Debt Service SCR:

Transcription

1 Debt Service SCR: Programs and Activities The General Fund portion of ODFW s Debt Service budget is used to repay monies borrowed for deferred maintenance projects. Projects include maintenance of Wildlife Area field offices, hatchery facilities and residences, and other ODFW owned property. The Other Funds portion of ODFW s Debt Service budget will be used to repay monies borrowed for the purchase of a new headquarters facility in Salem. Funds used to pay for this debt come from savings in rent payment from the lease of the old headquarters facility. ODFW moved into the new facility in August Debt Service Expenditures $4.94 Million Debt Service Revenues by Fund Type $4.94 Million Debt Service 100% General Fund 63% Other Fund 37% Biennium Agency Requested Budget Page 791

2 Essential Packages The Essential Packages represent changes made to the budget that estimate the cost to continue current legislatively approved programs into the biennium. 010 Vacancy Factor and Non-PICS Personal Services 021/ 022 Cost of Phase-in and Phase-out Programs and One-time Costs Includes Phase-outs for Services and Supplies approved on a one-time basis in Policy Option Package Inflation/Price List Increases 032 Above Standard Inflation 033 Exceptional Inflation/Price List Increases 050 Fund Shifts 060 Technical Adjustments 070 Revenue Reductions Biennium Agency Requested Budget Page 792

3 Agency Name: Policy Option Package Initiative: Department of Fish and Wildlife Debt Service for Deferred Maintenance Financing - Phase 2 Policy Option Package Element Addendum: PURPOSE DESCRIPTION OF PROBLEM OR ISSUE: The Oregon Department of Fish and Wildlife (ODFW) has a policy option package (POP 101) for $10,000,000 Other Funds to address its most critical deferred maintenance needs. These projects are requested to be financed with Article XI-Q bonds. ODFW has obtained debt service estimates from the DAS Capital Finance and Planning Section through the biennium for the Article XI-Q bonds with a bond sale date of October, The total debt service amount is $1,135,006 ($510,000 in principal and $625,006 in interest). HOW ACHIEVED PROPOSED SOLUTION TO THE PROBLEM OR ISSUE: This policy option package allows ODFW to obtain General Fund to pay for the financing that will enable it to repair or replace facility infrastructure that is essential for the successful management of Oregon s natural resources. HOW THIS FURTHERS THE AGENCY MISSION OR GOALS: ODFW s mission is to protect and enhance Oregon s fish and wildlife and their habitats for use and enjoyment by present and future generations. Restoring the facility integrity of these assets is key to the agency s responsibility to manage natural resources for use and enjoyment of the general public of Oregon. These projects all help accomplish the agency s primary mission and reduce the agency s risk and financial liability from further degradation of facilities and more expensive future repairs. PERFORMANCE MEASURES TO QUANTIFY THE SUCCESS OF THE PROPOSAL: This package supports several key performance measures (KPMs) for the agency. This package will contribute to KPM 1 (Percent of the license buying population with hunting licenses and/or tags), KPM 2 (Percent of the license buying population with angling licenses and/or tags), KPM 3 (Number of wildlife damage complaints addressed annually), KPM 4 (Percent of fish species of concern, listed as threatened, endangered, or sensitive, being monitored), and KPM 5 (Percent of wildlife species of concern, listed as threatened, endangered, or sensitive, being monitored) by restoring the agency s facility infrastructure which will contribute to the rehabilitation or replacement of the offices and support structures for staff directly involved in the management of natural resources for the State of Oregon. This package will also address KPM 7 (Percent of customers rating their overall Biennium Agency Requested Budget Page 793

4 satisfaction with the agency as above average or excellent) by improving our agencies public service areas and addressing ADA issues at the agency s facilities. STATUTORY REFERENCE: The agency is authorized to conduct fish and wildlife management activities under ORS Chapters and ORS Chapters ALTERNATIVES CONSIDERED AND REASONS FOR REJECTION: For the repair projects identified in the deferred maintenance package, alternatives were not considered other than performing the necessary repairs to maintain facility function and employee and public safety. For projects identified for replacement, a repair alternative was qualitatively evaluated to see if it was feasible to repair the asset. In these cases, the alternative to replacement was rejected because the repair was determined to be either equal to or more expensive than replacing the asset. IMPACT OF NOT FUNDING: If this package is not funded, the agency s capital assets will continue to deteriorate and will severely hamper the ability of the agency to meet resource management goals. Additionally critical monitoring activities of natural resources will be impeded if facilities continue to degrade and business operations will become interrupted. EQUIPMENT TO BE PURCHASED (IF APPLICABLE): None. STAFFING IMPACT None. QUANTIFYING RESULTS The successful execution of this package is expected to improve the agency s ability to protect and manage Oregon s fish and wildlife resources. REVENUE SOURCE ( ) $1,135,006 General Fund Biennium Agency Requested Budget Page 794

5 ESSENTIAL AND POLICY PACKAGE FISCAL IMPACT SUMMARY Fish & Wildlife, Oregon Dept of Cross Reference Name: Debt Service Pkg: Phase-out Pgm & One-time Costs Cross Reference Number: Description General Fund Lottery Funds Other Funds Federal Funds Nonlimited Other Funds Nonlimited Federal Funds All Funds Services & Supplies Other COP Costs - - (215,000) (215,000) Total Services & Supplies - - ($215,000) ($215,000) Total Expenditures Total Expenditures - - (215,000) (215,000) Total Expenditures - - ($215,000) ($215,000) Ending Balance Ending Balance , ,000 Total Ending Balance - - $215, $215,000 Agency Request Governor's Budget Legislatively Adopted Biennium Page Essential and Policy Package Fiscal Impact Summary - BPR Biennium Agency Requested Budget Page 795

6 ESSENTIAL AND POLICY PACKAGE FISCAL IMPACT SUMMARY Fish & Wildlife, Oregon Dept of Cross Reference Name: Debt Service Pkg: DEBT SERVICE FOR DEFERRED MAINTENANCE-PHASE 2 Cross Reference Number: Description General Fund Lottery Funds Other Funds Federal Funds Nonlimited Other Funds Nonlimited Federal Funds All Funds Revenues General Fund Appropriation 1,135, ,135,006 Total Revenues $1,135, $1,135,006 Debt Service Principal - Bonds 510, ,000 Interest - Bonds 625, ,006 Total Debt Service $1,135, $1,135,006 Total Expenditures Total Expenditures 1,135, ,135,006 Total Expenditures $1,135, $1,135,006 Ending Balance Ending Balance Total Ending Balance Agency Request Governor's Budget Legislatively Adopted Biennium Page Essential and Policy Package Fiscal Impact Summary - BPR Biennium Agency Requested Budget Page 796

7 Source Detail of Lottery, Other Funds and Federal Fund Revenues Fund ORBITS Revenue Accounts Actuals Legislatively Approved Estimated Agency Request Governor's Recommended Legislatively Adopted Beginning Balance L Transfer in - Intrafund L Transfer in - Lottery Proceeds L Transfer in - OR Watershed Enhancement Bd L Transfer Out - Intrafund L TOTAL LOTTERY FUNDS Beginning Balance O 0025 (2,805) Business License & Fees O Non-Business Licenses & Fees O Hunter & Angler Licenses O 0230 Non Dedicated Dedicated subtotal Hunter & Angler Licenses Commercial Fisheries Fund O Park User Fees O Charges for Services O Fines and Forfeitures O Rents & Royalties O General Fund Obligation Bonds O , , Interest Income O Sales Income O Donations O Grants (Non-Fed) O Other Revenues O Transfer in - Intrafund O ,837,665 1,832,210 1,832,210 1,836, Transfer in from Federal Indirect Revenue O Transfer in from General Fund O Transfer in - Oregon Department of Revenue O Transfer in - Oregon Military Dept O Transfer in - Marine Board O Transfer in - Department of Energy O Transfer in - Department of Forestry O Transfer in - Dept of Parks & Recreation O Transfer in - Water Resources Department O Transfer in - Watershed Enhancement Board O Transfer in - Department of Transportation O Transfer out - Intrafund O Transfer out - Dept. of Administrative Services O Transfer out - Department of State Police O Transfer out - Department of Agriculture O Transfer out - Watershed Enhancement Board O TOTAL OTHER FUND 1,834,860 2,047,210 2,047,210 1,836, Biennium Agency Requested Budget Page 797

8 Source Detail of Lottery, Other Funds and Federal Fund Revenues Fund ORBITS Revenue Accounts Actuals Legislatively Approved Estimated Agency Request Governor's Recommended Legislatively Adopted Beginning Balance F Federal Revenues F Transfer in - Intrafund F Transfer in - Marine Board F Transfer out - Intrafund F Transfer out - Federal Indirect F TOTAL FEDERAL FUNDS Biennium Agency Requested Budget Page 798

9 DETAIL OF LOTTERY FUNDS, OTHER FUNDS, AND FEDERAL FUNDS REVENUE Fish & Wildlife, Oregon Dept of Agency Number: Biennium Cross Reference Number: Source Actuals Leg Adopted Budget Leg Approved Budget Agency Request Audit Governor's Budget Leg. Adopted Audit Other Funds General Fund Obligation Bonds Transfer In - Intrafund Total Other Funds - 215, , ,837,665 1,832,210 1,832,210 1,836, $1,837,665 $2,047,210 $2,047,210 $1,836, Agency Request Governor's Budget Legislatively Adopted Biennium Page Detail of LF, OF, and FF Revenues - BPR Biennium Agency Requested Budget Page 799

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