CAFR 2016

-34- Exhibit A-14

City of Greensboro Statement of Changes in Fiduciary Net Position Fiduciary Fund For the Fiscal Year Ended June 30, 2016

Other Postemployment Benefit (OPEB) Trust

ADDITIONS Employer Contributions Employee Contributions

$

4,734,307 2,242,097

Interest Earnings: Investment Income

310,789

Net Increase (Decrease) in the Fair Value of Investments

(454,427) (143,638)

Total Investment Income

Total Additions

6,832,766

DEDUCTIONS Benefits Paid

6,976,404

Administrative Expenses

32,611

Total Deductions

7,009,015

Change in Net Position

(176,249)

Net Position Restricted for OPEB - July 1 Net Position Restricted for OPEB - June 30

15,358,413 15,182,164

$

The notes to the financial statements are an integral part of this statement.