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II <br />The OPEB Trust investments can be. found in Note 3D of.the Annual Comprehensive <br />Financial Report for the Fiscal Year ended September 30, 2023. <br />Contributions and Funding Policy. The Board, in concert with the OPER Board of <br />Trustees, has the authority to establish and amend the funding .policy of the OPEB Plan, <br />The OPEB Trust is advance funded by the County. For the year ended September 30, 2023, <br />the County contributed $1.0 million to the qualifying OPEB Trust. Plan members received <br />benefits totaling $3.2 million. The County anticipates that the. OPEB liability will be <br />liquidated in the following manner; General Fund 53%, Emergency Services District Fund <br />29%, Enterprise Funds 8%, Internal Service Funds 1%, and the remaining 9% is by the <br />Other Governmental Funds. It is the County's Policy to base: future contributions on: the <br />annual required contribution in subsequent annual actuarial reports. Custodial and <br />individual fund administrative fees are paid from the portfolio dividend and interest <br />income. , <br />Net OPEB Liability. The County's Net OPEB liability was measured as of <br />September 30, 2023, and the total OPEB liability used o calculate the: net OPEB liability + <br />was determined by an actuarial valuation as of October 1 2021. Roll -forward reports were <br />completed at Fiscal Year end. The components of the net OPEB liability .of the. County at <br />September 30, 2023, were as follows: <br />Total OPEB liability $35,132,573 <br />Plan fiduciary net position (29,$00,707) <br />County's net OPEB liability $5,331,$66 <br />Plan fiduciary net position as a percentage of the total <br />OPEB liability 84.82% <br />