ACFR - FY2021 FINAL 5-13-22 USE THIS ONE - Flipbook - Page 129
CITY OF EUSTIS, FLORIDA
SCHEDULE OF CHANGES IN TOTAL OPEB LIABILITY AND RELATED RATIOS
LAST 10 MEASUREMENT YEARS*
FOR THE YEAR ENDED SEPTEMBER 30, 2021
2021
Total OPEB Liability
Service cost
Interest
Difference between expected and actual experience
Change of assumptions and other inputs
Benefit payments
Net change in total OPEB liability
Total OPEB liability - beginning
Total OPEB liability - ending
$
83,533
94,301
502,669
(137,507)
542,996
2,241,215
2,784,211
$ 10,278,551
$ 10,278,511
22.65%
27.09%
$
Covered payroll
Total OPEB liability as a percentage of covered payroll
121,231
75,073
(664,324)
178,131
(166,315)
(456,204)
2,784,211
2,328,007
2020
$
$
Fiscal year 2021 presents information on the Plan's measurement year ended September 30, 2020.
Notes to the Schedule:
Note 1: GASB 75 requires information for 10 years. However, until a full 10-year trend is compiled,
the District is presenting information for only those years for which information is available.
Note 2: No assets are accumulated in a trust that meets the criteria in paragraph 4 of GASB 75.
119
2019
$
2018
$
133,150
128,821
(1,314,663)
(23,855)
(195,792)
(1,272,339)
3,513,554
2,241,215
$
199,474
124,166
(828,724)
(78,140)
(583,224)
4,096,778
3,513,554
$
$
10,452,935
$ 10,296,568
21.44%
34.12%