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Elk River Municipal Utilities
<br />Elk River, Minnesota
<br />Required Supplementary Information
<br />For the Year Ended December 31, 2019
<br />Schedule of Employer’s Share of PERA Net Pension Liability - General Employees Fund
<br />Utilities
<br />Proportionate
<br />State's
<br />Share of the
<br />Proportionate
<br />Net Pension
<br />UtilitiesShare of
<br />Liability as aPlan Fiduciary
<br />Proportionatethe Net Pension
<br />UtilitiesPercentage ofNet Position
<br />Share ofLiabilityUtilities
<br />Proportion ofCoveredas a Percentage
<br />Fiscalthe Net PensionAssociated withCovered
<br />the Net PensionPayrollof the Total
<br />YearLiabilitythe UtilitiesTotalPayroll
<br />Liability(a/c)Pension Liability
<br />Ending(a)(b)(a+b)(c)
<br />06/30/190.0520 %$2,874,964$89,329$2,964,293$3,680,23378.1 % %80.2
<br />06/30/180.05202,884,74794,6152,979,3623,494,64182.579.5
<br />06/30/170.05403,447,32443,3373,490,6613,478,02299.175.9
<br />06/30/160.05084,124,70853,9084,178,6163,151,720130.968.9
<br />06/30/150.04782,477,244-2,477,2442,811,83488.178.2
<br />Note: Schedule is intended to show 10-year trend. Additional years will be reported as they become available.
<br />Schedule of Employer’s PERA Contributions - General Employees Fund
<br />Contributions in
<br />Relation to the
<br />Contributions as
<br />StatutorilyStatutorilyContributionUtilities
<br />a Percentage of
<br />RequiredRequiredDeficiencyCovered
<br />Covered Payroll
<br />YearContributionContribution(Excess)Payroll
<br />(b/c)
<br />Ending(a)(b)(a-b)(c)
<br />12/31/19$285,668$285,668$-$3,808,909 %7.5
<br />12/31/18265,424265,424-3,538,9887.5
<br />12/31/17257,780257,780-3,437,0727.5
<br />12/31/16244,012244,012-3,253,4937.5
<br />12/31/15230,074230,074-3,067,6597.5
<br />Note: Schedule is intended to show 10-year trend. Additional years will be reported as they become available.
<br />50
<br />140
<br />
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