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CITY OF PARIS, TEXAS <br />Notes to Financial Statements (Continued) <br />September 30, 2022 <br />IV. Detailed Notes on All Activities and Funds (Continued) <br />G. Other Post Employment Benefit (OPEB) Obligations (Continued) <br />2. City of Paris Retiree Health Care Plan (Continued) <br />OPEB Plan Net Position <br />Detailed information about the plan's net position is available in a separately -issued TMRS financial report. That <br />report may be obtained at 1444 N. Main Street, Paris, Texas 75460. <br />OPEB Expense and Deferred Outflows of Resources and Deferred Inflows of Resources Related to OPEBs <br />For the year ended September 30, 2022, the City recognized OPEB expense in the amount of $1,916,654. <br />The aggregate OPEB expense for the Supplemental Death Benefits Fund and the City of Paris Retiree Health <br />Care Plan for the year ended September 30, 2022 was $2,071,004. <br />At September 30, 2022, the City reported deferred outflows of resources and deferred inflows of resources <br />related to OPEBs from the following sources: <br />Difference Between Expected and Actual Economic Experience <br />(Net of Current Year Amortization) <br />Changes in Actuarial Assumptions <br />Contributions Subsequent to the Measurement Date <br />Total <br />Deferred Outflows Deferred Inflows <br />of Resources of Resources <br />180,827 <br />108,277 <br />287,455 <br />12,962 <br />$ 289,104 $ 300,417 <br />$108,277 reported as deferred outflows of resources related to OPEB resulting from contributions subsequent <br />to the measurement date, will be recognized as a reduction of the OPEB liability for the year ending <br />September 30, 2022. Other amounts reported as deferred outflows and inflows of resources related to OPEB, <br />will be recognized in pension expense as follows: <br />Fiscal Year Ended September 30, <br />2023 <br />$ (33,379) <br />2024 <br />(39,715) <br />2025 <br />(32,689) <br />2026 <br />(13,807) <br />2027 <br />- <br />Thereafter <br />- <br />Total $ (119,590) <br />H. Water Sales and Commitments <br />1. Water Sales <br />The City has contracts extending for several years to sell treated and untreated water to six entities. Total <br />water sales under these contracts to these entities during the year ended September 30, 2022, were <br />approximately $3,002,193. <br />63 <br />