Delaware County, Indiana - Notes to Financial Statements

Sensitivity of the Total OPEB Liability to Changes in the Discount Rate

The following presents the total OPEB liability of the County, as well as what the County's total OPEB liability would be if it were calculated using a discount rate that is 1-percentage-point lower (3.83%) or 1-percentage-point higher (5.83%) than the current discount rate:

	1% Decrease (3.83%)	Discount Rate (4.83%)	1% Increase (5.83%)
Total OPEB liability	$7,392,644	$6,858,151	$6,369,696

Sensitivity of the Total OPEB Liability to Changes in the Healthcare Cost Trend Rates

The following presents the total OPEB liability of the County, as well as what the County's total OPEB liability would be if it were calculated using healthcare cost trend rates that are 1-percentage-point lower (7.00% decreasing to 3.50%) or 1-percentage-point higher (9.00% decreasing to 5.50%) than the current healthcare cost trend rates:

	Healthcare Costs
	1% Decrease (7.5% Decreasing to 3.50%)	Trend Rates (8.5% Decreasing to 4.50%)	1% Increase (9.5% decreasing to 5.50%)
Total OPEB liability	$6,185,225	$6,858,151	$7,646,761

OPEB Expense and Deferred Outflows of Resources and Deferred Inflows of Resources Related to OPEB

For the year ended December 31, 2025, the County recognized OPEB expense of $609,051. At December 31, 2025, the County reported deferred outflows of resources and deferred inflows of resources related to OPEB from the following sources:

	Deferred Outflows of Resources	Deferred Inflows of Resources
Differences between expected and actual experience	$872,004	$1,466,628
Changes of assumptions or other inputs	809,719	328,298
Total	$1,681,723	$1,794,926

Amounts reported as deferred outflows of resources and deferred inflows of resources related to OPEB will be recognized in OPEB expense as follows:

Years Ending December 31:
2026	$(18,254)
2027	(98,073)
2028	(81,983)
2029	103,761
2030	133,986
Thereafter	(152,640)