b'DEPARTMENT BUDGETBudgeted ActualReceipts 2023-24 2023-24 5City Contribution 636,872,654 636,872,654Special Fund (Harbor) 4,896,089 4,896,089Special Fund (Airports) 3,601,367 3,601,367Member Contributions 1 166,028,798 157,191,117Earnings on Investments 506,000,000 763,378,637Gain (Loss) on Sale of Investments 2 1,159,179,545Miscellaneous 3 500,000 697,339Total Receipts 1,317,898,908 2,725,816,748Excess Benefit Plan 4 424,520 424,5201 Includes receipts from members for purchases of prior years pension buybacks or overpayments.2This amount does not include a $1,082,096,125 unrealized increase in the value of investments as a result of the positive performance of the stock markets. If included, it would match the amount shown in the Systems audited financial report of $2,241,275,671 as Net Appreciation in Fair Value of Investments including Gain and Loss on Sale of Investments.3Reflects miscellaneous receipts from various sources.4Represents the City of Los Angeles General Fund contribution earmarked to pay excess benefits, including administrative costs, in compliance with IRC Section 415(b). As Excess Benefit Plan funds are not transferred to LAFPP, they are not included in the Total Receipts.5Based on Audited Financial Statements, which are reported on an accrual basis. Totals may differ from General Managers Monthly Reports, which are reported on a cash basis.90 LAFPP ANNUAL REPORT 2024'