2023 Annual Comprehensive Report

Schedule 79

Statement of Changes in Fiduciary Net Position Fiduciary Funds For the Fiscal Year Ended June 30, 2023

LEOSSA Pension Benefit

Other

Postemployment Benefit (OPEB)

Trust

Trust

Total

ADDITIONS Employer Contributions Employee Contributions

$

3,088,270

$

6,670,921 2,177,456

$

9,759,191 2,177,456

Interest Earnings: Investment Income

(28,004)

(126,469)

(154,473)

Net Increase (Decrease) in the Fair Value of Investments

3,145,155 3,018,686

912,676 884,672

4,057,831 3,903,358

Total Investment Income

Total Additions

3,972,942

11,867,063

15,840,005

DEDUCTIONS Benefits Paid

3,085,024

7,848,377

10,933,401

Administrative Expenses

5,001

6,608

11,609

Total Deductions

3,090,025

7,854,985

10,945,010

4,012,078

4,894,995

Change in Net Position

882,917

Net Position Restricted for Pension and Benefits - July 1

8,093,114

30,231,036

38,324,150

Net Position Restricted for Pension and Benefits - June 30

$

8,976,031

$

34,243,114

$

43,219,145

-170