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REQUIRED SUPPLEMENTARY INFORMATION
CITY OF FAYETTEVILLE, GEORGIA
SCHEDULE OF CHANGES IN THE CITY'S NET PENSION LIABILITY AND RELATED RATIOS FOR THE FISCAL YEAR ENDED JULY 31
Notes to the Schedule
The schedule will present 10 years of information once it is accumulated.
Schedule Of City Contributions For The Fiscal Year Ended July 31
Sum of actuarial value at beginning of year and the cash flow during the year plus the assumed investment return, adjusted by 10% of the amounts that the value exceeds or is less than the market value at the end of the year. The actuarial value is adjusted, if necessary, to be within 20% of market value.
Remaining amortization period varies for the bases, with a net effective amortization period of 10 years.
The schedule will present 10 years of information once it is accumulated.