ACFR - FY2020 5-28-21 FINAL - Flipbook - Page 121
City of Eustis
Schedule of Changes in Total OPEB Liability and Related Ratios
Last 10 Measurement Years*
2020
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
$
Covered payroll
$
Total OPEB liability as a percentage of covered payroll
$
83,533
94,301
502,669
(137,507)
542,996
2,241,215
2,784,211
10,278,511
27.09%
2019
$
$
133,150
128,821
(1,314,663)
(23,855)
(195,792)
(1,272,339)
3,513,554
2,241,215
$
$
10,452,935
$
21.44%
Fiscal year 2020 presents information on the Plan's measurement year ended September 30, 2019.
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.
104
2018
$
193,551
130,089
(828,724)
(78,140)
(583,224)
4,096,778
3,513,554
10,296,568
34.12%
