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CITY OF SAN LEANDRO
<br />Notes to Required Supplementary Information
<br />For the year ended June 30, 2018
<br />Other Postemployment Benefits -Single-Employer Plan
<br />Schedule of Changes in the Net OPEB Liability and Related Ratios
<br />Last Ten Fiscal Years (1)(2)
<br />For the Measurement Period Ended June 30
<br />Total OPEB Liability
<br />Service Cost
<br />Interest
<br />Changes of benefit terms
<br />Differences between expected and actual experience
<br />Changes of assumptions
<br />Implicit rate subsidy fulfilled
<br />Benefit Payments
<br />Net change in Total OPEB Liability
<br />Total OPEB Liability at beginning of year
<br />Total OPEB Liability at end of year
<br />Plan Fiduciary Net Position
<br />Contributions -employer
<br />Contributions -employer for implicit subsidy
<br />Contributions -member
<br />Net investment income
<br />Benefit payments
<br />Impicit subsidy fulfilled
<br />Administrative expenses
<br />Net change in Plan Fiduciary Net Position
<br />Plan Fiduciary Net Position at beginning of year
<br />Plan Fiduciary Net Position at end of year
<br />Authority's Net OPEB Liability (Asset) at end of year
<br />Plan's Fiduciary Net Position as percentage of Total
<br />OPEB Liability
<br />Covered employee payroll
<br />Net OPEB Liability as percentage of covered payroll
<br />Notes:
<br />$
<br />$
<br />$
<br />$
<br />$
<br />(1) Fiscal year 2017 was the first year of implementation for GASB 74
<br />(2) Fiscal year 2018 was the first year of implementation for GASB 75
<br />2017 2018
<br />709,979 $ 673,551
<br />1,027,370 1,054,962
<br />440,394
<br />(733,837)
<br />(1,538,260) (802,834)
<br />199,089 632,236
<br />18,636,426 18,835,515
<br />18,835,515 $ 19,467,751
<br />8,488,260 $ 1,552,834
<br />733,837
<br />640,483 528,900
<br />(1,538,260) (802,834)
<br />(733,837)
<br />(40,605) (67,811)
<br />7,549,878 1,211,089
<br />6,115,430 13,665,308
<br />13,665,308 $ 14,876,397
<br />5,170,207 $ 4,591,354
<br />72.6% 76.4%
<br />$34,267,955 $33,357,709
<br />15.09% 13.76%
<br />The Plans' actuarial values, which differ from fair values, and funding progress over the most recent past
<br />three years available, are set forth below at their actuarial valuation date of June 30:
<br />98 563
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