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Annual Disclosure Report Fiscal Year Ending June 30, 2023 Eastern Municipal Water District Community Facilities District No. 201983 (Winchester Ridge) 2022 Special Tax Bonds Prepared ForMarch 2024Table
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How to fill out gasb 75 disclosures for

01
Review the requirements set forth by GASB 75 for disclosures.
02
Gather the necessary information related to postemployment benefits.
03
Complete the required tables and schedules as specified in the GASB 75 guidelines.
04
Ensure accuracy and completeness of the disclosures before submission.

Who needs gasb 75 disclosures for?

01
Government entities that provide postemployment benefits to their employees.
02
Auditors and regulators who require transparency and accountability in financial reporting.
03
Stakeholders such as taxpayers, bondholders, and fiscal oversight committees who rely on this information for decision-making.
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GASB 75 disclosures are for providing information about other post-employment benefits (OPEB) that governments offer to their employees after retirement, ensuring transparency and accountability in public sector financial reporting.
All governmental entities that offer OPEB to their employees are required to file GASB 75 disclosures, including state and local governments.
GASB 75 disclosures are filled out by calculating the total OPEB liability, reporting plan assets, and detailing related assumptions and funding policies within the entity's financial statements.
The purpose of GASB 75 disclosures is to ensure that governments accurately report their OPEB liabilities, providing stakeholders with relevant information on the financial status of these benefits.
GASB 75 disclosures must report the total OPEB liability, any plan assets, changes in the liability, funding policies, and key actuarial assumptions used in the calculations.
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