HomeMy WebLinkAboutMINUTES Firemen's Pension Board 1973-04-16RECORD OF PROCEEDINGS
Firemen's Pension Board
April 16, 1973
Attending from the Town
of Estes Park:
Attending from the Estes Park
Fire Department:
Mayor Harry B. Tregent, Town Treasurer
N. T. Petrocine, Town Clerk Dale G. Hill
Chief V. L. McCracken, Assistant Chief
David P. Gavell, Secretary -Treasurer
John Ramey
The following officers were elected by unanimous vote:
President - V. L. McCracken
Treasurer - N. T. Petrocine
Secretary - Dale G. Hill
Member Tregent moved the following pension be approved:
Dale G. Hill
Member Gavell seconded the motion. Upon roll call the motion unanimously
carried.
The financial report of the Firemen's Pension Fund was reviewed by the
Board and is attached hereto.
Member Ramey moved the monthly pension be increased to $50.00 a month,
effective May 1, 1973 for all retired firemen. Member Gavell seconded
the motion. Upon roll call the motion unanimously carried.
There being no further business, the meeting adjourned.
Dale G. Hill, Secretary
TOWN OF ESTES PARK, COLORADO
Trust Funds
Balance Sheet
December31, 1972
Assets
Policemen's • Firemen's
Pension Pension
Fund Fund
Cash $14,616 $ 5,502
Investments ' 38,502 27,535
Interest receivable on investments' 176 884
$53,294 $33,921
Fund Balance.
Fund balance, December 31, 1971.'
Add: Revenues
Less: Expenditures.
Fund balance, December 31, 1972•
$49,287 $31,749
8,769 8,415
58;056 40,164
4,762 6,243
$53,294 $3,3•
TOWN OF ESTES PARK, COLORADO
Trust Funds •
Statement of Revenues
For the Year Ended December 31, 1972
Policemen's Firemen's
Pension Pension
Fund Fund
State of Colorado $4,313 $3,033
Town of Estes Park 934• 3,700
Employees contributions 934
Interest 2,588. 1,682
$8,769 $8,415
TOWN OF ESTES PARK, COLORADO
Trust Funds
Statement of Expenditures
For the Year Ended December 31, 1972
Insurance $ $ 403
4,022 5,840
Return of investment Pensions � 740
$4,762 $6,243
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