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HomeMy WebLinkAboutRoad AgencyDC Road Agency Presenters: Chris Doty, PE, Director ▪FY25 Proposed Budget Presentation: 715 Fund Budget Committee Meeting | May 23, 2024 Fund 715: Deschutes County Road Agency Federal PILT Allocation Methodology: Max PILT SRS (received by DC)* Total PILT Allocation to DC * Minor revenue via other federal programs also debited. Fund 715: Deschutes County Road Agency HB 2174 (2021 Legislative Session): Allows Counties to direct their SRS to a separate entity , such that SRS funding is no longer debited from the County’s maximum PILT allocation. Deschutes County establishes Deschutes County Road Agency as an Intergovernmental Entity to receive SRS revenue (from feds via State), such that . Max PILT $0 SRS* Total PILT Allocation to DC * Minor revenue via other federal programs continues to be debited. Fund 715: Deschutes County Road Agency Fund 715 is the Deschutes County Road Agency Budget Committee adopts budget for the Deschutes County Road Agency, an Intergovernmental Entity per ORS 190. $672,162 Revenue (assuming federal reauthorization of SRS for FFY 25) $672,162 Expense (transfer to 325 Fund) Additional realized PILT revenue (+$672,162 in FY 26 due to lag year) split evenly between General Fund and Road Department (Fund 325). Questions?