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<br />45 <br /> <br />Indian River County, Florida <br />Statement of Changes in Fiduciary Net Position <br />Other Postemployment Benefits Trust Fund <br />For the Year Ended September 30, 2019 <br /> <br /> <br /> ADDITIONS <br /> Employer contributions $ 2,178,500 <br /> <br /> Net appreciation in fair value of investments 1,049,800 <br /> Less investment expense (2,782) <br /> Net investment income 1,047,018 <br /> <br />Total additions 3,225,518 <br /> DEDUCTIONS <br /> Benefit payments 2,238,521 <br /> Total deductions 2,238,521 <br /> Change in net position 986,997 <br /> Net position - beginning 29,520,848 <br /> Net position - ending $ 30,507,845 <br /> <br /> <br />The accompanying notes are an integral part of the financial statements.