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CITY OF EUGENE, OREGON <br /> <br />Notes to Basic Financial Statements <br /> <br />continued <br />(4) Detailed Notes on All Funds, continued <br /> <br /> (H) Noncurrent Liabilities, continued <br /> <br /> Compensated Absences <br /> <br />At June 30, 2018, the City reported compensated absences of $9,978,257 in governmental activities. The General <br />Fund, internal service funds, and other governmental funds are typically used to liquidate these liabilities. <br /> <br /> Internal Service Fund Debt <br /> <br />Based on an analysis of billings, governmental activities have been determined to be the predominant source of <br />revenue for all internal service funds. Therefore, noncurrent liabilities of the internal service funds are reported in <br />governmental activities. As of June 30, 2018, internal service fund debt included Limited Tax Pension Bonds (net of <br />unamortized discount) of $9,498,591, a net pension liability of $15,346,366, a net OPEB liability of $5,704,767, and <br />$1,000,185 in compensated absences. <br />66 <br />December 10, 2018, Meeting - Item 2D