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Indian River County, Florida <br />Required Supplementary Information <br />For the Year Ended September 30, 2011 <br />Other Postemployment Benefits Plan <br />Schedule of Funding Progress <br />* First year of Indian River County Other Postemployment Benefits Trust (IRCOT) <br />Schedule of Employer Contributions <br />Fiscal Year <br />Annual <br />Amount <br />Percentage <br />UAAL as a <br />Net OPEB <br />Actuarial <br />Actuarial Accrued <br />Contributed <br />Contributed <br />Percentage of <br />Actuarial <br />Value of <br />Liability (AAL) - <br />Unfunded AAL <br />$ <br />2,720,348 <br />Covered <br />Valuation <br />Assets <br />Entry Age <br />(UAAL) <br />Funded Ratio <br />Covered Payroll <br />Payroll <br />Date <br />(a) <br />(b) <br />(b -a) <br />(a/b) <br />(c) <br />((b-a)/c) <br />10/01/2007 * <br />$ - <br />$ 29,098,337 <br />$ 29,098,337 <br />0.00% <br />$ 64,847,001 <br />44.87% <br />10/01/2009 <br />$ 3,690,592 <br />$ 32,456,186 <br />$ 28,765,594 <br />11.37% <br />$ 70,558,251 <br />40.77% <br />* First year of Indian River County Other Postemployment Benefits Trust (IRCOT) <br />Schedule of Employer Contributions <br />Fiscal Year <br />Annual <br />Amount <br />Percentage <br />Net OPEB <br />Ending <br />Required Contribution <br />Contributed <br />Contributed <br />Obligation <br />9/30/2008 <br />$ <br />2,626,254 <br />$ <br />2,720,348 <br />103.58% <br />$ <br />(94,094) <br />9/30/2009 <br />$ <br />2,809,587 <br />$ <br />2,819,373 <br />100.35% <br />$ <br />(103,880) <br />9/30/2010 <br />$ <br />2,814,942 <br />$ <br />3,030,792 <br />107.67% <br />$ <br />(319,730) <br />9/30/2011 <br />$ <br />2,949,686 <br />$ <br />2,819,540 <br />95.59% <br />$ <br />(189,584) <br />In the current fiscal year, there have not been any factors, such as changes in benefit provisions, the size or composition of the population covered by <br />the plan or the actuarial methods and assumptions used, that would significantly affect the identification of trends in the amounts reported. See Note <br />17 for more information on the IRCOT. <br />W'. <br />