Exhibit 37: Combining Statement of Revenues, Expenses, and Changes in Fund Net Position

CITY OF SUFFOLK, VIRGINIA

REQUIRED SUPPLEMENTARY INFORMATION SCHEDULE OF CHANGES IN THE CITY'S NET OPEB LIABILITY (ASSET) AND RELATED RATIOS - PLAN REPORTING CITY OPEB TRUST FOR THE YEAR ENDED JUNE 30,

Total OPEB Liability

Service cost Interest Difference between expected and actual experience Changes of assumptions or other inputs Benefit payments, including refunds of employee contributions Net change in total OPEB liability Total OPEB liability -- beginning Total OPEB liability -- ending

2017 2018 2019 2020 2021 2022

$ 886,026 $ 646,056 $ 835,242 $ 936,260

$ 972,561 $ 1,250,647 2,225,368 2,369,007 2,976,786 3,435,345 3,568,007 3,143,180 - 5,564,681 576,876 (479,096) (109,112) (21,471,616) - 289,822 3,129,118 (863,241) - 5,714,895 (1,060,396) (1,454,455) (1,655,212) (1,349,107) (1,242,451) (1,073,690) 2,050,998 7,415,111 5,862,810 1,680,161 3,189,005 (12,436,584) 30,201,776 32,252,774 39,667,885 45,530,695 47,210,856 50,399,861 32,252,774$ $ 39,667,885 $ 45,530,695 $ 47,210,856 $ 50,399,861 $ 37,963,277

Plan fiduciary net position

Contributions -- employer Net investment income Benefit payments, including refunds of employee contributions Administrative fees Net change in plan fiduciary net position Plan fiduciary net position -- beginning Plan fiduciary net position -- ending

Total net OPEB liability (asset) -- beginning Total Net OPEB liability (asset) -- ending 3,340,696$ $ 2,488,905 $ 1,655,212 $ 1,349,107 $ 1,742,451 $

1,803,210 3,390,546 3,045,950 1,629,195 1,131,826 11,551,219 (4,707,020) (1,060,396) (1,454,455) (1,655,212) (1,349,107) (1,242,451) (1,073,690) - (31,912) (32,333) (33,677) (36,395) 5,670,846 4,048,488 1,596,862 1,098,149 12,014,825 (3,977,500) 25,720,279 31,391,125 35,439,613 37,036,475 38,134,624 50,149,449 31,391,125$ $ 35,439,613 $ 37,036,475 $ 38,134,624 $ 50,149,449 $ 46,171,949

4,481,497$

$ 861,649 $ 4,228,272 $ 861,649 $ 4,228,272 $ 8,494,220 $ 8,494,220

$ 9,076,232 $ 9,076,232 $

250,412 $ 250,412 $ (8,208,672)

Plan fiduciary net position as a percentage of total OPEB liability

Covered payroll

Net OPEB Liability as a percentage of covered payroll 97.33% 89.34% 81.34% 80.78% 99.50% 121.62%

58,111,943$ $ 67,302,874 $ 61,416,353 $ 69,886,884 $ 69,886,884 $ 75,470,202

1.48% 6.28% 13.83% 12.99% 0.36% -10.88%

Schedules are intended to show information for 10 years. Since 2017 is the first year of this presentation, no other data is available. Additional years will be included as they become available.

Per GAAP, Net OPEB Liability is reported using the measurement date, which is one year prior to the reporting date.