Loading...
HomeMy WebLinkAbout911 Financial Statements - FINAL 1 Financial Statements For the Fiscal Year Ended June 30, 2022 Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Prepared by: Deschutes County Finance Department Robert Tintle - Chief Financial Officer Jana Cain, CPA - Accounting Manager -1- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Table of Contents June 30, 2022 INTRODUCTORY SECTION 3 List of Elected and Appointed Officials FINANCIAL SECTION 4 Report of Independent Auditors 8 Management’s Discussion and Analysis Financial Statements 13 Statement of Net Position 15 Statement of Activities 16 Balance Sheet – Governmental Funds – General Fund 17 Reconciliation of Governmental Funds Balance Sheet for the General Fund to the Statement of Net Position 18 Statement of Revenues, Expenditures, and Changes in Fund Balance – General Fund 19 Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balance of General Fund to the Statement of Activities 20 Notes to Financial Statements Required Supplementary Information 39 Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual – General Fund 40 Schedule of Proportionate Share of the Net Pension Liability (Asset) 41 Schedule of Employer Contributions 42 Schedule of Changes in Total OPEB Liability 43 Notes to Required Supplementary Information Other Supplementary Information 45 Schedule of Property Tax Transactions AUDIT COMMENTS AND GOVERNMENT AUDITING STANDARDS SECTIONS Government Auditing Standards 46 Report of Independent Auditors 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 Audit Comments 48 Audit Comments and Disclosures Required by State Regulations 49 Report of Independent Auditors Required by Oregon State Regulations   -2- List of Elected and Appointed Officials As of June 30, 2022 ELECTED OFFICIALS COUNTY COMMISSIONERS Patti Adair Philip Chang Anthony DeBone ASSESSOR Scot Langton DISTRICT ATTORNEY John Hummel SHERIFF Shane Nelson TREASURER (Interim Appointed) Wayne Lowry COUNTY CLERK Steve Dennison JUSTICE COURT Charles Fadeley APPOINTED OFFICIALS County Administrator – Nick LeLack County Counsel – David Doyle Chief Financial Officer (Interim) – Wayne Lowry County Internal Auditor – David Givans Administrative Offices 1300 NW Wall Street, Suite 200 Bend, Oregon 97703 -3- Report of Independent Auditors Deschutes County Commissioners Deschutes County 9-1-1 County Service District (A Component Unit of Deschutes County, Oregon) Bend, Oregon Report on the Audit of the Financial Statements Opinions We have audited the financial statements of the governmental activities and the major fund of the Deschutes County 9-1-1 County Service District (the District), a component unit of Deschutes County, Oregon, as of and for the year ended June 30, 2022, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements as listed in the table of contents. In our opinion, the accompanying financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities and the major fund of the District, as of June 30, 2022, and the respective changes in financial position for the year then ended in accordance with accounting principles generally accepted in the United States of America. Basis for Opinions We conducted our audit in accordance with auditing standards generally accepted in the United States of America (GAAS) and the standards applicable to financial audits contained in Government Auditing Standards (Government Auditing Standards), issued by the Comptroller General of the United States. Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the District and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions. Financial Reporting Entity As discussed in Note 1, the financial statements present only the District and do not purport to, and do not, present fairly the financial position of Deschutes County, Oregon as of June 30, 2022, or the changes in its financial position for the year then ended in accordance with accounting principles generally accepted in the United States of America. Our opinion is not modified with respect to this matter. Responsibilities of Management 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, and for 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. -4- Auditor’s Responsibilities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinions. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS and Government Auditing Standards will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements. In performing an audit in accordance with GAAS and Government Auditing Standards, we x Exercise professional judgment and maintain professional skepticism throughout the audit. x Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. x Obtain an understanding of internal control relevant to the audit 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 District's internal control. Accordingly, no such opinion is expressed. x Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements. We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control—related matters that we identified during the audit. Required Supplementary Information Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis, schedule of revenues, expenditures, and changes in fund balance – budget and actual – General Fund (budgetary comparison) schedule of proportionate share of the net pension liability (asset), schedule of employer contributions, schedule changes in total OPEB liability, and notes to required supplementary information, as listed in the table of contents, be presented to supplement the basic financial statements. Such information is the responsibility of management and, 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. -5- We have applied certain limited procedures to the management’s discussion and analysis 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 information 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 District’s basic financial statements. The budgetary comparison information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the basic financial statements. The budgetary comparison information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, isncluding 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 comparison information is fairly stated, in all material respects, in relation to the basic financial statements as a whole. Supplementary Information Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the District's basic financial statements. The schedule of property tax transactions, as listed in the table of contents, is presented for purposes of additional analysis and is not a required part of the basic financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the basic financial statements. The 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 schedule of property tax transactions is fairly stated, in all material respects, in relation to the basic financial statements as a whole. Other Information Management is responsible for the other information included in the financial statements. The other information comprises the introductory section but does not include the basic financial statements and our auditor’s report thereon. Our opinions on the basic financial statements do not cover the other information, and we do not express an opinion or any form assurance thereon. In connection with our audit of the basic financial statements, our responsibility is to read the other information and consider whether a material inconsistency exists between the other information and the basic financial statements, or the other information otherwise appears to be materially misstated. If, based on the work performed, we conclude that an uncorrected material misstatement of the other information exists, we are required to describe it in our report. -6- Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated December 22, 2022 on our consideration of the District'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 solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the District's 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 the District's internal control over financial reporting and compliance. Other Reporting Required by Minimum Standards for Audits of Oregon Municipal Corporations In accordance with the Minimum Standards for Audits of Oregon Municipal Corporations, we have also issued our report dated December 22, 2022, on our consideration of the District’s compliance with certain provisions of laws, regulations, contracts, and grant agreements, including the provisions of Oregon Revised Statutes as specified in Oregon Administrative Rules 162-010-0000 through 162- 010-0330 of the Minimum Standards for Audits of Oregon Municipal Corporations. 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. Amanda McCleary-Moore, Partner For Moss Adams LLP Eugene, Oregon December 22, 2022 -7- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Management’s Discussion and Analysis June 30, 2022 As management of Deschutes County 9-1-1 County Service District (the District), a component unit of Deschutes County, Oregon, we offer readers of the District's financial statements this narrative overview and analysis of the financial activities of the District for the fiscal year ended June 30, 2022. Financial Highlights x The assets and deferred outflows of resources of Deschutes County 9-1-1 County Service District exceeded its liabilities and deferred inflows of resources at June 30, 2022, by $11,939,397. Of this amount, $5,340,897 is unrestricted. x Total net position increased by $444,955, from June 30, 2021. x As of June 30, 2022, Deschutes County 9-1-1 County Service District's governmental funds reported a combined ending fund balance of $12,338,159 x As of June 30, 2022, the unassigned fund balance in the General Fund was $12,338,159, or 99% of total General Fund FY 2022 revenues. Overview of the Financial Statements This discussion and analysis is intended to serve as an introduction to Deschutes County 9-1-1 County Service District's basic financial statements. These basic financial statements comprise three components: 1) government- wide financial statements; 2) fund financial statements; and 3) notes to the financial statements. This report also contains other supplementary information in addition to the basic financial statements themselves. Government-wide Financial Statements The government-wide financial statements are designed to provide readers with a broad overview of Deschutes County 9-1-1 County Service District's finances, in a manner similar to a private-sector business. The Statement of Net Position presents information on all of the District's assets and deferred outflows of resources and liabilities and deferred inflows 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 9-1-1 County Service District is improving or deteriorating. The Statement of Activities presents information showing how the District's net position changed during the fiscal year ended June 30, 2022. 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, accrued property taxes and accrued vacation that will result in cash flows in future fiscal periods. Each of these government-wide financial statements, Statement of Net Position and Statement of Activities, show the functions of the District that are supported primarily by taxes and intergovernmental revenues (governmental activities). The governmental activity of the District is public safety. -8- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Management’s Discussion and Analysis June 30, 2022 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. The District, 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 the District is classified as governmental 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 Fund Balance Sheet for the General Fund to the Government-wide Statement of Net Position and a reconciliation from the Governmental Fund Statement of Revenues, Expenditures and Changes in Fund Balance of the General Fund to the Government-wide Statement of Activities have been included in this report. The District reported activity in one governmental fund during the Fiscal Year ended June 30, 2022. The District adopts an annual budget for its General Fund. A budgetary comparison statement has been provided for this fund to demonstrate compliance with the annual budget. 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. Government-wide Financial Analysis Net position, at a specific point in time, serves as a useful indicator of an entity's financial position. In the case of Deschutes County 9-1-1 County Service District, assets and deferred outflows of resources exceeded liabilities and deferred inflows of resources by $11,939,397 at June 30, 2022. Approximately 55%, or $6,598,500, of the District's net position represents its investment in capital assets. The District uses these capital assets to provide services to citizens and are, therefore, not available for future spending. -9- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Management’s Discussion and Analysis June 30, 2022 The remaining 45%, or $5,340,897, of Deschutes County 9-1-1 County Service District's net position may be used to meet the District’s on-going obligations to citizens and creditors. The District's net position increased by $444,955 during the fiscal year ended June 30, 2022. A comparison of the summarized government-wide statements to the prior year is as follows: June 30, 2022 June 30, 2021 Change Assets Current and other assets 12,619,897$ 11,359,650$ 1,260,247$ Capital assets 6,990,534 7,570,985 (580,451) Total assets 19,610,431 18,930,635 679,796 Deferred Outflows of Resources 3,251,644 3,034,445 217,199 Liabilities Current liabilities 70,734 15,981 54,753 Noncurrent liabilities 7,188,818 10,195,317 (3,006,499) Total liabilities 7,259,552 10,211,298 (2,951,746) Deferred Inflows of Resources 3,663,126 259,341 3,403,785 Net Position Investment in capital assets 6,598,500 7,570,985 (972,485) Unrestricted 5,340,897 3,923,457 1,417,440 Total net position 11,939,397$ 11,494,442$ 444,955$ Statements of Net Position -10- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Management’s Discussion and Analysis June 30, 2022 Governmental Activities Governmental activities, the only type of activity of Deschutes County 9-1-1 County Service District, increased net position by $444,955 during the Fiscal Year ended June 30, 2022. Financial Analysis of the District's Funds Deschutes County 9-1-1 County Service District uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. General Fund The focus of Deschutes County 9-1-1 County Service District's governmental funds are to provide information on near-term inflows, outflows and balances of spendable resources. Such information is useful in assessing Deschutes County 9-1-1 County Service District'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, 2022, $12,338,159 is the reported combined ending fund balance for Deschutes County 9-1-1 County Service District's governmental funds, an increase of $1,626,331 from June 30, 2021. This increase is due primarily to lower than expected expenditures and partially due to higher than anticipated property tax collections and charges for services. The unassigned fund balance as of June 30, 2022, for the General Fund is 113% of total General Fund Fiscal Year 2022 expenditures. Year Ended Year Ended June 30, 2022 June 30, 2021 Change Program revenues Charges for services 2,371,686$ 2,539,819$ (168,133)$ General revenues Property taxes 10,028,821 9,512,249 516,572 Investment earnings (losses)(298,842) 30,027 (328,869) Total revenues 12,101,665 12,082,095 19,570 Expenses Public safety 11,656,710 12,427,891 (771,181) Change in Net Position 444,955 (345,796) 790,751 Net Position, Beginning of Year 11,494,442 11,840,238 (345,796) Net Position, End of Year 11,939,397$ 11,494,442$ 444,955$ Statements of Activities -11- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Management’s Discussion and Analysis June 30, 2022 General Fund Budgetary Highlights Estimated revenues exceeded General Fund actual revenues by $872,755. Property taxes were $113,808 in excess of budget, due to conservative budgeting practices in the estimated taxable assessed value growth rate. The amount received for services was $68,521 less than estimated, and the amount received for intergovernmental revenue was $853,795 more than estimated. Capital Asset and Debt Administration Capital Assets Deschutes County 9-1-1 County Service District's investment in capital assets for its governmental activities as of June 30, 2022, is $6,598,500, net of accumulated depreciation and amortization. This investment in capital assets includes equipment, vehicles, intangibles and construction in progress on an upgrade to its Computer Aided Dispatch (CAD), communication systems and lease assets. Additional information on Deschutes County 9-1-1 County Service District's depreciable capital assets is included in Note 3. Information about amortizable lease assets is included in Note 4. Long-term Debt Deschutes County 9-1-1 County Service District has no long-term debt; therefore, the District has not been separately rated by any of the bond rating agencies. Key Economic Factors and Budgets Information for the Future x In May 2016, the voters approved authorization to form a new district upon withdrawal of territory from the existing District, effective July 1, 2017. Upon the withdrawal and formation, the assets and liabilities of the District were transferred to the new district. The permanent tax rate for the new District is higher than that of the former District thereby eliminating the need to rely on serial levies. x The District's Assessed Valuation of Taxable Property increased from fiscal year 2021 to fiscal year 2022 by 5.5% to approximately $28.9 billion. Request for Information This financial report is designed to provide a general overview to those parties interested in Deschutes County 9-1-1 County Service District's finances. Questions concerning any of the information provided in this report or requests for additional information should be addressed to Deschutes County Finance Department, 1300 NW Wall Street, Suite 200, Bend, Oregon 97703. -12- See Notes to Financial Statements Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Statement of Net Position June 30, 2022 Primary Government - Governmental Activities Assets Current Assets Cash and investments 11,919,964$ Property taxes receivable 153,850 Accounts receivable 474,745 Prepaid expense 71,339 Total current assets 12,619,897 Noncurrent Assets Construction in process 274,324 Land improvements 254,783 Equipment and vehicles 10,288,972 Intangible assets 2,881,889 Accumulated depreciation (7,095,200) Lease assets, net of accumulated amortization 385,766 Total capital assets 6,990,534 Total assets 19,610,431 Deferred Outflows of Resources Net pension liability: Differences between expected and actual experience 395,404 Changes in assumptions or other inputs 1,057,421 Changes in proportionate share 282,623 Contributions subsequent to the measurement date 785,809 Differences between employer contribution and employer's proportionate share of system contributions 461,059 Total OPEB liability: Differences between expected and actual experience 136,128 Changes in assumptions or other inputs 133,200 Total deferred outflows of resources 3,251,644 Total Assets and Deferred Outflows of Resources 22,862,075 -13- See Notes to Financial Statements Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Statement of Net Position June 30, 2022 Primary Government - Governmental Activities Liabilities Current liabilities - due within one year Accounts payable 70,734 Compensated leave 729,926 Noncurrent liabilities - due in more than one year Compensated leave 22,576 Lease payable 392,034 Net pension liability 4,224,106 Total OPEB liability 1,820,176 Total liabilities 7,259,552 Deferred Inflows of Resources Net pension liability: Changes in proportionate share 105,235 Net difference between projected and actual earnings on investments 3,127,073 Changes between employer's contributions and proportionate share of contributions 65,115 Changes in assumptions or other inputs 11,117 Total OPEB liability: Differences between expected and actual experience 146,719 Changes in assumptions or other inputs 207,867 Total deferred inflows of resources 3,663,126 Total Liabilities and Deferred Inflows of Resources 10,922,678 Net Position Investment in capital assets 6,598,500 Unrestricted 5,340,897 Total net position 11,939,397$ -14- See Notes to Financial Statements Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Statement of Activities Fiscal Year Ended June 30, 2022 Primary Government - Governmental Activities Expenses Public safety 11,656,710$ Program Revenues Charges for services 2,371,686 Net program expenses 9,285,024 General Revenues Property taxes levied for general purposes 10,028,821 Earnings (losses) on investments (298,842) Total general revenues 9,729,979 Change in Net Position 444,955 Net Position, Beginning of Year 11,494,442 Net Position, End of Year 11,939,397$ -15- See Notes to Financial Statements Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Balance Sheet – Governmental Funds - General Fund June 30, 2022 Assets Cash and investments 11,919,964$ Property taxes receivable 153,850 Accounts receivable 474,745 Total assets 12,548,558$ Liabilities Accounts payable 70,734$ Deferred Inflows of Resources Unavailable revenue - property taxes 139,665 Fund Balance Unassigned 12,338,159 Total fund balance 12,338,159 Total liabilities, deferred inflows of resources and f und balance 12,548,558$ -16- See Notes to Financial Statements Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Reconciliation of Governmental Funds Balance Sheet for the General Fund to the Statement of Net Position June 30, 2022 Fund Balance for Governmental Fund 12,338,159$ Amounts reported for governmental activities in the Statement of Net Position are different because: Some of the District's receivables will be collected after year-end, but are not currently available resources and, therefore, are unavailable in the General Fund. 139,665 Prepaid expenses are not financial resources and, therefore, are not reported in the fund.71,339 Capital assets used in governmental activities are not financial resources and, therefore, are not reported on the Balance Sheet. 6,604,768 Lease assets are not financial resources and therefore are not reported in the governmental funds. 385,766 Deferred outflows of resources Differences between expected and actual experience - pension liability 395,404 Change in assumptions and other inputs - pension liability 1,057,421 Changes in proportionate share - pension liability 282,623 Contributions to the pension plan subsequent to measurement date - pension liability 785,809 Differences between employer contribution and employer's proportionate share of system contributions - pension liability 461,059 Differences between expected and actual experience - OPEB liability 136,128 Change in assumptions and other inputs - OPEB liability 133,200 Compensated absences are reported as expenditures in the period paid and, therefore, are not reported as obligations on the Balance Sheet. (752,502) Lease payable is not recorded in the governmental funds, but rather is recognized as a liability in the Statement of Net Position. (392,034) Net pension liability is not due and payable in the current period and, therefore, is not reported on the Balance Sheet. (4,224,106) Other post-employment benefits are not due and payable in the current period and, therefore, are not reported on the Balance Sheet. (1,820,176) Deferred inflows of resources Changes in proportionate share - pension liability (105,235) Net difference between projected and actual earnings on investments - pension liability (3,127,073) Changes between employer contributions and proportionate share of contributions - pension liability (65,115) Change in assumptions and other inputs - pension liability (11,117) Differences between expected and actual experience - OPEB liability (146,719) Change in assumptions and other inputs - OPEB liability (207,867) Net Position of Governmental Activities 11,939,397$ -17- See Notes to Financial Statements Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Statement of Revenues, Expenditures and Changes in Fund Balance – General Fund Fiscal Year Ended June 30, 2022 Revenues Property taxes 10,032,387$ Investment earnings (losses)(298,842) Charges for services 568,797 Intergovernmental revenue 2,220,889 Total revenues 12,523,231 Expenditures Public safety 10,378,076 Capital outlay 518,824 Total expenditures 10,896,900 Net Change in Fund Balance 1,626,331 Fund Balance, Beginning of Year 10,711,828 Fund Balance, End of Year 12,338,159$ -18- See Notes to Financial Statements Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balance of General Fund to the Statement of Activities Fiscal Year Ended June 30, 2022 Net Change in Fund Balance - Total Governmental Fund 1,626,331$ Amounts reported for governmental activities in the Statement of Activities are different because: Some expenses reported in the Statement of Activities (e.g. the change in prepaid expenses, accrued compensated absences and total OPEB liability) do not require the use of current financial resources and, therefore, are not reported as expenditures. 94,530 Accounting for the District's defined benefit cost-sharing pension plan. Contributions to pension plan made subsequent to measurement date 39,411 Pension expense 78,734 Governmental funds report capital outlay as expenditures. However, in the Statement of Activities, the cost of those assets is allocated over their estimated useful lives and reported as depreciated expense. Capital outlay 298,624 Depreciation (1,264,841) Governmental funds report lease payable as expenditures. However, in the Statement of Activities, the cost of those assets is allocated over their estimated useful lives and reported as amortization expense. This is the amount by which amortization exceeded lease financing. (6,268) Revenue is recognized under the modified accrual basis of accounting only to the extent it has been collected within sixty days of year-end. On the accrual basis, Statement of Activities, such revenue is recognized regardless of when collected. (421,566) Total of reconciling items (1,181,376) Changes in Net Position of Governmental Activities 444,955$ -19- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Notes to Financial Statements June 30, 2022 Note 1 - Organization and Summary of Significant Accounting Policies The District The Deschutes County 9-1-1 Service District (the District), a component unit of Deschutes County, Oregon, was established under ORS 401.720 on April 13, 1988, for the purpose of providing emergency communication (9-1- 1) services for Deschutes County (the County). The County Board of Commissioners is the governing body of the District. Government-wide and Fund Financial Statements The government-wide financial statements (i.e., the Statement of Net Position and the Statement of Activities) report information on all of the activities of the government. Governmental activities, which normally are supported by taxes and intergovernmental revenues, are reported separately from business-type activities, which rely to a significant extent on fees and charges for support. The District has no business-type activities or fiduciary funds. 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. Measurement Focus, Basis of Accounting and Financial Statement Presentation The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded when a liability is incurred. Property taxes are recognized as revenues in the year for which they are levied. Grants and similar items are recognized as revenue as soon as all eligibility requirements imposed by the provider have been met. It is the District's policy to first apply restricted resources when an expense is incurred for purposes for which both restricted and unrestricted net position is available. 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 current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the District considers revenues to be available if they are collected within sixty days of the end of the current fiscal period. Revenues received after this period, are considered unavailable. Expenditures are recorded when a liability is incurred, as under accrual accounting. However, expenditures related to compensated absences and other post-employment benefits are recorded only when payment is due. Property taxes associated with the fiscal period are considered to be susceptible to accrual and so have been recognized as revenues of the current fiscal period. All other revenue items are considered to be measurable and available only when cash is received by the District. As a general rule, the effect of any interfund activity has been eliminated from the government-wide financial statements. -20- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Notes to Financial Statements June 30, 2022 The District reports the following governmental funds: General Fund - The General Fund is utilized to account for the transactions of the District. Property taxes and law enforcement contracts are its principal sources of revenue. Expenditures are for the operation and administration of the District. Budget Policy The District prepares a budget for all funds, which meets the requirements of state laws. The resolution authorizing appropriations for each fund sets the level by which expenditures cannot legally exceed appropriations. Appropriations are established on a programmatic basis. Budget categories are: public safety, debt service, transfers, and contingency. The detailed budget document contains 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 appropriations resolution. Original and supplemental budgets may be modified by the use of appropriation transfers between the levels of control. Appropriations lapse as of year-end. Reporting Entity The District's financial statements include the accounts of all District operations. The criteria for including organizations as component units with the District's reporting entity, as set forth in GASB 61, The Financial Reporting Entity: Omnibus, include whether: x The organization is legally separate (can sue and be sued in its own name). x The District holds the corporate powers of the organization. x The District appoints a voting majority of the organization's board. x The District is able to impose its will on the organization. x The organization has the potential to impose a financial benefit/burden on the District. x There is fiscal dependency by the organization on the District. There were no specific agencies which required consideration under criterion in the current fiscal year for inclusion in the District's reporting entity. Under the above criterion, the District is includable as a component unit of the financial statements of Deschutes County, since the District's governing board is comprised of the Deschutes County Commissioners. The District also has a seven-member executive board that oversees operations. Cash, Investments in External Investment Pool and Investment Income Cash and investments are comprised of funds held by the Deschutes County Treasurer in the County's cash and investment pool. The District’s cash and investments participate in this pool rather than specific, identifiable securities. The District’s share of County pooled cash and investments can be drawn upon demand, and therefore, the entire amount on deposit with the County is considered cash and cash equivalents. Interest earned on pooled investments is allocated monthly based on the District’s average daily balance in relation to the total investment pool. It is not practical to determine the investment risk, collateral, or insurance coverage for the District’s share of these pooled investments. This pool generally includes demand deposits, investments in the Oregon State Treasurer's Local Government Investment Pool (LGIP), obligations of the United States Treasury and United States Government agencies and instrumentalities, certain high-grade commercial paper and corporate bonds. This policy is in accordance with ORS 294.035 which specifies the types of investments authorized for municipal corporations. -21- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Notes to Financial Statements June 30, 2022 State statutes authorize the County to invest in obligations of the U.S. Treasury, commercial paper, corporate bonds, municipal bonds, banker’s acceptances, repurchase agreements, and the State Treasurer’s Local Government Investment Pool (LGIP). Investments for the County, as well as for its component units, are reported at fair value. The LGIP operates in accordance with appropriate state laws and regulations. Information about the pooled cash and investments is included in the County’s annual financial report and may be obtained by contacting the Deschutes County Finance Department, 1300 NW Wall Street, Suite 200, Bend, Oregon, 97703. Accounts Receivable The District considers all receivables as fully collectible; therefore, no allowance for uncollectible accounts has been established. Capital Assets Capital assets, which include land improvements, equipment, vehicles, intangibles and construction in progress are reported in the government-wide financial statements. In the governmental fund statements, capital assets are charged to expenditures as purchased. Capital assets are recorded at historical cost. Per GASB 72, Fair Value Measurement and Application, donated assets are recorded at acquisition value as of the date of the donation. Capital assets are defined by the District as assets with an initial cost of $5,000 or more and an estimated useful life greater than one year. Additions or improvements and other capital outlays that significantly extend the useful life of an asset, or that significantly increase the capacity of an asset are capitalized. Other costs incurred for repairs and maintenance are expensed as incurred. Major outlays for capital assets and improvements are capitalized as projects are constructed. Depreciation on exhaustible assets is recorded as an allocated expense in the Statement of Activities with accumulated depreciation reflected in the Statement of Net Position and is calculated on the straight-line basis over the following estimated useful lives: Lease Assets Lease assets are assets which the District leases for a term of more than one year. The value of leases is determined by the net present value of the leases at the County’s incremental borrowing rate at the time of the lease agreement, amortized over the term of the agreement. Deferred Outflows / Inflows of Resources In addition to assets, the Government-wide Statement of Net Position and/or the Governmental Fund Balance Sheet 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 assets that applies to future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then. Deferred outflows arising from the District’s participation in the Oregon Public Employees Retirement System (OPERS) comprise this statement element. Years 10 - 15 5 Asset Land improvements Equipment, vehicles and intangibles -22- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Notes to Financial Statements June 30, 2022 In addition to liabilities, the Government-wide Statement of Net Position and/or the Governmental Fund Balance Sheet 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 assets 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 District’s post-employment retirement plans, are reported on the Government-wide Statement of Net Position. Deferred inflows of resources are reported on the Governmental Fund Balance Sheet of the General Fund as a result of reporting using the modified accrual method. The government fund reports unavailable revenues from property taxes. These amounts are deferred and recognized as an inflow of resources in the period the amounts become available. Compensated Absences Accumulated vested vacation pay is accrued as it is earned. Accrued vacation payable is recorded at actual accrued hours times current pay rates plus related fringe benefits. The amount represents a reconciling item between the fund-level and government-wide presentations. Sick pay, which does not vest, is recognized when leave is taken. Pension Plans For purposes of measuring the net pension liability and pension expense, information about the fiduciary net position of the OPERS 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 of the plan are reported at fair value. Other Post-Employment Benefits Obligation (Total OPEB liability) The total OPEB liability is recognized as a long-term liability in the government-wide Statement of Net Position. The liability reflects the present value of expected future payments for post-employment benefits other than pension. Property Taxes/Unavailable Revenue Property taxes are assessed on a July 1 - June 30 fiscal year basis. The 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 attach as an enforceable lien July 1 and are considered delinquent if not paid by the following May 15. The Deschutes County Treasurer is the tax collection agent for the District. The District's FY 2022 tax levy was $10,298,825. Tax revenue is considered available for expenditure upon receipt by the County, which serves as the intermediary collecting agency. Uncollected property taxes are shown on the government funds balance sheet as receivables. Collections within sixty days subsequent to year-end have been accrued and the remaining taxes receivable are recorded as unavailable revenue on the modified accrual basis of accounting since they are not deemed available to finance operations of the current period. -23- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Notes to Financial Statements June 30, 2022 Fund Balance Reporting The Governmental Accounting Standards Board Statement No. 54, Fund Balance Reporting and Governmental Fund Type Definitions (GASB 54), defines the different types of fund balances that a governmental entity must use for financial reporting purposes. GASB 54 requires the fund balance amounts to be properly reported within one of the fund balance categories listed below: 1. Nonspendable such as fund balance associated with inventories, prepaids, long-term loans and notes receivable, and property held for resale (unless the proceeds are restricted, committed or assigned). 2. Restricted fund balance category includes amounts that can be spent only for specific purposes stipulated by constitution, external resource providers or through enabling legislation. 3. Committed fund balance classification includes amounts that can be used only for the specific purposes determined by a formal action of the District's governing board (the District’s highest level of decision- making authority). Once adopted, the limitation imposed by the ordinance remains in place until a similar action is taken (the adoption of another ordinance) to remove or revise the limitation. 4. Assigned fund balance classification is intended to be used by the government for specific purposes but do not meet the criteria to be classified as restricted or committed. Assignments are made by the District Administrator based on the District Governing Board’s direction. 5. Unassigned fund balance is the residual classification for the District’s general fund and includes all spendable amounts not contained in the other classifications. The District reduces restricted amounts first when expenditures are incurred for purposes for which both restricted and unrestricted (committed, assigned or unassigned) amounts are available. The District reduces committed amounts first, followed by assigned amounts and then unassigned amounts when expenditures are incurred for the purpose for which amounts in any of those unrestricted fund balance classifications could be used. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that effect certain reported amounts and disclosures. Accordingly, actual results could differ from these estimates. Tax Abatements The District participates in a number of property tax abatement programs. All such abatement programs are authorized by Oregon revised statutes or by local resolution or ordinance. Some programs are initiated by the District and others by other local governments and state agencies. As the amount of taxes abated during fiscal year 2022 is immaterial, no additional disclosure has been made. Note 2 - Cash and Investments As of June 30, 2022, the District had a deposit of $11,919,964 with the Deschutes County Treasurer. All of the District's deposits were adequately insured or collateralized by securities held by the pledging financial institution in the financial institution’s name during the year. -24- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Notes to Financial Statements June 30, 2022 Note 3 - Capital Assets Capital asset activity for the fiscal year ended June 30, 2022, is as follows: Note 4 - Lease Assets Lease asset activity for the fiscal year ended June 30, 2022, is as follows: Balance Balance June 30, 2021 Increases Decreases June 30, 2022 Construction in progress 99,843$ 174,481$ -$ 274,324$ Land improvements 254,783 - - 254,783 Software 2,881,889 - - 2,881,889 Equipment and vehicles 11,544,640 124,143 (1,379,811) 10,288,972 Total 14,781,155 298,624 (1,379,811) 13,699,968 Less accumulated depreciation Land improvements (118,293) (18,199) - (136,492) Software (1,964,829) (254,208) - (2,219,037) Equipment (5,127,048) (992,434) 1,379,811 (4,739,671) Total accumulated depreciation (7,210,170) (1,264,841) 1,379,811 (7,095,200) 7,570,985$ (966,217)$ -$ 6,604,768$ Balance July 1, 2021 Additions Reductions Balance June 30, 2022 Governmental Activities: Leased assets: Equipment 9,957$ -$ -$ 9,957$ Infrastructure 476,111 - - 476,111 Land 12,908 - - 12,908 Total leased assets 498,976 - - 498,976 Less accumulated amortization for: Equipment - (3,871) - (3,871) Infrastructure - (108,812) - (108,812) Land - (527) - (527) Total accumlated amortization - (113,210) - (113,210) Total leased assets being amortized, net 498,976 (113,210) - 385,766 -25- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Notes to Financial Statements June 30, 2022 Note 5 - Participation in Public Employees Retirement System Plan descriptions: Employees of the District 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 https://www.oregon.gov/pers/EMP/Pages/Actuarial-Financial-Information.aspx Benefits Provided Under the Programs Chapter 238-Tier One and Tier Two Chapter 238A-OPSRP-DB Pension Benefits The OPERS retirement allowance is payable monthly for life. The allowance may be selected from 13 retirement benefit options that are actuarially equivalent to the base benefit. These options include survivorship benefits and lump-sum refunds. The basic benefit is based on years of service and final average salary. A percentage (2.0 percent for Police and Fire employees, 1.67 percent for General Service employees) is multiplied by the number of years of service and the final average salary. Benefits may also be calculated under a formula plus an annuity (for members who were contributing before August 21, 1981,) or a money match computation if a greater benefit results. Monthly payments must be a minimum of $200 per month or the member will receive a lump-sum payment of the actuarial equivalent of benefits to which he or she is entitled. Under Senate Bill 1049, passed during the 2019 legislative session, the salary included in the determination of final average salary will be limited for all members beginning in 2021. The limit will be equal to $197,730 in 2021, and will be indexed with inflation in later years. The ORS 238A Defined Benefit Pension Program provides benefits to members hired on or after August 29, 2003. This portion of the OPSRP provides a life pension funded by employer contributions. Benefits are calculated with the following formula for members who attain normal retirement age: Police and fire: 1.8 percent is multiplied by the number of years of service and the final average salary. Normal retirement age for police and fire 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. Under Senate Bill 1049, passed during the 2019 legislative session, the salary included in the determination of final average salary will be limited for all members beginning in 2021. The limit will be equal to $197,730 in 2021, and will be indexed with inflation in later years. 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. -26- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Notes to Financial Statements June 30, 2022 Chapter 238-Tier One and Tier Two Chapter 238A-OPSRP-DB Disability Benefits A member with 10 or more years of creditable service who becomes disabled from other than duty-connected causes may receive a non-duty disability benefit. A disability resulting from a job-incurred injury or illness qualifies a member (including OPERS judge members) for disability benefits regardless of the length of OPERS- covered service. Upon qualifying for either a non- duty or duty disability, service time is computed to age 58 (55 for police and fire members) when determining the monthly benefit. A member who has accrued 10 or more years of retirement credits before the member becomes disabled or a member who becomes disabled due to job-related injury shall receive a disability benefit of 45 percent of the member’s salary determined as the last full month of employment before the disability occurred. Benefit Changes after Retirement Members may choose to continue participation in a variable equities investment account after retiring and may experience annual benefit fluctuations due to changes in the market value of equity investments. No ability to change. Cost of Living Adjustments Under ORS 238.360 monthly benefits are adjusted annually through cost-of-living changes (COLA). The cap on the COLA in Fiscal Year 2022 and beyond will vary based on the amount of the annual benefit. Under ORS 238A.210 monthly benefits are adjusted annually through cost-of-living changes. The cap on the COLA in Fiscal Year 2022 and beyond will vary 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 accumulate sufficient assets to pay benefits when due. This funding policy applies to the OPERS Defined Benefit Plan and the Other Postemployment Benefit Plans (RHIA). 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, 2019 actuarial valuation, which became effective July 1, 2021. 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, 2022 were $785,809, excluding amounts to fund employer specific liabilities, or employer specific side-accounts. The rates, presented as a percentage of covered payroll, for the County in effect for the fiscal year ended June 30, 2022 were: Chapter 238 - Tier One and Tier Two Chapter 238A - OPSRP-DB General Service 20.73% 17.22% Police and Fire 27.11% 21.58% -27- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Notes to Financial Statements June 30, 2022 Pension Liabilities, Pension Expense, Deferred Outflows of Resources and Deferred Inflows of Resources Related to Pensions At June 30, 2022, the County reported a liability of $4,224,106 for its proportionate share of the net pension liability. The net pension liability was measured as of June 30, 2021, and the total pension liability used to calculate the net pension liability was determined by an actuarial valuation as of December 31, 2019. 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: Normal Costs: 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. Unfunded Actuarial Liability Rate (UAL): If system assets are less than the actuarial liability, a 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 As the County’s share in the Oregon Public Employees Retirement System is 0.667%, which is an increase of 3.98% from its proportion presented on June 30, 2021. The County’s allocation to the District is 5.295%, a decrease of 0.02%, and the District’s share of OPERS is .035% which is an increase of 0.02% from the prior year. -28- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Notes to Financial Statements June 30, 2022 For the year ended June 30, 2022, the District recognized a pension expense of $775,642. At June 30, 2022, the District reports deferred outflows of resources and deferred inflows of resources related to pensions from the following sources. The District’s contributions made subsequent to the measurement date will be recognized in the District’s pension expense in the following year. The net amount of the District’s remaining deferred outflows of resources and deferred inflows of resources that will be recognized in the District’s pension expense in the subsequent five years in the aggregate are shown in the table below. Actuarial Assumptions The employer contribution rates effective July 1, 2021, through June 30, 2023, were set using the entry age normal actuarial cost method. For the Tier One / Tier Two component of the OPERS Defined Benefit Plan, this method produced an employer contribution rate consisting of (1) an amount for normal cost (the estimated amount necessary to finance benefits earned by the employees during the current service year), and (2) an amount for the amortization of unfunded actuarial accrued liabilities, which are being amortized over a fixed period with new unfunded actuarial accrued liabilities being amortized over 22 years. For the OPSRP Pension Program component of the PERS Defined Benefit Plan, this method produced an employer contribution rate consisting of (a) an amount for the normal cost (the estimated amount necessary to finance benefits earned by the employees during the current service year), (b) an actuarially determined amount for funding a disability benefit component, and (c) an amount for the amortization of unfunded actuarially accrued liabilities, which are being amortized over a fixed period with new unfunded actuarially accrued liabilities being amortized over 16 years. Deferred Outflow Deferred Inflow of Resources of Resources Net difference between projected and actual earnings on investments -$ 3,127,073$ Differences between expected and actual experience 395,404 - Changes in proportionate share 282,623 105,235 Changes of assumptions or other inputs 1,057,421 11,117 Changes between employer's contributions and proportionate share of contributions - 65,115 Contributions subsequent to measurement date 785,809 - Differences between employer contribution and employer's proportionate share of system contributions 461,059 - Total 2,982,316$ 3,308,540$ Amounts Subsequent fiscal years Reported 2022 - 2023 (103,193)$ 2023 - 2024 (143,046) 2024 - 2025 (293,187) 2025 - 2026 (683,859) 2026 - 2027 111,252 Total (1,112,033)$ -29- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Notes to Financial Statements June 30, 2022 A summary of the economic assumptions used for the December 31, 2019 actuarial valuation are shown below: 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 economic assumptions and estimates shown above are based on the experience study which reviewed experience for the four-year period ended December 31, 2018. 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 50th percentile. Valuation Date December 31, 2019 Measurement Date June 30, 2021 Experience Study Report 2018, published July 24, 2019 Actuarial assumptions: Actuarial cost method Entry Age Normal Inflation rate 2.40 percent Long-term expected rate of return 6.90 percent Discount rate 6.90 percent Projected salary increases 3.40 percent Cost of living adjustments (COLA) Blend of 2.00% COLA and graded COLA (1.25%/0.15%) in accordance with Moro Decision; blend based on service Mortality Healthy retirees and beneficiaries: Pub-2010 Healthy Retiree, sex distinct, generational with Unisex, Social Security Data Scale, with job category adjustments and set-backs as described in the valuation. Active members: Pub-2010 Employee, sex distinct, generational with Unisex, Social Security Data Scale, with job category adjustments and set-backs as described in the valuation. Disabled retirees: Pub-2010 Disable Retiree, sex distinct, generational with Unisex, Social Security Data Scale, with job category adjustments and set-backs as described in the valuation. -30- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Notes to Financial Statements June 30, 2022 The target allocation and best estimates of arithmetic real rates of return for each major class are summarized in the following table: *Based on the OIC Statement of Investment Objectives and Policy Framework for the Oregon Public Employees Retirement Fund, revised as of June 2, 2021. Discount Rate The discount rate used to measure the total pension liability was 6.90 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 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 6.90 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 (5.90 percent) or 1-percentage point higher (7.90 percent) than the current rate: 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 http://www.oregon.gov/pers. Asset Class Target Allocation * Rebalancing Rang e % Expected Annual Policy Return % Public Equity 32.50% 27.5 – 37.5 7.30% Private Equity 17.50% 14.0 – 21.0 9.20% Total Equity 50.00% 45.0 – 55.0 Fixed Income 20.00% 15.0 – 25.0 2.80% Risk Parity 2.50% 0.0 – 2.5 6.30% Real Estate 12.50% 9.5 – 15.5 7.00% Alternatives 15.00% 7.5 – 17.5 7.00% Total Fund 100.00% 6.90% 1% Decrease (5.90%) Current Discount Rate (6.90%) 1% Increase (7.90%) Employers' Net Pension Liability Employer-Specific 8,295,134$ 4,224,106$ 818,133$ -31- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Notes to Financial Statements June 30, 2022 Note 6 - Other Post-Employment Benefits The District participates in two OPEB plans to provide certain healthcare benefits to retirees. The first is a multi- employer cost sharing defined benefit plan administered by the Oregon Public Employees Retirement System known as the Retirement Health Insurance Account (RHIA). The second is a single employer defined benefit postemployment healthcare plan administered by the District known as the County Plan. OPEB Activity and Balances for the Year Ended June 30, 2022 (RHIA & County Plan) 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 $60 per month) toward the cost of Medicare companion health insurance premiums of eligible retirees. Oregon Revised Statute (ORS) 238.420 established this trust fund. Authority to establish and amend the benefit provisions of RHIA reside with the Oregon Legislature. The Plan is closed to new entrants hired on or after August 29, 2003. OPERS issues a publicly available financial report that includes financial statements and required supplementary information. That report may be obtained by writing to Oregon Public Employees Retirement System, PO Box 23700, Tigard, OR 97281-3700. The reports and other related schedules including plan assumptions, methods and plan provisions may also be found on the PERS website at https://www.oregon.gov/pers/EMP/Pages/GASB.aspx. RHIA County Plan Total Total OPEB Liability -$ 1,820,176$ 1,820,176$ Net OPEB Asset 92,305 - 92,305 Deferred Outflows Contributions subsequent to the measurement date 578 - 578 Changes in proportionate share 5,124 - 5,124 Differences between expected and actual experience - 136,128 136,128 Changes of assumption or other inputs 1,816 133,200 135,016 Deferred Outflows - Total 7,519 269,329 276,847 Deferred Inflows Net difference between projected and actual earnings on investments 21,936 - 21,936 Changes in proportionate share 31 - 31 Differences between expected and actual experience 2,568 146,719 149,287 Changes of assumption or other inputs 1,373 207,867 209,240 Deferred Inflows - Total 25,909 354,586 380,495 OPEB (Income) Expenses (11,585) 136,472 124,887 Category -32- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Notes to Financial Statements June 30, 2022 Contributions Participating public employers are contractually required to contribute to RHIA at a rate assessed each biennium by OPERS. For FY 2021, the rate is 0.06% of annual covered payroll for Tier 1/Tier 2 employees and 0.00% for OPSRP employees. The OPERS sets the net-retiree healthcare rate based on the estimated OPEB expense of the employer, an amount actuarially determined in accordance with the parameters of GASB Statement 75, Accounting and Financial Reporting for Postemployment Benefits Other Than Pensions. The OPEB expense represents the annual cost allocated to the current year (service cost) and the amortization of any unfunded accrued liabilities of the plan. The unfunded accrued liabilities are amortized over a closed period equal to the average of the expected remaining lives of all employees that are provided with OPEB through the OPEB plan (active employees and inactive employees). The District's contributions to RHIA were consistent with the net-retiree healthcare rate as charged by OPERS. The District paid $578 for RHIA during fiscal year 2022. Actuarial methods and assumptions for the RHIA plan mirror those of the PERS retirement system itself and can be found in Note 5 – Participation in Public Employees Retirement System. Healthcare cost trends are not applicable to this plan as the benefits are a fixed dollar amount per month. As the County’s share of the RHIA plan for FY 2021 is .53423581% and the County’s allocation to the District is 5.03%. The proportionate share for each employer participating in the Plan was determined by the actuaries based upon each employer’s contribution to the RHIA program during the measurement period. The District’s proportionate share declined to .02687956% from the prior measurement period. The following presents the District’s proportionate share of the net OPEB liability (asset) for the RHIA calculated using the discount rate of 6.90 percent, as well as what the District’s proportionate share of the net OPEB liability (asset) would be if it were calculated using a discount rate that is 1-percentage point lower (5.90 percent) or 1- percentage point higher (7.90 percent) than the current rate: The RHIA plan assets are included in the PERS retirement system cash management efforts. Information related to the PERS Plan assets investment allocations are included in Note 5 – Participation in Public Employees Retirement System included in these financial statements. The County’s contributions made subsequent to the measurement date will be recognized in the County’s OPEB expense in the following year. The net amount of the County’s share of the RHIA remaining deferred outflows of resources and deferred inflows of resources that will be recognized in the County’s OPEB expense in the subsequent four years in the aggregate are shown in the table below. 1% Decrease Current Discount Rate 1% Increase (6.20%) (7.20%) (8.20%) (81,630)$ (92,305)$ (101,423)$ Proportionate share of net RHIA OPEB liability (asset) Subsequent Fiscal Years FY 2023 (4,056)$ FY 2024 (2,975) FY 2025 (5,008) FY 2026 (6,929) Total (18,969)$ (prior to post-measurement date contributions) Deferred Outflow/(Inflow) of Resources -33- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Notes to Financial Statements June 30, 2022 Deschutes County Retiree Health Plan Plan Description The District participates in Deschutes County's 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 (COBRA) 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. Employees who retire from the County with more than fifteen (15) years and less than thirty (30) years of fulltime service are eligible to receive a County contribution towards their monthly insurance premiums until age sixty- five (65) or until eligible for Medicare, in accordance with a schedule recommended by the Employee Benefit Advisory Committee (EBAC) and approved by the Board of County Commissioners. The schedule of retiree premiums and County contributions is shown below for calendar year 2022. Active Employee Monthly Premiums:Standard Plan High Deductible Plan Dental Plan Composite Rate 1,462.13$ 890.78$ 162.44$ *Opt-out stipend is $125 to employee per month. 30+ Years of 1.0 FTE Service: Retiree Monthly Premiums (dental):Standard Plan Dental Plan Retiree Only 891.00$ 66.00$ Retiree + Spouse 1,783.00$ 133.00$ Retiree + Children 1,559.00$ 16.00$ Retiree + Family 2,451.00$ 182.00$ <30 Years of Service: Retiree Monthly Premiums:Standard Plan High Deductible Plan Dental Plan Years of Service: County Contribution per years of service: Retiree Only 891.00$ 704.00$ 66.00$ 0-14 -$ Retiree + Spouse 1,783.00$ 1,395.00$ 133.00$ 15-19 202.00$ Retiree + Children 1,559.00$ 1,221.00$ 16.00$ 20-24 406.00$ Retiree + Family 2,451.00$ 1,918.00$ 182.00$ 25-29 608.00$ COBRA Monthly Premiums:Standard Plan High Deductible Plan Dental Plan Employee Only 891.00$ 704.00$ 66.00$ Employee + Spouse 1,783.00$ 1,395.00$ 133.00$ Employee + Children 1,559.00$ 1,221.00$ 16.00$ Employee + Family 2,451.00$ 1,918.00$ 182.00$ 30+ Year Retiree cost share is $85 of Medical Plan and $5 of Dental Plan. COBRA participant pays 100% of premium. 2% Admin Fee is charged in addition to rates. Deschutes County Employee Benefit Plan Rates for January 1, 2022 - December 31, 2022 Rates Premium Cost Sharing Employee cost share is $85 of Medical Plan and $5 of Dental Plan. -34- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Notes to Financial Statements June 30, 2022 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 Total OPEB Liability of the plan and the annual OPEB expense 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 changes in the County’s Total OPEB Liability, presented as required supplementary information, presents trend information about whether the Total OPEB Liability is increasing or decreasing over time relative to the covered-employee payroll. The measurement date of the actuarial results presented is June 30, 2021. 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. Assumptions used in calculating the actuarial liabilities associated with the Deschutes County Retiree Health Plan include an assumed discount rate of 2.16%; an assumed inflation rate of 2.5% for all future years; an insurance premium annual trend rate of 5.00% into perpetuity; a retiree health claims annual trend rate of 5.00% into perpetuity; and retirement rates used by Oregon PERS adjusted for County trends. The 2.16% discount rate assumption is the June 30, 2022 rate in the 20-Year General Obligation Municipal Bond Index published by Bond Buyer. The annual salary increase for employees are assumed to be 3.50% in all future years. Rates of withdrawal and mortality are generally the same rates that were used in the December 31, 2018 actuarial valuation of the Oregon Public Employees Retirement System as referenced in the PERS footnote 4.C. The actuarial cost method used in the valuation of this plan is the Entry Age Normal Method. 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 service cost for that active employee. The sum of these individual service costs is the Plan’s Service Cost for the valuation year. The present value of benefits for current retirees plus the accumulated value of all prior service costs is the Total OPEB Liability. Under this method, the actuarial gains (losses), as they occur, reduce (increase) the Total OPEB Liability. The Deschutes County Retiree Health Plan is deemed “unfunded” in accordance with the relevant GASB statements. -35- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Notes to Financial Statements June 30, 2022 Changes in Total OPEB Liability Total OPEB liability for the District Plan as of the measurement date is presented below showing the sensitivity of that amount to a 1% higher and lower Discount rate and a 1% higher or lower Health Care trend rate. The net amount of the County’s deferred outflows of resources and deferred inflows of resources that will be recognized in the County’s OPEB expense in the subsequent five years, and in the aggregate, are shown in the table below. Category District Plan Total OPEB liability - beginning - 06/30/2021 1,838,708$ Changes for the year Service cost 122,384 Interest 36,547 Changes in assumptions or other inputs - Benefit payments (177,463) Net change in total OPEB liability (18,532) Total OPEB liability - ending - 06/30/2022 1,820,176$ 1% Decrease Current Discount 1% Increase (1.16%)Rate (2.16%) (3.16%) Total OPEB Liability on June 30, 2022 1,997,713$ 1,820,176$ 1,656,012$ Current Health Care 1% Decrease Trend Rates 1% Increase Total OPEB Liability on June 30, 2022 1,571,212$ 1,820,176$ 2,120,811$ Deferred Outflow/(Inflow) of Resources Subsequent fiscal years (prior to post-measurement date contributions) 2022 - 2023 (22,459)$ 2023 - 2024 (22,459) 2024 - 2025 (22,459) 2025 - 2026 (22,459) 2065 - 2027 4,578 Total (85,258)$ -36- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Notes to Financial Statements June 30, 2022 Note 7 - Risk Management The District is exposed to various risks of loss related to torts; theft of, damage and destruction of assets; errors and omissions; injuries to employees and others; and natural disasters for which the District participates in the County's self-insurance program. There have been no settlements in excess of insurance coverage and reserves in any of the past three fiscal years. Note 8 - Intergovernmental Agreement The District entered into an intergovernmental agreement with the County in fiscal year 2009. Under this agreement, the District is responsible to pay its share of debt incurred by the County, which was issued to finance the construction of a building to be used by the District for its operations. The future minimum payments under this agreement, subject to continued funding are as follows: Note 9 – Adoption of New Standard As of July 1, 2021, the District adopted GASB Statement No. 87, Leases (GASB 87). GASB 87 requires recognition of certain lease assets and liabilities for leases that previously were classified as operating leases and recognized as inflows of resources or outflows of resources based on the payment provisions of the contract. It establishes a single model for lease accounting based on the foundational principle that leases are financings of the right to use an underlying asset. Under GASB 87, a lessee is required to recognize a lease liability and an intangible right-to-use lease asset, and a lessor is required to recognize a lease receivable and a deferred inflow of resources, thereby enhancing the relevance and consistency of information about governments’ leasing activities. Lease where the maximum possible lease term is one year or less continue to be reported as operating leases. Leases that transfer ownership and contain no cancellation provisions are reported by the lessee and sale of an asset by the lessor. There was no impact to beginning net position or fund balance with the implementation of GASB 87. District as Lessee As a result of implementing GASB 87, the District has recognized an increase of $498,976 in both lease assets and lease payable as of July 1, 2021. The adoption of the new standard has no impact on the beginning net position of the District. Fiscal Year Ending June 30, 2023 175,895$ 2024 177,130 2025 173,068 2026 173,952 2027 169,838 2028 169,453 1,039,336$ Total -37- Required Supplementary Information For the Fiscal Year Ended June 30, 2022 Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon -38- See Notes to Required Supplementary Information Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Schedule of Revenues, Expenditures and Changes in Fund Balance – Budget and Actual – General Fund Fiscal Year Ended June 30, 2022 -39- See Notes to Required Supplementary Information Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Schedule of Proportionate Share of the Net Pension Liability (Asset) Oregon Public Retirement System Defined Benefit Pension Plan Last 7 Fiscal Years* *GASB Statement No. 68 requires ten years of information to be presented in this table. However, until a full 10- year trend is compiled, the District will present information for those use for which information is available. The amounts presented for each fiscal year was determined as of June 30. 2016 2017 2018 2019 2020 2021 2022 Proportionate of net pension liability (asset) 0.03% 0.03% 0.03% 0.03% 0.04% 0.03% 0.04% Proportionate share of the net pension liability (asset) 1,736,619$ $ 4,723,906 $ 4,667,224 $ 5,141,779 $ 6,267,240 $ 7,558,545 $ 4,224,106 Covered payroll 2,943,341$ $ 3,208,843 $ 3,644,740 $ 4,359,939 4,343,589$ 4,387,355$ 4,710,083$ Proportionate share of the net pension liability (asset) as a percentage of its covered payroll 59.00% 147.22% 128.05% 117.93% 144.29% 172.28% 89.68% Plan fiduciary net position as a percentage of the total pension liability 91.88% 80.53% 83.12% 82.07% 80.23% 75.79% 87.57% -40- See Notes to Required Supplementary Information Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Schedule of Employer Contributions Oregon Public Retirement System Defined Benefit Pension Plan Last 8 Fiscal Years* *GASB Statement No. 68 requires ten years of information to be presented in this table. However, until a full 10- year trend is compiled, the District will present information for those use for which information is available. The amounts presented for each fiscal year was determined as of June 30. 2015 2016 2017 2018 2019 2020 2021 2022 Contractually required contributions 225,456$ 287,456$ 319,262$ 519,614$ 519,818$ 716,449$ 746,398$ 785,809$ Contributions in relation to the contractually required contribution 225,456 287,456 319,262 519,614 519,818 716,449 746,398 785,809 Contribution deficiency (excess) - - - - - - - - District's covered payroll 2,943,341$ 3,208,843$ 3,644,740$ 4,359,939$ 4,343,589$ 4,387,355$ 4,710,083$ 4,512,720$ Contributions as a percentage of covered payroll 8.62% 9.72% 10.81% 11.92% 11.97% 16.33% 15.85% 17.41% -41- See Notes to Required Supplementary Information Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Schedule of Changes in Total OPEB Liability Last 5 Fiscal Years* *GASB Statement No. 75 requires ten years of information to be presented in this table. However, until a full 10- year trend is compiled, the District will present information for those years for which information is available. Data reported is measured as of July 1st of each fiscal year. 2018 2019 2020 2021 2022 105,011$ 77,870$ 78,267$ 126,203$ 122,384$ 68,868 68,855 47,975 29,510 36,547 (292,284) (696,769) (41,660) 274,351 - (85,419) (62,792) (59,320) (58,646) (177,463) (203,823) (612,836) 25,262 371,418 (18,532) 2,258,688 2,054,864 1,442,028 1,467,290 1,838,708 2,054,864$ 1,442,028$ 1,467,290$ 1,838,708$ 1,820,176$ 3,644,740$ 4,359,939$ 4,343,589$ 4,387,355$ 4,710,083$ Service cost Interest Changes in assumptions or other inputs Benefit payments Net change in total OPEB liability Total OPEB liability -beginning Total OPEB liability - endingCovered &RYHUHGHPSOR\HHpayroll Total OPEB liability as a percentage of covered HPSOR\HHpayroll 56% 33% 34% 42% 39% -42- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Notes to Required Supplementary Information June 30, 2022 Note 1 - Stewardship, Compliance and Accountability The District 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 fund – programmatic (personnel, materials and services, capital outlay), debt service, transfers to other funds and operating contingency. -43- Other Supplementary Information For the Fiscal Year Ended June 30, 2022 Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon -44- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Schedule of Property Tax Transactions Fiscal Year Ended June 30, 2022 Beginning Taxes Balance and Interest Receivable 2021-22 Levy Adjustments (Discounts) Collections June 30, 2022 2021-2022 10,298,825$ (5,580)$ (270,789)$ 9,932,382$ 90,074$ 2020-2021 92,916 (3,746) 2,988 57,931 34,227 2019-2020 38,637 (757) 2,455 20,885 19,450 2018-2019 19,648 (102) 3,093 17,053 5,586 2017-2018 6,735 (32) 1,277 6,075 1,905 2016-2017 1,475 (14) 340 1,011 790 2015-2016 (199) 9 264 718 (644) 2014-2015 648 11 55 138 576 2013-2014 306 (3) 11 26 288 Prior 1,723 (11) 107 221 1,598 Totals 10,460,714$ (10,225)$ (260,199)$ 10,036,440 153,850$ Adjustments for Accruals (18,657) 14,185 Other tax distribution 419 Modified accrual basis tax revenue 10,032,387$ June 30, 2021 June 30, 2022 Tax Year -45- Report of Independent Auditors 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 Deschutes County Commissioners Deschutes County 9-1-1 County Service District (A Component Unit of Deschutes County, Oregon) Bend, Oregon We have audited, in accordance with the 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 and the major fund of the Deschutes County 9-1-1 County Service District (the District), a component unit of Deschutes County, Oregon, as of and for the year ended June 30, 2022, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements, and have issued our report thereon dated December 22, 2022. Report on Internal Control Over Financial Reporting In planning and performing our audit of the financial statements, we considered the District’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 District’s internal control. Accordingly, we do not express an opinion on the effectiveness of the District’s internal control. 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 District's financial statements will not be prevented, or detected and corrected, on a timely basis. 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. Our consideration of internal control 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. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses or significant deficiencies may exist that were not identified. -46- Report on Compliance and Other Matters As part of obtaining reasonable assurance about whether the District’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 financial statements. 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. 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 District’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. Eugene, Oregon December 22, 2022 -47- Deschutes County 9-1-1 County Service District A Component Unit of Deschutes County, Oregon Audit Comments and Disclosures Required by State Regulations June 30, 2022 Audit Comments and Disclosures Required by State Regulations Oregon Administrative Rules 162-010-0000 through 162-010-0320 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 -48- Report of Independent Auditors Required by Oregon State Regulations Deschutes County Commissioners Deschutes County 9-1-1 County Service District (A Component Unit of 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 and the major fund of Deschutes County 9-1-1 County Service District (the District), a component unit of Deschutes County, Oregon, as of and for the year ended June 30, 2022, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements, and have issued our report thereon dated December 22, 2022. Compliance As part of obtaining reasonable assurance about whether the District’s basic financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, including provisions of Oregon Revised Statutes (ORS) as specified in Oregon Administrative Rules (OAR) 162-010-0000 to 162-010-0330, of the Minimum Standards for Audits of Oregon Municipal Corporations, noncompliance with which could have a direct and material effect on the financial statements. 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. We performed procedures to the extent we considered necessary to address the required comments and disclosures which included, but were not limited to, the following: x Accounting records and internal control x Public fund deposits x Budget x Insurance and fidelity bonds x Investments x Public contracts and purchasing In connection with our testing, nothing came to our attention that caused us to believe the District was not in substantial compliance with certain provisions of laws, regulations, contracts, and grant agreements, including the provisions of ORS as specified in OAR 162-010-0000 through 162-010-0330 of the Minimum Standards for Audits of Oregon Municipal Corporations. -49- Internal Control Over Financial Reporting In planning and performing our audit of the financial statements, we considered the District’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 District’s internal control. Accordingly, we do not express an opinion on the effectiveness of the District’s internal control. 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. 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. Our consideration of internal control 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. Given these limitations, during our audit we did not identify any deficiencies in internal control that we cons ider to be material weaknesses. However, material weaknesses or significant deficiencies may exist that have not been identified. 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. Accordingly, this communication is not suitable for any other purpose. This report is intended solely for the information and use of the County Commissioners and management of the District and the Oregon Secretary of State and is not intended to be and should not be used by anyone other than these parties Amanda McCleary-Moore, Partner For Moss Adams LLP Eugene, Oregon December 22, 2022 -50-