ACFR FY 2022 FINAL BOOK - Flipbook - Page 132
FINANCIAL SECTION
City of Eustis, Florida
City of Eustis, Florida
Required Supplemental Information
Schedule of Proportionate Share of Net Pension Liability
Florida Retirement System (FRS)
Last Ten Fiscal Years **
For The Year Ended September 30, 2022
2022
0�000970075%
City’s proportion of the net pension liability (asset)
City’s proportionate share of the net pension liability
(asset)
$
City’s covered-employee payroll
360,946
2021
0�001505087%
$
366,774
113,024
2020
0�001708536%
$
514,922
739,837
584,105
City’s proportionate share of the net pension liability
(asset) as a percentage of its covered payroll
98�41%
21�95%
126�66%
plan fiduciary net position as a percentage
of the total pension liability (Note 4)
82�89%
96�40%
78�85%
* The amounts presented for each fiscal year were determined as of 6/30�
**GASb 68 requires information for 10 years� However, until a full 10-year trend is compiled, the City is presenting information for only those years for
which information is available�
** The plan’s fiduciary net position as a percentage of the total pension liability is published in Note 6 of the plan’s Annual Comprehensive Financial Report�
City of Eustis, Florida
Required Supplemental Information
Schedule of Proportionate Share of Net Pension Liability
Health Insurance Subsidy (HIS)
Last Ten Fiscal Years **
For The Year Ended September 30, 2022
2022
City’s proportion of the net pension liability (asset)
City’s proportionate share of the net pension liability
(asset)
City’s covered payroll
City’s proportionate share of the net pension liability
(asset) as a percentage of its covered payroll
plan fiduciary net position as a percentage
of the total pension liability (Note 4)
2021
0�001006430%
$
106,597
366,774
2020
0�001454495%
$
178,416
514,922
0�001682954%
$
205,486
584,105
29�06%
34�65%
35�18%
4�81%
3�56%
3�00%
* The amounts presented for each fiscal year were determined as of 6/30�
** GASb 68 requires information for 10 years� However, until a full 10-year trend is compiled, the City is presenting information for only those years for
which information is available�
** The plan’s fiduciary net position as a percentage of the total pension liability is published in Note 6 of the plan’s Annual Comprehensive Financial Report�
132
Annual Comprehensive Financial Report | September 30, 2022