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6.2. SR 06-02-2014
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6.2. SR 06-02-2014
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SR
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6/2/2014
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Peer Group Comparisons <br /> The following are two comparisons of statistics that will provide information on how your organization compares with other fire relief <br /> associations around the State.We used averages from approximately 60 fire relief associations with under$200,000 in assets to <br /> several million in assets.These averages include a 5-year trend of the rate of return and a 5-year trend of funding percentage as <br /> compared to averages of the other 60 relief associations. <br /> Averages Calculation 2009 2010 2011 2012 2013 <br /> Average rate of returns Net investment income/ 22.5% 8.0% (1.9%) 9.0% 13.6% <br /> average assets 15.5% 8.3% (1.1%) 8.6% N/A <br /> Percentage funded Assets/accrued liability 87.2% 91.3% 89.0% 96.3% 111.1% <br /> 91.9% 99.2% 98.1% 104.2% N/A <br /> Elk River Fire Relief Association <br /> Peer Group <br /> Rate of Return <br /> The rate of return is calculated by taking the net investment income and dividing it by the beginning assets.This will show a trend of <br /> your returns over a 5-year period and show your performance related to other relief associations. <br /> 30.0% <br /> 22.5% <br /> 25.0% <br /> 20.0% <br /> 13.6% <br /> 15.0% EL <br /> 15.5% 8.3% 9.00/0 <br /> 10.0% <br /> 5.0% <br /> ° 8.6% <br /> (1.1%) <br /> (5.0%) <br /> (1.9%) <br /> (10.0%) <br /> 2009 2010 2011 2012 2013 <br /> -*--Association rate (Peer group average <br /> People <br /> +Process® <br /> Going <br /> Beyondthe <br /> _4_ Numbers <br />
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