HomeMy WebLinkAboutFY 2024 Annual Comprehensive Financial ReportAnnual Comprehensive
Financial Report
FOR THE FISCAL YEAR ENDED JUNE 30, 2024
DESCHUTES COUNTY,
OREGON
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Annual Comprehensive Financial Report
For the Fiscal Year Ended June 30, 2024
Deschutes County, Oregon
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DESCHUTES COUNTY, OREGON
1300 NW Wall Street, Suite 200
Bend, Oregon 97703
https://www.deschutes.org
ANNUAL COMPREHENSIVE
FINANCIAL REPORT
For the Fiscal Year Ended June 30, 2024
Prepared by:
Deschutes County Finance Department
Robert Tintle, MPA
Chief Financial Officer
Jana Cain, CPA
Controller
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Deschutes County, Oregon
Table of Contents
For the Fiscal Year Ended June 30, 2024
INTRODUCTORY SECTION
Letter of Transmittal...................................................................................................................................................... 11
Organizational Chart ................................................................................................................................................. 19
Listing of Principal Officials ...................................................................................................................................... 22
GFOA Certificate of Achievement ................................................................................................................................ 24
FINANCIAL SECTION
Report of Independent Auditors ..................................................................................................................................... 27
Management’s Discussion and Analysis ..................................................................................................................... 32
Basic Financial Statements
Government-Wide Financial Statements
Statement of Net Position .................................................................................................................................... 49
Statement of Activities .......................................................................................................................................... 52
Fund Financial Statements: Governmental Funds
Balance Sheet ........................................................................................................................................................ 53
Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Position ................... 56
Statement of Revenues, Expenditures, and Changes in Fund Balances ....................................................... 57
Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of
Governmental Funds to the Statement of Activities .................................................................................... 60
Fund Financial Statements: Proprietary Funds
Statement of Net Position .................................................................................................................................... 61
Statement of Revenues, Expenses, and Changes in Net Position .................................................................. 63
Statement of Cash Flows ...................................................................................................................................... 64
Fund Financial Statements: Fiduciary Funds
Statement of Fiduciary Net Position ................................................................................................................... 65
Statement of Changes in Fiduciary Net Position .............................................................................................. 66
Notes to Financial Statements ................................................................................................................................. 67
Required Supplementary Information
Schedule of the Proportionate Share of the Net Pension Liability (Asset)......................................................... 123
Schedule of Net Pension Liability (Asset) Employer Contributions .................................................................... 125
Schedule of Changes in the County’s Total OPEB Liability .................................................................................. 127
Schedule of the Proportionate Share of the Net OPEB Liability (Asset) ............................................................. 128
Schedule of Net OPEB Liability (Asset) Employer Contributions ........................................................................ 129
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Deschutes County, Oregon
Table of Contents
For the Fiscal Year Ended June 30, 2024
Required Supplementary Information (Continued)
Schedule of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual
General Fund ....................................................................................................................................................... 130
Sheriff’s Office...................................................................................................................................................... 131
Countywide Law Enforcement District ............................................................................................................. 132
Rural Law Enforcement District ........................................................................................................................ 133
Road ...................................................................................................................................................................... 134
Health Services .................................................................................................................................................... 135
American Rescue Plan Act ................................................................................................................................. 136
Notes to Required Supplementary Information .................................................................................................. 137
Other Supplementary Information
Combining and Individual Fund Statements and Schedules – Major Funds
Major Governmental Funds and Sub-Funds – General Fund
Combining Balance Sheet
General Fund and Sub-Funds of General Fund ...................................................................................... 141
Combining Statement of Revenues, Expenditures, and Changes in Fund Balances
General Fund and Sub-Funds of General Fund ...................................................................................... 143
Schedule of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual
Economic Development (Sub-Fund of General Fund) ........................................................................... 145
Court Technology Reserve (Sub-Fund of General Fund) ....................................................................... 146
Assessor, Clerk and Tax Reserve (Sub-Fund of General Fund) ............................................................. 147
Project Development (Sub-Fund of General Fund) ................................................................................ 148
General County Projects (Sub-Fund of General Fund) .......................................................................... 149
General County Reserve (Sub-Fund of General Fund). ......................................................................... 150
Community Justice – Juvenile (Sub-Fund of General Fund) .................................................................. 151
Code Abatement (Sub-Fund of General Fund) ....................................................................................... 152
Vehicle Maintenance and Replacement (Sub-Fund of General Fund) ................................................. 153
Major Governmental Funds - Capital Project Funds
Schedule of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual
Road Capital Improvement Plan ............................................................................................................. 155
Schedule of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual
Campus Improvement ............................................................................................................................. 156
Major and Non-Major Proprietary Funds - Enterprise Funds
Schedule of Revenues, Expenditures, and Changes in Net Position – Budget and Actual
Solid Waste ................................................................................................................................................ 159
Fair and Expo Center ................................................................................................................................ 160
RV Park ....................................................................................................................................................... 161
RV Park Reserve (Sub-Fund of RV Park) ................................................................................................. 162
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Deschutes County, Oregon
Table of Contents
For the Fiscal Year Ended June 30, 2024
Other Supplementary Information (Continued)
Combining and Individual Fund Statements and Schedules – Nonmajor Funds
Nonmajor Governmental Funds
Combining Balance Sheet ................................................................................................................................ 165
Combining Statement of Revenues, Expenditures, and Changes in Fund Balances ............................... 166
Nonmajor Special Revenue Funds
Combining Balance Sheet ................................................................................................................................ 167
Combining Statement of Revenues, Expenditures, and Changes in Fund Balances ............................... 173
Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual
Justice Court ................................................................................................................................................ 181
Park Acquisition and Development.......................................................................................................... 182
Park Development Fees ............................................................................................................................. 183
County School ............................................................................................................................................. 184
Special Transportation ............................................................................................................................... 185
Taylor Grazing ............................................................................................................................................. 186
Transient Room Tax ................................................................................................................................... 187
Video Lottery ............................................................................................................................................... 188
Transient Room Tax – 1% .......................................................................................................................... 189
Foreclosed Land Sales ............................................................................................................................... 190
Victims’ Assistance. ..................................................................................................................................... 191
Law Library .................................................................................................................................................. 192
County Clerk Records ................................................................................................................................. 193
Court Facilities ............................................................................................................................................. 194
Deschutes County Communication System Reserve ............................................................................. 195
Community Development ........................................................................................................................ 196
CDD Groundwater Partnership ................................................................................................................ 197
Newberry Neighborhood .......................................................................................................................... 198
GIS Dedicated .............................................................................................................................................. 199
Natural Resource Protection ..................................................................................................................... 200
Federal Forest Title III ................................................................................................................................. 201
Surveyor ....................................................................................................................................................... 202
Public Land Corner Preservation .............................................................................................................. 203
Countywide Transportation SDC Improvement Fee .............................................................................. 204
Dog Control ................................................................................................................................................. 205
Adult Parole and Probation ....................................................................................................................... 206
Statewide Transportation Improvement ................................................................................................. 207
PERS Reserve ............................................................................................................................................... 208
Joint Houselessness Task Force ................................................................................................................ 209
Deschutes County 9-1-1 County Service District .................................................................................... 210
Extension and 4-H Service District ........................................................................................................... 211
Deschutes County Road Agency ............................................................................................................... 212
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Deschutes County, Oregon
Table of Contents
For the Fiscal Year Ended June 30, 2024
Other Supplementary Information (Continued)
Combining and Individual Fund Statements and Schedules – Nonmajor Funds (Continued)
Nonmajor Debt Service Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual
Full Faith and Credit Debt Service .......................................................................................................... 213
Internal Service Funds
Combining Statement of Net Position ............................................................................................................ 215
Combining Statement of Revenues, Expenses, and Changes in Fund Net Position ................................ 217
Combining Statement of Cash Flows .............................................................................................................. 219
Schedule of Revenues, Expenses, and Changes in Net Position – Budget and Actual
Facilities ....................................................................................................................................................... 221
Administrative Services.............................................................................................................................. 222
Board of County Commissioners ............................................................................................................. 223
Finance ......................................................................................................................................................... 224
Finance Reserve .......................................................................................................................................... 225
Legal ............................................................................................................................................................. 226
Human Resources ...................................................................................................................................... 227
Information Technology ............................................................................................................................ 228
Information Technology Reserve ............................................................................................................. 229
Insurance ..................................................................................................................................................... 230
Health Benefits ........................................................................................................................................... 231
Fiduciary Funds
Combining Statement of Fiduciary Net Position ........................................................................................... 233
Combining Statement of Changes in Fiduciary Net Position ...................................................................... 234
Other Financial Schedules
Schedule of Property Tax Transactions – All County Taxes ......................................................................... 237
Schedule of Long-Term Debt Principal Transactions ................................................................................... 238
Schedule of Long-Term Debt Interest Transactions .................................................................................... 239
Schedule of Future Debt Service Requirements of Pension Obligation Bonds ........................................ 240
Schedule of Future Debt Service Requirements of Full Faith and Credit Bonds and Direct
Borrowings – Governmental Activities ...................................................................................................... 241
Schedule of Future Debt Service Requirements of Full Faith and Credit Bonds and Direct
Borrowings – Business-Type Activities ...................................................................................................... 242
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Deschutes County, Oregon
Table of Contents
For the Fiscal Year Ended June 30, 2024
STATISTICAL SECTION
Statistical Section Contents ............................................................................................................................... 246
Financial Trends
Net Position by Component – Last Ten Fiscal Years ...................................................................................... 247
Changes in Net Position – Last Ten Fiscal Years ............................................................................................. 249
Fund Balances - Governmental Funds – Last Ten Fiscal Years ..................................................................... 253
Changes in Fund Balances - Governmental Funds – Last Ten Fiscal Years ................................................. 255
Revenue Capacity
Assessed Value and Estimated Actual Value of Taxable Property – Last Ten Fiscal Years ........................ 257
Direct and Overlapping Property Tax Rates – Last Ten Fiscal Years ............................................................ 259
Principal Property Taxpayers – Current Fiscal Year and Nine Years Ago .................................................... 261
Property Taxes Levies and Collections – Last Ten Fiscal Years .................................................................... 262
Debt Capacity
Ratios of Outstanding Debt by Type – Last Ten Fiscal Years ....................................................................... 263
Ratios of General Bonded Debt Outstanding – Last Ten Fiscal Years ........................................................ 265
Direct and Overlapping Governmental Activities Debt ................................................................................. 267
Legal Debt Margin Information – Last Ten Fiscal Years ................................................................................ 268
Demographic and Economic Information
Demographic and Economic Statistics – Last Ten Calendar Years ............................................................. 271
Principal Employers – Current Year and Nine Years Ago ............................................................................. 272
Operating Information
Full-Time Equivalent County Government Employees by Function/Program –
Last Ten Fiscal Years ..................................................................................................................................... 274
Operating Indicators by Function/Program – Last Ten Fiscal Years ........................................................... 275
Capital Asset Statistics by Function / Program – Last Ten Fiscal Years ...................................................... 277
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Deschutes County, Oregon
Table of Contents
For the Fiscal Year Ended June 30, 2024
AUDIT COMMENTS AND DISCLOSURES REQUIRED BY STATE REGULATIONS
Audit Comments and Disclosures Required by State Regulations............................................................. 280
Report of Independent Auditors Required by Oregon State Regulations ................................................. 282
SINGLE AUDIT SECTION
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 ................................................................................................................... 288
Report of Independent Auditors on Compliance for Each Major Federal Program and Report on
Internal Control Over Compliance as Required by the Uniform Guidance ......................................... 292
Schedule of Expenditures of Federal Awards ............................................................................................... 298
Notes to Schedule of Expenditures of Federal Awards ............................................................................... 302
Schedule of Findings and Questioned Costs ................................................................................................. 304
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Introductory Section
For the Fiscal Year Ended June 30, 2024
Deschutes County, Oregon
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1300 NW Wall Street, Bend, Oregon 97703
(541) 388-6565 Nick.lelack@deschutes.org www.deschutes.org
COUNTY ADMINISTRATOR NICK LELACK
December 4, 2024
To the Board of County Commissioners and Citizens of Deschutes County, Oregon:
We are pleased to submit the Annual Comprehensive Financial Report of Deschutes County, Oregon
(County) for the fiscal year ended June 30, 2024, together with the opinion of our independent certified
public accountants, Moss Adams LLP. This report, required by Oregon Revised Statutes (ORS 297.425), is
prepared by the Deschutes County Finance Department. This report is published to provide the Board of
County Commissioners, citizens, County staff, and other readers with detailed information about the
financial position and results of operations of the County, and to demonstrate fiscal and operational
accountability in the use of County resources. Also included are Audit Comments and Disclosures required
under the Minimum Standards for Audits of Oregon Municipal Corporations Section of the Oregon
Administrative Rules (OAR).
The report is prepared in conformance with the guidelines for financial reporting developed by the
Government Finance Officers Association of the United States and Canada and the principles established by
the Governmental Accounting Standards Board (GASB), including all effective GASB pronouncements. It
presents fairly the financial position of the various funds of the County as of June 30, 2024, and the results
of operations for the year then ended in conformity with accounting principles generally accepted in the
United States of America (US GAAP).
The report consists of management’s representations concerning the finances of the County. Consequently,
management assumes full responsibility for the completeness and reliability of all information presented in
this report. To provide a reasonable basis for making these representations, County management has
established a comprehensive internal control framework that is designed both to protect the County’s
assets from loss, theft, or misuse and to compile sufficient reliable information for the preparation of the
County’s financial statements. Because the cost of internal control should not outweigh its benefits, the
County’s comprehensive framework of internal controls has been designed to provide reasonable assurance
that the financial statements will be free from material misstatement. As management, we assert that, to
the best of our knowledge and belief, this financial report is complete and reliable in all material respects.
In addition, the County is required to have a comprehensive single audit of its Federal Assistance Programs
in accordance with the Single Audit Act, Office of Management and Budget (OMB) Compliance Supplement
and the provisions of Government Auditing Standards promulgated by the U.S. Comptroller General as they
pertain to the financial and compliance audits. The report on the County’s compliance with applicable
Federal laws and regulations related to the Single Audit Act, OMB Compliance Supplement is included with
this report beginning on page 290.
Accounting principles generally accepted in the United States of America require that management provide
a narrative introduction, overview, and analysis to accompany the basic financial statements in the form of
Management Discussion and Analysis (MD&A).
This letter of transmittal is designed to complement the MD&A and should be read in conjunction with it.
Deschutes County’s MD&A can be found immediately following the independent auditors’ report.
Profile of the County
Deschutes County, formed in 1916, is in the
heart of Central Oregon, between the towering
Cascade Mountain Range to the west and the
high desert plateau to the east, and is the
outdoor recreation capital of Oregon. The
county encompasses 3,055 square miles of
scenic beauty, mild climate, diverse recreational
opportunities, and a growing economy. From
humble beginnings, Deschutes County now
experiences the most rapid population growth
of any county in Oregon. It has developed into a
bustling, exciting destination where progress,
growth and unique beauty intertwine.
The County has three full-time commissioners, who are elected at-large to serve four-year terms. Daily
administrative duties are overseen by an appointed County Administrator, while the Board of County
Commissioners sets policy, adopts the annual budget, and passes ordinances in accordance with state law.
The County provides a full range of services including sheriff’s patrol, investigative and correction services,
construction and maintenance of roads and bridges, property assessment, tax collection, public and
behavioral health services, land use planning, building permitting and inspections, prosecution of criminals,
veterans services, justice court, parole and probation, election services, records maintenance, and operation
of a landfill, a fair and expo center, and an RV park.
Blended component units, although legally separate entities, are, in substance, part of Deschutes County’s
operations and are included as part of Deschutes County. Accordingly, the Countywide Law Enforcement
District, Rural Law Enforcement District, Deschutes County 9-1-1, Deschutes County Extension and 4-H, and
Deschutes County Road Agency are reported as special revenue funds of Deschutes County.
The County utilizes a budget committee, consisting of the three elected commissioners and an equal
number of citizens-at-large, to review and approve the proposed budget for each fiscal year. The annual
budget serves as the foundation for Deschutes County’s financial planning and control. The appropriated
budget is prepared and adopted for all County funds as required by Oregon Local Budget Law (ORS
Chapters 294.305-294.565). The board order adopting the budget establishes appropriations for
expenditures within each fund, which cannot legally be exceeded. Budget-to-actual comparisons are
provided in this report for each individual governmental and proprietary fund for which an appropriated
annual budget has been adopted. For the General Fund and the major special revenue funds, this
comparison is presented as part of the required supplementary information. All other funds are presented
in a subsection of this report “Combining and Individual Fund Statements and Schedules”.
Local Economy
Deschutes County is the outdoor recreation capital of Oregon. With snow-capped peaks dominating the
skyline to the west and the wide-open high desert extending to the east, the beauty and uniqueness of
Deschutes County captures the awe of locals and visitors alike. Deschutes County is a bustling, exciting place
where progress and growth are hallmarks.
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Beginning in the early 1990s, Deschutes County experienced rapid population growth. This growth is
believed to be largely due to the area’s invigorating climate and year-round recreation activities. According
to the Portland State Population Research Center (Oregon Population Forecast Interpolation Program), the
population was estimated to be 212,141, as of July 1, 2024, an increase of approximately 34% since 2010,
and is projected to exceed 300,000 before 2050. Recreational activities include downhill and cross-country
skiing, snowboarding, fishing, hunting, hiking, trail running, rock-climbing, road and mountain biking,
mountain climbing, river floating, whitewater rafting and golfing. Deschutes County is the host of diverse
annual events including the Bend Venture Conference, Sunriver Music Festival, Sisters Outdoor Quilt Show,
Cascade Children’s Festival/Balloons over Bend, Sisters Rodeo, WinterFest and Bend Film Festival.
Historically, Deschutes County was dominated by wood product manufacturing. However, the local
economy has undergone significant changes in the last three decades. Now dominated by retail trade,
healthcare and tourism, Deschutes County attracts visitors and consumers from neighboring counties and
around the state. The top ten largest employers in Deschutes County are listed in the table below.
Source: Economic Development for Central Oregon
According to the State of Oregon Employment
Department, Deschutes County’s
unemployment rate in June 2024 was 3.7
percent, slightly lower from 3.8 percent in June
2023, and lower than the statewide rate of 4.1
percent. The unemployment rate has dropped
significantly from the pandemic levels of 16.6
percent in April 2020.
Rank Employer
Number of
Employees Type of Business
1 St. Charles Health System 4,565 Healthcare
2 Bend-La Pine School District 2,300 Educati o n
3 Deschutes County 1,243 Government
4 Mt. Bachelor 1,117 Accomodation & Recreation
5 Sunriver Resort 950 Accomodation
6 Redmond School District 919 Education
7 Central Oregon Community College 830 Education
8 Safeway (Includes Albertsons)810 Retail
9 City of Bend 763 Government
10 Summit Health 736 Healthcare
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Select industry gains and losses over-the-year for net
employment change in Deschutes County indicates
private education and health services jobs realized
the largest increase while leisure and hospitality
experienced the greatest job loss, followed by total
nonfarm employment.
In Fiscal Year 2024, the County’s assessed valuation
of taxable property increased by 5.67%,
approximately $1.7 billion, to a total of $30.2 billion.
Formerly a region dependent on wood products,
Deschutes County has steadily diversified its
employment and economic base. For the past three
decades, Deschutes County has experienced growth
in the technology sector and is home to award
winning craft breweries. Numerous companies from
the Silicon Valley, Portland-Vancouver Metro and
Puget Sound have relocated or expanded here. Many
of these firms are small but extremely innovative,
producing niche-market products from
semiconductors to software, medical instruments to recreational equipment. Tourism in Deschutes County
contributes to the diversified economy due to the abundance of year-round recreational activities. The
County is home to a major medical center, Central Oregon’s largest employer, designated as a Level II
Trauma Center with over 350 active medical staff members.
Financial Policies
The County has established policies which are reviewed and adopted annually by the Board of County
Commissioners in conjunction with the budget process. The County recognizes the need to ensure that it is
capable of adequately funding and providing County services needed by the community on a sustainable
basis.
The Board acknowledges that to maintain a prudent level of financial resources to protect against the need
to reduce service levels or raise taxes (voter-approved local option levy) and fees due to temporary revenue
shortfalls or unforeseeable one-time expenditures, the County strives to maintain a working capital balance
in each fund, based on the function of that fund. For most operating funds, the level is 8.3% (one month) of
the fund’s operating budget. For funds with property taxes as a significant portion of revenues, the level is
one-third (four months) of estimated annual property tax collections.
Long-Term Financial Planning
Deschutes County’s focus on long-term financial planning begins with policies to guide both current and
future decision making. The policies are intended to support the County’s goals and objectives, and provide
guidance in day-to-day operations to ensure overall long-term financial stability. Long-term strategic and
financial planning is an important part of ensuring excellent service and stewardship of taxpayer resources.
Each fiscal year, the County updates resource and requirement forecasts for major operating funds for the
next five years and annually develops a five-year Capital Improvement Program (CIP) for major projects
related to the acquisition, expansion or rehabilitation of the County's buildings, equipment, parks, streets
and other public infrastructure. These estimates are presented to the Budget Committee to facilitate budget
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decisions and strategic planning, based on a multi-year perspective. Revenue estimates are established each
year in a realistic and prudent manner using objective and analytical approaches. Revenue forecasts assess
the full spectrum of resources that can be allocated for public services. The County will not respond to long-
term revenue shortfalls with deficit funding or borrowing to support ongoing operations. Once working
capital balances have reached policy levels, expenses are reduced to conform to long-term revenue
forecasts and/or revenue increases are considered.
Overall, the County’s long-term financial planning efforts are focused on maintaining a structurally balanced
budget, ensuring that recurring expenditures are at or below recurring revenues which ultimately provides
that one-time revenues are available for one-time expenditures or projects.
Major Initiatives
The County continues to focus on implementing a five-year capital improvement plan. Capital spending of
$67 million, including County service districts, is included in the FY 2025 adopted budget. The capital budget
includes facility and transportation system improvements, capital equipment additions and replacements
for various departments, technology improvements and other routine department level capital
expenditures intended to support the delivery of services. Major projects include $31.4 million for the
courthouse expansion project, $16.2 million in transportation improvements and $4.2 million in Solid Waste
improvements. The total capital budget for FY 2025 is $1.4 million more than FY 2024 adopted budget.
The Board of County Commissioners establishes the goals and objectives to guide department operations
each year. Through the following Fiscal Year 2025 Goals and Objectives, the County embraces its mission of
“enhancing the lives of citizens by delivering quality services in a cost-effective manner”:
SAFE COMMUNITIES: Protect the community through planning, preparedness and delivery of coordinated
services.
• Provide safe and secure communities through coordinated public safety and crisis management
services.
• Reduce crime and recidivism and support victim restoration and well-being through equitable
engagement, prevention, reparation of harm, intervention, supervision and enforcement.
• Collaborate with partners to prepare for and respond to emergencies, natural hazards and
disasters.
HEALTHY PEOPLE: Enhance and protect the health and well-being of communities and their residents.
• Support and advance the health and safety of all Deschutes County’s residents.
• Promote well-being through behavioral health and community support programs.
• Ensure children, youth and families have equitable access to mental health services, housing,
nutrition, childcare, and education/prevention services.
• Help to sustain natural resources and air and water quality in balance with other community needs.
• Apply lessons learned from pandemic response, community recovery, and other emergency
response events to ensure we are prepared for future events.
A RESILIENT COUNTY: Promote policies and actions that sustain and stimulate economic resilience and a strong
regional workforce.
• Update County land use plans and policies to promote livability, economic opportunity, disaster
preparedness, and a healthy environment.
• Maintain a safe, efficient and economically sustainable transportation system.
• Manage County assets and enhance partnerships that grow and sustain businesses, tourism, and
recreation.
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HOUSING STABILITY AND SUPPLY: Support actions to increase housing production and achieve stability.
• Expand opportunities for residential development on appropriate County-owned properties.
• Support actions to increase housing supply.
• Collaborate with partner organizations to provide an adequate supply of short-term and permanent
housing and services to address housing insecurity.
SERVICE DELIVERY: Provide solution-oriented service that is cost-effective and efficient.
• Ensure quality service delivery through the use of innovative technology and systems.
• Support and promote Deschutes County Customer Service “Every Time” standards.
• Continue to enhance community participation and proactively welcome residents to engage with
County programs, services and policy deliberations.
• Preserve, expand and enhance capital assets, to ensure sufficient space for operational needs.
• Maintain strong fiscal practices to support short and long-term county needs.
• Prioritize recruitment and retention initiatives to support, sustain, and enhance County operations.
In FY 2025, the County will continue to implement the Commissioners' goals and priorities, and support
strategic investments, including:
• Delivering a $9.7 million Road Capital Improvement Plan.
• Planning for the closure of Knott Landfill, upgrading transfer stations and siting and constructing a
new solid waste management facility. The addition of three new staff to support expanded
hazardous waste collection in both Bend and Redmond.
• Completing a master planning process and market study for the County’s Fair & Expo Center, and
the expansion area.
• Maintaining 24/7 services at the Deschutes County Stabilization Center.
• Using $750,000 in state funds to create and implement a new deflection program intended to
provide options for people suspected of drug possession to enter treatment programs, in response
to the programming approved by House Bill 4002.
• Prioritizing investments in cybersecurity and internal service departments to build core capacity to
continue to deliver effective and impactful services.
• Expanding the Circuit Courthouse in downtown Bend to improve security and provide additional
courtroom space for the two new judges approved by the legislature in 2021.
• Implementing a plan to complete the land transfer with the Department of State Lands.
Tax Abatement Program
The five strategic goals in the Deschutes County 2025 Goals and Objectives support the tax abatement
program. The key goals include a resilient county and housing stability and supply. Tax abatement is an
agreement whereby a government agrees to forgo tax revenues to which it is otherwise entitled in exchange
for a promise by the counterparty to the agreement to take specific future actions that will contribute to the
government’s economic development, or which otherwise benefits the government or its citizens. Tax
abatements are intended to improve local conditions and spur economic development that otherwise
would not occur, and an important tool for redevelopment. Tax abatements are meant to encourage
rehabilitation and redevelopment of distressed areas. The potential benefits of abatements include
additional short and long-term employment for residents, attracting new businesses or improving existing
businesses, luring new residents which in turn can generate additional tax revenue, generating a tax-
revenue stream on once vacant or under- developed property, improving safety and commerce, and
increasing adjacent property values. In the Notes to Financial Statements, the County provides information
related to its tax abatement programs authorized by Oregon Revised Statutes.
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Awards and Acknowledgements
The Government Finance Officers Association of the United States and Canada (GFOA) awarded a Certificate
of Achievement for Excellence in Financial Reporting to Deschutes County for its annual comprehensive
financial report for the fiscal year ended June 30, 2023. This was the 23rd consecutive year that the County
has received this prestigious award. To be awarded a Certificate of Achievement, the County published an
easily readable and efficiently organized annual comprehensive financial report. This report must satisfy
both accounting principles generally accepted in the United States of America and applicable legal
requirements.
A Certificate of Achievement for Excellence in Financial Reporting is valid for a period of one year only.
However, we believe that our current annual comprehensive financial report continues to meet the
Certificate of Achievement Program’s requirements, and we will submit it to the GFOA to determine its
eligibility for another certificate.
The County also received the GFOA’s Distinguished Budget Presentation Award for its annual budget
document for fiscal year beginning July 1, 2023. This was the 16th consecutive year that the County has
received this award. To qualify for this Distinguished Budget Presentation Award, the County’s budget
document had to be judged proficient as a policy document, a financial plan, an operations guide, and a
communications device.
Finally, Deschutes County received GFOA’s Popular Annual Financial Report (PAFR) award for the 5th
consecutive year for the fiscal year ended June 30, 2023. The PAFR can be found on the County’s website,
www.Deschutes.org/pafr. Deschutes County received the Triple Crown designation from the GFOA as
recognition for having received all three GFOA awards.
The preparation of the annual comprehensive financial report on a timely basis was made possible by the
skill, effort, and dedicated service of the entire staff of the Finance Department. We wish to thank all the
County’s departments for their assistance in providing the data necessary to prepare this report.
Acknowledgment should also be given to the Board of County Commissioners for their interest and support
for maintaining the highest standards of professionalism in the management of the County’s finances.
Respectfully submitted,
Nick Lelack Robert Tintle
County Administrator Chief Financial Officer
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Deschutes County Organizational Chart
As of June 30, 2024
Elected Offices
Appointed Offices
Department Functions
Property Tax
Appeals Administrative/
Court Proceedings
Small Claims
Court
Tax
Distribution
Cartography Vital Records Administrative &
Support Services
Victims
AssistanceCounty Legal
Services
Assessment
Records
Document
Recording
Law
Enforcement Legal
Counsel
County
Administrator
Treatment
Courts
Justice of
the Peace
County
Treasurer
Appraisals Elections Corrections
(Jail/Work Center)
Prosecution in
Circuit Court
Traffic/Ordinance
Violations Investments
Citizens of
Deschutes County
County
Assessor
County
Clerk
County
Sheriff Board of
Commissioners
District
Attorney
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Deschutes County Organizational Chart
As of June 30, 2024
County Administrators
Appointed Offices
Department Functions
Workers'
Compensation
General & Vehicle
Liability
Unemployment
Insurance
Americans with
Disabilities Act
Health
BenefitsAlcohol & Drug
Prevention
Early Learning
Council
GIS Insurance
Maternal Child
Health
Developmental
Disabilities
Transitional
Services
Probation &
Diversion Retirement
ProgramsWoman, Infants &
Children (WIC)
Access & Crisis
Services
Reproductive
Health Adult Treatment Electronic
Monitoring
Juvenile
Detention RV Park
Web
Applications Compensation Facilities Planning
& ConstructionCommunity Health Child & Family
Offender
Supervision
Community
Service
County Fair
Public Health Behavioral Health
Adult Parole &
Probation Juvenile Justice
Human
Resources Communications Facilities
Fair & Expo
Center Technology Staff
Recruitment
Legislative
Affairs
Building
Maintenance
Risk
Management
Health Services
Director
Veterans'
Services
Community
Justice
Fair & Expo
Center
Information
Technology
Tax Collection Fleet Equipment
Services
Code
Enforcement
Property
Management
Dog Licensing GIS
Payroll Transfer
Operation County Surveyor Building Safety
Public
Information
Budget Recycling
Services
Noxious Weed
Control
Environmental
Soils
Natural Resource
Protection
Finance/Tax Solid
Waste
Road
Department
Community
Development
Administrative
Services
Accounting Landfill
Disposal
Develop/Maintain
Road System Planning Internal Auditing
Deputy
County
Administrator
County
Administrator
Deputy County
Administrator
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Listing of Principal Officials
As of June 30, 2024
ELECTED OFFICIALS
Board Of County Commissioners
Name Position Term Expiration
Patti Adair, Chair Position 3 January 4, 2027
Anthony DeBone, Vice Chair Position 1 January 4, 2027
Philip Chang Position 2 January 6, 2025
Other Elected Officers
Name Position Term Expiration
Scot Langton County Assessor January 4, 2027
Steve Dennison County Clerk January 4, 2027
Steve Gunnels County District Attorney January 4, 2027
Shane Nelson County Sheriff January 6, 2025
William Kuhn County Treasurer January 4, 2027
Charles Fadeley Justice of the Peace January 1, 2029
APPOINTED OFFICIALS
Name Position
Nick Lelack County Administrator
David Doyle County Counsel
Robert Tintle Chief Financial Officer
Elizabeth Pape County Internal Auditor
Deschutes County Administrative Offices
1300 NW Wall Street, Suite 200
Bend, Oregon 97703
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Financial Section
For the Fiscal Year Ended June 30, 2024
Deschutes County, Oregon
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Report of Independent Auditors
Deschutes County Board of Commissioners
Deschutes County, Oregon
Bend, Oregon
Report on the Financial Statements
Opinions
We have audited the financial statements of the governmental activities, the business-type activities,
each major fund, and the aggregate remaining fund information of Deschutes County, Oregon (the
“County”) as of and for the year ended June 30, 2024, and the related notes to the financial
statements, which collectively comprise the County’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, the business-type activities,
each major fund, and the aggregate remaining fund information of the County as of June 30, 2024,
and the respective changes in financial position and, where applicable, cash flows thereof for the year
then ended in accordance with accounting principles generally accepted in the United States of
America.
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 County 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.
Emphasis of Matter – Change in Accounting Principle
As discussed in Note I.A and Note 4.I to the financial statements, in 2024, the County adopted new
accounting guidance Governmental Accounting Standards Board Statement No. 100, Accounting
Changes and Error Corrections. Our opinions are not modified with respect to this matter.
Responsibilities of Management for the Financial Statements
Management is responsible for the preparation and fair presentation of the 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.
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In preparing the financial statements, management is required to evaluate whether there are
conditions or events, considered in the aggregate, that raise substantial doubt about the County’s
ability to continue as a going concern for twelve months beyond the financial statement date,
including any currently known information that may raise substantial doubt shortly thereafter.
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
Exercise professional judgment and maintain professional skepticism throughout the audit.
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.
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 County’s internal control. Accordingly, no such opinion is
expressed.
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.
Conclude whether, in our judgment, there are conditions or events, considered in the aggregate,
that raise substantial doubt about the County’s ability to continue as a going concern for a
reasonable period of time.
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, the Schedule of the Proportionate Share of the Net Pension
Liability (Asset), the Schedule of Net Pension Plan Liability (Asset) Employer Contributions, the
Schedule of Changes in the County’s Total OPEB Liability, the Schedule of Proportionate Share of
the Net OPEB Liability (Asset), the Schedule of Net OPEB Liability (Asset) Employer Contributions,
and the 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.
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We have applied certain limited procedures to the required supplementary information 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.
Accounting principles generally accepted in the United States of America require that the Schedule of
Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual for the General Fund,
Sheriff’s Office, Countywide Law Enforcement District, Rural Law Enforcement District, Road, Health
Services and American Rescue Plan Act (collectively the budgetary comparison information), as listed
in the table of contents, be presented to supplement the basic financial statements. Such information,
although not 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. The required
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. Such information has been subjected to the auditing procedures applied in the audit of the
basic financial statements and certain additional procedures, including comparing and reconciling such
information directly to the underlying accounting and other records used to prepare the 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 required budgetary comparison information is fairly stated, in all material respects, in relation to the
basic financial statements as whole.
Supplementary Information
Our audit was conducted for the purpose of forming opinions on the financial statements that
collectively comprise the County's basic financial statements. The Schedule of Expenditures of
Federal Awards and related notes, as listed in the table of contents in the Single Audit section, as
required by Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative
Requirements, Cost Principles, and Audit Requirements for Federal Awards, and the other
supplementary information, as listed in the table of contents in the Other Supplementary Information
section (collectively, the supplementary information), are presented for purposes of additional
analysis and are 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 supplementary information is
fairly stated, in all material respects, in relation to the basic financial statements as a whole.
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Other Information
Management is responsible for the other information included in the annual report. The other
information comprises the Introductory, Other Financial Schedules, and Statistical sections, 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
of 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.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated
December 4, 2024, on our consideration of the County's internal control over financial reporting and
on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant
agreements and other matters. The purpose of that report is 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 County'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 County'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 4, 2024, on our consideration of the County’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 4, 2024
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Deschutes County, Oregon
Management’s Discussion and Analysis
June 30, 2024
As management of Deschutes County, we offer readers of Deschutes County’s financial statements this narrative
overview and analysis of the financial activities of Deschutes County for the fiscal year (FY) ended June 30, 2024. We
encourage readers to consider this information in conjunction with additional information that we have furnished in
our letter of transmittal.
FINANCIAL HIGHLIGHTS
On a government-wide basis, total assets and deferred outflows of resources exceeded liabilities and deferred
inflows of resources by $271,852,841 as of June 30, 2024, an increase of $21,598,663 in net position from
June 30, 2023. The main reason for the increase was due to the bond issuance of $20.5 million for the
Courthouse expansion project, of which $14.5 million was unspent as of June 30, 2024. With additional
recognition of federal funding from the American Rescue Plan Act (ARPA), the continued investment of State
dollars into the Road Capital Improvement Plan fund and Special Transportation fund, as well as County
investment made into infrastructure, the County is positioned well for the future. It is anticipated that this
buildup of fund balance will be exhausted over time by large capital expenditures and rising pension
expenses.
The County reported a combined fund balance at June 30, 2024, of $190,863,848 for its governmental funds,
an increase of $24,407,834 from June 30, 2023. Of this balance, $49,893,461 is available to meet the County’s
obligations. The remainder is either nonspendable or restricted.
County General Fund
o The General Fund’s fund balance, including the sub-funds of the General Fund, was $37,885,862 as of
June 30, 2024, an increase of $9,139,359 from the balance at June 30, 2023.
o Fund balance is 72% percent of the Fund’s combined revenues and transfers in. Fund balance is 87% of
the Fund’s combined expenditures and transfers out.
The County’s Assessed Valuation of Taxable Property increased by 5.67% in FY 2024.
Total debt was $64,314,800 as of June 30, 2024, compared to total debt of $51,190,000 as of June 30, 2023.
June 30, 2024 June 30, 2023
General Fund (Operations)15,227,096$ 13,426,082$
Sub-funds of the General Fund 22,658,766 15,320,421
37,885,862$ 28,746,503$
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Deschutes County, Oregon
Management’s Discussion and Analysis
June 30, 2024
OVERVIEW OF THE FINANCIAL STATEMENTS
This discussion and analysis is intended to serve as an introduction to Deschutes County’s basic financial
statements. These basic financial statements comprise three components: 1) government-wide financial
statements, 2) fund financial statements, and 3) notes to the financial statements. This report also contains other
supplementary information in addition to the basic financial statements.
Government-Wide Financial Statements
The government-wide financial statements are designed to provide readers with a broad overview of Deschutes
County’s finances, in a manner similar to a private-sector business.
The Statement of Net Position presents information on all of Deschutes County’s assets, deferred outflows of
resources, 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 is improving or deteriorating.
The Statement of Activities presents information showing how Deschutes County’s net position changed during the
fiscal year. Changes in net position are reported when the underlying event giving rise to the change occurs,
regardless of the timing of the related cash flows. Thus, revenues and expenses are reported in this statement for
some items, for example, property taxes and accrued compensated leave that will result in cash flows in future
fiscal periods.
Each of these government-wide financial statements, Statement of Net Position and Statement of Activities, distinguish
functions of Deschutes County that are supported primarily by taxes and intergovernmental revenues
(governmental activities) from other functions that are intended to recover all, or a significant portion of, their costs
through user fees and charges (business-type activities). The governmental activities of Deschutes County include
general government, public safety, county roads, and health and welfare. The business-type activities of Deschutes
County include Solid Waste, Fair and Expo Center, and RV Park.
The government-wide financial statements include four county service districts and one county agency:
Countywide Law Enforcement District Deschutes County 9-1-1 Service District
Rural Law Enforcement District
Deschutes County Road Agency
Extension and 4-H Service District
These entities are legally separate but are included as blended component units based on the criteria described in
the Notes to Financial Statements (Note 1 – Summary of Significant Accounting Policies). Requests for copies of the
separately issued financial statements for the county service districts should be addressed to Deschutes County
Finance Department, 1300 NW Wall Street, Suite 200, Bend, OR 97703.
Fund Financial Statements
A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated
for specific activities or objectives. Deschutes County, like other state and local government entities, uses fund
accounting to ensure and demonstrate compliance with finance-related legal requirements. Each of the funds of
Deschutes County is classified in one of three categories: governmental funds, proprietary funds, or fiduciary funds.
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Deschutes County, Oregon
Management’s Discussion and Analysis
June 30, 2024
OVERVIEW OF THE FINANCIAL STATEMENTS (Continued)
Governmental Funds
Governmental funds are used to account for essentially the same functions as governmental activities in the
government-wide financial statements. However, unlike the government-wide financial statements, governmental
fund financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances of
spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a
government’s near-term financing requirements.
Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is
useful to compare the information presented for governmental funds with similar information presented for
governmental activities in the government-wide financial statements. By doing so, readers may better understand
the long-term impact of the government’s near-term financing decisions. A reconciliation from the Governmental
Funds Balance Sheet to the Government-wide Statement of Net Position and a reconciliation from the
Governmental Funds Statement of Revenues, Expenditures, and Changes in Fund Balances to the Government-wide
Statement of Activities have been included in this report.
Both the governmental fund balance sheet and statements of revenues, expenditures, and changes in fund
balances provide a reconciliation to facilitate this comparison between governmental funds and governmental
activities. These reconciliations are presented in this report in subsection “Basic Financial Statements”.
Deschutes County reported activity in fifty-seven (57) individual governmental funds and nine (9) sub-funds during
FY 2024. Information is presented separately in the governmental funds Balance Sheet and in the governmental
funds Statement of Revenues, Expenditures, and Changes in Fund Balances for the General Fund and the County’s
major funds:
General Fund Deschutes County Sheriff’s Office (Sheriff)
Countywide Law Enforcement District Rural Law Enforcement District
Road
Campus Improvement
Health Services
Road Capital Improvement Plan (Road CIP)
American Rescue Plan Act (ARPA)
Data from all other governmental funds are combined into a single, aggregated presentation. Individual data for
each of these non-major governmental funds is provided in the form of combining statements in the “Other
Supplementary Information” section of this report and in the budget to actual comparison schedules.
Deschutes County adopts an annual budget for each of its funds and a budgetary comparison statement has been
provided for each to demonstrate compliance with its annual budget.
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Deschutes County, Oregon
Management’s Discussion and Analysis
June 30, 2024
OVERVIEW OF THE FINANCIAL STATEMENTS (Continued)
Proprietary Funds
Deschutes County maintains two different types of proprietary funds. Enterprise funds are used to report the same
functions as business-type activities in the government-wide financial statements. Deschutes County uses enterprise
funds to account for its Solid Waste, Fair and Expo Center, and RV Park. An internal service fund is an accounting
device used to accumulate and allocate costs internally among Deschutes County’s various functions. Deschutes
County uses internal service funds to account for its facilities, administrative, commissioner, finance, legal, personnel,
information technology, insurance services, and health benefits. Because these services predominately benefit
governmental rather than business-type functions, they have been included within governmental activities in the
government-wide financial statements.
Proprietary funds financial statements provide similar, but more detailed, information compared to the
government-wide financial statements. The enterprise fund financial statements provide information separately for
Solid Waste, Fair and Expo Center, and RV Park. All enterprise funds are reported as major funds of Deschutes
County. The internal service funds are combined into a single, aggregated presentation in the proprietary funds’
financial statements. Individual fund data for the internal service funds is provided in the form of combining
statements in the “Other Supplementary Information” section of this report and in the budget to actual comparison
schedules.
Fiduciary Funds
Fiduciary funds, all of which are custodial funds, are used to account for resources held for the benefit of third
parties. Fiduciary funds are not reflected in the government-wide financial statements because the resources of
those funds are not available to support Deschutes County’s own programs.
Notes to 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.
Other Information
In addition to the basic financial statements and accompanying notes, this report also presents as required
supplementary information, the budgetary comparisons for the General Fund and major special revenue funds.
The combining statements referred to above in connection with non-major governmental funds and internal service
funds are presented in the “Other Supplementary Information” section of this report.
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Deschutes County, Oregon
Management’s Discussion and Analysis
June 30, 2024
GOVERNMENT-WIDE FINANCIAL ANALYSIS
Deschutes County Net Position
The County’s net position at June 30, 2024, was $271,852,841. Net position may serve as a useful indicator of an
entity’s financial strength as it measures the entity’s excess of assets and other resources over its obligations on a
long-term basis.
The largest portion (approximately 80%) of Deschutes County’s net position represents its net investment in capital
assets including land, infrastructure, buildings, roads, equipment and subscriptions. These assets are used to
provide core services to Deschutes County citizens and are not available for future spending. The portion of net
position restricted for use in its long-term capital projects, debt service requirements, landfill closure and
post-closure costs, public safety, roads, and health programs totaled $119,991,886 or 44%. The unrestricted
category of net position is negative for governmental activities and business-type activities by a total of $64,826,686
due in part to the net pension liability and total Other Post-Employment Benefits’ (OPEB) liability’s impact on net
position.
Governmental activities Business-type activities Total
2024 2023 2024 2023 2024 2023
Assets other than capital assets 284,001,979$ 240,517,090$ 30,511,529$ 39,328,081$ 314,513,508$ 279,845,171$
Capital assets 216,342,510 190,525,113 65,122,129 52,521,524 281,464,639 243,046,637
Total assets 500,344,489 431,042,203 95,633,658 91,849,605 595,978,147 522,891,808
Deferred outflows of
resources 61,081,594 62,006,450 1,944,027 1,691,720 63,025,621 63,698,170
Non-current liabilities 215,762,014 163,417,823 46,100,206 42,585,980 261,862,220 206,003,803
Current liabilities 86,987,277 67,380,490 6,417,823 5,165,284 93,405,100 72,545,774
Total liabilities 302,749,291 230,798,313 52,518,029 47,751,264 355,267,320 278,549,577
Deferred inflows of
resources 31,014,508 56,435,538 869,099 1,350,685 31,883,607 57,786,223
Net position:
179,244,593 161,842,824 37,443,048 23,964,066 216,687,641 185,806,890
Restricted 102,213,751 86,626,839 17,778,135 13,974,687 119,991,886 100,601,526
Unrestricted (53,796,060) (42,654,861) (11,030,626) 6,500,623 (64,826,686) (36,154,238)
Net position 227,662,284$ 205,814,802$ 44,190,557$ 44,439,376$ 271,852,841$ 250,254,178$
Net investment in capital assets
Deschutes County Net Position
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Deschutes County, Oregon
Management’s Discussion and Analysis
June 30, 2024
GOVERNMENT-WIDE FINANCIAL ANALYSIS (Continued)
Changes in Net Position
The net position of the County increased by $21,598,663 during FY 2024. Discussion and analysis of the changes for
both governmental activities and business-type activities are included below.
CHANGES DUE TO GOVERNMENTAL ACTIVITIES
Governmental activities increased net position by $21,847,482 or 11%. Program expenses increased by 1%, program
revenues decreased by 3% and taxes increased by 13%.
Governmental activities rely on general revenues to support County functions. Property taxes make up the largest
share of this support at 38% and are levied for general purposes, law enforcement, 9-1-1 operations, and
extension/4-H services. Tax revenues for the year increased primarily due to increased property taxes revenue,
which grew as a result of increases in the permanent tax levies for general purposes and law enforcement. There
was also an average increase of approximately 5.67% in the taxable property values, driven by increased local real
estate market values.
FY 2024 FY 2023 FY 2024 FY 2023 FY 2024 FY 2023
Program revenues:
Charges for services 56,746,517$ 54,799,894$ 23,237,387$ 19,493,447$ 79,983,904$ 74,293,341$
Operating grants and contributions 92,606,334 98,552,785 53,167 53,167 92,659,501 98,605,952
General revenues:
Property taxes 105,685,127 91,685,722 - - 105,685,127 91,685,722
Other taxes 12,438,741 12,597,706 - - 12,438,741 12,597,706
Other 11,982,540 4,612,463 1,909,913 172,666 13,892,453 4,785,129
Total revenues 279,459,259 262,248,570 25,200,467 19,719,280 304,659,726 281,967,850
Expenses:
General government 34,521,844 66,921,909 - - 34,521,844 66,921,909
Public safety 107,768,750 107,370,842 - - 107,768,750 107,370,842
County roads 35,000,781 10,167,800 - - 35,000,781 10,167,800
Health and welfare 76,969,969 66,433,425 - - 76,969,969 66,433,425
Interest on long-term debt 1,547,824 1,296,674 - - 1,547,824 1,296,674
Solid Waste - - 19,875,561 13,762,327 19,875,561 13,762,327
Fair & Expo Center - - 6,883,063 5,938,023 6,883,063 5,938,023
RV Park - - 493,271 436,441 493,271 436,441
Total expenses 255,809,168 252,190,650 27,251,895 20,136,791 283,061,063 272,327,441
23,650,091 10,057,920 (2,051,428) (417,511) 21,598,663 9,640,409
Transfers (1,802,609) (1,744,988) 1,802,609 1,744,988 - -
Change in net position 21,847,482 8,312,932 (248,819) 1,327,477 21,598,663 9,640,409
Net position, Beginning of year 205,814,802 197,501,870 44,439,376 43,111,899 250,254,178 240,613,769
Net position, End of year 227,662,284$ 205,814,802$ 44,190,557$ 44,439,376$ 271,852,841$ 250,254,178$
Deschutes County Changes in Net Position
Governmental activities Business-type activities Total
Excess (deficiency) before transfers
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Deschutes County, Oregon
Management’s Discussion and Analysis
June 30, 2024
CHANGES DUE TO GOVERNMENTAL ACTIVITIES (Continued)
Federal and State operating grants and contributions provide significant resources that are used for public safety,
health services, and fiscal recovery. Grant and contribution revenue accounted for 33% of total governmental
activities revenue in FY 2024. A key reason for the decrease in grant revenue from $98.6 million in FY 2023 to $92.6
million in FY 2024 is the requirement that ARPA funds be fully spent by December 31, 2026.
Fees, fines, and charges provide 20% of governmental activities funding including state gas tax and registration fees,
law enforcement related fees, and fees for services provided by the Clerk’s Office and Community Development.
During FY 2024, the Clerk’s Office and Community Development have continued to experience a decline in revenue,
primarily due to high interest rates impacting home sales and the related recording fees, and a reduced level of new
home development with decreases in permitting and application volumes.
Function/Program by Funding Type - Governmental Activities
Revenues by Source - Governmental Activities
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Deschutes County, Oregon
Management’s Discussion and Analysis
June 30, 2024
CHANGES DUE TO BUSINESS-TYPE ACTIVITIES
Business-type activities remained stable and only decreased net position by $248,819 or 1%.
Solid Waste
During FY 2024, the County’s solid waste operation experienced a decrease in net position of $902,419. The
operating loss during FY 2024 was $1,664,925. The full cost of operations includes depreciation, amortization, and
accrual of landfill closure and post-closure costs.
Fair and Expo Center
The operating loss from the County’s Fair and Expo Center during FY 2024 was $1,545,047; however, as the Fair and
Expo Center is a large contributor to the County’s tourism industry, its losses are partially offset by transfers from
the Transient Room Tax Funds and the General Fund. During FY 2024, the overall subsidy provided was $1,647,348.
Fair and Expo Center revenues increased to $5,330,890, an increase of $514,435, or 11%, from the prior fiscal year.
RV Park
Operating income for the RV Park was $42,489, a decrease of $112,337, or 73%, from FY 2023.
With business-type activities, RV Park activities generated sufficient operating revenues during FY 2024 to cover
operating expenses. All of the program revenues for business-type activities come from charges for services.
Function/Program by Funding Type - Business-type Activities
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Deschutes County, Oregon
Management’s Discussion and Analysis
June 30, 2024
CHANGES DUE TO BUSINESS-TYPE ACTIVITIES (Continued)
Revenues by Source - Business Activities
FINANCIAL ANALYSIS OF COUNTY’S FUNDS
Deschutes County uses fund accounting to ensure and demonstrate compliance with finance-related legal
requirements.
Governmental Funds
The focus of Deschutes County’s governmental funds is to provide information on near-term inflows, outflows and
balances of spendable resources. Such information is useful in assessing Deschutes County’s financing
requirements. In particular, 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, 2024, $190,863,848 is the reported combined ending fund balance for Deschutes County’s
governmental funds, an increase of $24,407,834 from June 30, 2023.
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Deschutes County, Oregon
Management’s Discussion and Analysis
June 30, 2024
FINANCIAL ANALYSIS OF COUNTY’S FUNDS (Continued)
Changes, amounts and percentages, in the fund balances of the major governmental funds and of the other
governmental funds were:
Major Funds
General Fund (including sub-funds): increase of $9,139,359, 32%
Sheriff, Countywide Law Enforcement District, and Rural Law Enforcement District (combined):
increase of $4,669,003, 44%
Road: decrease of $48,720, -0.3%
Road CIP: decrease of $7,127,264, -32%
Health Services: increase of $2,793,855, 9%
ARPA: increase of $162,876, 4404%
Campus Improvements: increase of $15,307,618, 261%
Nonmajor Funds
Nonmajor special revenue: decrease of $75,978, -0.1%
Nonmajor debt service: decrease of $412,915, -91%
Significant Changes in Major Funds
General Fund
As of June 30, 2024, the fund balance of Deschutes County’s General Fund was $37,885,862. Of this fund balance,
$22,658,766 is nonspendable, committed, or assigned for specific use and $15,227,096 is unassigned. One measure
of the General Fund’s liquidity is the relationship of the fund balance to the Fund’s total expenditures. The ending
fund balance as of June 30, 2024, for the General Fund is 72% of total General Fund revenues and transfers in, and
87% of total General Fund combined expenditures and transfers out.
Deschutes County’s General Fund balance increased by $9,139,359, or 32%, during FY 2024. While total revenues
were consistent with the prior year, resulting in a decrease of $389,814, or -1%, there were significant fluctuations in
revenue sources:
Increases to property tax revenues of $3.8 million, or 10.5%. During FY 2024, assessed valuation of taxable
property rose by 5.67% and the County levied the full permanent property tax rate of $1.2783 per $1,000 of
assessed value, an increase of $0.06.
Increases to investment earnings of $1.4 million, or 252%, largely due to the increasing interest rate
environment.
Decreases to intergovernmental revenues of $1.3 million, or -18%. The District Attorney’s office received a
large restorative justice grant in FY 2023 that had approximately $500,000 more grant revenue than FY
2024. FY 2023 intergovernmental revenues also included approximately $285,000 more in state and local
fiscal recovery funding than FY 2024.
Decreases to charges for services of $3.7 million, or -66%, was due to the General County Reserve fund
receiving one-time funding of $3.5 million in FY 2023.
During FY 2024, expenditures increased by $1,144,440, or 3%, due to increases in personnel costs, related to
increased cost of living adjustments, health benefits, and retirement costs.
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Deschutes County, Oregon
Management’s Discussion and Analysis
June 30, 2024
FINANCIAL ANALYSIS OF COUNTY’S FUNDS (Continued)
Sheriff, Countywide Law Enforcement District and Rural Law Enforcement District
Sheriff’s services are funded through two voter-approved county service district property tax levies. One district
levies a tax throughout the county to provide funding for countywide services and the other levies a tax in the
unincorporated area to provide funding for Sheriff’s services outside city boundaries. In the current fiscal year,
these two law enforcement districts collectively contributed $49,939,669 to the Sheriff's fund, where all
expenditures relate to Sheriff’s services are recorded. The combined fund balances of these three major funds
increased by $4,669,003. During FY 2024, assessed valuation of taxable property rose by 5.67% and both districts
raised tax levies to their full permanent rate. The Countywide Law Enforcement District tax increased by $0.20 to
$1.25 per $1,000 of assessed value. The Rural Law Enforcement District tax increased by $0.12 to $1.55 per $1,000
of assessed value. This growth in assessed valuation of taxable property was primarily driven by the new
construction throughout the County and an average increase of approximately 3% in the taxable property values.
Amidst uncertain economic conditions and rising inflation, the Sheriff’s Office put forth efforts to reduce materials
and supplies expenses to offset rising personnel costs. This resulted in the Sheriff's Office's total expenditures
increasing by only $1.7 million, or 3%, over the previous year.
Road
The fund balance of the Road fund decreased by $48,720, or -0.3%, during FY 2024. During FY 2024, $10 million was
transferred from the Road Fund to the Road CIP fund. The Road fund receives the majority of its revenue from the
State of Oregon gas tax, vehicle registrations, and the federal Secure Rural Schools Program. The fund balance will
be used in the future to maintain county road systems.
Road Capital Improvement Plan (Road CIP)
The Road CIP fund receives annual transfers from the Road Fund, a major fund, for significant capital improvement
projects. Transfers into this fund during FY 2024 were $10 million from the Road Fund and $2.5 million from non-
major special revenue funds. Capital outlay expenditures for road projects occurring during FY 2024 totaled
$21,543,735, a 32% increase over prior year capital outlay expenditures of $16,697,188, resulting in an overall
decrease to fund balance of $7,127,264. The decrease in fund balance was due to significant capital projects in FY
2024 including:
Completion of the Hunnell Road Project, $2.5 million incurred in FY 2024 with total project cost of $6.3
million.
Ongoing Terrebonne Refinement Plan, $6.6 million incurred in FY 2024 with total project costs estimated at
$8.9 million.
Significant paving overlay projects totaling approximately $6.4 million.
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Deschutes County, Oregon
Management’s Discussion and Analysis
June 30, 2024
FINANCIAL ANALYSIS OF COUNTY’S FUNDS (Continued)
Health Services
Fund balance for the Health Services Fund increased by $2,793,855, or 9%. Total revenue within the Health Services
fund increased by approximately $814,000, or 1.5%, from the prior year. State and federal grant revenues continued
to remain a stable revenue source for Health Services, decreasing only 1.2% to $56.9 million in FY 2024 from $57.6
million in FY 2023. Health Services expenditures increased by $7.5 million, or 12%, over the prior year, largely due to
the County’s investment in additional facilities. Capital outlay expenditures for Health Services increased
significantly from $520,340 in FY 2023 to $4,546,237 in FY 2024.
American Rescue Plan Act (ARPA)
Fund balance for the ARPA increased by $162,876, or 4404%. The increase in ARPA is due to investment earnings.
During FY 2024, $400,000 of interest earned in the ARPA fund in prior years was transferred to the Campus
Improvement fund for the courthouse remodel. ARPA revenues and expenditures decreased approximately $10.9
million in FY 2024 as the ARPA funds are required to be fully spent by December 31, 2026.
Campus Improvement
The Campus Improvement fund revenue for FY 2024 consisted of $20.5 million of debt proceeds, state grant funds,
and interfund transfers for campus improvements including the major renovation of the County Courthouse.
Transfers into this fund during FY 2024 were approximately $191,000 from the Court Technology Reserve fund and
$381,000 from Health Services. Capital outlay expenditures for campus improvements occurring during FY 2024
totaled $6,263,431, an 53% decrease over prior year capital outlay expenditures of $13,461,425, resulting in an
overall increase to fund balance of $15,307,618.
Nonmajor Funds
The combined fund balances of the County’s non-major special revenue funds decreased by $75,978, -0.1%. The
Room Tax fund and Transient Room Tax -1% fund revenues decreased from approximately $12.8 million in FY 2023
to $12.4 million in FY 2024, a small decrease related to the impact of wildfires central Oregon has experienced.
While the Community Development fund balance has increased by $117,962, revenues and expenses have
decreased approximately $500,000 due to decreases in real estate development. The County assesses fees for
future transportation requirements which resulted in revenues of $1,501,674 in the Countywide Transportation SDC
Improvement fund during FY 2024. The Countywide Transportation SDC Improvement fund transferred $2,500,000
to the Road CIP fund resulting in a decrease in fund balance of $998,326, or -33%.
The debt service fund decreased by $412,915 during the fiscal year. Rent revenues stayed consistent with prior
years representing 40% of total revenues in the fund. Charges for services increased $121,889, or 8.5%, due to the
increase in PERS rates for public safety. During FY 2024, the County entered into Full Faith and Credit Financing
Agreement, Series 2024 for the remodel of the Deschutes County Courthouse (par of $18,700,000) and refunding of
Series 2013 (par of $5,395,000). Additional information on Deschutes County’s debt is included in Note 3G.
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Deschutes County, Oregon
Management’s Discussion and Analysis
June 30, 2024
FINANCIAL ANALYSIS OF COUNTY’S FUNDS (Continued)
Proprietary Funds
The information presented in the proprietary funds statement is similar to that in the government-wide financial
statements but provides greater detail. At June 30, 2024, the net position of the Solid Waste Department was
$22,397,785, a decrease of $902,419 compared to the prior fiscal year. Charges for services increased $3,280,126, or
23%, as services available at transfer stations increased. Current year expenses for landfill closure and post-closure
costs increased $2,138,719. The estimate for post closure liability at June 30, 2024, was $17,719,325. Projections
show the Solid Waste Department revenues will continue to be adequate to cover the cost of current operations.
The operation of the Solid Waste Department provides the resources to be used in future years for the closure and
post-closure costs associated with the landfills.
At June 30, 2024, the net position of the Fair and Expo Center was $18,676,126, an increase of $356,523. As the
Fair and Expo Center is a reason why many people visit Central Oregon, resources from the County’s transient room
tax are made available to support this activity. Transient room taxes of $1,547,348 were transferred to Fair and
Expo Center during FY 2024. The Fair and Expo Center also received $100,000 transferred from the Video Lottery
fund.
The County opened its RV Park in July 2007. After an initial near-capacity usage during summer 2007, the effects of
the recession impacted the operations through FY 2014. However, with a continued focus on marketing, a robust
economy, and increased demand in RV parks through the COVID-19 pandemic, the RV Park is a profitable
enterprise. The net position of the RV Park fund at June 30, 2024, was $3,116,646, an increase of $297,077, or 11%.
GENERAL FUND BUDGETARY HIGHLIGHTS
There were eleven budget adjustments to the General Fund’s original budget during FY 2024:
1. Adjustment provided funding for code abatement services via an interfund payment of $200,000 from Solid
Waste.
2. Adjustment reduced contingency and increased program expense appropriations for a one-time grant of
$100,000 to Central Oregon Guardian Assistance Program.
3. Adjustment recognized state grant revenue and increased program expense appropriations by $300,000 for
a pass-thru grant to Mt. Bachelor for a biomass facility project.
4. Adjustment reduced contingency and increased program expense appropriations by $87,000 to increase the
Medical Examiner contract.
5. Adjustment increased state grant revenue for Veterans’ Services and program expense appropriations by
$79,179.
6. Adjustment reduced contingency and increased transfer out appropriations by $5,905 to make a transfer to
the Dog Control fund for the Spay and Neuter grant program.
7. Adjustment decreased contingency and increased transfer out appropriations by $32,000 to fund a portion
of a 1.00 FTE Information Security Manager position in the IT department.
8. Adjustment decreased contingency and increased transfer out appropriations by $2,000 to the Series 2019
debt service fund to net the fund to zero.
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Deschutes County, Oregon
Management’s Discussion and Analysis
June 30, 2024
GENERAL FUND BUDGETARY HIGHLIGHTS (Continued)
9. Amendment recognized a transfer in of $6,500 from the Sheriff's Office to the DA to fund .10 FTE with
DCIMME grant funds.
10. Adjustment decreased program expenses and increased transfer out appropriations by $33,700 to make a
transfer to the Natural Resources fund for the Oregon Living with Fire program.
11. Adjustment reduced contingency by $265,000 and increased program expense by $250,000 for unforeseen
expenditures and $15,000 for Veterans’ Services due to a retirement and subsequent time management
leave payout that was unbudgeted.
The General Fund’s actual revenues were $1,152,341 more than estimated. The increase is primarily due to the
County receiving $870,180 more in property tax revenues than budgeted and $362,899 more in investment
earnings than budgeted. The variance between appropriations and expenditures was $1,570,177 less than
estimated, approximately 6% of final appropriations. Factors contributing to this variance include unfilled positions
and decreased actual expenditures for materials and services, primarily contract staff and professional services.
Additionally, transfers out to Health Services were $2.5 million lower than budgeted.
CAPITAL ASSET AND DEBT ADMINISTRATION
Capital Assets
Deschutes County’s capital assets for its governmental and business-type activities as of June 30, 2024, was
$281,464,639 net of accumulated depreciation and amortization. The book value of the depreciable assets is 54% of
historical cost. Capital assets include land, buildings, equipment, software subscriptions, and infrastructure such as
roads and bridges. Additional information on Deschutes County’s capital assets is included in Note 3E.
Long-Term Debt
As of June 30, 2024, Deschutes County’s outstanding debt was $64,314,800, all of which is backed by the full faith
and credit of the County.
Deschutes County's Outstanding Debt
General Obligation and Other Bonded Debt
Governmental activities Business-type activities Total
2024 2023 2024 2023 2024 2023
Pension Bonds 4,660,000$ 5,830,000$ -$ -$ 4,660,000$ 5,830,000$
Direct Borrowing 232,646 458,600 2,107,154 2,906,400 2,339,800 3,365,000
Full Faith & Credit 36,976,873 20,831,808 20,338,127 21,163,192 57,315,000 41,995,000
Total 41,869,519$ 27,120,408$ 22,445,281$ 24,069,592$ 64,314,800$ 51,190,000$
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Deschutes County, Oregon
Management’s Discussion and Analysis
June 30, 2024
CAPITAL ASSET AND DEBT ADMINISTRATION (Continued)
Deschutes County’s bonded debt increased by $13,124,800 during the fiscal year due to the issuance of Full Faith &
Credit Series 2023 and scheduled debt repayments.
Moody’s Investors Services upgraded the credit rating of Pension Bonds during June 2021 from Aa2 to Aa1. The
rating is based on the weighted average credit quality of the pension-bond participants. Deschutes County is one
participant of many in the limited tax bonds issued by the State of Oregon.
Moody’s Investors Services assigned a credit rating of Aa1 to Deschutes County’s Full Faith & Credit obligations. This
rating was upgraded in FY 2019 through refinancing of the County’s 2008 & 2009 Full Faith & Credit obligations and
was reaffirmed in November 2023 through the issuance of 2023 Full Faith & Credit Series Obligations. See Note 4G
in the Notes to Financial Statements.
State statutes limit the amount of general obligation debt a governmental entity may issue to 2% of its real market
value. With real market value of over $80 billion, the current debt limitation for Deschutes County is $1,611,419,000.
The County has no general obligation debt at June 30, 2024.
Additional information on Deschutes County’s long-term debt is included in Note 3G.
KEY ECONOMIC FACTORS AND BUDGET INFORMATION FOR THE FUTURE
The most recent actuarial valuation for the State of Oregon Public Employees Retirement System (PERS) was
received by employers in September 2023 and included employer rates to be in effect July 1, 2023 through
June 30, 2025. The County expects PERS costs to remain steady during FY 2025 and increase approximately 5% in FY
2026.
The County established a PERS Reserve fund in 2004. The purpose of the fund is to provide relief to departments as
PERS rates increase. The ending fund balance for the PERS Reserve is $4,749,373 as of June 30, 2024, which the
County anticipates will help offset future PERS increases.
The County’s Assessed Value of Taxable Property increased from FY 2023 to FY 2024 by 5.67% to approximately
$32.2 billion and this growth in assessed value is expected to continue. The annual property tax levy is based on the
assessed value times the tax rate, not to exceed the permanent rate of $1.2783 per $1,000 of assessed valuation.
For FY 2024, the County’s general levy will be at a rate of $1.2783 per $1,000 of assessed value. This represents a
$0.06 per $1,000 of assessed value increase from the FY 2023 adopted rate.
REQUESTS FOR INFORMATION
This financial report is designed to provide a general overview to those parties interested in Deschutes County’s
finances. Questions concerning any of the information provided in this report or requests for additional information
should be addressed to Deschutes County Finance Department, Deschutes County Finance Department, 1300 NW
Wall Street, Suite 200, Bend, OR 97703.
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-47-
Basic Financial Statements
For the Fiscal Year Ended June 30, 2024
Deschutes County, Oregon
-48-
Governmental Business - Type
Activities Activities Total
ASSETS
Current assets:
Cash and cash equivalents 34,454,529$ 3,903,154$ 38,357,683$
Investments, at fair value; plus accrued interest 222,822,092 25,172,473 247,994,565
Taxes receivable 3,380,259 - 3,380,259
Accounts receivable, net 14,741,516 1,050,943 15,792,459
Lease receivable, current portion 1,126,786 - 1,126,786
Inventory 2,798,174 17,891 2,816,065
Prepaid expenses 1,390,222 308,258 1,698,480
Total current assets 280,713,578 30,452,719 311,166,297
Noncurrent assets:
Lease receivable 747,550 - 747,550
Net OPEB RHIA asset 1,976,895 58,810 2,035,705
Capital assets not being depreciated 38,035,334 22,615,514 60,650,848
Capital assets, net of accumulated depreciation/amortization 178,307,176 42,506,615 220,813,791
Notes, contracts, and assessments receivable,
net of allowance 563,956 - 563,956
Total noncurrent assets 219,630,911 65,180,939 284,811,850
Total assets 500,344,489 95,633,658 595,978,147
DEFERRED OUTFLOWS OF RESOURCES
Debt refunding 564,710 143,751 708,461
Pension plan 56,210,130 1,672,159 57,882,289
OPEB County plan 4,264,794 126,869 4,391,663
OPEB RHIA 41,960 1,248 43,208
Total deferred outflows of resources 61,081,594 1,944,027 63,025,621
TOTAL ASSETS AND DEFERRED OUTFLOWS
OF RESOURCES 561,426,083 97,577,685 659,003,768
Deschutes County, Oregon
Statement of Net Position
June 30, 2024
-49-
Governmental Business - Type
Activities Activities Total
LIABILITIES
Current liabilities:
Accounts payable and other current liabilities 12,674,580 3,414,184 16,088,764
Payroll liabilities 6,780,624 167,327 6,947,951
Accrued interest 147,191 78,588 225,779
Unearned revenues 44,196,738 377,915 44,574,653
Current portion of noncurrent liabilities 23,188,144 2,379,809 25,567,953
Total current liabilities 86,987,277 6,417,823 93,405,100
Noncurrent liabilities:
Compensated leave 14,393,225 579,387 14,972,612
Lease payable 7,721,892 4,853 7,726,745
Subscription liabilities 1,232,706 - 1,232,706
Total OPEB County plan liability 23,714,539 705,469 24,420,008
Net pension plan liability 138,717,798 4,126,634 142,844,432
Bonds and notes payable (net of premiums and discounts)44,839,562 25,344,347 70,183,909
Accrued claims payable 8,330,436 - 8,330,436
Accrued landfill closure and postclosure costs - 17,719,325 17,719,325
Less current portion of noncurrent liabilities (23,188,144) (2,379,809) (25,567,953)
Total noncurrent liabilities 215,762,014 46,100,206 261,862,220
Total liabilities 302,749,291 52,518,029 355,267,320
DEFERRED INFLOWS OF RESOURCES
Lease resources 1,799,534 - 1,799,534
Pension plan 11,895,341 353,867 12,249,208
OPEB County plan 17,096,205 508,585 17,604,790
OPEB RHIA 223,428 6,647 230,075
Total deferred inflows of resources 31,014,508 869,099 31,883,607
TOTAL LIABILITIES AND DEFERRED INFLOWS
OF RESOURCES 333,763,799 53,387,128 387,150,927
NET POSITION
Net investment in capital assets 179,244,593 37,443,048 216,687,641
Restricted for:
Capital projects 36,641,617 - 36,641,617
Public safety 15,208,555 - 15,208,555
County road 15,427,963 - 15,427,963
Health and welfare 32,958,721 - 32,958,721
Landfill closure and postclosure liability - 17,719,325 17,719,325
Net OPEB RHIA asset 1,976,895 58,810 2,035,705
Unrestricted (53,796,060) (11,030,626) (64,826,686)
TOTAL NET POSITION 227,662,284$ 44,190,557$ 271,852,841$
The notes to the financial statements are an integral part of this statement.
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-51-
Deschutes County, Oregon
Statement of Activities
For the Fiscal Year Ended June 30, 2024
Fees, Fines and Operating
Charges for Grants and Governmental Business-type
Expenses Services Contributions Activities Activities Total
Governmental:
General government 34,521,844$ 15,208,367$ 13,117,247$ (6,196,230)$ -$ (6,196,230)$
Public safety 107,768,750 5,859,723 9,458,871 (92,450,156) - (92,450,156)
County roads 35,000,781 30,635,504 - (4,365,277) - (4,365,277)
Health & welfare 76,969,969 5,042,923 70,030,216 (1,896,830) - (1,896,830)
Interest and fiscal charges 1,547,824 - - (1,547,824) - (1,547,824)
255,809,168 56,746,517 92,606,334 (106,456,317) - (106,456,317)
Business-type:
Solid Waste 19,875,561 17,380,055 - - (2,495,506) (2,495,506)
Fair and Expo Center 6,883,063 5,330,890 53,167 - (1,499,006) (1,499,006)
RV Park 493,271 526,442 - - 33,171 33,171
27,251,895 23,237,387 53,167 - (3,961,341) (3,961,341)
Total 283,061,063$ 79,983,904$ 92,659,501$ (106,456,317)$ (3,961,341)$ (110,417,658)$
General revenues:
Property taxes, levied for general purposes 51,751,786$ -$ 51,751,786$
Property taxes, levied for sheriff services 53,933,341 - 53,933,341
Transient room tax 12,438,741 - 12,438,741
Investment earnings 11,982,540 1,909,913 13,892,453
Transfers (1,802,609) 1,802,609 -
Total general revenues and transfers 128,303,799 3,712,522 132,016,321
Change in net position 21,847,482 (248,819) 21,598,663
Net position - beginning of year 205,814,802 44,439,376 250,254,178
Net position - end of year 227,662,284$ 44,190,557$ 271,852,841$
The notes to the financial statements are an integral part of this statement.
Total governmental activities
Total business-type activities
Net (Expense) Revenue and
Function/Program
Changes in Net PositionProgram Revenues
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Deschutes County, Oregon
Balance Sheet
Governmental Funds
June 30, 2024
Rural Law
General Enforcement Enforcement
Fund Sheriff District District Road
ASSETS
Cash and cash equivalents 5,666,415$ 424,885$ 1,339,902$ 481,730$ 2,206,633$
Investments, at fair value;
plus accrued interest 36,633,704 1,260,581 9,760,329 3,509,161 14,271,470
Taxes receivable 710,892 - 645,441 265,032 -
Accounts receivable, net 843,004 888,963 - - 83,596
Notes, contracts, and assessments receivable 280,432 - - - 263,228
Lease receivable 700,931 - - - -
Inventory - - - - 2,798,174
Total assets 44,835,378$ 2,574,429$ 11,745,672$ 4,255,923$ 19,623,101$
LIABILITIES
Accounts payable and other current liabilities 952,424$ 819,229$ -$ -$ 1,288,917$
Payroll liabilities 3,052,702 1,139,003 - - 219,409
Deposits 20,149 - - - -
Unearned revenue 1,343,702 465,942 - - 2,401,586
Total liabilities 5,368,977 2,424,174 - - 3,909,912
DEFERRED INFLOWS OF RESOURCES
Unavailable revenue - property taxes 618,187 - 562,229 230,811 -
Unavailable revenue - special assessments - - - - 87,497
Unavailable revenue - services provided 56,701 150,255 - - 197,729
Unavailable revenue - contracts of sale 229,122 - - - -
Unavailable revenue - leases 676,529 - - - -
Total deferred inflows of resources 1,580,539 150,255 562,229 230,811 285,226
FUND BALANCES
Nonspendable 47,062 - - - 2,798,174
Restricted - - 11,183,443 4,025,112 12,629,789
Committed 11,065,027 - - - -
Assigned 11,546,677 - - - -
Unassigned 15,227,096 - - - -
Total fund balances 37,885,862 - 11,183,443 4,025,112 15,427,963
Total liabilities, deferred inflows of resources
and fund balances 44,835,378$ 2,574,429$ 11,745,672$ 4,255,923$ 19,623,101$
The notes to the financial statements are an integral part of this statement.
Countywide Law
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Road Capital American Other Total
Improvement Health Rescue Campus Governmental Governmental
Plan Services Plan Act Improvement Funds Funds
2,246,176$ 5,723,051$ 1,429,303$ 5,275,835$ 7,284,291$ 32,078,221$
14,527,868 37,014,724 9,244,481 34,123,180 47,107,041 207,452,539
- - - - 1,758,894 3,380,259
563,855 9,769,895 - - 1,519,123 13,668,436
- - - - 20,296 563,956
- - - - 854,954 1,555,885
- - - - - 2,798,174
17,337,899$ 52,507,670$ 10,673,784$ 39,399,015$ 58,544,599$ 261,497,470$
1,870,634$ 1,595,072$ 110,069$ 1,224,663$ 1,886,133$ 9,747,141$
- 1,362,667 20,566 - 610,247 6,404,594
- - - - - 20,149
- 10,691,144 10,376,575 17,000,000 1,897,640 44,176,589
1,870,634 13,648,883 10,507,210 18,224,663 4,394,020 60,348,473
- - - - 185,474 1,596,701
- - - - - 87,497
- 5,900,066 - - 571,746 6,876,497
- - - - - 229,122
- - - - 818,803 1,495,332
- 5,900,066 - - 1,576,023 10,285,149
- - - - - 2,845,236
15,467,265 32,958,721 - 14,566,830 47,293,991 138,125,151
- - 166,574 6,607,522 5,280,777 23,119,900
- - - - - 11,546,677
- - - - (212) 15,226,884
15,467,265 32,958,721 166,574 21,174,352 52,574,556 190,863,848
17,337,899$ 52,507,670$ 10,673,784$ 39,399,015$ 58,544,599$ 261,497,470$
-54-
-55-
Deschutes County, Oregon
Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Position
June 30, 2024
Total fund balances for governmental funds 190,863,848$
Amounts reported for governmental activities in the statement of net position are different because:
Governmental capital assets 396,815,774
Less accumulated depreciation (181,796,692) 215,019,082
Prepaid expenses 887,547
OPEB RHIA Plan asset 1,820,287
Deferred outflows of resources - Debt refunding costs 564,710
Deferred outflows of resources - Pension plan 51,757,195
Deferred outflows of resources - OPEB County plan 3,926,940
Deferred outflows of resources - OPEB RHIA 38,636 56,287,481
Bonds and notes payable (41,869,519)
Accrued interest on bonds and notes payable (147,191)
Unamortized premium and discount on bonds (2,970,043)
Lease payable (7,697,069)
Subscription liabilities (1,068,235)
Total OPEB County Plan liability (21,835,884)
Net pension liability (127,728,632) (203,316,573)
(12,827,585)
A portion of the County's receivables will not be collected soon enough to pay for the current year's
expenditures and, therefore, are reported as deferred inflows of resources in the governmental funds. 8,789,817
Deferred inflows of resources - OPEB County plan (15,741,851)
Deferred inflows of resources - OPEB RHIA (205,728)
Deferred inflows of resources - Pension plan (10,952,996) (26,900,575)
Internal service funds are used by the County to charge the cost of insurance, facilities, administration,
finance, legal, human resources and information technology to County funds. The net position of the
internal service funds is included in governmental activities in the statement of net position. (2,961,045)
Net position of governmental activities 227,662,284$
The notes to the financial statements are an integral part of this statement.
Deferred inflows of resources are applicable to future periods and, therefore, are not reported in the
governmental funds:
Accrued compensated absences are not due and payable in the current period and, therefore,
are not reported in the governmental funds.
Noncurrent liabilities applicable to the County's governmental activities are not due and payable in
the current period and, accordingly, are not reported as fund liabilities. Interest on bonds and notes
payable is not accrued in governmental funds, but rather is recognized as an expenditure when due.
All liabilities, current and noncurrent, are reported in the statement of net position:
Deferred outflows of resources related to debt refunding costs and pensions are applicable to future
periods and, therefore, are not reported in the governmental funds:
Capital assets used in governmental activities are not financial resources and, therefore,
are not reported in the governmental funds:
-56-
Deschutes County, Oregon
Statement of Revenues, Expenditures, and Changes in Fund Balances
Governmental Funds
For the Fiscal Year Ended June 30, 2024
Rural Law
Enforcement Enforcement
General Fund Sheriff District District Road
REVENUES
Taxes - property 39,824,122$ -$ 38,421,471$ 15,363,801$ -$
Taxes - other - - - - -
Licenses and permits 43,020 404,595 - - -
Fines, forfeitures and penalties - 284,250 - - 2,296
Special assessments - - - - 6,051
Investment earnings 1,959,043 106,460 677,378 146,022 780,053
Rents 842,616 - - - 1,163
Intergovernmental 5,435,907 54,012,295 - - 24,929,080
Charges for services 1,871,711 691,016 - - 2,087,294
Contributions and donations 450 99,145 - - -
Payments on contracts of sale 129,615 - - - -
Other 62,227 61,656 - - -
Total revenues 50,168,711 55,659,417 39,098,849 15,509,823 27,805,937
EXPENDITURES
Current:
General government 13,293,611 - - - -
Public safety 19,451,213 56,679,717 37,043,299 12,896,370 -
County roads - - - - 16,069,883
Health and welfare 867,928 - - - -
Debt service:
Principal payments 38,543 345,432 - - 5,393
Interest - - - - -
Trustee fees - - - - -
Debt issuance costs - - - - -
Capital outlay 576,232 3,303,522 - - 1,779,381
Total expenditures 34,227,527 60,328,671 37,043,299 12,896,370 17,854,657
Excess (deficiency) of revenues
over expenditures 15,941,184 (4,669,254) 2,055,550 2,613,453 9,951,280
OTHER FINANCING SOURCES (USES)
Issuance of long-term debt - leases 69,472 1,184,502 - - -
Issuance of long-term debt - subscriptions - 103,823 - - -
Payment to refunded bond escrow agent - - - - -
Issuance of bonds - - - - -
Bonds premium - - - - -
Issuance of refunding bonds - - - - -
Transfers in 2,682,940 3,651,787 - - -
Transfers out (9,554,237) (270,858) - - (10,000,000)
Total other financing sources (uses) (6,801,825) 4,669,254 - - (10,000,000)
Net change in fund balances 9,139,359 - 2,055,550 2,613,453 (48,720)
Fund balances - beginning of year
As previously reported 28,746,503 - 9,127,893 1,411,659 15,476,683
Change from nonmajor to major fund - - - - -
Fund balances - beginning of year 28,746,503 - 9,127,893 1,411,659 15,476,683
Fund balances - end of year 37,885,862$ -$ 11,183,443$ 4,025,112$ 15,427,963$
The notes to the financial statements are an integral part of this statement.
Countywide Law
-57-
Road Capital American Other Total
Improvement Health Rescue Campus Governmental Governmental
Plan Services Plan Act Improvement Funds Funds
-$ -$ -$ -$ 11,825,960$ 105,435,354$
- - - - 12,438,741 12,438,741
- - - - 1,788,345 2,235,960
- - - - 609,362 895,908
- - - - - 6,051
1,126,316 2,083,894 562,877 543,926 2,935,616 10,921,585
- 12,964 - - 1,191,728 2,048,471
2,342,101 56,914,157 3,762,560 - 20,040,624 167,436,724
28,774 4,736,157 - 65,906 11,512,124 20,992,982
- 572,818 - - 6,506 678,919
- - - - - 129,615
- - - - 50,789 174,672
3,497,191 64,319,990 4,325,437 609,832 62,399,795 323,394,982
- - 3,762,561 111,327 20,828,819 37,996,318
- - - - 20,786,848 146,857,447
1,580,720 - - - 7,908,046 25,558,649
- 66,188,881 - - - 67,056,809
- 341,665 - - 3,787,201 4,518,234
- - - - 1,440,854 1,440,854
- - - - 900 900
- - - - 165,170 165,170
21,543,735 4,546,237 - 6,263,431 2,059,073 40,071,611
23,124,455 71,076,783 3,762,561 6,374,758 56,976,911 323,665,992
(19,627,264) (6,756,793) 562,876 (5,764,926) 5,422,884 (271,010)
- 4,009,840 - - 468,633 5,732,447
- - - - 137,604 241,427
- - - - (5,919,918) (5,919,918)
- - - 18,570,483 129,517 18,700,000
- - - 1,929,517 568,170 2,497,687
- - - - 5,395,000 5,395,000
12,500,000 6,418,731 - 572,544 8,547,154 34,373,156
- (877,923) (400,000) - (15,237,937) (36,340,955)
12,500,000 9,550,648 (400,000) 21,072,544 (5,911,777) 24,678,844
(7,127,264) 2,793,855 162,876 15,307,618 (488,893) 24,407,834
22,594,529 30,164,866 3,698 - 58,930,183 166,456,014
- - - 5,866,734 (5,866,734) -
22,594,529 30,164,866 3,698 5,866,734 53,063,449 166,456,014
15,467,265$ 32,958,721$ 166,574$ 21,174,352$ 52,574,556$ 190,863,848$
-58-
-59-
Deschutes County, Oregon
Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances
of Governmental Funds to the Statement of Activities
For the Fiscal Year Ended June 30, 2024
Amounts reported for governmental activities in the statement of activities are different because:
Net change in fund balances - total governmental funds 24,407,834$
Financial resources received that are not revenues in the statement of activities
Payments on land sale contracts (121,588)
Issuance of bonds and refunding bonds (24,095,000)
Bond premium (2,497,687)
Issuance of long-term debt - leases and subscriptions (5,973,874)
Revenues in the statement of activities that do not provide current financial resources are not reported
as revenues in the funds
Unavailable revenue - services provided 5,727,031
Unavailable revenue - special assessments and property taxes 249,773
Repayment of bond and other debt principal is an expenditure in the governmental funds,
but repayment reduces long-term liabilities in the statement of net position
Repayments on long-term debt 9,345,888
Governmental funds report capital outlays as expenditures. However, in the statement of activities,
the cost of these assets is allocated over their estimated useful lives and reported as depreciation
and amortization expense.
Acquisition of capital assets 40,071,611
Depreciation and amortization expense (14,015,951) 26,055,660
Net effect of miscellaneous transactions involving capital assets
(disposals, sales, trade-ins, transfers, and adjustments)(164,473)
Payments of lease and subscription liabilities is an expenditure in the governmental funds, but
repayment reduces long-term liabilities in the statement of net position 1,107,344
Some expenses reported in the statement of activities do not require the use of current financial
resources and, therefore, are not reported as expenditures in the governmental funds
Amortization of deferred debt refunding cost (61,441)
Amortization of bond premium / (discount), net 187,341
(Increase) / decrease in accrued interest (66,344)
(Increase) / decrease in compensated leave (1,922,818)
Increase / (decrease) in prepaid expense (29,666)
(Increase) / decrease in total OPEB County plan liability (984,334)
(Increase) / decrease in deferred outflows - OPEB County plan (424,418)
(Increase) / decrease in deferred inflows - OPEB County plan 2,638,113
Increase / (decrease) in net OPEB RHIA asset 320,631
Increase / (decrease) in deferred outflows - OPEB RHIA (102,919)
(Increase) / decrease in deferred inflows - OPEB RHIA (731)
(Increase) / decrease in net Pension plan liability (26,487,191)
Increase / (decrease) in deferred outflows - Pension plan (2,997,912)
(Increase) / decrease in deferred inflows - Pension plan 22,969,839 (6,961,850)
Decrease in internal service fund net position (5,231,576)
Total net adjustments - year ended June 30, 2024 (2,560,352)
Change in net position of governmental activities - year ended June 30, 2024 21,847,482$
The notes to the financial statements are an integral part of this statement.
-60-
Governmental
Activities
Fair and Expo Internal
Solid Waste Center RV Park Total Service Funds
ASSETS
Current assets:
Cash and cash equivalents 3,021,131$ 637,456$ 244,567$ 3,903,154$ 2,376,308$
Investments, at fair value, plus accrued interest 19,512,977 4,079,618 1,579,878 25,172,473 15,369,553
Accounts receivable 952,806 98,137 - 1,050,943 1,073,080
Lease receivable, current portion - - - - 206,339
Inventory - 17,891 - 17,891 -
Prepaid expenses - 295,682 12,576 308,258 502,675
Total current assets 23,486,914 5,128,784 1,837,021 30,452,719 19,527,955
Noncurrent assets:
Lease receivable - - - - 112,112
Net OPEB RHIA asset 37,836 19,712 1,262 58,810 156,608
Capital assets:
Land 1,791,352 132,685 - 1,924,037 -
Construction in progress 20,309,569 381,908 - 20,691,477 -
Buildings and improvements 10,090,804 21,981,922 916,001 32,988,727 -
Land improvements 37,539,210 8,735,934 2,735,388 49,010,532 195,977
Equipment and vehicles 9,634,928 1,193,673 13,711 10,842,312 1,739,818
Lease equipment 10,713 5,981 - 16,694 51,507
Infrastructure 6,223,456 - - 6,223,456 -
Intangible 123,595 - - 123,595 1,350,098
Subscription assets - - - - 368,186
Less accumulated depreciation and amortization (38,343,450) (16,412,519) (1,942,732) (56,698,701) (2,382,158)
Total noncurrent assets 47,418,013 16,039,296 1,723,630 65,180,939 1,592,148
Total assets 70,904,927 21,168,080 3,560,651 95,633,658 21,120,103
DEFERRED OUTFLOWS OF RESOURCES
Debt refunding 140,872 2,879 - 143,751 -
Pension plan 1,075,809 560,471 35,879 1,672,159 4,452,935
OPEB County plan 81,623 42,524 2,722 126,869 337,854
OPEB RHIA 803 418 27 1,248 3,324
Total deferred outflows of resources 1,299,107 606,292 38,628 1,944,027 4,794,113
TOTAL ASSETS AND DEFERRED OUTFLOWS
OF RESOURCES 72,204,034 21,774,372 3,599,279 97,577,685 25,914,216
Business-Type Activities - Enterprise Funds
Deschutes County, Oregon
Proprietary Funds
Statement of Net Position
June 30, 2024
-61-
Governmental
Activities
Fair and Expo Internal
Solid Waste Center RV Park Total Service Funds
LIABILITIES
Current liabilities:
Accounts payable and retainage payable 3,122,193 270,774 21,217 3,414,184 2,927,439
Payroll liabilities 117,057 46,001 4,269 167,327 376,030
Accrued interest 77,572 456 560 78,588 -
Unearned revenues - 377,915 - 377,915 -
Current portion of noncurrent liabilities 1,870,072 285,601 224,136 2,379,809 6,487,425
Total current liabilities 5,186,894 980,747 250,182 6,417,823 9,790,894
Noncurrent liabilities:
Compensated leave 366,967 205,636 6,784 579,387 1,565,640
Lease payable 2,170 2,683 - 4,853 24,823
Subscription liabilities - - - - 164,471
Net pension liability 2,654,907 1,383,163 88,564 4,126,634 10,989,166
Total OPEB County plan liability 453,870 236,459 15,140 705,469 1,878,655
Bonds and notes (net of unamortized -
premiums and discounts) 24,733,045 283,855 327,447 25,344,347 -
Accrued claims payable - - - - 8,330,436
Accrued landfill closure and postclosure costs 17,719,325 - - 17,719,325 -
Less current portion of noncurrent liabilities (1,870,072) (285,601) (224,136) (2,379,809) (6,487,425)
Total noncurrent liabilities 44,060,212 1,826,195 213,799 46,100,206 16,465,766
Total liabilities 49,247,106 2,806,942 463,981 52,518,029 26,256,660
DEFERRED INFLOWS OF RESOURCES
Lease resources - - - - 304,202
Pension plan 227,664 118,609 7,594 353,867 942,345
OPEB County plan 327,203 170,467 10,915 508,585 1,354,354
OPEB RHIA 4,276 2,228 143 6,647 17,700
Total deferred inflows of resources 559,143 291,304 18,652 869,099 2,618,601
TOTAL LIABILITIES AND DEFERRED INFLOWS
OF RESOURCES 49,806,249 3,098,246 482,633 53,387,128 28,875,261
NET POSITION
Net investment in capital assets 20,312,202 15,735,925 1,394,921 37,443,048 1,134,134
Restricted for:
Landfill closure and postclosure liability 17,719,325 - - 17,719,325 -
Net OPEB RHIA asset 37,836 19,712 1,262 58,810 156,608
Unrestricted (15,671,578) 2,920,489 1,720,463 (11,030,626) (4,251,787)
TOTAL NET POSITION 22,397,785$ 18,676,126$ 3,116,646$ 44,190,557$ (2,961,045)$
The notes to the financial statements are an integral part of this statement.
Business-Type Activities - Enterprise Funds
-62-
Governmental
Activities
Fair and Expo Internal
Solid Waste Center RV Park Total Service Funds
OPERATING REVENUES
Charges for services 17,380,055$ 5,330,890$ 526,442$ 23,237,387$ 52,969,365$
Total operating revenues 17,380,055 5,330,890 526,442 23,237,387 52,969,365
OPERATING EXPENSES
Personnel 4,666,965 1,971,979 138,147 6,777,091 15,630,383
Materials and services 7,846,971 4,197,656 239,808 12,284,435 43,371,859
Landfill closure/postclosure care costs 3,784,979 - - 3,784,979 -
Depreciation and amortization 2,746,065 706,302 105,998 3,558,365 409,308
Total operating expenses 19,044,980 6,875,937 483,953 26,404,870 59,411,550
Operating income (loss)(1,664,925) (1,545,047) 42,489 (3,167,483) (6,442,185)
NONOPERATING REVENUES (EXPENSES)
Grants - 53,167 - 53,167 -
Investment earnings (losses)1,607,049 218,958 83,906 1,909,913 1,045,875
Interest expense (827,244) (7,126) (9,318) (843,688) (456)
Gain (loss) on sale of assets (3,337) - - (3,337) -
Total nonoperating revenues (expenses) 776,468 264,999 74,588 1,116,055 1,045,419
Income (loss) before transfers (888,457) (1,280,048) 117,077 (2,051,428) (5,396,766)
TRANSFERS
Transfers in - 1,647,348 231,564 1,878,912 868,407
Transfers out (13,962) (10,777) (51,564) (76,303) (703,217)
Net other financing sources (uses)(13,962) 1,636,571 180,000 1,802,609 165,190
Change in net position (902,419) 356,523 297,077 (248,819) (5,231,576)
Net position - beginning of year, as restated 23,300,204 18,319,603 2,819,569 44,439,376 2,270,531
Net position - end of year 22,397,785$ 18,676,126$ 3,116,646$ 44,190,557$ (2,961,045)$
The notes to the financial statements are an integral part of this statement.
Business-Type Activities - Enterprise Funds
Deschutes County, Oregon
Proprietary Funds
Statement of Revenues, Expenses, and Changes in Net Position
For the Fiscal Year Ended June 30, 2024
-63-
Governmental
Activities
Fair and Expo Internal
Solid Waste Center RV Park Total Service Funds
Receipts from customers 17,604,127$ 5,247,768$ 513,866$ 23,365,761$ 52,722,222$
Payments to employees (3,931,844) (1,755,754) (90,886) (5,778,484) (13,864,390)
Payments to suppliers (6,934,442) (4,067,148) (237,742) (11,239,332) (41,832,780)
Net cash provided (used) by operating activities 6,737,841 (575,134) 185,238 6,347,945 (2,974,948)
Grants - 53,167 - 53,167 -
Transfers in - 1,647,348 231,564 1,878,912 868,407
Transfers out (13,962) (10,777) (51,564) (76,303) (703,217)
Net cash provided (used) by noncapital financing activities (13,962) 1,689,738 180,000 1,855,776 165,190
Acquisition and construction of capital assets (15,581,421) (573,592) (7,294) (16,162,307) (244,601)
Principal paid on capital debt (1,318,175) (93,258) (212,878) (1,624,311) -
Interest paid on capital debt (984,344) (6,882) (9,718) (1,000,944) -
Payments for leases (2,870) (1,483) (364) (4,717) (14,838)
Interest paid on leases (34) (83) (1) (118) (514)
Payments for subscriptions - - - - (101,068)
Due to other funds - - - - (129,811)
Net cash provided (used) by capital and related financing activities (17,886,844) (675,298) (230,255) (18,792,397) (490,832)
CASH FLOWS FROM INVESTING ACTIVITIES
Sale (purchase) of investments 9,092,446 (480,429) (153,747) 8,458,270 2,437,221
Interest 848,841 136,585 50,973 1,036,399 596,967
Net cash provided (used) by investing activities 9,941,287 (343,844) (102,774) 9,494,669 3,034,188
Net increase (decrease) in cash and cash equivalents (1,221,678) 95,462 32,209 (1,094,007) (266,402)
Balances - beginning of year 4,242,809 541,994 212,358 4,997,161 2,642,710
Balances - end of year 3,021,131$ 637,456$ 244,567$ 3,903,154$ 2,376,308$
Reconciliation of operating income (loss) to net cash
provided (used) by operating activities:
Operating income (loss) (1,664,925)$ (1,545,047)$ 42,489$ (3,167,483)$ (6,442,185)$
Adjustments to reconcile operating income (loss)
to net cash provided (used) by operating activities:
Amortization of deferred lease resources - - - - (199,126)
Depreciation and amortization expense 2,746,065 706,302 105,998 3,558,365 409,308
Change in operating accruals:
Receivables 224,072 40,119 - 264,191 11,868
Prepaid expenses and inventory - (95,358) (12,576) (107,934) (259,011)
Accounts payable 912,529 130,508 2,066 1,045,103 1,371,305
Payroll liabilities 35,865 375 1,502 37,742 44,049
Claims payable - - - - 366,900
Unearned revenues - (27,883) - (27,883) -
Compensated leave 143,764 33,257 4,332 181,353 342,608
Net OPEB RHIA asset (10,188) (3,960) (628) (14,776) (30,564)
Net OPEB liability 112,353 25,809 10,761 148,923 183,196
Net pension liability 453,327 160,744 31,294 645,365 1,226,704
Accrued closure / postclosure 3,784,979 - - 3,784,979 -
Net cash provided (used) by operating activities 6,737,841$ (575,134)$ 185,238$ 6,347,945$ (2,974,948)$
NONCASH INVESTING, CAPITAL, AND FINANCING ACTIVITIES
Change in fair value of investments 771,231$ 74,269$ 29,941$ 875,441$ 722,009$
Lease receivable for deferred inflow of resources -$ -$ -$ -$ 374,633$
Subscription asset and liability -$ -$ -$ -$ 67,355$
Lease asset and liability -$ -$ -$ -$ 22,292$
The notes to the financial statements are an integral part of this statement.
CASH FLOWS FROM OPERATING ACTIVITIES
CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES
CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES
Business-Type Activities - Enterprise Funds
Deschutes County, Oregon
Proprietary Funds
Statement of Cash Flows
For the Fiscal Year Ended June 30, 2024
-64-
Deschutes County, Oregon
Statement of Fiduciary Net Position
Fiduciary Funds
June 30, 2024
Custodial
Funds
ASSETS
Cash and cash equivalents 937,695$
Investments, at fair value; plus accrued interest 6,064,852
Taxes receivable for other governments 7,164,350
Accounts receivable 120,608
Notes receivable 858,565
Total assets 15,146,070
LIABILITIES
Accounts payable 77,655
Deposits 3,372,665
Due to other governments 8,678,466
Total liabilities 12,128,786
DEFERRED INFLOWS OF RESOURCES
Unavailable revenue - land auction sales 858,565
Total deferred inflows of resources 858,565
NET POSITION
Restricted for:
Individuals, organizations, and other governments 2,218,677
Unrestricted (59,958)
Total net position 2,158,719$
The notes to the financial statements are an integral part of this statement.
-65-
Statement of Changes in Fiduciary Net Position
Fiduciary Funds
Custodial
Funds
ADDITIONS
Investment earnings
Interest on land sale loans 41,552$
Net increase in fair value of investments 393,334
Property tax collections for other governments 508,358,494
Fines, forfeitures and penalties 1,202,495
Rents 36
Collections for services provided to other governments 108,606
Charges for services 3,048,918
Total additions 513,153,435
DEDUCTIONS
Payment of property taxes to other governments 508,149,088
Payment of services to other governments 887,931
Public safety 3,965,577
Total deductions 513,002,596
Change in Fiduciary net position 150,839
Net position - beginning of year 2,007,880
Net position - end of year 2,158,719$
The notes to the financial statements are an integral part of this statement.
For the Fiscal Year Ended June 30, 2024
Deschutes County, Oregon
-66-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
A. Reporting Entity
Deschutes County is a municipal corporation governed by three Commissioners, elected at-large. The
accompanying financial statements present the activities of Deschutes County (the County), and its five component
units, entities for which the County is considered to be financially accountable and for which a financial benefit or
burden exists. Blended component units, although legally separate entities, are, in substance, part of the County’s
operations. The Board of County Commissioners is the governing body for each component unit.
Following is a brief description of each blended component unit included within the reporting entity.
Countywide Law Enforcement District (District #1) – The district contracts with Deschutes County for law
enforcement services that are provided to all County residents.
Rural Law Enforcement District (District #2) – The district contracts with Deschutes County for patrol services in
those portions of Deschutes County not serviced by city or special district law enforcement departments.
Deschutes County 9-1-1 Service District – The district operates the County 9-1-1 call center.
Extension and 4-H Service District – The district provides resources for support staff and a program coordinator
for Oregon State University Extension Service.
Deschutes County Road Agency – The Agency contracts with Deschutes County to provide road construction
services in Deschutes County.
The component units described above have been included in these financial statements. Each component unit’s
individual audited financial statements are issued and are available in the Deschutes County Finance Department.
There are other districts within the County that have not been included as component units of the County. The
Board of County Commissioners appoints the boards of special road districts and vector districts; however, the
County Commission does not exercise administrative or financial control and the County does not have a financial
benefit or burden due to these districts. These districts are autonomous Oregon municipal corporations and are not
considered component units of Deschutes County.
New Accounting Pronouncements
During the fiscal year ended June 30, 2024, the County implemented GASB Statement No. 100, Accounting Changes
and Error Corrections. This Statement’s primary objective is to enhance the accounting and financial reporting
requirements for accounting changes and error corrections to provide more understandable, reliable, relevant,
consistent, and comparable information for making decisions or assessing accountability. As a result, only
presentation adjustments to the financial statements were necessary, and the adoption of this pronouncement had
no effect on the net position, results of operations, or cash flows for the period.
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
GASB has issued the following pronouncements that may affect future financial position, results of operations, cash
flows, or financial presentation of the County upon implementation. These pronouncements have not yet been
implemented by the County:
B. Government-wide and Fund Financial Statements
The government-wide financial statements, consisting of the Statement of Net Position and the Statement of
Activities, report information on all non-fiduciary activities of the County and its component units. The effect of
interfund activity has been removed from these statements, except where necessary to account for the cost of a
program. Governmental activities, which are supported primarily by taxes and intergovernmental revenues, are
reported separately from business-type activities, which rely to a significant extent on fees and charges for support.
The Statement of Activities demonstrates the degree to which the direct expenses of a given function or segment
are offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or
segment. Indirect expenses, as charged by internal service funds, are included as part of the specific function or
segment expenses as shown on the Statement of Activities.
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
included among program revenues are reported instead as general revenues.
Separate financial statements are provided for governmental funds, proprietary funds and fiduciary funds. Fiduciary
funds are excluded from the government-wide financial statements. Major individual governmental and enterprise
funds are reported in separate columns in the fund financial statements.
C. Measurement Focus, Basis of Accounting and Financial Statement Presentation
The accounting and financial reporting treatment is determined by the applicable measurement focus and basis of
accounting. Measurement focus indicates the type of resources being measured such as current financial resources
or economic resources. The basis of accounting indicates the timing of transactions or events for recognition in
financial statements.
GASB Fiscal Year
Statement No. GASB Accounting Standard Effective
101 Compensated Absences 2025
102 Certain Risk Disclosures 2025
103 Financial Reporting Model Improvements 2026
104 Disclosure of Certain Capital Assets 2026
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
The government-wide and proprietary fund 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 at the time the liabilities are incurred, regardless of when the related cash flows take place. Property taxes
are recognized in the year for which they are levied.
Non-exchange transactions, in which the County gives, or receives, value without directly receiving or giving equal
value in exchange, include property taxes, grants, entitlements and donations. Revenue from grants and similar
items are recognized in the fiscal year in which all eligibility requirements imposed by the provider have been
satisfied.
The governmental fund financial statements are reported using the current financial resources measurement focus
and the modified accrual basis of accounting. Revenues are recognized when both measurable and available.
Revenues are considered to be available when they are collectible within the fiscal year or soon enough after to pay
liabilities of the current fiscal year. For this purpose, the County considers revenues to be available if they are
collected within 60 days of the end of the fiscal year. Expenditure-driven grants are recorded as revenue when the
qualifying expenditures have been incurred and all other grant requirements have been met. Expenditures are
generally recorded when a liability is incurred, as under accrual accounting. However, debt service, compensated
absences, certain post-employment benefits, and claims and judgments expenditures are recorded at the time such
payment is due. Capital asset transactions are reported as expenditures in governmental funds. Proceeds of
general long-term debt and financing from leases are reported as other financing sources.
Property taxes, transient room taxes, licenses and interest associated with the current fiscal year are all considered
to be susceptible to accrual and so have been recognized as revenues of the current fiscal year. Only the portion of
special assessments receivable, due within the current fiscal year, is considered to be susceptible to accrual as
revenue of the current fiscal year. All other revenue items are considered to be measurable and available only when
cash is received by the County.
Fiduciary funds, which are all custodial funds, utilize the accrual accounting method and the economic resources
measurement focus.
The accounts of the County are organized on a fund basis. A fund is an independent fiscal and accounting entity
with a self-balancing set of accounts recording assets, deferred outflows of resources, liabilities, deferred inflows of
resources, revenues and expenditures/expenses. Separate statements for each fund category, governmental,
proprietary, or fiduciary, are presented.
The County maintains certain additional sub-funds for its management needs. These sub-funds are combined into
the appropriate fund for financial statement purposes as required by accounting principles generally accepted in
the United States of America.
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
Major Funds
Governmental Funds – The County reports the following major governmental funds:
Enterprise Funds – The County operates three enterprise activities, two of which have been determined to be major.
Additionally, the County reports the following fund types:
General Fund The financial resources of the general government are accounted for in the General Fund and in sub-funds of the
General Fund, except those that are accounted for in another fund. The General Fund’s primary revenue sources
are property taxes, Federal and State of Oregon payments and fees for services. The major expenditure category is
general government services.
Sheriff’s Office The revenues generated by Sheriff’s activities and payments received, pursuant to intergovernmental agreements
with the Countywide Law Enforcement District and Rural Law Enforcement District, are accounted for in the
Deschutes County Sheriff’s Fund. Activities of the Sheriff’s Office include corrections, patrol, investigations,
records, search and rescue activities, court security, and administration.
Countywide Law
Enforcement District
(District #1)
Property taxes levied by the Countywide Law Enforcement District are accounted for in this fund. The
expenditures are limited to payments made to Deschutes County, pursuant to an intergovernmental agreement,
for countywide law enforcement services.
Rural Law Enforcement
District (District #2)
Property taxes levied by the Rural Law Enforcement District are accounted for in this fund. The expenditures are
limited to payments made to Deschutes County, pursuant to an intergovernmental agreement for patrol services
in those portions of Deschutes County not served by city or special service district law enforcement departments.
Road The financial resources, primarily Federal Forest Receipts, Federal Payment in Lieu of Taxes and State Motor
Vehicle revenue, of the County’s Road Department are used for the building, repair and maintenance of the
County’s roads, bridges, culverts, street lighting and drainage.
Road Capital Improvement
Plan (Road CIP)
The financial resources, primarily transfers from the Road fund, are used for CIP projects on the County’s roads,
bridges, culverts, street lighting and drainage.
Health Services The financial resources, primarily fees for services and grants from the State of Oregon and federal government,
are used to provide public and mental health services and counseling.
American Rescue
Plan Act (ARPA)
The financial resources, $43 million in Federal funding, are used for COVID19 support, local fiscal recovery and
other eligible causes.
Campus
Improvement
The financial resources, primarily debt and grant revenues, are used for CIP projects for campus improvements.
Solid Waste Accounts for the operations of the County’s landfill and transfer station sites.
Fair & Expo Center Accounts for the operations of the County’s Fair & Expo Center, including the annual county fair.
RV Park Accounts for the operation and maintenance of the County’s recreational vehicle park.
Internal service funds Accounts for the facilities, administrative, county commission, finance, legal, personnel, information technology
and insurance services provided to other County departments on a cost reimbursement basis.
Custodial funds Accounts for various activities including the accumulation and distribution of property taxes, escrow for
developers, funds prior to adjudication, inter-governmental law enforcement activities, justice court and various
other collection and escrow activities.
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
Amounts reported as program revenues include: (1) charges to customers or applicants for goods, services or
privileges provided, (2) operating grants and contributions and (3) capital grants and contributions. General
revenues include all taxes and investment earnings (losses).
Operating revenues and expenses are reported separately from non-operating items in the Proprietary Funds.
Operating revenues and expenses generally result from providing services in connection with a proprietary fund’s
principal ongoing operations. The principal operating revenues of the RV Park, Solid Waste and Fair and Expo
Center are payments received from third parties for services. Operating expenses for the enterprise funds and
internal service funds include the cost of providing services, administrative expenses and depreciation and
amortization on capital assets. All revenues and expenses not meeting this definition are reported as non-operating
revenues and expenses.
D. Budget Policy
Budgets are prepared pursuant to Oregon Local Budget Law as adopted under Oregon Revised Statute Chapter
294. Any deviation between Oregon Local Budget Law and GAAP are treated as reconciling items on the budget to
actual schedules. The County adopts annual budgets for each of its funds and sub-funds, as required by State law.
The County does not prepare budgets for its fiduciary funds.
The resolution, authorizing appropriations for each fund, sets the level by which expenditures cannot lawfully
exceed appropriations. The levels of control established by the resolution are: program or organizational unit, debt
service, transfers out, special payments, contingency and reserve for future expenditure. The County’s published
budget contains more specific detailed information for the above-mentioned expenditure categories. Unexpected
additional resources may be appropriated through the use of a supplemental budget and appropriation resolution.
Original and supplemental budgets may be modified by the use of appropriation transfers between the levels of
control. Such transfers require approval of the Board of County Commissioners. Appropriations lapse at year-end.
E. Assets, Liabilities, Deferred Outflows/Inflows of Resources, and Net Position/Fund Balance
1. Cash and Cash Equivalents
Cash and cash equivalents are considered to be cash on hand, demand deposits and short-term investments
with original maturities of three months or less from date of acquisition. The cash balances of all funds,
including the custodial funds, are pooled and invested by the County Treasurer for the purpose of increasing
earnings through investment activities. Investments are reported at fair value as of June 30, 2024, based on
market prices and include accrued interest. Earnings on the pooled monies are apportioned and credited to
each fund monthly, based on the average daily balances of each participating fund.
2. Receivables and Payables
All trade and property tax receivables are shown net of an allowance for uncollectible amounts. Notes
receivable reported in governmental funds include loans that are not expected, or scheduled, to be collected in
the subsequent year.
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
The County is responsible for the assessment, collection, and apportionment of property taxes for all taxing
jurisdictions within the County. Taxes are levied as of July 1 based on assessed values as of January 1. Property
tax payments are due in three equal installments on November 15, February 15, and May 15. A discount of 3% is
available if taxes are paid in full by November 15, and a discount of 2% on the unpaid balance is available if
taxes are paid in full by February 15. Property taxes become a lien on the property on July 1.
3. Lease Receivables
Lease receivables are recognized at the net present value of the lease payments expected to be received at a
borrowing rate either explicitly described in the agreement or implicitly determined by the County, reduced by
principal payments received.
4. Inventories and Prepaid Expenses
Inventories are valued at cost using the first in/first out (FIFO) method. For governmental funds, purchases of
inventory are recorded as expenditures when purchased. Inventories of governmental funds are reported as an
asset with a corresponding offset to nonspendable fund balance.
Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as
expenditures in governmental funds and as prepaid items in the government-wide and proprietary fund
financial statements.
5. Capital Assets
Capital assets, which include property, plant, equipment, infrastructure (e.g., roads, bridges, sidewalks and
similar items) and intangible assets, are reported in the applicable governmental or business-type activities
columns in the government-wide statement of net position. Capital assets are those assets with an initial
individual cost of $5,000 or more and an estimated useful life in excess of one year. Such assets are recorded at
historical cost or estimated historical cost.
The County reports infrastructure assets on a network and subsystem basis. The amounts spent for the
construction or acquisition of infrastructure assets are capitalized and reported in the government-wide
financial statements. General infrastructure assets (i.e., those reported by governmental activities) include all
such items acquired or constructed in fiscal years ending after June 30, 1980. Historical cost was estimated by
back trending (i.e., estimating the current replacement cost of the infrastructure to be capitalized and using an
appropriate price-level index to deflate the cost to the acquisition year).
The cost of repairs, maintenance and remodel that do not add to the value of the asset or materially extend
asset lives are not capitalized. As required by Governmental Accounting Standards Board (GASB) 72, donated
capital assets are recorded at acquisition value at the date of donation.
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
Capital assets are depreciated using the straight-line method, using a half-year convention, over the following
estimated useful lives:
6. Lease Assets
Lease assets are assets which the County 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.
7. Subscription Assets
Subscription assets are subscription-based information technology arrangements with a term of more than one
year. The value of subscription assets is determined by the net present value of the subscription at the County’s
incremental borrowing rate at the time of the license agreement, amortized over the term of the agreement.
8. Unearned revenues
Unearned revenues will be recognized as revenue in the fiscal year earned in accordance with the accrual
basis of accounting. Revenue is considered earned when measurable and all eligibility criteria are met.
9. Deferred Outflows/ Inflows of Resources
The statement of net position includes separate sections for deferred outflows of resources and deferred
inflows of resources. The separate financial statement element, deferred outflows of resources, represents a
consumption of net assets that applies to future periods and will not be recognized as an outflow of resources
(expense/expenditure) until then. The separate financial statement element, deferred inflows of resources,
represents an acquisition of net assets that applies to future periods and will not be recognized as an inflow of
resources (revenue) until then.
Deferred inflows of resources are reported on the governmental funds balance sheets as a result of reporting
using the modified accrual method. The government funds report unavailable revenues from five sources:
property taxes, special assessments, services provided, contracts of sale, and leases. These amounts are
deferred and recognized as an inflow of resources in the period the amounts become available.
Years
Buildings 30-60
Building improvements 10-15
Land improvements 10-30
Equipment and vehicles 2-20
Infrastructure 20-50
Intangibles 3-10
Assets
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
10. Compensated Absences
It is Deschutes County’s policy to permit employees to accumulate earned but unused vacation, time
management (a leave-with-pay program, including sick, vacation, and family emergency), compensatory time
and sick leave. Except in the two cases noted below, no liability for unpaid accumulated sick leave is recorded
because the County does not pay sick leave when employees separate from service with the County. Exceptions
to non-payment of sick leave are: (1) non-represented employees receive one-half of any sick leave earned, and
(2) employees who are members of the Public Works union receive one-half of any sick leave upon separation,
following at least five years of service. A liability for the vested portion of vacation, sick leave and time
management is reported in the proprietary funds statement of net position and the government-wide
statement of net position.
11. Pension Plan
For purposes of measuring the net pension asset/liability and pension expense, information about the fiduciary
net position of the Oregon Public Employee Retirement System cost-sharing multiple-employer defined benefit
pension plan (benefit plan) and additions to/deductions from the benefit plan’s fiduciary net position have been
determined on the same basis as they are reported by the benefit plan. For this purpose, benefit payments
(including refunds of employee contributions) are recognized when due and payable in accordance with the
benefit terms. Investments are reported at fair value.
12. Other Post-Employment Benefits Other Than Pensions (OPEB) (Asset)/Liability
For purposes of measuring the net OPEB liability, deferred outflows of resources and deferred inflows of
resources related to OPEB and the OPEB expense information about the fiduciary net position of the County's
Retiree Health Plan (the Plan) and additions to/deductions from the Plan's fiduciary net position have been
determined on the same basis as they are reported by the Plan. For this purpose, the Plan recognizes benefit
payments when due and payable in accordance with the benefit terms.
13. Total OPEB (Asset)/Liability
The total OPEB asset or liability is reported as non-current asset or as non-current liability, as applicable, in the
proprietary statement of net position and in the government-wide statement of net position. The asset or
liability reflects the present value of expected future payments.
14. Long-Term Obligations
Long-term debt and other long-term obligations are reported as liabilities in the government-wide statement of
net position in the applicable governmental activities and business-type activities columns and in the
proprietary funds statement of net position. Bond premiums and bond discounts are amortized over the life of
the bonds using the straight-line method.
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
15. Leases and Subscriptions Payable
In the government-wide financial statements, leases and subscriptions payable are reported as liabilities in the
Statement of Net Position. In the governmental fund financial statements, the present value of lease and
subscription payments are reported as other financing sources.
16. Net Position
Net position represents the difference between assets plus deferred outflows of resources less liabilities and
deferred inflows of resources. The County reports the following subcategories of net position:
Net investment in capital assets – represents the difference between capital assets less accumulated
depreciation and amortization, deferred outflows of resources, and the outstanding balance of debt
(excluding unexpended proceeds).
Restricted net positions are reported as restricted when there are limitations imposed on their use either
through enabling legislation adopted by the County or through external restrictions imposed by
creditors, grantors, laws, or regulations of other governments. The following are major classes of
restricted net positions:
Capital projects – Represents funds legally restricted by debt covenants for the acquisition,
construction, or improvement of specified capital assets.
Debt service – Represents funds legally restricted by Oregon statute for payment of principal
and interest on outstanding general obligation and limited tax bonds.
Public safety – Represents funds generated through voter approved property taxes for
countywide law enforcement services, patrol services, and emergency call center operations.
County road – Represents funds generated by fuel tax and related revenues legally restricted by
Oregon statute for road and road related projects.
Health and welfare – Represents funds generated by grant revenues restricted to approved
activities.
Landfill closure and postclosure liability – Represents the County’s environmental obligations
derived from the Knott landfill closure and post-closure maintenance cost estimates.
Unrestricted represents all other net positions that are not restricted and do not meet the definition of
net investment in capital assets.
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
17. Fund Balance Reporting
The County reports its governmental fund balances in accordance with GASB 54, Fund Balance Reporting and
Governmental Fund Type Definitions. Under GASB 54, fund balances are required to be reported according to the
following classifications:
Nonspendable fund balance – Includes amounts that cannot be spent because they are either not in
spendable form, or, for legal or contractual reasons, must be kept intact. This classification includes
inventories, prepaid amounts, assets held for sale and the General Fund’s long-term receivables.
Restricted fund balance – Constraints placed on the use of these resources are either externally
imposed by creditors (such as through debt covenants), grantors, contributors or other governments; or
are imposed by law (through constitutional provisions or enabling legislation). This classification
includes the long-term receivables of the special revenue funds.
Committed fund balance – Amounts that can be used only for specific purposes because of a resolution
approved by the County’s highest level of decision-making authority, the Board of County
Commissioners. Such constraint remains legally binding unless removed in the same manner.
Assigned fund balance – Amounts that are constrained by the County’s intent to be used for specific
purposes, but that do not meet the criteria to be classified as restricted or committed. Intent is
stipulated by the Board of County Commissioners or the department head with budgetary responsibility
for such fund. This policy is established by the Financial Policies approved by the Board of County
Commissioners on December 15, 2014.
Unassigned fund balance – The residual classification of the General Fund. Only the General Fund
reports a positive unassigned fund balance. A negative balance must be reported in this classification
for governmental funds, other than the General Fund, as the result of overspending for specific
purposes for which amounts had been restricted, committed or assigned.
The County reduces restricted amounts first, if any, when expenditures are incurred for purposes for which
restricted and unrestricted (committed, assigned, or unassigned) amounts are available. The County next
reduces committed amounts, followed by assigned amounts then unassigned amounts when expenditures are
incurred for purposes for which amounts in any of those restricted fund balance classifications could be used.
Sometimes the County will fund outlays for a particular purpose from both restricted (e.g., restricted bond or
grant proceeds) and unrestricted resources. In order to calculate the amounts to report as restricted – net
position and unrestricted – net position in the government-wide and proprietary fund financial statements, a
flow assumption must be made about the order in which the resources are considered to be applied. It is the
County’s policy to consider restricted–net position to have been depleted before unrestricted–net position is
applied.
18. Use of Estimates
The preparation of the financial statements in conformity with generally accepted accounting principles
requires management to make estimates and assumptions that affect the amounts reported in the financial
statements and accompanying notes. Actual results could differ from those estimates.
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 2 – STEWARDSHIP, COMPLIANCE, AND ACCOUNTABILITY
A. Budgetary Information
On an annual basis, County department personnel submit budgets to the Budget Officer for each fund for which
they are responsible. The Budget Officer is appointed by the Board of County Commissioners. Based on the
budgets submitted by County department personnel, the Budget Officer prepares the proposed budget, by fund,
department, program, category and line item.
The proposed budget includes information on the prior two years’ actual revenues and expenditures, the current
year budget and estimated resources and requested appropriations of such resources for the ensuing year.
The proposed budget is presented by the Budget Officer to the Budget Committee for approval. The Budget
Committee holds public meetings and may make changes to the proposed budget. The Budget Committee submits
the approved budget to the governing body of the County for adoption. The governing body announces a public
hearing, and after considering matters discussed, may make changes to the budget prior to its adoption. Such
changes cannot exceed 10% of the appropriations of the approved budget or a change in the amount of the ad
valorem taxes without re-publication of the budget and another public hearing.
After the budget is adopted, changes to appropriations are sometimes necessary. The governing body may make
additional appropriations to (1) expend new grant revenues received during the fiscal year, (2) adopt a
supplemental budget for occurrences or needs not foreseen at the time the budget was adopted and (3) approve
appropriation transfers. It is, however, unlawful to overspend a category of appropriation.
In accordance with State statutes, appropriations are approved before the beginning of the fiscal year and lapse at
June 30 of the year of appropriation. Encumbrances are not reported in the financial statements.
B. Funds with Negative Fund Balances/ Negative Net Position
Negative fund balance is reported in one Special Revenue Fund:
Justice Court: $212
Negative net position is reported in seven of the Internal Service Funds:
Facilities: $1,335,614 Administrative Services: $1,442,715
Board of County Commissioners: $234,715 Finance: $633,503
Legal: $1,406,838 Human Resources: $1,221,151
Information Technology: $2,816,678
For each of these funds, the negative net position balances are due to (1) noncurrent liabilities for compensated
absences, (2) total OPEB liability and (3) net pension liability and deferred inflows of resources related to the defined
benefit plan. It will be necessary to expend future resources to satisfy the noncurrent liabilities. The amortization in
future periods of the deferred inflows of resources will increase net position.
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 3 – DETAILED NOTES ON ALL FUNDS
A. Cash and Cash Equivalents
Custodial Credit Risk
Custodial credit risk is the risk that in the event of a bank failure, the County’s deposits may not be returned. State
statutes require that all bank deposits in excess of the Federal Deposit Insurance Corporation (FDIC) insurance
amounts be collateralized through the Oregon State Treasurer’s Public Funds Collateralization Program. This
program provides a structure for specified depositories to participate in a shared liability collateral pool.
Securities pledged by individual institutions may range from 10% to 110% of public fund deposits depending on the
financial institution’s level of capitalization as determined by its federal regulatory authority. The securities pledged
are designated as subject to the Pledge Agreement between the depository bank, custodian bank and Office of the
State Treasurer (OST) and are held for the benefit of OST on behalf of the public depositors. The County’s funds
were held by financial institutions that participated in the State Treasurer’s program and were in compliance with
statutory requirements.
At June 30, 2024, the County had the following bank balances:
The amounts above include the County’s investments in certificates of deposit and money market funds, which are
reported as investments on the Statement of Net Position.
B. Investments
As of June 30, 2024, the County had the following investments and maturities:
Insured (FDIC)251,587$
Collateralized by securities held by the pledging financial institution
in the financial institution's name 32,918,061
Total 33,169,648$
Investment Type Fair Value
Federal agency securities 195,446,613$ 365
Corporate notes 30,752,934 487
Municipal bonds 25,087,204 494
Certificates of Deposit 1,239,424 401
Total fair value 252,526,175
Portfolio weighted average maturity 393
Accrued interest 1,533,242
Investments, at fair value; plus accrued interest 254,059,417$
Weighted Average
Maturity (Days)
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 3 – DETAILED NOTES ON ALL FUNDS (Continued)
Credit Risk
Credit risk is the risk that an issuer or other counterparty to an investment will not fulfill its obligation. Oregon
Revised Statutes, Chapter 294, authorizes the County to invest in obligations of the United States Treasury and
United States Government agencies and instrumentalities, certain bankers’ acceptances, repurchase agreements,
certain high-grade commercial paper and corporate bonds and obligations of states and municipalities. The
County’s investment policy has been approved by the County Commissioners and specifies the County’s investment
objectives, required diversification, certain limitations and reporting requirements. The County’s investments in
certain types of securities are required to be rated by nationally recognized statistical rating organizations.
Commercial paper and corporate bonds must be rated at least A1/P1/F1 or A2/A/A respectively by at least two
nationally recognized statistical rating organizations. State and Municipal securities are required to be rated at least
Aa3/AA-/AA-.
As of June 30, 2024, the County’s investments in corporate bonds were rated A3 to Aaa and its state and municipal
securities were rated Aa3 to Aaa. United States Government agencies and instrumentalities that are only implicitly
guaranteed by the United States were rated AAA. Certain agency and treasury securities are either principal or
interest coupons stripped from otherwise rated securities.
Custodial Credit Risk
Custodial credit risk is the risk that, in the event of the failure of the counterparty to a transaction, the government
will not be able to recover the value of an investment or collateral securities in the possession of an outside party.
The County’s investment policy requires that the custodian provide annual financial statements, provide proof of its
employees to act in this capacity and subject itself to the County’s annual evaluation of the firm’s creditworthiness.
Concentration of Credit Risk
Concentration of credit risk is the risk of loss attributed to the magnitude of a government’s investment in a single
issuer. The County’s investment policy provides that the maximum that may be invested in any one issuer, as a
percentage of total investments, is 100% for US Treasury, 100% for US Government agencies and 33% in any single
government sponsored enterprise, $59,847,000 in the State of Oregon Investment Pool (the maximum imposed by
state statute), 50% in Certificates of Deposit, 25% for Bankers’ Acceptances, 25% for Commercial paper and
Corporate notes and 5% in any one corporation, subsidiaries or affiliates, 25% for State and Local Government
Securities. On June 30, 2024, the County did not hold investments with any one issuer that exceeded these limits.
Foreign Currency Risk
The County’s investment policy prohibits investments that are not U.S. dollar-denominated; therefore, the County is
not exposed to this risk.
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 3 – DETAILED NOTES ON ALL FUNDS (Continued)
Local Government Investment Pool
The Local Government Investment Pool (LGIP) is included in the Oregon Short-Term Fund (OSTF), which was
established by the State Treasurer. OSTF is not subject to SEC regulation. OSTF is subject to requirements
established in Oregon Revised Statutes, investment policies adopted by the Oregon Investment Council, and
portfolio guidelines established by the Oregon Short-Term Fund Board. The Governor appoints the members of the
Oregon Investment Council and the Oregon Short-Term Fund Board. The LGIP is an open-ended, no-load diversified
portfolio offered to eligible participants who by law are made custodian of, or have control over, any public funds.
The OSTF (including LGIP) are not rated by the credit rating agencies; however, it does target a composite rating of
AA (S&P) for its holdings. At June 30, 2024, the fair value of the County’s position in the pool is the same as the value
of the pool shares, which approximates cost; and the composite credit rating of the OSTF's holdings on
June 30, 2024, was AA (S&P). The County’s participation in LGIP is voluntary. Weighted average maturity is 393 days.
Summary of Carrying Amounts
The carrying amounts of the County’s deposits and investments shown above are included in the following financial
statements at June 30, 2024, as follows:
Reconciliation of deposits and investments to the Statement of Net Position
and Statement of Net Position - Fiduciary Funds
Total Deposits 39,295,378$
Total Investments, at fair value plus accrued interest 254,059,417
293,354,795$
Included in the following captions:
Statement of Net Position
Total Cash and Cash Equivalents 38,357,683$
Total Investments, at fair value plus accrued interest 247,994,565
Total Statement of Net Position 286,352,248
Statement of Net Position - Fiduciary Funds
Total Cash and Equivalents 937,695
Total Investments, at fair value plus accrued interest 6,064,852
Total Fiduciary Funds 7,002,547
Total cash and cash equivalents and investments 293,354,795$
-80-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 3 – DETAILED NOTES ON ALL FUNDS (Continued)
GASB 72, Fair Value Measurement and Application, specifies a hierarchy of valuation classifications based on whether
the inputs to the valuation techniques used in each valuation classification are observable or unobservable. These
classifications are summarized in three broad levels listed below:
Level 1 – Unadjusted quoted prices for identical instruments in active markets.
Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability
either directly or indirectly, including quoted prices for similar assets or liabilities in markets that are active,
quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than
quoted prices that are observable for the assets or liabilities (such as exchange rates, financing terms,
interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risk and default rates).
Level 3 – Valuations derived from valuation techniques in which significant inputs or significant valuation
drivers are unobservable.
Federal Agency Securities, Corporate Notes, Municipal Bonds, and Certificates of Deposit are categorized as Level 2
based upon a matrix pricing technique that values securities based on their relationship to benchmark quoted
prices.
Quoted Prices in Other Observable Unobservable
Active Markets Inputs Inputs
Total (Level 1)(Level 2)(Level 3)
As of June 30, 2024
Federal Agency Securities 195,446,613$ -$ 195,446,613$ -$
Corporate Notes 30,752,934 - 30,752,934 -
Municipal Bonds 25,087,204 - 25,087,204 -
Certificates of Deposit 1,239,424 - 1,239,424 -
Total investments 252,526,175$ -$ 252,526,175$ -$
-81-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 3 – DETAILED NOTES ON ALL FUNDS (Continued)
C. Receivables
Summary of Receivables
Receivables, as of year-end, for the major funds and the nonmajor funds and internal service funds, in the
aggregate, including the applicable allowances for uncollectible accounts are as follows:
As of June 30, 2024, $712,386, net of allowance for uncollectible amounts of $613,233, was due from unpaid health-
services billings provided in the Health Services major fund. Accounts receivable for outstanding traffic fines and
violations in the custodial fund have not been accrued and are considered uncollectible.
Notes, Contracts, and Assessments Receivable
The County holds promissory notes as a result of its lending and real estate sale activities. Loans are made to not-
for-profit entities and bear interest at rates from 0.0% to 6.5%. Sales of real property have been financed by the
County and these interest-bearing notes are amortized over periods ranging from ten to twenty years. Interest rates
are fixed at the time of the initial transaction at then prevailing rates. As of June 30, 2024:
$128,867 was due from contracts from sales of real property
$51,565 was due from economic development loans, net of allowance for uncollectible amounts of $51,500
$296,026 was due from lending activities
Assessments are due from property owners as part of a local improvement district. Each contract calls for semi-
annual payments which amortizes the loan over 10 years. Prepayment, without penalty, is allowed. Payment is
normally made in full in the event of sale of property or re-financing of the property. As of June 30, 2024, $87,498
was due from local improvement district assessments.
Property
Taxes
Receivable
Transient
Room Taxes
Receivable
Accounts
Receivable
Lease
Receivable
Notes,
Contracts, &
Assessments
Receivable
Total
Receivables
General Fund 710,892$ -$ 843,004$ 700,931$ 280,432$ 2,535,259$
Sheriff's Office - - 888,963 - - 888,963
Countywide LED 645,441 - - - - 645,441
Rural LED 265,032 - - - - 265,032
Road - - 83,596 - 263,228 346,824
Road CIP - - 563,855 - - 563,855
Health Services - - 9,769,895 - - 9,769,895
Solid Waste - - 952,806 - - 952,806
Fair & Expo - - 98,137 - - 98,137
Nonmajor Gov't 211,695 1,547,199 1,519,123 854,954 20,296 4,153,267
Internal Service Funds - - 1,073,080 318,451 - 1,391,531
Total 1,833,060$ 1,547,199$ 15,792,459$ 1,874,336$ 563,956$ 21,611,010$
-82-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 3 – DETAILED NOTES ON ALL FUNDS (Continued)
Lease Receivables
During the year ended June 30, 2024, the County had eleven lease receivables in which it was acting as lessor. Under
GASB 87, an implicit interest rate is calculated for each individual lease using the internal rate of return method. The
present value of the leases are aggregated on a fund basis. All funds record lessee receivables on the fund level
Statement of Net Position (Balance Sheet for the governmental funds) and are rolled into the government-wide
Statement of Net Position.
Amount June 30, 2023 Increases Decreases June 30, 2024
Governmental Activities:
611,284$ 461,444$ -$ (78,250)$ 383,194$
800,258 459,177 - (179,243) 279,934
2,793,042 1,439,875 - (708,562) 731,313
10,476 10,476 - (5,147) 5,329
73,668 15,185 - (15,185) -
14,752 3,562 - (3,562) -
14,456 3,562 - (3,562) -
152,536 - 152,536 (13,816) 138,720
32,768 - 32,768 (2,102) 30,666
17,833 - 17,833 (4,380) 13,453
377,033 - 377,033 (85,306) 291,727
4,898,106$ 2,393,281$ 580,170$ (1,099,115)$ 1,874,336$
Building lease; interest at 0.727%, principal
and interest of 2,391 monthly,
terminated December 2023
Building lease; interest at 0.624%, principal
and interest of 825 monthly,
terminated December 2023
Building lease; interest at 0.624%, principal
and interest of 825 monthly,
terminated December 2023
Building lease; interest at 2.312%, principal
and interest of 2,356 monthly, due 2029
Building lease; interest at 3.432%, principal
and interest of 175 monthly, due 2038
Building lease; interest at 2.786%, principal
and interest of 4,380 annually, due 2027
Building lease; interest at 2.786%, principal
and interest of 7,820 monthly, due 2027
Land lease; interest at 0.514%, principal
and interest of 432 monthly, due 2025
Building lease; interest at 1.451%, principal
and interest of 6,763 monthly, due 2029
Building lease; interest at 0.893%, principal
and interest of 14,306 monthly, due 2026
Building lease; interest at 0.893%, principal
and interest of 57,244 monthly, due 2025
-83-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 3 – DETAILED NOTES ON ALL FUNDS (Continued)
Future maturities are as follows:
D. Deferred Outflow of Resources
Deferred outflows, Debt refunding – The difference between the carrying value of refunded debt and its
reacquisition price was deferred and is amortized on the straight-line basis over the period benefited.
Deferred outflows, Net pension liability – Defined Benefit Pension and OPEB plans contributions made to OPERS
during the year ended June 30, 2024, and other items related to the County defined benefit pension plans that have
been classified as a deferred outflow of resources.
Deferred outflows, OPEB RHIA asset and County Plan liability – The contributions made to OPERS for its other post-
employment RHIA component during the year ended June 30, 2024, and other items related to the County OPEB
RHIA plan that have been classified as a deferred outflow of resources.
Fiscal Year Principal Interest
2025 1,126,786$ 21,649$
2026 309,747 11,977
2027 225,414 6,859
2028 119,732 3,134
2029 69,003 1,228
2030 - 2034 11,039 3,365
2035 - 2038 12,615 1,124
Total 1,874,336$ 49,336$
Governmental Activities
-84-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 3 – DETAILED NOTES ON ALL FUNDS (Continued)
Deferred Outflows of Resources
Governmental
Activities
Business-Type
Activities Total
Deferred outflows - Refunding:
County buildings (FF&C 2019 and FF&C 2021) 564,710$ 143,751$ 708,461$
Total deferred outflows - refunding 564,710 143,751 708,461
Deferred outflows - Defined Benefit Pension Plan:
Contributions subsequent to the measurement date 18,833,525 560,265 19,393,790
Differences between expected and actual experience 6,783,724 201,805 6,985,529
Changes in proportionate share 12,445,301 370,228 12,815,529
Net difference between projected and actual earnings
on investments 2,493,326 74,173 2,567,499
Changes of assumptions 12,322,870 366,585 12,689,455
Differences between employer contribution and employer's
proportionate share of system contributions 3,331,384 99,103 3,430,487
Total deferred outflows - pension 56,210,130 1,672,159 57,882,289
Deferred outflows - OPEB County Plan:
Differences between expected and actual experience 2,218,570 65,998 2,284,568
Changes of assumption or other inputs 2,046,224 60,871 2,107,095
Total deferred outflows - OPEB County Plan 4,264,794 126,869 4,391,663
Deferred outflows - OPEB RHIA:
Contributions subsequent to the measurement date 2,807 84 2,891
Changes of assumptions or other inputs 5,606 167 5,773
Changes in proportionate share 33,547 997 34,544
Total deferred outflows - OPEB RHIA 41,960 1,248 43,208
Total deferred outflows of resources 61,081,594$ 1,944,027$ 63,025,621$
-85-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 3 – DETAILED NOTES ON ALL FUNDS (Continued)
E. Capital Assets
Capital asset activity for the year ended June 30, 2024, was as follows:
June 30, 2023 Increases Decreases Transfers June 30, 2024
Governmental Activities:
Capital assets, not being depreciated or amortized:
Land 13,602,544$ -$ -$ 440,004$ 14,042,548$
Construction in progress 33,858,864 29,198,075 - (39,064,153) 23,992,786
Total capital assets, not being depreciated or amortized 47,461,408 29,198,075 - (38,624,149) 38,035,334
Capital assets, being depreciated or amortized:
Right-to-use lease land 235,937 - - - 235,937
Buildings and improvements 103,081,456 350,686 (134,492) 13,864,801 117,162,451
Lease buildings 1,678,226 3,965,536 (64,588) - 5,579,174
Land improvements 5,491,713 178,436 - 156,621 5,826,770
Equipment 34,382,151 2,007,141 (751,252) 136,733 35,774,773
Lease equipment 451,834 269,881 (132,870) - 588,845
Vehicles 16,781,894 2,594,939 (487,964) (23,889) 18,864,980
Lease vehicles 65,436 1,111,644 - - 1,177,080
Infrastructure 142,791,078 - - 24,163,493 166,954,571
Lease infrastructure 1,323,358 408,945 (47,167) - 1,685,136
Intangible assets 6,496,941 - (462,780) 117,899 6,152,060
Subscription assets 2,218,507 317,881 (52,139) - 2,484,249
Total capital assets, being depreciated or amortized 314,998,531 11,205,089 (2,133,252) 38,415,658 362,486,026
Accumulated depreciation and amortization:
Right-to-use lease land (10,035) (9,508) - - (19,543)
Buildings and improvements (43,726,388) (2,562,568) 4,787 - (46,284,169)
Lease buildings (442,418) (407,785) 64,588 - (785,615)
Land improvements (3,967,603) (192,706) - - (4,160,309)
Equipment (21,149,561) (2,457,229) 743,943 184,602 (22,678,245)
Lease equipment (243,474) (155,873) 132,870 - (266,477)
Vehicles (9,473,656) (1,687,615) 470,443 17,916 (10,672,912)
Lease vehicles (12,760) (213,921) - - (226,681)
Infrastructure (87,176,352) (5,724,537) - - (92,900,889)
Lease infrastructure (215,940) (132,296) 47,167 - (301,069)
Intangible assets (5,265,114) (449,565) 462,780 - (5,251,899)
Subscription assets (251,525) (431,656) 52,139 - (631,042)
Total accumulated depreciation and amortization (171,934,826) (14,425,259) 1,978,717 202,518 (184,178,850)
Total capital assets, being depreciated and amortized, net 143,063,705 (3,220,170) (154,535) 38,618,176 178,307,176
Governmental activities capital assets, net 190,525,113$ 25,977,905$ (154,535)$ (5,973)$ 216,342,510$
-86-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 3 – DETAILED NOTES ON ALL FUNDS (Continued)
June 30, 2023 Increases Decreases Transfers June 30, 2024
Business-type activities:
Capital assets, not being depreciated or amortized:
Land 1,924,037$ -$ -$ -$ 1,924,037$
Construction in progress 12,343,182 8,348,295 - - 20,691,477
Total capital assets, not being depreciated or amortized 14,267,219 8,348,295 - - 22,615,514
Capital assets, being depreciated or amortized:
Buildings and improvements 32,495,081 493,646 - - 32,988,727
Land improvements 48,839,452 171,080 - - 49,010,532
Equipment 9,216,440 766,107 (70,772) 184,602 10,096,377
Lease equipment 18,022 - (1,328) - 16,694
Vehicles 590,180 154,112 (22,246) 23,889 745,935
Infrastructure - 6,223,456 - - 6,223,456
Intangible assets 123,595 - - - 123,595
Total capital assets, being depreciated or amortized 91,282,770 7,808,401 (94,346) 208,491 99,205,316
Accumulated depreciation and amortization:
Buildings and improvements (14,495,162) (747,879) - - (15,243,041)
Land improvements (32,046,293) (1,878,898) - - (33,925,191)
Equipment (5,997,268) (562,599) 70,410 (184,602) (6,674,059)
Lease equipment (8,549) (4,714) 1,328 - (11,935)
Vehicles (373,851) (46,744) 18,909 (17,916) (419,602)
Infrastructure - (311,173) - - (311,173)
Intangible assets (107,342) (6,358) - - (113,700)
Total accumulated depreciation and amortization (53,028,465) (3,558,365) 90,647 (202,518) (56,698,701)
Total capital assets, being depreciated and amortized, net 38,254,305 4,250,036 (3,699) 5,973 42,506,615
Business-type activities capital assets, net 52,521,524$ 12,598,331$ (3,699)$ 5,973$ 65,122,129$
-87-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 3 – DETAILED NOTES ON ALL FUNDS (Continued)
Depreciation and amortization expense was charged to functions/programs of the primary government as follows:
F. Interfund Activity
Interfund activity for the year ended June 30, 2024, was as follows:
Governmental activities:
General government 2,064,562$
Public safety 4,343,373
County roads 6,687,323
Health and welfare 920,693
14,015,951
Capital assets held by the government's internal service funds
are charged to the various functions based on
their usage of the assets 409,308
Total depreciation and amortization expense - governmental activities 14,425,259$
Business-type activities:
Solid Waste 2,746,065$
Fair & Expo Center 706,302
RV Park 105,998
Total depreciation and amortization expense - business-type activities 3,558,365$
Transfers In
General
Fund
Sheriff's
Office Road CIP
Health
Services
Campus
Improvement
Nonmajor
Gov't
Internal
Service
Fair & Expo
Center RV Park Total
Transfers Out
General Fund -$ -$ -$ 6,050,314$ 190,795$ 2,587,059$ 726,069$ -$ -$ 9,554,237$
Sheriff's Office 6,500 - - - - 264,358 - - - 270,858
Road - - 10,000,000 - - - - - - 10,000,000
Health Services 496,174 - - - 381,749 - - - - 877,923
ARPA 400,000 400,000
Solid Waste 13,962 - - - - - - - - 13,962
Fair & Expo 10,777 - - - - - - - - 10,777
Nonmajor Gov't 1,194,648 3,651,787 2,500,000 368,417 - 5,695,737 - 1,647,348 180,000 15,237,937
Internal Service Funds 560,879 - - - - - 142,338 - - 703,217
Total 2,682,940$ 3,651,787$ 12,500,000$ 6,418,731$ 572,544$ 8,547,154$ 868,407$ 1,647,348$ 180,000$ 37,068,911$
-88-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 3 – DETAILED NOTES ON ALL FUNDS (Continued)
Interfund transfers are utilized for the following purposes:
Certain special revenue funds and internal service funds require additional resources from the General
Fund to fund operations
The non-major debt service fund requires transfers from operating funds to meet annual debt service
requirements
Resources are transferred from some operating funds to the vehicle replacement reserve fund (a sub-fund
of the General Fund)
RV Park requires additional resources from a special revenue fund to meet its debt service requirements
Resources are transferred to reserve funds and capital project funds when sufficient resources are
available.
G. Noncurrent Liabilities
The County has issued Full Faith & Credit Bonds, Limited Tax Bonds and Notes, for both governmental and
business-type activities, to provide funds for the acquisition and construction of major capital facilities, to acquire
personal property and to fund the pension liability. The current legal debt limit for the year ended June 30, 2024, is
$1,611,419,000 for general obligation bonds and $761,102,000 for full faith and credit bonds. Additional information
on debt limitations can be found in the Debt Capacity portion of the Statistical Section.
The County’s June 30, 2024, balances on direct borrowings related to governmental activities and business-type
activities are $232,646 and $2,107,154, respectively. The direct borrowings are secured by the full faith and credit
and taxing power of the County. Whereas the lender may exercise any remedy in the event of default, the financing
agreement is not subject to acceleration. The County has no other direct borrowing arrangements, including no
lines of credit.
Full Faith & Credit Obligation and Limited Tax bonds are direct obligations and pledge the full faith and credit of the
County. These are serial bonds with original terms ranging from 20 years to 30 years with increasing amounts of
principal maturing each year.
Full Faith & Credit Obligation, Limited Tax bonds and Notes currently outstanding are as follows:
Balance at
Purpose Interest Rates June 30, 2024
Governmental activities:
Bonds 2.00% - 6.85%41,636,873$
Notes payable 1.99% - 2.49%232,646
Premiums (discounts) 2,970,043
44,839,562
Business-Type activities:
Bonds 1.68% - 4.00%20,338,127
Notes payable 1.68% - 2.49%2,107,154
Premiums (discounts) 2,899,066
25,344,347
Bonds and notes payable (net of premiums and discounts) 70,183,909$
-89-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 3 – DETAILED NOTES ON ALL FUNDS (Continued)
Debt Service Requirements
Debt service requirements on the County bonds and notes as of June 30, 2024, are as follows:
Principal Interest Principal Interest
Fiscal Year
2025 3,315,704$ 1,782,588$ 232,646$ 2,896$
2026 4,180,414 1,646,361 - -
2027 4,447,240 1,454,112 - -
2028 3,754,066 1,246,386 - -
2029 2,104,834 1,085,147 - -
2030-2034 10,419,615 4,388,038 - -
2035-2039 6,920,000 2,646,750 - -
2040-2044 6,495,000 1,006,000 - -
Total 41,636,873$ 15,255,382$ 232,646$ 2,896$
Principal Interest Principal Interest
Fiscal Year
2025 859,296$ 919,152$ 814,254$ 34,998$
2026 889,586 886,176 642,700 21,839
2027 927,760 851,891 650,200 10,784
2028 960,934 815,811 - -
2029 1,000,166 778,179 - -
2030-2034 5,315,385 3,264,033 - -
2035-2039 5,205,000 2,101,250 - -
2040-2044 5,180,000 663,250 - -
Total 20,338,127$ 10,279,742$ 2,107,154$ 67,621$
Bonds
Bonds Notes from Direct Borrowings
Governmental Activities
Notes from Direct Borrowings
Business-Type Activities
-90-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 3 – DETAILED NOTES ON ALL FUNDS (Continued)
Debt Issuance
During December 2023, the County entered into Full Faith and Credit Financing Agreement, Series 2024 for the
expansion of the Deschutes County Courthouse (par of $18,700,000) and refunding of Series 2013 (par of
$5,395,000). Bond proceeds totaled $26,592,687, par amount of $24,095,000, true interest costs of 3.86%, and
maturity date of June 30, 2044. County contributions included $42,430 for underwriter’s discount and $122,740 for
costs of issuance.
The refunding was initiated to pursue cost savings in relation to the favorable interest rates currently available.
Date
Prior Debt
Service
Refunding Debt
Service
Cash Flow
Savings
Present Value of
Cash Flow Savings
6/30/2024 420,193$ 406,878$ 13,315$ 13,089$
6/30/2025 543,581 516,000 27,581 26,054
6/30/2026 546,381 518,000 28,381 25,910
6/30/2027 543,581 519,250 24,331 21,448
6/30/2028 545,381 514,750 30,631 26,124
6/30/2029 546,581 514,750 31,831 26,238
6/30/2030 547,181 519,000 28,181 22,440
6/30/2031 547,181 517,250 29,931 23,041
6/30/2032 546,581 519,750 26,831 19,959
6/30/2033 544,875 516,250 28,625 20,585
6/30/2034 542,550 517,000 25,550 17,757
6/30/2035 542,975 516,750 26,225 17,612
6/30/2036 547,500 515,500 32,000 20,769
6/30/2037 545,900 518,250 27,650 17,338
6/30/2038 543,400 519,750 23,650 14,330
8,053,841$ 7,649,128$ 404,713$ 312,694$
Savings PV date 12/5/2023
Savings PV date 3.4845484%
PV of savings from cash flow 312,694$
Plus: Refunding funds on hand 3,712
Net PV Savings 316,406$
Savings Summary
-91-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 3 – DETAILED NOTES ON ALL FUNDS (Continued)
Changes in Non-Current Liabilities
Changes in non-current liabilities, other than those for Other Post-Employment Benefits and Net Pension Liability,
for the year ended June 30, 2024, are as follows:
June 30, 2023 Increases Decreases June 30, 2024
Due Within One
Year
Governmental activities:
Claims
Internal service funds 7,963,536$ 27,808,283$ (27,441,383)$ 8,330,436$ 4,954,218$
Lease payable
Governmental funds 2,818,976 5,732,447 (854,354) 7,697,069 856,110
Internal service funds 16,098 23,563 (14,838) 24,823 12,172
Subscription liabilities
Governmental funds 1,079,798 241,427 (252,990) 1,068,235 255,505
Internal service funds 198,184 67,355 (101,068) 164,471 80,646
Pension obligation bonds 5,830,000 - (1,170,000) 4,660,000 700,000
Full faith & credit obligations 20,831,808 24,095,000 (7,949,935) 36,976,873 2,615,704
Unamortized prem / (disc)659,696 2,497,687 (187,340) 2,970,043 239,376
Direct borrowings 458,600 - (225,954) 232,646 232,646
Compensated absences
Governmental funds 10,904,767 13,743,852 (11,821,034) 12,827,585 11,801,378
Internal service funds 1,223,032 1,317,434 (974,826) 1,565,640 1,440,389
51,984,495$ 75,527,048$ (50,993,722)$ 76,517,821$ 23,188,144$
Business-type activities:
Lease payable 9,570$ -$ (4,717)$ 4,853$ 3,688$
Full faith & credit obligations 21,163,192 - (825,065) 20,338,127 859,296
Unamortized prem / (disc)3,068,601 2,986,855 (3,156,390) 2,899,066 169,535
Direct borrowings 2,906,400 - (799,246) 2,107,154 814,254
Compensated absences 398,034 518,895 (337,542) 579,387 533,036
Landfill closure and postclosure 13,934,346 3,784,979 - 17,719,325 -
41,480,143$ 7,290,729$ (5,122,960)$ 43,647,912$ 2,379,809$
-92-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 3 – DETAILED NOTES ON ALL FUNDS (Continued)
During FY 2024, paid compensated leave was as follows:
The claims liability is reported in two of the County’s internal service funds, Insurance and Health Benefits. The
liability will be liquidated with resources in these funds.
The resources to retire the pension obligation bonds are provided by charges to those operating departments with
personnel. In FY 2024, Sheriff, Health Services, General Fund and sub funds, Internal Service Funds, DC 9-1-1 and
Road provided 27%, 29%, 13%, 8%, 5% and 5%, respectively. The remaining 13% is provided by other governmental
and proprietary funds. The full faith and credit obligations and direct borrowings are liquidated by third party rents,
charges to departments occupying various buildings and general fund transfers.
Pension and Other Postemployment Benefits Liabilities
The General Fund, Sheriff, Road, Health Services, ARPA, other governmental funds and internal service funds are
typically used to liquidate pension and other postemployment benefits liabilities. See Note 4C – Participation in
Public Employees Retirement System and Note 4D – Other Post-Employment Benefits for additional information.
Leases Payable
The County is committed under various leases for buildings, equipment, infrastructure (9-1-1 radio towers) and
land. As of June 30, 2024, the County has 78 financing leases in which it is acting as the Lessee. Under GASB 87, an
implicit rate is calculated for each individual lease using the internal rate of return method. That method measures
cash flow, beginning fair value, and projected ending fair value of the underlying asset. The present value of leases
is aggregated on a fund basis. For governmental funds, lessee leases are only presented in the Government-Wide
Statement of Net Position. For proprietary funds, lessee leases are presented in the Proprietary Funds Statement of Net
Position and in the Government-Wide Statement of Net Position.
Health Services 4,036,617$
Sheriff's Office 3,152,351
General Fund 1,221,687
Internal Service Funds 974,826
Deschutes County 9-1-1 800,506
Juvenile Community Justice 666,698
Community Development 629,108
Road 582,806
Adult Parole & Probation 407,147
Enterprise Funds 337,542
Other Special Revenue Funds 324,114
Total 13,133,402$
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 3 – DETAILED NOTES ON ALL FUNDS (Continued)
The total expended for such leases for the fiscal year ended June 30, 2024, was approximately $1,028,000. The
future minimum lease payments for these leases are as follows:
Subscription Liabilities
The County has Subscription-Based Information Technology Arrangements (SBITAs) with the noncancellable right to
use software provided by vendors. As of June 30, 2024, the County has ten agreements in which these right-to-use
assets are reported. Under GASB 96, an implicit rate is calculated for each individual arrangement using the internal
rate of return method. That method measures cash flow, beginning fair value, and projected ending fair value of the
underlying asset. The present value of these SBITAs is aggregated on a fund basis. For governmental funds, SBITAs
are only presented in the Government-Wide Statement of Net Position. For proprietary funds, SBITAs are presented in
the Proprietary Funds Statement of Net Position and in the Government-Wide Statement of Net Position.
Principal
Payments
Interest
Payments
Total
Payments
Fiscal Year
2025 868,282$ 232,336$ 1,100,618$
2026 830,051 212,036 1,042,087
2027 764,557 192,722 957,279
2028 644,989 174,421 819,410
2029 449,128 158,191 607,319
2030 - 2034 1,773,358 608,865 2,382,223
2035 - 2039 1,846,242 254,742 2,100,984
2040 - 2044 366,477 59,592 426,069
2045 - 2049 178,808 10,503 189,311
7,721,892$ 1,903,408$ 9,625,300$
Principal
Payments
Interest
Payments
Total
Payments
Fiscal Year
2025 3,688$ 56$ 3,744$
2026 1,165 12 1,177
4,853$ 68$ 4,921$
Governmental Activities
Business-Type Activities
-94-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 3 – DETAILED NOTES ON ALL FUNDS (Continued)
The total expended for these software arrangements for the fiscal year ended June 30, 2024, was approximately
$365,000. The future minimum lease payments for these leases are as follows:
Hospital Facility Authority of Deschutes County Conduit Financing
On December 26, 1988, the County created the Hospital Facility Authority of Deschutes County, Oregon (the
Authority). The Authority issues hospital revenue bonds for construction and improvements to health facilities in
Deschutes County. The proceeds of these bonds were used by health care facilities to finance various capital
projects and refund outstanding bonds.
The debt has not been recognized as a liability of the County or the Authority because the bonds are secured solely
by the provisions of the bond indenture and payments are made by the health care facilities. The obligors have
pledged the gross receivables of St. Charles Health System, Inc. The bonds shall not be payable from a charge upon
any fund or asset, nor shall the County or the Authority be subject to any liability. No holder or holders of the bonds
shall ever have the right to exercise the taxing power of the County to pay the bonds or the interest, nor to enforce
payment against any property of the County.
Upon completion of the project, the assets constructed or purchased are owned by the respective health care
facility. Since neither the County nor the Authority own any assets or assume any liabilities associated with the
repayment, there is no balance sheet disclosure or recognition of revenues within the County’s financial statements.
A summary of the Authorities conduit debt is as follows:
Principal
Payments
Interest
Payments
Total
Payments
Fiscal Year
2025 336,151$ 38,988$ 375,139$
2026 329,875 28,963 358,838
2027 182,677 19,069 201,746
2028 188,824 12,922 201,746
2029 195,179 6,567 201,746
1,232,706$ 106,509$ 1,339,215$
Governmental Activities
Obligor Debt Issue June 30, 2024
St. Charles Health System, Inc. The Authority Hospital Revenue Bonds Series 2016A 93,020,000$
St. Charles Health System, Inc. The Authority Hospital Revenue Bonds Series 2020A 48,605,000
St. Charles Health System, Inc. The Authority Hospital Revenue Bonds Series 2020B 50,000,000
St. Charles Health System, Inc. The Authority Hospital Revenue Bonds Series 2022A 37,630,000
St. Charles Health System, Inc. The Authority Hospital Revenue Bonds Series 2022B 37,630,000
266,885,000$
-95-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 3 – DETAILED NOTES ON ALL FUNDS (Continued)
H. Deferred Inflow of Resources
On the governmental funds balance sheet, unavailable revenues are reported as deferred inflows of resources.
These are revenues which are earned, but not available to liquidate liabilities of the current period. At the end of the
current fiscal year, these balances are:
On the Statement of Net Position, an acquisition of net assets applicable to a future reporting period, is reported as
deferred inflows of resources. At the end of the current fiscal year, these balances related to the County’s defined
benefit pension, other post-employment benefits (OPEB) plans, and leases:
Deferred Inflows of Resources
Property
Taxes
Special
Assessments
Services
Provided
Contracts
of Sale Leases Total
General Fund 618,187$ -$ 56,701$ 229,122$ 676,529$ 1,580,539$
Sheriff's Office - - 150,255 - - 150,255
Countywide LED 562,229 - - - - 562,229
Rural LED 230,811 - - - - 230,811
Road - 87,497 197,729 - - 285,226
Health Services - - 5,900,066 - - 5,900,066
Nonmajor funds 185,474 - 571,746 - 818,803 1,576,023
Total 1,596,701$ 87,497$ 6,876,497$ 229,122$ 1,495,332$ 10,285,149$
Deferred Inflows of Resources
Governmental
Activities
Business-Type
Activities Total
Deferred inflows - Pension Plan:
Differences between expected and actual experience 550,029$ 16,362$ 566,391$
Changes in assumptions 91,880 2,733 94,613
Changes in proportionate share 760,379 22,620 782,999
Differences between employer contributions and employer's
proportionate share of system contributions 10,493,053 312,152 10,805,205
Total deferred inflows - Pension Plan 11,895,341 353,867 12,249,208
Deferred inflows - OPEB County Plan:
Differences between expected and actual experience 9,990,002 297,187 10,287,189
Changes of assumption or other inputs 7,106,203 211,398 7,317,601
Total deferred inflows - OPEB County Plan 17,096,205 508,585 17,604,790
Deferred inflows - OPEB RHIA:
Differences between expected and actual experience 49,630 1,477 51,107
Changes of assumptions or other inputs 21,315 635 21,950
Changes in proportionate share 152,483 4,535 157,018
Total deferred inflows - OPEB RHIA 223,428 6,647 230,075
Deferred inflows - Lease resources 1,799,534 - 1,799,534
Total deferred inflows of resources 31,014,508$ 869,099$ 31,883,607$
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 3 – DETAILED NOTES ON ALL FUNDS (Continued)
I. Fund Balance Policies
Fund balance of governmental funds is reported in various categories based on the nature of any limitations
requiring the use of resources for specific purposes. The County itself can establish limitations on the use of
resources through either a commitment (committed fund balance) or an assignment (assigned fund balance).
The committed fund balance classification includes amounts that can be used only for the specific purposes
determined by a formal action of the County’s highest level of decision-making authority. The Board of County
Commissioners is the highest level of decision-making authority for Deschutes County which can, by adoption of a
resolution prior to the end of the fiscal year, commit a fund balance. Once adopted, the limitation imposed by the
resolution remains in place until a similar action is taken (the adoption of another resolution) or to remove or revise
the limitation.
General Fund
Countywide
LED
Rural
LED Road
Health
Services ARPA Road CIP
Campus
Improvement Other Funds Total
Fund Balances:
Nonspendable:
Long-term notes receivable 47,062$ -$ -$ -$ -$ -$ -$ -$ -$ 47,062$
Inventory - - - 2,798,174 - - - - - 2,798,174
Total Nonspendable 47,062 - - 2,798,174 - - - - - 2,845,236
Restricted to:
Public safety - 11,183,443 4,025,112 - - - - - 16,521,415 31,729,970
Economic development - - - - - - - - 5,602,931 5,602,931
Health services - - - - 32,958,721 - - - 6,019,055 38,977,776
General government - - - - - - - - 12,382,885 12,382,885
Marketing & promotion - - - - - - - - 193,343 193,343
Law library - - - - - - - - 134,118 134,118
Park development and rangeland - - - - - - - - 2,630,120 2,630,120
Technology improvements - - - - - - - - 347,601 347,601
Road improvement/maintenance - - - 12,629,789 - - 15,467,265 - 3,462,523 31,559,577
Expansion of facilities - - - - - - - 14,566,830 - 14,566,830
Total Restricted - 11,183,443 4,025,112 12,629,789 32,958,721 - 15,467,265 14,566,830 47,293,991 138,125,151
Committed to:
Economic development 354,714 - - - - - - - 4,749,373 5,104,087
County reserves - - - - - 166,574 - - - 166,574
Health services - - - - - - - - 115,092 115,092
Debt service - - - - - - - - 36,151 36,151
Communication systems - - - - - - - - 380,161 380,161
Expansion of facilities 10,710,313 - - - - - - 6,607,522 - 17,317,835
Total Committed 11,065,027 - - - - 166,574 - 6,607,522 5,280,777 23,119,900
Assigned to:
Public safety 1,329,071 - - - - - - - - 1,329,071
General government 5,798,110 - - - - - - - - 5,798,110
Technology improvements 1,840,172 - - - - - - - - 1,840,172
Fleet repair & replacement 2,579,324 - - - - - - - - 2,579,324
Total Assigned 11,546,677 - - - - - - - - 11,546,677
Unassigned:15,227,096 - - - - - - - (212) 15,226,884
Total Fund Balance 37,885,862$ 11,183,443$ 4,025,112$ 15,427,963$ 32,958,721$ 166,574$ 15,467,265$ 21,174,352$ 52,574,556$ 190,863,848$
Major Special Revenue Funds Major Capital Projects Fund
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 3 – DETAILED NOTES ON ALL FUNDS (Continued)
Countywide Law Enforcement District (District #1), Rural Law Enforcement District (District #2) and Deschutes
County 9-1-1 Service District are each special revenue funds funded through voter approved property taxes for their
specific purposes. Fund balances, restricted in District #1 and District #2, are not restricted for specific purposes but
rather exist for liquidity purposes due to the seasonal nature of property tax collections. Fund balances of
Deschutes County 9-1-1 are restricted to provide liquidity. Campus Improvements fund balance is restricted to
provide funding for the campus improvement plan over the next five years. Health Services fund balance is
restricted to meet the growing population of eligible clients expected in fiscal year 2025 and beyond.
Amounts in the assigned fund balance classification are intended to be used by the County for specific purposes but
do not meet the criteria to be classified as committed. The Board of County Commissioners has, by resolution,
assigned fund balance as it does when appropriating fund balance for the difference between estimated revenues
and appropriations in the subsequent year’s adopted budget. Unlike commitments, assignments generally exist
only temporarily. Additional action does not have to be taken to remove an assignment.
Fund balances, as listed in aggregate in the Statement of Revenues, Expenditures and Changes in Fund Balance, are
constrained to the balance classification and activities of the funds. Constraints are at the level of which the fund
was originally established.
The County has activity between funds for various purposes. Any balances outstanding at year end are reported as
due to/from other funds. While these balances are reported in fund financial statements, certain eliminations are
made in the preparation of the government-wide financial statements. Balances between the funds included in the
governmental activities, the governmental and internal service funds, are eliminated so that only the net amount is
included as internal balances in the governmental activities column on the Statement of Net Position. Similarly,
balances between the funds included in the business-type activities, the enterprise funds, are eliminated so that
only the net amount is included as internal balances in the business-type activities column on the Statement of Net
Position.
Certain activity occurs during the year involving transfers of resources between funds. In fund financial statements
these amounts are reported at gross amounts as Transfers In/Out. While reported in fund financial statements,
certain eliminations are made in the preparation of the government-wide Statement of Activities. Transfers between
the funds included in governmental activities are eliminated so that only the net amount is included as transfers in
the governmental activities column. Transfer between funds in business-type activities are eliminated so that only
the net amount is included as transfers in the business-type activities column.
J. Segment Information
The County has three enterprise activities:
The Solid Waste fund is used to account for the operations of the County’s landfill at Knott Road and 27th
Street in Bend, and four transfer and recycle stations located throughout the County. The accumulation of
resources that will be required for the closure and post-closure costs associated with the sanitary landfill
are also accounted for in the Solid Waste Fund.
The Fair and Expo Center fund is used to account for operations of the County’s Fair and Expo Center,
including the annual county fair.
The RV Park fund is used to account for the operations of the County’s Recreational Vehicle Park, located in
Redmond, Oregon.
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 4 – OTHER INFORMATION
A. Risk Management
The County is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors
and omissions; injuries to employees; and natural disasters. The County purchases commercial insurance for
property coverage, fidelity bonding, excess workers’ compensation claims, excess general liability claims and stop
loss on its medical/dental risks. It self-insures against losses for general liability (for claims up to $1 million),
workers’ compensation, medical and dental benefits, unemployment benefits and other risks.
All operations of the County participate in the County’s self-insurance program, with the exception of Deschutes
County 9-1-1 Service District. That District is only covered under the medical/dental plan and unemployment
insurance. Settled claims have not exceeded insurance coverage in any of the past three fiscal years.
The County estimates liabilities for incurred losses on both reported and unreported claims for general and
vehicle/fleet liability, workers’ compensation, and employee medical coverage. Workers’ compensation, general and
vehicle/fleet liability estimates are based primarily on individual case estimates for reported claims and through
historical data for unreported claims as determined by the County’s Risk Management department. Liabilities are
based on estimated total cost of settling claims. Liabilities include an amount for claims that have been incurred but
not reported (IBNR). The result of the process to estimate the claims is not an exact amount and accordingly claims
are reevaluated periodically to consider the effects of inflation, recent claims settlement trends and other economic
and social factors.
Payments, from the funds whose activities are covered, are made to internal service insurance funds, based on the
estimated need to pay prior and current claims and to accumulate resources for future losses. The Insurance fund,
which accounts for all insurance programs other than medical and dental, is reporting a net position at
June 30, 2024, of $960,315. The Health Benefits fund, which accounts for medical and dental insurance programs, is
reporting a net position of $3,779,528 as of June 30, 2024, and represents 15% of FY 2024 claims expense.
Changes in the claim liabilities are as follows:
Insurance
Fund
Health Benefits
Fund Total
Claims payable, June 30, 2022 5,439,791$ 1,029,046$ 6,468,837$
FY 2023 claims expense 2,674,265 24,077,142 26,751,407
FY 2023 claims paid (1,779,138) (23,477,570) (25,256,708)
Claims payable, June 30, 2023 6,334,918 1,628,618 7,963,536
FY 2024 claims expense 2,706,038 25,102,245 27,808,283
FY 2024 claims paid (2,288,520) (25,152,863) (27,441,383)
Claims payable, June 30, 2024 6,752,436$ 1,578,000$ 8,330,436$
-99-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 4 – OTHER INFORMATION (Continued)
B. Contingent Liabilities and Commitments
The County is contingently liable with respect to lawsuits and other claims incidental to the ordinary course of its
operations. Claims covered by the County’s self-insurance are reviewed and losses are accrued based on the
judgment of County management. According to County management, based on advice of legal counsel with respect
to such litigation and claims, ultimate disposition of these matters will not have a material adverse effect on the
financial position or results of County operations.
Additional contingent liabilities may exist in relation to operational services provided by the Health Services
Department. The Department is subject to numerous laws and regulations of federal, state, and local governments
surrounding its clinical billing practices (i.e., Medicare, Medicaid, prospective payments, etc.). As it stands, the
County is unable to determine if its billing practices will be reviewed for compliance and if any liability may result
from such a review. The County’s current practice is to adjust revenue in the year of settlement for any claims of this
type.
As of June 30, 2024, the County had no material commitments outstanding.
C. Participation in Public Employees Retirement System
Plan Description
Employees of the County are provided with pensions through the Oregon Public Employees Retirement System,
(OPERS), which is a cost-sharing, multiple-employer defined benefit plan. All the benefits of OPERS are established
by the Oregon legislature pursuant to Oregon Revised Statute (ORS) Chapters 238 and 238A. The ORS Chapter 238
Defined Benefit Pension Plan, known as Tier 1/Tier 2 is closed to new members hired on or after August 29, 2003. A
second program, the Chapter 238A-OPERS Pension Program (OPSRP-DB), is described in the second portion of this
note. Membership in the programs is delineated based on date of hire.
OPERS issues a publicly available financial report which can be obtained at:
https://www.oregon.gov/pers/Pages/Financials/Actuarial-Financial-Information.aspx.
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 4 – OTHER INFORMATION (Continued)
Plan Benefits
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 most commonly based on years
of service and final average salary. A percentage (2.0% for
Police and Fire employees, 1.67% 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 they are 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 was equal to $225,533 as of
January 1, 2023, and is indexed with inflation every year.
Police and Fire members may purchase increased benefits
that are payable between the date of retirement and age
65.
A member is considered vested and will be eligible at
minimum retirement age for a service retirement allowance
if they have contributions in each of five calendar years or
have reached at least 50 years of age before ceasing
employment with a participating employer (age 45 for Police
and Fire members). General Service employees may retire
after reaching age 55. Police and Fire members are eligible
after reaching age 50. Tier One General Service employee
benefits are reduced if retirement occurs prior to age 58
with fewer than 30 years of service. Police and Fire member
benefits are reduced if retirement occurs prior to age 55
with fewer than 25 years of service. Tier Two members are
eligible for full benefits at age 60. The plans are closed to
new members hired on or after August 29, 2003.
Pension Benefits
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% 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 retire under the Police and Fire
classification, the individual’s last 60 months of retirement
credit preceding retirement eligibility must be classified as
retirement credit for service as a police officer or a
firefighter.
General service: 1.5% multiplied by the number of years of
service and the final average salary. Normal retirement age
for General Service members is age 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 is limited for all members beginning in 2021.
The limit was equal to $225,533 as of January 1, 2023, and is
indexed with inflation every year.
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,
or, if the pension program is terminated, the date on which
termination becomes effective.
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 4 – OTHER INFORMATION (Continued)
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.
Disability Benefits
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% 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
account after retiring and may experience annual benefit
fluctuations due to changes in the fair value of the
underlying global equity investments of that account.
Benefit Changes after Retirement
No ability to change.
Cost of Living Adjustments
Under ORS 238.360, monthly benefits are adjusted annually
through cost-of-living adjustments (COLA). The COLA is
capped at 2.0 percent.
Cost of Living Adjustments
Under ORS 238.360, monthly benefits are adjusted annually
through cost-of-living adjustments (COLA). The COLA is
capped at 2.0 percent.
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 Post-Employment
Benefit Plans. Ultimate authority for setting and changing the laws governing contributions rests with the Oregon
legislature.
Employer contribution rates during the period were based on the December 31, 2021, actuarial valuation, which
became effective July 1, 2023. The state of Oregon and certain schools, community colleges, and political
subdivisions have made unfunded actuarial liability payments, and their rates have been reduced. Effective
January 1, 2020, Senate Bill 1049 requires employers to pay contributions on reemployed OPERS retirees’ salaries as
if they were active members, excluding IAP (6%) contributions. Reemployed retirees do not accrue additional
benefits while they work after retirement. Employer contributions for the year ended June 30, 2024, were
$19,393,790, 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, 2024, were:
Chapter 238 - Tier One and Tier Two Chapter 238A - OPSRP-DB
General Service 20.03%17.00%
Police and Fire 27.16%21.79%
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 4 – OTHER INFORMATION (Continued)
Pension Liabilities, Pension Expense, Deferred Outflows of Resources, and Deferred Inflows of Resources Related to
Pensions
As of June 30, 2024, the County reported a liability of $142,844,432 for its proportionate share of the net pension
liability. The net pension liability was measured as of June 30, 2023 and the total pension liability used to calculate
the net pension liability was determined by an actuarial valuation as of December 31, 2021. 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 presented, on June 30, 2024 (measurement date of June 30, 2023), the County’s proportion was 0.76262253
percent, which was an increase of 4.41% from its proportion presented on June 30, 2023 (measurement date of June
30, 2022).
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 4 – OTHER INFORMATION (Continued)
For the year ended June 30, 2024, the County recognized a pension expense of $27,945,613. At June 30, 2024, the
County reports deferred outflows of resources and deferred inflows of resources related to pensions from the
following sources:
The County’s contributions made subsequent to the measurement date of the net pension liability but before the
end of the County’s reporting period will be recognized as a reduction of the net pension liability in the subsequent
fiscal period. The net amount of the County’s remaining deferred outflows of resources and deferred inflows of
resources that will be recognized in the County’s pension expense in the subsequent five years in the aggregate are
shown in the table below.
Actuarial Assumptions
The employer contribution rates, effective July 1, 2023, through June 30, 2025, were set using the entry age normal
actuarial cost method. For the Tier One/ Tier Two component of the OPERS Defined Benefit Plan, this method
produced an employer contribution rate consisting of (1) an amount for normal cost (the estimated amount
necessary to finance benefits earned by the employees during the current service year), and (2) an amount for the
amortization of unfunded actuarial accrued liabilities, which are being amortized over a fixed period with new
unfunded actuarial accrued liabilities being amortized over 22 years.
Deferred Deferred
Outflows of Inflows of
Resources Resources
Differences between expected and actual experience 6,985,529$ 566,391$
Changes of assumptions 12,689,455 94,613
Net difference between projected and actual earnings on investments 2,567,499 -
Changes in proportionate share 12,815,529 782,999
Contributions made to the plan subsequent to measurement date 19,393,790 -
Differences between employer contribution and employer's
proportionate share of system contributions 3,430,487 10,805,205
57,882,289$ 12,249,208$
Net Deferred Outflow of Resources 45,633,081$
Less: Contributions Made Subsequent to Measurement Date 19,393,790
Total 26,239,291$
1st Fiscal Year - Fiscal Year 2025 6,377,086$
2nd Fiscal Year - Fiscal Year 2026 (1,849,864)
3rd Fiscal Year - Fiscal Year 2027 15,481,096
4th Fiscal Year - Fiscal Year 2028 5,626,579
5th Fiscal Year - Fiscal Year 2029 604,394
Total 26,239,291$
-104-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 4 – OTHER INFORMATION (Continued)
For the OPSRP Pension Program component of the PERS Defined Benefit Plan, this method produced an employer
contribution rate consisting of (a) an amount for the normal cost (the estimated amount necessary to finance
benefits earned by the employees during the current service year), (b) an actuarially determined amount for
funding a disability benefit component, and (c) an amount for the amortization of unfunded actuarially accrued
liabilities, which are being amortized over a fixed period with new unfunded actuarially accrued liabilities being
amortized over 16 years.
A summary of the economic assumptions used for the December 31, 2021, actuarial valuation is 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 31 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, 2020.
Valuation Date December 31, 2021
Measurement Date June 30, 2023
Experience Study 2020, published July 20, 2021
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 Disabled Retiree, sex distinct, generational with Unisex, Social
Security Data Scale, with job category adjustments and set-backs as
described in the valuation.
-105-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 4 – OTHER INFORMATION (Continued)
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. 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 January 5, 2023.
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.
Long-Term Expected Rate of Return *
Asset Class
Target
Allocation
20-Year
Annualized
Geometric Mean
Global Equity 27.50%7.07%
Private Equity 25.50%8.83%
Core Fixed Equity 25.00%4.50%
Real Estate 12.25%5.83%
Master Limited Partnerships 0.75%6.02%
Infrastructure 1.50%6.51%
Hedge Fund of Funds - Multistrategy 1.25%6.27%
Hedge Fund Equity - Hedge 0.63%6.48%
Hedge Fund - Macro 5.62%4.83%
Portfolio, net of investment expenses 100.00%
Assumed Inflation, mean 2.35%
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 4 – OTHER INFORMATION (Continued)
Sensitivity of the County’s Proportionate share of the Net Pension Liability (Asset) to Changes in the Discount Rate
The following presents the County’s proportionate share of the Net Pension Liability 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.
OPSRP Individual Account Program
The defined contribution pension plan (called the Individual Account Program or IAP) is provided to all members or
their beneficiaries who are OPERS or OPSRP eligible. State statutes require covered employees to contribute
6 percent of their annual covered salary to the IAP plan effective January 1, 2004. Deschutes County has elected to
pay all of the employees’ required IAP contributions. Although OPERS members retain their existing OPERS account,
all current member contributions are deposited into the member’s IAP account. The liability outstanding as of
June 30, 2024 was $513,555, the amount associated with the final year-end payroll and is included in the net
pension liability in the Statement of Net Position.
The IAP member becomes vested on the date the employee account is established or on the date when the rollover
account was established. If the employer makes optional employer contributions for a member, the member
becomes vested on the earliest of the following dates: the date the member completes 600 hours of service in each
of five calendar years, the date the member reaches normal retirement age, the date the IAP is terminated, the date
the active member becomes disabled, or the date the active member dies.
D. Other Post-Employment Benefits (OPEB)
The other post-employment benefits for the County includes two separate plans to provide certain healthcare
benefits to retirees. The first is a multi-employer, cost-sharing, defined benefit, other postemployment benefit plan
administered by the Oregon Public Employees Retirement System (OPERS) known as the Retirement Health
Insurance Account (RHIA). The second is a single-employer, defined benefit, post-employment healthcare plan
administered by the County known as the County Plan. The RHIA plan reports a net OPEB asset, while the County
Plan reports a total OPEB liability on the Statement of Net Position.
1% Decrease
(5.90%)
Discount Rate
(6.90%)
1% Increase
(7.90%)
Proportionate share of Net Pension Liability 235,952,106$ 142,844,432$ 64,923,176$
-107-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 4 – OTHER INFORMATION (Continued)
OPEB Activity and Balances for the Year Ended June 30, 2024 (RHIA & County Plan)
Oregon Public Employees Retirement System – Retirement Health Insurance Account (RHIA)
Plan Description
Retirement Health Insurance Account (RHIA) is a cost-sharing, multiple-employer, defined benefit, other
postemployment benefit plan administered by OPERS. As a member of OPERS, the County contributes to RHIA
for each of its eligible employees. RHIA pays a monthly contribution (currently $60 per month) toward the cost of
Medicare companion health insurance premiums of eligible retirees. Oregon Revised Statute (ORS) 238.420
established this trust fund. Authority to establish and amend the benefit provisions of RHIA reside with the
Oregon Legislature. The Plan is closed to new entrants hired on or after August 29, 2003. OPERS issues a publicly
available financial report that includes financial statements and required supplementary information. That
report may be obtained by writing to Oregon Public Employees Retirement System, PO Box 23700, Tigard, OR
97281-3700. The reports and other related schedules including plan assumptions, methods and plan provisions
may also be found on the PERS website at https://www.oregon.gov/pers/EMP/Pages/GASB.aspx.
RHIA County Plan Total
Total OPEB Liability -$ 24,420,008$ 24,420,008$
Net OPEB Asset 2,035,705 - 2,035,705
Deferred Outflows
Contributions subsequent to the measurement date 2,891 - 2,891
Changes in proportionate share 34,544 - 34,544
Differences between expected and actual experience 5,773 2,284,568 2,290,341
Changes of assumption or other inputs - 2,107,095 2,107,095
Deferred Outflows - Total 43,208 4,391,663 4,434,871
Deferred Inflows
Changes in proportionate share 157,018 - 157,018
Differences between expected and actual experience 51,107 10,287,189 10,338,296
Changes of assumption or other inputs 21,950 7,317,601 7,339,551
Deferred Inflows - Total 230,075 17,604,790 17,834,865
OPEB (Income) Expenses (258,497) 218,598 (39,899)
Category
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 4 – OTHER INFORMATION (Continued)
Contributions
Participating public employers are contractually required to contribute to RHIA at a rate assessed each biennium
by OPERS. For fiscal year 2024, the rate is 0.04% 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 No. 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 liability
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 County's contributions to RHIA were consistent with the net-retiree healthcare rate
as charged by OPERS. The County paid $2,891 for RHIA during fiscal year 2024.
Actuarial methods and assumptions for the RHIA plan mirror those of the PERS retirement system itself and can
be found in Note 4C – Participation in Public Employees Retirement System. Healthcare cost trends are not
applicable to this plan as the benefits are a fixed dollar amount per month. As presented, on June 30, 2024
(measurement date of June 30, 2023), the County’s proportionate share of the RHIA plan was 0.55595159%. The
proportionate share for each employer participating in the Plan was determined by the actuaries based upon
each employer’s contribution to the RHIA program during the measurement period. The County’s proportionate
share increased 19.25% from 0.46620678% in the prior measurement period.
The following presents the County’s proportionate share of the net OPEB liability (asset) for the RHIA calculated
using the discount rate of 6.90 percent, as well as what the County’s proportionate share of the net OPEB liability
(asset) would be if it were calculated using a discount rate that is 1-percentage point lower (5.90 percent) or 1-
percentage point higher (7.90 percent) than the current rate:
The RHIA plan assets are included in the PERS retirement system cash management efforts. Information related
to the PERS Plan assets investment allocations are included in Note 4C – Participation in Public Employees
Retirement System included in these financial statements.
1% Decrease Current Discount Rate 1% Increase
(5.90%) (6.90%) (7.90%)
(1,850,460)$ (2,035,705)$ (2,194,644)$
Proportionate share of net RHIA
OPEB liability (asset)
-109-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 4 – OTHER INFORMATION (Continued)
The County’s contributions made subsequent to the measurement date of the net RHIA OPEB asset but before
the end of the County’s reporting period will be recognized as an addition to the net RHIA OPEB asset in the
subsequent fiscal period. 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:
Other Post-Employment Benefits – Deschutes County Plan
Plan Description
The Deschutes County Retiree Health Plan is a single-employer defined benefit post-employment healthcare plan
that provides medical benefits to eligible retired employees of Deschutes County and Deschutes County 9-1-1
Service District and their beneficiaries. Deschutes County has not established an irrevocable trust (or equivalent
arrangement) to account for the retiree health insurance plan. Instead, the activities of the plan are reported in
the County’s Health Benefits fund that is classified as an internal service fund for financial reporting purposes.
The retiree health insurance plan does not issue a separate report.
Benefits Provided
Eligibility for subsidized retiree health benefits requires retirement from the County with more than 15 years of
service. Retirees with more than 15 years of service but less than 30 years of service receive a monthly County
contribution towards their monthly insurance premiums until they are 65 years of age 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. Retirees with 30 or more years of service contribute $85 per
month towards their medical insurance and $5 per month towards their dental insurance while the County
covers the remainder of the premiums. Retirees with less than 15 years of service can continue their medical
coverage but must pay 100% of the premium amount.
Employees Covered by Benefit Terms
At the time of most recent valuation, June 30, 2024, there were 1,063 active employees that could be eligible for
the plan. As of that date, 52 retirees and surviving spouses were insured through the County Plan. The County
pays benefits as they come due. As a result, there are no assets being accumulated by the County to pay for
future benefits. Resources received in excess of paying benefits as they come due are set aside for the payment
of future benefits
Deferred Outflow/
Subsequent (Inflow) of Resources
Fiscal (prior to post-measurement
Years date contributions)
FY 2025 (179,184)$
FY 2026 (112,788)
FY 2027 75,232
FY 2028 26,982
Total (189,758)$
-110-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 4 – OTHER INFORMATION (Continued)
Actuarial Assumptions and Other Inputs
The Total OPEB liability in the June 30, 2024 actuarial valuation was determined using the following actuarial
assumptions, applied to all periods included in the measurement, unless otherwise specified:
The discount rate used to measure the total OPEB liability is 3.97 percent. The County’s OPEB Plan is an
unfunded plan; therefore, the discount rate was set to the rate of the tax-exempt, high-quality 20-year municipal
bonds, as of the valuation date.
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.
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, 2024.
Measurement date June 30, 2024
Valuation date June 30, 2023
Report date June 30, 2024
Actuarial cost method Entry age normal
Discount rate 3.97%
Inflation 2.40%
Salary increases 3.40%
Mortality Rates Based on Society of Actuaries Mortality Tables
Healthcare cost trend rate 6.80% trending down to 0.00% over 52 years. Applies to calendar years.
-111-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 4 – OTHER INFORMATION (Continued)
Changes in Total OPEB Liability
Sensitivity of the Liability to Changes in the Discount Rate and Healthcare Cost Trend Rate
Changes in the discount rate affect the measurement of the total OPEB liability. Lower discount rates produce a
higher total OPEB liability and higher discount rates produce a lower total OPEB liability. The following presents
the total OPEB liability of the plan calculated using the discount rate of 3.97%, as well as what the County's total
OPEB liability would be if it were calculated using a discount rate that is one percentage point lower (2.97%) or
one percentage point higher (4.97%) than the current rate:
Changes in healthcare trends also affect the measurement of the total OPEB liability. Lower healthcare trends
produce a lower total OPEB liability and higher healthcare trends produce a higher total OPEB liability. The
following presents the total OPEB liability of the plan, calculated using the healthcare cost trend rate of 6.80%
and decreased to 0.00% over 52 years, as well as what the County's total OPEB liability would be if it were
calculated using healthcare cost trend rates that are one percentage point lower (5.80%) or one percentage point
higher (7.80%) than current healthcare cost trend rate:
County Plan
Balance at 6/30/2023 23,033,674$
Changes for the year:
Service cost 1,642,188
Interest 930,952
Change in assumptions or other inputs (219,607)
Differences between expected and actual experience 148,641
Benefit payments (509,928)
Implicit subsidy credit (605,912)
Net changes 1,386,334
Balance at 6/30/2024 24,420,008$
Category
1% Decrease Current Discount Rate 1% Increase
(2.97%) (3.97%) (4.97%)
Total OPEB Liability on June 30, 2024 26,468,487$ 24,420,008$ 22,492,652$
Current Health Care
1% Decrease Trend Rates 1% Increase
(5.80%) (6.80%) (7.80%)
Total OPEB Liability on June 30, 2024 21,186,496$ 24,420,008$ 28,293,105$
-112-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 4 – OTHER INFORMATION (Continued)
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 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:
Expected Average Remaining Service Lives (EARSL)
The effects on the total pension liability of (1) changes of economic and demographic assumptions or of other
inputs and (2) differences between expected and actual experience are required to be included in pension
expense in a systematic and rational manner over a closed period equal to the average of the expected
remaining service lives of all employees that are provided with benefits through the pension plan (active
employees and inactive employees), beginning in the current period. The expected average remaining service
lives (EARSL) for the current period is 8.5 years.
E. Landfill Closure and Postclosure Care Costs
State and Federal laws and regulations require that the County place a final cover on its landfill sites and perform
certain maintenance and monitoring functions at the sites for a minimum of 30 years after closure. In addition to
operating expenses related to current activities of the landfill site, an expense provision and related liability are
recognized based on the estimated future closure and postclosure care costs that will be incurred near or after the
date the landfill no longer accepts waste. The recognition of the closure and postclosure care costs for Knott Landfill
is based on remaining capacity of the landfill. It is estimated that the total cost for the closure and postclosure of
Knott Landfill is $33,265,877 which includes the current cost of equipment, facilities and services required to close,
monitor and maintain the landfill. The postclosure costs estimated for the County’s Demo and Southwest sites are
estimated at $1,503,810 and $1,119,195, respectively.
The amount of closure and postclosure costs to recognize each year is based on engineering estimates of capacity
remaining at the landfill. By estimating the capacity remaining at the landfill instead of calculating the capacity used,
based on the cubic feet of material added during the year, the County is better able to recognize the benefit of
natural compression occurring within the solid waste cells.
Deferred Outflow/
Subsequent (Inflow) of Resources
Fiscal (prior to post-measurement
Years date contributions)
FY 2025 (2,354,542)$
FY 2026 (2,354,542)
FY 2027 (2,354,542)
FY 2028 (2,354,542)
FY 2029 (2,354,542)
Remaining (1,440,417)
Total (13,213,127)$
-113-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 4 – OTHER INFORMATION (Continued)
Through June 30, 2024, $19,311,431 has been recognized as expense and $2,739,715 has been paid, resulting in a
Closure/ Post-Closure liability of $17,719,325 at June 30, 2024. Based on current estimated costs, an additional
$13,904,230 will be recognized as closure and postclosure expense through 2029, the date the landfill is currently
projected to be filled to capacity.
For the past several years, the County has designated resources for future closure and postclosure care and it
anticipates continuing to do so. The County meets the “Local Government Financial Test” which provides financial
assurance as to the County’s ability to meet its financial obligations for closure and postclosure.
F. Public-Private Partnership
In April of 2023, the County entered a Public-Private Partnership (PPP) arrangement with Cascade Natural Gas
Corporation (CNGC). The County currently owns and operates an active gas collection system at Knott Landfill, a
solid waste facility. The Landfill Gas Sales Agreement allows for CNGC to expand the active gas collection system
and connect the system to a renewable natural gas production facility in exchange for monthly payments based on
the value of extracted gas. Some improvement cost made to the active gas collection system will be paid by CNGC
and will be retained by the County at the end of the PPP term. No costs related to the collection system expansion
were incurred as of June 30, 2024. The initial term of the agreement is 10 years from the “Commissioning Date” of
the renewable natural gas production facility with the option to extend for 5-year increments.
G. Tax Abatement
As of June 30, 2024, four property tax abatement programs are administered as authorized by Oregon Revised
Statutes:
Property for Low-income Rental 307.517, 307.537, 307.541
Enterprise Zone Businesses 285C.175
Construction in Process in an Enterprise Zone 285C.170
Solar Projects 2015 laws c. 571 (Note 3 following ORS 370.175)
-114-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 4 – OTHER INFORMATION (Continued)
Property for Low-income Rental (307.517)
The intent of the Property for Low-income Rental program is to assist in providing housing equity throughout the
state and reduce homelessness. Newly constructed rental housing occupied by low-income persons or property
held for a reasonably short period of time for future development as low-income rental housing is exempt from
property taxes for 20 years if the property is:
Located in a city or county that adopts standards and guidelines to be used in administering applications
for exemption.
• Built after the city or county adopts the state statutes.
• Approved by the city or county upon application.
For projects requesting an exemption after October 5, 2015, any additional criteria established by the city
or county prior to the application.
Rented only to persons with income at or below 60 percent of area median income based on U.S.
Department of Housing and Urban Development criteria.
• Rented at rates that reflect the full property tax reduction.
Legislation in 2015 (HB 2130) amended the law to allow cities or counties to establish reasonable maximum holding
times for land designated for low-income housing development. The legislation also permitted cities or counties to
elect additional qualifying criteria before granting the exemption. Legislation in 2019 (HB 2130) extended the sunset
to June 30, 2029.
Enterprise Zone Businesses (285C.175)
The purpose of the Enterprise Zone Business program is to stimulate and protect economic success by providing
tax incentives for employment, business, industry and commerce and by providing adequate levels of
complementary assistance to community strategies for such interrelated goals as environmental protection, growth
management and efficient infrastructure. Qualified real and personal property owned or leased and newly placed
into service by a qualified business firm in an enterprise zone is exempt from property tax for three to five
consecutive years.
A new or expanding business can qualify if the business meets all of the conditions outlined in ORS 285C.135 and
285C.200, such as applying locally for authorization prior to construction, engaging in eligible business operations,
entering into a “first source” hiring agreement with local publicly funded job training providers, and increasing the
number of jobs in the enterprise zone by the greater of one additional job or 10 percent. To be exempt, the
property owned or leased by the business must satisfy applicable timing, location, minimum cost, and other
requirements described in ORS 285C.180. Property is disqualified if used for an ineligible activity, such as retail
operations, or if the business firm substantially curtails operations or closes during the exemption period. When
property becomes disqualified, previously exempt taxes must be repaid.
-115-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 4 – OTHER INFORMATION (Continued)
Construction in Process in an Enterprise Zone (285C.170)
The purpose of the Construction in Process in an Enterprise Zone program is to stimulate and protect economic
success by providing tax incentives for employment, business, industry, and commerce and by providing adequate
levels of complementary assistance to community strategies for such interrelated goals as environmental
protection, growth management and efficient infrastructure (ORS 285C.055). Property undergoing construction,
addition, modification, or installation is exempt from property taxation for up to two consecutive years provided
that the property satisfies all the program requirements. This exemption is effectively an extension of expenditure
2.011, Commercial Buildings Under Construction, specifically to properties that are expected to qualify for a
standard enterprise zone exemption when they are completed. If a property is exempt under both 2.011 and this
expenditure, the combined duration of the exemptions cannot exceed two consecutive years.
Solar Projects (2015 laws c. 571)
The intent of the Solar Projects program is to provide tax relief and tax stability to utility scale solar production
property owners and developers, which subsequently encourages the development of utility scale solar production
(Note 3 following ORS 307.175). Property constituting a solar project located in an unincorporated county area is
exempt from property taxes when an agreement has been made between the governing body of the county and
the owner of the solar project. The agreement is limited to 20 consecutive years. The last day an agreement could
be made was January 1, 2022.
Tax Abatement
For the fiscal year ended June 30, 2024, the County’s property tax revenues, including service districts, were abated
by an estimated $554,046 under the following programs:
For the fiscal year ended June 30, 2024, the County’s property tax revenues were not impacted by tax abatement
programs administered by other governments.
Tax Abatement Program
Deschutes
County
Countywide Law
Enforcement
District
Rural Law
Enforcement
District
Extention
and 4-H
9-1-1 County
Service District
Taxes Abated
Fiscal Year
Ended
June 30, 2024
Property for Low-income Rental 143,957$ 140,765$ 9,891$ 2,548$ 40,749$ 337,910$
Enterprise Zone Businesses 77,994 76,266 1,336 1,379 22,077 179,052
Construction in Process in an Enterprise Zone 2,662 2,603 - 47 754 6,066
Solar Projects 8,885 8,688 10,774 156 2,515 31,018
Total property tax abated 233,498$ 228,322$ 22,001$ 4,130$ 66,095$ 554,046$
-116-
Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 4 – OTHER INFORMATION (Continued)
H. Fund Structure
The County maintains certain additional sub-funds for specific management needs. These sub-funds are
consolidated into the appropriate fund for financial reporting purposes as required by generally accepted
accounting principles.
Major Funds – Governmental
Sub-funds of the General Fund include:
Accounts for the financial operations of the County which are not accounted for in any other fund.
Principal sources of revenues are property taxes and revenues from the State of Oregon and Federal
government. Expenditures are primarily for general government activities including assessment,
taxation, district attorney, and county clerk.
General Fund
Economic Development Loan repayment and interest revenues for loans and grants to business and not-for-profit entities.
Court Technology
Reserve
Transfers in and available resources for upgrades to video arraignment equipment.
Assessor, Clerk & Tax
Reserve
Transfers in and available resources for the upgrade or replacement of the assessment and taxation
system for the County’s property tax activities and for Clerk’s election equipment.
Project Development Transfers in, proceeds from sale of County lands and inter-fund rents. Resources are transferred to
debt service funds and used to acquire real property for use by the County.
General County Projects Property taxes and inter-fund charges for upgrades, remodels and major maintenance projects of
existing County real property.
General Capital Reserve Transfers in and available resources designated for construction or remodel of County-owned real
property.
Community Justice,
Juvenile
State grants and fees for juvenile delinquency programs within the County.
Code Abatement Available resources for enforcement of County solid waste and sanitation codes.
Vehicle Maintenance and
Replacement
Transfers from participating County funds and departments to be used for vehicle replacement and
repair.
Revenues from Sheriff’s services and payments from Countywide and Rural Law Enforcement Districts,
pursuant to intergovernmental agreements, used for public safety, including the operation of the
adult jail.
Property taxes used to fund Sheriff’s Office countywide public safety activities, including the
operation of the adult jail.
Property taxes used to fund Sheriff’s Office public safety in rural areas.
State gas tax apportionment and Federal payments for building and maintaining public roads and
highways.
Resources from inter-fund transfers for Road’s Capital Improvement Plan.
Fees for services, Federal and State grants for community wide health care, mental health services and
counseling.
Federal funds to be appropriated by the Board of County Commissioners in support of COVID-19
recovery.
Resources from inter-fund transfers for campus improvements, debt proceeds, and grant funds.
Sheriff’s Office
Countywide Law Enforcement
District (District #1)
Rural Law Enforcement
District (District #2)
Campus Improvement
Road CIP
Road
Health Services
American Rescue Plan Act
(ARPA)
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 4 – OTHER INFORMATION (Continued)
Major and Non-Major Funds – Proprietary – Enterprise
Sub-fund of the RV Park includes:
Nonmajor Governmental Funds
Special Revenue Funds
Fees and charges for services for the operation, maintenance, closure and postclosure monitoring of
the County’s sanitary landfill and transfer and recycle stations.
Fees and inter-fund transfers for the operation of a fair and expo center including the annual county
fiCharges for space rental of the County’s recreational vehicle park and transfers for debt service.
Solid Waste
Fair & Expo Center
RV Park
RV Park Reserve Transfers to reserve for maintenance and improvement of the County’s recreational vehicle park.
Justice Court Fines, fees and General Fund transfers for operating a justice court.
Park Acquisition and Apportionment from the State of Oregon from recreational vehicle fees.
Park Development Fees Fees paid by developers in lieu of land donation for park development.
County School Local taxes and Federal Forest receipts for education.
Special Transportation Federal and State grants for public transit services.
Taylor Grazing Federal funds administered by State for rangeland improvement.
Transient Room Tax Lodging tax for promotion of tourism and County services.
Video Lottery State’s video lottery apportionment for grants promoting economic development.
Transient Room Tax-1% Lodging taxes for marketing of recreational facilities.
Foreclosed Land Sales Land sale proceeds to reimburse costs of supervision and maintenance of properties acquired through
tax foreclosure.
Victims’ Assistance Grants and General Fund transfers for providing assistance to crime victims.
Law Library State shared revenues for supporting law library services.
County Clerk Records Fees for upgrading storage and retrieval systems.
Court Facilities Fines and fees to provide security in the court building.
Communications System
Reserve
Accumulated resources which will be used for replacement of the countywide communication system.
Community Development Fees and charges for services for planning, building safety, education and public services.
CDD - Groundwater
Partnership
Transfers for maintenance of water quality and open space and fees from developers for the
protection of groundwater, including rebates for replacement of septic systems.
Newberry Neighborhood Proceeds from land sales and grants for maintenance of water quality and open space.
GIS (Geographic Recording fees and sales for map data system.
Natural Resource Grants for the control of noxious weeds and promotion of healthy forests.
Federal Forest Title III Federal monies for grants related to National Forest activities in Deschutes County.
Surveyor Fees for survey measurements, plat reviews and document filing.
Public Land Corner Fees for maintaining permanent monuments of survey corner positions.
Countywide
Transportation SDC
Fees from developers and builders for upgrades and expansion of county road infrastructure.
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 4 – OTHER INFORMATION (Continued)
Debt Service Fund
Nonmajor Proprietary Funds – Internal Service Funds
Internal Service Funds
Dog Control Licenses, fees and donations for animal control.
Adult Parole and Charges for services and State Department of Corrections grant for County justice program.
Statewide Transportation
Improvement
State grants for public transit services.
PERS Reserve Charges to County’s operating funds and General Fund transfers to maintain a reserve to offset
increases in the cost of retirement benefits as a result of an increase in the PERS rate.
Joint Houselessness Revenue from State for coordinated homeless response systems.
Deschutes County 9-1-1
Service District
Property taxes, charges for services and grants for operations of countywide emergency call center.
Extension and 4-H Service
District
Property taxes for Oregon State University’s Extension Service programs.
Deschutes County Road
Agency
U.S Forest Service Secure Rural School funds for road construction.
Full Faith and Credit Debt
Service Fund
Long-term operating lease payments and inter-fund transfers for debt service payments on bonds
and notes issued for remodel and acquisition of real property, purchase of long-lived personal
property and funding of pension liability.
Facilities Interfund charges for custodial, repairs and maintenance for County facilities.
Administrative Services Interfund charges for services provided by County administration.
Board of County
Commissioners
Interfund charges for services provided by the County’s commissioners.
Finance Interfund charges for services provided by Finance Department.
Finance Reserve Interfund charges for purchase of financial software.
Legal Interfund charges for services provided by Legal Department.
Human Resources Interfund charges for services provided by the Human Resources Department.
Information Technology Interfund charges for services provided by IT Department.
Information Technology
Reserve
Interfund charges for future technology improvements.
Insurance Interfund charges for general liability, property, vehicle, workers’ compensation and unemployment
insurance.
Health Benefits Interfund charges for medical and dental insurance.
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Deschutes County, Oregon
Notes to Financial Statements
June 30, 2024
NOTE 4 – OTHER INFORMATION (Continued)
I. Reporting Units Affected by Change in Reporting Entity
During FY 2024, the Campus Public Safety CIP fund, previously reported as a non-major CIP fund, was legally
renamed as Campus Improvement and has been reclassified as a major fund. The change in classification of the
Campus Improvement as a major fund represents a change in financial reporting entity based on its increased
quantitative significance.
This reclassification has been made in accordance with GASB Statement No. 100, Accounting Changes and Error
Corrections—an amendment of GASB Statement No. 62, which requires entities to disclose and describe the nature of
significant changes in accounting principle.
Campus
Improvement
Nonmajor
Governmental
Fund balance - beginning of year, as previously reported -$ 58,930,183$
Change from nonmajor to major fund 5,866,734 (5,866,734)
Fund balance - beginning of year, as adjusted or restated 5,866,734$ 53,063,449$
Funds
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-121-
Required Supplementary Information
For the Fiscal Year Ended June 30, 2024
Deschutes County, Oregon
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Deschutes County, Oregon
Schedule of Proportionate Share of the Net Pension Liability (Asset)
Oregon Public Employees Retirement System
Last Ten Fiscal Years*
For the Fiscal Year Ended June 30, 2024
Fiscal Year
2015 2016 2017 2018
Proportion of the net
pension liability (asset)0.61%0.64%0.62%0.62%
Proportionate share of the
net pension liability (asset)(13,913,943)$ 36,983,685$ 93,391,575$ 83,905,406$
Covered payroll 54,795,204$ 57,047,593$ 59,420,146$ 62,715,717$
Proportionate share of the
net pension liability (asset)
as a percentage of
covered payroll (25.39%)64.83%157.17%133.79%
Plan fiduciary net position
as a percentage of the
total pension liability 103.59%91.88%80.53%83.12%
* The amounts presented for each fiscal year were determined as of June 30th of the previous year.
-123-
Fiscal Year
2019 2020 2021 2022 2023 2024
0.63%0.66%0.64%0.67%0.73%0.76%
95,837,777$ 114,720,172$ 139,927,482$ 79,782,076$ 111,836,403$ 142,844,432$
67,091,346$ 72,086,900$ 77,809,516$ 85,677,368$ 89,691,054$ 100,826,363$
142.85%159.14%179.83%93.12%124.69%141.67%
82.07%80.23%75.79%87.57%84.55%81.68%
-124-
Deschutes County, Oregon
Schedule of Net Pension Liability (Asset) Employer Contributions
Oregon Public Employees Retirement System
Last Ten Fiscal Years*
For the Fiscal Year Ended June 30, 2024
Fiscal Year
2015 2016 2017 2018
Contractually required
contributions 5,258,200$ 5,785,558$ 5,971,466$ 8,534,158$
Contributions in relation to
the contractually required
contribution 5,258,200$ 5,785,558$ 5,971,466$ 8,534,158$
County's covered payroll 57,047,593$ 59,420,146$ 62,715,717$ 67,091,346$
Contributions as a percentage
of covered payroll 9.22%9.74%9.52%12.72%
* The amounts presented for each fiscal year were determined as of June 30th of the previous year.
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Fiscal Year
2019 2020 2021 2022 2023 2024
9,182,373$ 14,075,061$ 13,817,681$ 14,841,836$ 16,551,130$ 19,393,790$
9,182,373$ 14,075,061$ 13,817,681$ 14,841,836$ 16,551,130$ 19,393,790$
72,086,900$ 77,809,516$ 85,677,368$ 89,691,054$ 100,826,363$ 110,854,539$
12.74%18.09%16.13%16.55%16.42%17.49%
-126-
For the Fiscal Year Ended June 30, 2024
Fiscal Year
2018 2019 2020 2021 2022 2023 2024
Service cost 1,756,755$ 1,339,312$ 1,386,188$ 2,350,138$ 2,432,393$ 2,517,527$ 1,642,188$
Interest 1,152,108 1,184,266 849,681 549,528 726,383 824,089 930,952
Changes of assumptions and other inputs - (11,017,853) - 6,445,394 - (15,401,078) (70,966)
Benefit payments and implicit subsidy credit (1,428,996) (1,079,974) (1,050,615) (1,092,103) (1,222,595) (1,083,168) (1,115,840)
Net change in OPEB liability 1,479,867 (9,574,249) 1,185,254 8,252,957 1,936,181 (13,142,630) 1,386,334
Total OPEB liability - beginning 32,896,294 34,376,161 24,801,912 25,987,166 34,240,123 36,176,304 23,033,674
Total OPEB liability - ending 34,376,161$ 24,801,912$ 25,987,166$ 34,240,123$ 36,176,304$ 23,033,674$ 24,420,008$
Covered-employee payroll**65,409,667$ 69,941,231$ 72,389,174$ 85,677,368$ 89,691,054$ 100,826,363$ 110,854,539$
52.6% 35.5% 35.9% 40.0% 40.3% 22.8% 22.0%
** Amounts presented are as of the measurement date, which is one year in arrears.
Deschutes County, Oregon
Schedule of Changes in the County's Total OPEB Liability
Deschutes County Plan
Last Seven Fiscal Years*
There are no assets accumulated in the OPEB plan that meets the criteria of GASB codification P22.101 to pay related benefits for the
Pension/OPEB plan.
* The schedule is required to show information for 10 years. However, until a full 10-year trend is compiled, the information
presented is for those years which information is available.
Total OPEB liability as a percentage of
covered-employee payroll
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Deschutes County, Oregon
Schedule of the Proportionate Share of the Net OPEB Liability (Asset)
Oregon Public Employees Retirement System (OPEB-RHIA Component)
Last Eight Fiscal Years*
Fiscal Year
2017 2018 2019 2020 2021 2022 2023 2024
Proportion of the net
OPEB liability (asset) 0.62% 0.61% 0.63% 0.66% 0.59% 0.53% 0.47% 0.56%
Proportionate share of the
net OPEB liability (asset) 167,543$ (252,752)$ (707,109)$ (1,270,129)$ (1,204,828)$ (1,834,569)$ (1,656,597)$ (2,035,705)$
Covered payroll 59,447,651$ 62,728,445$ 67,106,755$ 72,086,900$ 77,809,516$ 85,677,368$ 89,691,054$ 100,826,363$
Proportionate share of the
net OPEB liability (asset)
as a percentage of
covered payroll 0.28%-0.40%-1.05%-1.76%-1.55%-2.14%-1.85%-2.02%
Plan fiduciary net position
as a percentage of the
total OPEB liability 94.15%108.88%123.99%144.36%150.07%183.86%194.66%201.60%
* Schedule is intended to show information for 10 years. Additional years will be displayed as they become available.
The amounts presented for each fiscal year were determined as of June 30 of the previous year.
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Deschutes County, Oregon
Schedule of Net OPEB Liability (Asset) Employer Contributions
Oregon Public Employees Retirement System (OPEB-RHIA Component)
Last Eight Fiscal Years*
Fiscal Year
2017 2018 2019 2020 2021 2022 2023 2024
Contractually required
contribution 301,513$ 304,046$ 325,768$ 42,226$ 14,294$ 11,491$ 10,956$ 2,891$
Contributions in relation to
the contractually required
contribution 301,513$ 304,046$ 325,768$ 42,226$ 14,294$ 11,491$ 10,956$ 2,891$
County's covered payroll 62,728,445$ 67,106,755$ 72,086,900$ 77,809,516$ 85,677,368$ 89,691,054$ 100,826,363$ 110,854,539$
Contributions as a percentage
of covered payroll 0.48% 0.45% 0.45% 0.05% 0.02% 0.01% 0.01% 0.00%
* Schedule is intended to show information for 10 years. Additional years will be displayed as they become available.
The amounts presented for each fiscal year were determined as of June 30 of the current year.
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Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 1,602,827$ 1,602,827$ 1,550,486$ (52,341)$
Intergovernmental 4,299,398 4,678,577 4,643,605 (34,972)
Investment earnings 345,567 345,567 708,466 362,899
Licenses and permits 36,445 36,445 43,020 6,575
Taxes - property 37,744,800 37,744,800 38,614,980 870,180
Transfers in 97,290 103,790 103,790 -
Total revenues 44,126,327 44,512,006 45,664,347 1,152,341
EXPENDITURES
Current:
General Government | Assessor 6,189,597 6,189,597 5,587,738 601,859
General Government | Board of Property Tax Appeal 97,522 97,522 79,788 17,734
General Government | Clerk and Elections 2,351,515 2,351,515 2,087,270 264,245
General Government | Non-Departmental 1,653,416 2,269,666 2,212,743 56,923
General Government | Property Management 539,558 539,558 510,329 29,229
General Government | Tax Office 940,770 940,770 871,903 68,867
Health and Welfare | Veterans' Services 840,104 934,283 872,563 61,720
Public Safety | District Attorney 11,630,172 11,636,672 11,237,083 399,589
Public Safety | Medical Examiner 374,224 461,224 391,213 70,011
Not allocated to organizational units:
Contingency 12,342,000 11,850,095 - 11,850,095
Transfers out 20,993,449 21,067,104 20,305,526 761,578
Total expenditures 57,952,327 58,338,006 44,156,156 14,181,850
Net change in fund balances (13,826,000) (13,826,000) 1,508,191 15,334,191
Fund balances, budget basis - beginning of year 13,826,000 13,826,000 13,984,335 158,335
Fund balances, budget basis - end of year -$ -$ 15,492,526 15,492,526$
Unrealized gain (loss) on investments (239,417)
Unavailable revenues - services provided (26,013)
Economic Development 401,776
Assessment, Taxation & Clerk Reserve 1,840,172
Project Development 3,351,742
General County Projects 2,265,896
General Capital Reserve 10,710,313
Community Justice Juvenile 1,329,071
Code Abatement 180,472
Vehicle Maintenance & Replacement 2,579,324
Fund balances, GAAP basis - end of year 37,885,862$
The notes to the required supplementary information are an integral part of this schedule.
Deschutes County, Oregon
Schedule of Revenues, Expenditures and Changes In Fund Balances - Budget and Actual
General Fund
For the Fiscal Year Ended June 30, 2024
Budgeted Amounts
-130-
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 602,610$ 602,610$ 743,781$ 141,171$
Contributions and donations 78,615 78,615 99,145 20,530
Fines, forfeitures and penalties 181,600 181,600 284,250 102,650
Intergovernmental 60,968,685 60,968,685 54,012,295 (6,956,390)
Investment earnings 20,000 20,000 53,695 33,695
Licenses and permits 300,000 300,000 404,595 104,595
Other 62,000 62,000 61,656 (344)
Transfers in 3,651,787 3,651,787 3,651,787 -
Total revenues 65,865,297 65,865,297 59,311,204 (6,554,093)
EXPENDITURES
Current:
Public safety 65,592,097 65,591,097 59,040,346 6,550,751
Not allocated to organizational units:
Transfers out 273,200 274,200 270,858 3,342
Total expenditures 65,865,297 65,865,297 59,311,204 6,554,093
Net change in fund balances - - - -
Fund balances, budget basis - beginning of year - - - -
Fund balances, budget basis - end of year -$ -$ -$ -$
Unrealized gain (loss) on investments (18,805)
Revenue recognized on GAAP basis, not budgetary basis 169,060
Unavailable revenue - services provided (150,255)
Fund balances, GAAP basis - end of year -$
The notes to the required supplementary information are an integral part of this schedule.
Deschutes County, Oregon
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
Sheriff's Office
For the Fiscal Year Ended June 30, 2024
Budgeted Amounts
-131-
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Investment earnings 264,000$ 264,000$ 515,925$ 251,925$
Taxes - property 38,190,124 38,336,062 38,421,472 85,410
Total revenues 38,454,124 38,600,062 38,937,397 337,335
EXPENDITURES
Current:
Public safety 40,382,403 41,770,045 37,018,610 4,751,435
Not allocated to organizational units:
Contingency 8,661,037 6,358,217 - 6,358,217
Total expenditures 49,043,440 48,128,262 37,018,610 11,109,652
Net change in fund balances (10,589,316) (9,528,200) 1,918,787 11,446,987
Fund balances, budget basis - beginning of year 10,589,316 9,528,200 9,528,200 -
Fund balances, budget basis - end of year -$ -$ 11,446,987 11,446,987$
Unrealized gain (loss) on investments (139,199)
Expenditure recognized on GAAP basis, not budgetary basis (124,344)
Fund balances, GAAP basis - end of year 11,183,444$
The notes to the required supplementary information are an integral part of this schedule.
Deschutes County, Oregon
Countywide Law Enforcement District
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Budgeted Amounts
-132-
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Investment earnings 65,000$ 65,000$ 149,987$ 84,987$
Taxes - property 15,230,056 15,309,654 15,363,800 54,146
Total revenues 15,295,056 15,374,654 15,513,787 139,133
EXPENDITURES
Current:
Public safety 17,297,535 15,909,893 12,866,927 3,042,966
Not allocated to organizational units:
Contingency 593,356 937,775 - 937,775
Total expenditures 17,890,891 16,847,668 12,866,927 3,980,741
Net change in fund balances (2,595,835) (1,473,014) 2,646,860 4,119,874
Fund balances, budget basis - beginning of year 2,595,835 1,473,014 1,473,014 -
Fund balances, budget basis - end of year -$ -$ 4,119,874 4,119,874$
Unrealized gain (loss) on investments (50,047)
Expenditure recognized on GAAP basis, not budgetary basis (44,716)
Fund balances, GAAP basis - end of year 4,025,111$
The notes to the required supplementary information are an integral part of this schedule.
Deschutes County, Oregon
Rural Law Enforcement District
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Budgeted Amounts
-133-
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 2,135,075$ 2,135,075$ 2,012,357$ (122,718)$
Fines, forfeitures and penalties 2,000 2,000 2,296 296
Intergovernmental 24,391,357 24,391,357 24,929,077 537,720
Investment earnings 288,342 288,342 449,951 161,609
Loan repayments 5,000 5,000 6,051 1,051
Rentals 1,248 1,248 1,163 (85)
Transfers in 2,700,000 2,700,000 2,700,000 -
Total revenues 29,523,022 29,523,022 30,100,895 577,873
EXPENDITURES
Current:
County roads 22,414,543 22,414,543 17,999,723 4,414,820
Not allocated to organizational units:
Contingency 5,902,173 5,902,173 - 5,902,173
Transfers out 12,700,000 12,700,000 12,700,000 -
Total expenditures 41,016,716 41,016,716 30,699,723 10,316,993
Net change in fund balances (11,493,694) (11,493,694) (598,828) 10,894,866
Fund balances, budget basis - beginning of year 11,493,694 11,493,694 13,454,964 1,961,270
Fund balances, budget basis - end of year -$ -$ 12,856,136 12,856,136$
Unrealized gain (loss) on investments (204,349)
Inventory 2,798,174
Unavailable revenue - services provided (21,998)
Fund balances, GAAP basis - end of year 15,427,963$
The notes to the required supplementary information are an integral part of this schedule.
Deschutes County, Oregon
Road
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Budgeted Amounts
-134-
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 3,927,767$ 3,927,767$ 4,881,253$ 953,486$
Contributions and donations 407,889 407,889 572,818 164,929
Intergovernmental 55,647,451 56,420,724 61,733,099 5,312,375
Investment earnings 650,380 650,380 1,348,031 697,651
Licenses and permits 8,800 8,800 - (8,800)
Rentals 6,500 6,500 12,964 6,464
Transfers in 9,079,130 9,359,130 6,825,802 (2,533,328)
Total revenues 69,727,917 70,781,190 75,373,967 4,592,777
EXPENDITURES
Current:
Health and welfare 71,057,251 72,318,465 67,066,943 5,251,522
Not allocated to organizational units:
Contingency 7,737,952 7,480,011 - 7,480,011
Transfers out 3,213,247 3,543,247 1,284,994 2,258,253
Total expenditures 82,008,450 83,341,723 68,351,937 14,989,786
Net change in fund balances (12,280,533) (12,560,533) 7,022,030 19,582,563
Fund balances, budget basis - beginning of year 28,732,149 28,718,750 32,267,606 3,548,856
Fund balances, budget basis - end of year 16,451,616$ 16,158,217$ 39,289,636 23,131,419$
Receivables not recognized on budgetary basis 99,153
Unrealized gain (loss) on investments (530,002)
Unavailable revenue - services provided (5,900,066)
Fund balances, GAAP basis - end of year 32,958,721$
The notes to the required supplementary information are an integral part of this schedule.
Deschutes County, Oregon
Health Services
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Budgeted Amounts
-135-
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Intergovernmental 2,311,073$ 14,139,137$ 3,762,560$ (10,376,577)$
Investment earnings 319,460 319,460 297,738 (21,722)
Total revenues 2,630,533 14,458,597 4,060,298 (10,398,299)
EXPENDITURES
Current:
General government 12,326,272 9,837,656 3,762,561 6,075,095
Not allocated to organizational units:
Transfers out 5,022,145 5,022,145 400,000 4,622,145
Total expenditures 17,348,417 14,859,801 4,162,561 10,697,240
Net change in fund balances (14,717,884) (401,204) (102,263) 298,941
Fund balances, budget basis - beginning of year 14,717,884 401,204 401,206 2
Fund balances, budget basis - end of year -$ -$ 298,943 298,943$
Unrealized gain (loss) on investments (132,369)
Fund balances, GAAP basis - end of year 166,574$
The notes to the required supplementary information are an integral part of this schedule.
Deschutes County, Oregon
American Rescue Plan Act
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Budgeted Amounts
-136-
Deschutes County, Oregon
Notes to Required Supplementary Information
June 30, 2024
NOTE 1 – ADJUSTMENTS FROM BUDGETARY BASIS OF ACCOUNTING TO GAAP
The County has certain governmental funds maintained for budgetary purposes that do not meet the
definition of Special Revenue Funds for GAAP reporting purposes. At year-end, the ending fund balances for
each of these funds are combined with the General Fund.
Additional adjustments made from the Budgetary Basis of Accounting to GAAP include the recognition of
unrealized gain/loss on investments, recognition of receivables on GAAP basis (i.e. collections on short-term
receivables, not shown in budget basis), exclusion of receivables from budgetary basis (i.e. grant revenue
excluded by GAAP due to timing of the award), recognition of unavailable revenue on GAAP basis (i.e.
revenue included in budget basis, not collected in 60 days), and the consumption of inventories.
NOTE 2 – STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY
The Board of County Commissioners adopts a resolution authorizing appropriations, which establishes the
level by which expenditures cannot lawfully exceed appropriations. Within the General Fund, legal
appropriations are established at the department-level for programmatic appropriation with the remaining
appropriation allocated against the fund, in its entirety, as debt service, transfers to other funds, and
contingency. Remaining County funds are not appropriated by department-level, instead each fund is legally
authorized appropriations against programmatic, debt service, special payments, transfers to other funds,
and contingency.
NOTE 3 – PENSION PLAN SEPARATELY ISSUED REPORT – OREGON PUBLIC EMPLOYEES RETIREMENT
SYSTEM
Information concerning the State of Oregon Public Employee Retirement System’s fiduciary performance
can be found at www.oregon.gov/pers.
NOTE 4 – OTHER POST EMPLOYMENT BENEFIT SEPARATELY ISSUED REPORT – RHIA
Information concerning the State of Oregon Public Employee Retirement System Retiree Health Insurance
Account’s (RHIA’s) fiduciary performance can be found at www.oregon.gov/pers.
-137-
Other Supplementary Information
For the Fiscal Year Ended June 30, 2024
Deschutes County, Oregon
-138-
-139-
Combining and Individual Funds Statements
and Schedules – Major Governmental Funds
and Sub-Funds – General Fund
For the Fiscal Year Ended June 30, 2024
Deschutes County, Oregon
-140-
General Court Assessor,
Fund Economic Technology Clerk and Tax Project
Operations Development Reserve Reserve Development
ASSETS
Cash and cash equivalents 2,587,522$ 46,896$ -$ 246,414$ 448,029$
16,720,611 303,315 - 1,593,758 2,897,771
Taxes receivable 689,609 - - - -
Accounts receivable 627,591 - - - 255
Notes and contracts receivable 100,000 51,565 - - 128,867
Lease receivable - - - - 409,204
Total assets 20,725,333$ 401,776$ -$ 1,840,172$ 3,884,126$
LIABILITIES
Accounts payable and other current liabilities 511,953$ -$ -$ -$ 7,003$
Payroll liabilities 2,896,618 - - - -
Deposits 18,089 - - - 2,060
Unearned revenue 1,343,257 - - - 445
Total liabilities 4,769,917 - - - 9,508
DEFERRED INFLOWS OF RESOURCES
Unavailable revenue - property taxes 599,655 - - - -
Unavailable revenue - services provided 28,665 - - - -
Unavailable revenue - contracts of sale 100,000 - - - 129,122
Unavailable revenue - leases - - - - 393,754
Total deferred inflows of resources 728,320 - - - 522,876
FUND BALANCES
Nonspendable - 47,062 - - -
Committed - 354,714 - - -
Assigned - - - 1,840,172 3,351,742
Unassigned 15,227,096 - - - -
Total fund balances 15,227,096 401,776 - 1,840,172 3,351,742
Total liabilities, deferred inflows of resources
and fund balances 20,725,333$ 401,776$ -$ 1,840,172$ 3,884,126$
Investments, at fair value; plus accrued interest
June 30, 2024
Deschutes County, Oregon
General Fund and Sub-Funds of General Fund
Combining Balance Sheet
-141-
General General Community Vehicle
County County Justice Code Maintenance
Projects Reserve Juvenile Abatement and Replacement Total
342,165$ 1,434,195$ 177,749$ 38,054$ 345,391$ 5,666,415$
2,213,067 9,276,118 1,149,005 246,126 2,233,933 36,633,704
21,283 - - - - 710,892
- - 215,158 - - 843,004
- - - - - 280,432
- - 291,727 - - 700,931
2,576,515$ 10,710,313$ 1,833,639$ 284,180$ 2,579,324$ 44,835,378$
292,087$ -$ 37,673$ 103,708$ -$ 952,424$
- - 156,084 - - 3,052,702
- - - - - 20,149
- - - - - 1,343,702
292,087 - 193,757 103,708 - 5,368,977
18,532 - - - - 618,187
- - 28,036 - - 56,701
- - - - - 229,122
- - 282,775 - - 676,529
18,532 - 310,811 - - 1,580,539
- - - - - 47,062
- 10,710,313 - - - 11,065,027
2,265,896 - 1,329,071 180,472 2,579,324 11,546,677
- - - - - 15,227,096
2,265,896 10,710,313 1,329,071 180,472 2,579,324 37,885,862
2,576,515$ 10,710,313$ 1,833,639$ 284,180$ 2,579,324$ 44,835,378$
-142-
General Court Assessor,
Fund Economic Technology Clerk and Tax Project
Operations Development Reserve Reserve Development
REVENUES
Taxes - property 38,614,980$ -$ -$ -$ -$
Licenses and permits 43,020 - - - -
Investment earnings (losses) 1,027,302 17,348 6,049 84,611 139,237
Rents - - - - 739,824
Intergovernmental 4,643,605 12,879 - - -
Charges for services 1,524,473 - - - 6,081
Contributions and donations - - - - -
Payments on contracts of sale - - - - 129,615
Other - - - - -
Total revenues 45,853,380 30,227 6,049 84,611 1,014,757
EXPENDITURES
Current:
General government 11,348,438 - - 374,039
Public safety 11,607,758 - - - -
Health and welfare 867,928 - - - -
Debt service:
Principal payments 26,506 - - - -
Capital outlay 26,483 - - - -
Total expenditures 23,877,113 - - - 374,039
Excess (deficiency) of revenues
over expenditures 21,976,267 30,227 6,049 84,611 640,718
OTHER FINANCING SOURCES (USES)
Issuance of long-term debt - leases 26,483 - - - -
Inter-fund:
Transfers in 103,790 - - - 644,964
Transfers out (8,831,104) - (190,795) - (532,338)
Intra-fund:
Transfers in - - - 120,000 -
Transfers out (11,474,422) - - - -
Total other financing sources (uses)(20,175,253) - (190,795) 120,000 112,626
Net change in fund balances 1,801,014 30,227 (184,746) 204,611 753,344
Fund balances - beginning of year 13,426,082 371,549 184,746 1,635,561 2,598,398
Fund balances - end of year 15,227,096$ 401,776$ -$ 1,840,172$ 3,351,742$
Deschutes County, Oregon
General Fund and Sub-Funds of General Fund
Combining Schedule of Revenues, Expenditures and Changes in Fund Balances
For the Fiscal Year Ended June 30, 2024
-143-
General General Community Vehicle
County County Justice Code Maintenance
Projects Reserve Juvenile Abatement and Replacement Total
1,209,142$ -$ -$ -$ -$ 39,824,122$
- - - - - 43,020
90,436 382,234 90,830 7,108 113,888 1,959,043
- - 102,792 - - 842,616
30,000 - 749,423 - - 5,435,907
18,459 - 116,837 200,000 5,861 1,871,711
- - 450 - - 450
- - - - - 129,615
- - - - 62,227 62,227
1,348,037 382,234 1,060,332 207,108 181,976 50,168,711
1,196,175 - - 144,809 230,150 13,293,611
- - 7,843,455 - - 19,451,213
- - - - - 867,928
- - 12,037 - - 38,543
195,715 - 72,254 - 281,780 576,232
1,391,890 - 7,927,746 144,809 511,930 34,227,527
(43,853) 382,234 (6,867,414) 62,299 (329,954) 15,941,184
- - 42,989 - - 69,472
181,000 1,123,720 - - 629,466 2,682,940
- - - - - (9,554,237)
715,586 4,430,707 6,798,630 - 130,116 12,195,039
- (600,000) (120,617) - - (12,195,039)
896,586 4,954,427 6,721,002 - 759,582 (6,801,825)
852,733 5,336,661 (146,412) 62,299 429,628 9,139,359
1,413,163 5,373,652 1,475,483 118,173 2,149,696 28,746,503
2,265,896$ 10,710,313$ 1,329,071$ 180,472$ 2,579,324$ 37,885,862$
-144-
Deschutes County, Oregon
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Investment earnings 8,100$ 8,100$ 11,101$ 3,001$
Loan repayments - - 9,451 9,451
Total revenues 8,100 8,100 20,552 12,452
EXPENDITURES
Current:
General government 332,494 332,494 - 332,494
Total expenditures 332,494 332,494 - 332,494
Net change in fund balances (324,394) (324,394) 20,552 344,946
Fund balances, budget basis - beginning of year 324,394 324,394 334,002 9,608
Fund balances, budget basis - end of year -$ -$ 354,554 354,554$
Notes and contracts receivable recognized under GAAP 51,565
Unrealized gain (loss) on investments (4,343)
Fund balances, GAAP basis - end of year 401,776$
Budgeted Amounts
Economic Development (Sub-Fund of General Fund)
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
-145-
Deschutes County, Oregon
Court Technology Reserve (Sub-Fund of General Fund)
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Investment earnings -$ -$ -$ -$
Total revenues - - - -
EXPENDITURES
Not allocated to organizational units:
Transfers out 197,000 197,000 190,795 6,205
Total expenditures 197,000 197,000 190,795 6,205
Net change in fund balances (197,000) (197,000) (190,795) 6,205
Fund balances, budget basis - beginning of year 197,000 197,000 190,795 (6,205)
Fund balances, budget basis - end of year -$ -$ - -$
Unrealized gain (loss) on investments -
Fund balances, GAAP basis - end of year -$
Budgeted Amounts
-146-
Deschutes County, Oregon
Assessor, Clerk and Tax Reserve (Sub-Fund of General Fund)
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Investment earnings 33,583$ 33,583$ 53,877$ 20,294$
Transfers in 120,000 120,000 120,000 -
Total revenues 153,583 153,583 173,877 20,294
EXPENDITURES
Current:
General government - - - -
Total expenditures - - - -
Net change in fund balances 153,583 153,583 173,877 20,294
Fund balances, budget basis - beginning of year 1,679,159 1,679,159 1,689,116 9,957
Fund balances, budget basis - end of year 1,832,742$ 1,832,742$ 1,862,993$ 30,251$
Unrealized gain (loss) on investments (22,821)
Fund balances, GAAP basis - end of year 1,840,172$
Budgeted Amounts
-147-
Deschutes County, Oregon
Project Development (Sub-Fund of General Fund)
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 9,000$ 9,000$ 6,081$ (2,919)$
Investment earnings 47,161 47,161 95,984 48,823
Payments on contracts of sale 341,217 341,217 129,615 (211,602)
Rentals 690,704 690,704 739,669 48,965
Transfers in - 629,964 644,964 15,000
Total revenues 1,088,082 1,718,046 1,616,313 (101,733)
EXPENDITURES
Current:
General government 2,885,790 3,235,749 374,039 2,861,710
Not allocated to organizational units:
Transfers out 578,217 578,217 532,338 45,879
Total expenditures 3,464,007 3,813,966 906,377 2,907,589
Net change in fund balances (2,375,925) (2,095,920) 709,936 2,805,856
Fund balances, budget basis - beginning of year 2,375,925 2,375,925 2,667,848 291,923
Fund balances, budget basis - end of year -$ 280,005$ 3,377,784 3,097,779$
Unrealized gain (loss) on investments (41,492)
Lease receivable 409,204
Unavailable lease revenue (393,754)
Fund balances, GAAP basis - end of year 3,351,742$
Budgeted Amounts
-148-
Deschutes County, Oregon
General County Projects (Sub-Fund of General Fund)
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services -$ -$ 18,459$ 18,459$
Intergovernmental - - 30,000 30,000
Investment earnings 16,992 16,992 72,618 55,626
Taxes - property 1,167,000 1,167,000 1,209,142 42,142
Transfers in 1,559,500 1,559,500 896,586 (662,914)
Total revenues 2,743,492 2,743,492 2,226,805 (516,687)
EXPENDITURES
Current:
General government 3,290,228 3,290,228 1,391,890 1,898,338
Not allocated to organizational units:
Contingency 208,465 208,465 - 208,465
Total expenditures 3,498,693 3,498,693 1,391,890 2,106,803
Net change in fund balances (755,201) (755,201) 834,915 1,590,116
Fund balances, budget basis - beginning of year 755,201 755,201 1,462,669 707,468
Fund balances, budget basis - end of year -$ -$ 2,297,584 2,297,584$
Unrealized gain (loss) on investments (31,688)
Fund balances, GAAP basis - end of year 2,265,896$
Budgeted Amounts
-149-
Deschutes County, Oregon
General County Reserve (Sub-Fund of General Fund)
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Intergovernmental 393,171$ 393,171$ -$ (393,171)$
Investment earnings 110,505 110,505 339,099 228,594
Transfers in 10,176,572 10,176,572 5,554,427 (4,622,145)
Total revenues 10,680,248 10,680,248 5,893,526 (4,786,722)
EXPENDITURES
Not allocated to organizational units:
Transfers out 600,000 600,000 600,000 -
Total expenditures 600,000 600,000 600,000 -
Net change in fund balances 10,080,248 10,080,248 5,293,526 (4,786,722)
Fund balances, budget basis - beginning of year 5,525,271 5,525,271 5,549,609 24,338
Fund balances, budget basis - end of year 15,605,519$ 15,605,519$ 10,843,135 (4,762,384)$
Unrealized gain (loss) on investments (132,822)
Fund balances, GAAP basis - end of year 10,710,313$
Budgeted Amounts
-150-
Deschutes County, Oregon
Community Justice - Juvenile (Sub-Fund of General Fund)
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 86,000$ 86,000$ 116,837$ 30,837$
Contributions and donations 500 500 450 (50)
Intergovernmental 799,940 799,940 777,459 (22,481)
Investment earnings 37,500 37,500 54,078 16,578
Rentals 90,228 90,228 93,840 3,612
Transfers in 6,798,630 6,798,630 6,798,630 -
Total revenues 7,812,798 7,812,798 7,841,294 28,496
EXPENDITURES
Current:
Public safety 8,481,279 8,481,279 7,884,757 596,522
Not allocated to organizational units:
Contingency 710,902 710,902 - 710,902
Transfers out 120,617 120,617 120,617 -
Total expenditures 9,312,798 9,312,798 8,005,374 1,307,424
Net change in fund balances (1,500,000) (1,500,000) (164,080) 1,335,920
Fund balances, budget basis - beginning of year 1,500,000 1,500,000 1,528,687 28,687
Fund balances, budget basis - end of year -$ -$ 1,364,607 1,364,607$
Unavailable revenue (28,036)
Lease receivable 291,727
Unavailable revenue - lease revenue (282,775)
Unrealized gain (loss) on investments (16,452)
Fund balances, GAAP basis - end of year 1,329,071$
Budgeted Amounts
-151-
Deschutes County, Oregon
Code Abatement (Sub-Fund of General Fund)
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services -$ 200,000$ 200,000$ -$
Investment earnings 3,000 3,000 6,763 3,763
Total revenues 3,000 203,000 206,763 3,763
EXPENDITURES
Current:
General government 121,875 321,875 144,809 177,066
Total expenditures 121,875 321,875 144,809 177,066
Net change in fund balances (118,875) (118,875) 61,954 180,829
Fund balances, budget basis - beginning of year 118,875 118,875 122,042 3,167
Fund balances, budget basis - end of year -$ -$ 183,996 183,996$
Unrealized gain (loss) on investments (3,524)
Fund balances, GAAP basis - end of year 180,472$
Budgeted Amounts
-152-
Deschutes County, Oregon
Vehicle Maintenance and Replacement (Sub-Fund of General Fund)
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services -$ -$ 5,861$ 5,861$
Investment earnings 54,990 54,990 75,321 20,331
Other 35,000 35,000 62,227 27,227
Transfers in 759,582 759,582 759,582 -
Total revenues 849,572 849,572 902,991 53,419
EXPENDITURES
Current:
General government 1,132,000 1,132,000 511,930 620,070
Not allocated to organizational units:
Contingency 1,917,123 1,917,123 - 1,917,123
Total expenditures 3,049,123 3,049,123 511,930 2,537,193
Net change in fund balances (2,199,551) (2,199,551) 391,061 2,590,612
Fund balances, budget basis - beginning of year 2,199,551 2,199,551 2,220,250 20,699
Fund balances, budget basis - end of year -$ -$ 2,611,311 2,611,311$
Unrealized gain (loss) on investments (31,987)
Fund balances, GAAP basis - end of year 2,579,324$
Budgeted Amounts
-153-
Combining and Individual Funds Statements
and Schedules – Major Governmental Funds –
Capital Project Funds
For the Fiscal Year Ended June 30, 2024
Deschutes County, Oregon
-154-
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services -$ -$ 28,774$ 28,774$
Intergovernmental 1,704,116 1,704,116 2,342,101 637,985
Investment earnings 475,310 475,310 580,958 105,648
Transfers in 12,500,000 12,500,000 12,500,000 -
Total revenues 14,679,426 14,679,426 15,451,833 772,407
EXPENDITURES
Current:
County roads 23,772,827 24,142,169 23,124,455 1,017,714
Not allocated to organizational units:
Contingency 9,918,979 9,549,637 - 9,549,637
Total expenditures 33,691,806 33,691,806 23,124,455 10,567,351
Net change in fund balances (19,012,380) (19,012,380) (7,672,622) 11,339,758
Fund balances, budget basis - beginning of year 19,012,380 19,012,380 23,347,907 4,335,527
Fund balances, budget basis - end of year -$ -$ 15,675,285 15,675,285$
Unrealized gain (loss) on investments (208,020)
Fund balances, GAAP basis - end of year 15,467,265$
Deschutes County, Oregon
Road Capital Improvement Plan
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Budgeted Amounts
-155-
Deschutes County, Oregon
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Bonds issued 40,000,000$ 40,000,000$ 18,570,483$ (21,429,517)$
Bond premium - - 1,929,517 1,929,517
Charges for services 50,000 50,000 65,906 15,906
Investment earnings 673,703 673,703 762,261 88,558
Transfers in 497,000 497,000 572,544 75,544
Total revenues 41,220,703 41,220,703 21,900,711 (19,319,992)
EXPENDITURES
Current:
General government 13,716,828 13,716,828 6,259,059 7,457,769
Total expenditures 13,716,828 13,716,828 6,259,059 7,457,769
Net change in fund balances 27,503,875 27,503,875 15,641,652 (11,862,223)
Fund balances, budget basis - beginning of year 2,948,125 2,948,125 6,627,769 3,679,644
Fund balances, budget basis - end of year 30,452,000$ 30,452,000$ 22,269,421 (8,182,579)$
Unrealized gain (loss) on investments (488,599)
Retainage payable (606,470)
Fund balances, GAAP basis - end of year 21,174,352$
Budgeted Amounts
Campus Improvement
-156-
-157-
Combining and Individual Funds Statements
and Schedules – Major and Non-Major
Proprietary Funds – Enterprise Funds
For the Fiscal Year Ended June 30, 2024
Deschutes County, Oregon
-158-
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 15,678,000$ 15,918,000$ 17,347,450$ 1,429,450$
Investment earnings 763,041 763,041 835,818 72,777
Other 17,000 17,000 29,269 12,269
Rentals 1 1 1 -
Transfers in 2,600,000 3,510,000 2,600,000 (910,000)
Total revenues 19,058,042 20,208,042 20,812,538 604,496
EXPENDITURES
Current:
County services 30,626,686 29,916,686 26,985,219 2,931,467
Not allocated to organizational units:
Contingency 12,119,427 13,069,127 - 13,069,127
Debt service 2,302,340 2,302,640 2,302,520 120
Transfers out 2,613,962 3,523,962 2,613,962 910,000
Total expenditures 47,662,415 48,812,415 31,901,701 16,910,714
Net change in fund balances (28,604,373) (28,604,373) (11,089,163) 17,515,210
Fund balances, budget basis - beginning of year 30,521,677 30,521,677 32,526,375 2,004,698
Fund balances, budget basis - end of year 1,917,304$ 1,917,304$ 21,437,212 19,519,908$
Unrealized gain (loss) on investments (279,401)
Capital assets (net of accumulated depreciation and amortization) 47,380,177
Deferred charge on refunding 140,872
Deferred outflows of resources - OPEB RHIA 803
Deferred outflows of resources - OPEB 81,623
Deferred outflows of resources - pension 1,075,809
Accrued interest (77,572)
Accrued compensated leave (366,967)
Retainage payable (910,147)
Lease payable (2,170)
Other postemployment benefits - RHIA 37,836
Other postemployment benefits (453,870)
Net pension liability (2,654,907)
Bonds (net of unamortized premiums/discounts) (24,733,045)
Accrued landfill closure and postclosure costs (17,719,325)
Deferred inflows of resources - OPEB RHIA (4,276)
Deferred inflows of resources - OPEB (327,203)
Deferred inflows of resources - pension (227,664)
Net position, GAAP basis - end of year 22,397,785$
Deschutes County, Oregon
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
Solid Waste
For the Fiscal Year Ended June 30, 2024
Budgeted Amounts
-159-
Deschutes County, Oregon
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 4,576,450$ 4,576,450$ 5,329,000$ 752,550$
Intergovernmental 53,167 53,167 53,167 -
Investment earnings 100,300 100,300 144,689 44,389
Other 2,500 2,500 1,899 (601)
Transfers in 1,938,210 1,938,210 1,756,851 (181,359)
Total revenues 6,670,627 6,670,627 7,285,606 614,979
EXPENDITURES
Current:
County services 7,306,993 7,306,993 6,671,066 635,927
Not allocated to organizational units:
Contingency 484,764 260,822 - 260,822
Debt service 100,190 100,190 100,139 51
Transfers out 272,845 272,845 120,280 152,565
Total expenditures 8,164,792 7,940,850 6,891,485 1,049,365
Net change in fund balances (1,494,165) (1,270,223) 394,121 1,664,344
Fund balances, budget basis - beginning of year 3,885,990 3,662,048 3,826,431 164,383
Fund balances, budget basis - end of year 2,391,825$ 2,391,825$ 4,220,552 1,828,727$
Unrealized gain (loss) on investments (58,415)
Prepaid expenses 290,877
Capital assets (net of accumulated depreciation and amortization) 16,019,584
Deferred charge on refunding 2,879
Deferred outflows of resources - OPEB RHIA 418
Deferred outflows of resources - OPEB 42,524
Deferred outflows of resources - pension 560,471
Accrued interest (456)
Unearned revenues (18,920)
Compensated leave (205,636)
Lease payable (2,683)
Other postemployment benefits - RHIA 19,712
Other postemployment benefits (236,459)
Net pension liability (1,383,163)
Bonds (net of unamortized premiums/discounts) (283,855)
Deferred inflows of resources - OPEB RHIA (2,228)
Deferred inflows of resources - OPEB (170,467)
Deferred inflows of resources - pension (118,609)
Net position, GAAP basis - end of year 18,676,126$
Fair and Expo Center
Budgeted Amounts
-160-
Deschutes County, Oregon
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 528,500$ 528,500$ 526,442$ (2,058)$
Investment earnings 2,300 2,300 8,447 6,147
Transfers in 180,000 180,000 180,000 -
Total revenues 710,800 710,800 714,889 4,089
EXPENDITURES
Current:
County services 394,501 394,501 294,603 99,898
Not allocated to organizational units:
Contingency 135,220 135,220 - 135,220
Debt service 222,630 222,630 222,596 34
Transfers out 51,564 51,564 51,564 -
Total expenditures 803,915 803,915 568,763 235,152
Net change in fund balances (93,115) (93,115) 146,126 239,241
Fund balances, budget basis - beginning of year 93,115 93,115 166,642 73,527
Fund balances, budget basis - end of year -$ -$ 312,768 312,768$
Unrealized gain (loss) on investments (3,986)
Capital assets (net of accumulated depreciation and amortization)1,722,368
Deferred outflows of resources - OPEB RHIA 27
Deferred outflows of resources - OPEB 2,722
Deferred outflows of resources - pension 35,879
Accrued interest (560)
Accrued compensated leave (6,784)
Other postemployment benefits - RHIA 1,262
Other postemployment benefits (15,140)
Net pension liability (88,564)
Bonds (net of unamortized premiums/discounts) (327,447)
Deferred inflows of resources - OPEB RHIA (143)
Deferred inflows of resources - OPEB (10,915)
Deferred inflows of resources - pension (7,594)
RV Park Reserve 1,502,753
Net position, GAAP basis - end of year 3,116,646$
RV Park
Budgeted Amounts
-161-
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Investment earnings 34,300$ 34,300$ 45,518$ 11,218$
Transfers in 51,564 51,564 51,564 -
Total revenues 85,864 85,864 97,082 11,218
EXPENDITURES
Current:
County services 174,000 174,000 45,252 128,748
Total expenditures 174,000 174,000 45,252 128,748
Net change in fund balances (88,136) (88,136) 51,830 139,966
Fund balances, budget basis - beginning of year 1,372,453 1,372,453 1,469,559 97,106
Fund balances, budget basis - end of year 1,284,317$ 1,284,317$ 1,521,389 237,072$
Unrealized gain (loss) on investments (18,636)
Net position, GAAP basis - end of year 1,502,753$
Deschutes County, Oregon
Schedule of Revenues, Expenditures and Changes In Fund Balances - Budget and Actual
RV Park Reserve (Sub-Fund of RV Park)
For the Fiscal Year Ended June 30, 2024
Budgeted Amounts
-162-
-163-
Combining and Individual Funds Statements
and Schedules – Nonmajor Governmental Funds
and Sub-Funds
For the Fiscal Year Ended June 30, 2024
Deschutes County, Oregon
-164-
Deschutes County, Oregon
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2024
Total
Special Debt Nonmajor
Revenue Service Governmental
Funds Fund Funds
ASSETS
Cash and cash equivalents 7,284,291$ -$ 7,284,291$
Investments, at fair value; plus accrued interest 47,107,041 - 47,107,041
Taxes receivable 1,758,894 - 1,758,894
Accounts receivable 1,519,123 - 1,519,123
Lease receivable - 854,954 854,954
Notes and contracts receivable 20,296 - 20,296
Total assets 57,689,645$ 854,954$ 58,544,599$
LIABILITIES
Accounts payable and other current liabilities 1,886,133$ -$ 1,886,133$
Payroll liabilities 610,247 - 610,247
Unearned revenues 1,897,640 - 1,897,640
Total liabilities 4,394,020 - 4,394,020
DEFERRED INFLOWS OF RESOURCES
Unavailable revenue - property taxes 185,474 - 185,474
Unavailable revenue - services performed 571,746 - 571,746
Unavailable revenue - leases - 818,803 818,803
Total deferred inflows of resources 757,220 818,803 1,576,023
FUND BALANCES
Restricted 47,293,991 - 47,293,991
Committed 5,244,626 36,151 5,280,777
Unassigned (212) - (212)
Total fund balances 52,538,405 36,151 52,574,556
Total liabilities, deferred inflows of resources
and fund balances 57,689,645$ 854,954$ 58,544,599$
-165-
Total
Special Capital Debt Nonmajor
Revenue Projects Service Governmental
Funds Fund Fund Funds
REVENUES
Taxes - property 11,825,960$ -$ 11,825,960$
Taxes - other 12,438,741 - 12,438,741
Licenses and permits 1,788,345 - 1,788,345
Fines, forfeitures and penalties 609,362 - 609,362
Investment earnings (losses) 2,887,913 47,703 2,935,616
Rents - 1,191,728 1,191,728
Charges for services 9,955,875 1,556,249 11,512,124
Contributions and donations 6,506 - 6,506
Other 50,789 - 50,789
Intergovernmental 19,863,494 177,130 20,040,624
Total revenues 59,426,985 2,972,810 62,399,795
EXPENDITURES
Current:
General government 20,828,819 - 20,828,819
Public safety 20,786,848 - 20,786,848
County roads 7,908,046 - 7,908,046
Debt service:
Principal 376,311 3,410,890 3,787,201
Interest - 1,440,854 1,440,854
Trustee fees - 900 900
Bond issuance costs - 165,170 165,170
Capital outlay 2,059,073 - 2,059,073
Total expenditures 51,959,097 5,017,814 56,976,911
Excess (deficiency) of revenues
over expenditures 7,467,888 (2,045,004) 5,422,884
OTHER FINANCING SOURCES (USES)
Issuance of long-term debt - leases 468,633 - 468,633
Issuance of long-term debt - subscriptions 137,604 - 137,604
Payment to refunded bond escrow agent - (5,919,918) (5,919,918)
Bonds issued - 129,517 129,517
Bonds premium - 568,170 568,170
Refunding bonds issued - 5,395,000 5,395,000
Transfers in 6,807,829 1,739,325 8,547,154
Transfers out (14,957,932) (280,005) (15,237,937)
Total other financing sources (uses) (7,543,866) 1,632,089 (5,911,777)
Net change in fund balances (75,978) (412,915) (488,893)
Fund balances - beginning of year
As previously reported 52,614,383 5,866,734 449,066 58,930,183
Change from nonmajor to major fund - (5,866,734) - (5,866,734)
Fund balances - beginning of year 52,614,383 - 449,066 53,063,449
Fund balances - end of year 52,538,405$ -$ 36,151$ 52,574,556$
Nonmajor Governmental Funds
Combining Statement of Revenues, Expenditures and Changes in Fund Balances
For the Fiscal Year Ended June 30, 2024
Deschutes County, Oregon
-166-
Deschutes County, Oregon
Combining Balance Sheet
Nonmajor Special Revenue Funds
June 30, 2024
Park Park
Justice Acquisition and Development County Special Taylor
Court Development Fees School Transportation Grazing
ASSETS
Cash and cash equivalents 3,089$ 128,669$ 12,891$ 75$ 932,192$ 5,539$
Investments, at fair value; plus accrued interest 14,802 832,208 83,373 484 6,029,251 35,823
Taxes receivable - - - - - -
Accounts receivable 74,950 - - 12,643 -
Notes and contracts receivable - - - - - -
Total assets 17,891$ 1,035,827$ 96,264$ 559$ 6,974,086$ 41,362$
LIABILITIES
Accounts payable and other current liabilities 2,578$ 201$ -$ -$ 1,128,910$ -$
Payroll liabilities 15,525 - - - - -
Unearned revenues - - - - - -
Total liabilities 18,103 201 - - 1,128,910 -
DEFERRED INFLOWS OF RESOURCES
Unavailable revenue - property taxes - - - - - -
Unavailable revenue - services performed - - - - - -
Total deferred inflows of resources - - - - - -
FUND BALANCES
Restricted - 1,035,626 96,264 559 5,845,176 41,362
Committed - - - - - -
Unassigned (212) - - - - -
Total fund balances (212) 1,035,626 96,264 559 5,845,176 41,362
Total liabilities, deferred inflow of resources
and fund balances 17,891$ 1,035,827$ 96,264$ 559$ 6,974,086$ 41,362$
-167-
County
Transient Video Transient Foreclosed Victims'Law Clerk
Room Tax Lottery Room Tax-1%Land Sales Assistance Library Records
451,121$ 130,951$ 621$ 19,594$ 33,269$ 17,959$ 41,762$
2,917,771 846,965 4,014 126,734 215,180 116,159 270,110
1,353,799 - 193,400 - - - -
14,867 322,625 - - 299,339 - -
- - - - - - -
4,737,558$ 1,300,541$ 198,035$ 146,328$ 547,788$ 134,118$ 311,872$
240,182$ 144,450$ 3,946$ -$ 4,915$ -$ 30$
5,195 - 746 - 31,705 - -
16,349 - - - 93,722 - -
261,726 144,450 4,692 - 130,342 - 30
- - - - - - -
28,992 - - - 244,126 - -
28,992 - - - 244,126 - -
4,446,840 1,156,091 193,343 146,328 173,320 134,118 311,842
- - - - - - -
- - - - - - -
4,446,840 1,156,091 193,343 146,328 173,320 134,118 311,842
4,737,558$ 1,300,541$ 198,035$ 146,328$ 547,788$ 134,118$ 311,872$
-168-
Deschutes County, Oregon
Combining Balance Sheet (Continued)
Nonmajor Special Revenue Funds
June 30, 2024
Deschutes County CDD
Court Communication Community Groundwater Newberry GIS
Facilities System Reserve Development Partnership Neighborhood Dedicated
ASSETS
Cash and cash equivalents 71$ 50,906$ 1,557,360$ 4,213$ 25,127$ 47,279$
Investments, at fair value; plus accrued interest 461 329,255 10,071,446 27,245 162,519 305,786
Taxes receivable - - - - - -
Accounts receivable - - 150 - - 2,443
Notes and contracts receivable - - - - - -
Total assets 532$ 380,161$ 11,628,956$ 31,458$ 187,646$ 355,508$
LIABILITIES
Accounts payable and other current liabilities -$ -$ 102,370$ 7,500$ -$ -$
Payroll liabilities - - 178,342 - - 7,907
Unearned revenues - - 39,171 - - -
Total liabilities - - 319,883 7,500 - 7,907
DEFERRED INFLOWS OF RESOURCES
Unavailable revenue - property taxes - - - - - -
Unavailable revenue - services performed - - - - - -
Total deferred inflows of resources - - - - - -
FUND BALANCES
Restricted 532 - 11,309,073 23,958 187,646 347,601
Committed - 380,161 - - - -
Unassigned - - - - - -
Total fund balances 532 380,161 11,309,073 23,958 187,646 347,601
Total liabilities, deferred inflow of resources
and fund balances 532$ 380,161$ 11,628,956$ 31,458$ 187,646$ 355,508$
-169-
Countywide
Natural Federal Public Land Transportation
Resource Forest Title Corner SDC Improvement Adult Parole
Protection III Surveyor Preservation Fee Dog Control and Probation
315,265$ 8,654$ 31,662$ 161,608$ 279,478$ 21,411$ 346,562$
2,039,078 55,975 204,782 1,045,255 1,807,613 138,481 2,241,501
- - - - - - -
287,152 - 3,984 - 1,302 - 4,109
- - - - 20,296 - -
2,641,495$ 64,629$ 240,428$ 1,206,863$ 2,108,689$ 159,892$ 2,592,172$
88,578$ -$ -$ -$ -$ 43,035$ 72,183$
7,620 - - - - 1,765 131,631
811,398 54,758 50,262 - 21,598 - 93,629
907,596 54,758 50,262 - 21,598 44,800 297,443
- - - - - - -
277,031 - - - 21,597 - -
277,031 - - - 21,597 - -
1,456,868 9,871 190,166 1,206,863 2,065,494 - 2,294,729
- - - - - 115,092 -
- - - - - - -
1,456,868 9,871 190,166 1,206,863 2,065,494 115,092 2,294,729
2,641,495$ 64,629$ 240,428$ 1,206,863$ 2,108,689$ 159,892$ 2,592,172$
-170-
Deschutes County, Oregon
Combining Balance Sheet (Continued)
Nonmajor Special Revenue Funds
June 30, 2024
Deschutes
Statewide Joint County Extension Total Nonmajor
Transportation PERS Houselessness 9-1-1 and 4-H Special
Improvement Reserve Task Force Service District Service District Revenue Funds
ASSETS
Cash and cash equivalents -$ 635,978$ 97,132$ 1,868,008$ 55,845$ 7,284,291$
Investments, at fair value; plus accrued interest - 4,113,395 628,230 12,081,946 361,199 47,107,041
Taxes receivable - - - 199,256 12,439 1,758,894
Accounts receivable - - 9,075 486,484 - 1,519,123
Notes and contracts receivable - - - - - 20,296
Total assets -$ 4,749,373$ 734,437$ 14,635,694$ 429,483$ 57,689,645$
LIABILITIES
Accounts payable and other current liabilities -$ -$ -$ 22,825$ 24,430$ 1,886,133$
Payroll liabilities - - - 229,811 - 610,247
Unearned revenues - - 706,753 10,000 - 1,897,640
Total liabilities - - 706,753 262,636 24,430 4,394,020
DEFERRED INFLOWS OF RESOURCES
Unavailable revenue - property taxes - - - 174,588 10,886 185,474
Unavailable revenue - services performed - - - - - 571,746
Total deferred inflows of resources - - - 174,588 10,886 757,220
FUND BALANCES
Restricted - - 27,684 14,198,470 394,167 47,293,991
Committed - 4,749,373 - - - 5,244,626
Unassigned - - - - - (212)
Total fund balances - 4,749,373 27,684 14,198,470 394,167 52,538,405
Total liabilities, deferred inflow of resources
and fund balances -$ 4,749,373$ 734,437$ 14,635,694$ 429,483$ 57,689,645$
-171-
-172-
Deschutes County, Oregon
Combining Statement of Revenues, Expenditures, and Changes in Fund Balances
Nonmajor Special Revenue Funds
For the Fiscal Year Ended June 30, 2024
Park Park
Justice Acquisition and Development County
Court Development Fees School
REVENUES
Taxes - property -$ -$ -$ -$
Taxes - other - - - -
Licenses and permits - - 19,250 -
Fines, forfeitures and penalties 528,051 - - -
Investment earnings 2,260 45,367 3,724 1,069
Charges for services - - - -
Contributions and donations - - - -
Payments on contracts of sale - - - -
Other - - - -
Intergovernmental - 333,601 - 594,039
Total revenues 530,311 378,968 22,974 595,108
EXPENDITURES
Current:
General government - 88,448 430 595,098
Public safety 783,158 - - -
County roads - - - -
Debt service:
Principal 33,553 - - -
Capital outlay 1,749 - - -
Total expenditures 818,460 88,448 430 595,098
Excess (deficiency) of revenues
over expenditures (288,149) 290,520 22,544 10
OTHER FINANCING SOURCES (USES)
Issuance of long-term debt - leases 1,749 - - -
Issuance of long-term debt - subscriptions - - - -
Transfers in 286,744 - - -
Transfers out - (190,000) - -
Total other financing sources (uses)288,493 (190,000) - -
Net change in fund balances 344 100,520 22,544 10
Fund balances - beginning of year (556) 935,106 73,720 549
Fund balances - end of year (212)$ 1,035,626$ 96,264$ 559$
-173-
Special Taylor Transient
Transportation Grazing Room Tax Video Lottery
-$ -$ -$ -$
- - 10,891,317 -
- - - -
- - - -
137,831 2,021 217,675 36,273
- - - -
- - - -
- - - -
- - 641 -
7,523,345 - - 1,295,394
7,661,176 2,021 11,109,633 1,331,667
- - 6,788,896 1,089,961
- - - -
6,797,561 - - -
- - - -
- - - -
6,797,561 - 6,788,896 1,089,961
863,615 2,021 4,320,737 241,706
- - - -
- - - -
4,954,918 - - -
- - (5,510,487) (100,000)
4,954,918 - (5,510,487) (100,000)
5,818,533 2,021 (1,189,750) 141,706
26,643 39,341 5,636,590 1,014,385
5,845,176$ 41,362$ 4,446,840$ 1,156,091$
-174-
Deschutes County, Oregon
Combining Statement of Revenues, Expenditures, and Changes in Fund Balances (Continued)
Nonmajor Special Revenue Funds
For the Fiscal Year Ended June 30, 2024
Transient Foreclosed Victims'
Room Tax-1% Land Sales Assistance Law Library
REVENUES
Taxes - property -$ -$ -$ -$
Taxes - other 1,547,424 - - -
Licenses and permits - - - -
Fines, forfeitures and penalties - - - -
Investment earnings 3,357 7,333 15,161 5,096
Charges for services - 18,857 44,910 -
Contributions and donations - - - -
Payments on contracts of sale - - - -
Other - - - -
Intergovernmental - - 271,879 177,272
Total revenues 1,550,781 26,190 331,950 182,368
EXPENDITURES
Current:
General government 38,347 28,427 - 154,758
Public safety - - 1,226,080 -
County roads - - - -
Debt service:
Principal - - - -
Capital outlay - - - -
Total expenditures 38,347 28,427 1,226,080 154,758
Excess (deficiency) of revenues
over expenditures 1,512,434 (2,237) (894,130) 27,610
OTHER FINANCING SOURCES (USES)
Issuance of long-term debt - leases - - - -
Issuance of long-term debt - subscriptions - - - -
Transfers in - - 709,163 -
Transfers out (1,511,604) - - -
Total other financing sources (uses)(1,511,604) - 709,163 -
Net change in fund balances 830 (2,237) (184,967) 27,610
Fund balances - beginning of year 192,513 148,565 358,287 106,508
Fund balances - end of year 193,343$ 146,328$ 173,320$ 134,118$
-175-
Deschutes
County
County Clerk Court Communication Community
Records Facilities System Reserve Development
-$ -$ -$ -$
- - - -
- - - -
- 65,588 - 11,425
16,007 (61) 12,525 595,030
69,082 - - 8,409,302
- - - -
- - - -
- - - -
- - 100,000 59,983
85,089 65,527 112,525 9,075,740
110,260 - - 8,846,551
- 65,500 - -
- - - -
-
- - - 51,864
- - - 139,202
110,260 65,500 - 9,037,617
(25,171) 27 112,525 38,123
- - - 16,588
- - - 122,614
- - - 48,181
- - - (107,544)
- - - 79,839
(25,171) 27 112,525 117,962
337,013 505 267,636 11,191,111
311,842$ 532$ 380,161$ 11,309,073$
-176-
Deschutes County, Oregon
Combining Statement of Revenues, Expenditures, and Changes in Fund Balances (Continued)
Nonmajor Special Revenue Funds
For the Fiscal Year Ended June 30, 2024
CDD Natural
Groundwater Newberry GIS Resource
Partnership Neighborhood Dedicated Protection
REVENUES
Taxes - property -$ -$ -$ -$
Taxes - other - - - -
Licenses and permits - - - -
Fines, forfeitures and penalties - - - -
Investment earnings 2,398 6,561 23,312 109,367
Charges for services 34,500 - 202,722 105,181
Contributions and donations - - - -
Payments on contracts of sale - 49,240 - -
Other - - - -
Intergovernmental - - 8,099 848,241
Total revenues 36,898 55,801 234,133 1,062,789
EXPENDITURES
Current:
General government 67,500 - 335,207 1,083,518
Public safety - - - -
County roads - - - -
Debt service:
Principal - - -
Capital outlay - - - -
Total expenditures 67,500 - 335,207 1,083,518
Excess (deficiency) of revenues
over expenditures (30,602) 55,801 (101,074) (20,729)
OTHER FINANCING SOURCES (USES)
Issuance of long-term debt - leases - - - -
Issuance of long-term debt - subscriptions - - - -
Transfers in - - - 54,549
Transfers out - - - (7,960)
Total other financing sources (uses)- - - 46,589
Net change in fund balances (30,602) 55,801 (101,074) 25,860
Fund balances - beginning of year 54,560 131,845 448,675 1,431,008
Fund balances - end of year 23,958$ 187,646$ 347,601$ 1,456,868$
-177-
Countywide
Federal Public Land Transportation
Forest Title Corner SDC Improvement
III Surveyor Preservation Fee
-$ -$ -$ -$
- - - -
- 169,929 - 1,309,404
- - - -
6,413 16,994 74,298 192,270
- 47,016 272,755 -
- - - -
- - - -
- - - -
72,554 - - -
78,967 233,939 347,053 1,501,674
76,307 291,553 - -
- - - -
- - 457,501 -
- - - -
- - - -
76,307 291,553 457,501 -
2,660 (57,614) (110,448) 1,501,674
- - - -
- - - -
- - - -
- - - (2,500,000)
- - - (2,500,000)
2,660 (57,614) (110,448) (998,326)
7,211 247,780 1,317,311 3,063,820
9,871$ 190,166$ 1,206,863$ 2,065,494$
-178-
Deschutes County, Oregon
Combining Statement of Revenues, Expenditures, and Changes in Fund Balances (Continued)
Nonmajor Special Revenue Funds
For the Fiscal Year Ended June 30, 2024
Statewide
Adult Parole Transportation PERS
Dog Control and Probation Improvement Reserve
REVENUES
Taxes - property -$ -$ -$ -$
Taxes - other - - - -
Licenses and permits 289,762 - - -
Fines, forfeitures and penalties 4,040 258 - -
Investment earnings 4,710 156,858 186,430 232,707
Charges for services - 101,061 - -
Contributions and donations 6,506 - - -
Payments on contracts of sale - - - -
Other - - - -
Intergovernmental - 5,629,286 - -
Total revenues 305,018 5,887,463 186,430 232,707
EXPENDITURES
Current:
General government 398,215 - - 10,743
Public safety - 7,020,950 - -
County roads - - - -
Debt service:
Principal - 7,299 - -
Capital outlay - 20,176 - -
Total expenditures 398,215 7,048,425 - 10,743
Excess (deficiency) of revenues
over expenditures (93,197) (1,160,962) 186,430 221,964
OTHER FINANCING SOURCES (USES)
Issuance of long-term debt - leases - 20,176 - -
Issuance of long-term debt - subscriptions - - - -
Transfers in 152,905 601,369 - -
Transfers out - (75,419) (4,954,918) -
Total other financing sources (uses)152,905 546,126 (4,954,918) -
Net change in fund balances 59,708 (614,836) (4,768,488) 221,964
Fund balances - beginning of year 55,384 2,909,565 4,768,488 4,527,409
Fund balances - end of year 115,092$ 2,294,729$ -$ 4,749,373$
-179-
Deschutes Deschutes
Joint County Extension County Total Nonmajor
Houselessness 9-1-1 and 4-H Road Special
Task Force Service District Service District Agency Revenue Funds
-$ 11,132,378$ 693,582$ -$ 11,825,960$
- - - - 12,438,741
- - - - 1,788,345
- - - - 609,362
40,131 708,642 26,154 - 2,887,913
37,772 612,717 - - 9,955,875
- - - - 6,506
- - - - 49,240
- 908 - - 1,549
100,542 2,196,275 - 652,984 19,863,494
178,445 14,650,920 719,736 652,984 59,426,985
138,313 - 686,287 - 20,828,819
- 11,691,160 - - 20,786,848
- - - 652,984 7,908,046
- 283,595 - - 376,311
- 1,897,946 - - 2,059,073
138,313 13,872,701 686,287 652,984 51,959,097
40,132 778,219 33,449 - 7,467,888
- 430,120 - - 468,633
- 14,990 - - 137,604
- - - - 6,807,829
- - - - (14,957,932)
- 445,110 - - (7,543,866)
40,132 1,223,329 33,449 - (75,978)
(12,448) 12,975,141 360,718 - 52,614,383
27,684$ 14,198,470$ 394,167$ -$ 52,538,405$
-180-
Deschutes County, Oregon
Justice Court
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Fines, forfeitures and penalties 525,000$ 525,000$ 528,051$ 3,051$
Investment earnings 540 540 1,917 1,377
Transfers in 364,688 364,688 286,744 (77,944)
Total revenues 890,228 890,228 816,712 (73,516)
EXPENDITURES
Current:
Public safety 822,370 828,370 816,712 11,658
Not allocated to organizational units:
Contingency 67,858 61,858 - 61,858
Total expenditures 890,228 890,228 816,712 73,516
Net change in fund balances - - - -
Fund balances, budget basis - beginning of year - - - -
Fund balances, budget basis - end of year -$ -$ - -$
Unrealized gain (loss) on investments (212)
Fund balances, GAAP basis - end of year (212)$
Budgeted Amounts
-181-
Deschutes County, Oregon
Park Acquisition and Development
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Intergovernmental 348,000$ 348,000$ 333,601$ (14,399)$
Investment earnings 20,000 20,000 27,365 7,365
Total revenues 368,000 368,000 360,966 (7,034)
EXPENDITURES
Current:
General government 412,500 412,500 88,448 324,052
Not allocated to organizational units:
Contingency 568,270 568,270 - 568,270
Transfers out 190,000 190,000 190,000 -
Total expenditures 1,170,770 1,170,770 278,448 892,322
Net change in fund balances (802,770) (802,770) 82,518 885,288
Fund balances, budget basis - beginning of year 802,770 802,770 965,024 162,254
Fund balances, budget basis - end of year -$ -$ 1,047,542 1,047,542$
Unrealized gain (loss) on investments (11,916)
Fund balances, GAAP basis - end of year 1,035,626$
Budgeted Amounts
-182-
Deschutes County, Oregon
Park Development Fees
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Investment earnings 1,900$ 1,900$ 2,504$ 604$
Licenses and permits 10,000 10,000 19,250 9,250
Total revenues 11,900 11,900 21,754 9,854
EXPENDITURES
Current:
General government 87,581 87,581 430 87,151
Total expenditures 87,581 87,581 430 87,151
Net change in fund balances (75,681) (75,681) 21,324 97,005
Fund balances, budget basis - beginning of year 75,681 75,681 76,134 453
Fund balances, budget basis - end of year -$ -$ 97,458 97,458$
Unrealized gain (loss) on investments (1,194)
Fund balances, GAAP basis - end of year 96,264$
Budgeted Amounts
-183-
Deschutes County, Oregon
County School
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Intergovernmental 678,000$ 678,000$ 594,039$ (83,961)$
Investment earnings 1,000 1,000 1,058 58
Total revenues 679,000 679,000 595,097 (83,903)
EXPENDITURES
Current:
General government 679,000 679,000 595,098 83,902
Total expenditures 679,000 679,000 595,098 83,902
Net change in fund balances - - (1) (1)
Fund balances, budget basis - beginning of year - - 567 567
Fund balances, budget basis - end of year -$ -$ 566 566$
Unrealized gain (loss) on investments (7)
Fund balances, GAAP basis - end of year 559$
Budgeted Amounts
-184-
Deschutes County, Oregon
Special Transportation
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Intergovernmental 5,954,768$ 5,954,768$ 7,523,345$ 1,568,577$
Investment earnings 166,528 166,528 219,637 53,109
Transfers in 6,038,916 6,038,916 4,954,918 (1,083,998)
Total revenues 12,160,212 12,160,212 12,697,900 537,688
EXPENDITURES
Current:
County roads 12,175,767 12,175,767 6,797,561 5,378,206
Total expenditures 12,175,767 12,175,767 6,797,561 5,378,206
Net change in fund balances (15,555) (15,555) 5,900,339 5,915,894
Fund balances, budget basis - beginning of year 15,555 15,555 31,168 15,613
Fund balances, budget basis - end of year -$ -$ 5,931,507 5,931,507$
Unrealized gain (loss) on investments (86,331)
Fund balances, GAAP basis - end of year 5,845,176$
Budgeted Amounts
-185-
Deschutes County, Oregon
Taylor Grazing
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Intergovernmental 6,000$ 6,000$ -$ (6,000)$
Investment earnings 266 266 1,246 980
Total revenues 6,266 6,266 1,246 (5,020)
EXPENDITURES
Current:
General government 8,060 8,060 - 8,060
Not allocated to organizational units:
Transfers out 30,000 30,000 - 30,000
Total expenditures 38,060 38,060 - 38,060
Net change in fund balances (31,794) (31,794) 1,246 33,040
Fund balances, budget basis - beginning of year 31,794 31,794 40,629 8,835
Fund balances, budget basis - end of year -$ -$ 41,875 41,875$
Unrealized gain (loss) on investments (513)
Fund balances, GAAP basis - end of year 41,362$
Budgeted Amounts
-186-
Deschutes County, Oregon
Transient Room Tax
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Investment earnings 118,830$ 118,830$ 109,287$ (9,543)$
Other - - 641 641
Taxes - other 11,051,250 11,051,250 10,825,906 (225,344)
Total revenues 11,170,080 11,170,080 10,935,834 (234,246)
EXPENDITURES
Current:
General government 6,860,911 6,860,911 6,788,896 72,015
Not allocated to organizational units:
Transfers out 7,034,856 7,034,856 5,510,487 1,524,369
Total expenditures 13,895,767 13,895,767 12,299,383 1,596,384
Net change in fund balances (2,725,687) (2,725,687) (1,363,549) 1,362,138
Fund balances, budget basis - beginning of year 4,725,187 4,527,362 4,527,361 (1)
Fund balances, budget basis - end of year 1,999,500$ 1,801,675$ 3,163,812 1,362,137$
Unavailable revenue - services provided (28,992)
Unrealized gain (loss) on investments (41,779)
Accrued taxes 1,353,799
Fund balances, GAAP basis - end of year 4,446,840$
Budgeted Amounts
-187-
Deschutes County, Oregon
Video Lottery
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Intergovernmental 1,176,015$ 1,176,015$ 1,295,394$ 119,379$
Investment earnings 24,700 24,700 21,974 (2,726)
Total revenues 1,200,715 1,200,715 1,317,368 116,653
EXPENDITURES
Current:
General government 1,133,751 1,133,751 1,089,961 43,790
Not allocated to organizational units:
Contingency 1,014,424 1,007,775 - 1,007,775
Transfers out 100,000 100,000 100,000 -
Total expenditures 2,248,175 2,241,526 1,189,961 1,051,565
Net change in fund balances (1,047,460) (1,040,811) 127,407 1,168,218
Fund balances, budget basis - beginning of year 1,047,460 1,040,811 1,040,811 -
Fund balances, budget basis - end of year -$ -$ 1,168,218 1,168,218$
Unrealized gain (loss) on investments (12,127)
Fund balances, GAAP basis - end of year 1,156,091$
Budgeted Amounts
-188-
Deschutes County, Oregon
Transient Room Tax - 1%
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Investment earnings 2,960$ 2,960$ 3,391$ 431$
Taxes - other 1,578,750 1,578,750 1,546,560 (32,190)
Total revenues 1,581,710 1,581,710 1,549,951 (31,759)
EXPENDITURES
Current:
General government 41,312 41,312 38,347 2,965
Not allocated to organizational units:
Transfers out 1,540,398 1,540,398 1,511,604 28,794
Total expenditures 1,581,710 1,581,710 1,549,951 31,759
Net change in fund balances - - - -
Fund balances, budget basis - beginning of year - - - -
Fund balances, budget basis - end of year -$ -$ - -$
Unrealized gain (loss) on investments (57)
Accrued taxes 193,400
Fund balances, GAAP basis - end of year 193,343$
Budgeted Amounts
-189-
Deschutes County, Oregon
Foreclosed Land Sales
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 140,712$ 140,712$ 18,857$ (121,855)$
Investment earnings 3,928 3,928 4,246 318
Total revenues 144,640 144,640 23,103 (121,537)
Expenditures
Current:
General government 140,712 140,712 28,427 112,285
Not allocated to organizational units:
Contingency 161,051 157,394 - 157,394
Total expenditures 301,763 298,106 28,427 269,679
Net change in fund balances (157,123) (153,466) (5,324) 148,142
Fund balances, budget basis - beginning of year 157,123 153,466 153,467 1
Fund balances, budget basis - end of year -$ -$ 148,143 148,143$
Unrealized gain (loss) on investments (1,815)
Fund balances, GAAP basis - end of year 146,328$
Budgeted Amounts
-190-
Deschutes County, Oregon
Victims' Assistance
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services -$ -$ 44,910$ 44,910$
Intergovernmental 598,958 598,958 516,005 (82,953)
Investment earnings 5,130 5,130 11,628 6,498
Transfers in 709,163 709,163 709,163 -
Total revenues 1,313,251 1,313,251 1,281,706 (31,545)
EXPENDITURES
Current:
Public safety 1,405,484 1,405,484 1,226,080 179,404
Not allocated to organizational units:
Contingency 112,967 112,967 - 112,967
Total expenditures 1,518,451 1,518,451 1,226,080 292,371
Net change in fund balances (205,200) (205,200) 55,626 260,826
Fund balances, budget basis - beginning of year 205,200 205,200 364,901 159,701
Fund balances, budget basis - end of year -$ -$ 420,527 420,527$
Unavailable revenue - services provided (244,126)$
Unrealized gain (loss) on investments (3,081)
Fund balances, GAAP basis - end of year 173,320$
Budgeted Amounts
-191-
Deschutes County, Oregon
Law Library
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Intergovernmental 121,792$ 121,792$ 177,272$ 55,480$
Investment earnings 3,500 3,500 3,271 (229)
Total revenues 125,292 125,292 180,543 55,251
EXPENDITURES
Current:
General government 229,758 229,758 154,758 75,000
Not allocated to organizational units:
Contingency 33,401 5,530 - 5,530
Total expenditures 263,159 235,288 154,758 80,530
Net change in fund balances (137,867) (109,996) 25,785 135,781
Fund balances, budget basis - beginning of year 137,867 109,996 109,996 -
Fund balances, budget basis - end of year -$ -$ 135,781 135,781$
Unrealized gain (loss) on investments (1,663)
Fund balances, GAAP basis - end of year 134,118$
Budgeted Amounts
-192-
Deschutes County, Oregon
County Clerk Records
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 76,125$ 76,125$ 69,082$ (7,043)$
Investment earnings 8,500 8,500 8,836 336
Total revenues 84,625 84,625 77,918 (6,707)
EXPENDITURES
Current:
General government 133,039 133,039 110,260 22,779
Not allocated to organizational units:
Contingency 292,486 292,486 - 292,486
Total expenditures 425,525 425,525 110,260 315,265
Net change in fund balances (340,900) (340,900) (32,342) 308,558
Fund balances, budget basis - beginning of year 340,900 340,900 348,052 7,152
Fund balances, budget basis - end of year -$ -$ 315,710$ 315,710$
Unrealized gain (loss) on investments (3,868)
Fund balances, GAAP basis - end of year 311,842$
Budgeted Amounts
-193-
Deschutes County, Oregon
Court Facilities
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Fines, forfeitures and penalties 65,400$ 65,400$ 65,588$ 188$
Investment earnings (loss) 100 100 (70) (170)
Total revenues 65,500 65,500 65,518 18
EXPENDITURES
Current:
Public safety 65,500 65,500 65,500 -
Total expenditures 65,500 65,500 65,500 -
Net change in fund balances - - 18 18
Fund balances, budget basis - beginning of year - - 521 521
Fund balances, budget basis - end of year -$ -$ 539 539$
Unrealized gain (loss) on investments (7)
Fund balances, GAAP basis - end of year 532$
Budgeted Amounts
-194-
Deschutes County, Oregon
Deschutes County Communication System Reserve
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Intergovernmental 50,000$ 50,000$ 100,000$ 50,000$
Investment earnings 6,800 6,800 8,475 1,675
Total revenues 56,800 56,800 108,475 51,675
EXPENDITURES
Current:
Public safety - - - -
Total expenditures - - - -
Net change in fund balances 56,800 56,800 108,475 51,675
Fund balances, budget basis - beginning of year 326,000 276,400 276,400 -
Fund balances, budget basis - end of year 382,800$ 333,200$ 384,875 51,675$
Unrealized gain (loss) on investments (4,714)
Total fund balance, GAAP basis - End of Year 380,161$
Budgeted Amounts
-195-
Deschutes County, Oregon
Community Development
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 10,354,880$ 10,354,880$ 8,409,302$ (1,945,578)$
Fines, forfeitures and penalties 5,000 5,000 11,425 6,425
Intergovernmental 64,960 64,960 59,983 (4,977)
Investment earnings 292,675 292,675 357,860 65,185
Transfers in 819,578 819,578 379,351 (440,227)
Total revenues 11,537,093 11,537,093 9,217,921 (2,319,172)
EXPENDITURES
Current:
General government 10,876,924 10,269,561 8,898,415 1,371,146
Not allocated to organizational units:
Contingency 1,368,367 1,975,730 - 1,975,730
Transfers out 977,122 977,122 438,714 538,408
Total expenditures 13,222,413 13,222,413 9,337,129 3,885,284
Net change in fund balances (1,685,320) (1,685,320) (119,208) 1,566,112
Fund balances, budget basis - beginning of year 11,590,429 11,562,306 11,572,491 10,185
Fund balances, budget basis - end of year 9,905,109$ 9,876,986$ 11,453,283 1,576,297$
Unrealized gain (loss) on investments (144,210)
Fund balances, GAAP basis - end of year 11,309,073$
Budgeted Amounts
-196-
Deschutes County, Oregon
CDD Groundwater Partnership
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 4,500$ 31,500$ 34,500$ 3,000$
Investment earnings 1,600 1,600 1,001 (599)
Total revenues 6,100 33,100 35,501 2,401
EXPENDITURES
Current:
General government 69,978 89,447 67,500 21,947
Total expenditures 69,978 89,447 67,500 21,947
Net change in fund balances (63,878) (56,347) (31,999) 24,348
Fund balances, budget basis - beginning of year 63,878 56,347 56,347 -
Fund balances, budget basis - end of year -$ -$ 24,348 24,348$
Unrealized gain (loss) on investments (390)
Fund balances, GAAP basis - end of year 23,958$
Budgeted Amounts
-197-
Deschutes County, Oregon
Newberry Neighborhood
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Investment earnings 3,400$ 3,400$ 4,571$ 1,171$
Payments on contracts of sale - - 49,240 49,240
Total revenues 3,400 3,400 53,811 50,411
Expenditures
Current:
General government 139,425 139,425 - 139,425
Total expenditures 139,425 139,425 - 139,425
Net change in fund balances (136,025) (136,025) 53,811 189,836
Fund balances, budget basis - beginning of year 136,025 136,025 136,162 137
Fund balances, budget basis - end of year -$ -$ 189,973 189,973$
Unrealized gain (loss) on investments (2,327)
Fund balances, GAAP basis - end of year 187,646$
Budgeted Amounts
-198-
Deschutes County, Oregon
GIS Dedicated
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 183,000$ 183,000$ 202,722$ 19,722$
Intergovernmental 7,650 7,650 8,099 449
Investment earnings 11,000 11,000 12,821 1,821
Total revenues 201,650 201,650 223,642 21,992
EXPENDITURES
Current:
General government 365,108 371,108 335,207 35,901
Not allocated to organizational units:
Contingency 279,768 273,768 - 273,768
Total expenditures 644,876 644,876 335,207 309,669
Net change in fund balances (443,226) (443,226) (111,565) 331,661
Fund balances, budget basis - beginning of year 443,226 443,226 463,544 20,318
Fund balances, budget basis - end of year -$ -$ 351,979 351,979$
Unrealized gain (loss) on investments (4,378)
Fund balances, GAAP basis - end of year 347,601$
Budgeted Amounts
-199-
Deschutes County, Oregon
Natural Resource Protection
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 105,000$ 105,000$ 105,181$ 181$
Intergovernmental 1,031,026 1,160,026 1,125,272 (34,754)
Investment earnings 35,208 35,208 64,200 28,992
Transfers in 65,000 98,750 54,549 (44,201)
Total revenues 1,236,234 1,398,984 1,349,202 (49,782)
EXPENDITURES
Current:
General government 1,191,257 1,528,942 1,083,518 445,424
Not allocated to organizational units:
Contingency 1,445,324 1,445,324 - 1,445,324
Transfers out 7,960 7,960 7,960 -
Total expenditures 2,644,541 2,982,226 1,091,478 1,890,748
Net change in fund balances (1,408,307) (1,583,242) 257,724 1,840,966
Fund balances, budget basis - beginning of year 1,408,307 1,583,242 1,505,372 (77,870)
Fund balances, budget basis - end of year -$ -$ 1,763,096 1,763,096$
Unavailable revenue - services provided (277,031)
Unrealized gain (loss) on investments (29,197)
Fund balances, GAAP basis - end of year 1,456,868$
Budgeted Amounts
-200-
Deschutes County, Oregon
Federal Forest Title III
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Intergovernmental 90,000$ 90,000$ 72,554$ (17,446)$
Investment earnings 2,020 2,020 3,753 1,733
Total revenues 92,020 92,020 76,307 (15,713)
EXPENDITURES
Current:
General government 120,000 120,000 120,000 -
Not allocated to organizational units:
Contingency 52,986 52,986 - 52,986
Total expenditures 172,986 172,986 120,000 52,986
Net change in fund balances (80,966) (80,966) (43,693) 37,273
Fund balances, budget basis - beginning of year 80,966 80,966 109,123 28,157
Fund balances, budget basis - end of year -$ -$ 65,430 65,430$
Advanced payments (54,758)
Unrealized gain (loss) on investments (801)
Fund balances, GAAP basis - end of year 9,871$
Budgeted Amounts
-201-
Deschutes County, Oregon
Surveyor
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 43,814$ 43,814$ 47,016$ 3,202$
Investment earnings 7,300 7,300 11,813 4,513
Licenses and permits 135,009 135,009 169,929 34,920
Total revenues 186,123 186,123 228,758 42,635
EXPENDITURES
Current:
General government 291,774 291,774 291,553 221
Not allocated to organizational units:
Contingency 186,261 150,242 - 150,242
Total expenditures 478,035 442,016 291,553 150,463
Net change in fund balances (291,912) (255,893) (62,795) 193,098
Fund balances, budget basis - beginning of year 291,912 255,893 255,893 -
Fund balances, budget basis - end of year -$ -$ 193,098 193,098$
Unrealized gain (loss) on investments (2,932)
Fund balances, GAAP basis - end of year 190,166$
Budgeted Amounts
-202-
Deschutes County, Oregon
Public Land Corner Preservation
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 291,535$ 291,535$ 272,756$ (18,779)$
Investment earnings 32,310 32,310 46,130 13,820
Total revenues 323,845 323,845 318,886 (4,959)
EXPENDITURES
Current:
County roads 509,074 509,074 457,500 51,574
Not allocated to organizational units:
Contingency 1,107,250 1,107,250 - 1,107,250
Total expenditures 1,616,324 1,616,324 457,500 1,158,824
Net change in fund balances (1,292,479) (1,292,479) (138,614) 1,153,865
Fund balances, budget basis - beginning of year 1,292,479 1,292,479 1,360,446 67,967
Fund balances, budget basis - end of year -$ -$ 1,221,832 1,221,832$
Unrealized gain (loss) on investments (14,967)
Fund balances, GAAP basis - end of year 1,206,863$
Budgeted Amounts
-203-
Deschutes County, Oregon
Countywide Transportation SDC Improvement Fee
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Investment earnings 38,600$ 38,600$ 117,830$ 79,230$
Licenses and permits 1,504,000 1,504,000 1,331,001 (172,999)
Total revenues 1,542,600 1,542,600 1,448,831 (93,769)
EXPENDITURES
Not allocated to organizational units:
Contingency 526,622 526,622 - 526,622
Transfers out 2,500,000 2,500,000 2,500,000 -
Total expenditures 3,026,622 3,026,622 2,500,000 526,622
Net change in fund balances (1,484,022) (1,484,022) (1,051,169) 432,853
Fund balances, budget basis - beginning of year 1,484,022 1,484,022 3,164,143 1,680,121
Fund balances, budget basis - end of year -$ -$ 2,112,974 2,112,974$
Unavailable revenue - services provided (21,597)$
Unrealized gain (loss) on investments (25,883)
Fund balances, GAAP basis - end of year 2,065,494$
Budgeted Amounts
-204-
Deschutes County, Oregon
Dog Control
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Contributions and donations 5,000$ 5,000$ 6,506$ 1,506$
Fines, forfeitures and penalties - - 4,040 4,040
Investment earnings 1,100 1,100 3,730 2,630
Licenses and permits 219,825 219,825 289,762 69,937
Transfers in 147,000 152,905 152,905 -
Total revenues 372,925 378,830 456,943 78,113
EXPENDITURES
Current:
General government 387,311 398,216 398,216 -
Not allocated to organizational units:
Contingency 30,658 25,658 - 25,658
Total expenditures 417,969 423,874 398,216 25,658
Net change in fund balances (45,044) (45,044) 58,727 103,771
Fund balances, budget basis - beginning of year 45,044 45,044 58,348 13,304
Fund balances, budget basis - end of year -$ -$ 117,075 117,075$
Unrealized gain (loss) on investments (1,983)
Fund balances, GAAP basis - end of year 115,092$
Budgeted Amounts
-205-
Deschutes County, Oregon
Adult Parole & Probation
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 100,500$ 100,500$ 101,061$ 561$
Fines, forfeitures and penalties 500 500 258 (242)
Intergovernmental 5,359,376 5,359,376 5,629,286 269,910
Investment earnings 75,230 75,230 87,583 12,353
Transfers in 536,369 586,369 601,369 15,000
Total revenues 6,071,975 6,121,975 6,419,557 297,582
EXPENDITURES
Current:
Public safety 7,526,032 7,576,032 7,028,249 547,783
Not allocated to organizational units:
Contingency 608,116 608,116 - 608,116
Transfers out 75,419 75,419 75,419 -
Total expenditures 8,209,567 8,259,567 7,103,668 1,155,899
Net change in fund balances (2,137,592) (2,137,592) (684,111) 1,453,481
Fund balances, budget basis - beginning of year 3,000,000 3,000,000 3,010,935 10,935
Fund balances, budget basis - end of year 862,408$ 862,408$ 2,326,824 1,464,416$
Unrealized gain (loss) on investments (32,095)
Fund balances, GAAP basis - end of year 2,294,729$
Budgeted Amounts
-206-
Deschutes County, Oregon
Statewide Transportation Improvement
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Investment earnings -$ -$ -$ -$
Total revenues - - - -
EXPENDITURES
Not allocated to organizational units:
Transfers out 6,038,916 6,038,916 4,954,918 1,083,998
Total expenditures 6,038,916 6,038,916 4,954,918 1,083,998
Net change in fund balances (6,038,916) (6,038,916) (4,954,918) 1,083,998
Fund balances, budget basis - beginning of year 6,038,916 6,038,916 4,954,918 (1,083,998)
Fund balances, budget and GAAP basis - end of year -$ -$ -$ -$
Budgeted Amounts
-207-
Deschutes County, Oregon
PERS Reserve
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Investment earnings 115,100$ 115,100$ 143,358$ 28,258$
Total revenues 115,100 115,100 143,358 28,258
EXPENDITURES
Current:
General government 100,900 100,900 10,743 90,157
Total expenditures 100,900 100,900 10,743 90,157
Net change in fund balances 14,200 14,200 132,615 118,415
Fund balances, budget basis - beginning of year 4,679,796 4,675,656 4,675,656 -
Fund balances, budget basis - end of year 4,693,996$ 4,689,856$ 4,808,271 118,415$
Unrealized gain (loss) on investments (58,898)
Fund balances, GAAP basis - end of year 4,749,373$
Budgeted Amounts
-208-
Deschutes County, Oregon
Joint Houselessness Task Force
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services -$ -$ 37,772$ 37,772$
Intergovernmental - - 100,542 100,542
Investment earnings 19,700 19,700 23,341 3,641
Total revenues 19,700 19,700 161,655 141,955
EXPENDITURES
Current:
General government 580,889 580,889 138,313 442,576
Total expenditures 580,889 580,889 138,313 442,576
Net change in fund balances (561,189) (561,189) 23,342 584,531
Fund balances, budget basis - beginning of year 789,400 789,400 13,337 (776,063)
Fund balances, budget basis - end of year 228,211$ 228,211$ 36,679 (191,532)$
Unrealized gain (loss) on investments (8,995)
Fund balances, GAAP basis - end of year 27,684$
Budgeted Amounts
-209-
Deschutes County, Oregon
Deschutes County 9-1-1 Service District
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 592,770$ 592,770$ 612,717$ 19,947$
Intergovernmental 2,106,882 2,106,882 2,196,275 89,393
Investment earnings 312,321 312,321 462,828 150,507
Other 350 350 908 558
Taxes - property 11,022,000 11,022,000 11,132,378 110,378
Transfers in 1,950,000 1,950,000 - (1,950,000)
Total revenues 15,984,323 15,984,323 14,405,106 (1,579,217)
EXPENDITURES
Current:
Public safety 15,113,760 15,113,760 13,427,591 1,686,169
Not allocated to organizational units:
Contingency 4,937,834 4,937,834 - 4,937,834
Transfers out 1,950,000 1,950,000 - 1,950,000
Total expenditures 22,001,594 22,001,594 13,427,591 8,574,003
Net change in fund balances (6,017,271) (6,017,271) 977,515 6,994,786
Fund balances, budget basis - beginning of year 13,202,343 13,202,343 13,393,953 191,610
Fund balances, budget basis - end of year 7,185,072$ 7,185,072$ 14,371,468 7,186,396$
Unrealized gain (loss) on investments (172,998)
Fund balances, GAAP basis - end of year 14,198,470$
Budgeted Amounts
-210-
Deschutes County, Oregon
Extension and 4-H Service District
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Investment earnings 7,298$ 7,298$ 16,032$ 8,734$
Taxes - property 685,000 685,000 693,582 8,582
Total revenues 692,298 692,298 709,614 17,316
EXPENDITURES
Current:
General government 773,123 773,123 626,012 147,111
Not allocated to organizational units:
Contingency 223,829 223,829 - 223,829
Debt service 60,276 60,276 60,275 1
Total expenditures 1,057,228 1,057,228 686,287 370,941
Net change in fund balances (364,930) (364,930) 23,327 388,257
Fund balances, budget basis - beginning of year 364,930 364,930 376,012 11,082
Fund balances, budget basis - end of year -$ -$ 399,339 399,339$
Unrealized gain (loss) on investments (5,172)
Fund balances, GAAP basis - end of year 394,167$
Budgeted Amounts
-211-
Deschutes County, Oregon
Deschutes County Road Agency
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Intergovernmental 792,322$ 792,322$ 652,984$ (139,338)$
Total revenues 792,322 792,322 652,984 (139,338)
EXPENDITURES
Current:
County roads 792,322 792,322 652,984 139,338
Total expenditures 792,322 792,322 652,984 139,338
Net change in fund balances - - - -
Fund balances, budget basis - beginning of year - - - -
Fund balances, budget and GAAP basis - end of year -$ -$ -$ -$
Budgeted Amounts
-212-
Deschutes County, Oregon
Full Faith & Credit Debt Service - Nonmajor Debt Service Fund
Schedule of Revenues, Expenditures And Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Bonds issued -$ -$ 129,517$ 129,517
Bond premium - - 568,170 568,170
Refunding bonds issued - 5,919,919 5,395,000 (524,919)
Charges for services 1,647,230 1,647,230 1,556,249 (90,981)
Intergovernmental 177,130 177,130 177,130 -
Investment earnings 18,600 18,600 22,074 3,474
Rentals 1,292,470 1,292,470 1,210,692 (81,778)
Transfers in 3,248,117 3,244,617 1,739,325 (1,505,292)
Total revenues 6,383,547 12,299,966 10,798,157 (1,501,809)
EXPENDITURES
Current:
General government 3,000 3,000 - 3,000
Not allocated to organizational units:
Debt service 6,307,222 12,223,641 10,937,732 1,285,909
Transfers out -280,005 280,005 -
Total expenditures 6,310,222 12,506,646 11,217,737 1,288,909
Net change in fund balances 73,325 (206,680) (419,580) (212,900)
Fund balances, budget basis - beginning of year 463,849 463,854 419,580 (44,274)
Fund balances, budget basis - end of year 537,174$ 257,174$ - (257,174)$
Lease receivable 854,954
Unavailable lease revenue (818,803)
Fund balances, GAAP basis - end of year 36,151$
Budgeted Amounts
-213-
Combining and Individual Funds Statements
and Schedules – Proprietary Funds –
Internal Service Funds – Fiduciary Funds
For the Fiscal Year Ended June 30, 2024
Deschutes County, Oregon
-214-
Deschutes County, Oregon
Combining Statement of Net Position
Internal Service Funds
June 30, 2024
Board of
Administrative County
Facilities Services Commissioners Finance
ASSETS
Current assets:
Cash and cash equivalents 142,843$ 27,094$ 10,915$ 13,025$
Investments, at fair value, plus accrued interest 923,886 175,244 70,597 84,240
Accounts receivable - - - -
Prepaid expenses 15,688 - - 257,958
Lease receivable, current portion 206,339 - - -
Total current assets 1,288,756 202,338 81,512 355,223
Noncurrent assets:
Lease receivable 112,112 - - -
Net OPEB RHIA asset 31,906 20,396 4,527 20,033
Capital assets:
Land improvements 155,977 - - -
Equipment 116,379 - 21,729 39,350
Lease equipment 5,576 - - 11,107
Vehicles 168,414 - - -
Intangible 12,834 - - 1,283,572
Subscription assets - - - 324,343
Less accumulated depreciation and amortization (390,865) - (19,557) (1,002,800)
Total noncurrent assets 212,333 20,396 6,699 675,605
Total assets 1,501,089 222,734 88,211 1,030,828
DEFERRED OUTFLOWS OF RESOURCES
Pension plan 907,180 579,928 128,721 569,621
OPEB County plan 68,830 44,000 9,767 43,218
OPEB RHIA 676 433 96 425
Total deferred outflows of resources 976,686 624,361 138,584 613,264
TOTAL ASSETS AND DEFERRED OUTFLOWS OF RESOURCES 2,477,775 847,095 226,795 1,644,092
LIABILITIES
Current liabilities:
Accounts payable 80,462 3,010 8,504 3,943
Payroll liabilities 83,666 49,773 14,103 46,483
Current portion of noncurrent liabilities 232,437 239,010 - 191,754
Total current liabilities 396,565 291,793 22,607 242,180
Noncurrent liabilities
Compensated leave 250,988 259,793 - 118,547
Lease payable 1,027 - - 2,045
Net pension liability 2,238,801 1,431,158 317,686 1,405,732
Total OPEB County plan liability 382,735 244,664 54,310 240,317
Subscription liability - - - 164,471
Accrued claims payable - - - -
Less current portion noncurrent liabilities (232,437) (239,010) - (191,754)
Total noncurrent liabilities 2,641,114 1,696,605 371,996 1,739,358
Total liabilities 3,037,679 1,988,398 394,603 1,981,538
DEFERRED INFLOWS OF RESOURCES
Lease resources 304,202 - - -
Pension plan 191,982 122,725 27,242 120,544
OPEB County plan 275,920 176,382 39,153 173,249
OPEB RHIA 3,606 2,305 512 2,264
Total deferred inflows of resources 775,710 301,412 66,907 296,057
TOTAL LIABILITIES AND DEFERRED INFLOWS OF RESOURCES 3,813,389 2,289,810 461,510 2,277,595
NET POSITION
Net investment in capital assets 67,288 - 2,172 489,056
Restricted for:
Net OPEB RHIA asset 31,906 20,396 4,527 20,033
Unrestricted (1,434,808) (1,463,111) (241,414) (1,142,592)
TOTAL NET POSITION (1,335,614)$ (1,442,715)$ (234,715)$ (633,503)$
-215-
Human Information Information Health
Legal Resources Technology Tech Reserve Insurance Benefits Total
11,404$ 26,247$ 32,695$ 120,558$ 1,125,978$ 865,549$ 2,376,308$
73,760 169,756 211,467 779,747 7,282,635 5,598,221 15,369,553
- 60,220 - - 29,937 982,923 1,073,080
- 1,373 48,807 - 178,849 - 502,675
- - - - - - 206,339
85,164 257,596 292,969 900,305 8,617,399 7,446,693 19,527,955
- - - - - - 112,112
18,612 18,032 37,927 - 5,175 - 156,608
- - - - 40,000 - 195,977
- - - 1,330,855 36,300 - 1,544,613
11,262 10,611 7,521 - - 5,430 51,507
- - - 26,791 - - 195,205
- - - 53,692 - - 1,350,098
43,843 - - - - - 368,186
(37,741) (2,653) (783) (866,769) (59,633) (1,357) (2,382,158)
35,976 25,990 44,665 544,569 21,842 4,073 1,592,148
121,140 283,586 337,634 1,444,874 8,639,241 7,450,766 21,120,103
529,217 512,722 1,078,404 - 147,142 - 4,452,935
40,153 38,902 81,821 - 11,163 - 337,854
395 383 806 - 110 - 3,324
569,765 552,007 1,161,031 - 158,415 - 4,794,113
690,905 835,593 1,498,665 1,444,874 8,797,656 7,450,766 25,914,216
730 106,117 39,752 54,548 541,254 2,089,119 2,927,439
41,936 40,517 87,295 - 12,257 - 376,030
230,887 144,241 466,189 - 3,403,572 1,579,335 6,487,425
273,553 290,875 593,236 54,548 3,957,083 3,668,454 9,790,894
247,892 153,948 504,739 - 29,733 - 1,565,640
2,826 8,049 6,757 - - 4,119 24,823
1,306,027 1,265,316 2,661,335 - 363,111 - 10,989,166
223,272 216,312 454,969 - 62,076 - 1,878,655
- - - - - - 164,471
- - - - 6,752,436 1,578,000 8,330,436
(230,887) (144,241) (466,189) - (3,403,572) (1,579,335) (6,487,425)
1,549,130 1,499,384 3,161,611 - 3,803,784 2,784 16,465,766
1,822,683 1,790,259 3,754,847 54,548 7,760,867 3,671,238 26,256,660
- - - - - - 304,202
111,995 108,504 228,215 - 31,138 - 942,345
160,961 155,943 327,995 - 44,751 - 1,354,354
2,104 2,038 4,286 - 585 - 17,700
275,060 266,485 560,496 - 76,474 - 2,618,601
2,097,743 2,056,744 4,315,343 54,548 7,837,341 3,671,238 28,875,261
14,538 (91) (19) 544,569 16,667 (46) 1,134,134
18,612 18,032 37,927 - 5,175 - 156,608
(1,439,988) (1,239,092) (2,854,586) 845,757 938,473 3,779,574 (4,251,787)
(1,406,838)$ (1,221,151)$ (2,816,678)$ 1,390,326$ 960,315$ 3,779,528$ (2,961,045)$
-216-
Board of
Administrative County Finance
Facilities Services Commissioners Finance Reserve
OPERATING REVENUES
Charges for services 5,269,617$ 1,814,652$ 415,427$ 2,720,698$ 47,292$
Total operating revenues 5,269,617 1,814,652 415,427 2,720,698 47,292
OPERATING EXPENSES
Personnel 3,467,194 1,919,363 560,483 2,174,570 -
Materials and services 1,778,932 269,397 273,436 693,279 -
Depreciation and amortization 17,289 - 8,820 217,771 -
Total operating expenses 5,263,415 2,188,760 842,739 3,085,620 -
Operating income (loss) 6,202 (374,108) (427,312) (364,922) 47,292
NONOPERATING REVENUES (EXPENSES)
Interest expense (17) - - (36) -
Investment earnings (losses) 54,241 15,968 5,596 1,969 2,339
Total nonoperating revenues (expenses) 54,224 15,968 5,596 1,933 2,339
Income (loss) before transfers 60,426 (358,140) (421,716) (362,989) 49,631
TRANSFERS
Transfers in - 226,579 396,000 83,172 -
Transfers out (100,095) - (3,565) - (99,300)
Net other financing sources (uses) (100,095) 226,579 392,435 83,172 (99,300)
Change in net position (39,669) (131,561) (29,281) (279,817) (49,669)
Net position - beginning of year (1,295,945) (1,311,154) (205,434) (353,686) 49,669
Net position - end of year (1,335,614)$ (1,442,715)$ (234,715)$ (633,503)$ -$
Deschutes County, Oregon
Internal Service Funds
Combining Statement of Revenues, Expenses and Changes in Fund Net Position
For the Fiscal Year Ended June 30, 2024
-217-
Human Information Information Health
Legal Resources Technology Tech Reserve Insurance Benefits Total
1,648,108$ 1,956,633$ 3,684,899$ 180,001$ 3,567,030$ 31,665,008$ 52,969,365$
1,648,108 1,956,633 3,684,899 180,001 3,567,030 31,665,008 52,969,365
1,847,383 1,602,639 3,539,970 - 518,781 - 15,630,383
192,877 397,032 833,731 352,844 4,460,471 34,119,860 43,371,859
20,263 2,653 783 139,039 1,333 1,357 409,308
2,060,523 2,002,324 4,374,484 491,883 4,980,585 34,121,217 59,411,550
(412,415) (45,691) (689,585) (311,882) (1,413,555) (2,456,209) (6,442,185)
(43) (238) - - - (122) (456)
12,999 14,236 29,965 55,717 469,168 383,677 1,045,875
12,956 13,998 29,965 55,717 469,168 383,555 1,045,419
(399,459) (31,693) (659,620) (256,165) (944,387) (2,072,654) (5,396,766)
- - 44,656 118,000 - - 868,407
- - (6,470) - (493,787) - (703,217)
- - 38,186 118,000 (493,787) - 165,190
(399,459) (31,693) (621,434) (138,165) (1,438,174) (2,072,654) (5,231,576)
(1,007,379) (1,189,458) (2,195,244) 1,528,491 2,398,489 5,852,182 2,270,531
(1,406,838)$ (1,221,151)$ (2,816,678)$ 1,390,326$ 960,315$ 3,779,528$ (2,961,045)$
-218-
Board of
Administrative County Finance
Facilities Services Commissioners Finance Reserve
CASH FLOWS FROM OPERATING ACTIVITIES
Receipts from customers 5,474,688$ 1,814,652$ 415,427$ 2,643,074$ 47,292$
Payments to employees (3,139,682) (1,801,022) (540,522) (1,699,294) -
Payments to suppliers (1,957,297) (269,206) (272,069) (702,379) -
Net cash provided (used) by operating activities 377,709 (255,576) (397,164) 241,401 47,292
CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES
Transfers in - 226,579 396,000 83,172 -
Transfers out (100,095) - (3,565) - (99,300)
Net cash provided (used) by noncapital financing
activities (100,095) 226,579 392,435 83,172 (99,300)
CASH FLOWS FROM CAPITAL AND RELATED
FINANCING ACTIVITIES
Acquisition of capital assets (9,042) - - (9,097) -
Payments for leases (1,529) - - (4,590) -
Interest paid on leases (16) - - (36) -
Payments for subscriptions - - - (85,743) -
Due to other funds - - - (129,811) -
Net cash provided (used) by capital and related
financing activities (10,587) - - (229,277) -
CASH FLOWS FROM INVESTING ACTIVITIES
Sale (purchase) of investments (259,115) 16,396 1,122 (88,661) 44,531
Interest 35,854 11,245 3,869 6,390 915
Net cash provided (used) by investing activities (223,261) 27,641 4,991 (82,271) 45,446
Net increase (decrease) in cash & cash equivalents 43,766 (1,356) 262 13,025 (6,562)
Balances - beginning of year 99,077 28,450 10,653 - 6,562
Balances - end of year 142,843$ 27,094$ 10,915$ 13,025$ -$
Reconciliation of operating income (loss) to net
cash provided (used) by operating activities:
Operating income (loss)6,202$ (374,108)$ (427,312)$ (364,922)$ 47,292$
Adjustments to reconcile operating income (loss)
to net cash provided (used) by operating activities:
Amortization of deferred lease resources (199,126) - - - -
Depreciation and amortization expense 17,289 - 8,820 217,771 -
Change in operating accruals:
Receivables 205,071 - - - -
Prepaid expenses - - - (77,624) -
Accounts payable 20,761 191 1,367 (9,100) -
Payroll liabilities 10,150 9,055 655 8,001 -
Claims payable - - - - -
Compensated leave 31,534 41,286 - 65,414 -
Net OPEB RHIA asset (6,287) (2,572) (623) (6,753) -
Net OPEB liability 38,797 (10,340) (1,009) 92,494 -
Net pension liability 253,318 80,912 20,938 316,120 -
Net cash provided (used) by operating activities 377,709$ (255,576)$ (397,164)$ 241,401$ 47,292$
NONCASH INVESTING ACTIVITIES
Change in fair value of investments 24,886$ 561,101$ 14,310$ 14,946$ 12,012$
Lease receivable for deferred inflow of resources 374,633$ -$ -$ -$ -$
Subscription asset and liability -$ -$ -$ 67,355$ -$
Lease asset and liability -$ -$ -$ -$ -$
For the Fiscal Year Ended June 30, 2024
Combining Statement of Cash Flows
Deschutes County, Oregon
Internal Service Funds
-219-
Human Information Health
Legal Resources Technology IT Reserve Insurance Benefits Total
1,648,108$ 1,941,605$ 3,645,005$ 180,001$ 3,395,665$ 31,516,705$ 52,722,222$
(1,551,813) (1,564,985) (3,107,958) - (459,114) - (13,864,390)
(193,887) (401,708) (840,340) (318,428) (3,629,803) (33,247,663) (41,832,780)
(97,592) (25,088) (303,293) (138,427) (693,252) (1,730,958) (2,974,948)
- - 44,656 118,000 - - 868,407
- - (6,470) - (493,787) - (703,217)
- - 38,186 118,000 (493,787) - 165,190
(1) - 1,270 (227,731) - - (244,601)
(2,805) (2,562) (2,041) - - (1,311) (14,838)
(43) (238) (59) - (122) (514)
(15,325) - - - - - (101,068)
- - - - - - (129,811)
(18,174) (2,800) (830) (227,731) - (1,433) (490,832)
94,122 16,807 219,157 193,513 839,535 1,359,814 2,437,221
8,222 9,633 16,056 30,849 267,854 206,080 596,967
102,344 26,440 235,213 224,362 1,107,389 1,565,894 3,034,188
(13,422) (1,448) (30,724) (23,796) (79,650) (166,497) (266,402)
24,826 27,695 63,419 144,354 1,205,628 1,032,046 2,642,710
11,404$ 26,247$ 32,695$ 120,558$ 1,125,978$ 865,549$ 2,376,308$
(412,415)$ (45,691)$ (689,585)$ (311,882)$ (1,413,555)$ (2,456,209)$ (6,442,185)$
- - - - - - (199,126)
20,263 2,653 783 139,039 1,333 1,357 409,308
- (14,963) - - (29,937) (148,303) 11,868
- (65) (39,894) - (141,428) - (259,011)
(1,010) (4,676) (6,609) 34,416 413,150 922,815 1,371,305
3,467 2,424 9,377 - 920 - 44,049
- - - - 417,518 (50,618) 366,900
54,269 10,257 136,887 - 2,961 - 342,608
(4,564) (1,831) (6,794) - (1,140) - (30,564)
44,413 (19,912) 29,570 - 9,183 - 183,196
197,985 46,716 262,972 - 47,743 - 1,226,704
(97,592)$ (25,088)$ (303,293)$ (138,427)$ (693,252)$ (1,730,958)$ (2,974,948)$
47,311$ 1,983$ 27,958$ 11,329$ 4,543$ 1,630$ 722,009$
-$ -$ -$ -$ -$ -$ 374,633$
-$ -$ -$ -$ -$ -$ 67,355$
-$ 10,611$ 6,251$ -$ -$ 5,430$ 22,292$
-220-
Deschutes County, Oregon
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 5,233,479$ 5,233,479$ 5,275,564$ 42,085$
Investment earnings 14,150 14,150 38,373 24,223
Total revenues 5,247,629 5,247,629 5,313,937 66,308
EXPENDITURES
Current:
County services 5,379,689 5,379,689 4,939,353 440,336
Not allocated to organizational units:
Contingency 172,142 172,142 - 172,142
Transfers out 100,095 100,095 100,095 -
Total expenditures 5,651,926 5,651,926 5,039,448 612,478
Net change in fund balances (404,297) (404,297) 274,489 678,786
Fund balances, budget basis - beginning of year 404,297 404,297 657,029 252,732
Fund balances, budget basis - end of year -$ -$ 931,518 931,518$
Unrealized gain (loss) on investments (13,229)
Lease receivable 318,451
Capital assets (net of accumulated depreciation and amortization)68,315
Deferred outflows of resources - OPEB RHIA 676
Deferred outflows of resources - OPEB 68,830
Deferred outflows of resources - pension 907,180
Accrued compensated leave (250,988)
Lease payable (1,027)
Other postemployment benefits - RHIA 31,906
Other postemployment benefits (382,735)
Net pension liability (2,238,801)
Deferred inflows of resources - leases (304,202)
Deferred inflows of resources - OPEB RHIA (3,606)
Deferred inflows of resources - OPEB (275,920)
Deferred inflows of resources - pension (191,982)
Net position, GAAP basis - end of year (1,335,614)$
Facilities
Budgeted Amounts
-221-
Deschutes County, Oregon
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 1,804,435$ 1,804,435$ 1,814,652$ 10,217$
Investment earnings 7,700 7,700 11,425 3,725
Transfers in 226,579 226,579 226,579 -
Total revenues 2,038,714 2,038,714 2,052,656 13,942
EXPENDITURES
Current:
County services 2,184,264 2,184,264 2,079,474 104,790
Not allocated to organizational units:
Contingency 61,970 33,333 - 33,333
Total expenditures 2,246,234 2,217,597 2,079,474 138,123
Net change in fund balances (207,520) (178,883) (26,818) 152,065
Fund balances, budget basis - beginning of year 207,520 178,883 178,882 (1)
Fund balances, budget basis - end of year -$ -$ 152,064 152,064$
Unrealized gain (loss) on investments (2,509)
Deferred outflows of resources - OPEB RHIA 433
Deferred outflows of resources - OPEB 44,000
Deferred outflows of resources - pension 579,928
Accrued compensated leave (259,793)
Other postemployment benefits - RHIA 20,396
Other postemployment benefits (244,664)
Net pension liability (1,431,158)
Deferred inflows of resources - OPEB RHIA (2,305)
Deferred inflows of resources - OPEB (176,382)
Deferred inflows of resources - pension (122,725)
Net position, GAAP basis - end of year (1,442,715)$
Budgeted Amounts
Administrative Services
-222-
Deschutes County, Oregon
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 415,281$ 415,281$ 415,427$ 146$
Investment earnings 4,420 4,420 3,966 (454)
Transfers in 396,000 396,000 396,000 -
Total revenues 815,701 815,701 815,393 (308)
EXPENDITURES
Current:
County services 845,187 845,187 814,613 30,574
Not allocated to organizational units:
Contingency 24,761 24,761 - 24,761
Transfers out 3,565 3,565 3,565 -
Total expenditures 873,513 873,513 818,178 55,335
Net change in fund balances (57,812) (57,812) (2,785) 55,027
Fund balances, budget basis - beginning of year 57,812 57,812 62,701 4,889
Fund balances, budget basis - end of year -$ -$ 59,916 59,916$
Unrealized gain (loss) on investments (1,011)
Capital assets (net of accumulated depreciation and amortization)2,172
Deferred outflows of resources - OPEB RHIA 96
Deferred outflows of resources - OPEB 9,767
Deferred outflows of resources - pension 128,721
Other postemployment benefits - RHIA 4,527
Other postemployment benefits (54,310)
Net pension liability (317,686)
Deferred inflows of resources - OPEB RHIA (512)
Deferred inflows of resources - OPEB (39,153)
Deferred inflows of resources - pension (27,242)
Net position, GAAP basis - end of year (234,715)$
Board of County Commissioners
Budgeted Amounts
-223-
Deschutes County, Oregon
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 2,663,118$ 2,663,118$ 2,720,698$ 57,580$
Investment earnings 450 450 7,427 6,977
Transfers in 81,162 84,162 83,172 (990)
Total revenues 2,744,730 2,747,730 2,811,297 63,567
EXPENDITURES
Current:
County services 2,681,630 2,681,630 2,500,041 181,589
Not allocated to organizational units:
Contingency 80,937 60,849 - 60,849
Total expenditures 2,762,567 2,742,479 2,500,041 242,438
Net change in fund balances (17,837) 5,251 311,256 306,005
Fund balances, budget basis - beginning of year 17,837 (5,251) (5,253) (2)
Fund balances, budget basis - end of year -$ -$ 306,003 306,003$
Unrealized gain (loss) on investments (1,206)
Capital assets (net of accumulated depreciation and amortization)655,572
Deferred outflows of resources - OPEB RHIA 425
Deferred outflows of resources - OPEB 43,218
Deferred outflows of resources - pension 569,621
Accrued compensated leave (118,547)
Lease payable (2,045)
Subscription liabilities (164,471)
Other postemployment benefits - RHIA 20,033
Other postemployment benefits (240,317)
Net pension liability (1,405,732)
Deferred inflows of resources - OPEB RHIA (2,264)
Deferred inflows of resources - OPEB (173,249)
Deferred inflows of resources - pension (120,544)
Net position, GAAP basis - end of year (633,503)$
Finance
Budgeted Amounts
-224-
Deschutes County, Oregon
Schedule of Revenues, Expenditures and Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 47,293$ 47,293$ 47,293$ -$
Investment earnings 1,997 1,997 712 (1,285)
Total revenues 49,290 49,290 48,005 (1,285)
EXPENDITURES
Current:
County services - - - -
Not allocated to organizational units:
Transfers out 97,290 100,290 99,300 990
Total expenditures 97,290 100,290 99,300 990
Net change in fund balances (48,000) (51,000) (51,295) (295)
Fund balances, budget basis - beginning of year 48,000 51,000 51,295 295
Fund balances, budget basis - end of year -$ -$ - -$
Unrealized gain (loss) on investments -
Net position, GAAP basis - end of year -$
Finance Reserve
Budgeted Amounts
-225-
Deschutes County, Oregon
Schedule of Revenues, Expenditures and Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 1,645,883$ 1,645,883$ 1,648,108$ 2,225$
Investment earnings 6,500 6,500 7,901 1,401
Total revenues 1,652,383 1,652,383 1,656,009 3,626
EXPENDITURES
Current:
County services 1,773,078 1,778,078 1,766,331 11,747
Not allocated to organizational units:
Contingency 53,305 28,180 - 28,180
Total expenditures 1,826,383 1,806,258 1,766,331 39,927
Net change in fund balances (174,000) (153,875) (110,322) 43,553
Fund balances, budget basis - beginning of year 174,000 153,875 153,876 1
Fund balances, budget basis - end of year -$ -$ 43,554 43,554$
Unrealized gain (loss) on investments (1,056)
Capital assets (net of accumulated depreciation and amortization)17,364
Deferred outflows of resources - OPEB RHIA 395
Deferred outflows of resources - OPEB 40,153
Deferred outflows of resources - pension 529,217
Accrued compensated leave (247,892)
Lease payable (2,826)
Other postemployment benefits - RHIA 18,612
Other postemployment benefits (223,272)
Net pension liability (1,306,027)
Deferred inflows of resources - OPEB RHIA (2,104)
Deferred inflows of resources - OPEB (160,961)
Deferred inflows of resources - pension (111,995)
Net position, GAAP basis - end of year (1,406,838)$
Legal
Budgeted Amounts
-226-
Deschutes County, Oregon
Schedule of Revenues, Expenditures and Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 1,956,660$ 1,956,660$ 1,956,633$ (27)$
Investment earnings 6,550 6,550 9,802 3,252
Total revenues 1,963,210 1,963,210 1,966,435 3,225
EXPENDITURES
Current:
County services 2,086,107 2,077,407 1,967,241 110,166
Not allocated to organizational units:
Contingency 64,253 - - -
Total expenditures 2,150,360 2,077,407 1,967,241 110,166
Net change in fund balances (187,150) (114,197) (806) 113,391
Fund balances, budget basis - beginning of year 187,150 114,197 114,199 2
Fund balances, budget basis - end of year -$ -$ 113,393 113,393$
Unrealized gain (loss) on investments (2,431)
Capital assets (net of accumulated depreciation and amortization)7,958
Deferred outflows of resources - OPEB RHIA 383
Deferred outflows of resources - OPEB 38,902
Deferred outflows of resources - pension 512,722
Accrued compensated leave (153,948)
Lease payable (8,049)
Other postemployment benefits - RHIA 18,032
Other postemployment benefits (216,312)
Net pension liability (1,265,316)
Deferred inflows of resources - RHIA (2,038)
Deferred inflows of resources - OPEB (155,943)
Deferred inflows of resources - pension (108,504)
Net position, GAAP basis - end of year (1,221,151)$
Human Resources
Budgeted Amounts
-227-
Deschutes County, Oregon
Schedule of Revenues, Expenditures and Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 3,675,513$ 3,675,513$ 3,684,899$ 9,386$
Investment earnings 9,600 9,600 17,332 7,732
Transfers in - 64,000 44,656 (19,344)
Total revenues 3,685,113 3,749,113 3,746,887 (2,226)
EXPENDITURES
Current:
County services 3,939,034 4,038,034 3,951,896 86,138
Not allocated to organizational units:
Contingency 124,626 85,036 - 85,036
Transfers out 6,470 6,470 6,470 -
Total expenditures 4,070,130 4,129,540 3,958,366 171,174
Net change in fund balances (385,017) (380,427) (211,479) 168,948
Fund balances, budget basis - beginning of year 385,017 380,427 380,429 2
Fund balances, budget basis - end of year -$ -$ 168,950 168,950$
Unrealized gain (loss) on investments (3,028)
Capital assets (net of accumulated depreciation and amortization)6,738
Deferred outflows of resources - OPEB RHIA 806
Deferred outflows of resources - OPEB 81,821
Deferred outflows of resources - pension 1,078,404
Accrued compensated leave (504,739)
Lease payable (6,757)
Other postemployment benefits - RHIA 37,927
Other postemployment benefits (454,969)
Net pension liability (2,661,335)
Deferred inflows of resources - OPEB RHIA (4,286)
Deferred inflows of resources - OPEB (327,995)
Deferred inflows of resources - pension (228,215)
Net position, GAAP basis - end of year (2,816,678)$
Information Technology
Budgeted Amounts
-228-
Deschutes County, Oregon
Schedule of Revenues, Expenditures and Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 180,000$ 180,000$ 180,000$ -$
Investment earnings 17,200 17,200 31,101 13,901
Transfers in - 118,000 118,000 -
Total revenues 197,200 315,200 329,101 13,901
EXPENDITURES
Current:
County services 601,600 719,600 580,574 139,026
Total expenditures 601,600 719,600 580,574 139,026
Net change in fund balances (404,400) (404,400) (251,473) 152,927
Fund balances, budget basis - beginning of year 963,500 963,500 1,108,395 144,895
Fund balances, budget basis - end of year 559,100$ 559,100$ 856,922 297,822$
Unrealized gain (loss) on investments (11,165)
Capital assets (net of accumulated depreciation and amortization)544,569
Net position, GAAP basis - end of year 1,390,326$
Information Technology Reserve
Budgeted Amounts
-229-
Deschutes County, Oregon
Schedule of Revenues, Expenditures and Changes In Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 3,164,344$ 3,514,303$ 3,567,030$ 52,727$
Investment earnings 200,000 200,000 274,605 74,605
Total revenues 3,364,344 3,714,303 3,841,635 127,332
EXPENDITURES
Current:
County services 4,744,447 4,744,447 4,502,987 241,460
Not allocated to organizational units:
Contingency 6,616,397 6,466,397 - 6,466,397
Transfers out 3,500 503,459 493,787 9,672
Total expenditures 11,364,344 11,714,303 4,996,774 6,717,529
Net change in fund balances (8,000,000) (8,000,000) (1,155,139) 6,844,861
Fund balances, budget basis - beginning of year 8,000,000 8,000,000 9,323,305 1,323,305
Fund balances, budget basis - end of year -$ -$ 8,168,166 8,168,166$
Unrealized gain (loss) on investments (104,278)
Capital assets (net of accumulated depreciation and amortization)16,667
Deferred outflows of resources - OPEB RHIA 110
Deferred outflows of resources - OPEB 11,163
Deferred outflows of resources - pension 147,142
Accrued compensated leave (29,733)
Other postemployment benefits - RHIA 5,175
Other postemployment benefits (62,076)
Net pension liability (363,111)
Accrued claims payable (6,752,436)
Deferred inflows of resources - OPEB RHIA (585)
Deferred inflows of resources - OPEB (44,751)
Deferred inflows of resources - pension (31,138)
Net position, GAAP basis - end of year 960,315$
Insurance
Budgeted Amounts
-230-
Deschutes County, Oregon
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
For the Fiscal Year Ended June 30, 2024
Actual Variance with
Original Final Amounts Final Budget
REVENUES
Charges for services 30,534,045$ 30,534,045$ 31,665,008$ 1,130,963$
Investment earnings 120,000 120,000 208,021 88,021
Total revenues 30,654,045 30,654,045 31,873,029 1,218,984
EXPENDITURES
Current:
County services 32,587,213 35,687,213 34,121,293 1,565,920
Not allocated to organizational units:
Contingency 3,809,575 1,074,575 - 1,074,575
Total expenditures 36,396,788 36,761,788 34,121,293 2,640,495
Net change in fund balances (5,742,743) (6,107,743) (2,248,264) 3,859,479
Fund balances, budget basis - beginning of year 5,742,743 6,107,743 6,107,997 254
Fund balances, budget basis - end of year -$ -$ 3,859,733 3,859,733$
Capital assets (net of accumulated depreciation and amortization)4,073
Lease payable (4,119)
Unrealized gain (loss) on investments (80,159)
Net position, GAAP basis - end of year 3,779,528$
Health Benefits
Budgeted Amounts
-231-
-232-
Taxes Miscellaneous Total
and Custodial Custodial
Fees Funds Funds
ASSETS
Cash and cash equivalents 423,642$ 514,053$ 937,695$
Investments, at fair value; plus accrued interest 2,740,043 3,324,809 6,064,852
Taxes receivable for other governments 7,164,350 - 7,164,350
Accounts receivable 120,608 - 120,608
Notes receivable 858,565 - 858,565
Total assets 11,307,208 3,838,862 15,146,070
LIABILITIES
Accounts payable 45,291 32,364 77,655
Deposits 135,627 3,237,038 3,372,665
Due to other governments 8,081,445 597,021 8,678,466
Total liabilities 8,262,363 3,866,423 12,128,786
DEFERRED INFLOWS OF RESOURCES
Unavailable revenue - land auction sales 858,565 - 858,565
Total deferred inflows of resources 858,565 - 858,565
NET POSITION
Restricted for:
Individuals, organizations, and other governments 2,199,174 19,503 2,218,677
Unrestricted (12,894) (47,064) (59,958)
Total net position 2,186,280$ (27,561)$ 2,158,719$
Combining Statement of Fiduciary Net Position
June 30, 2024
Deschutes County, Oregon
Fiduciary Funds
-233-
Taxes Miscellaneous Total
and Custodial Custodial
Fees Funds Funds
ADDITIONS
Investment earnings
Interest on land sale loans 41,552$ -$ 41,552$
Net increase in fair value of investments 324,821 68,513 393,334
Property tax collections for other governments 508,358,494 - 508,358,494
Fines, forfeitures and penalties 341,400 861,095 1,202,495
Rents 36 - 36
Collections for services provided to other governments 108,606 - 108,606
Charges for services 3,048,918 - 3,048,918
Total additions 512,223,827 929,608 513,153,435
DEDUCTIONS
Payment of property taxes to other governments 508,149,088 - 508,149,088
Payment of services to other governments - 887,931 887,931
Public safety 3,965,577 - 3,965,577
Total deductions 512,114,665 887,931 513,002,596
Change in Fiduciary net position 109,162 41,677 150,839
Net position - beginning of year 2,077,118 (69,238) 2,007,880
Net position - end of year 2,186,280$ (27,561)$ 2,158,719$
Deschutes County, Oregon
Fiduciary Funds
Combining Statement of Changes in Fiduciary Net Position
Fiscal Year Ended June 30, 2024
-234-
-235-
Other Financial Schedules
For the Fiscal Year Ended June 30, 2024
Deschutes County, Oregon
-236-
Deschutes County, Oregon
Schedule of Property Tax Transactions - All County Taxes
June 30, 2024
Tax Year
Beginning
Balance and
FY 2024 Levy Adjustments
Interest
(Discount)
Turnovers from
County
Treasurer
Taxes Receivable
June 30, 2024
FY 2014 & Prior 88,614$ (3,886)$ 9,573$ 18,037$ 76,264$
FY 2015 21,959 (579) 3,830 8,403 16,807
FY 2016 (31,963) (1,221) 2,293 5,394 (36,285)
FY 2017 22,129 (1,227) 905 2,309 19,498
FY 2018 39,697 (1,250) 4,054 11,114 31,387
FY 2019 72,434 (4,403) 8,617 23,934 52,714
FY 2020 302,813 (6,968) 69,086 277,068 87,863
FY 2021 882,179 (8,870) 160,064 726,711 306,662
FY 2022 1,775,819 (70,589) 179,725 823,806 1,061,149
FY 2023 4,389,238 (139,954) 287,850 2,692,118 1,845,016
FY 2024 523,049,057 (283,558) (13,824,079) 503,405,085 5,536,335
TOTALS 530,611,976$ (522,505)$ (13,098,082)$ 507,993,979 8,997,410$
Other Distributions:
Interest earned on unsegregated taxes 209,238
Other tax distribution and credits (354,849)
TOTAL CASH COLLECTIONS 507,848,368$
Summary of Taxes Receivable at June 30, 2024:
Deschutes County
General Fund 710,892$
Special Revenue Funds 1,122,168
Other Taxing Jurisdictions 7,164,350
8,997,410$
-237-
Deschutes County, Oregon
Schedule of Long-Term Debt Principal Transactions
Year Ended June 30, 2024
Final Amount of Outstanding Bonds Outstanding
Date of Maturity Original July 1,Bonds Called and June 30,
Series Issue Date Issue 2023 Issued Matured 2024
Pension Bonds
Series 2002 03/28/2002 06/01/2028 5,429,586$ 2,390,000$ -$ 540,000$ 1,850,000$
Series 2004 05/27/2004 06/01/2028 7,090,000 3,440,000 - 630,000 2,810,000
Total Pension Bonds 12,519,586 5,830,000 - 1,170,000 4,660,000
Bonds
Series 2013 08/08/2013 06/01/2038 8,405,000 5,935,000 - 5,935,000 -
Refunding Series 2019 03/12/2019 06/01/2028 6,455,000 3,930,000 - 715,000 3,215,000
Refunding Series 2021 09/02/2021 12/01/2032 15,325,000 13,910,000 - 1,300,000 12,610,000
Refunding Series 2023 12/05/2023 06/01/2044 24,095,000 - 24,095,000 275,000 23,820,000
Series 2022 08/30/2022 06/01/2043 18,220,000 18,220,000 - 550,000 17,670,000
Total Bonds 72,500,000 41,995,000 24,095,000 8,775,000 57,315,000
Notes from Direct Borrowings
Refunding Series 2015 12/08/2015 12/01/2026 3,775,000 945,000 - 434,200 510,800
Refunding Series 2016 05/25/2016 06/01/2027 6,277,000 2,420,000 - 591,000 1,829,000
Total Notes 10,052,000 3,365,000 - 1,025,200 2,339,800
Total Long-Term Debt 95,071,586$ 51,190,000$ 24,095,000$ 10,970,200$ 64,314,800$
-238-
Deschutes County, Oregon
Schedule of Long-Term Debt Interest Transactions
Year Ended June 30, 2024
Interest
Rates on Outstanding Coupons Outstanding
Outstanding June 30, Bonds Called and June 30,
Series Balances 2023 Issued Matured 2024
Pension Bonds
Series 2002 6.85% 524,025$ -$ 163,715$ 360,310$
Series 2004 6.10% 618,643 - 209,668 408,975
Total Pension Bonds 1,142,668 - 373,383 769,285
Bonds
Series 2013 4.50% 2,244,031 - 2,244,031 -
Refunding Series 2019 5.00% 607,500 - 196,500 411,000
Refunding Series 2021 1.40% 1,004,555 - 186,966 817,589
Refunding Series 2023 5.00% - 14,019,489 588,989 13,430,500
Series 2022 5.00% 11,017,750 - 911,000 10,106,750
Total Bonds 14,873,836 14,019,489 4,127,486 24,765,839
Notes from Direct Borrowings
Refunding Series 2015 2.49% 26,902 - 18,125 8,777
Refunding Series 2016 1.68% 102,396 - 40,656 61,740
Total Notes 129,298 - 58,781 70,517
Total Long-Term Debt 16,145,802$ 14,019,489$ 4,559,650$ 25,605,641$
-239-
Deschutes County, Oregon
Schedule of Future Debt Service Requirements of Pension Obligation Bonds
June 30, 2024
Total Requirements Series 2002 Series 2004
Year of
Maturity Principal Interest Total Principal Interest Principal Interest
2025 700,000$ 297,995$ 997,995$ -$ 126,725$ 700,000$ 171,270$
2026 1,465,000 255,330 1,720,330 685,000 126,725 780,000 128,605
2027 1,640,000 160,867 1,800,867 770,000 79,803 870,000 81,064
2028 855,000 55,093 910,093 395,000 27,057 460,000 28,036
4,660,000$ 769,285$ 5,429,285$ 1,850,000$ 360,310$ 2,810,000$ 408,975$
-240-
Deschutes County, Oregon
Schedule of Future Debt Service Requirements of Full Faith and Credit and Direct Borrowings
Governmental Activities
June 30, 2024
Year of
Maturity Principal Interest Total Principal Interest Principal Interest Principal Interest Principal Interest
2025 2,848,350$ 1,487,489$ 4,335,839$ 232,646$ 2,896$ 750,000$ 160,750$ 1,040,704$ 132,843$ 825,000$ 1,191,000$
2026 2,715,414 1,391,031 4,106,445 - - 785,000 123,250 1,060,414 118,031 870,000 1,149,750
2027 2,807,240 1,293,245 4,100,485 - - 820,000 84,000 1,072,240 102,995 915,000 1,106,250
2028 2,899,066 1,191,293 4,090,359 - - 860,000 43,000 1,084,066 87,793 955,000 1,060,500
2029 2,104,834 1,085,147 3,189,981 - - - - 1,099,834 72,397 1,005,000 1,012,750
2030 2,174,545 1,019,250 3,193,795 - - - - 1,119,545 56,750 1,055,000 962,500
2031 2,245,313 950,604 3,195,917 - - - - 1,135,313 40,854 1,110,000 909,750
2032 2,323,965 878,929 3,202,894 - - - - 1,158,965 24,679 1,165,000 854,250
2033 2,390,792 804,255 3,195,047 - - - - 1,170,792 8,255 1,220,000 796,000
2034 1,285,000 735,000 2,020,000 - - - - - - 1,285,000 735,000
2035 1,345,000 670,750 2,015,750 - - - - - - 1,345,000 670,750
2036 1,410,000 603,500 2,013,500 - - - - - - 1,410,000 603,500
2037 1,485,000 533,000 2,018,000 - - - - - - 1,485,000 533,000
2038 1,560,000 458,750 2,018,750 - - - - - - 1,560,000 458,750
2039 1,120,000 380,750 1,500,750 - - - - - - 1,120,000 380,750
2040 1,175,000 324,750 1,499,750 - - - - - - 1,175,000 324,750
2041 1,235,000 266,000 1,501,000 - - - - - - 1,235,000 266,000
2042 1,295,000 204,250 1,499,250 - - - - - - 1,295,000 204,250
2043 1,360,000 139,500 1,499,500 - - - - - - 1,360,000 139,500
2044 1,430,000 71,500 1,501,500 - - - - - - 1,430,000 71,500
37,209,519$ 14,488,993$ 51,698,512$ 232,646$ 2,896$ 3,215,000$ 411,000$ 9,941,873$ 644,597$ 23,820,000$ 13,430,500$
Total Requirements Direct Borrowing-2015 Series 2019 Ref Series 2021 Series 2023
-241-
Deschutes County, Oregon
Schedule of Future Debt Service Requirements of Full Faith and Credit and Direct Borrowings
Business Type Activities
June 30, 2024
Year of
Maturity Principal Interest Total Principal Interest Principal Interest Principal Interest Principal Interest
2025 1,673,550$ 954,150$ 2,627,700$ 213,254$ 4,271$ 601,000$ 30,727$ 279,296$ 35,652$ 580,000$ 883,500$
2026 1,532,286 908,015 2,440,301 32,700 1,209 610,000 20,630 284,586 31,676 605,000 854,500
2027 1,577,960 862,675 2,440,635 32,200 401 618,000 10,383 287,760 27,641 640,000 824,250
2028 960,934 815,811 1,776,745 - - - - 290,934 23,561 670,000 792,250
2029 1,000,166 778,179 1,778,345 - - - - 295,166 19,429 705,000 758,750
2030 1,040,455 738,730 1,779,185 - - - - 300,455 15,230 740,000 723,500
2031 1,079,687 697,464 1,777,151 - - - - 304,687 10,964 775,000 686,500
2032 1,126,035 654,373 1,780,408 - - - - 311,035 6,623 815,000 647,750
2033 1,169,208 609,216 1,778,424 - - - - 314,208 2,216 855,000 607,000
2034 900,000 564,250 1,464,250 - - - - - - 900,000 564,250
2035 940,000 519,250 1,459,250 - - - - - - 940,000 519,250
2036 990,000 472,250 1,462,250 - - - - - - 990,000 472,250
2037 1,040,000 422,750 1,462,750 - - - - - - 1,040,000 422,750
2038 1,090,000 370,750 1,460,750 - - - - - - 1,090,000 370,750
2039 1,145,000 316,250 1,461,250 - - - - - - 1,145,000 316,250
2040 1,200,000 259,000 1,459,000 - - - - - - 1,200,000 259,000
2041 1,265,000 199,000 1,464,000 - - - - - - 1,265,000 199,000
2042 1,325,000 135,750 1,460,750 - - - - - - 1,325,000 135,750
2043 1,390,000 69,500 1,459,500 - - - - - - 1,390,000 69,500
22,445,281$ 10,347,363$ 32,792,644$ 278,154$ 5,881$ 1,829,000$ 61,740$ 2,668,127$ 172,992$ 17,670,000$ 10,106,750$
Refunding Series 2021Total Requirements Series 2022Direct Borrowing - 2015 Direct Borrowing - 2016
-242-
-243-
Statistical Section
For the Fiscal Year Ended June 30, 2024
Deschutes County, Oregon
-244-
-245-
Deschutes County, Oregon
Statistical Section Contents
June 30, 2024
This is part of the Deschutes County’s statistical annual comprehensive financial report presents detailed
information as a context for understanding what the information in the financial statements, note
disclosures, and required supplementary information says about the County’s overall health.
Pages
Financial Trends
These schedules contain trend information to help the reader understand how the
County’s financial performance and well-being have changed over time.
247 - 256
Revenue Capacity
These schedules contain information to help the reader assess the County’s most
significant local revenue source, property taxes.
257 - 262
Debt Capacity
These schedules present information to help the reader assess the affordability of the
County’s current level of outstanding debt and the County’s ability to issue additional
debt in the future.
263 - 270
Demographic and Economic Information
These schedules offer demographic and economic indicators to help the reader
understand the environment in which the County’s financial activities take place.
271 - 272
Operating Information
These schedules contain service and infrastructure data to help the reader understand
how the information in the County’s financial report relates to the services the County
provides and the activities it performs.
274 - 277
Sources: Unless otherwise noted, the information in these schedules is derived from the published annual
comprehensive financial reports for the relevant year. The County implemented GASB Statement No. 65 in
fiscal year 2014. Schedules containing information for years prior to fiscal year 2014 have not been restated
in accordance with GASB 65, unless otherwise noted.
-246-
Governmental activities
Net investment in capital assets 91,385,492$ 101,724,105$ 108,576,334$ 113,719,602$
Restricted 57,774,179 60,999,381 60,223,775 51,604,150
Unrestricted 13,564,091 (9,004,273) (10,585,809) (13,117,584)
Total governmental activities net position 162,723,762$ 153,719,213$ 158,214,300$ 152,206,168$
Business-type activities
Net investment in capital assets 31,628,810$ 33,549,044$ 35,249,434$ 37,025,828$
Restricted 416,356 257,743 - -
Unrestricted (3,620,616) (4,431,920) (3,895,146) (2,045,078)
Total business-type activities net position 28,424,550$ 29,374,867$ 31,354,288$ 34,980,750$
Primary government
Net investment in capital assets 123,014,302$ 135,273,150$ 143,825,768$ 150,745,430$
Restricted 58,190,535 61,257,124 60,223,775 51,604,150
Unrestricted 9,943,475 (13,436,194) (14,480,955) (15,162,662)
Total primary government net position 191,148,312$ 183,094,080$ 189,568,588$ 187,186,918$
Fiscal Year
20162015 20182017
Deschutes County, Oregon
(accrual basis of accounting)
Net Position by Component - Last Ten Fiscal Years
-247-
115,293,413$ 121,372,936$ 126,591,425$ 135,284,761$ 161,842,824$ 179,244,593$
66,660,268 75,890,142 86,559,219 90,450,775 86,626,839 102,213,751
(11,495,168) (14,936,196) (29,395,513) (28,233,666) (42,654,861) (53,796,060)
170,458,513$ 182,326,882$ 183,755,131$ 197,501,870$ 205,814,802$ 227,662,284$
35,942,205$ 38,733,640$ 37,856,359$ 35,830,576$ 23,964,066$ 37,443,048$
- - - - 13,974,687 17,778,135
1,559,167 (1,509,993) 3,784,281 7,281,323 6,500,623 (11,030,626)
37,501,372$ 37,223,647$ 41,640,640$ 43,111,899$ 44,439,376$ 44,190,557$
151,235,618$ 160,106,576$ 164,447,785$ 171,115,338$ 185,806,890$ 216,687,641$
66,660,268 75,890,142 86,559,219 90,450,775 100,601,526 119,991,886
(9,936,001) (16,446,189) (25,611,232) (20,952,344) (36,154,238) (64,826,686)
207,959,885$ 219,550,529$ 225,395,771$ 240,613,769$ 250,254,178$ 271,852,841$
Fiscal Year
202420192023202220212020
-248-
2015 2016 2017 2018
Expenses
Governmental activities:
General government 25,448,635$ 35,463,814$ 30,011,545$ 36,105,776$
Public safety 46,351,357 74,941,547 65,276,283 64,258,765
County roads 16,818,974 18,269,586 17,627,051 18,122,984
Health and welfare 31,944,749 43,850,703 39,370,403 50,068,445
Interest and fiscal charges 2,385,397 2,284,295 2,175,774 2,104,761
Total governmental activities expenses 122,949,112 174,809,945 154,461,056 170,660,730
Business-type activities:
Solid waste 7,614,444 9,272,404 10,028,102 10,131,364
Fair & expo center 3,466,338 4,290,630 4,173,908 4,504,592
RV park 473,792 477,924 407,928 411,993
Total business-type activities expenses 11,554,574 14,040,958 14,609,937 15,047,948
Total primary government expenses 134,503,686$ 188,850,903$ 169,070,993$ 185,708,679$
Program Revenues
Governmental activities:
Charges for services:
General government 14,463,863$ 18,675,554$ 16,435,374$ 16,271,509$
Public safety 6,051,487 5,620,314 6,765,336 4,653,489
County roads 17,690,071 19,168,851 19,082,452 21,577,005
Health and welfare 1,836,516 2,021,579 1,940,978 2,683,447
Operating grants and contributions 40,911,962 42,990,874 40,087,120 52,587,330
Capital grants and contributions 193,226 7,003,178 1,084,073 1,918,307
Total governmental program revenues 81,147,125 95,480,350 85,395,333 99,691,086
Business-type activities:
Charges for services:
Solid waste 8,088,089 8,865,019 9,791,844 11,187,151
Fair & expo center 2,257,064 2,500,139 2,710,373 2,511,127
RV park 346,987 408,513 384,279 438,716
Operating grants and contributions 51,244 53,667 570,037 786,895
Total business-type program revenues 10,743,384 11,827,338 13,456,534 14,923,889
Total primary government program revenues 91,890,509$ 107,307,688$ 98,851,866$ 114,614,975$
Net (Expense)/Revenue
Governmental activities (41,801,988)$ (79,329,594)$ (69,065,723)$ (70,969,644)$
Business-type activities (811,190) (2,213,620) (1,153,403) (124,060)
Total primary government net expense (42,613,178)$ (81,543,214)$ (70,219,127)$ (71,093,704)$
Prior year totals may not foot due to rounding.
Fiscal Year
Deschutes County, Oregon
Changes in Net Position - Last Ten Fiscal Years
(accrual basis of accounting)
-249-
2019 2020 2021 2022 2023 2024
32,523,927$ 50,607,355$ 49,428,669$ 48,556,006$ 66,921,909$ 34,521,844$
70,253,604 70,086,827 85,546,513 86,849,152 107,370,842 107,768,750
17,645,717 17,743,525 25,488,902 22,046,884 10,167,800 35,000,781
45,086,737 45,728,065 62,685,989 55,636,443 66,433,425 76,969,969
2,024,851 1,808,997 1,497,982 838,400 1,296,674 1,547,824
167,534,837 185,974,769 224,648,055 213,926,886 252,190,650 255,809,168
9,047,200 12,526,176 9,911,481 13,075,084 13,762,327 19,875,561
5,085,859 4,759,772 3,018,117 4,509,320 5,938,023 6,883,063
409,672 420,191 420,836 368,229 436,441 493,271
14,542,731 17,706,139 13,350,434 17,952,633 20,136,791 27,251,895
182,077,568$ 203,680,908$ 237,998,489$ 231,879,518$ 272,327,441$ 283,061,063$
15,487,329$ 16,303,016$ 18,863,342$ 20,031,444$ 18,320,916$ 15,208,367$
3,870,888 2,981,327 3,968,606 2,822,080 4,952,871 5,859,723
24,081,955 25,465,962 28,723,520 27,343,594 27,039,616 30,635,504
2,892,082 3,161,716 3,994,244 3,173,349 4,486,491 5,042,923
53,767,845 59,658,417 77,638,551 83,007,298 98,552,785 92,606,334
30,000 145,584 93,134 - - -
100,130,099 107,716,021 133,281,397 136,377,766 153,352,679 149,352,851
11,421,763 13,486,467 13,486,467 13,991,671 14,099,929 17,380,055
3,085,338 1,790,111 1,790,111 3,608,410 4,816,455 5,330,890
476,365 652,568 652,568 584,135 577,063 526,442
107,740 57,496 57,496 53,167 53,167 53,167
15,091,206 15,986,642 15,986,642 18,237,383 19,546,614 23,290,554
115,221,305$ 123,702,663$ 149,268,038$ 154,615,150$ 172,899,293$ 172,643,405$
(67,404,738)$ (78,258,747)$ (91,366,658)$ (77,549,119)$ (98,837,971)$ (106,456,317)$
548,475 (2,260,820) 2,636,207 284,751 (590,177) (3,961,341)
(66,856,263)$ (80,519,567)$ (88,730,451)$ (77,264,369)$ (99,428,148)$ (110,417,658)$
Fiscal Year
-250-
2015 2016 2017 2018
General Revenues and Other
Changes in Net Position
Governmental activities:
Taxes
Property taxes, general purpose levy 31,747,666$ 33,533,883$ 35,363,260$ 36,746,058$
Property taxes, sheriff services levy 26,640,494 29,508,509 31,128,138 33,028,808
Property taxes, bonded debt levy 97,428 84,233 - -
Transient room tax 5,248,199 6,068,098 6,408,477 7,011,471
Investment earnings 1,188,209 1,643,757 1,351,378 1,940,860
Transfers (559,305) (513,431) (690,447) (631,722)
Total governmental activities 64,362,691 70,325,049 73,560,806 78,095,475
Business-type activities:
Taxes
Property taxes, bonded debt levy 2,623,509 2,555,831 2,368,281 -
Investment earnings 71,740 94,674 74,094 129,837
Special item - - - 3,369,910
Transfers 559,305 513,431 690,447 631,722
Total business-type activities 3,254,554 3,163,935 3,132,822 4,131,469
Total primary government 67,617,246$ 73,488,985$ 76,693,630$ 82,226,944$
Change in Net Position
Governmental activities 22,560,704$ (9,004,545)$ 4,495,083$ 7,125,831$
Business-type activities 2,443,364 950,315 1,979,419 4,007,409
Total primary government 25,004,068$ (8,054,229)$ 6,474,504$ 11,133,240$
Prior year totals may not foot due to rounding.
Fiscal Year
Deschutes County, Oregon
Changes in Net Position - Last Ten Fiscal Years
(accrual basis of accounting)
-251-
2019 2020 2021 2022 2023 2024
38,353,835$ 40,987,718$ 42,614,194$ 44,873,558$ 47,364,947$ 51,751,786$
35,960,629 38,315,278 39,843,081 41,208,892 44,320,775 53,933,341
- - - - - -
7,829,489 7,560,467 11,431,704 13,114,807 12,597,706 12,438,741
5,151,181 4,888,442 648,532 (6,112,054) 4,612,463 11,982,540
(1,638,051) (1,624,789) (1,742,604) (1,789,344) (1,744,988) (1,802,609)
85,657,083 90,127,116 92,794,907 91,295,859 107,150,903 128,303,799
- - - - - -
334,098 358,306 38,182 (602,836) 172,666 1,909,913
- - - - - -
1,638,050 1,624,789 1,742,604 1,789,344 1,744,988 1,802,609
1,972,148 1,983,094 1,780,786 1,186,508 1,917,654 3,712,522
87,629,231$ 92,110,210$ 94,575,692$ 92,482,367$ 109,068,557$ 132,016,321$
18,252,345$ 11,868,368$ 1,428,248$ 13,746,739$ 8,312,932$ 21,847,482$
2,520,623 (277,725) 4,416,993 1,471,259 1,327,477 (248,819)
20,772,968$ 11,590,643$ 5,845,242$ 15,217,998$ 9,640,409$ 21,598,663$
Fiscal Year
-252-
2015 2016 2017 2018
General Fund
Nonspendable 516,523$ 498,337$ 469,020$ 445,442$
Committed 1,782,674 3,944,405 7,505,074 10,670,276
Assigned 6,222,698 6,311,144 5,369,619 6,598,027
Unassigned 9,183,941 10,620,333 10,483,020 11,461,766
Total General Fund 17,705,836$ 21,374,220$ 23,826,733$ 29,175,511$
All Other Governmental Funds
Nonspendable 2,542,621$ 2,663,703$ 2,859,789$ 1,786,302$
Restricted, reported in:
Special revenue funds 62,650,077 71,847,628 65,125,286 67,996,477
Capital projects funds - - 7,809,685 9,542,598
Debt service funds 10,970 - - -
Total Restricted 62,661,047 71,847,628 72,934,971 77,539,075
Committed, reported in:
Special revenue funds 13,566,455 11,491,305 13,469,571 14,715,465
Capital projects funds 394,405 - - -
Debt service funds 482,736 472,561 558,106 661,151
Total Committed 14,443,596 11,963,866 14,027,677 15,376,615
Unassigned, reported in:
Special revenue funds - - - -
Capital projects funds - - - -
Total Unassigned - - - -
Total all other governmental funds 79,647,264$ 86,475,197$ 89,822,437$ 94,701,992$
Prior year totals may not foot due to rounding.
Deschutes County, Oregon
(modified accrual basis of accounting)
Fund Balances - Governmental Funds - Last Ten Fiscal Years
Fiscal Year
-253-
2019 2020 2021 2022 2023 2024
144,473$ 148,609$ 35,563$ 80,692$ 46,213$ 47,062$
13,048,013 7,557,563 9,963,834 6,980,581 5,698,988 11,065,027
6,743,043 7,362,270 8,243,592 8,563,836 9,575,220 11,546,677
12,458,530 13,620,704 15,023,889 13,398,279 13,426,082 15,227,096
32,394,059$ 28,689,146$ 33,266,878$ 29,023,388$ 28,746,503$ 37,885,862$
2,475,033$ 2,690,983$ 2,671,413$ 3,041,475$ 2,653,108$ 2,798,174$
76,263,618 81,399,756 103,846,578 107,048,554 101,304,951 108,091,056
17,794,245 25,086,097 23,497,961 26,356,205 22,594,529 30,034,095
- - - - - -
94,057,863 106,485,853 127,344,538 133,404,759 123,899,480 138,125,151
16,713,561 2,867,188 4,900,652 4,770,913 4,854,127 5,411,200
- 4,928,892 4,380,450 8,403,325 5,866,734 6,607,522
837,063 959,032 466,933 384,965 449,066 36,151
17,550,624 8,755,111 9,748,035 13,559,203 11,169,927 12,054,873
- (39,033) - (695,542) (13,004) (212)
- - - - - -
- (39,033) - (695,542) (13,004) (212)
114,083,519$ 117,892,914$ 139,763,986$ 149,309,895$ 137,709,511$ 152,977,986$
Fiscal Year
-254-
2015 2016 2017 2018
Revenues
Taxes 64,043,653$ 69,254,662$ 72,725,317$ 76,915,410$
Licenses and permits 1,395,229 1,513,320 1,804,402 1,658,904
Fines, forfeitures and penalties 1,713,279 1,666,944 1,600,649 1,466,676
Special assessments 116,946 85,439 70,655 66,830
Interest and rents 2,801,165 3,191,867 3,042,808 3,555,878
Intergovernmental 97,854,728 102,449,003 92,313,282 105,988,087
Charges for services 24,577,248 16,657,205 18,295,208 19,115,410
Other 1,867,249 1,268,489 1,073,927 875,507
Total revenues 194,369,496 196,086,929 190,926,249 209,642,702
Expenditures
General government 25,028,450 26,813,546 26,361,777 29,061,175
Public safety 89,007,502 91,353,457 86,897,612 93,072,384
County roads 15,038,232 15,351,922 16,195,155 14,241,574
Health and welfare 46,096,095 36,778,966 38,856,976 46,636,552
Education 656,218 610,125 263,106 -
Debt service
Principal 3,270,413 3,015,338 2,895,157 3,013,331
Interest 2,354,101 2,259,334 2,151,095 2,079,976
Trustee fees - - 2,500 2,375
Debt issuance costs - - - -
Capital outlay 6,906,759 7,675,279 10,376,297 7,506,798
Total expenditures 188,357,770 183,857,968 183,999,674 195,614,166
Excess of revenues
over (under) expenditures 6,011,726 12,228,961 6,926,574 14,028,536
Other Financing Sources (Uses)
Issuance of long-term debt - leases - - - -
Issuance of long-term debt - subscriptio - - - -
Transfers in 14,542,905 10,564,827 23,284,540 18,339,320
Transfers out (15,350,629) (12,403,247) (24,593,177) (19,240,045)
Debt issuance - 1,911,626 - -
Bond premium/discount - - - -
Payments to escrow agent - (1,904,328) - -
Increase/(decrease) in inventory 242,641 98,478 181,815 (155,630)
Total other financing
sources (uses)(565,083) (1,732,643) (1,126,822) (1,056,355)
Net change in fund balances 5,446,643$ 10,496,318$ 5,799,752$ 12,972,180$
Debt service as a percentage
of noncapital expenditures 3.1%3.0%2.9%2.7%
Prior year totals may not foot due to rounding.
Deschutes County, Oregon
(modified accrual basis of accounting)
Changes in Fund Balances - Governmental Funds - Last Ten Fiscal Years
Fiscal Year
-255-
2019 2020 2021 2022 2023 2024
82,039,791$ 86,964,729$ 94,124,509$ 99,264,276$ 104,114,587$ 117,874,095$
1,846,647 1,827,973 2,208,566 2,488,528 2,176,998 2,235,960
1,525,703 1,315,245 1,312,788 794,023 806,401 895,908
60,172 24,635 7,403 9,883 3,924 6,051
6,254,855 6,127,824 2,547,298 (3,256,047) 6,316,328 12,970,056
111,616,358 116,778,213 149,475,326 148,713,344 172,492,922 167,436,724
17,409,307 19,549,186 22,925,825 21,902,984 25,944,677 20,992,982
1,577,098 2,240,573 826,662 2,322,915 1,855,725 983,206
222,329,931 234,828,378 273,428,375 272,239,905 313,711,562 323,394,982
30,624,676 51,467,588 41,583,698 43,069,730 53,755,442 37,996,318
97,971,830 105,095,862 112,852,658 126,981,617 142,877,533 146,857,447
13,601,142 13,934,215 14,026,795 17,933,913 19,589,948 25,558,649
41,929,068 44,960,663 53,777,680 53,038,068 63,853,309 67,056,809
- - - - - -
9,963,729 2,619,154 3,728,510 3,633,793 3,370,177 4,518,234
2,021,171 1,909,000 1,590,121 1,316,978 1,107,238 1,440,854
106,325 1,600 1,200 850 1,550 900
- - - - - 165,170
10,105,264 12,913,134 17,541,502 19,055,501 42,214,342 40,071,611
206,323,204 232,901,216 245,102,163 265,030,448 326,769,539 323,665,992
16,006,728 1,927,163 28,326,212 7,209,457 (13,057,977) (271,010)
- - - - 1,258,453 5,732,447
- - - - 1,855,136 241,427
28,268,112 33,312,721 21,904,660 32,384,479 36,264,492 34,373,156
(29,876,180) (35,135,401) (23,782,068) (34,291,517) (38,197,373) (36,340,955)
7,512,685 - - - - 24,095,000
- - - - - 2,497,687
- - - - - (5,919,918)
688,731 - - - - -
6,593,348 (1,822,681) (1,877,408) (1,907,038) 1,180,708 24,678,844
22,600,076$ 104,482$ 26,448,804$ 5,302,419$ (11,877,269)$ 24,407,834$
2.7%2.1%2.3%2.0%1.6%2.1%
Fiscal Year
-256-
Fiscal Year Ended
June 30,
Assessed
Value
Estimated
Actual
Value
Assessed
Value
Estimated
Actual
Value
Assessed
Value
Estimated
Actual
Value
2015 18,803,090 24,417,972 393,213 393,227 53,660 58,261
2016 19,847,234 27,721,055 415,663 415,679 60,520 70,526
2017 20,943,309 31,302,357 451,004 451,007 65,759 79,422
2018 22,107,667 35,571,219 482,975 482,975 74,665 103,958
2019 23,380,812 39,872,595 508,792 508,792 78,186 112,682
2020 24,642,529 43,452,591 524,739 527,739 81,184 131,478
2021 25,896,554 46,294,856 586,141 586,165 84,899 147,202
2022 27,365,201 54,432,055 627,551 627,551 90,106 173,790
2023 28,853,678 71,303,510 735,632 735,632 92,994 207,887
2024 30,423,785 78,521,799 890,104 890,104 97,682 239,833
Sources: Deschutes County Assessor's Department and Deschutes County Tax Office.
(1) Includes tax-exempt property.
Deschutes County, Oregon
(in thousands of dollars)
Assessed Value and Estimated Actual Value of Taxable Property - Last Ten Fiscal Years
Real Property Personal Property Manufactured Homes
-257-
Exemptions
Assessed
Value
Estimated
Actual
Value
Assessed
Value
Taxable
Assessed Value
Estimated
Actual
Value
475,914 492,477 39,534 19,686,343 25,361,937 2.7502 - 6.1111 77.777%
652,906 677,075 43,033 20,933,290 28,884,335 2.7398 - 6.0936 72.622%
560,616 582,833 45,078 21,975,610 32,415,618 2.7311 - 6.0411 67.932%
600,475 628,510 47,457 23,218,325 36,786,661 2.6125 - 6.0411 63.245%
668,084 736,374 51,211 24,584,663 41,230,443 2.5225 - 5.9725 59.752%
710,117 784,443 54,658 25,903,911 44,896,251 2.6825 - 5.9925 57.819%
803,586 887,767 57,287 27,313,892 47,915,990 2.6825 - 5.9925 57.123%
834,257 910,502 58,720 28,858,395 56,143,898 2.6825 - 5.9925 51.505%
853,781 938,116 59,462 30,476,624 73,185,145 2.6525 - 6.4325 41.724%
852,663 919,209 60,873 32,203,361 80,570,945 2.8525 - 6.6325 40.045%
TotalPublic Utilities Range of
Total Direct
Tax Rates
Paid
Assessed
Value (1) as a
Percentage of
Estimated
Actual Value
-258-
2015 2016 2017 2018
County direct rates
Rates levied to all taxable County properties:
General 1.2783 1.2783 1.2783 1.2483
Fairgrounds Bond 0.1377 0.1273 0.1186 -
Sheriff (Countywide)0.9500 1.0200 1.0200 1.0200
County Extension/4H CSD 0.0224 0.0224 0.0224 0.0224
911 CSD 0.1618 0.1618 0.1618 0.3618
911 Local Option 0.2000 0.2000 0.2000 -
County districts paid by all properties 2.7502 2.8098 2.8011 2.6525
Rates levied to taxable rural County properties:
Sheriff (Rural)1.4000 1.4000 1.4000 1.4000
Certain County properties are subject to
one of the following rates:
Bend Library Bond - - - -
Sunriver Library Bond 0.5090 0.0438 - -
Paid by Black Butte properties only:
Black Butte Ranch CSD 1.0499 1.0499 1.0499 1.0499
Black Butte Ranch CSD Local Opt 0.5500 0.5500 0.5500 0.5500
Paid by Sunriver properties only:
Sunriver Service District 3.3100 3.3100 3.3100 3.3100
Sunriver Service District Local Opt - - - -
Range of County Direct Rates Paid 2.7502 - 6.1111 2.8098 - 6.1198 2.8011- 6.1111 2.6525 - 5.9625
City and town rates
Bend 2.8035 2.8035 2.8035 2.8035
Redmond 4.4101 4.4101 4.4101 4.4101
Sisters 2.6417 2.6417 2.6417 2.6417
La Pine 1.9800 1.9800 1.9800 1.9800
City of Bend Bond 2021 - - - -
City of Bend Bond 2011 0.2120 0.2120 0.1895 0.1789
City of Bend Local Option - - 0 0.2000
City of Redmond Bond 0.0809 0.0809 0.0710 0.0547
City of Redmond Bond 2022 - - - -
Library district rates 0.5500 0.5500 0.5500 0.5500
1.0924 - 3.0691 1.0924 - 3.0691 1.0924 - 2.7317 1.0924 - 2.7317
0.2200 - 1.6566 0.2200 - 1.4610 0.2200 - 1.4610 0.2200 - 1.4610
6.2181 - 8.4979 6.4033 - 8.4012 6.5893 - 8.4320 6.5893 - 8.4320
0.7831 - 3.0000 0.8140 - 3.0000 0.8140 - 3.0000 0.8140 - 3.0000
Other special district rates 0.2895 0.2895 0.2895 0.2895
Sources: Deschutes County Assessor's Office and Deschutes County Finance Department.
Parks and recreation district rates
School district rates
Road district rates
Direct and Overlapping Property Tax Rates - Last Ten Fiscal Years
(rate per 1,000 of assessed value)
Fire district rates
Deschutes County, Oregon
Fiscal Year Taxes are Payable
-259-
2019 2020 2021 2022 2023 2024
1.2183 1.2183 1.2183 1.2183 1.2183 1.2783
- - - - - -
1.0800 1.0800 1.0800 1.0800 1.0500 1.2500
0.0224 0.0224 0.0224 0.0224 0.0224 0.0224
0.3618 0.3618 0.3618 0.3618 0.3618 0.3618
- - - - - -
2.6825 2.6825 2.6825 2.6825 2.6525 2.9125
1.3400 1.3400 1.3400 1.3400 1.3400 1.5500
- - - - - -
- - - - - -
1.0499 1.0499 1.0499 1.0499 1.0499 1.0499
0.5500 0.5500 0.5500 0.6500 0.6500 0.6500
3.3100 3.3100 3.3100 3.3100 3.3100 3.3100
- - - - 0.4700 0.4700
2.6825 - 5.9925 2.6825 - 5.9925 2.6825 - 5.9925 2.6825 - 5.9925 2.6525 - 6.4325 2.8525 - 6.6325
2.8035 2.8035 2.8035 2.8035 2.8035 2.8035
4.4101 4.4101 4.4101 4.4101 4.4101 4.4101
2.6417 2.6417 2.6417 2.6417 2.6417 2.6417
1.9800 1.9800 1.9800 1.9800 1.9800 1.9800
- - - - 0.1713 0.1621
0.1685 0.1600 0.1600 0.1520 0.1292 0.1104
0.2000 0.2000 0.2000 0.2000 0.2000 0.2000
0.0547 - - - - -
- - - - 0.7232 0.6387
0.5500 0.5500 0.5500 0.5500 0.5500 0.5500
1.0924 - 2.7317 1.0924 - 2.7317 1.0924 - 2.7317 1.0924 - 2.7317 1.0924 - 2.7317 1.0924 - 2.7317
0.2200 - 1.4610 0.2200 - 1.4610 0.2200 - 1.4610 0.2200 - 1.4610 0.2200 - 1.4610 0.2200 - 1.4610
6.4912 - 8.2372 6.4554 - 8.1593 6.5337 - 8.1626 5.7044 - 7.2439 5.3871 - 7.2955 5.4063 - 7.2824
0.8140 - 3.0000 0.8140 - 3.0000 0.5882 - 3.0000 0.8140 - 3.0000 0.8140 - 3.0000 0.8140 - 3.2500
0.2895 0.2895 0.2895 0.2895 0.2895 0.2895
Fiscal Year Taxes are Payable
-260-
Taxpayer
Taxable Assessed
Value (TAV)
Rank
(1)
% of Total
County TAV
(2)
Taxable Assessed
Value (TAV)
Rank
(1)
% of Total
County TAV
(2)
Pacificorp (PP&L) 165,071,483$ 1 0.51% 86,338,000$ 1 0.44%
Crowdstrike Inc. 150,504,520 2 0.47%
TDS Baja Broadband LLC 132,582,625 3 0.41%
Cascade Natural Gas Corporation 83,577,410 4 0.26% 51,236,000 4 0.26%
Lonza Bend Inc. 79,640,120 5 0.25%
Deschutes Brewery Inc 64,178,020 6 0.20% 36,254,180 7 0.18%
Gas Transmission Northwest Corporation 72,792,854 7 0.23% 69,580,600 2 0.35%
Touchmark at Mount Bachelor Village LLC 56,328,370 8 0.17% 44,393,000 5 0.23%
PCC Structurals, Inc. 47,675,520 9 0.15%
Suterra LLC 53,551,460 10 0.17% 36,206,060 8 0.18%
Bend Cable Communications, LLC - -0.00% 69,563,000 3 0.35%
CSVS LLC - -0.00% 37,108,420 6 0.19%
Centurylink (Formerly Qwest)- -0.00% 33,857,800 9 0.17%
Wal-Mart Stores Inc.- -0.00% 30,356,000 10 0.15%
Total 905,902,382$ 2.82% 494,893,060$ 2.50%
(1) Ranking of Principal Taxpayers is based on property taxes assessed, not the taxable assessed value.
(2) Taxpayer's attributable share of total assessed value in the County.
2024 2015
Deschutes County, Oregon
Principal Property Taxpayers - Current Fiscal Year and Nine Years Ago
-261-
Fiscal Year
Ended June 30,
Amount
Collected
Percentage of
Levy
Amount
Collected
Percentage of
Levy
2015 62,247 61,220 98.349% 1,024 62,244 99.995%
2016 65,737 64,747 98.494%990 65,737 100.000%
2017 68,956 67,895 98.461%1,056 68,951 99.993%
2018 69,929 69,013 98.689%909 69,922 99.990%
2019 74,425 73,442 98.678%971 74,413 99.984%
2020 78,369 77,350 98.700%999 78,349 99.974%
2021 82,470 81,661 99.019%740 82,401 99.917%
2022 86,354 85,577 99.101%540 86,117 99.726%
2023 91,736 90,881 99.068%479 91,360 99.591%
2024 107,556 105,727 98.299%- 105,727 98.299%
Source: Deschutes County Finance Department.
(1) Net of discounts and adjustments.
Deschutes County, Oregon
Property Taxes, Levies and Collections - Last Ten Fiscal Years
Collected within the Fiscal Year of
the Levy Total Collections to Date
(dollars expressed in thousands)
Total
Tax Levy for
Fiscal Year (1)
Collections in
Subsequent
Years
-262-
General Pension Full Faith Notes
Fiscal Obligation Obligation and Credit from Direct Right-of Use
Year Bonds Bonds Obligations Borrowings Loans Obligations
2015 90 10,536 42,957 - - -
2016 - 10,235 38,387 1,926 - -
2017 - 9,899 35,985 1,726 - -
2018 - 9,522 33,507 1,525 - -
2019 - 9,099 31,516 1,317 - -
2020 - 8,595 29,464 1,108 - -
2021 - 7,790 26,611 894 - -
2022 - 6,870 23,715 680 - 2,127
2023 - 5,830 21,492 459 - 4,113
2024 - 4,660 39,947 233 - 8,955
(1) See page 269 for personal income and population data.
n/a - Not available.
Deschutes County, Oregon
Ratios of Outstanding Debt by Type - Last Ten Fiscal Years
(dollars in thousands, except per capita)
Limited Tax Bonds
Governmental Activities
-263-
General Full Faith Notes Total Percentage
Obligation and Credit from Direct Right-of Use Primary of Personal Per
Bonds Obligations Borrowings Loans Obligations Government Income (1) Capita (1)
5,247 13,200 - 343 - 72,373 0.87% 434.93
2,595 4,666 8,127 - - 65,936 0.73% 386.18
- 4,451 7,420 - - 59,481 0.61% 336.75
- 4,200 6,699 - - 55,453 0.52% 303.14
- 3,976 5,965 - - 51,873 0.46% 274.49
- 3,744 5,220 - - 48,131 0.41% 249.38
- 3,507 4,459 - - 43,261 0.32% 219.58
- 3,437 3,692 - 14 40,534 0.27% 199.29
- 24,232 2,906 - 10 59,041 n/a 284.45
- 23,237 2,107 - 5 79,144 n/a 373.07
TotalBusiness-Type Activities
-264-
General Bonded/Gross Direct Debt
2015 2016 2017 2018
General Obligation Bonds (1) 5,337 2,595 - -
Limited Tax Bonds 66,693 53,288 50,335 47,229
Notes from Direct Borrowings - 10,053 9,146 8,224
Loans - - - -
Less: Amounts available in debt service fund (2) (358) (264) - -
71,672 65,672 59,481 55,453
Debt as a percentage of
estimated actual taxable value of property (3) 0.28% 0.23% 0.18% 0.15%
General Bonded/ Gross Direct Debt per Capita (4) 431 385 337 303
Note: Details regarding the County's outstanding debt can be found in the notes to the financial statements.
(1) This is the general bonded debt of both governmental and business-type activities.
(2) This is the amount restricted for debt service principal payments.
(3) See the Schedule of Assessed Value and the Estimated Actual Value of Taxable Property (pages 255-256)
(4) Population data can be found in the Schedule of Demographic and Economic Statistics (page 269).
Deschutes County, Oregon
Ratios of General Bonded Debt Outstanding - Last Ten Fiscal Years
(dollars in thousands, except per capita)
Fiscal Year
-265-
2019 2020 2021 2022 2023 2024
- - - - - -
44,591 41,803 37,908 34,021 51,553 67,844
7,282 6,328 5,353 4,372 3,365 2,340
- - - - - -
- - - - - -
51,873 48,131 43,261 38,393 54,918 70,184
0.13% 0.11% 0.09% 0.07% 0.10% 0.10%
274 249 220 189 265 331
Fiscal Year
-266-
Debt
Outstanding
Estimated
Percentage
Applicable
Amount
Applicable to
Primary
Government
Debt repaid with property taxes
Alfalfa RFPD 180$ 93.5600% 168$
Bend Metro Park & Rec District 18,093 100.0000% 18,093
Central Oregon Community College 36,015 84.8600% 30,561
Central Oregon Regional Housing Authority 2,550 100.0000% 2,550
City Of Bend 254,087 100.0000% 254,087
City Of La Pine 1,327 100.0000% 1,327
City Of Redmond 37,496 100.0000% 37,496
Cloverdale RFPD 1,795 100.0000% 1,795
Crook Cty School District 41,825 0.5000% 209
Crooked River Ranch RFPD 1,735 8.9100% 155
Deschutes Cty RFPD 2 (Bend)7,620 100.0000% 7,620
Deschutes Cty SD 1 (Bend-La Pine)433,895 100.0000% 433,895
Deschutes Cty SD 2J (Redmond)187,942 93.8800% 176,442
Deschutes Cty SD 6 (Sisters)41,213 99.9700% 41,202
Deschutes Public Library District 185,300 100.0000% 185,300
High Desert ESD 4,822 90.8700% 4,382
Howell Hilltop Acres Spec Rd District 165 100.0000%165
Lapine Parks & Recreation District 245 100.0000%245
Lazy River Special Road District 10 100.0000%10
Redmond Area Park & Recreation District 18 100.0000%18
Redmond Fire & Rescue 2,346 99.8400%2,342
Sisters RFPD (Camp Sherman)665 89.5400%595
Terrebonne Water District 340 100.0000%340
Subtotal, overlapping debt 1,198,997
Deschutes County direct debt 53,794
Total direct and overlapping debt 1,252,791$
Sources: Oregon State Treasury, Debt Management Information System.
Note: Overlapping governments are those that coincide, at least in part, with the geographic boundaries
of the County. This schedule estimates the portion of the outstanding debt of those overlapping governments that is
borne by the residents and businesses of Deschutes County. This process recognizes that, when considering the
County's ability to issue and repay long-term debt, the entire debt burden borne by the property taxpayers should be
taken into account. However, this does not imply that every taxpayer is a resident, and therefore, responsible for
repaying the debt, of each overlapping government. Net property-tax backed debt was used as the Debt
Outstanding which is derived from the gross property-tax backed debt less self-supporting unlimited general
obligations and self supporting limited tax general obligation debt. The direct debt is the total amount of the
governmental activities from the "Ratios of Outstanding Debt by Type" Schedule.
Deschutes County, Oregon
June 30, 2024
(dollars in thousands)
Governmental Unit
Direct and Overlapping Governmental Activities Debt
-267-
Estimated actual value 80,570,945$ Estimated actual value 80,570,945$
Debt limit (2% of estimated actual value) (1) 1,611,419 Debt limit (1% of estimated actual value) (2) 805,709
Debt applicable to limit: Debt applicable to limit:
General obligation bonds -$ Limited tax bonds 44,607$
Less: Amount held for repayment of debt - Less: Amount held for repayment of debt -
Total net debt applicable to limit -$ Total net debt applicable to limit 44,607$
Legal debt margin 1,611,419$ Legal debt margin 761,102$
(1) ORS 287A.100 provides a debt limit on general obligation bonds of 2% of the real market value of all taxable
property within the County's boundaries. This became effective January 1, 2008 superseding ORS 287.054.
(2) ORS 287A.105 provides a debt limit on full faith and credit bonds of 1% of the real market value of all taxable
property within the County's boundaries. This became effective January 1, 2008 superseding ORS 287.053.
Deschutes County, Oregon
(dollars in thousands)
Legal Debt Margin Calculation for Fiscal Year 2024
Legal Debt Margin Information - Last Ten Fiscal Years
-268-
Deschutes County, Oregon
Legal Debt Margin Information - Last Ten Fiscal Years
(dollars in thousands)
2015 2016 2017 2018 2019
Debt Limit (2%) (1)507,239$ 577,687$ 648,312$ 735,733$ 824,609$
Total net debt applicable to limit 5,337 2,595 - - -
Legal debt margin 501,902$ 575,092$ 648,312$ 735,733$ 824,609$
Total net debt applicable to the limit
as a percentage of debt limit 1.05%0.45%0.00%0.00%0.00%
Debt Limit (1%) (2)253,619$ 288,843$ 324,156$ 367,867$ 412,304$
Total net debt applicable to limit 53,231 50,357 47,610 42,350 39,049
Legal debt margin 200,388$ 238,486$ 276,546$ 325,517$ 373,255$
Total net debt applicable to the limit
as a percentage of debt limit 20.99%17.43%14.69%11.51%9.47%
(1) ORS 287A.100 provides a debt limit on general obligation bonds of 2% of the real market value of all taxable
property within the County's boundaries. This became effective January 1, 2008 superseding ORS 287.054.
(2) ORS 287A.105 provides a debt limit on full faith and credit bonds of 1% of the real market value of all taxable
property within the County's boundaries. This became effective January 1, 2008 superseding ORS 287.053.
Fiscal Year
-269-
2020 2021 2022 2023 2024
897,925$ 958,320$ 1,122,878$ 1,463,703$ 1,611,419$
- - - - -
897,925$ 958,320$ 1,122,878$ 1,463,703$ 1,611,419$
0.00%0.00%0.00%0.00%0.00%
448,963$ 479,160$ 561,439$ 731,851$ 805,709$
36,639 33,124 30,585 27,322 44,607
412,324$ 446,036$ 530,854$ 704,529$ 761,102$
8.16%6.91%5.45%3.73%5.54%
Fiscal Year
-270-
Personal Per
Income Capita Public
(thousands Personal Median School Unemployment
Year Population of dollars)Income Age Enrollment Rate
2015 166,400 8,189,375 47,253 40.82 25,302 5.9%
2016 170,740 8,921,964 49,709 40.96 25,598 4.9%
2017 176,635 9,744,419 52,566 41.13 26,446 4.2%
2018 182,930 10,529,174 55,443 41.33 26,868 4.1%
2019 188,980 11,265,156 57,689 41.50 27,008 3.9%
2020 193,000 12,781,035 64,080 41.63 27,237 9.1%
2021 197,015 14,408,123 70,161 41.82 25,687 6.0%
2022 203,390 14,794,468 71,627 42.64 25,576 4.2%
2023 207,561 n/a n/a 43.28 25,593 4.4%
2024 212,141 n/a n/a 42.88 25,321 3.9%
Sources:Population data provided by Portland State University, Population Research Center. Prior to
fiscal year 2024, personal income and per capita personal income information was provided by
Portland State University, Population Research Center and Federal Reserve Economic Data. Historical
data for these statistics have been updated to reflect information provided by the U.S Bureau of
Economic Analysis. School enrollment provided by the Oregon Department of Education. Unemployment
provided by Oregon Employment Department, Oregon Labor Market Information System.
Note:Population information are Census Bureau midyear population estimates. Estimates for July 1, 2023,
reflect county population estimates available as of April 2024. Median age figures for 2015-2024
are based on mid-year data tables. School enrollment is based on the census at the start of the 2023-24
school year. Unemployment rate information, reported as an annual average, is not seasonally adjusted.
Unemployment rate for 2024 is an average of July 2023 through June 2024.
n/a - Not available.
Deschutes County, Oregon
Demographic and Economic Statistics - Last Ten Calendar Years
-271-
Percentage of Percentage of
Total County Total County
Employees Rank Employment Employees Rank Employment
St. Charles Health System 4,565 1 4.43%2,838 1 3.81%
Bend/La Pine School District 2,300 2 2.23%1,937 2 2.60%
Deschutes County 1,243 3 1.21%1,044 3 1.40%
Mt. Bachelor 1,117 4 1.08%775 6 1.04%
Sunriver Resort 950 5 0.92%900 4 1.21%
Redmond School District 919 6 0.89%819 5 1.10%
Central Oregon Community College 830 7 0.81%652 8 0.88%
Safeway 810 8 0.79%
City of Bend 763 9 0.74%
Summit Health (formerly Bend Memorial Clinic)736 10 0.71%652 7 0.88%
IBEX (formerly TRG Solutions & ISKY)595 9 0.80%
Consumer Cellular 585 10 0.78%
14,233 13.81%10,797 14.50%
Total County Nonfarm Employment 103,085 100.00%74,490 100.00%
Sources: Deschutes County Finance Department, Economic Development for Central Oregon,
and the Oregon Employment Department.
Employer
Total Employees of Principal Employers
Deschutes County, Oregon
2024 2015
Principal Employers - Current Year and Nine Years Ago
-272-
-273-
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Function/Program
General government
Executive 9.75 9.75 9.75 9.75 9.75 10.75 10.75 10.75 11.75 12.75
General services
Judicial 52.05 54.05 54.55 57.30 59.50 65.60 63.30 69.00 71.10 71.80
Financial 38.53 39.53 39.73 39.73 40.23 40.23 41.23 41.23 46.23 49.03
Assessment 31.00 33.00 33.00 34.26 35.26 33.26 33.26 31.00 32.26 29.63
Community development 19.30 20.30 25.10 27.50 30.50 29.50 30.50 32.50 32.10 24.40
Building services 23.80 25.20 25.00 25.00 26.00 18.60 21.60 21.75 23.75 24.75
Information technology 16.30 16.00 15.70 15.70 15.70 15.70 15.70 16.70 15.70 18.00
Other 4.47 4.32 4.62 4.62 4.62 4.62 6.82 5.82 8.82 7.52
Public protection
Law enforcement 113.75 113.75 113.75 115.25 117.45 117.50 124.00 127.50 129.25 125.55
Corrections 188.60 199.10 200.10 202.00 205.00 195.75 188.25 185.50 178.25 178.20
Protective inspection 14.70 15.70 19.90 25.50 24.50 24.50 23.50 27.30 25.70 22.60
Other protection 52.50 57.50 59.00 60.00 60.00 54.00 54.00 55.00 52.57 55.15
Public works
Streets & highways 52.75 53.50 54.00 54.00 56.00 54.00 55.00 56.00 56.00 59.00
Sanitation 22.50 23.50 23.50 24.50 25.50 24.00 21.00 24.00 30.00 37.00
Health & welfare
Health services 248.00 265.25 303.85 313.45 309.95 291.95 330.78 353.75 382.10 385.43
Recreation & culture
Fair & expo center 11.00 11.00 12.00 12.00 12.00 10.92 10.00 8.00 11.75 13.50
Other
Conservation 2.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Economic development 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total 901.00 941.45 993.55 1,020.56 1,031.96 990.88 1,029.69 1,065.80 1,107.33 1,114.31
Source: Deschutes County Finance Department.
Note: Above amounts are for Primary Government.
Deschutes County, Oregon
Full-Time Equivalent County Government Employees by Function/Program - Last Ten Fiscal Years
-274-
Deschutes County, Oregon
Operating Indicators by Function/Program - Last Ten Fiscal Years
2015 2016 2017 2018
Function/Program
General government
Building permits issued for new homes 355 440 555 549
Total building permits issued 1142 1309 1427 1594
Police
Physical arrests 1,545 1,568 1,797 1,791
Traffic violations
Citations issued 2,189 2,104 2,159 2,412
Warnings 1,883 1,547 1,159 908
Calls for service 35,664 34,535 35,285 34,893
Traffic stops 14,698 10,533 12,608 12,539
Solid waste
Solid waste collected (tons)193,779 203,896 226,325 240,844
2,385 2,451 2,591 2,727
Recyclables collected (tons)74,097 72,940 80,234 79,757
Road
Street resurfacing (miles)7.6 14.57 8.07 5.28
911 emergency services
Emergency calls 60,460 62,181 64,158 64,047
Police officer initiated calls 250,369 252,333 256,923 250,834
Fire department initiated calls 23,655 25,308 27,426 26,894
Mental health crisis calls
Average annual per capita waste
Fiscal Year
Source: Deschutes County Community Development Department, Deschutes County Sheriff's Office,
Deschutes County Solid Waste Department, Deschutes County Road Department, and
9-1-1 County Service District.
-275-
2019 2020 2021 2022 2023 2024
574 586 744 698 393 402
1,564 1,589 1,885 1,927 1,557 1,357
1,810 1,463 964 1,271 1,507 1,573
2,382 1,905 1,832 1,580 1,007 1,486
949 731 571 646 544 513
35,014 38,823 36,601 35,602 35,303 33,625
13,532 12,225 10,915 12,158 9,940 11,332
238,955 263,464 267,940 296,470 309,429 310,342
2,959 2,788 2,777 3,010 2,165 2,177
60,958 83,472 84,347 98,491 89,304 84,413
8.19 10.63 95.76 92.56 52.13 91.94
68,434 71,987 75,179 77,685 76,870 67,513
261,196 247,085 242,077 216,636 226,877 221,828
27,856 27,670 31,089 30,767 31,511 32,513
3,463
Fiscal Year
-276-
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Function/Program
Public Safety
Stations 4444444444
Adult correctional facilities 2222222222
Special services complex 1111111111
Road
Streets (miles) 927 927 927 931 917 929 929 927 925 925
Streetlights 4 4 32 32 32 35 74 74 94 108
Flashing lights 5455521111
Signals 3333333344
Sources: Deschutes County Road Department and the Deschutes County Sheriff's Office.
Fiscal Year
Deschutes County, Oregon
Capital Assets Statistics by Function/Program - Last Ten Fiscal Years
-277-
Audit Comments and Disclosures Required
by State Regulations
For the Fiscal Year Ended June 30, 2024
Deschutes County, Oregon
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Deschutes County, Oregon
Audit Comments and Disclosures Required by State Regulations
June 30, 2024
Oregon Administrative Rules 162-010-000 through 162-010-0330 of the Minimum Standards for
Audits of Oregon Municipal Corporations, prescribed by the Secretary of State in cooperation with
the Oregon State Board of Accountancy, enumerate the financial statements, schedules, comments
and disclosures required in audit reports. The required statements and schedules are set forth in
the preceding sections of this report. Required comments and disclosures related to the audit of
such statements and schedules are set forth in the following pages.
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Report of Independent Auditors Required by Oregon State
Regulations
Deschutes County Board of Commissioners
Deschutes County, Oregon
Bend, Oregon
We have audited, in accordance with auditing standards generally accepted in the United States of
America and the standards applicable to financial audits contained in Government Auditing Standards
issued by the Comptroller General of the United States the financial statements of the governmental
activities, the business-type activities, each major fund, and the aggregate remaining fund information
of Deschutes County, Oregon (the “County”) as of and for the year ended June 30, 2024, and the
related notes to the financial statements, which collectively comprise the County’s basic financial
statements, and have issued our report thereon dated December 4, 2024.
Compliance
As part of obtaining reasonable assurance about whether the County’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:
Accounting records and internal control
Public fund deposits
Indebtedness
Budget
Insurance and fidelity bonds
Programs funded from outside sources
Highway funds
Investments
Public contracts and purchasing
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In connection with our testing, nothing came to our attention that caused us to believe the County
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.
Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we considered the County’s internal
control over financial reporting (internal control) as a basis for designing audit procedures that are
appropriate in the circumstances for the purpose of expressing our opinions on the financial
statements, but not for the purpose of expressing an opinion on the effectiveness of the County’s
internal control. Accordingly, we do not express an opinion on the effectiveness of the County’s
internal control.
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 consider 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 Board of Commissioners and
management of the County 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 4, 2024
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Single Audit Section
June 30, 2024
Deschutes County, Oregon
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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 Board of Commissioners
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, the business-type activities, each major fund, and the aggregate remaining
fund information of the Deschutes County, Oregon (the “County”) as of and for the year ended
June 30, 2024, and the related notes to the financial statements, which collectively comprise the
County’s basic financial statements, and have issued our report thereon dated December 4, 2024.
Report on Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we considered the County’s internal
control over financial reporting (internal control) as a basis for designing audit procedures that are
appropriate in the circumstances for the purpose of expressing our opinions on the financial
statements, but not for the purpose of expressing an opinion on the effectiveness of the County’s
internal control. Accordingly, we do not express an opinion on the effectiveness of the County’s
internal control.
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 consider to be material weaknesses. However, material
weaknesses or significant deficiencies may exist that were not identified.
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Report on Compliance and Other Matters
As part of obtaining reasonable assurance about whether the County’s financial statements are free
from material misstatement, we performed tests of its compliance with certain provisions of laws,
regulations, contracts, and grant agreements, noncompliance with which could have a direct and
material effect on the 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
entity’s internal control or on compliance. This report is an integral part of an audit performed in
accordance with Government Auditing Standards in considering the entity’s internal control and
compliance. Accordingly, this communication is not suitable for any other purpose.
Eugene, Oregon
December 4, 2024
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Report of Independent Auditors on Compliance for Each
Major Federal Program and Report on Internal Control Over
Compliance as Required by the Uniform Guidance
Deschutes County Board of Commissioners
Deschutes County, Oregon
Bend, Oregon
Report on Compliance for Each Major Federal Program
Opinion on Each Major Federal Program
We have audited Deschutes County, Oregon’s (the “County”) compliance with the types of
compliance requirements described in the OMB Compliance Supplement that could have a direct and
material effect on the County's major federal programs for the year ended June 30, 2024. The
County's major federal programs are identified in the summary of auditor's results section of the
accompanying schedule of findings and questioned costs.
In our opinion, the County complied, in all material respects, with the compliance requirements
referred to above that could have a direct and material effect on each of its major federal programs
for the year ended June 30, 2024.
Basis for Opinion on Each Major Federal Program
We conducted our audit of compliance in accordance with auditing standards generally accepted in
the United States of America (GAAS); the standards applicable to financial audits contained in
Government Auditing Standards issued by the Comptroller General of the United States (Government
Auditing Standards); and the audit requirements of Title 2 U.S. Code of Federal Regulations Part 200,
Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards
(Uniform Guidance). Our responsibilities under those standards and the Uniform Guidance are further
described in the Auditor’s Responsibilities for the Audit of Compliance section of our report.
We are required to be independent of the County and to meet our other ethical responsibilities, in
accordance with 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 opinion on
compliance for each major federal program. Our audit does not provide a legal determination of the
County’s compliance with the compliance requirements referred to above.
Responsibilities of Management for Compliance
Management is responsible for compliance with the requirements referred to above and for the
design, implementation, and maintenance of effective internal control over compliance with the
requirements of laws, statutes, regulations, rules, and provisions of contracts or grant agreements
applicable to the County’s federal programs.
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Auditor’s Responsibilities for the Audit of Compliance
Our objectives are to obtain reasonable assurance about whether material noncompliance with the
compliance requirements referred to above occurred, whether due to fraud or error, and express an
opinion on the County's compliance based on our audit. 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, Government Auditing Standards, and the Uniform Guidance will always
detect material noncompliance when it exists. The risk of not detecting material noncompliance
resulting from fraud is higher than for that resulting from error, as fraud may involve collusion, forgery,
intentional omissions, misrepresentations, or the override of internal control. Noncompliance with the
compliance requirements referred to above is considered material, if there is a substantial likelihood
that, individually or in the aggregate, it would influence the judgment made by a reasonable user of
the report on compliance about the County's compliance with the requirements of each major federal
program as a whole.
In performing an audit in accordance with GAAS, Government Auditing Standards, and the Uniform
Guidance, we
Exercise professional judgment and maintain professional skepticism throughout the audit.
Identify and assess the risks of material noncompliance, 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 County's compliance with the compliance
requirements referred to above and performing such other procedures as we considered
necessary in the circumstances.
Obtain an understanding of the County's internal control over compliance relevant to the audit in
order to design audit procedures that are appropriate in the circumstances and to test and report
on internal control over compliance in accordance with the Uniform Guidance, but not for the
purpose of expressing an opinion on the effectiveness of the County's internal control over
compliance. Accordingly, no such opinion is expressed.
We are required to communicate with those charged with governance regarding, among other
matters, the planned scope and timing of the audit and any significant deficiencies and material
weaknesses in internal control over compliance that we identified during the audit.
Report on Internal Control Over Compliance
A deficiency in internal control over compliance exists when the design or operation of a control over
compliance does not allow management or employees, in the normal course of performing their
assigned functions, to prevent, or detect and correct, noncompliance with a type of compliance
requirement of a federal program on a timely basis. A material weakness in internal control over
compliance is a deficiency, or a combination of deficiencies, in internal control over compliance such
that there is a reasonable possibility that material noncompliance with a type of compliance
requirement of a federal program will not be prevented, or detected and corrected, on a timely basis.
A significant deficiency in internal control over compliance is a deficiency, or a combination of
deficiencies, in internal control over compliance with a type of compliance requirement of a federal
program that is less severe than a material weakness in internal control over compliance, yet
important enough to merit attention by those charged with governance.
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Our consideration of internal control over compliance was for the limited purpose described in the
Auditor’s Responsibilities for the Audit of Compliance section above and was not designed to identify
all deficiencies in internal control over compliance that might be material weaknesses or significant
deficiencies in internal control over compliance. Given these limitations, during our audit we did not
identify any deficiencies in internal control over compliance that we consider to be material
weaknesses, as defined above. However, material weaknesses or significant deficiencies in internal
control over compliance may exist that were not identified.
Our audit was not designed for the purpose of expressing an opinion on the effectiveness of internal
control over compliance. Accordingly, no such opinion is expressed.
The purpose of this report on internal control over compliance is solely to describe the scope of our
testing of internal control over compliance and the results of that testing based on the requirements of
the Uniform Guidance. Accordingly, this report is not suitable for any other purpose.
Eugene, Oregon
December 4, 2024
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Deschutes County, Oregon
Schedule of Expenditures of Federal Awards
For the Fiscal Year Ended June 30, 2024
Federal
Assistance
Listing Number
Award or
Pass-Through
Number Expenditures
Amounts
Provided To
Subrecipients
Department of Agriculture
Direct Programs
Forest Service
Law Enforcement Agreements 10.704 20LE11060100002 40,327$ -
Partnership Agreements - Oregon Living With Fire 10.699 23-PA-11060100-027 60,000 -
Pass Through Programs
State Department of Education
School Breakfast Program 10.553 0904001 4,499 -
National School Lunch Program 10.555 0904001 8,352 -
Total Child Nutrition Cluster 12,851
Oregon Health Authority
Special Supplemental Nutrition Program for
Women, Infants and Children 10.557 180009 746,079 -
Oregon Department of Forestry
Cooperative Forestry Assistance - Deschutes County
Buttes to Basins Joint Chiefs 10.664 21-PA-11060100-025 10,089 -
Total Department of Agriculture 869,346 -
Department of the Interior
Pass Through Programs
State Department of Administrative Services
Non-Sale Disposals of Mineral Material 15.214 None 131,028 -
Bureau of Land Management
BLM Fuels Management and Community Fire
Assistance Program Activities 15.228 L22AC00488-00 34,450 -
Total Department of the Interior 165,478 -
The notes to the schedule of expenditures of federal awards are an integral part of this statement.
Federal Grantor / Pass Through Grantor / Program Title
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Deschutes County, Oregon
Schedule of Expenditures of Federal Awards
For the Fiscal Year Ended June 30, 2024
Federal
Assistance
Listing Number
Award or
Pass-Through
Number Expenditures
Amounts
Provided To
Subrecipients Federal Grantor / Pass Through Grantor / Program Title
Department of Justice
Direct Programs
Office of Community Oriented Policing Services
Public Safety Partnership and Community
Policing Grants 16.710 2020MHWXK032 9,614 -
Violence Against Women Office
Violence Against Women Formula Grants 16.588 VAWA-C-2023-DeschutesCo 92,165 2,947
Grants to Encourage Arrest Policies and Enforcement
of Protection Orders Program 16.590 15JOVW-21-GG-02038-ICJR 173,894 42,122
Criminal and Juvenile Justice and Mental Health
Collaboration Program 16.745 2018-MO-BX-0029 55,025 -
Crime Victim Assistance 16.575 VOCA/CFA-2021-DeschutesCo 19,455 -
Crime Victim Assistance 16.575 VOCA/CFA-2023-DeschutesCo 190,763 -
Pass Through Programs
State Department of Justice
Crime Victim Assistance 16.575 VOCA/CFA-2021-DeschutesCo 61,357 -
Crime Victim Assistance 16.575 VOCA/CFA-2023-DeschutesCo 83,012 -
Subtotal Assistance Listing #16.575 354,587
Total Department of Justice 685,285 45,069
Department of Transportation
Direct Programs
Western Federal Lands Highway Division
Federal Lands Access Program 20.224 6905672340010 342,290
Pass Through Programs
Oregon Department of Transportation
Enhanced Mobility of Seniors and
Individuals with Disabilities 20.513 35459 50,572 -
Total Transit Services Programs Cluster 50,572
National Priority Safety Programs 20.616 M5X-23-12-01 10,000
Total Highway Safety Cluster 10,000
Total Department of Transportation 402,862 -
The notes to the schedule of expenditures of federal awards are an integral part of this statement.
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Deschutes County, Oregon
Schedule of Expenditures of Federal Awards
For the Fiscal Year Ended June 30, 2024
Federal
Assistance
Listing Number
Award or
Pass-Through
Number Expenditures
Amounts
Provided To
Subrecipients Federal Grantor / Pass Through Grantor / Program Title
Department of Health and Human Services
Direct Programs
National Environmental Health Association
Food and Drug Administration Research 93.103 G-OAME-202209-02542 17,800 -
Food and Drug Administration Research 93.103 G-BDEV2-202209-02539 14,027 -
Food and Drug Administration Research 93.103 G-BDEV2-202209-02547 13,338 -
Food and Drug Administration Research 93.103 G-BDEV2-202310-04827 3,293 -
Subtotal Assistance Listing #93.103 48,458
Substance Abuse and Mental Health Services Administration
Comprehensive Community Mental Health Services
for Children with Serious Emotional Disturbances 93.104 H79SM082952 918,403 96,440
Environmental Health 93.113 P0542Q-D 17,888 -
Drug-Free Communities Support Program Grants 93.276 180009 80,837 -
Substance Abuse and Mental Health Services Projects
of Regional and National Significance 93.243 H79SM080555 212,974 -
Pass Through Programs
Oregon Health Authority
Substance Abuse and Mental Health Services Projects
of Regional and National Significance 93.243 180009/162239 244,641 -
Subtotal Assistance Listing #93.243 457,615
Public Health Emergency Preparedness 93.069 180009 112,916 -
Medical Reserve Corps Small Grant Program 93.008 180009 108,142 -
Projects for Assistance in Transition from
Homelessness 93.150 026008 101,405 -
Family Planning Services 93.217 180009 32,198 -
Title V State Sexual Risk Avoidance Education 93.235 179779 82,000 -
Immunization Cooperative Agreements 93.268 180009 316,033 -
COVID-19 - Epidemiology and Laboratory
Capacity for Infectious Diseases 93.323 180009 446,879 -
Public Health Emergency Response: Cooperative
Agreement for Emergency Response: Public Health
Crisis Response 93.354 180009 214,557 -
HIV Prevention Activities Health Department Based 93.940 026008 16,056 -
Block Grants for Community Mental Health Services 93.958 182412/026008/173944 1,105,802 -
Block Grants for Prevention and Treatment of
Substance Abuse 93.959 026008/180009 585,652 74,000
CDC's Collaboration with Academia to Strengthen
Public Health 93.967 180009 148,958 -
Maternal and Child Health Services Block
Grant to States 93.994 180009 164,425 -
Total Department of Health and Human Services 4,958,224 170,440
The notes to the schedule of expenditures of federal awards are an integral part of this statement.
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Deschutes County, Oregon
Schedule of Expenditures of Federal Awards
For the Fiscal Year Ended June 30, 2024
Federal
Assistance
Listing Number
Award or
Pass-Through
Number Expenditures
Amounts
Provided To
Subrecipients Federal Grantor / Pass Through Grantor / Program Title
Department of Homeland Security
Pass Through Programs
Oregon Military Department - Office of Emergency Management
Hazard Mitigation Grant Program 97.039 HMGP-PF-FM-5195-13 247,031 -
Emergency Management Performance Grants 97.042 22-508 112,151 -
Total Department of Homeland Security 359,182 -
Department of the Treasury
Direct Programs
Immigration and Customs Enforcement/Homeland Security Investigations
Equitable Sharing Program 21.016 OR0090000 45,903 -
Department of the Treasury
COVID-19 - Coronavirus State and Local Fiscal
Recovery Funds 21.027 None 3,762,562 2,868,923
Pass Through Programs
Oregon Health Authority
COVID-19 - Coronavirus State and Local Fiscal
Recovery Funds 21.027 179643 685,558 -
Subtotal Assistance Listing #21.027 4,448,120
Total Department of the Treasury 4,494,023 2,868,923
Total Federal Assistance 11,934,400$ 3,084,432$
The notes to the schedule of expenditures of federal awards are an integral part of this statement.
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Deschutes County, Oregon
Notes to Schedule of Expenditures for Federal Awards
June 30, 2024
NOTE 1 – PURPOSE OF THIS SCHEDULE
The accompanying Schedule of Expenditures of Federal Awards (Schedule) is a supplementary schedule to
Deschutes County, Oregon’s (the County) basic financial statements and is presented for purpose of
additional analysis. Because the Schedule presents only a selected portion of the operations
of the County, it is not intended to and does not present the financial position, changes in net position, or
cash flows of the County.
NOTE 2 – SIGNIFICANT ACCOUNTING POLICIES
Reporting Entity
The reporting entity is fully described in Note 1 of the County’s basic financial statements. The schedule
includes all federal programs administered by the primary government for the fiscal year ended
June 30, 2024.
Basis of Presentation
The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of
Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements
for Federal Awards (Uniform Guidance).
Federal Financial Assistance
Pursuant to the Uniform Guidance, federal financial assistance is defined as assistance provided by a
federal agency, either directly or indirectly, in the form of grants, contracts, cooperative agreements,
loans, loan guarantees, property, interest subsidies, insurance, or direct appropriations. Accordingly,
nonmonetary financial assistance, including federal surplus property, is included in federal financial
assistance and is reported on the Schedule (if applicable). Federal financial assistance does not include
direct federal cash assistance to individuals. Solicited contracts between the County and the federal
government for which the federal government procures tangible goods or services are not considered to
be financial assistance.
The County has elected to use the 10% de minimis cost rate.
Basis of Accounting
Receipts and expenditures are accounted for using the modified accrual basis of accounting. Revenues are
recorded when measurable and available, or in the case of grants where expenditure is the prime factor
for determining eligibility, when the expenditure is made. Expenditures are recorded when a liability is
incurred.
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Deschutes County, Oregon
Schedule of Findings and Questioned Costs
For the Year Ended June 30, 2024
Section I – Summary of Auditor’s Results
Financial Statements
Type of report the auditor issued on whether the financial
statements audited were prepared in accordance with GAAP: Unmodified
Internal control over financial reporting:
Material weakness(es) identified? Yes No
Significant deficiency(ies) identified? Yes None reported
Noncompliance material to financial statements noted? Yes No
Federal Awards
Internal control over major federal programs:
Material weakness(es) identified? Yes No
Significant deficiency(ies) identified? Yes None reported
Any audit findings disclosed that are required to be reported
in accordance with 2 CFR 200.516(a)? Yes No
Identification of major federal programs and type of auditor’s report issued on compliance for major
federal programs:
Federal Assistance
Listing Number Name of Major Federal Program or Cluster
Type of Auditor’s Report
Issued on Compliance for
Major Federal Programs
21.027
COVID-19 - Coronavirus State and Local Fiscal
Recovery Funds
Unmodified
93.958 Block Grants for Community Mental Health
Services
Unmodified
Dollar threshold used to distinguish between type A and type
B programs: $ 750,000
Auditee qualified as low-risk auditee? Yes No
Section II – Financial Statement Findings
None reported
Section III – Federal Award Findings and Questioned Costs
None reported
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