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NOTE 11— OTHER POST -EMPLOYMENT BENEFITS (OPEB) PLAN (CONTINUED) <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 <br />Healthcare Trend Rate <br />9.00% decreasing to <br />OPEB healthcare trend rate 4.00% over 10 years <br />Healthcare Trend 1% Increase in <br />Rate Healthcare Trend Rate <br />10.00% decreasing to 11.00% decreasing to <br />5.00% over 10 years 6.00% over 10 years <br />Total OPEB liability $ 599,082 $ 699,412 $ 820,679 <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 $96,950. As of year-end, the City <br />reported deferred outflows of resources and deferred inflows of resources related to OPEB from the <br />following sources: <br />Changes of assumptions <br />City contributions subsequent to the measurement date <br />Deferred Deferred <br />Outflows of Inflows of <br />Resources Resources <br />$ 15,611 <br />11,686 <br />$ 37,433 <br />Total $ 27,297 $ 37,433 <br />A total of $11,686 reported as deferred outflows of resources related to OPEB resulting from city <br />contributions subsequent to the measurement date will be recognized as a reduction of the total OPEB <br />liability in the year ending December 31, 2020. Other amounts reported as deferred outflows of resources <br />and deferred inflows of resources related to OPEB will be recognized in OPEB expense as follows: <br />Year Ending OPEB Expense <br />June 30, Amount <br />2020 $ (2,134) <br />2021 $ (2,134) <br />2022 $ (2,134) <br />2023 $ (2,134) <br />2024 $ (2,134) <br />Thereafter $ (11,152) <br />90 <br />