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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, 2020 <br />ADDITIONS <br />Employer contributions $ 2,206,025 <br />Net appreciation in fair value of investments 2,520,594 <br />Less investment expense (2,115) <br />Net investment income 2,518,479 <br />Total additions 4,724,504 <br />DEDUCTIONS <br />Benefit payments <br />Total deductions <br />2,577,846 <br />2,577,846 <br />Change in net position 2,146,658 <br />Net position - beginning <br />Net position - ending <br />30,507,845 <br />$ 32,654,503 <br />The accompanying notes are an integral part of the financial statements. <br />45 <br />