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2 <br /> For the current fiscal year, the County has appropriated $4.8 million of the excess fund balance. <br /> The $3 million appropriated to establish and fund the Other Post Employment Benefit (OPEB) <br /> Trust was a Manager recommendation as part of the fiscal year June 30, 2013 Operating <br /> Budget to fully fund the total required OPEB contribution for the current fiscal year. It has been <br /> recommended by the Local Government Commission (LGC) and the Bond Rating Agencies that <br /> the County addresses the funding of its OPEB liability. Without addressing this growing liability, <br /> which currently totals $64 million, the LGC and the Bond Rating agencies have informed staff <br /> that the County's ability issue debt in the future could be limited. Additionally staff recommends <br /> that the BOCC consider the suggested uses of the $1.86 million available unassigned balance <br /> outlined in Attachment 2. <br /> FINANCIAL IMPACT: The financial impact is the use of $6.6 million of General Fund Balance <br /> that is in excess of the established fund balance policy of 17%. <br /> RECOMMENDATION(S): The Manager recommends that the Board approve the suggested <br /> uses of General Fund available fund balance and provide direction and feedback to staff on <br /> other uses of available fund balance. <br />