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GASB 75 OPEB Expense <br /> Below is the OPEB Expense for the fiscal year ending December 31,2018. These exhibits should 6e <br /> used as the basis for flnancial reporting under GASB 75 for the flscal year endfng December 31, <br /> 2018. As descrlbed in the GASB 75 stondard,a one-year lookback moy be used when preparing <br /> financlal disclosures under GASB 75. <br /> � . � .: �. . - � t D � 1 <br /> 1. Components of OPEB Expense <br /> a. Service Cost $ 26,748 <br /> b. Interest Cost 3,779 <br /> c. Liability Gain or Loss 0 <br /> d. Assumption Changes 0 <br /> e. Projected Investment Return 0 <br /> f. Investment Gain or Loss N/A <br /> g. Administrative Expenses 0 <br /> h. Plan Changes 0 <br /> i. Total 30,527 <br /> 2. Deferred Outflows of Resources <br /> a. Liability Losses $ � <br /> b. Assumption Changes 0 <br /> c. Investment Losses N/A <br /> d. Estimated Employer Contributions* 270 <br /> e. Estimated Total* 270 <br /> 3. Deferred Inflows of Resources <br /> a. Liability Gains $ 0 <br /> b. Assumption Changes � <br /> c. Investment Gains N/A <br /> d. Total 0 <br /> 4. Future Recognition of Deferred Flows in OPEB Expense <br /> (Fiscal Years Ending) <br /> a. December 31,2018 N/A <br /> b. December 31,2019 $ � <br /> c. December 31,2020 � <br /> d. December 31,2021 � <br /> e. December 31,2022 � <br /> f. December 31,2023 � <br /> g. Thereafter � <br /> "`Under GASB 75,employer contributions made after the Measurement Date and before the Reporting Date <br /> must be disclosed as Deferred Outflows of Resources. The amount shown should be updated with the actual <br /> employer contributions when preparing the disclosures at fiscal year-end. <br /> City of Pequot Lakes <br /> Page 7 <br />