2020 Comprehensive Annual Financial Report

-33- Exhibit A-14

Statement of Changes in Fiduciary Net Position Fiduciary Funds For the Fiscal Year Ended June 30, 2020

Pension and Benefit Trust Funds

ADDITIONS Employer Contributions Employee Contributions

$

9,813,966 2,147,474

Interest Earnings: Investment Income

1,026,843

Net Increase (Decrease) in the Fair Value of Investments

449,447 1,476,290

Total Investment Income

Total Additions

13,437,730

DEDUCTIONS Benefits Paid

9,958,238

Administrative Expenses

7,978

Total Deductions

9,966,216

Change in Net Position

3,471,514

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

30,372,513 33,844,027

$

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