ACFR - FY2020 5-28-21 FINAL - Flipbook - Page 95
NOTES TO FINANCIAL STATEMENTS
CITY OF EUSTIS, FLORIDA
(Continued)
Note 6 - Other Postemployment Benefits (Continued)
OPEB Expense and Deferred Outflows of Resources and Deferred Inflows of
Resources Related to OPEB
For the year ended September 30, 2020, the City recognized OPEB expense of $262,932. At
September 30, 2020, the City has deferred outflows of resources and deferred inflows of
resources related to OPEB from the following sources:
Deferred inflows of resources shown above will be recognized in OPEB expense in the
following years:
Fiscal Year Ending:
September 30, 2021
September 30, 2022
September 30, 2023
September 30, 2024
September 30, 2025
Thereafter
Total
Inflows
Outflows
$
192,585
192,585
192,585
192,585
192,585
760,414
$
$
1,723,339
$
50,267
50,267
50,267
50,267
50,267
201,067
452,402
Deferred
Outflows of
Resources
Differences between Expected and
Actual Experience
Changes in Assumptions
Contributions Subsiquent to the Measurement Date
$
$
78
452,402
166,315
618,717
Amount
$
$
142,318
142,318
142,318
142,318
142,318
559,347
1,270,937
Deferred
Inflows of
Resources
$ (1,051,731)
(671,608)
$ (1,723,339)
