2022 Annual Comprehensive Financial Report

Schedule 84

Statement of Changes in Fiduciary Net Position Fiduciary Funds For the Fiscal Year Ended June 30, 2022

LEOSSA Pension Benefit

Other

Postemployment Benefit (OPEB)

Trust

Trust

Total

ADDITIONS Employer Contributions Employee Contributions

$

2,992,404

$

6,230,094 1,992,193

$

9,222,498 1,992,193

Interest Earnings: Investment Income

57,860

243,881

301,741

Net Increase (Decrease) in the Fair Value of Investments

(1,353,980) (1,296,120)

(4,915,295) (4,671,414)

(6,269,275) (5,967,534)

Total Investment Income

Total Additions

1,696,284

3,550,873

5,247,157

DEDUCTIONS Benefits Paid

2,989,133

7,722,286

10,711,419

Administrative Expenses

5,454

8,008

13,462

Total Deductions

2,994,587

7,730,294

10,724,881

Change in Net Position

(1,298,303)

(4,179,421)

(5,477,724)

Net Position Restricted for Pension and Benefits - July 1

9,391,417

34,410,457

43,801,874

Net Position Restricted for Pension and Benefits - June 30

$

8,093,114

$

30,231,036

$

38,324,150

-173