COG Comprehensive Annual Financial Report

-34- Exhibit A-14

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

Pension and Benefit Trust Funds

ADDITIONS Employer Contributions Employee Contributions

$

9,945,413 2,271,368

Interest Earnings: Investment Income

272,365

Net Increase (Decrease) in the Fair Value of Investments

1,314,652 1,587,017

Total Investment Income

Total Additions

13,803,798

DEDUCTIONS Benefits Paid

10,213,270

Administrative Expenses

7,445

Total Deductions

10,220,715

Change in Net Position

3,583,083

Net Position Restricted for Pension and Benefits - July 1 Net Position Restricted for Pension and Benefits - June 30

23,752,397 27,335,480

$

The notes to the financial statements are an integral part of this statement.