1. FIRE Expense 2nd QTR FY 2026

Fire Pension Board Meeting · 2026-05-05 · agenda_item

This item concerns the Fire Pension Board's review of the second quarterly report for fiscal year 2026. The report details expenses, including payments to individuals like Burgess Chambers and Klausner, Kaufman, Jensen & Levinson, as well as services from Foster & Foster and Brown & Brown. It also lists management fees from Loomis Sayles, Advent Capital Management, and Manning and Napier, along with auditor fees from Saltmarsh, Cleaveland & Gund. The report covers financial activities from October through March, including state revenue received and city contributions. This is an administrative review and approval process for retirement payouts and share allocations. The work involves financial reporting, auditing, and fund management. Businesses that provide accounting, legal, investment management, and fiduciary insurance services may find opportunities related to these ongoing financial operations. Early engagement with the pension board or its staff could provide insight into future needs.

FY 2026

2026

2nd Quarter

2

Burgess Chambers expense

12,761.21

Klausner, Kaufman, Jensen & Levinson expense

452.50

Klausner, Kaufman, Jensen & Levinson expense

1,445.00

Klausner, Kaufman, Jensen & Levinson expense

302.50

Klausner, Kaufman, Jensen & Levinson expense

2,237.50

Klausner, Kaufman, Jensen & Levinson expense

200.00

Klausner, Kaufman, Jensen & Levinson expense

4,637.50

Klausner, Kaufman, Jensen & Levinson total

9,877.56

IME - Physician expense

5,702.40

Foster & Foster expense

27,718.00

Foster & Foster total

56,087.90

Brown & Brown (Fiduciary Ins.) expense

7,046.76

Brown & Brown (Fiduciary Ins.) total

8,202.90

Saltmarsh, Cleaveland & Gund (Ind. Auditors) expense

7,900.00

Saltmarsh, Cleaveland & Gund (Ind. Auditors) expense

0.00

Saltmarsh, Cleaveland & Gund (Ind. Auditors) total

16,060.00

FPPTA Membership Dues expense

750.00

FPPTA Membership Dues total

825.00

Registration expense

0.00

Registration total

2,280.96

Travel & Training expense

0.00

Travel & Training total

5,702.40

Loomis Sayles expense

6,649.63

Loomis Sayles expense

6,758.55

Loomis Sayles expense

6,126.15

Advent Capital Management expense

5,543.68

Manning and Napier expense

11,757.07

Buy Back for calculation for Kailey White

319.00

Buy Back for calculation for Brandon Holder

328.00

State Revenue Payment Received Date

8/20/2025

State Revenue Amount Received

737,444.53

Remitted to Pension Plan Date

8/21/2025

City Contribution

4,705,891

City Contribution after State Revenue

3,968,446.47

City Contribution Deposited Date

12/23/2025

2nd Quarterly

2