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2024 11 04 Item 5a. Income and Expense as of 9/30/2024Okeechobee General Employees' Retirement System Statement of Income and Expense (Unaudited) FY 2024 Account Description End October End November End December End January End February End March End April End May End June End July End August End September Year -To -Date Income: 4000 Employer Contributions - - - - - - - - - - 1,259.25 1,259.25 4100 Employee Contributions 4,023.03 8,113.88 5,505.93 5,647.12 5,835.05 6,023.75 6,025.00 9,223.00 6,290.46 6,615.32 18,141.50 81,444.04 Realized Gain/Loss-Salem 4210 Equities (631.66) - 1,409.81 - - - (2,104.27) - - - - 32,939.81 31,613.69 4220 Fixed Income - 1,153.04 - - - (853.16) - - - - 6,586.00 6,885.88 Unrealized Gain/Loss-Salem 4310 Equities (104,957.04) 277,844.80 115,674.91 10,768.52 178,689.98 128,493.57 (160,291.01) 160,582.72 40,045.17 83,780.22 71,842.80 34,566.02 837,040.66 4320 Fixed Income (36,352.77) 103,605.39 66,145.93 (1,801.13) (28,818.11) 56.12 (55,397.79) 42,888.62 (191.88) 55,992.61 36,124.27 2,445.06 184,696.32 4600 Interest & Dividend Income 3,991.75 230.82 99,406.37 396.33 289.35 28,649.69 3,796.26 434.69 39,044.66 5,754.64 173.07 30,009.84 212,177.47 Total Income (137,949.72) 385,704.04 291,903.94 14,869.65 155,808.34 163,034.43 (208,826.22) 209,931.03 88,120.95 151,817.93 114,755.46 125,947.48 1,355,117.31 Account Description End October End November End December End January End February End March End April End May End June End July End August End September Year -To -Date Expense: 5000 Benefit Payments 19,221.83 18,966.74 18,966.74 18,966.74 18,966.74 20,224.52 20,224.52 20,224.52 20,224.52 20,224.52 20,224.52 20,224.52 236,660.43 5100 Refund of Contributions - - - - - - - - - - - 7,744.63 7,744.63 5300 DROP Distributions - 21,048.66 - - 21,048.66 6000 Custodian Fees 1,000.00 1,125.00 1,125.00 1,125.00 4,375.00 6020 Investment Consultant Fees 4,625.00 - 4,625.00 - 4,625.00 - 4,625.00 18,500.00 6100 Actuary Fees - - - 5,062.00 - 2,997.00 - - 11,155.00 - - 19,214.00 6110 Administrator Fees 1,670.53 1,670.53 1,670.53 1,670.53 3,541.06 1,670.53 1,705.65 1,805.65 1,705.65 1,705.65 1,705.65 20,521.96 6120 Auditor Fees - - - - 4,700.00 - - - - - - 4,700.00 6150 Legal Fees - - 745.00 - 372.75 745.50 - 621.25 - 620.40 3,104.90 6200 Trustee Expenses -Conference 2,986.06 962.00 3,044.00 4,537.72 310.37 - 2,660.00 243.02 1,477.00 - 16,220.17 6300 Fiduciary Liability Insurance 2,258.00 2,258.00 Total Expense 23,878.42 23,857.27 30,051.27 30,236.99 18,966.74 55,947.36 25,637.55 24,590.17 27,780.17 33,949.44 23,407.17 36,045.20 354,347.75 Reserve Fund Last Period 5,408,383.40 5,246,555.26 5,608,402.03 5,870,254.70 5,854,887.36 5,991,728.96 6,098,816.03 5,864,352.26 6,049,693.12 6,110,033.90 6,227,902.39 6,319,250.68 5,408,383.40 Balance To/ From Reserve 161,828.14 361,846.77 261,852.67 15,367.34 136,841.60 107,087.07 234,463.77 185,340.86 60,340.78 117,868.49 91,348.29 89,902.28 1,000,769.56 TOTAL RESERVE FUND 5,246,555.26 5,608,402.03 5,870,254.70 5,854,887.36 5,991,728.96 6,098,816.03 5,864,352.26 6,049,693.12 6,110,033.90 6,227,902.39 6,319,250.68 6,409,152.96 6,409,152.96