COG Comprehensive Annual Financial Report

Schedule 85

Statement of Changes in Fiduciary Net Position Fiduciary Funds For the Fiscal Year Ended June 30, 2018

LEOSSA Pension Benefit Trust

Other Postemployment Benefit (OPEB) Trust

Total

ADDITIONS Employer Contributions Employee Contributions

$

2,671,394

$

7,274,019 2,271,368

$

9,945,413 2,271,368

Interest Earnings: Investment Income

76,688

195,677

272,365

Net Increase (Decrease) in the Fair Value of Investments

332,761 409,449

981,891 1,177,568

1,314,652 1,587,017

Total Investment Income

Total Additions

3,080,843

10,722,955

13,803,798

DEDUCTIONS Benefits Paid

2,667,883

7,545,387 3,909 7,549,296

10,213,270 7,445 10,220,715

Administrative Expenses

3,536

Total Deductions

2,671,419

Change in Net Position

409,424

3,173,659

3,583,083

Net Position Restricted for Pension and Benefits - July 1

6,372,475

17,379,922

23,752,397

Net Position Restricted for Pension and Benefits - June 30

$

6,781,899

$

20,553,581

$

27,335,480

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