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Exhibit 35: Combining Statement of Cash Flows
CITY OF SUFFOLK, VIRGINIA
REQUIRED SUPPLEMENTARY INFORMATION SCHEDULE OF CONTRIBUTIONS FOR THE YEAR ENDED JUNE 30, EXHIBIT 15
Date Contractually Required Contribution Contribution in Relation to Contractually Required Contribution Contribution Deficiency (Excess)
Employer's Covered Payroll Contributions as a % of Covered Payroll
City Pension Plan:
2013 $ 10,018,672 $ 10,197,688 $ (179,016) $ 53,979,914 18.89% 2014 10,385,226 10,526,564 (141,338) 55,954,879 18.81% 2015 8,171,325 8,321,012 (149,687) 63,639,606 13.08% 2016 6,772,022 8,035,838 (1,263,816) 59,144,296 13.59% 2017 7,068,598 7,030,967 37,631 64,085,203 10.97% 2018 7,423,507 7,309,368 114,139 67,302,874 10.86% 2019 7,243,547 7,200,075 43,472 67,256,705 10.71% 2020 7,468,347 7,462,406 5,941 69,343,981 10.76% 2021 8,630,767 8,610,229 20,538 69,212,248 12.44% 2022 8,992,126 8,992,126 - 72,395,220 12.42%
School Board (non-teacher) Pension Plan:
2013 $ 950,684 $ 938,800 $ 11,884 $ 6,839,451 13.73% 2014 936,860 820,701 116,159 6,739,997 12.18% 2015 747,583 747,583 - 6,271,733 11.92% 2016 701,325 701,325 - 7,303,711 9.60% 2017 586,121 586,121 - 6,556,134 8.94% 2018 395,660 395,660 - 6,718,706 5.89% 2019 356,136 356,136 - 7,179,989 4.96% 2020 350,347 350,347 - 7,228,784 4.85% 2021 420,144 420,144 - 7,502,569 5.60% 2022 444,256 444,256 - 8,968,585 4.95%
School Board Teacher Retirement Plan:
2013 $ - $ 11,648,391 $ (11,648,391) $ 74,383,084 15.66% 2014 - 10,439,005 (10,439,005) 89,528,345 11.66% 2015 11,594,588 11,594,588 - 68,193,037 17.00% 2016 11,533,874 11,533,874 - 71,032,824 16.24% 2017 11,760,656 11,760,656 - 73,624,141 15.97% 2018 12,290,506 12,290,506 - 76,657,195 16.03% 2019 12,543,319 12,543,319 - 81,801,705 15.33% 2020 12,616,285 12,616,285 - 82,806,334 15.24% 2021 13,881,507 13,881,507 - 83,522,903 16.62% 2022 13,650,009 13,650,009 - 84,666,483 16.12%
