2018 City of Shakopee Comprehensive Annual Financial Report

CITY OF SHAKOPEE SCHEDULE OF CITY CONTRIBUTIONS AND NON-EMPLOYER CONTRIBUTING ENTITIES - FIRE RELIEF ASSOCIATION

Contributions as a Percentage of Covered Employee Payroll

Actuarial Determined Contribution

Actual Contributions Paid

Contribution Deficiency (Excess)

Covered Employee Payroll

For the Fiscal Year Ended December 31, 2017 December 31, 2016 December 31, 2015 December 31, 2014

2% State Aid 250,336 $

$

- - -

$

- - -

$

- - - -

n/a n/a n/a n/a

n/a n/a n/a n/a

246,910 244,626 227,168

113,868

113,868

The Association implemented the Provisions of Governmental Accounting Standards Board Statement No. 68 for the year ended December 31, 2015. The schedules within the Required Supplementary Information section required a ten-year presentation, but does not require retroactive reporting. Information prior to 2014 is not available. Additional years will be reported as they become available.

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