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2018-37-Minutes for Meeting December 19,2017 Recorded 1/25/2018Recorded in Deschutes County Nancy Blankenship, County Clerk Commissioners' Journal CJ2018-37 01/25/2018 7:40:15 AM For Recording Stamp Only Deschutes County Board of Commissioners 1300 NW Wall St., Bend, OR 97703-1960 (541) 388-6570 - Fax (541) 385-3202 - www.deschutes.oLg MINUTES OF BUDGET COMMITTEE MEETING DESCHUTES COUNTY BOARD OF COMMISSIONERS Tuesday, December 19, 2017 Allen Conference Room - Administration Building - 1300 NW Wall St., Bend Present were Commissioners Tammy Baney, Phil Henderson and Anthony DeBone. Also present were Budget Committee Members Mike Maier, Bill Anderson, and Bruce Barrett; Tom Anderson, County Administrator; Erik Kropp, Deputy County Administrator; Wayne Lowry, Finance Director and Loni Burk; and Sharon Ross, Board Executive Secretary. No representatives of the media were in attendance. CALL TO ORDER: Chair Bruce Barrett called the meeting to order at 1:33 p.m. Welcome to Bill Anderson, newest member of the Budget Committee. Introductions were made. County Administrator Anderson noted this is a mid -year budget meeting to review recommendations made during the budget hearings and prepare for the upcoming budget season and form the initial assumptions. Wayne Lowry, Finance Director presented the Financial Update and Treasurer's Report. The Treasurer's Report is also posted on the Deschutes County website showing the county's investment portfolio. Mr. Lowry reviewed the department schedule of financial operating data report as of November 30, 2017. Discussion held on overtime in departments and staffing Minutes of Budget Committee Meeting December 19, 2017 Page 1 of 3 coverages. Mr. Lowry gave the Budget Committee Update including assessed values and property taxes. The Sheriff's Office is without a business manager at the moment and Mr. Lowry has been assisting with budget plans. The intention of 911 service district is not to raise a levy and if needing it would be near a penny. Discussion held on the Development Revenues showing trends from the year 2001 to 2018. Community Development Department has a draft policy proposing 9 months — 18 months for reserves for proposed use to cushion permits still in process and cost of service. Room tax revenue figures were reviewed from the years 1999 to 2018. Federal forest receipts (payment in lieu of tax) PILT were reviewed from the years 2008 to 2018 the funding was used for general fund, Road and forestry programs. Deschutes County was a largest recipient of PILT funding in the state. County Health Benefits Trust includes the pharmacy, health risk assessment, and on-site clinic. Mr. Lowry reviewed the status of the Finance/Human Resources software project. Deschutes County went live July 1 this year on all of the financials. Mr. Lowry explained the process of the new financial systems for vouchers and payments. The Human Resources and Payroll will move from paper time sheets to an electronic system. The process began in October and is running the paper time sheets and electronic system parallel until the system is working smoothly. This phase has been delayed until possibly October 2018. The 2018/2019 Budget Assumptions were reviewed including general fund transfers, general fund department, cost of living adjustments, union contracts, health premiums to departments, and assessed value increase. Internal Service Funds Allocations for fiscal year 2019 will see no significant changes, other than a possible new payroll position in Finance. PERS Employer rates for fiscal year 2018. A strategy is being considered to lower rising PERS rates charges to departments. The estimated rate increases were projected for the next seven years. PERS costs and contributions discussion was held. Mr. Lowry mentioned the possible option of pension bonds or cash contributions to PERS allowing for potential higher earnings by PERS. Pension bonds are taxable. This concept would provide relief to departments. A ten minute recess was taken at 3:33 p.m. Classification and Compensation Update: Kathleen Hinman, Human Resources Director presented. The study was completed on 1,091 employees and impacted 682 employees in the non -represented and AFSCME groups. Work was done with the steering committee, consulting group, and the Board. Implementation of the plan will move each affected employee to a new pay system without loss of pay effective January 1, 2018. If we wouldn't have implemented the 5% increase and would have done nothing with the plan, then in 2019 there may be a 2.5% increase and 2020 there would be a 5% increase. Discussion on private sector and unable to compare with our positions. Out of benchmark positions 44 met market average, 18 that were above and 14 that were below. 5% above market is relation to the salaries. The article in the paper doesn't explain the goal of the study. The study was to analyze the structure of classification and job descriptions. Chair Barrett expresses the need to get that goal out to the public to clarify the needs of the study as the article was unclear. Commissioner DeBone noted this study took a while and advocates for the continuity of the organization and suggests in the Minutes of Budget Committee Meeting December 19, 2017 Page 2 of 3 future let's try to get ahead of this. Possibly there needs to be a system to keep track. Job descriptions will need routine review. Commissioner Henderson noted the importance of the Budget Committee to know this and raising salaries seems to be a question and would hope for more creativity for hiring. During union negotiations, there was an understanding of the study. County Administrator Anderson reviewed the Department Budget Issues for fiscal year 2017- 2018. Unique issues for the following departments were reviewed: Sheriff's Office, District Attorney's Office, County Clerk's Office, Veteran's Services, Health Services, Solid Waste, Fair & Expo, Road Department, and Community Development. Other areas reported on were OSU Extension requesting a business loan for a new building and Mr. Kropp reported on the loan request; Cohesive Strategy Coordinator position request from Senior Advisor Joe Stutler proposed to be shared with five counties and not have Deschutes County as sole source; and Marijuana Tax Proceeds from the state based on number of authorized marijuana production facilities which will need to be discussed. The budget hearing will be held following Memorial Day for four days. Each department will come in for presentations. To prepare for the discussions, Mr. Maier requested information on the Sober Station plans. Commissioner Baney asks for staffing projections and how to manage PERS. Commissioner Henderson requests information on road improvement projects and if there are opportunities for improvement without state funding. Chair Barrett inquired on the Solid Waste management plan and concerns of the future of the landfill. Commissioner DeBone presented Bill Anderson with his appointment letter. ADJOURN: There being no further discussion, the meeting was adjourned at 4:52 p.m. DATED this Day County Board of Commissioners. ATTEST: ecording Sec etary 20L&for the Deschutes Tammy Bahl Chaif,3017 Anthony DeBone, Vice Chair, 2017 Philip G. He Verson, Commissioner Minutes of Budget Committee Meeting December 19, 2017 Page 3 of 3 Deschutes County Budget Committee Meeting December 19, 2017 1:30 p.m. — 4:00 p.m. 1) Opening Comments — Tom Anderson 2) County Financial Update — Wayne Lowry a) A/V & Property Taxes b) Development Activity c) Room Tax d) Forest/PILT e) Health Benefits Trust 3) Financial Issue Status — Wayne Lowry a) Finance HR Software Project b) Refinancing Federal Changes 4) Budget Assumptions for 2018/19 — Wayne Lowry a) General Fund Support b) Cost of Living c) Health Insurance Rates d) Assessed Value — Countywide e) PERS Rates and Reserve Strategy f) Class and Comp g) Internal Services 5) Status of Budget Issues by Department — Tom Anderson, Erik Kropp 6) Departmental Presentation Format 7) Budget Calendar 8) Other r r � 001 eii� FY 2017-18 BUDGET COMMITTEE MID -YEAR REPORT Department Budget Issues • Sheriff's Office o Sober Station, Tax Rates, Overtime • District Attorney o Medical Examiner Resolution • County Clerk—Affordable Housing Recording Proposal • Veteran's Services — Additional State Funds $65,283 — Technology, Outreach and Advertising • Health Services o CCBHC — Certified Community Behavioral Health Clinic Grant Application, Public Health Modernization o Federal Funding Health Provider Assessment—Jan 2018 Vote (Medicaid) • Solid Waste o Strategic Planning • Fair & Expo Center o Land Expansion/Long Range Visioning • Road Department o Revised Long Term Road CIP • Community Development o Reserve Policy, Marijuana Enforcement • Other o OSU Extension Building Loan o Cohesive Strategy Coordinator o Marijuana Tax Proceeds No Significant Issues A County Assessor's Office ➢ BOCC/Administrative Services ➢ Finance ➢ Human Resources ➢ Community Justice ➢ Facilities ➢ Justice Court ➢ Information Technology ➢ 911 ➢ Legal Deschutes County Budget Committee Update December 19, 2017 County Financial Update • Financial Activity • Status of Selected Financial Issues • Budget Assumptions for 2018/19 • PERS Costs/Reserve Fund Assessed Value 45,000,000 ---- 40,000,000 35,000,000 30,000,000- - —--— --- 25,000,000 20,000,000 15,000,000---_- 10,000,000 5,000,000 - 0 - �- 07 08 09 10 11 12 13 14 15 16 17 18 Countywide —Sheriff Unincorp —Countywide Market Value 12/18/2017 1 Deschutes County Tax Levies Levy Authorized Levy Revenue Rate Rate Estimate FY2018 Countywide Levies County Permanent Rate 1.28 1.25 27,129,528 !County Library .55 .55 11,913,8891 Countrywide Law E / ent 1.25 102 22,045,228 County Extension/4M .022 .022 485,553 9-1-1 .425 .368 7,926,725 Total Countywide Levies 3.527 3.17 69,500,923 Additional Levies Rural Law Enforcement — Sheriff 1 _55 1.40 9,916,642 5 e be fce0n I Polt d l 345 331 453/0161 -BI ck OtAre—RaI C t ct Pile -_ i_ kB t ft hSe DI tktL IOpt n - k } 1 05 55 It 05 T78_5 _ 3 _t'J J Total Addital Levre. T 15,436,2201 Property Taxes 30,000,000 25,000,000 20,000,000 15,000,000 10,000,000 5,000,000 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 —General —LED #1 —LED 92 —9-1-1 Development Revenues 3,500,000 3,000,000 2,500,000-_.. ...---._...---.....- -- - --- --_. ._----_--- ------ 2,000,000 Ir- _. -- ---------------_-._ - -- _ -- - 1,500,000 It 1,000,000!--__.-----__- 500,000 -=-_.--. _._------ ----------- --- -- ___. 0 — S S o 0 —Building —Planning —Electrical —Environmental N N ry 12/18/2017 4 12/18/2017 Room Tax Room Tax Revenue 8000000 7000000. 6000000. 5000000._. 4000000._.. 3000000 2000000 1000000 0 - o a —Room Tax Revenue Federal Forest Receipts PILT 2,500,000 2,000,000':.-_-_-----_ 1,500,000 —PILT 1,000,000 500,000 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 County Health Benefits Trust 20000000 18000000. 16000000 14000000 12000000 10000000 8000000 - -- 6000000 4000000 2000000 0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 —Ending Balance --Claims Finance/HR Software Project • Tyler - Munis Financials (Phase 1) - Project Completed for Financials including GL, AP, AR, GB, Contracts, Purchasing, FA, Cash, Projects - Remaining functions- Room Tax, Employee Expense Reimbursement, CAM Builder • HR Payroll (Phase 2) —Tyler— MUNIS Payroll — NOVAtime Timekeeping — Project Timeline likely October 2018 2018/19 Budget Assumptions • General Fund Transfers --assume FY 2019 general fund transfer will be similar to the FY 2018 transfer but no more than is necessary to maintain current service levels. • General Fund Departments -...departments that rely on General Fund revenues for their base funding should also assume that available funding will be similar to the FY 2018 level recognizing that there will be roll up costs. 2018/19 Budget Assumptions • COLA —12 mo through November 2017 2.2% Starting with 2.2% in FY 2019 Budget • Contracts to be Negotiated — Road/Solid Waste — June 30, 2018 — FOPPO -June 30, 2018 • Health Premium to Depts $19,384 0% increase — No charge for vacant positions/spouses • Assessed Value Increase - preliminary 5.5% 12/18/2017 4 Internal Service Funds Allocations for FY 2019 • Similar allocation methods to FY 2018 • No significant additions to costs anticipated. • Projects being charged out to departments — Finance H/R Software project funded by GF charged back to departments over 7 years - $1,800,000 — HR Class and Comp Study - $100,000 • FY 2019 will be year four. PERS Employer Rates FY 2018 16.601. 19.91% 21.23% 24000 2S OW. 32.0^% 23.44% 23.18% 25.10% 29.48?6 11,11 31.485'x. .. 14.52% 14.53% 15.85% 17.54% 21.51% 25.54% Drawdown of PERS Reserve Fund 2017/18 14,528,538 2,000,000 1,043,000 14,SOS,833 2018/19 15,208,525 2,000,000 475,000 16,265,062 2019/20 19,015,925 1,500,000 2,890,000 15,165,178 2020/21 19,961,017 1,000,000 2,300,000 14,271,805 2021/22 24,316,293 500,000 4,980,000 10,246,760 2022/23 25,522,323 0 4,350,000 6,396,273 2023724 26,787,878 0 3,750,000 2,826,273 Total 145,340,499 7,000,000 19,608,000 12/18/2017 5 PERS Costs Questions/Discussion 12/18/2017 2 0 0 o O Lq � N (D N ti O ® tP0 P O O Cl) O O m N O O `t O O 00 Cl) O C CO C O M O O LO M O 0) N 0 00000LO V 0) ', 0 't O P O 0) O N 6 N OCT N N co OO 0) P (& 169 oZ CO o,� m m m ami CC)¢ 0 c �� oUt—rom a a) a) �Ui-�ti� lo - 2 0 0 0 0 0 0 0 169 0 0 0 O O In w O 0 1101 V), CO O {Q N N P P O O N O P 9 C O m L LO It O (O O C C a) � a9 E N w E O 0w0 It � 14 CD d dN E E N L N 7 en EA r O 0 � @ , U a - aLo Z N >+ O N M a) O in p C A 7 c V -7 ii m I- c E O d � d U V O. i+ E o E m mN O .. 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Purchase Maturity Days To Ratings, Coupon Par Market Book Call CUSIP Security -.Broker Date Date Maturity S&P'Moody's Rate YTM 365 Value Value Value Date 427542KW4 Hermiston OR DA DAV 9/21/2016 12/1/2017 OAA- 2.000 0.901 590,000 590,000' 590,000' - - 494751 DH0 King County Washington FPD PJ 12/15/2015' 12/1/2017 0 AA+ 1.220 1.2-18:_230.000 230,0001 230,000 3696045BC6 General Electric - Corporate N ,CASTLE 9/6/2016, 12/6/2017 5 AA+ Al 5.250 1.050 1,000,000 1,000,220, 1,000,578 - - SYS10520 Lewis & Clark Bank 6/8/2016'.. 12/8/2017.. 7 1 000', 1.000 240,000, 240,000' 240,000 - - 880591CU4 - Tennessee Valley Authority CASTLE 12/1/2016; -_ 12/15/2017 14 AA+ 6.250 1_.011 1,000,000+ 1,001,940 - 1,002,021, - - 88059FAZ4 Tennessee Valley Authority CASTLE 11/21/2014', 12/15/2017 14 AA+ 1.205 1.268 1,059,000 1,058,396.. 1058,504 - - 740189AK1 -- Precision Castparts Corp- CASTLE - 12/13/2016, 1/15/2018 - - 45 AA- A2 1.250 1.318 , 1,250,000 1,249,700, - , 1 249,896 - - 949748FG0 Wells Fargo Corporate Note CASTLE 12/9/2016' 1/16/2018 46.A A2 1.500 1.601 2,000,000 1,999,700', 1,999,751 - - 94988J5A1 Wells Fargo Corporate Note CASTLE 1129/2016' 1/22/2018 52 'Aa2 1.650' 1.580 1,000,000, 999,940 1,000,097 - - 92976WBH8 Wachovia Corp CASTLE 2/26/2016 2/1/2018 621A A2 5.750, 1.6901 1,000,000 1,006,510! 1,006,628' - - 31771EAL5 FICO Stri CASTLE 2/24/2015. 2/8/2018, 69 1.252, 1.318 1,260,000 1,256,488 1,256,975 31771EAL5 FICO Strip CASTLE 2/25/2015, 2/8/2018 69 1257 1.323 740,000 737,935 738,216 - - 3134G8M71 Federal Home Loan Mtq CorpCASTLE 2/26/2016'. 2/26/2018 87 AA+ 1.050 1.050 3,000,000 2,998,050 3,000 000 - - 68607VA96 Oregon State Lottery DA DAV 6/13/2016', 4/1/2018 121 AAA AA2 1.353' 0.970 200,000' 199,888 200,252 - - 68607VA96 Oregon State Lottery DA DAV 11/27/2017 4/1/2018 121 AAA AA2 1.353 1.500 250,000 249,860 249,874 - - 842434CD2 Southern CA Gas Cc CASTLE 4/10/2017, 4/15/2018' 135 A+ Aa2 5.450 1.473' 1,000,000 1,013,800 1,014,6371 - 913366HS2 University of California CASTLE 1 3/21/2017 5/15/2018 165,AA- ,Aa3 0.936 1.351 3,000,000 2,991,060 2,994,391 912828XA3 _ U.S. Treasury PJ 11/30/2016 5/15/2018 165 AA+ Aaa 1.000 1.000 2,000,000. 1,996,100, 2,000,000 - - 3135GOXD0 Federal National Mtg Assn CASTLE 1/4/2017, 5/21/2018 171 AA+ Aaa 1.000 1.250 500,000. 498,740 500,000, 2/21/2018 3130A87B3 Federal Home Loan Bank VINISP 12/6/2016' 5/30/2018 180 AA+ Aaa 1.000 1.141' 1,500,000, 1,496,0851 1,500,000' - - 06050TMC3 Bank of America - Corporate CASTLE 5/9/2017 6/5/2018 186 A+ Al 1.750 1.540 1,000,000 1,000,100, 1,001,058 - - 3132XOLRO Federal Agriculture Mtg Corp PJ 12/8/2016: 6/8/2018 189 1.100 1.100 2,000,000 1,997,000 2,000,000 - - 904121 NCO Umatilla School District PJ 5/7/2015' 6/15/2018 196 AA+ 1.430 1.430 750,000 747,848 750,000, 98385XAP1 XTO Energy Inc CASTLE - 8/4/2015': 6/15/2018 196 AAA Aaa 5.500 1.500 1,000,000 1,019,890 1,021,018 - - 10592 Washington Federal CD 5/22/2017' 6/22/2018', 203, 0.900 0.913', 243,6431 243,643' 243,643 - - 166764AE0 Chevron Corp CASTLE 4115/2016, 6/24/2018 205 AA- Aa2 1.718 1.191 2,000,000 2,000,360 2,005,846 5/24/2018 166764AEO 'Chevron Corp CASTLE 10/11/2016', 6/24/2018 205 AA- Aa2 1,718 1.259 1,000,000 1,000,180' 1,002,285 - - 939307HF4 Hillsboro SD Pension Bonds PJ 3130/2015' 6/30/2018 211 Aa3 1.732 1.650 985,000 984,517 985,452 - - 938429M46 Washington County SD Municipal PJ 9/6/2016 6/30/2018, 211 Aa3 1.585 0.999 250,000 249,795 250,839 3135GOL43 Federal National Mtg Assn :CASTLE 12/13/2016 7/13/2018 224 AA+ Aaa 0.850 1.221_ 1,000,000 995,130', 1,000,000 1/13/2018 88059EMT8 Tennessee Valley Authority DA DAV 2/22/2016, 7/15/2018 226 1.021 1.065 500,000 494,525._ 496,795 - - _ 3133EGNU5 Federal Farm Credit Bank CASTLE 8/1/2016 7/27/2018 238 AA+ Aaa 0.960. 0.960: 1,000,000.. 996,070, 1,000,000 - - 3134G9Q67 Federal Home Loan Mtg Corp CASTLE 7/27/2016, 7/27/2018 238 AA+ Aaa 1.050 1.050 3,000,000 2,987,580 _ 3,000,000 1/27/2018 934876AGO Port of Newport OR Lease DA DAV 3/27/2017' 8/1/2018' 243 AA 4.5001 1.450' 610,000, 620,291', 622,232 - - 842400FJ7 Southern Cal Edison CASTLE 5126/2017 8/15/2018 257 A Aa3 5.500 1.520 2,000,000 2,050,900 2,055,406 - - 65371AU2 Oceanside California Pension CASTLE 1/27/2017' 8/15/2018 257 AA 2.298 1.551 1,850,000 1,857,086 1,859,600 - - 544351KM0 Los Angeles Calif Go Ref_Bds PJ 12/21/2016; 9/1/2018 274 AA2 1.210 1.209 1,000,000 995,750 _- 1,OOQ000 3134GAKF0 Federal Home Loan Mtg Corp CASTLE 10/18/2016 9/12/2018 285 AA+ Aaa 1.110 1.110 3,000,000 2,990,010 3,000,000 12/12/2017 3134G8UN7 Federal Home Loan Mtg Corp CASTLE 3/30/2016!, 9/28/2018 301 AA+ Aaa 1.200 1.200 2,000,000 1,991,800 2,000,000 12/28/2017 3134G9YA9 Federal Home Loan Mtg Corp CASTLE 6/28/2016 9/28/2018 301 AA+ Aaa 1.010 1.000 2,520,000 2,507,980 2,520,000 12/28/2017 3134GAND3 Federal Home Loan Mtg Corp CASTLE 9/28/2018 301 AA+ Aaa 1.050 1.050 4,000,000 3,980,440 4,000,000 - - 3133EFJP3 Federal Farm Credit Bank _ CASTLE _9/28/2016 11/412016 10/15/2018 318 AA+ Aaa 1.100 1.100 5,000,000 4,971,250, 5,000,000 - 3136G2PZ4 Federal National Mlg Assn CASTLE 5/22/2017:. 10/29/2018 332 AA+ Aaa 1.190 1.340 5,000,000 4,972,6501 5,000,000 1/29/2018 912828WD8 U.S. Treasury - ;CASTLE - 12/1/2015; 10/31/2018 _334 AAA Aaa 1.250 1.223, 1,000,000 996,210, 1,000,245. - - 912828T83 - U.S. Treasury _ ,CASTLE 12/14/2016' 10/31/2018 334 AAA ',Aaa 0.750 1.155 3,000,000 2,975,280, 2,989,045 - - 31771KAJ6 FICO Strip CASTLE 9/28/2017 11/2/2018' 336 1.460, 1.520', 5,000,000, 4,919,9001 4,931,863 - - 427542KX2 7Hermiston OR DA DAV 9121/2016' 12/1/2018 365 AA- 3.000', 1.001', 605,000' 614,136' 616,935 - - 06050TME9 BankofAmerica- Corporate CASTLE 5/16/20171 12/7/2018 371.A+ 'Al 2.050 1.700 3,180,000 3184,675' 3,191,099 - - 31771EAN1 FICO Strip CASTLE 11/312016 12/27/2018 391 0.984 1.025 1,000,000 979,890' 989,312 - - 912828A75 U.S. Treasury CASTLE 6/8/2015 12/31/2018 395 AAA ,Aaa 1.500 1.324 1,000,000 997,810 1,001,849 - - 3132XONJ6 Federal Agriculture Mtg Corp CASTLE 5/1/2017' 1/23/2019 418 1.270. 1.400 3,000,000 2,988,480 2,995,589 - - 20271RAF7 Commonwealth BK Austr NY CASTLE 9/18/2017 3/13/20191 467 AA- 'Aa3 2.250 1.720' 2,600,000 2,605,850 2,617,378 - - 68607VS71 Oregon State Lottery CASTLE 4/5/2017' 4/1/2019 486 Aa2 1.602 1.581 1,000,000 995,800, 1,000,282 - - 459058FC2 International Bonds for Recons CASTLE 12/15/2016' 4/26/2019 511 AAA Aaa 1.250 1.500 2,000,000 1,983,540 2,000,000 - - 06406HBM0 Bank of New York Mellon Corp CASTLE 11/15/2017 5/15/2019 530 A Al 5.450 1.950 1,000,000 1,047,560 1,049,964 - - 250351FJ7 Deschutes County Ore Sch Dist PJ 8/16/2016.. 6/15/2019 561 AA1 1.360 1.360 245,000 241,808', 245,000 - - 938429R66 Washington County SO Municipal PJ 5/11/2017, 6/15/2019 561 AA+ 'Aal 1.488 1.488 400,000 397,404'-- 400,000 - - 3137EAB1 Federal Home Loan Mtg Corp CASTLE : 7/20/2016 7/19/2019' 595 AA+ Aaa 0.875' 0.957' 1,000,000' 984,860' 998,681' - - 13034PZD2 CALIFORNIA ST HOUSING FINAN CASTLE 11/2/2017 8/1/2019 608 AA- Al 1.952 1.850 1,070,000 1,068,128 1,071,766 - - 3135GON33 Federal National Mtq Assn_ CASTLE 8/18/2016 8/212019 609 AA+ Aaa 0.875:__ 1.000 1,000,000 984,620 997,944 - - 06406HCW7 Bank of New York Mellon Corp CASTLE 11/3/2016 9/11/2019 649 A Al 2.300 1.532 1,675,000, 1,680,343 1,696,868 8/11/2019 48125LRJ3 JPMorgan Chase - Corporate N - CASTLE 4/10/2017; 9/23/2019 661 A+ Aa3 1.918 1.6171 3,000 000 3,022,530 3,016,212 8/23/2019 48125LRG9 !JPMorganChase- CorporateN CASTLE 6/28/2017 9/23/2019 661:A+ Aa3 1.650 1.840 1,300,000, 1,291,628.. 1,295,660 8/23/2019 313586RC5 Federal National Mtg Assn CASTLE 12/4/2015, 10/9/2019 677 AA- 1.891-': 2.031 1,400,000 1,347,948, 1,350,215 - - 313586RC5 i Federal National Mtg Assn CASTLE 3/17/2016, 10/9/2019 677 AA- 1.665 1.774 600,000 577,692 581,214 - - 313586RC5 Federal National Mtg Assn CASTLE 8/8/2016 10/9/2019 677 AA- 1.252' 1.318 400,000 385,128' 390,582 - - 313586RC5 Federal National Mtg Assn CASTLE 11/22/2017 10/9/2019 677 AA- 1.928 2.030 3,600,000 3,466,152 3,469,471 - - 76116FAA5 RFSCP STRIP PRIN CASTLE 9/21/2017 10/15/2019 683 1.499. 1.572 1,000,0001 965,190 971,566'1 - 3135GOR39 Federal National Mtg Assn CASTLE 11/10/2016, 10/24/2019, 692 AA+ Aaa 1.000 1.173 2,000,000 1,968,220 1,993,581 - - 9128281`62 U.S. Treasury ;CASTLE 10/11/2016 10/31/2019 699 AAA Aaa 1.500+ 1.008 2,000,000 1,988900. 2,018,513 - - 961214BK8 Westpac CASTLE 8/30/2017 11/19/2019 718 AA- 4.875 1.826 2,000,000 2,100,320._ 2,116,966, - - 594918AY0 Microsoft Corp CASTLE , 818/2016. 2/12/2020 803 AAA •'Aa3 Aaa 1.850 1_.298 1,000,000 996,010 1,011,827 1/12/2020 - 13063CSQ4 -- California St VINISP 9/21/2017: - 4/1/2020 852 AA- Aa3 1.800, 1.800 - 780,000 775,414; - - 780,000 - - 3134GBNK4 Federal Home Loan Mtg Corp CASTLE 7/13/2017 5/29/2020. 910 !Aaa 1.625 1.671 3,000,000, 2,976,360, 2,996,896. 5/29/2019 569203MA7 Salem-Keizer School District CASTLE - 7/26/2017. -2,310,000,-2,302,100 6/30/2020 942 Aa2 2.107 1.778 2,328,894 - - 686053DH9 Oregon School Boards Assoc g DA DAV _ 11/2/2015 6/30/2020 942 AA Aa2 _5.373 2.050 875,000 942,576 946,197 - - 686053DH9 Oregon School Boards Assoc _ CASTLE 6/24/2016 6/30/2020 942 AA ;Aa2 5.373 1.570 500,000 - 538,615 547,372 - -- 686053CK3 -- - Oregon School Boards Assoc - CASTLE _ - 3/15/20171 6/30/2020, - 942 AA- Aa2 2.063 -- -2.149 1,000,000 938,940 946,769 94974BGM6 Wells Fargo Corporate Note PJ 1/1912017. ; 7/22/2020, 964:A A2 2.600 2.350 1,000,000 1,006,460 1,006,302 - - 940093R25 Washington Univ Higher Ed PJ 1/19/201 10/1/2020 1035, :Aa2 5.930• 1_.970 400,000 440,300, 443,067 492244DV7 Kern Community College CASTLE 11/1512016, 11/1/2020 1066 AA 2.893 1.800 500,000 509,030 515,316 - - 3136G4NN9 Federal National Mtg Assn CASTLE 10/18/2017 5/24/2021 1270 AA+ Aaa 2.000. 2.000 - 1,080,000 - 1,073,758 _- 1,08Q000 2/24/2018 _ _ - Local Govt Investment Pool _ 1.550 1.550 62,280,194 62,280,194, 62,280,194 - - BankoftheCascades 1.550 1.550 6,662,195 6,662,1951 6,662,195 - - - 192,990,0321 192 671 155' 193,188,825 GENERALFUND Schedule of Financial Operating Data a) Historically, 91 % of the current year taxes are received by the end of November. b) Includes $500,000 PILT c) A & T Grant received quarterly. Q1 received July; Q2 received October d) Projected to be less than budgeted due to YTD unfilled positions. Page 1 Year to Date July 1, 2017 through FY 2017 November 30, 2017 FY 2018 (42% of the year) ofIIActual Actual Budget Budget Projected Variance Revenues Property Taxes - Current $ 25,816,331 $ 24,455,658 93% a) $ 26,296,000 26,296,000 - Property Taxes - Prior 465,085 299,588 86% 350,000 350,000 - Other General Revenues 2,499,968 1,942,590 83% b) 2,345,822 2,345,822 - Assessor 860,861 463,195 55% c) 848,867 848,867 - County Clerk 1,952,209 713,746 38% 1,896,945 1,896,945 - BOPTA 12,546 7,139 57% c) 12,480 12,480 - District Attorney 253,480 1,223 1% 187,400 187,400 - Tax Office 196,203 119,058 61% c) 196,200 196,200 - Veterans 96,889 40,556 25% 162,223 162,223 - Property Management 94,500 7,250 7% 97,000 97,000 - Total Revenues 32,248,072 28,050,002.17 87% 32,392,937 32,392,937 - Expenditures Assessor 3,993,958 1,722,083 40% 4,291,041 4,291,041 - County Clerk 1,684,783 456,247 25% 1,820,344 1,795,344 25,000 BOPTA 65,175 28,786 42% 68,138 68,138 - District Attorney 6,095,393 2,601,721 39% d) 6,701,724 6,601,724 100,000 Medical Examiner 146,817 51,561 30% 172,184 172,184 - Tax Office 785,346 345,841 41% 849,312 849,312 - Veterans 403,775 176,239 36% 492,630 492,630 - Property Management 247,568 103,237 37% 276,097 276,097 - Non -Departmental 1,268,363 446,694 34% 1,328,089 1,328,089 - Total Expenditures 14,691,178 5,932,410 37% 15,999,559 15,874,559 125,000 Transfers Out 17,856,310 6,269,886 36% 17,445,890 17,445,890 - Total Exp & Transfers 32,547,489 12,202,296.08 36% 33,445,449 33,320,449 125,000 Change in Fund Balance (299,416) 15,847,706 (1,052,512) (927,512) 125,000 Beginning Fund Balance 11,217,374 10,917,957 109% 10,000,000 10,917,957 917,957 Ending Fund Balance $ 10,917,957 1 $ 26,765,664 $ 8,947,488 $ 9,990,445 $1,042,957 a) Historically, 91 % of the current year taxes are received by the end of November. b) Includes $500,000 PILT c) A & T Grant received quarterly. Q1 received July; Q2 received October d) Projected to be less than budgeted due to YTD unfilled positions. Page 1 Revenues OYA Basic & Diversion ODE Juvenile Crime Prev Leases Inmate/Prisoner Housing DOC Unif Crime Fee/HB2712 Food Subsidy Gen Fund -Crime Prevention Interest on Investments OJD Court Fac/Sec SB 1065 Contract Payments Case Supervision Fee Miscellaneous Total Revenues Expenditures Personnel Services Materials and Services Transfers Out-Veh Reserve Total Expenditures COMM JUSTICE -JUVENILE Schedule of Financial Operating Data 355,586 86,497 84,121 74,700 36,045 18,744 20,000 17,512 18,438 10,920 5,964 3,170 731,697 5,005,247 1,204,317 44,000 6,253,564 FY 2018 Projected I Variance $ - Year to Date July 1, a) 2017 through FY 2017 $ 61,067 21,137 November 30, 2017 a) (42% of the year) 91,379 19,397 % of -Budget Actual Actual 85,000 355,586 86,497 84,121 74,700 36,045 18,744 20,000 17,512 18,438 10,920 5,964 3,170 731,697 5,005,247 1,204,317 44,000 6,253,564 FY 2018 Projected I Variance $ - 0% a) $ 346,046 $ 407,113 $ 61,067 21,137 29% a) 71,982 91,379 19,397 35,893 42% b) 85,000 77,000 (8,000) 29,250 53% c) 55,000 60,000 5,000 17,747 48% d) Internal grant funded quarterly. 36,658 36,658 - 7,898 39% 20,000 20,000 - 5,000 25% d) 20,000 20,000 - 7,862 52% 15,000 16,000 1,000 8,054 47% c) 17,000 21,600 4,600 2,864 36% 8,000 8,000 - 2,592 43% c) 6,000 7,000 1,000 2,155 117% 1,850 3,000 1,150 140,452 21% 682,536 767,750 85,214 2,130,478 40% e) 5,313,863 5,100,000 213,863 485,612 41% 1,198, 996 1,198, 996 - 17,250 25% f) 69,000 69,000 - 2,633,340 40% 6,581,859 6,367,996 213,863 Revenues less Expenditures (5,521,867) (2,492,888) (5,899,323) (5,600,246) 299,077 Transfers In -General Fund 5,464,591 2,332,351 42% 5,597,643 5,597,643 - Change in Fund Balance (57,276) (160,537) (301,680) (2,603) 299,077 Beginning Fund Balance 1,415,374 1,358,098 113% Ending Fund Balance $ 1,358,098 $1,197,561 1,200,000 1,358,098 158,098 $ 898,320 $ 1,355,495 $ 457,175 ) a) Reimbursement payment received quarterly. 1 st quarter received/requested. Grant was increased by legislature subsequent to budget adoption. b) Less than budgeted lease revenue c) Inmate housing trending at greater than budgeted. d) Internal grant funded quarterly. e) Projection decreased due to staff vacancies in Q1 and new hires who started at a lower salary step range in beginning of fiscal year. f) Includes vehicle repair and maintenance costs. Page 2 Sheriffs Office and LEDs Schedule of Financial Operating Data FY 2018 Budget I Projected I Variance REVENUES Year to Date July 1, 2017 through FY 2017 November 30, 2017 42% of the ear LED #1 Countywide Of Actual Actual Bud et FY 2018 Budget I Projected I Variance REVENUES LED #1 Countywide Property Taxes Current Year $ 21,137,803 $ 20,500,654 93% a) $ 22,045,228 $ 22,045,228 $ Prior Year 308,837 215,041 54% 400,000 400,000 - Interest 110,368 32,995 41% 80,000 80,000 - Total LED #1 Countywide 21,557,009 20,748,690 92% 22,525,228 22,525,228 - LED #2 Rural Property Taxes Current Year 9,474,144 9,183,208 93% a) 9,916,642 9,916,642 - Prior Year 141,704 97,532 53% 185,000 185,000 - Interest 90,261 34,079 56% 61,300 61,300 - Total LED #2 Rural 9,706,109 9,314,819 92% 10,162,942 10,162,942 - Sheriff's Office Revenues 8,249,855 2,952,857 40% e) f) 7,386,585 7,444,585 58,000 Total Revenues 39,512,973 33,016,366 82% 40,074,755 40,132,755 58,000 EXPENDITURES Sheriffs Services 2,386,420 1,108,482 42% b) 2,639,355 2,750,737 (111,382) Civil/Special Units 1,117,489 590,046 42% b) 1,402,554 1,303,939 98,615 Automotive/Communications 2,601,537 808,650 33% 2,481,701 2,481,701 - Detective 1,796,143 813,203 41% 1,995,351 1,995,351 - Patrol 8,822,794 3,903,568 40% h) 9,724,673 9,715,876 8,797 Records 695,956 267,964 35% d) 761,258 806,258 (45,000) Adult Jail 16,236,326 6,976,083 40% i) 17,488,887 17,644,400 (155,513) Court Security 270,173 190,069 46% c) 410,659 359,100 51,559 Emergency Services 284,009 152,438 40% e) 379,092 387,092 (8,000) Special Services 1,500,791 717,430 46% f) 1,543,848 1,611,348 (67,500) Training 590,962 305,556 47% g) 654,646 667,246 (12,600) Other Law Enforcement Services 904,547 342,033 37% c) 935,144 928,544 6,600 Crisis Stabilization Center - 20,160 4% 558,424 558,424 - Non -Departmental 112,846 865 42% 2,077 2,077 - Total Expenditures 37,319,993 16,196,546 40% 40,977,669 41,212,093 (234,424) Revenues less Expenditures 2,192,980 16,819,820 (902,914) (1,079,338) (176,424) Beginning Balance 11,225,692 13,418,672 121% 11,113,000 13,418,672 2,305,672 Ending Balance $13,418,672 $ 30,238,493 $10,210,086 $12,339,334 $ 2,129,248 a) Historically, 91 % of the current year taxes are received by the end of November. b) $25,000 contribution to suicide/substance abuse hotline. Open Civil Tech position in Civil/Special Units division reclassified as HR Analyst in Sheriff Services division c) Unfilled FTE. Overtime is expected to exceed budget. d) Open Records Admin Supervisor position will be converted to a Sergeant position. e) Projection includes $8,000 reimbursement for Solar Eclipse expenditures. f) Grant of $50,000 for purchase of $67,500 boat. g) Projection increased due to an unbudgeted rifle purchase. h) Projection includes unfilled FTE, increase in overtime, increased expenditures related to new K-9, and cost savings on web licensing. Anticipated overtime makes up 56% of adjusted projection expenditures. i) Projection includes unfilled FTE, increase in overtime, increase in medical expenses for one inmate, and increase in miscellaneous M&S expenditures. Anticipated overtime makes up 79% of adjusted projection expenditures. Page 3 Revenues State Grants OHP Capitation Administrative Fee Environmental Health Fees State - OMAP Federal Grants Patient Fees Local Grants Local Government payments Title 19 State Shared -Family Planning State Miscellaneous Liquor Revenue Divorce Filing Fees Interfund Contract -Gen Fund Vital Records Interest on Investments Other Total Revenues Expenditures Personnel Services Materials and Services Capital Outlay Transfers Out Total Expenditures Revenues less Expenditures Transfers In -General Fund Change in Fund Balance Beginning Fund Balance Ending Fund Balance HEALTH SERVICES Schedule of Financial Operating Data $ 13,186,170 9,950,347 1,143,411 909,870 938,760 574,848 335,616 1,846,627 510,428 602,998 166,903 206,999 156,399 157,603 127,000 260,545 99,844 386,400 31,560,767 24,133,045 10,989,018 135,653 445,740 35,703,456 (4,142, 689) 4,684,193 541,504 7,688,209 $ 4,974,099 3,431,900 538,500 112,393 449,472 102,455 206,399 324,059 467,313 45,186 101,242 17,870 131,745 75,485 41,599 226,732 11,246,451 32% a) f) 31% b) 42% 12% 43% 13% 57% 47% c) N/A 155% d) 23% 14% f) 12% 84% 0% 38% 29% 55% 33% FY 2018 Variance $ 15,473,337 $ 16,605,615 $ 1,132,278 11,044,000 Year to Date July 1, 2017 FY 2017 through November 30, 1,293,910 2017 (42% of the year) 964,397 965,081 % of Actual Actual Budget $ 13,186,170 9,950,347 1,143,411 909,870 938,760 574,848 335,616 1,846,627 510,428 602,998 166,903 206,999 156,399 157,603 127,000 260,545 99,844 386,400 31,560,767 24,133,045 10,989,018 135,653 445,740 35,703,456 (4,142, 689) 4,684,193 541,504 7,688,209 $ 4,974,099 3,431,900 538,500 112,393 449,472 102,455 206,399 324,059 467,313 45,186 101,242 17,870 131,745 75,485 41,599 226,732 11,246,451 32% a) f) 31% b) 42% 12% 43% 13% 57% 47% c) N/A 155% d) 23% 14% f) 12% 84% 0% 38% 29% 55% 33% FY 2018 Variance $ 15,473,337 $ 16,605,615 $ 1,132,278 11,044,000 8,834,900 (2,209,100) 1,293,910 1,293,910 - 964,397 965,081 684 1,037,735 1,052,550 14,815 789,575 639,585 (149,990) 364,370 521,545 157,175 696,496 974,810 278,314 302,170 1,204,000 901,830 200,000 200,000 - 744,753 769,087 24,334 151,000 151,000 - 157,603 131,745 (25,858) 127,000 127,000 - 198,000 181,600 (16,400) 145,000 105,000 (40,000) 413,083 424,526 11,443 34,102,429 34,181,954 79,525 11,212,635 39% e) 28,611,936 28,172,242 439,694 3,887,319 29% 13,189,523 13,270,270 (80,747) 33,109 3% 1,020,000 1,170,000 (150,000) 122,580 25% 490,320 490,320 - 15,255,643 35% 43,311,779 43,102,832 208,947 (4,009,192) (9,209,350) (8,920,878) 288,472 1,910,080 42% 4,584,193 4,584,193 - (2,099,112) (4,625,157) (4,336,685) 288,472 8,229,714 98% 8,434,473 8,229,714 (204,759) 6,130,602 $ 3,809,316 $ 3,893,029 $ 83,713 a) Collections from CCBHC exceeded the amount accrued at June 30, 2017. FY 17 revenue will be reported as FY 18 revenues. b) Projection based on FY 2017 collections and anticipated withholdings for panel providers. c) COHC grants - Diabetes Prevention and Prenatal Care. Not included in FY 2018 original budget. Supplemental budget pending. d) Title 19 revenue during the CCBHC demonstration project is projected to be reimbursed at a higher rate than previous years. e) Projections based on YTD unfilled positions and forecasted unfilled positions during the remainder of the year. f) Reclassification from State Grants to State Miscellaneous for presentation purposes. State Grant projection increased due to higher than anticipated receipts from CCBHC wraparound payment. This offsets the reclassification to State Miscellaneous. NOTE: Year-end projections for Health Service Programs are updated monthly. Projection amounts will fluctuate from month to month. Page 4 COMMUNITY DEVELOPMENT Schedule of Financial Operating Data Year to Date July 1, FY 2017 2017 through November 30, 2017 (42% of the year) % Of Actual Actual Budget FY 2018 Bud et Projected Tyariance Revenues 1,375,000 (162,814) 2,330,492 $2,167,678 zu5,wi 205,903 446,312 2,167,678 $ 2,613,990 132% 1,640,386 2,167,678 527,292 Admin -Operations $ 110,639 $ 47,680 47% $ 102,042 $ 109,742 $ 7,700 Admin -GIS 230 - 0% 150 150 - Admin -Code Enforcement 451,837 245,888 43% 565,544 571,544 6,000 Building Safety 2,903,075 1,253,374 43% 2,948,636 2,957,591 8,955 Electrical 745,810 326,897 44% 743,927 728,220 (15,707) Env Health -On Site Prog 678,469 311,425 46% 680,460 685,384 4,924 Planning -Current 1,530,513 721,902 45% 1,614,855 1,614,855 - Planning -Long Range 577,420 259,653 38% 682,919 682,919 - Total Revenues 6,997,994 3,166,820 43% 7,338,533 7,350,405 11,872 Expenditures (by division) Admin -Operations 1,750,586 804,658 39% a) 2,051,239 1,969,477 81,762 Admin -GIS 136,312 66,375 47% a) 141,439 137,038 4,401 Admin -Code Enforcement 357,992 163,550 36% a) 448,238 438,028 10,210 Building Safety 1,249,842 497,399 35% a) 1,433,852 1,370,931 62,921 Electrical 320,568 128,211 34% a) 374,974 363,474 11,500 Env Health -On Site Pgm 399,914 185,849 41% 456,234 456,234 - Planning -Current 1,179,944 541,899 39% a) 1,375,541 1,336,491 39,050 Planning -Long Range 390,649 126,665 27% a) 472,040 434,377 37,663 Total Expenditures 5,785,808 2,514,606 37% 6,753,557 6,506,050 247,507 Revenues less Expenditures 1,212,186 1 652,215 Transfers In/Out Out: CDD Reserve Funds1,311,000 Net Transfers In/Out Change in Fund Balance Beginning Fund Balance Ending Fund Balance 1,375,000 (162,814) 2,330,492 $2,167,678 zu5,wi 205,903 446,312 2,167,678 $ 2,613,990 a) Projection decreased due to year to date unfilled positions 584,976 844,355 259,379 25% (823,610) (823,610) - (823,610) (823,610) - (238,634) 20,745 259,379 132% 1,640,386 2,167,678 527,292 $ 1,401,752 $ 2,188,423 $786,671 Page 5 ROAD Schedule of Financial Operating Data FY 2018 Bud et Projected Variance Revenues Year to Date July 1, 2017 through FY 2017 November 30, 2017 $ 12,930,670 (42% of the year) 43% b) $13,260,000 $ of Actual Actual Budget FY 2018 Bud et Projected Variance Revenues Motor Vehicle Revenue $ 12,930,670 $ 5,678,683 43% b) $13,260,000 $ 14,300,000 $ 1,040,000 Federal - PILT Payment 1,323,365 1,574,248 97% a) 1,623,000 1,574,248 (48,752) Other Inter -fund Services 1,065,930 198,129 13% 1,501,525 1,501,525 - Federal Reimbursements - - 0% 955,549 955,549 - Cities-Bend/Red/Sis/La Pine 488,114 56,041 8% 710,000 710,000 - State Miscellaneous 593,969 57,269 9% 651,213 651,213 - Forest Receipts 381,533 - 0% 400,000 400,000 - Sale of Equip & Material 273,353 192,949 51% 381,900 381,900 - Mineral Lease Royalties 183,312 7,774 4% 175,000 175,000 - Assessment Payments (P&I) 87,079 17,170 20% 88,000 88,000 - Interest on Investments 112,444 45,756 51% 90,000 90,000 - Miscellaneous 50,391 23,605 57% 41,092 41,092 - Total Revenues 17,490,159 7,851,623 40% 19,877,279 20,868,527 991,248 Expenditures Personnel Services 5,877,065 2,467,709 40% 6,161,974 6,133,974 28,000 Materials and Services 8,903,281 3,174,992 23% c) 13,715,873 10,715,873 3,000,000 Capital Outlay 68,721 3,160 1% 228,000 228,000 - Total Expenditures 14,849,067 5,645,861 28% 20,105,847 17,077,847 3,028,000 Revenues less Expenditures 2,641,092 2,205,762 (228,568) 3,790,680 4,019,248 Payment from Solid Waste 362,453 - - - - - Transfers Out 9,067,643 3,000,000 50% (6,000,000) (6,000,000) - Total Transfers (8,705,190) (3,000,000) 50% (6,000,000) (6,000,000) - Change in Fund Balance (6,064,098) (794,238) (6,228,568) (2,209,320) 4,019,248 Beginning Fund Balance 14,840,939 8,776,841 101% 8,684,589 8,776,841 92,252 Ending Fund Balance $ 8,776,841 $ 7,982,603 $ 2,456,021 $ 6,567,521 $ 4,111,500 a) PILT payment received in July. b) Includes 4 -months of HB 2017 Revenue c) Projection decreased due to intention to hold $3.0 million in overlay reserve for future expenditures Page 6 ADULT PAROLE & PROBATION Schedule of Financial Operating Data Revenues Year to Date July 1, 1,768,583 2017 through FY 2017 November 30, 2017 105,860 (42% of the year) DOC Grant in Aid SB 1145 $ 3,650,168 % of Actual Actual Budget Revenues 4,097,354 1,768,583 40% e) 4,455,860 4,350,000 105,860 Materials and Services DOC Grant in Aid SB 1145 $ 3,650,168 $2,166,664 55% a) $3,940,708 $ 4,333,290 $ 392,582 CJC Justice Reinvestment 845,836 - 0% b) 699,506 757,735 58,229 DOC Measure 57 240,315 - 0% c) 234,315 233,900 (415) Electronic Monitoring Fee 133,292 53,990 32% (225,615) 170,000 155,000 (15,000) Probation Superv. Fees 209,708 76,962 37% 187,995 210,000 210,000 - DOC -Family Sentence Alt 110,797 114,683 N/A a) - 115,683 115,683 Interfund - Sheriff 50,000 20,833 42% 1,375,000 50,000 50,000 - Gen Fund/Crime Prevention 50,000 12,500 25% $ 2,090,567 50,000 50,000 - DOJ/Arrest Grant 46,736 11,684 106% 11,000 11,684 684 Alternate Incarceration 29,985 6,908 34% i) 20,035 6,908 (13,127) State Subsidy 16,367 8,168 52% a) 15,610 16,337 727 Interest on Investments 28,990 10,937 109% f) 10,000 20,000 10,000 Probation Work Crew Fees 5,958 668 11% d) 6,000 2,000 (4,000) State Miscellaneous - - 0% 4,300 4,300 - Miscellaneous 1,256 - 0% 500 500 - Total Revenues 5,419,408 1 2,483,998 46% 5,421,974 5,967,337 545,363 Expenditures Personnel Services 4,097,354 1,768,583 40% e) 4,455,860 4,350,000 105,860 Materials and Services 1,509,684 513,924 28% h) 1,843,865 1,600,000 243,865 Transfer to Veh Maint 22,000 11,000 25% 44,000 44,000 - CapitalOutlay 15,986 - N/A g) - 24,902 (24,902) Total Expenditures 5,645,023 2,293,507 36% 6,343,725 6,018,902 324,823 Revenues less Expenditures (225,615) 190,491 (921,751) (51,565) 870,186 Transfers In -General Fund 451,189 187,995 42% 451,189 451,189 - Change in Fund Balance 225,574 378,486 (470,562) 399,624 870,186 Beginning Fund Balance 1,465,370 1,690,943 123% 1,375,000 1,690,943 315,943 Ending Fund Balance $ 1,690,943 $ 2,069,430 $ 904,438 $ 2,090,567 $1,186,129 a) Projection increased due to additional revenue being granted by legislature after budget adoption. b) Annual payment expected to be received in January 2018. Projection increased due to additional revenue granted by legislature after budget adoption. c) Annual payment expected January 2018. Projection decreased due to less than anticipated revenue granted by legislature after budget adoption. d) Projection decreased due to less than anticipated revenue. e) Projection decreased due to several staff vacancies through November 2017. f) Projection based on trending. g) Projection increased due to unanticipated capital outlay requirement. h) Projection decreased due to less than anticipated expenditure Page 7 i) Project decreased due to less than anticipated revenue after budget adoption. SOLID WASTE Schedule of Financial Operating Data FY 2018 Budget Projected Variance Operating Revenues Year to Date July 1,757,500 68% 1, 2017 through FY 2017 Total Transfers Out 3,075,000 November 30, 2017 $5,459,396 (42% of the year) 41% (572,588) 1 %F of Actual Actual Bud et FY 2018 Budget Projected Variance Operating Revenues 3,075,000 1,757,500 68% 2,580,000 2,580,000 - Total Transfers Out 3,075,000 Franchise Disposal Fees $5,459,396 $2,615,759 41% (572,588) 1 $6,391,644 $ 6,391,644 $ - Private Disposal Fees 2,095,262 1,166,644 58% a) 2,012,522 2,012,522 - Commercial Disp. Fees 1,729,096 856,709 49% a) 1,742,832 1,742,832 - Franchise 3% Fees 254,304 21,364 9% b) 240,000 240,000 - Yard Debris 171,470 104,495 62% a) 168,000 168,000 - Recyclables 13,467 8,310 69% a) 12,000 12,000 - Equip & Material 18,590 - N/A - - - Special Waste 28,812 7,576 30% a) 25,000 25,000 - Interest 31,959 8,521 43% 20,000 20,000 - Leases 10,801 5,400 50% 10,801 10,801 - Miscellaneous 59,241 28,102 80% 35,000 35,000 - Total Operating Revenues 9,872,398 4,822,880 45% 10,657,799 10,657,799 - Operating Expenditures Personnel Services 2,049,320 895,741 39% 2,278,466 2,258,466 20,000 Materials and Services 4,334,705 1,630,749 33% 4,909,217 4,909,217 - CapitalOutlay 127,449 31,107 25% 125,000 125,000 - Debt Service 858,512 310,982 36% c) 861,102 861,102 - Total Operating Expenditures 7,369,985 2,868,579 35% 8,173,785 8,153,785 20,000 Operating Rev less Exp 2,502,412 1,954,301 2,484,014 2,504,014 20,000 Transfers Out SW Capital & Equipment Reserve 3,075,000 1,757,500 68% 2,580,000 2,580,000 - Total Transfers Out 3,075,000 1,757,500 68% 2,580,000 2,580,000 - Change in Fund Balance (572,588) 1 196,801 (95,986) (75,986) 20,000 Beginning Fund Balance 1,810,265 1,237,677 201% 615,872 1,237,677 621,805 Ending Fund Balance $1,237,677 1 $1,434,478 $ 519,886 $ 1,161,691 $ 641,805 a) Disposal fees will slow down during winter months b) Franchise fee payment is due on May 15, 2018. c) Debt Service payments are made in November and May. Page 8 RISK MANAGEMENT Schedule of Financial Operating Data FY 2018 Budget I Projected I Variance Revenues Year to Date July 1, 2017 FY 2017 through November 30, 2017 (42% of the year) Inter -fund Charges: % of Actual Actual Budget FY 2018 Budget I Projected I Variance Revenues Inter -fund Charges: General Liability $ 931,319 $ 438,035 42% $1,051,283 $1,051,283 $ - Property Damage 389,101 163,143 42% 391,542 391,542 - Vehicle 197,155 81,285 42% 195,085 195,085 - Workers' Compensation 1,228,053 517,383 42% 1,241,718 1,241,718 - Unemployment 280,921 148,137 42% 354,609 354,609 - Claims Reimb-Gen Liab/Property 33,863 58,592 195% 30,000 62,000 32,000 Process Fee-Events/Parades 1,980 680 38% 1,800 1,800 - Miscellaneous 30 1,500 5000% 30 1,500 1,470 Skid Car Training 43,853 14,182 44% 32,000 32,000 - Interest on Investments 58,644 29,358 40% 73,464 73,464 - TOTAL REVENUES 3,164,919 1,452,294 43% 3,371,531 3,405,001 33,470 Direct Insurance Costs: GENERAL LIABILITY Settlement / Benefit 711,705 9,040 Defense 27,039 5,335 Professional Service 6,250 6,622 Insurance 339,723 207,262 Loss Prevention 1,347 - Miscellaneous 171 - Repair / Replacement 33,673 582 Total General Liability 1,119,908 228,840 29% 800,000 700,000 (100,000) PROPERTY DAMAGE Property Damage Charges - 98 Settlement / Benefit - - Insurance 5,101 173,873 Loss Prevention 12,000 - Repair / Replacement 122,074 582 Total Property Damage 139,175 174,553 81% 215,000 215,000 - VEHICLE Professional Service 781 - Insurance - 5,101 Loss Prevention 25,397 635 Miscellaneous 6,985 - Repair / Replacement 102,994 36,472 Total Vehicle 136,157 42,207 42% 100,000 100,000 - WORKERS' COMPENSATION Settlement / Benefit 539,792 294,389 Professional Service 6,250 18,077 Insurance 159,212 111,730 Loss Prevention 49,683 30,361 Miscellaneous 52,937 12,316 Total Workers' Compensation 807,875 466,874 52% 900,000 1,050,000 150,000 UNEMPLOYMENT - Settlement/Benefits 56,497 30,960 21% 150,000 100,000 (50,000) Total Direct Insurance Costs 2,259,612 943,434 44% 2,165,000 2,165,000 - Insurance Administration: Personnel Services 327,505 140,694 41% 345,627 345,627 - Materials & Srvc, Capital Out. & Tranfs. 146,503 57,928 26% 226,699 226,699 - Total Expenditures 2,733,620 1,142,056 42% 2,737,326 2,737,326 - Change in Fund Balance 431,299 310,238 634,205 667,675 33,470 Beginning Fund Balance 4,928,271 5,359,570 109% 4,897,636 5,359,570 461,934 Ending Fund Balance $ 5,359,570 $ 5,669,808 $ 5,531,841 6,027,245 495,404 Page 9 DC 9-1-1 (Funds 705 and 707) Schedule of Financial Operating Data FY 2018 Bud et Projected Variance Revenues Year to Date July 1, 2017 through FY 2017 November 30, 2017 Property Taxes - Current (42% of the year) 7,271,865 92% Of Actual Actual Bud et FY 2018 Bud et Projected Variance Revenues Property Taxes - Current $ 7,496,065 7,271,865 92% a) $7,926,725 $ 7,926,725 $ - Property Taxes - Prior 109,702 75,620 89% 85,000 85,000 - Property Taxes - Jefferson County 32,518 29,232 89% a) 33,000 33,000 - State Reimbursement 869,734 15,000 14% b) 110,000 - (110,000) State Grant 276,510 - N/A - - - Telephone User Tax 865,111 223,749 25% c) 880,000 880,000 - Data Network Reimb. 86,263 - 0% 55,000 55,000 - User Fee 58,981 2,156 2% 90,000 90,000 - Police RMS User Fees 326,030 31,202 12% 250,119 250,119 - Contract Payments 130,756 - 0% 193,000 193,000 - Miscellaneous 3,562 3,519 13% 27,000 27,000 - Interest 105,258 30,123 47% 64,000 64,000 - Total Revenues 10,360,491 7,682,466 79% 9,713,844 9,603,844 (110,000) Expenditures Personnel Services 5,867,156 2,870,567 41% 7,070,919 7,004,919 66,000 Materials and Services 3,254,372 1,768,120 58% b) 3,047,724 2,937,724 110,000 Capital Outlay 4,941,447 1,202,645 54% d) 2,210,000 2,210,000 - Total Expenditures 14,062,974 5,841,333 12,328,643 12,152,643 176,000 Transfer In - Fund 710 400,000 - 0% 806,137 806,137 - Revenues less Expenditures (3,302,483) 1,841,133 (1,808,662) (1,742,662) 66,000 Beginning Fund Balance 10,563,485 7,261,001 110% 6,600,000 7,261,001 661,001 Ending Fund Balance $ 7,261,001 $ 9,102,135 $4,791,338 $ 5,518,339 $727,001 a) Historically, 91 % of the current year taxes are received by the end of November. b) Four workstations will not be purchased as the State will not be providing the resources c) Q2 payment expected by the end of January. d) Several capital project expenditures made during Q1. Page 10 Revenues: Internal Premium Charges Part -Time Employee Premium Employee Monthly Co -Pay COIC Retiree / COBRA Co -Pay Prescription Rebates Claims Reimbursements & Misc Interest Total Revenues Expenditures: Materials & Services Admin & Wellness Claims Paid -Medical \\9. Claims Paid -Prescription Claims Paid-Dental/Vision Stop Loss Insurance Premium State Assessments Administration Fee (TPA) Preferred Provider Fee Other - Administration Other- Wellness Admin & Wellness Deschutes On-site Clinic Contracted Services Medical Supplies Other Total DOC Deschutes On-site Pharmacy Contracted Services Prescriptions Other Total Pharmacy Total Expenditures Change in Fund Balance Beginning Fund Balance Ending Fund Balance 382,900 1,728,845 34,083 96,367 595,084 37,720 Health Benefits Fund 729,172 20,673,366 8,153,678 879,955 14, 502, 622 915,677 15, 382, 578 Statement of Financial Operating Data - 35% 2,077,418 2,162,670 FY 2018 July 1, 2017 through November 30, 2017 37% 22,038,292 21,334,421 703,871 FY 2017 (452,489) 596,384 1,048,873 FY 2018 15,000,000 15,382,578 382,578 Actual Actual % of $1,431,450 Budget TProjection 1 97.9%1 $ Variance Bud et $ 16,955,229 $ 7,306,585 43% a) 16,865,000 17,535,804 670,804 2,585 1,172 N/A a) - 2,814 2,814 923,805 376,965 41% a) 925,000 943,965 18,965 2,165,312 771,253 35% a) 2,224,000 1,851,007 (372,993) 1,202,895 513,338 42% a) 1,211,803 1,232,011 20,208 52,995 17,784 N/A - 17,784 17,784 82,361 - 0% 150,000 150,000 - 168,140 82,259 39% a) 210,000 197,421 (12,579) 21,553,322 9,069,356 42% 21,585,803 21,930,805 345,002 13,016,901 5,239,844 37% b) 14,088,936 13,196,234 892,703 977,260 533,163 50% b) 1,069,006 1,262,496,. (193,490) 2,141,054 763,274 33% b) 2,342,057 2,252,1471 89,910 366,633 179,532 42% 425,000 425,000 - 6,269 - 0% 6,600 6,600 - 461,375 196,792 42% 465,000 465,000 - 91,904 (3,294) -5% 65,000 65,000 - 221,307 59,877 28% 214,431 214,431 - 174,028 63,099 35% 178,900 178,900 - 17,456,731 7,032,287 37% 18,854,931 18,065,808 789,123 953,281 345,331 35% 975,000 975,000 - 72,219 34,565 41% 85,000 85,000 - 45,308 12,324 27% 45,943 45,943 - 1,070,808 392,220 35% 1,105,943 1,105,943 - 382,900 1,728,845 34,083 96,367 595,084 37,720 2,145,828 1 729,172 20,673,366 8,153,678 879,955 14, 502, 622 915,677 15, 382, 578 $ 15.382,578 0 $ 16,298,255 % of Exp covered by Revenues 1 104.3% 1 111.2% a) Year to Date Annualized b) 12 -Month rolling average with 8% increase over prior year 31% 312,000 312,000 - 35% a) 1,700,000 1,785,252 (85,252) 58% 65,418 65,418 - 35% 2,077,418 2,162,670 (85,252) 37% 22,038,292 21,334,421 703,871 (452,489) 596,384 1,048,873 103% 15,000,000 15,382,578 382,578 $ 14,547,511 $15,978,961 $1,431,450 1 97.9%1 102.8% Page 11 jrf 12/1/2017 FAIR AND EXPO CENTER Schedule of Financial Operating Data Year to Date July 1, 2017 through November 30, 2017 (42% of the year) Operating Revenues FY 2018 Bud et Projected Events Revenues Year to Date July 1, 2017 $ 134,432 FY 2017 through November 30, 2017 66,879 20,000 33,116 (42% of the year) Camping at F & E 21,148 - 4,150 21% of 34,953 Actual Actual Budget Food & Beverage Activities, net Operating Revenues FY 2018 Bud et Projected Events Revenues $ 538,512 $ 134,432 25% Storage 66,879 20,000 33,116 51% Camping at F & E 21,148 - 4,150 21% Horse Stall Rental 34,953 1 9,993 24% Food & Beverage Activities, net 119,129 ' 7,500 (22,702) -19% a Annual County Fair (net) 440,000 (145,174) 245,452 57% b Interfund Contract 30,000 (200,000) 12,500 42% c; Miscellaneous 14,198 (635,070) 2,119 28% Total Operating Revenues 1,264,818 1 419,060 33% Operating Expenditures, net of TRT: FY 2018 Bud et Projected General F & E Activities 544,000 $ 544,000 $ 65,000 Personnel Services 940,667 20,000 403,750 38% d' TRT Grant (188,255) - (87,684) 44% Materials and Services 812,908 285,452 408,978 33% TRT Grant (167,827) 7,500 (105,729) 17% Capital Outlay - (145,174) - 0% Total Operating Exp, net of TRT 1,397,493 (200,000) 619,315 43% Other: - (635,070) (635,070) - Park Acq/Dev (Fund 130) 30,000 - 7,500 25% Rights & Signage 116,130 30,000 10,600 9% Interest 1,789 1,000 458 46% Total Other 147,919 (10,360--) 18,558 12% Results of Operations 15,244 200,000 (181,697) 25,744 Transfers In / Out 105,452 105,452 Transfer In -General Fund 250,000 - 83,333 42% Transfer In -Room Tax - (Fund 160) 25,744 101,824 10,727 42% Trans In(Out)-Fair & Expo Reserve 55,000 225,000 105,452 100% Total Transfers In 220,744 $ 169,739 (11,392) Non -Operating Rev & Exp Debt Service 102,536 56,660 56% Total Non -Operating Expenditures 102,536 56,660 56% Change in Fund Balance 133,452 (249,748) Beginning Fund Balance 47,283 180,735 80% Ending Fund Balance $ 180,735 $ (69.013) a) See "Food & Beverage Activities Schedule" b) Revenues and Expenses for the annual County Fair are recorded in a separate fund and the available net income is transferred to the Fair & Expo Center Fund c) Reimbursement from RV Park for personnel expenditures recorded in F&E d) Personnel projected to be less than budgeted due to open positions through November 30, 2017 Page 12 FY 2018 Bud et Projected I Variance 544,000 $ 544,000 $ 65,000 65,000 - 20,000 20,000 - 41,000 41,000 - 120,695 120,695 - 430,626 285,452 (145,174) 30,000 30,000 7,500 7,500 1,258,821 1,113,647 (145,174) 1,050,695 1,020,695 30,000 (200,000) (200,000) - 1,223,563 1,223,563 - (635,070) (635,070) - 15,000 15,000 - 1,454,188 1,424,188 30,000 30,000 30,000 - 118,000 107,700 (10,300) 1,000 1,000 149,000 138,700 (10,360--) (46,367) (171,841) (125,474) 200,000 200,000 25,744 25,744 105,452 105,452 120,292 120,292 - 101,824 101,824 - 101,824 101,824 - (27,899) (153,373) (125,474) 225,000 180,735 44,265 $ 197,101 $ 27,362 $ 169,739 a) See "Food & Beverage Activities Schedule" b) Revenues and Expenses for the annual County Fair are recorded in a separate fund and the available net income is transferred to the Fair & Expo Center Fund c) Reimbursement from RV Park for personnel expenditures recorded in F&E d) Personnel projected to be less than budgeted due to open positions through November 30, 2017 Page 12 Deschutes County Fair and Expo Center Food and Beverage Activity Total Expenses 135,723 11,216 11,267 11,953 11,740 15,156 1 61,331 1 149,505 Income (Loss) F&B Activity $ 119,129$ 1( 1,989) $ 14 $ (1,577) $ (13,510) $ 4,361 $ (22,702) $ 120,695 Page 13 FY 17 Actual July August I September I October I November Year to Date FY 18 Budget Revenues $ 473,489 $ 4,698 $ 33,117 $ 19,711 $ 15,086 $ 32,621 $ 105,233 $ 412,000 Direct Costs Beginning Inventory 24,921 25,933 25,779 35,014 33,385 29,246 25,933 - Purchases 121,019 848 19,053 2,817 2,823 8,159 33,699 102,000 Ending Inventory (25,933) 25,779 35,014 (33,385) (29,246) 2( 9,918) (29,918) - Cost of Food & Beverage 120,007 1,002 9,818 4,446 6,961 7,487 29,714 102,000 Cost of F&B Percentage 25.35% 21.32% 29.65% 22.56% 46.14% 22.95% 28.24% 24.76% Event Expenses 23,802 1,186 4,124 1,940 2,559 2,875 12,684 6,000 Labor 105,325 3,666 7,990 3,847 7,336 4,826 27,665 57,800 Total Direct Costs 249,135 5,854 21,933 10,234 16,856 15,187 70,063 165,800 Gross Profit 224,355 1,156) 11,184 9,477 (1,770) 17,434 35,170 246,200 Gross Profit Percentage 47.4% -24.6% 33.8% 48.1% -11.7% 53.4% 33.4% 59.8% Other Revenues Catering/3rd Party 10,461 383 96 899 - - 1,377 10,000 Concessions/3rd Party 20,036 - - - - 2,083 2,083 14,000 Total Other Revenues 30,497 383 96 899 - 2,083 3,460 24,000 Expenses Personnel 125,509 10,762 10,793 11,250 11,250 11,257 55,310 135,755 Other Materials & Services 10,214 454 474 703 491 3,899 6,021 13,750 Total Expenses 135,723 11,216 11,267 11,953 11,740 15,156 1 61,331 1 149,505 Income (Loss) F&B Activity $ 119,129$ 1( 1,989) $ 14 $ (1,577) $ (13,510) $ 4,361 $ (22,702) $ 120,695 Page 13 Revenues Court Fines & Fees Interest on Investments Total Revenues Expenditures Personnel Services Materials and Services Total Expenditures JUSTICE COURT Schedule of Financial Operating Data FY 2018 Budget I Projected I Variance $ 545,628 Year to Date July 1, 37% a) 2017 through FY 2017 1,348 324 November 30, 2017 1,500 (42% of the year) 546,976 1 194,303 of Actual Actual I Budget' FY 2018 Budget I Projected I Variance $ 545,628 193,979 37% a) $ 530,000 $ 581,937 $ 51,937 1,348 324 22% 1,500 1,500 - 546,976 1 194,303 37% 531,500 583,437 51,937 467,419 195,813 40% 486,471 486,471 - 153,817 63,322 44% 142,392 142,392 - 621,236 1 259,135 41% 628,863 628,863 - Revenues less Expenditures (74,260) (64,832) (97,363) (45,426) 51,937 Transfers In -General Fund 25,000 29,167 42% 70,000 70,000 - Change in Fund Balance (49,260) 1 (35,665) (27,363) 24,574 51,937 Beginning Fund Balance 161,702 112,442 132% 85,000 112,442 27,442 Ending Fund Balance $112,442 $ 76,777 $ 57,637 $137,016 $ 79,379 a) Year to date annualized. Page 14 Deschutes County Room Taxes (Funds 160 and 170) Budget and Actual - FY 2018 YTD November 2017 Fund 160 - 7% of TRT 0 Fund 170 - 1% of TRT 0 Combined - 8% TRT Page 15 % of Budget Actual Budget Actual Budget Actual Budget REVENUES Room Taxes $ 5,880,000 $ 4,015,980 $ 840,000 $ 573,714 $ 6,720,000 $ 4,589,694 68.3% Interest 10,000 8,180 7,000 3,273 17,000 11,453 67.4% Total Revenues 5,890,000 4,024,160 847,000 576,987 6,737,000 4,601,147 68.3% EXPENDITURES Administrative Auditing Services 10,937 - 1,563 - 12,500 - Temporary Help 7,064 847 - 113 7,064 960 Interfund Contract 48,238 20,099 9,048 3,350 57,286 23,449 ISF 32,287 13,453 15,305 6,377 47,592 19,830 Public Notices 2,669 613 381 88 3,050 700 Printing 1,881 - 269 - 2,150 - Office Supplies 897 128 - 1,025 - Postage 2,647 - 378 - 3,025 - Total Administrative 106,620 35,012 27,072 9,927 133,692 44,939 Current Distributions Sheriff's Office 3,151,787 1,313,245 - - 3,151,787 1,313,245 Sunriver Service Dist 200,000 - - - 200,000 - COVA - 6% 982,256 621,779 - - 982,256 621,779 COVA - 1% 820,164 521,275 - - 820,164 521,275 Grants Third Party Grants - - - 8,000 - 8,000 Inter -fund Grants ME Center - - 839,242 193,413 839,242 193,413 Annual County Fair - - 70,000 91,421 70,000 91,421 RV Park - - 70,000 26,027 70,000 26,027 Inter -fund Transfers ME Center 25,744 10,727 - - 25,744 10,727 ME Reserve Fund - - 245,978 61,495 245,978 61,495 Total Distributions 5,179,951 2,467,025 1,225,220 380,355 6,405,171 2,847,381 Total Expenditures 5,286,571 2,502,037 1,252,292 390,282 6,538,863 2,892,320 Change in Balance 603,429 1,522,123 (405,292) 186,704 198,137 1,708,827 Beginning Balance 407,000 449,923 405,292 467,133 812,292 917,056 Ending Balance $ 1,010,429 $ 1,972,045 $ - $ 653,838 $ 1,010,429 $ 2,625,883 Page 15