FY 2023 ADOPTED BUDGET AS OF 9-22-22 - Flipbook - Page 297
FUND: POLICE PENSION - 061
Fund Type
Pension
Fund Family: Trust & Agency
Account
DESCRIPTION
BEGINNING FUND BALANCE
REVENUE
Police Pension Fund
Summary
Actual
FY19-20
Actual
FY20-21
Profile
Fiduciary
Adopted
FY21-22
Projected
FY21-22
Proposed
FY22-23
% Change
Proposed/
Projected
21,680,255 21,957,933 22,842,587 25,513,666 26,421,228
312-50-51
POLICE INSURANCE
166,208
163,989 171,194 171,194 164,000
(0.04)
361-10-00
INTEREST
295,741
71,987 230,000 230,000 100,000
(0.57)
361-20-00
340,934
- 320,000 320,000 -
(1.00)
367-10-00
DIVIDEND INCOME
GAIN & LOSS SALE OF
INVESTMENTS
(447,497) 3,726,866 173,584 173,584 3,000,000
16.28
368-10-00
CITY CONTRIBUTION
1,048,482
(0.09)
368-20-00
2200-518
POLICE CONTRIBUTION
105,471 161,484 138,952 138,952 161,485
TOTAL REVENUE 1,509,339 5,134,431 2,147,562 2,147,562 4,436,485
TOTAL REVENUES &
BALANCES
23,189,594 27,092,364 24,990,149 27,661,228 30,857,713
EXPENDITURES
518-30-34
PENSION BENEFITS
1,221,351 1,050,000 1,050,000 1,200,000
0.14
518-30-49
OTHER CURRENT CHARGES
184,844 357,347 190,000 190,000 350,000
TOTAL EXPENDITURES 1,231,661 1,578,698 1,240,000 1,240,000 1,550,000
RESERVED PLAN ASSETS
21,957,933 25,513,666 23,750,149 26,421,228 29,307,713
TOTAL ENDING FUND
BALANCE
21,957,933 25,513,666 23,750,149 26,421,228 29,307,713
0.84
0.25
1,046,817
1,010,105 1,113,832 1,113,832 1,011,000
City of Eustis, Florida
Adopted Annual Budget
0.16
1.07
0.12
0.11
0.11
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