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CITY OF SAN LEANDRO
<br />Notes to Required Supplementary Information
<br />For the year ended June 30, 2024
<br />Fiscal Year Ended June 30, 2018 2019 2020 2021 2022 2023 2024
<br />Actuarially determined contribution 1,121,087$ 1,027,403$ 1,359,000$ 1,405,000$ 1,448,000$ 1,137,000$ 1,164,000$
<br />Contributions in relation to the
<br />actuarially determined contribution (2,286,671) (2,508,460) (2,771,770) (1,319,716) (1,286,842) (1,256,104) (1,170,455)
<br />Contribution deficiency (excess)(1,165,584)$ (1,481,057)$ (1,412,770)$ 85,284$ 161,158$ (119,104)$ (6,455)$
<br />Covered-employee payroll 33,357,709$ 42,275,248$ 41,120,591$ 41,613,491$ 41,709,251$ 45,121,024$ 48,021,021$
<br />Contributions as a percentage of
<br />covered-employee payroll 6.86%5.93%6.74%3.17%3.09%2.78%2.44%
<br />Notes:
<br />*Fiscal year 2018 was the first year of implementation for GASB 75
<br />City of San Leandro
<br />Other Postemployment Benefits Plan
<br />Schedule of Contributions
<br />Last Ten Fiscal Years *
<br />106
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