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2025-2269: Communication from Jennifer Gula, Director of the Department of Finance, submitting required contribution of the Minimum Municipal Obligation (MMO) to the City’s three pension funds in 2026, pursuant to Act 205.
Sep 19, 2025
·Pittsburgh, PA
Proposal
Source
Annual Comprehensive Financial Report JUNE 30, 2025 AND 2024
Jun 30, 2025
·Phoenix, AZ
Budget
This is the Annual Comprehensive Financial Report of the City of Phoenix Employees' Retirement System for fiscal years ended June 30, 2025 and 2024, representing the system's seventy-ninth annual report. The document contains financial statements, investment performance data, actuarial analysis, and statistical schedules covering the retirement plan's operations as a component unit of the City of Phoenix. Key sections include a statement of fiduciary net position, changes in net pension liability, schedules of employer contributions and investment returns, and analysis of benefit expenses and membership data. The report was prepared jointly by the City of Phoenix Employees' Retirement System and the City of Phoenix Finance Department, located at 200 West Washington Avenue, Phoenix, Arizona.

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employee retirement pension liability financial report

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2025-1434: Resolution amending Resolution 649-2022, authorizing the Mayor and the Director of the Department of Innovation & Performance, on behalf of the City of Pittsburgh, to enter into an agreement or agreements and amendments thereto with Foster & Foster Consulting Actuaries, Inc., for a municipal pension contribution data system by increasing the approved amount by Three Hundred Seventy-Five Thousand Dollars ($375,000) for an amended total cost not-to-exceed Six Hundred Twenty-Five Thousand Dollars ($625,000) over five years.

Jan 24, 2025

·Pittsburgh, PA

Proposal

TOWNSHIP OF MIDDLETOWN DECEMBER 31, 2024 BASIC FINANCIAL STATEMENTS WITH

Dec 31, 2024

·Minersville, PA

Budget

The Township of Middletown's basic financial statements for the year ended December 31, 2024, were audited and presented fairly in all material respects, covering governmental activities, business-type activities, and multiple fund types including general, special revenue, highway aid, proprietary, and fiduciary funds. The document includes entity-wide and fund-specific financial statements along with required supplementary information on pension liabilities and contributions for both the non-uniformed pension plan and sewer authority plan. The audit was completed on April 23, 2025, by independent auditors who also evaluated internal control and compliance with applicable government auditing standards.

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2024-0924: Communication from Jennifer Gula, Director/Treasurer submitting the amount of the Minimum Municipal Obligation (MMO) that the City is required to contribute to the pension fund in 2025, dated September 9, 2024.

Sep 13, 2024

·Pittsburgh, PA

Proposal

2022-0893: Resolution authorizing the Mayor and the Director of the Department of Innovation & Performance to enter into an agreement or agreements and amendments thereto with Foster & Foster Consulting Actuaries, Inc., for a municipal pension contribution data system at a sum not to exceed Two Hundred Fifty Thousand and 0/100 Dollars ($250,000.00).

Oct 28, 2022

·Pittsburgh, PA

Proposal

2022-0801: Communication from Jennifer Gula, Acting Director/Treasurer submitting the amount of the Minimum Municipal Obligation (MMO) that the City is required to contribute to the pension fund in 2023, dated September 2022.

Oct 3, 2022

·Pittsburgh, PA

Proposal

2021-1986: Ordinance amending the City Code at Title One: Administrative, Article XI: Human Resources, Chapter 192: Pensions, Section 192.01: Definitions, Section 192.20: Municipal Benefit Plan No. 2, Section 192.21: Establishment of Municipal Benefit Plan No. 2, Section 192.22: Membership, Section 192.23: Contributions by Members, Section 192.24: Contributions by the City, Section 192.26: Pension Allowance, and Section 192.27: Death Benefits, and adding a Section 192.22A: Membership in Municipal Benefit Plan No. 3, in order to remove the Social Security Offset for certain non-union members and to fund the removal of the offset. (Public Hearing held 11/18/21)

Oct 4, 2021

·Pittsburgh, PA

Proposal

EAST NORRITON TOWNSHIP DECEMBER 31, 2018 BASIC FINANCIAL STATEMENTS

Dec 31, 2018

·Norristown, PA

Budget

East Norriton Township's Basic Financial Statements for the year ended December 31, 2018, were audited by an independent auditor and issued on August 9, 2019. The document presents the Township's entity-wide and fund financial statements, including the Statement of Net Position, Statement of Activities, Balance Sheet for Governmental Funds, and budgetary comparison statements for the General Fund and other governmental funds. The financial statements include required supplementary information on pension liabilities and obligations for both the Police Pension Plan and Non-Uniformed Pension Plan, as well as schedules of employer contributions and other post-employment benefits (OPEB) liability and contributions. The statements were prepared in accordance with generally accepted accounting principles in the United States.

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LEBANON COMMUNITY LIBRARY 38-437-6 N.0595 GASB 68 Report Measurement Date of:

Other

This GASB 68 report provides accounting and financial reporting information for Lebanon Community Library's participation in the Pennsylvania Municipal Retirement System (PMRS), a defined benefit pension plan, as of December 31, 2023. Key findings show the library had a net pension asset of $297,327 (compared to $247,787 in 2022), total payroll of $277,378, and total pension expense of $21,429, representing -7.73% of payroll. The report includes detailed information on employee coverage, net pension liability calculations, deferred inflows and outflows, employer contributions, and actuarial assumptions and methods.

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City of Dearborn Public Hearing 2025–2026 Budget List of Documents Page(s) A.

Budget

The City of Dearborn held a public hearing on its proposed 2025–2026 budget as of May 1, 2025, presenting a balanced General Fund budget expected to contribute $230,689 to the fund balance reserve. The budget faces financial challenges including revenue growth falling short of expenditure inflation, state taxation limitations, and rising retirement and debt service obligations, with personnel and non-discretionary spending comprising 79% of general fund uses. Revenue is projected to increase $3.6 million (2.5%), primarily from property tax gains of $1.7 million and increased charges for services of $1.1 million, while expenditures increase $3.6 million (2.4%), largely due to $5.7 million in additional wages and benefits; budget priorities allocate 70% of subsidies to Public Safety, followed by Administrative (11%), Public Works & Facilities (9%), Parks & Recreation (8%), and Economic Development (2%).

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budget public safety pension obligations property tax revenue growth

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BOROUGH OF EAST STROUDSBURG East Stroudsburg, Pennsylvania Monroe County

Stroudsburg, PA

Budget

The Borough of East Stroudsburg's financial statements for the year ended December 31, 2023, present a comprehensive audit including independent auditor reports, management's discussion and analysis, and detailed financial statements covering governmental activities, business-type activities, and multiple funds. The document includes budgetary comparison schedules for various funds such as the General Fund, Sewer Fund, Water Fund, and Golf Course Fund, as well as required supplementary information on pension liabilities and contributions. Statistical information is provided on property tax levies, collections, tax rates, assessed property values, and principal taxpayers for the municipality located in Monroe County, Pennsylvania.

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2021 Annual Comprehensive Financial Report

Budget

The Pennsylvania Municipal Retirement System's 2021 Annual Comprehensive Financial Report documents the fiduciary net position, investment performance, and financial activities of the pension system for fiscal years 2021 and 2020. The report includes financial statements, independent auditor's report, management's discussion and analysis, investment summaries showing portfolio distribution and rates of return, and actuarial information covering plan provisions and pension contributions. The document serves as the official accounting of the system's assets, liabilities, and administrative and investment expenses under the leadership of Chairman Barry L. Sherman and CEO Timothy A. Reese.

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pension system financial report investment performance municipal retirement

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Annual Comprehensive Financial Report Building the Phoenix of Tomorrow

Budget

This is the Seventy-Eighth Annual Comprehensive Financial Report for the City of Phoenix Employees' Retirement System, a component unit of the City of Phoenix, Arizona, covering fiscal years ended June 30, 2024 and 2023. The report presents financial statements, actuarial data, investment performance, and administrative information for the retirement system. The document includes an independent auditor's report, management's discussion and analysis, statements of fiduciary net position and changes in fiduciary net position, and schedules addressing net pension liability, employer contributions, investment returns, administrative expenses, and benefit provisions. The system received a Certificate of Achievement for Excellence in Financial Reporting and a Public Pension Standards Award for Funding and Administration.

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pension funding financial reporting investment performance retirement system actuarial analysis

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NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY

Jersey City, NJ

Budget

The New Jersey Economic Development Authority presents audited financial statements for the years ended December 31, 2022 and 2021 as a component unit of the State of New Jersey. The statements comprise basic financial statements including statements of net position, revenues and expenses, cash flows, and fiduciary net position, along with required supplementary information covering net OPEB liability, OPEB contributions, employee benefit trust investment returns, and pension liabilities under the Public Employees' Retirement System. The independent auditors issued an unqualified opinion that the financial statements present fairly the Authority's financial position and changes in financial position in accordance with accounting principles generally accepted in the United States of America.

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LANSING SCHOOL DISTRICT REPORT ON FINANCIAL STATEMENTS

Budget

school funding budget financial audit pension liabilities opeb contributions

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2021 Annual Comprehensive Financial Report

Budget

The Pennsylvania Municipal Retirement System's 2021 Annual Comprehensive Financial Report presents a complete overview of the pension system's financial performance for fiscal years 2020 and 2021, covering financial statements, investment activity, actuarial analysis, and administrative operations. The report includes an independent auditor's assessment, management discussion and analysis, detailed financial statements showing fiduciary net position and changes, and supplementary schedules documenting administrative expenses, investment expenses, and pension contributions. The document also outlines the system's investment guidelines, asset allocation strategy, and portfolio performance for the reporting period.

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pension system financial report investment performance municipal retirement actuarial analysis

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LEXINGTON-FAYETTE URBAN COUNTY DEPARTMENT OF HEALTH Lexington, Kentucky ______

Budget

The Lexington-Fayette Urban County Department of Health released comprehensive financial statements for the fiscal year ending June 30, 2022, including an independent auditors' report, management's discussion and analysis, and statements of net position, revenues, and cash flows. The document contains required supplementary information on pension and OPEB (Other Post-Employment Benefits) liabilities and contributions, along with budgetary comparisons and federal award expenditure schedules. This appears to be a complete annual financial audit report demonstrating the department's financial position and compliance with applicable accounting standards and regulations.

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health department budget financial statements

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Finance Detail 2024

Budget

The City of Allentown's 2024 Finance Department budget details spending across two divisions: Revenue & Audit and Finance & Budget Administration. The Revenue & Audit division has a 2024 final budget of $1,687,880, with major allocations including $761,300 for permanent wages, $372,246 for employee group insurance, $146,930 for PMRS pension contributions, and $275,000 for overpaid property tax refunds. The Finance & Budget Administration division's 2024 budget begins at $525,143 for permanent wages and introduces $17,500 in temporary wages, representing a $85,797 increase in permanent wages from the 2023 budget of $439,346. Notable 2024 changes include increased printing costs from $600 to $1,200 for managed print services and a $75,000 reduction in refund allocations compared to 2023.

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budget finance department employee wages pension contributions property tax refunds

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County of Monroe, Pennsylvania Financial Statements and

Minersville, PA

Budget

Monroe County, Pennsylvania's audited financial statements for the fiscal year ending December 31, 2021 present a comprehensive overview of the county's financial position across governmental, business-type, and fiduciary funds, with the independent audit conducted by Baker Tilly US, LLP. The financial statements include government-wide statements, fund-level statements, notes, and required supplementary information covering pension liabilities, plan contributions, and budgetary comparisons for the general fund. The auditors issued an unqualified opinion that the financial statements fairly present the county's financial position and results of operations in accordance with accounting standards.

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COMPLIANCE AUDIT ____________ Wilkes-Barre Township Police Pension Plan

Wilkes-Barre, PA

Budget

A compliance audit of the Wilkes-Barre Township Police Pension Plan was conducted for the period January 1, 2018 to December 31, 2021, pursuant to the Municipal Pension Plan Funding Standard and Recovery Act. The audit, completed in August 2022, evaluated whether the pension plan was administered in compliance with applicable state laws, regulations, contracts, administrative procedures, and local ordinances. The audit methodology included verification of state aid deposits, examination of employer and employee contributions, and confirmation that annual financial requirements and minimum municipal obligations were properly calculated and deposited.

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police pension pension compliance municipal budget employee contributions

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Summary: Lexington-Fayette Urban County Government, Kentucky; General

Budget

S&P Global Ratings assigned an 'AA' long-term rating with stable outlook to Lexington-Fayette Urban County Government's $44.5 million series 2022B general obligation bonds, which will finance various capital expenditures and a land conservation program. The bonds are secured by the government's full-faith-and-credit pledge and ad valorem property taxes, subject to Kentucky's constitutional and statutory limitations including a 4% annual growth cap on aggregate property tax revenue. While the county's economic base is recovering from COVID-19 and fiscal 2022 ended with a surplus, long-term challenges remain including rising personnel expenses and pension contribution costs.

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general obligation bonds capital expenditures property tax pension costs land conservation

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COMPREHENSIVE ANNUAL FINANCIAL REPORT

Budget

The City of Tulsa Comprehensive Annual Financial Report covers the fiscal year ended June 30, 2020, and was prepared by the Finance Department under Mayor G.T. Bynum, Director of Finance James Wagner, and Controller Norman E. Kildow. The report includes government-wide financial statements, fund financial statements for governmental, proprietary, and fiduciary funds, and discretely presented component units covering assets, liabilities, revenues, and expenditures. The document emphasizes Tulsa's entertainment and business districts as key components of the city's economic base and cultural foundation. Required supplementary information details pension trust schedules including the Municipal Employees Retirement Plan (MERP), Oklahoma Firefighters pension contributions, and other actuarial valuations.

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CITY OF HAZLETON, PENNSYLVANIA FINANCIAL STATEMENTS AND SUPPLEMENTAL SCHEDULES

Budget

The City of Hazleton, Pennsylvania's financial statements and supplemental schedules for the year ended December 31, 2021, were audited by independent public accountants in accordance with Government Auditing Standards. The document comprises the City's basic financial statements including governmental activities, business-type activities, fund financial statements, and fiduciary funds, along with required supplementary information on budgets, pension liabilities, and employer contributions across police, fire, and non-uniformed pension plans. The audit covers the City's overall financial position, revenue and expenditure activities, cash flows, and compliance matters related to internal control over financial reporting.

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County of Monroe, Pennsylvania Financial Statements and

Pocono Township, PA

Budget

Monroe County, Pennsylvania's audited financial statements for the year ended December 31, 2021, present the county's financial position across governmental activities, business-type activities, and component units. The comprehensive financial report includes government-wide and fund-level statements covering assets, liabilities, revenues, expenditures, and changes in fund balances, along with supplementary information on pension liabilities, contributions, and budgetary comparisons. The independent audit by Baker Tilly US, LLP found the financial statements to fairly present the county's financial position in all material respects.

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EAST BUFFALO TOWNSHIP FINANCIAL STATEMENTS FOR ...

Budget

East Buffalo Township's financial statements for the year ending December 31, 2023, have been audited and present fairly the township's financial position, governmental activities, and fund information in accordance with generally accepted accounting principles. The audit covered the township's governmental funds, major funds, and fiduciary fund activities, with the independent auditor concluding that the financial statements fairly represent the township's respective changes in financial position for the year ended December 31, 2023. The complete financial statements include detailed statements of net position, activities, revenues, expenditures, fund balances, and related notes, along with required supplementary information regarding pension liabilities and employer contributions.

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Adopted by the Town Council Town of West Hartford, Connecticut ANNUAL BUDGET

Budget

The Town of West Hartford adopted its fiscal year 2025-2026 General Fund budget totaling $367,732,066, representing a 5.8% increase of $20,192,985 from the prior year, with municipal services budgeted at $137,479,951 (5.4% increase) and the Board of Education at $213,351,800 (6.2% increase). The budget requires a 6.5% increase in property tax revenue and maintains existing service levels without adding new positions while funding pension and post-employment benefit liabilities. Key policy changes include increasing annual pension contributions from 5% to 8% year-over-year and implementing a level-funding mechanism for pension liabilities to strengthen long-term financial sustainability.

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budget property tax school funding pension contributions municipal services

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2015 Financial Report Comprehensive Annual MARYL AN D T RAN SP O RTAT I O N

Budget

Maryland Transportation Authority's 2015 Comprehensive Annual Financial Report, covering the fiscal year ended June 30, 2015, presents financial statements and performance data for an enterprise fund of the State of Maryland. The report was prepared by the Division of Finance under Chief Financial Officer Jaclyn Hartman and includes an Independent Auditor's Report, Management's Discussion and Analysis, and Basic Financial Statements comprising the Statement of Net Position, Statement of Revenues, Expenses and Changes in Net Position, and Statement of Cash Flows. Required supplemental information includes the Proportionate Share of the Net Pension Liability and MDTA Contributions to the Maryland State Retirement and Pension System. The document is the complete reporting framework mandated for comprehensive annual financial reporting but the text provided does not include actual financial figures, revenue totals, expense amounts, or specific program metrics.

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transportation budget financial report pension state agency

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45-015-3-N2.0693-East-Stroudsburg-Borough-CB-Plan- ...

Stroudsburg, PA

Budget

This GASB 68 report provides pension accounting and financial reporting information for East Stroudsburg Borough's defined benefit pension plan as of December 31, 2022. Key findings show a Net Pension Liability of $56,051, with total pension expenses of $43,319 (5.24% of payroll of $826,726), representing an increase from the prior year's pension expense of $23,963 (3.38% of payroll). The report includes detailed actuarial valuations, calculations of deferred inflows and outflows, employer contribution schedules, and actuarial assumptions used by the Pennsylvania Municipal Retirement System.

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City of Lancaster, Pennsylvania Financial Statements and Required

Budget

The City of Lancaster, Pennsylvania's financial statements for the year ended December 31, 2023 present a comprehensive audit report including the Statement of Net Position, Statement of Activities, and fund-level financial statements for governmental, proprietary, and fiduciary funds. The document includes required supplementary information covering management's discussion and analysis, pension plan liabilities and contributions for fire, police, cash balance, and parking authority plans, as well as other post-employment benefits (OPEB) obligations across general, water, and sewer funds. Budgetary comparison schedules and detailed notes to the financial statements provide context for the city's financial position and operational activities during the fiscal year.

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budget financial statements pension liabilities water infrastructure sewer fund

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