Franklin Park Pension Plans - 3 years 2008-2010

This summary is presented in the same fashion as our Pension Administrator, Schneider Downs presents it to us on a Quarterly Basis. The summary is for 3 years starting on Jan 1, 2008 to Dec 31, 2010:
Account Balance on Jan 1, 2008 $4,204,201.70
Contributions by the Borough Taxpayers and Employees $710,125.63
Dividend Income Through Dec 31, 2010 $233,118.79
Interest Income Through Dec 31, 2010 $ 92,515.06
TOTAL $5,239,961.18
Schneider Downs Management Fee $63,665.88
Withdrawals, Pensions to Employees and Police $416,974.50
Remaining BALANCE $4,759,320.80
Actual Balance on 12.31.10 $4,467,747.91
Loss over 3 years $291,572.89

First Quarter of 2011 showed gains but the 2nd Quarter 2011 would wipe off those gains