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5.10. SR 07-24-1995,.~,r ~~ ITEM 5.10 ~~ MEMORANDUM ity of ~~ l~ u TO: Mayor & City Council Rover ~ FROM: Lori Johnson, Assistant City Administrator ~~~ ~"' DATE: July 24,1995 SUBJECT: Fire Department Requests Before August 1 of each year the Fire Relief Association is required to certify its benefit level and required city contribution to the City Council. In the past the Relief Association annually requested an increase in the per year benefit; however, the benefit requested never required a city contribution. This year the situation is reversed. The Relief Association is not requesting an increase in the per year benefit for 1996. The 1995 benefit is $2,350 per year of service up from $2,200 in 1994; the 1996 benefit will remain at $2,350 per year of service. Even though the Relief Association is not requesting an increase in the benefit level, a city contribution is required in 1996. The Schedules I, II, and III as prepared by Gus Welter, consultant to the Relief Association, indicate that a city contribution of $1,981 will be required in 1996. • In addition, the State Auditors Office has notified the Relief Association that the schedules filed for 1995 were incorrect. After making the necessary corrections, the city has a required contribution of $663 in 1995. The 1995 Budget included a $17,500 contribution to the Relief Association which can cover the required contribution. The only mandatory contribution in 1995 is $663. Finally, if the Council contributes an amount other than $17,500 in 1995, the minimum city contribution for 1996 will change. The Schedules for 1996 were prepared assuming a 1995 city contribution of $17,500. If the city contributes less that $17,500, the required contribution increases for 1996. For example, if the city contributes just the mandatory contribution in 1995, the 1996 minimum contribution increases to approximately $3,675. If the city contributes more than $17,500, the minimum contribution decreases. Action Re~ruested The Council is asked to accept the attached Schedules I, II, and III submitted by the Elk River Fire Relief Association and approve the minimum required contribution for 1996. This action should be done by motion. • 13065 Orono Parkway • P.O. Box 490 • Elk River, MN 55330 • (612) 441-7420 • Fax: (612) 441-7425 J U L- 2 6- 9 5 T H U 1 5 4$ ELK F2 I~ E R M A C H • • • P 02~C~4 ELK RIVER FIREFIGHTERS' RELIEF AS SOCIATION Raport of financial condition to end of 1995 and rcquirementE for 1996 SCHEDULE I CALCULATION OF SPECIAL FUND LIABILITY FOR ALL HEMBERS AT PENSION LEVEL OF 52,350 PER YEAR OF ACTIVE SERVICE .ENTRY TO END OF 1995 TO END OF 1996 NO NAME GATE YRS LIAB YRS LIAB sssssssssssssas~rssssss:ssasassaaspsssssss ssssssss ssssssasssss~ssss~sassssssssasss: 1 30 70,500 ~ 31 72,850 2 30 70,500 31 72,850 '~ {D 3 28 65,800 29 68,150 ~ 4 28 65,800 29 b8, 150 5 23 .54,050 24 5b, 400 6 -""' 29 43,334 20 47,000 7 18 39,903 19 43,334 e 17 36,_650 18 39,903 9 17 36,660 18 39,903 10 16 33,558 17 36,660 11 15 30,644 16 33,558 ' 12 Y5 30,644 16 33,558 ' 13 14 27,814 15 30,644 ; 14 14 27,824 15 30,644 15 12 22,607 13 25,1.45 16 12 22,607 13 25,145 •. 17 11 20,163 12 22,607 18 11 20,163 12 22,607 , 19 11 2-0,163 12 22,b07 20 8 13,536 9 15,651 2T B .13,536 9 15,ti51 22 8 13,536 9 15,551 23 6 9,635 7 11,552 24 6 9,635 7 ii,5b2 25 6 9,635 7 11,552 26 6 9,63.5 7 1.1,562 27 3 4,465 4 6,110 28 3 4,465 4 6,110 29 3 4,465 4 6,110 30 3 4,465 4 6,110 31 3 4.,4.65 4 6,110 32 1 1,410 2 2,914 33 1 1.,410 2 2,914 34 1 1,410 Z 2,914 35 36 37 • 3E 39 40 41 42 GEF 43 C O 4/75-4195 20 X 2350 47,OQ0 47,0?0 44 45 46 E.V. 47 P LeF 10/51-10/93 .54X2100Xi1 14,784 14,784 48 49 50 ACCRUED LIAB FOR ACTIVE MEMBERS 845,107 924,248 ACCRUED LIAB FOR DEFERRED 11EP7BER5 47,000 47,04 Ac:CRUEU LIAB FUR EARLY VESTED t7BR5 14,784 14,784 ACCRUED LIAB FOR UNPU INSTALLMENTS A) AC~~RUED LIABILITY THROUG?i 1996 985,992 B) ACCRUED LIABILITF THROUGH 1995 905,851 906,891 C} L.A - L.B; NORt4AL COST FOR 1996 79,181 • 2 5 4 8 E L K R I V E R SrHEU:1:.E ZI MAC H P _ 0~~'E~4 SecLian 1. PROJECTION OF SPECIAL FUND ASSETS TO ULCEHBER 31, 1995 ASSETS AT JANUARY 1, 1495 (12/311941------- 1. S 759,x40 EXPECTED ZNCOtiE TO DECEMBER J1, 1495 A) Minn. State Aid S 41,526 B) City Contribution 17,540 C) FundraiEera, etc. 0 D) Interest, Inv. Incame 45,593 E) Realized Gains (losses) 0 F) Unrealized (losses) 0 G} Other income (St Refund) 1,000 TOTAL OF LINES A TAROUGA G----------------- 2. S 105,619 BEGINNING ASSETS PLUS EXPECTED INCOME------ 3. S - 865,509- ' EXPECTED EXPENSE TO DECEMBER 91, 1945 H) Pensions S 0 I) Other benefits 0 ~~` J) Administrative ----1_b?0- ~~ c!~" TOTAL OF LZNES A-I-J------------- 4. $ ~ „~ ~ 7 w PROJECTED ASSETS AT 12/31/95 (L.3 - L.4) 5. S 8 - 9 ~P Z 8w J rr«rrrrrrrrrrrrrrrrrr.rrrrrr.rrrrr.rrrrr.r.~:-rrrrrrrr:rrrrrrr~rr.rr,..rr~:Prr•-•r~:, 6eetion 2. Determination of projected SURPLU6 or DEFICIT E 12/31J95. ~~Z~~~ ' ' Projeeted Assets (Line S) 6. S t .B~c3;8 9 Accrued Livability (Line B, Schedule 1f 7. S 90d,891 IE L.6 > L.7, enter difference: SURPLUS 8a. S -0 If L.7 > L.d, entaz difference: DEFICIT eb. S 43 t~/~ L,~~ '*Go to Section 3 if SURPLUS '•' To Section 4 if DEFIC IT ' rrrsrrrrrrrrsrrrrrrsrrsrsrrsrrrrrrsrrrsrrrsssrsesssassssssssrsssss rrr sssssrrrr.mrsss~• Settian 3. Determination of 199d tiunic.ipal Contribution (if SURPLUS) • Normal Cost (line C, Schedule 1) ---------- 9. S 0 Calculated Administrative Erpenae---------- 10. 5 0 Leas: R) Minn. State Aid S 0 L) 5$ of Line S 0 M) l0E of Line 8e 0 Total Subtract.ions --------------- il. - S - - 0 - 1996 City Contribution if SURPLUS exists (L. 8x1 12 S 0 rrr..rr:rr:rrrrrrrrrrr=:rrr:::rrrrr=~.r:rr.rrrrrrsrr=rrrr:: Section 4. Determination of Municipal Contributi :r.e:rrrrr.:rrrr..-r-rr::. on (if DEFICIT) .Amortization of deficit{s) incurred prior to end of 1995 YR ORIGIN. AMT RET __ AN.T .LEFT .INCUR. AMOUNT PREY TO RETIRE (lp (2) (3) 1998 x,457 1,694 6,773 1994 23,744 2,374 21,370 19 0 7otala 32.,211 4,068 28,143 TOT ORIG DEF 32,211 ----------- X .10 - --- 13x. S 3,221 Deduct col {31 total from L. 8b. If col 3 < L.8b, difference is a $ ( NEW DEFICIT. S i 29 X .10 r--- --- 13b. S ~ 5 /SYY~ Normal Cost (Lind C, Sch. 1) -------------- la. S 79,101 ~ Calculated Administrative Expen:.c ------------ ----- I5. $ ~ 7 f1 ~~' --------- Total Costs ------- 16. -- S - ES~y44' .~{o ~h~ ~ LESS: -- • ---- N) Minn. State Aid - - S 41,525 1 7 O) 58 of Line 5---------- 5 -+3;T41 c}Ijj~ 7 S u -717 $=f~( B-C ~ Total Subtractions --------- ----------------- . ----- 1 . , 1996. City Contribution, if DEFICIT cxisis (L.Bbf ----- 18. S ~~~1~ JIJt_ -2E~-9~ T HI.I 1 5 49 ELK R Z VER MAC H P _ E~4iC)4 AVERAGE SPECZAL PUND INCO!fiE (non-inves'..ment) PER tiEMbER T'UR PREVIOUS THREE YEAR P ERIOD. ACTV YEAR STATE LOCAL 1110 ANNUAL 3 YR FF AID TAXES SURPLUS TOTAL TOTAL • 32 3994 41,526 19,000 60,526 34 -.1993 38,514 19,000 57.,514 35 1992 38,590 19,000 57,590 175,630 34 3YR TOTf3/~MBR 58,543 34 ~ 51,739 AVG PER D1fsR Max pension (Avg. X 1.651 S3,217 .. sa sssssssasssssssssassa sssssssssasaassssssa sssssssssssssasasssss~~ass ssstsssssr CERTIFICATION OF SPECIAL FUND REQUIREMENTS This information must be certified to the clerk of the municipality or to the independent non-profit firefighting corporation by 08/01/95. we, the officers of the Elk `River Pizefighters' Relief Ar•aociation, state that the accompanying achedule~ have been prepared in accordance with the provisions of the Atinn. Stet. Ch. 69.772, subd 4. The average amount of available financing per active member for the past three years was 51,739 Further, benefit levels have been established in accordance: with the average amount of available financing, as required by law. The minimum city contribution for 1996 is: SB47 President Date__-_____~________ ______ ___~___, Sccrctazy Date_ ---------•----s~.~_. TrEasurer Dat•t------- • scss:asssssaassa ssssssssasss: ssssa sasssssa ssssssa csssssssssa as arcs:asasas¢s These Schedules were prepared Prepared by: from information provided by Gus Walter, consultant Officers of the Relief Association 1901 Meadowview Road and State Auditor Reports. Bloomington., MN 5542.5 Calculated as 12/31/95 (612) 854-8856 s saaasass s:sas ss r:.s:s r.s a s a s e a ¢s ass s ss s ss a :s s.ss a s :s : s s sssa a s a s s s s s ssa z s a x--~ xs x= m es si r_LERK'S CERTIFICATION I am the-clerk (ar other. designated official) of the city of Elk River. I have received the completed Office of the btat.e Auditor Schedules 16 IZ from the Elk River Firefight.era Relief Association on __ ____, 1995. I have reviewed Section 2, lines 8, 12, and 18. If line 12-or line 18 reflects a required municipal contribution, I certify that I will so advise the municipal governing body at its next regularly scheduled meeting. If the Certification of the Officers discloses that the Bylaws have bean amended to provide a benefit increase, I certify that the municipal governing body has passed a resolution which approves the change in the .bylaws. A copy of the resolution is attached (if required). Date------- -'----' 1?95 Signature -------•----------------- • Phone f Title City Clerk (Note: Failure to file this document in a timely manner., whether or not a municipal contribution ie required, will result in loss of st.a*_.e aid.) ITEM 5.10 of MEMORANDUM River TO: Pat Klaers & City Council ,~'/ FROM: Bruce A. West, Fire Chief /~"~ DATE: July 21,1995 SUBJECT:. City Contribution to the Elk River Fire Department Relief Association I have been requested by the Elk River Fire Department Relief Association that the Mayor and City Council reinstate the City's contribution to the relief association to prior years level of $19,000. The budgeted amount for the 1995 contribution was placed at $17,500. Randy Sykes, a member of the Elk River Fire Department and Elk River Fire Department Relief Association, will be present at the July 24, 1995 Council meeting to answer any questions the Mayor and City Council may have on this issue. I will also be present at the City Council meeting of July 24 to answer any questions directed by the Council. • A brief history of the City contribution to the Relief Association shows that the City's contribution at $19,000 dates back to 1991 through 1994. One of the reasons for the possible reduction to $17,500 was due to the fact that the level of firefighters at the start of 1995 was at 32. The City authorized returning to the allotted 35 members which was attained with the hiring of three firefighters in April of 1995. A value placed of approximately $550 per firefighter and having 3 less firefighters, would show some cause for the possible reduction to the $17,500 budgeted amount for 1995. A reminder to the Mayor & City Council is that I am not a member of the Elk River Fire Department Relief Association. I am making this request to the City Council on behalf of the Relief Association. The Relief Association is requesting that the level of $19,000 for City contribution be re-instated as has been paid from 1991 through 1994. Any further questions on this issue please give me a call. • 13065 Orono Parkway • P.O. Box 490 • Elk River, MN 55330 • (612) 441-7420 • Fax: (612) 441-7425