2024 Annual Comprehensive Report

Schedule 8 3

Statement of Changes in Fiduciary Net Position Fiduciary Funds For the Fiscal Year Ended June 30, 2024

LEOSSA Pension Benefit

Other

Postemployment Benefit (OPEB)

Trust

Trust

Total

ADDITIONS Employer Contributions Employee Contributions

$

3,306,532

$

5,788,531 2,006,821

$

9,095,063 2,006,821

Interest Earnings: Investment Income

77,020

354,703

431,723

Net Increase (Decrease) in the Fair Value of Investments

1,243,536 1,320,556

4,362,359 4,717,062

5,605,895 6,037,618

Total Investment Income

Total Additions

4,627,088

12,512,414

17,139,502

DEDUCTIONS Benefits Paid

3,303,308

7,295,353

10,598,661

Administrative Expenses

5,441

9,008

14,449

Total Deductions

3,308,749

7,304,361

10,613,110

Change in Net Position

1,318,339

5,208,053

6,526,392

Net Position Restricted for Pension and Benefits - July 1

8,976,031

34,243,114

43,219,145

Net Position Restricted for Pension and Benefits - June 30

$

10,294,370

$

39,451,167

$

49,745,537

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