Deferred Outflows of Resources
| Account | Title |
|---|---|
| 129701 | Accumulated decrease in fair value of hedging derivatives This is the offset for the Hedging derivative liability-noncurrent account 229200 |
| 129702 | Deferred loss on refunding bonds The excess of the reacquisition price of refunded debt over its net carring amount; defined in GASB 65 paragraph 6. |
| 129703 | Other deferred outflow of resources For deferred outflows defined by GASB 65 in paragraphs 7, 10, 13, 18, 26, 27, 29, and not already defined in a more specific 1297xx NCAS account. If an agency requires a more specific deferred outflow account, a new account request should be submitted to OSC. |
| 129704 | Forward funded state aid Resources provided by the State to its component units or other external entities when the only eligibility criterion that has not been met by the recipient is a time requirement. This type of deferred outflow is defined by GASB 65 paragraph 10. An example is the forward funding to the State Education Assistance Authority for need based financial aid. |
| 129705 | Excess Consideration Provided for Acquisition The excess of the consideration provided for a government acquisition over the net position acquired; defined in GASB 69, paragraph 39. |
|
129706 |
Deferred Outflows for Asset Retirement Obligation (ARO) For deferred outflows for Asset Retirement Obligation as defined by GASB 83. (New for FY 2019) |
| 129710 | Deferred outflows for pensions For deferred outflows defined by GASB 68 Accounting and Financial Reporting for Pensions. Amounts reported in this account are amortized over time as pension expense. The account should only reflect the allocated portion of deferred outflows for that agency for cost-sharing plans (TSERS) and any deferred outflows associated with single-employer plans administered by the agency. [See GASB 68 Accounting and Financial Reporting for Pensions for more information.] |
| 129720 | Deferred outflows for OPEB For deferred outflows defined by GASB 75, Accounting and Financial Reporting for Postemployment Benefits Other Than Pensions. Amounts reported in this account are amortized over time as OPEB expense. The account should only reflect the allocated portion of deferred outflows for that agency for cost-sharing plans and any deferred outflows associated with single-employer plans administered by the agency. [See GASB 75 Accounting and Financial Reporting for Postemployment Benefits Other Than Pensions for more information.] |