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…in FY 2017.
Noncurrent liabilities decreased $6.7 million at June 30, 2016. This is due to a $7.4 million decrease in
other postemployment healthcare benefits. Beginning January 1, 2017, retirees who purchase healthcare
coverage will be in a separate pool from active employees of the University. This change reduces the
university’s liability. A $4.7…
https://www.wichita.edu/_archive/services/controller/Accounting/_documents/afr_16.pdf