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<br /> I ¿cr DP <br /> City of San Marcos, Texas <br /> Exhibit 6 <br /> Notes to General Purpose Financial Statements (continued) <br /> September 30, 1992 <br /> 4. Retirement Plan (continued) <br /> 1990 1991 1992 <br /> 1. Net assets available for benefits, expressed as <br /> per-centages of the pension benefit obligaúon <br /> applicable to the City's employees 81% 83% 84% <br /> 2. Unfunded pension benefit obligation. expressed as <br /> percentages of annual covered payroll 17% 16% 14% <br /> 3. City's contribuùons to the plan, expressed as <br /> percentages of annual covered payroll 4.6% 4.7% 5.8% <br /> The City's contributions to the plan were made in accordance with the actuarially <br /> detennined requirements previously explained. <br /> .. <br /> 5. Fixed Assets <br /> The following summarizes the changes in the components of the General FLxed Assets <br /> Account Group for the year ended September 30, 1992: <br /> Balance Balance <br /> October 1, September 30, <br /> 1991 Additions Deletions 1992 <br /> Land S 4.523.589 $ - $ - S 4.523.589 <br /> Building 2.585,774 ' - - 2.585,774 <br /> Improvements 1,404,434 80.572 - 1,485,006 <br /> Fire hydrant system 255,105 - - 255,105 <br /> Furnishings 429,141 75.895 - 505.036 <br /> Business machines 927,736 133,949 - 1.061.685 <br /> Vehicles 2,050367 2.295 - 2,052,662 <br /> Maintenance equipment 318,650 - - 318.650 <br /> Specialized equipment 599,263 - - 599,263 <br /> Other equipment 1,056372 54 .066 - 1,110,438 <br /> Books and miscellaneous 520,323 - - 520323 <br /> Construcùon in progress 3.628.661 2,170.501 80,572 5,718,590 <br /> 18.299,415 2.517.278 80.572 20,736,121 <br /> Accumulated depre;ciation (5.619,843) (692,829) - (6312,672) <br /> Net investment in general <br /> fi xed assets $ 12,679.572 S 1.824,449 $ 80.572 $ 14,423,449 <br /> -26- <br />