Comprehensive Annual Financial Report - Harford County Public ...
Comprehensive Annual Financial Report - Harford County Public ...
Comprehensive Annual Financial Report - Harford County Public ...
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HARFORD COUNTY PUBLIC SCHOOLS<br />
REQUIRED SUPPLEMENTARY INFORMATION<br />
FOR OTHER POSTEMPLOYMENT BENEFIT PLAN<br />
June 30, 2012<br />
Schedule of Funding Progress<br />
Value of<br />
Assets<br />
Accrued<br />
Liability (AAL)<br />
Unfunded<br />
AAL (UAAL)<br />
Funded<br />
Ratio<br />
Covered<br />
Payroll<br />
UAAL as a %<br />
of Covered<br />
Payroll<br />
July 1, 2008 $ 12,136,368 $ 589,795,000 $ 577,658,632 2.06% $ 278,038,509 207.76%<br />
July 1, 2009 $ 10,233,348 $ 626,155,000 $ 615,921,652 1.63% $ 278,636,614 221.05%<br />
July 1, 2010 $ 10,962,506 $ 534,277,000 $ 523,314,494 2.05% $ 278,479,993 187.92%<br />
July 1, 2011 $ 15,255,626 $ 462,698,000 $ 447,442,374 3.30% $ 276,823,307 161.63%<br />
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