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2024-351-Resolution No. 2024-061 Recorded 12/30/2024Recorded in Deschutes County �y REVIE ED Steve Dennison, County Clerk �iJG®2A-351 CCornmissioners' Journal 12/30/2024 12:12:52 PM LEGAL COUNSEL 4 2024-351 BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON A Resolution Increasing Appropriations Within the 2024-25 Deschutes County Budget * RESOLUTION NO. 2024-061 * WHEREAS, the Deschutes County Finance department presented to the Board of County Commissioners on 12/18/2024, with regards to increasing Revenue, increasing Program Expense, and increasing Contingency within the Health Benefits Fund, and WHEREAS, ORS 294.471 & 294.473 allows a supplemental budget adjustment when authorized by resolution of the governing body, and 11 TTJUDti A C� it y t�. tions to nraotP Ohio niiAot• r��ii> VV jjlil�_l.iC1J, 1L 13 11lilJVJJLLI J' LV lller ease appropriations LV aeliVI11111VULLLV L111J Lela LIVJL, 11V VFV, therefore, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, as follows: Section 1. That the following revenue be increased in the 2024-25 County Budget within the following fund: Health Benefits Fund Program Revenue Interest Earnings Total Health Benefits $ 6,165,802 (154,800) $ 6,011,002 Section 2. That Appropriations be increased in the 2024-25 County Budget within the following fund: Health Benefits Fund Program Expense Contingency Total Health Benefits Page 1 OF 2-Resolution no. 2024-061 $ 5,117,752 893,250 $ 6,011,002 Section 3. That the Chief Financial Officer make the appropriate entries in the Deschutes County Financial System to show the above appropriations: DATED this r j g day of December 2024. ATTEST: Recording Secretary Page 2 OF 2-Resolution no. 2024-061 BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON PATTI ADAIR, Chair ANT ONY DEBONE, Vice --Chair PHIL CHANG, ommissioner mti o o 0 WCD dam' 0000 .- m N OD N o n 3 0 0 - o ap m a) a Lon m O (Y m O o N 00 N a) K w mO N 0) �f l00 d' 00 O O ° 00 It m N tO rY O vLn �.O N n M 0 M O 0 d �C lO tf) O CD 1l � C +' C ° m o n u`ri 0"Lei U Q 07 O N M C C a) O YO. C C a) a E ru vl C O a) V E O1 � M C - 0 v L ❑ L Y s 0 U o E N C v N a = a/ CE L O N (A N Q v O L a v T�,, C C C C C C C v N N N N N v Orf U� 0 0 m 0 0 0 O cn cn m o 0 0 o m m m iO k-o �r m m m m m m m O 0 0 0 0 0 0 0 O m M M m m m m r n I\ n n n rl �O �.O �D LO kD ko N C a) E 00 v v Q v � E O U =3 Z V O C O L J d Y v o a m� It m v Ln m 0 m m 00 O N - W N vO N a) LO O _ E In lO N M O Ln N O O 0 6 O C m L r W n `-' 00 O L I- V O Ln I� -° m m m 00 r, v � 0 CD O Oi V Oi N a ° 0 = o E 0000 N �n Il m Q Yc � @ cC C f L U N u a N 0 � ❑ 0 O - 4 v _a C O _ V O V - C Y a) V � Q H d U U U O o U v a C V C Y 0 U �> C W O U C � `) a .6 06 .6 06 D U M O O O �— N Y o 0 0 0 0 v � 4 't "t o .n O O o O O 1 Ln Ln Ln 00 N lO O m Ln Ln d' Ln Ln Ln Ln n n n n W C al E 0D v v v � � z E UO O : Z ~ O Q C L J d a O le G. E _ N m V' U1 a Q - BOARD OF COMMISSIONERS MEETING DATE: December 18, 2024 SUBJECT: Public hearing and consideration of Resolution 2024-061 adopting a supplemental budget and increasing revenue and appropriations in the Health Benefits Fund. RECOMMENDED MOTION: Following the public hearing, move approval of Resolution 2024-061 increasing revenue and appropriations within the 2024-25 Deschutes County Budget. BACKGROUND AND POLICY IMPLICATIONS: In August the County increased the Health Benefits premium charged to departments by 1 q0/ to rnwar nntirinntarJ inrrancarl anal i inhi irfaatarl avnanrfitt irac Thic arlh ictmant recognizes additional estimated premium revenue of $5,389,356 and increases appropriations by $5,117,752 and Contingency by $271,604. To align the budget with current projections for Prescription Rebates, Interest Earnings and Claims Reimbursement, this adjustment will also recognize an additional $621,646 in revenue and increase Contingency by the same amount. BUDGET IMPACTS: - Revenue o Recognizes $6,165,802 in additional Program revenue. o Decreases Interest Earnings by $154,800. Requirements o Increases Program Expenditures by $5,117,752. o Increases Contingency by $893,250; revised Contingency is $7,895,427. ATTENDANCE: Cam Sparks, Budget & Financial Planning Manager