Q) Is there a long term liability for IVGID retirement and if so what is it? A) IVGID makes annual contributions to two pension plans and two deferred compensation plans. According to Note 10 and Note 11 on pages 50 and 51 of the 2016 Comprehensive Audited Annual Financial Report (CAFR) for June 30, 2016, IVGID contributed $1,368,000. The long term liability we believe would be the requirement to fund these Plans in the future. Q) Why are you not addressing the Army Corps of Engineers funds for the Effluent Pipeline? This question was asked of Mr. Dobler after his … Continue reading →