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5.2. SR 06-19-2006
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5.2. SR 06-19-2006
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1/21/2008 8:36:13 AM
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6/16/2006 11:22:51 AM
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6/19/2006
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<br />ELK RIVER FIRE DEPARTMENT RELIEF ASSOCIATION <br />STATEMENTS OF CHANGES IN FIDUCIARY NET ASSETS <br />FIDUCIARY FUND <br />YEARS ENDED DECEMBER 31,2005 AND 2004 <br /> <br /> Special Pension Trust Fund <br /> 2005 2004 <br />REVENUES <br />Contributions <br />State of Minnesota $ 136,429 $ 147,589 <br />10% supplemental reimbursement 1,000 <br />City of Elk River 28,100 24,800 <br />Inve sw 78,444 122,030 <br />Other income 40 39 <br />TOTAL REVENUES 243,013 295,458 <br />EXPENDITURES <br />Salaries 2,145 2,065 <br />Professional fees 355 600 <br />Bond 348 298 <br />Miscellaneous 113 287 <br />TOTAL EXPENDITURES 2,961 3,250 <br />CHANGE IN NET ASSETS 240,052 292,208 <br />NET ASSETS, JANUARY 1 1,646,533 1,354,325 <br />NET ASSETS, DECEMBER 31 $ 1,886.585 $ 1,646.533 <br /> <br />The notes to the financial statements are an integral part of this statement. <br />-2- <br /> <br />. <br />
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