OPEB Liabilities, OPEB Expense, and Deferred Outflows of Resources and Deferred Inflows of Resources Related to OPEBs - At June 30, 2019, the University reported a liability of $5,516,000 for its proportionate share of the collective net OPEB liability that reflected a reduction for state OPEB support provided to the University. The collective net OPEB liability was measured as of June 30, 2018, and the total OPEB liability used to calculate the collective net OPEB liability was based on a projection of the University's long-term share of contributions to the OPEB plan relative to the projected contributions of all participating employers, actuarially determined. At June 30, 2019, the University's proportion was 0.16%.
The amount recognized by the University as its proportionate share of the OPEB liability, the related State support, and the total portion of the net OPEB liability that was associated with the University were as follows:
University's proportionate share of the net OPEB liability $ 5,516,000
State's proportionate share of the net OPEB liability associated with the University 2,700,000
Total $ 8,216,000
For the year ended June 30, 2019, the University recognized OPEB expense of $280,000 and revenue of $188,000 for support provided by the State. At June 30, 2019, the University reported deferred outflows of resources and deferred inflows of resources related to OPEBs from the following sources:
| Deferred Outflows of Resources | Deferred Inflows of Resources | |
|---|---|---|
| Net difference between projected and actual earnings on OPEB plan investments | $- - 76,000 | $ 22,000 - 283,000 |
| Changes of assumptions | - - | - |
| Differences between expected and actual experience | ||
| Changes in proportion and differences between employer Contributions and proportionate share of contributions | - - | 111,000 |
| University's contributions subsequent to the measurement date | 293,145 | - |
| Total | $ 369,145 | $ 416,000 |
Of the total amount reported as deferred outflows of resources related to OPEB, $293,145 resulting from University contributions subsequent to the measurement date and before the end of the fiscal year will be included as a reduction of the collective net OPEB liability in the year ended June 30, 2020. Other amounts reported as deferred outflows of resources and deferred inflows of resources related to OPEB will be recognized in the University's OPEB expense as follows:
Year ended June 30:
2020 $ (66,000)
2021 (66,000)
2022 (66,000)
2023 (56,000)
2024 (58,000)
Thereafter (28,000) (340,000)
(Continued)
48.