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Agenda 12-12-23; 12-2 - Information Item - Memorandum Regarding Other Post-Employment Benefits Cash Flow
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Agenda 12-12-23; 12-2 - Information Item - Memorandum Regarding Other Post-Employment Benefits Cash Flow
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12/7/2023 3:01:39 PM
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12/7/2023 2:53:05 PM
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BOCC
Date
12/12/2023
Meeting Type
Business
Document Type
Agenda
Agenda Item
12-2
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Agenda for December 12, 2023 BOCC Meeting
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\BOCC Archives\Agendas\Agendas\2023\Agenda - 12-12-2023 Business Meeting
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GASB 74/75 — Collective Results <br /> ,OPEB Expense <br /> Service Cost $4,123,410 <br /> Interest Cost 4,636,990 <br /> Current-period benefit changes 0 <br /> Expensed portion of current-period difference between expected and actual experience (2,878,022) <br /> Expensed portion of current-period difference between changes of assumptions (71,080) <br /> Active member contributions 0 <br /> Projected earnings on plan investments (25,412) <br /> Expensed portion of current-period differences between actual and projected earnings 1,342 <br /> Administrative Costs 0 <br /> Other 0 <br /> Recognition of beginning Deferred Outflows 8,870,567 <br /> Recognition of beginning Deferred Inflows (7,376,508) <br /> OPEB Expense/(Income) $7,281,287 <br /> ®°age �a4 rb <br /> ii sa <br /> o <br /> Q'rfi �nc0" <br />
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