Orange County NC Website
M <br />Other Post Employment Benefits (OPEB) Trust Fund <br />11.At its January 22, 2015 meeting, the Board of County Commissioners approved an <br />appropriation of $1,541,035 from the General Fund Unassigned Fund Balance to <br />continue funding the Other Post Employment Benefits (OPEB) Fund, in order to partially <br />fund the total required annual contribution for the current fiscal year. This technical <br />budget amendment provides for the appropriation of $1,541,035 from the General Fund <br />Unassigned Fund Balance for the above stated purpose. (See Attachment 1, column 10) <br />FINANCIAL IMPACT: Financial impacts are included in the background information above. <br />RECOMMENDATION(S): The Manager recommends the Board approve budget ordinance <br />amendments for fiscal year 2014 -15. <br />