1991-24836-Order No. 91-105 Recorded 8/9/199191-2483h
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DE
An Order Relating to the CDD
Revenue Fund, nunc pro tunc
as of June 30, 1991.
ORDER NO. 91-105
REVIEWED
LEG SOI SEL
01 V ! UG".42
WHEREAS, by Order No. 90-131, the Board of County
Commissioners authorized the creation of the CDD Revenue Fund, into
which excess revenue collected by the Community Development
Department (CDD) is to be deposited by the County Treasurer and set
aside for future expenses incurred by CDD; and
WHEREAS, pursuant to Order No. 90-131, the County Treasurer
has created the CDD Revenue Fund and, upon signature of this order,
is prepared to deposit into the fund excess revenue collected by
CDD during the fiscal year 1990-91; and
WHEREAS, the Board of County Commissioners has determined that
the provisions of Order No. 90-131 do not clearly set forth the
method for calculating excess revenue or the procedure for future
deposits into the CDD Revenue Fund and that clarification is
necessary; now, therefore
THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON,
ORDERS as follows:
Section 1. For purposes of the CDD Revenue Fund, the term
"excess revenue" means the difference between the actual fees
collected by CDD and CDD's actual expenditures plus 10% of CDD's
actual fees collected.
Section 2. At the close of each fiscal year, the County
Treasurer shall determine if CDD has collected excess revenue
during that fiscal year. All such excess revenue shall be
deposited into the CDD Revenue Fund.
Section 3. In each fiscal year, so long as the CDD Revenue
Fund is maintained in the County budget, the fund shall be annually
budgeted based upon the balance in the fund and departmental
revenue projection. Transfers from the CDD Revenue Fund to the
General Fund shall be based upon projected CDD expenses for the
next fiscal year.
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1 - ORDER NO. 91-105 (8/7/91)
010'7 0623
Section 4. In the event of shortfalls in the projected CDD
revenue arising during a fiscal year, but not anticipated in the
departmental revenue projection, the Board may transfer to the
General Fund from the CDD Revenue Fund the amount necessary to
balance the revenue and expenditures of CDD during the fiscal year.
DATED this 7th day of August, 1991, nunc pro tunc as of
June 30, 1991.
BOARD OFICOUNTY COMMISSIONERS
OF DES TES COUNTY, OREGON
,/ e-gmmi s s
■rff"WEEK"IM1141
2 - ORDER NO. 91-105 (8/7/91)