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Packet 01182022
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Last modified
9/29/2025 10:36:08 AM
Creation date
4/1/2022 9:41:07 AM
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Reso 2022-022 Accepting Comprehensive Annual Financial Report FY end 2021
(Amended)
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\City Clerk\City Council\Resolutions\2022
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CITY OF SAN LEANDRO <br />Notes to Required Supplementary Information <br />For the year ended June 30, 2021 <br />City of San Leandro <br />Cost-Sharing Multiple Employer Defined Pension Plan - Safety Plan <br />For the Fiscal Year Ended June 30, <br />SCHEDULE OF CONTRIBUTIONS <br />Last 10 Years* <br />Fiscal Year 2015 2016 2017 2018 2019 2020 2021 <br />Actuarially determined contribution 2,992,821$ 5,482,854$ 5,233,646$ 6,062,560$ 7,027,678$ 8,187,368$ 9,219,375$ <br />Contributions in relation to the actuarially <br />determined contributions (2,992,821) (5,482,854) (5,233,646) (6,062,560) (7,027,678) (8,187,368) (9,219,375) <br />Contribution deficiency (excess)-$ -$ -$ -$ -$ -$ -$ <br />Covered payroll 10,794,582$ 11,439,904$ 11,316,753$ 12,841,859$ 13,169,196$ 13,692,447$ 13,470,710$ <br />Contributions as a percentage of covered <br />payroll 27.73%47.93%46.25%47.21%53.36%59.79%68.44% <br />* - Fiscal year 2015 was the 1st year of implementation. <br />97358
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