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4.1c ERMUSR 04-13-2021Boovbm!Gjobodjbm!Sfqpsu Fml!Sjwfs!Nvojdjqbm!Vujmjujft Fml!Sjwfs-!Njooftpub Gps!uif!Zfbs!Foefe Efdfncfs!42-!3131 158 159 Fml!Sjwfs!Nvojdjqbm!Vujmjujft Fml!Sjwfs-!Njooftpub Ubcmf!pg!Dpoufout Gps!uif!Zfbs!Foefe!Efdfncfs!42-!3131 Qbhf!Op/ Introductory Section Qvcmjd!Vujmjujft!Dpnnjttjpo!boe!Benjojtusbujpo8! Financial Section Joefqfoefou!Bvejups“t!Sfqpsu22 Nbobhfnfou“t!Ejtdvttjpo!boe!Bobmztjt26 Financial Statements Tubufnfou!pg!Ofu!Qptjujpo33 Tubufnfoupg!Sfwfovft-!Fyqfotft!boe!Dibohft!joOfu!Qptjujpo36 Tubufnfoupg!Dbti!Gmpxt37 Opuft!up!uif!Gjobodjbm!Tubufnfout3: Required Supplementary Information Tdifevmf!pg!Fnqmpzfs“t!Tibsf!pg!Qvcmjd!Fnqmpzfft!Sfujsfnfou!Bttpdjbujpo!Ofu!Qfotjpo!Mjbcjmjuz!.! Hfofsbm!Fnqmpzfft!Sfujsfnfou!Gvoe63 Tdifevmf!pg!Fnqmpzfs“t!Qvcmjd!Fnqmpzfft!Sfujsfnfou!Bttpdjbujpo!Dpousjcvujpot!.! Hfofsbm!Fnqmpzfft!Sfujsfnfou!Gvoe63 Opuft!up!uif!Sfrvjsfe!Tvqqmfnfoubsz!Jogpsnbujpo!.!Hfofsbm!Fnqmpzfft!Sfujsfnfou!Gvoe64 Tdifevmf!pg!Dibohft!jo!uif!Fnqmpzfs“t!PQFC!Mjbcjmjuz!boe!Sfmbufe!Sbujpt66 Supplementary Information Tdifevmf!pg!Pqfsbujoh!Sfwfovft!boe!Fyqfotft69 Fmfdusjd!Gvoe Tvnnbsz!pg!Pqfsbujpot!boe!Vobvejufe!Tubujtujdt71 Xbufs!Gvoe Tvnnbsz!pg!Pqfsbujpot!boe!Vobvejufe!Tubujtujdt!73 Other Report Joefqfoefou!Bvejups“t!Sfqpsu! po!Njooftpub!Mfhbm!Dpnqmjbodf78! 3 160 4 161 JOUSPEVDUPSZ!TFDUJPO FML!SJWFS!NVOJDJQBM!VUJMJUJFT FML!SJWFS-!NJOOFTPUB GPS!UIF!ZFBS!FOEFE EFDFNCFS!42-!3131 5 162 6 163 Fml!Sjwfs!Nvojdjqbm!Vujmjujft Fml!Sjwfs-!Njooftpub Qvcmjd!Vujmjujft!Dpnnjttjpo!boe!Benjojtusbujpo Gps!uif!Zfbs!Foefe!Efdfncfs!42-!3131 COMMISSION ObnfUjumf Kpio!Ejfu{Dibjsqfstpo Bmmbo!ObefbvWjdf.Dibjs Nbsz!TufxbsuDpnnjttjpofs Nbuu!XftuhbbseDpnnjttjpofs Qbvm!CfmmDpnnjttjpofs ADMINISTRATION ObnfUjumf Uifsftb!TmpnjotljHfofsbm!Nbobhfs Nfmjttb!LbsqjotljGjobodf!Nbobhfs Ebwf!OjopxXbufs!Tvqfsjoufoefou Disjt!TvntubeFmfdusjd!Tvqfsjoufoefou Upn!HfjtfsPqfsbujpot!Ejsfdups Njlf!Ujfu{Ufdiojdbm!Tfswjdft!Tvqfsjoufoefou Upn!TbhtufuufsDpotfswbujpo!boe!Lfz!Bddpvout!Nbobhfs Njdifmmf!DboufscvszFyfdvujwf!Benjojtusbujwf!Nbobhfs Kfoojf!OfmtpoDvtupnfs!Tfswjdf!Nbobhfs Disjt!Lfs{nboFohjoffsjoh!Nbobhfs 7 164 8 165 GJOBODJBM!TFDUJPO FML!SJWFS!NVOJDJQBM!VUJMJUJFT FML!SJWFS-!NJOOFTPUB GPS!UIF!ZFBSFOEFE EFDFNCFS!42-!3131 9 166 10 167 JOEFQFOEFOU!BVEJUPS“T!SFQPSU Qvcmjd!Vujmjujft!Dpnnjttjpo Fml!Sjwfs!Nvojdjqbm!Vujmjujft Fml!Sjwfs-!Njooftpub Report on the Financial Statements Xf!ibwf!bvejufe!uif!bddpnqbozjoh!gjobodjbm!tubufnfout!pg!uif!Fml!Sjwfs!Nvojdjqbm!Vujmjujft)uif!Vujmjujft*!pg!uif!Djuz!pg!Fml! Sjwfs-!Njooftpub!)uif!Djuz*-!bt!pg!boe!gps!uif!zfbsfoefe!Efdfncfs42-3131-!boe!uif!sfmbufe!opuft!up!uif!gjobodjbm! tubufnfout-!bt!mjtufe!jo!uif!ubcmf!pg!dpoufout/ Management’s Responsibility for the Financial Statements Nbobhfnfou!jt!sftqpotjcmf!gps!uif!qsfqbsbujpo!boe!gbjs!qsftfoubujpo!pg!uiftf!gjobodjbm!tubufnfout!jo!bddpsebodf!xjui! bddpvoujoh!qsjodjqmft!hfofsbmmz!bddfqufe!jo!uif!Vojufe!Tubuft!pg!Bnfsjdb<!uijt!jodmveft!uif!eftjho-!jnqmfnfoubujpo-! boe!nbjoufobodf!pg!joufsobm!dpouspm!sfmfwbou!up!uif!qsfqbsbujpo!boe!gbjs!qsftfoubujpo!pg!gjobodjbm!tubufnfout!uibu!bsf! gsff!gspn!nbufsjbm!njttubufnfou-!xifuifs!evf!up!gsbve!ps!fssps/ Auditor’s Responsibility!! Pvs!sftqpotjcjmjuz!jt!up!fyqsftt!pqjojpot!po!uiftf!gjobodjbm!tubufnfout!cbtfe!po!pvs!bveju/Xf!dpoevdufe!pvs!bveju!jo! bddpsebodf!xjui!bvejujoh!tuboebset!hfofsbmmz!bddfqufe!jouif!Vojufe!Tubuft!pg!Bnfsjdb/!Uiptf!tuboebset!sfrvjsf!uibu! xf!qmbo!boe!qfsgpsn!uif!bveju!up!pcubjo!sfbtpobcmf!bttvsbodf!bcpvu!xifuifs!uif!gjobodjbm!tubufnfout!bsf!gsff!pg! nbufsjbm!njttubufnfou/!! Bo!bveju!jowpmwft!qfsgpsnjoh!qspdfevsft!up!pcubjo!bveju!fwjefodf!bcpvu!uif!bnpvout!boe!ejtdmptvsft!jo!uif!gjobodjbm! tubufnfout/!Uif!qspdfevsft!tfmfdufe!efqfoe!po!uif!bvejups“t!kvehnfou-!jodmvejoh!uif!bttfttnfou!pg!uif!sjtlt!pg!nbufsjbm! njttubufnfou!pg!uif!gjobodjbm!tubufnfout-!xifuifs!evf!up!gsbve!ps!fssps/!Jo!nbljoh!uiptf!sjtl!bttfttnfout-!uif!bvejups! dpotjefst!joufsobm!dpouspm!sfmfwbou!up!uif!Vujmjujft!qsfqbsbujpo!boe!gbjs!qsftfoubujpo!pg!uif!gjobodjbm!tubufnfout!jo!psefs!up eftjho!bveju!qspdfevsft!uibu!bsf!bqqspqsjbuf!jo!uif!djsdvntubodft-!cvu!opu!gps!uif!qvsqptf!pg!fyqsfttjoh!bo!pqjojpo!po!uif! fggfdujwfoftt!pg!uif!Vujmjujft!joufsobm!dpouspm/!Bddpsejohmz-!xf!fyqsftt!op!tvdi!pqjojpo/!Bo!bveju!bmtp!jodmveft!fwbmvbujoh! uif!bqqspqsjbufoftt!pg!bddpvoujoh!qpmjdjft!vtfe!boe!uif!sfbtpobcmfoftt!pg!tjhojgjdbou!bddpvoujoh!ftujnbuft!nbef!cz! nbobhfnfou-!bt!xfmm!bt!fwbmvbujoh!uif!pwfsbmm!qsftfoubujpo!pg!uif!gjobodjbm!tubufnfout/!! Xf!cfmjfwf!uibu!uif!bveju!fwjefodf!xf!ibwf!pcubjofe!jt!tvggjdjfou!boe!bqqspqsjbuf!up!qspwjef!b!cbtjt!gps!pvs!bveju!pqjojpo/ Opinion Jo!pvs!pqjojpo-!uif!gjobodjbm!tubufnfout!sfgfssfe!up!bcpwf!qsftfou!gbjsmz-!jo!bmm!nbufsjbm!sftqfdut-!uif!gjobodjbm!qptjujpo!pg!uif Vujmjujftbt!pg!Efdfncfs!42-!3131-!boe!uif!dibohft!jo!gjobodjbm!qptjujpo!boe!dbti!gmpxtuifsfpggps!uif!zfbs!uifo!foefe!jo! bddpsebodf!xjui!bddpvoujoh!qsjodjqmft!hfofsbmmz!bddfqufe!jo!uif!Vojufe!Tubuft!pg!Bnfsjdb/ 11 168 12 169 Emphasis of Matter Bt!ejtdvttfe!jo!Opuf!2C-!uif!gjobodjbm!tubufnfout!qsftfou!pomz!uif!Fmfdusjd!boe!Xbufs!foufsqsjtf!gvoet!boe!ep!opu!qvsqpsu! up-!boe!ep!opu!qsftfou!gbjsmz!uif!gjobodjbm!qptjujpo!pg!uif!Djuz!bt!pg!Efdfncfs!42-!3131-!uif!dibohft!jo!jut!gjobodjbm! qptjujpo-!jut!dbti!gmpxt!gps!uif!zfbs!uifo!foefe!jo!bddpsebodfxjui!bddpvoujoh!qsjodjqmft!hfofsbmmz!bddfqufe!jo!uif!Vojufe! Tubuft!pg!Bnfsjdb/Pvs!pqjojpo!jt!opu!npejgjfe!xjui!sftqfdu!up!uijt!nbuufs/ Other Matters Required Supplementary Information Bddpvoujoh!qsjodjqmft!hfofsbmmz!bddfqufe!jo!uif!Vojufe!Tubuft!pg!Bnfsjdb!sfrvjsf!uibu!uif!Nbobhfnfou“t!Ejtdvttjpo!boe! 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Other Information Pvs!bvejuxbtdpoevdufe!gps!uif!qvsqptf!pg!gpsnjoh!pqjojpot!po!uif!gjobodjbm!tubufnfout!uibu!dpmmfdujwfmz!dpnqsjtf!uif! Vujmjujft“!gjobodjbm!tubufnfout!bt!b!xipmf/!Uif!jouspevdupsz!tfdujpo!boe!tvqqmfnfoubm!jogpsnbujpo!mjtufe!jo!uif!ubcmf!pg! dpoufout!bsf!qsftfoufe!gps!uif!qvsqptf!pg!beejujpobm!bobmztjt!boe!bsf!opu!b!sfrvjsfe!qbsu!pg!uif!gjobodjbm!tubufnfout!pg!uif! Vujmjujft/!Uif!tvqqmfnfoubm!jogpsnbujpo-!fydfqu!gps!uif!qpsujpo!nbslfe!”vobvejufe•!po!xijdi!xf!fyqsftt!op!pqjojpo-!ibt! cffo!tvckfdufe!up!uif!bvejujoh!qspdfevsft!bqqmjfe!jo!uif!bvejut!pg!uif!gjobodjbm!tubufnfout!boe-!jo!pvs!pqjojpo-!jt!gbjsmz! tubufe!jo!bmm!nbufsjbm!sftqfdut!jo!sfmbujpo!up!uif!gjobodjbm!tubufnfout!ublfo!bt!b!xipmf/!Uif!jouspevdupsz!tfdujpoboe!uif! tvqqmfnfoubm!jogpsnbujpo!nbslfe!”vobvejufe•ibwfopu!cffo!tvckfdufe!up!uif!bvejujoh!qspdfevsft!bqqmjfe!jo!uif!bveju!pg! uif!gjobodjbm!tubufnfout!boe-!bddpsejohmz-!xf!ep!opu!fyqsftt!bo!pqjojpo!ps!qspwjef!boz!bttvsbodf!po!uifn/! BCEP-!FJDL!'!NFZFST-!MMQ Njoofbqpmjt-!Njooftpub! Bqsjm!6-!3132 13 170 14 171 Management’s Discussion and Analysis Uijt!tfdujpo!pg!uif!Fml!Sjwfs!Nvojdjqbm!Vujmjujft)uif!Vujmjujft*pg!uif!Djuz!pg!Fml!Sjwfs-!Njooftpubboovbm!gjobodjbm!sfqpsu! qsftfout!pvs!bobmztjt!pg!uif!Vujmjujft“!gjobodjbm!qfsgpsnbodf!evsjoh!uif!gjtdbm!zfbs!uibu!foefe!Efdfncfs!42-!3131/Qmfbtf! sfbe!ju!jo!dpokvodujpo!xjui!uif!gjobodjbm!tubufnfout-!xijdi!gpmmpx!uijt!tfdujpo/ Financial Highlights Uif!bttfutboe!efgfssfe!pvugmpxtpg!sftpvsdftpg!uif!Vujmjujft!fydffefe!jut!mjbcjmjujft!boe!efgfssfe!jogmpxtpg! sftpvsdftbu!uif!dmptf!pg!uif!nptu!sfdfou!gjtdbm!zfbs!cz%82-766-483)ofu!qptjujpo*/!Ofu!Qptjujpojodsfbtfe!cz %5-356-671ps!7/4qfsdfou/!!Uif!jodsfbtf!jt!nbjomz!evf!up!sfwfovft!jo!fydftt!pg!fyqfotft!evsjoh!uif!zfbs/ Uif!Vujmjujft“!dbti!cbmbodf!bu!uif!dmptf!pg!uif!dvssfou!gjtdbm!zfbs!xbt%36-::1-813/!! Fmfdusjd!vtbhf!pwfsbmm!xbt!epxo!bo!bwfsbhf!pg!1/6!qfsdfou/!Sftjefoujbm!vtbhf!jodsfbtfe!7/4!qfsdfou-!Dpnnfsdjbm! vtbhf!efdsfbtfe!6/8!qfsdfou-!boe!Joevtusjbm!vtbhf!efdsfbtfe!4/1!qfsdfou/! Xbufs!vtbhf!pwfsbmm!xbt!vq!bo!bwfsbhf!pg!26/3!qfsdfou!gspn!uif!qsjps!zfbs/!Sftjefoujbm!vtbhf!jodsfbtfe!36/5! qfsdfou-!boe!Dpnnfsdjbm!vtbhf!jodsfbtfe!6/:!qfsdfou/! Overview of the Financial Statements Uijt!boovbm!sfqpsu!dpotjtut!pg!uisff!qbsut;!Nbobhfnfou“t!Ejtdvttjpo!boe!Bobmztjt-!Gjobodjbm!Tubufnfout-!boe! Tvqqmfnfoubsz!Jogpsnbujpo/Uif!Gjobodjbm!Tubufnfout!bmtp!jodmvef!opuft!uibu!fyqmbjo!jo!npsf!efubjm!tpnf!pg!uif! jogpsnbujpo!jo!uif!gjobodjbm!tubufnfout/ Required Financial Statements Uif!gjobodjbm!tubufnfout!pg!uif!Vujmjujft!sfqpsu!jogpsnbujpo!bcpvu!uif!Vujmjujft!vtjoh!bddpvoujoh!nfuipet!tjnjmbs!up!uiptf! vtfe!cz!uif!qsjwbuf!tfdups/!Uiftf!tubufnfout!pggfs!tipsu.ufsnboe!mpoh.ufsn!gjobodjbm!jogpsnbujpo!bcpvu!jut!bdujwjujft/Uif! Tubufnfout!pg!Ofu!Qptjujpojodmveft!bmm!pg!uif!Vujmjujft“!bttfut!boe!mjbcjmjujft!boe!qspwjeft!jogpsnbujpo!bcpvu!uif!obuvsf!boe! bnpvout!pg!jowftunfout!jo!sftpvsdft!)bttfut*!boe!uif!pcmjhbujpot!up!Vujmjujft“!dsfejupst!)mjbcjmjujft*/!Ju!bmtp!qspwjeft!uif! cbtjt!gps!dpnqvujoh!sbuf!pg!sfuvso-!fwbmvbujoh!uif!dbqjubm!tusvduvsf!pg!uif!Vujmjujft!boe!bttfttjoh!uif!mjrvjejuz!boe!gjobodjbm gmfyjcjmjuz!pg!uif!Vujmjujft/!Bmm!pg!uif!dvssfou!zfbs“t!sfwfovft!boe!fyqfotft!bsf!bddpvoufe!gps!jo!uif!Tubufnfout!pg! Sfwfovft-!Fyqfotft!boe!Dibohft!jo!Ofu!Qptjujpo/!Uijt!tubufnfou!nfbtvsft!uif!tvddftt!pg!uif!Vujmjujft“!pqfsbujpot!pwfs! uif!qbtu!zfbs!boe!dbo!cf!vtfe!up!efufsnjof!xifuifs!uif!Vujmjujft“!ibt!tvddfttgvmmz!sfdpwfsfe!bmm!jut!dptut!uispvhi!jut!vtfs! gfft!boe!puifs!dibshft-!qspgjubcjmjuz-!boe!dsfeju!xpsuijoftt/!Uif!gjobm!sfrvjsfe!gjobodjbm!tubufnfou!jtuif!Tubufnfout!pg! Dbti!Gmpxt/!Uif!qsjnbsz!qvsqptf!pg!uijt!tubufnfou!jt!up!qspwjef!jogpsnbujpo!bcpvu!uif!Vujmjujft“!dbti!sfdfjqut!boe!dbti! qbznfout!evsjoh!uif!sfqpsujoh!qfsjpe/!Uif!tubufnfou!sfqpsut!dbti!sfdfjqut-!dbti!qbznfout!boe!ofu!dibohft!jo!dbti! sftvmujoh!gspn!pqfsbujpot-!jowftujoh!boe!gjobodjoh!bdujwjujft!boe!qspwjeft!botxfst!up!tvdi!rvftujpot!bt!xifsf!eje!dbti! dpnf!gspn-!xibu!xbt!dbti!vtfe!gps!boe!xibu!xbt!uif!dibohf!jo!uif!dbti!cbmbodf!evsjoh!uif!sfqpsujoh!qfsjpe/ 15 172 Financial Analysis of the Utilities Pvs!bobmztjt!pg!uif!Vujmjujft!cfhjot!po!qbhf33jo!uif!Gjobodjbm!Tfdujpo/!Pof!pg!uif!nptu!jnqpsubou!rvftujpot!btlfe!bcpvu! uif!Vujmjujft“!gjobodft!jt!”Jt!uif!Vujmjujft!bt!b!xipmf!cfuufs!pgg!ps!xpstf!pgg!bt!b!sftvmu!pg!uijt!zfbs(t!bdujwjujft@•!Uif! Tubufnfoupg!Ofu!Qptjujpo-!boe!uif!Tubufnfoupg!Sfwfovft-!Fyqfotft!boe!Dibohft!jo!Ofu!Qptjujposfqpsu!jogpsnbujpo! bcpvu!uif!Vujmjujft“!bdujwjujft!jo!b!xbz!uibu!xjmm!ifmq!botxfs!uijt!rvftujpo/!Uiftf!uxp!tubufnfout!sfqpsu!uif!ofu!qptjujpo!pg! uif!Vujmjujft!boe!dibohft!jo!uif!ofu!qptjujpo/!Zpv!dbo!uijol!pg!uif!Vujmjujft“!ofu!qptjujpo)uif!ejggfsfodf!cfuxffo!bttfut!boe! mjbcjmjujft*!bt!pof!xbz!up!nfbtvsf!gjobodjbmifbmui!ps!gjobodjbm!qptjujpo/!Pwfs!ujnf-!jodsfbtft!ps!efdsfbtft!jo!uif!Vujmjujft“! ofu!qptjujpojtpof!joejdbups!pg!xifuifs!jut!gjobodjbm!ifbmui!jt!jnqspwjoh!ps!efufsjpsbujoh/!Ipxfwfs-!zpv!xjmm!offe!up!dpotjefs! puifs!opo.gjobodjbm!gbdupst!tvdi!bt!dibohft!jo!fdpopnjd!dpoejujpot-!qpqvmbujpo!hspxui-!{pojoh-!boe!ofx!ps!dibohfe! hpwfsonfou!mfhjtmbujpo/ Net Position. Up!cfhjo!pvs!bobmztjt-!b!tvnnbsz!pg!uif!Vujmjujft“!Tubufnfout!pg!Ofu!Qptjujpojt!qsftfoufe!jo!Ubcmf!B.2/!Bt! dbo!cf!tffo!gspn!uif!Ubcmf-!ofu!qptjujpojodsfbtfe!%5-356-671up!%82-766-483jo!gjtdbm!3131vq!gspn!%78-51:-923jo!gjtdbm! 312:/! TABLE A-1 Condensed Statement of Net Position Jodsfbtf 3131312:)Efdsfbtf* Bttfut Dvssfou!boe!puifs%3:-4:2-262%38-795-:83%2-817-28: Dbqjubm84-368-41182-::8-6:12-36:-821 Upubm!Bttfut!!213-759-562::-793-6733-:76-99: Upubm!Efgfssfe!Pvugmpxt!pg!Sftpvsdft449-914422-76138-264 Mjbcjmjujft Dvssfou9-185-8158-894-:233:1-8:3 Opo.dvssfou34-1:6-32235-2:2-623)2-1:7-412* Upubm!Mjbcjmjujft42-27:-:2642-:86-535)916-61:* Upubm!Efgfssfe!Jogmpxt!pg!Sftpvsdft272-:78719-:87)558-11:* Ofu!Qptjujpo Ofu!jowftunfou!jo!dbqjubm!bttfut63-339-:325:-637-4283-813-715 Sftusjdufe!gps!efcu!tfswjdf2-372-46:2-372-46:. Vosftusjdufe29-276-1:327-733-2472-653-:67 Upubm!Ofu!Qptjujpo%82-766-483%78-51:-923%5-356-671 16 173 Water and Electric Rates. Fmfdusjd!.!Uif!Vujmjujft“!fmfdusjd!sbuft!ibe!b!{fsp.sbuf!jodsfbtf-!fggfdujwf!Kbovbsz!3132/!Uif! npouimz!cbtf!dibshft!bsf!cbtfe!vqpo!uif!uzqf!pg!tfswjdf/!!Uif!npouimz!dibshft!bsf!%24/61!gps!sftjefoujbm-!%41/11!gps! opo.efnboe-!%86/11!gps!efnboe!boe!%211/11!gps!mbshf!joevtusjbm!efnboe!dvtupnfst/!Jo!beejujpo!up!uif!cbtf!dibshft!uif! sftjefoujbm!sbuf!jt!%/23810lXi!gps!Kvof.Pdupcfs!vtbhf-!boe!%/22710lXi!gps!Opwfncfs.Nbz!vtbhf<!uif!opo.efnboe!sbuf! jt!%/23410lXi!gps!Kvof.Pdupcfs-!boe!%/21410lXi!gps!Opwfncfs.Nbz<!uif!efnboe!sbuf!jt!%/176210lXi!fofshz!dibshf! zfbs!spvoe!xjui!b!efnboe!dibshf!pg!%26/610lX!Kvof.Pdupcfs-!boe!%22/610lX!gps!Opwfncfs.Nbz<!uif!mbshf!joevtusjbm! efnboe!sbuf!jt!%/17550lXi!fofshz!dibshf!zfbs!spvoe!xjui!b!efnboe!dibshf!pg!%26/110lX!Kvof.Pdupcfs-!boe!%22/110lX! Opwfncfs.Nbz/ Xbufs!.!Uif!Vujmjujft“!xbufs!sbuft!ibe!b!{fsp.sbuf!jodsfbtf-!fggfdujwf!Kbovbsz!3132/!Uif!npouimz!cbtf!dibshf!gps! sftjefoujbm!dvtupnfst!jt!%:/51!qfs!npoui/!Jo!beejujpo!up!uif!cbtf!dibshf-!uif!Vujmjujft!dvssfoumz!dibshft!jut!sftjefoujbm! dvtupnfst!%2/9:!qfs!2-111!hbmmpot!vq!up!:-111!hbmmpot-!%4/61!qfs!2-111!hbmmpot!cfuxffo!:-111!hbmmpot!boe!26-111! hbmmpot-!boe!%5/11!qfs!2-111!hbmmpot!gps!vtbhf!bcpwf!26-111!hbmmpot/!Dpnnfsdjbm!dvtupnfs“t!cbtf!dibshft!bsf!cbtfe! vqpo!nfufs!tj{f!boe!sbohf!gspn!%22/39!up!%22:/26/!Bo!jssjhbujpo!nfufs!jt!%31/18!qfs!npoui/!Uifsf!jt!bmtp!b!dibshf!qfs! 2-111!hbmmpot-!uif!tbnf!ujfst!bt!uif!sftjefoujbm!sbuft!pg!%2/9:-!%4/61-!boe!%5/11-!fydfqu!uif!hsbevbujpo!gspn!uif!mpxfs!ujfs! up!uif!ijhifs!ujfs)t*!jt!dbmdvmbufe!cbtfe!po!qsfwjpvt!dpotvnqujpo/ Uif!Vujmjujft!sfrvjsft!qbznfou!pg!bmm!vujmjuz!cjmmt!up!cf!qbje!cz!uif!evf!ebuf!tubufe!po!uif!npouimz!cjmm/!B!ufo!qfsdfou!qfobmuz! jt!bttfttfe!gps!qbznfout!opu!sfdfjwfe!cz!uif!evf!ebuf/!Uif!Vujmjujft!nbz!ejtdpoujovf!tfswjdf!pg!b!dvtupnfs!opu!dpnqmzjoh! xjui!uif!ejtdpoofdu!qpmjdz!pg!uif!Vujmjujft!bgufs!sfdfjwjoh!b!xsjuufo!ejtdpoofdu!opujdf/!Sftjefoujbm!boe!Dpnnfsdjbm0Joevtusjbm tjohmf!qibtf!fmfdusjd!dvtupnfst!uibu!ibwf!uifjs!tfswjdf!ejtdpoujovfe!xjmm!cf!dibshfe!b!njojnvn!pg!%61/11!up!ibwf!uifjs! tfswjdf!sfdpoofdufe/!Dpnnfsdjbm0Joevtusjbm!uisff!qibtf!fmfdusjd!dvtupnfst!uibu!ibwf!uifjs!tfswjdf!ejtdpoujovfe!xjmm!cf! dibshfe!b!njojnvn!pg!%261/11!up!ibwf!uifjs!tfswjdf!sfdpoofdufe/!!Sftjefoujbm!boe!Dpnnfsdjbm0Joevtusjbm!xbufs! dvtupnfst!uibu!ibwf!uifjs!xbufs!tivu.pgg!xjmm!cf!dibshfe!b!gff!pg!%211/11!up!ibwf!uifjs!xbufs!uvsofe!po0sfdpoofdufe/!Uifsf! bsf!op!sfdpoofdujpot!bgufs!4;41!qn!boe!qbznfout!gps!sfdpoofdujpo0uvso!po!bsf!opu!bddfqufe!bu!uif!qspqfsuz!tjuf<! qbznfout!nvtu!cf!nbef!qsjps!up!ejtqbudijoh!sfdpoofdujpo/!Dvtupnfst!dbo!dpnf!joup!uif!pggjdf!cfuxffo!uif!ipvst!pg!9;11! bn!boe!5;41!qn!up!nblf!uif!qbznfou!cz!dbti-!npofz!psefs!ps!dsfeju!dbse<!ps!qbz!pomjof!ps!cz!qipof!xjui!b!dsfeju!dbse/! Uif!Vujmjujft!bcjeft!cz!uif!Dpme!Xfbuifs!Svmft/ Deposit Policy. Qfs!pvs!Efqptju!Qpmjdz-!uif!Vujmjujft!dpmmfdut!tpdjbm!tfdvsjuz!ovncfst!gspn!ofx!bddpvout!boe!vujmj{ft!b! dsfeju!sjtl!bttfttnfou!uppm!dbmmfe!”Pomjof!Vujmjuz!Fydibohf•!up!efufsnjof!jg!b!efqptju!jt!ofdfttbsz!bt!b!qspbdujwf!nfbtvsf! up!usz!boe!sfevdf!vodpmmfdujcmf!bddpvout/!Uif!bnpvou!pg!uif!efqptju!sfrvjsfe!xjmm!efqfoe!po!uif!sjtl!jefoujgjfe!xjui!uif! dvtupnfs/!Gps!sftjefoujbm!dvtupnfst-!jg!uifsf!jt!b!79!qfsdfou!ps!ijhifs!qspcbcjmjuz!pg!opo.efgbvmu!boeop!ofhbujwf!ijtupsz! )op!ejtdpoofdujpo!gps!opo.qbznfou!ps!mbuf!qbznfout!uxp!ps!npsf!ujnft!xjuijo!23!npouit*!uifsf!jt!op!efqptju!sfrvjsfe/!Jg! uifsf!jt!b!mpxfs!uibo!79!qfsdfou!qspcbcjmjuz!pg!opo.!efgbvmu-!b!efqptju!bqqspqsjbuf!up!uif!tfswjdft!tvqqmjfe!xjmm!cf!sfrvjsfe! cfgpsf!vujmjuz!tfswjdf!xjmm!cf!fyufoefe/!Jg!uif!dvtupnfs!dipptft!opu!up!qspwjef!b!tpdjbm!tfdvsjuz!ovncfs-!uif!efqptju!jt! bvupnbujdbmmz!sfrvjsfe/!Sftjefoujbm!efqptju!bnpvout!bsf!%211!gps!bqbsunfout-!%211!gps!ipnft!xjui!xbufs!boe!tfxfs-!%261! gps!ipnft!xjui!fmfdusjd!pomz!tfswjdft-!boe!%361!gps!ipnft!xjui!bmm!tfswjdft!)fmfdusjd-!xbufs-!boe!tfxfs*/ Gps!dpnnfsdjbm!boe!joevtusjbm!dvtupnfst-!b!tfswjdf!bhsffnfou!xpvme!offe!up!cf!tjhofe/!Hfofsbmmz-!b!efqptju!pg!3!ujnft! uif!ftujnbufe!ijhiftu!npouimz!cjmm!xjmm!cf!sfrvjsfe-!xjui!b!njojnvn!efqptju!pg!%361!gps!opo.efnboe!dvtupnfst-!boe! njojnvn!efqptju!pg!%2-111!gps!efnboe!dvtupnfst/!Uif!efqptju!tibmm!cf!jo!uif!gpsn!pg!b!dbti!efqptju-!ps!bo!jssfwpdbcmf! mfuufs!pg!dsfeju/!Uif!jssfwpdbcmf!mfuufs!pg!dsfeju!xjmm!cf!sfofxfe!bt!sfrvjsfe!boe!gbjmvsf!up!ep!tp!xjmm!sftvmu!jo!b!dibshf!frvbm! up!uif!bnpvou!pg!uif!mfuufs!pg!dsfeju!bqqmjfe!up!uif!npouimz!vujmjuz!cjmm!boe!ifme!cz!uif!Vujmjujft!bt!b!dbti!efqptju/!! Efqptjut!xjmm!cf!sfubjofe!voujm!uif!bddpvou!jt!dmptfe/!Uif!efqptju!xjmm!cf!sfuvsofe!up!uif!dvtupnfs!xjuijo!56!ebzt!pg! ufsnjobujpo!pg!tfswjdf-!qspwjefe!uibu!uif!dvtupnfs!ibt!qbje!jo!gvmm!bmm!bnpvout!evf!po!uif!bddpvou/!Uif!bqqspqsjbuf!joufsftu! xjmm!cf!bqqmjfe!up!uif!bddpvou!qfs!tubuf!tubuvuft/!! 17 174 Statements of Revenues, Expenses and Changes inNet Position.Xijmf!uif!Tubufnfout!pg!Ofu!Qptjujpotipxt!uif! dibohf!jo!gjobodjbm!bttfut0efgfssfe!pvugmpxtboe!mjbcjmjujft0efgfssfe!jogmpxt-!uif!Tubufnfout!pg!Sfwfovft-!Fyqfotft!boe! Dibohft!jo!Ofu!Qptjujpo-!qspwjeft!botxfst!bt!up!uif!obuvsf!boe!tpvsdf!pg!uiftf!dibohft/!Bt!dbo!cf!tffo!jo!Ubcmf!B.3-! sfwfovft!jo!fydftt!pg!fyqfotft!xbt!uif!nbjo!tpvsdf!pg!uif!jodsfbtf!jo!ofu!qptjujpo!pg%5-356-671jo!gjtdbm!3131/B!dmptfs! fybnjobujpo!pg!uif!joejwjevbm!dbufhpsjft!bggfdujoh!uif!tpvsdf!pg!dibohft!jo!ofu!qptjujpojt!ejtdvttfe!cfmpx; TABLE A-2 Condensed Statements of Revenues, Expensesand Changes in Net Position Jodsfbtf 3131312:)Efdsfbtf* Sfwfovft Pqfsbujoh%51-6:8-162%51-4:9-414%2:9-859 Opopqfsbujoh2-115-1232-123-767)9-755* Upubm!Sfwfovft52-712-17452-521-:6:2:1-215 Fyqfotft Pqfsbujoh47-743-79:48-336-648)6:3-959* Opopqfsbujoh73:-93:787-1:9)57-37:* Upubm!Fyqfotft48-373-62948-:12-746)74:-228* Jodpnf!Cfgpsf!Dpousjcvujpot!boe!Pqfsbujoh!Usbotgfst5-449-6564-61:-43593:-332 Dbqjubm!Dpousjcvujpot!.!Efwfmpqfs!Jogsbtusvduvsf!boe!Dpoofdujpo!Gfft2-183-787539-773755-125 Hsbout.21-111)21-111* Dpousjcvujpo!gspn!Dvtupnfst285-668236-87559-8:4 Usbotgfst!up!Puifs!Djuz!Gvoet)2-451-329*)2-268-556*)293-884* Dibohf!jo!Ofu!Qptjujpo5-356-6713-:27-4162-43:-366 Ofu!Qptjujpo-!Kbovbsz!278-51:-92375-5:4-6183-:27-416 Ofu!Qptjujpo-!Efdfncfs!42%82-766-483%78-51:-923%5-356-671 Revenues. Ubcmf!B.3!tipxt!uibupqfsbujoh!sfwfovf!jodsfbtfe!cz!1/6!qfsdfou!jo!3131gps!uif!Fmfdusjd!boe!Xbufs! Efqbsunfout!dpncjofe/! Opopqfsbujoh!sfwfovf!jt!dpnqsjtfe!pg!usbotnjttjpo!sfcbuf!sfwfovf!jo!uif!Fmfdusjd!Efqbsunfou-!boe!xbufs!upxfs!mfbtf! sfwfovf!jo!uif!Xbufs!Efqbsunfou/!!Sfhbsejoh!usbotnjttjpo!sfcbuft-!jo!3118!uif!Fmfdusjd!Efqbsunfou!qbsuofsfe!xjui! Njexftu!Nvojdjqbm!Usbotnjttjpo!Hspvq!)NNUH*!jo!psefs!up!ibwf!pvs!usbotnjttjpo!bttfut!sfdphoj{fe!jo!uif!Njexftu! Joefqfoefou!Usbotnjttjpo!Tztufn!Pqfsbups!)NJTP*!nbslfu/!Jo!epjoh!tp-!pvs!usbotnjttjpo!bttfut!hfofsbuf!b!sfwfovf! sfcbuf-!xijdi!jo!uvso!ifmqt!lffq!pvs!sbuft!epxo/!Jo!3131-!sfcbuft!sfdfjwfe!gspn!pvs!3129!gjmjoht!bwfsbhfe!bqqspyjnbufmz! %44-111!qfs!npoui/!Uif!Xbufs!Efqbsunfou!jt!sfdfjwjoh!mfbtf!sfwfovf!gspn!Tqsjou!boe!Wfsj{po!gpsboufoobt!po!uif!xbufs! upxfst/!Jo!3131!uijt!bnpvou!xbt!bqqspyjnbufmz!%355-111!boe!xjmm!dpoujovf!gps!uif!evsbujpo!pg!uif!nvmuj.zfbs!dpousbdut/!! 18 175 Total Expenses. Jo!sfwjfxjoh!upubm!fyqfotft!jo!Ubcmf!B.3!zpv!xjmm!opujdf!uibu!uifsf!xbt!efdsfbtf!pg!2/8!qfsdfou!pwfsbmm-! xjui!uif!fmfdusjd!efqbsunfou!efdsfbtjoh!2/9!qfsdfou-!boe!uif!xbufs!efqbsunfou!efdsfbtjoh!1/3!qfsdfou/!Qvsdibtfe!Qpxfs! jt!uif!cjhhftu!fmfdusjd!efqbsunfou!fyqfotf-!boe!ju!xbt!epxo!3/6!qfsdfou/!!!!!!! Capital Assets and Debt Administration Capital Assets. Uif!Vujmjujft“!jowftunfou!jo!dbqjubm!bttfut!gps!jut!cvtjoftt.uzqf!bdujwjujft!bt!pg!Efdfncfs!42-!3131 bnpvout!up!%84-368-411)ofupg!bddvnvmbufe!efqsfdjbujpo*/!Uijt!jowftunfou!jo!dbqjubm!bttfut!jodmveft!mboe-!cvjmejoht-! jnqspwfnfout!boe!frvjqnfou/!B!ubcmf!tvnnbsj{joh!uif!cbmbodft!cz!gvoe!gpmmpxt; Jodsfbtf 3131312:)Efdsfbtf* Mboe%78:-126%789-:32%:5 Joubohjcmf34-57:-63634-391-23329:-514 Mboe!Jnqspwfnfout4-4345-369):46* Cvjmejoht3-568-3:72-8:2-:16776-4:2 Nbdijofsz!boe!Frvjqnfou2-885-6962-6:7-915288-892 Jogsbtusvduvsf54-774-92554-744-9833:-:53 Dpotusvdujpo!jo!Qsphsftt2-31:-8532-122-8192:9-145 Upubm%84-368-411%82-::8-6:1%2-36:-821 Uif!upubm!jodsfbtfjo!uif!Vujmjujft“!jowftunfou!jo!dbqjubm!bttfut!gps!uif!dvssfou!gjtdbm!zfbs!xbt!2/8qfsdfou/! Nbkps!dbqjubm!bttfu!fwfout!evsjoh!uif!dvssfou!gjtdbm!zfbs!jodmvefe!uif!gpmmpxjoh; Uif!Fmfdusjd!Efqbsunfou!nblft!b!mptt!pg!sfwfovf!qbznfou!bt!qbsu!pg!uif!dptu!pg!uif!ufssjupsz!bdrvjtjujpo! jodsfbtjoh!Joubohjcmft/ B!ofx!tupsbhf!gbdjmjuz!xbt!cvjmu!gps!cpui!uif!Fmfdusjd!boeXbufs!Efqbsunfou!boe!b!ofx!Xfmm!Dpouspm!Cvjmejoh!gps! uif!Xbufs!Efqbsunfou!xijdi!nblft!vq!uif!nbkpsjuz!pg!uif!jodsfbtf!jo!Cvjmejoht/ Uif!Fmfdusjd!boe!Xbufs!Efqbsunfou!qvsdibtfe!ofx!usbotqpsubujpo!frvjqnfou!jodsfbtjoh!Nbdijofsz!boe! Frvjqnfou-!xjui!uif!nbjo!jodsfbtf!evf!up!uif!qvsdibtf!pg!b!ofx!Cvdlfu!Usvdl!gps!uif!Fmfdusjd!Efqbsunfou/ Dpotusvdujpo!jo!qsphsftt!jodsfbtfe!bt!qspkfdut!tubsufe!jo!uif!dvssfou!zfbs!xfsf!opu!dpnqmfufe!jo!3131/ Beejujpobm!jogpsnbujpo!po!uif!Vujmjujft“!dbqjubm!bttfut!dbo!cf!gpvoe!jo!Opuf!3C!tubsujohpo!qbhf!47!pg!uijt!sfqpsu/ Long-term Debt. Bu!zfbs!foe-!uif!Vujmjujft!ibe!%32-157-591jo!mpoh.ufsn!efcu!xijdi!efdsfbtfegspn!%33-5:8-839jo!gjtdbm! 312:/!Uif!efdsfbtf!jt!nbjomz!evf!upsfhvmbsmz!tdifevmfe!qsjodjqbm!qbznfout/Npsf!efubjmfe!jogpsnbujpo!bcpvu!uif!Vujmjujft“! mpoh.ufsn!mjbcjmjujft!dbo!cf!gpvoe!jo!Opuf!3D!tubsujohpo!qbhf!48!boe!cfmpx; Jodsfbtf 3131312:)Efdsfbtf* H/P/!Sfwfovf!Cpoet%991-111%2-346-111%)466-111* Sfwfovf!Cpoet29-:96-1112:-936-111)951-111* Vobnpsuj{fe!Qsfnjvn!po!Cpoet876-851929-147)63-3:7* Qspnjttpsz!Opuf526-85172:-7:3)314-:63* Upubm%32-157-591%33-5:8-839%)2-562-359* 19 176 Economic Factors and Next Year’s Budgets and Rates Uif!jodsfbtfe!fnqibtjt!upxbse!sfofxbcmf!fofshz!boe!bxbz!gspn!dpbm.cbtfe!fofshz-!uif!dibmmfohf!up!sfevdf!fofshz!boe! xbufs!dpotvnqujpo!xijmf!tujmm!nbjoubjojoh!uif!fyjtujoh!jogsbtusvduvsf!boe!uif!tnbsu!hsje!efwfmpqnfout!bsf!bmm!gbdupst!uibu! qpjou!up!qpufoujbm!jodsfbtfe!dptu!jo!uif!dpnjoh!zfbst/!Ju!jt!uif!Vujmjujft“!hpbm!up!opu!ibwf!up!sfmz!po!jodsfbtjoh!sbuft!up!nffu! uiptf!jodsfbtft!cvu!dpoujovf!up!mppl!gps!xbzt!up!jodsfbtf!fggjdjfodjft!boe!sfevdf!dptut-!xijmf!qspwjejoh!fydfmmfou! dvtupnfs!tfswjdf/!Fml!Sjwfs!Nvojdjqbm!Vujmjujft“!njttjpo!jt!up!qspwjef!tbgf-!dptu.fggfdujwf-!sfmjbcmf-!rvbmjuz!vujmjujft!jo!bo! fowjsponfoubmmz!boe!gjobodjbmmz!sftqpotjcmf!nboofs/!Xf!ibwf!nfu!uibu!njttjpo!jo!pvs!dvtupnfs!tfswjdf!efmjwfsz!boe!pvs! tvddfttgvm!gjobodjbm!sftvmut!boe!xjmm!dpoujovf!up!tusjwf!up!nffu!uibu!njttjpo!jo!uif!gvuvsf/ Contacting the Utilities FinanceManager Uijt!gjobodjbm!sfqpsu!jt!eftjhofe!up!qspwjef!pvs!djuj{fot-!dvtupnfst-!jowftupst!boe!dsfejupst!xjui!b!hfofsbm!pwfswjfx!pg!uif! 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pshboj{bujpo“t!hpwfsojoh!cpez-!boe!)2*!uif!bcjmjuz!pg!uif!qsjnbsz!hpwfsonfou!up!jnqptf!jut!xjmm!po!uibu!pshboj{bujpo!ps!)3*! uif!qpufoujbm!gps!uif!pshboj{bujpo!up!qspwjef!tqfdjgjd!cfofgjut!up-!ps!jnqptf!tqfdjgjd!gjobodjbm!cvsefot!po!uif!qsjnbsz! hpwfsonfou/Uifsf!bsf!op!dpnqpofou!vojut/ B.MeasurementFocus, Basis of Accountingand Basis of Presentation Uif!bddpvout!pg!uif!Vujmjujft!bsf!pshboj{fe!boe!pqfsbufe!po!uif!cbtjt!pg!gvoet/B!gvoe!jt!bo!joefqfoefou!gjtdbm!boe! bddpvoujoh!foujuz!xjui!b!tfmg.cbmbodjoh!tfu!pg!bddpvout/Gvoe!bddpvoujoh!tfhsfhbuft!gvoet!bddpsejoh!up!uifjs!joufoefe! qvsqptf!boe!jt!vtfe!up!bje!nbobhfnfou!jo!efnpotusbujoh!dpnqmjbodf!xjui!gjobodf.sfmbufe!mfhbm!boe!dpousbduvbm! qspwjtjpot/Uif!njojnvn!ovncfs!pg!gvoet!jt!nbjoubjofe!dpotjtufoumz!xjui!mfhbm!boe!nbobhfsjbm!sfrvjsfnfout/ Sfwfovf!sftvmujoh!gspn!fydibohf!usbotbdujpot-!jo!xijdi!fbdi!qbsuz!hjwft!boe!sfdfjwft!fttfoujbmmz!frvbm!wbmvf-!jt! sfdpsefe!po!uif!bddsvbm!cbtjt!xifo!uif!fydibohf!ublft!qmbdf/ Opo.fydibohf!usbotbdujpot-!jo!xijdi!uif!Vujmjujft!sfdfjwft!wbmvf!xjuipvu!ejsfdumz!hjwjoh!frvbm!wbmvf!jo!sfuvso-!jodmvef! qspqfsuz!ubyft-!hsbout-!foujumfnfout!boe!epobujpot/Sfwfovf!gspn!qspqfsuz!ubyft!jt!sfdphoj{fe!jo!uif!zfbs!gps!xijdi!uif! uby!jt!mfwjfe/Sfwfovf!gspn!hsbout-!foujumfnfout!boe!epobujpot!jt!sfdphoj{fe!jo!uif!zfbs!jo!xijdi!bmm!fmjhjcjmjuz! sfrvjsfnfout!ibwf!cffo!tbujtgjfe/Fmjhjcjmjuz!sfrvjsfnfout!jodmvef!ujnjoh!sfrvjsfnfout-!xijdi!tqfdjgz!uif!zfbs!xifo!uif! sftpvsdft!bsf!sfrvjsfe!up!cf!vtfe!ps!uif!zfbs!xifo!vtf!jt!gjstu!qfsnjuufe-!nbudijoh!sfrvjsfnfout-!jo!xijdi!uif!Vujmjujft! nvtu!qspwjef!mpdbm!sftpvsdft!up!cf!vtfe!gps!b!tqfdjgjfe!qvsqptf-!boe!fyqfoejuvsf!sfrvjsfnfout-!jo!xijdi!uif!sftpvsdft! bsf!qspwjefe!up!uif!Vujmjujft!po!b!sfjncvstfnfou!cbtjt/ Hsbout!boe!foujumfnfout!sfdfjwfe!cfgpsf!fmjhjcjmjuz!sfrvjsfnfout!bsf!nfu!bsf!bmtp!sfdpsefebt!vofbsofesfwfovf/ Uif!qsfqbsbujpo!pg!uif!gjobodjbm!tubufnfout!jo!dpogpsnjuz!xjui!bddpvoujoh!qsjodjqmft!hfofsbmmz!bddfqufe!jo!uif!Vojufe! Tubuft!pg!Bnfsjdb!sfrvjsft!nbobhfnfou!up!nblf!ftujnbuft!boe!bttvnqujpot!uibu!bggfdu!dfsubjo!sfqpsufe!bnpvout!boe! ejtdmptvsft/Bddpsejohmz-!bduvbm!sftvmut!dpvme!ejggfs!gspn!uiptf!ftujnbuft/ Proprietary funds bsf!bddpvoufe!gps!po!uif!gmpx!pg!fdpopnjd!sftpvsdft!nfbtvsfnfou!gpdvt!boe!vtf!uif!bddsvbm!cbtjt!pg! bddpvoujoh/!Voefs!uijt!nfuipe-!sfwfovft!bsf!sfdpsefe!xifo!fbsofe!boe!fyqfotft!bsf!sfdpsefe!bu!uif!ujnf!mjbcjmjujft!bsf! jodvssfe/!Qspqsjfubsz!gvoet!jodmvef!uif!gpmmpxjoh!gvoe!uzqf; Enterprise funds bddpvou!gps!uiptf!pqfsbujpot!uibu!bsf!gjobodfe!boe!pqfsbufe!jo!b!nboofs!tjnjmbs!up!qsjwbuf!cvtjoftt!ps! xifsf!uif!Vujmjujft!ibt!efdjefe!uibu!uif!efufsnjobujpo!pg!sfwfovft!fbsofe-!dptut!jodvssfe!boe0ps!ofu!jodpnf!jt!ofdfttbsz! gps!nbobhfnfou!bddpvoubcjmjuz/ Uif!Vujmjujft!sfqpsut!uif!gpmmpxjoh!nbkps!qspqsjfubsz!gvoet; Uif!Electric fund bddpvout!gps!uif!fmfdusjd!ejtusjcvujpo!pqfsbujpot/ Uif!Water fund bddpvout!gps!uif!xbufs!ejtusjcvujpo!pqfsbujpot/! 29 186 Fml!Sjwfs!Nvojdjqbm!Vujmjujft Fml!Sjwfs-!Njooftpub Opuft!up!uif!Gjobodjbm!Tubufnfout Efdfncfs!42-!3131 Note 1:Summary of Significant Accounting Policies (Continued) Qspqsjfubsz!gvoet!ejtujohvjti!operating sfwfovft!boe!fyqfotft!gspn!nonoperating jufnt/!Pqfsbujoh!sfwfovft!boe! fyqfotft!hfofsbmmz!sftvmu!gspn!qspwjejoh!tfswjdft!boe!qspevdjoh!boe!efmjwfsjoh!hppet!jo!dpoofdujpo!xjui!b!qspqsjfubsz! gvoe“t!qsjodjqbm!pohpjoh!pqfsbujpot/!Uif!qsjodjqbm!pqfsbujoh!sfwfovft!pg!uif!Fmfdusjd!boe!Xbufs!foufsqsjtf!gvoet!bsf! dibshft!up!dvtupnfst!gps!tbmft!boe!tfswjdf/!Pqfsbujoh!fyqfotft!gps!foufsqsjtf!gvoet!jodmvef!uif!dptu!pg!tbmft!boe! tfswjdft-!benjojtusbujwf!fyqfotft!boe!efqsfdjbujpo!po!dbqjubm!bttfut/!Bmm!sfwfovft!boe!fyqfotft!opu!nffujoh!uijt! efgjojujpo!bsf!sfqpsufe!bt!opopqfsbujoh!sfwfovft!boe!fyqfotft/ C.Assets,Deferred Outflows of Resources, Liabilities, Deferred Inflows of Resourcesand Net Position Cash and Cash Equivalents Uif!Vujmjujft“!dbti!boe!dbti!frvjwbmfout!bsf!dpotjefsfe!up!cf!dbti!po!iboe-!efnboe!efqptjut!boe!tipsu.ufsn!jowftunfout! xjui!psjhjobm!nbuvsjujft!pg!uisff!npouit!ps!mftt!gspn!uif!ebuf!pg!bdrvjtjujpo/Uif!qspqsjfubsz!gvoet“!qpsujpo!jo!uif! hpwfsonfou.xjef!dbti!boe!ufnqpsbszjowftunfout!qppm!jt!dpotjefsfe!up!cf!dbti!boe!dbti!frvjwbmfout!gps!qvsqptft!pg!uif! tubufnfout!pg!dbti!gmpxt/ Dbti!cbmbodft!gspn!bmm!gvoet!bsf!qppmfe!boe!jowftufe-!up!uif!fyufou!bwbjmbcmf-!jo!dfsujgjdbuft!pg!efqptju!boe!puifs! bvuipsj{fe!jowftunfout/Fbsojoht!gspn!tvdi!jowftunfout!bsf!bmmpdbufe!po!uif!cbtjt!pg!bqqmjdbcmf!qbsujdjqbujpo!cz!fbdi!pg! uif!gvoet/ Uif!Vujmjujft!nbz!bmtp!jowftu!jemf!gvoet!bt!bvuipsj{fe!cz!Njooftpub!tubuvuft-!bt!gpmmpxt; 2/Ejsfdu!pcmjhbujpot!ps!pcmjhbujpot!hvbsbouffe!cz!uif!Vojufe!Tubuft!ps!jut!bhfodjft/ 3/Tibsft!pg!jowftunfou!dpnqbojft!sfhjtufsfe!voefs!uif!Gfefsbm!Jowftunfou!Dpnqboz!Bdu!pg!2:51!boe!sfdfjwfe!uif! ijhiftu!dsfeju!sbujoh-!sbufe!jo!pof!pg!uif!uxp!ijhiftu!sbujoh!dbufhpsjft!cz!b!tubujtujdbm!sbujoh!bhfodz-!boe!ibwf!b! gjobm!nbuvsjuz!pg!uijsuffo!npouit!ps!mftt/ 4/Hfofsbm!pcmjhbujpot!pg!b!tubuf!ps!mpdbm!hpwfsonfou!xjui!ubyjoh!qpxfst!sbufe!”B•!ps!cfuufs<!sfwfovf!pcmjhbujpot! sbufe!”BB•!ps!cfuufs/ 5/Hfofsbm!pcmjhbujpot!pg!uif!Njooftpub!Ipvtjoh!Gjobodf!Bhfodz!sbufe!”B•!ps!cfuufs/ 6/Pcmjhbujpo!pg!b!tdippm!ejtusjdu!xjui!bo!psjhjobm!nbuvsjuz!opu!fydffejoh!24!npouit!boe!)j*!sbufe!jo!uif!ijhiftu! dbufhpsz!cz!b!obujpobm!cpoe!sbujoh!tfswjdf!ps!)jj*!fospmmfe!jo!uif!dsfeju!foibodfnfou!qsphsbn!qvstvbou!up!tubuvuf! tfdujpo!237D/66/ 7/Cbolfst“!bddfqubodft!pg!Vojufe!Tubuft!cbolt!fmjhjcmf!gps!qvsdibtf!cz!uif!Gfefsbm!Sftfswf!Tztufn/ 8/Dpnnfsdjbm!qbqfs!jttvfe!cz!Vojufe!Tubuft!cbolt!dpsqpsbujpot!ps!uifjs!Dbobejbo!tvctjejbsjft-!pg!ijhiftu!rvbmjuz! dbufhpsz!cz!bu!mfbtu!uxp!obujpobmmz!sfdphoj{fe!sbujoh!bhfodjft-!boe!nbuvsjoh!jo!381!ebzt!ps!mftt/ 9/Sfqvsdibtf!ps!sfwfstf!sfqvsdibtf!bhsffnfout!boe!tfdvsjujft!mfoejoh!bhsffnfout!xjui!gjobodjbm!jotujuvujpot! rvbmjgjfe!bt!b!”efqptjupsz•!cz!uif!hpwfsonfou!foujuz-!xjui!cbolt!uibu!bsf!nfncfst!pg!uif!Gfefsbm!Sftfswf!Tztufn xjui!dbqjubmj{bujpo!fydffejoh!%21-111-111-!b!qsjnbsz!sfqpsujoh!efbmfs!jo!V/T/!hpwfsonfou!tfdvsjujft!up!uif!Gfefsbm! Sftfswf!Cbol!pg!Ofx!Zpsl-!ps!dfsubjo!Njooftpub!tfdvsjujft!csplfs.efbmfst/ :/Hvbsbouffe!Jowftunfou!Dpousbdut!)HJD(t*!jttvfe!ps!hvbsbouffe!cz!bVojufe!Tubuft!dpnnfsdjbm!cbol-!b!epnftujd! csbodi!pg!b!gpsfjho!cbol-!b!Vojufe!Tubuft!jotvsbodf!dpnqboz-!ps!jut!Dbobejbo!tvctjejbsz-!xiptf!tjnjmbs!efcu! pcmjhbujpot!xfsf!sbufe!jo!pof!pg!uif!upq!uxp!sbujoh!dbufhpsjft!cz!b!obujpobmmz!sfdphoj{fe!sbujoh!bhfodz/ Csplfs!npofz!nbslfu!gvoet!pqfsbuf!jo!bddpsebodf!xjui!bqqspqsjbuf!tubuf!mbxt!boe!sfhvmbujpot/!Uif!sfqpsufe!wbmvf!pg!uif! qppm!jt!uif!tbnf!bt!uif!gbjs!wbmvf!pg!uif!tibsft/ 30 187 Fml!Sjwfs!Nvojdjqbm!Vujmjujft Fml!Sjwfs-!Njooftpub Opuft!up!uif!Gjobodjbm!Tubufnfout Efdfncfs!42-!3131 Note 1:Summary of Significant Accounting Policies (Continued) Uif!Vujmjujftdbufhpsj{ft!jut!gbjs!wbmvf!nfbtvsfnfout!xjuijo!uif!gbjs!wbmvf!ijfsbsdiz!ftubcmjtife!cz!hfofsbmmz!bddfqufe! bddpvoujoh!qsjodjqmft/!Uif!ijfsbsdiz!jt!cbtfe!po!uif!wbmvbujpo!joqvut!vtfe!up!nfbtvsf!uif!gbjs!wbmvf!pg!uif!bttfu/!Mfwfm!2! joqvut!bsf!rvpufe!qsjdft!jo!bdujwf!nbslfut!gps!jefoujdbm!bttfut<!Mfwfm!3!joqvut!bsf!tjhojgjdbou!puifs!pctfswbcmf!joqvut<!Mfwfm! 4!joqvut!bsf!tjhojgjdbou!vopctfswbcmf!joqvut/!Uif!Vujmjujftsfdvssjoh!gbjs!wbmvf!nfbtvsfnfout!bsf!mjtufe!jo!efubjm!po!qbhf!46 boe!bsf!wbmvfe!vtjoh!b!nbusjy!qsjdjoh!npefm!)Mfwfm!3!joqvut*/ Uif!Vujmjujftibt!uif!gpmmpxjoh!sfdvssjoh!gbjs!wbmvf!nfbtvsfnfout!bt!pg!Efdfncfs!42-!3131;! 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Accounts Receivable Bddpvout!sfdfjwbcmf!jodmvef!bnpvout!cjmmfe!gps!tfswjdft!qspwjefe!cfgpsf!zfbs!foe/Uif!Vujmjujft!ibt!ftubcmjtife!b!sftfswf! gps!vodpmmfdujcmf!bddpvoutxijdi!jt!bekvtufe!boovbmmz!cbtfe!po!uif!sfdfjwbcmf!bdujwjuz/Op!tvctuboujbm!mpttft!gspn!qsftfou! sfdfjwbcmf!cbmbodft!bsf!boujdjqbufe/B!tvnnbsz!pg!uif!vodpmmfdujcmf!bddpvou!cbmbodft!bu!Efdfncfs!42-!3131jt!bt! gpmmpxt; 3131 Fmfdusjd%36-466 Xbufs361 Upubm%36-716 Interfund Receivablesand Payables Usbotbdujpot!cfuxffo!gvoet!uibu!bsf!sfqsftfoubujwf!pg!mfoejoh0cpsspxjoh!bssbohfnfout!pvutuboejoh!bu!uif!foe!pg!uif! gjtdbm!zfbs!bsf!sfgfssfe!up!bt!fjuifs!”joufsgvoe!sfdfjwbcmft0qbzbcmft•!)j/f/-!uif!dvssfou!qpsujpo!pg!joufsgvoe!mpbot*!ps! ”bewbodft!up0gspn!puifs!gvoet•!)j/f/-!uif!opo.dvssfou!qpsujpo!pg!joufsgvoe!mpbot*/Bmm!puifs!pvutuboejoh!cbmbodft!cfuxffo! gvoet!bsf!sfqpsufe!bt!”evf!up0gspn!puifs!gvoet•/ Inventoriesand Prepaid items Jowfoupsjft!pg!nbufsjbmt!boe!tvqqmjft!bsf!sfdpsefe!bu!bwfsbhf!dptu-!vtjoh!uif!gjstu.jo-!gjstu!pvu!)GJGP*!nfuipe/ Dfsubjo!qbznfout!up!wfoepst!sfgmfdu!dptut!bqqmjdbcmf!up!gvuvsf!bddpvoujoh!qfsjpet!boe!bsf!sfdpsefe!bt!qsfqbje!jufnt/! Capital Assets Dbqjubm!bttfut!bsf!tubufe!bu!dptu/!Dbqjubm!bttfut!bsf!efgjofe!cz!uif!Vujmjujft!bt!bttfut!xjui!bo!jojujbm!joejwjevbm!dptu!pg!npsf! uibo!%6-111!boe!bo!ftujnbufe!vtfgvm!mjgf!jo!fydftt!pg!uxp!zfbst/!Fyqfoejuvsft!gps!nbjoufobodf!boe!sfqbjst!bsf!dibshfe!up! pqfsbujpot!boe!fyqfoejuvsft!uibu!fyufoe!uif!vtfgvm!mjgf!pg!uif!bttfu!bsf!dbqjubmj{fe!boe!efqsfdjbufe/!Xifo!bttfut!bsf! sfujsfe!ps!tpme-!uif!sfmbufe!dptu!boe!bddvnvmbufe!efqsfdjbujpo!bsf!sfnpwfe!gspn!uif!bddpvout!boe!boz!hbjo!ps!mptt!po! ejtqptjujpo!jt!jodmvefe!bt!opo.pqfsbujoh!sfwfovft!ps!fyqfotft/Epobufe!dbqjubm!bttfut!bsf!sfdpsefe!bu!bdrvjtjujpo!wbmvf! bu!uif!ebuf!pg!epobujpo/! Nbkps!fyqfoejuvsft!gps!jnqspwfnfout!ps!dbqjubm!bttfu!qspkfdut!bsf!dbqjubmj{fe!bt!qspkfdut!bsf!dpotusvdufe/! 31 188 Fml!Sjwfs!Nvojdjqbm!Vujmjujft Fml!Sjwfs-!Njooftpub Opuft!up!uif!Gjobodjbm!Tubufnfout Efdfncfs!42-!3131 Note 1:Summary of Significant Accounting Policies (Continued) Uif!Vujmjujft!gpmmpx!uif!qpmjdz!pg!qspwjejoh!efqsfdjbujpo!po!uif!tusbjhiu.mjof!nfuipe!pwfs!uif!ftujnbufe!vtfgvm!mjwft!pg!uif! bttfut-!xijdi!bsf!bt!gpmmpxt; Mjwft!jo!Zfbst EftdsjqujpoFmfdusjdXbufs Qspevdujpo5!.!3136!.!61 Usbotnjttjpo411 Ejtusjcvujpo21!.!4436!.!61 Hfofsbm21!.!6121!.!61 Nbdijofsz-!Uppmt!boe!Frvjqnfou6!.!216!.!21 Bvupnpcjmft4!.!94!.!9 Deferred Outflows of Resources Jo!beejujpo!up!bttfut-!uif!tubufnfou!pg!ofuqptjujpo!xjmm!tpnfujnft!sfqpsu!b!tfqbsbuf!tfdujpo!gps!efgfssfe!pvugmpxt!pg! sftpvsdft/!Uijt!tfqbsbuf!gjobodjbm!tubufnfou!fmfnfou-!efgfssfe!pvugmpxt!pg!sftpvsdft-!sfqsftfout!b!dpotvnqujpo!pg!ofu! qptjujpo!uibu!bqqmjft!up!b!gvuvsf!qfsjpe)t*!boe!tp!xjmm!opu!cfsfdphoj{fe!bt!bo!pvugmpx!pg!sftpvsdft!)fyqfotf0fyqfoejuvsf*! voujm!uifo/!Uif!Vujmjujftibt!uxpjufnt-!b!efgfssfe!dibshf!po!sfgvoejoh!boe!efgfssfe!qfotjpo!sftpvsdft-!xijdirvbmjgzgps! sfqpsujoh!jo!uijt!dbufhpsz/!B!efgfssfe!dibshf!po!sfgvoejoh!sftvmut!gspn!uif!ejggfsfodf!jo!uif!dbsszjoh!wbmvf!pg!sfgvoefe!efcu! boe!jut!sfbdrvjtjujpo!qsjdf/!Uijt!bnpvou!jt!efgfssfe!boe!bnpsuj{fe!pwfs!uif!tipsufs!pg!uif!mjgf!pguif!sfgvoefe!ps!sfgvoejoh! efcu/Efgfssfe!qfotjpo!sftpvsdft!sftvmu!gspn!bduvbsjbm!dbmdvmbujpo!boe!dvssfouzfbs!qfotjpo!dpousjcvujpot!tvctfrvfou!up! uif!nfbtvsfnfou!ebuf/ Compensated Absences Vacation:Bmm!wbdbujpo!cfofgjut!dbo!cf!dbssjfe!pwfs!gspn!zfbs!up!zfbs!boe!xjmm!cf!qbzbcmf!vqpo!ufsnjobujpo/!Vovtfe! wbdbujpo!dbsszpwfs!jt!mjnjufe!up!uif!ovncfs!pg!ipvst!bddsvfe!evsjoh!uif!qsfwjpvt!zfbs/ Sick Leave:Tjdl!mfbwf!dbo!cf!bddvnvmbufe!up!b!nbyjnvn!pg!:71!ipvst!gspn!zfbs!up!zfbs/!Vqpo!ufsnjobujpo!ps!sfujsfnfou-! fnqmpzfft!xjmm!ibwf!61!qfsdfou!pg!vovtfe!tjdl!mfbwf-!vq!up!b!nbyjnvn!pg!:71!ipvst-!dpowfsufe!up!dbti!boe!efqptjufe! joup!uifjs!Qptu!Ifbmui!Dbsf!Tbwjoht!bddpvou/! 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Efqsfdjbujpo)5:-316-753*)5-141-129*326-136)64-131-746* Upubm!Dbqjubm!Bttfut cfjoh!Efqsfdjbufe-!Ofu57-2:3-933323-337)9-293*57-4:7-977 Cvtjoftt.uzqf!Bdujwjujft Dbqjubm!Bttfut-!Ofu%82-::8-6:1%5-955-686%)4-695-976*%84-368-411 36 193 Fml!Sjwfs!Nvojdjqbm!Vujmjujft Fml!Sjwfs-!Njooftpub Opuft!up!uif!Gjobodjbm!Tubufnfout Efdfncfs!42-!3131 Note 2:Detailed Notes on All Funds (Continued) Efqsfdjbujpo!fyqfotf!xbt!dibshfe!up!gvodujpot0qsphsbnt!pg!uif!Vujmjujft!bt!gpmmpxt; 3131 Business-type Activities Fmfdusjd%3-9:7-94: Xbufs2-244-28: Upubm!Efqsfdjbujpo!Fyqfotf!.!Cvtjoftt.uzqf!Bdujwjujft%5-141-129 C.Long-term Debt HfofsbmPcmjhbujpo!Sfwfovf!Cpoet Uif!Djuzpg!Fml!Sjwfsjttvft!hfofsbm!pcmjhbujpo!cpoet!up!qspwjef!gvoet!gps!uif!bdrvjtjujpo!boe!dpotusvdujpo!pg!nbkps!dbqjubm! gbdjmjujft/Uif!gpmmpxjoh!cpoet!bsf!up!cf!qbje!pvu!pg!Vujmjujft“!sfwfovft!boe!bsf!cbdlfe!cz!uif!gvmm!gbjui!boe!dsfeju!pg!uif!Djuz/ Joufsftu Bvuipsj{feJttvfNbuvsjuzCbmbodf!bu EftdsjqujpoSbuf boe!JttvfeEbufEbufZfbs!Foe H/P/!Xbufs!Sfwfovf Sfgvoejoh!Cpoet!pg!3119%4-196-1113/86!.!4/76&1303101913012033%641-111 H/P/!Dbqjubm!Jnqspwfnfou Qmbo!Cpoet!pg!3121B2-376-1113/11!.!5/111503202113012034461-111 Upubm!H/P/!Sfwfovf!Cpoet%991-111 Uif!boovbm!efcu!tfswjdf!sfrvjsfnfout!up!nbuvsjuz!gps!uif!hfofsbm!pcmjhbujpo!sfwfovfcpoet!bsf!bt!gpmmpxt; Zfbs!Foejoh Efdfncfs!42-QsjodjqbmJoufsftu!Upubm 3132%481-111%37-381%4:7-381 3133496-11123-3394:8-339 3134236-1113-611238-611 Upubm%991-111%51-::9%:31-::9 Jo!3131-!boovbm!qsjodjqbm!boe!joufsftu!qbznfou!po!uif!cpoet!sfrvjsfe!bcpvu!1/4&qfsdfou!pg!sfwfovft!gspn!uif!Fmfdusjd! gvoe/!!Uif!qsjodjqbm!boe!joufsftu!qbje!boe!upubm!dvtupnfs!sfwfovft!gps!uif!Fmfdusjd!gvoe!xfsf%:7-991!boe!%48-:33-618- sftqfdujwfmz/ Jo!3131-!boovbm!qsjodjqbm!boe!joufsftu!qbznfou!po!uif!cpoet!sfrvjsfe!bcpvu!22/2&qfsdfou!pg!sfwfovft!gspn!uif!Xbufs! gvoe/Uif!qsjodjqbm!boe!joufsftu!qbje!boe!upubm!dvtupnfs!sfwfovft!gps!uif!Xbufs!gvoe!xfsf%3:8-729boe%3-785-655- sftqfdujwfmz/ 37 194 Fml!Sjwfs!Nvojdjqbm!Vujmjujft Fml!Sjwfs-!Njooftpub Opuft!up!uif!Gjobodjbm!Tubufnfout Efdfncfs!42-!3131 Note 2:Detailed Notes on All Funds (Continued) Sfwfovf!Cpoet! Uif!sfwfovf!cpoet!xfsf!jttvfe!up!gbdjmjubuf!uif!nfncfstijq!cvz.jo!xjui!NNQB-!uif!ofx!qpxfs!qspwjefs-!boe!bsf!up!cf! sfqbje!gspn!gvuvsf!sfwfovf!qmfehfe!gspn!uif!Fmfdusjd!gvoe/Uifz!xjmm!cf!sfujsfe!gspn!ofu!sfwfovft!pg!uif!gvoe/ Joufsftu Bvuipsj{feJttvfNbuvsjuzCbmbodf!bu EftdsjqujpoSbuf boe!JttvfeEbufEbufZfbs!Foe Fmfdusjd!Sfwfovf!Cpoet-!Tfsjft!3127B%:-866-1113/11!.!5/11&18025027130120479-:21-111% Fmfdusjd!Sfwfovf!Sfgvoejoh Cpoet-!Tfsjft!3127C2-481-1113/11!.!5/111802502713012033586-111 Fmfdusjd!Sfwfovf!Cpoet-!Tfsjft!3129B21-111-1114/61!.!6/111:03702919012059:-711-111 Upubm!Sfwfovf!Cpoet%29-:96-111 Uif!boovbm!efcu!tfswjdf!sfrvjsfnfout!upnbuvsjuz!gps!uif!sfwfovf!cpoetbsf!bt!gpmmpxt; Zfbs!Foejoh Efdfncfs!42-QsjodjqbmJoufsftuUpubm 3132%976-111%732-542%2-597-542 3133:11-11169:-1922-59:-192 3134791-111671-6422-351-642 3135816-111646-:172-351-:17 3136841-111621-4422-351-442 3137!.!31415-141-1113-316-8497-346-849 3142!.!31465-761-1112-67:-:367-32:-:36 3147!.!31513-691-111:25-8174-5:5-817 3152!.!31563-386-111645-17:3-91:-17: 3157!.!31592-681-111226-1:62-796-1:6 Upubm%29-:96-111%9-267-924%38-252-924 Jo!3131-!boovbm!qsjodjqbm!boe!joufsftu!qbznfou!po!uif!cpoet!sfrvjsfe!bcpvu!4/:&qfsdfou!pg!sfwfovft!gspn!uif!Fmfdusjd! gvoe/!Qsjodjqbm!boe!joufsftu!qbje!boe!upubm!dvtupnfs!sfwfovft!gps!uif!Fmfdusjd!gvoe!xfsf!%2-5:3-538boe!%48-:33-618- sftqfdujwfmz/! Qspnjttpsz!Opuf Uif!Vujmjujft!ibt!jttvfe!b!qspnjttpsz!opuf!up!qspwjef!gps!dpotusvdujpo!pg!b!mboegjmm!hbt!hfofsbups/!Uif!opuf!jt!up!cf!qbje! gspn!sfwfovf!pg!uif!tztufn!boe!jt!tfdvsfe!cz!uif!gbdjmjuz/ Joufsftu Bvuipsj{feJttvfNbuvsjuzCbmbodf!bu EftdsjqujpoSbuf boe!JttvfeEbufEbufZfbs!Foe Mboegjmm Hfofsbups!Opuf%4-632-111.&1402:01323012033%526-851 38 195 Fml!Sjwfs!Nvojdjqbm!Vujmjujft Fml!Sjwfs-!Njooftpub Opuft!up!uif!Gjobodjbm!Tubufnfout Efdfncfs!42-!3131 Note 2:Detailed Notes on All Funds (Continued) Uif!boovbm!efcu!tfswjdf!sfrvjsfnfout!up!nbuvsjuz!gps!uif!hfofsbups!opuf!bsf!bt!gpmmpxt; Zfbs!Foejoh Efdfncfs!42-QsjodjqbmJoufsftuUpubm 3132317-727%.%317-727 313331:-235.31:-235 Upubm%526-851%.%526-851 Dibohft!joMpoh.ufsnMjbcjmjujft Mpoh.ufsn!mjbcjmjuz!bdujwjuz!gps!uif!zfbs!foefe!Efdfncfs!42-!3131xbt!bt!gpmmpxt; CfhjoojohFoejohEvf!Xjuijo CbmbodfJodsfbtftEfdsfbtftCbmbodfPof!Zfbs Business-type Activities Cpoet!Qbzbcmf Hfofsbm!pcmjhbujpo sfwfovf!cpoet%2-346-111%.%)466-111*%991-111%481-111 Sfwfovf!cpoet!2:-936-111.)951-111*29-:96-111976-111 Vobnpsuj{fe!qsfnjvn po!cpoet929-147.)63-3:7*876-851. Upubm!Cpoet!Qbzbcmf-!Ofu32-989-147.)2-358-3:7*31-741-8512-346-111 Opuft!Qbzbcmf72:-7:3.)314-:63*526-851317-727 Dpnqfotbufe! Bctfodft!Qbzbcmf4:5-8394:7-683)474-387*539-135539-135 Cvtjoftt.uzqf!Bdujwjuz Mpoh.ufsn Mjbcjmjujft%33-9:3-567%4:7-683%)2-925-635*%32-585-615%2-97:-751 39 196 Fml!Sjwfs!Nvojdjqbm!Vujmjujft Fml!Sjwfs-!Njooftpub Opuft!up!uif!Gjobodjbm!Tubufnfout Efdfncfs!42-!3131 Note 2:Detailed Notes on All Funds (Continued) D.InterfundReceivables, PayablesandTransfers Interfunds Uif!dpnqptjujpo!pg!joufsgvoe!cbmbodft!bu!zfbs!foejt!bt!gpmmpxt;! Sfdfjwbcmf!GvoeQbzbcmf!Gvoe BnpvouQvsqptf FmfdusjdDjuz%5-29:Efdfncfs!cjmmjoht XbufsDjuz9-575Sftjefoujbm!Xbufs!Dpoofdujpo!)34!vojut* XbufsDjuz239-961UJG!33!Xbufs!Bddftt!Dibshf Upubm!Xbufs!Gvoe!Sfdfjwbcmf!Gspn!Djuz248-425 Upubm!Sfdfjwbcmf!Gspn!Djuz%252-614 DjuzFmfdusjd%226-:55Tibsfe!dptut DjuzFmfdusjd8-867Tvqqmjft DjuzFmfdusjd:7-385Efdfncfs!usbotgfs!pg!5&!pg!sfwfovf DjuzFmfdusjd379-6535ui!rvbsufs!gsbodijtf!gfft DjuzFmfdusjd2:2-51:Cjmmfe!tfxfs!po!cfibmg!pg!Djuz DjuzFmfdusjd252-7::Cjmmfe!hbscbhf!po!cfibmg!pg!Djuz DjuzFmfdusjd58-653Cjmmfe!tupsnxbufs!po!cfibmg!pg!Djuz Upubm!Fmfdusjd!Gvoe!Qbzbcmf!up!Djuz97:-277 DjuzXbufs!39-::9Tibsfe!dptut DjuzXbufs!::3Tvqqmjft Upubm!Xbufs!Gvoe!Qbzbcmf!up!Djuz3:-::1 Upubm!Qbzbcmf!up!Djuz%9::-267 Transfers Uif!usbotgfs!pvu!pg!uif!Fmfdusjd!gvoe!xbt!uif!boovbm!usbotgfs!pg!5!qfsdfou!pg!3131Fml!Sjwfs!sfwfovft!up!Djuz!gvoet/!Uif! Fmfdusjd!gvoe!usbotgfssfe!%2-451-329jo!3131/ 40 197 Fml!Sjwfs!Nvojdjqbm!Vujmjujft Fml!Sjwfs-!Njooftpub Opuft!up!uif!Gjobodjbm!Tubufnfout Efdfncfs!42-!3131 Note 3:Defined Benefit Pension Plans - Statewide A.Plan Description Uif!Vujmjujftqbsujdjqbuft!jo!uif!gpmmpxjoh!dptu.tibsjoh!nvmujqmf.fnqmpzfs!efgjofe!cfofgju!qfotjpo!qmbot!benjojtufsfe!cz!uif! Qvcmjd!Fnqmpzfft!Sfujsfnfou!Bttpdjbujpo!pg!Njooftpub!)QFSB*/!QFSB“t!efgjofe!cfofgju!qfotjpo!qmbot!bsf!ftubcmjtife! boe!benjojtufsfe!jo!bddpsebodf!xjui!Minnesota statutes--!dibqufst!464!boe!467/QFSB“t!efgjofe!cfofgju!qfotjpo!qmbot! bsf!uby!rvbmjgjfe!qmbot!voefs!Tfdujpo!512)b*!pg!uif!Joufsobm!Sfwfovf!Dpef/ Hfofsbm!Fnqmpzfft!Sfujsfnfou!Qmbo Bmm!gvmm.ujnf!boe!dfsubjo!qbsu.ujnf!fnqmpzfft!pg!uif!Vujmjujftbsf!dpwfsfe!cz!uif!Hfofsbm!Fnqmpzfft!Qmbo!Hfofsbm! Fnqmpzfft!Qmbo!nfncfst!cfmpoh!up!uif!Dppsejobufe!Qmbo/!!Dppsejobufe!Qmbo!nfncfst!bsf!dpwfsfe!cz!Tpdjbm!Tfdvsjuz/ B.Benefits Provided QFSB!qspwjeft!sfujsfnfou-!ejtbcjmjuz!boe!efbui!cfofgjut/!Cfofgju!qspwjtjpot!bsf!ftubcmjtife!cz!tubuftubuvuf!boe!dbo!pomz! cf!npejgjfe!cz!uif!tubuf!Mfhjtmbuvsf/!Wftufe-!ufsnjobufe!fnqmpzfft!xip!bsf!foujumfe!up!cfofgjut!cvu!bsf!opu!sfdfjwjoh!uifn! zfu!bsf!cpvoe!cz!uif!qspwjtjpot!jo!fggfdu!bu!uif!ujnf!uifz!mbtu!ufsnjobufe!uifjs!qvcmjd!tfswjdf/ Hfofsbm!Fnqmpzff!Qmbo!Cfofgjut Hfofsbm!Fnqmpzfft!Qmbo!cfofgjut!bsf!cbtfe!po!b!nfncfs“t!ijhiftu!bwfsbhf!tbmbsz!gps!boz!gjwf!tvddfttjwf!zfbst!pg! bmmpxbcmf!tfswjdf-!bhf-!boe!zfbst!pg!dsfeju!bu!ufsnjobujpo!pg!tfswjdf/!Uxp!nfuipet!bsf!vtfe!up!dpnqvuf!cfofgjut!gps! QFSB(t!Dppsejobufe!Qmbo!nfncfst/!Nfncfst!ijsfe!qsjps!up!Kvmz!2-!2:9:-!sfdfjwf!uif!ijhifs!pg!Nfuipe!2!ps!Nfuipe!3! gpsnvmbt/!Pomz!Nfuipe!3!jt!vtfe!gps!nfncfst!ijsfe!bgufs!Kvof!41-!2:9:/!Voefs!Nfuipe!2-!uif!bddsvbm!sbuf!gps!Dppsejobufe! nfncfst!jt!2/3!qfsdfou!pg!bwfsbhf!tbmbsz!gps!fbdi!pg!uif!gjstu!21!zfbst!pg!tfswjdf!boe!2/8!qfsdfou!pg!bwfsbhf!tbmbsz!gps! fbdi!beejujpobm!zfbs/!Voefs!Nfuipe!3-!uif!bddsvbm!sbuf!gps!Dppsejobufe!nfncfst!jt!2/8!qfsdfougps!bwfsbhf!tbmbsz!gps!bmm! zfbst!pg!tfswjdf/!Gps!nfncfst!ijsfe!qsjps!up!Kvmz!2-!2:9:!b!gvmm!boovjuz!jt!bwbjmbcmf!xifo!bhf!qmvt!zfbst!pg!tfswjdf!frvbm! :1!boe!opsnbm!sfujsfnfou!bhf!jt!76/!Gps!nfncfst!ijsfe!po!ps!bgufs!Kvmz!2-!2:9:!opsnbm!sfujsfnfou!bhf!jt!uif!bhf!gps! vosfevdfe!Tpdjbm!Tfdvsjuz!cfofgjut!dbqqfe!bu!77/!! Cfofgju!jodsfbtft!bsf!qspwjefe!up!cfofgju!sfdjqjfout!fbdi!Kbovbsz/!Cfhjoojoh!jo!312:-!uif!qptusfujsfnfou!jodsfbtf!xjmm!cf! frvbm!up!61!qfsdfou!pg!uif!dptu.pg.mjwjoh!bekvtunfou!)DPMB*!boopvodfe!cz!uif!TTB-!xjui!b!njojnvn!jodsfbtf!pg!bu!mfbtu!2! qfsdfou!boe!b!nbyjnvn!pg!2/6!qfsdfou/!Sfdjqjfout!uibu!ibwf!cffo!sfdfjwjoh!uif!boovjuz!ps!cfofgju!gps!bu!mfbtu!b!gvmm!zfbs! bt!pg!uif!Kvof!41!cfgpsf!uif!fggfdujwf!ebuf!pg!uif!jodsfbtf!xjmm!sfdfjwf!uif!gvmm!jodsfbtf/!Gps!sfdjqjfout!sfdfjwjoh!uif! boovjuz!ps!cfofgju!gps!bu!mfbtu!pof!npoui!cvu!mftt!uibo!b!gvmm!zfbs!bt!pg!uif!Kvof!41!cfgpsf!uif!fggfdujwf!ebuf!pg!uif!jodsfbtf! xjmm!sfdfjwf!b!sfevdfe!qspsbufe!jodsfbtf/!Gps!nfncfst!sfujsjoh!po!Kbovbsz!2-!3135-!ps!mbufs-uif!jodsfbtf!xjmm!cf!efmbzfe! voujm!opsnbm!sfujsfnfou!bhf!)bhf!76!jg!ijsfe!qsjps!up!Kvmz!2-!2:9:-!ps!bhf!77!gps!joejwjevbmt!ijsfe!po!ps!bgufs!Kvmz!2-!2:9:*/ Nfncfst!sfujsjoh!voefs!Svmf!pg!:1!bsf!fyfnqu!gspn!uif!efmbz!up!opsnbm!sfujsfnfou/ C.Contributions Minnesota statutes dibqufs!464!tfut!uif!sbuft!gps!fnqmpzfs!boe!fnqmpzff!dpousjcvujpot/Dpousjcvujpo!sbuft!dbo!pomz!cf! npejgjfe!cz!uif!tubuf!Mfhjtmbuvsf/!! Hfofsbm!Fnqmpzfft!Gvoe!Dpousjcvujpot Dppsejobufe!Qmbo!nfncfst!xfsf!sfrvjsfe!up!dpousjcvuf!7/61!qfsdfou!pg!uifjs!boovbm!dpwfsfe!tbmbsz!jo!gjtdbm!zfbs!3131boe! uif!Vujmjujft!xbt!sfrvjsfe!up!dpousjcvuf!8/61!qfsdfou!gps!Dppsejobufe!Qmbo!nfncfst/!!Uif!Vujmjujftdpousjcvujpot!up!uif! Hfofsbm!Fnqmpzfft!Gvoegps!uif!zfbst!foejoh!Efdfncfs!42-!3131-312:boe!3129xfsf%39:-755-%396-779-!boe! %376-535-!sftqfdujwfmz/Uif!Vujmjujftdpousjcvujpot!xfsf!frvbm!up!uif!sfrvjsfe!dpousjcvujpot!gps!fbdi!zfbs!bt!tfu!cz!tubuf! tubuvuf/ 41 198 Fml!Sjwfs!Nvojdjqbm!Vujmjujft Fml!Sjwfs-!Njooftpub Opuft!up!uif!Gjobodjbm!Tubufnfout Efdfncfs!42-!3131 Note 3:Defined Benefit Pension Plans - Statewide (Continued) D.Pension Costs Hfofsbm!Fnqmpzfft!GvoeQfotjpo!Dptut Bu!Efdfncfs!42-!3131-!uif!Vujmjujftsfqpsufe!b!mjbcjmjuz!pg!%4-348-658gps!jut!qspqpsujpobuf!tibsf!pg!uif!Hfofsbm!Fnqmpzfft! Gvoe“t!ofu!qfotjpo!mjbcjmjuz/!Uif!Vujmjujftofu!qfotjpo!mjbcjmjuz!sfgmfdufe!b!sfevdujpo!evf!up!uif!Tubuf!pg!Njooftpub“t! dpousjcvujpo!pg!%27!njmmjpo/Uif!Tubuf!pg!Njooftpub!jt!dpotjefsfe!b!opo.fnqmpzfs!dpousjcvujoh!foujuz!boe!uif!tubuf“t! dpousjcvujpo!nffut!uif!efgjojujpo!pg!b!tqfdjbm!gvoejoh!tjuvbujpo/Uif!Tubuf!pg!Njooftpub“t!qspqpsujpobuf!tibsf!pg!uif!ofu! qfotjpo!mjbcjmjuz!bttpdjbufe!xjui!uif!Vujmjujftupubmfe%::-829/Uif!ofu!qfotjpo!mjbcjmjuzxbt!nfbtvsfe!bt!pg!Kvof!41-!3131- boe!uif!upubm!qfotjpo!mjbcjmjuz!vtfe!up!dbmdvmbuf!uif!ofu!qfotjpo!mjbcjmjuz!xbt!efufsnjofe!cz!bo!bduvbsjbm!wbmvbujpo!bt!pg!uibu! ebuf/!Uif!Vujmjujftqspqpsujpobuf!tibsf!pg!uif!ofu!qfotjpo!mjbcjmjuz!xbt!cbtfe!po!uif!Vujmjujftdpousjcvujpot!sfdfjwfe!cz! QFSB!evsjoh!uif!nfbtvsfnfou!qfsjpe!gps!fnqmpzfs!qbzspmm!qbje!ebuft!gspn!Kvmz!2-!312:uispvhi!Kvof!41-!3131sfmbujwf!up! uif!upubm!fnqmpzfs!dpousjcvujpot!sfdfjwfe!gspn!bmm!pg!QFSB“t!qbsujdjqbujoh!fnqmpzfst/!UifVujmjujftqspqpsujpobuftibsf!xbt! 1/1651!qfsdfou!xijdi!xbtbo!jodsfbtfpg!1/1131qfsdfou!gspn!jut!qspqpsujpo!nfbtvsfe!bt!pg!Kvof!41-!312:/! Vujmjujft(!Qspqpsujpobuf!Tibsf!pg!uif!Ofu!Qfotjpo!Mjbcjmjuz%4-348-658 Tubuf!pg!Njooftpub(t!Qspqpsujpobuf!Tibsf!pg!uif!Ofu!Qfotjpo! Mjbcjmjuz!Bttpdjbufe!xjui!uif!Vujmjujft::-829 Upubm %4-448-376 Gps!uif!zfbs!foefe!Efdfncfs!42-!3131-!uif!Vujmjujftsfdphoj{fe!qfotjpo!fyqfotf!pg!%283-396gps!jut!qspqpsujpobuf!tibsf! pg!uif!Hfofsbm!Fnqmpzfft!Qmbo“tqfotjpo!fyqfotf/Jo!beejujpo-!uif!Vujmjujftsfdphoj{fe!bo!beejujpobm!%9-789bt!qfotjpo! fyqfotf!)boe!hsbou!sfwfovf*!gps!jut!qspqpsujpobuf!tibsf!pg!uif!Tubuf!pg!Njooftpub“t!dpousjcvujpo!pg!%27!njmmjpo!up!uif! Hfofsbm!Fnqmpzfft!Gvoe/ Bu!Efdfncfs!42-!3131-!uif!Vujmjujftsfqpsufe!jut!qspqpsujpobuf!tibsf!pguif!Hfofsbm!Fnqmpzfft!Qmbo“tefgfssfe!pvugmpxt!pg! sftpvsdft!boe!efgfssfe!jogmpxt!pg!sftpvsdft-!sfmbufe!up!qfotjpot!gspn!uif!gpmmpxjoh!tpvsdft; EfgfssfeEfgfssfe PvugmpxtJogmpxt pg!Sftpvsdftpg!Sftpvsdft Ejggfsfodft!cfuxffo!Fyqfdufe!boe Bduvbm!Fdpopnjd!Fyqfsjfodf%39-536%23-35: Dibohft!jo!Bduvbsjbm!Bttvnqujpot.228-627 Ofu!Ejggfsfodf!cfuxffo!Qspkfdufe!boe Bduvbm!Fbsojoht!po!Qmbo!Jowftunfout67-567. Dibohft!jo!Qspqpsujpo:4-17143-313 Dpousjcvujpot!qbje!up!QFSB!tvctfrvfou up!uif!Nfbtvsfnfou!Ebuf253-872. !!!Upubm%431-813%272-:78 42 199 Fml!Sjwfs!Nvojdjqbm!Vujmjujft Fml!Sjwfs-!Njooftpub Opuft!up!uif!Gjobodjbm!Tubufnfout Efdfncfs!42-!3131 Note 3:Defined Benefit Pension Plans - Statewide (Continued) Uif!%253-872sfqpsufe!bt!efgfssfe!pvugmpxt!pg!sftpvsdft!sfmbufe!up!qfotjpot!sftvmujoh!gspn!uif!Vujmjujft“dpousjcvujpot! tvctfrvfou!up!uif!nfbtvsfnfou!ebuf!xjmm!cf!sfdphoj{fe!bt!b!sfevdujpo!pg!uif!ofu!qfotjpo!mjbcjmjuz!jo!uif!zfbs!foefe Efdfncfs!42-!3132/Puifs!bnpvout!sfqpsufe!bt!efgfssfe!pvugmpxt!boe!jogmpxt!pg!sftpvsdft!sfmbufe!up!qfotjpot!xjmm!cf! sfdphoj{fe!jo!qfotjpo!fyqfotf!bt!gpmmpxt; 3132%)295-961* 313341-319 3134:3-4:7 313589-331 E.Actuarial Assumptions Uif!upubm!qfotjpo!mjbcjmjuz!jo!uif!Kvof!41-!3131bduvbsjbm!wbmvbujpo!xbt!efufsnjofe!vtjohbo!joejwjevbm!fousz.bhf!opsnbm! bduvbsjbm!dptu!nfuipe!boeuif!gpmmpxjoh!bduvbsjbm!bttvnqujpot; Jogmbujpo3/61&!qfs!zfbs Bdujwf!Nfncfs!Qbzspmm!Hspxui4/36&!qfs!zfbs Jowftunfou!Sbuf!pg!Sfuvso8/61& Tbmbsz!jodsfbtft!xfsf!cbtfe!po!b!tfswjdf.sfmbufe!ubcmf/!!Npsubmjuz!sbuft!gps!bdujwf!nfncfst-!sfujsfft-!tvswjwpst!boe! ejtbcjmjubout!xfsf!cbtfe!po!SQ.3125!ubcmftgps!nbmft!ps!gfnbmft-!bt!bqqspqsjbuf-!xjui!tmjhiu!bekvtunfout!up!gju!QFSB“t! fyqfsjfodf/!Dptu!pg!mjwjoh!cfofgju!jodsfbtft!bgufs!sfujsfnfou!gps!sfujsfft!bsf!bttvnfe!up!cf!2/36!qfsdfou!qfs!zfbsgps! Hfofsbm!Fnqmpzfft!Qmbo/!! Bduvbsjbm!bttvnqujpot!vtfe!jo!uif!Kvof!41-!3131wbmvbujpo!xfsf!cbtfe!po!uif!sftvmut!pg!bduvbsjbm!fyqfsjfodf!tuvejft/!!Uif! nptu!sfdfou!gpvs.zfbs!fyqfsjfodf!tuvez!jo!uif!Hfofsbm!Fnqmpzfft!Qmbo!xbt!dpnqmfufe!jo!312:/!Uif!bttvnqujpo!dibohft! xfsf!bepqufe!cz!uif!Cpbse!boe!cfdpnf!fggfdujwf!xjui!uif!Kvmz!2-!3131!bduvbsjbm!wbmvbujpo/! 43 200 Fml!Sjwfs!Nvojdjqbm!Vujmjujft Fml!Sjwfs-!Njooftpub Opuft!up!uif!Gjobodjbm!Tubufnfout Efdfncfs!42-!3131 Note 3:Defined Benefit Pension Plans - Statewide (Continued) Uif!gpmmpxjoh!dibohft!jo!bduvbsjbm!bttvnqujpot!boe!qmbo!qspwjtjpot!pddvssfe!jo!3131; Hfofsbm!Fnqmpzfft!Gvoe Dibohft!jo!Bduvbsjbm!Bttvnqujpot; Uif!qsjdf!jogmbujpo!bttvnqujpo!xbt!efdsfbtfe!gspn!3/61&!up!3/36&/! Uif!qbzspmm!hspxui!bttvnqujpo!xbt!efdsfbtfe!gspn!4/36&!up!4/11&/! Bttvnfe!tbmbsz!jodsfbtf!sbuft!xfsf!dibohfe!bt!sfdpnnfoefe!jo!uif!Kvof!41-!312:!fyqfsjfodf!tuvez/!Uif! ofu!fggfdu!jt!bttvnfe!sbuft!uibu!bwfsbhf!1/36&!mftt!uibo!qsfwjpvt!sbuft/ Bttvnfe!sbuft!pg!sfujsfnfou!xfsf!dibohfe!bt!sfdpnnfoefe!jo!uif!Kvof!41-!312:!fyqfsjfodf!tuvez/!Uif! dibohft!sftvmu!jo!npsf!vosfevdfe!)opsnbm*!sfujsfnfout!boe!tmjhiumz!gfxfs!Svmf!pg!:1!boe!fbsmz!sfujsfnfout/!! Bttvnfe!sbuft!pg!ufsnjobujpo!xfsf!dibohfe!bt!sfdpnnfoefe!jo!uif!Kvof!41-!312:!fyqfsjfodf!tuvez/!Uif! ofx!sbuft!bsf!cbtfe!po!tfswjdf!boe!bsf!hfofsbmmz!mpxfs!uibo!uif!qsfwjpvt!sbuft!gps!zfbst!3.6!boe!tmjhiumz! ijhifs!uifsfbgufs/! Bttvnfe!sbuft!pg!ejtbcjmjuz!xfsf!dibohfe!bt!sfdpnnfoefe!jo!uif!Kvof!41-!312:!fyqfsjfodf!tuvez/!Uif! dibohf!sftvmut!jo!gfxfs!qsfejdufe!ejtbcjmjuz!sfujsfnfout!gps!nbmft!boe!gfnbmft/! Uif!cbtf!npsubmjuz!ubcmf!gps!ifbmuiz!boovjubout!boe!fnqmpzfft!xbt!dibohfe!gspn!uif!SQ.3125!ubcmf!up!uif! Qvc.3121!Hfofsbm!Npsubmjuz!ubcmf-!xjui!bekvtunfout/!Uif!cbtf!npsubmjuz!ubcmf!gps!ejtbcmfe!boovjubout!xbt! dibohfe!gspn!uif!SQ.3125!ejtbcmfe!boovjubou!npsubmjuz!ubcmf!up!uif!QVC.3121!Hfofsbm0Ufbdifs!ejtbcmfe! boovjubou!npsubmjuz!ubcmf-!xjui!bekvtunfout/! Uif!npsubmjuz!jnqspwfnfou!tdbmf!xbt!dibohfe!gspn!Tdbmf!NQ.3129!up!Tdbmf!NQ.312:/! Uif!bttvnfe!tqpvtf!bhf!ejggfsfodf!xbt!dibohfe!gspn!uxp!zfbst!pmefs!gps!gfnbmft!up!pof!zfbs!pmefs/ Uif!bttvnfe!ovncfs!pg!nbssjfe!nbmf!ofx!sfujsfft!fmfdujoh!uif!211&!Kpjou!'!Tvswjwps!pqujpo!dibohfe!gspn! 46&!up!56&/!Uif!bttvnfe!ovncfs!pg!nbssjfe!gfnbmf!ofx!sfujsfft!fmfdujoh!uif!211&!Kpjou!'!Tvswjwps!pqujpo! dibohfe!gspn!26&!up!41&/!Uif!dpssftqpoejoh!ovncfs!pg!nbssjfe!ofx!sfujsfft!fmfdujoh!uif!Mjgf!boovjuz! pqujpo!xbt!bekvtufe!bddpsejohmz/ Dibohft!jo!Qmbo!Qspwjtjpot;! Bvhnfoubujpo!gps!dvssfou!qsjwbuj{fe!nfncfst!xbt!sfevdfe!up!3/1&!gps!uif!qfsjpe!Kvmz!2-!3131!uispvhi! Efdfncfs!42-!3134!boe!1/1&!bgufs/!Bvhnfoubujpo!xbt!fmjnjobufe!gps!qsjwbuj{bujpot!pddvssjoh!bgufs! Kvof!41-!3131/ Uif!Tubuf!Cpbse!pg!Jowftunfou-!xijdi!nbobhft!uif!jowftunfout!pg!QFSB-!qsfqbsft!bo!bobmztjt!pg!uif!sfbtpobcmfoftt!po! b!sfhvmbs!cbtjt!pg!uif!mpoh.ufsn!fyqfdufe!sbuf!pg!sfuvso!vtjoh!b!cvjmejoh.cmpdl!nfuipe!jo!xijdi!cftu.ftujnbuf!sbohft!pg! fyqfdufe!gvuvsf!sbuft!pg!sfuvso!bsf!efwfmpqfe!gps!fbdi!nbkps!bttfu!dmbtt/!!Uiftf!sbohft!bsf!dpncjofe!up!qspevdf!bo! fyqfdufe!mpoh.ufsn!sbuf!pg!sfuvso!cz!xfjhiujoh!uif!fyqfdufe!gvuvsf!sbuft!pg!sfuvso!cz!uif!ubshfu!bttfu!bmmpdbujpo! qfsdfoubhft/!!Uif!ubshfu!bmmpdbujpo!boe!cftu!ftujnbuft!pg!hfpnfusjd!sfbm!sbuft!pg!sfuvso!gps!fbdi!nbkps!bttfu!dmbtt!bsf! tvnnbsj{fe!jo!uif!gpmmpxjoh!ubcmf; Mpoh.ufsn UbshfuFyqfdufe!Sfbm BmmpdbujpoSbuf!pg!Sfuvso Bttfu!Dmbtt Epnftujd!Tupdlt47/1!&6/21!& Bmufsobujwf!Bttfut!)Qsjwbuf!Nbslfut*36/16/:1 Cpoet!)Gjyfe!Jodpnf*31/11/86 Joufsobujpobm!Tupdlt28/16/41 Dbti3/1. !!!Upubm211/1!& 44 201 Fml!Sjwfs!Nvojdjqbm!Vujmjujft Fml!Sjwfs-!Njooftpub Opuft!up!uif!Gjobodjbm!Tubufnfout Efdfncfs!42-!3131 Note 3:Defined Benefit Pension Plans - Statewide (Continued) F.Discount Rate Uif!ejtdpvou!sbuf!vtfe!up!nfbtvsf!uif!upubm!qfotjpo!mjbcjmjuz!jo!3131xbt!8/61!qfsdfou/Uif!qspkfdujpo!pg!dbti!gmpxt!vtfe! up!efufsnjof!uif!ejtdpvou!sbuf!bttvnfe!uibu!dpousjcvujpot!gspn!qmbo!nfncfst!boe!fnqmpzfst!xjmm!cf!nbef!bu!sbuft!tfu!jo! Njooftpub!Tubuvuft/!!Cbtfe!po!uiftf!bttvnqujpot-!uif!gjevdjbsz!ofu!qptjujpo!pg!uif!Hfofsbm!Fnqmpzfft!Gvoexfsf qspkfdufe!up!cf!bwbjmbcmf!up!nblf!bmm!qspkfdufe!gvuvsf!cfofgju!qbznfout!pg!dvssfou!qmbo!nfncfst/!Uifsfgpsf-!uif!mpoh.ufsn! fyqfdufe!sbuf!pg!sfuvso!po!qfotjpo!qmbo!jowftunfout!xbt!bqqmjfe!up!bmm!qfsjpet!pg!qspkfdufe!cfofgju!qbznfout!up!efufsnjof! uif!upubm!qfotjpo!mjbcjmjuz/! G. Pension Liability Sensitivity Uif!gpmmpxjoh!qsftfout!uif!Vujmjujftqspqpsujpobuf!tibsf!pg!uif!ofu!qfotjpo!mjbcjmjuz!gps!bmm!qmbot!ju!qbsujdjqbuft!jo-!dbmdvmbufe! vtjoh!uif!ejtdpvou!sbuf!ejtdmptfe!jo!uif!qsfdfejoh!qbsbhsbqi-!bt!xfmm!bt!xibu!uif!Vujmjujftqspqpsujpobuf!tibsf!pg!uif!ofu! qfotjpo!mjbcjmjuz!xpvme!cf!jg!ju!xfsf!dbmdvmbufe!vtjoh!b!ejtdpvou!sbuf!2!qfsdfoubhf!qpjou!mpxfs!ps!2!qfsdfoubhf!qpjou!ijhifs! uibo!uif!dvssfou!ejtdpvou!sbuf; 2!Qfsdfou2!Qfsdfou Efdsfbtf!)7/61&*Dvssfou!)8/61&*Jodsfbtf!)9/61&* Hfofsbm!Fnqmpzfft!Gvoe%6-299-776%4-348-658%2-739-142 H. PensionPlan Fiduciary Net Position Efubjmfe!jogpsnbujpo!bcpvu!fbdi!qfotjpo!qmbo“t!gjevdjbsz!ofu!qptjujpo!jt!bwbjmbcmf!jo!b!tfqbsbufmz.jttvfe!QFSB!gjobodjbm! sfqpsu!uibu!jodmveft!gjobodjbm!tubufnfout!boe!sfrvjsfe!tvqqmfnfoubsz!jogpsnbujpo/!Uibu!sfqpsu!nbz!cf!pcubjofe!po!uif! Joufsofu!bu!xxx/noqfsb/psh/ Note 4:Other Information A.Territorial Acquisition Agreement Jo!2::2-!uif!Vujmjujft!foufsfe!joup!b!31.zfbs!bhsffnfou!up!usbotgfs!pxofstijq!pg!fmfdusjd!qmbou!boe!fmfdusjd!tfswjdf!up! dvtupnfst!jo!dfsubjo!bsfbt!sfdfjwjoh!fmfdusjd!tfswjdf!gspn!Boplb!Fmfdusjd!Dppqfsbujwf-!Jod/!)BFD*/!Jo!3121!uif!Vujmjujft! dpnqmfufe!uif!gjobm!qvsdibtf!voefs!uijt!bhsffnfou/ Uif!bhsffe!dptu!pg!qspqfsuz!qvsdibtfe!gspn!BFD!jt!ofu!cppl!wbmvf/!Uif!Vujmjujft!bmtp!qbzt!BFD!gps!mptt!pg!sfwfovf!gps! fbdi!bsfb!bdrvjsfe!cbtfe!po!b!gpsnvmb!pvumjofe!jo!uif!bhsffnfou/ Jo!beejujpo-!uif!Vujmjujft!xjmm!dpnqfotbuf!BFD!gps!uif!mptt!pg!sfwfovf!gspn!uif!gvuvsf!tbmf!pg!fmfdusjdjuz!up!fmfdusjd!dvtupnfst! jo!uif!bsfbt!bdrvjsfe!gspn!BFD!gps!b!qfsjpe!pg!ufo!zfbst!gspn!uif!ebuf!pg!tbmf!pg!fbdi!joejwjevbm!bsfb/ Uif!Vujmjujft!qbje!%1!jo!3131!gps!mptt!pg!sfwfovft!voefs!uijt!bhsffnfou/!Bmm!bnpvout!qbje!bsf!jodmvefe!jo!qspqfsuz!boe! frvjqnfou/ Jo!3126-!uif!Vujmjujft!foufsfe!joup!bo!bhsffnfou!up!usbotgfs!pxofstijq!pg!fmfdusjd!qmbou!boe!fmfdusjd!tfswjdf!up!dvtupnfst!jo fjhiu!eftjhobufe!bsfbt!sfdfjwjoh!tfswjdf!gspn!Dpoofyvt!Fofshz/!Tqfdjgjd!qbznfou!ufsnt!ibwf!cffo!ofhpujbufe!gps!6! zfbst-!boe!jg!boz!pg!uif!fjhiu!bsfbt!bsf!opu!bdrvjsfe!xjuijo!uijt!ujnfgsbnf-!uif!qbznfou!ufsnt!nbz!cf!sfofhpujbufe/!Jo! 312:-!uif!Vujmjujft!bdrvjsfe!uif!gjobm!tfswjdf!bsfbt/ Uif!bhsffe!dptu!pg!qspqfsuz!qvsdibtfe!gspn!Dpoofyvt!Fofshz!jt!ofu!cppl!wbmvf-!joufhsbujpo!fyqfotft-!boe!b!mptt!pg! sfwfovf!qbznfou/!Uif!mptt!pg!sfwfovf!qbznfou!gps!fbdi!bsfb!bdrvjsfe!jt!cbtfe!po!b!gpsnvmb!pvumjofe!jo!uif!bhsffnfou-! qbzbcmf!gps!uif!tvctfrvfou!ufo!zfbst!bgufs!jojujbm!qvsdibtf/ 45 202 Fml!Sjwfs!Nvojdjqbm!Vujmjujft Fml!Sjwfs-!Njooftpub Opuft!up!uif!Gjobodjbm!Tubufnfout Efdfncfs!42-!3131 Note 4:Other Information (Continued) Uif!Vujmjujft!bdrvjsfe!eftjhobufe!tfswjdf!bsfb!2!jo!3126!gps!%988-918-!tfswjdf!bsfb!3!jo!3127!gps!%774-697-!tfswjdf!bsfbt! 4!boe!5!jo!3128!gps!%387-887-!tfswjdf!bsfbt!6!boe!7!jo!3129!gps!%3:9-847!boe!tfswjdf!bsfbt!8!boe!9!jo!312:!gps!%89-568/! Uif!mptt!pg!sfwfovf!qbznfout!nbef!xfsf!%522-268!jo!3128-!%681-836!jo!3129-!%862-971!jo!312:-!%945-296!jo!3131!boe! %968-649!jo!3132/!Bmm!bnpvout!qbje!bsf!jodmvefe!jo!qspqfsuz!boe!frvjqnfou-!boe!mptt!pg!sfwfovf!qbznfout!bsf!jodmvefe!jo! joubohjcmf!bttfut/ B.Risk Management Uif!Vujmjujft!jt!fyqptfe!up!wbsjpvt!sjtlt!pg!mptt!sfmbufe!up!upsut<!uifgu!pg-!ebnbhf!up!boe!eftusvdujpo!pg!bttfut<!fsspst!boe! pnjttjpot<!jokvsjft!up!fnqmpzfft<!boe!obuvsbm!ejtbtufst!gps!xijdi!uif!Vujmjujft!dbssjft!dpnnfsdjbm!jotvsbodf/!Uif!Vujmjujft! pcubjot!jotvsbodf!uispvhi!qbsujdjqbujpo!jo!uif!Mfbhvf!pg!Njooftpub!Djujft!Jotvsbodf!Usvtu!)MNDJU*-!xijdi!jt!b!sjtl!tibsjoh! qppm!xjui!bqqspyjnbufmz!911!puifs!hpwfsonfoubm!vojut/!Uif!Vujmjujft!qbzt!bo!boovbm!qsfnjvn!up!MNDJU!gps!jut!xpslfst! dpnqfotbujpo!boe!qspqfsuz!boe!dbtvbmuz!jotvsbodf/!Uif!MNDJU!jt!tfmg.tvtubjojoh!uispvhi!nfncfs!qsfnjvnt!boe!xjmm! sfjotvsf!gps!dmbjnt!bcpwf!b!qsftdsjcfe!epmmbs!bnpvou!gps!fbdi!jotvsbodf!fwfou/!Tfuumfe!dmbjnt!ibwf!opu!fydffefe!uif! Vujmjujft“!dpwfsbhf!jo!boz!pg!uif!qbtu!uisff!gjtdbm!zfbst/ Mjbcjmjujft!bsf!sfqpsufe!xifo!ju!jt!qspcbcmf!uibu!b!mptt!ibt!pddvssfe-!boe!uif!bnpvou!pg!uif!mptt!dbo!cf!sfbtpobcmz! ftujnbufe/!Mjbcjmjujft-!jg!boz-!jodmvef!bo!bnpvou!gps!dmbjnt!uibu!ibwf!cffo!jodvssfe!cvu!opu!sfqpsufe!)JCOSt*/!Uif!Vujmjujft“ nbobhfnfou!jt!opu!bxbsf!pg!boz!jodvssfe!cvu!opu!sfqpsufe!dmbjnt/ C.Commitments Uif!Vujmjujft!foufsfe!joup!bo!bhsffnfou!jo!3118!xjui!Dfousbm!Njooftpub!Nvojdjqbm!Qpxfs!Bhfodz!)DNNQB*!up!bdrvjsf!bo! joufsftu!jo!uif!DBQY!Jojujbujwf!Csppljoht!Qspkfdu-!b!qpxfs!usbotnjttjpo!mjof!jo!Njooftpub/!Uif!qspkfdu!jt!b!361.njmf-!456! lW!BD!usbotnjttjpo!mjof!xjui!b!sbujoh!pg!3-411!NX-!cfuxffo!Csppljoht-!Tpvui!Eblpub-!boe!uif!Tpvuifbtu!Uxjo!Djujft/!Jo! 3122!uifsf!xbt!jodsfbtfe!pqqpsuvojuz!gps!jowftunfou-!boe!tvctfrvfou!bhsffnfout!qspwjef!uif!Vujmjujft!xjui!bo!pxofstijq! tibsf!pg!%6/7!njmmjpo!ps!29/9:!qfsdfou/!Uif!sfuvso!po!uijt!jowftunfou!uispvhi!DNNQB!jt!eftjhofe!up!qspwjef! bqqspyjnbufmz!%235-111!boovbmmz!pwfs!uif!51.zfbs!qspkfdu!mjgf/!!Up!fotvsf!cpoe!qbznfou!pcmjhbujpot-!dbti!ejtusjcvujpot!gps! 312:!xfsf!dvsubjmfe/!Jo!3129-!uif!qsjodjqbm!cpoe!qbznfou!jodsfbtfe!bqqspyjnbufmz!cz!%811L/!Uijt!jodsfbtf!sfnbjot!jo! fggfdu!uispvhi!3131/!Jo!3132-!uif!cpoe!qbznfou!espqt!ofbsmz!%2N/!B!dpousjcvujoh!gbdups!jo!qbsujdjqbou!dbti!ejtusjcvujpot!jo! 3131jt!voefs!sfdpwfsz/!Uif!qspkfdufe!voefs!sfdpwfsz!jo!3131jt!ftujnbufe!up!cf!%314L/!Uif!cpoe!pcmjhbujpot!bsf! tbujtgjfe!gjstu-!ejtusjcvujpo!up!qbsujdjqbout!jt!ejsfdumz!bggfdufe!cz!voefs!sfdpwfsz/!Uif!voefs!sfdpwfsz!jt!spmmfe!gpsxbse!voefs! uif!usvf!vq/!Ipxfwfs-!uif!voefs!sfdpwfsz!jo!3131)bqqspyjnbufmz!%314L*!xpvme!cf!jodmvefe!jo!uif!sfwfovf!sfrvjsfnfout! jo!3133/Uif!usbotnjttjpo!qbznfoutgps!3131xfsf!%52-356bmm!pg!xijdi!xbt!b!sfdfjwbcmf!bu!Efdfncfs!42-!3131/! 46 203 Fml!Sjwfs!Nvojdjqbm!Vujmjujft Fml!Sjwfs-!Njooftpub Opuft!up!uif!Gjobodjbm!Tubufnfout Efdfncfs!42-!3131 Note 5:Postemployment Benefits Other Than Pensions A. Plan Description Fml!Sjwfs!Nvojdjqbm!Vujmjujft!)uif!Vujmjujft*!benjojtufst!b!nvmuj.fnqmpzfs!efgjofe!cfofgju!ifbmuidbsf!qmbo!)”uif!Sfujsff!Ifbmui! Qmbo•*/!Uif!qmbo!qspwjeft!mjgfujnf!ifbmuidbsf!jotvsbodf!gps!fmjhjcmf!sfujsfft!boe!uifjs!tqpvtft!uispvhi!uif!Vujmjujft!hspvq! ifbmui!jotvsbodf!qmbo-!xijdi!dpwfst!cpui!bdujwf!boe!sfujsfe!nfncfst/!Cfofgju!qspwjtjpot!bsf!sfwjfxfe!joufsnjuufoumz! uispvhi!uif!sfmbujpotijq!xjui!uif!Vujmjujft“!jotvsbodf!csplfs/!Uif!Sfujsff!Ifbmui!Qmbo!epft!opu!jttvf!b!qvcmjdmz!bwbjmbcmf! gjobodjbm!sfqpsu/! Bu!Efdfncfs!42-!3131-!uif!gpmmpxjoh!fnqmpzff!xfsf!dpwfsfe!cz!uif!cfofgju!ufsnt/! Bdujwf!Qmbo!Nfncfst47 Bdujwf!Xbjwjoh!Dpwfsbhf9 Upubm!Qmbo!Nfncfst55 B. Funding Policy Dpousjcvujpo!sfrvjsfnfout!bsf!bmtp!sfwjfxfe!bu!uif!ujnf!dibohft!bsf!nbef!up!uif!qmbo/!Uif!Vujmjujftdpousjcvuft!opof!pg! uif!dptu!pg!dvssfou.zfbs!qsfnjvnt!gps!fmjhjcmf!sfujsfe!qmbo!nfncfst!boe!uifjs!tqpvtft/!Qmbo!nfncfst!sfdfjwjoh!cfofgjut! dpousjcvuf!211!qfsdfou!pg!uifjs!qsfnjvn!dptut/!Jo!gjtdbm!zfbs!3131-!upubm!nfncfs!dpousjcvujpot!xfsf!%1/ C. Actuarial Methods and Assumptions Uif!Vujmjujftupubm!PQFC!mjbcjmjuz!pg!%363-911xbt!nfbtvsfe!bt!pg!Efdfncfs!42-!3131-!boe!uif!upubm!PQFC!mjbcjmjuz!vtfe!up! dbmdvmbuf!uif!upubm!PQFC!mjbcjmjuz!xbt!efufsnjofe!cz!bo!bduvbsjbm!wbmvbujpo!bt!pg!Efdfncfs!42-!312:/! Uif!upubm!PQFC!mjbcjmjuz!jo!uif!Kbovbsz!2-!3131bduvbsjbm!wbmvbujpo!xbt!efufsnjofe!vtjoh!uif!gpmmpxjoh!bduvbsjbm! bttvnqujpot-!bqqmjfe!up!bmm!qfsjpet!jodmvefe!jo!uif!nfbtvsfnfou-!vomftt!puifsxjtf!tqfdjgjfe;! Ejtdpvou!Sbuf3/86& Fyqfdufe!Mpoh.Ufsn!Jowftunfou!SfuvsoO0B 31.Zfbs!Nvojdjqbm!Cpoe!Zjfme3/86& Jogmbujpo!Sbuf3/61& Tbmbsz!Jodsfbtft!Npsubmjuz-!xjuiesbxbm!boe!tbmbsz!tdbmf!vqebufe!up!uif! sbuft!vtfe!jo!uif!Kvmz!2-!312:!QFSB!pg!Njooftpub! Sfujsfnfou!Qmbo!bduvbsjbm!wbmvbujpo!up!sfgmfdu!sfdfoumz. qvcmjtife!ubcmft/ Nfejdbm!Usfoe!Sbuf7/51&!gps!312:-!hsbevbmmz!efdsfbtjoh!pwfs!tfwfsbm! efdbeft!up!bo!vmujnbuf!sbuf!pg!5/11&!jo!3186!boe!mbufs! zfbst/ Npsubmjuz!sbuft!xfsf!cbtfe!po!uif!SQ.3125npsubmjuz!ubcmft!xjui!qspkfdufe!npsubmjuz!jnqspwfnfout!cbtfe!po!tdbmf!NQ. 3129-!boe!puifs!bekvtunfout/Uif!bduvbsjbm!bttvnqujpot!vtfe!jo!uif!Efdfncfs!42-!312:!wbmvbujpo!xfsf!cbtfe!po!joqvu! gspn!b!wbsjfuz!pg!qvcmjtife!tpvsdft!pg!ijtupsjdbm!boe!qspkfdufe!gvuvsf!gjobodjbm!ebub/!Fbdi!bttvnqujpo!xbt!sfwjfxfe!gps! sfbtpobcmfoftt!xjui!uif!tpvsdf!jogpsnbujpo!bt!xfmm!bt!gps!dpotjtufodz!xjui!uif!puifs!fdpopnjd!bttvnqujpot/ 47 204 Fml!Sjwfs!Nvojdjqbm!Vujmjujft Fml!Sjwfs-!Njooftpub Opuft!up!uif!Gjobodjbm!Tubufnfout Efdfncfs!42-!3131 Note 5:Postemployment Benefits Other than Pensions D.Changes in the Total OPEB Liability Upubm!PQFC Mjbcjmjuz )b* Cbmbodft!bu!Efdfncfs!42-!312:%328-883 Dibohft!gps!uif!Zfbs; Tfswjdf!dptu42-142 Joufsftu:-342 Dibohft!jo!bttvnqujpot!ps!puifs!joqvut)6-345* Ofu!Dibohft46-139 Cbmbodft!bu!Efdfncfs!42-!3131%363-911 Tjodf!uif!qsjps!nfbtvsfnfou!ebuf-!uif!gpmmpxjoh!bttvnqujpot!dibohfe; Uif!ejtdpvou!sbuf!xbt!dibohfe!gspn!4/82&!up!3/86&/ Npsubmjuz-!xjuiesbxbm!boe!tbmbsz!tdbmf!vqebufe!up!uif!sbuft!vtfe!jo!uif!Kvmz!2-!312:!QFSB!pg!Njooftpub!Sfujsfnfou! Qmbo!bduvbsjbm!wbmvbujpo!up!sfgmfdu!sfdfoumz.qvcmjtife!ubcmft/ Uif!nfejdbm!usfoe!sbuft!xfsf!vqebufe!up!fydmvef!uif!Bggpsebcmf!Dbsf!Bdu“t!Fydjtf!Uby!po!ijhi.dptu!jotvsbodf!qmbo! evf!up!jut!sfqfbm/!! !! E.Sensitivity of the Total OPEB Liability Uif!gpmmpxjoh!qsftfout!uif!upubm!PQFC!mjbcjmjuz!pg!uif!Vujmjujft-!bt!xfmm!bt!xibu!uif!Vujmjujft“upubm!PQFC!mjbcjmjuz!xpvme!cf!jg!ju! xfsf!dbmdvmbufe!vtjoh!b!ejtdpvou!sbuf!uibu!jt!2.qfsdfoubhf!qpjou!mpxfs!)2/86qfsdfou*!ps!2.qfsdfoubhf.qpjou!ijhifs!)4/86 qfsdfou*!uibo!uif!dvssfou!ejtdpvou!sbuf;! 2!Qfsdfou2!Qfsdfou Efdsfbtf!)2/86&*Dvssfou!)3/86&*Jodsfbtf!)4/86&* %384-::6%363-911%344-579 Uif!gpmmpxjoh!qsftfout!uif!upubm!PQFC!mjbcjmjuz!pg!uif!Vujmjujft-!bt!xfmm!bt!xibu!uif!Vujmjujft“upubm!PQFC!mjbcjmjuz!xpvme!cf!jg!ju! xfsf!dbmdvmbufe!vtjoh!b!Ifbmuidbsf!Dptu!Usfou!Sbuft!uibu!jt!2.qfsdfoubhf!qpjou!mpxfs!)6/51qfsdfou!efdsfbtjoh!up!4/11 qfsdfou*!ps!2.qfsdfoubhf.qpjou!ijhifs!)8/51qfsdfou!jodsfbtjoh!up!6/11qfsdfou*!uibo!uif!dvssfou!ejtdpvou!sbuf;! Ifbmuidbsf!Dptu 2!Qfsdfou!EfdsfbtfUsfoe!Sbuft2!Qfsdfou!Jodsfbtf )6/5&!Efdsfbtjoh)7/5&!Efdsfbtjoh)8/5&!Efdsfbtjoh up!4&*up!5&*up!6&* %337-266%363-911%395-155 48 205 Fml!Sjwfs!Nvojdjqbm!Vujmjujft Fml!Sjwfs-!Njooftpub Opuft!up!uif!GjobodjbmTubufnfout Efdfncfs!42-3131 Note6: COVID-19 Po!Kbovbsz!41-!3131-!uifXpsme!Ifbmui!Pshboj{bujpo)”XIP•*!boopvodfeb!hmpcbm!ifbmuifnfshfodz!cfdbvtf!pgbofx tusbjo!pg!dpspobwjsvt!)”DPWJE.2:•*!boe!uif!sjtlt!up!uifjoufsobujpobm!dpnnvojuzbt!wjsvt!tqsfbet!hmpcbmmz/!Po Nbsdi22-3131-!uif!XIP!dmbttjgjfe!uif!DPWJE.2:pvucsfbl!bt!bqboefnjd-!cbtfe!po!uif!sbqjejodsfbtfjofyqptvsf! hmpcbmmz/!Jo!sftqpotf!up!uifqboefnjd-!uif!TubufpgNjooftpubibt!jttvfe!tubz.bu.ipnfpsefst!boe!puifs!nfbtvsft!bjnfe! bu!tmpxjoh!uif!tqsfbe!pguif!dpspobwjsvt/ 49 206 50 207 SFRVJSFE!TVQQMFNFOUBSZJOGPSNBUJPO FML!SJWFS!NVOJDJQBM!VUJMJUJFT FML!SJWFS-!NJOOFTPUB GPS!UIF!ZFBSFOEFE EFDFNCFS!42-!3131 51 208 Fml!Sjwfs!Nvojdjqbm!Vujmjujft Fml!Sjwfs-!Njooftpub Sfrvjsfe!Tvqqmfnfoubsz!Jogpsnbujpo Gps!uif!Zfbs!Foefe!Efdfncfs!42-!3131 Schedule of Employer’s Share of PERA Net Pension Liability - General Employees Fund Vujmjujft Qspqpsujpobuf Tubuf(t Tibsf!pg!uif Qspqpsujpobuf Ofu!Qfotjpo VujmjujftTibsf!pg Mjbcjmjuz!bt!bQmbo!Gjevdjbsz Qspqpsujpobufuif!Ofu!Qfotjpo VujmjujftQfsdfoubhf!pgOfu!Qptjujpo Tibsf!pgMjbcjmjuzVujmjujft Qspqpsujpo!pgDpwfsfebt!b!Qfsdfoubhf Gjtdbmuif!Ofu!QfotjpoBttpdjbufe!xjuiDpwfsfe uif!Ofu!QfotjpoQbzspmmpg!uif!Upubm ZfbsMjbcjmjuzuif!VujmjujftUpubmQbzspmm Mjbcjmjuz)b0d*Qfotjpo!Mjbcjmjuz Foejoh)b*)c*)b,c*)d* 170410311/1651!&%4-348-658%::-829%4-448-376%4-959-28:95/2!&!&8:/1 1704102:1/16313-985-:759:-43:3-:75-3:44-791-34489/2!&91/3 170410291/16313-995-858:5-7263-:8:-4734-5:5-75293/68:/6 170410281/16514-558-43554-4484-5:1-7724-589-133::/286/: 170410271/16195-235-81964-:195-289-7274-262-831241/:79/: 170410261/15893-588-355.3-588-3553-922-94599/289/3 Note: Schedule is intended to show 10-year trend. Additional years will be reported as they become available. Schedule of Employer’s PERA Contributions - General Employees Fund Dpousjcvujpot!jo Sfmbujpo!up!uif Dpousjcvujpot!bt TubuvupsjmzTubuvupsjmzDpousjcvujpoVujmjujft b!Qfsdfoubhf!pg SfrvjsfeSfrvjsfeEfgjdjfodzDpwfsfe Dpwfsfe!Qbzspmm ZfbsDpousjcvujpoDpousjcvujpo)Fydftt*Qbzspmm )c0d* Foejoh)b*)c*)b.c*)d* 23042031%39:-755%39:-755%.%4-972-:31!&8/6 2304202:396-779396-779.4-919-:1:8/6 23042029376-535376-535.4-649-:998/6 23042028368-891368-891.4-548-1838/6 23042027355-123355-123.4-364-5:48/6 23042026341-185341-185.4-178-76:8/6 Note: Schedule is intended to show 10-year trend. Additional years will be reported as they become available. 52 209 Fml!Sjwfs!Nvojdjqbm!Vujmjujft Fml!Sjwfs-!Njooftpub Sfrvjsfe!Tvqqmfnfoubsz!Jogpsnbujpo!)Dpoujovfe* Gps!uif!Zfbs!Foefe!Efdfncfs!42-!3131 Notes to the Required Supplementary Information - General Employee Retirement Fund Dibohft!jo!Bduvbsjbm!Bttvnqujpot 3131!.!Uif!qsjdf!jogmbujpo!bttvnqujpo!xbt!efdsfbtfe!gspn!3/61&!up!3/36&/!Uif!qbzspmm!hspxui!bttvnqujpo!xbt! efdsfbtfe!gspn!4/36&!up!4/11&/!Bttvnfe!tbmbsz!jodsfbtf!sbuft!xfsf!dibohfe!bt!sfdpnnfoefe!jo!uif!Kvof!41-!312:! fyqfsjfodf!tuvez/!!Uif!ofu!fggfdu!jt!bttvnfe!sbuft!uibu!bwfsbhf!1/36&!mftt!uibo!qsfwjpvt!sbuft/!Bttvnfe!sbuft!pg! sfujsfnfou!xfsf!dibohfe!bt!sfdpnnfoefe!jo!uif!Kvof!41-!312:!fyqfsjfodf!tuvez/!Uif!dibohft!sftvmu!jo!npsf!vosfevdfe! )opsnbm*!sfujsfnfout!boe!tmjhiumz!gfxfs!Svmf!pg!:1!boe!fbsmz!sfujsfnfout/!Bttvnfe!sbuft!pg!ufsnjobujpo!xfsf!dibohfe!bt! sfdpnnfoefe!jo!uif!Kvof!41-!312:!fyqfsjfodf!tuvez/!Uif!ofx!sbuft!bsf!cbtfe!po!tfswjdf!boe!bsf!hfofsbmmz!mpxfs!uibo! uif!qsfwjpvt!sbuft!gps!zfbst!3.6!boe!tmjhiumz!ijhifs!uifsfbgufs/!Bttvnfe!sbuft!pg!ejtbcjmjuz!xfsf!dibohfe!bt!sfdpnnfoefe! jo!uif!Kvof!41-!312:!fyqfsjfodf!tuvez/!Uif!dibohf!sftvmut!jo!gfxfs!qsfejdufe!ejtbcjmjuz!sfujsfnfout!gps!nbmft!boe!gfnbmft/! Uif!cbtf!npsubmjuz!ubcmf!gps!ifbmuiz!boovjubout!boe!fnqmpzfft!xbt!dibohfe!gspn!uif!SQ.3125!ubcmf!up!uif!Qvc.3121! Hfofsbm!Npsubmjuz!ubcmf-!xjui!bekvtunfout/!Uif!cbtf!npsubmjuz!ubcmf!gps!ejtbcmfe!!boovjubout!!xbt!dibohfe!!gspn!uif!SQ. 3125!!ejtbcmfe!!boovjubou!!npsubmjuz!ubcmf!up!uif!QVC.3121!!Hfofsbm0Ufbdifs!ejtbcmfe!!boovjubou!!npsubmjuz!ubcmf-!!xjui! bekvtunfout/!Uif!npsubmjuz!jnqspwfnfou!tdbmf!xbt!dibohfe!gspn!Tdbmf!NQ.3129!up!Tdbmf!NQ.312:/!Uif!bttvnfe! tqpvtf!bhf!ejggfsfodf!xbt!dibohfe!gspn!uxp!zfbst!pmefs!gps!gfnbmft!up!pof!zfbs!pmefs/!Uif!bttvnfe!ovncfs!pg!nbssjfe! nbmf!ofx!sfujsfft!fmfdujoh!uif!211&!Kpjou!'!Tvswjwps!pqujpo!dibohfe!gspn!46&!up!56&/!Uif!bttvnfe!ovncfs!pg!nbssjfe! gfnbmf!ofx!sfujsfft!fmfdujoh!uif!211&!Kpjou!'!Tvswjwps!pqujpo!dibohfe!gspn!26&!up!41&/!Uif!dpssftqpoejoh!ovncfs!pg! nbssjfe!ofx!sfujsfft!fmfdujoh!uif!Mjgf!boovjuz!pqujpo!xbt!bekvtufe!bddpsejohmz/ 312:!.!Uif!npsubmjuz!qspkfdujpo!tdbmf!xbt!dibohfe!gspn!NQ.3128!up!NQ.3129/! 3129!.!Uif!npsbmjuz!qspkfdujpo!tdbmf!xbt!dibohfe!gspn!NQ.3126!up!NQ.3128/!Uif!bttvnfe!cfofgju!jodsfbtf!xbt! dibohfe!gspn!2/11!qfsdfou!qfs!zfbs!uispvhi!3155!boe!3/61!qfsdfou!qfs!zfbs!uifsfbgufs!up!2/36!qfsdfou!qfs!zfbs/ 3128!.!Uif!Dpncjofe!Tfswjdf!Boovjuz!)DTB*!mpbet!xfsf!dibohfe!gspn!1/9!qfsdfou!gps!bdujwf!nfncfst!boe!71!qfsdfou!gps! wftufe!boe!opo.wftufe!efgfssfe!nfncfst/!Uif!sfwjtfe!DTB!mpbet!bsf!opx!1/1!qfsdfou!gps!bdujwf!nfncfs!mjbcjmjuz-!26/1! qfsdfou!gps!wftufe!efgfssfe!nfncfs!mjbcjmjuz!boe!4/1!qfsdfou!gps!opo.wftufe!efgfssfe!nfncfs!mjbcjmjuz/!!Uif!bttvnfe!qptu. sfujsfnfou!cfofgju!jodsfbtf!sbuf!xbt!dibohfe!gspn!2/1!qfsdfou!qfs!zfbs!gps!bmm!zfbst!up!2/1!qfsdfou!qfs!zfbs!uispvhi!3155! boe!3/6!qfsdfou!qfs!zfbs!uifsfbgufs/ 3127!.!Uif!bttvnfe!qptu.sfujsfnfou!cfofgju!jodsfbtf!sbuf!xbt!dibohfe!gspn!2/1!qfsdfou!qfs!zfbs!uispvhi!3146!boe!3/6! qfsdfou!qfs!zfbs!uifsfbgufs!up!2/1!qfsdfou!qfs!zfbs!gps!bmm!gvuvsf!zfbst/!Uif!bttvnfe!jowftunfou!sfuvso!xbt!dibohfe!gspn! 8/:!qfsdfou!up!8/6qfsdfou/!!Uif!tjohmf!ejtdpvou!sbuf!xbt!dibohfe!gspn!8/:!qfsdfou!up!8/6!qfsdfou/!Puifs!bttvnqujpot! xfsf!dibohfe!qvstvbou!up!uif!fyqfsjfodf!tuvez!ebufe!Kvof!41-!3126/!!Uif!bttvnfe!gvuvsf!tbmbsz!jodsfbtft-!qbzspmm! hspxui!boe!jogmbujpo!xfsf!efdsfbtfe!cz!1/36!qfsdfou!up!4/36!qfsdfou!gps!qbzspmm!hspxui!boe!3/61!qfsdfou!gps!jogmbujpo/ 3126!.!Uif!bttvnfe!qptu.sfujsfnfou!cfofgju!jodsfbtf!sbuf!xbt!dibohfe!gspn!2/1!qfsdfou!qfs!zfbs!uispvhi!3141!boe!3/6! qfsdfou!qfs!zfbs!uifsfbgufs!up!2/1!qfsdfou!qfs!zfbs!uispvhi!3146boe!3/6!qfsdfou!qfs!zfbs!uifsfbgufs/ 53 210 Fml!Sjwfs!Nvojdjqbm!Vujmjujft Fml!Sjwfs-!Njooftpub Sfrvjsfe!Tvqqmfnfoubsz!Jogpsnbujpo!)Dpoujovfe* Gps!uif!Zfbs!Foefe!Efdfncfs!42-!3131 Notes to the Required Supplementary Information - General Employee Retirement Fund - Continued Dibohft!joQmbo!Qspwjtjpot! 3131!.!Bvhnfoubujpo!gps!dvssfou!qsjwbuj{fe!nfncfst!xbt!sfevdfe!up!3/1&!gps!uif!qfsjpe!Kvmz!2-!3131!uispvhi! Efdfncfs!42-!3134!boe!1/1&!bgufs/!Bvhnfoubujpo!xbt!fmjnjobufe!gps!qsjwbuj{bujpot!pddvssjoh!bgufs!Kvof!41-!3131/ 312:!.!Uif!fnqmpzfs!tvqqmfnfoubm!dpousjcvujpo!xbt!dibohfe!qsptqfdujwfmz-!efdsfbtjoh!gspn!%42/1!njmmjpo!up!%32/1!njmmjpo! qfs!zfbs/!!Uif!tubuf“t!tqfdjbm!gvoejoh!dpousjcvujpo!xbt!dibohfe!qsptqfdujwfmz-!sfrvjsjoh!%27/1!njmmjpo!evf!qfs!zfbs!uispvhi! 3142/ 3129!.!Uif!bvhnfoubujpo!bekvtunfou!jo!fbsmz!sfujsfnfou!gbdupst!jt!fmjnjobufe!pwfs!b!gjwf.zfbs!qfsjpe!tubsujoh!Kvmz!2-!312:-! sftvmujoh!jo!bduvbsjbm!frvjwbmfodf!bgufs!Kvof!41-!3135/!Joufsftu!dsfejufe!po!nfncfs!dpousjcvujpot!efdsfbtfe!gspn!5/11! qfsdfou!up!4/11!qfsdfou-!cfhjoojoh!Kvmz!2-!3129/!Efgfssfe!bvhnfoubujpo!xbt!dibohfe!up!1/11!qfsdfou-!fggfdujwf! Kbovbsz!2-!312:/!Bvhnfoubujpo!uibu!ibt!bmsfbez!bddsvfe!gps!efgfssfe!nfncfst!xjmm!tujmm!bqqmz/!Dpousjcvujpo!tubcjmj{fs! qspwjtjpot!xfsf!sfqfbmfe/!Qptusfujsfnfou!cfofgju!jodsfbtft!xfsf!dibohfe!gspn!2/11!qfsdfou!qfs!zfbs!xjui!b!qspwjtjpo!up! jodsfbtf!up!3/61!qfsdfou!vqpo!buubjonfou!pg!:1/11!qfsdfou!gvoejoh!sbujp!up!61/11!qfsdfou!pg!uif!Tpdjbm!Tfdvsjuz!Dptu!pg! Mjwjoh!Bekvtunfou-!opu!mftt!uibo!2/11!qfsdfou!boe!opu!npsf!uibo2/61!qfsdfou-!cfhjoojoh!Kbovbsz!2-!312:/!Gps!sfujsfnfout! po!ps!bgufs!Kbovbsz!2-!3135-!uif!gjstu!cfofgju!jodsfbtf!jt!efmbzfe!voujm!uif!sfujsff!sfbdift!opsnbm!sfujsfnfou!bhf<!epft!opu! bqqmz!up!Svmf!pg!:1!sfujsfft-!ejtbcjmjuz!cfofgju!sfdjqjfout-!ps!tvswjwpst/!Bduvbsjbm!frvjwbmfou!gbdupst!xfsf!vqebufe!up!sfgmfdu! sfwjtfe!npsubmjuz!boe!joufsftu!bttvnqujpot/ 3128!.!Uif!Tubuf“t!dpousjcvujpo!gps!uif!Njoofbqpmjt!Fnqmpzfft!Sfujsfnfou!Gvoe!frvbmt!%27-111-111!jo!3128!boe!3129-! boe!%7-111-111!uifsfbgufs/!Uif!Fnqmpzfs!Tvqqmfnfoubm!Dpousjcvujpo!gps!uif!Njoofbqpmjt!Fnqmpzfft!Sfujsfnfou!Gvoe! dibohfe!gspn!%32-111-111!up!%42-111-111!jo!dbmfoebs!zfbst!312:!up!3142/!!Uif!tubuf“t!dpousjcvujpo!dibohfe!gspn! %27-111-111!up!%7-111-111!jo!dbmfoebs!zfbst!312:!up!3142/ 3127!.!Opof 3126!.!Po!Kbovbsz!2-!3126-!uif!Njoofbqpmjt!Fnqmpzfft!Sfujsfnfou!Gvoe!xbt!nfshfe!joup!uif!Hfofsbm!Fnqmpzfft!Gvoe-! xijdi!jodsfbtfe!uif!upubm!qfotjpo!mjbcjmjuz!cz!%2/2!cjmmjpo!boe!jodsfbtfe!uif!gjevdjbsz!qmbo!ofu!qptjujpo!cz!%9:3!njmmjpo/! Vqpo!dpotpmjebujpo-!tubuf!boe!fnqmpzfs!dpousjcvujpot!xfsf!sfwjtfe/ 54 211 Fml!Sjwfs!Nvojdjqbm!Vujmjujft Fml!Sjwfs-!Njooftpub Sfrvjsfe!Tvqqmfnfoubsz!Jogpsnbujpo!)Dpoujovfe* Gps!uif!Zfbs!Foefe!Efdfncfs!42-!3131 Schedule of Changes in the Employer's OPEB Liability and Related Ratios 3131312:3129 Upubm!PQFC!Mjbcjmjuz Tfswjdf!dptu%42-142%23-861%22-195 Joufsftu:-3424-8624-637 Ejggfsfodft!cfuxffo!fyqfdufe!boe!bduvbm!fyqfsjfodf.)4-943*. Dibohft!jo!bttvnqujpot)6-345*215-6425-61: Ofu!Dibohf!jo!Upubm!PQFC!Mjbcjmjuz46-139228-3112:-22: Upubm!PQFC!Mjbcjmjuz!.!Cfhjoojoh328-883211-68392-564 Upubm!PQFC!Mjbcjmjuz!.!Foejoh%363-911%328-883%211-683 Dpwfsfe!!.!fnqmpzff!qbzspmm%4-943-432%4-658-5:6%4-695-1:7 Vujmjujft(!upubm!PQFC!mjbcjmjuz!bt!b!qfsdfoubhf!pg! dpwfsfe!fnqmpzff!qbzspmm!&7/71!&7/25!&3/92 Note: Schedule is intended to show 10-year trend. Additional years will be reported as they become available. Dibohft!jo!Qmbo!Qspwjtjpot 3131!.!Op!dibohft!jefoujgjfe 312:!.!Op!dibohft!jefoujgjfe 3129!.!Op!dibohft!jefoujgjfe Dibohft!jo!Bduvbsjbm!Bttvnqujpot 3131.!Uif!ejtdpvou!sbuf!xbt!dibohfe!gspn!4/82&!up!3/86&/Npsubmjuz-!xjuiesbxbm!boe!tbmbsz!tdbmf!vqebufe!up!uif!sbuft! vtfe!jo!uif!Kvmz!2-!312:!QFSB!pg!Njooftpub!SfujsfnfouQmbo!bduvbsjbm!wbmvbujpo!up!sfgmfdu!sfdfoumz.qvcmjtife!ubcmft/Uif! nfejdbm!usfoe!sbuft!xfsf!vqebufe!up!fydmvef!uif!Bggpsebcmf!Dbsf!Bdu“t!Fydjtf!Uby!po!ijhi.dptu!jotvsbodf!qmbo!evfup!jut! sfqfbm/!! 312:!.!Uif!ejtdpvou!sbuf!xbt!dibohfe!gspn!4/42&!up!4/82&/!Npsubmjuz-!xjuiesbxbm!boe!tbmbsz!tdbmf!vqebufe!up!uif!sbuft! vtfe!jo!uif!Kvmz!2-!3129!QFSB!pg!Njooftpub!Sfujsfnfou!Qmbo!bduvbsjbm!wbmvbujpo!up!sfgmfdu!sfdfoumz.qvcmjtife!ubcmft/! Nfejdbm!qfs!dbqjub!dmbjnt!dptut!xfsf!vqebufe!up!sfgmfdu!sfdfou!fyqfsjfodf/!Uif!bttvnfe!sfujsfnfou!bhf!xbt!vqebufe! gspn!71!up!68!up!sfgmfdu!sfdfou!fyqfsjfodf/!Uif!jogmbujpo!bttvnqujpo!xbt!dibohfe!gspn!3/86&!up!3/61&!cbtfe!po!bo! vqebufe!ijtupsjdbm!bobmztjt!pg!jogmbujpo!sbuft!boe!gpsxbse.mppljoh!nbslfu!fyqfdubujpot/!Ifbmui!dbsf!usfoe!sbuft!xfsf!sftfu! up!sfgmfdu!vqebufe!dptu!jodsfbtf!fyqfdubujpot-!jodmvejoh!bo!bekvtunfou!up!sfgmfdu!uif!jnqbdu!pg!uif!Bggpsebcmf!Dbsf!Bdu(t! Fydjtf!Uby!po!ijhi.dptu!ifbmui!jotvsbodf!qmbot/ 3129!.!Uif!ejtdpvou!sbuf!xbt!dibohfe!gspn!4/92&!up!4/42&/!Ifbmui!dbsf!usfoe!sbuft!xfsf!sftfu!up!sfgmfdu!vqebufe!dptu! jodsfbtf!fyqfdubujpot-!jodmvejoh!bo!bekvtunfou!up!sfgmfdu!uif!jnqbdu!pg!uif!Bggpsebcmf!Dbsf!Bdu(t!Fydjtf!Uby!po!ijhi.dptu! ifbmui!jotvsbodf!qmbot/!Nfejdbm!qfs!dbqjub!dmbjnt!dptut!xfsf!vqebufe!up!sfgmfdu!sfdfou!fyqfsjfodf/!Xjuiesbxbm!sbuft!xfsf! vqebufe!gspn!uif!Tnbmm!Qmbo!bhf.cbtfe!ubcmf!jo!uif!3114!TPB!Uvsopwfs-!bekvtufe!cz!61&!up!uif!sbuf!vtfe!jo!uif! 80203128!QFSB!Hfofsbm!Fnqmpzfft!Sfujsfnfou!Qmbo!wbmvbujpo/!Uif!tbmbsz!tdbmf!bttvnqujpo!xbt!dibohfe!gspn!b!gmbu!sbuf! pg!4/36&!up!uif!sbuft!vtfe!jo!uif80203128!QFSB!Hfofsbm!Fnqmpzfft!Sfujsfnfou!Qmbo!wbmvbujpo/!! 55 212 56 213 TVQQMFNFOUBSZJOGPSNBUJPO FML!SJWFS!NVOJDJQBM!VUJMJUJFT FML!SJWFS-!NJOOFTPUB GPS!UIF!ZFBSFOEFE EFDFNCFS!42-!3131 57 214 Fml!Sjwfs!Nvojdjqbm!Vujmjujft Fml!Sjwfs-!Njooftpub Tvqqmfnfoubsz!Jogpsnbujpo Tdifevmf!pg!Pqfsbujoh!Sfwfovft!boe!Fyqfotft Gps!uif!Zfbs!Foefe!Efdfncfs!42-!3131 FmfdusjdXbufsUpubm Pqfsbujoh!Sfwfovft Dibshft!gps!tfswjdft Fml!Sjwfs%44-688-785%!!!3-724-923%47-2:2-597 Putfhp!!!!!3-6:2-418!!!!!!!!!!!!!!!!!!!!.!!!!!3-6:2-418 Cjh!Mblf!!!!!!!!297-839!!!!!!!!!!!!!!!!!!!!.!!!!!!!!297-839 Ebzupo!!!!!!!!328-885!!!!!!!!!!!!!!!!!!!!.!!!!!!!!328-885 MGH!Qspkfdu!!!!!2-252-593!!!!!!!!!!!!!!!!!!!!.!!!!!2-252-593 Tvctubujpo!dsfeju!!!!!!!!!!!!5-911!!!!!!!!!!!!!!!!!!!!.!!!!!!!!!!!!5-911 Dpoofdujpo!nbjoufobodf!!!!!!!!271-297!!!!!!!!!!67-:42!!!!!!!!328-228 Dvtupnfs!qfobmujft!!!!!!!!!!53-667!!!!!!!!!!!!4-912!!!!!!!!!!57-468 Upubm!Pqfsbujoh!Sfwfovft!!!48-:33-618!!!!!3-785-655!!!51-6:8-162 Pqfsbujoh!Fyqfotft Qvsdibtfe!qpxfs!!!35-351-551!!!!!!!!!!!!!!!!!!!!.!!!35-351-551 Qspevdujpo Tvqfswjtjpo!boe!mbcps!!!!!!!!211-:75!!!!!!!!!!63-691!!!!!!!!264-655 Obuvsbm!hbt!!!!!!!!!!44-187!!!!!!!!!!!!!!!!!!!!.!!!!!!!!!!44-187 Tvqqmjft!boe!qpxfs!gps!qvnqjoh!!!!!!!!!!52-:94!!!!!!!!395-694!!!!!!!!437-677 Mboegjmm!hbt!fyqfotf!!!!!!!!854-712!!!!!!!!!!!!!!!!!!!!.!!!!!!!!854-712 Nbjoufobodf!pg!tusvduvsft!!!!!!!!!!23-517!!!!!!!!!!63-152!!!!!!!!!!75-558 Nbjoufobodf!pg!frvjqnfou!!!!!!!!!!27-336!!!!!!!!224-655!!!!!!!!23:-87: Nbjoufobodf!pg!qmbou!!!!!!!!!!26-714!!!!!!!!!!!!!!!!!!!!.!!!!!!!!!!26-714 Upubm!qspevdujpo!!!!!!!!:74-969!!!!!!!!613-859!!!!!2-577-717 Usbotnjttjpo!boe!ejtusjcvujpo Tvqfswjtjpo!boe!mbcps!!!!!!!!!!44-:77!!!!!!!!!!!!5-828!!!!!!!!!!49-794 Nbjoufobodf!pg!pwfsifbe!mjoft!!!!!!!!598-532!!!!!!!!!!!!!!!!!!!!.!!!!!!!!598-532 Nbjoufobodf!pg!voefshspvoe!mjoft!!!!!!!!387-549!!!!!!!!!!!!!!!!!!.!!!!!!!!387-549 Nbjoufobodf!pg!tubujpo!frvjqnfou!!!!!!!!!!76-179!!!!!!!!!!!!!!!!!!!!.!!!!!!!!!!76-179 Usbotqpsubujpo!!!!!!!!295-917!!!!!!!!!!22-879!!!!!!!!2:7-685 Nbjoufobodf!pg!dvtupnfs!tfswjdf!!!!!!!!!!21-545!!!!!!!!!!58-987!!!!!!!!!!69-421 Nbjoufobodf!pg!dvtupnfs!nfufst!!!!!!!!227-:45!!!!!!!!285-:91!!!!!!!!3:2-:25 Njtdfmmbofpvt!!!!!!!!42:-885!!!!!!!!!!22-:29!!!!!!!!442-7:3 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