2021 Annual Comprehensive Financial Report

CITY OF SHAKOPEE

SCHEDULE OF CITY CONTRIBUTIONS LAST 10 YEARS PUBLIC EMPLOYEES POLICE AND FIRE RETIREMENT FUND

Contributions in Relation to the Statutorily

Statutorily Required Contribution

Contribution Deficiency

Contributions as a percentage of Covered Payroll

Required

City's Covered

For the Fiscal Year Ended

Contributions

(Excess)

Payroll

$

1,044,257

$

1,044,257

$

- - - - - - -

$

5,899,757 5,750,663 5,588,012 5,256,945 4,869,154 4,703,401 4,447,611

17.70% 16.95% 16.95% 16.20% 16.20% 16.20% 16.20%

December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015

974,737 947,168 851,625 788,803 761,951 720,513

974,737 947,168 851,625 788,803 761,951 720,513

* Schedule is to be provided prospectively beginning with the City's fiscal year ended June 30, 2015, or after.

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