COG Comprehensive Annual Financial Report
-34- Exhibit A-14
Statement of Changes in Fiduciary Net Position Fiduciary Funds For the Fiscal Year Ended June 30, 2018
Pension and Benefit Trust Funds
ADDITIONS Employer Contributions Employee Contributions
$
9,945,413 2,271,368
Interest Earnings: Investment Income
272,365
Net Increase (Decrease) in the Fair Value of Investments
1,314,652 1,587,017
Total Investment Income
Total Additions
13,803,798
DEDUCTIONS Benefits Paid
10,213,270
Administrative Expenses
7,445
Total Deductions
10,220,715
Change in Net Position
3,583,083
Net Position Restricted for Pension and Benefits - July 1 Net Position Restricted for Pension and Benefits - June 30
23,752,397 27,335,480
$
The notes to the financial statements are an integral part of this statement.
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