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<br /> )S() Ell
<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 /> percentages of the pension benefit obligation
<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 contributions 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 /> determined requirements previously explained. ..
<br /> 5. Fixed Assets
<br /> The following summarizes the changes in the components of the General Fixed 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 $ 4,523;589 $ - $ - $ 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 2,050.367 2,295 - 2,052,662
<br /> Mainterumce equipment 318,650 - - 318,650
<br /> Specialized equipment 599,263 - - 599,263
<br /> Other equipment 1,056.372 54 ,066 - 1,110,438
<br /> Boœs and miscellaneous 520,323 - - 520,323
<br /> Construction 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 depreciation (5.619,843) (692,829) - (6312,672)
<br /> Net investment in general
<br /> fixed assets $ 12.679.572 $ 1.824.449 $ 80.572 S 14,423,449
<br /> -26-
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