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Home My WebLink AboutFY 2005 Comprehensive Annual Financial ReportDESCHUTES COUNTY, OREGON 1300 NW Wall Street Bend, OR 97701 COMPREHENSIVE ANNUAL FINANCIAL REPORT For the Fiscal Year Ended June 30, 2005 Prepared by: Deschutes County Finance Department Marty Wynne Finance Director Jeanine Faria, CPA Accounting Manager DESCHUTES COUNTY, OREGON TABLE OF CONTENTS YEAR ENDED JUNE 30, 2005 INTRODUCTORY SECTION Page Letter of Transmittal iii -viii CountyOfficials........................................................................................................................................ix OrganizationalChart.................................................................................................................................x Certificationof Achievement.....................................................................................................................A FINANCIAL SECTION INDEPENDENT AUDITORS' REPORT...................................................................................................... 3-4 MANAGEMENT'S DISCUSSION AND ANALYSIS................................................................................... 5-15 BASIC FINANCIAL STATEMENTS Government -Wide Financial Statements Statementof Net Assets.................................................................................................................... 19 Statementof Activities....................................................................................................................... 20 Fund Financial Statements: Governmental Funds Governmental Funds — Balance Sheet.............................................................................................. 21 Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Assets ................ 22 Statement of Revenues, Expenditures and Changes in Fund Balances — Governmental Funds........ 23 Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Government Funds to the Statement of Activities........................................................................... 24 Fund Financial Statements: Proprietary Funds Statementof Net Assets.................................................................................................................... 25 Statement of Revenues, Expenses and Changes in Fund Net Assets ............................................... 26 Statementof Cash Flows................................................................................................................... 27 Statement of Fiduciary Assets and Liabilities.......................................................................................... 28 Notes to Financial Statements........................................................................................................... 29-52 Required Supplementary Information Statement of Budgeted and Actual Transactions — Budgetary Basis GeneralFund............................................................................................................................... 55-57 Deschutes County Sheriff's Office Special Revenue Fund............................................................ 58-60 Mental Health Special Revenue Fund................................................................................................ 61 RoadSpecial Revenue Fund............................................................................................................. 62 Other Supplementary Data Combining and Individual Fund Statements and Schedules Combining Nonmajor Governmental Funds CombiningBalance Sheet: ..................................................................................................................... 69 Nonmajor Governmental Funds Nonmajor Special Revenue Funds............................................................................................... 70-78 NonmajorDebt Service Funds...................................................................................................... 79-81 NonmajorCapital Projects Funds...................................................................................................... 82 DESCHUTES COUNTY, OREGON TABLE OF CONTENTS - CONTINUED YEAR ENDED JUNE 30, 2005 Page Combining Statement of Revenues, Expenditures and Changes in Fund Balances ............................... 83 Nonmajor Governmental Funds Nonmajor Special Revenue Funds............................................................................................... 84-94 Nonmajor Debt Service Funds...................................................................................................... 95-98 Nonmajor Capital Projects Funds............................................................................................... 99-100 Combining Proprietary Funds Combining Statement of Net Assets: SolidWaste Funds.......................................................................................................................... 103 Fair& Expo Center Funds............................................................................................................... 104 Nonmajor Internal Service Funds.................................................................................................... 105 Combining Schedule of Revenues, Expenditures and Changes in Fund Net Assets: SolidWaste Funds.......................................................................................................................... 106 Fair& Expo Center Funds............................................................................................................... 107 InternalService Funds..................................................................................................................... 108 Combining Statement of Cash Flows: SolidWaste Funds.......................................................................................................................... 109 Fair& Expo Center Funds................................................................................................................110 Nonmajor Internal Service Funds.....................................................................................................111 Budgetary Comparison Schedules: Schedules of Revenues, Expenditures/Expenses and Changes in Fund Balance — Budget and Actual: BusinessLoan Fund.........................................................................................................................115 Communitv Development Block Grant..............................................................................................116 CulturalCoalition Fund.....................................................................................................................117 GrantProjects..................................................................................................................................118 JusticeCourt ....................................................................................................................................119 LaPine Industrial............................................................................................................................. 120 LaPine Senior Center Fund............................................................................................................ 121 Park Acquisition and Development.................................................................................................. 122 PERSReserve................................................................................................................................ 123 CountySchool Fund........................................................................................................................ 124 SpecialTransportation Fund............................................................................................................ 125 TaylorGrazing................................................................................................................................. 126 TransientRoom Tax......................................................................................................................... 127 VideoLottery ................................................................................................................................... 128 WelcomeCenter.............................................................................................................................. 129 IndustrialDevelopment.................................................................................................................... 130 LandSales Maintenance................................................................................................................. 131 LiquorEnforcement......................................................................................................................... 132 Victims' Assistance.......................................................................................................................... 133 LawLibrary ...................................................................................................................................... 134 CountyClerk Records..................................................................................................................... 135 Commission on Children and Families............................................................................................. 136 DESCHUTES COUNTY, OREGON TABLE OF CONTENTS - CONTINUED YEAR ENDED JUNE 30, 2005 Page Community Justice - Juvenile.......................................................................................................... 137 Sheriff's Asset Forfeiture.................................................................................................................. 138 CourtFacilities................................................................................................................................. 139 Deschutes County Communication System..................................................................................... 140 Sheriff's Capital Reserve................................................................................................................. 141 HealthDepartment.......................................................................................................................... 142 HealthyStart- Prenatal..................................................................................................................... 143 ABHA Accountable Behavioral Health Alliance................................................................................ 144 AcuteCare Services........................................................................................................................ 145 OHP— Chemical Dependency......................................................................................................... 146 Public Land Corner Preservation..................................................................................................... 147 CodeAbatement.............................................................................................................................. 148 CommunityDevelopment................................................................................................................ 149 CDD-TDC........................................................................................................................................ 150 Community Development Reserve.................................................................................................. 151 CDD Building Reserve Program...................................................................................................... 152 CDD Electrical Program Reserve.................................................................................................... 153 GISDedicated Fund........................................................................................................................ 154 Natural Resource Protection............................................................................................................ 155 FederalForest Title II I...................................................................................................................... 156 RoadBuilding and Equipment......................................................................................................... 157 RoadImprovement Reserve............................................................................................................ 158 Vehicle Maintenance and Replacement........................................................................................... 159 DogControl..................................................................................................................................... 160 Adult Parole & Probation................................................................................................................. 161 Deschutes County 911 Service District............................................................................................ 162 911 CSD — Equipment Reserve....................................................................................................... 163 Extension/4-H.................................................................................................................................. 164 Black Butte Ranch County Service District...................................................................................... 165 Sunriver Service District — General Fund......................................................................................... 166 Sunriver Service District — Reserve Fund........................................................................................ 167 2000 Series LTD Tax Improvement.................................................................................................. 168 2003 Series LTD Tax Improvement.................................................................................................. 169 2005 Series LTD Tax Improvement.................................................................................................. 170 CDD Building 1996 Full Faith and Credit, Series 2004.................................................................... 171 Full Faith and Credit, 2003.............................................................................................................. 172 HHS / BJCC 1998 COPs................................................................................................................. 173 GovernmentCenter COPs............................................................................................................... 174 Public Safety 1993/1996/1998/2002 General Obligations Bond Debt Service .................................. 175 Redmond Building 1994 COPS....................................................................................................... 176 PERS, Series 2002 and 2004 Debt Service..................................................................................... 177 Welcome Center 1988/1998 COPs.................................................................................................. 178 DESCHUTES COUNTY, OREGON TABLE OF CONTENTS - CONTINUED YEAR ENDED JUNE 30, 2005 Page Bend Library CSD Debt Service...................................................................................................... 179 Redmond Library CSD Debt Service............................................................................................... 180 Sunriver Library CSD Debt Service................................................................................................. 181 ProjectDevelopment Fund.............................................................................................................. 182 NewberryNeighborhood.................................................................................................................. 183 LocalImprovement District.............................................................................................................. 184 General County Projects.................................................................................................................. 185 La Pine Building Purchase/Remodel............................................................................................... 186 RemodelProjects Fund................................................................................................................... 187 CourthouseRemodel Project........................................................................................................... 188 SolidWaste Operations................................................................................................................... 189 LandfillClosure................................................................................................................................ 190 LandfillPostclosure......................................................................................................................... 191 Solid Waste Capital Projects............................................................................................................ 192 Solid Waste Equipment Reserve..................................................................................................... 193 EnvironmentalRemediation............................................................................................................. 194 SWNorth Area Development........................................................................................................... 195 Fairand Expo Center...................................................................................................................... 196 AnnualCounty Fair.......................................................................................................................... 197 Fairand Expo Construction............................................................................................................. 198 Fairand Expo Center Reserve........................................................................................................ 199 Fairgrounds Debt Service Fund....................................................................................................... 200 BuildingServices............................................................................................................................. 201 Administrative Services................................................................................................................... 202 Finance........................................................................................................................................... 203 Legal............................................................................................................................................... 204 Personnel........................................................................................................................................ 205 InformationTechnology.................................................................................................................... 206 ITReserve....................................................................................................................................... 207 Insurance........................................................................................................................................ 208 HealthBenefits Trust....................................................................................................................... 209 Capital Assets Used in the Operation of Governmental Funds Comparative Schedule by Source........................................................................................................ 213 Schedule by Function and Activity........................................................................................................ 214 Schedule of Changes by Function and Activity..................................................................................... 215 Other Financial Schedules Fiduciary Funds — Statement of Changes in Assets and Liabilities — Detail Activity .............................. 219 Schedule of Property Taxes Transactions —All County Taxes............................................................... 220 DESCHUTES COUNTY, OREGON TABLE OF CONTENTS - CONTINUED YEAR ENDED JUNE 30, 2005 Page STATISTICAL SECTION CONTENTS Financial Trends Net Assets by Component — Last Three Fiscal Years........................................................................... 225 Changes in Net Assets — Last Three Fiscal Years................................................................................ 226 Program Revenues by Function/Program — Last Three Fiscal Years .................................................... 227 Fund Balances — Governmental Funds — Last Three Fiscal Years ....................................................... 228 Changes in Fund Balances — Governmental Funds — Last Three Fiscal Years ..................................... 229 Revenue Capacity Assessed Value and Estimate Value of Taxable Property — Last Ten Fiscal Years ........................ 230-231 Direct and Overlapping Property Tax Rates — Last Ten Fiscal Years ............................................. 232-233 Principal Property Tax Payers — Current Year and Nine Years Ago ...................................................... 234 Property Tax Levies and Collections — Last Ten Fiscal Years............................................................... 235 Debt Capacity Ratios of Outstanding Debt by Type — Last Ten Fiscal Years......................................................... 236-237 Ratios of General Bonded Debt Outstanding — Last Ten Fiscal Years .................................................. 238 Direct and Overlapping Governmental Activities Debt — As of June 30, 2005 ....................................... 239 Legal Debt Margin Information — Last Ten Fiscal Years................................................................. 240-241 Pledged -Revenue Coverage — Last Ten Fiscal Years.................................................................... 242-243 Demographic and Economic Information Demographic and Economic Statistics — Last Ten Calendar Years ....................................................... 244 Principal Employers — Current Year and Nine Years Ago...................................................................... 245 Operating Information Full-time Equivalent County Government Employees by Function/Program — Last Three Fiscal Years 246 Operating Indicators by Function/Program — Last Three Fiscal Years .................................................. 247 Capital Asset Statistics by Function/Program — Last Three Fiscal Years ............................................... 248 AUDIT COMMENTS AND DISCLOSURES REQUIRED BY STATE REGULATIONS Audit Comments and Disclosures Required by State Regulations..................................................... 251-253 SINGLE AUDIT COMPLIANCE Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards.................................................................................................... 257-258 DESCHUTES COUNTY, OREGON TABLE OF CONTENTS - CONTINUED YEAR ENDED JUNE 30, 2005 Page Report on Compliance with Requirements Applicable to Each Major Program and on Internal Control Over Compliance in Accordance with OMB Circular A-133 .................................. 259-260 Schedule of Findings and Questioned Costs............................................................................................ 261 Schedule of Expenditures of Federal Awards..................................................................................... 263-265 INTRODUCTORY SECTION This page intentionally left blank. 1'0 -TES C� Department of Administrative Services Michael A. Maier, Director 1300 NW Wall St, Suite 200, Bend, OR 9`7701-1960 (541) 388-6570 - Fax (541) 385-3202 www. co. deschutes. or. us September 29, 2005 To the Board of County Commissioners and the citizens of Deschutes County, Oregon: State law requires that all general-purpose local governments publish, within six months of the close of each fiscal year, a complete set of financial statements presented in conformity with U.S. generally accepted accounting principles and audited in accordance with generally accepted auditing standards by a firm of certified public accountants licensed to perform audits of a municipal corporation. This report is published to fulfill that requirement for the fiscal year ended June 30, 2005. This report consists of management's representations concerning the finances of Deschutes County. Consequently, management assumes full responsibility for the completeness and reliability of all of the information presented in this report. To provide a reasonable basis for making these representations, management of Deschutes County has established a comprehensive internal control framework that is designed both to protect the County's assets from loss, theft or misuse and to compile sufficient reliable information for the preparation of Deschutes County's financial statements in accordance with GAAP. Because the cost of internal controls should not outweigh their benefits, Deschutes County's comprehensive framework on internal controls has been designed to provide reasonable rather than absolute assurance that the financial statements will be free from material misstatement. As management, we assert that, to the best of our knowledge and belief, this financial report is complete and reliable in all material respects. Deschutes County's financial statements have been audited by Harrigan Price Fronk & Co. LLP, a firm of certified public accountants licensed to perform audits of a municipal corporation. The goal of the independent audit was to provide reasonable assurance that the financial statements of Deschutes County for the fiscal year ended June 30, 2005, are free of material misstatement. The independent audit involved examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements; assessing the accounting principles used and significant estimates made by management; and evaluating the overall financial statement presentation. The independent auditor concluded, based upon the audit, that there was reasonable basis for rendering an unqualified opinion that Deschutes County's financial statements for the fiscal year ended June 30, 2005, are fairly presented in conformity with GAAP. The independent auditors' report is presented as the first component of the financial section of this report. The independent audit of the financial statements of Deschutes County was part of a broader, federally mandated "Single Audit" designed to meet the special needs of federal grantor agencies. The standards governing Single Audit engagements require Quality Services Performed with Pride iii To the Board of County Commissioners and the citizens of Deschutes County, Oregon: September 29, 2005 the independent auditor to report not only on the fair presentation of the financial statements, but also on the audited government's internal controls and compliance with legal requirements, with special emphasis on internal controls and legal requirements involving the administration of federal awards. These separately issued reports have been included in this comprehensive annual financial report. Management's discussion and analysis (MD&A) immediately follows the independent auditors' report and provides a narrative introduction, overview and analysis of the basic financial statements. MD&A complements this letter of transmittal and should be read in conjuction with it. Profile of the Government The County was incorporated in 1916, is located in the central part of the state and covers an area of 3,055 square miles. The County has three elected commissioners, each serving four-year terms, who are elected at -large. Daily administrative duties are overseen by an appointed County Administrator, while the Board of Commissioners sets policy, adopts the annual budget and passes ordinances in accordance with state law. The County utilizes a budget committee, consisting of three citizens of the County and the three commissioners, to review the departmental budgets for each fiscal year. The financial reporting entity, Deschutes County, includes all funds of Deschutes County, as well as all of its component units. Component units are legally separate entities for which Deschutes County is financially accountable. The County provides a full range of services including sheriff's patrol and correction services, construction and maintenance of roads and bridges, property assessment, tax collection, public health and mental health services, land use planning, prosecution of criminals, election services, records maintenance and operation of a landfill and a fair and expo center. Blended component units, although legally separate entities, are, in substance, part of Deschutes County's operations and are included as part of Deschutes County. Accordingly, the Deschutes County 911, Deschutes County Extension/4-H, Black Butte Ranch and Sunriver Service Districts are reported as Special Revenue Funds of Deschutes County. Bend Library CSD, Redmond Library CSD and Sunriver Library CSD are reported as Debt Service Funds of Deschutes County. The annual budget serves as the foundation for Deschutes County's financial planning and control. Requested budgets are submitted from each fund, department and component unit county service district to the County's Budget Officer approximately three months prior to the beginning of the fiscal year. The Budget Officer submits a proposed budget to the Budget Committee based on these requested budgets approximately two months prior to the beginning of the fiscal year. The County is required to announce in advance and hold public hearings on the proposed budget and to adopt the budget by no later than June 30, the close of Deschutes County's iv To the Board of County Commissioners and the citizens of Deschutes County, Oregon: September 29, 2005 fiscal year. The appropriated budget is prepared by fund, department and category (level of control). All transfers of appropriation between categories require approval by the Board of County Commissioners. Budget -to -actual comparisons are provided in this report for each individual governmental and proprietary fund for which an appropriated annual budget has been adopted. For the General Fund and the major special revenue funds, this comparison is presented beginning on page 55 as part of the basic financial statements for the governmental funds. All other funds are presented in a subsection of this report, which starts on page 115. Local economy Deschutes County is the outdoor recreation capital of Oregon. With noble, snow- capped peaks dominating the skyline to the west and the wide-open high desert extending to the east, the beauty and uniqueness of Deschutes County captures the awe of locals and visitors alike. Deschutes County has grown into a bustling, exciting place where progress and growth are hallmarks. Beginning in the early 1990's and continuing to the present, Deschutes County has experienced the most rapid population growth of any county in the state. This growth is believed to be largely due to the area's invigorating climate and year-round recreation activities. The population is approximately 143,000, a 23% increase since 2000 and is projected to exceed 240,000 within 20 years. Recreational activities include downhill and cross-country skiing, snowboarding, fishing, hunting, hiking, rock- climbing, mountain climbing, whitewater rafting and golfing. Deschutes County is the host of diverse annual events including the Cascade Festival of Music, the Art Hop, Sisters Outdoor Quilt Show, Cascade Children's Festival, Pole Pedal Paddle, Sisters Rodeo, WinterFest, Sunriver Sunfest, Bend Film Festival, Pacific Northwest Amateur Golf Tournament and the Cascade Cycling Classic. In fiscal year 2004-2005 the County's taxable assessed value increased by 9.4%, approximately $1.05 billion, to a total of $12.2 billion. Formerly a region dependent on wood products, Deschutes County has steadily diversified its employment and economic base. For the past decade, Deschutes County has lead Oregon in high technology growth. Numerous companies from the Silicon Valley, Portland -Vancouver Metro and Puget Sound have relocated or expanded here. Many of these firms are small but extremely innovative, producing niche -market products from semiconductors to software, medical instruments to recreational equipment. Tourism in Deschutes County contributes to the diversified economy due to the abundance of year-round recreational activities. The County is home to a major medical center, designated as a level II trauma center, with more than 200 physicians on staff. Long-term financial planning. An outcome of a comprehensive facilities study was a plan to meet the County's needs for the next 20 years. The expansion and remodel of the Justice Building began in v To the Board of County Commissioners and the citizens of Deschutes County, Oregon: September 29, 2005 June 2004 and was completed June 2005. The County has plans to upgrade its solid waste facility with a state of the art re -cycling center. These projects, and projects completed in prior fiscal years, were funded with a $32 million Full Faith & Credit bond issued in May 2003. The debt will be repaid from rental charges to the State, internal rent charges to County departments occupying the buildings and from resources in the Project Development Fund and General County Projects Fund. In February 2005, the County issued $6.3 million in tax-free debt to provide resources for the purchase of land adjacent to the County's public safety complex, for the remodel of the County's historic Courthouse which presently is used as offices by the District Attorney and the State courts and for the construction of an RV Center at the County's fair and expo center. To take advantage of continuing low interest rates, in September 2004, the County entered into an advanced refunding of the debt issued in 1996 to build the County's Community Development Department building. Over the past two decades, there have been growth -related problems in Southern Deschutes County, ranging from water quality to substandard roads, to wild land fire hazards. Among the most serious issues, there are approximately 1,800 lots which have water tables at two feet or less. Most of these lots were created before Oregon land use laws came into existence. The population in the area is widely dispersed and there are few available services, such as water, sewer and paved roads. Deschutes County confronted this issue in a comprehensive manner, including purchasing a large block of land from BLM to use as a "new neighborhood," to create new, livable lots to trade for the lots that are unusable. The first phase of this development was sold to a private developer in April 2004, building permits have been issued, residential units have been constructed and sold to private homeowners. In 1999, the County embarked on a program to sell its under-utilized real property. The proceeds from such activities are accumulated to fund future development of facilities to be used for providing services to the citizens of Deschutes County. As a result of this program, the County's reserves for future capital development have increased by $1.2 million during the current fiscal year. Cash mananement policies and practices. During the year, the County's unrestricted cash balances were invested in accordance with the County's investment policy as authorized by the Board of County Commissioners and the Deschutes County Investment Advisory Committee. The primary objective of investing, as stated in the investment policy, is the preservation of capital. The County Treasurer invests funds on behalf of the County and other public agencies, as a trustee, in a manner to earn an appropriate yield while minimizing risk and meeting the liquidity needs. County monies and monies of other agencies for which the County acts as trustee, are pooled for investment purposes unless otherwise provided for under the County investment policy. The investments include bank certificates of deposit, federal A To the Board of County Commissioners and the citizens of Deschutes County, Oregon: September 29, 2005 agency instruments, commercial paper and the Oregon Local Government Investment Pool. • Maturity ranges: 3 months — 24 months • Average maturity: 15 months • Average yield: 2.5% Risk management. The County budgets its risk management activities in two internal service funds. Each County department covered by the insurance provided by the Insurance Fund makes payments into this fund for Workers' Compensation, Unemployment, General Liability, Property Damage and Vehicle Insurance. Insurance rates are determined based on an actuarial study and resources are accumulated in this fund to meet future losses. Third party coverage is maintained for potential property damage losses. The County self insures for its health benefits and limits its exposure with a stop -loss policy. For medical/dental insurance risk, the Employee Benefits Advisory Committee plays an active role in minimizing the costs of losses to the County. Pension and other post -employment benefits. Deschutes County provides retirement benefits for those employees meeting the qualifications of the Oregon Public Employee Retirement System (OPERS). OPERS is an agent multiple -employer defined benefit public employee pension plan. In addition to the pension benefits, the County contributes to the premium for health/dental/vision insurance for qualifying retirees, until the time such employees are eligible to participate in Medicare. Awards and acknowledgements The Government Finance Officers Association (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to the County for its comprehensive annual financial report for the year ended June 30, 2004. This was the fourth consecutive year that the County had submitted its report for consideration of the award. In order to be awarded a Certificate of Achievement, the County published an easily readable and efficiently organized comprehensive annual financial report. This report satisfied both generally accepted accounting principles and applicable legal requirements. A Certificate of Achievement is valid for a period of one year only. We believe that our current comprehensive annual financial report continues to meet the Certificate of Achievement Program's requirements and we are submitting it to the GFOA to determine its eligibility for another certificate. The preparation of the comprehensive annual financial report on a timely basis was made possible by the dedicated service of the entire staff of the Finance Department. We would like to express our appreciation to all members of the department who assisted and contributed to the preparation of this report. Acknowledgment should also be given to the Board of County Commissioners for their interest and support in vii To the Board of County Commissioners and the citizens of Deschutes County, Oregon: September 29, 2005 planning and conducting the operations of the County in a responsible and progressive manner. Respectfully submitted, Mike Maier Administrative Services Director viii A Marty Wynne Finance Director DESCHUTES COUNTY, OREGON COUNTY OFFICIALS JUNE 30, 2005 ELECTED OFFICIALS COUNTY COMMISSIONERS Mike Daly Tom DeWolf Dennis Luke ASSESSOR Scot Langton SHERIFF Les Stiles COUNTY CLERK Nancy Blankenship APPOINTED OFFICIALS DISTRICT ATTORNEY Mike Dugan TREASURER Marty Wynne JUSTICE COURT Charles Fadeley Administrative Service Director Mike Maier County Counsel Mark Pilliod Finance Director Marty Wynne Internal Auditor David Givans Administrative Building 1300 NW Wall Street Bend OR 97701 ix Jj' C 1 1 1 1 1 1 a� 1 q ' ' OR) 1 1 pZ i Ilia 1 11, � 1 I f9 a 8 Fil fig1� Certificate of Achievement for Excellence in Financial Reporting Presented to Deschutes County, Oregon For its Comprehensive Annual Financial Report for the Fiscal Year Ended June 30, 2004 A Certificate of Achievement for Excellence in Financial Reporting is presented by the Government Finance Officers Association of the United States and Canada to government units and public employee retirement systems whose comprehensive annual financial reports (CAFRs) achieve the highest standards in government accounting and financial reporting. Sulu >� CMWMMM President 000 Aofoeol- Executive Director Xi This page intentionally left blank. FINANCIAL SECTION This page intentionally left blank. John P. Harrigan, CPA INDEPENDENT AUDITORS' REPORT Wesley B. Price III, CPA Candace S. Fronk, CPA Board of Commissioners Deschutes County, Oregon We have audited the accompanying financial statements of the governmental activities, the business -type activities, each major fund and the aggregate remaining fund information of Deschutes County, Oregon, as of and for the year ended June 30, 2005, which collectively comprise the County's basic financial statements, as listed in the table of contents. These financial statements are the responsibility of the management 975 SW Colorado Suite 200 of Deschutes County, Oregon. Our responsibility is to express opinions on these basic Bend, OR 97702 financial statements based on our audit. Tel (541) 382-4791 Fax (541) 388-1124 We conducted our audit in accordance with generally accepted auditing standards in www.bendcpa.com the United States of America and Government Auditing Standards, issued by the email@bendcpa.com Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinions. In our opinion, the basic statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, the business - type activities, each major fund, and the aggregate remaining fund information of Deschutes County, Oregon, as of June 30, 2005, and the respective changes in financial position and cash flows where applicable, thereof, for the year then ended, in conformity with generally accepted accounting principles of the United States of America. The accompanying management discussion and analysis starting on page 5 and budgetary comparison information on pages 55-62 are not a required part of the basic financial statements but is supplementary information required by the Governmental Accounting Standards Board. We have applied certain limited procedures, which consisted principally of inquiries of management regarding the methods of measurement and presentation of the required supplementary information. However, we did not audit the information and express no opinion on it. In accordance with Government Auditing Standards, we have also issued our report dated September 29, 2005, on our consideration of Deschutes County's internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts and grant agreements and other matters. The purpose of Board of Commissioners Deschutes County, Oregon that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards and should be considered in assessing the results of our audit. Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the County's basic financial statements. The Other Supplementary Data and the Schedule of Expenditures of Federal Awards as listed in the table of contents are presented for purposes of additional analysis and as required by U.S. Office of Management and Budget Circular A-133, "Audits of State, Local Governments and Non -Profit Organizations", and are not a required part of the basic financial statements. The Required Supplementary Information, Other Supplementary Data and the Schedule of Expenditures of Federal Awards have been subjected to the auditing procedures applied in the audit of the basic financial statements and, in our opinion, are fairly stated in all material respects in relation to the basic financial statements taken as a whole. The Introductory and Statistical sections as listed in the table of contents have not been subjected to the auditing procedures applied in the audit of the basic financial statements, and accordingly, we express no opinion on them. HARRIGAN PRICE FRONK & CO. LLP Certified Public Accountants & Consultants By: Candace S. Fronk - partner September 29, 2005 DESCHUTES COUNTY, OREGON MANAGEMENT'S DISCUSSION AND ANALYSIS JUNE 30, 2005 As management of Deschutes County, we offer readers of Deschutes County's financial statements this narrative overview and analysis of the financial activities of Deschutes County for the fiscal year ended June 30, 2005. We encourage readers to consider this information in conjunction with additional information that we have furnished in our letter of transmittal, which can be found on pages iii -viii of this report. Financial Highlights • The assets of Deschutes County exceeded its liabilities at June 30, 2005, by $95,919,000. Of this amount, $40,613,000 is invested in capital assets, net of related debt, $23,403,000 is restricted for capital projects, debt service and other purposes and $31,903,000 is unrestricted and may be used to meet on-going obligations to citizens and creditors • Total net assets increased by $17,858,000; $15,576,000 of this increase is in unrestricted net assets. • As of June 30, 2005, Deschutes County's governmental funds reported combined ending fund balances of $51,915,000. • As of June 30, 2005, the unreserved fund balance in the General Fund was $5,670,000, or 56% of total General Fund fiscal year 2004-2005 expenditures. • Deschutes County's total debt increased by $1,070,000, or 1%, during the fiscal year ended June 30, 2005. A major factor contributing to this change is due to borrowing $6.7 million for purchase of property, remodel of the County courthouse, updates to existing County facilities, improvements to the County Fair & Expo facilities and road improvements (LID) and repayment of $5.5 million of existing debt. Overview of the Financial Statements This discussion and analysis is intended to serve as an introduction to Deschutes County's basic financial statements. These basic financial statements comprise three components: 1) government -wide financial statements, 2) fund financial statements and 3) notes to the financial statements. This report also contains other supplementary information in addition to the basic financial statements themselves. Government -wide financial statements The government -wide financial statements are designed to provide readers with a broad overview of Deschutes County's finances, in a manner similar to a private -sector business. The Statement of Net Assets presents information on all of Deschutes County's assets and liabilities, with the difference between the two reported as net assets. Over time, increases or decreases in net assets may serve as a useful indicator of whether the financial position of Deschutes County is improving or deteriorating. The Statement of Activities presents information showing how Deschutes County's net assets changed during the fiscal year ended June 30, 2005. Changes in net assets are reported when the underlying event giving rise to the change occurs, regardless of the timing of the related cash, or other financial assets, flows. Thus, revenues and expenses are reported in this statement for some items, for example, property taxes and accrued vacation, that will result in cash flows in future fiscal periods. -5- DESCHUTES COUNTY, OREGON MANAGEMENT'S DISCUSSION AND ANALYSIS JUNE 30, 2005 Each of these government -wide financial statements, Statement of Net Assets and Statement of Activities, distinguish functions of Deschutes County that are supported primarily by taxes and inter -governmental revenues (governmental activities) from other functions that are intended to recover all, or a significant portion of, their costs through user fees and charges (business -type activities). The governmental activities of Deschutes County include general government, general services, public protection, County roads, health and welfare and education. The business -type activities of Deschutes County include Solid Waste operations and the Deschutes County Fair & Expo Center. The government -wide financial statements include seven county service districts: Deschutes County 911 CSD, Extension/4-H CSD, Black Butte Ranch CSD, Sunriver Service District, Bend Library CSD, Redmond Library CSD and Sunriver Library CSD. These entities are legally separate but are included as blended component units based on the criteria described in the Notes to Financial Statements (Note 1 — Summary of Significant Accounting Policies). Requests for copies of the separately issued financial statements for the county service districts should be addressed to Deschutes County Finance Department, 1300 NW Wall Street, Bend, OR 97701. The government -wide financial statements can be found on pages 19-20 of this report. Fund financial statements. A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. Deschutes County, like other state and local government entities, uses fund accounting to ensure and demonstrate compliance with finance -related legal requirements. Each of the funds of Deschutes County is classified in one of three categories: governmental funds, proprietary funds and fiduciary funds. Governmental funds. Governmental funds are used to account for essentially the same functions as governmental activities in the government -wide financial statements. However, unlike the government -wide financial statements, governmental fund financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a government's near-term financing requirements. Because the focus of governmental funds is narrower than that of the government -wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government -wide financial statements. By doing so, readers may better understand the long-term impact of the government's near term financing decisions. A reconciliation from the Governmental Funds Balance Sheet to the Government -wide Statement of Net Assets and a reconciliation from the Governmental Funds Statement of Revenues, Expenditures and Changes in Fund Balances to the Government -wide Statement of Activities have been included in this report. Deschutes County reported activity in 78 individual governmental funds during the fiscal year ended June 30, 2005. Information is presented separately in the governmental funds Balance Sheet and in the governmental fund Statement of Revenues, Expenditures and Changes in Fund Balances for the General Fund and the County's major funds (Sheriffs Office, Mental Health, Road and Project Development Funds). Data from all other governmental funds are combined into a single, aggregated presentation. Individual data for each of these non -major governmental funds is provided in the form of combining statements in the "Other Supplementary Data" section of this report and in the budget to actual comparison schedules. DESCHUTES COUNTY, OREGON MANAGEMENT'S DISCUSSION AND ANALYSIS JUNE 30, 2005 Deschutes County adopts an annual budget for each of its funds. A budgetary comparison statement has been provided for each of these funds to demonstrate compliance with the annual budget. The Basic Governmental Fund Financial Statements can be found on pages 21-24 of this report. Proprietary funds. Deschutes County maintains two different types of proprietary funds. Enterprise funds are used to report the same functions as business -type activities in the government -wide financial statements. Deschutes County uses enterprise funds to account for its Solid Waste and Fair & Expo Center operations. Internal service funds are an accounting device used to accumulate and allocate costs internally among Deschutes County's various functions. Deschutes County uses internal service funds to account for its building, administrative, finance, legal, personnel, information technology and insurance services. Because these services predominately benefit governmental rather than business -type functions, they have been included within governmental activities in the government -wide financial statements. Proprietary funds financial statements provide similar, but more detailed, information as the government - wide financial statements. The proprietary fund financial statements provide information separately for the Solid Waste and the Fair & Expo Center operations, both of which are considered to be major funds of Deschutes County. The internal service funds are combined into a single, aggregated presentation in the proprietary funds financial statements. Individual fund data for the internal service funds is provided in the form of combining statements in the "Supplementary Data" section of this report and in the budget to actual comparison schedules. The Basic Proprietary Funds Financial Statements can be found on pages 25-27 of this report Fiduciary funds. Fiduciary funds are used to account for resources held for the benefit of parties outside the government. Fiduciary funds are not reflected in the government -wide financial statements because the resources of those funds are not available to support Deschutes County's own programs. The Basic Fiduciary Funds Statement of Assets and Liabilities can be found of page 28 of this report. Notes to the financial statements. The notes provide additional information that is essential to a full understanding of the data provided in the government -wide and fund financial statements. The notes to the financial statements can be found on pages 29-52 of this report. Other information. In addition to the basic financial statements and accompanying notes, this report also presents as required supplementary information, the budgetary comparisons for the General Fund and major special revenue funds. Required supplementary information begins on page 55. The combining statements referred to above in connection with non -major governmental funds and internal service funds are presented in the "Other Supplementary Data" section of this report. Government -wide Financial Analysis Net assets, at a specific point in time, serve as a useful indicator of an entity's financial position. In the case of Deschutes County, assets exceed liabilities by $95,919,000 at June 30, 2005. Forty-two percent of Deschutes County's net assets represent its investment in capital assets (land, infrastructure, buildings and equipment) less the related outstanding debt issued to acquire those capital assets. Deschutes County uses these capital assets to provide services to citizens and these net assets are -7- DESCHUTES COUNTY, OREGON MANAGEMENT'S DISCUSSION AND ANALYSIS JUNE 30, 2005 not available for future spending. Although Deschutes County's investment in its capital assets is reported net of related debt, the resources needed to repay this debt must be provided from other sources, as the capital assets will not be liquidated to service the debt. Twenty-four percent of Deschutes County's net assets are restricted for use in its long-term capital projects and debt service requirements. The remaining thirty-three percent, $31,903,000, of Deschutes County's net assets may be used to meet the County's on- going obligations to citizens and creditors. As of June 30, 2005, Deschutes County reports positive balances in all three categories of net assets (capital assets net of debt, restricted and unrestricted) for the government as a whole and for the governmental activities. Current and other assets Capital assets Total assets Long-term liabilities outstanding Other liabilities Total liabilities Net assets: Invested in capital assets, net of related debt Restricted Unrestricted Total net assets DESCHUTES COUNTY'S Net Assets Governmental activities Business -type activities Total 2005 2004 2005 2004 2005 2004 $ 84,123,794 $ 80,256,809 $ 24,711,469 $ 20,164,976 $ 108,835,263 $ 100,421,785 79.850.600 70.982.584 36.436.687 36.774.548 116.287.287 107.757,132 163.974.394 151.239,393 61.148.156 56.939,524 225.122,550 208.178.917 79,232,964 77,702,557 40,632,890 38,633,752 119,865,854 116,336,309 7.264.246 11,362.348 2.072.980 2.418.482 9.337.226 13.780.830 86.497.210 89,064,905 42.705.870 41.052.234 129.203.080 130.117.139 28,248,171 21, 977,138 15,300,732 21,835,161 33.928.281 $ 77.477.184 18.362.189 $ 62.174.488 12,364,858 12,500,715 8,102,596 5,421,536 (2.025.168) (2.034.962) $ 18.442.286 $ 15.887289 40,613,029 34,477,853 23,403,328 27,256,697 31.903.113 16.327.227 $ 95.919.470 $ 78.061.777 Deschutes County's net assets increased by nearly $18 million during the year ended June 30, 2005, allowing for the repayment of long-term debt and increase in operating and capital reserves. INCREASE DUE TO GOVERNMENTAL ACTIVITIES • Due to pending litigation regarding Oregon Public Employee Retirement System pension plan, the County established a reserve which increased by $2.1 million in fiscal year 2005. • The Road Department activities resulted in an increase to the County's net assets of nearly $4 million of resources which were used for infrastructure improvements. • In order to achieve a reserve balance approximately equal to one month of operating expenses, the County's Mental Health Department has not been filling all authorized personnel positions. This resulted in an increase in net assets of nearly $1 million. • Sunriver Service District, a blended component unit of the County established July 1, 2002, plans to increase its reserves to improve its economic stability. During fiscal year 2004-2005, its reserves increased by nearly $300,000. DESCHUTES COUNTY, OREGON MANAGEMENT'S DISCUSSION AND ANALYSIS JUNE 30, 2005 • Effective July 1, 2003, the tax rate for Deschutes County 911 County Service District's tax rate was increased to build resources for future technological upgrades and staff retention. As a result, its net assets increased by approximately $1 million. • The County's Community Development Department is directly affected by business cycles which determine the level of development in the County. During fiscal year 2004-2005, the economy had a favorable impact on development, allowing it to set aside $1.4 million to minimize the negative impact of an economic downturn. • Taxes levied and used for the repayment of bonds resulted in an increase to the County's net assets of $2.9 million. • In order to meet future unforeseeable risks, the County's charges to operating funds for health benefits, general liability, property damage, vehicle, workers' compensation and unemployment insurance provide an increase in these funds' reserves of nearly $1 million. INCREASE DUE TO BUSINESS -TYPE ACTIVITIES Current year activities of the County's solid waste enterprise provided resources to increase its reserves by $2 million for the future costs associated with the closure and postclosure responsibilities of the landfills. in Program revenues: Charges for services Grants and contributions General revenues: Property taxes Other taxes Other Total revenues Expenses: General government General services Public protection County roads Health and welfare Education Interest on long-term debt Solid waste Fair & expo center Total expenses Increase in net assets before transfers Transfers Change in net assets Net assets, beginning Net assets, ending DESCHUTES COUNTY, OREGON MANAGEMENT'S DISCUSSION AND ANALYSIS JUNE 30, 2005 DESCHUTES COUNTY'S Changes in Net Assets Governmental activities Business -type activities Total 2005 2004 2005 2004 2005 2004 $ 38,256,550 $ 33,678,880 $ 9,008,063 $ 8,267,518 $ 47,264,613 $ 41,946,398 24,612,939 22,564,184 75,496 109,555 24,688,435 22,673,739 37,352,996 32,534,677 3,048,662 3,004,567 1,736,971 5,962,135 105,008,118 97,744,443 571,128 328,770 18,301,423 14,619,177 35,908,104 36,085,016 9,133,389 8,241,978 20,471,295 19,222,151 1,151,264 1,143,468 3,486,134 3,265,500 89,022,737 82,906,060 15, 985, 381 14, 838, 383 (682,685) (294,227) 15,302,696 14,544,156 62,174,488 47,630,332 $ 77.477.184 $ 62.174.488 1,904,154 1,844,947 382,069 229,703 11,369,782 10,451,723 5,291,801 3,611,080 4,205,671 3,805,532 9,497,472 7,416,612 1,872,310 3,035,111 682,685 294,227 2,554,995 3,329,338 15, 887, 291 $ 18.442.286 12, 557, 953 $ 15.887.291 -10- 39,257,150 34,379,624 3,048,662 3,004,567 2,119,040 6,191,838 116, 377, 900 108,196,166 571,128 328,770 18,301,423 14,619,177 35,908,104 36,085,016 9,133,389 8,241,978 20,471,295 19,222,151 1,151,264 1,143,468 3,486,134 3,265,500 5,291,801 3,611,080 4,205,671 3,805,532 98,520,209 90,322,672 17, 857, 691 17, 873,494 17,857,691 17,873,494 78,061,779 $ 95.919.470 $ 60,188,285 78.061.779 DESCHUTES COUNTY, OREGON MANAGEMENT'S DISCUSSION AND ANALYSIS JUNE 30, 2005 Expenses and Program Revenues - Governmental Activities 40,000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 0 General government General services Public protection ■ Expenses Revenues by Source - Governmental Activities Property taxes 36% Capital grant: contributio 1% County roads Health and Welfare Education Interest on long-term debt Othertaxes 3% contributions 22% -11- Charges for services 36% ther M DESCHUTES COUNTY, OREGON MANAGEMENT'S DISCUSSION AND ANALYSIS JUNE 30, 2005 Expenses and Program Revenues - Business -type Activities 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 Solid waste Fair and expo center Revenues by Source - Business -type Activities Charges for service 78% Other 4% -12- Operating grants and contributions 1% operty taxes 17% DESCHUTES COUNTY, OREGON MANAGEMENT'S DISCUSSION AND ANALYSIS JUNE 30, 2005 Financial Analysis of the County's Funds Deschutes County uses fund accounting to ensure and demonstrate compliance with finance -related legal requirements. Governmental funds. The focus of Deschutes County's governmental funds is to provide information on near-term inflows, outflows and balances of spendable resources. Such information is useful in assessing Deschutes County's financing requirements. In particular, unreserved fund balance may serve as a useful measure of a government's net resources available for spending as of the end of the fiscal year. As of June 30, 2005, $51,915,000 is the reported combined ending fund balance for Deschutes County's governmental funds, an increase of $6,082,000 from June 30, 2004. Fifty-eight percent of this increase, $3.5 million, was generated by the County's major funds. Expenditures from the County's capital project funds account for a decrease in governmental fund balances of $3 million. Non -major special revenue funds, specifically the reserve fund for future increase in pension plan rates, community development and the Deschutes County 911 show an increase in fund balance of $5.8 million. As of June 30, 2005, the fund balance of Deschutes County's General Fund is $5,670,000, all unreserved. One measure of the General Fund's liquidity is the relationship of both the unreserved and the total fund balance to the Fund's total expenditures. The fund balance as of June 30, 2005, for the General Fund is 56% of total General Fund fiscal year 2004-2005 expenditures. Deschutes County's General Fund balance increased by $555,000 during the fiscal year ended June 30, 2005. Many offsetting factors contribute the this increase. Increases in the amount of property tax revenues and continued robust recording activity in the Clerk's Office result in an increased fund balance. Proprietary funds. The information presented in the proprietary funds statement is similar to that in the government -wide financial statements, but provides greater detail. At June 30, 2005, unrestricted net assets of the Solid Waste Department were a deficit of $744,000 and for the Fair & Expo Center were a deficit of $1,282,000. General Fund Budgetary Highlights There were no differences, other than appropriation transfers, between the General Fund's budget as originally adopted and the final amended budget. General Fund actual revenues exceeded estimated revenues by $1,942,000. Taxes exceeded the budgeted amount by nearly $500,000 and fees for services, primarily from the County Clerk's Office activities, exceeded the estimated revenues by $1,009,000. Capital Asset and Debt Administration Capital Assets. Deschutes County's investment in capital assets for its governmental and business -type activities as of June 30, 2005, is $116,287,000, net of accumulated depreciation. This investment in capital assets includes land, buildings, equipment and infrastructure such as roads and bridges. The net increase in capital assets for the year ended June 30, 2005, was 8%. -13- DESCHUTES COUNTY, OREGON MANAGEMENT'S DISCUSSION AND ANALYSIS JUNE 30, 2005 Changes in the County's capital assets during the year ended June 30, 2005, were due to the following: • Acquisition of $2.3 million of land for current and future County use. • Infrastructure (roads, bridges, culverts) increased by $3,517,000 during the fiscal year. • Major remodeling and expansion of the County's Justice Center and renovation of the County's historic courthouse. Additional information on Deschutes County's capital assets is included in Note III.D on page 38 of this report. Long-term debt. As of June 30, 2005, Deschutes County's outstanding bonded debt was $98,717,000. Of this, $85,119,000 is backed by the full faith and credit of the County and $1,137,000 is special assessment debt for which the County is liable in the event of default by the property owners subject to the assessment. General Obligation Bonds OR Local Government Pension Bonds Full Faith & Credit Obligation Special assessment debt with governmental commitment Total DESCHUTES COUNTY'S Outstanding Debt Bonds Governmental activities 2005 2004 $ 23,264,185 $ 25,219,084 12,460, 396 12, 485, 979 30,771,585 26.094.766 1,137,498 1,132,202 $ 67,633,664 $ 64,932,031 Business -type activities Total 2005 2004 2005 2004 $ 22,230,000 $ 23,190,000 8.853.415 6.190.234 $ 31,083,415 $ 29,380,234 $ 45,494,185 $ 48,409,084 12, 460, 396 12, 485, 979 39.625.000 32.285.000 1,137,498 1,132,202 $ 98,717,079 $ 94,312,265 Deschutes County's bonded debt increased by $4,400,000 (5%) during the fiscal year. This is due mainly to the issuance of $8,500,000 in bonds for the addition of capital assets at the County's Fair & Expo Center ($2.8 million) remodeling of the County's historic courthouse, purchase of land and other general capital projects ($3.5 million), special assessment for LID ($370,000) and the refunding of certificates of participation ($1.8 million) and the repayment of $4,100,000 of existing bonded debt. Deschutes County's most recent debt issue was rated Al by Moody's Investors Services. State statutes limit the amount of general obligation debt a governmental entity may issue to 2% of its real market value. With real market value of $17.6 billion, the current debt limitation for Deschutes County is $352,345,000. The County's current general obligation of $45,494,000 represents 13% of this limitation. Additional information on Deschutes County's long-term debt is included in Note III. F. on pages 40-44 of this report. -14- DESCHUTES COUNTY, OREGON MANAGEMENT'S DISCUSSION AND ANALYSIS JUNE 30, 2005 Key Economic Factors and Budgets Information for the Future The unemployment rate in the State of Oregon is one of the highest in the United States, but the economy of Deschutes County has been robust, especially in residential and commercial construction. Deschutes County has experienced the highest population growth rate of all Oregon counties over the past twelve years. The County's taxable assessed value is expected to increase from fiscal year 2004-2005 to fiscal year 2005-2006 by 9.4%, to approximately $13.3 billion. Requests for Information This financial report is designed to provide a general overview to those parties interested in Deschutes County's finances. Questions concerning any of the information provided in this report or requests for additional information should be addressed to Deschutes County Finance Department, 1300 NW Wall Street, Bend, OR 97701. -15- This page intentionally left blank. BASIC FINANCIAL STATEMENTS This page intentionally left blank. DESCHUTES COUNTY, OREGON STATEMENT OF NET ASSETS JUNE 30, 2005 LIABILITIES Accounts payable Governmental Business -Type 3,090,827 Accrued interest Activites Activities Total ASSETS 408,521 381,958 790,479 Cash and cash equivalents $ 22,726,842 $ 8,225,746 $ 30,952,588 Investments, plus accrued interest 36,341,211 14,096,119 50,437,330 Restricted cash 15,327 - 15,327 Taxes receivable 1,743,464 76,761 1,820,225 Accounts receivable 2,386,808 555,045 2,941,853 Notes and contracts receivable, net of allowance 5,764,331 - 5,764,331 Assessments receivable 1,149,783 - 1,149,783 Prepaid items - 127,292 127,292 Inventory 766,609 - 766,609 Total current assets 70,894,375 23,080,963 93,975,338 Other assets 13,229,419 1,630,506 14,859,925 Capital assets: Land 8,276,684 635,188 8,911,872 Construction in progress 1,497,487 1,229,376 2,726,863 Infrastructure 8,974,877 - 8,974,877 Land improvements 3,030,800 12,491,456 15,522,256 Building & improvements 48,936,655 19,199,065 68,135,720 Equipment & vehicles 9,134,097 2,881,602 12,015,699 Total capital assets 79,850,600 36,436,687 116,287,287 Total assets 163,974,394 61,148,156 225,122,550 LIABILITIES Accounts payable 2,840,990 249,837 3,090,827 Accrued interest 332,035 156,134 488,169 Unearned revenues 408,521 381,958 790,479 Compensated absences 5,194,339 205,112 5,399,451 Long term debt: 96,504 - 96,504 Due within one year 3,682,700 1,285,051 4,967,751 Due in more than one year 72,369,571 31,051,461 103,421,032 Accrued claims payable 1,669,054 - 1,669,054 Accrued landfill closure costs - 9,376,317 9,376,317 Total liabilities 86,497,210 42,705,870 129,203,080 Net Assets Invested in capital assets, net of related debt 28,248,171 12,364,858 40,613,029 Restricted for: Capital projects 12,678,206 8,102,596 20,780,802 Debt service 2,526,022 - 2,526,022 Road projects 96,504 - 96,504 Unrestricted 33,928,281 (2,025,168) 31,903,113 Total net assets $ 77,477,184 $ 18,442,286 $ 95,919,470 The notes to the financial statements are an integral part of this statement. -19- DESCHUTES COUNTY, OREGON STATEMENT OF ACTIVITIES FOR THE YEAR ENDED JUNE 30, 2005 Activities: Expenses Governmental 2,433,134 General government $ 571,128 General services 18,301,423 Public protection 35,908,104 County roads 9,133,389 Health and welfare 20,471,295 Education 1,151,264 Interest and fiscal charges 3,486,134 Total governmental activities 89,022,737 Business -type: Solid waste Fair and Expo Center Total business -type activities Total Deschutes County Net (Expense) Revenue and Program Revenues Changes in Net Assets Fees, Fines and Operating Capital Grants Charges for Grants and and Governmental Business -Type Services Contributions Contributions Activities Activities Total $ 9,351 $ - $ _ 17,206,627 2,127,853 1,400,077 4,808,358 3,901,814 78,579 12,685,581 518,290 8,000 2,396,392 16,578,326 - 1,150,241 - 38,256,550 23,126,283 1,486,656 5,291,801 7,102,223 - 4,205,671 1,905,840 75,496 9,497,472 9,008,063 75,496 $ (561,777) $ $ (561,777) 2,433,134 2,433,134 (27,119,353) - (27,119,353) 4,078,482 4,078,482 (1,496,577) (1,496,577) (1,023) - (1,023) (3,486,134) (3,486,134) (26,153,248) - (26,153,248) 1,810,422 1,810,422 (2,224,335) (2,224,335) (413,913) (413,913) $ 98,520,209 $ 47,264,613 $ 23,201,779 $ 1,486,656 (26,153,248) (413,913) (26,567,161) General revenues: Taxes: Property taxes, levied for general purposes Property taxes, levied for sheriff services Property taxes, levied for bonded debt Transient room tax Earnings on investments Interfund gain (loss) on transfer of assets Loss on sale of capital assets Transfers: Total general revenues and transfers Change in net assets Net assets - beginning Net assets - ending The notes to the financial statements are an integral part of this statement. -20- 21,637,975 - 21,637,975 12,890,168 - 12,890,168 2,824,853 1,904,154 4,729,007 3,048,662 - 3,048,662 1,758,483 427,756 2,186,239 671 (671) - (22,183) (45,016) (67,199) (682,685) 682,685 41,455,944 _ 2,968,908 44,424,852 15,302,696 2,554,995 17,857,691 62,174, 488 15, 887, 291 78, 061, 779 $ 77,477,184 $ 18,442,286 $ 95,919,470 DESCHUTES COUNTY, OREGON GOVERNMENTAL FUNDS BALANCE SHEET JUNE 30, 2005 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ 390,052 $ 209,787 $ 153,652 $ 280,003 $ 1,482 Other Total Deficit in pooled cash accounts - - - - Project Governmental Governmental Deposits General Fund Sheriff Mental Health Road Development Funds Funds ASSETS - - - - - 400,000 400,000 Cash and cash equivalents $ 2,243,738 $ 615,007 $ 952,191 $ 2,132,322 $ 2,554,140 $ 11,353,765 $ 19,851,163 Investments, plus accrued interest 3,844,009 1,054,039 1,631,585 3,653,486 4,377,453 16,820,443 31,381,015 Restricted cash - - - - - 15,327 15,327 Taxes receivable 569,612 470,229 - - - 703,624 1,743,465 Accounts receivable 207,243 91,509 224,502 151,057 - 1,631,470 2,305,781 Notes and contracts receivable - - 81,023 - 3,359,566 2,682,320 6,122,909 Assessments receivable - - - - 1,149,784 1,149,784 Due from other funds - - - - - 400,000 400,000 Inventory - - - 766,609 - - 766,609 Prepaid expenses 7,175 - - 1,725 - - 8,900 Total assets $ 6,871,777 $ 2,230,784 $ 2,889,301 $ 6,705,199 $ 10,291,159 $ 34,756,733 $ 63,744,953 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ 390,052 $ 209,787 $ 153,652 $ 280,003 $ 1,482 $ 1,611,157 $ 2,646,133 Deficit in pooled cash accounts - - - - - 18,476 18,476 Deposits 72,778 - - - - 3,200 75,978 Due to other funds - - - - - 400,000 400,000 Deferred revenues 739,242 376,183 81,023 - 3,327,804 4,165,576 8,689,828 Total liabilities 1,202,072 585,970 234,675 280,003 3,329,286 6,198,409 11,830,415 Fund balances: Reserved for: Inventory - - - 766,609 - - 766,609 Unreserved 5,669,705 1,644,814 2,654,626 5,658,587 6,961,873 - 22,589,605 Unreserved, reported in nonmajor: Special revenue funds - - - - - 24,853,323 24,853,323 Debt service funds - - - - - 1,638,674 1,638,674 Capital project funds - - 2,066,327 2,066,327 Total fund balances 5,669,705 1,644,814 2,654,626 6,425,196 6,961,873 28,558,324 51,914,538 Total liabilities and fund balances $ 6,871,777 $ 2,230,784 $ 2,889,301 $ 6,705,199 $ 10,291,159 $ 34,756,733 $ 63,744,953 The notes in the financial statements are an integral part of this statement. -21- DESCHUTES COUNTY, OREGON RECONCILIATION OF THE GOVERNMENTAL FUNDS BALANCE SHEET TO THE STATEMENT OF NET ASSETS JUNE 30, 2005 Total fund balances for governmental funds $ 51,914,538 Total net assets reported for governmental activities in the statement of net assets is different because: Capital assets used in governmental activities are not financial resources and therefore are not reported in the funds. Those assets consist of: Land 8,276,684 Construction in progress 1,497,487 Infrastructure, net of $632,302 accumulated depreciation 8,974,877 Land improvements, net of $921,320 accumulated depreciation 2,941,731 Buildings and improvements, net of $8,837,243 accumulated depreciation 48,936,655 Equipment and vehicles, net of $11,687,460 accumulated depreciation 8,647,165 Total capital assets 79,274,599 Other assets are not financial resources and therefore are not reported in the funds: (79,748,869) Deferred pension expense 11,185,959 Prepaid expenses and deferred issuance costs 1,035,200 Internal service funds are used by the County to charge the cost of insurance, building services, administrative services, finance, legal, personnel and information technology to individual funds. The assets and liabilities of the internal service funds are included in governmental activities in the statement of net assets. Internal service fund net assets are: 6,124,365 Some of the County's receivables will be collected after year-end, but are not available soon enough to pay for the current period's expenditures and therefore are reported as deferred revenues in the funds. 8,023,427 Long term liabilities applicable to the County's governmental activities are not due and payable in the current period and accordingly are not reported as fund liabilities. Interest on long-term debt is not accrued in governmental funds, but rather is recognized as an expenditure when due. All liabilities - both current and long term - are reported in the statement of net assets. Also, during the year, the County refunded some of its existing debt. The amount borrowed is received in governmental funds and increases fund balance. The amount that was sent to the paying agent ($1,953,354) to be escrowed for payment of the old debt ($1,810,000) as it comes due, is paid out of governmental funds and reduces fund balance. The difference between those two amounts ($143,354) will be amortized as an adjustment to interest expense in the statement of activities over the remaining life of the refunded debt. Balances at June 30, 2005 are: Accrued interest on debt (332,035) Certificates of participation (7,360,000) Bonds and notes payable (68,033,664) Capital leases (43,354) Compensated absences (4,692,659) Unamortized deferred cost of refunding debt 996,060 Unamortized premium and discount on bonds (615,252) Long term liabilities (79,748,869) Total net assets of governmental activities $ 77,477,184 The notes to the financial statements are an integral part of this statement. -22- DESCHUTES COUNTY, OREGON GOVERNMENTAL FUNDS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - GOVERNMENTAL FUNDS FOR THE YEAR ENDED JUNE 30, 2005 EXPENDITURES Current: General government 566,691 - - - - Non -major Total 9,059,833 - (260,500) 82,589 7,283,399 Project Governmental Governmental - 17,413,346 - General Fund Sheriff Mental Health Road Development Funds Funds REVENUES - 605,242 11,190,724 Health and welfare 148,345 - 13,031,871 - Taxes $ 14,812,988 $ 12,858,579 $ - $ - $ $ 12,739,194 $ 40,410,761 Licenses and Permits 227,445 - 115,899 - 196,001 539,345 Fines, forfeitures, and penalties 487,747 345,569 25,937 - - 471,782 1,331,035 Investment earnings and rent 234,974 106,137 75,185 162,054 396,443 1,905,258 2,880,051 Intergovernmental 2,556,502 2,455,106 9,828,312 10,880,074 - 15,622,659 41,342,653 Charges for services 2,664,712 486,218 2,818,704 503,178 - 13,378,118 19,850,930 Other - 27,000 - 387,288 1,861,848 852,807 3,128,943 Total revenues 20,984,368 16,278,609 12,864,037 11,932,594 2,258,291 45,165,819 109,483,718 EXPENDITURES Current: General government 566,691 - - - - 566,691 General services 9,059,833 - (260,500) 82,589 7,283,399 16,425,821 Public protection - 17,413,346 - - - 17,764,330 35,177,676 County roads - - - 10,585,482 - 605,242 11,190,724 Health and welfare 148,345 - 13,031,871 - - 10,071,967 23,252,183 Education - - - - - 1,151,264 1,151,264 Debt service: - - 3,514 3,514 Payment to refunded debt escrow agent Principal payments 248,230 - - - - 3,561,475 3,809,705 Interest 5,904 - - - - 3,334,145 3,340,049 Trustee fees - - - - - 7,685 7,685 Debt issuance costs- 3,513,980 - - - 21,096 109,822 130,918 Capital outlay 104,219 752,710 570,936 1,367,516 9,067,542 11,862,923 Total expenditures 10,133,222 18,166,056 13,031,871 11,156,418 1,471,201 52,956,871 106,915,639 Excess (deficiency) of revenues $ 6,425,196 $ 6,961,873 $ 28,558,324 $ 51,914,538 over expenditures 10,851,146 (1,887,447) (167,834) 776,176 787,090 (7,791,052) 2,568,079 OTHER FINANCING SOURCES (USES) Transfers in 156,681 2,650,000 1,340,722 290,000 300,000 13,750,997 18,488,400 Transfers out (10,452,450) (260,500) (150,000) (870,000) (1,039,956) (6,410,658) (19,183,564) Issuance of debt - - - 1,160,311 2,722,797 3,883,108 Discount on debt - - - - (2,222) (4,504) (6,726) Refunding bonds issued - - - - 1,790,000 1,790,000 Premium on refunding bonds - - - - 3,514 3,514 Payment to refunded debt escrow agent - - - - - (1,953,354) (1,953,354) Sale of capital assets - 25,655 - 443 - 466,504 492,602 Total other financing sources and (uses) _(10,295,769) 2,415,155 1,190,722 (579,557) 418,133 10,365,296 3,513,980 Net change in fund balances 555,377 527,708 1,022,888 196,619 1,205,223 2,574,244 6,082,059 Fund balances - beginning 5,114,328 1,117,106 1,631,738 6,228,577 5,756,650 25,984,080 45,832,479 Fund balances - ending $ 5,669,705 $ 1,644,814 $ 2,654,626 $ 6,425,196 $ 6,961,873 $ 28,558,324 $ 51,914,538 The notes in the financial statements are an integral part of this statement. -23- DESCHUTES COUNTY, OREGON RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN THE FUND BALANCES OF GOVERNMENT FUNDS TO THE STATEMENT OF ACTIVITIES FOR THE YEAR ENDED JUNE 30, 2005 Net change in fund balances- total governmental funds $ 6,082,059 Source of financial resources that are not revenues in the current period Loan proceeds (3,876,382) Repayments from borrowers (2,446,767) Taxes previously reported on Statement of Operating Activities (9,104) Refunding proceeds (1,793,514) Disinvestment in LLC (229,099) (8,354,866) Use of financial resources that are not expenses in the current period Loans made 1,024,774 Repayments to lenders 4,158,024 Acquisition of capital assets 12,634,775 Bond issuance costs 130,918 Payment to refunding escrow 1,953,354 19,901,845 Revenues that do not provide current financial resources Accrued interest revenue 42,052 Notes receivable for LID assessments 358,278 400,330 Expenses that do not use current financial resources Depreciation expense (3,193,499) Bad debt expense (208,579) Accrued interest expense (17,732) Amortization of deferred pension cost (486,346) Amortization of deferred refunding cost (109,225) Amortization of bond issuance cost (46,864) Amortization of bond premium / (discount) 53,969 Recognition of prepaid expenses (965) Increase in accrued compensated absences (84,248) Book value (cost less accumulated depreciation) of capital assets sold (523,036) (4,616,525) Internal service fund 1,889,853 Total adjustments - year ended June 30, 2005 9,220,637 Change in net assets of governmental activities - year ended June 30, 2005 $ 15,302,696 The notes to the financial statements are an integral part of this statement. -24- DESCHUTES COUNTY, OREGON PROPRIETARY FUNDS STATEMENT OF NET ASSETS JUNE 30, 2005 Enterprise Funds Fair & Expo Solid Waste Center Total ASSETS 193,866 Current assets: - Cash and cash equivalents $ 6,889,031 Investments, plus accrued interest 11,806,872 Accounts receivable 544,948 Taxes receivable _ Prepaid items _ Total current assets 19,240,851 Noncurrent assets: 193,866 Capital assets: - Land 502,503 Construction in progress 1,229,376 Land improvements 5,233,020 Buildings and improvements 470,793 Equipment and vehicles 2,249,302 Total capital assets 9,684,994 Other - Deferred financing costs 131,984 Total assets 29,057,829 LIABILITIES Current liabilities: Accounts payable 193,866 Unearned revenues - Interest payable 21,308 Accrued claims payable - Bonds and notes payable 124,720 Total current liabilities 339,894 Noncurrent liabilities $ 8,225,746 Bonds and notes payable, less current portion 5,842,352 Discount on bonds payable - Premium on bonds payable 44,747 Accrued compensated leave 107,524 Accrued landfill closure and postclosure costs 9,376,317 Total noncurrent liabilities 15,370,940 Total liabilities 15,710,834 NET ASSETS Invested in capital assets, net of related debt 8,455,618 Restricted for capital projects 5,634,900 Unrestricted (743,526) Total net assets $ 13,346,995 The notes to the financial statements are an integral part of this statement. -25- $ 1,336,715 $ 8,225,746 2,289,247 14,096,119 10,097 555,045 76,761 76,761 127,292 127,292 3,840,112 23,080,963 132,685 635,188 - 1,229,376 7,258,436 12,491,456 18,728,272 19,199,065 632,300 2,881,602 26,751,693 36,436,687 1,498,522 1,630,506 32,090,327 61,148,156 55,971 249,837 381,958 381,958 134,826 156,134 1,160,331 1,285,051 1,733,086 2,072,980 24,469,014 30,311,366 (5,336) (5,336) 700,684 745,431 97,588 205,112 - 9,376,317 25,261,950 40,632,890 26,995,036 42,705,870 Internal Service Funds $ 2,894,155 4,960,191 81,028 3,300 7,938,674 89,069 486,933 576,002 8,514,676 194,855 24,721 1,669,054 1,888,630 501,680 501,680 2,390,310 3,909,240 12,364,858 346,665 2,467,696 8,102,596 - (1,281,645) (2,025,171) 5,777,701 $ 5,095,291 $ 18,442,286 $ 6,124,366 DESCHUTES COUNTY, OREGON PROPRIETATY FUNDS STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS FOR THE YEAR ENDED JUNE 30, 2005 OPERATING REVENUES Charges for services Miscellaneous Total operating revenues OPERATING EXPENSES Personnel Materials and services Landfill closure/postclosure care costs Depreciation Total operating expenses Operating income (loss) NONOPERATING REVENUES (EXPENSES) Grants Property taxes Investment earnings Rents Amortization of debt issuance costs Interest expense Interfund transfer of assets Gain (loss) on equipment disposition Total nonoperating revenues (expenses), net Income (loss) before transfers Transfers in Transfers out Change in net assets Total net assets - beginning Total net assets - ending Enterprise Funds Fair & Expo Internal Solid Waste Center Total Service Funds $ 7,043,815 $ 1,905,840 $ 8,949,655 $ 17,053,144 58,408 - 58,408 1,745 7,102,223 1,905,840 9,008,063 17,054,889 - - - 1,345,895 828,184 2,174,079 4,737,808 2,584,374 1,533,057 4,117,431 10,483,788 540,950 - 540,950 - 556,692 708,092 1,264,784 269,775 5,027,911 3,069,333 8,097,244 15,491,371 2,074,312 (1,163,493) 910,819 1,563,518 - 75,496 75,496 - - 1,904,154 1,904,154 - 376,633 51,123 427,756 154,564 - - - 9,036 (4,714) (131,285) (135,999) - (259,173) (1,005,055) (1,264,228) (3,385) (671) - (671) 21,212 (45,016) - (45,016) (256) 67,059 894,433 961,492 181,171 2,141,371 (269,060) 1,872,311 1,744,689 2,850,000 964,691 3,814,691 565,164 (2,850,000) (282,006) (3,132,006) (420,000) 2,141,371 413,625 2,554,996 1,889,853 11,205,624 4,681,666 15,887,290 4,234,513 $ 13,346,995 $ 5,095,291 $ 18,442,286 $ 6,124,366 The notes to the financial statements are an integral part of this statement. -26- DESCHUTES COUNTY, OREGON PROPRIETARY FUNDS STATEMENT OF CASH FLOWS FOR THE YEAR ENDED JUNE 30, 2005 CASH FLOWS FROM OPERATING ACTIVITIES Receipts from customers Payments to employees Payments to suppliers Internal activity - payments from other funds Other receipts Net cash provided (used) by operating activities CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES Property taxes Grants Rents Sale of capital assets Interfund transfers in Net cash provided by noncapital financing activities CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Purchase of capital assets Loan proceeds Bond issuance costs Discounts on loans Principal paid on capital debt Interest paid on capital debt Net cash provided (used) by capital and related financing activities CASH FLOWS FROM INVESTING ACTIVITIES Sale (purchase) of Investments Interest Net cash provided (used) by investing activities Net increase (decrease) in cash and cash equivalents Balances - beginning of year Balances - end of year Reconciliation of operating income (loss) to net cash provided (used) by operating activities: Operating income (loss) Adjustments to reconcile operating income to net cash provided (used) by operating activities: Depreciation expense Change in assets and liabilities Receivables, net Prepaid expenses Accounts and other payables Net cash provided (used) by operating activities Enterprise Funds Fair & Expo Internal Solid Waste Center Total Service Funds $ 7,014,683 $ 2,050,365 $ 9,065,048 $ 1,805,600 (1,333,596) (818,136) (2,151,732) (4,694,904) (2,500,097) (1,517,830) (4,017,927) (11,337,828) - - - 15,228,119 58,408 - 58,408 2,145 3,239,398 (285,601) 2,953,797 1,003,132 - 1,913,434 1,913,434 - - 75,496 75,496 - - - 9,036 525 - 525 - - 300,000 300,000 145,164 525 2,288,930 2,289,455 154,200 (1,513,745) (35,718) (1,549,463) (198,992) - 2,786,892 2,786,892 - - (53,056) (53,056) - - (5,336) (5,336) - (225,053) (974,430) (1,199,483) (81,463) (261,789) (1,031,997) (1,293,786) (3,384) (2,000,587) 686,355 (1,314,232) (283,839) (2,464,543) (1,798,506) (4,263,049) (1,188,201) 374,815 43,904 418,719 152,582 (2,089,728) (1,754,602) (3,844,330) (1,035,619) (850,392) 935,082 84,690 (162,126) 7,739,425 401,633 8,141,058 3,056,281 $ 6,889,033 $ 1,336,715 $ 8,225,748 $ 2,894,155 $ 2,074,308 $ (1,163,491) $ 910,817 $ 1,563,918 556,692 708,092 1,264,784 269,775 (29,132) 12,979 (16,153) (48,108) (15,790) (15,790) (3,300) 637,530 172,609 810,139 (779,153) $ 3,239,398 $ (285,601) $ 2,953,797 $ 1,003,132 The notes to the financial statements are an integral part of this statement. -27- DESCHUTES COUNTY, OREGON FIDUCIARY FUNDS STATEMENT OF FIDUCIARY ASSETS AND LIABILITIES JUNE 30, 2005 ASSETS Cash and cash equivalents Investments, plus accrued interest Accounts receivable Total assets LIABILITIES Accounts payable Due to other governments Due to others Total liabilities NET ASSETS $ 4,178,630 6,977,878 1,701 11,158,209 14,953 2,322,152 8,821,104 11,158,209 The notes to the financial statements are an integral part of this statement. -28- DESCHUTES COUNTY, OREGON NOTES TO FINANCIAL STATEMENTS JUNE 30, 2005 I — SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES A. Reporting Entitv Deschutes County is a municipal corporation governed by three Commissioners, elected at -large. The accompanying financial statements present the activities of Deschutes County (the County), and its seven (7) component units, entities for which the County is considered to be financially accountable. Blended component units, although legally separate entities, are, in substance, part of the County's operations. Following is a brief review of each component unit included within the reporting entity. Deschutes County Extension and 4-H Service District — furnishes support staff and a program coordinator for Oregon State University Extension Service. Its governing body is the Deschutes County Board of Commissioners. The financial accountability for the District is the responsibility of the County. Deschutes County 911 Service District — operates the County 9-1-1 call center. Its governing body is the Deschutes County Board of Commissioners. The financial accountability for the District is the responsibility of the County. Black Butte Ranch County Service District — Provides police services to Black Butte Ranch, Oregon. Its governing body is the Deschutes County Board of Commissioners. The financial accountability for the District is the responsibility of the County. Sunriver Service District — Provides police and fire services to Sunriver, Oregon. Its governing body is the Deschutes County Board of Commissioners. The financial accountability for the District is the responsibility of the County. Bend Library County Service District, Redmond Library County Service District, Sunriver Library County Service District — Each library county service district was established for the purpose of constructing a library and repaying the general obligation bonds issued to finance the cost of construction. Each library district's governing body is the Deschutes County Board of Commissioners. The financial accountability for each district is the responsibility of the County. These component units described above have been included in these financial statements. Component units' individual audited financial statements are also issued and are available in the Deschutes County Finance Department. There are other districts within the County that have not been included as component units of the County. The Board of County Commissioners appoints the boards of special road districts and vector districts; however, the County Commission does not exercise any administrative or financial control. These districts are autonomous Oregon municipal corporations and are not considered component units of Deschutes County. B. Government -wide and fund financial statements The government -wide financial statements (i.e., the Statement of Net Assets and the Statement of Activities) report information on all non -fiduciary activities of the County and its component units. The effect of interfund activity has been removed from these statements, except where necessary to account for the cost of a program. Governmental activities, which normally are supported by taxes and intergovernmental revenues, are reported separately from business -type activities, which rely to a significant extent on fees and charges for support. -29- DESCHUTES COUNTY, OREGON NOTES TO FINANCIAL STATEMENTS JUNE 30, 2005 The Statement of Activities demonstrates the degree to which the direct expenses of a given function or segment are offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or segment. Program revenues include 1) charges to customers or applicants who purchase, use or directly benefit from goods, services or privileges provided by a given function or segment and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular function or segment. Taxes and other items not properly included among program revenues are reported instead as general revenues. Separate financial statements are provided for governmental funds, proprietary funds and fiduciary funds, even though the latter are excluded from the government -wide financial statements. Major individual governmental and enterprise funds are reported as separate columns in the fund financial statements. C. Measurement focus, basis of accounting and financial statement presentation The government -wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting, as are the proprietary fund and fiduciary fund financial statements. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Property taxes are recognized in the year for which they are levied. Grants and similar items are recognized as revenue if all eligibility requirements imposed by the provider have been met. Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized when they are both measurable and available. Revenues are considered to be available if they are collected during the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the County considers revenues to be available if they are collected within 60 days of the end of the current fiscal period. Expenditures generally are recorded when a liability is incurred, as under accrual accounting. However, debt service, compensated absences, claims and judgments expenditures are recorded at the time such payment is due. Fiduciary fund financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. All fiduciary funds are agency funds. The County has determined the following funds as major governmental funds: General Fund. The financial resources of the general government are accounted for in the General Fund, except those required to be accounted for in another fund. Sheriffs Office. The financial resources of the Sheriff's Office are accounted for in the Deschutes County Sheriff's Fund. This includes the administration, investigations, patrol, corrections and search and rescue activities of the Sheriffs Office. Mental Health. The financial resources of the County's mental health treatment programs for acute care, children and families, alcohol and drug and developmental disabilities. Road. The financial resources of the County's Road Department used for the building, repair and maintenance of the County's roads, bridges, culverts, street lighting and drainage. Project Development. The financial resources related to the County's project development activities. The County has determined that both of its enterprise activities are major. -30- DESCHUTES COUNTY, OREGON NOTES TO FINANCIAL STATEMENTS JUNE 30, 2005 Solid Waste accounts for the operations of the County's sanitary landfill and transfer station sites. Fair & Expo Center accounts for the operations of the County's Fair & Expo Center, including the annual county fair. Additionally, the County reports the following fund types: Internal service funds account for building, administrative, finance, legal, personnel, information technology and insurance services provided to other County departments on a cost reimbursement basis. Agency funds are used for tracking various activities including the accumulation and distribution of property taxes; resources of taxing districts, escrow for contractor retainage and developers, funds prior to adjudication; distribution of the State of Oregon's common school funds, inter -governmental law enforcement activities, justice court; and various other collection and escrow agent activities. Private -sector standards of accounting and financial reporting issued prior to December 1, 1989, generally are followed in both the government -wide and proprietary fund financial statements to the extent that those standards do not conflict with or contradict guidance of the Governmental Accounting Standards Board. Governments also have the option of following subsequent private -sector guidance for their business -type activities and enterprise funds, subject to this same limitation. The County has elected not to follow subsequent private -sector guidance. As a general rule, the effect of interfund activity has been eliminated from the government -wide financial statements. Exceptions to this general rule are charges between the internal service funds and various other functions of the County. Elimination of these charges would distort the costs reported for the various functions concerned. Amounts reported as program revenues include: 1) charges to customers or applicants for goods, services or privileges provided, 2) operating grants and contributions and 3) capital grants and contributions, including special assessments. Internally dedicated resources are reported as general revenues rather than as program revenues. Likewise, general revenues include all taxes. Operating revenues and expenses are reported separately from non-operating items in the Proprietary Funds. Operating revenues and expenses generally result from providing services in connection with a proprietary fund's principal on-going operations. The principal operating revenues of Solid Waste and the Fair & Expo Center are charges to customers for services. Operating expenses for the enterprise funds and internal service funds include the cost of providing services, administrative expenses and depreciation on capital assets. All revenues and expenses not meeting this definition are reported as non-operating revenues and expenses. D. Budget Policy Budgets are prepared on the modified accrual basis for all funds. Except for the Fiduciary Funds, which account for "pass-through" transactions, the County adopts annual budgets for each of its funds as required by state law. The resolution authorizing appropriations for each fund sets the level by which expenditures cannot legally exceed appropriations. Total personal services, materials and services, debt service, capital outlay and other expenditures by department for each fund are the levels of control established by the resolution. The County's published budget contains more specific detailed information for the above mentioned expenditures categories. Unexpected additional resources may be added to the budget through the use of a supplemental -31- DESCHUTES COUNTY, OREGON NOTES TO FINANCIAL STATEMENTS JUNE 30, 2005 budget and appropriation resolution. Original and supplemental budgets may be modified by the use of appropriation transfers between the levels of control. Such transfers require approval of the Board of County Commissioners. Appropriations lapse at year-end. E. Assets, liabilities and net assets or equity 1. Cash and Cash equivalents and Investments Cash and cash equivalents include amounts held as demand deposits and by the Local Government Investment Pool. The cash balances of substantially all funds are pooled and invested by the County Treasurer for the purpose of increasing earnings through investment activities. Investments are reported at fair value as of June 30, 2005, based on market prices and include accrued interest. Earnings on the pooled monies are apportioned and credited to the funds monthly, based on the average daily balances of each participating fund. 2. Receivables and payables All trade and property tax receivables are shown net of an allowance for uncollectibles. Notes receivable in governmental funds include loans that are not expected or scheduled to be collected in the subsequent year. The County is responsible for the assessment, collection and apportionment of property taxes for all jurisdictions within the County. Taxes are levied as of July 1 based on assessed values as of January 1. Property tax payments are due in three equal installments, on November 15, February 15 and May 15. A discount of 3% is available if taxes are paid in full by November 15 and a discount of 2% on the unpaid balance is available if taxes are paid in full by February 15. Property taxes become a lien on the property on July 1. 3. Inventories, prepaids and other assets Inventories are valued at cost using the first in/first out (FIFO) method. The only material inventories of the County are accounted for in the Road Fund. Certain payments to vendors reflect costs applicable to future accounting periods and are reported as prepaid items. Other assets include prepaid pension costs, deferred debt issuance and refunding costs. 4. Restricted assets In accordance with the terms and agreements of some long-term financings, certain assets are restricted for future debt service payments. The County first applies restricted resources when an expense is incurred for purposes for which both restricted and unrestricted net assets are available. 5. Capital assets Capital assets, which include property, plant, equipment and infrastructure (e.g. roads, bridges, sidewalks and similar items), are reported in the applicable governmental or business -type activities columns in the government -wide statement of net assets. Capital assets are defined by the County as assets with an initial individual cost of more than $5,000 and an estimated useful life in excess of two years. Such assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated capital assets are recorded at their fair value at the date of donation. General infrastructure assets, consisting primarily of roads and bridges, acquired prior to July 1, 2002, have not yet been reported. The cost of normal maintenance and repairs that do not add to the value of the asset or materially extend assets' lives are not capitalized. -32- DESCHUTES COUNTY, OREGON NOTES TO FINANCIAL STATEMENTS JUNE 30, 2005 Property, plant and equipment is depreciated using the straight-line method over the following estimated useful lives: Assets Years Buildings 30-60 Building improvements 10-15 Improvements other than buildings 10-30 Equipment and vehicles 3-20 Infrastructure 20-50 The County has several active construction projects as of June 30, 2005. For one of these projects, the renovation of the historic courthouse, the County entered into a construction contract of $1,205,505. As of June 30, 2005, $841,164 had been expended with $364,341 commitment remaining. 6. Compensated absences It is Deschutes County's policy to permit employees to accumulate earned but unused vacation, time management (a leave with pay program, including sick, vacation, family emergency and compensatory time) and sick leave. A liability for the vested portion of such leave is reported in the proprietary and government - wide financial statements. Except in the two cases as noted below, no liability for unpaid accumulated sick leave is recorded because the County does not pay sick leave when employees separate from service with the County. Exceptions to non-payment of sick leave are: 1) Non -represented employees receive one-half of their sick leave earned through June 30, 1994, and 2) Employees who are members of the Public Works union receive one-half of their sick leave upon separation following at least five years of service. A liability for the vested portion of vacation, sick leave and time management is reported in the proprietary and the government -wide financial statements. 7. Long-term obligations In the government -wide statements and the proprietary funds statements, long-term debt and other long- term obligations are reported as liabilities in the applicable governmental activities, business -type activities and proprietary fund type statement of net assets. Bond premiums and issuance costs are deferred and amortized over the life of the bonds using the straight-line method. 8. Fund equity In the fund statements, governmental funds report reservations of fund balance for any amounts that are not available for appropriation or are legally restricted by outside parties for use for a speck purpose. II — STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY A. Budgetary Information Each department of the County submits requests for appropriations to the Budget Officer, who is appointed by the Board of County Commissioners. A proposed budget is prepared by fund, category and line item activity. The proposed budget includes information on the past three years and estimated resources and requested appropriations for the ensuing year. The proposed budget is presented by the Budget Officer to the Budget Committee. The Budget Committee holds public meetings and may make changes to the proposed budget. The Budget Committee submits the budget for adoption to the governing body of the County. The governing body announces a public hearing, and after considering matters discussed, may make changes to the budget prior to its adoption. Such changes cannot exceed 10% of the appropriations of the approved budget or a change in the amount of the -33- DESCHUTES COUNTY, OREGON NOTES TO FINANCIAL STATEMENTS JUNE 30, 2005 ad valorem taxes without re -publication of the budget and another public hearing. After the budget is adopted, changes in appropriations are sometimes necessary. The governing body may make additional appropriations to 1) expend new grant revenues received during the fiscal year, 2) adopt a supplemental budget for occurrences or needs not foreseen at the time the budget was adopted and 3) approve appropriation transfers. It is, however, illegal to overspend an appropriation. In accordance with state statutes, appropriations are approved before the beginning of the fiscal year and terminate June 30 of the year of appropriation. Encumbrances are not reported in the financial statements. B. Excess of expenditures over appropriations For the year ended June 30, 2005, expenditures exceeded appropriations by category (the legal level of budgetary control) as follows: Original Over - Budget Final Budget Actual expenditure Personnel Solid Waste Operations $ 1,327,043 $ 1,331,543 $ 1,333,596 $ (2,053) Materials & Services Community Development $ 1,090,200 $ 1,202,338 $ 1,204,986 $ (2,648) C. Deficit Fund Equity The Administrative Services Internal Service fund has negative fund balances of $7,910. This deficit is due to the recognition of compensated absence expense which will be paid out in future years. At such time payment is necessary, funds will be available to meet this obligation. III. DETAILED NOTES ON ALL FUNDS A. Deposits and Investments Deposits Custodial Credit Risk. Custodial credit risk is the risk that in the event of a bank failure, the government's deposits may not be returned to it. The County's investment policy, in compliance with Oregon Revised Statutes, Chapter 295, requires that the County's deposits with various financial institutions be covered by Federal Depository Insurance. To provide the additional protection required by ORS 295, the County obtained certificates of participation from collateral pool managers. Securities in the pledging bank's name having a value of not less than 25% of the amount of the certificates. These securities are held by a custodian for the benefit of the County. Balances in excess of the FDIC insurance and 25% of the certificate are considered exposed to custodial risk. As of June 30, 2005, $8,385,306 of the County's bank balance of $35,216,304 was exposed to custodial credit risk. -34- DESCHUTES COUNTY, OREGON NOTES TO FINANCIAL STATEMENTS JUNE 30, 2005 Investments As of June 30, 2005, the County had the following investments and maturities: Investment Maturities (in years) Investment Type Fair Value Less than 18 mths 18-24 mths U.S. agencies $ 39,424,072 $ 37,437,192 $ 1,986,880 Commercial paper 7,987,344 7,987,344 - State investment pool 19,690,231 19,690,231 - Total $ 67,101,647 $ 65,114,767 $ 1,986,880 Interest Rate Risk. Interest rate risk is the risk that changes in interest rates will adversely affect the fair value of an investment. As a means of limiting its exposure to fair value losses arising from rising interest rates, the County investment policy requires that a minimum of 80% of the County's investment portfolio have maturities of 18 months or less. The remaining 20% of the County's investments must have maturities of 24 months or less. Credit Risk. Credit risk is the risk that an issuer or other counterparty to an investment will not fulfill its obligation. Oregon Revised Statutes, Chapter 294, authorizes the County to invest in obligations of the United States Treasury and United States Government agencies and instrumentalities, certain bankers' acceptances, repurchase agreements, certain high-grade commercial paper and corporate bonds and obligations of states and municipalities. The County's investment policy has been approved by the County Commission and specifies the County's investment objectives, required diversification, certain limitations and reporting requirements. These requirements limit investments in commercial paper and corporate bonds to 20% of the total portfolio and 5% in any one corporation, subsidiary or affiliate. Commercial paper and corporate bonds must also be in the top two ratings issued by nationally recognized statistical rating organizations (NRSROs). As of June 30, 2005, the County's investments in commercial paper were rated Al by Standard & Poor's, F-1 by Fitch Ratings and P-1 by Moody's Investors Service. The County's investments in U.S. Government agencies is limited to 75% of the portfolio and 50% in any single government sponsored enterprise. The County's investment in the Oregon State Treasurer's investment pool is not rated and is treated as a cash equivalent on the Statement of Net Assets. Custodial Credit Risk. Custodial Credit Risk is the risk that, in the event of the failure of the counterparty to a transaction, the government will not be able to recover the value of an investment or collateral securities in the possession of an outside party. The County's investment policy provides that broker/dealers and financial institutions meet certain qualifications, which are reviewed annually. Concentration of Credit Risk. Concentration of credit risk is the risk of loss attributed to the magnitude of a government's investment in a single issuer. The County's investment policy provides that the maximum that may be invested in any one issuer, as a percentage of the fund's total investments, is 100% for US Treasury, 75% for US Government agencies with 50% of this amount in an single government sponsored enterprise, 100% in the State of Oregon Investment Pool or the maximum imposed by state statute, 25% in Certificates of Deposit with 30% of this amount in any single qualified financial institution, 25% for Banker's Acceptances with 30% of this amount in any single qualified financial institution, 20% for Commercial paper and Corporate notes with 5% of this amount in any one corporation, subsidiaries or affiliates, 25% for State -35- DESCHUTES COUNTY, OREGON NOTES TO FINANCIAL STATEMENTS JUNE 30, 2005 and Local Government Securities, 25% for Repurchase Agreements with 10% of this amount in any single qualified financial institution. On June 30, 2005, the County did not hold investment with any one issuer that exceeded these limits. Foreign Currency Risk. The County's investment policy prohibits investments that are not U.S. dollar- denominated; therefore the County is not exposed to this risk. B. Receivables Receivables as of year-end for the major funds and the nonmajor, internal service and fiduciary funds, in the aggregate, including the applicable allowances for uncollectible accounts are as follows: Property taxes Transient room taxes Accounts Notes and contracts Total Mental General Sheriff Health $ 569,612 $ 470,229 $ - 207,243 91,509 224,502 - - 81,023 Project Road Development Solid Waste _ 151,057 - 544,948 - 3,359,566 - Fair & Nonmajor Total Expo and Other Uneamed and Center Funds Total 76,761 $ 386,503 $ 1,503,105 - 317,120 317,120 10,097 1,712,498 2,941,854 - 3,473,524 6,914,113 $ 776,855 $ 561,738 $ 305,525 $ 151,057 $ 3,359,566 $ 544,948 $ 86,858 $ 5,889,645 $ 11,676,192 Notes and contracts receivable are shown net of a $358,579 allowance for uncollectible accounts. The unearned and deferred revenues reported on the governmental funds balance sheet are either (a) revenues that are earned but are not available to liquidate liabilities of the current period or (b) amounts that have been received but not yet earned. At the end of the current fiscal year, these two components were as follows: General Sheriff Mental health Project development Nonmajor funds Total Unearned and Deferred Revenues Unavailable Property Contracts of Special Taxes Loans Sale Assessments $ 455,689 $ - $ - $ - 376,183 - - - - 81,023- - - - 3,327,804 - 309,203 2,064,545 617,775 1,149,783 $ 1,141,075 $ 2,145,568 $ 3,945,579 $ 1,149,783 $ 8,382,005 $ 307,823 $ 8,689,828 -36- Total Uneamed and Total Not yet Deferred Unavailable Earned Revenues $ 455,689 $ 283,553 $ 739,242 376,183 - 376,183 81,023 - 81,023 3,327,804 - 3,327,804 4,141,306 24,270 4,165,576 $ 1,141,075 $ 2,145,568 $ 3,945,579 $ 1,149,783 $ 8,382,005 $ 307,823 $ 8,689,828 -36- DESCHUTES COUNTY, OREGON NOTES TO FINANCIAL STATEMENTS JUNE 30, 2005 C. Other assets Other assets include both current and non-current assets. The Prepaid Pension Cost and the Deferred Cost of Refunded Debt will be amortized on a straight-line basis over the period benefited. Other Assets - current Prepaid items Other Assets - Lonci-Term Prepaid Pension Cost Series 2002 Series 2004 Total Prepaid Pension Cost Deferred Cost of Issuance Series 2002 Pension Bond Series 2003 Full Faith & Credit Series 2004 Pension Bond Series 2005 Full Faith & Credit Series 2005 LID Total Deferred Cost of Issuance Deferred Cost of Refunded Debt Refunding Series 2002 Refunding Cost of Issuance Bend Library, Series 2003 Refunding Cost of Issuance CDD Refunding Series, 2004 Refunding Cost of Issuance Total Deferred Cost of Refunded Debt Governmental Business -Type Activities Activities Total $ 28,365 $ 127,292 $ 155,657 4,706,445 6,479,514 11,185,959 95,302 557,786 128,592 65,888 11,750 859,318 532,433 41,586 333,305 69,695 130,322 48,436 1,155,777 134,184 53,056 187,240 1,364,884 78,382 11,185,959 1,046,558 1,443,266 2,599,043 Total Other Assets $ 13,229,419 $ 1,757,798 $ 14,987,217 -37- DESCHUTES COUNTY, OREGON NOTES TO FINANCIAL STATEMENTS JUNE 30, 2005 D. Capital assets Capital asset activity for the year ended June 30, 2005, was as follows: Primary Government Capital assets, not being depreciated: Land Construction in progress Total capital assets, not being depreciated Capital assets, being depreciated: Buildings and improvements Improvements other than buildings Equipment and vehicles Infrastructure Total capital assets, being depreciated Less accumulated depreciation for: Buildings and improvements Improvements other than buildings Equipment and vehicles Infrastructure Total accumlated depreciation Beginning Balance Increases Decreases Ending Balance $ 6,284,101 $ 2,312,583 $ (320,000) $ 8,276,684 3,106,944 1,435,240 (3,044,697) 1,497,487 9,391,045 3,747,823 (3,364,697) 9,774,171 54,562,404 3,680,182 3,176,922 842,106 19,734,851 4,070,113 5,715,006 3,892,172 83,189,183 12,484,573 (7,670,461) (1,181,217) (863,439) (124,789) (12,806,222) (1,788,703) (257,518) (374,783) (21,597,640) (3,469,492) (466,263) 57,776,323 4,019,028 (1,365,979) 22,438,985 9,607,178 (1,832,242) 93,841,514 12,011 (8,839,668) - (988,228) 1,290,037 (13,304,888) - (632,301) 1,302,048 (23,765,085) Total capital assets, being depreciated, net 61,591,543 9,015,081 (530,194) 70,076,429 Governmental activities capital assets, net Business -type activities Capital assets, not being depreciated: Land Construction in progress Total capital assets, not being depreciated Capital assets, being depreciated: Buildings and improvements Improvements other than buildings Equipment and vehicles Total capital assets, being depreciated Less accumulated depreciation for: $ 70,982,588 $ 12,762,904 $ (1894,891) $ 79,850,600 $ 336,650 $ 298,538 2,900,988 54,333 3,237,638 352,871 21,403,971 - 13,959,912 1,778,632 4,378,751 597,557 39,742,634 2,376,189 $ - $ 635,188 (1,725,945) 1,229,376 (1,725,945) 1,864,564 21,403,971 15,738,544 (352,758) 4,623,550 (352,758) 41,766,065 Buildings and improvements (1,757,329) (447,577) - (2,204,906) Improvements other than buildings (2,682,412) (564,676) - (3,247,088) Equipment and vehicles (1,765,984) (252,531) 276,566 (1,741,949) Total accumlated depreciation (6,205,725) (1,264,784) 276,566 (7,193,943) Total capital assets, being depreciated, net 33,536,909 1,111,405 (76,192) 34,572,122 Business -type activities capital assets, net $ 36,774,547 $ 1,464,276 $ (1,802,136) $ 36,436,687 -38- DESCHUTES COUNTY, OREGON NOTES TO FINANCIAL STATEMENTS JUNE 30, 2005 Depreciation expense was charged to functions/programs of the primary government as follows: Governmental activities: General government $ 21,892 General services 1,503,360 County roads 750,868 Public protection 841,002 Health and welfare 69,855 Capital Assets held by the government's internal service funds are charged to the various functions Internal based on their usage of the assets 269,775 Accumulated depreciation for interfund transfers 12,740 Total depreciation expense - governmental activities $ 3,469,492 Business -type activities: Solid waste $ 556,692 Fair & Expo Center 708,092 Total depreciation expense - business -type activities $ 1,264,784 E. Interfund Activit Interfund Transfers: Interfund transfers are utilized for the following purposes: General fund transfers to certain special revenue funds requiring additional operating revenues; operating funds transfer to debt service funds to meet annual debt service requirements; and transient room taxes are transferred to the Sheriff's fund to support operations. The purpose of the interfund loan is to provide working capital for the development of the Newberry Neighborhood. Proceeds from the sales of the developed parcels will be used to repay the interfund loan. -39- Transfers In: Non -major Internal Mental Project Fair & Expo and Other Service General Sheriff Health Development Center Fund Funds Total Transfers Out: General Fund $ - $ 570,348 $ 940,722 $ - $ 300,000 $ 8,496,216 $ 145,164 $ 10,452,450 Sheriff - - - - - 260,500 - 260,500 Mental Health - - - 150,000 - - - 150,000 Road - - - - - 870,000 - 870,000 Project Development - - - - - 1,039,956 - 1,039,956 Internal Service - - - - - - 420,000 420,000 Non -major Governmental 156,681 2,079,652 400,000 150,000 382,685 3,215,125 - 6,384,143 Total $ 156,681 $ 2,650,000 $ 1,340,722 $ 300,000 $ 682,685 $ 13,881,797 $ 565,164 $ 19,577,049 Interfund transfers are utilized for the following purposes: General fund transfers to certain special revenue funds requiring additional operating revenues; operating funds transfer to debt service funds to meet annual debt service requirements; and transient room taxes are transferred to the Sheriff's fund to support operations. The purpose of the interfund loan is to provide working capital for the development of the Newberry Neighborhood. Proceeds from the sales of the developed parcels will be used to repay the interfund loan. -39- DESCHUTES COUNTY, OREGON NOTES TO FINANCIAL STATEMENTS JUNE 30, 2005 F. Long -Term Obligations Operating Leases — County as Lessee The County leases buildings and office facilities and equipment under noncancelable operating leases. The total expended for such leases for the year ended June 30, 2005, was approximately $230,000. The future minimum lease payments for these leases are as follow: Fiscal Year Ending June 30, Amount 2006 $189,578 2007 88,603 2008 50,547 2009 10,202 2010 2.724 Total Operating Leases — County as Lessor The County received $839,355 in lease rental income for the year ended June 30, 2005. The County is expected to receive $5.8 million in rental income over the next 10 years under non -cancelable leases. These leases are cancelable if annual appropriations are not included in the lessee's annual appropriation resolution. Capital Leases The County has entered into a lease agreement for acquisition of personal property. The lease is treated as a capital lease; however, the lease is cancelable if annual appropriations are not included in the County's annual appropriation resolution. Amortization expense on the assets under capital lease is included with depreciation expense. The asset acquired through a capital lease is as follows: Governmental Activities Asset: Equipment and vehicles $114,546 Less: Accumulated Amortization 17,182 Total The future minimum lease obligations and the net present value of these minimum lease payments as of June 30, 2005, are as follows: Fiscal Year Ending Governmental June 30, Activities 2006 $ 22,282 2007 22.282 Total minimum lease payments 44,564 Less: Amount representing interest on future payments 1,210 Present value of minimum lease payments -40- DESCHUTES COUNTY, OREGON NOTES TO FINANCIAL STATEMENTS JUNE 30, 2005 Bonds and Certificates of Participation For both governmental and business -type activities, the County has issued General Obligation Bonds, Certificates of Participation (COPs) and Full Faith & Credit Obligations all of which were issued to provide funds for the acquisition and construction of major capital facilities, acquire personal property and fund the pension liability. The County also issues special assessment debt to provide funds for the construction of streets in existing residential areas. These bonds will be repaid from amounts levied against the property owners benefited by these improvements. In the event that a deficiency exists because of unpaid or delinquent special assessments at the time a debt service payment is due, the County must provide resources to cover the deficiency until other resources, for example, foreclosure proceeds, are received. General obligation bonds are direct obligations and pledge the full faith and credit of the County. These bonds generally are issued as 20-30 year serial bonds with increasing amounts of principal maturing each year. General obligation bonds currently outstanding are as follows: Purpose Interest Rates Amount Governmental activities 4.49-7.02% $ 44,156,166 Governmental activities — refunding 2.96-4.43% 22,340,000 Business -type activities 4.49-5.47% 10,853,415 Business -type activities — refunding 3.87% 20,230.000 97.579.581 Certificates of Participation currently outstanding are as follow: Purpose Interest Rates Amount Governmental activities 5.01-6.40% $ 6,275,000 Governmental activities — refunding 4.62-6.45% 1,085,000 $ 7,360,000 Limited Tax Improvement Bonds currently outstanding are as follows: Purpose Interest Rates Amount Governmental activities 4.00-5.95% 1.137.498 -41- DESCHUTES COUNTY, OREGON NOTES TO FINANCIAL STATEMENTS JUNE 30, 2005 Changes in Long -Term Liabilities Changes in long-term obligations for the year ended June 30, 2005, are as follows: $ 83, 930, 293 $ 17,124, 315 $(18,138,946) $ 82, 915, 662 $ 9,352,691 Business-tvoe activities: Full faith & credit obligations July 1, 2004 Increases Decreases June 30, 2005 One Year Governmental activities: 47,117 (5,336) (1,624) 40,157 - Claims 23,190,000 - (960,000) 22,230,000 1,075,000 Internal service funds $ 2,359,414 $ 7,343,958 $ (8,034,318)' $ 1,669,054 $ 1,422,565 Certificates of participation 9,760,000 - (2,400,000) 7,360,000 630,000 Pension obligation bonds 12,485,979 - (25,583) 12,460,396 35,966 Full faith & credit obligations 26,094,766 5,303,108 (626,289) 30,771,585 792,423 Unamortized prem / (disc) 207,490 (3,212) (7,475) 196,803 - General obligation bonds 25,219,084 - (1,954,899) 23,264,185 2,083,150 Unamortized premiums 464,943 - (46,495) 418,448 - Loans Govemmental funds 698,230 - (298,230) 400,000 50,000 Limited tax improvement bonds 1,132,202 370,000 (364,704) 1,137,498 70,000 Capital leases Governmental 341,674 - (298,320) 43,354 21,161 Compensated absences Governmental funds 4,608,417 3,725,859 (3,641,617) 4,692,659 3,842,007 Internal service funds 558,094 384,602 (.441,016) 501,680 405,419 $ 83, 930, 293 $ 17,124, 315 $(18,138,946) $ 82, 915, 662 $ 9,352,691 Business-tvoe activities: Full faith & credit obligations $ 6,190,234 $ 2,786,892 $ (123,711) $ 8,853,415 $ 197,577 Unamortized prem / (disc) 47,117 (5,336) (1,624) 40,157 - General obligation bonds 23,190,000 - (960,000) 22,230,000 1,075,000 Unamortized premiums 763,569 - (63,631) 699,938 - Compensated absences 178,170 174,791 (147,849) 205,112 172,989 Landfill closure and postclosure 8,835,367 540,950 - 9,376,317 - Loans 628,774 - (115,772) 513,002 12,474 $ 39,833,231 $ 3,497,297 $ (1,412,587) $ 41,917,941 $ 1,458,040 Compensated absences have been liquidated by the governmental and enterprise funds for which the employees who earned the compensated absences were assigned. -42- DESCHUTES COUNTY, OREGON NOTES TO FINANCIAL STATEMENTS JUNE 30, 2005 Debt Service Requirements Debt service requirements on Certificates of Participation, Limited Tax Improvement Bonds and Bonds and Notes at June 30, 2005, are as follows: 2006 2007 2008 2009 2010 2011-2015 2016-2020 2021-2025 2026-2030 2031-2035 $ 7,360,000 $ 2,465,018 $ 1,137,498 $ 254,278 $ 66,896,165 $ 39,991,071 Business Type Activities COPs Ltd Tax Improvement Bonds & Notes Principal I Interest Principal I Interest Principal I Interest $ - $ - $ - $ - $1,285,051.00 $1,364,764.00 - 1,446,564 1,252,422 - - 1,575,177 1,172, 827 1,713,342 1,114,152 - - - 1,844,242 1,057,041 - - - - 11,711,087 4,059,083 - - - - 7,169, 671 1,552,738 - - - - 2,226,085 865,110 - - - - 1,551,673 432,546 - 1,073,525 76,495 $ - $ - $ - $ - $ 31,596,417 $ 12,947,178 Advance Refunding of Debt On September 28, 2004, full faith and credit bonds were issued to refund portions of an earlier issue used to finance the building of the County's Community Development Building. Proceeds from the new issue were placed in an irrevocable trust that is to be used to service the future debt requirements of the defeased debt. This refunding resulted in an economic gain as well as a savings from refunding. The economic gain realized in this refunding was $106,720 and the savings from the refunding was as follows: Cash flow requirements to service defeased debt $2,505,320 Less: County funds used to reduce debt 215,000 Cash flow requirements for new debt 2,123,552 Net savings from refunding -43- Governmental Activities COPs Ltd Tax Improvement Bonds & Notes Year Ending June 30 Principal Interest Principal Interest Principal Interest 2006 $ 630,000 $ 358,922 $ 70,000 $ 54,960 $ 2,961,539 $ 2,921,843 2007 655,000 328,152 88,000 47,486 3,147,138 2,763,810 2008 685,000 295,713 110,000 43,765 3,314,163 2,676,146 2009 775,000 259,763 137,000 38,857 3,491,021 2,591,406 2010 420,000 226,475 439,498 30,490 3,701,669 2,502,909 2011-2015 2,430,000 814,308 293,000 38,720 17,622,154 10,372,552 2016-2020 1,765,000 181,685 - - 7,386,632 8,388,920 2021-2025 - - - - 11, 379, 794 5,342,919 2026-2030 - - - - 9,715,580 2,132, 968 2031-2035 - - - - 4,176, 475 297,598 2006 2007 2008 2009 2010 2011-2015 2016-2020 2021-2025 2026-2030 2031-2035 $ 7,360,000 $ 2,465,018 $ 1,137,498 $ 254,278 $ 66,896,165 $ 39,991,071 Business Type Activities COPs Ltd Tax Improvement Bonds & Notes Principal I Interest Principal I Interest Principal I Interest $ - $ - $ - $ - $1,285,051.00 $1,364,764.00 - 1,446,564 1,252,422 - - 1,575,177 1,172, 827 1,713,342 1,114,152 - - - 1,844,242 1,057,041 - - - - 11,711,087 4,059,083 - - - - 7,169, 671 1,552,738 - - - - 2,226,085 865,110 - - - - 1,551,673 432,546 - 1,073,525 76,495 $ - $ - $ - $ - $ 31,596,417 $ 12,947,178 Advance Refunding of Debt On September 28, 2004, full faith and credit bonds were issued to refund portions of an earlier issue used to finance the building of the County's Community Development Building. Proceeds from the new issue were placed in an irrevocable trust that is to be used to service the future debt requirements of the defeased debt. This refunding resulted in an economic gain as well as a savings from refunding. The economic gain realized in this refunding was $106,720 and the savings from the refunding was as follows: Cash flow requirements to service defeased debt $2,505,320 Less: County funds used to reduce debt 215,000 Cash flow requirements for new debt 2,123,552 Net savings from refunding -43- DESCHUTES COUNTY, OREGON NOTES TO FINANCIAL STATEMENTS JUNE 30, 2005 In prior years, the County defeased certain general obligation bonds and Certificates of Participation (COPs) by placing the proceeds of a new general obligation bond, COPs and Full Faith & Credit Obligations in irrevocable trusts to provide for all future debt service payments on the old general obligation bond and the COPs. Accordingly, the trust account assets and the liability for the defeased general obligation bonds and COPs are not included in the County's financial statements. At June 30, 2005, $39,650,000 of bonds and $2,860,000 of COPs outstanding are considered defeased, which includes debt defeased during this current year. G. Segment Information The County maintains two enterprise funds. The Solid Waste Fund is used to account for the operations of the County's landfill at Knott Road and 27th Street and transfer stations located throughout the County. The accumulation of resources that will be required for the closure and postclosure costs associated with the sanitary landfill are also accounted for in the Solid Waste Fund. The Fair & Expo Center Funds account for the operations of the County's Fairgrounds and Expo facility including the annual county fair. Included in this fund is the general obligation bond, issued in 1996, to finance the construction of the facility. IV. OTHER INFORMATION A. Risk Management The County is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; injuries to employees; and natural disasters. The County purchases commercial insurance for property coverage, fidelity bonding, catastrophic workers' compensation claims and stop loss on its medical/dental risks. It self -insures against losses for general liability, most workers' compensation, medical and dental benefits, unemployment benefits and other risks. All funds of the County, as well as two county service districts (Deschutes County 911 and Extension 4-H), participate in the County's self-insurance program. The County self -insures its general liability, vehicle, workers' compensation, unemployment and medical/dental risks. Neither Black Butte Ranch nor Sunriver Service District participates and Deschutes County 911 County Service District's participation is limited to unemployment benefits and medical/dental. The third party insurance coverage obtained by the county service districts not covered by the County's self-insurance program had no significant reductions in the levels of insurance coverage in the past year. Settled claims have not exceeded insurance coverage in any of the past three fiscal years. The County estimates liability for incurred losses for reported and unreported claims for general and vehicle/fleet liability, workers' compensation and employee medical coverage. Workers' compensation, general and vehicle/fleet liability estimates are primarily based on individual case estimates for reported claims and through historical data for unreported claims as determined by the County's Risk Management department. Liabilities are based on estimated ultimate cost of settling claims. Liabilities include an amount for claims that have been incurred but not reported (IBNRs). The result of the process to estimate the claims is not an exact amount and accordingly claims are reevaluated periodically to consider the effects of inflation, recent claims settlement trends and other economic and social factors. Each fund makes payments to the internal service insurance funds, based on the estimated need to pay prior and current claims and to fund a reserve for losses. The net assets, as of June 30, 2005, of the Insurance Fund (all insurance programs other than medical/dental) are reported at $925,060 and of the Health Benefits Trust Fund (medical/dental) at $3,762,630. -44- DESCHUTES COUNTY, OREGON NOTES TO FINANCIAL STATEMENTS JUNE 30, 2005 Changes in the Insurance Funds' claim liabilities are as follows: Health Insurance Benefits Fund Trust Fund Claims payable, June 30, 2003 $ 1,327,847 FY 03-04 claims expense 1,039,074 FY 03-04 claims paid 715,036 Claims payable, June 30, 2004 1,651,885 FY 04-05 claims expense 466,535 FY 04-05 claims paid 1,258,933 $ 733,504 6,333,285 6,359,260 707,529 6,877,423 6,775,385 Total $ 2,061,351 7,372,359 7,074,296 2,359,414 7,343,958 8,034,318 Claims payable, June 30, 2005 $ 859,487 $ 809,567 $ 1,669,054 B. Commitments and contingent liabilities The County is contingently liable with respect to lawsuits and other claims incidental to the ordinary course of its operations. Claims covered by the County's self-insurance are reviewed and losses are accrued based on the judgment of County management. According to County management, based on advice of legal counsel with respect to such litigation and claims, ultimate disposition of these matters will not have a material adverse effect on the financial position or results of County operations. C. Employee pension plans Plan Description: The County contributes to the Oregon Public Employees Retirement System (PERS), an agent multiple - employer defined benefit plan. PERS acts as a common investment and administrative agent for political subdivisions in Oregon. All full-time employees are eligible to participate in the system after six months of employment. Part-time and temporary employees are covered after 600 hours of employment. Employees who retire after 30 years of creditable service or after reaching age 58 are entitled to a retirement benefit, payable monthly for life, equal to 1.67 percent of their final average salary for each year of credited service. Final average monthly salary is based upon either the three calendar years out of the last ten calendar years of employment during which the highest salaries were earned or the last 36 calendar months of membership, whichever is larger. Benefits fully vest upon reaching five years of service. Vested employees with less than 30 years of service will receive reduced benefits if retirement occurs prior to age 58 (age 60 if hired after January 1, 1996). PERS also provides death and disability benefits. Benefits are established by state statute. The Oregon Public Employees Retirement System issues a publicly available financial report that includes financial statements and required supplementary information for PERS. That report may be obtained by written request to PERS, P.O. Box 23700, Tigard, OR 97281-3700. -45- DESCHUTES COUNTY, OREGON NOTES TO FINANCIAL STATEMENTS JUNE 30, 2005 Funding Policy: All Oregon PERS members are required to contribute 6% of their annual covered salary, which is paid by the County. Additionally, the County is required to contribute at an actuarially determined rate. The effective rate at June 30, 2005, for Tier One and Tier Two employees was 5.35% of annual covered payroll. Employees entering the system subsequent to August 2003 are covered under the Oregon Public Service Retirement Plan (OPSRP). The effective rate for OPSRP employees is 8.04% for General Service Employees and 11.65% for Police and Fire Employees. The contribution requirements of plan members and the County are established by state statute and may be amended by the PERS Retirement Board. Annual Pension Cost: For fiscal year 2004-2005, the County's annual pension cost was $4,255,696. Projected benefits are determined for all members and the associated liabilities are spread in a manner that produces level annual costs as a percent of pay in each year from the age at entry until the assumed age at exit from active membership. The cost allocated to the current year is the normal cost. The actuarial liability for active members is calculated as the portion of the total cost of benefits allocated to prior years. The actuarial liability for members currently receiving benefits and for members entitled to deferred benefits, is equal to the present value of the benefits expected to be paid. The excess of the total actuarial liability over the value of the assets is called the unfunded actuarial liability. Employer contributions are determined by adding the normal cost, less the member contribution rate, and a thirty-year amortization of the unfunded actuarial liability as a level percentage of projected annual payroll. The amortization period is closed. Significant economic assumptions used in the December 31, 2003, actuarial valuation include: (a) rate of return on investment of present and future assets of 8% per annum compounded annually; (b) projected salary increases at 4.25% per year compounded annually; (c) increases due to promotions and longevity that vary by age and service; (d) pre and post -mortality life expectancies of employees, based upon several mortality tables; (e) rates of withdrawal from active service before retirement for reasons other than death, rates of disabilities and expected retirement ages developed on the basis of actual plan experiences; and (f) consumer price inflation of 3.25% per year. The fair market value of all PERS assets, reduced by the sum of all member contribution accounts (Member Reserves) and the value of all benefits currently being paid (Benefit Reserves), is allocated to all participating employers in proportion to the funds in each employer's account (Employers Reserve). Annual pension costs (APC) for the years ending June 30, 2005, 2004 and 2003 are as follows: -46- Employer Contributions Year Annual Percentage Net Ended Pension of APC Pension June 30 Cost (APC) Contributed Obligation 2005 $ 4,255,696 100% $ - 2004 $10,872,611 100% $ - 2003 $ 5,840,831 100% $ - -46- DESCHUTES COUNTY, OREGON NOTES TO FINANCIAL STATEMENTS JUNE 30, 2005 The following table presents a schedule of funding progress for the County's Defined Benefit Pension Plan: Actuarial Actuarial Unfunded Valuation Value of Actuarial Actuarial Funded Covered UAL/ Date Assets Liability Liability Ratio Payroll Payroll 1999 $ 98,676,797 $ 96,434,067 $ (2,242,730) 102% $ 26,286,203 -9% 2001 183,013,313 156,292,337 (26,720,976) 117% 29,981,104 -89% 2003 192,485,114 193,674,362 1,189,248 99% 32,956,938 4% D. Post -employment benefits In addition to pension benefits described in Note W.C., the County provides post -employment benefit options for health insurance to eligible retirees, terminated employees and their dependents. The benefits are provided in accordance with County ordinances and collective bargaining agreements. The criteria to determine eligibility include: years of service, employee age, disability due to line of duty and whether the employee has vested in the respective retirement plan. The County funds the benefits on a pay-as-you-go basis. Eligible employees are required to pay set premiums for a portion of the cost with the County subsidizing the remaining costs. During the fiscal year ended June 30, 2005, expenses (net of participant contributions) of $123,646 were recognized for post -employment benefits. There are 36 participants currently eligible. Expenses for post-retirement benefits are recognized as eligible employee benefits are paid. E. Landfill closure and postclosure care costs State and Federal laws and regulations require that the County place a final cover on its landfill sites and perform certain maintenance and monitoring functions at the sites for a minimum of thirty years after closure. In addition to operating expenses related to current activities of the landfill site, an expense provision and related liability are being recognized based on the future closure and postclosure care costs that will be incurred near or after the date the landfill no longer accepts waste. The recognition of these landfill closure and postclosure care costs is based on the amount of the landfill used each year. The estimated liability for landfill closure and postclosure care costs is approximately $9.4 million as of June 30, 2005, which is based on 46% usage of the Knott Landfill capacity and full usage of several smaller sites. It is estimated that an additional $7.6 million will be recognized as closure and postclosure care costs between July 1, 2005, and the date the landfill is currently expected to be filled to capacity (the year 2029). The estimated total current cost of the landfill closure and postclosure care ($17,001,480) is based on the amount that would be paid if all equipment, facilities and services required to close, monitor and maintain the landfills were acquired as of June 30, 2005. However, the actual cost of closure and postclosure care may be higher due to inflation, changes in technology or changes in regulations. In addition, the County is required by State and Federal laws and regulations to make annual contributions to finance closure and postclosure care. The County meets the "Local Government Financial Test" which provides financial assurance as to the County's ability to meet its financial obligations for closure and postclosure. F. Fund Structure Maior Funds — Governmental General — accounts for the financial operations of the County which are not accounted for in any other fund. Principal sources of revenues are property taxes and revenues from other governmental -47- DESCHUTES COUNTY, OREGON NOTES TO FINANCIAL STATEMENTS JUNE 30, 2005 agencies. Expenditures primarily cover functions related to assessment and taxation, district attorney, clerk's records and administration. Sheriff's — property taxes, charges for services, Federal and State grants for public safety. Mental Health — fees for services, Federal and State grants for mental health services and counseling. Road — gas tax apportionment and forest receipts for public roads and highways. Project Development — proceeds from County land sales and leases for property acquisition for County offices. Magor Funds — Proprietary — Enterprise Solid Waste — fees and charges for services for the operation and maintenance of the County's sanitary landfill and transfer stations. Fair & Expo Center — fees, transfers and property taxes for the operation of a fair and expo center, annual county fair and debt service. Nonmagor Governmental Funds Special Revenue Funds Business Loan — loan repayment and interest for loans to business entities for job creation. Community Development Block Grant — State and Federal funds for programs to low and moderate - income households. Cultural Coalition — State funds used for programs to promote culture. Grant Projects — grants for local programs as designated by the grantor. Justice Court — fines and fees for public safety activities. La Pine Industrial — charges for services for industrial development in the La Pine area. La Pine Senior Center — resources generated from fund raising activities to build a senior center. Park Acquisition and Development — fees paid by developers for County parks and an apportionment from the State of Oregon. PERS Reserve — charges to County's operating funds and departments to establish a reserve for possible increases in the PERS rate. County School — local taxes and forest receipts for education. Special Transportation — State grant for transportation. Taylor Grazing — Federal funds administered by State for rangeland improvement. -48- DESCHUTES COUNTY, OREGON NOTES TO FINANCIAL STATEMENTS JUNE 30, 2005 Transient Room Tax — lodging tax for promotion of tourism and County services. Video Lottery — State's video lottery apportionment for economic development. Welcome Center — lodging taxes for repayment of debt and recreation advertising. Industrial Development — payments from lessees for assistance to industrial development within the County. Land Sales Maintenance — land sale proceeds for supervision and maintenance of County land. Liquor Enforcement — allocation of State funds for enforcement of liquor laws. Victims' Assistance — grants for providing assistance to crime victims. Law Library — fines and fees for maintenance of the law library. County Clerk Records — fees for upgrading storage and retrieval systems. Commission on Children and Families — Federal and State grants for family and children programs. Community Justice -Juvenile — State grants and fees for response to juvenile delinquency programs within the County. Sheriffs Asset Forfeiture — proceeds from sale of assets forfeited in State and Federal Court for law enforcement programs. Court Facilities — State grant to provide security in the court building. Deschutes County Communication System — contracts and loan proceeds for radio system for public safety organizations of Deschutes County. Sheriffs Capital Reserve — transfer from the Sheriffs fund for future capital expenditures. Health Department — fees for services and State grants for community wide health care. Healthy Start -Prenatal — fees for services and State grants for comprehensive prenatal care for low- income women and their infants. ABHA — State grant for mental health services. Acute Care Services - State grant funds for acute care services to the mentally ill. OHP- Chemical Dependency — Oregon Health Plan and chemical dependency fees for drug abuse treatment. Public Land Corner Preservation — recording fees for location and maintenance of survey corners. Code Abatement — monies for enforcement of County solid waste and sanitation codes. -49- DESCHUTES COUNTY, OREGON NOTES TO FINANCIAL STATEMENTS JUNE 30, 2005 Community Development — fees and charges for services for planning, health inspectors, building safety, education and public services. CDD-TDC — transfers for maintenance of water quality and open space. Community Development Reserve — funds transferred from Community Development for contingencies. CDD -Building Reserve Program — surplus building program funds for contingencies. CDD -Electrical Program Reserve — surplus electrical program funds for contingencies. GIS (Geographic Information Systems) Dedicated - recording fees and sales for map data system. Natural Resource Protection - Grants for the control of noxious weeds and promotion of healthy forests. Federal Forest Title III — federal monies for grants related to National Forest activities in Deschutes County. Road Building and Equipment — transfers from Road Fund for future capital asset purchases. Road Improvement Reserve — fees for future infrastructure requirements. Vehicle Maintenance and Replacement — transfers from County funds and departments for future vehicle replacement and repair. Dog Control — licenses and fees for animal control. Adult Parole and Probation — charges for services and State Department of Corrections grant for operation of County justice program. Deschutes County 911 County Service District — property taxes, charges for services and grants for operations of countywide emergency call center. Deschutes County 911 County Service District Equipment Reserve — funds transferred from DC 911 for future capital asset requirements. County Extension and 4-H County Service District — property taxes for Oregon State University's Extension Service programs. Black Butte Ranch County Service District — property taxes and fees for security services and law enforcement within the District's boundaries. Sunriver Service District — property taxes and fees for law enforcement and fire services within the District's boundaries. Sunriver Service District Reserve — funds transferred from Sunriver Service District for future capital asset requirements. -50- DESCHUTES COUNTY, OREGON NOTES TO FINANCIAL STATEMENTS JUNE 30, 2005 Debt Service Funds 2000 Series Ltd Tax Improvement — collection of special assessment liens for debt service on special assessment bond. 2003 Series Ltd Tax Improvement — collection of special assessment liens for debt service on special assessment bonds. 2005 Series Ltd Tax Improvement — collection of special assessment liens for the debt service on special assessment bonds. CDD Building 1996 Full Faith & Credit, Series 2004 — funds transferred from Community Development for debt service issued to building Community Development building. Full Faith and Credit, 2003 — funds transferred from departments for debt service on bonds issued for building, remodel and acquisition of office buildings, recycling center, communication system. HHS/BJCC 1998 COPs — funds transferred from Health and Mental Health for debt service on certificates of participation issued to build and remodel buildings for use by these departments. Government Center 1989-98 COPs — funds transferred for repayment of certificates of participation issued to remodel building. Public Safety 1993/1996/1998/2002 General Obligation — property taxes for debt service on bonds issued to building public safety complex. Redmond Building 1994 COPs — funds transferred for debt service on certificates of participation issued to acquire and remodel building. PERS Series 2002 and 2004 Debt Service — transfer from operating funds for debt service on bonds issued to fund pension liability. Welcome Center 1988/98 COPs — funds transferred from Welcome Center special revenue fund for debt service on certificates of participation issued to build Welcome Center. Bend Library County Service District General Obligation — property taxes for debt service on bonds issued to build Bend Library. Redmond Library County Service District General Obligation — property taxes for debt service on bonds issued to remodel building for Redmond Library. Sunriver Library County Service District General Obligation — property taxes for debt service on bonds issued to build Sunriver Library. Capital Projects Funds Newberry Neighborhood — proceeds from land sales and grants for maintenance of water quality and open space. Local Improvement District — collections on unbonded liens and bond sales to improve roads and streets for benefited properties. -51- DESCHUTES COUNTY, OREGON NOTES TO FINANCIAL STATEMENTS JUNE 30, 2005 La Pine Building Purchase/Remodel — proceeds from borrowing to purchase and remodel office building in La Pine area. Remodel Projects — proceeds from borrowing to remodel existing County buildings, primarily those used by the State Courts. Courthouse Remodel — proceeds from borrowing to remodel the historic Courthouse. Nonmaior Proprietary Funds — Internal Service Funds Building Services — interfund charges for custodial, repairs and maintenance and related activities for County facilities. Administrative Services — interfund charges for services provided by County administration. Finance — interfund charges for services provided by Finance Department. Legal — interfund charges for services provided by Legal Department. Personnel — interfund charges for services provided by Personnel Department. Information Technology — interfund charges for services provided by IT Department. Information Technology Reserve — interfund charges for future technology improvements. Insurance — interfund charges for non-medical/dental insurance coverage. Health Benefits Trust — interfund charges for medical/dental health insurance. G. Subsequent Events On August 11, 2005, the County issued $5,915,000 Full Faith and Credit Refunding Obligations, Series 2005 and contributed $651,573 of its funds to provide resources to purchase certain direct U. S. Government obligations which are irrevocably pledged to and held in trust for the benefit of the owners of the refunded Certificates of Participation (COPs) by the escrow agent for the purpose of generating resources for all future debt service payments of $6,130,000 of the COPs. As a result, the refunded COPs are considered to be defeased and the liability, in the amount of $6,130,000 will be removed from the Statement of Net Assets. This advance refunding was undertaken to reduce total debt service payments over the next thirteen years by $360,598 and resulted in an economic gain of $159,687. -52- REQUIRED SUPPLEMENTARY INFORMATION This page intentionally left blank. DESCHUTES COUNTY, OREGON GENERAL FUND STATEMENT OF BUDGETED AND ACTUAL TRANSACTIONS BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 Assessor Personnel services Budgeted Amounts 2,134,338 2,046,655 87,683 Materials and services 963,083 Actual Variance with 39,850 Original Final Amounts Final Budget REVENUES Capital outlay 63,800 65,600 64,986 Local Totals 3,377,333 3,388,079 3,259,929 Taxes $ 14,316,500 $ 14,316,500 $ 14,812,988 $ 496,488 Licenses and Permits 172,000 172,000 227,445 55,445 Fines, forfeitures and penalties 421,728 421,728 487,747 66,019 Investment earnings and rent 122,627 122,627 234,974 112,347 Charges for services 1,656,143 1,656,143 2,664,712 1,008,569 Intergovernmental State 2,026,124 2,026,124 2,232,972 206,848 Federal 327,413 327,413 323,530 (3,883) Total revenues 19,042,535 19,042,535 20,984,368 1,941,833 EXPENDITURES General government Board of Commissioners Personnel services 463,933 453,933 446,561 7,372 Materials and services 111,328 124,328 120,130 4,198 Capital outlay 100 7,100 5,616 1,484 Totals 575,361 585,361 572,307 13,054 Assessor Personnel services 2,144,592 2,134,338 2,046,655 87,683 Materials and services 963,083 982,283 942,433 39,850 Debt service 205,858 205,858 205,855 3 Capital outlay 63,800 65,600 64,986 614 Totals 3,377,333 3,388,079 3,259,929 128,150 Clerk 1 Elections Personnel services 588,450 608,450 604,403 4,047 Materials and services 572,697 563,697 508,039 55,658 Capital outlay 20,900 9,900 8,558 1,342 Totals 1,182,047 1,182,047 1,121,000 61,047 Board of Property Tax Appeals Personnel services 32,006 32,006 31,174 832 Materials and services 19,371 19,371 11,467 7,904 Totals 51,377 51,377 42,641 8,736 Continued -55- DESCHUTES COUNTY, OREGON GENERAL FUND STATEMENT OF BUDGETED AND ACTUAL TRANSACTIONS BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 Expenditures (Continued) District Attorney Personnel services Materials and services Capital outlay Totals Finance - Tax Personnel services Materials and services Debt service Capital outlay Totals Veterans' Services Personnel services Materials and services Capital outlay Totals Property Management Personnel services Materials and services Capital outlay Totals Surveyor Personnel services Materials and services Totals Non -Departmental Materials and services Capital outlay Totals Total general services Budgeted Amounts Actual Variance with Original Final Amounts Final Budget 2,701,776 2,701,776 2,582,808 118,968 673,697 673,697 603,696 70,001 17,500 17,500 10,059 7,441 3,392,973 3,392,973 3,196,563 196,410 403,600 403,600 372,684 30,916 319,677 320,477 294,203 26,274 48,288 48,288 48,279 9 15,000 18,800 15,000 3,800 786,565 791,165 730,166 60,999 113,435 113,435 111,617 1,818 38,232 38,232 36,728 1,504 100 100 - 100 151,767 151,767 148,345 3,422 87,943 87,943 74,880 13,063 54,194 54,194 41,625 12,569 100 100 - 100 142,237 142,237 116,505 25,732 84,493 90,493 88,772 1,721 79,443 73,443 71,317 2,126 163,936 163,936 160,089 3,847 815,040 815,040 785,675 29,365 100 100 - 100 815,140 815,140 785,675 29,465 10,063,375 10,078,721 10,346,588 517,808 Continued -56- DESCHUTES COUNTY, OREGON GENERAL FUND STATEMENT OF BUDGETED AND ACTUAL TRANSACTIONS BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 Other financing sources (uses) Appropriation transfers in (out) Budgeted Amounts (455,255) - (455,255) Transfers in 156,681 Actual Variance with - Original Final Amounts Final Budget Expenditures (Continued) Total other financing sources (uses) (10,151,534) (10,751,024) (10,295,769) Operating contingency 2,252,265 1,627,429 - 1,627,429 Total expenditures 12,891,001 12,291,511 10,918,895 2,158,291 Excess of revenues over expenditures 6,151,534 6,751,024 10,851,146 4,100,122 Other financing sources (uses) Appropriation transfers in (out) - (455,255) - (455,255) Transfers in 156,681 156,681 156,681 - Transfer out (10,308,215) (10,452,450) (10,452,450) - Total other financing sources (uses) (10,151,534) (10,751,024) (10,295,769) (455,255) Net change in fund balance (4,000,000) (4,000,000) 555,377 4,555,377 Fund balance - Beginning of year 4,700,000 4,700,000 5,114,328 414,328 Fund balance - End of year $ 700,000 $ 700,000 $ 5,669,705 $ 4,969,705 -57- DESCHUTES COUNTY, OREGON DESCHUTES COUNTY SHERIFF'S OFFICE SPECIAL REVENUE FUND STATEMENT OF BUDGETED AND ACTUAL TRANSACTIONS BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes Fines, forfeitures and penalties Investment earnings and rent Charges for services Intergovernmental Local State Federal Total revenues EXPENDITURES Sheriffs Services Personnel services Materials and services Capital outlay Automotive/Communications Personnel services Materials and services Capital outlay Investigations/Evidence Personnel services Materials and services Capital outlay Patrol/Civil/Comm Support Personnel services Materials and services Capital outlay Records Personnel services Materials and services Capital outlay Budgeted Amounts Original Final Actual Variance with Amounts Final Budget $ 12,356,618 $ 12,356,618 $ 12,858,579 $ 501,961 459,000 459,000 345,569 (113,431) 76,041 76,041 106,137 30,096 656,342 656,842 486,218 (170,624) 327,290 327,290 327,290 - 1,655,775 1,655,775 1,920,106 264,331 139,500 139,500 207,711 68,211 15,670,566 15,671,066 16,251,610 580,544 706,930 711,930 706,313 5,617 515,908 645,908 645,134 774 - 6,898 6,688 210 1,222,838 1,364,736 1,358,135 6,601 214,140 214,140 210,160 3,980 605,344 740,344 740,317 27 - 30,800 24,540 6,260 819,484 985,284 975,017 10,267 1,326,612 1,346,612 1,334,046 12,566 200,362 261,562 248,328 13,234 33,000 77,560 70,235 7,325 1,559,974 1,685,734 1,652,609 33,125 5,772,429 5,608,721 5,517,595 91,126 423,061 553,061 538,134 14,927 308,000 454,068 381,566 72,502 6,503,490 6,615,850 6,437,295 178,555 515,899 500,899 481,744 19,155 77,353 92,353 89,205 3,148 7,200 11,486 10,129 1,357 600,452 604,738 581,078 23,660 -58- Continued DESCHUTES COUNTY, OREGON DESCHUTES COUNTY SHERIFF'S OFFICE SPECIAL REVENUE FUND STATEMENT OF BUDGETED AND ACTUAL TRANSACTIONS BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 Continued -59- Budgeted Amounts Actual Variance with Original Final Amounts Final Budget Expenditures (Continued) Adult Jail Personnel services 5,035,087 4,963,728 4,851,297 112,431 Materials and services 1,113,539 1,213,539 1,209,129 4,410 Capital outlay 31,346 150,607 126,746 23,861 6,179,972 6,327,874 6,187,172 140,702 Transport/Court Security Personnel services 161,132 156,132 148,250 7,882 Materials and services 14,722 14,722 5,941 8,781 Capital outlay - 100 - 100 175,854 170,954 154,191 16,763 Emergency Services Personnel services 87,656 89,656 89,098 558 Materials and services 18,165 18,165 8,435 9,730 Capital outlay - 100 - 100 105,821 107,921 97,533 10,388 Special Services Personnel services 364,945 369,945 365,288 4,657 Materials and services 46,399 61,399 54,827 6,572 Capital outlay - 21,731 10,677 11,054 411,344 453,075 430,792 22,283 Training Personnel services 97,904 100,404 99,642 762 Materials and services 32,364 82,364 62,442 19,922 Capital outlay 20,000 148,123 95,130 52,993 150,268 330,891 257,214 73,677 Non -Departmental Materials and services 8,021 8,021 8,021 - 8,021 8,021 8,021 - Total 17,737,518 18,655,078 18,139,057 516,021 Operating contingency 522,548 434,116 - 434,116 Total expenditures 18,260,066 19,089,194 18,139,057 950,137 Continued -59- DESCHUTES COUNTY, OREGON DESCHUTES COUNTY SHERIFF'S OFFICE SPECIAL REVENUE FUND STATEMENT OF BUDGETED AND ACTUAL TRANSACTIONS BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 Expenditures (Continued) Excess (deficiency) of revenues over expenditures Other financing sources (uses) Sale of capital assets Transfers in Transfers out Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Budgeted Amounts Actual Variance with Original Final Amounts Final Budget (2,589,500) (3,418,128) (1,887,447) 1,530,681 - - 25,655 25,655 2,650,000 2,650,000 2,650,000 - (260,500) (260,500) (260,500) - 2,389,500 2,389,500 2,415,155 25,655 (200,000) (1,028,628) 527,708 1,556,336 200,000 1,028,628 1,117,106 88,478 Fund balance - End of year $ - $ - $ 1,644,814 $ 1,644,814 .e DESCHUTES COUNTY, OREGON MENTAL HEALTH SPECIAL REVENUE FUND STATEMENT OF BUDGETED AND ACTUAL TRANSACTIONS BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Licenses and Permits Fines, forfeitures and penalties Investment earnings and rent Charges for services Intergovernmental Local State Federal Total revenues EXPENDITURES Personnel services Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Budgeted Amounts Actual Variance with Original Final Amounts Final Budget $ 105,500 $ 105,500 $ 115,899 $ 10,399 - - 25,937 25,937 46,000 46,000 75,184 29,184 2,669,698 2,719,698 2,818,704 99,006 243,000 243,000 243,000 - 8,818,035 9,271,084 9,485,902 214,818 99,410 99,410 99,410 - 11,981,643 12,484,692 12,864,036 379,344 5,495,255 5,826,717 5,537,265 289,452 7,554,774 7,554,774 7,494,605 60,169 10,000 10,000 - 10,000 13,060,029 13,391,491 13,031,870 359,621 1,514,916 1,686,503 - 1,686,503 14,574,945 15,077,994 13,031,870 2,046,124 (2,593,302) (2,593,302) (167,834) 2,425,468 Transfers in 1,340,722 1,340,722 1,340,722 - Transfer out (150,000) (150,000) (150,000) - Total other financing sources (uses) 1,190,722 1,190,722 1,190,722 - Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses (1,402,580) (1,402,580) 1,022,888 2,425,468 Fund balance - Beginning of year 1,402,580 1,402,580 1,631,738 229,158 Fund balance - End of year $ - $ - $ 2,654,626 $ 2,654,626 -61- DESCHUTES COUNTY, OREGON ROAD SPECIAL REVENUE FUND STATEMENT OF BUDGETED AND ACTUAL TRASNACTIONS BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Investment earnings and rent Charges for services Other Intergovernmental Local State Federal Total revenues EXPENDITURES Personnel services Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Budgeted Amounts Transfers in 290,000 Actual Variance with Original Final Amounts Final Budget Proceeds of sale of assets 245,500 245,500 377,047 131,547 $ 75,000 $ 75,000 $ 162,054 $ 87,054 466,000 466,000 503,178 37,178 2,400 2,400 2,684 284 250,000 250,000 519,743 269,743 7,000,000 7,000,000 7,390,686 390,686 2,960,000 2,960,000 2,969,646 9,646 10,753,400 10,753,400 11,547,991 794,591 4,272,702 4,272,702 4,201,666 71,036 6,287,981 6,672,981 6,383,817 289,164 4,125,760 4,125,760 562,936 3,562,824 14,686,443 15,071,443 11,148,419 3,923,024 724,714 339,714 - 339,714 15,411,157 15,411,157 11,148,419 4,262,738 (4,657,757) (4,657,757) 399,572 5,057,329 Transfers in 290,000 290,000 290,000 - Transfers out (870,000) (870,000) (870,000) - Proceeds of sale of assets 245,500 245,500 377,047 131,547 Total other financing sources (uses) (334,500) (334,500) (202,953) 131,547 Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year (4,992,257) (4,992,257) 196,619 5,188,876 4,992,257 4,992,257 6,228,577 1,236,320 Fund balance - End of year $ - $ - $ 6,425,196 $ 6,425,196 -62- OTHER SUPPLEMENTARY DATA This page intentionally left blank. COMBINING AND INDIVIDUAL FUND STATEMENTS AND SCHEDULES This page intentionally left blank. COMBINING NON -MAJOR GOVERNMENTALFUNDS This page intentionally left blank. DESCHUTES COUNTY, OREGON NONMAJOR GOVERNMENTAL FUNDS COMBINING BALANCE SHEET JUNE 30, 2005 ASSETS Cash and cash equivalents Investments, plus accrued interest Restricted cash Taxes receivable Accounts receivable Notes and contracts receivable Assessments receivable Due from other funds Total assets LIABILITIES AND FUND BALANCES Liabilities: Accounts payable Deficit in pooled cash accounts Deposits Due to other funds Deferred revenues Total liabilities Fund balances: Unreserved, reported in nonmajor: Special revenue funds Debt service funds Capital project funds Total fund balances Total liabilities and fund balances Special Revenue Debt Service Capital Project Funds Funds Funds Total Nonmajor Governmental Funds $ 9,689,411 $ 576,741 $ 1,087,613 $ 11,353,765 13,967,965 988,453 1,864,025 16,820,443 15,327 - - 15,327 557,919 116,251 29,454 703,624 1,525,334 50,230 55,906 1,631,470 1,045,546 - 1,636,774 2,682,320 - 1,126,382 23,402 1,149,784 400,000 - - 400,000 $ 27,201,502 $ 2,858,057 $ 4,697,174 $ 34,756,733 $ 1,067,249 $ - $ 543,908 $ 1,611,157 18,476 - - 18,476 - - 3,200 3,200 - - 400,000 400,000 1,262,454 1,219,383 1,683,739 4,165,576 2,348,179 1,219,383 2,630,847 6,198,409 24,853,323 - - 24,853,323 - 1,638,674 - 1,638,674 - - 2,066,327 2,066,327 24,853,323 1,638,674 2,066,327 28,558,324 $ 27,201,502 $ 2,858,057 $ 4,697,174 $ 34,756,733 DESCHUTES COUNTY, OREGON NONMAJOR SPECIAL REVENUE FUNDS COMBINING BALANCE SHEET JUNE 30, 2005 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ - $ Community - $ 5,654 $ 5,087 $ - Deficit in pooled cash accounts - Business Development Cultural Grant Deferred revenues La Pine - Loan Block Grant Coalition Projects Justice Court Industrial ASSETS 5,087 117,775 Fund balances: Cash and cash equivalents $ 26,426 $ - $ 1,358 $ 8,641 $ 33,153 $ 2,727 Investments, plus accrued interest 45,290 - 2,328 14,809 55,449 4,673 Restricted cash - _ - Taxes receivable - Accounts receivable 19,269 - - _ _ Notes and contracts receivable 867,771 - - - - 117,775 Due from other funds - _ _ Total assets $ 939,487 $ 19,269 $ 3,686 $ 23,450 $ 88,602 $ 125,175 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ - $ - $ - $ 5,654 $ 5,087 $ - Deficit in pooled cash accounts - 18,476 - - _ _ Deferred revenues 867,771 - - - - 117,775 Total liabilities 867,771 18,476 - 5,654 5,087 117,775 Fund balances: Undesignated 71,716 793 3,686 17,796 83,515 7,400 Total liabilities and fund balances $ 939,487 $ 19,269 $ 3,686 $ 23,450 $ 88,602 $ 125,175 Continued -70- DESCHUTES COUNTY, OREGON NONMAJOR SPECIAL REVENUE FUNDS COMBINING BALANCE SHEET JUNE 30, 2005 La Pine Park Senior Acquisition & PERS County Special Taylor Center Development Reserve School Transportation Grazing ASSETS Cash and cash equivalents $ 200,670 $ 227,396 $ 1,879,091 $ 119 $ 21,177 $ 1,056 Investments, plus accrued interest 343,921 389,727 3,217,709 204 36,295 1,809 Restricted cash - - - - - - Taxes receivable - - - - - - Accounts receivable - 12,722 - - 40,970 - Notes and contracts receivable - - - - - Due from other funds - - - - - - Total assets $ 544,591 $ 629,845 $ 5,096,800 $ 323 $ 98,442 $ 2,865 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ 2,515 $ - $ - $ - $ 83,239 $ - Deficit in pooled cash accounts - - - - - Deferred revenues - - - - - Totalliabilities 2,515 - - - 83,239 - Fund balances: Undesignated 542,076 629,845 5,096,800 323 15,203 2,865 Total liabilities and fund balances $ 544,591 $ 629,845 $ 5,096,800 $ 323 $ 98,442 $ 2,865 Continued -71- DESCHUTES COUNTY, OREGON NONMAJOR SPECIAL REVENUE FUNDS COMBINING BALANCE SHEET JUNE 30, 2005 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ Transient - $ 63,252 $ Welcome Industrial Land Sales Liquor - - - Room Tax Video Lottery Center Development Maintenance Enforcement ASSETS - 52 - Fund balances: Undesignated Cash and cash equivalents $ 16,280 $ 71,831 $ 19,029 $ 5,896 $ 106,390 $ 19,103 Investments, plus accrued interest 27,902 123,107 58,882 10,104 182,339 32,741 Restricted cash - - 15,327 - - - Taxes receivable 271,817 - 45,303 - - - Accounts receivable - - - - - - Notes and contracts receivable - - - - - - Due from other funds - - - - - - Total assets $ 315,999 $ 194,938 $ 138,541 $ 16,000 $ 288,729 $ 51,844 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ 32,572 $ - $ 63,252 $ - $ 52 $ - Deficit in pooled cash accounts - - - - - - Deferred revenues - - 4,243 - - Total liabilities 32,572 - 67,495 - 52 - Fund balances: Undesignated 283,427 194,938 71,046 16,000 288,677 51,844 Total liabilities and fund balances $ 315,999 $ 194,938 $ 138,541 $ 16,000 $ 288,729 $ 51,844 Continued -72- DESCHUTES COUNTY, OREGON NONMAJOR SPECIAL REVENUE FUNDS COMBINING BALANCE SHEET JUNE 30, 2005 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ - $ 3,150 $ - $ 257,195 $ Commission Community Sheriffs - Victims' - - County Clerk on Children & Justice Asset - Assistance Law Library Records Families Juvenile Forfeiture ASSETS Fund balances: Undesignated Cash and cash equivalents $ 6,983 $ 21,125 $ 61,091 $ 288,226 $ 92,240 $ 30,096 Investments, plus accrued interest 11,874 36,205 104,700 493,980 158,086 51,579 Restricted cash - - - - - - Taxes receivable - - - - - Accounts receivable 6,473 - - 89,097 102,157 - Notes and contracts receivable - - - - - - Due from other funds - - - - - - Total assets $ 25,330 $ 57,330 $ 165,791 $ 871,303 $ 352,483 $ 81,675 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ - $ 3,150 $ - $ 257,195 $ 97,944 $ - Deficit in pooled cash accounts - - - - - - Deferred revenues 4,500 - - 9,126 - Total liabilities 4,500 3,150 - 266,321 97,944 - Fund balances: Undesignated 20,830 54,180 165,791 604,982 254,539 81,675 Total liabilities and fund balances $ 25,330 $ 57,330 $ 165,791 $ 871,303 $ 352,483 $ 81,675 Continued -73- DESCHUTES COUNTY, OREGON NONMAJOR SPECIAL REVENUE FUNDS COMBINING BALANCE SHEET JUNE 30, 2005 Des Co Sherifrs Court Communication Capital Facilities System Reserve Health Healthy Start ABHA ASSETS 4,907 $ - $ 73,466 $ 53,073 $ - Cash and cash equivalents $ 1,324 $ 40,057 $ 269,245 $ 349,833 $ 82,370 $ 179,374 Investments, plus accrued interest 2,269 68,652 461,449 599,346 141,171 307,423 Restricted cash - - - - - - Taxes receivable - - - - ' Accounts receivable 4,652 - - 392,754 80,687 - Notes and contracts receivable - - - - - - Due from other funds - - - - - Total assets $ 8,245 $ 108,709 $ 730,694 $ 1,341,933 $ 304,228 $ 486,797 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ - $ 4,907 $ - $ 73,466 $ 53,073 $ - Deficit in pooled cash accounts - - - - - ' Deferred revenues - - - 6,400 - Total liabilities - 4,907 - 79,866 53,073 - Fund balances: Undesignated 8,245 103,802 730,694 1,262,067 251,155 486,797 Total liabilities and fund balances $ 8,245 $ 108,709 $ 730,694 $ 1,341,933 $ 304,228 $ 486,797 Continued -74- DESCHUTES COUNTY, OREGON NONMAJOR SPECIAL REVENUE FUNDS COMBINING BALANCE SHEET JUNE 30, 2005 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ - $ 8,868 $ 877 $ - $ 67,527 $ - Deficit in pooled cash accounts - - - - - Deferred revenues - - - - Total liabilities - 8,868 877 - 67,527 - Fund balances: Undesignated 740,848 107,470 859,033 28,707 1,586,574 92,650 Total liabilities and fund balances $ 740,848 $ 116,338 $ 859,910 $ 28,707 $ 1,654,101 $ 92,650 Continued -75- Acute Care Public Land Code Community Services OHP-CDO Corner Abatement Development CDD-TDC ASSETS Cash and cash equivalents $ 107,171 $ 42,868 $ 316,858 $ 10,578 $ 608,454 $ 34,139 Investments, plus accrued interest 183,677 73,470 543,052 18,129 1,042,637 58,511 Restricted cash - - - - " Taxes receivable - - - - " Accounts receivable 450,000 - - - 3,010 - Notes and contracts receivable - - - - - Due from other funds - - - - - - Total assets $ 740,848 $ 116,338 $ 859,910 $ 28,707 $ 1,654,101 $ 92,650 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ - $ 8,868 $ 877 $ - $ 67,527 $ - Deficit in pooled cash accounts - - - - - Deferred revenues - - - - Total liabilities - 8,868 877 - 67,527 - Fund balances: Undesignated 740,848 107,470 859,033 28,707 1,586,574 92,650 Total liabilities and fund balances $ 740,848 $ 116,338 $ 859,910 $ 28,707 $ 1,654,101 $ 92,650 Continued -75- DESCHUTES COUNTY, OREGON NONMAJOR SPECIAL REVENUE FUNDS COMBINING BALANCE SHEET JUNE 30, 2005 Continued -76- Community CDD Building CDD Natural Development Program Electrical GIS Resource Federal Reserve Reserve Reserve Dedicated Protection Forest Title 111 ASSETS Cash and cash equivalents $ 600,150 $ 209,064 $ 37,685 $ 354,834 $ 31,760 $ 79,008 Investments, plus accrued interest 1,028,578 358,308 64,586 608,137 54,433 135,410 Restricted cash - - - - - ' Taxes receivable - - - ' Accounts receivable - - - 30,692 - - Notes and contracts receivable 60,000 - - - ' Due from other funds 400,000 - - - - - Total assets $ 2,088,728 $ 567,372 $ 102,271 $ 993,663 $ 86,193 $ 214,418 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ - $ - $ - $ 49 $ 855 $ 23,120 Deficit in pooled cash accounts - - - - " Deferred revenues 60,000 - - - - Totalliabilities 60,000 - - 49 855 23,120 Fund balances: Undesignated 2,028,728 567,372 102,271 993,614 85,338 191,298 Total liabilities and fund balances $ 2,088,728 $ 567,372 $ 102,271 $ 993,663 $ 86,193 $ 214,418 Continued -76- DESCHUTES COUNTY, OREGON NONMAJOR SPECIAL REVENUE FUNDS COMBINING BALANCE SHEET JUNE 30, 2005 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ 45,446 $ - $ 17,978 $ Vehicle 13,288 $ 26,930 Deficit in pooled cash accounts - Road Road Maintenance - Deferred revenues - - - Building & Improvement & Total liabilities Adult Parole Deschutes 38,028 Equipment Reserve Replacement Dog Control & Probation County 911 ASSETS Fund balances: Cash and cash equivalents $ 274,870 $ 220,443 $ 281,599 $ 31,749 $ 125,258 $ 551,806 Investments, plus accrued interest 471,090 377,810 482,623 54,414 214,591 947,735 Restricted cash - - - - - - Taxes receivable - - - - - 109,299 Accounts receivable - - - 1,194 1,755 268,754 Notes and contracts receivable - - - - - - Due from other funds - - - - - - Total assets $ 745,960 $ 598,253 $ 764,222 $ 87,357 $ 341,604 $ 1,877,594 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ 45,446 $ - $ 17,978 $ 38,028 $ 13,288 $ 26,930 Deficit in pooled cash accounts - - - - - - Deferred revenues - - - - - 87,439 Total liabilities 45,446 - 17,978 38,028 13,288 114,369 Fund balances: Undesignated 700,514 598,253 746,244 49,329 328,316 1,763,225 Total liabilities and fund balances $ 745,960 $ 598,253 $ 764,222 $ 87,357 $ 341,604 $ 1,877,594 Continued -77- DESCHUTES COUNTY, OREGON NONMAJOR SPECIAL REVENUE FUNDS COMBINING BALANCE SHEET JUNE 30, 2005 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ - $ 8,422 $ 529 $ Black Butte - $ 1,067,249 Deficit in pooled cash accounts - - - - - 18,476 Ranch Sunriver Sunriver Total Non - - 1,262,454 Deschutes - 16,656 County Service Service Major Special Fund balances: County 911 Service District - District - Revenue 215,989 Reserve Extension 4-1-11 District General Fund Reserve Fund Funds ASSETS Cash and cash equivalents $ 103,927 $ 51,357 $ 212,924 $ 856,765 $ 483,837 $ 9,689,411 Investments, plus accrued interest 178,529 88,222 - - - 13,967,965 Restricted cash - - - - - 15,327 Taxes receivable - 10,293 17,971 103,236 - 557,919 Accounts receivable - 51 - 21,097 - 1,525,334 Notes and contracts receivable - - - - - 1,045,546 Due from other funds - - - - - 400,000 Total assets $ 282,456 $ 149,923 $ 230,895 $ 981,098 $ 483,837 $ 27,201,502 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ - $ 8,422 $ 529 $ 133,226 $ - $ 1,067,249 Deficit in pooled cash accounts - - - - - 18,476 Deferred revenues - 8,234 14,377 82,589 - 1,262,454 Total liabilities - 16,656 14,906 215,815 - 2,348,179 Fund balances: Undesignated 282,456 133,267 215,989 765,283 483,837 24,853,323 Total liabilities and fund balances $ 282,456 $ 149,923 $ 230,895 $ 981,098 $ 483,837 $ 27,201,502 -78- DESCHUTES COUNTY, OREGON NONMAJOR DEBT SERVICE FUNDS COMBINING BALANCE SHEET JUNE 30, 2005 LIABILITIES AND FUND BALANCES Liabilities: Deferred revenues $ 261,347 $ 583,646 $ 281,389 $ - $ - Fund balances: Unreserved 3,798 23,582 81,135 15,756 75,962 Total liabilities and fund balances $ 265,145 $ 607,228 $ 362,524 $ 15,756 $ 75,962 Continued -79- CDD Bldg Full 2000 Series 2003 Series 2005 Series Faith & LTD Tax LTD Tax LTD Tax Credit, Series Full Faith & Improvement Improvement Improvement 2004 Credit 2003 ASSETS Cash and cash equivalents $ 1,400 $ 8,690 $ 29,897 $ 5,805 $ 9,482 Investments, plus accrued interest 2,398 14,892 51,238 9,951 16,250 Taxes receivable - - - - - Accounts receivable - - - - 50,230 Assessments receivable 261,347 583,646 281,389 - - Total assets $ 265,145 $ 607,228 $ 362,524 $ 15,756 $ 75,962 LIABILITIES AND FUND BALANCES Liabilities: Deferred revenues $ 261,347 $ 583,646 $ 281,389 $ - $ - Fund balances: Unreserved 3,798 23,582 81,135 15,756 75,962 Total liabilities and fund balances $ 265,145 $ 607,228 $ 362,524 $ 15,756 $ 75,962 Continued -79- DESCHUTES COUNTY, OREGON NONMAJOR DEBT SERVICE FUNDS COMBINING BALANCE SHEET JUNE 30, 2005 LIABILITIES AND FUND BALANCES Liabilities: Deferred revenues $ - $ - $ 63,497 $ - $ - Fund balances: Unreserved 652,569 136,759 274,684 64,884 40,493 Total liabilities and fund balances $ 652,569 $ 136,759 $ 338,181 $ 64,884 $ 40,493 Continued -80- Government Public Safety Redmond HHS/BJCC Center General Building 1994 PERS Series 1998 COPs 1989/98 COPs Obligation COPs 2002/2004 ASSETS Cash and cash equivalents $ 240,458 $ 50,393 $ 95,420 $ 23,908 $ 14,921 Investments, plus accrued interest 412,111 86,366 163,389 40,976 25,572 Taxes receivable - - 79,372 - - Accounts receivable - - - - - Assessments receivable - - - - - Total assets $ 652,569 $ 136,759 $ 338,181 $ 64,884 $ 40,493 LIABILITIES AND FUND BALANCES Liabilities: Deferred revenues $ - $ - $ 63,497 $ - $ - Fund balances: Unreserved 652,569 136,759 274,684 64,884 40,493 Total liabilities and fund balances $ 652,569 $ 136,759 $ 338,181 $ 64,884 $ 40,493 Continued -80- DESCHUTES COUNTY, OREGON NONMAJOR DEBT SERVICE FUNDS COMBINING BALANCE SHEET JUNE 30, 2005 LIABILITIES AND FUND BALANCES Liabilities: Deferred revenues $ - $ 20,612 $ 5,877 $ 3,015 $ 1,219,383 Fund balances: Unreserved 160,633 87,920 10,112 10,387 1,638,674 Total liabilities and fund balances $ 160,633 $ 108,532 $ 15,989 $ 13,402 $ 2,858,057 M Redmond Sunriver Total Non - Welcome Bend Library Library CSD Library CSD Major Debt Center CSD General General General Service 1988/98 COPs Obligation Obligation Obligation Funds ASSETS Cash and cash equivalents $ 59,190 $ 30,453 $ 3,180 $ 3,544 $ 576,741 Investments, plus accrued interest 101,443 52,314 5,463 6,090 988,453 Taxes receivable - 25,765 7,346 3,768 116,251 Accounts receivable - - - - 50,230 Assessments receivable - - - - 1,126,382 Total assets $ 160,633 $ 108,532 $ 15,989 $ 13,402 $ 2,858,057 LIABILITIES AND FUND BALANCES Liabilities: Deferred revenues $ - $ 20,612 $ 5,877 $ 3,015 $ 1,219,383 Fund balances: Unreserved 160,633 87,920 10,112 10,387 1,638,674 Total liabilities and fund balances $ 160,633 $ 108,532 $ 15,989 $ 13,402 $ 2,858,057 M DESCHUTES COUNTY, OREGON NONMAJOR CAPITAL PROJECT FUNDS COMBINING BALANCE SHEET JUNE 30, 2005 -82- La Pine Total Non - Local General Building Major Capital Newberry Improvement County Purchase and Remodel Courthouse Projects Neighborhood District Projects Remodel Projects Remodel Funds ASSETS Cash and cash equivalents $ 61,310 $ 173,403 $ 377,602 $ 106,175 $ 85,560 $ 283,563 $ 1,087,613 Investments, plus accrued interest 105,076 297,191 647,160 181,970 146,638 485,990 1,864,025 Taxes receivable - - 29,454 - - - 29,454 Accounts receivable - - - - 55,906 - 55,906 Notes and contracts receivable 1,636,774 - - - - - 1,636,774 Assessments receivable - 23,402 - - - - 23,402 Total assets $ 1,803,160 $ 493,996 T 1,054,216 $ 288,145 $ 288,104 $ 769,553 $ 4,697,174 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ 31,630 $ - $ 68,565 $ 1,642 $ 187,844 $ 254,227 $ 543,908 Deposits - 3,200 - - - - 3,200 Due to other funds 400,000 - - - - - 400,000 Deferred revenues 1,636,774 23,402 23,563 - - - 1,683,739 Total liabilities 2,068,404 26,602 92,128 1,642 187,844 254,227 2,630,847 Fund balances: Unreserved (265,244) 467,394 962,088 286,503 100,260 515,326 2,066,327 Total liabilities and fund balances $ 1,803,160 $ 493,996 $ 1,054,216 $ 288,145 $ 288,104 $ 769,553 $ 4,697,174 -82- DESCHUTES COUNTY, OREGON NONMAJOR GOVERNMENTAL FUNDS COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Taxes -Other Licenses and Permits Fines, forfeitures and penalties Investment earnings and rent Charges for services Other Intergovernmental Local State Federal Total revenues EXPENDITURES Current: General services Education County roads Public safety Health and welfare Debt service: Principal Interest Trustee fees Debt issuance costs Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in from other funds Transfer out to other funds Issuance of debt Discount on bonds Refunding bonds issued Premium on refunding bonds Payment to refunded debt escrow agent Proceeds of sale of assets Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Special Total Nonmajor Revenue Debt Service Capital Project Governmental Funds Funds Funds Funds $ 6,384,480 $ 2,839,112 $ 466,940 $ 9,690,532 3,048,662 - - 3,048,662 196,001 - - 196,001 471,782 - - 471,782 557,978 709,118 638,162 1,905,258 12,030,634 1,115,294 232,190 13,378,118 837,965 - 14,842 852,807 1,290,080 - - 1,290,080 11,777,314 - - 11,777,314 2,309,797 - 245,468 2,555,265 38,904,693 4,663,524 1,597,602 45,165,819 7,283,399 - - 7,283,399 1,151,264 - - 1,151,264 605,242 - - 605,242 17,764,330 - - 17,764,330 10,071,967 - - 10,071,967 - 3,561,475 - 3,561,475 - 3,334,145 - 3,334,145 - 7,685 - 7,685 - 53,280 56,542 109,822 2,360,900 - 6,706,642 9,067,542 39,237,102 6,956,585 6,763,184 52,956,871 (332,409) (2,293,061) (5,165,582) (7,791,052) 10,903,193 2,247,804 600,000 13,750,997 (5,248,739) - (1,161,919) (6,410,658) - - 2,722,797 2,722,797 - - (4,504) (4,504) - 1,790,000 - 1,790,000 - 3,514 - 3,514 - (1,953,354) - (1,953,354) 466,504 - - 466,504 6,120,958 2,087,964 2,156,374 10,365,296 5,788,549 (205,097) (3,009,208) 2,574,244 19,064,774 1,843,771 5,075,535 25,984,080 Fund balance - End of year $ 24,853,323 $ 1,638,674 $ 2,066,327 $ 28,558,324 -83- DESCHUTES COUNTY, OREGON NONMAJOR SPECIAL REVENUE FUNDS COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Taxes -Other Licenses and Permits Fines, forfeitures and penalties Investment earnings and rent Charges for services Other Intergovernmental Local State Federal Total revenues EXPENDITURES Current: General services Education County roads Public safety Health and welfare Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Community Business Development Cultural Grant Loan Block Grant Coaltion Projects Justice Court 1,155 101 62 462 566 - - - 70,000 - 111,601 - - - - 533,906 6,624 14,203 - 112,756 534,007 6,686 84,665 566 99,774 535,572 3,000 85,115 391,771 99,774 535,572 85,115 391,771 3,000 12,982 (1,565) 3,686 (450) (391,205) OTHER FINANCING SOURCES (USES) Transfers in from other funds - - - - 421,528 Transfer out to other funds (250,000) - - - - Proceeds of sale of assets - Total other financing sources (uses) (250,000) - - - 421,528 Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year (237,018) (1,565) 3,686 (450) 30,323 308,734 2,358 - 18,246 53,192 $ 71,716 $ 793 $ 3,686 $ 17,796 $ 83,515 M2 Continued DESCHUTES COUNTY, OREGON NONMAJOR SPECIAL REVENUE FUNDS COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Taxes -Other Licenses and Permits Fines, forfeitures and penalties Investment earnings and rent Charges for services Other Intergovernmental Local State Federal Total revenues EXPENDITURES Current: General services Education County roads Public safety Health and welfare Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Park La Pine La Pine Acquisition & PERS County Industrial Senior Center Development Reserve School 42,700 - - - - - - 335 14,447 4,884 14,392 84,634 1,327 - - - 2,071,440 - 18,694 562,741 - - - 97,143 - 160,750 - - - - 989,156 33,141 567,625 154,235 2,156,074 1,151,568 194,292 25,549 42,560 850 - - - - - 1,151,264 - - 96,924 - - 194,292 25,549 139,484 850 1,1511264 (161,151) 542,076 14,751 2,155,224 304 OTHER FINANCING SOURCES (USES) Transfers in from other funds Transfer out to other funds - - - (70,408) - Proceeds of sale of assets 168,429 - - - Total other financing sources (uses) 168,429 - - (70,408) - Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year 7,278 542,076 14,751 2,084,816 304 122 - 615,094 3,011,984 19 $ 7,400 $ 542,076 $ 629,845 $ 5,096,800 $ 323 -85- Continued DESCHUTES COUNTY, OREGON NONMAJOR SPECIAL REVENUE FUNDS COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Taxes -Other Licenses and Permits Fines, forfeitures and penalties Investment earnings and rent Charges for services Other Intergovernmental Local State Federal Total revenues EXPENDITURES Current: General services Education County roads Public safety Health and welfare Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in from other funds Transfer out to other funds Proceeds of sale of assets Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year Special Taylor Transient Video Welcome Transportation Grazing Room Tax Lottery Center 2,613,139 - 435,523 1,856 345 6,656 5,472 2,078 - - _ - 78,783 333,666 3,767 - 435,234 6,614 335,522 4,112 2,619,795 440,706 522,998 15,758 537,968 361,326 353,594 340,040 - - - 340,040 15,758 537,968 361,326 353,594 (4,518) (11,646) 2,081,827 79,380 169,404 (2,079,652) (176,500) (160,000) (2,079,652) (176,500) (160,000) (4,518) (11,646) 2,175 (97,120) 9,404 19,721 14,511 281,252 292,058 61,642 $ 15,203 $ 2,865 $ 283,427 $ 194,938 $ 71,046 Continued DESCHUTES COUNTY, OREGON NONMAJOR SPECIAL REVENUE FUNDS COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Taxes -Other Licenses and Permits Fines, forfeitures and penalties Investment earnings and rent Charges for services Other Intergovernmental Local State Federal Total revenues EXPENDITURES Current: General services Education County roads Public safety Health and welfare Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Industrial Land Sales Liquor Victims' Development Maintenance Enforcement Assistance Law Library - - 46,898 1,488 - 595 5,767 993 333 1,079 - 29,394 - 31,325 1,157 1,350 - - - - 44,224 125,856 - - 35,023 - 1,945 35,161 47,891 112,393 128,092 14,566 27,848 - - 104,069 - 250,056 - 2,027 - - 14,566 27,848 2,027 250,056 104,069 (12,621) 7,313 45,864 (137,663) 24,023 Transfers in from other funds - - - 133,935 - Transfer out to other funds - - (35,000) - - Proceeds of sale of assets - - - - - Total other financing sources (uses) - - (35,000) 133,935 - Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year (12,621) 7,313 10,864 (3,728) 24,023 28,621 281,364 40,980 21558 30,157 $ 16,000 $ 288,677 $ 51,844 $ 20,830 $ 54,180 -87- Continued DESCHUTES COUNTY, OREGON NONMAJOR SPECIAL REVENUE FUNDS COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Taxes -Other Licenses and Permits Fines, forfeitures and penalties Investment earnings and rent Charges for services Other Intergovernmental Local State Federal Total revenues EXPENDITURES Current: General services Education County roads Public safety Health and welfare Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Commission Community Sheriff s County Clerk on Children & Justice Asset Court Records Families Juvenile Forfeiture Facilities - - 2,482 - 84,445 3,859 19,478 40,607 1,742 442 95,088 42,679 571,635 - - - 7,800 - - - 889,447 361,729 - - - 646,328 164,846 - 98,947 1,605,732 1,141,299 1,742 84,887 132,121 - - - - - 6,047,321 1,109 112,305 2,222,558 - - - 132,121 2,222,558 6,047,321 1,109 112,305 (33,174) (616,826) (4,906,022) 633 (27,418) Transfers in from other funds 50,000 580,500 4,961,539 - - Transfer out to other funds - - - - Proceeds of sale of assets - - - - Total other financing sources (uses) 50,000 580,500 4,961,539 - - Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year 16,826 (36,326) 55,517 633 (27,418) 148,965 641,308 199,022 81,042 35,663 $ 165,791 $ 604,982 $ 254,539 $ 81,675 $ 8,245 Continued DESCHUTES COUNTY, OREGON NONMAJOR SPECIAL REVENUE FUNDS COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Taxes -Other Licenses and Permits Fines, forfeitures and penalties Investment earnings and rent Charges for services Other Intergovernmental Local State Federal Total revenues EXPENDITURES Current: General services Education County roads Public safety Health and welfare Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Des Co Sheriff's Communication Capital System Reserve Health Healthy Start ABHA 2,573 13,522 19,292 3,626 7,296 549,368 - 441,884 306,714 - - - 11,741 63 - 19,544 - - 2,302,967 143,636 2,546,072 551,941 13,522 2,795,428 454,039 2,553,368 138,008 - - - - - - 4,466,655 428,394 2,185,080 411,675 - 49,474 - - 549,683 - 4,516,129 428,394 2,185,080 2,258 13,522 (1,720,701) 25,645 368,288 Transfers in from other funds - 220,605 2,289,411 61,389 - Transfer out to other funds (79,216) - (150,000) - (318,000) Proceeds of sale of assets - - - - Total other financing sources (uses) (79,216) 220,605 2,139,411 61,389 (318,000) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year (76,958) 234,127 418,710 87,034 50,288 180,760 496,567 843,357 164,121 436,509 $ 103,802 $ 730,694 $ 1,262,067 $ 251,155 $ 486,797 R Continued DESCHUTES COUNTY, OREGON NONMAJOR SPECIAL REVENUE FUNDS COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Taxes -Other Licenses and Permits Fines, forfeitures and penalties Investment earnings and rent Charges for services Other Intergovernmental Local State Federal Total revenues EXPENDITURES Current: General services Education County roads Public safety Health and welfare Capital outlay Total expenditures Acute Care Public Land Code Community Services OHP-CDO Corner Abatement Development 120 - - - - - - 7,481 848 2,855 16,845 612 31,425 - - 697,649 - 6,003,446 - - 51,338 - - - - 1,012,341 450,000 514,051 - - - - - 87,499 450,848 516,906 714,614 612 7,193,530 569,711 391 3,049,732 - - - 2,572,046 - 427,213 - - - - - - 18,429 427,213 569,711 391 5,640,207 Excess (deficiency) of revenues over expenditures 450,848 89,693 144,903 221 1,553,323 OTHER FINANCING SOURCES (USES) Transfers in from other funds - - - - - Transfer out to other funds - (82,000) - - (1,099,477) Proceeds of sale of assets 290,000 - - - - Total other financing sources (uses) 290,000 (82,000) - - (1,099,477) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year 740,848 7,693 144,903 221 453,846 - 99,777 714,130 28,486 1,132,728 $ 740,848 $ 107,470 $ 859,033 $ 28,707 $ 1,586,574 0 Continued DESCHUTES COUNTY, OREGON NONMAJOR SPECIAL REVENUE FUNDS COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Taxes -Other Licenses and Permits Fines, forfeitures and penalties Investment earnings and rent Charges for services Other Intergovernmental Local State Federal Total revenues EXPENDITURES Current: General services Education County roads Public safety Health and welfare Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Community CDD Building CDD Development Program Electrical GIS CDD-TDC Reserve Reserve Reserve Dedicated 2,162 33,128 6,931 1,204 20,445 - - - - 484,221 101,107 2,162 33,128 6,931 1,204 605,773 3,713 - - - 377,647 22,500 - - - 14,654 26,213 - - - 392,301 (24,051) 33,128 6,931 1,204 213,472 Transfers in from other funds - 459,477 370,000 70,000 - Transfer out to other funds - - - - (156,681) Proceeds of sale of assets - - - - - Total other financing sources (uses) - 459,477 370,000 70,000 (156,681) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year (24,051) 492,605 376,931 71,204 56,791 116,701 1,536,123 190,441 31,067 936,823 $ 92,650 $ 2,028,728 $ 567,372 $ 102,271 $ 993,614 -91- Continued DESCHUTES COUNTY, OREGON NONMAJOR SPECIAL REVENUE FUNDS COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Taxes -Other Licenses and Permits Fines, forfeitures and penalties Investment earnings and rent Charges for services Other Intergovernmental Local State Federal Total revenues EXPENDITURES Current: General services Education County roads Public safety Health and welfare Capital outlay Total expenditures Vehicle Natural Road Road Maintenance Resource Federal Building & Improvement & Protecton Forest Title III Equipment Reserve Replacement 1,575 6,476 22,339 17,301 19,970 49,958 - - - 267,900 120,190 - - - 11,155 - - - - 37,831 349,114 - - - 220,709 355,590 22,339 17,301 287,870 85,567 232,328 352,593 20,321 - - - - 976,248 - 249,839 232,328 352,593 996,569 - 335,406 Excess (deficiency) of revenues over expenditures (11,619) 2,997 (974,230) 17,301 (47,536) OTHER FINANCING SOURCES (USES) Transfers in from other funds 20,000 - 850,000 - - Transfer out to other funds - - - (290,000) (12,605) Proceeds of sale of assets - - - - 8,075 Total other financing sources (uses) 20,000 - 850,000 (290,000) (4,530) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year 8,381 2,997 (124,230) (272,699) (52,066) 76,957 188,301 824,744 870,952 798,310 $ 85,338 $_191_298 $ 700,514 $ 598,253 $ 746,244 -92- Continued DESCHUTES COUNTY, OREGON NONMAJOR SPECIAL REVENUE FUNDS COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Taxes -Other Licenses and Permits Fines, forfeitures and penalties Investment earnings and rent Charges for services Other Intergovernmental Local State Federal Total revenues EXPENDITURES Current: General services Education County roads Public safety Health and welfare Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Deschutes Adult Parole Deschutes County 911 Dog Control & Probation County 911 Reserve Extension 4-H $ - $ - $ 2,959,547 $ - $ 264,177 153,181 - - - 2,242 326,411 - - - 1,502 28,567 39,378 3,351 3,295 - 116,136 22,511 - 2,151 - 59,222 - - 1,919,448 745,715 - 30,000 156,925 2,390,562 3,826,373 3,351 299,623 - - 270,905 253,056 2,508,448 2,791,017 - - - 394,254 - 1,950 253,056 2,508,448 3,185,271 - 272,855 (96,131) (117,886) 641,102 3,351 26,768 Transfers in from other funds 103,309 22,300 - 130,000 - Transfer out to other funds - - (130,000) - - Proceeds of sale of assets - - - - Total other financing sources (uses) 103,309 22,300 (130,000) 130,000 - Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year 7,178 (95,586) 511,102 133,351 26,768 42,151 423,902 1,252,123 149,105 106,499 $ 49,329 $ 328,316 $ 1,763,225 $ 282,456 $ 133,267 -93- Continued DESCHUTES COUNTY, OREGON NONMAJOR SPECIAL REVENUE FUNDS COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Taxes -Other Licenses and Permits Fines, forfeitures and penalties Investment earnings and rent Charges for services Other Intergovernmental Local State Federal Total revenues EXPENDITURES Current: General services Education County roads Public safety Health and welfare Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in from other funds Transfer out to other funds Proceeds of sale of assets Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year Black Butte Ranch Sunriver Sunriver County Service Service Total Non -Major Service District - District - Special District General Fund Reserve Fund Revenue Funds $ 449,990 $ 2,710,766 $ - $ 6,384,480 - - - 3,048,662 - 196,001 - - - 471,782 5,696 24,538 7,894 557,978 13,200 162,778 - 12,030,634 11,678 9,380 51,579 837,965 1,290,080 11,777,314 - - - 2,309,797 480,564 2,907,462 59,473 38,904,693 7,283,399 1,151,264 - - - 605,242 487,186 2,603,658 120 17,764,330 - - - 10,071,967 31,978 - 92,975 2,360,900 519,164 2,603,658 93,095 39,237,102 (38,600) 303,804 (33,622) (332,409) 159,200 10,903,193 (159,200) - (5,248,739) - - 466,504 (159,200) 159,200 6,120,958 (38,600) 144,604 125,578 5,788,549 254,589 620,679 358,259 19,064,774 $ 215,989 $ 765,283 $ 483,837 $ 24,853,323 -94- DESCHUTES COUNTY, OREGON NONMAJOR DEBT SERVICE FUNDS COMBINING STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCES FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Investment earnings and rent Charges for services Total revenues EXPENDITURES Materials and services Debt Service: Principal Interest Bond issuance cost Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in from other funds Refunding bonds issued Premium on refunding bonds Payment to refunded bond escrow agent Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year 16,453 40,140 4,223 1,315 58,763 261,567 76,912 - 75,216 301,707 81,135 1,315 450 61,459 303,245 - 145,000 18,962 30,095 - 33,488 - - - 53,280 80,421 333,340 - 232,218 (5,205) (31,633) 81,135 (230,903) - 200,000 - 1,790,000 - 3,514 - (1,953,354) - 40,160 (5,205) (31,633) 81,135 (190,743) 9,003 55,215 - 206,499 $ 3,798 $ 23,582 $ 81,135 $ 15,756 -95- Continued CDD Bldg Full 2000 Series 2003 Series 2005 Series Faith & LTD Tax LTD Tax LTD Tax Credit, Series Improvement Improvement Improvement 2004 16,453 40,140 4,223 1,315 58,763 261,567 76,912 - 75,216 301,707 81,135 1,315 450 61,459 303,245 - 145,000 18,962 30,095 - 33,488 - - - 53,280 80,421 333,340 - 232,218 (5,205) (31,633) 81,135 (230,903) - 200,000 - 1,790,000 - 3,514 - (1,953,354) - 40,160 (5,205) (31,633) 81,135 (190,743) 9,003 55,215 - 206,499 $ 3,798 $ 23,582 $ 81,135 $ 15,756 -95- Continued DESCHUTES COUNTY, OREGON NONMAJOR DEBT SERVICE FUNDS COMBINING STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCES FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Investment earnings and rent Charges for services Total revenues EXPENDITURES Materials and services Debt Service: Principal Interest Bond issuance cost Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in from other funds Refunding bonds issued Premium on refunding bonds Payment to refunded bond escrow agent Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year Government Public Safety Full Faith & HHS/BJCC Center General Credit 2003 1998 COPS 1989/98 COPs Obligation $ - $ - $ - $ 1,961,868 598,897 9,076 1,701 18,878 598,897 9,076 1,701 1,980,746 1,000 3,050 1,280 - 481,289 340,000 110,000 1,310,000 1,104,992 307,453 26,190 705,530 1,001'Zol ooy,oy3 13 / ,fF / y G,y 1 o,yJu (988,384) (641,427) (135,769) (34,784) 984,035 656,456 136,305 - u04'yaa Dou"+yo 10v,ovu - (4,349) 15,029 536 (34,784) 80,311 637,540 136,223 309,468 $ 75,962 $ 652,569 $ 136,759 $ 274,684 ma Continued DESCHUTES COUNTY, OREGON NONMAJOR DEBT SERVICE FUNDS COMBINING STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCES FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Investment earnings and rent Charges for services Total revenues EXPENDITURES Materials and services Debt Service: Principal Interest Bond issuance cost Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Redmond PERS Series Welcome Bend Library Building 1994 2002 and Center CSD General COPs 2004 1988198 COPS Obligation $ - $ - $ - $ 605,724 1,039 3,706 2,149 8,080 - 718,052 - - 1,039 721,758 2,149 613,804 625 - 1,280 - 30,000 25,583 110,000 485,000 11,200 726,437 42,712 207,060 41,825 752,020 153,992 692,060 (40,786) (30,262) (151,843) (78,256) Transfers in from other funds 40,600 70,408 160,000 - Refunding bonds issued - - - Premium on refunding bonds - - - - Payment to refunded bond escrow agent - - - - Total other financing sources (uses) 40,600 70,408 160,000 - Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year (186) 40,146 8,157 (78,256) 65,070 347 152,476 166,176 $ 64,884 $ 40,493 $ 160,633 $ 87,920 -97- Continued DESCHUTES COUNTY, OREGON NONMAJOR DEBT SERVICE FUNDS COMBINING STATEMENT OF REVENU ES,EXPENDITU RES AND CHANGES IN FUND BALANCES FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Investment earnings and rent Charges for services Total revenues EXPENDITURES Materials and services Debt Service: Principal Interest Bond issuance cost Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in from other funds Refunding bonds issued Premium on refunding bonds Payment to refunded bond escrow agent Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year UR Redmond Sunriver Total Non - Library CSD Library CSD Major Debt General General Service Obligation Obligation Funds $ 178,912 $ 92,608 $ 2,839,112 2,392 1,069 709,118 - - 1,115,294 181,304 93,677 4,663,524 7,685 109,899 50,000 3,561,475 75,101 44,925 3,334,145 - - 53,280 185,000 94,925 6,956,585 (3,696) (1,248) (2,293,061) - 2,247,804 - - 1,790,000 - - 3,514 - - (1,953,354) 2,087,964 (3,696) (1,248) (205,097) 13,808 11,635 1,843,771 $ 10,112 $ 10,387 $ 1,638,674 DESCHUTES COUNTY, OREGON NONMAJOR CAPITAL PROJECTS FUNDS COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Investment earnings and rent Charges for services Other Intergovernmental Federal Total revenues EXPENDITURES Capital outlay Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in from other funds Transfer out to other funds Issuance of debt Discount on debt Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year La Pine Local General Building Newberry Improvement County Purchase/ Neighborhood District Projects Remodel 6,368 10,996 - 232,190 14,842 - 245,468 266,678 $ 466,940 $ - 560,475 6,452 243,186 1,027,415 6,452 1,386,621 611,793 340,669 23,635 (1,119,943) (368,607) 686,746 (17,183) (63,505) - (1,098,414) - 370,000 822,228 - (1,574) - (63,505) 370,000 (277,760) - (1,183,448) 1,393 408,986 (17,183) 918,204 466,001 553,102 303,686 $ (265,244) $ 467,394 $ 962,088 $ 286,503 Continued -99- DESCHUTES COUNTY, OREGON NONMAJOR CAPITAL PROJECTS FUNDS COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Investment earnings and rent Charges for services Other Intergovernmental Federal Total revenues EXPENDITURES Capital outlay Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in from other funds Transfer out to other funds Issuance of debt Discount on debt Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year 1111112 Total Non - Major Capital Remodel Courthouse Projects Projects Remodel Funds $ - $ - $ 466,940 40,962 12,909 638,162 - - 232,190 14,842 - - 245,468 40,962 12,909 1,597,602 3,375,244 1,025,222 6,763,184 (3,334,282) (1,012,313) (5,165,582) 600,000 - 600,000 - - (1,161,919) 1,530,569 2,722,797 - (2,930) (4,504) 600,000 1,527,639 2,156,374 (2,734,282) 515,326 (3,009,208) 2,834,542 - 5,075,535 $ 100,260 $ 515,326 $ 2,066,327 COMBINING PROPRIETARY FUNDS This page intentionally left blank. DESCHUTES COUNTY, OREGON SOLID WASTE FUNDS COMBINING STATEMENT OF NET ASSETS JUNE 30, 2005 -103- Solid Waste Solid Waste Solid Waste Solid Waste Landfill Landfill Capital Equipment Environmental North Area Operations Closure Postclosure Projects Reserve Remediation Development Total ASSETS Current assets: Cash and cash equivalents $ 626,950 $1,799,783 $ 575,352 $ 722,810 $ 442,097 $ 645,702 $ 2,076,337 $ 6,889,031 Investments, plus accrued interest 1,074,507 3,084,585 986,076 1,238,799 757,695 1,106,647 3,558,563 11,806,872 Accounts receivable 544,948 544,948 Total current assets 2,246,405 4,884,368 1,561,428 1,961,609 1,199,792 1,752,349 5,634,900 19,240,851 Noncurrent assets: Capital assets: Land 347,703 - 154,800 - - 502 503 Construction in progress - - - 1,229,376 1,229,376 Land Improvements 2,205,655 - 3,027,365 - 5,233,020 Buildings and improvements, net 194,854 - - 275,939 - - 470,793 Equipment (3,436) 282,171 - 1,083,631 808,437 - - 2,170,803 Vehicles 78,499 - - - - - - 78,499 Deferred financing costs 131,984 - - - - 131,984 Total noncurrent assets 2,955,259 282,171 4,541,735 808,437 1,229,376 9,816,978 Total assets 5,201,664 5,166,539 1,561,428 6,503,344 2,008,229 1,752,349 6,864,276 29,057,829 LIABILITIES Current liabilities: Accounts payable 162,616 - - 31,250 - - 193,866 Interest payable 21,308 - - 21,308 Bonds and notes payable 124,720 124,720 Total current liabilities 308,644 31,250 339,894 Noncurrent liabilities 5,842,352 Bonds and notes payable 5,842,352 - - - Premium on bonds payable 44,747 - - - - - - 44,747 Accrued compensated leave 107,524 - - - - - 107,524 Accrued closure / postdosure 9,376,317 9,376,317 Total noncurrent liabilities 15,370,940 15,370,940 Total liabilities 15,679,584 31,250 15,710,834 NET ASSETS Invested in capital assets, net of related debt (3,143,797) 282,171 - 4,541,735 808,437 - 1,229,376 3,717,922 Unrestricted (7,334,123) 4,884,368 1,561,428 1,930,359 1,199,792 1,752,349 5,634,000 9,629,073 Total net assets $(10,477,920) $5,166,539 $1,561,428 $6,472,094 $ 2,008,229 $ 1,752,349 $ 6,864,276 $13,346,995 -103- DESCHUTES COUNTY, OREGON FAIR & EXPO CENTER FUNDS COMBINING STATEMENT OF NET ASSETS JUNE 30, 2005 LIABILITIES Current liabilities: Accounts payable 42,841 5,735 7,395 Fair & Expo Fairgrounds Unearned revenues 187,997 Fair & Expo Annual Fair & Expo Center G.O. Bonds 53,163 - Center County Fair Construction Reserve Debt Service Total ASSETS - 1,075,000 1,160,331 Total current liabilities 369,332 199,696 7,395 Current assets: 1,733,086 Noncurrent liabilities Cash and cash equivalents $ 147,859 $ 35,396 $ 912,017 $ 146,275 $ 95,168 $ 1,336,715 Investments, plus accrued interest 251,709 60,663 1,563,074 250,696 163,105 2,289,247 Accounts receivable 10,097 - - - - 10,097 Taxes receivable - - - - 76,761 76,761 Prepaid items - 127,292 - - - 127,292 Total current assets 409,665 223,351 2,475,091 396,971 335,034 3,840,112 Noncurrent assets: NET ASSETS Capital assets: Invested in capital assets, net of related debt 26,139,240 - - - (22,230,000) Land 132,685 - - - - 132,685 Land improvements 7,258,436 - - - - 7,258,436 Building and improvements 18,728,272 - - - - 18,728,272 Equipment and vehicles 632,300 - - - - 632,300 Total capital assets 26,751,693 - - - - 26,751,693 Other - deferred financing costs 55,256 - - - 1,443,266 1,498,522 Total assets 27,216,614 223,351 2,475,091 396,971 1,778,300 32,090,327 LIABILITIES Current liabilities: Accounts payable 42,841 5,735 7,395 - - 55,971 Unearned revenues 187,997 193,961 - - - 381,958 Interest payable 53,163 - - - 81,663 134,826 Bonds and notes payable 85,331 - - - 1,075,000 1,160,331 Total current liabilities 369,332 199,696 7,395 - 1,156,663 1,733,086 Noncurrent liabilities Bonds and notes payable 3,314,014 - - - 21,155,000 24,469,014 Discount on bonds payable (5,336) - - - - (5,336) Premium on bonds payable 746 - - - 699,938.00 700,684 Accrued compensated leave 82,828 14,760 - - - 97,588 Total noncurrent liabilities 3,392,252 14,760 - - 21,854,938 25,261,950 Total liabilities 3,761,584 214,456 7,395 - 23,011,601 26,995,036 NET ASSETS Invested in capital assets, net of related debt 26,139,240 - - - (22,230,000) 3,909,240 Unrestricted (2,684,210) 8,895 2,467,696 396,971 996,699 1,186,051 Total net assets $ 23,455,030 $ 8,895 $ 2,467,696 $ 396,971 $(21,23 301 $ 5,095,291 -104- DESCHUTES COUNTY, OREGON NONMAJOR INTERNAL SERVICE FUNDS COMBINING STATEMENT OF NET ASSETS JUNE 30, 2005 LIABILITIES Current liabilities Accounts payable 59,070 3,628 9,098 1,277 33,061 2,594 84,949 Health Total Internal Unearned revenue Building Administrative - _ _ Information _ Benefits Services Accrued compensated leave Services Services Finance Legal Personnel Technology R Reserve Insurance Trust Funds ASSETS 859,487 809,567 1,669,054 Current assets: 158,367 19,868 105,111 40,222 81,064 180,856 986,639 818,183 2,390,310 Cash and cash equivalents $ 130,390 $ 3,190 $ 142,413 $ 20,827 $ 101,090 $ 172,080 $ 13,688 $ 641,809 $ 1,668,668 $ 2,894,155 Investments, plus accrued interest 223,471 5,467 244,076 35,694 173,254 294,922 23,459 1,099,975 2,859,873 4,960,191 Accounts receivable 11,041 - - - 81,064 8,659 - 9,056 52,272 81,028 Prepaid items 3,300 3,300 Total current assets 364,902 11,957 386,489 56,521 274,344 475,661 37,147 1,750,840 4,580,813 7,938,674 Noncurrent assets: 206,535 (7,911) 281,378 16,299 193,280 294,805 107,946 922,739 3,762,630 5,777,701 Notes receivable - $ (7,911) $ 315,827 $ 16,299 $ 193,280 $ 376,892 $ - 158,538 - 158,538 Capital assets: Land Improvements 89,069 - - - - 89,069 Equipment and vehicles, net 138,739 34,449 82,087 229,337 2,321 486,933 Total noncurrent assets 227,808 34,449 82,087 229,337 160,859 734,540 Total assets 592,710 11,957 420,938 56,521 274,344 557,748 266,484 1,911,699 4,580,813 8,673,214 LIABILITIES Current liabilities Accounts payable 59,070 3,628 9,098 1,277 33,061 2,594 84,949 1,178 194,855 Unearned revenue 24,721 - - _ _ _ _ 24,721 Accrued compensated leave 74,576 16,240 96,013 38,945 48,003 178,262 42,203 7,438 501,680 Accrued claims payable 859,487 809,567 1,669,054 Total current liabilities 158,367 19,868 105,111 40,222 81,064 180,856 986,639 818,183 2,390,310 Noncurrent liabilities Bonds, notes and COPS payable 156,538 158,538 Total liabilities 158,367 19,868 105,111 40,222 81,064 180,856 158,538 986,639 818,183 2,548,848 NET ASSETS Invested in capital assets, net of related debt 227,808 - 34,449 82,087 - 2,321 - 346,665 Unrestricted 206,535 (7,911) 281,378 16,299 193,280 294,805 107,946 922,739 3,762,630 5,777,701 Total net assets $ 434,343 $ (7,911) $ 315,827 $ 16,299 $ 193,280 $ 376,892 $ 107,946 S 925,060 $ 3,762,630 $ 6,124,366 -105- DESCHUTES COUNTY, OREGON SOLID WASTE FUNDS COMBING SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS FOR THE YEAR ENDED JUNE 30, 2005 -106- Solid Waste Solid Waste SW North Solid Waste Landfill Landfill Post- Capital Equipment Environmental Area Operations Closure Closure Projects Reserve Remedlation Development Total OPERATING REVENUES Charges for services $ 7,043,816 $ $ $ $ $ $ $ 7,043,816 Miscellaneous 58,408 58,408 Total operating revenues 7,102,224 7,102,224 OPERATING EXPENSES Personnel 1,345,895 1,345,895 Materials and services 2,575,184 9,193 2,584,377 Landfill closure/postclosure care costs 540,950 - 540,950 Depreciation 556,692 - 556,692 Total operating expenses 5,018,721 9,193 5,027,914 Operating income (loss) 2,083,503 (9,193) 2,074,310 NONOPERATING REVENUES (EXPENSES) Investment earnings 54,591 97,298 29,984 28,730 11,197 37,137 117,696 376,633 Amortization of bond issue costs (4,714) - - - - - (4,714) Interest expense (257,138) (2,034) (259,172) Interfund transfer of assets (671) (671) Gain (loss) on equipment disposition 90,857 - (135,873) (45,016) Total nonoperating revenues (expenses), net (117,075) 97,298 29,984 28,730 9,163 37,137 (18,177) 67,060 Income (loss) before transfers 1,966,428 97,298 29,984 28,730 (30) 37,137 (18,177) 2,141,370 Transfers in (out) (2,850,000) 400,000 200,000 1,000,000 1,100,000 - 150,000 Change in net assets (883,572) 497,298 229,984 1,028,730 1,099,970 37,137 131,823 2,141,370 Total net assets - Beginning of year (9,594,348) 4,669,241 1,331,444 5,443,364 908,259 1,715,212 6,732,453 11,205,625 Total net assets - End of year $ (10,477,920) $ 5,166,539 $ 1,561,428 $ 6,472,094 $ 2,008,229 $ 1,752,349 $ 6,864,276 $ 13,346,995 -106- DESCHUTES COUNTY, OREGON FAIR & EXPO CENTER FUNDS COMBINING SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN FUND ASSETS FOR THE YEAR ENDED JUNE 30, 2005 Fair and Fairgrounds Total Fair & Fair and Expo Annual Fair & Expo Expo Center G.O. Bonds Expo Center Center County Fair Construction Reserve Debt Service Funds OPERATING REVENUES Charges for services $ 1,046,280 $ 859,560 $ - $ - $ - $ 1,905,840 Total operating revenues 1,046,280 859,560 - - - 1,905,840 OPERATING EXPENSES Personnel 691,513 136,671 - - - 828,184 Materials and services 687,993 558,992 286,070 - - 1,533,055 Depreciation 708,092 - - - - 708,092 Total operating expenses 2,087,598 695,663 286,070 - 3,069,331 Operating income (loss) (1,041,318) 163,897 (286,070) - - (1,163,491) NONOPERATING REVENUES (EXPENSES) Grants 35,355 40,141 - - - 75,496 Property taxes - - - - 1,904,154 1,904,154 Investment earnings 5,212 1,687 25,266 7,435 11,521 51,121 Amortization of debt issuance costs (79) - - - (131,206) (131,285) Interest expense (69,284) - - - (935,771) (1,005,055) Total nonoperating revenues (expenses), net (28,796) 41,828 25,266 7,435 848,698 894,431 Income (loss) before transfers (1,070,114) 205,725 (260,804) 7,435 848,698 (269,060) Capital transfers (2,728,500) - 2,728,500 - - - Transfers in 873,685 - - 91,006 - 964,691 Transfers out (91,006) (191,000) - - - (282,006) Change in net assets (3,015,935) 14,725 2,467,696 98,441 848,698 413,625 Total net assets - Beginning of year 26,470,965 (5,830) - 298,530 (22,081,999) 4,681,666 Total net assets - End of year $ 23,455,030 $ 8,895 $ 2,467,696 $ 396,971 $ (21,233,301) $ 5,095,291 -107- DESCHUTES COUNTY, OREGON INTERNAL SERVICE FUNDS COMBINING STATEMENT OF REVENUES, EXPENSES AND CHANGES IN THE FUND NET ASSETS FOR THE YEAR ENDED JUNE 30, 2005 -108- Health Total Internal Building Administrative Information Benefits Services Services Services Finance Legal Personnel Technology IT Reserve Insurance Trust Funds OPERATING REVENUES Charges for services $1,668,836 $ 437,896 $1,036,986 $509,921 $ 552,019 $1,662,409 $ 210,681 $1,606,713 $ 9,367,682 $17,053,143 Miscellaneous 1,745 1,745 Total operating revenues 1,668,836 437,896 1,036,986 509,921 552,019 1,662,409 210,681 1,608,458 9,367,682 17,054,888 OPERATING EXPENSES Personnel 1,070,340 357,686 620,319 460,137 335,981 1,410,608 - 369,507 113,230 4,737,808 Materials and services 593,111 84,436 280,941 51,025 235,934 268,382 253,536 1,223,987 7,492,437 10,483,789 Depreciation 41,253 60,859 62,082 99,894 5,687 269,775 Total operating expenses 1,704,704 442,122 962,119 511,162 571,915 1,741,072 353,430 1,599,181 7,605,667 15,491,372 Operating income (loss) 35,868 (4,226) 74,867 (1,241 (19,896 78,66314( 2,749) 9,277 1,762,015 1,563,516 NONOPERATING REVENUES (EXPENSES) Investment earnings 6,454 482 6,276 1,467 6,164 11,199 5,848 37,660 79,016 154,566 Rents 9,036 - - - 9,036 Interest expense - - (3,385) (3,385) Interfund transfer of assets 11,718 - 7,411 2,083 21,212 Gain (Loss) on disposition of capital assets (656) 400 (256) Total nonoperating revenues (expenses), net 26,552 482 6,676 1,467 6,164 18,610 2,463 39,743 79,016 181,173 Income (loss) before transfers (9,316) (3,744) 81,643 226 (13,732) (60,053) (140,286) 49,020 1,841,031 1,744,689 Transfers in 44,000 45,000 - 10,000 46,164 420,000 565,164 Transfers out 420,000 (420,000) Change in net assets 34,684 41,256 81,543 10,226 (13,732) (13,889) (140,286) 469,020 1,421,031 1,889,853 Total net assets - Beginning of year 399,659 (49,167) 234,284 6,073 207,012 390,781 246,232 456,040 2,341,599 4,234,513 Total net assets- End of year $ 434,343 $ (7,911) $ 315,827 $ 16,299 $ 193,280 $ 376,892 $ 107,946 $ 925,060 $ 3,762,630 $ 6,124,366 -108- DESCHUTES COUNTY, OREGON SOLID WASTE FUNDS COMBINING STATEMENT OF CASH FLOWS FOR THE YEAR ENDED JUNE 30, 2005 -109- Solid Waste Solid Waste Solid Waste Solid Waste Landfill Landfill Capital Equipment Environmental North Area Operations Closure Postclosure Projects Reserve Remediation Development Total CASH FLOWS FROM OPERATING ACTIVITIES $ $ $ $ $ Receipts from customers $ 7,014,683 $ $ _ ,014,683 (11') Payments to employees (1,333,596) (2,490,905) (9,193) (2,500,098) Payments to suppliers Other receipts Net cash provided (used) by operating activities 58,408 3,248,590 (9'193) 3,239,397 CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES 525 Sale of capital assets Interfund transfers, net2( 525 ,850,000) 400,000 200,000 1,000,000 1100,000 150,000 Net cash provided by noncapital financing activities (2,849,475 400,000 200,000 1,000,000 1,100,000 150,000 525 CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Purchase of capital assets (113,136) - - (879,086) (458,684) (62,839) (1,513,745) Principal paid on capital debt (121,683) (103,370) (2,444) (225,053) (261,788) Interest paid on capital debt (259,345) Net cash provided (used) by capital and related financing activities (494,164) (879,086 (564,498) (62,839) (2,000,587) CASH FLOWS FROM INVESTING ACTIVITIES Sale (purchase) of Investments (122,270) (684,739) (257,528) (247,754) (394,167) (168,801) (569,284) (2,464,543) Interest 54,956 96,611 29,563 28,595 9,853 37,290 117,946 374,814 Net cash provided (used) by Investing activities (67,314) 588128 (227,965 219159 (384,314) (131,511) 471 3382( ,089,729) Net increase (decrease) In cash and cash equivalents (162,363) (188,128) (27,965) (98,245) 141,995 (131,511) (384,177) (850,394) Balances - Beginning of year 789,314 1,987,911 603,317 821,055 300,102 777,213 2,460,513 7,739,425 Balances - End of year $ 626,950 $ 1,799,783 $ 575,352 $ 722,810 $ 442,097 $ 645,702 $ 2,076,337 $ 6,889,031 Reconciliation of operating income (loss) to net cash provided (used) by operating activities: $ $ - $ $ (9,193) $ - $ - $ 2,074,310 Operating income (loss) $ 2,083,503 - Adjustments to reconcile operating Income to net cash provided (used) by operating activities: Depreciation expense 556,692'2 Change in assets and liabilities (29'132) Receivables, net (29,132) 637,527 Accounts and other payables 637,527 $ $ 9,193 $ $ $ 3,239,397 Net cash provided (used) by operating activities $ 3,248,590 $ $ -109- DESCHUTES COUNTY, OREGON FAIR & EXPO CENTER FUNDS COMBINING STATEMENT OF CASH FLOWS FOR THE YEAR ENDED JUNE 30, 2005 CASH FLOWS FROM OPERATING ACTIVITIES Receipts from customers Payments to employees Payments to suppliers Net cash provided (used) by operating activities CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES Property taxes Grants Interfund transfers in Interfund transfers out Net cash provided (used) by noncapital financing activities CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Purchase of capital assets Loan proceeds Bond issuance costs Discount on loans Principal paid on capital debt Interest paid on capital debt Net cash provided (used) by capital and related financing activities CASH FLOWS FROM INVESTING ACTIVITIES Sale (purchase) of investments Interest Net cash provided (used) by investing activities Net increase (decrease) in cash and cash equivalents Balances - Beginning of year Balances - End of year Reconciliation of operating income (loss) to net cash provided (used) by operating activities: Operating income (loss) Adjustments to reconcile operating income to net cash provided (used) by operating activities: Depreciation expense Change in assets and liabilities Receivables, net Prepaid items Accounts and other payables Net cash provided (used) by operating activities Fair & Expo Fairgrounds Fair & Expo Annual Fair & Expo Center G.O. Bonds Center County Fair Construction Reserve Debt Service Total $ 1,177,535 $ 872,830 $ - $ - $ - $ 2,050,365 (679,011) (139,125) - - - (818,136) (666,868 (572,285 (278,676) - (1,517,829 168,344 161,420 (278,676) - 285600 1,913,434 1,913,434 35,355 40,141 - - - 75,496 491,000 - - 91,006 - 582,006 (91,006 191,000 - - - (282,006 435,349 150,859 - 91,006 1,913,434 2,288,930 (35,718) - - - - (35,718) - - 2,786,892 - - 2,786,892 - - (53,056) - - (53,056) - - (5,336) - - (5,336) (14,430) - - - (960,000) (974,430) 28,703 - 1,003 294 (1,031,997 (78,851 - 2,728,500 (1,963,294 686,355 (138,997) (14,809) (1,556,437) (87,219) (1,043) (1,798,506) 4.724 1,667 18,630 7,215 11,668 43,904 (134,273 13,142 (1,537,807) (80,0 10,625 (1,754,602 53,881 (2,581) 912,017 11,002 (39,235) 935,083 93,980 37,977 - 135,273 134,403 401,633 $ 147,859 $ 35,396 $ 912,017 $ 146,275 $ 95,168 $ 1,336,715 $(1,041,318) $ 163,897 $ (286,070) $ - $ - $(1,163,491) 708,092 - - - - 708,091 12,979 - - - - 12,979 - (15,790) - - - (15,790) 151,903 13,313 7,395 - 172,611 $ (168,344) $ 161,420 $ (278,675 $ $ $ (285,600 -110- DESCHUTES COUNTY, OREGON INTERNAL SERVICE FUNDS COMBINING STATEMENT OF CASH FLOWS FOR THE YEAR ENDED JUNE 30, 2005 CASH FLOWS FROM OPERATING ACTIVITIES Receipts from customers Payments to employees Payments to suppliers Internal activity . payments from other funds Other receipts Net cash provided (used) by operating activities CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES Rents Interfund transfers in Interfund transfers out Net cash provided by noncapital financing activities CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Purchase of capital assets Principal paid on capital debt Interest paid on capital debt Net cash used by capital and related financing activities CASH FLOWS FROM INVESTING ACTIVITIES Sate (purchase) of Investments Interest Net cash provided (used) by Investing activities Net increase (decrease) in cash and cash equivalents Balances . Beginning of year Balances . End of year Reconciliation of operating income (loss) to net cash provided (used) by operating activities: Operating Income (loss) Adjustments to reconcile operating income to net cash provided (used) by operating activities: Depredation expense Change in assets and liabilities Receivables, net Prepaid expenses Accounts and other payables Net cash provided (used) by operating activities $ (35,868) $ (4,226) $ 75,265 $ (1,241) $ (19,896) $ (78,663) $ (142,749) $ 9,277 $1,762,015 $ 1,583,914 41,253 60,859 62,082 99,894 5,687 269,775 (913) 2,500 9,592 (9,040) (50247) (48.108) (3.300) (3.300) (32,024) (39,729) 7,131 64 20,489 (58.853) 16870 764399 105,043 (779,148) $ (27.5 $ (44,755) $ 143,265 $ (1.177) 593 $ (65,842) $ (59.725) $ (756,476 $1,8116,8111 1003133 -111- Health Building Administrative Information Benefits Services Services Finance Legal Personnel Technology IT Reserve Insurance Trust Taal $ 76,777 $ 2,550 $ 127,382 $ 2,974 $ 2,770 $ 80,212 $ 681 $ 16,766 $1,495,488 $ 1,805,600 (1,069,594) (394,971) (616,787) (458,336) (339,784) (1,444,039) - (360,201) (11,192) (4,694,904) (602,292) (90,180) (277,344) (52,762) (211,642) (293,804) (270,406) (1,997,693) (7,541,703) (11,337,826) 1,567,557 437,846 909,604 506,947 549,249 1,591,789 210,000 1,580,908 7,874,219 15,228,119 400 1,745 2,145 27552 (44,755) 143,255 _1( ,177 593 (65,842) 59725 58475 1,816,811 1,003,133 9,0369,036 44,000 45,000 10,000 46,164 420,000 - 565,164 (420,000 ) (420,000) 53,036 45,000 10,000 46,164 420,000 420000 154200 (198,992) (198,992) (81,463) (81,463) (3,385) (3.385) (283,840 ) (283,840) (47,383) (1,129) (114,124) (10,391) (26,940) (34,989) 180,582 53,099 (1,186,926) (1,188202) 6,415 481 5,910 1,446 6,185 11,292 6,809 38,537 75,508 152,583 (40,968 (648) (108,214 (8,945) (20,755 (23,697 187,391 91,6361 1(. 11,419) 1035 619 (15,484) (403) 35,041 (122) (20,162) (43,375) (156,174) (246,839) 285,392 (162,126) 145,873 3,594 107,373 20,949 121,252 215,454 169,862 888,649 1,383,275 3,058281 $ 130,390 $ 3,190 $ 142,413 $ 20,827 $ 101,090 $ 172,080 $ 13,688 $ 641,809$1,668,668 $ 2,894,155 $ (35,868) $ (4,226) $ 75,265 $ (1,241) $ (19,896) $ (78,663) $ (142,749) $ 9,277 $1,762,015 $ 1,583,914 41,253 60,859 62,082 99,894 5,687 269,775 (913) 2,500 9,592 (9,040) (50247) (48.108) (3.300) (3.300) (32,024) (39,729) 7,131 64 20,489 (58.853) 16870 764399 105,043 (779,148) $ (27.5 $ (44,755) $ 143,265 $ (1.177) 593 $ (65,842) $ (59.725) $ (756,476 $1,8116,8111 1003133 -111- This page intentionally left blank. BUDGETARY COMPARISON SCHEDULES SCHEDULES OF REVENUES, EXPENDITURES/EXPENSES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL This page intentionally left blank. DESCHUTES COUNTY, OREGON BUSINESS LOAN FUND SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Other Total revenues EXPENDITURES Personnel services Materials and services Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 3,000 $ 3,000 $ 1,155 $ (1,845) 70,000 70,000 111,601 41,601 73,000 73,000 112,756 39,756 14,905 15,905 15,023 882 127,995 126,995 84,751 42,244 100 100 - 100 143,000 143,000 99,774 43,226 (70,000) (70,000) 12,982 82,982 70,000 70,000 308,734 238,734 Prior period adjustment - long-term interfund loan - - (250,000) (250,000) Beginning fund balance, as adjusted Fund balance - End of year 70,000 70,000 58,734 (11,266) $ - $ - $ 71,716 $ 71,716 -115- DESCHUTES COUNTY, OREGON COMMUNITY DEVELOPMENT BLOCK GRANT SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Intergovernmental State Total revenues EXPENDITURES Materials and services Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers to other funds Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year Original Variance with Budget Final Budget Actual Final Budget $ - $ - $ 101 $ 101 1,100,000 1,100,000 533,906 (566,094) 1,100,000 1,100,000 534,007 (565,993) 1,000 591,000 31,682 559,318 1,099,000 508,900 503,890 5,010 1,100,000 1,099,900 535,572 564,328 -116- - 100 (1,565) (1,665) -_ (100) - (100) - M 100 (1,565) (1,565) 2,358 2,358 793 $ 793 DESCHUTES COUNTY, OREGON CULTURAL COALITION FUND SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Intergovernmental State Total revenues EXPENDITURES Materials and services Total expenditures Excess (deficiency) of revenues over expenditures Fund balance - Beginning of year Fund balance - End of year Original Variance with Budget Final Budget Actual Final Budget $ - $ - $ 62 $ 62 7,000 6,624 (376) 7,000 6,686 (314) 7,000 3,000 4,000 7,000 3,000 4,000 -117- 3,686 3,686 3,686 $ 3,686 DESCHUTES COUNTY, OREGON GRANT PROJECTS SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Charges for services Intergovernmental Local State Federal Total revenues EXPENDITURES Personnel services Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 200 $ 200 $ 462 $ 262 70,000 70,000 70,000 - 70,000 70,000 - (70,000) - - 14,203 14,203 100,000 100,000 - (100,000) 240,200 240,200 84,665 (155,535) 63,291 70,291 68,574 1,717 173,771 166,771 16,541 150,230 100 100 - 100 237,162 237,162 85,115 152,047 13,038 13,038 - 13,038 250,200 250,200 85,115 165,085 (10,000) (10,000) (450) 9,550 10,000 10,000 18,246 8,246 Fund balance - End of year $ - $ - $ 17,796 $ 17,796 -118- DESCHUTES COUNTY, OREGON JUSTICE COURT SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 Original Variance with Budget Final Budget Actual Final Budget REVENUES Local Interest and rents $ 600 $ 600 $ 566 $ (34) Total revenues 600 600 566 (34) EXPENDITURES Personnel services 344,842 344,842 282,570 62,272 Materials and services 113,429 119,429 109,201 10,228 Capital outlay 100 100 - 100 Total 458,371 464,371 391,771 72,600 Operating contingency 18,757 12,757 - (12,757) Total expenditures 477,128 477,128 391,771 59,843 Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers in from other funds Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year (476,528) (476,528) (391,205) 85,323 421,528 421,528 421,528 - 421,528 421,528 421,528 - (55,000) (55,000) 30,323 85,323 55,000 55,000 53,192 (1,808) Fund balance - End of year $ - $ - $ 83,515 $ 83,515 -119- DESCHUTES COUNTY, OREGON LA PINE INDUSTRIAL SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Other Total revenues EXPENDITURES Materials and services Total expenditures Excess (deficiency) of revenues over expenditures Fund balance - Beginning of year Fund balance - End of year Original Variance with Budget Final Budget Actual Final Budget $ - $ - $ 14,447 $ 14,447 500,000 500,000 187,123 (312,877) 500,000 500,000 201,570 (298,430) 500,000 500,000 194,292 305,708 500,000 500,000 194,292 305,708 7,278 7,278 122 122 $ - $ - $ 7,400 $ 7,400 -120- DESCHUTES COUNTY, OREGON LA PINE SENIOR CENTER FUND SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Other Total revenues EXPENDITURES Personnel Materials and services Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Fund balance - Beginning of year Fund balance - End of year Original Variance with Budget Final Budget Actual Final Budget $ - $ - $ 4,884 $ 4,884 1,600,000 562,741 (1,037,259) 1,600,000 567,625 (1,032,375) -121- - 100 - 100 - 100 - 100 - 1,599,800 25,549 1,574,251 - 1,600,000 25,549 1,574,451 542,076 542,076 $ 542,076 $ 542,076 DESCHUTES COUNTY, OREGON PARK ACQUISITION AND DEVELOPMENT SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Licenses and Permits Interest and rents Intergovernmental State Total revenues EXPENDITURES Materials and services Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 25,000 $ 25,000 $ 42,700 $ 17,700 6,000 6,000 14,392 8,392 50,000 50,000 97,143 47,143 81,000 81,000 154,235 73,235 52,000 52,000 42,560 9,440 649,000 649,000 96,924 552,076 701,000 701,000 139,484 561,516 (620,000) (620,000) 14,751 634,751 620,000 620,000 615,094 (4,906) Fund balance - End of year $ - $ - $ 629,845 $ 629,845 -122- DESCHUTES COUNTY, OREGON PERS RESERVE SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Charges for services Total revenues EXPENDITURES Materials and services Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfer out Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year Original Variance with Budget Final Budget Actual Final Budget $ 20,000 $ 20,000 $ 84,634 $ 64,634 2,143,664 2,143,664 2,071,440 (72,224) 2,163,664 2,163,664 2,156,074 (7,590) 100 1,700 850 850 100 1,700 850 850 4,853,270 4,851,670 - 4,851,670 4,853,370 4,853,370 850 4,852,520 (2,689,706) (2,689,706) 2,155,224 4,844,930 (70,408) (70,408) (70,408) - (70,408) (70,408) (70,408) - (2,760,114) (2,760,114) 2,084,816 4,844,930 2,760,114 2,760,114 3,011,984 251,870 -123- $ 5,096,800 $ 5,096,800 DESCHUTES COUNTY, OREGON COUNTY SCHOOL FUND SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Fines, forfeitures and penalties Interest and rents Intergovernmental State Federal Total revenues EXPENDITURES Materials and services Total expenditures Other financing sources (uses) Appropriation transfer Total other financing sources (uses) Excess (deficiency) of revenues over expenditures Fund balance - Beginning of year Fund balance - End of year Original Variance with Budget Final Budget Actual Final Budget $ - $ - $ 335 $ 335 600 600 1,327 727 159,175 159,175 160,750 1,575 985,799 985,799 989,156 31357 1,145,574 1,145,574 1,151,568 5,994 1,145,574 1,151,574 1,151,264 310 1,145,574 1,151,574 1,151,264 310 6,000 - (6,000) 6,000 - (6,000) 304 304 19 19 $ - $ $ 323 $ 323 -124- DESCHUTES COUNTY, OREGON SPECIAL TRANSPORTATION FUND SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Intergovernmental State Total revenues EXPENDITURES Materials and services Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Appropriation transfer Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 1,000 $ 1,000 $ 1,856 $ 856 250,000 250,000 333,666 83,666 251,000 251,000 335,522 84,522 246,000 343,000 340,040 2,960 5,000 5,000 - 5,000 251,000 348,000 340,040 7,960 (97,000) (4,518) 92,482 97,000 - (97,000) 97,000 - (97,000) (4,518) (4,518) 19,721 19,721 Fund balance - End of year $ - $ - $ 15,203 $ 15,203 -125- DESCHUTES COUNTY, OREGON TAYLOR GRAZING SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Intergovernmental State Total revenues EXPENDITURES Materials and services Total expenditures Excess (deficiency) of revenues over expenditures Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 200 $ 200 $ 345 $ 145 4,300 4,300 3,767 (533) 4,500 4,500 4,112 (388) 26,000 26,000 15,758 10,242 26,000 26,000 15,758 10,242 (21,500) (21,500) (11,646) 9,854 21,500 21,500 14,511 (6,989) Fund balance - End of year $ - $ - $ 2,865 $ 2,865 -126- DESCHUTES COUNTY, OREGON TRANSIENT ROOM TAX SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Other Interest and rents Total revenues EXPENDITURES Materials and services Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfer out Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 2,622,857 $ 2,622,857 $ 2,613,139 $ (9,718) 5,500 5,500 6,656 1,156 2,628,357 2,628,357 2,619,795 (8,562) 541,934 541,934 537,968 3,966 541,934 541,934 537,968 3,966 771 771 771 542,705 542,705 537,968 4,737 2,085,652 2,085,652 2,081,827 (3,825) (2,085,652) (2,085,652) (2,079,652) 6,000 (2,085,652) (2,085,652) (2,079,652) 6,000 2,175 2,175 281,252 281,252 Fund balance - End of year $ - $ $ 283,427 $ 283,427 -127- DESCHUTES COUNTY, OREGON VIDEO LOTTERY SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfer out Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year (83,500) (115,929) 79,380 195,309 (176,500) (176,500) (176,500) - (176,500) (176,500) (176,500) - (260,000) (292,429) (97,120) 195,309 260,000 292,429 292,058 (371) -128- $ 194,938 $ 194,938 Original Variance with Budget Final Budget Actual Final Budget REVENUES Local Interest and rents $ 2,000 $ 4,000 $ 5,472 $ 1,472 Intergovernmental State 400,000 480,000 435,234 (44,766) Total revenues 402,000 484,000 440,706 (43,294) EXPENDITURES Personnel services 39,749 41,749 40,129 1,620 Materials and services 297,304 409,733 321,197 88,536 Capital outlay 100 100 - 100 Total 337,153 451,582 361,326 90,256 Operating contingency 148,347 148,347 - 148,347 Total expenditures 485,500 599,929 361,326 238,603 Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfer out Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year (83,500) (115,929) 79,380 195,309 (176,500) (176,500) (176,500) - (176,500) (176,500) (176,500) - (260,000) (292,429) (97,120) 195,309 260,000 292,429 292,058 (371) -128- $ 194,938 $ 194,938 DESCHUTES COUNTY, OREGON WELCOME CENTER SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Other Interest and rents Intergovernmental Local State Total revenues EXPENDITURES Materials and services Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfer out Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 437,143 $ 437,143 $ 435,523 $ (1,620) 2,500 2,500 2,078 (422) 77,000 77,000 78,783 1,783 - - 6,614 6,614 516,643 516,643 522,998 6,355 355,671 355,671 353,594 2,077 355,671 355,671 353,594 2,077 972 972 - 972 356,643 356,643 353,594 3,049 160,000 160,000 169,404 9,404 (160,000) (160,000) (160,000) - (160,000) (160,000) (160,000) - 9,404 9,404 61,642 61,642 Fund balance - End of year 71,046 $71,046 -129- DESCHUTES COUNTY, OREGON INDUSTRIAL DEVELOPMENT SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Other Total revenues EXPENDITURES Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Fund balance - Beginning of year Fund balance - End of year Original Variance with Budget Final Budget Actual Final Budget $ 1,000 $ 1,000 $ 595 $ (405) - - 1,350 1,350 1,000 1,000 1,945 945 46,433 46,433 14,566 31,867 100 100 - 100 46,533 46,533 14,566 31,967 16,335 16,335 - 16,335 62,868 62,868 14,566 48,302 (61,868) (61,868) (12,621) 49,247 61,868 61,868 28,621 (33,247) $ - $ - $ 16,000 $ 16,000 -130- DESCHUTES COUNTY, OREGON LAND SALES MAINTENANCE SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Charges for services Total revenues EXPENDITURES Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 3,000 $ 3,000 $ 5,767 $ 2,767 - 29,394 29,394 3,000 3,000 35,161 32,161 67,672 100 67,772 67,672 27,848 39,824 100 - 100 67,772 27,848 39,924 211,955 211,955 - 211,955 279,727 279,727 27,848 251,879 (276,727) (276,727) 7,313 284,040 276,727 276,727 281,364 4,637 Fund balance - End of year $ - $ - $ 288,677 $ 288,677 -131- DESCHUTES COUNTY, OREGON LIQUOR ENFORCEMENT SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Fines, forfeitures and penalties Interest and rents Total revenues EXPENDITURES Materials and services Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfer out Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 37,500 $ 37,500 $ 46,898 $ 9,398 400 400 993 593 37,900 37,900 47,891 9,991 2,027 2,027 2,027 - 2,027 2,027 2,027 - 36,990 36,990 - 36,990 39,017 39,017 2,027 36,990 (1,117) (1,117) 45,864 46,981 (35,000) (35,000) (35,000) - (35,000) (35,000) (35,000) - (36,117) (36,117) 10,864 46,981 36,117 36,117 40,980 4,863 Fund balance - End of year $ - $ - $ 51,844 $ 51,844 -132- DESCHUTES COUNTY, OREGON VICTIMS' ASSISTANCE SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Fines, forfeitures and penalties Interest and rents Charges for services Intergovernmental State Federal Total revenues EXPENDITURES Personnel services Materials and services Capital outlay Total Operating contingency Total expenditures Excess deficiency of revenues over expenditures Other financing sources Transfers in from other funds Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year Original Variance with Budget Final Budget Actual Final Budget $ 14,900 $ 14,900 $ 1,488 $ (13,412) 1,400 1,400 333 (1,067) 33,000 33,000 31,325 (1,675) 38,000 38,000 44,224 6,224 23,300 23,300 35,023 11,723 110,600 110,600 112,393 1,793 206,012 212,947 205,901 7,046 51,488 51,488 44,155 7,333 100 100 - 100 257,600 264,535 250,056 14,479 - 4,603 - 4,603 257,600 269,138 250,056 19,082 (147,000) (158,538) (137,663) 20,875 87,000 133,935 133,935 - (60,000) (24,603) (3,728) 20,875 60,000 24,603 24,558 (45) $ - $ - $ 20,830 $ 20,830 -133- DESCHUTES COUNTY, OREGON LAW LIBRARY SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Charges for services Intergovernmental State Total revenues EXPENDITURES Personnel services Materials and services Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Fund balance - Beginning of year Fund balance - End of year Original Variance with Budget Final Budget Actual Final Budget $ 300 $ 300 $ 1,079 $ 779 1,050 1,050 1,157 107 111,600 111,600 125,856 14,256 112,950 112,950 128,092 15,142 37,747 41,247 39,492 1,755 72,191 68,691 64,577 4,114 109,938 109,938 104,069 5,869 3,012 3,012 - 3,012 112,950 112,950 104,069 8,881 24,023 24,023 30,157 30,157 $ - $ - $ 54,180 $ 54,180 -134- DESCHUTES COUNTY, OREGON COUNTY CLERK RECORDS SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Charges for services Total revenues EXPENDITURES Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Interfund loan Transfer in Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 1,000 $ 1,000 $ 3,859 $ 2,859 72,000 72,000 95,088 23,088 73,000 73,000 98,947 25,947 52,930 52,930 7,321 45,609 125,000 125,000 124,800 200 177,930 177,930 132,121 45,809 80,070 80,070 - 80,070 258,000 258,000 132,121 125,879 (185,000) (185,000) (33,174) 151,826 25,000 25,000 - (25,000) 50,000 50,000 50,000 - 75,000 75,000 50,000 (25,000) (110,000) (110,000) 16,826 126,826 110,000 110,000 148,965 38,965 Fund balance - End of year $ - $ - $ 165,791 $ 165,791 -135- DESCHUTES COUNTY, OREGON COMMISSION ON CHILDREN & FAMILIES SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Charges for services Other Intergovernmental State Federal Total revenues EXPENDITURES Personnel services Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers in from other funds Transfer out Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Original 576,500 580,500 Variance with Budget Final Budget Actual Final Budget $ 12,000 $ 12,000 $ 19,478 $ 7,478 17,000 17,000 42,679 25,679 19,662 19,662 7,800 (11,862) 995,518 995,518 889,447 (106,071) 610,224 610,224 646,328 36,104 1,654,404 1,654,404 1,605,732 (48,672) 403,754 409,254 403,628 5,626 2,017,077 2,017,077 1,814,384 202,693 4,500 8,500 4,546 3,954 2,425,331 2,434,831 2,222,558 212,273 325,213 315,713 - 315,713 2,750,544 2,750,544 2,222,558 527,986 (1,096,140) (1,096,140) (616,826) 479,314 576,500 576,500 580,500 4,000 576,500 576,500 580,500 4,000 (519,640) (519,640) (36,326) 483,314 519,640 519,640 641,308 121,668 Fund balance - End of year $ - $ - $ 604,982 $ 604,982 -136- DESCHUTES COUNTY, OREGON COMMUNITY JUSTICE - JUVENILE SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Fines, forfeitures, and penalties Interest and rents Charges for services Intergovernmental State Federal Total revenues EXPENDITURES Original Variance with Budget Final Budget Actual Final Budget $ 1,437 $ 1,437 $ 2,482 $ 1,045 39,120 39,120 40,607 1,487 539,453 539,453 571,635 32,182 306,715 306,715 361,729 55,014 185,796 185,796 164,846 (20,950) 1,072,521 1,072,521 1,141,299 68,778 Personnel services 4,461,341 4,486,341 4,410,021 76,320 Materials and services 1,681,716 1,741,716 1,637,300 104,416 Capital outlay 100 100 - 100 Total 6,143,157 6,228,157 6,047,321 180,836 Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Appropriation transfer Transfers in from other funds Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year 195,093 120,093 - 120,093 6,338,250 6,348,250 6,047,321 300,929 (5,265,729) (5,275,729) (4,906,022) 369,707 - 10,000 - (10,000) 4,951,539 4,951,539 4,961,539 10,000 4,951,539 4,961,539 4,961,539 - (314,190) (314,190) 55,517 369,707 314,190 314,190 199,022 (115,168) Fund balance - End of year $ - $_- $_ $_ -137- DESCHUTES COUNTY, OREGON SHERIFF'S ASSET FORFEITURE SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Fines, forfeitures, and penalties Interest and rents Total revenues EXPENDITURES Materials and services Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 1,500 $ 1,500 $ - $ (1,500) 500 500 1,741 1,241 2,000 2,000 1,741 (259) 4,009 4,009 1,108 2,901 4,009 4,009 1,108 2,901 77,991 77,991 - 77,991 82,000 82,000 1,108 80,892 (80,000) (80,000) 633 80,633 80,000 80,000 81,042 1,042 Fund balance - End of year $ - $ - $ 81,675 $ 81,675 -138- DESCHUTES COUNTY, OREGON COURT FACILITIES SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Fines, forfeitures, and penalties Interest and rents Total revenues EXPENDITURES Materials and services Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 76,900 $ 76,900 $ 84,445 $ 7,545 405 405 442 37 77,305 77,305 84,887 7,582 112,305 112,305 112,305 112,305 112,305 112,305 (35,000) (35,000) (27,418) 7,582 35,000 35,000 35,663 663 Fund balance - End of year $ - $ - $ 8,245 $ 8,245 -139- DESCHUTES COUNTY, OREGON DESCHUTES COUNTY COMMUNICATION SYSTEM SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Charges for services Total revenues EXPENDITURES Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers out to other funds Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ - $ - $ 2,573 $ 2,573 503,104 578,104 549,368 (28,736) 503,104 578,104 551,941 (26,163) 280,983 222,983 138,008 84,975 300,028 433,028 411,675 21,353 581,011 656,011 549,683 106,328 3,577 3,577 - 3,577 584,588 659,588 549,683 109,905 (81,484) (81,484) 2,258 83,742 (79,216) (79,216) (79,216) - (79,216) (79,216) (79,216) - (160,700) (160,700) (76,958) 83,742 160,700 160,700 180,760 20,060 Fund balance - End of year $ - $ - $ 103,802 $ 103,802 -140- DESCHUTES COUNTY, OREGON SHERIFF'S CAPITAL RESERVE SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Total revenues EXPENDITURES Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers in from other funds Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 5,000 $ 5,000 $ 13,522 $ 8,522 5,000 5,000 13,522 8,522 708,000 708,000 - 708,000 708,000 708,000 - 708,000 (703,000) (703,000) 13,522 716,522 208,000 208,000 220,605 12,605 208,000 208,000 220,605 12,605 (495,000) (495,000) 234,127 729,127 495,000 495,000 496,567 1,567 Fund balance - End of year $ - $ - $ 730,694 $ 730,694 -141- DESCHUTES COUNTY, OREGON HEALTH DEPARTMENT SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Charges for services Other Intergovernmental Local State Federal Total revenues EXPENDITURES Personnel services Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers in from other funds Transfer out Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year Original Variance with Budget Final Budget Actual Final Budget $ 9,400 $ 9,400 $ 19,292 $ 9,892 382,605 382,605 441,884 59,279 12,550 12,550 11,741 (809) 10,400 10,400 19,544 9,144 2,030,989 2,172,765 2,302,967 130,202 3,000 3,000 - (3,000) 2,448,944 2,590,720 2,795,428 204,708 3,408,802 3,426,475 3,228,470 198,005 1,161,779 1,282,543 1,238,185 44,358 27,250 70,589 49,474 21,115 4,597,831 4,779,607 4,516,129 263,478 353,846 313,846 - 313,846 4,951,677 5,093,453 4,516,129 577,324 (2,502,733) (2,502,733) (1,720,701) 782,032 2,289,411 2,289,411 2,289,411 - (150,000) (150,000) (150,000) - 2,139,411 2,139,411 2,139,411 - (363,322) (363,322) 418,710 782,032 663,322 663,322 843,357 180,035 $ 300,000 $ 300,000 $ 1,262,067 $ 962,067 -142- DESCHUTES COUNTY, OREGON HEALTHYSTART-PRENATAL SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Charges for services Other Intergovernmental State Total revenues EXPENDITURES Personnel services Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers in from other funds Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year Original Variance with Budget Final Budget Actual Final Budget $ 600 $ 600 $ 3,626 $ 3,026 302,817 302,817 306,714 3,897 - - 63 63 117,000 127,099 143,636 16,537 420,417 430,516 454,039 23,523 78,815 88,914 76,182 12,732 366,602 370,302 352,212 18,090 100 100 - 100 445,517 459,316 428,394 30,922 151,289 147,589 - 147,589 596,806 606,905 428,394 178,511 (176,389) (176,389) 25,645 202,034 61,389 61,389 61,389 - 61,389 61,389 61,389 (115,000) (115,000) 87,034 202,034 115,000 115,000 164,121 49,121 $ $ - $ 251,155 $ 251,155 -143- DESCHUTES COUNTY, OREGON ABHA ACCOUNTABLE BEHAVIORAL HEALTH ALLIANCE SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Intergovernmental State Total revenues EXPENDITURES Materials and services Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfer out Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year Original Variance with Budget Final Budget Actual Final Budget $ 5,000 $ 5,000 $ 7,296 $ 2,296 2,283,768 2,283,768 2,546,072 262,304 2,288,768 2,288,768 2,553,368 264,600 2,185,080 2,185,080 2,185,080 - 2,185,080 2,185,080 2,185,080 - 195,688 195,688 - 195,688 2,380,768 2,380,768 2,185,080 195,688 (92,000) (92,000) 368,288 460,288 (318,000) (318,000) (318,000) - (318,000) (318,000) (318,000) - (410,000) (410,000) 50,288 460,288 410,000 410,000 436,509 26,509 $ - $ - $ 486,797 $ 486,797 -144- DESCHUTES COUNTY, OREGON ACUTE CARE SERVICES SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 Original Variance with Budget Final Budget Actual Final Budget REVENUES Local Interest and rents $ - $ - $ 848 $ 848 Intergovernmental State - - 450,000 450,000 Total revenues - - 450,848 450,848 EXPENDITURES Materials and services Total Excess (deficiency) of revenues over expenditures Other financing sources (uses) Proceeds from LLC Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year -145- - 450,848 450,848 290,000 290,000 - 290,000 290,000 - 740,848 740,848 $ 740,848 $ 740,848 DESCHUTES COUNTY, OREGON OHP - CHEMICAL DEPENDENCY SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Intergovernmental State Total revenues EXPENDITURES Materials and services Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfer out Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year Original Variance with Budget Final Budget Actual Final Budget $ 200 $ 200 $ 2,855 $ 2,655 280,000 466,524 514,051 47,527 280,200 466,724 516,906 50,182 280,283 435,841 427,213 8,628 280,283 435,841 427,213 8,628 24,917 55,883 - 55,883 305,200 491,724 427,213 64,511 (25,000) (25,000) 89,693 114,693 (82,000) (82,000) (82,000) - (82,000) (82,000) (82,000) - (107,000) (107,000) 7,693 114,693 107,000 107,000 99,777 (7,223) $ - $ - $ 107,470 $ 107,470 -146- DESCHUTES COUNTY, OREGON PUBLIC LAND CORNER PRESERVATION SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Licenses and Permits Interest and rents Charges for services Total revenues EXPENDITURES Personnel services Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Fund balance - Beginning of year Fund balance - End of year Original Variance with Budget Final Budget Actual Final Budget $ 500 $ 500 $ 120 $ (380) 4,000 4,000 16,845 12,845 502,500 502,500 697,649 195,149 507,000 507,000 714,614 207,614 418,443 418,443 394,275 24,168 256,590 256,590 156,489 100,101 150,000 150,000 18,947 131,053 825,033 825,033 569,711 255,322 281,967 281,967 - 281,967 1,107,000 1,107,000 569,711 537,289 (600,000) (600,000) 144,903 744,903 600,000 600,000 714,130 114,130 $ - $ - $ 859,033 $ 859,033 -147- DESCHUTES COUNTY, OREGON CODE ABATEMENT SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Total revenues EXPENDITURES Materials and services Total expenditures Excess (deficiency) of revenues over expenditures Fund balance - Beginning of year Fund balance - End of year Original Variance with Budget Final Budget Actual Final Budget $ 400 $ 400 $ 612 $ 212 400 400 612 212 28,922 28,922 391 28,531 28,922 28,922 391 28,531 (28,522) (28,522) 221 28,743 28,522 28,522 28,486 (36) $ - $ - $ 28,707 $ 28,707 -148- DESCHUTES COUNTY, OREGON COMMUNITY DEVELOPMENT SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Fines, forfeitures and penalties Interest and rents Charges for services Other Intergovernmental Local State Federal Total revenues EXPENDITURES Personnel services Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfer out Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 3,300 $ 3,300 $ 7,481 $ 4,181 3,500 3,500 31,425 27,925 5,033,425 5,033,425 6,003,446 970,021 - - 51,338 51,338 718,977 718,977 1,012,341 293,364 3,000 3,000 - (3,000) 118,000 118,000 87,499 (30,501) 5,880,202 5,880,202 7,193,530 1,313,328 4,316,249 4,464,171 4,416,792 47,379 1,090,200 1,202,338 1,204,986 (2,648) 87,300 87,300 18,429 68,871 5,493,749 5,753,809 5,640,207 113,602 422,453 162,393 - 162,393 5,916,202 5,916,202 5,640,207 275,995 (36,000) (36,000) 1,553,323 1,589,323 (200,200) (1,099,677) (1,099,477) 200 (200,200) (1,099,677) (1,099,477) 200 (236,200) (1,135,677) 453,846 1,589,523 236,200 1,135,677 1,132,728 (2,949) Fund balance - End of year $$ 1_ $$ 1_ -149- DESCHUTES COUNTY, OREGON CDD-TDC SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Total revenues EXPENDITURES Materials and services Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfer in Proceeds of sale of assets Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 1,000 $ 1,000 $ 2,162 $ 1,162 1,000 1,000 2,162 1,162 12,963 12,963 3,713 9,250 243,019 243,019 22,500 220,519 255,982 255,982 26,213 229,769 (254,982) (254,982) (24,051) 230,931 250,000 250,000 - 250,000 250,000 - (250,000) (250,000) (4,982) (4,982) (24,051) (19,069) 4,982 4,982 116,701 111,719 Fund balance - End of year $ - $ - $ 92,650 $ 92,650 -150- DESCHUTES COUNTY, OREGON COMMUNITY DEVELOPMENT RESERVE SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Total revenues EXPENDITURES Materials and services Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers in from other funds Transfer out Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year Variance Original with Final Budget Final Budget Actual Budget $ 17,500 $ 17,500 $ 33,128 $ 15,628 17,500 17,500 33,128 15,628 $ 1,005,344 $ 1,005,344 $ 2,028,728 $ 1,023,384 - 400,000 - 400,000 - 400,000 - 400,000 477,400 536,877 - 536,877 477,400 936,877 - 936,877 (459,900) (919,377) 33,128 952,505 177,400 636,877 459,477 (177,400) (100) (100) - 100 177,300 636,777 459,477 (177,300) (282,600) (282,600) 492,605 775,205 1,287,944 1,287,944 1,536,123 248,179 $ 1,005,344 $ 1,005,344 $ 2,028,728 $ 1,023,384 -151- DESCHUTES COUNTY, OREGON CDD BUILDING RESERVE PROGRAM SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Total revenues EXPENDITURES Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers in from other funds Transfer out Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year Variance Original with Final Budget Final Budget Actual Budget $ 6,330 $ 6,330 $ 6,931 $ 601 6,330 6,330 6,931 601 100 100 - 100 100 100 - 100 200 200 - 200 471,693 841,693 - 841,693 471,893 841,893 - 841,893 (465,563) (835,563) 6,931 842,494 100 370,100 370,000 (100) (100) (100) - 100 - 370,000 370,000 - (465,563) (465,563) 376,931 842,494 465,563 465,563 190,441 (275,122) $ - $ - $ 567,372 $ 567,372 -152- DESCHUTES COUNTY, OREGON CDD ELECTRICAL PROGRAM RESERVE SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Total revenues EXPENDITURES Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers in from other funds Transfers to other funds Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year Variance Original with Final Budget Final Budget Actual Budget $ 1,100 $ 1,100 $ 1,204 $ 104 1,100 1,100 1,204 104 100 100 - 100 100 100 - 100 200 200 - 200 81,885 151,885 - 151,885 82,085 152,085 - 152,085 (80,985) (150,985) 1,204 152,189 - 70,000 70,000 - (100) (100) - 100 (100) 69,900 70,000 100 (81,085) (81,085) 71,204 152,289 81,085 81,085 31,067 (50,018) $ - $ - $ 102,271 $ 102,271 -153- DESCHUTES COUNTY, OREGON GIS DEDICATED FUND SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Charges for services Intergovernmental State Total revenues EXPENDITURES Personnel services Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfer out Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Variance Original with Final Budget Final Budget Actual Budget $ 15,000 $ 15,000 $ 20,445 $ 5,445 329,500 329,500 484,221 154,721 75,377 75,377 101,107 25,730 419,877 419,877 605,773 185,896 252,662 276,600 268,708 7,892 183,238 183,238 108,939 74,299 25,300 25,300 14,654 10,646 461,200 485,138 392,301 92,837 616,096 592,158 - 592,158 1,077,296 1,077,296 392,301 684,995 (657,419) (657,419) 213,472 870,891 (156,681) (156,681) (156,681) - (156,681) (156,681) (156,681) - (814,100) (814,100) 56,791 870,891 874,100 874,100 936,823 62,723 Fund balance - End of year $ 60,000 $ 60,000 $ 993,614 $ 933,614 -154- DESCHUTES COUNTY, OREGON NATURAL RESOURCE PROTECTION SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Charges for services Intergovernmental Local State Federal Total revenues EXPENDITURES Personnel services Materials and services Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers in from other funds Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Variance Original with Final Budget Final Budget Actual Budget $ 1,000 $ 1,000 $ 1,575 $ 575 30,000 30,000 49,958 19,958 125,000 125,000 120,190 (4,810) 8,000 8,000 11,155 3,155 113,000 113,000 37,831 (75,169) 277,000 277,000 220,709 (56,291) 153,013 153,013 150,188 2,825 216,323 216,323 82,140 134,183 369,336 369,336 232,328 137,008 4,781 4,781 - 4,781 374,117 374,117 232,328 141,789 (97,117) (97,117) (11,619) 85,498 20,000 20,000 20,000 - 20,000 20,000 20,000 - (77,117) (77,117) 8,381 85,498 77,117 77,117 76,957 (160) Fund balance - End of year $ - $ - $ 85,338 $ 85,338 ESi14NI DESCHUTES COUNTY, OREGON FEDERAL FOREST TITLE III SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Intergovernmental Federal Total revenues EXPENDITURES Materials and services Total expenditures Excess (deficiency) of revenues over expenditures Fund balance - Beginning of year Variance Original with Final Budget Final Budget Actual Budget $ 3,500 $ 3,500 $ 6,476 $ 2,976 348,000 348,000 349,114 1,114 351,500 351,500 355,590 4,090 551,500 551,500 352,593 198,907 551,500 551,500 352,593 198,907 (200,000) (200,000) 2,997 202,997 200,000 200,000 188,301 (11,699) Fund balance - End of year $ - $ - $ 191,298 $ 191,298 -156- DESCHUTES COUNTY, OREGON ROAD BUILDING & EQUIPMENT SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Total revenues EXPENDITURES Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers in from other funds Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Variance Original with Final Budget Final Budget Actual Budget $ 10,000 $ 10,000 $ 22,339 $ 12,339 10,000 10,000 22,339 12,339 20,321 20,321 20,321 - 894,670 1,029,670 976,248 53,422 914,991 1,049,991 996,569 53,422 737,186 602,186 - 602,186 1,652,177 1,652,177 996,569 655,608 (1,642,177) (1,642,177) (974,230) 667,947 850,000 850,000 850,000 - 850,000 850,000 850,000 - (792,177) (792,177) (124,230) 667,947 792,177 792,177 824,744 32,567 Fund balance - End of year $ - $ - $ 700,514 $ 700,514 -157- DESCHUTES COUNTY, OREGON ROAD IMPROVEMENT RESERVE SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Total revenues EXPENDITURES Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers out to other funds Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Variance Original with Final Budget Final Budget Actual Budget $ 17,450 $ 17,450 $ 17,301 $ (149) 17,450 17,450 17,301 (149) 599,450 599,450 - 599,450 599,450 599,450 - 599,450 (582,000) (582,000) 17,301 599,301 (290,000) (290,000) (290,000) - (290,000) (290,000) (290,000) - (872,000) (872,000) (272,699) 599,301 872,000 872,000 870,952 (1,048) Fund balance - End of year $ - $ - $ 598,253 $ 598,253 -158- DESCHUTES COUNTY, OREGON VEHICLE MAINTENANCE AND REPLACEMENT SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Charges for services Total revenues EXPENDITURES Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers out Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Variance Original with Final Budget Final Budget Actual Budget $ 15,000 $ 15,000 $ 19,970 $ 4,970 276,900 276,900 275,975 (925) 291,900 291,900 295,945 4,045 71,000 86,000 85,567 433 350,000 350,000 249,839 100,161 421,000 436,000 335,406 100,594 694,170 666,170 - 666,170 1,115,170 1,102,170 335,406 766,764 (823,270) (810,270) (39,461) 770,809 (13,000) (12,605) 395 (13,000) (12,605) 395 (823,270) (823,270) (52,066) 771,204 823,270 823,270 798,310 (24,960) Fund balance - End of year $ - $ - $ 746,244 $ 746,244 -159- DESCHUTES COUNTY, OREGON DOG CONTROL SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 EXPENDITURES Personnel services Original 48,290 44,899 3,391 Variance with 213,442 Budget Final Budget Actual Final Budget REVENUES 100 Total 255,832 261,832 253,056 Local Licenses and permits $ 144,196 $ 144,196 $ 153,181 $ 8,985 Fines, forfeitures and penalties 2,300 2,300 2,242 (58) Interest and rents 850 850 1,502 652 Total revenues 147,346 147,346 156,925 9,579 EXPENDITURES Personnel services 42,290 48,290 44,899 3,391 Materials and services 213,442 213,442 208,157 5,285 Capital outlay 100 100 - 100 Total 255,832 261,832 253,056 8,776 Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers in from other funds Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year 24,823 18,823 - 18,823 280,655 280,655 253,056 27,599 (133,309) (133,309) (96,131) 37,178 103,309 103,309 103,309 - 103,309 103,309 103,309 - (30,000) (30,000) 7,178 37,178 55,000 55,000 42,151 (12,849) $ 25,000 $ 25,000 $ 49,329 $ 24,329 -160- DESCHUTES COUNTY, OREGON ADULT PAROLE & PROBATION SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Fines, forfeitures and penalties Interest and rents Charges for services Intergovernmental State Total revenues EXPENDITURES Personnel services Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Appropriation transfer Transfers in from other funds Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 363,000 $ 363,000 $ 326,411 $ (36,589) 20,400 20,400 28,567 8,167 21,759 21,759 116,136 94,377 1,797,040 1,797,040 1,919,448 122,408 2,202,199 2,202,199 2,390,562 188,363 2,007,742 2,099,923 521,681 541,081 A AA A AA L,5Ly,5L;j L,041,1U4 1,969,979 129,944 538,469 2,612 - 100 2,508,448 132,656 85,712 45,386 - 45,386 2,615,235 2,686,490 2,508,448 178,042 (413,036) (484,291) (117,886) 366,405 71,255 - (71,255) - 22,300 22,300 71,255 22,300 (48,955) (413,036) (413,036) (95,586) 317,450 413,036 413,036 423,902 10,866 Fund balance - End of year $ - $ - $ 328,316 $ 328,316 -161- DESCHUTES COUNTY, OREGON DESCHUTES COUNTY 911 SERVICE DISTRICT SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Interest and rents Charges for services Intergovernmental Local State Total revenues EXPENDITURES Personnel services Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers out to other funds Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 2,860,000 $ 2,860,000 $ 2,959,547 $ 99,547 10,700 10,700 39,378 28,678 30,500 30,500 22,511 (7,989) 45,000 45,000 59,222 14,222 523,000 523,000 745,715 222,715 3,469,200 3,469,200 3,826,373 357,173 2,364,242 2,370,156 2,209,698 160,458 503,840 605,840 581,319 24,521 289,500 496,753 394,254 102,499 3,157,582 3,472,749 3,185,271 287,478 781,618 466,451 - 466,451 3,939,200 3,939,200 3,185,271 753,929 (470,000) (470,000) 641,102 1,111,102 (130,000) (130,000) (130,000) - (130,000) (130,000) (130,000) - (600,000) (600,000) 511,102 1,111,102 600,000 600,000 1,252,123 652,123 Fund balance - End of year $_ $ - $ 1,763,225 $ 1,763_225 -162- DESCHUTES COUNTY, OREGON 911 CSD - EQUIPMENT RESERVE SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Total revenues EXPENDITURES Total expenditures Original Variance with Budget Final Budget Actual Final Budget 3,351 $ 3,351 3,351 3,351 Excess (deficiency) of revenues over expenditures - - 3,351 3,351 Other financing sources (uses) Transfers in from other funds 130,000 130,000 130,000 - Total other financing sources (uses) 130,000 130,000 130,000 - Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses 130,000 130,000 133,351 3,351 Fund balance - Beginning of year 148,000 148,000 149,105 1,105 Fund balance - End of year $ 278,000 $ 278,000 $ 282,456 $ 4,456 -163- DESCHUTES COUNTY, OREGON EXTENSION / 4-H SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Interest and rents Charges for services Intergovernmental State Total revenues EXPENDITURES Personnel services Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 248,177 $ 248,177 $ 264,177 $ 16,000 1,300 1,300 3,295 1,995 2,600 2,600 2,151 (449) 10,000 10,000 30,000 20,000 262,077 262,077 299,623 37,546 176,191 176,191 175,911 280 115,010 115,010 94,994 20,016 1,600 2,100 1,950 150 292,801 293,301 272,855 20,446 22,659 22,159 - 22,159 315,460 315,460 272,855 42,605 (53,383) (53,383) 26,768 80,151 101,883 101,883 106,499 4,616 Fund balance - End of year $ 48,500 $ 48,500 $ 133,267 $ 84,767 -164- DESCHUTES COUNTY, OREGON BLACK BUTTE RANCH COUNTY SERVICE DISTRICT SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Interest and rents Charges for services Other Total revenues EXPENDITURES Personnel services Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 447,000 $ 447,000 $ 449,990 $ 2,990 4,000 4,000 5,696 1,696 13,200 13,200 13,200 - 2,000 2,000 11,678 9,678 466,200 466,200 480,564 14,364 424,755 424,755 395,921 28,834 100,477 100,477 91,265 9,212 32,000 32,000 31,978 22 557,232 557,232 519,164 38,068 25,000 25,000 - 25,000 582,232 582,232 519,164 63,068 (116,032) (116,032) (38,600) 77,432 256,032 256,032 254,589 (1,443) Fund balance - End of year $ 140,000 $ 140,000 $ 215,989 $ 75,989 51*4 DESCHUTES COUNTY, OREGON SUNRIVER SERVICE DISTRICT - GENERAL FUND SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Interest and rents Charges for services Other Total revenues EXPENDITURES Police Personnel services Materials and services Total Fire and Emergency Services Personnel services Materials and services Total Pathway Rangers Personnel services Materials and services Total General Materials and services Capital outlay Debt service interest Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing uses Transfer out Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year -166- Original Variance with Budget Final Budget Actual Final Budget $ 2,565,256 $ 2,565,256 $ 2,710,766 $ 145,510 10,000 10,000 24,538 14,538 156,000 156,000 162,778 6,778 1,470 4,225 9,380 5,155 2,732,726 2,735,481 2,907,462 171,981 920,148 960,148 928,784 31,364 141,280 141,280 106,968 34,312 1,061,428 1,101,428 1,035,752 65,676 1,088,895 1,123,895 1,085,872 38,023 241,761 254,516 232,793 21,723 1,330,656 1,378,411 1,318,665 59,746 51,653 60,653 51,422 9,231 6,500 7,700 5,230 2,470 58,153 68,353 56,652 11,701 239,254 239,254 191,946 47,308 100 100 - 100 1,000 1,000 643 357 240,354 240,354 192,589 47,765 407,910 312,710 - 312,710 3,098,501 3,101,256 2,603,658 497,598 (365,775) (365,775) 303,804 669,579 (159,200) (159,200) (159,200) - (524,975) (524,975) 144,604 669,579 524,975 524,975 620,679 95,704 $ - $ - $ 765,283 $ 765,283 DESCHUTES COUNTY, OREGON SUNRIVER SERVICE DISTRICT - RESERVE FUND SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Grants Total revenues EXPENDITURES Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources Transfer in Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 1,500 $ 1,500 $ 7,894 $ 6,394 - 49,679 51,579 1,900 1,500 51,179 59,473 8,294 250 250 120 130 45,480 95,159 92,975 2,184 45,730 95,409 93,095 2,314 470,080 470,080 - 470,080 515,810 565,489 93,095 472,394 (514,310) (514,310) (33,622) 480,688 159,200 159,200 159,200 - (355,110) (355,110) 125,578 480,688 355,110 355,110 358,259 3,149 Fund balance - End of year $ - $ - $ 483,837 $ 483,837 -167- DESCHUTES COUNTY, OREGON 2000 SERIES LTD TAX IMPROVEMENT SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Charges for services Total revenues EXPENDITURES Debt service Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers out to other funds Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year Original Variance with Budget Final Budget Actual Final Budget $ 22,500 $ 22,500 $ 16,453 $ (6,047) 326,396 326,396 58,763 (267,633) 348,896 348,896 75,216 (273,680) 349,996 349,996 80,421 269,575 349,996 349,996 80,421 269,575 (1,100) (1,100) (5,205) (4,105) (100) (100) - 100 (100) (100) - 100 (1,200) (1,200) (5,205) (4,005) 1,200 1,200 9,003 7,803 3,798 $ 3,798 DESCHUTES COUNTY, OREGON 2003 SERIES LTD TAX IMPROVEMENT SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Charges for services Total revenues EXPENDITURES Debt service Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers out to other funds Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 62,000 $ 62,000 $ 40,140 $ (21,860) 1,069,769 1,069,769 261,567 (808,202) 1,131,769 1,131,769 301,707 (830,062) 1,078,124 1,078,124 333,340 744,784 1,078,124 1,078,124 333,340 744,784 53,545 53,545 - 53,545 1,131,669 1,131,669 333,340 798,329 100 100 (31,633) (31,733) (100) (100) - 100 (100) (100) - 100 - - (31,633) (31,633) 55,215 55,215 Fund balance - End of year $ - $ - $ 23,582 $ 23,582 -169- DESCHUTES COUNTY, OREGON 2005 SERIES LTD TAX IMPROVEMENT SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Charges for services Total revenues EXPENDITURES Total expenditures Excess (deficiency) of revenues over expenditures Fund balance - Beginning of year Fund balance - End of year Original Variance with Budget Final Budget Actual Final Budget -170- 4,223 $ 4,223 76,912 76,912 81,135 81,135 81,135 81,135 81,135 $ 81,135 DESCHUTES COUNTY, OREGON CDD BUILDING 1996 FULL FAITH & CREDIT, SERIES 2004 SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Charges for services Total revenues EXPENDITURES Materials and services Debt service Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Appropriation transfer Transfers in from other funds Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 1,000 $ 1,000 $ 1,315 $ 315 - - 1,880 1,880 1,000 1,000 3,195 2,195 3,000 3,000 450 2,550 209,595 424,595 393,488 31,107 212,595 427,595 393,938 33,657 (211,595) (426,595) (390,743) 35,852 - 215,000 - (215,000) 200,000 200,000 200,000 - 200,000 415,000 200,000 (215,000) (11,595) (11,595) (190,743) (179,148) 206,000 206,000 206,499 499 Fund balance - End of year $ 194,405 $ 194,405 $ 15,756 $ (178,649) -171- DESCHUTES COUNTY, OREGON FULL FAITH AND CREDIT, 2003 SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Total revenues EXPENDITURES Materials and services Debt service Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers in from other funds Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 606,000 $ 606,000 $ 598,897 $ (7,103) 606,000 606,000 598,897 (7,103) 1,500 1,500 1,000 500 1,973,660 1,973,660 1,586,281 387,379 1,975,160 1,975,160 1,587,281 387,879 2,254 2,254 - 2,254 1,977,414 1,977,414 1,587,281 390,133 (1,371,414) (1,371,414) (988,384) 383,030 1,371,414 1,371,414 984,035 (387,379) 1,371,414 1,371,414 984,035 (387,379) (4,349) (4,349) 80,311 80,311 Fund balance - End of year $ - $ 75,962 $ 75,962 -172- DESCHUTES COUNTY, OREGON HHS / BJCC 1998 COPs SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Total revenues EXPENDITURES Materials and services Debt service Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers in from other funds Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 2,000 $ 2,000 $ 9,076 $ 7,076 2,000 2,000 9,076 7,076 3,050 3,050 3,050 - 647,453 647,453 647,453 - 650,503 650,503 650,503 - (648,503) (648,503) (641,427) 7,076 656,456 656,456 656,456 - 656,456 656,456 656,456 - 7,953 7,953 15,029 7,076 637,000 637,000 637,540 540 Fund balance - End of year $ 644,953 $ 644,953 $ 652,569 $ 7,616 -173- DESCHUTES COUNTY, OREGON GOVERNMENT CENTER COPs SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Total revenues EXPENDITURES Materials and services Debt service Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers in from other funds Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year Original Variance with Budget Final Budget Actual Final Budget $ 400 $ 400 $ 1,701 $ 1,301 400 400 1,701 1,301 1,280 1,280 1,280 - 136,190 136,190 136,190 - 137,470 137,470 137,470 - (137,070) (137,070) (135,769) 1,301 136,305 136,305 136,305 - 136,305 136,305 136,305 - (765) (765) 536 1,301 136,000 136,000 136,223 223 $ 135,235 $ 135,235 $ 136,759 $ 1,524 -174- DESCHUTES COUNTY, OREGON PUBLIC SAFETY 1993/1996/1998/2002 GEN'L OBLIGATIONS BOND DEBT SERVICE SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Interest and rents Total revenues EXPENDITURES Debt service Total expenditures Excess (deficiency) of revenues over expenditures Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 1,899,130 $ 1,899,130 $ 1,961,868 $ 62,738 6,400 6,400 18,878 12,478 1,905,530 1,905,530 1,980,746 75,216 2,015,530 2,015,530 2,015,530 - 2,015,530 2,015,530 2,015,530 - (110,000) (110,000) (34,784) 75,216 310,000 310,000 309,468 (532) Fund balance - End of year $ 200,000 $ 200,000 $ 274,684 $ 74,684 -175- DESCHUTES COUNTY, OREGON REDMOND BUILDING 1994 COPs SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Total revenues EXPENDITURES Materials and services Debt service Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers in from other funds Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 600 $ 600 $ 1,039 $ 439 600 600 1,039 439 650 650 625 25 41,200 41,200 41,200 - 41,850 41,850 41,825 25 (41,250) (41,250) (40,786) 464 40,600 40,600 40,600 - 40,600 40,600 40,600 - (650) (650) (186) 464 65,000 65,000 65,070 70 Fund balance - End of year $ 64,350 $ 64,350 $ 64,884 $ 534 -176- DESCHUTES COUNTY, OREGON PERS, SERIES 2002 and 2004 DEBT SERVICE SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Charges for services Total revenues EXPENDITURES Debt service Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers in from other funds Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 2,700 $ 2,700 $ 3,706 $ 1,006 774,990 774,990 718,052 (56,938) 777,690 777,690 721,758 (55,932) 677,007 752,021 752,020 1 677,007 752,021 752,020 1 171,091 96,077 - 96,077 848,098 848,098 752,020 96,078 (70,408) (70,408) (30,262) 40,146 70,408 70,408 70,408 - 70,408 70,408 70,408 - 40,146 40,146 347 347 Fund balance - End of year $ _ $ - $ 40,493 $ 40,493 -177- DESCHUTES COUNTY, OREGON WELCOME CENTER 1988/1998 COPs SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Total revenues EXPENDITURES Materials and services Debt service Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers in from other funds Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Fund balance - End of year Original Variance with Budget Final Budget Actual Final Budget $ 400 $ 400 $ 2,149 $ 1,749 400 400 2,149 1,749 1,280 1,280 1,280 - 152,712 152,712 152,712 - 153,992 153,992 153,992 - (153,592) (153,592) (151,843) 1,749 160,000 160,000 160,000 - 160,000 160,000 160,000 - 6,408 6,408 8,157 1,749 152,436 152,436 152,476 40 $ 158,844 $ 158,844 $ 160,633 $ 1,789 -178- DESCHUTES COUNTY, OREGON BEND LIBRARY CSD DEBT SERVICE SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Interest and rents Total revenues EXPENDITURES Debt service Total expenditures Excess (deficiency) of revenues over expenditures Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 589,410 $ 589,410 $ 605,724 $ 16,314 2,650 2,650 8,080 5,430 592,060 592,060 613,804 21,744 692,060 692,060 692,060 - 692,060 692,060 692,060 - (100,000) (100,000) (78,256) 21,744 160,000 160,000 166,176 6,176 Fund balance - End of year $ 60,000 $ 60,000 $ 87,920 $ 27,920 -179- DESCHUTES COUNTY, OREGON REDMOND LIBRARY CSD DEBT SERVICE SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Interest and rents Total revenues EXPENDITURES Debt service Total expenditures Excess (deficiency) of revenues over expenditures Fund balance - Beginning of year Fund balance - End of year Original Variance with Budget Final Budget Actual Final Budget $ 174,460 $ 174,460 $ 178,912 $ 4,452 540 540 2,392 1,852 175,000 175,000 181,304 6,304 185,000 185,000 185,000 - 185,000 185,000 185,000 - (10,000) (10,000) (3,696) 6,304 12,000 12,000 13,808 1,808 $ 2,000 $ 2,000 $ 10,112 $ 8,112 -180- DESCHUTES COUNTY, OREGON SUNRIVER LIBRARY CSD DEBT SERVICE SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Interest and rents Total revenues EXPENDITURES Debt service Total expenditures Excess (deficiency) of revenues over expenditures Fund balance - Beginning of year Fund balance - End of year Original Variance with Budget Final Budget Actual Final Budget $ 90,575 $ 90,575 $ 92,608 $ 2,033 350 350 1,069 719 90,925 90,925 93,677 2,752 94,925 94,925 94,925 - 94,925 94,925 94,925 - (4,000) (4,000) (1,248) 2,752 11,000 11,000 11,635 635 $ 7,000 $ 7,000 $ 10,387 $ 3=387 -181- DESCHUTES COUNTY, OREGON PROJECT DEVELOPMENT FUND SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Investment earnings and rent Other Total revenues EXPENDITURES Personnel services Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers in Transfers out Proceeds from bonds Proceeds of sale of assets Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Original Actual Variance with Budget Final Budget Amounts Final Budget $ 70,000 $ 70,000 $ 396,443 $ 326,443 688,782 688,782 1,861,845 1,173,063 758,782 758,782 2,258,288 1,499,506 - 100 - 100 149,378 169,164 103,683 65,481 3,000,100 4,136,312 1,367,516 2,768,796 3,149,478 4,305,576 1,471,199 2,834,377 2,349,348 2,349,348 - 2,349,348 5,498,826 6,654,924 1,471,199 5,183,725 (4,740,044) (5,896,142) 787,089 6,683,231 300,000 300,000 300,000 - (1,123,799) (1,123,799) (1,039,956) 83,843 - 1,156,098 1,158,090 1,992 83,843 83,843 - (83,843) (739,956) 416,142 418,134 1,992 (5,480,000) (5,480,000) 1,205,223 6,685,223 5,480,000 5,480,000 5,756,650 276,650 Fund balance - End of year $ - $ - $ 6,961,873 $ 6,961,873 -182- DESCHUTES COUNTY, OREGON NEWBERRY NEIGHBORHOOD SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Other Intergovernmental Federal Total revenues EXPENDITURES Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers in Transfers out Interfund borrowing Proceeds of sale of assets Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 2,881 $ 2,881 $ 6,368 $ 3,487 177,300 177,300 14,842 (162,458) - 268,694 245,468 (23,226) 180,181 448,875 266,678 (182,197) 7,451 1,403,416 1,267,821 135,595 177,300 177,300 118,800 58,500 184,751 1,580,716 1,386,621 194,095 69,541 69,541 - 69,541 254,292 1,650,257 1,386,621 263,636 (74,111) (1,201,382) (1,119,943) 81,439 83,843 83,843 - (83,843) (490,805) (490,805) (63,505) 427,300 - 400,000 400,000 - 289,000 289,000 - (289,000) (117,962) 282,038 336,495 54,457 (192,073) (919,344) (783,448) 135,896 192,073 919,344 918,204 (1,140) Fund balance - End of year $ - $ - $ 134,756 $ 134,756 -183- DESCHUTES COUNTY, OREGON LOCAL IMPROVEMENT DISTRICT SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Charges for services Total revenues EXPENDITURES Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers in Bonds issued Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 5,000 $ 5,000 $ 10,996 $ 5,996 - - 232,190 232,190 5,000 5,000 243,186 238,186 141,000 141,000 98,187 42,813 1,100,000 1,100,000 513,606 586,394 1,241,000 1,241,000 611,793 629,207 344,200 344,200 - 344,200 1,585,200 1,585,200 611,793 973,407 (1,580,200) (1,580,200) (368,607) 1,211,593 200 200 - (200) 1,100,000 1,100,000 370,000 (730,000) 1,100,200 1,100,200 370,000 (730,200) (480,000) (480,000) 1,393 481,393 480,000 480,000 466,001 (13,999) Fund balance - End of year $ - $ - $ 467,394 $ 467,394 Iff-0 DESCHUTES COUNTY, OREGON GENERAL COUNTY PROJECTS SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Taxes -Property Interest and rents Total revenues EXPENDITURES Personnel Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Bonds issued Transfers out Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 432,528 $ 432,528 $ 466,940 $ 34,412 490,258 490,258 560,475 70,217 922,786 922,786 1,027,415 104,629 - 100 - 100 91,988 404,021 184,083 219,938 100 765,121 156,586 608,535 92,088 1,169,242 340,669 828,573 640,959 133,047 - 133,047 733,047 1,302,289 340,669 961,620 189,739 (379,503) 686,746 1,066,249 819,242 820,654 1,412 (848,414) (1,098,414) (1,098,414) - (848,414) (279,172) (277,760) 1,412 (658,675) (658,675) 408,986 1,067,661 658,675 658,675 553,102 (105,573) Fund balance - End of year $ - $ - $ 962,088 $ 962,088 DESCHUTES COUNTY, OREGON LA PINE BUILDING PURCHASE / REMODEL SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Total revenues EXPENDITURES Personnel services Materials and services Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 5,000 $ 5,000 $ 6,452 $ 1,452 5,000 5,000 6,452 1,452 6,362 6,362 5,985 377 30,838 30,838 844 29,994 274,800 274,800 16,806 257,994 312,000 312,000 23,635 288,365 (307,000) (307,000) (17,183) 289,817 307,000 307,000 303,686 (3,314) Fund balance - End of year $ - $ - $ 286,503 $ 286,503 W_1.1 DESCHUTES COUNTY, OREGON REMODEL PROJECTS FUND SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Total revenues EXPENDITURES Personnel services Materials and services Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers in Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ 10,000 $ 10,000 $ 40,962 $ 30,962 10,000 10,000 40,962 30,962 8,907 8,907 8,266 641 119,091 119,091 89,459 29,632 3,232,002 3,482,002 3,277,519 204,483 3,360,000 3,610,000 3,375,244 234,756 (3,350,000) (3,600,000) (3,334,282) 265,718 350,000 600,000 600,000 - 350,000 600,000 600,000 - (3,000,000) (3,000,000) (2,734,282) 265,718 3,000,000 3,000,000 2,834,542 (165,458) Fund balance - End of year $ - $ - $ 100,260 $ 100,260 -187- DESCHUTES COUNTY, OREGON COURTHOUSE REMODEL PROJECT SCHEDULE OF REVENUES AND EXPENDITURES - ACTUAL AND BUDGET BUDGETARY BASIS FOR THE YEAR ENDED JUNE 30, 2005 REVENUES Local Interest and rents Total revenues EXPENDITURES Personnel Materials and services Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Bonds issued Total other financing sources (uses) Excess (deficiency) of revenue and other financing sources over (under) expenditures and other financing uses Fund balance - Beginning of year Original Variance with Budget Final Budget Actual Final Budget $ - $ - $ 12,909 $ 12,909 12,909 12,909 100 - 100 80,039 43,989 36,050 1,441,310 981,233 460,077 1,521,449 1,025,222 496,227 (1,521,449) (1,012,313) 509,136 1,521,449 1,527,639 6,190 1,521,449 1,527,639 6,190 515,326 515,326 Fund balance - End of year $ $ $ 515,326 $ 515,326 DESCHUTES COUNTY, OREGON SOLID WASTE OPERATIONS SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS FOR THE YEAR ENDED JUNE 30, 2005 OPERATING REVENUES Charges for services Miscellaneous Total operating revenues OPERATING EXPENSES Personnel Materials and services Landfill closure/postclosure care costs Depreciation Capital outlay Debt service Total operating expenses Operating income (loss) NONOPERATING REVENUES (EXPENSES) Grant Investment earnings Amortization of bond issue costs Interest expense Interfund transfer of assets Gain (loss) on equipment disposition Total nonoperating revenues (expenses), net Income (loss) before transfers Transfers in (out) Change in net assets Total net assets - Beginning of year Total net assets - End of year Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis $ 6,418,000 $ 625,816 $ 7,043,816 $ - $ 7,043,816 15,000 43,408 58,408 - 58,408 6,433,000 669,224 7,102,224 - 7,102,224 1,331,543 (2,053) 1,333,596 12,299 1,345,895 2,972,253 403,952 2,568,301 6,883 2,575,184 - - - 540,950 540,950 - - - 556,692 556,692 124,250 4,230 120,020 (120,020) - 381,028 - 381,028 (381,028) - 4,809,074 406,129 4,402,945 615,776 5,018,721 1,623,926 1,075,353 2,699,279 (615,776) 2,083,503 53,100 (53,100) - - - 30,000 24,591 54,591 - 54,591 - - - (4,714) (4,714) - - - (257,138) (257,138) - - - (671) (671) - 525 525 90,332 90,857 83,100 (27,984) 55,116 (172,191) (117,075) 1,707,026 1,047,369 2,754,395 (787,967) 1,966,428 (2,850,000) - (2,850,000) - (2,850,000) (1,142,974) 1,047,369 (95,605) (787,967) (883,572) 1,142,974 2,393,855 3,536,829 (13,131,177) (9,594,348) $ - $ 3,441,224 $ 3,441,224 $ (13,919,144) $ (10,477,920) -189- DESCHUTES COUNTY, OREGON LANDFILL CLOSURE SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS FOR THE YEAR ENDED JUNE 30, 2005 Actual -190- Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis OPERATING REVENUES Charges for services $ - $ - $ - $ - $ - Miscellaneous - - - - - Total operating revenues - - - - - OPERATING EXPENSES Personnel - - - - - Materials and services - - - - - Landfill closure/postclosure care costs Depreciation - - - - - Capital outlay - - - - - Debt service Contingency 2,400,000 2,400,000 - - - Total operating expenses 2,400,000 2,400,000 - - - Operating income (loss) (2,400,000) 2,400,000 - - - NONOPERATING REVENUES (EXPENSES) Grant - Investment earnings 55,000 42,298 97,298 - 97,298 Amortization of bond issue costs - - - - - Interest expense - - - - - Interfund transfer of assets Gain (loss) on equipment disposition - - - - - Total nonoperating revenues (expenses), net 55,000 42,298 97,298 - 97,298 Income (loss) before transfers (2,345,000) 2,442,298 97,298 - 97,298 Transfers in (out) 400,000 - 400,000 - 400,000 Change in net assets (1,945,000) 2,442,298 497,298 - 497,298 Total net assets - Beginning of year 4,390,989 (3,919) 4,387,070 282,171 4,669,241 Total net assets - End of year $ 2,445,989 $ 2,438,379 $ 4,884,368 $ 282,171 $ 5,166,539 -190- DESCHUTES COUNTY, OREGON LANDFILL POSTCLOSURE SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS FOR THE YEAR ENDED JUNE 30, 2005 OPERATING REVENUES Charges for services Miscellaneous Total operating revenues OPERATING EXPENSES Personnel Materials and services Landfill closure/postclosure care costs Depreciation Capital outlay Debt service Contingency Total operating expenses Operating income (loss) NONOPERATING REVENUES (EXPENSES) Grant Investment earnings Amortization of bond issue costs Interest expense Interfund transfer of assets Gain (loss) on equipment disposition Total nonoperating revenues (expenses), net Income (loss) before transfers Transfers in (out) Change in net assets Total net assets - Beginning of year Total net assets - End of year Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis 232,262 232,262 - - - 232,262 232,262 - - - (232,262) 232,262 - - - 16,000 13,984 29,984 - 29,984 - 29,984 29,984 13,984 16,000 (216,262) 246,246 29,984 - 29,984 200,000 - 200,000 - 200,000 (16,262) 246,246 229,984 - 229,984 1,332,416 (972) 1,331,444 - 1,331,444 $ 1,316,154 $ 245,274 $$ 1,561,428, $ - $ 1,561,428 -191- DESCHUTES COUNTY, OREGON SOLID WASTE CAPITAL PROJECTS SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS FOR THE YEAR ENDED JUNE 30, 2005 OPERATING REVENUES Charges for services Miscellaneous Total operating revenues OPERATING EXPENSES Personnel Materials and services Landfill closure/postclosure care costs Depreciation Capital outlay Debt service Contingency Total operating expenses Operating income (loss) NONOPERATING REVENUES (EXPENSES) Grant Investment earnings Amortization of bond issue costs Interest expense Interfund transfer of assets Gain (loss) on equipment disposition Total nonoperating revenues (expenses), net Income (loss) before transfers Transfers in (out) Change in net assets Total net assets - Beginning of year Total net assets - End of year Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis 104,235 100,000 4,235 (4,235) - 240,000 65,655 174,345 (174,345) - 1,221,275 1,221,275 - - - 1,565,510 1,386,930 178,580 (178,580) - (1,565,510) 1,386,930 (178,580) 178,580 - 10,000 18,730 28,730 - 28,730 10,000 - 18,730 28,730 28,730 (1,555,510) 1,405,660 (149,850) 178,580 28,730 1,000,000 - 1,000,000 - 1,000,000 (555,510) 1,405,660 850,150 178,580 1,028,730 555,510 524,699 1,080,209 4,363,155 5,443,364 $ - $ 1,930,359 $ 1,930,359 $ 4,541,735 $ 6,472,094 -192- DESCHUTES COUNTY, OREGON SOLID WASTE EQUIPMENT RESERVE SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS FOR THE YEAR ENDED JUNE 30, 2005 OPERATING REVENUES Charges for services Miscellaneous Total operating revenues OPERATING EXPENSES Personnel Materials and services Landfill closure/postclosure care costs Depreciation Capital outlay Debt service Contingency Total operating expenses Operating income (loss) NONOPERATING REVENUES (EXPENSES) Grant Investment earnings Amortization of bond issue costs Interest expense Interfund transfer of assets Gain (loss) on equipment disposition Total nonoperating revenues (expenses), net Income (loss) before transfers Transfers in (out) Change in net assets Total net assets - Beginning of year Total net assets - End of year Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis 7,435 - 7,435 1,758 9,193 460,442 - 460,442 (460,442) - 108,297 2,483 105,814 (105,814) - 81,703 81,703 - - - 657,877 84,186 573,691 (564,498) 9,193 (657,877) 84,186 (573,691) 564,498 (9,193) 5,000 6,197 11,197 - 11,197 - - - (2,034) (2,034) 6,197 9,163 5,000 11,197 (2,034) (652,877) 90,383 (562,494) 562,464 (30) 350,000 750,000 1,100,000 - 1,100,000 (302,877) 840,383 537,506 562,464 1,099,970 663,060 (774) 662,286 245,973 908,259 $ 360,183 $ 839,609 $ 1,199,792 $ 808,437 $ 2,008,229 -193- DESCHUTES COUNTY, OREGON ENVIRONMENTAL REMEDIATION SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS FOR THE YEAR ENDED JUNE 30, 2005 OPERATING REVENUES Charges for services Miscellaneous Total operating revenues OPERATING EXPENSES Personnel Materials and services Landfill closure/postclosure care costs Depreciation Capital outlay Debt service Contingency Total operating expenses Operating income (loss) NONOPERATING REVENUES (EXPENSES) Grant Investment earnings Amortization of bond issue costs Interest expense Interfund transfer of assets Gain (loss) on equipment disposition Total nonoperating revenues (expenses), net Income (loss) before transfers Transfers in (out) Change in net assets Total net assets - Beginning of year Total net assets - End of year Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis 1,000 1,000 - - - 1,500 1,500 - - - 261,180 261,180 - - - 263,680 263,680 - - - (263,680) 263,680 - - - 24,000 13,137 37,137 - 37,137 24,000 13,137 37,137 - 37,137 (239,680) 276,817 37,137 - 37,137 (239,680) 276,817 37,137 - 37,137 1,717,199 (1,987) 1,715,212 - 1,715,212 $ 1,477,519 $ 274,830 $ 1,752,349 $ - $ 1,752,349 -194- DESCHUTES COUNTY, OREGON SW NORTH AREA DEVELOPMENT SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS FOR THE YEAR ENDED JUNE 30, 2005 OPERATING REVENUES Charges for services Miscellaneous Total operating revenues OPERATING EXPENSES Personnel Materials and services Landfill closure/postclosure care costs Depreciation Capital outlay Debt service Contingency Total operating expenses Operating income (loss) NONOPERATING REVENUES (EXPENSES) Grant Investment earnings Amortization of bond issue costs Interest expense Interfund transfer of assets Gain (loss) on equipment disposition Total nonoperating revenues (expenses), net Income (loss) before transfers Transfers in (out) Change in net assets Total net assets - Beginning of year Total net assets - End of year Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis 765,836 711,504 54,332 (54,332) - 4,937,534 4,937,534 - - - 149,599 149,599 - - - 5,852,969 5,798,637 54,332 (54,332) - (5,852,969) 5,798,637 (54,332) 54,332 - 50,000 67,696 117,696 - 117,696 - - - (135,873) (135,873) 50,000 67,696 117,696 (135,873) (18,177) (5,802,969) 5,866,333 63,364 (81,541) (18,177) 150,000 - 150,000 - 150,000 (5,652,969) 5,866,333 213,364 (81,541) 131,823 5,652,969 (231,433) 5,421,536 1,310,917 6,732,453 $ - $ 5,634,900 $ 5,634,900 $ 1,229,376 $ 6,864,276 -195- DESCHUTES COUNTY, OREGON FAIR $ EXPO CENTER SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS FOR THE YEAR ENDED JUNE 30, 2005 OPERATING REVENUES Charges for services Total operating revenues OPERATING EXPENSES Personnel Materials and services Depreciation Capital outlay Debt service Contingency Total operating expenses Operating income (loss) Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis $ 1,089,900 $ (43,620) $ 1,046,280 $ - $ 1,046,280 1,089,900 (43,620) 1,046,280 - 1,046,280 714,240 35,229 679,011 12,502 691,513 753,494 74,558 678,936 9,057 687,993 - - - 708,092 708,092 47,970 3,195 44,775 (44,775) - 43,133 - 43,133 (43,133) - 107,212 107,212 - - - 1,666,049 220,194 1,445,855 641,743 2,087,598 (576,149) 176,574 (399,575) (641,743) (1,041,318) NONOPERATING REVENUES (EXPENSES) Grants 30,355 5,000 35,355 - 35,355 Investment earnings 5,000 212 5,212 - 5,212 Amortization of debt issuance costs - - - (79) (79) Interest expense - - - (69,284) (69,284) Total nonoperating revenues (expenses), net 35,355 5,212 40,567 (69,363) (28,796) Income (loss) before transfers (540,794) 181,786 (359,008) (711,106) (1,070,114) Transferred capital - - - (2,728,500) (2,728,500) Transfers in 491,000 - 491,000 382,685 873,685 Transfers out (91,006) - (91,006) - (91,006) Change in net assets (140,800) 181,786 40,986 (3,056,921) (3,015,935) Total net assets - Beginning of year 140,800 (2,957) 137,843 26,333,122 26,470,965 Total net assets - End of year $ - $ 178,829 $ 178,829 $ 23,276,201 $ 23,455,030 -196- DESCHUTES COUNTY, OREGON ANNUAL COUNTY FAIR SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS FOR THE YEAR ENDED JUNE 30, 2005 Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis OPERATING REVENUES Charges for services $ 917,500 $ (44,670) $ 872,830 $ (13,270) $ 859,560 Total operating revenues 917,500 (44,670) 872,830 (13,270) 859,560 OPERATING EXPENSES Personnel 140,011 886 139,125 (2,454) 136,671 Materials and services 643,033 72,845 570,188 (11,195) 558,993 Contingency 13,651 13,651 - - - Total operating expenses 796,695 87,382 709,313 (13,649) 695,664 Operating income (loss) 120,805 42,712 163,517 379 163,896 NONOPERATING REVENUES (EXPENSES) Grants 43,000 (2,859) 40,141 - 40,141 Investment earnings - 1,687 1,687 - 1,687 Total nonoperating revenues (expenses), net 43,000 (1,172) 41,828 - 41,828 Income (loss) before transfers 163,805 41,540 205,345 379 205,724 Transfers out (191,000) - (191,000) - (191,000) Change in net assets (27,195) 41,540 14,345 379 14,724 Total net assets - Beginning of year 27,195 48,785 75,980 (81,809) (5,829) Total net assets - End of year $ - $ 90,325 $ 90,325 $ (81,430) $ 8,895 -197- DESCHUTES COUNTY, OREGON FAIR & EXPO CONSTRUCTION SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS FOR THE YEAR ENDED JUNE 30, 2005 OPERATING EXPENSES Materials and services Capital outlay Total operating expenses Operating income (loss) NONOPERATING REVENUES (EXPENSES) Loan Proceeds Investment earnings Total nonoperating revenues (expenses), net Income (loss) before transfers Transferred capital Change in net assets Total net assets - Beginning of year Total net assets - End of year Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis $ 55,463 $ 2,407 $ 53,056 $ 233,014 $ 286,070 2,717,748 2,431,678 286,070 (286,070) - 2,773,211 2,434,085 339,126 (53,056) 286,070 (2,773,211) 2,434,085 (339,126) 53,056 (286,070) 2,773,211 8,345 2,781,556 (2,781,556) - - 25,266 25,266 - 25,266 2,773,211 33,611 2,806,822 (2,781,556) 25,266 - 2,467,696 2,467,696 (2,728,500) (260,804) - - - 2,728,500 2,728,500 - 2,467,696 2,467,696 - 2,467,696 $ - $ 2,467,696 $ 2,467,696 $ - $ 2,467,696 -198- DESCHUTES COUNTY, OREGON FAIR & EXPO CENTER RESERVE SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS FOR THE YEAR ENDED JUNE 30, 2005 Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis OPERATING EXPENSES Capital outlay $ 335,000 $ (335,000) $ - $ - $ - Contingency 58,006 (58,006) - - - Total operating expenses 393,006 (393,006) - - - Operating income (loss) (393,006) 393,006 - - - NONOPERATING REVENUES (EXPENSES) Investment earnings 4,000 3,435 7,435 - 7,435 Total nonoperating revenues (expenses), net 4,000 3,435 7,435 - 7,435 Income (loss) before transfers (389,006) 396,441 7,435 - 7,435 Transfers in 91,006 - 91,006 - 91,006 Change in net assets (298,000) 396,441 98,441 - 98,441 Total net assets - Beginning of year 298,000 530 298,530 - 298,530 Total net assets - End of year $ - $ 396,971 $ 396,971 $ - $ 396,971 -199- DESCHUTES COUNTY, OREGON FAIRGROUNDS DEBT SERVICE FUND SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS FOR THE YEAR ENDED JUNE 30, 2005 OPERATING REVENUES Property taxes Total operating revenues OPERATING EXPENSES Debt service Total operating expenses Operating income (loss) NONOPERATING REVENUES (EXPENSES) Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis $ 1,842,894 $ 68,191 $ 1,911,085 $ (6,931) $ 1,904,154 1,842,894 68,191 1,911,085 (6,931) 1,904,154 1,963,294 - 1,963,294 - 1,963,294 (1,963,294) 1,963,294 (1,963,294) (120,400) 68,191 (52,209) 1,956,363 1,904,154 Investment earnings 5,400 6,121 11,521 - 11,521 Amortization of debt issuance costs - - - (131,206) (131,206) Interest expense - - - (935,771) (935,771) Total nonoperating revenues (expenses), net 5,400 6,121 11,521 (1,066,977) (1,055,456) Change in net assets (115,000) 74,312 (40,688) 889,386 848,698 Total net assets - Beginning of year 315,000 (688) 314,312 (22,396,311) (22,081,999) Total net assets - End of year $ 200,000 $ 73,624 $ 273,624 $(21,506,925) $(21,233,301) -200- DESCHUTES COUNTY, OREGON BUILDING SERVICES SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS FOR THE YEAR ENDED JUNE 30, 2005 OPERATING REVENUES Charges for services Total operating revenues OPERATING EXPENSES Personnel Materials and services Depreciation Capital outlay Total operating expenses Operating income (loss) NONOPERATING REVENUES (EXPENSES) Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis $ 1,693,557 $ (24,721) $ 1,668,836 $ - $ 1,668,836 1,693,557 (24,721) 1,668,836 - 1,668,836 1,132,314 62,720 1,069,594 746 1,070,340 638,563 75,312 563,251 29,860 593,111 - - - 41,253 41,253 49,800 19,940 29,860 (29,860) - 1,820,677 157,972 1,662,705 41,999 1,704,704 (127,120) 133,251 6,131 (41,999) (35,868) Investment earnings 3,000 3,454 6,454 - 6,454 Rents - 9,036 9,036 - 9,036 Interfund transfer of assets - - - 11,718 11,718 Loss on disposition of capital assets - - - (656) (656) Total nonoperating revenues (expenses), net 3,000 12,490 15,490 11,062 26,552 Income (loss) before transfers Transfer In Change in net assets Total net assets - Beginning of year Total net assets - End of year (124,120) 145,741 21,621 (30,937) (9,316) 44,000 - 44,000 - 44,000 (80,120) 145,741 65,621 (30,937) 34,684 110,120 105,369 215,489 184,170 399,659 $ 30,000 $ 251,110 $ 281,110 $ 153,233 $ 434,343 -201- DESCHUTES COUNTY, OREGON ADMINISTRATIVE SERVICES SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS FOR THE YEAR ENDED JUNE 30, 2005 OPERATING REVENUES Charges for services Total operating revenues OPERATING EXPENSES Personnel Materials and services Capital outlay Total operating expenses Operating income (loss) NONOPERATING REVENUES (EXPENSES) Investment earnings Total nonoperating revenues (expenses), net Income (loss) Transfers In Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis $ 442,846 $ (4,950) $ 437,896 $ - $ 437,896 442,846 (4,950) 437,896 - 437,896 403,862 8,891 394,971 (37,286) 357,685 84,884 448 84,436 - 84,436 100 100 - - - 488,846 9,439 479,407 (37,286) 442,121 (46,000) 4,489 (41,511) 37,286 (4,225) 482 482 - 482 482 482 - 482 (46,000) 4,971 (41,029) 37,286 (3,743) 46,000 (1,000) 45,000 - 45,000 Change in net assets - 3,971 3,971 37,286 41,257 Total net assets - Beginning of year - 4,358 4,358 (53,526) (49,168) Total net assets - End of year $ - $ 8,329 $ 8,329 $ (16,240) $ (7,911) -202- DESCHUTES COUNTY, OREGON FINANCE SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS FOR THE YEAR ENDED JUNE 30, 2005 OPERATING REVENUES Charges for services Miscellaneous Total operating revenues OPERATING EXPENSES Personnel Materials and services Depreciation Capital outlay Contingency Total operating expenses Operating income (loss) Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis $ 981,604 $ 55,382 $ 1,036,986 $ - $ 1,036,986 - 400 400 - 400 981,604 55,782 1,037,386 - 1,037,386 6,276 - 6,276 670,526 53,739 616,787 3,532 620,319 314,989 50,881 264,108 16,833 280,941 - - - 60,859 60,859 75,800 58,967 16,833 (16,833) - 45,289 45,289 - - - 1,106,604 208,876 897,728 64,391 962,119 234,284 (125,000) 264,658 139,658 (64,391) 75,267 NONOPERATING REVENUES (EXPENSES) Investment earnings 3,000 3,276 6,276 - 6,276 Total nonoperating revenues (expenses), net 3,000 3,276 6,276 - 6,276 Income (loss) (122,000) 267,934 145,934 (64,391) 81,543 Transfers in - - - Change in net assets (122,000) 267,934 145,934 (64,391) 81,543 Total net assets - Beginning of year 172,000 79,921 251,921 (17,637) 234,284 Total net assets - End of year $ 50,000 $ 347,855 $ 397,855 $ (82,028) $ 315,827 -203- DESCHUTES COUNTY, OREGON LEGAL SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS FOR THE YEAR ENDED JUNE 30, 2005 Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis OPERATING REVENUES Charges for services $ 517,697 $ (7,776) $ 509,921 $ - $ 509,921 Total operating revenues 517,697 (7,776) 509,921 - 509,921 OPERATING EXPENSES Personnel 459,225 889 458,336 1,801 460,137 Materials and services 63,717 12,692 51,025 - 51,025 Capital outlay 100 100 - - - Contingency 25,655 25,655 - - - Total operating expenses 548,697 39,336 509,361 1,801 511,162 10,000 Operating income (loss) (31,000) 31,560 560 (1,801) (1,241) NONOPERATING REVENUES (EXPENSES) Investment earnings 1,000 467 1,467 - 1,467 Total nonoperating revenues (expenses), net 1,000 467 1,467 - 1,467 Income (loss) before transfers (30,000) 32,027 2,027 (1,801) 226 Appropriation Transfer 10,000 - 10,000 - 10,000 Change in net assets (20,000) 32,027 12,027 (1,801) 10,226 Total net assets - Beginning of year 30,000 10,727 40,727 (34,654) 6,073 Total net assets - End of year $ 10,000 $ 42,754 $ 52,754 $ (36,455) $ 16,299 -204- DESCHUTES COUNTY, OREGON PERSONNEL SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS FOR THE YEAR ENDED JUNE 30, 2005 Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis OPERATING REVENUES Charges for services $ 549,749 $ 2,270 $ 552,019 $ - $ 552,019 Total operating revenues 549,749 2,270 552,019 - 552,019 OPERATING EXPENSES Personnel 344,589 4,805 339,784 (3,803) 335,981 Materials and services 314,060 78,999 235,061 873 235,934 Capital outlay 900 27 873 (873) - Contingency 50,000 50,000 - - - Total operating expenses 709,549 133,831 575,718 (3,803) 571,915 Change in net assets (156,000) 138,465 Operating income (loss) (159,800) 136,101 (23,699) 3,803 (19,896) NONOPERATING REVENUES (EXPENSES) Investment earnings 3,800 2,364 6,164 - 6,164 Total nonoperating revenues (expenses), net 3,800 2,364 6,164 - 6,164 Income (loss) before transfers (156,000) 138,465 (17,535) 3,803 (13,732) Transfers in - - - - - Change in net assets (156,000) 138,465 (17,535) 3,803 (13,732) Total net assets - Beginning of year 156,000 84,842 240,842 (33,830) 207,012 Total net assets - End of year $ - $ 223,307 $ 223,307 $ (30,027) $ 193,280 -205- DESCHUTES COUNTY, OREGON INFORMATION TECHNOLOGY SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS FOR THE YEAR ENDED JUNE 30, 2005 OPERATING REVENUES Charges for services Total operating revenues OPERATING EXPENSES Personnel Materials and services Depreciation Capital outlay Contingency Total operating expenses Operating income (loss) Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis $ 1,631,789 $ 30,620 $ 1,662,409 $ - $ 1,662,409 1,631,789 30,620 1,662,409 - 1,662,409 1,511,672 67,633 1,444,039 (33,430) 1,410,609 351,871 88,870 263,001 5,380 268,381 - - - 62,082 62,082 5,400 20 5,380 (5,380) - 160,010 160,010 - - - 2,028,953 316,533 1,712,420 28,652 1,741,072 (397,164) 347,153 (50,011) (28,652) (78,663) NONOPERATING REVENUES (EXPENSES) Investment earnings 5,000 6,199 11,199 - 11,199 Interfund transfer of assets - - - 7,411 7,411 Total nonoperating revenues (expenses), net 5,000 6,199 11,199 7,411 18,610 Income (loss) before transfers (392,164) 353,352 (38,812) (21,241) (60,053) Transfers in 46,164 - 46,164 - 46,164 Change in net assets (346,000) 353,352 7,352 (21,241) (13,889) Total net assets - Beginning of year 467,000 (1,285) 465,715 (74,934) 390,781 Total net assets - End of year $ 121,000 $ 352,067 $ 473,067 $ (96,175) $ 376,892 -206- DESCHUTES COUNTY, OREGON IT RESERVE SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS FOR THE YEAR ENDED JUNE 30, 2005 OPERATING REVENUES Charges for services Total operating revenues OPERATING EXPENSES Materials and services Depreciation Capital outlay Debt service Contingency Total operating expenses Operating income (loss) NONOPERATING REVENUES (EXPENSES) Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis $ 210,000 $ 681 $ 210,681 $ - $ 210,681 210,000 681 210,681 - 210,681 38,000 676 37,324 216,212 253,536 - - - 99,894 99,894 474,250 59,045 415,205 (415,205) - 84,848 - 84,848 (84,848) - 116,702 116,702 - - - 713,800 176,423 537,377 (183,947) 353,430 (503,800) 177,104 (326,696) 183,947 (142,749) Investment earnings 3,800 2,048 5,848 - 5,848 Loans 200,000 (200,000) - - - Interest expense - - - (3,385) (3,385) Total nonoperating revenues (expenses), net 203,800 (197,952) 5,848 (3,385) 2,463 Income (loss) before transfers (300,000) (20,848) (320,848) 180,562 (140,286) Transfers in - _ _ _ _ Change in net assets (300,000) (20,848) (320,848) 180,562 (140,286) Total net assets - Beginning of year 300,000 57,994 357,994 (109,762) 248,232 Total net assets - End of year $ - $ 37,146 $ 37,146 $ 70,800 $ 107,946 -207- DESCHUTES COUNTY, OREGON INSURANCE SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS FOR THE YEAR ENDED JUNE 30, 2005 OPERATING REVENUES Charges for services Miscellaneous Total operating revenues OPERATING EXPENSES Personnel Materials and services Depreciation Capital outlay Contingency Total operating expenses Operating income (loss) NONOPERATING REVENUES (EXPENSES) Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis $ 1,591,996 $ 14,717 $ 1,606,713 $ - $ 1,606,713 5,500 (3,755) 1,745 - 1,745 1,597,496 10,962 1,608,458 - 1,608,458 379,746 19,545 360,201 9,305 369,506 2,350,828 354,389 1,996,439 (772,452) 1,223,987 - - - 5,687 5,687 108,600 88,654 19,946 (19,946) - 603,539 603,539 - - - 3,442,713 1,066,127 2,376,586 (777,405) 1,599,180 (1,845,217) 1,077,089 (768,128) 777,405 9,278 Loan repayment 77,648 3,815 81,463 (81,463) - Investment earnings 41,200 (3,540) 37,660 - 37,660 Interfund transfer of capital assets - - - 2,083 2,083 Total nonoperating revenues (expenses), net 118,848 275 119,123 (79,380) 39,743 Income (loss) before transfers (1,726,369) 1,077,364 (649,005) 698,025 49,021 Transfers in 420,000 - 420,000 - 420,000 Change in net assets (1,306,369) 1,077,364 (229,005) 698,025 469,021 Total net assets - Beginning of year 2,500,000 (365,104) 2,134,896 (1,678,857) 456,039 Total net assets - End of year $ 1,193,631 $ 712,260 $ 1,905,891 $ (980,832) $ 925,060 -208- DESCHUTES COUNTY, OREGON HEALTH BENEFITS TRUST SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS FOR THE YEAR ENDED JUNE 30, 2005 OPERATING REVENUES Charges for services Total operating revenues OPERATING EXPENSES Personnel Materials and services Capital outlay Contingency Total operating expenses Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis $ 9,042,367 $ 325,315 $ 9,367,682 $ - $ 9,367,682 9,042,367 325,315 9,367,682 - 9,367,682 110,935 425 110,510 2,720 113,230 8,933,541 1,543,142 7,390,399 102,039 7,492,438 100 100 - - - 2,689,433 2,689,433 - - - 11,734,009 4,233,100 7,500,909 104,759 7,605,668 Operating income (loss) - (2,691,642) 4,558,415 1,866,773 (104,759) 1,762,014 NONOPERATING REVENUES (EXPENSES) Investment earnings 54,000 25,016 79,016 - 79,016 Total nonoperating revenues (expenses), net 54,000 25,016 79,016 - 79,016 Income (loss) before transfers (2,637,642) 4,583,431 1,945,789 (104,759) 1,841,030 Transfers out (420,000) - (420,000) - (420,000) Change in net assets (3,057,642) 4,583,431 1,525,789 (104,759) 1,421,030 Total net assets - Beginning of year 3,057,642 (3,795) 3,053,847 (712,247) 2,341,600 Total net assets - End of year $ - $ 4,579,636 $ 4,579,636 $ (817,006) $ 3,762,630 -209- This page intentionally left blank. CAPITAL ASSETS USED IN THE OPERATION OF GOVERNMENTAL FUNDS This page intentionally left blank. DESCHUTES COUNTY, OREGON CAPITAL ASSETS USED IN THE OPERATION OF GOVERNMENTAL FUNDS COMPARATIVE SCHEDULE BY SOURCE' JUNE 30, 2005 AND 2004 Governmental funds capital assets: Land Land Improvements Construction in Progress Infrastructure Buildings & Improvements Equipment & Vehicles Total governmental funds capital assets Investments in governmental funds capital assets by source: General fund Special revenue fund Capital projects fund Total governmental funds capital assets 2005 $ 8,276,684 3,863,051 1,497,487 9,607,178 57,776,323 20,332,219 $101,352,942 $ 12,075,621 29,697,035 59,580,286 $101,352,942 This schedule presents only the capital asset balances related to governmental funds. Accordingly, the capital assets reported in internal service funds are excluded from the above amounts. Generally, the capital assets of internal service funds are included as governmental activities in the statement of net assets. 5100 2004 $ 6,284,101 3,020,945 3,106,944 5,715,006 54,562,404 17,847,317 $ 90,536,717 $ 11,112,788 22,605,382 56,818,547 $ 90,536,717 DESCHUTES COUNTY, OREGON CAPITAL ASSETS USED IN THE OPERATION OF GOVERNMENTAL FUNDS SCHEDULE BY FUNCTION AND ACTIVITY JUNE 30, 2005 1 This schedule presents only the capital asset balances related to governmental funds. Accordingly, the capital assets reported in internal service funds are excluded from the above amounts. Generally, the capital assets of internal service funds are included as governmental activities in the statement of net assets. KEE Land Buildings & Equipment Construction Function and Activity Land Improvements Improvements & Vehicles Infrastructure In Progress Total General Government $ $ 48,838 $ - $ 100,941 $ - $ - $ 149,779 General Services 8,276,684 3,445,416 34,390,598 2,619,243 1,198,836 49,930,777 Education - - - - County roads 248,560 2,383,977 6,582,328 9,607,178 180,936 19,002,979 Public Protection 120,237 16,272,684 10,304,325 117,715 26,814,961 Health & Welfare 4,729,064 725,382 5,454,446 Total governmental funds capital assets $ 8,276,684 $ 3,863,051 $ 57,776,323 $ 20,332,219 $ 9,607,178 $ 1,497,487 $ 101,352,942 1 This schedule presents only the capital asset balances related to governmental funds. Accordingly, the capital assets reported in internal service funds are excluded from the above amounts. Generally, the capital assets of internal service funds are included as governmental activities in the statement of net assets. KEE DESCHUTES COUNTY, OREGON CAPITAL ASSETS USED IN THE OPERATION OF GOVERNMENTAL FUNDS SCHEDULE OF CHANGES BY FUNCTION AND ACTIVITY' FOR THE YEAR ENDED JUNE 30, 2005 Total governmental funds capital assets $ 90,536,717 $ 16,019,992 $ (421,984) $ (4,781,783) $ 101,352,942 This schedule presents only the capital asset balances related to governmental funds. Accordingly, the capital assets reported in internal service funds are excluded from the above amounts. Generally, the capital assets of internal service funds are included as governmental activities in the statement of net assets. -215- Governmental Governmental Funds Capital Funds Capital Assets 04/05 04/05 04/05 Assets Function and Activity July 1, 2004 Additions Reclass Deductions June 30, 2005 General Government $ 172,864 $ - $ (23,085) $ - $ 149,779 General Services 46,443,364 7,447,973 (440,524) (3,520,038) 49,930,775 Education - - - - - County roads 14,009,809 5,248,384 22,770 (277,983) 19,002,980 Public Protection 24,436,554 3,255,501 (4,478) (872,615) 26,814,962 Health & Welfare 5,474,126 68,134 23,333 (111,147) 5,454,446 Total governmental funds capital assets $ 90,536,717 $ 16,019,992 $ (421,984) $ (4,781,783) $ 101,352,942 This schedule presents only the capital asset balances related to governmental funds. Accordingly, the capital assets reported in internal service funds are excluded from the above amounts. Generally, the capital assets of internal service funds are included as governmental activities in the statement of net assets. -215- This page intentionally left blank. OTHER FINANCIAL SCHEDULES This page intentionally left blank. DESCHUTES COUNTY, OREGON FIDUCIARY FUNDS STATEMENT OF CHANGES IN ASSETS AND LIABILITIES - DETAIL ACTIVITY FOR THE FISCAL YEAR ENDED JUNE 30, 3005 Amounts Held for Others Assets Cash, cash equivalents and investments (including accrued interest) Accounts receivable Liabilities Accounts payable Due to other entities Governmental Others Balance Balance July 1, 2004 Additions Deductions June 30, 2005 $ 11,091,813 $ 184,839,870 $ 184,775,175 $ 11,156,508 5,934 - 4,233 1,701 $ 11,097,747 $ 184,839,870 $ 184,779,408 $ 11,158,209 $ 261,840 $ 14,953 $ 261,840 $ 14,953 1,983,794 182,664,409 182,326,051 2,322,152 8,852,113 2,160,508 2,191,517 8,821,104 $ 11,097,747 $ 184,839,870 $ 184,779,408 $ 11,158,209 -219- DESCHUTES COUNTY, OREGON SCHEDULE OF PROPERTY TAXES TRANSACTIONS - ALL COUNTY TAXES FISCAL YEAR ENDED JUNE 30, 2005 TOTALS $ 187,271,839 $ (1,075,640) $ (3,552,911) Other Distributions: Interest earned on unsegregated taxes TOTAL CASH COLLECTIONS Summarized by Fund Type General Fund Special Revenue Funds Debt Service Funds Proprietary Funds Agency Funds -220- 175,841,607 $ 6,801,681 73,221 $ 569,612 740,482 116,250 76,761 5,298,577 $ 6,801,682 Beginning Turnovers Taxes Balance and Interest from County Receivable Tax Year 2004-05 Levy Adjustments (Discount) Treasurer June 30, 2005 Prior $ 20,008 $ (75) $ 3,702 $ 6,212 $ 17,423 1998-99 11,613 - 1,761 4,369 9,005 1999-00 35,465 (165) 8,168 23,100 20,368 2000-01 214,022 (530) 61,696 222,222 52,966 2001-02 630,268 (1,300) 126,095 528,181 226,882 2002-03 1,614,087 (9,359) 171,985 1,044,252 732,461 2003-04 4,601,282 (133,396) 238,660 3,272,908 1,433,638 2004-05 180,145,094 (930,815) (4,164,978) 170,740,363 4,308,938 TOTALS $ 187,271,839 $ (1,075,640) $ (3,552,911) Other Distributions: Interest earned on unsegregated taxes TOTAL CASH COLLECTIONS Summarized by Fund Type General Fund Special Revenue Funds Debt Service Funds Proprietary Funds Agency Funds -220- 175,841,607 $ 6,801,681 73,221 $ 569,612 740,482 116,250 76,761 5,298,577 $ 6,801,682 STATISTICAL SECTION This page intentionally left blank. STATISTICAL SECTION CONTENTS This part of Deschutes County's statistical comprehensive annual financial report presents detailed information as a context for understanding what the information in the financial statements, note disclosures, and required supplementary information says about the County's overall health. Pages FinancialTrends............................................................................................................225-229 These schedules contain trend information to help the reader understand how the County's financial performance and well-being have changed over time. RevenueCapacity..........................................................................................................230-235 These schedules contain information to help the reader assess the County's most significant local revenue source, the property tax. DebtCapacity.................................................................................................................236-243 These schedules present information to help the reader assess the affordability of the County's current levels of outstanding debt and the County's ability to issue additional debt in the future. Demographic and Economic Information....................................................................244-245 These schedules offer demographic and economic indicators to help the reader understand the environment within which the County's financial activities take place. OperatingInformation...................................................................................................246-248 These schedules contain service and infrastructure data to help the reader understand how the information in the County's financial report relates to the services the County provides and the activities if performs. Sources: Unless otherwise noted, the information in these schedules is derived from the comprehensive annual financial reports for the relevant year. The County implemented GASB Statement 34 in 2003, schedules presenting government -wide information include information beginning in that year. This page intentionally left blank. DESCHUTES COUNTY, OREGON NET ASSETS BY COMPONENT LAST THREE FISCAL YEARS (accrual basis of accounting) Governmental activities Invested in capital assets, net of related debt Restricted Unrestricted Total governmental activities net assets Business -type activities Invested in capital assets, net of related debt Restricted Unrestricted Total business -type activities net assets Primary government Invested in capital assets, net of related debt Restricted Unrestricted Total primary government net assets -225- Fiscal Year 2003 2004 2005 $ 16,778,521 $ 21,977,138 $ 28,248,171 14,649,031 21,835,161 15,300,732 16,202,780 18,362,189 33,928,281 $ 47,630,332 $ 62,174,488 $ 77,477,184 $ 8,403,452 6,166,969 (2,012,466) $ 12,557,955 $ 25,181,973 14,649,031 20,357,283 $ 60,188,287 $ 12,500,715 5,421,536 (2,034,962) $ 15,887,289 $ 34,477,853 27,256,697 16,327,227 $ 78,061,777 $ 12,364,858 8,102,596 (2,025,168) $ 18,442,286 $ 40,613,029 23,403,328 31,903,113 $ 95,919,470 DESCHUTES COUNTY, OREGON CHANGES IN NET ASSETS, LAST THREE FISCAL YEARS (accrual basis of accounting) Program Revenues Governmental activities: Charges for services $ 15,974,077 Fiscal Year $ 38,256,550 Operating grants and contributions 2003 2004 2005 Expenses 1,393,312 645,324 1,486,656 Governmental activities: 54,086,223 56,243,064 62,869,489 General government $ 772,422 $ 328,770 $ 571,128 General services 17,436,802 14,619,177 18,301,423 Public protection 29,938,540 35,794,752 35,908,104 County roads 9,220,189 8,241,978 9,133,389 Health and welfare 20,226,318 19,222,151 20,471,295 Education 1,106,637 1,143,468 1,151,264 Interest on long-term debt 2,648,585 3,265,500 3,486,134 Total govemmental activities expenses 81,349,493 82,615,796 89,022,737 Business -type actvities: Solid waste 3,779,593 3,611,080 5,291,801 Fair & expo center 4,411,767 3,805,532 4,205,671 Total business -type activities expenses 8,191,360 7,416,612 9,497,472 Total primary government expenses $ 89,540,853 $ 90,032,408 $ 98,520,209 Program Revenues Governmental activities: Charges for services $ 15,974,077 $ 33,678,880 $ 38,256,550 Operating grants and contributions 36,718,834 21,918,860 23,126,283 Capital grants and contributions 1,393,312 645,324 1,486,656 Total governmental activities program revenues 54,086,223 56,243,064 62,869,489 Business -type activities: Charges for services: Solid waste 6,008,063 6,651,736 7,102,223 Fair & expo center 1,561,048 1,615,780 1,905,840 Operating grants and contributions 198,611 109,555 75,496 Capital grants and contributions Total business -type activities program revenues 7,767,722 8,377,071 9,083,559 Total primary government program revenues $ 61,853,945 $ 64,620,135 $ 71,9536048 Net(ExpenseuRevenue Governmental activities $(27,263,270) $(26,372,732) $(26,153,248) Business -type activities (423,638) 960,459 (413,913) Total primary government net expense $ (278 $$ (25 $$ (261 General Revenues and Other Changes in Net Assets Governmental activities: Taxes Property Taxes, levied for general purpose $ 17,778,414 $ 19,950,734 $ 21,637,975 Property Taxes, levied for sheriff services 9,040,940 9,671,418 12,890,168 Property Taxes, levied for bonded debt 2,861,706 2,912,525 2,824,853 Transient room tax 2,967,211 3,004,567 3,048,662 Unrestricted grants and contributions 1,106,469 - - Investment earnings 1,415,598 1,144,302 1,758,483 interfund gain (loss) on transfer of capital assets - - 671 Gain (loss) on sale of capital assets - 4,817,833 (22,183) Transfers (396,742) (294,227) (682,685) Total governmental activities 34,773,596 41,207,152 41,455,944 Business -type activities: Taxes Property Taxes, levied for bonded debt 1,952,415 1,844,947 1,904,154 Investment earnings 321,822 229,703 427,756 Interfund gain (loss) on transfer of capital assets - - (671) Gain (loss) on sale of capital assets - - (45,016) Miscellaneous 2,350,656 - - Transfers 396,742 294,227 682,685 Total business -type activities 5,021,635 2,368,877 2,968,908 Total primary government $ 39,795,231 $ 43,576,029 $ 44,424,852 Change In Net Assets Governmental activities $ 7,510,326 $ 14,834,420 $ 15,302,696 Business -type activities 4,597,997 3,329,336 2,554,995 Total primary government $$ 12 $$ 18s $$ 17 -226- DESCHUTES COUNTY, OREGON PROGRAM REVENUES BY FUNCTION/PROGRAM LAST THREE FISCAL YEARS (accrual basis of accounting) (dollars in thousands) Function/Program Governmental activities: General government General services Public protection County roads Health and welfare Education Interest on long-term debt Subtotal governmental activities Business -type actvities: Solid waste Fair & expo center Subtotal business -type activities Total primary government -227- Program Revenues 2003 2004 2005 $ - $ 39 $ 9 14,150 17,005 20,735 9,365 9,540 8,789 11,752 12,133 13,212 17,713 16,383 18,975 1,106 1,143 1,150 54,086 56,243 62,870 6,008 6,667 7,102 1,760 1,710 1,981 7,768 8,377 9,083 $ 61,854 $ 64,620 $ 71,953 DESCHUTES COUNTY, OREGON FUND BALANCES, GOVERNMENTAL FUNDS LAST THREE FISCAL YEARS (modified accrual basis of accounting) General Fund Reserved Unreserved Total General Fund All Other Governmental Funds Reserved Unreserved, reported in: Special revenue funds Capital projects funds Debt service funds Total all other governmental funds -228- Fiscal Year 2003 2004 2005 4,749,789 5,114,327 5,669,705 $ 4,749,789 $ 5,114,327 $ 5,669,705 $ 652,289 $ 761,961 $ 766,609 22,893,463 27,280,233 34,811,350 24,875,640 10,832,184 9,028,200 2,841,323 1,843,771 1,638,674 $ 51,262,715 $ 40,718,149 $ 46,244,833 DESCHUTES COUNTY, OREGON CHANGES IN FUND BALANCES, GOVERNMENTAL FUNDS LAST THREE FISCAL YEARS (modified accrual basis of accounting) Expenditures General government 764,931 Fiscal Year 566,691 General services 2003 2004 2005 Revenues 29,026,478 32,938,286 35,177,676 Taxes $ 32,618,617 $ 35,614,972 $ 40,410,761 Licenses and permits 439,384 515,516 539,345 Fines, forfeitures and penalties 1,336,903 1,206,561 1,331,035 Interest and rents 1,570,165 1,651,061 2,880,051 Intergovernmental 38,761,879 38,961,949 41,342,653 Charges for services 15,794,704 18,375,722 19,850,930 Other 1,674,880 1,043,269 3,128,943 Total revenues 92,196,532 97,369,050 109,483,718 Expenditures General government 764,931 502,021 566,691 General services 16,448,523 22,225,705 16,425,821 Public protection 29,026,478 32,938,286 35,177,676 County roads 9,998,658 9,654,024 11,190,724 Health and welfare 22,759,749 21,552,352 23,252,183 Education 1,106,637 1,143,468 1,151,264 Debt service Principal 2,889,026 4,259,579 3,809,705 Interest 2,108,443 3,442,499 3,340,049 Trustee fees - - 7,685 Debt issuance costs - - 130,918 Capital outlay 10,505,046 20,545,960 11,862,923 Total expenditures 95,607,491 116,263,894 106,915,639 Excess of revenues over (under) expenditures (3,410,959) (18,894,844) 2,568,079 Other Financing Sources (Uses) Transfers in 15,513,525 17,023,022 18,488,400 Transfers out (15,838,130) (17,428,174) (19,183,564) Loan proceeds 27,719,411 7,088,508 3,876,382 Refunding proceeds - - 1,793,514 Payments to escrow agent - - (1,953,354) Proceeds of sale of assets 564,945 2,321,725 492,602 Total other financing sources (uses) 27,959,751 9,005,081 3,513,980 Net change in fund balances $ 24,548,792 $ (9,889,763) $ 6,082,059 Debt service as a percentage of noncapital expenditures 6.2% 8.4% 8.0% -229- DESCHUTES COUNTY, OREGON ASSESSED VALUE AND ESTIMATED VALUE OF TAXABLE PROPERTY LAST TEN FISCAL YEARS (in thousands of dollars) Real Property Personal Property Manufactured Homes Fiscal Year Assessed Estimated Assessed Estimated Assessed Estimated Ended June 30, Value Actual Value Value Actual Value Value Actual Value 1996 6,632,705 6,632,705 161,816 161,816 52,501 52,501 1997 7,278,547 7,278,547 175,101 175,101 56,394 56,394 1998 6,556,553 7,814,494 192,301 199,617 52,375 61,023 1999 6,907,243 8,420,905 202,600 204,874 55,422 64,660 2000 7,528,325 9,452,053 228,798 230,424 61,738 69,871 2001 8,231,343 10,543,865 252,161 253,257 67,481 77,596 2002 8,953,574 12,016,020 277,972 278,404 71,493 78,095 2003 9,685,677 13,585,512 289,037 289,240 71,257 76,685 2004 10,484,956 15,192,941 289,950 289,962 72,507 80,448 2005 11,497,220 16,890,285 308,985 308,999 73,771 82,344 Sources: Deschutes County Assessors Department and Oregon Department of Revenue (a) includes tax-exempt property Continued -230- DESCHUTES COUNTY, OREGON ASSESSED VALUE AND ESTIMATED VALUE OF TAXABLE PROPERTY -231- LAST TEN FISCAL YEARS (in thousands of dollars) Public Utilities Exem tions Total Estimated Assessed Taxable Actual Value(.)as a Assessed Estimated Assessed Assessed Taxable Total Direct Percentage Value Actual Value Value Value Value Tax Rate of Estimated 242,975 242,975 6,717 7,083,280 7,089,997 3.8396 100.000% 230,778 230,778 6,800 7,734,020 7,740,820 4.2087 100.000% 240,338 242,982 7,931 7,033,636 8,318,116 4.9996 84.653% 234,813 246,645 9,138 7,390,940 8,937,084 4.6073 82.802% 271,998 278,491 10,344 8,080,515 10,030,839 4.6392 80.660% 272,699 300,509 11,111 8,812,573 11,175,227 5.0535 78.958% 315,922 332,186 12,958 9,606,003 12,704,705 5.1485 75.712% 325,968 335,247 14,017 10,357,922 14,286,684 8.5285 72.599% 327,493 330,462 15,452 11,159,454 15,893,813 8.0244 70.310% 348,827 351,843 16,242 12,212,561 17,633,471 8.5015 69.350% -231- DESCHUTES COUNTY, OREGON DIRECT AND OVERLAPPING PROPERTY TAX RATES LAST TEN FISCAL YEARS (rate per $1,000 of assessed value) County direct rates General Sheriff (County) Jail Bond Sheriff (incorporated) Fairgrounds Bond Bend Library Bond Redmond Library Bond Sunriver Library Bond County Extension/41-1 CSD 911 CSD 911 Local Option Black Butte Ranch CSD Sunriver Service District Total direct rate City and town rates Bend Redmond Sisters Bend Gap Bond Bend Urban Renewal Special Levy City of Redmond Bond Sunriver Service District Redmond Downtown Urban Renewal Levy Redmond Airport Urban Renewal Levy Library district rates Fire district rates Parks and recreation district rates School district rates Road district rates Other special district rates Year Taxes are Payable 1996 1997 1998 1999 2000 1.2876 1.3800 1.2729 1.1329 1.1669 0.8685 0.7931 1.1592 1.1200 1.1200 0.5310 0.4891 0.8220 0.7800 0.7800 - 0.1358 0.1982 0.1741 0.1350 - 0.1401 0.1556 0.1338 0.1147 - 0.1067 0.1105 0.0976 0.0885 0.0214 0.0208 0.0235 0.0209 0.0224 0.1584 0.1541 0.1696 0.1509 0.1618 0.9727 0.9890 1.0881 0.9971 1.0499 3.8396 4.2087 4.9996 4.6073 4.6392 2.7443 2.6379 2.6647 2.6482 2.6688 6.4348 6.2372 6.1647 7.4055 7.1484 2.6893 2.7817 2.7167 2.5371 2.6374 - - 0.1665 0.1594 0.1135 - - - 0.1490 0.1247 - - - 0.5811 0.5967 - - - 0.5500 0.5500 .1347-1.9012 1.0595-2.3589 .0933-2.7276 .0933-2.7296 .0933-2.7291 .4238-1.5446 .3944-1.4388 .3831-1.5186 .3349-1.3850 .2174-1.4518 .0143-9.9153 .1409-9.7402 .1009-5.0265 .0119-5.1734 .09645.0492 .2407-1.9043 .2190-3.3687 .2514-3.1952 .2514-4.2147 .2296-4.2147 .1396-0.2951 .1231-.02655 .1322-0.3079 .1323-0.3078 .1323-0.3078 Sources: Deschutes County Assessor's Office and Deschutes County Finance Department. Continued -232- DESCHUTES COUNTY, OREGON DIRECT AND OVERLAPPING PROPERTY TAX RATES LAST TEN FISCAL YEARS (rate per $1,000 of assessed value) _ Year Taxes are Payable 2001 2002 2003 2004 2005 1.2000 1.2783 1.2783 1.2783 1.2783 1.1200 1.1200 1.1200 1.1200 1.6000 0.2114 0.2111 0.1913 0.1780 0.1659 0.7800 0.7800 0.7800 0.7800 0.8200 0.1810 0.2031 0.1847 0.1702 0.1617 0.1371 0.1332 0.1182 0.1189 0.0925 0.1087 0.1040 0.0949 0.0916 0.0782 0.0812 0.0847 0.0770 0.0733 0.0708 0.0224 0.0224 0.0224 0.0224 0.0224 0.1618 0.1618 0.1618 0.1618 0.1618 - - - 0.0900 0.0900 1.0499 1.0499 1.0499 1.0499 1.0499 - - 3.4500 2.8900 2.9100 5.0535 5.1485 8.5285 8.0244 8.5015 2.7898 2.8035 2.8035 2.8035 2.8035 7.0529 6.9987 6.1643 6.0643 6.0643 2.6417 2.6417 2.6417 2.6417 2.6417 0.1460 0.1744 0.1919 0.2045 0.2358 - - 0.8230 0.1776 0.1439 - - 3.4500 2.8900 2.9100 0.5197 0.5979 0.5794 0.6500 0.4718 0.2514 0.2476 0.2529 0.2848 - 0.5500 0.5500 0.5500 0.5500 0.5500 .0933-2.7307 .4328-2.7317 .2605-2.7317 .2295-2.7317 .2267-2.7317 .2190-1.4610 .2200-1.4610 .2200-1.4610 .2200-1.4610 .2200-1.4610 .0964-5.0251 .0964-5.0251 .0964-5.0251 .1543-5.0251 .0964-5.0251 .2210-4.2147 .4033-4.2147 .3737-4.2147 .4430-3.6500 .3457-3.6500 .1323-0.2807 .2895-0.3717 .1323-0.2895 0.2895 0.2895 -233- DESCHUTES COUNTY, OREGON PRINCIPAL PROPERTY TAX PAYERS CURRENT YEAR AND 9 YEARS AGO Total $ 439,689,286 Source: Deschutes County Assessor's Department 2005 Rank 1 2 3 4 5 6 7 8 9 10 Percentage of Total County Taxable Assessed Value 1996 Percentage of Total County Taxable Taxable Assessed Assessed Value Rank Value 0.82% Taxable Assessed Taxpaver Value Qwest Corporation $ 100,061,100 PG & E Gas Transmission NW 76,547,101 Pacificorp 42,421,000 High Desert Development Company LLC 39,334,527 Eagle Crest Inc 38,353,238 Cascade Natural Gas Corporation 32,122,580 Sunriver Resort Limited Partnership 32,984,210 Mt. Bachelor Inc. 34,127,074 Bend Millwork Systems Inc. 22,037,480 Deschutes Brewery Inc. 21,700,976 US West Communications Inc. - Concord Equity Multiplier - Willamette Industries Inc. - Brooks Resource Corp. - Joseph Pell - Eagle Crest Partners Ltd - Total $ 439,689,286 Source: Deschutes County Assessor's Department 2005 Rank 1 2 3 4 5 6 7 8 9 10 Percentage of Total County Taxable Assessed Value 1996 Percentage of Total County Taxable Taxable Assessed Assessed Value Rank Value 0.82% $ - - 0.63% 51,186,387 1 0.72% 0.35% 43,066,400 3 0.61% 0.32% 0.31% - - 0.26% 13,233,754 8 0.19% 0.27% 20,782,515 5 0.29% 0.28% - - 0.18% 0.00% 0.18% - - - 49,577,730 2 0.70% - 20,818,485 4 0.29% - 19,438,750 6 0.27% - 19,788,745 7 0.28% - 12,779,590 9 0.18% - 15,445,075 10 0.22% 3.60% $ 266,117,431 3.75% -234- DESCHUTES COUNTY, OREGON PROPERTY TAX LEVIES AND COLLECTIONS LAST TEN FISCAL YEARS (amounts expressed in thousands) ' Net of discounts and adjustments. -235- Collections in Subsequent Years 809 923 1,105 1,076 909 986 985 876 686 Total Collections to Date Amount 15,410 17,567 21,511 25,546 22,509 24,309 27,875 31,487 34,098 39,718 Percentage of Levy 99.994% 100.000% 99.995% 99.992% 99.982% 99.955% 99.828% 99.504% 99.099% 97.537% Collected within the Fiscal Year Fiscal Year Taxes Levied of the Levy Ended June for the Fiscal Percentage of 30, Year' Amount Levy 1996 15,411 14,601 94.744% 1997 17,567 16,644 94.746% 1998 21,512 20,406 94.859% 1999 25,548 24,470 95.780% 2000 22,513 21,600 95.945% 2001 24,320 23,323 95.900% 2002 27,923 26,890 96.301% 2003 31,644 30,611 96.736% 2004 34,408 33,412 97.105% 2005 40,721 39,718 97.537% ' Net of discounts and adjustments. -235- Collections in Subsequent Years 809 923 1,105 1,076 909 986 985 876 686 Total Collections to Date Amount 15,410 17,567 21,511 25,546 22,509 24,309 27,875 31,487 34,098 39,718 Percentage of Levy 99.994% 100.000% 99.995% 99.992% 99.982% 99.955% 99.828% 99.504% 99.099% 97.537% DESCHUTES COUNTY, OREGON RATIOS OF OUTSTANDING DEBT BY TYPE LAST TEN FISCAL YEARS (dollars in thousands, except per capita) See Schedule 14 for personal income and population data. n/a - Not available. Continued -236- Governmental Activities General Limited Special Certificates Full Faith Fiscal Obligation Tax Assessment of and Credit Capital Year Bonds Bonds Bonds Participation Obligations Leases Loans 1996 $ 33,087 $ 1,040 $ - $ 5,515 $ - $ - $ - 1997 33,557 945 - 5,355 - - - 1998 32,612 840 - 5,180 - - - 1999 31,862 735 - 12,645 - - - 2000 30,610 625 1,291 12,265 2001 29,266 505 1,255 11,685 - 683 - 2002 27,815 5,790 1,180 11,075 - 767 1,461 2003 26,531 5,615 1,100 10,435 27,505 526 838 2004 25,219 5,396 347 9,760 33,974 342 802 2005 23,264 5,370 286 7,360 38,714 43 400 See Schedule 14 for personal income and population data. n/a - Not available. Continued -236- DESCHUTES COUNTY, OREGON RATIOS OF OUTSTANDING DEBT BY TYPE LAST TEN FISCAL YEARS (dollars in thousands, except per capita) Business-Tvoe Activities General Full Faith of Personal Obligation and Credit Capita' Bonds Obligations Loans 636.10 2.40% 599.39 25,395 - - 25,395 - - 25,145 - - 24,770 - - 24,300 - - 23,750 - 550 24,050 6,190 538 23,190 6,190 525 22,230 8,853 513 Total Primary Government 39,642 65,252 64,027 70,387 69,561 67,694 72,388 103,328 105,745 107,033 -237- Percentage of Personal Per Income' Capita' 1.76% 398.97 2.69% 636.10 2.40% 599.39 2.45% 628.83 2.22% 596.61 2.01% 560.61 2.04% 576.49 2.86% 791.79 n/a 780.69 n/a n/a DESCHUTES COUNTY, OREGON RATIOS OF GENERAL BONDED DEBT OUTSTANDING LAST TEN FISCAL YEARS (dollars in thousands, except per capita) ' See Schedule 5 for property value data. 2 Population data can be found in Schedule 14. n/a - Not available. -238- General Bonded Debt Outstanding Percentage of General Actual Taxable Fiscal Obligation Value' of Per Year Bonds Property Capital 1996 $ 33,087 0.47% 332.99 1997 58,952 0.76% 574.69 1998 58,007 0.70% 543.04 1999 57,007 0.64% 509.30 2000 55,380 0.55% 474.98 2001 53,566 0.48% 443.61 2002 51,565 0.41% 410.66 2003 50,581 0.35% 387.59 2004 48,409 0.30% 357.39 2005 45,494 0.26% n/a ' See Schedule 5 for property value data. 2 Population data can be found in Schedule 14. n/a - Not available. -238- DESCHUTES COUNTY, OREGON DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT AS OF JUNE 30, 2005 (dollars in thousands) Estimated Estimated Share of Debt Percentage Overlapping Governmental Unit Outstanding Applicable Debt Debt repaid with property taxes Bend Library Service District $ 6,080 100.0000% $ 6,080 Black Butte Ranch RFPD 451 100.0000% 451 Central Oregon Community College 6,140 83.7837% 5,144 City of Bend - 0.0000% - City of Redmond 2,134 100.0000% 2,134 Deschutes County School District 1 (Bend -La Pine) 40,820 100.0000% 40,820 Deschutes County School District 2 (Redmond) 48,793 93.5638% 45,653 Deschutes County School District 6 (Sisters) 24,650 99.9572% 24,639 La Pine RFPD 1,370 98.5540% 1,350 La Pine Special Sewer District 253 100.0000% 253 Redmond Library District 704 100.0000% 704 Sunriver Library District 760 100.0000% 760 Subtotal, overlapping debt 127,988 Deschutes County direct debt 74,994 Total direct and overlapping debt $ 202,982 Sources: Oregon State Treasury, Debt Management Information System Note: Overlapping governments are those that coincide, at least in part, with the geographic boundaries of the county. This schedule estimates the portion of the outstanding debt of those overlapping governments that is borne by the residents and businesses of Deschutes County. This process recognizes that, when considering the county's ability to issue and repay long-term debt, the entire debt burden borne by the residents and businesses should be taken into account. However, this does not imply that every taxpayer is a resident, and therefore responsible for repaying the debt, of each overlapping government. Net property tax backed debt was used as the Debt Outstanding which is derived from the gross property backed debt less self-supporting unlimited general obligations and self supporting limited tax general obligation debt. -239- DESCHUTES COUNTY, OREGON LEGAL DEBT MARGIN INFORMATION LAST TEN FISCAL YEARS (dollars in thousands) Legal Debt Margin Calculation for Fiscal Year 2005 Estimated Actual Value $17,633,471 Debt limit (2% of estimated actual value)352,669 Debt applicable to limit: General obligation bonds 45,949 Total net debt applicable to limit Legal debt margin Debt Limit (2%)' Total net debt applicable to limit Legal debt margin Total net debt applicable to the limit as a percentage of debt limit $ 306,720 Fiscal Year 1996 1997 1998 1999 2000 $ 141,800 $ 154,816 $ 166,362 $ 178,742 $ 200,617 33,087 58,952 58,007 57,007 55,380 $ 108,713 $ 95,864 $ 108,355 $ 121,735 $ 145,237 Debt Limit (1%) 2 $ 70,900 $ 77,408 $ 83,181 $ 89,371 $ 100,308 Total net debt applicable to limit 1,040 945 840 735 1,916 Legal debt margin $ 69,860 $ 76,463 $ 82,341 $ 88,636 $ 98,392 Total net debt applicable to the limit as a percentage of debt limit ' ORS 287.054 provides: "The aggregate amount of general obligation bonded indebtedness of counties shall not at any time exceed two percent of the real market value of all taxable property in the county." 2 ORS 287.053 provides: "A county shall not have at any one time outstanding limited tax bonded indebtedness in a principal amount that exceeds one percent of the real market value of all taxable property within the county." Continued -240- DESCHUTES COUNTY, OREGON LEGAL DEBT MARGIN INFORMATION LAST TEN FISCAL YEARS (dollars in thousands) Legal Debt Margin Calculation for Fiscal Year 2005 Estimated Actual Value $17,633,471 Debt limit (1% of estimated actual value) 2 176,335 Debt applicable to limit: Limited tax bonds 53,223 Less: Amount set aside 190 for repayment of debt Total net debt applicable to limit 53,033 Legal debt margin $ 123,302 Fiscal Year 2001 2002 2003 2004 2005 $ 223,505 $ 254,094 $ 285,734 $ 317,876 $ 352,669 53,566 51,565 50,581 48,409 45,949 $ 169,939 $ 202,529 $ 235,153 $ 269,467 $ 306,720 $ 111,752 $ 127,047 $ 142,867 $ 158,938 $ 176,335 1,760 6,970 40,410 45,842 53,033 $ 109,992 $ 120,077 $ 102,457 $ 113,096 $ 123,302 -241- DESCHUTES COUNTY, OREGON PLEDGED -REVENUE COVERAGE LAST TEN FISCAL YEARS (dollars in thousands) Full Faith and Credit Obligations - Series 2003 Full Faith and Credit Obligations - Series 2005 Special Special Fiscal Assessment Debt Service Assessment Debt Service Year Collections Principal Interest Coverage Collections Principal Interest Coverage 1996 - - - - - - - 1997 - - - - - - - 1998 - - - - - - - - 1999 - - - - - - - - 2000 - - - - - - - 2001 - - - - - - - - 2002 - - - - - - - 2003 242 - - - - - - 2004 482 621 52 0.72 - - - - 2005 300 303 30 0.90 81 - - - Note: Details regarding the County's outstanding debt can be found in the notes to the financial statements. Continued -242- Limited Tax Bonds - Series 1992 Limited Tax Bonds - Series 1996 Special Special Fiscal Assessment Debt Service Assessment Debt Service Year Collections Principal Interest Coverage Collections Principal Interest Coverage 1996 82 40 21 1.35 12 - - - 1997 56 40 19 0.95 212 55 35 2.35 1998 41 45 17 0.66 207 60 30 2.30 1999 25 45 15 0.42 179 60 27 2.06 2000 24 45 13 0.41 66 65 25 0.73 2001 12 50 11 0.20 59 70 22 0.64 2002 6 55 8 0.10 44 70 18 0.50 2003 5 100 5 0.05 31 75 15 0.34 2004 - - - - 10 205 5 0.05 2005 - - - - - - - - Full Faith and Credit Obligations - Series 2003 Full Faith and Credit Obligations - Series 2005 Special Special Fiscal Assessment Debt Service Assessment Debt Service Year Collections Principal Interest Coverage Collections Principal Interest Coverage 1996 - - - - - - - 1997 - - - - - - - 1998 - - - - - - - - 1999 - - - - - - - - 2000 - - - - - - - 2001 - - - - - - - - 2002 - - - - - - - 2003 242 - - - - - - 2004 482 621 52 0.72 - - - - 2005 300 303 30 0.90 81 - - - Note: Details regarding the County's outstanding debt can be found in the notes to the financial statements. Continued -242- DESCHUTES COUNTY, OREGON PLEDGED -REVENUE COVERAGE LAST TEN FISCAL YEARS (dollars in thousands) Special Assessment Bonds - Series 2000 Special Assessment Debt Service Collections Principal Interest Coverage 257 284 36 88 2.29 294 75 71 2.01 203 80 67 1.38 129 753 44 0.16 75 61 19 0.94 -243- DESCHUTES COUNTY, OREGON DEMOGRAPHIC AND ECONOMIC STATISTICS LAST TEN CALENDAR YEARS Note: Population information are Census Bureau midyear population estimates. Estimates for 2000-2004 reflect county population estimates available as of March 2005. Median age figures for 2001-2004 based on mid -year data tables. School enrollment is based on the census at the start of the school year. Unemployment rate information, reported as an annual average, is not seasonally adjusted. Unemployment rate for 2005 is an average of January through July 2005. n/a - Not available. -244- Personal Per Income Capita (thousands Personal Median School Unemployment Year Population of dollars) Income Age Enrollment Rate 1996 99,362 2,257,055 22,715 n/a 17,652 8.5% 1997 102,581 2,424,296 23,633 n/a 18,052 8.0% 1998 106,820 2,664,935 24,948 n/a 18,125 7.2% 1999 111,933 2,869,502 25,636 n/a 18,983 6.4% 2000 116,594 3,139,720 26,929 n/a 19,603 5.3% 2001 120,750 3,366,903 27,883 38.11 19,867 6.4% 2002 125,566 3,540,043 28,193 38.09 20,508 7.7% 2003 130,500 3,611,578 27,880 38.09 20,914 7.7% 2004 135,451 n/a n/a 38.08 21,342 6.8% 2005 n/a n/a n/a n/a 22,044 6.2% Sources: Population, personal income and per capita personal income information provided by the Bureau of Economic Analysis and Portland State University, Population Research Center. Median age based on data obtained from Portland State University. School enrollment provided by the Oregon Department of Education. Unemployment provided by Oregon Employment Department, Oregon Labor Market information System. Note: Population information are Census Bureau midyear population estimates. Estimates for 2000-2004 reflect county population estimates available as of March 2005. Median age figures for 2001-2004 based on mid -year data tables. School enrollment is based on the census at the start of the school year. Unemployment rate information, reported as an annual average, is not seasonally adjusted. Unemployment rate for 2005 is an average of January through July 2005. n/a - Not available. -244- DESCHUTES COUNTY, OREGON PRINCIPAL EMPLOYERS CURRENT YEAR AND 9 YEARS AGO Sources: Economic Development for Central Oregon, Oregon Department of Education, Deschutes County Finance Department, Redmond School District, St. Charles Medical Center. n/a - Not available. -245- 2005 1996 Percentage Percentage of Total County of Total County Employer Employees Rank Employment Employees Rank Employment St. Charles Medical Center 2,337 1 3.20% n/a n/a n/a Bend/La Pine School District 1,130 2 1.55% n/a n/a n/a Sunriver Resort 870 3 1.19% n/a n/a n/a Mt. Bachelor 750 4 1.03% n/a n/a n/a Deschutes County 721 5 0.99% n/a n/a n/a T -Mobile 674 6 0.92% n/a n/a n/a Beaver Motor Coaches 654 7 0.90% n/a n/a n/a iSKY 625 8 0.86% n/a n/a n/a Redmond School District 623 9 0.85% n/a n/a n/a JELD-WEN Windows & Doors 521 10 0.71% n/a n/a n/a 8,905 12.21% - - Sources: Economic Development for Central Oregon, Oregon Department of Education, Deschutes County Finance Department, Redmond School District, St. Charles Medical Center. n/a - Not available. -245- DESCHUTES COUNTY, OREGON FULL-TIME EQUIVALENT COUNTY GOVERNMENT EMPLOYEES BY FUNCTION/PROGRAM LAST THREE FISCAL YEARS Function/Prosaram General government Executive General services Judicial Financial Assessment Community development Internal Support Services Building Services Information Technology Other Public protection Law enforcement Corrections Protective inspection Public Works Streets & highways Sanitation Health & Welfare Health Welfare Recreation & culture Fair & expo center Other Economic development Total Source: Deschutes County Finance Department. -246- Full-time Equivalent Employees as of June 30, 2003 2004 2005 8.15 8.15 8.00 42.40 43.10 47.00 36.78 37.78 39.18 29.75 30.75 33.25 30.05 29.15 29.15 20.25 20.25 20.50 16.41 15.41 14.84 10.66 10.51 12.33 98.35 101.68 101.68 145.95 147.45 153.30 27.10 27.35 29.35 57.00 57.00 57.00 21.00 23.00 23.00 51.73 50.55 49.45 90.99 89.49 89.85 14.00 14.00 13.00 0.65 0.65 0.55 701.22 706.27 721.43 DESCHUTES COUNTY, OREGON OPERATING INDICATORS BY FUNCTION/PROGRAM LAST THREE FISCAL YEARS Fiscal Year 2003 2004 2005 Function/Procram Police Physical arrests 1,586 1,386 1,653 Traffic Violations Citations issued 3,592 6,384 6,894 Warnings 5,273 4,521 6,109 Calls for service 25,300 27,041 27,269 Traffic stops 8,771 9,797 11,701 Solid waste Solid waste collected (tons) 176,655 202,040 207,225 Average annual per capita waste generation (pounds) 2,793 2,790 2,904 Recyclables collected (tons) 46,857 46,857 54,225 Road Street resurfacing (miles) 10.10 miles 26.89 miles 22.41 miles 911 emergency services Emergency calls 65,000 63,500 63,994 Police officer initiated calls 209,737 226,471 232,700 Fire department initiated calls 14,253 15,324 16,603 -247- DESCHUTES COUNTY, OREGON CAPITAL ASSET STATISTICS BY FUNCTION/PROGRAM LAST THREE FISCAL YEARS Function/Prooram Police Stations Adult correctional facilities Special services complex Road Streets (miles) Streetlights Flashing lights Signals -248- Fiscal Year 2003 2004 2005 4 4 4 1 1 1 1 1 1 992 998 1004 4 4 4 6 6 6 1 2 2 AUDIT COMMENTS AND DISCLOSURES REQUIRED BY STATE REGULATIONS This page intentionally left blank. AUDIT COMMENTS AND DISCLOSURES REQUIRED BY STATE REGULATIONS Internal Control We have audited the financial statements of Deschutes County, Oregon, as of and for the year ended June 30, 2005, and have issued our independent auditors' report thereon dated September 29, 2005. In planning and performing our audit, we considered Deschutes County's internal control over financial reporting in order to determine our auditing procedures for the purpose of expressing our opinions on the financial statements and not to provide assurance on the internal control over financial reporting. Our consideration of the internal control over financial reporting would not necessarily disclose all matters in the internal control over financial reporting that might be material weaknesses. A material weakness is a condition in which the design or operation of one or more of the internal control components does not reduce to a relatively low level the risk that misstatements in amounts that would be material in relation to the financial statements being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. We noted no matters involving the internal control over financial reporting and its operation that we consider to be material weaknesses. We noted other matters regarding internal control which have been communicated to management in a separate letter dated September 29, 2005. Accounting Records We found the condition of the accounting records adequate for audit purposes. Collateral Security Cash and investments were adequately secured during the year. Legal Debt Limitation The County has not exceeded its legal debt limitation. Budget We have reviewed procedures for preparation, adoption and execution of the budget for the year ended June 30, 2005, and we have reviewed the preparation and adoption of the budget for the year beginning July 1, 2005. All budgetary procedures were found to be in substantial compliance with statutory requirements -251- AUDIT COMMENTS AND DISCLOSURES REQUIRED BY STATE REGULATIONS For the year ended June 30, 2005, expenditures exceed appropriations by category as follows: Personnel Fund Solid Waste Operations Materials & Services Amount $ 2,053 Fund Community Development $ 2,648 Insurance Coverage and Fidelity Bonds in Force Insurance coverage and fidelity bonds were reviewed and found to be in compliance with statutory requirements at year-end. Programs Funded From Outside Sources/Financial Reporting Requirements All material programs funded from outside sources were reviewed and found to be in substantial compliance with appropriate laws, rules and regulations governing those programs. Reports filed with grantor agencies were agreed to the County's records, and we found the County to be in substantial compliance with program requirements. See the Single Audit Compliance section of this report. Investments Investments were reviewed and found to be in compliance with statutory requirements. Public Contracts and Purchasing We reviewed the County's procedures for awarding public contracts and construction of public improvements and found them to be in compliance with statutory requirements. Highway Funds Taxes on fuel and motor vehicle use were reviewed and found to be used in compliance with constitutional and statutory requirements. This report is intended solely for the information and use of management, the board of commissioners and the Oregon Secretary of State and is not intended to be and should not be used by anyone other than these specified parties. -252- AUDIT COMMENTS AND DISCLOSURES REQUIRED BY STATE REGULATIONS HARRIGAN PRICE FRONK & CO. LLP Certified Public Accountants & Consultants By: C ndace S. Fronk - a Ilartner September 29, 2005 -253- SINGLE AUDIT COMPLIANCE This page intentionally left blank. REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS Board of Commissioners Deschutes County, Oregon We have audited the financial statements of the governmental activities, the business -type activities, each major fund, and the aggregate remaining fund information of Deschutes County, Oregon, as of and for the year ended June 30, 2005, which collectively comprise Deschutes County's basic financial statements and have issued our report thereon dated September 29, 2005. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Internal Control over Financial Reporting In planning and performing our audit, we considered Deschutes County's internal control over financial reporting in order to determine our auditing procedures for the purpose of expressing our opinion on the financial statements and not to provide an opinion on the internal control over financial reporting. Our consideration of the internal control over financial reporting would not necessarily disclose all matters in the internal control that might be material weaknesses. A material weakness is a reportable condition in which the design or operation of one or more of the internal control components does not reduce to a relatively low level the risk that misstatements caused by error or fraud in amounts that would be material in relation to the financial statements being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. We noted no matters involving the internal control over financial reporting and its operation that we consider to be material weaknesses. Compliance and Other Matters As part of obtaining reasonable assurance about whether Deschutes County's financial statements are free of material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts and grant agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. -257- REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS — CONTINUED This report is intended solely for the information and use of the audit committee, management, federal awarding agencies, and state pass-through entities and is not intended to be and should not be used by anyone other than these specified parties. HARRIGAN PRICE FRONK & CO. LLP By:e� Candace S. Fronk — a artner September 29, 2005 -258- REPORT ON COMPLIANCE WITH REQUIREMENTS APPLICABLE TO EACH MAJOR PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE IN ACCORDANCE WITH OMB CIRCULAR A-133 Board of Commissioners Deschutes County, Oregon Compliance We have audited the compliance of Deschutes County, Oregon, with the types of compliance requirements described in the U.S. Office of Management and Budget (OMB) Circular A- 133 Compliance Supplement that are applicable to each of its major federal programs for the year ended June 30, 2005. Deschutes County's major federal programs are identified in the summary of auditor's results sections of the accompanying schedule of findings and questioned costs. Compliance with the requirements of laws, regulations, contracts, and grants applicable to each of its major federal programs is the responsibility of Deschutes County's management. Our responsibility is to express an opinion on Deschutes County's compliance based on our audit. We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and OMB Circular A-133, Audits of States, Local Governments, and Non -Profit Organizations. Those standards and OMB Circular A-133 require that we plan and perform the audit to obtain reasonable assurance about whether noncompliance with the types of compliance requirements referred to above that could have a direct and material effect on a major federal program occurred. An audit includes examining, on a test basis, evidence about Deschutes County's compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion. Our audit does not provide a legal determination of Deschutes County's compliance with those requirements. In our opinion, Deschutes County, Oregon, complied, in all material respects, with the requirements referred to above that are applicable to each of its major federal programs for the year ended June 30, 2005. Internal Control Over Compliance The management of Deschutes County, Oregon, is responsible for establishing and maintaining effective internal control over compliance with the requirements of laws, regulations, contracts, and grants applicable to federal programs. In planning and performing our audit, we considered Deschutes County's internal control over compliance with requirements that could have a direct and material effect on a major federal program in order to determine our auditing procedures for the purpose of -259- REPORT ON COMPLIANCE WITH REQUIREMENTS APPLICABLE TO EACH MAJOR PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE IN ACCORDANCE WITH OMB CIRCULAR A-133 — CONTINUED expressing our opinion on compliance and to test and report on the internal control over compliance in accordance with OMB Circular A-133. Our consideration of the internal control over compliance would not necessarily disclose all matters in the internal control that might be material weaknesses. A material weakness is a reportable condition in which the design or operation of one or more of the internal control components does not reduce to a relatively low level the risk that noncompliance with applicable requirements of laws, regulations, contracts, and grants caused by error or fraud that would be material in relation to a major federal program being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. We noted no matters involving the internal control over compliance and its operation that we consider to be material weaknesses. This report is intended solely for the information and use of the audit committee, management, and federal awarding agencies and pass-through entities and is not intended to be and should not be used by anyone other than these specified parties. HARRIGAN PRICE FRONK & CO. LLP By: c ndace S. Fronk — a partner September 29, 2005 DESCHUTES COUNTY, OREGON SCHEDULE OF FINDINGS AND QUESTIONED COSTS FOR THE YEAR ENDED JUNE 30, 2005 Section I — Summary of Auditor's Results Financial Statements Type of auditors' report issued: Unqualified Internal Control over financial reporting: • Material weakness(es) identified? yes X no • Reportable condition(s) identified that are not considered to be material weakness(es)? yes X none reported Noncompliance material to financial statements noted? yes X no Federal Awards Internal control over major programs: • Material weakness(es) identified? yes X no • Reportable condition(s) identified that are not considered to be material weakness(es)? yes X none reported Type of auditors' report issued on compliance for major programs: Unqualified Any audit findings disclosed that are required to be reported in accordance with section 510(a) of Circular A-133? yes X no Identification of major programs: CFDA Number(s) Name of Federal Program or Cluster 10.665 Schools and Roads Grants to States 96.283 Center for Disease Control and Prevention: Investigations and Technical Assistance Dollar threshold used to distinguish between type A and type B programs: $ 300,000 Auditee qualified as low-risk auditee? X yes no Section II — Financial Statement Findings No matters were reported Section III —Federal Award Findings and Questioned Costs No matters were reported. -261- This page intentionally left blank. DESCHUTES COUNTY, OREGON SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS FOR THE YEAR ENDED JUNE 30, 2005 GRANTOR AND PROGRAM TITLE U.S. Department of Agriculture Direct Programs Cooperative Forestry Assistance Cooperative Forestry Assistance Cooperative Forestry Assistance Cooperative Forestry Assistance Cooperative Forestry Assistance Pass Throuah Proarams State Department of Human Services Health Division Special Supplemental Nutrition Program for Women, Infants and Children (WIC) State Department of Administrative Services Schools and Roads: Grants to States State Department of Education School Breakfast Program National Lunch School Program Total Department of Agriculture U.S. Department of Housing and Urban Development Pass Throuah Programs State Housing and Community Services Department Community Development Block Grant/State's Program Community Development Block GrantlState's Program Total Department of Housing and Urban Development U.S. Department of the Interior Direct Proarams Payments in Lieu of Taxes Pass Through Proarams State Department of Administrative Services Non -Sale Disposals of Mineral Material Distribution of Receipts to State and Local Governments Total Department of the Interior U.S. Department of Justice FEDERAL CFDA FEDERAL NUMBER EXPENDITURE 10.664 $ 14,106 10.664 6,753 10.664 25,507 10.664 16,000 10.664 21,831 10.557 399,380 10.665 4,305,739 10.553 19,595 10.555 26,017 4,834,928 14.228 28,672 14.228 485,965 16.203 514,637 15.226 271,863 15.214 2,177 15.227 3,767 Bulletproof Vest Partnership Program 277,807 Direct Programs Sex Offender Management Discretionary Grant 16.203 115,281 Supervised Visitation: Safe Havens for Children 16.527 64,456 State Criminal Alien Assistance Program 16.606 10,393 Bulletproof Vest Partnership Program 16.607 10,734 Bulletproof Vest Partnership Program 16.607 365 Community Prosecution & Project Safe Neighborhoods 16.609 35,000 Drug Free Communities Support Program 16.729 81,250 Pass Through Programs Department of State Police Juvenile Accountability Incentive Block Grant 16.523 33,446 Byrne Formula Grant Program 16.579 137,500 State Department of Justice Crime Victim Assistance 16.575 17,512 Crime Victim Assistance 16.575 17,511 Total Department of Justice 523,448 -263- DESCHUTES COUNTY, OREGON SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS FOR THE YEAR ENDED JUNE 30, 2005 FEDERAL CFDA FEDERAL GRANTOR AND PROGRAM TITLE NUMBER EXPENDITURE U.S. Department of Transportation Pass Throuah Proarams Oregon State Sheriffs Association Safety Incentive Grants for Use of Seatbelts 20.604 6,379 Total Department of Transportation 6,379 General Services Administration Pass Through Programs State Department of General Administration Disposal of Federal Surplus Property 39.002 443 Total Department of General Administration 443 Environmental Protection Agency girect Surveys, Studies, Investigations & Special Purpose Grants 66.606 245,468 Pass Through Programs State Department of Human Services Health Division State Public Water System Supervision 66.432 1,830 Capitalization Grants for Drinking Water State Revolving Fund 66.468 55,200 State Department of Environmental Quality Superfund Innovative Technology Evaluation Program 66.807 55,239 Total Environmental Protection Agency 357,737 U.S. Department of Health and Human Services Direct Proarams Administration for Children and Families Mentoring Children of Prisoners 93.616 45,334 Pass Throuah Programs Secretary of State Voting Access for Individuals with Disabilities -Grants to States 93.617 3,902 State Department of Human Services Health Division Family Planning: Services 93.217 48,972 Immunization Grants 93.268 1,249 Immunization Grants (Noncash Assistance - Vaccine) 93.268 82,614 Center for Disease Control and Prevention: Investigations and Technical Assistance 93.283 491,815 HN Care Formula Grants 93.917 66,983 HIV Prevention Activities -Health Department Based 93.940 26,346 Maternal and Child Health Services Block Grant to States 93.994 93,354 State Commission on Children and Families Promoting Safe and Stable Families 93.556 35,594 Child Care and Development Block Grant 93.575 53,394 Social Services Block Grant 93.667 175,533 Medical Assistance Program 93.778 238,390 State Department of Human Services Mental Health Division Projects for Assistance in Transition from Homelessness (PATH) 93.150 34,500 Temporary Assistance for Needy Families 93.558 16,328 Block Grants for Community Mental Health Services 93.958 163,711 Block Grants for Prevention and Treatment of Substance Abuse 93.959 192,315 Total Department of Health and Human Services 1,770,334 -264- DESCHUTES COUNTY, OREGON SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS FOR THE YEAR ENDED JUNE 30, 2005 GRANTOR AND PROGRAM TITLE Department of Homeland Security Pass Through Programs Department of State Police Emergency Management Performance Grants Total Department of Homeland Security Total Federal Assistance -265- FEDERAL CFDA FEDERAL NUMBER EXPENDITURE 97.042 34,837 34,837 $ 8,320,550 This page Intentionally left blank.