FISCAL YEAR ENDED
JUNE 30, 2025
CITY OF ALAMEDA,
CALIFORNIA
POPULAR ANNUAL
FINANCIAL REPORT
EXHIBIT 2
PEOPLE AND PLACES IN ALAMEDA
WE ARE PLEASED TO PRESENT THE CITY OF ALAMEDA’S
POPULAR ANNUAL FINANCIAL REPORT (PAFR)
Table of Contents
Letter from our Finance Director . . . . . . . . . . . . . . . . . . . . . . . . . 1 Mayor and City Council . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Fun Facts and Map of Alameda . . . . . . . . . . . . . . . . . . . . . . . . . 3 Brief History of Alameda . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Alameda by the Numbers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Condensed Statement of Net Position . . . . . . . . . . . . . . . . . . . . 6 Condensed Statement of Governmental Activities . . . . . . . . . . 7 Business-Type Activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Long-Term Debt and Pension Obligations . . . . . . . . . . . . . . . . . 9 Residual Fund Balance Trend & Property Taxes . . . . . . . . . . . 10 Capital Improvement Fund & 10 Principal Property
Taxpayers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Strategic Plan Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Significant Events & Accomplishments . . . . . . . . . . . . . . . . . . . 13 Awards . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 City Organization Chart and Principal Officers . . . . . . . . . . . . . 15 Civic Engagement Opportunities . . . . . . . . . . . . . . . . . . . . . . . . . 16
Ross McCarthy
Finance Director
City of Alameda
DEAR READERS
As part of the City of Alameda’s ongoing efforts to
promote financial transparency, it is with great pleasure that we present the City’s Popular Annual Financial
Report (PAFR) for the fiscal year ended June 30, 2025.
The PAFR is intended to summarize and clearly present
the highlights of the Fiscal Year 2024-25 Annual
Comprehensive Financial Report (ACFR) with the goal of
making City finances more accessible to all Alameda
residents.
While most of the financial information in this report is drawn from the ACFR, the PAFR is a condensed version
without all of the necessary financial statements and
note disclosures required by Generally Accepted
Accounting Principles (GAAP) for governmental entities
found in the ACFR. However, the financial data in these reports has been prepared in accordance with GAAP
and audited by Maze & Associates Accountancy
Corporation, an independent firm of CPAs, receiving an
unmodified (clean and fairly stated) opinion.
Both the PAFR and ACFR are available for public viewing at the Finance Department and online at
alamedaca.gov/Departments/Finance. We hope you
enjoy reading this report and invite you to access our
audited ACFR online for more detailed information.
We welcome your
questions, comments and
suggestions regarding the
information in this report.
You may contact us at:
City of Alameda
Finance Department
2263 Santa Clara Avenue
Alameda, CA 94501
510-747-4881
[email protected]
Warmly,
Ross McCarthy
Finance Director
December 31, 2025
1 Alameda City Council
Mayor
Marilyn Ezzy Ashcraft
Term expires December 2026
The City Council is elected on a non-partisan basis; Councilmembers serve four- year staggered terms, with two Councilmembers elected every two years. The Mayor is elected to serve a four-year term. The Mayor and Councilmembers are elected at large, and subject to two elected term limits. The City Auditor and the City Treasurer (see page 15) are also elected by the voters. There is no term limit associated with these positions.
The Mayor and City Council are responsible for the following: passing ordinances and policies; adopting the budget; appointing citizens to Boards and Commissions; hiring the three Charter offices of City Manager, City Attorney, and City Clerk (see page 15) . As chief executive officer, the City Manager provides the leadership and organizational direction for the operation and management of all City departments. The City Manager also implements the policies and ordinances of the City Council, oversees operations of the City, and appoints the City’s department heads.
Councilmember
Greg Boller
Term expires December 2028
Vice Mayor
Michele Pryor
Term expires December 2028
Councilmember
Tony Daysog
Term expires December 2026
Councilmember
Tracy Jensen
Term expires December 2026
2 2
Alameda City Hall is one of the
oldest city hall buildings still in use
in all of California. It has been
continuously occupied since its
construction in 1895. The building
was designed by architectural firm
Percy & Hamilton in the
Romanesque Revival style and
underwent a major renovation in
the 1990s.
F U N F A C T S
Comedian Phyllis Diller was an
Alameda resident, launching
her comedy career by
performing for the Parent
Teacher Association at Edison
Elementary School.
3 Following the Apollo 11 moon landing,
on July 24th, 1969, the USS Hornet
met the astronaut’s splash down in
the Pacific Ocean. Astronauts Neil
Armstrong, Buzz Aldrin and Michael
Collins were brought aboard and even
greeted by President Nixon. The
vessel has been docked in Alameda as
a museum since 1998 and hosts a
variety of events for the public.
St. George Spirits in
Alameda was the first
American company
to release an
absinthe after the
U.S. ban was lifted in
2007.
Bryan Woo, Seattle Mariners
pitcher, graduated from Alameda
High School in 2018. He earned
the American League (AL) All-Star
selection and finished fifth in the
Cy Young Award for the 2025
season thanks to a 15-7 record
and a 2.94 ERA. He also delivered
standout performances, including
carrying a no-hitter into the eighth
inning, ranking among the AL
leaders in key pitching categories,
and helping anchor the Mariners’
rotation throughout the season.
Photo Courtesy of Alameda Museum
4 The 1900s: Transportation, Tourism, and a Navy Town
Due to the need for expanded shipping facilities and increased flow of current through the estuary, a canal project was initiated to separate the peninsula from Oakland, which lasted 28 years, finishing in 1902. The Webster Street Bridge (ca. 1871) across San Antonio Creek was eventually replaced by the Posey Tube, which opened in 1928. The island’s largest coastal resort, Neptune Gardens, became famous in 1915, attracting thousands on weekends for special events such as boxing matches. The resort later became Neptune Beach, nicknamed “the Coney Island of the West” (1917-1939).
In 1853, the residents decided on the name Alameda and by 1854 incorporated two of Alameda’s three communities:
“Old Alameda” and “the Encinal on lands adjacent.” In 1872, “Woodstock,” the area on the west end of the peninsula, was added to the incorporation. Known as a destination for recreation and sporting events, Alameda’s coastline featured several resorts that provided “baths” for swimming, some with giant amusement centers, ballrooms, saloons and elegantly appointed grounds. In 1884, the Alameda Pier was built, later becoming the transportation connection for trains to ferries when the Central and Southern Pacific railroads merged in 1894. Shipbuilding expanded rapidly during World War I by the Moore, Bethlehem Steel and Todd companies.
The West End’s first passenger airport, serving Pan American Airways, opened in 1928, and the beautiful Art Deco Alameda Theater, designed by Timothy Pflueger, opened in 1932 near Park Street (closed in 1979 and was later restored, expanded and reopened in 2008). In 1935, for $1, Alameda deeded land in the West End to the U.S. Government for a 100-acre Army base known as Benton Field, as well as another deed of 929 acres of tideland and submerged land. This marked the beginning of Alameda as a U.S. Navy town, with the official opening of Alameda Naval Air Station on November 1, 1940, where the airfield operated for 56 years. Since 1976, the Alameda 4th of July Parade has been widely considered the longest in the nation, stretching 3.3 miles!
The 2000s: Transformation and Renewal
In the first decade of the 21st century, the City’s new library on Oak Street opened to the public. During 2013-2017 the U.S. Navy transferred 1,607 acres of the former Naval Air Station to the City of Alameda, an area now known as Alameda Point. This area is developing into a lively mixed-use area with housing, commercial space, parks, open space, City Hall West and the USS Hornet Museum. In 2018, the Alameda Marina Master Plan for Northern Waterfront revitalization was approved by City Council. This plan guides the development of the creation of a mixed-use Northern Waterfront area on the Oakland Estuary, that celebrates a maritime history and future, with housing, new parks and businesses.
The 1800s: From Land Grants to a Growing Community
In 1820, Luis Peralta received 35 square miles comprising portions of the East Bay as a land grant that was later divided among his four surviving sons. In 1851, Antonio Maria Peralta received all of Alameda and much of Oakland. William Worthington Chipman and business partner and friend Gideon Aughinbaugh Alameda, a 10.6 square mile city located in the San Francisco Bay, is the original home to the Muwekma Ohlone Tribe of Native Americans who settled in the area thousands of years ago. Today, the Muwekma Ohlone Tribe continues to shape the cultural identity of the Bay Area and California in many ways including addressing the damages of colonization, advocating for Shellmound preservation, and revitalizing their culture and language.
A BRIEF LOOK AT ALAMEDA’S HISTORY
Photos Courtesy of Alameda Museum
The Alameda
Naval Air
Station
supported
the U.S. fleet
for 56 years!
purchased 160 acres from Peralta, which was the land known at that time as “the Encinal:” east of Versailles Street extending to San Leandro Bay. Settlers to the area mostly farmed, performed service work, built the Transcontinental Railroad and other infrastructure projects, and worked on the Alaska Packers fleet. 79,020
ALAMEDA BY THE NUMBERS
POPULATION PER CAPITA PERSONAL
INCOME
$70,285
BUILDING
PERMITS ISSUED
3,439
AREA IN SQUARE
MILES
MILES OF STREETS
MILES OF BIKE
LANES
22 14822.7
TOP EMPLOYERS
1. Penumbra, Inc.
2. Alameda Unified School District
3. Exelixis
4. Alameda Alliance for Health
5. City of Alameda
6. Sila Nanotechnologies
7. World Market Management Services
8. Safeway Stores
9. Bay Ship & Yacht Company
10. Webcor Craft
17 CITY PARKS ACREAGE OF CITY
PARKS
PLAYGROUNDS
206
36 NUMBER OF POLICE
STATIONS
NUMBER OF FIRE
STATIONS
41 + Annex
5 Condensed Statement of Net Position
as of June 30, 2025 and 2024 (in thousands) FY 2025 FY 2024 City Assets - What we own
Current and other assets - consisting mainly of cash and amounts owed to City $ 635,578 $ 642,923
Capital assets - consisting primarily of buildings,
equipment and vehicles 566,620 529,570
Total City Assets 1,202,198 1,172,493
Deferred Outflows of Resources - future assets 88,381 88,639 Total City Assets and Deferred Outflows 1,290,579 1,261,132 City Liabilities - What we owe
Current Liabilities - consisting of all amounts the City owes, except for long-term debt and pension obligations $ 63,201 $ 70,404 Long-term Liabilities - including long-term debt and
pension obligations 462,351 466,754
Total City Liabilities 525,552 537,158
Deferred Inflows of Resources - future liabilities 189,578 184,842 Total City Liabilities and Deferred Inflows 715,129 722,000 City’s Net Financial Position $ 575,450 $ 539,132
6 NET POSITION
The net position is an overview of the City’s assets and liabilities. The change in total net position shows how much the balance of assets and liabilities has changed in the past year. The overall net position for the City reflects a $36.3 million or 6.7% increase, from $539.1 million at June 30, 2024 to $575.5 million at June 30, 2025. This indicates that the City gained more assets than liabilities during the fiscal year from July 1, 2024 to June 30, 2025.
For all of the financial information found in this report, more detailed tables, charts and narratives are located in our Annual Comprehensive Financial Report:
alamedaca.gov/Departments/Finance
Increased Net
Position
The City’s net
position increased by
$36.3 million
primarily due to:
Although the City’s
total financial position
is $575.4 million,
$503.3 million is
nonspendable because
it is invested in the
City’s infrastructure.
• Growth in total
assets, driven by
higher cash and
investment
balances
• The completion
and capitalization
of major projects
• A reduction in
liabilities, primarily
from lower unearned
revenue as grant-
funded projects were
completed
7 Revenues
Amount
(in millions)
Property taxes $ 79.4
Charges for services $ 40.7
Use of money and properties $ 27.0
Operating grants and contributions $ 19.6
Sales taxes $ 21.0
Other taxes $ 22.3
Utility users tax $ 10.1
Capital grants and contributions $ 15.6
Gain on Sale of Capital Assets and
Miscellaneous $ 3.2
Total: $ 238.9
Expenditures
26%
22%
18%
9%
8%
9% 5% 3%
1%
$222.2
M
Expenditures
Amount
(in millions)
Fire $ 58.8
Police $ 47.9
Public Works $ 40.1
Community Development $ 20.3
Recreation and Parks $ 16.7
General Government $ 20.1
Planning, Building & Transportation $ 10.3
Library $ 6.6
Interest on long-term debt $ 1.4
Total: $ 222.2
GOVERNMENTAL ACTIVITIES
Governmental Funds cover most of the City's basic services, supported by general revenues like taxes and special program revenues such as fees and grants. These funds track how money is received, spent, and what remains at the end of the fiscal year. This tracking helps evaluate the City's ability to meet short-term financial needs.
Revenues
33%
17%
11%
8%
9%
9%
4% 7% 1%
$238.9
M
Fiscal Year 2024-25 Governmental Activities Revenues and Expenditures:
Business-Type Activities Revenues by Source
for the years ended June 30, 2025 and 2024 (in thousands) FY 2025 FY 2024 Difference
Charges for Services $ 94,687 $ 90,458 $ 4,229
Investment Earnings/Rents 5,920 5,559 361
Miscellaneous Revenues 1,788 657 1,131
$ 102,395 $ 96,674 $ 5,721
8 BUSINESS-TYPE ACTIVITIES
Business-Type Activities are the City’s enterprise activities — sewer and electric utility systems (Alameda Municipal Power). Unlike governmental services, these activities are intended to recover all or a significant portion of their costs through user fees and charges.
$13,359
$81,921
$6,101
$73,122
$7,258 $8,799
Revenue Expense Net
Sewer Services Alameda Municipal Power (AMP)
$—
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
$70,000
$80,000
Fiscal Year 2024-25 Business-Type Activities
Operating Revenues and Expenditures (in thousands)
For more information about the financial
position of AMP, their financial reports
are available online at:
alamedamp.com/274/Financial-Reports.
Key takeaway:
Both enterprise
funds ended the
year with revenues
exceeding expenses.
9 Long-Term Debt Obligations (in thousands)
Governmental
Activities
Business-Type
Activities Total
2025 2024 2025 2024 2025 2024
Certificates of Participation $ 3,308 $ 3,968 $ — $ — $ 3,308 $ 3,968 Lease Revenue Bonds 14,470 14,722 — — 14,470 14,722 Revenue Bonds 6,498 6,900 24,052 26,311 30,550 33,211 General Obligation Bonds 4,767 5,217 — — 4,767 5,217 HUD Section 108 Loan 1,792 2,422 — — 1,792 2,422
Other Long-Term Debt 5,366 6,527 — — 5,366 6,527 $ 36,201 $ 39,756 $ 24,052 $ 26,311 $ 60,253 $ 66,067
LONG TERM DEBT & PENSION OBLIGATIONS
Revenue Bonds: a special type of municipal bond distinguished by its guarantee of repayment solely from revenues generated by a specified revenue-generating entity associated with the purpose of the bonds, rather than from a tax, or lease payments associated with a financed project. The City’s Revenue Bonds are as follows: the ARRA bonds, Sewer Revenue Bonds 2012 Series A and AMP Refinancing Revenue Bonds, Series 2010 A/B, 2023 Lease Revenue Bonds.
Long-term debt of Governmental Activities decreased $3.6 million, which is the dollar-for dollar annual debt service payments the City made during the year. The 2024 refinancing loan for the Alameda Reuse and Redevelopment Authority (ARRA) Demand Revenue Bonds was made with the same terms as the debt it refinanced, only with a fixed interest rate rather than a variable rate. Long- term debt of Business-Type Activities decreased $2.3 million during the year as a result of annual debt service payments made. In addition, per capita long-term debt outstanding decreased from $877 to $824 in FY 2024-25.
Net Pension Liabilities for Employee Pension Plans (in millions) $89.2
$94.9
$225.3
$224.1
Miscellaneous Plan Safety Plan (Police & Fire)
$25.0 $50.0 $75.0 $100.0 $125.0 $150.0 $175.0 $200.0 $225.0 $250.0 FY 2024-25
FY 2023-24
Certificates of Participation (COPs): the City enters into a legal agreement with the Alameda Public Financing Authority to lease a specified City property to the Authority for an up-front lump-sum lease payment. The City uses the proceeds to fund major capital improvements and the Authority sells shares of the City’s lease payments to investors. The shares are called COPs and the City’s lease payments are made to the certificate holders over the term of the agreement.
Definitions of Terms
General Obligation (GO) Bonds: 2013 General Obligation Refunding Bonds were approved by voters and the City Council to refund the City’s General Obligation Bonds, Series 2003. The 2003 Bonds were issued to finance the construction and renovation of various public libraries. GO Bonds are not connected to a specific revenue-producing project.
Net Pension Liabilities: The City participates in the California Public Employees’ Retirement System (CalPERS). Under this system, employee retirement benefits are determined by type of work (Safety or Miscellaneous Employee), date of hire, years of service and age of retirement. Both the City and employees contribute toward the pension fund, and the City’s net pension liability is measured as the total pension liability less the plans’ assets.
HUD Section 108 Loan: The City issued $4,906,000 in bonds on January 24, 2019, to refinance its HUD Section 108 Loan, maturing in August 2026 and 2027. The principal is paid annually on August 1st, with interest payments paid February 1st and August 1st each year. The outstanding balance as of June 30, 2025 is $1,792,000.
ERAF = Educational Revenue Augmentation Funds,
which were created by the CA Legislature in 1992 to
relieve pressure on the state’s General Fund while
meeting the constitutional minimum funding
guarantee for K-14 education. The ERAF statute
redirects a portion of property taxes statewide from
cities, counties and special districts to local school
districts and community college districts, reducing the demands on the state’s General Fund.
RESIDUAL FUND BALANCE TREND
*Other Agencies:
EBMUD, BART, EBMUD Special District 1, Bay Area
Air Quality Management, County Flood Control,
School Institute Pupils, Mosquito Abatement, County
Superintendent School Service, School Development
Center, County Superintendent School Capital,
Juvenile Hall Education, School Audio Visual Cap
PROPERTY TAXES
10 Residual Fund Balance
is the remaining
balance after all
commitments and
obligations are
accounted for.
This residual fund
balance is in addition
to the City Council’s
required reserve of
25% of annual
expenditures.
11 Top 10 Principal Property Taxpayers
Taxpayer Taxable
Assessed Value
Percentage of
Total City Taxable
Assessed Value
G and I IX Marina Village Office Park LP $ 430,866,035 2.12 % BRE Alameda I MF Property Owner LLC 257,406,428 1.26 % MGP XII South Shore Center LLC 241,550,460 1.19 %
Alameda Multifamily Owner LLC 212,192,506 1.04 %
Star Harbor Property LLC 189,134,008 0.93 %
PR II BWG Launch Owner LLC 167,152,040 0.82 %
SCG Harbor Bay Parkway Phase II LLC 165,293,550 0.81 % SCG Harbor Bay Parkway Phase I LLC 145,807,946 0.72 % Alameda Affordable Housing Corporation 134,651,810 0.66 % Catellus Alameda Retail LLC 119,124,164 0.58 %
Others 18,304,158,951 89.87 %
Total: $ 20,367,337,898
CAPITAL IMPROVEMENT PROJECTS FUND
In addition to the General Fund, The Capital Improvement Projects (CIP) Fund is considered to be important to financial statement users. This fund accounts for monies for major capital improvement projects across the City. The CIP fund incurred expenditures of $41.0 million for capital projects during FY 2024-25, including the following:
Alameda Point Backbone Infrastructure: $6.5 million
Clement Ave Safety Improvement: $3.1 million
Central Ave Safety Improvement: $4.4 million
Pavement Management: $5.9 million
Sidewalks: $2.5 million
Traffic Signals and Systems: $1.4 million
Sea Level Rise: $0.9 million
The City expects growth in
property tax revenues to
continue due to the inflation-
driven increase in assessments.
The rate of growth has slowed
due to the impact of higher
interest rates on consumer
demand and sales prices, which
impacts property turn-over
and subsequent reassessments.
Property tax has historically
been a stable revenue source
for the City and is expected to
remain so. The City anticipates
a stabilization of property
transfer taxes for the
foreseeable future, as interest
rates stay elevated compared
to recent historical levels.
On November 21, 2023, the City of Alameda adopted its three-year Strategic Plan, which sets forth a shared vision and five strategic priorities that will help shape the future of the City. The Strategic Plan establishes the top projects to help accomplish the vision and priorities during Fiscal Years 2023-24 through 2025-26. The Plan will be refreshed annually, including a progress report and revised project lists. City Council will revisit the vision and priorities and create a new Strategic Plan approximately every 3 years.
CITY OF ALAMEDA’S STRATEGIC PLAN
Invest in public safety staff and resources, including crime prevention, fire infrastructure, disaster preparedness, and legal protections. Expand and maintain City services that support community wellbeing and quality of life, including libraries, parks, and mental health services.
Reduce greenhouse gas emissions and become more resilient and adaptive to climate change through equitable efforts in building decarbonization, solar power and electrification, urban greening, flood protections, and composting.
Upgrade and enhance Alameda’s bicycle, pedestrian, transit, and car infrastructure to increase safety, reliability, sustainability and accessibility. Beautify public places, restore historic buildings, rehabilitate utilities and expand broadband. Support local businesses and workforce development.
Overcome housing challenges and support
unhoused or housing insecure residents
through affordable housing production and
preservation of existing affordable housing
stock, equitable housing practices, housing
assistance programs, and comprehensive
housing and supportive services, including
homelessness prevention.
Increase fiscal resilience and ensure equitable
distribution of public resources. Invest in
equitable, inclusive and sustainable
organizational practices including professional
development, employee engagement and
recognition, safety and wellness programming,
and succession planning. Strengthen public
communications and resident engagement.
The full text of the City of Alameda’s Strategic Plan is available online at:
alamedaca.gov/strategicplan
Invest in Transportation, Infrastructure, Economic Opportunities & Historic Resources House All Alamedans & End Homelessness
Practice Fiscally Responsible, Equitable &
Inclusive Governance
12 Enhance Community Safety & Services
Build Resilience to Climate Change & Water Level Rise
In July 2024, the City of Alameda, in collaboration
with eight other agencies including the Port of
Oakland and the Alameda Transportation Authority,
announced a two-year pilot program for operating a
free ferry service connecting Oakland and Alameda.
The 45-foot yellow pontoon vessel named Woodstock
offers 10-minute trips from the heart of Oakland’s
Jack London Square to Alameda Landing. Since its
launch, it has carried over 170,000 passengers and
38,000 bicycles.
In November 2024 the Alameda Food Bank began
construction of its new permanent facility at Alameda
Point. This facility opened its doors on October 20,
2025, enabling the Food Bank to serve more people and
increase its capacity to accept and store more food.
Designed to enhance visitor experience, the new space
includes new amenities such as a waiting area and
spacious shopping floor.
The Alameda City Attorney’s Office received the
prestigious 2025 American Bar Association’s
Hodson Award, a national honor presented annually
to one government or public-sector law office
recognizing outstanding performance and service.
The award highlights the Office’s innovative legal
work advancing the City Council’s goals of protecting
public safety and preserving affordable housing. In
2021, the Office drafted and defended an urgency
ordinance extending rent control protection to
prevent the displacement of 50 families living at
Barnhill Marina after proposed rent increases of up
to 178%. In November 2024, the Alameda County
Superior Court ruled in the City’s favor and issued a
permanent injunction to prevent further tenant
harassment.
In the fall of 2024, the City unveiled another piece of the Cross Alameda Trail, its newest stretch of
protected bike lane between Willow Street and
Broadway. This stretch includes two travel lanes for
automobiles and trucks, a two-way separated bikeway
on the north side of the street, parking on the south
side of the street and intermittent parking on the
north side. There are also high visibility crosswalks, curb extensions and daylighted intersections between
Grand Street and Broadway.
Fire Chief Nicolas Luby & members of the CARE Team
SIGNIFICANT EVENTS AND ACCOMPLISHMENTS13
AWARDS & RECOGNITIONS
14 The City of Alameda received its first award from the Government Finance Officers Association (GFOA) for its Popular Annual Financial Report (PAFR) for the fiscal year ending June 30, 2024.
The Award is a significant accomplishment for the City and reflects its commitment to making financial information clear and accessible to the public. To qualify for the award, the City must also submit its Annual Comprehensive Financial Report and receive GFOA’s Certificate of Achievement for Excellence in Financial Reporting Program in the same fiscal year. All eligible reports are carefully reviewed by judges and evaluated on the following categories: reader appeal, understandability, distribution methods, creativity and other elements.
POPULAR ANNUAL FINANCIAL REPORT AWARD
• Received 2024
CERTIFICATE OF ACHIEVEMENT FOR EXCELLENCE
IN FINANCIAL REPORTING
• Received 34 awards and counting
15 Amy Wooldridge, Assistant City Manager
Ross McCarthy, Finance Director
Abigail Thorne-Lyman, Base Reuse and Economic Development Director
Nishant Joshi, Chief of Police
Sarah Henry, Communications and Legislative Affairs Officer Nicolas Luby, Fire Chief
Yibin Shen,
City Attorney
Not pictured:
Adam Politzer
Interim City
Manager
Kevin Kearney
City Auditor
Kevin Kennedy
City Treasurer
Lara Weisiger
City Clerk
PRINCIPAL OFFICERS
CITYWIDE ORGANIZATION CHART WITH BUDGETED EMPLOYEES
Executive Management Team
Tim Haines, General Manager, Alameda Municipal Power
Noelle White, Human Resources Director
Demetrius Cagampan, Information Technology Director
Michael Eitner, Library Director
Allen Tai, Planning, Building and Transportation Director Erin Smith, Public Works Director
Justin Long, Recreation and Park Director
CIVIC ENGAGEMENT OPPORTUNITIES
Civil Service
Golf
Hearing & Appeals (Pending)
Historical Advisory
Library
Open Government
Pension
Community input is essential to
providing and maintaining quality
services in the City of Alameda.
To solicit this input, Boards and
Commissions of citizens are formed
to assist the City Council in making
policy decisions that impact
the community.
Your city needs you!
16 Boards & Commissions:
Persons with Disabilities
Planning
Public Art
Public Utilities
Recreation and Park
Social Service Human Relations
Transportation
Interested in applying for a board or commission? Please visit:
alamedaca.gov/Government/Boards-Commissions/Applications-Appointments-and-Vacancies We hope that this PAFR has been helpful to you! If you have additional questions or comments, please reach out to us at:
City of Alameda
Finance Department
2263 Santa Clara Avenue
Alameda, CA 94501
510-747-4881
[email protected]
This Popular Annual Financial Report (PAFR) has been prepared to inform the community about the City of Alameda and its operations, services and programs along with its financial position for the fiscal year ending June 30, 2025. It is a condensed format designed especially for readers who prefer to review financial and operational information in summary form and does not substitute for the City’s Annual Comprehensive Financial report (ACFR). This publication is derived from information provided in the ACFR which is based on generally accepted accounting principles (GAAP) but is not inclusive of all funds. The City’s ACFR has been audited by Maze & Associates Accountancy Corporation, an independent firm of certified public accountants. The auditors’ report concluded that the financial statements fairly reflect the financial condition of the City in all material respects.
Design by Amy Little and Caroline Radonich. Photos
courtesy of Alameda Museum, Jean Chen, Maurice
Ramirez, Jason Tinacci for St. George Spirits and Bryan Woo social media. Additional graphics by Caroline
Radonich, the City of Alameda and civicmakers. Map
by Zachary Baron. History Credits : Alameda Museum;
Alameda Post; City of Alameda; UC Berkeley Centers
for Educational Justice & Community Engagement;
Muwekma Ohlone Tribe; Western Railway Museum.