I-1 - Preliminary Official Statement - UR Loan Agreement

City of Tiffin Schedule of City Contributions Iowa Public Employees’ Retirement System For the Last Eight Years (In Thousands) Other Information 2019 2018 2017 2016 Statutorily required contribution $ 52 43 38 34 Contributions in relation to the statutorily required contribution (52) (43) (38) (34) Contribution deficiency (excess) $ - - - - City's covered payroll $ 555 476 426 383 Contributions as a percentage of covered payroll 9.37% 9.03% 8.92% 8.88% NOTE: GASB Statement No. 68 requires ten years of information be presented in this table. However, until a full 10-year trend is compiled, the City will present information for those for which information is available. See accompanying independent auditor’s report. 40