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Commissioners authorize GRS Consulting engagement for GASB 75 OPEB reporting

Potter County Commissioners Court · May 26, 2026
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Summary

The court authorized an engagement with GRS Consulting to perform required actuarial services for other post‑employment benefits under GASB 75 for FY2026–27; staff said the work is required for government‑wide financial statements and the cost was budgeted.

County finance staff requested authorization for a two‑year engagement with GRS Consulting to provide actuarial services related to other‑post‑employment‑benefits (OPEB) reporting under GASB 75. Judy explained the work is required every two years because actuarial calculations inform government‑wide financial statements and liabilities.

Judy said the firm has served the county previously and "it's for GASB 75 reporting," noting the engagement is budgeted. Commissioners moved, seconded and approved the contract authorization; staff said the cost was included in the budget. The court recorded the approval by voice vote.