Sarasota County, Florida Schedule of Contributions Health Insurance Subsidy 2015 2016 Contractually Required Contribution $ 2,589,138 $ 3,285,000 Contributions in Relation to the Contractually Required Contribution (2,589,138) (3,285,000) Contribution Deficiency (Excess) $ - $ - Covered Payroll* $ 189,660,020 $ 193,548,312 Contributions as a Percentage of Covered Payroll 1.37% 1.70% *Covered payroll represents pensionable wages of all FRS participants in the traditional FRS pension plan and in the FRS investment plan as of the measurement date. Note: Information is required to be presented for 10 years. However, until a full 10-year trend is compiled, the County will present information for only those years for which information is available. 166
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