Are custodial funds $($agency funds$)$ included in the Statement of Fiduciary Net Position of the City of Dearborn CAFR? If so$,$ list them. Describe the purposes for which they exist.

City of Dearborn, Michigan

Fiduciary Funds

Statement of Fiduciary Net Position

June $30,2023$

Pension and

Other

Postemployment

$\{\begin{array}{c}\text{:}\text{B}\text{e}\text{n}\text{e}\text{f}\text{i}\text{t}\text{s}\end{array}$ Custodial Funds

Assets

Cash and cash equivalents $($Note $2)$

Investments: $($Note $2)$

Other short$-$term investments

Negotiable CDs

Stocks

Fixed$-$income funds

Real estate

Mutual funds

Receivables:

Property taxes receivable

Accrued interest receivable

Other receivables

Total assets

Liabilities

Accounts payable

Due to other governmental units

Total liabilities

Net Position $-$ Restricted

Pension

Postemployment benefits other than pension

Total net position

Fiduciary Funds

Statement of Changes in Fiduciary Net Position

Year Ended June $30,2023$

Pension and

Other

Postemployment

Benefits

Additions

Investment income $($loss$)$:

Interest and dividends

Net increase in fair value of investments

Investment$-$related expenses

Net investment income

Contributions:

Employer contributions

Employee contributions

Total contributions

Reimbursements

Fines and fees

Property tax collections

Total additions

Deductions

Benefit payments

Refunds of contributions

Administrative expenses

Claims and judgments

Distributions to other governments

Total deductions

Net Increase in Fiduciary Net Position

Net Position $-$ Beginning of year

Net Position $-$ End of year