HomeMy WebLinkAbout2010 11 09 Informational 100 Summary Of Pension Related Expenditures City of Winter Springs, Florida
STATEMENT OF CHANGES IN FIDUCIARY NET ASSETS
FIDUCIARY FUNDS
For 12 Months Ended September 30, 2010
Defined Benefit Pension Trust
Net Assets - Beginning Balance $ 17,327,600
Additions:
Contributions:
Employer $ 2,235,618
Plan Members 363,938
Total Contributions 2,599,556
Investment Income:
Net appreciation in Fair value of investments 1,877,872
Interest /Earnings 221,990
Nest Investment Income 2,099,862
Total Additions 4,699,418
Deductions:
Benefits (890,002)
Administrative Expenses (190,068)
Total Deductions (1,080,070)
Change in net Assets 3,619,348
Net Assets - Ending Balance $ 20,946,948
% Change in Net Assets 20.9%