Solvency Watch · Born Between 2 Generals

Northwest Florida First Responders' Pension Fund

Public pension fund · period FY2024

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Solvency signal

Watch

One or two warning signs — worth a closer look before decisions.

composite health 48.0 / 100

Named red flags

⚑ reserve ratio below 15%14% vs ≥ 15%
Reserves are the cushion that absorbs a bad year before cuts are forced.
⚑ burn rate above 8%/yr9%/yr vs ≤ 8%/yr
A fast drawdown sets the clock on how long reserves last.

Thresholds (shown openly)

Metric	Healthy when	FY2024	Status
Reserve ratio	≥ 15%	14%	breached
Debt load	≤ 60%	59%	ok
Funding level	≥ 80%	81%	ok
Burn rate	≤ 8%/yr	9%/yr	breached

Trend · FY2023 → FY2024

Deterioration is visible before it becomes a crisis.

Metric	FY2023	FY2024	Change	Direction
Reserve ratio	17%	14%	-3%	▼ worsening
Debt load	57%	59%	+2%	▼ worsening
Funding level	84%	81%	-3%	▼ worsening
Burn rate	7%/yr	9%/yr	+2%/yr	▼ worsening

Audit snapshot

solvency.audit

$ audit Northwest Florida First Responders' Pension Fund
period:   FY2024
reserves     14%
debt         59%
funding      81%
burn          9%/yr
breaches: 2
signal:   WATCH
sha256:   5761685306214ae835fee332c316f6933603a70407d4b7fc8e66f39df2a52ff5

The SHA-256 fixes this evaluation to these exact numbers — re-running on the same snapshot reproduces the same hash.