For the fiscal year ended June 30, 2025, the City recognized OPEB expense of $2,811,802. As of fiscal year ended June 30, 2025, the City reported deferred outflows and inflows of resources related to OPEB from the following sources:
| Deferred Outflows of Resources | Deferred Inflows of Resources |
|---|
| OPEB contributions subsequent to the measurement date | $ 1,403,495 | $ - |
|---|
| Changes of assumptions | 224,484 | 613,703 |
|---|
| Differences between expected and actual experience | 2,162,407 | 163,422 |
|---|
| Net difference between projected and actual earnings on pension plan investments | 1,047,595 | - |
|---|
| Total | $ 4,837,981 | $ 777,125 |
|---|
The City will recognize the contributions made subsequent to the measurement date totaling $1,403,495 in the next fiscal year. In addition, future recognition of the deferred resources is shown below:
| Fiscal year ended June 30, | Deferred Outflows/(Inflows) of Resources |
|---|
| 2026 | $ 1,521,369 |
| 2027 | 1,281,033 |
| 2028 | (24,360) |
| 2029 | (105,936) |
| 2030 | 11,031 |
| Thereafter | (25,776) |
| Total | $ 2,657,361 |