Comprehensive Annual Financial Report - Fiscal Year ended 6/30/2017

2017 2016 2015 2014 Contractually required contribution 17,046,989 $ 14,237,418 $ 14,479,623 $ 13,845,270 $ Contributions in relation to the contractually required contribution 17,046,989 14,237,418 14,479,623 13,845,270 Contribution deficiency (excess) - - $ - $ - $ Raleigh's covered-employee payroll 230,212,405 $ 210,212,491 $ 202,649,654 $ 194,516,160 $ Contributions as a percentage of covered-employee payroll 7.40% 6.77% 7.15% 7.12% City of Raleigh's Contributions Required Supplementary Information Last Four Fiscal Years Local Government Employees' Retirement System City of Raleigh _____________________________________________________________ Financial Section ____________________________________________________________ __________________________________________________________ 75 __________________________________________________________

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