b'City of Dover Tuscarawas County, Ohio Notes to the Basic Financial Statements For the Year Ended December 31, 2019 Such agreement provides for minimum, annual lease payments as follows:GovernmentalYear Ending December 31 Activities2020 $2,4752021 413Total Minimum Lease Payments 2,888Less:Amount Representing Interest (93)Present Value of Minimum Lease Payments $2,795Note 14Contingent LiabilitiesLitigationThe City management is of the opinion that the ultimate disposition of claims and legal proceedings will not have a material effect, if any, on the financial condition of the City.Federal and State GrantsThe City participates in several federally assisted programs.These programs are subject to financial and complianceauditsbythegrantorortheirrepresentative.Suchauditscouldleadtoarequestfor reimbursement to the grantor agency for expenditures disallowed under the terms of the grant.Based on prior experience, the City believes such disallowance, if any, would be immaterial. Note 15Defined Benefit Pension PlansThe Statewide retirement systems provide both pension benefits and other postemployment benefits (OPEB).Net Pension Liability (Asset)/Net OPEB LiabilityThe net pension liability (asset) and the net OPEB liability reported on the statement of net position represent liabilities to employees for pensions and OPEB, respectively. Pensions/OPEB are a component of exchange transactionsbetween an employer and its employeesof salaries and benefits for employee services.Pensions/OPEBareprovidedtoanemployeeonadeferred-paymentbasisaspartofthetotal compensation package offered by an employer for employee services each financial period.The obligation to sacrifice resources for pensions is a present obligation because it was created as a result of employment exchanges that already have occurred.Thenetpension/OPEBliabilities(asset)representtheCitysproportionateshareofeachpension/OPEB plans collective actuarial present value of projected benefit payments attributable to past periods of service, netofeachpension/OPEBplansfiduciarynetposition.Thenetpension/OPEBliabilities(asset) calculationsare dependent on criticallong-term variables, including estimated average life expectancies, earningsoninvestments,costoflivingadjustmentsandothers.Whiletheseestimatesusethebest information available, unknowable future events require adjusting these estimates annually.- 56 56 -'