Supreme Statement Of Fiduciary Net Position
24 NOTES TO BASIC FINANCIAL STATEMENTS.
Statement of fiduciary net position. The required financial statements for a fiduciary fund are as follows. Enter all amounts in dollars and cents. 43560 This statement should include information about the assets deferred outflows of resources liabilities deferred inflows of resources and fiduciary net position for each fiduciary fund type and similar discretely presented component.
Land buildings and equipment Bonds payable Long-term portion of due to NYSTRSNYSERS Compensated Absences payable Defeasance loss Long-term portion of judgments and claims payable. Net Change in Plan Fiduciary Net Position 6210543 9845474 15277839 Plan Fiduciary Net Position - Beginning 153679672. Deferred outflows of resources.
143834198 Net Pension Liability - Ending a - b 75046036 76998432 80467701. Reconciling items could include items recorded in the Statement of Net Position but not in Governmental Funds such as. When financial statements are prepared for fiduciary funds they are presented using the economic resources measurement focus and the accrual basis of accounting.
Plan Fiduciary Net Position - Ending b 159890215 153679672. The statement of fiduciary net position presents the following items as of the end of the pension plans reporting period as applicable. The statement of fiduciary net position reports on a pension plans financial position as of the end of the fiscal year and contains the following information.
Statement of Fiduciary Net Position as of December 31 2018. REPORTING ENTITY AND PLAN DESCRIPTION. Statement of Fiduciary Net Position Tax Agency Fund City of Smithville As of December 31 2017 Assets 1563480 Total Assets 1563480 Liabilities Due to other funds and governments 1563480 Total Liabilties 1563480 Taxes Receivable for Other Funds and GovernmentsDelinquent Note.
In addition pension and OPEB trust funds should always report changes in fiduciary net position in accordance with Statement 67 or Statement 74 as applicable. Required Actions Governments must present fiduciary activities that meet the criteria in GASBs Statement 84 with respect to financial statements presented for the 2019 calendar year and for fiscal years ending in 2020 and later. Statement of Fiduciary Net Position.