HomeMy WebLinkAbout2020-04-16 - Agnedas - Final Police Pension and Relief Fund
Meeting Date April 16, 2020
• Adjourn Time 3 18 PM
Attendees:
Mayor Jordan, City Attorney Kit Williams, City Clerk Treasurer Kara Paxton, Chief Financial Officer Paul Becker,
Accounting Manager Kristin Cavette
Via Teleconference: John Brown, Ruston Cole, Eldon Roberts, Melvin Stanley
iq
Subject: Roll Call Subject: Approval of the 10/17/ O Minutes
Motion To: Motion To:
Motion By: Motion By:
Seconded: Seconded:
John Brown John Brown
Ruston Cole Ruston Cole
Frank Johnson Frank Johnson
Mayor Jordan Mayor Jordan
elEldon Roberts Eldon Roberts
Kara Paxton Kara Paxton
Melvin Stanley Melvin Stanley
Subject: Approval of the Revised Pension Lists: Subject: Signature Authority
11/19 &12/19, and 05/20 to 10/20 Pension Lists
Motion To: Motion To:
Motion By: Motion By:
Seconded: Seconded:
John Brown John Brown
Ruston Cole Ruston Cole
Frank Johnson Frank Johnson
Mayor Jordan Mayor Jordan
Eldon Roberts Eldon Roberts
• Kara Paxton Kara Paxton
Melvin Stanley Melvin Stanley
•
Lioneld Jordan Chairman r', rF�
Kara Paxton Treasurer " '< Ruston Cole Retired Position 2
- John Brown
Melvin Stanley
Retired Position 3
Eldon Roberts Secretary caf-.
o ` Retired Position 4
Retired Position 5
Retired Position I
FAYEr Frank Johnson
\ uILIM. •! r
,ZKANS'
Policemen's Pension and Relief Fund
Board of Trustees Meeting Agenda
April 16, 2020
A meeting of the Fayetteville Policemen's Pension and Relief Fund Board of Trustees will be held
on April 16, 2020 at 3:00 p.m. in Room 326 of the City Administration Building located at 113
West Mountain Street, Fayetteville, Arkansas.
Roll Call
Garrison Financial:
• Quarterly reports ending December 31, 2019 and March 31, 2020
• Minutes:
•
• Approval of the October 17, 2019 meeting minutes
Pension List Changes:
• Richard Watson deceased October 23, 2019
Approval of the Pension List:
• Approval of the revised November and December 2019 and the January, February, March
and April 2020 pension lists
• Approval of the May, June, July, August September, October 2020 pension lists
New Business:
• Signature Authority
Informational:
2020 Meeting Calendar
• Next Meeting—October 15, 2020
Note: All meetings are tentative and subject to change. The City meetings calendar is
located on www.thyetteviIle-ar.gov
OilGARRISON nrrEIVED
ASSET MANAGEMENT JANN 1 4 2020 •
January 8,2020
H S O SCE
Ms. Kara Paxton
City of Fayetteville
113 West Mountain Street
Fayetteville,Arkansas 72701-6069
Dear Ms. Paxton,
Enclosed are your quarterly reports for the quarter ended December 31, 2019.
Equity markets ended an already strong 2019 with another robust quarter. For the year,the S&P 500 was up+31.5%including+9.1%in
the fourth quarter. Much of January was spent in a quick recovery from December 2018's sharp 15%pullback. Following that we saw
sideways trading throughout the middle of the year then another run higher in the fourth quarter. Every economic sector was positive
for the year,with technology leading the way+50.3%and energy lagging at+11.8%. For the quarter,technology and health care led at
+14.4%while real estate was the only negative sector at-0.5%.
Bond markets also had a strong showing in 2019,with interest rates generally declining throughout the year from already low levels.
For the year, 10-year Treasury rates were down about 75 bps,with the high occurring in early January at 2.79%and the low occurring in
early September at 1.46%;another volatile year with a high/low swing of 133 bps or 1.33%. The Barclays Intermediate
Government/Credit index was essentially flat for the quarter at+0.38%and rose+6.80%percent for the year.
The Federal Reserve lowered the Fed Funds Target Rate three times in 2019,each time by 25 bps and all three since August 1,bringing
the rate to 1.75%at year end. The yield curve briefly inverted in August,inviting some recession concerns,but then those spreads(we
focus on the 2 Year to 10 Year Treasury spread)spiked through the summer and fall to end the year at a high. This suggests the market•
grew less concerned about economic growth,likely due in part to the Fed's action as well as tentative resolutions in trade negotiations.
Geopolitical events after year end have somewhat tightened yield spreads,but they are still substantially higher than summer.
Low interest rates and inflation,widening yield spreads, and a Fed likely to stay out of the way during an election year suggest a
moderate tailwind to the economy. We continue to project slow but positive economic growth going into 2020. Much of last year's
equity market gains were attributable to multiple expansion, as the forward PE on the S&P 500 moved from 15x to 19x over the year.
While that is not stratospheric,especially in a low and falling interest rate environment,higher valuations imply higher risk. A period of
consolidation combined with organic corporate earnings growth would give us confidence. Bigger risks to both the economy and the
markets seem to be in the political and geopolitical arena. Markets tend to overreact to the news of the day, only to shrug it off in days
following. Some of these events are by their nature unpredictable and difficult to hedge against. We construct our portfolios to
perform across an entire business cycle and expect that long-term perspective will be rewarded despite day to day fluctuations.
Year-end is always a good time to review your financial situation,especially after such a strong year in the markets. We encourage you
to think about your risk tolerance,time horizon,asset allocation and life events. If any of that has changed,or you just want to visit,
please let us know and we will be happy to meet and discuss.
Cordially,
Kerry Bradley,CFA,MBA
Equity Portfolio Manager
Garrison Asset Management
605 W.Dickson Street,Suite 201 •Fayetteville,Arkansas 72701
479-587-1045 • 888-442-7637. 479-587-1257 Facsimile•www.GarrisonFinancial.com
GARRISON
ASSET MANAGEMENT
City of Fayetteville Police Pension and Relief Fund
Charles Schwab #2448-5630
Quarter Ending December 31, 2019
PORTFOLIO SUMMARY
City of Fayetteville Police Pension and Relief Fund
Charles Schwab #2448-5630
December 31, 2019
2.0% 4.8% 411
29.5% 62 Cash& Equivalents 121,123.66
Money Market 291,000.00
1111111110
63.796 Account Fixed Income 1,785,986.48
Account Equities 3,859,926.10
•
•
Garrison Asset Management
PORTFOLIO APPRAISAL
City of Fayetteville Police Pension and Relief Fund
Charles Schwab #2448-5630
December 31, 2019
Adj Unit Total Adjusted Market Pet. Unit Annual
Quantity Security Cost Cost Price Value Assets Income Income Yield
CASH AND EQUIVALENTS
Schwab Bank Sweep 121.123.66 121 123.66 2.0 0.120 145.35 0.1
121,123.66 121,123.66 20 145.35 0.1
TRADED-MONEY MARKET
291,000 Schwab Govt Money 1.00 291,000.00 1.00 291,000.00 4 8 0.017 4,888.80 1.7
Fund Investor Shares
291,000.00 291,000.00 4.8 4,888.80 1.7
CERTIFICATE OF DEPOSIT
100,000 Capital One Bank USA 97.44 97,440.00 99.99 99,992.90 1.7 1.750 1,750,00 1.8
1.750%Due 11-23-20
Accrued Interest 182 19 0.0
97,440,00 100,175.09 1.7 1,750.00 1.8
CORPORATE BONDS
125,000 Berkshire Hathaway 100.88 126,103.84 100.73 125,916.62 2.1 2.900 3,625.00 2.0
Financial
2.900%Due 10-15-20
125,000 AT&T,Inc. 100.16 125,196.94 101.89 127,356.87 2.1 3.000 3,750.00 2.1
3.000%Due 02-15-22
• 125,000 Sysco Corporation 100.86 126,072.40 101.49 126,859.62 2.1 2.600 3,250.00 2.0
2.600%Due 06-12-22
125,000 Oracle Corp. 100.68 125,844.19 101.66 127,073.62 2.1 2.500 3,125.00 1.9
2.500%Due 10-15-22
125,000 Intel Corporation 101.22 126,531.15 102.43 128,037.75 2.1 2.700 3,375.00 1.9
2.700%Due 12-15-22
110,000 Nike,Inc. 101.32 111,448.40 101.65 111,817.97 1.8 2.250 2,475.00 1.7
2.250%Due 05-01-23
125,000 Apple Inc. 101.13 126,415.63 101.62 127,029.75 2.1 2.400 3,000.00 1.9
2.400%Due 05-03-23
125,000 Procter&Gamble 104.06 130,074 57 104.53 130,665.87 2.2 3.100 3,875.00 1.8
Company
3.100%Due 08-15-23
110,000 JB Hunt Transport 106.89 117,584.38 106.79 117,473.62 1.9 3.875 4,262.50 2.7
Services,Inc.
3.875%Due 03-01-26
110,000 Kroger Company 105.45 115,992.20 106.56 117,210.94 1.9 3.700 4,070.00 2.8
3.700%Due 08-01-27
60,000 Laboratory Corporation 106.22 63,729.29 105.34 63,201.24 1.0 3.600 2,160.00 2.8
of America Holdings
3.600%Due 09-01-27
110,000 General Dynamics 103.39 113,729.18 102.28 112,507.34 1.9 2.625 2,887.50 2.3
Corporation
2.625%Due 11-15-27
110,000 FedEx Corporation 100.15 110,162.77 99.17 109,084.47 1.8 3.100 3,410.00 3.2
3.100%Due 08-05-29
Accrued Interest 11,215.68 0.2
1,518,884.93 1,535,451.39 25.3 43 265.00 2.2
CONVERTIBLE PREFERRED
300 Bunge 4.875%Cony 108.63 32,588.95 102.50 30,750.00 0.5 4.875 1,462.50 4.8
Ptd.
32,588.95 30,750.00 0.5 1,462.50 4.8
• 1
III
Garrison Asset Management
PORTFOLIO APPRAISAL
City of Fayetteville Police Pension and Relief Fund
Charles Schwab#2448-5630
December 31, 2019
Adj Unit Total Adjusted Market Pet. Unit Annual
Quantity Security Cost Cost Price Value Assets Income Income Yield
COMMON STOCK
300 3M Company 164.93 49,479.55 176.42 52,926.00 0.9 5.760 1,728.00 3.3
1,680 AT&T,Inc. 28.24 47,439.74 39.08 65,654.40 1.1 2.080 3,494.40 5.3
655 AbbVie,Inc. 66.58 43,609.18 88.54 57,993.70 1.0 4.720 3,091.60 5.3
1,100 Abbott Laboratories 39.56 43,518.88 86.86 95,546.00 1.6 1.440 1,584.00 1.7
465 Accenture Plc. 90.81 42,224.97 210.57 97,915.05 1.6 3.200 1,488.00 1.5
600 Akamai Technologies, 55.76 33,454 45 86.38 51,828.00 0.9 0.000 0.00 0 0
Inc.
345 Amgen,Inc. • 114.33 39,443.75 241.07 83,169.15 1.4 6.400 2,208.00 2.7
375 Ansys,Inc. 75.67 28,377.71 257.41 96,528.75 1.6 0.000 0.00 0.0
350 Apple,Inc. 71.44 25,005.45 293.65 102,777.50 1.7 3.080 1,078.00 1.0
785 AptarGroup,Inc. 63.47 49,825.05 115.62 90,761.70 1.5 1.440 1,130.40 1.2
125 AutoZone,Inc. 516.09 64,511.70 1,191.31 148,913.75 2.5 0.000 0.00 0.0
1,350 BCE,Inc. 24.40 32,934.20 46.35 62,572.50 1.0 3.120 4,212.00 6.7
250 Becton,Dickinson& 113.97 28,491.99 271.97 67,992.50 1.1 3.160 790.00 1.2
Company
215 Broadcom,Inc. 239.03 51,390.42 316.02 67,944.30 1.1 13.000 2,795.00 4.1
580 Broadridge Financial 41.33 23,972.18 123.54 71,653.20 1.2 2.160 1,252.80 1.7
Solutions,Inc.
1,368 Brown-Forman 35.52 48,596.98 67.60 92,476.80 1.5 0.700 957.60 1.0
Corporation Class B
585 Check Point Software 85.44 49,979.59 110.96 64,911.60 1.1 0.000 0.00 0.0 •
Tech Ltd.
1,445 Cisco Systems,Inc. 19.70 28,470.99 47.96 69,302.20 1.1 1.400 2,023.00 2.9
1,400 Coca-Cola Company 30.98 43,374.60 55.35 77,490.00 1.3 1.600 2,240.00 2.9
1,150 ConocoPhillips 55.58 63,918.42 65.03 74,784.50 1.2 1.680 1,932.00 2.6
460 Deere&Co. 87.76 40,370.67 173.26 79,699.60 1.3 3.040 1,398.40 1.8
500 Disney,Walt Company 110.91 55,454.90 144.63 72,315.00 1.2 1.760 880.00 1.2
550 Eastman Chemical 85.25 46,885.10 79.26 43,593.00 0.7 2.640 1,452.00 3.3
Company
275 Goldman Sachs Group, 219.56 60,380.32 229.93 63,230.75 1.0 5.000 1,375.00 2.2
Inc.
3,865 Huntington Bancshares, 13.05 50,444.36 15.08 58,284.20 1.0 0.600 2,319.00 4.0
Inc.
305 IPG Photonics 120.18 36,654.02 144.92 44,200.60 0.7 0.000 0.00 0.0
Corporation
1,205 Intel Corporation 20.53 24,744.12 59.85 72,119.25 1.2 1.260 1,518.30 2.1
560 Johnson&Johnson 64.70 36,229.62 145.87 81,687.20 1.3 3.800 2,128.00 2.6
365 Kimberly-Clark 107.07 39,079.82 137.55 50,205.75 0.8 4.120 1,503.80 3.0
Corporation
395 Laboratory Corp. 125.86 49,715.75 169.17 66,822.15 1.1 0.000 0.00 0.0
America Holdings
675 Lincoln Electric 67.20 45,360.12 96.73 65,292.75 1.1 1.960 1,323.00 2.0
Holdings,Inc.
640 Medtronic Plc, 77.60 49,662.77 113.45 72,608.00 1.2 2.160 1,382.40 1.9
1,100 Merck&Co.,Inc. 51.39 56,525.78 90.95 100,045,00 1.7 2.440 2,684.00 2.7
800 National Oilwell Varco 85.35 68,280.15 25.05 20,040.00 0.3 0.200 160.00 0.8
530 Pepsico,Inc. 93.75 49,690.09 136.67 72,435.10 1.2 3.820 2,024.60 2.8
500 PerkinElmer,Inc. 97.03 48,515.80 97.10 48,550.00 0.8 0.280 140.00 0.3
630 Phillips 66 72.18 45,473.90 111.41 70,188.30 1.2 3.600 2,268.00 3.2
775 Procter 8c Gamble 59.42 46,048.64 124.90 96,797.50 1.6 2.980 2,309.50 2.4
Company
1,735 Raven Industries,Inc. 27.63 47,944.70 34.46 59,788.10 1 0 0.520 902.20 1 5
425 Rockwell Automation, 165.23 70,220.77 202.67 86,134.75 1.4 4.080 1,734.00 2 0
Inc.
710 Texas Instruments,Inc. 58.53 41,559.80 128.29 91,085.90 1.5 3.600 2,556.00 2 8
465 Valmont Industries,Inc. 128.60 59,797.26 149.78 69,647.70 1.1 1.500 697.50 1 0 •
2
•
Garrison Asset Management
PORTFOLIO APPRAISAL
City of Fayetteville Police Pension and Relief Fund
Charles Schwab#2448-5630
December 31, 2019
Adj Unit Total Adjusted Market Pet. Unit Annual
Quantity Security Cost Cost Price Value Assets Income Income Yield
710 Ventas,Inc. 73.52 52,195.91 57.74 40,995.40 0.7 3.170 2,250.70 5.5
455 Verisk Analytics,Inc. 81.80 37,219.58 149.34 67,949.70 1.1 1.000 455.00 0.7
830 WalMart,Inc. 62.11 51,549,08 118.84 98,637.20 1.6 2.120 1,759.60 1.8
800 Waste Management,Inc 42.21 33,765.73 113.96 91,168.00 1.5 2.180 1,744.00 1.9
750 Xylem,Inc. 64.30 48,222.64 78.79 59,092.50 1.0 0.960 720.00 1.2
2,130,01 I.20 3,435,755.00 56.7 69,689.80 2 0
MUTUAL FUNDS
3,748.040 Dodge&Cox Intl Stk 45.17 169,317.47 43.60 163,414.54 2.7 1.710 6,409.15 3 9
3,822.559 Oppenheimer 41.00 156,706.17 46.33 177,099.16 2.9 0.110 420.48 0 2
Developing Mkts A
326,023.64 340,513.70 5.6 6,829.63 2 0
UNIT TRUSTS
2,340 FT Energy Income& 34.20 80,032.95 22.61 52,907.40 0.9 2.320 5,428.80 10 3
Growth
4,000 iShares S&P US Pfd Stk 38.34 153,340.30 37.59 150,360.00 2 5 2.000 8,000.00 5.3
233,373.25 203,267.40 3.4 13,428.80 6.6
TOTAL PORTFOLIO 4,750,445.63 6,058,036.24 100.0 141,459.88 2.2
el
You should carefully compare this statement to the statement you receive from your custodian and notify us immediately of any discrepancies.
• 3
Garrison Asset Management
•
PURCHASE AND SALE
City of Fayetteville Police Pension and Relief Fund
Charles Schwab #2448-5630
From 01-01-19 To 12-31-19
Trade Settle Unit
Date Date Quantity Security Price Amount
PURCHASES
08-14-19 08-16-19 110,000 FedEx Corporation 100.15 110,168.33
3.100%Due 08-05-29
08-22-19 08-26-19 110,000 General Dynamics Corporation 103.53 113,885.74
2.625%Due 11-15-27
09-06-19 09-10-19 110,000 JB Hunt Transport Services,Inc. 107.22 117,945.86
3.875%Due 03-01-26
08-15-19 08-19-19 110,000 Kroger Company 105.69 116,259.93
3.700%Due 08-01-27
08-15-19 08-19-19 60,000 Laboratory Corporation of America 106.49 63,895.20
Holdings
3.600%Due 09-01-27
09-12-19 09-16-19 110,000 Nike,Inc. 101.43 111,576.26
2.250%Due 05-01-23
12-27-19 12-31-19 500 PerkinElmer,Inc. 97.03 48,515.80
01-17-19 01-18-19 175,000 Schwab Govt Money Fund Investor 1.00 175,000.00 •
Shares
07-01-19 07-02-19 490,000 Schwab Govt Money Fund Investor 1.00 490,000.00
Shares
09-23-19 09-24-19 80,000 Schwab Govt Money Fund Investor 1.00 80,000.00
Shares
12-30-19 12-31-19 207,000 Schwab Govt Money Fund Investor 1.00 207,000.00
Shares
08-29-19 09-03-19 710 Ventas,Inc. 73.52 52,195.91
1,686,443.03
REINVESTED DIVIDENDS
12-19-19 12-19-19 142.018 Dodge&Cox Intl Stk 43.47 6,173.51
12-13-19 12-13-19 6.108 Oppenheimer Developing Mkts A 45.58 278.41
12-13-19 12-13-19 8.842 Oppenheimer Developing Mkts A 45.58 403.02
12-13-19 12-13-19 65.539 Oppenheimer Developing Mkts A 45.58 2,987.29
9,842.23
SALES
06-15-19 06-17-19 125,000 3M Company 100.00 125,000.00
1.625%Due 06-15-19
12-30-19 01-02-20 160 Abbott Laboratories 86.84 13,894.91
02-14-19 02-19-19 120 Alliance Data Systems Corporation 168.08 20,169.72
08-09-19 08-09-19 700 Anadarko Petroleum Corporation 59.00 41,300.00
08-09-19 08-09-19 125 Anadarko Petroleum Corporation 59.00 7,375.00
06-21-19 06-25-19 200 C.H.Robinson Worldwide,Inc. 83.53 16,706.41
06-21-19 06-25-19 100 C.H.Robinson Worldwide,Inc. 83.53 8,353.20
I •
• Garrison Asset Management
PURCHASE AND SALE
City of Fayetteville Police Pension and Relief Fund
Charles Schwab #2448-5630
From 01-01-19 To 12-31-19
Trade Settle Unit
Date Date Quantity Security Price Amount
06-21-19 06-25-19 365 C.II. Robinson Worldwide,Inc. 83.53 30,489.19
12-30-19 01-02-20 1,295 CSX Corporation 72.58 93,989.15
08-16-19 08-20-19 2,325 General Electric Co. 8.53 19,827.59
06-15-19 06-17-19 125,000 Home Depot,Inc. 100.00 125,000.00
2.000%Due 06-15-19
03-15-19 03-15-19 125,000 .B Hunt Transport Services,Inc. 100.00 125,000.00
2.400%Due 03-15-19
01-15-19 01-15-19 125,000 Kroger Company 100.00 125,000.00
2.300%Due 01-15-19
08-09-19 08-09-19 0 Occidental Petroleum 45.09 2.48
08-16-19 08-20-19 205 Occidental Petroleum 44.46 9,128.96
08-16-19 08-20-19 37 Occidental Petroleum 44.46 1,630.61
02-06-19 02-07-19 86,000 Schwab Govt Money Fund Investor 1.00 86,000.00
Shares
08-14-19 08-15-19 125,000 Schwab Govt Money Fund Investor 1.00 125,000.00
Shares
08-15-19 08-16-19 145,000 Schwab Govt Money Fund Investor 1.00 145,000.00
Shares
08-22-19 08 23 19 125,000 Schwab Govt Money Fund Investor 1.00 125,000.00
Shares
08-29-19 08-30-19 165,000 Schwab Govt Money Fund Investor 1.00 165,000.00
Shares
09-12-19 09-13-19 110,000 Schwab Govt Money Fund Investor 1.00 110,000.00
Shares
10-02-19 10-03-19 75,000 Schwab Govt Money Fund Investor 1.00 75,000.00
Shares
12-27-19 12-30-19 160,000 Schwab Govt Money Fund Investor 1.00 160,000.00
Shares
11-15-19 11-19-19 375 Snap On,Inc. 164.06 61,521.12
02-15-19 02-15-19 125,000 Union Pacific Corp. 100.00 125,000.00
2.250%Due 02-15-19
02-14-19 02-19-19 450 Wabtec Corporation 72.59 32,664.05
02-26-19 02-26-19 1 Wabtec Corporation 64.31 35.69
03-13-19 03-15-19 12 Wabtec Corporation 72.23 866.73
05-30-19 05-30-19 125,000 Walt Disney Company 100.00 125,000.00
1.850%Due 05-30-19
12-30-19 01-02-20 95 Waste Management,Inc. 113.67 10,798.43
2,109,753.24
2
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Garrison Asset Management •
REALIZED GAINS AND LOSSES
City of Fayetteville Police Pension and Relief Fund
Charles Schwab #2448-5630
From 01-01-19 Through 12-31-19
Gain Or Loss
Open Close Cost Anion.or
Date Date Quantity Security Basis Accretion Proceeds Short Term Long Term
09-22-14 01-15-19 125,000 Kroger Company 125,297.84 -297 84 125,000.00 0.00
2.300%Due 01-15-19
02-06-19 86,000 Schwab Govt Money Fund 86,000.00 86,000.00 0.00*
Investor Shares
03-12-15 02-14-19 450 Wabtec Corporation 42,137.64 32,664.05 -9,473.59
11-06-14 02-14-19 120 Alliance Data Systems 34,077.36 20,169 72 -13,907.64
Corporation
12-31-14 02-15-19 125,000 Union Pacific Corp. 127,142.50 -2,142.50 125,000.00 0.00
2 250%Due 02-15-19
12-09-09 02-26-19 I Wabtec Corporation 77.79 35.69 -42.10
12-09-09 03-13-19 12 Wabtcc Corporation 1,681.86 866.73 -815.13
05-08-15 03-15-19 125,000 JB Hunt Transport Services, 127,201.62 -2,201.62 125,000.00 0.00
Inc.
2.400%Due 03-15-19
12-31-14 05-30-19 125,000 Walt Disney Company 124,862.50 137.50 125,000.00 0.00
1.850%Due 05-30-19
01-26-17 06-15-19 125,000 Home Depot,Inc. 126,232.50 -1,232,50 125,000.00 0.00
2.000%Due 06-15-19
01-25-17 06-15-19 125,000 3M Company 125,732.93 -732.93 125,000.00 0.00
1.625%Due 06-15-19
03-19-15 06-21-19 200 C.H.Robinson Worldwide, 14,970.69 16,706.41 1,735.72
Inc.
03-19-15 06-21-19 100 C.H.Robinson Worldwide, 7,483.35 8,353.20 869.85
110
Inc.
03-19-15 06-21-19 365 C.H.Robinson Worldwide, 27,314.21 30,489.19 3,174.98
Inc.
10-14-14 08-09-19 700 Anadarko Petroleum 41,300.00 41,300.00 0.00
Corporation
12-31-14 08-09-19 125 Anadarko Petroleum 7,375.00 7,375.00 0.00
Corporation
10-14-14 08-09-19 0 Occidental Petroleum 5.16 2.48 -2.68
08-14-19 125,000 Schwab Govt Money Fund 125,000.00 125,000.00 0.00*
Investor Shares
08-15-19 145,000 Schwab Govt Money Fund 145,000.00 145,000.00 0.00*
Investor Shares
10-14-14 08-16-19 205 Occidental Petroleum 19,264.99 9,128.96 -10,136.03
12-31-14 08-16-19 37 Occidental Petroleum 2,859.95 1,630.61 -1,229.34
12-09-09 08-16-19 2,325 General Electric Co. 43,651.90 19,827.59 -23,824.31
08-22-19 125,000 Schwab Govt Money Fund 125,000.00 125,000.00 0.00*
Investor Shares
08-29-19 165,000 Schwab Govt Money Fund 165,000.00 165,000.00 0.00'
Investor Shares
09-12-19 110,000 Schwab Govt Money Fund 110,000.00 110,000.00 0.00'
Investor Shares
10-02-19 75,000 Schwab Govt Money Fund 75,000.00 75,000.00 0.00'
Investor Shares
09-21-18 11-15-19 375 Snap On,Inc. 70,653.56 61,521.12 -9,132.44
12-27-19 160,000 Schwab Govt Money Fund 160,000.00 160,000.00 0.00'
Investor Shares
05-09-14 12-30-19 1,295 CSX Corporation 37,394.16 93,989.15 56,594.99
03-05-14 12-30-19 160 Abbott Laboratories 6,410.35 13,894.91 7,484.56
1 III
•
Garrison Asset Management
REALIZED GAINS AND LOSSES
City of Fayetteville Police Pension and Relief Fund
Charles Schwab #2448-5630
From 01-01-19 Through 12-31-19
Gain Or Loss
Open Close Cost Amort.or
Date Date Quantity Security Basis Accretion Proceeds Short Term Long Term
04-02-14 12-30-19 95 Waste Management,Inc. 4,009.68 10.798.43 6,788.75
TOTAL GAINS 0 00 76,648.85
TOTAL LOSSES 0 00 68,563.26
2,108,137.54 -6,469.89 2,109,753.24 0.00 8,085.59
TOTAL REALIZED GAIN/LOSS 8,085.59
CAPITAL GAIN DISTRIBUTIONS
12-13-19 Oppenheimer Developing 278.41
Mkts A
12-13-19 Oppenheimer Developing 2,987.29
Mkts A
TOTAL DISTRIBUTIONS 3,265.70 278.41 2,987.29
278.41 11,072.88
TOTAL GAIN/LOSS 11,351.29
An"'denotes an average cost transaction.
•
• 2
Garrison Asset Management
PERFORMANCE SUMMARY .
GROSS OF FEES
City of Fayetteville Police Pension and Relief Fund
Charles Schwab#2448-5630
December 31, 2019
PORTFOLIO COMPOSITION CHANGE IN PORTFOLIO
Market Pet.
Value Assets Yield
Cash&Equivalents 121,123.66 2.0 0.1 Portfolio Value on 12-31-18 5,589,500.62
Money Market
291,000.00 4.8 1.7 Accrued Interest 8,958.23
Account Fixed 1,785,986.48 29.5 2.4 Net Additions/Withdrawals -528,723.05
Income 6,519.34
Account Equities 3,859,926.10 63.7 2.2 Realized Gains 794,559.34
Account 0.00 0.0 Unrealized Gains
Commodities 135,012.08
Income Received
Change in Accrued Interest 2,439.64
Portfolio Value on 12-31-19 6,046,638.37
Accrued Interest 11,397.87
Total 6,058,036.24 100.0 2.2 6,058,036.24
TIME WEIGHTED RETURN
Annualized III
Quarter Last 12 Inception
To Date Months To Date
Account 4.63 18.64 6.43
40%Fixed Income/60% 5.54 21.30 8.16
Equity Blended Index
Account Fixed Income 0.86 6.26 2.56
Barclays Capital Intermed 0.38 6.80 2.49
Govt/Credit
Account Equities 6.74 27.61 9.15
S&P 500 9.07 31.49 11.77
All"Account" returns refer to your portfolio. Benchmark indexes are also listed for reference. All returns are reported as
percentages.
This report is calculated using industry-standard accounting and performance calculation methodologies and is generated by our Axys
portfolio accounting software. Calculations are a time-weighted total return series based on monthly valuations, including all cash •
and equivalents. All calculations are done based on trade date, employing the accrual method of accounting and include cash,
interest, dividends and realized and unrealized gains and losses. Performance is adjusted to accurately reflect portfolio deposits and
withdrawals. Results are presented after transaction costs but before management fees. Inception-to-date returns are annualized
numbers,except for accounts under management less than one year. Unsupervised assets are excluded in performance calculation.
At any given point in time an investment may be worth more or less than the original purchase price.
•
#0,1
GARRISON
ASSET MANAGEMENT
January 6,2020
City of Fayetteville Police Pension and Relief Fund
Charles Schwab#2448-5630
113 West Mountain
Fayetteville,AR 72701
STATEMENT OF MANAGEMENT FEES
•
For The Period October 1 through December 31,2019
Portfolio Value as of 09-30-19 5,873,758
Portfolio Value as of 10-31-19 5,847,815
Portfolio Value as of 11-30-19 5,950,972
Portfolio Value as of 12-31-19 6,058,036
Average of 4 Months 5,932,645
5,932,645 @e 0.5000%per annum 7,416
Quarterly Management Fee 7,416
TOTAL DUE AND PAYABLE 7,416
This statement is for informational purposes only. As you requested, the fee will be automatically
• deducted from your account. Please be advised that it is the responsibility of the client to verify the
accuracy of each fee calculation. The custodian will not determine whether the fee is properly calculated.
0111 GARRISON
)141) ASSET MANAGEMENT 0
April 3, 2020
Ms. Kara Paxton
City of Fayetteville
113 West Mountain Street
Fayetteville,Arkansas 72701-6069
Dear Ms. Paxton,
Enclosed are your quarterly reports for the quarter ended March 31,2020.
We hope this letter finds you and your family safe and healthy. The challenges our country is facing over the
coming months are nothing short of astounding. With every ounce of our being we know we will prevail, but
our country, as well as most of the world, will experience hardship not seen in decades. We feel this situation
is very much like war time with our frontline soldiers being our healthcare workers as well as those who
continue to go to work to keep our citizens supplied with the basic needs such as food and medicine. Our
thoughts and prayers are with everyone affected by this virus and all the frontline warriors.
We started the year with economic activity on the uptrend, the stock market continuing its 2019 gains,
employment high and interest rates low. Stocks continued their march upward with the S&P 500 hitting a
peak on February 19th.As the reality of the virus became bleaker by the day, investors ran for the exit doors all
at once. The index shaved off over -30% in the following four weeks in the most vicious correction we have •
ever experienced. Large capitalization stocks fared best with the S&P 500 down -19.02% for the quarter.
Smaller companies as measured by the mid and small cap indexes were down -29.70% and -30.62%
respectively. Stock markets around the globe also retreated with the EAFE index declining -23%. Energy once
again was the worst sector down over -50% as the Russians and Saudis decided to have a price war in the
middle of the largest demand destruction event in modern history. Every sector recorded steep losses, but
technology and healthcare were down the least retreating-12.22%and-13.07%respectively.
It wasn't only stocks that investors were shunning. Areas in the fixed income markets saw sharp price declines
as well. High grade bonds lost -3.35%, and municipal bonds were down — .63%. High yield/junk debt, the
riskiest part of the fixed income markets, dropped by -12.68% as a large amount of this sector belongs to
companies in the oil and gas industry. When things get tough, investors clamor for the safety of U.S.
Government bonds,which posted gains of+5.25%. The Barclays intermediate government/credit index ended
the quarter up+2.40%thanks to its overweighting in government debt.
Things that have and will continue to help stabilize the markets are government intervention, COVID19 "curve
flattening and therapeutics/vaccines. Our government has intervened in a big way and we expect more to
come.Three stimulus packages are already in the books and they're already discussing a fourth. This will most
definitely help bridge the gap of the economic chasm we have never before experienced. There has been
some early evidence of curve flattening, and we know if we all do our part this will continue. The best medical
minds on the planet are working on treatments, rapid testing and vaccines and we expect to see further good
news on this front.
•
Although the economic data have yet to confirm it,the U.S.ended its record long 128-month expansion and
entered a recession in March. The economic numbers we will see over the coming weeks and months will be
jaw dropping. How deep and long it will last is still a big unknown. The longer the economy is shut down and
people are not allowed to go about their normal life, the longer it will take us to recover from this gut punch.
Markets always look ahead and stocks bottom well before the worst headlines have hit the newsstands and
before a recession is over.
This unprecedented event will no doubt trigger changes in the way live and the way businesses run. Consumer
behavior and global supply chains will be altered which will spark new products and services. Key manufacturing
sectors,particularly those involving pharmaceuticals and related raw materials,are likely to return to the United
States. Other critical infrastructure like 5G broadband, electronics, and national security related components
are also likely to see considerable onshoring in the coming years. Some industries will move away from so called
"just-in-time" inventory pipelines, which will lessen sudden supply shocks. Currently,one single decouple point
in the supply chain disrupts both upstream and downstream suppliers and ripples quickly world-wide. These
changes will play out over the coming months and years.
The extraordinary steps the U.S. Government and the Fed is taking to ward off catastrophic economic hardship
to millions of Americans will come at a cost, but unfortunately the short-term needs far outweigh the longer-
term ramifications. Keeping people employed and the economy afloat while the vast majority of our population
is sheltering at home will cost trillions. This added borrowing to an already bloated $23 trillion in national debt
will have to be addressed once this crisis is behind us. It will have a lasting impact on our economy and future
generations.
We know the recent market volatility is scary. To be frank, it's very unsettling to those of us in the financial
industry too. This is when we must take a deep breath and step back from the daily news headlines that
constantly bombard us with the daily ups and downs in the stock market and the tragic human suffering. Our
team has been through what we consider three "once in a lifetime"events: 1)the bursting of the tech bubble
and the terrorist attacks of 9-11 in the 2001-2003 time-frame, 2)the banking/financial crisis of 2008-2009, and
now 3)this global pandemic. Through the prior two we stuck to our investment philosophy and will during this
one as well. Our investment philosophy is such that we place great importance on balance sheet strength. We
do not invest in companies with a risk/reward profile of boom or bust. We focus on solid companies with long
track records of operation and which tend to create shareholder value and weather turbulent economic and
financial market conditions. We cannot guarantee performance or when the market will bottom and start to
recover but we can say that this crisis will not kill capitalism or destroy our financial system.
As always, we are grateful for your business and for your confidence and resolve in getting through this current
crisis together with the team at Garrison. We will continue to make considered and well thought out decisions
relating to your investments and our own as well. Conversely, we will avoid reactionary and ill-conceived
decisions that are not likely to be productive long-term. We are glad to be part of this journey with you and
will remain diligently focused on our mission.
Cordially,
Kerry Bradley, CFA, MBA
Equity Portfolio Manager
Garrison Asset Management
605 W.Dickson Street, Suite 201 •Fayetteville,Arkansas 72701
479-587-1045• 888-442-7637. 479-587-1257 Facsimile•www.GarrisonFinancial.com
•
071
GARRISON
ASSET MANAGEMENT
City of Fayetteville Police Pension and Relief Fund
Charles Schwab #2448-5630
Quarter Ending March 31, 2020
•
•
PORTFOLIO SUMMARY
City of Fayetteville Police Pension and Relief Fund
Charles Schwab #2448-5630
March 31, 2020
•
3.1% 2.3%
36.8% Cash &Equivalents 155,877.71
57.8% Money Market 115,000.00
Account Fixed Income 1,835,140.63
Account Equities 2,885,986.58
Garrison Asset Management 0
PORTFOLIO APPRAISAL
City of Fayetteville Police Pension and Relief Fund
Charles Schwab#2448-5630
March 31, 2020
Adj Unit Total Adjusted Market Pct. Unit Annual
Quantity Security Cost Cost Price Value Assets Income Income Yield
CASH AND EQUIVALENTS
Schwab Bank Sweep 155,877.71 155,877.71 3.1 0.010 15.59 0.0
155,877.71 155,877.71 3.1 15.59 0.0
TRADED-MONEY MARKET
115,000 Schwab Govt Money 1.00 115,000.00 1.00 115,000.00 2.3 0.003 402.50 0.3
Fund Investor Shares
115,000.00 115,000.00 2.3 402.50 0.3
CERTIFICATE OF DEPOSIT
100,000 Capital One Bank USA 97.44 97,440.00 100.49 100,491.80 2.0 1.750 1,750.00 1.0
1.750%Due 11-23-20
Accrued Interest 618.49 0.0
97,440.00 101,110.29 2.0 1,750.00 1.0
CORPORATE BONDS
125,000 Berkshire Hathaway 100.61 125,756.71 100.50 125,619.12 2.5 2.900 3,625.00 2.0
Financial
2.900%Due 10-15-20
125,000 AT&T,Inc. 100.14 125,174.47 100.82 126,020.75 2.5 3.000 3,750.00 2.6
3.000%Due 02-15-22 el125,000 Sysco Corporation 100.77 125,965.77 96.22 120,276.75 2.4 2.600 3,250.00 4.5
2.600%Due 06-12-22
125,000 Oracle Corp. 100.62 125,770.85 102.25 127,817.25 2.6 2.500 3,125.00 1.6
2.500%Due 10-15-22
125,000 Intel Corporation 101.12 126,405.93 103.63 129,535.75 2.6 2.700 3,375.00 1.3
2.700%Due 12-15-22
110,000 Nike,Inc. 101.22 111,343.04 101.10 111,212.86 2.2 2.250 2,475.00 1.9
2.250%Due 05-01-23
125,000 Apple Inc. 101.05 126,313.16 103.83 129,781.75 2.6 2.400 3,000.00 1.1
2.400%Due 05-03-23
125,000 Procter&Gamble 103.79 129,736.48 105.21 131,508.62 2.6 3.100 3,875.00 1.5
Company
3.100%Due 08-15-23
110,000 JB Hunt Transport 106.64 117,301.10 103.75 114,122.80 2.3 3.875 4,262.50 3.2
Services,Inc.
3.875%Due 03-01-26
110,000 Kroger Company 105.29 115,815.33 104.60 115,057.80 2.3 3.700 4,070.00 3.0
3.700%Due 08-01-27
60,000 Laboratory Corporation 106.03 63,619.75 100.69 60,414.36 1.2 3.600 2,160.00 3.5
of America Holdings
3.600%Due 09-01-27
110,000 General Dynamics 103.29 113,620.53 101.47 111,612.27 2.2 2.625 2,887.50 2.4
Corporation
2.625%Due 11-15-27
100,000 PepsiCo,Inc. 104.88 104,884.08 104.18 104,176.20 2.1 2.625 2,625.00 2.1
2.625%Due 07-29-29
110,000 FedExCorporation 100.14 110,159.12 98.72 108,593.98 2.2 3.100 3,410.00 3.3
3.100%Due 08-05-29
Accrued Interest 11,616.07 0.2
1,621,866.34 1,627,366.34 32.6 45,890.00 2.4
CONVERTIBLE PREFERRED
300 Bunge 4.875%Cony. 108.63 32,588.95 93.00 27,900.00 0.6 4.875 1,462.50 5.2
Pfd. •
32,588.95 27,900.00 0.6 1,462.50 5.2
I
• Garrison Asset Management
PORTFOLIO APPRAISAL
City of Fayetteville Police Pension and Relief Fund
Charles Schwab #2448-5630
March 31, 2020
Adj Unit Total Adjusted Market Pct. Unit Annual
Quantity Security Cost Cost Price Value Assets Income Income Yield
COMMON STOCK
300.0000 3M Company 164.93 49,479.55 136.51 40,953.00 0.8 5.880 1,764.00 4.3
1,680.0000 AT&T,Inc. 28.24 47,439.74 29.15 48,972.00 1.0 2.080 3,494.40 7.1
655.0000 AbbVie,Inc. 66.58 43,609.18 76.19 49,904.45 1.0 4.720 3,091.60 6.2
1,100.0000 Abbott Laboratories 39.56 43,518.88 78.91 86,801.00 1.7 1.440 1,584.00 1.8
465.0000 Accenture Plc. 90.81 42,224.97 163.26 75,915.90 1.5 3.200 1,488.00 2.0
600.0000 Akamai Technologies, 55.76 33,454.45 91.49 54,894.00 1.1 0.000 0.00 0.0
Inc.
295.0000 Amgen,Inc. 114.33 33,727.26 202.73 59,805.35 1.2 6.400 1,888.00 3.2
375.0000 Ansys,Inc. 75.67 28,377.71 232.47 87,176.25 1.7 0.000 0.00 0.0
350.0000 Apple,Inc. 71.44 25,005.45 254.29 89,001.50 1.8 3.080 1,078.00 1.2
785.0000 AptarGroup,Inc. 63.47 49,825.05 99.54 78,138.90 1.6 1.440 1,130.40 1.4
125.0000 AutoZone,Inc. 516.09 64,511.70 846.00 105,750.00 2.1 0.000 0.00 0.0
1,350.0000 BCE,Inc. 24.40 32,934.20 40.86 55,161.00 1.1 3.400 4,590.00 8.3
250.0000 Becton,Dickinson& 113.97 28,491.99 229.77 57,442.50 1.2 3.160 790.00 1.4
Company
215.0000 Broadcom,Inc. 239.03 51,390.42 237.10 50,976.50 1.0 13.000 2,795.00 5.5
580.0000 Broadridge Financial 41.33 23,972.18 94.83 55,001.40 1.1 2.160 1,252.80 2.3
Solutions,Inc.
1,368.0000 Brown-Forman 35.52 48,596.98 55.51 75,937.68 1.5 0.700 957.60 1.3
• Corporation Class B
585.0000 Check Point Software Tech Ltd. 85.44 49,979.59 100.54 58,815.90 1.2 0.000 0.00 0.0
1,445.0000 Cisco Systems,Inc. 19.70 28,470.99 39.31 56,802.95 1.1 1.440 2,080.80 3.7
1,400.0000 Coca-Cola Company 30.98 43,374.60 44.25 61,950.00 1.2 1.640 2,296.00 3.7
1,150.0000 ConocoPhillips 55.58 63,918.42 30.80 35,420.00 0.7 1.680 1,932.00 5.5
460.0000 Deere&Co. 87.76 40,370.67 138.16 63,553.60 1.3 3.040 1,398.40 2.2
500.0000 Disney,Walt Company 110.91 55,454.90 96.60 48,300.00 1.0 1.760 880.00 1.8
550.0000 Eastman Chemical 85.25 46,885.10 46.58 25,619.00 0.5 2.640 1,452.00 5.7
Company
3,865.0000 Huntington Bancshares, 13.05 50,444.36 8.21 31,731.65 0.6 0.600 2,319.00 7.3
Inc.
305.0000 IPG Photonics 120.18 36,654.02 110.28 33,635.40 0.7 0.000 0.00 0.0
Corporation
1,205.0000 Intel Corporation 20.53 24,744.12 54.12 65,214.60 1.3 1.320 1,590.60 2.4
560.0000 Johnson&Johnson 64.70 36,229.62 131.13 73,432.80 1.5 3.800 2,128.00 2.9
365.0000 Kimberly-Clark 107.07 39,079.82 127.87 46,672.55 0.9 4.280 1,562.20 3.3
Corporation
395.0000 Laboratory Corp. 125.86 49,715.75 126.39 49,924.05 1.0 0.000 0.00 0.0
America Holdings
675.0000 Lincoln Electric 67.20 45,360.12 69.00 46,575.00 0.9 1.960 1,323.00 2.8
Holdings,Inc.
640.0000 Medtronic Plc. 77.60 49,662.77 90.18 57,715.20 1.2 2.160 1,382.40 2.4
1,100.0000 Merck&Co.,Inc. 51.39 56,525.78 76.94 84,634.00 1.7 2.440 2,684.00 3.2
530.0000 Pepsico,Inc. 93.75 49,690.09 120.10 63,653.00 1.3 3.820 2,024.60 3.2
500.0000 PerkinElmer,Inc. 97.03 48,515.80 75.28 37,640.00 0.8 0.280 140.00 0.4
630.0000 Phillips 66 72.18 45,473.90 53.65 33,799.50 0.7 3.600 2,268.00 6.7
775.0000 Procter&Gamble 59.42 46,048.64 110.00 85,250.00 1.7 2.980 2,309.50 2.7
Company
1,735.0000 Raven Industries,Inc. 27.63 47,944.70 21.23 36,834.05 0.7 0.520 902.20 2.4
425.0000 Rockwell Automation, 165.23 70,220.77 150.91 64,136.75 1.3 4.080 1,734.00 2.7
Inc.
710.0000 Texas Instruments,Inc. 58.53 41,559.80 99.93 70,950.30 1.4 3.600 2,556.00 3.6
710.0000 Ventas,Inc. 73.52 52,195.91 26.80 19,028.00 0.4 3.170 2,250.70 11.8
• 405.0000 VeriskAnalytics,Inc. 81.80 33,129.52 139.38 56,448.90 1.1 1.080 437.40 0.8
830.0000 Wa1Mart,inc. 62.11 51,549.08 113.62 94,304.60 1.9 2.160 1,792.80 1.9
2
Garrison Asset Management •
PORTFOLIO APPRAISAL
City of Fayetteville Police Pension and Relief Fund
Charles Schwab #2448-5630
March 31, 2020
Adj Unit Total Adjusted Market Pct. Unit Annual
Quantity Security Cost Cost Price Value Assets Income Income Yield
700.0000 Waste Management,Inc. 42.21 29,545.01 92.56 64,792.00 1.3 2.180 1,526.00 2.4
750.0000 Xylem,Inc. 64.30 - 48,222.64 65.13 48,847.50 1.0 1.040 780.00 1.6
1,927,526.20 2,587,512.73 51.8 67,653.40 2.6
MUTUAL FUNDS
3,748.040 Dodge&Cox Intl Stk 45.17 169,317.47 30.30 113,565.61 2.3 1.710 6,409.15 5.6
3,822.559 Oppenheimer 41.00 156,706.17 35.73 136,580.03 2.7 0.110 420.48 0.3
Developing Mkts A
326,023.64 250,145.65 5.0 6,829.63 2.7
UNIT TRUSTS
2,340 FT Energy Income& 34.20 80,032.95 8.73 20,428.20 0.4 2.320 5,428.80 26.6
Growth
3,350 iShares S&P US Pfd Stk 38.34 128,422.50 31.84 106,664.00 2.1 1.970 6,599.50 6.2
�208,455.45 127,092.20 2.5 12,028.30 9.5
TOTAL PORTFOLIO 4,484,778.29 4,992,004.92 100.0 136,031.92 2.6
•
You should carefully compare this statement to the statement you receive from your custodian and notify us immediately of any discrepancies. III
3
• Garrison Asset Management
PURCHASE AND SALE
City of Fayetteville Police Pension and Relief Fund
Charles Schwab #2448-5630
From 01-01-20 To 03-31-20
Trade Settle Unit
Date Date Quantity Security Price Amount
PURCHASES
02-18-20 02-20-20 100,000 PepsiCo,Inc. 104.94 104,940.00
2.625%Due 07-29-29
01-30-20 01-31-20 95,000 Schwab Govt Money Fund Investor 1.00 95,000.00
Shares
199,940.00
SALES
03-13-20 03-17-20 50.0000 Amgen,Inc. 195.77 9,788.63
03-11-20 03-13-20 275.0000 Goldman Sachs Group, Inc. 175.77 48,337.88
03-11-20 03-13-20 800.0000 National Oilwell Varco 10.95 8,760.29
02-04-20 02-05-20 76,000 Schwab Govt Money Fund Investor 1.00 76,000.00
Shares
02-18-20 02-19-20 140,000 Schwab Govt Money Fund Investor 1.00 140,000.00
Shares
III03-03-20 03-04-20 55,000 Schwab Govt Money Fund Investor 1.00 55,000.00
Shares
03-24-20 03-26-20 465.0000 Valmont Industries,Inc. 95.45 44,384.57
03-13-20 03-17-20 50.0000 Verisk Analytics,Inc. 138.27 6,913.60
03-13-20 03-17-20 100.0000 Waste Management,Inc. 101.80 10,179.78
03-13-20 03-17-20 650 iShares S&P US Pfd Stk 32.55 21,159.63
420,524.38
•
Garrison Asset Management •
REALIZED GAINS AND LOSSES
City of Fayetteville Police Pension and Relief Fund
Charles Schwab #2448-5630
From 01-01-20 Through 03-31-20
Gain Or Loss
Open Close Cost Amort.or
Date Date Quantity Security Basis Accretion Proceeds Short Term Long Term
02-04-20 76,000 Schwab Govt Money Fund 76,000.00 76,000.00 0.00*
Investor Shares
02-18-20 140,000 Schwab Govt Money Fund 140,000.00 140,000.00 0.00*
Investor Shares
03-03-20 55,000 Schwab Govt Money Fund 55,000.00 55,000.00 0.00*
Investor Shares -12,042.44
06-26-17 03-11-20 275.0000 Goldman Sachs Group,Inc. 60,380.32 48,337.88
07-24-14 03-11-20 800.0000 National Oilwell Varco 68,280.15 8,760.29 -59,519.8610,179.78 5,959.06
04-02-14 03-13-20 100.0000 Waste Management,Inc. 4,220.72
10-22-13 03-13-20 650 iShares S&P US Pfd Stk 24,917.80 21,159.63 -3,758.17
6,913.60 2,823.54
09-13-16 03-13-20 50.0000 Verisk Analytics,Inc. 4,090.06 9,788.63 4,072.15
05-22-14 03-13-20 50.0000 Amgen,Inc. 5,716.48
12-31-14 03-24-20 465.0000 Valmont Industries,Inc. 59,797.26 44,384.57 -15,412.69
LOSSES 0.00 12,854.75
TOTAL LOSSES TOTAL 0.00 -90,733.16
498,402.79 0.00 420,524.38 0.00 -77,878.41
TOTAL REALIZED GAIN/LOSS -77,878.41
NO CAPITAL GAINS DISTRIBUTIONS
An"'denotes an average cost transaction.
•
Gamson Asset Management
PERFORMANCE SUMMARY
O GROSS OF FEES
City of Fayetteville Police Pension and Relief Fund
Charles Schwab #2448-5630
March 31, 2020
PORTFOLIO COMPOSITION CHANGE IN PORTFOLIO
Market Pct.
Value Assets Yield
Cash&Equivalents 155,877.71 3.1 0.0 Portfolio Value on 12-31-19 6,046,638.37
Money Market 115,000.00 2.3 0.3 Accrued Interest
Account Fixed 1,835,140.63 36.8 2.5 Net Additions/Withdrawals11,397.87
Income -217,620.98
Account Equities 2,885,986.58 57.8 2.8 Realized Gains
-58,744.07
Account
0.00 0.0 - Unrealized Gains -822,293.61
Commodities
Income Received 31,790.65
Change in Accrued Interest 836.69
Portfolio Value on 03-31-20 4,979,770.36
Accrued Interest 12,234.56
Total 4,992,004.92 100.0 2.6 4,992,004.92
elTIME WEIGHTED RETURN
Annualized
Quarter Last 12 Inception
To Date Months To Date
Account -14.45
-6.21 3.30
40%Fixed Income/60% -11.15 -1.16 5.60
Equity Blended Index
Account Fixed Income -1.15 2.59 2.25
Barclays Capital Intermed 2.40 6.90 2.81
Govt/Credit
Account Equities -21.45 -10.83 4.27
S&P 500 -19.60 -6.98 7.10
All"Account"returns refer to your portfolio. Benchmark indexes are also listed for reference. All returns are reported as
percentages.
0 This report is calculated using industry-standard accounting and performance calculation methodologies and is generated by our Axys
portfolio accounting software. Calculations are a time-weighted total return series based on monthly valuations, including all cash
and equivalents. All calculations are done based on trade date, employing the accrual method of accounting and include cash,
interest, dividends and realized and unrealized gains and losses. Performance is adjusted to accurately reflect portfolio deposits and
withdrawals. Results are presented after transaction costs but before management fees. Inception-to-date returns are annualized
numbers, except for accounts under management less than one year. Unsupervised assets are excluded in performance calculation.
At any given point in time an investment may be worth more or less than the original purchase price.
#111111:00,
GARRISON
ASSET MANAGEMENT
April 6,2020
City of Fayetteville Police Pension and Relief Fund
Charles Schwab#2448-5630
113 West Mountain
Fayetteville,AR 72701
STATEMENT OF MANAGEMENT FEES
•
For The Period January 1 through March 31,2020
Portfolio Value as of 12-31-19 6,058,036
Portfolio Value as of 01-31-20 5,971,102
Portfolio Value as of 02-29-20 5,569,699
Portfolio Value as of 03-31-20 4,992,005
Average of 4 Months 5,647,710
5,647,710 @ 0.5000%per annum 7,060
Quarterly Management Fee 7,060
TOTAL DUE AND PAYABLE 7,060
This statement is for informational purposes only. As you requested, the fee will be automatically •
deducted from your account. Please be advised that it is the responsibility of the client to verify the
accuracy of each fee calculation. The custodian will not determine whether the fee is properly calculated.
Policemen's Pension and Relief Fund
Board of Trustees Minutes
October 17,2019
• Page 1 of 5
Lioneld Jordan Chairman / ` \i', Ruston Cole Retired Position 2
ir
Sandra Smith Treasurer f Sil - ' - e John Brown Retired Position 3
Eldon Roberts Secretary �^ Melvin Stanley Retired Position 4
Retired Position 1 ° C
n _ y-''I Frank Johnson Retired Position 5
!!au 4
Policemen's Pension and Relief Fund
Board of Trustees Meeting Minutes
October 17,2019
A meeting of the Fayetteville Policemen's Pension and Relief Fund Board of Trustees was held
on October 17, 2019 at 3:00 p.m. in Room 326 of the City Administration Building located at 1 13
West Mountain Street, Fayetteville, Arkansas.
Mayor Jordan called the meeting to order.
Board Members Present: Ruston Cole, Eldon Roberts, Melvin Stanley, Frank Johnson
Mayor Jordan and Deputy City Clerk Lisa Branson.
1111 Staff and Others Present: City Attorney Kit Williams, Glenn Atkins,James Bell,and Kerry
Watkins-Bradley with Garrison Financial.
Absent: Frank Johnson
Garrison Financial:
2nd Quarter reports 2019
Kerry Watkins-Bradley,Garrison Financial Representative spoke about the information that had
been provided for the 2nd and 3rd Quarter of 2019. She went on to talk about the fact that the
market had been up. She explained that stocks and bonds were up and the YTD for the accounts
has gone up from $5.58 Million to $5.873 Million. She also stated that Garrison Financial could
lighten up on the equity if the Pensioners needed cash. She went on to explain there will be big
draws at the beginning of the year.
Glenn Atkins, Garrison Financial Representative spoke about bonds that had matured and
explained that these bonds were reinvested. He also went on to talk about the inverted yield curve
and went over graphs that Garrison Financial had provided. He stated they have tried to stay out
of the maturity range for purchases where there are low returns. He also went on to talk about the
rates of return for the 3rd quarter and further explained the figures on the graph. He stated that the
maturities are on index and there is a lot of money to work with in the 3rd quarter.
41 Kerry Watkins-Bradley: I think until we get all the trade issues settled, we will get more clarity.
We will try to get you invested for any type of market and I think long term is where we need to
be.
Policemen's Pension and Relief Fund
Board of Trustees Minutes
October 17,20
Page
5e 2 of 5
Glenn Atkins: Typically, with an inverted yield code like that it has been a harbinger for an
upcoming recession within 18 months to 2 years.
Kit Williams, City Attorney: Is it REITs you are buying a defensive mood? Similar to bonds?
Kerry Watkins-Bradley: It has a nice dividend yield but there is a growth component. What we
bought has a lot of health care properties in it. Typically, they are nice dividend yielders but there
is a component of growth to them.
Kit Williams: So, it can go down?
Kerry Watkins-Bradley: Absolutely.
Glenn Atkins, spoke about changes within the portfolio. He went on to explain AT&T bought
Time Warner and increase debt. He went on to explain how the ratings had changed when it came
to how these companies could use their capital.
Melvin Stanley, Board Member spoke about the numbers that were in the packet that Garrison
Financial provided. Melvin asked for clarification on the final number and asked about the
expenditures.
Kerry Watkins-Bradley, spoke about the expenditures and stated that happens at the end of the
year.
Paul Becker, Chief Financial Officer: spoke and further explained the mileage and how the
mileage might offset the expenditures.
James Bell, Garrison Financial Representative: If you look at those numbers again you see the
net additions and withdrawals of$446,000? That much has been pulled from the portfolio this
year to support pension payments since the beginning of the year. Because markets have been so
strong, we have more than made up for that in the balance. There is no guarantee that is going to
happen year end and year out.
Eldon Roberts, Board Member: Is the bond period of time 3 months?
Kerry Watkins-Bradley: I will do that when Shelly emails me and says that that we need so
much money by the 7th of October. We always like to keep a decent reserve just incase since you
all do draw so heavily.
Kristin Cavette, Accounting Department: When we cut the checks that is where that number is
coming from. We are telling her that is how much what we are going to spend so she looks to see
where we are at.
James Bell: Generally speaking, we make up the difference. There are some months where they
don't need any because there is plenty of tax revenue coming in.
Policemen's Pension and Relief Fund
Board of Trustees Minutes
October 17,2019
• Page 3 of'S
Eldon Roberts, Board Member: I think that is the way it should work. You all should keep the
money and keep it working for us as long as you can. As long as that works out for both sides that
is great. Has there been any number released on what the economy did for the 3rd quarter?
Kerry Watkins-Bradley: That will be out in a couple of weeks. I think it has softened. It will
still be positive from high ones to twos. Rates are very low here, they are high relative to other
places around the world. [ noticed reading down your agenda that you have Charles Schwab Letter
dated April 17, 2019. I did look at that and a lot of times Schwab sends letters out to our clients.
I called Schwab and it was just a notice on the commissions and transaction charges to buy mutual
funds. Commissions have gone to zero. So now when we place a trade on the equity side there is
no charge to the account. I also noticed the letter down here on the agenda Kahn, Swick & Foti,
LLC. I will tell you that has to do with class actions lawsuits. We always file those for our clients.
Last year we engaged a financial services firm to file those on your behalf and we are already
taking care of that for you guys.
Minutes:
Approval of the April 18. 2019 meeting minutes
John Brown moved to approve the January 17, 2019 meeting minutes. Eldon Roberts
seconded the motion. The motion passed with a 5-0 vote. Frank Johnson was absent.
Approval of the Pension List:
Approval of the November 2019,December 2019, January 2020, February 2020, March 2020,and
April 2020 Pension Lists
John Brown moved to approve the January 17,2019 meeting minutes. Ruston Cole seconded
the motion. The motion passed with a 5-0 vote. Frank Johnson was absent.
New Business:
Revenue and Expense Report 06/30/19 and 09/30/19
Lisa Branson, Deputy City Clerk: That is sent from Accounting to show you where you have
been through the years with Revenues and Expenses.
Police Pension Turnback 2019
Lisa Branson, Deputy City Clerk: That is information from Accounting.
• Kristin Cavette, Accounting Manager: This is the information we received for the annual
turnback.
Policemen's Pension and Relief Fund
Board of Trustees Minutes
October 17,2019
Page 4 of 5
Valuation/Consolidation Fayetteville Police forwarded from Accounting May 30,2019
Kristin Cavette, Accounting Manager: This is asking if they want the state to take it over.
Paul Becker, Chief Financial Officer: That is just your standard letter of what you want to do to
consolidate. It is too late to file it any way for this year but that is just apprising you of what you
need to do if you want to pursue consolidation.
Mayor Jordan: It starts with you all.
Paul Becker, Chief Financial Officer spoke about the consolidation process and explained the
procedures.
Melvin Stanley, Board Member spoke about his understanding of the process.
Eldon Roberts, Board Member: How would that work if we did merge? I have said time and
time again that something has to be done about this before we get to that point. There are too many
plans that are worse off than we are. Somethings going to have to play out. Isn't that what LOPFI •
is now?You don't know what that is going to be.
Paul Becker,Chief Financial Officer: LOPFI has a provision that says they cannot currently raise
it over one percent.
PRB Letter May 8,2019
Lisa Branson, Deputy City Clerk: This is the memo regarding fiduciary duties of the plans.
Charles Schwab Letter April 17, 2019
This item was discussed earlier in the meeting.
Kahn, Swick& Foti,LLC ("KFS")dated August 20, 2019
This item was discussed earlier in the meeting.
Informational:
Next Meeting—April 16,2020 •
Policemen's Pension and Relief Fund
Board of Trustees Minutes
October l 20
Pagee 5 5 of 5
Note: All meetings are tentative and subject to change. The City meetings calendar is located on
w‘ti v.th etteviIIc-ar.�ov
Adjourn: 3:35 p.m.
•
OFFICE OF THE CITY CLERK TREASURER
F-FArEr-
O re -.
4. ti
N.ondra E. Smith City t_lerk Treasurer i 6 1 hoe 479.:7;8,3?3
4111
I ,:a 8ran4�> ) : itv C itv( erk ( - ' � city cierkCg;fa}etteville �:r.go�
4gK4N5p°'.
113 W Mountain Street,Suite 308
Fayetteville,AR 72701
TO: Kristin Cavette, Accounting
Amy Slone, Accounting
FROM: Lisa Branson,Deputy City Clerk.� j
DATE: October 25, 2019 \`�(
RE: Richard Watson
Death Benefits Policemen's Pension
I am forwarding this memo to you so that you may pay death benefits to the above retired police
officer's estate. Mr. Watson was a member of the old pension plan. After speaking with the
Policemen's Pension&Relief Fund Board of Trustee, Eldon Roberts, it has been determined that
the following payment should be made: .
Pay to the estate of Richard Watson a sum of$200.00 for death benefits.
Death benefits are only paid to the retired Police Pensioner's surviving spouse or beneficiary upon
their death. When a surviving spouse or beneficiary of a Police Pensioner deceases, no death
benefit is paid.
•
Richard Watson
June 2, 1938 - October 23, 2019
Richard Watson, age 81, was born in Fayetteville, Arkansas on June 2, 1938, and passed
away on October 23, 2019 following a stroke. Richard was a lifelong resident of
Fayetteville and a 1956 graduate of Fayetteville High School. Watson served the citizens
of Fayetteville from 1966-2002 and more specifically as the Chief of Police from 1986-
2002. He was the longest tenured Police Chief in the history of the Fayetteville Police
Department.
While considered a hard man by many, Richard was fair, pragmatic, and passionately loyal
to his profession and the men and women who worked alongside him. He remained proud
of and grateful to the city of Fayetteville in which he lived, loved and served. Richard was
well known for his tenacious dedication to solving crime and protecting the citizens of
Fayetteville. His service and vision can still be seen today, 17 years after his retirement.
Chief Watson was co-founder of Bikes, Blues and BBQ, the world's largest charity
motorcycle rally that benefits women, children, and the underserved members of the
Northwest Arkansas community. Richard experienced more in his lifetime than most
people could ever imagine. His passions and hobbies were numerous, but he especially
enjoyed competitive shooting and won various awards for target, bench and trapshooting.
Chief Watson owned Watson's 45 Shop, making scrimshaw and knives under tutelage of
A.G. Russell and was a gifted woodworker making beautiful pieces for those he loved.
Most notably to his family and friends, Richard was known for his wonderful storytelling
and "dad"jokes.
Richard was preceded in death by his parents, Mefford and Eva (Bradshaw) Watson.
Richard is survived by his wife and partner of 27-years, Vicky Bloss-Watson of Springdale,
daughter Susan Watson Breese (husband Dale) of Springdale, first wife Sue Mounce of
Fayetteville, stepsons Clint Hanshew (wife Jana) of Springdale, Deen Hanshew (wife Lisa)
of Little Rock, and Mike Hanshew. Richard was also Papaw Richard to his grandchildren
Wendy, Ashley, Lindsey, Jani, Sydney, Jake, Alyssa, Miller, Devyn, Peyton and his great-
grandchildren Marley, Jade, Jonas, Sawyer, Noah, Taylor, Tallulah, Greyson and Vincent.
• The family will receive friends at Nelson Berna Funeral Home, Fayetteville, AR, on
Sunday October 27, 2019 from 3:00 — 5:00pm. A celebration of life and memorial service
for Richard will be held at Nelson-Berna Funeral Home in Fayetteville, Arkansas on
Monday. October 28, 2019, at 10am. Burial with Full Police Honors will follow at Fairview
Memorial Gardens, Fayetteville.
In lieu of flowers, the family requests that donations be made to the American Humane
Society.
To sign the online guestbook, please visit www.nelsonberna.com.
40
40
Cemetery
• Fairview Memorial Gardens
1728 East Mission
Fayetteville, AR, 72703
IP
III
900163
City of Fayetteville,Arkansas RECEIVED
POLICEMEN'S PENSION&RELIEF FUND AFFIDAVIT
ar Year: 2019
11111
JAN 2 # 231
STATE OF ,P /i/Al 5 ) CITY OF FAME TEVILIE
Ss: CITY CLERKS OFFICE
COUNTY OF Z,A.A.Silii 404C. )
I, aR� L. t.2td: ,do solemnly swear that I presently receive pension benefits
from the Policemen's Pension and Relief Fund and I am eligible to continue receiving pension benefits as governed under state law.
I am a former police officer for the Fayetteville Police Department.
0 I am the spouse/former spouse/widow of a former police officer of the Fayetteville Police Department,and that I have not
remarried since becoming eligible for benefits. 'ate of'Marriage with former police officer_ . _
0 I am an eligible dependent of a former police officer for the Fayetteville Police Department and have attached an affidavit
verifying my school attendance.
Mailing Address: 2a 5 7 S, C.Lt iNIE Ally tt+e_--. Pftttiz •t U..E I AR?�,l.' 1274 r
Mailing Address City State Zip
Home Phone Number:(t}79) 4412-2947 Cell Phone Number:479 )957-713a Birth date:_
R -t2-T 2
Emergency Contact: Los I State
Name Mailing Address City p
Home Phone Number:( ) !VA- Cell Phone Number:(47q ) 4$7-51 i q —
Please provide the following information concerning Your I.iigihte Spous, and children 23 years of age
•
or younger. If no be:IetIei:in exists %mite s. l under 'Same.
NAME BIRTH DATE RELATIONSHIP ELIGIBLE FOR BENEFIT
VA L. $La6.5-cu&tsdue 1111.111111111— 4,13iCo E► i YES 7 No
n y ENO
Ej YES I f NO
❑ YEs f No
DATED this 24 day o7-rZie._
AFFIANT(signature) t�
SUBSCRIBED AND SWORN to before me,a Notary Public,this cl.."t4 day of i9
Notary Public ,,�� x rr /, t if���'
My Commission Expires: �-(0 -1 1- •�'„4.!'pv. •,•l',%
If you have not already done so,please submit a copy of your marriage certificate,legal separation,divorce de$o$.C:L i red Po 1F
Relations Order,and Power of Attorney form. (This affidavit is required annually by the Policemen's Pens ion;fad Relii nd Bo tr(I
of Trustees and must be properly completed and returned to the Fayetteville City Clerk, 113 West Mountairf yetteiU AcrkanS 0
72701 by January 31 st each year) 10'ke:' 8:14•.',
POLICE PENSION FUND REVISED
Nov 2019 6800-9800 6800-9800
4
Month 11 Regular Mo 5335-00 5335-05
11
NAME Benefit YTD Reg Benefit Suppl. YTD Suppl. Future Hours Code
Supplement for Fut Supp
BAYLES, BOBBI J $ 1,587.41 $ 17,461.51 $ 50.00 $ 550.00 99820
BLACK,MILDRED $ 1,125.64 $ 12,382.04 $ 50.00 $ 550.00 99820
BRADLEY, GERALD $ 4,820.09 $ 53,020.99 $ 50.00 $ 550.00 99820
BRADLEY, RANDALL $ 2,860.17 $ 31,461.87 $ 50.00 $ 550.00 99820
BROWN, JOHN $ 4,362.01 $ 47,982.11 $ 50.00 $ 550.00 99820
CARROLL,RONALD L $ 2,106.04 $ 23,166.44 $ 50.00 $ 550.00 99820
COLE, RUSTON $ 3,065.74 $ 33,723.14 $ 50.00 $ 550.00 99820
DUGGER,GARY $ 3,163.74 $ 34,801.14 $ 50.00 $ 550.00 99820
FOSTER,BILLY D.dec 3/6/19 $ - $ 9.622.05 $ - $ 150.00 99820
FOSTER,MARTHA $ 3,207.35 $ 25,658.80 $ 50.00 $ 400.00 99820
FRIEND,JERRY $ 1,970.42 $ 21,674.62 $ 50.00 $ 550.00 99820
HANNA,JANICE $ 1,368.59 $ 15,054.49 $ - $ -
HANNA, MARK $ 1,368.59 $ 15,054.49 $ 50.00 $ 550.00 99820
HELDER,TIM $ 5,838.12 $ 64,219.32 $ 50.00 $ 550.00 99820
HOYT, RICK $ 7,460.01 $ 82,060.11 $ 50.00 $ 550.00 99820
HOYT,RICK Plus 25 add pay $ 272.01 $ 2,992.11
HUTCHENS, BERNICE $ 1,825.54 $ 20,080.94 $ 50.00 $ 550.00 99820
JOHNSON, FRANK $ 7,974.81 $ 87,722.91 $ 50.00 $ 550.00 99820
JOHNSON,JOYCE $ 2,455.50 $ 27,010.50 $ 50.00 $ 550.00 99820
JONES,BOB $ 3,300.45 $ 36,304.95 $ 50.00 $ 550.00 99820
JONES, MICHELE $ 1,182.26 $ 13,004.86
KILGORE, DONALD $ 2,046.48 $ 22,511.28 $ 50.00 $ 550.00 99820
MARTIN,CONNIE $ 3,692.85 $ 40,621.35 $ 50.00 $ 550.00 99820
MCCAWLEY, LARRY $ 1,694.79 $ 18,642.69 $ 50.00 $ 550.00 99820
4110 MITCHELL, MICHAEL $ 2,305.29 $ 25,358.19 $ 50.00 $ 550.00 99820
MUNSON,ANGELA $ 4,198.15 $ 46,179.65 $ 50.00 $ 550.00 99820
MURPHY, MARGARET $ 405.75 $ 4,463.25 $ 50.00 $ 550.00 99820
PERDUE, LARRY $ 2,322.67 $ 25,549.37 $ 50.00 $ 550.00 99820
PERSHALL, ROBIN $ 1,525.07 $ 16,775.77 $ - $ -
PHILLIPS,LINDA SUE $ 1.754.44 $ 19,298.84 $ 50.00 $ 550.00 99820
PRESTON, NORMAJ $ 1,601.37 $ 17,615.07 $ 50.00 $ 550.00 99820
RICKMAN, LOREN $ 2,231.07 $ 24,541.77 $ 50.00 $ 550.00 99820
RIGGINS,BONNIE $ 1,669.37 $ 18,363.07 $ 50.00 $ 550.00 99820
ROBERTS, ELDON $ 4,263.24 $ 46,895.64 $ 50.00 $ 550.00 99820
ROBERTS, ELDON Plus 25 add pay $ 587.09 $ 6,457.99 $ - $ -
ROBERTS, CAROLYN K $ 3,216.13 $ 35,377.43 $ -
ROBERTS,CAROLYN K Plus 25 add pay $ 442.89 $ 4,871.79 $ -
SCHUSTER,JOHN H. $ 3,117.36 $ 34,290.96 $ 50.00 $ 550.00 99820
STANLEY, MELVIN $ 4,880.07 $ 53,680.77 $ 50.00 $ 550.00 99820
SURLES,VELMA $ 2,721.40 $ 29,935.40 $ 50.00 $ 550.00
TAYLOR, DENNIS $ 2,063.93 $ 22,703.23 $ 50.00 $ 550.00 99820
WATSON, RICHARD dec 10/23/19 $ - $ 69,470.50 $ - $ 500.00 99820
Watson, Richard Plus 25 Add'I Pay $ - $ 9,487.60 $ - $ -
BLOSS-WATSON,VICKY $ 6,947.05 $ 6,947.05 $ - $ -
WILLIAMS,JOYCE $ 2,539.66 $ 27,936.26 $ 50.00 $ 550.00 99820
$ 117,540.61 $ 1,302,434.31 $1,700.00 $ 19,200.00 $ -
•
POLICE PENSION FUND REVISED
Dec 2019 6800-9800 6800-9800
Month 12 Regular Mo 5335-00 5335-05
12
NAME Benefit YTD Reg Benefit Suppl. YTD Suppl. Future Hours Code
Supplement for Fut Supp
BAYLES, BOBBI J $ 1,587.41 $ 19,048.92 $ 50.00 $ 600.00 99820
BLACK,MILDRED $ 1,125.64 $ 13,507.68 $ 50.00 $ 600.00 99820
BRADLEY,GERALD $ 4,820.09 $ 57,841.08 $ 50.00 $ 600.00 99820
BRADLEY,RANDALL $ 2,860.17 $ 34,322.04 $ 50.00 $ 600.00 99820
BROWN,JOHN $ 4,362.01 $ 52,344.12 $ 50.00 $ 600.00 99820
CARROLL,RONALD L $ 2,106.04 $ 25,272.48 $ 50.00 $ 600.00 99820
COLE. RUSTON $ 3,065.74 $ 36,788.88 $ 50.00 $ 600.00 99820
DUGGER,GARY $ 3,163.74 $ 37,964.88 $ 50.00 $ 600.00 99820
FOSTER,BILLY D.dec 3/6/19 $ - $ 9,622.05 $ - $ 150.00 99820
FOSTER. MARTHA $ 3,207.35 $ 28,866.15 $ 50.00 $ 450.00 99820
FRIEND,JERRY $ 1,970.42 $ 23,645.04 $ 50.00 $ 600.00 99820
HANNA,JANICE $ 1.368.59 $ 16,423.08 $ - $ -
HANNA, MARK $ 1,368.59 $ 16,423.08 $ 50.00 $ 600.00 99820
HELDER,TIM $ 5,838.12 $ 70,057.44 $ 50.00 $ 600.00 99820
HOYT,RICK $ 7,460.01 $ 89,520.12 $ 50.00 $ 600.00 99820
HOYT, RICK Plus 25 add pay $ 272.01 $ 3,264.12
HUTCHENS, BERNICE $ 1,825.54 $ 21,906.48 $ 50.00 $ 600.00 99820
JOHNSON, FRANK $ 7,974.81 $ 95,697.72 $ 50.00 $ 600.00 99820
JOHNSON,JOYCE $ 2,455.50 $ 29,466.00 $ 50.00 $ 600.00 99820
JONES, BOB $ 3,300.45 $ 39,605.40 $ 50.00 $ 600.00 99820
JONES,MICHELE $ 1,182.26 $ 14,187.12
KILGORE, DONALD $ 2,046.48 $ 24,557.76 $ 50.00 $ 600.00 99820
MARTIN,CONNIE $ 3,692.85 $ 44,314.20 $ 50.00 $ 600.00 99820
MCCAWLEY,LARRY $ 1,694.79 $ 20,337.48 $ 50.00 $ 600.00 99820
MITCHELL, MICHAEL $ 2,305.29 $ 27,663.48 $ 50.00 $ 600.00 99820
0
MUNSON,ANGELA $ 4,198.15 $ 50,377.80 $ 50.00 $ 600.00 99820
MURPHY, MARGARET $ 405.75 $ 4,869.00 $ 50.00 $ 600.00 99820
PERDUE, LARRY $ 2,322.67 $ 27,872.04 $ 50.00 $ 600.00 99820
PERSHALL,ROBIN $ 1,525.07 $ 18,300.84 $ - $ -
PHILLIPS,LINDA SUE $ 1,754.44 $ 21,053.28 $ 50.00 $ 600.00 99820
PRESTON,NORMA J $ 1,601.37 $ 19,216.44 $ 50.00 $ 600.00 99820
RICKMAN, LOREN $ 2,231.07 $ 26,772.84 $ 50.00 $ 600.00 99820
RIGGINS,BONNIE $ 1,669.37 $ 20,032.44 $ 50.00 $ 600.00 99820
ROBERTS, ELDON $ 4,263.24 $ 51,158.88 $ 50.00 $ 600.00 99820
ROBERTS,ELDON Plus 25 add pay $ 587.09 $ 7,045.08 $ - $ -
ROBERTS,CAROLYN K $ 3,216.13 $ 38,593.56 $ -
ROBERTS,CAROLYN K Plus 25 add pay $ 442.89 $ 5,314.68 $ -
SCHUSTER,JOHN H. $ 3,117.36 $ 37,408.32 $ 50.00 $ 600.00 99820
STANLEY,MELVIN $ 4,880.07 $ 58,560.84 $ 50.00 $ 600.00 99820
SURLES,VELMA $ 2,721.40 $ 32,656.80 $ 50.00 $ 600.00
TAYLOR, DENNIS $ 2,063.93 $ 24,767.16 $ 50.00 $ 600.00 99820
WATSON,RICHARD dec 10/23/19 $ - $ 69,470.50 $ - $ 500.00 99820
Watson, Richard Plus 25 Add'I Pay $ - $ 9,487.60 $ - $ -
BLOSS-WATSON,VICKY $ 6,947.05 $ 13,894.10 $ - $ -
WILLIAMS,JOYCE $ 2,539.66 $ 30,475.92 $ 50.00 $ 600.00 99820
$ 117,540.61 $ 1,419,974.92 $1,700.00 $ 20,900.00 $ -
•
POLICE PENSION FUND REVISED
Jan 2020 6800-9800
6800-9800
Month 1 Regular Mo 5335-00 5335-05
1
NAME Benefit YTD Reg Benefit Suppl. YTD Suppl. Future Hours Code
Supplement for Fut Supp
BAYLES, BOBBI J $ 1,587.41 $ 1,587.41 $ 50.00 $ 50.00 99820
BLACK, MILDRED $ 1,125.64 $ 1,125.64 $ 50.00 $ 50.00 99820
BRADLEY, GERALD $ 4,820.09 $ 4,820.09 $ 50.00 $ 50.00 99820
BRADLEY, RANDALL $ 2,860.17 $ 2,860.17 $ 50.00 $ 50.00 99820
BROWN, JOHN $ 4,362.01 $ 4,362.01 $ 50.00 $ 50.00 99820
CARROLL,RONALD L $ 2,106.04 $ 2.106.04 $ 50.00 $ 50.00 99820
COLE. RUSTON $ 3,065.74 $ 3,065.74 $ 50.00 $ 50.00 99820
DUGGER,GARY $ 3,163.74 $ 3,163.74 $ 50.00 $ 50.00 99820
FOSTER, MARTHA $ 3,207.35 $ 3,207.35 $ 50.00 $ 50.00 99820
FRIEND,JERRY $ 1,970.42 $ 1,970.42 $ 50.00 $ 50.00 99820
HANNA,JANICE $ 1,368.59 $ 1,368.59 $ - $ -
HANNA, MARK $ 1,368.59 $ 1,368.59 $ 50.00 $ 50.00 99820
HELDER,TIM $ 5,838.12 $ 5,838.12 $ 50.00 $ 50.00 99820
HOYT, RICK $ 7,460.01 $ 7,460.01 $ 50.00 $ 50.00 99820
HOYT, RICK Plus 25 add pay $ 272.01 $ 272.01
HUTCHENS, BERNICE $ 1,825.54 $ 1,825.54 $ 50.00 $ 50.00 99820
JOHNSON, FRANK $ 7,974.81 $ 7,974.81 $ 50.00 $ 50.00 99820
JOHNSON,JOYCE $ 2,455.50 $ 2,455.50 $ 50.00 $ 50.00 99820
JONES, BOB $ 3,300.45 $ 3,300.45 $ 50.00 $ 50.00 99820
JONES, MICHELE $ 1,182.26 $ 1,182.26
KILGORE, DONALD $ 2,046.48 $ 2,046.48 $ 50.00 $ 50.00 99820
MARTIN,CONNIE $ 3,692.85 $ 3,692.85 $ 50.00 $ 50.00 99820
MCCAWLEY, LARRY $ 1,694.79 $ 1,694.79 $ 50.00 $ 50.00 99820
MITCHELL, MICHAEL $ 2,305.29 $ 2,305.29 $ 50.00 $ 50.00 99820
• MUNSON,ANGELA $ 4,198.15 $ 4,198.15 $ 50.00 $ 50.00 99820
MURPHY, MARGARET $ 405.75 $ 405.75 $ 50.00 $ 50.00 99820
PERDUE, LARRY $ 2,322.67 $ 2,322.67 $ 50.00 $ 50.00 99820
PERSHALL, ROBIN $ 1,525.07 $ 1,525.07 $ - $ -
PHILLIPS,LINDA SUE $ 1,754.44 $ 1,754.44 $ 50.00 $ 50.00 99820
PRESTON,NORMA J $ 1,601.37 $ 1,601.37 $ 50.00 $ 50.00 99820
RICKMAN, LOREN $ 2,231.07 $ 2,231.07 $ 50.00 $ 50.00 99820
RIGGINS,BONNIE $ 1,669.37 $ 1,669.37 $ 50.00 $ 50.00 99820
ROBERTS,ELDON $ 4,263.24 $ 4,263.24 $ 50.00 $ 50.00 99820
ROBERTS,ELDON Plus 25 add pay $ 587.09 $ 587.09 $ - $ -
ROBERTS,CAROLYN K $ 3,216.13 $ 3,216.13 $ -
ROBERTS,CAROLYN K Plus 25 add pay $ 442.89 $ 442.89 $ -
SCHUSTER,JOHN H. $ 3,117.36 $ 3,117.36 $ 50.00 $ 50.00 99820
STANLEY,MELVIN $ 4,880.07 $ 4,880.07 $ 50.00 $ 50.00 99820
SURLES,VELMA $ 2,721.40 $ 2,721.40 $ 50.00 $ 50.00
TAYLOR, DENNIS $ 2,063.93 $ 2,063.93 $ 50.00 $ 50.00 99820
BLOSS-WATSON,VICKY $ 6,947.05 $ 6,947.05 $ - $ -
WILLIAMS,JOYCE $ 2,539.66 $ 2,539.66 $ 50.00 $ 50.00 99820
$ 117,540.61 $ 117,540.61 $1,700.00 $ 1,700.00 $ -
•
POLICE PENSION FUND REVISED
Feb 2020 6800-9800 6800-9800
Month 2 Regular Mo 5335-00 5335-05
2
NAME Benefit YTD Reg Benefit Suppl. YTD Suppl. Future Hours Code
Supplement for Fut Supp
BAYLES,BOBBI J $ 1,587.41 $ 3,174.82 $ 50.00 $ 100.00 99820
BLACK, MILDRED $ 1,125.64 $ 2,251.28 $ 50.00 $ 100.00 99820
BRADLEY,GERALD $ 4,820.09 $ 9,640.18 $ 50.00 $ 100.00 99820
BRADLEY, RANDALL $ 2,860.17 $ 5,720.34 $ 50.00 $ 100.00 99820
BROWN, JOHN $ 4,362.01 $ 8,724.02 $ 50.00 $ 100.00 99820
CARROLL.RONALD L $ 2,106.04 $ 4,212.08 $ 50.00 $ 100.00 99820
COLE, RUSTON $ 3,065.74 $ 6,131.48 $ 50.00 $ 100.00 99820
DUGGER,GARY $ 3,163.74 $ 6,327.48 $ 50.00 $ 100.00 99820
FOSTER, MARTHA $ 3,207.35 $ 6.414.70 $ 50.00 $ 100.00 99820
FRIEND,JERRY $ 1,970.42 $ 3,940.84 $ 50.00 $ 100.00 99820
HANNA,JANICE $ 1,368.59 $ 2,737.18 $ - $ -
HANNA, MARK $ 1,368.59 $ 2,737.18 $ 50.00 $ 100.00 99820
HELDER,TIM $ 5,838.12 $ 11,676.24 $ 50.00 $ 100.00 99820
HOYT,RICK $ 7,460.01 $ 14,920.02 $ 50.00 $ 100.00 99820
HOYT,RICK Plus 25 add pay $ 272.01 $ 544.02
HUTCHENS, BERNICE $ 1,825.54 $ 3,651.08 $ 50.00 $ 100.00 99820
JOHNSON,FRANK $ 7,974.81 $ 15,949.62 $ 50.00 $ 100.00 99820
JOHNSON,JOYCE $ 2,455.50 $ 4,911.00 $ 50.00 $ 100.00 99820
JONES,BOB $ 3,300.45 $ 6,600.90 $ 50.00 $ 100.00 99820
JONES,MICHELE $ 1,182.26 $ 2,364.52
KILGORE, DONALD $ 2,046.48 $ 4,092.96 $ 50.00 $ 100.00 99820
MARTIN, CONNIE $ 3,692.85 $ 7,385.70 $ 50.00 $ 100.00 99820
MCCAWLEY, LARRY $ 1,694.79 $ 3,389.58 $ 50.00 $ 100.00 99820
MITCHELL,MICHAEL $ 2,305.29 $ 4,610.58 $ 50.00 $ 100.00 99820
MUNSON,ANGELA $ 4,198.15 $ 8,396.30 $ 50.00 $ 100.00 99820
0
MURPHY,MARGARET $ 405.75 $ 811.50 $ 50.00 $ 100.00 99820
PERDUE,LARRY $ 2,322.67 $ 4,645.34 $ 50.00 $ 100.00 99820
PERSHALL,ROBIN $ 1,525.07 $ 3,050.14 $ - $ -
PHILLIPS,LINDA SUE $ 1,754.44 $ 3,508.88 $ 50.00 $ 100.00 99820
PRESTON,NORMAJ $ 1,601.37 $ 3,202.74 $ 50.00 $ 100.00 99820
RICKMAN,LOREN $ 2,231.07 $ 4,462.14 $ 50.00 $ 100.00 99820
RIGGINS,BONNIE $ 1,669.37 $ 3,338.74 $ 50.00 $ 100.00 99820
ROBERTS,ELDON $ 4,263.24 $ 8,526.48 $ 50.00 $ 100.00 99820
ROBERTS,ELDON Plus 25 add pay $ 587.09 $ 1,174.18 $ - $ -
ROBERTS,CAROLYN K $ 3,216.13 $ 6,432.26 $ -
ROBERTS,CAROLYN K Plus 25 add pay $ 442.89 $ 885.78 $ -
SCHUSTER,JOHN H. $ 3,117.36 $ 6,234.72 $ 50.00 $ 100.00 99820
STANLEY, MELVIN $ 4,880.07 $ 9,760.14 $ 50.00 $ 100.00 99820
SURLES,VELMA $ 2,721.40 $ 5,442.80 $ 50.00 $ 100.00
TAYLOR, DENNIS $ 2,063.93 $ 4,127.86 $ 50.00 $ 100.00 99820
BLOSS-WATSON,VICKY $ 6,947.05 $ 13,894.10 $ - $ -
WILLIAMS,JOYCE $ 2,539.66 $ 5,079.32 $ 50.00 $ 100.00 99820
$ 117,540.61 $ 235,081.22 $1,700.00 $ 3,400.00 $ -
POLICE PENSION FUND REVISED
Mar 2020 6800-9800 6800-9800
Month 3 Regular Mo 5335-00 5335-05
3
NAME Benefit YTD Reg Benefit Suppl. YTD Suppl. Future Hours Code
Supplement for Fut Supp
BAYLES, BOBBI J $ 1,587.41 $ 4,762.23 $ 50.00 $ 150.00 99820
BLACK,MILDRED $ 1,125.64 $ 3,376.92 $ 50.00 $ 150.00 99820
BRADLEY, GERALD $ 4,820.09 $ 14,460.27 $ 50.00 $ 150.00 99820
BRADLEY, RANDALL $ 2,860.17 $ 8,580.51 $ 50.00 $ 150.00 99820
BROWN, JOHN $ 4,362.01 $ 13,086.03 $ 50.00 $ 150.00 99820
CARROLL,RONALD L $ 2,106.04 $ 6,318.12 $ 50.00 $ 150.00 99820
COLE, RUSTON S 3,065.74 $ 9,197.22 $ 50.00 $ 150.00 99820
DUGGER,GARY $ 3,163.74 $ 9,491.22 $ 50.00 $ 150.00 99820
FOSTER, MARTHA $ 3.207.35 $ 9,622.05 $ 50.00 $ 150.00 99820
FRIEND.JERRY $ 1.970.42 $ 5,911.26 $ 50.00 $ 150.00 99820
HANNA,JANICE $ 1,368.59 $ 4,105.77 $ - $ -
HANNA, MARK $ 1,368.59 $ 4,105.77 $ 50.00 $ 150.00 99820
HELDER,TIM $ 5,838.12 $ 17,514.36 $ 50.00 $ 150.00 99820
HOYT, RICK $ 7,460.01 $ 22,380.03 $ 50.00 $ 150.00 99820
HOYT, RICK Plus 25 add pay $ 272.01 $ 816.03
HUTCHENS, BERNICE $ 1,825.54 $ 5,476.62 $ 50.00 $ 150.00 99820
JOHNSON, FRANK $ 7,974.81 $ 23,924.43 $ 50.00 $ 150.00 99820
JOHNSON,JOYCE $ 2,455.50 $ 7,366.50 $ 50.00 $ 150.00 99820
JONES, BOB $ 3,300.45 $ 9,901.35 $ 50.00 $ 150.00 99820
JONES, MICHELE $ 1,182.26 $ 3,546.78
KILGORE, DONALD $ 2,046.48 $ 6,139.44 $ 50.00 $ 150.00 99820
MARTIN, CONNIE $ 3,692.85 $ 11,078.55 $ 50.00 $ 150.00 99820
MCCAWLEY, LARRY $ 1,694.79 $ 5,084.37 $ 50.00 $ 150.00 99820
MITCHELL, MICHAEL $ 2,305.29 $ 6,915.87 $ 50.00 $ 150.00 99820
MUNSON,ANGELA $ 4,198.15 $ 12,594.45 $ 50.00 $ 150.00 99820
MURPHY. MARGARET $ 405.75 $ 1,217.25 $ 50.00 $ 150.00 99820
PERDUE, LARRY $ 2,322.67 $ 6,968.01 $ 50.00 $ 150.00 99820
PERSHALL, ROBIN $ 1,525.07 $ 4,575.21 $ - $ -
PHILLIPS, LINDA SUE $ 1,754.44 $ 5,263.32 $ 50.00 $ 150.00 99820
PRESTON, NORMA J $ 1,601.37 $ 4,804.11 $ 50.00 $ 150.00 99820
RICKMAN, LOREN $ 2,231.07 $ 6,693.21 $ 50.00 $ 150.00 99820
RIGGINS, BONNIE $ 1,669.37 $ 5,008.11 $ 50.00 $ 150.00 99820
ROBERTS,ELDON $ 4,263.24 $ 12,789.72 $ 50.00 $ 150.00 99820
ROBERTS,ELDON Plus 25 add pay $ 587.09 $ 1,761.27 $ - $ -
ROBERTS,CAROLYN K $ 3,216.13 $ 9,648.39 $ -
ROBERTS,CAROLYN K Plus 25 add pay $ 442.89 $ 1,328.67 $ -
SCHUSTER,JOHN H. $ 3,117.36 $ 9,352.08 $ 50.00 $ 150.00 99820
STANLEY,MELVIN $ 4,880.07 $ 14,640.21 $ 50.00 $ 150.00 99820
SURLES,VELMA $ 2,721.40 $ 8,164.20 $ 50.00 $ 150.00
TAYLOR,DENNIS $ 2,063.93 $ 6,191.79 $ 50.00 $ 150.00 99820
BLOSS-WATSON,VICKY $ 6,947.05 $ 20,841.15 $ 50.00 $ 250.00
WILLIAMS,JOYCE $ 2,539.66 $ 7,618.98 $ 50.00 $ 150.00 99820
$ 117,540.61 $ 352,621.83 $1,750.00 $ 5,350.00 $ -
•
POLICE PENSION FUND REVISED
Apr 2020 6800-9800 6800-9800
Month 4 Regular Mo 5335-00 5335-05
4
NAME Benefit YTD Reg Benefit Suppl. YTD Suppl. Future Hours Code
•
Supplement for Fut Supp
BAYLES, BOBBI J $ 1,587.41 $ 6,349.64 $ 50.00 $ 200.00 99820
BLACK,MILDRED $ 1,125.64 $ 4,502.56 $ 50.00 $ 200.00 99820
BRADLEY,GERALD $ 4,820.09 $ 19,280.36 $ 50.00 $ 200.00 99820
BRADLEY,RANDALL $ 2,860.17 $ 11,440.68 $ 50.00 $ 200.00 99820
BROWN,JOHN $ 4,362.01 $ 17,448.04 $ 50.00 $ 200.00 99820
CARROLL.RONALD L $ 2,106.04 $ 8,424.16 $ 50.00 $ 200.00 99820
COLE, RUSTON $ 3,065.74 $ 12,262.96 $ 50.00 $ 200.00 99820
DUGGER,GARY $ 3,163.74 $ 12,654.96 $ 50.00 $ 200.00 99820
FOSTER. MARTHA $ 3,207.35 $ 12,829.40 $ 50.00 $ 200.00 99820
FRIEND,JERRY $ 1,970.42 $ 7,881.68 $ 50.00 $ 200.00 99820
HANNA,JANICE $ 1,368.59 $ 5,474.36 $ - $ -
HANNA, MARK $ 1,368.59 $ 5.474.36 $ 50.00 $ 200.00 99820
HELDER,TIM $ 5,838.12 $ 23,352.48 $ 50.00 $ 200.00 99820
HOYT, RICK $ 7,460.01 $ 29,840.04 $ 50.00 $ 200.00 99820
HOYT,RICK Plus 25 add pay $ 272.01 $ 1,088.04
HUTCHENS,BERNICE $ 1,825.54 $ 7,302.16 $ 50.00 $ 200.00 99820
JOHNSON,FRANK $ 7,974.81 $ 31,899.24 $ 50.00 $ 200.00 99820
JOHNSON,JOYCE $ 2,455.50 $ 9,822.00 $ 50.00 $ 200.00 99820
JONES, BOB $ 3,300.45 $ 13,201.80 $ 50.00 $ 200.00 99820
JONES, MICHELE $ 1,182.26 $ 4,729.04
KILGORE, DONALD $ 2,046.48 $ 8,185.92 $ 50.00 $ 200.00 99820
MARTIN,CONNIE $ 3,692.85 $ 14,771.40 $ 50.00 $ 200.00 99820
MCCAWLEY, LARRY $ 1,694.79 $ 6,779.16 $ 50.00 $ 200.00 99820
MITCHELL,MICHAEL $ 2,305.29 $ 9,221.16 $ 50.00 $ 200.00 99820
MUNSON,ANGELA $ 4,198.15 $ 16,792.60 $ 50.00 $ 200.00 99820
el
MURPHY,MARGARET $ 405.75 $ 1,623.00 $ 50.00 $ 200.00 99820
PERDUE, LARRY $ 2,322.67 $ 9,290.68 $ 50.00 $ 200.00 99820
PERSHALL.ROBIN $ 1,525.07 $ 6,100.28 $ - $ -
PHILLIPS,LINDA SUE $ 1,754.44 $ 7,017.76 $ 50.00 $ 200.00 99820
PRESTON,NORMA J $ 1,601.37 $ 6,405.48 $ 50.00 $ 200.00 99820
RICKMAN,LOREN $ 2,231.07 $ 8,924.28 $ 50.00 $ 200.00 99820
RIGGINS,BONNIE $ 1,669.37 $ 6,677.48 $ 50.00 $ 200.00 99820
ROBERTS,ELDON $ 4,263.24 $ 17,052.96 $ 50.00 $ 200.00 99820
ROBERTS, ELDON Plus 25 add pay $ 587.09 $ 2,348.36 $ - $ -
ROBERTS,CAROLYN K $ 3,216.13 $ 12,864.52 $ -
ROBERTS,CAROLYN K Plus 25 add pay $ 442.89 $ 1,771.56 $ -
SCHUSTER,JOHN H. $ 3,117.36 $ 12,469.44 $ 50.00 $ 200.00 99820
STANLEY,MELVIN $ 4,880.07 $ 19,520.28 $ 50.00 $ 200.00 99820
SURLES,VELMA $ 2,721.40 $ 10,885.60 $ 50.00 $ 200.00
TAYLOR, DENNIS $ 2,063.93 $ 8,255.72 $ 50.00 $ 200.00 99820
BLOSS-WATSON,VICKY $ 6,947.05 $ 27,788.20 $ 50.00 $ 300.00
WILLIAMS.JOYCE $ 2,539.66 $ 10,158.64 $ 50.00 $ 200.00 99820
$ 117,540.61 $ 470,162.44 $1,750.00 $ 7,100.00 $ -
•
POLICE PENSION FUND
May 2020 6800-9800 6800-9800
Month 5 Regular Mo 5335-00 5335-05
5
NAME Benefit YTD Reg Benefit Suppl. YTD Suppl. Future Hours Code
Supplement for Fut Supp
BAYLES, BOBBI J $ 1,587.41 $ 7,937.05 $ 50.00 $ 250.00 99820
BLACK, MILDRED $ 1,125.64 $ 5,628.20 $ 50.00 $ 250.00 99820
BRADLEY, GERALD $ 4,820.09 $ 24,100.45 $ 50.00 $ 250.00 99820
BRADLEY, RANDALL $ 2,860.17 $ 14,300.85 $ 50.00 $ 250.00 99820
BROWN,JOHN $ 4,362.01 $ 21,810.05 $ 50.00 $ 250.00 99820
CARROLL,RONALD L $ 2,106.04 $ 10,530.20 $ 50.00 $ 250.00 99820
COLE, RUSTON $ 3,065.74 $ 15,328.70 $ 50.00 $ 250.00 99820
DUGGER,GARY $ 3,163.74 $ 15,818.70 $ 50.00 $ 250.00 99820
FOSTER.MARTHA $ 3,207.35 $ 16,036.75 $ 50.00 $ 250.00 99820
FRIEND,JERRY $ 1,970.42 $ 9,852.10 $ 50.00 $ 250.00 99820
HANNA,JANICE $ 1,368.59 $ 6,842.95 $ - $ -
HANNA, MARK $ 1.368.59 $ 6,842.95 $ 50.00 $ 250.00 99820
HELDER,TIM $ 5,838.12 $ 29,190.60 $ 50.00 $ 250.00 99820
HOYT, RICK $ 7,460.01 $ 37,300.05 $ 50.00 $ 250.00 99820
HOYT, RICK Plus 25 add pay $ 272.01 $ 1,360.05
HUTCHENS, BERNICE $ 1,825.54 $ 9,127.70 S 50.00 $ 250.00 99820
JOHNSON, FRANK $ 7,974.81 $ 39,874.05 $ 50.00 $ 250.00 99820
JOHNSON,JOYCE $ 2,455.50 $ 12,277.50 $ 50.00 $ 250.00 99820
JONES, BOB $ 3,300.45 $ 16,502.25 $ 50.00 $ 250.00 99820
JONES, MICHELE $ 1,182.26 $ 5,911.30
KILGORE, DONALD $ 2,046.48 $ 10,232.40 $ 50.00 $ 250.00 99820
MARTIN,CONNIE $ 3,692.85 $ 18,464.25 $ 50.00 $ 250.00 99820
MCCAWLEY, LARRY $ 1,694.79 $ 8,473.95 $ 50.00 $ 250.00 99820
MITCHELL, MICHAEL $ 2,305.29 $ 11,526.45 $ 50.00 $ 250.00 99820
• MUNSON,ANGELA $ 4,198.15 $ 20,990.75 $ 50.00 $ 250.00 99820
MURPHY, MARGARET $ 405.75 $ 2,028.75 $ 50.00 $ 250.00 99820
PERDUE, LARRY $ 2,322.67 $ 11,613.35 $ 50.00 $ 250.00 99820
PERSHALL, ROBIN $ 1,525.07 $ 7,625.35 $ - $ -
PHILLIPS,LINDA SUE $ 1,754.44 $ 8,772.20 $ 50.00 $ 250.00 99820
PRESTON, NORMA J $ 1,601.37 $ 8,006.85 $ 50.00 $ 250.00 99820
RICKMAN, LOREN $ 2,231.07 $ 11,155.35 $ 50.00 $ 250.00 99820
RIGGINS,BONNIE $ 1,669.37 $ 8,346.85 $ 50.00 $ 250.00 99820
ROBERTS,ELDON $ 4,263.24 $ 21,316.20 $ 50.00 $ 250.00 99820
ROBERTS, ELDON Plus 25 add pay $ 587.09 $ 2,935.45 $ - $ -
ROBERTS,CAROLYN K $ 3,216.13 $ 16,080.65 $ -
ROBERTS,CAROLYN K Plus 25 add pay $ 442.89 $ 2,214.45 $ -
SCHUSTER,JOHN H. $ 3,117.36 $ 15,586.80 $ 50.00 $ 250.00 99820
STANLEY, MELVIN $ 4,880.07 $ 24,400.35 $ 50.00 $ 250.00 99820
SURLES,VELMA $ 2,721.40 $ 13,607.00 $ 50.00 $ 250.00
TAYLOR, DENNIS $ 2,063.93 $ 10,319.65 $ 50.00 $ 250.00 99820
BLOSS-WATSON,VICKY $ 6,947.05 $ 34,735.25 $ 50.00 $ 350.00
WILLIAMS,JOYCE $ 2,539.66 $ 12,698.30 $ 50.00 $ 250.00 99820
$ 117,540.61 $ 587,703.05 $1,750.00 $ 8,850.00 $ -
POLICE PENSION FUND
Jun 2020 6800-9800 6800-9800
Month 6 Regular Mo 5335-00 5335-05
6
NAME Benefit YTD Reg Benefit Suppl. YTD Suppl. Future Hours Code
•
Supplement for Fut Supp
BAYLES, BOBBI J $ 1,587.41 $ 9,524.46 $ 50.00 $ 300.00 99820
BLACK,MILDRED $ 1,125.64 $ 6,753.84 $ 50.00 $ 300.00 99820
BRADLEY,GERALD $ 4,820.09 $ 28,920.54 $ 50.00 $ 300.00 99820
BRADLEY, RANDALL $ 2,860.17 $ 17,161.02 $ 50.00 $ 300.00 99820
BROWN,JOHN $ 4,362.01 $ 26,172.06 $ 50.00 $ 300.00 99820
CARROLL,RONALD L $ 2,106.04 $ 12,636.24 $ 50.00 $ 300.00 99820
COLE, RUSTON $ 3,065.74 $ 18,394.44 $ 50.00 $ 300.00 99820
DUGGER.GARY $ 3,163.74 $ 18,982.44 $ 50.00 $ 300.00 99820
FOSTER,MARTHA $ 3.207.35 $ 19,244.10 $ 50.00 $ 300.00 99820
FRIEND,JERRY $ 1,970.42 $ 11,822.52 $ 50.00 $ 300.00 99820
HANNA,JANICE $ 1,368.59 $ 8.211.54 $ - $ -
HANNA. MARK $ 1,368.59 $ 8,211.54 $ 50.00 $ 300.00 99820
HELDER,TIM $ 5,838.12 $ 35,028.72 $ 50.00 $ 300.00 99820
HOYT,RICK $ 7,460.01 $ 44,760.06 $ 50.00 $ 300.00 99820
HOYT,RICK Plus 25 add pay $ 272.01 $ 1,632.06
HUTCHENS, BERNICE $ 1,825.54 $ 10,953.24 $ 50.00 $ 300.00 99820
JOHNSON,FRANK $ 7,974.81 $ 47,848.86 $ 50.00 $ 300.00 99820
JOHNSON,JOYCE $ 2,455.50 $ 14,733.00 $ 50.00 $ 300.00 99820
JONES, BOB $ 3,300.45 $ 19,802.70 $ 50.00 $ 300.00 99820
JONES,MICHELE $ 1,182.26 $ 7,093.56
KILGORE, DONALD $ 2,046.48 $ 12,278.88 $ 50.00 $ 300.00 99820
MARTIN, CONNIE $ 3,692.85 $ 22,157.10 $ 50.00 $ 300.00 99820
MCCAWLEY, LARRY $ 1,694.79 $ 10,168.74 $ 50.00 $ 300.00 99820
MITCHELL, MICHAEL $ 2,305.29 $ 13,831.74 $ 50.00 $ 300.00 99820
MUNSON,ANGELA $ 4,198.15 $ 25,188.90 $ 50.00 $ 300.00 99820
0
MURPHY, MARGARET $ 405.75 $ 2,434.50 $ 50.00 $ 300.00 99820
PERDUE,LARRY $ 2,322.67 $ 13.936.02 $ 50.00 $ 300.00 99820
PERSHALL,ROBIN $ 1,525.07 $ 9,150.42 $ - $ -
PHILLIPS,LINDA SUE $ 1,754.44 $ 10,526.64 $ 50.00 $ 300.00 99820
PRESTON,NORMA J $ 1,601.37 $ 9,608.22 $ 50.00 $ 300.00 99820
RICKMAN, LOREN $ 2,231.07 $ 13,386.42 $ 50.00 $ 300.00 99820
RIGGINS, BONNIE $ 1,669.37 $ 10,016.22 $ 50.00 $ 300.00 99820
ROBERTS,ELDON $ 4,263.24 $ 25,579.44 $ 50.00 $ 300.00 99820
ROBERTS,ELDON Plus 25 add pay $ 587.09 $ 3,522.54 $ - $ -
ROBERTS,CAROLYN K $ 3,216.13 $ 19,296.78 $ -
ROBERTS,CAROLYN K Plus 25 add pay $ 442.89 $ 2,657.34 $ -
SCHUSTER,JOHN H. $ 3,117.36 $ 18,704.16 $ 50.00 $ 300.00 99820
STANLEY,MELVIN $ 4,880.07 $ 29,280.42 $ 50.00 $ 300.00 99820
SURLES,VELMA $ 2,721.40 $ 16,328.40 $ 50.00 $ 300.00
TAYLOR, DENNIS $ 2,063.93 $ 12.383.58 $ 50.00 $ 300.00 99820
BLOSS-WATSON,VICKY $ 6,947.05 $ 41,682.30 $ 50.00 $ 400.00
WILLIAMS.JOYCE $ 2,539.66 $ 15,237.96 $ 50.00 $ 300.00 99820
$ 117,540.61 $ 705,243.66 $1,750.00 $ 10,600.00 $ -
• POLICE PENSION FUND
Jul 2020 6800-9800
6800-9800
Month 7 Regular Mo 5335-00 5335-05
7
NAME Benefit YTD Reg Benefit Suppl. YTD Suppl. Future Hours Code
Supplement for Fut Supp
BAYLES, BOBBI J $ 1,587.41 $ 11,111.87 $ 50.00 $ 350.00 99820
BLACK,MILDRED $ 1,125.64 $ 7,879.48 $ 50.00 $ 350.00 99820
BRADLEY, GERALD $ 4,820.09 $ 33,740.63 $ 50.00 $ 350.00 99820
BRADLEY, RANDALL $ 2,860.17 $ 20,021.19 $ 50.00 $ 350.00 99820
BROWN,JOHN $ 4,362.01 $ 30,534.07 $ 50.00 $ 350.00 99820
CARROLL,RONALD L $ 2.106.04 $ 14,742.28 $ 50.00 $ 350.00 99820
COLE, RUSTON $ 3.065.74 $ 21,460.18 $ 50.00 $ 350.00 99820
DUGGER.GARY $ 3.163.74 $ 22,146.18 $ 50.00 $ 350.00 99820
FOSTER.MARTHA $ 3,207.35 $ 22,451.45 $ 50.00 $ 350.00 99820
FRIEND,JERRY $ 1,970.42 $ 13,792.94 $ 50.00 $ 350.00 99820
HANNA,JANICE $ 1.368.59 $ 9,580.13 $ - $ -
HANNA, MARK $ 1,368.59 $ 9,580.13 $ 50.00 $ 350.00 99820
HELDER,TIM $ 5,838.12 $ 40,866.84 $ 50.00 $ 350.00 99820
HOYT, RICK $ 7,460.01 $ 52,220.07 $ 50.00 $ 350.00 99820
HOYT,RICK Plus 25 add pay $ 272.01 $ 1,904.07
HUTCHENS, BERNICE $ 1,825.54 $ 12,778.78 $ 50.00 $ 350.00 99820
JOHNSON, FRANK $ 7,974.81 $ 55,823.67 $ 50.00 $ 350.00 99820
JOHNSON,JOYCE $ 2,455.50 $ 17,188.50 $ 50.00 $ 350.00 99820
JONES, BOB $ 3,300.45 $ 23,103.15 $ 50.00 $ 350.00 99820
JONES, MICHELE $ 1,182.26 $ 8,275.82
KILGORE, DONALD $ 2,046.48 $ 14,325.36 $ 50.00 $ 350.00 99820
MARTIN,CONNIE $ 3,692.85 $ 25,849.95 $ 50.00 $ 350.00 99820
MCCAWLEY, LARRY $ 1,694.79 $ 11,863.53 $ 50.00 $ 350.00 99820
MITCHELL, MICHAEL $ 2,305.29 $ 16,137.03 $ 50.00 $ 350.00 99820
• MUNSON,ANGELA $ 4,198.15 $ 29,387.05 $ 50.00 $ 350.00 99820
MURPHY, MARGARET $ 405.75 $ 2,840.25 $ 50.00 $ 350.00 99820
PERDUE, LARRY $ 2,322.67 $ 16,258.69 $ 50.00 $ 350.00 99820
PERSHALL, ROBIN $ 1,525.07 $ 10,675.49 $ - $ -
PHILLIPS, LINDA SUE $ 1,754.44 $ 12,281.08 $ 50.00 $ 350.00 99820
PRESTON,NORMA J $ 1,601.37 $ 11,209.59 $ 50.00 $ 350.00 99820
RICKMAN, LOREN $ 2,231.07 $ 15,617.49 $ 50.00 $ 350.00 99820
RIGGINS,BONNIE $ 1,669.37 $ 11,685.59 $ 50.00 $ 350.00 99820
ROBERTS,ELDON $ 4,263.24 $ 29,842.68 $ 50.00 $ 350.00 99820
ROBERTS,ELDON Plus 25 add pay $ 587.09 $ 4,109.63 $ - $ -
ROBERTS,CAROLYN K $ 3,216.13 $ 22,512.91 $ -
ROBERTS,CAROLYN K Plus 25 add pay $ 442.89 $ 3,100.23 $ -
SCHUSTER,JOHN H. $ 3,117.36 $ 21,821.52 $ 50.00 $ 350.00 99820
STANLEY, MELVIN $ 4,880.07 $ 34,160.49 $ 50.00 $ 350.00 99820
SURLES,VELMA $ 2,721.40 $ 19,049.80 $ 50.00 $ 350.00
TAYLOR, DENNIS $ 2,063.93 $ 14,447.51 $ 50.00 $ 350.00 99820
BLOSS-WATSON,VICKY $ 6,947.05 $ 48,629.35 $ 50.00 $ 450.00
WILLIAMS,JOYCE $ 2,539.66 $ 17,777.62 $ 50.00 $ 350.00 99820
$ 117,540.61 $ 822,784.27 $1,750.00 $ 12,350.00 $ -
POLICE PENSION FUND
Aug 2020 6800-9800 6800-9800
Month 8 Regular Mo 5335-00 5335-05
8
NAME Benefit YTD Reg Benefit Suppl. YTD Suppl. Future Hours Code
0
Supplement for Fut Supp
BAYLES,BOBBI J $ 1,587.41 $ 12,699.28 $ 50.00 $ 400.00 99820
BLACK,MILDRED $ 1,125.64 $ 9,005.12 $ 50.00 $ 400.00 99820
BRADLEY,GERALD $ 4,820.09 $ 38,560.72 $ 50.00 $ 400.00 99820
BRADLEY, RANDALL $ 2,860.17 $ 22,881.36 $ 50.00 $ 400.00 99820
BROWN,JOHN $ 4,362.01 $ 34,896.08 $ 50.00 $ 400.00 99820
CARROLL,RONALD L $ 2,106.04 $ 16,848.32 $ 50.00 $ 400.00 99820
COLE, RUSTON $ 3,065.74 $ 24,525.92 $ 50.00 $ 400.00 99820
DUGGER,GARY $ 3,163.74 $ 25.309.92 $ 50.00 $ 400.00 99820
FOSTER,MARTHA $ 3,207.35 $ 25658.80 $ 50.00 $ 400.00 99820
FRIEND.JERRY $ 1,970.42 $ 15,763.36 $ 50.00 $ 400.00 99820
HANNA,JANICE $ 1,368.59 $ 10,948.72 $ - $ -
HANNA, MARK $ 1,368.59 $ 10,948.72 $ 50.00 $ 400.00 99820
HELDER,TIM $ 5,838.12 $ 46,704.96 $ 50.00 $ 400.00 99820
HOYT,RICK $ 7,460.01 $ 59,680.08 $ 50.00 $ 400.00 99820
HOYT,RICK Plus 25 add pay $ 272.01 $ 2,176.08
HUTCHENS,BERNICE $ 1,825.54 $ 14,604.32 $ 50.00 $ 400.00 99820
JOHNSON,FRANK $ 7,974.81 $ 63,798.48 $ 50.00 $ 400.00 99820
JOHNSON,JOYCE $ 2,455.50 $ 19,644.00 $ 50.00 $ 400.00 99820
JONES,BOB $ 3,300.45 $ 26,403.60 $ 50.00 $ 400.00 99820
JONES,MICHELE $ 1,182.26 $ 9,458.08
KILGORE,DONALD $ 2,046.48 $ 16,371.84 $ 50.00 $ 400.00 99820
MARTIN,CONNIE $ 3,692.85 $ 29,542.80 $ 50.00 $ 400.00 99820
MCCAWLEY, LARRY $ 1,694.79 $ 13,558.32 $ 50.00 $ 400.00 99820
MITCHELL,MICHAEL $ 2,305.29 $ 18,442.32 $ 50.00 $ 400.00 99820
MUNSON,ANGELA $ 4,198.15 $ 33,585.20 $ 50.00 $ 400.00 99820
0
MURPHY, MARGARET $ 405.75 $ 3,246.00 $ 50.00 $ 400.00 99820
PERDUE, LARRY $ 2,322.67 $ 18,581.36 $ 50.00 $ 400.00 99820
PERSHALL,ROBIN $ 1,525.07 $ 12.200.56 $ - $ -
PHILLIPS,LINDA SUE $ 1,754.44 $ 14,035.52 $ 50.00 $ 400.00 99820
PRESTON, NORMA J $ 1,601.37 $ 12,810.96 $ 50.00 $ 400.00 99820
RICKMAN, LOREN $ 2,231.07 $ 17,848.56 $ 50.00 $ 400.00 99820
RIGGINS,BONNIE $ 1,669.37 $ 13,354.96 $ 50.00 $ 400.00 99820
ROBERTS,ELDON $ 4,263.24 $ 34,105.92 $ 50.00 $ 400.00 99820
ROBERTS,ELDON Plus 25 add pay $ 587.09 $ 4,696.72 $ - $ -
ROBERTS,CAROLYN K $ 3,216.13 $ 25,729.04 $ -
ROBERTS,CAROLYN K Plus 25 add pay $ 442.89 $ 3,543.12 $ -
SCHUSTER,JOHN H. $ 3,117.36 $ 24,938.88 $ 50.00 $ 400.00 99820
STANLEY,MELVIN $ 4,880.07 $ 39,040.56 $ 50.00 $ 400.00 99820
SURLES,VELMA $ 2,721.40 $ 21,771.20 $ 50.00 $ 400.00
TAYLOR, DENNIS $ 2,063.93 $ 16,511.44 $ 50.00 $ 400.00 99820
BLOSS-WATSON,VICKY $ 6,947.05 $ 55,576.40 $ 50.00 $ 500.00
WILLIAMS,JOYCE $ 2,539.66 $ 20,317.28 $ 50.00 $ 400.00 99820
$ 117,540.61 $ 940,324.88 $1,750.00 $ 14,100.00 $ -
•
POLICE PENSION FUND
Sep 2020 6800-9800 6800-9800
Month 9 Regular Mo 5335-00 5335-05
9
NAME Benefit YTD Reg Benefit Suppl. YTD Suppl. Future Hours Code
Supplement for Fut Supp
BAYLES, BOBBI J $ 1,587.41 $ 14,286.69 $ 50.00 $ 450.00 99820
BLACK,MILDRED $ 1,125.64 $ 10,130.76 $ 50.00 $ 450.00 99820
BRADLEY, GERALD $ 4,820.09 $ 43,380.81 $ 50.00 $ 450.00 99820
BRADLEY, RANDALL $ 2,860.17 $ 25,741.53 $ 50.00 $ 450.00 99820
BROWN,JOHN $ 4,362.01 $ 39,258.09 $ 50.00 $ 450.00 99820
CARROLL,RONALD L $ 2,106.04 $ 18.954.36 $ 50.00 $ 450.00 99820
COLE, RUSTON $ 3,065.74 $ 27,591.66 $ 50.00 $ 450.00 99820
DUGGER,GARY $ 3,163.74 $ 28,473.66 $ 50.00 $ 450.00 99820
FOSTER, MARTHA $ 3,207.35 $ 28,866.15 $ 50.00 $ 450.00 99820
FRIEND,JERRY $ 1.970.42 $ 17,733.78 $ 50.00 $ 450.00 99820
HANNA,JANICE $ 1.368.59 $ 12,317.31 $ - $ -
HANNA. MARK $ 1,368.59 $ 12,317.31 $ 50.00 $ 450.00 99820
HELDER,TIM $ 5,838.12 $ 52,543.08 $ 50.00 $ 450.00 99820
HOYT, RICK $ 7,460.01 $ 67,140.09 $ 50.00 $ 450.00 99820
HOYT,RICK Plus 25 add pay $ 272.01 $ 2,448.09
HUTCHENS, BERNICE $ 1,825.54 $ 16,429.86 $ 50.00 $ 450.00 99820
JOHNSON, FRANK $ 7,974.81 $ 71,773.29 $ 50.00 $ 450.00 99820
JOHNSON,JOYCE $ 2,455.50 $ 22,099.50 $ 50.00 $ 450.00 99820
JONES, BOB $ 3,300.45 $ 29,704.05 $ 50.00 $ 450.00 99820
JONES, MICHELE $ 1,182.26 $ 10,640.34
KILGORE, DONALD $ 2,046.48 $ 18,418.32 $ 50.00 $ 450.00 99820
MARTIN,CONNIE $ 3,692.85 $ 33,235.65 $ 50.00 $ 450.00 99820
MCCAWLEY, LARRY $ 1,694.79 $ 15,253.11 $ 50.00 $ 450.00 99820
MITCHELL, MICHAEL $ 2,305.29 $ 20,747.61 $ 50.00 $ 450.00 99820
• MUNSON,ANGELA $ 4,198.15 $ 37,783.35 $ 50.00 $ 450.00 99820
MURPHY, MARGARET $ 405.75 $ 3,651.75 $ 50.00 $ 450.00 99820
PERDUE, LARRY $ 2,322.67 $ 20,904.03 $ 50.00 $ 450.00 99820
PERSHALL, ROBIN $ 1,525.07 $ 13,725.63 $ - $ -
PHILLIPS,LINDA SUE $ 1,754.44 $ 15,789.96 $ 50.00 $ 450.00 99820
PRESTON, NORMA J $ 1,601.37 $ 14,412.33 $ 50.00 $ 450.00 99820
RICKMAN, LOREN $ 2,231.07 $ 20,079.63 $ 50.00 $ 450.00 99820
RIGGINS,BONNIE $ 1,669.37 $ 15,024.33 $ 50.00 $ 450.00 99820
ROBERTS, ELDON $ 4,263.24 $ 38,369.16 $ 50.00 $ 450.00 99820
ROBERTS, ELDON Plus 25 add pay $ 587.09 $ 5,283.81 $ - $ -
ROBERTS,CAROLYN K $ 3,216.13 $ 28,945.17 $ -
ROBERTS,CAROLYN K Plus 25 add pay $ 442.89 $ 3,986.01 $ -
SCHUSTER,JOHN H. $ 3,117.36 $ 28,056.24 $ 50.00 $ 450.00 99820
STANLEY,MELVIN $ 4,880.07 $ 43,920.63 $ 50.00 $ 450.00 99820
SURLES,VELMA $ 2,721.40 $ 24,492.60 $ 50.00 $ 450.00
TAYLOR, DENNIS $ 2,063.93 $ 18,575.37 $ 50.00 $ 450.00 99820
BLOSS-WATSON,VICKY $ 6,947.05 $ 62,523.45 $ 50.00 $ 550.00
WILLIAMS,JOYCE $ 2,539.66 $ 22,856.94 $ 50.00 $ 450.00 99820
$ 117,540.61 $ 1,057,865.49 $1,750.00 $ 15,850.00 $ -
•
POLICE PENSION FUND
Oct 2020 6800-9800 6800-9800
Month 10 Regular Mo 5335-00 5335-05
10 •NAME Benefit YTD Reg Benefit Suppl. YTD Suppl. Future Hours Code
Supplement for Fut Supp
BAYLES, BOBBI J $ 1,587.41 $ 15,874.10 $ 50.00 $ 500.00 99820
BLACK,MILDRED $ 1,125.64 $ 11,256.40 $ 50.00 $ 500.00 99820
BRADLEY, GERALD $ 4,820.09 $ 48,200.90 $ 50.00 $ 500.00 99820
BRADLEY, RANDALL $ 2,860.17 $ 28,601.70 $ 50.00 $ 500.00 99820
BROWN,JOHN $ 4,362.01 $ 43,620.10 $ 50.00 $ 500.00 99820
CARROLL,RONALD L $ 2,106.04 $ 21,060.40 $ 50.00 $ 500.00 99820
COLE, RUSTON $ 3,065.74 $ 30,657.40 $ 50.00 $ 500.00 99820
DUGGER,GARY $ 3,163.74 $ 31.637.40 $ 50.00 $ 500.00 99820
FOSTER, MARTHA $ 3,207.35 $ 32,073.50 $ 50.00 $ 500.00 99820
FRIEND.JERRY $ 1,970.42 $ 19,704.20 $ 50.00 $ 500.00 99820
HANNA,JANICE $ 1,368.59 $ 13,685.90 $ - $ -
HANNA, MARK $ 1,368.59 $ 13,685.90 $ 50.00 $ 500.00 99820
HELDER,TIM $ 5,838.12 $ 58,381.20 $ 50.00 $ 500.00 99820
HOYT,RICK $ 7,460.01 $ 74,600.10 $ 50.00 $ 500.00 99820
HOYT,RICK Plus 25 add pay $ 272.01 $ 2,720.10
HUTCHENS, BERNICE $ 1,825.54 $ 18,255.40 $ 50.00 $ 500.00 99820
JOHNSON,FRANK $ 7,974.81 $ 79,748.10 $ 50.00 $ 500.00 99820
JOHNSON,JOYCE $ 2,455.50 $ 24,555.00 $ 50.00 $ 500.00 99820
JONES, BOB $ 3,300.45 $ 33,004.50 $ 50.00 $ 500.00 99820
JONES, MICHELE $ 1,182.26 $ 11,822.60
KILGORE,DONALD $ 2,046.48 $ 20,464.80 $ 50.00 $ 500.00 99820
MARTIN,CONNIE $ 3,692.85 $ 36,928.50 $ 50.00 $ 500.00 99820
MCCAWLEY, LARRY $ 1,694.79 $ 16,947.90 $ 50.00 $ 500.00 99820
MITCHELL, MICHAEL $ 2,305.29 $ 23,052.90 $ 50.00 $ 500.00 99820
MUNSON,ANGELA $ 4,198.15 $ 41,981.50 $ 50.00 $ 500.00 99820
MURPHY, MARGARET $ 405.75 $ 4,057.50 $ 50.00 $ 500.00 99820 •
PERDUE,LARRY $ 2,322.67 $ 23,226.70 $ 50.00 $ 500.00 99820
PERSHALL,ROBIN $ 1,525.07 $ 15,250.70 $ - $ -
PHILLIPS, LINDA SUE $ 1,754.44 $ 17,544.40 $ 50.00 $ 500.00 99820
PRESTON. NORMA J $ 1,601.37 $ 16,013.70 $ 50.00 $ 500.00 99820
RICKMAN, LOREN $ 2,231.07 $ 22,310.70 $ 50.00 $ 500.00 99820
RIGGINS, BONNIE $ 1,669.37 $ 16,693.70 $ 50.00 $ 500.00 99820
ROBERTS,ELDON $ 4,263.24 $ 42,632.40 $ 50.00 $ 500.00 99820
ROBERTS, ELDON Plus 25 add pay $ 587.09 $ 5,870.90 $ - $ -
ROBERTS,CAROLYN K $ 3,216.13 $ 32,161.30 $ -
ROBERTS,CAROLYN K Plus 25 add pay $ 442.89 $ 4,428.90 $ -
SCHUSTER,JOHN H. $ 3,117.36 $ 31,173.60 $ 50.00 $ 500.00 99820
STANLEY,MELVIN $ 4,880.07 $ 48,800.70 $ 50.00 $ 500.00 99820
SURLES,VELMA $ 2,721.40 $ 27,214.00 $ 50.00 $ 500.00
TAYLOR, DENNIS $ 2,063.93 $ 20,639.30 $ 50.00 $ 500.00 99820
BLOSS-WATSON,VICKY $ 6,947.05 $ 69,470.50 $ 50.00 $ 600.00
WILLIAMS.JOYCE $ 2,539.66 $ 25,396.60 $ 50.00 $ 500.00 99820
$ 117,540.61 $ 1,175,406.10 $1,750.00 $ 17,600.00 $ -
•