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Schedule II 29 <br />Ser:tion 1 Determination of Projected Net Assets for the year ending December 31, 1996 <br />i <br />Special Fund Assets at December 31, 199.5 <br />Projected Assets (line 5) <br />6$— 400,045 <br />Accrued Liability (line B. Schedule 1j <br />7$ 367,500 <br />.(See Ending Assets in Reporting Form — 1995) <br />8 S 32,545 <br />is <br />346,927 <br />Projected Income to December 3I, 1996 <br />Normal Cost (Line C, Schedule 1) <br />9$— 23.020 <br />Calculated Administrative Expense (1995 Reporting Form Adm. Exp. $ 2697 x 1..035) <br />Less: <br />10$ 2,791 <br />a. Minnesota State Aid <br />S <br />20,118 <br />Total Subtractions <br />(Use 1995 amount, exclude supplemental) <br />Municipal Contribution 1line 9, plus 10 minus 11) <br />If $1.00 or greater, certify to municipality before August 1, 1996, <br />If negative number, no contribution is due. <br />12 $ (17,56}) <br />GO TO SECTIONS- <br />b. Municipal (independent fire) Contributions <br />S <br />c. Donations (List __ ) <br />$ <br />0 <br />d. Investment Income <br />R <br />10,000 <br />e. Realized Gains (losses) <br />$ <br />7,000 <br />f. Unrealized Gains (losses) <br />$ <br />18,000 <br />g. Other income (Includes Supplemental) <br />$ <br />0 <br />(List — <br />_) <br />Total <br />2S- <br />55,118 <br />Projected Assets plus Income December 31, 1996 (line 1 + line <br />2) <br />3S <br />Projected Disbursements through end of year <br />402,045 <br />h. Pensions <br />S <br />0 <br />i. Other benefits <br />$ <br />6 <br />j. Administrative <br />$ <br />2.000 <br />Total <br />— <br />4 $ <br />2,000 <br />P _red Assets at end of Year (line 3 minus line 4) <br />5 t <br />400.045 <br />Section - Determination of Projected Surplus (Deficit) as of DeLember31, 1996 <br />Projected Assets (line 5) <br />6$— 400,045 <br />Accrued Liability (line B. Schedule 1j <br />7$ 367,500 <br />Surplus (deficit) ( Subtract line 7 from line 6) <br />8 S 32,545 <br />Go to Section 3 if Surplus s Go to Section 4 if Deficit <br />Section 3 Determination of Municipal Contribution (if Surplus) <br />Normal Cost (Line C, Schedule 1) <br />9$— 23.020 <br />Calculated Administrative Expense (1995 Reporting Form Adm. Exp. $ 2697 x 1..035) <br />Less: <br />10$ 2,791 <br />k. Minnesota State Aid S 20,118 <br />1. 5% of line 5 $ 20,002 <br />m )°ro of line 8 $ 3,255 <br />Total Subtractions <br />it S 43.375 <br />Municipal Contribution 1line 9, plus 10 minus 11) <br />If $1.00 or greater, certify to municipality before August 1, 1996, <br />If negative number, no contribution is due. <br />12 $ (17,56}) <br />GO TO SECTIONS- <br />