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<br /> <br /> <br /> <br />September 5, 2024 35 <br />RESULTS <br />Amortization Payments <br />(000’s Omitted) <br /> <br /> <br /> 6/30/21 Valuation 6/30/23 Valuation <br /> 2022/23 2023/24 2024/25 2025/26 <br /> 2021 Valuation UAAL $539 $589 $606 $621 <br /> Assumption Changes & <br />Experience (Gain)/Loss <br />• 2023 Valuation - - 152 157 <br /> Total 539 589 757 778 <br /> Amortization Years 16.0 15.0 14.2 13.2 <br /> <br /> <br /> <br /> <br />September 5, 2024 36 <br />RESULTS <br />10-Year Projection11 <br /> (000’s Omitted) <br /> <br />FYE <br />June 30, <br />Contributions <br />Payroll <br />Contribution <br />as % of <br />Payroll <br />Benefit <br />Payments CERBT Total <br />2025 $1,756 $(192) $1,564 $17,352 9.0% <br />2026 1,891 (307) 1,584 17,830 8.9% <br />2027 2,132 (529) 1,603 18,320 8.8% <br />2028 2,311 (695) 1,616 18,824 8.6% <br />2029 2,477 (841) 1,636 19,341 8.5% <br />2030 2,685 (1,028) 1,657 19,873 8.3% <br />2031 2,838 (1,162) 1,676 20,420 8.2% <br />2032 2,980 (1,284) 1,696 20,981 8.1% <br />2033 2,957 (1,239) 1,718 21,558 8.0% <br />2034 3,094 (1,352) 1,742 22,151 7.9% <br /> <br /> <br />11 Includes projected impact of future hires with lowest tier benefits.