| GASB 45 implementation schedule: | |||
|
Annual Revenues |
Deadline for Fiscal Years
beginning after |
||
| Phase I |
> $100 million |
|
|
| Phase II |
$10 million - $100 million |
|
|
| Phase III |
< $10 million |
||
| GASB 43 implementation is one year earlier than GASB 45. If a trust is established during the fiscal year that GASB 45 is implemented, then GASB 43 would also be implemented that same fiscal year. | |||