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NOTE 13 — 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 3.05% <br />Discount 1% Increase in <br />Rate Discount Rate <br />4.05% 5.05% <br />Total OPEB liability $ 856,232 $ 794,822 $ 736,026 <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 1% Increase in <br />Healthcare Cost Trend Rate Rate Healthcare Cost Trend Rate <br />5.20% grading to 2.9% 6.20% grading to 3.9% 7.20% grading to 4.9% <br />OPEB healthcare trend rate over several decades over several decades over several decades <br />Total OPEB liability $ 685,891 $ 794,822 $ 925,384 <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 $109,113. As of year-end, the City <br />reported deferred outflows of resources and deferred inflows of resources related to OPEB from the <br />following sources: <br />Differences between expected and actual experience <br />Changes of assumptions <br />City contributions subsequent to the measurement date <br />Total <br />Deferred Deferred <br />Outflows of Inflows of <br />Resources Resources <br />$ 409,659 $ 222,683 <br />51,025 421,366 <br />42,119 - <br />$ 502,803 $ 644,049 <br />93 <br />