There are several competing GASB 45 programs available, but we believe the SISC Trust affords you a preferred way to address your agency’s impending financial impact. SISC has designed a program that is cost effective with minimal administrative requirements.

A single Trust Agreement, Trustee, Investment Policy and investment strategy for all members eliminates incurring these costs individually. Additionally, by adopting an irrevocable trust you will greatly reduce the audit disclosures required. The SISC GASB 45 Trust program will provide quarterly statements and annual audited financial statements that meet many of the reporting requirements for our member agencies.

Links

GASB: Governmental Accounting Standards Board
Total Compensation Systems, Will Kane FSA, EA: wkane@totcomp.com

References

Midway School District
(661) 768-4344
https://midwayschooldistrict.org

Tulare City School District
(559) 685-7200
https://tcsdk8.org

North of River Sanitary District
(661) 399-6411
https://norsd.com