1 minute read
Exhibit 44: Schedule of Revenues, Expenditures and Changes in Fund Balances – Budget and Actual Non-GAAP Budgetary Basis
CITY OF SUFFOLK, VIRGINIA
REQUIRED SUPPLEMENTARY INFORMATION SCHEDULE OF CONTRIBUTIONS - OPEB CITY STATE VRS PLANS FOR THE YEAR ENDED JUNE 30, EXHIBIT 25
Date Contractually Required Contribution Contribution in Relation to Contractually Required Contribution Contribution Deficiency (Excess)
Employer's Covered Payroll Contributions as a % of Covered Payroll
City Group Life Insurance Program (GLI)
2013 264,481$ 264,481$ -$ 55,100,255$ 0.48% 2014 271,524 271,524 - 56,567,440 0.48% 2015 275,235 275,235 - 57,340,704 0.48% 2016 283,950 283,950 - 59,156,221 0.48% 2017 333,605 333,605 - 64,154,851 0.52% 2018 345,599 345,599 - 66,461,255 0.52% 2019 348,212 348,212 - 66,963,814 0.52% 2020 432,439 432,439 - 69,692,322 0.62% 2021 375,217 375,217 - 69,484,722 0.54% 2022 385,940 385,940 - 72,564,393 0.53%
City Line of Duty Act Program (LODA)
2013 246,435$ 246,435$ -$ 21,550,008$ 1.14% 2014 283,038 283,038 - 21,413,893 1.32% 2015 274,077 274,077 - 21,823,152 1.26% 2016 270,316 270,316 - 21,832,593 1.24% 2017 298,011 298,011 - 23,102,737 1.29% 2018 304,819 304,819 - 24,288,204 1.26% 2019 352,885 352,885 - 28,324,247 1.25% 2020 373,881 373,881 - 29,370,754 1.27% 2021 383,044 383,044 - 27,241,531 1.41% 2022 358,834 358,834 - 31,137,183 1.15%