2022 Annual Comprehensive Financial Report

-33 Exhibit A-14

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

Pension and Benefit Trust Funds

ADDITIONS Employer Contributions Employee Contributions

$

9,222,498 1,992,193

Interest Earnings: Investment Income

301,741

Net Increase (Decrease) in the Fair Value of Investments

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

Total Investment Income

Total Additions

5,247,157

DEDUCTIONS Benefits Paid

10,711,419

Administrative Expenses

13,462

Total Deductions

10,724,881

Change in Net Position

(5,477,724)

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

43,801,874 38,324,150

$

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