The URL can be used to link to this page

Home My WebLink AboutFY 2015 Comprehensive Annual Financial ReportComprehensive Annual Financial Report As of and for the Year Ended June 30, 2015 Deschutes County, Oregon DESCH UTES COUNTY, OREGON 1300 NW Wall Street, Suite 200 Bend, Oregon 97703 COMPREHENSIVE ANNUAL FINANCIAL REPORT As of and for the Fiscal Year Ended June 30, 2015 Prepared by: Deschutes County Finance Department Wayne Lowry, CPA Finance Director Jeanine Faria Accounting Manager Deschutes County Table of Contents As of and For the Year Ended June 30, 2015 Introductory Section Letterof Transmittal.................................................................................................................................................. l OrganizationalChart .............................................................................................................................................. 5 List of Elected and Appointed Officials................................................................................................................. 7 GFOACertification of Achievement........................................................................................................................ 8 Financial Section IndependentAuditors' Report ....................................................................................................................................... 9 Management's Discussion and Analysis.................................................................................................................. 12 Basic Financial Statements Government -Wide Financial Statements Statementof Net Position................................................................................................................................ 24 Statementof Activities.................................................................................................................................... 26 Fund Financial Statements: Governmental Funds BalanceSheet.................................................................................................................................................. 28 Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Position .......................... 31 Statement of Revenues, Expenditures, and Changes in Fund Balances.......................................................... 32 Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities........................................................................................ 35 Fund Financial Statements: Proprietary Funds Statementof Net Position................................................................................................................................ 36 Statement of Revenues, Expenses, and Changes in Net Position.................................................................... 38 Statementof Cash Flows................................................................................................................................. 39 Fund Financial Statements: Fiduciary Funds Statement Fiduciary Assets and Liabilities...................................................................................................... 40 Notesto Financial Statements.............................................................................................................................. 41 Required Supplementary Information Schedule of the Proportionate Share of the Net Pension Liability (Asset)............................................................. 76 Schedule of Employer Contributions.................................................................................................................... 77 Schedule of Revenues, Expenditures, and Changes in Fund Balance — Budget and Actual GeneralFund................................................................................................................................................... 78 Deschutes County Sheriff's Office.................................................................................................................. 81 Countywide Law Enforcement District........................................................................................................... 82 Rural Law Enforcement District...................................................................................................................... 83 RoadDepartment............................................................................................................................................. 84 Deschutes County 9-1-1 County Service District............................................................................................ 85 BehavioralHealth............................................................................................................................................ 86 Notes to Required Supplementary Information............................................................................................... 87 0 Deschutes County Table of Contents June 30, 2015 Other Supplementary Information Combining and Individual Fund Statements and Schedules — Governmental Funds Major Funds and Sub -Funds Combining Balance Sheet GeneralFund........................................................................................................................................... 88 Countywide Law Enforcement District................................................................................................... 91 Rural Law Enforcement District.............................................................................................................. 92 Deschutes County Road Department....................................................................................................... 93 Deschutes County 9-1-1 County Service District.................................................................................... 94 Combining Statement of Revenues, Expenditures, and Changes in Fund Balances GeneralFund........................................................................................................................................... 95 Countywide Law Enforcement District................................................................................................... 98 Rural Law Enforcement District.............................................................................................................. 99 Deschutes County Road Department..................................................................................................... 100 Deschutes County 9-1-1 County Service District.................................................................................. 101 Schedule of Revenues, Expenditures, and Changes in Fund Balance — Budget and Actual Sub -Funds of the General Fund EconomicDevelopment.................................................................................................................... 102 Court Technology Reserve............................................................................................................... 103 Assessment and Taxation Reserve.................................................................................................... 104 Humane Society of Redmond........................................................................................................... 105 Project Development Fund............................................................................................................... 106 General County Projects................................................................................................................... 107 General Capital Reserve................................................................................................................... 108 Community Justice — Juvenile.......................................................................................................... 109 CodeAbatement............................................................................................................................... 110 Vehicle Maintenance and Replacement............................................................................................ 111 Sub -Fund of Countywide Law Enforcement District Countywide Law Enforcement District — Capital Reserve............................................................... 112 Sub -Fund of Rural Law Enforcement District Rural Law Enforcement District — Capital Reserve......................................................................... 113 Sub -Funds of Road Department RoadImprovement Reserve............................................................................................................. 114 RoadBuilding and Equipment.......................................................................................................... 115 Sub -Fund of Deschutes County 9-1-1 County Service District 9-1-1 County Service District — Equipment Reserve........................................................................ 116 Nonmajor Governmental Funds CombiningBalance Sheet........................................................................................................................... 118 Combining Statement of Revenues, Expenditures, and Changes in Fund Balances ................................... 119 IT Deschutes County Table of Contents June 30, 2015 Nonmajor Special Revenue Funds CombiningBalance Sheet........................................................................................................................... 120 Deschutes County Community Development Department and Sub -Funds ........................................... 129 Deschutes County Extension 4-H County Service District and Sub -Fund ............................................ 130 Combining Statement of Revenues, Expenditures, and Changes in Fund Balances ................................... 131 Deschutes County Community Development Department and Sub -Funds ......................................... 139 Deschutes County Extension 4-H County Service District and Sub -Fund .......................................... 140 Schedule of Revenues, Expenditures, and Changes in Fund Balance — Budget and Actual JusticeCourt ........................................................................................................................................ 141 Industrial Lands Proceeds.................................................................................................................... 142 Park Acquisition and Development..................................................................................................... 143 ParkDevelopment Fees....................................................................................................................... 144 CountySchool Fund............................................................................................................................ 145 Special Transportation Fund................................................................................................................ 146 TaylorGrazing..................................................................................................................................... 147 TransientRoom Tax............................................................................................................................ 148 PERSReserve Fund............................................................................................................................. 149 VideoLottery....................................................................................................................................... 150 TransientRoom Tax — 1% ................................................................................................................... 151 ForeclosedLand Sales......................................................................................................................... 152 Victims' Assistance............................................................................................................................. 153 LawLibrary......................................................................................................................................... 154 CountyClerk Records.......................................................................................................................... 155 EarlyLearning Hub.............................................................................................................................. 156 CourtFacilities..................................................................................................................................... 157 Deschutes County Communication System......................................................................................... 158 Deschutes County Communication System Reserve........................................................................... 159 PublicHealth........................................................................................................................................ 160 HealthyStart ........................................................................................................................................ 161 PublicHealth Reserve.......................................................................................................................... 162 Accountable Behavioral Health Alliance............................................................................................. 163 AcuteCare Services............................................................................................................................. 164 OHP— Chemical Dependency............................................................................................................. 165 Community Development Department................................................................................................ 166 Community Development Reserve (Sub -Fund of Community Development Department) ................ 167 CDD Building Program Reserve (Sub -Fund of Community Development Department) ................... 168 CDD Groundwater Partnership............................................................................................................ 169 NewberryNeighborhood..................................................................................................................... 170 GISDedicated Fund............................................................................................................................. 171 Natural Resource Protection................................................................................................................ 172 FederalForest Title III......................................................................................................................... 173 Surveyor............................................................................................................................................... 174 Public Land Corner Preservation......................................................................................................... 175 Countywide Transportation SDC Improvement Fee........................................................................... 176 DogControl......................................................................................................................................... 177 Adult Parole and Probation.................................................................................................................. 178 Extension4-H...................................................................................................................................... 179 ui Deschutes County Table of Contents June 30, 2015 Extension 4-H Construction (Sub -Fund of Extension 4-H) .. Nonmajor Debt Service Funds Combining Balance Sheet............................................................ ........................................................... 180 .................................................... 181 Combining Statement of Revenues, Expenditures, and Changes in Fund Balances ................................... 184 Schedule of Revenues, Expenditures, and Changes in Fund Balances — Budget and Actual CDD Building Full Faith and Credit, Refunding Series 2004............................................................. 187 Full Faith and Credit, Refunding Series 2012...................................................................................... 188 Full Faith and Credit, Series 2005....................................................................................................... 189 Full Faith and Credit, Series 2008....................................................................................................... 190 Full Faith and Credit, Series 2009....................................................................................................... 191 HHS/BJCC Full Faith and Credit, Refunding Series 2005.................................................................. 192 Full Faith and Credit 2010 — Secure Treatment Facility...................................................................... 193 Full Faith and Credit Jail Remodel Debt Service Series 2013............................................................. 194 PERS, Series 2002 and 2004 Debt Service.......................................................................................... 195 Sunriver Library County Service District Debt Service...................................................................... 196 Nonmajor Capital Project Funds CombiningBalance Sheet........................................................................................................................... 197 Combining Statement of Revenues, Expenditures, and Changes in Fund Balances ................................... 198 Schedule of Revenues, Expenditures, and Changes in Fund Balances — Budget and Actual Local Improvement District................................................................................................................. 199 North County Services Building.......................................................................................................... 200 CampusImprovement.......................................................................................................................... 201 SistersHealth Clinic............................................................................................................................ 202 JailProject............................................................................................................................................ 203 Fiduciary Funds Statement of Changes in Assets and Liabilities — Agency Funds — Detail Activity ........................................... 205 Combining and Individual Fund Statements and Schedules — Proprietary Funds Enterprise Funds Combining Schedule of Net Position Solid Waste Enterprise Operations Fund and Sub-Funds.................................................................... 206 Fair and Expo Center Enterprise Operations Fund and Sub -Funds ..................................................... 207 Combining Schedule of Revenues, Expenses, and Changes in Net Position Solid Waste Enterprise Operations Fund and Sub-Funds.................................................................... 208 Fair and Expo Center Enterprise Operations Fund and Sub -Funds ..................................................... 209 Combining Schedule of Cash Flows Solid Waste Enterprise Operations Fund and Sub-Funds.................................................................... 210 Fair and Expo Center Enterprise Operations Fund and Sub -Funds ..................................................... 211 Schedule of Revenues, Expenditures, and Changes in Net Position — Budget and Actual SolidWaste Operations........................................................................................................................ 212 LandfillClosure................................................................................................................................... 213 LandfillPostclosure............................................................................................................................. 214 iv Deschutes County Table of Contents June 30, 2015 Solid Waste Capital Projects .................................................... Solid Waste Equipment Reserve .............................................. Fair and Expo Center............................................................... Annual County Fair.................................................................. Fair and Expo Center Reserve ................................................. Fairgrounds Debt Service Fund ............................................... RVPark.................................................................................... Internal Service Funds ............................................................ 215 ............................................................ 216 ............................................................ 217 ............................................................ 218 ............................................................ 219 ............................................................ 220 ............................................................ 221 Combining Statement of Net Position....................................................................................................... 222 Combining Statement of Revenues, Expenses, and Changes in Net Position ........................................... 224 Combining Statement of Cash Flows........................................................................................................ 226 Schedule of Revenues, Expenses, and Changes in Net Position — Budget and Actual BuildingServices................................................................................................................................. 228 AdministrativeServices....................................................................................................................... 229 Boardof County Commissioners......................................................................................................... 230 Finance................................................................................................................................................. 231 Legal.................................................................................................................................................... 232 Personnel.............................................................................................................................................. 233 InformationTechnology...................................................................................................................... 234 ITReserve............................................................................................................................................ 235 Insurance.............................................................................................................................................. 236 HealthBenefits..................................................................................................................................... 237 Other Financial Schedules Schedule of Property Taxes Transactions — All County Taxes............................................................................. 239 Schedule of Long -Term Debt Transactions.......................................................................................................... 240 Schedule of Long -Term Debt Interest Transactions............................................................................................. 241 Schedule of Future Debt Service Requirements of General Obligation Bonds .................................................... 242 Schedule of Future Debt Service Requirements of Pension Obligation Bonds .................................................... 243 Schedule of Future Debt Service Requirements of Full Faith and Credit Bonds — Governmental Activities....... 244 Schedule of Future Debt Service Requirements of Full Faith and Credit Bonds — Business -Type Activities ...... 249 Schedule of Future Debt Service Requirements Notes......................................................................................... 250 Statistical Section Statistical Section Contents.................................................................................................................................251 Financial Trends Net Position by Component — Last Ten Fiscal Years..................................................................................... 252 Changes in Net Position — Last Ten Fiscal Years.......................................................................................... 254 Fund Balances - Governmental Funds — Last Ten Fiscal Years..................................................................... 256 Changes in Fund Balances - Governmental Funds — Last Ten Fiscal Years .................................................. 258 Revenue Capacity Assessed Value and Estimated Actual Value of Taxable Property — Last Ten Fiscal Years .......................... 260 Direct and Overlapping Property Tax Rates — Last Ten Fiscal Years............................................................ 262 Principal Property Taxpayers — Current Fiscal and Nine Years Ago............................................................. 264 Property Taxes Levies and Collections — Last Ten Fiscal Years................................................................... 265 u Deschutes County Table of Contents June 30, 2015 Debt Capacity Ratios of Outstanding Debt by Type — Last Ten Fiscal Years....................................................................... 266 Ratios of General Bonded Debt Outstanding — Last Ten Fiscal Years........................................................... 268 Direct and Overlapping Governmental Activities Debt................................................................................. 269 Legal Debt Margin Information — Last Ten Fiscal Years............................................................................... 270 Pledged -Revenue Coverage — Last Ten Fiscal Years..................................................................................... 272 Demographic and Economic Information Demographic and Economic Statistics — Last Ten Calendar Years................................................................. 273 Principal Employers — Current Year and Nine Years Ago.............................................................................. 274 Operating Information Full -Time Equivalent County Government Employees by Function/Program — Last Ten Fiscal Years ......... 276 Operating Indicators by Function/Program — Last Ten Fiscal Years.............................................................. 278 Capital Asset Statistics by Function / Program — Last Ten Fiscal Years ........................................................ 280 Audit Comments and Disclosures Required By State Regulations Audit Comments and Disclosures Required by State Regulations....................................................................... 283 Independent Auditor's Report Required by Oregon State Regulations.................................................................. 284 Single Audit Compliance Internal Auditor's Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with GovernmentAuditing Standards ...... 286 Independent Auditor's Report on Compliance for Each Major Federal Program; Report on Internal Control Over Compliance Required by OMB Circular A-133..................................................................................................... 288 Schedule of Expenditures of Federal Awards........................................................................................................ 290 Notes to the Schedule of Expenditures of Federal Awards.................................................................................... 295 Schedule of Findings and Questioned Costs........................................................................................................... 300 Statusof Prior Year Findings................................................................................................................................. 302 vi Introductory Section June 30, 2015 Deschutes County, Oregon -TES DEPARTMENT OF ADMINISTRATIVE SERVICES a A%AA�-� Tom Anderson, County Administrator P. O. Box 6005 ■ Bend, Oregon 97708-6005 1300 NW Wall Street, Suite 206 ■ Bend, Oregon 97701 (541) 388-6565 ■ FAX (541) 385-3202 www.deschutes.org November 3, 2015 To the Board of County Commissioners and the citizens of Deschutes County, Oregon: We are pleased to submit the Comprehensive Annual Financial Report of Deschutes County, Oregon as of and for the year ended June 30, 2015, together with the opinion thereon of our independent certified public accountants, Eide Bailly LLP. This report, required by Oregon Revised Statutes 297.425, is prepared by the Finance Department. Also included are Audit Comments and Disclosures required under the Minimum Standards for Audits of Oregon Municipal Corporations Section of the Oregon Administrative Rules. In addition, the County is required to have a comprehensive single audit of its Federal Assistance Programs in accordance with the Single Audit Act, Office of Management and Budget (OMB) Circular A-133 and the provisions of Government Auditing Standards promulgated by the U.S. Comptroller General as they pertain to the financial and compliance audits. A report on the County's compliance with applicable Federal laws and regulations related to the Single Audit Act, OMB Circular A-133 is included with this report beginning on page 289. This report is prepared in conformance with the guidelines for financial reporting developed by the Government Finance Officers Association of the United States and Canada and the principles established by the Governmental Accounting Standards Board (GASB), including all effective GASB pronouncements. It presents fairly the financial position of the various funds of the County as of June 30, 2015, and the results of operations for the year then ended in conformity with accounting principles generally accepted in the United States of America (US GAAP). The report consists of management's representations concerning the finances of the County. Consequently, management assumes full responsibility for the completeness and reliability of all information presented in this report. To provide a reasonable basis for making these representations, County management 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 the County's financial statements. Because the cost of internal control should not outweigh its benefits, the County's comprehensive framework of internal controls has been designed to provide reasonable 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. Accounting principles generally accepted in the United States of America require that management provide a narrative introduction, overview, and analysis to accompany the basic financial statements in the form of Management Discussion and Analysis (MD&A). This letter of transmittal is designed to complement MD&A and should be read in conjunction with it. Deschutes County's MD&A can be found immediately following the independent auditors' report. Profile of the Government The County was formed in 1916, is located in the central part of the state and covers an area of 3,055 square miles. The County has three full-time commissioners, who are elected at -large to serve four-year terms. Daily administrative duties are overseen by an appointed County Administrator, while the Board of County Commissioners sets policy, adopts the annual budget and passes ordinances in accordance with state law. The County provides a full range of services including sheriff's patrol, investigative and correction services, construction and maintenance of roads and bridges, property assessment, tax collection, public and behavioral health services, social services for children and families, land use planning, building permitting and inspections, prosecution of criminals, veterans services, justice court, parole & probation, election services, records maintenance, and operation of a landfill, a fair and expo center, and an RV park. Enhancing tJre Lues of Citiaens hrf 17elivering Qxttalifil Services in ca Cost -Effective Manner 1 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 Countywide Law Enforcement District, Rural Law Enforcement District, Deschutes County 9-1-1 and Deschutes County Extension / 4-H Districts are reported as special revenue funds of Deschutes County. Sunriver Library CSD is reported as a debt service fund of Deschutes County. The County utilizes a budget committee, consisting of the three commissioners and an equal number of citizens -at -large, to review and approve the proposed budget for each fiscal year. The annual budget serves as the foundation for Deschutes County's financial planning and control. Requested budgets are submitted for 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 prepares the proposed budget based on these requested budgets and submits it to the Budget Committee, approximately two months prior to the beginning of the next fiscal year. The County is required to announce, in advance, and hold a public hearing on the approved budget and to adopt the budget by no later than June 30, the close of Deschutes County's fiscal year. The appropriated budget is prepared by fund, department and category (level of control). All transfers of appropriations 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 78 as part of the required supplementary information. All other funds are presented in a subsection of this report, which starts on page 102. 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 is a bustling, exciting place where progress and growth are hallmarks. Beginning in the early 1990s, Deschutes County has experienced rapid population growth. This growth is believed to be largely due to the area's invigorating climate and year-round recreation activities. The population is approximately 166,400, an increase of approximately 33% over the last 10 years, and is projected to exceed 198,000 by 2025. Recreational activities include downhill and cross-country skiing, snowboarding, fishing, hunting, hiking, rock -climbing, road and mountain biking, mountain climbing, whitewater rafting and golfing. Deschutes County is the host of diverse annual events including the Bend Brewfest, Sunriver Music Festival, Sisters Outdoor Quilt Show, Cascade Children's Festival/Balloons over Bend, Pole Pedal Paddle, Sisters Rodeo, WinterFest, Bend Film Festival, Golf World Pacific Amateur Golf Classic and the Cascade Cycling Classic. In Fiscal Year 2015, the County's assessed valuation of taxable property increased by 5.6%, approximately one billion dollars, to a total of $19.7 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 and is home to several award winning craft breweries. 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 nearly 300 active medical staff. Financial Policies The County has established policies which are reviewed and adopted annually by the Board of County Commissioners in conjunction with the budget process. The County recognizes the need to ensure that it is capable of adequately funding and providing County services needed by the community on a sustainable basis. The Board acknowledges that in order to maintain a prudent level of financial resources to protect against the need to reduce service levels or raise taxes (voter -approved local option levy) and fees due to temporary revenue shortfalls or unforeseeable one-time expenditures, the County will strive to maintain working capital balances in each fund. The amount of working capital, per fund, is a function of the type of fund. For most operating funds, the level is 8.3% of that fund's operating budget. For funds with property taxes as a significant portion of revenues, the level is one-third of estimated annual property tax collections. Long -Term Financial Planning North County Facility — The County purchased property in the City of Redmond several years ago with the intent to partner with the state or Oregon to coordinate public services in the North County area. Due to several changing circumstances, the County elected to remodel an existing County owned building and the County has entered into a sale agreement for the original North County building. PERS Rates — The state retirement system, known as PERS, sets rates for employers every two years. PERS rates reached an all-time high in FY 2013 due to the effects of the recession on pension fund earnings and due to years of greater than anticipated retirement payouts. The Oregon Legislature passed several bills that changed some of the rules related to cost of living adjustments and other features of the plan. The effect of the legislative changes was to effectively lower employer rates and to stem future rate increases. The Oregon Supreme Court, in April 2015, overturned the majority of the changes made by the legislature. As a result, it appears that employer rates will significantly increase in the next rate setting cycle and could continue to increase significantly for the next several cycles. Local government employers are bracing for significant increases in PERS rates beginning in FY 2018 and again in FY 2020. Major Initiatives 9-1-1 Radio Consolidation — The County manages the countywide 9-1-1 center, providing dispatch and records services to all surrounding first responders and other local governments. The system is made up of several separate radio systems limiting the ability of responders to talk with each other. A proposal is being refined to consolidate the radios systems into a single system for the region and the 9-1-1 center is proposing to own, operate and maintain the new system on behalf of the region. The user group made up of representatives from all participating jurisdictions is moving towards a possible ballot measure to fund, operate and maintain the new system. FY 2016 is the third year of a five year local option tax levy to support the operation of the center. Finance/Human Resource Software — The County has been using a Finance/Human Resources program since 2000 as its base accounting system. The County has determined the current system should be replaced and issued an RFP in April 2015 to solicit proposals from software vendors. Six proposals were received. After initial screening, three proposals were advanced to the demonstration phase. Demonstrations were held in August and September of 2015. The selection committee will perform reference checks and site visits in the fall of 2015. The County anticipates completing contract negotiations by the end of the calendar year and to begin implementation in the spring of 2016. Road Projects — The County plans to spend just over $10,000,000 in the next five years on road improvement projects. The first of those projects is known as the Powell Butte/Neff/Alfalfa intersection. The intersection experiences the highest crash rate in the County road system. The improvement will involve the construction of a traffic circle and several other traffic calming devices to improve the safety of the rural intersection. The project is expected to be funded with $1,500,000 in road and system development charges and will begin in the spring of 2016. Self -Funded Health Benefits — In February 2011, the County opened its on-site employee health clinic operated by a private provider under a fixed-price contract with the County. In May 2012, the County opened its on-site pharmacy. The pharmacy is also operated by a private provider. Both of these operations are an extension of the County's self-funded employee health and dental insurance fund. The County has used these features to help contain employee health insurance costs. The County is poised to hire a benefits consultant to help continue the advantages of self -funding and to assist in the implementation of coming ACA requirements. Awards and Acknowledgements The Government Finance Officers Association of the United States and Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to Deschutes County for its comprehensive annual financial report for the fiscal year ended June 30, 2014. This was the fourteenth consecutive year that the County has received this prestigious 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 must satisfy both accounting principles generally accepted in the United States of America 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 will submit it to the GFOA to determine its eligibility for another certificate. The County also received the GFOA's Distinguished Budget Presentation Award for its annual budget document for FY 2015. To qualify for this Distinguished Budget Presentation Award, the County's budget document had to be judged proficient as a policy document, a financial plan, an operations guide and a communication device. 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 Finance 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 planning and conducting the operations of the County in a responsible and progressive manner. Respectfully subm' d, �7 -.'-, Tam Anderson County Administrator Wayne Lowry Finance Director Citizens of Deschutes County County Assessor County Clerk County Sheriff Board of Commissioners Scot Langton Nancy Blankenship Shane Nelson Anthony De Bone Alan Unger Tammy Baney Elections Corrections EApaisa5 (Jail/ Work Center) sment Document Recording Law Enforcement gCountyords Administrator David Doyle Tom Anderson Cartography Vtal Records Ad min'stmtrve& Support Services County Legal Property Tax Department Appeals Administrative/ Court Proceedings lb Distdct Attorney Justice ofthe County Treasurer John Hummel Peace Wayne Lowry Charles Fadeley Prosecutbn in Traffic/ Ordinance Investments Circuit Court Volutions Treatment Courts Small Claims Court Tax Distribution ms' Elected Offices 0 Appointed Offices 0 Department Functions County Administrator Tom Anderson Health Services Solid Waste Fair & Expo CenterI Road Department Community Jane Smilie Timm Schinike Dan Despotopubs Chris Doty Development Nick Lelack Community Justice Ken Hales Public Health Behavioral Heath Landfill Disposal Fair & Expo Center Develop/Maintain Planning Adult Parole & Road System Probation Community County Surveyor Offender Health Child &Family Transfer Operation County Fair Building Safety Supervision Reprodu cove Noxious Weed Environmental Electronic Health Ad ult Treatment Recycling Services RV Park Control Soils Monitoring Maternal Chttd Developmental Fleet Eq uipment Code Transitional Health Disabilities Services Enforcement Services Women, Infants & Access & Crisis Children (WIC) Services GIS Alcohol &Drug Prevention Eady Learning Council Internal Service Departments Adrninistrative Deputy County Services Administrator Erik Kropp Internal Auditing Property & Facihb Public Information Susan Ross Na t. ral Reso urce Building Risk Management Workers' Protection Maintenance Compensation General &Vehicle Property Management LiabilHy Unemployment Insurance Americans with Disabilities Act Personnel Information Daniello Fegley Technology Veterans' Services JoeSado ny Juvenile Justice Z Community Servir Supervision Z Juvenile Detention Z Probation & Diversion Finance/Tax Wayne Lowry Accounting Payroll Budget Staff Recruitment Technology Law Library Tax Collection Compensation Web Applications Dog Licensing Insurance GIS Retirement Programs Health Benefits County & Deputy County Administrator Appointed Offices Department Functions 6 List of Elected and Appointed Officials ELECTED OFFICIALS COUNTY COMMISSIONERS Tammy Baney Anthony DeBone Alan Unger ASSESSOR Scot Langton SHERIFF Larry Blanton — Retired June 30, 2015 Shane Nelson — Appointed July 1, 2015 COUNTY CLERK Nancy Blankenship APPOINTED OFFICIALS County Administrator - Tom Anderson County Counsel — David Doyle Finance Director - Wayne Lowry Internal Auditor - David Givans Administrative Offices 1300 NW Wall Street, Suite 200 Bend, Oregon 97703 DISTRICT ATTORNEY John Hummel TREASURER Wayne Lowry JUSTICE COURT Charles Fadely Government Finance Officers Association Certificate of Achievement for Excellence in Financial Reporting Presented to Deschutes County For its Comprehensive Annual Financial Report for the Fiscal Year Ended June 30, 2014 Executive Director/CEO Financial Section June 30, 2015 Deschutes County, Oregon EideBailly CPAs & BUSINESS ADVISORS Independent Auditor's Report To the Deschutes County Board of Commissioners Deschutes County, Oregon Bend, Oregon Report on the Financial Statements 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 (the County) as of and for the year ended June 30, 2015, and the related notes to the financial statements, which collectively comprise the County's basic financial statements as listed in the table of contents. Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express opinions on these financial statements based on our audit. 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. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions. Opinions In our opinion, the financial 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 the County, as of June 30, 2015, and the respective changes in financial position and, where, applicable, cash flows thereof for the year then ended in accordance with accounting principles generally accepted in the United States of America. www.eideqbailly.com 877 W. Main St., Ste. 800 1 Boise, ID 83702-5858 1 T 208.344.7150 1 F 208.344.7435 1 EOE Emphasis of a Matter – Adoption of New Accounting Standard As described in Notes 1.E.10 and 4.17 to the financial statements, the County adopted the provisions of GASB Statement No. 68, Accounting and Financial Reporting for Pensions, and GASB Statement No. 71, Pension Transition for Contributions Made Subsequent to the Measurement Date, which has resulted in a restatement of the net position as of July 1, 2014. Our opinions are not modified with respect to this matter. Emphasis of a Matter – Change in Reporting Entity As described in Note 4.17 to the financial statements, the County no longer reports Sunriver Service District and Black Butte Ranch Service District (Districts) as component units of the County and, as a result, has removed the Districts from the financial statements, in accordance with the provisions of GASB Statement No. 61, The Financial Reporting Entity: Omnibus—an amendment of GASB Statements No. 14 and No. 34, which has resulted in a restatement of the net position as of July 1, 2014. Our opinions are not modified with respect to this matter. Emphasis of a Matter – Correction of an Error As described in Note 4.17 to the financial statements, the County previously improperly reported the offset of long-term notes receivable as deferred inflows of resources. Long-term notes receivable are required to be offset as nonspendable fund balance in the governmental fund financial statements, in accordance with the provisions of GASB Statement No. 54, Fund Balance Reporting and Governmental Fund Type Definitions, and GASB Statement No. 65, Items Previously Reported as Assets and Liabilities, which has resulted in a restatement of the net position as of July 1, 2014. Our opinions are not modified with respect to this matter. Other Matters Required Supplementary Information Accounting principles generally accepted in the United States of America require that the management's discussion and analysis, schedule of proportionate share of the net pension liability, schedule of employer contributions, and the schedules of revenues, expenditures, and changes in fund balances – budget and actual and related notes (budgetary schedules), as listed in the table of contents, be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the management's discussion and analysis, schedule of proportionate share of the net pension liability, schedule of employer contributions and budgetary schedules in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the management's discussion and analysis, schedule of proportionate share of the net pension liability, schedule of employer contributions and budgetary schedules because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance. Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the County's basic financial statements. The budgetary schedules described above are the responsibility of management and were derived from and relate directly to the underlying accounting and other records used to prepare the basic financial statements. The budgetary schedules have been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the budgetary schedules are fairly stated, in all material respects, in relation to the basic financial statements as a whole. 10 Other Information Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the County's financial statements. The introductory section, combining and individual nonmajor fund financial statements, schedule of property tax transactions, schedule of long-term debt transactions, schedules of future debt service requirements, and statistical section are presented for purposes of additional analysis and are not a required part of the financial statements. The accompanying schedule of expenditures of federal awards is presented for purposes of additional analysis as required by U.S. Office of Management and Budget Circular A-133, Audits of States, Local Governments, and Non -Profit Organization, and is also not a required part of the financial statements. The combining and individual nonmajor fund financial statements, schedule of property tax transactions, schedule of long- term debt transactions, schedules of future debt service requirements, and schedule of expenditures of federal awards are the responsibility of management and were derived from and relate directly to the underlying accounting and other records used to prepare the basic financial statements. Such information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the combining and individual nonmajor fund financial statements, schedule of property tax transactions, schedule of long- term debt transactions, schedules of future debt service requirements, and schedules of expenditures of federal awards are fairly stated, in all material respects, in relation to the basic financial statements as a whole. The introductory section and statistical sections have not been subjected to the auditing procedures applied in the audit of the basic financial statements and, accordingly, we do not express an opinion or provide any assurance on them. Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated November 3, 2015 on our consideration of the 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 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 internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering County's internal control over financial reporting and compliance. Report on Other Legal and Regulatory Requirements In accordance with the Minimum Standards of Audits of Oregon Municipal Corporations, we have issued our report dated November 3, 2015, on our consideration of the County's compliance with certain provisions of laws and regulations, including the provisions of Oregon Revised Statutes as specified in Oregon Administrative Rules. The purpose of that report is to describe the scope of our testing of compliance and the results of that testing and not to provide an opinion on compliance. For Eide Bailly LLP Boise, Idaho November 3, 2015 11 Deschutes County, Oregon Management's Discussion and Analysis June 30, 2015 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 as of and for the Fiscal Year ended June 30, 2015. 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 1-4 of this report. Financial Highlights • Total assets and deferred outflows of resources of Deschutes County exceeded its liabilities and deferred inflows of resources by $191,148,313 as of June 30, 2015. Of this amount, $68,134,010 may be used to meet the County's on-going obligations to citizens and creditors, compared to $48,495,308 as of June 30, 2014, as restated. • The County's governmental funds reported a combined fund balance of $97,353,099, an increase of $5,446,643, from June 30, 2014, as restated. Of this balance, $3,059,145, 3.1%, is non -spendable, $62,387,588, 64.1%, is restricted, $16,499,728, 17.0%, is committed, $6,222,698, 6.4% is assigned and $9,183,941, 9.4% is unassigned. • County General Fund o The General Fund's fund balance was $17,705,836 as of June 30, 2015, an increase of $1,480,154 over the balance at June 30, 2014, as restated. June 30, 2014 June 30, 2015 (as restated) General Fund (Operations) $ 9,871,908 $ 8,485,753 Sub -funds of the General Fund 7,833,927 7,739,929 $ 17,705,836 $ 16,225,682 o Fund balance is 52.6.% percent of the Fund's combined revenues and transfers in and 55.0% of the fund's combined expenditures and transfers out. Nonspendable fund balance was $516,523, committed fund balance was $1,782,674, assigned fund balance was $6,222,698 and unassigned fund balance was $9,183,941. • The County's Assessed Valuation of Taxable Property increased by 5.6% in Fiscal Year 2015. • Total bonded debt was $70,940,949 as of June 30, 2015, compared to total bonded debt of $77,116,441 as of June 30, 2014 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. 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 Position presents information on all of Deschutes County's assets, liabilities, deferred inflows/outflows of resources, with the difference reported as net position. Over time, increases or decreases in net position 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 position changed during the Fiscal Year ended June 30, 2015. Changes in net position are reported when the underlying event giving rise to the change occurs, regardless of the timing of the related cash flows. Thus, revenues and expenses are reported in this statement for some items, for example, property taxes and accrued compensated leave that will result in cash flows in future fiscal periods. 12 Deschutes County, Oregon Management's Discussion and Analysis June 30, 2015 Each of these government -wide financial statements, Statement of Net Position 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, public safety, roads, health and welfare, and education. The business -type activities of Deschutes County include Solid Waste operations, the Deschutes County Fair & Expo Center and the RV Park. The government -wide financial statements include five county service districts: Countywide Law Enforcement District, Rural Law Enforcement District, Deschutes County 9-1-1 CSD, Deschutes County Extension and 4-H Service District, 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, Suite 200, Bend, OR 97703. The government -wide financial statements can be found on pages 24-26 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 or 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 Position 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 seventy-seven (77) individual governmental funds and sub -funds during Fiscal Year 2015. Information is presented separately in the governmental funds Balance Sheet and in the governmental funds Statement of Revenues, Expenditures, and Changes in Fund Balances for the General Fund and the County's major funds (Sheriff's Office, Countywide Law Enforcement District, Rural Law Enforcement District, Road, Deschutes County 9-1-1 and Behavioral Health). Data from all other governmental funds are combined into a single, aggregated presentation. Individual data for each of these nonmajor governmental funds is provided in the form of combining statements in the "Other Supplementary Information" section of this report and in the budget to actual comparison schedules. Deschutes County adopts an annual budget for each of its funds and a budgetary comparison statement has been provided for each to demonstrate compliance with its annual budget. The Basic Governmental Fund Financial Statements can be found on pages 28-35 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, Fair & Expo Center operations and RV Park. An internal service fund is 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, commissioner, 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. 13 Deschutes County, Oregon Management's Discussion and Analysis June 30, 2015 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 Solid Waste, Fair & Expo Center operations and RV Park. Both Solid Waste and Fair & Expo Center 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 "Other Supplementary Information" section of this report and in the budget to actual comparison schedules. The Basic Proprietary Funds Financial Statements can be found on pages 36-39 of this report. Fiduciary funds. Fiduciary funds, all of which are agency funds, are used to account for resources held for the benefit of third parties. 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 Fiduciary Funds Statement of Assets and Liabilities can be found on page 40 of this report and the Statement of Changes in Assets and Liabilities on page 205. 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 41-75 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 76. The combining statements referred to above in connection with non -major governmental funds and internal service funds are presented in the "Other Supplementary Information" section of this report. Government -wide Financial Analysis The County applied the pension reporting standards to its FY 2015 financial statements, as required by GASB Statement No. 68 Accounting and Financial Reporting for Pensions and GASB Statement No. 71, Pension Transition for Contributions Made Subsequent to the Measurement Date. These standards had a significant impact on the government -wide statements resulting in a large prior period adjustment and affected the categories of pension expense, assets, deferred inflows and outflows of resources. The State's retirement system actuaries determined that the pension expense to report in FY 2015 is a negative amount and, as the net fiduciary assets exceed the total pension liability, the County's share of the collective net pension liability is reported as a pension asset. Further iscussion of the implementation of GASB Statement No. 68 and GASB Statement No. 71 can be found later in this discussion and in the notes to the financial statements. Net position, at a specific point in time, serves as a useful indicator of an entity's financial position. Deschutes County's assets and deferred outflows of resources exceeded liabilities and deferred inflows of resources by $191,148,313 at June 30, 2015. Approximately 64% of Deschutes County's net position represents 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 capital assets are 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. Deschutes County's portion of net position restricted for use in its long-term capital projects, debt service requirements, public safety, roads and health services total $58,190,535, or 30% of the net position. The remaining 5%, $9,943,475, of Deschutes County's net position may be used to meet the County's future obligations to citizens and creditors. As of June 30, 2015, Deschutes County reports positive balances in all three categories of net position (net investment in capital assets, restricted and unrestricted) for the government as a whole and for the governmental activities. The net position for the business - type activities is positive for capital assets, net of related debt and restricted for debt service and negative in the unrestricted category. 14 Deschutes County, Oregon Management's Discussion and Analysis June 30, 2015 Deschutes County's net position increased by $25,004,068 during Fiscal Year 2015. CHANGES DUE TO GOVERNMENTAL ACTIVITIES During Fiscal Year 2015, net position for governmental activities increased by $22,560,704. The largest change in net position for governmental activities is due to the accounting for the County's defined benefit pension plan. Pension payments to the state retirement system the County made during FY 2015 of $5,107,149 are reported as deferred outflows of resources instead of expense and the FY 2015 pension expense is reported as negative $12,558,260. These two adjustments to expense account for $17,665,409 of the increase in net position. Other reasons for the increase in net position include: • Increased permit activity, and therefore revenues, in the County's Community Development Department generated $805,568 of net position. • Expenditures in the Road fund were less than revenues for the year, which added $2,104,533 to net position. The Road department spent less on road improvements due to delays on some projects. Payment In Lieu of Taxes and Secure Rural Schools revenues were received and will be used to fund major road maintenance operations and projects in future years. • Expenses of Deschutes County 9-1-1 County Service District, due primarily to personnel vacancies, were less than expected. As its property tax revenues exceeded budget, the result is net position increased by $1,129,649. CHANGES DUE TO BUSINESS -TYPE ACTIVITIES • Net position of the business -type activities increased by $2,443,364: o The net position of the Solid Waste operation increased $241,000, due to increases in collection activity. o The County's Fair & Expo Center had a net operating loss of $1,049,000. After non-operating revenues, including $2,624,000 of property taxes levied to retire long-term debt, the net position increased $2,147,000. o The application of GASB No. 68 also contributed to the increase in net position by reducing expenses by $522,477 as explained above. 15 Governmental activities Business -type activities Total 2014 (as 2015 2014 (as restated) 2015 restated) 2015 2014 (as restated) Assets other than capital assets $ 144,837,755 $ 125,190,128 $ 9,315,521 $ 9,683,635 $ 154,153,275 $ 134,873,763 Capital assets 133,537,282 134,484,051 50,419,335 49,987,335 183,956,617 184,471,386 Total assets 278,375,037 259,674,179 59,734,856 59,670,970 338,109,892 319,345,149 Deferred outflows of resources 6,152,382 (24,690,897) 475,306 (343,312) 6,627,688 (25,034,209) Non-current liabilities 71,852,192 72,673,833 26,246,826 29,194,276 98,099,019 101,868,109 Current liabilities 23,172,730 22,146,393 4,746,770 4,152,194 27,919,500 26,298,587 Total liabilities 95,024,922 94,820,226 30,993,597 33,346,470 126,018,519 128,166,696 Deferred inflows of resources 26,778,734 - 792,015 - 27,570,749 - Net position: Net investment in capital assets 91,385,492 89,652,341 31,628,811 27,996,595 123,014,302 117,648,936 Restricted 57,774,179 - 416,356 - 58,190,535 - Unrestricted 13,564,092 50,510,715 (3,620,616) (2,015,407) 9,943,475 48,495,308 Total net position $ 162,723,763 $ 140,163,056 $ 28,424,551 $ 25,981,188 $ 191,148,313 $ 166,144,244 Deschutes County's net position increased by $25,004,068 during Fiscal Year 2015. CHANGES DUE TO GOVERNMENTAL ACTIVITIES During Fiscal Year 2015, net position for governmental activities increased by $22,560,704. The largest change in net position for governmental activities is due to the accounting for the County's defined benefit pension plan. Pension payments to the state retirement system the County made during FY 2015 of $5,107,149 are reported as deferred outflows of resources instead of expense and the FY 2015 pension expense is reported as negative $12,558,260. These two adjustments to expense account for $17,665,409 of the increase in net position. Other reasons for the increase in net position include: • Increased permit activity, and therefore revenues, in the County's Community Development Department generated $805,568 of net position. • Expenditures in the Road fund were less than revenues for the year, which added $2,104,533 to net position. The Road department spent less on road improvements due to delays on some projects. Payment In Lieu of Taxes and Secure Rural Schools revenues were received and will be used to fund major road maintenance operations and projects in future years. • Expenses of Deschutes County 9-1-1 County Service District, due primarily to personnel vacancies, were less than expected. As its property tax revenues exceeded budget, the result is net position increased by $1,129,649. CHANGES DUE TO BUSINESS -TYPE ACTIVITIES • Net position of the business -type activities increased by $2,443,364: o The net position of the Solid Waste operation increased $241,000, due to increases in collection activity. o The County's Fair & Expo Center had a net operating loss of $1,049,000. After non-operating revenues, including $2,624,000 of property taxes levied to retire long-term debt, the net position increased $2,147,000. o The application of GASB No. 68 also contributed to the increase in net position by reducing expenses by $522,477 as explained above. 15 Deschutes County, Oregon Management's Discussion and Analysis June 30, 2015 Changes in Net Position Expenses: General government Governmental activities Business -type activities Total 24,792,417 2015 2014 2015 2014 2015 2014 Program revenues: 57,786,656 County roads 16,818,974 15,441,429 - - Charges for services $ 40,041,937 $ 40,001,321 $ 10,692,140 $ 9,364,735 $ 50,734,077 $ 49,366,056 Operating grants and 35,154,506 Education 656,218 685,916 - - contributions 40,911,962 40,070,038 51,244 50,964 40,963,206 40,121,002 Capital grants and 2,556,364 Solid waste - - 7,614,444 6,327,028 contributions 193,226 437,240 - 176,289 193,226 613,529 General revenues: 3,368,464 RV park - - 473,792 355,752 Property taxes 58,485,588 62,346,458 2,623,509 2,086,179 61,109,097 64,432,637 Other taxes 5,248,200 4,340,159 - - 5,248,200 4,340,159 Other 1,188,209 986,444 71,740 52,611 1,259,950 1,039,055 Total revenues 146,069,123 148,181,660 13,438,632 11,730,778 159,507,755 159,912,438 Expenses: General government 24,792,417 25,801,150 24,792,417 25,801,150 Public safety 46,351,357 57,786,656 - - 46,351,357 57,786,656 County roads 16,818,974 15,441,429 - - 16,818,974 15,441,429 Health and welfare 31,944,749 35,154,506 - - 31,944,749 35,154,506 Education 656,218 685,916 - - 656,218 685,916 Interest on long-term debt 2,385,397 2,556,364 - - 2,385,397 2,556,364 Solid waste - - 7,614,444 6,327,028 7,614,444 6,327,028 Fair & expo center - 3,466,338 3,368,464 3,466,338 3,368,464 RV park - - 473,792 355,752 473,792 355,752 Total expenses 122,949,114 137,426,021 11,554,573 10,051,244 134,503,687 147,477,265 Change in net position before transfers 23,120,009 10,755,639 1,884,059 1,679,534 25,004,068 12,435,173 Transfers (559,305) (539,938) 559,305 539,938 - - Change in net position 22,560,704 10,215,701 2,443,364 2,219,472 25,004,068 12,435,173 Net position, beginning of year 140,163,057 167,076,776 25,981,188 24,525,456 166,144,245 191,602,232 Net position, end of year 162,723,762 177,292,477 28,424,551 26,744,928 191,148,313 204,037,405 Prior Period adjustments GASB #61 (BBR/SSD) - (4,497,823) - - - (4,497,823) GASB #68 (Difference) (25,822,752) (763,740) - (26,586,492) GASB #68 (PP Pens Exp) - (6,808,845) - - - (6,808,845) Net position, ending $ 162,723,762 $ 140,163,057 $ 28,424,551 $ 25,981,188 $ 191,148,313 $ 166,144,245 16 Deschutes County, Oregon Management's Discussion and Analysis June 30, 2015 Expenses and Program Revenues - Governmental Activities 50,000 40,000 30,000 20,000 10,000 0 General government -10,000 - ■ Expenses ■ Revenues Public safety County roads Revenues by Source - Governmental Activities Property taxes 40% Cal contributions 0% Other taxes 4% Health and Education Interest and fiscal welfare charges 17 ges for services 27% Other 1% vperatmg grants and contributions 28% Deschutes County, Oregon Management's Discussion and Analysis June 30, 2015 Expenses and Program Revenues - Business -type Activities 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 Solid waste Revenues by Source - Business -type Activities Charges for service 80% ■ Expenses ■ Program revenues Fair and expo center RV Park Other 1% 18 -rating grants and contributions 0% -ty taxes 9% Deschutes County, Oregon Management's Discussion and Analysis June 30, 2015 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, near-term outflows and balances of spendable resources. Such information is useful in assessing Deschutes County's financing requirements. In particular, unassigned 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, 2015, $97,353,099 is the reported combined ending fund balance for Deschutes County's governmental funds, a net increase of $5,446,643 from June 30, 2014, as restated. Changes, amounts and percentages, in the fund balances of the major governmental funds and of the other governmental funds were: MAJOR o General Fund (including sub -funds): increase of $1,480,154, 9.1% o Sheriff, Countywide Law Enforcement District and Rural Law Enforcement District (combined): decrease of $1,954,828, 16.2% o Road: increase of $2,104,533, 17.3% o Deschutes County 9-1-1 County Service District: increase of $1,129,649, 8.0% o Behavioral Health: increase of $1,114,716, 38.1% OTHER o Nonmajor special revenue: decrease of $13,283,.04% o Nonmajor debt service: increase of $5,659, 1.2% o Nonmajor capital project: increase of $1,580,043, 133.3% Significant Changes in Major Funds General Fund: As of June 30, 2015, the fund balance of Deschutes County's General Fund was $17,705,836. Of this fund balance, $8,005,372 is restricted, committed, assigned for specific use and $9,183,941 is unassigned. One measure of the General Fund's liquidity is the relationship of the fund balance to the Fund's total expenditures. The fund balance as of June 30, 2015, for the General Fund is 86.5% of total General Fund expenditures and 55.0% of total General Fund combined expenditures and transfers out. Deschutes County's General Fund balance increased by $1,480,154 or 9.1% during Fiscal Year 2015. Revenues exceeded current expenditures by $12,075,502. These net resources along with Transfers In were used primarily to fund County services through transfers to other funds in the amount of $11,733,355. Sheriff, Countywide Law Enforcement District and Rural Law Enforcement District: The County's Sheriff s services are funded through two voter approved county service district property tax levies. One district levies a tax throughout the County to provide funding for countywide services and the other levies a tax in the unincorporated area to provide funding for Sheriff s services outside city boundaries. Resources from the two law enforcement districts, totaling $35,393,702, were transferred to the Sheriff s fund where all Sheriff s services expenditures are recorded. Combined fund balances of these three major funds decreased by $1,954,828. Road: The fund balance in the Road fund increased by $2,104,533, or 17.3% over the prior year. The Road fund receives the majority of its revenue from the state of Oregon gas tax, vehicle registrations and from the federal secure rural schools program. Much less was spent on road projects due to the anticipated discontinuance of federal funds. Deschutes County 9-1-1 County Service District: The fund balance of Deschutes County 9-1-1 increased 8.0%, or $1,129,649 to a total of $15,249,982 largely due to staff vacancies and turnover. 19 Deschutes County, Oregon Management's Discussion and Analysis June 30, 2015 Behavioral Health: The increase in fund balance of $1,114,716 was due largely to higher than anticipated state revenues to support behavioral health services. The number of Medicaid and Oregon Health Plan eligible patients increased significantly during 2015. Revenues accounted for in the Behavioral Health Fund are paid to the County on a per -capita basis based on eligible population. Funding for a variety of health services is expected to be volatile over the next several years due the introduction of national health care and struggles at the federal level with budget deficits. The combined fund balances of the County's nonmajor special revenue funds decreased by a net of $13,283. However, certain special revenue funds have reported significant changes in fund balance: Community Development Department (CDD) — $805,568 due to a continuing increase in building permit volumes. Accountable Behavioral Health Alliance and OHP — Chemical Dependency net a decrease of $1,052,883, due to decreasing state revenues. The increase in fund balance in the CDD fund reflects the third year of a significant recovery in the real estate development market in Central Oregon. 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, 2015, the net position of the Solid Waste Department was $12,799,291, an increase of $240,574. Of this balance, $16,460,924 is invested in capital assets, net of related debt, an increase of $1,748,037 during Fiscal Year 2015. The operation of the Solid Waste Department provides the resources to be used in future years for the closure and postclosure costs associated with the landfills. The estimate for post closure liability at June 30, 2015 is of $10,144,173. The June 30, 2015 net position of the Fair and Expo Center was $14,915,134, an increase of $2,147,009. The majority of the increase in net position resulted from the reduction in bonded debt of $2,370,000. The County opened its RV Park in July 2007. After an initial near -capacity usage during summer 2007, the effects of the recession have negatively impacted the operations; however, it is expected that with continued focus on marketing efforts, the RV Park will be a profitable enterprise. The unrestricted net position at June 30, 2015, was $59,381. General Fund Budgetary Highlights There were several budget adjustments between the General Fund's original budget and the final budget. Assumptions used for estimating revenues are generally conservative and General Fund actual revenues were $1,178,166 more than estimated. The variance is due to property taxes, charges for services and state and federal payments. The variance between appropriations and expenditures was $884,048, approximately 6.4% of final appropriations. Several unrelated factors contributed to this variance including unfilled positions in several departments and lower than budgeted materials and services expenditures in the Assessor's Office, Clerk's Office and Tax Office. 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, 2015, was $183,956,617, net of accumulated depreciation. The book value of the depreciable assets is 57% of historical cost. This investment in capital assets includes land, buildings, equipment and infrastructure such as roads and bridges. Additional information on Deschutes County's capital assets is included in Note 3.D on pages 51-52 of this report. Long-term debt. As of June 30, 2015, Deschutes County's outstanding bonded debt was $70,940,949, all of which is backed by the full faith and credit of the County. 20 G.O. bonds PERS bonds FF&C obligations Special assessment debt Total Deschutes County, Oregon Management's Discussion and Analysis June 30, 2015 Governmental activities Business -type activities 2015 2014 2015 2014 $ 90,000 10,535,949 42,151,790 $ 175,000 $ 5,130,000 $ 7,435,000 10,799,172 - - 44,682,371 13,376,696 13,782,629 242,269 - - Total 2015 2014 $ 5,220,000 10,535,949 55,528,486 $ 7,610,000 10,799,172 58,465,000 242,269 $ 52,777,739 $ 55,898,813 $ 18,506,696 $ 21,217,629 $ 71,284,435 $ 77,116,441 Deschutes County's bonded debt decreased by $6,175,492 during the fiscal year due to scheduled debt repayments. Moody's Investors Services has assigned a credit rating of Aa3 to Deschutes County's Full Faith & Credit obligations and a credit rating of Aa2 to its general obligation bonds. 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 $25.3 billion, the current debt limitation for Deschutes County is $506,000,000. The County's current general obligation debt of $5,220,000 represents 1.0% of this limitation. Additional information on Deschutes County's long-term debt is included in Note 3.11 on pages 54-56 of this report. Key Economic Factors and Budget Information for the Future • The economic slowdown in the real estate market had a negative impact on Deschutes County in Fiscal Year 2008 through Fiscal Year 2012. The County's Community Development fund had been most affected, with a 60% reduction in the workforce, from 72.80 Full Time Equivalent (FTE) employees to 28.60 FTE. Community Development received a transfer of $1,350,000 from the County's General Fund in Fiscal Year 2012. Increased activity began in Fiscal Year 2013 and has continued through Fiscal Year 2015. This fund's ending fund balance reached $2,154,000 as of June 30, 2015 and it required no transfers from the General Fund. • The County provided the resources, on behalf of a not-for-profit entity, to acquire real property for use as a homeless shelter in 2007. The County collected rent on the facility through Fiscal Year 2014 and sold the property to the not-for-profit during Fiscal Year 2015. The net position of the County's Health Benefits fund increased annually from its inception in Fiscal Year 2001 through Fiscal Year 2009. Beginning in Fiscal Year 2010 and continuing through Fiscal Year 2014, internal insurance premiums were adjusted so that claims and administrative costs exceeded revenues, resulting in a reduction of the net position of this fund. As of June 30, 2015, the fund's net position, $12,126,284, represents an estimated nine months of claims costs. With a 4% increase in the internal premium charged to operating departments for Fiscal Year 2016, the projection is that there will be no significant change in net position over the next Fiscal Year. This fund will continue to be monitored to ensure that it maintains a sufficient balance to protect against unexpected claims. An increase in PERS contribution rates, effective July 1, 2015, will increase the County's expenditure for its defined benefit retirement plans. At current staffing levels, it is projected that FY 2016 and FY 2017 contributions to PERS will exceed FY 2015 amounts by over $1,000,000 in FY 2016 and by a similar amount in FY 2017. The most recent interim valuation issued by PERS in September 2015 indicates that PERS employer rates could increase significantly over the next several rate setting biennia. This expected increase is due to the State Supreme Court decision to nullify the bulk of the cost saving legislative changes from the 2013 legislative session and changes to a number of actuarial assumption changes approved by the PERS Board in 2015. The next rate setting valuation will be completed in the fall of 2016 setting rates for FY 2018 and FY 2019. • The County's Assessed Valuation of Taxable Property increased from Fiscal Year 2015 to Fiscal Year 2016 by 6.3% to approximately $20.9 billion. 21 Deschutes County, Oregon Management's Discussion and Analysis June 30, 2015 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, P.O. Box 6005, 1300 NW Wall Street, Suite 200, Bend, OR 97708. 22 Basic Financial Statements June 30, 2015 Deschutes County, Oregon This page left intentionally blank. Deschutes County, Oregon Statement of Net Position June 30, 2015 ASSETS Current assets: Cash and cash equivalents Investments, at fair value; plus accrued interest Taxes receivable Accounts receivable Notes and contracts receivable, net of allowance Assessments receivable Internal balances (due (to) / from other funds) Inventory Prepaid expenses Total current assets Net pension asset Capital assets: Capital assets not being depreciated: Land Construction in progress Capital assets net of accumulated depreciation: Infrastructure Land improvements Building and improvements Equipment and vehicles Intangible assets Total capital assets Total assets DEFERRED OUTFLOWS OF RESOURCES Deferred charge on refunding Contributions subsequent to measurement date Total deferred outflows of resources See notes to financial statements Totals may not add due to rounding 24 Governmental Business - Type Activities Activities Total $ 29,049,155 90,312,353 2,295,526 4,313,719 3,799,512 366,486 (481,878) 1,661,639 7,000 131,323,512 $ 1,837,931 5,684,802 93,452 638,407 481,878 24,040 155,310 8,915,820 $ 30,887,086 95,997,154 2,388,977 4,952,126 3,799,512 366,486 1,685,680 162,310 140,239,332 13,514,242 399,701 13,913,943 13,637,072 2,391,520 43,408,533 2,392,451 63,286,670 7,346,634 1,074,402 133,537,282 278,375,037 1,045,233 5,107,149 6,152,3 82 1,924,037 4,181,780 18,304,132 23,808,721 2,182,882 17,783 50,419,335 59,734,856 324,256 151,050 475,306 15,561,109 6,573,300 43,408,533 20,696,584 87,095,391 9,529,516 1,092,185 183,956,617 338,109,892 1,369,489 5,258,200 6,627,688 (continued) Deschutes County, Oregon Statement of Net Position June 30, 2015 LIABILITIES Current liabilities: Accounts payable and other current liabilities Accrued interest Unearned revenues Current portion of noncurrent liabilities Total current liabilities Noncurrent liabilities: Compensated leave Net OPEB obligation Bonds and notes payable (net of unamortized premiums and discounts) Accrued claims payable Accrued landfill closure and postclosure costs Less current portion of noncurrent liabilities Total noncurrent liabilities Total liabilities DEFERRED INFLOWS OF RESOURCES Changes in proportion Net difference (projected & actual earnings) Total deferred inflows of resources NET POSITION Net investment in capital assets Restricted for: Capital projects Debt service Public safety Road Health services Unrestricted Total net position See notes to financial statements Totals may not add due to rounding 25 Governmental Business - Type Activities Activities Total $ 6,141,804 $ 698,317 $ 6,840,121 188,997 58,846 247,843 2,807,936 302,593 3,110,529 14,033,993 3,687,014 17,721,007 23,172,730 4,746,770 27,919,500 8,110,443 349,443 8,459,886 17,705,845 649,701 18,355,546 53,582,711 18,790,524 72,373,235 6,487,186 - 6,487,186 - 10,144,173 10,144,173 (14,033,993) (3,687,014) (17,721,007) 71,852,192 26,246,826 98,099,019 95,024,922 30,993,597 126,018,519 701,722 20,754 722,476 26,077,013 771,260 26,848,273 26,778,734 792,015 27,570,749 91,385,492 31,628,811 123,014,302 394,405 - 394,405 307,174 416,356 723,530 25,363,195 - 25,363,195 14,253,622 - 14,253,622 17,455,782 - 17,455,782 13,564,092 (3,620,616) 9,943,475 $ 162,723,763 $ 28,424,552 $ 191,148,313 Deschutes County, Oregon Statement of Activities Fiscal Year Ended June 30, 2015 General revenues: Taxes: Property taxes, levied for general purposes Property taxes, levied for sheriff services Property taxes, levied for bonded debt Transient room tax Investment earnings Transfers Total general revenues and transfers Change in net position Net position - Beginning (as previously reported) Less prior period adjustments Net position - Beginning (as restated) Net position - ending See notes to financial statements Totals may not add due to rounding 26 31,747,666 31,747,666 26,640,494 - Net (Expense) Revenue and 97,428 2,623,509 2,720,937 Program Revenues - Changes in Net Position 1,188,209 71,740 Fees, Fines and Operating Capital Grants - 64,362,692 3,254,554 67,617,246 22,560,704 Charges for Grants and and Governmental Business -type Activities Expenses Services Contributions Contributions Activities Activities Total Governmental General government $ 24,792,417 $ 14,463,863 $ 2,972,287 $ - $ (7,356,268) $ - $ (7,356,268) Public safety 46,351,357 6,051,487 8,502,768 43,034 (31,754,069) - (31,754,069) County roads 16,818,974 17,690,071 - - 871,097 - 871,097 Health services 31,944,749 1,836,516 28,780,908 150,192 (1,177,133) - (1,177,133) Education 656,218 - 656,000 - (218) - (218) Interest and fiscal charges 2,385,397 - - - (2,385,397) -(2,385,397) Total governmental activities 122,949,114 40,041,937 40,911,962 193,226 (41,801,988) - (41,801,988) Business -type: Solid Waste 7,614,444 8,088,089 - - - 473,645 473,645 Fair and Expo Center 3,466,338 2,257,064 51,244 - (1,158,031) (1,158,031) RV Park 473,792 346,987 - - (126,805) (126,805) Total business -type activities 11,554,573 10,692,140 51,244 - - (811,190) (811,190) Total $ 134,503,687 $ 50,734,077 $ 40,963,206 $ 193,226 $ (41,801,988) $ (811,190) $ (42,613,178) General revenues: Taxes: Property taxes, levied for general purposes Property taxes, levied for sheriff services Property taxes, levied for bonded debt Transient room tax Investment earnings Transfers Total general revenues and transfers Change in net position Net position - Beginning (as previously reported) Less prior period adjustments Net position - Beginning (as restated) Net position - ending See notes to financial statements Totals may not add due to rounding 26 31,747,666 31,747,666 26,640,494 - 26,640,494 97,428 2,623,509 2,720,937 5,248,200 - 5,248,200 1,188,209 71,740 1,259,950 (559,305) 559,305 - 64,362,692 3,254,554 67,617,246 22,560,704 2,443,364 25,004,068 177,292,478 26,744,928 204,037,406 (37,129,420) (763,740) (37,893,160) 140,163,058 25,981,188 166,144,246 $ 162,723,763 $ 28,424,552 $191,148,314 This page left intentionally blank. Deschutes County, Oregon Governmental Funds Balance Sheet June 30, 2015 ASSETS Cash and cash equivalents Investments, at fair value; plus accrued interest Taxes receivable Accounts receivable Notes and contracts receivable Assessments receivable Inventory Total assets LIABILITIES Accounts payable Due to other funds Deposits Unearned revenue Total liabilities Countywide Law Rural Law Enforcement Enforcement General Fund Sheriff District District $ 4,860,505 $ 79,057 $ 1,266,381 $ 1,089,089 15,109,712 245,578 3,938,001 3,386,474 709,675 - 507,285 244,269 422,080 10,276 198,975 187,591 2,910,140 - - - $ 24,012,112 $ 334,911 $ 5,910,643 $ 4,907,423 $ 1,015,949 $ 334,911 $ - 481,878 - - 11,016 - - 1,770,162 - 33,452 3,279,005 334,911 33,452 DEFERRED INFLOWS OF RESOURCES Unavailable revenue - property taxes 633,654 Unavailable revenue - special assessments - Unavailable revenue - contracts of sale 2,393,617 Total deferred inflows of resources 3,027,271 FUND BALANCES - 453,300 218,100 - 453,300 218,100 Nonspendable 516,523 - - - Restricted - - 5,423,891 4,689,322 Committed 1,782,674 - - - Assigned 6,222,698 - - - Unassigned 9,183,941 - - - Total fund balances 17,705,836 - 5,423,891 4,689,322 Total liabilities, deferred inflows of resources and fund balances $ 24,012,112 $ 334,911 $ 5,910,643 $ 4,907,423 See notes to financial statements (continued) Totals may not add due to rounding 28 Deschutes County, Oregon Governmental Funds Balance Sheet June 30, 2015 Des County Other Total 9-1-1 Co Behaviorial Governmental Governmental Road Sery Dist Health Funds Funds $ 3,411,626 $ 3,663,994 $ 1,182,949 $ 8,311,777 $ 23,865,378 10,604,722 11,393,026 3,677,395 25,838,724 74,193,631 - 194,055 - 640,242 2,295,526 651,233 207,444 478,586 2,019,034 4,175,219 - - - 889,372 3,799,512 366,486 - - - 366,486 1,661,639 - - - 1,661,639 $ 16,695,706 $ 15,458,519 $ 5,338,931 $ 37,699,148 $ 110,357,392 $ 2,075,597 $ 34,691 $ 831,649 $ 1,161,850 $ 5,454,647 - - - - 481,878 - - - - 11,016 - - 467,081 525,370 2,796,064 2,075,597 34,691 1,298,730 1,687,219 8,743,606 - 173,846 366,486 - 366,486 173,846 13,293 1,492,194 - 366,486 8,390 2,402,007 21,684 4,260,687 1,661,639 - - 880,982 3,059,145 12,591,983 15,249,982 4,040,201 20,665,668 62,661,047 - - - 14,443,595 16,226,269 - 6,222,698 - - - - 9,183,941 14,253,622 15,249,982 4,040,201 35,990,245 97,353,099 $ 16,695,706 $ 15,458,519 $ 5,338,931 $ 37,699,148 $ 110,357,392 See notes to financial statements Totals may not add due to rounding 29 This page left intentionally blank. Deschutes County, Oregon Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Position June 30, 2015 Total fund balances for governmental funds Amounts reported for governmental activities in the statement of net position are different because: Capital assets used in governmental activities are not financial resources and, therefore, are not reported in the funds. Deferred Outflows of Resources Contributions subsequent to Measurement Date (Pension Plan) Debt refunding costs Net pension asset is not an available resource and, therefore is not reported in the funds 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 net position of the internal services funds is included in governmental activities in the statement of net position. 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 inflows of resources in the funds. Noncurrent 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 bonds and notes payable is not accrued in governmental funds, but rather is recognized as an expenditure when due. All liabilities, current and noncurrent, are reported in the statement of net position. Balances at June 30, 2015, are: Accrued interest on bonds and notes payable Bonds and notes payable Unamortized premium and discount on bonds Net OPEB obligation Compensated leave Noncurrent liabilities and accrued interest Deferred inflows of resources Net difference between projected and actual earnings on investments Changes in proportion and differences between employer contributions and proportionate share of contributions Net position of governmental activities See notes to financial statements Totals may not add due to rounding 31 $ (188,997) (52,777,739) (804,972) (16,190,543) (7,096,039) 97,353,099 133,252,460 4,690,428 1,045,233 12,411,539 11,362,312 4,260,687 (77,058,290) (23,949,242) (644,464) $ 162,723,763 Deschutes County, Oregon Governmental Funds Statement of Revenues, Expenditures, and Changes in Fund Balances Year Ended June 30, 2015 REVENUES Taxes - property Taxes - other Licenses and permits Fines, forfeitures and penalties Special assessments Investment earnings Rents Intergovernmental Charges for services Contributions and donations Payments on contracts of sale Other Total revenues EXPENDITURES Current: General government Public safety County roads Health and welfare Education Debt service: Principal payments Interest Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures 13,422,157 6,002,330 330,582 34,313,909 23,557,242 12,872,334 3,424 - - - 709,274 613,587 - - 20,467,768 34,927,496 23,557,242 12,872,334 12,075,502 455,031 (2,157,534) 202,706 OTHER FINANCING SOURCES (USES) Transfers in 1,138,008 - Transfers out (11,733,355) (455,031) Total other financing sources and uses (10,595,347) (455,031) Net change in fund balances 1,480,154 Fund balance - Beginning of year 15,681,597 Plus (less) prior period adjustments 544,085 Fund balance - Beginning of year, restated 16,225,682 Fund balances - ending $ 17,705,836 See notes to financial statements Totals may not add due to rounding 32 (2,157,534) 202,706 - 7,581,425 4,486,616 7,581,425 4,486,616 $ 5,423,891 $ 4,689,322 (continued) Countywide Law Rural Law Enforcement Enforcement General Fund Sheriff District District $ 24,641,817 $ - $ 18,126,156 $ 8,645,185 31,975 - - - 8,302 - 485,243 154,368 313,735 - 67,573 44,632 481,567 - - - 3,902,490 35,382,527 2,485,617 4,181,461 1,954,743 - 188,849 10,553 59,030 - 43,417 17,030 74,654 - - - 1,074,956 - 2,855 21,811 32,543,269 35,382,527 21,399,709 13,075,040 13,422,157 6,002,330 330,582 34,313,909 23,557,242 12,872,334 3,424 - - - 709,274 613,587 - - 20,467,768 34,927,496 23,557,242 12,872,334 12,075,502 455,031 (2,157,534) 202,706 OTHER FINANCING SOURCES (USES) Transfers in 1,138,008 - Transfers out (11,733,355) (455,031) Total other financing sources and uses (10,595,347) (455,031) Net change in fund balances 1,480,154 Fund balance - Beginning of year 15,681,597 Plus (less) prior period adjustments 544,085 Fund balance - Beginning of year, restated 16,225,682 Fund balances - ending $ 17,705,836 See notes to financial statements Totals may not add due to rounding 32 (2,157,534) 202,706 - 7,581,425 4,486,616 7,581,425 4,486,616 $ 5,423,891 $ 4,689,322 (continued) Deschutes County, Oregon Governmental Funds Statement of Revenues, Expenditures, and Changes in Fund Balances Year Ended June 30, 2015 - Deschutes - Other Total - County 9-1-1 Behavioral Governmental Governmental Road Co Sery Dist Health Funds Funds S - $ 6,856,163 $ - $ 526,132 $ 58,795,453 - - - 5,248,200 5,248,200 - - 134,872 1,228,382 1,395,229 - - - 1,065,366 1,713,279 116,946 - - - 116,946 134,824 118,611 39,989 324,470 1,043,835 1,201 - 11,612 1,262,950 1,757,330 15,433,978 887,792 9,090,625 26,490,238 97,854,728 1,277,519 374,524 11,556,895 9,214,165 24,577,248 - - 477,478 88,462 685,417 - - - 7,557 82,210 - - - - 1,099,622 16,964,469 8,237,091 21,311,470 45,455,921 194,369,496 - - - 11,606,292 25,028,450 - 6,872,643 - 5,389,044 89,007,502 13,878,750 - - 916,841 14,795,591 - - 21,374,774 24,390,738 46,096,095 - - - 656,218 656,218 105,948 - - 3,164,465 3,270,413 606 - - 2,350,071 2,354,101 2,172,788 234,798 181,976 2,994,336 6,906,759 16,158,092 7,107,441 21,556,751 51,468,005 188,115,128 806,377 1,129,649 (245,280) (6,012,083) 6,254,367 1,298,156 1,298,156 1,564,896 10, 541, 845 14, 542, 905 - (204,900) (2,957,343) (15,350,629) 1,359,996 7,584,502 (807,724) 2,104,533 1,129,649 1,114,716 1,572,419 5,446,643 12,149,090 14,120,332 2,925,485 37,624,663 94,569,208 - - - (3,206,837) (2,662,752) 12,149,090 14,120,332 2,925,485 34,417,826 91,906,456 $ 14,253,622 $ 15,249,982 $ 4,040,201 $ 35,990,245 $ 97,353,099 See notes to financial statements Totals may not add due to rounding 33 This page left intentionally blank. Deschutes County, Oregon Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities Fiscal Year Ended June 30, 2015 Net change in fund balances - total governmental funds $ 5,446,643 Financial resources provided that are not revenues Payments on land sale contracts (200,207) Financial resources used that are not expenses Repayments on long-term debt 3,270,413 Acquisition of capital assets 7,477,273 10,747,686 Other adjustments: non-cash revenues and expenses and changes in accruals and deferrals Depreciation and amortization expense (8,406,293) Reduction of note receivable in exchange for SDCs (60,000) Pension (Expense) 11,533,560 Contributions to pension plan, susbsequent to measurement date 4,690,428 Amortization of deferred debt refunding cost (86,622) Amortization of bond premium / (discount), net 43,182 Book value of capital assets sold, retired or transferred (52,696) Donation of land 40,000 Allowance for uncollectible (314,640) Decrease in interest payable 8,720 Decrease in deferred property taxes (309,865) Increase in net OPEB obligation (1,671,529) Decrease in compensated leave 159,348 5,573,594 Internal service funds 992,989 Total Adjustments - year ended June 30, 2015 17,114,062 Change in net position of governmental activities - year ended June 30, 2015 $ 22,560,704 See notes to financial statements Totals may not add due to rounding 35 Deschutes County, Oregon Proprietary Funds Statement of Net Position June 30, 2015 Noncurrent liabilities: Compensated leave Net OPEB obligation Bonds and notes payable (net of unamortized premiums and discounts) Accrued claims payable Accrued landfill closure and postclosure costs Less current portion of non-current liabilities Total noncurrent liabilities Total liabilities See notes to financial statements Totals may not add due to rounding 199,838 429,802 10,413,457 149,605 219,899 349,443 1,014,404 649,701 1,515,302 6,308,308 2,068,760 18,790,524 - - - - 6,487,186 10,144,173 - - 10,144,173 - (717,786) (2,806,941) (162,287) (3,687,014) (4,878,225) 20,469,484 3,870,870 1,906,473 26,246,826 4,138,666 21,846,500 7,054,350 2,092,747 30,993,597 9,704,904 36 (continued) Enterprise Funds Fair & Expo Internal Solid Waste Center RV Park Total Service Funds ASSETS Current assets: Cash and cash equivalents $ 1,605,806 $ 211,611 $ 20,514 $ 1,837,931 $ 5,183,777 Investments, plus accrued interest 4,984,785 637,163 62,854 5,684,802 16,118,722 Accounts receivable 604,200 34,207 - 638,407 138,500 Taxes receivable - 93,452 - 93,452 - Due from other funds 481,878 - - 481,878 - Inventory - 24,040 - 24,040 - Prepaid expenses - 155,310 - 155,310 7,000 Total current assets 7,676,668 1,155,784 83,368 8,915,820 21,447,999 Noncurrent assets: Net pension asset 234,861 164,840 - 399,701 1,102,703 Capital assets: Capital assets not being depreciated: Land 1,791,352 132,685 - 1,924,037 - Construction in progress 4,136,780 45,000 - 4,181,780 - Capital assets net of accumulated depreciation: Land improvements 10,980,907 5,367,054 1,956,170 18,304,132 32,761 Buildings and improvements 8,064,006 14,981,381 763,334 23,808,721 - Equipment and vehicles 1,883,552 299,330 - 2,182,882 252,060 Intangible 17,783 - - 17,783 - Total capital assets 26,874,380 20,825,450 2,719,504 50,419,335 284,821 Total assets 34,785,909 22,146,074 2,802,872 59,734,856 22,835,523 DEFERRED OUTFLOWS OF RESOURCES Deferred charge on refunding 236,507 87,749 - 324,256 - Contributions subsequent to measurement date 88,756 62,294 - 151,050 416,721 Total deferred outlows of resources 325,263 150,043 - 475,306 416,721 LIABILITIES Current liabilities: Accounts payable 628,711 52,424 17,181 698,317 687,157 Accrued interest 30,519 21,521 6,805 58,846 - Unearned revenues - 302,593 - 302,593 855 Current portion of noncurrent liabilities 717,786 2,806,941 162,287 3,687,014 4,878,225 Total current liabilities 1,377,016 31183,480 186,274 4,746,770 5,566,238 Noncurrent liabilities: Compensated leave Net OPEB obligation Bonds and notes payable (net of unamortized premiums and discounts) Accrued claims payable Accrued landfill closure and postclosure costs Less current portion of non-current liabilities Total noncurrent liabilities Total liabilities See notes to financial statements Totals may not add due to rounding 199,838 429,802 10,413,457 149,605 219,899 349,443 1,014,404 649,701 1,515,302 6,308,308 2,068,760 18,790,524 - - - - 6,487,186 10,144,173 - - 10,144,173 - (717,786) (2,806,941) (162,287) (3,687,014) (4,878,225) 20,469,484 3,870,870 1,906,473 26,246,826 4,138,666 21,846,500 7,054,350 2,092,747 30,993,597 9,704,904 36 (continued) Deschutes County, Oregon Proprietary Funds Statement of Net Position June 30, 2015 Enterprise Funds Fair & Expo Internal Solid Waste Center RV Park Total Service Funds DEFERRED INFLOWS OF RESOURCES Changes in proportion 12,195 8,559 - 20,754 57,257 Net difference (projected & actual earnings) 453,186 318,074 - 771,260 2,127,771 Total deferred inflows of resources 465,381 326,633 - 792,015 2,185,028 NET POSITION Net investment in capital assets 16,460,924 14,517,143 650,744 31,628,811 284,821 Restricted for debt service - 416,356 - 416,356 - Unrestricted (3,661,632) (18,365) 59,381 (3,620,616) 11,077,491 Total net position $ 12,799,291 $ 14,915,134 $ 710,125 $ 28,424,551 $ 11,362,312 See notes to financial statements Totals may not add due to rounding 37 Deschutes County, Oregon Proprietary Funds Statement of Revenues, Expenses, and Changes in Net Position Year Ended June 30, 2015 OPERATING EXPENSES Personnel 1,622,288 Enterprise Funds 2,594,241 7,100,394 Materials and services 3,154,326 Fair & Expo 5,050,839 Internal Landfill closure/postclosure care costs Solid Waste Center RV Park Total Service Funds OPERATING REVENUES 2,020,958 698,107 128,820 2,847,885 104,767 Charges for services $ 8,059,303 $ 2,257,064 $ 344,912 $ 10,661,278 $ 32,993,602 Miscellaneous 28,786 - 2,075 30,861 - Total operating revenues 8,088,089 2,257,064 346,987 10,692,140 32,993,602 OPERATING EXPENSES Personnel 1,622,288 971,953 - 2,594,241 7,100,394 Materials and services 3,154,326 1,636,213 260,300 5,050,839 25,195,744 Landfill closure/postclosure care costs 396,189 - - 396,189 - Depreciation 2,020,958 698,107 128,820 2,847,885 104,767 Total operating expenses 7,193,761 3,306,274 389,119 10,889,154 32,400,905 Operating income (loss) NONOPERATING REVENUES (EXPENSES) 894,328 (1,049,210) (42,132) (197,014) 592,697 Grants - 51,244 - 51,244 - Property taxes - 2,623,509 - 2,623,509 - Investment earnings 65,085 5,857 799 71,740 151,872 Interest expense (384,969) (160,064) (84,672) (629,705) - Gain (loss) on sale of capital assets (35,714) - - (35,714) - Total nonoperating revenues (expenses) (355,598) 2,520,545 (83,873) 2,081,073 151,872 Income (loss) before transfers 538,730 1,471,335 (126,006) 1,884,059 744,569 OTHER FINANCING SOURCES (USES) Transfers in - 675,674 181,787 857,461 296,000 Transfers out (298,156) - - (298,156) (47,580) Net other financing sources (uses) (298,156) 675,674 181,787 559,305 248,420 Change in net position 240,574 2,147,009 55,781 2,443,363 992,989 Net position - beginning (as previously reported) 13,007,486 13,083,098 654,344 26,744,928 12,476,348 Prior Period Adjustment GASB #68 (448,767) (314,973) - (763,740) (2,107,024) Net position - Beginning (as restated) 12,558,718 12,768,125 654,344 25,981,188 10,369,323 Net position - ending $ 12,799,292 $ 14,915,134 $ 710,125 $ 28,424,551 $ 11,362,312 See notes to financial statements Totals may not add due to rounding 38 Deschutes County, Oregon Proprietary Funds Statement of Cash Flows Year Ended June 30, 2015 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 loan repayments Transfers in Transfers out Net cash provided (used) by noncapital financing activities Enterprise Funds Fair & Expo Internal Solid Waste Center RV Park Total Service Funds $ 8,026,149 $ 2,304,472 $ 346,987 $ 10,677,609 $ 33,181,766 (1,856,302) (1,131,951) - (2,988,253) (8,283,971) (3,174,320) (1,656,181) (264,080) (5,094,581) (22,850,969) 2,995,528 (483,660) 82,907 2,594,775 2,046,826 - 2,674,264 2,674,264 - 51,244 51,244 - 2,202,102 - - 2,202,102 - - 675,674 181,787 857,461 106,000 (298,156) - - (298,156) 142,420 1,903,946 3,401,182 181,787 5,486,914 248,420 CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Acquisition and construction of capital assets (2,976,305) (68,998) (3,045,304) (99,713) Proceeds from sale of capital assets 30,000 30,000 - Principal paid on capital debt (546,417) (2,370,042) (156,495) (3,072,954) - Interest paid on capital debt (383,376) (198,772) (85,192) (667,340) Net cash provided (used) by capital and related financing activities (3,876,098) (2,637,812) (241,687) (6,755,597) (99,713) 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 (loss) to net cash provided (used) by operating activities: Depreciation expense Change in operating accruals Receivables Prepaid expenses Defined benefit pension accounts (NPL,DOR & DIR) Accounts payable Claims payable Unearned revenues Compensated lave OPEB obligation Accrued closure / postclosure Net cash provided (used) by operating activities NONCASH INVESTING ACTIVITIES Change in fair value of investments See notes to financial statements Totals may not add due to rounding (1,663,662) (296,863) (28,437) (1,988,962) (4,692,492) 45,355 31965 615 49,935 114,993 (1,618,307) (292,898) (27,822) (1,939,027) (4,577,499) (594,932) (13,187) (4,816) (612,935) (2,381,966) 2,200,737 224,799 23,652 2,449,188 7,565,743 $ 1,605,806 $ 211,611 $ 20,514 $ 1,837,931 $ 5,183,777 $ 894,328 $ (1,049,210) $ (42,132) $ (197,014) $ 592,697 2,020,958 698,107 128,820 2,847,885 104,767 (61,940) 12,039 (49,900) 191,490 - (35,501) (35,501) - (307,003) (215,474) (522,477) (1,441,421) (19,994) 14,077 (3,780) (9,697) 52,497 - - - 2,292,279 - 35,369 35,369 (3,326) 30,197 21,324 51,521 109,791 42,792 35,608 78,401 148,052 396,189 - - 396,189 - $ 2,995,528 $ (483,660) $ 82,907 $ 2,594,775 $ 2,046,826 $ 4,010 $ 537 $ 53 $ 4,601 $ 12,765 39 Deschutes County, Oregon Statement of Assets and Liabilities Fiduciary Funds June 30, 2015 ASSETS Cash and cash equivalents Investments, at fair value; plus accrued interest Accounts receivable Total assets LIABILITIES Accounts payable Due to other governments Due to others Total liabilities See notes to financial statements Totals may not add due to rounding 40 Agency Fund $ 2,861,243 8,663,228 106,416 $ 11,630,887 574,973 1,040,843 10,015,070 $ 11,630,887 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 Note 1— Summary of Significant Accounting Policies A. Reporting Entity 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 five (5) component units, entities for which the County is considered to be financially accountable and for which a financial benefit or burden exists. Blended component units, although legally separate entities, are, in substance, part of the County's operations. The Board of County Commissioners is the governing body for each component unit. Following is a brief description of each blended component unit included within the reporting entity. Countywide Law Enforcement District (District #1) — The District contracts with Deschutes County for law enforcement services that are provided to all County residents. Rural Law Enforcement District (District #2) — The District contracts with Deschutes County for patrol services in those portions of Deschutes County not serviced by city or special district law enforcement departments. Deschutes County 9-1-1 Service District—Operates the County 9-1-1 call center. Deschutes County Extension and 4-H Service District — Provides resources for support staff and a program coordinator for Oregon State University Extension Service. Sunriver Library County Service District — Established for the purpose of constructing a library and repaying the general obligation bonds issued to finance the cost of construction. The component units, described above, have been included in these financial statements. Component units' individual audited financial statements are 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, financial control and have a financial benefit or burden. 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, consisting of the Statement of Net Position 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 are supported primarily by taxes and intergovernmental revenues, are reported separately from business -type activities, which rely to a significant extent on fees and charges for support. 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. Fiduciary funds are excluded from the government -wide financial statements. Major individual governmental and enterprise funds are reported in separate columns in the fund financial statements. 41 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 C. Measurement Focus, Basis of Accounting and Financial Statement Presentation The accounting and financial reporting treatment is determined by the applicable measurement focus and basis of accounting. Measurement focus indicates the type of resources being measured such as current financial resources or economic resources. The basis of accounting indicates the timing of transactions or events for recognition in financial statements. The government -wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting, as are the proprietary 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. Non-exchange transactions, in which the County gives, or receives, value without directly receiving or giving equal value in exchange, include property taxes, grants, entitlements and donations. Grants and similar items are recognized as revenue if all eligibility requirements imposed by the provider have been met. The governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the fiscal year or soon enough after to pay liabilities of the current fiscal year. For this purpose, the County considers revenues to be available if they are collected within 60 days of the end of the fiscal year. Expenditure - driven grants are recorded as revenue when the qualifying expenditures have been incurred and all other grant requirements have been met. Expenditures are generally recorded when a liability is incurred, as under accrual accounting. However, debt service, compensated absences, certain post -employment benefits, and claims and judgments expenditures are recorded at the time such payment is due. Capital asset transactions are reported as expenditures in governmental funds. Proceeds of general long-term debt and financing from capital leases are reported as other financing sources. Property taxes, transient room taxes, licenses and interest associated with the current fiscal year are all considered to be susceptible to accrual and so have been recognized as revenues of the current fiscal year. Only the portion of special assessments receivable, due within the current fiscal year, is considered to be susceptible to accrual as revenue of the current fiscal year. All other revenue items are considered to be measureable and available only when cash is received by the County. Fiduciary funds, which are all agency funds, have no measurement focus, but utilize the accrual basis of accounting for purposes of asset and liability recognition. The accounts of the County are organized on a fund basis. A fund is an independent fiscal and accounting entity with a self -balancing set of accounts recording assets, deferred outflows of resources, liabilities, deferred inflows of resources, revenues and expenditures. Separate statements for each fund category — governmental, proprietary or fiduciary — are presented. The County also maintains certain additional sub -funds for its own specific management needs. These sub -funds are combined into the appropriate fund for financial statement purposes as required by accounting principles generally accepted in the United States of America. Major Funds Governmental Funds — the County reports the following major governmental funds: General Fund. The financial resources of the general government are accounted for in the General Fund and in sub -funds of the General Fund, except those that are accounted for in another fund. The General Fund's primary revenue sources are property taxes, Federal and State of Oregon payments and fees for services. The major expenditure category is general government services. Sheriff's Office. The payments received, pursuant to intergovernmental agreements with the Countywide Law Enforcement District and Rural Law Enforcement District, are accounted for in the Deschutes County Sheriff's Fund. Activities of the Sheriffs Office include corrections, patrol, investigations, records, search and rescue activities, court security, and administration. Countywide Law Enforcement District (District #1). All resources, including property taxes, arising from countywide law enforcement activities are accounted for in this fund. The expenditures are limited to payments made to Deschutes County, pursuant to an intergovernmental agreement, for countywide law enforcement services. 42 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 Rural Law Enforcement District (District #2). All resources, including property taxes, arising from rural law enforcement activities are accounted for in this fund. The expenditures are limited to payments made to Deschutes County, pursuant to an intergovernmental agreement for patrol services in those portions of Deschutes County not served by city or special service district law enforcement departments. Road. The financial resources, primarily Federal Forest Receipts, Federal Payment in Lieu of Taxes and State Motor Vehicle revenue, of the County's Road Department are used for the building, repair and maintenance of the County's roads, bridges, culverts, street lighting and drainage. Deschutes County 9-1-1 County Service District. All resources, including property taxes, arising from the 9-1-1 activities, the County's emergency call center, are accounted for in this fund. Behavioral Health. The financial resources, primarily fees for services and grants from the State of Oregon and federal government, are used to provide mental health services and counseling. Enterprise Funds - The County operates three enterprise activities, two of which have been determined to be major. 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 and the collection of property taxes to pay the debt service on the general obligation bonds. The bonds were issued in FY 1997 to finance the construction of the fairgrounds. Additionally, the County reports the following fund types: Internal service funds account for the building, administrative, county commission, 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, escrow for developers, funds prior to adjudication, inter -governmental law enforcement activities, justice court and various other collection and escrow activities. 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. General revenues include all taxes and investment earnings. 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 the RV Park, Solid Waste and Fair & Expo Center are payments received from third parties 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, all of which are agency funds that account for "pass-through" transactions, the County adopts annual budgets for each of its funds, and sub -funds as determined appropriate, as required by State law. The resolution, authorizing appropriations for each fund, sets the level by which expenditures cannot lawfully exceed appropriations. The levels of control established by the resolution are: personnel services, materials and services, debt service, capital outlay and transfers out. The County's published budget contains more specific detailed information for the above mentioned expenditure categories. Unexpected additional resources may be added to the budget through the use of a supplemental 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. 43 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 E. Assets, Deferred Outflows of Resources, Liabilities, Deferred Inflows of Resources and Net Position/Fund Balance 1. Cash and cash equivalents and investments Cash and cash equivalents are considered to be cash on hand, demand deposits and short-term investments with original maturities of three months or less from date of acquisition. The cash balances of substantially all funds, including the agency 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, 2015, based on market prices and include accrued interest. Earnings on the pooled monies are apportioned and credited to each fund 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 uncollectible amounts. 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 taxing 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 and prepaid expenses 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 and in the Fair & Expo Center Fund. Certain payments to vendors reflect costs applicable to future accounting periods and are reported as prepaid expenses. 4. Capital assets Capital assets, which include property, plant, equipment, infrastructure (e.g. roads, bridges, sidewalks and similar items) and intangible assets, are reported in the applicable governmental or business -type activities columns in the government -wide statement of net position. Capital assets are those assets with an initial individual cost of $5,000 or more and an estimated useful life in excess of one year. Such assets are recorded at historical cost or estimated historical cost, if constructed. The County reports infrastructure assets on a network and subsystem basis. The amounts spent for the construction or acquisition of infrastructure assets are capitalized and reported in the government -wide financial statements. General infrastructure assets (i.e., those reported by governmental activities) include all such items acquired or constructed in fiscal years ending after June 30, 1980. Historical cost was estimated by backtrending (i.e., estimating the current replacement cost of the infrastructure to be capitalized and using an appropriate price -level index to deflate the cost to the acquisition year). The cost of normal repairs, maintenance and remodel that do not add to the value of the asset or materially extend asset lives are not capitalized. Donated capital assets are recorded at their fair value at the date of donation. Capital assets are depreciated using the straight-line method over the following estimated useful lives: Assets Years Buildings 30-60 Building improvements 10-15 Land improvements 10-30 Equipment and vehicles 3-20 Infrastructure 20-50 Intangibles 5 44 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 5. Deferred outflows/ inflows of resources In addition to assets, the government -wide statement of net position and proprietary funds statement of net position will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net position that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then. The County reports two items in this category — the deferred charge on refunding debt and the contributions to the PERS retirement plan made subsequent to the measurement date. In addition to liabilities, the government -wide statement of net position and/or the governmental funds balance sheets will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net position that applies to future period(s) and so will not be recognized as an inflow of resources (revenue) until that time. Deferred inflows of resources, as a result of the accounting for the County's defined benefit retirement plans, are reported on the government -wide statement of net position and proprietary funds statement of net position. Deferred inflows of resources are reported on the governmental funds balance sheets as a result of reporting using the modified accrual method. The government funds report unavailable revenues from three sources: property taxes, special assessments and contracts of sale. These amounts are deferred and recognized as an inflow of resources in the period the amounts become available. 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), compensatory time and sick leave. 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 any sick leave earned 2) Employees who are members of the Public Works union receive one-half of any 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 funds statement of net position and the government -wide statement of net position. 7. Pension plans For purposes of measuring the net pension liability (asset) and pension expense, information about the fiduciary net position of the Oregon Public Employee Retirement System cost-sharing multiple employer defined benefit pension plan (benefit plan) and additions to/deductions from the benefit plan's fiduciary net position have been determined on the same basis as they are reported by the benefit plan. For this purpose, benefit payments (including refunds of employee contributions) are recognized when due and payable in accordance with the benefit terms. Investments are reported at fair value. 8. Net other post -employment benefits obligation (Net OPEB obligation) The net OPEB obligation is recognized as a long-term liability in the proprietary statement of net position and in the government -wide statement of net position. The liability reflects the present value of expected future payments. 9. Long-term obligations Long-term debt and other long-term obligations are reported as liabilities in the government -wide statement of net position in the applicable governmental activities and business -type activities columns and in the proprietary funds statement of net position. Bond premiums and bond discounts are amortized over the life of the bonds using the straight-line method. 10. Fund balance reporting The County reports its governmental fund balances in accordance with GASB 54, Fund Balance Reporting and Governmental Fund Type Definitions. Under GASB 54, fund balances are required to be reported according to the following classifications: Nonspendable fund balance — includes amounts that cannot be spent because they are either not in spendable form, or, for legal or contractual reasons, must be kept intact. This classification includes inventories, prepaid amounts, assets held for sale and long-term receivables. 45 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 Restricted fund balance — constraints placed on the use of these resources are either externally imposed by creditors (such as through debt covenants), grantors, contributors or other governments; or are imposed by law (through constitutional provisions or enabling legislation). Committed fund balance — amounts that can be used only for specific purposes because of a resolution approved by the County's highest level of decision-making authority, the Board of County Commissioners. Such constraint remains legally binding unless removed in the same manner. Assigned fund balance — amounts that are constrained by the County's intent to be used for specific purposes, but that do not meet the criteria to be classified as restricted or committed. Intent is stipulated by the Board of County Commissioners or the department head with budgetary responsibility for such fund. This policy is established by the Financial Policies approved by the Board of County Commissioners August 22, 2011. Unassigned fund balance — this is the residual classification of the General Fund. Only the General Fund reports a positive unassigned fund balance. A negative balance must be reported in this classification for governmental funds, other than the General Fund, as the result of overspending for specific purposes for which amounts had been restricted, committed or assigned. The County reduces restricted amounts, if any, first when expenditures are incurred for purposes for which restricted and unrestricted (committed, assigned, or unassigned) amounts are available. The County next reduces committed amounts, followed by assigned amounts then unassigned amounts when expenditures are incurred for purposes for which amounts in any of those restricted fund balance classifications could be used. 11. Adoption of new GASB pronouncements In June 2012, the GASB issued Statement No. 68, Accounting and Financial Reporting for Pensions and in November 2013, GASB Statement No. 71, Pension Transition for Contributions Made Subsequent to the Measurement Date. These statements provide guidance for accounting for net pension liabilities / (assets), including definition of balances to be included in deferred inflows and deferred outflows of resources. The specific accounts impacting the County are detailed below. Net pension liability (asset) — Previous standards defined pension liabilities in terms of Annually Required Contribution. Statement No. 68 defines the net pension liability as the portion of the actuarial present value of projected benefit payments that is attributed to past periods of employee service, net of the pension plan's fiduciary net position. Deferred inflows of resources and deferred outflows of resources — Statement No. 68 and Statement No. 71 require recognition of deferred inflows and outflows of resources associated with the difference between projected and actual earnings on pension plan investments, differences between expected and actual economic and demographic factors, changes in employer proportion, differences between employer contributions and proportionate share of contributions, changes in assumptions about future economic or demographic factors and contributions subsequent to the measurement period. These differences are to be recognized in pension expense using a systematic and rational method over the appropriate closed multiyear period. Statement No. 68 is effective for financial statement periods beginning after June 15, 2014, with the effects of accounting change to be applied retroactively by restating the financial statements. The County adopted this pronouncement in the current year and, accordingly, has restated amounts of effected balances within the financial statements as of June 30, 2014. Note 2 — Stewardship, Compliance and Accountability A. Budgetary Information On an annual basis, County department personnel submit requested budgets for each fund for which they are responsible. Requested budgets, which include estimated revenues and appropriations of the estimated revenues, are submitted to the Budget Officer, who is appointed by the Board of County Commissioners. The Budget Officer then prepares the proposed budget, by fund, department, program, category and line item. The proposed budget includes information on the prior two years' actual revenues and expenditures, the current year budget and estimated resources and requested appropriations for the ensuing year. 46 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 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 approved budget to the governing body of the County for adoption. 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 ad valorem taxes without re -publication of the budget and another public hearing. After the budget is adopted, changes to 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, unlawful to overspend a category of 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. Funds with Negative Fund Balances / Negative Net Position Negative net position is reported in seven of the Internal Service Funds: Building Services — $305,230, Administrative Services — $246,003, Board of County Commissioners - $64,592, Finance $48,241, Legal — $163,928, Information Technology $343,731 and Insurance $645,270. For each of the funds listed above, with the exception of Insurance, such negative net position balances are due to (1) the recognition of the noncurrent liabilities and (2) recording deferred inflows of resources related to the application of GASB 68. It will be necessary to expend future resources to satisfy the noncurrent liabilities. The amortization in future periods of the deferred inflows of resources will increase net position. The premiums paid internally to the Insurance fund are set based on a long range average of claims experience. Events which occurred in FY 2015 could result in claims expense in excess of the average. Resources will be provided to the Insurance fund through a combination of increased premiums and a one-time transfer from reserves to return the net position to meet the County's fiscal fund balance requirement. Note 3 — 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 County's deposits may not be returned to it. State statutes require that all bank deposits in excess of the FDIC or FSLIC insurance amounts be collateralized through the Oregon State Treasurer's Public Funds Collateralization Program. This program provides a structure for specified depositories to participate in a shared liability collateral pool. 47 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 Securities pledged by individual institutions may range from 10% to 110% of public fund deposits depending on the financial institution's level of capitalization as determined by its federal regulatory authority. The securities pledged are designated as subject to the Pledge Agreement between the depository bank, custodian bank and Office of the State Treasurer (OST) and are held for the benefit of OST on behalf of the public depositors. The County's funds were held by financial institutions that participated in the State Treasurer's program and were in compliance with statutory requirements. The County has bank balances at June 30, 2015 as follows: Insured (FDIC) $ 276,075 Collateralized by securities held by the pledging financial institution in the financial institution's name 12,419,418 Total $ 12,695,493 Carrying value $ 8,583,388 The amounts above include the County's investments in certificates of deposit and money market funds, which are reported as investments on the Statement of Net Position. Investments As of June 30, 2015, the County had the following investments and maturities: Weighted Average Maturity Investment Type Fair Value (Days) Federal Agency Securities Corporate notes Municipal bonds Total fair value Accrued interest Investments, at fair value; plus accrued interest Local government investment pool Portfolio weighted average maturity $ 52,415,559 645 35,963,618 531 13,419,442 569 101,798,618 421,764 102,220,382 27,604,941 $ 129,825,324 468 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 the maximum investment portfolio average maturity be two years. The investment in the State of Oregon Local Government Investment Pool is included in the amount reported on the Statement of Net Position as cash and cash equivalents. The investment policy requires that at least 10% of the portfolio matures in 30 days, 25% matures in less than one year and 100% matures in less than five years. 48 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 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 Commissioners 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 25% of the total portfolio and 5% in any one corporation, subsidiary or affiliate. Commercial paper and corporate bonds must also be rated at least AI/PI/FI or A/A/A respectively by at least two nationally recognized statistical rating organizations. As of June 30, 2015, the County's investments in corporate bonds were rated A to AAA by Moody's Investors Service and Al to Aaa by Standard and Poor's. 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 requires that the custodian provide annual financial statements, provide proof of its employees to act in this capacity and subject itself to the County's annual evaluation of the firm's creditworthiness. 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 total investments, is 100% for US Treasury, 100% for US Government agencies and 33% in any single government sponsored enterprise, $46,801,588 in the State of Oregon Investment Pool (the maximum imposed by state statute), 50% in Certificates of Deposit, 25% for Bankers' Acceptances, 25% for Commercial paper and Corporate notes and 5% in any one corporation, subsidiaries or affiliates, 25% for State and Local Government Securities. On June 30, 2015, the County did not hold investments 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. Summary of Carrying Amounts The carrying amounts of the County's deposits and investments shown above are included in the following financial statements at June 30, 2015 as follows: Reconciliation of deposits and investments to the Statement of Net Position and Statement of Fiduciary Assets and Liabilities Total deposists $ 8,583,388 Total investments, at fair value plus accrued interest 129,825,324 Total cash and cash equivalents and investments $ 138,408,712 Included in the following captions: Statement of net position Total cash and cash equivalents $ 30,887,086 Total investments, at fair value; plus accrued interest 95,997,154 Total Statement of Net Position 126,884,240 Statement of Fiduciary Assets and Liabilities - Agency Funds Cash and cash equivalents 2,861,243 Investments 8,663,228 Total Fiduciary Funds 11,524,471 Total cash and cash equivalents and investments $ 138,408,712 49 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 B. Receivables Receivables, as of year-end, for the major funds and the nonmajor and internal service funds, in the aggregate, including the applicable allowances for uncollectible accounts are as follows: General Fund Sheriff Countywide Law Enforcement Rural Law Enforcement Road Deschutes County 9-1-1 Behavioral Health Solid Waste Fair & Expo Center Nonmajor and Internal Service Total Property Transient Notes and Taxes Room Taxes Total Taxes Accounts Contracts Assessments Receivable Receivable Receivable Receivable Receivable Receivable Total $ 709,675 $ - $ 709,675 $ 422,080 $ 2,910,140 $ - $ 4,041,896 - - - 10,276 - - 10,276 507,285 - 507,285 198,975 - - 706,260 244,269 - 244,269 187,591 - - 431,859 - - - 651,233 - 366,486 1,017,719 194,055 - 194,055 207,444 - - 401,499 - - - 478,586 - - 478,586 - - - 604,200 - - 604,200 93,452 - 93,452 34,207 - - 127,659 14,810 625,431 640,242 2,157,534 889,372 - 3,687,147 $1,763,546 $ 625,431 $ 2,388,977 $ 4,952,126 $ 3,799,512 $ 366,486 $ 11,507,102 The County holds promissory notes as a result of its lending and real estate sale activities. Loans are made to not-for-profit entities and bear interest at rates from 0.0% to 4.5%. Sales of real property have been financed by the County and these interest-bearing notes are amortized over periods ranging from ten to twenty years. Interest rates are fixed at the time of the initial transaction at then prevailing rates. At June 30, 2015, $2,402,006 is due on contracts from sales of real property and $1,397,506, net of allowance for uncollectible amounts of $316,523, is due from lending activities. Assessments are due from property owners as part of a local improvement district. Each contract calls for semi-annual payments which amortizes the loan over 10 years. Prepayment, without penalty, is allowed. Payment is normally made in full in the event of sale of property or re -financing of the property. C. Deferred outflows of resources The difference between the carrying value of refunded debt and its reacquisition price was deferred and is amortized on the straight- line basis over the period benefitted. The contributions made to OPERS during the year ended June 30, 2015 have been classified as a deferred outflow of resources. Deferred Outflows of Resources Contributions made to the defined benefit plan subsequent to measurement date Deferred Charges on Refunding Debt G.O. Bonds (Fairgrounds) HHSBJCC (1998 COPS) County Buildings (FF&C 2003) Total Deferred Outflows of Resources Governmental Business -Type Activities Activities Total $ 5,107,149 $ 151,050 $ 5,258,200 55,878 989,355 $ 6,152,382 50 82,755 241,501 $ 475,306 82,755 55,878 1,230,856 $ 6,627,688 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 D. Capital Assets Capital asset activity for the year ended June 30, 2015 was as follows: Governmental Activities Capital assets, not being depreciated: Land Construction in progress Total capital assets, not being depreciated Capital assets, being depreciated: Buildings and improvements Land improvements Equipment Vehicles Infrastructure Intangible assets Total capital assets, being depreciated Less accumulated depreciation for: Buildings and improvements Land improvements Equipment Vehicles Infrastructure Intangible assets Total accumulated depreciation Less: Black Buttte & 7/1/2014, as July 1, 2014 Sunriver Service restated Increases Decreases June 30, 2015 $ 13,587,072 $ - $ 13,587,072 $ 50,000 $ - $ 13,637,072 11,895,143 (50,950) 11,844,193 1,184,957 (10,637,630) 2,391,520 25,482,215 (50,950) 25,431,265 1,234,957 (10,637,630) 16,028,592 76,005,956 (6,530) 75,999,426 12,765,982 (416,709) 88,348,699 4,592,044 - 4,592,044 261,372 - 4,853,416 22,855,363 (402,368) 22,452,995 944,708 (142,076) 23,255,627 10,074,039 (2,470,940) 7,603,099 666,165 (357,555) 7,911,710 93,128,854 - 93,128,854 2,338,979 - 95,467,833 4,803,540 - 4,803,540 42,452 (5,225) 4,840,767 211,459,796 (2,879,838) 208,579,958 17,019,659 (921,564) 224,678,052 (23,320,428) 6,530 (23,313,898) (2,125,599) 377,467 (25,062,029) (2,291,551) - (2,291,551) (169,414) - (2,460,965) (18,502,806) 1,900,133 (16,602,673) (1,495,824) 131,727 (17,966,770) (5;820,706) 148,013 (5,672,693) (535,690) 354,450 (5,853,933) (48,490,094) - (48,490,094) (3,569,206) - (52,059,300) (3,156,262) - (3,156,262) (615,328) 5,225 (3,766,365) (101,581,847) 2,054,676 (99,527,171) (8,511,060) 868,868 (107,169,362) Total capital assets, being depreciated, net 109,877,949 (825,162) 109,052,787 8,508,599 (52,696) 117,508,690 Governmental activities capital assets, net $ 135,360,164 $ (876,112) $ 134,484,052 $ 9,743,556 $ (10,690,326) $ 133,537,282 51 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 Less: Black Buttte & 7/1/2014, as Capital assets, being depreciated Buildings and improvements July 1, 2014 Sunriver Service restated Increases Decreases June 30, 2015 Business -type activities: Land improvements 34,496,133 34,496,133 Capital assets, not being depreciated: 34,512,659 Equipment 7,076,459 Land $ 1,924,037 $ $ 1,924,037 $ $ $ 1,924,037 Construction in progress 1,022,748 1,022,748 3,159,031 4,181,779 Total capital assets, not being depreciated 2,946,785 2,946,785 3,159,031 6,105,816 Capital assets, being depreciated Buildings and improvements 32,488,388 32,488,388 7,894 32,496,282 Land improvements 34,496,133 34,496,133 16,526 34,512,659 Equipment 7,076,459 7,076,459 103,293 (225,078) 6,954,674 Vehicles 252,666 252,666 60,664 313,330 Intangible assets 87,429 87,429 - 87,429 Total capital assets, being depreciated 74,401,075 74,401,075 188,376 (225,078) 74,364,373 Less accumulated depreciation for: Buildings and improvements (7,957,852) - (7,957,852) (729,711) (8,687,563) Land improvements (14,551,979) - (14,551,979) (1,656,546) - (16,208,525) Equipment (4,616,196) - (4,616,196) (427,381) 157,555 (4,886,024) Vehicles (182,335) - (182,335) (16,760) - (199,095) Intangible assets (52,161) - (52,161) (17,486) - (69,647) Total accumulated depreciation (27,360,523) - (27,360,523) (2,847,885) 157,555 (30,050,854) Total capital assets, being depreciated, net 47,040,552 - 47,040,552 (2,659,508) (67,523) 44,313,519 Business -type activities capital assets, net $ 49,987,336 $ - $ 49,987,336 $ 499,523 $ (67,523) $ 50,419,335 Depreciation expense was charged to functions/programs of the primary government as follows: Governmental activities: General government Public safety County roads Health and welfare Capital assets held by the government's internal service funds are charged to the various functions based on their usage of the assets Total depreciation expense - governmental activities Business -type activities: Solid waste Fair & Expo center RV Park Total depreciation expense - business -type activities 52 $ 1,473,487 2,464,889 4,109,985 357,932 8,406,293 104,767 S 8.511.060 $ 2,020,958 698,107 128,820 $ 2,847,885 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 Operating Leases — County as Lessor of Real Property The County received $1,511,000 in lease rental revenue for the year ended June 30, 2015, and the County expects to receive approximately $3.7 million in lease rental income over the next 5 years under non -cancelable leases which were in effect at June 30, 2015. These leases are cancelable if annual appropriations are not included in the lessee's annual appropriation resolution. The carrying value of real property, leased under non -cancelable operating leases, was $11.1 million as of June 30, 2015, and depreciation expense for Fiscal Year 2015 was $258,000. G. Interfund Activity Interfand Transfers: Transfers In Interfund transfers are utilized for the following purposes: Certain special revenue funds, the Jail Project Fund, the Fair & Expo Center and Internal Service funds require additional resources transferred from the General Fund for operations; certain debt service funds require transfers from operating funds to meet annual debt service requirements; fees collected at the Solid Waste facility have been designated for road maintenance; and the RV Park requires additional resources from a special revenue fund to meet its debt service requirements. Interfund Loan Loans, made to Brightside Animal Clinic (formerly known as Humane Society of Redmond), were financed with an inter -fund loan between the County's Solid Waste Fund and a sub -fund of the County's General Fund (Humane Society of Redmond Fund). It is anticipated that this interfand loan will be repaid with the loan repayments from Brightside. 53 Behavioral Nonmajor Internal Service Fair & Expo General Road Health governmental Funds RV Park Center Total Transfers Out General Fund $ $ $ 1,377,302 $ 9,690,053 $ 296,000 $ - $ 370,000 $ 11,733,355 Sheriffs Office - 455,031 - - - 455,031 Behavioral Health 204,900 - - - - 204,900 Nonmajor governmental 885,528 1,000,000 187,594 396,761 181,787 305,674 2,957,343 Solid Waste - 298,156 - - - - 298,156 Internal Service Funds 47,580 - - - - 47,580 Total $ 1,138,008 $ 1,298,156 $ 1,564,896 $ 10,541,845 $ 296,000 $ 181,787 $ 675,674 $ 15,696,366 Interfund transfers are utilized for the following purposes: Certain special revenue funds, the Jail Project Fund, the Fair & Expo Center and Internal Service funds require additional resources transferred from the General Fund for operations; certain debt service funds require transfers from operating funds to meet annual debt service requirements; fees collected at the Solid Waste facility have been designated for road maintenance; and the RV Park requires additional resources from a special revenue fund to meet its debt service requirements. Interfund Loan Loans, made to Brightside Animal Clinic (formerly known as Humane Society of Redmond), were financed with an inter -fund loan between the County's Solid Waste Fund and a sub -fund of the County's General Fund (Humane Society of Redmond Fund). It is anticipated that this interfand loan will be repaid with the loan repayments from Brightside. 53 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 H. Long -Term Obligations Operating Leases — County as Lessee The County leases buildings and office facilities and equipment under non -cancelable operating leases. The total expended for such leases for the year ended June 30, 2015, was approximately $273,000. The future minimum lease payments for these leases are as follow: Fiscal Year Ending June 30, Amount 2016 $ 250,696 2017 122,567 2018 76,538 2019 11,476 $ 461,277 Notes and Bonds The County has issued General Obligation Bonds, Full Faith & Credit Obligations and Limited Tax Bonds, for both governmental and business -type activities, to provide funds for the acquisition and construction of major capital facilities, to acquire personal property and to fund the pension liability. The County also issued special assessment debt to provide funds for the construction of streets in existing residential areas. These bonds were retired in July 2014. General Obligation, Full Faith & Credit Obligation and Limited Tax bonds are direct obligations and pledge the full faith and credit of the County. These are serial bonds with original terms ranging from 20 years to 30 years with increasing amounts of principal maturing each year. General Obligation, Full Faith & Credit Obligation and Limited Tax bonds currently outstanding are as follows: Purpose General Obligation and Full Faith & Credit Obligation Bonds: Governmental activities Governmental activities - refunding Business -type activities Business -type activities - refunding Notes Business -type activities 54 Balance at Interest Rates June 30, 2015 2.00-6.85% $ 31,688,144 2.00-4.00% 21,089,595 3.30 -4.20% 8,327,805 2.00-3.00% 9,835,405 $ 70,940,949 5.00% $ 343,486 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 Changes in Long -Term Liabilities Changes in long-term obligations for the year ended June 30, 2015, are as follows: During Fiscal Year 2015, $6,968,809 was paid in compensated leave - $2.218 million from Sheriff's Office, $968,000 from Behavioral Health, $475,000 from Public Health, $709,000 from General Fund, $442,000 from Road Department, $398,000 from Deschutes County 9-1-1, $391,000 from Juvenile Community Justice, $291,000 from Community Development, $269,000 from Adult Parole & Probation $535,000 from Internal Service Funds, $188,000 from enterprise funds and the remaining $82,000 from other special revenue funds. The claims liability is reported in two of the County's internal service funds - Risk Management and Health Benefits Fund. The liability will be liquidated by these funds. The resources to retire the pension obligation bonds are provided by charges to those operating departments with personnel. In FY 2015 the Sheriff's Office, Health Services, General, and Road funds provided 30%, 22%, 10% and 6%, respectively. The remaining 32% is provided by other governmental and proprietary funds. The Full faith and credit obligations are liquidated by third party rents, charges to departments occupying various buildings and general fund transfers. 667.7 Less: Black Buttte & Sunriver 7/1/2014, as Due Within July 1, 2014 Service restated Increases Decreases June 30, 2015 One Year Governmental activities: Claims Internal service funds $ 4,194,907 $ $ 4,194,907 $ 17,837,099 $ (15,544,820) $ 6,487,186 $ 4,269,991 Pension obligation bonds 10,799,172 10,799,172 - (263,223) 10,535,949 300,634 Full faith & credit obligations 44,682,371 44,682,371 (2,530,581) 42,151,790 2,624,704 Unamortizedprem /(disc) 848,154 848,154 (43,182) 804,972 42,862 General obligation bonds 175,000 175,000 (85,000) 90,000 90,000 Loans Governmental funds 149,339 149,339 (149,339) - - Full faith & credit LIDS 242,269 242,269 - (242,269) - Net OPEB obligations Governmental funds 14,890,840 371,825 14,519,015 2,192,751 (521,223) 16,190,543 - Internal service funds 1,367,250 - 1,367,250 99,334 48,718 1,515,302 - Compensated absences Governmental funds 7,504,497 249,110 7,255,387 6,083,922 (6,243,269) 7,096,039 6,106,150 Internal service funds 904,613 - 904,613 644,540 (534,749) 1,014,404 599,650 $ 85,758,412 $ 620,935 $ 85,137,477 $ 26,857,645 $ (26,108,938) $ 85,886,185 $14,033,993 Business -type activities: Full faith & credit obligations $ 13,782,629 $ $ (749,419) $ 13,033,210 $ 780,296 Unamortized prem / (disc) 177,091 (10,262) 166,829 10,262 General obligation bonds 7,435,000 (2,305,000) 5,130,000 2,535,000 Unamortized premiums 234,000 (117,000) 117,000 117,000 Net OPEB obligations 571,300 83,982 (5,581) 649,701 - Compensated absences 297,922 239,627 (188,106) 349,443 220,757 Landfill closure and postclosure 9,747,984 396,189 - 10,144,173 - Notes payable 362,021 - (18,535) 343,486 23,699 $ 32,607,947 $ 719,797 $ (3,393,903) $ 29,933,841 $ 3,687,014 During Fiscal Year 2015, $6,968,809 was paid in compensated leave - $2.218 million from Sheriff's Office, $968,000 from Behavioral Health, $475,000 from Public Health, $709,000 from General Fund, $442,000 from Road Department, $398,000 from Deschutes County 9-1-1, $391,000 from Juvenile Community Justice, $291,000 from Community Development, $269,000 from Adult Parole & Probation $535,000 from Internal Service Funds, $188,000 from enterprise funds and the remaining $82,000 from other special revenue funds. The claims liability is reported in two of the County's internal service funds - Risk Management and Health Benefits Fund. The liability will be liquidated by these funds. The resources to retire the pension obligation bonds are provided by charges to those operating departments with personnel. In FY 2015 the Sheriff's Office, Health Services, General, and Road funds provided 30%, 22%, 10% and 6%, respectively. The remaining 32% is provided by other governmental and proprietary funds. The Full faith and credit obligations are liquidated by third party rents, charges to departments occupying various buildings and general fund transfers. 667.7 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 Debt Service Requirements Debt service requirements on the County bonds at June 30, 2015, are as follows: I. Deferred Inflows of Resources Governmental Funds Balance Sheet: Unavailable revenues are reported as deferred inflows of resources on the governmental funds balance sheet. These are revenues which are earned, but not available to liquidate liabilities of the current period. At the end of the current fiscal year, these balances are: General Fund Countywide LED Rural LED Road Deschutes County 911 Behavioral Health Nonmajor funds Total Unearned and Deferred Revenues Property Taxes _ $ 633,654 453,300 218,100 173,846 13,293 Deferred Inflows of Resources Total Deferred Inflows of Total Deferred Resources and Special Inflows of Unearned Assessments Contracts of Sale Resources Unearned Revenue $ 2,393,617 $ 3,027,271 $ 1,770,162 $ 4,797,433 - - 453,300 33,452 486,751 - 218,100 - 218,100 366,486 - 366,486 - 366,486 - - 173,846 - 173,846 - - 467,081 467,081 8,390 21,683 525,370 547,053 $ 1,492,194 $ 366,486 $ 2,402,007 $ 4,260,687 $ 2,796,064 $ 7,056,751 56 Governmental Activities Business -type Activities Bonds & Notes Bonds & Notes Principal Interest Principal Interest Fiscal Year 2016 $ 3,015,338 $ 2,270,703 $ 3,338,995 $ 590,574 2017 2,877,535 2,186,469 3,427,242 496,344 2018 2,998,330 2,112,688 863,388 427,431 2019 2,566,795 2,028,365 895,600 395,033 2020 2,720,455 1,933,632 927,625 361,287 2021-2025 16,674,542 6,675,555 5,216,337 1,252,768 2026-2030 14,505,320 2,800,997 2,856,933 355,453 2031-2035 5,919,423 802,881 980,578 47,229 2036-2040 1,500,000 136,800 - - Total $ 52,777,739 $ 20,948,090 $ 18,506,696 $ 3,926,119 I. Deferred Inflows of Resources Governmental Funds Balance Sheet: Unavailable revenues are reported as deferred inflows of resources on the governmental funds balance sheet. These are revenues which are earned, but not available to liquidate liabilities of the current period. At the end of the current fiscal year, these balances are: General Fund Countywide LED Rural LED Road Deschutes County 911 Behavioral Health Nonmajor funds Total Unearned and Deferred Revenues Property Taxes _ $ 633,654 453,300 218,100 173,846 13,293 Deferred Inflows of Resources Total Deferred Inflows of Total Deferred Resources and Special Inflows of Unearned Assessments Contracts of Sale Resources Unearned Revenue $ 2,393,617 $ 3,027,271 $ 1,770,162 $ 4,797,433 - - 453,300 33,452 486,751 - 218,100 - 218,100 366,486 - 366,486 - 366,486 - - 173,846 - 173,846 - - 467,081 467,081 8,390 21,683 525,370 547,053 $ 1,492,194 $ 366,486 $ 2,402,007 $ 4,260,687 $ 2,796,064 $ 7,056,751 56 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 Statement of Net Position: An acquisition of net position, applicable to a future reporting period, is reported as deferred inflows of resources on the Statement of Net Position. At the end of the current fiscal year, these balances, all related to pensions by the application of GASB 68 are: Net difference between projected and actual earnings on investments Changes in proportion and differences between employer contributions and proportionate share of contributions Total Deferred Inflows of Resources 61ll Deferred Inflows of Resources Governmental Business -Type Activities Activities Total $ 26,077,013 $ 771,260 $ 26,848,273 701,722 20,754 722,476 $ 26,778,734 $ 792,015 $ 27,570,749 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 J. Fund Balance Constraints Fund Balance Policies Fund balance of governmental funds is reported in various categories based on the nature of any limitations requiring the use of resources for specific purposes. The County itself can establish limitations on the use of resources through either a commitment (committed fund balance) or an assignment (assigned fund balance). Total Fund Balance 17.705.836 5 423 8 1 4 689 322 14.253.622 15.249.982 4.040.201 35.990.245 97.353.099 The committed fund balance classification includes amounts that can be used only for the specific purposes determined by a formal action of the County's highest level of decision-making authority. The Board of County Commissioners is the highest level of decision-making authority for Deschutes County which can, by adoption of a resolution prior to the end of the fiscal year, commit a fund balance. Once adopted, the limitation imposed by the resolution remains in place until a similar action is taken (the adoption of another resolution) or to remove or revise the limitation. 58 Major Special Revenue Funds General Fund LED #1 LED #2 Road DC 9-1-1 Behavioral Other Funds Total Fund Balances: Nonspendable: Long-term notes receivable $ 516,523 $ - $ - $ - $ - $ - $ 880,982 $ 1,397,506 Inventory - - - 1,661,639 - - - 1,661,639 Total Nonspendable 516,523 - - 1,661,639 - - 880,982 3,059,145 Restricted to: Public safety - 5,423,891 4,689,322 - 15,249,982 - 882,363 26,245,559 Economic development - - - - - - 594,985 594,985 Health services - - - - - 4,040,201 11,099,642 15,139,842 General government - - - - - - 4,263,339 4,263,339 Marketing & promotion - - - - - - 273,983 273,983 Law library - - - - - - 463,809 463,809 Park development and - - - - - - 639,289 639,289 rangeland Technology Improvements - - - - - - 108,034 108,034 Road improvement and - - - 12,591,983 - - 2,329,254 14,921,237 maintenance Debt Service - - - - - - 10,970 10,970 Total Restricted - 5,423,891 4,689,322 12,591,983 15,249,982 4,040,201 20,665,668 62,661,047 Committed to: Economic development 135,199 - - - - - - 135,199 Economic stabilization - - - - - - 10,249,236 10,249,236 Court activities - - - - - - 78,758 78,758 Health services - - - - - - 2,315,940 2,315,940 Debt Service - - - - - - 482,736 482,736 Communication systems - - - - - - 922,520 922,520 Expansion of facilities 1,647,475 - - - - - 394,405 2,041,879 Total Committed 1,782,674 - - - - - 14,443,595 16,226,269 Assigned to: Public safety 1,308,160 - - - - - 1,308,160 General government 3,090,198 - - - - - 3,090,198 Technology Improvements 775,609 - - - - - 775,609 Fleet repair & replacement 1,048,732 - - - - - 1,048,732 Total Assigned 6,222,698 - - - - 6,222,698 Unassigned: 9,183,941 - - - - 9,183,941 Total Fund Balance 17.705.836 5 423 8 1 4 689 322 14.253.622 15.249.982 4.040.201 35.990.245 97.353.099 The committed fund balance classification includes amounts that can be used only for the specific purposes determined by a formal action of the County's highest level of decision-making authority. The Board of County Commissioners is the highest level of decision-making authority for Deschutes County which can, by adoption of a resolution prior to the end of the fiscal year, commit a fund balance. Once adopted, the limitation imposed by the resolution remains in place until a similar action is taken (the adoption of another resolution) or to remove or revise the limitation. 58 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 Amounts in the assigned fund balance classification are intended to be used by the County for specific purposes but do not meet the criteria to be classified as committed. The Board of County Commissioners has, by resolution, assigned fund balance as it does when appropriating fund balance for the difference between estimated revenues and appropriations in the subsequent year's adopted budget. Unlike commitments, assignments generally exit only temporarily. Additional action does not have to be taken to remove an assignment. Fund balances, as listed in aggregate in the Statement of Revenues, Expenditures and Changes in Fund Balance, are constrained to the balance classification and activities of the funds. Constraints are at the level of which the fund was originally established. The County has activity between funds for various purposes. Any balances outstanding at year end are reported as due from / to other funds. While these balances are reported in fund financial statements, certain eliminations are made in the preparation of the government -wide financial statements. Balances between the funds included in the governmental activities, the governmental and internal service funds, are eliminated so that only the net amount is included as internal balances in the governmental activities column on the Statement of Net Position. Similarly, balances between the funds included in the business -type activities, the enterprise funds, are eliminated so that only the net amount is included as internal balances in the business -type activities column on the Statement of Net Position. Certain activity occurs during the year involving transfers of resources between funds. In fund financial statements these amounts are reported at gross amounts as Transfers In / Out. While reported in fund financial statements, certain eliminations are made in the preparation of the government -wide Statement of Activities. Transfers between the funds included in governmental activities are eliminated so that only the net amount is included as transfers in the governmental activities column. Transfer between the funds in business -type activities are eliminated so that only the net amount is included as transfers in the business -type activities column. K. Segment Information The County has three enterprise activities. The RV Park Fund is used to account for the operations of the County's Recreational Vehicle Park, located in Redmond, Oregon. The Solid Waste Fund is used to account for the operations of the County's landfill at Knott Road and 27th Street, and four transfer and recycle 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 operations of the County's Fair & Expo Center, including the annual county fair, are accounted for in the Fair & Expo Center Fund. Also accounted for in this fund is activity related to servicing the general obligation bond, originally issued in 1996, refunded in 2002 and in 2012, to finance the construction of the facility and the reserves for future capital needs. The final payment on the general obligation bond will occur effective December 1, 2016. In order to maintain a higher degree of fiscal management, the operations and the funded reserves are accounted for in sub -funds of Solid Waste and of the Fair & Expo Center. A budget is adopted for each of these sub -funds. A combining schedule of net position, schedule of revenues, expenses and changes in net position and schedule of cash flows is prepared for the sub -funds of Solid Waste and of the Fair & Expo Center. Note 4 — 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, workers' compensation, medical and dental benefits, unemployment benefits and other risks. 59 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 All operations of the County participate in the County's self-insurance program. Two of the county service districts are covered under some of the areas program. Deschutes County 9-1-1 is covered under only the medical/dental plan and unemployment insurance. Effective June 29, 2015, Extension and 4-H employees transferred to another government entity and therefore will no longer participate in the medical/dental, workers' compensation or unemployment portions of the self-insurance program. 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 liabilities for incurred losses on both 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 total cost of settling claims. Liabilities include an amount for claims for that have been incurred but not reported (IBNR). 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. Payments, from the funds whose activities are covered, are made to internal service insurance funds, based on the estimated need to pay prior and current claims and to accumulate resources for future losses. The Insurance fund, which accounts for all insurance programs other than medical and dental, is reporting a negative net position as of June 30, 2015 of $645,570. The net position of the Health Benefits fund (medical/dental) at June 30, 2015, is $12,126,284 which is 80% of Fiscal Year 2015 claims expense. Changes in the Insurance Funds' claim liabilities are as follows: B. Contingent Liabilities and Commitments 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. As of June 30, 2015, the County had $620,923 material commitments outstanding. Insurance Health Benefits Total Claims payable, June 30, 2013 $ 3,170,172 $ 1,560,661 $ 4,730,833 Balance Building remodel FY 2014 claims expense 857,086 13,669,773 14,526,859 FY 2014 claims paid 1,222,941 13,839,844 15,062,785 322,154 Claims payable, June 30, 2014 $ 2,804,317 $ 1,390,590 $ 4,194,907 87,624 FY 2015 claims expense 2,730,686 15,106,412 17,837,099 FY 2015 claims paid 1,100,614 14,444,205 15,544,820 Claims payable, June 30, 2015 $ 4,434,389 $ 2,052,797 $ 6,487,186 B. Contingent Liabilities and Commitments 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. As of June 30, 2015, the County had $620,923 material commitments outstanding. 60 Paid Through Project Contractor Total Contract June 30, 2015 Balance Building remodel Griffin Construction $ 667,119 $ 455,974 $ 211,145 Radio financing Motorola 483,231 161,077 322,154 Cell construction G. Friesen Assoc 351,967 264,343 87,624 60 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 C. Participation in Public Employees Retirement System Plan descriptions: Employees of the County are provided with pensions through the Oregon Public Employees Retirement System, (OPERS), which is a cost-sharing multiple -employer defined benefit plan. All the benefits of OPERS are established by the Oregon legislature pursuant to Oregon Revised Statute (ORS) Chapters 238 and 238A. The ORS Chapter 238 Defined Benefit Pension Plan, known as Tier 1/Tier 2 is closed to new members hired on or after August 29, 2003. A second program, the Chapter 238A-OPERS Pension Program (OPSRP-DB), is described in the second portion of this note. Membership in the programs is delineated based on date of hire. OPERS issues a publicly available financial report which can be obtained at hllp://www.oregon.govL/pers/Paizes/section/financial reports/financials.aspx. Benefits Provided Under the Programs 61 Chapter 238 -Tier One and Tier Two Chapter 238A-OPERS Pension Program (OPSRP- DB Pension The OPERS retirement allowance is payable monthly for life. The ORS 238A Defined Benefit Pension Program Benefits The allowance may be selected from 13 retirement benefit provides benefits to members hired on or after August options. These options include survivorship benefits and 29, 2003. This portion of the OPSRP provides a life lump -sum refunds. The basic benefit is based on years of pension funded by employer contributions. Benefits service and final average salary. A percentage (2.0 percent for are calculated with the following formula for members police and fire employees, 1.67 percent for general service who attain normal retirement age: employees) is multiplied by the number of years of service and the final average salary. Benefits may also be calculated Police and fire: 1.8 percent is multiplied by the under a formula plus an annuity (for members who were number of years of service and the final average contributing before August 21, 1981,) or a money match salary. Normal retirement age for police and fire computation if a greater benefit results. members is age 60 or age 53 with 25 years of retirement credit. To be classified as a police or fire member, the individual must have been employed continuously as a police or fire member for at least five years immediately preceding retirement. General service: 1.5 percent is multiplied by the number of years of service and the final average salary. Normal retirement age for general service members is 65, or age 58 with 30 years of retirement credit. A member of the pension program becomes vested on the earliest of the following dates: the date the member completes 600 hours of service in each of five calendar years, the date the member reaches normal retirement age, and, if the pension program is terminated, the date on which termination becomes effective. 61 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 Contributions OPERS funding policy provides for monthly employer contributions at actuarially determined rates. These contributions, expressed as a percentage of covered payroll, are intended to accumulated sufficient assets to pay benefits when due. This funding policy applies to the OPERS Defined Benefit Plan and the Other Postemployment Benefit Plans. Ultimate authority for setting and changing the laws governing contributions rests with the Oregon legislature. Employer contribution rates during the period were based on the December 31, 2011 actuarial valuation, which became effective July 1, 2013. The state of Oregon and certain schools, community colleges, and political subdivisions have made unfunded actuarial liability payments, and their rates have been reduced. Employer contributions for the year ended June 30, 2015 were $5,258,200, excluding amounts to fund employer specific liabilities. The rates, presented as a percentage of covered payroll, for the County in effect for the fiscal year ended June 30, 2015 were: Chapter 238 - Tier One and Tier Two Chapter 238A - OPERS Pension Program (OPSRP - DB) General Service 8.78% 6.70% Police and Fire 15.62% 9.43% Pension Liabilities, Pension Expense, and Deferred Outflows of Resources and Deferred inflows of Resources Related to Pensions At June 30, 2015, the County reported an asset of $13,913,943 for its proportionate share of the net pension asset. The net pension asset was measured as of June 30, 2014, and the total pension liability used to calculate the net pension asset was determined by an actuarial valuation as of December 31, 2013 and rolled forward to June 30, 2014. The County's proportion of the net pension liability was based on the County's projected long-term contribution effort as compared to the total projected long-term contribution effort of all employers. Rates of every employer have at least two major components: 1. Normal Cost Rate: The economic value, stated as a percent of payroll, for the portion of each active member's total projected retirement benefit that is allocated to the upcoming year of service. The rate is in effect for as long as each member continues in OPERS-covered employment. The current value of all projected future Normal Cost Rate contributions is the Present Value of Future Normal Costs (PVFNC). The PVFNC represents the portion of the projected long-term contribution effort related to future service. 62 Chapter 238 -Tier One and Tier Two Chapter 238A-OPERS Pension Program (OPSRP- DB Disability A member with 10 or more years of creditable service A member who has accrued 10 or more years of Benefits who becomes disabled from other than duty -connected retirement credits before the member becomes causes may receive a non -duty disability benefit. A disabled or a member who becomes disabled due to disability resulting from a job -incurred injury or illness job-related injury shall receive a disability benefit of qualifies a member (including OPERS judge members) 45 percent of the member's salary determined as the for disability benefits regardless of the length of last full month of employment before the disability OPERS-covered service. Upon qualifying for either a occurred. non -duty or duty disability, service time is computed to age 58 (55 for police and fire members) when determining the monthly benefit. Benefit Members may choose to continue participation in a No ability to change. Changes after variable equities investment account after retiring and Retirement may experience annual benefit fluctuations due to changes in the market value of equity investments. Cost of Living Under ORS 238.360 monthly benefits are adjusted Under ORS 238Z.210 monthly benefits are adjusted Adjustments annually through cost -of -living changes (COLA). The annually through cost -of -living changes. The cap on cap on the COLA in fiscal year 2015 and beyond will the COLA in fiscal year 2015 and beyond will vary vary based on the amount of the annual benefit. based on the amount of the annual benefit. Contributions OPERS funding policy provides for monthly employer contributions at actuarially determined rates. These contributions, expressed as a percentage of covered payroll, are intended to accumulated sufficient assets to pay benefits when due. This funding policy applies to the OPERS Defined Benefit Plan and the Other Postemployment Benefit Plans. Ultimate authority for setting and changing the laws governing contributions rests with the Oregon legislature. Employer contribution rates during the period were based on the December 31, 2011 actuarial valuation, which became effective July 1, 2013. The state of Oregon and certain schools, community colleges, and political subdivisions have made unfunded actuarial liability payments, and their rates have been reduced. Employer contributions for the year ended June 30, 2015 were $5,258,200, excluding amounts to fund employer specific liabilities. The rates, presented as a percentage of covered payroll, for the County in effect for the fiscal year ended June 30, 2015 were: Chapter 238 - Tier One and Tier Two Chapter 238A - OPERS Pension Program (OPSRP - DB) General Service 8.78% 6.70% Police and Fire 15.62% 9.43% Pension Liabilities, Pension Expense, and Deferred Outflows of Resources and Deferred inflows of Resources Related to Pensions At June 30, 2015, the County reported an asset of $13,913,943 for its proportionate share of the net pension asset. The net pension asset was measured as of June 30, 2014, and the total pension liability used to calculate the net pension asset was determined by an actuarial valuation as of December 31, 2013 and rolled forward to June 30, 2014. The County's proportion of the net pension liability was based on the County's projected long-term contribution effort as compared to the total projected long-term contribution effort of all employers. Rates of every employer have at least two major components: 1. Normal Cost Rate: The economic value, stated as a percent of payroll, for the portion of each active member's total projected retirement benefit that is allocated to the upcoming year of service. The rate is in effect for as long as each member continues in OPERS-covered employment. The current value of all projected future Normal Cost Rate contributions is the Present Value of Future Normal Costs (PVFNC). The PVFNC represents the portion of the projected long-term contribution effort related to future service. 62 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 2. UAL Rate: If system assets are less than the actuarial liability, an Unfunded Actuarial Liability (UAL) exists. UAL can arise in a biennium when an event such as experience differing from the assumptions used in the actuarial valuation occurs. An amortization schedule is established to eliminate the UAL that arises in a given biennium over a fixed period of time if future experience follows assumptions. The UAL Rate is the upcoming year's fixed component of the cumulative amortization schedules, stated as a percent of payroll. The employer's PVFNC depends on both the normal cost rates charged on the employer's payrolls, and on the underlying demographics of the respective payrolls. For OPERS funding, employers have up to three different payrolls, each with a different normal cost rate: (1) Tier 1/Tier 2 payroll, (2) OPSRP general service payroll, and (3) OPSRP police and fire payroll. Since many governments in Oregon have sold pension obligation bonds and deposited the proceeds with OPERS (referred to as side accounts or transitional liability or surplus), adjustments are required. After each employer's projected long-term contribution effort is calculated, that amount is reduced by the value of the employer's side account, transitional liability/surplus, and the pre-SLGRP liability/surplus (if any). This is done as those balances increase/decrease the employer's projected long-term contribution effort because side accounts are effectively pre -paid contributions. Looking at both rate components, the projected long-term contribution effort is the sum of the PVFNC and UAL. The PVFNC part of the contribution effort pays for the value of future service while the UAL part of the contribution effort pays for the value of past service not already funded by accumulated contributions and investment earnings. Each of the two contribution effort components are calculated at the employer -specific level. The sum of these components across all employers is the total projected long-term contribution effort. At June 30, 2015, the County's proportion was 0.613837471 percent, which is the same as its proportion measured as of June 30, 2014. For the year ended June 30, 2015, the County recognized a negative pension expense of $12,929,686. At June 30, 2015, the County reports deferred outflows of resources and deferred inflows of resources related to pensions from the following sources as shown in footnote 3.0 and 3.I. Net difference between projected and actual earnings on investments Changes in proportion and differences between employer contributions and proportionate share of contributions Contributions made to the defined benefit plan subsequent to measurement date Deferred Inflows Deferred Outflow; of Resources of Resources $ 26,848,273 722,476 5,258,200 Total $ 27,570,749 $ 5,258,200 The County's contributions made subsequent to the measurement date will be recognized in the County's pension expense in the following year. The net amount of the County's remaining deferred outflows of resources and deferred inflows of resources that will be recognized in the County's pension expense in the subsequent five years in the aggregate are shown in the table below. County Subsequent Fiscal Years 2015- 16 2016-17 2017-18 2019-19 2019-20 Deferred Outflow / (Inflow) of Resources $ (6,869,128) (6,869,128) (6,869,128) (6,869,128) (94,237) Total $ (27,570,749) 63 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 Actuarial Assumptions: The employer contribution rates effective July 1, 2013, through June 30, 2015, were set using the entry age normal actuarial cost method. For the Tier One / Tier Two component of the OPERS Defined Benefit Plan, this method produced an employer contribution rate consisting of (1) an amount for normal cost (the estimated amount necessary to finance benefits earned by the employees during the current service year), and (2) an amount for the amortization of unfunded actuarial accrued liabilities, which are being amortized over a fixed period with new unfunded actuarial accrued liabilities being amortized over 20 years. For the OPSRP Pension Program component of the PERS Defined Benefit Plan, this method produced an employer contribution rate consisting of (a) an amount for the normal cost (the estimated amount necessary to finance benefits earned by the employees during the current service year), (b) an actuarially determined amount for funding a disability benefit component, and (c) an amount for the amortization of unfunded actuarially accrued liabilities, which are being amortized over a fixed period with new unfunded actuarially accrued liabilities being amortized over 16 years. A summary of the economic assumptions used for the December 31, 2011 actuarial valuation and those approved for the December 31, 2012 and 2013 actuarial valuations are shown below: Assumption December 31, 2011 Valuation December 31, 2012 and December 31 2013 Valuations Inflation (other than healthcare) 2.75% No Change Real wage growth 1.00% No Change Payroll growth 3.75% No Change Regular investment return 8.00% 7.75% Variable account investment return 8.25% Same as regular investment return OPSRP administrative expenses $6.6 million/year $5.5 million/year Healthcare cost inflation rates ■ 2013 rate ■ Ultimate inflation rate ■ Year reaching ultimate rate 7.00% 4.50% 2029 8.00% 4.70% 2083 Actuarial valuations of an on-going plan involve estimates of the value of reported amounts and assumptions about the probability of events far into the future. Actuarially determined amounts are subject to continual revision as actual results are compared to past expectations and new estimates are made about the future. Experience studies are performed as of December 31St of even numbered years. The experience study used to develop assumptions and estimates for the December 2012 actuarial valuation upon which the GASB 68 reporting data is based was adopted on September 18, 2013. 64 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 Mortality assumptions are shown in the table below. Assumptions December 31 2011 Valuation December 31, 2012 and December 31, 2013 Valuations Healthy Annuitant Mortality RP2000 Generational, Combined Active / Healthy Annuitant, Sex Distinct No change ■ School District male White collar, set back 18 months No collar, set back 24 months ■ Other General Service male (and male beneficiary) Blended 25% blue collar, set back 12 months No change ■ Police & Fire male Blended 33% blue collar, no setback Blended 25% blue collar, set back 12 months ■ School District female White collar, set back 24 months No change ■ Other female (and female beneficiary) White collar, no setback No change Disabled Retiree Mortality RP 2000 Static, Combined Active/Healthy Annuitant, No Collar, Sex distinct RP 2000 Static, Disabled, No Collar, Sex distinct ■ Male Set forward 60 months, minimum of 2.25% 65% of Disabled table ■ Female Set forward 48 months, minimum of 2.25% 90% of Disabled table Non -Annuitant Mortality Fixed Percentage of Healthy Annuitant Mortality No change ■ School District male 75% 70% ■ Other General Service male 85% No change ■ Police & Fire male 70% 95% ■ School District female 60% No change ■ Other female 50% 55% 65 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 The long-term expected rate of return on plan investments was developed based on the forward looking capital market economic model. The table below presents the assumptions related to asset allocation and expected rates of return by major asset class using the 50' percentile. The target allocation and best estimates of arithmetic real rates of return for each major class are summarized in the following table: The discount rate used to measure the total pension liability was 7.75 percent for the Defined Benefit Pension Plan. The projection of cash flows used to determine the discount rate assumed that contributions from plan members and those of the contributing employers are made at the contractually required rates, as actuarially determined. Based on those assumptions, the pension plan's fiduciary net position was projected to be available to make all projected future benefit payments of current plan members. Therefore, the long-term expected rate of return on pension plan investments for the Defined Benefit Pension Plan was applied to all periods of projected benefit payments to determine the total pension liability. Sensitivity of the County's Proportionate share of the Net Pension Liability (Asset) to Changes in the Discount Rate The following presents the County's proportionate share of the net pension liability (asset) calculated using the discount rate of 7.75 percent, as well as what the County's proportionate share of the net pension liability would be if it were calculated using a discount rate that is 1 -percentage point lower (6.75 percent) or 1 -percentage point higher (8.75 percent) than the current rate: 1% Decrease Discount Rate 1% Increase (6.75%) (7.75%) (8.75%) Proportionate share of Net Pension Liability (Asset) $ 29,464,705 $ (13,913,943) $ (50,602,104) Pension Plan Fiduciary Net Position Detailed information about the pension plan's fiduciary net position is available in the separately issued OPERS financial report that can be found at htip://www.oregon.govL/pers. 66 Compound Annual Annual Arithmetic Standard Asset Class Target Allocation Return Return Deviation Core Fixed Income 7.20% 4.50% 4.70% 6.60% Short -Term Bonds 8.00% 3.70% 3.76% 3.45% Intermediate -Term Bonds 3.00% 4.10% 4.23% 5.15% High Yield Bonds 1.80% 6.66% 7.21% 11.10% Large Cap US Equities 11.65% 7.20% 8.60% 17.90% Mid Cap US Equities 3.88% 7.30% 9.38% 22.00% Small Cap US Equities 2.27% 7.45% 10.38% 26.40% Developed Foreign Equities 14.21% 6.90% 8.73% 20.55% Emerging Market Equities 5.49% 7.40% 11.51% 31.70% Private Equity 20.00% 8.26% 11.95% 30.00% Hedge Funds/Absolute Return 5.00% 6.01% 6.46% 10.00% Real Estate (Property) 13.75% 6.51% 7.27% 13.00% Real Estate (REITS) 2.50% 6.76% 8.41% 19.45% Commodities 1.25% 6.07% 7.71% 19.70% Portfolio - Gross of Expenses 100.00% 7.62% 8.39% 13.01% Portfolio - Net of Expenses 100.00% 7.57% 8.34% 13.01% Discount Rate The discount rate used to measure the total pension liability was 7.75 percent for the Defined Benefit Pension Plan. The projection of cash flows used to determine the discount rate assumed that contributions from plan members and those of the contributing employers are made at the contractually required rates, as actuarially determined. Based on those assumptions, the pension plan's fiduciary net position was projected to be available to make all projected future benefit payments of current plan members. Therefore, the long-term expected rate of return on pension plan investments for the Defined Benefit Pension Plan was applied to all periods of projected benefit payments to determine the total pension liability. Sensitivity of the County's Proportionate share of the Net Pension Liability (Asset) to Changes in the Discount Rate The following presents the County's proportionate share of the net pension liability (asset) calculated using the discount rate of 7.75 percent, as well as what the County's proportionate share of the net pension liability would be if it were calculated using a discount rate that is 1 -percentage point lower (6.75 percent) or 1 -percentage point higher (8.75 percent) than the current rate: 1% Decrease Discount Rate 1% Increase (6.75%) (7.75%) (8.75%) Proportionate share of Net Pension Liability (Asset) $ 29,464,705 $ (13,913,943) $ (50,602,104) Pension Plan Fiduciary Net Position Detailed information about the pension plan's fiduciary net position is available in the separately issued OPERS financial report that can be found at htip://www.oregon.govL/pers. 66 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 D. Post -Employment Benefits Oregon Public Employees Retirement System — Retirement Health Insurance Account (RHIA) Plan Description As a member of Oregon Public Employees Retirement System (OPERS) the County contributes to the Retirement Health Insurance Account (RHIA) for each of its eligible employees. RHIA is a cost-sharing, multiple -employer, defined benefit, other postemployment benefit plan administered by OPERS. RHIA pays a monthly contribution (currently $60 per month) toward the cost of Medicare companion health insurance premiums of eligible retirees. Oregon Revised Statute (ORS) 238.420 established this trust fund. Authority to establish and amend the benefit provisions of RHIA reside with the Oregon Legislature. The Plan is closed to new entrants after January 1, 2004. OPERS issues a publicly available financial report that includes financial statements and required supplementary information. That report may be obtained by writing to Oregon Public Employees Retirement System, PO Box 23700, Tigard, OR 97281-3700. Funding Policy. Because RHIA was created by enabling legislation (ORS 238.420), contribution requirements of the plan members and the participating employers were established and may be amended only by the Oregon Legislature. ORS require that an amount equal to $60, or the total monthly cost of Medicare companion health insurance premiums coverage, whichever is less, shall be paid from the Retirement Health Insurance Account established by the employer, and any monthly cost in excess of $60 shall be paid by the eligible retired member in the manner provided in ORS 238.410. To be eligible to receive this monthly payment toward the premium cost the member must: (1) have eight years or more of qualifying service in PERS at the time of retirement or receive a disability allowance as if the member had eight years or more of creditable service in PERS, (2) receive both Medicare Parts A and B coverage, and (3) enroll in a PERS-sponsored health plan. A surviving spouse or dependent of a deceased PERS retiree who was eligible to receive the subsidy is eligible to receive the subsidy if he or she (1) is receiving a retirement benefit or allowance from PERS or (2) was insured at the time the member died and the member retired before May 1, 1991. Participating public employers are contractually required to contribute to RHIA at a rate assessed each year by OPERS, 0.59% of annual covered payroll for Tier 1/Tier 2 employees, 0.49% for OPSRP employees. The OPERS Board of Trustees sets the employer contribution rate based on the annual required contribution of the employers (ARC), an amount actuarially determined in accordance with the parameters of GASB Statement 45 Accounting and Financial Reporting by Employers for Postemployment Benefits Other Than Pensions. The ARC represents a level of funding that, if paid on an ongoing basis, is projected to cover normal costs each year and amortize any unfunded actuarial liabilities (or funding excess) of the plan over a period not to exceed thirty years. The County's contributions to RHIA which equaled the required contributions each year, were included with the payments for the retirement plan described in Note 4.0 above. Other Post -Employment Benefits (OPEB) - Deschutes County Retiree Health Plan Plan Description The Deschutes County Retiree Health Plan is a single -employer defined benefit postemployment healthcare plan that provides medical benefits to eligible retired employees of Deschutes County and Deschutes County 9-1-1 Service District and their beneficiaries. The plan has two components: the Self -Pay Health Plan which is required by Oregon Revised Statutes 243.303 to provide retirees with group health and dental insurance from the date of retirement to age 65 at the same rate provided to current employees and the Subsidized Health Plan under which the County pays all or part of the health care costs for eligible retirees under several collective bargaining agreements. The criteria to determine whether an employee is eligible include: years of service, employee age, disability due to line of duty and whether the employee has vested in the respective retirement plan. Funding Policy The County funds the benefits on a pay-as-you-go basis. Since the total annual contribution in the current year was less than the Annual Required Contribution, a liability is presented on the County's Statement of Net Position. 67 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 Annual OPEB Cost and Net OPEB Obligation The County's annual other postemployment benefit (OPEB) cost (expense) is calculated based on the annual required contribution of the employer (ARC), an amount actuarially determined in accordance with the parameters of GASB No. 45. The ARC represents a level of funding that, if paid on an ongoing basis, is projected to cover normal costs each year and amortize any unfunded actuarial liabilities (or funding excess) over a period not to exceed thirty years. The following table shows the components of the County's annual OPEB cost for the year, the amount actually contributed to the Plan, and changes in the County's net OPEB obligation to Deschutes County Retiree Health Plan: Annual required contribution Interest on the net OPEB obligation Adjustment to the ARC Annual OPEB expense Estimated contributions Increase in net OPEB obligation Net OPEB obligation, beginning of year (as restated) Net OPEB obligation, end of year $ 3,337,015 493,727 (839,653) 2,991,089 (1,093,108) 1,897,981 16,457,565 $ 18,355,546 The County's annual OPEB cost, the percentage of annual OPEB cost contributed to the Plan, and the net OPEB obligation for Fiscal Year 2015 was as follows: Fiscal Year Ending Percentage of Annual Annual OPEB Cost Contributions OPEB Cost Contributed Net OPEB Obligation June 30, 2013 $ 3,966,554 $ 823,161 20.75% $ 13,557,579 June 30, 2014 3,900,481 1,000,496 25.65% 16,457,565 June 30, 2015 2,991,089 1,093,108 36.55% 18,355,546 Funded Status and Funding Progress. As of June 30, 2015, the most recent actuarial valuation date, the Plan was considered unfunded. The actuarial accrued liability for benefits was $32,004,383, and the actuarial value of assets was $0, resulting in an unfunded actuarial accrued liability (UAAL) of $32,004,383. Of these amounts, $12,906,899 related to the Subsidized Health Plan and $19,097,484 related to the Self -Pay Health Plan. The covered payroll (annual payroll of active employees covered by the Plan) was $57,844,601 and the ratio of the UAAL to the covered payroll was 55.33%. Actuarial valuations of an ongoing plan involve estimates of the value of reported amounts and assumptions about the probability of occurrence of events far into the future. Examples include assumptions about future employment, mortality, and the healthcare cost trend. Amounts determined regarding the funded status of the plan and the annual required contributions of the employer are subject to continual revision as actual results are compared with past expectations and new estimates are made about the future. The schedule of funding progress, presented as required supplementary information on the following page, presents trend information about whether the actuarial value of plan assets is increasing or decreasing over time relative to the actuarial accrued liabilities for benefits. Actuarial Methods and Assumptions Projections of benefits for financial reporting purposes are based on the substantive plan (the plan as understood by the employer and the plan members) and include the types of benefits provided at the time of each valuation and the historical pattern of sharing of benefit costs between the employer and plan members to that point. The actuarial methods and assumptions used include techniques that are designed to reduce the effects of short-term volatility in actuarial accrued liabilities and the actuarial value of assets, consistent with the long-term perspective of the calculations. 68 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 Assumptions used in calculating the actuarial liabilities associated with the Deschutes County Retiree Health Plan include a 3% investment return; an assumed inflation rate of 2.5%; an insurance premium annual trend rate of 8.5% for Fiscal Year 2015, reducing to 5% over a 10 year period; a retiree health claims annual trend rate of 9.5% for Fiscal Year 2015, reducing to 5.0% over an 11 year period; and retirement rates used by Oregon PERS adjusted for County trends. The unfunded actuarial liability as of June 30, 2015, valuation is being amortized over a 30 year open period. The Entry Age Normal (EAN) Actuarial Cost Method is used to determine the Normal Cost and Actuarial Accrued Liability. Under this method, the actuarial present value of the projected benefits of each active employee included in the valuation is allocated on a level dollar basis over the service of the active employee between assumed Entry Age (date of hire) and assumed Exit Age(s). The portion of this actuarial present value allocated to the valuation year is called the normal cost for that active employee. The sum of these individual normal costs is the Plan's Normal Cost for the valuation year. The portion of the actuarial present value of all projected benefits (including benefits for non-active participants) that is not provided for at the valuation date by the actuarial present value of future normal costs is called the Actuarial Accrued Liability. Under this method, the actuarial gains (losses), as they occur, reduce (increase) the Unfunded Actuarial Accrued Liability. The Deschutes County Retiree Health Plan is deemed "unfunded" in accordance with the relevant GASB statements. The table below presents a schedule of funding progress for the most recent actuarial valuations for the County's postretirement health plans. June 30, 2011 June 30, 2013 June 30, 2015 $ 28,290,503 38,310,071 32,004,383 E. Landfill Closure and Postclosure Care Costs Unfunded Actuarial Actuarial Actuarial Accrued Valuation Value of Liability (AAL) Date Assets a (b) June 30, 2011 June 30, 2013 June 30, 2015 $ 28,290,503 38,310,071 32,004,383 E. Landfill Closure and Postclosure Care Costs Unfunded UAAL as a (Overfunded) Percentage AAL Funded Covered of Covered (UAAL) Ratio Payroll Payroll (b -a) (a/b) (c) (b -a/c) $28,290,503 0.00% $53,294,382 53.08% 38,310,071 0.00% 51,566,646 74.29% 32,004,383 0.00% 57,844,601 55.33% 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 30 years after closure. In addition to operating expenses related to current activities of the landfill site, an expense provision and related liability are recognized based on the estimated 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. It is estimated that the total liability for closure and postclosure is $18,880,714, the current cost of equipment, facilities and services required to close, monitor and maintain the landfill and transfer stations. The closure and postclosure costs are based on engineering estimates of 61.5% usage of Knott Landfill (7,688,000 cubic yards used of 12,500,000 cubic yards available). Through June 30, 2015, $12,888,494 has been recognized as expense, $2,744,321 has been paid and $10,144,173 is reported as a liability at June 30, 2015. Based on current estimated costs, an additional $5,992,220 will be recognized as closure and postclosure expense through 2029, the date the landfill is currently projected to be filled to capacity. For the past several years, the County has designated resources for future closure and postclosure care and it anticipates continuing to do so. 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. 69 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 F. Prior Period Adjustments In November 2010, the Governmental Accounting Standards Board (GASB) issued Statement No. 61, The Financial Reporting Entity: Omnibus. Under GASB Statement No. 61, a primary government is required to include component units, legally separate organizations for which the primary government is financially accountable or closely related. If the primary government determined that the component unit does not meet the criteria, but it would be misleading to the users of the financial statements to exclude the component units, the primary government can include the component unit. The County has no financial accountability for Black Butte Ranch Service District or Sunriver Service District (the Districts). During fiscal year 2015, it was also determined it would not be misleading to the users of the financial statements to exclude the Districts from the County's financial statements. Therefore, the beginning fund balances and beginning net position have been restated to exclude the Districts. In June 2012, the GASB issued Statement No. 68, Accounting and Financial Reporting for Pensions and in November 2013 issued Statement No. 71, Pension Transition for Contributions Made Subsequent to the Measurement Date. As of July 1, 2014, the County adopted Statement No. 68 and Statement No. 71. The implementation of these standards requires governments calculate and report the cost and obligations associated with pensions in their financial statements, including additional note disclosures and required supplementary information. Beginning net position was restated to retroactively report the beginning net pension liability and deferred outflows of resources related to contributions made after the measurement date. Through June 30, 2013, the County reported the off -set to Long -Term Notes Receivable arising from the County's lending activities as Deferred Revenue. At June 30, 2014, such balances were reported as Deferred Inflows of Resources. The appropriate presentation for the offset to the long-term note receivables is as nonspendable fund balance. Therefore, the beginning fund balances of the General Fund and Newberrry Neighborhood fund have been restated. Net position, as of June 30, 2014, has been restated as follows: Net position, Beginning of Year, as previously reported Accounting for Pension Expense - GASB #68 Net pension asset, deferred inflows of resources and deferred outflows of resources Write off of Pension Asset County Service Districts - GASB #61 Net position, Beginning of Year, as restated Governmental Business -Type Activities Activities Total $ 177,292,478 $ 26,744,928 $ 204,037,406 (25,822,752) (763,740) (26,586,492) (6,808,845) - (6,808,845) (4,497,823) - (4,497,823) $ 140,163,058 $ 25,981,188 $ 166,144,247 Governmental fund balances, as of June 30, 2014, have been restated as follows: Fund balance, Beginning of Year, as previously reported County Service Districts - GASB #61 Accounting for Long-term loans Net position, Beginning of Year, as restated Total Major Funds - Major Funds - Nonmajor Governmental General Fund All Other Funds Funds $ 15,681,597 $ 41,262,948 $ 37,624,663 $ 94,569,208 - - (4,049,882) (4,049,882) 544,085 - 843,045 1,387,130 $ 16,225,682 $ 41,262,948 $ 34,417,826 $ 91,906,456 FTI Deschutes County, Oregon Notes to Financial Statements June 30, 2015 G. Fund Structure The County maintains certain additional sub -funds for specific management needs. These sub -funds are consolidated into the appropriate fund for financial reporting purposes as required by generally accepted accounting principles. Major Funds — Governmental General Fund — 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 the State of Oregon and Federal government. Expenditures are primarily for general government activities including assessment, taxation, district attorney, and county clerk. Sub -funds of the General Fund: Economic Development — loan repayment and interest revenues for loans and grants to business and not-for-profit entities. Court Technology Reserve — transfers in and available resources for upgrades to Video Arraignment equipment. Assessment & Taxation Reserve — available resources for the upgrade or replacement of the assessment and taxation system for the County's property tax activities. Humane Society of Redmond — loan from the County's Solid Waste enterprise fund to provide resources for loans to Brightside Animal Clinic, formerly known as the Humane Society of Redmond. Project Development — proceeds from sale of County lands and Transfers In. Resources are transferred to debt service funds and used to acquire real property for use by the County. General County Projects — property taxes and inter -fund building rentals for upgrades, remodels and major maintenance projects of existing County real property. General Capital Reserve — available resources designated for building remodel and future major maintenance of County buildings. Community Justice - Juvenile — state grants and fees for juvenile delinquency programs within the County. Code Abatement — available resources for enforcement of County solid waste and sanitation codes. Vehicle Maintenance and Replacement — transfers from County funds and departments for vehicle replacement and repair. Sheriff's Office — revenues pursuant to intergovernmental agreements with Countywide and Rural Law Enforcement Districts used for public safety, including the operation of the adult jail. Countywide Law Enforcement District (District #1) — property taxes, charges for services, Federal and State grants for public safety, countywide, including the operation of the adult jail. Sub -fund of Countywide Law Enforcement District: Countywide Law Enforcement District — Capital Reserve — available resources reserved for major capital purchases. Rural Law Enforcement District (District #2) — property taxes, charges for services, Federal and State grants for public safety in rural areas. Sub -fund of Rural Law Enforcement District: Rural Law Enforcement District — Capital Reserve — available resources reserved for major capital purchases. 71 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 Road — State gas tax apportionment and Federal payments for building and maintaining public roads and highways. Sub -funds of Road: Road Improvement Reserve — fees for future infrastructure requirements. This sub -fund was inactivated effective June 20, 2015. Road Building and Equipment — transfers from Road Fund for future capital asset purchases. Deschutes County 9-1-1 County Service District — property taxes, charges for services and grants for operations of countywide emergency call center. Sub -fund of Deschutes County 9-1-1 County Service District: Deschutes County 9-1-1 County Service District Equipment Reserve — transfer from operating fund for future capital asset requirements. Behavioral Health — fees for services, Federal and State grants for mental health services and counseling. Major Funds — Proprietary — Enterprise Solid Waste — fees and charges for services for the operation, maintenance, closure and postclosure monitoring of the County's sanitary landfill and transfer and recycle stations. Fair & Expo Center — fees, inter -fund transfers and property taxes for the operation of a fair and expo center, annual county fair and payments for debt service. Nonmajor Governmental Funds Special Revenue Funds Justice Court — fines, fees and General Fund transfers for operating a justice court. Industrial Lands Proceeds — proceeds from land sales and lease payments for industrial development. Park Acquisition and Development — apportionment from the State of Oregon from recreational vehicle fees. Park Development Fees — fees paid by developers in lieu of land donation for park development. County School — local taxes and Federal forest receipts for education. Special Transportation — State grants for transportation. Taylor Grazing — Federal funds administered by State for rangeland improvement. Transient Room Tax — lodging tax for promotion of tourism and County services. PERS Reserve — previous years' charges to County's operating funds and departments to establish a reserve for increases in the PERS rate. Video Lottery — State's video lottery apportionment for grants promoting economic development. Transient Room Tax -1 % — Lodging taxes for marketing of recreational facilities. Foreclosed Land Sales — land sale proceeds for supervision and maintenance of properties acquired through tax foreclosure. Victims' Assistance — grants and General Fund transfers for providing assistance to crime victims. Law Library — State shared revenues for operating a law library. 72 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 County Clerk Records — fees for upgrading storage and retrieval systems. Early Learning Hub — Federal and State grants for family and children programs. Court Facilities — fines and fees to provide security in the court building. Deschutes County Communication System — contract payments for radio system for public safety organizations of Deschutes County. Communications System Reserve — payments from law enforcement districts which will be used for replacement of the countywide communication system. Public Health — fees for services, State grants and General Fund transfer for community wide health care. Healthy Start — fees for services and State grants for comprehensive prenatal care for low-income women and their infants. This fund has been inactivated effective June 30, 2015. Public Health Reserve — transfer from Public Health, made in Fiscal Year 2007, and interest on investments for reserve to enable sustained response to significant public health events. Accountable Behavioral Health Alliance (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. Community Development — fees and charges for services for planning, building safety, education and public services. Sub -fund of Community Development Community Development Reserve — Transfer from Community Development to create a reserve for economic stability. CDD Building Program Reserve — Transfer from Community Development for use in CDD's building inspection activities. CDD - Groundwater Partnership — transfers for maintenance of water quality and open space and fees from developers for the protection of groundwater, including rebates for replacement of septic systems. Newberry Neighborhood — proceeds from land sales and grants for maintenance of water quality and open space. 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. Surveyor — fees for survey measurements, plat reviews and document filing. Public Land Corner Preservation — fees for maintaining permanent monuments of survey corner positions. Countywide Transportation SDC Improvement — fees from developers and builders for upgrades and expansion of county road infrastructure. Dog Control — licenses, fees and donations for animal control. 73 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 Adult Parole and Probation — charges for services and State Department of Corrections grant for operation of County justice program. Deschutes County Extension and 4-H Service District — property taxes for Oregon State University's Extension Service programs. Sub -fund of Deschutes County Extension and 4-H Service District: Deschutes County Extension and 4-H Service District Reserve Fund — transfer from operations for future capital asset requirements. Debt Service Funds CDD Building Full Faith & Credit, Refunding Series 2004 — funds transferred from Community Development for debt service on bonds issued to build Community Development building. Full Faith and Credit Refunding Series 2012 — resources transferred from departments for debt service on bonds issued for building, remodel and acquisition of office buildings, communication system. Full Faith and Credit, 2005 — funds transferred from department for debt service on bonds issued to finance ADA compliance projects. Full Faith and Credit, 2008 — long-term operating leases for debt service on bonds issued for new office building. Full Faith and Credit, 2009 — transfers from the General Fund and the Sheriff's Office for debt service on bonds which were issued to purchase real property to be used for future expansion of the public safety campus. HHSBJCC Full Faith and Credit Refunding Series 2005 — inter -fund transfers for debt service on bonds issued for new construction and building remodel of facilities for use by Public and Behavioral Health Departments. Full Faith and Credit, 2010 — lease payments and remaining resources from capital project fund for debt service on bonds issued to build a secure treatment facility. Full Faith and Credit, 2013 — transfers from the General Fund and the Sheriff's Office for debt service on bonds issued to finance the expansion of the County's Adult Jail. PERS Series 2002 and 2004 Debt Service — transfer from operating funds for debt service on bonds issued to fund pension liability. Sunriver Library County Service District General Obligation — property taxes for debt service on bonds issued to build a public library in Sunriver. Capital Projects Funds Local Improvement District — collections on unbonded liens to improve roads and streets for benefited properties. This fund was inactivated effective June 30, 2015. North County Services Building — resources from the General County Projects fund to acquire property and remodel existing properties for use by various County departments. Campus Improvement — transfer from General Fund for campus improvements. Sisters Health Clinic — Federal grants and transfers used to build a facility to provide health services in the Sisters area. The project was completed Fall 2014 and the fund was inactivated effective June 30, 2015. Jail Project — bond proceeds, transfers in and inter -fund loans for the expansion of the County's adult jail. The project was completed Fall 2014 and this fund has been inactivated effective June 30, 2015. 74 Deschutes County, Oregon Notes to Financial Statements June 30, 2015 Nonmajor Proprietary Funds — Enterprise Fund RV Park — charges for space rental and transfers for the operation and maintenance of the County's recreational vehicle park and debt service. Nonmajor Proprietary Funds — Internal Service Funds Building Services — interfund charges for custodial, repairs and maintenance for County facilities. Administrative Services — interfund charges for services provided by County administration. Board of County Commissioners — interfund charges for services provided by the County's commissioners. 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 — interfand charges for future technology improvements. Insurance — interfund charges for general liability, property, vehicle, workers' compensation and unemployment insurance. Health Benefits — interfand charges for medical and dental insurance. Note 5 — Subsequent Event Changes in Pension Plan Subsequent to Measurement Date The Oregon Supreme Court on April 30, 2015, ruled in the Moro v. State of Oregon decision, that the provisions of Senate Bill 861, signed into law in October 2013, that limited the post-retirement COLA on benefits accrued prior to the signing of the law were unconstitutional. Benefits could be modified prospectively, but not retrospectively. As a result, those who retired before the bills were passed will continue to receive a COLA tied to the Consumer Price Index that normally results in a 2% increase annually. PERS will make restoration payments to those benefit recipients. PERS members who have accrued benefits before and after the effective dates of the 2013 legislation will have a blended COLA rate when they retire. This is a change in benefit terms subsequent to the measurement date of June 30, 2014, which will be reflected in next year's actuarial valuations. The impact of the Moro decision on the total pension liability and employer's net pension liability / (asset) has not been determined. However, PERS' third -parry actuaries have estimated the impact of the Moro decision under one method, which is summarized below (dollars in millions). The amounts noted above are for the entire PERS system, of which the County's proportionate share at the measurement date was .61383741%. Estimates have been rounded to the nearest $10 million. Net Pension Liability / (Asset) Total Pension Liability Fiduciary Net Position Net Pension Liability / (Asset) W June 30, 2014 Measurement Date Prior to Moro After Moro (estimated) $ 63,135 $ 68,050 65,402 65,400 $ (2,267) $ 2,650 This page left intentionally blank. Required Supplementary Information June 30, 2015 Deschutes County, Oregon This page left intentionally blank. Deschutes County, Oregon Schedule of the Proportionate Share of the Net Pension Liability Oregon Public Employees Retirement System Last 10 Fiscal Years* See notes to required supplementary information Totals may not add due to rounding 76 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Proportion of the net pension liability (asset) N/A N/A N/A N/A N/A N/A N/A N/A 0.61% 0.61% Proportionate share of the net pension liability (asset) N/A N/A N/A N/A N/A N/A N/A N/A 31,325,022 (13,913,943) Covered -employee payroll N/A N/A N/A N/A N/A N/A N/A N/A 53,294,382 55,105,388 Proportionate share of the net pension liability (asset) as a percentage of its covered -employee payroll N/A N/A N/A N/A N/A N/A N/A N/A 58.78% 25.25% Plan fiduciary net position as a percentage of the total pension liability N/A N/A N/A N/A N/A N/A N/A N/A 91.97% 103.59% * Schedule is intended to show information for 10 years. Additional years will be displayed as they become available. See notes to required supplementary information Totals may not add due to rounding 76 Deschutes County, Oregon Schedule of Employer Contributions Oregon Public Employees Retirement System Last 10 Fiscal Years* See notes to required supplementary information Totals may not add due to rounding V&A 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Contractually required contributions N/A N/A N/A N/A N/A N/A N/A N/A N/A $ 5,258,200 Contributions in relation to the contractually required contribution N/A N/A N/A N/A N/A N/A N/A N/A N/A 5,258,200 Contribution deficiency (excess) N/A N/A N/A N/A N/A N/A N/A N/A N/A - County's covered -employee payroll N/A N/A N/A N/A N/A N/A N/A N/A N/A 57,844,601 Contributions as a percentage of covered -employee payroll N/A N/A N/A N/A N/A N/A N/A N/A N/A 9.09% * Schedule is intended to show information for 10 years. Additional years will be displayed as they become available. See notes to required supplementary information Totals may not add due to rounding V&A Deschutes County, Oregon General Fund Operations Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Year Ended June 30, 2015 Clerk / Elections Personnel services Budgeted Amounts 776,831 749,071 27,760 Materials and services 759,279 759,279 Variance with 135,498 Original Final Actual Amounts Final Budget REVENUES Total Clerk / Elections 1,536,210 1,536,210 1,372,852 Local Board of Property Tax Appeals Taxes - property $ 23,360,851 $ 23,360,851 $ 23,896,184 $ 535,333 Licenses and permits 28,375 28,375 31,975 3,600 Fines, forfeitures and penalties - - 60 60 Investment earnings 90,200 90,200 97,193 6,993 Rents - - 19,617 19,617 Charges for services 1,258,515 1,258,515 1,802,493 543,978 Intergovernmental Materials and services 867,895 872,567 848,755 State 2,759,571 2,759,571 2,828,156 68,585 Federal 500,000 500,000 500,000 - Total revenues 27,997,512 27,997,512 29,175,678 1,178,166 Personnel services 456,926 EXPENDITURES 425,459 31,467 Materials and services 419,981 General government 352,616 67,365 Capital outlay 1,000 Assessor - 1,000 Total Tax 877,907 Personnel services 2,961,712 2,961,712 2,910,209 51,503 Materials and services 831,958 831,958 787,380 44,578 Capital outlay 100 100 - 100 Total Assessor 3,793,770 3,793,770 3,697,588 96,182 Clerk / Elections Personnel services 776,831 776,831 749,071 27,760 Materials and services 759,279 759,279 623,781 135,498 Capital outlay 100 100 - 100 Total Clerk / Elections 1,536,210 1,536,210 1,372,852 163,358 Board of Property Tax Appeals Personnel services 46,698 46,698 45,538 1,160 Materials and services 23,979 23,979 14,783 9,196 Capital outlay 100 100 - 100 Total Board of Prop Tax Appeals 70,777 70,777 60,320 10,457 District Attorney Personnel services 4,788,293 4,906,830 4,515,574 391,256 Materials and services 867,895 872,567 848,755 23,812 Capital outlay 45,000 45,000 - 45,000 Total District Attorney 5,701,188 5,824,397 5,364,328 460,069 Tax Personnel services 456,926 456,926 425,459 31,467 Materials and services 419,981 419,981 352,616 67,365 Capital outlay 1,000 1,000 - 1,000 Total Tax 877,907 877,907 778,075 99,832 See notes to required supplementary information (continued) Totals may not add due to rounding 78 Deschutes County, Oregon General Fund Operations Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Year Ended June 30, 2015 See notes to required supplementary information (continued) Totals may not add due to rounding 79 Budgeted Amounts Variance with Original Final Actual Amounts Final Budget EXPENDITURES (Continued) Veteran's Services Personnel services 220,111 230,211 223,502 6,709 Materials and services 134,778 129,678 107,081 22,597 Capital outlay 100 100 - 100 Total Veteran's Services 354,989 359,989 330,582 29,407 Property Management Personnel services 205,113 211,113 209,277 1,836 Materials and services 49,696 56,696 51,832 4,865 Capital outlay 100 100 - 100 Total Property Management 254,909 267,909 261,108 6,801 Non -Departmental Materials and services 1,139,596 1,148,596 1,130,753 17,843 Capital outlay 100 100 - 100 Total Non -Departmental 1,139,696 1,148,696 1,130,753 17,943 Total general government 13,729,446 13,879,655 12,995,607 884,048 Operating contingency 7,282,394 5,489,319 - 5,489,319 Total expenditures 21,011,840 19,368,974 12,995,607 6,373,367 Excess of revenues over expenditures 6,985,672 8,628,538 16,180,071 7,551,533 See notes to required supplementary information (continued) Totals may not add due to rounding 79 Deschutes County, Oregon General Fund Operations Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Year Ended June 30, 2015 Budgeted Amounts Original Final OTHER FINANCING SOURCES (USES) Variance with Actual Amounts Final Budget Transfers in 167,929 167,929 167,929 - Transfer out: District Attorney (10,980) (10,980) (10,980) - Property Management (3,660) (3,660) (3,660) - Non -Departmental (14,076,394) (16,340,578) (14,947,204) 1,393,374 Total other financing sources (uses) (13,923,105) (16,187,289) (14,793,915) 1,393,374 Net change in fund balance (6,937,433) (7,558,751) 1,386,156 8,944,907 Fund balance - beginning of year 7,692,433 7,692,433 8,485,753 793,320 Fund balance - end of year $ 755,000 $ 133,682 9,871,908 $ 9,738,227 Adjustment to generally accepted accounting principles (GAAP) basis: Economic Development 386,699 Court Technology Reserve 129,648 Assessment & Taxation Reserve 645,961 Humane Society of Redmond (216,855) Project Development 1,408,981 General County Projects 1,377,085 General Capital Reserve 1,647,475 Community Justice Juvenile 1,308,160 Code Abatement 98,042 Vehicle Maintenance & Replacement 1,048,732 Fund balance - US GAAP Basis $ 17,705,836 See notes to required supplementary information Totals may not add due to rounding 80 Deschutes County, Oregon Deschutes County Sheriff's Office Fund Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Year Ended June 30, 2015 Budgeted Amounts Actual Original Final Amounts REVENUES Intergovernmental Local 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 Net change in fund balance Fund balance - Beginning of year Fund balance - End of year See notes to required supplementary information Totals may not add due to rounding Variance with Final Budget $ 40,376,545 $ 40,376,545 $ 35,382,527 $ (4,994,018) 28,319,819 28,319,819 27,982,132 337,687 6,118,877 6,504,127 6,331,777 172,350 542,340 627,909 613,587 14,322 34,981,036 35,451,855 34,927,496 524,359 4,986,744 4,445,925 - 4,445,925 39,967,780 39,897,780 34,927,496 4,970,284 408,765 478,765 455,031 (23,734) (408,765) (478,765) (455,031) 23,734 81 Deschutes County, Oregon Countywide Law Enforcement District Fund Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Year Ended June 30, 2015 REVENUES Local Taxes - property Fines, forfeitures and penalties Investment earnings Charges for services Contributions and donations Other Intergovernmental Local State Federal Total revenues EXPENDITURES Materials and services Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers out Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Adjustment to generally accepted accounting principles (GAAP) basis: Countywide Law Enforcement Reserve Fund Fund balance - US GAAP Basis See notes to required supplementary information Totals may not add due to rounding Budgeted Amounts Actual Variance with Original Final Amounts Final Budget $ 17,652,944 $ 17,652,944 $ 18,126,156 $ 473,212 365,000 365,000 485,243 120,243 40,000 40,000 62,992 22,992 201,900 201,900 188,849 (13,051) 65,000 65,000 43,417 (21,583) 7,100 7,100 2,855 (4,245) 60,632 60,632 98,466 37,834 1,953,266 1,953,266 2,377,078 423,812 20,000 20,000 10,072 (9,928) 20,365,842 20,365,842 21,395,128 1,029,286 25,508,019 25,287,970 22,710,194 2,577,776 (51142,177) (4,922,128) (1,315,065) 3,607,063 (100,000) (100,000) (100,000) (5,242,177) (5,022,128) (1,415,065) 3,607,063 5,242,177 5,242,177 6,208,576 966,399 $ - $ 220,049 4,793,510 $ 4,573,461 82 630,381 $ 5,423,891 Deschutes County, Oregon Rural Law Enforcement District Fund Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Year Ended June 30, 2015 REVENUES Local Taxes - property Fines, forfeitures and penalties Investment earnings Charges for services Contributions and donations Other Intergovernmental Local State Federal Total revenues EXPENDITURES Materials and services Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers out Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Adjustment to generally accepted accounting principles (GAAP) basis: Rural Law Enforcement Reserve Fund Fund balance - US GAAP Basis See notes to required supplementary information Totals may not add due to rounding Budgeted Amounts Actual Variance with Original Final Amounts Final Budget $ 8,441,852 $ 8,441,852 $ 8,645,185 $ 203,333 150,500 150,500 154,368 3,868 21,000 21,000 33,448 12,448 22,000 22,000 10,553 (11,447) - - 17,030 17,030 26,000 26,000 21,811 (4,189) 3,620,314 3,620,314 3,786,529 166,215 314,600 314,600 250,389 (64,211) 155,500 155,500 144,542 (10,958) 12,751,766 12,751,766 13,063,856 312,090 15,068,526 15,068,526 12,872,334 2,196,192 (2,316,760) (2,316,760) 191,521 2,508,281 (100,000) (100,000) (100,000) (2,416,760) (2,416,760) 91,521 2,508,281 2,416,760 2,416,760 3,110,587 693,827 $ - $ - 3,202,108 $ 3,202,108 83 1,487,214 $ 4,689,322 Deschutes County, Oregon Road Department Fund Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Year Ended June 30, 2015 REVENUES Local Special assessments Investment earnings Rents Charges for services Intergovernmental Local State Federal Total revenues EXPENDITURES Personnel services Materials and services Debt Service Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Budgeted Amounts Original Final Actual Amounts Variance with Final Budget $ 205,000 $ 205,000 $ 116,946 $ (88,054) 52,840 52,840 128,442 75,602 - - 1,201 1,201 1,268,200 1,268,200 1,277,519 9,319 804,200 804,200 664,062 (140,139) 11,822,629 11,822,629 12,129,166 306,537 2,300,950 2,300,950 2,640,751 339,801 16,453,819 16,453,819 16,958,086 504,267 $ 11,600 13,378,247 $ 13,366,647 5,555,695 5,631,695 5,539,866 91,829 10,622,604 10,622,604 8,322,601 2,300,003 117,000 117,000 106,554 10,446 8,875,507 8,875,507 1,764,850 7,110,657 25,170,806 25,246,806 15,733,871 9,512,935 1,936,501 1,848,901 - 1,848,901 27,107,307 27,095,707 15,733,871 11,361,836 (10,653,488) (10,641,888) 1,224,215 11,866,103 OTHER FINANCING SOURCES (USES) Transfers in 2,299,156 2,299,156 1,310,544 (988,612) Transfers out (600,000) (600,000) (600,000) - Total other financing sources (uses) 1,699,156 1,699,156 710,544 (988,612) Net change in fund balance (8,954,332) (8,942,732) 1,934,759 10,877,491 Fund balance - Beginning of year 8,954,332 8,954,332 11,443,488 2,489,156 Fund balance - End of year $ - $ 11,600 13,378,247 $ 13,366,647 Adjustment to generally accepted accounting principles (GAAP) basis: Road Building and Equipment 875,375 Fund balance - US GAAP Basis $ 14,253,622 See notes to required supplementary information Totals may not add due to rounding 84 Deschutes County, Oregon Deschutes County 9-1-1 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 REVENUES Local Taxes - property Investment earnings Charges for services Intergovernmental Local State Federal Total revenues EXPENDITURES Budgeted Amounts Original Final $ 6,620,015 $ 6,620,015 30,600 30,600 360,788 360,788 Actual $ 6,856,163 39,758 374,524 Variance with Final Budget $ 236,148 9,158 13,736 60,000 60,000 72,490 12,490 786,000 786,000 815,303 29,303 150,000 150,000 - (150,000) 8,007,403 8,007,403 8,158,237 150,834 Personnel services 5,521,419 5,683,538 4,885,484 798,054 Materials and services 2,077,868 2,077,868 1,987,159 90,709 Capital outlay 350,000 350,000 234,798 115,202 Total 7,949,287 8,111,406 7,107,441 1,003,965 Operating contingency 3,468,116 3,305,997 - 3,305,997 Total expenditures 11,417,403 11,417,403 7,107,441 4,309,962 Net change in fund balance (3,410,000) (3,410,000) 1,050,796 4,460,796 Fund balance - Beginning of year 3,410,000 3,410,000 3,968,170 558,170 Fund balance - End of year $ - $ - 5,018,966 $ 5,018,966 Adjustment to generally accepted accounting principles (GAAP) basis: Deschutes County 9-1-1 Equipement Reserve Fund balance - US GAAP Basis Totals may not add due to rounding 85 10,231,015 $ 15,249,982 Deschutes County, Oregon Behavioral Health Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Year Ended June 30, 2015 Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding (3,313,248) (3,313,248) 1,114,716 4,427,964 3,313,248 3,313,248 2,925,485 (387,763) 86 $ 4,040,201 $ 4,0401201 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Licenses and permits $ 147,200 $ 147,200 $ 134,872 $ (12,328) Investment earnings 19,500 19,500 39,989 20,489 Rents 18,800 18,800 11,612 (7,188) Charges for services 11,417,595 11,417,595 11,556,895 139,300 Contributions and donations - - 477,478 477,478 Intergovernmental Local 192,000 192,000 164,448 (27,552) State 8,220,886 10,504,730 8,731,129 (1,773,601) Federal 238,849 238,849 195,048 (43,801) Total revenues 20,254,830 22,538,674 21,311,470 (1,227,204) EXPENDITURES Personnel services 14,762,595 15,467,644 14,366,806 1,100,838 Materials and services 6,989,403 9,121,319 7,007,968 2,113,351 Capital outlay 100 188,850 181,976 6,874 Total 21,752,098 24,777,813 21,556,751 3,221,062 Operating contingency 3,175,976 2,434,105 - 2,434,105 Total expenditures 24,928,074 27,211,918 21,556,751 5,655,167 Excess (deficiency) of revenues over expenditures (4,673,244) (4,673,244) (245,280) 4,427,964 OTHER FINANCING SOURCES (USES) Transfers in 1,564,896 1,564,896 1,564,896 - Transfer out (204,900) (204,900) (204,900) - Total other financing sources (uses) 1,359,996 1,359,996 1,359,996 - Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding (3,313,248) (3,313,248) 1,114,716 4,427,964 3,313,248 3,313,248 2,925,485 (387,763) 86 $ 4,040,201 $ 4,0401201 Deschutes County, Oregon Notes to Required Supplementary Information June 30, 2015 Note 1— Adjustments from Budgetary Basis of Accounting to GAAP The County has certain governmental funds maintained for budgetary purposes that do not meet the definition of Special Revenue Funds for GAAP reporting purposes. At year-end, the ending fund balances for these funds are combined with the General Fund, Countywide Law Enforcement District, Rural Law Enforcement District, Road Department Fund, and Deschutes County 9-1-1 County Service District, as applicable. Note 2 — Stewardship, Compliance and Accountability The Board of County Commissioners adopts a resolution authorizing appropriations for each fund, which establishes the level by which expenditures cannot lawfully exceed appropriations. Appropriations are established at the principal object level for each department of the General Fund — personnel services, materials and services, capital outlay, debt service, transfers to other funds and operating contingency. For all other funds, the appropriations are established at the principal object level. 87 Other Supplementary Information June 30, 2015 Deschutes County, Oregon Combining and Individual Funds Statements and Schedules — Major Governmental Funds and Sub -Funds June 30, 2015 Deschutes County, Oregon This page left intentionally blank. Deschutes County, Oregon General Fund and Sub -Funds of General Fund Combining Balance Sheet June 30, 2015 Totals may not add due to rounding (continued) 88 General Court Assessment Fund Economic Technology & Taxation Operations Development Reserve Reserve ASSETS Cash and cash equivalents $ 2,965,999 $ 32,899 $ 31,549 $ 157,189 Investments, at fair value; plus accrued interest 9,218,989 102,300 98,099 488,772 Taxes receivable 688,455 - - - Accounts receivable 272,970 - - - Notes and contracts receivable - 251,500 - - Total assets $ 13,146,413 $ 386,699 $ 129,648 $ 645,961 LIABILITIES Accounts payable $ 879,841 $ - $ - $ - Due to other funds - - - - Deposits 11,016 - - - Unearned revenue 1,768,937 - - - Total liabilities 2,659,794 - - - DEFERRED INFLOWS OF RESOURCES Unavailable revenue - property taxes 614,711 - - - Unavailable revenue - contracts of sale - - - - Total deferred inflows of resources 614,711 - - - FUND BALANCES Nonspendable - 251,500 - - Committed - 135,199 - - Assigned 206,090 - 129,648 645,961 Unassigned 9,665,818 - - - Total fund balances 9,871,908 386,699 129,648 645,961 Total liabilities, deferred inflows of resources and fund balances $ 13,146,413 $ 386,699 $ 129,648 $ 645,961 Totals may not add due to rounding (continued) 88 Deschutes County, Oregon General Fund and Sub -Funds of General Fund Combining Balance Sheet June 30, 2015 LIABILITIES Accounts payable Humane 100 General General 481,878 Society Project County Capital - of Redmond Development Projects Reserve ASSETS Total liabilities 481,878 510 125,856 - Cash and cash equivalents $ - $ 335,607 $ 364,395 $ 400,899 Investments, at fair value; plus accrued interest - 1,043,556 1,133,070 1,246,576 Taxes receivable - - 21,220 - Accounts receivable - 30,327 3,200 - Notes and contracts receivable 265,023 2,393,617 - - Total assets $ 265,023 $ 3,803,108 $ 1,521,885 $ 1,647,475 LIABILITIES Accounts payable $ - $ 100 $ 125,856 $ - Due to other funds 481,878 - - - Deposits - - - - Unearned revenue - 410 - - Total liabilities 481,878 510 125,856 - DEFERRED INFLOW OF RESOURCES Unavailable revenue - property taxes - - 18,943 - Unavailable revenue - contracts of sale - 2,393,617 - - Total deferred inflow of resources - 2,393,617 18,943 - FUND BALANCES Nonspendable 265,023 - - - Committed - - - 1,647,475 Assigned - 1,408,981 1,377,085 - Unassigned (481,878) - - - Total fund balances (216,855) 1,408,981 1,377,085 1,647,475 Total liabilities, deferred inflows of resources and fund balances $ 265,023 $ 3,803,108 $ 1,521,885 $ 1,647,475 Totals may not add due to rounding (continued) 89 Deschutes County, Oregon General Fund and Sub -Funds of General Fund Combining Balance Sheet June 30, 2015 Community Vehicle Justice Code Maintenance & Totals may not add due to rounding 90 Juvenile Abatement Replacement Total ASSETS Cash and cash equivalents $ 292,910 $ 23,858 $ 255,200 $ 4,860,505 Investments, at fair value; plus accrued interest 910,634 74,184 793,532 15,109,712 Taxes receivable - - - 709,675 Accounts receivable 115,583 - - 422,080 Notes and contracts receivable - - - 2,910,140 Total assets $ 1,319,126 $ 98,042 $ 1,048,732 $ 24,012,112 LIABILITIES Accounts payable $ 10,151 $ - $ - $ 1,015,949 Due to other funds - - - 481,878 Deposits - - - 11,016 Unearned revenue 815 - -1,770,162 Total liabilities 10,966 - - 3,279,005 DEFERRED INFLOW OF RESOURCES Unavailable revenue - property taxes - - - 633,654 Unavailable revenue - contracts of sale - - -2,393,617 Total deferred inflow of resources - - - 3,027,271 FUND BALANCES Nonspendable - - - 516,523 Committed - - - 1,782,674 Assigned 1,308,160 98,042 1,048,732 6,222,698 Unassigned - - - 9,183,941 Total fund balances 1,308,160 98,042 1,048,732 17,705,836 Total liabilities, deferred inflows of resources and fund balances $ 1,319,126 $ 98,042 $ 1,048,732 $ 24,012,1 12 Totals may not add due to rounding 90 Deschutes County, Oregon Countywide Law Enforcement District - Operating Fund & Sub -Fund Combining Balance Sheet June 30, 2015 ASSETS Cash and cash equivalents Investments, at fair value; plus accrued interest Taxes receivable Accounts receivable Total assets LIABILITIES Unearned revenue DEFERRED INFLOWS OF RESOURCES Unavailable revenue - property taxes FUND BALANCES Restricted Total liabilities, deferred inflow of resources and fund balances Totals may not add due to rounding Operating Reserve Fund Fund Total $ 1,112,984 $ 153,398 $ 1,266,381 3,461,018 476,983 3,938,001 507,285 - 507,285 198,975 - 198,975 $ 5,280,262 $ 630,381 $ 5,910,643 $ 33,452 $ - $ 33,452 453,300 453,300 4,793,510 630,381 5,423,891 $ 5,280,262 $ 630,381 $ 5,910,643 Deschutes County, Oregon Rural Law Enforcement District - Operating Fund & Sub -Fund Combining Balance Sheet June 30, 2015 ASSETS Cash and cash equivalents Investments, at fair value; plus accrued interest Taxes receivable Accounts receivable Total assets DEFERRED INFLOWS OF RESOURCES Unavailable revenue - property taxes FUND BALANCES Restricted Total liabilities, deferred inflow of resources and fund balances Totals may not add due to rounding Operating Reserve Fund Fund Total $ 727,189 $ 361,900 $ 1,089,089 2,261,161 1,125,313 3,386,474 244,269 - 244,269 187,591 - 187,591 $ 3,420,209 $ 1,487,214 $ 4,907,423 $ 218,100 $ - $ 218,100 3,202,108 1,487,214 4,689,322 $ 3,420,209 $ 1,487,214 $ 4,907,423 Deschutes County, Oregon Deschutes County Road Department - Operating Fund and Sub -Fund Combining Balance Sheet June 30, 2015 Road Dept Road Bldg Operating and Equip Fund Fund Total ASSETS Cash and cash equivalents $ 3,196,512 $ 215,114 $ 3,411,626 Investments, at fair value; plus accrued interest 9,935,835 668,887 10,604,722 Accounts receivable 651,233 - 651,233 Assessments receivable 366,486 - 366,486 Inventory 1,661,639 - 1,661,639 Total assets LIABILITIES Accounts payable Unearned revenue Total liabilities DEFERRED INFLOWS OF RESOURCES Unavailable revenue - special assessments FUND BALANCES Nonspendable Restricted Total fund balances Total liabilities, deferred inflows of resources and fund balances Totals may not add due to rounding $ 15,811,705 $ 884,000 $ 16,695,706 $ 2,066,972 $ 8,625 $ 2,075,597 2,066,972 8,625 2,075,597 366,486 366,486 1,661,639 - 1,661,639 11,716,608 875,375 12,591,983 13,378,247 875,375 14,253,622 $ 15,811,705 $ 884,000 $ 16,695,706 ►� c Deschutes County, Oregon Deschutes County 9-1-1 County Service District - Operating Fund & Sub -Fund Combining Balance Sheet June 30, 2015 ASSETS Cash and cash equivalents Investments, at fair value; plus accrued interest Taxes receivable Accounts receivable Total assets LIABILITIES Accounts payable DEFERRED INFLOWS OF RESOURCES Unavailable revenue -property taxes FUND BALANCES Restricted Total liabilities, deferred inflow of resources and fund balances Totals may not add due to rounding Deschutes County 9-1-1 Des Co 9-1-1 Operating Equipment Fund Reserve Total $ 1,174,366 $ 2,489,628 $ 3,663,994 3,651,639 7,741,387 11,393,026 194,055 - 194,055 207,444 - 207,444 $ 5,227,504 $ 10,231,015 $ 15,458,519 $ 34,691 $ - $ 34,691 173,846 173,846 5,018, 966 10,231,015 15,249,982 $ 5,227,504 $ 10,231,015 $ 15,458,519 MIX Deschutes County, Oregon General Fund and Sub -Funds of General Fund Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances Year Ended June 30, 2015 REVENUES Taxes - property Licenses and permits Fines, forfeitures and penalties Investment earnings Rents Intergovernmental Charges for services Contributions and donations Payments on contracts of sale Other Total revenues EXPENDITURES Current: General government Public safety Health and welfare Debt service: Interest Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Inter -fund: Transfers in Transfers out Intra -fund: Transfers in Transfers out Total other financing sources (uses) Net change in fund balances General Court Fund Economic Technology Operations Development Reserve $ 23,896,184 $ - $ - 31,975 - - 60 - - 97,193 1,036 881 19,617 - - 3,328,156 - - 1,802,493 - - 29,175,678 1,036 Assessment & Taxation Reserve 4,593 881 4,593 12,665,025 150,000 1,766 - 330,582 - - - 12,995,607 150,000 16,180,071 (148,964) (885) 4,593 167,929 (8,906,858) 90,360 140,000 32,000 100,000 (6,054,986) - - - (14,793,915) 140,000 32,000 190,360 1,386,156 (8,964) 31,115 194,953 Fund balances - Beginning, as reported 8,485,753 114,719 98,533 451,007 Plus prior period adjustments - 280,945 - - Fund balances - Beginning of year, as restated 8,485,753 395,663 98,533 451,007 Fund balances - End of year $ 9,871,908 $ 386,699 $ 129,648 $ 645,961 Totals may not add due to rounding (continued) 95 Deschutes County, Oregon General Fund and Sub -Funds of General Fund Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances Year Ended June 30, 2015 REVENUES Taxes - property Licenses and permits Fines, forfeitures and penalties Investment earnings Rents Intergovernmental Charges for services Contributions and donations Payments on contracts of sale Other Total revenues EXPENDITURES Current: General government Public safety Health and welfare Debt service: Interest Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Inter -fund: Transfers in Transfers out Intra -fund: Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balances - Beginning, as reported Plus prior period adjustments Fund balances - Beginning of year, as restated Fund balances - End of year Humane (855,354) General General Society Project County Capital of Redmond Development Projects Reserve (215,314) 2,264,335 $ 745,633 $ - 1,883 169,843 10,874 7,721 - - 454,255 - - - 52,903 - - - 58,111 - - 74,654 - - - 58,101 - 1,000,000 1,883 302,598 1,321,777 1,007,721 - 57,194 458,689 - 3,424 - - - - 10,000 455,943 - 3,424 67,194 914,631 - (1,541) 235,404 407,146 1,007,721 300,000 219,613 - - (1,790,758) (1,035,739) - - 400,000 - - (1,090,758) (816,126) (1,541) (855,354) (408,981) 1,007,721 (478,454) 2,264,335 1,786,065 639,754 263,140 - - - (215,314) 2,264,335 1,786,065 639,754 $ (216,855) $ 1,408,981 $ 1,377,085 $ 1,647,475 Totals may not add due to rounding (continued) 96 Deschutes County, Oregon General Fund and Sub -Funds of General Fund Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances Year Ended June 30, 2015 REVENUES Taxes - property Licenses and permits Fines, forfeitures and penalties Investment earnings Rents Intergovernmental Charges for services Contributions and donations Payments on contracts of sale Other Total revenues EXPENDITURES Current: General government Public safety Health and welfare Debt service: Interest Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Inter -fund: Transfers in Transfers out Intra -fund: Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Community Justice Juvenile 8,242 10,457 7,694 574,335 99,347 919 700,994 6,002,330 6,002,330 (5,301,336) 5,368,346 (3,660) 5,364,686 Code 756 756 Vehicle Maintenance & Replacement Total $ - $ 24,641,817 - 31,975 - 8,302 8,498 313,735 - 481,567 - 3,902,490 - 1,954,743 - 59,030 - 74,654 16,855 1,074,956 25,353 32,543,269 89,484 13,422,157 - 6,002,330 330,582 - 3,424 243,331 709,274 332,815 20,467,768 756 (307,462) 12,075,502 360,106 1,138,008 - (11,733,355) 18,300 6,058,646 (6,058,646) 378,406 (10,595,347) 63,350 756 70,944 1,480,154 Fund balances - Beginning, as reported 1,244,810 97,286 977,788 15,681,597 Plus prior period adjustments - - - 544,085 Fund balances - Beginning of year, as restated 1,244,810 97,286 977,788 16,225,682 Fund balances - End of year $ 1,308,160 $ 98,042 $ 1,048,732 $ 17,705,836 Totals may not add due to rounding D'i71 Deschutes County, Oregon Countywide Law Enforcement District - Operating Fund & Sub -Fund Combining Schedule of Revenues, Expenditures, and Changes in Fund Balance Year Ended June 30, 2015 EXPENDITURES Current: Public safety Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Intra -fund: Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balance - Beginning of year Fund balances - End of year 22,710,194 847,049 23,557,242 22,710,194 847,049 23,557,242 (1,315,065) (842,468) (2,157,534) (100,000) (100,000) (1,415,065) 6,208,576 $ 4,793,510 Totals may not add due to rounding 98 100,000 100,000 (742,468) 1,372, 849 $ 630,381 100,000 (100,000) (2,157,534) 7,581,425 $ 5,423,891 Operating Reserve Fund Fund Total REVENUES Taxes - property $ 18,126,156 $ - $ 18,126,156 Fines, forfeitures and penalties 485,243 - 485,243 Investment earnings 62,992 4,580 67,573 Charges for services 188,849 - 188,849 Intergovernmental 2,485,617 - 2,485,617 Contributions and donations 43,417 - 43,417 Other 2,855 - 2,855 Total revenues 21,395,128 4,580 21,399,709 EXPENDITURES Current: Public safety Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Intra -fund: Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balance - Beginning of year Fund balances - End of year 22,710,194 847,049 23,557,242 22,710,194 847,049 23,557,242 (1,315,065) (842,468) (2,157,534) (100,000) (100,000) (1,415,065) 6,208,576 $ 4,793,510 Totals may not add due to rounding 98 100,000 100,000 (742,468) 1,372, 849 $ 630,381 100,000 (100,000) (2,157,534) 7,581,425 $ 5,423,891 Deschutes County, Oregon Rural Law Enforcement District - Operating Fund & Sub -Fund Combining Schedule of Revenues, Expenditures, and Changes in Fund Balance Year Ended June 30, 2015 REVENUES Taxes - property Fines, forfeitures and penalties Investment earnings Intergovernmental Charges for services Contributions and donations Other Total revenues EXPENDITURES Current: Public safety Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Intra -fund: Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balance - Beginning of year Fund balances - End of year Totals may not add due to rounding Operating Reserve Fund Fund Total $ 8,645,185 $ - $ 8,645,185 154,368 - 154,368 33,448 11,184 44,632 4,181,461 - 4,181,461 10,553 - 10,553 17,030 - 17,030 21,811 - 21,811 13,063,856 11,184 13,075,040 12,872,334 - 12,872,334 191,521 11,184 202,706 - 100,000 100,000 (100,000) - (100,000) (100,000) 100,000 - 91,521 111,184 202,706 3,110,587 1,376,030 4,486,616 $ 3,202,108 $ 1,487,214 $ 4,689,322 J' Deschutes County, Oregon Deschutes County Road Department - Operating Fund and Sub -Funds Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances Year Ended June 30, 2015 REVENUES Special assessments Investment earnings Rents Intergovernmental Charges for services Total revenues EXPENDITURES Current: County roads Debt service Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Road Dept Road Bldg Road Operating and Equip Improvement Fund Fund Reserve Total $ 116,946 $ - $ - 128,442 6,321 61 1,201 - - 15,433,978 - - 1,277,519 - - 16,958,086 6,321 61 13,862,467 16,283 - 106,554 - - 1,764,850 407,937 - 15,733,871 424,220 - $ 116,946 134,824 1,201 15,433,978 1,277,519 16,964,469 13,878,750 106,554 2,172,788 16,158,092 1,224,215 (417,900) 61 806,377 OTHER FINANCING SOURCES (USES) Inter -fund: Transfers in 1,298,156 - - 1,298,156 Intra -fund Transfers in 12,388 600,000 - 612,388 Transfers out (600,000) - (12,388) (612,388) Total other financing sources (uses) 710,544 600,000 (12,388) 1,298,156 Net change in fund balance 1,934,759 182,100 (12,327) 2,104,533 Fund balance - Beginning of year 11,443,488 693,275 12,327 12,149,090 Fund balance - End of year $ 13,378,247 $ 875,375 $ - $ 14,253,622 Totals may not add due to rounding 100 Deschutes County, Oregon Deschutes County 9-1-1 County Service District - Operating Fund & Sub -Fund Combining Schedule of Revenues, Expenditures, and Changes in Fund Balance Year Ended June 30, 2015 Deschutes County 9-1-1 Des Co 9-1-1 Operating Equipment Fund Reserve REVENUES Local Taxes - property Investment earnings Charges for services Intergovernmental Local State Federal Total revenues EXPENDITURES Current: Public safety Capital outlay Total expenditures Net change in fund balances Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding $ 6,856,163 $ - 39,758 78,853 374,524 - 72,490 - 815,303 - Total $ 6,856,163 118,611 374,524 72,490 815,303 8,158,237 78,853 8,237,091 6,872,643 - 6,872,643 234,798 - 234,798 7,107,441 - 7,107,441 1,050,796 78,853 1,129,649 3,968,170 10,152,162 14,120,332 $ 5,018,966 $ 10,231,015 $ 15,249,982 101 Deschutes County, Oregon Economic Development (Sub -Fund of General Fund) Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 500 $ 500 $ 1,036 $ 536 Loan repayments 26,667 26,667 - (26,667) Total revenues 27,167 27,167 1,036 (26,131) EXPENDITURES Materials and services 187,167 287,167 150,000 137,167 Excess (deficiency) of revenues over expenditures (160,000) (260,000) (148,964) 111,036 OTHER FINANCING SOURCES (USES) Appropriation transfer - 100,000 - (100,000) Transfer in 40,000 40,000 140,000 100,000 Net other financing sources (uses) 40,000 140,000 140,000 - Net change in fund balance (120,000) (120,000) (8,964) 111,036 Fund balance - Beginning of year, as reported 120,000 120,000 114,719 (5,281) Plus prior period adjustment - - 280,945 280,945 Fund balance - Beginning of year, restated 120,000 120,000 395,663 275,663 Fund balance - End of year $ - $ - $ 386,699 $ 386,699 Totals may not add due to rounding 102 Deschutes County, Oregon Court Technology Reserve (Sub -Fund of General Fund) Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 200 $ 200 $ 881 $ 681 EXPENDITURES Materials and services 52,000 52,000 1,766 50,234 Capital outlay 20,000 20,000 - 20,000 Total expenditures 72,000 72,000 1,766 70,234 Excess (deficiency) of revenues over expenditures (71,800) (71,800) (885) 70,915 OTHER FINANCING SOURCES (USES) Transfers in 32,000 32,000 32,000 - Net change in fund balance (39,800) (39,800) 31,115 70,915 Fund balance - Beginning of year 95,933 95,933 98,533 2,600 Fund balance - End of year $ 56,133 $ 56,133 $ 129,648 $ 73,515 Totals may not add due to rounding 103 Deschutes County, Oregon Assessment and Taxation Reserve (Sub -Fund of General Fund) Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 3,000 $ 3,000 $ 4,593 $ 1,593 EXPENDITURES Capital outlay 200,000 200,000 - 200,000 Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding (197,000) (197,000) 4,593 201,593 190,360 190,360 190,360 (6,640) (6,640) 194,953 201,593 540,000 540,000 451,007 (88,993) $ 533,360 $ 533,360 $ 645,961 $ 112,601 104 Deschutes County, Oregon Humane Society of Redmond (Sub -Fund of General Fund) Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ - $ - $ 1,883 $ 1,883 Loan repayment 515,000 515,000 - (515,000) Total revenues 515,000 515,000 1,883 (513,117) EXPENDITURES Debt Service 515,000 515,000 3,424 511,576 Net change in fund balance - - (1,541) (1,541) Fund balance - Beginning of year, as reported - - (478,454) (478,454) Plus prior period adjustment - - 263,140 263,140 Fund balance - Beginning of year, restated (215,314) (215,314) Fund balance - End of year $ - $ - $ (216,855) $ (216,855) Totals may not add due to rounding 105 Deschutes County, Oregon Project Development Fund (Sub -Fund of General Fund) Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Original Final Actual Amounts Variance with Final Budget REVENUES Local Investment earnings $ 165,000 $ 165,000 $ 169,843 $ 4,843 Payments on contracts of sale 50,000 50,000 74,654 24,654 Other - - 58,101 58,101 Total revenues 215,000 215,000 302,598 87,598 EXPENDITURES Materials and services Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) 162,200 162,200 57,194 105,006 980,522 71,022 10,000 61,022 1,142,722 233,222 67,194 166,028 (927,722) (18,222) 235,404 253,626 Transfers in 1,125,922 1,125,922 700,000 (425,922) Transfer out (884,022) (1,793,522) (1,790,758) 2,764 Net other financing sources (uses) 241,900 (667,600) (1,090,758) (423,158) Net change in fund balance (685,822) (685,822) (855,354) (169,532) Fund balance - Beginning of year 2,320,000 2,320,000 2,264,335 (55,665) Fund balance - End of year $ 1,634,178 $ 1,634,178 $ 1,408,981 $ (225,197) Totals may not add due to rounding 106 Deschutes County, Oregon General County Projects (Sub -Fund of General Fund) Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Totals may not add due to rounding 107 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Taxes - property $ 720,000 $ 720,000 $ 745,633 $ 25,633 Investment earnings 10,000 10,000 10,874 874 Rent 454,255 454,255 454,255 - Charges for services - - 52,903 52,903 Donations - - 58,111 58,111 Total revenues 1,184,255 1,184,255 1,321,777 137,522 EXPENDITURES Materials and services 391,162 501,162 458,689 42,473 Capital outlay 340,000 460,000 455,943 4,057 Total 731,162 961,162 914,631 46,531 Operating contingency 1,247,454 1,017,454 - 1,017,454 Total expenditures 1,978,616 1,978,616 914,631 1,063,985 Excess (deficiency) of revenues over expenditures (794,361) (794,361) 407,146 1,201,507 OTHER FINANCING SOURCES (USES) Transfers in 200,100 200,100 219,613 19,513 Transfers out (1,035,739) (1,035,739) (1,035,739) - Total other financing sources (uses) (835,639) (835,639) (816,126) 19,513 Net change in fund balance (1,630,000) (1,630,000) (408,981) 1,221,019 Fund balance - Beginning of year 1,630,000 1,630,000 1,786,065 156,065 Fund balance - End of year $ - $ - $ 1,377,085 $ 1,377,085 Totals may not add due to rounding 107 Deschutes County, Oregon General Capital Reserve (Sub -Fund of General Fund) Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 EXPENDITURES Capital outlay 642,300 642,300 - 642,300 Net change in fund balance (638,500) (638,500) 1,007,721 1,646,221 Fund balance - Beginning of year 638,500 638,500 639,754 1,254 Fund balance - End of year $ - $ - $ 1,647,475 $ 1,647,475 Totals may not add due to rounding 108 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 3,800 $ 3,800 $ 7,721 $ 3,921 Other - - 1,000,000 1,000,000 Total revenues 3,800 3,800 1,007,721 1,003,921 EXPENDITURES Capital outlay 642,300 642,300 - 642,300 Net change in fund balance (638,500) (638,500) 1,007,721 1,646,221 Fund balance - Beginning of year 638,500 638,500 639,754 1,254 Fund balance - End of year $ - $ - $ 1,647,475 $ 1,647,475 Totals may not add due to rounding 108 Deschutes County, Oregon Community Justice - Juvenile (Sub -Fund of General Fund) Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 REVENUES Local Fines, forfeitures and penalties Investment earnings Rents Charges for services Contributions and donations 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 Transfers out Total other financing sources (uses) Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding Budgeted Amounts Variance with Original Final Actual Final Budget $ 50 $ 50 $ 8,242 $ 8,192 7,000 7,000 10,457 3,457 - - 7,694 7,694 44,675 44,675 99,347 54,672 800 800 919 119 20,000 20,000 20,000 - 520,896 520,896 553,129 32,233 - - 1,205 1,205 5 93 ,421 593,421 700, 994 107,573 5,146,491 5,146,491 4,994,826 151,665 1,021,392 1,057,441 1,007,504 49,937 1,100 1,100 - 1,100 6,168,983 6,205,032 6,002,330 202,702 1,039,124 1,003,075 - 1,003,075 7,208,107 7,208,107 6,002,330 1,205,777 (6,614,686) (6,614,686) (5,301,336) 1,313,350 5,368,346 5,368,346 5,368,346 (3,660) (3,660) (3,660) 5,364,686 5,364,686 5,364,686 (1,250,000) (1,250,000) 63,350 1,313,350 1,250,000 1,250,000 1,244,810 (5,190) $ - $ - $ 1,308,160 $ 1,308,160 109 Deschutes County, Oregon Code Abatement (Sub -Fund of General Fund) Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 800 $ 800 $ 756 $ (44) EXPENDITURES Materials and services 98,300 98,300 - 98,300 Net change in fund balance (97,500) (97,500) 756 98,256 Fund balance - Beginning of year 97,500 97,500 97,286 (214) Fund balance - End of year $ - $ - $ 98,042 $ 98,042 Totals may not add due to rounding 110 Deschutes County, Oregon Vehicle Maintenance and Replacement (Sub -Fund of General Fund) Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 REVENUES Local Investment earnings Sale of equipment Total revenues EXPENDITURES Budgeted Amounts Variance with Original Final Actual Final Budget - $ 8,498 $ 8,498 16,855 16,855 25,353 25,353 Materials and services 90,000 95,000 89,484 5,516 Capital outlay 250,000 245,000 243,331 1,669 Total expenditures 340,000 340,000 332,815 7,185 Excess (deficiency) of revenues over expenditures (340,000) (340,000) (307,462) 32,538 OTHER FINANCING SOURCES (USES) Transfers in 235,060 235,060 378,406 143,346 Net change in fund balance (104,940) (104,940) 70,944 175,884 Fund balance - Beginning of year 933,988 933,988 977,788 43,800 Fund balance - End of year $ 829,048 $ 829,048 $ 1,048,732 $ 219,684 Totals may not add due to rounding 111 Deschutes County, Oregon Countywide Law Enforcement District - Capital Reserve (Sub -Fund of Countywide Law Enforcement District) Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 2,000 $ 2,000 $ 4,580 $ 2,580 EXPENDITURES Materials and services Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) 100 847,149 847,049 627,000 - - 627,100 847,149 847,049 100 100 (625,100) (845,149) (842,468) 2,681 Appropriation transfer - 220,049 - (220,049) Transfers in 100,000 100,000 100,000 - Net change in fund balance (525,100) (525,100) (742,468) (217,368) Fund balance - Beginning of year 525,100 525,100 1,372,849 847,749 Fund balance - End of year $ - $ - $ 630,381 $ 630,381 Totals may not add due to rounding 112 Deschutes County, Oregon Rural Law Enforcement District - Capital Reserve (Sub -Fund of Rural Law Enforcement District) Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 7,000 $ 7,000 $ 11,184 $ 4,184 EXPENDITURES Materials and services Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding 100 100 1,480,900 1,480,900 1,481,000 1,481,000 100 1,480,900 1,481,000 (1,474,000) (1,474,000) 11,184 1,485,184 100,000 100,000 100,000 (1,374,000) (1,374,000) 111,184 1,485,184 1,374,000 1,374,000 1,376,030 2,030 $ - $ - $ 1,487,214 $ 1,487,214 113 Deschutes County, Oregon Road Improvement Reserve (Sub -Fund of Road Department Fund) Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Appropriation Transfer Transfers out Total other financing sources (uses) Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding $ 100 $ 100 100 $ 61 $ (39) 100 61 (39) - 11,600 - (11,600) (1,000) (12,600) (12,388) 212 (1,000) (1,000) (12,388) (11,388) (900) (900) (12,327) (11,427) 12,306 12,306 12,327 21 $ 11,406 $ 11,406 $ - $ (11,406) 114 Deschutes County, Oregon Road Building and Equipment (Sub -Fund of Road Department Fund) Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 REVENUES Local Investment earnings EXPENDITURES Materials and services Capital outlay Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures Budgeted Amounts Original Final Variance with Actual Final Budget $ 4,000 $ 4,000 $ 6,321 $ 2,321 16,283 16,283 16,283 - 453,500 453,500 407,937 45,563 469,783 469,783 424,220 45,563 799,852 799,852 799,852 1,269,635 1,269,635 424,220 845,415 (1,265,635) (1,265,635) (417,900) 847,735 OTHER FINANCING SOURCES (USES) Transfers in 600,000 600,000 600,000 Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding (665,635) (665,635) 182,100 847,735 665,635 665,635 693,275 27,640 $ - $ - $ 875,375 $ 875,375 115 Deschutes County, Oregon 9-1-1 County Service District - Equipment Reserve (Sub -Fund of Deschutes County 911 County Service District) Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Totals may not add due to rounding 116 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 54,000 $ 54,000 $ 78,853 $ 24,853 EXPENDITURES Materials and services 1,000 1,000 - 1,000 Capital outlay 5,000 5,000 - 5,000 Total expenditures 6,000 6,000 - 6,000 Net change in fund balance 48,000 48,000 78,853 30,853 Fund balance - Beginning of year 10,150,000 10,150,000 10,152,162 2,162 Fund balance - End of year $ 10,198,000 $ 10,198,000 $ 10,231,015 $ 33,015 Totals may not add due to rounding 116 Combining and Individual Funds Statements and Schedules — Nonmajor Governmental Funds and Sub -Funds June 30, 2015 Deschutes County, Oregon This page left intentionally blank. Deschutes County, Oregon Nonmajor Governmental Funds Combining Balance Sheet June 30, 2015 ASSETS Cash and cash equivalents Investments, at fair value; plus accrued interest Taxes receivable Accounts receivable Notes and contracts receivable Total assets LIABILITIES Accounts payable Unearned revenues Total liabilities Special Total Nonmajor Revenue Debt Service Capital Project Governmental Funds Funds Funds Funds Total deferred inflows of resources 19,218 2,466 - 21,684 $ 8,073,242 $ 110,455 $ 128,081 $ 8,311,777 25,097,008 343,454 398,262 25,838,724 637,489 2,753 - 640,242 1,979,525 39,509 - 2,019,034 889,372 - - 889,372 $ 36,676,635 $ 496,171 $ 526,342 $ 37,699,148 $ 1,029,912 525,370 1,555,282 $ 131,937 $ 1,161,850 - 525,370 - 131,937 1,687,219 DEFERRED INFLOWS OF RESOURCES Unavailable revenue - property taxes 10,828 2,466 - 13,293 Unavailable revenue - contracts of sale 8,390 - - 8,390 Total deferred inflows of resources 19,218 2,466 - 21,684 FUND BALANCES Nonspendable 880,982 - - 880,982 Restricted 20,654,698 10,970 - 20,665,668 Committed 13,566,455 482,736 394,405 14,443,595 Total fund balances 35,102,135 493,706 394,405 35,990,245 Total liabilities, deferred inflows of resources and fund balances $ 36,676,635 $ 496,171 $ 526,342 $ 37,699,148 Totals may not add due to rounding 118 Deschutes County, Oregon Nonmajor Governmental Funds Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Year Ended June 30, 2015 Fund balance - Beginning of year (as previously reported) 38,322,255 488,047 (1,185,638) 37,624,663 Less prior period adjustments (3,206,837) - - (3,206,837) Fund balance - Beginning of year (as restated) 35,115,418 488,047 (1,185,638) 34,417,826 Fund balance - End of year $ 35,102,134 $ 493,706 $ 394,405 $ 35,990,245 Totals may not add due to rounding 119 Total Nonmajor Special Debt Capital Project Governmental Revenue Funds Service Funds Funds Funds REVENUES Local Taxes - property $ 428,232 $ 97,900 $ - $ 526,132 Taxes - other 5,248,200 - - 5,248,200 Licenses and permits 1,228,382 - - 1,228,382 Fines, forfeitures and penalties 1,065,366 - - 1,065,366 Investment earnings 312,211 7,520 4,739 324,470 Rents 19,933 1,243,017 - 1,262,950 Charges for services 7,924,432 1,289,732 - 9,214,165 Contributions and donations 42,167 - 46,295 88,462 Payments on contracts of sale 7,557 - - 7,557 Intergovernmental Local 1,021,077 - 847,049 1,868,125 State 23,006,943 - - 23,006,943 Federal 1,528,239 - 86,931 1,615,170 Total revenues 41,832,739 2,638,169 985,014 45,455,921 EXPENDITURES Current: General government 11,602,772 3,521 - 11,606,292 Public safety 5,389,044 - - 5,389,044 County roads 916,841 - - 916,841 Health and welfare 24,390,738 - - 24,390,738 Education 656,218 - - 656,218 Debt service: Principal - 2,878,804 285,661 3,164,465 Interest - 2,347,829 2,242 2,350,071 Capital outlay 71,756 - 2,922,581 2,994,336 Total expenditures 43,027,367 5,230,154 3,210,484 51,468,005 Excess (deficiency) of revenues over expenditures (1,194,629) (2,591,985) (2,225,469) (6,012,083) OTHER FINANCING SOURCES (USES) Transfers in from other funds 4,138,688 2,597,644 3,805,513 10,541,845 Transfer out to other funds (2,957,343) - - (2,957,343) Total other financing sources (uses) 1,181,345 2,597,644 3,805,513 7,584,502 Net change in fund balances (13,283) 5,659 1,580,043 1,572,419 Fund balance - Beginning of year (as previously reported) 38,322,255 488,047 (1,185,638) 37,624,663 Less prior period adjustments (3,206,837) - - (3,206,837) Fund balance - Beginning of year (as restated) 35,115,418 488,047 (1,185,638) 34,417,826 Fund balance - End of year $ 35,102,134 $ 493,706 $ 394,405 $ 35,990,245 Totals may not add due to rounding 119 Deschutes County, Oregon Nonmajor Special Revenue Funds Combining Balance Sheet June 30, 2015 Totals may not add due to rounding (continued) 120 Industrial Park Park Justice Lands Acquisition & Development Court Proceeds Development Fees ASSETS Cash and cash equivalents $ 12,158 $ 11,397 $ 8,809 $ 21,959 Investments, at fair value; plus accrued interest 35,317 35,439 27,390 68,281 Taxes receivable - - - - Accounts receivable 42,687 - 28,741 - Notes and contracts receivable - 8,390 - - Total assets $ 90,162 $ 55,226 $ 64,940 $ 90,241 LIABILITIES Accounts payable $ 11,404 $ - $ - $ - Unearned revenues - - - - Total liabilities 11,404 - - - DEFERRED INFLOWS OF RESOURCES Unavailable revenue -property taxes - - - - Unavailable revenue -contracts of sale - 8,390 - - Total deferred inflows of resources - 8,390 - - FUND BALANCES Nonspendable - - - - Restricted - 46,836 64,940 90,241 Committed 78,758 - - - Total fund balances 78,758 46,836 64,940 90,241 Total liabilities, deferred inflows of resources and fund balances $ 90,162 $ 55,226 $ 64,940 $ 90,241 Totals may not add due to rounding (continued) 120 Deschutes County, Oregon Nonmajor Special Revenue Funds Combining Balance Sheet June 30, 2015 Totals may not add due to rounding (continued) 121 PERS Special Taylor Transient Reserve Transportation Grazing Room Tax ASSETS Cash and cash equivalents $ 2,494,062 $ 50,426 $ 7,381 $ 15,063 Investments, at fair value; plus accrued interest 7,755,174 156,799 22,951 46,839 Taxes receivable - - - 547,231 Accounts receivable - 10,924 - 6,796 Notes and contracts receivable - - - - Total assets $ 10,249,236 $ 218,149 $ 30,332 $ 615,929 LIABILITIES Accounts payable $ - $ 154,011 $ - $ 68,651 Unearned revenues - - - - Total liabilities - 154,011 - 68,651 DEFERRED INFLOWS OF RESOURCES Unavailable revenue -property taxes - - - - Unavailable revenue -contracts of sale - - - - Total deferred inflows of resources - - - - FUND BALANCES Nonspendable - - - - Restricted - 64,139 30,332 547,278 Committed 10,249,236 - - - Total fund balances 10,249,236 64,139 30,332 547,278 Total liabilities, deferred inflows of resources and fund balances $ 10,249,236 $ 218,149 $ 30,332 $ 615,929 Totals may not add due to rounding (continued) 121 Deschutes County, Oregon Nonmajor Special Revenue Funds Combining Balance Sheet June 30, 2015 Video Transient Lottery Room Tax -1% ASSETS Foreclosed Victims' Land Sales Assistance Cash and cash equivalents $ 14,529 $ 47,406 $ 19,874 $ 7,310 Investments, at fair value; plus accrued interest 45,176 147,406 61,796 22,731 Taxes receivable - 78,200 - - Accounts receivable - 971 - - Notes and contracts receivable - - - - Total assets $ 59,705 $ 273,983 $ 81,670 $ 30,042 LIABILITIES Accounts payable $ 58,834 $ - $ 231 $ 1,302 Unearned revenues - - - - Total liabilities 58,834 - 231 1,302 DEFERRED INFLOWS OF RESOURCES Unavailable revenue -property taxes - - - - Unavailable revenue -contracts of sale - - - - Total deferred inflows of resources - - - - FUND BALANCES Nonspendable - - - - Restricted 871 273,983 81,439 28,740 Committed - - - - Total fund balances 871 273,983 81,439 28,740 Total liabilities, deferred inflows of resources and fund balances $ 59,705 $ 273,983 $ 81,670 $ 30,042 Totals may not add due to rounding (continued) 122 Deschutes County, Oregon Nonmajor Special Revenue Funds Combining Balance Sheet June 30, 2015 Totals may not add due to rounding (continued) 123 County Des Co Law Clerk Court Communication Library Records Facilities System ASSETS Cash and cash equivalents $ 113,232 $ 82,901 $ 3,544 $ 82,807 Investments, at fair value; plus accrued interest 352,091 257,778 11,020 257,485 Taxes receivable - - - - Accounts receivable - - 3,461 - Notes and contracts receivable - - - - Total assets $ 465,324 $ 340,679 $ 18,026 $ 340,292 LIABILITIES Accounts payable $ 1,514 $ 754 $ - $ 24,377 Unearned revenues - - - - Total liabilities 1,514 754 - 24,377 DEFERRED INFLOWS OF RESOURCES Unavailable revenue -property taxes - - - - Unavailable revenue -contracts of sale - - - - Total deferred inflows of resources - - - - FUND BALANCES Nonspendable - - - - Restricted 463,809 339,925 18,026 - Committed - - - 315,915 Total fund balances 463,809 339,925 18,026 315,915 Total liabilities, deferred inflows of resources and fund balances $ 465,324 $ 340,679 $ 18,026 $ 340,292 Totals may not add due to rounding (continued) 123 Deschutes County, Oregon Nonmajor Special Revenue Funds Combining Balance Sheet June 30, 2015 Totals may not add due to rounding (continued) 124 Accountable Des Co Behavioral Communication Public Public Health Health System Res Health Reserve Alliance ASSETS Cash and cash equivalents $ 147,612 $ 477,516 $ 82,360 $ 1,340,263 Investments, at fair value; plus accrued interest 458,993 1,482,639 256,095 4,167,489 Taxes receivable - - - - Accounts receivable - 397,912 - 1,148,017 Notes and contracts receivable - - - - Total assets $ 606,605 $ 2,358,067 $ 338,455 $ 6,655,769 LIABILITIES Accounts payable $ - $ 215,092 $ - $ - Unearned revenues - 362,065 - Total liabilities - 577,157 - - DEFERRED INFLOWS OF RESOURCES Unavailable revenue -property taxes - - - - Unavailable revenue -contracts of sale - - - - Total deferred inflows of resources - - - - FUND BALANCES Nonspendable - - - - Restricted - - - 6,655,769 Committed 606,605 1,780,910 338,455 - Total fund balances 606,605 1,780,910 338,455 6,655,769 Total liabilities, deferred inflows of resources and fund balances $ 606,605 $ 2,358,067 $ 338,455 $ 6,655,769 Totals may not add due to rounding (continued) 124 Deschutes County, Oregon Nonmajor Special Revenue Funds Combining Balance Sheet June 30, 2015 Acute Care Services OHP- CDD Chemical Community Groundwater Dependency Development Partnership ASSETS Cash and cash equivalents $ 250,788 $ 720,049 $ 725,938 $ 4,007 Investments, at fair value; plus accrued interest 779,814 2,238,961 2,256,340 12,459 Taxes receivable - - - - Accounts receivable - 71,061 12,658 - Notes and contracts receivable - - - - Total assets $ 1,030,602 $ 3,030,071 $ 2,994,936 $ 16,466 LIABILITIES Accounts payable $ 59,583 Unearned revenues - Total liabilities 59,583 DEFERRED INFLOWS OF RESOURCES Unavailable revenue -property taxes Unavailable revenue -contracts of sale Total deferred inflows of resources FUND BALANCES Nonspendable Restricted Committed Total fund balances Total liabilities, deferred inflows of resources and fund balances 971,019 $ - $ 93,198 $ 3,750 - 58,613 - 151,810 3,750 3,030,071 2,843,125 12,716 971,019 3,030,071 2,843,125 12,716 $ 1,030,602 $ 3,030,071 $ 2,994,936 $ 16,466 Totals may not add due to rounding (continued) 125 Deschutes County, Oregon Nonmajor Special Revenue Funds Combining Balance Sheet June 30, 2015 Totals may not add due to rounding (continued) 126 Natural Federal Newberry GIS Resource Forest Title Neighborhood Dedicated Protection III ASSETS Cash and cash equivalents $ 63,449 $ 26,318 $ 101,840 $ 66,185 Investments, at fair value; plus accrued interest 197,293 81,836 316,666 205,800 Taxes receivable - - - - Accounts receivable - - 59,414 - Notes and contracts receivable 880,982 - - - Total assets $ 1,141,725 $ 108,154 S 477,919 $ 271,985 LIABILITIES Accounts payable $ - $ 120 $ 24,143 $ 3,842 Unearned revenues - - - - Total liabilities - 120 24,143 3,842 DEFERRED INFLOWS OF RESOURCES Unavailable revenue -property taxes - - - - Unavailable revenue -contracts of sale - - - - Total deferred inflows of resources - - - - FUND BALANCES Nonspendable 880,982 - - - Restricted 260,743 108,034 453,777 268,144 Committed - - - - Total fund balances 1,141,725 108,034 453,777 268,144 Total liabilities, deferred inflows of resources and fund balances $ 1,141,725 $ 108,154 $ 477,919 $ 271,985 Totals may not add due to rounding (continued) 126 Deschutes County, Oregon Nonmajor Special Revenue Funds Combining Balance Sheet June 30, 2015 Totals may not add due to rounding (continued) 127 Public Land Countywide Corner Transportation Surveyor Preservation SDC Imp Dog Control ASSETS Cash and cash equivalents $ 39,443 $ 123,729 $ 404,031 $ 60,432 Investments, at fair value; plus accrued interest 122,645 384,729 1,256,317 187,912 Taxes receivable - - - - Accounts receivable - - - 5,551 Notes and contracts receivable - - - - Total assets $ 162,088 $ 508,458 $ 1,660,348 $ 253,895 LIABILITIES Accounts payable $ 1,640 $ - $ - $ 57,320 Unearned revenues - - - - Total liabilities 1,640 - - 57,320 DEFERRED INFLOWS OF RESOURCES Unavailable revenue -property taxes - - - - Unavailable revenue -contracts of sale - - - - Total deferred inflows of resources - - - - FUND BALANCES Nonspendable - - - - Restricted 160,448 508,458 1,660,348 - Committed - - - 196,575 Total fund balances 160,448 508,458 1,660,348 196,575 Total liabilities, deferred inflows of resources and fund balances $ 162,088 $ 508,458 $ 1,660,348 $ 253,895 Totals may not add due to rounding (continued) 127 Deschutes County, Oregon Nonmajor Special Revenue Funds Combining Balance Sheet June 30, 2015 FUND BALANCES Nonspendable - - - 880,982 Restricted 864,337 349,904 457,247 20,654,698 Committed - - - 13,566,455 Total fund balances 864,337 349,904 457,247 35,102,135 Total liabilities, deferred inflows of resources and fund balances $ 913,738 $ 521,244 $ 602,173 $ 36,676,635 Totals may not add due to rounding 128 Early Des County Total Nonmajor Adult Parole Learning Extension Special & Probation Hub & 4-H Revenue Funds ASSETS Cash and cash equivalents $ 221,637 $ 81,827 $ 142,957 $ 8,073,242 Investments, at fair value; plus accrued interest 688,392 254,437 444,517 25,097,008 Taxes receivable - - 12,057 637,489 Accounts receivable 3,710 184,981 2,642 1,979,525 Notes and contracts receivable - - - 889,372 Total assets $ 913,738 $ 521,244 $ 602,173 $ 36,676,635 LIABILITIES Accounts payable $ 49,401 $ 171,340 $ 29,407 $ 1,029,912 Unearned revenues - - 104,692 525,370 Total liabilities 49,401 171,340 134,098 1,555,282 DEFERRED INFLOWS OF RESOURCES Unavailable revenue -property taxes - - 10,828 10,828 Unavailable revenue -contracts of sale - - - 8,390 Total deferred inflows of resources - - 10,828 19,218 FUND BALANCES Nonspendable - - - 880,982 Restricted 864,337 349,904 457,247 20,654,698 Committed - - - 13,566,455 Total fund balances 864,337 349,904 457,247 35,102,135 Total liabilities, deferred inflows of resources and fund balances $ 913,738 $ 521,244 $ 602,173 $ 36,676,635 Totals may not add due to rounding 128 Deschutes County, Oregon Deschutes County Community Development Department — Operating Fund and Sub -Funds Combining Balance Sheet June 30, 2015 ASSETS Cash and cash equivalents Investments, at fair value; plus accrued interest Accounts receivable Total assets LIABILITIES Accounts payable Unearned revenue Total liabilities FUND BALANCES Restricted Total liabilities and fund balances Totals may not add due to rounding Community Community CDD Building Development Development Program Operating Reserve Reserve Fund Fund Fund Total $ 558,126 $ 167,568 $ 244 $ 725,938 1,734,534 521,046 759 2,256,340 12,658 - - 12,658 $ 2,305,318 $ 688,614 $ 1,003 $ 2,994,936 $ 93,198 58,613 151,810 $ 93,198 58,613 151,810 2,153,508 688,614 1,003 2,843,125 $ 2,305,318 $ 688,614 $ 1,003 $ 2,994,936 129 Deschutes County, Oregon Deschutes County Extension 4-H County Service District - Operating Fund and Sub -Fund Combining Balance Sheet June 30, 2015 ASSETS Cash and cash equivalents Investments, at fair value; plus accrued interest Taxes receivable Accounts receivable Total assets LIABILITIES Accounts payable Unearned revenue Total liabilities DEFERRED INFLOWS OF RESOURCES Unavailable revenue -property tax FUND BALANCES Restricted Total liabilities, deferred inflows of resources and fund balances Totals may not add due to rounding 130 Des County Ext & 4-H Des County Operating Ext & 4-H Fund Construction Total $ 43,463 $ 99,494 $ 142,957 135,145 309,372 444,517 12,057 - 12,057 2,642 - 2,642 $ 193,307 $ 408,866 $ 602,173 $ 29,407 $ - $ 29,407 104,692 - 104,692 134,098 - 134,098 10,828 - 10,828 48,381 408,866 457,247 $ 193,307 $ 408,866 $ 602,173 130 Deschutes County, Oregon Nonmajor Special Revenue Funds Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Year Ended June 30, 2015 REVENUES Local Taxes - property Taxes - other Licenses and permits Fines, forfeitures and penalties Investment earnings Rents Charges for services Contributions and donations Payments on contracts of sale Intergovernmental Local State Federal Total revenues EXPENDITURES Current: General government Public safety County roads Health and welfare Education Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in from other funds Transfer out to other funds 74,398 Total other financing sources (uses) 74,398 Net change in fund balances (51,577) (180,000) (180,000) (202,134) 45,054 1,194 Fund balance - Beginning of year 130,335 248,970 19,885 89,046 Plus (less) prior period adjustments - - - - Fund balance - Beginning of year, as restated 130,335 248,970 19,885 89,046 Fund balance - End of year $ 78,758 $ 46,836 $ 64,940 $ 90,241 Totals may not add due to rounding (continued) 131 Industrial Park Park Justice Lands Acquisition & Development Court Proceeds Development Fees - - - 1,750 459,548 186 - - 473 2,173 384 714 - 6,726 - - - 7,557 - - - - 241,069 - 460,021 16,643 241,453 2,464 585,996 218,777 16,399 1,270 585,996 16,399 218,777 1,270 (125,975) (202,134) 225,054 1,194 74,398 Total other financing sources (uses) 74,398 Net change in fund balances (51,577) (180,000) (180,000) (202,134) 45,054 1,194 Fund balance - Beginning of year 130,335 248,970 19,885 89,046 Plus (less) prior period adjustments - - - - Fund balance - Beginning of year, as restated 130,335 248,970 19,885 89,046 Fund balance - End of year $ 78,758 $ 46,836 $ 64,940 $ 90,241 Totals may not add due to rounding (continued) 131 Deschutes County, Oregon Nonmajor Special Revenue Funds Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Year Ended June 30, 2015 EXPENDITURES Current: General government 1,850 - - - 4,461,990 Public safety - - - - - County roads - - - - Health and welfare - - 632,136 - - Education - 656,218 - - - Capital outlay - - - - - Total expenditures 1,850 656,218 632,136 - 4,461,990 Excess (deficiency) of revenues over expenditures 77,151 - 62,517 4,185 142,266 OTHER FINANCING SOURCES (USES) T f ' Iv -f rAl u d m rans ers om of er n s PERS County Special Taylor Transient - Reserve School Transportation Grazing Room Tax REVENUES - - - - (110,770) Local Net change in fund balances 77,151 - 62,517 4,185 31,496 Taxes - property $ - $ - $ - $ - $ - Taxes - other - - - - 4,602,062 Licenses and permits - - - - - Fines, forfeitures and penalties - - - - - Investment earnings 79,001 218 1,651 217 2,194 Rents - - - - Charges for services - - - - - Contributions and donations - - - - - Payments on contracts of sale - - - - - Intergovernmental - Local - - - - State - 250,993 693,002 3,968 - Federal - 405,007 - - - Total revenues 79,001 656,218 694,653 4,185 4,604,256 EXPENDITURES Current: General government 1,850 - - - 4,461,990 Public safety - - - - - County roads - - - - Health and welfare - - 632,136 - - Education - 656,218 - - - Capital outlay - - - - - Total expenditures 1,850 656,218 632,136 - 4,461,990 Excess (deficiency) of revenues over expenditures 77,151 - 62,517 4,185 142,266 OTHER FINANCING SOURCES (USES) T f ' Iv -f rAl u d m rans ers om of er n s - - - - - Transfer out to other funds - - - - (110,770) Total other financing sources (uses) - - - - (110,770) Net change in fund balances 77,151 - 62,517 4,185 31,496 Fund balance - Beginning of year 10,172,086 - 1,622 26,147 515,782 Fund balance - Beginning of year, as restated 10,172,086 - 1,622 26,147 515,782 Fund balance - End of year $ 10,249,236 $ - $ 64,139 $ 30,332 $ 547,278 Totals may not add due to rounding (continued) 132 Deschutes County, Oregon Nonmajor Special Revenue Funds Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Year Ended June 30, 2015 EXPENDITURES Current: General government 595,633 9,119 30,392 - 135,575 Public safety - - - 355,849 - County roads - - - - - Health and welfare - - - - - Education - - - - - Capital outlay - - - - - Total expenditures 595,633 9,119 30,392 355,849 135,575 Excess (deficiency) of revenues over expenditures (18,116) 638,584 (29,664) (173,263) 47,565 OTHER FINANCING SOURCES (USES) Transfers in from other funds 7,500 Transient Foreclosed Victims' - Transfer out to other funds Video Lottery Room Tax -1% Land Sales Assistance Law Library REVENUES Total other financing sources (uses) Local (364,620) - 150,000 - Taxes - property $ - $ - $ - $ - $ - Taxes - other - 646,138 - - - Licenses and permits - - - - - Fines, forfeitures and penalties - - - 7,665 - Investment earnings 630 1,565 728 504 3,475 Rents - - - - - Charges for services - - - 31,605 160 Contributions and donations - - - 2,500 - Payments on contracts of sale - - - - - Intergovernmental Local - - - - - State 576,887 - - 98,569 179,504 Federal - - - 41,742 - Total revenues 577,517 647,703 728 182,585 183,140 EXPENDITURES Current: General government 595,633 9,119 30,392 - 135,575 Public safety - - - 355,849 - County roads - - - - - Health and welfare - - - - - Education - - - - - Capital outlay - - - - - Total expenditures 595,633 9,119 30,392 355,849 135,575 Excess (deficiency) of revenues over expenditures (18,116) 638,584 (29,664) (173,263) 47,565 OTHER FINANCING SOURCES (USES) Transfers in from other funds 7,500 - - 150,000 - Transfer out to other funds - (364,620) - - - Total other financing sources (uses) 7,500 (364,620) - 150,000 - Net change in fund balances (10,616) 273,964 (29,664) (23,263) 47,565 Fund balance - Beginning of year 11,487 19 111,103 52,003 416,244 Fund balance - Beginning of year, as restated 11,487 19 111,103 52,003 416,244 Fund balance - End of year $ 871 $ 273,983 $ 81,439 $ 28,740 $ 463,809 Totals may not add due to rounding (continued) 133 Deschutes County, Oregon Nonmajor Special Revenue Funds Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Year Ended June 30, 2015 REVENUES Local Taxes - property Taxes - other Licenses and permits Fines, forfeitures and penalties Investment earnings Rents Charges for services Contributions and donations Payments on contracts of sale Intergovernmental Local State Federal Total revenues EXPENDITURES Current: General government Public safety County roads Health and welfare Education Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in from other funds Transfer out to other funds Total other financing sources (uses) Des Co Des Co County Clerk Court Communication Communication Public Records Facilities System System Res Health - 78,655 - - 90 2,568 78 3,874 4,185 16,506 106,282 - 527,040 - 1,259,802 - - - - 36,035 - - - 200,000 291,534 - 4,750,832 - - - - 141,606 108,851 78,733 530,914 204,185 6,496,405 138,444 - - - - - 60,707 343,068 - - - - 8,820,706 - - 22,055 - 49,701 138,444 60,707 365,123 - 8,870,407 (29,594) 18,026 165,791 204,185 1 (2,374,002) - - 2,766,575 (143,954) - (164,640) (143,954) - 2,601,935 Net change in fund balances (29,594) 18,026 21,837 204,185 227,933 Fund balance - Beginning of year 369,518 - 294,079 402,419 1,552,977 Fund balance - Beginning of year, as restated 369,518 - 294,079 402,419 1,552,977 Fund balance - End of year $ 339,925 $ 18,026 $ 315,915 $ 606,605 $ 1,780,910 Totals may not add due to rounding (continued) 134 Deschutes County, Oregon Nonmajor Special Revenue Funds Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Year Ended June 30, 2015 REVENUES Local Taxes - property Taxes - other Licenses and permits Fines, forfeitures and penalties Investment earnings Rents Charges for services Contributions and donations Payments on contracts of sale Intergovernmental Local State Federal Total revenues EXPENDITURES Current: General government Public safety County roads Health and welfare Education Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Healthy Public Health Start Reserve Accountable Behavioral Health Alliance OHP - Acute Care Chemical Services Dependency 1,374 2,609 47,558 81210 22,374 25 - - - - 18,667 - 10,536,912 445,621 1,496,272 20,066 2,609 10,584,470 453,831 1,518,646 245,431 - 11,921,825 374,139 840,152 678,494 - 11,921,825 840,152 245,431 374,139 8,387,146 1,102,366 (225,365) 2,609 (1,337,356) 79,692 678,494 OTHER FINANCING SOURCES (USES) Transfers in from other funds - Transfer out to other funds - Total other financing sources (uses) - - (394,021) (211,040) (394,021) (211,040) Net change in fund balances (225,365) 2,609 (1,731,377) (131,348) 678,494 Fund balance - Beginning of year 225,365 335,847 8,387,146 1,102,366 2,351,578 Fund balance - Beginning of year, as restate 225,365 2,351,578 335,847 8,387,146 1,102,366 Fund balance - End of year $ - $ 338,455 $ 6,655,769 $ 971,019 $ 3,030,071 Totals may not add due to rounding (continued) 135 Deschutes County, Oregon Nonmajor Special Revenue Funds Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Year Ended June 30, 2015 REVENUES Local Taxes - property Taxes - other Licenses and permits Fines, forfeitures and penalties Investment earnings Rents Charges for services Contributions and donations Payments on contracts of sale Intergovernmental Local State Federal Total revenues EXPENDITURES Current: General government Public safety County roads Health and welfare Education Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures CDD Community Groundwater Newberry GIS Development Partnership Neighborhood Dedicated Natural Resource 1,014 - - - - 19,707 271 40,113 490 3,330 7,922 - - - - 5,097,325 - - 286,783 - 363,815 143,119 5,632,903 271 - - 62,400 13,625 5,085 - - 371,840 40,113 300,899 442,656 4,660,532 41,250 - 213,755 - - - - 273,943 4,660,532 41,250 - 213,755 273,943 972,371 (40,979) 40,113 87,143 168,713 OTHER FINANCING SOURCES (USES) Transfers in from other funds 166,770 - - - 28,395 Transfer out to other funds (333,573) - (54,725) - - Total other financing sources (uses) (166,803) - (54,725) - 28,395 Net change in fund balances 805,568 (40,979) (14,612) 87,143 197,109 Fund balance - Beginning of year 2,037,557 53,695 313,292 20,891 256,668 - - 843,045 - - Fund balance - Beginning of year, as restated 2,037,557 53,695 1,156,337 20,891 256,668 Fund balance - End of year $ 2,843,125 $ 12,716 $ 1,141,725 $ 108,034 $ 453,777 Totals may not add due to rounding (continued) 136 Deschutes County, Oregon Nonmajor Special Revenue Funds Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Year Ended June 30, 2015 REVENUES Local Taxes - property Taxes - other Licenses and permits Fines, forfeitures and penalties Investment earnings Rents Charges for services Contributions and donations Payments on contracts of sale Intergovernmental Local State Federal Total revenues EXPENDITURES Current: General government Public safety County roads Health and welfare Education Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in from other funds Transfer out to other funds Total other financing sources (uses) Net change in fund balances Federal Public Land Countywide Forest Title Corner Transportation III Surveyor Preservation SDC Imp Dog Control - 112,625 - 841,930 272,077 - - - - 8,146 1,963 1,270 5,564 16,499 1,986 - 30,611 414,704 - 448 - - - 3,631 133,414 - - - - 135,377 144,506 420,268 858,429 286,288 120,319 76,800 445,779 - - - - - - 443,249 120,319 76,800 445,779 - 443,249 15,057 1 67,706 (25,511) 858,429 (156,961) - - 152,223 - (1,000,000) - (1,000,000) 152,223 15,057 67,706 (25,511) (141,571) (4,738) Fund balance - Beginning of Year 253,086 92,742 533,969 1,801,919 201,313 Fund balance - Beginning of year, as restated 253,086 92,742 533,969 1,801,919 201,313 Fund balance - End of year $ 268,144 $ 160,448 $ 508,458 $ 1,660,348 $ 196,575 Totals may not add due to rounding (continued) 137 Deschutes County, Oregon Nonmajor Special Revenue Funds Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Year Ended June 30, 2015 Totals may not add due to rounding 138 Des County Early Extension & Black Butte Sunriver Total Nonmajor Adult Parole Learning 4-H County Ranch Service Special & Probation Hub Service Dist Service Dist District Revenue Funds REVENUES Local Taxes - property $ - $ - $ 428,232 $ - $ - $ 428,232 Taxes - other - - - - - 5,248,200 Licenses and permits - - - - - 1,228,382 Fines, forfeitures and penalties 432,975 77,086 - - - 1,065,366 Investment earnings 10,029 2,681 5,043 - - 312,211 Rents 1,600 - 3,685 - - 19,933 Charges for services 69,122 12,551 87,975 - - 7,924,432 Contributions and donations - - - - - 42,167 Payments on contracts of sale - - - - - 7,557 Intergovernmental - Local 102,612 715 - - - 1,021,077 State 3,294,038 401,899 - - - 23,006,943 Federal - 291,511 - - - 1,528,239 Total revenues 3,910,376 786,443 524,935 - - 41,832,739 EXPENDITURES Current: General government - - 491,790 - - 11,602,772 Public safety 4,629,420 - - - - 5,389,044 County roads - - - - - 916,841 Health and welfare - 1,113,099 - - - 24,390,738 Education - - - - - 656,218 Capital outlay - - - - - 71,756 Total expenditures 4,629,420 1,113,099 491,790 - - 43,027,368 Excess (deficiency) of revenues over expenditures (719,043) (326,656) 33,145 - - (1,194,629) OTHER FINANCING SOURCES (USES) Transfers in from other funds 451,189 341,638 - - - 4,138,688 Transfer out to other funds - - - - - (2,957,343) Total other financing sources (uses) 451,189 341,638 - - - 1,181,345 Net change in fund balances (267,854) 14,982 33,145 - - (13,283) Fund balance - Beginning of Year 1,132,192 334,921 424,102 873,360 3,176,522 38,322,255 - - - (873,360) (3,176,522) (3,206,837) Fund balance - Beginning of year, as restated 1,132,192 334,921 424,102 - - 35,115,418 Fund balance - End of year $ 864,337 $ 349,903 $ 457,247 $ - $ - $ 35,102,134 Totals may not add due to rounding 138 Deschutes County, Oregon Deschutes County Community Development Department — Operating Fund and Sub -Funds Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances Year Ended June 30, 2015 Totals may not add due to rounding 139 Community Community CDD Building Development Development Program Operating Reserve Reserve Fund Fund Fund Total REVENUES Local Fines, forfeitures and penalties $ 1,014 $ - $ - $ 1,014 Investment earnings 17,559 2,144 3 19,707 Rents 7,922 - - 7,922 Charges for services 5,097,325 - - 5,097,325 Intergovernmental Local 363,815 - - 363,815 Federal 143,119 - - 143,119 Total revenues 5,630,755 2,144 3 5,632,903 EXPENDITURES Current General government 4,660,532 - - 4,660,532 Excess (deficiency) of revenues over expenditures 970,224 2,144 3 972,371 OTHER FINANCING SOURCES (USES) Inter -fund: Transfers in 166,770 - - 166,770 Transfers out (333,573) - - (333,573) Intra -fund Transfers in - 686,470 1,000 687,470 Transfers out (687,470) - - (687,470) Total other financing sources (uses) (854,273) 686,470 1,000 (166,803) Net change in fund balance 115,951 688,614 1,003 805,568 Fund balance - Beginning of year 2,037,557 - - 2,037,557 Fund balance - End of year $ 2,153,508 $ 688,614 $ 1,003 $ 2,8439125 Totals may not add due to rounding 139 Deschutes County, Oregon Deschutes County Extension 4-H County Service District Operating Fund and Sub -Fund Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances Year Ended June 30, 2015 Totals may not add due to rounding 140 Des County Ext & 4-H Des County Operating Ext & 4-H Fund Construction Total REVENUES Local Taxes - property $ 428,232 $ - $ 428,232 Investment earnings 2,156 2,887 5,043 Rents 3,685 - 3,685 Charges for services 87,975 - 87,975 Total revenues 522,048 2,887 524,935 EXPENDITURES Current: General services 491,790 - 491,790 Excess (deficiency) of revenues over expenditures 30,258 2,887 33,145 OTHER FINANCING SOURCES (USES) Intra -fund: Transfers in - 50,000 50,000 Transfers out (50,000) - (50,000) Total other financing sources (uses) (50,000) 50,000 - Net change in fund balances (19,742) 52,887 33,145 Fund balance - Beginning of year 68,123 355,979 424,102 Fund balance - End of year $ 48,381 $ 408,866 $ 457,247 Totals may not add due to rounding 140 Deschutes County, Oregon Justice Court Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 REVENUES Local Fines, forfeitures and penalties Investment earnings Charges for services 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 Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding Budgeted Amounts Variance with Original Final Actual Final Budget $ 450,000 $ 450,000 $ 459,548 $ 9,548 815 815 473 (342) 600 600 - (600) 451,415 451,415 460,021 8,606 416,045 432,045 423,791 8,254 166,093 173,093 162,205 10,888 582,138 605,138 585,996 19,142 51,296 28,296 - 28,296 633,434 633,434 585,996 47,438 (182,019) (182,019) (125,975) 56,044 74,398 74,398 74,398 - (107,621) (107,621) (51,577) 56,044 107,621 107,621 130,335 22,714 $ - $ - $ 78,758 $ 78,758 141 Deschutes County, Oregon Industrial Lands Proceeds Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 EXPENDITURES Materials and services Budgeted Amounts 235,216 218,777 16,439 Capital outlay 530,768 330,768 Variance with 330,768 Original Final Actual Final Budget REVENUES 218,777 347,207 Local (245,000) (245,000) (202,134) 42,866 Fines, forfeitures and penalties $ - $ - $ 186 $ 186 Investment earnings 4,000 4,000 2,173 (1,827) Rents 6,984 6,984 6,726 (258) Payments on contracts of sale 10,000 10,000 7,557 (2,443) Other 300,000 300,000 - (300,000) Total revenues 320,984 320,984 16,643 (304,341) EXPENDITURES Materials and services 35,216 235,216 218,777 16,439 Capital outlay 530,768 330,768 - 330,768 Total expenditures 565,984 565,984 218,777 347,207 Net change in fund balance (245,000) (245,000) (202,134) 42,866 Fund balance - Beginning of year 245,000 245,000 248,970 3,970 Fund balance - End of year $ - $ - $ 46,836 $ 46,836 Totals may not add due to rounding 142 Deschutes County, Oregon Park Acquisition and Development Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Totals may not add due to rounding 143 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ - $ - $ 384 $ 384 Intergovernmental State 195,000 195,000 241,069 46,069 Total revenues 195,000 195,000 241,453 46,453 EXPENDITURES Materials and services 19,900 19,900 16,399 3,501 Capital outlay 100 100 - 100 Total expenditures 20,000 20,000 16,399 3,601 Excess (deficiency) of revenues over expenditures 175,000 175,000 225,054 50,054 OTHER FINANCING SOURCES (USES) Transfer out (180,000) (180,000) (180,000) - Net change in fund balance (5,000) (5,000) 45,054 50,054 Fund balance - Beginning of year 5,000 5,000 19,885 14,885 Fund balance - End of year $ - $ - $ 64,940 $ 64,940 Totals may not add due to rounding 143 Deschutes County, Oregon Park Development Fees Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 REVENUES Local Licenses and permits Investment earnings Total revenues EXPENDITURES Materials and services Capital outlay Total expenditures Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding Budgeted Amounts Variance with Original Final Actual Final Budget $ - $ - $ 1,750 $ 11750 1,000 1,000 714 (286) 1,000 1,000 2,464 1,464 98,900 98,900 1,270 97,630 100 100 - 100 99,000 99,000 1,270 97,730 (98,000) (98,000) 1,194 99,194 98,000 98,000 89,046 (8,954) $ - $ - $ 90,241 $ 90,241 144 Deschutes County, Oregon County School Fund Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings Intergovernmental State Federal Total revenues EXPENDITURES Materials and services Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Appropriation transfer Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding $ 200 $ 200 $ 218 $ 18 273,000 273,000 250,993 (22,007) 380,000 380,000 405,007 25,007 653,200 653,200 656,218 3,018 653,200 667,200 656,218 10,982 145 (14,000) 14,000 14,000 (14,000) Deschutes County, Oregon Special Transportation Fund Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings Intergovernmental State Total revenues EXPENDITURES Materials and services Capital outlay Total expenditures Net change in fund balance Fund balance - Beginning of year Fund balance - End of year $ 600 $ 600 $ 1,651 $ 1,051 500,000 878,869 693,002 (185,867) 500,600 879,469 694,653 (184,816) 500,500 879,369 632,136 247,233 100 100 - 100 500,600 879,469 632,136 247,333 - - 62,517 62,517 - - 1,622 1,622 $ - $ - $ 64,139 $ 64,139 Totals may not add due to rounding 146 Deschutes County, Oregon Taylor Grazing Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Totals may not add due to rounding 147 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 114 $ 114 $ 217 $ 103 Intergovernmental State 5,000 5,000 3,968 (1,032) Total revenues 5,114 5,114 4,185 (929) EXPENDITURES Materials and services 27,954 27,954 - 27,954 Net change in fund balance (22,840) (22,840) 4,185 27,025 Fund balance - Beginning of year 22,840 22,840 26,147 3,307 Fund balance - End of year $ - $ - $ 30,332 $ 30,332 Totals may not add due to rounding 147 Deschutes County, Oregon Transient Room Tax Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Net change in fund balance - - 31,496 31,496 Fund balance - Beginning of year - - 515,782 515,782 Fund balance - End of year $ - $ - $ 547,278 $ 547,278 Totals may not add due to rounding 148 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Taxes - other $ 4,347,549 $ 4,347,549 $ 4,602,062 $ 254,513 Investment earnings 2,500 2,500 2,194 (306) Total revenues 4,350,049 4,350,049 4,604,256 254,207 EXPENDITURES Materials and services 4,241,505 4,526,249 4,461,990 64,259 Excess (deficiency) of revenues over expenditures 108,544 (176,200) 142,266 318,466 OTHER FINANCING SOURCES (USES) Appropriation transfer - 286,970 - (286,970) Transfer out (108,544) (110,770) (110,770) - Total other financing sources (uses) (108,544) 176,200 (110,770) (286,970) Net change in fund balance - - 31,496 31,496 Fund balance - Beginning of year - - 515,782 515,782 Fund balance - End of year $ - $ - $ 547,278 $ 547,278 Totals may not add due to rounding 148 Deschutes County, Oregon PERS Reserve Fund Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Year Ended June 30, 2015 Totals may not add due to rounding 149 Budgeted Amounts Actual Variance with Original Budget Final Budget Amounts Final Budget REVENUES Local Investment earnings $ 61,000 $ 61,000 $ 79,001 $ 18,001 Charges for services - - - - Total revenues 61,000 61,000 79,001 18,001 EXPENDITURES Personnel services 10,225,000 10,225,000 - 10,225,000 Materials and services 1,000 1,000 1,850 (850) Total expenditures 10,226,000 10,226,000 1,850 10,224,150 Net change in fund balance (10,165,000) (10,165,000) 77,151 10,242,151 Fund balance - Beginning of year 10,165,000 10,165,000 10,172,086 7,086 Fund balance - End of year $ - $ - $ 10,249,236 $ 10,249,236 Totals may not add due to rounding 149 Deschutes County, Oregon Video Lottery Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Totals may not add due to rounding 150 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 1,000 $ 1,000 $ 630 $ (370) Intergovernmental State 600,000 600,000 576,887 (23,113) Total revenues 601,000 601,000 577,517 (23,483) EXPENDITURES Materials and services 608,500 608,500 595,633 12,867 Excess (deficiency) of revenues over expenditures (7,500) (7,500) (18,116) (10,616) OTHER FINANCING SOURCES (USES) Transfer in 7,500 7,500 7,500 - Net change in fund balance - - (10,616) (10,616) Fund balance - Beginning of year - - 11,487 11,487 Fund balance - End of year $ - $ - $ 871 $ 871 Totals may not add due to rounding 150 Deschutes County, Oregon Transient Room Tax - 1% Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Appropriation transfer Transfer out Total other financing sources (uses) Net change in fund balance Fund balance - Beginning of year Fund balance - End of year 559,762 559,762 638,584 78,822 93,000 - (93,000) (559,762) (652,762) (364,620) 288,142 (559,762) (559,762) (364,620) 195,142 - - 273,964 273,964 Totals may not add due to rounding 151 19 19 $ - $ 273,983 $ 273,983 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Taxes - other $ 569,322 $ 569,322 $ 646,138 $ 76,816 Investment earnings 500 500 1,565 1,065 Total revenues 569,822 569,822 647,703 77,881 EXPENDITURES Materials and services 10,060 10,060 9,119 941 Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Appropriation transfer Transfer out Total other financing sources (uses) Net change in fund balance Fund balance - Beginning of year Fund balance - End of year 559,762 559,762 638,584 78,822 93,000 - (93,000) (559,762) (652,762) (364,620) 288,142 (559,762) (559,762) (364,620) 195,142 - - 273,964 273,964 Totals may not add due to rounding 151 19 19 $ - $ 273,983 $ 273,983 Deschutes County, Oregon Foreclosed Land Sales Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 500 $ 500 $ 728 $ 228 EXPENDITURES Materials and services 24,393 31,968 30,392 1,576 Total 24,393 31,968 30,392 1,576 Operating contingency 26,107 18,532 - 18,532 Total expenditures 50,500 50,500 30,392 20,108 Net change in fund balance (50,000) (50,000) (29,664) 20,336 Fund balance - Beginning of year 50,000 50,000 111,103 61,103 Fund balance - End of year $ - $ - $ 81,439 $ 81,439 Totals may not add due to rounding 152 Deschutes County, Oregon Victims' Assistance Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Totals may not add due to rounding 153 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Fines, forfeitures and penalties $ 500 $ 500 $ 7,665 $ 7,165 Investment earnings 300 300 504 204 Charges for services 32,100 32,100 31,605 (495) Contributions and donations 100 100 2,500 2,400 Intergovernmental State 98,569 98,569 98,569 - Federal 48,043 48,043 41,742 (6,301) Total revenues 179,612 179,612 182,585 2,973 EXPENDITURES Personnel services 355,689 355,689 329,414 26,275 Materials and services 33,990 33,990 26,434 7,556 Capital outlay 100 100 - 100 Total 389,779 389,779 355,849 33,930 Operating contingency 34,228 34,228 - 34,228 Total expenditures 424,007 424,007 355,849 68,158 Excess (deficiency) of revenues over expenditures (244,395) (244,395) (173,263) 71,132 OTHER FINANCING SOURCES (USES) Transfers in 209,687 209,687 150,000 (59,687) Net change in fund balance (34,708) (34,708) (23,263) 11,445 Fund balance - Beginning of year 34,708 34,708 52,003 17,295 Fund balance - End of year $ - $ - $ 28,740 $ 28,740 Totals may not add due to rounding 153 Deschutes County, Oregon Law Library Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Totals may not add due to rounding 154 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ - $ - $ 3,475 $ 3,475 Charges for services 100 100 160 60 Intergovernmental State 180,000 180,000 179,504 (496) Total revenues 180,100 180,100 183,140 3,040 EXPENDITURES Personnel services 59,663 75,663 60,987 14,676 Materials and services 116,563 116,563 74,588 41,975 Capital outlay 50 50 - 50 Total 176,276 192,276 135,575 56,701 Operating contingency 421,824 405,824 - 405,824 Total expenditures 598,100 598,100 135,575 462,525 Net change in fund balance (418,000) (418,000) 47,565 465,565 Fund balance - Beginning of year 418,000 418,000 416,244 (1,756) Fund balance - End of year $ - $ - $ 463,809 $ 463,809 Totals may not add due to rounding 154 Deschutes County, Oregon County Clerk Records Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Totals may not add due to rounding 155 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 1,800 $ 1,800 $ 2,568 $ 768 Charges for services 97,250 97,250 106,282 9,032 Total revenues 99,050 99,050 108,851 9,801 EXPENDITURES Materials and services 296,838 296,838 138,444 158,394 Capital outlay 5,000 5,000 - 5,000 Total 301,838 301,838 138,444 163,394 Operating contingency 144,966 144,966 - 144,966 Total expenditures 446,804 446,804 138,444 308,360 Net change in fund balance (347,754) (347,754) (29,594) 318,160 Fund balance - Beginning of year 347,754 347,754 369,518 21,764 Fund balance - End of year $ - $ - $ 339,925 $ 339,925 Totals may not add due to rounding 155 Deschutes County, Oregon Early Learning Hub Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 REVENUES Local Fines, forfeitures and penalties Investment earnings 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 Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding Budgeted Amounts Variance with Original Final Actual Final Budget $ 77,086 $ 77,086 $ 77,086 $ - 2,500 2,500 2,681 181 9,260 9,260 12,551 3,291 - - 715 715 294,122 334,689 401,899 67,210 239,384 314,212 291,511 (22,701) 622,352 737,747 786,443 48,696 258,410 265,160 263,621 1,539 766,142 877,110 849,478 27,632 1,024,552 1,142,270 1,113,099 29,171 257,559 255,236 - 255,236 1,282,111 1,397,506 1,113,099 284,407 (659,759) (659,759) (326,656) 333,103 341,638 341,638 341,638 (318,121) (318,121) 14,982 333,103 318,121 318,121 334,921 16,800 $ - $ - $ 349,903 $ 349,903 156 Deschutes County, Oregon Court Facilities Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Fines, forfeitures and penalties $ 60,632 $ 60,632 $ 78,655 $ 18,023 Investment earnings 75 75 78 3 Total revenues 60,707 60,707 78,733 18,026 EXPENDITURES Materials and services 60,707 60,707 60,707 - Net change in fund balance - - 18,026 18,026 Fund balance - Beginning of year - - - - Fund balance - End of year $ - $ - $ 18,026 $ 18,026 Totals may not add due to rounding 157 Deschutes County, Oregon Deschutes County Communication System Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 REVENUES Local Investment earnings 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 OTHER FINANCING SOURCES (USES) Transfers out Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding Budgeted Amounts Original Final Actual Variance with Final Budget $ 3,000 $ 3,000 $ 3,874 $ 874 2,660 2,660 - (2,660) 527,040 527,040 527,040 - 532,700 532,700 530,914 (1,786) 99,132 99,132 83,615 15,517 281,647 281,647 259,454 22,193 100 22,155 22,055 100 380,879 402,934 365,123 37,811 283,333 261,278 - 261,278 664,212 664,212 365,123 299,089 (131,512) (131,512) 165,791 297,303 (143,954) (143,954) (143,954) (275,466) (275,466) 21,837 297,303 275,466 275,466 294,079 18,613 $ - $ - $ 315,915 $ 315,915 158 Deschutes County, Oregon Deschutes County Communication System Reserve Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Totals may not add due to rounding 159 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 1,000 $ 1,000 $ 4,185 $ 3,185 Intergovernmental 200,000 200,000 200,000 - Total revenues 201,000 201,000 204,185 3,185 Net change in fund balance 201,000 201,000 204,185 3,185 Fund balance - Beginning of year 401,700 401,700 402,419 719 Fund balance - End of year $ 602,700 $ 602,700 $ 606,605 $ 3,905 Totals may not add due to rounding 159 Deschutes County, Oregon Public Health Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 REVENUES Local Investment earnings Fines, forfeitures and penalties Charges for services Contributions and donations 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) Appropriation Transfer Transfers in Transfer out Total other financing sources (uses) Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding Budgeted Amounts Variance with Original Final Actual Final Budget $ 6,000 $ 6,000 $ 16,506 $ 10,506 - - 90 90 1,372,775 1,372,775 1,259,802 (112,973) 1,500 1,500 36,035 34,535 534,439 289,678 291,534 1,856 4,247,754 4,610,009 4,750,832 140,823 101,585 150,335 141,606 (8,729) 6,264,053 6,430,297 6,496,405 66,108 7,166,528 6,794,032 6,541,186 252,846 2,028,288 2,328,582 2,279,520 49,062 100 60,050 49,701 10,349 9,194,916 9,182,664 8,870,407 312,257 1,241,893 1,284,389 - 1,284,389 10,436,809 10,467,053 8,870,407 1,596,646 (4,172,756) (4,036,756) (2,374,002) 1,662,754 - (136,000) - 136,000 2,766,575 2,766,575 2,766,575 - (164,640) (164,640) (164,640) - 2,601,935 2,465,935 2,601,935 136,000 (1,570,821) (1,570,821) 227,933 1,798,754 1,570,821 1,570,821 1,552,977 (17,844) $ - $ - $ 1,780,910 $ 1,780,910 160 Deschutes County, Oregon Healthy Start Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Totals may not add due to rounding 161 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 1,400 $ 1,400 $ 1,374 $ (26) Charges for services - - 25 25 Intergovernmental State 20,153 20,153 18,667 (1,486) Total revenues 21,553 21,553 20,066 (1,487) EXPENDITURES Personnel services 63,260 63,260 62,261 999 Materials and services 13,599 184,599 183,170 1,429 Total 76,859 247,859 245,431 2,428 Operating contingency 167,760 132,760 - 132,760 Total expenditures 244,619 380,619 245,431 135,188 Excess (deficiency) of revenues over expenditures (223,066) (359,066) (225,365) 133,701 OTHER FINANCING SOURCES (USES) Appropriation transfer - 136,000 - (136,000) Net change in fund balance (223,066) (223,066) (225,365) (2,299) Fund balance - Beginning of year 223,066 223,066 225,365 2,299 Fund balance - End of year $ - $ - $ - $ - Totals may not add due to rounding 161 Totals may not add due to rounding 162 Deschutes County, Oregon Public Health Reserve Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 2,000 $ 2,000 $ 2,609 $ 609 EXPENDITURES Materials and services 100 100 - 100 Capital outlay 100 100 - 100 Total expenditures 200 200 - 200 Net change in fund balance 1,800 1,800 2,609 809 Fund balance - Beginning of year 335,747 335,747 335,847 100 Fund balance - End of year $ 337,547 $ 337,547 $ 338,455 $ 908 Totals may not add due to rounding 162 Deschutes County, Oregon Accountable Behavioral Health Alliance Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Totals may not add due to rounding 163 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 33,000 $ 33,000 $ 47,558 $ 14,558 Intergovernmental State 9,590,767 9,590,767 10,536,912 946,145 Total revenues 9,623,767 9,623,767 10,584,470 960,703 EXPENDITURES Materials and services 11,717,302 12,280,302 11,921,825 358,477 Operating contingency 4,529,510 3,771,510 - 3,771,510 Total expenditures 16,246,812 16,051,812 11,921,825 4,129,987 Excess (deficiency) of revenues over expenditures (6,623,045) (6,428,045) (1,337,356) 5,090,689 OTHER FINANCING SOURCES (USES) Transfers out (200,100) (395,100) (394,021) 1,079 Net change in fund balance (6,823,145) (6,823,145) (1,731,377) 5,091,768 Fund balance - Beginning of year 6,823,145 6,823,145 8,387,146 1,564,001 Fund balance - End of year $ - $ - $ 6,655,769 $ 6,655,769 Totals may not add due to rounding 163 Deschutes County, Oregon Acute Care Services Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Totals may not add due to rounding 164 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 6,000 $ 6,000 $ 8,210 $ 2,210 Intergovernmental State 428,990 428,990 445,621 16,631 Total revenues 434,990 434,990 453,831 18,841 EXPENDITURES Materials and services 318,299 388,299 374,139 14,160 Contingency 979,015 909,015 - 909,015 Total expenditures 1,297,314 1,297,314 374,139 923,175 Excess (deficiency) of revenues over expenditures (862,324) (862,324) 79,692 942,016 OTHER FINANCING SOURCES (USES) Transfer out (217,694) (217,694) (211,040) 6,654 Net change in fund balance (1,080,018) (1,080,018) (131,348) 948,670 Fund balance - Beginning of year 1,080,018 1,080,018 1,102,366 22,348 Fund balance - End of year $ - $ - $ 971,019 $ 971,019 Totals may not add due to rounding 164 Deschutes County, Oregon OHP — Chemical Dependency Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Totals may not add due to rounding 165 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 12,000 $ 12,000 $ 22,374 $ 10,374 Intergovernmental State 911,815 911,815 1,496,272 584,457 Total revenues 923,815 923,815 1,518,646 594,831 EXPENDITURES Materials and services 640,764 946,764 840,152 106,612 Operating contingency 1,893,933 1,587,933 - 1,587,933 Total expenditures 2,534,697 2,534,697 840,152 1,694,545 Excess (deficiency) of revenues over expenditures (1,610,882) (1,610,882) 678,494 2,289,376 OTHER FINANCING SOURCES (USES) Transfer in 100 100 - (100) Net change in fund balance (1,610,782) (1,610,782) 678,494 2,289,276 Fund balance - Beginning of year 1,610,782 1,610,782 2,351,578 740,796 Fund balance - End of year $ - $ - $ 3,030,071 $ 3,030,071 Totals may not add due to rounding 165 Deschutes County, Oregon Community Development Department Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Totals may not add due to rounding 166 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Fines, forfeitures and penalties $ 3,200 $ 3,200 $ 1,014 $ (2,186) Investment earnings 6,500 6,500 17,559 11,059 Rents 20,000 20,000 7,922 (12,078) Charges for services 4,080,636 4,080,636 5,097,325 1,016,689 Intergovernmental Local 214,000 214,000 363,815 149,815 Federal 150,000 150,000 143,119 (6,881) Total revenues 4,474,336 4,474,336 5,630,755 1,156,419 EXPENDITURES Personnel services 3,529,232 3,690,566 3,386,029 304,537 Materials and services 1,201,638 1,327,638 1,274,502 53,136 Capital outlay 100 100 - 100 Total 4,730,970 5,018,304 4,660,532 357,772 Operating contingency 478,206 190,872 - 190,872 Total expenditures 5,209,176 5,209,176 4,660,532 548,644 Excess (deficiency) of revenues over expenditures (734,840) (734,840) 970,224 1,705,064 OTHER FINANCING SOURCES (USES) Transfers in 166,770 166,770 166,770 - Transfers out (1,021,043) (1,021,043) (1,021,043) - Total other financing sources (uses) (854,273) (854,273) (854,273) - Net change in fund balance (1,589,113) (1,589,113) 115,951 1,705,064 Fund balance - Beginning of year 1,589,113 1,589,113 2,037,557 448,444 Fund balance - End of year $ - $ - $ 2,153,508 $ 2,153,508 Totals may not add due to rounding 166 Deschutes County, Oregon Community Development Reserve (Sub -Fund of Community Development Department) Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ - $ - $ 2,144 $ 2,144 OTHER FINANCING SOURCES (USES) Transfers in 686,470 686,470 686,470 - Net change in fund balance 686,470 686,470 688,614 2,144 Fund balance - Beginning of year - - - - Fund balance - End of year $ 686,470 $ 686,470 $ 688,614 $ 2,144 Totals may not add due to rounding 167 Deschutes County, Oregon CDD Building Program Reserve (Sub -Fund of Community Development Department) Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ - $ - $ 3 $ 3 OTHER FINANCING SOURCES (USES) Transfers in Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding 1,000 1,000 1,000 1,000 1,000 1,003 3 $ 1,000 $ 1,000 $ 1,003 $ 3 168 Deschutes County, Oregon CDD Groundwater Partnership Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 650 $ 650 $ 271 $ (379) EXPENDITURES Materials and services Contingency Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding 118,750 118,750 41,250 77,500 69,516 69,516 - 69,516 188,266 188,266 41,250 147,016 (187,616) (187,616) 100,000 100,000 (87,616) (87,616) (40,979) 146,637 (100,000) (40,979) 46,637 87,616 87,616 53,695 (33,921) $ - S - $ 12,716 $ 12,716 169 Deschutes County, Oregon Newberry Neighborhood Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 REVENUES Local Investment earnings EXPENDITURES Materials and services Capital outlay Total Budgeted Amounts Variance with Original Final Actual Final Budget $ 2,500 $ 2,500 $ 40,113 $ 37,613 5,000 5,000 - 5,000 100 100 - 100 5,100 5,100 - 5,100 Operating contingency 273,368 273,368 - 273,368 Total expenditures 278,468 278,468 - 278,468 Excess (deficiency) of revenues over expenditures (275,968) (275,968) 40,113 316,081 OTHER FINANCING SOURCES (USES) Transfers out (154,725) (154,725) (54,725) 100,000 Net change in fund balance (430,693) (430,693) (14,612) 416,081 Fund balance - Beginning of year, as reported 430,693 430,693 313,292 (117,401) Prior period adjustment Plus prior period adjustment - - 843,045 843,045 Fund balance - Beginning of year, as restated 430,693 430,693 1,156,337 725,644 Fund balance - End of year $ - $ - $ 1,141,725 $ 1,141,725 Totals may not add due to rounding 170 Deschutes County, Oregon GIS Dedicated Fund Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Totals may not add due to rounding 171 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 250 $ 250 $ 490 $ 240 Charges for services 267,000 267,000 286,783 19,783 Intergovernmental State 16,563 16,563 13,625 (2,938) Total revenues 283,813 283,813 300,899 17,086 EXPENDITURES Personnel services 243,681 243,681 182,600 61,081 Materials and services 40,254 40,254 31,156 9,098 Capital outlay - - - - Total 283,935 283,935 213,755 70,180 Operating contingency 23,178 23,178 - 23,178 Total expenditures 307,113 307,113 213,755 93,358 Net change in fund balance (23,300) (23,300) 87,143 110,443 Fund balance - Beginning of year 23,300 23,300 20,891 (2,409) Fund balance - End of year $ - $ - $ 108,034 $ 108,034 Totals may not add due to rounding 171 Deschutes County, Oregon Natural Resource Protection Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 EXPENDITURES Personnel services Materials and services Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding 145,974 145,974 139,384 6,590 185,442 235,442 134,558 100,884 331,416 381,416 273,943 107,473 458,612 408,612 408,612 790,028 790,028 273,943 516,085 (312,901) (312,901) 168,713 481,614 35,000 35,000 28,395 (6,605) (277,901) (277,901) 197,109 475,010 277,901 277,901 256,668 (21,233) $ - $ - $ 453,777 $ 453,777 172 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ - $ - $ 3,330 $ 3,330 Intergovernmental Local 150,000 150,000 62,400 (87,600) State 7,627 7,627 5,085 (2,542) Federal 319,500 319,500 371,840 52,340 Total revenues 477,127 477,127 442,656 (34,471) EXPENDITURES Personnel services Materials and services Total Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding 145,974 145,974 139,384 6,590 185,442 235,442 134,558 100,884 331,416 381,416 273,943 107,473 458,612 408,612 408,612 790,028 790,028 273,943 516,085 (312,901) (312,901) 168,713 481,614 35,000 35,000 28,395 (6,605) (277,901) (277,901) 197,109 475,010 277,901 277,901 256,668 (21,233) $ - $ - $ 453,777 $ 453,777 172 Deschutes County, Oregon Federal Forest Title III Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Totals may not add due to rounding 173 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 500 $ 500 $ 1,963 $ 1,463 Intergovernmental Federal 125,400 125,400 133,414 8,014 Total revenues 125,900 125,900 135,377 9,477 EXPENDITURES Materials and services 358,112 358,112 120,319 237,793 Total expenditures 358,112 358,112 120,319 237,793 Net change in fund balance (232,212) (232,212) 15,057 247,269 Fund balance - Beginning of year 232,212 232,212 253,086 20,874 Fund balance - End of year $ - $ - $ 268,144 $ 268,144 Totals may not add due to rounding 173 Deschutes County, Oregon Surveyor Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 EXPENDITURES Materials and services Budgeted Amounts 76,800 76,800 - Operating contingency 24,093 Variance with - Original Final Actual Final Budget REVENUES 76,800 24,093 Net change in fund balance Local (24,093) 67,706 91,799 Licenses and permits $ 28,500 $ 28,500 $ 112,625 $ 84,125 Investment earnings 300 300 1,270 970 Charges for services 48,000 48,000 30,611 (17,389) Total revenues 76,800 76,800 144,506 67,706 EXPENDITURES Materials and services 76,800 76,800 76,800 - Operating contingency 24,093 24,093 - 24,093 Total expenditures 100,893 100,893 76,800 24,093 Net change in fund balance (24,093) (24,093) 67,706 91,799 Fund balance - Beginning of year 24,093 24,093 92,742 68,650 Fund balance - End of year $ - $ - $ 160,448 $ 160,448 Totals may not add due to rounding 174 Deschutes County, Oregon Public Land Corner Preservation Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 EXPENDITURES Materials and services Budgeted Amounts 528,000 445,779 82,221 Variance with 415,985 Original Final Actual Final Budget REVENUES Total expenditures 943,985 Local 445,779 498,206 Investment earnings $ 3,000 $ 3,000 $ 5,564 $ 2,564 Charges for services 430,000 430,000 414,704 (15,297) Total revenues 433,000 433,000 420,268 (12,732) EXPENDITURES Materials and services 528,000 528,000 445,779 82,221 Operating contingency 415,985 415,985 - 415,985 Total expenditures 943,985 943,985 445,779 498,206 Net change in fund balance (510,985) (510,985) (25,511) 485,474 Fund balance - Beginning of year 510,985 510,985 533,969 22,984 Fund balance - End of year $ - $ - $ 508,458 $ 508,458 Totals may not add due to rounding 175 Deschutes County, Oregon Countywide Transportation SDC Improvement Fee Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 EXPENDITURES Operating contingency 15,292 15,292 - 15,292 Total expenditures 15,292 15,292 - 15,292 Excess (deficiency) of revenues over expenditures 413,708 413,708 858,429 444,721 OTHER FINANCING SOURCES (USES) Transfer out (2,000,000) (2,000,000) (1,000,000) 1,000,000 Net change in fund balance (1,586,292) (1,586,292) (141,571) 1,444,721 Fund balance - Beginning of year 1,586,292 1,586,292 1,801,919 215,627 Fund balance - End of year $ - $ - $ 1,660,348 $ 1,660,349 Totals may not add due to rounding 176 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Licenses and permits $ 425,000 $ 425,000 $ 841,930 $ 416,930 Investment earnings 4,000 4,000 16,499 12,499 Total revenues 429,000 429,000 858,429 429,429 EXPENDITURES Operating contingency 15,292 15,292 - 15,292 Total expenditures 15,292 15,292 - 15,292 Excess (deficiency) of revenues over expenditures 413,708 413,708 858,429 444,721 OTHER FINANCING SOURCES (USES) Transfer out (2,000,000) (2,000,000) (1,000,000) 1,000,000 Net change in fund balance (1,586,292) (1,586,292) (141,571) 1,444,721 Fund balance - Beginning of year 1,586,292 1,586,292 1,801,919 215,627 Fund balance - End of year $ - $ - $ 1,660,348 $ 1,660,349 Totals may not add due to rounding 176 Deschutes County, Oregon Dog Control Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 EXPENDITURES Materials and services Budgeted Amounts 535,683 443,249 92,434 Operating contingency 55,940 55,940 - 55,940 Variance with 591,623 Original Final Actual Final Budget REVENUES over expenditures (292,223) (292,223) (156,961) Local Licenses and permits $ 291,700 $ 291,700 $ 272,077 $ (19,623) Fines, forfeitures and penalties 3,600 3,600 8,146 4,546 Investment earnings 800 800 1,986 1,186 Charges for services 300 300 448 148 Contributions and donations 3,000 3,000 3,631 631 Total revenues 299,400 299,400 286,288 (13,112) EXPENDITURES Materials and services 535,683 535,683 443,249 92,434 Operating contingency 55,940 55,940 - 55,940 Total expenditures 591,623 591,623 443,249 148,374 Excess (deficiency) of revenues over expenditures (292,223) (292,223) (156,961) 135,262 OTHER FINANCING SOURCES (USES) Transfers in 152,223 152,223 152,223 - Net change in fund balance (140,000) (140,000) (4,738) 135,262 Fund balance - Beginning of year 140,000 140,000 201,313 61,313 Fund balance - End of year $ - $ - $ 196,575 $ 196,575 Totals may not add due to rounding 177 Deschutes County, Oregon Adult Parole and Probation Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding 561,151 561,151 - 561,151 5,333,543 5,333,543 4,629,420 704,123 (1,482,013) (1,482,013) (719,043) 762,970 451,189 451,189 451,189 (1,030,824) (1,030,824) (267,854) 762,970 1,030,824 1,030,824 1,132,192 101,368 $ - $ - $ 864,337 $ 864,337 178 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Fines, forfeitures and penalties $ 410,000 $ 410,000 $ 432,975 $ 22,975 Investment earnings 6,150 6,150 10,029 3,879 Rents 1,500 1,500 1,600 100 Charges for services 55,450 55,450 69,122 13,672 Intergovernmental Local 97,996 97,996 102,612 4,616 State 3,280,434 3,280,434 3,294,038 13,604 Total revenues 3,851,530 3,851,530 3,910,376 58,846 EXPENDITURES Personnel services 3,623,526 3,623,526 3,581,700 41,826 Materials and services 1,148,766 1,148,766 1,047,720 101,046 Capital outlay 100 100 - 100 Total 4,772,392 4,772,392 4,629,420 142,972 Operating contingency Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding 561,151 561,151 - 561,151 5,333,543 5,333,543 4,629,420 704,123 (1,482,013) (1,482,013) (719,043) 762,970 451,189 451,189 451,189 (1,030,824) (1,030,824) (267,854) 762,970 1,030,824 1,030,824 1,132,192 101,368 $ - $ - $ 864,337 $ 864,337 178 Deschutes County, Oregon Extension 4-11 Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 REVENUES Local Taxes - property Investment earnings 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 OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding Budgeted Amounts Variance with Original Final Actual Final Budget $ 417,265 $ 417,265 $ 428,232 $ 10,967 1,250 1,250 2,156 906 4,020 4,020 3,685 (335) 86,200 86,200 87,975 1,775 508,735 508,735 522,048 13,313 162,914 181,364 167,232 14,132 399,401 399,401 324,558 74,843 200 200 - 200 562,515 580,965 491,790 89,175 62,320 43,870 - 43,870 624,835 624,835 491,790 133,045 (116,100) (116,100) 30,258 146,358 100 100 - (100) (75,000) (75,000) (50,000) 25,000 (74,900) (74,900) (50,000) 24,900 (191,000) (191,000) (19,742) 171,258 191,000 191,000 68,123 (122,877) $ - $ - $ 48,381 $ 48,381 179 Totals may not add due to rounding 180 Deschutes County, Oregon Extension 4-11 Construction (Sub-Fund of Extension 4-11) Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 1,600 $ 1,600 $ 2,887 $ 1,287 EXPENDITURES Materials and services 100 100 - 100 Capital outlay 100 100 - 100 Total expenditures 200 200 - 200 Excess (deficiency) of revenues over expenditures 1,400 1,400 2,887 1,487 OTHER FINANCING SOURCES (USES) Transfers in 75,000 75,000 50,000 (25,000) Transfers out (100) (100) - 100 Total other financing sources (uses) 74,900 74,900 50,000 (24,900) Net change in fund balance 76,300 76,300 52,887 (23,413) Fund balance - Beginning of year 355,700 355,700 355,979 279 Fund balance - End of year $ 432,000 $ 432,000 $ 408,866 $ (23,134) Totals may not add due to rounding 180 ASSETS Cash and cash equivalents Investments, plus accrued interest Taxes receivable Accounts receivable Total assets DEFERRED INFLOWS OF RESOURCES Unavailable revenue - property taxes FUND BALANCE Restricted Committed Total fund balance Total liabilities, deferred inflows of resources and fund balances Deschutes County, Oregon Nonmajor Debt Service Funds Combining Balance Sheet June 30, 2015 CDD Bldg Full Faith & FF & C, Credit Refunding Ref Series Series 2004 2012 Full Faith & Full Faith & Credit 2005 Credit 2008 $ 3,429 $ 8,103 $ 834 $ 28,237 10,663 25,195 2,592 87,801 - - - 39,509 $ 14,093 $ 33,297 $ 3,426 $ 155,547 14,093 33,297 3,426 155,547 14,093 33,297 3,426 155,547 14,093 $ 33,297 $ 3,426 $ 155,547 Totals may not add due to rounding (continued) 181 ASSETS Cash and cash equivalents Investments, plus accrued interest Taxes receivable Accounts receivable Total assets DEFERRED INFLOWS OF RESOURCES Unavailable revenue - property taxes FUND BALANCE Restricted Committed Total fund balance Total liabilities, deferred inflows of resources and fund balances Deschutes County, Oregon Nonmajor Debt Service Funds Combining Balance Sheet June 30, 2015 HHS/BJCC FIT &C, Full Faith & Refunding Credit 2009 Series 2005 $ 115 $ 1,939 $ 59,485 $ 359 6,030 184,967 $ 474 $ 7,970 $ 244,452 $ 474 7,970 244,452 474 7,970 _ 244,452 $ 474 $ 7,970 $ 244,452 $ 201 627 828 828 828 828 Totals may not add due to rounding (continued) 182 Deschutes County, Oregon Nonmajor Debt Service Funds Combining Balance Sheet June 30, 2015 Totals may not add due to rounding 183 Sunriver Library CSD Total PERS Series General Nonmajor Debt 2002/2004 Obligation Service Funds ASSETS Cash and cash equivalents $ 5,512 $ 2,599 $ 110,455 Investments, plus accrued interest 17,138 8,083 343,454 Taxes receivable - 2,753 2,753 Accounts receivable - - 39,509 Total assets S 22,649 $ 13,435 $ 496,171 DEFERRED INFLOWS OF RESOURCES Unavailable revenue - property taxes $ - $ 2,466 $ 2,466 FUND BALANCE Restricted - 10,970 10,970 Committed 22,649 - 482,736 Total fund balance 22,649 10,970 493,706 Total liabilities, deferred inflows of resources and fund balances $ 22,649 $ 13,435 $ 496,171 Totals may not add due to rounding 183 Deschutes County, Oregon Nonmajor Debt Service Funds Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Year Ended June 30, 2015 REVENUES Local Taxes - property Investment earnings Rents Charges for services Total revenues EXPENDITURES Materials and services Debt Service: Principal Interest Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Net change in fund balances Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding CDD Bldg Full Faith & FF & C Credit Series Ref Series Ref Series 2004 2012 134 929 - 649,710 134 650,639 Full Faith & Full Faith & Credit Credit 2005 2008 69 2,262 - 474,107 - 251,466 69 727,835 500 400 500 400 165,000 858,290 167,291 425,000 8,673 585,160 83,865 337,149 174,173 1,443,851 251,656 762,549 (174,038) (793,211) (251,587) (34,713) 173,673 804,414 251,156 - (365) 11,203 (431) (34,713) 14,458 22,095 3,858 190,260 $ 14,093 $ 33,297 $ 3,426 $ 155,547 (continued) 184 Deschutes County, Oregon Nonmajor Debt Service Funds Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Year Ended June 30, 2015 REVENUES Local Taxes - property Investment earnings Rents Charges for services Total revenues EXPENDITURES Materials and services Debt Service: Principal Interest Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Net change in fund balances Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding Full Faith & Credit 2009 69 69 HHS/BJCC FF&C Ref Series 2005 Full Faith & Full Faith & Credit Credit 2010 2013 191 1,832 - 119,200 191 121,032 400 138 400 138 400 500 400 421 145,000 495,000 55,000 220,000 104,828 77,870 38,171 324,531 250,228 573,370 93,571 544,952 (250,159) (573,179) 27,460 (544,814) 250,000 572,870 - 545,531 (159) (309) 27,460 717 633 8,279 216,991 111 $ 474 $ 7,970 $ 244,452 $ 828 (continued) 185 Deschutes County, Oregon Nonmajor Debt Service Funds Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Year Ended June 30, 2015 REVENUES Local Taxes - property Investment earnings Rents Charges for services Total revenues EXPENDITURES Materials and services Debt Service: Principal Interest Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Net change in fund balances Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding PERS Series 2002/2004 Sunriver Library CSD General Obligation Total Nonmajor Debt Service Funds $ - $ 97,900 $ 97,900 1,482 414 7,520 - - 1,243,017 1,038,266 - 1,289,732 1,039,748 98,314 2,638,169 - - 3,521 263,223 85,000 2,878,804 777,607 9,975 2,347,829 1,040,830 94,975 5,230,154 (1,082) 3,339 (2,591,985) - 2,597,644 (1,082) 3,339 5,659 23,731 7,631 488,047 $ 22,649 $ 10,970 S 493,706 186 Deschutes County, Oregon CDD Building Full Faith and Credit, Refunding Series 2004 Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings EXPENDITURES Materials and services Debt service Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding 70 $ 70 $ 134 $ 64 500 500 500 173,673 173,673 173,673 174,173 174,173 174,173 (174,103) (174,103) (174,038) 64 173,673 173,673 173,673 - (430) (430) (365) 64 14,400 14,400 14,458 58 $ 13,970 $ 13,970 $ 14,093 $ 122 187 Deschutes County, Oregon Full Faith and Credit, Refunding Series 2012 Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 REVENUES Local Investment earnings Rents Total revenues EXPENDITURES Materials and services Debt service Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding Budgeted Amounts Original Final Variance with Actual Final Budget $ 500 $ 500 $ 929 $ 429 651,139 651,139 649,710 (1,429) 651,639 651,639 650,639 (1,000) 1,000 1,000 400 1,443,451 1,443,451 1,443,451 1,444,451 1,444,451 1,443,851 600 600 (792,812) (792,812) (793,211) (400) 804,414 804,414 804,414 11,602 11,602 11,203 (400) 21,000 21,000 22,095 1,095 $ 32,602 $ 32,602 $ 33,297 $ 695 188 Totals may not add due to rounding 189 Deschutes County, Oregon Full Faith and Credit, Series 2005 Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ - $ - $ 69 $ 69 EXPENDITURES Materials and services 500 500 500 - Debt service 251,156 251,156 251,156 - Total expenditures 251,656 251,656 251,656 - Excess (deficiency) of revenues over expenditures (251,656) (251,656) (251,587) 69 OTHER FINANCING SOURCES (USES) Transfers in 251,156 251,156 251,156 - Net change in fund balance (500) (500) (431) 69 Fund balance - Beginning of year 4,100 4,100 3,858 (242) Fund balance - End of year $ 3,600 $ 3,600 $ 3,426 $ (174) Totals may not add due to rounding 189 Totals may not add due to rounding 190 Deschutes County, Oregon Full Faith and Credit, Series 2008 Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 1,000 $ 1,000 $ 2,262 $ 1,262 Rents 474,874 474,874 474,107 (767) Intergovernmental Local 251,466 251,466 251,466 - Total revenues 727,340 727,340 727,835 495 EXPENDITURES Materials and services 400 400 400 - Debt service 762,149 762,149 762,149 - Total expenditures 762,549 762,549 762,549 - Net change in fund balance (35,209) (35,209) (34,713) 495 Fund balance - Beginning of year 181,925 181,925 190,260 8,335 Fund balance - End of year $ 146,716 $ 146,716 $ 155,547 $ 8,830 Totals may not add due to rounding 190 Deschutes County, Oregon Full Faith and Credit, Series 2009 Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 REVENUES Local Investment earnings EXPENDITURES Materials and services Debt service Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Budgeted Amounts Original Final Actual Variance with Final Budget $ - $ - $ 69 $ 69 400 400 400 249,828 249,828 249,828 250,228 250,228 250,228 (250,228) (250,228) (250,159) 250,000 250,000 250,000 (228) (228) (159) 400 400 633 $ 172 $ 172 $ 474 Totals may not add due to rounding 191 69 69 233 $ 302 Deschutes County, Oregon HHS / BJCC Full Faith and Credit, Series 2005 Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 50 $ 50 $ 191 $ 141 EXPENDITURES Materials and services 500 500 500 - Debt service 572,870 572,870 572,870 Total expenditures 573,370 573,370 573,370 - Excess (deficiency) of revenues over expenditures (573,320) (573,320) (573,179) 141 OTHER FINANCING SOURCES (USES) Transfers in 572,870 572,870 572,870 - Net change in fund balance (450) (450) (309) 141 Fund balance - Beginning of year 8,000 8,000 8,279 279 Fund balance - End of year $ 7,550 $ 7,550 $ 7,970 $ 420 Totals may not add due to rounding 192 Deschutes County, Oregon Full Faith and Credit 2010 - Secure Treatment Facility Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 EXPENDITURES Materials and services Budgeted Amounts 400 400 - Debt service 93,171 93,171 Variance with Total expenditures Original Final Actual Final Budget REVENUES Net change in fund balance 26,506 26,506 Local Fund balance - Beginning of year 215,000 215,000 Investment earnings $ 500 $ 500 $ 1,832 $ 1,332 Rents 119,577 119,577 119,200 (377) Total revenues 120,077 120,077 121,032 955 EXPENDITURES Materials and services 400 400 400 - Debt service 93,171 93,171 93,171 - Total expenditures 93,571 93,571 93,571 - Net change in fund balance 26,506 26,506 27,460 955 Fund balance - Beginning of year 215,000 215,000 216,991 1,991 Fund balance - End of year $ 241,506 $ 241,506 $ 244,452 $ 2,946 Totals may not add due to rounding 193 Deschutes County, Oregon Full Faith and Credit Jail Remodel Debt Service Series 2013 Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings EXPENDITURES Materials and services Debt service Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Net change in fund balance Fund balance - Beginning of year Fund balance - End of year - $ - $ 138 $ 138 1,000 1,000 421 544,531 544,531 544,531 545,531 545,531 544,952 (545,531) (545,531) (544,814) 545,531 545,531 545,531 - - 717 111 Totals may not add due to rounding 194 579 579 717 717 111 - $ 828 $ 828 Totals may not add due to rounding 195 Deschutes County, Oregon PERS, Series 2002 and 2004 Debt Service Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 700 $ 700 $ 1,482 $ 782 Charges for services 1,040,130 1,040,130 1,038,266 (1,864) Total revenues 1,040,830 1,040,830 1,039,748 (1,082) EXPENDITURES Debt service 1,040,830 1,040,830 1,040,830 - Net change in fund balance - - (1,082) (1,082) Fund balance - Beginning of year 34,000 34,000 23,731 (10,269) Fund balance - End of year $ 34,000 $ 34,000 $ 22,649 $ (11,351) Totals may not add due to rounding 195 Totals may not add due to rounding 196 Deschutes County, Oregon Sunriver Library County Service District Debt Service Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Taxes - property $ 95,975 $ 95,975 $ 97,900 $ 1,924 Investment earnings - - 414 414 Total revenues 95,975 95,975 98,314 2,339 EXPENDITURES Debt service 94,975 94,975 94,975 - Net change in fund balance 1,000 1,000 3,339 2,339 Fund balance - Beginning of year 7,000 7,000 7,631 631 Fund balance - End of year $ 8,000 $ 8,000 $ 10,970 $ 2,970 Totals may not add due to rounding 196 ASSETS Cash and cash equivalents Investments, plus accrued interest Total assets LIABILITIES AND FUND BALANCES Liabilities: Accounts payable Fund balances: Committed Total liabilities and fund balances Deschutes County, Oregon Nonmajor Capital Project Funds Combining Balance Sheet June 30, 2015 North County Services Building $ 79,211 246,304 $ 325,515 Campus Improvement $ 48,870 151,958 $ 200,827 Total Nonmajor Capital Proiects Funds $ 128,081 398,262 $ 526,342 $ 118,495 $ 13,442 $ 131,937 207,020 $ 325,515 Totals may not add due to rounding 197 187,385 $ 200,827 394,405 $ 526,342 Deschutes County, Oregon Nonmajor Capital Project Funds Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Year Ended June 30, 2015 Total Local North County Nonmajor Improvement Sisters Services Campus Jail Capital District Health Clinic Building Improvement Project Projects Funds REVENUES Local Investment earnings $ Contributions and donations Intergovernmental Local Federal Total revenues - $ 73 $ - 23,261 86,931 110,265 461 $ 2,295 $ 1,910 $ 4,739 - - 23,034 46,295 847,049 847,049 - - - 86,931 461 2,295 871,993 985,014 EXPENDITURES Debt Service: Principal 136,322 - 149,339 - - 285,661 Interest - - 2,242 - - 2,242 Capital outlay - 491,031 592,012 235,106 1,604,431 2,922,581 Total expenditures 136,322 491,031 743,593 235,106 1,604,431 3,210,484 Excess (deficiency) of revenues over expenditures (136,322) (380,766) (743,132) (232,812) (732,438) (2,225,469) OTHER FINANCING SOURCES (USES) Transfers in - 24,409 906,736 350,000 2,524,368 3,805,513 Net change in fund balances (136,322) (356,357) 163,604 117,188 1,791,930 1,580,043 Fund balance - Beginning of year 136,322 356,357 43,416 70,196 (1,791,930) (1,185,638) Fund balance - End of year $ - $ - $ 207,020 $ 187,385 $ - $ 394,405 Totals may not add due to rounding 198 Deschutes County, Oregon Local Improvement District Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Totals may not add due to rounding 199 Budgeted Amounts Variance with Original Final Actual Final Budget EXPENDITURES Debt service $ 150,000 $ 150,000 $ 136,322 $ 13,678 Net change in fund balance (150,000) (150,000) (136,322) 13,678 Fund balance - Beginning of year 150,000 150,000 136,322 (13,678) Fund balance - End of year $ - $ - $ - $ - Totals may not add due to rounding 199 Deschutes County, Oregon North County Services Building Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 Budgeted Amounts Variance with Original Final Actual Final Budget REVENUES Local Investment earnings $ 3,000 $ 3,000 $ 461 $ (2,539) EXPENDITURES Materials and services 57,578 162,578 135,889 26,689 Debt service 154,500 154,500 151,581 2,919 Capital outlay 5,000 655,000 456,123 198,877 Total expenditures 217,078 972,078 743,593 228,485 Excess (deficiency) of revenues (540,000) (540,000) 163,604 703,604 over expenditures (214,078) (969,078) (743,132) 225,946 OTHER FINANCING SOURCES (USES) Appropriation transfer - 755,000 - (755,000) Transfers in - - 906,736 906,736 Transfers out (325,922) (325,922) - 325,922 Net other financing sources (uses) (325,922) 429,078 906,736 477,658 Net change in fund balance (540,000) (540,000) 163,604 703,604 Fund balance - Beginning of year 540,000 540,000 43,416 (496,584) Fund balance - End of year $ - $ - $ 207,020 $ 207,020 Totals may not add due to rounding 200 Deschutes County, Oregon Campus Improvement Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 REVENUES Local Investment earnings EXPENDITURES Materials and services Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfer in Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding Budgeted Amounts Original Final Actual Variance with Final Budget $ 1,000 $ 1,000 $ 2,295 $ 1,295 401,000 401,000 235,106 165,894 50,000 50,000 - 50,000 451,000 451,000 235,106 215,894 (450,000) (450,000) (232,812) 217,188 350,000 350,000 350,000 (100,000) (100,000) 117,188 217,188 100,000 100,000 70,196 (29,804) $ - $ - $ 187,385 $ 187,385 201 Deschutes County, Oregon Sisters Health Clinic Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 REVENUES Local Investment earnings Contributions and donations Intergovernmental Federal Total revenues EXPENDITURES Materials and services Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out Net other financing sources (uses) Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding Budgeted Amounts Original Final Actual Variance with Final Budget $ 11000 $ 1,000 $ 73 $ (927) - - 23,261 23,261 220,000 220,000 86,931 (133,069) 221,000 221,000 110,265 (110,735) 20,359 20,359 12,415 7,944 550,541 550,541 478,616 71,925 570,900 570,900 491,031 79,869 (349,900) (349,900) (380,766) (30,866) - - 24,409 24,409 (100) (100) - 100 (100) (100) 24,409 24,509 (350,000) (350,000) (356,357) (6,357) 350,000 350,000 356,357 6,357 202 Deschutes County, Oregon Jail Project Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Budgetary Basis) Year Ended June 30, 2015 REVENUES Local Investment earnings Contributions and donations Intergovernmental Local Total revenues EXPENDITURES Materials and services Debt service Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Net other financing sources (uses) Net change in fund balance Fund balance - Beginning of year Fund balance - End of year Totals may not add due to rounding Budgeted Amounts Original Final S - S Variance with Actual Final Budget - $ 1,910 $ 1,910 - 23,034 23,034 847,049 847,049 871,993 871,993 278,044 278,044 144,739 133,305 1,165,000 1,165,000 - 1,165,000 2,997,956 2,997,956 1,459,692 1,538,264 4,441,000 4,441,000 1,604,431 2,836,569 (4,441,000) (4,441,000) (732,438) 3,708,562 1,441,000 1,441,000 2,524,368 1,083,368 1,441,000 1,441,000 2,524,368 1,083,368 (3,000,000) (3,000,000) 1,791,930 4,791,930 3,000,000 3,000,000 (1,791,930) (4,791,930) 203 Fiduciary Funds Statement of Changes in Assets and Liabilities — Agency Funds June 30, 2015 Deschutes County, Oregon Deschutes County, Oregon Fiduciary Funds Statement of Changes in Assets and Liabilities — Agency Funds — Detail Activity June 30, 2015 Balance Balance July 1, 2014 Additions Deductions June 30, 2015 Amounts Held for Others Assets Cash, cash equivalents and investments, at market; plus accrued interest $ 11,555,167 $ 322,383,342 $ 322,414,038 $ 11,524,471 Accounts receivable 219,290 - 112,874 106,416 $ 11,774,457 $ 322,383,342 $ 322,526,912 $ 11,630,887 Liabilities Accounts payable $ 656,812 $ 23,940,878 $ 24,022,718 $ 574,973 Due to other entities Governmental 1,001,911 298,155,193 298,116,260 1,040,843 Others 10,115,734 287,271 387,935 10,015,070 $ 11,774,457 $ 322,383,342 $ 322,526,913 $ 11,630,887 Totals may not add due to rounding 205 Combining Funds and Individual Funds Statements and Schedules — Proprietary Funds — Enterprise Funds June 30, 2015 Deschutes County, Oregon This page left intentionally blank. Deschutes County, Oregon Solid Waste Enterprise Operations Fund and Sub -Funds Combining Schedule of Net Position June 30, 2015 ASSETS Current assets: Cash and cash equivalents Investments, plus accrued interest Accounts receivable Due from other funds Total current assets Noncurrent assets: Net pension asset Capital assets: Capital assets not being depreciated: Land Construction in progress Capital assets net of accumulated depreciation: Land improvements Buildings and improvements Equipment Vehicles Intangibles Total capital assets Total assets Solid Waste Solid Waste Solid Waste Landfill Landfill Capital Equipment Operations Closure Postclosure Projects Reserve Total $ 354,506 $ 447,107 $ 127,150 $ 535,783 $ 141,260 $ 1,605,806 1,093,925 1,390,259 395,367 1,665,993 439,242 4,984,785 604,200 - - - - 604,200 - 481,878 - - - 481,878 2,052,630 2,319,244 522,517 2,201,775 580,501 7,676,668 234,861 - - - - 234,861 1,791,352 - - - 1,791,352 4,136,780 - - 4,136,780 10,980,907 - - - 10,980,907 8,064,006 - - - 8,064,006 1,769,321 - - - 1,769,321 114,232 - - - 114,232 17,783 - - - 17,783 26,874,380 - - - - 26,874,380 29,161,871 2,319,244 522,517 2,201,775 580,501 34,785,909 DEFERRED OUTLOWS OF RESOURCES Deferred charge on refunding 236,507 - - - 236,507 Contributions subsequent to measurement date 88,756 88,756 Total deferred outflows of resources 325,263 - - - 325,263 LIABILITIES Current liabilities: Accounts payable 283,444 5,589 339,678 - 628,711 Interest payable 30,519 - - - 30,519 Current portion of noncurrent liabilities 717,786 - - 717,786 Total current liabilities 1,031,749 5,589 339,678 - 1,377,016 Noncurrent liabilities: Compensated leave 199,838 - - - 199,838 Net OPEB obligation 429,802 - - - 429,802 Bonds and notes payable (net of unamortized premiums and discounts) 10,413,457 - - - - 10,413,457 Accrued closure / postclosure 7,308,002 2,313,655 522,517 - - 10,144,173 Less current portion of noncurrent liabilities (717,786) - - - - (717,786) Total noncurrent liabilities 17,633,312 2,313,655 522,517 - - 20,469,484 Total liabilities 18,665,061 2,319,244 522,517 339,678 - 21,846,500 DEFERRED INFLOWS OF RESOURCES Changes in proportion 12,195 - - - 12,195 Net difference (projected & actual earnings) 453,186 - - - 453,186 Total Deferred Inflows of Resources 465,381 - - - 465,381 NET POSITION Net investment in capital assets 16,460,924 - - - 16,460,924 Unrestricted (6,104,232) - 1,862,098 580,501 (3,661,632) Total net position $ 10,356,692 S - $ $ 1,862,098 $ 580,501 $ 12,799,291 Totals may not add due to rounding 206 Deschutes County, Oregon Fair & Expo Center Enterprise Operations Fund and Sub -Funds Combining Schedule of Net Position June 30, 2015 Totals may not add due to rounding 207 Annual Fair & Expo Fairgrounds Fair & Expo County Center G.O. Bonds Center Fair Reserve Debt Service Total ASSETS Current assets: Cash and cash equivalents $ 36,510 $ 17,448 $ 96,609 $ 61,045 $ 211,611 Investments, plus accrued interest 92,692 54,252 300,401 189,817 637,163 Accounts receivable 34,207 - - - 34,207 Taxes receivable - - - 93,452 93,452 Inventory 24,040 24,040 Prepaid expenses - 155,310 - - 155,310 Total current assets 187,450 227,010 397,010 344,313 1,155,784 Noncurrent assets: Net pension asset 143,576 21,264 164,840 Capital assets: Capital assets not being depreciated: Land 132,685 - - - 132,685 Construction in Progress 45,000 - - - 45,000 Capital assets net of accumulated depreciation: Land improvements 5,367,054 - - - 5,367,054 Building and improvements 14,981,381 - - - 14,981,381 Equipment and vehicles 299,330 - - - 299,330 Total capital assets 20,825,450 - - - 20,825,450 Total assets 21,156,476 248,274 397,010 344,313 22,146,074 DEFERRED OUTFLOWS OF RESOURCES Deferred charge on refunding 4,993 - - 82,755 87,749 Contributions subsequent to measurement date 54,259 8,036 62,294 Total deferred outflows of resources 59,252 8,036 - 82,755 150,043 LIABILITIES Current liabilities: Accounts payable 47,780 4,644 - - 52,424 Unearned revenues 80,854 221,739 - - 302,593 Interest payable 10,809 - - 10,713 21,521 Current portion of noncurrent liabilities 133,580 21,362 - 2,652,000 21806,941 Total current liabilities 273,023 247,745 2,662,712 31183,480 Noncurrent liabilities Compensated leave 128,243 21,362 - - 149,605 Net OPEB obligation 219,899 - - - 219,899 Bonds and notes payable (net of unamortized premiums and discounts) 1,061,308 - - 5,247,000 6,308,308 Less current portion of noncurrent liabilities (133,580) (21,362) - (2,652,000) (2,806,941) Total noncurrent liabilities 1,275,870 2,595,000 3,870,870 Total liabilities 1,548,893 247,745 - 5,257,712 7,054,350 DEFERRED INFLOWS OF RESOURCES Changes in proportion 7,455 1,104 - - 8,559 Net difference (projected & actual earnings) 277,043 41,031 - - 318,074 Total deferred inflows of resources 284,499 42,135 - - 326,633 NET POSITION Net investment in capital assets 19,764,142 - - (5,247,000) 14,517,143 Restricted for debt service - - - 416,356 416,356 Unrestricted (381,806) (33,570) 397,010 - (18,365) Total net position $ 19,382,337 $ (33,570) $ 397,010 $ (4,830,643) $ 14,915,134 Totals may not add due to rounding 207 Deschutes County, Oregon Solid Waste Enterprise Operations Fund and Sub -Funds Combining Schedule of Revenues, Expenses, and Changes in Net Position Year Ended June 30, 2015 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) Investment earnings Interest expense Loss on sale of capital assets Net nonoperating revenues (expenses) Income (loss) before transfers OTHER FINANCING SOURCES (USES) Inter -fund Transfers out Intra -fund Transfers in Transfers out Equity Transfer Net other financing sources (uses) Change in net position Net position - beginning of year (as previously reported) Prior Period Adjustment GASB #68 Net position - Beginning of year (as restated) Net position - end of year Totals may not add due to rounding Solid Waste Landfill Operations Closure $ 8,059,303 $ - 28,786 - 8,088,089 - 1,622,288 - 3,114,960 33,845 396,189 - 2,020,958 - 7,154,395 33,845 933,694 (33,845) Solid Waste Landfill Capital Post -Closure Projects Solid Waste Equipment Reserve Total $ - $ 8,059,303 - 28,786 - 8,088,089 - 1,622,288 - - 5,521 3,154,326 - 396,189 - 2,020,958 5,521 7,193,761 (5,521) 894,328 17,906 22,878 4,027 17,494 2,779 65,085 (384,969) - - - - (384,969) (35,714) - - - - (35,714) (402,777) 22,878 4,027 17,494 2,779 (355,598) 530,917 (10,967) 4,027 17,494 (2,742) 538,730 (298,156) - - - - (298,156) 4,300,000 425,000 4,725,000 (2,225,000) (2,500,000) - - - (4,725,000) 607,092 2,510,967 (4,027) (3,114,031) - - (1,916,064) 10,967 (4,027) 1,185,969 425,000 (298,156) (1,385,147) - - 1,203,463 422,258 240,574 12,190,608 - - 658,635 158,244 13,007,486 (448,767) - - - - (448,767) 11,741,840 - - 658,635 158,244 12,558,718 $ 10,356,693 $ - $ - $ 1,862,098 $ 580,501 $ 12,799,292 208 Deschutes County, Oregon Fair & Expo Center Enterprise Operations Fund and Sub -Funds Combining Schedule of Revenues, Expenses, and Changes in Net Position Year Ended June 30, 2015 NONOPERATING REVENUES (EXPENSES) Grants 280 Fair & Expo Fairgrounds 51,244 Fair & Expo Annual Center G.O. Bonds - 2,623,509 Center County Fair Reserve Debt Service Total OPERATING REVENUES 3,051 1,593 5,857 Interest expense Charges for services $ 1,145,292 $ 1,111,772 $ - $ - $ 2,257,064 OPERATING EXPENSES (45,507) 51,413 3,051 2,511,588 Personnel 868,631 103,322 - - 971,953 Materials and services 791,207 845,006 - - 1,636,213 Depreciation 698,107 - - - 698,107 Total operating expenses 2,357,946 948,328 - - 3,306,274 Operating income (loss) (1,212,654) 163,444 - - (1,049,210) NONOPERATING REVENUES (EXPENSES) Grants 280 50,964 - - 51,244 Property taxes - - - 2,623,509 2,623,509 Investment earnings 764 449 3,051 1,593 5,857 Interest expense (46,550) - - (113,514) (160,064) Net nonoperating revenues (expenses) (45,507) 51,413 3,051 2,511,588 2,520,545 Income (loss) before transfers (1,258,161) 214,857 3,051 2,511,588 1,471,335 OTHER FINANCING SOURCES (USES) Equity transfer 16,526 - (16,526) - - Inter -fund: Transfers in 621,439 54,235 - - 675,674 Intra -fund: Transfers in 244,000 - - - 244,000 Transfers out - (244,000) - - (244,000) Net other financing sources (uses) 881,965 (189,765) (16,526) - 675,674 Change in net position (376,196) 25,092 (13,475) 2,511,588 2,147,009 Net position - beginning of year (as previously reported) 20,032,875 (18,031) 410,486 (7,342,231) 13,083,098 Prior Period Adjustment GASB #68 (274,342) (40,631) (314,973) Net position - Beginning of year (as restated) 19,758,533 (58,662) 410,486 (7,342,231) 12,768,125 Net position - End of year $ 19,382,337 $ (33,570) $ 397,010 $ (4,830,643) $ 14,915,134 Totals may not add due to rounding 209 Deschutes County, Oregon Solid Waste Enterprise Operations Fund and Sub -Funds Combining Schedule of Cash Flows Year Ended June 30, 2015 Solid Waste Landfill Operations Closure CASH FLOWS FROM OPERATING ACTIVITIES Receipts from customers $ 8,026,149 $ Payments to employees (1,856,302) Payments to suppliers (3,140,183) (28,616) Net cash provided (used) by operating activities 3,029,665 (28,616) CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES Interfund loan repayments - 2,202,102 Interfund cash transfers in/out (2,523,156) (2,500,000) Net cash provided (used) by noncapital financing activities (2,523,156) (297,898) CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Acquisition and construction of capital assets Sale of capital assets 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 (loss) to net cash provided (used) by operating activities: Depreciation expense Change in assets, liabilities and deferred inflows/outflows Receivables, net Defined Benefit Pension Accounts (NPL,DOR & DIR) Accounts payable Compensated leave OPEB obligation Accrued closure / postclosure Net cash provided (used) by operating activities NONCASH INVESTING ACTIVITIES Change in fair value of investments (164,378) 30,000 (546,417) (383,376) (1,064,171) Solid Waste Solid Waste Landfill Capital Equipment Post -Closure Projects Reserve Total $ $ $ $ 8,026,149 (1,856,302) (5,521) (3,174,320) (5,521) 21995,528 99,947 2,202,102 4,300,000 425,000 (298,156) (342,319) (1,663,662) 17,033 13,397 4,300,000 425,000 1,903,946 939 45,355 (2,811,927) - (2,976,305) (79,800) 30,000 (341,380) (546,417) (383,376) (2,811,927) (3,876,098) 99,947 (97,329) (83,048) (1,240,913) (342,319) (1,663,662) 17,033 13,397 3,247 10,738 939 45,355 116,981 (83,932) (79,800) (1,230,175) (341,380) (1,618,307) (440,682) (410,446) (79,800) 257,898 78,099 (594,932) 795,188 857,553 206,950 277,885 63,161 21200,737 $ 354,506 $ 447,107 $ 127,150 $ 535,783 $ 141,260 $ 1,605,806 $ 933,694 $ (33,845) $ - $ - $ 2,020,958 (5,521) $ 894,328 - 2,020,958 (61,940) (61,940) (307,003) - (307,003) (25,222) 5,229 (19,994) 30,197 - 30,197 42,792 42,792 396,189 396,189 $ 3,029,665 $ (28,616) $ $ $ (5,521) $ 2,995,528 $ 743 $ 1,010 $ Totals may not add due to rounding 210 304 $ 1,543 $ 411 $ 4,010 Deschutes County, Oregon Fair & Expo Center Enterprise Operations Fund and Sub -Funds Combining Schedule of Cash Flows Year Ended June 30, 2015 Fairgrounds Fair & Expo Annual Fair & Expo G.O. Bonds Center County Fair Center Reserve Debt Service Total CASH FLOWS FROM OPERATING ACTIVITIES Receipts from customers $ 1,185,203 $ 1,119,269 Payments to employees (996,727) (135,224) Payments to suppliers (799,784) (856,397) Net cash provided (used) by operating activities (611,308) 127,648 CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES 7,497 Property taxes - - Grants 280 50,964 Subfunds transfers in / (out) 244,000 (244,000) Interfand transfers in / (out) 621,439 54,235 Net cash provided by noncapital financing activities 865,719 (138,802) CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Acquisition and construction of capital assets 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: Adjustments to reconcile operating income (loss) to net cash provided (used) by operating activities: Depreciation expense Change in assets and liabilities Receivables Prepaid expenses Defined benefit pension accounts (NPL,DOR & DIR) Accounts payable Unearned revenues Compensated leave OPEB obligation Net cash provided (used) by operating activities NONCASH INVESTING ACTIVITIES Change in fair value of investments Totals may not add due to rounding $ - $ - $ 2,304,472 - (1,131,951) - (1,656,181) - (483,660) 2,674,264 2,674,264 - 51,244 - 675,674 2,674,264 3,401,182 (52,473) - (16,526) - (68,998) (65,042) - - (2,305,000) (2,370,042) (47,172) - - (151,600) (198,772) (164,686) - (16,526) (2,456,600) (2,637,812) (69,055) (4,658) (53,203) (169,946) (296,863) 388 369 2,497 712 3,965 (68,668) (4,290) (50,707) (169,234) (292,898) 21,058 (15,443) (67,232) 48,431 (13,187) 15,45232,891 163,841 12,614 224,799 $ 36,510 $ 17,448 $ 96,609 $ 61,045 $ 211,611 $ (1,212,654) $ 163,444 $ - $ - $ (1,049,210) 698,107 - - - 698,107 12,039 - - - 12,039 (24,040) (11,461) - (35,501) (187,678) (27,796) - (215,474) 15,464 (1,387) - 14,077 27,872 7,497 - - 35,369 23,973 (2,649) - 21,324 35,608 - - - 35,608 $ (611,308) $ 127,648 $ - $ - $ (483,660) $ 86 $ 40 $ 228 $ 184 $ 537 211 Deschutes County, Oregon Solid Waste Operations (Sub -Fund of Solid Waste Enterprise) Schedule of Revenues, Expenses, and Changes in Net Position — Budget and Actual Year Ended June 30, 2015 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) Actual Final Variance Budgeted with Final Budget GAAP Amounts Budget Basis Adjustments GAAP Basis $ 7,404,184 $ 655,119 $ 8,059,303 $ - $ 8,059,303 45,000 (16,214) 28,786 - 28,786 7,449,184 638,905 8,088,089 - 8,088,089 1,936,555 80,253 1,856,302 (234,014) 1,622,288 3,435,926 323,243 3,112,683 2,277 3,114,960 - - - 396,189 396,189 - - - 2,020,958 2,020,958 227,000 60,345 166,655 (166,655) - 929,794 - 929,794 (929,794) - 6,529,275 463,841 6,065,434 1,088,961 7,154,395 919,909 1,102,745 2,022,654 (1,088,961) 933,694 NONOPERATING REVENUES (EXPENSES) Donations - - - - - Investment earnings 10,000 7,906 17,906 - 17,906 Interest expense - - - (384,969) (384,969) Sub -fund transfer of capital assets - - - 3,114,031 3,114,031 Gain (loss) on equipment disposition - 30,000 30,000 (65,714) (35,714) Total nonoperating revenues (expenses), net 10,000 37,906 47,906 2,663,348 2,711,255 Income (loss) before transfers OTHER FINANCING SOURCES (USES) Inter -fund Transfers out Intra -Fund Transfers out Sub -fund equity transfer Net other financing sources (uses) Change in net position Net position - Beginning of year (as previously reported) Prior period adjustment GASB #68 Net position - Beginning of year (as restated) Net position - End of year Totals may not add due to rounding 929,909 1,140,652 2,070,561 1,574,388 3,644,948 (298,156) - (298,156) - (298,156) (2,225,000) - (2,225,000) - (2,225,000) (2,506,940) (2,506,940) (2,523,156) - (2,523,156) (2,506,940) (5,030,096) (1,593,247) 1,140,652 (452,595) (932,552) (1,385,147) 1,428,003 2,151,215 3,579,218 8,611,390 12,190,608 - - - (448,767) (448,767) 1,428,003 2,151,215 3,579,218 8,162,622 11,741,840 $ (165,244) $ 3,291,867 $ 3,126,623 $ 7,230,070 $ 10,356,693 212 Deschutes County, Oregon Landfill Closure (Sub -Fund of Solid Waste Enterprise) Schedule of Revenues, Expenses, and Changes in Net Position — Budget and Actual Year Ended June 30, 2015 OPERATING EXPENSES Materials and services Capital outlay Contingency Total operating expenses Operating income (loss) NONOPERATING REVENUES (EXPENSES) Investment earnings Loan repayment Total nonoperating revenues (expenses), net Income (loss) before transfers OTHER FINANCING SOURCES (USES) Transfers out Equity transfer Net other financing sources (uses) Change in net position Net position - Beginning of year Net position - End of year Totals may not add due to rounding Final Budgeted Variance with Budget Amounts Final Budget Basis $ 68,700 $ 34,855 $ 33,845 50,000 50,000 - 561,696 561,696 - 680,396 646,551 33,845 Actual GAAP Adjustments GAAP Basis $ - $ 33,845 33,845 (680,396) (646,551) (33,845) - (33,845) 5,000 10,381 15,381 7,497 22,878 1,165,000 (1,165,000) - - - 1,170,000 (1,154,619) 15,381 7,497 22,878 489,604 (508,068) (18,464) 7,497 (10,967) (2,500,000) - (2,500,000) - (2,500,000) - - - 2,510,967 2,510,967 (2,500,000) - (2,500,000) 2,510,967 10,967 (2,010,396) (508,068) (2,518,464) 2,518,464 - 2,010,396 2,649,791 4,660,187 (4,660,187) - $ - $ 2,141,723 $ 2,141,723 $ (2,141,723) $ - 213 Deschutes County, Oregon Landfill Postclosure (Sub -Fund of Solid Waste Enterprise) Schedule of Revenues, Expenses, and Changes in Net Position — Budget and Actual Year Ended June 30, 2015 Actual Final Budgeted Variance with Budget GAAP Amounts Final Budget Basis Adjustments GAAP Basis OPERATING EXPENSES Materials and services $ 1,000 $ 1,000 $ - $ - $ - Operating income (loss) (1,000) 1,000 - - - NONOPERATING REVENUES (EXPENSES) Investment earnings 2,800 1,227 4,027 - 4,027 Total nonoperating revenues (expenses), net 2,800 1,227 4,027 - 4,027 Income (loss) before transfers 1,800 2,227 4,027 - 4,027 OTHER FINANCING SOURCES (USES) Sub -fund equity transfer - - - (4,027) (4,027) Change in net position 1,800 2,227 4,027 (4,027) - Net position - Beginning of year 518,186 304 518,490 (518,490) - Net position - End of year $ 519,986 $ 2,531 $ 522,517 $ (522,517) $ - Totals may not add due to rounding 214 Deschutes County, Oregon Solid Waste Capital Projects (Sub -Fund of Solid Waste Enterprise) Schedule of Revenues, Expenses, and Changes in Net Position — Budget and Actual Year Ended June 30, 2015 Income (loss) before transfers OTHER FINANCING SOURCES (USES) Intra -fund Transfers in Sub -fund transfer of capital assets Change in net position Net position - Beginning of year Net position - End of year Totals may not add due to rounding (4,110,585) 1,014,047 (3,096,537) (3,114,031) 17,494 3,600,000 700,000 (510,585) 1,714,047 4,300,000 - 4,300,000 - (3,114,031) (3,114,031) 1,203,463 - 1,203,463 675,829 (17,194) 658,635 - 658,635 $ 165,244 $ 1,696,853 $ 1,862,098 $ - $ 1,862,098 215 Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adiustments GAAP Basis OPERATING EXPENSES Materials and services $ 265,981 $ 28,853 $ 237,127 $ (237,127) $ - Capital outlay 3,500,000 623,096 2,876,904 (2,876,904) - Contingency 349,604 349,604 - - - Total operating expenses 4,115,585 1,001,553 3,114,031 (3,114,031) - Operating income (loss) (4,115,585) 1,001,553 (3,114,031) (3,114,031) - NONOPERATING REVENUES (EXPENSES) Investment earnings 5,000 12,494 17,494 - 17,494 Income (loss) before transfers OTHER FINANCING SOURCES (USES) Intra -fund Transfers in Sub -fund transfer of capital assets Change in net position Net position - Beginning of year Net position - End of year Totals may not add due to rounding (4,110,585) 1,014,047 (3,096,537) (3,114,031) 17,494 3,600,000 700,000 (510,585) 1,714,047 4,300,000 - 4,300,000 - (3,114,031) (3,114,031) 1,203,463 - 1,203,463 675,829 (17,194) 658,635 - 658,635 $ 165,244 $ 1,696,853 $ 1,862,098 $ - $ 1,862,098 215 Deschutes County, Oregon Solid Waste Equipment Reserve (Sub -Fund of Solid Waste Enterprise) Schedule of Revenues, Expenses, and Changes in Net Position — Budget and Actual Year Ended June 30, 2015 OTHER FINANCING SOURCES (USES) Transfers in (out) 425,000 - 425,000 - 425,000 Actual (4,521) 426,779 Final - 422,258 Net position - Beginning of year 157,816 428 158,244 Budgeted Variance with Budget GAAP - $ 580,501 Amounts Final Budget Basis Adjustments GAAP Basis OPERATING EXPENSES Materials and services $ 5,521 $ - $ 5,521 $ - $ 5,521 Capital outlay 425,000 425,000 - - - Total operating expenses 430,521 425,000 5,521 - 5,521 Operating income (loss) (430,521) (425,000) (5,521) - (5,521) NONOPERATING REVENUES (EXPENSES) Investment earnings 1,000 1,779 2,779 - 2,779 Income (loss) before transfers (429,521) (423,221) (2,742) - (2,742) OTHER FINANCING SOURCES (USES) Transfers in (out) 425,000 - 425,000 - 425,000 Change in net position (4,521) 426,779 422,258 - 422,258 Net position - Beginning of year 157,816 428 158,244 - 158,244 Net position - End of year $ 153,295 $ 427,206 $ 580,501 $ - $ 580,501 Totals may not add due to rounding 216 Deschutes County, Oregon Fair & Expo Center (Sub -Fund of Fair & Expo Enterprise) Schedule of Revenues, Expenses, and Changes in Net Position - Budget and Actual Year Ended June 30, 2015 NONOPERATING REVENUES (EXPENSES) Grants - 280 280 - 280 Investment earnings - 764 764 - 764 Interest expense - - - (46,550) (46,550) Total nonoperating revenues (expenses), net - 1,044 11044 (46,550) (45,507) Income (loss) before transfers (1,052,877) 246,592 (806,285) (451,876) (1,258,161) OTHER FINANCING SOURCES (USES) Transfers in 965,877 (100,438) 865,439 Actual 865,439 Equity transfer Final Variance - 16,526 16,526 Net other financing sources (uses) Budgeted with Final Budget GAAP 881,965 Change in net position Amounts Budget Basis Adjustments GAAP Basis OPERATING REVENUES Charges for services $ 1,001,669 $ 143,623 $ 1,145,292 $ - $ 1,145,292 OPERATING EXPENSES Personnel 1,021,941 25,214 996,727 (128,096) 868,631 Materials and services 797,236 6,029 791,207 - 791,207 Depreciation - - - 698,107 698,107 Capital outlay 57,600 5,127 52,473 (52,473) - Debt service 112,213 - 112,213 (112,213) - Contingency 65,556 65,556 - - - Total operating expenses 2,054,546 101,926 1,952,620 405,325 2,357,946 Operating income (loss) (1,052,877) 245,549 (807,329) (405,325) (1,212,654) NONOPERATING REVENUES (EXPENSES) Grants - 280 280 - 280 Investment earnings - 764 764 - 764 Interest expense - - - (46,550) (46,550) Total nonoperating revenues (expenses), net - 1,044 11044 (46,550) (45,507) Income (loss) before transfers (1,052,877) 246,592 (806,285) (451,876) (1,258,161) OTHER FINANCING SOURCES (USES) Transfers in 965,877 (100,438) 865,439 - 865,439 Equity transfer - - - 16,526 16,526 Net other financing sources (uses) 965,877 (100,438) 865,439 16,526 881,965 Change in net position (87,000) 146,154 59,154 (435,350) (376,196) Net position - beginning of year (as previously reported) 87,000 (87,339) (339) 20,033,213 20,032,875 Prior Period Adjustment GASB #68 - - - (274,342) (274,342) Net position - Beginning of year (as restated) 87,000 (87,339) (339) 19,758,871 19,758,533 Net position - End of year $ - $ 58,816 $ 58,816 $ 19,323,521 $ 19,382,337 Totals may not add due to rounding 217 Deschutes County, Oregon Annual County Fair (Sub -Fund of Fair & Expo Enterprise) Schedule of Revenues, Expenses, and Changes in Net Position - Budget and Actual Year Ended June 30, 2015 Actual Final Variance Budgeted with Final GAAP Amounts Budget Budget Basis Adjustments GAAP Basis OPERATING REVENUES Charges for services $ 1,063,786 $ 54,983 $ 1,118,769 $ (6,997) $ 1,111,772 OPERATING EXPENSES Personnel 135,575 351 135,224 (31,902) 103,322 Materials and services 866,472 22,428 844,044 962 845,006 Contingency 2,739 2,739 - - - Total operating expenses 1,004,786 25,518 979,268 (30,940) 948,328 Operating income (loss) 59,00080,501 139,501 23,943 163,444 NONOPERATING REVENUES (EXPENSES) Grants 50,000 964 50,964 - 50,964 Investment earnings 500 (51) 449 - 449 Total nonoperating revenues (expenses), net 50,500 913 51,413 - 51,413 Income (loss) before transfers 109,500 81,414 190,914 23,943 214,857 OTHER FINANCING SOURCES (USES) Transfers in 109,500 (55,265) 54,235 - 54,235 Transfers out (244,000) - (244,000) - (244,000) Net other financing sources (uses) (134,500) (55,265) (189,765) - (189,765) Change in net position (25,000) 26,149 1,149 23,943 25,092 Net position - beginning of year (as previously reported) 25,000 51,373 76,373 (94,404) (18,031) Prior Period Adjustment GASB #68 - - - (40,631) (40,631) Net position - Beginning of year (as restated) 25,000 51,373 76,373 (135,035) (58,662) Net position - End of year $ - $ 77,522 $ 77,522 $ (111,092) $ (33,570) Totals may not add due to rounding 218 Deschutes County, Oregon Fair & Expo Center Reserve (Sub -Fund of Fair & Expo Enterprise) Schedule of Revenues, Expenses, and Changes in Net Position — Budget and Actual Year Ended June 30, 2015 Change in net position Net position - beginning of year Net position - ending Totals may not add due to rounding (247,500) 234,025 (13,475) - (13,475) 407,500 2,986 410,486 - 410,486 $ 160,000 $ 237,010 $ 397,010 $ - $ 397,010 219 Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis OPERATING EXPENSES Capital outlay $ 200,000 $ 183,474 $ 16,526 $ (16,526) $ - Operating income (loss) (200,000) 183,474 (16,526) 16,526 - NONOPERATING REVENUES (EXPENSES) Investment earnings 2,500 551 3,051 - 3,051 Income (loss) before transfers (197,500) 184,025 (13,475) 16,526 3,051 OTHER FINANCING SOURCES (USES) Transfers out (50,000) 50,000 - - - Equity transfer - - - (16,526) (16,526) Net other financing sources (uses) (50,000) 50,000 - (16,526) (16,526) Change in net position Net position - beginning of year Net position - ending Totals may not add due to rounding (247,500) 234,025 (13,475) - (13,475) 407,500 2,986 410,486 - 410,486 $ 160,000 $ 237,010 $ 397,010 $ - $ 397,010 219 Deschutes County, Oregon Fairgrounds Debt Service Fund (Sub -Fund of Fair & Expo Enterprise) Schedule of Revenues, Expenses, and Changes in Net Position — Budget and Actual Year Ended June 30, 2015 Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis OPERATING REVENUES Property taxes $ 2,555,600 $ 111,771 $ 2,667,371 $ (43,863) $ 2,623,509 OPERATING EXPENSES Debt service 2,456,600 - 2,456,600 (2,456,600) - Operating income (loss) 99,000 111,771 210,771 2,412,737 2,623,509 NONOPERATING REVENUES (EXPENSES) Investment earnings 1,000 593 1,593 - 1,593 Interest expense - - - (113,514) (113,514) Total nonoperating revenues (expenses), net 1,000 593 1,593 (113,514) (111,921) Change in net position 100,000 112,365 212,365 2,299,223 2,511,588 Net position - beginning of year - 49,275 49,275 (7,391,507) (7,342,231) Net position - ending $ 100,000 $ 161,640 $ 261,640 $ (5,092,283) $ (4,830,643) Totals may not add due to rounding 220 Deschutes County, Oregon RV Park Schedule of Revenues, Expenses, and Changes in Net Position - Budget and Actual Year Ended June 30, 2015 OPERATING REVENUES Charges for services Other Total operating revenues OPERATING EXPENSES Materials and services Depreciation Debt service Total operating expenses Operating income (loss) NONOPERATING REVENUES (EXPENSES) Investment earnings Interest expense Total nonoperating revenues (expenses), net Income (loss) before transfers OTHER FINANCING SOURCES (USES) Appropriation transfer Transfers in Change in net position Net position - Beginning of year Net position - End of year Totals may not add due to rounding Final Variance 258,491 Budgeted with Final Budget Amounts Budget Basis $ 160,400 $ 184,512 $ 344,912 - 2,075 2075, 160,400 186,587 346,987 Actual GAAP Adjustments GAAP Basis $ - $ 344,912 2,075 - 346,987 276,809 18,318 258,491 1,809 260,300 - - - 128,820 128,820 241,687 - 241,687 (241,687) - 518,496 18,318 500,178 (111,058) 389,119 (358,096) 204,906 (153,190) 11,058 (42,132) 200 599 799 - 799 - - - (84,672) (84,672) 200 599 799 (84,672) (83,873) (357,896) 205,504 (152,392) 26,386 (126,006) 108,896 (108,896) - - - 225,000 (43,213) 181,787 - 181,787 (24,000) 53,395 29,395 26,386 55,781 24,000 12,791 36,791 617,553 654,344 $ - $ 66,186 $ 66,186 $ 643,939 $ 710,125 221 Combining and Individual Funds Statements and Schedules — Proprietary Funds — Internal Service Funds June 30, 2015 Deschutes County, Oregon This page left intentionally blank. Deschutes County, Oregon Internal Service Funds Combining Statements of Net Position June 30, 2015 ASSETS Current assets: Cash and cash equivalents Investments, at fair value; plus accrued interest Accounts receivable Prepaid expenses Total current assets Noncurrent assets: Net pension asset Capital assets: Capital assets net of accumulated depreciation: Land improvements Equipment Vehicles Total capital assets Total assets Building Administrative Board of Services Services Co Comm Finance Legal $ 112,007 $ 35,972 $ 5,930 $ 107,029 $ 27,653 348,279 111,853 18,440 332,803 85,986 97,937 - - - 1,262 7,000 - - - - 565,223 147,825 24,371 439,832 114,900 237,873 146,921 45,535 174,463 102,373 4,094 - - - 833 - - 19,675 3,634 - - - 8,561 - - 19,675 811,656 294,746 69,906 633,970 217,273 DEFERRED OUTFLOWS OF RESOURCES Contributions subsequent to measurement date 89,894 55,523 17,208 65,931 38,688 LIABILITIES Current liabilities: Accounts payable 68,603 20,823 1,505 3,289 2,942 Unearned revenue 255 - - - - Current portion of noncurrent liabilities 147,878 72,254 - 97,453 63,063 Total current liabilities 216,736 93,077 1,505 100,743 66,005 Noncurrent liabilities Compensated leave Net OPEB obligation Accrued claims payable Less current portion of noncurrent liab Total noncurrent liabilities Total liabilities 192,791 149,384 - 203,241 94,147 473,782 134,938 59,972 195,910 119,945 (147,878) (72,254) - (97,453) (63,063) 518,695 212,068 59,972 301,698 151,030 735,431 305,145 61,477 402,440 217,034 DEFERRED INFLOWS OF RESOURCES Changes in proportion 12,351 7,629 2,364 9,059 5,316 Net difference (projected & actual earnings) 458,998 283,498 87,865 336,643 197,539 Total deferred inflows of resources 471,349 291,127 90,229 345,702 202,855 NET POSITION Net investment in capital assets 8,561 - - 19,675 - Unrestricted (313,791) (246,003) (64,592) (67,916) (163,928) Total net position $ (305,230) $ (246,003) $ (64,592) $ (48,241) $ (163,928) Totals may not add due to rounding (continued) 222 Deschutes County, Oregon Internal Service Funds Combining Statements of Net Position June 30, 2015 Information Personnel Technology IT Reserve Insurance Health Benefits Total $ 78,365 $ 105,136 $ 179,336 $ 949,712 $ 3,582,637 $ 5,183,777 243,671 326,916 557,637 2,953,087 11,140,050 16,118,722 18,131 100 - - 21,071 138,500 - - - - - 7,000 340,167 432,152 736,973 31902,799 14,743,758 21,447,999 3,947 13,937 76,019 268,411 - 36,310 14,800 1,102,703 28,557 2,127,771 150,632 531,861 - 71,948 29,326 - - - 28,667 - 32,761 - - 227,918 - - 248,427 - - - - - 3,634 - - 227,918 281667 - 284,821 416,185 700,562 964,891 3,967,775 14,758,557 22,835,523 28,728 101,435 25,088 9,684 - 600 64,812 144,629 89,900 154,913 13,722 5,593 416,721 - 30,127 525,096 687,157 - - - 855 2,235,339 2,052,797 4,878,225 2,265,466 2,577,892 5,566,238 65,115 277,733 - 25,333 6,659 1,014,404 115,947 325,850 - 64,970 23,989 1,515,302 - - - 4,434,389 2,052,797 6,487,186 (64,812) (144,629) - (2,235,339) (2,052,797) (4,878,225) 116,250 458,954 - 2,289,353 30,648 4,138,666 206,150 613,867 - 4,554,819 2,608,540 9,704,904 3,947 13,937 - 1,885 768 57,257 146,685 517,924 - 70,063 28,557 2,127,771 150,632 531,861 - 71,948 29,326 2,185,028 - - 227,918 28,667 - 284,821 88,131 (343,731) 736,973 (673,937) 12,126,284 11,077,491 $ 88,131 $ (343,731) $ 964,891 $ (645,270) $ 12,126,284 $ 11,362,312 Totals may not add due to rounding 223 Deschutes County, Oregon Internal Service Funds Combining Statement of Revenues, Expenses, and Changes in Net Position Year Ended June 30, 2015 Building Administrative Board of Services Services Co Comm Finance Legal OPERATING REVENUES Charges for services $ 2,955,758 $ 1,006,593 $ 343,224 $ 1,352,041 $ 977,184 OPERATING EXPENSES Personnel 1,681,484 819,445 318,732 1,018,570 737,964 Materials and services 1,009,275 231,698 167,871 311,308 109,876 Depreciation 9,935 - - 8,955 - Total operating expenses 2,700,694 1,051,143 486,604 1,338,833 847,841 Operating income (loss) 255,064 (44,549) (143,380) 13,208 129,343 NONOPERATING REVENUES (EXPENSES) Investment earnings 4,274 1,851 338 3,773 1,139 Income (loss) before transfers 259,339 (42,698) (143,042) 16,981 130,482 OTHER FINANCING SOURCES (USES) Transfers in - 40,000 190,000 - - Transfers out (40,260) - - - Net other financing sources (uses) (40,260) 40,000 190,000 - - Change in net position 219,079 (2,698) 46,958 16,981 130,482 Net position - Beginning of year (as previously reported) (69,786) 37,428 (24,542) 268,139 (98,797) Prior period adjustment GASB #68 (454,522) (280,734) (87,008) (333,361) (195,613) Net position - Beginning of year (as restated) (524,308) (243,305) (111,550) (65,222) (294,410) Net position - End of year $ (305,230) $ (246,003) $ (64,592) $ (48,241) $ (163,928) Totals may not add due to rounding (continued) 224 Deschutes County, Oregon Internal Service Funds Combining Statement of Revenues, Expenses, and Changes in Net Position Year Ended June 30, 2015 66,000 66,000 - - - 296,000 (7,320) - (47,580) (7,320) - 248,420 87,699 83,944 124,802 (831,737) 1,117,479 992,989 145,687 85,198 840,090 255,846 11,037,084 12,476,348 (145,255) (512,874) - (69,380) (28,279) (2,107,024) 432 (427,675) 840,090 186,467 11,008,805 10,369,323 $ 88,131 $ (343,731) $ 964,891 $ (645,270) $ 12,126,284 $ 11,362,312 Totals may not add due to rounding 225 Information Health Personnel Technology IT Reserve Insurance Benefits Total $ 865,443 $ 2,108,815 $ 234,000 $ 2,918,088 $ 20,232,456 $ 32,993,602 513,373 1,642,595 - 270,942 97,287 7,100,394 266,992 452,725 30,250 3,496,953 19,118,796 25,195,744 - - 84,544 1,333 - 104,767 780,366 2,095,320 114,794 3,769,228 19,216,083 32,400,905 85,077 13,495 119,206 (851,140) 1,016,372 592,697 2,621 4,450 5,596 26,723 101,107 151,872 87,699 171944 124,802 (824,417) 1,117,479 744,569 66,000 66,000 - - - 296,000 (7,320) - (47,580) (7,320) - 248,420 87,699 83,944 124,802 (831,737) 1,117,479 992,989 145,687 85,198 840,090 255,846 11,037,084 12,476,348 (145,255) (512,874) - (69,380) (28,279) (2,107,024) 432 (427,675) 840,090 186,467 11,008,805 10,369,323 $ 88,131 $ (343,731) $ 964,891 $ (645,270) $ 12,126,284 $ 11,362,312 Totals may not add due to rounding 225 Deschutes County, Oregon Internal Service Funds Combining Statement of Cash Flows Year Ended June 30, 2015 Building Administrative Board of Services Services Co Comm Finance CASH FLOWS FROM OPERATING ACTIVITIES Receipts from customers $ 3,026,910 $ 1,006,593 $ 343,224 $ 1,352,041 Payments to employees (1,949,812) (972,657) (373,569) (1,144,206) Payments to suppliers (1,007,777) (216,590) (173,310) (312,205) Net cash provided (used) by operating activities 69,321 (182,654) (203,655) (104,370) CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES 5,930 $ 107,029 $ 69,321 $ Transfers in - 40,000 - - Transfers out (40,260) - 190,000 12 $ Net cash provided (used) by noncapital financing activities (40,260) 40,000 190,000 - CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Capital assets 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 (loss) to net cash provided (used) by operating activities: Depreciation expense Change in operating accruals Receivables Defined benefit pension accounts (NPL,DOR & DIR) Accounts payable Claims payable Unearned revenues Compensated leave OPEB obligation Net cash provided (used) by operating activities NONCASH INVESTING ACTIVITIES Change in fair value of investments Totals may not add due to rounding (90,986) 61,461 4,210 (7,667) 3,518 1,962 333 3,359 (87,468) 63,423 4,543 (4,308) (58,406) (79,231) (9,112) (108,678) 170,413 115,203 15,043 215,707 $ 112,007 $ 35,972 $ 5,930 $ 107,029 $ 255,064 $ (44,549) $ (143,380) $ 13,208 9,935 - - 8,955 73,078 - - - (310,940) (192,051) (59,523) (228,053) 1,498 15,108 (5,438) (897) (1,926) - - - 7,442 21,846 - 40,854 35,171 16,992 4,685 61,562 $ 69,321 $ (182,654) $ (203,655) $ (104,370) $ 273 $ 61 $ 12 $ 237 (continued) 226 Deschutes County, Oregon Internal Service Funds Combining Statement of Cash Flows Year Ended June 30, 2015 Information Health Legal Personnel Technology IT Reserve Insurance Benefits Total $ 975,922 $ 847,312 $ 2,107,315 $ 234,000 $ 2,939,817 $ 20,348,631 $ 33,181,766 (846,625) (610,066) (1,956,222) - (309,175) (121,638) (8,283,971) (108,243) (258,872) (446,905) (109,756) (1,918,439) (18,298,873) (22,850,969) 21,055 (21,626) (295,812) 124,244 712,203 1,928,120 2,046,826 66,000 - - - 106,000 - - (7,320) - 142,420 (7,320) 248,420 - (99,713) - - (99,713) - (99,713) - - (99,713) (30,821) (38,323) 68,209 (131,765) (1,040,185) (3,486,626) (4,692,492) 919 2,191 4,338 4,439 19,263 74,670 114,993 (29,901) (36,132) 72,548 (127,326) (1,020,922) (3,411,955) (4,577,499) (8,847) (57,758) (157,264) (102,795) (316,039) (1,483,835) (2,381,966) 36,499 136,123 262,400 282,131 1,265,751 5,066,472 7,565,743 $ 27,653 $ 78,365 $ 105,136 $ 179,336 $ 949,712 $ 3,582,637 $ 5,183,777 $ 129,343 $ 85,077 $ 13,495 $ 119,206 $ (851,140) $ 1,016,372 $ 592,697 - - - 84,544 1,333 - 104,767 (1,262) (18,131) (100) - 21,728 116,176 191,490 (133,819) (99,369) (350,858) - (47,463) (19,346) (1,441,421) 1,633 8,120 5,820 (79,506) (51,558) 157,716 52,497 - - - - 1,630,072 662,207 2,292,279 - - (1,400) - - - (3,326) 15,788 (5,460) 19,146 - 4,154 6,020 109,791 9,371 8,137 18,085 - 5,076 (11,026) 148,052 $ 21,055 $ (21,626) $ (295,812) $ 124,244 $ 712,203 $ 1,928,120 $ 2,046,826 $ 70 $ 183 $ 211 $ 433 $ 2,392 $ 8,894 $ 12,765 Totals may not add due to rounding 227 Deschutes County, Oregon Building Services Schedule of Revenues, Expenses, and Changes in Net Position — Budget and Actual Year Ended June 30, 2015 OPERATING REVENUES Charges for services 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 $ 2,901,606 $ 54,152 $ 2,955,758 $ - $ 2,955,758 NONOPERATING REVENUES (EXPENSES) 1,966,963 17,151 1,949,812 (268,327) 1,681,484 1,078,412 69,137 1,009,275 - 1,009,275 - - - 9,935 9,935 100 100 - - - 238,871 238,871 - - - 3,284,346 325,259 2,959,086 (258,392) 2,700,694 (382,740) 379,411 (3,328) 258,392 255,064 Investment earnings 3,000 1,274 4,274 - 4,274 Income (loss) before transfers (379,740) 380,685 946 258,392 259,339 OTHER FINANCING SOURCES (USES) Transfers out (40,260) - (40,260) - (40,260) Change in net position (420,000) 380,685 (39,314) 258,392 219,079 Net position - beginning of year (as previously reported) 420,000 115,679 535,679 (605,465) (69,786) Prior Period Adjustment GASB #68 - - - (454,522) (454,522) Net position - Beginning of year (as restated) 420,000 115,679 535,679 (1,059,987) (524,308) Net position - End of year $ - $ 496,364 $ 496,365 $ (801,594) $ (305,230) Totals may not add due to rounding 228 Deschutes County, Oregon Administrative Services Schedule of Revenues, Expenses, and Changes in Net Position - Budget and Actual Year Ended June 30, 2015 Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis OPERATING REVENUES Charges for services $ 1,007,417 $ (824) $ 1,006,593 $ - $ 1,006,593 OPERATING EXPENSES Personnel 984,387 11,730 972,657 (153,212) 819,445 Materials and services 233,835 2,137 231,698 - 231,698 Capital outlay 100 100 - - - Contingency 70,595 70,595 - - - Total operating expenses 1,288,917 84,562 1,204,355 (153,212) 1,051,143 Operating income (loss) (281,500) 83,738 (197,762) 153,212 (44,549) NONOPERATING REVENUES (EXPENSES) Investment earnings 1,500 351 1,851 - 1,851 Income (loss) before transfers (280,000) 84,090 (195,910) 153,212 (42,698) OTHER FINANCING SOURCES (USES) Transfers in 40,000 - 40,000 - 40,000 Change in net position (240,000) 84,090 (155,910) 153,212 (2,698) Net position - beginning of year (as previously reported) 240,000 42,912 282,912 (245,484) 37,428 Prior Period Adjustment GASB #68 - - - (280,734) (280,734) Net position - Beginning of year (as restated) 240,000 42,912 282,912 (526,218) (243,305) Net position - End of year $ - $ 127,002 $ 127,002 $ (373,005) $ (246,003) Totals may not add due to rounding 229 Deschutes County, Oregon Board of County Commissioners Schedule of Revenues, Expenses, and Changes in Net Position - Budget and Actual Year Ended June 30, 2015 NONOPERATING REVENUES (EXPENSES) Investment earnings 500 (162) 338 Actual 338 Income (loss) Final 38,121 (197,879) 54,837 (143,042) OTHER FINANCING SOURCES (USES) Budgeted Variance with GAAP Transfers In Amounts Final Budget Budget Basis Adjustments GAAP Basis OPERATING REVENUES (46,000) 38,121 (7,879) 54,837 46,958 Charges for services $ 343,222 $ 2 $ 343,224 $ - $ 343,224 OPERATING EXPENSES 46,000 (15,255) 30,745 (55,287) (24,542) Personnel 373,965 396 373,569 (54,837) 318,732 Materials and services 171,230 3,359 167,871 - 167,871 Capital outlay 100 100 - - - Contingency 34,427 34,427 - - - Total operating expenses 579,722 38,281 541,441 (54,837) 486,604 Operating income (loss) (236,500) 38,283 (198,217) 54,837 (143,380) NONOPERATING REVENUES (EXPENSES) Investment earnings 500 (162) 338 - 338 Income (loss) (236,000) 38,121 (197,879) 54,837 (143,042) OTHER FINANCING SOURCES (USES) Transfers In 190,000 - 190,000 - 190,000 Change in net position (46,000) 38,121 (7,879) 54,837 46,958 Net position - beginning of year (as previously reported) 46,000 (15,255) 30,745 (55,287) (24,542) Prior Period Adjustment GASB #68 - - - (87,008) (87,008) Net position - Beginning of year (as restated) 46,000 (15,255) 30,745 (142,295) (111,550) Net position - End of year $ - $ 22,866 $ 22,866 $ (87,458) $ (64,592) Totals may not add due to rounding 230 Deschutes County, Oregon Finance Schedule of Revenues, Expenses, and Changes in Net Position — Budget and Actual Year Ended June 30, 2015 NONOPERATING REVENUES (EXPENSES) Investment earnings 2,900 873 3,773 Actual 3,773 Change in net position Final 385,160 (99,700) 116,682 16,981 Net position - beginning of year Budgeted Variance with GAAP (as previously reported) Amounts Final Budget Budget Basis Adjustments GAAP Basis OPERATING REVENUES Charges for services $ 1,352,099 $ (58) $ 1,352,041 $ - $ 1,352,041 OPERATING EXPENSES 484,860 71,847 556,707 (621,929) (65,222) Personnel 1,176,969 32,763 1,144,206 (125,636) 1,018,570 Materials and services 330,930 19,622 311,308 - 311,308 Depreciation - - - 8,955 8,955 Capital outlay 174,028 174,028 - - - Contingency 157,932 157,932 - - - Total operating expenses 1,839,859 384,345 1,455,514 (116,682) 1,338,833 Operating income (loss) (487,760) 384,287 (103,473) 116,682 13,208 NONOPERATING REVENUES (EXPENSES) Investment earnings 2,900 873 3,773 - 3,773 Change in net position (484,860) 385,160 (99,700) 116,682 16,981 Net position - beginning of year (as previously reported) 484,860 71,847 556,707 (288,569) 268,139 Prior Period Adjustment GASB #68 - - - (333,361) (333,361) Net position - Beginning of year (as restated) 484,860 71,847 556,707 (621,929) (65,222) Net position - End of year $ - $ 457,007 $ 457,007 $ (505,248) $ (48,241) Totals may not add due to rounding 231 Deschutes County, Oregon Legal Schedule of Revenues, Expenses, and Changes in Net Position - Budget and Actual Year Ended June 30, 2015 NONOPERATING REVENUES (EXPENSES) Investment earnings Change in net position Net position - beginning of year (as previously reported) Prior Period Adjustment GASB #68 Net position - Beginning of year (as restated) Net position - End of year Totals may not add due to rounding 800 339 1,139 1,139 (50,000) 71,822 21,822108,660 130,482 50,000 37,645 87,645 (186,442) (98,797) - - - (195,613) (195,613) 50,000 37,645 87,645 (382,055) (294,410) $ - $ 109,467 $ 109,467 $ (273,395) $ (163,928) 232 Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis OPERATING REVENUES Charges for services $ 977,009 $ 175 $ 977,184 $ - $ 977,184 OPERATING EXPENSES Personnel 848,477 1,852 846,625 (108,660) 737,964 Materials and services 115,333 5,457 109,876 - 109,876 Capital outlay 100 100 - - - Contingency 63,899 63,899 - - - Total operating expenses 1,027,809 71,308 956,501 (108,660) 847,841 Operating income (loss) (50,800) 71,483 20,683 108,660 129,343 NONOPERATING REVENUES (EXPENSES) Investment earnings Change in net position Net position - beginning of year (as previously reported) Prior Period Adjustment GASB #68 Net position - Beginning of year (as restated) Net position - End of year Totals may not add due to rounding 800 339 1,139 1,139 (50,000) 71,822 21,822108,660 130,482 50,000 37,645 87,645 (186,442) (98,797) - - - (195,613) (195,613) 50,000 37,645 87,645 (382,055) (294,410) $ - $ 109,467 $ 109,467 $ (273,395) $ (163,928) 232 Deschutes County, Oregon Personnel Schedule of Revenues, Expenses, and Changes in Net Position - Budget and Actual Year Ended June 30, 2015 OTHER FINANCING SOURCES (USES) Transfers in Change in net position Net position - beginning of year (as previously reported) Prior Period Adjustment GASB #68 Net position - Beginning of year (as restated) Net position - End of year Totals may not add due to rounding 100,000 (100,000) - - - (290,000) 281,006 (8,994) 96,693 87,699 290,000 16,096 306,096 (160,409) 145,687 (145,255) (145,255) 290,000 16,096 306,096 (305,664) 432 $ - $ 297,102 $ 297,102 $ (208,971) $ 88,131 233 Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis OPERATING REVENUES Charges for services $ 855,101 $ 10,342 $ 865,443 $ - $ 865,443 OPERATING EXPENSES Personnel 677,320 67,254 610,066 (96,693) 513,373 Materials and services 473,606 206,614 266,992 - 266,992 Capital outlay 100 100 - - - Contingency 96,87596,875 - - - Total operating expenses 1,247,901 370,842 877,059 (96,693) 780,366 Operating income (loss) (392,800) 381,185 (11,615) 96,693 85,077 NONOPERATING REVENUES (EXPENSES) Investment earnings 2,800 (179) 2,621 - 2,621 Income (loss) before transfers (390,000) 381,006 (8,994) 96,693 87,699 OTHER FINANCING SOURCES (USES) Transfers in Change in net position Net position - beginning of year (as previously reported) Prior Period Adjustment GASB #68 Net position - Beginning of year (as restated) Net position - End of year Totals may not add due to rounding 100,000 (100,000) - - - (290,000) 281,006 (8,994) 96,693 87,699 290,000 16,096 306,096 (160,409) 145,687 (145,255) (145,255) 290,000 16,096 306,096 (305,664) 432 $ - $ 297,102 $ 297,102 $ (208,971) $ 88,131 233 Deschutes County, Oregon Information Technology Schedule of Revenues, Expenses, and Changes in Net Position - Budget and Actual Year Ended June 30, 2015 OPERATING REVENUES Charges for services 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 I Adjustments GAAP Basis $ 2,070,530 $ 38,285 $ 2,108,815 $ - $ 2,108,815 2,060,910 104,688 1,956,222 (313,627) 1,642,595 500,540 47,815 452,725 - 452,725 100 100 - - - 223,418 223,418 - - - 2,784,968 376,021 2,408,947 (313,627) 2,095,320 (714,438) 414,306 (300,132) 313,627 13,495 Investment earnings 3,000 1,450 4,450 - 4,450 Income (loss) before transfers (711,438) 415,756 (295,682) 313,627 17,944 OTHER FINANCING SOURCES (USES) Transfers in 66,000 - 66,000 - 66,000 Change in net position Net position - beginning of year (as previously reported) Prior Period Adjustment GASB #68 Net position - Beginning of year (as restated) Net position - End of year (645,438) 415,756 (229,682) 313,627 83,944 645,438 6,112 651,550 (566,352) 85,198 - - - (512,874) (512,874) 645,438 6,112 651,550 (1,079,225) (427,675) $ - $ 421,868 $ 421,868 $ (765,598) $ (343,731) Totals may not add due to rounding 234 Deschutes County, Oregon IT Reserve Schedule of Revenues, Expenses, and Changes in Net Position - Budget and Actual Year Ended June 30, 2015 NONOPERATING REVENUES (EXPENSES) Investment earnings 1,500 41096 5,596 Actual Change in net position (23,000) Final 109,633 15,169 124,802 Net position - Beginning of year 604,128 23,212 Budgeted Variance with Net position - End of year GAAP 155,845 $ 736,973 $ Amounts Final Budget Budget Basis Adjustments GAAP Basis OPERATING REVENUES Charges for services $ 234,000 $ - $ 234,000 $ - $ 234,000 OPERATING EXPENSES Materials and services 118,500 88,250 30,250 - 30,250 Depreciation - - - 84,544 84,544 Capital outlay 140,000 40,287 99,713 (99,713) - Total operating expenses 258,500 128,537 129,963 (15,169) 114,794 Operating income (loss) (24,500) 128,537 104,037 15,169 119,206 NONOPERATING REVENUES (EXPENSES) Investment earnings 1,500 41096 5,596 - 5,596 Change in net position (23,000) 132,633 109,633 15,169 124,802 Net position - Beginning of year 604,128 23,212 627,340 212,749 840,090 Net position - End of year $ 581,128 $ 155,845 $ 736,973 $ 227,918 $ 964,891 Totals may not add due to rounding 235 Deschutes County, Oregon Insurance Schedule of Revenues, Expenses, and Changes in Net Position — Budget and Actual Year Ended June 30, 2015 OPERATING REVENUES Charges for services 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 Adiustments GAAP Basis $ 2,873,861 $ 44,227 $ 2,918,088 $ - $ 2,918,088 330,406 21,231 309,175 (38,233) 270,942 2,536,720 669,839 1,866,881 1,630,072 3,496,953 - - - 1,333 1,333 100 100 - - - 3,089,322 3,089,322 - - - 5,956,548 3,780,492 2,176,056 11593,172 31769,228 (3,082,687) 3,824,719 742,032 (1,593,172) (851,140) Investment earnings 15,050 11,673 26,723 - 26,723 Income (loss) before transfers (3,067,637) 3,836,392 768,755 (1,593,172) (824,417) OTHER FINANCING SOURCES (USES) Transfers out (7,320) - (7,320) - (7,320) Change in net position (3,074,957) 3,836,392 761,435 (1,593,172) (831,737) Net position - beginning of year (as previously reported) 3,074,957 36,280 3,111,237 (2,855,390) 255,846 Prior Period Adjustment GASB #68 - - - (69,380) (69,380) Net position - Beginning of year (as restated) 3,074,957 36,280 3,111,237 (2,924,770) 186,467 Net position - End of year $ - $ 3,872,672 $ 3,872,672 $ (4,517,942) $ (645,270) Totals may not add due to rounding 236 Deschutes County, Oregon Health Benefits Schedule of Revenues, Expenses, and Changes in Net Position — Budget and Actual Year Ended June 30, 2015 Actual Final Budgeted Variance with GAAP Amounts Final Budget Budget Basis Adjustments GAAP Basis OPERATING REVENUES Charges for services $ 19,437,000 $ 795,456 $ 20,232,456 $ - $ 20,232,456 OPERATING EXPENSES Personnel 144,917 23,279 121,638 (24,351) 97,287 Materials and services 19,406,410 949,821 18,456,589 662,207 19,118,796 Contingency 11,543,383 111543,383 - - - Total operating expenses 31,094,710 12,516,483 18,578,227 637,856 19,216,083 Operating income (loss) (11,657,710) 13,311,938 1,654,228 (637,856) 1,016,372 NONOPERATING REVENUES (EXPENSES) Investment earnings 72,000 29,107 101,107 - 101,107 Change in net position (11,585,710) 13,341,045 11755,335 (637,856) 111171479 Net position - beginning of year (as previously reported) 11,585,710 877,617 12,463,327 (1,426,243) 11,037,084 Prior Period Adjustment GASB #68 - - - (28,279) (28,279) Net position - Beginning of year (as restated) 11,585,710 877,617 12,463,327 (1,454,522) 11,008,805 Net position - End of year $ - $ 14,218,662 $ 14,218,662 $ (2,092,378) $ 12,126,284 Totals may not add due to rounding 237 Other Financial Schedules June 30, 2015 Deschutes County, Oregon Tax Year FY 2006 & Prior FY 2007 FY 2008 FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 Deschutes County, Oregon Schedule of Property Taxes Transactions - All County Taxes Fiscal Year Ended June 30, 2015 Beginning Balance and FY 2015 Levy $ 44,819 10,039 17,541 75,364 142,438 468,458 1,363,045 2,370,135 5,426,239 298,302,143 Adjustments (151) (605) (1,925) (7,125) (4,357) (8,609) (7,952) (87,771) (1,068,514) TOTALS $ 308,220,222 $ (1,187,009) Other Distributions: Interest earned on unsegregated taxes Other tax distribution TOTAL CASH COLLECTIONS Summary: Deschutes County General Fund Special Revenue Funds Debt Service Funds Proprietary Funds Other taxing jurisdictions 239 Interest (Discount) $ 2,678 267 921 11,250 32,638 137,814 313,864 282,092 280,471 (7,395,722) $ (6,333,725) Turnovers from County Treasurer $ 4,781 570 2,119 28,321 92,734 494,223 1,303,217 1,684,609 3,812,419 285,073,017 292,496,011 35,351 278,038 $ 292,809,401 Taxes Receivable June 30, 2015 $ 42,715 9,584 15,738 56,369 75,217 107,692 365,084 959,666 1,806,521 4,764,890 $ 8,203,476 $ 709,675 945,609 14,810 93,452 6,439,930 $ 8,203,476 Deschutes County, Oregon Schedule of Long -Term Debt Transactions Fiscal Year Ended June 30, 2015 Notes Payable Oregon Economic Development 01/01/2003 01/01/2027 550,000 Final Amount of Outstanding Bonds Outstanding 149,339 - Date of Maturity Original July 1, Called and June 30, 77,627,802 $ Issue Date Issue 2014 Matured 2015 Series BONDSPAYABLE General Obligation Bonds Series 1996 10/01/1996 06/01/2016 $ 1,145,000 $ 175,000 $ 85,000 $ 90,000 Refunding Series 2012 12/19/2012 12/01/2016 12,640,000 7,435,000 2,305,000 5,130,000 Total General Obligation Bonds 13,785,000 7,610,000 2,390,000 5,220,000 Pension Bonds Series 2002 03/28/2002 06/01/2028 5,429,586 4,204,172 83,223 4,120,949 Series 2004 05/27/2004 06/01/2028 7,090,000 6,595,000 180,000 6,415,000 Total Pension Bonds 12,519,586 10,799,172 263,223 10,535,949 Full Faith and Credit Bonds Refunding Series 2004 09/15/2004 12/01/2015 1,790,000 340,000 165,000 175,000 Series 2005 02/01/2005 12/01/2024 6,300,000 4,025,000 300,000 3,725,000 Refunding Series 2005 08/11/2005 06/01/2018 5,915,000 2,080,000 495,000 1,585,000 Series 2007 04/10/2007 06/01/2027 9,615,000 7,105,000 425,000 6,680,000 Series 2008 12/30/2008 06/01/2028 9,635,000 7,905,000 425,000 7,480,000 Series 2009 04/09/2009 06/01/2028 3,215,000 2,580,000 145,000 2,435,000 Series 2010 05/27/2010 12/01/2029 1,320,000 1,160,000 55,000 1,105,000 Refunding Series 2012 03/29/2012 12/01/2032 26,345,000 25,085,000 1,050,000 24,035,000 Series 2013 08/08/2013 06/01/2038 8,405,000 8,185,000 220,000 7,965,000 Total Full Faith and Credit Bonds 72,540,000 58,465,000 3,280,000 55,185,000 Full Faith and Credit LID Bonds Series 2007 03/20/2007 06/01/2017 1,077,000 121,849 121,849 - Series 2009 01/15/2009 01/01/2018 502,250 120,421 120,421 - Total Full Faith and Credit LID Bonds 1,579,250 242,270 242,269 - Total all Bonds 100,423,836 77,116,442 6,175,492 70,940,949 Notes Payable Oregon Economic Development 01/01/2003 01/01/2027 550,000 362,021 18,535 343,486 Antler Butte Properties 05/15/2014 05/15/2017 150,000 149,339 149,339 - Total Notes Payable 700,000 511,360 167,874 343,486 Total Long -Term Debt $ 101,123,836 $ 77,627,802 $ 6,343,367 $ 71,284,435 240 Deschutes County, Oregon $ 15,105 $ Schedule of Long -Term Debt Interest Transactions 5,130 Fiscal Year Ended June 30, 2015 293,725 Unmatured Unmatured Interest and and Rates on Outstanding Coupons Outstanding Outstanding July 1, Called and June 30, Balances 2014 Matured 2015 Series BONDSPAYABLE General Obligation Bonds Series 1996 Refunding Series 2012 Total General Obligation Bonds Pension Bonds Series 2002 Series 2004 Total Pension Bonds Full Faith and Credit Bonds Refunding Series 2004 Series 2005 Refunding Series 2005 Series 2007 Series 2008 Series 2009 Series 2010 Refunding Series 2012 Series 2013 Total Full Faith and Credit Bonds Full Faith and Credit LID Bonds Series 2007 Series 2009 Total Full Faith and Credit LID Bonds Total all Bonds Notes Payable Oregon Economic Development Antler Butte Properties Total Notes Payable Total Long -Term Debt 5.70% $ 15,105 $ 9,975 $ 5,130 2%-3% 293,725 151,600 142,125 308,830 161,575 147,255 6.85% 3,785,825 379,884 3,405,941 5.35% - 6.095% 3,622,341 397,722 3,224,619 7,408,166 777,606 6,630,560 3.3%-3.4% 11,648 8,673 2,975 3.4%-4.2% 948,083 150,394 797,689 3.5%-4% 201,890 77,870 1245020 4-4.25% 2,201,900 289,025 1,912,875 4-4.625% 2,822,020 337,149 2,484,871 3.375 - 4.45% 885,681 104,828 780,854 2-4% 374,757 38,171 336,586 2-4% 7,692,383 727,514 6,964,869 3.25-4.5% 4,896,513 324,531 4,571,982 20,034,875 2,058,154 17,976,721 4.75% 310 310 - 5.35% 296 296 - 606 606 - 27,752,477 2,997,941 24,754,535 5.00% 137,506 17,832 119,673 3.00% 12,054 12,054 - 149,560 29,886 119,673 241 $ 27,902,036 $ 3,027,828 $ 24,874,209 Deschutes County, Oregon Schedule of Future Debt Service Requirements General Obligation Bonds June 30, 2015 Total Requirements Governmental Activites Business Activities Series 1996 Ref Series 2012 Year of Maturity Principal Interest Total Principal Interest Principal Interest 2016 $ 2,625,000 $ 108,330 $ 2,733,330 $ 90,000 $ 5,130 $ 2,535,000 $ 103,200 2017 2,595,000 38,925 2,633,925 - - 2,595,000 38,925 $ 5,220,000 $ 147,255 $ 5,367,255 $ 90,000 $ 5,130 $ 5,130,000 $ 142,125 242 Year of Maturity Principal Deschutes County, Oregon Schedule of Future Debt Service Requirements Pension Obligation Bonds June 30, 2015 Total Requirements Interest Total Series 2002 Series 2004 Principal Interest Principal Interest 2016 $ 300,634 $ 789,989 $ 1,090,623 $ 85,634 $ 402,474 $ 215,000 $ 387,515 2017 335,902 797,313 1,133,215 85,902 422,206 250,000 375,107 2018 377,660 805,878 1,183,537 87,660 445,448 290,000 360,430 2019 423,139 813,170 1,236,309 88,139 469,969 335,000 343,201 2020 503,615 792,544 1,296,158 118,615 469,493 385,000 323,051 2021 805,000 550,261 1,355,261 365,000 250,368 440,000 299,893 2022 920,000 498,792 1,418,792 420,000 225,365 500,000 273,427 2023 1,040,000 439,947 1,479,947 480,000 196,595 560,000 243,352 2024 1,170,000 373,383 1,543,383 540,000 163,715 630,000 209,668 2025 700,000 297,995 997,995 - 126,725 700,000 171,270 2026 1,465,000 255,330 1,720,330 685,000 126,725 780,000 128,605 2027 1,640,000 160,866 1,800,866 770,000 79,803 870,000 81,064 2028 855,000 55,095 910,095 395,000 27,058 460,000 28,037 $ 10,535,949 $ 6,630,560 $ 17,166,509 $ 4,120,949 $ 3,405,941 $ 6,415,000 $ 3,224,619 243 Deschutes County, Oregon Schedule of Future Debt Service Requirements Full Faith and Credit Bonds — Governmental Activities June 30, 2015 Total Requirements Year of Maturity Principal Interest Total Ref Series 2004 Principal Interest 2016 $ 3,405,000 $ 1,945,988 $ 5,350,988 $ 175,000 $ 2,975 2017 3,350,000 1,830,730 5,180,730 - - 2018 3,460,000 1,719,531 5,179,531 - - 2019 3,015,000 1,596,685 4,611,685 - - 2020 3,120,000 1,490,019 4,610,019 - - 2021 3,225,000 1,384,928 4,609,928 - - 2022 3,340,000 1,274,331 4,614,331 - - 2023 3,470,000 1,151,579 4,621,579 - - 2024 3,470,000 1,022,135 4,492,135 - - 2025 3,600,000 894,153 4,494,153 - - 2026 3,275,000 766,364 4,041,364 - - 2027 3,390,000 642,996 4,032,996 - - 2028 2,805,000 513,771 3,318,771 - - 2029 1,895,000 409,401 2,304,401 - - 2030 1,965,000 347,201 2,312,201 - - 2031 1,935,000 283,929 2,218,929 - - 2032 2,005,000 219,381 2,224,381 - - 2033 2,070,000 151,275 2,221,275 - - 2034 435,000 107,550 542,550 - - 2035 455,000 87,975 542,975 - - 2036 480,000 67,500 547,500 - - 2037 500,000 45,900 545,900 - - 2038 520,000 23,400 543,400 - - $ 55,185,000 $ 17,976,721 $ 73,161,721 $ 175,000 $ 2,975 (continued) 244 Deschutes County, Oregon Schedule of Future Debt Service Requirements Full Faith and Credit Bonds — Governmental Activities June 30, 2015 Series 2005 Year of Maturity Principal Interest 2016 $ 310,000 2017 325,000 2018 335,000 2019 350,000 2020 360,000 2021 375,000 2022 390,000 2023 410,000 2024 425,000 2025 445,000 2026 - 2027 - 2028 - 2029 - 2030 - 2031 - 2032 - 2033 - 2034 - 2035 - 2036 - 2037 - 2038 - 139,869 128,594 116,672 104,038 90,500 76,025 60,725 44,520 27,403 9,345 Ref Series 2005 Principal Interest $ 510,000 $ 60,545 530,000 41,675 545,000 21,800 $ 3,725,000 $ 797,689 $ 1,585,000 $ 124,020 (continued) 245 Deschutes County, Oregon Schedule of Future Debt Service Requirements Full Faith and Credit Bonds - Governmental Activities June 30, 2015 (continued) 246 Series 2007 Series 2008 Year of Maturity Principal Interest Principal Interest 2016 $ 445,000 $ 272,025 $ 450,000 $ 320,149 2017 460,000 254,225 465,000 302,149 2018 480,000 235,825 485,000 283,549 2019 500,000 216,625 500,000 264,149 2020 520,000 196,625 525,000 244,149 2021 540,000 175,825 545,000 223,149 2022 560,000 154,225 565,000 200,531 2023 585,000 131,825 590,000 176,519 2024 610,000 107,694 615,000 151,149 2025 635,000 82,531 640,000 124,243 2026 660,000 56,338 670,000 95,763 2027 685,000 29,113 700,000 65,613 2028 - - 730,000 33,763 2029 - - - - 2030 - - - - 2031 - - - - 2032 - - - - 2033 - - - - 2034 - - - - 2035 - - - - 2036 - - - - 2037 - - - - 2038 - - - - $ 6,680,000 $ 1,912,875 $ 7,480,000 $ 2,484,871 (continued) 246 Deschutes County, Oregon Schedule of Future Debt Service Requirements Full Faith and Credit Bonds - Governmental Activities June 30, 2015 Series 2009 Year of Maturity Principal 2016 $ 150,000 $ 2017 155,000 2018 160,000 2019 165,000 2020 170,000 2021 175,000 2022 185,000 2023 190,000 2024 200,000 2025 210,000 2026 215,000 2027 225,000 2028 235,000 2029 - 2030 - 2031 - 2032 - 2033 - 2034 - 2035 - 2036 - 2037 - 2038 - Interest 99,934 94,684 89,181 83,501 76,901 70,101 63,101 55,470 47,633 39,383 30,038 20,470 10,458 Series 2010 Principal $ 55,000 $ 60,000 60,000 65,000 65,000 65,000 70,000 70,000 75,000 80,000 80,000 85,000 90,000 90,000 95,000 Interest 37,071 35,809 34,309 32,628 30,799 28,858 26,713 24,394 21,806 18,900 15,900 12,700 9,200 5,600 1,900 $ 2,435,000 $ 780,854 $ 1,105,000 $ 336,586 (continued) 247 Deschutes County, Oregon Schedule of Future Debt Service Requirements Full Faith and Credit Bonds - Governmental Activities June 30, 2015 248 Ref Series 2012 Series 2013 Year of Maturity Principal Interest Principal Interest 2016 $ 1,085,000 $ 695,489 $ 225,000 $ 317,931 2017 1,120,000 662,414 235,000 311,181 2018 1,155,000 634,064 240,000 304,131 2019 1,185,000 598,814 250,000 296,931 2020 1,225,000 562,864 255,000 288,181 2021 1,260,000 531,714 265,000 279,256 2022 1,295,000 499,054 275,000 269,981 2023 1,340,000 458,495 285,000 260,356 2024 1,250,000 416,070 295,000 250,381 2025 1,285,000 381,170 305,000 238,581 2026 1,330,000 341,945 320,000 226,381 2027 1,365,000 301,520 330,000 213,581 2028 1,405,000 259,970 345,000 200,381 2029 1,445,000 217,220 360,000 186,581 2030 1,495,000 173,120 375,000 172,181 2031 1,545,000 126,748 390,000 157,181 2032 1,600,000 77,800 405,000 141,581 2033 1,650,000 26,400 420,000 124,875 2034 - - 435,000 107,550 2035 - - 455,000 87,975 2036 - - 480,000 67,500 2037 - - 500,000 45,900 2038 - - 520,000 23,400 $ 24,035,000 $ 6,964,869 $ 7,965,000 $ 4,571,981 248 Year of Maturity 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 Deschutes County, Oregon Schedule of Future Debt Service Requirements Full Faith and Credit Bonds - Business -Type Activities June 30, 2015 Total Requirements Series 2005 Series 2007 Principal Interest Total Principal Interest Principal Interest Refunding Series 2012 Principal Interest $ 780,296 $ 470,403 $ 1,250,699 $ 137,133 $ 61,873 $ 445,000 $ 272,025 $ 198,163 $ 136,505 808,367 441,574 1,249,941 143,768 56,885 460,000 254,225 204,598 130,464 839,329 412,720 1,252,049 148,192 51,611 480,000 235,825 211,137 125,284 871,344 381,489 1,252,833 154,827 46,022 500,000 216,625 216,516 118,842 903,160 348,932 1,252,091 159,251 40,034 520,000 196,625 223,909 112,273 936,286 316,033 1,252,319 165,886 33,631 540,000 175,825 230,400 106,578 969,363 281,693 1,251,055 172,522 26,863 560,000 154,225 236,841 100,605 1,011,545 244,704 1,256,249 181,369 19,694 585,000 131,825 245,176 93,185 1,053,630 204,902 1,258,532 188,005 12,122 610,000 107,694 255,625 85,086 1,094,634 164,614 1,259,249 196,852 4,134 635,000 82,531 262,783 77,949 931,985 126,265 1,058,250 - - 660,000 56,338 271,985 69,928 964,143 90,773 1,054,916 - - 685,000 29,113 279,143 61,661 287,323 53,164 340,486 - - - - 287,323 53,164 295,503 44,421 339,924 - - - - 295,503 44,421 305,728 35,403 341,131 - - - - 305,728 35,403 315,953 25,920 341,872 - - - - 315,953 25,920 327,200 15,910 343,110 - - - - 327,200 15,910 337,425 5,399 342,824 - - - - 337,425 5,399 $13,033,210 $ 3,664,321 $ 16,697,531 $ 1,647,805 $ 352,869 $ 6,680,000 $ 1,912,875 $ 4,705,405 $ 1,398,577 249 Deschutes County, Oregon Schedule of Future Debt Service Requirements Notes June 30, 2015 Business Activities OR Economic Development Year of Maturity Principal Interest 2016 $ 23,699 2017 23,875 2018 24,059 2019 24,256 2020 24,465 2021 29,683 2022 29,918 2023 30,163 2024 30,422 2025 30,693 2026 35,977 2027 36,276 16,971 15,845 14,711 13,544 12,355 11,157 9,672 8,177 6,668 5,147 3,613 1,814 $ 343,486 $ 119,673 250 Statistical Section June 30, 2015 Deschutes County, Oregon Deschutes County 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 Financial Trends 252-259 These schedules contain trend information to help the reader understand how the County's financial performance and well-being have changed over time. Revenue Capacity 260-265 These schedules contain information to help the reader assess the County's most significant local revenue source, the property tax. Debt Capacity 266-272 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 273-274 These schedules offer demographic and economic indicators to help the reader understanding the environment within which the County's financial activities take place. Operating Information 276-281 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 it performs. Sources: Unless otherwise noted, the information in these schedules is derived from the published comprehensive annual financial reports for the relevant year. The County implemented GASB Statement No. 65 in fiscal 2014; schedules containing information for years prior to fiscal year 2014 have not been restated in accordance with GASB No. 65, unless otherwise stated. 251 Deschutes County, Oregon Net Position by Component — Last Ten Fiscal Years (accrual basis of accounting) Fiscal Year 2006 2007 2008 2009 2010 Governmental activities Invested in capital assets, net of related debt $ 42,869,115 $ 48,887,100 $ 70,023,840 $ 76,240,077 $ 89,584,653 Restricted 2,215,621 2,292,308 2,261,887 2,411,903 3,755,874 Unrestricted 52,915,414 60,027,183 63,957,826 67,437,330 72,846,870 Total governmental activities net position $ 98,000,150 $111,206,591 $136,243,553 $146,089,310 $166,187,397 Business -type activities Invested in capital assets, net of related debt $ 12,336,714 $ 12,921,454 $ 17,577,695 $ 20,821,757 $ 23,311,911 Restricted 3,822,723 7,004,402 1,172,262 1,130,284 1,177,729 Unrestricted 5,951,233 5,320,037 8,835,465 4,004,099 615,719 Total business -type activities net position $ 22,110,670 $ 25,245,893 $ 27,585,422 $ 25,956,140 $ 25,105,359 Primary government Invested in capital assets, net of related debt $ 55,205,829 $ 61,808,554 $ 87,601,535 $ 97,061,834 $112,896,564 Restricted 6,038,344 9,296,710 3,434,149 3,542,187 4,933,603 Unrestricted 58,866,647 65,347,220 72,793,291 71,441,429 73,462,589 Total primary government net position $120,110,820 $ 136,452,484 $163,828,975 $172,045,450 $191,292,756 (continued) 252 Deschutes County, Oregon Net Position by Component — Last Ten Fiscal Years (accrual basis of accounting) Fiscal Year 2011 2012 2013 2014 2015 Governmental activities Invested in capital assets, net of related debt $ 92,525,275 $ 95,512,157 $ 89,462,800 $ 90,528,453 $ 91,385,492 Restricted 3,979,615 4,015,788 2,368,923 899,558 57,774,179 Unrestricted 73,592,055 71,206,363 76,086,991 85,864,467 13,564,092 Total governmental activities net position $ 170,096,945 $170,734,308 $167,918,714 $177,292,478 $162,723,762 Business -type activities Invested in capital assets, net of related debt $ 25,780,444 $ 25,824,953 $ 27,369,640 $ 27,996,595 $ 31,628,811 Restricted 1,191,785 951,696 726,437 326,768 416,356 Unrestricted (1,399,646) (1,667,939) (3,269,965) (1,578,435) (3,620,616) Total business -type activities net position $ 25,572,583 $ 25,108,710 $ 24,826,112 $ 26,744,928 $ 28,424,551 Primary government Invested in capital assets, net of related debt $118,305,719 $121,337,110 $116,832,440 $118,525,048 $123,014,302 Restricted 5,171,400 4,967,484 3,095,362 1,226,325 58,190,535 Unrestricted 72,192,409 69,538,424 72,817,030 84,286,032 9,943,475 Total primary government net position $195,669,528 $195,843,018 $192,744,832 $204,037,405 $191,148,313 253 Deschutes County, Oregon Changes in Net Position — Last Ten Fiscal Years (accrual basis of accounting) Expenses Governmental activities: General government Public safety County roads Health and welfare Education Interest and fiscal charges Total governmental activities expenses Business -type activities: Solid waste Fair & expo center RV park Total business -type activities expenses Total primary government expenses Program Revenues Governmental activities: Charges for services: General government Public safety County roads Health and welfare Education Operating grants and contributions Capital grants and contributions Total governmental activities program revenues Business -type activities: Charges for services: Solid waste Fair & expo center RV park Operating grants and contributions Capital grants and contributions Total business -type activities program revenues Total primary government program revenues Net (Expense)/Revenue Governmental activities Business -type activities Total primary government net expense General Revenues and Other Changes in Net Position Governmental activities: Taxes Property taxes, levied for general purpose Property taxes, levied for sheriff services Property taxes, levied for bonded debt Transient room tax Unrestricted grants and contributions Investment earnings. Interfund equity transfer Interfund gain (loss) on transfer of capital assets Gain (loss) on sale of capital assets Transfers Loss on discontinued project Total governmental activities Business -type activities: Taxes Property taxes, levied for bonded debt Investment earnings Interfund equity transfer Interfund gain (loss) on transfer of capital assets Gain (loss) on sale of capital assets Transfers Total business -type activities Total primary government Change in Net Position Governmental activities Business -type activities Total primary government Fiscal Year 2006 2007 2008 2009 2010 $ 25,751,315 $ 24,161,521 $ 26,992,445 $ 27,241,378 $ 24,782,169 35,536,067 39,055,432 45,723,250 47,493,147 50,033,277 14,362,681 13,360,074 14,609,557 17,478,873 14,701,828 21,977,467 23,923,726 22,733,857 23,203,391 23,831,929 1,196,665 1,217,999 1,213,866 1,137,873 1,078,769 3,370,842 3,221,880 3,160,571 3,311,808 3,401,395 102,195,037 104,940,632 114,433,546 119,866,470 117,829,367 5,908,747 7,033,143 6,462,905 8,414,867 7,335,596 4,160,993 4,275,272 4,539,224 4,152,893 3,710,074 312,882 322,179 10,069,740 11,308,415 11,002,129 12,880,642 11,367,849 $ 112,264,777 $ 116,249,047 $ 125,435,675 $ 132,747,112 $ 129,197,216 $ 14,338,082 $ 14,021,619 $ 9,692,948 $ 14,590,354 $ 12,272,431 5,187,798 5,638,521 11,503,488 3,665,436 7,508,624 13,907,252 15,208,589 14,899,440 12,822,399 13,118,125 5,079,797 4,913,531 5,134,211 1,146,444 1,018,990 1,194,230 1,022,945 1,021,353 919,915 - 23,433,909 24,221,298 22,035,484 30,390,518 29,127,520 1,015,624 1,991,818 16,335,611 1,780,050 9,209,437 64,156,692 67,018,321 80,622,535 65,315,116 72,255,127 7,909,923 8,221,483 7,749,609 6,639,633 6,362,100 2,149,531 2,199,765 2,709,993 1,912,771 1,536,329 - - - 89,005 115,126 159,660 106,808 84,955 54,405 85,765 94,190 10,219,114 10,528,056 10,638,747 8,695,814 8,099,320 $ 74,375,806 $ 77,546,377 $ 91,261,282 $ 74,010,930 $ 80,354,447 $ (38,038,345) $ (37,922,311) $ (33,811,011) $ (54,551,354) $ (45,574,240) 149,374 (780,359) (363,382) (4,184,828) (3,268,529) $ (37,888,971) $ (38,702,670) $ (34,174,393) $ (58,736,182) $ (48,842,769) $ 23,605,720 $ 25,894,192 $ 26,369,350 $ 31,833,253 $ 33,441,245 14,066,727 15,368,010 21,530,214 22,976,966 24,094,637 3,076,576 2,935,056 3,097,850 3,233,344 3,513,631 3,283,905 3,299,895 3,535,226 3,212,173 2,959,337 2,858,718 4,250,120 4,068,901 2,892,642 1,450,594 - (6,016) - - - (109,698) - (27,954) - - - (485,230) (584,556) 246,431 248,733 212,883 46,296,718 51,128,747 58,847,972 64,397,111 65,672,327 2,072,731 2,013,593 1,959,960 2,292,465 2,459,814 851,352 1,324,391 989,381 511,814 170,817 - 6,016 - - - 109,698 - - (12,974) 485,230 584,556 (246,431) (248,733) (212,883) 3,519,011 3,915,582 2,702,910 2,555,546 2,417,748 $ 49,815,729 $ 55,044,329 $ 61,550,882 $ 66,952,657 $ 68,090,075 $ 8,258,373 $ 13,206,436 $ 25,036,961 $ 9,845,757 $ 20,098,087 3,668,385 3,135,223 2,339,528 (1,629,282) (850,781) $ 11,926,758 $ 16,341,659 $ 27,376,489 $ 8,216,475 $ 19,247,306 (continued) 254 Deschutes County, Oregon Changes in Net Position - Last Ten Fiscal Years (accrual basis of accounting) Expenses Governmental activities: General government Public safety County roads Health and welfare Education Interest and fiscal charges Total governmental activities expenses Business -type activities: Solid waste Fair & expo center RV park Total business -type activities expenses Total primary government expenses Program Revenues Governmental activities: Charges for services: General government Public safety County roads Health and welfare Education Operating grants and contributions Capital grants and contributions Total governmental activities program revenues Business -type activities: Charges for services: Solid waste Fair & expo center RV park Operating grants and contributions Capital grants and contributions Total business -type activities program revenues Total primary government program revenues Net Governmental activities Business -type activities Total primary government net expense General Revenues and Other Changes in Net Position Governmental activities: Taxes Property taxes, levied for general purpose Property taxes, levied for sheriff services Property taxes, levied for bonded debt Transient room tax Unrestricted grants and contributions Investment earnings Interfund equity transfer Interfund gain (loss) on transfer of capital assets Gain (loss) on sale of capital assets Transfers Loss on discontinued project Total governmental activities Business -type activities: Taxes Property taxes, levied for bonded debt Investment earnings Interfund equity transfer Interfund gain (loss) on transfer of capital assets Gain (loss) on sale of capital assets Transfers Total business -type activities Total primary government Change in Net Position Governmental activities Business -type activities Total primary government Fiscal Year 2011 2012 2013 2014 2015 $ 22,540,890 $ 24,888,722 $ 25,312,619 $ 25,801,150 $ 24,792,417 53,944,031 56,696,103 57,806,152 57,786,656 46,351,357 18,600,706 16,436,367 16,139,486 15,441,429 16,818,974 28,828,892 30,416,145 31,682,855 35,154,506 31,944,749 979,980 687,511 684,632 685,916 656,218 3,275,788 2,716,110 2,485,174 2,556,364 2,385,397 128,170,287 131,840,958 134,110,918 137,426,020 122,949,114 7,347,661 7,801,912 8,122,538 6,327,028 7,614,444 3,819,399 3,876,575 3,392,264 3,368,464 3,466,338 343,898 338,003 339,145 355,752 473,792 11,510,958 12,016,490 11,853,947 10,051,244 11,554,573 $ 139,681,245 $ 143,857,448 $ 145,964,865 $ 147,477,264 $ 134,503,687 $ 11,744,342 $ 9,975,482 $ 11,827,132 $ 11,593,147 $ 14;463,863 7,434,816 6,317,924 8,876,636 6,252,467 6,051,487 13,808,489 15,917,719 14,730,662 16,933,084 17,690,071 1,747,716 2,062,633 2,243,963 5,222,623 1,836,516 32,195,732 33,630,072 31,233,012 40,070,038 40,911,962 765,663 232,363 86,514 437,240 193,226 67,696,758 68,136,193 68,997,919 80,508,599 81,147,126 6,665,487 6,506,366 6,793,369 7,364,322 8,088,089 1,992,262 1,963,398 1,761,108 1,783,377 2,257,064 162,049 154,633 165,096 217,036 346,987 39,271 86,306 49,790 50,964 51,244 176,289 8,859,069 8,710,703 8,769,363 9,591,988 10,743,383 $ 76,555,827 $ 76,846,896 $ 77,767,282 $ 90,100,587 $ 91,890,509 $ (60,473,529) $ (63,704,765) $ (65,112,999) $ (56,917,421) $ (41,801,988) (2,651,889) (3,305,787) (3,084,584) (459,255) (811,190) $ (63,125,418) $ (67,010,552) $ (68,197,583) $ (57,376,677) $ (42,613,178) $ 33,663,728 $ 33,682,238 $ 33,971,127 $ 35,079,263 $ 31,747,666 23,666,633 23,551,915 24,285,093 25,284,848 26,640,494 3,460,558 3,290,215 3,083,800 1,982,347 97,428 3,151,974 3,357,365 3,656,126 4,340,159 5,248,200 981,569 908,178 787,866 986,444 1,188,209 (541,385) (447,771) (337,272) (539,938) (559,305) (3,149,335) 64,383,077 64,342,140 62,297,405 67,133,123 64,362,692 2,505,852 2,334,005 2,417,152 2,086,179 2,623,509 71,876 60,134 47,562 52,612 71,740 541,385 447,771 337,272 539,938 559,305 3,119,113 2,841,910 2,801,986 2,678,729 3,254,554 $ 67,502,190 $ 67,184,050 $ 65,099,391 $ 69,811,852 $ 67,617,246 $ 3,909,548 $ 637,375 $ (2,815,594) $ 10,215,702 $ 22,560,704 467,224 (463,877) (282,598) 2,219,473 2,443,364 $ 4,376,772 $ 173,498 $ (3,098,192) $ 12,435,175 $ 25,004,068 255 Deschutes County, Oregon Fund Balances — Governmental Funds — Last Ten Fiscal Years (modified accrual basis of accounting) All Other Governmental Funds Reserved/Nonspendable $ 857,174 $ 792,928 Fiscal Year $ 871,486 $ 806,696 Unreserved, reported in: 2006 2007 2008 2009 2010 General Fund 46,203,588 50,401,270 50,491,712 49,541,406 58,071,242 Unreserved $ 6,830,482 $ 6,841,976 $ 6,729,202 $ 7,119,757 $ 9,933,612 Nonspendable n/a n/a n/a n/a n/a Committed n/a n/a n/a n/a n/a Assigned n/a n/a n/a n/a n/a Unassigned n/a n/a n/a n/a n/a Total General Fund $ 6,830,482 $ 6,841,976 $ 6,729,202 $ 7,119,757 $ 9,933,612 All Other Governmental Funds Reserved/Nonspendable $ 857,174 $ 792,928 $ 989,812 $ 871,486 $ 806,696 Unreserved, reported in: Special revenue funds 46,203,588 50,401,270 50,491,712 49,541,406 58,071,242 Capital projects funds 287,502 677,141 (2,879,998) 7,228,678 958,911 Debt service funds 1,330,609 1,157,785 1,127,264 959,147 1,101,183 Total Unreserved 47,821,699 52,236,196 48,738,978 57,729,231 60,131,336 Restricted, reported in: Special revenue funds n/a n/a n/a n/a n/a Capital projects funds n/a n/a n/a n/a n/a Debt service funds n/a n/a n/a n/a n/a Total Restricted - - - - - Committed, reported in: Special revenue funds n/a n/a n/a n/a n/a Capital projects funds n/a n/a n/a n/a n/a Debt service funds n/a n/a n/a n/a n/a Total Committed - - - - - Assigned, reported in: Special revenue funds n/a n/a n/a n/a n/a Capital projects funds n/a n/a n/a n/a n/a Debt service funds n/a n/a n/a n/a n/a Total Assigned - - - - - Unassigned, reported in: Capital projects funds n/a n/a n/a n/a n/a Total Unassigned - - - - - Total all other governmental funds $ 48,678,873 $ 53,029,124 $ 49,728,790 $ 58,600,717 $ 60,938,032 n/a - Not applicable (continued) 256 Deschutes County, Oregon Fund Balances — Governmental Funds — Last Ten Fiscal Years (modified accrual basis of accounting) All Other Governmental Funds Reserved/Nonspendable $ 888,106 $ 894,228 Fiscal Year $ 1,418,998 $ 2,542,621 Unreserved, reported in: 2011 2012 2013 2014 2015 General Fund - - - - - Unreserved $ - $ - $ - $ - $ - Nonspendable - - - - 516,523 Committed - - - - 1,782,674 Assigned 9,481,113 10,082,716 8,657,374 8,031,837 6,222,698 Unassigned 4,623,757 5,244,633 6,836,112 7,649,760 9,183,941 Total General Fund $ 14,104,870 $ 15,327,349 $ 15,493,486 $ 15,681,597 $ 17,705,836 All Other Governmental Funds Reserved/Nonspendable $ 888,106 $ 894,228 $ 1,272,249 $ 1,418,998 $ 2,542,621 Unreserved, reported in: Special revenue funds - - - - - Capital projects funds - - - - - Debt service funds - - - - - Total Unreserved - - - - - Restricted, reported in: Special revenue funds 36,777,325 42,713,782 52,491,478 64,710,171 62,650,077 Capital projects funds 1,251,643 1,048,534 - - - Debt service funds 661,359 585,900 476,186 7,631 10,970 Total Restricted 38,690,327 44,348,216 52,967,664 64,717,802 62,661,047 Committed, reported in: Special revenue funds 13,396,391 11,821,006 10,372,114 13,456,033 13,566,455 Capital projects funds 122,361 122,361 - 606,292 394,405 Debt service funds - - 579,897 480,416 482,736 Total Committed 13,518,752 11,943,367 10,952,011 14,542,741 14,443,595 Assigned, reported in: Special revenue funds 6,236,570 5,903,050 4,170,144 - - Capital projects funds 174,647 740,173 759,229 - - Debt service funds 839,529 752,599 - - - Total Assigned 7,250,746 7,395,822 4,929,373 - - Unassigned, reported in: Capital projects funds (3,223,574) (3,989,721) (2,057,525) (1,791,930) - Total Unassigned (3,223,574) (3,989,721) (2,057,525) (1,791,930) - Total all other governmental funds $ 57,124,357 $ 60,591,912 $ 68,063,772 $ 78,887,611 $ 79,647,264 n/a - Not applicable 257 Deschutes County, Oregon Changes in Fund Balances — Governmental Funds — Last Ten Fiscal Years (modified accrual basis of accounting) Expenditures General government 23,776,374 23,946,449 Fiscal Year 24,916,432 22,473,173 Public safety 2006 2007 2008 2009 2010 Revenues 12,699,890 13,274,067 15,263,147 17,004,218 15,806,002 Taxes $ 44,182,536 $ 47,100,658 $ 53,685,756 $ 59,765,686 $ 63,729,316 Licenses and permits 541,430 621,774 551,882 452,980 549,013 Fines, forfeitures and penalties 1,506,203 1,573,822 1,696,965 1,648,134 1,645,313 Special assessments 375,827 270,151 482,493 474,559 257,916 Interest and rents 3,782,331 4,974,934 4,721,688 4,000,663 2,360,035 Intergovernmental 42,330,291 43,230,353 75,576,276 77,123,068 77,287,814 Charges for services 20,460,721 20,983,902 18,698,609 16,999,531 17,615,561 Other 2,230,837 978,935 477,816 357,166 925,947 Total expenditures 111,288,092 Total revenues 115,410,176 119,734,529 155,891,485 160,821,787 164,370,915 Expenditures General government 23,776,374 23,946,449 26,919,775 24,916,432 22,473,173 Public safety 34,933,093 38,127,862 73,785,397 74,219,306 74,626,653 County roads 12,699,890 13,274,067 15,263,147 17,004,218 15,806,002 Health and welfare 25,039,345 26,828,472 25,966,357 28,199,244 25,840,307 Education 1,196,665 1,217,999 1,213, 866 1,137,873 1,078,769 Debt service (5,777,404) - - - - Principal 4,746,584 4,003,240 4,349,917 4,523,312 4,595,659 Interest 3,243,567 3,069,252 3,051,380 3,090,228 3,296,705 Trustee fees 3,430 5,710 5,210 3,066 2,455 Debt issuance costs 133,596 12,250 - 237,657 49,471 Capital outlay 5,515,548 5,110,510 8,658,464 11,559,996 12,596,751 Total expenditures 111,288,092 115,595,811 159,213,513 164,891,332 160,365,945 Excess of revenues over (under) expenditures 4,122,084 4,138,718 (3,322,028) (4,069,545) 4,004,970 Other Financing Sources (Uses) Transfers in 20,514,619 20,769,508 18,214,344 23,231,232 19,839,328 Transfers out (21,346,431) (22,203,870) (18,421,256) (23,297,732) (20,008,290) Debt issuance - 1,077,000 - 13,352,250 1,320,000 Bond premium/discount - - - 46,277 (4,838) Bonds issued 5,915,000 - - - - Payments to escrow agent (5,777,404) - - - - Proceeds of sale of assets 166,950 580,384 115,835 - - Total other financing sources (uses) (527,266) 223,022 (91,077) 13,332,027 1,146,200 Net change in fund balances $ 3,594,818 $ 4,361,740 $ (3,413,105) $ 9,262,482 $ 5,151,170 Debt service as a percentage of noncapital expenditures 7.5% 6.6% 5.5% 5.0% 5.8% (continued) 258 Deschutes County, Oregon Changes in Fund Balances — Governmental Funds — Last Ten Fiscal Years (modified accrual basis of accounting) Other Financing Sources (Uses) Transfers in 12,313,816 10,701,765 Fiscal Year 11,233,103 14,542,905 Transfers out 2011 2012 2013 2014 2015 Revenues 40,000 - - - - Taxes $ 63,806,103 $ 64,546,883 $ 66,038,130 $ 67,157,527 $ 64,043,653 Licenses and permits 689,142 778,227 900,224 1,285,225 1,395,229 Fines, forfeitures and penalties 1,596,621 1,417,245 1,355,143 1,563,725 1,713,279 Special assessments 193,605 161,466 176,518 125,999 116,946 Interest and rents 2,595,846 2,559,272 2,463,869 2,616,264 2,801,165 Intergovernmental 82,326,719 85,663,964 83,911,882 95,464,165 97,854,728 Charges for services 17,515,802 16,159,689 19,108,543 21,137,727 24,577,248 Other 505,740 439,269 832,505 681,354 1,867,249 Total revenues 169,229,578 171,726,015 174,786,814 190,031,985 194,369,496 Expenditures General government 22,614,321 22,606,034 23,036,320 24,185,783 25,028,450 Public safety 78,159,464 81,610,756 83,718,648 87,910,026 89,007,502 County roads 16,648,991 16,632,188 13,454,003 14,105,584 14,795,591 Health and welfare 31,725,577 32,905,053 35,248,861 39,671,077 46,096,095 Education 979,980 687,511 684,632 685,916 656,218 Debt service Principal 5,678,728 5,296,870 5,720,036 5,387,017 3,270,413 Interest 3,157,964 2,631,321 2,386,628 2,438,429 2,354,101 Trustee fees 3,218 2,950 2,610 27,810 - Debt issuance costs - 372,216 23,429 219,610 - Capital outlay 8,245,442 3,692,419 2,465,339 12,563,515 6,906,759 Total expenditures 167,213,685 166,437,318 166,740,506 187,194,767 188,115,128 Excess of revenues over (under) expenditures 2,015,893 5,288,697 8,046,308 2,837,218 6,254,367 Other Financing Sources (Uses) Transfers in 12,313,816 10,701,765 13,191,583 11,233,103 14,542,905 Transfers out (14,012,126) (11,673,036) (13,625,455) (11,831,461) (15,350,629) Debt issuance 40,000 - - - - Bond premium/discount - - 49,109 218,092 - Bonds issued - 21,893,362 3,000,000 8,555,000 - Payments to escrow agent - (21,520,747) (3,023,549) - - Proceeds of sale of assets - - - - - Total other financing sources (uses) (1,658,310) (598,656) (408,312) 8,174,734 (807,724) Net change in fund balances $ 357,583 $ 4,690,041 $ 7,637,996 $ 11,011,952 $ 5,446,643 Debt service as a percentage of noncapital expenditures 5.6% 5.0% 259 4.9% 4.5% 3.1% Deschutes County, Oregon Assessed Value and Estimated Actual Value of Taxable Property - Last Ten Fiscal Years (in thousands of dollars) Real Property Personal Property Manufactured Homes Fiscal Year Ended June 30, Assessed Value Estimated Assessed Estimated Assessed Estimated Actual Value Value Actual Value Value Actual Value 2006 $ 12,640,050 $ 20,207,657 $ 339,456 $ 2007 13,870,767 27,611,646 383,447 2008 15,020,692 36,089,166 415,380 2009 15,988,780 36,759,449 466,756 2010 16,729,496 32,244,472 439,296 2011 16,875,389 22,613,760 411,330 2012 16,786,626 20,692,642 390,053 2013 17,006,004 20,134,879 376,567 2014 17,812,786 21,290,547 372,149 2015 18,803,090 24,417,972 393,213 Sources: Deschutes County Assessor's Department and Deschutes County Tax Office (1) includes tax-exempt property 260 339,486 $ 62,959 $ 67,888 383,447 61,946 67,553 415,548 58,898 65,957 466,839 55,989 61,302 439,299 54,578 60,723 411,330 48,228 51,783 390,053 44,522 47,327 376,567 42,964 45,308 372,149 47,241 50,377 393,227 53,660 58,261 (continued) 261 Deschutes County, Oregon Assessed Value and Estimated Actual Value of Taxable Property — Last Ten Fiscal Years (in thousands of dollars) Exemption Public Utilities Total Assessed Value(1) as a Range of Total Percentage of Assessed Estimated Assessed Taxable Estimated Direct Tax Estimated Value Actual Value Value Assessed Value Actual Value Rates Paid Actual Value $ 323,329 $ 327,647 $ 16,319 $ 13,349,475 $ 20,942,678 2.6938-5.7206 63.821% 331,845 338,869 22,612 14,625,393 28,401,515 2.6548-5.7385 51.575% 352,616 369,411 23,638 15,823,948 36,940,082 2.9780-5.8087 42.901% 388,838 403,899 25,803 16,874,560 37,691,489 2.9170-6.1060 44.839% 417,996 430,990 28,577 17,612,789 33,175,484 2.7805-6.2059 53.176% 436,787 450,305 31,009 17,740,725 23,527,178 2.8947-6.2598 75.537% 438,134 453,696 33,166 17,626,169 21,583,718 2.8818-6.2468 81.818% 429,361 445,442 34,370 17,820,526 21,002,197 2.9121-6.2710 85.014% 441,711 455,806 36,566 18,637,321 22,168,879 2.8159-6.1734 84.235% 475,914 492,477 39,534 19,686,343 25,361,937 2.7502-6.1111 77.777% 261 Deschutes County, Oregon Direct Overlapping Property Tax Rates - Last Ten Fiscal Years (rate per $1, 000 of assessed value) Sources: Deschutes County Assessor's Office and Deschutes County Finance Department (continued) 262 Fiscal Year Taxes are Payable 2006 2007 2008 2009 2010 County direct rates Rates levied to all taxable County properties: General 1.2783 1.2783 1.2783 1.2783 1.2783 Jail Bond 0.1612 0.1402 0.1370 0.1335 0.1395 Fairgrounds Bond 0.1601 0.1421 0.1285 0.1410 0.1441 Sheriff (Countywide) - - 0.9500 0.9500 0.9500 County Extension/41-1 CSD 0.0224 0.0224 0.0224 0.0224 0.0224 911 CSD 0.1618 0.1618 0.1618 0.1618 0.1618 911 Local Option 0.0900 0.0900 0.2300 0.2300 County districts paid by all properties 1.8738 1.8348 2.6780 2.9170 2.9261 Rates levied to taxable rural County properties: Sheriff (County) 1.6000 1.6000 - - - Sheriff (Rural) - - 1.4000 1.4000 1.4000 Rates levied to incorporated and CSD tax codes: Sheriff (Incorporated) 0.8200 0.8200 - - - Certain County properties are subject to one of the following rates: Bend Library Bond 0.0991 0.0856 0.0858 0.0852 0.0868 Redmond Library Bond 0.0723 0.0618 0.0588 0.0567 0.0572 Sunriver Library Bond 0.0668 0.0637 0.0607 0.0590 0.0598 Paid by Black Butte properties only: Black Butte Ranch CSD 1.0499 1.0499 1.0499 1.0499 1.0499 Black Butte Ranch CSD Local Opt - 0.4000 0.4000 0.4000 0.4000 Paid by Sunriver properties only: Sunriver Service District 2.9600 3.0200 3.0700 3.1300 3.2200 Range of County Direct Rates Paid 2.6938 - 5.7206 2.6548 - 5.7385 2.6780 - 5.8087 2.9170 - 6.1060 2.7805 - 6.2059 City and town rates Bend 2.8035 2.8035 2.8035 2.8035 2.8035 Redmond 6.0643 6.0643 6.1643 6.1643 6.1643 Sisters 2.6417 2.6417 2.6417 2.6417 2.6417 La Pine - - 1.8800 1.9800 1.9800 Bend Urban Renewal Special Levy 0.2192 0.2266 0.2595 0.2700 0.2666 City of Redmond Bond 0.1196 0.0893 0.0755 0.1020 0.1168 Sunriver Service District 2.9600 3.0200 3.0700 3.1300 3.2200 Redmond Downtown Urban Renewal Levy 0.4676 0.3248 0.1719 - - Redmond Airport Urban Renewal Levy - - - - - Library district rates 0.5500 0.5500 0.5500 0.5500 0.5500 Fire district rates 1.0924 - 2.7317 1.0924 - 2.7317 1.0924 - 3.2087 1.0924 - 3.0742 1.0924 - 3.0705 Parks and recreation district rates 0.2200 - 1.4610 0.2200 - 1.4610 0.2200 - 1.4610 0.2200 - 1.4610 0.2200 - 1.4610 School district rates 5.4915 - 7.5031 6.4665 - 7.3835 6.4474 - 7.2751 6.8851 - 7.2424 6.5907 - 8.4371 Road district rates 0.7831 - 3.6500 0.7831 - 3.6500 0.7831 - 3.6500 0.7831 - 3.6500 0.6600 - 3.6500 Other special district rates 0.2895 0.2895 0.3898 0.3848 0.3809 Sources: Deschutes County Assessor's Office and Deschutes County Finance Department (continued) 262 Deschutes County, Oregon Direct Overlapping Property Tax Rates - Last Ten Fiscal Years (rate per $1, 000 of assessed value) County direct rates Rates levied to all taxable County properties: General Jail Bond Fairgrounds Bond Sheriff(Countywide) County Extension/411 CSD 911 CSD 911 Local Option County districts paid by all properties Rates levied to taxable rural County properties: Sheriff (County) Sheriff (Rural) Rates levied to incorporated and CSD tax codes: Sheriff (Incorporated) Certain County properties are subject to one of the following rates: Bend Library Bond Redmond Library Bond Sumiver Library Bond Paid by Black Butte properties only: Black Butte Ranch CSD Black Butte Ranch CSD Local Opt Paid by Sunriver properties only: Sunriver Service District Range of County Direct Rates Paid City and town rates Bend Redmond Sisters La Pine 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 Fiscal Year Taxes are Payable 2011 2012 2013 2014 2015 1.2783 1.2783 1.2783 1.2783 1.2783 0.1358 0.1324 0.1291 0.0673 - 0.1464 0.1369 0.1405 0.1121 0.1377 0.9200 0.9200 0.9500 0.9500 0.9500 0.0224 0.0224 0.0224 0.0224 0.0224 0.1618 0.1618 0.1618 0.1618 0.1618 0.2300 0.2300 0.2300 0.2240 0.2000 2.8947 2.8818 2.9121 2.8159 2.7502 1.4000 1.4000 1.4000 1.4000 1.4000 0.0880 0.0836 0.0791 0.0723 - 0.0558 0.0498 - - - 0.0551 0.0550 0.0489 0.0475 0.5090 1.0499 1.0499 1.0499 1.0499 1.0499 0.5500 0.5500 0.5500 0.5500 0.5500 3.3100 3.3100 3.3100 3.3100 3.3100 2.8947-6.2598 2.8818-6.2468 2.9121-6.2710 2.8159-6.1734 2.7502-6.1111 2.8035 2.8035 2.8035 2.8035 2.8035 6.1643 4.4101 4.4101 4.4101 4.4101 2.6417 2.6417 2.6417 2.6417 2.6417 1.8000 1.8000 1.9000 1.9300 1.9800 0.2791 - - - - 0.0947 0.0831 0.0870 0.0886 0.0809 3.3100 3.3100 3.3100 3.3100 3.3100 0.5500 0.5500 0.5500 0.5500 0.5500 1.0924-3.0744 1.0924-3.0744 1.0924-3.0522 1.0924-3.0691 1.0924-3.0641 0.2200 - 1.4610 0.2200 - 1.4610 0.2200 - 1.4610 0.2200 - 1.6673 0.2200 - 1.6566 6.4923-8.1206 6.6649-8.4065 6.6692-8.4108 6.5526-8.4699 6.2181-8.4979 0.3248-3.6500 0.5180-2.7331 0.4377-3.6500 0.9005-3.6500 0.7831-3.0000 0.3793 0.3776 0.2895 0.2895 0.2895 263 Deschutes County, Oregon Principal Property Taxpayers — Current Fiscal and Nine Years Ago Source: Deschutes County Assessor's Department 2015 Rank 1 2 3 4 5 6 7 8 9 10 264 2006 Percentage of Taxable Assessed Taxaaver Value Pacificorp (PP&L) $ 86,338,000 Gas Transmission Northwest Corporation 69,580,600 Bend Cable Communications LLC 69,563,000 Cascade Natural Gas Corporation 51,236,000 Touchmark at Mount Bachelor Village LLC 44,393,000 CVSC LLC 37,108,420 Deschutes Brewery Inc 36,254,180 Suterra LLC 36,206,060 Centurylink (Formerly Qwest Corporation) 33,857,800 Wal-Mart Stores Inc 30,356,000 Pronghorn Investors LLC - Eagle Crest Inc - Mt. Bachelor Inc 35,704,800 Sunriver Resort Limited Partnership 0.27% Bend Millwork Systems Inc - Total $ 494,893,060 Source: Deschutes County Assessor's Department 2015 Rank 1 2 3 4 5 6 7 8 9 10 264 2006 Percentage of Percentage of Total County Total County Taxable Taxable Assessed Taxable Assessed Value Value Rank Assessed Value 0.44% $ 45,020,000 4 0.34% 0.35% 76,575,090 1 0.57% 0.35% - - 0.26% 35,704,800 6 0.27% 0.23% - - - 0.19% - - - 0.18% 24,327,172 10 0.18% 0.18% - - 0.17% 62,361,800 2 0.47% 0.15% - - - - 48,945,340 3 0.37% 40,224,090 5 030% 34,905,563 7 0.26% 34,004,850 8 0.25% - 24,406,690 9 0.18% 2.50% $ 426,475,395 3.19% Deschutes County, Oregon Property Taxes Levies and Collections - Last Ten Fiscal Years (amounts expressed in thousands) Collected within the Fiscal Year of the Levy Fiscal Year Total Tax Levy Percentage of Collections in Ended June 30, for Fiscal Year (1) Amount Collected Levy Subsequent Years Total Collections to Date Percentage of Amount Collected Levy 2006 39,436 38,595 97.867% 840 39,434 99.996% 2007 42,485 41,256 97.108% 1,227 42,483 99.995% 2008 49,203 47,007 95.537% 2,193 49,200 99.993% 2009 56,344 52,961 93.996% 3,370 56,331 99.977% 2010 58,800 55,871 95.018% 2,913 58,783 99.972% 2011 58,521 56,104 95.870% 2,393 58,498 99.959% 2012 57,774 55,921 96.793% 1,771 57,692 99.859% 2013 58,607 57,176 97.557% 1,216 58,391 99.632% 2014 59,380 58,195 98.005% 801 58,997 99.355% 2015 62,247 61,220 98.349% - 61,220 98.349% Source: Deschutes County Finance Department (1) Net of discounts and adjustments. 265 Deschutes County, Oregon Ratios of Outstanding Debt by Type — Last Ten Fiscal Years (dollars in thousands, except per capita) (1) See page 273 for personal income and population data n/a - Not available. (continued) 266 Governmental Activities General Limited Special Certificates Full Faith Fiscal Obligation Tax Assessment of and Credit Capital Year Bonds Bonds Bonds Participation Obligations Leases Loans 2006 $ 21,553 $ 12,424 $ 136 $ 955 $ 36,177 $ 22 $ 350 2007 19,299 12,380 77 670 35,838 188 300 2008 16,908 12,329 30 370 34,225 - 250 2009 14,392 12,246 - - 46,043 200 2010 11,717 12,137 45,491 150 2011 8,873 11,386 43,352 140 2012 5,853 11,223 42,299 81 2013 2,700 11,026 39,835 23 2014 175 10,799 45,773 149 2015 90 10,536 42,957 - (1) See page 273 for personal income and population data n/a - Not available. (continued) 266 Deschutes County, Oregon Ratios of Outstanding Debt by Type — Last Ten Fiscal Years (dollars in thousands, except per capita) 267 Business -Type Activities General Full Faith Total Percentage Fiscal Obligation and Credit Primary of Personal Per Year Bonds Obligations Loans Government Income (1) Capita (1) 2006 $ 21,791 $ 8,695 $ 501 $ 102,604 2.05% $ 715.93 2007 20,408 18,141 488 107,789 2.00% 718.05 2008 19,144 17,629 470 101,355 1.80% 654.24 2009 17,630 17,039 453 108,003 1.89% 686.99 2010 15,992 16,432 435 102,354 1.78% 648.20 2011 14,203 15,804 417 94,175 1.58% 592.76 2012 12,260 15,423 399 87,538 1.40% 546.63 2013 9,941 14,695 380 78,600 1.20% 483.62 2014 7,669 13,960 362 78,887 n/a 474.08 2015 5,247 13,200 343 72,373 n/a n/a 267 Deschutes County, Oregon Ratios of General Bonded Debt Outstanding — Last Ten Fiscal Years (dollars in thousands, except per capita) Note: Details regarding the County's outstanding debt can be found in the notes to the financial statements. (1) This is the general bonded debt of both governmental and business -type activities. (2) This is the amount restricted for debt service principal payments. (3) See the Schedule of Assessed Value and the Estimated Actual Value of Taxable Property on page 260. (4) Population data can be found in the Schedule of Demographic and Economic Statistics on page 273. 268 Less: Amounts Percentage of General Available in Estimated Actual Fiscal Obligation Debt Service Taxable Value of Year Bonds (1) Fund (2) Total Property (3) Per Capita (4) 2006 S 43,344 $ 961 $42,383 0.21% $ 319.67 2007 39,707 825 38,882 0.14% 277.06 2008 36,052 655 35,397 0.10% 240.17 2009 32,022 799 31,223 0.08% 206.70 2010 27,709 1,220 26,489 0.08% 176.25 2011 23,076 1,483 21,593 0.10% 146.14 2012 18,113 1,243 16,870 0.08% 114.01 2013 12,641 1,042 11,599 0.06% 78.94 2014 7,844 186 7,658 0.04% 48.26 2015 5,337 358 4,979 0.02% 32.07 Note: Details regarding the County's outstanding debt can be found in the notes to the financial statements. (1) This is the general bonded debt of both governmental and business -type activities. (2) This is the amount restricted for debt service principal payments. (3) See the Schedule of Assessed Value and the Estimated Actual Value of Taxable Property on page 260. (4) Population data can be found in the Schedule of Demographic and Economic Statistics on page 273. 268 Deschutes County, Oregon Direct and Overlapping Governmental Activities Debt As of June 30, 2015 (dollars in thousands) Estimated Debt Percentage Governmental Unit Outstanding Applicable Debt repaid with property taxes Amount Applicable to Primary Government Bend Juniper Ridge Urban Renewal Agency $ 3,181 100.0000% $ 3,181 Bend Metro Park & Rec District 27,450 100.0000% 27,450 Central Oregon Community College 58,460 83.9549% 49,080 City of Bend 46,924 100.0000% 46,924 City of La Pine 455 100.0000% 455 City of Redmond 1,732 100.0000% 1,732 Cloverdale RFPD 2,630 100.0000% 2,630 Crook County School District 51,964 1.1566% 601 Crooked River Ranch RFPD VI -503 2,535 8.8474% 224 Crooked River Ranch Special Road District 225 8.9631% 20 Deschutes County RFPD 2 (Bend) 1,355 100.0000% 1,355 Deschutes County School District 1 (Bend -La Pine) 262,710 100.0000% 262,710 Deschutes County School District 2 (Redmond) 154,408 94.1171% 145,324 Deschutes County School District 6 (Sisters) 17,631 99.9734% 17,626 High Desert ESD 2,280 91.3865% 2,084 La Pine Parks & Recreation District 450 100.0000% 450 La Pine Special Sewer District 108 100.0000% 108 Lazy River Special Road District 10 100.0000% 10 Redmond Area Park & Recreation District 695 100.0000% 695 Redmond Fire & Rescue 735 99.9388% 735 Sisters RFPD (Camp Sherman) 2,005 85.7932% 1,720 Terrebonne Water District 560 100.0000% 560 Subtotal, overlapping debt 565,674 Deschutes County direct debt 53,583 Total direct and overlapping debt $ 619,257 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 property taxpayers 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 -tax backed debt less self-supporting unlimited general obligations and self supporting limited tax general obligation debt. The direct debt is the total amount of the governmental activities from the "Ratios of Outstanding Debt by Type" Schedule. 269 Total net debt applicable to the limit as a percentage of debt limit 22.99% 16.81% 12.49% 15.26% 17.17% ' ORS 287A.100 provides a debt limit on general obligation bonds of 2% of the real market value of all taxable property within the County's boundaries. This became effective January 1, 2008 superseding ORS 287.054. 2 ORS 287A.105 provides a debt limit on full faith and credit bonds of 1% of the real market value of all taxable property within the County's boundaries. This became effective January 1, 2008 superseding ORS 287.053. (continued) 270 Deschutes County, Oregon Legal Debt Margin Information - Last Ten Fiscal Years (dollars in thousands) Legal Debt Margin Calculation for Fiscal Year 2015 Estimated Actual Value $ 25,361,937 Estimated Actual Value $ 25,361,937 Debt limit (2% of estimated actual value) ' 507,239 Debt limit (1% of estimated actual value) 2 253,619 Debt applicable to limit: Debt applicable to limit: General obligation bonds 5,337 Limited tax bonds 53,493 Total net debt applicable to limit 5,337 Less: Amount set aside for repayment of debt 262 Total net debt applicable to limit 53,231 Legal debt margin $ 501,902 Legal debt margin $ 200,388 Fiscal Year 2006 2007 2008 2009 2010 Debt Limit (2%) ' $ 418,854 $ 568,030 $ 738,802 $ 753,830 $ 663,510 Total net debt applicable to limit 42,336 38,929 35,264 31,345 27,141 Legal debt margin $ 376,518 $ 529,101 $ 703,538 $ 722,485 $ 636,369 Total net debt applicable to the limit as a percentage of debt limit 10.11% 6.85% 4.77% 4.16% 4.09% Debt Limit (1%) 2 $ 209,427 $ 284,015 $ 369,401 $ 376,915 $ 331,755 Total net debt applicable to limit 48,147 47,750 46,139 57,509 56,953 Legal debt margin $ 161,280 $ 236,265 $ 323,262 $ 319,406 $ 274,802 Total net debt applicable to the limit as a percentage of debt limit 22.99% 16.81% 12.49% 15.26% 17.17% ' ORS 287A.100 provides a debt limit on general obligation bonds of 2% of the real market value of all taxable property within the County's boundaries. This became effective January 1, 2008 superseding ORS 287.054. 2 ORS 287A.105 provides a debt limit on full faith and credit bonds of 1% of the real market value of all taxable property within the County's boundaries. This became effective January 1, 2008 superseding ORS 287.053. (continued) 270 Deschutes County, Oregon Legal Debt Margin Information — Last Ten Fiscal Years (dollars in thousands) Fiscal Year 2011 2012 2013 2014 2015 $ 470,544 $ 431,674 $ 420,044 $ 443,378 $ 507,239 22,618 17,765 12,260 7,844 5,337 $ 447,926 $ 413,909 $ 407,784 $ 435,534 $ 501,902 4.81% 4.12% 2.92% 1.77% 1.05% $ 235,272 $ 215,837 $ 210,022 $ 221,689 $ 253,619 53,806 52,137 49,647 56,121 53,231 $ 181,466 $ 163,700 $ 160,375 $ 165,568 $ 200,388 22.87% 24.16% 23.64% 25.32% 20.99% 271 Deschutes County, Oregon Pledged -Revenue Coverage — Last Ten Fiscal Years (dollars in thousands) 2015 Note: Details regarding the County's outstanding debt can be found in the notes to the financial statements. 272 Special Assessment Bonds - (Series 2000) Full Faith and Credit Obligations (Series 2003, 2005, 2007, 2009) Special Special Fiscal Assessment Debt Service Assessment Debt Service Year Collections Principal Interest Coverage Collections Principal Interest Coverage 2006 $ 158 $ 149 $ 15 0.96 $ 301 $ 349 $ 33 0.79 2007 43 60 7 0.64 206 176 18 1.06 2008 49 47 4 0.96 390 344 70 0.94 2009 26 30 1 0.84 381 223 46 1.42 2010 - - - - 259 299 71 0.70 2011 - - - - 258 263 48 0.83 2012 - - - - 207 175 36 0.98 2013 - - - - 221 183 27 1.05 2014 - - - - 151 177 19 0.77 2015 Note: Details regarding the County's outstanding debt can be found in the notes to the financial statements. 272 Sources: Population, personal income and per capita personal income information provided by Portland State University, Population Research Center and the Bureau of Economic Analysis. 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 July 1, 2014, reflect county population estimates available as of April 2015. Median age figures for 2006-2015 based on mid -year data tables. School enrollment is based on the census at the start of the 2014-15 school year. Unemployment rate information, reported as an annual average, is not seasonally adjusted. Unemployment rate for 2015 is an average of January through June 2015. n/a - Not available. 273 Deschutes County, Oregon Demographic and Economic Statistics — Last Ten Calendar Years Personal Per Income Capita Public (thousands Personal Median School Unemployment Year Population of dollars) Income Age Enrollment Rate 2006 135,590 4,996,527 33,522 39.45 22,668 4.6% 2007 143,316 5,391,673 35,057 39.79 23,652 4.9% 2008 150,113 5,635,347 35,728 40.15 24,421 7.1% 2009 154,920 5,705,290 35,966 39.95 24,578 15.3% 2010 157,211 5,756,539 36,449 40.21 24,106 14.8% 2011 157,905 5,946,037 37,084 40.46 24,437 13.5% 2012 158,875 6,239,199 38,448 40.29 24,168 11.8% 2013 160,140 6,547,882 39,456 40.43 24,518 10.8% 2014 162,525 n/a n/a 40.63 24,790 8.8% 2015 166,400 n/a n/a 40.82 25,302 6.3% Sources: Population, personal income and per capita personal income information provided by Portland State University, Population Research Center and the Bureau of Economic Analysis. 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 July 1, 2014, reflect county population estimates available as of April 2015. Median age figures for 2006-2015 based on mid -year data tables. School enrollment is based on the census at the start of the 2014-15 school year. Unemployment rate information, reported as an annual average, is not seasonally adjusted. Unemployment rate for 2015 is an average of January through June 2015. n/a - Not available. 273 Deschutes County, Oregon Principal Employers — Current Year and Nine Years Ago Total Employees of Principal Employers 10,797 Total County Nonfarm Employment 74,490 14.50% 9,068 11.68% 100.00% Sources: Deschutes County Finance Department, Economic Development for Central Oregon, and the Oregon Employment Department 274 2015 2006 Percentage of Percentage of Total County Total County Employer Employees Rank Employment Employees Rank Employment St. Charles Medical Center 2,838 1 3.81% 2,369 1 3.05% Bend/La Pine School District 1,937 2 2.60% 1,218 2 1.57% Deschutes County 1,044 3 1.40% 737 5 0.95% Sunriver Resort 900 4 1.21% 870 3 1.12% Redmond School District 819 5 1.10% 549 10 0.71% Mt. Bachelor 775 6 1.04% 750 4 0.97% Bend Memorial Clinic 652 7 0.88% 600 9 0.77% Central Oregon Community College 652 8 0.88% - - - IBEX (formerly TRG Solutions & !SKY) 595 9 0.80% 600 8 0.77% Consumer Cellular 585 10 0.78% - - - Columbia Aircraft Manufacturing 715 6 0.92% T -Mobile 660 7 0.85% Total Employees of Principal Employers 10,797 Total County Nonfarm Employment 74,490 14.50% 9,068 11.68% 100.00% Sources: Deschutes County Finance Department, Economic Development for Central Oregon, and the Oregon Employment Department 274 This page left intentionally blank. Deschutes County, Oregon Full -Time Equivalent County Government Employees by Function/Program -Last Ten Fiscal Years 2006 2007 2008 2009 2010 Function/Program General government Executive General services Judicial Financial Assessment Community development 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 Above amounts are for Primary Government 9.90 8.83 9.65 9.65 9.65 46.25 48.75 49.75 51.00 49.85 40.73 39.78 39.58 38.58 38.58 32.75 33.75 33.25 32.15 29.90 31.68 33.20 30.90 24.50 21.05 22.50 22.65 22.85 23.85 22.95 15.68 15.50 15.44 15.58 16.90 6.29 7.47 8.23 6.84 6.42 100.75 104.75 112.75 114.50 115.50 151.80 155.65 192.45 190.10 184.30 34.32 35.80 30.10 23.60 19.55 66.50 63.50 61.50 59.50 58.50 24.00 24.00 26.00 23.00 22.00 49.50 50.35 54.85 53.15 55.00 89.50 94.03 102.70 101.75 104.55 14.00 13.00 13.00 12.00 12.00 1.15 1.08 1.10 1.10 1.10 737.30 752.09 804.10 780.85 767.80 (continued) 276 Deschutes County, Oregon Full -Time Equivalent County Government Employees by Function/Program -Last Ten Fiscal Years 2011 2012 2013 2014 2015 Function/Program General government Executive General services Judicial Financial Assessment Community development 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 Departmen Above amounts are for Primary Government 9.65 8.80 8.75 8.75 8.75 46.45 47.35 50.10 48.10 51.10 38.43 36.68 33.83 34.71 37.53 30.00 30.50 30.75 31.00 30.00 17.50 17.50 15.60 17.30 19.30 21.95 21.95 23.45 22.30 22.80 14.90 16.00 15.70 15.50 15.25 6.42 6.32 5.62 4.47 3.72 111.75 108.15 109.46 105.75 108.75 182.68 178.40 176.54 181.50 180.60 11.00 11.10 10.00 12.70 14.70 57.50 56.50 48.75 52.75 51.50 21.75 19.75 21.00 21.50 22.00 70.10 71.55 67.90 68.77 66.80 118.80 128.55 135.80 154.00 166.25 11.00 10.00 10.00 10.00 10.00 1.10 1.10 1.00 1.00 0.00 770.98 770.20 764.25 790.10 809.05 277 Deschutes County, Oregon Operating Indicators by Function/Program -Last Ten Fiscal Years Function/Program General Government Building permits issued for new homes Total building permits issued Police Physical arrests Traffic violations Citations issued Warnings Calls for service Traffic stops Solid waste Solid waste collected (tons) Average annual per capita waste generation (pounds) Recyclables collected (tons) Road Street resurfacing (miles) 911 emergency services Emergency calls Police officer initiated calls Fire department initiated calls Fiscal Year 2006 2007 2008 2009 2010 847 701 331 176 109 1,958 1,753 1,222 797 636 1,715 1,586 1,508 1,542 1,592 5,936 5,486 6,165 4,811 3,566 6,275 5,623 7,481 6,842 5,091 37,077 37,677 36,731 35,243 33,315 12,467 11,023 15,606 14,744 12,856 243,986 247,652 257,863 253,418 207,515 3,056 3,111 3,379 3,152 2,485 55,400 62,523 69,717 75,825 65,116 14.06 10.13 10.62 23.53 29.11 68,403 70,104 66,004 59,793 57,978 235,629 244,633 261,420 251,675 242,851 18,478 19,461 19,828 20,820 19,980 Source: Deschutes County Community Development Department, Deschutes County Sheriffs Office, Deschutes County Solid Waste Department, Deschutes County Road Department, and 9-1-1 County Service District (continued) 278 Deschutes County, Oregon Operating Indicators by Function/Program -Last Ten Fiscal Years Function/Prouram General Government Building permits issued for new homes Total building permits issued Police Physical arrests Traffic violations Citations issued Warnings Calls for service Traffic stops Solid waste Solid waste collected (tons) Average annual per capita waste generation (pounds) Recyclables collected (tons) Road Street resurfacing (miles) 911 emergency services Emergency calls Police officer initiated calls Fire department initiated calls Fiscal Year 2011 2012 2013 2014 2015 104 127 218 327 355 613 643 811 988 1142 1,375 1,334 1,421 1,451 1,545 2,504 2,517 2,261 2,462 2,189 4,727 4,317 1,906 1,570 1,883 32,661 33,409 33,331 34,187 35,664 10,202 10,507 14,125 14,840 14,698 192,657 177,113 185,692 185,788 193,779 2,257 2,243 2,338 2,320 2,385 75,365 62,083 72,941 72,178 74,097 6.26 16.10 2.50 8.20 7.60 54,395 59,697 58,673 59,886 60,460 241,785 249,032 246,458 249,217 250,369 19,597 21,048 21,541 22,398 23,655 Source: Deschutes County Community Development Department, Deschutes County Sheriffs Office, Deschutes County Solid Waste Department, Deschutes County Road Department, and 9-1-1 County Service District 279 Deschutes County, Oregon Capital Asset Statistics by Function/Program —Last Ten Fiscal Years Sources: Deschutes County Road Department and the Deschutes County Sheriffs Office (continued) 280 2006 2007 2008 2009 2010 Function/Program Police Stations 4 4 4 4 4 Adult correctional facilities 1 1 2 2 2 Special services complex 1 1 1 1 1 Road Streets (miles) 904 911 927 927 927 Streetlights 4 4 4 4 4 Flashing lights 6 6 6 5 5 Signals 2 2 2 3 3 Sources: Deschutes County Road Department and the Deschutes County Sheriffs Office (continued) 280 Deschutes County, Oregon Capital Asset Statistics by Function/Program —Last Ten Fiscal Years Sources: Deschutes County Road Department and the Deschutes County Sheriffs Office 281 Fiscal Year 2011 2012 2013 2014 2015 Function/Program Police Stations 4 4 4 4 4 Adult correctional facilities 2 2 2 2 2 Special services complex 1 1 1 1 l Road Streets (miles) 927 927 927 927 927 Streetlights 4 4 4 4 4 Flashing lights 5 5 5 5 5 Signals 3 3 3 3 3 Sources: Deschutes County Road Department and the Deschutes County Sheriffs Office 281 Audit Comments and Disclosures Required by State Regulations June 30, 2015 Deschutes County, Oregon Deschutes County Audit Comments and Disclosures Required by State Regulations June 30, 2015 Oregon Administrative Rules 162-010-0000 through 162-010-0330 of the Minimum Standards for Audits of Oregon Municipal Corporations, prescribed by the Secretary of State in cooperation with the Oregon State Board of Accountancy, enumerate the financial statements, schedules, comments, and disclosures required in audit reports. The required statements and schedules are set forth in the preceding sections of this report. Required comments and disclosures related to the audit of such statements and schedules are set forth in the following pages. 283 EideBailly CPAs & BUSINESS ADVISORS Independent Auditor's Report Required by Oregon State Regulations To Deschutes County Commissioners Deschutes County, Oregon Bend, Oregon We have audited the basic financial statements of Deschutes County, Oregon (the County) as of and for the year ended June 30, 2015, and have issued our report thereon dated November 3, 2015. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the provisions of the Minimum Standards of Audits of Oregon Municipal Corporations, prescribed by the Secretary of State. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the basic financial statements are free from material misstatement. Compliance As part of obtaining reasonable assurance about whether the District's financial statements are free of material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grants, including provisions of Oregon Revised Statutes as specified in Oregon Administrative Rules 162-010-0000 through 162-010-0330, asset forth below, noncompliance with which could have a direct and material effect on the determination of financial statements amounts: t�7_\ci Section Instances of Non - Compliance Identified 162-010-0000 Preface Not Applicable 162-010-0010 Definitions Not Applicable 162-010-0020 General Requirements None noted 162-010-0030 Contracts None noted 162-010-0050 Financial Statements None noted 162-010-0115 Required Supplementary Information (RSI) None noted 162-010-0120 Supplementary Financial Information None noted 162-010-0130 Schedule of Revenues, Expenditures / Expenses, and Changes in Fund None noted Balances / Net Position, Budget and Actual (Each Fund) 162-010-0140 Schedule of Accountability for Independently Elected Officials Not Applicable 162-010-0150 Schedule of Property Tax Transactions or Acreage Assessments None noted 162-010-0190 Other Financial or Statistical Information None noted 162-010-0200 Independent Auditor's Review of Fiscal Affairs None noted 162-010-0230 Accounting Records and Internal Control None noted 162-010-0240 Public Fund Deposits None noted 162-010-0250 Indebtedness None noted 162-010-0260 Budget None noted 162-010-0270 Insurance and Fidelity Bonds None noted 162-010-0280 Programs Funded from Outside Sources None noted 162-010-0295 Highway Funds None noted 162-010-0300 Investments None noted 162-010-0310 Public Contracts and Purchasing None noted 162-010-0315 State School Fund Not Applicable 162-010-0316 Public Charter Schools Not Applicable 162-010-0320 Other Comments and Disclosures Not Applicable 162-010-0330 Extensions of Time to Deliver Audit Reports Not Applicable www.eiTe'bailly.com 877 W. Main St., Ste. 800 1 Boise, ID 83702-594 1 T 208.344.7150 1 F 208.344.7435 j EOE 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 test disclosed no instances of noncompliance that are required to be reported under Minimum Standards for Audits of Oregon Municipal Corporations, prescribed by the Secretary of State. Internal Control Over Financial Reporting In planning and performing our audit of the financial statements of the governmental activities, the business -type activities, each major fund, and the aggregate remaining fund information of the County as of and for the year ended June 30, 2015, in accordance with auditing standards generally accepted in the United States of America, we considered the County's internal control over financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the County's internal control. Accordingly, we do not express an opinion on the effectiveness of the County's internal control. Our consideration of internal control was for the limited purpose described in the preceding paragraph and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies and therefore material weaknesses or significant deficiencies may exist that were not identified. However, as discussed below, we identified certain deficiencies in internal control that we consider to be material weaknesses and other deficiencies that we consider to be significant deficiencies. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies in internal control, such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented, or detected and corrected, on a timely basis. We consider the following deficiency in the County's internal control, as described in the 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 on page 287, to be a material weakness: 2015-A — Correction of an Error in a Prior Period A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. The County's Response to Finding The County's response to the finding identified in our audit is described in the accompanying schedule of findings and questioned costs. The County's response was not subjected to the auditing procedures applied in the audit of the financial statements and, accordingly, we express no opinion on it. Purpose of this Report The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity's internal control or on compliance. This report is an integral part of an audit performed in accordance with Minimum Standards for Audits of Oregon Municipal Corporations, prescribed by the Secretary of State, in considering the entity's internal control and compliance. Accordingly, this communication is not suitable for any other purpose. For Eide Bailly LLP Boise, Idaho November 3, 2015 285 Single Audit Compliance June 30, 2015 Deschutes County, Oregon This page left intentionally blank. EideBailly CPAs & BUSINESS ADVISORS Independent Auditor's 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 To the Deschutes County Board of County Commissioners Deschutes County, Oregon Bend, Oregon We have audited, 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, the financial statements of the governmental activities, the business -type activities, each major fund, and the aggregate remaining fund information of Deschutes County, Oregon (the County) as of and for the year ended June 30, 2015 and the related notes to the financial statements, which collectively comprise the County's basic financial statements, and have issued our report thereon dated November 3, 2015. Internal Control over Financial Reporting In planning and performing our audit of the financial statements, we considered the County's internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the County's internal control. Accordingly, we do not express an opinion on the effectiveness of the County's internal control. Our consideration of internal control over financial reporting was for the limited purpose described in the preceding paragraph and was not designed to identify all deficiencies in internal control over financial reporting that might be material weaknesses or significant deficiencies and therefore, material weaknesses or significant deficiencies may exist that were not identified. However, as described in the accompanying schedule of findings and questioned costs, we identified a certain deficiency in internal control that we consider to be a material weakness. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented, or detected and corrected on a timely basis. We consider 2015-A — Correction of an Error in a Prior Period, described in the accompanying schedule of findings and questioned costs, to be a material weakness. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Compliance and Other Matters As part of obtaining reasonable assurance about whether the County's financial statements are free from 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. www.eidebailly.com 877 W. Main St., Ste. 800 1 Boise, ID 83702-596 1 T 208.344.7150 1 F 208.344.7435 1 EOE The County's Response to Findings The County's response to the finding identified in our audit is described in the accompanying schedule of findings and questioned costs. The County's response was not subjected to the auditing procedures applied in the audit of the financial statements and, accordingly, we express no opinion on it. Purpose of this Report The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity's internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity's internal control and compliance. Accordingly, this communication is not suitable for any other purpose. Boise, Idaho November 3, 2015 287 EideBailly CPAs & BUSINESS ADVISORS Independent Auditor's Report on Compliance for Each Major Federal Program; Report on Internal Control Over Compliance Required by OMB Circular A-133 To the Deschutes County Board of Commissioners Deschutes County, Oregon Bend, Oregon Report on Compliance for Each Major Federal Program We have audited Deschutes County, Oregon's (the County) compliance with the types of compliance requirements described in the OMB Circular A-133 Compliance Supplement that could have a direct and material effect on each of the County's major federal programs for the year ended June 30, 2015. The County's major federal programs are identified in the summary of auditor's results section of the accompanying schedule of findings and questioned costs. Management's Responsibility Management is responsible for compliance with the requirements of laws, regulations, contracts and grants applicable to its federal programs. Auditor's Responsibility Our responsibility is to express an opinion on the compliance for each of the County's major federal programs based on our audit of the types of compliance requirements referred to above. 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 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 the 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 on compliance for each major federal program. However, our audit does not provide a legal determination of the County's compliance. Opinion on Each Major Federal Program In our opinion, the County's complied, in all material respects, with the compliance requirements referred to above that could have a direct and material effect on each of its major Federal programs for the year ended June 30, 2015. Report on Internal Control over Compliance Management of the County is responsible for establishing and maintaining effective internal control over compliance with the compliance requirements referred to above. In planning and performing our audit of compliance, we considered the County's internal control over compliance with the types of requirements that could have a direct and material effect on each major federal program to determine the auditing procedures that are appropriate in the circumstances for the purpose of expressing an opinion on compliance for each major federal program and to test and report on internal control over compliance in accordance with OMB Circular A-133, but not for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, we do not express an opinion on the effectiveness of the County's internal control over compliance. www.eidebailly.com 877 W. Main St., Ste. 800 1 Boise, ID 83702-598 1 T 208.344.7150 1 F 208.344.7435 1 EOE A deficiency in internal control over compliance exists when the design or operation of a control over compliance does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, noncompliance with a type of compliance requirement of a federal program on a timely basis. A material weakness in internal control over compliance is a deficiency, or combination of deficiencies, in internal control over compliance, such that there is a reasonable possibility that material noncompliance with a compliance requirement will not be prevented, or detected and corrected, on a timely basis. A significant deficiency in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance with a type of compliance requirement of a federal program that is less severe than a material weakness in internal control over compliance, yet important enough to merit attention by those charged with governance. Our consideration of internal control over compliance was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. We did not identify any deficiencies in internal control over compliance that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. The purpose of this report on internal control over compliance is solely to describe the scope of our testing of internal control over compliance and the results of that testing based on the requirements of OMB Circular A-133. Accordingly, this report is not suitable for any other purpose. 4e" 'Z� '/' /—� Boise, Idaho November 3, 2015 289 Deschutes County, Oregon Schedules of Expenditures of Federal Awards June 30, 2015 See notes to the Schedule of Federal Expenditures (continued) Totals may not add due to rounding 290 Accrued or Accrued or Federal Award or Pass. Program or (Deferred) (Deferred) Federal Grantor / Pass Through CFDA Through Award Revenues July Revenues July Grantor / Program Title Number Number Amount 1, 2014 Receipts Expenditures 1, 2015 U.S. Department of Agriculture Direct Programs Forest Service Cooperative Forestry 13 -DG - Assistance -Bend Fuels 2013 10.664 11062752-709 219,125 74,866 124,670 96,987 47,183 Cooperative Forestry Assistance -Southern 14 -DG - Deschutes Fuels Project 10.664 11062752-733 175,300 - - 9,688 9,688 Schools and Roads -Public Education and Outreach for 11 -DG - Noxious Weed Control 10.665 11060120-005 74,100 9,508 18,722 9,214 - Schools and Roads -Public Education and Outreach for 14 -DG - Noxious Weed Control 10.665 11060120-041 23,750 - - 2,543 2,543 Collaborative Forest Restoration -Deschutes County Noxious Weed Cost Share 11 -DG - Program 10.679 11060120-009 66,880 9,438 18,116 8,678 - Pass Through Programs State Department of Education School Breakfast Program 10.553 0904001 6,462 562 6,445 6,462 579 National Lunch School Program 10.555 0904001 11,918 1,022 11,877 11,932 1,077 Oregon Health Authority Special Supplemental Nutrition Program for Women, Infants and Children 10.557 280559/280664 682,443 59,590 685,352 682,894 57,132 Watershed Research and Trainin Cg enter Cooperative Forestry Assistance -Fire Adapted Communities Learning Network 10.664 165_2014_102 24,000 24,000 24,000 State Department of Administrative Services Schools and Roads: Grants to States Title I 10.665 None 1,620,027 1,620,027 1,620,027 Title III 10.665 None 133,414 (253,041) 133,414 118,517 (267,938) Total Department of Agriculture 2,590,942 See notes to the Schedule of Federal Expenditures (continued) Totals may not add due to rounding 290 Deschutes County, Oregon Schedules of Expenditures of Federal Awards June 30, 2015 See notes to the Schedule of Federal Expenditures (continued) Totals may not add due to rounding 291 Accrued or Accrued or Federal Award or Pass. Program or (Deferred) (Deferred) Federal Grantor / Pass Through CFDA Through Award Revenues July Revenues July Grantor / Program Title Number Number Amount 1, 2014 Receipts Expenditures 1, 2015 U.S. Department of the Interior Pass Through Programs State Department of Administrative Services Non -Sale Disposals of Mineral Material 15.214 None 127,565 127,565 127,565 Distribution of Receipts to State and Local Governments 15.227 None 3,968 (25,739) 3,968 - (29,707) Total Department of the Interior 127,565 U.S. Department of Justice Direct Programs Violence Against Women Office Supervised Visitation: Safe 2013 -FL -AX - Havens for Children 16.527 K019 349,971 23,939 112,851 111,919 23,007 Grants to Encourage Arrest Policies and Enforcement of 2010 -WE -AX - Protection Orders Program 16.590 0038 599,904 33,875 73,624 39,749 - Grants to Encourage Arrest Policies and Enforcement of 2014 -WE -AX - Protection Orders Program 16.590 0055 299,820 - 50,391 73,084 22,693 Bureau of Justice Assistance State Criminal Alien 2014 -AP -BX - Assistance Program 16.606 0483 10,072 10,072 10,072 - Edward Byrne Memorial Justice Assistance Grant 2014 -DJ -BX - Program 16.738 0634 23,640 22,152 23,629 1,477 Pass Through Programs Department of Education Juvenile Accountability Block Grant 16.523 2012-6309 4,625 - 1,205 1,205 - State Department of Justice Crime Victim Assistance 16.575 00056 155,549 12,011 53,753 56,608 14,866 State Criminal Justice Commission Edward Byrne Memorial Justice Assistance Grant Program 16.738 GF -13-045 370,111 - Total Department of Justice 316,266 See notes to the Schedule of Federal Expenditures (continued) Totals may not add due to rounding 291 Deschutes County, Oregon Schedules of Expenditures of Federal Awards June 30, 2015 See notes to the Schedule of Federal Expenditures (continued) Totals may not add due to rounding 292 Accrued or Accrued or Federal Award or Pass. Program or (Deferred) (Deferred) Federal Grantor / Pass Through CFDA Through Award Revenues July Revenues July Grantor / Program Title Number Number Amount 1, 2014 Receipts Expenditures 1, 2015 U.S. Department of Transportation Pass Through Programs Oregon Department of Transportation Enhanced Mobility of Seniors and Individuals with Disabilities Individuals with Disabilities 20.513 29338 87,371 21,842 54,605 43,687 10,924 Total Department of Transportation 43,687 U.S. Environmental Protection Agency Direct Programs Office of Solid Waste and Emergency Response Brownfields Assessment and Cleanup Cooperative Agreements -RECOVERY 66.818 00780001 400,000 7,159 150,278 161,341 18,222 Pass Through Programs Oregon Health Authority State Public Water System Supervision 66.432 280557 31,493 2,612 46,510 46,505 2,607 Capitalization Grants for Drinking Water State Revolving Fund -RECOVERY 66.468 280655 23,463 2,610 26,073 23,463 - Total Environmental Protection Agency 231,309 U.S. Department of Health and Human Services Direct Programs Health Resources and Services Administration Affordable Care Act Grants for School -Based Health Center Capital Expenditures 93.501 C12CS21835 500,000 373,069 460,000 86,931 - Centers for Medicare and Medicaid Services Medical Assistance Program 93.778 936002292 66,758 - 54,634 66,758 12,124 Pass Through Programs Oregon Health Authority Public Health Emergency Preparedness 93.069 280619 109,421 11,108 109,586 109,421 10,943 Environmental Public Health and Emergency Response 93.070 280673 6,772 - 16,926 16,926 - ACA Personal Responsibility Education Program 93.092 280529 92,658 9,042 90,599 92,627 11,070 Project Grants and Cooperative Agreements for Tuberculosis Control Programs 93.116 280549 508 58 519 491 30 See notes to the Schedule of Federal Expenditures (continued) Totals may not add due to rounding 292 Deschutes County, Oregon Schedules of Expenditures of Federal Awards June 30, 2015 See notes to the Schedule of Federal Expenditures (continued) Totals may not add due to rounding 293 Accrued or Accrued or Federal Award or Pass. Program or (Deferred) (Deferred) Federal Grantor / Pass Through CFDA Through Award Revenues July Revenues July Grantor / Program Title Number Number Amount 1, 2014 Receipts Expenditures 1, 2015 U.S. Department of Health and Human Services (continued) Pass Through Programs (continued) Oregon Health Authority (continued) Projects for Assistance in Transition from Homelessness (PATH) 93.150 207001 106,572 - 106,572 106,572 - Family Planning: Services 93.217 280558 120,740 9,455 134,250 134,853 10,058 Linking Actions for Unmet Needs in Children's Health 93.243 280543 220,334 103,730 324,064 220,334 - Youth Suicide Prevention/Intervention 93.243 250050 268,613 (168,917) 45,800 136,864 (77,853) Immunization Cooperative Agreements 93.268 280540 600 - 600 600 Centers for Disease Control & Prevention Investigations and 280526/ Technical Assistance 93.283 280523 33,854 6,780 16,543 9,763 State and Local Public Health Actions to Prevent Obesity, Diabetes, Heart Disease and Stroke (PPHF) 93.757 280724 60,324 - 63,398 73,548 10,150 HIV Prevention Activities - Health Department Based 93.940 280501 17,679 2,120 18,232 17,679 1,567 Assistance Programs for Chronic Disease Prevention 280528/ and Control 93.945 280624 15,710 - 5,470 5,470 - Block Grants for Community Mental Health Services 93.958 112001 474,478 474,478 474,478 Block Grants for Prevention and Treatment of Substance Abuse 93.959 135001 352,031 - 352,031 352,031 - Maternal and Child Health Services Block Grant to States 93.994 180514 67,512 11,440 40,778 37,989 8,651 Pass Through Programs Oregon Department of Education Promoting Safe and Stable Families 93.556 936002292 38,291 10,474 24,872 18,783 4,385 Social Services Block Grant 93.667 936002292 16,708 30,707 47,415 16,708 - Total Department of Health and Human Services 1,978,826 See notes to the Schedule of Federal Expenditures (continued) Totals may not add due to rounding 293 Deschutes County, Oregon Schedules of Expenditures of Federal Awards June 30, 2015 See notes to the Schedule of Federal Expenditures Totals may not add due to rounding 294 Accrued or Accrued or Federal Award or Pass. Program or (Deferred) (Deferred) Federal Grantor / Pass Through CFDA Through Award Revenues July Revenues July Grantor / Program Title Number Number Amount 1, 2014 Receipts Expenditures 1, 2015 Department of Homeland Security Pass Through Programs Oregon State Marine Board Boating Safety Financial Assistance 97.012 2015 169,212 38,316 38,316 - Department of State Police Emergency Management Performance Grant 97.042 14-509 88,876 - 60,640 81,280 20,640 Emergency Management Performance Grant 97.042 13-509 85,370 21,294 21,294 - - Oregon Military Department State Homeland Security Program Grant 97.073 14-217 207,563 - 207,563 207,563 Total Department of Homeland Security 327,159 Office of National Drug Control Policy Pass Through Programs State Department of Justice High Intensity Drug Traffic Area (HIDTA) 1 95.001 None 8,251 267,073 269,888 11,066 Total Office of National Drug Control Policy 269,888 Total Federal Assistance $ 408,865 $ 6,357,323 $ 5,885,642 $ (62,816) 1 Expenditures include funds utilized by a fiduciary organization in the amount of $235,425. See notes to the Schedule of Federal Expenditures Totals may not add due to rounding 294 Deschutes County, Oregon Notes to the Schedule of Expenditures of Federal Awards Fiscal Year Ended June 30, 2015 Note 1 - Purpose of this Schedule The accompanying Schedule of Expenditures of Federal Awards is a supplementary schedule to Deschutes County, Oregon's (the County) basic financial statements and is presented for purposes of additional analysis. Because the schedule presents only a selected portion of the activities of the County, it does not present the financial position, changes in financial position, or the cash flows of the County. Note 2 - Significant Accounting Policies A. Reporting Entity The reporting entity is fully described in Note I.A. to the County's basic financial statements. The schedule includes all federal programs administered by the primary government for the fiscal year ended June 30, 2015. B. Basis of Presentation The information in the schedule is presented in accordance with OMB Circular A-133. C. Federal Financial Assistance Pursuant to the Single Audit Act and OMB Circular A-133, federal financial assistance is defined as assistance provided by a federal agency, either directly or indirectly, in the form of grants, contracts, cooperative agreements, loans, loan guarantees, property, interest subsidies, insurance, or direct appropriations. Accordingly, nonmonetary federal assistance, including federal surplus property, is included in federal financial assistance and is reported on the schedule (if applicable). Federal financial assistance does not include direct federal cash assistance to individuals. Solicited contracts between the County and the federal government for which the federal government procures tangible goods or services are not considered to be federal financial assistance. D. Major Programs The Single Audit Act and OMB Circular A-133 establish criteria to be used in defining major programs. Major programs are those programs selected for testing using a risk -assessment model, as well as certain minimum expenditure requirements, as outlined in OMB Circular A-133. Programs with similar requirements may be grouped into a cluster for testing purposes. E. Basis of Accounting Receipts and expenditures are accounted for using the modified accrual basis of accounting. Revenues are recorded when measurable and available, or in the case of grants where expenditure is the prime factor for determining eligibility, when the expenditure is made. Expenditures are recorded when a liability is incurred. Note 3 - Schedule of Federal Awards by Department and Program The Schedule of Expenditures of Federal Awards is organized by federal department and the organization the County contracted with; either the federal government (direct) or a non-federal entity (pass-through). As a result, total federal expenditures by Catalog of Federal Domestic Assistance (CFDA) number are not apparent. The Schedule of Federal Awards by Department and Program as of June 30, 2015, beginning on page 297, summarizes expenditures of federal awards by CFDA number regardless of who the County contracted with. 295 Deschutes County, Oregon Notes to the Schedule of Expenditures of Federal Awards Fiscal Year Ended June 30, 2015 Note 4 - Schedule of Federal Awards by Cluster The Schedule of Expenditures of Federal Awards contains various programs that are considered to be "clusters". As defined by OMB Circular A-133, a cluster of programs are those Federal programs with different CFDA numbers that are closely related and share common compliance requirements. The Schedule of Federal Awards by Cluster for the year ended June 30, 2015, on page 299, is provided to disclose this information. 296 Deschutes County, Oregon Notes to the Schedule of Expenditures of Federal Awards Schedule of Federal Awards by Department and Program Fiscal Year Ended June 30, 2015 Department / Program Title CFDA Number Expenditures U.S. Department of Agriculture School Breakfast Program 10.553 $ 6,462 National School Lunch Program 10.555 11,932 Special Supplemental Nutrition Program for Women, Infants, and Children 10.557 682,894 Cooperative Forestry Assistance 10.664 130,675 Schools and Roads - Grants to States 10.665 1,750,301 Collaborative Forest Restoration 10.679 8,678 Total Department of Agriculture 2,590,942 U.S. Department of the Interior Non -Sale Disposals of Mineral Material 15.214 127,565 Total Department of the Interior 127,565 U.S. Department of Justice Juvenile Accountability Block Grants 16.523 1,205 Supervised Visitation, Safe Havens for Children 16.527 111,919 Crime Victim Assistance 16.575 56,608 Grants to Encourage Arrest Policies and Enforcement of Protection Orders Program 16.590 112,833 State Criminal Alien Assistance Program 16.606 10,072 Edward Byrne Memorial Justice Assistance Grant Program 16.738 23,629 Total Department of Justice 316,266 U.S. Department of Transportation Enhanced Mobility of Seniors and Individuals with Disabilities 20.513 43,687 Total Department of Transportation 43,687 U.S. Environmental Protection AEenc State Public Water System Supervision 66.432 46,505 Capitalization Grants for Drinking Water State Revolving Funds 66.468 23,463 Brownfields Assessment and Cleanup Cooperative Agreements 66.818 161,341 Total Environmental Protection Agency 231,309 297 Deschutes County, Oregon Notes to the Schedule of Expenditures of Federal Awards Schedule of Federal Awards by Department and Program Fiscal Year Ended June 30, 2015 Department / Program Title CFDA Number Expenditures U.S. Department of Health and Human Services Public Health Emergency Preparedness 93.069 109,421 Environmental Public Health and Emergency Response 93.070 16,926 Affordable Care Act (ACA) Personal Responsibility Education Program 93.092 92,627 Project Grants and Cooperative Agreements for Tuberculosis Control Programs 93.116 491 Projects for Assistance in Transition from Homelessness (PATH) 93.150 106,572 Family Planning Services 93.217 134,853 Substance Abuse and Mental Health Services Projects of Regional and National Significance 93.243 357,198 Immunization Cooperative Agreements 93.268 600 Centers for Disease Control and Prevention Investigations and Technical Assistance 93.283 9,763 Affordable Care Act (ACA) Grants for School -Based Health Center Capital Expenditures 93.501 86,931 Promoting Safe and Stable Families 93.556 18,783 Social Services Block Grant 93.667 16,708 State and Local Public Health Actions to Prevent Obesity, Diabetes, Heart Disease and Stroke (PPHF) 93.757 73,548 Medical Assistance Program 93.778 66,758 HIV Prevention Activities Health Department Based 93.940 17,679 Assistance Programs for Chronic Disease Prevention and Control 93.945 5,470 Block Grants for Community Mental Health Services 93.958 474,478 Block Grants for Prevention and Treatment of Substance Abuse 93.959 352,031 Maternal and Child Health Services Block Grant to the States 93.994 37,989 Total Health and Human Services 1,978,826 Office of National Druz Control Policy High Intensity Drug Trafficking Areas Program 95.001 269,888 Total Office of National Drug Control Policy 269,888 U.S. Department of Homeland Securit Boating Safety Financial Assistance 97.012 38,316 Emergency Management Performance Grants 97.042 81,280 State Homeland Security Program Grant 97.073 207,563 327,159 Total Federal Assistance $ 5,885,642 298 Deschutes County, Oregon Notes to the Schedule of Expenditures of Federal Awards Schedule of Federal Awards by Cluster Fiscal Year Ended June 30, 2015 Federal Awards by Cluster Program CFDA Number Expenditures Child Nutrition Cluster Program School Breakfast Program National School Lunch Program Total Child Nutrition Cluster Program Forest Service Schools and Roads Cluster Program Schools and Roads - Grants to States Total Forest Service Schools and Roads Cluster Program Edward Byrne Memorial Justice Assistant Grant (JAG) Cluster Program Edward Byrne Memorial Justice Assistance Grant Program Total Edward Byrne Memorial Justice Assistant Grant (JAG) Cluster Program Transit Service Programs Cluster Program Enhanced Mobility of Seniors and Individuals with Disabilities Total Transit Service Programs Cluster Program Capitalization Grants for Drinking Water Cluster Program Capitalization Grants for Drinking Water State Revolving Funds Total Capitalization Grants for Drinking Water Cluster Program Medicaid Cluster Program Medical Assistance Program Total Medicaid Cluster Program 299 10.553 $ 579 10.555 1,077 1,656 10.665 1,750,301 1,750,301 16.738 23,629 23,629 20.513 43,687 43,687 66.468 23,463 23,463 93.778 66,758 66,758 Deschutes County, Oregon Schedule of Findings and Questioned Costs Fiscal Year Ended June 30, 2015 Section I - Summary of Auditor's Results Financial Statements Type of auditor's report issued: Unmodified Internal control over financial reporting: Material weaknesses identified? Yes Significant deficiencies identified not considered to be material weaknesses? None Reported Noncompliance material to financial statements noted? No Federal Awards Internal control over major programs: Material weaknesses identified? No Significant deficiencies identified not considered to be material weaknesses? None Reported Type of auditor's report issued on compliance for major programs: Unmodified Any audit findings disclosed that are required to be reported in accordance with Circular A-133, Section 510(a)? No Identification of major programs tested: Name of Federal Program CFDA Number U. S. Department of Agriculture Direct Programs Schools and Roads -Public Education and Outreach for Noxious Weed Control 10.665 U. S. Department of Health and Human Services Pass Through Programs Oregon Health Authority Block Grants for Community Mental Health Services 93.958 Dollar threshold used to distinguish between Type A and Type B programs: $300,000 Auditee qualified as low-risk auditee? Yes 300 Deschutes County, Oregon Schedule of Findings and Questioned Costs Fiscal Year Ended June 30, 2015 Section II - Financial Statement Findings 2015-A Corrections of an Error in a Prior Period Material Weakness Condition — In prior years, notes receivable were offset by a deferred inflow of resources, however notes receivable should be reported as a component of fund balance and classified accordingly. Criteria — GASB requires notes receivable to be reported as a component of fund balance. Cause — The County recorded the initial notes receivable incorrectly. Effect - The beginning fund balance for governmental funds were misstated. Recommendation — The County should continue to review significant balances to determine the balances are recorded properly. Management's Response — Corrective Action Plan (CAP) Actions Planned in Response to Finding — Continue to submit the County's CAFR to GFOA so that other reporting issues, if existing, are identified. Explanation of Disagreements — The County is in agreement with the finding. Official Responsible for Ensuring Corrective Action — Deschutes County Finance Director and Treasurer Planned Completion for Corrective Action — Issuance of County's CAFR as of and for the year ended June 30, 2015. Plan to Monitor Completion of Corrective Action — Review of the Statement of Net Position, Statement of Operating Activities, Balance Sheet and Statement of Revenues, Expenditures and Changes in Fund Balance to determine that all balances are reported in accordance with Generally Accepted Accounting Principles. 301 Deschutes County, Oregon Schedule of Prior Year Findings Fiscal Year Ended June 30, 2015 There were no findings or questioned costs for the fiscal year ended June 30, 2014. 302