2019 Comprehensive Annual Financial Report (CAFR)

-33- Exhibit A-14

Statement of Changes in Fiduciary Net Position Fiduciary Funds For the Fiscal Year Ended June 30, 2019

Pension and Benefit Trust Funds

ADDITIONS Employer Contributions Employee Contributions

$

8,372,561 2,459,614

Interest Earnings: Investment Income

243,568

Net Increase (Decrease) in the Fair Value of Investments

1,598,293 1,841,861

Total Investment Income

Total Additions

12,674,036

DEDUCTIONS Benefits Paid

9,628,995

Administrative Expenses

8,008

Total Deductions

9,637,003

Change in Net Position

3,037,033

Net Position Restricted for Pension and Benefits - July 1 Net Position Restricted for Pension and Benefits - June 30

27,335,480 30,372,513

$

The notes to the financial statements are an integral part of this statement.