HomeMy WebLinkAboutAgenda Packet 12-9-19 MeetingDecember 9, 2019, Meeting
EUGENE CITY COUNCIL AGENDA
December 9, 2019
7:30 p.m. CITY COUNCIL MEETING AND MEETING OF THE
EUGENE URBAN RENEWAL AGENCY Harris Hall, 125 East 8th Avenue
Eugene, Oregon 97401
Meeting of December 9, 2019;
Her Honor Mayor Lucy Vinis Presiding
Councilors Betty Taylor, President Emily Semple, Vice President Greg Evans Chris Pryor Mike Clark Claire Syrett Jennifer Yeh Alan Zelenka
7:30 p.m. CITY COUNCIL MEETING AND MEETING OF THE
EUGENE URBAN RENEWAL AGENCY
1. PUBLIC FORUM
2. CONSENT CALENDAR
A. Approval of City Council Minutes
o November 12, 2019, Work Session
o November 12, 2019, Meeting
o November 13, 2019, Work Session
o November 18, 2019, Work Session
o November 18, 2019, Public Hearing
o November 20, 2019, Work Session
B. Approval of City Council Tentative Agenda
C. Adoption of a Resolution Acknowledging Receipt of City of Eugene,
Comprehensive Annual Financial Report for the Fiscal Year Ended June 30,
2019
D. Approval of Sustainability Commission Work Plan
3. URA ACTION: Resolution Acknowledging Receipt of the Annual Financial Report
of the Urban Renewal Agency of the City of Eugene for the Fiscal Year Ended June
30, 2019
December 9, 2019, Meeting
4. PUBLIC HEARING and ACTION: A Resolution Adopting a Supplemental Budget;
Making Appropriations for the City of Eugene for the Fiscal Year Beginning July 1,
2019 and Ending June 30, 2020
5. URA PUBLIC HEARING and ACTION: A Resolution Adopting a Supplemental
Budget; Making Appropriations for the Urban Renewal Agency of the City of
Eugene for the Fiscal Year Beginning July 1, 2019, and Ending June 30, 2020
The Eugene City Council welcomes your interest in these agenda items. This meeting location is wheelchair-accessible. For the hearing impaired, an interpreter can be provided with 48 hours' notice prior to the meeting. Spanish-language interpretation will also be provided with 48 hours' notice. To arrange for these services, contact the receptionist at 541-682-5010. City Council meetings are telecast live on Metro Television, Comcast channel 21, and rebroadcast later in the week. El consejo de la Ciudad de Eugene agradece su interés en estos asuntos de la agenda. El lugar de la reunión tiene acceso para sillas de ruedas. Se puede proveer a un intérprete para las personas con discapacidad auditiva si avisa con 48 horas de anticipación. También se puede proveer interpretación para español si avisa con 48 horas de anticipación. Para reservar estos servicios llame al 541-682-5010. Las reuniones del consejo de la ciudad se transmiten en vivo por Metro Television, Canal 21 de Comcast y son retransmitidas durante la semana.
For more information, contact the Council Coordinator at 541-682-5010, or visit us online at www.eugene-or.gov.
December 9, 2019, Meeting
The Eugene City Council welcomes your interest in these agenda items. This meeting location is wheelchair-accessible. For the hearing impaired, an interpreter can be provided with 48 hours' notice prior to the meeting. Spanish-language interpretation will also be provided with 48 hours' notice. To arrange for these services, contact the receptionist at 541-682-5010. City Council meetings are telecast live on Metro Television, Comcast channel 21, and rebroadcast later in the week. El consejo de la Ciudad de Eugene agradece su interés en estos asuntos de la agenda. El lugar de la reunión tiene acceso para sillas de ruedas. Se puede proveer a un intérprete para las personas con discapacidad auditiva si avisa con 48 horas de anticipación. También se puede proveer interpretación para español si avisa con 48 horas de anticipación. Para reservar estos servicios llame al 541-682-5010. Las reuniones del consejo de la ciudad se transmiten en vivo por Metro Television, Canal 21 de Comcast y son retransmitidas durante la semana.
For more information, contact the Council Coordinator at 541-682-5010, or visit us online at www.eugene-or.gov.
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December 9, 2019, Meeting – Item 1
EUGENE CITY COUNCIL
AGENDA ITEM SUMMARY
Public Forum Meeting Date: December 9, 2019 Agenda Item Number: 1 Department: Central Services Staff Contact: Beth Forrest
www.eugene-or.gov Contact Telephone Number: 541-682-5882
ISSUE STATEMENT This segment allows citizens the opportunity to express opinions and provide information to the council. Testimony presented during the Public Forum should be on city-related issues and should not address items which have already been heard by a Hearings Official or are on the present agenda as a public hearing item.
SUGGESTED MOTION No action is required; this is an informational item only.
FOR MORE INFORMATION Staff Contact: Beth Forrest Telephone: 541-682-5882 Staff E-Mail: bforrest@eugene-or.gov
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December 9, 2019, Meeting – Item 2A
EUGENE CITY COUNCIL
AGENDA ITEM SUMMARY
Approval of City Council Minutes Meeting Date: December 9, 2019 Agenda Item Number: 2A Department: Central Services Staff Contact: Beth Forrest
www.eugene-or.gov Contact Telephone Number: 541-682-5882
ISSUE STATEMENT This is a routine item to approve City Council minutes.
SUGGESTED MOTION Move to approve the minutes for the work sessions on November 12, November 13, November 18 and November 20, 2019; the meeting on November 12, 2019; and the public hearing on November 18, 2019.
ATTACHMENTS A. November 12, 2019, Work Session B. November 12, 2019, Meeting C. November 13, 2019, Work Session D. November 18, 2019, Work Session E. November 18, 2019, Public Hearing F. November 20, 2019, Work Session
FOR MORE INFORMATION Staff Contact: Beth Forrest Telephone: 541-682-5882 Staff E-Mail: bforrest@eugene-or.gov
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M I N U T E S
Eugene City Council
Bascom/Tykeson Room, Eugene Public Library
100 West 10th Avenue
Eugene, Oregon 97401
November 12, 2019
5:30 p.m.
Councilors Present: Emily Semple, Jennifer Yeh, Alan Zelenka, Mike Clark. Chris Pryor, Betty Taylor, Greg Evans
Councilors Absent: Claire Syrett Mayor Vinis opened the November 12, 2019, Work Session of the Eugene City Council.
1.Committee Reports and Items of Interest
Councilor Evans arrived at 5:38 PM. Council Discussion
•Councilor Yeh – Spoke about a report from MWMC on the current state of the wastewatersystem.
•Councilor Clark – Asked questions about the MWMC report; requested additional details.
•Councilor Taylor – Supported putting STAR voting proposal on the ballot; voiced concernsabout proposed bus route cancellations and requested council to express their oppositionwith a letter to LTD; discussed concerns about leaf blowers; addressed short-term rentalconcerns in the community.
•Mayor Vinis – Spoke to Councilor Taylor’s concerns about bus routes; announcedgroundbreaking event at Homes for Good housing units on MLK Blvd.; reported onNovember 3 Choose Kindness Celebration and building a community of kindness.
•Councilor Pryor – Said he regretted not being able to attend groundbreaking event due tocommitment to rulemaking committee for the legislature.
•Councilor Evans – Reported on recent Transit Tomorrow discussion at LTD meeting aboutwhy certain bus routes will be trimmed.
•Councilor Taylor – Reported on Southeast Neighbors meeting.
2.WORK SESSION: Sustainability Commission Work Plan
Climate Recovery Ordinance Analyst Mark Nystrom, Sustainability Commission Vice Chair
Zach Mulholland and Sustainability Commission Board Member Louisa de Heer presented
the commission’s FY19 Annual Report and its proposed FY20 Work Plan.
Councilor Zelenka arrived at 5:55 PM.Council Discussion
•Mayor Vinis- Thanked staff and commission for the work already done.
•Councilor Semple – Discussed her work as a council liaison to the SustainabilityCommission; voiced appreciation for the work of the commission, as well as upcoming workopportunities including equity and collaborations with other commissions.
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December 9, 2019, Meeting – Item 2ACC Agenda - Page 9
•Councilor Yeh – Expressed appreciation for commission; asked about the difficulty ingetting outside expertise for certain work objectives or if they have adequate staff supportto achieve the commission’s goals.
•Councilor Pryor – Expressed appreciation for the work plan report and history of theSustainability Commission; discussed desire for commission to work with as many othercommissions and advisory bodies as possible to leverage the impact of commission’s work.
•Mayor Vinis – Asked if there is anything from council that the commission needs to moveforward; discussed response from staff and commission.
3.WORK SESSION: Parks and Recreation Bond and Levy UpdateRecreation Services Director (Acting in Capacity) Craig Smith, and Parks and Open SpaceDivision Manager Craig Carnagey, provided a general update on the work accomplishedimplementing the parks and recreation bond and levy measures to renovate parks andrecreation facilities, build new parks in underserved areas, improve public safety in parks, andrestore park maintenance activities.Council Discussion
•Councilor Evans – Inquired about and discussed upcoming Echo Hollow pool closure andwhat other pool facilities might be available for swim teams, including the River Road Pool.
•Councilor Pryor – Expressed appreciation for the work plan, in particular for improvementsto Echo Hollow pool; expressed appreciation of work plan’s recognition of regionality inpool use and updates.
•Councilor Yeh – Complimented staff and expressed appreciation for Striker Field parkplanning efforts.
•Councilor Semple – Expressed appreciation for work discussed in report, especially forStriker Field; discussed Monroe Park concerns and needs; asked how projects are added tolists of updates in bonds and levies.
•Councilor Taylor – Conveyed constituent compliments regarding local hiking trail updates,as well as concerns about lack of equipment for older children and adults in parks;discussed the need for restrooms in parks; inquired about adding a pool in southwestEugene; inquired about heating or covering Amazon Pool; inquired about expandingcommunity centers besides Campbell Community Center including Amazon andWashington Park; discussed status of Westmoreland Park community center.
•Councilor Zelenka – Discussed capacity of pool system in Eugene and shared his thoughtsabout renovations and additions; expressed appreciation for process of updates in workplan; inquired about public safety effectiveness related to parks ambassadors and policedepartment FTE; inquired about how police patrol parks; inquired if staff are trackingeffectiveness of increased patrol over time; discussed improvements in Washburn Park;expressed enthusiasm about improvements to Campbell Community Center and StrikerField; discussed diversity of projects and benefits being spread throughout the city.
•Councilor Clark – Asked how much of the river flowing through Eugene is bordered by parkland; discussed conversation with Director of State Lands regarding rulemaking on illegalcamping along the river and inquired if the City is participating with the state in addressingillegal camping in river areas; inquired if state could pay the City to enforce illegal campingon the river..
•Councilor Evans – Asked about the timeline for development of the sports complex atGolden Gardens Park.
•Mayor Vinis – Expressed appreciation for the report and congratulated the team on itsnational accreditation, discussed the effectiveness of EPD in parks; expressed excitementfor development of improvements within the system.
4. CONSENT CALENDAR
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A.Approval of City Council Minutes
•October 14, 2019, Work Session
•October 14, 2019, Meeting
•October 16, 2019, Work Session
•October 21, 2019, Joint Public HearingB.Approval of Tentative Working Agenda
MOTION AND VOTE: Councilor Taylor, seconded by Councilor Semple, moved toapprove the items on the Consent Calendar. PASSED 7:0.The meeting adjourned at 6:40 p.m. Respectfully submitted,
Beth Forrest City Recorder
(Recorded by Samantha Roberts) Link to the webcast of this City Council meeting: here.
December 9, 2019, Meeting – Item 2ACC Agenda - Page 11
M I N U T E S
Eugene City Council
Bascom/Tykeson Room, Eugene Public Library
100 West 10th Avenue
Eugene, Oregon 97401
November 12, 2019
7:30 p.m.
Councilors Present: Emily Semple, Betty Taylor, Jennifer Yeh, Mike Clark, Greg Evans, Chris Pryor
Councilors Absent: Claire Syrett, Alan Zelenka Mayor Vinis opened the November 12, 2019, meeting of the Eugene City Council.
1.PLEDGE OF ALLEGIANCE TO THE FLAGThe Pledge of Allegiance to the Flag was recited in commemoration of Veterans Day onNovember 11, 2019.
2.PUBLIC FORUM1.Otis Root –Stood in silence to express desire that hatred and violence not be tolerated in the city.2.Stefan Strek –Discussed concerns related to development projects and equity.3.Todd Boyle – Expressed concern about the Pledge of Allegiance; discussed low-income housing.4.Stephen Sheehan – Addressed concerns related to homelessness on behalf of businesses in Eugene.5.Joshua Korn – Asked council to adopt measures to address concerns about small cell towers.6.R.J. Herb – Spoke to concerns related to criminal behavior in downtown Eugene.7.Jim Johnson – Discussed homelessness in Eugene and shared concerns and ideas.8.Jarl Berg – Discussed concerns related to criminal behavior near business and homes.9.Bill Berg – Discussed concerns about trash and drug use in Eugene; shared ideas about solutions.10.Nick Wiley – Discussed impacts of and concerns about drug use and homelessness on local business.11.Clayton Trzesniewski – Shared concerns about towing vehicles off private property.12.Kathy Segale – Spoke to experience with criminal behavior near UO campus and related concerns.13.Dennis Casady – Addressed concerns and ideas related to homelessness and criminal behavior.14.Clay Skurdal – Addressed concerns about his business related to local criminal behavior.15.Sean Dwyer – Shared his reasons for running for City Council related to homeless issues.16. Carolina Jackson – Addressed concerns about experiences with homelessness in downtown.17.David Ivan Piccioni – Addressed homelessness in Eugene and the effects of population growth.18.Thomas Bruno – Spoke about ADA concerns related to short-term rentals and ward accessibility.19.Diane Davis – Shared experiences with criminal behavior in neighborhoods and downtown.20. Devin – Shared experiences and concerns related to trash and drug use in local parks.21.Brent Lorscheider – Addressed concerns about local policies regulating short-term rentals.22.Linda Dunham – Shared concerns about vandalism, trash, excrement and drug use near business.23.Melissa McNary – Discussed thoughts on the lapse in services for the homeless.24.Steven Shallenberger – Spoke about personal experiences with criminal behavior in the city.25.Chelsea Swift – Spoke about her work with CAHOOTS and criminal behavior in Eugene.26. Kari Robinson – Discussed ideas and concerns related to homelessness in Eugene.27.Charmaine Rehg – Discussed homelessness in Eugene and related concerns about City policies.28.Kathleen Walker – Discussed homelessness, affordable housing, and community divisiveness.29.Richard Self – Discussed concerns about local policies regarding homelessness.30.Ken Neubeck – Shared his work and thoughts around homelessness within the community.31. Steve Kimes – Provided anecdote to illustrate the criminalization of homelessness.
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32.Edward “Sandy” Cutler – Expressed support for local businesses and services for the unhoused.33.Michael Carrigan – Shared concerns related to homelessness including services and shelter options.34.Arwen Maas-Despain – Addressed concerns related to homelessness and criminal behavior.35.Pamela Krause – Addressed concerns about homelessness and spoke about her brother in Denver.36.Kris McAlister – Spoke about concerns related to the unhoused in Eugene and Springfield.37.Douglas Bovee – Noted distinction between homelessness and criminality; supported housing.38.Mandey Chappell – Spoke about experiences with homelessness and concerns in community.39.Tammie Heitz – Shared concerns related to safety in downtown and local parks.40.Nicholas Bates – Addressed crime prevention in Eugene and security concerns.41.Teri Morgan – Spoke to addiction crisis in Eugene and related concerns in the community.42.J. Hallie Roberts – Spoke about STAR voting initiative and concerns related to elections process.43.Samuel Schall – Spoke about STAR voting initiative and concerns related to elections process.44.Randall Haffner – Shared thoughts about the difference between criminality and homelessness.45.Tracy Joscelyn – Shared thoughts and ideas related to homelessness in Eugene.46.Eric Jackson – Shared thoughts about the difference between criminality and homelessness.47.Matthew Yook – Spoke about climate change and affordable housing in Eugene.Council Discussion
•Councilor Pryor – Expressed appreciation for speakers at the forum; addressed commentsrelated to acute criminal behavior mentioned by constituents and supported efforts to workon the issues productively with the community.
•Mayor Vinis – Addressed comments related to council process, TAC report implementation,public safety, and mental health and addiction crisis resources; shared desire to collaboratewith business and community advocates, acknowledging current gaps and future resources.
•Councilor Clark – Expressed support for the Mayor’s comments; shared concerns and ideasabout enforcement of low-level misdemeanor crimes including a local municipal jail.
•Mayor Vinis – Supported a presentation by Judge Gill to the council on how the City holdspeople accountable and gaps in the City’s ability to do so.
The meeting adjourned at 9:17 p.m. Respectfully submitted,
Beth Forrest City Recorder
(Recorded by Samantha Roberts) Link to the webcast of this City Council meeting: here.
December 9, 2019, Meeting – Item 2ACC Agenda - Page 13
M I N U T E S
Eugene City Council
Harris Hall, 125 East 8th Avenue
Eugene, Oregon 97401
November 13, 2019
12:00 p.m.
Councilors Present: Emily Semple, Jennifer Yeh, Alan Zelenka, Mike Clark. Chris Pryor, Betty Taylor. Greg Evans, Claire Syrett Mayor Vinis opened the November 13, 2019, Work Session of the Eugene City Council.
1.WORK SESSION: Eugene-Springfield 2020 Consolidated PlanGrants Manager Stephanie Jennings provided an overview of the HOME and CommunityDevelopment Block Grant programs, reviewed progress achieved under the 2015 ConsolidatedPlan, and discussed the process for development of the 2020 Consolidated Plan.Council Discussion
o Councilor Clark – Shared thoughts about how CDBG funds could be used to fight poverty; askedwhat was meant by claim that housing funds are best suited for rental housing; asked if donatedland could be used for a housing development; asked about eligible uses of CDBG funds;discussed down payment assistance programming; expressed interest in expanding downpayment assistance program again as well as expanding smaller housing on donated land.
o Councilor Taylor – Asked if it is possible to make loans for down payments; discussed challengeof saving for a down payment; inquired about and discussed using these funds for sidewalkimprovements; asked if funds could be used for Single Residence Occupancy and if they have tobe used for a specific group of people; asked if recommendations brought in February could bechanged at that time.
o Councilor Syrett – Expressed appreciation for work of staff; inquired about combination ofprevious funds; asked how much money in the previous fiscal year went towards job creationprogram; asked if Habitat for Humanity could assist with a few home projects to promotehomeownership; asked if the City could replicate a Habitat for Humanity project to avoidcertain regulatory requirements; discussed assessments; inquired about affordable housingtrust funds and construction excise tax (CET); discussed recommendations from advisorycommittee to help inform council leveraging dollars.
o Councilor Zelenka – Expressed appreciation for staff work; inquired about the drop in fundingfor CDBG and HOME funds; discussed drop in housing units in Springfield and asked how theconsolidation plan proposes making up that loss; inquired about gap strategies in upcomingrecommendations and if there would be new dollars to include CET dollars; asked if numberswould change in the upcoming plan update; discussed funding from CET; inquired about anddiscussed how metrics are gathered related to affordable housing in the consolidation plan,specifically related to affordable housing units; inquired about total affordable housing unitsbeing built through these funds.
o Councilor Pryor – Discussed program needs for low-income housing as opposed to workforcehousing and getting the most units with the funds available; discussed mixing development ofunits with promotion of home ownership to get the most out of the funds; expressed supportfor the current plan.
o Councilor Evans- Inquired where two land bank sites are located; asked how many homes thathave been completed are emergency or transitional in nature; inquired about upcoming homeprojects and if there are other sources of funds that could be combined with federal monies.
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December 9, 2019, Meeting – Item 2ACC Agenda - Page 14
o Councilor Clark -Expressed support for Councilor Pryor’s comments regarding the balance ofobjectives; expressed desire to increase goal of homeownership to better balance objectives;expressed desire to increase pool of down payment assistance funds; discussed demographicsof first-time homebuyers.
2.WORK SESSION: Process for Appointing a New City ManagerCouncil Discussion
o Mayor Vinis – Reviewed the process for scheduling this topic for a work session; asked forclarification of the council’s authority; explained the format for discussion.
o Councilor Zelenka – Discussed current situation with leadership and shared thoughts thatcouncil does not need to name a replacement right away; expressed confidence in SarahMedary as City Manager Pro Tem; discussed potential timelines and potential motions.
o Councilor Taylor – Discussed process for council appointment of City Manager; discussedconcerns related to current community needs and work, the cost of recruiting a CityManager, and the benefits of hiring Ms. Medary outright.
o Councilor Evans – Expressed support for Ms. Medary but supported opening therecruitment to attract a diverse pool of candidates for City Manager, individuals and groupswho historically may have not had access to the position.
o Councilor Clark – Expressed desire for the best manager available for the community andagreement with Councilor Zelenka’s comments about a potential timeline; shared thoughtsabout hiring Ms. Medary outright versus opening a recruitment.
o Councilor Syrett - Discussed prior councilors’ comments; expressed concern and askedquestions about the City Manager Pro Tem not having the authority to hire executive staff;asked what the process would be for council to hire an executive staff member forFire/EMS; shared thoughts about timeline of searching for a City Manager, especially thetiming of future conversations.
o Councilor Pryor – Discussed thoughts about timing of council actions and shared goals ofthe council and City Manager Pro Tem Medary.
o Councilor Clark – Supported the creation of performance metrics for evaluation of the CityManager Pro Tem.
o Councilor Syrett – Asked about public input requirements for hiring a city manager;inquired where the budget for a national search for a City Manager would come from;expressed agreement with metric points made by Councilor Clark; discussed timing ofselection related to budget development and adoption and how Ms. Medary manages thisprocess.
o Councilor Taylor - Discussed Ms. Medary’s prior work with the City and County andexpressed confidence in her knowledge and skills; discussed process for termination if evernecessary; addressed Councilor Evan’s comments surrounding diversity.
o Councilor Semple – Expressed support for Ms. Medary as the permanent City Manager,specifically related to her leadership on current projects and community needs.
o Mayor Vinis – Noted council support for Ms. Medary and clarified the process at hand;addressed Councilor Evan’s comments about need for greater public input; supported usingtime to give Ms. Medary an opportunity to meet the community in the role of City Manager.
o Councilor Clark – Expressed agreement with Mayor Vinis.
o Councilor Semple – Inquired about public input process requested clarification ofintentions.
o Councilor Pryor – Noted Ms. Medary’s desire to get to know the role and use an extendedtimeline to make sure the role is a good fit both for her and for the City.
o Councilor Yeh – Expressed concerns about signaling council intent to create a trial period tosolicit community input.
December 9, 2019, Meeting – Item 2ACC Agenda - Page 15
o Mayor Vinis – Clarified her suggestion that delaying a decision about hiring a permanentCity Manager would give Ms. Medary a chance to become more familiar to the community inthis role.
o Councilor Taylor -Expressed concern about delaying hiring and said that lengthy Pro Temassignments are unusual.
o Councilor Syrett – Described a prior conversation with Ms. Medary about being hired onpermanently; expressed support for council goals to support public engagement in theprocess of hiring a new City Manager.
o Councilor Clark – Described prior conversation with Ms. Medary about being hired onpermanently; expressed support for Councilor Zelenka’s anticipated motion.
o Councilor Zelenka – Addressed family needs of Ms. Medary; discussed comments ondiversity; expressed appreciation for Ms. Medary’s service in the City organization;supported waiting until after the next budget cycle to hire her permanently.
MOTION: Councilor Zelenka, seconded by Councilor Syrett, moved to wait and hold a work session, until shortly after the completion of the 2020 budget committee process to further discuss the City Manager appointment process, including the appointment of Sarah Medary to the City Manager position.
o Councilor Clark – Reiterated need for evaluation metrics in the hiring process and asked ifthe motion could be amended to enable council to hold an additional work session todiscuss metrics.
o Councilor Semple – Inquired about the timeline for a future discussion.
o Councilor Zelenka – Addressed questions about the timeline of the budget committeeprocess.
RESTATED MOTION (including friendly amendments): Councilor Zelenka, seconded by Councilor Syrett, moved to wait and hold a work session, until shortly after the completion of the 2020 budget committee process to further discuss the City Manager appointment process, including the appointment of Sarah Medary to the City Manager position and schedule a work session as soon as possible to discuss the attributes for our future City Manager with HR.
VOTE: PASSED 7:1, Councilor Evans opposed. The meeting adjourned at 1:37p.m. Respectfully submitted,
Beth Forrest City Recorder
(Recorded by Samantha Roberts) Link to the webcast of this City Council meeting: here.
December 9, 2019, Meeting – Item 2ACC Agenda - Page 16
M I N U T E S
Eugene City Council
Harris Hall, 125 East 8th Avenue
Eugene, Oregon 97401
November 18, 2019
5:30 p.m.
Councilors Present: Emily Semple, Betty Taylor, Jennifer Yeh, Mike Clark, Claire Syrett, Chris Pryor, Greg Evans, Alan Zelenka Mayor Vinis opened the November 18, 2019, work session of the Eugene City Council.
1.WORK SESSION: Climate Action Plan 2.0 Document Review and Consideration of
Additional StrategiesSustainability Manager Chelsea Clinton presented an overview of the Climate Action Plan 2.0.Discussion
o Councilor Evans – asked about the financial implications of the plan.
o Councilor Syrett – highlighted the need to build community support for taking theseactions to guard against fractures in the community when it is time to invest; supportedinnovations to increase community capacity; wanted to engage large-leveragestakeholders to provide some of the financial capacity that would be necessary.
o Councilor Yeh – asked about the Transportation System Plan and electric vehiclestrategy timelines.
o Councilor Clark – asked staff to return with a menu of options from which the councilcould choose in revising the TSP to meet climate recovery ordinance goals.
o Councilor Zelenka – highlighted that the plan was community-based, consumption-based, and included already-committed funding; cautioned against only talking aboutthe costs without also talking about the cost savings and benefits.
o Councilor Pryor – thought there would be a need for an up-front investment that wouldresult in great returns later and wanted to be mindful about the funding; asked for goodresearch in order to make the best decision possible on the policy direction and funding.
o Councilor Taylor – wanted to hear from more people on the topic; reported complaintsabout the City’s use of leaf blowers and Lane Transit District’s reduction in bus routes;supported efforts to lobby for increased Amtrak service and for the City to do morework to protect trees.
o Councilor Zelenka – noted the plan only gets Eugene to 40 percent of its goal; wantedtwo implementation plans (one short-term and one long-term) with associated timeline,budget, and responsible party for each action item.
o Councilor Syrett – wanted to see an outline of how much each action item would costand how far each action gets the City to its goal; thought the resiliency work may needits own tracking strategy because it was not based on emissions; expressed interest inan urban forestry work session.
o Councilor Semple – felt the plan made some changes, but not nearly enough; thoughtadapting to climate change would take radical action.
o Councilor Evans – asked about the communication strategy for making every member ofthe community an active partner in the effort.
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o Councilor Clark – wanted the community to have a website where the community couldgo to see what actions they could take to help reach the goals.
o Councilor Zelenka – asked how many of the actions were City of Eugene actionsprimarily and how many were other groups; wanted to know how the Equity Panel’srecommendations would be integrated into the plan; wanted to figure out how toinclude the community to creatively address the challenge.
o Mayor Vinis – thought the work compelled Eugene to be a better community—to workon equity, housing, the transportation system and more; wanted a timeline thatindicated which actions were easier and which were more difficult; wanted to celebratethe community’s successes annually.The meeting adjourned at 6:28 p.m. Respectfully submitted,
Beth Forrest City Recorder (Recorded by Cas Casados) Link to the webcast of this City Council meeting here.
December 9, 2019, Meeting – Item 2ACC Agenda - Page 18
M I N U T E S
Eugene City Council
Harris Hall, 125 East 8th Avenue
Eugene, Oregon 97401
November 18, 2019
7:30 p.m.
Councilors Present: Mike Clark, Jennifer Yeh, Chris Pryor, Betty Taylor, Emily Semple, Claire Syrett, Alan Zelenka, Greg Evans Mayor Vinis opened the November 18, 2019, public hearing of the Eugene City Council.
1.PUBLIC HEARING: An Ordinance Concerning Restrictions on the Use of Polystyrene
Containers and Adding Sections 6.874, 6.876, and 6.878 to the Eugene Code, 1971.1.Art Farley – shared support for the ordinance on behalf of the Sustainability Commission.2.Jim Neu – asked council to pass a ban on single-use plastic foodware.3.Susan Macomson – voiced concern about the impacts of plastic on the land and children.4.Cynthia Matherly – highlighted the safety concerns of Styrofoam throughout its lifecycle.5. Karyn Kaplan – urged council to adopt the ban as alternative products exist.6. Kaelin Kane – supported the ban and spoke to the impact of big business on people’s lives.7.Charmain Rehg – asked council to ban plastic straws and utensils as well as polystyrene.8.Abigail Keep – spoke about her experiences picking up trash at a local park; supported the ban.9.Ralph McDonald – said he thought the ban was an important “baby step” council should take.10.Gregory Hill – noted the health effects of chemicals used to make plastic; supported the ban.11.Hailey Coleman – said she was fearful for the future and urged council to pass the ban.12.John Desmarteau Jr. – spoke about the technology for recycling polystyrene.13.Pete Frost – said polystyrene was toxic; supported a prohibition.14.Zack Mulholland – urged council to consider banning all single-use food plastics.15.Stefan Strek – supported the creation of a Styrofoam buy-back program.Discussion
o Councilor Taylor – thanked the speakers for their comments.
2.PUBLIC HEARING: An Ordinance Concerning Single-Use Checkout Bags, Amending
Sections 6.850 and 6.855 of the Eugene Code, 1971, and Repealing Sections 6.860 and
6.865 of that Code.1.Stefan Strek – said he did not think plastic bags needed to be banned.2.Andre Royal – wondered whether ban would apply to delivery services.Discussion
o Councilor Semple – said she was happy to see the OSPIRG students participating.
o Councilor Zelenka - asked when the ordinances would take effect and what exemptionsthere may be.
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December 9, 2019, Meeting – Item 2ACC Agenda - Page 19
The meeting adjourned at 8:17 p.m. Respectfully submitted,
Beth Forrest City Recorder (Recorded by Cas Casados) Link to the webcast of this City Council meeting here.
December 9, 2019, Meeting – Item 2ACC Agenda - Page 20
M I N U T E S
Eugene City Council
Harris Hall, 125 East 8th Avenue
Eugene, Oregon 97401
November 20, 2019
12:00 p.m.
Councilors Present: Alan Zelenka, Jennifer Yeh, Mike Clark, Chris Pryor
Councilors Absent: Betty Taylor, Greg Evans, Emily Semple, Claire Syrett Mayor Vinis opened the November 20, 2019, work session of the Eugene City Council.
1.WORK SESSION: 2021 UpdateLibrary, Recreation and Cultural Services Director Renee Grube and Oregon 2021 Project LeadStephanie Scafa updated the council on the current progress of plans for Eugene to host the2021 World Track and Field Championships.Discussion
o Councilor Yeh – asked whether there would be a public art committee andrecommended including someone with a human rights and art history background whocan consider the differences between public and private art; asked about how manymore murals were planned around the city.
o Councilor Zelenka – asked staff to contrast this event with the Olympic Trials event;asked about expected attendance and plans for transportation between the RiverfrontPark and Hayward Field as well as transportation challenges that may arise in nearbyneighborhoods; asked about the event budget and what the City’s portion is expected tobe; asked about housing plans.
o Councilor Pryor – thought the incident command model would be helpful for the event;asked about the preparation for risks, logistics—especially for food and lodging—andfinancial considerations in an event of this scale.
o Mayor Vinis – expressed excitement about the event and asked how the event mightprovide an educational opportunity for local schools; asked whether the event couldprovide an opportunity to experiment with transportation system innovations.
The meeting adjourned at 12:39 p.m. Respectfully submitted,
Beth Forrest City Recorder (Recorded by Cas Casados) Link to the webcast of this City Council meeting here.
ATTACHMENT F
December 9, 2019, Meeting – Item 2ACC Agenda - Page 21
CC Agenda - Page 22
December 9, 2019, Meeting – Item 2B
EUGENE CITY COUNCIL
AGENDA ITEM SUMMARY
Approval of Tentative Working Agenda Meeting Date: December 9, 2019 Agenda Item Number: 2B Department: City Manager’s Office Staff Contact: Beth Forrest
www.eugene-or.gov Contact Telephone Number: 541-682-5882
ISSUE STATEMENT This is a routine item to approve the City Council Tentative Working Agenda.
BACKGROUND On July 31, 2000, the City Council held a process session and discussed the Operating Agreements. Section 2, notes in part that “The City Manager shall recommend monthly to the council which items should be placed on the council agenda. This recommendation shall be placed on the consent calendar at the regular City Council meetings (regular meetings are those meetings held on the second and fourth Monday of each month in the Council Chamber). If the recommendation contained in the consent calendar is approved, the items shall be brought before the council on a future agenda. If there are concerns about an item, the item may be pulled from the consent calendar at the request of any councilor or the Mayor. A vote shall occur to determine if the item should be included as future council business.” Scheduling of this item is in accordance with the Council Operating Agreements.
RELATED CITY POLICIES There are no policy issues related to this item.
COUNCIL OPTIONS The council may choose to approve, amend or not approve the tentative agenda.
CITY MANAGER’S RECOMMENDATION The City Manager has no recommendation on this item.
SUGGESTED MOTION Move to approve the items on the Tentative Working Agenda.
CC Agenda - Page 23
December 9, 2019, Meeting – Item 2B
ATTACHMENTS A. Tentative Working Agenda
FOR MORE INFORMATION Staff Contact: Beth Forrest Telephone: 541-682-5882 Staff E-Mail: bforrest@eugene-or.gov
CC Agenda - Page 24
Work Session Action Public Hearing Public Forum Consent Calendar
Committee Reports/Items of Interest Ceremonial Matters Pledge of Allegiance
Updated November 26, 2019 Meeting Location: Harris Hall, 125 East 8th Avenue, unless otherwise noted
December 2019
ate Day Time Title Length Dept. Contact
9-Dec Monday 5:30 pm Committee Reports and Items of Interest Town Square (Work Session) 90 mins Will Dowdy, PDD
7:30 p.m.
Public Forum Resolution Acknowledging Receipt of FY19 Comprehensive Annual Financial Report (Consent Calendar) Approval of Sustainability Commission FY20 Work Plan (Consent Calendar) URA – Resolution Acknowledging Receipt of FY19 URA Annual Financial Report (Action) Supplemental Budget #1 (Public Hearing and Action) URA Supplemental Budget #1 (Public Hearing and Action)
Finn Cronin, CS
Mark Nystrom, CS
Finn Cronin, CS
Vicki Silvers, CS
Vicki Silvers, CS
Expected absences for 12/09: none
11-Dec Wednesday 12 pm Short-Term Vacation Rentals (Work Session) Executive Session Pursuant to ORS 192.660(2)(e)
45 mins
45 mins
Lydia Kaye, PDD
Expected absences for 12/11: none
Council Break: December 12 – January 8
ATTACHMENT A
November 9, 2019, Meeting - Item 2BCC Agenda - Page 25
2
January 2020
Date Day Time Title Length Dept. Contact 8-Jan Wednesday 5:30 pm 2020 State of the City Elena Domingo, CS
Expected absences for 1/8: none Hult Center – Soreng Theater
5:30 pm
Committee Reports and Items of Interest Council Process Session (Work Session)
90 mins
Beth Forrest, CS 13-Jan Monday 7:30 pm
Election of 2020 Council Officers Public Forum Resolution Annexing a Developed Property, 4199 Scenic Drive (Consent Calendar)
Jeff Gepper, PDD
Expected absences for 1/13: none 15-Jan Wednesday 12 pm CAP 2.0 Action (Work Session) URA Steam Plant Deal Points (Work Session)
45 mins 45 mins
Chelsea Clinton, CS Amanda D’Souza, PDD
Expected absences for 1/15: none 21-Jan
Tuesday
5:30 pm Accessory Dwelling Units (Work Session) Library Levy Update (Work Session)
45 mins 45 mins
Alissa Hansen, PDD Will O’Hearn, LRCS 7:30 pm Ordinance on Parks and Rec SDCs (Public Hearing) Carolyn Burke, PW
Expected absences for 1/21: none Location: Harris Hall 22-Jan Wednesday 12 pm River Road-Santa Clara Neighborhood Plan (Work Session) Transit Tomorrow (Work Session)
45 mins 45 mins
Terri Harding, PDD Rob Inerfeld, PW
Expected absences for 1/22: Evans 27-Jan
Monday
5:30 p.m.
Committee Reports and Items of Interest City Manager Performance Metrics (Work Session) TBD (Work Session)
45 mins 45 mins
Randi Bowers-Payne, CS 7:30 pm Public Forum
Expected absences for 1/27: Vinis November 9, 2019, Meeting - Item 2BCC Agenda - Page 26
3
29-Jan Wednesday 12 pm Urban Reserves (Work Session) TBD (Work Session)
60 mins 30 mins
Rebecca Gershow, PDD
Expected absences for 1/29: Vinis
February 2020
Date Day Time Title Length Dept. Contact 10-Feb
Monday
5:30 pm
Committee Reports and Items of Interest Parks and Rec Bond Levy Update (Work Session) ADUs - Incentives (Work Session)
45 mins 45 mins
Craig Carnagey, PW Michael Kinnison, PDD 7:30 pm Public Forum
Expected absences for 2/10: none 12-Feb Wednesday 12 pm Parks and Rec SDCs Ordinance (Work Session and Poss. Action) Eugene-Springfield Consolidated Plan (Work Session)
45 mins 45 mins
Carolyn Burke, PW Stephanie Jennings, PDD
Expected absences for 2/12: none 18-Feb
Tuesday
5:30 pm TBD (Work Session) TBD (Work Session)
45 mins
7:30 pm TBD (Public Hearing)
Expected absences for 2/18: none Location: Harris Hall 19-Feb Wednesday 12 pm Wildland Urban Interface (Work Session) Wild Turkey Population Management (Work Session)
45 mins 45 mins
Chief Heppel, Fire Rachelle Nicholas, PDD
Expected absences for 2/19: none 24-Feb
Monday
5:30 p.m.
Committee Reports and Items of Interest TBD (Work Session) TBD (Work Session)
45 mins 45 mins
7:30 pm Public Forum
Expected absences for 2/14: none November 9, 2019, Meeting - Item 2BCC Agenda - Page 27
4
26-Feb Wednesday 12 pm Downtown Activity Zone (Work Session) TBD (Work Session)
45 mins 45 mins
Michael Kinnison, PDD
Expected absences for 2/26: none
March 2020
Date Day Time Title Length Dept. Contact 9-Mar
Monday
5:30 pm
Committee Reports and Items of Interest TBD (Work Session) TBD (Work Session)
45 mins 45 mins
7:30 pm Public Forum
Expected absences for 3/9: none 11-Mar Wednesday 12 pm TBD (Work Session) TBD (Work Session)
45 mins 45 mins
Expected absences for 3/11: none
Council Break: March 12 – April 8
April 2020
Date Day Time Title Length Dept. Contact 8-Apr Wednesday
12 pm
TBD (Work Session) TBD (Work Session)
45 mins 45 mins
Expected absences for 4/8: none
13-Apr
Monday
5:30 pm
Committee Reports and Items of Interest TBD (Work Session) TBD (Work Session)
45 mins 45 mins
7:30 pm Public Forum
Expected absences for 4/13: none
November 9, 2019, Meeting - Item 2BCC Agenda - Page 28
5
15-Apr Wednesday 12 pm TBD (Work Session) TBD (Work Session)
45 mins 45 mins
Expected absences for 4/15: none 20-Apr
Monday
5:30 pm TBD (Work Session) TBD (Work Session)
45 mins
7:30 pm TBD (Public Hearing)
Expected absences for 4/20: none Location: Harris Hall 22-Apr Wednesday 12 pm TBD (Work Session) TBD (Work Session)
45 mins 45 mins
Expected absences for 4/22: none 27-Apr
Monday
5:30 p.m.
Committee Reports and Items of Interest TBD (Work Session) TBD (Work Session)
45 mins 45 mins
7:30 pm Public Forum Adoption of Eugene-Springfield Consolidated Plan (Action)
Stephanie Jennings, PDD
Expected absences for 4/27: none 29-Apr Wednesday 12 pm TBD (Work Session) TBD (Work Session)
45 mins 45 mins
Expected absences for 4/29: none
Work Session Action Public Hearing Public Forum Consent Calendar
Committee Reports/Items of Interest Ceremonial Matters Pledge of Allegiance
November 9, 2019, Meeting - Item 2BCC Agenda - Page 29
6
Approved Work Session Polls to be Scheduled Councilor Date Approved
Update Sign Code for Digital Display Techno logy – follow-up TBD
Short-term Vacation Rentals – follow-up scheduled 12/11/19
5G/Small Cell – include experience of other cities – follow-up TBD
Strategies for managing the wild turkey population- scheduled 2/19/20
E-Scooters
Pryor
Taylor
Clark
Pryor
Evans
2/14/19
5/23/19
5/20/19
10/17/19
11/14/19
Follow-Up Work Sessions to be Scheduled
TAC Implementation
Commercial Setbacks
November 9, 2019, Meeting - Item 2BCC Agenda - Page 30
December 9, 2019, Meeting – Item 2C
EUGENE CITY COUNCIL
AGENDA ITEM SUMMARY Adoption of a Resolution Acknowledging Receipt of City of Eugene, Comprehensive Annual Financial Report for the Fiscal Year Ended June 30, 2019 Meeting Date: December 9, 2019 Agenda Item Number: 2C Department: Central Services Staff Contact: Finn Cronin
www.eugene-or.gov Contact Telephone Number: 541-682-5394
ISSUE STATEMENT This is a resolution acknowledging receipt of the City of Eugene, Comprehensive Annual Financial Report for the fiscal year ended June 30, 2019. This resolution demonstrates compliance with Oregon Revised Statute 297.465(2), which requires that a copy of the City’s CAFR, containing a signed expression of opinion, be furnished to each member of the governing body. The resolution is included as Attachment B.
BACKGROUND Under Oregon Municipal Audit Law, the City is required each fiscal year to contract with an authorized accounting firm for the audit of its accounts and fiscal affairs (ORS 297.425). The firm of Isler CPA (auditors) has completed the audit of the City of Eugene's financial statements for the fiscal year ended June 30, 2019 and issued an unmodified opinion (also known as a "clean opinion") on the basic financial statements. One of the most important components of the CAFR is the audit opinion. The auditors have issued two audit reports which can be found on pages 9–11 and pages 161–162 of the CAFR. In the first report, the auditors have issued an unmodified opinion on the City's basic financial statements, indicating that the City has prepared these statements in conformity with generally accepted accounting principles. GAAP for state and local governments is promulgated by the Governmental Accounting Standards Board to ensure consistency in accounting and comparability in financial reporting among state and local governments. A clean opinion is a fundamental financial goal for every government as it represents the highest level of opinion a government can receive from its independent auditors. A clean opinion is an important indicator of sound financial management and creditworthiness to the citizens, other governmental jurisdictions (state and federal), credit rating agencies, investment bankers, bond holders, and other private sector entities. For policy makers, a clean opinion means that the information in the CAFR is accurate and reliable. In the second report, the auditors address the City’s compliance with applicable provisions of Oregon Revised Statutes including requirements related to debt, deposit of public funds, preparation and adoption of the budget, accounting records, related internal control structure, etc. In addition, the auditors also report if the City had any significant internal control weaknesses.
CC Agenda - Page 31
December 9, 2019, Meeting – Item 2C
The auditors noted that the City complied with all laws with one exception—the City exceeded its legal budget (page 47) in two funds.
The Construction and Rental Housing Fund overspent its fire and emergency medical services departmental appropriation by $18,133, or 5.3 percent. The over-expenditure was caused by a one-time Public Employees Retirement System correction for an employee who should have been moved from general service PERS to police and fire PERS.
The Parking Services Fund overspent its planning and development departmental appropriation by $35,495, or 0.6 percent. This was due to some additional spending in FY19 on the security camera project for the parking garages. ORS require that all over-expenditures be brought to the attention of the governing body. Because there is no dollar threshold, it is common for local governments to have occasional over-expenditures. The auditors conduct the audit of the City's basic financial statements in accordance with generally accepted auditing standards and the Minimum Standards for Audits of Oregon Municipal Corporations. In addition, as a recipient of federal grants, the City is subject to the Federal Single Audit Act of 1984, which requires that the audit be conducted in accordance with Government Auditing Standards, issued by the Comptroller General of the United States 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). These standards and the Uniform Guidance require that the auditors plan and perform the audit to obtain reasonable assurance about whether the basic financial statements are free of material misstatement and whether the City complied with the laws and regulations pertaining to federally-funded programs. In addition to state and federal requirements, the City has a contractual obligation in connection with its debt issuances, which requires that the City issue annual audited financial statements. Two additional reports, beginning on page 161, specifically address compliance with Federal laws, regulations, contracts and grants, and indicate that the auditors found no material instances of the City's noncompliance with these requirements, nor were there any findings or questioned costs noted in relation to Federal awards made to the City. Management is responsible for the information contained in, and the preparation of, the City's financial statements. To effectively fulfill this responsibility and to contain the cost of auditor services, City staff devotes significant effort to the closing of accounting records, the preparation of schedules and audit workpapers, and the production of the CAFR. This also results in staff expertise being developed on specific financial and service issues that can then be used to assist departments and other pertinent parties. Professional requirements mandate auditors provide a report to the governing body that addresses any concerns or findings they encountered in such audit-related issues as significant audit findings, accounting estimates and disagreements with management. Isler CPA’s memo addressing these issues for fiscal year 2019 is included as Attachment C and it states that there were no concerns that required communication to City Council.
CC Agenda - Page 32
December 9, 2019, Meeting – Item 2C
The Government Finance Officers Association of the United States and Canada awarded a Certificate of Achievement for Excellence in Financial Reporting to the City of Eugene for its Comprehensive Annual Financial Report for the fiscal year ended June 30, 2018. This was the 43nd consecutive year that the City has achieved this prestigious award. In order to be awarded a Certificate of Achievement, a government must publish an easily readable and efficiently organized CAFR, which satisfies both generally accepted accounting principles and applicable legal requirements. In addition, the requirements for the certificate provide much of the information needed for the City’s credit assessments. One piece of information of particular interest to council may be the most recent accounting of the General Fund fund balance. Attachment D includes updated fund balance statistics for FY19 along with changes from the prior year statistics.
PREVIOUS COUNCIL DIRECTION None.
COUNCIL OPTIONS None.
CITY MANAGER’S RECOMMENDATION The City Manager recommends adoption of the Resolution.
SUGGESTED MOTION Move to adopt a resolution acknowledging receipt of the Comprehensive Annual Financial Report for the City of Eugene, for the fiscal year ended June 30, 2019.
ATTACHMENTS A. Comprehensive Annual Financial Report B. Draft Resolution C. November 8, 2019, Memo from Isler CPA to City of Eugene D. Information on General Fund, Fund Balance Trends
FOR MORE INFORMATION Staff Contact: Finn Cronin Telephone: 541-682-5394 Staff E-Mail: FCronin@eugene-or.gov
CC Agenda - Page 33
CC Agenda - Page 34
Fiscal Year Ended June 30, 2019
Jon Ruiz, City Manager
Comprehensive
Annual
Financial
Report
City of Eugene, Oregon
ATTACHMENT A
December 9, 2019, Meeting - Item 2CCC Agenda - Page 35
December 9, 2019, Meeting - Item 2CCC Agenda - Page 36
COMPREHENSIVE ANNUAL FINANCIAL REPORT
CITY OF EUGENE, OREGON
FISCAL YEAR ENDED JUNE 30, 2019
REPORT PREPARED BY THE CITY
FINANCE DIVISION
December 9, 2019, Meeting - Item 2CCC Agenda - Page 37
December 9, 2019, Meeting - Item 2CCC Agenda - Page 38
CITY OF EUGENE, OREGON
Comprehensive Annual Financial Report
Year ended June 30, 2019
Table of Contents
Exhibit Pages
i
INTRODUCTORY SECTION
Letter of Transmittal 1 - 5
GFOA Certificate of Achievement 6
Organizational Chart 7
Principal City Officials 8
FINANCIAL SECTION
Independent Auditor’s Report 9 - 11
Management’s Discussion and Analysis 13 - 21
Basic Financial Statements:
Government-wide Financial Statements:
Statement of Net Position 1 23
Statement of Activities 2 24
Fund Financial Statements:
Balance Sheet - Governmental Funds 3 25
Statement of Revenues, Expenditures, and
Changes in Fund Balances - Governmental Funds 4 26
Reconciliation of the Statement of Revenues, Expenditures,
and Changes in Fund Balances of Governmental Funds
to the Statement of Activities 5 27
Statement of Fund Net Position - Proprietary Funds 6 28 - 29
Statement of Revenues, Expenses, and
Changes in Fund Net Position - Proprietary Funds 7 31
Statement of Cash Flows - Proprietary Funds 8 32 - 33
Notes to Basic Financial Statements 34 - 82
Required Supplementary Information:
Schedule of Revenues, Expenditures, and Changes in
Fund Balance - Budget and Actual:
General Fund A-1 83
December 9, 2019, Meeting - Item 2CCC Agenda - Page 39
CITY OF EUGENE, OREGON
Comprehensive Annual Financial Report
Year ended June 30, 2019
Table of Contents
Exhibit Pages
ii
FINANCIAL SECTION, CONTINUED
Required Supplementary Information, continued:
Schedule of Revenues, Expenditures, and Changes in
Fund Balance - Budget and Actual, continued:
Community Development Fund A-2 84
Notes to Required Supplementary Information 85 - 87
Other Supplementary Information:
Nonmajor Governmental Funds Combining Statements:
Combining Balance Sheet B-1 89
Combining Statement of Revenues, Expenditures, and B-2 90
Special Revenue Funds:
Combining Balance Sheet - Nonmajor Special Revenue Funds C-1 91
Combining Statement of Revenues, Expenditures, and
Changes in Fund Balances - Nonmajor Special Revenue Funds C-2 92
Schedule of Revenues, Expenditures, and Changes in
Fund Balance - Budget and Actual:
Construction and Rental Housing Fund C-3 93
Library Local Option Levy C-4 94
Library, Parks, and Recreation Fund C-5 95
Parks and Recreation Local Option Levy C-6 96
Public Safety Communications Fund C-7 97
Road Fund C-8 98
Solid Waste and Recycling Fund C-9 99
Special Assessment Management Fund C-10 100
Telecom Registration and Licensing Fund C-11 101
Urban Renewal Agency General Fund C-12 102
Urban Renewal Agency Riverfront Fund C-13 103
Urban Renewal Agency Riverfront Program Revenue Fund C-14 104
December 9, 2019, Meeting - Item 2CCC Agenda - Page 40
CITY OF EUGENE, OREGON
Comprehensive Annual Financial Report
Year ended June 30, 2019
Table of Contents
Exhibit Pages
iii
FINANCIAL SECTION, CONTINUED
Other Supplementary Information, continued:
Debt Service Funds:
Combining Balance Sheet - Nonmajor Debt Service Funds D-1 105
Combining Statement of Revenues, Expenditures, and
Changes in Fund Balances - Nonmajor Debt Service Funds D-2 106
Schedule of Revenues, Expenditures, and Changes in
Fund Balance - Budget and Actual:
General Obligation Debt Service Fund D-3 107
Special Assessment Bond Debt Service Fund D-4 108
Urban Renewal Agency Debt Service Fund D-5 109
Capital Projects Funds:
Combining Balance Sheet - Nonmajor Capital Projects Funds E-1 111
Combining Statement of Revenues, Expenditures, and
Changes in Fund Balances - Nonmajor Capital Projects Funds E-2 112
Schedule of Revenues, Expenditures, and Changes in
Fund Balance - Budget and Actual:
General Capital Projects Fund E-3 113
Special Assessment Capital Projects Fund E-4 114
Systems Development Capital Projects Fund E-5 115
Transportation Capital Projects Fund E-6 116
Urban Renewal Agency Capital Projects Fund E-7 117
Urban Renewal Agency Riverfront Capital Projects Fund E-8 118
Enterprise Funds:
Schedule of Revenues, Expenses, and Changes in
Fund Net Position - Budget and Actual:
Ambulance Transport Fund F-1 119
Municipal Airport Fund F-2 120
December 9, 2019, Meeting - Item 2CCC Agenda - Page 41
CITY OF EUGENE, OREGON
Comprehensive Annual Financial Report
Year ended June 30, 2019
Table of Contents
Exhibit Pages
iv
FINANCIAL SECTION, CONTINUED
Other Supplementary Information, continued:
Enterprise Funds, continued:
Schedule of Revenues, Expenses, and Changes in
Fund Net Position - Budget and Actual, continued:
Parking Services Fund F-3 121
Stormwater Utility Fund F-4 122
Wastewater Utility Fund F-5 123
Internal Service Funds:
Combining Statement of Net Position G-1 125
Combining Statement of Revenues, Expenses, and
Changes in Fund Net Position G-2 127
Combining Statement of Cash Flows G-3 128 - 129
Schedule of Revenues, Expenses, and Changes in
Fund Net Position - Budget and Actual:
Facilities Services Fund G-4 130
Fleet Services Fund G-5 131
Information Systems and Services Fund G-6 132
Professional Services Fund G-7 133
Risk and Benefits Fund G-8 134
Other Supplementary Schedules:
Schedule of Bonded Debt Transactions H-1 136 - 137
STATISTICAL TABLES SECTION
Government-wide Information:
Net Position by Component I-1 139
Changes in Net Position I-2 140 - 141
December 9, 2019, Meeting - Item 2CCC Agenda - Page 42
CITY OF EUGENE, OREGON
Comprehensive Annual Financial Report
Year ended June 30, 2019
Table of Contents
Exhibit Pages
v
STATISTICAL TABLES SECTION, CONTINUED
Fund Information:
Fund Balances - Governmental Funds I-3 143
Changes in Fund Balances - Governmental Funds I-4 144 - 145
Taxable Assessed Value and Actual Value of Property I-5 146
Direct and Overlapping Property Tax Rates I-6 147
Property Tax Levies and Collections I-7 148
Ten Principal Property Taxpayers I-8 149
Ratio of Outstanding Debt by Type I-9 150
Ratio of General Bonded Debt Outstanding I-10 151
Direct and Overlapping Governmental Activities Debt I-11 152
Legal Debt Margin - General Obligation Bonded Debt I-12 153
Demographic and Economic Statistics I-13 154
Ten Principal Employers I-14 155
City Government Employees by Function/Program I-15 156
Operating Indicators by Function/Program I-16 157
Capital Asset Statistics by Function/Program I-17 158
AUDIT COMMENTS AND GOVERNMENT AUDITING STANDARDS SECTIONS
Audit Comments:
Independent Auditor’s Report Required by Oregon
State Regulations 161 - 162
Government Auditing Standards:
Government Auditing Standards Report:
Independent Auditor’s Report on Internal Control Over Financial
Reporting and on Compliance and Other Matters Based on
an Audit of Financial Statements Performed in Accordance with
Government Auditing Standards 165 - 166
December 9, 2019, Meeting - Item 2CCC Agenda - Page 43
CITY OF EUGENE, OREGON
Comprehensive Annual Financial Report
Year ended June 30, 2019
Table of Contents
Exhibit Pages
vi
AUDIT COMMENTS AND GOVERNMENT AUDITING STANDARDS SECTIONS, CONTINUED
Government Auditing Standards, continued:
OMB Uniform Guidance (Single Audit) Report:
Independent Auditor’s Report on Compliance For Each Major
Federal Program and on Internal Control Over Compliance
Required by the Uniform Guidance 169 - 170
Schedule of Findings and Questioned Costs 171
Schedule of Expenditures of Federal Awards J-1 172 - 174
Notes to Schedule of Expenditures of Federal Awards 175
December 9, 2019, Meeting - Item 2CCC Agenda - Page 44
Central Services
Finance
City of Eugene
100 West 10th Ave., Suite 400
Eugene, Oregon 97401
(541) 682-5022
(541) 682-5802 FAX
www.eugene-or.gov
November 8, 2019
Citizens of Eugene
The Honorable Lucy Vinis, Mayor
Members of the City Council
Jon R. Ruiz, City Manager
It is my pleasure to submit to you the Comprehensive Annual Financial Report (CAFR) of the City of Eugene,
Oregon, for the fiscal year ended June 30, 2019.
Local ordinances and state statutes require that the City of Eugene issue a report on its financial position and activity
within six months of the close of each fiscal year. In addition, this report must be audited in accordance with
generally accepted auditing standards by an independent firm of certified public accountants.
This report consists of management’s representations concerning the finances of the City. Consequently,
responsibility for the accuracy of the data and the completeness and fairness of the presentation, including all
disclosures, rests with management. To provide a reasonable basis for making these representations, management
has established an internal control structure designed to safeguard City assets against loss, theft, or
misappropriation, and to ensure the reliability of financial records for preparing financial statements in conformity
with generally accepted accounting principles (GAAP). The internal control structure has been designed to provide
reasonable, but not absolute, assurance that these objectives are being met. The concept of reasonable assurance
recognizes that:
The cost of the control structure should not exceed the benefits likely to be derived; and
The evaluation of cost and benefits requires estimates and judgments by management.
I believe that the City's internal control structure adequately safeguards assets and provides reasonable assurance
of proper recording of financial transactions. To the best of my knowledge, the enclosed data is presented accurately
in all material respects, along with the disclosures necessary to provide the reader with a reasonable understanding
of the City's financial affairs.
The City’s financial statements were audited by Isler CPA, a firm of licensed certified public accountants. The goal
of the independent audit is to provide reasonable assurance that the financial statements of the City for the fiscal
year ended June 30, 2019 are free of material misstatements. The independent audit involved examining, on a test
basis, evidence supporting the amounts and disclosures in the financial statements; assessing the accounting
principles used and significant estimates made by management; and evaluating the overall financial statement
presentation. The independent auditor concluded, based upon the audit, that there was a reasonable basis for
rendering an unmodified opinion that the City’s basic financial statements for the fiscal year ended June 30, 2019,
are fairly presented, in all material respects, in conformity with GAAP. The independent auditor’s report on the Basic
Financial Statements is included in the Financial Section of this report.
In addition to meeting the requirements set forth above, the independent audit also was designed to meet the
special needs of federal grantor agencies as provided for in the Federal Single Audit Act and the Office of
Management and Budget’s (OMB) Uniform Guidance. These standards require the independent auditor not only
report on the fair presentation of the basic financial statements, but also on the audited government’s internal
controls and compliance with legal requirements, with special emphasis on the administration of federal awards.
The results of the independent audit for the fiscal year ended June 30, 2019 indicated no instances of material
weaknesses in the internal control structure or significant violations of applicable laws and regulations. The
independent auditor’s reports related specifically to the Single Audit and OMB Uniform Guidance are included in
the Government Auditing Standards Section.
1
December 9, 2019, Meeting - Item 2CCC Agenda - Page 45
GAAP requires that management provide a narrative introduction, overview, and analysis to accompany the Basic
Financial Statements in the form of Management’s Discussion and Analysis (MD&A). This letter of transmittal is
designed to complement the MD&A and should be read in conjunction with it. The City’s MD&A can be found
immediately following the independent auditor’s report on the basic financial statements.
City Overview
The City of Eugene was incorporated in 1862, and the citizens adopted the Council/Manager form of government
in 1944. The City Council develops legislation and policies to direct the City organization and hires a professional
manager (the City Manager) to oversee City of Eugene personnel and operations. The Mayor is elected at-large to
a four-year term and acts as the formal representative of the City and presides over City Council meetings. The City
Council has eight members elected by ward to four-year terms, with one-half of the council elected every two years.
As of July 1, 2018, 169,695 people resided within Eugene’s municipal boundaries, making it Oregon’s second
largest city. City boundaries encompassed 44.3 square miles in Lane County. The Willamette River runs through
the heart of the City and the McKenzie River joins the Willamette to the north of the City. Eugene is the center of
government and education including County, State and Federal government agencies, and is home to the University
of Oregon.
The City provides a full range of municipal services. These services include police, fire, emergency medical
services, municipal court, community planning and development, parks and open space, library, recreational and
cultural activities, airport, wastewater treatment, stormwater management, general public works and administration,
along with other functions associated with a full-service municipal government. These services are provided
primarily to citizens who live within the corporate limits. However, many of the services and facilities operated by
the City are provided for and financed by regional service areas larger than the City. As allowed by state statutes,
the City levies a property tax on real and personal property located within its boundaries.
For financial reporting purposes, the City includes all funds subject to appropriation by the City Council. In addition,
the City includes all governmental organizations and activities for which the City Council is financially accountable.
The City Council also serves as the Urban Renewal Agency Board. Therefore, the financial statements of the Urban
Renewal Agency of the City of Eugene, although legally separate, have been combined with those of the City proper
by including them in the appropriate statements and schedules in this report.
For financial planning and control, the City prepares and adopts an annual budget in accordance with Oregon
Revised Statutes 294.305 through 294.565. Local government budgeting in Oregon is a joint effort between the
people affected by the budget and the appointed and elected officials responsible for adopting the budget. Elected
and appointed officials determine the allocation of resources among the service areas. The State of Oregon
Department of Revenue ensures that the budget is prepared according to the Oregon Local Budget Law. Citizens
provide input to advocate for funding for programs they want and need.
To give the public ample opportunity to participate in the budgeting process, local budget law requires that a Budget
Officer be appointed, and a Budget Committee be formed. The Budget Officer draws together necessary information
and prepares the first draft of the budget. The City Manager serves as the Budget Officer. The Budget Committee
then reviews and revises the proposed budget before making its recommendations to the City Council. Notices are
published, budgets are made available for review, and at least two public hearings are held one hearing is held
before the Budget Committee, which is composed of the eight City Councilors and eight appointed citizen members,
and one hearing is held before the City Council. Additionally, opportunities for public testimony are provided at many
Budget Committee meetings.
The legally adopted budget is at the fund and department level for operating expenditures, with separate
appropriations established for capital projects and non-departmental expenditures such as debt service, interfund
transfers, and special payments. Budgetary controls are administered internally at a more restrictive level. Budget-
to-actual comparisons are provided in this report for each individual fund for which an appropriated annual budget
has been adopted. For the General Fund and the Community Development Fund, this comparison is presented as
required supplementary information in this report. For all other funds, this comparison is presented as other
supplementary information.
2
December 9, 2019, Meeting - Item 2CCC Agenda - Page 46
Local Economy
Eugene is the largest city in Lane County and the second largest city in Oregon, representing 45.2% of the county’s
and 4% of the state’s population. Eugene’s economy typically follows the trends of the state and national economies.
After years of expansion, the pace of local economic growth remains similar to that of the state economy. Annual
job growth in the Eugene-Springfield MSA in 2018 was equal to the state’s overall growth rate of 1.9%. Eugene’s
2018 unemployment rate remained steady at 4.5%, slightly higher than the state of Oregon and national
unemployment rates.
The two pillars that have historically provided relative stability in Eugene’s economy are the large public sector
employment base and population in-migration. In-migration has bolstered the area’s population growth over the
past decade. The University of Oregon (UO), available health care and abundant outdoor recreation amenities
make Eugene a favorable place to live. California has been the largest source of new residents to the area due to
Eugene’s proximity, natural and cultural amenities, and relatively lower cost of living. Eugene’s population growth
slowed somewhat in the years following the last recession as the local economy contracted and the labor market
weakened. However, population growth has rebounded in the last four years, increasing by rates above the ten-
year average.
Federal, state and county government agencies provide stable employment for the local community, and the health
care and social assistance sector comprises the largest employment base in the city. Eugene is home to Lane
Community College, Northwest Christian University, and the University of Oregon. UO employs thousands of full-
time workers, and brings a large population of students to live, work, and recreate in Eugene. In the fall term of the
2018-19 academic year, 22,760 students were enrolled at UO. In 2020, UO will open the $1.0 billion Phil and Penny
Knight Campus for Accelerating Scientific Impact. The Knight Campus is designed to foster collaboration between
the next generation of scientists, industry and scientific entrepreneurs to improve the quality of life for Oregonians,
the nation and the world.
Other planned developments signify continued optimism and growth in Eugene’s economy. Sixteen acres of former
industrial space on the Willamette River are currently under development and will include a new park and plaza, as
well as housing and mixed-use development, directly connecting our downtown and campus areas to the river. In
Downtown, a $60.0 million 5th Street Public Market expansion will expand housing, retail and office space, as well
as hospitality. Additionally, the City is leading an inclusive public involvement process to design a new Town Square
that includes improvements to the Downtown Park Blocks, infrastructure for an all-season Farmer’s Market, and
space for a new Eugene City Hall.
Businesses and organizations throughout the community are preparing to host the 2021 World Championships,
which will be the world’s largest sporting event that year. The 10-day competition is expected to bring over 2,000
athletes from over 190 countries to Eugene, roughly 3,000 media attendees, and up to six billion media impressions.
The University of Oregon is undergoing a donor-funded $200.0 million renovation of its famous Hayward Field
facility to more than double the spectator capacity. A preliminary economic report from 2015 estimates
approximately 55,000 visitors for the event, with 60.5% of visitors coming from outside of Oregon. The City of
Eugene is working with local, national, and international partners to ensure that the community can absorb an event
of this magnitude, while being socially and environmentally responsible.
Long-term Financial Planning
The City of Eugene recognizes the importance of strategic long-term financial planning. Each year, forecasts are
prepared to estimate the financial health of significant funds for the next six fiscal years. These forecasts are
designed to inform policy makers about the long-term impacts of pending budget decisions and other potential
financial dynamics for City operations. The City also adopts a six-year capital planning document the Capital
Improvement Program and regularly conducts a Debt Capacity Analysis. Staff also compile the Unfunded Needs
Assessment, an inventory of unfunded needs that is presented in the proposed and adopted budget documents.
The largest fund is the General Fund, which is the general operating fund for the City. In preparation for the FY20
budget, the General Fund forecast was updated to provide policy makers with the financial outlook for the fund. The
forecast indicated that the General Fund remains in a stable position through FY21, with a projected budget gap
beginning in FY22 driven by a significant increase in PERS rates assumed that year. However, new legislation
passed by the State Legislature in 2019 may limit the extent to which PERS rates increase in FY22. It will take time
for PERS to fully analyze and implement the rules of the new legislation; any rate impacts resulting from this bill or
City actions will be reflected in future forecasts.
3
December 9, 2019, Meeting - Item 2CCC Agenda - Page 47
To account for these and other uncertainties, the FY20 Budget includes $1.5 million of financial stability strategies
to mitigate uncertainty in the outyears of the General Fund forecast. By implementing these budgetary actions in
FY20, the budget gap that begins in FY22 is mitigated and revenues are greater than expenditures by the end of
the forecast, providing more resiliency to the General Fund and positioning the organization to be responsive as we
look to the future.
In March 2019, the City Council approved the FY20-25 Capital Improvement Program (CIP). The CIP forecasts the
City’s capital needs over a six-year period based on various long-range plans, goals, and policies. The underlying
strategy of the CIP is to plan for land acquisition, construction, and major maintenance of public facilities necessary
for the safe and efficient management of City assets. A critical element of a balanced CIP is the provision of funds
to preserve or enhance existing facilities and provide new assets which will help the City respond to changing
service needs and community growth.
The City also recognizes the need to be thoughtful and deliberate in planning future debt levels. As a result, the
City has developed a Debt Capacity Analysis. This study looks at not just the legally allowable level of debt, but the
level of debt that the community would consider affordable, given the community’s ability and willingness to pay for
that debt. The Budget Committee adopted a debt policy limit of net direct debt of no more than 1% of real market
value of property. The Debt Capacity Analysis measures future debt plans against this debt policy limit to determine
whether those plans are considered affordable. The City’s net direct debt to real market value was 0.05% at the
end of FY18. The City issued an additional $28.6 million in bonds in February 2019 as part of the Parks and
Recreation Bond approved by voters in the May 2018 election.
Major New Initiatives
The City strives to make progress on all of the City Council goals, as circumstances and funding allow. A number
of the major new initiatives reflect these efforts.
Community Safety System
System Stabilization Strategies
As part of the FY19 Supplemental Budget, the City Council approved an 18-month bridge funding strategy totaling
$8.6 million that is designed to address critical Community Safety System needs from January 2019 through June
2020. The goal is to stabilize services for prevention, homelessness, public safety and emergency response. After
approving the 18-month bridge funding, the City Council also gave direction to immediately begin work on long‐
term funding strategies to address critical community safety needs. A Community Safety Revenue Team was
formed to develop a recommendation for the City Manager. The team began meeting in November 2018 and
developed a strategy to fund $23.6 million of Community Safety System strategies on an ongoing basis.
Funding Strategy - Payroll Tax
The Community Safety Revenue Team’s recommendation to the City Manager was to implement a payroll tax to
provide ongoing funding support for the $23.6 million in community safety services on an annual basis, with an
option to be phased in over six years. Following an extensive public information and community engagement
process, Eugene City Council held a public hearing on the proposed community safety payroll tax on May 28, 2019.
Following the public hearing, the Eugene City Council passed the community safety payroll tax ordinance on June
10, 2019, in order to provide ongoing, sustainable funding for these city-wide public safety efforts. This ordinance
went into effect on July 11, 2019.
The Council made adjustments to the ordinance to take into account public and business community feedback,
including an exemption for minimum wage earners, a reduced rate for those making $12.01-$15.00 per hour, and
reducing the rate for small businesses with two or fewer employees. Several ordinance revisions were made to
ensure that funds are used for community safety services, will have an analysis of economic impacts, and that the
outcomes will be measured and reported. The City Council must refer the payroll tax to the voters by 2028 in order
for the tax to continue; if not referred by the Council or approved by the voters, the community safety payroll tax will
sunset.
4
December 9, 2019, Meeting - Item 2CCC Agenda - Page 48
December 9, 2019, Meeting - Item 2CCC Agenda - Page 49
Certificate of
Achievement
Reporting
Executive Director/CEO
6
December 9, 2019, Meeting - Item 2CCC Agenda - Page 50
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 51
CITY OF EUGENE, OREGON
Mayor and City Council as of June 30, 2019
Name Term Expires
Mayor: Lucy Vinis January 2021
Councilors: Emily Semple (Ward 1) January 2021
Betty Taylor (Ward 2) January 2021
Alan Zelenka (Ward 3) January 2023
Jennifer Yeh (Ward 4) January 2023
Mike Clark (Ward 5) January 2023
Greg Evans (Ward 6) January 2023
Claire Syrett (Ward 7) January 2021
Chris Pryor (Ward 8) January 2021
Principal Officials
Jon R. Ruiz, City Manager
Kristie Hammitt, Assistant City Manager
Kathryn Brotherton, City Attorney
Mia Cariaga, Central Services Executive Director
Chris Heppel, Fire and Emergency Medical Services Chief, AIC
Renee Grube, Library, Recreation, and Cultural Services Executive Director
Denny Braud, Planning and Development Executive Director
Chris Skinner, Chief of Police
Sarah Medary, Public Works Executive Director
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 52
INDEPENDENT AUDITOR’S REPORT
To the Honorable Mayor and Members of the City Council
City of Eugene, Oregon
Report on the Financial Statements
We have audited the accompanying financial statements of the governmental activities, the business‐type
activities, each major fund, and the aggregate remaining fund information of the City of Eugene, Oregon
(“the City”) as of and for the year ended June 30, 2019, and the related notes to the financial statements,
which collectively comprise the City’s basic financial statements as listed in the table of contents.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in
accordance with accounting principles generally accepted in the United States of America; this includes
the design, implementation, and maintenance of internal control relevant to the preparation and fair
presentation of financial statements that are free from material misstatement, whether due to fraud or
error.
Auditors’ Responsibility
Our responsibility is to express opinions on these financial statements based on our audit. We conducted
our audit in accordance with auditing standards generally accepted in the United States of America and
the standards applicable to financial audits contained in Government Auditing Standards, issued by the
Comptroller General of the United States. Those standards require that we plan and perform the audit to
obtain reasonable assurance about whether the financial statements are free from material
misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in
the financial statements. The procedures selected depend on the auditor’s judgment, including the
assessment of the risks of material misstatement of the financial statements, whether due to fraud or
error. In making those risk assessments, the auditor considers internal control relevant to the entity’s
preparation and fair presentation of the financial statements in order to design audit procedures that are
appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of
the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating
the appropriateness of accounting policies used and the reasonableness of significant accounting
estimates made by management, as well as evaluating the overall presentation of the financial
statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for
our audit opinions.
RSM US Alliance member firms are separate and independent businesses and legal entities that are responsible for their own
acts and omissions, and each are separate and independent from RSM US LLP. RSM US LLP is the U.S. member firm of RSM
International, a global network of independent audit, tax, and consulting firms. Members of RSM US Alliance have access to
RSM International resources through RSM US LLP but are not member firms of RSM International.9
December 9, 2019, Meeting - Item 2CCC Agenda - Page 53
Opinions
In our opinion, the financial statements referred to above present fairly, in all material respects, the
respective financial position of the governmental activities, the business‐type activities, each major fund,
and the aggregate remaining fund information of the City as of June 30, 2019, 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.
Other matters
Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the management’s
discussion and analysis (pages 13 through 21), the schedules of revenues, expenditures and changes in
fund balances – budget and actual of the General Fund and the Community Development Fund (pages 83
through 84) (the “budgetary schedules”), the schedule of the City’s Proportionate Share of the Net
Pension Asset/(Liability) (page 85), the schedule of the City’s Proportionate Share of the Net OPEB RHIA
Asset (Liability) (page 86), the Schedule of Changes in the City’s Total OPEB RHLI Asset (Liability) (page 86)
and the budget to GAAP reconciliation (page 87), be presented to supplement the basic financial
statements. Such information, although not a part of the basic financial statements, is required by the
Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting
for placing the basic financial statements in an appropriate operational, economic, or historical context.
We have applied certain limited procedures to management’s discussion and analysis, the schedule of the
City’s Proportionate Share of the Net Pension Asset (Liability), the schedule of the City’s Proportionate
Share of the Net OPEB RHIA Asset (Liability), and the Schedule of Changes in the City’s Total OPEB RHLI
Asset (Liability) in accordance with auditing standards generally accepted in the United States of America,
which consisted of inquiries of management about the methods of preparing the information and
comparing the information for consistency with management’s responses to our inquiries, the basic
financial statements, and other knowledge we obtained during our audit of the basic financial statements.
We do not express an opinion or provide any assurance on the information because the limited
procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
Our audit was conducted for the purpose of forming opinions on the financial statements that collectively
comprise the City’s basic financial statements. The budgetary schedules described above on pages 83 ‐ 84
and the budget to GAAP reconciliation on page 87 are the responsibility of management and were derived
from and relate directly to the underlying accounting and other records used to prepare the basic
financial statements. The budgetary schedules and budget to GAAP reconciliation have been subjected to
the auditing procedures applied in the audit of the basic financial statements and certain additional
procedures, including comparing and reconciling such information directly to the underlying accounting
and other records used to prepare the basic financial statements or to the basic financial statements
themselves, and other additional procedures in accordance with auditing standards generally accepted in
the United States of America. In our opinion, the budgetary schedules and budget to GAAP reconciliation
are fairly stated, in all material respects, in relation to the basic financial statements as a whole.
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 54
Other Information
Our audit was conducted for the purpose of forming opinions on the financial statements that collectively
comprise the City’s basic financial statements. The introductory section (pages 1 through 8); other
supplementary information (pages 89 through 134); other supplementary schedules (page 136 through
137) and statistical tables section (pages 139 through 158) are presented for purposes of additional
analysis and are not a required part of the basic financial statements. The accompanying schedule of
expenditures of federal awards (pages 172 through 174) is presented for purposes of additional analysis
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 is also not a required part
of the basic financial statements. The other supplementary information, other supplementary schedules,
and the schedule of expenditures of federal awards are the responsibility of management and were
derived from and relate directly to the underlying accounting and other records used to prepare the basic
financial statements. Such information has been subjected to the auditing procedures applied in the audit
of the basic financial statements and certain additional procedures, including comparing and reconciling
such information directly to the underlying accounting and other records used to prepare the basic
financial statements or to the basic financial statement themselves, and other additional procedures in
accordance with auditing standards generally accepted in the United States of America. In our opinion,
the information is fairly stated, in all material respects, in relation to the basic financial statements taken
as a whole.
The introductory and statistical tables section have not been subjected to the auditing procedures applied
in the audit of the basic financial statements and, accordingly, we do not express an opinion or provide
any assurance on them.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated November 8,
2019, on our consideration of the City’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 City’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
City’s internal control over financial reporting and compliance.
Report on Other Legal and Regulatory Requirements
In accordance with the Minimum Standards for Audits of Oregon Municipal Corporations, we have issued
our report dated November 8, 2019 on our consideration of the City’s compliance with certain provisions
of laws and regulations, including the provisions of Oregon Revised Statutes as specified in Oregon
Administrative Rules. The purpose of that report on pages 161 to 162 is to describe the scope of our
testing of compliance and the results of that testing and not to provide an opinion on compliance.
ISLER CPA
By Paul Nielson, CPA, a member
Eugene, Oregon
November 8, 2019
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 55
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 56
Management’s Discussion and Analysis
The management of the City of Eugene, Oregon (City) presents this narrative overview to facilitate both a short and a long-
term analysis of the financial activities of the City for the fiscal year ended June 30, 2019. This Management’s Discussion and
Analysis (MD&A) is based on currently known facts, decisions, and conditions that existed as of the date of the independent
auditor’s report. Additional information outside the scope of this analysis can be found in the Letter of Transmittal.
Financial Highlights
The City’s total assets and deferred outflows of resources at June 30, 2019 increased $103.4 million from $1.1 billion to
$1.2 billion. The increase was largely due to a $71.6 million increase in cash and investments and an increase of $22.9
million in capital assets.
The City’s total liabilities and deferred inflows of resources at June 30, 2019 increased $60.4 million from $321.4 million to
$381.8 million. The increase was attributable to increases in noncurrent liabilities of $17.0 million in net pension liability
and an increase of $25.1 million in bonds payable. In addition, deferred inflows of resources increased by $11.6 million.
The net position of the City (assets and deferred outflows of resources less liabilities and deferred inflows of resources) at
June 30, 2019 increased $43.0 million from $806.0 million to $849.0 million. The City’s unrestricted portion of net position
is a negative $31.5 million. This is primarily due to the recognition of the City’s net pension liability which continues to
increase each fiscal year.
At June 30, 2019, the General Fund’s fund balance remained at $65.0 million. $32.0 million of the General Fund’s fund
balance is unassigned.
Overview of the Financial Statements
The following discussion and analysis is intended to serve as an introduction to the City’s basic financial statements and other
required supplementary information. The City’s basic financial statements comprise three components:
1. Government-wide financial statements
2. Fund financial statements
3. Notes to the basic financial statements
Government-wide financial statements. The government-wide financial statements are designed to provide readers a
broad overview of the City’s finances, in a manner similar to a private-sector business.
The Statement of Net Position presents information on all of the City’s assets and deferred outflows of resources and liabilities
and deferred inflows of resources, with the difference between the two reported as net position.
The Statement of Activities presents information showing how the City’s net position changed during the most recent fiscal
year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of
the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will result in
cash flows in a future fiscal period. Examples of such items include earned, but uncollected property taxes, and earned, but
unused compensated absences.
Both of the government-wide financial statements distinguish functions of the City that are principally supported 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 the City include the following:
Central services
Fire and emergency medical services
Library, recreation, and cultural services
Planning and development
Police
Public works
The business-type activities of the City include the following:
Ambulance transport
Municipal airport
Parking services
Stormwater utility
Wastewater utility
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 57
The government-wide financial statements include not only the City itself (known as the primary government), but also a
legally separate Urban Renewal Agency (URA) for which the City is financially accountable. Although legally separate, the
URA’s governing body is identical to the City’s, and because the services of the URA are exclusively for the benefit of the City,
it is included as an integral part of the primary government.
The government-wide financial statements can be found at Exhibits 1 and 2 in the basic financial statements.
Fund financial statements. A fund is a grouping of related accounts that is used to maintain control over resources that have
been segregated for specific activities or objectives. The City uses fund accounting to demonstrate transparency and ensure
compliance with finance-related legal requirements. All of the funds of the City can be divided into two categories:
governmental funds and proprietary funds.
Governmental funds. Governmental funds are used to account for activities where the emphasis is placed on available
financial resources, rather than upon net income determination. Therefore, unlike the government-wide financial statements,
governmental fund financial statements focus on the acquisition and use of current spendable resources, as well as on
balances of spendable resources available at the end of the fiscal year.
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 financial decisions. Both the governmental fund Balance Sheet and the governmental fund Statement of Revenues,
Expenditures, and Changes in Fund Balances provide a reconciliation to facilitate this comparison between governmental
funds and governmental activities. These reconciliations can be found at Exhibits 3 and 5 in the basic financial statements.
The City maintains 23 individual governmental funds. Information is presented separately in the governmental fund Balance
Sheet and in the governmental fund Statement of Revenues, Expenditures, and Changes in Fund Balances for those funds
that are considered significant (major) to the City taken as a whole. These financial statements report four major funds:
General Fund, Community Development Special Revenue Fund, General Capital Projects Fund, and the Systems
Development Capital Projects Fund. Data from the other 19 governmental funds are combined into a single, aggregated
presentation. Summary fund data by fund-type for these nonmajor governmental funds is provided as other supplementary
information in the form of combining statements at B-1 and B-2 of this report. Individual fund data for each of these nonmajor
governmental funds is provided in the form of combining statements at C-1, C-2, D-1, D-2, E-1, and E-2.
The City adopts an annual appropriated budget for all governmental funds. To demonstrate compliance with the budget,
budgetary comparison statements have been provided for the General Fund and the Community Development Fund as
required supplementary information at A-1 and A-2. Budgetary comparisons for all other governmental funds have been
provided as other supplementary information at C-3 through C-14, D-3 through D-5, and E-3 through E-8.
The governmental fund financial statements can be found at Exhibits 3 and 4 in the basic financial statements.
Proprietary funds. Proprietary funds are used to account for activities where the emphasis is placed on net position. The
City maintains two different types of proprietary funds – enterprise funds and internal service funds. Enterprise funds are used
to report the same functions presented as business-type activities in the governmental-wide financial statements. The City
uses enterprise funds to account for its ambulance transport, municipal airport, parking services, stormwater utility, and
wastewater utility operations. Internal service funds are an accounting device used to accumulate and allocate costs internally
among the City’s various functions. The City uses internal service funds to account for engineering services, facilities
services, fleet services, information systems and services, and risk and benefits management activities. Because internal
service funds predominantly benefit governmental rather than business-type functions, their assets, deferred outflows of
resources, liabilities, and deferred inflows of resources have been included with the governmental activities in the government-
wide financial statements.
The enterprise funds, all of which are considered to be major funds of the City, are reported separately as proprietary fund
financial statements in the basic financial statements. Conversely, all internal service funds are combined into a single,
aggregated presentation in the proprietary fund financial statements. Individual fund data for the internal service funds is
provided as other supplementary information in the form of combining statements at G-1, G-2, and G-3.
The City adopts an annual appropriated budget for all proprietary funds. To demonstrate compliance with the budget,
budgetary comparison statements have been provided for the enterprise funds as other supplementary information at F-1
through F-5. Budgetary comparisons for the internal service funds are provided as other supplementary information at G-4
through G-8. The proprietary fund financial statements can be found at Exhibits 6, 7, and 8 in the basic financial statements.
Notes to the basic financial statements. The notes provide additional information that is essential for a full understanding of
the data provided in the government-wide and fund financial statements. They are an integral part of the financial statements
and should be read in conjunction with them.
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 58
Required supplementary information. In addition to the basic financial statements and accompanying notes, this report also
presents certain required supplementary information concerning budgetary comparisons for the General Fund and Community
Development Fund, information about the City’s progress in funding its obligation to provide pension and other post-
employment benefits to its employees, and the budget to GAAP reconciliation schedule.
Other supplementary information. The combining statements and schedules referred to earlier and the schedule of bonded
debt transactions follow the required supplementary information in this report.
Government-wide Financial Analysis
Net position may serve over time as a useful indicator of a government’s financial health. In the case of the City, assets and
deferred outflows of resources exceeded liabilities and deferred inflows of resources by $849.0 million at the close of the fiscal
year ending June 30, 2019, an increase of $43.0 million. The following table summarizes the City’s net position.
2019 2018 2019 2018 2019 2018
Capital assets $ 490,802,488 467,044,926 256,571,551 257,404,328 747,374,039 724,449,254
Other assets 358,732,086 289,485,956 47,632,024 45,008,339 406,364,110 334,494,295
Total assets 849,534,574 756,530,882 304,203,575 302,412,667 1,153,738,149 1,058,943,549
Deferred outflows 62,363,391 55,427,463 14,700,107 12,990,210 77,063,498 68,417,673
Total deferred outflows 62,363,391 55,427,463 14,700,107 12,990,210 77,063,498 68,417,673
Noncurrent liabilities 256,208,679 216,473,534 50,834,872 47,442,364 307,043,551 263,915,898
Other liabilities 52,817,508 48,339,622 8,063,957 6,858,024 60,881,465 55,197,646
Total liabilities 309,026,187 264,813,156 58,898,829 54,300,388 367,925,016 319,113,544
Deferred inflows 11,127,569 1,831,684 2,734,252 431,451 13,861,821 2,263,135
Total deferred inflows 11,127,569 1,831,684 2,734,252 431,451 13,861,821 2,263,135
Net position:
Net investment in
capital assets 422,441,689 452,067,031 256,571,551 257,404,328 679,013,240 709,471,359
Restricted 192,379,081 103,745,724 9,140,965 8,057,352 201,520,046 111,803,076
Unrestricted (23,076,561) (10,499,250) (8,441,915) (4,790,642) (31,518,476) (15,289,892)
Total net position $ 591,744,209 545,313,505 257,270,601 260,671,038 849,014,810 805,984,543
City of Eugene's Net Position
TotalGovernmental Activities Business-type Activities
The largest portion of the City’s net position, $679.0 million, is its net investment in capital assets. The City’s investment in
capital assets is reported net of related debt. Capital assets do not represent readily available resources to be used for
ongoing operations or to liquidate existing liabilities.
The remaining portion of the City’s net position consists of restricted and unrestricted resources. The restricted portion of the
City’s net position is $201.5 million which represents resources that are subject to external restrictions as to how they may be
used. Restricted net position increased $89.7 million in the fiscal year ending June 30, 2019, with an increase of $77.8 million
in the capital project category. The City’s unrestricted portion of net position is a negative $31.5 million.
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 59
Revenues:2019 2018 2019 2018 2019 2018
Program revenues:
Fees, fines, and charges for services $ 52,611,821 42,481,811 76,777,719 74,834,245 129,389,540 117,316,056
Operating grants and contributions 18,838,857 15,724,068 1,638,307 452,897 20,477,164 16,176,965
Capital grants and contributions 27,874,233 8,461,914 6,717,167 11,059,636 34,591,400 19,521,550
General revenues:
Taxes 133,531,122 126,155,262 0 0 133,531,122 126,155,262
Grants and contributions not restricted
to specific programs 5,699,558 5,733,521 0 0 5,699,558 5,733,521
Contributions in lieu of taxes 12,824,676 13,227,794 0 0 12,824,676 13,227,794
Franchise fees on telecom
providers revenues 11,424,731 11,286,127 0 0 11,424,731 11,286,127
Unrestricted investment earnings 8,622,148 3,334,383 849,535 253,145 9,471,683 3,587,528
Total revenues 271,427,146 226,404,880 85,982,728 86,599,923 357,409,874 313,004,803
Program expenses:
Central services 33,235,243 33,984,575 0 0 33,235,243 33,984,575
Fire and emergency medical services 35,157,534 34,507,024 0 0 35,157,534 34,507,024
Library, recreation, and cultural services 37,023,171 36,907,151 0 0 37,023,171 36,907,151
Planning and development 19,263,816 18,337,122 0 0 19,263,816 18,337,122
Police 62,652,581 57,810,827 0 0 62,652,581 57,810,827
Public works 39,872,034 40,674,094 0 0 39,872,034 40,674,094
Interest on long-term debt 3,853,302 3,456,197 0 0 3,853,302 3,456,197
Ambulance transport 0 0 11,572,312 10,395,356 11,572,312 10,395,356
Municipal airport 0 0 16,725,563 15,868,106 16,725,563 15,868,106
Parking services 0 0 7,116,757 6,725,438 7,116,757 6,725,438
Stormwater utility 0 0 19,924,874 17,420,308 19,924,874 17,420,308
Wastewater utility 0 0 27,982,420 26,813,149 27,982,420 26,813,149
Total direct expenses 231,057,681 225,676,990 83,321,926 77,222,357 314,379,607 302,899,347
Indirect expense allocation*(4,510,000) (4,199,000) 4,510,000 4,199,000 0 0
Total expenses 226,547,681 221,477,990 87,831,926 81,421,357 314,379,607 302,899,347
Change in net position before transfers 44,879,465 4,926,890 (1,849,198) 5,178,566 43,030,267 10,105,456
Transfers 1,551,239 528,264 (1,551,239) (528,264)0 0
Change in net position after transfers 46,430,704 5,455,154 (3,400,437) 4,650,302 43,030,267 10,105,456
Net position July 1 545,313,505 539,858,351 260,671,038 256,020,736 805,984,543 795,879,087
Net position June 30 $ 591,744,209 545,313,505 257,270,601 260,671,038 849,014,810 805,984,543
* The program expenses above do not include the indirect expense allocation that is reported in the Statement of Activities (Exhibit 2).
City of Eugene's Changes in Net Position
Governmental Activities Business-type Activities Total
Governmental activities. The change in net position from the prior year for governmental activities before transfers
increased by $40.0 million. The increase was driven by:
Revenues increased by $45.0 million, primarily due to an increase of $19.4 million in capital grants and contributions,
$10.1 million in fees, fines, and charges for services, $7.4 million in taxes, and $5.3 million in investment earnings.
Program expenses increased by $5.4 million in total. The largest increase was in the Police Department.
This next chart compares revenues and expenses for the individual governmental activities for the current year.
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 60
3.9
39.9
62.7
19.3
37.0
35.2
33.2
55.1
5.1
20.4
9.1
4.3
5.4
Interest on debt
Public works
Police
PDD
LRCS
Fire & EMS
Central services
(in millions of dollars)
Governmental Activities
Revenues and Expenses Revenues Expenses
The next chart shows the percent of the total for each source of revenue supporting governmental activities. As the chart
reflects, most governmental activities relied on taxes for support.
19.4%
6.9%
10.3%
49.2%
2.1%
4.7%4.2%3.2%
Governmental Activities
Revenues by Source
Fees, fines, and charges for services (19.4%)
Operating grants and contributions (6.9%)
Capital grants and contributions (10.3%)
Taxes (49.2%)
Grants and contributions not restricted to specific
programs (2.1%)
Contributions in lieu of taxes (4.7%)
Franchise fees on telecom providers revenues (4.2%)
Unrestricted investment earnings (3.2%)
Business-type activities. The change in net position from the prior year for business-type activities, before transfers,
decreased $7.0 million. The decrease was driven by:
Revenues decreased by $0.6 million, primarily due to a $1.9 million increase in fees, fines, and charges for services,
an increase of $1.2 million in operating grants and contributions offset by a decrease in capital grants and
contributions of $4.3 million.
Program expenses increased by $6.1 million across all funds. The largest increases were $1.2 million in the
Ambulance Transport Fund, $2.5 million in the Stormwater Utility Fund, and $1.2 million in the Wastewater Utility
Fund.
The following chart compares revenues to expenses by individual business-type activity for the fiscal year. In comparison to
governmental activities, business-type activities typically recover their costs through program revenues.
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 61
28.0
19.9
7.1
16.7
11.6
27.3
21.5
7.3
17.6
11.4
Wastewater utility
Stormwater utility
Parking services
Municipal airport
Ambulance transport
(in millions of dollars)
Business-type Activities
Revenues and Expenses Revenues Expenses
The chart below shows that 89.3% of revenues for business-type activities are generated from fees, fines, and charges for
services. Capital grants and contributions were derived predominantly from grants from the Federal Aviation Administration
and the donation of infrastructure stemming from the development of new residential areas.
89.3%
1.9%
7.8%1.0%
Business-type Activities
Revenues by Source
Fees, fines, and charges for services (89.3%)
Operating grants and contributions (1.9%)
Capital grants and contributions (7.8%)
Unrestricted investment earnings (1.0%)
Capital assets. The City’s capital assets for its governmental and business-type activities as of June 30, 2019 amounted to
$747.4 million (net of accumulated depreciation). Capital assets include land, rights-of-way, construction in progress, buildings
and equipment, improvements other than buildings (such as parks and park improvements), storm sewers and trunk sewers
(stormwater and wastewater systems), intangibles, and infrastructure (such as roads and sidewalks).
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 62
2019 2018 2019 2018 2019 2018
Land $ 84,734,183 77,293,927 17,168,640 17,168,640 101,902,823 94,462,567
Construction in progress 39,799,697 18,524,079 5,626,782 6,944,090 45,426,479 25,468,169
Buildings and equipment 131,652,337 134,215,642 57,281,912 58,243,003 188,934,249 192,458,645
Improvements other
than buildings 39,549,185 42,278,221 41,408,148 38,727,235 80,957,333 81,005,456
Storm sewers and
trunk sewers 0 0 135,086,069 136,321,360 135,086,069 136,321,360
Infrastructure 187,625,768 190,054,211 0 0 187,625,768 190,054,211
Intangible 7,441,318 4,678,846 0 0 7,441,318 4,678,846
$ 490,802,488 467,044,926 256,571,551 257,404,328 747,374,039 724,449,254
City of Eugene's Capital Assets, Net of Accumulated Depreciation
Business-type ActivitiesGovernmental Activities Total
The primary capital asset increases during FY19 were a $13.2 million donation from ODOT for a section of Highway 99 that
will now be maintained by the City.
Additional information on the City’s capital assets can be found in the Notes to Basic Financial Statements (Note 4E).
Bonded Debt. At the end of the fiscal year, the City had total liabilities and deferred inflows of resources of $381.8 million. Of
this amount, $87.5 million represented outstanding bonded indebtedness. Outstanding bonded debt included $36.0 million in
general obligation bonds and revolving credit facilities to be serviced by general property taxes, $0.2 million in limited tax
improvement bonds to be serviced by payments from property owners benefitting from the improvements, and $49.7 million in
limited tax pension bonds to be repaid from existing revenue sources, all backed by the full faith and credit of the City.
2019 2018 2019 2018 2019 2018
General obligation bonds $ 35,990,000 8,695,000 0 0 35,990,000 8,695,000
Limited tax bonds 41,187,655 43,992,044 8,638,019 9,221,483 49,825,674 53,213,527
Bond premium 1,720,357 540,009 0 0 1,720,357 540,009
$ 78,898,012 53,227,053 8,638,019 9,221,483 87,536,031 62,448,536
City of Eugene's Bonded Debt
Governmental Activities Business-type Activities Total
The City’s bonded debt increased $25.1 million during the year as the result of issuance of new debt less current year debt
service payments.
Moody’s Investors Service rates the City’s publicly offered bond issues. The City’s most recent ratings from Moody’s are as
follows:
Aa1 for general obligation bonds (Jan 2019).
The Oregon Local Governments Limited Tax Pension Obligations, Series 2002, are insured by Ambac Assurance and
were rated Aaa at issuance. Subsequent to issuance, Ambac Assurance was downgraded by Moody’s Investors Service
to Caa2. In July 2018, Moody’s Investors Service upgraded the underlying rating on Oregon Local Governments Limited
Tax Pension Obligations, Series 2002 to Aa3 from A2. In April 2011, Ambac Assurance severed their relationship with
Moody’s requesting that Ambac ratings be withdrawn. Moody’s ratings on securities insured by Ambac will be maintained
at the published underlying rating, or Aa3. The pension obligations were issued as one offering for certain Oregon cities,
counties, and special districts. The City of Eugene’s share of the total pension obligations on which the rating was based
is 29.7%.
Under Oregon Revised Statutes, general obligation debt issues are limited to 3.0% of the real market value of all taxable
property within the City’s boundaries. The $36.0 million in general obligation debt applicable to this limit is well below the
$866.4 million ceiling. The City’s net direct general obligation bonded debt per capita is $212.
Additional information on the City’s bonded debt can be found in the Notes to Basic Financial Statements (Note 4H).
19
December 9, 2019, Meeting - Item 2CCC Agenda - Page 63
Fund-based Financial Analysis
As previously discussed, the City uses fund accounting to demonstrate transparency and ensure compliance with finance-
related legal requirements.
Governmental funds. The focus of the City’s governmental funds is to provide information on near-term inflows, outflows,
and balances of spendable resources. Such information is useful in assessing the City’s requirements for funding day-to-day
operations. Significant issues regarding the governmental funds are listed below.
As of the end of the fiscal year, the City’s governmental funds reported a combined ending fund balance of $238.6 million, an
increase of $62.5 million from the prior year. $2.9 million of the fund balance is nonspendable because it consists of the
prepaid expenditures and inventories. The remaining $235.7 million of fund balance was classified as follows.
$103.2 million was restricted due to external limits on how the resources may be used.
$17.6 million was committed as a result of specific constraints placed on the use of the resources per City ordinance.
$82.9 million was assigned per City Council’s intent to use these resources for a specific purpose: unappropriated
ending fund balance, balancing the next year’s budget, and uncompleted capital projects are the primary
components.
$32.0 million was unassigned and is available to be used at the government’s discretion, subject to fund limitations.
The fund balance of the City’s General Fund increased $0.1 million from $64.9 million to $65.0 million during the current fiscal
year.
The fund balance in the Community Development Fund decreased $1.0 million from $4.1 million to $3.1 million during the
fiscal year.
The fund balance in the General Capital Projects Fund increased $35.0 million from $20.3 million to $55.3 million during the
fiscal year.
The fund balance in the Systems Development Capital Projects Fund increased $4.9 million from $31.4 million to $36.3 million
during the fiscal year. The increase was primarily due to the accumulation of resources for future park developments and
transportation projects.
Proprietary funds. The City’s proprietary fund statements provide the same type of information found in the government-wide
financial statements, but in more detail.
Unrestricted net position of each proprietary fund are as follows:
Unrestricted
Fund Name Net Position
Ambulance Transport $ (7.6) million
Municipal Airport (1.0) million
Parking Services (1.1) million
Stormwater Utility 4.8 million
Wastewater Utility (8.8) million
Total business-type net position (excluding the consolidation of internal service fund activities) decreased $3.2 million in the
fiscal year with the significant changes highlighted by fund below.
The Ambulance Transport Fund’s net position had a small increase of $0.2 million. A transfer from the General Fund
of $1.4 million helped the fund cover increased operating costs in FY19.
The Municipal Airport Fund experienced a $1.1 million decrease in net position. The most significant changes were
the fund’s capital contributions decrease of $4.1 million from FY18 to FY19 and a transfers out increase of $1.5
million to pay for equipment maintained in the Fleet Fund.
The Parking Services Fund’s net position decreased $0.9 million primarily due to expenses outpacing revenues in the
current year.
The Stormwater Utility Fund’s net position increased $0.9 million. Increases in interest revenue of $0.2 million and
capital contributions of $0.4 million were the primary factors.
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 64
The Wastewater Utility Fund’s net position decreased $2.3 million. The primary reason for the decrease was the fund
had an operating loss of $3.1 million offset by $1.1 million in capital contribution revenue.
Other factors concerning the finances of proprietary funds can be found in the previous discussion of the City’s business-type
activities.
General Fund Budgetary Highlights
The City’s final General Fund budget differs from the original budget in that it contains carry-forward appropriations for various
programs and projects, and supplemental appropriations approved during FY19. As a result, the final fiscal year 2019 budget
for the General Fund increased by $14.2 million. The primary reasons for this increase were as follows:
$11.5 million for one-time funding requests
$2.1 million in contractual obligations to vendors
$4.0 million in program reappropriations
These changes were partially funded by increases of $0.9 million in charges for services, $0.7 million in taxes, and $0.8 million
in intergovernmental revenues (grant funding). The remaining funding of $15.2 million is from a combination of unspent
resources and reserves from the prior year.
The difference between the budget and actual FY19 results is recorded as an adjustment to budgeted FY20 Beginning
Working Capital (BWC). The FY20 BWC adjustment is an increase of $2.3 million. This means that the aggregated beginning
resources for FY20 were under‐estimated by that amount when the budget was prepared in early 2019.
Economic Factors and Next Year’s Budgets and Rates
During the preparation of the budget for the ensuing fiscal year, the long-term impacts of the local economy were examined in
conjunction with business decisions made by the City. The following were the major assumptions used in developing the
FY20 budget:
Property tax revenues were expected to increase 4.0%.
Salaries for non-represented employees and employees covered under collective bargaining agreements were expected
to increase 2.0% - 2.5%.
Health benefit rates were increased by 7.5%.
Retirement costs were expected to range from 21.73% to 36.57% of payroll, depending on which pension plan the
employee participates in.
Interest rates on investments were projected to be 2.5%.
Requests for Information
This financial report is designed to provide a general overview of the City’s finances. Questions concerning any of the
information provided in this report or requests for additional financial information should be addressed to:
Fionan Cronin, CPA
Assistant Finance Director
City of Eugene
100 West 10th Avenue, Suite 400
Eugene, Oregon 97401
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 65
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22
December 9, 2019, Meeting - Item 2CCC Agenda - Page 66
City of Eugene, Oregon Exhibit 1
Statement of Net Position
June 30, 2019
(amounts in dollars)
Governmental Business-type
Assets Activities Activities Total
Current assets
Equity in pooled cash and investments 317,222,780 30,964,495 348,187,275
Receivables (net of allowance)30,044,184 8,136,776 38,180,960
Internal balances (3,640,385)3,640,385 0
Due from other governments 7,366,804 4,825,379 12,192,183
Inventories 1,051,173 43,799 1,094,972
Prepaids and deposits 2,066,924 10,186 2,077,110
Assets held for resale 3,060,606 0 3,060,606
Total current assets 357,172,086 47,621,020 404,793,106
Noncurrent assets
Loans and notes receivable 0 11,004 11,004
Advances to other funds 1,560,000 0 1,560,000
Capital assets:
Land and construction in progress 124,533,880 22,795,422 147,329,302
Other capital assets (net of accumulated depreciation)366,268,608 233,776,129 600,044,737
Total noncurrent assets 492,362,488 256,582,555 748,945,043
Deferred outflows of resources
Related to pensions 60,366,905 14,141,813 74,508,718
Related to OPEB 1,996,486 558,294 2,554,780
Total deferred outflows of resources 62,363,391 14,700,107 77,063,498
Total assets and deferred outflows of resources 911,897,965 318,903,682 1,230,801,647
Liabilities
Current liabilities
Accounts payable 3,933,917 1,607,675 5,541,592
Wages payable 9,100,742 2,096,294 11,197,036
Compensated absences payable 11,219,732 2,474,231 13,693,963
Due to other governments 2,105,865 900,920 3,006,785
Notes and contracts payable 204,000 0 204,000
Claims payable 14,575,865 0 14,575,865
Deposits 2,260,152 761,942 3,022,094
Interest payable 369,808 48,234 418,042
Unearned revenue 5,362,711 110,938 5,473,649
Bonds payable 3,684,716 63,723 3,748,439
Total current liabilities 52,817,508 8,063,957 60,881,465
Noncurrent liabilities
Compensated absences payable 187,376 24,477 211,853
Notes and contracts payable 5,076,000 0 5,076,000
Advances from other funds 960,000 600,000 1,560,000
Bonds payable (net of unamortized discount/premium)75,213,296 8,574,296 83,787,592
Net pension liability 161,340,621 38,486,071 199,826,692
Net OPEB liability 13,431,386 3,150,028 16,581,414
Total noncurrent liabilities 256,208,679 50,834,872 307,043,551
Deferred inflows of resources
Related to pensions 10,803,098 2,651,738 13,454,836
Related to OPEB 324,471 82,514 406,985
Total deferred inflows of resources 11,127,569 2,734,252 13,861,821
Total liabilities and deferred inflows of resources 320,153,756 61,633,081 381,786,837
Net position
Net investment in capital assets 422,441,689 256,571,551 679,013,240
Restricted for:
Capital projects 136,657,334 9,140,965 145,798,299
Debt service 1,147,169 0 1,147,169
Community development 13,560,404 0 13,560,404
Urban renewal 23,391,069 0 23,391,069
Other purposes 17,623,105 0 17,623,105
Unrestricted (23,076,561)(8,441,915)(31,518,476)
Total net position 591,744,209 257,270,601 849,014,810
The accompanying notes are an integral part of the financial statements.
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 67
City of Eugene, Oregon Exhibit 2
Statement of Activities
For the fiscal year ended June 30, 2019
(amounts in dollars)
Net (Expense) Revenue and
Program Revenues Changes in Net Position
Fees,
Indirect Fines, and Operating Capital
Direct Expenses Charges for Grants and Grants and Governmental Business-type
Expenses Allocation Services Contributions Contributions Activities Activities Total
Functions/Programs
Governmental activities:
Central services 33,235,243 (23,591,666) 5,133,057 15,372 255,926 (4,239,222)0 (4,239,222)
Fire and emergency medical services 35,157,534 4,548,327 4,254,751 21,261 0 (35,429,849)0 (35,429,849)
Library, recreation, and cultural services 37,023,171 3,389,414 8,881,595 234,479 0 (31,296,511)0 (31,296,511)
Planning and development 19,263,816 1,819,479 17,070,361 3,296,604 0 (716,330)0 (716,330)
Police 62,652,581 7,655,265 3,254,951 1,847,586 0 (65,205,309)0 (65,205,309)
Public works 39,872,034 1,669,181 14,017,106 13,423,555 27,618,307 13,517,753 0 13,517,753
Interest on long term debt 3,853,302 0000(3,853,302)0 (3,853,302)
Total governmental activities 231,057,681 (4,510,000) 52,611,821 18,838,857 27,874,233 (127,222,770)0 (127,222,770)
Business-type activities:
Ambulance transport 11,572,312 786,000 10,096,055 1,315,708 0 0 (946,549) (946,549)
Municipal airport 16,725,563 632,000 13,243,998 32,849 4,293,703 0 212,987 212,987
Parking services 7,116,757 281,000 7,306,434 0 0 0 (91,323) (91,323)
Stormwater utility 19,924,874 1,081,000 19,853,877 272,886 1,367,955 0 488,844 488,844
Wastewater utility 27,982,420 1,730,000 26,277,355 16,864 1,055,509 0 (2,362,692) (2,362,692)
Total business-type activities 83,321,926 4,510,000 76,777,719 1,638,307 6,717,167 0 (2,698,733) (2,698,733)
Total activities 314,379,607 0 129,389,540 20,477,164 34,591,400 (127,222,770) (2,698,733) (129,921,503)
General revenues:
Property taxes 126,181,426 0 126,181,426
Transient room tax 2,998,379 0 2,998,379
Local motor vehicle fuel tax 3,156,006 0 3,156,006
Local marijuana tax 1,195,311 0 1,195,311
Contributions in lieu of taxes 12,824,676 0 12,824,676
Franchise fees on telecom provider's revenues 11,424,731 0 11,424,731
Grants and contributions not restricted to specific programs 5,699,558 0 5,699,558
Unrestricted investment earnings 8,622,148 849,535 9,471,683
Transfers 1,551,239 (1,551,239)0
Total general revenues and transfers 173,653,474 (701,704) 172,951,770
Change in net position 46,430,704 (3,400,437) 43,030,267
Net position, July 1, 2018 545,313,505 260,671,038 805,984,543
Net position, June 30, 2019 591,744,209 257,270,601 849,014,810
The accompanying notes are an integral part of the financial statements.
24
December 9, 2019, Meeting - Item 2CCC Agenda - Page 68
City of Eugene, Oregon Exhibit 3
Balance Sheet
Governmental Funds
June 30, 2019 Systems
(amounts in dollars)General Development Other Total
Community Capital Capital Governmental Governmental
General Development Projects Projects Funds Funds
Assets
Equity in pooled cash and investments 70,953,651 3,051,803 55,702,434 36,621,619 75,972,865 242,302,372
Receivables:
Interest 762,019 26,588 0 0 157,684 946,291
Taxes 3,759,219 0 0 0 738,676 4,497,895
Accounts 3,831,113 35,507 0 1,626,048 1,126,637 6,619,305
Assessments 0000230,541 230,541
Loans and notes 0 17,300,261 0 0 2,354,581 19,654,842
Allowance for uncollectibles (87,085) (17,608)0 0 (150,447) (255,140)
Due from other funds 1,485,054 00001,485,054
Due from other governments 2,926,643 114,003 37,615 0 3,812,059 6,890,320
Inventories 00001,051,173 1,051,173
Prepaids and deposits 1,730,503 0 0 0 65,000 1,795,503
Assets held for resale 00003,060,605 3,060,605
Total assets 85,361,117 20,510,554 55,740,049 38,247,667 88,419,374 288,278,761
Liabilities
Accounts payable 516,960 23,776 404,209 306,488 2,262,835 3,514,268
Wages payable 6,982,471 51,129 696 14,485 971,687 8,020,468
Due to other governments 1,531,744 24,347 0 0 320,123 1,876,214
Deposits 995,666 0 0 0 1,162,081 2,157,747
Interfund loans payable 0000120,000 120,000
Unearned revenue 4,865,545 171,274 0 0 325,892 5,362,711
Total liabilities 14,892,386 270,526 404,905 320,973 5,162,618 21,051,408
Deferred inflows of resources
Advances from other funds 0000960,000 960,000
Unavailable revenue 5,439,625 17,112,115 0 1,599,501 3,468,163 27,619,404
Total deferred inflows of resources 5,439,625 17,112,115 0 1,599,501 4,428,163 28,579,404
Fund balances
Nonspendable 1,730,503 0 0 0 1,196,173 2,926,676
Restricted 1,093,903 3,127,913 2,655,294 36,327,193 59,984,448 103,188,751
Committed 000017,647,972 17,647,972
Assigned 30,183,583 0 52,679,850 0 0 82,863,433
Unassigned 32,021,117 000032,021,117
Total fund balances 65,029,106 3,127,913 55,335,144 36,327,193 78,828,593 238,647,949
Total liabilities, deferred inflows
of resources, and fund balances 85,361,117 20,510,554 55,740,049 38,247,667 88,419,374
Reconciliation to the Statement of Net Position:
The Statement of Net Position reports receivables at their net realizable value. However, receivables not available to pay for
current-period expenditures are deferred in governmental funds.25,623,939
Capital assets are not financial resources in governmental funds, but are reported in the Statement of Net Position at their net
depreciable value.458,969,309
All liabilities are reported in the Statement of Net Position. However, if they are not due and payable in the current period, they
are not recorded in governmental funds.(85,832,929)
Net pension and OPEB liabilities as well as deferred inflows and outflows of resources related to pensions and OPEB are reported
in the Statement of Net Position. These items represent a consumption of net position that applies to future periods.(106,149,135)
Internal service funds are proprietary funds and not reported with governmental funds. However, because internal service funds
primarily benefit governmental activities, their assets, liabilities, and net position are reported along with governmental activities
in the Statement of Net position.60,485,076
Net position of governmental activities 591,744,209
The accompanying notes are an integral part of the financial statements.
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 69
City of Eugene, Oregon Exhibit 4
Statement of Revenues, Expenditures, and Changes in Fund Balances
Governmental Funds
For the fiscal year ended June 30, 2019
(amounts in dollars)
Systems
General Development Other Total
Community Capital Capital Governmental Governmental
General Development Projects Projects Funds Funds
Revenues
Taxes 121,044,498 0 0 0 27,269,469 148,313,967
Licenses and permits 9,482,201 0 0 0 12,204,704 21,686,905
Intergovernmental 6,379,936 3,013,566 255,926 57,713 24,829,086 34,536,227
Rental income 523,497 0 0 66,721 257,631 847,849
Charges for services 15,311,944 41,710 32,256 8,815,201 7,594,569 31,795,680
Fines and forfeits 1,672,792 0 0 0 41,656 1,714,448
Special assessments 000046,756 46,756
Repayment of revolving loans 0 1,079,792 0 0 119,019 1,198,811
Miscellaneous 2,914,025 571,639 6,408,496 995,575 2,757,771 13,647,506
Total revenues 157,328,893 4,706,707 6,696,678 9,935,210 75,120,661 253,788,149
Expenditures
Current - departmental:
Central services 18,516,601 127,000 0 58,000 4,777,110 23,478,711
Fire and emergency medical services 31,389,848 0 0 0 358,372 31,748,220
Library, recreation, and cultural services 31,702,519 0 5,198 0 2,145,664 33,853,381
Planning and development 6,968,550 5,196,370 0 150,044 9,037,836 21,352,800
Police 56,099,303 0 0 0 1,937,077 58,036,380
Public works 6,582,243 0 0 318,125 14,554,728 21,455,096
Debt service:
Principal 0 204,000 0 0 13,754,360 13,958,360
Interest 0 169,395 0 0 550,601 719,996
Issuance costs 0 0 281,130 0 24,085 305,215
Capital outlay 0 0 7,205,477 4,398,104 18,396,241 29,999,822
Special payments 19,521 000019,521
Total expenditures 151,278,585 5,696,765 7,491,805 4,924,273 65,536,074 234,927,502
Excess (deficiency) of
revenues over expenditures 6,050,308 (990,058) (795,127) 5,010,937 9,584,587 18,860,647
Other financing sources (uses)
Proceeds of debt issuance 0 0 31,128,667 0 11,240,300 42,368,967
Proceeds of sale of assets 00003,048,674 3,048,674
Transfers in 1,692,023 0 4,709,300 0 7,843,525 14,244,848
Transfers out (7,647,400)0 0 (81,605) (8,271,275) (16,000,280)
Total other financing sources (uses)(5,955,377)0 35,837,967 (81,605) 13,861,224 43,662,209
Net change in fund balances 94,931 (990,058) 35,042,840 4,929,332 23,445,811 62,522,856
Fund balances, July 1, 2018 64,934,175 4,117,971 20,292,304 31,397,861 55,382,782 176,125,093
Fund balances, June 30, 2019 65,029,106 3,127,913 55,335,144 36,327,193 78,828,593 238,647,949
The accompanying notes are an integral part of the financial statements.
26
December 9, 2019, Meeting - Item 2CCC Agenda - Page 70
City of Eugene, Oregon Exhibit 5
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, 2019
(amounts in dollars)
Net change in fund balances - total governmental funds 62,522,856
Amounts reported for governmental activities in the statement of activities are different because:
Governmental funds defer revenues that do not provide current financial resources. However, the Statement
of Activities recognizes such revenues at their net realizable value when earned, regardless of when
received.(244,266)
Donations of capital assets are reported as capital contributions in the Statement of Activities, but do not
appear in the governmental funds because they are not financial resources. In addition, the Statement of
Activities reports gains and losses arising from the disposal of existing capital assets, while governmental
funds do not.17,296,168
Governmental funds do not report expenditures for unpaid compensated absences, net pension and OPEB
liabilities, interest expense, or arbitrage since they do not require the use of current financial resources.
However, the Statement of Activities reports such expenses when incurred, regardless of when settlement
ultimately occurs.(12,830,977)
Capital outlay is reported as expenditures in governmental funds. However, the Statement of Activities
allocates the cost of capital outlays over their estimated useful lives as depreciation expense.4,610,725
Proceeds from the issuance of long-term debt provide current financial resources to governmental funds and
are reported as other financing sources. In the same way, repayments of long-term debt use current
financial resources and are reported as expenditures in governmental funds. However, neither the receipt
of debt proceeds nor the payment of debt principal affect the Statement of Activities, but are reported as
increases and decreases in noncurrent liabilities in the Statement of Net Position.(28,410,607)
Transfers of capital assets are often made between proprietary funds and governmental funds when the use
of an asset changes. Transfers of liabilities are sometimes made between proprietary funds and
governmental funds when the fund responsible for repayment changes. Such transfers will provide or use
economic resources in proprietary funds, but may not necessarily provide or use spendable financial
resources in governmental funds.(539,111)
Internal service funds are used by management to charge the costs of certain activities, such as insurance,
facilities, and fleet services to individual funds. The net revenue (expense) of internal service funds is
reported with governmental activities.4,025,916
Change in net position of governmental activities 46,430,704
The accompanying notes are an integral part of the financial statements.
27
December 9, 2019, Meeting - Item 2CCC Agenda - Page 71
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28
December 9, 2019, Meeting - Item 2CCC Agenda - Page 72
Ex
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 73
(this page intentionally left blank)
30
December 9, 2019, Meeting - Item 2CCC Agenda - Page 74
City of Eugene, Oregon Exhibit 7
Statement of Revenues, Expenses, and Changes in Fund Net Position
Proprietary Funds
For the fiscal year ended June 30, 2019
(amounts in dollars)
Governmental
Activities
Total
Ambulance Municipal Parking Stormwater Wastewater Internal Service
Transport Airport Services Utility Utility Totals Funds
Operating revenues
Licenses and permits 0 38,070 0 274,488 26,148 338,706 0
Rental income 0 1,100,221 589,551 4,855 6,132 1,700,759 730,121
Charges for services 9,333,642 12,079,026 5,544,632 19,536,456 26,227,797 72,721,553 73,189,539
Fines and forfeits 0 15,240 1,059,185 0 2,350 1,076,775 0
Miscellaneous 762,413 11,441 113,066 38,078 14,928 939,926 215,538
Total operating revenues 10,096,055 13,243,998 7,306,434 19,853,877 26,277,355 76,777,719 74,135,198
Operating expenses
Personnel services 6,924,757 5,752,826 1,641,562 8,006,294 11,848,785 34,174,224 16,565,692
Contractual services 405,183 1,240,919 2,214,794 1,936,350 1,787,208 7,584,454 6,221,853
Materials and supplies 1,198,074 1,225,531 496,748 2,055,508 3,252,715 8,228,576 6,151,904
Maintenance 885,611 807,294 1,544,225 2,219,137 1,915,447 7,371,714 2,188,793
Utilities 13,017 578,464 113,415 1,299,648 2,035,479 4,040,023 2,506,650
Rent 0 0 34,710 71,058 40,968 146,736 434,215
Insurance 20,197 154,021 133,397 54,222 130,406 492,243 3,178,558
Claims 0 0 0 0 0 0 28,731,447
Central business functions 786,000 632,000 281,000 1,081,000 1,730,000 4,510,000 2,171,000
Depreciation 181,459 5,563,099 636,015 2,329,552 4,167,977 12,878,102 5,164,230
Pension expense 1,818,756 1,303,890 323,654 1,600,850 2,515,336 7,562,486 3,256,972
Total operating expenses 12,233,054 17,258,044 7,419,520 20,653,619 29,424,321 86,988,558 76,571,314
Operating income (loss)(2,136,999) (4,014,046) (113,086) (799,742) (3,146,966) (10,210,839) (2,436,116)
Nonoperating revenues (expenses)
Interest revenue (11,635) 349,448 54,489 320,463 136,770 849,535 2,063,643
Interest expense (116,785) (104,668) (34,040) (154,704) (231,366) (641,563) (665,221)
Gain (loss) on sale of assets 0 0 0 0 0 0 132,813
Intergovernmental 1,315,708 32,849 0 272,886 16,864 1,638,307 362,252
Total nonoperating revenues (expenses) 1,187,288 277,629 20,449 438,645 (77,732) 1,846,279 1,893,487
Income (loss) before capital
contributions and transfers (949,711) (3,736,417) (92,637) (361,097) (3,224,698) (8,364,560) (542,629)
Capital contributions 83,545 4,293,703 0 1,695,539 1,056,422 7,129,209 651,969
Transfers in 1,432,100 0 0 0 22,871 1,454,971 3,721,010
Transfers out (403,673) (1,655,540) (838,350) (384,375) (136,314) (3,418,252)(6,239)
Change in net position 162,261 (1,098,254) (930,987) 950,067 (2,281,719) (3,198,632) 3,824,111
Total net position, July 1, 2018 (6,246,148) 97,963,892 14,304,942 71,629,398 77,541,710 61,936,404
Total net position, June 30, 2019 (6,083,887) 96,865,638 13,373,955 72,579,465 75,259,991 65,760,515
Adjustment to reflect the consolidation of internal service fund activities related to enterprise funds.(201,805)
Change in net position of business-type activities (3,400,437)
The accompanying notes are an integral part of the financial statements.
Enterprise Funds
Business-type Activities
31
December 9, 2019, Meeting - Item 2CCC Agenda - Page 75
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32
December 9, 2019, Meeting - Item 2CCC Agenda - Page 76
Ex
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33
December 9, 2019, Meeting - Item 2CCC Agenda - Page 77
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
Notes Index
(1) Summary of Significant Accounting Policies Page(s)
(A) The Financial Reporting Entity 35
(B) Organization and Operation 35
(C) Government-wide and Fund Financial Statements 36
(D) Measurement Focus, Basis of Accounting, and Financial Statement Presentation 36 - 39
(E) Risk Management 39
(F) Equity in Pooled Cash and Investments 39 - 40
(G) Receivables 40
(H) Interfund Receivables and Payables 40
(I) Inventories and Prepaid Items 40
(J) Capital Assets 40 - 41
(K) Capitalized Interest 41
(L) Compensated Absences 42
(M) Noncurrent Obligations 42
(N) Deferred Inflows/Outflows of Resources 42
(O) Pensions 42
(P) Other Post-Employment Benefits (OPEB)42 - 43
(Q) Fund Balance 43 - 44
(R) Indirect Expenses Allocation 44
(2) Reconciliation of Government-wide and Governmental Fund Financial Statements
(A) Explanation of Differences Between the Government-wide
Statement of Net Position and the Governmental Fund Balance Sheet 45
(B) Explanation of Differences Between the Government-wide
Statement of Activities and the Fund Statement of Revenues, Expenditures
and Changes in Fund Balances 46 - 47
(3) Stewardship, Compliance, and Accountability
(A) Budgetary Information 47
(B) Deficit Net Position 47
(C) Overexpenditures of Appropriations 47
(4) Detailed Notes on All Funds
(A) Equity in Pooled Cash and Investments 48 - 50
(B) Receivables 51
(C) Interfund Transfers 52
(D) Due From Other Governments 53
(E) Capital Assets 54 - 56
(F) Unavailable/Unearned Revenue 57
(G) Operating Leases 57
(H) Noncurrent Liabilities 58 - 63
(5) Other Information
(A) Risk Management 64
(B) Joint Ventures 64
(C) Retirement Plan – Oregon PERS (OPERS)65 - 71
(D) Retirement Plan – OPSRP IAP 72
(E) Other Post-Employment Benefits (OPEB) – Retirement Health Insurance Account (RHIA) 72 - 75
(F) Other Post-Employment Benefits (OPEB) – Retiree Health and Life Insurance Plan (RHLI) 76 - 79
(G) Contingencies 79
(H) Outstanding Encumbrances 80
(I) Tax Abatements 80 - 82
(J) Accounting Standards Issued but not yet Adopted 82
34
December 9, 2019, Meeting - Item 2CCC Agenda - Page 78
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
June 30, 2019
continued
(1) Summary of Significant Accounting Policies
The financial statements of the City of Eugene, Oregon (City) have been prepared in conformity with generally
accepted accounting principles (GAAP) as applied to governmental units. The Governmental Accounting Standards
Board (GASB) is the accepted standard-setting body for establishing governmental accounting and financial reporting
standards.
The City has implemented GASB Statement No. 88 Certain Disclosures Related to Debt, Including Direct Borrowings
and Direct Placements, with the objective to improve the information that is disclosed in notes to government financial
statements related to debt, including direct borrowings and direct placements.
The more significant of the City's accounting policies are described below:
(A) The Financial Reporting Entity
As defined by GAAP, the financial reporting entity consists of the primary government, as well as its component units,
which are legally separate organizations for which the elected officials of the primary government are financially
accountable. Financial accountability is defined as appointment of a voting majority of the component unit's board,
and either a) the ability to impose its will on the component unit, or b) the possibility that the component unit will
provide a financial benefit to or impose a financial burden on the primary government.
The accompanying financial statements present the City of Eugene, Oregon (the primary government) and its
component unit. The City of Eugene is a municipal corporation governed by a council comprised of eight members,
each elected by and representing the citizens of a different ward of the City, and a Mayor, who is elected at large.
The component unit discussed in the next paragraph is included in the City's reporting entity because of the
significance of its operational and financial relationship with the City.
Blended Component Unit. The Urban Renewal Agency of the City of Eugene (Agency) is a legally separate public
body, corporate and politic, created by ordinance of the City, and governed by the City Council, acting in its capacity
as the Urban Renewal Agency Board. Because the Agency's governing body is identical to the City's, and because
City management is responsible for the Agency’s operations, the funds of the Agency are blended with those of the
City by including them in the appropriate statements and schedules of this Comprehensive Annual Financial Report,
which can be viewed on the City’s website at www.eugene-or.gov. Separate financial statements for the Agency can
be obtained from the Finance Division of the City of Eugene or viewed on the City’s website.
(B) Organization and Operation
The City operates under the Eugene Charter of 1976, a general grant of powers charter. The City Council, composed
of the Mayor and eight council members, forms the legislative branch of the City government, while the City Manager
acts as the administrative head.
The accounts of the City are organized on the basis of funds. Fund accounting is designed to demonstrate legal
compliance and aid financial management by segregating government functions and activities. The operations of
each fund are accounted for by providing a separate set of self-balancing accounts which comprise its assets,
deferred outflows of resources, liabilities, deferred inflows of resources, fund balances (net position), revenues, and
expenditures (expenses).
The government-wide financial statements (Exhibits 1 and 2) report information on all activities of the primary
government and its component unit. As a general rule, the effect of interfund activity has been eliminated from these
statements. Governmental activities, which normally are supported by taxes and intergovernmental revenues, are
reported separately from business-type activities, which rely to a significant extent on fees, fines, and charges for
services.
35
December 9, 2019, Meeting - Item 2CCC Agenda - Page 79
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(1) Summary of Significant Accounting Policies, continued
(C) Government-wide and Fund Financial Statements
Fund financial statements (Exhibits 3 through 8) are provided for governmental funds and proprietary funds. Major
individual governmental funds and major individual enterprise funds are reported as separate columns in the fund
financial statements.
(D) Measurement Focus, Basis of Accounting, and Financial Statement Presentation
Measurement focus refers to what is being measured by a fund. Basis of accounting refers to when revenues and
expenditures or expenses are recognized in the accounts and reported in the financial statements.
Government-wide and Proprietary Fund Financial Statements
The government-wide and proprietary fund financial statements are accounted for using an economic resources
measurement focus, whereby all assets, deferred outflows of resources, liabilities, and deferred inflows of resources
are included in the Statement of Net Position and the Statement of Fund Net Position. The increases and decreases
in net position are presented in the government-wide Statement of Activities and in the proprietary fund Statement of
Revenues, Expenses, and Changes in Fund Net Position. These funds use the accrual basis of accounting whereby
revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing
of related cash flows.
Interfund activity consists of transfers, services provided and/or used, reimbursements, advances, and loans. As a
general rule the effect of interfund activity has been eliminated from the governmental-wide financial statements.
Exceptions to this general rule include interfund services provided and/or used. Interfund services provided and/or
used are accounted for as revenues and expenses since the elimination of such revenues and expenses would distort
the direct costs and program revenues reported for the various functions.
Amounts reported as program revenues in the Statement of Activities include 1) fees, fines, and charges for services,
2) operating grants and contributions, and 3) capital grants and contributions, including special assessments. Grants
and contributions not restricted to specific programs are reported as general revenues rather than as program
revenues. Likewise, general revenues include all taxes.
Operating revenues and operating expenses are intermediate components within the proprietary fund Statement of
Revenues, Expenses, and Changes in Fund Net Position, and include only those transactions that constitute their
principal, ongoing activities exclusive of investing or financing transactions. Significant operating revenues include
charges for services, rental income, and intergovernmental revenue. Significant operating expenses include
personnel, materials and supplies, outside services, depreciation, and pension expense. All revenues and expenses
not meeting this definition are reported as nonoperating revenues and expenses.
Governmental Fund Financial Statements
The governmental fund financial statements are accounted for using a current financial resources measurement
focus. The Balance Sheet reports current assets, current liabilities, and deferred inflows of resources; and the
Statement of Revenues, Expenditures, and Changes in Fund Balance presents increases and decreases in net fund
balance. These funds use the modified accrual basis of accounting whereby revenues are recorded only when
susceptible to accrual (both measurable and available). "Measurable" means that the amount of the transaction can
be determined. "Available" is defined as being collectible within the current period or soon enough thereafter (60
days) to be used to liquidate liabilities of the current period. Expenditures, other than interest on noncurrent
obligations, are recorded when the fund liability is incurred.
36
December 9, 2019, Meeting - Item 2CCC Agenda - Page 80
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(1) Summary of Significant Accounting Policies, continued
(D) Measurement Focus, Basis of Accounting, and Financial Statement Presentation, continued
Governmental Fund Financial Statements, continued
Real and personal property taxes are levied as of July 1 for each fiscal year on values assessed as of January 1.
Property taxes are an enforceable lien on both real and personal property as of July 1 and are due and payable in
three installments on November 15, February 15, and May 15. All property taxes are billed and collected by Lane
County and remitted to the City. In the governmental fund financial statements, property taxes are reflected as
revenues in the fiscal period for which they were levied, provided they are due, or past due and receivable within the
current period, and collected within the current period or expected to be collected soon enough thereafter to be used
to pay liabilities of the current period (60 days). Otherwise, they are reported as deferred inflows of resources.
Property taxes which are held at year-end by the collecting agency, Lane County, and are remitted to the City within
the 60-day period are reported as "Due from other governments."
Intergovernmental revenues are recognized as revenues when all eligibility requirements are met. There are,
however, essentially two types of intergovernmental revenues. In one, monies must be expended on the specific
purpose or project before any amounts will be paid to the City; therefore, all eligibility requirements are determined to
be met when the underlying expenditures are recorded. In the other, monies are virtually unrestricted as to the
purpose of the expenditure and are usually revocable only for failure to comply with prescribed requirements;
therefore, all eligibility requirements are determined to be met at the time of receipt or earlier if the susceptible to
accrual criteria are met.
Licenses and permits, charges for services, fines and forfeits, and miscellaneous revenues (except investment
earnings) are recorded as revenues when received in cash because they are generally not measurable until actually
received. Investment earnings are recorded as earned since they are measurable and available. Rental income is
typically received in advance and is reported as unearned when appropriate.
Special assessments receivable and repayment of revolving loans expected to be collected within 60 days after year-
end are considered measurable and available and are recognized as revenue. Assessment installments that are
long-term are recorded as deferred inflows of resources.
Governmental Funds
Governmental funds finance most governmental functions of the City. The acquisition, use, and balances of the City's
expendable financial resources and the related liabilities, excluding those accounted for in proprietary funds, are
accounted for through governmental funds. The measurement focus is upon determination of changes in current
financial resources, rather than upon net position determination. The following are the City's major governmental
funds:
General Fund
The General Fund is the general operating fund of the City. It is used to account for all financial resources
except those required to be accounted for in another fund. Principal sources of revenue are property taxes,
charges for services, licenses and permits, and intergovernmental revenues. Primary expenditures of the
General Fund are made for fire and emergency medical services, library, recreation, and cultural services,
planning and development, police, public works, and general administration.
Community Development Fund
The Community Development Fund is used to account for proceeds of specific revenue sources that are
restricted, committed, or assigned, including grant revenues received from the federal government under
provisions of Title I of the Community Development Act of 1974. Major expenditures include development loans
to individuals and businesses, as well as capital improvements benefiting low-income persons.
General Capital Projects Fund
The General Capital Projects Fund is used to account for the financial resources that are restricted, committed,
or assigned for capital outlay including construction of capital facilities not financed by proprietary or other capital
projects funds. General Fund transfers, federal and state grants, and bond proceeds provide the financing for the
expenditures of this fund.
37
December 9, 2019, Meeting - Item 2CCC Agenda - Page 81
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(1) Summary of Significant Accounting Policies, continued
(D) Measurement Focus, Basis of Accounting, and Financial Statement Presentation, continued
Governmental Funds, continued
Systems Development Capital Projects Fund
The Systems Development Capital Projects Fund is used to account for resources that are restricted, committed,
or assigned for construction of the non-assessable portion of capacity-enhancing capital projects. Financing is
provided by a systems development charge levied against developing properties. Expenditures are restricted by
state law to capacity-enhancing projects for the following systems: transportation, sanitary sewers, storm sewers,
and parks facilities.
Proprietary Funds
Proprietary funds are used to account for the City's ongoing operations and activities which are similar to those found
in the private sector. The measurement focus is economic resources and upon the determination of net position.
The following are the City's major proprietary funds:
Ambulance Transport Fund
The Ambulance Transport Fund accounts for the operation of emergency medical services provided to the public.
Revenues are provided by user charges.
Municipal Airport Fund
The Municipal Airport Fund accounts for the operations of the municipal airport. Principal sources of revenues
are rental of terminal space to airlines and other service providers, landing fees, and parking fees. The fund
receives Airport Improvement Program monies from the Federal Aviation Administration for capital
improvements. The fund also imposes passenger facility charges on passengers utilizing the airport, the
proceeds of which are restricted for use in financing eligible projects as determined by regulation.
Parking Services Fund
The Parking Services Fund accounts for the operations of City-owned parking facilities. Revenue sources
include parking fees and fines, meter receipts, and rentals. The revenue is used to operate and maintain the
parking facilities and to supplement the General Fund through interfund transfers.
Stormwater Utility Fund
The Stormwater Utility Fund accounts for the operation and maintenance of the stormwater drainage system and
the wetland resource protection and enhancement program. Primary revenues are stormwater user fees and the
sale of wetland mitigation credits.
Wastewater Utility Fund
The Wastewater Utility Fund accounts for the operation, construction, and maintenance of the wastewater
collection and treatment system. Primary revenues are wastewater user fees.
Additionally, the City reports the following fund type:
Internal Service Funds
Internal service funds account for those activities and services furnished internally to other organizational units
within the City on a cost reimbursement basis. Charges are made to the various departments to support these
activities. The City's internal service funds include facilities services, fleet services, information systems and
services, professional services, and risk and benefits. The aggregate of all internal service funds is reflected in
the fund financial statements.
38
December 9, 2019, Meeting - Item 2CCC Agenda - Page 82
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(1) Summary of Significant Accounting Policies, continued
(D) Measurement Focus, Basis of Accounting, and Financial Statement Presentation, continued
Other Governmental Funds
Other governmental funds include all nonmajor special revenue, debt service, and capital projects funds of the City.
The following lists all other governmental funds by governmental fund type:
Special Revenue Funds:
Construction and Rental Housing
Library Local Option Levy
Library, Parks, and Recreation
Parks and Recreation Local Option Levy
Public Safety Communications
Road
Solid Waste and Recycling
Special Assessment Management
Telecom Registration and Licensing
Urban Renewal Agency General
Urban Renewal Agency Riverfront
Urban Renewal Agency Riverfront Program Revenue
Debt Service Funds:
General Obligation
Special Assessment Bond
Urban Renewal Agency
Capital Projects Funds:
Special Assessment
Transportation
Urban Renewal Agency
Urban Renewal Agency Riverfront
(E) Risk Management
The City retains a portion of the risk of loss for workers' compensation, general liability, and medical, dental, and
vision employee benefits. The amount estimated to be payable is based on an actuarial report of the estimated
ultimate loss, including incurred but not reported claims as of the Statement of Fund Net Position date. Claims
payable include all incremental costs directly incurred as a result of a claim, and consider estimated recoveries on
both settled and unsettled claims. Claims expense is reduced by amounts recovered or expected to be recovered.
Claims liability/expense are accounted for in the City's basic financial statements in an internal service fund.
(F) Equity in Pooled Cash and Investments
Policies adopted by the Investment Advisory Board and the Eugene City Council authorize the City to invest in
obligations of the U.S. Treasury and its agencies, time certificates of deposit, governmental money market bank
deposit accounts, bankers’ acceptances, municipal bonds, corporate bonds, commercial paper, repurchase
agreements, reverse repurchase agreements, and the Oregon Local Government Investment Pool.
39
December 9, 2019, Meeting - Item 2CCC Agenda - Page 83
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(1) Summary of Significant Accounting Policies, continued
(F) Equity in Pooled Cash and Investments, continued
It is the City’s policy to report at amortized cost all short-term, highly-liquid money market investments (including
corporate bonds, commercial paper, bankers’ acceptances, municipal bonds, and U.S. Treasury and agency
obligations) and participating interest-earning investment contracts with a remaining maturity at time of purchase of
one year or less. Such investments are stated at cost, increased by accretion of discounts and reduced by
amortization of premiums, both computed by the straight-line method. Callable investments purchased at a discount
are amortized to the maturity date, and callable investments purchased at a premium are amortized to the first call
date. Investments with a remaining maturity at time of purchase of more than one year are valued at fair value.
The City maintains a common cash and investments pool for all City funds. Interest earned on the pooled cash and
investments is allocated quarterly based on each fund’s average cash and investments balance as a proportion of the
City’s total pooled cash and investments. For purposes of the Statement of Cash Flows, the City considers “cash” to
include the pooled cash and investments, since the pool has the general characteristics of a demand deposit account,
in that any participating fund may deposit additional cash at any time and also may withdraw cash at any time without
prior notice or penalty.
(G) Receivables
Unbilled City services that are significant and meet the measurable and available criteria for revenue recognition are
accrued as revenue in the governmental fund financial statements at year-end. Significant unbilled service accounts
receivable relating to the government-wide and proprietary fund financial statements are accrued as revenue when
earned.
(H) Interfund Receivables and Payables
In the course of operations, numerous transactions occur between individual funds for goods provided or services
rendered. These receivables and payables are classified as "Due from other funds" or "Due to other funds" in the
fund financial statements.
During the year, borrowings that occur between funds are classified as interfund loans or advances. In the fund
financial statements, the short-term portion of such borrowings are classified as “Interfund loans receivable” or
“Interfund loans payable”. The noncurrent portion is classified as “Advances to other funds” or “Advances from other
funds.” The governmental fund financial statements report this as nonspendable fund balance to indicate funds are
not available for appropriation and are not expendable financial resources.
In the government-wide financial statements, all interfund receivables and payables are combined and any residual
balances between the governmental and business-type activities are reported as “Internal balances.”
(I) Inventories and Prepaid Items
Inventories of materials and supplies are valued at cost or average cost using the first-in/first-out method. Inventories
are capitalized and charged to operations as consumed in both the government-wide and fund financial statements.
Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items
in both the government-wide and fund financial statements using the consumption method.
(J) Capital Assets
Capital assets are defined by the government as tangible or intangible assets that are used in operations and that
have initial useful lives extending beyond a single reporting period. The City’s capitalization threshold for tangible
assets is $5,000. Tangible assets include land, rights-of-way (included with land), buildings, improvements,
equipment, and infrastructure. The capitalization threshold for intangible assets is set at 0.5% of total capital assets
for both governmental and business-type activities. Intangible assets include copyrights, trademarks, and computer
software.
40
December 9, 2019, Meeting - Item 2CCC Agenda - Page 84
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(1) Summary of Significant Accounting Policies, continued
(J) Capital Assets, continued
Infrastructure capital assets are those that are stationary in nature and can be preserved for a significantly greater
number of years than most other capital assets. The City has a transportation infrastructure system reported in
governmental activities consisting of roads, bridges, sidewalks, and traffic and lighting systems. Specifically relating
to roads, improvements sufficient to meet the City’s engineering design standards for increased structural capacity
are capitalized. Infrastructure reported in business-type activities includes a regional airfield, parking lots, and
stormwater and wastewater collection systems. Except for governmental activities infrastructure placed in service
prior to July 1, 1980, all capital assets have been capitalized in the government-wide and proprietary fund financial
statements. In accordance with the current financial resources measurement focus, capital assets are not capitalized
in the governmental fund financial statements. All purchased capital assets are valued at cost where historical records
are available and at estimated historical cost where no historical records exist. Historical cost is measured by the
cash or cash equivalent price of obtaining an asset, including ancillary charges necessary to place the asset into its
intended location and condition for use. Donated capital assets are reported at acquisition value. Additions,
improvements, and other capital outlays that significantly extend the useful life of an asset are capitalized. Amounts
expended for maintenance and repairs are charged to expenditures/expenses in the appropriate funds as incurred
and are not capitalized. Capital improvements financed by special assessments which provide assets to the City’s
Stormwater Utility Fund and Wastewater Utility Fund are capitalized in the proprietary fund Statement of Fund Net
Position.
Capital assets are depreciated unless they are inexhaustible in nature or have an indefinite useful life (e.g., land and
rights-of-way). Depreciation is an accounting process which allocates the cost of capital assets, in a systematic and
rational manner, to those periods expected to benefit from the use of capital assets. Depreciation is not intended to
represent an estimate in the decline of fair market value, nor are capital assets, net of accumulated depreciation,
intended to represent an estimate of the current condition of the assets, or the maintenance requirements needed to
maintain the assets at their current level of condition.
Depreciation is computed over the estimated useful lives of the capital assets. All estimates of useful lives are based
on actual experience by City departments with identical or similar capital assets. Infrastructure assets are
depreciated using a composite depreciation method. All other categories of assets are depreciated on the straight-
line basis of accounting. The estimated useful lives of the various categories of assets are as follows:
Estimated
Category useful life
Buildings 40-50 years
Improvements other than buildings 20 years
Infrastructure 25-40 years
Equipment 3-15 years
Intangibles 5 years
Upon disposal of capital assets, cost and accumulated depreciation are removed from the accounts and, if
appropriate, a gain or loss on the disposal is recognized.
Capital assets of proprietary funds are reported net of accumulated depreciation in the government-wide Statement of
Net Position and the proprietary funds Statement of Fund Net Position. Capital assets not specifically related to
activities reported in proprietary funds are reported net of accumulated depreciation in the governmental activities
column in the government-wide Statement of Net Position. Depreciation expense on proprietary fund capital assets is
reported in the government-wide Statement of Activities and the proprietary fund Statement of Revenues, Expenses,
and Changes in Fund Net Position. Depreciation expense on general capital assets is reported in the government-
wide Statement of Activities as a direct expense.
(K) Capitalized Interest
Interest is capitalized on constructed assets in proprietary funds. For the year ended June 30, 2019, no interest was
capitalized on proprietary fund capital assets.
41
December 9, 2019, Meeting - Item 2CCC Agenda - Page 85
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(1) Summary of Significant Accounting Policies, continued
(L) Compensated Absences
Liabilities for accumulated or vested vacation leave and compensation time benefits (compensated absences) are
recorded in the government-wide financial statements and proprietary fund financial statements. The governmental
fund financial statements do not report liabilities for compensated absences unless they are due for payment. Sick
leave does not vest and is recorded in all funds as taken.
(M) Noncurrent Obligations
Noncurrent obligations are reported in the government-wide and proprietary fund financial statements as liabilities.
The governmental fund financial statements do not report noncurrent obligations because they do not require the use
of current financial resources. Bond discounts and premiums are deferred and amortized over the term of the bonds
using the bonds-outstanding method in the government-wide and proprietary fund financial statements, but are
recognized during the current period in the governmental fund financial statements. The bonds-outstanding method
does not differ significantly from the effective interest method. Bond issuance costs are expensed in the period
incurred.
The limited tax pension obligations are deep discount bonds that increase in value based on the initial yield to
maturity. This increase in value is reflected as an increase in noncurrent liabilities on the Statement of Net Position
and as interest expense on the Statement of Activities.
(N) Deferred Inflows/Outflows of Resources
In addition to assets, the government-wide Statement of Net Position and the proprietary funds Statement of Net
Position will sometimes report a separate section for deferred outflows of resources. This separate financial
statement element represents a consumption of net position that applies to future period(s) and so will not be
recognized as an outflow of resources (expenditure/expense) until then. The City has two items that qualify for
reporting in this category. It is the deferred amounts relating to OPEB and pensions. These amounts are deferred and
recognized as an outflow of resources in the period when the City's recognizes pension expense/expenditures.
In addition to liabilities, the government-wide Statement of Net Position, the proprietary funds Statement of Net
Position, and the governmental funds Balance Sheet will sometimes report a separate section for deferred inflows of
resources. This separate financial statement element represents an acquisition of net position that applies to future
period(s) and so will not be recognized as an inflow of resources (revenue) until that time. The City has three items
that qualify for reporting in this category. Unavailable revenue from property taxes and other receivables is reported in
the governmental funds balance sheet. These amounts are deferred and recognized as an inflow of resources in the
period that the amounts become available. The City also reports deferred amounts related to OPEB and pensions.
These amounts are deferred and recognized as an inflow of resources in the period when the City recognizes OPEB
and pension income, and is reported in the government-wide Statement of Net Position and the proprietary funds
Statement of Net Position, if applicable.
(O) Pensions
For purposes of measuring the net pension asset (liability), deferred outflows of resources and deferred inflows of
resources related to pensions, information about the fiduciary net position of the Oregon Public Employees
Retirement System (OPERS), and additions to/deductions from OPERS's fiduciary net position have been determined
on the same basis as they are reported by OPERS. 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 market value.
(P) Other Post-Employment Benefits (OPEB)
The City has two separate OPEB plans. For reporting purposes the net OPEB asset (liability) and the deferred
inflows and outflows related to OPEB for both plans have been combined on the statement of net position.
42
December 9, 2019, Meeting - Item 2CCC Agenda - Page 86
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(1) Summary of Significant Accounting Policies, continued
(P) Other Post-Employment Benefits (OPEB), continued
OPEB – Retiree Health and Life Insurance Plan (RHLI)
The fiduciary net position of the City’s Healthcare Plan has been determined using the flow of economic
resources measurement focus and full accrual basis of accounting. This includes for purposes of measuring the
net OPEB asset (liability), deferred outflows of resources and deferred inflows of resources related to other post-
employment benefits, OPEB expense, and information about assets, liabilities and additions to/deductions from
City’s Health Plan fiduciary net position. Benefit payments are recognized when due and payable in accordance
with the benefit terms. There are no investments as this is a pay-as you-go plan and all cash is held in a cash
account.
OPEB – Retirement Health Insurance Account (RHIA)
For purposes of measuring the net OPEB asset (liability), deferred outflows of resources and deferred inflows of
resources related to OPEB, and OPEB expense, information about the fiduciary net position of the Oregon Public
Employees Retirement System (OPERS), and additions to/deductions from OPERS's fiduciary net position have
been determined on the same basis as they are reported by OPERS. 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 market value.
(Q) Fund Balance
In the fund financial statements, the fund balance for governmental funds is reported in classifications that comprise a
hierarchy based primarily on the extent to which the government is bound to honor constraints on the specific
purposes for which amounts in those funds can be spent.
Fund balance is reported as nonspendable when the resources cannot be spent because they are either in a
nonspendable form or legally or contractually required to be maintained intact. Resources in nonspendable form
include inventories, prepaids and deposits, and assets held for resale.
Fund balance is reported as restricted when the constraints placed on the use of resources are either: (a) externally
imposed by creditors (such as through debt covenants), grantors, contributors, or laws or regulations of other
governments; or (b) imposed by law through constitutional provisions or enabling legislation.
Fund balance is reported as committed when the City Council passes an ordinance that places specific constraints on
how the resources may be used. The City Council can modify or rescind the ordinance at any time through passage
of an additional ordinance.
Resources that are constrained by the City’s intent to use them for a specific purpose, but are neither restricted nor
committed, are reported as assigned fund balance. Intent is expressed when the City Council approves which
resources should be “reserved” during the adoption of the annual budget. The policies that address the designation
of “reserves” are included in the City’s financial management goals and policies adopted by the Council. The City’s
Finance Director uses that information to determine whether those resources should be classified as assigned or
unassigned for presentation in the City’s Comprehensive Annual Financial Report. The primary component of
assigned fund balance is the City’s unappropriated fund balance which equals two months of expenditures. This
reserve enables the City to operate without borrowing money from the start of the fiscal year in July until November
when property tax revenue is received.
Unassigned fund balance is the residual classification for the General Fund. This classification represents fund
balance that has not been restricted, committed, or assigned within the General Fund. Unassigned fund balance is
comprised primarily of the City’s reserve for revenue shortfall and the difference between budget and actual results for
the current fiscal year. This classification is also used to report any negative fund balance amounts in other
governmental funds.
When both restricted and unrestricted (committed, assigned, or unassigned) resources are available for use, it is the
City’s practice to use restricted resources first, then unrestricted resources as needed. When an expenditure is
incurred where an unrestricted fund balance classification could be used, the City’s practice is to use committed
resources first, assigned resources second, and then unassigned amounts as they are needed.
43
December 9, 2019, Meeting - Item 2CCC Agenda - Page 87
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
(1) Summary of Significant Accounting Policies, continued
(Q) Fund Balance, continued
Fund balances by classification for the year ended June 30, 2019 were as follows:
Systems
General Development Other Total
Community Capital Capital Governmental Governmental
Fund balances General Development Projects Projects Funds Funds
Nonspendable:
Inventories $0 0 0 0 1,051,173 1,051,173
Prepaids and deposits 1,730,503 0 0 0 65,000 1,795,503
Permanent balance 0 0 0 0 80,000 80,000
Restricted:
Capital projects 0 0 2,655,294 36,327,193 20,784,838 59,767,325
Community development 0 3,127,913 0 0 0 3,127,913
Rental housing program 0 0 0 0 378,683 378,683
Cultural services 1,093,903 0 0 0 9,471,361 10,565,264
Debt service 0 0 0 0 524,898 524,898
Road maintenance 0 0 0 0 4,488,351 4,488,351
Public safety
communications 0 0 0 0 2,480,358 2,480,358
Solid waste and recycling 0 0 0 0 864,515 864,515
Urban renewal 0 0 0 0 20,991,444 20,991,444
Committed:
Construction permits 0 0 0 0 10,012,171 10,012,171
Special assessments 0 0 0 0 2,574,814 2,574,814
Telecommunications 0 0 0 0 5,060,987 5,060,987
Assigned:
Unappropriated
ending fund balance 27,160,000 0 0 0 0 27,160,000
Capital projects 0 0 52,679,850 0 0 52,679,850
Cultural services 1,910,091 0 0 0 0 1,910,091
Encumbrances 2,538,610 0 0 0 0 2,538,610
Other reserves 624,128 0 0 0 0 624,128
Unassigned 29,971,871 0 0 0 0 29,971,871
Total fund balances $ 65,029,106 3,127,913 55,335,144 36,327,193 78,828,593 238,647,949
(R) Indirect Expenses Allocation
In the fund financial statements, the City allocates certain indirect costs incurred by the central services function of the
General Fund to other funds in order to recover expenditures made on behalf of those other City funds. This
allocation has been removed from the direct expenses column in the government-wide Statement of Activities and a
separate column titled indirect expenses allocation has been presented. Indirect costs allocated to business-type
activities are equal to the amount actually paid by the function. The remaining indirect costs are allocated to
governmental activities based on personnel service costs. The remaining net expense in the central services function
represents direct program activity of that function including its share of allocated indirect costs.
44
December 9, 2019, Meeting - Item 2CCC Agenda - Page 88
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(2) Reconciliation of Government-wide and Governmental Fund Financial Statements
(A) Explanation of Differences Between the Government-wide Statement of Net Position and the Governmental Fund
Balance Sheet
The Balance Sheet for governmental funds (Exhibit 3) includes a reconciliation between total fund balances and total
net position of governmental activities in the Statement of Net Position (Exhibit 1). The following are selected
elements of that reconciliation.
The Statement of Net Position reports receivables at their net realizable value. However, receivables not available to
pay for current-period expenditures are deferred in governmental funds. The details of this $25,623,939 difference
are as follows:
Receivables:
Interest $ 909,696
Taxes 4,168,148
Systems development charges 1,599,502
Municipal court 1,248,133
Assessments 232,349
Loans and notes 19,461,575
Subtotal 27,619,403
Allowance for uncollectibles (1,995,464)
Net adjustment $ 25,623,939
Capital assets are not financial resources in governmental funds but are reported in the Statement of Net Position at
their net depreciable value. The details of this $458,969,309 difference are as follows:
Capital assets (net of accumulated depreciation) reported
in the Statement of Net Position - governmental activities column:
Land and construction in progress $ 124,533,880
Other capital assets (net of accumulated depreciation)366,268,608
Capital assets (net of accumulated depreciation) reported
in internal service funds included in the Statement of
Net Position - governmental activities column (31,833,179)
Net adjustment $ 458,969,309
All liabilities are reported in the Statement of Net Position. However, if they are not due and payable in the current
period, they are not recorded in governmental funds. The details of this $85,832,929 difference are as follows:
Bonds payable $ (69,884,919)
Notes and contracts payable (5,280,000)
Accrued interest payable (321,728)
Compensated absences (10,346,282)
Net adjustment $ (85,832,929)
Net pension and OPEB liabilities as well as deferred inflows and outflows of resources related to pensions and OPEB
are reported in the Statement of Net Position. These items represent a consumption of net position that applies to
future periods. The details of the $106,149,135 difference are as follows:
Deferred inflows related to pensions $ (9,660,624)
Deferred inflows related to OPEB (286,324)
Deferred outflows related to pensions 54,295,610
Deferred outflows related to OPEB 1,720,409
Net pension liability (144,538,357)
Net OPEB liability (7,679,849)
Net adjustment $ (106,149,135)
45
December 9, 2019, Meeting - Item 2CCC Agenda - Page 89
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(2) Reconciliation of Government-wide and Governmental Fund Financial Statements, continued
(B) Explanation of Differences Between the Government-wide Statement of Activities and the Statement of Revenues,
Expenditures, and Changes in Fund Balances
The Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental
Funds to the Statement of Activities is provided at Exhibit 5. The following are selected elements of that
reconciliation:
Governmental funds defer revenues that do not provide current financial resources. However, the Statement of
Activities recognizes such revenues at their net realizable value when earned, regardless of when received. The
details of this $244,266 difference are as follows:
Change in unavailable revenue from the following sources:
Property taxes receivable $ (1,958,169)
Special assessments receivable 2,183,814
System development charges receivable 78,355
Municipal court receivables (187,809)
Subtotal 116,191
Change in the allowance for uncollectibles (360,457)
Net adjustment $ (244,266)
Donations of capital assets are reported as capital contributions in the Statement of Activities, but do not appear in
the governmental funds because they are not financial resources. In addition, the Statement of Activities reports
gains and losses arising from the disposal of existing capital assets, while governmental funds do not. The details of
this $17,296,168 difference are as follows:
Donations of capital assets $ 17,514,168
Sale of capital assets (218,000)
Net adjustment $ 17,296,168
Governmental funds do not report expenditures for unpaid compensated absences, net pension and OPEB liabilities,
interest expense, or arbitrage since they do not require the use of current financial resources. However, the
Statement of Activities reports such expenses when incurred, regardless of when settlement ultimately occurs. The
details of this $12,830,977 difference are as follows:
Compensated absences $ (1,368,208)
Net OPEB obligation (952,961)
Net pension asset (liability)(8,265,721)
Accrued interest (2,244,087)
Net adjustment $ (12,830,977)
Capital outlay is reported as expenditures in governmental funds. However, the Statement of Activities allocates the
cost of capital outlay over their estimated useful lives as depreciation expense. The details of this $4,610,725
difference are as follows:
Capital outlay $ 27,092,822
Depreciation expense (22,482,097)
Net adjustment $ 4,610,725
46
December 9, 2019, Meeting - Item 2CCC Agenda - Page 90
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
(2) Reconciliation of Government-wide and Governmental Fund Financial Statements, continued
(B) Explanation of Differences Between the Government-wide Statement of Activities and the Statement of Revenues,
Expenditures, and Changes in Fund Balances, continued
Repayments of long-term debt use current financial resources and are reported as expenditures in governmental
funds. The payment of debt principal affects the Statement of Activities and is reported as a decrease in noncurrent
liabilities in the Statement of Net Position. The details of this $28,410,607 difference are as follows:
Issuance of general obligation bonds $ (42,368,967)
Principal payments:
General obligation debt $ 13,754,360
Notes payable 204,000
Subtotal 13,958,360
Net adjustment $ (28,410,607)
Transfers of capital assets are often made between proprietary funds and governmental funds when the use of an
asset changes. Transfers of liabilities are sometimes made between proprietary funds and governmental funds when
the fund responsible for repayment changes. Such transfers will provide or use economic resources in proprietary
funds but may not necessarily provide or use spendable financial resources in governmental funds.
Transfer of governmental
capital assets to proprietary funds $ (539,111)
(3) Stewardship, Compliance, and Accountability
(A) Budgetary Information
The City Manager submits to the Budget Committee a proposed operating and capital budget a sufficient length of
time in advance to allow adoption of the budget prior to July 1. The operating and capital budget includes proposed
expenditures and the means of financing them. Public hearings are conducted to obtain community comments.
Prior to July 1, the City legally adopts its annual budget for all funds through passage of a resolution. The resolution
authorizes fund appropriations as current annual departmental requirements, debt service, capital outlay, interfund
transfers, interfund loans, and special payments.
Expenditures cannot legally exceed appropriations at these control levels. Appropriations which have not been spent
at year-end lapse, although an amending resolution passed in the subsequent year specifically provides for the
reappropriation of prior-year lapsed encumbrances.
Unexpected additional resources or appropriations may be added to the budget through the use of a supplemental
budget. A supplemental budget requires hearings before the public, publications in newspapers, and approval by the
City Council. Original and supplemental budgets may be modified by the use of appropriation transfers between the
levels of control. Such transfers require approval by passage of a Council resolution authorizing the transfer. All
budget amendments are subject to the limitations put forth in the Oregon Revised Statutes Chapters 294.305 through
294.565. Supplemental appropriations, permitted by Oregon Budget Law, were authorized by the City Council during
the fiscal year. The net effect of amending resolutions passed during the fiscal year was an appropriation increase of
$30,946,121.
(B) Deficit Net Position
The Ambulance Transport Enterprise Fund and the Professional Services Internal Service Fund have a deficit net
position of $6,083,887 and $4,432,069, respectively. The deficit net position is the result of the recognition of each
fund’s proportionate share of the City’s net pension and OPEB liabilities.
(C) Overexpenditures of Appropriations
For the year ended June 30, 2019, the Construction and Rental Housing Fund and the Parking Services Fund had
budget-basis expenses in excess of legal appropriations of $18,133 and $35,495, respectively.
47
December 9, 2019, Meeting - Item 2CCC Agenda - Page 91
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(4) Detailed Notes on All Funds
(A) Equity in Pooled Cash and Investments
The City maintains a common cash and investments pool that is available for use by all funds. Each fund’s portion of
this pool is displayed in the Statement of Net Position, the Statement of Fund Net Position, or the Balance Sheet as
"Equity in pooled cash and investments.” Cash and investments are comprised of the following at June 30, 2019:
Cash on hand $ 30,193
Cash with fiscal agent 206,825
Deposits with banks 47,677,782
Investments 300,272,475
$ 348,187,275
Deposits
At June 30, 2019, the City’s deposits with various financial institutions were $47,677,782, which included time
certificates of deposits. The City’s investment policy limits investments in time certificates of deposits to 50% of the
City’s total investment portfolio with a maximum length to maturity of three years.
All City deposits not covered by Federal Deposit Insurance Corporation (FDIC) or National Credit Union
Administration (NCUA) insurance are covered by the Public Funds Collateralization Program (PFCP) of the State of
Oregon. The PFCP is a shared liability structure for participating depositories, better protecting public funds, though
not guaranteeing that all funds are 100% protected. A depository is required to pledge collateral securities with a total
market value equal to at least 10% of their last reported uninsured public fund deposits. The Office of State
Treasurer (OST) has identified the following exceptions to the collateral calculation and any exception requires 100%
collateralization.
A depository may not accept public fund deposits from one depositor in excess of their net worth. If the
depository has a drop in net worth that takes them out of compliance, they are required to post 100%
collateral on any amount the depositor has in excess of the depository’s net worth while working to eliminate
that excess.
A depository may not hold aggregate public funds in excess of a percentage of their net worth based on their
capitalization category (100% for undercapitalized, 150% for adequately capitalized, 200% for well
capitalized) unless approved, for a period of 90 days or less, by OST.
A depository may only hold in excess of 30% of all aggregate public funds reported by all depositories
holding Oregon public funds if the excess is collateralized at 100%.
The OST, at the advice of the Director of Consumer and Business Services, may also, at any time, require
depositories to pledge additional collateral up to 110% of the value of the uninsured public fund deposits. In the event
of a depository failure, the entire pool of collateral pledged by all qualified Oregon public funds depositories is
available to repay deposits of public funds of government entities.
Custodial Credit Risk
Custodial credit risk is the risk that in the event of a depository failure, the government’s deposits may not be returned
to it. At June 30, 2019, the City had deposits of $1,000,000 insured by the FDIC, and $52,628,899 collateralized
under the PFCP.
At June 30, 2019, the City had $206,825 in deposits (cash with fiscal agent) held by escrow companies that were
uninsured and uncollateralized.
48
December 9, 2019, Meeting - Item 2CCC Agenda - Page 92
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(4) Detailed Notes on All Funds, continued
(A) Equity in Pooled Cash and Investments, continued
Investments
As of June 30, 2019, the City held the following investments:
Weighted
% of average
Carrying investment maturity
Investment type value portfolio in years
Corporate indebtedness $ 23,068,422 7.7%0.686
Local government investment pool 49,384,334 16.4%0.003
Municipal bonds 7,492,780 2.5%0.864
U.S. agency securities 182,466,774 60.8%0.918
U.S. treasury securities 37,860,165 12.6%0.662
Total $ 300,272,475 100.0%
Interest Rate Risk
As a means of limiting its exposure to losses from rising interest rates, the City’s investment policy limits investment
as follows:
Maximum
length
Investment type to maturity
Bankers' acceptances 6 months
Corporate indebtedness 18 months
Local government investment pool 1 day
State and local government obligations 3 years
U.S. agency securities 3 years
U.S. treasury securities 3 years
With the exception of pass-through funds, the maximum amount of pooled investments to be placed in the Local
Government Investment Pool is limited by Oregon Statute to $49,500,000, which increases periodically
proportionately to the Portland Consumer Price Index. The limit can be temporarily exceeded for ten business days
and does not apply either to pass-through funds or to funds invested on behalf of another governmental unit.
Credit Risk
The City’s policy, which adheres to State of Oregon law, is to limit its Corporate and Municipal investments as follows:
Issuers within Oregon must be rated “A” (bonds) or A-2 / P-2 (commercial paper) or better by Standard and Poor’s,
Moody’s Investors Service or any other nationally recognized statistical rating organization at time of purchase.
Issuers not in Oregon must be rated AA / Aa (bonds) or A-1 / P-1 (commercial paper) or better at time of purchase.
49
December 9, 2019, Meeting - Item 2CCC Agenda - Page 93
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(4) Detailed Notes on All Funds, continued
(A) Equity in Pooled Cash and Investments, continued
Investments, continued
As of June 30, 2019, the City’s investments were rated as follows:
Highest Rating From
Moody's Investors Service or Standard & Poor's Corporation
Investment type Total Aaa/AAA Aa/AA Not rated
Corporate indebtedness $ 23,068,422 9,743,765 13,324,657 0
Local government
investment pool 49,384,334 0 0 49,384,334
Municipal bonds 7,492,780 1,095,740 6,397,040 0
U.S. agency securities 182,466,774 164,303,303 0 18,163,471
U.S. treasury securities 37,860,165 37,860,165 0 0
Total $ 300,272,475 213,002,973 19,721,697 67,547,805
The Oregon State Treasurer maintains the Oregon Short Term Fund (OSTF), of which the Local Government
Investment Pool (LGIP) is a part. Participation by local governments is voluntary. The State of Oregon investment
policies are governed by statute and the Oregon Investment Council. In accordance with Oregon Statutes, funds are
invested as a prudent investor would do, exercising reasonable care, skill and caution. The LGIP was created to offer
a short-term investment alternative to Oregon local governments and it is not registered with the U.S. Securities and
Exchange Commission. The investments are regulated by the OSTF and approved by the Oregon Investment
Council (ORS 294.805 to 294.895). At June 30, 2019, the fair value of the City’s deposits with the LGIP approximates
cost. The OSTF financial statements are available atH0H0H http://www.ost.state.or.us/.
Concentration of Credit Risk
The City’s policy for investing in individual issuers varies depending on the type of investments. U.S. Government
Agency Securities are restricted to no more than 25.0% for any one issuer. No more than 25.0% of the total portfolio
of investments may be invested in a single issuer of bankers’ acceptances or repurchase agreements. Investments in
commercial paper or corporate bonds may not exceed more than 35.0% of the portfolio and investments in any one
issuer may not exceed 5.0% of the investment portfolio. Investments are limited to 5.0% per depository name and
may not exceed more than 25.0% of the investment portfolio. The combined limit for each depository in certificates of
deposits, bankers’ acceptances, and corporate indebtedness is 10.0%.
Fair Value Measurements
Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly
transaction between market participants at the measurement date. Observable inputs are developed based on market
data obtained from sources independent of the reporting entity. Unobservable inputs are developed based on the
best information available about the assumptions market participants would use in pricing the asset. The
classification of securities within the fair value hierarchy is based upon the activity level in the market for the security
type and the inputs used to determine their fair value, as follows:
Level 1 – Unadjusted quoted prices for identical instruments in active markets.
Level 2 – Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in
markets that are not active; and model-derived valuations in which all significant inputs are observable.
Level 3 – Valuations derived from valuation techniques in which significant inputs are unobservable.
As of June 30, 2019, the City’s investments in U.S. Treasury Securities are classified as Level 1 and investments in
Corporate Indebtedness, Municipal Bonds, and U.S. Agency Securities are classified as Level 2. The Local
Government Investment Pool is not in the leveling hierarchy.
50
December 9, 2019, Meeting - Item 2CCC Agenda - Page 94
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 95
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 96
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 97
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 98
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55
December 9, 2019, Meeting - Item 2CCC Agenda - Page 99
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(4) Detailed Notes on All Funds, continued
(E) Capital Assets, continued
Depreciation expense was charged to functions/programs as follows:
Governmental activities:
Central services $ 383,073
Fire and emergency medical services 1,116,147
Library, recreation, and cultural services 2,577,744
Planning and development 172,577
Police 1,073,156
Public works 17,159,399
Capital assets held by the government's internal
service funds are charged to the various functions
based on their usage of the assets 5,164,230
$ 27,646,326
Business-type activities:
Ambulance Transport $ 181,459
Municipal Airport 5,563,099
Parking Services 636,015
Stormwater Utility 2,329,552
Wastewater Utility 4,167,977
$ 12,878,102
56
December 9, 2019, Meeting - Item 2CCC Agenda - Page 100
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(4) Detailed Notes on All Funds, continued
(F) Unavailable/Unearned Revenue
Unavailable revenues are reported as a deferred inflow of resources in the governmental funds Balance Sheet.
Unavailable revenues are reported in connection with receivables for revenues that are not considered to be available
to liquidate liabilities of the current period.
Unearned revenues are reported as a liability in the proprietary funds Statement of Net Position and governmental
funds Balance Sheet. Unearned revenues are reported in connection with resources that have been received but not
yet earned. The various components of unavailable/unearned revenue at June 30, 2019 consist of the following:
Fund by type Unavailable Unearned Total
Property taxes receivable:
General $ 4,191,491 0 4,191,491
Other governmental funds 886,355 0 886,355
Assessments receivable:
Other governmental funds 230,542 0 230,542
Systems development charges receivable:
Systems Development Capital 1,599,501 0 1,599,501
Notes receivable:
Community Development 17,112,115 0 17,112,115
Other governmental funds 2,349,459 0 2,349,459
Other:
General 1,248,134 4,865,545 6,113,679
Community Development 0 171,274 171,274
Municipal Airport 0 75,828 75,828
Parking Services 0 16,090 16,090
Stormwater Utility 0 19,020 19,020
Other governmental funds 1,807 325,892 327,699
Total unavailable/unearned revenue $ 27,619,404 5,473,649 33,093,053
(G) Operating Leases
The City conducts some of its operations from leased facilities located throughout the City. All such leases for
facilities are classified as operating leases and expire within the next six years. The total rental expense for the year
ended June 30, 2019 for operating leases was $1,079,607. Most of these leases for facilities contain an option
whereby the City can, after the initial lease term, renew its lease for periods of one to ten years.
The following is a schedule of future minimum rental payments required under operating leases that have initial or
remaining non-cancelable lease terms in excess of one year as of June 30, 2019:
Fiscal year
ending June 30 Rentals
2020 $ 1,248,576
2021 1,217,111
2022 868,349
2023 396,480
2024 190,530
Total minimum future rentals $ 3,921,046
57
December 9, 2019, Meeting - Item 2CCC Agenda - Page 101
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(4) Detailed Notes on All Funds, continued
(H) Noncurrent Liabilities
Direct Borrowings
The City enters into direct borrowing agreements in the form of revolving credit facilities to provide temporary
financing for voter approved General Obligation (G.O.) bond funded construction projects in governmental activities.
The debt will be repaid from general property tax revenues or by the future issuance of long-term general obligation
bonds, which can be issued at the City’s discretion. The draws on the credit facilities are backed by the full faith and
credit of the City and are included in the City’s G.O. debt limit.
General Obligation Bond and Revolving Credit Facility (Streets 2017)
On November 7, 2017, Eugene voters passed Measure 20-275, authorizing the City to issue a maximum of
$51,200,000 of G.O. bonds. The proceeds from the sale of the bonds are to be used for streets, bicycle and
pedestrian projects. The bonds can be issued to provide interim financing for costs of the projects, including costs
associated with this facility. As of June 30, 2019, the City had $48,650,000 in authorized but unissued borrowing
remaining.
These bonds were issued through a G.O. and a revolving credit facility with Umpqua Bank. which matures on June 1,
2024 and has an authorized limit of $5,000,000. The interest rate is a floating rate equal to the prime rate minus
2.55%. Draws on this credit facility are recorded as a financing source in the Transportation Capital Projects Fund.
As of June 30, 2019, the City had a $2,250,000 balance on the credit facility and an unused line of credit amount of
$2,750,000.
In the event of a default the bank may declare that the outstanding balance on the credit facility shall bear interest at
the default rate until such event of default is remedied. The default rate is equal to the facility interest rate plus
3.00%.
Beginning Ending
Governmental activities balance Increase Decrease balance
G.O. bond and revolving
credit facility (Streets 2017) $0 2,550,000 (300,000) 2,250,000
General Obligation Bond and Revolving Credit Facility (Streets 2012)
On November 6, 2012, Eugene voters passed Measure 20-197, authorizing the City to issue a maximum of
$43,000,000 of general obligation (G.O.) bonds. The proceeds from the sale of the bonds are to be used for street
preservation. The bonds can be issued to provide interim financing and to refund the bonds that provide interim
financing. As of June 30, 2019, the City had $0 in authorized but unissued borrowing remaining.
These bonds were issued through a G.O. and revolving credit facility with Bank of America, N.A. which matured on
June 1, 2019. Draws on this credit facility are recorded as a financing source in the Transportation Capital Projects
Fund. As of June 30, 2019, the City had a $0 balance on the credit facility.
Beginning Ending
Governmental activities balance Increase Decrease balance
G.O. bond and revolving
credit facility (Streets 2012) $0 8,690,300 (8,690,300)0
General Obligation Bond and Revolving Credit Facility (POS)
On November 7, 2006, Eugene voters passed Measure 20-110, authorizing the City to issue a maximum of
$27,490,000 of general obligation (G.O.) bonds. The proceeds from the sale of the bonds are to be used for the
purchase of land for parks and open space, and the construction and improvement of athletic fields. The bonds can
be issued to provide interim financing and to refund the bonds that provide interim financing. As of June 30, 2019, the
City had $1,750,000 in authorized but unissued borrowing remaining.
58
December 9, 2019, Meeting - Item 2CCC Agenda - Page 102
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(4) Detailed Notes on All Funds, continued
(H) Noncurrent Liabilities, continued
General Obligation Bond and Revolving Credit Facility (POS), continued
To issue these bonds, on May 31, 2007, the City entered in to a General Obligation Bond and Revolving Credit
Facility with Bank of America, N.A. with a variable interest rate. The credit facility matured on June 1, 2019. Draws
on this credit facility are recorded as a financing source in the General Capital Projects Fund. As of June 30, 2019,
the City had a $0 balance on the credit facility.
Beginning Ending
Governmental activities balance Increase Decrease balance
G.O. bond and revolving
credit facility (POS) $ 0 1,130,000 (1,130,000) 0
General Obligation (G.O.) Bonds
The City issues general obligation bonds to finance major construction projects in governmental activities. G.O.
bonds in governmental activities are approved by voters, backed by the full faith and credit and unlimited taxing power
of the City, and are serviced by general property tax revenues. The City’s G.O. bonded debt is subject to a debt limit
of 3.0% of real market value per Oregon Revised Statutes 287A.050. For the fiscal year ended June 30, 2019, the
City had 96.0% of its legal debt capacity available.
On May 15, 2018, Eugene voters passed Measure 20-289, authorizing the City to issue a maximum of $39,350,000 of
general obligation (G.O.) bonds. The proceeds from the sale of the bonds are to be used for capital costs related to
park renovation projects, trail and habitat projects, safety/lighting improvements, infrastructure projects, school district
partnerships, recreation and pool facility renovation and improvement projects, and new park development. As of
June 30, 2019, the City had $10,700,000 in authorized but unissued borrowing remaining.
Original Ending
Governmental activities issuance Interest rates (%)balance
General obligation bonds serviced by
general property taxes:
General Obligation Refunding Bonds, Series 2011 $ 10,975,000 2.000% to 3.000% 2,085,000
General Obligation and Refunding Bonds, Series 2016 10,125,000 2.000% to 5.000% 3,805,000
General Obligation, Series 2019A (tax-exempt)23,620,000 3.000% to 5.000% 23,620,000
General Obligation, Series 2019B (taxable)5,030,000 2.510% to 2.700% 4,230,000
Total general obligation bonds $ 49,750,000 33,740,000
Annual debt service requirements to maturity for general obligation bonds are as follows:
Fiscal year
ending June 30 Principal Interest
2020 $ 2,805,000 1,134,042
2021 2,815,000 1,069,341
2022 2,825,000 989,676
2023 1,955,000 907,431
2024 1,880,000 823,931
2025-2029 8,185,000 2,896,505
2030-2034 7,375,000 1,576,405
2035-2038 5,900,000 462,781
$ 33,740,000 9,860,112
Governmental activities
59
December 9, 2019, Meeting - Item 2CCC Agenda - Page 103
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(4) Detailed Notes on All Funds, continued
(H) Noncurrent Liabilities, continued
Limited Tax Bonds
The City issues limited tax bonds in governmental and business-type activities. Limited tax bonds in governmental
activities include limited tax improvement bonds and limited tax pension bonds. Limited tax improvement bonds
finance public improvements that benefit private parties. Improvement bonds are secured by the benefited properties
and are to be repaid in installments from property owners. Limited tax pension bonds finance a portion of the
estimated unfunded actuarial liability with the Oregon Public Employees Retirement System. The pension bonds are
to be repaid from existing revenue sources. All limited tax bonds are backed by the full faith and credit of the City,
within the limitations of Article XI of the Oregon Constitution.
Original Ending
Governmental activities issuance Interest rates (%)balance
Limited tax bonds:
Limited Tax Pension Bonds, Series 2002 $ 69,613,281 2.000% to 7.410% 41,033,381
Limited Tax Improvement Bonds, Series 2011 580,000 7.050%154,274
Total limited tax bonds governmental activities $70,193,281 41,187,655
Business-type activities
Limited tax bonds:
Limited Tax Pension Bonds, Series 2002 $ 14,721,179 2.000% to 7.410% 8,638,019
Total limited tax bonds business-type activities 14,721,179 8,638,019
Total limited tax bonds $84,914,460 49,825,674
The Limited Tax Pension Bonds, Series 2002 are deep discount bonds and reported net of accretion. However, the
annual debt service requirements to maturity are reported on a cash basis and do not account for accreted amounts.
The following table reconciles the ending balance of limited tax bonded debt and the annual debt service
requirements to maturity schedule:
Total limited tax bonds $ 49,825,674
Less: Accretion of deep discount (919,975)
Total debt service requirements for limited tax bonds $ 48,905,699
Annual debt service requirements to maturity for limited tax improvement bonds are as follows:
Fiscal year
ending June 30 Principal Interest Principal Interest
2020 $0 11,317 0 0
2021 0 11,317 0 0
2022 0 11,317 0 0
2023 0 11,317 0 0
2024 0 11,317 0 0
2025-2027 154,274 28,292 0 0
Improvement bonds $ 154,274 84,877 0 0
Governmental activities Business-type activities
60
December 9, 2019, Meeting - Item 2CCC Agenda - Page 104
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(4) Detailed Notes on All Funds, continued
(H) Noncurrent Liabilities, continued
Limited Tax Bonds, continued
Annual debt service requirements to maturity for limited tax pension bonds are as follows:
Fiscal year
ending June 30 Principal Interest Principal Interest
2020 $ 2,491,858 3,571,174 524,567 751,775
2021 3,762,871 2,588,035 792,129 544,813
2022 4,324,616 2,330,278 910,384 490,552
2023 4,935,928 2,034,042 1,039,072 428,190
2024 5,605,066 1,695,931 1,179,934 357,014
2025-2029 19,153,053 3,728,842 4,031,947 784,966
Pension bonds 40,273,392 15,948,302 8,478,033 3,357,310
Total limited tax bonds $ 40,427,666 16,033,179 8,478,033 3,357,310
Governmental activities Business-type activities
Conduit Debt
On December 27, 2010, the City issued $6,900,000 of Bank Loan Revenue Bonds, dated December 30, 2010,
bearing a variable interest rate, and maturing on December 27, 2035. The bonds were issued to provide access to
tax-exempt interest rates to Woolworth Properties, LLC for the construction of the Woolworth Building, which is
located within the City’s Downtown Urban Renewal District. The City is not obligated in any manner for repayment of
the bonds. Accordingly, the bonds are not reported as liabilities in the accompanying financial statements. As of
June 30, 2019, $5,471,616 of the bonds were outstanding.
Notes Payable
The City has entered into contracts with the U.S. Department of Housing and Urban Development (HUD) as a
guarantor for loan guarantees made under HUD’s Section 108 Loan Guarantee Program (Program). The Program is
a source of financing for economic development.
HUD contracts for loan guarantee assistance contain certain security provisions. The primary security is a pledge by
the City of its current and future Community Development Block Grant funds. The City provides additional security for
each Guaranteed Loan in the form of property liens.
In July 2008, the City borrowed $2,706,000 from HUD to finance the purchase of the historic Washburne and Centre
Court buildings in the Urban Renewal Downtown District. On May 28, 2015, the City entered into an agreement with
HUD to refinance this loan. The loan has an interest rate ranging from 0.28% to 3.15%, maturing on August 1, 2027.
On November 16, 2010, the City entered into a contract with HUD to borrow $5,189,000 to support the rehabilitation
of the historic Washburne and Centre Court buildings in the Urban Renewal Downtown District. On May 28, 2015, the
City entered into an agreement with HUD to refinance this loan, pay down the balance, and remove the Washburne
building as collateral. The loan has an interest rate ranging from 0.28% to 3.50%, maturing on August 1, 2030.
Loan Ending
Governmental activities amount Interest rates (%)balance
Notes payable:
Housing and Urban Development -
Centre Court Building $ 2,706,000 0.280% to 3.150% 751,000
Centre Court Building Rehabilitation 5,189,000 0.280% to 3.500% 4,529,000
$7,895,000 5,280,000
61
December 9, 2019, Meeting - Item 2CCC Agenda - Page 105
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(4) Detailed Notes on All Funds, continued
(H) Noncurrent Liabilities, continued
Notes Payable, continued
Annual debt service requirements to maturity for notes payable are as follows:
Fiscal year
ending June 30 Principal Interest
2020 $ 204,000 166,120
2021 204,000 162,183
2022 204,000 157,767
2023 204,000 152,871
2024 204,000 147,516
2025-2029 931,000 648,910
2030-2031 3,329,000 170,483
$ 5,280,000 1,605,850
Governmental activities
The HUD notes will be repaid from principal and interest payments received from a loan to Beam Properties Eugene
LLC, who purchased the property from the City. The loan proceeds from the Beam Properties Eugene LLC loan will
be received in the Community Development Special Revenue Fund.
Compensated Absences, Net Pension, and Net OPEB Liability
At June 30, 2019, the City reported compensated absences, net pension liability and net OPEB liability of
$11,407,108, $161,340,621, $13,431,386, respectively in governmental activities. The General Fund, internal service
funds, and other governmental funds are typically used to liquidate these liabilities.
Internal Service Fund Debt
Based on an analysis of billings, governmental activities have been determined to be the predominant source of
revenue for all internal service funds. Therefore, noncurrent liabilities of the internal service funds are reported in
governmental activities. As of June 30, 2019, internal service fund debt included Limited Tax Pension Bonds (net of
unamortized discount) of $9,013,093, a net pension liability of $16,802,264, a net OPEB liability of $5,751,537, and
$1,060,828 in compensated absences.
62
December 9, 2019, Meeting - Item 2CCC Agenda - Page 106
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63
December 9, 2019, Meeting - Item 2CCC Agenda - Page 107
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(5) Other Information
(A) Risk Management
The City has established an internal service fund to account for and finance its risks of loss. The City has a self-
insured liability program which covers personal injury, public official’s errors and omissions, law enforcement liability,
automobile liability, employee benefits liability, and employment practices liability, with a maximum self-insured
retention of $500,000 per occurrence for automobile liability, general liability, and $1,000,000 per occurrence for
employee benefit and employment practice liability. In addition, the City has a self-insured workers’ compensation
program which covers employees’ work-related illnesses and injuries, including employer’s liability, with a maximum
self-insured retention of $1,000,000 per occurrence. During the previous three fiscal years, there were no liability
claims that exceeded the insurance coverage levels.
All regular full and part-time City employees are eligible for medical, dental, and vision insurance coverage.
Employees may choose between two self-insured plans: the City Health Plan, a Preferred Provider Organization
(PPO) plan or the City Managed Care Plan, a Point of Service (POS) plan. A third self-insured medical plan, the City
Hybrid Plan, is available to non-represented, AFSCME and IATSE-represented employees. The City has established
a self-insurance fund to pay medical, dental, and vision claims of employees and their dependents on the City Health
Plan, up to the self-insurance retention limit of $275,000 per employee.
Coverage for workers’ compensation, general liability, and employees’ health claims in excess of the self-insurance
retention limit is purchased from commercial insurers. The City also purchases all-risk property insurance coverage
from a commercial insurer. The property insurance policy has a basic $25,000 deductible, with earthquake and flood
insurance coverages subject to the following deductibles: flood – $100,000 deductible per occurrence except that
buildings in Flood Zones A and V have a $500,000 deductible per building; earthquake – 2% of the combined value of
the property at the location, subject to a minimum deductible of $100,000 per location and the deductible applies
separately to each location.
At June 30, 2019, a total claims liability of $14,575,865 is reported in the Risk and Benefits Internal Service Fund.
Claims liabilities reported by the City are based on an actuarial estimate of the ultimate cost of settling claims
incurred, including incurred but not reported (IBNR) claims. Claims liabilities include all incremental costs incurred
directly as a result of a claim and consider estimated recoveries on both settled and unsettled claims. Claims expense
has been reduced by amounts recovered, or expected to be recovered, through excess insurance.
The following changes occurred in the claims liability in the current and previous fiscal year:
Fiscal Liability Current-year
year balance at claims and Liability
ended beginning changes in Claim balance at
June 30 of year estimates payments end of year
2018 $ 12,876,992 26,669,139 (26,353,518) 13,192,613
2019 13,192,613 28,147,917 (26,764,665) 14,575,865
(B) Joint Ventures
The City is a participant with Lane County and the City of Springfield in the Metropolitan Wastewater Management
Commission (MWMC), a joint venture established by intergovernmental agreement to construct, maintain, and
operate regional sewerage facilities. The MWMC consists of a seven-member board to which the City appoints three
voting members. The City has no explicit, measurable equity interest in the MWMC. However, the City has an
ongoing financial responsibility for the operations of the MWMC in that the City is obligated to adopt disposal rates
and charges not less than those adopted by the MWMC, and to forward to the MWMC, its share of the revenues as
specified in the adopted financing plan, which requires that all MWMC administrative, operational, and maintenance
expenses be financed through a uniform district-wide monthly fee.
MWMC contracts with the City for operation of the regional sewerage facilities on a cost reimbursement basis which is
accounted for in the Wastewater Utility Fund. For the fiscal year ended June 30, 2019, the City provided billable
operations to MWMC costing $15,114,726 and MWMC owed the City $2,230,761 for unreimbursed costs at year-end.
WMC’s most recently published financial statement was for the year ended June 30, 2018, which reflected net income
of $6,702,761 and net position of $166,580,554. Separate financial statements for MWMC can be obtained from the
City of Springfield Finance Department.
64
December 9, 2019, Meeting - Item 2CCC Agenda - Page 108
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(5) Other Information, continued
(C) Retirement Plan – Oregon PERS (OPERS)
Plan Description
Employees of the City are provided with pensions through the Oregon Public Employees Retirement System
(OPERS) a cost-sharing multiple-employer defined benefit pension plan, the Oregon Legislature has delegated
authority to the Public Employees Retirement Board to administer and manage the system. All benefits of the System
are established by the legislature pursuant to ORS Chapters 238 and 238A. OPERS issues a publicly available
Comprehensive Annual Financial Report and Actuarial Valuation that can be obtained at:
http://www.oregon.gov/pers/Pages/section/financial_reports/financials.aspx
Plan Benefits
Tier One/Tier Two Retirement Benefit ORS Chapter 238.
The Tier One/Tier Two Retirement Benefit plan is closed to new members hired on or after August 29, 2003.
Pension Benefits
The PERS retirement allowance is payable monthly for life. It may be selected from 13 retirement benefit options.
These options include survivorship benefits and lump-sum refunds. The basic benefit is based on years of service
and final average salary. A percentage (2.0% 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 either
a formula plus annuity (for members who were contributing before August 21, 1981) or a money match computation if
a greater benefit results.
A member is considered vested and will be eligible at minimum retirement age for a service retirement allowance if he
or she has had a contribution in each of five calendar years or has 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.
Death Benefits
Upon the death of a non-retired member, the beneficiary receives a lump-sum refund of the member’s account
balance (accumulated contributions and interest). In addition, the beneficiary will receive a lump-sum payment from
employer funds equal to the account balance, provided one or more of the following conditions are met:
• the member was employed by a PERS employer at the time of death,
• the member died within 120 days after termination of PERS-covered employment,
• the member died as a result of injury sustained while employed in a PERS-covered job, or
• the member was on an official leave of absence from a PERS-covered job at the time of death.
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 PERS judge members) for disability benefits regardless of the length of PERS-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.
Benefit Changes After Retirement
Members may choose to continue participation in a variable equities investment account after retiring and may
experience annual benefit fluctuations due to changes in the market value of equity investments. Under ORS
238.360, monthly benefits are adjusted annually through cost-of-living (COLA) changes. All monthly pension and
annuity benefits except unit purchases are eligible for post-retirement adjustments. As a result of the Senate Bills 822
and 861 and the Oregon Supreme Court decision in Moro v. State of Oregon, automatic post-retirement adjustments
are based on a blended COLA rate.
65
December 9, 2019, Meeting - Item 2CCC Agenda - Page 109
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(5) Other Information, continued
(C) Retirement Plan – Oregon PERS (OPERS), continued
Benefit Changes After Retirement, continued
The Supreme Court decision in Moro requires that members “will be entitled to receive during retirement a blended
COLA rate that reflects the different COLA provisions applicable to benefits earned at different times.” The Supreme
Court did not articulate a specific methodology for determining the blended COLA. For purposes of this valuation,
PERS has determined the blend based on creditable service earned before and after October 2013. This approach is
consistent with OAR 459-005-0510 adopted by the PERS Board in September 2015.
Automatic COLA for benefits earned prior to SB 822 and SB 861
Benefits are adjusted annually to reflect the increase or decrease in the Consumer Price Index (Portland area -
all items) as published by the Bureau of Labor Statistics. The maximum adjustment to be made for any year is 2
percent of the previous year’s benefit, except for 2013 when the adjustment is limited to 1.5%. Any CPI change
in excess of the limit is accumulated for future benefit adjustments that would otherwise be less than the limit.
No benefit will be decreased below its original amount.
Automatic adjustments for benefits earned post 2013
In 2014 and future years benefits will be increased annually based on a marginal rate schedule. The increase is
calculated as 1.25% on the first $60,000 of annual benefit and 0.15% on amounts above $60,000 of annual
benefit.
Plan Benefits
Oregon Public Service Retirement Plan (OPSRP) Pension Program (OPSRP DB)
The OPSRP Pension Program (ORS Chapter 238A) provides benefits to members hired on or after August 29, 2003.
Pension Benefits
This portion of the OPSRP pension program 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% is multiplied by the number of years of service and the final average salary. Normal retirement
age for police and fire members is age 60 or age 53 with 25 years of retirement credit. To be classified as a police
and fire member, the individual must have been employed continuously as a police and fire member for at least five
years immediately preceding retirement.
General service: 1.5% is 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.
A member of the OPSRP Pension Program becomes vested on the earliest of the following dates: the date the
member completes 600 hours of service in each of five calendar years, the date the member reaches normal
retirement age, and, if the pension program is terminated, the date on which termination becomes effective.
Death Benefits
Upon the death of a non-retired member, the spouse or other person who is constitutionally required to be treated in
the same manner as the spouse, receives, for life, 50% of the pension that would otherwise have been paid to the
deceased member.
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 of the last full month of employment before the disability occurred.
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 110
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(5) Other Information, continued
(C) Retirement Plan – Oregon PERS (OPERS), continued
Benefit Changes After Retirement
Under ORS 238A.210, monthly benefits are adjusted annually through cost-of-living (COLA) changes. All monthly
pension and annuity benefits are eligible for postretirement adjustments. As a result of the Senate Bills 822 and 861
and the Oregon Supreme Court decision in Moro v. State of Oregon, automatic post-retirement adjustments are
based on a blended COLA rate based on when the benefits were earned.
Automatic COLA for benefits earned prior to SB 822 and SB 861
Benefits are adjusted annually to reflect the increase or decrease in the Consumer Price Index (Portland area -
all items) as published by the Bureau of Labor Statistics. The maximum adjustment to be made for any year is 2
percent of the previous year’s benefit, except for 2013 when the adjustment is limited to 1.5%. Any CPI change
in excess of the limit is accumulated for future benefit adjustments that would otherwise be less than the limit.
No benefit will be decreased below its original amount.
Automatic adjustments for benefits earned post 2013
In 2014 and future years benefits will be increased annually based on a marginal rate schedule. The increase is
calculated as 1.25% on the first $60,000 of annual benefit and 0.15% on amounts above $60,000 of annual
benefit.
Contributions
PERS 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 PERS Defined Benefit Plan and the Other Post-Employment Benefit Plans.
Employer contribution rates during the period were based on the December 31, 2016 actuarial valuation which
became effective July 1, 2017. The rates in effect for the fiscal year ended June 30, 2019 were 21.40% for Tier
One/Tier Two covered members, 12.38% for OPSRP Pension Program General Service Members, and 17.15% for
OPSRP Pension Program Police and Fire Members. The City also charged an internal rate of 6.00% of payroll to
departments to fund the repayment of the City’s pension obligation bonds, which were issued in 2002. Employer
contributions for the year ended June 30, 2019 were $18,597,007.
Pension Assets, Liabilities, Pension Expense, Deferred Outflows of Resources, and Deferred Inflows of Resources
Related to Pensions
At June 30, 2019, the City reported ($199,826,692) for its proportionate share of the net pension asset (liability). The
net pension asset (liability) was measured as of June 30, 2018, and the total pension asset used to calculate the net
pension asset (liability) was determined by an actuarial valuation as of December 31, 2016 rolled forward to June 30,
2018. The City's proportion of the net pension asset (liability) was based on a projection of the City's long-term share
of contributions to the pension plan relative to the projected contributions of all participating entities, actuarially
determined. At June 30, 2018, the City's proportion was 1.3191%, which was a decrease from its proportion
measured as of June 30, 2017.
For the year ended June 30, 2019, the City recognized pension expense (income) of $38,117,383. At June 30, 2019,
the City reported deferred outflows of resources and deferred inflows of resources related to pensions from the
following sources:
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 111
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(5) Other Information, continued
(C) Retirement Plan – Oregon PERS (OPERS), continued
Pension Assets, Liabilities, Pension Expense, Deferred Outflows of Resources, and Deferred Inflows of Resources
Related to Pensions, continued
Deferred Deferred
outflows of inflows of
resources resources
Changes in proportion and differences between City
contributions and proportionate share of contributions $1,121,150 1,357,579
Changes of assumptions or other inputs 46,459,327 0
Changes in proportionate share 1,533,728 3,223,823
Contributions subsequent to the measurement date 18,597,007 0
Difference between expected and actual experience with
regard to economic or demographic factors 6,797,506 0
Net difference between projected and actual earnings on
pension plan investments 0 8,873,434
$ 74,508,718 13,454,836
The $18,597,007 reported as deferred outflows of resources related to pensions resulting from City contributions
subsequent to the measurement date will be recognized as a reduction of the net pension liability (asset) in the year
ending June 30, 2020. Other amounts reported as deferred outflows of resources and deferred inflows of resources
related to pensions will be recognized as pension expense (income) as follows:
Deferred outflows
Fiscal year and (inflows)
ending June 30 of resources
2020 $ 24,387,858
2021 17,541,458
2022 (2,242,849)
2023 1,760,599
2024 1,009,809 Actuarial Valuations
The employer contribution rates effective July 1, 2017 through June 30, 2019, were set using the projected unit credit
actuarial cost method. For the Tier One/Tier Two component of the PERS 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), 2) an amount for the amortization of
unfunded actuarial accrued liabilities, which are being amortized over a fixed period with new unfunded actuarial
accrued liabilities being amortized over 20 years. For the OPSRP Pension Program component of the PERS Defined
Benefit Plan, this method produced an employer contribution rate consisting of 1) an amount for normal cost (the
estimated amount necessary to finance benefits earned by the employees during the current service year), 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 16 years.
68
December 9, 2019, Meeting - Item 2CCC Agenda - Page 112
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(5) Other Information, continued
(C) Retirement Plan – Oregon PERS (OPERS), continued
Actuarial Valuations, continued
The total pension liability in the December 31, 2016 actuarial valuation was determined using the following:
Valuation Date:December 31, 2016
Measurement Date: June 30, 2018
Experience Study Report: 2016, published July 26, 2017
Actuarial cost method Entry Age Normal
Amortization method: Amortized as a level percentage of payroll as layered amortization bases over a
closed period; Tier One/Tier Two UAL is amortized over 20 years and OPSRP
pension UAL is amortized over 16 years.
Asset valuation method: Market value of assets
Inflation rate:2.50%
Investment rate of return: 7.20%
Discount Rate:7.20%
Projected salary increases: 3.50%
Cost of living adjustments 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:
RP-2014 Healthy annuitant, sex-distinct, generational with Unisex, Social Security
Data Scale, with collar adjustments and set-backs as described in the valuation.
Active members:
RP-2014 Employees, sex-distinct, generational with Unisex, Social Security Data
Scale, with collar adjustments and set-backs as described in the valuation.
Disabled retirees:
RP-2014 Disabled retirees, sex-distinct, generational with Unisex, Social Security
Data Scale.
Actuarial assumptions
Actuarial valuations of an ongoing plan involve estimates of the value of projected benefits 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 methods and assumptions shown above are based on
the 2016 Experience Study which reviewed experience for the four-year period ending on December 31, 2016.
GASB Statement No. 68 reporting requirements allows for the measurement date (June 30, 2018) to be 12 months
prior to the reporting date (June 30, 2019) and the actuarial valuation date (December 31, 2016) to be 30 months
prior to the reporting date. The new pension asset (liability) for the June 30, 2019 reporting data will be based on the
December 31, 2017 actuarial valuation date.
Discount Rate
The discount rate used to measure the total pension liability was 7.20% 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.
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 113
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(5) Other Information, continued
(C) Retirement Plan – Oregon PERS (OPERS), continued
Long-Term Expected Rate of Return
To develop an analytical basis for the selection of the long-term expected rate of return assumption, in July 2015 the
PERS Board reviewed long-term assumptions developed by both Milliman’s capital market assumptions team and the
Oregon Investment Council’s (OIC) investment advisors. The table below shows Milliman’s assumptions for each of
the asset classes in which the plan was invested at that time based on the OIC long-term target asset allocation. The
OIC’s description of each asset class was used to map the target allocation to the asset classes.
Each asset class assumption is based on a consistent set of underlying assumptions and includes adjustment for the
inflation assumption. These assumptions are not based on historical returns, but instead are based on a forward-
looking capital market economic model.
Low High
Asset class/Strategy Range Range Target
Cash 0.0% 3.0% 0.0%
Debt Securities 15.0% 25.0% 20.0%
Public Equity 32.5% 42.5% 37.5%
Private Equity 13.5% 21.5% 17.5%
Real Estate 9.5% 15.5% 12.5%
Alternative Equity 0.0% 12.5% 12.5%
Opportunity Portfolio 0.0% 3.0% 0.0%
Total 100.0%
Compound
annual
return
Asset class Target (geometric)
Core fixed income 8.00%3.49%
Short-term bonds 8.00%3.38%
Bank/Leveraged loans 3.00%5.09%
High yield bonds 1.00%6.45%
Large/Mid cap US equities 15.75%6.30%
Small cap US equities 1.30%6.69%
Micro cap US equities 1.30%6.80%
Developed foreign equities 13.13%6.71%
Emerging foreign equities 4.12%7.45%
Non-US small cap equities 1.88%7.01%
Private equity 17.50%7.82%
Real estate (Property) 10.00%5.51%
Real estate (REITS) 2.50%6.37%
Hedge fund of funds - diversified 2.50%4.09%
Hedge fund - event-driven 0.63%5.86%
Timber 1.88%5.62%
Farmland 1.88%6.15%
Infrastructure 3.75%6.60%
Commodities 1.88%3.84%
100.00%
Assumed inflation – mean 2.50%
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 114
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(5) Other Information, continued
(C) Retirement Plan – Oregon PERS (OPERS), continued
Depletion Date Projection
GASB 68 generally requires that a blended discount rate be used to measure the Total Pension Liability (the Actuarial
Accrued Liability calculated using the Individual Entry Age Normal Cost Method). The long-term expected return on
plan investments may be used to discount liabilities to the extent that the plan’s Fiduciary Net Position is projected to
cover benefit payments and administrative expenses. A 20-year high quality (AA/Aa or higher) municipal bond rate
must be used for periods where the Fiduciary Net Position is not projected to cover benefit payments and
administrative expenses. Determining the discount rate under GASB 68 will often require that the actuary perform
complex projections of future benefit payments and pension plan investments. GASB 68 (paragraph 67) does allow
for alternative evaluations of projected solvency, if such evaluation can reliably be made. GASB does not contemplate
a specific method for making an alternative evaluation of sufficiency; it is left to professional judgment.
The following circumstances justify an alternative evaluation of sufficiency for PERS:
PERS has a formal written policy to calculate an Actuarially Determined Contribution (ADC), which is articulated
in the actuarial valuation report.
The ADC is based on a closed, layered amortization period, which means that payment of the full ADC each year
will bring the plan to a 100% funded position by the end of the amortization period if future experience follows
assumption.
GASB 68 specifies that the projections regarding future solvency assume that plan assets earn the assumed rate
of return and there are no future changes in the plan provisions or actuarial methods and assumptions, which
means that the projections would not reflect any adverse future experience which might impact the plan’s funded
position.
Based on these circumstances, it is our independent actuary’s opinion that the detailed depletion date projections
outlined in GASB 68 would clearly indicate that the Fiduciary Net Position is always projected to be sufficient to cover
benefit payments and administrative expenses.
Sensitivity of the City's proportionate share of the net pension asset (liability) to changes in the discount rate
The following presents the City's proportionate share of the net pension asset (liability) calculated using the discount
rate of 7.2%, as well as what the City's proportionate share of the net pension asset (liability) would be if it were
calculated using a discount rate that is 1 percentage-point lower (6.2%) or 1 percentage-point higher (8.2%) than the
current rate:
Current
1% decrease discount rate 1% increase
(6.2%) (7.2%) (8.2%)
City’s proportionate share of the net
pension asset (liability) $ (333,948,154) (199,826,692) (89,120,402)
Pension plan fiduciary net position
Detailed information about the pension plan's fiduciary net position is available in the separately issued OPERS
financial report
Changes in Assumptions and Other inputs
Changes in actuarial methods and assumptions implemented since the December 31, 2016 valuation are described in
the 2016 Experience Study (Study), published September 2017.
Changes in assumptions from that Study are reported in the table of actuarial methods and assumptions on page 71.
Modifications to the allocation of actuarial accrued liabilities, administrative expense assumptions, healthcare cost
inflation, and mortality tables can be found in the Study at: http://www.oregon.gov/PERS/Pages/Financials/Actuarial-
Presentations-and-Reports.aspx.
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 115
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(5) Other Information, continued
(D) Retirement Plan – OPSRP IAP
Plan Description
OPSRP Individual Account Program (IAP) is a defined contribution pension plan for Tier One/Tier Two and OPSRP
plan members. All benefits of the system are established by the legislature pursuant to ORS Chapters 238 and 238A.
Plan Benefits
An IAP member becomes vested on the date the employee account is established or on the date 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.
Upon retirement, a member of the OPSRP IAP may receive the amounts in his or her employee account, rollover
account, and vested employer account as a lump-sum payment or in equal installments over a 5, 10, 15, or 20-year
period or an anticipated life span option. Each distribution option has a $200 minimum distribution limit.
Death Benefits
Upon the death of a non-retired member, the beneficiary receives in a lump sum the member’s account balance,
rollover account balance, and vested employer optional contribution account balance. If a retired member dies before
the installment payments are completed, the beneficiary may receive the remaining installment payments or choose a
lump-sum payment.
Recordkeeping
PERS contracts with VOYA Financial to maintain IAP participant records.
Contributions
State statute requires that covered employees contribute 6.0% of their annual covered salary to the IAP plan effective
January 1, 2004. Statute allows that the employer may elect to pay the employees’ required IAP contributions.
The City has elected to pay all of the employees’ required IAP contributions, except for employees who are members
of the City’s International Association of Fire Fighters (IAFF) union. Beginning July 1, 2012, IAFF covered employees
elected to pay the employees’ required IAP contribution.
For the fiscal year ended June 30, 2019, the City’s contributions and IAFF covered employees’ contributions to the
IAP were $5,492,105 and $1,285,149, respectively (a total of 6.0% of covered payroll).
(E) Other Post-Employment Benefits (OPEB) – Retirement Health Insurance Account (RHIA)
Plan Description
Employees of the City are provided with health insurance premium subsidies through the Retirement Health
Insurance Account (RHIA). The Oregon Public Employees Retirement System (OPERS) administers the RHIA plan,
a cost-sharing, multiple-employer defined benefit Other Post Employment Benefit (OPEB) plan. The Oregon
Legislature has delegated authority to the Public Employees Retirement Board to administer and manage the system.
All benefits of the System are established by the legislature pursuant to ORS Chapters 238 and 238A. OPERS issues
a publicly available Comprehensive Annual Financial Report and Actuarial Valuation that can be obtained at:
http://www.oregon.gov/pers/Pages/section/financial_reports/financials.aspx
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 116
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(5) Other Information, continued
(E) Other Post-Employment Benefits (OPEB) – Retirement Health Insurance Account (RHIA), continued
Plan Benefits
The RHIA was established by ORS 238.420 and authorizes a payment up to $60 from the RHIA toward the monthly
costs of health insurance for eligible OPERS members. The plan was closed to new entrants hired on or after August
29, 2003. To be eligible to receive this monthly payment toward the premium cost the member must: (1) have eight
years or more of qualifying service in OPERS at the time of retirement or receive a disability allowance as if the
member had eight years or more of creditable service in OPERS, (2) receive both Medicare Parts A and B coverage,
and (3) enroll in a OPERS-sponsored health plan.
A surviving spouse or dependent of a deceased OPERS retiree who was eligible to receive the subsidy is eligible to
receive the subsidy if he or she (1) is receiving a retirement benefit or allowance from OPERS or (2) was insured at
the time the member died and member retired before May 1, 1991.
Contributions
Employer contribution rates during the period were based on the December 31, 2016 actuarial valuation which
became effective July 1, 2018. The rates in effect for the fiscal year ended June 30, 2019 were 0.07% of OPERS-
covered salaries for Tier One and Tier Two members to fund the normal cost portion of RHIA benefits. OPERS
employers contributed 0.45% percent of all PERS-covered salaries to amortize the unfunded actuarial accrued liability
over a fixed period with new unfunded actuarial accrued liabilities being amortized over 20 years. Employer
contributions for the year ended June 30, 2019 were $516,738.
Employer contributions are advance-funded on an actuarially determined basis. There is no inflation assumption for
RHIA postemployment benefits because the payment amount is set by statute and is not adjusted for increases in
healthcare costs. As of June 30, 2018, the inactive RHIA plan participants currently receiving benefits totaled 46,033,
and there were 56,200 active and 61,248 inactive members who meet the requirements to receive RHIA benefits
when they retire
OPEB Assets, Liabilities, OPEB Expense, Deferred Outflows of Resources, and Deferred Inflows of Resources
Related to OPEB
At June 30, 2019, the City reported $1,140,586 for its proportionate share of the net OPEB asset (liability). The net
OPEB asset (liability) was measured as of June 30, 2018, and the total OPEB asset used to calculate the net OPEB
asset (liability) was determined by an actuarial valuation as of December 31, 2016 rolled forward to June 30, 2018.
The City's proportion of the net OPEB asset (liability) was based on a projection of the City's long-term share of
contributions to the OPEB plan relative to the projected contributions of all participating entities, actuarially
determined. At June 30, 2018, the City's proportion was 1.02178%, which was an increase from its proportion
measured as of June 30, 2017.
For the year ended June 30, 2019, the City recognized OPEB expense (income) of ($106,351). At June 30, 2019, the
City reported deferred outflows of resources and deferred inflows of resources related to OPEB from the following
sources:
Deferred Deferred
outflows of inflows of
resources resources
Changes of assumptions or other inputs $03,619
Changes in proportionate share 0 6,505
Contributions subsequent to the measurement date 516,738 0
Difference between expected and actual experience 0 64,640
Net difference between projected and actual earnings on
investments 0 245,908
$ 516,738 320,672
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 117
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(5) Other Information, continued
(E) Other Post-Employment Benefits (OPEB) – Retirement Health Insurance Account (RHIA), continued
OPEB Assets, Liabilities, OPEB Expense, Deferred Outflows of Resources, and Deferred Inflows of Resources
Related to OPEB, continued
The $516,738 reported as deferred outflows of resources related to OPEB resulting from City contributions
subsequent to the measurement date will be recognized as a reduction of the net OPEB liability (asset) in the year
ending June 30, 2020. Other amounts reported as deferred outflows of resources and deferred inflows of resources
related to OPEB will be recognized as OPEB expense (income) as follows:
Deferred outflows
Fiscal year and (inflows)
ending June 30 of resources
2020 $ (107,113)
2021 (106,209)
2022 (82,903)
2023 (24,447)
Actuarial Valuations
See actuarial valuations included in note 5 (C) Retirement Plan – Oregon PERS (OPERS)
GASB Statement No. 75 reporting requirements allows for the measurement date (June 30, 2018) to be 12 months
prior to the reporting date (June 30, 2019) and the actuarial valuation date (December 31, 2016) to be 30 months
prior to the reporting date. The new OPEB asset (liability) for the June 30, 2020 reporting data will be based on the
December 31, 2017 actuarial valuation date.
Discount Rate
The discount rate used to measure the total OPEB liability was 7.2%. 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 RHIA 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 OPEB plan investments for the RHIA plan was applied to all
periods of projected benefit payments to determine the total OPEB liability.
Long-Term Expected Rate of Return
See Long-Term Expected Rate of Return included in note 5 (C) Retirement Plan – Oregon PERS (OPERS)
Depletion Date Projection
GASB 75 generally requires that a blended discount rate be used to measure the Total OPEB Liability (the Actuarial
Accrued Liability calculated using the Individual Entry Age Normal Cost Method). The long-term expected return on
plan investments may be used to discount liabilities to the extent that the plan’s Fiduciary Net Position is projected to
cover benefit payments and administrative expenses. A 20-year high quality (AA/Aa or higher) municipal bond rate
must be used for periods where the Fiduciary Net Position is not projected to cover benefit payments and
administrative expenses. Determining the discount rate under GASB 75 will often require that the actuary perform
complex projections of future benefit payments and OPEB plan investments. GASB 75 (paragraph 82) does allow for
alternative evaluations of projected solvency, if such evaluation can reliably be made. GASB does not contemplate a
specific method for making an alternative evaluation of sufficiency; it is left to professional judgment.
74
December 9, 2019, Meeting - Item 2CCC Agenda - Page 118
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(5) Other Information, continued
(E) Other Post-Employment Benefits (OPEB) – Retirement Health Insurance Account (RHIA), continued
Depletion Date Projection, continued
The following circumstances justify an alternative evaluation of sufficiency for PERS:
PERS has a formal written policy to calculate an Actuarially Determined Contribution (ADC), which is articulated
in the actuarial valuation report.
The ADC is based on a closed, layered amortization period, which means that payment of the full ADC each year
will bring the plan to a 100% funded position by the end of the amortization period if future experience follows
assumption.
GASB 75 specifies that the projections regarding future solvency assume that plan assets earn the assumed rate
return and there are no future changes in the plan provisions or actuarial methods and assumptions, which
means that the projections would not reflect any adverse future experience which might impact the plan’s funded
position.
Based on these circumstances, it is our independent actuary’s opinion that the detailed depletion date projections
outlined in GASB 75 would clearly indicate that the Fiduciary Net Position is always projected to be sufficient to cover
benefit payments and administrative expenses.
Sensitivity of the City's proportionate share of the net OPEB asset (liability) to changes in the discount rate
The following presents the City's proportionate share of the net OPEB asset (liability) calculated using the discount
rate of 7.2%, as well as what the City's proportionate share of the net OPEB asset (liability) would be if it were
calculated using a discount rate that is 1 percentage-point lower (6.2%) or 1 percentage-point higher (8.2%) than the
current rate:
Current
1% decrease discount rate 1% increase
(6.2%) (7.2%) (8.2%)
City’s proportionate share of the net
OPEB asset (liability) $ 664,105 1,140,586 1,546,166
OPEB plan fiduciary net position
Detailed information about the OPEB plan's fiduciary net position is available in the separately issued OPERS
financial report
Changes in Assumptions and Other inputs
Changes in actuarial methods and assumptions implemented since the December 31, 2016 valuation are described in
the 2016 Experience Study (Study), published September 2017.
Changes in assumptions from that Study are reported in the table of actuarial methods and assumptions on page 71.
Modifications to the allocation of actuarial accrued liabilities, administrative expense assumptions, healthcare cost
inflation, and mortality tables can be found in the Study at: http://www.oregon.gov/PERS/Pages/Financials/Actuarial-
Presentations-and-Reports.aspx.
75
December 9, 2019, Meeting - Item 2CCC Agenda - Page 119
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(5) Other Information, continued
(F) Other Post-Employment Benefits (OPEB) – Retiree Health and Life Insurance Plan (RHLI)
Plan Description
The City administers the RHLI, a single-employer defined benefit healthcare plan that provides post-retirement
medical, dental, and vision coverage for eligible retirees, their spouses, domestic partners, and dependents on a self-
pay basis. Benefit provisions are established through negotiations between the City and representatives of collective
bargaining units. Eligible participants may select from one of the City’s three self-insured healthcare plans: the City
Health Plan, the City Managed Care Plan, or the Hybrid Plan. The level of benefits provided by the plans are the
same as those afforded to active employees. Coverage is provided to retirees, spouses, and domestic partners until
they become eligible for Medicare, typically age 65, and to eligible dependents until age 26.
The City also provides post-employment life insurance benefits to fully disabled employees through a single employer
defined benefit plan. The plan provides a waiver of life insurance premiums for employees who participate in the
City’s life insurance plan who become totally disabled; the plan is underwritten by Standard Insurance Company,
whereby the City pays a premium rate for active and disabled employees, and Standard Insurance Company provides
term life insurance coverage. In the event the City changes life insurance carriers, Standard Insurance Company
does not retain any liability for future death benefits. In changing life insurance carriers, if the new carrier was
unwilling to accept the liability for the disabled employees, the City would be responsible for any future death benefits.
Plan Benefits
The City’s post-retirement healthcare plan was established in accordance with Oregon Revised Statutes (ORS)
243.303. ORS stipulate that for the purpose of establishing healthcare premiums, the rate must be based on all plan
members, including both active employees and retirees. Due to the effect of age, retiree claim costs are generally
higher than claim costs for all members as a whole. The difference between retiree claims costs and the amount of
retiree healthcare premiums represents the City’s implicit employer contribution.
The City’s post-employment life insurance benefit for disabled employees is an elective benefit offered by the City,
this benefit is subject to collective bargaining agreements. The amount of life insurance benefits that a disabled
employee receives is based on the amount of coverage and the reduction pattern in effect at the time of disablement.
The coverage amount varies per employer group; the maximum benefit is $250,000.
Contributions
The City has the authority to establish and amend contribution requirements. The required contribution is based on
projected pay-as-you-go financing requirements. Since the City’s healthcare plan is self-insured, the annual required
contributions can fluctuate. For the fiscal year ending June 30, 2019, the City’s combined plan contributions were
$1,063,799. As of June 30, 2018 there were 1,512 active and 183 inactive members who meet the requirements to
receive benefits when they retire.
Funding Policy
The City did not establish an irrevocable trust (or equivalent arrangement) to account for either plan. Instead, the
activities of the plans are reported in the City’s Risk and Benefits Internal Service Fund. Neither plan issues a
separate report.
As of June 30, 2019, the City has set aside $3,882,679 to pay for future post-employment benefits, which is included
in the unrestricted portion of net position in the Risk and Benefits Internal Service Fund. Since these assets have not
been placed in a qualified trust (or equivalent arrangement) they have not been recognized as part of the actuarial
valuation.
OPEB Assets, Liabilities, OPEB Expense, Deferred Outflows of Resources, and Deferred Inflows of Resources
Related to OPEB
At June 30, 2019, the City reported a ($17,722,000) net OPEB asset (liability). The net OPEB asset (liability) was
measured as of June 30, 2018, and the net OPEB asset (liability) was determined by an actuarial valuation as of July
1, 2018.
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 120
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(5) Other Information, continued
(F) Other Post-Employment Benefits (OPEB) – Retiree Health and Life Insurance Plan (RHLI), continued
OPEB Assets, Liabilities, OPEB Expense, Deferred Outflows of Resources, and Deferred Inflows of Resources
Related to OPEB, continued
For the year ended June 30, 2019, the City recognized OPEB expense (income) of $1,634,159. At June 30, 2019,
the City reported deferred outflows of resources and deferred inflows of resources related to OPEB from the following
sources:
Deferred Deferred
outflows of inflows of
resources resources
Changes of assumptions or other input $ 0 86,313
Contributions subsequent to the measurement date 1,063,799 0
Differences between expected and actual experience 974,243 0
$ 2,038,042 86,313
The $1,063,799 reported as deferred outflows of resources related to OPEB resulting from City contributions
subsequent to the measurement date will be recognized as a reduction of the net OPEB liability (asset) in the year
ending June 30, 2020. Other amounts reported as deferred outflows of resources and deferred inflows of resources
related to OPEB will be recognized as expense (income) as follows:
Deferred outflows
Fiscal year and (inflows)
ending June 30 of resources
2020 $ 126,847
2021 126,847
2022 126,847
2023 126,847
2024 126,847
Thereafter 253,695
77
December 9, 2019, Meeting - Item 2CCC Agenda - Page 121
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(5) Other Information, continued
(F) Other Post-Employment Benefits (OPEB) – Retiree Health and Life Insurance Plan (RHLI), continued
Actuarial Assumptions
The total OPEB liability in the July 1, 2016 actuarial valuation was determined using the following:
Valuation Date:
Measurement Date:
Actuarial cost method
Inflation rate:2.50%
Discount Rate:
Projected salary increases:
Participation:
Salary Merit Scale:
General Police &
Duration Service Fire
0 3.38% 4.44%
5 1.94% 2.39%
10 0.99% 1.23%
15 0.43% 0.69%
20 0.14% 0.52%
25 0.02% 0.44%
30 + -0.04% 0.21%
Healthcare cost trend rate:
Mortality:
Months.
Disabled mortality:
Female Adjustment: Blended 50% blue collar/50% white collar, no set back.
Basic table: RP 2014, Disabled Retiree, sex distinct, generational, no collar
adjustment, no set back.
Improvement Scale: Unisex Social Security Data Scale (60 year average).
Male Adjustment: Blended 50% blue collar/50% white collar, setback 12
Actuarial assumptions
June 30, 2019 to 6.0% for those years ending beyond June 30, 2029.
4.00% per year, based on all years discounted at municipal bound rate.
3.5% per year plus the Salary Merit Scale below.
100% of active employees eligible for post-employment life insurance benefits.
Total payroll increase is overall payroll growth plus merit table below.
Healthcare rates decrease 0.1% annually from 7.0% from the year ended
50% of active employees currently enrolled in City medical plan are assumed to
remain enrolled at retirement until Medicare eligibility.
July 1, 2018
June 30, 2018
Entry Age Normal
Basic table: RP 2014, Employee/Healthy Annuitant, sex distinct, generational.
Improvement Scale: Unisex Social Security Data Scale (60 year average).
Actuarial valuations of an ongoing plan involve estimates of the value of projected benefits 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.
GASB Statement No. 75 reporting requirements allows for the measurement date (June 30, 2018) to be 12 months
prior to the reporting date (June 30, 2019) and the actuarial valuation date (July 1, 2018) to be 30 months prior to the
reporting date.
78
December 9, 2019, Meeting - Item 2CCC Agenda - Page 122
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(5) Other Information, continued
(F) Other Post-Employment Benefits (OPEB) – Retiree Health and Life Insurance Plan (RHLI), continued
Discount Rate
The discount rate used to measure the total OPEB liability was 4.00%, which is based on municipal bond rates.
Sensitivity of the City's proportionate share of the net OPEB asset (liability) to changes in the discount rate and trend
rates
The following presents the City's net OPEB asset (liability) calculated using the discount rate of 4.00%, as well as
what the City's net OPEB asset (liability) would be if it were calculated using a discount rate that is one percentage-
point lower (3.00%) or one percentage-point higher (5.00%) than the current rate:
Current
1% decrease discount rate 1% increase
(3.00%) (4.00%) (5.00%)
City’s proportionate share of the net
OPEB asset (liability) $ (19,233,260) (17,722,000) (16,333,291)
The following presents the City's net OPEB asset (liability) calculated using the healthcare cost trend rate of 7.00%
graded down to 5.00%, as well as what the City’s net OPEB asset (liability) would be if it were calculated using a
healthcare cost trend rate that is one percentage-point lower (6.00%) or one percentage-point higher (8.00%) than the
current rate.
Current
1% decrease trend rate 1% increase
6.00% graded 7.00% graded 8.00% graded
down to 4.00% down to 5.00% down to 6.00%
City’s proportionate share of the net
OPEB asset (liability) $ (15,654,635) (17,722,000) (19,672,332)
Changes in OPEB Liability (RHLI)
Balance at 6/30/18 (17,528,794)
Changes for the year:
Service cost (861,347)
Interest (645,964)
Differences between expected and actual experience (1,113,421)
Changes of assumptions or other input 98,644
Benefit payments 2,328,882
Net changes (193,206)
Balance at 6/30/19 (17,722,000)
Estimated covered payroll 102,474,145
Total OPEB Liability as a percentage of covered payroll 17.29%
(G) Contingencies
The City is contingently liable with respect to lawsuits and other claims incidental to the ordinary course of its
operations. Claims covered by the City’s self-insurance internal service fund are reviewed and losses are accrued
based upon the judgment of City management. Based upon the advice of legal counsel with respect to such litigation
and claims, City management cannot determine what effect the ultimate disposition of these matters will have on the
financial position or results of operations of City funds.
79
December 9, 2019, Meeting - Item 2CCC Agenda - Page 123
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(5) Other Information, continued
(H) Outstanding Encumbrances
At June 30, 2019, the City has encumbered the following significant commitments:
Fund Amount
General $2,404,579
Community Development 1,513,278
General Capital Projects 2,837,867
Systems Development Capital 2,364,802
Ambulance Transport 41,532
Municipal Airport 9,914,221
Parking Services 892,948
Stormwater Utility 1,222,026
Wastewater Utility 1,982,773
Internal service funds 3,302,553
Other governmental funds 7,737,706
Total outstanding encumbrances $34,214,285
(I) Tax Abatements
The City uses property tax abatements to encourage business and economic development. The City has four tax
abatement programs: Low-Income Rental Housing Property Tax Exemption, Multi-Unit Property Tax Exemption,
Property Tax Differential, and the West Eugene Enterprise Zone.
The City’s tax abatement programs reduce or eliminate the amount of property taxes that a property owner pays. The
revenue impact from property tax abatements consists of two components: revenue loss and revenue shift. Most
property taxes levied in the City are through fixed tax rates. With these levies if a property is exempt from taxation
then the City simply raises less money than if the property was taxable.
Some levies, mostly bond levies to repay debt, do not have a fixed tax rate and instead calculate the tax rate each
year by dividing the amount of tax revenue needed that year across the value of all taxable properties. In these
cases, if a property is exempt from tax the effect is to raise the overall tax rate on the remaining taxable properties.
Therefore the final amount of tax raised for the City will remain the same because the tax burden is shifted to the
other properties.
Low-Income Rental Housing Property Tax Exemption
The Low-Income Rental Housing Property Tax Exemption (LIRHPTE) is enabled by Oregon Revised Statute (ORS)
307.515 – 307.535 and City Code 2.910 – 2.922. LIRHPTE is designed to encourage development of properties that
are offered for rent or held for the purpose of increasing low-income rental housing.
Rental properties constructed after February 12, 1990, or rental properties owned by 501c(3) non-profits that are
offered for rent or held for the purpose of developing low-income rental housing are eligible. Property must be rented
only to persons with income at or below 60 percent of area median income based on US Department of Housing and
Urban Development criteria, and must be rented at rates that reflect the full property tax reduction.
The abatement applies to real property taxes, which are reduced through a reduction of the property’s assessed
value. Properties that meet the requirements qualify for 100% exemption over a 20 year period. These tax
abatement agreements do not include any provisions for recapturing any abated taxes.
Multi-Unit Property Tax Exemption
The Multi-Unit Property Tax Exemption (MUPTE) is enabled by ORS 307.600 – 307.637 and City Code 2.945 –
2.947. MUPTE programs are designed to be an incentive of redevelopment of residential properties in city centers
and along transit corridors. In Eugene, the City Council has authorized the use of MUPTE in the downtown area and
west of the University. The program has been discontinued in the West University area and it has been narrowed so
that student housing is no longer eligible.
80
December 9, 2019, Meeting - Item 2CCC Agenda - Page 124
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(5) Other Information, continued
(I) Tax Abatements, continued
Multi-Unit Property Tax Exemption, continued
Multi‐unit redevelopment housing projects with five or more units that are newly constructed, additions to existing
multi‐unit housing, or structures converted in whole or in part from other use to dwelling units are eligible for MUPTE.
The commercial portion of a project is eligible for an exemption if deemed a public benefit by City Council. The land
and improvements not exempted by City Council continue to be taxed during the MUPTE period.
To be considered for MUPTE approval, projects must provide the following public benefits: compact urban
development, green building features, local economic impact plan, moderate-income housing contribution, project
design and compatibility, historic and existing housing sensitivity, and project need.
The abatement applies to real property taxes, which are reduced through a reduction of the property’s assessed
value. The MUPTE program offers a property tax exemption on the new structure or incremental change in the
property value of the building that comprises the project for a maximum of ten years. These tax abatement
agreements do not include any provisions for recapturing any abated taxes.
Property Tax Differential
The tax differential program is designed to encourage annexation of property to a municipality. Annexations of
property in the City are typically initiated by the property owner to obtain a service or right that the City provides.
Typical services requested include sanitary sewer, Eugene Water and Electric Board electric and water, city police or
fire protection, library services, and the ability to vote in city elections. The City Council must approve all annexations
in the City.
In certain unique circumstances, the City will enter into an annexation agreement with a property owner that reduces
the City’s property tax rate on the annexed property by a specific percentage for a period up to ten years. These
Property Tax Differentials are enabled by ORS 222 and City Resolution No. 5015 and 5068.
The abatement applies to real property taxes, which are reduced through a reduction of the property’s tax rate. The
City determines a percentage applied to reduce the City’s property tax rates. Only the tax rates of the City are
reduced. As part of the tax abatement agreement, the property owner must repay the tax differential amount if the
property owner does not annex to the City in a timely manner.
The City may agree to other commitments when providing incentives for annexation. Under current agreements, the
City has reduced or waived the City annexation application fee and paid the County annexation fees.
In 1991, the City developed an annexation and urban services policy agreement for the Industrial Corridor Community
Organization designed to encourage annexation of the entire area and ensure that all properties would be served by
sewers by the year 2000. That agreement set out a number of commitments designed to result in an orderly
transition from rural to urban services in the area, such as initiating a refinement plan, agreeing to not force
annexation of any property, reviewing city policies related to sanitary sewers, parking lot and sidewalks, and lobbying
for beneficial legislation.
West Eugene Enterprise Zone
The West Eugene Enterprise Zone is enabled by ORS 285C and City Ordinance No. 20368. The Zone was
established to stimulate 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.
The West Eugene Enterprise Zone offers a three to five year tax exemption period. For the basic, three-year
enterprise zone exemption period, the business needs to:
• Increase full-time, permanent employment of the firm inside the enterprise zone by the greater of one new
job or ten percent;
• Enter into first-source agreement with local job training providers;
• Maintain employment levels during exemption period;
• Have no concurrent job losses more than 30 miles from the zone; and
• Satisfy local additional conditions, imposed in the West Eugene Enterprise Zone.
The Zone Sponsor may waive required employment increase for investments of $25.0 million or more.
81
December 9, 2019, Meeting - Item 2CCC Agenda - Page 125
CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
(5) Other Information, continued
(I) Tax Abatements, continued
West Eugene Enterprise Zone, continued
Four or five years of exemption in total can be granted with special approval from the Zone Sponsor. The
requirements include the basic three–year requirements, plus:
• Compensation for new jobs created must be at least 150 percent of the average wage for Lane County;
• Local approval by written agreement with the local Zone Sponsor; and
• Additional requirements that the local zone sponsor may reasonably request.
The abatement applies to real and personal property taxes, which are reduced through a reduction of the assessed
value. The property taxes normally assessed on a new building/structure, or newly installed machinery and
equipment qualify for 100% exemption. Land, existing buildings, existing machinery and equipment, and minor
personal property items are not eligible for the exemption. Property is disqualified if it is used for an ineligible activity,
such as retail operations, or if the business substantially curtails operations or closes during the exemption period.
When property becomes disqualified, prior exempt taxes are billed for payment.
For the fiscal year ending June 30, 2019, the property tax impacts from tax abatements are as follows:
Property Tax West Eugene
Property Tax Impact LIRHPTE MUPTE Differential Enterprise Zone
Revenue Loss $ 450,423 905,362 54,576 167,811
Revenue Shift 83,876 168,593 3,066 31,249
The reported property tax impacts were calculated using post division of tax rates. The amounts represent the
amount of assessed property taxes. The amount of revenue losses does not take into consideration early payment
discounts or property tax collection rates.
(J) Accounting Standards Issued but not yet Adopted
GASB Statement No. 87, Leases was issued in June 2017. This Statement increases the usefulness of governments’
financial statements by requiring recognition of certain lease assets and liabilities for leases that previously were
classified as operating leases and recognized as inflows of resources or outflows of resources based on the payment
provisions of the contract. It establishes a single model for lease accounting based on the foundational principle that
leases are financings of the right to use an underlying asset. Under this Statement, a lessee is required to recognize a
lease liability and an intangible right-to-use lease asset, and a lessor is required to recognize a lease receivable and a
deferred inflow of resources, thereby enhancing the relevance and consistency of information about governments’
leasing activities. This statement is effective for fiscal years beginning after December 15, 2019. Earlier application
is encouraged.
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 126
City of Eugene, Oregon A-1
General Fund
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Original Final basis Adjustment basis
Revenues
Taxes 119,349,000 120,024,000 121,044,498 0 121,044,498
Licenses and permits 8,723,816 8,793,816 9,482,201 0 9,482,201
Intergovernmental 5,277,000 6,124,189 6,379,936 0 6,379,936
Rental income 562,830 562,830 523,497 0 523,497
Charges for services 15,232,123 16,144,861 16,263,806 (951,862) 15,311,944
Fines and forfeits 1,894,575 1,894,575 1,672,792 0 1,672,792
Miscellaneous 1,756,914 1,756,914 2,429,443 484,582 2,914,025
Total revenues 152,796,258 155,301,185 157,796,173 (467,280) 157,328,893
Expenditures
Current - departmental:
Central services 26,047,835 33,691,686 27,462,858 (8,946,257) 18,516,601
Fire and emergency medical services 30,777,064 31,519,191 31,389,848 0 31,389,848
Library, recreation, and cultural services 31,123,351 32,381,930 31,635,183 67,336 31,702,519
Planning and development 7,723,477 10,076,160 7,650,997 (682,447) 6,968,550
Police 55,144,120 60,398,666 56,631,852 (532,549) 56,099,303
Public works 6,492,151 6,717,618 6,567,243 15,000 6,582,243
Special payments 700,000 700,000 268,936 (249,415) 19,521
Total expenditures 158,007,998 175,485,251 161,606,917 (10,328,332) 151,278,585
Excess (deficiency) of
revenues over expenditures (5,211,740) (20,184,066) (3,810,744) 9,861,052 6,050,308
Other financing sources (uses)
Transfers in 10,850,023 10,850,023 10,850,023 (9,158,000) 1,692,023
Transfers out (5,865,300) (7,947,400) (7,647,400)0 (7,647,400)
Total other financing sources (uses)4,984,723 2,902,623 3,202,623 (9,158,000) (5,955,377)
Net change in fund balance (227,017) (17,281,443) (608,121) 703,052 94,931
Fund balance, July 1, 2018 52,088,221 63,738,160 63,738,160 1,196,015 64,934,175
Fund balance, June 30, 2019 51,861,204 46,456,717 63,130,039 1,899,067 65,029,106
ActualBudget
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
83
December 9, 2019, Meeting - Item 2CCC Agenda - Page 127
City of Eugene, Oregon A-2
Community Development Fund
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Original Final basis Adjustment basis
Revenues
Intergovernmental 5,451,912 6,894,392 3,013,566 0 3,013,566
Charges for services 5,000 55,000 41,710 0 41,710
Repayment of revolving loans 0 0 0 1,079,792 1,079,792
Miscellaneous 709,720 709,720 547,113 24,526 571,639
Total revenues 6,166,632 7,659,112 3,602,389 1,104,318 4,706,707
Expenditures
Current - departmental:
Central services 0 0 0 127,000 127,000
Planning and development 3,244,642 3,543,661 1,755,737 3,440,633 5,196,370
Debt service 373,395 373,395 373,395 0 373,395
Capital outlay 730,256 868,972 0 0 0
Special payments 8,795,847 8,407,064 3,440,633 (3,440,633)0
Total expenditures 13,144,140 13,193,092 5,569,765 127,000 5,696,765
Excess (deficiency) of
revenues over expenditures (6,977,508) (5,533,980) (1,967,376) 977,318 (990,058)
Other financing sources (uses)
Principal payments received 2,995,600 2,995,600 1,079,792 (1,079,792)0
Transfers out (127,000) (127,000) (127,000) 127,000 0
Total other financing sources (uses)2,868,600 2,868,600 952,792 (952,792)0
Net change in fund balance (4,108,908) (2,665,380) (1,014,584) 24,526 (990,058)
Fund balance, July 1, 2018 5,550,480 4,136,516 4,136,516 (18,545) 4,117,971
Fund balance, June 30, 2019 1,441,572 1,471,136 3,121,932 5,981 3,127,913
ActualBudget
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
84
December 9, 2019, Meeting - Item 2CCC Agenda - Page 128
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85
December 9, 2019, Meeting - Item 2CCC Agenda - Page 129
CITY OF EUGENE, OREGON
Notes to Required Supplementary Information
(2) Schedule of City’s Proportionate Share of the Net OPEB RHIA Asset (Liability)
The City’s proportionate share of the net OPEB (RHIA) asset (liability) is actuarially determined by comparing the
City’s projected long-term contributions to OPERS to the total projected long-term contributions to the plan from all
employers.
2017 2018 2019
Proportion of the net OPEB asset (liability) 1.05% 1.01% 1.02%
Proportionate share of the net OPEB asset (liability) $ (286,227) 422,740 1,140,586
Covered payroll 100,127,793 103,471,224 107,069,591
Proportionate share of the net OPEB asset (liability)
as a percentage of its covered payroll -0.29% 0.41% 1.07%
Plan fiduciary net position as a percentage of the total
OPEB asset (liability)94.20% 108.90% 108.90%
Schedule of City Contributions
2017 2018 2019
Contractually required contribution $ 307,063 494,750 516,738
Contributions in relation to the contractually required contribution (307,063) (494,750) (516,738)
Contribution deficiency (excesses) $ 0 0 0
Covered payroll 103,471,224 107,069,591 112,855,413
Contributions as a percentage of covered payroll 0.30% 0.46% 0.46%
(3) Schedule of Changes in the City’s Total OPEB RHLI Asset (Liability)
2019
Service cost $ (861,347)
Interest (645,964)
Differences between expected and actual experience (1,113,421)
Changes of assumptions or other input 98,644
Benefit payments 2,328,882
Net change in total OPEB liability (193,206)
Total OPEB liability - beginning (17,528,794)
Total OPEB liability - ending $(17,722,000)
Note: Only the information for the years available is presented in the above schedules.
86
December 9, 2019, Meeting - Item 2CCC Agenda - Page 130
CITY OF EUGENE, OREGON
Notes to Required Supplementary Information
(4) Budget to GAAP Reconciliation
Sections of Oregon Revised Statutes (Oregon Budget Law) require most transactions be budgeted on the modified
accrual basis of accounting. However, there are certain transactions where statutory budget requirements conflict
with generally accepted accounting principles (GAAP). The following discusses the differences between the budget
basis and GAAP basis of accounting for the General Fund and the Community Development Fund.
Community
General Development
Net change in fund balance - budget basis $ (608,121) (1,014,584)
Budget resources not qualifying as revenues or other financing
sources under GAAP:
Indirect and other cost reimbursements received are reported as revenues
or other financing sources on a budget basis. Such receipts are
reclassified as a reduction of expenditures on a GAAP basis.10,109,862 0
Revenues and other financing sources required by GAAP not
qualifying as budget resources:
Adjustment for fair value of investments at year end is reported as
miscellaneous revenue on a GAAP basis. Such revenues are not
reflected on a budget basis.484,583 24,526
Budget expenditures not qualifying as expenditures or other
financing uses under GAAP:
Indirect and other costs reimbursed are reported as expenditures on a
budget basis. Such disbursements are reclassified as a reduction of
revenues and other financing sources on a GAAP basis.(10,109,862)0
Prepaid expenses are recorded in the year paid on a budget basis.
However, such expenses are matched to the accounting period benefited
under GAAP.218,469 0
Net change in fund balance - GAAP basis.$ 94,931 (990,058)
Principal payments received of $1,079,792 and loans granted of $3,440,633 are reported in the Community
Development Fund as other financing sources and special payments, respectively. Such amounts have been
reclassified as revenues and departmental expenditures on a GAAP basis. In addition, indirect cost reimbursements
are reclassified from transfers to departmental administrative expenditures on a GAAP basis. Such reclassifications
are not included in the above schedule.
87
December 9, 2019, Meeting - Item 2CCC Agenda - Page 131
(this page intentionally left blank)
88
December 9, 2019, Meeting - Item 2CCC Agenda - Page 132
City of Eugene, Oregon B-1
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2019
(amounts in dollars)
Special Debt Capital
Revenue Service Projects
Funds Funds Funds Total
Assets
Equity in pooled cash and investments 40,608,293 4,015,402 31,349,170 75,972,865
Receivables:
Interest 29,394 128,290 0 157,684
Taxes 187,906 550,770 0 738,676
Accounts 1,126,637 0 0 1,126,637
Assessments 70,797 115,787 43,957 230,541
Loans and notes 2,354,581 0 0 2,354,581
Allowance for uncollectibles (150,447)0 0 (150,447)
Due from other governments 2,544,802 89,595 1,177,662 3,812,059
Inventories 1,051,173 0 0 1,051,173
Prepaids and deposits 65,000 0 0 65,000
Assets held for resale 0 1,541 3,059,064 3,060,605
Total assets 47,888,136 4,901,385 35,629,853 88,419,374
Liabilities
Accounts payable 405,062 0 1,857,773 2,262,835
Wages payable 971,687 0 0 971,687
Due to other governments 286,799 0 33,324 320,123
Deposits 17,111 0 1,144,970 1,162,081
Interfund loans payable 120,000 0 0 120,000
Unearned revenue 77,196 0 248,696 325,892
Total liabilities 1,877,855 0 3,284,763 5,162,618
Deferred inflows of resources
Advances from other funds 960,000 0 0 960,000
Unavailable revenue 2,627,551 796,389 44,223 3,468,163
Total deferred inflows of resources 3,587,551 796,389 44,223 4,428,163
Fund balances
Nonspendable 1,196,173 0 0 1,196,173
Restricted 25,007,793 4,104,996 30,871,659 59,984,448
Committed 16,218,764 0 1,429,208 17,647,972
Total fund balances 42,422,730 4,104,996 32,300,867 78,828,593
Total liabilities, deferred inflows
of resources, and fund balances 47,888,136 4,901,385 35,629,853 88,419,374
89
December 9, 2019, Meeting - Item 2CCC Agenda - Page 133
City of Eugene, Oregon B-2
Combining Statement of Revenues, Expenditures,
and Changes in Fund Balances
Nonmajor Governmental Funds
For the fiscal year ended June 30, 2019
(amounts in dollars)
Special Debt Capital
Revenue Service Projects
Funds Funds Funds Total
Revenues
Taxes 7,864,420 16,249,043 3,156,006 27,269,469
Licenses and permits 12,204,704 0 0 12,204,704
Intergovernmental 14,782,660 0 10,046,426 24,829,086
Rental income 222,631 0 35,000 257,631
Charges for services 6,968,028 0 626,541 7,594,569
Fines and forfeits 41,656 0 0 41,656
Special assessments 3,086 40,894 2,776 46,756
Repayment of revolving loans 119,019 0 0 119,019
Miscellaneous 2,083,632 252,643 421,496 2,757,771
Total revenues 44,289,836 16,542,580 14,288,245 75,120,661
Expenditures
Current - departmental:
Central services 4,777,110 0 0 4,777,110
Fire and emergency medical services 358,372 0 0 358,372
Library, recreation, and cultural services 2,145,664 0 0 2,145,664
Planning and development 9,037,836 0 0 9,037,836
Police 1,937,077 0 0 1,937,077
Public works 14,554,728 0 0 14,554,728
Debt service:
Principal 0 13,754,360 0 13,754,360
Interest 25,320 525,281 0 550,601
Issuance costs 0 0 24,085 24,085
Capital outlay 28,414 0 18,367,827 18,396,241
Total expenditures 32,864,521 14,279,641 18,391,912 65,536,074
Excess (deficiency) of
revenues over expenditures 11,425,315 2,262,939 (4,103,667) 9,584,587
Other financing sources (uses)
Proceeds of debt issuance 0 0 11,240,300 11,240,300
Proceeds of sale of assets 0 0 3,048,674 3,048,674
Transfers in 982,275 0 6,861,250 7,843,525
Transfers out (6,395,000) (1,876,275)0 (8,271,275)
Total other financing sources (uses)(5,412,725) (1,876,275) 21,150,224 13,861,224
Net change in fund balances 6,012,590 386,664 17,046,557 23,445,811
Fund balances, July 1, 2018 36,410,140 3,718,332 15,254,310 55,382,782
Fund balances, June 30, 2019 42,422,730 4,104,996 32,300,867 78,828,593
90
December 9, 2019, Meeting - Item 2CCC Agenda - Page 134
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 135
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 136
City of Eugene, Oregon C-3
Construction and Rental Housing Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Licenses and permits 4,296,500 6,143,330 0 6,143,330
Charges for services 5,453,250 7,256,797 (852,639) 6,404,158
Fines and forfeits 25,000 41,656 0 41,656
Miscellaneous 86,000 186,181 51,730 237,911
Total revenues 9,860,750 13,627,964 (800,909) 12,827,055
Expenditures
Current - departmental:
Central services 0 0 984,000 984,000
Fire and emergency medical services 340,239 358,372 0 358,372
Planning and development 7,865,834 6,135,433 28,000 6,163,433
Public works 481,074 481,074 0 481,074
Special payments 1,050,000 852,639 (852,639)0
Total expenditures 9,737,147 7,827,518 159,361 7,986,879
Excess (deficiency) of
revenues over expenditures 123,603 5,800,446 (960,270) 4,840,176
Other financing sources (uses)
Transfers out (984,000) (984,000) 984,000 0
Total other financing sources (uses)(984,000) (984,000) 984,000 0
Net change in fund balance (860,397) 4,816,446 23,730 4,840,176
Fund balance, July 1, 2018 5,549,604 5,549,604 1,074 5,550,678
Fund balance, June 30, 2019 4,689,207 10,366,050 24,804 10,390,854
Actual
93
December 9, 2019, Meeting - Item 2CCC Agenda - Page 137
City of Eugene, Oregon C-4
Library Local Option Levy Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Taxes 2,576,000 2,530,828 0 2,530,828
Miscellaneous 14,000 51,042 13,428 64,470
Total revenues 2,590,000 2,581,870 13,428 2,595,298
Expenditures
Current - departmental:
Library, recreation, and cultural services 2,407,582 2,015,788 (50,000) 1,965,788
Total expenditures 2,407,582 2,015,788 (50,000) 1,965,788
Excess (deficiency) of
revenues over expenditures 182,418 566,082 63,428 629,510
Total other financing sources (uses)0000
Net change in fund balance 182,418 566,082 63,428 629,510
Fund balance, July 1, 2018 1,714,244 1,714,244 (7,908) 1,706,336
Fund balance, June 30, 2019 1,896,662 2,280,326 55,520 2,335,846
Actual
94
December 9, 2019, Meeting - Item 2CCC Agenda - Page 138
City of Eugene, Oregon C-5
Library, Parks, and Recreation Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Rental income 35,920 40,715 0 40,715
Charges for services 25,000 19,782 0 19,782
Repayment of revolving loans 0 0 2,572 2,572
Miscellaneous 453,116 617,376 38,095 655,471
Total revenues 514,036 677,873 40,667 718,540
Expenditures
Current - departmental:
Library, recreation, and cultural services 377,000 179,876 0 179,876
Capital outlay 845,568 28,414 0 28,414
Special payments 103,545 0 0 0
Total expenditures 1,326,113 208,290 0 208,290
Excess (deficiency) of
revenues over expenditures (812,077) 469,583 40,667 510,250
Other financing sources (uses)
Principal payments received 7,710 2,572 (2,572)0
Total other financing sources (uses)7,710 2,572 (2,572)0
Net change in fund balance (804,367) 472,155 38,095 510,250
Fund balance, July 1, 2018 5,286,261 5,286,261 (24,510) 5,261,751
Fund balance, June 30, 2019 4,481,894 5,758,416 13,585 5,772,001
Actual
95
December 9, 2019, Meeting - Item 2CCC Agenda - Page 139
City of Eugene, Oregon C-6
Parks and Recreation Local Option Levy
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Taxes 2,977,000 3,005,545 0 3,005,545
Miscellaneous 0 28,191 3,845 32,036
Total revenues 2,977,000 3,033,736 3,845 3,037,581
Expenditures
Current - departmental:
Police 430,000 297,898 0 297,898
Public works 2,000,000 1,246,169 0 1,246,169
Total expenditures 2,430,000 1,544,067 0 1,544,067
Excess (deficiency) of
revenues over expenditures 547,000 1,489,669 3,845 1,493,514
Total other financing sources (uses)0000
Net change in fund balance 547,000 1,489,669 3,845 1,493,514
Fund balance, July 1, 2018 0000
Fund balance, June 30, 2019 547,000 1,489,669 3,845 1,493,514
Actual
96
December 9, 2019, Meeting - Item 2CCC Agenda - Page 140
City of Eugene, Oregon C-7
Public Safety Communications Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Intergovernmental 1,600,000 1,722,250 0 1,722,250
Charges for services 107,595 136,404 0 136,404
Miscellaneous 13,500 47,114 13,806 60,920
Total revenues 1,721,095 1,905,768 13,806 1,919,574
Expenditures
Current - departmental:
Central services 0 0 180,000 180,000
Police 2,219,619 1,639,179 0 1,639,179
Total expenditures 2,219,619 1,639,179 180,000 1,819,179
Excess (deficiency) of
revenues over expenditures (498,524) 266,589 (166,194) 100,395
Other financing sources (uses)
Transfers in 306,000 6,000 0 6,000
Transfers out (180,000) (180,000) 180,000 0
Total other financing sources (uses)126,000 (174,000) 180,000 6,000
Net change in fund balance (372,524)92,589 13,806 106,395
Fund balance, July 1, 2018 2,382,777 2,382,777 (8,814) 2,373,963
Fund balance, June 30, 2019 2,010,253 2,475,366 4,992 2,480,358
Actual
97
December 9, 2019, Meeting - Item 2CCC Agenda - Page 141
City of Eugene, Oregon C-8
Road Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Licenses and permits 2,058,000 2,423,960 0 2,423,960
Intergovernmental 12,692,057 12,973,662 0 12,973,662
Rental income 103,000 181,916 0 181,916
Charges for services 347,500 273,824 0 273,824
Miscellaneous 183,800 448,426 23,340 471,766
Total revenues 15,384,357 16,301,788 23,340 16,325,128
Expenditures
Current - departmental:
Central services 0 0 985,000 985,000
Public works 15,215,394 12,838,032 (10,547) 12,827,485
Total expenditures 15,215,394 12,838,032 974,453 13,812,485
Excess (deficiency) of
revenues over expenditures 168,963 3,463,756 (951,113) 2,512,643
Other financing sources (uses)
Transfers out (3,230,000) (3,230,000) 985,000 (2,245,000)
Total other financing sources (uses)(3,230,000) (3,230,000) 985,000 (2,245,000)
Net change in fund balance (3,061,037) 233,756 33,887 267,643
Fund balance, July 1, 2018 4,246,860 4,246,860 1,025,021 5,271,881
Fund balance, June 30, 2019 1,185,823 4,480,616 1,058,908 5,539,524
Actual
98
December 9, 2019, Meeting - Item 2CCC Agenda - Page 142
City of Eugene, Oregon C-9
Solid Waste and Recycling Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Licenses and permits 983,000 1,017,268 0 1,017,268
Charges for services 0 137 0 137
Miscellaneous 12,000 26,373 5,600 31,973
Total revenues 995,000 1,043,778 5,600 1,049,378
Expenditures
Current - departmental:
Central services 0 0 108,000 108,000
Planning and development 1,147,169 816,870 7,500 824,370
Total expenditures 1,147,169 816,870 115,500 932,370
Excess (deficiency) of
revenues over expenditures (152,169) 226,908 (109,900) 117,008
Other financing sources (uses)
Transfers out (108,000) (108,000) 108,000 0
Total other financing sources (uses)(108,000) (108,000) 108,000 0
Net change in fund balance (260,169) 118,908 (1,900) 117,008
Fund balance, July 1, 2018 743,551 743,551 3,956 747,507
Fund balance, June 30, 2019 483,382 862,459 2,056 864,515
Actual
99
December 9, 2019, Meeting - Item 2CCC Agenda - Page 143
City of Eugene, Oregon C-10
Special Assessment Management Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Charges for services 47,000 45,730 0 45,730
Special assessments 0 0 3,086 3,086
Miscellaneous 17,040 34,166 8,105 42,271
Total revenues 64,040 79,896 11,191 91,087
Expenditures
Current - departmental:
Central services 104,728 95,508 9,000 104,508
Special payments 30,000 0 0 0
Total expenditures 134,728 95,508 9,000 104,508
Excess (deficiency) of
revenues over expenditures (70,688)(15,612)2,191 (13,421)
Other financing sources (uses)
Principal payments received 4,600 3,086 (3,086)0
Transfers in 30,000 0 0 0
Transfers out (9,000)(9,000)9,000 0
Total other financing sources (uses)25,600 (5,914)5,914 0
Net change in fund balance (45,088)(21,526)8,105 (13,421)
Fund balance, July 1, 2018 1,164,430 1,164,430 (5,403) 1,159,027
Fund balance, June 30, 2019 1,119,342 1,142,904 2,702 1,145,606
Actual
100
December 9, 2019, Meeting - Item 2CCC Agenda - Page 144
City of Eugene, Oregon C-11
Telecom Registration and Licensing Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Licenses and permits 2,800,000 2,620,146 0 2,620,146
Intergovernmental 1,854,522 16,057 0 16,057
Charges for services 0 27,000 0 27,000
Miscellaneous 60,000 124,927 40,659 165,586
Total revenues 4,714,522 2,788,130 40,659 2,828,789
Expenditures
Current - departmental:
Central services 7,001,165 2,383,133 32,469 2,415,602
Debt service 42,000 25,320 0 25,320
Special payments 120,000 120,000 (120,000)0
Total expenditures 7,163,165 2,528,453 (87,531) 2,440,922
Excess (deficiency) of
revenues over expenditures (2,448,643) 259,677 128,190 387,867
Other financing sources (uses)
Transfers out (476,000) (476,000)26,000 (450,000)
Total other financing sources (uses)(476,000) (476,000)26,000 (450,000)
Net change in fund balance (2,924,643) (216,323) 154,190 (62,133)
Fund balance, July 1, 2018 6,344,049 6,344,049 (1,205,929) 5,138,120
Fund balance, June 30, 2019 3,419,406 6,127,726 (1,051,739) 5,075,987
Actual
101
December 9, 2019, Meeting - Item 2CCC Agenda - Page 145
City of Eugene, Oregon C-12
Urban Renewal Agency General Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Intergovernmental 0 70,691 0 70,691
Charges for services 0 60,993 0 60,993
Repayment of revolving loans 0 0 116,447 116,447
Miscellaneous 82,000 97,986 16,528 114,514
Total revenues 82,000 229,670 132,975 362,645
Expenditures
Current - departmental:
Planning and development 3,077,248 981,332 500,000 1,481,332
Special payments 2,912,476 500,000 (500,000)0
Total expenditures 5,989,724 1,481,332 0 1,481,332
Excess (deficiency) of
revenues over expenditures (5,907,724) (1,251,662) 132,975 (1,118,687)
Other financing sources (uses)
Principal payments received 250,000 116,447 (116,447)0
Transfers in 3,077,248 976,275 0 976,275
Total other financing sources (uses)3,327,248 1,092,722 (116,447) 976,275
Net change in fund balance (2,580,476) (158,940)16,528 (142,412)
Fund balance, July 1, 2018 2,665,476 2,665,476 (12,684) 2,652,792
Fund balance, June 30, 2019 85,000 2,506,536 3,844 2,510,380
Actual
102
December 9, 2019, Meeting - Item 2CCC Agenda - Page 146
City of Eugene, Oregon C-13
Urban Renewal Agency Riverfront Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Taxes 2,375,000 2,328,047 0 2,328,047
Miscellaneous 50,000 96,321 20,167 116,488
Total revenues 2,425,000 2,424,368 20,167 2,444,535
Expenditures
Current - departmental:
Planning and development 1,113,663 568,701 0 568,701
Total expenditures 1,113,663 568,701 0 568,701
Excess (deficiency) of
revenues over expenditures 1,311,337 1,855,667 20,167 1,875,834
Other financing sources (uses)
Transfers out (3,700,000) (3,700,000)0 (3,700,000)
Total other financing sources (uses)(3,700,000) (3,700,000)0 (3,700,000)
Net change in fund balance (2,388,663) (1,844,333)20,167 (1,824,166)
Fund balance, July 1, 2018 3,382,097 3,382,097 (15,516) 3,366,581
Fund balance, June 30, 2019 993,434 1,537,764 4,651 1,542,415
Actual
103
December 9, 2019, Meeting - Item 2CCC Agenda - Page 147
City of Eugene, Oregon C-14
Urban Renewal Agency Riverfront Program Revenue Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Miscellaneous 48,000 67,766 22,460 90,226
Total revenues 48,000 67,766 22,460 90,226
Expenditures
Special payments 3,244,279 0 0 0
Total expenditures 3,244,279 0 0 0
Excess (deficiency) of
revenues over expenditures (3,196,279)67,766 22,460 90,226
Total other financing sources (uses)0000
Net change in fund balance (3,196,279)67,766 22,460 90,226
Fund balance, July 1, 2018 3,196,279 3,196,279 (14,775) 3,181,504
Fund balance, June 30, 2019 0 3,264,045 7,685 3,271,730
Actual
104
December 9, 2019, Meeting - Item 2CCC Agenda - Page 148
City of Eugene, Oregon D-1
Combining Balance Sheet
Nonmajor Debt Service Funds
June 30, 2019
(amounts in dollars)
Special Urban
General Assessment Renewal
Obligation Bond Agency Total
Assets
Equity in pooled cash and investments 369,432 77,416 3,568,554 4,015,402
Receivables:
Interest 109,249 0 19,041 128,290
Taxes 467,522 0 83,248 550,770
Assessments 0 115,787 0 115,787
Due from other governments 78,051 0 11,544 89,595
Assets held for resale 0 1,541 0 1,541
Total assets 1,024,254 194,744 3,682,387 4,901,385
Total liabilities 0000
Deferred inflows of resources
Unavailable revenue 576,771 117,329 102,289 796,389
Total deferred inflows of resources 576,771 117,329 102,289 796,389
Fund balances
Restricted 447,483 77,415 3,580,098 4,104,996
Total fund balances 447,483 77,415 3,580,098 4,104,996
Total liabilities, deferred inflows
of resources, and fund balances 1,024,254 194,744 3,682,387 4,901,385
105
December 9, 2019, Meeting - Item 2CCC Agenda - Page 149
City of Eugene, Oregon D-2
Combining Statement of Revenues, Expenditures,
and Changes in Fund Balances
Nonmajor Debt Service Funds
For the fiscal year ended June 30, 2019
(amounts in dollars)
Special Urban
General Assessment Renewal
Obligation Bond Agency Total
Revenues
Taxes 13,736,684 0 2,512,359 16,249,043
Special assessments 0 40,894 0 40,894
Miscellaneous 131,513 2,964 118,166 252,643
Total revenues 13,868,197 43,858 2,630,525 16,542,580
Expenditures
Debt service:
Principal 13,725,300 29,060 0 13,754,360
Interest 513,151 12,130 0 525,281
Total expenditures 14,238,451 41,190 0 14,279,641
Excess (deficiency) of
revenues over expenditures (370,254)2,668 2,630,525 2,262,939
Other financing sources (uses)
Transfers out 0 0 (1,876,275) (1,876,275)
Total other financing sources (uses)0 0 (1,876,275) (1,876,275)
Net change in fund balances (370,254)2,668 754,250 386,664
Fund balances, July 1, 2018 817,737 74,747 2,825,848 3,718,332
Fund balances, June 30, 2019 447,483 77,415 3,580,098 4,104,996
106
December 9, 2019, Meeting - Item 2CCC Agenda - Page 150
City of Eugene, Oregon D-3
General Obligation Debt Service Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Taxes 13,388,556 13,736,684 0 13,736,684
Miscellaneous 60,000 128,806 2,707 131,513
Total revenues 13,448,556 13,865,490 2,707 13,868,197
Expenditures
Debt service 14,268,132 14,238,451 0 14,238,451
Total expenditures 14,268,132 14,238,451 0 14,238,451
Excess (deficiency) of
revenues over expenditures (819,576) (372,961)2,707 (370,254)
Total other financing sources (uses)0000
Net change in fund balance (819,576) (372,961)2,707 (370,254)
Fund balance, July 1, 2018 819,576 819,576 (1,839) 817,737
Fund balance, June 30, 2019 0 446,615 868 447,483
Actual
107
December 9, 2019, Meeting - Item 2CCC Agenda - Page 151
City of Eugene, Oregon D-4
Special Assessment Bond Debt Service Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Special assessments 0 0 40,894 40,894
Miscellaneous 28,270 2,435 529 2,964
Total revenues 28,270 2,435 41,423 43,858
Expenditures
Debt service 225,000 41,190 0 41,190
Total expenditures 225,000 41,190 0 41,190
Excess (deficiency) of
revenues over expenditures (196,730)(38,755)41,423 2,668
Other financing sources (uses)
Principal payments received 200,160 40,894 (40,894)0
Transfers out (10,000)0 0 0
Total other financing sources (uses)190,160 40,894 (40,894)0
Net change in fund balance (6,570)2,139 529 2,668
Fund balance, July 1, 2018 75,094 75,094 (347)74,747
Fund balance, June 30, 2019 68,524 77,233 182 77,415
Actual
108
December 9, 2019, Meeting - Item 2CCC Agenda - Page 152
City of Eugene, Oregon D-5
Urban Renewal Agency Debt Service Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Taxes 2,256,000 2,512,359 0 2,512,359
Miscellaneous 48,000 94,568 23,598 118,166
Total revenues 2,304,000 2,606,927 23,598 2,630,525
Total expenditures 0000
Excess (deficiency) of
revenues over expenditures 2,304,000 2,606,927 23,598 2,630,525
Other financing sources (uses)
Transfers out (3,977,248) (1,876,275)0 (1,876,275)
Total other financing sources (uses)(3,977,248) (1,876,275)0 (1,876,275)
Net change in fund balance (1,673,248) 730,652 23,598 754,250
Fund balance, July 1, 2018 2,838,771 2,838,771 (12,923) 2,825,848
Fund balance, June 30, 2019 1,165,523 3,569,423 10,675 3,580,098
Actual
109
December 9, 2019, Meeting - Item 2CCC Agenda - Page 153
(this page intentionally left blank)
110
December 9, 2019, Meeting - Item 2CCC Agenda - Page 154
City of Eugene, Oregon E-1
Combining Balance Sheet
Nonmajor Capital Projects Funds
June 30, 2019
(amounts in dollars)
Urban
Urban Renewal
Special Renewal Agency
Assessment Transportation Agency Riverfront Total
Assets
Equity in pooled cash and investments 2,574,179 21,521,435 186,249 7,067,307 31,349,170
Receivables:
Assessments 43,957 0 0 0 43,957
Due from other governments 0 1,177,662 0 0 1,177,662
Assets held for resale 265 0 0 3,058,799 3,059,064
Total assets 2,618,401 22,699,097 186,249 10,126,106 35,629,853
Liabilities
Accounts payable 0 1,639,043 0 218,730 1,857,773
Due to other governments 0 26,520 0 6,804 33,324
Deposits 1,144,970 0 0 0 1,144,970
Unearned revenue 0 248,696 0 0 248,696
Total liabilities 1,144,970 1,914,259 0 225,534 3,284,763
Deferred inflows of resources
Unavailable revenue 44,223 0 0 0 44,223
Total deferred inflows of resources 44,223 0 0 0 44,223
Fund balances
Restricted 0 20,784,838 186,249 9,900,572 30,871,659
Committed 1,429,208 0 0 0 1,429,208
Total fund balances 1,429,208 20,784,838 186,249 9,900,572 32,300,867
Total liabilities, deferred inflows
of resources, and fund balances 2,618,401 22,699,097 186,249 10,126,106 35,629,853
111
December 9, 2019, Meeting - Item 2CCC Agenda - Page 155
City of Eugene, Oregon E-2
Combining Statement of Revenues, Expenditures,
and Changes in Fund Balances
Nonmajor Capital Projects Funds
For the fiscal year ended June 30, 2019
(amounts in dollars)
Urban
Urban Renewal
Special Renewal Agency
Assessment Transportation Agency Riverfront Total
Revenues
Taxes 0 3,156,006 0 0 3,156,006
Intergovernmental 0 10,046,426 0 0 10,046,426
Rental income 0 35,000 0 0 35,000
Charges for services 86,935 539,606 0 0 626,541
Special assessments 2,776 0 0 0 2,776
Miscellaneous 42,672 259,138 3,435 116,251 421,496
Total revenues 132,383 14,036,176 3,435 116,251 14,288,245
Expenditures
Debt service:
Issuance costs 0 24,085 0 0 24,085
Capital outlay 0 15,279,854 1,250,715 1,837,258 18,367,827
Total expenditures 0 15,303,939 1,250,715 1,837,258 18,391,912
Excess (deficiency) of
revenues over expenditures 132,383 (1,267,763) (1,247,280) (1,721,007) (4,103,667)
Other financing sources (uses)
Proceeds of debt issuance 0 11,240,300 0 0 11,240,300
Proceeds of sale of assets 0 0 0 3,048,674 3,048,674
Transfers in 0 2,261,250 900,000 3,700,000 6,861,250
Total other financing sources (uses)0 13,501,550 900,000 6,748,674 21,150,224
Net change in fund balances 132,383 12,233,787 (347,280) 5,027,667 17,046,557
Fund balances, July 1, 2018 1,296,825 8,551,051 533,529 4,872,905 15,254,310
Fund balances, June 30, 2019 1,429,208 20,784,838 186,249 9,900,572 32,300,867
112
December 9, 2019, Meeting - Item 2CCC Agenda - Page 156
City of Eugene, Oregon E-3
General Capital Projects Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Intergovernmental 0 255,926 0 255,926
Rental income 10,000 0 0 0
Charges for services 32,256 32,256 0 32,256
Miscellaneous 77,327 6,182,218 226,278 6,408,496
Total revenues 119,583 6,470,400 226,278 6,696,678
Expenditures
Current - departmental:
Library, recreation, and cultural services 20,000 5,198 0 5,198
Debt service 380,000 281,130 0 281,130
Capital outlay 35,072,627 7,205,477 0 7,205,477
Total expenditures 35,472,627 7,491,805 0 7,491,805
Excess (deficiency) of
revenues over expenditures (35,353,044) (1,021,405) 226,278 (795,127)
Other financing sources (uses)
Proceeds of debt issuance 12,000,000 31,128,667 0 31,128,667
Transfers in 4,709,300 4,709,300 0 4,709,300
Total other financing sources (uses)16,709,300 35,837,967 0 35,837,967
Net change in fund balance (18,643,744) 34,816,562 226,278 35,042,840
Fund balance, July 1, 2018 20,387,761 20,387,761 (95,457) 20,292,304
Fund balance, June 30, 2019 1,744,017 55,204,323 130,821 55,335,144
Actual
113
December 9, 2019, Meeting - Item 2CCC Agenda - Page 157
City of Eugene, Oregon E-4
Special Assessment Capital Projects Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Charges for services 0 86,935 0 86,935
Special assessments 0 0 2,776 2,776
Miscellaneous 35,300 25,413 17,259 42,672
Total revenues 35,300 112,348 20,035 132,383
Total expenditures 0000
Excess (deficiency) of
revenues over expenditures 35,300 112,348 20,035 132,383
Other financing sources (uses)
Principal payments received 3,200 2,776 (2,776)0
Transfers out (20,000)0 0 0
Total other financing sources (uses)(16,800)2,776 (2,776)0
Net change in fund balance 18,500 115,124 17,259 132,383
Fund balance, July 1, 2018 1,308,038 1,308,038 (11,213) 1,296,825
Fund balance, June 30, 2019 1,326,538 1,423,162 6,046 1,429,208
Actual
114
December 9, 2019, Meeting - Item 2CCC Agenda - Page 158
City of Eugene, Oregon E-5
Systems Development Capital Projects Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Intergovernmental 0 57,713 0 57,713
Rental income 97,740 66,721 0 66,721
Charges for services 4,917,780 8,815,201 0 8,815,201
Miscellaneous 330,819 763,066 232,509 995,575
Total revenues 5,346,339 9,702,701 232,509 9,935,210
Expenditures
Current - departmental:
Central services 0 0 58,000 58,000
Planning and development 166,511 150,044 0 150,044
Public works 506,821 318,125 0 318,125
Capital outlay 24,891,501 4,398,104 0 4,398,104
Total expenditures 25,564,833 4,866,273 58,000 4,924,273
Excess (deficiency) of
revenues over expenditures (20,218,494) 4,836,428 174,509 5,010,937
Other financing sources (uses)
Transfers out (139,605) (139,605)58,000 (81,605)
Total other financing sources (uses)(139,605) (139,605)58,000 (81,605)
Net change in fund balance (20,358,099) 4,696,823 232,509 4,929,332
Fund balance, July 1, 2018 31,544,353 31,544,353 (146,492) 31,397,861
Fund balance, June 30, 2019 11,186,254 36,241,176 86,017 36,327,193
Actual
115
December 9, 2019, Meeting - Item 2CCC Agenda - Page 159
City of Eugene, Oregon E-6
Transportation Capital Projects Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Taxes 3,000,000 3,156,006 0 3,156,006
Intergovernmental 24,721,803 10,046,426 0 10,046,426
Rental income 0 35,000 0 35,000
Charges for services 182,000 539,606 0 539,606
Miscellaneous 7,130,000 173,164 85,974 259,138
Total revenues 35,033,803 13,950,202 85,974 14,036,176
Expenditures
Current - departmental:
Debt service 30,000 24,085 0 24,085
Capital outlay 53,529,131 15,279,854 0 15,279,854
Total expenditures 53,559,131 15,303,939 0 15,303,939
Excess (deficiency) of
revenues over expenditures (18,525,328) (1,353,737)85,974 (1,267,763)
Other financing sources (uses)
Proceeds of debt issuance 9,229,503 11,240,300 0 11,240,300
Transfers in 2,261,250 2,261,250 0 2,261,250
Total other financing sources (uses)11,490,753 13,501,550 0 13,501,550
Net change in fund balance (7,034,575) 12,147,813 85,974 12,233,787
Fund balance, July 1, 2018 8,586,478 8,586,478 (35,427) 8,551,051
Fund balance, June 30, 2019 1,551,903 20,734,291 50,547 20,784,838
Actual
116
December 9, 2019, Meeting - Item 2CCC Agenda - Page 160
City of Eugene, Oregon E-7
Urban Renewal Agency Capital Projects Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Miscellaneous 5,000 521 2,914 3,435
Total revenues 5,000 521 2,914 3,435
Expenditures
Capital outlay 1,400,000 1,250,715 0 1,250,715
Total expenditures 1,400,000 1,250,715 0 1,250,715
Excess (deficiency) of
revenues over expenditures (1,395,000) (1,250,194)2,914 (1,247,280)
Other financing sources
Transfers in 900,000 900,000 0 900,000
Total other financing sources (uses)900,000 900,000 0 900,000
Net change in fund balance (495,000) (350,194)2,914 (347,280)
Fund balance, July 1, 2018 536,006 536,006 (2,477) 533,529
Fund balance, June 30, 2019 41,006 185,812 437 186,249
Actual
117
December 9, 2019, Meeting - Item 2CCC Agenda - Page 161
City of Eugene, Oregon E-8
Urban Renewal Agency Riverfront Capital Projects Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Miscellaneous 8,000 3,295,278 (3,179,027) 116,251
Total revenues 8,000 3,295,278 (3,179,027) 116,251
Expenditures
Capital outlay 4,774,413 1,837,258 0 1,837,258
Total expenditures 4,774,413 1,837,258 0 1,837,258
Excess (deficiency) of
revenues over expenditures (4,766,413) 1,458,020 (3,179,027) (1,721,007)
Other financing sources
Proceeds of sale of assets 0 0 3,048,674 3,048,674
Transfers in 3,700,000 3,700,000 0 3,700,000
Total other financing sources (uses)3,700,000 3,700,000 3,048,674 6,748,674
Net change in fund balance (1,066,413) 5,158,020 (130,353) 5,027,667
Fund balance, July 1, 2018 1,667,153 1,667,153 3,205,752 4,872,905
Fund balance, June 30, 2019 600,740 6,825,173 3,075,399 9,900,572
Actual
118
December 9, 2019, Meeting - Item 2CCC Agenda - Page 162
City of Eugene, Oregon F-1
Ambulance Transport Fund
Schedule of Revenues, Expenses, and Changes in Fund Net Position - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Intergovernmental 1,322,708 1,315,708 0 1,315,708
Charges for services 9,131,280 9,333,642 0 9,333,642
Miscellaneous 638,507 759,280 (8,503) 750,777
Total revenues 11,092,495 11,408,630 (8,503) 11,400,127
Expenses
Current - departmental:
Central services 0 0 786,000 786,000
Fire and emergency medical services 11,608,179 11,423,860 (158,266) 11,265,594
Debt service 0 0 116,785 116,785
Depreciation 0 0 181,459 181,459
Total expenses 11,608,179 11,423,860 925,978 12,349,838
Excess (deficiency) of
revenues over expenses (515,684)(15,230) (934,481) (949,711)
Other financing sources (uses)
Transfers in 1,432,100 1,432,100 83,545 1,515,645
Transfers out (1,189,673) (1,189,673) 786,000 (403,673)
Total other financing sources (uses)242,427 242,427 869,545 1,111,972
Change in net position (273,257) 227,197 (64,936) 162,261
Total net position, July 1, 2018 642,911 642,911 (6,889,059) (6,246,148)
Total net position, June 30, 2019 369,654 870,108 (6,953,995) (6,083,887)
Actual
119
December 9, 2019, Meeting - Item 2CCC Agenda - Page 163
City of Eugene, Oregon F-2
Municipal Airport Fund
Schedule of Revenues, Expenses, and Changes in Fund Net Position - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Licenses and permits 43,700 38,070 0 38,070
Intergovernmental 3,723,127 2,031,331 (1,998,482)32,849
Rental income 989,284 1,100,221 0 1,100,221
Charges for services 19,602,646 14,367,423 (2,288,397) 12,079,026
Fines and forfeits 3,200 15,240 0 15,240
Miscellaneous 20,000 282,479 78,410 360,889
Total revenues 24,381,957 17,834,764 (4,208,469) 13,626,295
Expenses
Current - departmental:
Central services 0 0 632,000 632,000
Fire and emergency medical services 1,235,585 1,195,230 119,493 1,314,723
Police 709,000 697,284 71,565 768,849
Public works 8,822,783 8,398,586 580,787 8,979,373
Debt service 0 0 104,668 104,668
Capital outlay 15,430,097 5,445,700 (5,445,700)0
Depreciation 0 0 5,563,099 5,563,099
Total expenses 26,197,465 15,736,800 1,625,912 17,362,712
Excess (deficiency) of
revenues over expenses (1,815,508) 2,097,964 (5,834,381) (3,736,417)
Other financing sources (uses)
Capital contributions 0 0 4,293,703 4,293,703
Transfers out (632,000) (632,000) (1,023,540) (1,655,540)
Total other financing sources (uses)(632,000) (632,000) 3,270,163 2,638,163
Change in net position (2,447,508) 1,465,964 (2,564,218) (1,098,254)
Total net position, July 1, 2018 13,465,167 13,465,167 84,498,725 97,963,892
Total net position, June 30, 2019 11,017,659 14,931,131 81,934,507 96,865,638
Actual
120
December 9, 2019, Meeting - Item 2CCC Agenda - Page 164
City of Eugene, Oregon F-3
Parking Services Fund
Schedule of Revenues, Expenses, and Changes in Fund Net Position - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Rental income 520,605 530,967 58,584 589,551
Charges for services 5,530,140 5,544,632 0 5,544,632
Fines and forfeits 1,351,500 1,059,185 0 1,059,185
Miscellaneous 185,000 153,858 13,696 167,554
Total revenues 7,587,245 7,288,642 72,280 7,360,922
Expenses
Current - departmental:
Central services 395,512 368,088 298,402 666,490
Planning and development 5,943,844 5,979,339 66,376 6,045,715
Public works 90,061 69,298 2,001 71,299
Capital outlay 2,097,389 1,312,498 (1,312,498)0
Debt service 26,250 7,913 26,127 34,040
Depreciation 0 0 636,015 636,015
Total expenses 8,553,056 7,737,136 (283,577) 7,453,559
Excess (deficiency) of
revenues over expenses (965,811) (448,494) 355,857 (92,637)
Other financing sources (uses)
Interfund loans 750,000 750,000 (750,000)0
Transfers out (1,119,350) (1,119,350) 281,000 (838,350)
Total other financing sources (uses)(369,350) (369,350) (469,000) (838,350)
Change in net position (1,335,161) (817,844) (113,143) (930,987)
Total net position, July 1, 2018 2,168,098 2,168,098 12,136,844 14,304,942
Total net position, June 30, 2019 832,937 1,350,254 12,023,701 13,373,955
Actual
121
December 9, 2019, Meeting - Item 2CCC Agenda - Page 165
City of Eugene, Oregon F-4
Stormwater Utility Fund
Schedule of Revenues, Expenses, and Changes in Fund Net Position - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Licenses and permits 155,000 274,488 0 274,488
Intergovernmental 1,065,229 302,625 (29,739) 272,886
Rental income 0 4,855 0 4,855
Charges for services 19,320,239 19,536,706 (250) 19,536,456
Miscellaneous 71,125 279,434 79,107 358,541
Total revenues 20,611,593 20,398,108 49,118 20,447,226
Expenses
Current - departmental:
Central services 0 0 1,081,000 1,081,000
Public works 16,958,058 15,087,389 2,155,678 17,243,067
Capital outlay 8,852,629 2,489,940 (2,489,940)0
Debt service 0 0 154,704 154,704
Depreciation 0 0 2,329,552 2,329,552
Special payments 15,000 250 (250)0
Total expenses 25,825,687 17,577,579 3,230,744 20,808,323
Excess (deficiency) of
revenues over expenses (5,214,094) 2,820,529 (3,181,626) (361,097)
Other financing sources (uses)
Capital contributions 0 0 1,695,539 1,695,539
Transfers out (1,390,645) (1,390,645) 1,006,270 (384,375)
Total other financing sources (uses)(1,390,645) (1,390,645) 2,701,809 1,311,164
Change in net position (6,604,739) 1,429,884 (479,817) 950,067
Total net position, July 1, 2018 12,700,011 12,700,011 58,929,387 71,629,398
Total net position, June 30, 2019 6,095,272 14,129,895 58,449,570 72,579,465
Actual
122
December 9, 2019, Meeting - Item 2CCC Agenda - Page 166
City of Eugene, Oregon F-5
Wastewater Utility Fund
Schedule of Revenues, Expenses, and Changes in Fund Net Position - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Licenses and permits 16,000 26,148 0 26,148
Intergovernmental 9,000 16,864 0 16,864
Rental income 0 6,132 0 6,132
Charges for services 56,359,416 53,951,661 (27,723,864) 26,227,797
Fines and forfeits 5,000 2,350 0 2,350
Miscellaneous 62,800 116,518 35,180 151,698
Total revenues 56,452,216 54,119,673 (27,688,684) 26,430,989
Expenses
Current - departmental:
Central services 0 0 1,730,000 1,730,000
Public works 25,318,226 22,523,173 1,003,171 23,526,344
Capital outlay 6,270,915 2,431,015 (2,431,015)0
Debt service 0 0 231,366 231,366
Depreciation 0 0 4,167,977 4,167,977
Special payments 27,845,000 27,723,864 (27,723,864)0
Total expenses 59,434,141 52,678,052 (23,022,365) 29,655,687
Excess (deficiency) of
revenues over expenses (2,981,925) 1,441,621 (4,666,319) (3,224,698)
Other financing sources (uses)
Capital contributions 0 0 1,056,422 1,056,422
Transfers in 0 0 22,871 22,871
Transfers out (1,865,000) (1,865,000) 1,728,686 (136,314)
Total other financing sources (uses)(1,865,000) (1,865,000) 2,807,979 942,979
Change in net position (4,846,925) (423,379) (1,858,340) (2,281,719)
Total net position, July 1, 2018 6,048,533 6,048,533 71,493,177 77,541,710
Total net position, June 30, 2019 1,201,608 5,625,154 69,634,837 75,259,991
Actual
123
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 168
City of Eugene, Oregon G-1
Combining Statement of Net Position
All Internal Service Funds
June 30, 2019
(amounts in dollars)Information
Facilities Fleet Systems and Professional Risk and
Assets Services Services Services Services Benefits Total
Current assets
Equity in pooled cash and investments 3,824,816 22,432,990 5,971,353 1,333,393 41,357,858 74,920,410
Receivables:
Accounts 0 14,165 0 38,580 302,115 354,860
Allowance for uncollectibles 0 (5,434)0 (768) (2,744) (8,946)
Due from other governments 1,373 94,979 164,526 62,935 152,671 476,484
Interfund loans receivable 150,000 120,000 0 0 0 270,000
Prepaids and deposits 0 0 271,421 0 0 271,421
Total current assets 3,976,189 22,656,700 6,407,300 1,434,140 41,809,900 76,284,229
Noncurrent assets
Advances to other funds 600,000 960,000 0 0 0 1,560,000
Capital assets:
Land 0 455,834 0 0 0 455,834
Improvements other than buildings 0 51,913 0 0 0 51,913
Buildings and equipment 5,438,960 58,009,236 1,110,983 374,644 114,086 65,047,909
Intangibles 0 0 9,302,708 0 0 9,302,708
Construction in progress 55,411 000055,411
Accumulated depreciation (2,172,260) (37,816,903) (2,752,794) (309,202) (29,437) (43,080,596)
Total noncurrent assets 3,922,111 21,660,080 7,660,897 65,442 84,649 33,393,179
Deferred outflows of resources
Related to pensions 1,594,655 972,992 756,014 1,988,522 759,114 6,071,297
Related to OPEB 83,918 47,845 47,739 70,708 25,867 276,077
Total deferred outflows of resources 1,678,573 1,020,837 803,753 2,059,230 784,981 6,347,374
Total assets and deferred outflows of resources 9,576,873 45,337,617 14,871,950 3,558,812 42,679,530 116,024,782
Liabilities
Current liabilities
Accounts payable 45,475 219,969 88,834 15,070 50,299 419,647
Wages payable 257,357 169,233 172,581 325,242 155,863 1,080,276
Compensated absences payable 224,650 176,853 150,153 293,415 117,199 962,270
Due to other governments 182,250 42,288 1,142 3,971 0 229,651
Claims payable 000014,575,865 14,575,865
Deposits 2,380 0 0 0 100,025 102,405
Interest payable 6,605 3,905 3,130 7,055 27,385 48,080
Bonds payable 72,060 42,492 34,302 76,722 321,767 547,343
Total current liabilities 790,777 654,740 450,142 721,475 15,348,403 17,965,537
Noncurrent liabilities
Compensated absences payable 1,069 12,389 12,031 30,345 42,724 98,558
Bonds payable (net of unamortized discount/premium) 1,114,558 657,218 530,543 1,186,667 4,976,764 8,465,750
Net pension liability 4,477,835 2,747,773 2,294,546 5,304,616 1,977,494 16,802,264
Net OPEB liability 501,680 277,163 283,731 400,260 4,288,703 5,751,537
Total noncurrent liabilities 6,095,142 3,694,543 3,120,851 6,921,888 11,285,685 31,118,109
Deferred inflows of resources
Related to pensions 313,840 181,367 181,856 336,716 128,695 1,142,474
Related to OPEB 10,812 6,238 6,370 10,802 3,925 38,147
Total deferred inflows of resources 324,652 187,605 188,226 347,518 132,620 1,180,621
Total liabilities and deferred inflows of resources 7,210,571 4,536,888 3,759,219 7,990,881 26,766,708 50,264,267
Net position
Net investment in capital assets 3,322,111 20,700,080 7,660,897 65,442 84,649 31,833,179
Unrestricted (955,809) 20,100,649 3,451,834 (4,497,511) 15,828,173 33,927,336
Total net position 2,366,302 40,800,729 11,112,731 (4,432,069) 15,912,822 65,760,515
125
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 170
City of Eugene, Oregon G-2
Combining Statement of Revenues, Expenses,
and Changes in Fund Net Position
All Internal Service Funds
For the fiscal year ended June 30, 2019
(amounts in dollars)
Information
Facilities Fleet Systems and Professional Risk and
Services Services Services Services Benefits Total
Operating revenues
Rental income 682,449 47,672 0 0 0 730,121
Charges for services 10,164,405 10,029,185 7,919,737 6,943,949 38,132,263 73,189,539
Miscellaneous 1,277 64,985 58 0 149,218 215,538
Total operating revenues 10,848,131 10,141,842 7,919,795 6,943,949 38,281,481 74,135,198
Operating expenses
Personnel services 4,572,062 2,663,152 2,642,524 4,904,081 1,783,873 16,565,692
Contractual services 1,028,793 892,790 2,140,484 102,930 2,056,856 6,221,853
Materials and supplies 741,125 2,854,358 2,007,961 218,696 329,764 6,151,904
Maintenance 766,487 654,114 430,623 212,831 124,738 2,188,793
Utilities 2,285,142 4,855 167,345 36,129 13,179 2,506,650
Rent 42,650 1,028 80,967 177,134 132,436 434,215
Insurance 42,453 435,957 12,557 26,273 2,661,318 3,178,558
Claims 000028,731,447 28,731,447
Central business functions 507,000 380,000 364,000 684,000 236,000 2,171,000
Depreciation 139,079 3,419,136 1,555,159 33,901 16,955 5,164,230
Pension expense 901,649 515,321 538,300 941,266 360,436 3,256,972
Total operating expenses 11,026,440 11,820,711 9,939,920 7,337,241 36,447,002 76,571,314
Operating income (loss)(178,309) (1,678,869) (2,020,125) (393,292) 1,834,479 (2,436,116)
Nonoperating revenues (expenses)
Interest revenue 119,156 620,997 194,878 28,462 1,100,150 2,063,643
Interest expense (86,503) (51,563) (40,608) (92,989) (393,558) (665,221)
Gain (loss) on sale of assets 0 132,813 0 0 0 132,813
Intergovernmental 1,373 187,651 0 0 173,228 362,252
Total nonoperating revenues (expenses) 34,026 889,898 154,270 (64,527) 879,820 1,893,487
Income (loss) before capital
contributions and transfers (144,283) (788,971) (1,865,855) (457,819) 2,714,299 (542,629)
Capital contributions 0 636,256 15,713 0 0 651,969
Transfers in 0 3,721,010 0 0 0 3,721,010
Transfers out 0 (1,314) 0 0 (4,925) (6,239)
Change in net position (144,283) 3,566,981 (1,850,142) (457,819) 2,709,374 3,824,111
Total net position, July 1, 2018 2,510,585 37,233,748 12,962,873 (3,974,250) 13,203,448 61,936,404
Total net position, June 30, 2019 2,366,302 40,800,729 11,112,731 (4,432,069) 15,912,822 65,760,515
127
December 9, 2019, Meeting - Item 2CCC Agenda - Page 171
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 172
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129
December 9, 2019, Meeting - Item 2CCC Agenda - Page 173
City of Eugene, Oregon G-4
Facilities Services Fund
Schedule of Revenues, Expenses, and Changes in Fund Net Position - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Intergovernmental 0 1,373 0 1,373
Rental income 588,600 632,379 50,070 682,449
Charges for services 10,502,397 10,164,405 0 10,164,405
Miscellaneous 32,050 91,385 29,049 120,434
Total revenues 11,123,047 10,889,542 79,119 10,968,661
Expenses
Current - departmental:
Central services 10,248,899 9,658,142 763,483 10,421,625
Planning and development 483,904 421,347 44,390 465,737
Debt service 0 0 86,503 86,503
Capital outlay 750,406 100,944 (100,944)0
Depreciation 0 0 139,079 139,079
Special payments 750,000 750,000 (750,000)0
Total expenses 12,233,209 10,930,433 182,511 11,112,944
Excess (deficiency) of
revenues over expenses (1,110,162)(40,891) (103,392) (144,283)
Other financing sources (uses)
Transfers out (507,000) (507,000) 507,000 0
Total other financing sources (uses)(507,000) (507,000) 507,000 0
Change in net position (1,617,162) (547,891) 403,608 (144,283)
Total net position, July 1, 2018 3,877,617 3,877,617 (1,367,032) 2,510,585
Total net position, June 30, 2019 2,260,455 3,329,726 (963,424) 2,366,302
Actual
130
December 9, 2019, Meeting - Item 2CCC Agenda - Page 174
City of Eugene, Oregon G-5
Fleet Services Fund
Schedule of Revenues, Expenses, and Changes in Fund Net Position - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Intergovernmental 0 187,651 0 187,651
Rental income 25,000 47,672 0 47,672
Charges for services 9,674,286 9,747,832 281,353 10,029,185
Miscellaneous 855,000 673,347 12,635 685,982
Total revenues 10,554,286 10,656,502 293,988 10,950,490
Expenses
Current - departmental:
Central services 0 0 380,000 380,000
Public works 17,756,757 10,308,504 (2,286,928) 8,021,576
Debt service 0 0 51,563 51,563
Depreciation 0 0 3,419,136 3,419,136
Total expenses 17,756,757 10,308,504 1,563,771 11,872,275
Excess (deficiency) of
revenues over expenses (7,202,471) 347,998 (1,269,783) (921,785)
Other financing sources (uses)
Capital contributions 0 0 636,256 636,256
Interfund loans 120,000 120,000 (120,000)0
Gain on sale of assets 0 0 132,813 132,813
Transfers in 2,010,000 2,010,000 1,711,011 3,721,011
Transfers out (380,000) (380,000) 378,686 (1,314)
Total other financing sources (uses)1,750,000 1,750,000 2,738,766 4,488,766
Change in net position (5,452,471) 2,097,998 1,468,983 3,566,981
Total net position, July 1, 2018 19,954,688 19,954,688 17,279,060 37,233,748
Total net position, June 30, 2019 14,502,217 22,052,686 18,748,043 40,800,729
Actual
131
December 9, 2019, Meeting - Item 2CCC Agenda - Page 175
City of Eugene, Oregon G-6
Information Systems and Services Fund
Schedule of Revenues, Expenses, and Changes in Fund Net Position - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Charges for services 7,568,501 7,919,737 0 7,919,737
Miscellaneous 5,000 140,320 54,616 194,936
Total revenues 7,573,501 8,060,057 54,616 8,114,673
Expenses
Current - departmental:
Central services 11,590,679 9,964,454 (1,579,693) 8,384,761
Debt service 0 0 40,608 40,608
Depreciation 0 0 1,555,159 1,555,159
Total expenses 11,590,679 9,964,454 16,074 9,980,528
Excess (deficiency) of
revenues over expenses (4,017,178) (1,904,397)38,542 (1,865,855)
Other financing sources (uses)
Capital contributions 0 0 15,713 15,713
Transfers out (364,000) (364,000) 364,000 0
Total other financing sources (uses)(364,000) (364,000) 379,713 15,713
Change in net position (4,381,178) (2,268,397) 418,255 (1,850,142)
Total net position, July 1, 2018 8,127,747 8,127,747 4,835,126 12,962,873
Total net position, June 30, 2019 3,746,569 5,859,350 5,253,381 11,112,731
Actual
132
December 9, 2019, Meeting - Item 2CCC Agenda - Page 176
City of Eugene, Oregon G-7
Professional Services Fund
Schedule of Revenues, Expenses, and Changes in Fund Net Position - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Charges for services 7,680,586 6,943,950 0 6,943,950
Miscellaneous 14,000 20,475 7,986 28,461
Total revenues 7,694,586 6,964,425 7,986 6,972,411
Expenses
Current - departmental:
Central services 0 0 684,000 684,000
Public works 6,997,126 6,253,455 365,885 6,619,340
Debt service 0 0 92,989 92,989
Depreciation 0 0 33,901 33,901
Total expenses 6,997,126 6,253,455 1,176,775 7,430,230
Excess (deficiency) of
revenues over expenses 697,460 710,970 (1,168,789) (457,819)
Other financing sources (uses)
Transfers out (684,000) (684,000) 684,000 0
Total other financing sources (uses)(684,000) (684,000) 684,000 0
Change in net position 13,460 26,970 (484,789) (457,819)
Total net position, July 1, 2018 1,059,767 1,059,767 (5,034,017) (3,974,250)
Total net position, June 30, 2019 1,073,227 1,086,737 (5,518,806) (4,432,069)
Actual
133
December 9, 2019, Meeting - Item 2CCC Agenda - Page 177
City of Eugene, Oregon G-8
Risk and Benefits Fund
Schedule of Revenues, Expenses, and Changes in Fund Net Position - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Budget basis Adjustment basis
Revenues
Intergovernmental 220,000 332,854 (159,626) 173,228
Charges for services 44,345,716 45,622,076 (7,489,813) 38,132,263
Miscellaneous 412,160 1,528,889 (279,519) 1,249,370
Total revenues 44,977,876 47,483,819 (7,928,958) 39,554,861
Expenses
Current - departmental:
Central services 39,337,581 37,805,259 (1,375,211) 36,430,048
Debt service 6,999,400 6,999,373 (6,605,814) 393,559
Depreciation 0 0 16,955 16,955
Total expenses 46,336,981 44,804,632 (7,964,070) 36,840,562
Excess (deficiency) of
revenues over expenses (1,359,105) 2,679,187 35,112 2,714,299
Other financing sources (uses)
Transfers out (236,000) (236,000) 231,075 (4,925)
Total other financing sources (uses)(236,000) (236,000) 231,075 (4,925)
Change in net position (1,595,105) 2,443,187 266,187 2,709,374
Total net position, July 1, 2018 20,504,978 20,504,978 (7,301,530) 13,203,448
Total net position, June 30, 2019 18,909,873 22,948,165 (7,035,343) 15,912,822
Actual
134
December 9, 2019, Meeting - Item 2CCC Agenda - Page 178
(this page intentionally left blank)
135
December 9, 2019, Meeting - Item 2CCC Agenda - Page 179
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136
December 9, 2019, Meeting - Item 2CCC Agenda - Page 180
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 181
(this page intentionally left blank)
138
December 9, 2019, Meeting - Item 2CCC Agenda - Page 182
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 183
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140
December 9, 2019, Meeting - Item 2CCC Agenda - Page 184
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141
December 9, 2019, Meeting - Item 2CCC Agenda - Page 185
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142
December 9, 2019, Meeting - Item 2CCC Agenda - Page 186
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 187
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 188
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 189
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148
December 9, 2019, Meeting - Item 2CCC Agenda - Page 192
City of Eugene, Oregon I-8
Ten Principal Property Taxpayers
Current year and nine years ago - unaudited
(amounts in dollars)
Percentage Percentage
Total of total Total of total
Total assessed assessed Total assessed assessed
Taxpayer taxes paid value value taxes paid value value
Valley River Center 2,052,034 118,256,977 0.77% 1,844,078 99,460,548 0.87%
Century Link (formerly QWEST Corp.) 1,475,808 86,654,000 0.57% 988,182 59,544,400 0.52%
Comcast Corporation 1,452,097 85,182,500 0.56% 1,639,582 98,140,500 0.86%
Verizon Communications 1,447,613 86,192,000 0.56% 807,226 46,613,500 0.41%
Shepard Investment Group LLC 1,273,770 70,401,259 0.46%- - -
McKay Investment Company LLC 1,208,087 65,106,378 0.42% 872,881 48,079,548 0.00
Weyerhaeuser NR Company 936,685 55,991,363 0.37%- - -
Chase Village LLC 812,102 42,801,284 0.28% 601,129 32,421,941 0.28%
Northwest Natural Gas Company 741,768 43,690,000 0.28% 866,697 51,793,900 0.45%
ACC OP LLC Garden Avenue 718,430 37,822,341 0.25%- - -
Peacehealth - -- 617,163 158,087,842 1.38%
Hynix Semiconductor MFG Amercia Inc. - -- 9,721,008 258,542,806 2.25%
Molecular Probes, Inc.- -- 688,373 38,586,997 0.34%
Subtotal 12,118,394 692,098,102 4.52% 18,646,319 891,271,982 7.78%
All other taxpayers 14,644,168,184 95.48%10,575,215,782 92.22%
Total taxpayers 15,336,266,286 100.00%11,466,487,764 100.00%
Notes
a) Total assessed value does not include exemptions.
Data source
Lane County Department of Assessment and Taxation
City of Eugene Finance Division
FY 2019 FY 2010
149
December 9, 2019, Meeting - Item 2CCC Agenda - Page 193
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151
December 9, 2019, Meeting - Item 2CCC Agenda - Page 195
City of Eugene, Oregon I-11
Direct and Overlapping Governmental Activities Debt
As of June 30, 2019 - unaudited
(amounts in dollars)
Percentage City's share
Debt applicable of overlapping
Governmental unit outstanding to the City debt
City of Eugene (direct debt)91,896,056 100.00%91,896,056
Total direct debt 91,896,056
Lane Community College 49,898,947 46.73%27,534,966
Lane County 34,137,019 47.46%10,089,953
Lane Education Service District 2,917,869 47.52%2,917,869
School District 4J 353,951,543 79.53% 353,951,543
School District 52 39,406,110 77.02%39,406,110
School District 69 1,186,053 4.35%1,186,053
River Road Park & Recreation District 552 0.07%342
Total overlapping debt 435,086,836
Total direct and overlapping debt 526,982,892
Data source
Oregon State Treasury Debt Management Information System. The system collects data on new public entity debt
issuances. The data from the system is used to create overlapping debt reports.
City of Eugene Finance Division
152
December 9, 2019, Meeting - Item 2CCC Agenda - Page 196
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153
December 9, 2019, Meeting - Item 2CCC Agenda - Page 197
City of Eugene, Oregon I-13
Demographic and Economic Statistics
Last ten fiscal years - unaudited
City of Eugene Lane County
Personal
Unemployment income Per capita
Fiscal year Population rate Population (thousands)income
2010 157,100 10.80%347,690 11,709,176 33,277
2011 157,845 9.60%348,550 12,214,306 34,561
2012 157,010 9.10%353,155 12,742,734 35,941
2013 158,335 8.20%354,200 13,047,961 36,630
2014 159,580 6.70%356,125 13,392,647 37,374
2015 160,775 6.50%358,805 14,468,971 39,871
2016 163,400 4.70%362,150 15,160,278 41,027
2017 165,885 4.30%365,940 16,275,162 43,430
2018 167,780 4.10%370,600 16,095,158 43,430
2019 169,695 4.20%375,120 16,291,462 43,430
Notes
a) Personal income information is not available for the City.
b) The 2018 and 2019 per capita income was not available and has been estimated to be the same as 2017.
c) Population is certified as of July 1 of each fiscal year by Portland State University Population Research Center.
d) Unemployment rates presented are 12-month averages from July to June for each respective fiscal year.
Data source
City of Eugene Information:
Population: Portland State University’s Center for Population Research and Census
Unemployment rate: Bureau of Labor Statistics, U.S. Department of Labor
Lane County Information:
Bureau of Economic Analysis, U.S. Department of Commerce
Lane County Financial Services
154
December 9, 2019, Meeting - Item 2CCC Agenda - Page 198
City of Eugene, Oregon I-14
Ten Principal Employers
Current year and nine years ago - unaudited
FY 2019 FY 2010
Percentage Percentage
of total of total
Employer Employees employment Employees employment
PeaceHealth Medical Group 5,855 3.40%4,893 3.07%
University of Oregon 5,573 3.23%4,038 2.54%
Eugene School District 4J 2,283 1.32%2,794 1.76%
US Government 1,747 1.01%1,777 1.12%
Lane Community College 1,500 0.87%1,118 0.70%
Lane County 1,678 0.97%2,000 1.26%
City of Eugene 1,531 0.89%1,404 0.88%
State of Oregon 1,715 0.99%2,205 1.39%
Springfield School District 1,670 0.97%1,500 0.94%
McKenzie-Willamette Medical Center 1,066 0.62%- -
Walmart - - 1,100 0.69%
Total 24,618 14.28%22,829 14.34%
Notes
a) There is no comprehensive source available to obtain this data. Therefore, prior year information may not be consistent
with current data.
b) Percent of employment is as of January 1st of each year.
Data source
Bureau of Labor Statistics
City of Eugene Finance Division
Eugene Chamber of Commerce
155
December 9, 2019, Meeting - Item 2CCC Agenda - Page 199
City of Eugene, Oregon I-15
City Government Employees by Function/Program
Last ten fiscal years - unaudited
Function/Program
Library,
Fire and recreation,
emergency and Planning
Central medical cultural and Public
Fiscal year services services services development Police works Total
2010 217 204 181 98 306 398 1,404
2011 210 200 180 94 300 396 1,380
2012 212 199 174 93 305 395 1,378
2013 201 197 166 93 299 391 1,347
2014 202 202 167 86 299 407 1,363
2015 204 198 167 92 300 408 1,369
2016 210 198 171 98 306 411 1,394
2017 216 202 186 97 307 409 1,417
2018 235 215 184 102 301 404 1,441
2019 236 226 192 115 331 431 1,531
Notes
a) Number of employees is provided per Full-Time Equivalent (FTE) for full-time and part-time regular employees
that are in an active status as of the last day of the fiscal year.
Data source
City of Eugene Finance Division
156
December 9, 2019, Meeting - Item 2CCC Agenda - Page 200
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 201
City of Eugene, Oregon I-17
Capital Asset Statistics by Function/Program
Last ten fiscal years - unaudited
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Function/Program
Fire and emergency medical services:
Ambulances 10 10 10 10 10 10 10 10 13 10
Fire stations 11 11 11 11 11 11 11 11 11 11
Fire apparatus 29 29 29 29 29 29 29 29 29 24
Library, recreation, and cultural services:
Amphitheatre 1111111111
Performing arts center 1111111111
Community centers 8888888888
9-hole golf course 1111111111
Indoor/outdoor pool 3333333333
Police:
Patrol vehicles 42 43 43 43 52 52 52 52 53 53
Public works:
Jogging and hiking trails (miles)28 28 28 38 39 44 47 48 48 44
On/off street biking trails (miles) 157 157 159 159 159 304 248 245 245 264
Park acreage 3,671 3,987 4,283 4,506 4,576 4,677 4,800 4,800 4,800 4,800
Streets maintained (miles)533 533 533 533 540 538 543 547 547 550
Alleys (miles)42 42 43 43 43 43 43 43 43 43
Sidewalks (miles)738 772 772 791 791 792 756 767 767 770
Drainage Lines (miles)601 601 601 601 601 601 601 601 601 601
Wastewater collection lines (miles) 815 811 812 821 821 821 821 842 842 842
a) Beginning in FY15, bike lanes are being calculated based on lane miles as opposed to centerline miles.
b) Prior to FY16 the sidewalk and biking trails included the Urban Growth Boundary; starting with FY16 these are within City Limits.
Data source
Individual City Departments
Fiscal Year
158
December 9, 2019, Meeting - Item 2CCC Agenda - Page 202
AUDIT COMMENTS
(Comments and Disclosures Required by State Regulators)
_________
Oregon Administrative Rules 162-10-000 through 162-10-320, 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 financial statements and schedules are set forth in preceding sections of this report. Required
comments and disclosures related to the audit of such statements and schedules are set forth following.
159
December 9, 2019, Meeting - Item 2CCC Agenda - Page 203
(this page intentionally left blank)
160
December 9, 2019, Meeting - Item 2CCC Agenda - Page 204
INDEPENDENT AUDITOR’S REPORT
REQUIRED BY OREGON STATE REGULATIONS
To the Honorable Mayor, Members of the
City Council and the City Manager
City of Eugene, Oregon
We have audited the basic financial statements of City of Eugene, Oregon as of and for the year ended
June 30, 2019, and have issued our report thereon dated November 8, 2019. We conducted our audit in
accordance with auditing standards generally accepted in the United States of America and Government
Auditing Standards.
Compliance
As part of obtaining reasonable assurance about whether City of Eugene’s basic financial statements are
free of material misstatement, we performed tests of its compliance with certain provisions of laws,
regulations, contracts and grants including provisions of Oregon Revised Statutes as specified in Oregon
Administrative Rules 162‐10‐000 to 162‐10‐320 of the Minimum Standards for Audits of Oregon Municipal
Corporations, noncompliance with which could have a direct and material effect on the determination of
financial statements amounts. However, providing an opinion on compliance with those provisions was
not an objective of our audit, and accordingly, we do not express such an opinion.
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:
Deposit of public funds with financial institutions (ORS Chapter 295).
Indebtedness limitations, restrictions and repayment.
Budgets legally required (ORS Chapter 294).
Insurance and fidelity bonds in force or required by law.
Programs funded from outside sources.
Highway revenues used for public highways, roads, and streets.
Authorized investment of surplus funds (ORS Chapter 294).
Public contracts and purchasing (ORS Chapters 279A, 279B, 279C).
In connection with our testing nothing came to our attention that caused us to believe the City of Eugene
was not in substantial compliance with certain provisions of laws, regulations, contracts, and grants,
including the provisions of Oregon Revised Statutes as specified in Oregon Administrative Rules 162‐10‐
000 through 162‐10‐320 of the Minimum Standards for Audits of Oregon Municipal Corporations except
as follows:
1. Deficit net position are described in Note (3) (B) to the financial statements, Stewardship,
Compliance, and Accountability – Deficit Net Position.
2. Over‐expenditures of appropriations are described in Note (3) (C) to the financial
statements, Stewardship, Compliance, and Accountability – Over‐expenditures of
appropriations.
RSM US Alliance member firms are separate and independent businesses and legal entities that are responsible for their own
acts and omissions, and each are separate and independent from RSM US LLP. RSM US LLP is the U.S. member firm of RSM
International, a global network of independent audit, tax, and consulting firms. Members of RSM US Alliance have access to
RSM International resources through RSM US LLP but are not member firms of RSM International.161
December 9, 2019, Meeting - Item 2CCC Agenda - Page 205
OAR 162‐10‐0230 Internal Control
In planning and performing our audit, we considered the City of Eugene’s internal control over financial
reporting (internal control) as a basis for designing our auditing procedures for the purpose of expressing
our opinion on the financial statements, but not for the purpose of expressing an opinion on the
effectiveness of City of Eugene’s internal control. Accordingly, we do not express an opinion on the
effectiveness of City of Eugene’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 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 may exist that have not been identified.
This report is intended solely for the information and use of the Honorable Mayor, members of the City
Council, the City Manager, management of the City of Eugene and the Oregon Secretary of State and is
not intended to be and should not be used by anyone other than those specified parties.
ISLER CPA
By: Paul Nielson, CPA, a member of the firm
Eugene, Oregon
November 8, 2019
162
December 9, 2019, Meeting - Item 2CCC Agenda - Page 206
Government Auditing Standards Report
163
December 9, 2019, Meeting - Item 2CCC Agenda - Page 207
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164
December 9, 2019, Meeting - Item 2CCC Agenda - Page 208
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ŝƚLJŽĨ ƵŐĞŶĞ͕KƌĞŐŽŶ
tĞŚĂǀĞĂƵĚŝƚĞĚ͕ŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚƚŚĞĂƵĚŝƚŝŶŐƐƚĂŶĚĂƌĚƐŐĞŶĞƌĂůůLJĂĐĐĞƉƚĞĚŝŶƚŚĞhŶŝƚĞĚ^ƚĂƚĞƐŽĨ
ŵĞƌŝĐĂĂŶĚƚŚĞƐƚĂŶĚĂƌĚƐĂƉƉůŝĐĂďůĞƚŽĨŝŶĂŶĐŝĂůĂƵĚŝƚƐĐŽŶƚĂŝŶĞĚŝŶ'ŽǀĞƌŶŵĞŶƚƵĚŝƚŝŶŐ^ƚĂŶĚĂƌĚƐ
ŝƐƐƵĞĚďLJƚŚĞŽŵƉƚƌŽůůĞƌ'ĞŶĞƌĂůŽĨƚŚĞhŶŝƚĞĚ^ƚĂƚĞƐ͕ƚŚĞĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐŽĨƚŚĞŐŽǀĞƌŶŵĞŶƚĂů
ĂĐƚŝǀŝƚŝĞƐ͕ƚŚĞďƵƐŝŶĞƐƐͲƚLJƉĞĂĐƚŝǀŝƚŝĞƐ͕ĞĂĐŚŵĂũŽƌĨƵŶĚ͕ĂŶĚƚŚĞĂŐŐƌĞŐĂƚĞƌĞŵĂŝŶŝŶŐĨƵŶĚŝŶĨŽƌŵĂƚŝŽŶŽĨ
ƚŚĞŝƚLJŽĨ ƵŐĞŶĞ͕KƌĞŐŽŶ;͞ƚŚĞŝƚLJ͟ͿĂƐŽĨĂŶĚĨŽƌƚŚĞLJĞĂƌĞŶĚĞĚ:ƵŶĞϯϬ͕ϮϬϭϵ͕ĂŶĚƚŚĞƌĞůĂƚĞĚŶŽƚĞƐ
ƚŽƚŚĞĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐ͕ǁŚŝĐŚĐŽůůĞĐƚŝǀĞůLJĐŽŵƉƌŝƐĞƚŚĞŝƚLJ͛ƐďĂƐŝĐĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐ͕ĂŶĚŚĂǀĞ
ŝƐƐƵĞĚŽƵƌƌĞƉŽƌƚƚŚĞƌĞŽŶĚĂƚĞĚEŽǀĞŵďĞƌϴ͕ϮϬϭϵ͘
/ŶƚĞƌŶĂůŽŶƚƌŽůKǀĞƌ&ŝŶĂŶĐŝĂůZĞƉŽƌƚŝŶŐ
/ŶƉůĂŶŶŝŶŐĂŶĚƉĞƌĨŽƌŵŝŶŐŽƵƌĂƵĚŝƚŽĨƚŚĞĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐ͕ǁĞĐŽŶƐŝĚĞƌĞĚƚŚĞŝƚLJ͛ƐŝŶƚĞƌŶĂůĐŽŶƚƌŽů
ŽǀĞƌĨŝŶĂŶĐŝĂůƌĞƉŽƌƚŝŶŐ;ŝŶƚĞƌŶĂůĐŽŶƚƌŽůͿƚŽĚĞƚĞƌŵŝŶĞƚŚĞĂƵĚŝƚƉƌŽĐĞĚƵƌĞƐƚŚĂƚĂƌĞĂƉƉƌŽƉƌŝĂƚĞŝŶƚŚĞ
ĐŝƌĐƵŵƐƚĂŶĐĞƐĨŽƌƚŚĞƉƵƌƉŽƐĞŽĨĞdžƉƌĞƐƐŝŶŐŽƵƌŽƉŝŶŝŽŶƐŽŶƚŚĞĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐ͕ďƵƚŶŽƚĨŽƌƚŚĞ
ƉƵƌƉŽƐĞŽĨĞdžƉƌĞƐƐŝŶŐĂŶŽƉŝŶŝŽŶŽŶƚŚĞĞĨĨĞĐƚŝǀĞŶĞƐƐŽĨƚŚĞŝƚLJ͛ƐŝŶƚĞƌŶĂůĐŽŶƚƌŽů͘ĐĐŽƌĚŝŶŐůLJ͕ǁĞĚŽ
ŶŽƚĞdžƉƌĞƐƐĂŶŽƉŝŶŝŽŶŽŶƚŚĞĞĨĨĞĐƚŝǀĞŶĞƐƐŽĨƚŚĞŝƚLJ͛ƐŝŶƚĞƌŶĂůĐŽŶƚƌŽů͘
ĚĞĨŝĐŝĞŶĐLJ ŝŶ ŝŶƚĞƌŶĂů ĐŽŶƚƌŽůĞdžŝƐƚƐ ǁŚĞŶ ƚŚĞ ĚĞƐŝŐŶ Žƌ ŽƉĞƌĂƚŝŽŶ ŽĨ Ă ĐŽŶƚƌŽů ĚŽĞƐ ŶŽƚ ĂůůŽǁ
ŵĂŶĂŐĞŵĞŶƚŽƌĞŵƉůŽLJĞĞƐ͕ŝŶƚŚĞŶŽƌŵĂůĐŽƵƌƐĞŽĨƉĞƌĨŽƌŵŝŶŐƚŚĞŝƌĂƐƐŝŐŶĞĚĨƵŶĐƚŝŽŶƐ͕ƚŽƉƌĞǀĞŶƚ͕Žƌ
ĚĞƚĞĐƚĂŶĚĐŽƌƌĞĐƚ͕ŵŝƐƐƚĂƚĞŵĞŶƚƐŽŶĂƚŝŵĞůLJďĂƐŝƐ͘ŵĂƚĞƌŝĂůǁĞĂŬŶĞƐƐŝƐĂĚĞĨŝĐŝĞŶĐLJ͕ŽƌĐŽŵďŝŶĂƚŝŽŶ
ŽĨĚĞĨŝĐŝĞŶĐŝĞƐ͕ŝŶŝŶƚĞƌŶĂůĐŽŶƚƌŽů͕ƐƵĐŚƚŚĂƚƚŚĞƌĞŝƐĂƌĞĂƐŽŶĂďůĞƉŽƐƐŝďŝůŝƚLJƚŚĂƚĂŵĂƚĞƌŝĂůŵŝƐƐƚĂƚĞŵĞŶƚ
ŽĨƚŚĞĞŶƚŝƚLJΖƐĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐǁŝůůŶŽƚďĞƉƌĞǀĞŶƚĞĚ͕ŽƌĚĞƚĞĐƚĞĚĂŶĚĐŽƌƌĞĐƚĞĚŽŶĂƚŝŵĞůLJďĂƐŝƐ͘
ƐŝŐŶŝĨŝĐĂŶƚĚĞĨŝĐŝĞŶĐLJŝƐĂĚĞĨŝĐŝĞŶĐLJ͕ŽƌĂĐŽŵďŝŶĂƚŝŽŶŽĨĚĞĨŝĐŝĞŶĐŝĞƐ͕ŝŶŝŶƚĞƌŶĂůĐŽŶƚƌŽůƚŚĂƚŝƐůĞƐƐƐĞǀĞƌĞ
ƚŚĂŶĂŵĂƚĞƌŝĂůǁĞĂŬŶĞƐƐ͕LJĞƚŝŵƉŽƌƚĂŶƚĞŶŽƵŐŚƚŽŵĞƌŝƚĂƚƚĞŶƚŝŽŶďLJƚŚŽƐĞĐŚĂƌŐĞĚǁŝƚŚŐŽǀĞƌŶĂŶĐĞ͘
KƵƌĐŽŶƐŝĚĞƌĂƚŝŽŶŽĨŝŶƚĞƌŶĂůĐŽŶƚƌŽůǁĂƐĨŽƌƚŚĞůŝŵŝƚĞĚƉƵƌƉŽƐĞĚĞƐĐƌŝďĞĚŝŶƚŚĞĨŝƌƐƚƉĂƌĂŐƌĂƉŚŽĨƚŚŝƐ
ƐĞĐƚŝŽŶ ĂŶĚ ǁĂƐ ŶŽƚ ĚĞƐŝŐŶĞĚ ƚŽ ŝĚĞŶƚŝĨLJ Ăůů ĚĞĨŝĐŝĞŶĐŝĞƐ ŝŶ ŝŶƚĞƌŶĂů ĐŽŶƚƌŽů ƚŚĂƚ ŵŝŐŚƚ ďĞ ŵĂƚĞƌŝĂů
ǁĞĂŬŶĞƐƐĞƐŽƌƐŝŐŶŝĨŝĐĂŶƚĚĞĨŝĐŝĞŶĐŝĞƐ͘'ŝǀĞŶƚŚĞƐĞůŝŵŝƚĂƚŝŽŶƐ͕ĚƵƌŝŶŐŽƵƌĂƵĚŝƚǁĞĚŝĚŶŽƚŝĚĞŶƚŝĨLJĂŶLJ
ĚĞĨŝĐŝĞŶĐŝĞƐ ŝŶ ŝŶƚĞƌŶĂů ĐŽŶƚƌŽů ƚŚĂƚ ǁĞ ĐŽŶƐŝĚĞƌ ƚŽ ďĞ ŵĂƚĞƌŝĂů ǁĞĂŬŶĞƐƐĞƐ͘ ,ŽǁĞǀĞƌ͕ ŵĂƚĞƌŝĂů
ǁĞĂŬŶĞƐƐĞƐŵĂLJĞdžŝƐƚƚŚĂƚŚĂǀĞŶŽƚďĞĞŶŝĚĞŶƚŝĨŝĞĚ͘
ŽŵƉůŝĂŶĐĞĂŶĚKƚŚĞƌDĂƚƚĞƌƐ
ƐƉĂƌƚŽĨŽďƚĂŝŶŝŶŐƌĞĂƐŽŶĂďůĞĂƐƐƵƌĂŶĐĞĂďŽƵƚǁŚĞƚŚĞƌƚŚĞŝƚLJΖƐĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐĂƌĞĨƌĞĞĨƌŽŵ
ŵĂƚĞƌŝĂůŵŝƐƐƚĂƚĞŵĞŶƚ͕ǁĞƉĞƌĨŽƌŵĞĚƚĞƐƚƐŽĨŝƚƐĐŽŵƉůŝĂŶĐĞǁŝƚŚĐĞƌƚĂŝŶƉƌŽǀŝƐŝŽŶƐŽĨůĂǁƐ͕ƌĞŐƵůĂƚŝŽŶƐ͕
ĐŽŶƚƌĂĐƚƐ͕ĂŶĚŐƌĂŶƚĂŐƌĞĞŵĞŶƚƐ͕ŶŽŶĐŽŵƉůŝĂŶĐĞǁŝƚŚǁŚŝĐŚĐŽƵůĚŚĂǀĞĂĚŝƌĞĐƚĂŶĚŵĂƚĞƌŝĂůĞĨĨĞĐƚŽŶ
ƚŚĞĚĞƚĞƌŵŝŶĂƚŝŽŶŽĨĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚĂŵŽƵŶƚƐ͘,ŽǁĞǀĞƌ͕ƉƌŽǀŝĚŝŶŐĂŶŽƉŝŶŝŽŶŽŶĐŽŵƉůŝĂŶĐĞǁŝƚŚ
ƚŚŽƐĞƉƌŽǀŝƐŝŽŶƐǁĂƐŶŽƚĂŶŽďũĞĐƚŝǀĞŽĨŽƵƌĂƵĚŝƚ͕ĂŶĚĂĐĐŽƌĚŝŶŐůLJ͕ǁĞĚŽŶŽƚĞdžƉƌĞƐƐƐƵĐŚĂŶŽƉŝŶŝŽŶ͘
dŚĞƌĞƐƵůƚƐŽĨŽƵƌƚĞƐƚƐĚŝƐĐůŽƐĞĚŶŽŝŶƐƚĂŶĐĞƐŽĨŶŽŶĐŽŵƉůŝĂŶĐĞŽƌŽƚŚĞƌŵĂƚƚĞƌƐƚŚĂƚĂƌĞƌĞƋƵŝƌĞĚƚŽďĞ
ƌĞƉŽƌƚĞĚƵŶĚĞƌ'ŽǀĞƌŶŵĞŶƚƵĚŝƚŝŶŐ^ƚĂŶĚĂƌĚƐ͘
RSM US Alliance member firms are separate and independent businesses and legal entities that are responsible for their own
acts and omissions, and each are separate and independent from RSM US LLP. RSM US LLP is the U.S. member firm of RSM
International, a global network of independent audit, tax, and consulting firms. Members of RSM US Alliance have access to
RSM International resources through RSM US LLP but are not member firms of RSM International.165
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WƵƌƉŽƐĞŽĨdŚŝƐZĞƉŽƌƚ
dŚĞƉƵƌƉŽƐĞŽĨƚŚŝƐƌĞƉŽƌƚŝƐƐŽůĞůLJƚŽĚĞƐĐƌŝďĞƚŚĞƐĐŽƉĞŽĨŽƵƌƚĞƐƚŝŶŐŽĨŝŶƚĞƌŶĂůĐŽŶƚƌŽůĂŶĚĐŽŵƉůŝĂŶĐĞ
ĂŶĚƚŚĞƌĞƐƵůƚƐŽĨƚŚĂƚƚĞƐƚŝŶŐ͕ĂŶĚŶŽƚƚŽƉƌŽǀŝĚĞĂŶŽƉŝŶŝŽŶŽŶƚŚĞĞĨĨĞĐƚŝǀĞŶĞƐƐŽĨƚŚĞŝƚLJ͛ƐŝŶƚĞƌŶĂů
ĐŽŶƚƌŽů Žƌ ŽŶĐŽŵƉůŝĂŶĐĞ͘dŚŝƐ ƌĞƉŽƌƚ ŝƐĂŶ ŝŶƚĞŐƌĂů ƉĂƌƚ ŽĨĂŶ ĂƵĚŝƚ ƉĞƌĨŽƌŵĞĚ ŝŶ ĂĐĐŽƌĚĂŶĐĞ ǁŝƚŚ
'ŽǀĞƌŶŵĞŶƚƵĚŝƚŝŶŐ^ƚĂŶĚĂƌĚƐŝŶĐŽŶƐŝĚĞƌŝŶŐƚŚĞŝƚLJ͛ƐŝŶƚĞƌŶĂůĐŽŶƚƌŽůĂŶĚĐŽŵƉůŝĂŶĐĞ͘ĐĐŽƌĚŝŶŐůLJ͕
ƚŚŝƐĐŽŵŵƵŶŝĐĂƚŝŽŶŝƐŶŽƚƐƵŝƚĂďůĞĨŽƌĂŶLJŽƚŚĞƌƉƵƌƉŽƐĞ͘
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LJWĂƵůEŝĞůƐŽŶ͕W͕ĂŵĞŵďĞƌŽĨƚŚĞĨŝƌŵ
ƵŐĞŶĞ͕KƌĞŐŽŶ
EŽǀĞŵďĞƌϴ͕ϮϬϭϵ
166
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OMB Uniform Guidance (Single Audit) Report
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dŽƚŚĞ,ŽŶŽƌĂďůĞDĂLJŽƌĂŶĚDĞŵďĞƌƐŽĨƚŚĞŝƚLJŽƵŶĐŝů
ŝƚLJŽĨ ƵŐĞŶĞ͕KƌĞŐŽŶ
ZĞƉŽƌƚŽŶŽŵƉůŝĂŶĐĞĨŽƌ ĂĐŚDĂũŽƌ&ĞĚĞƌĂůWƌŽŐƌĂŵ
tĞŚĂǀĞĂƵĚŝƚĞĚƚŚĞŝƚLJŽĨ ƵŐĞŶĞ͛Ɛ;͞ƚŚĞŝƚLJ͟ͿĐŽŵƉůŝĂŶĐĞǁŝƚŚƚŚĞƚLJƉĞƐŽĨĐŽŵƉůŝĂŶĐĞƌĞƋƵŝƌĞŵĞŶƚƐ
ĚĞƐĐƌŝďĞĚŝŶƚŚĞKDŽŵƉůŝĂŶĐĞ^ƵƉƉůĞŵĞŶƚƚŚĂƚĐŽƵůĚŚĂǀĞĂĚŝƌĞĐƚĂŶĚŵĂƚĞƌŝĂůĞĨĨĞĐƚŽŶĞĂĐŚŽĨƚŚĞ
ŝƚLJ͛ƐŵĂũŽƌĨĞĚĞƌĂůƉƌŽŐƌĂŵƐĨŽƌƚŚĞLJĞĂƌĞŶĚĞĚ:ƵŶĞϯϬ͕ϮϬϭϵ͘dŚĞŝƚLJ͛ƐŵĂũŽƌĨĞĚĞƌĂůƉƌŽŐƌĂŵƐĂƌĞ
ŝĚĞŶƚŝĨŝĞĚ ŝŶ ƚŚĞ ƐƵŵŵĂƌLJ ŽĨ ĂƵĚŝƚŽƌ͛Ɛ ƌĞƐƵůƚƐ ƐĞĐƚŝŽŶ ŽĨ ƚŚĞ ĂĐĐŽŵƉĂŶLJŝŶŐ ƐĐŚĞĚƵůĞ ŽĨ ĨŝŶĚŝŶŐƐ ĂŶĚ
ƋƵĞƐƚŝŽŶĞĚĐŽƐƚƐ͘
DĂŶĂŐĞŵĞŶƚ͛ƐZĞƐƉŽŶƐŝďŝůŝƚLJ
DĂŶĂŐĞŵĞŶƚ ŝƐ ƌĞƐƉŽŶƐŝďůĞ ĨŽƌ ĐŽŵƉůŝĂŶĐĞ ǁŝƚŚ ĨĞĚĞƌĂů ƐƚĂƚƵƚĞƐ͕ƌĞŐƵůĂƚŝŽŶƐ͕ĂŶĚƚŚĞƚĞƌŵƐĂŶĚ
ĐŽŶĚŝƚŝŽŶƐŽĨŝƚƐĨĞĚĞƌĂůĂǁĂƌĚƐĂƉƉůŝĐĂďůĞƚŽŝƚƐĨĞĚĞƌĂůƉƌŽŐƌĂŵƐ͘
ƵĚŝƚŽƌ͛ƐZĞƐƉŽŶƐŝďŝůŝƚLJ
KƵƌƌĞƐƉŽŶƐŝďŝůŝƚLJŝƐƚŽĞdžƉƌĞƐƐĂŶŽƉŝŶŝŽŶŽŶĐŽŵƉůŝĂŶĐĞĨŽƌĞĂĐŚŽĨƚŚĞŝƚLJ͛ƐŵĂũŽƌĨĞĚĞƌĂůƉƌŽŐƌĂŵƐ
ďĂƐĞĚŽŶŽƵƌĂƵĚŝƚŽĨƚŚĞƚLJƉĞƐŽĨĐŽŵƉůŝĂŶĐĞƌĞƋƵŝƌĞŵĞŶƚƐƌĞĨĞƌƌĞĚƚŽĂďŽǀĞ͘tĞĐŽŶĚƵĐƚĞĚŽƵƌĂƵĚŝƚ
ŽĨĐŽŵƉůŝĂŶĐĞŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚĂƵĚŝƚŝŶŐƐƚĂŶĚĂƌĚƐŐĞŶĞƌĂůůLJĂĐĐĞƉƚĞĚŝŶƚŚĞhŶŝƚĞĚ^ƚĂƚĞƐŽĨŵĞƌŝĐĂ͖
ƚŚĞƐƚĂŶĚĂƌĚƐĂƉƉůŝĐĂďůĞƚŽĨŝŶĂŶĐŝĂůĂƵĚŝƚƐĐŽŶƚĂŝŶĞĚŝŶ'ŽǀĞƌŶŵĞŶƚƵĚŝƚŝŶŐ^ƚĂŶĚĂƌĚƐ͕ŝƐƐƵĞĚďLJƚŚĞ
ŽŵƉƚƌŽůůĞƌ'ĞŶĞƌĂůŽĨƚŚĞhŶŝƚĞĚ^ƚĂƚĞƐ͖ĂŶĚƚŚĞĂƵĚŝƚƌĞƋƵŝƌĞŵĞŶƚƐŽĨdŝƚůĞϮh͘^͘ŽĚĞŽĨ&ĞĚĞƌĂů
ZĞŐƵůĂƚŝŽŶƐWĂƌƚϮϬϬ͕hŶŝĨŽƌŵĚŵŝŶŝƐƚƌĂƚŝǀĞZĞƋƵŝƌĞŵĞŶƚƐ͕ŽƐƚWƌŝŶĐŝƉůĞƐ͕ĂŶĚƵĚŝƚZĞƋƵŝƌĞŵĞŶƚƐĨŽƌ
&ĞĚĞƌĂůǁĂƌĚƐ;hŶŝĨŽƌŵ'ƵŝĚĂŶĐĞͿ͘dŚŽƐĞƐƚĂŶĚĂƌĚƐĂŶĚƚŚĞhŶŝĨŽƌŵ'ƵŝĚĂŶĐĞƌĞƋƵŝƌĞƚŚĂƚǁĞƉůĂŶ
ĂŶĚƉĞƌĨŽƌŵƚŚĞĂƵĚŝƚƚŽŽďƚĂŝŶƌĞĂƐŽŶĂďůĞĂƐƐƵƌĂŶĐĞĂďŽƵƚǁŚĞƚŚĞƌŶŽŶĐŽŵƉůŝĂŶĐĞǁŝƚŚƚŚĞƚLJƉĞƐŽĨ
ĐŽŵƉůŝĂŶĐĞƌĞƋƵŝƌĞŵĞŶƚƐƌĞĨĞƌƌĞĚƚŽĂďŽǀĞƚŚĂƚĐŽƵůĚŚĂǀĞĂĚŝƌĞĐƚĂŶĚŵĂƚĞƌŝĂůĞĨĨĞĐƚŽŶĂŵĂũŽƌ
ĨĞĚĞƌĂů ƉƌŽŐƌĂŵ ŽĐĐƵƌƌĞĚ͘ Ŷ ĂƵĚŝƚ ŝŶĐůƵĚĞƐ ĞdžĂŵŝŶŝŶŐ͕ ŽŶ Ă ƚĞƐƚ ďĂƐŝƐ͕ ĞǀŝĚĞŶĐĞ ĂďŽƵƚ ƚŚĞ ŝƚLJ͛Ɛ
ĐŽŵƉůŝĂŶĐĞǁŝƚŚƚŚŽƐĞƌĞƋƵŝƌĞŵĞŶƚƐĂŶĚƉĞƌĨŽƌŵŝŶŐƐƵĐŚŽƚŚĞƌƉƌŽĐĞĚƵƌĞƐĂƐǁĞĐŽŶƐŝĚĞƌĞĚŶĞĐĞƐƐĂƌLJ
ŝŶƚŚĞĐŝƌĐƵŵƐƚĂŶĐĞƐ͘
tĞďĞůŝĞǀĞƚŚĂƚŽƵƌĂƵĚŝƚƉƌŽǀŝĚĞƐĂƌĞĂƐŽŶĂďůĞďĂƐŝƐĨŽƌŽƵƌŽƉŝŶŝŽŶŽŶĐŽŵƉůŝĂŶĐĞĨŽƌĞĂĐŚŵĂũŽƌ
ĨĞĚĞƌĂůƉƌŽŐƌĂŵ͘,ŽǁĞǀĞƌ͕ŽƵƌĂƵĚŝƚĚŽĞƐŶŽƚƉƌŽǀŝĚĞĂůĞŐĂůĚĞƚĞƌŵŝŶĂƚŝŽŶŽĨƚŚĞŝƚLJΖƐĐŽŵƉůŝĂŶĐĞ͘
KƉŝŶŝŽŶŽŶ ĂĐŚDĂũŽƌ&ĞĚĞƌĂůWƌŽŐƌĂŵ
/ŶŽƵƌŽƉŝŶŝŽŶ͕ƚŚĞŝƚLJĐŽŵƉůŝĞĚ͕ŝŶĂůůŵĂƚĞƌŝĂůƌĞƐƉĞĐƚƐ͕ǁŝƚŚƚŚĞƚLJƉĞƐŽĨĐŽŵƉůŝĂŶĐĞƌĞƋƵŝƌĞŵĞŶƚƐ
ƌĞĨĞƌƌĞĚƚŽĂďŽǀĞƚŚĂƚĐŽƵůĚŚĂǀĞĂĚŝƌĞĐƚĂŶĚŵĂƚĞƌŝĂůĞĨĨĞĐƚŽŶĞĂĐŚŽĨŝƚƐŵĂũŽƌĨĞĚĞƌĂůƉƌŽŐƌĂŵƐĨŽƌ
ƚŚĞLJĞĂƌĞŶĚĞĚ:ƵŶĞϯϬ͕ϮϬϭϵ͘
RSM US Alliance member firms are separate and independent businesses and legal entities that are responsible for their own
acts and omissions, and each are separate and independent from RSM US LLP. RSM US LLP is the U.S. member firm of RSM
International, a global network of independent audit, tax, and consulting firms. Members of RSM US Alliance have access to
RSM International resources through RSM US LLP but are not member firms of RSM International.169
December 9, 2019, Meeting - Item 2CCC Agenda - Page 213
ZĞƉŽƌƚŽŶ/ŶƚĞƌŶĂůŽŶƚƌŽůKǀĞƌŽŵƉůŝĂŶĐĞ
dŚĞŵĂŶĂŐĞŵĞŶƚŽĨƚŚĞŝƚLJŝƐƌĞƐƉŽŶƐŝďůĞĨŽƌĞƐƚĂďůŝƐŚŝŶŐĂŶĚŵĂŝŶƚĂŝŶŝŶŐĞĨĨĞĐƚŝǀĞŝŶƚĞƌŶĂůĐŽŶƚƌŽůŽǀĞƌ
ĐŽŵƉůŝĂŶĐĞǁŝƚŚƚŚĞƚLJƉĞƐŽĨĐŽŵƉůŝĂŶĐĞƌĞƋƵŝƌĞŵĞŶƚƐƌĞĨĞƌƌĞĚƚŽĂďŽǀĞ͘/ŶƉůĂŶŶŝŶŐĂŶĚƉĞƌĨŽƌŵŝŶŐŽƵƌ
ĂƵĚŝƚ ŽĨ ĐŽŵƉůŝĂŶĐĞ͕ ǁĞ ĐŽŶƐŝĚĞƌĞĚ ƚŚĞ ŝƚLJ͛Ɛ ŝŶƚĞƌŶĂů ĐŽŶƚƌŽůŽǀĞƌĐŽŵƉůŝĂŶĐĞǁŝƚŚƚŚĞƚLJƉĞƐŽĨ
ƌĞƋƵŝƌĞŵĞŶƚƐƚŚĂƚĐŽƵůĚŚĂǀĞĂĚŝƌĞĐƚĂŶĚŵĂƚĞƌŝĂůĞĨĨĞĐƚŽŶĞĂĐŚŵĂũŽƌĨĞĚĞƌĂůƉƌŽŐƌĂŵƚŽĚĞƚĞƌŵŝŶĞ
ƚŚĞ ĂƵĚŝƚŝŶŐ ƉƌŽĐĞĚƵƌĞƐ ƚŚĂƚ ĂƌĞ ĂƉƉƌŽƉƌŝĂƚĞ ŝŶ ƚŚĞ ĐŝƌĐƵŵƐƚĂŶĐĞƐ ĨŽƌ ƚŚĞ ƉƵƌƉŽƐĞ ŽĨ ĞdžƉƌĞƐƐŝŶŐ ĂŶ
ŽƉŝŶŝŽŶŽŶĐŽŵƉůŝĂŶĐĞĨŽƌĞĂĐŚŵĂũŽƌĨĞĚĞƌĂůƉƌŽŐƌĂŵĂŶĚƚŽƚĞƐƚĂŶĚƌĞƉŽƌƚŽŶŝŶƚĞƌŶĂůĐŽŶƚƌŽůŽǀĞƌ
ĐŽŵƉůŝĂŶĐĞŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚƚŚĞhŶŝĨŽƌŵ'ƵŝĚĂŶĐĞ͕ďƵƚŶŽƚĨŽƌƚŚĞƉƵƌƉŽƐĞŽĨĞdžƉƌĞƐƐŝŶŐĂŶŽƉŝŶŝŽŶ
ŽŶƚŚĞĞĨĨĞĐƚŝǀĞŶĞƐƐŽĨŝŶƚĞƌŶĂůĐŽŶƚƌŽůŽǀĞƌĐŽŵƉůŝĂŶĐĞ͘ĐĐŽƌĚŝŶŐůLJ͕ǁĞĚŽŶŽƚĞdžƉƌĞƐƐĂŶŽƉŝŶŝŽŶŽŶ
ƚŚĞĞĨĨĞĐƚŝǀĞŶĞƐƐŽĨƚŚĞŝƚLJΖƐŝŶƚĞƌŶĂůĐŽŶƚƌŽůŽǀĞƌĐŽŵƉůŝĂŶĐĞ͘
ĚĞĨŝĐŝĞŶĐLJŝŶŝŶƚĞƌŶĂůĐŽŶƚƌŽůŽǀĞƌĐŽŵƉůŝĂŶĐĞĞdžŝƐƚƐǁŚĞŶƚŚĞĚĞƐŝŐŶŽƌŽƉĞƌĂƚŝŽŶŽĨĂĐŽŶƚƌŽůŽǀĞƌ
ĐŽŵƉůŝĂŶĐĞĚŽĞƐŶŽƚĂůůŽǁŵĂŶĂŐĞŵĞŶƚŽƌĞŵƉůŽLJĞĞƐ͕ŝŶƚŚĞŶŽƌŵĂůĐŽƵƌƐĞŽĨƉĞƌĨŽƌŵŝŶŐƚŚĞŝƌĂƐƐŝŐŶĞĚ
ĨƵŶĐƚŝŽŶƐ͕ƚŽƉƌĞǀĞŶƚ͕ŽƌĚĞƚĞĐƚĂŶĚĐŽƌƌĞĐƚ͕ŶŽŶĐŽŵƉůŝĂŶĐĞǁŝƚŚĂƚLJƉĞŽĨĐŽŵƉůŝĂŶĐĞƌĞƋƵŝƌĞŵĞŶƚŽĨĂ
ĨĞĚĞƌĂůƉƌŽŐƌĂŵŽŶĂƚŝŵĞůLJďĂƐŝƐ͘ŵĂƚĞƌŝĂůǁĞĂŬŶĞƐƐŝŶŝŶƚĞƌŶĂůĐŽŶƚƌŽůŽǀĞƌĐŽŵƉůŝĂŶĐĞŝƐĂĚĞĨŝĐŝĞŶĐLJ͕
Žƌ ĐŽŵďŝŶĂƚŝŽŶ ŽĨ ĚĞĨŝĐŝĞŶĐŝĞƐ͕ ŝŶ ŝŶƚĞƌŶĂů ĐŽŶƚƌŽů ŽǀĞƌ ĐŽŵƉůŝĂŶĐĞ͕ ƐƵĐŚ ƚŚĂƚ ƚŚĞƌĞ ŝƐ Ă ƌĞĂƐŽŶĂďůĞ
ƉŽƐƐŝďŝůŝƚLJƚŚĂƚŵĂƚĞƌŝĂůŶŽŶĐŽŵƉůŝĂŶĐĞǁŝƚŚĂƚLJƉĞŽĨĐŽŵƉůŝĂŶĐĞƌĞƋƵŝƌĞŵĞŶƚŽĨĂĨĞĚĞƌĂůƉƌŽŐƌĂŵǁŝůů
ŶŽƚďĞƉƌĞǀĞŶƚĞĚ͕ŽƌĚĞƚĞĐƚĞĚĂŶĚĐŽƌƌĞĐƚĞĚ͕ŽŶĂƚŝŵĞůLJďĂƐŝƐ͘ƐŝŐŶŝĨŝĐĂŶƚĚĞĨŝĐŝĞŶĐLJŝŶŝŶƚĞƌŶĂůĐŽŶƚƌŽů
ŽǀĞƌĐŽŵƉůŝĂŶĐĞŝƐĂĚĞĨŝĐŝĞŶĐLJ͕ŽƌĂĐŽŵďŝŶĂƚŝŽŶŽĨĚĞĨŝĐŝĞŶĐŝĞƐ͕ŝŶŝŶƚĞƌŶĂůĐŽŶƚƌŽůŽǀĞƌĐŽŵƉůŝĂŶĐĞǁŝƚŚ
ĂƚLJƉĞŽĨĐŽŵƉůŝĂŶĐĞƌĞƋƵŝƌĞŵĞŶƚŽĨĂĨĞĚĞƌĂůƉƌŽŐƌĂŵƚŚĂƚŝƐůĞƐƐƐĞǀĞƌĞƚŚĂŶĂŵĂƚĞƌŝĂůǁĞĂŬŶĞƐƐŝŶ
ŝŶƚĞƌŶĂů ĐŽŶƚƌŽů ŽǀĞƌ ĐŽŵƉůŝĂŶĐĞ͕ LJĞƚ ŝŵƉŽƌƚĂŶƚ ĞŶŽƵŐŚ ƚŽ ŵĞƌŝƚ ĂƚƚĞŶƚŝŽŶ ďLJ ƚŚŽƐĞ ĐŚĂƌŐĞĚ ǁŝƚŚ
ŐŽǀĞƌŶĂŶĐĞ͘
KƵƌĐŽŶƐŝĚĞƌĂƚŝŽŶŽĨŝŶƚĞƌŶĂůĐŽŶƚƌŽůŽǀĞƌĐŽŵƉůŝĂŶĐĞǁĂƐĨŽƌƚŚĞůŝŵŝƚĞĚƉƵƌƉŽƐĞĚĞƐĐƌŝďĞĚŝŶƚŚĞĨŝƌƐƚ
ƉĂƌĂŐƌĂƉŚ ŽĨ ƚŚŝƐ ƐĞĐƚŝŽŶ ĂŶĚ ǁĂƐ ŶŽƚ ĚĞƐŝŐŶĞĚ ƚŽ ŝĚĞŶƚŝĨLJ ĂůůĚĞĨŝĐŝĞŶĐŝĞƐ ŝŶ ŝŶƚĞƌŶĂů ĐŽŶƚƌŽů ŽǀĞƌ
ĐŽŵƉůŝĂŶĐĞ ƚŚĂƚ ŵŝŐŚƚ ďĞ ŵĂƚĞƌŝĂů ǁĞĂŬŶĞƐƐĞƐ Žƌ ƐŝŐŶŝĨŝĐĂŶƚ ĚĞĨŝĐŝĞŶĐŝĞƐ͘ tĞ ĚŝĚ ŶŽƚ ŝĚĞŶƚŝĨLJ ĂŶLJ
ĚĞĨŝĐŝĞŶĐŝĞƐŝŶŝŶƚĞƌŶĂůĐŽŶƚƌŽůŽǀĞƌĐŽŵƉůŝĂŶĐĞƚŚĂƚǁĞĐŽŶƐŝĚĞƌƚŽďĞŵĂƚĞƌŝĂůǁĞĂŬŶĞƐƐĞƐ͘,ŽǁĞǀĞƌ͕
ŵĂƚĞƌŝĂůǁĞĂŬŶĞƐƐĞƐŵĂLJĞdžŝƐƚƚŚĂƚŚĂǀĞŶŽƚďĞĞŶŝĚĞŶƚŝĨŝĞĚ͘
dŚĞƉƵƌƉŽƐĞŽĨƚŚŝƐƌĞƉŽƌƚŽŶŝŶƚĞƌŶĂůĐŽŶƚƌŽůŽǀĞƌĐŽŵƉůŝĂŶĐĞŝƐƐŽůĞůLJƚŽĚĞƐĐƌŝďĞƚŚĞƐĐŽƉĞŽĨŽƵƌ
ƚĞƐƚŝŶŐŽĨŝŶƚĞƌŶĂůĐŽŶƚƌŽůŽǀĞƌĐŽŵƉůŝĂŶĐĞĂŶĚƚŚĞƌĞƐƵůƚƐŽĨƚŚĂƚƚĞƐƚŝŶŐďĂƐĞĚŽŶƚŚĞƌĞƋƵŝƌĞŵĞŶƚƐŽĨ
ƚŚĞhŶŝĨŽƌŵ'ƵŝĚĂŶĐĞ͘ĐĐŽƌĚŝŶŐůLJ͕ƚŚŝƐƌĞƉŽƌƚŝƐŶŽƚƐƵŝƚĂďůĞĨŽƌĂŶLJŽƚŚĞƌƉƵƌƉŽƐĞ͘
/^> ZW
LJWĂƵůEŝĞůƐŽŶ͕W͕ĂŵĞŵďĞƌŽĨƚŚĞĨŝƌŵ
ƵŐĞŶĞ͕KƌĞŐŽŶ
EŽǀĞŵďĞƌϴ͕ϮϬϭϵ
170
December 9, 2019, Meeting - Item 2CCC Agenda - Page 214
CITY OF EUGENE, OREGON
Schedule of Findings and Questioned Costs
June 30, 2019
Section I - Summary of Auditor’s Results
1. The auditor’s report expresses an unmodified opinion on whether the financial statements of the City of Eugene were
prepared in accordance with Generally Accepted Accounting Principles.
2. No significant deficiencies or material weaknesses relating to the audit of the financial statements are reported in the
Independent Auditor’s Report on Internal Control Over Financial Reporting and on Compliance and Other Matters
Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards.
3. No instances of noncompliance material to the financial statements of the City of Eugene, which would be required to
be reported in accordance with Government Auditing Standards, were disclosed during the audit.
4. No significant deficiencies or material weaknesses relating to the audit of the major federal award programs are
reported in the Independent Auditor’s Report on Compliance for Each Major Federal Program and on Internal Control
over Compliance Required by OMB Uniform Guidance.
5. The auditor’s report on compliance for the major federal award programs for the City of Eugene expresses an
unmodified opinion on all major federal programs.
6. There were no audit findings that were required to be reported in accordance with 2 CFR Section 200.516(a) reported
in this schedule.
7. The programs tested as a major programs were:
HOME Investment Partnerships Program, CFDA #14.239
Assistance to Firefighters Grant, CFDA #97.044
8. The threshold for distinguishing between Type A and B programs was $750,000.
9. The City of Eugene qualified as a low-risk auditee.
Section II - Financial Statement Findings
None
Section III - Federal Award Findings and Questioned Costs
None
Section IV – Summary Schedule of Prior Audit Findings
None
171
December 9, 2019, Meeting - Item 2CCC Agenda - Page 215
City of Eugene, Oregon J-1
Schedule of Expenditures of Federal Awards
For the fiscal year ended June 30, 2019
(amounts in dollars) Federal Passed
CFDA through to
Federal Grantor Program Title number Grant number subrecipients Expenditures
U.S. Department of Commerce
Direct program:
Investments for Public Works and Economic Development Facilities 11.300 07-01-07390 0 91,687
Total U.S. Department of Commerce 0 91,687
U.S. Department of Housing and Urban Development
Direct program:
HOME Investment Partnerships Program 14.239 M-18-DC-41-0200 0 1,099,752
CDBG - Entitlement Grants Cluster:
Direct program:
Community Development Block Grants/Entitlement Grants 14.218 B-18-MC-41-0001 368,322 1,727,623
Total CDBG - Entitlement Grants Cluster 368,322 1,727,623
Total U.S. Department of Housing and Urban Development 368,322 2,827,375
U.S. Department of the Interior
Direct program:
BLM Wildland Urban Interface Community Fire Assistance 15.228 L15AC00129 0 86,440
Fish, Wildlife and Plant Conservation Resource Management 15.231 L15AC00189 0 29,738
Total U.S. Department of the Interior 0 116,178
U.S. Department of Justice
Direct program:
Equitable Sharing Program 16.922 NA 0 41,381
Total U.S. Department of Justice 0 41,381
U.S. Department of Transportation
Direct program:
Airport Improvement Program 20.106 3-41-0018-052 0 58,017
Airport Improvement Program 20.106 3-41-0018-055 0 909,377
Airport Improvement Program 20.106 3-41-0018-056 0 611,421
Airport Improvement Program 20.106 3-41-0018-057 0 399,207
Airport Improvement Program 20.106 3-41-0018-058 0 4,189
Airport Improvement Program 20.106 3-41-0018-059 0 16,272
Grants passed through State of Oregon:
Formula Grants for Rural Areas and Tribal Transit Program 20.509 31674 0 85,825
Grants passed through Oregon Impact:
Minimum Penalties for Repeat Offenders for Driving While Intoxicated 20.608 2018/2019 0 6,931
Minimum Penalties for Repeat Offenders for Driving While Intoxicated 20.608 2017-2018 0 2,527
Highway Planning and Construction Cluster:
Grants passed through State of Oregon:
Highway Planning and Construction 20.205 30312 0 877,370
Highway Planning and Construction 20.205 30316 0 12,506
Highway Planning and Construction 20.205 30440 0 863,467
Highway Planning and Construction 20.205 31271 0 95,605
Highway Planning and Construction 20.205 32420 0 249,909
Highway Planning and Construction 20.205 32427 0 69,834
Highway Planning and Construction 20.205 32445 0 145
Highway Planning and Construction 20.205 32446 0 14,470
continued
172
December 9, 2019, Meeting - Item 2CCC Agenda - Page 216
City of Eugene, Oregon J-1, continued
Schedule of Expenditures of Federal Awards
For the fiscal year ended June 30, 2019
(amounts in dollars) Federal Passed
CFDA through to
Federal Grantor Program Title number Grant number subrecipients Expenditures
U.S. Department of Transportation, continued
Highway Planning and Construction Cluster, continued:
Grants passed through State of Oregon, continued:
Highway Planning and Construction 20.205 32762 0 9,515
Highway Planning and Construction 20.205 32886 0 2,087
Highway Planning and Construction 20.205 32893 0 32,937
Highway Planning and Construction 20.205 33023 0 911
Highway Planning and Construction 20.205 33281 0 2,002
Highway Planning and Construction 20.205 1719WKZN-421 QQQ 0 591
Grants passed through Lane Transit District:
Highway Planning and Construction 20.205 18755 0 45,819
Highway Planning and Construction 20.205 2016-00227 0 3,279
Grants passed through Lane Council of Governments:
Highway Planning and Construction 20.205 NA 0 45,000
Total Highway Planning and Construction Cluster 0 2,325,447
Federal Transit Cluster:
Grants passed through Lane Council of Governments:
Federal Transit Capital Investment Grants 20.500 NA 0 204,129
Total Federal Transit Cluster 0 204,129
Highway Safety Cluster:
Grants passed through State of Oregon:
State and Community Highway Safety 20.600 SC-18-35-12 BBB 0 13,187
State and Community Highway Safety 20.600 OP-18-45-03 BBB 0 9,953
State and Community Highway Safety 20.600 OP-19-45-03 GGG 0 12,960
National Priority Safety Programs 20.616 M8SE-19-35-12 DDD 0 3,220
Grants passed through Oregon Impact:
State and Community Highway Safety 20.600 NA 0 1,343
Grants passed through Lane Council of Governments:
National Priority Safety Programs 20.616 2018-00217 0 3,589
Total Highway Safety Cluster 0 44,252
Total U.S. Department of Transportation 0 4,667,594
U.S. Environmental Protection Agency
Direct program:
Brownfields Assessment and Cleanup Cooperative Agreements 66.818 BF-01J40201 0 186,192
Total U.S. Environmental Protection Agency 0 186,192
U.S. Department of Education
Grants passed through Eugene School District 4J:
Twenty-First Century Community Learning Centers 84.287 16923 0 46,666
Total U.S. Department of Education 0 46,666
U.S. Department of Health and Human Services
Grants passed through State of Oregon:
National Bioterrorism Hospital Preparedness Program 93.889 158082 0 61,162
continued
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December 9, 2019, Meeting - Item 2CCC Agenda - Page 217
City of Eugene, Oregon J-1, continued
Schedule of Expenditures of Federal Awards
For the fiscal year ended June 30, 2019
(amounts in dollars) Federal Passed
CFDA through to
Federal Grantor Program Title number Grant number subrecipients Expenditures
U.S. Department of Health and Human Services, continued
Grants passed through Lane County, Oregon:
Low-Income Home Energy Assistance 93.568 NA 0 23,219
Block Grants for Community Mental Health Services 93.958 51582 0 12,391
Total U.S. Department of Health and Human Services 0 96,772
U.S. Department of Homeland Security
Direct program:
Assistance to Firefighters Grant 97.044 EMW-2016-FO-03109 0 14,261
Assistance to Firefighters Grant 97.044 EMW-2017-FP-04108 0 1,254,546
Grants passed through State of Oregon:
Emergency Management Performance Grants 97.042 18-539 0 135,176
Homeland Security Grant Program 97.067 17-212 0 27,532
Homeland Security Grant Program 97.067 17-213 0 10,583
Homeland Security Grant Program 97.067 17-214 0 26,691
Homeland Security Grant Program 97.067 18-220 0 30,433
Total U.S. Department of Homeland Security 0 1,499,222
Total Federal Financial Assistance 368,322 9,573,067
174
December 9, 2019, Meeting - Item 2CCC Agenda - Page 218
CITY OF EUGENE, OREGON
Notes to Schedule of Expenditures of Federal Awards
June 30, 2019
(1) Purpose of the Schedule
The accompanying schedule of expenditures of federal awards (the “Schedule”) is a supplementary schedule to the
City of Eugene’s (City) basic financial statements and is presented for purposes of additional analysis. Because the
Schedule presents only a selected portion of the activities of the City, it is not intended to and does not present either
the financial position, changes in fund balances, or the operating funds’ revenues or expenditures of the City.
(2) Significant Accounting Policies
Basis of Presentation
The information in the Schedule is presented in accordance with the 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 federal assistance, including federal
surplus property, is included in federal financial assistance and, therefore, is reported on the Schedule, if applicable.
Federal financial assistance does not include direct federal cash assistance to individuals. Solicited contracts
between the state and federal government for which the federal government procures tangible goods or services are
not considered to be federal financial assistance.
Major Programs
The Uniform Guidance establishes criteria to be used in defining major federal financial assistance programs. Major
programs for the City are those programs selected for testing by the auditor using a risk-assessment model, as well
as certain minimum expenditure requirements, as outlined in the Uniform Guidance. Programs with similar
requirements may be grouped into a cluster for testing purposes.
Reporting Entity
The reporting entity is fully described in Note 1A to the basic financial statements. Additionally, the Schedule
includes all federal programs administered by the City for the year ended June 30, 2019.
Revenue and Expenditure Recognition
The receipt and expenditure of federal awards are accounted for under the modified accrual basis of accounting.
Revenues are recorded as received in cash or on the accrual basis where measurable and available. Expenditures
are recorded when the liability is incurred.
Indirect Cost Rate
The City has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
175
December 9, 2019, Meeting - Item 2CCC Agenda - Page 219
December 9, 2019, Meeting - Item 2CCC Agenda - Page 220
Attachment B
RESOLUTION NO.
A RESOLUTION ACKNOWLEDGING THE RECEIPT OF THE
COMPREHENSIVE ANNUAL FINANCIAL REPORT OF THE
CITY OF EUGENE FOR THE FISCAL YEAR ENDED
JUNE 30, 2019
The City Council of the City of Eugene finds that:
The firm of Isler CPA has completed the audit of the financial statements of the City of Eugene for
the fiscal year ended June 30, 2019, as required by ORS 297.425 and, pursuant to ORS 297.465, reported to
the Mayor and City Council on its findings.
NOW, THEREFORE,
BE IT RESOLVED by the City Council of the City of Eugene, a Municipal Corporation of the State of
Oregon, as follows:
Section 1. That the Council hereby acknowledges that it has received the Comprehensive Annual
Financial Report for the fiscal year ended June 30, 2019.
The foregoing resolution adopted the 9th day of December 2019.
City Recorder
December 9, 2019, Meeting – Item 2CDecember 9, 2019, Meeting - Item 2CCC Agenda - Page 221
November 8, 2019
To the City Council
City of Eugene, Oregon
We have audited the financial statements of the governmental activities, the business‐type activities,
each major fund, and the aggregate remaining fund information of the City of Eugene for the year ended
June 30, 2019, and have issued our report thereon dated November 8, 2019. Professional standards
require that we provide you with the following information related to our audit.
Our Responsibility under U.S. Generally Accepted Auditing Standards
As stated in our engagement letter dated September 3, 2019, our responsibility, as described by
professional standards, is to express opinions about whether the financial statements prepared by
management with your oversight are fairly presented, in all material respects, in conformity with the
accounting principles generally accepted in the United States. Our audit of the financial statements does
not relieve you or management of your responsibilities.
Planned Scope and Timing of the Audit
We performed the audit according to the planned scope and timing previously communicated to you in
our engagement letter.
Qualitative Aspects of Accounting Practices
Management is responsible for the selection and use of appropriate accounting policies. The significant
accounting policies used by the City of Eugene are described in the footnotes to the financial statements.
We noted no transactions entered into by the City during the year for which there is a lack of
authoritative guidance or consensus.
The financial statements include:
significant pension (OPERS) disclosures – see footnote (5)(C).
tax abatements (GASB 77), see footnote (5)(I).
other post employment benefit obligations (GASB 75) ‐ see footnotes (5)(E) and (5)(F).
Accounting estimates are an integral part of the financial statements prepared by management and are
based on management’s knowledge and experience about past and current events and assumptions
about future events. The most significant estimates affecting the financial statements are the
determination of depreciation on capital assets, the net pension liability estimate and the net other post
employment benefit obligation (OPEB) estimates. The accounting policies relating to capital assets and
depreciation are described in the footnotes to the comprehensive annual financial report. The PERS
footnote (5)(C) includes assumptions used to value the pension obligation and interest rate sensitivity
analysis. Estimate relating to the OPEB obligations are set forth in footnote (5)(E) and (5)(F) to the
financial statements.
RSM US Alliance member firms are separate and independent businesses and legal entities that are responsible for their own
acts and omissions, and each are separate and independent from RSM US LLP. RSM US LLP is the U.S. member firm of RSM
International, a global network of independent audit, tax, and consulting firms. Members of RSM US Alliance have access to
RSM International resources through RSM US LLP but are not member firms of RSM International.
December 9, 2019, Meeting – Item 2C
Attachment C
December 9, 2019, Meeting - Item 2CCC Agenda - Page 222
Difficulties Encountered in Performing the Audit
We encountered no significant difficulties in dealing with management in performing and completing our
audit.
Disagreements with Management
For purposes of this letter, professional standards define a disagreement with management as a financial
accounting, reporting, or auditing matter, whether or not resolved to our satisfaction, that could be
significant to the financial statements or the auditor’s report. We are pleased to report that no such
disagreements arose during the course of our audit.
Management Representations
We have requested certain representations from management that are included in the management
representation letter dated November 8, 2019.
Management Consultations with Other Independent Accountants
In some cases, management may decide to consult with other accountants about auditing and accounting
matters, similar to obtaining a “second opinion” on certain situations. If a consultation involves
application of an accounting principle to the City’s financial statements or a determination of the type of
auditor’s opinion that may be expressed on those statements, our professional standards require the
consulting accountant to check with us to determine that the consultant has all the relevant facts. To our
knowledge, there were no such consultations with other accountants.
Other Audit Findings or Issues
We generally discuss a variety of matters, including the application of accounting principles,
implementation of new accounting standards, and the impact of new auditing standards with
management each year prior to retention as the City’s auditors. However, these discussions occurred in
the normal course of our professional relationship and our responses were not a condition to our
retention.
This information is intended solely for the use of the City Council and management of the City of Eugene
and is not intended to be and should not be used by anyone other than these specified parties.
Very truly yours,
ISLER CPA
By Paul Nielson, a member of the firm
December 9, 2019, Meeting – Item 2CDecember 9, 2019, Meeting - Item 2CCC Agenda - Page 223
Attachment D
Information on General Fund, Fund Balance Trends The FY19 Comprehensive Annual Financial Report (CAFR) includes key data related to the General Fund’s Ending Fund Balance. Fund balance information is contained in several places:
•Governmental Funds, Balance Sheet, Exhibit 3, page 25.
•Governmental Funds, Statement of Revenues, Expenditures and Changes in Fund Balance,Exhibit 4, page 26.
•Notes to Basic Financial Statements, Note 1(Q), Fund Balance, pages 43-44.
•General Fund, Schedule of Revenues, Expenditures and Changes in Fund Balance, Budget andActual, Schedule A-1, page 83.Included in these exhibits and schedules is information on the change in the General Fund’s fund balance from the prior year, as well as a breakdown of elements of fund balance.
General Fund Ending Working Capital (Budget Basis) FY19 actual results show an ending working capital (EWC) in the General Fund, reporting fund (including the Main Subfund, Cultural Services Subfund and Equipment Replacement Subfund) of $63,130,039 which is $608,121 less than the FY18 EWC and $2,295,822 more than anticipated for carryover resources in the FY20 Adopted Budget. These figures are reported on a Budget Basis of accounting. The chart below compares FY18 and FY19 EWC for the General Fund (Budget Basis). General Fund Cultural EquipmentEnding Working Capital Services Replacement Total ReportingBudget Basis Main Subfund Subfund Subfund Fund *FY18 60,717,897 2,337,826 682,437 $63,738,160FY1959,363,603 2,988,286 778,150 63,130,039Change(1,354,294) 650,460 95,713 (608,121)
General Fund Ending Fund Balance (GAAP Basis) GAAP results differ from budget basis results because the budget is created on a modified accrual basis while GAAP rules are slightly different in terms of when revenues and expenditures are recognized. The chart below compares FY18 and FY19 EWC for the General Fund (GAAP Basis). General Fund Cultural EquipmentEnding Working Capital Services Replacement Total ReportingGAAP Basis Main Subfund Subfund Subfund Fund *FY18 61,941,340 2,313,552 679,283 $64,934,175FY1961,245,130 3,003,994 779,982 65,029,106Change(696,210) 690,442 100,699 94,931*Source: CAFR A-1, page 89 (FY18). *Source: CAFR A-1, page 83 (FY19).
December 9, 2019, Meeting – Item 2CDecember 9, 2019, Meeting - Item 2CCC Agenda - Page 224
General Fund Ending Balance Classifications The General Fund Ending Fund Balances for FY18 and FY19 are shown below according to the classifications in the CAFR. This chart shows the components of the Ending Fund Balance and how they have changed from FY18 to FY19. General Fund Ending Balance Classifications (FY18 and FY19) Category Item Explanation FY18 FY19 Non-Spendable Prepaids and deposits have already been paid out and are not available for other spending $1,512,034 $1,730,503 Restricted Cultural Services From Transient Room Tax; must be spent according to state law. 921,003 1,093,903
Assigned Unappropriated Ending Fund Balance Pay bills and payroll until property taxes are received in November; set at 2 months of expenditures per Council policy 25,990,000 27,160,000
Cultural Services Prudent reserve for operation of Hult Center, etc. 1,392,549 1,910,091 Reserve for Encumbrance Contracts that were in effect but not complete as of June 30 1,940,790 2,538,610 Other Reserves For property tax appeals, excess local marijuana, and equipment replacement 1,000,097 624,128
Unassigned Reserve for Revenue Shortfall Prudent reserve for the General Fund; target is 8% of expenditures 20,529,818 28,645,079 Reserve for Next Year’s Spending Used to balance the subsequent year’s budget 227,017 (1,915,215)
Other Comprised of a) marginal BWC adjustment that is appropriated on supplemental budget #1 in December of the subsequent year and b) GAAP timing differences 11,420,867 3,242,007
Total Fund Balance $64,934,175 $65,029,106 Source: CAFR Exhibit 3, page 29, and CAFR Note (1)(Q), page 47-48 (FY18). Source: CAFR Exhibit 3, page 25, and CAFR Note (1)(Q), page 43-44 (FY19).
December 9, 2019, Meeting – Item 2CDecember 9, 2019, Meeting - Item 2CCC Agenda - Page 225
CC Agenda - Page 226
December 9, 2019, Meeting – Item 2D
EUGENE CITY COUNCIL
AGENDA ITEM SUMMARY
Approval of Sustainability Commission Work Plan Meeting Date: December 9, 2019 Agenda Item Number: 2D Department: Central Services Staff Contact: Mark Nystrom
www.eugene-or.gov Contact Telephone Number: 541-682-5017
ISSUE STATEMENT The Sustainability Commission presented its FY19 Annual Report and its Proposed Fiscal Year 2020 Work Plan on November 12 with no action taken. The Commission requests City Council approve its FY20 Work Plan.
BACKGROUND
FY19 Annual Report Summary The Commission sent five proposals to City Council in FY19 and provided public comment in support of those proposals. The topic of each proposal is listed below. City Council approved work sessions for the proposals regarding single-use plastics and the polystyrene ban. Council took action that aligned with Commission requests on the following items: single-use plastics and polystyrene products, and has deliberated the Northwest Natural Gas franchise agreement. In addition, the City has seen major programmatic advances in the area of food waste with the rollout of curbside composting.
Proposals Sent to City Council 1.Single-use plastics letter (October 2018)2.Northwest Natural Gas franchise agreement recommendations (November 2018)3.Recommended process for determining how to regulate natural gas (April 2019)4.Food waste committee recommendations (May 2019)5.Follow-up letter on single-use plastics urging action on polystyrene (June 2019)
FY19 Work Plan Summary The FY19 Work Plan includes six overarching topics areas:
1.Outreach
a.Outreach/Engagement Pilot. Develop a strategy to increase engagement withtraditionally-underrepresented populations in Eugene.
b.Business Outreach. Search for opportunities to collaborate with Eugene’s businesscommunity to facilitate better understanding of sustainable business practices.
2.CAP2.0/Climate Mitigation Policy Input. Plan and carry out strategies to educate thecommunity about the CAP 2.0. Review the content of the CAP 2.0 process, policies, actions and
CC Agenda - Page 227
December 9, 2019, Meeting – Item 2D
projected outcomes, and provide feedback to Sustainability staff and/or City Council on the following topics.
a.Transportation System Plan Implementation (active transit and electric vehicles).
b.Energy Used in Building Policies
c.Waste Reduction Policy
d.Urban Forestry
3.Climate Resiliency. Review Eugene wildfire and smoke inundation preparedness andmitigation measures.
4.FY19 Follow-Up of Proposals Sent to City Council. The Commission plans to follow up on allitems sent to City Council in FY19 that City Council has not taken action on.
5.Further Research. The Commission will research air quality, Envision Eugene and urbanreserves, track and field events policy, aerial spraying, and dietary choices and climate change.
6.Emerging Issues. This item gives the Commission the flexibility to address unforeseen, butimportant sustainability-related items presented by the Mayor, City Council, City Manager,Commissioners, or the public.
PREVIOUS COUNCIL DIRECTION None.
COUNCIL OPTIONS 1. Approve the FY20 Work Plan.2. Approve the FY20 Work Plan with amendments.3. Ask the Commission to revise its FY20 Work Plan and return on a later date.4. Not approve the FY20 Work Plan.
CITY MANAGER’S RECOMMENDATION The City Manager recommends approval the FY20 Sustainability Commission Work Plan.
SUGGESTED MOTION Move to approve the Fiscal Year 2020 Sustainability Commission Work Plan.
ATTACHMENTS A.FY19 Sustainability Commission Annual ReportB.FY20 Sustainability Commission Work Plan
FOR MORE INFORMATION Staff Contact: Mark Nystrom Telephone: 541-682-5017Staff E-Mail: mnystrom@eugene-or.gov
CC Agenda - Page 228
Annual Report-Fiscal Year 2019
Introduction
On November 19, 2018, the Sustainability Commission presented its fiscal year 2019 (FY19) Work
Plan to City Council. The FY19 Work Plan reflected the Commission’s intent to work on issues in five
specific areas, while also allowing for flexibility to address issues as they came up.
The priority topics included:
City Council Engagement
CAP2.0 Outreach and Policy Input
Waste Reduction Policy
Transportation System Plan (TSP) Implementation
Biophilic Design
Neighborhood Preparedness
Natural Gas
FY19 Work Plan Progress
Progress on the six priority topic areas presented in the FY18 Work Plan was significant. A detailed
accounting on each item on the Work Plan is included at the end of this document. A summary of
accomplishments is included here.
Commission sent five proposals to City Council. The Commission sent five proposals to City
Council in FY19 and provided public comment in support of those proposals. The topic of each
proposal is listed below. City Council approved work sessions for the proposals regarding single
use plastics and the polystyrene ban. Council took action that aligned with the Commission
requests on the following items: single use plastics and on polystyrene products and has
deliberated the Northwest Natural Gas franchise agreement. In addition, the City has seen major
programmatic advances in the area of food waste with the roll out of curbside composting.
Single use plastics letter (October 2018)
Northwest Natural Gas franchise agreement recommendations (November 2018)
Recommended process for determining how to regulate natural gas (April 2019)
Food waste committee recommendations (May 2019)
Follow-up letter on single use plastics urging action on polystyrene (June 2019)
Engagement in the Climate Action Plan 2.0 Process. The Commission is tracking the CAP2.0
project, looking for ways to contribute through review of the gap strategies. Members of the
Commission attended many of the second round of Large Lever Shareholder Meetings in the fall
of 2018. The Commission formed a Committee to review the gaps strategies. This work is in
progress.
Building Capacity. In June 2019, the Commission adopted new Working Agreements that
address how to deliberate time-sensitive topics. The previous Working Agreements had improved
the efficiency of the Commission but left little flexibility when time-sensitive issues arose. These
improvements will provide the Commission more flexibility in the future.
ATTACHMENT A
December 9, 2019, Meeting – Item 2DCC Agenda - Page 229
FY19 Work Plan Detailed Review
The following table includes an update on progress on each item included in the FY19 Work Plan.
1.City Council Engagement
City Council Engagement The Commission set a goal of developing a
strategy to increase engagement with City
Council. Individual members conducted
interviews with selected City Councilors to
determine what strategies worked best with
them. The Commission is attempting to
implement these best practices.
2. Climate Change Policy
CAP2.0 Outreach and Policy Input Several members of the Commission attended
the Fall 2018 Large Lever Shareholder
meetings. The Commission formed a CAP2.0
review committee that reviewed the Gaps
Strategies document. This work is ongoing, and
feedback is expected in the coming months.
Waste Reduction Policy The Commission penned two letters for the City
Council urging them to enact a single-use plastic
ban and a polystyrene ban. The single-use ban
was enacted, and the polystyrene ban will be in
front of the Council in November. The
Commission also discussed food waste
reduction and supported the Waste Prevention
and Green Building’s curb side composting
program. The food waste work is ongoing.
Transportation System Plan (TSP)
Implementation
The Commission created a TSP Review
Committee and met with City staff to discuss the
progress. This work is ongoing.
Biophilic Design This work was tabled and remains so at this
time.
Neighborhood Preparedness The Commission received a presentation from
the Emergency Management team staff and
were impressed with the City’s efforts on this
topic.
Natural Gas The Natural Gas Committee of the Sustainability
Commission provided two letters to the City
Council with recommendations on updating the
Northwest Natural Gas Franchise agreement
and how to regulate natural gas use in Eugene.
This work is ongoing as part of the CAP2.0
review.
3. Emerging Issues
Address unforeseen, but important
sustainability-related items presented by the
Mayor, City Council, City Manager,
Commissioners, or the public, in accordance
with the Commission’s adopted operating
procedures.
The Commission addressed many emerging
issues, all noted in the sections above.
December 9, 2019, Meeting – Item 2DCC Agenda - Page 230
Work Plan-Fiscal Year 2020
Overview
The Commission serves as an advisory body to the City Council and City Manager in the
development or initiation of programs or actions that will enhance and create sustainable practices
within the City and the community. The Commission focuses on the Triple Bottom Line aspects of
sustainability - social equity, environmental health and economic prosperity, and advises on policy
matters related to:
a)sustainable practices
b)businesses that produce sustainable products and services
c)City building design and infrastructure
d)related issues that directly affect sustainability efforts considered by the council
Core Priorities/Work Items
This Fiscal Year 2020 (FY20) work plan emphasizes core priorities, flexibility, and engagement. The
core priorities guide the Commissions focal areas for on-going policy discussion, analysis, and
ultimately recommendations to the City Council.
The proposed core priorities and specific policy issues for the Commission in FY20 are the following.
1. Outreach
a.Outreach/Engagement Pilot. Develop a strategy to increase engagement with
traditionally underrepresented populations in Eugene. The development of the strategy
should include planning for meetings outside of the Atrium building and engaging with
community partners to develop an effective outreach program.
b.Business Outreach. Search for opportunities to collaborate with Eugene’s business
community to facilitate better understanding of sustainable business practices. Help
promote and share actions successfully implemented by Eugene businesses.
2.CAP2.0/Climate Mitigation Policy Input. Plan and carry out strategies to educate the
community, including neighborhood associations, about the CAP 2.0 Project and solicit community
input and involvement around a variety of topics including consumption. Coordinate with Lane
County’s emerging sustainability efforts and review other climate action plans. Review the content
of the CAP 2.0 process, policies, actions and projected outcomes, and provide feedback to
Sustainability staff and/or City Council.
a.Transportation System Plan (TSP) Implementation (Active Transit and EVs).
Proactively seek opportunities to collaboratively assist City staff as it develops
implementation strategies for the TSP that will align proposed projects with the Climate
Recovery Ordinance.
b.Energy Used in Building Policies. Investigate best practices for equitably reducing
carbon emissions associated with building energy use in the commercial, industrial, and
residential sectors. This work will include natural gas use and the City’s franchise
agreement/other avenues. Look for triple bottom-line solutions that are most cost effective.
c.Waste Reduction Policy. Research policy options to continue to further restrict non-
reusable fast food packaging such as straws, cups, clamshell packaging, Styrofoam
packaging; prohibit some items or require surcharge, encourage re-usable service ware,
ATTACHMENT B
December 9, 2019, Meeting – Item 2DCC Agenda - Page 231
packaging. Review Eugene’s food waste initiatives and explore ways to extend and
enhance them.
d.Urban Forestry/HB2001. Investigate the interactions between urban forestry and the new
requirements for housing density spelled out in Oregon House Bill 2001 (2019). Research
how increasing density can be done in a way that complements increasing canopy cover
proposed by the urban forestry program.
3.Climate Resiliency. Review Eugene wildfire and smoke inundation preparedness and mitigation
measures. Review City action to foster general neighborhood disaster preparedness,
neighborhood organization and communication and collaborate with staff to further these actions.
4.FY19 Follow-Up of Proposals Sent to City Council
a.Single Use Plastics. Monitor City Council actions to ensure that the polystyrene ban goes
into effect. Look at other avenues to reduce single use plastics through the Waste
Reduction Policy Committee.
b.Northwest Natural Franchise Agreement. Continue to monitor and advise on the
Northwest Natural Franchise Agreement City Council Discussion. Respond to updates
through the CAP2.0 Buildings and Energy Committee.
c.Electric Vehicle Ready Homes. Monitor Action at State Level to ensure appropriate
progress is made to address the issue.
d.Home Energy Scoring Requirement for Home Sales and Rentals. Work with staff to
identify a work session date.
e.Tiny and small houses. Monitor Council action to address housing issues including the
need for tiny and small houses.
f.Riverfront Property. Continue to monitor the Riverfront property development.
5.Areas for further research
a.Air Quality. Research factors impacting air quality problems in Eugene. Look for solutions
that the City can implement and that are sustainable which would improve air quality.
b.Envision Eugene and Urban Reserves. As the City continues to identify areas for urban
reserves research how this can be done keeping sustainability in mind.
c.Track and Field events policy. The City of Eugene will be hosting two major track and
field events over the next two years. Research how these events can be sustainable as
possible and provide input.
d.Aerial spraying. Research if the City has any regulatory authority to regulate aerial
spraying within the City’s watershed.
e.Dietary Choices and Climate Change. Investigate the impacts of dietary choices on
climate change and how to best communicate these findings.
6.Emerging Issues. Address unforeseen, but important sustainability-related items presented by
the Mayor, City Council, City Manager, Commissioners, or the public, in accordance with the
Commission’s adopted operating procedures.
Outcomes
Provide policy recommendations to Eugene City Council.
Provide a forum for addressing public concerns related to sustainable policies and practices.
Provide input to City Council and City Manager on sustainability policies and practices that reflect
community values.
December 9, 2019, Meeting – Item 2DCC Agenda - Page 232
December 9, 2019, Meeting – Item 3
EUGENE URBAN RENEWAL AGENCY
AGENDA ITEM SUMMARY
Action: A Resolution Acknowledging Receipt of the Annual Financial Report of the Urban Renewal Agency of the City of Eugene for the Fiscal Year Ended June 30, 2019 Meeting Date: December 9, 2019 Agenda Item Number: 3 Department: Central Services Staff Contact: Finn Cronin
www.eugene-or.gov Contact Telephone Number: 541-682-5394
ISSUE STATEMENT This is a resolution acknowledging receipt of the Annual Financial Report of the Urban Renewal Agency of the City of Eugene for the fiscal year ended June 30, 2019. This resolution demonstrates compliance with Oregon Revised Statute 297.465(2), which requires that a copy of the Agency’s financial report, containing a signed expression of opinion, be furnished to each member of the governing body. The resolution is included as Attachment B.
BACKGROUND Under Oregon Municipal Audit Law, the Agency is required each fiscal year to contract with an authorized accounting firm for the audit of its accounts and fiscal affairs (ORS 297.425). The regional firm of Isler CPA has completed the audit of the Agency’s annual financial report for the fiscal year ended June 30, 2019, and issued an unmodified opinion (also known as a "clean opinion") on the basic financial statements. The key components of the audit results are the two auditors' reports on pages 3–5 and pages 43–44.In the first report, the auditors have issued an unmodified opinion on the Agency’s basicfinancial statements, indicating that the Agency has prepared the statements in conformity withgenerally accepted accounting principles. GAAP for state and local governments is promulgated bythe Governmental Accounting Standards Board to ensure consistency in accounting andcomparability in financial reporting among state and local governments. A clean opinion is afundamental financial goal for every government as it represents the highest level of opinion agovernment can receive from its independent auditors. A clean opinion is an important indicatorof sound financial management and creditworthiness to the citizens, other governmentaljurisdictions (state and federal), credit rating agencies, investment bankers, bond holders, andother private sector entities. For policy makers, a clean opinion means that the information in theAnnual Financial Report is accurate and reliable.In the second report, the auditors address the Agency’s compliance with applicable provisions of Oregon Revised Statutes, including requirements related to debt, deposit of public funds, prepara-tion and adoption of the budget, accounting records, related internal control structure, etc. The auditors noted that nothing came to their attention that caused them to believe that the Agency was not in compliance with state regulations. The auditors conduct the audit of the Agency’s basic
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December 9, 2019, Meeting – Item 3
financial statements in accordance with generally accepted auditing standards and the Minimum Standards for Audits of Oregon Municipal Corporations. Management is responsible for the information contained in, and the preparation of, the Agency’s financial statements. To effectively fulfill this responsibility and contain the cost of auditor services, staff devotes significant effort to the closing of accounting records, the preparation of schedules and audit work papers, and the production of the Annual Financial Report. This also results in staff expertise being developed on specific financial and service issues that can then be used to assist departments and other pertinent parties.
PREVIOUS BOARD DIRECTION None.
BOARD OPTIONS None.
AGENCY DIRECTOR’S RECOMMENDATION The Agency Director recommends adoption of the Resolution.
SUGGESTED MOTION Move to adopt a resolution acknowledging receipt of the Annual Financial Report for the Urban Renewal Agency of the City of Eugene for the fiscal year ended June 30, 2019.
ATTACHMENTS A.URA Annual Financial ReportB. Resolution
FOR MORE INFORMATION Staff Contact: Finn Cronin Telephone: 541-682-5394Staff E-Mail: FCronin@eugene-or.gov
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URBAN RENEWAL AGENCY
A Component Unit of the City of Eugene, Oregon
Annual Financial Report
Fiscal Year Ended
June 30, 2019
ATTACHMENT A
December 9, 2019, Meeting - Item 3CC Agenda - Page 235
December 9, 2019, Meeting - Item 3CC Agenda - Page 236
URBAN RENEWAL AGENCY
A Component Unit of the City of Eugene, Oregon
Annual Financial Report
Fiscal Year Ended June 30, 2019
(With Independent Auditors’ Report Thereon)
Report Prepared by the City of Eugene
Finance Division
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December 9, 2019, Meeting - Item 3CC Agenda - Page 238
i
URBAN RENEWAL AGENCY OF THE CITY OF EUGENE, OREGON
Annual Financial Report
Year Ended June 30, 2019
Table of Contents
Exhibit/
Schedule Page(s)
Principal Officials 1
Independent Auditors’ Report 3 - 5
Management’s Discussion and Analysis 7 - 11
Basic Financial Statements:
Government-wide Financial Statements:
Statement of Net Position 1 15
Statement of Activities 2 16
Fund Financial Statements:
Balance Sheet - Governmental Funds 3 17
Statement of Revenues, Expenditures, and Changes in Fund
Balances - Governmental Funds 4 18
Reconciliation of the Statement of Revenues, Expenditures, and
Changes in Fund Balances of Governmental Funds to the
Statement of Activities 5 19
Notes to Basic Financial Statements 21 - 28
Required Supplementary Information:
Schedules of Revenues, Expenditures, and Changes in
Fund Balance - Budget and Actual:
General Fund A – 1 31
Riverfront Special Revenue Fund A – 2 32
Other Supplementary Information:
Schedules of Revenues, Expenditures, and Changes in
Fund Balance - Budget and Actual:
Debt Service Fund B – 1 35
Capital Projects Fund B – 2 36
Riverfront Capital Projects Fund B – 3 37
Riverfront Program Revenue Fund B – 4 38
December 9, 2019, Meeting - Item 3CC Agenda - Page 239
ii
URBAN RENEWAL AGENCY OF THE CITY OF EUGENE, OREGON
Annual Financial Report
Year Ended June 30, 2019
Table of Contents, continued
Exhibit/
Schedule Page(s)
Audit Comments and Disclosures:
Independent Auditors’ Report Required by Oregon State Regulations 43 - 44
December 9, 2019, Meeting - Item 3CC Agenda - Page 240
URBAN RENEWAL AGENCY OF THE CITY OF EUGENE, OREGON
Principal officials as of June 30, 2019
Name Term Expires
Mayor: Lucy Vinis January 2021
Board
Members: Emily Semple January 2021
Betty Taylor January 2021
Alan Zelenka January 2023
Jennifer Yeh January 2023
Mike Clark January 2023
Greg Evans January 2023
Claire Syrett January 2021
Chris Pryor January 2021
Director: Jon R. Ruiz
1
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2
December 9, 2019, Meeting - Item 3CC Agenda - Page 242
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ƚŚĞ ĨŝŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ͘ dŚĞ ƉƌŽĐĞĚƵƌĞƐ ƐĞůĞĐƚĞĚ ĚĞƉĞŶĚ ŽŶ ƚŚĞĂƵĚŝƚŽƌ͛ƐũƵĚŐŵĞŶƚ͕ŝŶĐůƵĚŝŶŐƚŚĞ
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ĞƐƚŝŵĂƚĞƐ ŵĂĚĞ ďLJ ŵĂŶĂŐĞŵĞŶƚ͕ ĂƐ ǁĞůů ĂƐ ĞǀĂůƵĂƚŝŶŐ ƚŚĞ ŽǀĞƌĂůů ƉƌĞƐĞŶƚĂƚŝŽŶ ŽĨ ƚŚĞ ĨŝŶĂŶĐŝĂů
ƐƚĂƚĞŵĞŶƚƐ͘
tĞďĞůŝĞǀĞƚŚĂƚƚŚĞĂƵĚŝƚĞǀŝĚĞŶĐĞǁĞŚĂǀĞŽďƚĂŝŶĞĚŝƐƐƵĨĨŝĐŝĞŶƚĂŶĚĂƉƉƌŽƉƌŝĂƚĞƚŽƉƌŽǀŝĚĞĂďĂƐŝƐĨŽƌ
ŽƵƌĂƵĚŝƚŽƉŝŶŝŽŶƐ͘
RSM US Alliance member firms are separate and independent businesses and legal entities that are responsible for their own
acts and omissions, and each are separate and independent from RSM US LLP. RSM US LLP is the U.S. member firm of RSM
International, a global network of independent audit, tax, and consulting firms. Members of RSM US Alliance have access to
RSM International resources through RSM US LLP but are not member firms of RSM International.3
December 9, 2019, Meeting - Item 3CC Agenda - Page 243
KƉŝŶŝŽŶƐ
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ŐĞŶĐLJĂƐŽĨ:ƵŶĞϯϬ͕ϮϬϭϵ͕ĂŶĚƚŚĞƌĞƐƉĞĐƚŝǀĞĐŚĂŶŐĞƐŝŶĨŝŶĂŶĐŝĂůƉŽƐŝƚŝŽŶĨŽƌƚŚĞLJĞĂƌƚŚĞŶĞŶĚĞĚŝŶ
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KƚŚĞƌDĂƚƚĞƌƐ
ZĞƋƵŝƌĞĚ^ƵƉƉůĞŵĞŶƚĂƌLJ/ŶĨŽƌŵĂƚŝŽŶ
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ĚŝƐĐƵƐƐŝŽŶĂŶĚĂŶĂůLJƐŝƐ;͞DΘ͟ͿŽŶƉĂŐĞƐϳƚŚƌŽƵŐŚϭϭĂŶĚƚŚĞďƵĚŐĞƚĂƌLJĐŽŵƉĂƌŝƐŽŶŝŶĨŽƌŵĂƚŝŽŶĨŽƌ
ƚŚĞ'ĞŶĞƌĂů&ƵŶĚĂŶĚZŝǀĞƌĨƌŽŶƚ^ƉĞĐŝĂůZĞǀĞŶƵĞ&ƵŶĚŽŶƉĂŐĞƐϯϭĂŶĚϯϮďĞƉƌĞƐĞŶƚĞĚƚŽƐƵƉƉůĞŵĞŶƚ
ƚŚĞ ďĂƐŝĐ ĨŝŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ͘ dŚĞ DΘ͕ ĂůƚŚŽƵŐŚ ŶŽƚ Ă ƉĂƌƚ ŽĨ ƚŚĞ ďĂƐŝĐ ĨŝŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ͕ ŝƐ
ƌĞƋƵŝƌĞĚďLJƚŚĞ'ŽǀĞƌŶŵĞŶƚĂůĐĐŽƵŶƚŝŶŐ^ƚĂŶĚĂƌĚƐŽĂƌĚ͕ǁŚŽĐŽŶƐŝĚĞƌƐŝƚƚŽďĞĂŶĞƐƐĞŶƚŝĂůƉĂƌƚŽĨ
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ŚŝƐƚŽƌŝĐĂůĐŽŶƚĞdžƚ͘tĞŚĂǀĞĂƉƉůŝĞĚĐĞƌƚĂŝŶůŝŵŝƚĞĚƉƌŽĐĞĚƵƌĞƐƚŽƚŚĞDΘŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚĂƵĚŝƚŝŶŐ
ƐƚĂŶĚĂƌĚƐ ŐĞŶĞƌĂůůLJ ĂĐĐĞƉƚĞĚ ŝŶ ƚŚĞ hŶŝƚĞĚ ^ƚĂƚĞƐ ŽĨ ŵĞƌŝĐĂ͕ ǁŚŝĐŚ ĐŽŶƐŝƐƚĞĚ ŽĨ ŝŶƋƵŝƌŝĞƐ ŽĨ
ŵĂŶĂŐĞŵĞŶƚ ĂďŽƵƚ ƚŚĞ ŵĞƚŚŽĚƐ ŽĨ ƉƌĞƉĂƌŝŶŐ ƚŚĞ ŝŶĨŽƌŵĂƚŝŽŶ ĂŶĚ ĐŽŵƉĂƌŝŶŐ ƚŚĞ ŝŶĨŽƌŵĂƚŝŽŶ ĨŽƌ
ĐŽŶƐŝƐƚĞŶĐLJǁŝƚŚŵĂŶĂŐĞŵĞŶƚ͛ƐƌĞƐƉŽŶƐĞƐƚŽŽƵƌŝŶƋƵŝƌŝĞƐ͕ƚŚĞďĂƐŝĐĨŝŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ͕ ĂŶĚ ŽƚŚĞƌ
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ĐŽŵƉƌŝƐĞƚŚĞhƌďĂŶZĞŶĞǁĂůŐĞŶĐLJ͛ƐďĂƐŝĐĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐ͘dŚĞďƵĚŐĞƚĂƌLJĐŽŵƉĂƌŝƐŽŶŝŶĨŽƌŵĂƚŝŽŶ
ĨŽƌƚŚĞ'ĞŶĞƌĂů&ƵŶĚĂŶĚZŝǀĞƌĨƌŽŶƚ^ƉĞĐŝĂůZĞǀĞŶƵĞ&ƵŶĚŽŶƉĂŐĞƐϯϭĂŶĚϯϮĂƌĞƉƌĞƐĞŶƚĞĚĨŽƌƉƵƌƉŽƐĞƐ
ŽĨ ĂĚĚŝƚŝŽŶĂů ĂŶĂůLJƐŝƐ ĂŶĚ ĂƌĞ ŶŽƚ Ă ƌĞƋƵŝƌĞĚ ƉĂƌƚ ŽĨ ƚŚĞ ďĂƐŝĐĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐ͘dŚĞďƵĚŐĞƚĂƌLJ
ĐŽŵƉĂƌŝƐŽŶŝŶĨŽƌŵĂƚŝŽŶŝƐƚŚĞƌĞƐƉŽŶƐŝďŝůŝƚLJŽĨŵĂŶĂŐĞŵĞŶƚĂŶĚǁĂƐĚĞƌŝǀĞĚĨƌŽŵĂŶĚƌĞůĂƚĞƐĚŝƌĞĐƚůLJƚŽ
ƚŚĞ ƵŶĚĞƌůLJŝŶŐ ĂĐĐŽƵŶƚŝŶŐ ĂŶĚ ŽƚŚĞƌ ƌĞĐŽƌĚƐ ƵƐĞĚ ƚŽ ƉƌĞƉĂƌĞ ƚŚĞ ďĂƐŝĐ ĨŝŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ͘ ^ƵĐŚ
ŝŶĨŽƌŵĂƚŝŽŶŚĂƐďĞĞŶƐƵďũĞĐƚĞĚƚŽƚŚĞĂƵĚŝƚŝŶŐƉƌŽĐĞĚƵƌĞƐĂƉƉůŝĞĚŝŶƚŚĞĂƵĚŝƚŽĨƚŚĞďĂƐŝĐĨŝŶĂŶĐŝĂů
ƐƚĂƚĞŵĞŶƚƐ ĂŶĚ ĐĞƌƚĂŝŶ ĂĚĚŝƚŝŽŶĂů ƉƌŽĐĞĚƵƌĞƐ͕ ŝŶĐůƵĚŝŶŐ ĐŽŵƉĂƌŝŶŐ ĂŶĚ ƌĞĐŽŶĐŝůŝŶŐ ƐƵĐŚ ŝŶĨŽƌŵĂƚŝŽŶ
ĚŝƌĞĐƚůLJƚŽƚŚĞƵŶĚĞƌůLJŝŶŐĂĐĐŽƵŶƚŝŶŐĂŶĚŽƚŚĞƌƌĞĐŽƌĚƐƵƐĞĚƚŽƉƌĞƉĂƌĞƚŚĞďĂƐŝĐĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐŽƌ
ƚŽƚŚĞďĂƐŝĐĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐƚŚĞŵƐĞůǀĞƐ͕ĂŶĚŽƚŚĞƌĂĚĚŝƚŝŽŶĂůƉƌŽĐĞĚƵƌĞƐŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚĂƵĚŝƚŝŶŐ
ƐƚĂŶĚĂƌĚƐŐĞŶĞƌĂůůLJĂĐĐĞƉƚĞĚŝŶƚŚĞhŶŝƚĞĚ^ƚĂƚĞƐŽĨŵĞƌŝĐĂ͘/ŶŽƵƌŽƉŝŶŝŽŶ͕ƚŚĞďƵĚŐĞƚĂƌLJĐŽŵƉĂƌŝƐŽŶ
ŝŶĨŽƌŵĂƚŝŽŶŝƐĨĂŝƌůLJƐƚĂƚĞĚ͕ŝŶĂůůŵĂƚĞƌŝĂůƌĞƐƉĞĐƚƐ͕ŝŶƌĞůĂƚŝŽŶƚŽƚŚĞďĂƐŝĐĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐĂƐĂ
ǁŚŽůĞ͘
KƚŚĞƌ/ŶĨŽƌŵĂƚŝŽŶ
KƵƌĂƵĚŝƚǁĂƐĐŽŶĚƵĐƚĞĚĨŽƌƚŚĞƉƵƌƉŽƐĞŽĨĨŽƌŵŝŶŐŽƉŝŶŝŽŶƐŽŶƚŚĞĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐƚŚĂƚĐŽůůĞĐƚŝǀĞůLJ
ĐŽŵƉƌŝƐĞƚŚĞhƌďĂŶZĞŶĞǁĂůŐĞŶĐLJ͛ƐďĂƐŝĐĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐ͘dŚĞŽƚŚĞƌƐƵƉƉůĞŵĞŶƚĂƌLJŝŶĨŽƌŵĂƚŝŽŶ
;ƉĂŐĞƐϯϱƚŚƌŽƵŐŚϯϴͿŝƐƉƌĞƐĞŶƚĞĚĨŽƌƉƵƌƉŽƐĞƐŽĨĂĚĚŝƚŝŽŶĂůĂŶĂůLJƐŝƐĂŶĚŝƐŶŽƚĂƌĞƋƵŝƌĞĚƉĂƌƚŽĨƚŚĞ
ĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐ͘
dŚŝƐŝŶĨŽƌŵĂƚŝŽŶŝƐƚŚĞƌĞƐƉŽŶƐŝďŝůŝƚLJŽĨŵĂŶĂŐĞŵĞŶƚĂŶĚǁĂƐĚĞƌŝǀĞĚĨƌŽŵĂŶĚƌĞůĂƚĞƐĚŝƌĞĐƚůLJƚŽƚŚĞ
ƵŶĚĞƌůLJŝŶŐĂĐĐŽƵŶƚŝŶŐĂŶĚŽƚŚĞƌƌĞĐŽƌĚƐƵƐĞĚƚŽƉƌĞƉĂƌĞƚŚĞĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐ͘^ƵĐŚŝŶĨŽƌŵĂƚŝŽŶŚĂƐ
ďĞĞŶƐƵďũĞĐƚĞĚƚŽƚŚĞĂƵĚŝƚŝŶŐƉƌŽĐĞĚƵƌĞƐĂƉƉůŝĞĚŝŶƚŚĞĂƵĚŝƚŽĨƚŚĞďĂƐŝĐĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐĂŶĚ
ĐĞƌƚĂŝŶ ĂĚĚŝƚŝŽŶĂů ƉƌŽĐĞĚƵƌĞƐ͕ ŝŶĐůƵĚŝŶŐ ĐŽŵƉĂƌŝŶŐ ĂŶĚ ƌĞĐŽŶĐŝůŝŶŐ ƐƵĐŚ ŝŶĨŽƌŵĂƚŝŽŶ ĚŝƌĞĐƚůLJ ƚŽ ƚŚĞ
ƵŶĚĞƌůLJŝŶŐĂĐĐŽƵŶƚŝŶŐĂŶĚŽƚŚĞƌƌĞĐŽƌĚƐƵƐĞĚƚŽƉƌĞƉĂƌĞƚŚĞďĂƐŝĐĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐŽƌƚŽƚŚĞďĂƐŝĐ
ĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐƚŚĞŵƐĞůǀĞƐ͕ĂŶĚŽƚŚĞƌĂĚĚŝƚŝŽŶĂůƉƌŽĐĞĚƵƌĞƐŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚĂƵĚŝƚŝŶŐƐƚĂŶĚĂƌĚƐ
ŐĞŶĞƌĂůůLJĂĐĐĞƉƚĞĚŝŶƚŚĞhŶŝƚĞĚ^ƚĂƚĞƐŽĨŵĞƌŝĐĂ͘/ŶŽƵƌŽƉŝŶŝŽŶ͕ƚŚĞŽƚŚĞƌƐƵƉƉůĞŵĞŶƚĂƌLJŝŶĨŽƌŵĂƚŝŽŶ
;ƉĂŐĞƐϯϱƚŚƌŽƵŐŚϯϴͿŝƐĨĂŝƌůLJƐƚĂƚĞĚ͕ŝŶĂůůŵĂƚĞƌŝĂůƌĞƐƉĞĐƚƐ͕ŝŶƌĞůĂƚŝŽŶƚŽƚŚĞĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐĂƐĂ
ǁŚŽůĞ͘
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December 9, 2019, Meeting - Item 3CC Agenda - Page 244
ZĞƉŽƌƚŽŶŽƚŚĞƌ>ĞŐĂůĂŶĚZĞŐƵůĂƚŽƌLJZĞƋƵŝƌĞŵĞŶƚƐ
/ŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚƚŚĞDŝŶŝŵƵŵ^ƚĂŶĚĂƌĚƐĨŽƌƵĚŝƚƐŽĨKƌĞŐŽŶDƵŶŝĐŝƉĂůŽƌƉŽƌĂƚŝŽŶƐ͕ǁĞŚĂǀĞŝƐƐƵĞĚ
ŽƵƌƌĞƉŽƌƚĚĂƚĞĚEŽǀĞŵďĞƌϴ͕ϮϬϭϵŽŶŽƵƌĐŽŶƐŝĚĞƌĂƚŝŽŶŽĨƚŚĞhƌďĂŶZĞŶĞǁĂůŐĞŶĐLJ͛ƐĐŽŵƉůŝĂŶĐĞǁŝƚŚ
ĐĞƌƚĂŝŶƉƌŽǀŝƐŝŽŶƐŽĨůĂǁƐĂŶĚƌĞŐƵůĂƚŝŽŶƐ͕ŝŶĐůƵĚŝŶŐƚŚĞƉƌŽǀŝƐŝŽŶƐŽĨKƌĞŐŽŶZĞǀŝƐĞĚ^ƚĂƚƵƚĞƐĂƐƐƉĞĐŝĨŝĞĚ
ŝŶKƌĞŐŽŶĚŵŝŶŝƐƚƌĂƚŝǀĞZƵůĞƐ͘dŚĞƉƵƌƉŽƐĞŽĨƚŚĂƚƌĞƉŽƌƚŽŶƉĂŐĞƐϰϯƚŽϰϰŝƐƚŽĚĞƐĐƌŝďĞƚŚĞƐĐŽƉĞŽĨ
ŽƵƌƚĞƐƚŝŶŐŽĨĐŽŵƉůŝĂŶĐĞĂŶĚƚŚĞƌĞƐƵůƚƐŽĨƚŚĂƚƚĞƐƚŝŶŐĂŶĚŶŽƚƚŽƉƌŽǀŝĚĞĂŶŽƉŝŶŝŽŶŽŶĐŽŵƉůŝĂŶĐĞ͘
/^> ZW
LJ͗WĂƵůEŝĞůƐŽŶ͕W͕ĂŵĞŵďĞƌŽĨƚŚĞĨŝƌŵ
ƵŐĞŶĞ͕KƌĞŐŽŶ
EŽǀĞŵďĞƌϴ͕ϮϬϭϵ
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December 9, 2019, Meeting - Item 3CC Agenda - Page 246
Management’s Discussion and Analysis
The management of the Urban Renewal Agency (Agency), a component unit of the City of Eugene, Oregon (City)
presents this narrative overview and analysis to facilitate both a short and a long-term analysis of the financial
activities of the Agency for the fiscal year ended June 30, 2019 (FY19). This Management’s Discussion and
Analysis (MD&A) is based on currently known facts, decisions, and conditions that existed as of the date of the
independent auditors’ report. For project level and general Agency background information, see the City’s FY20
adopted budget.
Financial Highlights
The net position of the Agency (assets less liabilities) at June 30, 2019 was $28,110,616. Of this amount,
$23,391,069 was unrestricted, subject to Agency fund limitations.
At June 30, 2019, the Agency’s governmental funds combined ending fund balances was $20,991,444. Of
that amount, $3,058,799 represents assets held for resale and is not spendable, while the remaining balance
of $17,932,645 is available for spending at the Agency’s discretion, subject to fund limitations.
The General Fund’s fund balance was $2,510,380 at the end of FY19. General Fund expenditures for FY19
were $1,481,332. The General Fund contains operations for the Downtown District.
Overview of the Financial Statements
The following discussion and analysis is intended to serve as an introduction to the Agency’s basic financial
statements. The Agency’s basic financial statements are comprised of three components:
1. Government-wide financial statements
2.Fund financial statements
3. Notes to the basic financial statements
Government-wide financial statements. The government-wide financial statements are designed to provide
readers with a broad overview of the Agency’s finances, in a manner similar to a private-sector business.
The Statement of Net Position presents information on all of the Agency’s assets and liabilities, with the difference
between the two reported as net position. Over time, increases or decreases in net position may serve as a
useful indicator of whether the financial position of the Agency is improving or deteriorating.
The Statement of Activities presents information showing how the Agency’s net position changed during the most
recent fiscal year. All changes in net position are reported as soon as 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 that will only result in cash flows in future fiscal periods. Examples of such items
include earned, but uncollected, property taxes.
The Agency focuses on planning and development activities within the boundaries of the two urban renewal
districts in the City of Eugene. Both government-wide financial statements provide information on these activities,
which is supported mainly by property taxes.
The government-wide financial statements can be found on Exhibits 1 and 2 of this report.
Fund financial statements. A fund is a grouping of related accounts that is used to maintain control over
resources that have been segregated for specific activities or objectives. The Agency uses fund accounting to
ensure and demonstrate compliance with finance-related legal requirements. All of the funds of the Agency are
governmental funds.
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December 9, 2019, Meeting - Item 3CC Agenda - Page 247
Governmental funds. Governmental funds are used to account for activities where emphasis is placed on
available financial resources, rather than upon net income determination. Therefore, unlike the government-wide
financial statements, governmental fund financial statements focus on the acquisition and use of current
spendable resources, as well as on balances of spendable resources available at the end of the fiscal year.
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 financial decisions. Both the governmental funds Balance
Sheet and the governmental funds Statement of Revenues, Expenditures, and Changes in Fund Balances
provide a reconciliation to facilitate this comparison between governmental funds and governmental activities.
These reconciliations can be found on Exhibits 3 and 5 of this report.
The Agency maintains two taxing districts: the Downtown District and the Riverfront District. The Agency
maintains six individual governmental funds to account for these two districts: a general fund, a debt service fund,
and a capital projects fund for the Downtown District; and a special revenue operating fund, a program revenue
fund, and a capital projects fund for the Riverfront District. Each fund is presented separately in the governmental
funds Balance Sheet and in the governmental funds Statement of Revenues, Expenditures, and Changes in Fund
Balances. For narrative on the funds and projects see the Urban Renewal Agency section of the City’s adopted
budget.
The basic governmental fund financial statements can be found on Exhibits 3 and 4 of this report.
Notes to the basic 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. They are an integral
part of the financial statements and should be read in conjunction with them.
Required supplementary information. The Agency adopts an annual appropriated budget for all its funds. To
demonstrate compliance with the budget, budgetary comparison statements have been provided for the General
Fund and the Riverfront Special Revenue Fund as required supplementary information.
Government-wide Financial Analysis
The Agency’s assets exceeded liabilities by $28,110,616 at the close of the most recent fiscal year compared to a
net position of $23,008,340 in the previous year.
A portion of the Agency’s net position (16.8%) reflects its investment in capital assets. The Agency uses these
capital assets to plan and develop designated properties within the urban renewal district boundaries.
Consequently, these assets are not available for future spending. The remaining balance of net position
($23,391,069) may be used to meet the government’s ongoing obligations, in accordance with the Urban
Renewal Plans of the two districts and subject to fund limitations.
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December 9, 2019, Meeting - Item 3CC Agenda - Page 248
2019 2018
Current and other assets $ 23,659,308 19,792,291
Capital assets 4,719,547 3,446,650
Total assets 28,378,855 23,238,941
Current liabilities 268,239 230,601
Total liabilities 268,239 230,601
Net position:
Invested in capital assets 4,719,547 3,446,650
Unrestricted 23,391,069 19,561,690
Total net position $ 28,110,616 23,008,340
Urban Renewal Agency's Net Position
2019 2018
Revenues:
Program revenues:
Charges for services, loans repaid,
and miscellaneous $ 3,545,604 176,518
Capital grants and contributions 70,691 106,774
General revenues:
Taxes 4,792,011 4,399,790
Investment earnings 559,079 240,850
Total revenues 8,967,385 4,923,932
Expenses:
Urban renewal redevelopment 3,865,109 1,435,162
Total expenses 3,865,109 1,435,162
Net position, July 1 23,008,340 19,519,570
Net position, June 30 $ 28,110,616 23,008,340
Urban Renewal Agency's Change in Net Position
Note: Program revenue in FY19 included a significant gain on the sale of land held
for resale in the amount of $3.0 million.
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December 9, 2019, Meeting - Item 3CC Agenda - Page 249
53.5%
39.5%
0.8%6.2%
Urban Renewal Agency Revenues by Source
Taxes ‐ 53.5%
Charges for services, loans repaid,
and miscellaneous ‐ 39.5%
Capital grants and contributions ‐
0.8%
Investment earnings ‐ 6.2%
Fund-based Financial Analysis
As previously discussed, the Agency uses fund accounting to ensure and demonstrate compliance with finance-
related legal requirements.
The focus of the Agency’s governmental funds is to provide information on near-term inflows, outflows, and
balances of spendable resources. Such information is useful in assessing the Agency’s financing requirements.
In particular, spendable fund balance may serve as a useful measure of a government’s net resources available
for spending at the end of the fiscal year.
As of the end of the current fiscal year, the Agency reported combined ending fund balances of $20,991,444.
Approximately 85% of this total amount ($17,932,645) is available for spending at the Agency’s discretion, subject
to Agency Board approvals and fund limitations. The remainder of fund balance ($3,058,799) is not available for
new spending because it represents restricted assets held for resale.
The General Fund is the chief operating fund of the Agency and houses fiber implementation and operations for
the Downtown District, including the non-tax increment revenue and expenditures associated with the Downtown
Loans Program, which provides loans to property owners and businesses in the plan area. At the end of the
current fiscal year, the total fund balance was $2,510,380, all of which was available to spend.
In FY19, the Agency had two significant transactions. The Downtown Capital Projects Fund recorded a
$1,250,714 increase to land associated with the purchase of the Butterfly Lot from Lane County. Also, the
Riverfront Capital Projects Fund recorded a $3,048,674 increase to program revenue due to the sale of 1.5 acres
of land held for resale to the University of Oregon (the Millrace Drive Property).
General Fund Budgetary Highlights
The difference between the original budget and the final amended budget was an increase of $1,851,173, which
primarily consisted of an increase of $900,000 to the Downtown Capital Projects Fund for the purchase of the
South portion of the Butterfly Lot from Lane County for the Farmers’ Market.
.
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December 9, 2019, Meeting - Item 3CC Agenda - Page 250
Capital Assets and Debt Administration
Capital assets. The City maintains all of its assets, including those of the Agency. The Agency’s investment in
capital assets for its governmental activities as of June 30, 2019 amounted to $4,719,547.
2019 2018
Land and construction in process $ 4,719,547 3,446,560
Total capital assets $4,719,547 3,446,560
Net of Accumulated Depreciation
Urban Renewal Agency's Capital Assets,
Additional information on the Agency’s capital assets can be found in note (4)(C) of this report.
Next Year’s Budgets and Rates
For FY20, the following assumptions were used when developing the urban renewal budgets:
Property taxes in both the Downtown and Riverfront Districts were predicted to increase due to a
projected increase in the assessed value of properties in the districts.
The property tax collection rate for both districts is estimated to be 95.0% in FY20. The FY19 collection
rate was 95.4% for both the Riverfront and Downtown Districts.
The Downtown District FY20 budget includes loan program management, project scoping for Park Blocks/Open
Spaces and LCC’s former downtown center, high speed fiber implementation, and general oversight.
The Riverfront District FY20 budget includes funding for the downtown riverfront redevelopment including the
riverfront park and plaza, loan program management, high speed fiber implementation, wayfinding, and general
oversight.
Requests for Information
This financial report is designed to provide a general overview of the Agency’s finances for all those with an
interest in the Agency. Questions concerning any of the information provided in this report, or requests for
additional financial information, should be addressed to:
Fionan Cronin, CPA
Assistant Finance Director
City of Eugene
100 West 10th Avenue, Suite 400
Eugene, Oregon 97401
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December 9, 2019, Meeting - Item 3CC Agenda - Page 252
BASIC FINANCIAL STATEMENTS
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December 9, 2019, Meeting - Item 3CC Agenda - Page 254
Urban Renewal Agency of the City of Eugene, Oregon Exhibit 1
Statement of Net Position
June 30, 2019
(amounts in dollars)
Assets
Current Assets
Equity in pooled cash and investments 17,984,471
Receivables (net of allowance)2,416,752
Due from other governments 199,286
Total current assets 20,600,509
Noncurrent assets
Assets held for resale 3,058,799
Capital assets:
Land 4,719,547
Total noncurrent assets 7,778,346
Total assets 28,378,855
Liabilities
Current liabilities
Accounts payable and other liabilities 247,020
Due to other governments 21,219
Total current liabilities 268,239
Total noncurrent liabilities 0
Total liabilities 268,239
Net position
Invested in capital assets 4,719,547
Unrestricted 23,391,069
Total net position 28,110,616
The accompanying notes are an integral part of the financial statements.
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December 9, 2019, Meeting - Item 3CC Agenda - Page 255
Urban Renewal Agency of the City of Eugene, Oregon Exhibit 2
Statement of Activities
For the fiscal year ended June 30, 2019
(amounts in dollars)
Net Expense
and Changes
in Net Position
Charges for services, Operating Capital
loans repaid, Grants and Grants and
Expenses and miscellaneous Contributions Contributions Total
Functions/Programs
Governmental activities:
Urban renewal redevelopment 3,865,109 3,545,604 0 70,691 (248,814)
Total governmental activities 3,865,109 3,545,604 0 70,691 (248,814)
General revenues:
Property taxes 4,792,011
Unrestricted investment earnings 559,079
Total general revenues 5,351,090
Change in net position 5,102,276
Net position, July 1, 2018 23,008,340
Net position, June 30, 2019 28,110,616
The accompanying notes are an integral part of the financial statements.
Program Revenues
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December 9, 2019, Meeting - Item 3CC Agenda - Page 256
Urban Renewal Agency of the City of Eugene, Oregon Exhibit 3
Balance Sheet
Governmental Funds
June 30, 2019
(amounts in dollars)
Riverfront Riverfront Riverfront Total
Debt Capital Special Capital Program Governmental
General Service Projects Revenue Projects Revenue Funds
Assets
Equity in pooled cash and investments 2,355,259 3,568,554 186,249 1,535,372 7,067,307 3,271,730 17,984,471
Receivables:
Interest 10,007 19,041 0 11,481 0 0 40,529
Taxes 0 83,248 0 71,080 0 0 154,328
Accounts 147,740 0 0 0 0 0 147,740
Loans and notes 2,345,621 0 0 0 0 0 2,345,621
Allowance for uncollectibles (145,740) 0 0 0 0 0 (145,740)
Due from other governments 177,465 11,544 0 10,277 0 0 199,286
Assets held for resale 0 0 0 0 3,058,799 0 3,058,799
Total assets 4,890,352 3,682,387 186,249 1,628,210 10,126,106 3,271,730 23,785,034
Liabilities
Accounts payable 28,290 0 0 0 218,730 0 247,020
Due to other governments 11,182 0 0 3,233 6,804 0 21,219
Total liabilities 39,472 0 0 3,233 225,534 0 268,239
Deferred inflows of resources
Unavailable revenue 2,340,500 102,289 0 82,562 0 0 2,525,351
Total deferred inflows of resources 2,340,500 102,289 0 82,562 0 0 2,525,351
Fund balances
Restricted 2,510,380 3,580,098 186,249 1,542,415 9,900,572 3,271,730 20,991,444
Total fund balances 2,510,380 3,580,098 186,249 1,542,415 9,900,572 3,271,730 20,991,444
Total liabilities, deferred inflows
of resources, and fund balances 4,890,352 3,682,387 186,249 1,628,210 10,126,106 3,271,730
Reconciliation to the Statement of Net Position:
The Statement of Net Position reports receivables at their net realizable value. However, receivables
not available to pay for current-period expenditures are deferred in governmental funds.2,399,625
Capital assets are not financial resources in governmental funds, but are reported in the
Statement of Net Position at their net depreciable value. 4,719,547
Total net position 28,110,616
The accompanying notes are an integral part of the financial statements.
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December 9, 2019, Meeting - Item 3CC Agenda - Page 257
Urban Renewal Agency of the City of Eugene, Oregon Exhibit 4
Statement of Revenues, Expenditures,
and Changes in Fund Balances
Governmental Funds
For the fiscal year ended June 30, 2019
(amounts in dollars)
Riverfront Riverfront Riverfront Total
Debt Capital Special Capital Program Governmental
General Service Projects Revenue Projects Revenue Funds
Revenues
Taxes 0 2,512,359 0 2,328,047 0 0 4,840,406
Intergovernmental 70,691 0 0 0 0 0 70,691
Charges for services 60,993 0 0 0 0 0 60,993
Repayment of revolving loans 116,447 0 0 0 0 0 116,447
Miscellaneous, primarily interest 114,514 118,166 3,435 116,488 116,251 90,226 559,080
Total revenues 362,645 2,630,525 3,435 2,444,535 116,251 90,226 5,647,617
Expenditures
Current - departmental:
Urban renewal program expenditures 1,481,332 0 0 568,701 0 0 2,050,033
Capital outlay 0 0 1,250,715 0 1,837,258 0 3,087,973
Total expenditures 1,481,332 0 1,250,715 568,701 1,837,258 0 5,138,006
Excess (deficiency) of revenues
over expenditures (1,118,687) 2,630,525 (1,247,280) 1,875,834 (1,721,007) 90,226 509,611
Other financing sources (uses)
Proceeds of sale of assets 0 0 0 0 3,048,674 0 3,048,674
Transfers in 976,275 0 900,000 0 3,700,000 0 5,576,275
Transfers out 0 (1,876,275) 0 (3,700,000) 0 0 (5,576,275)
Total other financing sources (uses) 976,275 (1,876,275) 900,000 (3,700,000) 6,748,674 0 3,048,674
Net change in fund balances (142,412) 754,250 (347,280) (1,824,166) 5,027,667 90,226 3,558,285
Fund balances, July 1, 2018 0 2,825,848 0 0 0 0 2,825,848
Fund balances, June 30, 2019 (142,412) 3,580,098 (347,280) (1,824,166) 5,027,667 90,226 6,384,133
The accompanying notes are an integral part of the financial statements.
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December 9, 2019, Meeting - Item 3CC Agenda - Page 258
Urban Renewal Agency of the City of Eugene, Oregon Exhibit 5
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, 2019
(amounts in dollars)
Net change in fund balances - total governmental funds 3,558,285
Amounts reported for governmental activities in the Statement of Activities are
different because:
Capital outlays are reported as expenditures in governmental funds. However, the Statement of
Activities allocates the cost of capital outlays over their estimated useful lives as depreciation
expense.3,083,295
Transfers of capital assets between different entities sometimes occur. Such transfers will
provide or use economic resources, but may not necessarily provide or use spendable financial
resources in governmental funds.(1,810,399)
Governmental funds defer revenues that do not provide current financial resources. However, the
Statement of Activities recognizes such revenues at their net realizable value when earned,
regardless of when received.271,095
Change in net position of governmental activities. 5,102,276
The accompanying notes are an integral part of the financial statements.
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December 9, 2019, Meeting - Item 3CC Agenda - Page 260
URBAN RENEWAL AGENCY OF THE CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
June 30, 2019
(1) Summary of Significant Accounting Policies
The financial statements of the Urban Renewal Agency (Agency) of the City of Eugene, Oregon (City)
have been prepared in conformity with generally accepted accounting principles (GAAP) as applied to
governmental units. The Governmental Accounting Standards Board (GASB) is the accepted standard-
setting body for establishing governmental accounting and financial reporting standards.
The Agency has implemented GASB Statement No. 88 Certain Disclosures Related to Debt, including
Direct Borrowings and Direct Placements, which requires governments to provide additional essential
information in its footnotes for these types of debt, including unused lines of credit; assets pledged as
collateral for the debt; and terms specified in debt agreements related to significant events of default with
finance-related consequences, significant termination events with finance-related consequences, and
significant subjective acceleration clauses.
The more significant of the Agency's accounting policies are described below.
(A)The Financial Reporting Entity
The Agency's governing body is identical to the Eugene City Council, and because the services of the
Agency are exclusively for the benefit of the City, the Agency has been determined under GAAP to be a
component unit of the City. As a result, the funds of the Agency are blended with those of the City by
including them in the appropriate statements and schedules of the City's Comprehensive Annual
Financial Report, which can be viewed on the City’s website at www.eugene-or.gov.
(B) Organization and Operation
The Urban Renewal Agency of the City of Eugene was established on July 10, 1967 as a separate
political body charged with the responsibility to implement the Central Eugene Project (now the
Downtown District) and Urban Renewal Plan. On May 24, 1982, the powers granted to the Agency under
Oregon Revised Statutes Chapter 457 were transferred to the City Council of Eugene. On September 11,
1985 the Eugene City Council adopted the Riverfront Research Park Urban Renewal Plan (now the
Riverfront Urban Renewal Plan).
The accounts of the Agency are organized on the basis of funds. Fund accounting is designed to
demonstrate legal compliance and aid financial management by segregating government functions and
activities. The operations of each fund are accounted for by providing a separate set of self-balancing
accounts, which comprise its assets, liabilities, fund balances, revenues, and expenditures.
(C)Government-wide and Fund Financial Statements
The government-wide financial statements (Exhibits 1 and 2) report information on all activities of the
Agency. As a general rule, the effect of interfund activity has been eliminated from the government-wide
financial statements.
The Statement of Activities (Exhibit 2) demonstrates the degree to which the expenses of a given function
are offset by program revenues. Program revenues include 1) Charges for services (to customers who
purchase, use, or directly benefit from goods, services, or privileges provided by a given function or
program), loans repaid, miscellaneous, and 2) grants and contributions that are restricted to meeting the
operational or capital requirements of a particular function or program. Grants and contributions not
restricted are reported as general revenues rather than program revenues. Taxes and other items not
properly included among program revenues are also reported as general revenues.
Fund financial statements (Exhibits 3 and 4) are provided for all governmental funds.
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December 9, 2019, Meeting - Item 3CC Agenda - Page 261
URBAN RENEWAL AGENCY OF THE CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(1) Summary of Significant Accounting Policies, continued
(D) Measurement Focus, Basis of Accounting, and Financial Statement Presentation
Measurement focus refers to what is measured by a fund. Basis of accounting refers to when revenues
and expenditures are recognized in the accounts and reported in the financial statements.
The government-wide financial statements are accounted for using an economic resources measurement
focus, whereby all assets and liabilities are reported in the Statement of Net Position. The increases and
decreases in net position are reported in the Statement of Activities. The accrual basis of accounting is
used whereby revenues are recorded when earned and expenses are recorded when a liability is
incurred, regardless of the timing of related cash flows.
The governmental fund financial statements are accounted for using a current financial resources
measurement focus. The Balance Sheet generally reports only current assets and current liabilities; and
the Statement of Revenues, Expenditures, and Changes in Fund Balances presents increases and
decreases in fund balance. These funds use the modified accrual basis of accounting whereby revenues
are recorded when susceptible to accrual (both measurable and available). "Measurable" means that the
amount of the transaction can be determined. "Available" is defined as being collectible within the current
period or soon enough thereafter (60 days) to be used to liquidate liabilities of the current period.
Expenditures, other than interest on long-term obligations, are recorded when the fund liability is incurred.
Real and personal property taxes were levied as of July 1 for the fiscal year on values assessed as of
January 1. Property taxes are an enforceable lien on both real and personal property as of July 1 and are
due and payable in three installments on November 15, February 15, and May 15. All property taxes are
billed and collected by Lane County and remitted to the Agency. In the governmental fund financial
statements, property taxes are reflected as revenues in the fiscal period for which they were levied,
provided they are due, or past due and receivable within the current period, and collected within the
current period or expected to be collected soon enough thereafter to be used to pay liabilities of the
current period (60 days). Otherwise, they are reported as deferred inflows of resources. In the
government-wide financial statements, property tax revenues are fully recognized at the time of levy.
Property taxes which are held at year-end by the collecting agency, Lane County, and are remitted to the
City within the 60-day period are reported as "Due from other governments."
Repayment of revolving loans and miscellaneous revenues (except investment earnings) are recorded as
revenues when received in cash because they are generally not measurable until actually received.
Investment earnings are recorded as earned since they are measurable and available.
Governmental Funds
Governmental funds finance all of the functions of the Agency. The measurement focus is upon
determination of changes in current financial resources, rather than upon net income determination. The
following are the Agency's Downtown District governmental funds:
General Fund
The General Fund is the general operating fund of the Agency. It is used to account for all financial
resources except those required to be accounted for in another fund. Principal sources of revenue
are charges for services, interest on investments, principal and interest payments on outstanding
loans, and transfers from the Debt Service Fund. Primary expenditures of the General Fund are fiber
implementation, Downtown Loans Program loans, and Downtown District management costs.
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December 9, 2019, Meeting - Item 3CC Agenda - Page 262
URBAN RENEWAL AGENCY OF THE CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(1) Summary of Significant Accounting Policies, continued
(D) Measurement Focus, Basis of Accounting, and Financial Statement Presentation, continued
Governmental Funds, continued
Debt Service Fund
The Debt Service Fund is used to account for the accumulation of tax increment resources and the
payment of debt service on tax increment bonds and other expenditures within the Downtown District.
Capital Projects Fund
The Capital Projects Fund is used to account for the financial resources to be used for the acquisition
or construction of capital projects within the Downtown District and the Downtown Urban Renewal
Plan.
The following are the Agency's Riverfront District governmental funds:
Riverfront Special Revenue Fund
The Riverfront Special Revenue Fund is used to account for the accumulation of tax increment
resources and to pay Riverfront District management costs.
Riverfront Capital Projects Fund
The Riverfront Capital Projects Fund is used to account for the financial resources to be used for the
acquisition or construction of capital projects within the Riverfront District.
Riverfront Program Revenue Fund
The Riverfront Program Revenue Fund is used to account for program revenue and expenditures
from the Riverfront District and the Riverfront Renewal Loan program.
(E) Equity in Pooled Cash and Investments
The Agency invests cash through the City into various investment programs. Policies adopted by the
City’s Investment Advisory Board and the Eugene City Council authorize the City to invest in obligations
of the U.S. Treasury and its agencies, time certificates of deposit, governmental money market bank
deposit accounts, bankers’ acceptances, municipal bonds, corporate bonds, commercial paper,
repurchase agreements, reverse repurchase agreements, and the Oregon Local Government Investment
Pool.
It is the City’s policy to report at amortized cost all short-term, highly-liquid money market investments
(including corporate bonds, commercial paper, bankers’ acceptances, municipal bonds, and U.S.
Treasury and agency obligations) and participating interest-earning investment contracts with a remaining
maturity at time of purchase of one year or less. Such investments are stated at cost, increased by
accretion of discounts and reduced by amortization of premiums, both computed by the straight-line
method. Callable investments purchased at a discount are amortized to the maturity date, and callable
investments purchased at a premium are amortized to the first call date. Investments with a remaining
maturity at time of purchase of more than one year are valued at fair value.
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December 9, 2019, Meeting - Item 3CC Agenda - Page 263
URBAN RENEWAL AGENCY OF THE CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(1) Summary of Significant Accounting Policies, continued
(E) Equity in Pooled Cash and Investments, continued
The City maintains a common cash and investments pool for all City funds, including funds of the Agency.
Interest earned on the pooled cash and investments is allocated quarterly based on each fund’s average
cash and investments balance as a proportion of the City’s total pooled cash and investments. The City
considers “cash” to include the pooled cash and investments, since the pool has the general
characteristics of a demand deposit account, in that any participating fund may deposit additional cash at
any time and also may withdraw cash at any time without prior notice or penalty.
(F) Receivables
All receivables are shown net of allowance for uncollectibles in the Statement of Net Position and the
Governmental Funds Balance Sheet.
(G) Land Held For Resale
Land held for resale is property purchased by the City at cost which is intended to be resold at a later
date.
(H) Capital Assets
Capital assets are defined as tangible or intangible assets that are used in operations and that have initial
useful lives extending beyond a single reporting period. The capitalization threshold for tangible assets is
$5,000. Tangible assets include land, rights-of-way (included with land), improvements, and
infrastructure.
All Agency assets have been capitalized in the government-wide financial statements. In accordance
with the current financial resources measurement focus, capital assets are not capitalized in the
governmental fund financial statements. Agency assets are valued at historical cost which is measured
by the cash or cash equivalent price of obtaining an asset, including ancillary charges necessary to place
the asset into its intended location and condition for use.
Upon disposal of an asset, cost and accumulated depreciation (if applicable) are removed from the
accounts and, if appropriate, a gain or loss on the disposal is recognized.
All assets are reported in the Statement of Net Position and any gain or loss upon disposal is recognized
in the Statement of Activities in the urban renewal redevelopment function.
(I) Deferred Inflows on Resources
In addition to liabilities, the governmental fund balance sheet reports a separate section for deferred
inflows of resources, if applicable. Deferred inflows of resources represent unavailable revenue that will
be recognized in a future period(s). The Agency has two primary types of revenues that are reported in
this section under the modified accrual basis of accounting. These revenues include: delinquent property
taxes and notes receivable. These revenues are deferred and recognized as an inflow of resources in
the period that the revenues become available.
(J) Fund Balance
In the fund financial statements, the fund balance for governmental funds is reported in classifications
that comprise a hierarchy based primarily on the extent to which the government is bound to honor
constraints on the specific purposes for which amounts in those funds can be spent.
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December 9, 2019, Meeting - Item 3CC Agenda - Page 264
URBAN RENEWAL AGENCY OF THE CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(1) Summary of Significant Accounting Policies, continued
(J) Fund Balance, continued
Fund balance is reported as nonspendable when the resources cannot be spent because they are either
in a nonspendable form or legally or contractually required to be maintained intact. Resources in
nonspendable form include inventories, prepaids and deposits.
Fund balance is reported as restricted when the constraints placed on the use of resources are either: (a)
externally imposed by creditors (such as through debt covenants), grantors, contributors, or laws or
regulations of other governments; or (b) imposed by law through constitutional provisions or enabling
legislation.
(K)Indirect Expenses
The Agency’s Statement of Revenues, Expenditures, and Changes in Fund Balances include
reimbursement to the City’s Central Services department for general services provided to the Agency by
the City’s General Fund. The charge for general service costs is based on an approved overhead cost
plan. The overhead cost reimbursement has been included in program expenses in the Statement of
Activities.
(2)Reconciliation of Government-wide and Fund Financial Statements
(A) Explanation of Certain Differences Between the Government-wide Statement of Net Position and the
Governmental Fund Balance Sheet
The Balance Sheet for governmental funds (Exhibit 3) includes a reconciliation between total fund
balances and total net position in the Statement of Net Position (Exhibit 1). The following are selected
elements of that reconciliation:
The Statement of Net Position reports receivables at their net realizable value. However, receivables not
available to pay for current-period expenditures are deferred in governmental funds. The details of this
$2,399,625 difference are as follows:
Receivables:
Interest $ 30,523
Taxes 154,329
Loans and notes 2,340,499
Subtotal 2,525,351
Allowance for uncollectibles (125,726)
Net adjustment $ 2,399,625
Capital assets are not financial resources in governmental funds, but are reported in the Statement of Net
Position at their net depreciable value. The details of this $4,719,547 difference are as follows:
Capital assets reported in the Statement of Net Position:
Land $ 4,719,547
Net adjustment $ 4,719,547
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December 9, 2019, Meeting - Item 3CC Agenda - Page 265
URBAN RENEWAL AGENCY OF THE CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(2) Reconciliation of Government-wide and Fund Financial Statements, continued
(B) Explanation of Certain Differences Between the Government-wide Statement of Activities and the
Governmental Fund Statement of Revenues, Expenditures and Changes in Fund Balances
The Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of
Governmental Funds to the Statement of Activities is provided at Exhibit 5. The following are selected
elements of that reconciliation:
Capital outlays are reported as expenditures in governmental funds. However, the Statement of Activities
allocates the cost of capital outlays over their estimated useful lives as depreciation expense. The details
of this $3,083,295 difference are as follows:
Capital outlay $ 3,083,295
Net adjustment $ 3,083,295
Governmental funds defer revenues that do not provide current financial resources. However, the
Statement of Activities recognizes such revenue at their net realizable value when earned, regardless of
when collected. The details of this $271,095 difference are as follows:
Change in unavailable revenue from the following sources:
Property taxes receivable $ (48,394)
Notes receivable 383,673
Subtotal 335,279
Change in the allowance for doubtful receivables (64,184)
Net adjustment $ 271,095
Transfers of capital assets between different entities sometimes occur. Such transfers will provide or use
economic resources, but may not necessarily provide or use spendable financial resources in
governmental funds. The details of this $1,810,399 difference are as follows:
Transfers of Capital assets to City of Eugene $ (1,810,399)
(3) Stewardship, Compliance, and Accountability
(A) Budgetary Information
The City Manager (acting as the Agency Director) submits to the City Council of Eugene (acting as the
Urban Renewal Agency Board under provisions of Oregon Revised Statute 457.460) a proposed
operating and capital budget a sufficient length of time in advance to allow adoption of the budget prior to
July 1.
Prior to July 1, the Agency legally adopts its annual budget for all funds through passage of a resolution.
The resolution authorizes fund appropriations as current annual departmental requirements, debt service,
capital outlay, interfund transfers, interfund loans, intergovernmental, and special payments.
Expenditures cannot legally exceed appropriations at these control levels. Appropriations which have not
been spent at year-end lapse, although an amending resolution passed in the subsequent year
specifically provides for the reappropriation of prior-year lapsed encumbrances.
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December 9, 2019, Meeting - Item 3CC Agenda - Page 266
URBAN RENEWAL AGENCY OF THE CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
continued
(3)Stewardship, Compliance, and Accountability, continued
(A) Budgetary Information, continued
Unexpected additional resources or appropriations may be added to the budget through the use of a
supplemental budget. A supplemental budget requires hearings before the public, publications in
newspapers, and approval by the Agency. Original and supplemental budgets may be modified by the
use of appropriation transfers between the levels of control. Such transfers require approval by passing
an Agency resolution authorizing the transfer. All budget amendments are subject to the limitations put
forth in the Oregon Revised Statutes Chapters 294.305 through 294.565 (Oregon Budget Law). The net
effect of amending resolutions passed during the fiscal year was an appropriation increase of $1,851,173.
(4)Detailed Notes on All Funds
(A)Equity in Pooled Cash and Investments
The City maintains a common cash and investments pool that is available for use by all funds, including
the Agency. The Agency’s portion of this pool is displayed in the Statement of Net Position and the
Balance Sheet as "Equity in pooled cash and investments.” Cash and investments are comprised of the
following at June 30, 2019:
Deposits with banks $ 2,464,318
Investments 15,520,153
$ 17,984,471
Detailed information for the Agency’s pooled cash and investments can be found in the City’s FY19
Comprehensive Annual Financial Report (Notes to Basic Financial Statements).
(B) Unavailable Revenue
Unavailable revenues are reported as a deferred inflow of resources in the governmental funds Balance
Sheet. Unavailable revenues are reported in connection with receivables for revenues that are not
considered to be available to liquidate liabilities of the current period.
The various components of unavailable revenue consist of the following:
Unavailable
Property taxes receivable:
Debt Service Fund $ 102,288
Riverfront Special Revenue Fund 82,562
Notes receivable:
General Fund 2,340,500
Total unavailable/unearned revenue $ 2,525,350
27
December 9, 2019, Meeting - Item 3CC Agenda - Page 267
URBAN RENEWAL AGENCY OF THE CITY OF EUGENE, OREGON
Notes to Basic Financial Statements
(4) Detailed Notes on All Funds, continued
(C) Capital Assets
Capital assets activity for the year ended June 30, 2019 was as follows:
Beginning Ending
balance Increases Decreases balance
Governmental activities:
Capital assets, not being depreciated:
Work in process $ 2,953,333 0 (2,808,779) 144,554
Land 493,317 4,081,676 0 4,574,993
Total capital assets, not being depreciated 3,446,650 4,081,676 (2,808,779) 4,719,547
Governmental activities capital assets $ 3,446,650 4,081,676 (2,808,779) 4,719,547
(5) Other Information
(A) Risk Management
The Agency is a participant in the City’s Risk and Benefits Internal Service Fund which accounts for and
finances its risks of loss. Detailed information for the City’s risk management function can be found in the
City’s FY19 Comprehensive Annual Financial Report (Notes to Basic Financial Statements).
(B) Tax Abatements
Property tax abatements are used to encourage business and economic development. Tax abatements
reduce or eliminate the amount of property taxes that a property owner pays. Within a District if a
property is exempt from taxation, then that District raises less money than if the property was taxable.
For the fiscal year ending June 30, 2019, the Agency’s property tax revenues were reduced by $245,984
under agreements entered by the City.
The amount of property tax was calculated using post division of tax rates. The amount represents the
amount of assessed property taxes, it does not take into consideration early payment discounts or
property tax collection rates.
28
December 9, 2019, Meeting - Item 3CC Agenda - Page 268
REQUIRED SUPPLEMENTARY INFORMATION
29
December 9, 2019, Meeting - Item 3CC Agenda - Page 269
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30
December 9, 2019, Meeting - Item 3CC Agenda - Page 270
Urban Renewal Agency of the City of Eugene, Oregon A-1
General Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Original Final basis Adjustment basis
Revenues
Intergovernmental 0 0 70,691 0 70,691
Charges for services 0 0 60,993 0 60,993
Repayment of revolving loans 0 0 0 116,447 116,447
Miscellaneous 82,000 82,000 97,986 16,528 114,514
Total revenues 82,000 82,000 229,670 132,975 362,645
Expenditures
Current - departmental:
Planning and development 2,966,138 3,077,248 981,332 500,000 1,481,332
Special payments 2,371,181 2,912,476 500,000 (500,000)0
Total expenditures 5,337,319 5,989,724 1,481,332 0 1,481,332
Excess (deficiency) of revenues over
expenditures (5,255,319) (5,907,724) (1,251,662) 132,975 (1,118,687)
Other financing sources (uses)
Principal payments received 250,000 250,000 116,447 (116,447)0
Transfers in 2,966,138 3,077,248 976,275 0 976,275
Total other financing sources (uses) 3,216,138 3,327,248 1,092,722 (116,447) 976,275
Net change in fund balance (2,039,181) (2,580,476) (158,940) 16,528 (142,412)
Fund balances, July 1, 2018 2,124,181 2,665,476 2,665,476 (12,684) 2,652,792
Fund balances, June 30, 2019 85,000 85,000 2,506,536 3,844 2,510,380
ActualBudget
31
December 9, 2019, Meeting - Item 3CC Agenda - Page 271
Urban Renewal Agency of the City of Eugene, Oregon A-2
Riverfront Special Revenue Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Budget GAAP
Original Budget basis Adjustment basis
Revenues
Taxes 2,375,000 2,375,000 2,328,047 0 2,328,047
Miscellaneous 50,000 50,000 96,321 20,167 116,488
Total revenues 2,425,000 2,425,000 2,424,368 20,167 2,444,535
Expenditures
Current - departmental:
Planning and development 793,663 1,113,663 568,701 0 568,701
Total expenditures 793,663 1,113,663 568,701 0 568,701
Excess (deficiency) of revenues over
expenditures 1,631,337 1,311,337 1,855,667 20,167 1,875,834
Other financing sources (uses)
Transfers out (3,700,000) (3,700,000) (3,700,000)0 (3,700,000)
Total other financing sources (uses) (3,700,000) (3,700,000) (3,700,000)0 (3,700,000)
Net change in fund balance (2,068,663) (2,388,663) (1,844,333) 20,167 (1,824,166)
Fund balances, July 1, 2018 3,352,863 3,382,097 3,382,097 (15,516) 3,366,581
Fund balances, June 30, 2019 1,284,200 993,434 1,537,764 4,651 1,542,415
ActualBudget
32
December 9, 2019, Meeting - Item 3CC Agenda - Page 272
OTHER SUPPLEMENTARY INFORMATION
33
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34
December 9, 2019, Meeting - Item 3CC Agenda - Page 274
Urban Renewal Agency of the City of Eugene, Oregon B-1
Debt Service Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Actual
Budget GAAP
Budget basis Adjustment basis
Revenues
Taxes 2,256,000 2,512,359 0 2,512,359
Miscellaneous 48,000 94,568 23,598 118,166
Total revenues 2,304,000 2,606,927 23,598 2,630,525
Total expenditures 0 0 0 0
Excess (deficiency) of revenues over expenditures 2,304,000 2,606,927 23,598 2,630,525
Other financing sources (uses)
Transfers out (3,977,248) (1,876,275)0 (1,876,275)
Total other financing sources (uses)(3,977,248) (1,876,275)0 (1,876,275)
Net change in fund balance (1,673,248) 730,652 23,598 754,250
Fund balances, July 1, 2018 2,838,771 2,838,771 (12,923) 2,825,848
Fund balances, June 30, 2019 1,165,523 3,569,423 10,675 3,580,098
35
December 9, 2019, Meeting - Item 3CC Agenda - Page 275
Urban Renewal Agency of the City of Eugene, Oregon B-2
Capital Projects Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Actual
Budget GAAP
Budget basis Adjustment basis
Revenues
Miscellaneous 5,000 521 2,914 3,435
Total revenues 5,000 521 2,914 3,435
Expenditures
Capital outlay 1,400,000 1,250,715 0 1,250,715
Total expenditures 1,400,000 1,250,715 0 1,250,715
Excess (deficiency) of revenues over expenditures (1,395,000) (1,250,194) 2,914 (1,247,280)
Other financing sources (uses)
Transfers in 900,000 900,000 0 900,000
Total other financing sources (uses)900,000 900,000 0 900,000
Net change in fund balance (495,000) (350,194) 2,914 (347,280)
Fund balances, July 1, 2018 536,006 536,006 (2,477) 533,529
Fund balances, June 30, 2019 41,006 185,812 437 186,249
36
December 9, 2019, Meeting - Item 3CC Agenda - Page 276
Urban Renewal Agency of the City of Eugene, Oregon B-3
Riverfront Capital Projects Fund
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Actual
Budget GAAP
Budget basis Adjustment basis
Revenues
Miscellaneous 8,000 3,295,278 (3,179,027) 116,251
Total revenues 8,000 3,295,278 (3,179,027) 116,251
Expenditures
Capital outlay 4,774,413 1,837,258 0 1,837,258
Total expenditures 4,774,413 1,837,258 0 1,837,258
Excess (deficiency) of revenues over expenditures (4,766,413) 1,458,020 (3,179,027) (1,721,007)
Other financing sources (uses)
Proceeds of sale of assets 0 0 3,048,674 3,048,674
Transfers in 3,700,000 3,700,000 0 3,700,000
Total other financing sources (uses)3,700,000 3,700,000 3,048,674 6,748,674
Net change in fund balance (1,066,413) 5,158,020 (130,353) 5,027,667
Fund balances, July 1, 2018 1,667,153 1,667,153 3,205,752 4,872,905
Fund balances, June 30, 2019 600,740 6,825,173 3,075,399 9,900,572
37
December 9, 2019, Meeting - Item 3CC Agenda - Page 277
Urban Renewal Agency of the City of Eugene, Oregon B-4
Riverfront Program Revenue
Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual
For the fiscal year ended June 30, 2019
(amounts in dollars)
Actual
Budget GAAP
Budget basis Adjustment basis
Revenues
Miscellaneous 48,000 67,766 22,460 90,226
Total revenues 48,000 67,766 22,460 90,226
Expenditures
Special payments 3,244,279 0 0 0
Total expenditures 3,244,279 0 0 0
Excess (deficiency) of revenues over expenditures (3,196,279)67,766 22,460 90,226
Total other financing sources (uses)0 0 0 0
0
Net change in fund balance (3,196,279)67,766 22,460 90,226
Fund balances, July 1, 2018 3,196,279 3,196,279 (14,775) 3,181,504
Fund balances, June 30, 2019 0 3,264,045 7,685 3,271,730
38
December 9, 2019, Meeting - Item 3CC Agenda - Page 278
AUDIT COMMENTS
39
December 9, 2019, Meeting - Item 3CC Agenda - Page 279
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40
December 9, 2019, Meeting - Item 3CC Agenda - Page 280
AUDIT COMMENTS
(Comments and Disclosures Required by State Regulators)
_________
Oregon Administrative Rules 162-10-000 through 162-10-320, 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 financial statements and schedules are set forth in preceding sections of this report.
Required comments and disclosures related to the audit of such statements and schedules are set forth following.
41
December 9, 2019, Meeting - Item 3CC Agenda - Page 281
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42
December 9, 2019, Meeting - Item 3CC Agenda - Page 282
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RSM International resources through RSM US LLP but are not member firms of RSM International.43
December 9, 2019, Meeting - Item 3CC Agenda - Page 283
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December 9, 2019, Meeting - Item 3CC Agenda - Page 284
RESOLUTION NO.
A RESOLUTION ACKNOWLEDGING THE RECEIPT OF THE
ANNUAL FINANCIAL REPORT OF THE URBAN RENEWAL
AGENCY OF THE CITY OF EUGENE, FOR THE FISCAL YEAR
ENDED JUNE 30, 2019
The Urban Renewal Agency of the City of Eugene finds that:
The firm of Isler CPA has completed the audit of the financial statements of the Urban Renewal
Agency of the City of Eugene for the fiscal year ended June 30, 2019, as required by ORS 297.425 and,
pursuant to ORS 297.465, reported to the Board on its findings.
NOW, THEREFORE,
BE IT RESOLVED by the Urban Renewal Agency of the City of Eugene, as follows:
Section 1. That the Board hereby acknowledges that it has received the "Annual Financial Report
of the Urban Renewal Agency, a Component Unit of the City of Eugene, for the fiscal year ended June 30,
2019."
The foregoing resolution adopted the 9th day of December, 2019.
Director
Attachment B
December 9, 2019, Meeting – Item 3December 9, 2019, Meeting - Item 3CC Agenda - Page 285
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EUGENE CITY COUNCIL
AGENDA ITEM SUMMARY
Public Hearing and Action: A Resolution Adopting a Supplemental Budget; Making Appropriations for the City of Eugene for the Fiscal Year Beginning July 1, 2019 and Ending June 30, 2020 Meeting Date: December 9, 2019 Agenda Item Number: 4 Department: Central Services Staff Contact: Vicki Silvers
www.eugene-or.gov Contact Telephone Number: 541-682-5082
ISSUE STATEMENT City Council approval of the first Supplemental Budget for Fiscal Year 2020 is requested. Oregon Local Budget Law (Oregon Revised Statute 294.471) allows for supplemental budgets in the event of “an occurrence or condition that is not ascertained when preparing the original budget or a previous supplemental budget for the current year or current budget period and that requires a change in financial planning.” ORS 294.471 also allows for a supplemental budget if there are “funds that are made available by another unit of federal, state or local government and the availability of which could not reasonably be foreseen when preparing the original budget or a previous supplemental budget for the current year or current budget period.” This supplemental budget does not authorize any increase in the property tax levy and has been published in compliance with the Oregon Local Budget Law.
BACKGROUND The supplemental budget that occurs in December of a fiscal year is usually the largest because of the audit adjustments to budgeted Beginning Working Capital and the reappropriation of funds from the prior fiscal year for contracts, program initiatives or projects that were started but not completed in that fiscal year. SB1 also recognizes new revenue, authorizes other unanticipated changes in legal appropriations, and includes one-time funding for strategic investments related to council initiatives and community resilience.
Transactions Related to Beginning Working Capital Isler CPA, the City's external auditor, has completed its Fiscal Year 2019 audit and this supplemental budget includes Marginal Beginning Working Capital adjustments for all City funds. The MBWC is the difference between the estimate of FY19 ending working capital that was made in the FY20 Adopted Budget and the audited actual FY19 ending working capital. This adjustment is recognized on SB1 and is the largest component of the transactions included in this budget request.
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General Fund FY19 Final Results and FY20 MBWC For the Main Subfund of the General Fund, the MBWC adjustment is $1,342,038. MBWC can vary significantly from year to year. Excluding two large and unexpected legal settlements, the MBWC has averaged about $2.8 million each year over the past five years, with a range of negative $0.2 million to a positive $7.6 million. The FY20 MBWC adjustment is due to a combination of higher revenues than anticipated ($0.8 million) and departmental underspending ($0.5 million) in FY19. Actual revenue variances from FY19 estimates included the following:
Taxes were $0.5 million over estimates, due to higher property tax ($0.4 million) and localmarijuana tax ($0.1 million) revenues;
License and Permit revenue was $0.5 million higher than anticipated; and
Miscellaneous revenues, charges for services and intergovernmental revenues were allslightly below budget estimates.On the expenditures side, total underspending after accounting for funds allocated to cover the budgeted reserve for encumbrance was about $0.5 million. With fewer vacant positions and resource needs to advance strategic initiatives, this amount reflects a lower amount of departmental underspending than in recent years. For more information about FY19 results, the FY19 Ending Working Capital and the Ending Fund Balance for the General Fund, see Attachment C of the Agenda Item Summary on the Compre-hensive Annual Financial Report for the Fiscal Year Ended June 30, 2019. That attachment includes information and highlights from the FY19 Comprehensive Annual Financial Report.
General Fund Transactions The funds available for appropriation in the General Fund on this supplemental budget consist of the following items:
Funding Source Amount MBWC adjustment $1,342,038 FY20 Adopted Reserve for Encumbrances 4,217,614 Ground Emergency Medical Transport Revenue (net of expenses) 700,222 General Fund Contingency 12,000 Reserve for Revenue Shortfall 12,060,780
Total funds available for appropriation $18,332,654 The total amount of funds suggested for appropriation on this supplemental budget in the Main Subfund of the General Fund (excluding $1,664,562 of expenditures backed by grant and Urban Renewal Agency revenues) consists of the items shown in the chart on the following page.
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Funds to Appropriate Amount FY20 Reconciled Encumbrances (actual contracts carried over from FY19) $1,679,004 Reappropriations (including Community Safety Initiative) 9,923,705 One-time Funding Requests 2,329,945 Transfer – Community Safety Fund (Loan) 3,000,000 Transfer - General Capital Projects Fund (General Capital) 900,000 Transfer - Construction and Rental Housing Fund (Affordable Housing Trust) 500,000
Total use of funds $18,332,654 The reserve for encumbrance represents a reserve for prior fiscal year encumbrances (contracts that were in effect but not completed as of June 30). Prior fiscal year encumbrances were budgeted at $4.2 million but only $1.7 million was actually needed, leaving $2.5 million available for appropriation. Reappropriations are funds that were earmarked for a specific purpose last year, but the efforts were not completed, and the funds are carried over to finish the work. The recommendations for reappropriations and one-time spending of $12,253,650 are included in the chart below and grouped by the initiatives they support. As can be seen, the bulk of the funding requests relate to community safety which includes Community Safety Initiative reappropriation.
Reappropriations and One-Time Funding Requests Amount Climate Recovery $342,539 Community Safety 7,978,641 Housing, Jobs and Infrastructure 1,341,590 Engagement 1,167,865 Homelessness 1,423,015
Total use of funds by category $12,253,650 These appropriation requests offer the opportunity to continue to make progress on program offerings and strategic initiatives through targeted one-time investments. Many of the one-time funding requests in the General Fund are put forward under the strategies utilized over the past several years, allowing pilot programs and previous initiatives to continue as their effectiveness is evaluated, without obligating ongoing funding. This is a way to address important community goals in a deliberate manner without making long-term funding commitments that could lead to greater fiscal pressures in the years ahead. Climate Recovery: This supplemental budget includes $342,539 of appropriations for the continuation of Climate Recovery Ordinance planning and implementation. Funding allocated for the CAP2.0 will be expended by December 2019. This request captures the costs to continue the work coming out of that process through June 2020, including funding for the CRO Analyst that supports this work and related program costs.
Climate Recovery Amount Reappropriation CRO Planning and Implementation $202,539 One-time Funding CRO Planning and Implementation 140,000
Total Climate Recovery $342,539
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Community Safety: On September 26, 2018, council unanimously recommended a one-time, 18-month funding strategy for the Community Safety Initiative. Funding in the amount of $8,662,000 for this purpose was included in SB1 last year. The amount that was estimated to be carried over from FY19 to cover FY20 Community Safety Initiatives was placed in the Reserve for Revenue Shortfall that was included in the FY20 Adopted Budget. This supplemental budget removes funds from the RRSF so that the funds can be spent on community safety, as directed by council. Programs in the 18-month funding strategy include:
Prevention Services, such as youth mental health services and early intervention programs; 15th Night youth homelessness prevention; continuation of Community Court; and continuation of the partnership with Whitebird Clinic in the Community Outreach Response Team
Homeless Services, including Dusk to Dawn safe sleeping program; a day resource center; and ongoing support for programs such as the weekend Lindholm Center, the Car Camping Program and the Rest Stop Program
Public Safety Services, including adding 10 Patrol Officers to create a city-wide Rapid Response Team; adding five Community Service Officers; adding four staff to the 911 Call Center; expanding jail services by five beds; funding for the Ambulance Transport Fund Shortfall; and funding Municipal Court and City Prosecutor services to meet growing needs As previewed at the November 25 work session, this supplemental budget also includes an interfund loan of $3 million from the General Fund RRSF to the Community Safety Fund (see description later in this document). This loan will allow the Community Safety Fund to pay for $1 million of administrative and one-time start-up costs to begin tax collection as well as $2 million of additional Community Safety Initiative funds for services. Another large community safety investment is funding for the downtown operations team. These funds provide for the downtown manager position, downtown ambassadors, day storage costs, and programming for youth and downtown events. Appropriations carried over from FY19 will pay for the efforts through March, and an additional $200,000 is requested to cover the remainder of the fiscal year.
Community Safety Amount Reappropriations Community Safety Initiative $6,269,450 Downtown Ops Funding (thru March 31, 2020) 781,703 One-time Funding Downtown Ops Funding (April 1 thru June 30, 2020) 200,000 EPEA Contract Costs 501,091 911 GIS Contract 64,397 Records Management System 162,000
Total Community Safety $7,978,641 Housing, Jobs and Infrastructure: The largest expenditures in the housing, jobs and infrastructure category are the funding for urban reserves that is carried over from last fiscal year, and new funding for the Railroad Quiet Zone fencing that was directed by council in 2018 to come from the
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General Fund. New one-time funding of $100,000 is requested for completion of the River Road/Santa Clara plan prior to adoption.
Housing, Jobs and Infrastructure Amount Reappropriations Bridge Inspections 10,000 Clear and Objective Land Use Code 68,925 Clear Lake Expansion Area 20,000 Economic Prosperity Initiative 53,149 Economic Strategic Reserve 57,489 Pillar 7 Growth Monitoring Data 63,981 University Area Planning 60,000 Urban Reserves 483,046 One-time Funding House Bill 2001 FY20 Project Work 75,000 Railroad Quiet Zone 350,000 River Road/Santa Clara Plan Adoption 100,000
Total Housing, Jobs and Infrastructure $1,341,590 Engagement: City-wide communications dollars funded Engage Eugene, an online platform; the reappropriated balance will continue to fund enhancements to engagement efforts. The organization continues to plan for future events that bring the community together and leverage regional efforts to prepare for large scale and special events along the riverfront and related to 2021. The November 2019 special election to limit uses of the payroll tax and cap the rates is estimated to cost $186,000, which will be funded by a combination of Council Contingency and use of the RRSF.
Engagement Amount Reappropriations 2021 Planning and Community Events 268,543 City-Wide Communications 90,000 CivicRec 70,915 Envision Eugene 38,682 Employee Resource Center Staffing Support 133,000 Metro Marketing Program 73,500 Neighborhood Matching Grants 45,603 River Road/Santa Clara Neighborhood Funds 30,165 One-time Funding 2021 Planning and Community Events 231,457 November 2019 Special Election Costs 186,000
Total Engagement $1,167,865 Homelessness: Funding for a homeless shelter was originally included in the FY18 adopted budget per Budget Committee motion approved in May 2017. This funding will be used based on council direction associated with the Technical Assistance Collaborative report implementation. SB1 also includes carrying over and continuation of several other programs previously discussed by council. New one-time funding of $70,000 is requested to pilot and test new programs for refuse abatement, neighborhood impact abatement, trespass effect mitigation, and resilience training.
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Homelessness Amount Reappropriations Dusk to Dawn/Highway 99 Site 80,810 Homeless Shelter Options 1,000,000 Housing Tools and Strategies 22,205 One-time Funding Homeless Right-of-way Clean-up 140,000 Affordable Housing SDC Waiver - Bethel Taney Place Project 50,000 Homeless Storage Program 60,000 Homeless Operations Pilot Programs 70,000
Total Homelessness Operations $1,423,015 Other Uses of MBWC: There are two other appropriations requested from MBWC, per previous council direction. These are the General Capital Projects Fund for general capital projects of $900,000 and the transfer to the Construction and Rental Housing Fund for the Affordable Housing Trust for $500,000. Since these two together exceed the $1.3 million available from MBWC, these transfers are partially funded through a drawdown of RRSF.
Per the City’s Financial Management Goals and Policies, the General Fund transfer to the General Capital Projects Fund, used to support ongoing preservation of General Fund building assets and Parks and Open space parks preservation and maintenance, is one of the highest priorities for use of MBWC. The amount of the transfer included on this supplemental budget is $0.9 million. On April 8, 2019, council approved the Construction Excise Tax ordinance. This ordinance is expected to generate $0.5 million in tax revenue in FY20. In addition, council directed that $0.5 million of MBWC should be transferred to the Construction and Rental Housing Fund (Affordable Housing Trust) each year. This supplemental budget includes $1 million in expenditure authority in the new Affordable Housing Trust Fund, which is part of the Construction and Rental Housing reporting fund, to carry out the programs approved by council in the ordinance.
Interfund Loan for Community Safety/Payroll Tax Council enacted a payroll tax to fund Community Safety Initiatives that is anticipated to go into effect in January 2021. A new fund, the Community Safety Fund, has been created for payroll tax revenues, administration and related community safety expenditures. This supplemental budget includes a loan from the General Fund RRSF of $3 million to the Community Safety Fund to cover $1 million of start-up and administrative expenses and $2 million of “Bridge Plus” funding on community safety programs. The loan will be repaid from payroll tax revenues in FY21. The additional “Bridge Plus” funds will be used for a Homelessness Analyst for homeless services coordination, to provide funding gap support for the Ambulance Transport Fund, and to increase funding for the Eugene Police Department by $1.65 million. The EPD funds will be used to continue to ramp up the services by hiring additional officers, purchasing vehicles and continuing to fund the added services for another six months until the tax collections begin.
Local Marijuana Tax Revenue This supplemental budget includes $470,000 of one-time expenditures that are eligible for spending from local marijuana tax revenue. Expenditures include $200,000 of new funding for downtown operations and several homelessness related expenditures (ROW clean-up, homeless storage program and homeless operations pilot programs). These expenditures meet the criteria
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for use of these funds, which have been designated by council for parks security, community justice and human services.
RRSF Activity There are a number of transactions included on this supplemental budget that affect the Reserve for Revenue Shortfall. This supplemental budget includes $12,060,780 funded from the RRSF, as follows:
RRSF Reconciliation Amount RRSF in the FY20 Adopted Budget $28,645,079 Less: FY20 SB1 Uses Multi-Year Initiatives (from FY19 underspending) -6,853,000 Community Safety Fund Loan -3,000,000 Downtown Ops and Homelessness Programs (from Local Marijuana Tax) -470,000 Railroad Quiet Zone Fencing -350,000 November 2018 Election (after exhausting Council Contingency) -174,000 One-time Funding for General Capital and Affordable Housing (beyond MBWC) -57,962 Other RRSF Uses (one-time funding) -1,155,818 Total Use of RRSF on SB1 -12,060,780 FY20 RRSF After SB1 $16,584,299 Funding for multi-year initiatives including Community Safety and Homeless Shelter Options was placed in RRSF as part of the FY20 Adopted Budget since the funds were not going to be spent in FY19. These funds are reappropriated from reserves on this supplemental budget. After these actions the RRSF will be $16.6 million or 9.3 percent of General Fund expenditures, which is above the RRSF target of 8 percent of General Fund expenditures.
Capital Carryover The Capital Project Carryover Reconciliation is also included in this supplemental budget. An estimate of the unspent balance in each capital project was established in the FY20 Adopted Budget. These estimates have been reconciled with the actual FY19 expenditures, and the Capital Budget is adjusted to reflect the remaining unspent balances in each project. The Capital Carryover on this supplemental budget reduces the Capital Budget by $10,323,941 and increases Balance Available by the same amount.
Non-General Fund Transactions This supplemental budget recognizes approximately $52 million in non-General Fund trans-actions, other than MBWC, encumbrances and capital carryover reconciliation. Nearly half of this total arises from recognizing and re-budgeting more than $31 million in grants and other agency share of projects revenue carried over from last year. The transactions for non-General Fund supplemental budgets are set out in Attachment A. The largest items including the following:
Community Safety: Reappropriation of Fleet funding for the Community Safety Initiative to fund fleet acquisitions ($174,690).
Housing, Jobs and Infrastructure: Reappropriation of various grants for the airport, transportation and wastewater total over $31 million. The largest new items funded on SB1 are $2 million for the Railroad Quiet Zone (western crossings) from transportation SDCs
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and pavement preservation program funding and $1.3 million for the southern crossings from the Riverfront Urban Renewal District. This supplemental budget also includes $1 million in the Construction and Rental Housing Fund (Affordable Housing Trust) which is partially funded by the General Fund transfer of $0.5 million from MBWC. These funds are to pay for projects and programs that increase availability and access to owner and renter occupied housing to lower income community members.
Efficient Government: The largest items in this category represent reappropriation of funds not expended in FY19 for telecom projects and equipment. New one-time spending includes increased corporate software operating funds, a contingency for emerging IT projects, and staffing in the professional services fund.
Engagement: Increased performance activity at the Hult Center, resulting in additional revenue and expenses in the Cultural Services Subfund, budgeted at $1.5 million.
Homelessness Operations: One-time funding of $0.9 million for homeless shelter options in the General Capital Fund.
Grants and Revenue Backed Items: There is $1.4 million of new grant revenue and revenue backed items. The largest is a grant for $779,981 for the Coburg Loop-N Coburg Industrial Way funded by a federal grant from ODOT and the City of Coburg matching funds.
Community Safety Fund This supplemental budget creates a new Community Safety Fund, as laid out in the ordinance. The fund will contain the proceeds of the payroll tax and all expenditures that are funded with the tax. In this supplemental budget, the Bridge Funding services will be transferred out of the General Fund and into the new tax, along with the $3 million loan for tax implementation and Bridge Plus funding. These services will be paid for with existing one-time dollars that are transferred as well as $3 million from the RRSF. The FY21 Proposed Budget will include repayment of this first loan, as well as provide for another loan during the remaining ramp up to implementation of the services. The second loan will be repaid in FY22, which will be the first year of full tax implementation.
Timing In some cases, expenditure authority is needed immediately to carry out City Council direction or to meet legal or program requirements. Approval of SB1 in December allows the organization to prepare more accurate mid-year projections by having the general ledger reflect the audited balances in each fund. This, in turn, enables staff to more accurately project the Beginning Working Capital for the next fiscal year’s Proposed Budget.
PREVIOUS COUNCIL DIRECTION The supplemental budget includes many budget changes as a result of previous council direction and discussion. Some of the recent council meetings that have resulted in supplemental budget appropriations include but are not limited to: November 25, 2019, Community Safety Initiative Update Council received an update on programmatic and financial information related to the Community Safety Initiative and the Payroll Tax. The update included information about this supplemental budget.
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April 8, 2019, Council Ordinance on Construction Excise Tax Council adopted the ordinance enacting the Construction Excise Tax and indicating that they would fund an additional $500,000 annually for affordable housing from other City funds. September 26, 2018, Community Safety Initiative Bridge Funding Council directed the City Manager to including funding for a bridge strategy totaling $8.6 million on a supplemental budget. February 26, 2018, Railroad Quiet Zone Funding Plan Initial Railroad Quiet Zone Funding plan that included an intention to fund $350,000 from the General Fund for gaps in fencing along the route. May 24, 2017, Budget Committee Motion on Homeless Shelter Options The Budget Committee voted to allocate $1 million dollars for future shelter options.
COUNCIL OPTIONS Particular requests requiring more information or discussion may be removed from the supplemental budget and delayed for action to a future supplemental budget. In certain cases, there may be a financial or legal impact to delaying budget approval. Council may also adopt amended appropriation amounts or funding sources for specific requests in the supplemental budget.
CITY MANAGER’S RECOMMENDATION Approve the attached resolution adopting SB1.
SUGGESTED MOTION Move to adopt a resolution adopting a Supplemental Budget; making appropriations for the City of Eugene for the fiscal year beginning July 1, 2019, and ending June 30, 2020.
ATTACHMENTS A.Transaction SummaryB.Resolution (with appropriation summaries)
FOR MORE INFORMATION Staff Contact: Vicki Silvers Telephone: 541-682-5082Staff E-Mail: VSilvers@eugene-or.gov
CC Agenda - Page 295
CC Agenda - Page 296
Transaction Summary
010 General Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.
60,834,217 2,295,822 a,d,f 63,130,039
REVENUE
Taxes 125,022,000 0 125,022,000
Licenses/Permits 9,000,543 0 9,000,543
Intergovernmental 6,145,000 2,254,784 b 8,399,784
Rental 565,802 0 565,802
Charges for Services 16,140,771 1,610,000 b 17,750,771
Fines/Forfeitures 1,856,500 0 1,856,500
Miscellaneous 3,169,414 0 3,169,414
Interfund Transfers 11,443,096 0 11,443,096
Total Revenue 173,343,126 3,864,784 177,207,910
234,177,343 6,160,606 240,337,949
II.
Department Operating
Central Services 27,401,970 3,695,577 a,b 31,097,547
Fire and Emergency Medical Services 32,885,929 570,894 a,b 33,456,823
Library, Recreation and Cultural Services 33,051,134 2,087,266 a,b,e 35,138,400
Planning and Development 8,213,562 2,215,187 a,b 10,428,749
Police 57,418,869 1,534,201 a,b 58,953,070
Public Works 6,807,147 374,641 a 7,181,788
Total Department Operating 165,778,611 10,477,766 176,256,377
Non-Departmental
Interfund Transfers 4,949,300 8,204,760 a 13,154,060
Contingency 12,000 (12,000)c 0
Special Payments 700,000 3,000,000 a 3,700,000
Reserves 31,287,898 (11,220,386)a,d,f 20,067,512
Reserve for Encumbrances 4,289,534 (4,289,534)a 0
UEFB 27,160,000 0 27,160,000
Total Non-Departmental 68,398,732 (4,317,160)64,081,572
234,177,343 6,160,606 240,337,949
a)Carryover Reconciliation:
Carryover Resources:
Beginning Working Capital Adjustment *$1,342,038
FY20 Adopted Reserve for Encumbrances $4,217,614
Total Carryover Resources $5,559,652
Main Subfund (011):
Attachment A
010 General Fund
TOTAL REQUIREMENTS
REQUIREMENTS
TOTAL RESOURCES
CHANGE TO WORKING CAPITAL
BEGINNING WORKING CAPITAL
RESOURCES
December 9, 2019, Meeting – Item 4CC Agenda - Page 297
New Resources:
Ground Emergency Medical Transport Revenue FY18 $700,222
Total New Resources $700,222
Funding from Reserves:
Contingency $12,000
Reserve for Revenue Shortfall $12,060,780
Total Funding from Reserves $12,072,780
Total Funds Available for Appropriation $18,332,654
Distribution of Funds Available for Appropriation:
Reserve for Encumbrances Distribution to Departments:
Central Services $789,220
Fire and Emergency Medical Services
Library, Recreation, and Cultural Services $110,824
Planning and Development $421,128
Police $193,191
Public Works $164,641
Total Encumbrance Distribution to Departments $1,679,004
Reappropriations from Prior Fiscal Year:
Central Services $2,107,148
Library, Recreation, and Cultural Services $149,262
Planning and Development $1,051,455
Police $336,390
Public Works $10,000
Total Reappropriations from Prior Fiscal Year $3,654,255
Other One-time Funding Requests:
Interfund Transfer to the Construction & Rental Housing Fund for Affordable Housing CET $500,000
Interfund Transfer to the General Capital Projects Fund $900,000
Interfund Transfer to the General Capital Projects Fund for RRQZ Fencing $350,000
Interfund Transfer to Community Safety Fund for Reappropriations $6,269,450
Interfund Transfer to Fleet for Community Safety Fund for Reappropriations $185,310
Interfund Loan to Community Safety Fund $3,000,000
$11,204,760
Main Subfund (011) (continued from previous page):
Central Services
Climate Recovery Ordinance Support & Planning $140,000
Downtown Operations ($21,596)
2021 Planning & Community Events $231,457
Homelessness Operations Pilot Programs $70,000
November 2019 Special Election Costs $186,000
Total Central Services One-Time Funding Requests $605,861
010 General Fund
December 9, 2019, Meeting – Item 4CC Agenda - Page 298
Fire and Emergency Medical Services
Records Management System $162,000
Total Fire and Emergency Medical Services One-Time Funding Requests $162,000
Library, Recreation and Cultural Services
Downtown Operations $230,939
Total Library, Recreation and Cultural Services One-Time Funding Requests $230,939
Planning and Development
Affordable Housing SDC Waiver for Bethel Taney Place Project $50,000
Downtown Operations $162,167
House Bill 2001 Land Use Code Project Work $75,000
River Road Santa Clara Neighborhood Plan Adoption $100,000
Total Planning and Development One-Time Funding Requests $387,167
Police
Downtown Operations ($171,510)
EPEA Contract Costs $501,091
911 GIS Services $64,397
Total Police One-Time Funding Requests $393,978
Public Works
Homeless Storage Program $60,000
Right of Way Clean-up (6 months)$140,000
Total Public Works One-Time Funding Requests $200,000
Total Other One-Time Funding Requests $13,184,705
Total Available Funds Appropriated $18,517,964
Central Services
Victims Assistance Services Grant $193,348
Fire and Emergency Medical Services
Ground Emergency Medical Transport Revenue FY18 $289,922
Assistance for Firefighters Grant $118,972
Library, Recreation, and Cultural Services
Best 4 After School Grant $47,000
Madison 3 After School Grant $10,000
Jane Higdon Bicycle Safety Grant $39,241
Planning and Development
Transportation Overlay District grant $245,437
Town Square Staffing $110,000
* Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital in the Main Subfund of the
General Fund by $1,342,038. This adjustment brings the FY20 budgeted Beginning Working Capital in compliance with
the audited FY19 actual revenues and expenditures as determined by Isler CPA, the City's external auditor.
b) Revenue Adjustments: These transactions recognize new FY20 revenues or revenue-backed expenditures and
increase operating appropriations in the following Departments:
December 9, 2019, Meeting – Item 4CC Agenda - Page 299
Main Subfund (011) (continued from previous page):
Police Department
Crisis Intervention Grant $10,709
Various Oregon Department of Transportation grants $229,967
Various Department of Justice Grants $178,350
Various Homeland Security Grants $140,016
Various Oregon Impact Grants $50,000
Various Public Safety and Training Grants $1,600
Total Revenue Adjustments $1,664,562
Starting balance $12,000
November Special Election Costs ($12,000)
Contingency balance after SB1 $0
Cultural Services Subfund (031):
Equipment Replacement Subfund (041):
FY19 FY20 FY20 FY20
Adopted Adopted SB1 Action Revised
General Fund Reserve for Revenue Shortfall $17,497,485 $28,645,079 ($12,246,090)$16,398,989
General Fund 2021 Reserve $0 $0 $0
General Fund Reserve for Property Tax Appeals $0 $0 $0
General Fund Reserve for Excess Local Marijuana Tax Revenues $0 $0 $0
Reserve for Prior Year Encumbrances $0 $4,289,534 ($4,289,534)$0
Cultural Services Subfund Reserve $2,318,444 $2,018,691 $860,231 $2,878,922
Cultural Services Reserve - Dedicated Donations for Arts $31,111 $0
Equipment Replacement Reserve $607,677 $624,128 $165,473 $789,601
Total $20,454,717 $35,577,432 ($15,509,920)$20,067,512
g) Summary of the General Fund Reserves (All Subfunds):
d) Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital by $800,811 and
increase the Cultural Services Subfund Reserve by the same amount. This adjustment brings the FY20 budgeted
Beginning Working Capital in compliance with the audited FY19 actual revenues and expenditures as determined by Isler
CPA, the City's external auditor.
e) One-time Funding Requests : Increase Charges for Services by $1,500,000 and increase the Library, Recreation
and Cultural Services (LRCS) Department operating appropriations by the same amount.
f) Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital by $152,973 and
increase the Equipment Replacement Subfund Reserve by the same amount. This adjustment brings the FY20 budgeted
Beginning Working Capital in compliance with the audited FY19 actual revenues and expenditures as determined by Isler
CPA, the City's external auditor.
010 General Fund
c) Contingency: This section is intended to provide the status of the Council's contingency account after including
transactions that are authorized by City Council to be charged against it.
December 9, 2019, Meeting – Item 4CC Agenda - Page 300
110 Special Assessments Management Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 1,126,562 16,342 a 1,142,904
CHANGE TO WORKING CAPITAL
REVENUE
Charges for Services 47,400 0 47,400
Miscellaneous 32,800 0 32,800
Interfund Transfers 30,000 0 30,000
Special Payments 2,700 0 2,700
Total Revenue 112,900 0 112,900
TOTAL RESOURCES 1,239,462 16,342 1,255,804
II.REQUIREMENTS
Department Operating
Central Services 109,440 0 109,440
Total Department Operating 109,440 0 109,440
Non-Departmental
Interfund Transfers 10,000 0 10,000
Special Payments 30,000 0 30,000
Reserve 50,000 0 50,000
Balance Available 1,040,022 16,342 a 1,056,364
Total Non-Departmental 1,130,022 16,342 1,146,364
TOTAL REQUIREMENTS 1,239,462 16,342 1,255,804
110 Special Assessments Management Fund
a) Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital by
$16,342, and increase Balance Available by the same amount. This adjustment brings the FY20 budgeted
Beginning Working Capital in compliance with the audited FY19 actual revenues and expenditures as
determined by Isler CPA, the City's external auditor.
December 9, 2019, Meeting – Item 4CC Agenda - Page 301
111 Library Local Option Levy Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 1,939,662 340,664 a 2,280,326
CHANGE TO WORKING CAPITAL
REVENUE
Taxes 2,589,000 0 2,589,000
Miscellaneous 60,000 0 60,000
Total Revenue 2,649,000 0 2,649,000
TOTAL RESOURCES 4,588,662 340,664 4,929,326
II.REQUIREMENTS
Department Operating
Library, Recreation and Cultural Services 2,477,510 (10,000)b 2,467,510
Total Department Operating 2,477,510 (10,000)2,467,510
Non-Departmental
Reserve 2,111,152 0 2,111,152
Balance Available 0 350,664 a,b 350,664
Total Non-Departmental 2,111,152 350,664 2,461,816
TOTAL REQUIREMENTS 4,588,662 340,664 4,929,326
111 Library Local Option Levy Fund
a) Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital by
$340,664 and increase Balance Available by the same amount. This adjustment brings the FY20 budgeted
Beginning Working Capital in compliance with the audited FY19 actual revenues and expenditures as
determined by Isler CPA, the City's external auditor.
b) Encumbrance Estimate Reconciliation: Reduce the Library, Recreation and Cultural Services
Department operating appropriations by $10,000 to reconcile the amount estimated for payment of obligations
incurred but not paid in FY19 to the actual amount paid, and increase Balance Available by the same amount.
December 9, 2019, Meeting – Item 4CC Agenda - Page 302
112 Parks and Rec Local Option Levy Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 1,171,138 318,531 a 1,489,669
CHANGE TO WORKING CAPITAL
REVENUE
Taxes 3,023,000 0 3,023,000
Miscellaneous 7,000 0 7,000
Total Revenue 3,030,000 0 3,030,000
TOTAL RESOURCES 4,201,138 318,531 4,519,669
II.REQUIREMENTS
Department Operating
Central Services 100,000 0 100,000
Library, Recreation and Cultural Services 50,000 0 50,000
Police 431,689 (63)b,d 431,626
Public Works 2,798,297 68,086 c,d 2,866,383
Total Department Operating 3,379,986 68,023 3,448,009
Non-Departmental
Balance Available 821,152 250,508 a,b,c,d 1,071,660
Total Non-Departmental 821,152 250,508 1,071,660
TOTAL REQUIREMENTS 4,201,138 318,531 4,519,669
112 Parks and Rec Local Option Levy Fund
a) Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital by
$318,531 and increase Balance Available by the same amount. This adjustment brings the FY20 budgeted
Beginning Working Capital in compliance with the audited FY19 actual revenues and expenditures as
determined by Isler CPA, the City's external auditor.
b) One-Time Funding Requests: Increase Police Department operating appropriations by $1,200 for an
increase in EPEA contract costs and decrease Balance Available by the same amount.
d) Encumbrance Estimate Reconciliation: Decrease Police Department operating appropriations by $1,263
and decrease Public Works Department operating appropriation by $235,690 to reconcile the amount
estimated for payment of obligations incurred but not paid in FY19 to the actual amount paid, and increase
Balance Available by the same amount.
c) Reappropriations: Reappropriate $303,776 in Public Works Department operating appropriations and
decrease Balance Available by the same amount for work not completed in FY19.
December 9, 2019, Meeting – Item 4CC Agenda - Page 303
130 Public Safety Communications Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 2,296,098 179,268 a 2,475,366
CHANGE TO WORKING CAPITAL
REVENUE
Intergovernmental 1,650,000 0 1,650,000
Charges for Services 121,611 0 121,611
Miscellaneous 55,000 0 55,000
Total Revenue 1,826,611 0 1,826,611
TOTAL RESOURCES 4,122,709 179,268 4,301,977
II.REQUIREMENTS
Department Operating
Police 2,381,042 45,628 b,c 2,426,670
Total Department Operating 2,381,042 45,628 2,426,670
Non-Departmental
Interfund Transfers 225,000 0 225,000
Balance Available 1,516,667 133,640 a,b,c 1,650,307
Total Non-Departmental 1,741,667 133,640 1,875,307
TOTAL REQUIREMENTS 4,122,709 179,268 4,301,977
130 Public Safety Communications Fund
c) Encumbrance Estimate Reconciliation: Decrease Police Department operating appropriations by $2,521
to reconcile the amount estimated for payment of obligations incurred but not paid in FY19 to the actual
amount paid, and increase Balance Available by the same amount.
a) Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital by
$179,268, and increase Balance Available by the same amount. This adjustment brings the FY20 budgeted
Beginning Working Capital in compliance with the audited FY19 actual revenues and expenditures as
determined by Isler CPA, the City's external auditor.
b) One-Time Funding Requests: Increase Police Department operating appropriations by $48,149 for
increase in EPEA contract costs and decrease Balance Available by the same amount.
December 9, 2019, Meeting – Item 4CC Agenda - Page 304
131 Road Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 3,283,519 1,197,097 a 4,480,616
CHANGE TO WORKING CAPITAL
REVENUE
Licenses/Permits 2,179,000 0 2,179,000
Intergovernmental 12,898,000 954,316 b,c,e 13,852,316
Rental 100,000 0 100,000
Charges for Services 382,500 0 382,500
Miscellaneous 243,790 0 243,790
Total Revenue 15,803,290 954,316 16,757,606
TOTAL RESOURCES 19,086,809 2,151,413 21,238,222
II.REQUIREMENTS
Department Operating
Public Works 14,913,111 1,001,339 b,c,d,e 15,914,450
Total Department Operating 14,913,111 1,001,339 15,914,450
Non-Departmental
Interfund Transfers 2,947,000 0 2,947,000
Balance Available 1,226,698 1,150,074 a,b,d 2,376,772
Total Non-Departmental 4,173,698 1,150,074 5,323,772
TOTAL REQUIREMENTS 19,086,809 2,151,413 21,238,222
131 Road Fund
a) Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital by
$1,197,097 and increase Balance Available by the same amount. This adjustment brings the FY20 budgeted
Beginning Working Capital in compliance with the audited FY19 actual revenues and expenditures as
determined by Isler CPA, the City's external auditor.
d) Encumbrance Estimate Reconciliation: Decrease Public Works Department operating appropriations by
$11,735 to reconcile the amount estimated for payment of obligations incurred but not paid in FY19 to the
actual amount paid, and increase Balance Available by the same amount.
b) Reappropriations: Reappropriate $525,166 in Intergovernmental revenue for previous years grants and
increase Public Works Department operating appropriations by the same amount. Reappropriate $58,758 in
Public Works Department Operating appropriations for Median Design projects and decrease Balance
Available by the same amount.
c) New Revenues: Recognize $425,000 in Intergovernmental revenue in ODOT grants for the SmartTrips
Active Downtown and Transportation Demand Management grants and increase Public Works Department
operating appropriations by the same amount.
e) One-Time Funding Requests: Increase Intergovernmental revenue by $4,150 and increase Public Works
Department operating appropriations for the I-105 Bike Share Grant by the same amount.
December 9, 2019, Meeting – Item 4CC Agenda - Page 305
135 Telecom Registration/Licensing Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 4,637,102 1,490,624 a 6,127,726
CHANGE TO WORKING CAPITAL
REVENUE
Licenses/Permits 2,900,000 0 2,900,000
Miscellaneous 162,000 0 162,000
Total Revenue 3,062,000 0 3,062,000
TOTAL RESOURCES 7,699,102 1,490,624 9,189,726
II.REQUIREMENTS
Department Operating
Central Services 4,577,239 2,107,798 b,c 6,685,037
Total Department Operating 4,577,239 2,107,798 6,685,037
Non-Departmental
Debt Service 42,000 0 42,000
Interfund Transfers 3,000 0 3,000
Special Payments 120,000 0 120,000
Reserves 168,847 0 168,847
Balance Available 2,788,016 (617,174)a,b,c 2,170,842
Total Non-Departmental 3,121,863 (617,174)2,504,689
TOTAL REQUIREMENTS 7,699,102 1,490,624 9,189,726
135 Telecom Registration/Licensing Fund
b) Reappropriations: Increase Central Services Department operating appropriations by $2,164,265 for the
Downtown High Speed Fiber project and other telecommunication projects not completed in the prior fiscal
year and decrease Balance Available by the same amount.
a) Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital by
$1,490,624 and increase Balance Available by the same amount. This adjustment brings the FY20 budgeted
Beginning Working Capital in compliance with the audited FY19 actual revenues and expenditures as
determined by Isler CPA, the City's external auditor.
c) Encumbrance Estimate Reconciliation: Decrease Central Services Department operating
appropriations by $56,467 to reconcile the amount estimated for payment of obligations incurred but not paid
in FY19 to the actual amount paid, and increase Balance Available by the same amount.
December 9, 2019, Meeting – Item 4CC Agenda - Page 306
136 Community Safety Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 0 0 0
CHANGE TO WORKING CAPITAL
REVENUE
Intergovernmental 0 0 0
Charges for Services 0 0 0
Miscellaneous 0 0 0
Interfund Transfers 0 6,269,450 a 6,269,450
Special Payments 0 3,000,000 b 3,000,000
Total Revenue 0 9,269,450 9,269,450
TOTAL RESOURCES 0 9,269,450 9,269,450
II.REQUIREMENTS
Department Operating
Central Services 0 4,294,630 4,294,630
Police 0 4,664,192 4,664,192
Library, Recreation and Cultural Services 0 110,628 110,628
Total Department Operating 0 9,069,450 9,069,450
Non-Departmental
Interfund Transfers 0 200,000 b 200,000
Special Payments 0 0 0
Reserve 0 0 0
Reserve for Encumbrances 0 0 0
Balance Available 0 0 0
Total Non-Departmental 0 200,000 200,000
TOTAL REQUIREMENTS 0 9,269,450 9,269,450
136 Community Safety Fund
a) Fund Creation: To create the new Community Safety Fund, transfer the remainder of the $8.6 million Bridge
Funding appropriations from the General Fund to the new fund. This consists of $3,144,630 in Central Services
Department operating appropriations, $3,014,192 in Police Department operating appropriations, and $110,628
in Library, Recreation and Cultural Services Department operating appropriations representing Bridge Funding
work not completed in FY19 in the General Fund.
b) One-Time Funding Requests: Increase Special Payments by $3,000,000 for an Interfund Loan from the
General Fund, increase Central Services Department operating appropriations by $1,150,000 for Payroll Tax
implementation and community safety expenditures, increase Police Department operating appropriations by
$1,650,000 for community safety expenditures, and increase Interfund Transfers by $200,000 for Ambulance
Transport Fund support. This represents the Bridge Plus funding package that will be repaid with Payroll Tax
receipts in FY21.
December 9, 2019, Meeting – Item 4CC Agenda - Page 307
150 Construction and Rental Housing Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 6,798,669 3,567,381 a 10,366,050
CHANGE TO WORKING CAPITAL
REVENUE
Licenses/Permits 4,565,685 0 4,565,685
Charges for Services 5,489,050 500,000 c 5,989,050
Fines/Forfeitures 25,000 0 25,000
Interfund Transfers 0 500,000 c 500,000
Miscellaneous 192,000 0 192,000
Total Revenue 10,271,735 1,000,000 11,271,735
TOTAL RESOURCES 17,070,404 4,567,381 21,637,785
II.REQUIREMENTS
Department Operating
Fire and Emergency Medical Services 357,432 0 357,432
Planning and Development 8,703,376 1,055,576 b,c 9,758,952
Public Works 505,577 0 505,577
Total Department Operating 9,566,385 1,055,576 10,621,961
Non-Departmental
Interfund Transfers 1,024,000 0 1,024,000
Special Payments 1,020,000 0 1,020,000
Balance Available 5,460,019 3,511,805 a,b,c 8,971,824
Total Non-Departmental 7,504,019 3,511,805 11,015,824
TOTAL REQUIREMENTS 17,070,404 4,567,381 21,637,785
150 Construction and Rental Housing Fund
a) Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital by
$3,567,381 and increase Balance Available by the same amount. This adjustment brings the FY20 budgeted
Beginning Working Capital in compliance with the audited FY19 actual revenues and expenditures as
determined by Isler CPA, the City's external auditor.
b) Encumbrance Estimate Reconciliation: Reduce Planning and Development Department operating
appropriations by $59,424 to reconcile the amount estimated for payment of obligations incurred but not paid
in FY19 to the actual amount paid, and increase Balance Available by the same amount.
c) One-Time Funding Requests: Increase Charges for Services (Construction Excise Tax) by $500,000,
increase Interfund transfers by $500,000 (from the General Fund, per Ordinance 20609), and increase
Planning and Development Department operating appropriations by $1,000,000 for work related to
Construction Excise Tax ($1,000,000). Increase Planning and Development Department operating
appropriations by $115,000 for additional staffing inspection and technical support positions ($80,000),
inspector vehicle ($35,000), and decrease Balance Available by $115,000.
December 9, 2019, Meeting – Item 4CC Agenda - Page 308
155 Solid Waste/Recycling Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 723,317 139,142 a 862,459
CHANGE TO WORKING CAPITAL
REVENUE
Licenses/Permits 1,041,420 0 1,041,420
Miscellaneous 32,000 0 32,000
Total Revenue 1,073,420 0 1,073,420
TOTAL RESOURCES 1,796,737 139,142 1,935,879
II.REQUIREMENTS
Department Operating
Planning and Development 1,199,548 9,865 b,c 1,209,413
Total Department Operating 1,199,548 9,865 1,209,413
Non-Departmental
Interfund Transfers 221,000 0 221,000
Balance Available 376,189 129,277 a,b,c 505,466
Total Non-Departmental 597,189 129,277 726,466
TOTAL REQUIREMENTS 1,796,737 139,142 1,935,879
155 Solid Waste/Recycling Fund
a) Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital by
$139,142 and increase Balance Available by the same amount. This adjustment brings the FY20 budgeted
Beginning Working Capital in compliance with the audited FY19 actual revenues and expenditures as
determined by Isler CPA, the City's external auditor.
c) Encumbrance Estimate Reconciliation: Reduce Planning and Development Department operating
appropriations by $25,135 to reconcile the amount estimated for payment of obligations incurred but not paid
in FY19 to the actual amount paid, and increase Balance Available by the same amount.
b) One-Time Funding Requests: Increase Planning and Development Department operating appropriations
by $35,000 for the design and build of Oak Alley Waste Enclosure and decrease Balance Available by the
same amount.
December 9, 2019, Meeting – Item 4CC Agenda - Page 309
170 Community Development Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 4,703,087 (1,581,155)a 3,121,932
CHANGE TO WORKING CAPITAL
REVENUE
Intergovernmental 8,261,927 0 8,261,927
Charges for Services 50,500 0 50,500
Miscellaneous 765,449 0 765,449
Special Payments 2,394,000 0 2,394,000
Total Revenue 11,471,876 0 11,471,876
TOTAL RESOURCES 16,174,963 (1,581,155)14,593,808
II.REQUIREMENTS
Department Operating
Planning and Development 3,586,275 (506,965)a,b 3,079,310
Total Department Operating 3,586,275 (506,965)3,079,310
Capital Projects
Capital Projects 704,645 (380,330)a 324,315
Capital Carryover 868,972 (488,642)a 380,330
Total Capital Projects 1,573,617 (868,972)704,645
Non-Departmental
Debt Service 371,249 0 371,249
Interfund Transfers 176,000 0 176,000
Special Payments 8,909,961 (371,916)a 8,538,045
Reserves 1,257,861 159,893 a 1,417,754
Balance Available 300,000 6,805 a,b 306,805
Total Non-Departmental 11,015,071 (205,218)10,809,853
TOTAL REQUIREMENTS 16,174,963 (1,581,155)14,593,808
170 Community Development Fund
a) Beginning Working Capital Reconciliation: Decrease the budgeted Beginning Working Capital by
$1,581,155, decrease Planning and Development Department operating appropriation by $443,506, decrease
Capital Projects appropriation by $380,330, decrease Capital Carryover by $488,642, decrease Special
Payments by $371,916, increase Reserves by $159,893, and decrease Balance Available by $56,654. These
adjustments bring the FY20 budgeted Beginning Working Capital in compliance with the audited FY19 actual
revenues and expenditures as determined by Isler CPA, the City's external auditor.
b) Encumbrance Estimate Reconciliation: Reduce Planning and Development Department operating
appropriations by $63,459 to reconcile the amount estimated for payment of obligations incurred but not paid
in FY19 to the actual amount paid, and increase Balance Available by the same amount.
December 9, 2019, Meeting – Item 4CC Agenda - Page 310
180 Library, Parks, and Recreation Special Revenue Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 5,433,565 324,851 a 5,758,416
CHANGE TO WORKING CAPITAL
REVENUE
Rental 34,920 0 34,920
Charges for Services 25,000 0 25,000
Miscellaneous 590,620 0 590,620
Special Payments 5,700 0 5,700
Total Revenue 656,240 0 656,240
TOTAL RESOURCES 6,089,805 324,851 6,414,656
II.REQUIREMENTS
Department Operating
Library Recreation and Cultural Svcs 385,500 0 385,500
Total Department Operating 385,500 0 385,500
Capital Projects
Capital Projects 55,918 0 55,918
Capital Carryover 794,507 8,713 b 803,220
Total Capital Projects 850,425 8,713 859,138
Non-Departmental
Reserves 3,677,149 314,322 a 3,991,471
Special Payments 108,900 (2,510)a 106,390
Balance Available 1,067,831 4,326 a,b 1,072,157
Total Non-Departmental 4,853,880 316,138 5,170,018
TOTAL REQUIREMENTS 6,089,805 324,851 6,414,656
180 Library, Parks, and Recreation Special Revenue Fund
a) Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital by
$324,851, decrease Special Payments by $2,510, increase Reserves by $314,322, and increase Balance
Available by $13,039. These adjustments bring the FY20 budgeted Beginning Working Capital in compliance
with the audited FY19 actual revenues and expenditures as determined by Isler CPA, the City's external
auditor.
b) Capital Carryover Reconciliation: Increase Capital Carryover appropriations by $8,713 and decrease
Balance Available by the same amount. This adjustment reconciles the FY20 Capital Carryover Estimate to
the actual ending FY19 capital projects balance.
December 9, 2019, Meeting – Item 4CC Agenda - Page 311
211 General Obligation Debt Service Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 556,393 (109,778)a 446,615
CHANGE TO WORKING CAPITAL
REVENUE
Taxes 13,206,650 0 13,206,650
Miscellaneous 141,000 0 141,000
Total Revenue 13,347,650 0 13,347,650
TOTAL RESOURCES 13,904,043 (109,778)13,794,265
II.REQUIREMENTS
Non-Departmental
Debt Service 13,904,043 (109,778)a 13,794,265
Total Non-Departmental 13,904,043 (109,778)13,794,265
TOTAL REQUIREMENTS 13,904,043 (109,778)13,794,265
211 General Obligation Debt Service Fund
a) Beginning Working Capital Reconciliation: Decrease the budgeted Beginning Working Capital by
$109,778 and decrease Debt Service by the same amount. This adjustment brings the FY20 budgeted
Beginning Working Capital in compliance with the audited FY19 actual revenues and expenditures as
determined by Isler CPA, the City's external auditor.
December 9, 2019, Meeting – Item 4CC Agenda - Page 312
250 Special Assessment Bond Debt Service Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 77,794 (561)a 77,233
CHANGE TO WORKING CAPITAL
REVENUE
Miscellaneous 28,000 0 28,000
Special Payments 181,000 0 181,000
Total Revenue 209,000 0 209,000
TOTAL RESOURCES 286,794 (561)286,233
II.REQUIREMENTS
Non-Departmental
Debt Service 180,000 0 180,000
Interfund Transfers 10,000 0 10,000
Reserves 96,794 (561)a 96,233
Total Non-Departmental 286,794 (561)286,233
TOTAL REQUIREMENTS 286,794 (561)286,233
250 Special Assessment Bond Debt Service Fund
a) Beginning Working Capital Reconciliation: Decrease the budgeted Beginning Working Capital by $561
and decrease Reserves by the same amount. This adjustment brings the FY20 budgeted Beginning Working
Capital in compliance with the audited FY19 actual revenues and expenditures as determined by Isler CPA,
the City's external auditor.
December 9, 2019, Meeting – Item 4CC Agenda - Page 313
310 General Capital Projects Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 56,409,937 (1,205,614)a 55,204,323
CHANGE TO WORKING CAPITAL
REVENUE
Intergovernmental 0 103,496 b 103,496
Rental 0 0 0
Charges for Services 0 0 0
Miscellaneous 570,000 0 570,000
Interfund Transfers 3,369,300 1,250,000 c 4,619,300
Special Payments 0 746,623 a 746,623
Total Revenue 3,939,300 2,100,119 6,039,419
TOTAL RESOURCES 60,349,237 894,505 61,243,742
II.REQUIREMENTS
Department Operating
Library, Recreation & Cultural Services 20,000 0 20,000
Total Department Operating 20,000 0 20,000
Capital Projects
Capital Projects 13,312,308 2,253,496 a,b,c,d 15,565,804
Capital Carryover 27,572,783 (1,512,079)a,e 26,060,704
Total Capital Projects 40,885,091 741,417 41,626,508
Non-Departmental
Debt Service 0 0 0
Interfund Transfers 0 0 0
Reserve 1,776,560 0 1,776,560
Balance Available 17,667,586 153,088 a,c,d 17,820,674
Total Non-Departmental 19,444,146 153,088 19,597,234
TOTAL REQUIREMENTS 60,349,237 894,505 61,243,742
310 General Capital Projects Fund
a) Beginning Working Capital Reconciliation: Decrease the budgeted Beginning Working Capital by
$1,205,614, increase Fiscal Transactions (GO Bond line of credit draws) by $746,623, decrease Capital
Carryover appropriations by $55,555, and decrease Balance Available by $403,436. These adjustments bring
the FY20 Budgeted Beginning Working Capital in compliance with the audited FY19 actual revenues and
expenditures as determined by Isler CPA, the City's external auditor.
b) New Revenues: Recognize Intergovernmental revenue by $103,496 for fire facilities and increase Capital
Projects by the same amount.
d) Capital Carryover Reconciliation: Decrease Capital Carryover appropriations by $1,456,524 and
increase Balance Available by the same amount. This adjustment reconciles the FY20 Capital Carryover
Estimate to the actual ending FY19 capital projects balance.
c) One-Time Funding Requests: Increase Interfund Transfers by $1,250,000 for transfers from the General
Fund, increase capital appropriations by $1,250,000 for Homeless Shelter Options ($900,000) and Railroad
Quiet Zone fencing ($350,000).
December 9, 2019, Meeting – Item 4CC Agenda - Page 314
330 System Development Capital Projects Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 35,910,760 330,416 a 36,241,176
CHANGE TO WORKING CAPITAL
REVENUE
Rental 60,000 0 60,000
Charges for Services 7,758,841 0 7,758,841
Miscellaneous 884,463 0 884,463
Total Revenue 8,703,304 0 8,703,304
TOTAL RESOURCES 44,614,064 330,416 44,944,480
II.REQUIREMENTS
Department Operating
Planning and Development 181,493 0 181,493
Public Works 477,409 0 477,409
Total Department Operating 658,902 0 658,902
Capital Projects
Capital Projects 11,851,500 1,981,105 b 13,832,605
Capital Carryover 21,734,593 (1,182,750)c 20,551,843
Total Capital Projects 33,586,093 798,355 34,384,448
Non-Departmental
Interfund Transfers 57,000 0 57,000
Balance Available 10,312,069 (467,939)a,b,c 9,844,130
10,369,069 (467,939)9,901,130
TOTAL REQUIREMENTS 44,614,064 330,416 44,944,480
330 System Development Capital Projects Fund
a) Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital by
$330,416 and increase Balance Available by the same amount. This adjustment brings the FY20 Budgeted
Beginning Working Capital in compliance with the audited FY19 actual revenues and expenditures as
determined by Isler CPA, the City's external auditor.
c) Capital Carryover Reconciliation: Decrease Capital Carryover appropriations by $1,182,750 and
increase Balance Available by the same amount. This adjustment reconciles the FY20 Capital Carryover
Estimate to the actual ending FY19 capital projects balance.
b) One-Time Funding Requests: Increase Capital Projects appropriation by $1,981,105 for Alder Street
($32,000), Railroad Quiet Zone ($1,000,000), Amazon Active Transportation ($373,795), Garden Avenue
($295,310), and S. Willamette Street ($280,000). Decrease Balance Available by same amount.
December 9, 2019, Meeting – Item 4CC Agenda - Page 315
340 Transportation Capital Projects Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 42,785,756 (22,051,465)a 20,734,291
CHANGE TO WORKING CAPITAL
REVENUE
Taxes 3,100,000 0 3,100,000
Intergovernmental 2,955,000 21,808,206 b,c 24,763,206
Rental 35,000 0 35,000
Miscellaneous 116,000 0 116,000
Interfund Transfers 1,950,000 0 1,950,000
Special Payments 9,915,000 0 9,915,000
Total Revenue 18,071,000 21,808,206 39,879,206
TOTAL RESOURCES 60,856,756 (243,259)60,613,497
II.REQUIREMENTS
Capital Projects
Capital Projects 17,955,000 1,866,526 c,d 19,821,526
Capital Carryover 41,129,767 (3,254,464)e 37,875,303
Total Capital Projects 59,084,767 (1,387,938)57,696,829
Non-Departmental
Balance Available 1,771,989 1,144,679 a,b,d,e 2,916,668
Total Non-Departmental 1,771,989 1,144,679 2,916,668
TOTAL REQUIREMENTS 60,856,756 (243,259)60,613,497
340 Transportation Capital Projects Fund
a) Beginning Working Capital Reconciliation: Decrease the budgeted Beginning Working Capital by
$22,051,465 and decrease Balance Available by the same amount. This adjustment brings the FY20
budgeted Beginning Working Capital in compliance with the audited FY19 actual revenues and expenditures
as determined by Isler CPA, the City's external auditor.
b) Reappropriations: Reappropriate $21,028,225 in Intergovernmental revenue for previous years' grants
and increase Balance Available by the same amount.
e) Capital Carryover Reconciliation: Decrease Capital Carryover appropriations by $3,254,464 and
increase Balance Available by the same amount. This adjustment reconciles the FY20 Capital Carryover
Estimate to the actual ending FY19 capital projects balance.
c) New Revenues: Recognize Intergovernmental revenue associated with ODOT grants and City of Coburg
in the amount of $779,981 for the Coburg Loop project and increase Capital Projects appropriations by the
same amount.
d) One-Time Funding Requests: Increase Capital Projects appropriation by $1,086,545 for City tree capital
projects ($86,545) and Railroad Quiet Zone - West ($1,000,000) and decrease Balance Available by the same
amount.
December 9, 2019, Meeting – Item 4CC Agenda - Page 316
350 Special Assessment Capital Projects Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 1,404,735 18,427 a 1,423,162
CHANGE TO WORKING CAPITAL
REVENUE
Miscellaneous 40,194 0 40,194
Total Revenue 40,194 0 40,194
TOTAL RESOURCES 1,444,929 18,427 1,463,356
II.REQUIREMENTS
Non-Departmental
Interfund Transfers 20,000 0 20,000
Balance Available 1,424,929 18,427 a 1,443,356
Total Non-Departmental 1,444,929 18,427 1,463,356
TOTAL REQUIREMENTS 1,444,929 18,427 1,463,356
350 Special Assessment Capital Projects Fund
a) Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital by
$18,427 and increase Balance Available by the same amount. This adjustment brings the FY20 Budgeted
Beginning Working Capital in compliance with the audited FY19 actual revenues and expenditures as
determined by Isler CPA, the City's external auditor.
December 9, 2019, Meeting – Item 4CC Agenda - Page 317
510 Municipal Airport Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 25,365,374 (10,434,243)a 14,931,131
CHANGE TO WORKING CAPITAL
REVENUE
Licenses/Permits 43,700 0 43,700
Intergovernmental 9,519,000 8,833,258 b 18,352,258
Rental 1,006,102 0 1,006,102
Charges for Services 14,859,082 0 14,859,082
Fines/Forfeitures 3,200 0 3,200
Miscellaneous 193,602 0 193,602
Total Revenue 25,624,686 8,833,258 34,457,944
TOTAL RESOURCES 50,990,060 (1,600,985)49,389,075
II.REQUIREMENTS
Department Operating
Fire and Emergency Medical Services 1,291,890 0 1,291,890
Police 1,114,114 3,560 e 1,117,674
Public Works 9,936,238 (227,159)d,e 9,709,079
Total Department Operating 12,342,242 (223,599)12,118,643
Capital Projects
Capital Projects 11,612,500 300,000 e 11,912,500
Capital Carryover 11,407,448 (1,421,520)c 9,985,928
Total Capital Projects 23,019,948 (1,121,520)21,898,428
Non-Departmental
Interfund Transfers 744,000 0 744,000
Reserves 6,358,213 (1,135,863)a,b 5,222,350
Balance Available 8,525,657 879,997 a,c,d,e 9,405,654
Total Non-Departmental 15,627,870 (255,866)15,372,004
TOTAL REQUIREMENTS 50,990,060 (1,600,985)49,389,075
510 Municipal Airport Fund
a) Beginning Working Capital Reconciliation: Decrease the budgeted Beginning Working Capital by
$10,434,243, decrease Reserves by $9,969,121, and decrease Balance Available by $465,122. This adjustment
brings the FY20 Budgeted Beginning Working Capital in compliance with the audited FY19 actual revenues and
expenditures as determined by Isler CPA, the City's external auditor.
c) Capital Carryover Reconciliation: Decrease Capital Carryover appropriations by $1,421,520 and increase
Balance Available by the same amount. This adjustment reconciles the FY20 Capital Carryover Estimate to the
actual ending FY19 capital projects balance.
b) Reappropriations: Recognize Intergovernmental revenues for previously budgeted Airport grants in the amount
of $8,833,258 and increase Reserves by the same amount.
d) Encumbrance Estimate Reconciliation: Decrease the Public Works Department operating appropriations by
$403,159 to reconcile the amount estimated for payment of obligations incurred but not paid in FY19 to the actual
amount paid, and increase Balance Available by the same amount.
e) One-Time Funding Requests: Increase Police Department operating appropriation by $3,560 for EPEA
contract costs, increase Public Works Operating appropriation by $176,000 for Wildlife Biology Contract ($84,000)
and Jet Bridge Repairs ($92,000), increase Capital appropriation by $300,000 for Checked Baggage Inspection
System and decrease Balance Available by $479,560 .December 9, 2019, Meeting – Item 4CC Agenda - Page 318
520 Parking Services Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 3,201,494 (1,851,240)a 1,350,254
CHANGE TO WORKING CAPITAL
REVENUE
Rental 638,105 0 638,105
Charges for Services 6,147,858 95,000 b 6,242,858
Fines/Forfeitures 1,224,500 0 1,224,500
Miscellaneous 70,000 0 70,000
Total Revenue 8,080,463 95,000 8,175,463
TOTAL RESOURCES 11,281,957 (1,756,240)9,525,717
II.REQUIREMENTS
Department Operating
Central Services 399,788 (683)c 399,105
Planning and Development 6,376,876 (319,650)b,c,e 6,057,226
Public Works 93,033 0 93,033
Total Department Operating 6,869,697 (320,333)6,549,364
Capital Projects
Capital Projects 1,000,000 (170,137)a,e 829,863
Capital Carryover 1,617,987 (833,097)d 784,890
Total Capital Projects 2,617,987 (1,003,234)1,614,753
Non-Departmental
Debt Service 26,250 0 26,250
Interfund Transfers 1,185,350 0 1,185,350
Special Payments 150,000 0 150,000
Balance Available 432,673 (432,673)a,c,d,e 0
Total Non-Departmental 1,794,273 (432,673)1,361,600
TOTAL REQUIREMENTS 11,281,957 (1,756,240)9,525,717
520 Parking Services Fund
c) Encumbrance Estimate Reconciliation: Reduce Central Services Department operating appropriations by $683
and Planning and Development Department operating appropriations by $484,650 to reconcile the amount estimated
for payment of obligations incurred but not paid in FY19 to the actual amount paid, and increase Balance Available by
the same amount.
a) Beginning Working Capital Reconciliation : Decrease the budgeted Beginning Working Capital by $1,851,240,
decrease Capital Projects by $250,137 and decrease Balance Available by $1,601,103. This adjustment brings the
FY20 Budgeted Beginning Working Capital in compliance with the audited FY19 actual revenues and expenditures as
determined by Isler CPA, the City's external auditor.
d) Capital Carryover Reconciliation: Decrease Capital Carryover appropriations by $833,097 and increase Balance
Available by the same amount. This adjustment reconciles the FY20 Capital Carryover Estimate to the actual ending
FY19 capital projects balance.
e) One-Time Funding Requests: Increase Capital Projects appropriation by $80,000 for Deck Coating Project,
decrease Balance Available by $150,000 for Overpark and Parcade gate-arm upgrades and increase Planning and
Development Department operating appropriations by $70,000.
b) New Revenues: Recognize Charges for Services revenue in the amount of $95,000 as a result of 13th and Olive
parking garage space rental and permit sales and increase the Planning and Development Department operating
appropriations by the same amount.
December 9, 2019, Meeting – Item 4CC Agenda - Page 319
530 Wastewater Utility Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 8,329,310 (2,704,156)a 5,625,154
CHANGE TO WORKING CAPITAL
REVENUE
Licenses/Permits 16,000 0 16,000
Rental 6,132 0 6,132
Charges for Services 56,958,713 2,442,319 a,d,e 59,401,032
Fines/Forfeitures 5,000 0 5,000
Miscellaneous 154,500 0 154,500
Total Revenue 57,140,345 2,442,319 59,582,664
TOTAL RESOURCES 65,469,655 (261,837)65,207,818
II.REQUIREMENTS
Department Operating
Public Works 25,805,489 92,002 b,d 25,897,491
Total Department Operating 25,805,489 92,002 25,897,491
Capital Projects
Capital Projects 2,143,150 0 2,143,150
Capital Carryover 5,249,245 (1,412,491)c 3,836,754
Total Capital Projects 7,392,395 (1,412,491)5,979,904
Non-Departmental
Interfund Transfers 1,820,000 0 1,820,000
Special Payments 28,636,000 467,000 e 29,103,000
Balance Available 1,815,771 591,652 a,b,c 2,407,423
Total Non-Departmental 32,271,771 1,058,652 33,330,423
TOTAL REQUIREMENTS 65,469,655 (261,837)65,207,818
530 Wastewater Utility Fund
d) Reappropriations: Increase Public Works Department operating appropriations by $871,150 for major
wastewater projects that were not completed in the prior fiscal year, and increase Charges for Services
revenues by the same amount.
a) Beginning Working Capital Reconciliation: Decrease the budgeted Beginning Working Capital by
$2,704,156, increase Charges for Services revenues by $1,104,169, and decrease Balance Available by
$1,599,987. These adjustments bring the FY20 Budgeted Beginning Working Capital in compliance with the
audited FY19 actual revenues and expenditures as determined by Isler CPA, the City's external auditor.
b) Encumbrance Estimate Reconciliation: Decrease the Public Works Department operating
appropriations by $779,148 to reconcile the amount estimated for payment of obligations incurred but not paid
in FY19 to the actual amount paid, and increase Balance Available by the same amount.
c) Capital Carryover Reconciliation: Decrease Capital Carryover appropriations by $1,412,491 and
increase Balance Available by the same amount. This adjustment reconciles the FY20 Capital Carryover
Estimate to the actual ending FY19 capital projects balance.
e) One-Time Funding Requests: Increase Charges for Services by $467,000 and increase Special
Payments by the same amount for pass-through.December 9, 2019, Meeting – Item 4CC Agenda - Page 320
539 Stormwater Utility Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 13,664,963 464,932 a 14,129,895
CHANGE TO WORKING CAPITAL
REVENUE
Licenses/Permits 172,000 0 172,000
Intergovernmental 9,000 709,527 b,c 718,527
Charges for Services 20,303,112 0 20,303,112
Miscellaneous 292,000 0 292,000
Total Revenue 20,776,112 709,527 21,485,639
TOTAL RESOURCES 34,441,075 1,174,459 35,615,534
II.REQUIREMENTS
Department Operating
Public Works 17,617,703 (16,306)b,c,f 17,601,397
Total Department Operating 17,617,703 (16,306)17,601,397
Capital Projects
Capital Projects 2,915,000 5,300 e 2,920,300
Capital Carryover 5,734,614 361,158 d 6,095,772
Total Capital Projects 8,649,614 366,458 9,016,072
Non-Departmental
Interfund Transfers 1,202,000 0 1,202,000
Special Payments 15,000 0 15,000
Balance Available 6,956,758 824,307 a,b,d,e,f 7,781,065
Total Non-Departmental 8,173,758 824,307 8,998,065
TOTAL REQUIREMENTS 34,441,075 1,174,459 35,615,534
539 Stormwater Utility Fund
a) Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital by $464,932
and increase Balance Available by the same amount. This adjustment brings the FY20 Budgeted Beginning
Working Capital in compliance with the audited FY19 actual revenues and expenditures as determined by Isler
CPA, the City's external auditor.
c) New Revenues: Recognize Intergovernmental revenue in the amount of $47,000 for a BLM Native Plant
Materials grant and increase Public Works Department operating appropriations by the same amount.
b) Reappropriations: Recognize Intergovernmental revenues supporting previously budgeted Stormwater
operating grants in the amount of $662,527, increase Public Works Department operating appropriations by
$204,882, and increase Balance Available by $457,645.
d) Capital Carryover Reconciliation: Decrease Capital Carryover appropriation by $361,158 and decrease
Balance Available by the same amount. This adjustment reconciles the FY20 Capital Carryover Estimate to the
actual ending FY19 capital projects balance.
e) One-Time Funding Requests: Increase Capital Projects by $5,300 for City Trees project and decrease
Balance Available by the same amount.
f) Encumbrance Estimate Reconciliation: Reduce the Public Works Department operating appropriations by
$268,188 to reconcile the amount estimated for payment of obligations incurred but not paid in FY19 to the
actual amount paid, and increase Balance Available by the same amount.December 9, 2019, Meeting – Item 4CC Agenda - Page 321
592 Ambulance Transport Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 1,442,428 (572,320)a 870,108
CHANGE TO WORKING CAPITAL
REVENUE
Intergovernmental 0 47,000 b 47,000
Charges for Services 9,748,542 0 9,748,542
Miscellaneous 683,300 0 683,300
Interfund Transfers 0 200,000 b 200,000
Total Revenue 10,431,842 247,000 10,678,842
TOTAL RESOURCES 11,874,270 (325,320)11,548,950
II.REQUIREMENTS
Department Operating
Fire and Emergency Medical Services 10,552,524 (325,320)a,b,c 10,227,204
Total Department Operating 10,552,524 (325,320)10,227,204
Non-Departmental
Interfund Transfers 1,321,746 0 1,321,746
Balance Available 0 0 a,c 0
Total Non-Departmental 1,321,746 0 1,321,746
TOTAL REQUIREMENTS 11,874,270 (325,320)11,548,950
592 Ambulance Transport Fund
a) Beginning Working Capital Reconciliation: Decrease the budgeted Beginning Working Capital by
$572,320 and decrease Fire and Emergency Medical Services Department operating appropriations by
$521,115 and Balance Available by $51,205. This adjustment brings the FY20 Budgeted Beginning Working
Capital in compliance with the audited FY19 actual revenues and expenditures as determined by Isler CPA,
the City's external auditor.
b) New Revenue: Increase Intergovernmental revenue in the amount of $47,000 for Healthcare
Preparedness Program. Increase Fire and Emergency Medical Services Department operating appropriations
by the same amount. Increase Interfund Transfers by $200,000 from the Community Safety Fund ($200,000)
and increase Fire and Emergency Medical Services Department operating appropriations by the same amount
as part of the Community Safety Initiative Bridge Plus funding.
c) Encumbrance Estimate Reconciliation: Decrease the Fire and Emergency Medical Services Department
operating appropriations by $51,205 to reconcile the amount estimated for payment of obligations incurred but
not paid in FY19 to the actual amount paid, and increase Balance Available by the same amount.
December 9, 2019, Meeting – Item 4CC Agenda - Page 322
600 Fleet Services Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 16,196,730 5,855,956 a 22,052,686
CHANGE TO WORKING CAPITAL
REVENUE
Rental 66,750 0 66,750
Charges for Services 10,629,181 0 10,629,181
Miscellaneous 838,845 0 838,845
Interfund Transfers 1,550,000 185,310 1,735,310
Special Payments 120,000 0 120,000
Total Revenue 13,204,776 185,310 13,390,086
TOTAL RESOURCES 29,401,506 6,041,266 35,442,772
II.
REQUIREMENTS
Department Operating
Public Works 13,863,531 4,561,733 b,c 18,425,264
Total Department Operating 13,863,531 4,561,733 18,425,264
Non-Departmental
Interfund Transfers 460,000 0 460,000
Reserves 14,141,609 1,355,194 a,c 15,496,803
Balance Available 936,366 124,339 a,b 1,060,705
Total Non-Departmental 15,537,975 1,479,533 17,017,508
TOTAL REQUIREMENTS 29,401,506 6,041,266 35,442,772
600 Fleet Services Fund
a) Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital by
$5,855,956, increase Reserves by $6,224,093, and decrease Balance Available by $368,137. These
adjustments bring the FY20 Budgeted Beginning Working Capital in compliance with the audited FY19 actual
revenues and expenditures as determined by Isler CPA, the City's external auditor.
c) Reappropriations: Increase Public Works Department operating appropriations by $4,868,899 for the
purchase of motor vehicles and decrease Reserves by the same amount.
b) Encumbrance Estimate Reconciliation: Decrease the Public Works Department operating
appropriations by $492,476 to reconcile the amount estimated for payment of obligations incurred but not paid
in FY19 to the actual amount paid, and increase Balance Available by the same amount.
December 9, 2019, Meeting – Item 4CC Agenda - Page 323
610 Information Systems and Services Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 4,914,116 945,234 a 5,859,350
CHANGE TO WORKING CAPITAL
REVENUE
Charges for Services 7,774,013 0 7,774,013
Miscellaneous 171,000 0 171,000
Total Revenue 7,945,013 0 7,945,013
TOTAL RESOURCES 12,859,129 945,234 13,804,363
II.REQUIREMENTS
Department Operating
Central Services 8,349,084 1,197,539 b,c,d 9,546,623
Total Department Operating 8,349,084 1,197,539 9,546,623
Non-Departmental
Interfund Transfers 279,000 0 279,000
Reserves 2,315,610 (211,677)b 2,103,933
Balance Available 1,915,435 (40,628)a,c,d 1,874,807
Total Non-Departmental 4,510,045 (252,305)4,257,740
TOTAL REQUIREMENTS 12,859,129 945,234 13,804,363
610 Information Systems and Services Fund
a) Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital by
$945,234 and increase Balance Available by the same amount. This adjustment brings the FY20 Budgeted
Beginning Working Capital in compliance with the audited FY19 actual revenues and expenditures as
determined by Isler CPA, the City's external auditor.
b) Reappropriations: Increase Central Services Department operating appropriations by $211,677 for the
Municipal Court Tyler on Premise Project case management software acquisition and decrease Reserves by
the same amount.
c) Encumbrance Estimate Reconciliation: Reduce the Central Services Department operating
appropriations by $45,507 to reconcile the amount estimated for payment of obligations incurred but not paid
in FY19 to the actual amount paid, and increase Balance Available by the same amount.
d) One-Time Funding Requests: Increase Central Service Department operating appropriations by
$277,130 for Emerging IT projects and $754,239 for Corporate Software operating budget and decrease
Balance Available by $1,031,369.
December 9, 2019, Meeting – Item 4CC Agenda - Page 324
615 Facilities Services Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 3,636,277 (306,551)a 3,329,726
CHANGE TO WORKING CAPITAL
REVENUE
Rental 715,478 0 715,478
Charges for Services 10,668,718 0 10,668,718
Miscellaneous 132,250 0 132,250
Special Payments 150,000 0 150,000
Total Revenue 11,666,446 0 11,666,446
TOTAL RESOURCES 15,302,723 (306,551)14,996,172
II.REQUIREMENTS
Department Operating
Central Services 10,525,244 (136,904)b 10,388,340
Planning and Development 544,723 (30,926)b 513,797
Total Department Operating 11,069,967 (167,830)10,902,137
Capital Projects
Capital Projects 351,712 0 351,712
Capital Carryover 664,022 (14,559)c 649,463
Total Capital Projects 1,015,734 (14,559)1,001,175
Non-Departmental
Interfund Transfers 654,000 0 654,000
Reserves 200,000 0 200,000
Balance Available 2,363,022 (124,162)a,b,c 2,238,860
Total Non-Departmental 3,217,022 (124,162)3,092,860
TOTAL REQUIREMENTS 15,302,723 (306,551)14,996,172
615 Facilities Services Fund
a) Beginning Working Capital Reconciliation: Decrease the budgeted Beginning Working Capital by
$306,551 and decrease Balance Available by the same amount. This adjustment brings the FY20 budgeted
Beginning Working Capital in compliance with the audited FY19 actual revenues and expenditures as
determined by Isler CPA, the City's external auditor.
c) Capital Carryover Reconciliation: Decrease Capital Carryover appropriation by $14,559 and increase
Balance Available by the same amount. This adjustment reconciles the FY20 Capital Carryover Estimate to
the actual ending FY19 capital projects balance.
b) Encumbrance Estimate Reconciliation: Decrease Central Services Department operating appropriations
by $136,904, decrease Planning and Development operating appropriations by $30,926, and increase
Balance Available by $167,830 to reconcile the amount estimated for payment of obligations incurred but not
paid in FY19 to the actual amount paid.
December 9, 2019, Meeting – Item 4CC Agenda - Page 325
620 Risk and Benefits Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 22,590,053 358,112 a 22,948,165
CHANGE TO WORKING CAPITAL
REVENUE
Intergovernmental 235,000 0 235,000
Charges for Services 46,018,762 0 46,018,762
Miscellaneous 1,013,160 0 1,013,160
Total Revenue 47,266,922 0 47,266,922
TOTAL RESOURCES 69,856,975 358,112 70,215,087
II.REQUIREMENTS
Department Operating
Central Services 40,426,779 (153,592)b 40,273,187
Total Department Operating 40,426,779 (153,592)40,273,187
Non-Departmental
Debt Service 7,339,400 0 7,339,400
Interfund Transfers 281,000 0 281,000
Reserves 6,779,890 172,683 a 6,952,573
Balance Available 15,029,906 339,021 a,b 15,368,927
Total Non-Departmental 29,430,196 511,704 29,941,900
TOTAL REQUIREMENTS 69,856,975 358,112 70,215,087
620 Risk and Benefits Fund
a) Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital by
$358,112, increase Reserves by $172,683, and increase Balance Available by $185,429. These adjustments
bring the FY20 Budgeted Beginning Working Capital in compliance with the audited FY19 actual revenues
and expenditures as determined by Isler CPA, the City's external auditor.
b) Encumbrance Estimate Reconciliation: Reduce the Central Services Department operating
appropriations by $153,592 to reconcile the amount estimated for payment of obligations incurred but not paid
in FY19 to the actual amount paid, and increase Balance Available by the same amount.
December 9, 2019, Meeting – Item 4CC Agenda - Page 326
630 Professional Services Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 396,624 690,113 a 1,086,737
CHANGE TO WORKING CAPITAL
REVENUE
Charges for Services 8,357,896 300,000 b 8,657,896
Miscellaneous 18,000 0 18,000
Total Revenue 8,375,896 300,000 8,675,896
TOTAL RESOURCES 8,772,520 990,113 9,762,633
II.REQUIREMENTS
Department Operating
Public Works 7,611,994 296,137 b,c 7,908,131
Total Department Operating 7,611,994 296,137 7,908,131
Non-Departmental
Interfund Transfers 753,000 0 753,000
Reserves 307,100 0 307,100
Balance Available 100,426 693,976 a,c 794,402
Total Non-Departmental 1,160,526 693,976 1,854,502
TOTAL REQUIREMENTS 8,772,520 990,113 9,762,633
630 Professional Services Fund
a) Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital by
$690,113 and increase Balance Available by the same amount. This adjustment brings the FY20 budgeted
Beginning Working Capital in compliance with the audited FY19 actual revenues and expenditures as
determined by Isler CPA, the City's external auditor.
b) One-Time Funding Requests: Increase Public Works Department operating appropriations by $300,000
for additional staffing to support capital projects associated with the Parks and Recreation capital bond
measure and increase Charges for Services revenue due to internal service fund charges that will be billed to
the capital projects.
c) Encumbrance Estimate Reconciliation: Reduce the Public Works Department operating appropriations
by $3,863 to reconcile the amount estimated for payment of obligations incurred but not paid in FY19 to the
actual amount paid, and increase Balance Available by the same amount.
December 9, 2019, Meeting – Item 4CC Agenda - Page 327
Attachment B
NOW THEREFORE,
Section 1.
Section 2.
Section 3.
Section 4.
Section 5.
City Recorder
Resolution Number 5284
A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET;
MAKING APPROPRIATIONS FOR THE CITY OF EUGENE
FOR THE FISCAL YEAR BEGINNING JULY 1, 2019,
AND ENDING JUNE 30, 2020.
The City Council of the City of Eugene finds that Adopting the Supplemental Budget and Making
Appropriations is necessary under ORS 294.471.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EUGENE, A Municipal
Corporation of the State of Oregon, as follows:
That the Supplemental Budget for the City of Eugene, Oregon, for the fiscal year beginning July 1,
2019, and ending June 30, 2020, as set forth in attached Exhibit A is hereby adopted.
The supplemental amounts for the fiscal year beginning July 1, 2019, and ending June 30, 2020,
and for the purposes shown in attached Exhibit A are hereby appropriated.
That this Supplemental Budget is prepared in accordance with ORS 294.471(1), which authorizes
the formulation of a supplemental budget resulting from "An occurrence or condition that is not
ascertained when preparing the original budget or a previous supplemental budget for the current
year or current budget period and that requires a change in financial planning." This Supplemental
Budget was published in accordance with ORS 294.471(3).
This resolution complies with ORS 294.471(4), and does not authorize an increase in the levy of
property taxes above the amount in the Adopted Budget publication.
This supplemental budget includes an interfund loan in the amount of $3 million from the General
Fund to the Community Safety Fund. The purpose of the loan is to provide administration and
start-up funds for the payroll tax and to enhance the bridge funding available for Community
Safety Initiatives. The loan will be repaid in FY21.
December 9, 2019, Meeting – Item 4CC Agenda - Page 328
Amounts
in dollars
Department Operating
Central Services 3,695,577
Fire and Emergency Medical Services 570,894
Library, Recreation and Cultural Services 2,087,266
Planning and Development 2,215,187
Police 1,534,201
Public Works 374,641
Total Department Operating 10,477,766
Non-Departmental
Contingency (12,000)
Interfund Transfers 8,204,760
Reserves (15,509,920)
Special Payments 3,000,000
Total Non-Departmental (4,317,160)
TOTAL GENERAL FUND 6,160,606
Non-Departmental
* Balance Available 16,342
Total Non-Departmental 16,342
TOTAL SPECIAL ASSESSMENT MANAGEMENT FUND 16,342
Department Operating
Library, Recreation and Cultural Services (10,000)
Total Department Operating (10,000)
Non-Departmental
* Balance Available 350,664
Total Non-Departmental 350,664
TOTAL LIBRARY LOCAL OPTION LEVY FUND 340,664
EXHIBIT A
GENERAL FUND
SPECIAL ASSESSMENT MANAGEMENT FUND
LIBRARY LOCAL OPTION LEVY FUND
December 9, 2019, Meeting – Item 4CC Agenda - Page 329
Department Operating
Police (63)
Public Works 68,086
Total Department Operating 68,023
Non-Departmental
* Balance Available 250,508
Total Non-Departmental 250,508
TOTAL PARKS AND REC LOCAL OPTION LEVY 318,531
Department Operating
Police 45,628
Total Department Operating 45,628
Non-Departmental
* Balance Available 133,640
Total Non-Departmental 133,640
TOTAL PUBLIC SAFETY COMMUNICATIONS FUND 179,268
Department Operating
Public Works 1,001,339
Total Department Operating 1,001,339
Non-Departmental
* Balance Available 1,150,074
Total Non-Departmental 1,150,074
TOTAL ROAD FUND 2,151,413
ROAD FUND
PUBLIC SAFETY COMMUNICATIONS FUND
PARKS AND REC LOCAL OPTION LEVY
December 9, 2019, Meeting – Item 4CC Agenda - Page 330
Department Operating
Central Services 2,107,798
Total Department Operating 2,107,798
Non-Departmental
* Balance Available (617,174)
Total Non-Departmental (617,174)
TOTAL TELECOM REGISTRATION/LICENSING FUND 1,490,624
Department Operating
Central Services 4,294,630
Police 4,664,192
Library, Recreation and Cultural Services 110,628
Total Department Operating 9,069,450
TOTAL COMMUNITY SAFETY FUND 9,069,450
Department Operating
Planning and Development 1,055,576
Total Department Operating 1,055,576
Non-Departmental
* Balance Available 3,511,805
Total Non-Departmental 3,511,805
TOTAL CONSTRUCTION AND RENTAL HOUSING FUND 4,567,381
Department Operating
Planning and Development 9,865
Total Department Operating 9,865
Non-Departmental
* Balance Available 129,277
Total Non-Departmental 129,277
TOTAL SOLID WASTE/RECYCLING FUND 139,142
CONSTRUCTION AND RENTAL HOUSING FUND
TELECOM REGISTRATION/LICENSING FUND
COMMUNITY SAFETY FUND
SOLID WASTE/RECYCLING FUND
December 9, 2019, Meeting – Item 4CC Agenda - Page 331
Department Operating
Planning and Development (506,965)
Total Department Operating (506,965)
Capital Projects
Capital Projects (868,972)
Total Capital Projects (868,972)
Non-Departmental
* Reserves 159,893
* Balance Available 6,805
Special Payments (371,916)
Total Non-Departmental (205,218)
TOTAL COMMUNITY DEVELOPMENT FUND (1,581,155)
Capital Projects
Capital Projects 8,713
Total Capital Projects 8,713
Non-Departmental
* Reserves 314,322
* Balance Available 4,326
Special Payments (2,510)
Total Non-Departmental 316,138
TOTAL LIBRARY, PARKS AND REC. SPECIAL REVENUE FUND 324,851
Non-Departmental
Debt Service (109,778)
Total Non-Departmental (109,778)
TOTAL GENERAL OBLIGATION DEBT SERVICE FUND (109,778)
Non-Departmental
* Reserves (561)
Total Non-Departmental (561)
TOTAL SPECIAL ASSESSMENT BOND DEBT SVC. FUND (561)
COMMUNITY DEVELOPMENT FUND
LIBRARY, PARKS AND RECREATION SPECIAL REVENUE FUND
GENERAL OBLIGATION DEBT SERVICE FUND
SPECIAL ASSESSMENT BOND DEBT SERVICE FUND
December 9, 2019, Meeting – Item 4CC Agenda - Page 332
Capital Projects
Capital Projects 741,417
Total Capital Projects 741,417
Non-Departmental
* Balance Available 153,088
Total Non-Departmental 153,088
TOTAL GENERAL CAPITAL PROJECTS FUND 894,505
Capital Projects
Capital Projects 798,355
Total Capital Projects 798,355
Non-Departmental
* Balance Available (467,939)
Total Non-Departmental (467,939)
TOTAL SYSTEMS DEVELOPMENT CAP. PROJECTS FUND 330,416
Capital Projects
Capital Projects (1,387,938)
Total Capital Projects (1,387,938)
Non-Departmental
* Balance Available 1,144,679
Total Non-Departmental 1,144,679
TOTAL TRANSPORTATION CAPITAL FUND (243,259)
Non-Departmental
* Balance Available 18,427
Total Non-Departmental 18,427
TOTAL SPECIAL ASSESSMENTS CAP. PROJECTS FUND 18,427
GENERAL CAPITAL PROJECTS FUND
SYSTEMS DEVELOPMENT CAPITAL PROJECTS FUND
TRANSPORTATION CAPITAL PROJECTS FUND
SPECIAL ASSESSMENTS CAPITAL PROJECTS FUND
December 9, 2019, Meeting – Item 4CC Agenda - Page 333
Department Operating
Police 3,560
Public Works (227,159)
Total Department Operating (223,599)
Capital Projects
Capital Projects (1,121,520)
Total Capital Projects (1,121,520)
Non-Departmental
* Reserves (1,135,863)
* Balance Available 879,997
Total Non-Departmental (255,866)
TOTAL MUNICIPAL AIRPORT FUND (1,600,985)
Department Operating
Central Services (683)
Planning and Development (319,650)
Total Department Operating (320,333)
Capital Projects
Capital Projects (1,003,234)
Total Capital Projects (1,003,234)
Non-Departmental
* Balance Available (432,673)
Total Non-Departmental (432,673)
TOTAL PARKING SERVICES FUND (1,756,240)
MUNICIPAL AIRPORT FUND
PARKING SERVICES FUND
December 9, 2019, Meeting – Item 4CC Agenda - Page 334
Department Operating
Public Works 92,002
Total Department Operating 92,002
Capital Projects
Capital Projects (1,412,491)
Total Capital Projects (1,412,491)
Non-Departmental
* Balance Available 591,652
Special Payments 467,000
Total Non-Departmental 1,058,652
TOTAL WASTEWATER UTILITY FUND (261,837)
Department Operating
Public Works (16,306)
Total Department Operating (16,306)
Capital Projects
Capital Projects 366,458
Total Capital Projects 366,458
Non-Departmental
* Balance Available 824,307
Total Non-Departmental 824,307
TOTAL STORMWATER UTILITY FUND 1,174,459
Department Operating
Fire and Emergency Medical Services (325,320)
Total Department Operating (325,320)
TOTAL AMBULANCE TRANSPORT FUND (325,320)
WASTEWATER UTILITY FUND
STORMWATER UTILITY FUND
AMBULANCE TRANSPORT FUND
December 9, 2019, Meeting – Item 4CC Agenda - Page 335
Department Operating
Public Works 4,561,733
Total Department Operating 4,561,733
Non-Departmental
* Reserves 1,355,194
* Balance Available 124,339
Total Non-Departmental 1,479,533
TOTAL FLEET SERVICES FUND 6,041,266
Department Operating
Central Services 1,197,539
Total Department Operating 1,197,539
Non-Departmental
* Reserves (211,677)
* Balance Available (40,628)
Total Non-Departmental (252,305)
TOTAL INFORMATION SYSTEMS AND SERVICES FUND 945,234
Department Operating
Central Services (136,904)
Planning and Development (30,926)
Total Department Operating (167,830)
Capital Projects
Capital Projects (14,559)
Total Capital Projects (14,559)
Non-Departmental
* Balance Available (124,162)
Total Non-Departmental (124,162)
TOTAL FACILITIES SERVICES FUND (306,551)
FACILITIES SERVICES FUND
FLEET SERVICES FUND
INFORMATION SYSTEMS AND SERVICES FUND
December 9, 2019, Meeting – Item 4CC Agenda - Page 336
Department Operating
Central Services (153,592)
Total Department Operating (153,592)
Non-Departmental
* Reserves 172,683
* Balance Available 339,021
Total Non-Departmental 511,704
TOTAL RISK AND BENEFITS FUND 358,112
Department Operating
Public Works 296,137
Total Department Operating 296,137
Non-Departmental
* Balance Available 693,976
Total Non-Departmental 693,976
TOTAL PROFESSIONAL SERVICES FUND 990,113
TOTAL REQUIREMENTS - ALL FUNDS 29,325,118
* Reserves, Balance Available, and UEFB amounts are not appropriated for
spending and are shown for informational purposes only.
RISK AND BENEFITS FUND
PROFESSIONAL SERVICES FUND
December 9, 2019, Meeting – Item 4CC Agenda - Page 337
CC Agenda - Page 338
December 9, 2019, Meeting – Item 5
EUGENE URBAN RENEWAL AGENCY
AGENDA ITEM SUMMARY
Public Hearing and Action: A Resolution Adopting a Supplemental Budget; Making Appropriations for the Urban Renewal Agency of the City of Eugene for the Fiscal Year Beginning July 1, 2019, and Ending June 30, 2020 Meeting Date: December 9, 2019 Agenda Item Number: 5 Department: Central Services Staff Contact: Vicki Silvers
www.eugene-or.gov Contact Telephone Number: 541-682-5082
ISSUE STATEMENT Urban Renewal Agency Board approval of the first Supplemental Budget for Fiscal Year 2020 is requested. Oregon Local Budget Law (Oregon Revised Statute 294.471) allows for supplemental budgets in the event of “an occurrence or condition that is not ascertained when preparing the original budget or a previous supplemental budget for the current year or current budget period and that requires a change in financial planning.” ORS 294.471 also allows for a supplemental budget if there are “funds that are made available by another unit of federal, state or local government and the availability of which could not reasonably be foreseen when preparing the original budget or a previous supplemental budget for the current year or current budget period.” This supplemental budget does not authorize any increase in the property tax levy and has been published in compliance with the Oregon Local Budget Law.
BACKGROUND The supplemental budget that occurs in December of a fiscal year is usually the largest because of the audit adjustments to budgeted Beginning Working Capital and the reappropriation of funds from the prior fiscal year for contracts, program initiatives or projects that were started but not completed in that fiscal year. This supplemental budget consists of transactions to amend the URA Adopted Budget to reconcile Beginning Working Capital and Capital Carryover, to reappropriate those dollars or place them into reserve, and authorizes other unanticipated changes in legal appropriations.
Transactions Related to Beginning Working Capital Isler CPA, the URA's external auditor, has completed its Fiscal Year 2019 audit and this supplemental budget includes Marginal Beginning Working Capital adjustments for all URA funds. The MBWC is the difference between the estimate of FY19 ending working capital that was made in the FY20 Adopted Budget and the audited actual FY19 ending working capital. The total audited adjustment to the FY20 budgeted Beginning Working Capital for all URA funds is a decrease of $626,712. A detailed description of these transactions is provided in Attachment A.
CC Agenda - Page 339
December 9, 2019, Meeting – Item 5
One-Time Funding Request There is a one-time funding request of $1,300,000 for the Railroad Quiet Zone (three eastern crossings) in the Riverfront District. The offset is a decrease to the URA Riverfront Program Revenue Fund Balance Available by the same amount.
Reappropriations This Supplemental Budget includes reappropriation requests in the amount of $411,669 in the Downtown District and $100,000 in the Riverfront District for continued efforts related to the high-speed fiber project not completed in the prior fiscal year.
Capital Carryover The Capital Project Carryover Reconciliation is also included in this supplemental budget. An estimate of the unspent balance in each capital project was established in the FY20 Adopted Budget. These estimates have been reconciled with the actual FY19 expenditures, and the Capital Budget is adjusted to reflect the remaining unspent balances in each project. The Capital Carryover on this supplemental budget decreases the Capital Budget by $1,118,407 and increases Balance Available by the same amount.
Timing In some cases, expenditure authority is needed immediately to carry out URA Board direction or to meet legal or program requirements. Approval of SB1 in December allows the organization to prepare more accurate mid-year projections by having the general ledger reflect the audited balances in each fund. This, in turn, enables staff to more accurately estimate the Beginning Working Capital for the next fiscal year’s Proposed Budget.
PREVIOUS BOARD DIRECTION October 28, 2019, Work Session Agency Board received an update on the financial capacity of the Riverfront District, including an update on the Railroad Quiet Zone cost increase.
BOARD OPTIONS Particular requests requiring more information or discussion may be removed from SB#1 and delayed for action in a future supplemental budget. In certain cases, there may be a financial or legal impact to delaying budget approval. The URA Board may also adopt amended appropriation amounts or funding sources for specific requests in the supplemental budget.
AGENCY DIRECTOR’S RECOMMENDATION Approve the resolution in Attachment B adopting Supplemental Budget 1.
SUGGESTED MOTION Move to adopt a resolution, adopting a Supplemental Budget; making appropriations for the Urban Renewal Agency of the City of Eugene for the fiscal year beginning July 1, 2019, and ending June 30, 2020.
CC Agenda - Page 340
December 9, 2019, Meeting – Item 5
ATTACHMENTS A.Transaction SummaryB. Resolution
FOR MORE INFORMATION Staff Contact: Vicki Silvers Telephone: 541-682-5082Staff E-Mail: VSilvers@eugene-or.gov
CC Agenda - Page 341
CC Agenda - Page 342
Attachment A
Transaction Summary
817 Urban Renewal Agency Downtown General Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 2,920,476 (413,940)a 2,506,536
CHANGE TO WORKING CAPITAL
REVENUE
Miscellaneous 112,000 0 112,000
Interfund Transfers 2,173,414 411,669 b 2,585,083
Fiscal Transactions 115,000 0 115,000
Total Revenue 2,400,414 411,669 2,812,083
TOTAL RESOURCES 5,320,890 (2,271)5,318,619
II.REQUIREMENTS
Department Operating
Planning and Development 2,173,414 411,669 b 2,585,083
Total Department Operating 2,173,414 411,669 2,585,083
Non-Departmental
Special Payments 3,060,476 (413,940)a 2,646,536
Balance Available 87,000 0 87,000
Total Non-Departmental 3,147,476 (413,940)2,733,536
TOTAL REQUIREMENTS 5,320,890 (2,271)5,318,619
817 Urban Renewal Agency Downtown General Fund
a)Beginning Working Capital Reconciliation: Decrease the budgeted Beginning Working Capital
by $413,940 and decrease Special Payments by the same amount. This adjustment brings the FY20
budgeted Beginning Working Capital in compliance with the audited FY19 actual revenues and
expenditures as determined by Isler CPA, the City's external auditor.
b)Reappropriation: Increase Interfund Transfer revenues by $411,669 for continued efforts related
to the Downtown Urban Renewal Agency Fiber Project not completed in the prior fiscal year and
increase the Planning and Development Department operating appropriations by the same amount.
December 9, 2019, Meeting – Item 5CC Agenda - Page 343
812 Urban Renewal Agency Downtown Debt Service Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 2,905,176 664,247 a 3,569,423
CHANGE TO WORKING CAPITAL
REVENUE
Taxes 2,603,000 0 2,603,000
Miscellaneous 103,000 0 103,000
Total Revenue 2,706,000 0 2,706,000
TOTAL RESOURCES 5,611,176 664,247 6,275,423
II.REQUIREMENTS
Non-Departmental
Interfund Transfers 2,173,414 411,669 b 2,585,083
Balance Available 3,437,762 252,578 a,b 3,690,340
Total Non-Departmental 5,611,176 664,247 6,275,423
TOTAL REQUIREMENTS 5,611,176 664,247 6,275,423
812 Urban Renewal Agency Downtown Debt Service
a)Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital
by $664,247 and increase Balance Available by the same amount. This adjustment brings the FY20
budgeted Beginning Working Capital in compliance with the audited FY19 actual revenues and
expenditures as determined by Isler CPA, the City's external auditor.
b)Reappropriation: Increase Interfund Transfers to the URA Downtown General Fund by
$411,669 for continued efforts related to the Downtown Urban Renewal Agency Fiber Project and
decrease Balance Available by the same amount.
December 9, 2019, Meeting – Item 5CC Agenda - Page 344
813 Urban Renewal Agency Downtown Capital Projects Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 195,291 (9,479)a 185,812
CHANGE TO WORKING CAPITAL
REVENUE
Miscellaneous 13,000 0 13,000
Total Revenue 13,000 0 13,000
TOTAL RESOURCES 208,291 (9,479)198,812
II.REQUIREMENTS
Capital Projects
Capital Carryover 149,285 0 149,285
Total Capital Projects 149,285 0 149,285
Non-Departmental
Balance Available 59,006 (9,479)a 49,527
Total Non-Departmental 59,006 (9,479)49,527
TOTAL REQUIREMENTS 208,291 (9,479)198,812
813 Urban Renewal Agency Downtown Capital Projects Fund
a)Beginning Working Capital Reconciliation: Decrease the budgeted Beginning Working Capital
by $9,479 and decrease Balance Available by the same amount. This adjustment brings the FY20
budgeted Beginning Working Capital in compliance with the audited FY19 actual revenues and
expenditures as determined by Isler CPA, the City's external auditor.
December 9, 2019, Meeting – Item 5CC Agenda - Page 345
821 Urban Renewal Agency Riverfront General Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 1,301,081 236,683 a 1,537,764
CHANGE TO WORKING CAPITAL
REVENUE
Taxes 2,433,000 0 2,433,000
Miscellaneous 33,000 0 33,000
Total Revenue 2,466,000 0 2,466,000
TOTAL RESOURCES 3,767,081 236,683 4,003,764
II.REQUIREMENTS
Department Operating
Planning and Development 704,098 100,000 b 804,098
Total Department Operating 704,098 100,000 804,098
Non-Departmental
Interfund Transfers 2,500,000 0 2,500,000
Balance Available 562,983 136,683 a, b 699,666
Total Non-Departmental 3,062,983 136,683 3,199,666
TOTAL REQUIREMENTS 3,767,081 236,683 4,003,764
821 Urban Renewal Agency Riverfront General Fund
a)Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital
by $236,683 and increase Balance Available by the same amount. This adjustment brings the FY20
budgeted Beginning Working Capital in compliance with the audited FY19 actual revenues and
expenditures as determined by Isler CPA, the City's external auditor.
b)Reappropriation: Increase the Planning and Developmnent operating appropriations by
$100,000 for continued efforts related to the Riverfront Urban Renewal Agency Fiber Project not
completed in the prior fiscal year and decrease balance available by the same amount.
December 9, 2019, Meeting – Item 5CC Agenda - Page 346
823 Urban Renewal Agency Riverfront Capital Projects Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 7,918,636 (1,093,463)a 6,825,173
CHANGE TO WORKING CAPITAL
REVENUE
Miscellaneous 10,257,000 0 10,257,000
Interfund Transfers 4,300,000 1,300,000 b 5,600,000
Total Revenue 14,557,000 1,300,000 15,857,000
TOTAL RESOURCES 22,475,636 206,537 22,682,173
II.REQUIREMENTS
Capital Projects
Capital Projects 15,100,000 1,300,000 b 16,400,000
Capital Carryover 4,055,563 (1,118,407)c 2,937,156
Total Capital Projects 19,155,563 181,593 19,337,156
Non-Departmental
Interfund Transfers 3,203,333 0 3,203,333
Balance Available 116,740 24,944 a,c 141,684
Total Non-Departmental 3,320,073 24,944 3,345,017
TOTAL REQUIREMENTS 22,475,636 206,537 22,682,173
823 Urban Renewal Agency Riverfront Capital Projects Fund
c)Capital Carryover Reconciliation: Decrease capital carryover appropriations by $1,118,407 and
increase Balance Available by the same amount. This action reconciles the FY20 Capital Carryover
Estimate to the actual ending FY19 capital projects balance.
a)Beginning Working Capital Reconciliation: Decrease the budgeted Beginning Working Capital
by $1,093,463 and decrease Balance Available by the same amount. This adjustment brings the
FY20 budgeted Beginning Working Capital in compliance with the audited FY19 actual revenues and
expenditures as determined by Isler CPA, the City's external auditor.
b)One-Time Funding Request: Recognize Interfund Transfer revenues from the URA Riverfront
Program Revenue Fund in the amount of $1,300,000 and increase Capital Projects by the same
amount for the Railroad Quiet Zone.
December 9, 2019, Meeting – Item 5CC Agenda - Page 347
824 Urban Renewal Agency Riverfront Program Revenue Fund
FY20 FY20 FY20
Adopted SB1 Action Revised
I.RESOURCES
BEGINNING WORKING CAPITAL 3,253,279 10,766 a 3,264,045
CHANGE TO WORKING CAPITAL
REVENUE
Interfund Transfers 3,203,333 0 3,203,333
Miscellaneous 81,000 0 81,000
Total Revenue 3,284,333 0 3,284,333
TOTAL RESOURCES 6,537,612 10,766 6,548,378
II.REQUIREMENTS
Non-Departmental
Interfund Transfers 1,800,000 1,300,000 b 3,100,000
Special Payments 1,000,000 10,766 a 1,010,766
Balance Available 3,737,612 (1,300,000)b 2,437,612
Total Non-Departmental 6,537,612 10,766 6,548,378
b)R TOTAL REQUIREMENTS 6,537,612 10,766 6,548,378
824 Urban Renewal Agency Riverfront Revenue Fund
a)Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital
by $10,766 and increase Special Payments by the same amount. This adjustment brings the FY20
budgeted Beginning Working Capital in compliance with the audited FY19 actual revenues and
expenditures as determined by Isler CPA, the City's external auditor.
b)One-Time Funding Request: Increase Interfund Transfers to the URA Riverfront Capital
Projects Fund in the amount of $1,300,000 and decrease Balance Available by the same amount for
the Railroad Quiet Zone.
December 9, 2019, Meeting – Item 5CC Agenda - Page 348
ATTACHMENT B
NOW THEREFORE,
Section 1.
Section 2.
Section 3.
Section 4.
The foregoing resolution adopted this 9th day of December, 2019.
This resolution complies with ORS 294.471(4),and does not authorize an increase
in the levy of property taxes above the amount in the Annual Budget publication.
City Recorder
That this Supplemental Budget is prepared in accordance with ORS 294.471(1),
which authorizes the formulation of a supplemental budget resulting from "An
occurrence or condition that is not ascertained when preparing the original budget
or a previous supplemental budget for the current year or current budget period and
that requires a change in financial planning."This Supplemental Budget was
published in accordance with ORS 294.471(3).
Resolution Number 1092
A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET;
MAKING APPROPRIATIONS FOR THE URBAN RENEWAL AGENCY
OF THE CITY OF EUGENE
FOR THE FISCAL YEAR BEGINNING JULY 1, 2019,
AND ENDING JUNE 30, 2020.
The Urban Renewal Agency of the City of Eugene finds that adopting the Supplemental
Budget and making appropriations is necessary under ORS 294.471.
BE IT RESOLVED BY THE URBAN RENEWAL AGENCY OF THE CITY OF
EUGENE as follows:
That the Supplemental Budget for the Urban Renewal Agency of the City of
Eugene,Oregon,for the fiscal year beginning July 1, 2019,and ending June 30,
2020, as set forth in attached Exhibit A is hereby adopted.
The supplemental amounts for the fiscal year beginning July 1, 2019,and ending
June 30, 2020,and for the purposes shown in attached Exhibit A are hereby
appropriated.
December 9, 2019, Meeting – Item 5CC Agenda - Page 349
In dollars
Departmental Operating
Planning and Development 411,669
Total Departmental Operating 411,669
Non-Departmental
Special Payments (413,940)
Total Non-Departmental (413,940)
TOTAL URA DOWNTOWN GENERAL FUND (2,271)
Non-Departmental
Interfund Transfers 411,669
*Balance Available 252,578
Total Non-Departmental 664,247
TOTAL URA DOWNTOWN DEBT SERVICE FUND 664,247
Non-Departmental
*Balance Available (9,479)
Total Non-Departmental (9,479)
TOTAL URA DOWNTOWN CAPITAL PROJECTS FUND (9,479)
URBAN RENEWAL AGENCY DOWNTOWN CAPITAL PROJECTS FUND
EXHIBIT A
URBAN RENEWAL AGENCY DOWNTOWN GENERAL FUND
URBAN RENEWAL AGENCY DOWNTOWN DEBT SERVICE FUND
December 9, 2019, Meeting – Item 5CC Agenda - Page 350
URBAN RENEWAL AGENCY RIVERFRONT GENERAL FUND
Departmental Operating
Planning and Development 100,000
Total Departmental Operating 100,000
Non-Departmental
*Balance Available 136,683
Total Non-Departmental 136,683
TOTAL URA RIVERFRONT GENERAL FUND 236,683
Capital Projects
Capital Projects 181,593
Total Capital Projects 181,593
Non-Departmental
*Balance Available 24,944
Total Non-Departmental 24,944
TOTAL URA RIVERFRONT CAPITAL PROJECTS FUND 206,537
URBAN RENEWAL AGENCY RIVERFRONT PROGRAM REVENUE FUND
Non-Departmental
Interfund Transfers 1,300,000
*Balance Available (1,300,000)
Special Payments 10,766
Total Non-Departmental 10,766
TOTAL URA RIVERFRONT PROGRAM REVENUE 10,766
TOTAL REQUIREMENTS - ALL FUNDS 1,106,483
* Reserves and Balance Available amounts are not appropriated for spending
and are shown for informational purposes only.
URBAN RENEWAL AGENCY RIVERFRONT CAPITAL PROJECTS FUND
December 9, 2019, Meeting – Item 5CC Agenda - Page 351