FY 2026 Adopted Budget - Flipbook - Page 331
FUND:
POLICE PENSION - 061
Fund Type
Pension | Governmental
Fund Family: Trust & Agency
Account
312-50-51
361-10-00
367-10-00
368-10-00
368-20-00
2200-518
518-30-34
518-30-49
8100-518
Profile
Non-Major Fund
Police Pension Fund
Summary
DESCRIPTION
Actual
FY 22-23
Actual
FY 23-24
Adopted
FY 24-25
Projected
FY 24-25
Proposed
FY 25-26
% Change
Proposed/
Projected
BEGINNING FUND BALANCE
21,186,388
23,470,145
25,023,145
23,470,145
25,255,145
7.61%
REVENUE
Police Insurance Prem. Tax
Interest
Sale of Investments (Gain/Loss)
City Contribution
Police Contribution
TOTAL REVENUE
205,166
74,406
2,471,832
1,085,519
173,580
4,010,503
-
200,000
100,000
2,000,000
1,200,000
185,000
3,685,000
200,000
100,000
2,000,000
1,200,000
185,000
3,685,000
230,000
100,000
2,000,000
1,200,000
195,000
3,725,000
15.00%
0.00%
0.00%
0.00%
5.41%
1.09%
TOTAL REVENUES &
BALANCES
25,196,891
23,470,145
28,708,145
27,155,145
28,980,145
6.72%
EXPENDITURES
Pension Benefits
Other Current Charges
Transfer To General Fund
TOTAL EXPENDITURES
1,666,863
59,883
1,726,746
-
1,550,000
350,000
1,900,000
1,550,000
350,000
1,900,000
1,550,000
350,000
1,100
1,901,100
0.00%
0.00%
RESERVED PLAN ASSETS
23,470,145
23,470,145
26,808,145
25,255,145
27,079,045
7.22%
TOTAL ENDING FUND
BALANCE
23,470,145
23,470,145
26,808,145
25,255,145
27,079,045
7.22%
0.06%
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