Board adopts multiple supplemental budgets to reconcile FY26 beginning working capital

During the Dec. 17 meeting, the Deschutes County Board conducted multiple public hearings required by Oregon local budget law and adopted a series of supplemental budget resolutions to reflect true beginning working capital and to adjust appropriations for FY26.

Key items adopted included adjustments associated with the newly established PERS reserve fund and transfers to a PERS debt service fund; the Fair & Expo Center reduced revenue and expense projections after self-produced events were not scheduled; and beginning working capital true-ups across multiple funds raised total countywide appropriations by approximately $17.6 million. The board also approved supplemental budgets for the 911 Service District and the Sunriver Service District to recognize revised beginning working capital and carryover project expenditures.

Each hearing was opened and, with minimal or no public testimony, the board adopted the recommended resolutions. Staff explained many adjustments reflect timing differences in expenditures and carryforward of funds; finance staff said the adopted changes will be reflected in next month’s financial reports.

Why it matters: The actions align legal budget records with actual fiscal year 2025 close-out numbers and ensure departments’ FY26 appropriations reflect available resources and committed project spending. Several items (e.g., PERS strategy and reserve allocations) have multi-year budgetary implications.

Next steps: Finance will present updated monthly financials reflecting the board’s actions in the next reporting cycle and departments will proceed under the revised appropriations.