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Historical: Peninsula Airport Commission — FY2023 financial statements and independent auditor report

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PENINSULA AIRPORT COMMISSION SCHEDULE OF EMPLOYER CONTRIBUTIONS (UNAUDITED) YEAR ENDED JUNE 30, 2023 See accompanying notes to the RSI and Report of Independent Auditor. 38 Contribution in Relation to Contributions Contractually Contractually Contribution Employer’s as a % of Required Required Deficiency Covered Covered Year Contribution Contribution (Excess) Payroll Payroll VRS Pension Plan: 2023 120,790 $ 120,790 $ - $ 2,666,440 $ 4.53% 2022 139,928 139,928 - 2,498,721 5.60% 2021 124,612 124,612 - 2,225,207 5.60% 2020 111,829 111,829 - 2,462,544 4.54% 2019 110,854 110,854 - 2,441,718 4.54% 2018 139,067 139,067 - 2,268,631 6.13% 2017 140,156 140,156 - 2,286,395 6.13% 2016 158,058 158,058 - 2,369,678 6.67% 2015 158,918 158,918 - 2,382,571 6.67% 2014 220,175 220,175 - 2,352,297 9.36% 2013 216,015 216,015 - 2,307,848 9.36% 2012 202,606 202,606 - 2,535,744 7.99% GLI OPEB Plan: 2023 14,399 $ 14,399 $ - 2,666,440 $ 0.54% 2022 13,526 13,526 - 2,504,788 0.54% 2021 12,300 12,300 - 2,225,207 0.55% 2020 12,835 12,835 - 2,462,544 0.52% 2019 12,730 12,730 - 2,441,718 0.52% 2018 11,812 11,812 - 2,268,631 0.52% 2017 11,889 11,889 - 2,286,395 0.52% This schedule is intended to present 10 years of information. GASB 68 and GASB 75 were implemented in fiscal year 2015 and 2018, respectively; additional years will be presented as the information becomes available.
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