Finance Subcommittee
June 1, 2026

AGENDA

SPECIAL MEETING OF THE CITY COUNCIL

FINANCE SUBCOMMITTEE
Agoura Hills City Hall - City Manager's Conference Room 30001 Ladyface Court, Agoura Hills, California 91301
Monday, June 1, 2026
3:00 PM
Please silence all cell phones and other electronic devices during the meeting.

NOTE: The Subcommittee and City staff will be participating in this meeting in-person in the City Manager's Conference Room. Members of the public have the opportunity to participate in-person in the conference room.

For public participation on items listed on this Agenda, refer to "Public Comments" below.

PUBLIC PARTICIPATION (PUBLIC COMMENT)
Option A: To provide public comments in-person at the meeting Members of the public have an opportunity to attend the meeting in-person and speak or submit a written comment on any item listed on this Agenda. Public testimony is limited to three (3) minutes per speaker; a speaker’s time may not be transferred to another speaker. Written public comments submitted at the meeting are not read aloud by staff.

To request to speak in-person at the meeting. The Subcommittee will open the floor for public comment and any in-person attendee who raises their hand will have the opportunity to speak. Public testimony is limited to three (3) minutes per speaker; a speaker's time may no be transferred to another speaker.

Option B: To submit written public comments by e-mail (prior to the meeting) Members of the public have an opportunity to submit email correspondence on any item listed on the Agenda by sending an email to: [email protected]. All public correspondence received by 2:00 p.m. on the meeting date will be provided to the Subcommittee prior to the meeting. Public comments are not read into the record. Any public comments received after 2:00 p.m. on the meeting day will not be considered as part of the Subcommittee’s deliberations or entered into the official record, but will be provided to the Subcommittee the next day.

CALL TO ORDER

ROLL CALL
Mayor Jeremy Wolf
Councilmember Penny Sylvester

APPROVAL OF AGENDA

PUBLIC COMMENTS
(This section is reserved for persons wishing to address items not listed on the Agenda that are under the subject matter jurisdiction of the City Council. Please refer to “Public Participation” above for full details on how to speak or submit written public comments under this category.)

DISCUSSION ITEMS

1. Community Outreach Grant Application Review
Review Community Outreach Grant applications and make recommendations for funding for the 2026-2027 cycle

2. Review and Present the Proposed Mid-Cycle Biennial Fiscal Year Budget for 2025-26 & 2026-27 That Finance Subcommittee will receive a presentation from Staff related to the Proposed Mid-Cycle Biennial Fiscal Year Budget for 2025-26 & 2026-27 and provide direction to staff prior to the presentation at the City Council meeting on June 10, 2026.

3. The Annual Investment Policy For Fiscal Year 2026-27 Staff requests the Finance Subcommittee review the Investment Policy for Fiscal Year 2026-27.

SUBCOMMITTEE OR STAFF COMMENTS

ADJOURNMENT
Date Posted: May 28, 2026

REPORT TO CITY COUNCIL
DATE: JUNE 1, 2026
TO: HONORABLE MEMBERS OF THE FINANCE SUBCOMMITTEE
FROM: NATHAN HAMBURGER, CITY MANAGER
BY: RAMIRO ADEVA, ASSISTANT CITY MANAGER
SUBJECT: COMMUNITY OUTREACH GRANT APPLICATION REVIEW
Each year, the City of Agoura Hills Community Grant Program provides an opportunity for nonprofit organizations and community-serving groups to request financial assistance for programs, services, and initiatives that positively benefit the Agoura Hills community.

For the FY 2026–2027 grant cycle, the City received a total of thirty-two (32) grant applications requesting funding support, including applications from five new organizations. Collectively, applicants requested more than $100,000 in grant funding for FY 2026–2027. The significant number of applications received each year demonstrates the strong commitment of local organizations to enhancing quality of life for Agoura Hills residents.

However, while interest in the program continues to grow, the City currently has approximately $30,000 available for community grant funding within the proposed FY 2026–2027 budget. As a result, the Finance Subcommittee will be tasked with carefully reviewing the submitted applications, discussing the merits and community benefit associated with each request, and determining what funding levels, if any, should be recommended for consideration by the City Council.

It is important to clarify for the public that the Finance Subcommittee is not the final decision-making body regarding Community Grant Program awards. Any action or direction provided during this meeting is advisory in nature only and will serve as a recommendation to the full City Council. Final funding decisions will ultimately be considered by the City Council as part of the City’s broader FY 2026–2027 budget discussions currently scheduled for June 10, 2026.

The attachment includes a summary of the submitted applications, including applicant information, requested funding amounts, proposed use of funds, and other relevant application details for the Subcommittee’s review and consideration.

FISCAL IMPACT
The proposed FY 2026–2027 budget currently includes $30,000 for the Community Grant Program.

RECOMMENDATION
Review and consider the submitted FY 2026–2027 Community Grant Program applications and provide a recommendation to the City Council regarding which applicants should receive funding, and at what funding levels, for consideration as part of the FY 2026–2027 budget.

Attachments
FINALCommGrantapps26.27.pdf

AGOURA HIGH DANCE TEAM BOOSTERS

Agoura Hills Community Outreach Grant
2026–2027
Description of Community Services Provided
The Agoura Dance Team is a performing arts program of Agoura High School, dedicated to helping students master their craft through rigorous training, competition, and community engagement. After a period of transition, we are proud to share that we have been working closely with Agoura High School administration to formally bring the program back under the school's umbrella, ensuring its long-term stability and continued service to our students and community.

The team provides Agoura High School students with the opportunity to develop their dance talents through technique, creativity, and teamwork. Most of our dancers have participated in studio-based dance education throughout childhood, and the Dance Team allows them to continue that journey as student athletes and proud ambassadors of Agoura High School and the Agoura Hills community.

Areas Served & Relationship to Agoura Hills Residents
Our 2026–2027 dance team consists of 20 students from Agoura High School. Throughout the year, the team engaged the broader community in several meaningful ways:

In the fall, the team hosted a Kids Clinic that welcomed over 50 children from kindergarten through fifth grade, led by our own team members. These young dancers learned choreography that they performed at our World of Dance Fundraising Event; a Dancing with the Stars-style showcase where Agoura High School students partner with dance team members to compete. It is always one of the most joyful nights of the year for students, families, and the community alike.

The team also performed at Agoura High School's Preview Night, introducing incoming 8th graders to the exciting dance opportunities that await them. Our annual Spring Concert, where competition routines and student-choreographed pieces are performed for family and community, rounds out a year full of connection and celebration.

Competition Season Highlights
This past competition season was nothing short of spectacular. Running from December through the end of March, the team competed through West Coast Elite (WCE), USA Spirit, and the California Association of Dance and Drill Teams.

At WCE, the team earned Grand Champion honors the best overall team distinction — at every regional competition in which they participated. At WCE Nationals, two routines won first place in their categories, with the large contemporary piece placing 5th in the Nation.

At USA Nationals, six of the team's seven group dances advanced to finals, with all six placing in the top three and two earning first-place finishes. These results are a true reflection of the incredible dedication of our athletes and coach.

Amount Requested
We respectfully request a grant of $5,000.00.

Proposed Use & Budget Plan for Grant Funds
The Agoura Dance Team operates as a 501(c)(3) not-for-profit organization, historically run entirely by parent volunteers and funded through donations and team fundraising.

As we work to re-establish the team within the school structure, we are starting fresh, without access to the reserves or assets held by the previous booster organization. This means that every dollar of community support has an outsized impact on our ability to provide students with a quality experience. Your grant will help us build a strong foundation for years to come.

The $5,000 grant will be applied entirely to transportation one of largest and fastestgrowing operational expense our team faces.

Why transportation matters: The Agoura Dance Team competes at regional and national competitions, several of which are located more than 60 miles from campus. These events often conclude late at night, after hours of intense performance and competition. A dedicated team ensures that every athlete arrives and returns home safely, under adult supervision, as a team. It also provides something that cannot be purchased separately:
the time together on the road. The bonding that happens on a team bus; the precompetition focus, the post-competition celebration, the shared experience- is an integral part of what makes a championship team. We believe our back-to-back Grand Champion results this season are not just the product of rehearsal time; they are the product of a team that is deeply connected.

The cost of transportation is increasing early- just last year we received a 30% increase from the prior year. Fuel costs, driver fees, and vehicle availability continue to rise, and we project similar or greater increases for 2026–2027.

A $5,000 grant would cover the majority of our projected transportation costs for the season, ensuring that no student is left behind due to logistics or finances — and that Agoura Hills continues to be represented on the national stage by a team that makes our community proud.

Previous Grant Funding from the City of Agoura Hills
Yes — the team received $1,000 in both 2022, 2023 and 2025 through the Community Outreach Grant Program.

Additional Information
We warmly invite you to get to know us! Learn more about the team at agouradanceteam.org and follow us on Instagram at @agouradanceteam.

Thank you so much for this opportunity!
It is with tremendous gratitude that we submit this application for your consideration.

The Agoura Dance Team Booster Board

AGOURA HIGH FOOTBALL

Description of Community Services Provided:

Agoura Football Student-Athlete Development
Agoura Football is committed to developing well-rounded student-athletes through a program built on our core values—the 5 C’s: Commitment, Competition, Courage, and Championship Mindset. These pillars guide everything we do and shape our athletes both on and off the field.

Commitment is emphasized through accountability to academics, team responsibilities, and personal growth. Student-athletes are expected to prioritize their education while developing strong time management skills and a disciplined work ethic. Our Agoura Chargers once again (3rd time in a row) led the Ventura County Football Association with the most first team scholar athletes (14 total). Our football athletes maintained a 3.3 gpa.

Competition drives our athletes to push themselves to be their best, fostering resilience, perseverance, and a desire for continuous improvement. We teach our players how to compete with integrity while striving for excellence in all areas of life.

Courage is developed by encouraging athletes to face challenges head-on—whether overcoming injuries, adversity, or personal obstacles. Our program creates a supportive environment where players build confidence and learn to lead with strength and character.

Championship Mindset instills a standard of excellence, focus, and belief. It is not only about winning games, but about preparing athletes to succeed in high-pressure situations and carry themselves with pride and purpose.

Equally important, Agoura Football is deeply community-minded and committed to giving back.

Our student-athletes actively engage in service by hosting youth football clinics, volunteering at local events such as the Great Race, and participating in Agoura community clean-up efforts and Reyes Adobe parade. These experiences reinforce leadership, responsibility, and the importance of contributing to something greater than themselves.

These values translated into historic success for our program. Last season, Agoura Football reached the CIF semifinals for the first time in over 20 years, a milestone that reflects the dedication, resilience, and culture built within the team. Agoura Chargers were also back-to-back Tri-County League Champions for Varsity and JV.

The program also prioritizes the physical and mental well-being of its athletes, emphasizing safe training practices, injury prevention, and mental resilience. Through mentorship and team culture, older players guide younger teammates, creating a strong sense of accountability and support.

Through this holistic approach, Agoura Football prepares student-athletes not only for success on the field, but for future opportunities in college, careers, and life-developing young men who are committed, confident, and ready to make a positive impact in their communities.

Areas Served by Organization | Number of Agoura Hills Residents Agoura Football primarily serves the City of Agoura Hills and surrounding Conejo Valley communities, with the majority of participants residing in Agoura Hills. The program supports approximately 100-120 student-athletes annually. In addition, the program engages hundreds of local residents through game attendance, youth clinics, and community events throughout the year.The football program also helps fund and supports the 26 other student athletics at Agoura High School through football ticket sales.

Description of Relationship to Agoura Hills Residents
Agoura Football maintains a strong and direct connection to Agoura Hills residents as a core part of the local high school and community ecosystem. The program serves local families by providing student-athletes with opportunities for athletic participation, character development, and academic accountability within their own community.

In addition to serving student-athletes, Agoura Football actively builds relationships with the broader community through local business partnerships and fundraising initiatives.

Through our sponsorship program, we collaborate with Agoura Hills businesses and community members who support the team while gaining meaningful visibility and engagement with local families. These partnerships create a mutually beneficial relationship that strengthens community ties and supports youth development.

Our annual A-Town Golf Classic further expands this connection by bringing together residents, local businesses, and community leaders for a shared purpose, supporting Agoura Football student-athletes. The event serves as both a fundraiser and a community-building experience, fostering relationships, encouraging local involvement, and reinforcing a sense of collective pride in the program.

Beyond fundraising, the program remains deeply community-minded. Our student-athletes host youth clinics, volunteer at local events such as the Great Race, and participate in community clean-up efforts. These activities create meaningful touchpoints between players and residents, reinforcing the program’s commitment to giving back.

Through these combined efforts of athletics, service, and community partnerships-Agoura Football plays an integral role in connecting and strengthening the Agoura Hills community while developing young leaders who are committed to making a positive impact.

Proposed Use and Budget Plan for Grant Funds
Agoura Football operates as a self-funded program, requiring significant annual resources to sustain a safe, competitive, and development-focused experience for its student-athletes. In addition to supporting its own operations, the program plays a vital role in the broader athletic community by helping fund 26 other athletic programs at Agoura High School through game ticket sales and event revenue.

The cost to operate the football program each year is substantial, with funds allocated across the following essential areas:
● Equipment and Uniforms: Purchase, replacement, and maintenance of helmets, shoulder pads, practice gear, and game uniforms to ensure athlete safety and program consistency
● Locker Room and Facility Upkeep: Ongoing maintenance and improvements to provide a clean, safe, and functional environment
● Field Rental and Facility Use: Costs associated with practice and game field access and upkeep
● Transportation and Travel: Buses and related expenses for away games, team travel, and competitions
● Coaching Support: Stipends and resources to attract and retain qualified coaches who provide instruction, mentorship, and leadership development ● Film and Technology: Game film, video analysis tools, and technology used for player development, game preparation, and safety review
● Player Training and Development: Strength and conditioning programs, skill development, and training resources to support athlete growth and injury prevention ● Meals and Nutrition: Team meals on game days and during extended events to support athlete health and performance
● Tournament and Competition Fees: Entry fees and related costs for participation in competitions and postseason opportunities
Grant funding would directly support these core operational needs, helping to reduce the financial burden on families while ensuring that all student-athletes have access to a high-quality athletic experience regardless of financial circumstances.

By offsetting these critical costs, the grant would not only sustain the football program but also indirectly support the broader Agoura High School athletic community. As a key revenue-generating program, football helps provide opportunities for student-athletes across multiple sports, strengthening the overall athletic ecosystem.

Ultimately, investment in Agoura Football is an investment in youth development, community engagement, and equitable access to athletics—ensuring that student-athletes can continue to grow, compete, and represent their community with pride.

INTERNAL REVENUE SERVICE
P O. BOX 2508
CINCINNATI, OH 45201
Date; MAY 0 72015

AHS FOOTBALL FOUNDATION INC
C/6 BARBARA BREEST
25043 ACANTHUS CT
AGOURA HILLS, CA 91301
Dear Applicant:

DEPARTMENT OF THE TREASUR'£
Employer Identification Number:
46-0551595
DIN :
17053090375005
Contact Person:

RENEE RAILEY NORTON ID# 31172
Contact Telephone Number:
(877) 829-5500
Accounting Period Ending:

December 31
Public Charity Status:
170(b) (11 (Al (vi)
Form 990 Required:

Yes
Effective Date of Exemption:

April 30, 2012
Contribution Deductibility:

Yes
Addendum Applies:

NO
We are pleaoed to inform you that upon review of your application for tax exempt status we have determined' that you are exempt from Federal income tax under section 501(c>(3) of the Internal Revenue Code. Contributions to you are deductible under section 170 of the Code. You are also qualified to Feceive tax deductible bequests, devises, transfers or gifts under section 2055, 2106 or 2522 of the Code. Because rhis letter could help Ieaolve any queations regarding your exempt statum, you should keep it in your permanent records.

Organizations exempt under section 501(e>(33 of the Code are further classified as either public charities or private> foundations. We determined than you are a public charity under the Code section(s) listed in the heading of this letter.

For impel:'tailt :inf©ImatIi. 0.0 about your res:porisizbili:t:ies: as a tax»-exjempt Argant:za:tical, :go to WWW.irs,gov/cha:rities. :Eriter ::tf4221-Pel, iIi :the se€11:-ch bar too::vi« *iabl:idat:i <>li 4:221-Pe, Complian:c¢ di,ji.d:e :f#* 501,(:c) (3) ilbiic Charities r which desciribes: your :::recorcikeeping,:: repoi ting, and Cdi sclosure requirements.

Sincerely,
Director, Exemp:t:Organi:*ations
Letter: 947:
1 AGOURA HIGH KIWANIS KEY CLUB

Financial Statements and Revenue Breakdown – Agoura Key Club Income Statement:

Revenue:
● Membership Dues: $416
Total Revenue: $416
Expenses:
● Program expenses:
○ Supplies: $30
○ Food: $175
Total Expenses: $205
Net Income:
$416 - $205 = $211
Balance Sheet:

Assets:
● Cash(remaining funds): $211
Liabilities:
● None: $0
Net Assets:
● $211
Percentage Breakdown:

Total revenue = $416
● Program costs: $205 ÷ $416 ≈ 49%
● Administrative costs: 0%
● Salaries: 0%
Revenue Sources Description:

Our organization’s funding is derived entirely from membership dues collected from members.

We do not currently rely on external funding sources such as grants, sponsorships, or large-scale fundraising. These funds are allocated directly toward supporting our programs, service projects, and organizational activities, ensuring that resources are used to benefit our members and the communities we serve.

Key Club Income/Expense Report for 2024-25
Expense Amount Income Amount Trust Balance
Club funds from 2023-24 $1,186.41
Donations 2024-25 $413.00 $1,599.41
Candu Graphics Banner $312.08 $1,287.33
Kiwanis Dues $416.00 $871.33
Kiwanis Dues $16.00 $855.33
Amazon club supplies $32.84 $822.49
Amazon club supplies $48.16 $774.33
Amazon club supplies $143.97 $630.36
Balance to date $630.36
*Student club does not have it's own 501(c)3

AGOURA HIGH MUSIC BOOSTERS PROGRAM
City of Agoura Hills
Community Outreach Grant Program
Organization Name: Agoura High School Music Boosters Prog ram
Organization Address: (Must be Local): 28545 Driver Avenue, Ag oura Hills, CA 9130 1
Grant Representative Contact
Name: Jody Green Phone: 310-266-14 7 5
Address: 24504 Heavenly Court, West Hills CA 91307
Description of Community Services Provided: ------------------- List Area(s) Served by Organization I Include Number of Agoura Hills Residents I Provide Description of Relationship Organization to Agoura Hills Residents:

Fund Amount Requested: _$_1_,0_0_0_._00 _________ _
Approximately 80% of AHS music students reside in the City of Agoura Hills. Because AHS music students participate in numerous community and school events, we estimate that many family members and friends of each music student are likely also Agoura Hills residents who attend at least one, if not regularly attend AHS music events each year. As a result, a significant percentage of Agoura Hills residents can enjoy the entertainment provided by the AHS music program every year. In addition, as AHS is the only public high school located in Agoura Hills, the music program maintains a meaningful relationship with the community by providing a wide range of musical performances, including orchestral, classical, jazz, choir, and the annual Rhythm & Chews jazz festival. The festival showcases local restaurants and business, and is advertised locally and throughout the community, as all are AHS music concerts and events.

AGOURA HILLS FIRE SAFE COUNCIL

Letter 947 (Rev. 2-2020)
Catalog Number 35152P
Department of the Treasury
Internal Revenue Service
Tax Exempt and Government Entities
P.O. Box 2508
Cincinnati, OH 45201

AGOURA HILLS FIRE SAFE COUNCIL
5737 KANAN RD 170
AGOURA HILLS, CA 91301
Date:
12/04/2023
Employer ID number:
93-4259235
Person to contact:

Name: Customer Service
ID number: 31954
Telephone: 877-829-5500
Accounting period ending:

December 31
Public charity status:
170(b)(1)(A)(vi)
Form 990 / 990-EZ / 990-N required:

Yes
Effective date of exemption:

October 28, 2023
Contribution deductibility:

Yes
Addendum applies:

No
DLN:
26053725001983
Dear Applicant:

We're pleased to tell you we determined you're exempt from federal income tax under Internal Revenue Code (IRC) Section 501(c)(3). Donors can deduct contributions they make to you under IRC Section 170. You're also qualified to receive tax deductible bequests, devises, transfers or gifts under Section 2055, 2106, or 2522. This letter could help resolve questions on your exempt status. Please keep it for your records.

Organizations exempt under IRC Section 501(c)(3) are further classified as either public charities or private foundations. We determined you're a public charity under the IRC Section listed at the top of this letter.

If we indicated at the top of this letter that you're required to file Form 990/990-EZ/990-N, our records show you're required to file an annual information return (Form 990 or Form 990-EZ) or electronic notice (Form 990-N, the e-Postcard). If you don't file a required return or notice for three consecutive years, your exempt status will be automatically revoked.

If we indicated at the top of this letter that an addendum applies, the enclosed addendum is an integral part of this letter.

For important information about your responsibilities as a tax-exempt organization, go to www.irs.gov/charities.

Enter "4221-PC" in the search bar to view Publication 4221-PC, Compliance Guide for 501(c)(3) Public Charities, which describes your recordkeeping, reporting, and disclosure requirements.

Sincerely,
Stephen A. Martin
Director, Exempt Organizations
Rulings and Agreements
5958460
Corporation Name
Corporation Name Agoura Hills Fire Safe Council
Initial Street Address of Principal Office of Corporation Principal Address 5737 KANAN RD., #170
AGOURA HILLS, CA 91301
Initial Mailing Address of Corporation
Mailing Address 5737 KANAN RD., #170
AGOURA HILLS, CA 91301
Attention
Agent for Service of Process
I certify the selected California Registered Corporate Agent (1505) has agreed to serve as the Agent for Service of Process for this entity.

California Registered Corporate Agent (1505) UNITED STATES CORPORATION AGENTS, INC.

Registered Corporate 1505 Agent
Purpose Statement
This corporation is a Nonprofit Public Benefit Corporation and is not organized for the private gain of any person. It is organized under the Nonprofit Public Benefit Corporation Law for: Public and Charitable purposes Additional Statements
The specific purpose of this corporation is to It works with federal, state, and local agencies to protect life and property from wildfire in Agoura Hills, California. We educate homeowners on protecting their homes and the surrounding defensible space.

This corporation is organized and operated exclusively for the purposes set forth within the meaning of Internal Revenue Code section 501(c)(3).

No substantial part of the activities of this corporation shall consist of carrying on propaganda, or otherwise attempting to influence legislation, and this corporation shall not participate or intervene in any political campaign (including the publishing or distribution of statements) on behalf of any candidate for public office.

The property of this corporation is irrevocably dedicated to the purposes set forth herein and no part of the net income or assets of this corporation shall ever inure to the benefit of any director, officer or member thereof or to the benefit of any private person.

Upon the dissolution or winding up of this corporation, its assets remaining after payment, or provision for payment, of all debts and liabilities of this corporation shall be distributed to a nonprofit fund, foundation or corporation which is organized and operated exclusively for charitable, educational and/or religious purposes and which has established its tax-exempt status under Internal Revenue Code section 501(c)(3).

Notwithstanding any of the above statements of purpose and powers, this corporation shall not, except to an insubstantial degree, engage in any activities or exercise any powers that are not in furtherance of the specific purpose of this corporation.

Additional information and signatures set forth on attached pages, if any, are incorporated herein by reference and made part of these Articles of Incorporation.

Electronic Signature
I declare that I am the person who executed this instrument, which execution is my act and deed.

STATE OF CALIFORNIA
Office of the Secretary of State

ARTICLES OF INCORPORATION

CA NONPROFIT CORPORATION

PUBLIC BENEFIT
California Secretary of State
1500 11th Street
Sacramento, California 95814
(916) 653-3516
B2215-5767 10/28/2023 2:28 PM Received by California Secretary of State For Office Use Only
-FILEDFile No.: 5958460
Date Filed: 10/28/2023
Legalzoom.com, Inc., By: Cheyenne Moseley, Assistant Secretary Signature
10/28/2023
Date

AMERICA SUPPORTING AMERICANS

BOYS AND GIRLS CLUB OF GREATER CONEJO VALLEY

Statement of Financial Position
Boys & Girls Clubs of Greater Conejo Valley, Inc.

As of March 30, 2026
Accrual Basis Monday, March 30, 2026 02:28 PM GMT-07:00 1/6
Total
Assets
Current Assets
Bank Accounts
1071 Bill.com Money In Clearing -397.64
1072 Bill.com Money Out Clearing -22,811.02
1073 In-Kind clearing account 0.00
11 Banking Accounts
1104 Montecito Bank & Trust 9689 5,732.90
1105 Montecito Payroll 1890 26,193.35
Total for 11 Banking Accounts $31,926.25
12 Investment Accounts
1201 Schwab Money Market #5644 53,267.23
1203 Schwab Bond & Equity Funds-9335 182,456.43
1204 VCCF Endowment Fund 79,236.30
1206 Schwab CD Investments #3080 0.00
1208 Private Mortgage Fund,LLC 250,771.00
1210 Morton Capital - Pvt Mngd Accts 54,899.85
1211 Schwab Anderson Endowment #8371 62,606.63
Total for 12 Investment Accounts $683,237.44
Checking (1890) 280.74
Reserve Account 25.99
Stripe Clearing 12,726.43
Total for Bank Accounts $704,988.19
Accounts Receivable
1309 Allowance for Doubtful Accounts -4,244.98
13 Accounts Receivable
1301 FR Receivable - Current 58,702.99
1302 FR Receivable - Noncurrent -94.78
1303 FR Accounts Receivable Discount 0.00
1306 Accounts Receivable - Other 0.57
1307 AR - C/C in Transit 0.00
1308 Accounts Receivable - Programs 25,330.20
Total for 13 Accounts Receivable $83,938.98
Total for Accounts Receivable $79,694.00
Statement of Financial Position
Boys & Girls Clubs of Greater Conejo Valley, Inc.

As of March 30, 2026
Accrual Basis Monday, March 30, 2026 02:28 PM GMT-07:00 2/6
Total
Other Current Assets
12000 *Undeposited Funds 0.00
16 Other Assets $0.00
1602 Pension Forfeiture Fund 0.00
1603 Misc Prepaid Expenses 35,081.04
1605 Prepaid General Insurance 5,361.47
1606 Undeposited Funds 488.70
1607 Prepaid Health Insurance 17,166.37
1608 Prepaid Workers Comp 37,248.00
1610 Refundable Deposits 7,487.03
1612 501(c) Reserve Account 55,305.55
1613 Prepaid Rent 9,258.96
1614 STEM/Robotics Supplies 0.00
1615 Prepaid Gala Expenses 0.00
Total for 16 Other Assets $167,397.12
Total for Other Current Assets $167,397.12
Total for Current Assets $952,079.31
Fixed Assets
1510 STEM/Robotics 0.00
15 Fixed Assets
1501 Buildings $140,895.14
10100.1 Anderson 2,643,344.26
10200.1 Johnston 4,090,922.07
10300.1 Notter 3,301,352.41
10400.1 Morton 2,223,390.93
10500.1 Chaparral 157,284.97
10600.1 Catlin 301,071.64
Statement of Financial Position
Boys & Girls Clubs of Greater Conejo Valley, Inc.

As of March 30, 2026
Accrual Basis Monday, March 30, 2026 02:28 PM GMT-07:00 3/6
Total
Total for 1501 Buildings $12,858,261.42
1502 Furniture/Fixtures
10100.2 Anderson 241,829.91
10200.2 Johnston 193,151.67
10300.2 Notter 127,845.54
10400.2 Morton 73,047.93
10500.2 Chaparral 0.00
10600.2 Catlin 54,433.66
10700.2 MPA 11,757.52
10800.2 Administration 85,322.36
10900.2 Marley Club (AHCCC) 0.00
11000.2 Bay Laurel 0.00
11100.2 A.C. Stelle Club 0.00
11200 Stem Robotics 130,752.00
Total for 1502 Furniture/Fixtures $918,140.59
1503 Leasehold Improvements
10100.3 Anderson 47,107.03
10200.3 Johnston 83,607.31
10300.3 Notter 5,243.44
10400.3 Morton 18,975.76
10500.3 Chaparral 45,445.84
10700.3 MPA 12,981.50
10800.3 Administration 3,200.20
11000.3 Bay Laurel 1,360.71
Total for 1503 Leasehold Improvements $217,921.79
1504 Construction in Process
10100.4 Anderson 0.00
10200.4 Johnston 0.00
10300.4 Notter 0.00
10400.4 Morton 0.00
12600.4 AEW 0.00
Total for 1504 Construction in Process $0.00
1505 Website Design 20,331.89
1506 Accumulated Depreciation -11,558,821.18
1507 Vehicles 164,885.62
Statement of Financial Position
Boys & Girls Clubs of Greater Conejo Valley, Inc.

As of March 30, 2026
Accrual Basis Monday, March 30, 2026 02:28 PM GMT-07:00 4/6
Total
1508 Start up Costs
10900.8 Marley Club (AHCCC) 1,808.70
11000.8 Bay Laurel 7,142.52
11100.8 A.C. Stelle Club 2,076.53
Total for 1508 Start up Costs $11,027.75
1509 Accumulated Amortization -16,135.13
Total for 15 Fixed Assets $2,615,612.75
Total for Fixed Assets $2,615,612.75
Other Assets
1620 Right of Use Asset - Operating 117,454.22
1621 Right of Use Asset - Finance 34,073.46
Total for Other Assets $151,527.68
Total for Assets $3,719,219.74
Liabilities and Equity
Liabilities
Current Liabilities
Accounts Payable
2000 Accounts Payable -$348.57
2001 Accounts Payable 33,013.11
Total for 2000 Accounts Payable $32,664.54
Total for Accounts Payable $32,664.54
Credit Cards
Center Center Card 16,370.11
Ramp Card -4,384.77
Total for Credit Cards $11,985.34
Other Current Liabilities
20 Current Liabilities
2005 Credits Due To Member -14,669.50
2007 Club Rental Deposits 1,375.00
21 Accrued Liabilities
2101 Accounts Payable Accrual 7,664.08
2104 Accrued Event Expenses 0.00
2105 Accrued Expenses 125,000.00
Total for 21 Accrued Liabilities $132,664.08
Statement of Financial Position
Boys & Girls Clubs of Greater Conejo Valley, Inc.

As of March 30, 2026
Accrual Basis Monday, March 30, 2026 02:28 PM GMT-07:00 5/6
Total
Total for 20 Current Liabilities $119,369.58
2103 Accrued Bonus Liability 0.00
2224 PPP Round 2 Loan 0.00
2226 Reimbursement Liability 0.00
22 Payroll Current Liabilities
2205 Garnishment 24.04
2206 401K (pre-tax) 234.19
2207 401K Roth (after-tax) 308.06
2208 401K Loan Payment 243.88
2209 401K Employer Contributions 357.24
2210 Accrued Vacation Payable 42,301.97
2211 Salaries/Wages Payable 45,000.00
2213 PAYROLL TAX LIABILITIES -150.59
2214 FICA Payroll Tax Liability 0.00
2215 FEDERAL Payroll Tax Liability 0.00
2216 STATE Payroll Tax Liability 26.99
2217 CA/SDI Payroll Tax Liability 0.00
2220 Prom to give-Cur Mtr 0.00
Total for 22 Payroll Current Liabilities $88,345.78
2305 Enrichment liability 6,882.39
23 Other Current Liabilities
2302 501(c) Unemployment Liability 0.00
2303 Rent Abatement 0.47
Total for 23 Other Current Liabilities $0.47
24 Deferred Revenue
2401 Fundraising Deferred Revenue 0.00
2402 Def Club Prog Inc - Middle Scho 62,326.44
2403 Def Club Prog Inc - Elementary 0.00
2404 Deferred Summer Camp Income 0.00
2405 Deferred Revenue - Gala 5,000.00
2406 Non-Current Def Rev/FR 0.00
2407 Deferred Scholarship Discount 0.00
Total for 24 Deferred Revenue $67,326.44
2510 Lease Liability, Operating leases (current) 32,830.44 2511 Lease Liability Finance (current) 14,303.83
California Department of Tax and Fee Administration Payable 0.00 Out Of Scope Agency Payable 0.00
Statement of Financial Position
Boys & Girls Clubs of Greater Conejo Valley, Inc.

As of March 30, 2026
Accrual Basis Monday, March 30, 2026 02:28 PM GMT-07:00 6/6
Total
Total for Other Current Liabilities $329,058.93
Total for Current Liabilities $373,708.81
Long-term Liabilities
2225 EIDL Loan 139,826.00
2610 Lease Liability Operating (Long Term) 91,613.58
2611 Lease Liability - Finance (long term) 15,883.86
Total for Long-term Liabilities $247,323.44
Total for Liabilities $621,032.25
Equity
30000 Opening Balance Equity -70,185.20
30 Equity
3001 Net Assets (Unrestricted) 6,841,104.79
3002 Unrestricted Bd designated VCCF 3,692.85
3004 BDF-Johnston Ed Fund 280,714.00
3005 BDF-Facilities Matching Gifts 580,000.00
Total for 30 Equity $7,705,511.64
31 Net Assets Temp Restricted
3102 Notter Building Fund 1,062,238.34
3103 MPA - Carpenter's Music Program 296,671.23
Total for 31 Net Assets Temp Restricted $1,358,909.57
32 Net Assets Endowmnet Funds
3201 Net Assets, Endowment Funds 67,000.00
3202 Net Assets, Endowment Fund VCCF 33,000.00
Total for 32 Net Assets Endowmnet Funds $100,000.00
3300 2019 Net income/loss -856,195.12
3301 YTD 08.31.2020 Net income/loss 70,465.94
32000 Unrestricted Net Assets -5,099,384.79
Net Income -110,934.55
Total for Equity $3,098,187.49
Total for Liabilities and Equity $3,719,219.74
Statement of Activity
Boys & Girls Clubs of Greater Conejo Valley, Inc.

January 1-March 30, 2026
Accrual Basis Monday, March 30, 2026 02:29 PM GMT-07:00 1/4
Total
Income
47 RD Funding $5,000.00
4201 Individual Donors 342,865.60
4204 Corporate Sponsors 2,560.00
4206 In Kind Donations 27,150.00
4401 Board of Governors Dues 14,850.00
4503 Other Grants 32,000.00
4700 Special Events - Gala
4701 Sponsorships 7,600.00
Total for 4700 Special Events - Gala $7,600.00
4750 Small Events 63,600.36
Total for 47 RD Funding $495,625.96
48 Club Revenue
4802 Club Prog Inc - Middle School
21001 CVUSD ELOP Middle School Subsidy 119,125.00
21003 After School 205,617.74
21004 1 Hour Club - Middle School 2,072.00
21005 10 Day Pass 8,060.00
21300 Transportation 3,553.00
21807 Flag Football 300.00
Total for 4802 Club Prog Inc - Middle School $338,727.74 4804 Camps Income -$14.00
22401 Holiday Break Fees 1,015.00
22501 Summer Camps 12,416.00
Total for 4804 Camps Income $13,417.00
4806 Other Club Income
22502 Facility Rental 11,250.00
22503 Late Fee 50.00
22515 Withdrawal/Administrative fee 25.00
Total for 4806 Other Club Income $11,325.00
4807 Scholarship Discounts (XR) -48,851.10
Total for 48 Club Revenue $314,618.64
Statement of Activity
Boys & Girls Clubs of Greater Conejo Valley, Inc.

January 1-March 30, 2026
Accrual Basis Monday, March 30, 2026 02:29 PM GMT-07:00 2/4
Total
49 Investment Income
4901 Gain/(Loss) on Investments 30,300.19
4902 Interest Income 950.21
4904 Brokerage Fees Inv Acct -1,216.96
Total for 49 Investment Income $30,033.44
5100 Other Income
51001 Ramp Cash Back Income 25.99
Total for 5100 Other Income $25.99
Total for Income $840,304.03
Gross Profit $840,304.03
Expenses
60 Personnel Expenses
6001 Salaries 294,528.35
6002 Hourly Wages 173,717.85
6003 Outside Services - Contracts 1,747.07
6004 Recruitment and Hiring 2,833.52
6005 FICA 33,903.52
6008 Pension 11,958.70
6009 Health Insurance 46,902.13
6011 Training and Development 542.44
6012 Employees Uniforms/Name Tags 2,044.10
6013 Employee Relations and Engagement 340.24
Total for 60 Personnel Expenses $568,517.92
6114 Safety Equipment 230.11
6115 Facility Safety Upgrades 367.84
61 Occupancy Expenses
6101 Utilities 16,648.21
6102 Building Maintenance 3,328.38
6103 Equip Lease/Rpr/Rplcmnt 19,591.36
6104 Liability Insurance 41,978.19
6105 Janitorial Serv. & Supplies 33,506.41
6107 Club/Office Rental 22,111.00
6108 Telephone/Internet 16,971.10
6109 Security Monitoring Fees 2,579.89
Total for 61 Occupancy Expenses $156,714.54
Statement of Activity
Boys & Girls Clubs of Greater Conejo Valley, Inc.

January 1-March 30, 2026
Accrual Basis Monday, March 30, 2026 02:29 PM GMT-07:00 3/4
Total
62 Transportation Expenses
6201 Vehicle Maintenance and Repair 93.52
6203 Fuel Costs 1,620.86
6204 Mileage Reimbursement 305.73
6207 Travel, Airline & Parking -8.00
Total for 62 Transportation Expenses $2,012.11
63 Program Expenses
6301 Supplies/Equip 1,740.97
6302 Incentives/ Club 1,439.60
6311 YOM Pizza Parties 184.63
6313 Sports Equipment 1,227.46
6314 SEL Expenses 265.04
6315 STEAM Expenses 531.23
6316 Healthy Snacks for Members 29,312.59
6319 Club Safety Expenses 1,410.21
Total for 63 Program Expenses $36,111.73
64 Administrative Expenses
6401 Postage 158.14
6404 Accounting 968.82
6405 Legal Fees & Licenses 16,742.21
6406 Office Supplies 2,272.26
6407 Dues & Subscriptions $300.00
6407.22.10 Calabasas Chamber of Commerce 325.00
6407.22.13 Klaviyo 450.00
6407.22.23 HRIS 834.90
6407.22.25 ChatGPT subscription 1,194.26
6407.22.27 Adobe Subscription 59.97
6407.22.3 Apple Business Manager 287.04
6407.22.4 Microsoft Office 24.41
6407.22.8 United Imaging service contract 42.00
Total for 6407 Dues & Subscriptions $3,517.58
6408 Conferences & Meetings 2,765.87
6409 Bank Fees 89.42
6410 CC Fees - Admin 5,916.26
6413 B&GCA Dues 19,329.46
6415 Interest Expense 967.00
Statement of Activity
Boys & Girls Clubs of Greater Conejo Valley, Inc.

January 1-March 30, 2026
Accrual Basis Monday, March 30, 2026 02:29 PM GMT-07:00 4/4
Total
6450 Bad Debts 310.00
Total for 64 Administrative Expenses $53,037.02
65 Marketing Expenses $520.00
6501 Graphic Design 3,490.83
6502 Printing 293.35
6503 Recruiting/ Marketing 15,277.66
Total for 65 Marketing Expenses $19,581.84
66 Fundraising Expenses
6601 Donor Incentives 70.95
Total for 66 Fundraising Expenses $70.95
67 Event Expenses
6701 Gala Outside Services - Event 2,500.00
6712 Gala Consignment on Auction Items 22,480.61
6751 Small Events - Outside Services 2,079.00
6752 Small Events - Incentives 401.13
6753 Small Events - Supplies & Décor 251.35
6754 Small Events - Facility Food and Beverage 7,851.50 6756 Small Events - Event Planning 1,340.61
6758 Small Events - Printing Expenses 1,682.46
Total for 67 Event Expenses $38,586.66
68 Deprec. And Amort. Expenses
6801 Depreciation 76,000.00
Total for 68 Deprec. And Amort. Expenses $76,000.00
Total for Expenses $951,230.72
Net Operating Income -$110,926.69
Other Expenses
80000 Ask My Accountant 7.86
Total for Other Expenses $7.86
Net Other Income -$7.86
Net Income -$110,934.55

CALIFORNIA WILDLIFE CENTER
Description of Community Services Provided: _______________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ City of Agoura Hills
Community Outreach Grant Program
Grant Representative Contact
Address: ___________________________________
Name: ___________________________________ Phone: ________________________ Organization Name: ______________________________________________________ Organization Address: (Must be Local): ______________________________________________________ List Area(s) Served by Organization | Include Number of Agoura Hills Residents | Provide Description of Relationship Organization to Agoura Hills Residents:
__________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ Fund Amount Requested: _________________________________ California Wildlife Center
26026 Piuma Rd, Calabasas, CA 91302
Tayler Lackey 310-458-9453
P.O. Box 2022 Malibu, CA 90265
Since 1998, California Wildlife Center (CWC) has been
committed to providing medical and rehabilitative care to wildlife in peril.

Since CWC’s founding its mission has been to mitigate the negative effects humans have on the environment and care for the wildlife that are forced to suffer the consequences of that impact.

CWC is the only wildlife rehabilitation center that cares for both terrestrial animals and marine mammals on the West Coast, treating over 4,000 patients each year.

CWC serves Los Angeles County and the Southern portion of Ventura County. The organization does so at no cost to the public, working closely with other local agencies, such as the Agoura Hills Animal Shelter. In 2025, CWC admitted 133 patients from the City of Agoura Hills and fielded an additional 900 calls and texts from Agoura Hills residents concerning local wildlife.
$1,000
Proposed Use and Budget Plan for Grant Funds: (Include details) ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ Have You Received Grant Funding From the City of Agoura Hills in the Past?:

YES_______ NO_______ If Yes: Year Received? ____________ Amount: ___________ Additional Documentation: (Anything else we should know about your organization?) _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ Supplemental Documentation Checklist:
501(c)(3) paperwork proof of status (if you are a /&8 applicant, please include By-aws"rticles of Incorporation.) Income statement and balance sheet for current year. Include document indicating percentage of revenue received that is used for administration, salaries and program costs.

Breakdown and description of organization's sources(s) of revenue.

I would like to attend the Finance Subcommittee Meeting to be held in midMay 2026.

Please do /05 include any images or protected documents.

Grant funding from the City of Agoura would be applied towards our general animal care departmental expenses, our largest budgetary category. Every patient that comes through our doors is assigned a care protocol after a through exam. Generally, a patient’s care protocol will involve medicated intervention and species-specific nutrition. Support from the City of Agoura would supplement the $30,000 that we spend on patient nutrition annually, and the $25,000 we spend on live-saving medications. Our team works tirelessly, 7 days a week, 365 days a year, to provide the highest standard of rehabilitative care to the 4,500 animals we see each year. We are only able to do this with sustained community support from partners like the City of Agoura Hills. 25’- $750
California Wildlife Center receives no sustained federal funding and relies on the generosity of individual donors, cities and private foundations to keep our doors open. ✔
✔
✔
✔
✔
2010, 2013-2018,
2020-2025
California Wildlife Center
FY26 Budget
Totals by Department
Admin Animal Care Education Fundraising MMR Volunteers Not Specified TOTAL Expenditures
5050 Payroll - Salaries and Wages 120,000.00 492,619.60 74,859.00 114,828.19 274,162.78 66,851.20 1,143,320.76 5060 Payroll Taxes 9,600.00 39,409.57 5,988.72 9,186.26 21,933.02 5,348.10 91,465.66 5090 Benefits 7,613.64 60,510.14 7,510.68 24,610.32 25,329.82 6,613.88 132,188.48 5100 Employee Incentives 6,000.00 5,878.35 3,742.95 0.00 5,878.35 0.00 21,499.65 5110 Volunteer Incentives 0.00 0.00 120.00 0.00 200.00 5,000.00 5,320.00 5125 Employee uniforms 0.00 50.00 0.00 0.00 250.00 0.00 300.00 5200 Facilities/New Construction 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5210 Dues/Subscriptions 563.00 1,155.00 489.00 6,704.00 525.00 542.00 9,978.00 5300 Educational Conferences/Travel 0.00 2,000.00 0.00 0.00 2,800.00 0.00 4,800.00 5400 Facilities Maintenance 561.00 19,115.00 1,740.00 1,684.00 16,797.00 2,190.00 42,087.00 5520 Marine Mammal Pumping 0.00 0.00 0.00 0.00 64,000.00 0.00 64,000.00 5600 Feed & Feeding Supplies 0.00 30,000.00 0.00 0.00 26,800.00 0.00 56,800.00 5620 Janitorial/Rubbish 104.00 3,196.00 307.00 307.00 3,860.00 411.00 8,185.00 5630 Licenses and Permits 0.00 320.00 0.00 0.00 320.00 0.00 640.00 5700 Medical Supplies 0.00 30,100.00 0.00 0.00 4,825.00 0.00 34,925.00 5710 Animal Care Supplies 0.00 8,100.00 0.00 0.00 2,800.00 0.00 10,900.00 5720 Animal Tools & Equipment 0.00 1,000.00 0.00 0.00 4,000.00 0.00 5,000.00 5750 Lab Services (In House) 0.00 0.00 0.00 0.00 3,750.00 0.00 3,750.00 5760 Lab Services (Submissions) 5,000.00 5,000.00
5770 Lab Services (Maintenance) 0.00 8,000.00 0.00 0.00 1,600.00 0.00 9,600.00 5825 Motor Vehicle Insurance 0.00
5835 Motor Vehicle Operation 0.00 5,000.00 4,000.00 300.00 11,400.00 100.00 20,800.00 5845 Motor Vehicle Registration 0.00 302.40 750.00 0.00 705.60 0.00 1,758.00 5900 Student Stipends 0.00 0.00 0.00 0.00 0.00 6,500.00 6,500.00 5910 Training Expenses 55.00 215.00 555.00 80.00 135.00 40.00 1,080.00 5915 Board Meeting Expenses 175.00 0.00 0.00 0.00 0.00 0.00 175.00 5920 Utilities 830.00 20,120.00 2,490.00 2,490.00 12,950.00 3,320.00 42,200.00 5950 Public Education 0.00 0.00 3,000.00 0.00 100.00 0.00 3,100.00 5960 Public Relations 0.00 0.00 5,000.00 0.00 100.00 0.00 5,100.00 6000 Fundraising - Annual Events 0.00
6200 Fundraising Expense - Other 0.00 0.00 0.00 10,000.00 0.00 0.00 10,000.00 6240 Miscellaneous Expense 0.00
6250 Logo Merchandise 0.00 0.00 2,000.00 4,000.00 0.00 0.00 6,000.00 6300 Silent Auction Costs 0.00
6350 Travel & Entertainment 200.00 200.00 100.00 0.00 550.00 0.00 1,050.00 7020 Merchant Fees 1,000.00 0.00 0.00 500.00 0.00 0.00 1,500.00 7025 Bank Charges 960.00 120.00 120.00 120.00 120.00 120.00 1,560.00 7035 Depreciation Expense 360.00 8,640.00 1,080.00 1,080.00 5,400.00 1,440.00 18,000.00 7045 Payroll Expenses 4,824.00 576.00 72.00 72.00 360.00 96.00 6,000.00 7046 Data Processing 0.00
7050 Insurance - Directors/Officers 90.00 2,160.00 270.00 270.00 1,350.00 360.00 4,500.00 7060 Insurance - General Liability 640.00 16,000.00 2,000.00 2,000.00 10,000.00 5,850.00 36,490.00 7070 Insurance - Fire 0.00
7075 Insurance - Workman's Comp 380.00 9,120.00 1,140.00 1,140.00 5,700.00 1,520.00 19,000.00 7080 Internet/Web Hosting 15.00 345.00 44.00 44.00 1,016.00 58.00 1,522.00 7085 Personnel Recruitment 0.00 200.00 0.00 0.00 200.00 0.00 400.00 7090 Telephones / Pagers 100.00 3,240.00 300.00 300.00 2,376.00 400.00 6,716.00 7110 Newsletters 0.00 0.00 0.00 3,300.00 0.00 0.00 3,300.00 7115 Computer Supplies 244.00 7,356.00 732.00 1,612.00 5,860.00 976.00 16,780.00 7130 Office Equipment - Lease 0.00
7135 Office Equipment - Purchase 0.00
7140 Office Equipment - Repair 0.00
7150 Office Supplies/Printing 120.00 2,880.00 360.00 6,240.00 1,800.00 480.00 11,880.00 7160 Postage & Delivery 7.00 150.00 19.00 319.00 93.00 25.00 613.00 7170 Professional Fees - Accounting 667.00 15,996.00 2,000.00 2,000.00 9,998.00 2,666.00 33,327.00 7172 Professional Fees - Other 60.00 1,440.00 180.00 180.00 900.00 240.00 3,000.00 7174 Professional Fees - Vet 0.00
7175 Investment Fees - Unrestricted 700.00 16,800.00 2,100.00 2,100.00 10,500.00 2,800.00 35,000.00 7190 Taxes 200.00 500.00 700.00
Total Expenditures $ 156,068.64 $ 812,314.05 $ 123,069.35 $ 195,966.76 $ 546,444.57 $ 113,947.18 $ 0.00 $ 1,947,810.55 $ - 8% 42% 6% 10% 28% 6%
Revenue
Fundraising $20,000
Grants $222,000
Contributions $712,500
Interest Income $700,000
Total Revenue $1,654,500
Net ($293,311)
4/6/26 1:55 PM

ADMIN ANIMAL CARE VOLUNTEERS EDUCATION FUNDRAISING MMR TOTAL PL FY2025
June 30, 2025
Income
4000 · Sponsorships 10,000
4055. · Grants - Unsolicited
4100 · Contributions - Cash 425,588
4200 . Contributions in Kind
4300 · Education & Training
4400 · Annual Events
4450 - Other Fundraisers 30,000
4500 · Grants - Solicited 540,896
4520 - Government Grants
4600 - Legacies & Bequests Perm Restr 17,500
4610 - Legacies & Bequests Temp Restr
4620 - Legacies & Bequests Unrestricted
4700 · Membership 180,261
4800 · Miscellaneous
4810 · Merchandise 4,234
4820 · Interest Income 418,872
4825 . Dividend Income
4830 -Change Value Securities 328,850
4900 · Animal Rescues 39,579
Total Income 1,995,780
Expense
5050 · Salaries 105,287 496,545 55,625 73,170 41,137 204,889 976,654 5060 · Payroll Taxes 2,737 41,725 4,353 5,650 3,016 10,563 68,044 5090 - Benefits 7,567 52,306 6,215 6,547 16,496 19,693 108,824 5100 - Employee Incentives 13 300 50 45 38 444 890
5110 - Volunteer Incentives - - 4,261 186 - - 4,447
5125 - Employee Uniforms - 49 244 - - 274 567
5200 - Facilities /New Construction - - - - - - -
5210 · Dues/Subscriptions 1,125 1,386 591 464 6,519 336 10,421 5300 · Educational Conferences/Travel 279 1,014 - - - 807 2,100 5400 · Facilities Maintenance 255 21,229 1,037 915 768 10,964 35,168 5520 - Marine Mammal Pumping - - - - - 39,530 39,530
5600 · Feed & Feeding Supplies - 33,998 - - - 29,837 63,835 5620 · Janitorial/Rubbish 70 2,831 374 267 248 2,190 5,980 5630 - Licenses & Permits - - - - - - -
5700 · Medical Supplies - 22,018 - - - 6,222 28,240
5710 - Animal Care Supplies - 10,322 - - - 723 11,045
5720 - Animal Tools & Equipment - 3,946 - 1,153 - 2,162 7,261 5750 - Lab Services (In House) - - - - - 2,727 2,727
5760 - Lab Services (Submissions) - - - - - - -
5770 - Lab Services (Maintenance) - 5,584 - - - 1,990 7,574 5825 · Motor Vehicle Insurance - - - - - - -
5835 · Motor Vehicle Operation - 4,055 - 4,920 158 9,576 18,709 5845 · Motor Vehicle Registration - 303 - 676 - 705 1,684 5900 - Student Stipends - 2,801 4,259 - 4 1,028 8,092
5910 · Training Expenses 447 311 9 131 24 199 1,121
5915 - Board Meeting Expenses - - - - - - -
5920 · Utilities 704 16,891 2,814 2,116 2,116 10,555 35,196 5950 · Public Education - - - 4,481 - - 4,481
5960 - Public Relations - - - 3,174 - - 3,174
6000 · Fundraising - Annual Events - - - - - - -
6200 · Fundraising - Other - 35 - - 3,415 - 3,450
6250 - Logo Merchandise - - - - 3,605 - 3,605
6300 - Silent Auction Cost - - - - - - -
6350 - Travel & Entertainment - 465 - - - 1,468 1,933
7020 - Merchant Fees 715 - - - - - 715
7025 - Bank Charges 725 - - - - - 725
7035- Depreciation 576 12,601 - - 576 12,450 26,203
4/6/26 1:55 PM

ADMIN ANIMAL CARE VOLUNTEERS EDUCATION FUNDRAISING MMR TOTAL PL FY2025
June 30, 2025
7045 · Payroll Expense 3,357 217 41 2 78 85 3,780
7050 · Insurance - Directors/Officers 88 2,094 349 262 262 1,308 4,363 7060 · Insurance - General Liability 643 14,866 5,550 1,921 1,921 9,603 34,504 7075 · Insurance - Workman's Comp 309 7,384 1,233 925 924 4,617 15,392 7080 · Internet/Web Hosting 9 290 49 37 39 1,021 1,445
7085 - Personnel Recruitment - 115 - - - 171 286
7090 · Telephones / Pagers 198 2,317 334 257 255 1,646 5,007 7110 . Newsletters - - - - 2,322 - 2,322
7115 . Computer Supplies 659 10,822 821 616 2,101 12,379 27,398 7130 · Office Equipment - Lease - - - - - - -
7135 · Office Equipment - Purchase - - - 25 - - 25
7140 · Office Equipment - Repair - - - - - - -
7150 · Office Supplies/Printing 117 1,994 300 1,373 6,708 1,170 11,662 7160 · Postage & Delivery 6 157 25 19 384 97 688
7170 · Professional Fees - Accounting 1,755 42,130 7,006 5,259 5,258 26,164 87,572 7172 · Professional Fees - Other - 703 - - - 310 1,013
7174 · Professional Fees - Vet - 444 - - - 444 888
7165 - Bad Debt Expense - - - - - - -
7190 · Taxes 238 44 7 6 334 28 657
6240 - Miscellaneous Expenses 500 - - - - - 500
7175 Investment Fees 33,577 - - - - - 33,577
161,956 814,292 95,547 114,597 98,706 428,375 1,713,474

CANCER SUPPORT COMMUNITY

Jan - Dec 26
Ordinary Income/Expense
Income
40100 · Corporate Contributions 10,000.00
40200 · Foundation Contributions 259,500.00
40300 · Government Grants/Contracts 30,000.00
40400 · Individual Contributions 145,000.00
40500 · Program Services 50,000.00
40502 · Workshops 5,000.00
40900 · Community Fundraisers 5,000.00
49000 · Special Events Income 337,500.00
59000 · Special Event Expenses (60,300.00)
Total Income 781,700.00
Gross Profit 781,700.00
Expense
60900 · Business Expenses 17,883.00
62100 · Contract Services 45,109.50
62800 · Facilities and Equipment 84,906.08
65000 · Operations 24,501.00
65100 · Other Business Expenses 44,050.00
66000 · Payroll Expenses 825,213.47
68300 · Travel and Meetings 13,400.00
Total Expense 1,055,063.05
Net Ordinary Income (273,363.05)
Other Income/Expense
Other Income
70100 · Interest Income 35,000.00
70800 · Carry Back Mortgage Int Income 5,100.00
Total Other Income 40,100.00
Other Expense
62810 · Depreciation & Amortization 2,311.93
80020 · Investment Fees 20,000.00
Total Other Expense 22,311.93
Net Other Income 17,788.07
Net Income (255,574.98)
2:25 PM Cancer Support Community Valley/Ventura/Santa Barbara 02/04/26 Profit & Loss Budget Overview
Accrual Basis January through December 2026

Feb 28, 26
ASSETS
Current Assets
Checking/Savings
10600 · Montecito Bank & Trust 251,135.79
Total Checking/Savings 251,135.79
Accounts Receivable
11000 · Accounts Receivable 70,452.52
Total Accounts Receivable 70,452.52
Other Current Assets
13000 · Prepaid & Deferred Expenses 5,924.94
Total Other Current Assets 5,924.94
Total Current Assets 327,513.25
Fixed Assets
15000 · FIXED ASSETS 27,922.85
17100 · Accumulated Depreciation (17,299.61)
Total Fixed Assets 10,623.24
Other Assets
18010 · Edward Jones Acct #0113 939,847.66
18020 · Edward Jones Investment #45910 2,131,918.60
18025 · Edward Jones Cash - #46017 68,830.45
18310 · Loan Fees 15,688.00
18312 · Accumulated Amort-Loan Fees (15,688.00)
18610 · Web Site Development 14,732.94
18612 · Accumulated Amort-Web Site (14,732.94)
18650 · Ameriprise Life Ins #2004 7,085.42
18700 · Deposits 7,090.71
19000 · Building Carryback Loan 75,000.00
Total Other Assets 3,229,772.84
TOTAL ASSETS 3,567,909.33

LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable
20000 · Accounts Payable 3,203.82
20010 · Accrued Wages Payable 27,340.56
Total Accounts Payable 30,544.38
Other Current Liabilities
24300 · Accrued Vacation Payable 42,065.53
Total Other Current Liabilities 42,065.53
Total Current Liabilities 72,609.91
Total Liabilities 72,609.91
Equity
31300 · Perm. Restricted Net Assets 582,898.29
32000 · Unrestricted Net Assets 2,943,333.61
Net Income (30,932.48)
Total Equity 3,495,299.42
TOTAL LIABILITIES & EQUITY 3,567,909.33
10:28 AM Cancer Support Community Valley/Ventura/Santa Barbara 03/24/26 Balance Sheet
Accrual Basis As of February 28, 2026

CONEJO FREE CLINIC

EXPOSE

Statement of Activity
(;326(
January 1-December 31, 2025
Accrual Basis Sunday, January 25, 2026 01:01 PM GMTZ 1/1 ',675,%87,21$&&2817 727$/
,QFRPH
,QFRPHIURP)XQGUDLVLQJ 
6DOHV 
Total for Income $152,525.68
Gross Profit $152,525.68
([SHQVHV
$FFRXQWLQJ6HUYLFHV 
$GYHUWLVLQJ 0DUNHWLQJ 
%DQN&KDUJHV 
(QWHUWDLQPHQW 
,QGLYLGXDO&RQWUDFWRU 
,QVXUDQFH 
0HDOV 
2IILFH*HQHUDO$GPLQLVWUDWLYH([SHQVHV 
2IILFH6XSSOLHV 
3HUPLWVDQG/LFHQVHV 
3ULQWLQJ([SHQVH 

3URJUDP([SHQVHV 
5HQW 
6XEVFULSWLRQ 

7UDYHO 
Total for Expenses $109,577.78
Net Operating Income $42,947.90
Net Other Income
Net Income $42,947.90

ARTICLES OF INCORPORATION OF THE STATE OF CALIFORNIA
OF
EXPOSE
I.

The name of this corporation is EXPOSE.

II.

A. This corporation is a nonprofit PUBLIC BENEFIT CORPORATION and is not organized for the private gain of any person. It is organized under the Nonprofit Public Benefit Corporation Law for public and charitable purposes.

B. This corporation is organized in furtherance of an educational purpose and to provide resources, mentorship, and instruction on subjects useful to the individual and beneficial to the community; including but not limited to representing underrepresented and underserved communities, empowering women, youths, and children for a better future. This notwithstanding, the Corporation reserves the rights to expand the geographical reach and services provided to attain its desired mission.

III.

The name and address in the State of California of this corporation's initial agent for service of process is:

Odion Okojie
880 West First Street #313 Los Angeles, California 90012 IV.

The initial street address of this corporation is 880 West First Street #313, Los Angeles, California 90012.

V.

A. This corporation is organized and operated exclusively for charitable purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code.

B. No substantial part of the activities of this corporation shall consist of carrying on propaganda, or otherwise attempting to influence legislation, and the corporation shall not participate or intervene in any political campaign (including the publishing or distribution of statements) on behalf of any candidate for public office.

VI.

The property of this corporation is irrevocably dedicated to charitable purposes and no part of the net income or assets of this corporation shall ever insure to the benefit of any director, officer, or member thereof or to the benefit of any private person. Upon the dissolution or winding up of the corporation, its assets remaining after payment, or provision for payment, of all debts and liabilities of this corporation shall be distributed to a nonprofit fund, foundation, or corporation which is organized and operated exclusively for charitable purposes and which has established its tax-exempt status under Section 501(c)(3) of the Internal Revenue Code IN WITNESS WHEREOF, the undersigned incorporator has executed these Articles of Incorporation on the date below.

Date: 05/07/2024
For Office Use Only
-FILEDFile No.: BA20241168877
Date Filed: 6/17/2024

FUTURE FOUNDATION-CONEJO/LAS VIRGENES

2. Senior Congress XXII, Getting Smarter at Getting Older, took place on March 25, 2026. There were presentations by seven experts in the field speaking on topics that included: Tech Made Easier: How to Manage Your Digital Life, Stay Secure and Use Tools that Matter Most, Brain Health and Memory:

What Really Helps, Getting Smarter at Getting Older, Seniors Vs. Scams: Your Guide to Staying Safe, Everyday Al Made Simple: Staying Capable, Connected and Curious, and The Future of Home:

Creative Approaches to Aging in Place

4. LIST AREA(S) SERVED BY ORGANIZATION (include brief description of the relationship of your organization to the residents of the City of Agoura Hills), PLEASE INCLUDE NUMBER OF AGOURA HILLS RESIDENTS SERVED.

CLVFF serves the area along the 101 Freeway corridor from Calabasas to Newbury Park. The organization's focus is regional in nature. Agoura Hills is in the heart of the region. In the 3 programs that the Foundation offers annually, every year there are 200 students in the Youth Leadership Program, 250 attendees at Senior Congress and 180 attendees at our 1Ox10 event. Approximately, 25% of each event attendees reside within the Agoura Hills city limits.

5. AMOUNT OF FUNDS REQUESTED:

A total of $7,000 is requested to fund three programs:

Senior Congress
Youth Congress Leadership Program
1Ox10: The Future of the Conejo LasNirgenes Region

6. PROPOSED USE AND BUDGET PLAN FOR GRANT FUNDS (Please include as much detail as possible as this may affect your award status.)
This year a grant from the City of Agoura Hills is requested to fund 3 regional programs that have a significant impact to the City of Agoura Hills. We offer programs, unique to the community, that are not currently being offered by the local cities or school districts. By helping to fund CLVFF, the City is effectively leveraging resources and providing valuable services for a fraction of what they would otherwise cost. As reflected in this grant request, the cost of these events is kept to a minimum because of volunteer involvement, so that City funds are maximized to the greatest degree.

1. Planning for Senior Congress XXIII will begin in August with the event to be held in the first quarter of 2026.

The Foundation began Senior Congress in 2005 as a way of addressing the needs and concerns of senior citizens in the region. The popularity of Senior Congress supports the notion that the senior citizen population is growing in numbers and that this group is highly motivated to learn more about how they can remain healthy, productive, informed, and involved in the planning of their own individual futures. Past programs have included subjects such as financial concerns, healthy aging techniques, end of life issues, safety issues, how to improve memory, how to recognize, diagnose and manage memory loss, aging in place, transitions and choices, healthy senior living, money 101 for seniors, senior medical concerns, parts 1 and 2, lifelong learning, making sense of your senses, technology, planning for the future, better with age, turning obstacles into opportunities, stepping into your future, embracing your changing world, ageless living, and getting smarter at getting older.

Budget Plan: Senior Congress XXIII
Project Coordinator
Program Supplies
Printing
Facility Use
Lunch
Outside Services
AH 2026
$6,000
$ 300
$3,200
$ 1,000
$1,500
$ 850
2 GOLDEN HEART RANCH
Description of Community Services Provided: _______________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ City of Agoura Hills
Community Outreach Grant Program
Grant Representative Contact
Address: ___________________________________
Name: ___________________________________ Phone: ________________________ Organization Name: ______________________________________________________ Organization Address: (Must be Local): ______________________________________________________ List Area(s) Served by Organization | Include Number of Agoura Hills Residents | Provide Description of Relationship Organization to Agoura Hills Residents:
__________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ Fund Amount Requested: _________________________________ *ROGHQ+HDUW5DQFK

7ULXQIR&DQ\RQ5RDG
5RVHYDQ:LHU+HLQ 


7ULXQIR&DQ\RQ5RDG
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
Proposed Use and Budget Plan for Grant Funds: (Include details) ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ Have You Received Grant Funding From the City of Agoura Hills in the Past?:

YES_______ NO_______ If Yes: Year Received? ____________ Amount: ___________ Additional Documentation: (Anything else we should know about your organization?) _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ Supplemental Documentation Checklist:
501(c)(3) paperwork proof of status- (if you are a NEW applicant, please include ByLaws/Articles of Incorporation.) Income statement and balance sheet for current year. Include document indicating percentage of revenue received that is used for administration, salaries and program costs.

Breakdown and description of organization's sources(s) of revenue.

I would like to attend the Finance Subcommittee Meeting to be held in mid-May 2026.

Please do NOT include any images or protected documents. *+5UHVSHFWIXOO\UHTXHVWVWRVXSSRUWFRPPXQLW\LQWHJUDWLRQDQGOLIHVNLOOVSURJUDPPLQJIRU\RXQJDGXOWV ZLWK,''*UDQWIXQGVZLOOEHXVHGWRKHOSFRYHUVWDIILQJVXSSRUWSURJUDPVXSSOLHVDQGWUDQVSRUWDWLRQFRVWDVVRFLDWHG ZLWKVXSHUYLVHGRXWLQJVLQ$JRXUD+LOOV)XQGVZLOODOVRVXSSRUWPDWHULDOVXVHGLQRXURQVLWHSURJUDPVVXFKDV FRRNLQJDFWLWLYLWHVKHDOWKDQGZHOOQHVVSURJUDPPLQJDQGYRFDWLRQDOJDUGHQLQJ  
*ROGHQ+HDUW5DQFKLVGHHSO\URRWHGLQWKH$JRXUD+LOOVFRPPXQLW\DQGLVGHGLFDWHGWRFUHDWLQJDVDIH ZHOFRPLQJSODFHZKHUH\RXQJDGXOWVZLWK,''FDQEXLOGFRQILGHQFHIULHQGVKLSVDQGOLIHVNLOOV 2XUSURJUDPVDUHGHVLJQHGWRSURPRWHLQGHSHQGHQFHZKLOHDOVRVWUHQJWKHQLQJFRQQHFWLRQVEHWZHHQSDUWLFLSDQWVDQG DQGWKHEURDGHUFRPPXQLW\

%UHDNGRZQDQG'HVFULSWLRQRI2UJDQL]DWLRQ¶V6RXUFHVRI5HYHQXH

*ROGHQ+HDUW5DQFKLVVXSSRUWHGWKURXJKDFRPELQDWLRQRILQGLYLGXDO GRQDWLRQVIRXQGDWLRQJUDQWVSDUWLFLSDQWSURJUDPIHHVFRUSRUDWH VSRQVRUVKLSVDQGFRPPXQLW\IXQGUDLVLQJHYHQWV,QGLYLGXDOGRQRUVDQG IDPLO\IRXQGDWLRQVSURYLGHDVLJQLILFDQWSRUWLRQRIDQQXDOVXSSRUW KHOSLQJVXVWDLQGDLO\SURJUDPPLQJDQGSURJUDPJURZWK
3DUWLFLSDQWSURJUDPIHHVFRQWULEXWHWRZDUGWKHFRVWRIVHUYLFHVWKRXJK WKHVHIHHVGRQRWIXOO\FRYHUWKHWUXHFRVWRIRSHUDWLQJWKHSURJUDPV *ROGHQ+HDUW5DQFKLQWHQWLRQDOO\NHHSVIHHVDVDFFHVVLEOHDVSRVVLEOHWR HQVXUHLQGLYLGXDOVZLWKLQWHOOHFWXDODQG GHYHORSPHQWDOGLVDELOLWLHVFDQ SDUWLFLSDWHUHJDUGOHVVRIILQDQFLDOFLUFXPVWDQFHV
$GGLWLRQDOVXSSRUWLVJHQHUDWHGWKURXJKVSHFLDOHYHQWVFRUSRUDWH SDUWQHUVKLSVDQGFRPPXQLW\EDVHGIXQGUDLVLQJHIIRUWV7KHVHGLYHUVH UHYHQXHVWUHDPVDOORZ*ROGHQ+HDUW5DQFKWRPDLQWDLQKLJKTXDOLW\ SURJUDPPLQJZKLOHFRQWLQXLQJWRH[SDQGRSSRUWXQLWLHVIRUWKH LQGLYLGXDOVDQGIDPLOLHVZHVHUYHWKURXJKRXW/RV$QJHOHV&RXQW\DQG WKH$JRXUD+LOOVFRPPXQLW\
$OORFDWLRQRI2UJDQL]DWLRQDO5HYHQXH
*ROGHQ+HDUW5DQFKGLUHFWVWKHPDMRULW\RI LWVUHVRXUFHVWRZDUGSURJUDP GHOLYHU\DQGGLUHFWSDUWLFLSDQWVHUYLFHV7KHRUJDQL]DWLRQPDLQWDLQVD OHDQDGPLQLVWUDWLYHVWUXFWXUHWRHQVXUHIXQGVDUHXVHGDVHIILFLHQWO\DV SRVVLEOHWRVXSSRUWWKHLQGLYLGXDOVZHVHUYH
3URJUDP6HUYLFHV
'LUHFW3URJUDPPLQJ$FWLYLWLHV6XSSOLHV
7UDQVSRUWDWLRQ$QLPDO&DUH*DUGHQ3URJUDP


6DODULHVDQG%HQHILWV
3URJUDP6WDII,QVWUXFWLRQ6XSHUYLVLRQDQG
3DUWLFLSDQW6XSSRUW


$GPLQLVWUDWLRQDQG2SHUDWLRQV
,QVXUDQFHDFFRXQWLQJFRPSOLDQFH
XWLOLWLHVRIILFHH[SHQVHV


7KLVVWUXFWXUHDOORZV*ROGHQ+HDUW5DQFKWRSULRULWL]HKDQGVRQVHUYLFHV DQGPHDQLQJIXOH[SHULHQFHVIRUSDUWLFLSDQWVZKLOHPDLQWDLQLQJ UHVSRQVLEOHILQDQFLDORYHUVLJKWDQGRSHUDWLRQDOVXVWDLQDELOLW\ Dec 31, 25
ASSETS
Current Assets
Checking/Savings
Checking GHR - CNB 0129 229,275.20
Paypal Account 3,975.20
Petty Cash - AH Ranch 415.00
Petty Cash - Office 140.14
Savings (New) CNB 0449 84,023.03
Wells Fargo MM Investment 5,038.43
Total Checking/Savings 322,867.00
Other Current Assets
Wells Fargo Investments 801,798.27
Prepaid Insurance 7,750.00
Total Other Current Assets 809,548.27
Total Current Assets 1,132,415.27
Fixed Assets
Accum Depr - Fixed Assets -251,976.17
Buildings 495,909.00
Buildings & Land Improvements 179,348.84
Const in Prog #6 (Buildings) 276,657.59
Equipment 46,591.96
Furniture and Fixtures 45,758.92
Land Purchase 1,983,638.10
Vehicles 146,476.79
Total Fixed Assets 2,922,405.03
Other Assets
Contributions Receivable
Contributions Receivable-Pledge 300,000.00
Total Contributions Receivable 300,000.00
Total Other Assets 300,000.00
TOTAL ASSETS 4,354,820.30

LIABILITIES & EQUITY
Liabilities
Current Liabilities
Credit Cards
American Express 230.45
Chase Card Services 12,396.13
Total Credit Cards 12,626.58
Other Current Liabilities
Hankey Line of Credit 118,615.39
Interest Payable 18,421.09
Total Other Current Liabilities 137,036.48
Total Current Liabilities 149,663.06
Long Term Liabilities
Loan Payable - R James 50,000.00
Notes, Mortgages, and Leases
Hankey Capital, LLC (Loan A) 1,500,000.00
Hankey Capital, LLC (Loan B) 1,000,000.00
Total Notes, Mortgages, and Leases 2,500,000.00
3:38 PM Golden Heart Ranch
01/30/26 Balance Sheet
Accrual Basis As of December 31, 2025

Dec 31, 25
SBA Loan Accrued Interest 2,188.58
SBA Loan Payable 150,000.00
Total Long Term Liabilities 2,702,188.58
Total Liabilities 2,851,851.64
Equity
Opening Balance Equity 5,136.33
Unrestricted Net Assets 1,154,566.40
Net Income 343,265.93
Total Equity 1,502,968.66
TOTAL LIABILITIES & EQUITY 4,354,820.30
3:38 PM Golden Heart Ranch
01/30/26 Balance Sheet
Accrual Basis As of December 31, 2025

Jan - Dec 25
Ordinary Income/Expense
Income
Direct Public Grants
Foundation and Trust Grants 56,000.00
Direct Public Grants - Other 342,046.00
Total Direct Public Grants 398,046.00
Direct Public Support 260,149.60
Investments
Dividend, Interest (Securities) 30,264.81
Total Investments 30,264.81
Other Types of Income
Merchandise Sales - Ranch Store 656.83
Total Other Types of Income 656.83
Program Income
Social Living Club Fees 609,136.33
Total Program Income 609,136.33
Rentals
Rent Revenue - Debt Property 1,050.00
Total Rentals 1,050.00
Securities
Security Sales -75.59
Total Securities -75.59
Total Income 1,299,227.98
Gross Profit 1,299,227.98
Expense
Advertising Expenses 1,182.45
Bank & Credit Card Charges
Fees - Blackbaud 1,964.07
Fees - Blue Snap 433.06
Bank Service Charges 1,861.93
Finance Charge - CC 40.00
Merchant Fees 424.75
Paypal Fees 972.03
Total Bank & Credit Card Charges 5,695.84
Business Expenses
Business Registration Fees 532.00
Total Business Expenses 532.00
Contract Services
Accounting Fees 3,682.50
Bookkeeping 7,210.00
Database Provider 5,907.14
Outside Contract Services 5,266.13
Total Contract Services 22,065.77
3:43 PM Golden Heart Ranch
01/30/26 Profit & Loss - Consolidated
Accrual Basis January through December 2025

Jan - Dec 25
Facilities and Equipment
DMV Fees 1,903.06
Equip Rental and Maintenance 6,429.95
Maintenance of Property 44,667.64
Property Insurance 6,606.45
Rent 12,511.13
Transportation for Programs 7,567.62
Total Facilities and Equipment 79,685.85
Meals & Entertainment 1,145.80
Memberships & Dues 1,494.00
Operations
Computer Software 2,345.73
Postage, Mailing Service 402.78
Printing and Copying 394.14
Supplies 64,536.08
Telephone, Telecommunications 10,004.32
Total Operations 77,683.05
Other Types of Expenses
Gifts 82.63
Insurance - Health 12,007.44
Insurance - Liability, D and O 30,983.34
Interest Expense - General 2,750.00
Interest Expense - Land Loan 109,461.12
interest Expense - SBA Loan 7,692.00
Staff Development 8,890.19
Total Other Types of Expenses 171,866.72
Payroll Expenses
Gross Payroll Wages 448,035.29
Payroll Tax Expense 36,704.66
Total Payroll Expenses 484,739.95
Payroll Processing 19,900.57
Property Taxes 1,048.78
Property Utility Costs 31,541.54
Seminars and Education
Online Education 19.98
Seminars and Education - Other 285.00
Total Seminars and Education 304.98
Social Living Club Activities 51,822.21
Travel and Meetings
Conference, Convention, Meeting 182.54
Total Travel and Meetings 182.54
Web Registration 5,846.72
Workers Comp Insurance 1,960.00
Total Expense 958,698.77
Net Ordinary Income 340,529.21
Other Income/Expense
Other Income
Interest Income - Other 77.32
Rewards - Credit Cards 2,659.40
Total Other Income 2,736.72
Net Other Income 2,736.72
Net Income 343,265.93
3:43 PM Golden Heart Ranch
01/30/26 Profit & Loss - Consolidated
Accrual Basis January through December 2025

·---

INTERNAL REVENUE SERVICE
P. 0. BOX 2508
CINCINNATI, OH 45201
Date: MAY O 1 2009
GOLDEN HEART RANCH·
C/0 ROSE VAN WIER HEIN
607 6TH ST
MANHATTAN BEACH, CA 90266
Dear Applicant:

DEPARTMENT OF THE TREASURY
Employer Identification Number:
26-3131470
DLN:
17053242328008
Contact Person:

ARIEANE H. BARRS ID# 52662
Contact Telephone Number:
(877) 829-5500
Accounting Period Ending:

December 31
Public Charity Status:
· . 509Ca)(2)
.
- Form ggu-Req�u= -, re= d: ---------·-- ----· -----·-----· Yes
Effective Date of Exemption:

July 17. 2008
Contribution Deductibility:

Yes
Addendum Applies:

NO
We are pleased to inform you that upon review of your application for tax exempt status we have determined that you are exempt from Federal income tax under section 50l(c)(3) of the Internal Revenue Code. Contributions to you are deductible under section 170 of the Code. You are also qualified to receive tax deductible bequests. devises. transfers or gi�s under section 2055. 2106 or 2522 of the Code. Because this letter could help resolve any questions regarding your exempt status. you should keep it in your permanent records.

Organizations exempt under section 501(c)(3) of the Code are further classified as either public charities or private foundations. We determined that you are a public charity under the Code sectionCs) listed in the heading of this letter.

Please see enclosed Publication 4221-PC, Compliance Guide for 50l(c)(3) Public Charities. for some helpful information about your responsibilities as an exempt organization.

Letter 947 COO/CG)

HIVE OF HOPE

46468δβ
๗๙ ARTS-ΡΒSecretado State 5.1(c)(3)
Art!c!ẹs .f !ncorporatJon .fa
Nonprofit Public Benefit Corporation FILED
Seơeía^ of Stete
!MPORTANT - Read !nstructions before comp!et؛ng this form. St^e^Calfemte Filing Fee
Copy Fees
$30.٥0
First page $1,00: each attachment page 50.50:

Certification Fee-55,00
Note: A separate California Franctiise Tax Board application is required to obtain tax exempt status. For more Information, go to https://w^.ftb.ca.go٧.

SEP 22 i
ن4:١
ift/.

This Space For Office Use Only

1. Corporate Name (Go to Wi,sos,ca,gov/business/be/name-availability for general corporate name requirements and restrictions.) Hive of Hope The name of the corporation is

2. Business Addresses (Enter the compete business addresses. Item 2a cannot be a P.O.Box or "in care of” an individual or entity.) a. Initial Stre^ Address of Coloration - Do not entera Ρ.Ο. Box 26500 Agoura Hoad, Suita 102-401
Crty (no abbreviations) State Zip Code
CALABASAS CA S13Ö2
b. Iníial Mailing Address of ^moration. if different than Item 2a City (no abbreviations) State Zip Code

3. Service of Process (Must provide either !dividual OR Corporation.) INDIWDUAL - Complete Items За and 3b only. Must include agent's full name and California street address. a. California Agert's First Name (If agent is not a corporation) Middle Name Last Name Suffix b. Street Address (If agent is not a “^oration) - Do not enter a Ρ.Ο. Box City (no abbreviations) State Zip ^de CA
CORPORATION - Complete Item 3c. Only ا^1جسا the name of the registered agent Corporation.

0. oiifomia R^ister^ Colorate Agent's Name (if agert is a co^ratlon) - Do not complete Item За or 3b LegalCorp Solutions. Inc
ttem٥:. One or both boxea must be checked.

Item 4b: If "public” purposes is choked in Item 4a. or if you irtend fo apply for tax.exempt status in California, you must erter the solfie purpose in Item 4b.)

4. Purpose Statement
a. This corpor^ion is a nonprofit puPIlc benefrt corporation and is not organized for the private gain of any person. It is organized under И public purposes. ^charitable purposes.
b The specific purpose of this corporation is to provide low fee or sliding scale based mental health services to individuals without healthcare. the Nonprofit Public Benefit Corporation taw for:

5. Additional Statements (See Instructions and Filing ^ps.) a. This coloration is organized and operated exclusively for the purposes set forth in Article 4 hereof within the meaning of Internal Revenue Code section 501(c)(3).
b. No substantial part of the activities efthis corporation shall rønsist of carding on propaganda, or othewise attempting to influence legislation, and this corporation shall not participate or intenrene in any polrtica؛ campaign (Including the publishing or ditribution of statements) on behalf of any candidate for public office. 0, The property ofthis corporation is irrevocably dedicated to the purposes in Article 4 hereof and no part of the net income or assets of this corporation shall ever Inure to the benefit of any director, officer or member thereof or to ttie benefit of any private person, d. Upon the dissolution or winding up of this corporation, its assets remaining after payment, or provision for payment, of alt debts and liabilities of this corporation shall be distributed to a nonprofit fund, foundation or corporation which is organized and operated exclusively for charitable, alucatfonal and/or religious purposes and which has established Its tax-exempt status under Internal Revenue Code section 501(c)(3),.

٠. Read an-n Below (This form must bo signed by cacti Incorporator, See Instructions. Do not Include a ti«..) artS.^) ٢١ , Sonia Becerra
Type or Print Name
201 ج Califofnia ร«٢๙8^ of Slate
blzfils.sœ.ra.gw

LINDERO CANYON MIDDLE SCHOOL PFC
Description of Community Services Provided: _______________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ City of Agoura Hills
Community Outreach Grant Program
Grant Representative Contact
Address: ___________________________________
Name: ___________________________________ Phone: ________________________ Organization Name: ______________________________________________________ Organization Address: (Must be Local): ______________________________________________________ List Area(s) Served by Organization | Include Number of Agoura Hills Residents | Provide Description of Relationship Organization to Agoura Hills Residents:
__________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ Fund Amount Requested: _________________________________ Lindero Canyon Middle School Parent Faculty Club (PFC) 5844 Larboard Lane, Agoura Hills, CA 91301 Nicole Cullen 310-951-9304 5881 Woodglen Drive, Agoura HillsThe Lindero Canyon Middle School (LCMS) PFC endeavors to further enhance the education and welfare of the students at LCMS. The PFC supports academic needs identified by the school's teachers and leadership (such as subscriptions to educational websites), as well as activities lead by the associated student body (i.e., the events they plan throughout t year). The PFC also funds instructional aides and campus supervisors to support the learning needs of students and ensure their safety during recess and lunch. The PFC executive board works closely with th Principal and Assistant Principal at LCMS to identify areas where state funding falls short and more suppo is needed. Lindero Canyon Middle School and the PFC serve approximately 800 students from 700 families, the maj of which live in Agoura Hills. The PFC is comprised of both faculty members at the middle school and the parents of the current students (so the majority of parents are also residents of Agoura Hills. LCMS is the primary middle school for the area. Mariposa is the only other middle school in Agoura Hills, but it serves smaller group of students and families. LCMS is dedicated to providing a safe and nurturing environment where students are respected, encouraged to do their best, recognized for their achievements, and given support to succeed in both school and life. $2,000
Proposed Use and Budget Plan for Grant Funds: (Include details) ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ Have You Received Grant Funding From the City of Agoura Hills in the Past?:

YES_______ NO_______ If Yes: Year Received? ____________ Amount: ___________ Additional Documentation: (Anything else we should know about your organization?) _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ Supplemental Documentation Checklist:
501(c)(3) paperwork proof of status (if you are a /&8 applicant, please include By-aws"rticles of Incorporation.) Income statement and balance sheet for current year. Include document indicating percentage of revenue received that is used for administration, salaries and program costs.

Breakdown and description of organization's sources(s) of revenue.

I would like to attend the Finance Subcommittee Meeting to be held in midMay 2026.

Please do /05 include any images or protected documents.

The PFC has discussed current student needs with the Principal and Assistant Principal. The District recently installed a 1-mile turf track around the upper field. We would like to add workout equipment stations around the loop, similar to the types of workout stations you would find in a community park. Physical fitness and providing more options for this instead of just the standard activities like basketball and soccer is an area we would like to focus on this year so that all kids feel included when trying to pursue individual health goals. We are also hoping to install a small putting green area and wrestling mats, as well as a designated space for TRX-type of strength building. 2025 $1,500 We are focusing on trying to prepare our students for sports options in high school so that they feel more confident in trying out for new teams, or attempting new activities. Giving them spaces to build strength and practice new skills will help them to develop physically and mentally for new challenges.

LCMS

PARENT FACULTY
CLUB
ㅡ
5844 LARBOARD LANE
AGOURA HILLS, CA 91301
818.889.2134
TAX ID # 23-7439989
Nicole Cullen
Rhiannon Dourado

CO-PRESIDENTS
Jessica Sprague
Heather Weissman

TREASURERS
Aisha Werber
Megan Grossbart
Abby Barhama
VPs, HOSPITALITY
Chelene Martin

VP, PARLIAMENTARIAN
Amy Gerstel
Jessica Dubane
VPs, FUNDRAISING
Amanda Poulos

VP, MEMBERSHIP
Tara Maynard

VP, COMMUNICATIONS
2025-26 Lindero Canyon Middle School PFC Revenue Spending TOTAL BUDGET: $182,289
CAMPUS SUPERVISORS & INSTRUCTIONAL AIDES: $56,500 (31%) STUDENT/TEACHER ACADEMIC SUPPORT: $44,909 (25%)
CAMPUS EVENTS/STUDENT ACTIVITIES: $22,500 (12%)
MEDIA SPECIALIST & ADMIN: $21,110 (12%)
HOSPITALITY: $21,000 (11.5%)
FUNDRAISING COSTS: $8,090 (4.5%)
PFC OPERATIONAL EXPENSES: $8,180 (4%)
Statement of Financial Position
Lindero Canyon Middle School PFC
As of Apr 22, 2026
Cash Basis Wednesday, April 22, 2026 05:02 PM GMT-07:00 1/1
Total
Assets
Current Assets
Bank Accounts
PFC Bank Accounts
CHASE - CD 103,325.04
CHASE Checking - Main Checking 250,799.20
CHASE - Main Savings 120,966.18
Total for PFC Bank Accounts $475,090.42
Total for Bank Accounts $475,090.42
Other Current Assets
Other Asset adj 0.00
Stripe Clearing Refunds - Acodei 0.00
Uncategorized Asset 0.00
Undeposited Funds 1,534.27
Total for Other Current Assets $1,534.27
Total for Current Assets $476,624.69
Total for Assets $476,624.69
Liabilities and Equity
Liabilities
Total for Liabilities
Equity
Opening Balance Equity 0.00
Retained Earnings 412,437.11
Net Income 64,187.58
Total for Equity $476,624.69
Total for Liabilities and Equity $476,624.69

LOS ROBLES HOSPITAL VOLUNTEERS

Statement of Financial Position
Los Robles Hospital Volunteers, Inc.

As of December 31, 2025
Cash Basis Saturday, March 14, 2026 02:12 AM GMTZ 1/1

DISTRIBUTION ACCOUNT TOTAL
Assets
Current Assets
Bank Accounts
Chase Certificate of Deposit 51,580.09
Chase Checking 196,959.28
Total for Bank Accounts $248,539.37
Other Current Assets
In Kind Clearing 0.00
Total for Other Current Assets $0.00
Total for Current Assets $248,539.37
Total for Assets $248,539.37
Liabilities and Equity
Liabilities
Current Liabilities
Credit Cards
Chase Credit Card -$46,086.20
Brandy -68,357.00
Chris 13,544.81
Isabelle 101,685.67
Total for Chase Credit Card $787.28
Total for Credit Cards $787.28
Total for Current Liabilities $787.28
Total for Liabilities $787.28
Equity
Opening balance equity 134,799.27
Retained Earnings 77,252.05
Net Income 35,700.77
Total for Equity $247,752.09
Total for Liabilities and Equity $248,539.37

LVUSD- LIBRARY MEDIA
2026 Community Outreach Grant Program
City of Agoura Hills

NAME AND ADDRESS OF ORGANIZATION
This application is for the following school libraries located in Agoura Hills.

Sumac / Mariposa Elementary School
6050 Calmfield Avenue, Agoura Hills
Willow Elementary School
29026 Laro Drive, Agoura Hills
Yerba Buena Elementary School
6098 Reyes Adobe Road, Agoura Hills
Lindero Canyon Elementary School
5844 Larboard Lane, Agoura Hills
Agoura High School
28545 West Driver Avenue, Agoura Hills
GRANT APPLICANT REPRESENTATIVE’S NAME, ADDRESS AND NUMBER Tina Johnson, District Library Media Coordinator
Las Virgenes Unified School District
4111 Las Virgenes Road
Calabasas, CA 91302
(818) 878-5253 - Office
(631) 291-0529 - Cell

DESCRIPTION OF COMMUNITY SERVICES PROVIDED
LVUSD Media Centers serve the Agoura Hills community by providing inclusive, high-impact services that extend beyond the classroom. They support student learning and engagement through author visits, book clubs, homework help, community collaboration events, makerspaces, and technology training, all designed to foster a love of learning and a strong sense of belonging.

LVUSD libraries also function as distribution hubs for student laptops and provide student-led technology support for device maintenance and repair. As we continue to evolve, our libraries remain focused on meeting community needs and ensuring equitable access to knowledge, resources, and opportunity for all students.

LIST AREAS SERVED BY ORGANIZATION
We are applying on behalf of LVUSD students and families who reside in Agoura Hills.

Below is the number of students enrolled in our Agoura Hills schools for the 25-26 SY.

School Student Enrollment
Mariposa 408
Sumac 359
Willow 473
Yerba Buena 379
Lindero Canyon MS 787
Agoura HS 1680
Total 4,086

AMOUNT OF FUNDS REQUESTED
$4,086 ( This figure would be applied towards books and author visits to encourage reading. This figure represents approximately $1/student enrolled at LVUSD schools in Agoura.)
PROPOSED USE AND BUDGET PLAN FOR GRANT FUNDS:

Grant funds will be used to enhance the impact and relevance of our school libraries by supporting three key areas: curriculum-aligned programming, collection development, and makerspace resources. With this funding, we plan to bring in authors and speakers who reflect the diversity of our student body and enrich classroom learning through engaging, real-world connections. We will also build our library collections with high-interest, inclusive, and age-appropriate materials that reflect our curriculum and community. Additionally, we will expand our makerspace offerings to provide hands-on learning opportunities that encourage innovation, problem-solving, and creativity. By supporting these initiatives, the City of Agoura Hills will be helping to equip students with the tools and experiences they need to thrive.

HAVE YOU RECEIVED GRANT FUNDING FROM THE CITY OF AGOURA HILLS IN THE PAST?
Yes. We have received grants from The City of Agoura Hills starting in 2016-2017, for the last nine school years. They have ranged from $1000-$2000. This money was used to purchase subscriptions for research databases, to fund social-emotional and social justice learning books, create kits for makerspaces and to offset the cost of community speakers. We are so grateful for the City’s contribution to our students and libraries.

ADDITIONAL DOCUMENTATION
LVUSD school libraries rely on parent funding. All non-curriculum related materials and programming are provided by grants and PFC donations. At the beginning of the school year, LVUSD Libraries generally receive a letter of intent from our parent leadership that indicates the amount of money that they are willing to fund for the library.

Any donation from the City can help offset this amount, and will allow our PFC groups to redirect those funds or invest in other areas of the library that need attention. Since our libraries are funded by parent organizations, it is a struggle to find funding that brings the entire community together for a shared event. Holding virtual educational events like author visits and community speakers creates an opportunity for LVUSD Libraries to reach all of our Agoura Hills patrons with a single community event.

SUPPLEMENTAL DOCUMENTATION
Financial Statements - not applicable
Proof of 501C3 - We are a not for profit, public school district.

None of this money would be used for administration, salaries or program costs.

It would be used to fund assembly costs and speaker fees to bring programming opportunities to our students.

The operation of the library, staff and all curriculum related materials are funded by the school district, but library books, databases and programming are funded by direct donations.

There are no Articles of Incorporation and Bylaws for LVUSD School Libraries.

There are no library marketing materials available.

If needed, I can attend the Finance Subcommittee Meeting.

CERTIFICATION
I certify that on behalf of LVUSD Libraries that I have read, understand and agree that the aforesaid information is accurate, factual and correct.

Tina Johnson

MALIBU SEARCH AND RESCUE
Description of Community Services Provided: _______________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ City of Agoura Hills
Community Outreach Grant Program
Grant Representative Contact
Address: ___________________________________
Name: ___________________________________ Phone: ________________________ Organization Name: ______________________________________________________ Organization Address: (Must be Local): ______________________________________________________ List Area(s) Served by Organization | Include Number of Agoura Hills Residents | Provide Description of Relationship Organization to Agoura Hills Residents:
__________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ Fund Amount Requested: _________________________________ Malibu Search and Rescue
PO Box 1092, Agoura Hills CA 91376-1092
Neal Thornhill 818-730-1875
PO Box 1092, Agoura Hills CA 91376-1092
The Malibu Search & Rescue Team is an all
volunteer organization comprised of Reserve LA County Deputy Sheriffs and Civilian Volunteer Specialists. We are available 24 hours a day in all weather conditions. We cover the Santa Monica Mountains from the LA/Ventura Coutny border to Pacific Palisades. We respond to lost hikers, injured hikers, missing persons, vehicles over the side, aircraft accidents, wildfires, animal rescues and mass casualty incidents.

The City of Agoura Hills is one of our primary rescue areas. We serve all the residents both in the city and when they are recreating in the nearby mountains. We are a unique organization in that we are not funded by the Sheriff’s department, and we do not charge for rescues. In addition, 100% of funds raised go directly to the equipment and management of rescue operations because we have no overhead costs. This grant will both protect the safety of our responders and help save lives.

Proposed Use and Budget Plan for Grant Funds: (Include details) ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ Have You Received Grant Funding From the City of Agoura Hills in the Past?:

YES_______ NO_______ If Yes: Year Received? ____________ Amount: ___________ Additional Documentation: (Anything else we should know about your organization?) _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ Supplemental Documentation Checklist:
501(c)(3) paperwork proof of status (if you are a /&8 applicant, please include By-aws"rticles of Incorporation.) Income statement and balance sheet for current year. Include document indicating percentage of revenue received that is used for administration, salaries and program costs.

Breakdown and description of organization's sources(s) of revenue.

I would like to attend the Finance Subcommittee Meeting to be held in midMay 2026.

Please do /05 include any images or protected documents.

We are in the process of modernizing our field uniforms so our responders can safely operate in the extreme heat and rugged conditions of our area. We wish to adopt a specialty shirt that members of our Emergency Operations Bureau have already tested and adopted. It is the Crye Precision G4 shirt with special wicking/cooling features and durable material. The cost is 220.90 per shirt and we have 29 deployable members.

Total with tax is 7014.68.
✔ 2025 2000.00
✔
✔
✔

MALIBU MOUNTAIN RESCUE TEAM, INC.
dba MALIBU SEARCH AND RESCUE
PO Box 1092 Agoura Hills CA 91376 • www.malibusar.org • 844.920.MSAR (6727) The Malibu Search and Rescue Team is a recognized non-profit 501(c)(3) organization. Federal ID Number: 95-3786532 City of Agoura Hills Grant Information Request
Percentage of revenue received that is used for administration, salaries and program costs:

Zero. We do not have any administration, salary or program costs as we are an all-volunteer organization with no paid employees.

Breakdown and description of organization’s sources of revenue:

Donations and grants are the primary sources of revenue.

Board of Directors - 2026
President: Neal Thornhill
[email protected]
818-730-1875
Treasurer: Dan Farrell
[email protected]
310-850-6539
Secretary: James Grasso
[email protected]
626-202-7636

MANNA CONEJO VALLEY FOOD DISTRIBUTION

Total
Revenue
4010 FOOD DONATIONS/DISTRIBUTIONS
4011 In-Kind Food Donations 78,402.50
4014 Food Distributions -79,938.75
4090 Food Inventory Adjustments -9,197.50
Total for 4010 FOOD DONATIONS/DISTRIBUTIONS -$10,733.75 4201 Individual Donations 51,283.00
4203 Gift Cards 0.00
4206 Corporate Donations 4,204.00
4207 Foundation Donations 2,669.00
Total for Revenue $47,422.25
Cost of Goods Sold
Inventory Shrinkage 0.00
Total for Cost of Goods Sold $0.00
Gross Profit $47,422.25
Expenditures
6000 OUTSIDE PROFESSIONAL SERVICES
6010 Accounting 2,040.00
6011 Payroll Service Fee 267.48
6016 Grant Writing 3,000.00
Total for 6000 OUTSIDE PROFESSIONAL SERVICES $5,307.48
6100 PERSONNEL EXPENSES
6110 Gross Wages 36,397.35
6112 Vacation Accrual Adjustment 1,296.00
6115 Health Insurance 4,033.19
6120 Payroll Tax Expense 2,945.65
6130 Workers Compensation Insurance 862.02
Total for 6100 PERSONNEL EXPENSES $45,534.21
6200 FACILITIES EXPENSES
6230 OAKVIEW DRIVE
6233 Utilities-Oakview 1,872.97
6234 Bldg Maintenance-Oakview 572.00
6235 Insurance-Oakview 60.83
6237 Property Tax-Oakview 109.83
6239 Mortgage Interest-Oakview 6,144.28
6240 Depreciation-Oakview 2,073.65
6241 Amortization-Oakview 98.00
Total for 6230 OAKVIEW DRIVE $10,931.56
Statement of Activity
Manna Conejo Valley Food Distribution Center, Inc.

March 1-April 21, 2026
Total for 6200 FACILITIES EXPENSES $10,931.56
6300 PROGRAM/OPERATIONS EXPENSES
6310 Warehouse Expenses 1,745.31
6312 Warehouse Equipment Rep/Maint. 775.00
6315 Vehicle Fuel/Maintenance 371.48
6317 Vehicle Insurance 851.03
6398 Depreciation-Vehicles 287.00
6399 Depreciation-Whs Equipment 24.75
Total for 6300 PROGRAM/OPERATIONS EXPENSES $4,054.57
6400 OTHER BUSINESS EXPENSES
6410 Advertising/Promotion 2,858.75
6415 D&O Insurance 61.77
6417 Office Supplies/Expense 802.29
6418 Telephone/Internet 394.82
6419 Postage & Delivery 156.00
6420 Dues, Subscription, Memberships 284.99
6422 Volunteer Appreciation 0.00
6430 Website Maintenance 89.95
6439 Fundraising Appeals 438.90
Total for 6400 OTHER BUSINESS EXPENSES $5,087.47
Total for Expenditures $70,915.29
Net Operating Revenue -$23,493.04
Other Revenue
7015 Interest Income 7.68
7018 Dividend Income 1,078.00
7020 Unrealized Gain/Loss 0.00
8900 In Kind Donations-Non Food
8910 In Kind Donations 0.00
Total for 8900 In Kind Donations-Non Food $0.00
Total for Other Revenue $1,085.68
Other Expenditures
9000 BALANCE SHEET BUDGETED ACTIVITY
9006 Food Purchases (Inventory) 1,132.83
9007 Food Purchases Contra -1,132.83
9015 Oakview Mortg Principal Pmt 2,836.81
9016 Oakview Mortg Principal Contra -2,836.81
Total for 9000 BALANCE SHEET BUDGETED ACTIVITY $0.00
Total for Other Expenditures $0.00
Net Other Revenue $1,085.68
Net Revenue -$22,407.36
Total
Assets
Current Assets
Bank Accounts
0000 Journal Entries 0.00
1005 Petty Cash -405.00
1010 PWB-Checking #7717 44,630.77
1011 PWB-Money Market #4724 35,537.36
1012 PWB-FB Fundraising #6799 50,000.00
1013 PWB-Construction Loan 5460 0.00
1014 PWB-Capital Campaign #1626 19,168.36
1015 PWB-Cash Sweep Savings #7240 613,564.52
1016 CWB-Money Market #4616 35,751.68
1017 PWB-Cash Sweep Savings #7995 21,150.11
1020 PayPal- General Account -12,630.07
1022 PayPal-Capital Campaign Account -1,750.26
1090 Edward Jones - MF 398,821.01
1091 Edward Jones - CD 0.00
1092 Edward Jones - Cash 246.18
1093 PWB CD 100,000.00
Total for Bank Accounts $1,304,084.66
Accounts Receivable
1100 Accounts Receivable 0.00
Total for Accounts Receivable $0.00
Other Current Assets
1199 Undeposited Funds 0.00
1220 Inventory-Gift Cards 7,657.47
1222 Inventory-Food 343,221.32
1280 Prepaid/Deferred Expenses 877.80
1280.1 Building Ins
1280.1.1 Crescent Way 0.00
1280.1.2 Oak View 4,959.47
Total for 1280.1 Building Ins $4,959.47
1280.2 D & O Insurance 123.55
1280.3 Auto Insurance
1280.3.1 Ford F350 3,040.58
1280.3.2 Toyota Sienna 5,331.76
Total for 1280.3 Auto Insurance $8,372.34
1280.4 Workers Comp Insurance 1,165.84
Statement of Financial Position 4/21/26
Manna Conejo Valley Food Distribution Center, Inc.

As of Apr 21, 2026
1280.5 Property Taxes 0.00
1280.5.1 Crescent Way 0.00
1280.5.2 Oak View 1,096.83
Total for 1280.5 Property Taxes $1,096.83
1280.6 Prepaid Taxes 2,147.94
Total for 1280 Prepaid/Deferred Expenses $18,743.77
1295 Marketable Securities 0.00
1299 Uncategorized Asset 0.00
Total for Other Current Assets $369,622.56
Total for Current Assets $1,673,707.22
Fixed Assets
1300 REAL PROPERTY
1310 Crescent Way Bldg & Land 0.00
1320 Oakview Drive-Bldg 686,763.70
1321 Oakview Drive-Land 171,145.60
1322 Oakview Drive-CIP Bldg. Impr. 3,245,346.94
1399 Accum. Depreciation-Real Property -286,271.65
Total for 1300 REAL PROPERTY $3,816,984.59
1400 OTHER PROPERTY
1430 Computer Software 6,850.00
1432 Computers & Peripherals 7,613.47
1435 Warehouse Equipment 63,822.84
1437 Vehicles 50,000.00
1499 Accum. Depreciation-Other Property -74,760.00
Total for 1400 OTHER PROPERTY $53,526.31
Total for Fixed Assets $3,870,510.90
Other Assets
1980 Deposits 9.61
1998 Oakview Appraisal and Loan Fees 24,479.75
1999 Suspense 0.00
Total for Other Assets $24,489.36
Total for Assets $5,568,707.48
Liabilities and Equity
Liabilities
Current Liabilities
Accounts Payable
2000 Accounts Payable 0.00
Total for Accounts Payable $0.00
Other Current Liabilities
2000.1 AP CONTRA 0.00
2010 Accrued Vacation Payable 13,668.00
2011 Payroll Tax Payable 0.00
2012 Accrued Payroll 0.00
2015 Accrued Expenses Payable 0.00
2100 Rent Deposits Held 1,750.00
2110 Mortgage Pbl (CP)-Crescent Way 0.00
2115 Mortgage Pbl (CP)-Oakview Dr. 0.00
Total for Other Current Liabilities $15,418.00
Total for Current Liabilities $15,418.00
Long-term Liabilities
2510 Mortgage Pbl (LTP)-Crescent Way 0.00
2515 Mortgage Pbl (LTP)-Oakview Dr. 0.00
2516 Mortgage Oakview 1,279,596.15
2517 PWB Solar Loan 0.00
Total for Long-term Liabilities $1,279,596.15
Total for Liabilities $1,295,014.15
Equity
3000 Opening Balance Equity 0.00
3005 Prior Year Adjustments -1,043.22
3010 Net Assets-Temp Restricted 616,244.74
3900 Net Assets-Unrestricted 3,680,899.17
Net Income -22,407.36
Total for Equity $4,273,693.33
Total for Liabilities and Equity $5,568,707.48
Accrual Basis Tuesday, April 21, 2026 03:15 PM GMT-07:00 EIN: 95-3413415
Mailing Address: PO Box 1114, Thousand Oaks, CA 91358
Physical Address: 95 N. Oakview Drive, Thousand Oaks, CA 91362 805-497-4959 I [email protected]
Revenue Ratio
• Gifts and Grants, 76%
• In-Kind, 24%
• Government Grants, 3%
Expense Ratio
• Administration: 11%
• Salaries: 21%
• Program Cost: 75%
繊量取S盛詰寄誓書盤
P.0.　Box　2ら08
Cinc主nnati OH　　4ら20l

MANNA CONEJO VALLEY FOOD
DISTRIBUT工ON CEN丁ER INC
PO BOX ll14
THOUSAND OAKS CA　　913ら8-Ol14
In reply refe「 to:　07ら22ら1765
Ma「. 04′　2020　　LTR　4168C O
9ら-3午1る亀1ら　　　000000　00
000525匂う
BODC:　TE
冨mployer ID number:　95-5415415
Fo「m　990　r臆equi「ed:　臆Yes
Deさい　丁axpaye「:

We‘re 「esponding to your∴requeSt dated Feb. 24, 2020, about you「 tax-eXemPt StatuS.

We issued you a determination letter in July 1979,∴「eCOgnizing you as tax-eXemPt unde「 Internal Revenue Code (IRC) Section　501(c) くる).

We also show youl「e not a p「ivate foundation as defined unde「　エRC Section　ら09(a) because you“「e desc「ibed in IRC Sections　ら09(a)(l) and 170(b)(1)(A)(Vi).

Donors can deduct contributions they make to you as provided in IRC Section 170. Youlre also qualified to receive tax deductible bequests’ 1egacies'　devises’ t「anSfers′　O「 gifts under IRC Sections　20ら5′　2106’ さnd　2522.

In the heading of this lette「′　We indicated whethe「 you must file an annual info「mation 「eturn. If you‘「e requi「ed to file a retu「n′　yOu must file one of the fol10Wing by the 15th day of the　5th month after the end of you「 annual accounting pe「iod:
-　Fo「m　990, Return of Organization Exempt From Income Tax 細　Form　990EZ, Sho「t Form Retu「n of Organization Exempt F「om Income 丁ax
-　Fo「m　990-N′　Electronic Notice (e-Postcard) for Tax-Exempt O「ganizat王ons Not Required to File Form　990　or Fo「m　990-EZ -　Form　990置PF′　Return of Private Foundat王on o「 Sect王on　4947(a)(1) Trust T「eated as Private Foundation
According to IRC Section　6033(j)’ if you donlt file a requi「ed annual 土nfo「mation 「etu「n or notice fo「∴3　consecut主ve yea「s′　Wel11 revoke your tax-eXemPt StatuS On the due date of the　3「d 「equired return o「 notice.

You can get IRS forms or publications you need f「om our∴Website at WWW。i「S.gOV/fo「ms置Pubs or by 。alling　800-TAX-FORM (800-829-5676).

If you have questionsJ Cal1 877-829-5500　between　8　a.m. and　5　p.m.’

MANY MANSIONS

2 Description of Community Services Provided
As the leading provider of affordable housing and supportive services in Ventura County, Many Mansions is committed to addressing the challenge of homelessness in the City of Agoura Hills and the surrounding Conejo Valley. Through its Supportive Services Program, Many Mansions aims to increase access to permanent housing while delivering services that promote stability, improved life skills and self-sufficiency, and enhanced community integration.

Program Design and Services
Many Mansions creates more than housing—it builds communities. The Supportive Services Program is designed to guide residents in their transition out of homelessness while facilitating long-term housing success and improved quality of life. On-site services are tailored to each community and provided free of charge to residents.

Core program elements include:
• Individual Case Management: Case Managers are the cornerstone of the program, delivering wraparound support through one-on-one counseling, service coordination, and intensive assistance as needed. Using evidence-based practices—such as traumainformed care and motivational interviewing—Case Managers help residents set personal goals and create individualized action plans to achieve them. • Life Skills Workshops: Monthly workshops focus on building practical skills and fostering independence. Topics include health and wellness, first aid, disaster preparedness, and household management. Residents also receive training to build economic resilience through budgeting, banking, and tax preparation. Health and wellbeing are routinely prioritized, with the spring 2025 Health Resource Fair serving over 100 individuals through screenings for diabetes, blood pressure, BMI, mental health, and vision. • Community Building Events: To reduce social isolation and promote support networks, Many Mansions staff host regular community-building activities such as property anniversaries, holiday celebrations, game nights, and coffee socials. Residents are encouraged to lead activities based on their interests (such as hobby demonstrations or arts and crafts), and resident councils provide structured opportunities to share input and shape programming. Together, these activities foster a sense of belonging and community. • Resource Referrals: Many Mansions partners with local organizations to expand residents' access to essential services. Partners include Harbor House, Lutheran Social Services, Ventura County Behavioral Health, and Ventura County Agency on Aging, among others.

These collaborations connect residents with mental health services, employment support, healthcare, and other critical resources.

Program Goals and Outcomes
Annual resident-focused outcomes include:
• 90% remain housed or exit to more independent housing • 90% obtain or retain mainstream benefits
• 75% maintain or increase their total income
• 75% complete and/or update a budget
3 • 75% pay their rent on time
• 75% establish 1-3 personal goals and show progress toward achieving those goals • 75% participate in life skills training, community volunteering, and/or social events By focusing on the most vulnerable members of the community, Many Mansions’ Supportive Services Program ensures residents not only remain stably housed but also build the skills and support systems needed to thrive.

Area(s) Served by Organization | Include Number of Agoura Hills Residents |Provide Description of Relationship Organization to Agoura Hills Residents:

Many Mansions has over 40 years of experience operating in the Greater Conejo Valley. Serving both Los Angeles and Ventura Counties, the organization has a deep understanding of the City of Agoura Hills and its unique place within the region.

Many Mansions currently serves over 2,000 economically disadvantaged individuals, including vulnerable groups like veterans, seniors, youth, people with disabilities, and those who have experienced chronic homelessness. Residents originate from the City of Agoura Hills, as well as Los Angeles County. After the launch of La Guadalupe in Boyle Heights this December, Many Mansions now provides affordable housing and wraparound services to more than 200 Angelenos across Los Angeles County—ensuring these highly vulnerable households have the tools and resources needed to build a brighter future.

Previous support from the City of Agoura Hills has had a measurable impact on Many Mansions Supportive Services residents, who continue to make progress towards outcome goals. The following 2025 results demonstrate the program’s effectiveness (see 2025 Report for more information):
• 98% of supportive service residents remain stably housed. • 90% have engaged with Case Managers to receive impactful wraparound services, including referrals and individualized care, demonstrating progress toward increasing wellness and self-determination.
• 85% have made advancements in reaching personal goals.

Continued funding will help to ensure this vulnerable population’s long-term success.

Funding Amount Requested:
$2,500
Proposed Use & Budget Plan for Grant Funds
A key element of Many Mansions’ growth strategy includes deepening its focus on the Supportive Service program. Funding will be allocated toward on-site supportive case management salaries and maintaining their best-in-class service ratios of approximately 20 clients per case manager.

By addressing the need for housing combined with the root causes of homelessness, Many Mansions helps to expand opportunities for those who need it most in the City of Agoura Hills and its surrounding communities.
4 Additional Documentation (Anything Else We Should Know About Your Organization?) Many Mansions is helping to increase access to affordable housing in the Conejo Valley by partnering with the City of Agoura Hills to provide consulting support on the inclusion of affordable units in the Regency Apartments development. This project consists of 250 units, with 30 designated as low-income housing and the remainder as market-rate housing. Leveraging the organization’s expertise as an affordable housing developer and property manager, Many Mansions will assist the City in drafting the regulatory agreement with the developer to ensure the long-term affordability of the 30 units. Additionally, Many Mansions will support the income qualification process for prospective residents and may assist with outreach to eligible applicants.

To address broader regional needs, Many Mansions is expanding its portfolio, with seven housing communities in active development across Southern California. Over the past year, the organization has opened three new communities: one serving low-income families in Camarillo, another serving vulnerable seniors in unincorporated Ventura County, and one serving chronically homeless individuals in Los Angeles County. During this same period, Many Mansions also began operating Thrive Grove, the first interim housing community in East Ventura County, providing critical housing and services for individuals experiencing homelessness.

Within the next few years, Many Mansions service population is expected to grow to serve 2,600 individuals. With support from the City, Many Mansions will continue to advance its mission to end homelessness and poverty throughout the region.

The following experience highlights Many Mansions’ impact on its resident population:
“The program is responsible for most of my success. Today I am happy, safe, independent, and secure. I believe in myself and have the ability to live well. I need consistent support to achieve my goals and have been able to do so with the help of Many Mansions’ staff. My Case Manager is my hero!” - Many Mansions Resident
ORGANIZATIONAL FUNDING FY 25-26
Many Mansions Top 5 sources of Organizational Funding Budget for the period of 7/1/25 to 6/30/26
Developer fees 2,663,617
Property rental revenue 2,172,951
Property cost reimbursements 2,502,552
Government grants 792,083
Property management fees 683,977
Total 8,815,180
Fundraising Revenue Sources
Individuals 608,400
Government grants 792,083
Foundation 461,160
Corporate 182,890
Total 2,044,533
Revenue used for the following expenses:

Administration 6%
Salaries 68%
Program costs 24%
In a competitive fundraising environment, Many Mansions sustains its programs through diversified funding, increased individual donations, and strong community visibility. The organization actively broadens support beyond a few large grants and has expanded its Resource Development team to manage these efforts.

As a real estate developer, Many Mansions also benefits from tax incentives, rental income, and developer fees, while incorporating environmentally sustainable building practices. These combined strategies allow the organization to supplement program funding as needed.

Many Mansions remains fiscally responsible and does not anticipate any operational or programmatic deficits at this time.

Many Mansions
Statement of Financial Position By Fund
As of December 31, 2025
Many Richmond Casa Bella La Peppertree D Street Casa Oxnard Eliminations Adjusted Mansions Terrace de Paz Vista Rahada Project Garcia Duplex Total Dr/(Cr) Total

CURRENT ASSETS
Cash and Cash Equivalents
Operating cash 1,048,182 3,279 194 9,001 367 11,538 396 34,147 21,836 1,128,940 1,128,940 Total Cash and Cash Equivalents 1,048,182 3,279 194 9,001 367 11,538 396 34,147 21,836 1,128,940 1,128,940 Accounts Receivable
Tenant rent receivable 1,928 105,079 29,712 2,809 6,410 24,291 16,444 106 186,779 186,779 Accounts receivable - other (Azure) 445,437 392 445,829 445,829 Interfund/affiliate receivable 1,545,591 1,545,591 (721,404) 824,187 Subsidy/grants receivable 26,890 17,927 44,817 44,817
Total Accounts Receivable 1,991,028 1,928 105,079 29,712 29,699 6,410 42,218 16,836 106 2,223,016 1,501,612 Prepaid expenses 356,250 3,881 4,107 36,604 712 955 753 1,160 249 404,671 404,671 Deferred developer fee 550,000 550,000 550,000
Advance for New Projects 4,605,224 - - - 4,605,224 4,605,224 TOTAL CURRENT ASSETS 8,550,684 9,088 109,380 75,317 30,778 18,903 43,367 52,143 22,191 8,911,851 8,190,447 Fixed Assets
Land & Improvement 500,000 852,922 293,659 4,749,571 1,005,404 471,515 381,071 389,443 200,000 8,843,585 (48,000) 8,795,585 Building 1,330,140 2,054,800 550,000 10,242,148 424,400 967,000 588,965 1,560,113 130,234 17,847,800 (224,000) 17,623,800 Building Improvements 1,870,000 2,987,637 930,287 3,660,267 874,768 1,304,097 1,133,974 - 84,437 12,845,467 12,845,467 Furniture and Equipment 501,324 236,918 117,565 641,693 32,551 24,501 39,205 36,382 1,630,139 1,630,139 4,201,464 6,132,277 1,891,511 19,293,679 2,337,123 2,767,113 2,143,215 1,985,938 414,671 41,166,991 40,894,991 Accumulated Depreciation (733,651) (2,680,207) (828,128) (6,230,853) (523,886) (623,373) (588,532) (272,260) (67,589) (12,548,479) (12,548,479) Total Fixed Assets 3,467,813 3,452,070 1,063,383 13,062,826 1,813,237 2,143,740 1,554,683 1,713,678 347,082 28,618,512 28,346,512 Other Assets
Advance for New Projects long term 1,119,950 1,119,950 1,119,950 Operating/Transition Reserve 12,171 265,034 27,173 70,435 71,762 446,575 446,575 Replacement Reserve 40,534 23,071 84,127 1,450 43,154 7,614 41,886 20,426 262,262 262,262 Supplemental COSR 11,043 11,043 11,043
Other Restricted Fund - properties 3,491 38,515 42,006 42,006 Endowment Fund 81,320 81,320 81,320
Scholarship Fund 295,326 295,326 295,326
Restricted Fund - MM resident fund 4,606 4,606 4,606
Deferred developer fee 3,835,441 3,835,441 (181,320) 3,654,121 Notes and interest receivable 13,780,735 13,780,735 (850,394) 12,930,341 Deposits & Investment in partnership 479,798 479,798 479,798 Right of use asset - Thrive Grove 15
Tenant security deposits - 9,041 3,317 73,564 2,165 3,723 918 18,871 1,222 112,821 112,821 Total Other Assets 19,597,191 61,746 29,879 461,240 30,788 128,355 80,294 60,757 21,648 20,471,898 19,440,169 TOTAL ASSETS $ 31,615,688 $ 3,522,904 $ 1,202,642 $ 13,599,383 $ 1,874,803 $ 2,290,998 $ 1,678,344 $ 1,826,578 $ 390,921 $ 58,002,261 (1,303,714) $ 55,977,128 Many Richmond Casa Bella La Peppertree D Street Casa Oxnard Eliminations Adjusted Mansions Terrace de Paz Vista Rahada Project Garcia Duplex Total Dr/(Cr) Total

LIABILITIES
Current Liabilities
Current maturities of LTD 62,216 256,471 9,238 4,387 $ 332,312 $ 332,312 Accounts payable 117,196 11,686 2,933 56,774 2,877 2,528 1,212 5,126 781 201,113 201,113 Accrued liabilities 976,997 5,331 5,546 32,924 1,793 4,718 3,090 2,053 1,199 1,033,651 1,033,651 Interfund/affiliate payable 265,457 146,980 237,132 55,733 2 16,096 3 1 721,404 721,404 - Notes payable - new projects 2,050,000 2,050,000 2,050,000 Deferred revenue/Prepaid rent - 1,165 (2,170) 6,488 400 3,173 48,629 240 - 57,925 57,925 TOTAL CURRENT LIABILITIES 3,144,193 345,855 153,289 589,789 60,803 10,421 69,027 16,660 6,368 4,396,405 3,675,001 Long-Term Debt
Bank Loans or Bonds Payable 1,000,000 592,502 5,308,485 624,761 1,870 7,527,618 7,527,618 Dept of HCD 2,438,576 346,381 3,400,000 1,191,345 1,951,820 940,954 10,269,076 10,269,076 MHSA Loan 786,653 223,937 666,390 1,676,980 1,676,980
HUD capital advance 1,122,000 1,122,000 1,122,000
City Loans 420,000 122,551 4,139,200 250,000 575,000 299,500 367,127 6,173,378 6,173,378 Other Loans(Sponsor & AHP) 500,000 - 120,000 80,000 350,394 1,050,394 850,394 200,000 Total Long-Term Debt 1,000,000 3,951,078 1,590,932 12,847,685 2,227,998 2,870,757 1,986,844 975,155 368,997 27,819,446 26,969,052 Other Liabilities
Accrued interest payable 1,802,949 247,179 4,043,898 1,020,568 832,559 791,675 191,255 8,930,083 8,930,083 Deferred developer fees/costs - 181,320 - 181,320 181,320 - Land Lease Liability 15
Tenant security deposits - 9,099 3,303 73,362 2,165 3,723 918 18,869 1,222 112,661 112,661 Total other liabilities 15 1,993,368 250,482 4,117,260 1,022,733 836,282 792,593 18,869 192,477 9,224,064 9,042,744 TOTAL LIABILITIES 4,144,208 6,290,301 1,994,703 17,554,734 3,311,534 3,717,460 2,848,464 1,010,684 567,842 41,439,915 39,686,797 Net assets - beginning of the year 29,125,204 (2,745,322) (793,765) (3,902,973) (1,365,104) (1,383,189) (1,113,486) 799,368 (170,083) 18,450,650 272,000 18,178,650 TOTAL NET ASSETS - BEGINNING 29,125,204 (2,745,322) (793,765) (3,902,973) (1,365,104) (1,383,189) (1,113,486) 799,368 (170,083) 18,450,650 18,178,650 Change in net assets
Change in net assets (1,653,724) (22,075) 1,704 (52,378) (71,627) (43,273) (56,634) 16,526 (6,838) (1,888,319) (1,888,319) Total Change in Net Assets (1,653,724) (22,075) 1,704 (52,378) (71,627) (43,273) (56,634) 16,526 (6,838) (1,888,319) (1,888,319) TOTAL NET ASSETS 27,471,480 (2,767,397) (792,061) (3,955,351) (1,436,731) (1,426,462) (1,170,120) 815,894 (176,921) 16,562,331 16,290,331 AL LIABILITIES AND NET ASSETS $ 31,615,688 $ 3,522,904 $ 1,202,642 $ 13,599,383 $ 1,874,803 $ 2,290,998 $ 1,678,344 $ 1,826,578 $ 390,921 $ 58,002,261 (1,303,714) $ 55,977,128 Many Mansions Statement of Activities by Fund
YTD ( 7/1/25 - 12/31/25)
Many Bella Richmond Casa La Peppertree D Casa Terry's Eliminations Adjusted Mansions Vista Terrace de Paz Rahada Street Garcia Place Total Dr/(Cr) Total Service Fees
Bookkeeping fees 74,888 74,888 12,270 62,618
Property management fees 408,553 408,553 75,399 333,154 Cash Flow from Properties - - -
Developer fees/Lease up fee 21,325 21,325 21,325
Service/Asset Mgmt/Partnership fees 60,750 60,750 60,750 Grants and Contracts
Government grants 249,893 - 17,809 7,868 - 16,628 14,357 - - 306,555 306,555 Private grants and contracts 530,309 530,309 530,309
Contributions
Donation revenue 384,197 384,197 384,197
Interest and dividends 17,926 12 - - - 97 - - - 18,035 18,035 Special events and fundraising 110,334 110,334 110,334
Rental Revenue
Revenue - properties 642,808 165,838 67,342 60,487 63,952 36,117 83,481 15,282 1,135,307 1,135,307 Property Reimbursements
Property cost reimbursements 1,506,222 - - - 1,506,222 263,015 1,243,207 TOTAL REVENUE 3,364,397 642,820 183,647 75,210 60,487 80,677 50,474 83,481 15,282 4,556,475 350,684 4,205,791 Expenses
Administrative Expenses - 61,627 26,883 15,120 11,375 16,786 12,424 9,293 1,781 155,289 (87,669) 67,620 Payroll Related Expenses
Salaries 3,666,614 90,118 38,587 24,687 13,981 22,801 15,681 6,207 3,703 3,882,379 (215,765) 3,666,614 Payroll taxes 268,390 6,594 2,839 2,024 989 1,984 1,310 464 256 284,850 (16,460) 268,390 Employee benefits 278,746 8,997 3,881 2,707 1,395 3,361 2,902 378 635 303,002 (24,256) 278,746 Workmans' compensation 52,661 2,327 1,213 907 411 875 568 109 124 59,195 (6,534) 52,661 Retirement Benefits 60,335 60,335 60,335
Third Party Services 153,168 153,168 153,168
Total Payroll Related Expenses 4,479,914 108,036 46,520 30,325 16,776 29,021 20,461 7,158 4,718 4,742,929 (263,015) 4,479,914 Many Bella Richmond Casa La Peppertree D Casa Terry's Eliminations Adjusted Mansions Vista Terrace de Paz Rahada Street Garcia Place Total Dr/(Cr) Total Interest
Loan or Bond interest 174,841 18,877 - - - - 19,455 199 213,372 - 213,372 Total Interest - 174,841 18,877 - - - - 19,455 199 213,372 213,372 Program services 147,040 147,040 - 147,040
Fundraising and special Events 71,266 71,266 - 71,266
Community & public relationship 2,296 2,296 2,296
Computer and network support 22,746 22,746 - 22,746
Staff and board development 16,722 16,722 - 16,722
Project feasibility expenses 7,000 7,000 7,000
Dues and subscriptions 29,834 29,834 - 29,834
Employee education & conferences 11,687 11,687 11,687
Equipment lease 9,140 9,140 - 9,140
Insurance 37,833 34,863 10,442 5,823 3,450 4,504 3,694 5,523 1,289 107,421 - 107,421 Organization expenses 400 400 400
Office supplies 30,976 30,976 - 30,976
Postage 2,048 2,048 2,048
Printing 2,595 2,595 2,595
Legal and professional 7,000 7,000 7,000
Property taxes, Licenses and Permits 200 200 200
Human resource expense 43,965 43,965 43,965
Repairs and maintenance 26,257 96,339 26,263 12,163 18,731 10,158 7,928 21,950 3,327 223,116 - 223,116 Telephone 31,313 31,313 31,313
Travel 31,628 31,628 - 31,628
Utilities 6,780 86,798 33,149 10,267 10,155 20,208 5,967 3,210 1,248 177,782 177,782 Total Operating Expenses 538,726 218,000 69,854 28,253 32,336 34,870 17,589 30,683 5,864 976,175 - 976,175 - - -
TOTAL EXPENSES 5,018,640 562,504 162,134 73,698 60,487 80,677 50,474 66,589 12,562 6,087,765 (350,684) 5,737,081 Net Operating Income (1,654,243) 80,316 21,513 1,513 - - - 16,892 2,720 (1,531,290) - (1,531,290) Capital Expenditures for MM - -
Principal Payment for Debt 40,125 28,545 - - - - 4,539 2,003 75,212 - 75,212 Debt Admin Fee - - -
Reserves 7,200 3,330 10,530 10,530
Total Other Payments - 47,325 28,545 - - - - 7,869 2,003 85,742 - 85,742 Net Cash Flow $ (1,654,243) $ 32,991 $ (7,032) $ 1,513 $ - $ - $ - $ 9,023 $ 717 $ (1,617,032) $ - $ (1,617,032)

MARIPOSA ELEMENTARY/CAPTnS

MARIPOSA’S CAPTNS MAIN SOURCES OF YEARLY REVENUE

FALL ANNUAL GIVING
GOAL: $190,000
Back to school night every August marks the launch of the Annual Giving campaign which runs for roughly eight weeks. All Mariposa families are encouraged to give a minimum of $750 per enrolled child. Annual Giving marks the bulk of CAPTnS revenue which in turn funds the following Mariposa programs: Nature Connection and Gardening Programs, Physical Education for grades, music for grades 1-8th, Waldorf Teacher Training and Curriculum, High Quality school supplies, our Handwork Curriculum and materials.

WINTER FAIRE
2024 Amount Raised: $24,819
Generally in February, Mariposa’s Winter Faire is a Waldorf-based community gathering for which CAPTnS sells tickets, food, and donated goods. Held on Mariposa’s campus, attendees can participate in a variety of carnival games and crafts. All-access presale wristbands are $45 per person or $50 per person at the gate. General admission is free, but attendees can purchase tickets at $1 per ticket to participate in game and ride booths. Winter Faire is open to the Agoura Hills community.

SPRING EAGLE CHASE JOG-A-THON
GOAL: $50,000
Mariposa’s version of a fun run, Eagle Chase, is held annually in every spring. Students and their families are encouraged to set up an individual pledge page via Pledgestar, which CAPTnS pays to host the Eagle Chase campaign. Student goals were set at $250 or $550 per student. Students are then encouraged to ask friends, family and members of the community to sponsor their run. The CAPTnS also reaches out to local businesses for corporate sponsorship to supplement a portion of the Eagle Chase goal in exchange for promoting said businesses to the Mariposa community. This year corporate sponsorships were set at $350 or $750 per business.

NEW WEST SYMPHONY
i
City of Agoura Hills
Community Outreach Grant Program AGfflILLS
Organization Name: New West Symphony Association
Organization Address: (Must be Local): 2'l00 E Thousand OakS BIVd,Su![e D, Thousand Oak% i
Grant Representative Contact
Name: Janet Young
Address: Same as above
Phone: (805) 497-5800
Description of Community Services Provrded: See attached.

List Area(s) Served by Organization lInclude Number of Agoura Hills Residents l Provide Description of Relationship Organization to Agoura Hills Residents:

See attached.

Fund Amount Requested: $5iOoo
Proposed Use and Budget Plan for Grant Funds: (Include details) See attached
AGfflLLS
g
Have You Received Grant Funding From the City of Agoura Hills in the Past?:

YES [ZI NO € if Yes: Year Received? 2025 Amount:

Additional Documentation: (Anything else we should know about your organization?) See attached.

Supplemental Documentation Checklist:

Q501(c)(3) paperwork proof of status- (ifyou are a NEW applicant, please include ByLaws/Articles ofIncorporation.) []IrnecceolmVeeds:hataetm1seunsteadnfdorbaaldamnclnel.sshtreae:1.Ofonrs [Z]Breakdownanddescriptionoforganization'ssources(s)ofrevenue. € I would like to attend the Finance Subcommittee Meeting to be held in mid-May 2026.

Please do NOT include any images or protected documents. 1 GRANT RESPONSES FOR CITY OF AGOURA HILLS

COMMUNITY OUTREACH GRANT PROGRAM
Description of Community Services Provided:

Now in its 31st year of service, New West Symphony is a leading cultural institution dedicated to enriching the Conejo Valley and neighboring communities, including Agoura Hills, through high-quality live symphonic music. Founded in 1995, the Symphony has grown into a vibrant professional orchestra that welcomes broad and diverse audiences to experience the power of orchestral performance. Under the artistic leadership of Grammy Award–winning conductor Michael Christie, New West Symphony presents a six-concert season annually in Thousand Oaks, serving residents throughout the region.

At the heart of New West Symphony’s work is a commitment to artistic integrity, accessibility, and community connection. The organization strives to present performances of exceptional caliber featuring renowned guest artists, while ensuring that live symphonic music remains welcoming and accessible to audiences of all backgrounds. Alongside a strong respect for classical tradition, the Symphony embraces innovation and industry best practices to remain responsive to evolving community needs. Responsible financial stewardship underpins these efforts, supporting long-term organizational sustainability and continued public service.

Education and community engagement are central to New West Symphony’s mission. Through a wide range of educational initiatives, the Symphony introduces young people to orchestral music and supports music learning for students, educators, families, and lifelong learners. In addition, Symphony musicians actively participate in outreach activities throughout the year, including performances, workshops, clinics, and masterclasses at schools, festivals, and community events. These programs deepen community relationships and extend the impact of live music well beyond the concert hall.

List Area(s) Served by Organization | Include Number of Agoura Hills Residents | Provide Description of Relationship Organization to Agoura Hills Residents:

New West Symphony is a resident company of the Bank of America Performing Arts Center in Thousand Oaks, just a short distance from Agoura Hills. We provide live concerts, educational programs that are easily accessible for residents of Agoura Hills. A total of 350 tickets to our performances were purchased by Agoura Hills residents during 2025 and anticipate the same level of participation this coming year.

Proposed Use and Budget Plan for Grant Funds: (Include details) 2 Grant funding from the City of Agoura Hills will be utilized to help support our Symphonic Adventures program. Symphonic Adventures is a curriculum-based music education initiative designed to introduce third through fifth grade students—and their families—to the orchestra through structured classroom learning paired with shared concert experiences. Rather than centering on a single, student only performance as we have done in the past, the program will integrate educational curriculum with attendance at specially chosen New West Symphony concerts presented at the Bank of America Performing Arts Center. This addresses a need we have recognized – to provide additional community engagement and educational opportunities for students and their families in our community.

Classroom Study
The foundation of Symphonic Adventures is a comprehensive set of standards aligned educational study guides developed specifically for elementary students and their teachers.

These materials are distributed in advance of concerts and include age-appropriate lessons, vocabulary, listening guides, and pre- and post-concert activities that connect musical concepts to broader learning objectives. The curriculum aligns with the California Education Standards in Music and emphasizes the four artistic processes of creating, performing, responding, and connecting, ensuring that students are prepared to actively and meaningfully engage with live orchestral music.

Live Concert Experiences
Students and their families are then provided access to New West Symphony’s world-class concerts selected to align with the Symphonic Adventures curriculum. By attending these designated performances together students can apply what they have learned in the classroom while sharing the live concert experience with their families. This approach reinforces learning through exposure to classical music, while also fostering family engagement, community engagement, and expanding access to cultural experiences within the Thousand Oaks community. All concerts take place at the Bank of America Performing Arts Center.

Following concert attendance, students participate in guided reflection and assessment activities led by their teachers. These post-concert activities encourage students to articulate their observations, respond creatively to the music, and connect the concert experience to classroom learning. Teachers are also invited to provide feedback through evaluations that assess student engagement, curriculum alignment, and overall educational impact, supporting continuous improvement of the program.

Budget Plan
Detailed below is the budget for Symphonic Adventures:

Itemized Expenses Amount
Project Material, Supplies, Equipment $11,000
Office Space, Rent, Utilities $16,000
Project Personnel, Salaries, Professional Fees $49,500
(Orchestra, Conductor)
3 Publicity, Outreach, Events $ 3,500
Conferences, Travel $ 2,000
Capital Items $ 2,500
Total Expenses $84,500
Projected Revenue
Individual Donations $ 9,000
Corporate and Foundation Grants $ 43,000
Fund A Need Fundraiser $ 11,500
Total Projected Revenue $63,500
Additional Documentation: (Anything else we should know about your organization?) Research shows that attending symphony concerts can significantly benefit 3rd to 5th graders by enhancing cognitive skills, emotional well-being, and social behavior. Music education has been linked to improved academic performance, including higher SAT scores, and fosters emotional regulation and social skills. Specifically, music education has been shown to:

Enhance cognitive development: Research shows that listening to classical music activates parts of the brain linked to problem-solving and reasoning, which are essential skills in subjects like math and science. This phenomenon, known as "The Mozart Effect," has led to further studies on how classical music supports children's brain development Improve listening skills and concentration: Classical music's rich variations in tempo, harmony, and dynamics create a unique auditory experience. When listening, children are encouraged to focus and identify familiar melodies and rhythms, strengthening their concentration and auditory processing skills.

Foster emotional development: Classical music provides children with a safe space to explore and express emotions. By listening to different pieces, they learn to identify feelings in the music and relate them to their own experiences. This connection can foster empathy, as children begin to understand and respond to the emotions conveyed by the composer and musicians.

Research indicates that third grade is generally considered a good age to start introducing children to classical music, as it's a time when they are developmentally ready to absorb new concepts and are often curious about different types of music, making it a great time to cultivate a potential lifelong interest in classical music; early exposure is key to learning and appreciation.
4 New West Symphony is a professional symphonic organization in Thousand Oaks that introduces elementary age students to orchestral instruments through interactive concerts.

Music education in our community remains somewhat limited. While there is some music instruction in middle and high schools, the band and orchestra directors share with us that recruitment should ideally start in elementary school, and that introductions to orchestra instruments and experiences are vital.

At best, elementary age students receive 30 minutes of music instruction every week. Though there are some before/after school opportunities, they usually require a fee, and participation is limited. The need exists to bring quality education programs to local area schools, and to advocate for the inclusion of music in school curriculum. New West Symphony is uniquely positioned with its education programs to partner with local elementary schools to enhance the music offerings for 3rd-5th grade students. The impact of hearing a live orchestra through Symphonic Adventures, or being exposed to and learning a music instrument, are immeasurable.

Supplemental Documentation Checklist:
501(c)(3) paperwork proof of status (if you are an applicant, please include Bylaws/Articles of Incorporation.) Attached
Income statement and balance sheet for current year. Include document indicating percentage of revenue received that is used for administration, salaries and program costs.

Breakdown and description of organization's sources(s) of revenue. Attached .

NEW WEST SYMPHONY

REVENUE PERCENTAGES

FOR PROGRAM COSTS, ADMINISTRATION, SALARIES
Calendar Year 2026
• Program Costs: 53%
• Administration: 25%
• Salaries: 22%
Total: 100%

BREAKDOWN AND DESCRIPTION OF SOURCES OF REVENUE
Calendar Year 2026
• Concert Program Income: 43%
• Annual Fund: 27%
• Grant Income: 15%
• Harmony Project: 10%
• Sponsorships: 5%
Total: 100%
Balance Sheet
New West Symphony
As of February 28, 2026
Account Feb 28, 2026
Assets
Current Assets
Cash and Cash Equivalents
Bill.com Money Out Clearing 6,591.77
Montecito Bank - General - 6072 340.47
Petty Cash 74.11
Total Cash and Cash Equivalents 7,006.35
Accounts Receivable 126,029.96
Beneficial Interest in VCCF 497,270.02
Impairment on Investment (196,277.00)
Investment 196,277.00
Long Term Pledges Receivable - audit act (23,850.00)
Prepaid Expenses - Performances 32,947.68
Prepaid Insurance 1,315.26
Total Current Assets 640,719.27
Fixed Assets
Accumulated Depreciation (158,057.00)
Book Library 508.00
Equipment 70,002.94
Music Library 2,227.93
Musical Instruments 102,043.36
Software 4,243.00
Vehicle 32,711.29
Total Fixed Assets 53,679.52
Total Assets 694,398.79
Liabilities and Equity
Liabilities
Current Liabilities
Accounts Payable 193,183.58
Accounts Payable - audit acct 15,200.00
Accrued Loan Interest 14,003.08
ASCAP Payment Plan 23,569.86
BMI - Payment Plan 572.06
BoA Credit Card - 6425 44.78
Deferred Revenue - 2026 165,513.80
East West Bank - General 8,384.93
East West Bank - Payroll 28,297.01
Insane Impact 1,590.00
Loans from Donors 610.00
Loans-Direct from Board Members 18,252.00
MechanicsBank/Rabobank CC 7,194.75
Payroll Tax clearing (5,228.20)
Payroll Withholdings Payable (1,661.02)
Vacation Accrual 36,977.21
Withheld 403(b) 2,249.95
Total Current Liabilities 508,753.79
Long Term Liabilities
Payroll Clearing 2,501.26
SBA EIDL Loan Payable 149,359.00
SBA Loan Payable - Thomas Fire 234,364.10
Union Dues 8,164.84
Total Long Term Liabilities 394,389.20
Total Liabilities 903,142.99
Equity
Current Year Earnings (149,576.31)
Fund Balance-Restricted 490,242.01
Fund Balance-Temp Restricted 181,271.00
Fund Balance-Unrestricted (612,495.31)
Retained Earnings (118,185.59)
Total Equity (208,744.20)
Total Liabilities and Equity 694,398.79
Income Statement (Profit and Loss)
New West Symphony
For the month ended February 28, 2026
Account Feb 2026
Income
CI - Annual Fund 95,079.41
EI - CPI - Other Concert Income 4,426.00
Total Income 99,505.41
Gross Profit 99,505.41
Operating Expenses
Admin - Insurance 6,128.54
Admin - Insurance- Workers' Compensation 11,834.04
Admin - Professional Services 3,930.00
Admin - Professional Services -Legal 712.50
Admin- Facilities -Rent 507.00
Admin- Int&Fees - Merchant Fees 524.69
Admin-Int&Fees-Credit Card Fees & Interest 107.00
Admin-Int&Fees-Interest & Bank Fees 782.32
Admin-Int&Fees-Payroll Service Fees 1,154.26
Admin-Office Op-Equipment Expense 508.16
Admin-Office Op-Postage & Shipping 20.00
Admin-Office Op-Supplies & Printing 239.80
Admin-Office Op-Telephone 428.50
CEP- HP - Payroll taxes 780.58
CEP- HP- Teaching Artist Wages 5,946.48
CO - Concert Wages & Salaries 3,220.04
CO - EQUIP&CART - Cartage 655.00
CO - EQUIP&CART - Instrument Rental 3,880.63
CO - Facilities - Concert Hall 930.87
CO - Music Director - Wages 4,166.67
CO - Music Library - Wages 674.54
CO - Orchestra - H & W (4,865.02)
CO - Orchestra - Independent Contractors 7,637.45
Dev&Mktg - Dev - Consultant Fees 4,435.84
Dev&Mktg - Dev - Grant Writing 4,500.00
Dev&Mktg - Development 5,439.80
Dev&Mktg - Mktg - Human Resources 1,200.00
Dev&Mktg - Mktg - Marketing 11,891.59
SC - PR Taxes - Admin 3,504.14
SC - Staff Compensation 34,865.97
Uncategorized Expense 1,350.00
Total Operating Expenses 117,091.39
Operating Income (17,585.98)
Net Income (17,585.98)

ONEgeneration
City of Agoura Hills
Community Outreach Grant Program
Organization Name: _O_N_E_g.;;;._
e_
n_
e_
r _
a _
tio_
n ________________ _
Organization Address: (Must be Local): 17400 Victory Blvd., Van Nuys, CA 91406 (Serving Agoura Hills) Grant Representative Contact
Name: Jenna Hauss
Phone: 818-708-6610
Address: 17400 Victory Blvd., Van Nuys, CA 91406
Description of Community Services Provided: ONEgeneration's services include energy and water conservation services that directly serve residents throughout the City and County of Los Angeles, as well as Ventura County and the City of Agoura Hills. Through our programs, we assist older adults, families, and caregivers by connecting them to a variety of safety net services including nutrition, transportation, in-home care benefits enrollment assistance, and Adult Day Care. Our and water conservation programs have allowed our fastest-growing and most vulnerable population receive direct access to easy and affordable ways to electrify local homes, reduce water usage, conserve energy, and apply for energy efficient rebates, and utility assistance programs. We serve over 10,000 individuals each year and leverage trusted relationships to connect residents with resources that allow them to live a more sustainable life.

List Area(s) Served by Organization I Include Number of Agoura Hills Residents I Provide Description of Relationship Organization to Agoura Hills Residents:

ONEgeneration currently provides nutrition services through LA County's Elderly Nutrition Program for dedicated regions within the San Fernando Valley, including the City of San Fernando, Calabasas, and Agoura Hills.

Specifically, we provide congregate, home-delivered and emergency meals, as well as telephone monitoring calls to over 150 older adults daily. We deliver over 20 meals, 5 days a week specifically to Agoura Hills residents, including frozen meals for the weekend. In addition, we also provide energy and water conservation education and utility assistance through this program to our homebound seniors and other residents throughout Agoura Hills. Our community outreach team also conduct ongoing outreach and education, as well as benefits enrollment support (CalFresh, Medkal, etc.) to all residents in Agoura Hills.

Fund Amount Requested:
_
$_5_,o_o_o __________ _

ONEgeneration
2026 2025 Variance 2026 2025 Variance

CASH REVENUE
Fees - Childcare (includes TK) $ 249,018 $ 281,611 $ (32,593) $ 1,922,150 $ 1,957,343 $ (35,193) Fees - Adult Daycare 43,048 40,550 2,498 352,357 353,752 (1,394) Fees - Veterans Administration 7,522 3,895 3,627 66,247 46,265 19,982 Fees - Enhanced Case Management 18,510 19,371 (861) 169,861 166,717 3,144 Grants - Government * 919,658 418,621 501,037 5,443,677 4,633,247 810,430 Grandparents as Parents - Revenues 10,000 10,000 - 80,000 70,200 9,800 Grants - Restricted/Unrestricted ** 14,084 124,500 (110,416) 967,426 976,587 (9,161) General Fund Raising 6,894 119,837 (112,943) 138,704 219,496 (80,793) Major Gifts / Grants ** - 230,000 (230,000) 235,500 829,010 (593,510) Fundraising - Events (net of costs) 1,000 18,050 (17,050) 29,022 45,457 (16,435) Program Donations 12,428 11,839 589 142,424 125,610 16,814 Farmers Market 19,207 19,779 (572) 171,138 165,906 5,231 Rental 15,444 5,696 9,748 134,652 145,476 (10,825)
Travel Revenue (net of costs) - - - - 400 (400)
Gain on Extinguishment PPP Loan - - - - - -
Misc-CC Lunchs/Consult. 52,404 30,366 22,038 267,552 236,239 31,313 TOTAL CASH REVENUE 1,369,217 1,334,116 35,101 10,120,709 9,971,706 149,003

EXPENDITURES

CASH EXPENDITURES
Wages and Benefits 861,073 788,487 72,585 6,778,810 6,453,129 325,681 Prof. Services/Contractors 35,812 25,151 10,660 292,078 299,185 (7,107) Supplies 6,743 3,440 3,303 132,630 172,681 (40,051)
Food & Nutrition 116,175 155,590 (39,415) 918,958 1,296,204 (377,246) Transportation 16,898 12,253 4,646 128,647 132,559 (3,911) Other 8,612 1,871 6,741 79,964 80,517 (553)
Admin/Finance 40,125 36,806 3,318 157,724 128,565 29,158 Marketing 1,104 3,130 (2,026) 32,634 33,633 (1,000)
Fund Development - 35 (35) 21,277 24,985 (3,708)
Facilities 71,096 41,872 29,225 466,881 412,952 53,929
Program Tenant Rent Subsidies LA ADU 42,218 23,591 18,627 337,744 226,430 111,314 Human Resources 15,520 3,771 11,749 50,691 49,224 1,467 Information Technology 9,974 4,543 5,432 166,064 156,829 9,235 TOTAL CASH EXPENDITURES 1,225,349 1,100,538 124,810 9,564,102 9,466,894 97,208

EXCESS OF CASH REVENUE OVER EXPENDITURES 143,868 233,577 (89,709) 556,607 504,813 51,795

NET NON CASH REVENUE/EXPENDITURES
Depreciation (55,000) (40,000) (15,000) (380,000) (320,000) (60,000) DOA - Indirect income 44,190 36,047 8,143 421,415 327,408 94,007 DOA - Indirect expenditures (44,190) (36,047) (8,143) (421,415) (307,870) (113,544) DOA - Matching income 45,867 46,404 (537) 305,461 391,095 (85,634) DOA - Matching expenditures (45,867) (46,404) 537 (305,461) (391,095) 85,634 TOTAL NON CASH REVENUE/EXPENDITURES (55,000) (40,000) (15,000) (380,000) (300,463) (79,537) EXCESS OF REV OVER EXPENDITURES $ 88,868 $ 193,577 $ (104,709) $ 176,607 $ 204,350 $ (27,743) ** Foundation Grants and Other Donations: total Current Year $1,307.1k versus total Prior Year $1,648.36k.

INCOME STATEMENT
(Internal - Preliminary - Unaudited)
February Year to Date - February
* Grants - Government includes $261,625 from City Los Angeles CIFD funded OSEC improvement award, A/C and Heating Replacement contracted 09/2025, plus LA City CIFD OSEC improvement perimeter fencing project $424,680 contracted 02/2026.

28-Feb 28-Feb
2026 2025 Variance
ASSETS
Cash and Cash Equivalents
Cash - Operating Accounts $ 428,433 $ 523,906 $ (95,473) Cash - Board Designated (Operating Reserve) - - -
Cash - Childcare Expansion 3,236,879 3,603,795 (366,916) Short Term Investments / CDs (Operating Reserve) 1,311,368 1,262,310 49,058 Unemployment Cash Reserve 61,964 63,576 (1,612)
Total Cash and Cash Equivalents 5,038,644 5,453,587 (414,943) Grants Receivable 2,215,345 1,501,833 713,512
Medi-Cal receivable 9,924 15,349 (5,425)
Other Receivables 102,112 114,054 (11,942)
Total Receivable 2,327,381 1,631,236 696,145
Less Allowance for Doubtful Accounts - (200) 200
Net Receivable 2,327,381 1,631,036 696,345
Prepaid Expenses/Deposits 41,255 23,528 17,727
Total Prepaid Expenses 41,255 23,528 17,727
Fixed Operating Assets
Building 2,181,000 2,181,000 -
Building Improvements 4,097,978 3,319,817 778,161
Furniture, Fixtures & Equipment 2,093,917 1,988,951 104,966 Vehicles 1,140,506 973,517 166,989
Construction in Progress 925,401 1,134,084 (208,683)
Total Fixed Operating Assets 10,438,802 9,597,369 841,433 Accumulated Depreciation (5,817,221) (5,113,631) (703,590) Total Fixed Operating Assets 4,621,581 4,483,738 137,843 Total ASSETS $ 12,028,861 $ 11,591,888 $ 436,973

LIABILITIES
Payables & Accrued Expenses
Accounts Payable $ 101,724 $ 91,956 $ 9,768
Loans Payable 2,094,227 1,620,439 473,788
Discount of Loan Payable (2,607) (6,518) 3,911
Unemployment Claims Reserve 44,467 37,891 6,576
Other Accrued Expenses 42,499 26,700 15,799
Accrued Wages/Vacation Payable 460,101 405,018 55,083
Payroll Taxes & Benefits Payable 30,955 27,584 3,371
Deferred Revenues - Childare Expansion 3,236,879 3,511,047 (274,168) Total Payables & Accrued Expenses 6,008,245 5,714,117 294,128 Total LIABILITIES 6,008,245 5,714,117 294,128

NET ASSETS -
Unrestricted Undesignated Net Assets
Unrestricted Undesignated Net Assets - Beginning 5,844,009 5,673,422 170,587 Surplus (Deficiency) of Support over Expenses 176,607 204,350 (27,742) Total Surplus/(Deficiency) of Support over Expenses 6,020,616 5,877,771 142,845 Total NET ASSETS 6,020,616 5,877,771 142,845
TOTAL LIABILITIES AND NET ASSETS $ 12,028,861 $ 11,591,888 $ 436,973 ONEgeneration
Balance Sheet
(Internal - Preliminary - Unaudited)

funding group Account Description $ balance
A. FOUNDATION GRANTS CONTRIBUTIONS RESTRICTED $ 1,604,334 MAJOR GIFTS/GRANTS $ 372,510
TOTAL $ $ 1,976,844
TOT % TO GRAND TOT REVENUES 11.54%
ROUNDED TO FULL % 12.00%
B. INDIVIDUAL CONTRIBUTIONS ENRICHING LIVES - CONTRIB $ 72 CONTRIBUTIONS / DONATIONS $ 172,504
PROGRAM INCOME $ 136,896
TOTAL $ $ 309,472
TOT % TO GRAND TOT REVENUES 1.81%
ROUNDED TO FULL % 2.00%
C. GOVERNMENT FUNDING GRANTS - GOVERNMENT $ 8,204,692
TOT % TO GRAND TOT REVENUES 47.89%
ROUNDED TO FULL % 48.00%
D. IN-KIND CONTRIBUTIONS IN-KIND INCOME $ 1,110,048
TOT % TO GRAND TOT REVENUES 6.48%
ROUNDED TO FULL % 6.00%
E. FUNDRAISING OSEC - SR SYMPOSIUM $ 58,335
GALA EVENT - INCOME $ 92,872
TOTAL $ $ 151,207
TOT % TO GRAND TOT REVENUES 0.88%
ROUNDED TO FULL % 1.00%
F. EARNED INCOME DAYCARE FEES $ 2,612,595
Child Care Fitness $ 108,375
DAYCARE FEES - TK $ 978,597
TOTAL $ $ 3,699,567
TOT % TO GRAND TOT REVENUES 21.59%
ROUNDED TO FULL % 21.00%
G. OTHER SOURCES RENTAL $ 199,128
INTEREST $ 160,715
NEWSLETTER / ADVERTISING $ 5,040
MEALS ON WHEELS $ -
INDIRECT INCOME $ 629,874
SENIOR PROGRAMS $ 81,276
CHILD CARE LUNCHES $ -
SHARE CARE MANAGEMENT $ 236,875
OSEC MEMBERSHIP $ 29,743
OTHER INCOME $ 82,766
GROWERS & VENDORS $ 248,002
BAGELS, BOOKS, ROBERTA'S STORE $ 7,003
TOTAL $ $ 1,680,422
TOT % TO GRAND TOT REVENUES 9.81%
ROUNDED TO FULL % 10.00%
H. GRANT TOTAL REVENUES $ 17,132,252
100.00%
VALIDITY TEST 100.00%
I. PROGRAM / ADMINISTRATION / FUND RAISING ALLOCATIONS
PROGRAM TOT FROM AUDITED F/S, PAGE 6, STATEMENT OF FUNCTIONAL $ 15,198,931 89.71% ADMIN TOT FROM AUDITED F/S, PAGE 6, STATEMENT OF FUNCTIONAL $ 1,698,199 10.02% FUND DEV TOT FROM AUDITED F/S, PAGE 6, STATEMENT OF FUNCTIONAL $ 45,681 0.27% TOTAL EXPENSES $ 16,942,811 100.00%
ONEgeneration Distribution of Funding Types, per FYE2025 ending audited financials, City of Agoura Hills

SANTA MONICA MOUNTAINS FIRE SAFE COUNCIL
Organization Name: Santa Monica Mountains Fire Safe Council Organization Address: (Must be Local): 942 Las Virgenes Rd, Calabasas 91302 Grant Representative Contact:

Name: Danielle Picciano Phone: 818-518-0454
Address: 11936 Chandler Blvd, Valley Village 91607 Apt 1 Description of Community Services Provided:

The mission of the Santa Monica Mountains Fire Safe Council (SMMFSC) is to promote wildfire safety and community resilience in the communities of the Santa Monica Mountains through education, technical support, subject matter expertise, and community driven action plans. We do so through various initiatives such as our Home Ignition Zone Evaluation Program, Community Workday Program, Community Buffer Program, FireWise and Fire Safe Council support meetings, community based grant acquisition and year round educational events.

List Area(s) Served by Organization | Include Number of Agoura Hills Residents | Provide Description of Relationship Organization to Agoura Hills Residents:

SMMFSC serves the region of the Santa Monica Mountains including the cities of Agoura Hills, Westlake Village, Calabasas, Topnga, Malibu, Pacific Palisades and unincorporated zones. We are the regional fire safe council for the ~ 20,000 residents of Agoura Hills and directly support the efforts of Agoura Hills Fire Safe Council, FireWise communities, and individual residents through our programing. We are also a key working group member and grant holder for the Agoura Hills CWPP.

Fund Amount Requested: $1,700.00
Proposed Use and Budget Plan for Grant Funds: (Include details) Funds will be used to acquire dumpsters for two Community Workday Program events for the Firewise communities of Agoura Hills. Peter Fehler, the president of the Agoura Hills Fire Safe Council has agreed to work with SMMFSC to coordinate these events with two eligible Firewise communities. Community Workdays help Firewise neighborhoods accomplish goals defined within their three year plan, lower ignition risk through coordinated on the ground mitigation work and provide robust community education. Workdays enhance community knowledge of home hardening and defensible space through in person demonstrations and help communities create stronger emergency preparedness and response networks. SMMFSC will facilitate these workdays alongside the Agoura Hills FSC and designated Firewise leaders by helping to organize, outreach and plan event logistics. SMMFSC will provide tools, outreach materials and help coordinate dumpster drop off and pick up. Workday activities include an educational talk, removal of hazardous vegetation from zone 0 and zone 1, limbing up trees and shrubs, removal of dry debris, breaking up fuel continuity between neighbors as well as a 1/16th mesh vent screening DIY installation demonstration. Dumpsters are typically the biggest cost hurdle that communities face when planning a workday, therefore funding will both encourage and fast track community wildfire preparedness within Agoura Hills.

Budget outline:
10 yard capacity dumpster fee drop off and disposal - $850.00 10 yard capacity dumpster fee drop off and disposal - $850.00 Total: $1,700.00
Have You Received Grant Funding From the City of Agoura Hills in the Past?:

YES_______ NO__X__ If Yes: Year Received? ____________ Amount: ________ Additional Documentation: (Anything else we should know about your organization?) The Santa Monica Mountain’s Fire Safe Council has had great success putting on these events in Topanga, Westlake Village and are in the process of planning a workday for Seminole Springs.

Supplemental Documentation Checklist:
501(c)(3) paperwork proof of status- (if you are a NEW applicant, please include ByLaws/Articles of Incorporation.)
Income statement and balance sheet for current year. Include document indicating percentage of revenue received that is used for administration, salaries and program costs.

Breakdown and description of organization's sources(s) of revenue.

I would like to attend the Finance Subcommittee Meeting to be held in mid-May 2026.

Please do NOT include any images or protected documents.

Certification
I certify on behalf of (name of organization), that I have read, understand, and agree that the aforesaid information is accurate, factual, and correct. I understand that award of funds if granted, will be only for the use as reflected in the attached Application Form.

I am aware of and certify that our organization will adhere to all City regulations regarding the 2026-2027 Community Outreach Grant Program; including, but not limited to, maintaining non-discriminatory policies, practices, and intent. I also, on behalf of our organization, indemnify, defend, and hold harmless the City of Agoura Hills, its elected officials, and employees relative to any and all liability that may arise as a result of the receipt and use of the City of Agoura Hills Community Outreach Grant Program monies.

Signature: Pauline Allen Date: 4/23/26
(Executive Director of Designee)
Signature: Jerry Vandermeulen Date: 04/23/2026
Officer of Board of Directors (If Applicable)
Balance Sheet (Fiscal Year-to-date)
July 2025 - March 2026
Name Jul '25 - Mar '26 Jul '24 - Mar '25
- -
- -
- -
- -
$24,804 $65,985
- $29,305
$77,051 $59,634
$30 $30
$101,886 $154,955
$101,886 $154,955
- -
-$27 $96
-$52,104 -
-$52,132 $96
$49,753 $155,051
$49,753 $155,051
- -
- -
- -
- -
$718 -
$718 -
- -
$3,566 -
$3,566 -
- -
- -
$10,124 $37,241
$10,124 $37,241
- -
-$4,452 $31,662
ASSETS
Current Assets
Bank Accounts
1020 Southland Credit Union
1020.1 Business Checking
1020.2 Agoura Hills CWPP
1020.3 Outreach Advance
1020.99 Southland Savings
Total 1020 Southland Credit Union
Total Bank Accounts
Other Current Assets
1210 Wix Clearing Account
Uncategorized Asset
Total Other Current Assets
Total Current Assets

TOTAL ASSETS

LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts Payable
2000 Accounts Payable (A/P)
Total Accounts Payable
Credit Cards
2100 Ramp Credit Card
Total Credit Cards
Other Current Liabilities
2400 Payroll Liabilities
2400-07 Accrued Payroll
Total 2400 Payroll Liabilities
2500 Advances from Funders
2500.01 Advance from Agora Hills CWPP
Accrual Basis 4
Name Jul '25 - Mar '26 Jul '24 - Mar '25
$4,628 $68,441
$31,277 -
-$18,000 -
$13,453 $100,103
$23,578 $137,345
$27,863 $137,345
$27,863 $137,345
- -
$11,270 -
$10,619 $17,705
$21,890 $17,705
$49,753 $155,051
2500.02 Advance From Outreach Grant
2500.03 Advance from RFFC (Capacity Building)
2500.04 Advance from SCE24
Total 2500 Advances from Funders
Total Other Current Liabilities
Total Current Liabilities
Total Liabilities
Equity
Retained Earnings
Net Income
Total Equity

TOTAL LIABILITIES AND EQUITY
Accrual Basis 5
Profit and Loss (last 3 months)
January 2026 - March 2026
Name Jan '26 - Mar '26 Jul '25 - Mar '26
- -
- -
$137,389 $321,020
- $8,791
$137,389 $329,811
$137,389 $329,811
$137,389 $329,811
- -
- -
$3,000 $7,425
$57,916 $92,909
$6,410 $8,000
$2,200 $7,200
$69,526 $115,534
- -
$54,242 $142,346
$15,492 $37,038
- $211
$69,734 $179,596
- -
$407 $1,158
$174 $174
$796 $3,273
$506 $506
$100 $100
$1,047 $1,254
$2,437 $2,508
$2,853 $8,301
$883 $883
- -
- $270
Income
4000 Contributions and Grants
4010 Contract Income
4020 General Contributions
Total 4000 Contributions and Grants
Total Income
Gross Profit
Expenses
6100 Contract Services
6100-01 Accounting Services
6100-02 Professional Personnel
6100-03 Admin Services
6100-04 Communications
Total 6100 Contract Services
6200 Payroll Expenses
6210 Wages
6220 Payroll Taxes & Benefits
6255 EPLI
Total 6200 Payroll Expenses
6300 Operating Costs
6315 Computer Software
6320 Dues & Subscriptions
6325 Equipment & Supplies
6330 Insurance
6335 Licenses & Fees
6350 Office Supplies
6360 Printing
6375 Travel
6380 Travel Meals
6390 Fees
6390-01 Bank & Credit Card Fees
Accrual Basis 6
Name Jan '26 - Mar '26 Jul '25 - Mar '26
- $1,750
- $2,020
- $15
$9,207 $20,196
- -
$286 $432
- $70
$286 $502
$3,021 $3,472
$151,777 $319,302
-$14,388 $10,508
- -
$12 $20
- $91
$12 $111
$12 $111
-$14,376 $10,619
6390-02 Payroll Processing Fees
Total 6390 Fees
6345 Postage & Shipping
Total 6300 Operating Costs
6400 Program Expenses
6400-02 Program Materials
6400-05 Employee Education
Total 6400 Program Expenses
Uncategorized Expense
Total Expenses
Net Operating Income
Other Income
8010 Interest
8030 Rebate/Reward Income
Total Other Income
Net Other Income
Net Income
Accrual Basis 7

ARTICLES OF INCORPORATION
OF

SANTA MONICA MOUNTAINS REGIONAL FIRE SAFE COUNCIL
ARTICLE I – NAME
The name of this corporation is Santa Monica Mountains Regional Fire Safe Council.

ARTICLE II – PURPOSE
This corporation is a nonprofit public benefit corporation and is not organized for the private gain of any person. It is organized under the California Nonprofit Public Benefit Corporation Law for public purposes.

The mission of the Santa Monica Mountains Regional Fire Safe Council is to promote wildfire safety and community resilience through education, technical support, subject matter expertise, and community-driven action plans.

ARTICLE III – PRINCIPAL OFFICE & MAILING ADDRESS
The address where the corporation's principal place of business will be located is:

Street/Mailing Address: 21501 Roscoe Blvd
City, State, Zip: Canoga Park, California 91304
County: Los Angeles
ARTICLE IV – INITIAL REGISTERED AGENT
The name and address of this corporation’s initial agent for service of process is:

Name: Pauline Allen 3541 Beethoven St Los Angeles, California 90066 ARTICLE V – OFFICERS & DIRECTORS
The initial officers and directors shall be the following persons and positions:

President: Haddee Hammoud 12605 Osborne Street, Pacoima, California 91331 Treasurer: Megan Currier 3970 Carbon Canyon Rd, Malibu, California 90265 Secretary: Brian Cameron 25328 Prado de Los Arboles, Calabasas, California 91302 Director: Jerry Vandermeulen 23825 Stuart Ranch Rd, Malibu, California 90265 Director: Bradley Yocum 23825 Stuart Ranch Rd, Malibu, California 90265 ARTICLE V – DURATION & DISSOLUTION
The duration of the corporate existence shall be perpetual. The property of this corporation is irrevocably dedicated to charitable purposes and no part of the net income or assets of this corporation shall ever inure to the benefit of any director, officer, or member thereof or to the benefit of any private person. Upon the dissolution or winding up of the corporation, its assets remaining after payment, or provision for payment, of all debts and liabilities of this corporation shall be distributed to a nonprofit fund, foundation, or corporation which is organized and operated exclusively for charitable purposes, and which has established its tax-exempt status under Internal Revenue Code section 501(c)(3).
___________________________________________
Haddee Hammoud
Incorporator

SANTA MONICA MOUNTAINS FUND

Santa Monica Mountains Fund
Statement of Activity
Quarter ended 3/31/26
Quarter Ended
3/31/26
Revenues and Support
Donations and Contributions 15,353
Significant Donors 10,476
Grants 34,255
Federal Contracts 875,363
Other 108
TOTAL REVENUE AND SUPPORT 935,555
Expenses
Salaries and benefits 660,768
Staff Development and Appreciation 2,068
Supplies and Materials 33,247
Equipment -
Travel, Conferences and meetings 44,736
Transportation 15,157
Contract Support 31,178
Intern Stipends 45,205
Professional Fees 90,589
Telephone, voice and data 365
Printing and postage 156
Software and subscriptions 7,307
Insurance -
Bank and Merchant Fees 251
Advertising and Promotion (1,064)
Event Costs 8,403
Taxes Licenses and registrations 1,485
Grants to other Organizations -
Total EXPENSES 939,851
CHANGE IN NET ASSETS BEFORE INVEST (4,296)
Net Investment Inc/(Loss) (36,871)
CHANGE IN NET ASSETS (41,167)
FUNCTIONAL CATEGORY Total Expenses Allocation %
Direct Program Services $887,105 94%
Management & General $33,404 4%
Fundraising & Development $19,343 2%
Total Organization Expenses 939,851 100%

SCORE
City of
Agoura Hills
Community Outreach
Grant Program
Organization Name: _______SCORE Ventura County______________ Organization Address: (Must be Local): 2213 Hillsbury Road Westlake Village CA 91361 Grant Representative Contact
Name: __Scott Glassberg Phone: 310-291-6280
Address: 29509 Ridgeway Dr. Agoura Hills, CA 91301
Description of Community Services Provided:

SCORE is an all volunteer 501c(3) organization operating as a Resource Partner to the SBA. Our primary services are mentoring small businesses and entrepreneurs, which is provided free of charge.

We also provide educational services for small business through our many webinars and workshops.

List Area(s) Served by Organization | Include Number of Agoura Hills Residents | Provide Description of Relationship Organization to Agoura Hills Residents:

Our SCORE chapter serves Ventura County and the adjoining cities in Los Angeles County. Over the past 5 years, we have mentored over 65+ individuals residing in Agoura Hills regarding their existing or proposed businesses. Additionally, we have about 100 Agoura Hills residents on our email list, getting regular information about our services. We have conducted several in-person workshops in Agoura Hills as a result of receiving this city grant in 2025, and also offer workshops in Thousand Oaks that are convenient to Agoura Hills residents. This supplements our robust webinar program. We also have local mentors, both in person and on Zoom, as well as mentors nationally available via Zoom or email. All mentoring is free of cost to the client.

Fund Amount Requested: $1,000
Proposed Use and Budget Plan for Grant Funds: (Include details) The requested funds would be used in the following ways: Help us fund the promotional efforts for our services; materials needed to facilitate our workshops and other services; increase our outreach efforts to teh residents of Agoura Hills to make them aware of the services we provide for small business owners and entrepreneurs.

Have You Received Grant Funding From the City of Agoura Hills in the Past?: YES X NO_______ If Yes: Year Received? ___2025____ Amount: ___$1,000_
Additional Documentation: (Anything elsewe should knowabout your organization?)
See the attached files and our website: https://www.score.org/about Supplemental Documentation Checklist:
501(c)(3) paperwork proof of status- (if you are a NEW applicant, please include ByLaws/Articles of Incorporation.) Income statement and balance sheet for current year. Include document indicating percentage of revenue received that is used for administration, salaries and program costs.

Breakdown and description of organization's sources(s) of revenue.

We would like to attend the Finance Subcommittee Meeting to be held in

SCORE ASSOCIATION
(PARENT-ONLY)

COMBINING SCHEDULES OF ACTIVITIES
YEARS ENDED SEPTEMBER 30, 2024 AND 2023
See independent auditor’s report.
18 2024 2023
Eliminating Eliminating
National Chapters Adjustments Total National Chapters Adjustments Total Revenue and support:

U.S. government grant $ 17,047,243 $ - $ - $ 17,047,243 $ 16,825,979 $ - $ - $ 16,825,979 Chapter program revenue - 937,562 - 937,562 - 853,716 - 853,716 Gifts and grants - 2,173,521 - 2,173,521 - 2,188,242 - 2,188,242 Donated facilities, goods and services 521,289 3,359,750 - 3,881,039 1,117,878 2,720,992 - 3,838,870 Interest and other 69,446 1,702,617 - 1,772,063 1,438 1,140,151 - 1,141,589 Total revenue and support 17,637,978 8,173,450 - 25,811,428 17,945,295 6,903,101 - 24,848,396 Expenses:

Field expenses 1,705,514 4,700,158 - 6,405,672 1,599,653 4,408,419 - 6,008,072 Donated facilities, goods and services (rent) 540,135 3,340,904 - 3,881,039 1,117,878 2,720,992 - 3,838,870 Salaries and fringe benefits 7,414,253 - - 7,414,253 6,622,813 - - 6,622,813 Technology and website 2,060,405 - - 2,060,405 1,852,449 - - 1,852,449 Chapter clerical support 2,449,359 - - 2,449,359 2,373,708 - - 2,373,708 National leader conference 27,793 - - 27,793 690,387 - - 690,387 Professional services (contractual) 195,744 - - 195,744 139,998 - - 139,998 Marketing 988,620 - - 988,620 1,554,757 - - 1,554,757
Board expenses 40,890 - - 40,890 40,213 - - 40,213
Office supplies 199,759 - - 199,759 146,248 - - 146,248 Staff travel 98,189 - - 98,189 55,461 - - 55,461
Other 666,750 - - 666,750 836,388 - - 836,388
Volunteer services 552,817 - - 552,817 345,475 - - 345,475 Insurance 78,267 - - 78,267 58,788 - - 58,788
Total expenses 17,018,495 8,041,062 - 25,059,557 17,434,216 7,129,411 - 24,563,627 Change in net assets 619,483 132,388 - 751,871 511,079 (226,310) - 284,769 Net assets, beginning of year 903,781 9,767,618 -
10,671,399 392,702 9,993,928 -
10,386,630
Net assets, end of year $ 1,523,264 $ 9,900,006 $ - $ 11,423,270 $ 903,781 $ 9,767,618 $ - $ 10,671,399

SCORE ASSOCIATION

STATEMENTS OF ACTIVITIES (PARENT-ONLY)
YEARS ENDED SEPTEMBER 30, 2024 AND 2023
See accompanying notes to parent-only financial statements 5 2024 2023
Without Donor With Donor Without Donor With Donor
Restrictions Restrictions Total Restrictions Restrictions Total Revenue and support:

U.S. government Cooperative Agreement $ 17,047,243 $ - $ 17,047,243 $ 16,825,979 $ - $ 16,825,979 Chapter program revenue - 937,562 937,562 - 853,716 853,716 Gifts and grants 2,173,521 - 2,173,521 2,188,242 - 2,188,242 Donated facilities, goods and services 3,881,039 - 3,881,039 3,838,870 - 3,838,870 Interest and other 1,772,063 - 1,772,063 1,141,589 - 1,141,589 Net assets released from restrictions 908,787 (908,787) - 833,801 (833,801) - Total revenue and support 25,782,653 28,775 25,811,428 24,828,481 19,915 24,848,396 Expenses:

Field Expenses 6,405,672 - 6,405,672 6,008,072 - 6,008,072 Donated facilities, goods and services 3,881,039 - 3,881,039 3,838,870 - 3,838,870 Salaries and fringe benefits 7,414,253 - 7,414,253 6,622,813 - 6,622,813 Technology and website 2,060,405 - 2,060,405 1,852,449 - 1,852,449 Chapter clerical support 2,449,359 - 2,449,359 2,373,708 - 2,373,708 National leader conference 27,793 - 27,793 690,387 - 690,387 Professional services 195,744 - 195,744 139,998 - 139,998 Marketing 988,620 - 988,620 1,554,757 - 1,554,757
Board expenses 40,890 - 40,890 40,213 - 40,213
Office supplies 199,759 - 199,759 146,248 - 146,248
Staff travel 98,189 - 98,189 55,461 - 55,461
Other 666,750 - 666,750 836,388 - 836,388
Volunteer services and field staff 552,817 - 552,817 345,475 - 345,475 Insurance 78,267 - 78,267 58,788 - 58,788
Total expenses 25,059,557 - 25,059,557 24,563,627 - 24,563,627 Change in net assets 723,096 28,775 751,871 264,854 19,915 284,769 Net assets, beginning of year 10,600,171 71,228 10,671,399 10,335,317 51,313 10,386,630 Net assets, end of year $ 11,323,267 $ 100,003 $ 11,423,270 $ 10,600,171 $ 71,228 $ 10,671,399

SCORE ASSOCIATION

STATEMENTS OF FINANCIAL POSITION (PARENT-ONLY)
SEPTEMBER 30, 2024 AND 2023
See accompanying notes to parent-only financial statements 4 2024 2023
ASSETS
Current assets:

Cash and cash equivalents $ 6,521,412 $ 5,947,692
Grant receivable 3,616,083 4,452,994
Accounts receivable 16,393 16,379
Due from SCORE Foundation 1,083,998 765,304
Prepaid expenses and deposits 738,303 750,058
Total current assets 11,976,189 11,932,427
Property, plant and equipment, net 1,040,428 694,799
ROU lease asset, net 242,013 347,947
$ 13,258,630 $ 12,975,173

LIABILITIES AND NET ASSETS
Current liabilities:

Accounts payable and accrued expenses $ 1,025,367 $ 1,451,325 Accrued payroll and related liabilities 161,438 52,102
Accrued vacation 306,497 331,222
ROU Lease Liability, Current Portion 70,728 102,812
Deferred revenue 100,045 118,852
Total current liabilities 1,664,075 2,056,313
Long Term Liabilities:

ROU Lease Liability 171,285 245,135
Pledges Payable - 2,326
Total Long Term Liabilities 171,285 247,461
Net assets:

Without donor restrictions:

Undesignated 11,323,267 10,335,317
With donor restrictions 100,003 51,313
Total net assets 11,423,270 10,386,630
$ 13,258,630 $ 12,690,404

SCORE ASSOCIATION

STATEMENTS OF CASH FLOWS (PARENT-ONLY)
YEARS ENDED SEPTEMBER 30, 2024 AND 2023
See accompanying notes to parent-only financial statements 6 2024 2023
Cash flows from operating activities:

Change in net assets $ 751,871 $ 284,769
Adjustments to reconcile change in net assets to
net cash from operating activities:

Depreciation expense 211,971 127,317
Change in:

Grant receivable 836,911 (1,326,674)
Accounts receivable (14) 22,336
Prepaid expenses and deposits 11,755 (167,023)
Accounts payable and accrued expenses (343,673) 507,825 Due to/from SCORE Foundation (318,694) (280,994)
Deferred revenue and other liabilities (18,807) 17,928
Net cash from operating activities 1,131,320 (814,516)
Cash flows from investing activities:

Purchase of property, plant and equipment (557,600) (299,736) Net change in cash and cash equivalents 573,720 (1,114,252) Cash and cash equivalents, beginning of year 5,947,692 7,061,944 Cash and cash equivalents, end of year $ 6,521,412 $ 5,947,692

SCORE ASSOCIATION

NOTES TO FINANCIAL STATEMENTS (PARENT-ONLY)
SEPTEMBER 30, 2024 AND 2023
12 NOTE 5. LINE OF CREDIT
SCORE has a $3,000,000 unsecured bank line of credit with a maturity date of January 31, 2025. Amounts borrowed under the agreement bear interest at the interest rate of the Secured Overnight Financing Rate (SOFR) Daily Floating Rate plus 2.17 percentage points. The SOFR rate on September 30, 2024 was 4.96%.

For the line of credit which matured on January 31, 2024, the interest rate was the BBA LIBOR Daily Floating Rate plus 2.25%. This rate was 5.47% at September 30, 2023.

As of September 30, 2024 and 2023, $0 was drawn on the line of credit.

NOTE 6. NET ASSETS WITH DONOR RESTRICTIONS
Net assets with donor restrictions for fiscal year 2023 are as follows:

Beginning of
Year Additions Released End of Year
Purpose restricted:

SBA grant provisions $ 71,228 $ 937,562 $ (908,787) $ 100,003 Net assets with donor restrictions for fiscal year 2023 are as follows:

Beginning of
Year Additions Released End of Year
Purpose restricted:

SBA grant provisions $ 51,313 $ 853,716 $ (833,801) $ 71,228 All chapter funds raised by program activities are considered donor restricted for purpose in accordance with the SBA Notice of Award and all other revenues have no restrictions. In 2024 and 2023, the release of temporarily restricted net assets reflects this determination.

NOTE 7. DONATED FACILITIES, GOODS AND SERVICES
SCORE operates out of space donated by the SBA and other organizations.

Contributions of goods and services are received throughout the year. Fair value of in-kind contributions recognized as unrestricted support and as expenses in the statements of activities for the years ended September 30, 2024 and 2023, are as follows:

SCORE ASSOCIATION

NOTES TO FINANCIAL STATEMENTS (PARENT-ONLY)
SEPTEMBER 30, 2024 AND 2023
13 NOTE 7. DONATED FACILITIES, GOODS AND SERVICES (Continued) 2024 2023
Donated use of facilities $ 2,037,578 $ 2,854,992
Donated services 1,843,461 983,878
Donated goods - -
$ 3,881,039 $ 3,838,870
NOTE 8. FUNCTIONAL EXPENSES
The costs of the Association have been summarized on a natural classification basis. For functional expense purposes, costs have been allocated among the program and supporting services for the year ended September 30, 2024, as follows:

Element of Cost
Program
Services
Management
and General Total
Field expenses $ 4,700,158 $ 1,705,514 $ 6,405,672
Donated facilities, goods and services 3,359,750 521,289 3,881,039 Salaries and fringe benefits 5,604,008 1,810,245 7,414,253 Technology and website 1,885,204 175,201 2,060,405
Chapter clerical support 1,224,680 1,224,679 2,449,359
National leader conference 27,793 - 27,793
Professional services 70,587 125,157 195,744
Marketing 988,620 - 988,620
Board expenses - 40,890 40,890
Office supplies 172,375 27,384 199,759
Staff travel 98,189 - 98,189
Other 666,750 - 666,750
Volunteer services 552,817 - 552,817
Insurance - 78,267 78,267
Total $ 19,350,931 $ 5,708,626 $ 25,059,557
Year Ended September 30, 2024

SCORE ASSOCIATION

NOTES TO FINANCIAL STATEMENTS (PARENT-ONLY)
SEPTEMBER 30, 2024 AND 2023
14 NOTE 8. FUNCTIONAL EXPENSES (Continued)
SCORE’s functional expenses for the purpose of reporting gross program and supporting services for the year ended September 30, 2023, were allocated as follows:

Element of Cost
Program
Services
Management
and General Total
Field expenses $ 4,408,419 $ 1,599,653 $ 6,008,072
Donated facilities, goods and services 2,720,992 1,117,878 3,838,870 Salaries and fringe benefits 5,400,612 1,222,201 6,622,813 Technology and website 1,674,438 178,011 1,852,449
Chapter clerical support 1,186,854 1,186,854 2,373,708
National leader conference 690,387 - 690,387
Professional services 80,123 59,874 139,997
Marketing 1,554,757 - 1,554,757
Board expenses - 40,213 40,213
Office supplies 126,135 20,113 146,248
Staff travel 55,461 - 55,461
Other 836,388 - 836,388
Volunteer services 345,475 - 345,475
Insurance - 58,788 58,788
Total $ 19,080,042 $ 5,483,585 $ 24,563,627
Year Ended September 30, 2023
NOTE 9. CONCENTRATION OF REVENUE
For fiscal years 2024 and 2023, 66% and 68% of SCORE's revenue was derived from an SBA grant.

NOTE 10. CONTINGENCIES
SCORE receives federal funding, which is subject to periodic audit by the SBA, its cognizant agency. As such, a contingent liability exists for potential questioned costs that may result from such an audit. All asserted claims for questioned cost have been significantly repaid by SCORE. As of September 30, 2024 and 2023, the amount of $14,665 and $5,885 remained outstanding to the SBA.

SCORE ASSOCIATION

NOTES TO FINANCIAL STATEMENTS (PARENT-ONLY)
SEPTEMBER 30, 2024 AND 2023
15 NOTE 11. LEASES
SCORE recognizes right-of-use (ROU) asset and lease liability in the accompany statement of financial position in accordance with FASB ASC Topic 842, Leases.

For leases greater than twelve (12) months, SCORE records the related right-of-use asset and liability at the present value of the lease payments over the contract term using a rate implicit in the lease. The ROU asset is amortized over their estimated useful life and the interest is recognized using the effective interest method.

The weighted average remaining lease term and discount rate are as follows as of September 30, 2024 and 2023:
2024 2023
Weighted-average lease term 4.46 years 5.54 years
Weighted-average discount rate 6.00% 6.00%
Lease expenses totaled $257,012 and $189,644 for the years ended September 30, 2024 and 2023, respectively.

The following table summarizes the maturity of right-of-use lease liabilities for subsequent fiscal years as of September 30, 2024:
2025 $ 83,301
2026 61,552
2027 35,543
2028 30,097
2029 18,007
Thereafter 63,664
292,164
Less: amount representing interest (50,151)
Total lease liabilities 242,013
Less: current portion, lease liabilities 70,728
Long-term portion, lease liabilities $ 171,285

SCORE ASSOCIATION

NOTES TO FINANCIAL STATEMENTS (PARENT-ONLY)
SEPTEMBER 30, 2024 AND 2023
16 NOTE 12. RETIREMENT PLAN
SCORE offers a 401(k) retirement plan to its employees. Employees are eligible to participate in the retirement plan 60 days from their start date. Employees can make voluntary contributions up to a legal maximum. SCORE matches employee contribution up to a maximum of 3 percent (3%) of an employee’s gross salary.

SCORE also makes a discretionary contribution of up to 4 percent (4%) of the employee’s gross base salary. Employer contributions vest at 20% per year over a five-year period. Contributions to the Plan for 2024 and 2023 were $370,900 and $293,974, respectively.

NOTE 13. FISCAL AGENT
SCORE acts as the fiscal agent for the Small Business Administration’s National Small Business Week. As such, SCORE maintains a checking account with sponsorship funds used for this program. The balance of the checking accounts was $114,962 and $132,035 as of September 30, 2024, and 2023, respectively. These activities and balances have not been included in the financial statements of SCORE.

NOTE 14. LIQUIDITY AND AVAILABILITY
The following represents SCORE’s financial assets at September 30, 2024 and 2023:
2024 2023
Assets:

Cash and cash equivalents $ 6,521,412 $ 5,947,692
Accounts receivable, net 4,716,474 5,234,677
Total financial assets $ 11,237,886 $ 11,182,369
Financial assets available to meet general
expenditures over the next twelve months $ 11,237,886 $ 11,182,369 SCORE’s goal is generally to maintain financial assets to meet 90 days of operating expenses (approximately $6,179,069). SCORE also maintains lines of credit arrangements to meet cash flow needs. At September 30, 2024 and 2023, $3,000,000, were available on the lines of credit. (See Note 5).

SCORE ASSOCIATION
(PARENT-ONLY)

SCHEDULES OF CHAPTER EXPENSES
YEARS ENDED SEPTEMBER 30, 2024 AND 2023
See independent auditor’s report.
19 2024 2023
Field expenses
Clerical $ 1,393,455 $ 1,351,857
Marketing 621,515 565,498
Workshop 135,050 105,795
Special events 736,140 546,137
Volunteer training 6,392 15,826
Office supplies 133,654 161,278
Rent 167,240 189,644
Travel 122,814 88,553
Meetings 137,513 130,064
Telecommunications 72,647 79,584
Publications 55,757 44,207
Donations 8,927 17,803
Professional fees 44,890 131,639
Insurance 2,496 8,753
Other 1,061,668 971,781
$ 4,700,158 $ 4,408,419

SENIOR CONCERNS

SENIOR CONCERNS’ PROGRAMS &

LOCAL IMPACT FOR RESIDENTS OF AGOURA HILLS
Senior Concerns respectfully requests $10,000 in grant funding from the City of Agoura Hills to support essential services for older adults and family caregivers, residents who are increasingly vulnerable due to age, disability, and rising costs of living.

Senior Concerns provides a coordinated continuum of care that allows Agoura Hills residents to remain safely and independently in their homes while reducing reliance on more costly emergency and institutional care.

Senior Concerns currently serves 156 Agoura Hills residents across multiple programs.

MEALS ON WHEELS: NUTRITION, SAFETY, AND EARLY INTERVENTION Senior Concerns has operated a Meals On Wheels program since its founding in 1975. Many recipients face challenges such as income insufficiency, mobility limitations, reduced food quality, lack of socialization, and malnutrition, often exacerbated by rising food costs, housing, and healthcare. For seniors living solely on social security, the removal of meal costs can mean the difference between staying safely housed or falling into homelessness. Meals On Wheels is more than a meal, it is a daily safety net.

Each delivery includes:
• Nutritious, dietitian-approved meals
• A wellness check by a trained volunteer
• Real-time reporting of concerns
A dedicated Meals On Wheels Case Manager oversees all clients and provides wraparound services, including:
• Follow-up on health and safety concerns
• Coordination of care and referrals
• Connection to caregiver support and community resources This model ensures that Agoura Hills residents receive not only food, but also ongoing monitoring, early intervention, and access to additional support services that help prevent crises.

AGOURA HILLS RESIDENT IMPACT:
• Currently, 29 residents receive Meals On Wheels services (up from 27 last year) o Based on current service levels, Senior Concerns delivers an estimated 7,000+ meals annually to Agoura Hills residents, each paired with a wellness check o 100% of these individuals are disabled and homebound
Last year, Senior Concerns provided over 70,000 meals to over 425 Seniors in the Conejo Valley.

ADULT DAY PROGRAM: SUPPORTING SENIORS AND THEIR CAREGIVERS Senior Concerns’ Adult Day Program provides a dynamic, person-centered environment for seniors with cognitive or physical impairments (i.e., Alzheimer’s Disease, Dementia, Parkinson’s Disease) designed to enhance their overall well-being.

Participants benefit from:
• Therapeutic activities and social engagement
• Supervision and safety during the day
• Improved emotional and cognitive well-being
Equally important, the program provides critical respite for family caregivers, allowing them to:
• Maintain employment
• Manage personal responsibilities
• Reduce stress and burnout
Without this support, many families would face difficult decisions, often resulting in premature placement in highercost care settings.

AGOURA HILLS RESIDENT IMPACT:
• Currently, six residents participate in the Adult Day Program o Based on current service levels, Senior Concerns also provides approximately 15 Agoura Hills family caregiver residents with respite and support
Last year, Senior Concerns’ Adult Day Program provided over 20,800 hours of care to 90 seniors while offering respite to 217 caregivers in the Conejo Valley

WRAPAROUND SERVICES FOR SENIORS AND FAMILY CAREGIVERS
Senior Concerns provides a full range of services that support both seniors and those caring for them, including:
• The Caregiver Support Center provides personalized guidance, education, and respite planning for family caregivers.
• Senior Advocacy Services assists seniors with navigating health and social services systems. • In-Home Geriatric Assessments are conducted by trained staff to evaluate seniors’ safety and care needs. • Pro Bono Legal and Financial Services connect seniors with volunteer professionals to address estate planning, fraud prevention, and financial literacy.
• Community Education Workshops that address topics such as dementia care, end-of-life planning, and caregiver stress management.
• Neuropsychologist-led Memory Screenings are free, confidential assessments to help older adults evaluate memory concerns in a supportive, clinical setting. • Early Memory Loss Support Group provides a safe, supportive space for individuals experiencing mild memory loss to share experiences, learn coping strategies, and build community. • Parkinson’s Support Group offers guidance, education, and emotional support tailored to individuals with Parkinson’s disease and their family caregivers.
• Solo Aging Workshops empower older adults without traditional support systems to plan for aging confidently through expert-led guidance on finances, care, and community connection.

These services ensure that Agoura Hills residents are not navigating aging-related challenges alone and that support evolves as needs become more complex.

AGOURA HILLS RESIDENT IMPACT:
o Currently, eight Agoura Hills residents are participating in our caregiver support groups o Since July 1, 2025, Senior Concerns has received calls from 76 Agoura Hills residents for senior advocacy services.
o Since July 1, 2025, Senior Concerns has hosted 22 Agoura Hills residents in our seminars Last year, Senior Concerns served over 13,000 seniors and family caregivers and assisted with over 10,000 Senior Advocacy and Support Inquires from the community. Additionally, we supported more than 830 attendees at our educational seminars in the Conejo Valley.

WHY THIS MATTERS TO AGOURA HILLS
While Agoura Hills is often perceived as an affluent community, many older adults live on fixed incomes and face increasing financial pressure from housing, food, and healthcare costs.

At the same time:
• More residents are aging into higher levels of need
• Family caregivers are under increasing strain
• Demand for services continues to grow
Without access to community-based support, these challenges can lead to:
• Increased emergency room visits
• Hospitalizations
• Premature institutional care
Senior Concerns helps prevent these outcomes by providing cost-effective, community-based services that stabilize seniors and support caregivers.

A STRONG RETURN ON INVESTMENT FOR THE CITY
An investment from the City of Agoura Hills directly supports:
• Thousands of meals for homebound residents
• Daily wellness checks and safety monitoring
• Case management and coordinated care
• Support for family caregivers
• Reduced strain on emergency and healthcare systems
Senior Concerns has served the community for over 50 years with a deep commitment to meeting community needs.

Senior Concerns plays a critical role in ensuring that Agoura Hills residents can age safely, with dignity, and with the support they need.

City of Agoura Hills funding helps sustain not only meals, but a comprehensive system of care that addresses nutrition, health, safety, and caregiver support, delivering meaningful impact to some of the community’s most vulnerable residents.

Public Support 697,079 25%
Grants 333,225 12%
Government Contracts 471,499 17%
Program Service Fees 613,826 22%
Special Events net of Expenses
$327,511 417,881 15%
In-Kind Support 58,400 2%
Investment Income 114,025 4%
Realized/unrealized gains(losses
on investment 30,706 1%
Total Revenue 2,736,641 100%
Program Costs 1,841,453 70.7%
Management and General 385,716 14.8%
Fundraising 379,047 14.5%
Total Expenses 2,606,216 100.0%
Fiscal Year 2025 Revenue Table
2:37 PM
04/21/26
Accrual Basis
Conejo Valley Senior Concerns, Inc.

Balance Sheet
As of March 31, 2026
Mar 31, 26
ASSETS
Current Assets
Checking/Savings
1066 · Chase Bank (Checking) 30,792.83
1079 · Live Oak Bank 41,647.78
1080 · Logix Fed Cr Un Checking 5.00
1081 · Logix Fed Cr Un Money Market 200,609.49
1015 · Banc of CA - General Checking 735,711.04
1025 · Banc of CA - Payroll 6,914.74
1040 · Petty Cash - Office 1,435.50
Total Checking/Savings 1,017,116.38
Accounts Receivable
1110 · Accounts Receivable
1115 · Special Event Acct Rec 21,100.00
1110 · Accounts Receivable - Other 58,498.13
Total 1110 · Accounts Receivable 79,598.13
1240 · Contract Revenue Receivables 86,145.00
Total Accounts Receivable 165,743.13
Other Current Assets
1400 · Other Current Assets
1475 · HT Acct #9151 Operating
1476 · Sweep Acount #9191 -50,560.60
1540 · Investment Portfolio #9151 1,579,536.69
1475 · HT Acct #9151 Operating - Other 131,134.41
Total 1475 · HT Acct #9151 Operating 1,660,110.50
1480 · HT Acct #4562 50thAnniversary
1478 · Sweep Account #4562 -8,417.28
1479 · Investment Portfolio #4562 1,060,136.16
1480 · HT Acct #4562 50thAnniversary - Other 198,651.00 Total 1480 · HT Acct #4562 50thAnniversary 1,250,369.88 1450 · Prepaid Expenses 12,420.56
Total 1400 · Other Current Assets 2,922,900.94
Total Other Current Assets 2,922,900.94
Total Current Assets 4,105,760.45
Fixed Assets
15000 · Property and Equipment 3,523,323.97
17100 · Accum Depr - Prop and Equip -2,119,344.95
Total Fixed Assets 1,403,979.02
Other Assets
18300 · VCCF - Trust Funds 184,207.61
Total Other Assets 184,207.61
TOTAL ASSETS 5,693,947.08

LIABILITIES & EQUITY

2:37 PM
04/21/26
Accrual Basis
Conejo Valley Senior Concerns, Inc.

Balance Sheet
As of March 31, 2026
Mar 31, 26
Liabilities
Current Liabilities
Accounts Payable
2010 · Accounts Payable 89,827.78
Total Accounts Payable 89,827.78
Credit Cards
2027 · Citi Cash Back Card 7,256.84
Total Credit Cards 7,256.84
Other Current Liabilities
2600 · Cash Clearing Account 2,446.86
2560 · Accrued Vacation 52,143.22
2810 · Deferred Revenue 22,160.00
Total Other Current Liabilities 76,750.08
Total Current Liabilities 173,834.70
Long Term Liabilities
2760 · Economic Injury Disaster Loan 135,562.59
Total Long Term Liabilities 135,562.59
Total Liabilities 309,397.29
Equity
32000 · Unrestricted Net Assets 4,904,255.17
Net Income 480,294.62
Total Equity 5,384,549.79
TOTAL LIABILITIES & EQUITY 5,693,947.08

2:34 PM
04/21/26
Accrual Basis
Conejo Valley Senior Concerns, Inc.

Profit & Loss
July 2025 through March 2026
Jul '25 - Mar 26
Income
5250 · Inkind Income 43,799.94
4000 · Public Support
4010 · Donations
4010 · Donations - Other 496,498.73
Total 4010 · Donations 496,498.73
4020 · Planned Giving 86,000.00
4210 · Grant Revenue
4235 · Grants (General) 36,067.04
4220 · Corporate & Business Grants 29,500.00
4225 · Foundations & Trusts Grant 287,500.00
Total 4210 · Grant Revenue 353,067.04
5010 · Contract Revenue 403,181.30
6800 · Other Revenue 2,767.96
Total 4000 · Public Support 1,341,515.03
5000 · Program Service Revenue
5180 · Program Service Fees 460,658.00
5185 · Program Services Scholarship -98,765.39
5195 · Referral Program Fees 27,117.68
Total 5000 · Program Service Revenue 389,010.29
5300 · Investment Revenue
5320 · Dividend & Int Inc Accrued 67,541.42
Total 5300 · Investment Revenue 67,541.42
5500 · Restricted Revenue
5515 · Meals On Wheels 26,000.00
5500 · Restricted Revenue - Other 24,000.00
Total 5500 · Restricted Revenue 50,000.00
5800 · Special Events Income
5802 · Special Events - Fund-A-Need 196,515.00
5801 · Special Events - Donations 10,917.84
5805 · Special Events - Attendees 103,757.91
5808 · Special Event - Vendors 1,500.00
5810 · Special Events - Sponsors 230,500.00
5815 · Special Events-Auctions/Sales 103,660.00
Total 5800 · Special Events Income 646,850.75
Total Income 2,538,717.43
Expense
6000 · PERSONNEL COSTS
6010 · Salaries and Wages 957,270.83
6020 · Payroll Tax Expense 72,548.94
6030 · Unemployment Insurance 6,468.18
6040 · Employer 3% Match 403b 15,611.52

2:34 PM
04/21/26
Accrual Basis
Conejo Valley Senior Concerns, Inc.

Profit & Loss
July 2025 through March 2026
Jul '25 - Mar 26
6050 · Medical/Dental Insurance 31,353.40
6060 · Workers Comp Insurance 6,233.04
6070 · Recruitment & Personnel Support 1,777.50
6090 · Staff Development/Training 803.29
Total 6000 · PERSONNEL COSTS 1,092,066.70
7500 · OPERATING EXPENSE
7583 · Inkind Expense 43,799.94
9510 · Advertising/ Marketing
9511 · Digital Media 614.44
9512 · Print Advertising 3,913.00
9510 · Advertising/ Marketing - Other 5,698.19
Total 9510 · Advertising/ Marketing 10,225.63
7550 · Bank Charges 908.00
7520 · Computer Support 33,230.14
9020 · Conference, Seminars & Meetings 9,603.52
7560 · Credit Card Merchant Fees 23,260.56
7570 · Dues & Subscriptions 15,879.26
8700 · EIDL Interest Expense 2,841.53
6510 · Food Supplies 255,627.33
7580 · Licenses, Permits & Fees 436.67
7020 · Minor Equipment Purchases 4,415.01
8540 · Outside Services 122,333.26
7510 · Postage & Shipping 5,466.31
7545 · Printing 4,139.27
7010 · Supplies 39,960.59
9010 · Travel - Mileage, Air 5,946.32
Total 7500 · OPERATING EXPENSE 578,073.34
8000 · OCCUPANCY EXPENSES
8010 · Telephone & Communication 14,515.96
8020 · Equip Repairs and Maintenance 3,667.53
8030 · Insurance 29,777.87
8040 · Utilities 30,663.56
8050 · Real Estate Taxes 217.74
8060 · Occupancy Supplies 2,450.00
8070 · Facility Maintenance 35,756.08
8100 · Depreciation Expense 60,132.15
Total 8000 · OCCUPANCY EXPENSES 177,180.89
8500 · PROFESSIONAL EXPENSES
8510 · Accounting 12,232.00
8520 · Legal Consultation 3,690.00
Total 8500 · PROFESSIONAL EXPENSES 15,922.00
8800 · SPECIAL EVENT EXPENSES

2:34 PM
04/21/26
Accrual Basis
Conejo Valley Senior Concerns, Inc.

Profit & Loss
July 2025 through March 2026
Jul '25 - Mar 26
8810 · Auction/Sales Expenses 1,074.22
8815 · Consignment Expense 10,240.00
8820 · Event Venue Expense 82,042.98
8855 · Postage 3,323.23
8857 · Printing 8,628.25
8860 · Outside Services 95,800.09
8870 · Meeting & Confer 1,126.17
8880 · Advertising/Mkt
8822 · Digital Advertising 1,332.33
8858 · Print Advertising 3,763.26
8880 · Advertising/Mkt - Other 50.00
Total 8880 · Advertising/Mkt 5,145.59
8881 · Signage 2,257.08
8883 · Rentals 7,309.89
8885 · Supplies 13,859.86
Total 8800 · SPECIAL EVENT EXPENSES 230,807.36
Total Expense 2,094,050.29
Other Income
70600 · Unrealized Gains/Loss - Invest 35,627.48
Total Other Income 35,627.48
Net Income 480,294.62

SUMAC ELEMENTARY
Description of Community Services Provided: _______________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ City of Agoura Hills
Community Outreach Grant Program
Grant Representative Contact
Address: ___________________________________
Name: ___________________________________ Phone: ________________________ Organization Name: ______________________________________________________ Organization Address: (Must be Local): ______________________________________________________ List Area(s) Served by Organization | Include Number of Agoura Hills Residents | Provide Description of Relationship Organization to Agoura Hills Residents:
__________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ Fund Amount Requested: _________________________________ Sumac Elementary School Parent Faculty Association
6050 N. Calmfield Ave., Agoura Hills, CA 91301
Thuy Wu (714) 262-9292
Same as above.

Please see attached.

Please see attached.
$3,000
Proposed Use and Budget Plan for Grant Funds: (Include details) ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ Have You Received Grant Funding From the City of Agoura Hills in the Past?:

YES_______ NO_______ If Yes: Year Received? ____________ Amount: ___________ Additional Documentation: (Anything else we should know about your organization?) _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ _________________________________________________________________________________________ Supplemental Documentation Checklist:
501(c)(3) paperwork proof of status (if you are a /&8 applicant, please include By-aws"rticles of Incorporation.) Income statement and balance sheet for current year. Include document indicating percentage of revenue received that is used for administration, salaries and program costs.

Breakdown and description of organization's sources(s) of revenue.

I would like to attend the Finance Subcommittee Meeting to be held in midMay 2026.

Please do /05 include any images or protected documents.

Please see attached.
’24-‘25 $1,000
Please see attached.
✔
✔
✔
✔
✔
Attachment to City of Agoura Hills Community Outreach Grant Sumac Elementary School PFA
Description of Community Services Provided:
6XPDF(OHPHQWDU\6FKRROLV DGXDO ODQJXDJH 6SDQLVK(QJOLVKLPPHUVLRQ67($0

VFLHQFHWHFKQRORJ\HQJLQHHULQJDUWDQG PDWK
SURJUDP0RVWRI RXU VWXGHQWVDUH
SURILFLHQWLQ 6SDQLVKE\ WKH WLPHWKH\ FRPSOHWHILIWK JUDGH$VDGXDO ODQJXDJH SURJUDP ZH WDNHSULGHLQ QRW RQO\ OHDUQLQJDERXW EXW DOVRcelebrating GLIIHUHQWFXOWXUHV 2QH RI RXU ELJJHVWFRPPXQLW\HYHQWVLV RXU DQQXDO Dia de los Muertos FHOHEUDWLRQDia de Los Muertos
'D\RI WKH 'HDG
LV DKROLGD\ ZKHUHIDPLOLHVKRQRU WKHLU DQFHVWRUVE\
FUHDWLQJDOWDUV
³ofrendas´
ZLWK SLFWXUHVIRRG DQG RWKHU LWHPVWKDW FHOHEUDWHDQG UHSUHVHQWWKHVHDQFHVWRUV(DFK\HDURXU VWXGHQWVOHDUQDERXW DVSHFLILF/DWLQ $PHULFDQFRXQWU\DQG QRWDEOH ILJXUHVIURPWKDW FRXQWU\6WXGHQWVGHFRUDWHofrendas WR KRQRU LQGLYLGXDOVVXFKDV ZULWHU*DEULHO*DUFLD0DUTXH]VLQJHU&HOLD &UX]DQG DUWLVW )ULGD.DKOR2XU VWXGHQWVDOVRPDNHDSHUVRQDOFRQQHFWLRQWR WKLV HYHQWE\ FUHDWLQJ VKRHER[VL]HGofrendas WR KRQRU WKHLU RZQ ORYHGRQHV:HWKHQ WUDQVIRUPRXU PXOWLSXUSRVHURRPLQWR D³FHPHWDU\´DGRUQHGZLWK VRIWFDQGOHOLJKWWUDGLWLRQDO cempazuchitl

PDULJROG
IORZHUVDQG FRORUIXOpapel picado±WUDGLWLRQDOFXWSDSHU DUW±DQG LQYLWHRXU FRPPXQLW\WR EH DSDUWRI RXU FHOHEUDWLRQ /DVW\HDURYHU VWXGHQWVSDUHQWVDQG FRPPXQLW\PHPEHUVFDPHWR RXU FDPSXVWR OHDUQDERXW DQG H[SHULHQFHWKLV ZRQGHUIXOWUDGLWLRQ2XU FRPPXQLW\FDPHWR WRXU WKH GLVSOD\RI ofrendas DQG VDPSOHWUDGLWLRQDOpan de muerto DQG FKRFRODWH:HSURYLGHG DUWVFUDIWVIDFHSDLQWLQJDQG WDFRV7KURXJKRXWWKH HYHQWDPDULDFKLEDQG SOD\HG ZKLOH SHRSOH RI DOO DJHV JDWKHUHGWR GDQFHDQG FHOHEUDWHOLIH $SLFWXUHLV ZRUWKDWKRXVDQGZRUGVVRZH LQYLWHWKH FRPPLWWHHWR YLHZYLGHRVRI RXU HYHQWRQ RXU LQVWDJUDPSDJH DW #VXPDFBOVWHPDia de los Muertos HYHQWVDUHVDYHGLQ RXU VWRULHVKLJKOLJKWV7ROHDUQPRUHDERXW RXU 3)$SOHDVHYLVLWRXU ZHEVLWHDW ZZZVXPDFSIDRUJ
List area(s) served by organization; include number of Agoura Hills Residents; Provide Description of Relationship Organization to Agoura Hills Residents:
7KHUHDUH
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und Amount Requested:

Proposed Use and Budget Plan for Grant Funds: (Include Plenty of Detail) 2XUHYHQWLVRUJDQL]HGIXQGHG DQGPDQDJHGHQWLUHO\E\ RXUDPD]LQJVWDIIDQGSDUHQW YROXQWHHUV7KHHYHQWFRVWVURXJKO\ZKLFKEUHDNVGRZQ DVIROORZV 
'HFRUDWLRQVIRU WKHHYHQWLQFOXGLQJWUDGLWLRQDOVXJDUVNXOOV ³calaveras´
papel picado
DQG cempazuchitl IORZHUV

0DULDFKLEDQG

 )DFHSDLQWHU

)RRG
pan de muertoFKRFRODWHGULQNV


&UDIWVIORUDOKHDGEDQGV DQGDFWLYLWLHVIRUFKLOGUHQ

 )DFLOLWLHV

Have you received grant funding from the City of Agoura Hills in the past:
<HVZHUHFHLYHG LQ  DQG  LQ 
Additional Documentation (Add supplemental information that supports your organization)
6XPDFWHDFKHVDQGSUHSDUHVRXUVWXGHQWVWR EH JRRGFLWL]HQVDQGOHDGHUVLQ RXU FRPPXQLW\:HSURPRWHVWFHQWXU\OHDUQLQJWKDW JRHVDERYHDQGEH\RQGWKH VWDQGDUGVEDVHGLQVWUXFWLRQDOSURJUDPWRHOHYDWHJOREDOOLWHUDF\IRU RXUVWXGHQWVWKURXJK 6SDQLVKODQJXDJHLPPHUVLRQDQG67($0
:HILUPO\EHOLHYHWKDW RXU Dia de los MuertosFHOHEUDWLRQLV DQLPSRUWDQWLQYHVWPHQWLQ RXUVWXGHQWVDQG WKHJUHDWHUFRPPXQLW\+RZHYHUWKHHYHQWLV IXQGHGHQWLUHO\WKURXJK GLUHFWGRQDWLRQVIURPRXUIDPLOLHV RI ZKRP LGHQWLI\ DV ORZLQFRPHRUHFRQRPLFDOO\ GLVDGYDQWDJHG2XUIDPLOLHVIDFHLQFUHDVLQJO\KLJKOLYLQJFRVWVDQGHDFK\HDULW EHFRPHVPRUHGLIILFXOWWRUDLVHWKH IXQGV ZH QHHG WRNHHSRXUSURJUDPVUXQQLQJ$ JUDQWIURPWKHFLW\RI$JRXUD+LOOV ZRXOG KHOSWUHPHQGRXVO\LQ DOORZLQJ XV WRFRQWLQXH KRVWLQJWKLVLPSRUWDQWFRPPXQLW\HYHQW
Budget Overview_FY2025 Budget (Aug 2024 - Jul 2025)_(1)__Report 6XPDF3DUHQW)DFXOW\$VVRFLDWLRQ
August 1, 2025-July 31, 2026
A !"#$ %#&'& (")&*#+, -".) /0, 1012 0342/ 56 76(8 /9:
$&&2817 727$/
,QFRPH
$UW&DUGV 
%RRN)DLU$OO 
%RRN)DLU([SHQVHV 
Total for Book Fair All -$300.00
&RPSDQ\0DWFK 
'LUHFW'RQDWLRQ 
'LUHFW'RQDWLRQ%DQN)HHV 
'LUHFW'RQDWLRQ([SHQVHV 
Total for Direct Donation $77,000.00
*LIW:UDS 
3DUW\ERRN 
3DUW\ERRN%DQN)HHV 
Total for Partybook $4,800.00
3DYHU6DOHV 
3DYHU([SHQVHV 
Total for Paver Sales $900.00
5HVWDXUDQW)RRG1LJKWV 
5HWDLO*URFHU\ 
6KRXWRXWV 
6KRXWRXWV%DQN)HHV 
Total for Shoutouts $180.00
6LOHQW$XFWLRQ 
6LOHQW$XFWLRQ%DQN)HHV 
6LOHQW$XFWLRQ([SHQVHV 
Total for Silent Auction $13,400.00
6SHFLDO(YHQWV 
6SHFLDO(YHQWV%DQN)HHV 
6SHFLDO(YHQWV([SHQVHV 

Total for Special Events -$100.00
6SRQVRUVKLSV 
6SRQVRUVKLS([SHQVHV 
6SRQVRUVKLSV%DQN)HHV 
Total for Sponsorships $3,900.00
6SULQJ)XQGUDLVHU
6SDFH5DFH

6SULQJ)XQGUDLVHU%DQN)HHV 
6SULQJ)XQGUDLVHU'RQDWLRQ 
6SULQJ)XQGUDLVHU([SHQVHV 
6SULQJ)XQGUDLVHU6SRQVRUVKLSV 
Total for Spring Fundraiser (Space Race) $61,500.00
Budget Overview_FY2025 Budget (Aug 2024 - Jul 2025)_(1)__Report 6XPDF3DUHQW)DFXOW\$VVRFLDWLRQ
August 1, 2025-July 31, 2026
A !"#$ %#&'& (")&*#+, -".) /0, 1012 0342/ 56 76(8 19:
$&&2817 727$/
6XPDF$SSDUHO 
6XPDF$SSDUHO%DQN)HHV 
6XPDF$SSDUHO([SHQVHV 
Total for Sumac Apparel $1,750.00
7DOHQW6KRZ 
7DOHQW6KRZ%DQN)HHV 
7DOHQW6KRZ([SHQVHV 
Total for Talent Show -$170.00
<HDUERRN 
<HDUERRN
WK*UDGH$GV

<HDUERRN%DQN)HHV 
<HDUERRN([SHQVHV 
<HDUERRN6FKRODUVKLS
WK*UDGH

Total for Yearbook $2,450.00
Total for Income $189,810.00
&RVWRI*RRGV6ROG 
Gross Profit $189,810.00
([SHQVHV
$FDGHPLF6XSSOLHV 
'HYHORSPHQWDO6XSSOLHV 
*DUGHQLQJ6XSSOLHV 
/LEUDU\6XSSOLHV 
3(6XSSOLHV 
67(06XSSOLHV 
9$3$6XSSOLHV 
Total for Academic Supplies $8,250.00
&ODVVURRP)XQGV 
$UJDQR 
%HWWLJD 
%LUNHWW 
&DPLROR 
&DVWLOOR 
'LD] 
(UQHQZHLQ 
)UDQN 
*DODQ 
*DQW 
+HQU\ 
.URFN 
0DULQR 
3DORPDU 
Budget Overview_FY2025 Budget (Aug 2024 - Jul 2025)_(1)__Report Sumac Parent Faculty Association
August 1, 2025-July 31, 2026
A !"#$ %#&'& (")&*#+, -".) /0, 1012 0342/ 56 76(8 ;9:

ACCOUNT TOTAL
Peterson 500.00
Pike 500.00
Poretz 500.00
Rasmussen 500.00
Rivera 250.00
Rodriguez 250.00
Shaphran 500.00
Teacher to be hired 500.00
VanNote 500.00
Total for Classroom Funds $10,250.00
Community Events $0.00
5th Grade Activities 1,000.00
Blast Off 3,000.00
Dia de los Muertos $3,000.00
Grant -1,000.00
Total for Dia de los Muertos $2,000.00
Diversity Equity & Inclusion Events 1,500.00
Parent's Night Out 200.00
Teacher Appreciation (SAW) 3,000.00
TK/Kinder Welcome Events 500.00
Total for Community Events $11,200.00
Educational Events $0.00
Assemblies 1,000.00
Field Trips 0.00
Science Fair 3,000.00
STEM Lab Days 15,000.00
Teacher Development Events 1,000.00
Total for Educational Events $20,000.00
PFA Operating Expenses $0.00
Accounting 2,500.00
Bank Fees 100.00
Insurance 450.00
Operating Supplies 500.00
Treasurer Audit 1,000.00
Website 1,000.00
Total for PFA Operating Expenses $5,550.00
Scholarships 2,500.00
School Operating Funds $0.00
Janitorial Supplies 600.00
Principal Fund 1,500.00
Total for School Operating Funds $2,100.00
Budget Overview_FY2025 Budget (Aug 2024 - Jul 2025)_(1)__Report Sumac Parent Faculty Association
August 1, 2025-July 31, 2026
A !"#$ %#&'& (")&*#+, -".) /0, 1012 0342/ 56 76(8 :9:

ACCOUNT TOTAL
Site upgrades 2,000.00
Staffing Expenses $0.00
Garden Specialist 14,000.00
IA/CS 77,100.00
PE Salary 45,000.00
STEM Salary 18,000.00
Total for Staffing Expenses $154,100.00
Uncategorized Expenses 0.00
Total for Expenses $215,950.00
Net Operating Income -$26,140.00
Other Income
Interest Earned 7,500.00
Total for Other Income $7,500.00
Other Expenses 0.00
Net Other Income $7,500.00
Net Income -$18,640.00
Sumac Parent Faculty Association 3/10
2026 Budget vs. 2025 Actuals
August 2025 - July 2026
Total
Actual Budget Remaining

REVENUE
Art Cards 500.00 500.00
Book Fair All 4,920.00 5,000.00 80.00
Book Fair Expenses -4,734.99 -5,300.00 -565.01
Total Book Fair All 185.01 -300.00 -485.01
Company Match 5,851.56 15,000.00 9,148.44
Direct Donation 87,926.75 80,000.00 -7,926.75
Direct Donation Bank Fees -1,943.45 -2,000.00 -56.55
Direct Donation Expenses -640.48 -1,000.00 -359.52
Total Direct Donation 85,342.82 77,000.00 -8,342.82
Family Nights 279.15 -279.15
Gift Wrap 3,465.80 6,000.00 2,534.20
Partybook 3,026.00 5,000.00 1,974.00
Partybook Bank Fees -1.31 -200.00 -198.69
Total Partybook 3,024.69 4,800.00 1,775.31
Paver Sales 1,500.00 1,500.00
Paver Expenses -600.00 -600.00
Total Paver Sales 900.00 900.00
Restaurant/Food Nights 341.27 1,000.00 658.73
Retail/Grocery 993.51 2,000.00 1,006.49
Shoutouts 190.00 200.00 10.00
Shoutouts-Bank Fees -10.61 -20.00 -9.39
Total Shoutouts 179.39 180.00 0.61
Silent Auction 15,000.00 15,000.00
Silent Auction Bank Fees -1,500.00 -1,500.00
Silent Auction/Expenses -100.00 -100.00
Total Silent Auction 13,400.00 13,400.00
Special Events 5,000.00 5,000.00
Special Events Bank Fees -200.00 -200.00
Special Events Expenses -156.28 -4,900.00 -4,743.72
Total Special Events -156.28 -100.00 56.28
Sponsorships 5,575.00 4,500.00 -1,075.00
Sponsorship Expenses -397.24 -500.00 -102.76
Sponsorships Bank Fees -160.58 -100.00 60.58
Total Sponsorships 5,017.18 3,900.00 -1,117.18
Spring Fundraiser (Space Race) 300.00 -300.00
Spring Fundraiser Bank Fees -24.12 -2,500.00 -2,475.88
Spring Fundraiser Donation 70,000.00 70,000.00
Sumac Parent Faculty Association 4/10
Total
Actual Budget Remaining
Spring Fundraiser Expenses -11,000.00 -11,000.00
Spring Fundraiser Sponsorships 457.50 5,000.00 4,542.50 Total Spring Fundraiser (Space Race) 733.38 61,500.00 60,766.62 Sumac Apparel 18,251.00 14,000.00 -4,251.00
Sumac Apparel Bank Fees -470.05 -500.00 -29.95
Sumac Apparel Expenses -15,764.23 -11,750.00 4,014.23
Total Sumac Apparel 2,016.72 1,750.00 -266.72
Talent Show 200.00 200.00
Talent Show Bank Fees -20.00 -20.00
Talent Show Expenses -350.00 -350.00
Total Talent Show -170.00 -170.00
Teacher Appreciation 4,500.00 -4,500.00
Yearbook 3,500.00 3,500.00
Yearbook (5th Grade Ads) 750.00 750.00
Yearbook Bank Fees -150.00 -150.00
Yearbook Expenses -1,500.00 -1,500.00
Yearbook Scholarship (5th Grade) -150.00 -150.00
Total Yearbook 2,450.00 2,450.00
Total Revenue 111,774.20 189,810.00 78,035.80
GROSS PROFIT 111,774.20 189,810.00 78,035.80

EXPENDITURES
Academic Supplies
Developmental Supplies 49.99 500.00 450.01
Gardening Supplies 3,621.77 3,500.00 -121.77
Gardening Grant (Sprout's) -5,000.00 5,000.00
Total Gardening Supplies -1,378.23 3,500.00 4,878.23
Library Supplies 1,000.00 1,000.00
PE Supplies 250.00 250.00
STEM Supplies 2,700.00 3,000.00 300.00
VAPA Supplies 0.00 0.00
Total Academic Supplies 1,371.76 8,250.00 6,878.24
Advertising/Marketing 394.09 -394.09
Charity Registration Fees 75.00 -75.00
Classroom Funds 0.00 0.00
Argano 500.00 500.00
Bettiga 156.41 500.00 343.59
Birkett 488.01 500.00 11.99
Camiolo 250.00 250.00
Castillo 500.00 500.00 0.00
Sumac Parent Faculty Association 5/10
Total
Actual Budget Remaining
Diaz 227.96 500.00 272.04
Duarte 500.00 -500.00
Ernenwein 500.00 500.00
Frank 500.00 500.00
Galan 250.00 250.00
Gant 500.00 500.00
Hanaman 73.38 -73.38
Henry 324.15 500.00 175.85
Krock 500.00 500.00 0.00
Marino 250.00 250.00
Palomar 500.00 500.00
Peterson 500.00 500.00
Pike 500.00 500.00
Poretz 500.00 500.00
Rasmussen 500.00 500.00
Rivera 250.00 250.00
Rodriguez 250.00 250.00 0.00
Shaphran 500.00 500.00
Teacher to be hired 500.00 500.00
VanNote 500.00 500.00
Total Classroom Funds 3,019.91 10,250.00 7,230.09
Community Events 206.86 -206.86
5th Grade Activities 1,000.00 1,000.00
Blast Off 2,068.70 3,000.00 931.30
Dia de los Muertos 1,481.59 3,000.00 1,518.41
Grant -2,000.00 -1,000.00 1,000.00
Total Dia de los Muertos -518.41 2,000.00 2,518.41
Diversity Equity & Inclusion Events 350.00 1,500.00 1,150.00 Family Movie Night -73.26 73.26
Family Science Night 815.48 -815.48
Parent's Night Out -157.63 200.00 357.63
Teacher Appreciation (SAW) 5,308.50 3,000.00 -2,308.50
TK/Kinder Welcome Events 231.57 500.00 268.43
Total Community Events 8,231.81 11,200.00 2,968.19
Educational Events
Assemblies 350.00 1,000.00 650.00
Field Trips 0.00 0.00
Science Fair 2,240.74 3,000.00 759.26
STEM Lab Days 4,105.00 15,000.00 10,895.00
Sumac Parent Faculty Association 6/10
Total
Actual Budget Remaining
Teacher Development Events 500.00 1,000.00 500.00
Total Educational Events 7,195.74 20,000.00 12,804.26
PFA Operating Expenses 321.71 -321.71
Accounting 2,500.00 2,500.00
Bank Fees 100.00 100.00
Insurance 450.00 450.00
Office/General Administrative Expenditures -27.06 27.06 Operating Supplies 500.00 500.00
Treasurer Audit 1,000.00 1,000.00
Website 1,000.00 1,000.00
Total PFA Operating Expenses 294.65 5,550.00 5,255.35
Scholarships 2,603.75 2,500.00 -103.75
School Operating Funds
Janitorial Supplies 600.00 600.00
Principal Fund 294.28 1,500.00 1,205.72
Total School Operating Funds 294.28 2,100.00 1,805.72
Site upgrades 2,000.00 2,000.00
Staffing Expenses 66,686.82 -66,686.82
Garden Specialist 14,000.00 14,000.00
IA/CS 77,100.00 77,100.00
PE Salary 45,000.00 45,000.00
STEM Salary 18,000.00 18,000.00
Total Staffing Expenses 66,686.82 154,100.00 87,413.18
Uncategorized Expenses 0.00 0.00
Total Expenditures 90,167.81 215,950.00 125,782.19
NET OPERATING REVENUE 21,606.39 -26,140.00 -47,746.39

OTHER REVENUE
Interest Earned 2,352.94 7,500.00 5,147.06
Total Other Revenue 2,352.94 7,500.00 5,147.06
NET OTHER REVENUE 2,352.94 7,500.00 5,147.06
NET REVENUE $23,959.33 $ -18,640.00 $ -42,599.33
Sumac Parent Faculty Association 7/10
Statement of Financial Position (Balance Sheet)
As of February 8, 2026
Total
ASSETS
Current Assets
Bank Accounts
Cash on hand 0.00
QB Checking (1062) 237,674.80
WF Checking (0960) 90,912.27
WF Savings (0113) 12,915.91
Total Bank Accounts 341,502.98
Accounts Receivable
Accounts Receivable (A/R) 0.00
Total Accounts Receivable 0.00
Total Current Assets 341,502.98
TOTAL ASSETS $341,502.98

LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts Payable
Accounts Payable (A/P) 28,636.00
Total Accounts Payable 28,636.00
Other Current Liabilities
Student Council 439.73
Total Other Current Liabilities 439.73
Total Current Liabilities 29,075.73
Total Liabilities 29,075.73
Equity
Opening Balance Equity 195,699.31
Retained Earnings 92,768.61
Net Revenue 23,959.33
Total Equity 312,427.25
TOTAL LIABILITIES AND EQUITY $341,502.98
Sumac Parent Faculty Association 8/10
A/P Aging Summary
As of February 8, 2026
Current 1 - 30 31 - 60 61 - 90 91 and over Total
Influential Walls 24,500.00 24,500.00
LVUSD 4,136.00 4,136.00
Scholastic Book Fairs 0.00 0.00
TOTAL $0.00 $0.00 $0.00 $0.00 $28,636.00 $28,636.00
Sumac Parent Faculty Association 9/10
Check Detail (Uncleared)
All Dates
Date Num Name Memo/Description Amount
WF Checking (0960)
06/13/2023 3931 LVUSD Outdoor Ed capped at $500 -500.00 03/12/2024 4014 Bowlero (Oxnard) 5th Grade End of Year Party '24 -582.69 10/24/2024 4099 Alison Rivera Classroom Funds 24/25 0.00 10/30/2024 4101 AIM 24-25 PFA Insurance -375.00
12/17/2024 4121 Santa Barbara Zoo
3rd Grade Field Trip Santa Barbara
Zoo -552.00
04/11/2025 4158 Towhee Gardens
Balance Due for New Sod in TK
Yard -825.00
05/21/2025 4190 LVUSD Voided - Author Visit 0.00
06/04/2025 4200 Carol Mallett STEAM Supplies 24/25 -300.00 08/04/2025 4221 Mister Softee
Blank Check - Blast Off 25/26 -
ADD INVOICE # ? 0.00
01/13/2026 4291 Lizbeth Duarte (reimbursement) Classroom Funds - 25/26 -500.00 01/20/2026 4297 Nicolas Hanaman
Family Science Night - Various
Supplies - 25/26 -532.86
01/28/2026 4298 LVUSD Outdoor Ed - 25/26 -760.00
Sumac Parent Faculty Association 10/10
Date Num Name Memo/Description Amount
01/28/2026 4300 Nicolas Hanaman
Family Science Night - Various
Supplies - 25/26 -282.62
01/28/2026 4301 Nicolas Hanaman Classroom Fund - 25/26 -73.38 02/04/2026 4302 Amelia Tavares SAW - Gift for Roberto -25/26 -110.11 02/04/2026 4303 Nicolas Hanaman
Science Fair - Tri-Fold Poster
Boards, Participation Ribbons etc -
25/26 -418.20
02/04/2026 4304 Jade Lotus Lion Dance at UCLA
Jade Lotus Lion Dance Assembly -
25/26 -350.00

TOPANGA BANJO FIDDLE CONTEST/FOLK FESTIVAL
City of Agoura Hills
Community Outreach Grant Program Agoura Hills
Organization Name: Topanga Banjo^Fiddle Contest and Folk Festival Organization Address: (Must be Local): PQ Box 571955, Tarzana, CA 91357 Grant Representative Contact
Name: Katya Culberg Phone: 323/770-4101
Address* 3 Gretna Green Way, Los Angeles, CA 90049
Description of Community Services Provided: T°Pan9a Banj° and Flddle <TBFC)is one of the oldest sinuously held music events in the country. We are dedicated to the celebration, preservation, and advancement of "old timey" music - bluegrass, folk and Americana - through our annual all-day outdoor event Now in our 64 year, we continue this long-standing tradition TBFC 2026 will provide thousands of people an affordable, outdoor, non-commericial community opportunity in which to experience the joy of acoustic music, folk singing and folk dancing We offer contests and workshops in the area of Banjo, Fiddle, (Acoustic) Guitar and Mandoline, as well as singing, traditional dance and open jamming. Contest levels range from beginner to advanced and ages from 7 to 77 The event is 100% volunteer driven and based on sponsorship, and other financial support. The proceeds go 100% to support and promote traditional music and dance programs List Area(s) Served by Organization | Include Number of Agoura Hills Residents | Provide Description of Relationship Organization to Agoura Hills Residents:

TBFC has been held at the Paramount Ranch for decades. This year, we planned to be back there but at the last minute we learned that the re-build from the Woolsey fire is not sufficiently ready to host us and, instead, we will again be just down the road at King Gillette Ranch. The event serves Agoura as well as the entire Santa Monica Mountains community The relationship creates a benefit for all of Agoura that is financial, cultural and artistic. TBFC serves the community by giving accees to bands and music experiences not normally accessible to the community at large Fund Amount Requested: 5,000
Proposed Use and Budget Plan for Grant Funds: (Include details) Agotra There is a particular need this year because we had planned on being back at Paramount Ranch but as it turned out it is still being re-built following the Woolsey Fire and is not yet sufficiently along for us to hold the event there Instead, we are again holding the event at King Gillette Ranch, which is notably more costly than Paramount Ranch Ranch The grant will help to pay for the additional costs as well as off-set judges fees Have You Received Grant Funding From the City of Agoura Hills in the Past?:

YES l/ NO — If Yes: Year Received? 2025 Amount: 1500
Additional Documentation: (Anything else we should know about your organization?) Supplemental Documentation Checklist:
501(c)(3) paperworkproof ofstatus- (ifyou are a NEW applicant, please include ByLaws/Ai tides ofIncoipoiation) Income statement and balance sheet for current year. Include document indicating percentage ofrevenue ----- received that is used for administration, salaries and program costs.

Breakdown and description of organization's sources(s) ofrevenue.

I would like to attend the Finance Subcommittee Meeting to be held in mid-May 2026.

Please do NOT include any images or protected documents.

Total
Revenue
5800 Special Events
5830 In-Kind Donations $ 1,000
Total 5800 Special Events $ 1,000
6999 Uncategorized Income $ 26,679
Total Revenue $ 27,679
Expenditures
7500 Contract Service Expenses
7520 Accounting $ 520
Total 7500 Contract Service Expenses $ 520
8100 Non-personnel Expenses
8170 Subscriptions $ 257
Total 8100 Non-personnel Expenses $ 257
8200 Operating Expenses
8210 Office & Storage Rent $ 103
8290 Depreciation & Amortization $ 19
Total 8200 Operating Expenses $ 122
8400 Other Program Specific Expenses
8410 Venue & Parking Lot Rental $ 10,000
Total 8400 Other Program Specific Expenses $ 10,000
8500 Other Expenses
8550 Bank Fees $ 102
8570 Advertising Expenses $ 94
8580 Business Taxes & Licensing Fees $ 20
Total 8500 Other Expenses $ 215
8999 Uncategorized Expense $ 761
Topanga Banjo Fiddle Contest & Folk Festival
Statement of Activity
March 2026
Total Expenditures $ 11,875
Net Revenue $ 15,805
t　　●　ヽ」「 ●　　　■′ヽ.書へ　　　`iC主nc主調門ati
I
O門∴∴互ら之寄工
TO巨ANGA BANJO FIDDLE CONTEST AND
FO」に　FESTIVAL INC
PO BOX　ら了19らち
TARZANA CA　913ら了-工955
Feb.∴20, 2018　LTR∴4168C
9ら-喜色2648午　　00寄000　00
0 00019186
BODC;丁E
E鵬ロl寄ye「工職　N青桐be「:∴∴9ら-3患2招8ヰ
Form∴990　reQu土red;　Yes
Dea予　丁合xp鎖ye予さ
This is in respons寝t寄∴yaur requeSt dated F合b・ 08,12018′　regard土ng your∴セax-eXe鵬Pt StatuS.
we issued you a d合te間ination letter∴in August 198l′ 「eCOgnizing you as tax-eXe岬t under Internal Revg刷e Cnde (IRC) SectionらOl(c) (05〕・　　　　　　　　　　　　1
0ur reco買s aユSO indicate you年e !|Ot∴a町ivate faundation as defined urrder　工RC Section　ら09(a) because you're described in IRC Section ら09(a)〔2).

I)onors can deduct ccmtributions tl`ey make to you aS∴P「OV王ded in IRC section 170. You’「e also qualified to rece王ve tax deductible bequests′ legaciesJ devises' tranSfe「s, Or∴gifts under　工RC Sections 205う, 2106’ and　之ら22.

Irl the∴heading of this lette「′∴We王ndicated whethe「 you皿st file an annual info冊ation return. If a∴「etし一rn is requi「ed’ yOu∴muSt file Fo「m 990, 990漢EZ|　990-NJ Or 990-PF by the lらth day∴Of the fifth month after 軸e end of yo即、∴an冊al account王ng pe「iod. IRC Section∴60議〔j) p「OVides thatJ if yoし章∴ on’t file a required an…al information return o「 nOtice 轟r three∴cQnSeCut主Ve∴ye盆rS'　yOし”いeXemPt StatuS-Will be automatically revoked∴on軸e f土工ing due date of軸e軸ird requi「ed return o「 nOt土ce.

For t急x forms′ inst「uct王ons, and叩blications’ Visit www.irs・gOV Or Ca11 1T800-TAX十〇RM (l-800-829-36了6).

If youl have questions′　Call l-8了7-829置5ら00∴between 8 a.m. and 5 p・m.’ |oca| time′　Monday軸rough F「iday 〔Alaska and Hawaii fo11ow Pac主fic 丁i鵬e).

WE ROCK/MY BROTHER ROCKS THE SPECTRUM

My Brother Rocks The Spectrum Foundation - Nonprofit Explorer - ProPublica 4/13/26, 10:07 AM https://projects.propublica.org/nonprofits/organizations/464393642 Page 1 of 3 My Brother Rocks The Spectrum Foundation
Tarzana, CA Tax-exempt since March 2014 EIN: 46-4393642 Subscribe Receive an email when new data is available for this organization.

Type of Nonpro+it
Designated as a 501(c)(3)
Category: Diseases, Disorders, Medical Disciplines / Fund Raising and/or Fund Distribution (NTEE)
Donations to this organization are tax deductible.

Revenue
$48.3k (2017)
Expenses
$60.5k (2017)
Total Assets
$3.12k (2017)
Total Liabilities
$10.4k (2017)
Source: Form 990 tax Kilings from 2014 to 2017
Tax Filings by Year
Form 990 is an information return that most organizations claiming federal taxexempt status must Kile yearly with the IRS. Show more See an issue with the data?
Fiscal Year Ending Dec.
2017 Revenue JKL,NLN
Expenses

JOP,KQN
Net Income
-JSN,STP
Net Assets
-JT,NOU
+ View More Financial Data
Compensation
990-EZ
Filed on Nov. 14, 2018
Short form tax return for a nonproKit’s activities,
Kinances, and governance
2014 2017 $0
$50k
$100k
$150k
$200k
$250k
2014 2017 $0
$50k
$100k
$150k
$200k
$250k
2014 2017 $0
$2k
$4k
$6k
$8k
2014 2017 $0
$2k
$4k
$6k
$8k
$10k
$12k
Contact Us
View Filing Form 990-EZ Schedules ▼ PDF
XML
My Brother Rocks The Spectrum Foundation - Nonprofit Explorer - ProPublica 4/13/26, 10:07 AM https://projects.propublica.org/nonprofits/organizations/464393642 Page 2 of 3 Key Employees and OLicers Compensation Other
Dina Kimmel (President & Ceo) `a `a
Shelly Burbo (Vice President) `a `a
Fiscal Year Ending Dec.
2016 Revenue JOP,S[T
Expenses

JQQ,PLL
Net Income
JQ,PKU
Net Assets
JK,UPS
+ View More Financial Data
Compensation
Key Employees and OLicers Compensation Other
Dina Kimmel (President & Ceo) `a `a
Shelly Burbo (Vice President) `a `a
990-EZ
Filed on Nov. 16, 2017
Short form tax return for a nonproKit’s activities,
Kinances, and governance
Fiscal Year Ending Dec.
2015 Revenue JKT,KOU
Expenses

JQK,SSQ
Net Income
-JO,OKO
Net Assets
-JSKL
+ View More Financial Data
Compensation
Key Employees and OLicers Compensation Other
Dina Kimmel (President & Ceo) `a `a
Tim Kimmel (Vice President) `a `a
Melisa Stahl (Treasurer) `a `a
+ View more people
990-EZ
Filed on Nov. 16, 2016
Short form tax return for a nonproKit’s activities,
Kinances, and governance
Fiscal Year Ending Dec.
2014 Revenue JNS[,OPK
Expenses

JNPT,SPO
Net Income
JO,KUL
Net Assets
JO,KUL
+ View More Financial Data
Compensation
Key Employees and OLicers Compensation Related Other
Dina Kimmel (President & Ceo) `a `a `a
Tim Kimmel (Vice President) `a `a `a
990
Filed on Nov. 14, 2015
Primary tax return for a nonproKit’s activities,
Kinances, and governance
990-EZ
Short form tax return for a nonproKit’s activities,
Kinances, and governance
View Filing Form 990-EZ Schedules ▼ PDF
XML
View Filing Form 990-EZ Schedules ▼ PDF
XML
View Filing Form 990 Schedules ▼ XML
PDF
My Brother Rocks The Spectrum Foundation - Nonprofit Explorer - ProPublica 4/13/26, 10:07 AM https://projects.propublica.org/nonprofits/organizations/464393642 Page 3 of 3 Melisa Stahl (Treasurer) `a `a `a
+ View more people
About This Data
What Is This Data?
Which Organizations Are Here?
Types of NonproIits
Get the Data
API
See an issue with the data?
Nonpro+it Explorer
Browse millions of annual returns Kiled by tax-exempt organizations with ProPublica’s NonproKit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of Kilings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jef Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-Kile viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated March 23, 2026
Contact Us

INTERNAL REVENUE SERVICE
P. 0. BOX 2508
CINCINNATI, OH 45201
Date: MAR 2 1 2014

MY BROTHER ROCKS THE SPECTRUM

FOUNDATION
5520 CREBS AVE
TARZANA, CA 91356
Dear Applicant:

DEPARTMENT OF THE TREASURY
Employer Identification Number:
46-4393642
DLN:
17053052304004
Contact Person:

PAUL F CAPPEL II
Contact Telephone Number:
(877) 829-5500
Accounting Period Ending:

December 31
Public Charity Status:
170 (b) (1) (A) (vi)
Form 990 Required:

Yes
Effective Date of Exemption:

December 18, 2013
Contribution Deductibility:

Yes
Addendum Applies:

No
ID# 31665
We are pleased to inform you that upon review of your application for tax exempt status we have determined that you are exempt from Federal income tax under section 501(c) (3) of the Internal Revenue Code. Contributions to you are deductible under section 170 of the Code. You are also qualified to receive tax deductible bequests, devises, transfers or gifts under section 2055, 2106 or 2522 of the Code. Because this letter could help resolve any questions regarding your exempt status, you should keep it in your permanent records.

Organizations exempt under section 501(c) (3) of the Code are further classified as either public charities or private foundations. We determined that you are a public charity under the Code section(s) listed in the heading of this letter.

For important information about your responsibilities as a tax-exempt organization, go to www.irs.gov/charities. Enter "4221-PC" in the search bar to view Publication 4221-PC, Compliance Guide for SOl(c) (3) Public Charities, which describes your record.keeping, reporting, and disclosure requirements.

Letter 947

WILLOW ELEMENTARY

PFA of Willow Elementary
Budget vs. Actuals: 2025-2026 Budget - FY26 P&L
August 2025 - July 2026
Accrual Basis Monday, April 13, 2026 10:07 PM GMT-07:00 1/4 TOTAL
ACTUAL BUDGET OVER BUDGET % OF BUDGET
Income
16-Minute Club Income 3,810.00 2,500.00 1,310.00 152.40 % 1st Day School Supplies 1,805.00 2,000.00 -195.00 90.25 % 27-Minute Club Income 15,830.18 16,000.00 -169.82 98.94 % 5th Grade Class Fund Income 3,519.89 3,519.89
Apex Fun Run 69,000.00 -69,000.00
Art Fundraiser 1,500.00 -1,500.00
Bank interest received 4,613.84 5,000.00 -386.16 92.28 % Donation Drive 144,490.59 135,000.00 9,490.59 107.03 %
Matching Funds 10,127.82 13,500.00 -3,372.18 75.02 %
Total Donation Drive 154,618.41 148,500.00 6,118.41 104.12 % End of Year Event 4,000.00 -4,000.00
Fall - Dads Night Out 2,000.00 -2,000.00
Fall - Moms Night Out 2,000.00 -2,000.00
Family Dance Income 7,000.00 -7,000.00
Field Trips 12,855.93 20,000.00 -7,144.07 64.28 %
Grants 300.00 7,500.00 -7,200.00 4.00 %
Cafa CyberGrant 2,200.00 2,200.00
City Grant - Agoura 1,000.00 0.00 1,000.00
Garden Grant - Whole Foods 0.00 0.00
Total Grants 3,500.00 7,500.00 -4,000.00 46.67 %
Kroger Inc - Income 1,255.52 2,000.00 -744.48 62.78 %
Mini Photo Shoot Income 1,707.99 3,000.00 -1,292.01 56.93 % Mrs Fogelson - Teacher Fund Income 700.00 700.00
Mrs Moore - Teacher Fund Income 450.00 450.00
Musicals - Income 899.33 6,500.00 -5,600.67 13.84 %
Raise Craze 37,878.34 29,000.00 8,878.34 130.61 %
Restaurant Nights 500.00 -500.00
Silent Auction 37,231.31 30,000.00 7,231.31 124.10 %
Sponsorship 1,466.70 3,000.00 -1,533.30 48.89 %
Spring - Parents Night Out 19,520.46 5,000.00 14,520.46 390.41 % Teacher Time Raffle 2,000.00 -2,000.00
Willow Idol (Formerly known as "Willow's Got Talent") 1,319.43 1,000.00 319.43 131.94 % Willow Parties 2,000.00 -2,000.00
Willow Wear Income 4,952.05 9,000.00 -4,047.95 55.02 %
Yearbook Income 16,000.00 -16,000.00
Total Income $307,934.38 $396,000.00 $ -88,065.62 77.76 % GROSS PROFIT $307,934.38 $396,000.00 $ -88,065.62 77.76 % Expenses
Art Program (Lynn Carlson) 200.00 -200.00
Bank Charges 100.00 -100.00
Campus Updates
Misc yearly campus updates and beautification 250.00 -250.00 PFA of Willow Elementary
Budget vs. Actuals: 2025-2026 Budget - FY26 P&L
August 2025 - July 2026
Accrual Basis Monday, April 13, 2026 10:07 PM GMT-07:00 2/4 TOTAL
ACTUAL BUDGET OVER BUDGET % OF BUDGET
Total Campus Updates 250.00 -250.00
District Salaries
Campus Supervisor 0.00 0.00
Campus Supervisors/Instructional Assts 74,497.88 156,492.00 -81,994.12 47.60 % Garden Specialist 6,678.00 -6,678.00
Instructional Assistants 0.00 0.00
PE Specialist 41,737.50 67,890.00 -26,152.50 61.48 %
Total District Salaries 116,235.38 231,060.00 -114,824.62 50.31 % Event Expenses
5th Grade Class Fund - Expenses 2,819.50 4,000.00 -1,180.50 70.49 % Apex Fun Run - Expenses 34,000.00 -34,000.00
Dodger Parade 495.83 600.00 -104.17 82.64 %
Donation Drive Event Supplies 2,163.95 1,500.00 663.95 144.26 % End of Year Community Event - Expenses 4,000.00 -4,000.00 Fall - Dads Night Out - Expenses 1,500.00 -1,500.00
Fall - Moms Night Out - Expenses 1,500.00 -1,500.00
Family Dance - Expenses 722.82 4,000.00 -3,277.18 18.07 % Field Trips (All Grades) 12,794.48 20,200.00 -7,405.52 63.34 % Mini Photo Shoot - Expenses 1,107.99 1,000.00 107.99 110.80 % Musicals - Expense 4,500.00 -4,500.00
Raise Craze - Expenses 1,707.56 2,000.00 -292.44 85.38 % Science Fair - Expenses 968.24 500.00 468.24 193.65 %
Silent Auction - Expenses 2,190.48 2,190.48
Spring - Parents Night Out - Expenses 16,642.61 2,000.00 14,642.61 832.13 % Teacher Time Raffle - Expenses 500.00 -500.00
Willow Idol - Expenses 193.16 500.00 -306.84 38.63 %
Willow Wear Expense 271.83 5,000.00 -4,728.17 5.44 %
Yearbook - Expenses 2,533.08 12,500.00 -9,966.92 20.26 % Total Event Expenses 44,611.53 99,800.00 -55,188.47 44.70 % Garden Materials 457.97 4,000.00 -3,542.03 11.45 %
Hospitality 1,098.62 1,098.62
TAW Budget 2,000.00 -2,000.00
Year budget for all other hospitality 2,700.00 -2,700.00 Total Hospitality 1,098.62 4,700.00 -3,601.38 23.37 %
Innovation Station 480.40 900.00 -419.60 53.38 %
Instructional Materials Allowance 232.87 200.00 32.87 116.44 % Albertson 141.68 750.00 -608.32 18.89 %
Astrachan 875.00 900.00 -25.00 97.22 %
Bauwens 434.10 750.00 -315.90 57.88 %
Borg 438.78 750.00 -311.22 58.50 %
Boss 200.00 -200.00
Cabral 0.00 0.00
Cardoso Vera 200.00 200.00 0.00 100.00 %
PFA of Willow Elementary
Budget vs. Actuals: 2025-2026 Budget - FY26 P&L
August 2025 - July 2026
Accrual Basis Monday, April 13, 2026 10:07 PM GMT-07:00 3/4 TOTAL
ACTUAL BUDGET OVER BUDGET % OF BUDGET
Carlisle 750.00 -750.00
Carter 686.24 850.00 -163.76 80.73 %
Debolt 697.25 750.00 -52.75 92.97 %
Fenton 750.00 -750.00
Fogelson 861.91 850.00 11.91 101.40 %
Hart & Riessen 750.00 -750.00
Hassan 900.00 -900.00
Johnson 213.11 750.00 -536.89 28.41 %
Lachman 400.00 -400.00
Licht 58.26 750.00 -691.74 7.77 %
Madden 326.58 750.00 -423.42 43.54 %
Moore 701.89 750.00 -48.11 93.59 %
Quinonez 900.00 900.00 0.00 100.00 %
Shapiro 48.37 750.00 -701.63 6.45 %
Smith 200.00 -200.00
Sonne 155.35 200.00 -44.65 77.68 %
Stone 141.21 750.00 -608.79 18.83 %
Thomason 390.80 750.00 -359.20 52.11 %
Walsh 291.03 400.00 -108.97 72.76 %
Weber 200.00 -200.00
Total Instructional Materials Allowance 7,794.43 16,900.00 -9,105.57 46.12 % Insurance 785.00 1,000.00 -215.00 78.50 %
Kinder Play Dates 321.76 250.00 71.76 128.70 %
Library Materials Allowance (September Cirri) 2,177.45 2,800.00 -622.55 77.77 % Misc. Expenses
Admin Day, Labor Day, Cross Guard Appreciation Day 500.00 -500.00 Assemblies -241.79 1,000.00 -1,241.79 -24.18 %
DEI 500.00 -500.00
Kindness Week Expenses 100.00 -100.00
Multicultural Fair 1,111.19 500.00 611.19 222.24 %
Nurse / Medical - Expenses 149.59 200.00 -50.41 74.80 % Paw Prints - Expense 500.00 -500.00
Principal Expenses 557.27 500.00 57.27 111.45 %
Red Ribbon Week Expenses 500.00 100.00 400.00 500.00 %
Safety 500.00 -500.00
Student Council 100.00 -100.00
Substitute Expense 750.00 -750.00
Wildcat Walk / Run Club - Expenses 200.00 -200.00
Total Misc. Expenses 2,076.26 5,450.00 -3,373.74 38.10 % Outdoor Ed 1,880.00 2,000.00 -120.00 94.00 %
PE Equipment 100.00 -100.00
Read-a-Thon Expenses 1,044.24 500.00 544.24 208.85 %
Reading Specialist - Shannan Harveson 300.00 -300.00
PFA of Willow Elementary
Budget vs. Actuals: 2025-2026 Budget - FY26 P&L
August 2025 - July 2026
Accrual Basis Monday, April 13, 2026 10:07 PM GMT-07:00 4/4 TOTAL
ACTUAL BUDGET OVER BUDGET % OF BUDGET
Science Program 2,037.51 2,000.00 37.51 101.88 %
Subscriptions 0.00 0.00
FrontStream (Silent Auction) 939.75 1,000.00 -60.25 93.98 % Ink Budget - Building A 120.00 -120.00
Ink Budget - Building B 32.37 180.00 -147.63 17.98 %
Ink Budget - Building D 166.12 300.00 -133.88 55.37 %
Ink Budget - Building E 240.00 -240.00
Ink Budget - Building F 180.00 -180.00
Ink Budget - Building K 124.87 120.00 4.87 104.06 %
Ink Budget - Building P 240.00 -240.00
Ink Budget - Library 60.00 -60.00
Ink Budget - Walsh 60.00 -60.00
IXL Learning 6,093.75 7,000.00 -906.25 87.05 %
Renaissance Accelerated Reader 2,886.75 3,124.00 -237.25 92.41 % Scholastic 6,268.91 6,655.00 -386.09 94.20 %
School Datebooks / SDI Innovations 1,257.53 1,471.00 -213.47 85.49 % Total Subscriptions 17,770.05 20,750.00 -2,979.95 85.64 % Supplies & Stationary 421.58 1,440.00 -1,018.42 29.28 % Taxes 2,075.00 2,000.00 75.00 103.75 %
Trunk or Treat Expenses 2,804.40 1,500.00 1,304.40 186.96 % Welcome Week Expense 715.70 600.00 115.70 119.28 %
Total Expenses $204,787.28 $398,600.00 $ -193,812.72 51.38 % NET OPERATING INCOME $103,147.10 $ -2,600.00 $105,747.10 -3,967.20 % Other Expenses
Other Miscellaneous Expense
Prior Year Expense 2,940.00 2,940.00
Total Other Miscellaneous Expense 2,940.00 2,940.00
Total Other Expenses $2,940.00 $0.00 $2,940.00 0.00%
NET OTHER INCOME $ -2,940.00 $0.00 $ -2,940.00 0.00%
NET INCOME $100,207.10 $ -2,600.00 $102,807.10 -3,854.12 %

YERBA BUENA ELEMENTARY

Proposed Use and Budget Plan for Grant Funds:
• The PFA subsidizes the out-of-pocket fees associated with student field trips for those families unable to afford this cost. We ensure no student is ever excluded from these types of activities due to their family's financial hardship. Requesting $500.
• TK is requesting outdoor planter boxes to incorporate gardening into their curriculum. The planter boxes have been donated but teachers and parents are asking PFA to help fund the supplies such as soil, gardening tools and seeds. Requesting $175
• Our school needs additional art supplies to fund our Bobcat Art Collective, which is a program run by parent volunteers who bring in additional art lessons to each classroom. This teaches the kids new Artists, technique and composition. Requesting $1500
TOTAL: $2,175
BUDGET: Jul 2026-Jun 2027
Projected Projected Projected NOTES Expenses Income Profit / Loss Revenue Direct Donation Drive $2,000 $93,000 $91,000
Corporate Matching $0 $3,000 $3,000
Buttercup Funds $3,000 $3,000 $0 BC will manage on their own 0 After School Enrichment / 27 Minute Club $7,500 $16,000 $8,500 $475 at 65 kids TK Stay and Play $28,000 $31,000 $3,000 $700 kinder/ 1k TK City of Agoura Grant $0 $1,000 $1,000 Kroger/Ralph's Passive Income $0 $1,500 $1,500
1st Day School Supplies Online $0 $1,000 $1,000
Interest Income $0 $8,000 $8,000
YB Online, Social, Marquee & Banner Sponsorships $0 $1,300 $1,300 Birthday Messages (Marquee, Signs, etc.) $0 $900 $900
Spirit Wear - In-person sales $9,000 $11,000 $2,000
Spirit Wear - Online - Threadless.com $0 $0 $0
Yearbook $8,200 $8,300 $100 as of 3.11.26 $5620 Yearbook Pictavo 5th Grade Ads $0 $2,500 $2,500 Annual Fundraising Events Fall PNO $3,000 $4,000 $1,000 Fall Fundraiser $350 $10,000 $9,650 used to be read a thon Fall Book Fair $100 $2,600 $2,500 Winter Show Bake Sale $100 $1,400 $1,300 Fun Run $15,000 $62,000 $47,000
Spring Book Fair $100 $1,500 $1,400
Spring Book Fair Kickoff event Pancake Breakfast $250 $250 $0 Restaurant Nights $0 $1,000 $1,000
Yerba Buengo $800 $3,000 $2,200
Talent Show Concessions and Flowers $200 $400 $200
Talent Show Decorations at PAEC $50 $0 -$50
Family Fun Dance $2,000 $2,000 $0 Raise ticket sales to $10 Bobcat Open Golf Tournament $4,000 $6,000 $2,000 estimate of revenue?$200 x30 Auction (Website Fees, etc.) $2,200 $21,200 $19,000 Expenses
PFA - Operational Credit card merchant fees $9,000 $0 -$9,000 Insurance $500 $0 -$500
General Accounting Stationery, Stamps, & Supplies $500 $0 -$500 PFA President Discretionary Fund $500 $0 -$500
Principal's Discretionary Fund $500 $0 -$500
PFA Site Hosting $114 $0 -$114 Charitable Trust Renewal $30 $0 -$30 Tax Filing Fees $2,500 $0 -$2,500 SMS Platform $612 $0 -$612 Campus Events / Student Activities Summer Kinder Meet & Greet Picnics $100 $0 -$100 Back to School Decorations $100 $0 -$100 Reyes Adobe Float Decor $300 $0 -$300
Back to School Family Event $1,800 $300 -$1,500
Truck or Treat $100 $600 $500 Winter Show Decorations $100 $0 -$100 Science Fair Night/Math Night $1,500 $100 -$1,400
Open House Art Show Set-up / Decorations $200 $0 -$200
Campus Beautification $3,000 $0 -$3,000
Recess Arts & Crafts/ Bobcat Art Collective $1,500 $0 -$1,500 4th/5th CA Explorers $1,900 $1,500 -$400 *ask for $15 donation per student Yerba Buena
YB Teacher Supplies $10,000 $0 -$10,000
Library Collection Growth & Misc. Supplies $3,500 $0 -$3,500 Innovation Station Project Supplies $2,000 $0 -$2,000
P.E. / Athletics Supplies $250 $0 -$250
Performing Arts Teacher Supplies $200 $0 -$200
Student Council Supplies $150 $0 -$150 Choir Donations $1,500 $5,000 $3,500 Staff Appreciation Week Luncheon Catering $500 $0 -$500 Staff Gifts $1,500 $0 -$1,500
Staff Luncheons - Decorations $600 $0 -$600
Monthly staff lounge decorations $500 $0 -$500
5th Grade Class Fund, including bus for promotion
party $4,300 $0 -$4,300
5th Grade ODE Scholarships $1,500 $0 -$1,500
Durham Bus Services for TK-5 field trips, not
including 5th grade promotion party $5,000 $5,000 $0
Homework Organizers (Grades 4-5) $570 $300 -$270
Health Office Supplies $400 $0 -$400
Instructional Aides $94,380 $0 -$94,380
PE Specialist $68,100 $0 -$68,100
DEI Initiatives - Events & Programs $1,000 $0 -$1,000
Schoolwide Assemblies $2,000 $0 -$2,000
Total Projected Revenue $309,650
Total Projected Expenses $308,656
Total Projected Profit/Loss $994 $994

REPORT TO FINANCE SUBCOMMITTEE
DATE: JUNE 1, 2026
TO: HONORABLE MEMBERS OF THE FINANCE SUBCOMMITTEE
FROM: NATHAN HAMBURGER, CITY MANAGER
BY: DIEGO IBANEZ, DIRECTOR OF FINANCE
SUBJECT:

REVIEW AND PRESENT THE PROPOSED MID-CYCLE BIENNIAL FISCAL YEAR BUDGET FOR 2025- 26 & 2026-27
As part of the biennial budgeting process, the City Manager and Finance staff are presenting to the Finance Subcommittee of the City the Agoura Hills proposed Mid-cycle Budget for Fiscal Year 2026-27 of the approved City of Agoura Hills adopted biennial budget 2025-26 & 2026-27.

BACKGROUND
On June 23, 2025, the City of Agoura Hills’ City Council discussed and approved the collective biennial City Council budget for the fiscal years 2025-26 & 2026-27 budget cycle.

The Mid-Cycle process allows staff to present to the Finance Subcommittee a review of the forecasts and strategic assumptions that were taken into consideration when the budget was created. Since adoption, staff have been able to monitor economic trends, review revenue performance, and evaluate current City projects. This process has allowed Staff to incorporate new information (such as updated revenue projections and expenditure adjustments) and ensure that the second year of the budget remains, balanced, responsive, and aligned with the City Councils’ goals.

Although the Mic-Cycle review focuses on the City's General Fund, this staff report also provides an update for other funds where fiscal changes are noted. Considering current economic conditions and the most recent operating analysis, staff updated the assumptions and projections incorporated in the City's five-year financial forecast for the General Fund. This long-term forecast establishes an appraisal of fiscal sustainability beyond the current budget cycle, providing important context to the annual budget process.

GENERAL FUND
The City of Agoura Hills' General Fund is the main operating account that funds daily operations, administration, public safety, legal services, and other City Departments.

Staff developed a Proposed 2026-27 budget that continues to include the adopted City Council Goals, each department’s operational programming for 2026-27, an appropriation of the annual community grants, approved City Council and Employee Compensation plan, the City’s annual debt obligations, and the annual required California Public Employees’ Retirement System (CalPERS) Employer Contribution.

REVENUES
At last year's budget presentation, Staff presented the following chart, explaining how the fiscal year 2026/27, would be impacted with assumptions from the previous year.

General Budget Overview Adopted
FY 2025-2026 & FY 2026-2027
Revenue expectations have changed in the last year. Staff has been actively working with the City's revenue consultant, who via their updated revenue forecast reports ahve recommended a decrease to the overall revenues by 8.33% (approximately, $1,794,891). This is due to decreases in sales tax, a change in building plan check, and the use of the Loan Payment from the former Redevelopment Agency (RDA) being previously catergorized as an income stream. The original adopted total Revenues for FY 2026-27 were $21,542, 416 and the proposed revenues are $19,747,525.

EXPENDITURES
As financial uncertainty increased, staff approached overall City expenditures with a trend analysis and timing of projects; when analyzing expenditures for FY 2026/2. Meetings with department heads included discussions about possible reductions or changes in planned projects, timing of expected use of resources, review of 2nd Year impact of the Cost Allocation Fee Schedule, maintained personnel freezes, and this year, examined salary savings through personnel as several staff members announced their near future term retirement.

Through these efforts, Staff lowered expenditures by 8.3% as well, and managed to increase the surplus by $7,215.

Staff had accounted for a Cost Of Living Adjustment (COLA) increase of 3.2%, a Law Enforcement Increase of

4.1% and the CalPERS Contribution (Classic members: 5.5% (0.5% increase added to the previous contribution rate of 5.0% as per Resolution 25-2109, approved by the City Council) and PEPRA members: 7.75% (established by CalPERS); these costs were adjusted with actual rates this year to account for these approved costs.

General Budget Overview Proposed
FY 2025-2026 & FY 2026-2027
Staff is aware the revenue streams have been affected by the overall macro environment, along with the increase in expenditures. Staff has always held a consertive approach to the budget and willl monitor any changes during the upcoming fiscal year.

CAPITAL IMPROVEMENT PLAN & SPECIAL FUNDS
City Staff has updated the the City's Capital Improvement Plan (CIP), which is a long-term financial plan used by the City of Agoura Hill's Public Works, Community Services, and Finance Departments to schedule and finance public infrastructure projects for the FY 2026/27 year and foreseeable future. The plan includes the Annual Citywide Street Resurfacing and Annual Concrete Repairs, as wells as other long term projects such as Storm Drain Diversion and the Bicyccle Master Plan Implementation; the update also includes the funds that the City Council requested for City Council Goals for Measure W; such as Liberty Canyon Creek Restoration, and the Water Quality study for Lake Lindero. Funds were also appropriated to the Solid Waste Fund for the Waste Hauling Franchise Agreement.

These projects are funded largely by the City's Special Funds, such as Measure M, Measure R, Community Development Block Grant, Proposition C, and Proposition A, where applicable the General Fund has approved appropriations for these projects. The estimated budgeted amount for the CIP plan for FY 2026/27 is $19,131,817.

FISCAL IMPACT
There is no budget impact to the FY 2025-2026 approved budget, as staff is requesting the Finance Subcommittee review the updated Proposed Mid-Cycle Biennial Fiscal Year 2025-26 & 2026-27 Budget. Any possible changes that could lead to a fiscal impact of the proposed biennial budget will be discussed during the City Council Workshop on June 10, 2026.

RECOMMENDATION
Staff recommends the Finance Subcommittee review and discuss the Proposed Biennial Fiscal Year General Fund and Special Funds Budget for 2025-26 & 2026-27 and provide guidance or follow-up.

Attachments
Proposed 26-27 Biennel Budget.pdf
CIP Mid-Cycle FY 2026-27.pdf
City of Agoura Hills
Proposed Mid-Cycle Biennial Budget
Fiscal Years 2025-2026 & 2026-2027
Organizational Chart
2 City of Agoura Hills
City Council
Mayor
Jeremy Wolf
Mayor Pro Tem
Deborah Klein Lopez
Councilmember
Chris Anstead
Councilmember
Penny Sylvester
Councilmember
Kate Anderson
3  


 

4 City of Agoura Hills
Budget Calendar

JANUARY FEBRUARY MARCH

APRIL MAY JUNE
JULY
Begin to calculate revenue
projections for General Fund,
Special Revenue Funds, and
Capital Project Funds.

Review and update salary
projections.

City Council update and
presentations on:

FY 24-25 Audited Financial
Statements
FY 25- 26 Midyear Budget
FY 25-26 & FY 26-27 Budget
Outlook
City Manager meets with
Department Heads to discuss
budget.

Departments review and
complete necessary budget
forms.

First City Council Goal
Workshop.

Beginning of Subcommittee
meeting review of goals.

Continued Subcommittee
meetings to review goals.

Meetings with Department
Heads to discuss requests.

Second City Council Goal
Workshop.

Preparation of Proposed
Budget document.

Review with Finance
Subcommittee.

Budget Study Session(s).

Provide Proposed Budget to
the City Council and post to
the City’s website.

Updated Proposed Budget
based on feedback during
Budget Study Sessions.

Publish Notice of Hearing for
Budget Adoption.

Budget Adoption, including
Gann Limit.

Post Adopted Budget to City’s
Website.

Production of Adopted Budget
Book.
5 6
7 8
9 10
11 12
13 14
15 16
17 18
19 20
City of Agoura Hills
Description of Non-Major Governmental Funds
FY 2026-27
Non-Major Special Revenue Funds
Traffic Improvement – To account for traffic improvement and arterial street system fees paid by developers which may only be used for constructing traffic impacted arterial streets.

Traffic Safety – To account of traffic fines which may only be used for traffic safety purposes.

Transit Tax – To account for Proposition A funds received from the County of Los Angeles which may only be used to provide transportation services.

Public Transit – To account for Proposition C funds received from the County of Los Angeles which may only be used to provide transportation services.

Air Quality Management – To account for funds received from the South Coast Air Quality Management District which may only be used for air quality improvement.

Community Development Block Grant – To account for restricted housing rehabilitation loans administered with Community Development Block Grant (CDBG) funds.

Supplemental Law Enforcement – To account for Brulte funds received from the state for the use of Public Safety (COPS) programs.

Solid Waste Management – To account for the funds relating to collection, transportation and recycling of refuse materials for City residents and businesses.

State Gas Tax – To account for funds allocated to the City by the State which may only be used for street maintenance, construction, right of way acquisition and/or reconstruction.

Measure R – To account for public transit tax received under Measure R. These funds are paid by the County of Los Angeles.

Other Grants – To account for various state grant funds received for street improvements and park developments.

Inclusionary Housing – To account for in-lieu fees that are committed for the development or maintenance of housing that is affordable to low to moderate income households.

Utility Undergrounding – To account for the undergrounding of utility lines within the City undergrounding district.

Road Rehab – To account for funds allocated to the City for road maintenance and rehabilitation.

Measure M – To account for funds allocated to the City for transit projects.

Measure W – To account for funds allocated to the City for storm water projects. 21 City of Agoura Hills
Description of Non-Major Governmental Funds
FY 2026-27
Non-Major Capital Projects Funds
Recreation Center Capital Projects – To account for the funds to be used for that are assigned for the development or maintenance of the City’s recreation center.

Storm Water Capital Projects – To account for the funds to be used for the development or maintenance of the City's storm water program.

Capital Projects – To account for funds that are to be used for various capital projects throughout the City.

Non-Major Debt Service Funds
Financing Authority Debt Service – To account for and report financial resources that are restricted, committed, or assigned to expenditure for principal and interest.

Agoura Hills Improvement Authority – To account for and report financial resources that are restricted, committed, or assigned to expenditure for principal and interest. 22 23
Agoura Hills is a unique suburban community
exemplified by a commitment to the preservation of its
history, a high quality of life, a vibrant business
community, and environmental sensitivity.

We are a city steeped in a rich historical past through which we have emerged as a vital, prosperous
community committed to excellence, innovation, and
sound fiscal policies. Our neighborhoods are safe,
healthy, and as unique as the individuals who inhabit
them.

We believe the City’s greatest asset is our people and we welcome the involvement of all those who live and work
in the City of Agoura Hills to partner with us in making this community one of excellence.

We are committed to preserving the unique
character, historical and rural fabric, and
environmental beauty that defines Agoura Hills to
its residents. We will accomplish this through the
values of Service, Integrity, Positive Solutions, and
Cooperation.

About Agoura Hills
About the
City of Agoura Hills
19,274

37.31% Bach Degree 27.77% Grad Degree
46 $171,944
24 2023-24 2024-25 2025-26 2026-27
Headcount Headcount Headcount Headcount
General Fund
City Council 5.00 5.00 5.00 5.00
City Manager 9.25 9.35 6.81 7.81
Communications 0.00 0.00 0.87 0.87
City Clerk 1.00 1.00 1.00 1.00
Finance 3.60 4.24 2.26 2.26
Community Development 6.34 6.34 6.57 6.57
Community Services Administration 7.35 7.40 7.14 7.14
Public Works Administration 1.56 2.18 2.81 2.81
Building and Safety 3.00 3.00 2.00 2.00
Total General Fund 37.10 38.51 34.46 35.46
Proposition A
Community Services Administration 0.65 0.60 0.71 0.71
Total Proposition A Fund 0.65 0.60 0.71 0.71
Proposition C
Public Works 0.55 0.28 0.38 0.38
Finance
Total Proposition C Fund 0.55 0.28 0.38 0.38
Measure M-Local
Public Works 0.31 0.31 0.28 0.28
Total Measure M Local 0.31 0.31 0.28 0.28
Measure M-Grant
City Manager 0.07 0.08 0.23 0.23
Communications 0.00 0.00 0.10 0.10
Community Service 0.00 0.00 0.15 0.15
Finance 0.24 0.56 0.52 0.52
Public Works 1.05 1.95 1.06 1.06
Total Measure M Grant 1.36 2.59 2.06 2.06
Measure R-Local
Public Works 0.38 0.26 0.29 0.29
Total Measure R Local 0.38 0.26 0.29 0.29
Measure R-Grant
City Manager 0.00 0.00 0.29 0.29
Finance 0.00 0.00 0.04 0.04
Public Works 0.00 0.00 0.03 0.03
Total Measure R Fund 0.00 0.00 0.36 0.36
Miscellaneous Grants
City Manager 0.07 0.00 0.01 0.01
Communications 0.00 0.02 0.03 0.03
Finance 0.56 0.02 0.06 0.06
Public Works 1.15 0.15 0.15
Total Misc Grant Fund 1.78 0.04 0.25 0.25
Total City of Agoura Hills 42.13 42.59 38.79 39.79
Successor Agency to the RDA
City Manager 0.05 0.01 0.08 0.08
City Clerk 0.00 0.00 0.00 0.00
Finance 0.60 0.18 0.12 0.12
Community Development 0.00 0.00 0.00 0.00
Total Successor Agency to the RDA 0.65 0.19 0.20 0.20
Total Successor Agency to the RDA 0.65 0.19 0.20 0.20
Successor Agency to the RDA-Housing
Community Development 0.16 0.16 0.18 0.18
City Manager 0.06 0.06 0.08 0.08
Total Successor Agency to the RDA-Housing 0.22 0.22 0.26 0.26 Total Succesor Agency to the RDA 0.87 0.41 0.46 0.46
Total Personnel Headcount 43.00 43.00 39.25 40.25
Note: Headcount includes Council Members, Planning Commissioners, and Appointed Treasurer 2023-24 to 2026-27

PERSONNEL
City of Agoura Hills
25 26
27 City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Fund: 010 - GENERAL
Category: 4000 Taxes and Assessments
010-0000-311000 Sales And Use Tax 4,972,702 4,507,704 4,617,909 4,412,333 010-0000-312000 Property Tax 3,498,488 3,572,547 3,650,419 3,794,826 010-0000-312001 Property Tax In Lieu Of Vlf 2,874,151 2,994,408 3,059,975 3,204,130 010-0000-312002 Property Tax - Succ. Agcy. 231,938 332,601 255,000 255,000 010-0000-313000 Transient Occupancy Tax 3,579,855 3,803,183 3,850,000 3,850,000 010-0000-313001 TOT-S/T Rental 27,209 59,864 40,000 25,250 010-0000-314000 Franchise Fee 925,835 902,470 880,000 884,400 010-0000-315000 Property Transfer Tax 147,921 193,270 170,000 151,500 Category: 4000 Taxes and Assessments Total 16,258,099 16,366,048 16,523,303 16,577,439 Category: 4001 Contributions
010-0000-392000 Contributions 38,581 43,248 62,400 45,000 Category: 4001 Contributions Total 38,581 43,248 62,400 45,000 Category: 4002 License and Permits
010-0000-321000 Business Licensing 151,766 159,411 230,000 230,000 010-0000-323000 Building Permits 372,931 417,378 500,000 450,000 010-0000-324000 Industrial Waste Fee 40,117 42,199 30,000 30,000 Category: 4002 License and Permits Total 564,813 618,988 760,000 710,000 Category: 4004 Charges for Services
010-0000-341000 Planning Fees 170,628 165,967 383,156 180,000 010-0000-341200 General Plan Recovery 2,539 2,223 6,000 4,000 010-0000-341400 Filming Fees 27,204 18,166 25,000 25,000 010-0000-342000 Engineer Plan Check/inspection 9,582 10,000 10,000 10,000 010-0000-342100 Grading Plan Check 1,263 9,075 5,000 2,500 010-0000-342200 Building Plan Check 206,661 724,422 500,000 375,000 010-0000-342201 Building Plan Check - In House 6,587 964 0 0 010-0000-342300 Building Technician Fee 14,235 20,235 25,000 25,000 010-0000-342500 Encroachment Permits 21,402 31,166 25,000 25,000 010-0000-343000 Traffic Control Plan Review 37,212 32,286 35,000 15,000 010-0000-351000 Park & Recreation Fees 110 100 0 0
010-0000-3510A0 Classes 81,685 80,125 136,000 80,000
010-0000-3510B0 Excursions 2,905 4,385 26,000 5,000
010-0000-3510C0 Camps 8,145 8,600 97,199 10,000
010-0000-3510D0 Seniors 57,235 47,667 53,348 60,000
010-0000-3510E0 Special Events 6,997 8,088 9,300 9,300
010-0000-3510F0 Sports 1,305 1,355 2,000 5,000
010-0000-3510G0 Teens 2,250 605 6,880 500
010-0000-3510I0 Cultural Arts 435 2,839 3,040 4,000
010-0000-351500 Reyes Adobe Fees 10 0 100 0
010-0000-355000 Sale Of Maps & Copies 458 37 0 0
28 City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
010-0000-357001 Waste Hauling Admin Charges 47,000 47,000 47,000 47,000 Category: 4004 Charges for Services Total 705,848 1,215,305 1,395,023 882,300 Category: 4005 Fines and Penalties
010-0000-361000 Parking Fines 24,000 18,115 25,000 17,500 010-0000-361500 Municipal Court Fines 963 914 1,000 15,000 010-0000-361800 False Alarm Fines 2,100 7,800 1,000 1,000 010-0000-363000 Restitution 0 10,600 0 0
010-0000-365000 Late Fees 6,284 6,056 5,000 5,000
Category: 4005 Fines and Penalties Total 33,347 43,485 32,000 38,500 Category: 4006 Investment Income
010-0000-371000 Interest Earnings 838,653 982,360 450,000 465,000 010-0000-371001 Interest Earning - Fmv Investm 224,290 111,810 0 341,786 010-0000-372000 Rental Income 62,534 44,447 65,000 90,000 010-0000-3720d0 Rental Income - Facilities 493,369 564,598 480,375 480,000 Category: 4006 Investment Income Total 1,618,847 1,703,214 995,375 1,376,786 Category: 4008 Other Revenue
010-0000-358000 Tourism Admin Fee 16,796 14,539 18,000 12,500 010-0000-391000 Miscellaneous Revenue 486,058 260,374 50,000 50,000 010-0000-393000 Cash Over/short 4 3 0 0
010-0000-395002 Library Reimbursements 52,588 48,197 55,000 55,000 010-0000-395200 Loan Pmts From Rda 0 0 970,886 0
Category: 4008 Other Revenue Total 555,446 323,113 1,093,886 117,500 Fund: 010 - GENERAL Total 19,774,982 20,313,401 20,861,987 19,747,525 29 30
&RUH9DOXHV
SERVICE±&RPPLWPHQWWRDWWHQWLYHQHVVDQGJHQXLQHFRQFHUQ%HLQJDOZD\VFRXUWHRXV KHOSIXOSURIHVVLRQDODQGH[FHHGLQJFOLHQWH[SHFWDWLRQV INTEGRITY±7KLVLQFOXGHV

D
$FFRXQWDELOLW\±&RPPLWPHQWWREHLQJDFFRXQWDEOHWRWKHFRPPXQLW\ZHVHUYH E
)LVFDO5HVSRQVLELOLW\±&RPPLWPHQWWRSUDFWLFLQJVRXQGILVFDOSROLFLHV POSITIVE SOLUTIONS±&RPPLWPHQWWRSURYLGLQJILUPIDLUFUHDWLYHWLPHO\DQGIOH[LEOH VROXWLRQVZKLOHHQFRXUDJLQJSDUWQHUVKLSVDQGVWURQJUHODWLRQVKLSVZLWKWKHFRPPXQLW\ COOPERATION±7KLVLQFOXGHV

D
&RPPLWPHQWWRZRUNLQJKDQGLQKDQGZLWKRXUUHVLGHQWVDQGEXVLQHVVHV E
&RPPLWPHQWWRZRUNLQJFRRSHUDWLYHO\ZLWKRQHDQRWKHUWRDFFRPSOLVKWKH PLVVLRQRIWKH&LW\
F
(PSRZHUPHQWLQGHDOLQJZLWKDP\ULDGRIFOLHQWVDQGWDNLQJUHVSRQVLELOLW\IRURXU DFWLRQV
31 City of Agoura Hills
City Council Goals
General Fund Fiscal Year 2026-27

1. Old Agoura Trails and Bikeway Improvement Plan Design and Funding - $60,000

2.Wildfire Prevention Home Hardening Program - $50,000.

3.Civic Center Public/Private Partnership - $50,000.

4.Tree Management Plan to Replace Non-Native Trees – Staff was directed to provide follow-up and possible funding at mid-year.

5.Establishment of an MOU with Southern California Edison for Support Centers for Public Safety Power Shutoff Events – Staff was directed to provide follow-up and possible funding at mid-year.

Additional Goals with no funding requests:

1. Solar & Generator back-up systems screening – code amendment

2. Artificial Turf – Review allowance in residential zones and provide analysis with options/exceptions

3. Enhance median landscaping on Kanan Road (Thousand Oaks Blvd. to City boundary)

4. Adjust Community Events to be more Agoura Hills Centric

5. Enhance Emergency Evacuation education

6. E-Bikes – Update to municipal code and park rules

7. Backup internet services for hard-to-reach areas in community – Staff bring back analysis only

8. Promote CERT to rebrand and recruit additional community members and consider Volunteers on Patrol for Realtime crime center 32 City Council City Council
Overview:

The City Council of Agoura Hills is composed of five
councilmembers elected at large by the community to
represent the interests of the entire city. Councilmembers serve four-year terms and are responsible for setting policies that guide the operation of the City. Agoura Hills operates under a Council-Manager form of government, where the City Council sets direction and the City Manager carries out dayto-day administration.

The Council appoints both the City Manager and City
Attorney and plays a key role in shaping the City’s future through policy decisions, adoption of ordinances and
resolutions, contract approvals, and oversight of the City’s General Plan. Responsibilities also include reviewing and approving the annual budget, authorizing contracts and
bonds, granting franchises, appointing members to boards and commissions, and establishing policies that support the overall well-being of the community.
33 City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Fund: 010 - GENERAL
Department: 4110 CITY COUNCIL
Category: 5100 Personnel
010-4110-510400 Special Pay 18,000 18,300 18,000 34,500 010-4110-510401 Car Allowance 12,000 12,200 12,000 12,000 010-4110-510800 Group Health Insurance 70,669 74,127 81,722 86,016 010-4110-510900 Group Dental Insurance 3,147 4,302 4,608 4,700 010-4110-511200 Medicare Taxes 397 369 440 674
Category: 5100 Personnel Total 104,212 109,298 116,770 137,890 Category: 5400 Materials, Supplies, and Services
010-4110-541500 Travel/meetings/outreach 12,933 17,038 16,945 18,445 010-4110-542400 Special Supplies 602 2,575 1,000 1,000
Category: 5400 Materials, Supplies, and Services Total 13,535 19,613 17,945 19,445 Department: 4110 CITY COUNCIL Total 117,747 128,911 134,715 157,335 34 City Manager
Fiscal Year 2025-26/2026-27
Mana
Fiscal Year 2025- ca
35 The City Manager’s Office is responsible for the
implementation of policy established by the Agoura Hills Council and the coordination of those efforts through the City’s Administrative departments.

The City Manager’s Office primary functions include
legislative support, policy implementation, budget
development, strategic planning, economic development,
and community engagement services.

The City Manager’s Office includes several divisions that provide specific services to the public, in alignment with adopted City Council Goals. The City Manager’s Office is responsible for facilitating quality City service delivery to internal and external customers, coordinating interdepartmental cooperation, implementing economic development policies and programs, and guiding overall
fiscal policy.

City Manager’s City Manager’s
Department
Department Overview:
36 The City Manager Department of the City of Agoura Hills provides professional, forward-thinking leadership in managing the operations of the City of Agoura Hills, ensuring the effective implementation of City Council policies, annual City Council goals, developing and maintaining responsive City programs and services within approved budgetary guidelines, provides leadership to City staff, maintains and plans for fiscal integrity, and fosters strong relationships with local and regional businesses and governmental agencies.

City Manager staff is committed to delivering high-quality, responsive municipal services through the coordinated direction of all city departments, finances, and personnel, while preserving the community’s unique character, protecting its natural environment, and enhancing the quality of life for all who live, work, and visit Agoura Hills.

City Manager’s Department City Manager’s Department
Mission Statement Mission Statement
Services provided by the City Manager’s office include administering and executing City Council Policy, presentation recommendations and information to enable the City Council to make decisions on matters of policy, oversight of all City Departments, administrate the City’s Successor agency activities, Personnel Administration, Solid Waste, Emergency Services, Public Safety, Animal Control, and Legislative Tracking.

Services Services
37 City Manager’s Department City Manager’s Department
Service Level Trends Service Level Trends
The City of Agoura Hills continues to face challenges associated with increasing demands for services and rising operational costs, driven in part by broader economic conditions. As a community that values high-quality municipal services, environmental preservation, and thoughtful growth, the City must remain vigilant and strategic in managing its limited financial resources. To meet these growing service expectations within a responsible budget framework, Agoura Hills will need to maintain a disciplined, proactive approach to fiscal planning. At the same time, the City must continue to actively engage with regional partners, local stakeholders, and all levels of government to identify sustainable strategies that support economic vitality, enhance community resilience, and preserve the unique character that defines Agoura Hills.

Prior Budget Accomplishments Prior Budget Accomplishments Recruited a Communications Manager.

Received prestigious awards for Communications accomplishments.

Approved Ordinance to ban Styrofoam and plastic utensils from City Restaurants.
38 City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4120 CITY MANAGER
Category: 5100 Personnel
010-4120-510100 Regular Salaries 1,033,426 1,063,101 889,751 1,006,910 010-4120-510200 Part-time Salaries 37,164 43,103 53,022 53,022 010-4120-510401 Car Allowance 13,900 12,700 9,600 9,600 010-4120-510402 Technology Allowance 8,499 8,217 6,570 6,570 010-4120-510500 Vacation/sick 68,747 48,995 49,123 49,123 010-4120-510600 Deferred Compensation 35,323 35,271 36,593 38,044 010-4120-510700 Retirement 277,725 301,229 222,530 111,172 010-4120-510800 Group Health Insurance 179,888 188,328 163,886 178,661 010-4120-510900 Group Dental Insurance 9,027 9,378 6,780 8,504 010-4120-511000 Group Life Insurance 2,150 2,125 1,582 2,013 010-4120-511100 Group Disability Insurance 11,929 12,442 12,839 11,804 010-4120-511200 Medicare Taxes 16,942 17,149 14,693 16,415 Category: 5100 Personnel Total 1,694,719 1,742,037 1,466,970 1,491,838 Category: 5400 Materials, Supplies, and Services
010-4120-541500 Travel/conferences/meetings 9,940 4,981 5,485 6,085 010-4120-541600 Membership And Dues 1,600 2,400 2,600 2,600 010-4120-542000 Office Supplies 21 114 300 300
010-4120-542200 Books And Subscriptions 0 0 200 200
010-4120-542400 Special Supplies 927 548 500 50
Category: 5400 Materials, Supplies, and Services Total 12,488 8,043 9,085 9,235 Category: 5500 Contract Services
010-4120-551000 Professional Services 25 0 0 0
010-4120-552000 Contract Services 20,176 11,549 10,000 3,000 Category: 5500 Contract Services Total 20,200 11,549 10,000 3,000 Department: 4120 CITY MANAGER Total 1,727,408 1,761,630 1,486,055 1,504,073 39 Communications
Fiscal Year 2025-26/2026-27
nicat
Fiscal Year 2025 Fi
40 The City of Agoura Hills Communications Department is dedicated to keeping our community informed, engaged,
and connected through innovative and effective
communication strategies.

As an award-winning team recognized for our branding,
creativity, and commitment to transparency, we work to
ensure residents, businesses, and visitors have access to clear, timely, and relevant information. The department oversees:

City News & Updates
Event Promotion & Outreach
Social Media & Digital Engagement
Website Management
Emergency Notifications
Filming & Content Creation
Community Outreach
Communications Communications
Department
Department Overview:
41 Communications Department Communications Department
The Communications Department’s mission is to keep the Agoura Hills community informed, connected, and engaged. We are committed to delivering clear, accurate, and timely information about City programs, news, initiatives, and emergency updates. Through transparent communication and meaningful engagement, we strive to foster civic participation and strengthen relationships with those who live, work, and visit Agoura Hills.

Mission Statement Mission Statement
Overview Overview
The City of Agoura Hills Communications Department is dedicated to keeping our community informed, engaged, and connected through innovative and effective communication strategies. As an award-winning team recognized for our branding, creativity, and commitment to transparency, we work to ensure residents, businesses, and visitors have access to clear, timely, and relevant information. The Communications Department oversees:

City News & Updates – Delivering important announcements and community news through multiple channels.

Social Media & Digital Engagement – Managing the City’s presence across platforms with engaging content.

Website Management – Keeping the City’s website updated and userfriendly, ensuring easy access to resources and information.

Emergency Notifications – Providing critical alerts and real-time updates to keep the community safe and informed.

Filming & Content Creation – Producing high-quality videos, podcasts, and graphics to communicate City initiatives in dynamic and creative ways.

Newsletters & Publications – Crafting digital newsletters that highlight key city happenings and resources for residents and businesses.

Community Outreach & Public Engagement – Connecting with residents through surveys, public meetings, and innovative engagement strategies. 42 City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4121 COMMUNICATION
Category: 5100 Personnel
010-4121-510100 Regular Salaries 93,292 143,972 139,567 144,033 010-4121-510401 Car Allowance 700 0 0 0
010-4121-510402 Technology Allowance 438 978 1,020 1,020 010-4121-510500 Vacation/sick 1,826 1,325 0 0
010-4121-510600 Deferred Compensation 1,990 3,089 3,120 3,576 010-4121-510700 Retirement 8,089 18,330 18,027 12,968
010-4121-510800 Group Health Insurance 8,617 19,555 13,270 30,803 010-4121-510900 Group Dental Insurance 500 387 729 743
010-4121-511000 Group Life Insurance 203 391 282 368
010-4121-511100 Group Disability Insurance 964 1,782 1,591 1,714 010-4121-511200 Medicare Taxes 1,422 2,164 2,084 2,155
Category: 5100 Personnel Total 118,039 191,972 179,690 197,380 Category: 5400 Materials, Supplies, and Services
010-4121-541500 Travel/conferences/meetings 1,921 2,693 3,700 4,000 010-4121-541600 Membership And Dues 275 281 300 300
010-4121-542200 Books And Subscriptions 9,610 8,840 9,913 10,444 010-4121-542400 Special Supplies 9,714 266 2,500 1,350
010-4121-542600 Advertising 9,269 8,255 12,400 6,650
Category: 5400 Materials, Supplies, and Services Total 30,789 20,336 28,813 22,744 Category: 5500 Contract Services
010-4121-551000 Professional Services 82,625 124,169 100,200 95,200 Category: 5500 Contract Services Total 82,625 124,169 100,200 95,200 Department: 4121 COMMUNICATION Total 231,454 336,476 308,703 315,324 43 City Clerk
Fiscal Year 2025-26/2026-27
ity C
Fiscal Year 2025 sc
44 The City Clerk Department plays a critical role in ensuring transparent, accountable, and legally compliant
governance in Agoura Hills.

The City Clerk Department oversees municipal elections; ensures adherence to laws such as the Political Reform
Act, the Brown Act, and the Public Records Act; and
manages the City’s records management program.

The department prepares and maintains City Council
agendas, minutes, and legislative actions, while also
coordinating AB 1234 Ethics Training. As a trusted liaison between the public, staff, and elected officials, the City Clerk provides essential administrative and legislative support that keeps the City running smoothly.

City Clerk’s City Clerk’s
Department
Department Overview:
45 City Clerk’s Department City Clerk’s Department
To serve the City Council, staff, and the public in a courteous, responsible, and efficient manner safeguard vital, historic, and permanent records of the City; facilitate transparency in government by providing timely access to information, records, and legislative processes; administer fair and impartial municipal elections and ensure compliance with applicable federal, state, county, and local statutes, including the Political Reform Act, the Brown Act, and the Public Records Act.

Mission Statement Mission Statement
The City Clerk Department handles various responsibilities, including:

Preparing and distributing City Council meeting agenda packets Administering legal notices and recording legislative minutes Processing agreements, resolutions, and ordinances
Maintaining the City’s records and archives
Managing the citywide records program, including scanning and destruction
Overseeing municipal elections and oaths of office
Maintaining economic interest statements and campaign disclosures Updating the City’s Conflict of Interest Code
Coordinating Planning Commission recruitment and Ethics Training Providing access to public records
Codifying the Agoura Hills Municipal Code
Accepting legal documents and issuing parking permits
Preparing awards, certificates, and proclamations
Services Services
46 Facilitated Agenda Scripts for “Virtual” City Council and Planning Commission Meetings.

Facilitated the Campaign Reform Ordinance and Council Norms Updates.

Facilitated the Installation of a Permanent Ballot Drop Box at the City Hall Civic Center.

Administered the 2020 General Municipal Election and “Virtual” Reorganization Meeting.

Facilitated the 2020 Ethics Training, Pursuant to AB 1234.

City Clerk’s Department City Clerk’s Department
Service demands for this department continue to increase in the areas of research and providing information responsive to public records requests. The citywide scanning project continues to assist with providing electronic access to the City’s permanent records, which helps to reduce the hours of staff time dedicated to manually researching records maintained in offsite storage.

Service Level Trends Service Level Trends
Prior Budget Accomplishments rior Budget Accomplishments 47 City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4125 CITY CLERK
Category: 5100 Personnel
010-4125-510100 Regular Salaries 157,608 165,601 167,969 173,343 010-4125-510401 Car Allowance 2,400 2,400 2,400 2,400
010-4125-510402 Technology Allowance 1,071 1,071 1,020 1,020 010-4125-510500 Vacation/sick 1,522 4,629 6,221 9,429
010-4125-510600 Deferred Compensation 3,859 3,993 4,961 5,128 010-4125-510700 Retirement 51,096 58,134 57,104 23,466
010-4125-510800 Group Health Insurance 11,953 12,765 12,442 15,033 010-4125-510900 Group Dental Insurance 631 632 2,125 644 010-4125-511000 Group Life Insurance 392 393 404 394
010-4125-511100 Group Disability Insurance 1,848 1,932 1,840 1,992 010-4125-511200 Medicare Taxes 2,397 2,548 2,579 2,774
Category: 5100 Personnel Total 234,778 254,097 259,063 235,623 Category: 5400 Materials, Supplies, and Services
010-4125-541500 Travel/conferences/meetings 1,587 1,372 3,600 3,600 010-4125-541600 Membership And Dues 475 725 1,510 510
010-4125-542000 Office Supplies 740 104 500 500
010-4125-542200 Books And Subscriptions 7,871 3,041 8,000 8,000 010-4125-542400 Special Supplies 123 256 700 700
010-4125-544000 Other Charges 15,350 12,128 25,000 25,000 Category: 5400 Materials, Supplies, and Services Total 26,146 17,626 39,310 38,310 Category: 5500 Contract Services
010-4125-552000 Contract Services 10,010 55,291 7,000 77,105 Category: 5500 Contract Services Total 10,010 55,291 7,000 77,105 Department: 4125 CITY CLERK Total 270,935 327,015 305,373 351,038 48 City Attorney
Fiscal Year 2025-26/2026-27
Atto
Fiscal Year 2025 sc
49 City Attorney City Attorney
Overview:

The City of Agoura Hills contracts with a dedicated legal firm to provide expert legal services through its appointed City Attorney. Serving as the chief legal advisor, the City Attorney offers strategic counsel to the City Council,
advisory boards, commissions, and City staff, ensuring
that all decisions and actions align with applicable local, state, and federal laws.

Beyond day-to-day guidance, the City Attorney plays a
critical role in protecting the City’s legal interests, mitigating risk, and ensuring sound governance in all
municipal affairs. This proactive, solutions-oriented legal support helps the City operate efficiently, ethically, and in full compliance with the law.
50 City Attorney City Attorney
Services:

The City Attorney serves as the Chief Legal Officer for the City of Agoura Hills, Financing Authority and also
provided assistance to the now dissolved Agoura Hills
Calabasas Community Center. The City Attorney provides
professional legal advice to the City Council, boards and commissions, and all City Departments. Responsibilities include providing legal advice on matters spanning
municipal law, regulatory compliance, and contract
negotiations, as well as representing the City in certain court proceedings and alternative dispute resolution
methods. The City Attorney’s Office drafts and reviews all legal documents necessary to support the ongoing
operations of the City, including, but not limited to,
contracts, resolutions, and ordinances.The City contracts with an outside law firm, Richards Watson Gershon, to
provide City Attorney services.
51 City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4140 CITY ATTORNEY
Category: 5500 Contract Services
010-4140-551000 Professional Services 156,873 450,933 371,676 382,826 010-4140-552000 Contract Services 281,727 230,435 51,550 53,097 Category: 5500 Contract Services Total 438,600 681,368 423,226 435,923 Department: 4140 CITY ATTORNEY Total 438,600 681,368 423,226 435,923 52 Finance
Fiscal Year 2025-26/2026-27
Fina
Fiscal Year 2025 c
53 Finance Department Finance Department
Department Overview:

The Finance Department of the City of Agoura Hills is
responsible for managing the City’s financial operations with transparency, accuracy, and accountability. The
department oversees budgeting, accounting, financial
reporting, payroll, purchasing, revenue collection, and treasury functions.

It plays a critical role in ensuring the City’s fiscal health by preparing the annual budget, managing long-term
financial planning, and maintaining compliance with local, state, and federal regulations.

Through careful stewardship of public funds, the Finance Department supports the delivery of essential City
services and works to maintain public trust by providing clear and timely financial information to the City Council, departments, and the community.
54 Finance Department Finance Department
The Finance Division handles financial administration, budgeting, accounting, auditing, internal controls, cash and debt management, purchasing, billing, and payroll. It supports internal departments and prepares the City’s Annual Budget Book and Comprehensive Financial Report. Additionally, it oversees the Successor Agency.

Mission Statement Mission Statement
Services Services
The Finance Department provides services such as managing computer services, maintaining accounting records, processing payments, ensuring GAAP-compliant financial reporting, preparing the annual budget, and overseeing fiscal planning and debt administration. Additionally, it manages the prudent investment of surplus funds.

Service Level Trends: Service Level Trends:

As the City grows, service demands for this department continue to increase, particularly in the areas of business tax and grants management.

Prior Budget Accomplishments: Prior Budget Accomplishments:

Published FY 2023-24 Annual $PNQSFIFOTJWF
Financial Report ("CFR) by required deadlines and received the Government Finance Officers Association (GFOA) Certificate of Achievement for Excellence in Financial Reporting. (June 2024)
Prepared two-year budget for 2024-25/2025-26 Operating and Capital Improvement Program Budget and received Government Finance Officers Association (GFOA) Distinguished Budget Presentation Award.(February 2020)
Submitted California State Controller’s reports by applicable deadlines (October and December 2024).
55 Finance Department Finance Department
Objectives Objectives
Publish FY 2024-25 ACFR, meeting requirements for GFOA Certificate of Achievement for Excellence in Financial Reporting.

Prepare and implement the Mid-Cycle Operating and Capital Improvement Program Review (CIP).

Submit five FY 2024-25 California State Controller’s Reports by applicable reporting deadlines.
56 City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4150 FINANCE
Category: 5100 Personnel
010-4150-510100 Regular Salaries 331,838 430,095 365,102 409,160 010-4150-510400 Special Pay 3,600 3,300 0 0
010-4150-510401 Car Allowance 2,800 2,400 2,600 2,600
010-4150-510402 Technology Allowance 4,045 3,540 3,540 2,520 010-4150-510500 Vacation/sick 11,418 0 17,212 14,123
010-4150-510600 Deferred Compensation 12,517 11,906 15,675 11,790 010-4150-510700 Retirement 52,077 49,922 28,903 32,196
010-4150-510800 Group Health Insurance 63,437 69,461 78,275 54,250 010-4150-510900 Group Dental Insurance 3,104 2,807 5,511 4,084 010-4150-511000 Group Life Insurance 990 1,042 999 808
010-4150-511100 Group Disability Insurance 5,167 5,002 4,127 4,327 010-4150-511200 Medicare Taxes 6,624 6,483 5,670 6,383
Category: 5100 Personnel Total 497,617 585,959 527,615 542,241 Category: 5400 Materials, Supplies, and Services
010-4150-541500 Travel/conferences/meetings 4,396 4,876 4,645 4,645 010-4150-541600 Membership And Dues 710 770 1,500 1,500 010-4150-542000 Office Supplies 404 107 300 300
010-4150-542300 Printing 445 747 1,500 1,500
010-4150-543100 Mileage 172 94 550 550
010-4150-544000 Other Charges 22,404 28,420 31,200 31,200 Category: 5400 Materials, Supplies, and Services Total 28,531 35,014 39,695 39,695 Category: 5500 Contract Services
010-4150-551000 Professional Services 123,095 89,775 118,075 119,075 Category: 5500 Contract Services Total 123,095 89,775 118,075 119,075 Department: 4150 FINANCE Total 649,243 710,747 685,385 701,011 57 Public Facilities
Fiscal Year 2025-26/2026-27
Facil
Fiscal Year 2025 c
58 Public Facilities Public Facilities
Overview:

The Public Facilities Division, part of the City Manager’s Department, is dedicated to providing a safe, healthy,
clean, and comfortable environment for all City
constituents, including City Council, staff, and visitors.

This division oversees the day-to-day maintenance and
operations of the Agoura Hills Civic Center.

Responsibilities include maintaining the Civic Center’s infrastructure and building systems, managing the City’s audio-visual systems and telephone equipment, and
overseeing the maintenance of the City’s vehicle fleet.

These services are primarily delivered through
partnerships with contracted companies and private
contractors. The City receives partial reimbursement for certain facility costs from the County of Los Angeles.

As the Civic Center continues to age, maintenance needs have steadily increased. This trend is expected to
continue, placing a greater demand on resources and longterm infrastructure planning. 59 Public Facilities Public Facilities
To provide a safe, healthy, clean, comfortable environment for all constituents, City Council, City Staff, and visitors.

Services Services
The Public Facilities division of the City Manager's department is responsible for the maintenance of the City's civic center. This division is responsible for the maintenance of the audio-visual equipment, all of the telephone equipment used by the City, and the City fleet. Maintenance is provided by contracted companies and private contractors. The City receives a partial reimbursement for costs from the County of Los Angeles.

Service Level Trends ervice Level Trends
Maintenance continue to increase as the building systems continue to age.

Prior Budget Accomplishments rior Budget Accomplishments Install Electric Vehicle Charging Stations (Civic Center) Purchase environmentally friendly products when feasible Update Five-Year Facility Forecasting Improvement Schedule for future costs
Perform preventative maintenance tasks at the facility
Research methods and technologies to reduce energy use
Implement long-term contractor agreements to control operating costs Objectives Objectives
Ongoing review and maintenance of city infrastructure
Analyze funding opportunities for repairing aging infrastructure Update the Five-Year Facility Forecasting Improvement Schedule for future costs
Research methods and technologies to reduce energy use
Implement long-term contractor agreements to control operating costs Mission Mission
60 City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4180 PUBLIC FACILITIES
Category: 5400 Materials, Supplies, and Services
010-4180-542400 Special Supplies 2,381 4,057 3,000 3,000 010-4180-542700 Communications 18,890 19,078 17,000 18,000 010-4180-542800 Utilities 197,294 203,119 170,000 170,000 010-4180-542801 Water 15,342 16,469 15,000 15,000
010-4180-543000 Maintenance Buildings/grounds 78,565 87,507 59,450 62,050 010-4180-543400 Maintenance Of Equipment 19,789 24,820 26,800 27,105 010-4180-543401 Audio Visual Maintenance 3,348 1,361 4,000 4,000 010-4180-543402 Vehicle Maintenance/fuel 13,851 22,370 16,000 16,000 Category: 5400 Materials, Supplies, and Services Total 349,461 378,791 311,250 315,155 Category: 5600 Capital Outlay
010-4180-568200 Other Improvements 35,366 8,849 10,300 10,900 010-4180-568300 Equipment 0 2,778 12,100 24,400
Category: 5600 Capital Outlay Total 35,366 11,627 22,400 35,300 Department: 4180 PUBLIC FACILITIES Total 384,826 390,419 333,650 350,455 61 Non-Departmental Non-Departmental
Overview:

The Non-Departmental Division accounts for City
activities and expenses that are not easily assigned to a specific department or division. These are typically shared services or general government costs that would be
inefficient or impractical to allocate individually. This division includes items such as citywide telephone
services, leased copier and fax equipment, memberships
and dues, bank fees, postage, contingency funds,
interfund transfers, and debt service payments when
applicable. By centralizing these expenses, the City
ensures streamlined management and cost-effectiveness.
62 City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4190 NON DEPARTMENTAL
Category: 5100 Personnel
010-4190-510700 Retirement 0 0 637,967 592,644
010-4190-510800 Group Health Insurance 164,546 82,075 0 85,000 010-4190-510900 Group Dental Insurance -2 -2 0 0
Category: 5100 Personnel Total 164,544 82,074 637,967 677,644 Category: 5400 Materials, Supplies, and Services
010-4190-541500 Travel/conferences/meetings 10,513 14,317 25,000 17,000 010-4190-541600 Membership And Dues 114,645 59,019 50,000 51,000 010-4190-541700 Training 18,664 12,236 13,500 6,500
010-4190-542000 Office Supplies 6,576 6,047 7,000 7,000 010-4190-542100 Postage 8,619 7,646 8,000 8,000
010-4190-542200 Books And Subscriptions 465 223 350 500 010-4190-542300 Printing 4,794 3,263 9,000 7,450
010-4190-542400 Special Supplies 11,597 15,760 13,500 13,500 010-4190-5424H0 Special Supplies - Comm Servic 8,818 12,496 10,000 10,000 010-4190-542600 Advertising 17,647 1,367 5,000 5,000
010-4190-542900 Rents And Leases 12,841 12,700 15,000 15,000 010-4190-543400 Maintenance Of Equipment 7,085 0 0 0
010-4190-543700 Insurance And Surety Bonds 564,987 475,419 531,150 612,603 010-4190-544000 Other Charges 9,672 14,155 0 0
Category: 5400 Materials, Supplies, and Services Total 796,925 634,648 687,500 753,553 Category: 5500 Contract Services
010-4190-551000 Professional Services 77,866 85,786 60,000 72,000 010-4190-551009 Community Participation 34,450 33,100 30,000 30,000 010-4190-552000 Contract Services 44,506 42,824 67,000 35,500 010-4190-552017 Film Permit Svcs. 20,103 12,138 22,500 22,500 Category: 5500 Contract Services Total 176,924 173,849 179,500 160,000 Category: 5800 Administrative Charges
010-4190-585000 Bad Debt Expenses 6,574 0 0 0
Category: 5800 Administrative Charges Total 6,574 0 0 0 Department: 4190 NON DEPARTMENTAL Total 1,144,967 890,570 1,504,967 1,591,197 63 Automated Office Automated Office
Systems
Overview:

The Automated Office Systems Division focuses on IT
Operations and Cybersecurity to support the City’s
internal and external communication, technology
infrastructure, and service delivery.

By incorporating user feedback, the division ensures
systems are functioning effectively and aligned with
future needs. Key responsibilities include cybersecurity, IT project management, technology procurement,
hardware and software maintenance, policy development,
and user training. The division is committed to
maintaining a modern, resilient technology environment
that enables efficient and secure City operations.
64 City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4195 AUTOMATED OFFICE SYSTEMS
Category: 5400 Materials, Supplies, and Services
010-4195-542000 Office Supplies 8,709 6,931 7,150 7,150 010-4195-542400 Special Supplies 64 130 0 0
Category: 5400 Materials, Supplies, and Services Total 8,772 7,061 7,150 7,150 Category: 5500 Contract Services
010-4195-551000 Professional Services 94,468 31,584 34,000 10,000 010-4195-551010 Media 10,978 0 0 0
010-4195-552000 Contract Services 281,768 407,799 385,983 321,215 Category: 5500 Contract Services Total 387,214 439,383 419,983 331,215 Category: 5600 Capital Outlay
010-4195-568300 Equipment 11,959 18,694 22,225 17,225
Category: 5600 Capital Outlay Total 11,959 18,694 22,225 17,225 Department: 4195 AUTOMATED OFFICE SYSTEMS Total 407,946 465,138 449,358 355,590 65 Los Angeles County Sheriff
Fiscal Year 2025-26/2026-27
unty S
Fiscal Year 2
66 City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4210 LOS ANGELES COUNTY SHERIFF
Category: 5400 Materials, Supplies, and Services
010-4210-543400 Maintenance Of Equipment 403 1,451 3,227 3,324 010-4210-543700 Insurance And Surety Bonds 568,490 612,632 655,408 665,239 Category: 5400 Materials, Supplies, and Services Total 568,894 614,083 658,635 668,563 Category: 5500 Contract Services
010-4210-552050 General Law 3,827,791 3,908,819 4,122,615 4,217,435 010-4210-552051 Traffic Enforcement 171,377 176,417 179,516 183,645 010-4210-552052 Special Events 17,020 15,531 20,874 20,874 010-4210-552056 Community Service Officer 39,980 42,113 44,388 45,409 010-4210-552057 Other Sheriff Services 0 0 3,757 3,757
010-4210-552058 Cops Program 1,095 7,682 29,119 29,119
010-4210-552059 Special Enforcement Deputy 466,152 533,021 505,985 517,623 010-4210-552060 Sttop 45,578 42,244 50,078 51,230
010-4210-552061 Fingerprint Tech 36,318 44,367 31,311 32,031 Category: 5500 Contract Services Total 4,605,310 4,770,194 4,987,643 5,101,123 Category: 5600 Capital Outlay
010-4210-568300 Equipment 0 0 3,131 3,225
Category: 5600 Capital Outlay Total 0 0 3,131 3,225
Department: 4210 LOS ANGELES COUNTY SHERIFF Total 5,174,204 5,384,277 5,649,409 5,772,911 67 Emergency Services
Fiscal Year 2025-26/2026-27
cy Ser
Fiscal Year 20 F
68 Emergency Services Emergency Services
Overview:

The City of Agoura Hills Emergency Services is housed in the City Manager’s office. Emergency Services includes
keeping the community prepared for various disasters
including earthquake, fire, hazardous material incidents, floods, and more.

Emergency Services is responsible for managing the City’s mass emergency notification system, attending meetings
of Disaster Management Area B Cities, oversight of the
City’s Community Emergency Response Team (CERT),
coordination with the Los Angeles County Fire
Department, review and update of the City Emergency
Operations Plan and Las Virgenes-Malibu Council of
Government’s Multi-Hazard Mitigation Plan.
69 Emergency Services Emergency Services
Mission Statement ission Statement
To assist the City and its citizens and businesses to prepare to respond to various disasters including earthquake, fire, hazardous material incidents, floods, transportation disasters and terrorism.

Services Services
The City Manager’s office offers various services, including the management of the Connect CTY system for emergency notifications, attendance at Disaster Management Area B Cities meetings, oversight of the CERT Disaster Response Team, coordination with the Los Angeles Fire Department for emergency training, and review and updates of the City Emergency Operations Plan. Additionally, they are involved in the Las Virgenes-Malibu Council of Government’s Multi-Hazard Mitigation Plan.

Service Level Trends Service Level Trends
As the City grows, service demands for this department continue to increase.

Prior Budget Accomplishments Prior Budget Accomplishments Pending pandemic conclusion, continue to increase City CERT DRT membership annually (minimum 5%)
Complete recertification of CERT DRT members - CPR/AED training for 2021-22
Begin work on updating/revising City Emergency Operation Plan Complete securement of equipment and programs related to the SMMC Fire Resiliency Grant
Objectives Objectives
Enhance wildfire risk mitigation through home-hardening programs and collaboration with fire agencies.

Strengthen emergency communication by improving evacuation outreach and educating residents on protocols.

Support public safety infrastructure with resources for the LA County Sheriff and Fire Department, including safe evacuation routes.

Address power outage preparedness by partnering with utility providers to create community support centers during safety power shutoffs.

Leverage funding strategically to maximize one-time grants for home hardening and wildfire preparedness.
70 City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4215 EMERGENCY SERVICES
Category: 5400 Materials, Supplies, and Services
010-4215-541500 Travel/conferences/meetings 720 591 700 700 010-4215-541700 Training 4,338 18,953 1,500 1,000
010-4215-542300 Printing 0 163 1,925 1,925
010-4215-542400 Special Supplies 11,602 10,855 10,000 6,730 010-4215-542700 Communications 5,858 6,083 13,544 13,762 Category: 5400 Materials, Supplies, and Services Total 22,518 36,644 27,669 24,117 Category: 5500 Contract Services
010-4215-552000 Contract Services 723 35,000 50,500 500 Category: 5500 Contract Services Total 723 35,000 50,500 500 Category: 5600 Capital Outlay
Category: 5600 Capital Outlay Total 0 0 0 0
Department: 4215 EMERGENCY SERVICES Total 23,240 71,644 78,169 24,617 71 City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4219 EMERGENCY INCIDENT
Category: 5400 Materials, Supplies, and Services
010-4219-542400 Special Supplies 0 14,037 0 0
Category: 5400 Materials, Supplies, and Services Total 0 14,037 0 0 Category: 5500 Contract Services
010-4219-551000 Professional Services 2,751 0 0 0
Category: 5500 Contract Services Total 2,751 0 0 0
Department: 4219 EMERGENCY INCIDENT Total 2,751 14,037 0 0 72 School Crossing School Crossing
Guards
Overview:

School Crossing Guards are public safety personnel
employed by the City of Agoura Hills to ensure the safe passage of children and other pedestrians at designated school crossings, particularly during the beginning and end of the school day. These positions are typically
funded by the General Fund and Special Funds.
73 City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4220 SCHOOL CROSSING GUARDS
Category: 5500 Contract Services
010-4220-551000 Professional Services 81,281 52,064 51,828 60,000 Category: 5500 Contract Services Total 81,281 52,064 51,828 60,000 Department: 4220 SCHOOL CROSSING GUARDS Total 81,281 52,064 51,828 60,000 74 Animal Care & Control Animal Care & Control
Services
Overview:

The City of Agoura Hills partners with Los Angeles
County’s Department of Animal Care and Control to
provide comprehensive animal services to the community.

Through this partnership, the City ensures compliance
with all County mandates, including Title 10 of the Los Angeles County Animal Control Code. Services include pet licensing, microchipping, spaying and neutering, and
overall animal care and control.

These services are managed through a contract overseen
by the City Manager’s Office. In addition to enforcement, the City and County work together to educate residents
and pet owners about responsible pet ownership, with
ongoing efforts to ensure all animals are properly licensed and cared for in accordance with local laws.
75 Animal Care & Control Services Animal Care & Control Services To assist the City with compliance of all County Los Angeles Animal Control mandates (e.g., LA County Title 10 - Animal Control Code) related to animal care and control, and educate residents, pet owners, etc., on properly license, care, microchip and neuter processes as necessary.

Mission Statement Mission Statement
Services Services
Animal control services are contracted through the Los Angeles County Department of Animal Care & Control and are managed by the City Manager's office.

Service Level Trends: Service Level Trends:

Animal Control continues to educate residents on proper licensing and local laws and continues it consistent efforts to proper license all animals.

Prior Budget Accomplishments: Prior Budget Accomplishments:

Increased renewal of Animal Licenses
Addressed reports of dogs off leash at local parks (increased patrols) Continue to work with Animal Control to resolve all animal related complaint issues
Developed protocol for animal control during natural disasters Objectives bjectives
Educate pet owners on care and local regulations.

Promote proper pet licensing.

Advocate for pet leash laws.

Collaborate with Animal Control on complaints.

Manage rising animal control costs (LA County).

Develop emergency protocols for animal control and pet safety. 76 City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4240 ANIMAL CONTROL
Category: 5500 Contract Services
010-4240-551000 Professional Services 0 6,300 0 0
010-4240-552000 Contract Services 106,712 79,455 100,000 100,000 Category: 5500 Contract Services Total 106,712 85,756 100,000 100,000 Department: 4240 ANIMAL CONTROL Total 106,712 85,756 100,000 100,000 77 $PNNVOJUZ
%FWFMPQNFOU
Fiscal Year 2025-26/2026-27
FWFMPQ
Fiscal Year 2025 c
78 Community Development Community Development
Department artment
Department Overview:

The Community Development Department of Agoura Hills
plays a key role in guiding the city’s growth, development, and long-term sustainability. The department is responsible for planning, building, and code enforcement services that ensure safe construction, vibrant neighborhoods, and
environmental compliance.

This includes reviewing development proposals for
consistency with the City’s General Plan, zoning
regulations, state housing laws, and CEQA. The department also oversees affordable housing efforts, updates local ordinances to align with state law, and enforces building and property maintenance codes. In addition, staff provides technical support to the City Council and Planning
Commission on matters related to new development,
neighborhood preservation, and community planning
initiatives.
79 Community Development
tment
Community Development
Department
Mission Statement Mission Statement
The division’s mission is to uphold the vision of the community to enhance the already great quality of life that exists in Agoura Hills.As guided by the City General Plan, we strive to ensure the orderly development of our city, guide and facilitate high quality projects, preserve our environment, promote the vitality of the business community, and preserve the unique character of our city and the quality of our neighborhoods.

Services Services
The division executes the City’s General Plan by implementing policies set by the City Council. Its responsibilities include reviewing land use and development permits, providing support for planning matters, assisting residents and businesses with zoning questions, conducting long-range planning studies, participating in regional planning, and ensuring compliance with zoning codes. Additionally, the staff processes business license applications and enforces related laws while focusing on professional development and customer service.

Service Level Trends ervice Level Trends
The division has experienced a rise in development applications for remodeling commercial centers, new projects, and residential developments, particularly in the Agoura Village Specific Plan area.

Several construction permits are being processed. Additionally, the Planning Division reviewed environmental documents for capital improvement and trail projects, such as the Kanan Road/Agoura Road Intersection Design and the Recreation and Event Center Trail. Customer service is set to improve with new technology and refined protocols. 80 Community Development
tment
Community Development
Department
Budget Accomplishments Budget Accomplishments
Updated the General Plan and Housing Element to meet state housing laws, certified by the California Department of Housing Community Development.

Drafted a ministerial process for Affordable Housing projects.

Rezoned 20 sites for multi-family affordable housing.

Amended the Agoura Village and Ladyface Mountain Specific Plans for multi-family developments.

Created Objective Design Standards for multi-family projects.

Drafted a Street Vendor Ordinance, Short Term Rental Program, and Outdoor Dining Ordinance amendment.

Completed Phases I and II of the Climate Action Adaptation Plan.

Commented on the Pure Water Project Environmental Impact Report.

Issued Temporary Outdoor Operation Permits to support local businesses.

Managed 12 discretionary permit applications.

Code Enforcement Division handled 42 complaints from "See Click Fix." Addressed 95 other complaints.

Issued various citations and stop work orders.
81 City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4305 COMMUNITY DEVELOPMENT
Category: 5100 Personnel
010-4305-510100 Regular Salaries 765,598 794,030 964,463 926,610 010-4305-510400 Special Pay 1,600 6,600 9,000 9,000
010-4305-510401 Car Allowance 2,400 2,400 2,400 2,400
010-4305-510402 Technology Allowance 4,475 4,560 5,070 4,590 010-4305-510500 Vacation/sick 7,157 8,856 15,350 8,197
010-4305-510600 Deferred Compensation 19,233 21,781 27,080 26,228 010-4305-510700 Retirement 128,797 117,462 166,746 91,784 010-4305-510800 Group Health Insurance 133,569 179,205 193,967 191,472 010-4305-510900 Group Dental Insurance 6,457 9,713 7,600 9,475 010-4305-511000 Group Life Insurance 1,953 2,333 1,996 2,457 010-4305-511100 Group Disability Insurance 9,168 10,102 10,956 11,556 010-4305-511200 Medicare Taxes 12,444 13,020 14,568 14,167 Category: 5100 Personnel Total 1,151,185 1,239,427 1,419,196 1,297,936 Category: 5400 Materials, Supplies, and Services
010-4305-541500 Travel/conferences/meetings 7,720 3,259 12,500 12,500 010-4305-541600 Membership And Dues 1,499 1,686 2,820 2,820 010-4305-542000 Office Supplies 506 351 500 500
010-4305-542200 Books And Subscriptions 541 576 550 550 010-4305-542300 Printing 1,042 0 2,000 2,000
010-4305-542400 Special Supplies 0 167 500 500
010-4305-542600 Advertising 7,923 5,044 6,000 6,000
010-4305-544000 Other Charges 3,073 235 1,400 1,400
Category: 5400 Materials, Supplies, and Services Total 22,303 11,318 26,270 26,270 Category: 5500 Contract Services
010-4305-551000 Professional Services 349,811 152,018 150,000 150,000 010-4305-552000 Contract Services 215,636 81,397 243,464 158,464 Category: 5500 Contract Services Total 565,446 233,415 393,464 308,464 Department: 4305 COMMUNITY DEVELOPMENT Total 1,738,934 1,484,160 1,838,930 1,632,670 82 Building and Safety
Fiscal Year 2025-26/2026-27
and S
Fiscal Year 2025 c
83 Building & Safety Building & Safety
Overview:

The Building & Safety Division ensures responsible
development in Agoura Hills by administering and
enforcing state and local construction regulations. The division conducts plan reviews, issues permits, and
provides building inspections to help maintain a safe and healthy built environment.

Through education, guidance, and professional service,
the division supports property owners, developers, and
the broader community in achieving compliance while
promoting safety, quality, and equity in construction
practices.
84 Building & Safety Building & Safety
The goal is to deliver top-notch customer service and professionalism to enhance the quality of life, health, and safety in Agoura Hills. Proactive enforcement of Building Codes ensures the proper design, construction, and maintenance of buildings, helping to achieve these objectives.

Services Services
Oversees all construction activities throughout the community. We provide plan review, permitting and inspection services to ensure all structures built in our community, meet the minimum code requirements and are safe for occupancy.

Service Level Trends Service Level Trends
As the level of development activity remained strong through the last ½ century, it slowed dramatically during the last decade due to economy.

However, in recent years the construction activities have picked up. Even though the department has not experienced many “new” construction submittals but there has been an increase in residential remodels, additions, solar permits as well as commercial tenant improvements.

Budget Accomplishments udget Accomplishments
Assisted the community during the Woolsey Fire, conducting field surveys and tagging buildings.

Continued support for residents with fire-damaged properties during recovery.

Attended training on the 2019 California Building Codes, effective January 1, 2020.

Prepared and adjusted the 2019 Codes for local climatic, geologic, and topographic conditions.

Presented the departmental budget to the Finance Director and City Manager.

Selected two local consultants from eight proposals for plan review and inspection services.

Reviewed reports on accessibility inspections for City facilities.

Presented training and events for the International Code Council's local chapter.

Conducted outreach programs to inform the community about building safety efforts.

Mission Mission
85 City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4390 BUILDING & SAFETY
Category: 5100 Personnel
010-4390-510100 Regular Salaries 244,281 274,883 284,890 293,441 010-4390-510401 Car Allowance 2,400 2,400 2,400 2,400
010-4390-510402 Technology Allowance 1,500 1,500 1,500 1,500 010-4390-510500 Vacation/sick 8,125 0 7,155 7,384
010-4390-510600 Deferred Compensation 6,155 5,769 8,701 7,103 010-4390-510700 Retirement 28,982 21,207 22,520 23,041
010-4390-510800 Group Health Insurance 46,583 50,881 61,740 56,263 010-4390-510900 Group Dental Insurance 2,955 3,147 3,148 3,210 010-4390-511000 Group Life Insurance 593 637 584 652
010-4390-511100 Group Disability Insurance 2,980 3,259 3,216 3,387 010-4390-511200 Medicare Taxes 3,755 4,080 4,360 4,521
Category: 5100 Personnel Total 348,309 367,764 400,215 402,902 Category: 5400 Materials, Supplies, and Services
010-4390-541500 Travel/conferences/meetings 2,407 2,111 5,250 4,250 010-4390-541600 Membership And Dues 945 990 2,250 2,500 010-4390-542000 Office Supplies 41 0 250 250
010-4390-542200 Books And Subscriptions 1,762 35 5,500 2,000 010-4390-542300 Printing 128 425 1,000 1,000
010-4390-542500 Small Equipment 55 74 2,000 2,000
010-4390-542600 Advertising 0 0 3,750 2,500
Category: 5400 Materials, Supplies, and Services Total 5,338 3,635 20,000 14,500 Category: 5500 Contract Services
010-4390-552000 Contract Services 403,542 683,972 480,000 480,000 Category: 5500 Contract Services Total 403,542 683,972 480,000 480,000 Department: 4390 BUILDING & SAFETY Total 757,190 1,055,371 900,215 897,402 86 Recreation Recreation
Overview:

The City of Agoura Hills Recreation Department plans,
organizes, and delivers a variety of recreational programs, community events, and facility management services to
enhance the quality of life for residents of all ages. The department manages parks, sports fields, playgrounds,
and recreation centers while promoting active living,
social connection, and overall community wellness.

Its responsibilities include coordinating sports leagues, fitness and wellness classes, seasonal camps, cultural
activities, and special events. The department works
closely with local organizations, schools, and volunteers to provide inclusive and accessible programs that meet the diverse needs of the community.
87 City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4420 RECREATION
Category: 5100 Personnel
010-4420-510200 Part-time Salaries 11,391 4,871 2,000 2,000 010-4420-5102A0 Part - Time Salaries 1,794 7,940 44,900 15,900 010-4420-5102B0 Part - Time Salaries 171 173 10,700 10,700 010-4420-5102C0 Part - Time Salaries 5,606 15,435 68,050 15,000 010-4420-5102D0 Part - Time Salaries 9,830 13,636 19,500 19,500 010-4420-5102E0 Part - Time Salaries 1,729 0 0 0
010-4420-5102G0 Part-time Salaries - Teens 429 3,103 5,600 5,600 010-4420-5102H0 Part - Time Salaries 7,102 4,734 5,789 5,789 010-4420-5102I0 Part - Time Salaries 10,241 11,092 10,932 10,932 010-4420-510700 Retirement 251 175 0 0
010-4420-510800 Group Health Insurance 1,772 0 0 0
010-4420-510900 Group Dental 26 0 0 0
010-4420-511200 Medicare Taxes 700 894 2,800 2,800
Category: 5100 Personnel Total 51,041 62,053 170,271 88,221 Category: 5400 Materials, Supplies, and Services
010-4420-5423A0 Printing - Classes 64 267 800 800
010-4420-5423B0 Printing -excursions 0 50 0 0
010-4420-5423C0 Printing - Camps 0 167 630 630
010-4420-5423D0 Printing - Seniors 2,811 2,941 4,000 4,000 010-4420-5423G0 Printing - Teens 250 600 500 500
010-4420-5423H0 Printing - Comm Services 13,707 12,100 16,740 16,740 010-4420-5423I0 Printing-Cultural Arts 3,700 6,949 10,930 10,930 010-4420-542400 Special Supplies 331 266 0 0
010-4420-5424A0 Special Supplies - Classes 107 532 1,200 1,200 010-4420-5424B0 Special Supplies - Excursions 0 0 420 420 010-4420-5424C0 Special Supplies - Camps 1,123 718 2,450 2,450 010-4420-5424D0 Special Supplies - Seniors 4,764 5,157 5,700 5,700 010-4420-5424F0 Special Supplies - Sports 225 570 700 700 010-4420-5424G0 Special Supplies - Teens 823 0 1,000 1,000 010-4420-5424H0 Special Supplies - Comm Servic 7,130 8,008 9,000 9,000 010-4420-5424I0 Special Supplies - Cultural Arts 2,781 4,860 3,975 3,975 010-4420-5426C0 Advertising - Camps 0 0 1,000 1,000
010-4420-5426D0 Advertising-seniors 0 120 500 500
010-4420-5426G0 Advertising-teens 201 0 0 0
010-4420-542900 Rents And Leases 2,210 0 0 0
010-4420-5429F0 Rents And Leases - Sports 162 2,197 8,700 8,700 010-4420-5429H0 Rents And Leases - Comm Servic 6,062 9,031 10,150 10,150 010-4420-5440B0 Other Charges - Excursions 4,085 4,085 18,425 18,425 010-4420-5440D0 Other Charges - Seniors 15,784 13,865 14,128 14,125 010-4420-5440G0 Other Charges - Teens 0 0 600 600
Category: 5400 Materials, Supplies, and Services Total 66,320 72,484 111,548 111,545 88 City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Category: 5500 Contract Services
010-4420-5510H0 Professional Services-comm Ser 16,243 19,531 16,950 16,950 010-4420-5510I0 Professional Services - Cultural Arts 12,440 11,393 12,300 12,300 010-4420-5520A0 Contract Services - Classes 59,790 45,117 45,600 33,600 010-4420-5520C0 Contract Services - Camps 6,183 8,279 33,559 15,000 010-4420-5520D1 Contract Services - Seniors 5,788 8,870 7,200 7,200 010-4420-5520F0 Contract Services - Sports 1,844 0 0 0
010-4420-5520G0 Contract Services -teens 0 0 6,300 6,300 Category: 5500 Contract Services Total 102,288 93,189 121,909 91,350 Department: 4420 RECREATION Total 219,649 227,726 403,728 291,116 89 Reyes Adobe Site Reyes Adobe Site
Overview:

The Reyes Adobe is a preserved 19th-century adobe home
and cultural landmark located in Agoura Hills. Built
around 1850, it is one of the oldest structures in the Conejo Valley and reflects the area's early Californio rancho
heritage influenced by Spanish and Mexican history.

Today, the site features the original adobe structure, a museum highlighting 19th-century rancho life, and
educational and cultural programs for the community.

Operated by the City of Agoura Hills, the Reyes Adobe
represents the city’s dedication to preserving and sharing its local history.
90 City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4425 REYES ADOBE
Category: 5100 Personnel
010-4425-510200 Part-time salaries 0 845 15,050 15,050
010-4425-511200 Medicare taxes 0 12 218 218
Category: 5100 Personnel Total 0 857 15,268 15,268
Category: 5400 Materials, Supplies, and Services
010-4425-542000 Office Supplies 20 0 500 500
010-4425-542300 Printing 0 242 1,000 1,000
010-4425-542400 Special Supplies 1,500 509 1,500 1,500
010-4425-542700 Communications 2,722 1,534 2,000 2,000
010-4425-543000 Maintenance Buildings/grounds 23,283 17,725 23,700 23,700 Category: 5400 Materials, Supplies, and Services Total 27,525 20,010 28,700 28,700 Category: 5500 Contract Services
010-4425-552000 Contract Services 5,000 0 5,000 5,000
Category: 5500 Contract Services Total 5,000 0 5,000 5,000 Category: 5600 Capital Outlay
010-4425-568200 Other Improvements 18,700 0 30,000 30,000 Category: 5600 Capital Outlay Total 18,700 0 30,000 30,000 Department: 4425 REYES ADOBE Total 51,225 20,867 78,968 78,968 91 Recreation Center Recreation Center
Overview:

The City of Agoura Hills Recreation Department plans,
organizes, and delivers a variety of recreational programs, community events, and facility management services to
enhance the quality of life for residents of all ages. The department manages parks, sports fields, playgrounds,
and recreation centers while promoting active living,
social connection, and overall community wellness.

Its responsibilities include coordinating sports leagues, fitness and wellness classes, seasonal camps, cultural
activities, and special events. The department works
closely with local organizations, schools, and volunteers to provide inclusive and accessible programs that meet the diverse needs of the community.
92 City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4426 RECREATION CENTER
Category: 5100 Personnel
010-4426-510200 Part Time Salaries 109,374 119,627 115,854 115,854 010-4426-510700 Retirement 1,776 1,920 6,575 0
010-4426-510800 Group Health Insurance 6,172 0 0 0
010-4426-510900 Group Dental Insurance 221 0 0 0
010-4426-511200 Medicare Taxes 1,583 1,735 1,680 1,680
Category: 5100 Personnel Total 119,125 123,282 124,109 117,534 Category: 5400 Materials, Supplies, and Services
010-4426-542300 Printing 0 0 3,495 3,495
010-4426-542400 Special supplies 7,082 10,657 10,000 10,000 010-4426-542700 Communications 11,830 1,036 10,000 10,000 010-4426-542800 Utilities 82,013 94,840 90,000 90,000
010-4426-542801 Water 13,267 16,561 18,000 18,000
010-4426-543000 Maintenance buildings/grounds 234,433 224,995 192,800 197,800 010-4426-543400 Maintenance of equipment 6,758 7,285 10,000 10,000 Category: 5400 Materials, Supplies, and Services Total 355,383 355,372 334,295 339,295 Category: 5500 Contract Services
010-4426-551000 Professional services 4,715 5,194 7,850 7,850 010-4426-552000 Contract services 60,367 61,081 65,000 65,000 Category: 5500 Contract Services Total 65,082 66,275 72,850 72,850 Category: 5600 Capital Outlay
010-4426-568200 Other improvements 74,743 66,702 68,000 80,000 010-4426-568300 Equipment 16,000 16,000 16,000 16,000
Category: 5600 Capital Outlay Total 90,743 82,702 84,000 96,000 Department: 4426 RECREATION CENTER Total 630,334 627,631 615,254 625,679 93 City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4430 SPECIAL EVENTS
Category: 5100 Personnel
010-4430-510200 Part-time Salaries 17,945 26,148 34,022 34,022 010-4430-510700 Retirement 64 43 0 0
010-4430-510800 Group Health Insurance 228 0 0 0
010-4430-510900 Group Dental Insurance 7 0 0 0
010-4430-511200 Medicare Taxes 260 379 493 493
Category: 5100 Personnel Total 18,504 26,571 34,516 34,515 Category: 5400 Materials, Supplies, and Services
010-4430-542300 Printing 39,223 38,242 38,300 49,300
010-4430-542400 Special Supplies 16,596 20,033 16,000 16,000 Category: 5400 Materials, Supplies, and Services Total 55,820 58,274 54,300 65,300 Category: 5500 Contract Services
010-4430-551000 Professional Services 105,245 112,115 119,300 112,000 010-4430-552000 Contract Services 67,449 85,493 98,350 98,350 Category: 5500 Contract Services Total 172,693 197,608 217,650 210,350 Department: 4430 SPECIAL EVENTS Total 247,017 282,453 306,466 310,165 94 Community Services
Fiscal Year 2025-26/2026-27
y Serv
Fiscal Year 2025- i
95 Community Services Community Services
Department
Department Overview:

The Community Services Department enriches the lives of Agoura Hills residents by offering diverse programs that promote health, wellness, and a strong sense of community.

From tots to seniors, the department coordinates engaging activities, facility use, and special events that bring people together. Highlights from the past year include hosting the City’s first-ever patriotic Drone Show, launching the longawaited “RAD Run” at Reyes Adobe Days, and completing the Chumash Park Restroom Renovation Project.

The team also implemented four well-attended Art Shows
and welcomed over 250 guests to the One City, One Book
“Evening with the Author” event. Thousands of residents participate annually in organized programs, special events, and park activities—making this department a heartbeat of the community.
96 Community Services Department Community Services Department The Department of Community Services is charged with providing recreation programs, community service, and cultural events that will enrich and enhance the quality of life for citizens of Agoura Hills.

Mission Statement Mission Statement
Services Services
The Department of Community Services offers various recreation programs, community services, and cultural events for all ages, including special events like Reyes Adobe Days and Summer Concerts in the Park.

Its responsibilities include managing the City’s transportation program, providing social services, facilitating a volunteer program, and maintaining playgrounds, picnic areas, and sports facilities. Additionally, the Department oversees the Reyes Adobe Historical Site, including educational tours and events. It collaborates with several boards and committees and manages City-wide landscape services, including parks and irrigation systems.

Service Level Trends: Service Level Trends:

As the demographics of the Agoura Hills population continues to change, the Department of Community Services is charged with keeping up with the changes in demands for programs and services.
97 Centralized volunteer program efforts which included implementing year-round teen volunteer program
Cultural Arts Council hosted five separate Art Shows as part of the Art Gallery Series, including the Student Art Show, Solo Artist Show, and the Photography Show. CAC also presented the student scholarship to the Agoura High School Arts program, as part of the annual Give 91301 program
Hosted another One City One Book event with bestselling author and over 500 people in attendance
Hosted Community Service Days with intent of being more Agoura Hills – Centric.

Implemented monthly information blasts for the Teen and Senior Programs, along with Special Events
Hosted a Creek Clean-Up Day as part of Community Service Days, with more than 150 people participating.

Community Services Department Community Services Department Prior Budget Accomplishments Prior Budget Accomplishments 98 City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4440 COMMUNITY SERVICES
Category: 5100 Personnel
010-4440-510100 Regular Salaries 805,149 838,979 835,050 855,089 010-4440-510200 Part-time Salaries 63,755 78,279 0 0
010-4440-510401 Car Allowance 2,400 2,400 2,400 2,400
010-4440-510402 Technology Allowance 7,493 7,323 7,620 7,620 010-4440-510500 Vacation/sick 23,377 24,621 36,336 41,685 010-4440-510600 Deferred Compensation 21,775 20,296 28,640 29,557 010-4440-510700 Retirement 197,384 229,600 203,673 98,274 010-4440-510800 Group Health Insurance 176,252 168,250 162,070 175,105 010-4440-510900 Group Dental Insurance 8,852 9,734 8,191 8,447 010-4440-511000 Group Life Insurance 2,031 2,161 1,769 2,165 010-4440-511100 Group Disability Insurance 9,554 9,918 9,481 9,927 010-4440-511200 Medicare Taxes 13,356 14,014 12,909 13,577 Category: 5100 Personnel Total 1,331,376 1,405,576 1,308,140 1,243,846 Category: 5400 Materials, Supplies, and Services
010-4440-541500 Travel/conferences/meetings 25 1,052 1,000 1,000 010-4440-541600 Membership And Dues 611 3,853 2,500 2,500 010-4440-542000 Office Supplies 6,218 4,575 5,000 5,000 010-4440-542100 Postage 8,500 10,541 12,000 12,000
010-4440-542300 Printing 47,301 44,827 51,500 51,500
010-4440-542400 Special Supplies 2,820 4,545 3,000 3,000 010-4440-542900 Rents And Leases 7,851 6,323 7,000 7,000 010-4440-543100 Mileage 0 0 400 400
010-4440-544000 Other Charges 45,249 47,532 45,950 45,950 Category: 5400 Materials, Supplies, and Services Total 118,575 123,248 128,350 128,350 Department: 4440 COMMUNITY SERVICES Total 1,449,950 1,528,992 1,436,490 1,372,196 99 Park’s Maintenance Park’s Maintenance
Overview:

The Parks Maintenance Division is responsible for the
care, upkeep, and enhancement of all city-owned parks,
recreational facilities, open spaces, trails, and
landscaped areas. The division ensures that public
green spaces are safe, clean, and accessible for residents and visitors year-round. Maintenance activities include turf care, tree and shrub maintenance, irrigation
system management, playground inspections, facility
repairs, litter and graffiti removal, and support for
community events and recreational programming.
100
City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4450 PARKS MAINTENANCE
Category: 5400 Materials, Supplies, and Services
010-4450-542400 Special Supplies 30,511 14,328 50,000 50,000 010-4450-5424H0 Special Supplies - Comm Servic 56,986 63,730 54,500 54,500 010-4450-542800 Utilities 2,791 2,867 3,000 3,000
010-4450-542801 Water 65,200 111,147 124,800 124,800
010-4450-542900 Rents And Leases 3,420 3,135 5,135 5,135 010-4450-543000 Maintenance Buildings/grounds 62,162 69,458 50,000 50,000 Category: 5400 Materials, Supplies, and Services Total 221,070 264,664 287,435 287,435 Category: 5500 Contract Services
010-4450-552000 Contract Services 376,208 396,664 380,439 380,439 010-4450-552095 Tree Maintenance In Parks 24,039 29,235 25,000 25,000 Category: 5500 Contract Services Total 400,248 425,898 405,439 405,439 Department: 4450 PARKS MAINTENANCE Total 621,334 690,562 692,874 692,874 101
Public Works
Fiscal Year 2025-26/2026-27
ic W
Fiscal Year 2025 c
102
Public Works Public Works
Department
Department Overview:

The Public Works Department is responsible for the
maintenance and construction improvement of the City’s
public infrastructure, which includes: streets, sidewalks, storm drains, sewer system, street lighting, traffic signals, parks, medians, parkways, signs, bridges, and trees.

In addition, the Public Works Department administers and manages the street sweeping, Federal Emergency
Management Administration (FEMA) floodplain, and water
quality programs.

The department is also responsible for planning, designing, and constructing Public Works projects in the Capital
Improvement Program, administering the review and
permitting for grading, drainage, and right-of-way components of the land development process; managing landscape services for medians, parkways, and public right-of-way areas; and providing 24-hour emergency response for situations within the public right-of-way.
103
City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4505 PUBLIC WORKS
Category: 5100 Personnel
010-4505-510100 Regular Salaries 456,406 323,310 449,553 461,433 010-4505-510401 Car Allowance 2,400 2,100 4,800 4,800
010-4505-510402 Technology Allowance 5,580 4,458 7,080 7,080 010-4505-510500 Vacation/sick 15,380 14,113 29,160 30,093 010-4505-510600 Deferred Compensation 16,363 12,214 24,104 24,842 010-4505-510700 Retirement 125,099 134,373 148,549 61,584 010-4505-510800 Group Health Insurance 101,512 69,523 117,164 123,505 010-4505-510900 Group Dental Insurance 6,379 4,208 7,021 7,161 010-4505-511000 Group Life Insurance 1,185 770 1,269 1,327 010-4505-511100 Group Disability Insurance 5,464 3,633 5,044 5,344 010-4505-511200 Medicare Taxes 6,966 4,926 7,078 7,660
Category: 5100 Personnel Total 742,733 573,630 800,822 734,829 Category: 5400 Materials, Supplies, and Services
010-4505-541500 Travel/conferences/meetings 1,480 212 5,500 5,500 010-4505-541600 Membership And Dues 680 2,277 2,200 2,400 010-4505-542000 Office Supplies 282 0 400 400
010-4505-542200 Books And Subscriptions 0 454 800 800
010-4505-542300 Printing 416 0 500 500
010-4505-542400 Special Supplies 963 786 1,500 1,500
010-4505-542600 Advertising 1,088 835 2,500 2,500
010-4505-543400 Maintenance Of Equipment 237 0 500 500
010-4505-544000 Other Charges 43 53 0 0
Category: 5400 Materials, Supplies, and Services Total 5,189 4,617 13,900 14,100 Category: 5500 Contract Services
010-4505-551000 Professional Services 91,177 83,764 55,000 45,000 010-4505-552000 Contract Services 152,337 280,453 252,000 192,000 010-4505-552002 Plan Check And Inspection 70,000 135,532 150,000 150,000 010-4505-552003 Special Projects 106,030 52,221 60,000 60,000 Department: 4505 PUBLIC WORKS Total 1,167,466 1,130,218 1,331,722 1,195,929 104
Traffic Safety Traffic Safety
Overview:

The Traffic Safety Program is committed to enhancing the overall safety and efficiency of the City’s transportation network for all users—including motorists, pedestrians, bicyclists, and public transit riders.

This comprehensive initiative focuses on the planning,
implementation, and upkeep of key traffic safety elements such as traffic control measures, signage, crosswalks, traffic calming strategies, and street lighting enhancements. By working collaboratively with law enforcement, public works, and community stakeholders, the program aims to reduce
traffic collisions, improve mobility, and foster safer, more accessible streets throughout the City.
105
City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4510 TRAFFIC SAFETY
Category: 5500 Contract Services
010-4510-552000 Contract Services 22,100 20,400 45,000 45,000 010-4510-552014 Accident repairs 46,726 30,487 10,000 10,000 Category: 5500 Contract Services Total 68,826 50,887 55,000 55,000 Department: 4510 TRAFFIC SAFETY Total 68,826 50,887 55,000 55,000 106
Landscape Landscape
Maintenance ntenance
Overview:

The Landscape Maintenance program supports the ongoing
care, enhancement, and preservation of the City’s landscaped public spaces. This includes parks, medians, greenbelts, streetscapes, and the grounds surrounding public facilities.

The program ensures these areas are kept safe, clean,
visually appealing, and environmentally sustainable yearround, contributing to the overall beauty and livability of Agoura Hills.
107
City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4520 LANDSCAPE MAINTENANCE
Category: 5400 Materials, Supplies, and Services
010-4520-542400 Special Supplies 42,047 61,637 100,000 100,000 010-4520-542800 Utilities 4,705 3,945 6,000 6,000
010-4520-543000 Maintenance Buildings/grounds 9,851 1,346 10,000 10,000 Category: 5400 Materials, Supplies, and Services Total 56,603 66,928 116,000 116,000 Category: 5500 Contract Services
010-4520-552000 Contract Services 109,881 133,000 130,000 130,000 010-4520-552020 Street Repairs & Maintenance 10,000 10,000 10,000 6,000 010-4520-552031 Graffiti Removal 6,000 11,534 6,000 6,000 010-4520-552032 Equestrian Trail Maintenance 4,000 5,102 10,000 10,000 010-4520-552035 Median Island Maintenance 22,512 15,018 30,000 30,000 Category: 5500 Contract Services Total 152,393 174,655 186,000 182,000 Department: 4520 LANDSCAPE MAINTENANCE Total 208,996 241,583 302,000 298,000 108
Storm Drain Storm Drain
Overview:

The Storm Drain Fund supports the maintenance, repair, and improvement of the City’s storm drainage system. It ensures effective management of stormwater runoff to help prevent flooding, reduce pollution, and protect public health and the environment. Funding is used for activities such as cleaning and inspecting storm drains, upgrading infrastructure,
implementing stormwater projects, and meeting
environmental compliance requirements.
109
City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4525 STORM DRAIN & FLOOD CONTROL
Category: 5500 Contract Services
010-4525-552041 Storm Drain Maintenance 125,000 125,000 125,000 125,000 010-4525-552043 Npdes Compliance 265,581 315,900 246,522 255,000 Category: 5500 Contract Services Total 390,581 440,900 371,522 380,000 Department: 4525 STORM DRAIN& FLOOD CONTROL Total 390,581 440,900 371,522 380,000 110
City of Agoura Hills
Budget
FY2023-24 to FY2026-27
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Department: 4610 OTHER IMPROVEMENTS
Category: 6000 Other Improvements/Projects
010-4610-600100 City Beautification 10,000 10,000 10,000 0 Category: 6000 Other Improvements/Projects Total 10,000 10,000 10,000 0 Department: 4610 OTHER IMPROVEMENTS Total 10,000 10,000 10,000 0 Fund: 010 - GENERAL Total 18,322,814 19,091,400 19,854,006 19,549,473 111
112
Fund 011 Capital Projects Fund Overview
To account for funds to be used for various capital projects throughout the City.

Major Projects/Programs: Morrison Park Rehabilitation Project 2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 011 - CAPITAL PROJECT FUND
Category: 4003 Intergovernmental
011-0000-334547 Morrison Park 0 243,153 167,235 0
Category: 4003 Intergovernmental Total 0 243,153 167,235 0 Category: 4006 Investment Income
011-0000-371000 Interest Earnings 32,210 11,621 16,000 16,000 Category: 4006 Investment Income Total 32,210 11,621 16,000 16,000 Fund: 011 - CAPITAL PROJECT FUND Total 32,210 254,774 183,235 16,000 Appropriations
Fund: 011 - CAPITAL PROJECT FUND
Department: 4190 NON DEPARTMENTAL
Category: 5500 Contract Services
011-4190-551008 Contingency 5,321 0 0 0
Category: 5600 Capital Outlay 5,321 0 0 0
Department: 4190 NON DEPARTMENTAL Total 5,321 0 0 0
Department: 4215 EMERGENCY SERVICES
Category: 5600 Capital Outlay
011-4215-568200 Other Improvements 39,736 0 0 0
Category: 5600 Capital Outlay 39,736 0 0 0
Department: 4215 EMERGENCY SERVICES Total 39,736 0 0 0
Department: 4620 PARK IMPROVEMENTS
Category: 6000 Other Improvements/Projects
011-4620-610300 Park Improvements 202,571 415,846 0 0
011-4620-610500 Morrison Park Improvements 302,582 167,235 0 011-4640-610600 Reyes Adobe 21,914 24,268 0 0
Category: 6000 Other Improvements/Projects Total 224,485 742,696 167,235 0 Department: 4620 PARK IMPROVEMENTS Total 224,485 742,696 167,235 0 Department: 4640 STREET IMPROVEMENTS
Category: 6200 Street Improvements
011-4640-630500 Annual Overlay 163,234 0 0 0
Category: 6200 Street Improvements Total 163,234 0 0 0
Department: 4640 STREET IMPROVEMENTS Total 163,234 0 0 0 Fund: 011 - CAPITAL PROJECT FUND Total 432,776 742,696 167,235 0 Excess (Deficiency) of Revenues (400,566) (487,922) 16,000 16,000 Other Financing Sources (Uses) 72,476 96,000 - -
Beginning Fund Balance 857,346 529,256 137,334 153,334
Ending Fund Balance 529,256 137,334 153,334 169,334
City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
113
Fund 012 Facilities Fund Overview
To account for funds to be used for various projects throughout the city facilities.

Major Projects/Programs: Civic Center Microgrid Project 2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 012 - FACILITIES FUND
Category: 4006 Investment Income
012-0000-371000 Interest Earnings 22,804 28,774 10,000 8,000 Category: 4006 Investment Income Total 22,804 28,774 10,000 8,000 Fund: 012 - FACILITIES FUND Total 22,804 28,774 10,000 8,000 Appropriations
Fund: 012 - FACILITIES FUND
Department: 4180 PUBLIC FACILITIES
Category: 5600 Capital Outlay
012-4180-568200 Other Improvements 22,976 22,000 0 500,000 Category: 5600 Capital Outlay Total 22,976 22,000 0 500,000 Department: 4180 PUBLIC FACILITIES Total 22,976 22,000 0 500,000 Fund: 012 - FACILTIES FUND Total 22,976 22,000 0 500,000 Excess (Deficiency) of Revenues (172) 6,774 10,000 (492,000) Other Financing Sources (Uses) 100,000 - - -
Beginning Fund Balance 515,117 614,945 621,719 631,719
Ending Fund Balance 614,945 621,719 631,719 139,719
City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
114
Fund 013 OPEN SPACE Fund Overview
To account for funds to be used for open space and to purchase parcel as it becomes available. 2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 013 - OPEN SPACE
Category: 4006 Investment Income
013-0000-371000 Interest Earnings 5,012 5,565 4,000 4,000 Category: 4006 Investment Income Total 5,012 5,565 4,000 4,000 Fund: 013 - OPEN SPACE Total 5,012 5,565 4,000 4,000
Appropriations
Fund: 013 - OPEN SPACE
Department: 4190 Non Departmental
Category: 5400 Materials, Supplies, and Services
013-4190-542400 Special Supplies 2,268 0 0 0
Category: 5400 Materials, Supplies, and Services Total 2,268 0 0 0 Department: 4190 Non Departmental Total 2,268 0 0 0
Fund: 013 - OPEN SPACE Total 2,268 0 0 0
Excess (Deficiency) of Revenues 2,744 5,565 4,000 4,000 Other Financing Sources (Uses) - - - -
Beginning Fund Balance 110,147 112,891 118,456 122,456
Ending Fund Balance 112,891 118,456 122,456 126,456
City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
115
Fund 014 Fiber Optic In Lieu Fund Overview
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 014 - FIBER OPTIC Council of Government (COG) Project Category: 4003 Intergovernmental
014-0000-333100 COG Contribution 1,500,000
Category: 4003 Intergovernmental Total 1,500,000
Category: 4006 Investment Income
014-0000-371000 Interest Earnings
Category: 4006 Investment Income Total 0
Fund: 014 - FIBER OPTIC Total 1,500,000
Appropriations
Fund: 014 - FIBER OPTIC
Department: 4505 PUBLIC WORKS
Category: 5500 Contract Services
014-4505-551000 Professional Services 500,000
014-4505-552000 Contract Services 999,400
Category: 5500 Contract Services Total 1,499,400
Department: 4150 FINANCE
Category: 5400 Materials, Supplies, and Services
014-4150-544000 Other Charges 600
Category: 5400 Materials, Supplies, and Services Total 600 Fund: 014 - FIBER OPTIC IN LIEU Total 1,500,000
Excess (Deficiency) of Revenues - -
Other Financing Sources (Uses) - - - -
Beginning Fund Balance - #VALUE!
Ending Fund Balance - #VALUE! #VALUE! #VALUE!
City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
To account for in-lieu fees that are committed for constructing fiber infrastructure across the communities of Calabasa, Hidden Hills, Malibu, Agoura Hills and Westlake Village.
116
Fund 015 Recreation Center Capital Proj Fund Overview
To account for funds to be used for the development or maintenance of the City's recreation center.

Major Projects/Programs: Rec Center Trail Project
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 015 - RECREATION CENTER CAPITAL PROJ
Category: 4003 Intergovernmental
015-0000-334500 Miscellaneous Grants 0 0 41,443 0
Category: 4003 Intergovernmental Total 0 0 41,443 0
Category: 4006 Investment Income
015-0000-371000 Interest Earnings 881 285 0 0
Category: 4006 Investment Income Total 881 285 0 0
Fund: 015 - RECREATION CENTER CAPITAL PROJ Total 881 285 41,443 0 Appropriations
Fund: 015 - RECREATION CENTER CAPITAL PROJ
Department: 4610 OTHER IMPROVEMENTS
Category: 6000 Other Improvements/Projects
015-4610-601500 Trails 24,935 20,030 222,187 0
Category: 6000 Other Improvements/Projects Total 24,935 20,030 222,187 0 Department: 4610 OTHER IMPROVEMENTS Total 24,935 20,030 222,187 0 Fund: 015 - RECREATION CENTER CAPITAL PROJ Total 24,935 20,030 222,187 0 Excess (Deficiency) of Revenues (24,054) (19,745) (180,744) - Other Financing Sources (Uses) - 104,000 10,300
Beginning Fund Balance 33,192 9,138 93,393 (77,051)
Ending Fund Balance 9,138 93,393 (77,051) (77,051)
City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
117
Fund 016 Storm Water Cap Project Fund Overview
To account for funds to be used for the development or maintenance of the City's storm water program.

Major Projects/Programs: Storm Drain Diversion
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 016 - STORM WATER CAP PROJECT FUND
Category: 4006 Investment Income
016-0000-371000 Interest Earnings 51,867 70,876 50,000 20,000 Category: 4006 Investment Income Total 51,867 70,876 50,000 20,000 Category: 4008 Other Revenue
016-0000-391000 Miscellaneous Revenue 299,711 40,621 66,769 3,754 Category: 4008 Other Revenue Total 299,711 40,621 66,769 3,754 Fund: 016 - STORM WATER CAP PROJECT FUND Total 351,578 111,496 116,769 23,754 Appropriations
Fund: 016 - STORM WATER CAP PROJECT FUND
Department: 4505 PUBLIC WORKS
Category: 5600 Capital Outlay
016-4505-552043 Driver Drain Improvements 144,462
Category: 5600 Capital Outlay Total 144,462
Department: 4505 PUBLIC WORKS Total
Department: 4525 STORM DRAIN & FLOOD CONTROL
Category: 5500 Contract Services
016-4525-551000 Professional Services 30,612 0 0 0
Category: 5500 Contract Services Total 30,612 0 0 0
Department: 4525 STORM DRAIN& FLOOD CONTROL Total 30,612 0 0 0 Department: 4610 OTHER IMPROVEMENTS
Category: 6200 Street Improvements
016-4610-632300 Storm Drain Diversion 0 360 0 970,610
Category: 6200 Street Improvements Total 0 360 0 970,610 Department: 4610 OTHER IMPROVEMENTS Total 0 360 0 970,610 Fund: 016 - STORM WATER CAP PROJECT FUND Total 30,612 360 0 1,115,072 Excess (Deficiency) of Revenues 320,966 111,136 116,769 (1,091,318) Other Financing Sources (Uses) - - - -
Beginning Fund Balance 1,091,162 1,412,128 1,523,264 1,640,033 Ending Fund Balance 1,412,128 1,523,264 1,640,033 548,715 City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
118
Fund 018 Measure R Grant Fund Overview
To account for funds received through Metropolitan Transit Authority Regional Funds Measure R.

Major Projects/Programs: Kanan/Agoura Road Intersection 2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 018 - MEASURE R GRANT
Category: 4003 Intergovernmental
018-0000-333101 Measure R Grant 496,097 407,843 83,500 0 Category: 4003 Intergovernmental Total 496,097 407,843 83,500 0 Category: 4006 Investment Income
018-0000-371000 Interest Earnings 52 0 0 0
Category: 4006 Investment Income Total 52 0 0 0
Fund: 018 - MEASURE R GRANT Total 496,149 407,843 83,500 0 Appropriations
Fund: 018 - MEASURE R GRANT
Department: 4120 CITY MANAGER
Category: 5100 Personnel
018-4120-510100 Regular Salaries 17,437 15,914 0 0
018-4120-510700 Retirement 2,611 2,230 0 0
018-4120-510800 Group Health Insurance 1,908 1,750 0 0
018-4120-510900 Group Dental Insurance 132 107 0 0
018-4120-511000 Group Life Insurance 26 20 0 0
018-4120-511100 Group Disability Insurance 196 185 0 0
018-4120-511200 Medicare Taxes 257 235 0 0
Category: 5100 Personnel Total 22,567 20,441 0 0
Department: 4120 CITY MANAGER Total 22,567 20,441 0 0
Department: 4150 FINANCE
Category: 5100 Personnel
018-4150-510100 Regular Salaries 36,465 17,647 5,352 0
018-4150-510700 Retirement 3,743 1,425 427 0
018-4150-510800 Group Health Insurance 5,737 2,746 558 0 018-4150-510900 Group Dental Insurance 292 114 52 0
018-4150-511000 Group Life Insurance 87 49 12 0
018-4150-511100 Group Disability Insurance 453 211 61 0 018-4150-511200 Medicare Taxes 539 262 73 0
Category: 5100 Personnel Total 47,316 22,454 6,535 0
Department: 4150 FINANCE Total 47,316 22,454 6,535 0
Department: 4305 COMMUNITY DEVELOPMENT
Category: 5100 Personnel
018-4305-510100 402 0 0 0
018-4305-510700 Retirement 29 0 0 0
018-4305-510800 Group Health Insurance 39 0 0 0
018-4305-510900 Group Dental Insurance 2 0 0 0
018-4305-511000 Group Life Insurance 1 0 0 0
018-4305-511100 Group Disability Insurance 4 0 0 0
018-4305-511200 Medicare Taxes 0 0 0
Category: 5100 Personnel Total 477 0 0 0
Department: 4305 COMMUNITY DEVELOPMENT Total 477 0 0 0
City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
119
Department: 4505 PUBLIC WORKS
Category: 5100 Personnel
018-4505-510100 Regular Salaries 120,113 91,316 5,613 0 018-4505-510700 Retirement 13,197 10,912 1,993 0
018-4505-510800 Group Health Insurance 21,592 18,230 1,066 0 018-4505-510900 Group Dental Insurance 1,470 1,113 60 0 018-4505-511000 Group Life Insurance 271 207 11 0
018-4505-511100 Group Disability Insurance 1,446 1,058 62 0 018-4505-511200 Medicare Taxes 1,736 1,301 84 0
Category: 5100 Personnel Total 159,825 124,139 8,889 0
Department: 4505 PUBLIC WORKS Total 159,825 124,139 8,889 0 Department: 4620 PARK IMPROVEMENTS
Category: 6000 Other Improvements/Projects
018-4620-612000 Ladyface Greenway 500,194 4,801,905 0 0 Category: 6000 Other Improvements/Projects Total 500,194 4,801,905 0 0 Department: 4620 PARK IMPROVEMENTS Total 500,194 4,801,905 0 0 Category: 6200 Street Improvements
018-4640-630900 Kanan/Agoura Road Intersection 97,070 41,955 72,000 0 018-4640-632000 Kanan Corridor 0 0 0
Category: 6200 Street Improvements Total 97,070 41,955 72,000 0 Department: 4640 STREET IMPROVEMENTS Total 97,070 41,955 72,000 0 Fund: 018 - MEASURE R GRANT Total 827,449 5,010,894 87,424 0 Excess (Deficiency) of Revenues (331,300) (4,603,052) (3,924) - Other Financing Sources (Uses) - 4,065,157 - -
Beginning Fund Balance (2,300,280) (2,631,580) (3,169,475) (3,173,399) Ending Fund Balance (2,631,580) (3,169,475) (3,173,399) (3,173,399) 120
Fund 019 Measure M Fund Overview
To account for funds received through Metropolitan Transit Authority Regional Funds Measure M.

Major Projects/Programs: Ladyface Greenway; Kanan Corridor 2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 019 - MEASURE M
Category: 4003 Intergovernmental
019-0000-333101 Measure M Grant 179,974 209,325 6,910,000 4,230,000 Category: 4003 Intergovernmental Total 179,974 209,325 6,910,000 4,230,000 Fund: 019 - MEASURE M Total 179,974 209,325 6,910,000 4,230,000 Appropriations
Fund: 019 - MEASURE M
Department: 4120 CITY MANAGER
Category: 5100 Personnel
019-4120-510100 Regular Salaries 14,176 4,803 65,088 30,407 019-4120-510700 Retirement 2,124 673 23,106 1,794
019-4120-510800 Group Health Insurance 1,651 548 7,770 3,553 019-4120-510900 Group Dental Insurance 105 33 460 200
019-4120-511000 Group Life Insurance 21 6 87 38
019-4120-511100 Group Disability Insurance 175 57 742 347 019-4120-511200 Medicare Taxes 208 71 1,049 503
Category: 5100 Personnel Total 18,460 6,192 98,302 36,842 Department: 4120 CITY MANAGER Total 18,460 6,192 98,302 36,842 Department: 4121 COMMUNICATIONS
Category: 5100 Personnel
019-4121-510100 Regular Salaries 0 0 0
019-4121-510700 Retirement 0 0 0
019-4121-510800 Group Health Insurance 0 0 0
019-4121-510900 Group Dental Insurance 0 0 0
019-4121-511000 Group Life Insurance 0 0 0
019-4121-511100 Group Disability Insurance 0 0 0
019-4121-511200 Medicare Taxes 0 0 0
Category: 5100 Personnel Total 0 0 0 0
Department: 4121 COMMUNICATIONS Total 0 0 0 0
Department: 4150 FINANCE
Category: 5100 Personnel
019-4150-510100 Regular Salaries 10,470 6,484 72,832 27,564 019-4150-510700 Retirement 913 505 5,814 2,200
019-4150-510800 Group Health Insurance 1,399 976 8,237 2,790 019-4150-510900 Group Dental Insurance 79 40 678 261
019-4150-511000 Group Life Insurance 28 19 161 62
019-4150-511100 Group Disability Insurance 132 79 830 314 019-4150-511200 Medicare Taxes 155 96 1,118 422
Category: 5100 Personnel Total 13,176 8,199 89,670 33,613 Department: 4150 FINANCE Total 13,176 8,199 89,670 33,613 City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
121
Department: 4440 COMMUNITY SERVICES
Category: 5100 Personnel
019-4440-510100 Regular Salaries 0 0 22,264 0
019-4440-510700 Retirement 0 0 4,896 0
019-4440-510800 Group Health Insurance 0 0 4,557 0
019-4440-510900 Group Dental Insurance 0 0 196 0
019-4440-511000 Group Life Insurance 0 0 42 0
019-4440-511100 Group Disability Insurance 0 0 254 0
019-4440-511200 Medicare Taxes 0 0 343 0
Category: 5100 Personnel Total 0 0 32,552 0
Department: 4440 COMMUNITY SERVICES Total 0 0 32,552 0
Department: 4505 PUBLIC WORKS
Category: 5100 Personnel
019-4505-510100 Regular Salaries 39,336 31,447 153,451 104,243 019-4505-510700 Retirement 4,014 3,319 48,868 34,600
019-4505-510800 Group Health Insurance 6,036 5,245 30,532 20,318 019-4505-510900 Group Dental Insurance 421 319 1,806 1,201 019-4505-511000 Group Life Insurance 80 64 339 220
019-4505-511100 Group Disability Insurance 438 346 1,722 1,164 019-4505-511200 Medicare Taxes 572 456 2,325 1,578
Category: 5100 Personnel Total 50,897 41,196 239,043 163,324 Department: 4505 PUBLIC WORKS Total 50,897 41,196 239,043 163,324 Department: 4620 PARK IMPROVEMENTS
Category: 6000 Other Improvements/Projects
019-4620-612000 Ladyface Greenway 0 2,836,127 5,225,000 1,740,000 Category: 6000 Other Improvements/Projects Total 0 2,836,127 5,225,000 1,740,000 Department: 4620 PARK IMPROVEMENTS Total 0 2,836,127 5,225,000 1,740,000 Category: 6200 Street Improvements
019-4640-630700 Chesebro Bridge 25,096 0 0 0
019-4640-630900 Kanan/Agoura Road Intersection 0 0 212,500 1,150,907 019-4640-632000 Kanan Corridor 126,673 237,300 602,270 3,150,000 Category: 6200 Street Improvements Total 151,769 237,300 814,770 4,300,907 Department: 4640 STREET IMPROVEMENTS Total 151,769 237,300 814,770 4,300,907 Fund: 019 - MEASURE M Total 234,302 3,129,013 6,499,337 6,274,686 Excess (Deficiency) of Revenues (54,328) (2,919,688) 410,663 (2,044,686) Other Financing Sources (Uses) - - - -
Beginning Fund Balance (668,057) (722,385) (3,642,073) (3,231,410) Ending Fund Balance (722,385) (3,642,073) (3,231,410) (5,276,096) 122
Fund 020 Gas Tax Fund Overview
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 020 - GAS TAX
Category: 4003 Intergovernmental
020-0000-332500 State Gas Tax 2105 Prop 111 122,773 125,698 130,771 130,771 020-0000-332600 State Gas Tax 2106 74,582 76,438 77,823 77,823 020-0000-332700 State Gas Tax 2107 166,184 166,750 178,298 178,298 020-0000-332800 State Gas Tax 2107.5 5,000 5,000 5,000 5,000 020-0000-332801 Revenue Code Section 7360 184,098 193,284 189,475 189,475 Category: 4003 Intergovernmental Total 552,637 567,170 581,367 581,367 Category: 4006 Investment Income
020-0000-371000 Interest Earnings 7,127 10,525 5,000 5,000 Category: 4006 Investment Income Total 7,127 10,525 5,000 5,000 Fund: 020 - GAS TAX Total 559,764 577,695 586,367 586,367 Appropriations
Fund: 020 - GAS TAX
Department: 4220 SCHOOL CROSSING GUARDS
Category: 5500 Contract Services
020-4220-551000 Professional Services 37,011 58,901 60,000 60,000 Department: 4220 SCHOOL CROSSING GUARDS Total 37,011 58,901 60,000 60,000 Department: 4505 CONTRACT SERVICES Contract Services
020-4505-552000 58,412 0 0
Department: 4505 CONTRACT SERVICES Total 58,412 0
Category: 5500 Contract Services Total 37,011 117,313 60,000 60,000 Department: 4510 TRAFFIC SAFETY
Category: 5400 Materials, Supplies, and Services
020-4510-542800 Utilities 67,055 64,213 60,000 60,000
Category: 5400 Materials, Supplies, and Services Total 67,055 64,213 60,000 60,000 Category: 5500 Contract Services
020-4510-552010 Traffic Engineer 30,000 41,828 30,000 30,000 020-4510-552013 Signal Maintenance 24,562 14,839 40,000 40,000 Category: 5500 Contract Services Total 54,562 56,667 70,000 70,000 Department: 4510 TRAFFIC SAFETY Total 54,562 56,667 70,000 70,000 Department: 4515 STREET MAINTENANCE
Category: 5500 Contract Services
020-4515-552021 Street Sweeping 20,015 58,455 64,000 64,000 Category: 5500 Contract Services Total 20,015 58,455 64,000 64,000 Department: 4515 STREET MAINTENANCE Total 20,015 58,455 64,000 64,000 Category: 5400 Materials, Supplies, and Services
020-4520-542801 Water 52,908 74,246 95,000 95,000
Category: 5400 Materials, Supplies, and Services Total 52,908 74,246 95,000 95,000 Category: 5500 Contract Services
020-4520-552000 Contract Services 153,950 151,959 187,500 187,500 020-4520-552023 Street Tree Maintenance 75,000 63,009 75,000 75,000 Category: 5500 Contract Services Total 228,950 214,967 262,500 262,500 Department: 4520 LANDSCAPE MAINTENANCE Total 281,858 289,213 357,500 357,500 Fund: 020 - GAS TAX Total 460,501 585,861 611,500 611,500 Excess (Deficiency) of Revenues 99,263 (8,166) (25,133) (25,133) Other Financing Sources (Uses) - - - -
Beginning Fund Balance 88,122 187,385 179,219 154,086
Ending Fund Balance 187,385 179,219 154,086 128,953
City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
To account for funds from gas tax allocated to the City by the State which may only be used for street maintenance, construction, right of way acquisition and/or reconstruction.
123
Fund 022 Road Rehab Fund Overview
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 022 - ROAD REHAB FUND
Category: 4003 Intergovernmental
022-0000-334600 Road Rehab Revenue 522,263 552,113 547,951 547,951 Category: 4003 Intergovernmental Total 522,263 552,113 547,951 547,951 Category: 4006 Investment Income
022-0000-371000 Interest Earnings 2,317 12,981 10,000 5,000 Category: 4006 Investment Income Total 2,317 12,981 10,000 5,000 Fund: 022 - ROAD REHAB FUND Total 524,580 565,094 557,951 552,951 Appropriations
Fund: 022 - ROAD REHAB FUND
Department: 4640 STREET IMPROVEMENTS
Category: 6200 Street Improvements
022-4640-630500 Annual Overlay 478,011 127,766 250,000 900,000 Category: 6200 Street Improvements Total 478,011 127,766 250,000 900,000 Department: 4640 STREET IMPROVEMENTS Total 478,011 127,766 250,000 900,000 Fund: 022 - ROAD REHAB FUND Total 478,011 127,766 250,000 900,000 Excess (Deficiency) of Revenues 46,569 437,328 307,951 (347,049) Other Financing Sources (Uses) - - - -
Beginning Fund Balance 104,133 150,702 588,030 895,981
Ending Fund Balance 150,702 588,030 895,981 548,932
City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
To account for funds from the Road Maintenance and Rehabilitation program (SB1) allocated to the City by the State which may only be used for road maintenance and rehabilitation.
124
Fund 030 Cal PERS Set Aside Fund Overview
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 030 - CAL PERS SET ASIDE
Category: 4006 Investment Income
030-0000-371000 Interest Earnings 1,252 3,433 3,000 3,000 Category: 4006 Investment Income Total 1,252 3,433 3,000 3,000 Fund: 030 - CAL PERS SET ASIDE Total 1,252 3,433 3,000 3,000 Appropriations
Fund: 030 - CAL PERS SET ASIDE
Department: 4190 NON DEPARTMENTAL
Category: 5100 Personnel
030-4190-510800 CEPPT 100,000 0 0 0
Category: 5100 Personnel Total 100,000 0 0 0
Department: 4190 NON DEPARTMENTAL Total 100,000 0 0 0
Fund: 030 - CAL PERS SET ASIDE Total 100,000 0 0 0
Excess (Deficiency) of Revenues (98,748) 3,433 3,000 3,000 Other Financing Sources (Uses) 89,550 95,850 - -
Beginning Fund Balance 103,753 94,555 193,838 196,838
Ending Fund Balance 94,555 193,838 196,838 199,838
City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
To account for funds to be used towards the City's defined benefit pension plan through California Public Employees Retirement System (CalPERS).
125
Fund 040 Traffic Safety Fund Overview
To account for funds from traffic fines levied by local courts which may only be used for traffic safety purposes.

Major Projects/Programs: Crossing Guards
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 040 - TRAFFIC SAFETY
Category: 4005 Fines and Penalties
040-0000-360500 Vehicle Code Fines 43,141 37,278 40,000 40,000 Category: 4005 Fines and Penalties Total 43,141 37,278 40,000 40,000 Category: 4006 Investment Income
040-0000-371000 Interest Earnings 1,631 1,407 1,000 1,000 Category: 4006 Investment Income Total 1,631 1,407 1,000 1,000 Fund: 040 - TRAFFIC SAFETY Total 44,772 38,684 41,000 41,000 Appropriations
Fund: 040 - TRAFFIC SAFETY
Department: 4220 SCHOOL CROSSING GUARDS
Category: 5500 Contract Services
040-4220-551000 Professional Services 43,505 55,143 50,000 50,000 Category: 5500 Contract Services Total 43,505 55,143 50,000 50,000 Department: 4220 SCHOOL CROSSING GUARDS Total 43,505 55,143 50,000 50,000 Fund: 040 - TRAFFIC SAFETY Total 43,505 55,143 50,000 50,000 Excess (Deficiency) of Revenues 1,267 (16,459) (9,000) (9,000) Other Financing Sources (Uses) - - - -
Beginning Fund Balance 49,414 50,681 34,222 25,222
Ending Fund Balance 50,681 34,222 25,222 16,222
City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
126
Fund 060 Proposition A Fund Overview
To account for funds from Proposition A, a half-cent sales tax dedicated to transportation funding.

Major Projects/Programs: Dial-A-Ride
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 060 - PROPOSITION A
Category: 4003 Intergovernmental
060-0000-333200 Prop A Trans Tax 524,255 518,739 513,238 521,213 060-0000-334516 Ab1012 66,450 33,225 63,562 63,562
060-0000-353000 Prop A Reimbursements 13,938 -474 45,000 45,000 060-0000-395008 Farebox Revenue 8,760 9,770 3,500 3,500 Category: 4003 Intergovernmental Total 613,403 561,260 625,300 633,275 Category: 4006 Investment Income
060-0000-371000 Interest Earnings 68,998 72,851 50,000 50,000 Category: 4006 Investment Income Total 68,998 72,851 50,000 50,000 Fund: 060 - PROPOSITION A Total 682,401 634,111 675,300 683,275 Appropriations
Fund: 060 - PROPOSITION A
Department: 4150 FINANCE
Category: 5100 Personnel
060-4150-510100 Prop A Salaries 9,248 10,261 0 0
060-4150-510700 Retirement 712 800 0 0
060-4150-510800 Group Health 1,185 1,192 0 0
060-4150-510900 Group Dental 58 60 0 0
060-4150-511000 Group Life 26 31 0 0
060-4150-511100 Group Disability 121 130 0 0
060-4150-511200 Medicare 139 152 0 0
Category: 5100 Personnel Total 11,489 12,626 0 0
Department: 4150 FINANCE Total 11,489 12,626 0 0
Department: 4420 RECREATION
Category: 5500 Contract Services
060-4420-5520A0 Contract Services - Classes 1,500 2,000 5,595 5,595 060-4420-5520B0 Recreation Transit- Excursions 12,756 7,074 29,120 29,120 060-4420-5520D0 Recreation Transit - Seniors 18,567 25,020 25,280 25,280 060-4420-5520E0 Contract Services-spec Events 6,825 11,451 11,700 11,700 Category: 5500 Contract Services Total 39,648 45,545 71,695 71,695 Department: 4420 RECREATION Total 39,648 45,545 71,695 71,695 Department: 4440 COMMUNITY SERVICES
Category: 5100 Personnel
060-4440-510100 61,817 69,548 113,990 113,990
060-4440-510700 Retirement 18,935 20,291 28,435 28,435
060-4440-510800 Group Health Insurance 12,669 14,032 21,351 21,351 060-4440-510900 Group Dental Insurance 513 642 1,003 1,003 060-4440-511000 Group Life Insurance 139 153 209 209
060-4440-511100 Group Disability Insurance 729 805 1,299 1,299 060-4440-511200 Medicare Taxes 913 1,031 1,770 1,770
Category: 5100 Personnel Total 95,715 106,504 168,057 168,057 Department: 4440 COMMUNITY SERVICES Total 95,715 106,504 168,057 168,057 City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
127
Department: 4520 LANDSCAPE MAINTENANCE
Category: 5400 Materials, Supplies, and Services
060-4520-542801 Water 1,707 1,303 2,500 2,500
Category: 5400 Materials, Supplies, and Services Total 1,707 1,303 2,500 2,500 Category: 5500 Contract Services
060-4520-552036 Park & Ride Lot Maintenance 55,668 55,668 57,736 57,736 060-4520-552037 Bus Stop Maintenance 10,848 10,848 15,465 15,465 Category: 5500 Contract Services Total 66,516 66,516 73,201 73,201 Department: 4520 LANDSCAPE MAINTENANCE Total 68,223 67,819 75,701 75,701 Department: 4530 TRANSPORTATION
Category: 5400 Materials, Supplies, and Services
060-4530-544000 Other Charges 345 386 400 400
Category: 5400 Materials, Supplies, and Services Total 345 386 400 400 Category: 5500 Contract Services
060-4530-552080 Dial A Ride 308,862 369,639 578,735 578,735 060-4530-552081 Beach Bus 52,639 56,927 61,400 61,400
060-4530-552083 Incentive Grant 66,450 55,423 63,562 63,562 Category: 5500 Contract Services Total 427,951 481,988 703,697 703,697 Department: 4530 TRANSPORTATION Total 428,296 482,375 704,097 704,097 Fund: 060 - PROPOSITION A Total 643,371 714,868 1,019,550 1,019,550 Excess (Deficiency) of Revenues 39,030 (80,757) (344,250) (336,275) Other Financing Sources (Uses) - - - -
Beginning Fund Balance 1,420,015 1,459,045 1,378,288 1,034,038 Ending Fund Balance 1,459,045 1,378,288 1,034,038 697,763 128
Fund 061 Proposition C Fund Overview
To account for funds from Proposition C, a half-cent sales tax dedicated to transportation funding.

Major Projects/Programs: Traffic Engineering; Signal Maintenance 2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 061 - PROPOSITION C
Category: 4003 Intergovernmental
061-0000-333400 Prop C Transit Tax 434,858 430,281 425,717 432,332 Category: 4003 Intergovernmental Total 434,858 430,281 425,717 432,332 Category: 4006 Investment Income
061-0000-371000 Interest Earnings 34,893 42,135 30,000 30,000 Category: 4006 Investment Income Total 34,893 42,135 30,000 30,000 Fund: 061 - PROPOSITION C Total 469,751 472,416 455,717 462,332 Appropriations
Fund: 061 - PROPOSITION C
Department: 4505 PUBLIC WORKS
Category: 5100 Personnel
061-4505-510100 Regular Salaries 44,882 45,458 49,287 49,287 061-4505-510700 Retirement 15,046 8,321 15,394 15,394
061-4505-510800 Group Health Insurance 8,369 7,935 10,354 10,354 061-4505-510900 Group Dental Insurance 605 516 635 635
061-4505-511000 Group Life Insurance 115 103 113 113
061-4505-511100 Group Disability Insurance 557 527 562 562 061-4505-511200 Medicare Taxes 655 665 755 755
Category: 5100 Personnel Total 70,229 63,524 77,100 77,100 Department: 4505 PUBLIC WORKS Total 70,229 63,524 77,100 77,100 Department: 4510 TRAFFIC SAFETY
Category: 5500 Contract Services
061-4510-551000 Contract Services 103,225 149,075 150,000 150,000 061-4510-552010 Traffic engineer 115,000 115,000 120,000 120,000 061-4510-552013 Signal maintenance 56,439 53,690 115,000 120,000 061-4510-552029 Pavement Management Update 76,500 45,000 Category: 5500 Contract Services Total 351,164 317,765 385,000 435,000 Department: 4510 TRAFFIC SAFETY Total 351,164 317,765 385,000 435,000 Fund: 061 - PROPOSITION C Total 421,393 381,289 462,100 512,100 Excess (Deficiency) of Revenues 48,358 91,127 (6,383) (49,768) Other Financing Sources (Uses) - - - -
Beginning Fund Balance 715,669 764,027 855,154 848,771
Ending Fund Balance 764,027 855,154 848,771 799,003
City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
129
Fund 063 Measure R Fund Overview
To account for funds from Measure R, a half-cent sales tax dedicated to finance transportation projects and programs.

Major Projects/Programs: Overlay; Sidewalk Repairs
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 063 - MEASURE R FUND
Category: 4003 Intergovernmental
063-0000-333100 Measure R - Local 326,041 322,651 319,288 324,249 Category: 4003 Intergovernmental Total 326,041 322,651 319,288 324,249 Category: 4006 Investment Income
063-0000-371000 Interest Earnings 12,613 12,529 10,000 10,000 Category: 4006 Investment Income Total 12,613 12,529 10,000 10,000 Fund: 063 - MEASURE R FUND Total 338,654 335,180 329,288 334,249 Appropriations
Fund: 063 - MEASURE R FUND
Department: 4505 PUBLIC WORKS
Category: 5100 Personnel
063-4505-510100 Regular Salaries 24,085 55,631 36,983 36,983 063-4505-510700 Retirement 10,569 9,225 10,559 10,559
063-4505-510800 Group Health Insurance 4,117 10,810 6,744 6,744 063-4505-510900 Group Dental Insurance 304 714 427 427
063-4505-511000 Group Life Insurance 59 136 88 88
063-4505-511100 Group Disability Insurance 262 663 422 422 063-4505-511200 Medicare Taxes 343 811 565 565
Category: 5100 Personnel Total 39,739 77,990 55,788 55,788 Category: 5500 Contract Services
063-4505-552000 Contract Services 145,000 249,840 125,000 125,000 Category: 5500 Contract Services Total 145,000 249,840 125,000 125,000 Department: 4505 PUBLIC WORKS Total 184,739 327,831 180,788 180,788 Department: 4510 TRAFFIC SAFETY
Category: 6000 Other Improvements/Projects
063-4510-632400 HAWK Project 1,000 200,000 0 0
Category: 6000 Other Improvements/Projects Total 1,000 200,000 0 0 Department: 4510 TRAFFIC SAFETY Total 1,000 200,000 0 0 Department: 4640 STREET IMPROVEMENTS
Category: 6200 Street Improvements
063-4640-630500 Annual Overlay 2,512 96,040 100,000 100,000 063-4640-631000 Sidewalk Repairs 50,187 0 55,000 55,000 Category: 6200 Street Improvements Total 52,699 96,040 155,000 155,000 Department: 4640 STREET IMPROVEMENTS Total 52,699 96,040 155,000 155,000 Fund: 063 - MEASURE R FUND Total 238,438 623,871 335,788 335,788 Excess (Deficiency) of Revenues 100,216 (288,690) (6,500) (1,539) Other Financing Sources (Uses) - - - -
Beginning Fund Balance 226,964 327,180 38,490 31,990
Ending Fund Balance 327,180 38,490 31,990 30,451
City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
130
Fund 064 Measure M Local Fund Overview
Major Projects/Programs: Street Repair and Maintenance
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 064 - MEASURE M - LOCAL
Category: 4003 Intergovernmental
064-0000-333100 Measure M Local 368,170 365,553 361,860 367,482 Category: 4003 Intergovernmental Total 368,170 365,553 361,860 367,482 Category: 4006 Investment Income
064-0000-371000 Interest Earnings 5,119 4,480 3,500 3,500 Category: 4006 Investment Income Total 5,119 4,480 3,500 3,500 Fund: 064 - MEASURE M - LOCAL Total 373,289 370,033 365,360 370,982 Appropriations
Fund: 064 - MEASURE M - LOCAL
Department: 4505 PUBLIC WORKS
Category: 5100 Personnel
064-4505-510100 Regular Salaries 33,874 55,411 36,133 36,133 064-4505-510700 Retirement 9,643 8,475 10,491 10,491
064-4505-510800 Group Health Insurance 6,446 10,210 6,639 6,639 064-4505-510900 Group Dental Insurance 492 679 421 421
064-4505-511000 Group Life Ins 92 132 85 85
064-4505-511100 Group Disability Ins 420 654 412 412
064-4505-511200 Medicare Taxes 495 811 552 552
Category: 5100 Personnel Total 51,462 76,373 54,733 54,733 Category: 5500 Contract Services
064-4505-552000 Contract Services 42,500 36,041 70,000 70,000 Category: 5500 Contract Services Total 42,500 36,041 70,000 70,000 Department: 4505 PUBLIC WORKS Total 93,962 112,415 124,733 124,733 Department: 4510 TRAFFIC SAFETY
Category: 5500 Contract Services
064-4510-552011 Traffic Marking and Stripping 30,000 30,000 30,000 30,000 064-4510-552012 Traffic Signing 40,000 40,000 40,000 40,000 064-4510-552020 Street Repairs & Maintenance 70,000 43,182 50,000 60,000 Category: 5500 Contract Services Total 140,000 113,182 120,000 130,000 Category: 6000 Other Improvements/Projects
064-4510-632200 Bike Lanes 75,000 68,841 0 0
064-4510-632400 HAWK Project 0 100,000 0 0
Category: 6000 Other Improvements/Projects Total 75,000 168,841 0 0 Department: 4510 TRAFFIC SAFETY Total 215,000 282,024 120,000 130,000 Department: 4640 STREET IMPROVEMENTS
Category: 6200 Street Improvements
064-4640-631000 Sidewalk Repairs 0 100,000 85,000 85,000 Category: 6200 Street Improvements Total 0 100,000 85,000 85,000 Department: 4640 STREET IMPROVEMENTS Total 0 100,000 85,000 85,000 Fund: 064 - MEASURE M - LOCAL Total 308,962 494,438 329,733 339,733 Excess (Deficiency) of Revenues 64,327 (124,405) 35,627 31,249 Other Financing Sources (Uses) - - - -
Beginning Fund Balance 74,328 138,655 14,250 49,877
Ending Fund Balance 138,655 14,250 49,877 81,126
City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
To account for funds from Measure M, a half-cent sales tax dedicated for projects that ease traffic, repair local streets and sidewalks, expand transportation, earthquake retrofit bridges and subsidize transit fares for students, seniors and persons with disabilities.
131
Fund 065 Measure W Local Fund Overview
To account for funds from the Safe Clean Water Program allocated to the City for storm water projects.

Major Projects/Programs: Liberty Canyon Creek Restoration Study; Lake Lindero Study 2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Category: 4003 Intergovernmental
065-0000-333103 Measure W - Local 344,690 345,953 340,000 340,000 Category: 4003 Intergovernmental Total 344,690 345,953 340,000 340,000 Category: 4006 Investment Income
065-0000-371000 Interest Earnings 17,815 31,607 10,000 5,000 Category: 4006 Investment Income Total 17,815 31,607 10,000 5,000 Fund: 065 - MEASURE W - LOCAL Total 362,505 377,561 350,000 345,000 Appropriations
Fund: 065 - MEASURE W - LOCAL
Department: 4515 STREET MAINTENANCE
Category: 5500 Contract Services
065-4515-552021 Street Sweeping 102,000 102,000 12,300 102,000 Category: 5500 Contract Services Total 102,000 102,000 12,300 102,000 Department: 4515 STREET MAINTENANCE Total 102,000 102,000 12,300 102,000 Department: 4525 STORM DRAIN & FLOOD CONTROL
Category: 5500 Contract Services
065-4525-552043 Driver Storm Drain Improvement 0 0 0 50,000 Category: 5500 Contract Services Total 0 0 0 50,000
Category: 6200 Street Improvements
065-4525-632300 City Low Flow Diversion 0 17,416 292,390 226,000 Category: 6200 Street Improvements 0 17,416 292,390 226,000 Department: 4525 STORM DRAIN & FLOOD CONTROL Total 0 17,416 292,390 276,000 Department: 4610 OTHER IMPROVEMENTS
Category: 5500 Contract Services
065-4610-552045 MS4 Compliance - Diversion 8,024 0 90,000 0 065-4610-552046 Lake Lindero 0 0 30,000 59,200
065-4610-552047 Liberty Canyon Creek 0 0 0 225,000
Category: 5500 Contract Services Total 8,024 0 120,000 284,200 Category: 6200 Street Improvements
065-4610-632300 Storm Drain Diversion MS4 Comp 21,574 0 109,000 786,000 Category: 6200 Street Improvements Total 21,574 0 109,000 786,000 Department: 4610 OTHER IMPROVEMENTS Total 21,574 0 109,000 786,000 Department: 4620 PARK IMPROVEMENTS
Category: 6000 Other Improvements/Projects
065-4620-612000 Ladyface Greenway 0 0 188,000 0
Category: 5500 Contract Services Total 0 0 188,000 0
Department: 4620 PARK IMPROVEMENTS Total 0 0 188,000 0
Fund: 065 - MEASURE W - LOCAL Total 131,598 119,416 721,690 1,448,200 Excess (Deficiency) of Revenues 230,907 258,145 (371,690) (1,103,200) Other Financing Sources (Uses) - - - -
Beginning Fund Balance 286,082 516,989 775,134 403,444
Ending Fund Balance 516,989 775,134 403,444 (699,756)
City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
132
Fund 070 S Coast Air Quality Mgmt Dist Fund Overview
Major Projects/Programs: Electric Vehicle
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 070 - S COAST AIR QUALITY MGMT DIST
Category: 4003 Intergovernmental
070-0000-333000 Scaqmd 19,942 26,192 26,700 26,700
Category: 4003 Intergovernmental Total 19,942 26,192 26,700 26,700 Category: 4006 Investment Income
070-0000-371000 Interest Earnings 3,437 5,121 1,500 1,500 Category: 4006 Investment Income Total 3,437 5,121 1,500 1,500 Fund: 070 - S COAST AIR QUALITY MGMT DIST Total 23,379 31,312 28,200 28,200 Appropriations
Fund: 070 - S COAST AIR QUALITY MGMT DIST
Category: 5600 Capital Outlay
070-4190-568400 Vehicles 0 0 55,000 0
Category: 5600 Capital Outlay Total 0 0 55,000 0
Department: 4190 NON DEPARTMENTAL Total 0 0 55,000 0
Fund: 070 - S COAST AIR QUALITY MGMT DIST Total 0 0 55,000 0 Excess (Deficiency) of Revenues 23,379 31,312 (26,800) 28,200 Other Financing Sources (Uses) - - - -
Beginning Fund Balance 68,932 92,311 123,623 96,823
Ending Fund Balance 92,311 123,623 96,823 125,023
City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
To account for funds received from South Coast Air Quality Management District which may only be used for air quality improvements.
133
Fund 110 Traffic Improvement Fund Overview
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 110 - TRAFFIC IMPROVEMENT
Category: 4001 Contributions
110-0000-348000 Traffic Improvement Fees 0 32 0 0
Category: 4001 Contributions Total 0 32 0 0
Category: 4006 Investment Income
110-0000-371000 Interest Earnings 3,967 11,537 6,000 6,000 Category: 4006 Investment Income Total 3,967 11,537 6,000 6,000 Category: 4008 Other Revenue
110-0000-391000 Miscellaneous Revenue 0 261,353 0 0
Category: 4008 Other Revenue Total 0 261,353 0 0
Fund: 110 - TRAFFIC IMPROVEMENT Total 3,967 272,922 6,000 6,000 Excess (Deficiency) of Revenues 3,967 272,922 6,000 6,000 Other Financing Sources (Uses) - - - -
Beginning Fund Balance 1,032,347 1,036,314 1,309,236 1,315,236 Ending Fund Balance 1,036,314 1,309,236 1,315,236 1,321,236 City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
To account for traffic improvement and arterial street system fees paid by developers which may only be used for constructing traffic impacted arterial streets.
134
Fund 111 Utility Undergrounding Fund Overview
To account for the undergrounding of utility lines within the City undergrounding district. 2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 111 - UTILITY UNDERGROUNDING
Category: 4006 Investment Income
111-0000-371000 Interest Earnings 2,534 2,839 2,000 2,000 Category: 4006 Investment Income Total 2,534 2,839 2,000 2,000 Fund: 111 - UTILITY UNDERGROUNDING Total 2,534 2,839 2,000 2,000 Excess (Deficiency) of Revenues 2,534 2,839 2,000 2,000 Other Financing Sources (Uses) - - - -
Beginning Fund Balance 55,065 57,599 60,439 62,439
Ending Fund Balance 57,599 60,439 62,439 64,439
City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
135
Fund 240 Supplemental Law Enforcement Fund Overview
To account for Brulte funds received from the state for the use of Public Safety (COPS) programs.

Major Projects/Programs: Law Enforcement Services; Flock Cameras 2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 240 - SUPPLEMENTAL LAW ENFORCEMENT
Category: 4003 Intergovernmental
240-0000-334500 Miscellaneous Grants 186,159 194,663 175,000 175,000 Category: 4003 Intergovernmental Total 186,159 194,663 175,000 175,000 Category: 4006 Investment Income
240-0000-371000 Interest Earnings 8,434 9,380 7,000 7,000 Category: 4006 Investment Income Total 8,434 9,380 7,000 7,000 Fund: 240 - SUPPLEMENTAL LAW ENFORCEMENT Total 194,593 204,043 182,000 182,000 Appropriations
Fund: 240 - SUPPLEMENTAL LAW ENFORCEMENT
Department: 4210 LOS ANGELES COUNTY SHERIFF
Category: 5400 Materials, Supplies, and Services
240-4210-542500 Small Equipment 0 0 0 0
Category: 5400 Materials, Supplies, and Services Total 0 0 0 0 Category: 5500 Contract Services
240-4210-552051 Traffic Enforcement 72,797 75,607 81,000 81,000 240-4210-552054 Juvenile Intervention Program 75,203 78,468 78,775 78,775 Category: 5500 Contract Services Total 148,000 154,075 159,775 159,775 Category: 5600 Capital Outlay
240-4210-568300 Equipment 35,500 79,280 75,000 0
Category: 5600 Capital Outlay Total 35,500 79,280 75,000 0 Department: 4210 LOS ANGELES COUNTY SHERIFF Total 183,500 233,355 234,775 159,775 Fund: 240 - SUPPLEMENTAL LAW ENFORCEMENT Total 183,500 233,355 234,775 159,775 Excess (Deficiency) of Revenues 11,093 (29,311) (52,775) 22,225 Other Financing Sources (Uses) - - - -
Beginning Fund Balance 130,098 141,191 111,880 59,105
Ending Fund Balance 141,191 111,880 59,105 81,330
City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
136
Fund 260 Miscellaneous Grants Fund Overview
To account for various grand funds received for capital improvements and park developments.

Major Projects/Programs: Civic Center Microgrid Project; Bikeway Master Plan; Ladyface Greenway 2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 260 - MISCELLANEOUS GRANTS
Category: 4003 Intergovernmental
260-0000-334501 Tda 42,403 20,309 15,859 15,859
260-0000-334506 Used Oil Grant 5,000 5,000 5,000 0
260-0000-334517 Stpl 5,174 128,531 0 0
260-0000-334518 Federal Appropriation 0 0 1,383,068 0
260-0000-334519 Peg Fees 23,470 16,367 32,000 32,000
260-0000-334531 Art in Public Places 0 0 25,000 50,000
260-0000-334532 Roadside Bridge 1,000 206,100 0 0
260-0000-334533 Meas A Reimbursement 54,547 173,909 185,175 0 260-0000-334539 SB1383 Grant 25,120 9,768 0 0
260-0000-334540 Fire Grant 174,200 47,675 0 0
260-0000-334541 IRWMP 0 0 1,195,135 0
260-0000-334542 AHCCCC Federal Grant 1,000,000 0 0 0
260-0000-334543 Ladyface Greenway 0 0 4,800,000 1,200,000 260-0000-334544 Bike Master Plan 0 181,862 0 310,000
260-0000-334545 Driver Drain Improvements 0 39,413 245,000 250,000 260-0000-334546 PLHA 0 0 0 0
260-0000-334548 Measure W Regional 1,368,782
260-0000-334549 SS4A Grant 60,000
Category: 4003 Intergovernmental Total 1,330,914 828,934 7,886,237 3,286,641 Category: 4006 Investment Income
260-0000-371000 Interest Earnings 0 28,346 0 0
Category: 4006 Investment Income Total 0 28,346 0 0
Fund: 260 - MISCELLANEOUS GRANTS Total 1,330,914 857,280 7,886,237 3,286,641 Appropriations
Fund: 260 - MISCELLANEOUS GRANTS
Department: 4120 CITY MANAGER
Category: 5100 Personnel
260-4120-510100 Regular Salaries 0 0 3,041 0
260-4120-510700 Retirement 0 0 1,079 0
260-4120-510800 Group Health Insurance 0 0 355 0
260-4120-510900 Group Dental Insurance 0 0 20 0
260-4120-511000 Group Life Insurance 0 0 4 0
260-4120-511100 Group Disability Insurance 0 0 35 0
260-4120-511200 Medicare Taxes 0 0 50 0
Category: 5100 Personnel Total 0 0 4,584 0
Category: 5500 Contract Services
260-4120-551040 Oil Grant 5,000 5,000 5,000 0
260-4120-551042 SB1383 Expense 21,943 9,768 0 0
260-4120-551050 Home Hardening Grant 11,000 10,000 0 0
Category: 5500 Contract Services Total 37,943 24,768 5,000 0 Department: 4120 CITY MANAGER Total 37,943 24,768 9,584 0 Department: 4121 COMMUNICATIONS
Category: 5100 Personnel
260-4121-510100 Regular Salaries 0 0 3,950 0
260-4121-510700 Retirement 0 0 315 0
260-4121-510800 Group Health Insurance 0 0 350 0
260-4121-510900 Group Dental Insurance 0 0 18 0
City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
137
260-4121-511000 Group Life Insurance 0 0 8 0
260-4121-511100 Group Disability Insurance 0 0 45 0
260-4121-511200 Medicare Taxes 0 0 59 0
Category: 5100 Personnel Total 0 0 4,745 0
Department: 4121 COMMUNICATIONS Total 0 0 4,745 0
Department: 4150 FINANCE
Category: 5100 Personnel
260-4150-510100 Regular Salaries 0 0 8,028 0
260-4150-510700 Retirement 0 0 442 0
260-4150-510800 Group Health Insurance 0 0 713 0
260-4150-510900 Group Dental Insurance 0 0 524 0
260-4150-511000 Group Life Insurance 0 0 29 0
260-4150-511100 Group Disability Insurance 0 0 58 0
260-4150-511200 Medicare Taxes 0 0 109 0
Category: 5100 Personnel Total 0 0 9,903 0
Department: 4150 FINANCE Total 0 0 9,903 0
Department: 4180 PUBLIC FACILITIES
Category: 5600 Capital Outlay
260-4180-568200 Other Improvements 0 0 25,000 1,075,000 Category: 5600 Capital Outlay Total 0 0 25,000 1,075,000 Department: 4180 PUBLIC FACILITIES Total 0 0 25,000 1,075,000 Department: 4190 NON DEPARTMENTAL
Category: 5500 Contract Services
260-4190-551008 Agoura/Calabasas Comm Ctr 1,000,000 0 0 0 260-4190-551010 Media 23,470 16,368 32,000 32,000
Category: 5500 Contract Services Total 1,023,470 16,368 32,000 32,000 Department: 4190 NON DEPARTMENTAL Total 1,023,470 16,368 32,000 32,000 Department: 4215 EMERGENCY SERVICES
Category: 5400 Materials, Supplies, and Services
260-4125-542600 Advertising 580 0 0 0
Category: 5400 Materials, Supplies, and Services Total 580 0 0 0 Category: 5500 Contract Services
260-4215-551000 Professional Services 0 50,000 0 0
260-4215-552000 Contract Services 15,000 19,895 0 0
Category: 5500 Contract Services Total 15,000 69,895 0 0 Category: 5600 Capital Outlay
260-4215-568400 Vehicle 63,887 0 0 0
Category: 5600 Capital Outlay Total 63,887 0 0 0
Department: 4215 EMERGENCY SERVICES Total 79,467 69,895 0 0 Department: 4440 COMMUNITY SERVICES
Category: 5600 Capital Outlay
260-4440-568500 Art 0 0 0 75,000
Category: 5600 Capital Outlay Total 0 0 0 75,000
Department: 4440 COMMUNITY SERVICES Total 0 0 0 75,000
Department: 4505 PUBLIC WORKS
Category: 5100 Personnel
260-4505-510100 Regular Salaries 0 16,359 20,025 0
260-4505-510700 Retirement 0 2,180 6,174 0
260-4505-510800 Group Health Insurance 0 3,901 4,238 0
260-4505-510900 Group Dental Insurance 0 235 244 0
260-4505-511000 Group Life Insurance 0 42 45 0
260-4505-511100 Group Disability Insurance 0 185 225 0
260-4505-511200 Medicare Taxes 0 225 304 0
Category: 5100 Personnel Total 0 23,127 31,255 0
Category: 5500 Contract Services
260-4505-552000 Contract Services 985 580 0 0
Category: 5500 Contract Services Total 985 580 0 0
Category: 5600 Capital Outlay
260-4505-552043 Driver Drain Improvements 0 0 245,000 250,000 260-4505-568300 Equipment 8,944 0 0 0
260-4505-630500 Bike Path Gap Closure 0 181,862 500,000 310,000 260-4505-631500 SS4A Grant Studies and Demo Project 60,000 Category: 5600 Capital Outlay Total 8,944 181,862 745,000 620,000 Department: 4505 PUBLIC WORKS Total 9,929 205,570 776,255 620,000 138
Department: 4510 TRAFFIC SAFETY
Category: 6000 Other Improvements/Projects
260-4510-632400 HAWK Project 0 128,531 0 0
Category: 6000 Other Improvements/Projects Total 0 128,531 0 0 Department: 4510 TRAFFIC SAFETY Total 0 128,531 0 0
Department: 4520 LANDSCAPE MAINTENANCE
Category: 5500 Contract Services
260-4520-552023 Street Tree Maintenance 5,174 0 0 0
Category: 5600 Landscape Maintenance Total 5,174 0 0 0
Department: 4520 LANDSCAPE MAINTENANCE Total 5,174 0 0 0 Department: 4610 OTHER IMPROVEMENTS
Category: 6000 Other Improvements/Projects
260-4610-601600 Event Ctr Improvements 54,547 0 0 200,000 Category: 6000 Other Improvements/Projects Total 54,547 0 0 200,000 Category: 6200 Street Improvements
260-4610-632300 IRWMP Funding - Low Flow Diversion 0 0 0 1,195,135 260-4610-632301 Mesure W Regional - Low Flow Diversion 1,368,782 Category: 6200 Street Improvements Total 0 0 0 2,563,917 Department: 4610 OTHER IMPROVEMENTS 54,547 0 0 2,763,917 Department: 4620 PARK IMPROVEMENTS
Category: 6000 Other Improvements/Projects
260-4620-610500 Morrison Park Improvements 0 185,175 0
260-4620-611000 Chumash Park Improvements 173,909 0 0 0 260-4620-612000 Ladyface Greenway 2,313,218 4,800,000 1,200,000 Category: 6000 Other Improvements/Projects Total 173,909 2,313,218 4,985,175 1,200,000 Department: 4620 PARK IMPROVEMENTS Total 173,909 2,313,218 4,985,175 1,200,000 Department: 4640 STREET IMPROVEMENTS
Category: 6200 Street Improvements
260-4640-630100 Annual Sidewalk Repairs 26,856 20,309 15,859 15,859 Category: 6200 Street Improvements Total 26,856 20,309 15,859 15,859 Department: 4640 STREET IMPROVEMENTS Total 26,856 20,309 15,859 15,859 Fund: 260 - MISCELLANEOUS GRANTS Total 1,411,295 2,778,657 5,858,521 5,781,776 Excess (Deficiency) of Revenues (80,381) (1,921,377) 2,027,716 (2,495,135) Other Financing Sources (Uses) - 1,718,466 - -
Beginning Fund Balance (295,326) (375,707) (578,618) 1,449,098 Ending Fund Balance (375,707) (578,618) 1,449,098 (1,046,037) 139
Fund 300 Financing Authority Debt Service Fund Overview To account for and report financial resources that are restricted, committed, or assigned to expenditure for principal and interest. 2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 300 - FINANCING AUTHORITY DEBT SERVICE
Category: 4006 Investment Income
300-0000-371000 Interest Earnings 51 44 0 0
Category: 4006 Investment Income Total 51 44 0 0
Fund: 300 - FINANCING AUTH DEBT SERVICE Total 51 44 0 0 Excess (Deficiency) of Revenues 51 44 - -
Other Financing Sources (Uses) - - - -
Beginning Fund Balance 1,126 1,177 1,221 1,221
Ending Fund Balance 1,177 1,221 1,221 1,221
City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
140
Fund 305 A Hills Improvement Authority Fund Overview
To account for and report financial resources that are restricted, committed, or assigned to expenditure for principal and interest. 2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 305 - A HILLS IMPROVEMENT AUTHORITY BOND
Category: 4006 Investment Income
305-0000-371000 Interest Earnings 90,960 318,283 300,000 20,000 Category: 4006 Investment Income Total 90,960 318,283 300,000 20,000 Fund: 305 - A HILLS IMPROVEMENT AUTH BOND Total 90,960 318,283 300,000 20,000 Appropriations
Fund: 305 - A HILLS IMPROVEMENT AUTHORITY BOND
Department: 4180 PUBLIC FACILITIES
Category: 5500 Contract Services
305-4180-551000 Professional services 0 0 0 0
Category: 5500 Contract Services Total 0 0 0 0
Category: 5700 Debt Service
305-4180-570100 Debt Service - Principal 400,000 985,000 1,030,000 1,075,000 305-4180-570200 Debt Service - Interest Paid 603,704 851,613 814,713 775,963 305-4180-570400 Cost of Issuance 287,998 0 0 0
Category: 5700 Debt Service Total 1,291,702 1,836,613 1,844,713 1,850,963 Category: 5800 Administrative Charges
305-4180-580000 Administrative Service Charges 4,150 8,200 5,520 5,520 Category: 5800 Administrative Charges Total 4,150 8,200 5,520 5,520 Department: 4180 PUBLIC FACILITIES Total 1,295,852 1,844,813 1,850,233 1,856,483 Fund: 305 - A HILLS IMPROVEMENT AUTHORITY BOND Total 1,295,852 1,844,813 1,850,233 1,856,483 Excess (Deficiency) of Revenues (1,204,892) (1,526,530) (1,550,233) (1,836,483) Other Financing Sources (Uses) 13,061,672 (4,534,064) 849,712 1,110,688 Beginning Fund Balance 292,037 12,148,817 6,088,223 5,387,702 Ending Fund Balance 12,148,817 6,088,223 5,387,702 4,661,907 City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
141
Fund 420 Inclusionary Housing In Lieu Fund Overview
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 420 - INCLUSIONARY HOUSING IN LIEU
Category: 4006 Investment Income
420-0000-371000 Interest Earnings 85,667 95,958 65,000 65,000 Category: 4006 Investment Income Total 85,667 95,958 65,000 65,000 Fund: 420 - INCLUSIONARY HOUSING IN LIEU Total 85,667 95,958 65,000 65,000 Appropriations
Fund: 420 - INCLUSIONARY HOUSING IN LIEU
Category: 5500 Contract Services
420-4305-552000 Housing Element updating plan 0 0 0 110,000 Category: 5500 Contract Services Total 0 0 0 110,000
Fund: 420 - INCLUSIONARY HOUSING IN LIEU Total 0 0 0 110,000 Excess (Deficiency) of Revenues 85,667 95,958 65,000 (45,000) Other Financing Sources (Uses) - - - -
Beginning Fund Balance 1,861,035 1,946,702 2,042,660 2,107,660 Ending Fund Balance 1,946,702 2,042,660 2,107,660 2,062,660 City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
To account for in-lieu fees that are committed for the development or maintenance of housing that is affordable to low to moderate income households.
142
Fund 520 Solid Waste Management Fund Overview
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 520 - SOLID WASTE MANAGEMENT
Category: 4000 Taxes and Assessments
520-0000-314500 AB 939 Fee 36,534 36,164 36,000 36,000
Category: 4000 Taxes and Assessments Total 36,534 36,164 36,000 36,000 Category: 4004 Charges for Services
520-0000-325000 Waste Hauling Permit Fee 13,000 13,001 13,000 13,000 520-0000-394000 Waste Hauling Surcharge 59,429 61,953 60,000 60,000 Category: 4004 Charges for Services Total 72,429 74,954 73,000 73,000 Category: 4006 Investment Income
520-0000-371000 Interest Earnings 11,843 13,459 10,000 10,000 Category: 4006 Investment Income Total 11,843 13,459 10,000 10,000 Fund: 520 - SOLID WASTE MANAGEMENT Total 120,806 124,576 119,000 119,000 Appropriations
Fund: 520 - SOLID WASTE MANAGEMENT
Department: 4395 SOLID WASTE MANAGEMENT
Category: 5400 Materials, Supplies, and Services
520-4395-542300 Printing 2,660 1,217 2,280 2,280
520-4395-542400 Special supplies 130 0 1,000 1,000
Category: 5400 Materials, Supplies, and Services Total 2,790 1,217 3,280 3,280 Category: 5500 Contract Services
520-4395-552000 Contract Services 51,408 56,005 91,450 71,450 Category: 5500 Contract Services Total 51,408 56,005 91,450 71,450 Category: 5800 Administrative Charges
520-4395-580000 Administrative Service Charges 47,000 47,000 47,000 47,000 Category: 5800 Administrative Charges Total 47,000 47,000 47,000 47,000 Department: 4395 SOLID WASTE MANAGEMENT Total 101,198 104,221 141,730 121,730 Department: 4515 STREET MAINTENANCE
Category: 5500 Contract Services
520-4515-552021 Street Sweeping 0 0 90,000 0
Category: 5500 Contract Services Total 0 0 90,000 0
Fund: 520 - SOLID WASTE MANAGEMENT Total 101,198 104,221 231,730 121,730 Excess (Deficiency) of Revenues 19,608 20,355 (112,730) (2,730) Other Financing Sources (Uses) - - - -
Beginning Fund Balance 251,623 271,231 291,586 178,856
Ending Fund Balance 271,231 291,586 178,856 176,126
City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
To account for funds relating to collection, transportation and recycling of refuse materials for City residents and businesses. 143
Fund 620 Housing Successor Agency Fund Overview
2023-2024 2024-2025 2025-2026 2026-2027
Actual Actual Adopted Proposed
Revenues
Fund: 620 - HOUSING SUCCESSOR AGENCY
Category: 4006 Investment Income
620-0000-371000 Interest Earnings 46,542 56,378 45,000 45,000 Category: 4006 Investment Income Total 46,542 56,378 45,000 45,000 Fund: 620 - HOUSING SUCCESSOR AGENCY Total 46,542 56,378 45,000 45,000 Appropriations
Fund: 620 - HOUSING SUCCESSOR AGENCY
Department: 4120 CITY MANAGER
Category: 5100 Personnel
620-4120-510100 Regular salaries 23,068 17,403 24,326 24,326 620-4120-510700 Retirement 6,029 4,630 8,635 8,635
620-4120-510800 Group health insurance 2,669 1,953 2,843 2,843 620-4120-510900 Group dental insurance 178 118 160 160
620-4120-511000 Group life insurance 34 22 30 30
620-4120-511100 Group disability insurance 274 206 277 277 620-4120-511200 Medicare taxes 339 256 402 402
Category: 5100 Personnel Total 32,591 24,589 36,673 36,673 Department: 4120 CITY MANAGER Total 32,591 24,589 36,673 36,673 Department: 4305 COMMUNITY DEVELOPMENT
Category: 5100 Personnel
620-4305-510100 Regular salaries 15,347 33,574 31,875 31,875 620-4305-510700 Retirement 1,132 2,398 2,545 2,545
620-4305-510800 Group health insurance 1,798 4,103 3,993 3,993 620-4305-510900 Group dental insurance 118 248 221 221
620-4305-511000 Group life insurance 32 72 68 68
620-4305-511100 Group disability insurance 174 385 363 363 620-4305-511200 Medicare taxes 226 496 492 492
Category: 5100 Personnel Total 18,827 41,275 39,557 39,557 Category: 5500 Contract Services
620-4305-552000 Contract Services 56,429 0 0 0
Category: 5500 Contract Services Total 56,429 0 0 0
Department: 4305 COMMUNITY DEVELOPMENT Total 75,256 41,275 39,557 39,557 Fund: 620 - HOUSING SUCCESSOR AGENCY Total 107,847 65,864 76,230 76,230 Excess (Deficiency) of Revenues (61,305) (9,487) (31,230) (31,230) Other Financing Sources (Uses) 166,212 178,010 -
Beginning Fund Balance 894,058 998,965 1,167,488 1,136,258 Ending Fund Balance 998,965 1,167,488 1,136,258 1,105,028 City of Agoura Hills
Budget
FY 2025-2026 to FY 2026-2027
In February 2011, the City recorded an advance of $44 million to the Redevelopment Agency. In December 2011, the California Supreme Court dissolved the Redevelopment Agency and the City elected to become the Successor Agency for the former redevelopment agency. The Successor Agency makes annual payments on the outstanding debt and 20% of the loan repayment is transferred to the Housing Successor Agency to fund low to moderate income housing activities. 144
145
Capital Improvement Plan Capital Improvement Plan
Overview:

The Capital Improvement Plan (CIP) for the City of Agoura Hills is a long-term planning tool that guides investment in the City’s physical infrastructure and major assets. It outlines a multi-year forecast of capital projects aligned with Agoura Hills’ development goals, financial resources, and service priorities. Typical projects include roadway and
transportation improvements, water and wastewater system upgrades, public safety facilities, and parks.

The CIP helps prioritize projects based on factors such as public safety, infrastructure condition, community benefit, and economic impact. It is funded through a combination of the General Fund, special funds, and state and federal grants.

Reviewed and updated annually as part of the City’s budget process, the CIP ensures that project planning remains
responsive to changing needs and resources.

By providing a structured approach to capital planning, the CIP enhances transparency, improves coordination across departments, reduces long-term maintenance costs, and
supports the City’s vision for a well-maintained and resilient infrastructure system.
146
Item Project Name Funding Source 5-Year Total Funding Amount CIP Fiscal Year 2025/2026 Fiscal Year 2026/2027 Fiscal Year 2027/2028 Fiscal Year 2028/2029 Fiscal Year 2029/2030 Annual Citywide Street Resurfacing
Construction General Fund - $ - $ - $ - $ - $ - $
Design and Construction Measure R (Local) 500,000 $ 100,000 $ 100,000 $ 100,000 $ 100,000 $ 100,000 $ Construction Road Rehab Fund 2,350,000 $ 250,000 $ 900,000 $ 400,000 $ 400,000 $ 400,000 $ Construction STP-L - $
Total 2,850,000 $ 350,000 $ 1,000,000 $ 500,000 $ 500,000 $ 500,000 $ 2 Annual Concrete Repair Program
Construction Measure R (Local) 110,000 $ 55,000 $ 55,000 $ Construction Measure M (Local) 340,000 $ 85,000 $ 85,000 $ 85,000 $ 85,000 $ 85,000 $ Construction TDA 60,000 $ 15,000 $ 15,000 $ 15,000 $ 15,000 $ 15,000 $ Total 610,000 $ 155,000 $ 155,000 $ 100,000 $ 100,000 $ 100,000 $ 3 Kanan/Agoura Intersection
Design/Env Doc Measure R (HWY) 72,500 $ 72,500 $
Design/Env Doc Measure M (HWY) 150,000 $ 100,000 $ 50,000 $ Right-of-Way (Support) Measure M (HWY) 120,907 $ 40,000 $ 80,907 $ Right-of-Way (Capital) Measure M (HWY) 1,000,000 $ 1,000,000 $ Construction (CM, CE, Inspection) Measure M (HWY) 900,000 $ 20,000 $ 80,000 $ 400,000 $ 400,000 $ Construction Measure M (HWY) 7,847,889 $ 1,000,000 $ 4,000,000 $ 2,847,889 $ Total 10,091,296 $ 212,500 $ 1,150,907 $ 1,080,000 $ 4,400,000 $ 3,247,889 $ 4 Kanan Corridor
PSR Measure M (HWY) - $
PS&E and ROW - T.O to Canwood Measure M (HWY) 552,270 $ 552,270 $ Construction Support (CM, CE, Inspection) - T.O. To Canwood Measure M (HWY) 800,000 $ 50,000 $ 350,000 $ 400,000 $ Construction - T.O. to Canwood Measure M (HWY) 4,650,000 $ 2,500,000 $ 2,150,000 $ PR/Env (PA/ED) Measure M (HWY) 1,980,000 $ 300,000 $ 480,000 $ 600,000 $ 600,000 $ PS&E Measure M (HWY) - $
Total 7,982,270 $ 602,270 $ 3,150,000 $ 3,030,000 $ 600,000 $ 600,000 $ 5 Utility Undergrounding
District #2 - Cornell Rule 20A 1,300,000 $ 1,300,000 $
Total 1,300,000 $ - $ 1,300,000 $ - $ - $ - $
6 Storm Drain Diversion
Construction Measure W Regional 970,503 $ 970,503 $
Stormwater CIP Fund 970,610 $ 970,610 $
IRWMP Funding 1,195,135 $ 1,195,135 $
Scope/Design/Construction Measure W Local 1,573,000 $ 109,000 $ 786,000 $ 226,000 $ 226,000 $ 226,000 $ Total 4,709,248 $ 109,000 $ 3,922,248 $ 226,000 $ 226,000 $ 226,000 $ 7 Ladyface Greenway
Construction Measure M (AT) 8,860,000 $ 7,560,000 $ 1,300,000 $ Measure R (AT from LASup) - $ State Specified Grant (Parks) 6,000,000 $ 4,800,000 $ 1,200,000 $ Construction (Art in Public Places) Art in Public Spaces Fund 75,000 $ 75,000 $ Construction (Watershed Elements) Measure W (Local) 188,000 $ 188,000 $ Construction (LVMWD Improvements) LVMWD MOA 220,000 $ 220,000 $ Const Support (CM, CE, Insp, MMRP, Permits) Measure M (AT) 1,885,000 $ 1,445,000 $ 440,000 $ Const Support (CM, CE, Insp, MMRP, Permits) Measure R (AT from LASup) - $ Total 17,228,000 $ 14,213,000 $ 3,015,000 $ - $ - $ - $ 8 Park Restrooms & Playgrounds
Morrison Park Playground
Design/Inspection/Testing General Fund 35,000 $ 35,000 $ Play Equipment & Pour and Play (Construction & Inspect) Private Donations 167,235 $ 167,235 $ Play Equipment & Pour and Play (Construction & Inspect) Measure A 89,568 $ 89,568 $ Construction (Sidewalks/Site Prep/Site Improv) Measure A 95,607 $ 95,607 $ Construction (Sidewalks/Site Prep/Site Improv) CDBG 138,339 $ 138,339 $ 1 147
Construction (Sidewalks/Site Prep/Site Improv) Grants - $ - $ Construction (Sidewalks/Site Prep/Site Improv) General Fund - $ - $ Subtotal 525,749 $ 525,749 $ - $ - $ - $ - $
Total 525,749 $ 525,749 $ - $ - $ - $ - $
9 Rec Center Solar Panels
Construction CPA Grant Fund 200,000 $ 200,000 $
Total 200,000 $ - $ 200,000 $ - $ - $ - $
10 Future Park Proposals
Design (Architectural/Structural Eng) General Fund 30,000 $ 30,000 $ Construction (Roof, Walls, Walkways) Grant TBD 500,000 $ 100,000 $ 100,000 $ 100,000 $ 100,000 $ 100,000 $ Total 530,000 $ 130,000 $ 100,000 $ 100,000 $ 100,000 $ 100,000 $ 11 Bike Master Plan Implementation
FY 24-25 Pavement Project with Class II & III Bike Improv Construction State Earmark Funding 500,000 $ 500,000 $
Subtotal 500,000 $ 500,000 $ - $ - $ - $ - $
Reyes Adobe Class II Gap Closure
Design/Environmental Federal Earmark Funding (HUD) 310,000 $ 310,000 $ Construction Federal Earmark Funding (HUD) 1,280,000 $ 1,280,000 $ Subtotal 1,590,000 $ - $ 310,000 $ 1,280,000 $ - $ - $
Class IV Bikeway Demonstration on Thousand Oaks Blvd.

Update Local Roadway Safety Plan (LRSP) SS4A Grant 32,000 $ 16,000 $ 16,000 $ Prop C/MR/MM/Traffic Impr/SB1 8,000 $ 4,000 $ 4,000 $
Develop Safe Routes to School Plan (SR2S) SS4A Grant 140,000 $ 44,000 $ 96,000 $ Prop C/MR/MM/Traffic Impr/SB1 35,000 $ 11,000 $ 24,000 $ Design, Construction and Public Engagement SS4A Grant 172,000 $ 28,000 $ 144,000 $ Prop C/MR/MM/Traffic Impr/SB1 43,000 $ 7,000 $ 36,000 $ Subtotal 430,000 $ - $ 75,000 $ 140,000 $ 35,000 $ 180,000 $ Total 2,520,000 $ 500,000 $ 385,000 $ 1,420,000 $ 35,000 $ 180,000 $ 12 Crosswalk Improvements
Construction (HAWK at Reyes Adobe Rd and Stonecrest Dr) TBD/Measure M/TIF/Grant 500,000 $ 500,000 $ Total 500,000 $ - $ - $ - $ 500,000 $ - $
13 Regional Smart Cities Fiber Network
Construction Measure M (HWY) 2,000,000 $ 1,000,000 $ 1,000,000 $ Total 2,000,000 $ 1,000,000 $ 1,000,000 $ - $ - $ - $
14 Driver Avenue Drainage Improvements
Study, Design & Environmental FEMA 162,617 $ 162,617 $
Study, Design & Environmental CalOES 57,383 $ 57,383 $
Construction (includes CE, Inspection) Measure W (Local) 50,000 $ 50,000 $ Construction (includes CE, Inspection) FEMA 275,000 $ 25,000 $ 250,000 $ Construction (inlcudes CE, Inspection) Storm Water Capital Project Fund 144,462 $ 144,462 $ Total 689,462 $ 245,000 $ 444,462 $ - $ - $ - $
15 Rec Center Trail
Enivornmental Mitigation General Fund 71,208 $ 71,208 $ Construction General Fund 109,536 $ 109,536 $
Total 180,744 $ 180,744 $ - $ - $ - $ - $
16 Lake Lindero & Surrounding Amenities Action Plan
Alternate Design Study & Public Outreach Measure W (Local) 89,200 $ 30,000 $ 59,200 $ Feasibility Study (Preferred Alternative) TBD - $
Total 89,200 $ 30,000 $ 59,200 $ - $ - $ - $
17 Old Agoura Trails & Bikeway Imrpovements
Preliminary Design Report General Fund 150,000 $ 60,000 $ 90,000 $ Final Trail Design (incl. Public Outreach, Utility Coord.) General Fund 160,000 $ 60,000 $ 100,000 $ Total 310,000 $ 60,000 $ 90,000 $ 60,000 $ 100,000 $ - $ 18 Liberty Canyon Creek Restoration
148
Preliminary Engineering Report Measure W (Local) 225,000 $ 225,000 $ Final Design (incl. Public Outreach, Utility Coord, CEQA) Funding TBD - $ Total 225,000 $ - $ 225,000 $ - $ - $ - $
19 Traffic Signal System Improvements
Traffic Signal System Master Plan Proposition C 150,000 $ 150,000 $ Signalized Intersection Improvements Funding TBD - $
Total 150,000 $ - $ 150,000 $ - $ - $ - $
20 Microgrid Design/Build
Design/Build Federal Earmark Funding (FEMA) 1,300,000 $ 15,000 $ 1,085,000 $ 200,000 $ City Match 500,000 $ 500,000 $
TBD 1,500,000 $ 1,200,000 $ 300,000 $
Total 3,300,000 $ 15,000 $ 2,785,000 $ 500,000 $ - $ - $ 55,990,969 $ 18,328,263 $ 19,131,817 $ 7,016,000 $ 6,561,000 $ 4,953,889 $ Total Funded CIP Projects 149
150
City of Agoura Hills
List of Acronyms
FY 2025-26/2026-27
ACFR Annual Comprehensive Financial Report
AED Automated External Defibrillator
CalPERS Public Employees Retirement System
CCTV Closed Circuit TV
CD Certificate of Deposit
CDBG Community Development Block Grant
CIP Capital Improvements Program
CJPIA California Joint Powers Insurance Authority
CMAQ Congestion Mitigation & Air Quality
CMWD Calleguas Municipal Water District
COP Certificates of Participation
CRA California Redevelopment Association
CSMFO California Society of Municipal Finance Officers
DUI Driving Under the Influence
EOC Emergency Operations Center
EPA Environmental Protection Agency
ERAF Educational Revenue Augmentation Fund
FAMC Federal Agricultural Mortgage Corporation
FFCB Federal Farm Credit Banks
FHLB Federal Home Loan Bank
GAAP Generally Accepted Accounting Principles
GASB Governmental Accounting Standards Board
GFOA Government Finance Officers Association
GIS Geographic Information System
HBRR Highway Bridge Rehabilitation & Replacement
HUD Department of Housing & Urban Development
HUTA Highway Users Tax Account
HVAC Heating, Ventilation & Air Conditioning
LAIF Local Agency Investment Fund
LAN/WAN Local and Wide Area Network
METRO L.A. County Metropolitan Transport Authority
MWD Metropolitan Water District
NPDES National Pollutant Discharge Elimination System
OES Office of Emergency Services
OPEB Other Post Employment Benefits
OSHA Occupational Safety & Health Acts
151
PERS Public Employees Retirement System
RDA Redevelopment Agency
S&P Standard & Poors
SEC Securities and Exchange Commission
SEMS Standardized Emergency Management System
SRO School Resource Officer
STP Surface Transportation Program
TDA State of CA Transportation Development Act
TMDL Total Maximum Daily Load
TVA Tennessee Valley Authority
VLF Vehicle License Fee
152
City of Agoura Hills
Glossary of Terms
Fiscal Year 2025-26/2026-27
Accounting System: The total set of records and procedures which are used to record, classify, and report information on the financial status and operations of an entity.

Accrual Basis of Accounting: The accrual basis of accounting is utilized by proprietary fund types. Under this method, revenues are recorded when earned and expenses are recorded at the time liabilities are incurred. Unbilled utility receivables are accrued at fiscal year end.

Activity: A specific and distinguishable unit of work or service performed.

Appropriation: An authorization made by the legislative body of a government, which permits officials to incur obligations against and to make expenditures of governmental resources. Appropriations are usually made for fixed amounts and are typically granted for a one-year period.

Appropriation Resolution: The official enactment by the legislative body establishing the legal authority for officials to obligate and expend resources.

Assessed Value: The value placed on real and other property as a basis for levying taxes.

Assets: Property owned by a government, which has monetary value.

Audit: A systematic examination of resource utilization concluding in a written report. It is a test of management’s internal accounting controls and is intended to: (1) ascertain whether financial statements fairly present financial position and results of operations; (2) test whether transactions have been legally performed; (3) identify areas for possible improvements in accounting practices and procedures; (4) ascertain whether transactions have been recorded accurately and consistently; and (5) ascertain the stewardship of officials responsible for governmental resources.

Balance Sheet: A statement purporting to present the financial position of an entity by disclosing the value of its assets, liabilities, and equities as of a specific date.

Balanced Budget: The City’s definition of a balanced budget is one in which operating revenues fully cover operating expenditures, including debt service. The exception is that total expenditures can exceed revenues in a given year, but only to fund capital 153
improvement plan projects, or other ”one-time”, non-recurring expenditures. See Balanced Budget Policy in Appendix.

Bond: A written promise to pay (debt) a specified sum of money (called principal or face value) at a specified future date (called the maturity date(s)) along with periodic interest paid at a specified percentage of the principal (interest rate). Bonds are typically used for long-term debt.

Budget (Operating): A plan of financial operation embodying an estimate of proposed expenditures for a given period (typically a fiscal year) and the proposed means of financing them (revenue estimates).

Budget Calendar: The schedule of key dates or milestones which a government follows in the preparation and adoption of the budget.

Budget Document: The official written statement submitted by the City Manager and supporting staff to the legislative body detailing the proposed budget.

Budget Message: A general discussion of the proposed budget presented in writing as a part of, or supplement of, the budget document. The budget message explains principal budget issues against the background of financial trends and presents recommendations made by the City Manager.

Capital Assets: Assets of significant value and having a useful life of several years. Capital assets are also called fixed assets.

Capital Budget: A plan of proposed capital expenditures and the means of financing them. The capital budget is usually enacted as part of the complete annual budget, which includes both operating and capital outlays.

Capital Expenditure: An acquisition or an improvement (as distinguished from a repair) that will have a life of more than one year. The City of Agoura Hills’ Operating Budget defines “Capital” as acquisitions costing more than $10,000.00 or infrastructure assets costing more than $25,000.00.

Capital Improvement Program: A plan for capital expenditures to be incurred each year over a fixed period of several future years setting forth each capital project, and identifying the expected beginning and ending date for each project, the amount to be expended in each year, and the method of financing those expenditures.

Capital Outlays: Expenditures for the acquisition and/or construction of capital assets.

Capital Projects: Projects which purchase or construct capital assets. 154
Cost Accounting: Accounting which assembles and records all costs incurred to carry out a particular activity or to deliver a particular service.

Debt Service: Payment of interest and repayment of principal to holders of a government’s debt instruments.

Deficit: (1) The excess of an entity’s liabilities over its assets (See Fund Balance) or (2) the excess of expenditures or expenses over revenues during a single accounting period.

Depreciation: (1) Expiration in the service life of capital assets attributable to wear and tear, deterioration, action of the physical elements, inadequacy or obsolescence. (2) That portion of the cost of a capital asset that is charged as an expense during a particular period.

Expenditures: Where accounts are kept on the modified accrual basis of accounting, the cost of goods received or services rendered whether cash payments have been made or not.

Fiscal Year: The City of Agoura Hills operates on a fiscal year from July 1 through June

30. Fund: A separate accounting entity with a self-balancing set of accounts. Funds are classified into three categories: governmental, proprietary and fiduciary. The City of Agoura Hills does not have any proprietary funds.

Fund Balance: The excess of an entity’s assets over its liabilities. A negative fund balance is called a fund deficit.

General Fund: Revenues which can be used for the general operation of the City government. General fund revenues are not specifically required in statute or in the constitution to support particular programs or agencies.

Goals and Objectives: Specific projects and programs to be undertaken utilizing allocated fiscal resources, designed to further the achievement of the City Work Plan.

Governmental Funds: Funds generally used to account for tax-supported activities.

There are five different types of governmental funds: the general fund, special revenue funds, debt service funds, capital projects funds and permanent funds.

Grant: A contribution of assets (usually cash) by one governmental unit or other organization to another. Typically, these contributions are made to local governments from the state and federal governments. Grants are usually made for specified purposes 155
Interfund Loans: Amounts provided between funds and blended component units of the primary government with a requirement for repayment.

Interfund Transfers: Flows of assets (such as cash or goods) between funds and blended component units of the primary government without equivalent flows of assets in return and without a requirement for repayment.

Internal Control: A plan of organization for purchasing, accounting, and other financial activities which, among other things, provides that: (1) the duties of employees are subdivided so that no single employee handles a financial action from beginning to end; (2) proper authorizations from specific responsible officials are obtained before key steps in the processing of a transaction are completed; and, (3) records and procedures are arranged appropriately to facilitate safekeeping and effective control.

Internal Service Fund: Proprietary fund typeused to account for the financing of goods or services provided by one department or agency to other departments or agencies of a government, on a cost-reimbursement basis.

Liability: Debt or other legal obligations arising out of transactions in the past which must be liquidated renewed or refunded at some future date. Note: The term does not include encumbrances.

Major Accomplishments: A report of those significant programs, projects, and other activities which were successfully implemented and/or completed by a Department during the prior fiscal year.

Major Fund: Any fund whose revenues or expenditures, excluding other financing sources or uses, is more than 10% of the total revenues or expenditures of the appropriated budget is considered a major fund for budgeting purposes.

Modified Accrual Basis: The modified accrual basis of accounting is used by all governmental fund types, expendable trust funds and agency funds. Under the modified accrual basis of accounting, revenues are recognized when susceptible to accrual (i.e., when they become both measurable and available). “Measurable” means the amount of the transaction can be determined and “available” means collectible within the current period or soon enough thereafter to be used to pay liabilities of the current period. Those revenues susceptible to accrual include property taxes remitted within 60 days after year-end, interest on investments, and certain other intergovernmental revenues. Expenditures are recorded when the related fund liability is incurred. Principal and interest on general long-term debt are recorded as fund liabilities when due, or when amounts have been accumulated in the debt service fund for payments to be made early in the following year.
156
Non-Major Fund: Any fund whose revenues or expenditures, excluding other financing sources or uses, is less than 10% of the total revenues or expenditures of the appropriated budget is considered a non-major fund.

NPDES: National Pollutant Discharge Elimination System.

Primary Activities: A summary of what each department accomplishes during the fiscal year.

Proprietary Funds: Funds that focus on the determination of operating income, changes in net assets (or cost recovery), financial position, and cash flows. There are two different types of proprietary funds: enterprise funds and internal service funds. The City of Agoura Hills does not have any propriety funds.

Purchase Order: A document issued to authorize a vendor to deliver specified merchandise or render a specified service for a stated estimated price. Outstanding purchase orders are called encumbrances.

Reserve: An account used to indicate that a portion of fund equity is restricted for a specific purpose or not available for appropriation and subsequent spending.

Service Level Trends: A summary of changes in service levels from one fiscal year to the next. Changes discussed will include staffing levels, operational expenditures and capital outlay.
157
158

CITY OF AGOURA HILLS

STATEMENT OF INVESTMENT POLICY
I. POLICY
This investment policy applies to all investment activities and financial assets of the City of Agoura Hills (City). The funds are accounted for and incorporated in the City’s Annual Comprehensive Financial Report and include the General Fund, Special Revenue Funds, Debt Service Funds, Capital Project Funds, and Trust Funds.

The purpose of this investment policy is to identify various policies and procedures that will foster a prudent and systematic investment program designed to seek the City objectives of safety, liquidity and return on investment through a diversified investment portfolio.

This policy also serves to organize and formalize the City investment-related activities, while complying with all applicable statutes governing the investment of public funds. This policy is written to incorporate industry best practices and recommendations from sources such as the Government Finance Officers Association (GFOA), California Municipal Treasurers Association (CMTA), California Debt and Investment Advisory Commission (CDIAC) and the Association of Public Treasurers (APT).

II. SCOPE
This policy covers all funds and investment activities under the direct authority of the City, as set forth in the State Government Code, Sections 53600 et seq., with the following exceptions:
x Proceeds of debt issuance shall be invested in accordance with the City’s general investment philosophy as set forth in this policy; however, such proceeds are to be invested pursuant to the permitted investment provisions of their specific bond indentures.
x Any other funds specifically exempted by the City Council. 159

POOLING OF FUNDS
Except for cash in certain restricted and special funds, the City will consolidate cash and reserve balances from all funds to maximize investment earnings and to increase efficiencies with regard to investment pricing, safekeeping, and administration. Investment income will be allocated to the various funds based on their respective participation and in accordance with generally accepted accounting principles.

III. PRUDENCE
Pursuant to California Government Code, Section 53600.3, all persons authorized to make investment decisions on behalf of the City are trustees and therefore fiduciaries subject to the Prudent Investor Standard:
“…all governing bodies of local agencies or persons authorized to make investment decisions on behalf of those local agencies investing public funds pursuant to this chapter are trustees and therefore fiduciaries subject to the prudent investor standard. When investing, reinvesting, purchasing, acquiring, exchanging, selling, or managing public funds, a trustee shall act with care, skill, prudence, and diligence under the circumstances then prevailing, including, but not limited to, the general economic conditions and the anticipated needs of the City, that a prudent person acting in a like capacity and familiarity with those matters would use in the conduct of funds of a like character and with like aims, to safeguard the principal and maintain the liquidity needs of the City. Within the limitations of this section and considering individual investments as part of an overall strategy, investments may be acquired as authorized by law.”
The Treasurer and other authorized persons responsible for managing City funds acting in accordance with written procedures and this investment policy and exercising due diligence shall be relieved of personal responsibility for an individual security’s credit risk or market price changes provided that the Treasurer or other authorized persons acted in good faith. Deviations from expectations of a security’s credit or market risk should be reported to the City Council in a timely fashion and appropriate action should be taken to control adverse developments.

IV. OBJECTIVES
The City’s overall investment program shall be designed and managed with a degree of professionalism worthy of the public trust. The overriding objectives 160
of the program are to preserve principal, provide sufficient liquidity, and manage investment risks, while seeking a market-rate of return. x SAFETY. Safety of principal is the foremost objective of the investment program. Investments will be undertaken in a manner that seeks to ensure the preservation of capital in the overall portfolio. To attain this objective, the City will diversify its investments by investing funds among a variety of securities with independent returns. x LIQUIDITY. The investment portfolio will remain sufficiently liquid to meet all operating requirements that may be reasonably anticipated. x RETURN ON INVESTMENTS. The investment portfolio will be designed with the objective of attaining a market rate of return throughout budgetary and economic cycles, taking into account the investment risk constraints for safety and liquidity needs.

V. DELEGATION OF AUTHORITY
Authority to manage the City’s investment program is derived from California Government Code, Sections 41006 and 53600 et seq. The City Council is responsible for the management of the City’s funds, including the administration of this investment policy. Management responsibility for the cash management of the City’s funds is hereby delegated to the Treasurer.

The City Manager, after reviewing the City's cashflow needs with the Director of Finance, will authorize the amount of cash available to be invested by the City Treasurer.

The Treasurer will be responsible for all transactions undertaken and will establish a system of procedures and controls to regulate the activities of subordinate officials and employees. Such procedures will include explicit delegation of authority to the people responsible for investment transactions.

No person may engage in an investment transaction except as provided under the terms of this policy and the procedures established by the Treasurer.

The Treasurer may authorize the Director of Finance to function as the City’s Investment Officer in performing the treasury functions and duties under this policy. When acting as the City’s Investment Officer as provided in this paragraph, the Director of Finance shall be subject to the direction and supervision of the Treasurer, shall coordinate with the City Treasurer on 161
investments, and shall discuss changes in the composition of the City’s investment portfolio with the Treasurer prior to purchasing these investments.

The City may engage the services of one or more external investment advisers, who are registered under the Investment Advisers Act of 1940, to assist in the management of the City’s investment portfolio in a manner consistent with the City’s objectives. External investment advisers may be granted discretion to purchase and sell investment securities in accordance with this investment policy.

The City's overall investment program shall be designed and managed with a degree of professionalism that is worthy of the public trust. The City recognizes that in a diversified portfolio, occasional measured losses may be inevitable and must be considered within the context of the overall portfolio’s return and the cash flow requirements of the City.

VI. ETHICS AND CONFLICTS OF INTEREST
All participants in the investment process shall function as custodians of the public trust. Investment officials shall recognize that the investment portfolio is subject to public review and evaluation. Thus, employees and officials involved in the investment process shall refrain from personal business activity that could create a conflict of interest or the appearance of a conflict with proper execution of the investment program, or which could impair their ability to make impartial investment decisions.

Employees and investment officials shall disclose to the Director of Finance any material interests in financial institutions with which they conduct business, and they shall further disclose any large personal financial/investment positions that could be related to the performance of the investment portfolio.

Employees and officers shall refrain from undertaking any personal investment transactions with the same individual with whom business is conducted on behalf of the City. Investment officials must file an annual Statement of Economic Interest Form 700 with the city clerk’s office prior to April 1 of each year or when material interest in financial institutions or personal investment positions require it.

VII. INTERNAL CONTROLS
Subject to the direction and supervision of the Treasurer, the Director of Finance is responsible for establishing and maintaining an internal control structure designed to ensure that the financial assets of the City are protected 162
from loss, theft, fraud, or misuse.

The internal control structure shall be designed to provide reasonable assurance that these objectives are met. The concept of reasonable assurance recognizes that (1) the cost of a control should not exceed the benefits likely to be derived; and (2) the valuation of costs and benefits requires estimates and judgments by management.

Internal controls state that every transaction must be reviewed, authorized, and documented. Transaction documentation will be maintained for audit purposes.

The investments placed shall conform to the City's "Statement of Investment Policy.”
Annually the City’s auditor will conduct an independent analysis to review internal controls, account activity, compliance with policies and procedures and review of investment records and verify the investments have been made in accordance with this policy.

VIII. WIRE TRANSFER CONTROLS
All City wire transfers will be executed in accordance with written operating procedures specifying controls required for wire transfers of funds. All wire transfers require three City employees to initiate, approve, and release each transaction. Two factor authentication is required for each individual to engage in the wire release process, which includes unique passwords, and the use of bank security tokens generating random numerical passwords.

Final release of any and all wires from the City, investment or otherwise, require the approval of either the City Manager or Director of Finance.

LAIF TRANSFERS
Any transfers to/from LAIF representing deposits or withdrawals effectuating an investment decision by the City Treasurer shall be completed by Finance Department staff and authorized by the City Manager in accordance with paragraph 2 of Section VII.

IX. AUTHORIZED FINANCIAL INSTITUTIONS, DEPOSITORIES, AND

BROKER/DEALERS
To the extent practicable, the Treasurer shall endeavor to complete investment transactions using a competitive bid process whenever possible.

The City’s Treasurer will determine which financial institutions are authorized 163
to provide investment services to the City. It shall be the City’s policy to purchase securities only from authorized institutions and firms.

The Treasurer shall maintain procedures for establishing a list of authorized broker/dealers and financial institutions which are approved for investment purposes that are selected through a process of due diligence as determined by the City. Due inquiry shall determine whether such authorized brokers/dealers, and the individuals covering the City are reputable and trustworthy, knowledgeable, and experienced in Public City investing and able to meet all of their financial obligations. These institutions may include "primary" dealers or regional dealers that qualify under Securities and Exchange Commission (SEC) Rule 15c3-1 (uniform net capital rule).

In accordance with Section 53601.5, institutions eligible to transact investment business with the City include:

1. Institutions licensed by the state as broker-dealer.

2. Institutions that are members of a federally regulated securities exchange.

3. Primary government dealers as designated by the Federal Reserve Bank.

4. National or state-chartered banks.

5. The Federal Reserve Bank.

6. Direct issuers of securities eligible for purchase.

Selection of financial institutions and broker/dealers authorized to engage in transactions will be at the sole discretion of the City, except where the City utilizes an external investment adviser in which case the City may rely on the adviser for selection.

All financial institutions which desire to become qualified bidders for investment transactions (and which are not dealing only with the investment adviser) must supply the Treasurer with audited financials and a statement certifying that the institution has reviewed the California Government Code, Section 53600 et seq. and the City’s investment policy. The Treasurer will conduct an annual review of the financial condition and registrations of such qualified bidders.

Public deposits will be made only in qualified public depositories as established by State law. Deposits will be insured by the Federal Deposit Insurance Corporation, or, to the extent the amount exceeds the insured maximum, will be collateralized in accordance with State law.

Selection of broker/dealers used by an external investment adviser retained 164
by the City will be at the sole discretion of the adviser. Where possible, transactions with broker/dealers shall be selected on a competitive basis and their bid or offering prices shall be recorded. If there is no other readily available competitive offering, best efforts will be made to document quotations for comparable or alternative securities. When purchasing original issue instrumentality securities, no competitive offerings will be required as all dealers in the selling group offer those securities at the same original issue price.

X. AUTHORIZED INVESTMENTS
The City’s investments are governed by the California Government Code, Sections 53600 et seq. Within the investments permitted by the Code, the City seeks to further restrict eligible investments to the guidelines listed below. In the event a discrepancy is found between this policy and the Code, the more restrictive parameters will take precedence. The percentage holding limits listed in this section apply at the time the security is purchased.

Any investment currently held at the time the policy is adopted which does not meet the new policy guidelines can be held until maturity and shall be exempt from the current policy. At the time of the investment’s maturity or liquidation, such funds shall be reinvested only as provided in the current policy.

An appropriate risk level shall be maintained by primarily purchasing securities that are of high quality, liquid, and marketable. The portfolio shall be diversified by security type and institution to avoid incurring unreasonable and avoidable risks regarding specific security types or individual issuers.

1. MUNICIPAL SECURITIES (REGISTERED TREASURY NOTES OR BONDS) of any of the other 49 states in addition to California, including bonds payable solely out of the revenues from a revenue-producing property owned, controlled, or operated by a state or by a department, board, City, or authority of any of the other 49 states, in addition to California. x The securities are rated in a rating category of “A” or its equivalent or better by at least one nationally recognized statistical rating organization (“NRSRO”).
x No more than 5% of the portfolio may be invested in any single issuer. x No more than 30% of the portfolio may be in Municipal Securities. x The maximum maturity does not exceed five (5) years.
165

2. U.S. TREASURIES and other government obligations for which the full faith and credit of the United States are pledged for the payment of principal and interest. There are no limits on the dollar amount or percentage that the City may invest in U.S. Treasuries, provided that:
x The maximum maturity is five (5) years.

3. FEDERAL AGENCIES or United States Government-Sponsored Enterprise obligations, participations, or other instruments, including those issued by or fully guaranteed as to principal and interest by federal agencies or United States government-sponsored enterprises. There are no limits on the dollar amount or percentage that the City may invest in Federal City or Government-Sponsored Enterprises (GSEs), provided that:
x No more than 30% of the portfolio may be invested in any single City/GSE issuer.
x The maximum maturity does not exceed five (5) years.
x The maximum percentage of callable City securities in the portfolio will be 20%.

4. COMMERCIAL PAPER, provided that the securities are issued by an entity that meets all of the following conditions in either paragraph (a) or (b) and other requirements specified below:
x No more than 10% of the outstanding commercial paper of any single issuer.
x No more than 25% of the City’s investment assets under management may be invested in Commercial Paper. Under a provision sunsetting on January 1, 2026, no more than 40% of the portfolio may be invested in Commercial Paper if the City’s investment assets under management are greater than $100,000,000.
x No more than 5% of the portfolio may be invested in any single issuer. x The maximum maturity does not exceed 270 days.

5. SECURITIES issued by corporations:
x A corporation organized and operating in the United States with assets more than $500 million.
x The securities are rated “A-1” or its equivalent or better by at least one NRSRO.
x If the issuer has other debt obligations, they must be rated in a rating category of “A” or its equivalent or better by at least one NRSRO.

6. SECURITIES issued by other entities:
166
x The issuer is organized within the United States as a special purpose corporation, trust, or limited liability company.
x The securities must have program-wide credit enhancements including, but not limited to, overcollateralization, letters of credit, or a surety bond.
x The securities are rated “A-1” or its equivalent or better by at least one NRSRO.

7. NEGOTIABLE CERTIFICATES OF DEPOSIT (NCDS), issued by a nationally or state- chartered bank, a savings association, or a federal association, a state or federal credit union, or by a federally licensed or state-licensed branch of a foreign bank, provided that:
x The amount of the NCD insured up to the FDIC limit does not require any credit ratings.
x Any amount above the FDIC insured limit must be issued by institutions which have short-term debt obligations rated “A-1” or its equivalent or better by at least one NRSRO; or long-term obligations rated in a rating category of “A” or its equivalent or better by at least one NRSRO. x No more than 30% of the total portfolio may be invested in NCDs (combined with CDARS).
x No more than 5% of the portfolio may be invested in any single issuer. x The maximum maturity does not exceed five (5) years.

8. COLLATERALIZED BANK DEPOSITS. City’s deposits with financial institutions will be collateralized with pledged securities per California Government Code, Section 53651. There are no limits on the dollar amount or percentage that the City may invest in collateralized bank deposits.

9. STATE OF CALIFORNIA LOCAL CITY INVESTMENT FUND (LAIF), provided that:
x The City may invest up to the maximum amount permitted by LAIF. x LAIF’s investments in instruments prohibited by or not specified in the City’s policy do not exclude the investment in LAIF itself from the City’s list of allowable investments, provided LAIF’s reports allow the Treasurer to adequately judge the risk inherent in LAIF’s portfolio.

10. LOCAL GOVERNMENT INVESTMENT POOLS
x Other LGIPs permitted by client.
x There is no issuer limitation for Local Government Investment Pools 167

11. CORPORATE MEDIUM-TERM NOTES (MTNS), provided that:
x The issuer is a corporation organized and operating within the United States or by depository institutions licensed by the United States or any state and operating within the United States.
x The securities are rated in a rating category of “A” or its equivalent or better by at least one NRSRO.
x No more than 30% of the total portfolio may be invested in MTNs. x No more than 5% of the portfolio may be invested in any single issuer. x The maximum maturity does not exceed five (5) years.

12. MUTUAL FUNDS AND MONEY MARKET MUTUAL FUNDS that are registered with the Securities and Exchange Commission under the Investment Company Act of 1940, provided that:
x MUTUAL FUNDS that invest in the securities and obligations as authorized under California Government Code, Section 53601 (a) to (k) and (m) to (q) inclusive and that meet either of the following criteria:
• Attained the highest ranking or the highest letter and numerical rating provided by not less than two (2) NRSROs; or
• Have retained an investment adviser registered or exempt from registration with the Securities and Exchange
Commission with not less than five years’ experience
investing in the securities and obligations authorized by California Government Code, Section 53601 and with assets under management in excess of $500 million.
• No more than 10% of the total portfolio may be invested in shares of any one mutual fund.
x MONEY MARKET MUTUAL FUNDS registered with the Securities and Exchange Commission under the Investment Company Act of 1940 and issued by diversified management companies and meet either of the following criteria:
• Have attained the highest ranking or the highest letter and numerical rating provided by not less than two (2) NRSROs; or
• Have retained an investment adviser registered or exempt from registration with the Securities and Exchange
Commission with not less than five years’ experience
managing money market mutual funds with assets under
management in excess of $500 million.
168
• No more than 20% of the total portfolio may be invested in the shares of any one Money Market Mutual Fund.
• No more than 20% of the total portfolio may be invested in these securities.

XI. PROHIBITED INVESTMENT VEHICLES AND PRACTICES

1. State law notwithstanding, any investments not specifically described herein are prohibited, including, but not limited to futures and options.

2. In accordance with Government Code, Section 53601.6, investment in inverse floaters, range notes, or mortgage derived interest-only strips is prohibited.

3. Investment in any security that could result in a zero-interest accrual if held to maturity is prohibited. Under a provision sunsetting on January 1, 2026, securities backed by the U.S. Government that could result in a zero- or negative-interest accrual if held to maturity are permitted.

4. Trading securities for the sole purpose of speculating on the future direction of interest rates is prohibited.

5. Purchasing or selling securities on the margin is prohibited.

6. The use of reverse repurchases agreements, securities lending or any other form of borrowing or leverage is prohibited.

7. The purchase of foreign currency denominated securities is prohibited.

8. Agencies that are not Qualified Institutional Buyers (QIB) as defined by the Securities and Exchange Commission are prohibited from purchasing Private Placement Securities. The SEC defines a QIB as having at least $100,000,000 in securities owned and invested.

9. The purchase of a security with a forward settlement date exceeding 45 days from the time of the investment is prohibited.

10.Crypto currency.

XII. INVESTMENT POOLS/MUTUAL FUNDS
The City shall conduct a thorough investigation of any pool or mutual fund prior to making an investment, and on a continual basis thereafter. The Treasurer shall develop a questionnaire which will answer the following broad questions:
x A description of eligible investment securities, and a written statement of investment policy and objectives.
x A description of interest calculations and how it is distributed, and how gains and losses are treated.
x A description of how the securities is safeguarded (including the settlement processes), and how often the securities are priced, and the 169
program audited.
x A description of who may invest in the program, how often, and what size deposit and withdrawal are allowed.
x A schedule for receiving statements and portfolio listings. x Are reserves, retained earnings, etc. utilized by the pool/fund? x A fee schedule, and when and how it is assessed.
x Is the pool/fund eligible for bond proceeds and/or will it accept such proceeds?
XIII. COLLATERALIZATION
CERTIFICATES OF DEPOSIT (CDS). The City shall require any commercial bank or savings and loan association to deposit eligible securities with a City of a depository approved by the State Banking Department to secure any uninsured portion of a Non- Negotiable Certificate of Deposit. The value of eligible securities as defined pursuant to California Government Code, Section 53651, pledged against a Certificate of Deposit shall be equal to 150% of the face value of the CD if the securities are classified as mortgages and 110% of the face value of the CD for all other classes of security.

COLLATERALIZATION OF BANK DEPOSITS. This is the process by which a bank or financial institution pledges securities, or other deposits for the purpose of securing repayment of deposited funds. The City shall require any bank or financial institution to comply with the collateralization criteria defined in the California Government Code, Section 53651.

XIV. DELIVERY, SAFEKEEPING AND CUSTODY
DELIVERY-VERSUS-PAYMENT (DVP). All investment transactions shall be conducted on a delivery-versus-payment basis.

SAFEKEEPING AND CUSTODY. To protect against potential losses due to failure of individual securities dealers, and to enhance access to securities, interest payments and maturity proceeds, all cash and securities in the City’s portfolio shall be held in safekeeping in the City’s name by a third-party custodian, acting as agent for the City under the terms of a custody agreement executed by the bank and the City. All investment transactions will require a safekeeping receipt or acknowledgment generated from the trade. A monthly report will be received by the City from the custodian listing all securities held in safekeeping with current market data and other information.

The only exceptions to the foregoing shall be depository accounts and securities purchases made with: (a) local government investment pools; (ii) time certificates of deposit, and (iii) mutual funds and money market mutual funds since these securities are not deliverable.
170
XV. MAXIMUM MATURITY
To the extent possible, investments shall be matched with anticipated cash flow requirements and known future liabilities.

The City will not invest in securities maturing more than five (5) years from the date of trade settlement, unless the City Council has by resolution granted authority to make such an investment.

XVI. RISK MANAGEMENT AND DIVERSIFICATION MITIGATING CREDIT RISK IN

THE PORTFOLIO
Credit risk is the risk that a security or a portfolio will lose some or all its value due to a real or perceived change in the ability of the issuer to repay its debt.

The City will mitigate credit risk by adopting the following strategies:
x The diversification requirements included in the “Authorized Investments” section of this policy are designed to mitigate credit risk in the portfolio.
x No more than 5% of the total portfolio may be deposited with or invested in securities issued by any single issuer unless otherwise specified in this policy.
x The City may elect to sell a security prior to its maturity and record a capital gain or loss in order to manage the quality, liquidity or yield of the portfolio in response to market conditions or the City’s risk preferences.
x If a security owned by the City is downgraded to a level below the requirements of this policy, making the security ineligible for additional purchases, the following steps will be taken:
x Any actions taken related to the downgrade by the investment manager will be communicated to the Treasurer in a timely manner. x If a decision is made to retain the security, the credit situation will be monitored and reported to the City Council.

MITIGATING MARKET RISK IN THE PORTFOLIO
Market risk is the risk that the portfolio value will fluctuate due to changes in the general level of interest rates. The City recognizes that, over time, longerterm portfolios have the potential to achieve higher returns. On the other hand, longer-term portfolios have higher volatility of return. The City will mitigate market risk by providing adequate liquidity for short-term cash needs, and by making longer-term investments only with funds that are not 171
needed for current cash flow purposes.

The City further recognizes that certain types of securities, including variable rate securities, securities with principal paydowns prior to maturity, and securities with embedded options, will affect the market risk profile of the portfolio differently in different interest rate environments. The City, therefore, adopts the following strategies to control and mitigate its exposure to market risk:
x The City will maintain a minimum of six months of budgeted operating expenditures in short-term investments to provide sufficient liquidity for expected disbursements.
x The maximum stated final maturity of individual securities in the portfolio will be five (5) years, except as otherwise stated in this policy. x The duration of the portfolio will generally be approximately equal to the duration (typically, plus or minus 20%) of a Market Benchmark, an index selected by the City based on the City’s investment objectives, constraints, and risk tolerances.

XVII. REVIEW OF INVESTMENT PORTFOLIO
The Treasurer shall periodically, but no less than quarterly, review the portfolio to identify investments that do not comply with this investment policy and establish protocols for reporting major and critical incidences of noncompliance to the City Council.

The City may elect to sell a security prior to its maturity and record a capital gain or loss in order to improve the quality, liquidity or yield of the portfolio in response to market conditions or the City’s risk preferences.

XVIII. PERFORMANCE EVALUATION
The investment portfolio shall be designed to attain a market-average rate of return throughout budgetary and economic cycles, taking into account the City’s risk constraints, the cash flow characteristics of the portfolio, and state and local laws, ordinances or resolutions that restrict investments.

The Treasurer shall monitor and evaluate the portfolio’s performance relative to the chosen market benchmark(s), which will be included in the Treasurer’s quarterly report. The Treasurer shall select an appropriate, readily available index to use as a market benchmark.
172
XIX. REPORTING

MONTHLY REPORTS
Monthly transaction reports will be submitted by the Treasurer to the City Manager and City Council within 30 days of the end of the reporting period in accordance with California Government Code Section 53607.

Additionally, the Treasurer will submit a monthly investment report to the City Manager and the City Council which provides full disclosure of the City’s investment activities within 45 days after the end of the month. These reports will disclose, at a minimum, the following information about the City’s portfolio:
x An asset listing showing par value, cost, and independent third-party fair market value of each security as of the date of the report, the source of the valuation, type of investment, issuer, maturity date and interest rate.
x Transactions for the period.
x A description of the funds, investments, and programs (including lending programs) managed by contracted parties (i.e., LAIF, investment pools, outside money managers and securities lending agents)
x A one-page summary report that shows:
x Average maturity of the portfolio and modified duration of the portfolio.
x Maturity distribution of the portfolio.
x Percentage of the portfolio represented by each investment category. x Average portfolio credit quality; and,
x Time-weighted total rate of return for the portfolio for the prior one month, three months, twelve months and since inception compared to the City’s market benchmark returns for the same periods. x A statement of compliance with investment policy, including a schedule of any transactions or holdings which do not comply with this policy or with the California Government Code, including a justification for their presence in the portfolio and a timetable for resolution. x A statement that the City has adequate funds to meet its cash flow requirements for the next six months. or provide an explanation as to why sufficient money shall, or may, not be available.

ANNUAL REPORTS
An annual comprehensive report will be presented to the Governing Board.

This report will include comparisons of the City’s return to the market 173
benchmark return, suggest policies and improvements that might enhance the investment program, and will include an investment plan for the coming year.

XX. REVIEW OF INVESTMENT POLICY
The investment policy will be reviewed by the Finance Subcommittee and adopted by resolution at least annually within 120 days of the end of the fiscal year, to ensure its consistency with the overall objectives of preservation of principal, liquidity and return, and its relevance to current law and financial and economic trends.

Any recommended modifications or amendments shall be presented by Staff to the City Council for their consideration and adoption. 174

GLOSSARY OF INVESTMENT TERMS
AGENCIES. Shorthand market terminology for any obligation issued by a governmentsponsored entity (GSE), or a federally related institution. Most obligations of GSEs are not guaranteed by the full faith and credit of the US government. Examples are:

FFCB. The Federal Farm Credit Bank System provides credit and liquidity in the agricultural industry. FFCB issues discount notes and bonds.

FHLB. The Federal Home Loan Bank provides credit and liquidity in the housing market.

FHLB issues discount notes and bonds.

FHLMC. Like FHLB, the Federal Home Loan Mortgage Corporation provides credit and liquidity in the housing market. FHLMC, also called “FreddieMac” issues discount notes, bonds, and mortgage pass-through securities.

FNMA. Like FHLB and FreddieMac, the Federal National Mortgage Association was established to provide credit and liquidity in the housing market. FNMA, also known as “FannieMae,” issues discount notes, bonds, and mortgage passthrough securities.

GNMA. The Government National Mortgage Association, known as “GinnieMae,” issues mortgage pass-through securities, which are guaranteed by the full faith and credit of the US Government.

PEFCO. The Private Export Funding Corporation assists exporters. The obligations of PEFCO are not guaranteed by the full faith and credit of the US government.

TVA. The Tennessee Valley Authority provides flood control and power and promotes development in portions of the Tennessee, Ohio, and Mississippi River valleys. TVA currently issues discount notes and bonds.

ANNUAL COMPREHENSIVE FINANCIAL REPORT. The official annual report of the (entity).

It includes five combined statements for each individual fund and account group prepared in conformity with GAAP. It also includes supporting schedules necessary to demonstrate compliance with finance-related legal and contractual provisions, extensive introductory material, and a detailed Statistical Section.

ASSET BACKED SECURITIES. Securities supported by pools of installment loans or leases or by pools of revolving lines of credit.

ASKED. The price at which securities are offered.

AVERAGE LIFE. In mortgage-related investments, including CMOs, the average time to expected receipt of principal payments, weighted by the amount of principal expected.

BANKER’S ACCEPTANCE. A money market instrument created to facilitate international trade transactions. It is highly liquid and safe because the risk of the trade transaction is transferred to the bank which “accepts” the obligation to pay the investor.

BENCHMARK. A comparison security or portfolio. A performance benchmark is a partial market index, which reflects the mix of securities allowed under a specific investment policy.

BROKER. A broker brings buyers and sellers together for a transaction for which the broker receives a commission. A broker does not sell securities from their own position.

CALLABLE. A callable security gives the issuer the option to call it from the investor prior to its maturity. The main cause of the call is a decline in interest rates. If interest rates decline, the issuer will likely call its current securities and reissue them at a lower rate of interest.
175
CERTIFICATE OF DEPOSIT (CD). A time deposit with a specific maturity evidenced by a certificate. CERTIFICATE OF DEPOSIT ACCOUNT REGISTRY SYSTEM (CDARS). A private placement service that allows local agencies to purchase more than $250,000 in CDs from a single financial institution (must be a participating institution of CDARS) while still maintaining FDIC insurance coverage. CDARS is currently the only entity providing this service. CDARS facilitates the trading of deposits between the California institution and other participating institutions in amounts that are less than $250,000 each, so that FDIC coverage is maintained.

COLLATERAL. Securities or cash pledged by a borrower to secure repayment of a loan or repurchase agreement. Also, securities pledged by a financial institution to secure deposits of public monies.

COLLATERALIZED BANK DEPOSIT. A bank deposit that is collateralized at least 100% (principal plus interest to maturity). The deposit is collateralized using assets set aside by the issuer such as Treasury securities or other qualified collateral to secure the deposit in excess of the limit covered by the Federal Deposit Insurance Corporation.

COLLATERALIZED MORTGAGE OBLIGATIONS (CMO). Classes of bonds that redistribute the cash flows of mortgage securities (and whole loans) to create securities that have various levels of prepayment risk, as compared to the underlying mortgage securities.

COLLATERALIZED TIME DEPOSIT. Time deposits that are collateralized at least 100% (principal plus interest to maturity). These instruments are collateralized using assets set aside by the issuer such as Treasury securities or other qualified collateral to secure the deposit in excess of the limit covered by the Federal Deposit Insurance Corporation.

COMMERCIAL PAPER. The short-term unsecured debt of corporations.

COUPON. The rate of return at which interest is paid on a bond.

CREDIT RISK. The risk that principal and/or interest on an investment will not be paid in a timely manner due to changes in the condition of the issuer.

DEALER. A dealer acts as a principal in security transactions, selling securities from and buying securities for their own position.

DEBENTURE. A bond secured only by the general credit of the issuer.

DELIVERY VS. PAYMENT (DVP). A securities industry procedure whereby payment for a security must be made at the time the security is delivered to the purchaser’s agent.

DERIVATIVE. Any security that has principal and/or interest payments which are subject to uncertainty (but not for reasons of default or credit risk) as to timing and/or amount, or any security which represents a component of another security which has been separated from other components (“Stripped” coupons and principal). A derivative is also defined as a financial instrument the value of which is totally or partially derived from the value of another instrument, interest rate, or index.

DISCOUNT. The difference between the par value of a bond and the cost of the bond, when the cost is below par. Some short-term securities, such as T-bills and banker’s acceptances, are known as discount securities. They sell at a discount from par and return the par value to the investor at maturity without additional interest. Other securities, which have fixed coupons, trade at a discount when the coupon rate is lower than the current market rate for securities of that maturity and/or quality.

DISCOUNT SECURITIES: Non-interest-bearing money market instruments that are issued a discount and redeemed at maturity for full face value (e.g., U.S. Treasury Bills.) DIVERSIFICATION. Dividing investment funds among a variety of investments to avoid 176
excessive exposure to any one source of risk.

DURATION. The weighted average time to maturity of a bond where the weights are the present values of the future cash flows. Duration measures the price sensitivity of a security to changes interest rates.

FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC). The Federal Deposit Insurance Corporation (FDIC) is an independent federal agency insuring deposits in U.S. banks and thrifts in the event of bank failures. The FDIC was created in 1933 to maintain public confidence and encourage stability in the financial system through the promotion of sound banking practices.

FEDERALLY INSURED TIME DEPOSIT. A time deposit is an interest-bearing bank deposit account that has a specified date of maturity, such as a certificate of deposit (CD).

These deposits are limited to funds insured in accordance with FDIC insurance deposit limits.

FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC): A federal agency that insures bank deposits, currently up to $250,000 per depositor per insured bank.

LEVERAGE. Borrowing funds in order to invest in securities that have the potential to pay earnings at a rate higher than the cost of borrowing.

LIQUIDITY. The speed and ease with which an asset can be converted to cash.

LOCAL CITY INVESTMENT FUND (LAIF). A voluntary investment fund opens to government entities and certain non-profit organizations in California that is managed by the State Treasurer’s Office.

LOCAL GOVERNMENT INVESTMENT POOL. Investment pools that range from the State Treasurer’s Office Local City Investment Fund (LAIF) to county pools, to Joint Powers Authorities (JPAs). These funds are not subject to the same SEC rules applicable to money market mutual funds.

MAKE WHOLE CALL. A type of call provision on a bond that allows the issuer to pay off the remaining debt early. Unlike a call option, with a make whole call provision, the issuer makes a lump sum payment that equals the net present value (NPV) of future coupon payments that will not be paid because of the call. With this type of call, an investor is compensated, or "made whole."
MARGIN. The difference between the market value of a security and the loan a broker makes using that security as collateral.

MARKET RISK. The risk that the value of securities will fluctuate with changes in overall market conditions or interest rates.

MARKET VALUE. The price at which a security can be traded.

MATURITY. The final date upon which the principal of a security becomes due and payable.

The investment’s term or remaining maturity is measured from the settlement date to final maturity.

MEDIUM TERM NOTES. Unsecured, investment-grade senior debt securities of major corporations which are sold in relatively lesser amounts on either a continuous or an intermittent basis. MTNs are highly flexible debt instruments that can be structured to respond to market opportunities or to investor preferences.

MODIFIED DURATION. The percent change in price for a 100-basis point change in yields.

Modified duration is the best single measure of a portfolio or security’s exposure to market risk.

MONEY MARKET. The market in which short-term debt instruments (T-bills, discount notes, commercial paper, and banker’s acceptances) are issued and traded.

MONEY MARKET MUTUAL FUND. A mutual fund that invests exclusively in short-term securities. Examples of investments in money market funds are certificates of deposit and U.S. Treasury securities. Money market funds attempt to keep their net asset 177
values at $1 per share.

MORTGAGE PASS-THROUGH SECURITIES. A securitized participation in the interest and principal cash flows from a specified pool of mortgages. Principal and interest payments made on the mortgages are passed through to the holder of the security.

MUNICIPAL SECURITIES. Securities issued by state and local agencies to finance capital and operating expenses.

MUTUAL FUND. An entity which pools the funds of investors and invests those funds in a set of securities which is specifically defined in the fund’s prospectus. Mutual funds can be invested in several types of domestic and/or international stocks, bonds, and money market instruments, as set forth in the individual fund’s prospectus. For most large, institutional investors, the costs associated with investing in mutual funds are higher than the investor can obtain through an individually managed portfolio.

NATIONALLY RECOGNIZED STATISTICAL RATING ORGANIZATION (NRSRO). A credit rating City that the Securities and Exchange Commission in the United States uses for regulatory purposes. Credit rating agencies provide assessments of an investment's risk. The issuers of investments, especially debt securities, pay credit rating agencies to provide them with ratings. The three most prominent NRSROs are Fitch, S&P, and Moody's.

NEGOTIABLE CERTIFICATE OF DEPOSIT (CD). A short-term debt instrument that pays interest and is issued by a bank, savings or federal association, state or federal credit union, or state- licensed branch of a foreign bank. Negotiable CDs are traded in a secondary market.

PRIMARY DEALER. A financial institution (1) that is a trading counterparty with the Federal Reserve in its execution of market operations to conduct U.S. monetary policy, and (2) that participates for statistical reporting purposes in compiling data on activity in the U.S. Government securities market.

PRUDENT PERSON (PRUDENT INVESTOR) RULE. A standard of responsibility which applies to fiduciaries. In California, the rule is stated as “Investments shall be managed with the care, skill, prudence and diligence, under the circumstances then prevailing, that a prudent person, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of like character and with like aims to accomplish similar purposes.”
REPURCHASE AGREEMENT. Short-term purchases of securities with a simultaneous agreement to sell the securities back at a higher price. From the seller’s point of view, the same transaction is a reverse repurchase agreement.

SAFEKEEPING. A service to bank customers whereby securities are held by the bank in the customer’s name.

SECURITIES AND EXCHANGE COMMISSION (SEC). The U.S. Securities and Exchange Commission (SEC) is an independent federal government City responsible for protecting investors, maintaining fair and orderly functioning of securities markets, and facilitating capital formation. It was created by Congress in 1934 as the first federal regulator of securities markets. The SEC promotes full public disclosure, protects investors against fraudulent and manipulative practices in the market, and monitors corporate takeover actions in the United States.

SECURITIES AND EXCHANGE COMMISSION SEC) RULE 15C3-1. An SEC rule setting capital requirement for brokers and dealers. Under Rule 15c3-1, a broker or dealer must have sufficient liquidity in order to cover the most pressing obligations. This is defined as having a certain amount of liquidity as a percentage of the broker/dealer's total obligations. If the percentage falls below a certain point, the broker or dealer may not be allowed to take on new clients and may have restrictions placed on 178
dealings with the current client.

STRUCTURED NOTE. A complex, fixed income instrument, which pays interest, based on a formula tied to other interest rates, commodities, or indices. Examples include inverse floating rate notes which have coupons that increase when other interest rates are falling, and which fall when other interest rates are rising, and "dual index floaters," which pay interest based on the relationship between two other interest rates - for example, the yield on the ten- year Treasury note minus the Libor rate.

Issuers of such notes lock in a reduced cost of borrowing by purchasing interest rate swap agreements.

SUPRANATIONAL. A Supranational is a multi-national organization whereby member states transcend national boundaries or interests to share in the decision making to promote economic development in the member countries.

TOTAL RATE OF RETURN. A measure of a portfolio’s performance over time. It is the internal rate of return, which equates the beginning value of the portfolio with the ending value; it includes interest earnings, realized and unrealized gains, and losses in the portfolio.

U.S. TREASURY OBLIGATIONS. Securities issued by the U.S. Treasury and backed by the full faith and credit of the United States. Treasuries are considered to have no credit risk and are the benchmark for interest rates on all other securities in the US and overseas. The Treasury issues both discounted securities and fixed coupon notes and bonds.

TREASURY BILLS. All securities issued with initial maturities of one year or less are issued as discounted instruments and are called Treasury bills. The Treasury currently issues three- and six-month T-bills at regular weekly auctions. It also issues “cash management” bills as needed to smooth out cash flows.

TREASURY NOTES. All securities issued with initial maturities of two to ten years are called Treasury notes and pay interest semi-annually.

TREASURY BONDS. All securities issued with initial maturities greater than ten years are called Treasury bonds. Like Treasury notes, they pay interest semi-annually.

YIELD TO MATURITY. The annualized internal rate of return on an investment which equates the expected cash flows from the investment to its cost. 179

CITY OF AGOURA HILLS

OFFICER/EMPLOYEE/OFFICIAL RESPONSIBILITY AND FRAUD PREVENTION POLICY AND PROTOCOL

1. PURPOSE
The City of Agoura Hills is committed to protecting its revenue, property, information, and other assets from any attempt, either by members of the public, contractors, vendors, agents, or its own employees, to gain financial or other benefits by deceit. It is also designed to protect its staff from false allegations.

This Policy and Protocol addresses specific guidelines and responsibilities regarding appropriate actions for detecting, reporting, and investigating fraud or other similar irregularities.

2. APPLICABILITY
This Policy and Protocol applies to Councilmembers, all employees of the City of Agoura Hills, and to employees of local boards, agencies, and commissions over which Council has authority to require general procedures to be followed.

3. POLICY
The City of Agoura Hills will identify and promptly investigate any possibility of fraudulent or related dishonest activities against the City of Agoura Hills and, when appropriate, pursue legal remedies available under the law.

The City of Agoura Hills will take appropriate disciplinary and legal actions against employees and/or entities, to include the possibility of termination of employment or contract, restitution, and forwarding information to the appropriate authorities for criminal prosecution, as appropriate.

This Policy and Protocol will attempt to clarify acts that are considered to be fraudulent, and describe the steps to be taken when fraud or other related irregularities are suspected or have occurred. This statement also includes the procedures to follow in accounting for missing funds, restitution, and recoveries. 180

4. DEFINITION
Fraud: For the purposes of this Policy and Protocol, fraud encompasses any array of irregularities and illegal acts characterized by intentional deception. Dishonest or fraudulent activities include, but are not limited to, the following:
 Forgery or alteration of documents (checks, promissory notes, time sheets, independent contractor agreements, purchase orders, etc.)  Intentional misrepresentation of information by an individual  Intentional misrepresentation of information on documents  Misappropriation of funds, securities, supplies, or any other asset  Unauthorized use, disappearance, or destruction of City property, equipment, materials or records
 Improprieties in the handling or reporting of money transactions  Authorization or receipt of payments for goods not received or services not performed
 Authorization or receipt of payment for hours not worked  Any claim for reimbursement of expenses that are not made for the exclusive benefit of the City
 Any apparent violation of Federal, State, or local laws related to dishonest activities or fraud
 Any similar or related activity

5. MANAGEMENT RESPONSIBILITY
Each department head is responsible for instituting and maintaining a system of internal control to provide reasonable assurance for the prevention and detection of fraud, misappropriations, and other irregularities.

Management should be familiar with the types of improprieties that might occur in their area and be alert to any indication that improper activity, misappropriation, or dishonest activity is or was in existence in his or her operational area.

Upon notification from an employee of suspected fraud, or if management has reason to suspect that a fraud has occurred, he/she will contact their immediate supervisor and the department head. The department head will contact the Assistant City Manager. If 181
the Assistant City Manager position does not exist, the City Manager will designate an alternate position. If the Assistant City Manager is suspected of fraud, the employee should contact the City Manager, and the City Manager will conduct the investigation.

If the City Manager is suspected of fraud, the City Attorney on behalf of the City Council, will conduct the investigation. If a City Councilmember is suspected, the City Manager will conduct the investigation. The department head will also immediately contact the Sheriff’s Department if he/she feels the situation warrants such action (for example, obvious theft has taken place, security is at risk, or immediate recovery is possible). After informing the Assistant City Manager of the matter, management will not attempt to conduct individual investigations, interviews, or interrogations.

Management will support and co-operate with the Assistant City Manager, other involved departments, and law enforcement agencies in the detection, reporting, and investigation of criminal acts, including prosecution of offenders.

The Assistant City Manager will have full and unrestricted access to all necessary City records and personnel. Upon completion of the investigation, including all legal and personnel actions, any records, documents, and other evidentiary material will be returned by the Assistant City Manager to the appropriate department(s).

All furniture and contents, including employee desks and computers, are open to inspection when there is a reasonable suspicion of a dishonest or fraudulent activity, which makes such inspection appropriate. There is no assumption of privacy in such cases. Every effort will be made to effectively recover any of the City’s losses.

Great care must be taken in dealing with suspected dishonest or fraudulent activities to avoid the following:
 Incorrect accusations;
 Alerting suspected individuals/companies that an investigation is underway;  Treating employees/third parties unfairly; or
 Making statements that could lead to claims of false accusations or other offenses.

Employees who knowingly or negligently make false accusations may be subject to disciplinary action.

All participants in a fraud investigation will keep the details and results of the investigation confidential. However, the Assistant City Manager, in consultation with City Attorney, may disclose particulars of the investigation with potential witnesses/personnel if such disclosure would further the investigation. 182
Responsibilities of the manager in handling dishonest or fraudulent activities include the following:
 Do not contact the suspected individual to determine facts or demand restitution.  Do not discuss the case, facts, suspicions, or allegations with anyone outside the City, unless specifically directed to do so by the Assistant City Manager or City Attorney.  Do not discuss the case with anyone inside the City other than employees who have a need to know, such as the Assistant City Manager.
 Direct all inquiries from the suspected individual/company or his/her/its representative/attorney to the City Manager.
 Direct all inquiries from the media to the City Manager’s Office. A proper response to such an inquiry might be, “I’m not at liberty to discuss this matter. Let me refer you to the City Manager’s Office”. The City Manager’s Office will determine the appropriate media messages and identify an appropriate City spokesperson, as required.
 Take appropriate corrective and disciplinary action after consulting with the City Manager.

6. EMPLOYEE RESPONSIBILITIES
When suspected fraudulent incidents or practices are observed by, or made known to, an employee, the following will be done:
 The incident or practice must be reported to his/her supervisor for reporting to the proper management official. When the employee believes the supervisor may be involved in the inappropriate activity, the employee will make the report directly to a higher level of management and/or the Sheriff’s Department.  The reporting employee will refrain from further investigation of the incident, confrontation with the alleged violator, or further discussion of the incident with anyone other than his/her supervisor, the Assistant City Manager/City Manager, and/or law enforcement personnel.

7. INVESTIGATION
183
The Assistant City Manager will carry out an initial review. If the Assistant City Manager is suspected of fraud, the City Manager will conduct the initial review. After this review is completed, a determination of whether the suspected fraud warrants additional investigation by the Assistant City Manager will be made. As warranted, the Assistant City Manager will inform Risk Management of a pending investigation.

A prompt investigation will be conducted to include detailed analyses of available records. The audit investigation requires the full co-operation of the departmental personnel. The Assistant City Manager will proceed as follows, if evidence is uncovered showing possible dishonest or fraudulent activities:
 The Assistant City Manager will discuss the findings and recommendations for prevention of future similar occurrences with management and appropriate administrators. Management is responsible for taking appropriate corrective actions to ensure adequate controls exist to prevent reoccurrence of improper actions.  The Assistant City Manager will meet with Human Resources to determine if disciplinary actions should be taken.
 The Assistant City Manager will notify the City Manager.  The Assistant City Manager will notify the Finance Committee as appropriate.  If illegal activity appears to have occurred, the Assistant City Manager, in consultation with the City Attorney, will report the findings to the Sheriff’s Department.  The Assistant City Manager will contact Risk Management to coordinate the notification of insurers and the filing of insurance claims.  The Assistant City Manager will report to the external auditors of the City all information relating to investigations of actual frauds.  The Assistant City Manager may assign the investigation to another qualified individual (employee or non-employee). If the Assistant City Manager conducts the investigation, he or she normally will not serve in the human resources function or serve as the disciplinary authority. These functions will be assigned to or retained by others. Depending on the circumstances of the particular case, the Assistant City Manager may delegate the risk management function and reporting to external auditors to other employees. Where the Assistant City Manager assigns or delegates a function, the assignment or delegation will be documented in writing.

The Assistant City Manager is available and receptive to receiving relevant information on a confidential basis to the extent allowed by law. Individuals have the right to contact the Assistant City Manager directly whenever a dishonest or fraudulent activity is suspected.
184

8. RELATED POLICIES
This Policy and Protocol is designed to augment any other corporate policies containing related information. It does not replace or preclude them. To the extent that this Policy and Protocol may conflict with any other corporate policies containing related information, this Policy and Protocol will take precedence to the extent only of such conflict.

9. COMPLIANCE
Failure of staff to comply with this Fraud Policy and Protocol could result in disciplinary action.
185

CITY OF AGOURA HILLS

BALANCED BUDGET POLICY

PURPOSE
This policy establishes the definition of a balanced budget for the City.

POLICY
The City will maintain a balanced budget. This means that:

1. The City’s operating budget is the General Fund budget.

2. Operating revenues must fully cover operating expenditures, including debt service.

3. Under this policy, it is allowable for total expenditures to exceed revenues in a given year: however, in this situation, beginning fund balance can only be used to fund capital improvement plan projects, or other “one-time”, non-recurring expenditures.

4. Ending fund balance must meet the minimum policy levels as defined by Council Resolution.
186

CITY OF AGOURA HILLS

LOCAL DEBT POLICY
A. PURPOSE
The purpose of this Local Debt Policy (this “Policy”) is to establish guidelines and parameters for the effective governance, management and administration of debt and other financing obligations issued by the City and its related entities (such as the Agoura Hills Public Financing Authority or the Successor Agency to the City of Agoura Hills Redevelopment Agency).

As used in this Policy, “City” shall mean the City and/or the City and its related entities, as the context may require. As used in this Policy, “debt” shall be interpreted broadly to mean bonds, notes, certificates of participation, financing leases, or other financing obligations, but the use of such term in this Policy shall be solely for convenience and shall not be interpreted to characterize any such obligation as an indebtedness or debt within the meaning of any statutory or constitutional debt limitation where the substance and terms of the obligation fall within exceptions to such legal limitation.

B. BACKGROUND
The City and its related entities are committed to fiscal sustainability by employing long-term financial planning efforts, maintaining appropriate reserves levels and employing prudent practices in governance, management, budget administration and financial reporting.

Debt levels and their related annual costs are important long-term obligations that must be managed within available resources. A disciplined thoughtful approach to debt management includes policies that provide guidelines for the City and its related entities to manage their collective debt program in line with those resources.

Therefore, the objective of this policy is to provide written guidelines and restrictions concerning the amount and type of debt and other financing obligations issued by the City and its related entities and the ongoing management of the debt portfolio.

This Policy is intended to improve the quality of decisions, assist with the determination of the structure of debt issuance, identify policy goals, and demonstrate a commitment to long-term financial planning, including a multi-year capital plan.

Adherence to a local debt policy signals to rating agencies and the capital markets that a government is well managed and should meet its obligations in a timely manner.
187
C. CONDITIONS AND PURPOSES OF DEBT ISSUANCE

1. Acceptable Conditions for the Use of Debt
The City believes that prudent amounts of debt can be an equitable and cost-effective means of financing major infrastructure and capital asset and project needs of the City.

Debt will be considered to finance such projects if:
a) The capital asset or project has been, or will be, included in the City’s capital improvement plan or has otherwise been coordinated with the City’s planning goals and objectives.
b) The capital asset or project can be financed with debt not exceeding the term specified in Section E.1. of this Policy, to assure that long-term debt is not issued to finance projects with a short useful life.
c) It is the most cost-effective funding means available to the City, taking into account cash flow needs and other funding alternatives. d) It is fiscally prudent and meets the guidelines of this Policy. Any consideration of debt financing shall consider financial alternatives, including pay-as-you-go funding, proceeds derived from development or redevelopment of existing land and capital assets owned by the City, and use of existing or future cash reserves, or combinations thereof.

2. Acceptable Uses of Debt and Proceeds of Debt
The primary purpose of debt is to finance one of the following:
a) The City will consider financing for the acquisition, substantial refurbishment, replacement, or expansion of capital assets, including land improvements, for the following purposes:
i. Acquisition and or improvement of land, right-of-way or long-term easements.
ii. Acquisition of a capital asset with a useful life of 3 or more years. iii. Construction or reconstruction of a facility.
iv. Although not the primary purpose of the financing effort, project reimbursables that include project planning design, engineering and other preconstruction efforts; project-associated furniture fixtures and equipment; capitalized interest, original issue discount, underwriter’s discount, and other costs of issuance.
b) Refunding, refinancing, or restructuring debt (including without limitation the refinancing or advance funding of City pension obligations), subject to refunding objectives and parameters discussed in Section G.
188
c) In the event of temporary shortfalls in cash flow for City operation costs due to timing of receipt of revenues and the lack of cash on hand to cover the temporary deficit, the City may consider interim or cash flow financing, such as anticipation notes.

In compliance with applicable state law, any such notes shall be payable either (i) not later than the last day of the fiscal year in which it is issued, or (ii) during the fiscal year succeeding the fiscal year in which issued, but in no event later than 15 months after the date of issue, and only if such note is payable only from revenue received or accrued during the fiscal year in which it was issued.

2. Prohibited Uses of Debt and Proceeds of Debt
Prohibited uses of debt include the following:
a) Financing of operating costs, except for anticipation notes satisfying the criteria set forth in Section C.2.c.
b) Debt issuance used to address budgetary deficits, except for funding temporary shortfall as provided in Section C.2.c.
c) Debt issued for which the term of the debt exceeds the term specified in Section E.1. of this Policy.

3. Internal Control Procedures Concerning Use of Proceeds of Debt One of the City’s priorities in the management of debt is to assure that the proceeds of the debt will be directed to the intended use for which the debt has been issued. In furtherance of this priority, the following procedures shall apply:
a) The Director of Finance shall retain, for the applicable period specified in Section H.4. of this Policy, a copy of each annual report filed with the California Debt and Investment Advisory Commission (CDIAC) pursuant to Section 8855(k) of the California Government Code concerning (1) debt authorized during the applicable reporting period (whether issued or not), (2) debt outstanding during the reporting period, and (3) the use during the reporting period of proceeds of issued debt. b) In connection with the preparation of each annual report to be filed with CDIAC pursuant to Section 8855(k) of the California Government Code, the Director of Finance or the designee of the Director of Finance shall keep a record of the original intended use for which the debt has been issued, and indicate whether the proceeds spent during the applicable one-year reporting period for such annual report comport with the intended use (at the time of original issuance or as modified pursuant to the following sentence). If a change in intended use has been authorized subsequent to the original issuance of the debt, the Director of Finance or the designee of the Director of Finance shall indicate in the record when the change in use was authorized and whether the City Council, City Manager, or another City official has authorized the change in intended use. The Director of Finance shall report apparent deviations from the intended use in debt proceeds to the City Manager for further discussion, and if 189
the City Manager determines appropriate in consultation with legal counsel (which may be bond counsel, if applicable, or the City Attorney), to the City Council. c) If the debt has been issued to finance a capital project and the project timeline or scope of project has changed in a way that all or a portion of the debt proceeds cannot be expended on the original project, the Director of Finance shall consult with the City Manager and legal counsel (which may be bond counsel, if applicable, or the City Attorney) as to available alternatives for the expenditure of the remaining debt proceeds (including prepayment of the debt). After such consultation, the Director of Finance shall seek the direction of the City Council as to an alternative for the expenditure or use of such remaining debt proceeds.

D. TYPES OF FINANCING INSTRUMENTS; AFFORDABILITY AND PLANNING

POLICIES
The City recognizes that there are numerous types of financing structures and funding sources available, each with specific benefits, risks, and costs. All potential funding sources are reviewed by management within the context of this Policy and the overall portfolio to ensure that any financial product or structure is consistent with the City’s objectives. Regardless of what financing structure(s) is utilized, due diligence review must be performed for each transaction, including the quantification of potential risks and benefits, and analysis of the impact on City creditworthiness and debt affordability and capacity.

Prior to the issuance of debt or other financing obligations to finance a project, the City will carefully consider the overall long-term affordability of the proposed debt issuance. The City shall not assume more debt or other financing obligations without conducting an objective analysis of the City’s ability to assume and support additional debt service payments. The City will consider its long-term revenue and expenditure trends, the impact on operational flexibility and the overall debt burden on the taxpayers. The evaluation process shall include a review of generally accepted measures of affordability and will strive to achieve and or maintain debt levels consistent with its current operating and capital needs.

1. General Fund-Supported Debt – General Fund Supported Debt generally include Certificates of Participation (COPs) and Lease Revenue Bonds (LRBs) that are lease obligations that are secured by a lease-back arrangement between the City and another public entity. The general operating revenues of the City pay the lease payments, which are, in turn, used and typically pledged to pay debt service on the bonds or Certificates of Participation.
190
General Fund Supported Debt may also include bonds issued to refund obligations imposed by law, such as judgments (judgment obligation bonds (JOBs)) or unfunded accrued actuarial liabilities for pension plans (pension obligation bonds (POBs)).

Without limiting the foregoing, the City also may enter into operating leases and lease-purchase agreements for equipment or other capital assets meeting the criteria of this Policy on an as-needed basis.

Payments to be made under valid leases are payable only in the year in which use and occupancy of the leased property is available, and lease payments may not be accelerated as a default remedy. Lease financing requires the fair market rental value of the leased property to be equal to or greater than the required debt service or lease payment schedule. The lessee (City) is obligated to include in its Annual Budget and appropriate the rental payments that are due and payable during each fiscal year the lessee has use of the leased property.

These obligations do not constitute indebtedness under the state constitutional debt limitation and, therefore, are not subject to voter approval.

The City should strive to maintain its net General Fund-backed annual debt service at or less than 10% of General Fund annually budgeted revenue; and in no case should they exceed 15%. Future direct debt will not exceed 2% of assessed valuation. This ratio is defined as the City’s annual debt service requirements on General Fund Supported Debt (including, but not limited to, COPs, LRBs, JOBs, and POBs) compared to total annual General Fund Revenues net of interfund transfers.

2. Revenue Bonds – Long-term obligations payable solely from specific special fund sources, in general, are not subject to a debt limitation. Examples of such longterm obligations include those which are payable from a special fund consisting of restricted revenues or user fees (Enterprise Revenues) and revenues derived from the system of which the project being funded is a part.

In determining the affordability of proposed revenue bonds, the City will perform an analysis comparing projected annual net revenues (exclusive of depreciation which is a non-cash related expense) to estimated annual debt service. The City should strive to maintain an annual coverage ratio of 110% (or such higher coverage ratio included in the City’s existing financing documents), using historical and/or projected net revenues to cover annual debt service for bonds. To the extent necessary, the City shall undertake proceedings for a rate increase to cover both operations and debt service costs, and create debt service reserve funds to maintain the required coverage ratio.

3. Special Districts Financing – The City’s special districts primarily consist of Community Facilities Districts (CFDs) and 1913/1915 Act Assessment Districts 191
(Assessment Districts). The City will consider requests for special district formation and debt issuance when such requests address a public need or provide a public benefit. Each application will be considered on a case by case basis, and the Finance Department may not recommend a financing if it is determined that the financing could be detrimental to the debt position or the best interests of the City.

4. General Obligation Bonds – Notwithstanding their name, General Obligation Bonds are not general obligations of the City, but instead they are payable from and secured by a dedicated, voter-approved property tax override rate (i.e., a property tax in excess of the 1% basic ad valorem property tax rate which has received the approving two-thirds vote of the City’s electorate). While the dedicated revenue stream to repay the debt makes General Obligation Bonds an attractive option, additional considerations for this financing mechanism include the time and expense of an election, the possibility that the electorate will not approve the ballot measure, and the legal bonding capacity limit (for general law cities, 3.75% of the assessed value of all taxable property within the City).

5. Tax Increment Financing – Tax Increment Financing is payable from and secured bya financing method whereby a portion of ad valorem property taxes (commonly called “tax increment”) is allocated to a successor agency to redevelopment agency (Successor Agency), an enhanced infrastructure financing district (EIFD), a community revitalization and investment authority (CRIA), or an infrastructure and revitalization financing district (IRFD), and the entity is permitted to incur debt payable from and secured by the tax increment revenues. While tax increment debt for redevelopment agencies and Successor Agencies is entitled to the benefits of Article XVI, Section 16, of the California Constitution, no similar provision exists for EIFDs, CRIAs or IRFDs at the time of adoption of this Policy. Therefore, when considering EIFD CRIA or IRFD financing, or other types of tax increment financing that may be permitted by law in the future, debt limit concerns should be analyzed with respect to the proposed structure and taken into account in determining the practical viability of the proposed financing.

6. Conduit Debt – Conduit financing provides for the issuance of securities by a government agency to finance a project of a third party, such as a non-profit organization or other private entity. The City may sponsor conduit financings for those activities that have a general public purpose and are consistent with the City’s overall service and policy objectives. Unless a compelling public policy rationale exists, such conduit financings will not in any way pledge the City’s faith and credit.

E. STRUCTURE OF DEBT
192

1. Term of Debt –The term of a bond issue is not-to-exceed the economic life of the facilities or projects to be financed, unless specific circumstances exist that would mitigate the extension of time to repay the debt and it would not cause the City to violate any covenants to maintain the tax-exempt status of such debt, if applicable.

2. Rapidity of Debt Payment; Level Payment – To the extent practical, bonds will be amortized on a level repayment basis, and revenue bonds will be amortized on a level repayment basis considering the forecasted available pledged revenues to achieve the lowest rates possible. Bond repayments should not increase on an annual basis in excess of 2% without a dedicated and supporting revenue funding stream.

Accelerated repayment schedules reduce debt burden faster and reduce total borrowing costs. The Finance Department will amortize debt through the most financially advantageous debt structure and to the extent possible, match the City’s projected cash flow to the anticipated debt service payments. “Backloading” of debt service will be considered only when one or more of the following occur:
a) Natural disasters or extraordinary or unanticipated external factors make payments on the debt in early years prohibitive.
b) The benefits derived from the debt issuance can clearly be demonstrated to be greater in the future than in the present.
c) Such structuring is beneficial to the City’s aggregate overall debt payment schedule or achieves measurable interest savings.
d) Such structuring will allow debt service to more closely match projected revenues, whether due to lower project revenues during the early years of the project’s operation, inflation escalators in the enterprise user rates, or other quantifiable reasons.

3. Serial Bonds, Term Bonds, and Capital Appreciation Bonds – For each issuance, the City will select serial bonds or term bonds, or both. On the occasions where circumstances warrant, Capital Appreciation Bonds (CABs) may be used. The decision to use term, serial, or CAB bonds is driven based on market conditions.

4. Reserve Funds – To the extent a reserve fund provides an economic benefit that offsets the cost of funding the reserve fund, as determined by the Director of Finance in consultation with the City’s municipal advisor and, if applicable, the underwriter for the bonds, the City may fund a reserve fund for the proposed bonds (in cash or through the purchase of a debt service reserve surety bond or insurance policy), up to the maximum amount permitted by applicable law or regulation. Typically, this amount is equal to the least of (i) maximum annual debt service on the bonds, (ii) 10% of the principal amount of the bonds (or 10% of the sale proceeds of the bonds, within the meaning of Section 148 of the federal Internal Revenue Code), or (iii) 125% of average annual debt service on the bonds.
193
F. USE OF ALTERNATIVE DEBT INSTRUMENTS
Alternative debt instruments and financing structures sometimes can provide a lower cost of borrowing in the short run, but may involve greater medium-term or long-term risk. Due diligence review must be performed for each transaction, including the quantification of potential risks and benefits, analysis of the impact on City creditworthiness and debt affordability and capacity, and an evaluation of the ability of the City to withstand the medium-term or long-term risk attendant to alternative debt instruments, including the feasibility of exit strategies.

1. Variable Rate Debt
Variable rate debt affords the City the potential to achieve a lower cost debt depending on market conditions. However, the City will seek to limit the use of variable-rate debt due to the potential risks of such instruments. a) Purpose
The City shall consider the use of variable rate debt for the purposes of:
i. Reducing the costs of debt issues.
ii. Increasing flexibility for accelerating principal repayment and amortization.
iii. Enhancing the management of assets and liabilities (matching short-term “priced debt” with the City’s short-term investments).
b) Considerations and Limitations on Variable-Rate Debt The City may consider the use of all alternative structures and modes of variable rate debt to the extent permissible under State law and will make determinations among different types of modes of variable rate debt based on cost, benefit, and risk factors.

The Director of Finance shall consider the following factors in considering whether to utilize variable rate debt:
i. Any variable rate debt should not exceed 20% of total City General Fund supported debt.
ii. Any variable rate debt should be fully hedged by expected future capital fund reserves or unrestricted General Fund reserve levels. iii. Whether interest cost and market conditions (including the shape of the yield curves and relative value considerations) are unfavorable for issuing fixed rate debt.
iv. The likelihood of projected debt service savings when comparing the cost of fixed rate bonds.
v. Costs, implementation and administration are quantified and considered.
194
vi. Cost and availability of liquidity facilities (lines of credit necessary for variable rate debt obligations and commercial paper in the event that the bonds are not successfully remarketed) are quantified and considered. vii. Whether the ability to convert debt to another mode (daily, monthly, fixed) or redeem at par at any time is permitted.
viii. Cost and availability of derivative products to hedge interest rate risk. ix. The findings of a thorough risk management assessment. c) Risk Management
Any issuance of variable rate debt shall require a rigorous risk assessment, including, but not limited to factors discussed in this section. Variable rate debt subjects the City to additional financial risks (relative to fixed rate bonds), including interest rate risk, tax risk, and certain risks related to providing liquidity for certain types of variable rate debt.

The City will properly manage the risks as follows:
i. Interest Rate Risk and Tax Risk – The risk that market interest rates increase on variable-rate debt because of market conditions, changes in taxation of municipal bond interest, or reductions in tax rates. Mitigation – Limit total variable rate exposure per the defined limits, match the variable rate liabilities with short term assets, and/or purchase appropriate derivative products to hedge against the risk (see also Section F.2 below).
ii. Liquidity/Remarketing Risk – The risk that holders of variable rate bonds exercise their “put” option, tender their bonds, and the bonds cannot be remarketed requiring the bond liquidity facility provider to repurchase the bonds. This will result in the City paying a higher rate of interest to the facility provider and the potential rapid amortization of the repurchased bonds. Mitigation - Limit total direct variablerate exposure. Seek liquidity facilities which allow for longer (5-10 years) amortization of any draws on the facility. Endeavor to secure credit support facilities that result in bond ratings of the highest short-term ratings and long-term ratings not less than AA.

If the City’s bonds are downgraded below these levels (or such other rating levels as provided in the applicable financing documents) as a result of the facility provider’s ratings, a replacement provider shall be sought.
iii. Liquidity/Rollover Risk – The risk that arises due to the shorter term of most liquidity provider agreements (1-5 years) relative to the longer-term amortization schedule of the City’s variable-rate bonds. Liquidity and rollover risk includes the following risks: (1) the City may incur higher renewal fees when renewal agreements are negotiated, and (2) the liquidity bank market may constrict such that it is difficult to secure third party liquidity at any interest rate. Mitigation – Negotiate longer terms on provider contracts to minimize the number of rollovers.

G. REFUNDING GUIDELINES
195
The Director of Finance shall monitor at least annually all outstanding City debt obligations for potential refinancing opportunities. The City will consider refinancing of outstanding debt to achieve annual savings or to refinance a bullet payment or spike in debt service. Except for instances in which a bullet payment or spike in debt service is being refinanced, absent a compelling economic reason or financial benefit to the City, any refinancing should not result in an increase to the weighted average life of the refinanced debt.

Except for instances in which a bullet payment or spike in debt service is being refinanced, the City will generally seek to achieve debt service savings which, on a net present value basis, are at least 3% of the debt being refinanced. The net present value assessment shall factor in all costs, including issuance, escrow, and foregone interest earnings of any contributed funds on hand. Any potential refinancing shall additionally consider whether an alternative refinancing opportunity with higher savings is reasonably expected in the future. Refundings which produce a net present value savings of less than 3% will be considered on a case-by-case basis.

Notwithstanding the foregoing, a refunding of former Redevelopment Agency or Successor Agency bonds shall be determined based on the requirements of Health and Safety Code Section 34177.5.

G. MARKET COMMUNICATION, ADMINISTRATION, AND REPORTING

1. Rating Agency Relations and Annual or Ongoing Surveillance – The Director of Finance shall be responsible for maintaining the City’s relationships with the major rating agencies that rate the City’s bond issues (such as S&P Global Ratings, Fitch Ratings and Moody’s Investor’s Service.). These agencies’ rating criteria often change, and the City cannot control the decisions made by any rating agency. However, for each debt issue that the City will seek a rating assignment, the City will strive to obtain and maintain the highest possible underlying or uninsured rating consistent with its current operating and capital needs. In addition to general communication, the Director of Finance shall:
a) Ensure the rating agencies are provided updated financial statements of the City as they become publically available.
b) Communicate with credit analysts at each agency at least once each year, or as may be requested by the agencies.
c) Prior to each proposed new debt issuance, schedule meetings or conference calls with agency analysts and provide a thorough update on the City’s financial position, including the impacts of the proposed debt issuance.

2. Council Communication – The Director of Finance should report feedback from rating agencies, when and if available, regarding the City’s financial strengths and weaknesses and areas of concern relating to weaknesses as they pertain to maintaining the City’s existing credit ratings.
196

3. Continuing Disclosure Compliance – The City shall remain in compliance with its Municipal Securities Post-Issuance Disclosure Policy (the “Post-Issuance Disclosure Policy”), as amended from time to time, and Rule 15c2-12, promulgated by the Securities and Exchange Commission (SEC) under the Securities Exchange Act of 1934. Under the Post-Issuance Disclosure Policy, the Director of Finance is responsible to file or caused to be filed (to the extent required by the applicable continuing disclosure undertaking) its annual financial statements and other financial and operating data for the benefit of its bondholders within nine months of the close of the fiscal year, or by such other annual deadline required in any continuing disclosure agreement or certificate for any debt issue. Pursuant to the Post-Issuance Disclosure Policy, the Director of Finance shall also file or cause to be filed such notices of reportable events as required by each continuing disclosure undertaking (“Listed Event Notices”) entered into in furtherance of Rule 15c2-12.

For any debt proposed to be issued by the City on or after February 27, 2019 that involves a continuing disclosure undertaking, the Director of Finance shall create, maintain and continuously update during the term of such debt a Financial Obligations List (as defined in the Post-Issuance Disclosure Policy) to facilitate compliance with amendments to Rule 15c2-12 adopted by the SEC in 2018 and the filing, if necessary, of a Listed Event Notice pursuant to the applicable continuing disclosure undertaking.

The City shall maintain a log or file evidencing that all continuing disclosure filings have been made promptly.

4. Debt Issue Record-Keeping – A copy of all debt-related records shall be retained at the City’s offices. At minimum, these records shall include all official statements, bond legal documents/transcripts, resolutions, trustee statements, leases, and title reports for each City financing (to the extent available).

Such records shall be retained while any bonds of an issue are outstanding and during the six-year period following the final maturity or redemption of the bond issue or, if later, while any bonds that refund bonds of that original issue are outstanding and for the six-year period following the final maturity or redemption date of the latest refunding bond issue.

Arbitrage Rebate – The use of bond proceeds and their investments must be monitored to ensure compliance with all arbitrage rebate requirements of the Internal Revenue Code and related Internal Revenue Service regulations, in keeping with the covenants of the City and/or related entity in the tax certificate for any federally taxexempt financing. The Director of Finance shall ensure that all bond proceeds and investments are tracked in a manner which facilitates accurate calculation; and, if a rebate payment is due, such payment is made in a timely manner. 197
I. CREDIT RATINGS
The City will consider published ratings agency guidelines regarding best financial practices and guidelines for structuring its capital funding and debt strategies to maintain the highest possible credit ratings consistent with its current operating and capital needs.

J. SB 1029 COMPLIANCE
Senate Bill 1029, signed by the State Governor on September 12, 2016, and enacted as Chapter 307, Statutes of 2016, requires issuers to adopt debt policies addressing each of the five items below:
i. The purposes for which the debt proceeds may be used.

Section C.1 (Acceptable Conditions for the Use of Debt), Section C.2 (Acceptable Uses of Debt and Proceeds of Debt), and Section C.3 (Prohibited Use of Debt and Proceeds of Debt) address the purposes for which debt proceeds may be used. ii. The types of debt that may be issued.

Section C.2 (Acceptable Uses of Debt and Proceeds of Debt), Section D (Types of Financing Instruments; Affordable and Planning Policies), Section E (Structure of Debt) and Section F (Use of Alternative Debt Instruments) provide information regarding the types of debt that may be issued.
iii. The relationship of the debt to, and integration with, the issuer's capital improvement program or budget, if applicable.

Section C.1 (Acceptable Conditions for the Use of Debt) provides information regarding the relationship between the City's debt and Capital Improvement Program. Section D (Types of Financing Instruments; Affordability and Planning Policies) provides information regarding the relationship between certain types of debt and the City’s budget.
iv. Policy goals related to the issuer's planning goals and objectives.

As described in Section B (Background), Section D (Types of Financing; Affordability and Planning Policies) and other sections, this Policy has been adopted to assist with the City’s goal of maintaining fiscal sustainability and financial prudence. v. The internal control procedures that the issuer has implemented, or will implement, to ensure that the proceeds of the proposed debt issuance will be directed to the intended use.

Section C.4 (Internal Control Procedures Concerning Use of Proceeds of Debt) provides information regarding the City's internal control procedures designed to ensure that the proceeds of its debt issues are spent as intended. 198

CITY OF AGOURA HILLS

INDEPENDENT AUDITOR POLICY

PURPOSE
The purpose of this policy is to provide for the rotation of independent auditors who perform the annual examination of the City’s financial statements and render an opinion thereon.

POLICY
It shall be the policy of the City Council that independent auditors will serve initially for a period of two years. Provided that services are satisfactory to staff and the City Council, at the conclusion of the initial two-year period, staff will be authorized to negotiate an additional three-year term and revised contract, subject to City Council approval.

Following the first five-year period of utilizing any audit firm, the City shall consider other audit firms, as well as the current firm. However, if the current firm is selected, a mandatory rotation of the Partner and Manager shall take place. Following ten years of utilizing any audit firm, a mandatory rotation of firms will take place. Pursuant to Government Code Section 12410.6(b), in no event shall the City employ a public accounting firm to provide audit services to the City if the lead audit partner or coordinating audit partner having primary responsibility for the audit, or the audit partner responsible for reviewing the audit, has performed audit services for the City for six consecutive fiscal years, unless the Controller waives this requirement upon making the finding that another eligible public accounting firm is not available to perform the audit.

PROCEDURE

1. The Request for Proposal process shall be used in the evaluation of prospective audit firms.

2. Following the conclusion of the initial two-year term with an auditor, a report to the City Council will be prepared, discussing staff’s evaluation of the audit services for the period then ended, and, if staff’s evaluation of service levels provided is satisfactory, contract terms for the upcoming three-year period shall be presented to the City Council.
199

3. Prior to the expiration of a five-year term with an auditor, staff will solicit proposals from at least three firms (one may be the current firm) and will evaluate such proposals. Members of the Finance Committee will be invited to interview the firms. A report to the City Council will be prepared recommending the selection of an audit firm for a period of two years with a provision to extend for three additional years, along with a proposed contract for approval.

4. Prior to the expiration of a ten-year term with an audit firm, staff will solicit proposals from at least three firms (not including the current firm) and will evaluate such proposals. A report to the City Council will be prepared recommending the selection of an audit firm for a period of two years with a provision to extend for three additional years.

5. Audit contracts shall require that auditors conform to the independence standard promulgated in the General Accounting Office’s Government Audit Standards, even for audit engagements that are not otherwise subject to generally accepted government auditing standards.

6. All audits shall be made by a certified public accountant or public accountant licensed by and in good standing with the California Board of Accountancy. 200

CITY OF AGOURA HILLS

FINANCIAL POLICY

PURPOSE
The purpose of this policy is to provide for the implementation, review and update of financial policies and procedures.

POLICY
It shall be the policy of the City Council that financial policies and procedures be reviewed annually and updated at least once every three years.

PROCEDURE

1. Each financial policy shall be updated every three years, reviewed by the Finance Committee for its recommendation to the City Council, and considered by the City Council for final approval.

2. All financial policies shall be included in the City’s annual budget document and reviewed annually as a part of the City’s annual budget workshop.

3. All financial procedures shall be reviewed by the City Treasurer annually and updated at least every three years.
201

CITY OF AGOURA HILLS

TAX-ADVANTAGED BONDS POST-ISSUANCE COMPLIANCE
PROCEDURESAND PROTOCOL

PURPOSE

1. BACKGROUND AND TRAINING
Bonds that receive preferential tax treatment under federal law are commonly referred to by the Internal Revenue Service as "tax-advantaged bonds". These bonds are issued by or on behalf of state and local governments, such as the City of Agoura Hills (and its related public entities, such as the Agoura Hills Financing Authority). These bonds are subject to federal tax requirements both at the time the bonds are issued and for as long as they remain outstanding. An issuer's (or other party's) failure to comply with any applicable federal tax requirement with respect to these bonds jeopardizes their preferential tax treatment.

While compliance with many federal tax requirements occurs at closing, other federal tax requirements require on-going monitoring after the issuance of the bonds.

These requirements include filing a Form 8038 information return (8038-G for governmental tax-exempt bonds, 8038-GC for governmental tax-exempt bonds with an issue price of less than $100,000, and 8038 for tax-exempt private activity bonds), and the issuer having reasonable expectations of on-going, post-issuance compliance.

Post-issuance federal tax requirements generally fall into two categories: (1) the use of proceeds and the use of bond-financed property; and (2) arbitrage yield restriction on investments and rebate. Use requirements require monitoring of the various direct and indirect uses of bond-financed property over the life of the bonds and calculations of the percentage of nonqualified uses. Arbitrage requirements also require monitoring over the life of the bonds to determine whether both the yield on investments acquired with bond proceeds are properly restricted and whether the City must file a Form 8038-T and pay a rebate or a yield reduction payment.

Post-issuance compliance procedures will help the City monitor compliance as long as the bonds remain outstanding and improve the City's ability to identify noncompliance and prevent violations from occurring, or timely correct identified violations, to ensure the continued tax-advantaged status of the bonds.

The designated officer or employee (described in Section 2.A, below) and anyone assigned particular responsibilities in connection with the procedures described below must read the certificate regarding compliance with certain tax matters 202
(commonly referred to as the "tax certificate") that is executed by the City (or a related public entity) in connection with each bond issue for a more complete explanation of the matters described in these Procedures. In addition, the designated officer or employee and anyone assigned particular responsibilities should discuss these matters with bond counsel.

2. GENERAL ADMINISTRATION
A. Responsible Officers or Employees. The City Manager will designate the officer (e.g., the Finance Director) who will be responsible for compliance with each of the procedures set forth below. The City Manager may designate other employees who will also be responsible for such compliance. The City Manager will notify the current holder of that office, or the employee, of the responsibilities and provide that person a copy of these Procedures and any necessary training. The holder of the office, or the employee, may in turn designate other officers or employees and assign to them particular responsibilities for certain of these Procedures. Qualified consultants may also assist in conducting the compliance procedures. The City Manager will be notified in writing of all such designations and assignments under this Section or under the following Section 2.B.

B. Reassignment of Responsibilities. Upon the transition of a designated officer or employee, the City Manager will advise the new officer or employee of the responsibilities under these procedures. If officer or employee positions are restructured or eliminated, the City Manager, or his or her designee, will reassign responsibilities as necessary to ensure that all of the procedures listed below have been appropriately assigned.

C. Periodic Reviews. The designated officer or employee will conduct periodic reviews of compliance with these procedures and with the terms of any existing tax certificate relating to outstanding tax-advantaged bonds to determine whether any violations have occurred. Such periodic reviews will occur at least once every six months.

In the event that violations have occurred, bond counsel will be contacted immediately so that violations can be remedied through the remedial actions set forth in Section

1.141-12 of the Treasury Regulations, the Voluntary Closing Agreement Program described in IRS Notice 2008-31, or further guidance as may be provided by the IRS.

Where necessary, violations will be reported to the IRS by submitting a VCAP request within 90 days after identification of the violation.

D. Changes or Modifications to Bond Terms. If any change or modification to the terms of tax-advantaged bonds is contemplated, the designated officer or employee will immediately contact bond counsel.
203
E. Recordkeeping. For each issue of tax-advantaged bonds, the designated officer or employee will:
(1) maintain a copy of the transcript of the documents relating to the bonds.
(2) maintain records of all facilities and other costs (e.g., issuance costs, credit enhancement fees, and capitalized interest) and uses (e.g., deposits to project funds and reserve funds) for which bond proceeds were spent or used (in the case of a qualified private activity bond, the City will assure that any conduit borrower will be responsible for providing the City with this information); (3) maintain records of investments and expenditures of bond proceeds, rebate exception analyses, rebate calculations, Forms 8038-T, and rebate and yield reduction payments, and any other records relevant to compliance with arbitrage restrictions (in the case of a qualified private activity bond, the City will assure that the borrower will be responsible for providing the City with this information in the event it is not otherwise available to the City);
(4) maintain all records described in these Procedures while any bonds of the issue are outstanding and during the three-year period (or such longer period as applicable under the City’s Local Debt Policy, as amended from time to time) following the final maturity or redemption of the bond issue or, if later, while any bonds that refund bonds of that original issue are outstanding and for the three year period (or such longer period as applicable under the City’s Local Debt Policy, as amended from time to time) following the final maturity or redemption date of the latest refunding bond issue; and (5) maintain copies of all of the following contracts or arrangements with non-governmental persons or organizations or with the federal government: (a) the sale of any bond-financed facility; (b) the lease of any bond-financed facility; (c) management or service contracts relating to a bond-financed facility; (d) research contracts involving research undertaken in a bond-financed facility; and (e) any other contracts involving "special legal entitlements" (such as naming rights or exclusive provider arrangements) with respect to a bond-financed facility.

3. IRS INFORMATION RETURN FILING
In cooperation with bond counsel, the designated officer or employee will ensure that the Form 8038-G (or other applicable Form 8038) is timely filed (on or before the 15th day of the second calendar month after the end of the calendar quarter in which the bonds were issued) with respect to each tax-advantaged bond issue, including any required schedules and attachments.
204

4. INVESTMENT AND EXPENDITURE OF BOND PROCEEDS AND REBATE A. Track Investments and Expenditures. The designated officer or employee will ensure the existence of an established accounting procedure for tracking the investment and the timely expenditures of bond proceeds, including investment earnings.

B. Reimbursement. Upon issuance of the bonds, the designated officer or employee will allocate bond proceeds to reimbursement of prior expenditures (assuming, if required, an appropriate declaration of intent to reimburse has been adopted). In the case of qualified private activity bonds, the designated officer or employee may rely on information provided by the conduit borrower.

C. Final Allocations. The designated officer or employee will ensure that a final allocation of bond proceeds (including investment earnings) to qualifying expenditures is made if bond proceeds are to be allocated to project expenditures on a basis other than "direct tracing" (direct tracing means treating the bond proceeds as spent as shown in the accounting records for bond draws and project expenditures).

This allocation must be made within 18 months after the later of the date the expenditure was made or the date the project was placed in service, but not later than the earlier of five years and 60 days after the issuance date of the bonds or 60 days after the bond issue is retired. In the case of qualified private activity bonds, the designated officer or employee may rely on information provided by the conduit borrower, which will be required to provide such information on a timely basis.

D. Timely Expenditure of Bond Proceeds. Mindful of the expectations regarding the timing of the expenditures of bond proceeds set forth in the tax certificate, the designated officer or employee will monitor expenditures of bond proceeds, including investment earnings, against issuance date expectations for satisfaction of three-year (or five-year) temporary period from yield restriction on investment of bond proceeds, and to assure that proceeds and investment earnings are allocated to expenditures for the public improvements or other qualified expenditures described in the tax certificate. In the case of qualified private activity bonds, the conduit borrower will be required to comply with this section.

E. Yield. The designated officer or employee will make note of the "yield" of the bond issue, as shown on the applicable Form 8038G, or other applicable Form 8038.

F. Temporary Periods and Yield Restriction. The designated officer or employee will review the tax certificate to determine the "temporary periods" for the bond issue, during which periods various categories of gross proceeds of the bond issue may be invested without restriction as to yield.
205
G. Investment of Proceeds and Yield Restriction. The designated officer or employee will ensure that bond proceeds are not invested in investments with a yield above the bond yield following the end of the applicable temporary period unless yield reduction payments are permitted to be made.

H. Bidding Requirements. If purchasing investments other than publicly traded securities for immediate delivery (for example, a guaranteed investment contract or certificates of deposit), the designated officer or employee will consult with bond counsel as to whether the investments of bond proceeds satisfy IRS regulatory safe harbors for establishing fair market value (e.g., through the use of bidding procedures), and maintain records to demonstrate satisfaction of such safe harbors. In the case of qualified private activity bonds, the conduit borrower will be required to comply with this section.

I. Credit Enhancement and Hedging Transactions. The designated officer or employee will consult with bond counsel before engaging in credit enhancement or hedging transactions with respect to a bond issue. The designated officer or employee will maintain copies of all contracts and certificates relating to credit enhancement and hedging transactions.

J. Debt Service Fund. While bonds of an issue, the designated officer or employee will ensure that the debt service fund meets the requirements of a "bona fide debt service fund," i.e., one used primarily to achieve a proper matching of revenues with debt service that is depleted at least once each bond year, except for a reasonable carryover amount not to exceed the greater of (i) the investment earnings on the fund for the immediately preceding bond year; or (ii) one-twelfth of the debt service on the bond issue for the immediately preceding bond year. To the extent that a debt service fund qualifies as a bona fide debt service fund for a given bond year, the investment of amounts held in that fund is not subject to yield restriction for that year and is generally not subject to rebate. The designated officer or employee will consult with bond counsel before creating separate additional funds that are expected to be used to pay debt service on the bonds. In the case of qualified private activity bonds, the City will assure that the conduit borrower is required to comply with this section.

K. Reserve Fund. The designated officer or employee will ensure that amounts invested without yield restriction in any reasonably required reserve fund do not exceed the least of (each determined at the time of issuance of the bonds): (i) ten percent of the stated principal amount of the bonds (or the sale proceeds of the bond issue if the bond issue has original issue discount or original issue premium that exceeds two percent of the stated principal of the bond issue plus, in the case of premium, reasonable underwriter's compensation); (ii) maximum annual debt service on the bond issue; or (iii) 125 percent of average annual debt service on the bond issue. The 206
designated officer or employee will consult with bond counsel before creating any separate additional funds or accounts that will secure or provide payments of debt service on the bonds.

L. Gifts for Bond-Financed Projects. Before beginning a campaign that may result in gifts that will be restricted for use relating to a bond-financed facility (or, in the absence of such a campaign, upon the receipt of such restricted gifts), the designated officer or employee will consult with bond counsel to determine whether replacement proceeds may result.

M. Performance of Rebate Calculations. Subject to the small issuer exception and the exceptions described in the tax certificate, investment earnings on bond proceeds at a yield in excess of the bond yield generally must be rebated to the United States. The designated officer or employee will ensure that rebate calculations will be timely performed and payment of rebate amounts, if any, will be timely made. Rebate payments are generally due 60 days after the fifth anniversary of the issue date of the bond issue, then in succeeding installments every five years. The final rebate payment is due 60 days after retirement (or early redemption) of the last bond of the issue. In the case of qualified private activity bonds, the City will assure that the conduit borrower is required to comply with this section.

N. Rebate Consultant. The designated officer or employee will engage the services of an experienced rebate consultant to undertake rebate calculations described above for each bond issue.

O. Spending Exceptions. If the six-month, 18-month, or 24-month spending exceptions from the rebate requirement apply to the bond issue, the designated officer or employee will ensure that the spending of bond proceeds is monitored prior to semiannual spending dates for the applicable exception.

P. Follow-up on Rebate. After all bond proceeds have been spent, the designated officer or employee will ensure compliance with rebate requirements for any reserve fund and any debt service fund that is not exempt from the rebate requirement. In the case of qualified private activity bonds, the City will assure that the conduit borrower is required to comply with this section.

Q. Filing of 8038-T. The designated officer or employee will make rebate and yield reduction payments timely and file a Form 8038-T with each payment.

5. PRIVATE BUSINESS USE
A. Private Business Use. Use of bond proceeds or bond-financed property by a nongovernmental person (including the federal government) in furtherance of a 207
trade or business activity is considered private business use. Any activity carried on by an entity (other than a governmental unit) is treated as a trade or business. Indirect uses of bond proceeds may also be considered private business use. For example, bond proceeds used to finance a facility are treated as used for a private business use if the facility is sold or leased to a nongovernmental entity. The designated officer or employee will analyze any private business use of bond-financed facilities and, for each issue of bonds, determine whether there is or may in the future be more than five percent private business use. If so, the designated officer or employee will immediately contact bond counsel to discuss the private business use limit, including whether the alternative ten percent limit is applicable.

B. Management and Service Contracts. Management or service contracts between governmental entities and nongovernmental persons (private parties) under which the nongovernmental person receives compensation or revenue for services provided with respect to a bond-financed facility may result in private business use.

Before entering into any new management agreement or service agreement relating to bond-financed facilities, the designated officer or employee will immediately contact bond counsel to review any such agreement to determine whether it may result in private business use.

C. Special Legal Entitlements. Before entering into any agreement providing special legal entitlements relating to a bond-financing facility, such as naming rights or an exclusive provider agreement, the designated officer or employee will immediately contact bond counsel to review such agreement to determine whether it may result in private business use.
208

CITY OF AGOURA HILLS

MUNICIPAL SECURITIES POST-ISSUANCE DISCLOSURE POLICY
A. Purpose
The City of Agoura Hills, California (the “City”) is committed to providing timely and consistent dissemination of financial information in accordance with the continuing disclosure undertakings of the City and its related entities, entered into in furtherance of Securities and Exchange Commission (“SEC”) Rule 15c2-12 (the “Rule” or “SEC Rule 15c2-12”). As used herein, the term “City” may include the City and/or its related entities, as the context may require.

This policy affirms the City’s commitment to post-issuance disclosure. The goal is to establish and maintain guidelines for presenting related financial reports and events to interested third parties, financial institutions and the general public in compliance with the Rule and the City’s continuing disclosure undertakings.

B. Scope
This policy covers all City employees and officials of the City. It covers disclosure documents filed with the Municipal Securities Rulemaking Board the “MSRB”).

C. Responsibility of the Disclosure Working Group
The City has established a Disclosure Working Group (“DWG”) consisting of the City’s City Manager, Director of Finance, Finance Manager and Treasurer and others from the Finance Department as designated by the Director of Finance. Annually in connection with its continuing disclosure filings required by the continuing disclosure undertakings of the City and its related entities, the DWG will systematically review filings, reports and other public statements to determine whether any updating or correcting of information is appropriate. The DWG will review and recommend updates to the City Council, if necessary, to this disclosure policy. Finally, the DWG will react quickly to developments and events that affect the City and notify its dissemination agent, when appropriate.

The City’s primary spokesperson related to the City’s financial information, debt and financings, and other financial reports and events is the City’s City Manager. Others within the City may, from time to time, be designated by the City Manager as 209
spokespersons on behalf of the City and respond to specific inquiries. It is essential that the DWG be fully apprised of all material developments of the City in order to evaluate, discuss those events and determine the appropriateness and timing for release.

The City or its designated agent will provide continuing disclosure documents and related information to the MSRB’s EMMA System http://dataport.emma.msrb.org. The continuing disclosure documents, which include annual financial statements, operating data of the City and its related entity issuers and Event Notices (as defined in Section E below), will be posted to the EMMA website by the City’s Disclosure Dissemination Agent, Digital Assurance Certification, LLC (“DAC”), or its successor, upon the approval of the City’s Director of Finance.

D. Annual Reporting Date Requirements
The Director of Finance shall review the continuing disclosure undertaking (to the extent not otherwise exempt therefrom under the Rule) for each separate issue of the outstanding municipal securities of the City or its related entities and identify the following:
(i) the date by which the Annual Report must be filed;
(ii) the contents that need to be included in the Annual Report; (iii) the Event Notices that must be filed; and
(iv) when Event Notices are required to be filed.

For a current list of the City’s debt issues, including those which are not subject to the Rule, please refer to the long-term debt notes found in the City’s most current Audited Financial Statements.

E. Event Notice Requirements
Unless otherwise specified, the City’s Director of Finance will be responsible for monitoring the occurrence of the events specified in this Section E, determining (if necessary) their materiality, and notifying the Dissemination Agent of the occurrence of a reportable event for further filing of a notice (each, an “Event Notice”) with the MSRB.
i. Event Notices for Debt Issued on or after February 27, 2019.

For any debt issues (subject to SEC Rule 15c2-12) issued on or after February 27, 2019, notice of the following events would need to be provided to the City’s Disclosure Dissemination Agent, for further filing with the MSRB, within ten (10) business days of their occurrence.
210
• Any of the 14 types of events listed in Section E.2. below. • Incurrence of a financial obligation of the obligated person (i.e., City or a related entity of the City), if material, or agreement to covenants, events of default, remedies, priority rights or other similar terms of a financial obligation, any of which affect the security holders, if material.
• Default, event of acceleration, termination event, modification of terms, or other similar events under the terms of the financial obligation of the obligated person (i.e., City or a related entity of the City), any of which reflect financial difficulties.

For purposes of the foregoing, “financial obligation” means (i) a debt obligation (including a lease entered into as a vehicle to borrow money, but excluding ordinary financial and operating liabilities incurred in the normal course of business), (ii) a derivative instrument entered into in connection with, or pledged as security or a source of payment for, an existing or planned debt obligation; or (iii) a guarantee of (i) or (ii); provided, the term “financial obligations” shall not include (a) municipal securities as to which a final official statement has been posted on the EMMA website in accordance with the Rule, and (b) monetary obligations resulting from a judicial, administrative, or arbitration proceeding.

In connection with the events described in the last two bullet points above (which relate to amendments to the Rule adopted by the SEC in 2018), for any new continuing disclosure undertaking executed on or after February 27, 2019 with respect to a debt issue (the “Debt”), the Director of Finance shall, before the Debt issuance date, review the City’s financial records and create a list (each, a “Financial Obligations List”) of the existing financial obligations (as such term is defined in the Rule) at such time of the City and its related entities. The Financial Obligations List will generally include those financial obligations identified in the long-term debt notes (and which remain outstanding at the time) found in the City’s most current Audited Financial Statements, as well as any additional financial obligations incurred since the date of such Audited Financial Statements. The Financial Obligations list shall be updated continuously during the term of such Debt, and in connection with each update, the Director of Finance shall make the determination described in the following paragraph.

Whenever the City prepares to enter into a new financial obligation or modify the terms of an existing financial obligation, the Director of Finance shall determine whether the incurrence of such financial obligation or modification of terms would require an Event Notice under any continuing disclosure undertaking for Debt issued on or after February 27, 2019. If a determination is made that an Event Notice would be required, the Director of Finance, in consultation with legal counsel, shall cause the Event Notice to be filed on a timely basis.
211
ii. Event Notices for Debt Issued before February 27, 2019 and on or after December 1, 2010.

For any debt issues (subject to SEC Rule 15c2-12) issued before February 27, 2019 and on or after December 1, 2010, notice of the following events would need to be provided to the City’s Disclosure Dissemination Agent, for further filing with the MSRB:, within ten (10) business days of their occurrence. • Principal and interest payment delinquencies
• Non-payment related defaults, if material
• Unscheduled draws on debt service reserves reflecting financial difficulty • Unscheduled draws on credit enhancements reflecting financial difficulty • Substitution of credit or liquidity providers, or their failure to perform • Adverse tax opinions, the issuance by the IRS of proposed or final determinations of taxability, Notices of Proposed Issue (IRS Form 5701 TEB) or other material notices or determinations with respect to the tax status of the security or other material events affecting the tax status of the security • Modifications to rights of security holders, if material • Bond calls, if material, and tender offers
• Defeasances
• Release, substitution, or sale of property securing repayment of the securities, if material
• Rating changes
• Bankruptcy, insolvency, receivership or similar event of the obligated person (i.e., City or a related entity of the City).
• The consummation of a merger, consolidation, or acquisition involving an obligated person or the sale of all or substantially all of the assets of the obligated person, other than in the ordinary course of business, the entry into a definitive agreement to undertake such an action or the termination of a definitive agreement relating to any such actions, other than pursuant to its terms, if material • Appointment of a successor or additional trustee or the change of name of a trustee, if material.

3. Event Notices for Debt Issued prior to December 1, 2010.

For any debt issues (subject to SEC Rule 15c2-12) issued prior to December 1, 2010, notice of the following events, if determined to be material, would need to be provided to the City’s Disclosure Dissemination Agent, for further filing with the MSRB, “in a timely manner.”
• Principal and interest payment delinquencies
• Non-payment related defaults
• Unscheduled draws on debt service reserves reflecting financial difficulty • Unscheduled draws on credit enhancements reflecting financial difficulty • Substitution of credit or liquidity providers, or their failure to perform • Adverse tax opinions or events affecting the tax-exempt status of the security 212
• Modifications to rights of security holders
• Bond calls
• Defeasances
• Release, substitution, or sale of property securing repayment of the securities • Rating changes

4. Notices of Failure to File. In addition, the City’s Director of Finance will be responsible for providing notice, in a timely manner, of a failure by the City or other obligated related entity, as applicable, to provide any of the required annual financial information by the date specified in the continuing disclosure undertaking.

F. Voluntary Disclosure Requirements
In addition to preparing annual reports and Event Notices, the City may wish to keep investors informed by providing information that is not required to be provided under its continuing disclosure undertakings entered into in furtherance of the Rule.

Examples of such types of information are investments, interim financial information, capital improvement plans, fund balance policies, etc. and financial forecasts.

Because providing this information is voluntary, the City Manager will monitor events which may impact the City, so that a determination can be made by the DWG, in consultation with the City’s legal counsel, if the event should be disclosed.

Information provided to potential or present owners of municipal securities is subject to federal securities laws, regulations and standards. Therefore, all proposed voluntary disclosure notices will be subject to legal review prior to any dissemination.

Evidence of the filings for any of the Event Notices described in Section E of this Policy or any voluntary disclosed notice described in this Section F, when made, shall be maintained on the DAC system, for so long as DAC is the City’s Disclosure Dissemination Agent.

The City does not maintain an “Investor Relations” website.

G. Interim Disclosure Requirements
Currently, the City is not required to file interim financial information. In the future, if such filings are required in continuing disclosure undertakings, the City’s Director of Finance will notify the Disclosure Dissemination Agent for assistance when these filings become necessary.

H. Training for Employees and Issuer Officials
213
For City officials, compliance with federal securities law should be considered as important as compliance with local public meetings and records laws. Periodic review of the continuing disclosure policies of the City will be in compliance with the City’s financial policy.

I. Effective Date
This Amended and Restated Policy shall become effective immediately upon its approval by the City Council.
214

CITY OF AGOURA HILLS

FUND BALANCE POLICY FOR THE GENERAL FUND
POLICY
This Fund Balance Policy establishes the procedures for reporting unrestricted fund balance in the General Fund financial statements. Certain commitments and assignments of fund balance will help ensure that there will be adequate financial resources to protect the city against unforeseen circumstances and events such as revenue shortfalls and unanticipated expenditures. The policy also authorizes and directs the Finance Director to prepare financial reports which accurately categorize fund balance as per Governmental Accounting Standards Board (GASB) Statement No. 54, Fund Balance Reporting and Governmental Fund Type Definitions.

PROCEDURES
Fund balance is essentially the difference between the assets and liabilities reported in a governmental fund. There are five separate components of fund balance, each of which identifies the extent to which the City is bound to honor constraints on the specific purposes for which amounts can be spent.
• Nonspendable fund balance (inherently nonspendable)
• Restricted fund balance (externally enforceable limitations on use) • Committed fund balance (self-imposed limitations on use) • Assigned fund balance (limitation resulting from intended use) • Unassigned fund balance (residual net resources)
The first two components listed above are not addressed in this policy due to the nature of their restrictions. An example of nonspendable fund balance is prepaid expenses. Restricted fund balance is either imposed by law or constrained by grantors, contributors, or laws or regulations of other governments. This policy is focused on financial reporting of unrestricted fund balance, or the last three components listed above. These three components are further defined below.

Committed Fund Balance
215
The City Council, as the City’s highest level of decision-making authority, may commit fund balance for specific purposes pursuant to constraints imposed by formal actions taken, such as an ordinance or resolution. These committed amounts cannot be used for any other purpose unless the city Council removes or changes the specified use through the same type of formal action taken to establish the commitment. City Council action to commit fund balance needs to occur within the fiscal reporting period; however the amount can be determined subsequently.

Assigned Fund Balance
Amounts that are constrained by the City’s intent to be used for specific purposes, but are neither restricted nor committed, should be reported as assigned fund balance.

This policy hereby delegates the authority to assign amounts to be used for specific purposes to the Finance Director for the purpose of reporting these amounts in the annual financial statements. A few examples of assigned fund balance follow:
• Continuing Appropriations
Fund balance levels must be sufficient to meet funding requirements for projects approved in prior years and which must be carried forward into the new fiscal year. • Debt Service
Established to provide for future debt service obligations. • Budget Balancing Measures
Funds set aside for the purpose of stabilizing the delivery of city services during periods of operational budget deficits and to mitigate the effects of major economic uncertainties resulting from unforeseen changes in revenues and/or expenditures.

Unassigned Fund Balance
These are residual positive net resources of the general fund in excess of what can properly be classified in one of the other four categories. An example of unassigned fund balance would be the following:

Minimum Fund Balance Policy
In June 2005, the City of Agoura Hills passed Resolution No. 05-1378 stating that the City Council and City Staff will endeavor to designate an amount equal to or greater 216
than forty percent (40%) of each year’s proposed General Fund Operating Budget as the City’s unobligated General Fund Reserve. The City Council recognizes that the unobligated General Fund reserves are needed for cash flow requirements; and contingencies such as exposure to natural disasters, exposure to economic impacts, and vulnerability to actions of the State. This resolution requires that if, in any budget year, the City Council determines that the public interest requires expending any amount remaining in General Fund Reserves to fall below forty percent (40%) of that year’s General Fund Operating budget, the City council and City staff, shall, in the following budget year, present a plan for returning the General Fund Reserve to the 40% level, as soon as practicable, based on the City’s then-current budget circumstances.

Fund Balance Classification
The accounting policies of the city consider restricted fund balance to have been spent first when an expenditure is incurred for purposes for which both restricted and unrestricted fund balance is available. Similarly, when an expenditure is incurred for purposes for which amounts in any of the unrestricted classifications of fund balance could be used, the city considers committed amounts to be reduced first, followed by assigned amounts and then unassigned amounts.

This policy is in place to provide a measure of protection for the city against unforeseen circumstances and to comply with GASB Statement No. 54. No other policy or procedure supersedes the authority and provisions of this policy. 217

CITY OF AGOURA HILLS

POLICY FOR PROCUREMENT WITH FEDERAL FUNDS
(REVISED 5-19-21)
In addition to Chapters 7 (Purchasing System) and 11 (Public Projects) of Article II of the Agoura Hills Municipal Code, this policy shall apply to the awarding of contracts and sub-grants by the City that are funded, in part or in whole, by federal grants or funds pursuant 2 CFR Subtitle A, Chapter 2, Part 200, Subpart D, Sections 200.317- 200.326.

I. GENERAL PROCUREMENT STANDARDS
A. Code of Conduct. As representatives of the City of Agoura Hills, all employees are expected to conduct themselves in a professional and ethical manner, maintaining high standards of integrity and the use of good judgment. Employees are expected to be principled in their business interactions and act in good faith with individuals both inside and outside the City. The following Code of Conduct shall govern the performance, behavior and actions of the City, including employees, directors, appointed or elected officials, volunteers, or agents who are engaged in any aspect of procurement, including, but not limited to, purchasing goods and services, awarding contracts and grants, and the administration and supervision of contracts:

1. No employee, director, appointed or elected official, volunteer, or agent of the City shall participate in the selection, award, or administration of contracts supported by a federal award if a conflict of interest is real or apparent to a reasonable person.

2. Conflicts of interest may arise when any employee, officer, or agent of the City, any member of his or her immediate family, his or her partner, or an organization which employs or is about to employ any of the parties indicated herein, has a real or apparent financial or other interest in or a tangible personal benefit from a firm considered for the contract.

3. No employee, director, appointed or elected official, volunteer, or agent of the City shall do business with, award contracts to, or show favoritism toward a member of his or her immediate family, spouse’s family, or to any company, vendor, contractor, or parties to subcontractors who either employ or has any relationship to a family member; or award a contract or bid which violates the spirit or intent of federal, state and local procurement laws and policies established to maximize free and open competition among qualified vendors.
218

4. The City’s employees, directors, appointed or elected officials, volunteers, or agents shall neither solicit nor accept gratuities, favors, gifts, consulting fees, trips, or anything having a monetary value in excess of twenty-five dollars ($25.00) from a vendor, potential vendor, family or employees of a vendor, contractor or parties to subcontractors.

5. Disciplinary measures for violations of the Code of Conduct by employees, directors, appointed or elected officials, volunteers, or agents who are engaged in any aspect of procurement, including, but not limited to, purchasing goods and services, awarding contracts and grants, and the administration and supervision of contracts could lead to disciplinary measures, up to and including possible termination of employment.

B. Solicitation Procedures

1. Acquisition of unnecessary or duplicative items must be avoided. Consideration should be given to consolidating or dividing procurements to obtain a more economical purchase. When appropriate, an analysis will be made of lease versus purchase alternatives, and any other appropriate analysis to determine the most economical approach.

2. To foster greater economy and efficiency, and in accordance with efforts to promote cost-effective use of shared services, the City shall enter into state and local intergovernmental agreements or inter-entity agreements where appropriate for procurement or use of common or shared goods and services.

3. Procuring federal excess and surplus property in lieu of purchasing new equipment and property whenever such use is feasible and reduces project costs shall be utilized.

4. Value engineering clauses may be used in contracts for construction projects of sufficient size to offer reasonable opportunities for cost reductions. Value engineering is a systematic and creative analysis of each contract item or task to ensure that its essential function is provided at the overall lower cost.

5. Contracts shall only be awarded to responsible contractors possessing the ability to perform successfully under the terms and conditions of a proposed procurement. Consideration will be given to such matters as contractor integrity, compliance with public policy, record of past performance, and financial and technical resources.
219

6. Records will be maintained sufficient to detail the history of procurement. These records will include, but are not necessarily limited to the following: rationale for the method of procurement, selection of contract type, contractor selection or rejection, and the basis for the contract price. The City Clerk will be the repository for said records and shall be maintained for period of no less than seven (7) years.

7. Time and material type contracts (open-ended) may be used only after a determination that no other contract is suitable. Time and material type contract means a contract where the cost to the City is the sum of the actual cost of materials and direct labor hours charged at fixed hourly rates that reflect wages, general and administrative expense, and profit. Each time and material contract will set a ceiling price that the contractor exceeds at its own risk. A higher degree of oversight is required in order to obtain reasonable assurance that the contractor is using efficient methods and effective cost controls.

8. The City alone will be responsible, in accordance with good administrative practice and sound business judgment, for the settlement of all contractual and administrative issues arising out of procurements. These issues include, but are not limited to, source evaluation, protests, disputes, and claims. These standards do not relieve the City of any contractual responsibilities under its contracts. The federal awarding agency will not substitute its judgment for that of the City unless the matter is primarily a federal concern. Violations of law will be referred to the local, state, or federal authority having proper jurisdiction.

C. Competition

1. All procurement transactions must be conducted in a manner providing full and open competition. In order to ensure objective contractor performance and eliminate unfair competitive advantage, contractors that develop or draft specifications, requirements, statements of work, and invitations for bids or requests for proposals will be excluded from competing for such procurements. Some of the situations considered to be restrictive of competition include, but are not limited to:
a. Placing unreasonable requirements on firms in order for them to qualify to do business;
b. Requiring unnecessary experience and excessive bonding; c. Noncompetitive pricing practices between firms or between affiliated companies;
d. Noncompetitive contracts to consultants that are on retainer contracts; e. Organizational conflicts of interest;
f. Specifying only a brand name product instead of allowing an equal product to be offered and describing the performance or other relevant requirements of the procurement; and
220
g. Any arbitrary action in the procurement process.

2. Procurements shall be conducted in a manner that prohibits the use of statutorily or administratively imposed state or local geographical preferences in the evaluation of bids or proposals, except in those cases where applicable federal statutes expressly mandate or encourage geographic preference. Nothing in this section preempts state licensing laws. When contracting for architectural and engineering (A/E) services, geographic location may be a selection criterion provided its application leaves an appropriate number of qualified firms, given the nature and size of the project, to compete for the contract.

3. All solicitations will incorporate a clear and accurate description of the technical requirements for the material, product, or service to be procured. Such description must not, in competitive procurements, contain features which unduly restrict competition. The description may include a statement of the qualitative nature of the material, product or service to be procured and, when necessary, must set forth those minimum essential characteristics and standard to which it must conform if it is to satisfy its intended use. Detailed product specifications should be avoided if at all possible. When it is impractical or uneconomical to make a clear and accurate description of the technical requirements, a brand name or equivalent description may be used as a means to define the performance or other relevant requirements of procurement. The specific features of the named brand which must be met by offers must be clearly stated.

4. Bids and proposals shall identify all the requirements which the offerors must fulfill and all other factors to be used in evaluation bids or proposals D. Methods of Procurement to be followed. The City shall use one of the following methods of procurement:

1. Procurement by Micro-Purchases. Procurement by micro-purchase is the acquisition of supplies or services, the aggregate dollar amount of which does not exceed the micro-purchase threshold as set by the Federal Acquisition Regulation at 48 CFR Subpart 2.1 (Definitions) and adjusted periodically for inflation. To the extent practicable, the City must distribute micro-purchases equitably among qualified suppliers. Micro-purchases may be awarded without soliciting competitive quotations if the City considers the price to be reasonable. As of the date of this policy, the micro-purchase threshold is $3,000.

2. Procurement by Small Purchase Procedures. Small purchase procedures are those relatively simple and informal procurement methods for securing services, supplies or other property that do not cost more than the simplified acquisition 221
threshold as set by the Federal Acquisition Regulation at 48 CFR Subpart 2.1 (Definitions) and in accordance with 41 U.S.C. 1908 and periodically adjusted for inflation. If small purchase procedures are used, price or rate quotations shall be obtained from an adequate number of qualified sources. As of the date of this policy, the simplified acquisition threshold is $150,000. For purchases exceeding twenty five thousand ($25,000), City Council approval is required.

3. Procurement by Sealed Bids (Formal Advertising). Bids are publicly solicited and a firm-fixed-price contract (lump sum or unit price) is awarded to the responsible bidder whose bid, conforming to all the material terms and conditions of the invitation for bids, is the lowest in price.
a. For sealed bidding to be feasible, the following conditions should be present:
(1) A complete, adequate, and realistic specification or purchase description is available;
(2) Two or more responsible bidders are willing and able to compete effectively for the business; and
(3) The procurement lends itself to a firm-fixed-price contract and the selection of the successful bidder can be made principally based on price. b. If sealed bids are used, the following requirements apply:
(1) The invitation for bids will be publicly advertised and bids shall be solicited from an adequate number of qualified sources, providing them sufficient time prior to the date set for opening the bids;
(2) The invitation for bids, which will include any specifications and pertinent attachments, shall define the items or services for the bidder to properly respond; (3) All bids will be publicly opened at the time and place prescribed in the invitation for bids;
(4) A firm-fixed-price contract award will be made in writing to the lowest responsive and responsible bidder. Where specified in bidding documents, factors such as discounts, transportation cost and life cycle costs shall be considered in determining which bid is lowest. Payment discounts will only be used to determine the low bid when prior experience indicates that such discounts are usually taken advantage of; and
(5) If there is a sound documented reason, any or all bids may be rejected.

4. Procurement by Competitive Proposals: Purchases over the Simplified Acquisition threshold, which is currently $150,000. This procurement method requires formal solicitation, fixed-price or cost-reimbursement contracts, and is used when sealed bids are not appropriate. The contract should be awarded to the responsible firm whose proposal is most advantageous to the program, with price being one of the various factors. If this method is used, the following requirements apply:
222
a. Requests for proposals must be publicized and identify all evaluation factors and their relative importance. Any response to publicized requests for proposals must be considered to the maximum extent practical;
b. Proposals must be solicited from an adequate number of qualified sources; c. The methods for conducting technical evaluations of the proposals received and for selecting recipients may include, but not limited to: oral interviews, references, past performance, availability to perform work, and certifications as determined by project scope.
d. Any response that takes exception to any mandatory items in this proposal process may be rejected and not considered;
e. Contracts must be awarded to the responsible firm whose proposal is most advantageous to the City, with price and other factors considered; and, f. Competitive proposal procedures may be used for qualifications-based procurement of architectural/engineering (A/E) professional services whereby competitors’ qualifications are evaluated and the most qualified competitor is selected, subject to negotiation of fair and reasonable compensation. The method, where price is not used as a selection factor, can only be used in procurement of A/E professional services. It cannot be used to purchase other types of services, though A/E firms are a potential source to perform the proposed effort. g. Noncompetitive proposals: Also known as sole-source procurement, this may be appropriate only when one or more of the following criteria are met:
• The dollar amount does not exceed the micro-purchase threshold in Subsection D.1;
• The item is available only from a single source;
• The public emergency for the requirement will not permit a delay resulting from competitive solicitation;
• The Federal awarding agency or pass-through entity expressly authorizes noncompetitive proposals in response to a written request from the non-federal entity; or
• After solicitation of a number of sources, competition is determined inadequate.
223
E. Contract Cost and Price. A cost or price analysis shall be performed in connection with every procurement action in excess of the Simplified Acquisition threshold ($150,000) including contract modifications. The method and degree of analysis is dependent on the facts surrounding the particular procurement situation, but as a starting point, independent estimates shall be made prior to receiving bids and proposals.

1. Profit shall be negotiated as a separate element of the price for each contract in which there is a no price competition and in all cases where cost analysis is performed.

To establish a fair and reasonable profit, consideration must be given to the complexity of the work to be performed, the risk borne by the contractor, the contractor’s investment, the amount of subcontracting, the quality of its record of past performance, and industry profit rates in the surrounding geographical area for similar work.

2. Costs or prices based on estimated costs for contracts under the federal award are allowable only to the extent that costs incurred or cost estimates included in negotiated prices would be allowable for the City under Subpart E- Cost Principles of Part 200- Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.

3. The cost plus a percentage of cost and percentage of construction cost methods of contracting must not be used.

F. Federal Awarding Agency or Pass-Through Entity Review.

1. The City shall make available, upon request of the federal awarding agency or pass-through entity, technical specifications on proposed procurements where the federal awarding agency or pass-through entity believes such review is needed to ensure that the item or service specified is the one being proposed for acquisition.

This review generally will take place prior to the time the specification is incorporated into a solicitation document. However, if the City desires to have the review accomplished after a solicitation has been developed, the Federal awarding agency or pass-through entity may still review the specifications, with such review usually limited to the technical aspects of the proposed purchase.

2. The City will make available upon request, for the Federal awarding agency or pass-through entity pre- procurement review, procurement documents, such as requests for proposals or invitations for bids, or independent cost estimates, when:
a. Procurement procedures or operation fails to comply with the procurement standards in this part;
224
b. The procurement is expected to exceed the Simplified Acquisition Threshold ($150,000) and is to be awarded without competition or only one bid or offer is received in response to a solicitation;
c. The procurement, which is expected to exceed the Simplified Acquisition Threshold, specifies a “brand name” product;
d. The proposed contract is more than the Simplified Acquisition Threshold and is to be awarded to other than the apparent low bidder under a sealed bid procurement; or
e. A proposed contract modification changes the scope of a contract or increases the contract amount by more than the Simplified Acquisition Threshold.

3. The City is exempt from the pre-procurement review in paragraph 2 of this section if the federal awarding agency or pass-through entity determines that its procurement systems comply with the standards of this part.

4. The City may request that its procurement system be reviewed by the federal awarding agency or pass- through entity to determine whether its system meets these standards in order for its system to be certified. Generally, these reviews must occur where there is continuous high-dollar funding, and third-party contracts are awarded on a regular basis;

5. The City may self-certify its procurement system. Such self-certification must not limit the federal awarding agency's right to survey the system. Under a self-certification procedure, the federal awarding agency may rely on written assurances from the City that it is complying with these standards. The City must cite specific policies, procedures, regulations, or standards as being in compliance with these requirements and have its system available for review.

G. Bonding Requirements
For construction or facility improvement contracts or subcontracts exceeding the Simplified Acquisition Threshold ($150,000), the federal awarding or pass-through entity may accept the bonding policy and requirements of the City provided that the federal awarding agency or pass-through entity has made a determination that the federal interest is adequately protected. If such a determination has not been made, the minimum requirements must be as follows:

1. A bid guarantee from each bidder equivalent to five percent (5%) of the bid price. The bid guarantee must consist of a firm commitment such as a bid bond, certified check, or other negotiable instrument accompanying a bid as assurance that 225
the bidder will, upon acceptance of the bid, execute such contractual documents as may be required within the time specified;

2. A performance bond on the part of the contractor for 100 percent (100%) of the contract price. A performance bond is one executed in connection with a contract to secure fulfillment of all the contractor’s obligations under such contract; and,

3. A payment bond on the part of the contractor for 100 percent (100%) of the contract price. A payment bond is one executed in connection with a contract to assure payment as required by law of all persons supplying labor and material in the execution of the work provided for in the contract.

H. Contract Provisions
All contracts using federal funding shall comply with the following as applicable:

1. Contracts for more than the simplified acquisition threshold currently set at $150,000, which is the inflation adjusted amount determined by the Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council (Councils) as authorized by 41 U.S.C. 1908, must address administrative, contractual, or legal remedies in instances where contractors violate or breach contract terms, and provide for such sanctions and penalties as appropriate.