CAFR 2016

Schedule 2

Other Post Employment Benefit Plan Required Supplementary Information Fiscal Years Ended June 30, 2006-2016

Schedule of Funding Progress

Unfunded Actuarial Accrued Liability as a Percentage of Covered Payroll

Actuarial Accrued Liability - Projected Unit Credit (b)

Unfunded Actuarial Accrued Liability (b) - (a) $44,832,743 56,147,248 78,478,063 75,049,252 70,587,731 74,894,197 75,070,446

Actuarial Value of Assets (a)

Actuarial Valuation Date 12/31/05 12/31/07 12/31/10 12/31/12 12/31/12 12/31/14 12/31/14

Funded Ratio (a) / (b)

Covered Payroll (c)

$ -

$44,832,743 57,187,696 83,863,536 83,627,059 83,627,059 90,252,610 90,252,610

-

$118,928,047 132,329,610 136,912,251 131,076,275 135,008,563 142,118,900 146,382,467

37.7%

1,040,448 5,385,473 8,577,807 13,039,328 15,358,413 15,182,164

1.8%

42.4 57.3 57.3 52.3 52.7 51.3

6.4

10.3 15.6 17.0 16.8

Schedule of Employer Contributions

Year Ended

Annual Required

Percentage % Contributed

June 30

Contribution

2008 2009 2010 2011 2012 2013 2014 2015 2016

$3,554,069 4,999,407 4,999,407 8,472,184 8,472,184 8,726,350 8,077,527 8,413,843 8,711,948

100.0

99.7

104.2 95.6 94.0 91.6 81.9 54.3 102.7

Notes to the Required Schedules:

The information presented in the required supplementary schedules was determined as part of the actuarial valuations at the dates indicated. Additional information as of the latest actuarial valuation follows:

12/31/2014

Valuation Date Actuarial Cost Method Amortization Method Asset Valuation Method Actuarial Assumptions: Remaining Amortization Period

Projected Unit Credit

Level percent of pay, closed

26 Years

Market Value

Investment Rate of Return (1) Medical Cost Trend Rate Year of Ultimate Trend Rate

7.25%

7.50% - 5.00%

2020

(1) Includes inflation at

3.00%

-40-