ACFR FY 2023 Final - Flipbook - Page 140
FINANCIAL SECTION
City of Eustis, Florida
City of Eustis, Florida
Schedule of Changes in Total OPEB Liability and Related Ratios
Last Ten Measurement Years*
For The Year Ended September 30, 2023
2023
2022
2021
2020
2019
2018
Total OPEB Liability
Service Cost
$
Interest
Difference between
Expected and Actual
Experience
Change of Assumptions
and Other Inputs
86,833
$
84,098
53,960
51,976
379,681
-
234,579
21,446
$
121,231
75,073
$
83,533
94,301
(664,324)
$
133,150
128,821
$
199,474
124,166
-
(1,314,663)
178,131
502,669
(23,855)
(828,724)
(120,552)
(166,315)
(137,507)
(195,792)
(78,140)
36,968
(456,204)
542,996
(1,272,339)
(583,224)
-
Beneot Payments
(128,305)
Net Change in Total OpEb
Liability
626,748
Total OpEb Liability
- beginning
2,364,975
Total OPEB Liability
$2,991,723
- Ending
2,328,007
2,784,211
2,241,215
3,513,554
4,096,778
$2,364,975
$2,328,007
$2,784,211
$2,241,215
$3,513,554
Covered-Employee payroll $11,238,155
$11,238,155
$10,278,551
$10,278,511
$10,452,935
$10,296,568
Total OpEb Liability as a
percentage of CoveredEmployee payroll
26ÿ62%
21ÿ04%
22ÿ65%
27ÿ09%
21ÿ44%
34ÿ12%
Fiscal year 2023 presents information on the plan9s measurement year ended September 30, 2022ÿ
Notes to the Schedule:
*Note 1: GASb 75 requires information for 10 yearsÿ However, until a full 10-year trend is compiled, the District is presenting information for only those years for which information is availableÿ
Note 2: No assets are accumulated in a trust that meets the criteria in paragraph 4 of GASb 75ÿ
140
Annual Comprehensive Financial Report | September 30, 2023
Back to TOC
