(Page 93) The FY 08-09 Police Pension Fund revenues are estimated at $1,015,400, of which $505,520 is projected to be collected from property taxes, which is represented as Employer Contributions. This is a $45,890 or 10% increase over the FY 07-08 Budget of $459,630. According to our latest actuarial review, the Police Pension Fund is 82.0% funded. Total pension/disability payments equal $432,570. Pension/disability payments include four police officers on permanent disability, five retirees and one surviving spouse of a retiree. It is anticipated that additional officers could retire within the next few years.