{ "document_id": 16532, "page": 61, "width_pt": 612, "height_pt": 792, "rotation": 0, "pipeline_version": "paddleocr-vl-1.6+paul-48", "engine": "paddleocr_vl", "source_run_id": 16643, "item_count": 51, "counts_by_type": { "footer": 1, "heading": 1, "table": 3, "table_cell": 43, "text": 2, "title": 1 }, "build_ms": 5, "items": [ { "id": "p61.1", "order": 1, "type": "title", "bbox": { "l": 215.76, "t": 763.92, "r": 396.24, "b": 717.12 }, "text": "KENTUCKY STATE UNIVERSITY\nNOTES TO FINANCIAL STATEMENTS\n(Continued)\nJune 30, 2021", "attrs": { "block_label": "doc_title" }, "level": 2 }, { "id": "p61.2", "order": 2, "type": "heading", "bbox": { "l": 70.08, "t": 693.6, "r": 455.04, "b": 679.68 }, "text": "NOTE 10 - OTHER POSTEMPLOYMENT BENEFITS PLANS (OPEB) (CONTINUED)", "attrs": { "block_label": "paragraph_title" }, "level": 3 }, { "id": "p61.3", "order": 3, "type": "table", "bbox": { "l": 91.44, "t": 661.68, "r": 520.56, "b": 557.04 }, "text": "", "attrs": { "block_label": "table", "n_rows": 6, "n_cols": 5, "integrity": { "cells_checked": 11, "cells_flagged": 0 } }, "children": [ { "id": "p61.3.1", "order": 4, "type": "table_cell", "bbox": { "l": 91.44, "t": 661.68, "r": 177.264, "b": 648.6 }, "text": "", "attrs": { "row": 0, "col": 0, "rowspan": 1, "colspan": 1 } }, { "id": "p61.3.2", "order": 5, "type": "table_cell", "bbox": { "l": 407.275433, "t": 657.918823, "r": 436.289293, "b": 632.681871 }, "text": "Deferred\nOutflows of\nResources", "attrs": { "row": 0, "col": 1, "rowspan": 1, "colspan": 2, "bbox_refit": true, "merged_continuation": true } }, { "id": "p61.3.3", "order": 6, "type": "table_cell", "bbox": { "l": 479.412836, "t": 657.918823, "r": 507.241574, "b": 632.681871 }, "text": "Deferred\nInflows of\nResources", "attrs": { "row": 0, "col": 2, "rowspan": 1, "colspan": 2, "bbox_refit": true, "merged_continuation": true } }, { "id": "p61.3.4", "order": 7, "type": "table_cell", "bbox": { "l": 94.439821, "t": 620.839098, "r": 302.280053, "b": 614.081405 }, "text": "Net difference between projected and actual earnings on OPEB plan investments", "attrs": { "row": 1, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p61.3.5", "order": 8, "type": "table_cell", "bbox": { "l": 177.264, "t": 622.44, "r": 263.088, "b": 609.36 }, "text": "$", "attrs": { "row": 1, "col": 1, "rowspan": 1, "colspan": 1 } }, { "id": "p61.3.6", "order": 9, "type": "table_cell", "bbox": { "l": 430.316398, "t": 620.839098, "r": 445.081928, "b": 614.081405 }, "text": "1,000", "attrs": { "row": 1, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p61.3.7", "order": 10, "type": "table_cell", "bbox": { "l": 348.912, "t": 622.44, "r": 434.736, "b": 609.36 }, "text": "$", "attrs": { "row": 1, "col": 3, "rowspan": 1, "colspan": 1 } }, { "id": "p61.3.8", "order": 11, "type": "table_cell", "bbox": { "l": 434.736, "t": 622.44, "r": 520.56, "b": 609.36 }, "text": "-", "attrs": { "row": 1, "col": 4, "rowspan": 1, "colspan": 1 } }, { "id": "p61.3.9", "order": 12, "type": "table_cell", "bbox": { "l": 94.439821, "t": 611.599094, "r": 251.952896, "b": 595.601776 }, "text": "Net changes in proportion and differences between employer contributions and proportionate share of contributions", "attrs": { "row": 2, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p61.3.10", "order": 13, "type": "table_cell", "bbox": { "l": 177.264, "t": 609.36, "r": 263.088, "b": 596.28 }, "text": "", "attrs": { "row": 2, "col": 1, "rowspan": 1, "colspan": 1 } }, { "id": "p61.3.11", "order": 14, "type": "table_cell", "bbox": { "l": 430.343634, "t": 602.359469, "r": 445.048799, "b": 595.601776 }, "text": "8,000", "attrs": { "row": 2, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p61.3.12", "order": 15, "type": "table_cell", "bbox": { "l": 348.912, "t": 609.36, "r": 434.736, "b": 596.28 }, "text": "-", "attrs": { "row": 2, "col": 3, "rowspan": 1, "colspan": 1 } }, { "id": "p61.3.13", "order": 16, "type": "table_cell", "bbox": { "l": 434.736, "t": 609.36, "r": 520.56, "b": 596.28 }, "text": "", "attrs": { "row": 2, "col": 4, "rowspan": 1, "colspan": 1 } }, { "id": "p61.3.14", "order": 17, "type": "table_cell", "bbox": { "l": 94.439821, "t": 593.1198440000001, "r": 265.09458, "b": 586.362151 }, "text": "Differences between expected and actual earnings on investments", "attrs": { "row": 3, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p61.3.15", "order": 18, "type": "table_cell", "bbox": { "l": 177.264, "t": 596.28, "r": 263.088, "b": 583.2 }, "text": "", "attrs": { "row": 3, "col": 1, "rowspan": 1, "colspan": 1 } }, { "id": "p61.3.16", "order": 19, "type": "table_cell", "bbox": { "l": 427.177364, "t": 593.1198440000001, "r": 445.081928, "b": 586.362151 }, "text": "21,000", "attrs": { "row": 3, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p61.3.17", "order": 20, "type": "table_cell", "bbox": { "l": 348.912, "t": 596.28, "r": 434.736, "b": 583.2 }, "text": "-", "attrs": { "row": 3, "col": 3, "rowspan": 1, "colspan": 1 } }, { "id": "p61.3.18", "order": 21, "type": "table_cell", "bbox": { "l": 434.736, "t": 596.28, "r": 520.56, "b": 583.2 }, "text": "", "attrs": { "row": 3, "col": 4, "rowspan": 1, "colspan": 1 } }, { "id": "p61.3.19", "order": 22, "type": "table_cell", "bbox": { "l": 94.439821, "t": 583.880219, "r": 255.110039, "b": 577.122526 }, "text": "University's contributions subsequent to the measurement date", "attrs": { "row": 4, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p61.3.20", "order": 23, "type": "table_cell", "bbox": { "l": 177.264, "t": 583.2, "r": 263.088, "b": 570.12 }, "text": "", "attrs": { "row": 4, "col": 1, "rowspan": 1, "colspan": 1 } }, { "id": "p61.3.21", "order": 24, "type": "table_cell", "bbox": { "l": 430.316398, "t": 583.880219, "r": 445.081928, "b": 577.122526 }, "text": "8,000", "attrs": { "row": 4, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p61.3.22", "order": 25, "type": "table_cell", "bbox": { "l": 348.912, "t": 583.2, "r": 434.736, "b": 570.12 }, "text": "-", "attrs": { "row": 4, "col": 3, "rowspan": 1, "colspan": 1 } }, { "id": "p61.3.23", "order": 26, "type": "table_cell", "bbox": { "l": 434.736, "t": 583.2, "r": 520.56, "b": 570.12 }, "text": "", "attrs": { "row": 4, "col": 4, "rowspan": 1, "colspan": 1 } }, { "id": "p61.3.24", "order": 27, "type": "table_cell", "bbox": { "l": 91.44, "t": 570.12, "r": 177.264, "b": 557.04 }, "text": "", "attrs": { "row": 5, "col": 0, "rowspan": 1, "colspan": 1 } }, { "id": "p61.3.25", "order": 28, "type": "table_cell", "bbox": { "l": 177.264, "t": 570.12, "r": 263.088, "b": 557.04 }, "text": "$", "attrs": { "row": 5, "col": 1, "rowspan": 1, "colspan": 1 } }, { "id": "p61.3.26", "order": 29, "type": "table_cell", "bbox": { "l": 427.205905, "t": 565.637518, "r": 445.050102, "b": 558.879825 }, "text": "38,000", "attrs": { "row": 5, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p61.3.27", "order": 30, "type": "table_cell", "bbox": { "l": 348.912, "t": 570.12, "r": 434.736, "b": 557.04 }, "text": "$", "attrs": { "row": 5, "col": 3, "rowspan": 1, "colspan": 1 } }, { "id": "p61.3.28", "order": 31, "type": "table_cell", "bbox": { "l": 434.736, "t": 570.12, "r": 520.56, "b": 557.04 }, "text": "-", "attrs": { "row": 5, "col": 4, "rowspan": 1, "colspan": 1 } } ] }, { "id": "p61.4", "order": 32, "type": "text", "bbox": { "l": 68.88, "t": 546.72, "r": 541.92, "b": 486.72 }, "text": "Of the total amount reported as deferred outflows of resources related to OPEB, $8,000 resulting from University contributions subsequent to the measurement date and before the end of the fiscal year will be included as a reduction of the collective net OPEB liability in the year ended June 30, 2021. Other amounts reported as deferred outflows of resources and deferred inflows of resources related to OPEB will be recognized in the University's OPEB expense as follows:" }, { "id": "p61.5", "order": 33, "type": "table", "bbox": { "l": 172.32, "t": 459.36, "r": 468.96, "b": 318.72 }, "text": "", "attrs": { "block_label": "table", "n_rows": 3, "n_cols": 3, "integrity": { "cells_checked": 4, "cells_flagged": 0 } }, "children": [ { "id": "p61.5.1", "order": 34, "type": "table_cell", "bbox": { "l": 178.557705, "t": 457.857147, "r": 273.340631, "b": 446.394658 }, "text": "Year ending June 30:", "attrs": { "row": 0, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p61.5.2", "order": 35, "type": "table_cell", "bbox": { "l": 271.2, "t": 459.36, "r": 370.08, "b": 441.78 }, "text": "", "attrs": { "row": 0, "col": 1, "rowspan": 1, "colspan": 1 } }, { "id": "p61.5.3", "order": 36, "type": "table_cell", "bbox": { "l": 370.08, "t": 459.36, "r": 468.96, "b": 441.78 }, "text": "", "attrs": { "row": 0, "col": 2, "rowspan": 1, "colspan": 1 } }, { "id": "p61.5.4", "order": 37, "type": "table_cell", "bbox": { "l": 203.157279, "t": 442.134602, "r": 248.040473, "b": 352.075153 }, "text": "2022\n2023\n2024\n2025\n2026\nThereafter", "attrs": { "row": 1, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p61.5.5", "order": 38, "type": "table_cell", "bbox": { "l": 271.2, "t": 441.78, "r": 370.08, "b": 424.2 }, "text": "$", "attrs": { "row": 1, "col": 1, "rowspan": 1, "colspan": 1 } }, { "id": "p61.5.6", "order": 39, "type": "table_cell", "bbox": { "l": 432.168895, "t": 442.134602, "r": 462.52554, "b": 352.075153 }, "text": "13,000\n7,000\n3,000\n2,000\n3,000\n2,000", "attrs": { "row": 1, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p61.5.7", "order": 40, "type": "table_cell", "bbox": { "l": 172.32, "t": 336.3, "r": 271.2, "b": 318.72 }, "text": "", "attrs": { "row": 2, "col": 0, "rowspan": 1, "colspan": 1 } }, { "id": "p61.5.8", "order": 41, "type": "table_cell", "bbox": { "l": 271.2, "t": 336.3, "r": 370.08, "b": 318.72 }, "text": "$", "attrs": { "row": 2, "col": 1, "rowspan": 1, "colspan": 1 } }, { "id": "p61.5.9", "order": 42, "type": "table_cell", "bbox": { "l": 432.140414, "t": 332.813542, "r": 462.546147, "b": 321.351053 }, "text": "30,000", "attrs": { "row": 2, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true } } ] }, { "id": "p61.6", "order": 43, "type": "text", "bbox": { "l": 69.84, "t": 308.64, "r": 541.2, "b": 282.96 }, "text": "Actuarial Assumptions – The total OPEB liability in the June 30, 2020 actuarial valuation was determined using the following actuarial assumptions, applied to all periods included in the measurement:" }, { "id": "p61.7", "order": 44, "type": "table", "bbox": { "l": 71.04, "t": 255.6, "r": 494.88, "b": 144.72 }, "text": "", "attrs": { "block_label": "table", "n_rows": 3, "n_cols": 2, "integrity": { "cells_checked": 6, "cells_flagged": 0 } }, "children": [ { "id": "p61.7.1", "order": 45, "type": "table_cell", "bbox": { "l": 73.920198, "t": 254.32491400000004, "r": 165.496191, "b": 174.973565 }, "text": "Investment rate of return\nProjected salary increases\nInflation rate\nReal Wage Growth\nWage Inflation\nMunicipal Bond Index Rate", "attrs": { "row": 0, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p61.7.2", "order": 46, "type": "table_cell", "bbox": { "l": 258.513066, "t": 254.32491400000004, "r": 477.57501, "b": 174.973565 }, "text": "7.50%, net of OPEB plan investment expense, including inflation\n3.50-7.20%, including inflation\n3.00%\n0.50%\n3.50%\n3.50%", "attrs": { "row": 0, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p61.7.3", "order": 47, "type": "table_cell", "bbox": { "l": 73.920198, "t": 171.164623, "r": 122.157692, "b": 161.049888 }, "text": "Discount Rate", "attrs": { "row": 1, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p61.7.4", "order": 48, "type": "table_cell", "bbox": { "l": 258.513066, "t": 157.365413, "r": 282.743882, "b": 147.250678 }, "text": "7.50%", "attrs": { "row": 1, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p61.7.5", "order": 49, "type": "table_cell", "bbox": { "l": 73.920198, "t": 157.365413, "r": 178.191954, "b": 147.250678 }, "text": "Single Equivalent Interest Rate", "attrs": { "row": 2, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p61.7.6", "order": 50, "type": "table_cell", "bbox": { "l": 282.96, "t": 158.58, "r": 494.88, "b": 144.72 }, "text": "7.50%, net of OPEB plan investment expense, including price inflation", "attrs": { "row": 2, "col": 1, "rowspan": 1, "colspan": 1 } } ] }, { "id": "p61.8", "order": 51, "type": "footer", "bbox": { "l": 524.88, "t": 47.52, "r": 539.04, "b": 36 }, "text": "58.", "attrs": { "block_label": "number" } } ], "excluded_furniture": { "first": [], "last": [] } }