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Drepartment / Program: Fire Relief Association <br />Organizational Responsibility: City Council & Finance Di*rector <br />11;epartment Description <br />The Roseville Fire Relief Association provides for the oversight of the retirement plan available to <br />Roseville paid-on-call firefighters. The retirement plan is separate from the City's pension plan. The <br />City makes an annual contribution to the Association's pension fund. The ProgTam's activities are <br />accounted for in the General Fund. <br />LY011 Goals and Objectives <br />* Maintam* adequate pension funding m' accordance with the most recent actuarial study. <br />FInancial Summary <br />Iwo <br />2011 Budget Impact Items <br />Decrease is due to improved investment portfolio returns requiring a smaller contributio:f <br />necessary to pay the City's share of the Association's Pension unfunded liability. <br />2009/2010 Achievements <br />* Full actuan'al funding of pension requirements. <br />32 <br />2007 <br />2008 <br />2009 <br />2010 <br />2011 <br />$Increase <br />%Increase <br />Actual <br />Actual <br />Actual <br />B <br />(Decrease) <br />ecrease) <br />Personal Ser- vices <br />$ <br />$ <br />$ <br />$ <br />$ <br />0.0% <br />Supplies & Materials <br />- <br />- <br />0.0% <br />Other Services & Charges <br />2509900 <br />3015,000 <br />209�228 <br />4339000 <br />3559000 <br />(789000) <br />-18.0% <br />Capital Outlay <br />- <br />- <br />-1 <br />, - <br />- <br />0.0% <br />Total <br />$ 250900 <br />$ 3011,000 <br />$ 209228 <br />$4339000 <br />$3559000 <br />$ (789.000) <br />-18.0% <br />Iwo <br />2011 Budget Impact Items <br />Decrease is due to improved investment portfolio returns requiring a smaller contributio:f <br />necessary to pay the City's share of the Association's Pension unfunded liability. <br />2009/2010 Achievements <br />* Full actuan'al funding of pension requirements. <br />32 <br />