REVERE CONTRIBUTORY RETIREMENT SYSTEM
Statement of Changes in Net Assets Available for Benefits
For the Year Ended December 31, 1998
Additions:
	Intergovernmental					$	7,319,296
	Interest and investments						7,225,151
	Contributions						1,424,481
			Total Additions				15,968,928
Deductions:
	Payments to retirees						8,194,258
	Other expenses						189,692
			Total Deductions				8,383,950
	Net increase						7,584,978
Net assets available for benefits, beginning of year, as restated							52,588,432
Net assets available for benefits, end of year						$	60,173,410
The notes to the financial statements are an integral part of this statement.