Page 78 - BAA CAFR 2017
P. 78
BIRMINGHAM AIRPORT AUTHORITY
REQUIRED SUPPLEMENTARY INFORMATION (Unaudited)
Last 10 Fiscal Years (1)
Schedule of Funding Progress – Other Postemployment Benefit Plan
Actuarial Actuarial Actuarial Unfunded Funded Covered UAAL as
Valuation Value of Accrued AAL Ratio (a/b) Payroll (c) a
Date Assets (a) Liability (UAAL) Percentage
(AAL) – (b-a) of Covered
Projected Payroll (b-
Unit a)/(c)
Credit (b)
6/30/2017 $ - $1,706,576 $1,706,576 0.0% $9,014,199 18.9%
(1) Information in this schedule is presented for the year in which information is available.
Information will be added each year until a full 10-year trend is presented.
