Laserfiche WebLink
CITY OF PARIS, TEXAS <br />Notes to Financial Statements (Continued) <br />September 30, 2025 <br />IV. Detailed Notes ,on All Activities and Funds (Continued) <br />F. Employee Retirement Systems and Plans (Continued) <br />1. Texas Municipal Retirement System (Continued) <br />Pension„ Expense, ,and Deferred Outflows of Resourcesand Deferred Inflows of ResourcesRelated to <br />Pensions (Continued) <br />At September 30, 2025, the City reported deferred outflows of resources and deferred inflows of resources <br />related to pensions from the following sources: <br />Difference Between Expected and Actual Economic Experience <br />(Net of Current Year Amortization) <br />Changes in Actuarial Assumptions <br />Differences Between Projected and Actual Investment Eamings <br />(Net of Current Year Amortization) <br />Contributions Subsequent to the Measurement Date <br />Total <br />Deferred Outflows Deferred Inflows <br />of Resources of Resources <br />$ 190,632 $ 109,520 <br />- 249,505 <br />- 700,103 <br />1,630,396 ---- <br />$ � 1821028 $ 1059,128 <br />Deferred outflows of resources, related to pensions resulting from contributions subsequent to the <br />measurement date of $1,630,396, will be recognized as a reduction of the net pension liability for the year <br />ending September 30, 2026. Other amounts reported as deferred outflows and inflows of resources related to <br />pensions, will be recognized in pension expense as follows: <br />Fiscal Year Ended September 30, <br />2026 <br />2027 <br />2028 <br />2029 <br />2030 <br />Thereafter <br />56 <br />$ (64,884) <br />875,876 <br />(1,148,967) <br />(530,521) <br />. .......... <br />$ (868,496) <br />