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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 />3 <br />5 <br />0 <br />0 <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 />Fiscal Year Accounting Unit <br />– Account No. <br />Fund <br />Description <br />Accounting Unit, <br />Account No. <br />Description <br />Amount <br />Miscellaneous Plan <br />FY 2023-24 01105020-61102 General <br />Fund <br />Unfunded Liability <br />(UAL), Retirement – <br />Employer Unfunded <br />- Miscellaneous <br />$6,397,180 <br />FY 2023-24 Various (Non <br />General Fund) <br />Various <br />(Non <br />General <br />Fund) <br />Unfunded Liability <br />(UAL), Retirement – <br />Employer Unfunded <br />- Miscellaneous <br />$3,171,580 <br />Total $9,568,760 <br />Safety Plan <br />FY 2023-24 01105020-61103 General <br />Fund <br />Unfunded Liability <br />(UAL), Retirement - <br />Employer Unfunded <br />- Police <br />$8,978,800 <br />FY 2023-24 01105020-61104 <br />General <br />Fund <br />Unfunded Liability <br />(UAL), Retirement - <br />Employer Unfunded <br />- Fire <br />$3,801,480 <br />Total $12,780,280