GASB 68 Fund Information

The Governmental Accounting Standards Board (GASB) is a private, non-governmental organization that creates accounting reporting standards for state and local governments. GASB Statement Number 68 was implemented to improve the accounting and reporting by state and local governments specifically for pensions. GASB 68 was the result of a comprehensive review of the effectiveness of reporting for pensions with a goal of providing decision-useful information, supporting accountability and interperiod equity, and creating more transparency. Audited financial statements for fiscal years ended 6/30/2015 through 6/30/2021 are listed below, in addition to the note disclosure and required supplementary information for ERSRI's plans.