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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 Last Ten Years <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 16.20% <br />2016 424,970 424,970 - 2,623,271 16.20% <br />2017 416,665 416,665 - 2,572,006 16.20% <br />2018 420,821 420,821 - 2,597,660 16.20% <br />2019 452,731 452,731 - 2,670,979 16.95% <br />2020 444,711 444,711 - 2,512,491 17.70% <br />2021 479,593 479,593 - 2,709,565 17.70% <br />2022 524,594 524,594 - 2,963,805 17.70% <br />2023 541,104 541,104 - 3,057,084 17.70% <br />The schedule is provided prospectively beginning with the City's fiscal year ended December 31, 2015 and is intended <br />to show a ten year trend. Additional years will be reported as they become available. <br />See accompanying notes to the required supplementary information. <br />93 <br />100