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Home My WebLink AboutDocumentation_Pension Public Safety_Tab 08_11/03/2008Account 2008 Chan es that affect ex ense 2009 Number Estimated Descri lion Amount Pro osed 531-301 Legal Services Fire $ 5,000 18% fee increase $ 1,000 $ 6,000 Police $ 1,770 18%feeincrease $ 320 $ 2,100 $ 6,770 $ 1,320 $ 8,100 531.304 Recording Secretary Fire $ 947 Reallocation of cost from $ 4,650 $ 5,600 Police $ 332 VOTtoPension $ 1,550 $ 1,850 $ 1.279 $ 6,200 $ 7,450 531.309 Actuarial Services Fire $ 5,920 6, 000 Polcie $ 2,325 2 000 $ 8,245 0 , $ 8,000 540.300 Travel & Per Diem $ - Fire Trustee School - 1 1/2 person $ 900 900 Police Trustee School - 1 1/2 person $ 900 900 $ - $ 1,800 $ 1,800 545.300 Insurance Quote - $4,137.97 Fire $ 2,370 Fid. Insurance increased by 4% 95 2500 Police $ 836 Fid. Insurance increased by 4% 35 1000 $ 3,206 $ 130 $ 3,500 549.300 Other Misc Chgs & Obligations Fire Police $ 676 $ 243 Misc. Expenses Misc. Expenses $ 324 $ 100 $ 1,000 $ 400 $ 919 $ 424 $ 1,400 549.391 Bank Charges Fire Check Books & Wire Fees $ 120 $ 120 Police Check Books & Wire Fees $ 40 $ 40 $ - $ 160 $ 160 Certification - $400 554.300 Bks, Pub, Subs & Membership FPPTA Board Membership - $500 Fire $ 100 Cert &FPPTA Memb & Advert $ 550 $ 550 Police $ 41 Cert &FPPTA Memb 8< Advert $ 550 $ 550 $ 141 $ 1,100 $ 1,100 Reg to attend Trustee Sch $400 554.600 Seminars & Training -Pension per person Fire Police 1 1/2 person 1 1/2 person $ 300 $ 300 $ 300 $ 300 $ - $ 600 $ 600 5513.307 Investment Services Fire Police $ 25,470 $ 8,884 Bogdahn - 88% inc / Rockwood/Salem Bogdahn - 88% inc / Rockwood/Salem $ 6,530 $ 1,816 $ 32,000 $ 10 700 $ 34,354 $ 8,346 , $ 42,700 $ 74,810 Account 2008 Chan es that affect ex ense 2009 Number Estimated Descri lion Amount Pro osed 531-301 Legal Services Actual $ 4,214 18% fee increase 1,000 Estimated fees for Sept 08 $ 786 $ 5,000 1,000 $ 6,000 531.304 Recording Secretary Reallocation of cost from Actual $ 767 VOT to Pension 4,650 Estimated fees for Special (Total Cost $6,200) Meeting - 8/27/08 $ 180 $ 947 4,650 $ 5,600 531.309 Actuarial Services $ 6,534 Waiting for response $ 6,534 from Gabriel Roeder - $ 6,000 540.300 Travel 8 Per Diem $ - Trustee School - St. Augustine Hotel - 4 nights - $716 360 Food - $36 per day - $144 72 Travel 491.3 miles @.585 - $288 144 1/2 person (Lori) - $600 300 $ - 876 $ 90Q Quote - $4,137.97 545.300 Insurance $ 2,370 Fiduciary Insurance $ 2,370 Rates increased b 4% 95 $ 2,500 549.300 Other Misc Chgs 8 Obligations Actual $ 676 Misc. Expenses 324 $ 676 324 $ 1,000 549.391 Bank Charges Actual $ - Check Books (3) 45 Wire Fees 75 120 $ 120 554.300 Bks, Pub, Subs 8 Membership Certification - D. Cooper 200 Actual $ 86 FPPTA Membership - $500 Estimated for Sep 08 $ 14 50% -Fire & Police each 250 $ 100 450 $ 550 $400 per person 554.600 Seminars 8 Training -Pension $ - Reg. to Attend Trustee School 200 1/2 person (Lori) 100 $ - 300 $ 300 5513.307 Investment Services Actual $ 19,070 Bogdahn - 88% increase 5,250 Est. Fees -Salem/Bogdahn/ Rockwood $ 6,400 $ 25,470 5,250 $ 32,000 $ 41,097 34 % increase $ 54,970 'ILLAGE OF TEQUESTA BLIC SAFETY OFFICERS PENSION TRUST FUND -FIRE #601 budget Proposal for fiscal year 2009 2006 2007 2007 2008 2008 2008 2009 2009 Actual Amended Actual Adopted Actual Estimated Estimated Budge Description Expenses Budget Expenses Budget Expenses Expenses Budget Amendm $ $ $ $ $ $ $ $ EXPENDITURE Legal Services 2,699 .;~~ 4,454 3,670 5,000 4,214 5,000 6,000 Recording Secy Service 876 „, ~ 776 816 1,000 767 947 5,600 Investment Services 25,397 22,668 25,099 25,000 19,070 25,470 32,000 Actuarial Services 4,850 1,500 4,347 5,000 6,534 6,534 6,000 Travel & Per Diem 377 ,~, 900 578 .p`ei 1,000 - - ~~ 900 Insurance 2,653 ~,, 2,535 2,535 2,700 2,370 2,370 2,500 Other Misc Chgs & Obligations 52 ~_ 50 27 75 676 676 1,000 Bank Charges - - - 120 Books, Publ, Subs & Membership 174 - 339 200 86 100 550 Seminars & Training -Pensions 310 300 462 400 - 300 TOTAL 37,388 33,183 37,873 40,375 33,717 41,097 54,970 Pension Distributions/Refunds 17,948 .,: .-. 10,543 TOTAL 17,948 10,543 - Account 2008 Chan es that affect ex ense 2009 Number Estimated Descri lion Amount Pro osed 531-301 Legal Services Actual $ 1,508 18%feeincrease $ 320 Estimated fees for Sep 08 $ 262 $ 1,770 $ 320 $ 2,100 531.304 Recording Secretary Actual $ 272 Reallocation of cost from $ 1,550 Estimated fees for Special VOT to Pension Meeting - 8/27/08 $ 60 (Total Cost $6,200) $ 332 $ 1,550 $ 1,850 531.309 Actuarial Services $ 2,325 Waiting on response from $ 2,325 Gabriel Roeder 0 $ 2,000 540.300 Travel 8 Per Diem $ - Trustee School - St. Augustine Hotel - 4 nights - $716 360 Food - $36 per day - $144 72 Travel 491.3 miles @.585 - $288 $ 144 1/2 person (Lori) $ 300 $ - $ 876 $ 900 Quote - $4,137.97 545.300 Insurance $ 836 Fiduciary Insurance $ 836 Rates increased b 4% $ 35 $ 1,000 549.391 Bank Charges Actual $ - Check Books (3) $ 15 Wire Fees $ 25 $ - $ 40 $ 40 549.300 Other Misc Chgs & Obligations Actual $ 243 Misc. Expenses $ 100 $ 243 $ 100 $ 400 FPPTA Membership - $500 554.300 Bks, Pub, Subs & Membership 50% -Fire 8< Police each $ 250 Actual $ 31 Certification - D. Cooper $ 200 Estimated for Sep 08 $ 10 Advertisement, Publ 60 $ 41 $ 510 $ 550 $400 per person 554.600 Seminars 8 Training -Pension $ - Reg. to Attend Trustee School $ 200 1/2 person (Lori) $ 100 $ - $ 300 $ 300 551.307 Investment Services Actual $ 6,784 Bogdahn - 88% increase $ 1,750 Est. Fees -Salem/Bogdahn/ Rockwood Capital Rockwood $ 2,100 Salem $ 8,884 $ 1,750 $ 10,700 $ 14,431 36% increase $ 19,840 AGE OF TEQUESTA LIC SAFETY OFFICER PENSION TRUST FUND -POLICE #603 het Proposal for fiscal year 2009 Description 'ENDITURE 2006 2007 2007 2008 2008 2008 2009 20 Actual Amended Actual Adopted Actual Estimated Estimated Buc Expenses Budget Expenses Budget Expenses Expenses Budget Amen al Services 803 ._= 1,459 1,218 - 1600 1,508 1,770 2,100 :ording Secy Service 260 ~, :: 252 273 300 272 332 1,850 ;stment Services 7,634 q 7,392 8,403 - 8000 6,784 8,884 ,-- 10,700 aarial Services 1,440 500 1,470 „~~, 1500 2,325 2,325 2,000 gel & Per Diem 110 ,- 300 190 350 - - 900 arance 893 . 821 821 1000 836 836 1,000 er Misc Chgs & Obligations 16 , 20 9 30 243 243 ~- 400 ik Charges 0 - - ~; 40 iks, Publ, Subs & Membership 51 50 111 ~, 100 31 41 550 ninars & Training -Pensions 90 - ..:~ 100 158 m 150 - - 300 TOTAL 11,297 ,~` 10,894 12,653 13,030 11,999 14,431 19,840 ision Distributions/Refunds 23,253 . 12,901 _ 10,673.00 N TOTAL 23,253 , 12,901 - 10,673 - -