2020 Comprehensive Annual Financial Report

CITY OF SHAKOPEE

SCHEDULE OF CITY CONTRIBUTIONS AND NON-EMPLOYER CONTRIBUTING ENTITIES - FIRE RELIEF ASSOCIATION

a Percentage of Contributions as

Actuarial

Actual

Deficiency Contribution

Covered Payroll Employee

Employee Payroll Covered

For the Fiscal Year Ended

Determined Contribution

Contributions

Paid

(Excess)

2% State Aid

December 31, 2019 December 31, 2018 December 31, 2014 December 31, 2015 December 31, 2016 December 31, 2017

$

- - - - -

$

- - - - -

$

- - - - - -

$

287,106 259,378 227,168 244,626 246,910 250,336

n/a n/a n/a n/a n/a n/a

n/a n/a n/a n/a n/a n/a

113,868

113,868

The Association implemented the Provisions of Governmental Accounting Standards Board Statement No. 68 for the year ended December 31, 2015. The schedules within the Required Supplementary Information section required a ten-year presentation, but does not require retroactive reporting. Information prior to 2014 is not available. Additional years will be reported as they become available.

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