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Approval to Pre -Pay the City's Safety & Miscellaneous Unfunded Actuarial Obligations <br />FY 2023-24 <br />June 6, 2023 <br />Page 3 <br />Accounting Unit <br />Fund <br />Accounting Unit, <br />Fiscal Year <br />— Account No. <br />Description <br />Account No. <br />Amount <br />Description <br />Miscellaneous Plan <br />Unfunded Liability <br />FY 2023-24 <br />01105020-61102 <br />General <br />(UAL), Retirement — <br />$6,397,180 <br />Fund <br />Employer Unfunded <br />- Miscellaneous <br />Various <br />Unfunded Liability <br />FY 2023-24 <br />Various (Non <br />(Non <br />(UAL), Retirement — <br />$3,171,580 <br />General Fund) <br />General <br />Employer Unfunded <br />Fund <br />- Miscellaneous <br />Total <br />$9,568,760 <br />Safety Plan <br />Unfunded Liability <br />FY 2023-24 <br />01105020-61103 <br />General <br />(UAL), Retirement - <br />$8 978 800 <br />Fund <br />Employer Unfunded <br />- Police <br />General <br />Unfunded Liability <br />$3,801,480 <br />FY 2023-24 <br />01105020-61104 <br />Fund <br />(UAL), Retirement - <br />Employer Unfunded <br />- Fire <br />Total <br />$12,780,280 <br />EXHIBIT(S) <br />1. CalPERS Valuation Report as of 6/30/2021, page 4 — Miscellaneous <br />2. CalPERS Valuation Report as of 6/30/2021, page 4 — Safety <br />Submitted By: Kathryn Downs, FMSA Executive Director <br />Approved By: Kristine Ridge, City Manager <br />City Council 11 — 3 6/6/2023 <br />