2022-443-Resolution No. 2022-077 Recorded 12/5/2022Recorded in Deschutes County
Steve Dennison, County Clerk CJ2022-443
Commissioners' Journal 12/05/2022 3:16:20 PM
REVIEWED� ���SFs�o2 IIIIIIIIIIIIIIIIIII
LEGAL COUNSEL
2022-4
43
For Recording Stamp Only
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY,
OREGON
A Resolution to Move Appropriations
Within the 2022-23 Deschutes County Budget * RESOLUTION NO. 2022-077
*
WHEREAS, the Board of County Commissioners approved on 10/26/2022, the Alfalfa
Fire District Loan/Pledge Agreement and Promissory Note to assist in the expansion and
improvement of the District's facilities and operations, and
WHEREAS, ORS 294.463 allows for a Contingency transfer when authorized by
resolution of the governing body, and
WHEREAS, it is necessary to decrease Contingency by $100,000, and increase Program
Expense by $100,000 within the Non -Departmental General Fund, now, therefore;
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF
DESCHUTES COUNTY, OREGON, as follows:
Section 1. That the following expenditures be appropriated in the 2022-23 County Budget:
Non -Departmental General Fund
Program Expense $ 100,000
Contingency ($ 100,000)
Page 1 OF 2-Resolution no. 2022-077
Section 2. That the Chief Financial Officer make the appropriate entries in the Deschutes
County Financial System to show the above appropriations:
DATED this day of November, 2022.
ATTEST:
Recording Secretary
Page 2 OF 2-Resolution no. 2022-077
BOARD OF COUNTY COMMISSIONERS OF
DESOAUTES COUNTY, OREGON
<-YzWA���
PATTI ADAIR, Chair
ANTHONY DEBONE, Vice -Chair
PHIL CHANG, Commis Toner
RESOURCES
Line Number
Item MUNIS number
REQUIREMENTS
Line Number
Category
Item
(HTE 14 digit code)
(Pers, M&S, Cap Out,
Contingency)
0019919-450920
M&S
0019999-501971
Contingency
A supplemental budget is required for the following reason and will
Alfalfa Fire District Loan/Pledge Agreement and Promissory Note of $101
Fund: 001
Dept: Non -Departmental
Requested by: Dan Emerson
Date: 11/21/2022
Description
Current
Budgeted
Amount
To (From)
Revised Budget
TOTAL
-
-
-
Description
(Element -Object, e.g. Time Mgmt, Temp
Help, Computer Hardware)
Current
Budgeted
Amount
To (From)
Revised Budget
Grants Contributions
-
100,000
100,000
Contingency
11,474,637
(100,000)
111374,637
TOTAL
11,474,637
-
11,474,637
1 be used for the following purpose:
0,000 to assist in the expansion and improvement of the District's facilities and operations.
cv���vT 95 COG2a
BOAR® OF
COMMISSIONERS
MEETING DATE: November 28, 2022
SUBJECT: Consideration of Resolution 2022-077 transferring Contingency within the 2022-23
Deschutes County Budget.
RECOMMENDED MOTION:
Move approval of Resolution 2022-077 transferring Contingency within the 2022-23 Deschutes
County Budget.
BACKGROUND AND POLICY IMPLICATIONS:
The Alfalfa Fire District, which provides critical fire protection services to people and property
within the District, seeks to enhance its fire protection services by expanding and improving its
existing facilities and operations. The County approved these efforts on 10/26/2022, by loaning
the District $100,000, which will be repaid with interest in ten (10) annual installments.
The District will use the funds for the installation of a well estimated at $55,000 and the
installation of a backup generator estimated at $26,000. The remaining funds of approximately
$19,000 will be used to pave parking areas.
BUDGET IMPACTS:
The District agrees to pay the full amount of the $100,000 loan with a 4.00% interest rate,
compounded annually beginning from the date of this Agreement until December 2032, at
which time the remaining unpaid principal balance together with accrued interest, if any, shall
be due and payable. The loan will be paid from the General Fund and all interest revenue will
be credited to the General Fund. This Resolution transfers contingency in the amount of
$100,000 to General Fund Program Expense to fund the Alfalfa Fire District Loan.
ATTENDANCE:
Robert Tintle, Deschutes County CFO
Dan Emerson, Deschutes County Budget Manager