District Considers Actuarial Services Contract with Foster & Foster
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Description
Foster & Foster proposed an $8,000 engagement with Trona Joint Unified School District to prepare a July 1, 2026 actuarial valuation and GASB 75 footnote disclosures for fiscal years 2027 and 2028 related to postretirement health benefits. The scope includes liability calculations, reconciliations, and virtual meetings to explain results.
Contract Details
Contract Amount
$8,000 (Actuarial Report $5,000; GASB 75 footnote FY 2027 $1,500; GASB 75 footnote FY 2028 $1,500)
Vendor
FOSTER & FOSTER
Agency
Trona Joint Unified, CA
Contract Type
PROFESSIONAL_SERVICES
Document Date
June 25, 2026
Contract Term
Services tied to fiscal year beginning July 1, 2026 and footnote support for fiscal years ending June 30, 2027 and June 30, 2028
Renewal Date
2028-06-30
Renewal Info
One-time valuation with follow-up disclosure support for FY 2027 and FY 2028; no explicit renewal provisions described.
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