“The Government Accounting Standards Board’s (GASB) Statement 75 has been the untold story of the June 30, 2018 CAFRs. We are accumulating the CAFRs from the 50 states, 58 counties, 482 cities, 944 school districts, and 72 community college districts. The increase in Other Post Employment Benefits (OPEBs) has been staggering and mind blowing. I hope to release the results soon.”
Read the full article on: California State Senator John Moorlach