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CITY OF MOUNDS VIEW
<br />PERA — Public Employees Police and Fire Fund
<br />Schedule of City's and Nonemployer Proportionate Share of Net Pension Liability
<br />Year Ended December 31, 2023
<br />Proportionate
<br />Share of the
<br />City's
<br />Net Pension
<br />Proportionate
<br />Liability and
<br />City's
<br />Share of the
<br />the City's
<br />Proportionate
<br />Plan Fiduciary
<br />State of
<br />Share of the
<br />Share of the
<br />Net Position
<br />City's
<br />City's
<br />Minnesota's
<br />State of
<br />Net Pension
<br />as a
<br />PERA Fiscal
<br />Proportion
<br />Proportionate
<br />Proportionate
<br />Minnesota's
<br />Liability as a
<br />Percentage
<br />Year -End Date
<br />of the Net
<br />Share of the
<br />Share of the
<br />Share of the
<br />City's
<br />Percentage of
<br />of the Total
<br />City Fiscal (Measurement
<br />Pension
<br />Net Pension
<br />Net Pension
<br />Net Pension
<br />Covered
<br />Covered
<br />Pension
<br />Year -End Date Date)
<br />Liability
<br />Liability
<br />Liability
<br />Liability
<br />Payroll
<br />Payroll
<br />Liability
<br />12/31/2015
<br />06/30/2015
<br />0.1570%
<br />$
<br />1,783,887
<br />$
<br />—
<br />$
<br />1,783,887
<br />$
<br />1,440,337
<br />123.85%
<br />86.60%
<br />12/31/2016
<br />06/30/2016
<br />0.1590%
<br />$
<br />6,380,947
<br />$
<br />—
<br />$
<br />6,380,947
<br />$
<br />1,533,300
<br />416.16%
<br />63.90%
<br />12/31/2017
<br />06/30/2017
<br />0.1510%
<br />$
<br />2,038,680
<br />$
<br />—
<br />$
<br />2,038,680
<br />$
<br />1,545,377
<br />131.92%
<br />85.40%
<br />12/31/2018
<br />06/30/2018
<br />0.1565%
<br />$
<br />1,668,130
<br />$
<br />—
<br />$
<br />1,668,130
<br />$
<br />1,694,461
<br />98.45%
<br />88.80%
<br />12/31/2019
<br />06/30/2019
<br />0.1727%
<br />$
<br />1,838,567
<br />$
<br />—
<br />$
<br />1,838,567
<br />$
<br />1,819,880
<br />101.03%
<br />89.30%
<br />12/31/2020
<br />06/30/2020
<br />0.1693%
<br />$
<br />2,231,556
<br />$
<br />52,575
<br />$
<br />2,284,131
<br />$
<br />1,911,207
<br />116.76%
<br />87.20%
<br />12/31/2021
<br />06/30/2021
<br />0.1731%
<br />$
<br />1,336,148
<br />$
<br />60,075
<br />$
<br />1,396,223
<br />$
<br />2,046,371
<br />65.29%
<br />93.70%
<br />12/31/2022
<br />06/30/2022
<br />0.1846%
<br />$
<br />8,033,063
<br />$
<br />350,994
<br />$
<br />8,384,057
<br />$
<br />2,226,856
<br />360.74%
<br />70.50%
<br />12/31/2023
<br />06/30/2023
<br />0.1606%
<br />$
<br />2,773,354
<br />$
<br />111,733
<br />$
<br />2,885,087
<br />$
<br />2,125,096
<br />130.50%
<br />86.50%
<br />PERA — Public Employees Police and Fire Fund
<br />Schedule of City Contributions
<br />Year Ended December 31, 2023
<br />City Fiscal
<br />Year -End Date
<br />Statutorily
<br />Required
<br />Contributions
<br />Contributions
<br />in Relation to
<br />the Statutorily
<br />Required
<br />Contributions
<br />Contribution
<br />Deficiency
<br />(Excess)
<br />Covered
<br />Payroll
<br />Contributions
<br />as a
<br />Percentage
<br />of Covered
<br />Payroll
<br />12/31/2015
<br />$
<br />244,551
<br />$ 244,551
<br />$ —
<br />$
<br />1,509,576
<br />16.20%
<br />12/31/2016
<br />$
<br />246,897
<br />$ 246,897
<br />$ —
<br />$
<br />1,524,057
<br />16.20%
<br />12/31/2017
<br />$
<br />258,079
<br />$ 258,079
<br />$ —
<br />$
<br />1,593,084
<br />16.20%
<br />12/31/2018
<br />$
<br />279,204
<br />$ 279,204
<br />$ —
<br />$
<br />1,723,481
<br />16.20%
<br />12/31/2019
<br />$
<br />322,054
<br />$ 322,054
<br />$ —
<br />$
<br />1,900,022
<br />16.95%
<br />12/31/2020
<br />$
<br />358,581
<br />$ 358,581
<br />$ —
<br />$
<br />2,025,880
<br />17.70%
<br />12/31/2021
<br />$
<br />375,790
<br />$ 375,790
<br />$ —
<br />$
<br />2,123,108
<br />17.70%
<br />12/31/2022
<br />$
<br />381,542
<br />$ 381,542
<br />$ —
<br />$
<br />2,155,605
<br />17.70%
<br />12/31/2023
<br />$
<br />369,861
<br />$ 369,861
<br />$ —
<br />$
<br />2,089,607
<br />17.70%
<br />Note: The City implemented GASB Statement No. 68 in fiscal 2015 (using a June 30, 2015 measurement date). This schedule is intended to present
<br />10-year trend information. Additional years will be added as they become available.
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