2020 Comprehensive Annual Financial Report

Schedule 82

Statement of Changes in Fiduciary Net Position Fiduciary Funds For the Fiscal Year Ended June 30, 2020

LEOSSA Pension Benefit

Other

Postemployment Benefit (OPEB)

Trust

Trust

Total

ADDITIONS Employer Contributions Employee Contributions

$

2,906,943

$

6,907,023 2,147,474

$

9,813,966 2,147,474

Interest Earnings: Investment Income

239,246

787,597

1,026,843

Net Increase (Decrease) in the Fair Value of Investments

108,429 347,675

341,018 1,128,615

449,447 1,476,290

Total Investment Income

Total Additions

3,254,618

10,183,112

13,437,730

DEDUCTIONS Benefits Paid

2,903,741

7,054,497

9,958,238

Administrative Expenses

4,331

3,647

7,978

Total Deductions

2,908,072

7,058,144

9,966,216

Change in Net Position

346,546

3,124,968

3,471,514

Net Position Restricted for Pension and Benefits - July 1

7,239,089

23,133,424

30,372,513

Net Position Restricted for Pension and Benefits - June 30

$

7,585,635

$ 26,258,392

$ 33,844,027

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