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2021-10-21 - Agendas - Final
Fayetteville Policeman's Pension and Relief Fund Meeting Date October 21, 2021 III Adjourn Time 3:15 PM Attendees: John Brown, Ruston Cole, Melvin Stanley, Mayor Jordan, &City Clerk Treasurer Kara Paxton Assistant City Attorney Blake Pennington & City Clerk-Codifier Kim Johnson Garrison Financial: James Bell & Glenn Adkins Abesent: Frank Johnson & Eldon Roberts Subject: Roll Call Subject: Approval of the April 15, 2021 Meeting Minutes Motion To: Motion To: Approve Motion By: Motion By: John Brown Seconded: Seconded: Ruston Cole John Brown Present John Brown Yes Ruston Cole Present Ruston Cole Yes ID Frank Johnson Absent Frank Johnson Absent Melvin Stanley Present Melvin Stanley Yes Eldon Roberts Absent Eldon Roberts Absent Kara Paxton Present Kara Paxton Yes Mayor Jordan Present Mayor Jordan Yes Subject: Approval of Nov. &Dec.2021, Jan-Apr 2022 Pension Lists Subject: Adjourment of Meeting Motion To: Approve Motion To: Adjourn Motion By: Ruston Cole Motion By: John Brown Seconded: John Brown Seconded: Ruston Cole John Brown Yes John Brown Yes Ruston Cole Yes Ruston Cole Yes Frank Johnson Absent Frank Johnson Absent Melvin Stanley Yes Melvin Stanley Yes • Eldon Roberts Absent Eldon Roberts Absent Kara Paxton Yes Kara Paxton Yes Mayor Jordan Yes Mayor Jordan Yes 1 OF FAYErT� Lioneld Jordan Chairman Ruston Cole Retired Position 2 Kara Paxton Treasurer John Brown Eldon Roberts Secretary,' v m Retired Position 3 Melvin Stanley Retired Position 4 Retired Position I 4 Thr ) Frank Johnson Retired Position 5 J_tLL u, ,Yrp \gRKANSPS Policemen's Pension and Relief Fund Board of Trustees Meeting Agenda October 21, 2021 A meeting of the Fayetteville Policemen's Pension and Relief Fund Board of Trustees will be held on October 21, 2021 at 3:00 p.m. via teleconference of the City Administration Building located at 113 West Mountain Street, Fayetteville, Arkansas. Roll Call Garrison Financial: • Quarterly reports ending 06/30/2021 and 09/30/2021 • Minutes: • Approval of the April 15th, 2021 meeting minutes Pension List Changes: • None Approval of the Pension List: • November& December 2021, January, February, March, and April 2022 New Business: • Revenue Expense Summary 06/30/2021 and 09/30/2021 • Osborn, Carreiro & Associates, Inc. Informational: 2021 Meeting Calendar • Next Meeting—April 21, 2022 Note: All meetings are tentative and subject to change. The City meetings calendar is located on ‘Sww.favetteviIIe-ar.gov S 0111 GARRISON 0 ASSET MANAG EMENT July 9, 2021 Ms. Kara Paxton City of Fayetteville 113 West Mountain Street Fayetteville,Arkansas 72701-6069 Dear Ms. Paxton, Enclosed is your quarterly report for the quarter ended June 30,2021. The economic rebound continued in the 2"quarter as global GDP finally bounced back to a pre-pandemic high. This marked the sharpest economic"V"shaped recovery in history,with a deep recession and rapid recovery all in the span of just five quarters. The International Monetary Fund(IMF) is forecasting 2021 global economic growth of 6.0%for 2021,which would mark the fastest pace of global growth in nearly 50 years. First quarter growth in the U.S.was strong at 6.4%with estimates for 2"d quarter growth at 9.4%. It's likely we have already passed the peak economic growth rate, but economists still expect continued growth in the 3rd and 4th quarters,albeit at a less robust pace. Inflation remains a concern for the markets, but fortunately we have seen some relief in raw material prices since the highs set back in May. As supply chain bottlenecks continue to improve,and labor market shortages decline as government assistance draws to a close,we hope to see the demand/supply imbalance settle back into a more normal range,which would moderate the pace of inflation in the back half of the year. • Equities continued their strong performance in the 2"d quarter,with the S&P 500 gaining+8.55%. Real Estate and Technology were the best performers(up+12.31%and+11.30%respectively)while Utilities(down-1.13%)and Consumer Staples(up+3.17%)were the weakest. Market valuations remain at elevated levels,but fortunately they did contract some over the quarter as sales and corporate earnings were strong. The fixed income markets seem to be stuck on the question of whether inflation will be"transitory." Fixed income markets will typically lead inflation expectations(prices down,yields higher)as a rule. Here's what I mean by"stuck." On the 10-year Treasury, yields began the year at .91%. They peaked exactly on March 31 at 1.74%,or the beginning of the second quarter. That would indicate that perhaps some inflation is in store. For the second quarter from the peak at the end of March, rates have fallen by.27%, or 27 basis points,to 1.46%, or down over 16%. Lower rates since March seem to call into question the permanent thesis on inflation going forward. For the second quarter the Bloomberg/Barclays Intermediate Government/Credit Index is up+.82%and YTD is down-1.06%. Inflation,the timing of less monetary and fiscal stimulus,and to what degree covid variants could upset the economy will be some of the issues the markets will grapple with in the second half of the year. Volatility could tick up in the coming months as we get a clearer picture of how the economy will move forward beyond the initial reopening demand spike.Continued improvement in supply chain throughput will help. Particularly in challenging market conditions,we're grateful for the trust you have given us over the years. We try to earn it and we sincerely appreciate your business. Should you have any questions please give us a call. Cordially, e.....„...er 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 June 30, 2021 • PORTFOLIO SUMMARY City of Fayetteville Police Pension and Relief Fund Charles Schwab #2448-5630 June 30, 2021 1.7% ■Cash&Equivalents 103,840.08 ■Account Fixed Income 1,781,098.35 Account Equities 4,165,754.94 • Garrison Asset Management III PORTFOLIO APPRAISAL City of Fayetteville Police Pension and Relief Fund Charles Schwab #2448-5630 June 30, 2021 Adj Unit Total Adjusted Market Pct. Unit Annual Quantity Security Cost Cost Price Value Assets Income Income Yield CASH AND EQUIVALENTS 103,840 OS 103,840.08 1.7 0.010 10.38 0.0 Schwab Bank Sweep 103,840.08 103,840.08 1.7 10.38 0 0 CORPORATE BONDS 125,000 Sysco Corporation 100.34 125,422.45 102.13 127,665.37 2.1 2.600 3,250 00 0.3 2.600%Due 06-12-22 125,000 Oracle Corporation 100.32 125,397.13 102 67 128,331 75 2 1 2 500 3,125.00 0.4 2.500%Due 10-15-22 125,000 Intel Corporation 100.61 125,767.70 103.46 129,328.00 2.1 2.700 3,375 00 0.3 2.700%Due 12-15-22 110,000 Nike,Inc 100.73 110,807.79 103.16 113,472.92 1.9 2.250 2,475.00 0.5 2.250%Due 05-01-23 125,000 Apple Inc. 100.63 125,791.76 103.75 129,684.00 2.1 2.400 3,000.00 0.4 2.400%Due 05-03-23 125,000 Procter&Gamble 102 41 128,017.69 105.83 132,288.12 2.2 3.100 3,875.00 0.3 Company 3 100%Due 08-15-23 110,000 713 Hunt Transport 105.32 115,853.22 111.40 122,542.31 2.0 3.875 4,262.50 1.4 Services,Inc. 3.875%Due 03-01-26 100,000 Adobe,Inc. 106.77 106,767.14 104,62 104,619.30 1.7 2 150 2,150.00 1.3 0 2.150%Due 02-01-27 110,000 Kroger Company 104.46 114,909 70 111.27 122,392.27 2.0 3.700 4,070 00 1 7 3.700%Due 08-01-27 60,000 Laboratory Corporation 105.10 63,059.71 110 56 66,335.64 1 1 3.600 2,160 00 1.8 of America Holdings 3.600%Due 09-01-27 110,000 General Dynamics 102.79 113,067.29 106 98 117,674.48 1.9 2.625 2,887.50 1.5 Corporation 2 625%Due 11-15-27 100,000 Tyson Foods,Inc. 120 28 120,277.34 116.47 116,473 00 1.9 4 350 4,350.00 2.0 4 350%Due 03-01-29 100,000 PepsiCo,Inc. 104.28 104,282.75 106.99 106,991 00 1.8 2.625 2,625.00 1 7 2 625%Due 07-29-29 110,000 FedEx Corporation 100.13 110,140.40 108.43 119,269.26 2.0 3.100 3,410.00 2.0 3 100%Due 08-05-29 12,258.67 0.2 Accrued Interest 1,589,562.08 1,649,326.10 27.3 45,015.00 1.1 CONVERTIBLE PREFERRED 300 Bunge 4.875%Cony. 108.63 32,588.95 116.23 34,869.00 0.6 4.875 1,462.50 4.2 Pfd 32,588.95 34,869.00 0 6 1,462.50 4.2 COMMON STOCK 300 3M Company 164 93 49,479 55 198.63 59,589 00 1.0 5 920 1,776.00 3.0 1,680 AT&T,Inc 28.24 47,439.74 28 78 48,350 40 0.8 2 080 3,494.40 7 2 655 AbbVie,Inc. 66.58 43,609.18 112 64 73,779.20 1.2 5.200 3,406.00 4.6 710 Abbott Laboratories 39.36 27,945.60 115 93 82,310.30 1.4 1.800 1,278 00 1.6 360 Accenture Plc 90.81 32,690.30 294.79 106,124 40 1.8 3.520 1,267.20 1.2 600 Akamai Technologies, 55 76 33,454.45 116 60 69,960.00 1 2 0.000 0 00 0.0 Inc. 3.5 435 American Electric Power 78.40 34,102.70 84 59 36,796.65 0.6 2.960 1,287 60 295 Amgen,Inc. 114.33 33,727.26 243.75 71,906.25 1.2 7 040 2,076.80 2 9 250 Ansys,Inc- 75.67 18,918.47 347.06 86,765.00 1.4 0 000 0.00 0.0 1 • Garrison Asset Management PORTFOLIO APPRAISAL City of Fayetteville Police Pension and Relief Fund Charles Schwab #2448-5630 June 30, 2021 Adj Unit Total Adjusted Market Pct. Unit Annual Quantity Security Cost Cost Price Value Assets Income Income Yield 780 Apple,Inc 17.86 13,931 61 136.96 106,828 80 1.8 0 880 686 40 0.6 685 AptarGroup,Inc. 63 47 43,477.91 140 84 96,475.40 1.6 1 520 1,041 20 1.1 145 Arista Networks,Inc. 208.63 30,250 97 362.31 52,534.95 0.9 0 000 0 00 0.0 135 Aspen Technology 132 24 17,853.05 137.54 18,567 90 0.3 0 000 0 00 0.0 70 AutoZone,Inc. 516.09 36,126.55 1,492 22 104,455.40 1 7 0 000 0 00 0.0 1,350 BCE,Inc. 24.40 32,934.20 49.32 66,582.00 1 1 2.700 3,645.00 5.5 200 Becton,Dickinson& 113.97 22,793.26 243 19 48,638.00 0 8 3.320 664.00 1 4 Company 200 Broadcom,Inc. 239.03 47,805.04 476.84 95,368.00 1.6 14.400 2,880.00 3.0 225 Broadridge Financial 41.33 9,298.79 161.53 36,344.25 0.6 2 300 517 50 1.4 Solutions,Inc 1,368 Brown-Forman 35 52 48,596.98 74.94 102,517.92 1.7 0 710 971 28 0.9 Corporation Class B 1,445 Cisco Systems,Inc. 19 70 28,470.99 53.00 76,585 00 1.3 1.480 2,138.60 2.8 1,400 Coca-Cola Company 30.98 43,374 60 54.11 75,754.00 1.3 1.680 2,352.00 3 1 1,150 ConocoPhillips 55 58 63,918.42 60.90 70,035.00 1.2 1.720 1,978.00 2.8 250 Deere&Co. 87.76 21,940.58 352.71 88,177.50 1.5 3.600 900.00 1 0 500 Disney,Walt Company 11091 55,454 90 175.77 87,885.00 1 5 0.000 0.00 0.0 550 Eastman Chemical 85 25 46,885.10 116 75 64,212.50 1.1 2.760 1,518.00 2.4 Company 1,145 Freeport-McMoRan 31 22 35,741.98 37.11 42,490 95 0.7 0 300 343.50 0.8 III Copper&Gold,Inc. Huntington Bancshares,Inc. 13 05 50,444 36 14 27 55,153.55 0.9 0 600 2,319.00 4.2 305 PPG Photonics 120.18 36,654.02 210 77 64,284.85 1.1 0.000 0.00 0 0 Corporation 1,205 Intel Corporation 20.53 24,744.12 56 14 67,648.70 1.1 1.390 1,674.95 2.5 560 Johnson&Johnson 64 70 36,229.62 164 74 92,254.40 1.5 4.240 2,374.40 2 6 365 Kimberly-Clark 107.07 39,079.82 133.78 48,829 70 0 8 4.560 1,664.40 3.4 Corporation 395 Laboratory Corp. 125.86 49,715.75 275.85 108,960.75 1.8 0.000 0.00 0.0 America Holdings 675 Lincoln Electric 67.20 45,360.12 131.71 88,904.25 1.5 2 040 1,377.00 1.5 Holdings,Inc 680 Masco Corp 54.13 36,805.20 58 91 40,058.80 0.7 0.940 639.20 1.6 120 Mastercard,Inc. 295.65 35,477.92 365.09 43,810.80 0.7 1 760 211.20 0.5 640 Medtronic Plc. 77.60 49,662.77 124 13 79,443.20 1 3 2.520 1,612.80 2 0 1,100 Merck&Co.,Inc. 49.00 53,898 79 77 77 85,547.00 1.4 2.600 2,860.00 3 3 110 Organon&Company 23 88 2,626 99 30.26 3,328.60 0.1 0.000 0.00 0.0 70 Palo Alto Networks 378.77 26,514.23 371.05 25,973.50 0.4 0.000 0 00 0.0 530 Pepsico,Inc. 93.75 49,690.09 148 17 78,530.10 1.3 4.300 2,279.00 2 9 500 PerkinElmer,Inc. 97.03 48,515.80 154.41 77,205.00 1.3 0.280 140.00 0.2 630 Phillips 66 72.18 45,473.90 85.82 54,066.60 0.9 3.600 2,268.00 4.2 700 Procter&Gamble 59.42 41,592.32 134.93 94,451 00 1 6 3.470 2,429 00 2.6 Company 825 Roche Holding,Ltd. 43.72 36,069.41 46.99 38,766 75 0.6 0.770 635 25 1.6 ADR 390 Rockwell Automation, 165.23 64,437.88 286.02 111,547.80 1.8 4 280 1,669.20 1.5 Inc. 250 Skyworks Solutions 126.14 31,535.10 191.75 47,937.50 0.8 2 000 500.00 1.0 470 Texas Instruments,Inc 58 53 27,511.42 192 30 90,381 00 1.5 4.080 1,917.60 2 1 120 VMWare,Inc 140.79 16,895.00 159.97 19,196.40 0.3 0.000 0 00 0 0 710 Ventas,Inc. 73.52 52,195.91 57.10 40,541.00 0 7 1.800 1,278.00 3 2 355 Verisk Analytics,Inc. 81.80 29,039.45 174.72 62,025.60 1 0 1.160 411.80 07 500 Vertiv Holdings 19 01 9,504.95 27 30 13,650.00 0 2 0.010 5 00 0.0 ill Company 725 WalMart,Inc. 62.11 45,027 81 141.02 102,239.50 1 7 2.200 1,595.00 1.6 2 Garrison Asset Management • PORTFOLIO APPRAISAL City of Fayetteville Police Pension and Relief Fund Charles Schwab #2448-5630 June 30, 2021 Adj Unit Total Adjusted Market Pct. Unit Annual Quantity Security Cost Cost Price Value Assets Income Income Yield 700 Waste Management,Inc 42 21 29,545.01 140.11 98,077.00 1.6 2.300 1,610.00 1.6 500 Xylem,Inc. 64 30 32,148 42 119 96 59,980.00 1.0 1 120 560.00 0.9 126 Zscaler,Inc. 209 15 26,353.42 216.06 27,223.56 0.4 0 000 0 00 0.0 1,992,971.80 3,689,050.68 61.0 66,252.28 1.8 MUTUAL FUNDS 3,817.879 Dodge&Cox Intl Stk 45.14 172,353.38 49.01 187,114.25 3 1 0.810 3,092.48 1.7 3,822.559 Oppenheimer 41.00 156,706.17 57.76 220,791.01 3.6 0.000 0.00 0 0 Developing Mkts A 329,059.55 407,905.26 6.7 3,092 48 0 8 UNIT TRUSTS 2,340 FT Energy Income& 34.20 80,032.95 14.50 33,930.00 0 6 1.200 2,808.00 8 3 Growth 3,350 iShares S&P US Pfd Stk 38.34 128,422.50 39.33 131,772.25 2 2 1 760 5,896.00 4 5 208,455.45 165,702 25 2.7 8,704 00 5.3 TOTAL PORTFOLIO 4,256,477.90 6,050,693.36 100.0 124,536.65 1.6 • You should carefully compare this statement to the statement you receive from your custodian and notify us immediately of any discrepancies. • • Garrison Asset Management PURCHASE AND SALE City of Fayetteville Police Pension and Relief Fund Charles Schwab #2448-5630 From 01-01-21 To 06-30-21 Trade Settle Unit Date Date Quantity Security Price Amount PURCHASES 02-11-21 02-16-21 1,145 Freeport-McMoRan Copper&Gold, 31.22 35,741.98 Inc. 02-18-21 02-22-21 680 Masco Corp. 54.13 36,805.20 02-03-21 02-05-21 70 Palo Alto Networks 378.77 26,514.23 02-03-21 02-05-21 126 Zscaler,Inc. 209.15 26,353.42 125,414.83 SALES 04-15-21 04-19-21 86 Abbott Laboratories 123.89 10,689.38 04-15-21 04-19-21 74 Abbott Laboratories 123.89 9,133.30 04-15-21 04-19-21 105 Accenture Plc. 285.26 29,952.68 04-15-21 04-19-21 25 Ansys,Inc. 374.26 9,356.56 04-15-21 04-19-21 100 Apple,Inc. 134.08 13,408.13 04-15-21 04-19-21 100 Apple,Inc. 134.08 13,408.43 411 04-15-21 04-19-21 20 Apple,Inc. 134.08 2,681.69 04-07-21 04-09-21 8 AutoZone,Inc. 1,427.75 11,422.04 04-15-21 04-19-21 20 AutoZone,Inc. 1,467.59 29,351.86 02-03-21 02-05-21 585 Check Point Software Tech Ltd. 123.20 72,070.76 04-07-21 04-09-21 35 Deere&Co. 375.29 13,135.08 04-15-21 04-19-21 25 Deere&Co. 381.71 9,542.70 04-07-21 04-09-21 75 Procter&Gamble Company 136.46 10,234.45 04-15-21 04-19-21 35 Rockwell Automation,Inc. 264.06 9,242.24 04-15-21 04-19-21 72 WalMart,Inc. 140.15 10,091.04 04-15-21 04-19-21 6 WalMart,Inc. 140.15 840.92 04-15-21 04-19-21 27 WalMart,Inc. 140.16 3,784.22 258,345.48 Garrison Asset Management ID REALIZED GAINS AND LOSSES City of Fayetteville Police Pension and Relief Fund Charles Schwab #2448-5630 From 01-01-21 Through 06-30-21 Gain Or Loss Open Close Cost Amort.or Date Date Quantity Security Basis Accretion Proceeds Short Term Long Term 03-19-15 02-03-21 585 Check Point Software Tech 49,979.59 72,070.76 22,091 17 Ltd 07-24-14 04-07-21 8 AutoZone,Inc. 4,128 75 11,422.04 7,293.29 03-19-15 04-07-21 35 Deere&Co. 3,071.68 13,135 08 10,063.40 03-19-09 04-07-21 75 Procter&Gamble Company 4,456.32 10,234.45 5,778.13 03-18-09 04-15-21 72 WalMart,Inc. 4,471.73 10,091.04 5,619.31 03-18-09 04-15-21 6 WalMart,Inc. 372.64 840.92 468.28 03-18-09 04-15-21 27 WalMart,Inc. 1,676 90 3,784.22 2,107.32 04-27-18 04-15-21 35 Rockwell Automation,Inc 5,782 89 9,242.24 3,459.35 07-24-14 04-15-21 20 AutoZone,Inc 10,321.87 29,351.86 19,029 99 03-19-15 04-15-21 25 Deere&Co 2,194.06 9,542.70 7,348 64 10-02-13 04-15-21 100 Apple,Inc 1,786 10 13,408.13 11,622 03 10-02-13 04-15-21 100 Apple,Inc. 1,786.10 13,408.43 11,622 33 10-02-13 04-15-21 20 Apple,Inc. 357.22 2,681.69 2,324 47 09-25-14 04-15-21 25 Ansys,Inc 1,891.85 9,356.56 7,464.71 03-19-15 04-15-21 105 Accenture Plc 9,534 67 29,952 68 20,418.01 03-05-14 04-15-21 86 Abbott Laboratories 3,456.78 10,689.38 7,232.60 12-31-14 04-15-21 74 Abbott Laboratories 2,901.62 9,133.30 6,231.68 TOTAL GAINS 0 00 150,174 71 TOTAL LOSSES 0.00 0.00 108,170.77 0.00 258,345.48 0.00 150,174.71 40 TOTAL REALIZED GAIN/LOSS 150,174 71 NO CAPITAL GAINS DISTRIBUTIONS • Garrison Asset Management PERFORMANCE SUMMARY GROSS OF FEES • City of Fayetteville Police Pension and Relief Fund Charles Schwab#2448-5630 June 30, 2021 PORTFOLIO COMPOSITION CHANGE IN PORTFOLIO Market Pct. Value Assets Yield Cash&Equivalents 103,840.08 1.7 0.0 Portfolio Value on 12-31-20 6,003,980.03 Money Market 0.00 0.0 - Accrued Interest 12,383.71 Account Fixed 1,781,098.35 29.4 1.3 Net Additions/Withdrawals -342,324.98 Income Account Equities 4,165,754.94 68.8 1.8 Realized Gains 13,675.96 Account 0.00 0.0 Unrealized Gains 301,56j.18 Commodities Income Received 61,542.51 Change in Accrued Interest -125.04 Portfolio Value on 06-30-21 6,038,434.70 Accrued Interest 12,258.67 Total 6,050,693.36 100.0 1.6 6,050,693.36 TIME WEIGHTED RETURN • Annualized Quarter Year Last 12 Inception To Date To Date Months To Date Account 3.71 6.48 20.87 7.33 40%Fixed Income/60% 5.42 8.51 23.20 9.68 Equity Blended Index Account Fixed Income 1.51 -0.39 1.65 2.89 Barclays Capital Intermed 0.82 -1.06 0.03 2.71 Govt/Credit Account Equities 4.78 9.80 33.02 10.40 S&P 500 8.55 15.25 40.79 14.10 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. 01111.1 GARRISON i ASSET MANAGEMENT July 9,2021 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 April 1 through June 30,2021 Portfolio Value as of 03-31-21 6,013,116 Portfolio Value as of 04-30-21 6,043,983 Portfolio Value as of 05-31-21 6,009,693 Portfolio Value as of 06-30-21 6,050,693 Average of 4 Months 6,029,371 6,029,371 @ 0.5000%per annum 7,537 Quarterly Management Fee 7,537 TOTAL DUE AND PAYABLE 7,537 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 • ASSET MANAGEMENT October 8, 2021 Ms. Kara Paxton City of Fayetteville 113 West Mountain Street Fayetteville, Arkansas 72701-6069 Dear Ms. Paxton, Enclosed is your quarterly report for the quarter ended September 30, 2021. The 3' quarter saw some reversal in economic activity as the Delta variant swept across the globe causing pandemic-sensitive sectors to experience a pullback, mask mandates reinstated in hot spots, and some factories shut down overseas. Fortunately, it looks like we've seen the worst from this variant as new cases appear to have peaked with the trend going in the right direction. A number of other concerns also hit investors' list of things to worry about such as the collapse of Evergrande Group in China, the timeline of monetary tightening, and the ongoing debt ceiling negotiations. These concerns along with many thinking earnings, valuations and GDP growth were at or near peak levels, gave the markets a bit of indigestion in • September. Equities managed to eke out a small gain for the quarter in spite of a weak September showing. The S&P 500 index registered a gain of+.58%for the quarter after the -4.7% sell off in September. Financials and Communication Services were the best performers for the quarter up +2.29% and +1.4% while Materials and Industrials were the biggest laggards down -3.94% and -4.55% respectively. International stocks retreated for the quarter with developed markets declining-.33% and emerging markets off-8.03%, leaving year-to-date performance of+8.84% and -1.16% respectively. The bond market yield (as measured by the 10-year Treasury) ended the 3Q at 1.49%, having been in a range of 1.17% and 1.54%over the quarter. Rates rose (bond prices down) continually from their early-August lows through the end of the quarter. The YTD low in rates came on 1/4/21, with the highs being seen on 3/31/21 at 1.74%. The average market yield YTD was 1.41%, not much different than the end of the 3Q at 1.49%. Yields continue to be volatile. Because the market continues to experience volatility, yields alone are deceptive compared to the markets' actual total return performance, as measured by the Barclays Intermediate Government/Credit Index. For the quarter, the Index was essentially flat, showing a return of +.04%. YTD the Index was down -1.03%. Garrison Asset Management 605 W. Dickson Street. Suite 201 • Fayetteville, Arkansas 72701 479-58 7-1045 • 888-442-763 7. 479-587-1257 Facsimile•www.GarrisonFinancial.com 0 0E11 GARRISON ASSET MANAGEMENT • City of Fayetteville Police Pension and Relief Fund Charles Schwab #2448-5630 Quarter Ending September 30, 2021 • • PORTFOLIO SUMMARY City of Fayetteville Police Pension and Relief Fund Charles Schwab #2448-5630 September 30, 2021 3.4% • •Cash &Equivalents 204,520.71 •Account Fixed Income 1,768,042.02 Account Equities 4,021,441.64 • • Garrison Asset Management PORTFOLIO APPRAISAL City of Fayetteville Police Pension and Relief Fund Charles Schwab #2448-5630 September 30, 2021 Adj Unit Total Adjusted Market Pct. Unit Annual Quantity Security Cost Cost Price Value Assets Income Income Yield CASH AND EQUIVALENTS Schwab Bank Sweep 204,520.71 204,520 71 3 4 0 010 20.45 0 0 204.520 71 204,520 71 3 4 20.45 0 0 CORPORATE BONDS 125,000 Sysco Corporation 100 25 125,310 99 101 52 126,901 62 2.1 2.600 3,250.00 0 4 2 600%Due 06-12-22 125,000 Oracle Corporation 100.26 125,320.46 102 26 127,828.12 2.1 2 500 3,125 00 0 3 2 500%Due 10-15-22 125,000 Intel Corporation 100 51 125,636.74 102 83 128,535.00 2 I 2.700 3,375 00 0 4 2 700°/.Due 12-15-22 110.000 Nike,Inc 100 63 110,698.30 102 64 112,900 70 1.9 2 250 2,475.00 0 6 2.250%Due 05-01-23 125,000 Apple Inc 100 55 125,684 95 103.31 129,134 25 2.2 2 400 3,000 00 0 3 2 400•/.Due 05-03-23 125,000 Procter&Gamble 102 13 127,665 88 105 12 131,399 25 2.2 3.100 3,875 00 0 4 Company 3 100%Due 08-15-23 110,000 JB Hunt Transport 105.05 115,555.27 110 62 121,682 99 2 0 3 875 4,262.50 1 4 Services,Inc 3 875%Due 03-01-26 100,000 Adobe,Inc 106.47 106,469 42 104 79 104,787 30 1 7 2.150 2,150 00 1 2 111, 2 150%Due 02-01-27 110,000 Kroger Company 3 700%Due 08-01-27 104.29 114,723 01 I l 1 12 122,236 95 2.0 3 700 4,070.00 17 60,000 Laboratory Corporation 104 91 62,944 43 110 02 66,014 10 1 1 3.600 2,160 00 1 8 of Amenca Holdings 3 600%Due 09-01-27 110,000 General Dynamics 102 69 112,953 86 106 69 117,361 20 2 0 2 625 2,887 50 15 Corporation 2 625%Due 11-15-27 100,000 Tyson Foods,Inc 119.65 119,648 25 115.65 115,653 70 1.9 4.350 4,350.00 2 1 4.350°/.Due 03-01-29 100,000 PepsiCo,Inc 104 16 104,159.56 10599 105,993 20 1.8 2 625 2,625.00 1 8 2 625%Due 07-29-29 110,000 FedEx Corporation 100.12 110,136 53 106 85 117,538 96 2 0 3 100 3,410 00 2 2 3 I00•/.Due 08-05-29 Accrued Interest 10,061 17 0 2 1,586,90766 1,638,028 52 27 3 45,015.00 1 I CONVERTIBLE PREFERRED 300 Bunge 4 875%Cony 108 63 32,588 95 119 95 35,985 00 0 6 4.875 1,462 50 4 1 Pfd 32,588.95 35,985 00 0 6 1,462 50 4 I COMMON STOCK 300 3M Company 164 93 49,479 55 175 42 52,626 00 0 9 5 920 1,776.00 3 4 1,680 AT&T,Inc 28 24 47,439 74 27 01 45,376 80 0 8 2 080 3,494 40 7 7 655 AbbVie,Inc 66 58 43,609 18 107 87 70,654 85 1 2 5.200 3,406 00 4 8 710 Abbott Laboratories 39 36 27,945 60 118 13 83,872 30 1.4 1.800 1,278 00 1.5 300 Accenture Plc 90 81 27,241 91 319.92 95,976.00 1 6 3 880 1,164.00 1 2 600 Akamai Technologies, 55.76 33,454 45 104 59 62,754 00 I 0 0 000 0.00 0.0 Inc 435 American Electric 78 40 34,102 70 81 18 35,313 30 0.6 2 960 1,287 60 3 6 Power 295 Amgen,Inc 114.33 33,727 26 212 65 62,731 75 I 0 7 040 2,076 80 3 3 111 250 Ansys,Inc 75.67 18,918 47 340 45 85,112 50 1 4 0 000 0 00 0 0 1 Garrison Asset Management PORTFOLIO APPRAISAL • City of Fayetteville Police Pension and Relief Fund Charles Schwab #2448-5630 September 30, 2021 Adj Unit Total Adjusted Market Pct. Unit Annual Quantity Security Cost Cost Price Value Assets Income Income Yield 695 Apple,Inc 17 86 12,413 42 14150 98,342 50 1 6 0 880 61160 06 685 AptarGroup,Inc 63 47 43,477 91 11935 81,754.75 14 1 520 1,041 20 1 3 145 Arista Networks,Inc 208 63 30,250 97 343 64 49,827 80 0 8 0.000 0 00 0 0 135 Aspen Technology 132 24 17,853 05 122 80 16,578 00 0 3 0 000 0 00 0 0 63 AutoZone,Inc 516.09 32,513 90 1,697.99 106,973 37 18 0 000 0 00 0 0 1,350 BCE,Inc. 24 40 32,934 20 50 06 67,581 00 I I 3 500 4,725.00 7 0 200 Becton,Dickinson& 113 97 22,793 26 245 82 49,164 00 0.8 3 320 664 00 14 Company 200 Broadcom,Inc 239 03 47,805 04 484 93 96,986 00 1.6 14 400 2,880 00 3 0 225 Broadridge Financial 41.33 9,298 79 166 64 37,494.00 0 6 2.560 576 00 15 Solutions,Inc 1,368 Brown-Forman 35 52 48,596 98 67 01 91,669.68 1.5 0.720 984 96 I 1 Corporation Class B 1,445 Cisco Systems,Inc 19 70 28,470 99 54 43 78,651 35 13 1480 2,138.60 2 7 1,400 Coca-Cola Company 30 98 43,374 60 52.47 73,458.00 1.2 1 680 2,352.00 3 2 1,150 ConocoPhillips 55.58 63,918 42 67 77 77,935.50 1 3 1840 2,116.00 2 7 250 Deere&Co 87 76 21,940.58 335 07 83,767.50 1.4 4 200 1,050.00 1 3 500 Disney,Walt Company 11091 55,454 90 169 17 84,585-00 14 0 000 0 00 0.0 550 Eastman Chemical 85 25 46,885.10 100 74 55,407.00 0.9 2 760 1,518 00 27 Company 1,145 Freeport-McMoRan 31 22 35,741 98 32 53 37,246.85 0.6 0 300 343 50 09 Copper&Gold,Inc. 3,865 Huntington Bancshares, 13 05 50,444 36 15 46 59,752.90 1 0 0 600 2,319.00 3.9 • ,. Illar Inc 305 IPG Photonics 120 18 36,654 02 158.40 48,312 00 0-8 0 000 0.00 0 0 Corporation 1,205 Intel Corporation 20 53 24,744 12 53 28 64,202 40 I I 1390 1,674 95 2 6 560 Johnson&Johnson 64 70 36,229 62 161.50 90,440 00 15 4 240 2,374 40 2 6 365 Kimberly-Clark 107 07 39,079 82 132.44 48,340.60 0 8 4 560 1,664 40 3 4 Corporation 335 Laboratory Corp. 125 86 42,163 99 281 44 94,282 40 1.6 0 000 0 00 0.0 America Holdings 675 Lincoln Electric 67 20 45,360.12 128.79 86,933.25 1 5 2.040 1,377 00 1 6 Holdings,Inc 680 Masco Corp 54 13 36,805 20 55 55 37,774.00 0 6 0.940 639 20 1.7 120 Mastercard,Inc 295 65 35,477 92 347 68 41,721 60 07 1760 211 20 0 5 640 Medtronic Plc. 77.60 49,662 77 125 35 80,224.00 1 3 2 520 1,612 80 2 0 1,100 Merck&Co.,Inc 49 00 53,898 79 75 11 82,621.00 14 2 600 2,860 00 3.5 110 Organon&Company 23 88 2,626 99 32 79 3,606.90 0 1 1.120 123 20 3 4 70 Palo Alto Networks 378 77 26,514 23 479 00 33,530.00 0 6 0 000 0 00 0 0 530 Pepsico,Inc 93 75 49,690 09 150.41 79,717.30 1 3 4.300 2,279 00 2 9 500 PerkinElmer,Inc 97 03 48,515 80 173.29 86,645 00 1.4 0 280 140 00 0.2 630 Phillips 66 72 18 45,473 90 70 03 44,118.90 0.7 3 600 2,268.00 5 1 630 Procter&Gamble 59 42 37,433 09 139 80 88,074 00 1 5 3 480 2,192 40 2 5 Company 825 Roche Holding,Ltd. 43 72 36,069 41 45 47 37,512 75 0 6 0 770 635.25 17 ADR 330 Rockwell Automation, 165 23 54,524 36 294 04 97,033 20 16 4 280 1,412.40 1.5 Inc 250 Skyworks Solutions 126 14 31,535 10 16478 41,195 00 0.7 2 240 560 00 14 470 Texas Instruments,Inc 58 53 27,511 42 192.21 90,338 70 1.5 4.600 2,162 00 2.4 120 VMWare,Inc 140 79 16,895 00 148 70 17,844 00 0 3 0.000 0 00 0.0 710 Ventas,Inc 73 52 52,195 91 55.21 39,199 10 0 7 1 800 1,278 00 3 3 355 Verisk Analytres,Inc 81 80 29,039.45 200 27 71,095-85 12 1.160 41180 06 500 Vertiv Holdings 19 01 9,504 95 24 09 12,045 00 0 2 0 010 5 00 0 0 Company 4, 655 WalMart,Inc 62 11 40,680.30 139 38 91,293 90 1.5 2 200 1,441 00 1 6 411 low2 411 Garrison Asset Management PORTFOLIO APPRAISAL City of Fayetteville Police Pension and Relief Fund Charles Schwab#2448-5630 September 30, 2021 Adj Unit Total Adjusted Market Pct. Unit Annual Quantity Security Cost Cost Price Value Assets Income Income Yield 635 Waste Management,Inc 42 21 26,801 55 149 36 94,843 60 1 6 2 300 1,460.50 15 500 Xylem,Inc 64 30 32,148 42 123 68 61,840 00 1 0 1 120 560 00 0.9 252 Zscaler,Inc 243 08 61,256.26 262 22 66,079 44 I I 0 000 0.00 0 0 1,988,579 92 3,572,456.59 59 6 67,145 16 1.9 MUTUAL FUNDS 3,817 879 Dodge&Cox Intl Stk 45 14 172,353 38 47 38 180,891 I I 3.0 0.810 3,092 48 1.7 3,822 559 Oppenheimer 41 00 156,706 17 52 42 200,378 54 3 3 0 000 0.00 0 0 Developing Mkts A 329,059.55 381,269 65 6.4 3,092 48 0.8 UNIT TRUSTS 2,340 FT Energy Income& 34 20 80,032 95 13 56 31,730 40 0 5 1.200 2,808.00 8.8 Growth 3,350 iShares S&P US Pfd Stk 38 34 128,422.50 38 81 130,013.50 2.2 1.740 5,829.00 4.5 208,455.45 161,743 90 2 7 8,637 00 5 3 TOTAL PORTFOLIO 4,350,112.24 5,994,004.37 100.0 125,372.59 1.6 4/1 . You should carefully compare this statement to the statement you receive from your custodian and notify us immediately of any discrepancies • 3 Garrison Asset Management0 41101, PURCHASE AND SALE City of Fayetteville Police Pension and Relief Fund Charles Schwab #2448-5630 From 01-01-21 To 09-30-21 Trade Settle Unit Date Date Quantity Security Price Amount PURCHASES 02-11-21 02-16-21 1,145 Freeport-McMoRan Copper&Gold, 31.22 35,741.98 Inc. 02-18-21 02-22-21 680 Masco Corp. 54.13 36,805.20 02-03-21 02-05-21 70 Palo Alto Networks 378.77 26,514.23 02-03-21 02-05-21 126 Zscaler,Inc. 209.15 26,353.42 09-01-21 09-03-21 126 Zscaler,Inc. 277.01 34,902.84 160,317.67 SALES 04-15-21 04-19-21 86 Abbott Laboratories 123.89 10,689.38 04-15-21 04-19-21 74 Abbott Laboratories 123.89 9,133.30 04-15-21 04-19-21 105 Accenture Plc. 285.26 29,952.68 09-24-21 09-28-21 60 Accenture Plc. 338.88 20,332.70 04-15-21 04-19-21 25 Ansys,Inc. 374.26 9,356.56 04-15-21 04-19-21 100 Apple,Inc. 134.08 13,408.13 kir 04-15-21 04-19-21 100 Apple,Inc. 134.08 13,408.43 04-15-21 04-19-21 20 Apple,Inc. 134.08 2,681.69 III 09-24-21 09-28-21 85 Apple,Inc. 147.13 12,506.10 04-07-21 04-09-21 8 AutoZone,Inc. 1,427.75 11,422.04 04-15-21 04-19-21 20 AutoZone, Inc. 1,467.59 29,351.86 09-24-21 09-28-21 7 AutoZone, Inc. 1,699.80 11,898.62 02-03-21 02-05-21 585 Check Point Software Tech Ltd. 123.20 72,070.76 04-07-21 04-09-21 35 Deere&Co. 375.29 13,135.08 04-15-21 04-19-21 25 Deere&Co. 381.71 9,542.70 09-24-21 09-28-21 60 Laboratory Corp.America Holdings 296.45 17,786.86 04-07-21 04-09-21 75 Procter&Gamble Company 136.46 10,234.45 09-24-21 09-28-21 70 Procter&Gamble Company 143.83 10,068.11 04-15-21 04-19-21 35 Rockwell Automation,Inc. 264.06 9,242.24 09-24-21 09-28-21 60 Rockwell Automation,Inc. 303.05 18,183.30 04-15-21 04-19-21 72 WalMart,Inc. 140.15 10,091.04 04-15-21 04-19-21 6 WalMart,Inc. 140.15 840.92 04-15-21 04-19-21 27 WalMart,Inc. 140.16 3,784.22 09-24-21 09-28-21 70 WalMart,Inc. 143.41 10,038.37 09-24-21 09-28-21 65 Waste Management,Inc. 154.00 10,010.00 369,169.54 0 Garrison Asset Management REALIZED GAINS AND LOSSES City of Fayetteville Police Pension and Relief Fund Charles Schwab #2448-5630 From 01-01-21 Through 09-30-21 Gain Or Loss Open Close Cost Amort.or Date Date Quantity Security Basis Accretion Proceeds Short Term Long Term 03-19-15 02-03-21 585 Check Point Software Tech 49,979 59 72,070 76 22,091 17 Ltd 07-24-14 04-07-21 8 AutoZone,Inc 4,128 75 11,422 04 7,293 29 03-19-1 5 04-07-21 35 Deere&Co. 3,071 68 13,135.08 10,063 40 03-19-09 04-07-21 75 Procter&Gamble Company 4,456 32 10,234 45 5,778 13 03-18-09 04-15-21 72 WalMart,Inc. 4,471.73 10,091 04 5,619 31 03-18-09 04-15-21 6 WalMart,Inc. 372 64 840 92 468 28 • 03-18-09 04-15-21 27 WalMart,Inc. 1,676.90 3,784 22 2,107 32 04-27-18 04-15-21 35 Rockwell Automation,Inc. 5,782 89 9,242 24 3,459.35 07-24-14 04-15-21 20 AutoZone,Inc 10,321 87 29,351 86 19,029 99 03-19-I5 04-15-21 25 Deere&Co. 2,19406 9,542 70 7,348.64 10-02-13 04-15-21 100 Apple,Inc 1,786 10 13,408.13 11,622 03 10-02-13 04-15-21 100 Apple,Inc 1,786 10 13,408 43 11,622 33 10-02-13 04-15-21 20 Apple,Inc. 357 22 2,681.69 2,324 47 09-25-14 04-15-21 25 Ansys,Inc 1,891 85 9,356 56 7,464.71 03-19-15 04-15-21 105 Accenture Plc 9,534 67 29,952.68 20,418.01 03-05-14 04-15-21 86 Abbott Laboratories 3,456.78 10,689 38 7,232.60 12-31-14 04-15-21 74 Abbott Laboratories 2,901 62 9,133.30 6,231.68 04-02-14 09-24-21 65 Waste Management,Inc 2,743 47 10,010 00 7,266.53 04-27-18 09-24-21 60 Rockwell Automation,Inc 9,913 52 18,183.30 8,269.78 03-I9-09 09-24-21 70 Procter&Gamble Company 4,159 23 10,068.11 5,908.88 07-24-14 09-24-21 7 AutoZone,Inc 3,612.66 11,898 62 8,285 96 1110 10-02-13 09-24-21 85 Apple,Inc. 1,518.19 12,506 10 10,987 91 03-18-09 09-24-21 70 WalMart,Inc. 4,347 51 10,038 37 5,690 86 03-19-15 09-24-21 60 Accenture Plc 5,448 38 20,332 70 14,884.32 03-19-15 09-24-21 60 Laboratory Corp America 7.551 76 17,786 86 10,235.10 Holdings TOTAL GAINS 0 00 221,704.03 TOTAL LOSSES 0.00 0.00 147,465.49 0.00 369,169.54 0.00 221,704.05 TOTAL REALIZED GAIN/LOSS 221,704.05 NO CAPITAL GAINS DISTRIBUTIONS • Garrison Asset Management PERFORMANCE SUMMARY GROSS OF FEES City of Fayetteville Police Pension and Relief Fund Ir Charles Schwab #2448-5630 • September 30, 2021 PORTFOLIO COMPOSITION CHANGE IN PORTFOLIO Market Pct. Value Assets Yield Cash&Equivalents 204,520.71 3.4 0.0 Portfolio Value on 12-31-20 6,003,980.03 Money Market 0.00 0.0 - Accrued Interest 12,383.71 Account Fixed 1,768,042.02 29.5 1.3 Net Additions/Withdrawals -350,096.64 Income Account Equities 4,021,441.64 67.1 1.9 Realized Gains 34,493.34 Account 0.00 0.0 - Unrealized Gains 201,492.89 Commodities Income Received 94,073.58 Change in Accrued Interest -2,322.54 Portfolio Value on 09-30-21 5,983,943.20 Accrued Interest 10,061.17 Total 5,994,004.37 100.0 1.6 5,994,004.37 TIME WEIGHTED RETURN fitir Annualized Quarter Year Last 12 Inception II To Date To Date Months To Date Account -0.81 5.62 13.97 6.95 40%Fixed Income/60% 0.40 8.95 17.10 9.39 Equity Blended Index Account Fixed Income 0.10 -0.28 0.58 2.81 Barclays Capital Intermed 0.04 -1.03 -0.54 2.62 Govt/Credit Account Equities -1.26 8.42 21.64 9.83 S&P 500 0.58 15.92 30.00 13.67 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 thy portfolio accounting software. Calculations are a time-weighted total return series based on monthly valuations, including all cas 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. . ,g0,5 0 GARRISON ASSET MANAGEMENT October 9,2021 City of Fayetteville Police Pension and Relief Fund Charles Schwab#2448-5630 113 West Mountain Fayetteville,AR 72701 STATEMENT OF MANAGEMENT FEES IPFor The Period July 1 through September 30,2021 Portfolio Value as of 06-30-21 6,050,693 Portfolio Value as of 07-31-21 6,142,794 Portfolio Value as of 08-31-21 6,189,870 Portfolio Value as of 09-30-21 5,994,004 Average of 4 Months 6,094,340 6,094,340 @ 0.5000%per annum 7,618 Quarterly Management Fee 7,618 TOTAL DUE AND PAYABLE 7,618 1/11 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 April 15,2020 Page 1of3 • F FAYET . Lioneld Jordan Chairman FL , Ruston Cole Retired Position 2 Kara Paxton Treasurer John Brown Retired Position 3 Eldon Roberts Secretary t' \, —� Melvin Stanley Retired Position 4 Retired Position I • — Frank Johnson Retired Position 5 J11 1 '. 4RkA'NI 5PS- Policemen's Pension and Relief Fund Board of Trustees Meeting Minutes April 15, 2021 A meeting of the Fayetteville Policemen's Pension and Relief Fund Board of Trustees was held on April 15,2020 at 3:00 p.m. via teleconference in Room 326 of the City Administration Building located at 113 West Mountain Street, Fayetteville, Arkansas. Mayor Jordan called the meeting to order. Board Members Present: John Brown, Ruston Cole, Eldon Roberts, Melvin Stanley, Mayor Jordan, and City Clerk Kara Paxton Staff and Others Present: Finance Director Paul Becker, Assistant City Attorney Blake Pennington,and Deputy Clerk Lisa Branson. In addition,Glenn Atkins and James Bell with Garrison Financial were present via teleconference. Absent: Frank Johnson Garrison Financial: Quarterly Reports ending December 31st, 2020 and March 31st,2021 James Bell spoke primarily about the quarter ending March 31st, 2021. Provided information regarding the ending balance of just over $6,013,000 for the quarter. He went on to explain the changes to the portfolio. He went on to explain that a few companies had been added to the portfolio but explained that Garrison Financial would continue to monitor these companies. Garrison Financial also removed a company from the portfolio. He finished up his performance report by explaining stock was up by 4.8% and bonds were down by 1.87%. Glenn Atkins spoke about interest rates being down for fixed income by about 2%. He provided additional information regarding the portfolio regarding the changes with adding and removing companies from the portfolio. He also explained that the portfolio was up by almost 6% instead of the indexed 2%. Glenn talked about the lower risk being taken due to the risk being placed in • solid corporate bonds,which have maturities right on top of the index, instead of interest rate risks. Glenn when on to explain that he has been very pleased with the last 12 months of performance. Policemen's Pension and Relief Fund Board of Trustees Minutes April 15,2020 Page 2 of 3 Minutes: 1111 Approval of the October 15th, 2020 meeting minutes John Brown moved to approve the October 15th, 2020 meeting minutes. Ruston Cole seconded the motion. The motion passed 6-0. John Brown, Ruston Cole, Melvin Stanley, Eldon Roberts, City Clerk Kara Paxton and Mayor Jordan voted yes. Frank Johnson was absent. Pension List Changes: Joyce Williams—Date of Death 11/06/2020 Approval of the Pension List: Approval of the revised June, July, August, September, October 2020 pension lists. Approval of the November,December 2020 and January, February,March and April 2021 pension lists. Eldon Roberts moved to approve the December 2020 & January through April 2021 revised4110 Pension Lists. Melvin Stanley seconded the motion. The motion passed 6-0. John Brown, Ruston Cole, Melvin Stanley, Eldon Roberts, City Clerk Kara Paxton and Mayor Jordan voted yes. Frank Johnson was absent. Melvin Stanley moved to approve the May through October 2021 Pension Lists. Eldon Roberts seconded the motion. The motion passed 6-0. John Brown, Ruston Cole, Melvin Stanley, Eldon Roberts, City Clerk Kara Paxton and Mayor Jordan voted yes. Frank Johnson was absent. New Business: Revenue Expense Summary 12/31/2020 & 03/31/2021 Lisa Branson, Deputy City Clerk stated that is the report that the accounting department completes for every meeting. Informational: Next Meeting—October 21,2021 Note: All meetings are tentative and subject to change. The City meetings calendar is located on 4111 www.fayettevil le-ar.gov Policemen's Pension and Relief Fund Board of Trustees Minutes April 15,2020 Page 3 of3 Adjourn: 3:25 p.m. • • 2021 6800-9800 6800-9800 Regular Mo 5335-00 5335-05 Benefit YTD Reg Benefit Suppl. YTD Suppl. Future Hours Code Supplement for Fut Supp $ 1,587.41 $ 17,461.51 $ 50.00 $ 550.00 99820 111 $ 1,125.64 $ 12,382.04 $ 50.00 $ 550.00 99820 $ 4,820.09 $ 53,020.99 $ 50.00 $ 550.00 99820 $ 2,860.17 $ 31,461.87 $ 50.00 $ 550.00 99820 $ 4,362.01 $ 47,982.11 $ 50.00 $ 550.00 99820 $ 2,106.04 $ 23,166.44 $ 50.00 $ 550.00 99820 $ 3,065.74 $ 33,723.14 $ 50.00 $ 550.00 99820 $ 3,163.74 $ 34,801.14 $ 50.00 $ 550.00 99820 $ 3,207.35 $ 35,280.85 $ 50.00 $ 550.00 99820 $ 1,970.42 $ 21,674.62 $ 50.00 $ 550.00 99820 $ 1,368.59 $ 15,054.49 $ - $ - $ 1,368.59 $ 15,054.49 $ 50.00 $ 550.00 99820 $ 5,838.12 $ 64,219.32 $ 50.00 $ 550.00 99820 $ 7,460.01 $ 82,060.11 $ 50.00 $ 550.00 99820 $ 272.01 $ 2,992.11 $ 7,974.81 $ 87,722.91 $ 50.00 $ 550.00 99820 $ 2,455.50 $ 27,010.50 $ 50.00 $ 550.00 99820 $ 3,300.45 $ 36,304.95 $ 50.00 $ 550.00 99820 $ 1,182.26 $ 13,004.86 $ 2,046.48 $ 22,511.28 $ 50.00 $ 550.00 99820 $ 3,692.85 $ 40,621.35 $ 50.00 $ 550.00 99820 $ 1,694.79 $ 18,642.69 $ 50.00 $ 550.00 99820 $ 2,305.29 $ 25,358.19 $ 50.00 $ 550.00 99820 $ 4,198.15 $ 46,179.65 $ 50.00 $ 550.00 99820 $ 405.75 $ 4,463.25 $ 50.00 $ 550.00 99820 $ 2,322.67 $ 25,549.37 $ 50.00 $ 550.00 99820 • $ 1,525.07 $ 16,775.77 $ - $ - $ 1,754.44 $ 19,298.84 $ 50.00 $ 550.00 99820 $ 1,601.37 $ 17,615.07 $ 50.00 $ 550.00 99820 $ 2,231.07 $ 24,541.77 $ 50.00 $ 550.00 99820 $ 1,669.37 $ 18,363.07 $ 50.00 $ 550.00 99820 $ 4,263.24 $ 46,895.64 $ 50.00 $ 550.00 99820 $ 587.09 $ 6,457.99 $ - $ - $ 3,216.13 $ 35,377.43 $ - i pay $ 442.89 $ 4,871.79 $ - $ 1,558.68 $ 17,145.48 $ 50.00 $ 550.00 99820 $ 1,558.68 $ 17,145.48 $ - $ - $ 4,880.07 $ 53,680.77 $ 50.00 $ 550.00 99820 $ 2,721.40 $ 29,935.40 $ 50.00 $ 550.00 $ 2,063.93 $ 22,703.23 $ 50.00 $ 550.00 99820 $ 6,947.05 $ 76,417.55 $ 50.00 $ 550.00 99820 $ 113,175.41 $ 1,244,929.51 $1,650.00 $ 18,150.00 $ - • 2021 6800-9800 6800-9800 Regular Mo 5335-00 5335-05 Benefit YTD Reg Benefit Suppl. YTD Suppl. Future Hours Code Supplement for Fut Supp • $ 1,587.41 $ 19,048.92 $ 50.00 $ 600.00 99820 $ 1,125.64 $ 13,507.68 $ 50.00 $ 600.00 99820 $ 4,820.09 $ 57,841.08 $ 50.00 $ 600.00 99820 $ 2,860.17 $ 34,322.04 $ 50.00 $ 600.00 99820 $ 4,362.01 $ 52,344.12 $ 50.00 $ 600.00 99820 $ 2,106.04 $ 25,272.48 $ 50.00 $ 600.00 99820 $ 3,065.74 $ 36,788.88 $ 50.00 $ 600.00 99820 $ 3,163.74 $ 37,964.88 $ 50.00 $ 600.00 99820 $ 3,207.35 $ 38,488.20 $ 50.00 $ 600.00 99820 $ 1,970.42 $ 23,645.04 $ 50.00 $ 600.00 99820 $ 1,368.59 $ 16,423.08 $ - $ - $ 1,368.59 $ 16,423.08 $ 50.00 $ 600.00 99820 $ 5,838.12 $ 70,057.44 $ 50.00 $ 600.00 99820 $ 7,460.01 $ 89,520.12 $ 50.00 $ 600.00 99820 $ 272.01 $ 3,264.12 $ 7,974.81 $ 95,697.72 $ 50.00 $ 600.00 99820 $ 2,455.50 $ 29,466.00 $ 50.00 $ 600.00 99820 $ 3,300.45 $ 39,605.40 $ 50.00 $ 600.00 99820 $ 1,182.26 $ 14,187.12 $ 2,046.48 $ 24,557.76 $ 50.00 $ 600.00 99820 $ 3,692.85 $ 44,314.20 $ 50.00 $ 600.00 99820 $ 1,694.79 $ 20,337.48 $ 50.00 $ 600.00 99820 $ 2,305.29 $ 27,663.48 $ 50.00 $ 600.00 99820 $ 4,198.15 $ 50,377.80 $ 50.00 $ 600.00 99820 $ 405.75 $ 4,869.00 $ 50.00 $ 600.00 99820 0 $ 2,322.67 $ 27,872.04 $ 50.00 $ 600.00 99820 $ 1,525.07 $ 18,300.84 $ $ $ 1,754.44 $ 21,053.28 $ 50.00 $ 600.00 99820 $ 1,601.37 $ 19,216.44 $ 50.00 $ 600.00 99820 $ 2,231.07 $ 26,772.84 $ 50.00 $ 600.00 99820 $ 1,669.37 $ 20,032.44 $ 50.00 $ 600.00 99820 $ 4,263.24 $ 51,158.88 $ 50.00 $ 600.00 99820 $ 587.09 $ 7,045.08 $ - $ - $ 3,216.13 $ 38,593.56 $ - 1 pay $ 442.89 $ 5,314.68 $ - $ 1,558.68 $ 18,704.16 $ 50.00 $ 600.00 99820 $ 1,558.68 $ 18,704.16 $ - $ - $ 4,880.07 $ 58,560.84 $ 50.00 $ 600.00 99820 $ 2,721.40 $ 32,656.80 $ 50.00 $ 600.00 $ 2,063.93 $ 24,767.16 $ 50.00 $ 600.00 99820 $ 6,947.05 $ 83,364.60 $ 50.00 $ 600.00 99820 $ 113,175.41 $ 1,358,104.92 $1,650.00 $ 19,800.00 $ - • 2022 6800-9800 6800-9800 Regular Mo 5335-00 5335-05 Benefit YTD Reg Benefit Suppl. YTD Suppl. Future Hours Code Supplement for Fut Supp $ 1,587.41 $ 1,587.41 $ 50.00 $ 50.00 99820 III $ 1,125.64 $ 1,125.64 $ 50.00 $ 50.00 99820 $ 4,820.09 $ 4,820.09 $ 50.00 $ 50.00 99820 $ 2,860.17 $ 2,860.17 $ 50.00 $ 50.00 99820 $ 4,362.01 $ 4,362.01 $ 50.00 $ 50.00 99820 $ 2,106.04 $ 2,106.04 $ 50.00 $ 50.00 99820 $ 3,065.74 $ 3,065.74 $ 50.00 $ 50.00 99820 $ 3,163.74 $ 3,163.74 $ 50.00 $ 50.00 99820 $ 3,207.35 $ 3,207.35 $ 50.00 $ 50.00 99820 $ 1,970.42 $ 1,970.42 $ 50.00 $ 50.00 99820 $ 1,368.59 $ 1,368.59 $ - $ - $ 1,368.59 $ 1,368.59 $ 50.00 $ 50.00 99820 $ 5,838.12 $ 5,838.12 $ 50.00 $ 50.00 99820 $ 7,460.01 $ 7,460.01 $ 50.00 $ 50.00 99820 $ 272.01 $ 272.01 $ 7,974.81 $ 7,974.81 $ 50.00 $ 50.00 99820 $ 2,455.50 $ 2,455.50 $ 50.00 $ 50.00 99820 $ 3,300.45 $ 3,300.45 $ 50.00 $ 50.00 99820 $ 1,182.26 $ 1,182.26 $ 2,046.48 $ 2,046.48 $ 50.00 $ 50.00 99820 $ 3,692.85 $ 3,692.85 $ 50.00 $ 50.00 99820 $ 1,694.79 $ 1,694.79 $ 50.00 $ 50.00 99820 $ 2,305.29 $ 2,305.29 $ 50.00 $ 50.00 99820 $ 4,198.15 $ 4,198.15 $ 50.00 $ 50.00 99820 $ 405.75 $ 405.75 $ 50.00 $ 50.00 99820 $ 2,322.67 $ 2,322.67 $ 50.00 $ 50.00 99820 • $ 1,525.07 $ 1,525.07 $ - $ - $ 1,754.44 $ 1,754.44 $ 50.00 $ 50.00 99820 $ 1,601.37 $ 1,601.37 $ 50.00 $ 50.00 99820 $ 2,231.07 $ 2,231.07 $ 50.00 $ 50.00 99820 $ 1,669.37 $ 1,669.37 $ 50.00 $ 50.00 99820 $ 4,263.24 $ 4,263.24 $ 50.00 $ 50.00 99820 $ 587.09 $ 587.09 $ - $ - $ 3,216.13 $ 3,216.13 $ - i pay $ 442.89 $ 442.89 $ - $ 1,558.68 $ 1,558.68 $ 50.00 $ 50.00 99820 $ 1,558.68 $ 1,558.68 $ - $ - $ 4,880.07 $ 4,880.07 $ 50.00 $ 50.00 99820 $ 2,721.40 $ 2,721.40 $ 50.00 $ 50.00 $ 2,063.93 $ 2,063.93 $ 50.00 $ 50.00 99820 $ 6,947.05 $ 6,947.05 $ 50.00 $ 50.00 99820 $ 113,175.41 $ 113,175.41 $1,650.00 $ 1,650.00 $ - 2022 6800-9800 6800-9800 Regular Mo 5335-00 5335-05 Benefit YTD Reg Benefit Suppl. YTD Suppl. Future Hours Code Supplement for Fut Supp • $ 1,587.41 $ 3,174.82 $ 50.00 $ 100.00 99820 $ 1,125.64 $ 2,251.28 $ 50.00 $ 100.00 99820 $ 4,820.09 $ 9,640.18 $ 50.00 $ 100.00 99820 $ 2,860.17 $ 5,720.34 $ 50.00 $ 100.00 99820 $ 4,362.01 $ 8,724.02 $ 50.00 $ 100.00 99820 $ 2,106.04 $ 4,212.08 $ 50.00 $ 100.00 99820 $ 3,065.74 $ 6,131.48 $ 50.00 $ 100.00 99820 $ 3,163.74 $ 6,327.48 $ 50.00 $ 100.00 99820 $ 3,207.35 $ 6,414.70 $ 50.00 $ 100.00 99820 $ 1,970.42 $ 3,940.84 $ 50.00 $ 100.00 99820 $ 1,368.59 $ 2,737.18 $ - $ - $ 1,368.59 $ 2,737.18 $ 50.00 $ 100.00 99820 $ 5,838.12 $ 11,676.24 $ 50.00 $ 100.00 99820 $ 7,460.01 $ 14,920.02 $ 50.00 $ 100.00 99820 $ 272.01 $ 544.02 $ 7,974.81 $ 15,949.62 $ 50.00 $ 100.00 99820 $ 2,455.50 $ 4,911.00 $ 50.00 $ 100.00 99820 $ 3,300.45 $ 6,600.90 $ 50.00 $ 100.00 99820 $ 1,182.26 $ 2,364.52 $ 2,046.48 $ 4,092.96 $ 50.00 $ 100.00 99820 $ 3,692.85 $ 7,385.70 $ 50.00 $ 100.00 99820 $ 1,694.79 $ 3,389.58 $ 50.00 $ 100.00 99820 $ 2,305.29 $ 4,610.58 $ 50.00 $ 100.00 99820 $ 4,198.15 $ 8,396.30 $ 50.00 $ 100.00 99820 $ 405.75 $ 811.50 $ 50.00 $ 100.00 99820 III $ 2,322.67 $ 4,645.34 $ 50.00 $ 100.00 99820 $ 1,525.07 $ 3,050.14 $ $ $ 1,754.44 $ 3,508.88 $ 50.00 $ 100.00 99820 $ 1,601.37 $ 3,202.74 $ 50.00 $ 100.00 99820 $ 2,231.07 $ 4,462.14 $ 50.00 $ 100.00 99820 $ 1,669.37 $ 3,338.74 $ 50.00 $ 100.00 99820 $ 4,263.24 $ 8,526.48 $ 50.00 $ 100.00 99820 $ 587.09 $ 1,174.18 $ - $ - $ 3,216.13 $ 6,432.26 $ - J pay $ 442.89 $ 885.78 $ - $ 1,558.68 $ 3,117.36 $ 50.00 $ 100.00 99820 $ 1,558.68 $ 3,117.36 $ - $ - $ 4,880.07 $ 9,760.14 $ 50.00 $ 100.00 99820 $ 2,721.40 $ 5,442.80 $ 50.00 $ 100.00 $ 2,063.93 $ 4,127.86 $ 50.00 $ 100.00 99820 $ 6,947.05 $ 13,894.10 $ 50.00 $ 100.00 99820 $ 113,175.41 $ 226,350.82 $1,650.00 $ 3,300.00 $ - 0 2022 6800-9800 6800-9800 Regular Mo 5335-00 5335-05 Benefit YTD Reg Benefit Suppl. YTD Suppl. Future Hours Code Supplement for Fut Supp $ 1,587.41 $ 4,762.23 $ 50.00 $ 150.00 99820 • $ 1,125.64 $ 3,376.92 $ 50.00 $ 150.00 99820 $ 4,820.09 $ 14,460.27 $ 50.00 $ 150.00 99820 $ 2,860.17 $ 8,580.51 $ 50.00 $ 150.00 99820 $ 4,362.01 $ 13,086.03 $ 50.00 $ 150.00 99820 $ 2,106.04 $ 6,318.12 $ 50.00 $ 150.00 99820 $ 3,065.74 $ 9,197.22 $ 50.00 $ 150.00 99820 $ 3,163.74 $ 9,491.22 $ 50.00 $ 150.00 99820 $ 3,207.35 $ 9,622.05 $ 50.00 $ 150.00 99820 $ 1,970.42 $ 5,911.26 $ 50.00 $ 150.00 99820 $ 1,368.59 $ 4,105.77 $ - $ - $ 1,368.59 $ 4,105.77 $ 50.00 $ 150.00 99820 $ 5,838.12 $ 17,514.36 $ 50.00 $ 150.00 99820 $ 7,460.01 $ 22,380.03 $ 50.00 $ 150.00 99820 $ 272.01 $ 816.03 $ 7,974.81 $ 23,924.43 $ 50.00 $ 150.00 99820 $ 2,455.50 $ 7,366.50 $ 50.00 $ 150.00 99820 $ 3,300.45 $ 9,901.35 $ 50.00 $ 150.00 99820 $ 1,182.26 $ 3,546.78 $ 2,046.48 $ 6,139.44 $ 50.00 $ 150.00 99820 $ 3,692.85 $ 11,078.55 $ 50.00 $ 150.00 99820 $ 1,694.79 $ 5,084.37 $ 50.00 $ 150.00 99820 $ 2,305.29 $ 6,915.87 $ 50.00 $ 150.00 99820 $ 4,198.15 $ 12,594.45 $ 50.00 $ 150.00 99820 $ 405.75 $ 1,217.25 $ 50.00 $ 150.00 99820 $ 2,322.67 $ 6,968.01 $ 50.00 $ 150.00 99820 $ 1,525.07 $ 4,575.21 $ - $ - • $ 1,754.44 $ 5,263.32 $ 50.00 $ 150.00 99820 $ 1,601.37 $ 4,804.11 $ 50.00 $ 150.00 99820 $ 2,231.07 $ 6,693.21 $ 50.00 $ 150.00 99820 $ 1,669.37 $ 5,008.11 $ 50.00 $ 150.00 99820 $ 4,263.24 $ 12,789.72 $ 50.00 $ 150.00 99820 $ 587.09 $ 1,761.27 $ - $ - $ 3,216.13 $ 9,648.39 $ - 1 pay $ 442.89 $ 1,328.67 $ - $ 1,558.68 $ 4,676.04 $ 50.00 $ 150.00 99820 $ 1,558.68 $ 4,676.04 $ - $ - $ 4,880.07 $ 14,640.21 $ 50.00 $ 150.00 99820 $ 2,721.40 $ 8,164.20 $ 50.00 $ 150.00 $ 2,063.93 $ 6,191.79 $ 50.00 $ 150.00 99820 $ 6,947.05 $ 20,841.15 $ 50.00 $ 150.00 99820 $ 113,175.41 $ 339,526.23 $1,650.00 $ 4,950.00 $ - • 2022 6800-9800 6800-9800 Regular Mo 5335-00 5335-05 Benefit YTD Reg Benefit Suppl. YTD Suppl. Future Hours Code Supplement for Fut Supp • $ 1,587.41 $ 6,349.64 $ 50.00 $ 200.00 99820 $ 1,125.64 $ 4,502.56 $ 50.00 $ 200.00 99820 $ 4,820.09 $ 19,280.36 $ 50.00 $ 200.00 99820 $ 2,860.17 $ 11,440.68 $ 50.00 $ 200.00 99820 $ 4,362.01 $ 17,448.04 $ 50.00 $ 200.00 99820 $ 2,106.04 $ 8,424.16 $ 50.00 $ 200.00 99820 $ 3,065.74 $ 12,262.96 $ 50.00 $ 200.00 99820 $ 3,163.74 $ 12,654.96 $ 50.00 $ 200.00 99820 $ 3,207.35 $ 12,829.40 $ 50.00 $ 200.00 99820 $ 1,970.42 $ 7,881.68 $ 50.00 $ 200.00 99820 $ 1,368.59 $ 5,474.36 $ - $ - $ 1,368.59 $ 5,474.36 $ 50.00 $ 200.00 99820 $ 5,838.12 $ 23,352.48 $ 50.00 $ 200.00 99820 $ 7,460.01 $ 29,840.04 $ 50.00 $ 200.00 99820 $ 272.01 $ 1,088.04 $ 7,974.81 $ 31,899.24 $ 50.00 $ 200.00 99820 $ 2,455.50 $ 9,822.00 $ 50.00 $ 200.00 99820 $ 3,300.45 $ 13,201.80 $ 50.00 $ 200.00 99820 $ 1,182.26 $ 4,729.04 $ 2,046.48 $ 8,185.92 $ 50.00 $ 200.00 99820 $ 3,692.85 $ 14,771.40 $ 50.00 $ 200.00 99820 $ 1,694.79 $ 6,779.16 $ 50.00 $ 200.00 99820 $ 2,305.29 $ 9,221.16 $ 50.00 $ 200.00 99820 $ 4,198.15 $ 16,792.60 $ 50.00 $ 200.00 99820 $ 405.75 $ 1,623.00 $ 50.00 $ 200.00 99820 0 $ 2,322.67 $ 9,290.68 $ 50.00 $ 200.00 99820 $ 1,525.07 $ 6,100.28 $ $ $ 1,754.44 $ 7,017.76 $ 50.00 $ 200.00 99820 $ 1,601.37 $ 6,405.48 $ 50.00 $ 200.00 99820 $ 2,231.07 $ 8,924.28 $ 50.00 $ 200.00 99820 $ 1,669.37 $ 6,677.48 $ 50.00 $ 200.00 99820 $ 4,263.24 $ 17,052.96 $ 50.00 $ 200.00 99820 $ 587.09 $ 2,348.36 $ - $ - $ 3,216.13 $ 12,864.52 $ - i pay $ 442.89 $ 1,771.56 $ - $ 1,558.68 $ 6,234.72 $ 50.00 $ 200.00 99820 $ 1,558.68 $ 6,234.72 $ - $ - $ 4,880.07 $ 19,520.28 $ 50.00 $ 200.00 99820 $ 2,721.40 $ 10,885.60 $ 50.00 $ 200.00 $ 2,063.93 $ 8,255.72 $ 50.00 $ 200.00 99820 $ 6,947.05 $ 27,788.20 $ 50.00 $ 200.00 99820 $ 113,175.41 $ 452,701.64 $1,650.00 $ 6,600.00 $ - • Police Pension Fund Revenue Expense Summary 12/31/2020 12/31/2019 2018 2017 2016 2015 2014 2013 2012 - $ - $ - $ - $ - $ - $ - $ - $ - $ - - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 196,514.94 $ 183,385.77 $ 186,152.09 $ 184,445.89 $ 163,140.57 $ 160,680.88 $ 152,519.00 $ 142,151.31 $ 138,410.77 .14 $ 643,110.44 $ 624,223.49 $ 587,536.68 $ 566,513.87 $ 551,507.74 $ 539,827.30 $ 525,620.07 $ 494,749.58 $ 511 2 .14 $ 1,235.52 $ 5,288.85 $ 4,003.00 $ - $ 3,733.56 $ 4,068.81 $ 5,367.25 $ 1,898.28 $ il , 1 .53 $ 125,523.20 $ 136,459.26 $ 132,685.16 $ 131,204.03 $ 149,556.88 $ 175,768.80 $ 250.152.16 $ 263,480.49 $ 285,514.18 .51 $ 127,123.94 $ (83,178.67) $ 217,689.67 $ 200,446.71 $ (18,559.71) $ 122,582.56 $ 513,762.17 $ 160,066.59 $ 168,288.38 .00 $ 31,600.00 $ 31,500.00 $ 32,400.00 $ 33,300.00 $ 34,800.00 $ 35,100.00 $ 37,200.00 $ 37,800.00 $ 39,900.00 $ 80,360.00 $ 78.400.00 $ 80,640.00 $ 72,520.00 $ 58,520.00 $ 43,290.00 $ 44,280.00 $ 46,620.00 $ 55,575.00 $ 310.29 $ - $ 3,432.14 $ 3,862.29 $ - $ 2.00 $ - $ 195.77 $ 53.39 .68 $ 1,306,172.65 $ 1,122,376.39 $ 1,390,101.18 $ 1,356,919.34 $ 1,084,469.02 $ 1,205,806.89 $ 1,630,496.57 $ 1,259,954.61 $ 1,328,469.62 .46 $ 1,395,168.88 $ 1,420,374.92 $ 1,443,274.40 $ 1,462,045.56 $ 1,471,260.21 $ 1,494,905.12 $ 1,533,945.72 $ 1,535,372.30 $ 1,551,087.50 .00 $ 20,700.00 $ 20,900.00 $ 21,600.00 $ 22,200.00 $ 22,750.00 $ 23,250.00 $ 24,550.00 $ 24,650.00 $ 25,500.00 $ 78.064.00 $ 78,400.00 $ 80,640.00 $ 72,520.00 $ 58,520.00 $ 43,290.00 $ 44,280.00 $ 45,510.00 $ 51,870.00 .00 $ 28,119.00 $ 28,924.00 $ 30,335.00 $ 29,859.75 $ 30,378.01 $ 33,743.02 $ 56,395.86 $ 66,240.45 $ 69,500.53 $ - $ - $ - $ - $ - $ - $ - $ - $ $ $ - $ - $ - $ - $ - $ 51.52 $ 56.81 $ 46.20 $ 3,500.00 $ 3,500.00 $ 3,500.00 $ 3,500.00 $ 3,500.00 $ 3,500.00 $ 3,500.00 $ 3,400.00 $ 3,600.00 $ - $ - $ - $ - $ 1,160.00 $ - $ 103.75 $ - $ - $ - $ - $ - $ $ - $ - $ - $ .26 $ 316.37 $ 232.09 $ 36.80 $ 25.29 $ 24.99 $ 43.39 $ 77.18 $ 99.10 $ 89.83 .72 $ 1,525,868.25 $ 1,552,331.01 $ 1,579,386.20 $ 1,590,150.60 $ 1,587,593.21 $ 1,598,731.53 $ 1,662,904.03 $ 1,675,328.66 $ 1,701,694.06 .04) $ (219,695.60) $ (429,954.62) $ (189,285.02) $ (233,231.26) $ (503,124.19) $ (392,924.64) $ (32,407.46) $ (415,374.05) $ (373,224.44) - $ 241,234.00 $ 934,853.76 $ (490,293.41) $ 512,708.24 $ 339,636.99 $ (491,233.44) $ (355,917.05) $ 95,442.84 $ (13,498.87) .04) $ 21,538.40 $ 504,899.14 $ (679,578.43) $ 279,476.98 $ (163,487.20) $ (884,158.08) $ (388,324.51) $ (319,931.21) $ (386,723.31) .14 $ 4,663,684.22 $ 4,894,011.05 $ 5,317,033.82 $ 5,517,318.84 $ 5,740,891.38 $ 6,249,168.46 $ 6,653,793.10 $ 6,682,459.70 $ 7,081,891.04 .71 $ 6,003,980.03 $ 6,046,385.90 $ 5,588,421.78 $ 6,337,638.32 $ 5,928,508.61 $ 6,134,675.67 $ 7,030,014.20 $ 7,443,057.63 $ 7,681103 Microsoft\Windows\INetCache\Content.Outlook\UQHKHEUO\Police Pension Summary 06.30.21 ID Police Pension Fund Revenue Expense Summary 12/31/2020 12/31/2019 2018 2017 2016 2015 2014 2013 2012 - $ - $ - $ - $ - $ - $ - $ - $ - $ _ - $ - $ - $ - $ - $ - $ - $ - $ - $ .02 $ 196,514.94 $ 183,385.77 $ 186.152.09 $ 184,445.89 $ 163,140.57 $ 160,680.88 $ 152,519.00 $ 142,151.31 $ 138,410.77 54 643.110.44 $ 624,223.49 $ 587,536.68 $ 566,513.87 $ 551.507.74 $ 539,827.30 $ 525,620.07 $ 494,749.58 $ 511,961.22 .1 100,394.32 $ 146,297.69 $ 145,562.44 $ 164,626.55 $ 141,769.98 $ 124,486.54 $ 101,595.92 $ 112,992.59 $ 125,274.87 .85 1,235.52 $ 5,288.85 $ 4,003.00 $ - $ 3,733.56 $ 4,068.81 $ 5,367.25 $ 1,898.28 $ 3,491.81 .44 $ 125,523.20 $ 136,459.26 $ 132,685.16 $ 131,204.03 $ 149,556.88 $ 175,768.80 $ 250,152.16 $ 263,480.49 $ 285,514.18 .73 $ 127,123.94 $ (83,178.67) $ 217,689.67 $ 200,446.71 $ (18,559.71) $ 122,582.56 $ 513,762.17 $ 160,066.59 $ 168,288.38 .00 $ 31,600.00 $ 31,500.00 $ 32,400.00 $ 33,300.00 $ 34,800.00 $ 35,100.00 $ 37,200.00 $ 37,800.00 $ 39,900.00 .20 $ 80,360.00 $ 78,400.00 $ 80,640.00 $ 72,520.00 $ 58,520.00 $ 43,290.00 $ 44,280.00 $ 46,620.00 $ 55,575.00 $ 310.29 $ - $ 3,432.14 $ 3,862.29 $ - $ 2.00 $ - $ 195.77 $ 53.39 .93 $ 1,306,172.65 $ 1,122,376.39 $ 1,390,101.18 $ 1,356,919.34 $ 1,084,469.02 $ 1,205,806.89 $ 1,630,496.57 $ 1,259,954.61 $ 1,328,469.62 .69 $ 1,395,168.88 $ 1,420,374.92 $ 1,443,274.40 $ 1,462,045.56 $ 1,471,260.21 $ 1,494,905.12 $ 1,533,945.72 $ 1,535,372.30 $ 1,551,087.50 .00 $ 20,700.00 $ 20,900.00 $ 21,600.00 $ 22,200.00 $ 22,750.00 $ 23,250.00 $ 24,550.00 $ 24,650.00 $ 25,500.00 .20 $ 78,064.00 $ 78,400.00 $ 80,640.00 $ 72,520.00 $ 58,520.00 $ 43,290.00 $ 44,280.00 $ 45,510.00 $ 51,870.00 .00 $ 28,119.00 $ 28,924.00 $ 30,335.00 $ 29,859.75 $ 30,378.01 $ 33,743.02 $ 56,395.86 $ 66,240.45 $ 69,500.53 $ - $ - $ - $ - $ - $ - $ - $ - $ _ $ - $ - $ - $ - $ - $ - $ 51.52 $ 56.81 $ 46.20 .00 $ 3,500.00 $ 3,500.00 $ 3,500.00 $ 3,500.00 $ 3,500.00 $ 3,500.00 $ 3,500.00 $ 3,400.00 $ 3,600.00 $ - $ - $ - $ - $ 1,160.00 $ - $ 103.75 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ _ .69 $ 316.37 $ 232.09 $ 36.80 $ 25.29 $ 24.99 $ 43.39 $ 77.18 $ 99.10 $ 89.83 .58 $ 1,525,868.25 $ 1,552,331.01 $ 1,579,386.20 $ 1,590,150.60 $ 1,587,593.21 $ 1,598,731.53 $ 1,662,904.03 $ 1,675,328.66 $ 1,701,694.06 .65) $ (219,695.60) $ (429,954.62) $ (189,285.02) $ (233,231.26) $ (503,124.19) $ (392,924.64) $ (32,407.46) $ (415,374.05) $ (373,224.44) - $ 241,234.00 $ 934,853.76 $ (490,293.41) $ 512,708.24 $ 339,636.99 $ (491,233.44) $ (355,917.05) $ 95,442.84 $ (13,498.87) .65) $ 21,538.40 $ 504,899.14 $ (679,578.43) $ 279,476.98 $ (163,487.20) $ (884,158.08) $ (388,324.51) $ (319,931.21) $ (386,723.31) .53 $ 4,663,684.22 $ 4,894,011.05 $ 5,317,033.82 $ 5,517,318.84 $ 5,740,891.38 $ 6,249,168.46 $ 6,653,793.10 $ 6,682,459.70 $ 7,081,891.04 .21 6,003,980.03 $ 6,046,385.90 $ 5,588,421.78 $ 6,337,638.32 $ 5,928,508.61 $ 6,134,675.67 $ 7,030,014.20 $ 7,443,057.63 $ 7,689,491.43 Microsoft\Windows\INetCache\Content.Outlook\UQHKHEUO\Police Pension Summary 09.30.21 Paxton, Kara • From: Cavette, Kristin Sent: Tuesday, September 14, 2021 10:07 AM To: Hertweck, Marsha; Becker, Paul; Paxton, Kara Subject: FW: Estimated Premium Tax Letter-Fayetteville Police&Fire Attachments: Fayetteville Fire PT 2022.pdf; Fayetteville Police PT 2022.pdf Follow Up Flag: Follow up Flag Status: Flagged Kristin Cavette Accounting Manager Accounting Division City of Fayetteville,Arkansas 479-575-8285 phone kcavetteea tayetteville-ar.gov CITY or %� PAYUTTIVILL0 Pr ARK/AIMS From: Denise Collins<dcollins@lopfi-prb.com> Sent: Friday,September 10,2021 4:21 PM To:Cavette, Kristin<kcavette@fayetteville-ar.gov> Cc:Collier,Susan<scollier@tayetteville-ar.gov>;Jennifer Graves<jgraves@lopfi-prb.com>;Tracie Owings <towings@lopfi-prb.com> Subject: RE: Estimated Premium Tax Letter-Fayetteville Police& Fire CAUTION This email originated from outside of the City of Fayetteville.Do not click links or open attachments unless you recognize the sender and know the content is safe. Hello- The date in the Expected Eligibility based on (2019) contributions was incorrect in the previous letter. It should have stated 2020. Please replace with the attached letter. Respectfully, 1Denie a C'oliino Chief ',financial Citizen Awn/ `.Palice d gixe flletixement Sgetem 501-682-1745 From: Denise Collins Sent: Friday,September 10, 2021 2:21 PM • To: kcavette@favetteville-ar.gov 1 Cc: scollrer@fayetteville-3r.Aov; 'Jennifer Graves'<Jgravelopfr-prb.com>;Trade Owings<towrngsolopfi-prb.corn> Subject: Estimated Premium Tax Letter-Fayetteville Police & Fire I o All Members (lithe (soy ernin,, Rod\ & I rustces oil ()call\ Administered Local Plan, — the attached letter pros ides the c'i1unuii'J Premium Fax your I.ocal fire and,or Police Pension Fund (Local Plan) may receite \then the 2022 Premium Fax distribution occurs (typically late June earls July ). I he letter also provides an amount labeled Additional Allocation that may he available if sutticient Employer Contributions are remitted to the Local Plan prier to December >I. 202 I . .a,ain. all amounts are (.'�1rmcrle\ and could chati c depending. in part. on the total amount or Premium •lax collected by the State or Arkansas. Please ensure a copy of this email and attached letter is promptly proy ided to each trustee (t"r- I kcal Pan that hate NOT consolidated) and all members of the (ioternrnu Rod\ i.e. City Council or Board of Directors Commissioners. Should you hate questions, please contact our orrice toll tree at 866-8 -17-c. Respecttully. PRR Start' 410 NOTICE:Information contained in this E-mail, including attachments, may be confidential. It is intended only for the named individual(s). The intended recipient(s)is/are advised that state and federal privacy laws may restrict your use of confidential or personal information. If the reader of this message is not the intended recipient(s),you are hereby notified that you should not disseminate, distribute,or forward this transmission, including any attachments. If you have received this transmission in error,please promptly notify the sender and delete the material from your computer system.All email sent to or from this address is subject to archival, monitoring or review by, and/or disclosure to,someone other than the recipient. • 2 • Osborn, Carreiro & Associates Inc. r„m \ t,o,,a111:,,a.,t,m: 1(0) 124\r t>t( ccnuu 1.ittic Rack. \rk.ut>a.,?''01 .\C1't'.\RII S • CONSLL.IANTS • ANALYST'S (-301,i'6 8041 fa 1501,3-'6 -84' September 10, 2021 Mr. David Clark, Executive Director Arkansas Fire and Police Pension Review Board 620 West Third Street, Suite 200 Little Rock, AR 72201 RE: Fayetteville Police Pension Fund Estimated 2022 Premium Tax Allocation Mr. Clark: We have estimated the base benefit calculations needed for the Premium Tax Allocation formula created by Act 979 of 2011 and PRB Board Rule 12. This letter will provide these estimates for the above referenced Local Plan. Actual Benefits Valued 1/1/2021 $1,358,105 Base Benefits Valued 1/1/2021 $796,919 Actuarial Cost of Base Benefits $344,550 Estimated Premium Tax 2022 (30%of Actuarial Cost) $103,365 Estimated Additional Allocation 2022, if eligible (15%of Actuarial Cost) $51,682 2021 Employer Contributions for Additional Allocation 2021 Eligibility (80%of Actuarial Cost) $275,640 Actual 2020 Reported Employer Contribution $941,534 Shortfall based on 2020 contributions $0 Expected Eligibility based on 2020 contributions Yes The premium tax formula allocates monies based on an Actuarial Cost derived from a Local Plan's Base Benefits (that is, 50%of Final Salary, minimum $350 per month for paid members, and $100 per month for volunteer members). Each Local Plan receives 30%of this calculated Actuarial Cost as Premium Tax. A Local Plan is also eligible for an Additional Allocation equal to 15%of this Actuarial Cost, provided that the Employer Contributions other than Premium Tax made by the location are equal to at least 80%of the Actuarial Cost. The contributions made during calendar year 2021 will determine eligibility for Additional Allocation for 2022. We have included last year's contributions and the estimated shortfall to become eligible for the Additional Allocation if Employer Contributions were to remain level in 2021. As a reminder, these numbers constitute estimates and may vary materially from the actual premium tax allocation. In particular, an additional employer contribution equal to the shortfall estimate • shown will not guarantee Additional Allocation eligibility in 2022. Please note that the Additional Allocation may be proportionally reduced due to a shortfall in Premium Tax revenues. Such a reduction last occurred in 2018, but has not occurred in recent years. POLE PENSION FUND Revised Apr 2021 6800-9800 6800-9800 Month 4 Regular Mo 5335-00 5335-05 Revised 4 411111111111.1110 NAME Benefit YTD Reg Benefit Suppl. YTD Suppl. Future Hours Code III 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 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 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. $ 1,558.68 $ 6,234.72 $ 50.00 $ 200.00 99820 SCHUSTER, NANCY R. $ 1,558.68 $ 6,234.72 $ - $ - 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 $ 200.00 99820 $ 113,175.41 $ 452,701.64 $1,650.00 $ 6,600.00 $ - • 111. POLICE PENSION FUND Apr 2021 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 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 III 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,NORMAJ $ 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. $ 1,558.68 $ 6,234.72 $ 50.00 $ 200.00 99820 SCHUSTER,NANCY R. $ 1,558.68 $ 6,234.72 $ - $ - 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 $ 200.00 99820 WILLIAMS,JOYCE $ 2,539.66 $ 10,158.64 $ 50.00 $ 200.00 99820 $ 115,715.07 $ 462,860.28 $1,700.00 $ 6,800.00 $ - • POLICE PENSION FUND May 2021 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 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 IP 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. $ 1,558.68 $ 7,793.40 $ 50.00 $ 250.00 99820 SCHUSTER,NANCY R. $ 1,558.68 $ 7,793.40 $ - $ - 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 $ 250.00 99820 $ 113,175.41 $ 565,877.05 $1,650.00 $ 8,250.00 $ - POLICE PENSION FUND Jun 2021 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 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 • 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. $ 1,558.68 $ 9,352.08 $ 50.00 $ 300.00 99820 SCHUSTER,NANCY R. $ 1,558.68 $ 9,352.08 $ - $ - 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 $ 300.00 99820 $ 113,175.41 $ 679,052.46 $1,650.00 $ 9,900.00 $ - POLICE PENSION FUND Jul 2021 6800-9800 6800-9800 Month 7 Regular Mo 5335-00 5335-05 7 IIINAME 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 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 40 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. $ 1,558.68 $ 10,910.76 $ 50.00 $ 350.00 99820 SCHUSTER,NANCY R. $ 1,558.68 $ 10,910.76 $ - $ - 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 $ 350.00 99820 $ 113,175.41 $ 792,227.87 $1,650.00 $ 11,550.00 $ - ID POLICE PENSION FUND Aug 2021 6800-9800 6800-9800 Month 8 Regular Mo 5335-00 5335-05 8 1111 NAME Benefit YTD Reg Benefit Suppl. YTD Suppl. Future Hours Code 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 $ 25,658.80 $ 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 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 ill 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, NORMAJ $ 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. $ 1,558.68 $ 12,469.44 $ 50.00 $ 400.00 99820 SCHUSTER,NANCY R. $ 1,558.68 $ 12,469.44 $ - $ - 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 $ 400.00 99820 $ 113,175.41 $ 905,403.28 $1,650.00 $ 13,200.00 $ - POLICE PENSION FUND Sep 2021 6800-9800 6800-9800 Month 9 Regular Mo 5335-00 5335-05 9 1110 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 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,NORMAJ $ 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. $ 1,558.68 $ 14,028.12 $ 50.00 $ 450.00 99820 SCHUSTER,NANCY R. $ 1,558.68 $ 14,028.12 $ - $ - 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 $ 450.00 99820 $ 113,175.41 $ 1,018,578.69 $1,650.00 $ 14,850.00 $ - • POLICE PENSION FUND Oct 2021 6800-9800 6800-9800 Month 10 Regular Mo 5335-00 5335-05 10 111 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 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, NORMAJ $ 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. $ 1,558.68 $ 15,586.80 $ 50.00 $ 500.00 99820 SCHUSTER,NANCY R. $ 1,558.68 $ 15,586.80 $ - $ - 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 $ 500.00 99820 $ 113,175.41 $ 1,131,754.10 $1,650.00 $ 16,500.00 $ - POLICE PENSION FUND Nov 2021 6800-9800 6800-9800 Month 11 Regular Mo 5335-00 5335-05 11 6 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,MARTHA $ 3,207.35 $ 35,280.85 $ 50.00 $ 550.00 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 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 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 II 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. $ 1,558.68 $ 17,145.48 $ 50.00 $ 550.00 99820 SCHUSTER,NANCY R. $ 1,558.68 $ 17,145.48 $ - $ - 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 BLOSS-WATSON,VICKY $ 6,947.05 $ 76,417.55 $ 50.00 $ 550.00 99820 $ 113,175.41 $ 1,244,929.51 $1,650.00 $ 18,150.00 $ - • POLICE PENSION FUND Dec 2021 6800-9800 6800-9800 Month 12 Regular Mo 5335-00 5335-05 12 IIINAME 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,MARTHA $ 3,207.35 $ 38,488.20 $ 50.00 $ 600.00 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 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 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,NORMAJ $ 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. $ 1,558.68 $ 18,704.16 $ 50.00 $ 600.00 99820 SCHUSTER,NANCY R. $ 1,558.68 $ 18,704.16 $ - $ - 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 BLOSS-WATSON,VICKY $ 6,947.05 $ 83,364.60 $ 50.00 $ 600.00 99820 $ 113,175.41 $ 1,358,104.92 $1,650.00 $ 19,800.00 $ - •