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<br /> <br />The relief assets are managed by The Parr McKnight Wealth Management Group and projections indicate the <br />funding ratio will remain over 100% even with the increased benefit level. <br /> <br />The city representatives that serve as trustees of the ERFRA consist of the fire chief, the mayor, and the <br />assistant city administrator. <br /> <br />Financial Impact <br />The annual voluntary contribution of $30,000 is planned to be budgeted in the 2025 Fire budget. <br /> <br />Mission/Policy/Goal <br />Responsible for every dollar - Good Stewards <br /> <br />Attachments <br />1. ERFD Relief Association - Council Request for 2024 <br /> <br /> <br />Page 369 of 389