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NOTE 12 — OTHER POST -EMPLOYMENT BENEFITS (OPEB) PLAN (CONTINUED) <br />H. Total OPEB Liability Sensitivity to Discount and Health -Care Cost Trend Rate Changes <br />The following presents the total OPEB liability of the City, as well as what the City's total OPEB liability <br />would be if it were calculated using a discount rate that is 1 percentage point lower or 1 percentage point <br />higher than the current discount rate: <br />1% Decrease in <br />Discount Rate <br />OPEB discount rate 1.12% <br />Discount <br />Rat e <br />1% Increase in <br />Discount Rate <br />2.12% 3.12% <br />Total OPEB liability $ 607,564 $ 563,334 $ 520,267 <br />The following presents the total OPEB liability of the City, as well as what the City's total OPEB liability <br />would be if it were calculated using healthcare cost trend rates that are 1 percentage point lower or 1 <br />percentage point higher than the current healthcare cost trend rates: <br />1% Decrease in Healthcare Cost Trend <br />Healthcare Cost Trend Rate <br />6.33% decreasing to 4.00° o <br />OPEB healthcare trend rate over 10 years <br />1% Increase in <br />Rate Healthcare Cost Trend Rate <br />Total OPEB liability $ 478,490 $ <br />7.33% decreasing to 8.33% decreasing to 6.00% <br />5.00% over 10 years over 10 years <br />563,334 $ 666,845 <br />I. OPEB Expense and Related Deferred Outflow of Resources and Deferred Inflows of Resources <br />For the current year ended, the City recognized OPEB expense of $52,640. As of year-end, the City <br />reported deferred outflows of resources and deferred inflows of resources related to OPEB from the <br />following sources: <br />Differences between expected and actual experience <br />Changes of assumptions <br />City contributions subsequent to the measurement date <br />Deferred <br />Outflows of <br />Resources <br />Deferred <br />Inflows of <br />Resources <br />$ 5,682 $ 295,829 <br />68,181 29,429 <br />13,939 - <br />Total $ 87,802 $ 325,258 <br />91 <br />