2022 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

Required Statutorily Contribution

Deficiency Contribution

a percentage of Covered Payroll Contributions as

Required

City's Covered

For the Fiscal Year Ended

Contributions

(Excess)

Payroll

$

1,084,634 1,044,257

$

1,084,634 1,044,257

$

- - - - - - - -

$

4,703,401 4,447,611 4,869,154 5,750,663 5,588,012 5,256,945 5,899,757 6,127,876

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

December 31, 2015 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016

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

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

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

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