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ANNUAL AUDIT REPORT
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ANNUAL AUDIT REPORT
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1/13/2021 8:36:28 AM
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1/21/2021
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A X! � 111 0 <br />4101 Mel go] 641,11 V <br />Notes to the Financial Statements <br />June 30, 2020 <br />NOTE 7 — PENSION PLANS (continued) <br />D. California Public Employees' Retirement System (Ca/PERS) Pension Plan (continued) <br />As of June 30, 2020, the District has deferred outflows and deferred inflows of resources <br />related to pensions as follows: <br />Pension contributions subsequent to measurement date <br />Changes of assumptions <br />Net differences between projected and actual earnings <br />on pension plan investments <br />Differences between expected and actual experiences <br />Total <br />Deferred Deferred <br />outflows of inflows of <br />rp--qr)i irni=-q rA--(zni irnp-c, <br />$116121293 $ - <br />312, 942 <br />3121942 1241274 <br />- 230,185 <br />r;,g ng 1 R A92 <br />$119771256 $3611387 <br />These amounts are net of outflows and inflows recognized in the 2018-19 measurement <br />period expense. Contributions subsequent to the measurement date of $1,612,293 reported <br />with deferred outflows of resources will be recognized as a reduction of the net pension liability <br />in the upcoming fiscal year. Other amounts reported as deferred outflows and inflows of <br />resources related to this plan will be recognized in future pension expense as follows: <br />Deferred <br />Measurement periods outflows/(inflows) <br />ended June 30: of resources <br />2020 <br />467,526 <br />2021 <br />(448,880) <br />2022 <br />(69,972) <br />2023 <br />541902 <br />2024 <br />- <br />Thereafter <br />W <br />
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