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17 Mar 2015 ... The City of West Hollywood is a General Law City with a Council/Manager form of government. The City is ... (CAR) and its Notes to the Financial Statements as relates to GAS 45 is
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What is gasb 45 data extract?
The GASB 45 data extract is a report that provides information on retiree health benefits and other post-employment benefits (OPEB) offered by governmental entities. It includes details about the plans, liabilities, and expenses related to these benefits.
Who is required to file gasb 45 data extract?
Governmental entities that offer retiree health benefits and other post-employment benefits (OPEB) are typically required to file the GASB 45 data extract. This includes state and local governments, as well as certain other public entities.
How to fill out gasb 45 data extract?
Filling out the GASB 45 data extract typically involves gathering relevant data and information about retiree health benefits and other post-employment benefits (OPEB) offered by the governmental entity. This includes details about the plans, liabilities, expenses, and other required information. The specific process may vary depending on the reporting requirements and guidelines provided by the Governmental Accounting Standards Board (GASB).
What is the purpose of gasb 45 data extract?
The purpose of the GASB 45 data extract is to provide transparency and accountability regarding retiree health benefits and other post-employment benefits (OPEB) offered by governmental entities. It helps stakeholders, such as taxpayers and bondholders, understand the financial implications and obligations related to these benefits.
What information must be reported on gasb 45 data extract?
The GASB 45 data extract typically requires reporting on various aspects of retiree health benefits and other post-employment benefits (OPEB). This may include information on the plans themselves, such as eligibility criteria and benefit provisions, as well as actuarial reports on liabilities and expenses related to these benefits.
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