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CITY OF PARIS, TEXAS <br />Notes to Financial Statements (Continued) <br />September 30, 2024 <br />IV. Detailed Notes on All Activities and Funds (Continued) <br />contributions to TMRS SDBF for the year ended September 30, 2024 were $81,851 and were equal to the required <br />contributions. <br />1. Supplemental Death Benefits Fund (Continued) <br />Changes in the OPEB Liability_ <br />Balance at 12/31/22 <br />Changes for the year: <br />Service Cost <br />Interest <br />Change of Benefit Terms <br />Difference Between Expected and Actual Experience <br />Changes of Assumptions <br />Contributions — Employer <br />Increase <br />(Decrease) <br />Total OPEB <br />Liability <br />$ 1,002,994 <br />43,524 <br />40,511 <br />8,303 <br />52,044 <br />- Contributions —Employees <br />- Net Investment Income <br />Benefit Payments, Including Refunds of Employee Contributions <br />Administrative Expense - Other Changes <br />Changes 95,417 <br />Balance at 12/31/23 <br />(48,965) <br />Net <br />$ 1,098,411 <br />The following presents the total SDBF OPEB liability of the City, calculated using the discount rate of 3.77 %, as <br />well as what the City's total SDBF OPEB liability (asset) would be if it were calculated using a discount rate that <br />is 1 -percentage -point lower (2.77%) or 1 -percentage -point higher (4.77%) than the current rate: <br />1% Decrease in 1% Increase in <br />Discount Rate Discount Rate Discount Rate <br />2.77% 3.77% 4.77% <br />Total OPEB Liability $1,294,230 $1,098,411 $943,241 <br />Supplemental Death Benefits Fund Net Position <br />74 <br />