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IMRF& FICA Levy <br /> Actual Proposed <br /> Description 2008 2009 Increase <br /> Levy Levy (Decrease) <br /> Expenses <br /> IMRF/FICA Payments to State (1) 1,071,801 1,822,126 750,325 <br /> Transfer to Reserve 0 0 0 <br /> Total Expenses 1,071,801 1,822,126 750,325 <br /> Revenues <br /> State Replacement Tax 0 0 0 <br /> Transfer from the General Fund 0 653,855 653,855 <br /> Transfer from MFT 12,000 12,000 0 <br /> Interest Income 7,000 3,500 (3,500) <br /> Transfer from Reserve 0 0 0 <br /> Total Revenues 19,000 669,355 650,355 <br /> Total IMRF/FICA Levy 1,052,801 1,152,771 99,970 <br /> (1) 16.15% of salaries other than firefighters and police officers, and 1.45% of firefighters and police officers <br /> hired after 3/31/86. See listing on next page for details. <br /> Page 4 <br />