HomeMy WebLinkAboutCC Resolution 13046 (GASB 45; Bartel Associates)RESOLUTION NO.13046
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN
RAFAEL ACCEPTING BARTEL ASSOCIATES' GASB 45
COMPLIANCE REPORT FOR DATA ENDING JUNE 30, 2009
WHEREAS, the Governmental Accounting Standards Board (GASB) establishes financial
accounting and reporting standards for state and local governmental entities, which recognize
GASB as the official source of generally accepted accounting principles for state and local
government; and
WHEREAS, GASB 45 establishes standards for accounting and financial reporting of
"Other Post Employment Benefits" (OPEBs) and requires each public agency to engage a
certified actuary to calculate several actuarial measures estimating the current and future costs
and liabilities of an agency's OPEBs; and
WHEREAS, the City entered into an agreement with Bartel Associates to prepare the
GASB 45 required compliance report for data ending June 30, 2009; and
WHEREAS, in San Rafael, the only OPEB offered is medical which varies by bargaining
unit; and
WHEREAS, there have already been a number of significant steps taken to control retiree
health costs in San Rafael; and
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of San Rafael
hereby accepts the report from Bartel Associates, LLC (attached herein).
I, ESTHER C. BEIRNE, Clerk of the City of San Rafael, hereby certify that the foregoing
resolution was duly and regularly introduced and adopted at a regular meeting of the City Council
of said City held on Tuesday the 7th day of September 2010, by the following vote, to wit:
AYES: COUNCIL MEMBERS: Brockbank, Heller, Levine & Mayor Boro
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: Connolly
ESTHER C. BEIRNE, City Clerk