$(25,112) None
<br />Vadnais Heights (City)01/01/2018 $6,900 $2,137,469 $1,766,285 $371,184 121%$212,694 $1,680 $(37,118)$177,256 $(88,001)$(16,580)$(128,248)$(232,829) None
<br />Vermilion Lake (Township)01/01/2018 $1,500 $323,054 $331,767 $(8,713)97%$18,576 $480 $871 $19,927 $(8,329)$(1,569)$(19,383)$(29,281) None
<br />Vining (City)01/01/2018 $500 $213,158 $127,161 $85,997 168%$6,536 $660 $(8,600)$(1,404)$(8,885)$(1,674)$(12,789)$(23,348) None
<br />Watertown (City)01/01/2018 $3,100 $1,670,130 $1,200,945 $469,185 139%$85,648 $1,050 $(46,919)$39,780 $(48,647)$(9,165)$(100,208)$(158,020) None
<br />Wells (City)01/01/2018 $2,000 $741,353 $661,941 $79,412 112%$55,041 $900 $(7,941)$48,000 $(25,680)$(4,838)$(44,481)$(74,999) None
<br />Wood Lake (City)01/01/2018 $1,700 $276,638 $282,299 $(5,661)98%$28,534 $810 $566 $29,910 $(10,551)$(1,988)$(16,598)$(29,137)$773
<br />Alaska (Firefighting Corp)01/01/2019 $900 $199,151 $178,194 $20,957 112%$13,344 $540 $(2,096)$11,788 $(7,219)$(1,360)$(11,949)$(20,528) None
<br />Baldwin (Township)01/01/2019 $4,100 $934,121 $905,498 $28,623 103%$105,667 $1,230 $(2,862)$104,035 $(41,520)$(7,822)$(56,047)$(105,389) None
<br />Canton (City)01/01/2019 $600 $162,298 $104,514 $57,784 155%$10,569 $690 $(5,778)$5,481 $(11,106)$(2,092)$(9,738)$(22,936) None
<br />Cotton (Township)01/01/2019 $1,500 $405,454 $300,576 $104,878 135%$21,479 $540 $(10,488)$11,531 $(7,774)$(1,465)$(24,327)$(33,566) None
<br />Cottonwood (City)01/01/2019 $1,400 $716,894 $474,214 $242,680 151%$32,969 $780 $(24,268)$9,481 $(18,627)$(3,509)$(43,014)$(65,150) None
<br />Foxhome (Firefighting Corp)01/01/2019 $1,500 $58,602 $70,517 $(11,915)83%$17,776 $510 $1,192 $19,478 $(9,995)$(1,883)$(3,516)$(15,394)$4,083
<br />Hamburg (City)01/01/2019 $2,000 $560,289 $563,720 $(3,431)99%$40,062 $840 $343 $41,245 $(12,772)$(2,406)$(33,617)$(48,795) None
<br />Hayfield (City)01/01/2019 $2,200 $757,468 $744,679 $12,789 102%$58,857 $960 $(1,279)$58,539 $(30,019)$(5,656)$(45,448)$(81,122) None
<br />International Falls (City)01/01/2019 $3,600 $1,095,786 $869,953 $225,833 126%$98,580 $1,200 $(22,583)$77,197 $(55,330)$(10,424)$(65,747)$(131,501) None
<br />Kiester (City)01/01/2019 $500 $274,885 $157,667 $117,218 174%$8,546 $690 $(11,722)$(2,486)$(13,327)$(2,511)$(16,493)$(32,331) None
<br />Leaf Valley (Township)01/01/2019 $1,700 $442,466 $440,788 $1,678 100%$32,534 $810 $(168)$33,176 $(12,217)$(2,302)$(26,548)$(41,067) None
<br />Ogema (City) 01/01/2019 $500 $70,290 $31,549 $38,741 223%$8,034 $690 $(3,874)$4,850 $(10,384)$(1,956)$(4,217)$(16,558) None
<br />Shafer (City)01/01/2019 $1,500 $424,706 $394,796 $29,910 108%$34,144 $780 $(2,991)$31,933 $(18,857)$(3,553)$(25,482)$(47,892) None
<br />Winthrop (City)01/01/2019 $2,500 $843,352 $845,555 $(2,203)100%$73,679 $960 $220 $74,859 $(17,485)$(3,294)$(50,601)$(71,380)$3,479
<br />Wrenshall (City)01/01/2019 $1,100 $413,895 $303,463 $110,432 136%$20,686 $720 $(11,043)$10,363 $(14,438)$(2,720)$(24,834)$(41,992) None
<br />Brimson (Firefighting Corp)01/01/2020 $1,600 $198,644 $162,890 $35,754 122%$19,949 $480 $(3,575)$16,854 $(7,774)$(1,465)$(11,919)$(21,157) None
<br />Chatfield (City)01/01/2020 $2,450 $565,876 $380,310 $185,566 149%$54,349 $900 $(18,557)$36,692 $(36,914)$(6,955)$(33,953)$(77,822) None
<br />Dunnell (City)01/01/2020 $750 $161,596 $133,600 $27,996 121%$9,176 $510 $(2,800)$6,886 $(7,774)$(1,465)$(9,696)$(18,935) None
<br />Elgin (City)01/01/2020 $1,500 $584,254 $593,250 $(8,996)98%$44,290 $990 $900 $46,180 $(23,762)$(4,477)$(35,055)$(63,294) None
<br />Ellsworth (City)01/01/2020 $700 $334,277 $319,785 $14,492 105%$16,792 $780 $(1,449)$16,123 $(12,772)$(2,406)$(20,057)$(35,235) None
<br />Garvin (City)01/01/2020 $800 $182,243 $72,414 $109,829 252%$6,722 $420 $(10,983)$(3,841)$(9,440)$(1,779)$(10,935)$(22,153) None
<br />Harris (City)01/01/2020 $3,700 $151,062 $135,258 $15,804 112%$47,281 $720 $(1,580)$46,421 $(6,869)$(1,294)$(9,064)$(17,227)$29,194
<br />Hinckley (City)01/01/2020 $2,500 $753,858 $596,929 $156,928 126%$52,084 $840 $(15,693)$37,231 $(28,968)$(5,458)$(45,231)$(79,657) None
<br />Lakewood (Township)01/01/2020 $1,100 $252,663 $181,814 $70,849 139%$17,615 $660 $(7,085)$11,190 $(13,882)$(2,615)$(15,160)$(31,657) None
<br />Makinen (Firefighting Corp)01/01/2020 $800 $95,678 $78,060 $17,618 123%$6,366 $330 $(1,762)$4,934 $(4,998)$(942)$(5,741)$(11,681) None
<br />Remer (City)01/01/2020 $2,300 $448,959 $361,827 $87,132 124%$33,896 $660 $(8,713)$25,843 $(19,418)$(3,658)$(26,938)$(50,014) None
<br />St Anthony Village (City)01/01/2020 $3,800 $1,377,118 $1,026,973 $350,145 134%$65,260 $1,020 $(35,015)$31,266 $(59,541)$(11,218)$(82,627)$(153,386) None
<br />Toivola (Firefighting Corp)01/01/2020 $700 $171,484 $109,045 $62,439 157%$10,356 $630 $(6,244)$4,742 $(7,774)$(1,465)$(10,289)$(19,528) None
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