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2016 Approved Budget and CIP
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2016 Approved Budget and CIP
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2/2/2018 11:21:24 AM
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Department / Program:Fire Relief Association <br /> <br />Organizational Responsibility: City Council & City Manager <br />Department 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 City <br />makes an annual contribution to the Association’s pension fund. The Program’s activities are accounted <br />for in the General Fund. <br />2016Goals and Objectives <br />Maintain adequate pension funding in accordance with the most recent actuarial study. <br />Financial Summary <br />20122013201420152016$ Increase% Increase <br />ActualActualActualBudgetBudget(Decrease)(Decrease) <br />Personal Services$-$-$-$-$-$-0.0% <br />Supplies & Materials------0.0% <br />Other Services & Charges355,384299,233341,617209,000209,000-0.0% <br />Capital Outlay------0.0% <br />Total$355,384$299,233$341,617$209,000$209,000$-0.0% <br />2016Budget Impact Items <br />The amount shown above represents the City’s share of the Association’s Pension Fund. The Fund’s <br />unfunded liabilityhas remained largely unchanged from the previous year. <br />2014/2015Achievements <br />The City has maintained full actuarial funding of pension requirements. <br />32 <br /> <br />
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