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8D Consent Calendar 2019 0603
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8D Consent Calendar 2019 0603
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5/29/2019 3:47:19 PM
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5/29/2019 3:45:26 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agenda
Document Date (6)
6/3/2019
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PERM
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CITY OF SAN LEANDRO <br />Notes to Required Supplementary Information <br />For the year ended June 30, 2018 <br />City of San Leandro <br />Cost-Sharing Multipe ~poyer Defined Pension Plan -Safety Plan <br />For the Fiscal Year Ended June 30, 2018 <br />SCHEDULE OF CONTRIBUTIONS <br />LastlO Years* <br />2015 2016 2017 <br />Actuarially determined contnbution $ 2,992,821 $ 5,482,854 $ 5,233,646 <br />Contnbutions in relation to the <br />actuarially determined contnbutions (2,992,821) (5,482,854) (5,233,646) <br />Contnbution deficiency (excess) $ $ $ <br />Covered payroll $ 10,794,582 $ 11,439,904 $ 11,316,753 <br />Contnbutions as a percentage of <br />covered payroll 27.73% 47.93% 46.25% <br />* -Fiscal year 2015 was the 1st year of implementation. <br />97 <br />2018 <br />$ 6,062,560 <br />(6,062,560) <br />$ 12,839,365 <br />47.22% <br />562
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