REGULAR CITY COUNCIL MEETING AGENDA
City Hall - Council Chambers
4381 Broadway St., Suite 201, American Canyon
May 17, 2022
6:30 PM
Consistent with Government Code Secon 54953 and the American Canyon City Council Resoluon Declaring the Existence of a Local Emergency due to the COVID-19 Pandemic, City Council and other public meengs will be conducted both in person at City Hall, 4381 Broadway, Suite 201, and also via Zoom Teleconferencing to promote local, state, and federal guidelines and social distancing recommendaons for the containment of the coronavirus. City officials and members of the public are invited to a5end the meeng either in person or via teleconference. This meeting will be broadcast live to residents on Napa Valley TV, on our website here and on YouTube here.
PUBLIC PARTICIPATION
Oral comments, during the mee*ng: Oral comments can be made in person during the mee$ng. A Zoom Webinar has been established for public comments made via zoom. To give your public comment via zoom, use the Register to Speak feature of eComments, connect via the below Zoom link and use the “raise your hand” tool, or call into the zoom mee$ng at 408-638-0968 and press *9 to “raise your hand” when the item is called. To avoid confusion, all hands raised outside of Public Comment periods will be lowered.
Written comments, via eComments: Please submit wri3en comments through the eComments link, located on the Mee$ngs & Agendas page of our websitehere. Comments will be available to council members in real $me. eComments will remain open throughout the mee$ng. All comments received will be posted online and become part of the meeting record.
Zoom Meeting Link: Click here
Webinar ID: 836 1946 5437 Passcode: 873516
The above-iden$fied measures exceed all legal requirements for par$cipa$on in public comment, including those imposed by the Ralph M. Brown Act. For more informa$on, please call the Office of the City Clerk at (707) 647-4369 or email [email protected].
AGENDA MATERIALS: City Council agenda materials are published 72 hours prior to the mee$ng and are available to the public via the City’s website at www.cityofamericancanyon.org.
AMERICANS WITH DISABILITIES ACT: The City Council will provide materials in appropriate alterna$ve formats to comply with the Americans with Disabili$es Act. Please send a wri3en request to City Clerk at 4381 Broadway, Suite 201, American Canyon, CA 94503 or by email to [email protected]. Include your name, address, phone number and brief descrip$on of the requested materials, as well as your preferred alterna$ve format or auxiliary aid, at least three calendar days before the meeting.
Mayor: Leon Garcia
Vice Mayor: Mariam Aboudamous
Councilmembers: Mark Joseph, David Oro, Pierre Washington CITY COUNCIL MEETING AGENDA MAY 17, 2022
1 PUBLIC ADDRESS – CLOSED SESSION 4:30 P.M.
The Mayor will call the meeng to order and conduct role call. Council will immediately convene into Closed Session a9er hearing any public comment on Closed Session items. At 6:30 p.m. the Council will reconvene into Open Session and then resume Closed Session at the end of the meeting to address outstanding items, if necessary. 4:30 P.M. CLOSED SESSION
1. Conference with Real Property Nego*ator: Authorized pursuant to Government Code section 54956.8.
Property: APN 058-320-015 (Right of Way at Napa Junction Road) Agency Negotiator: Jason Holley, City Manager
Negotiating Parties: City of American Canyon and Napa Valley Unified School District Under Negotiation: Terms of Acquisition of Property
2. Conference with Legal Counsel – Existing Litigation
One Matter
(People of the State of California v. Sean Vickers; Napa Superior Court Case No. 22CR000124)
3. Conference with Legal Counsel – Anticipated Litigation Pursuant to Government Code Section 54956.9 (d)(2).
Two Matters.
6:30 P.M. OPEN SESSION - REGULAR MEETING
CALL TO ORDER
PLEDGE OF ALLEGIANCE
ROLL CALL
REPORT ON CLOSED SESSION/CONFIRMATION OF REPORTABLE ACTION
PROCLAMATIONS AND PRESENTATIONS
4. Proclamation - Memorial Day, May 31, 2022
5. Proclamation - Historic Preservation Month
6. Proclamation - National Public Works Week
7. Proclamation - Asian American and Native Hawaiian/Pacific Islander Heritage Month
8. Presentation - Parks and Community Services CAPRCBM Recognition Award Recommendation:
CITY COUNCIL MEETING AGENDA MAY 17, 2022
2 PUBLIC COMMENTS - ITEMS NOT ON THE AGENDA
This me is reserved for members of the public to address the City Council on items of interest that are not on the Agenda and are within the subject ma5er jurisdicon of the City Council. Comments are limited to 3 minutes.
Comments for items on the Agenda will be taken when the item is called. The City Council is prohibited by law from taking any acon on ma5ers discussed that are not on the Agenda, and no adverse conclusions should be drawn if the City Council does not respond to public comment at this me. Speakers are asked to please speak clearly, and provide their name. Any handouts for distribuon to the City Council must be emailed by 3:00 p.m. on meeng day. To comment via zoom during the meeng: click the “raise your hand” bu5on if joining by computer, or press *9 if joining by phone, when the item is called. To avoid confusion, hands raised outside of Public Comment periods will be lowered.
AGENDA CHANGES
The Mayor and Council may change the order of the Agenda or request discussion of a Consent Item. A member of the Public may request discussion of a Consent Item by making that request during Public Comment.
CONSENT CALENDAR
9. Minutes of May 3, 2022
Recommendation: Approve the minutes of the City Council meeting of May 3, 2022.
10. AB361 In Person and Remote Teleconferenced Meetings - May 17, 2022 - June 17, 2022 Recommendation: Adopt a Resolu$on reaffirming that, due to the con$nuing COVID-19 Pandemic, a local emergency exists, re-ra$fying the Proclama$on of a State of Emergency by Governor Newsom on March 4, 2020, and authorizing in-person and remote teleconferenced mee$ngs of legisla$ve and advisory bodies of the City of American Canyon for the period of April 19, 2022 to May 19, 2022 pursuant to to Ralph M. Brown Act.
11. Mower Purchase Parks Maintenance
Recommendation: Adopt a Resolu$on approving the purchase of a new RC MOWER TK - 52XP for Parks Maintenance in an amount not to exceed $65,000
12. 3rd Quarter Investment Report for the City and Fire District Recommendation: Receive and file the City and Fire District’s Treasurer’s Report for the month ended March 31, 2022.
13. Water Meter Purchase
Recommendation: Adopt a Resolu$on approving the purchase of water meters from AquaMetric Sales, Co. in an amount not to exceed $75,000
PUBLIC HEARINGS
There are no public hearing items.
BUSINESS
14. Proposed Fiscal Year 2022-23 Budget
Recommendation: Review Proposed Fiscal Year 2022-23 Budget and discuss Key CITY COUNCIL MEETING AGENDA MAY 17, 2022
3 Performance Indicators.
15. Law Enforcement Services Contract Amendment
Recommendation: Adopt a Resolu$on approving Amendment 18 to Napa County Agreement No. 3220 with the Napa County Sheriff’s Office for law enforcement services for the period January 7, 2023 through June 30, 2024.
16. Projects Funded by SB1/RMRA for Fiscal Year 2022/23 Recommendation: Adopt a Resolu$on approving a list of projects for Fiscal Year 2022-23 funded by SB1: The Road Repair and Accountability Act of 2017.
MANAGEMENT AND STAFF ORAL REPORTS
MAYOR/COUNCIL COMMENTS, COMMITTEE REPORTS, AND FUTURE AGENDA ITEMS The Mayor and Council may comment on ma5ers of public concern and announce ma5ers of public interest; no collective council action will be taken.
17. City Council Committee Report - Councilmember Mark Joseph
18. City Council Committee Report - Councilmember Pierre Washington
ADJOURNMENT
CERTIFICATION
I, Taresa Geilfuss, City Clerk for the City of American Canyon, do hereby declare that the foregoing Agenda of the City Council was posted in compliance with the Brown Act prior to the meeting date. ______________________________________
Taresa Geilfuss, City Clerk
CITY COUNCIL MEETING AGENDA MAY 17, 2022
4 CITY OF AMERICAN CANYON
PROCLAMATION
Memorial Day – May 31, 2022
WHEREAS, on Memorial Day, we undertake our solemn duty to remember the courageous men and women who made the ultimate sacrifice in the defense of our country and the cause of freedom around the world; and
WHEREAS, as we honor those who answered the call of duty, we understand and appreciate the values of patriotism, citizenship, commitment, honor and duty; and WHEREAS, when we consider their sacrifice, we must never forget that freedom comes at a cost, and we are the beneficiaries of their sacrifice; and
WHEREAS, even though the loss of a fallen hero can never be replaced, Memorial Day is an opportunity for all of us to recognize and honor our Gold Star families through faith, love, and peace; and
WHEREAS, the American Canyon Troop Support, Vallejo VFW Post 1123, Napa American Legion Post 113, American Canyon Lions Club, Boy Scout Troop 7062, and Cub Scout Troop 7178 joined Gold Star families, various community leaders and members will be gathering in remembrance at Veterans Memorial Park on May 31, 2022, for a Memorial Day Ceremony.
NOW, THEREFORE, BE IT RESOLVED that I, Leon Garcia, Mayor of the City of American Canyon on behalf of the City Council, do proclaim Monday, May 31, 2022 as Memorial Day - a day for paying our respects and honoring the men and women who gave their lives serving our country, and to their families who continue to honor their memory and legacy.
Dated: May 17, 2022 ____________________________________ Mayor Leon Garcia
5 CITY OF AMERICAN CANYON
PROCLAMATION
Historic Preservation Month - May 2022
WHEREAS, the National Park Service’s Register of Historic Places is authorized by the National Historic Preservation Act of 1966. The National Register program coordinates and supports public and private efforts to identify, evaluate, protect, and adapt for re-use, America's historic, cultural, and archeological resources; and
WHEREAS, in 1973, May was designated “Preservation Month” to raise awareness of historic preservation and the continuity it build between past, present, and future to instill national and community pride, promote heritage tourism and show the social, economic, and environmental benefits of historic preservation; and
WHEREAS, Napa County is home to irreplaceable historic resources including stone bridges, 19th Century wineries, Victorian-era commercial buildings, our WPA-era Post Offices as well as architect-designed residences; and
WHEREAS, Napa County Landmarks (NCL), founded in 1974 by John Whitridge, is a non-profit organization that fosters appreciation and preservation of historic buildings, sites, and districts through education programs, public policy, research, and technical assistance; and WHEREAS, NCL creates community discussion and preservation of our historic resources to protect and re-use them, create jobs, stabilize property values, and preserve existing housing stock; and
WHEREAS, throughout the year, NCL creates awareness of historic preservation through the Holiday Home Tour, Annual Preservation Awards, walking tours of historic areas as well as the creation of the Ten Threatened Treasures list of historic places facing neglect and potential demolition: and
WHEREAS, NCL provides high school scholarships to promote interest in Napa County history in our local youth as well as distributes A Napa Coloring Book free to NVUSD third graders in Napa County; and
6 WHEREAS, annually, NCL recognizes Napa County preservation through the Preservationist of the Year award and Awards of Merit to honor those who have restored existing buildings at least 50 years old or have rehabilitated or adapted an historic building or site for a new use; and NOW, THEREFORE BE IT RESOLVED, that I, Leon Garcia, Mayor of American Canyon, along with the American Canyon City Council, do herby proclaim, May as Historic Preservation Month and call on our citizens to support preservation and Napa County Landmarks efforts to preserve the rich history of Napa.
Dated: May 17, 2022 __________________________
Leon Garcia, Mayor
7 CITY OF AMERICAN CANYON
PROCLAMATION
MAY 15 – MAY 21, 2022
“NATIONAL PUBLIC WORKS WEEK”
WHEREAS, public works professionals are the behind-the-scenes employees who focus on infrastructure, facilities and services that are of vital importance to our community, and their work is essential to the public health, quality of life, safety and well-being of the people of the City of American Canyon; and
WHEREAS, the City of American Canyon’s infrastructure, facilities and services could not be provided and maintained without the efforts of our public works professionals; and WHEREAS, the City of American Canyon Public Works and Maintenance and Utilities Department work forces are a diverse, hard-working group of dedicated first responders - including engineers, supervisors, lead workers, maintenance workers, mechanics, technicians, and water and wastewater operators - who are responsible for maintaining, improving and protecting our City’s streets, creeks, water treatment, wastewater treatment, public buildings, parks, public landscaping, and structures and facilities essential for the sustainability of American Canyon; and WHEREAS, it is in the public interest for the residents, students, business owners and community leaders in the City of American Canyon to understand the vital importance of public works, and to support the success of public works programs in our community; and WHEREAS, the year 2022 marks the 62nd annual National Public Works Week sponsored by the American Public Works Association it is the pleasure of the City of American Canyon to again join with the APWA to recognize and commend all public works professionals in the City of American Canyon and throughout the State of California; and
NOW, THEREFORE, be it resolved that I, Leon Garcia, Mayor of the City of American Canyon, on behalf of the American Canyon City Council, do hereby proclaim this week, May 15 through May 21, 2022, as “National Public Works Week” in the City of American Canyon and call upon all residents to recognize and give thanks for all of the contributions the City’s public works professionals make every day to our health, safety, comfort, and quality of life.
Dated: May 17, 2022 __________________________________________ Leon Garcia, Mayor
8 CITY OF AMERICAN CANYON
PROCLAMATION
Acknowledging May as Asian and
Native Hawaiian/Pacific Islander Heritage Month
WHEREAS, this May, during Asian American and Native Hawaiian/Pacific Islander Heritage Month, we recognize the history and achievements of Asian Americans, Native Hawaiians, and Pacific Islanders (AANHPIs) across our Nation. We reflect on the tradition of leadership, resilience, and courage shown by AANHPI communities, and recommit to the struggle for AANHPI equity.
WHEREAS, Asian Americans, and Native Hawaiians, and Pacific Islanders make our Nation more vibrant through diversity of cultures, languages, and religions. There is no single story of the AANHPI experience, but rather a diversity of contributions that enrich America’s culture and society and strengthen the United States’ role as a global leader. The American story as we know it would be impossible without the strength, contributions, and legacies of AANHPIs who have helped build and unite this country in each successive generation.
WHEREAS, despite the strength shown and successes achieved, AANHPI communities face systemic barriers to economic justice, health equity, educational attainment, and personal safety. We recognize the heightened fear felt by many Asian American communities in the wake of increasing rates of antiAsian harassment and violence. We will continue to stand shoulder to shoulder with AANHPI citizens of our community in condemning, denouncing, and preventing these acts of violence. We will continue to look for opportunities to heal together and fight against all racism.
WHEREAS, we affirm that Asian Americans, Native Hawaiians, and Pacific Islanders make our community stronger. We urge our friends, neighbors and people in our community to join us this month in celebrating AANHPI history, people, and cultures.
NOW, THEREFORE, I, Mayor Leon Garcia, on behalf of the City of American Canyon, do hereby proclaim May, 2022 as Asian American and Native Hawaiian/Pacific Islander Heritage Month. I call upon the people of American Canyon to learn more about the history of Asian Americans, Native Hawaiians, and Pacific Islanders, and to observe this month with appropriate programs and activities.
Dated: May 17, 2022 __________________________
Leon Garcia, Mayor
9 CITY OF AMERICAN CANYON
REGULAR CITY COUNCIL MEETING
ACTION MINUTES
May 3, 2022
PUBLIC ADDRESS – CLOSED SESSION 5:30 P.M.
5:30 P.M. CLOSED SESSION
1. Conference with Real Property Negotiator: Authorized pursuant to Government Code section 54956.8. Property: APN 058-320-015 (Right of Way at Napa Junction Road) Agency Negotiator: Jason Holley, City Manager Negotiating Parties: City of American Canyon and Napa Valley Unified School District Under Negotiation: Terms of Acquisition of Property
2. Conference with Legal Counsel – Anticipated Litigation Pursuant to Government Code Section 54956.9 (d)(2). Two Matters.
6:30 P.M. OPEN SESSION - REGULAR MEETING
CALL TO ORDER
The meeting was called to order at 6:45 p.m.
PLEDGE OF ALLEGIANCE
The Pledge of Allegiance was recited.
MEETING ANNOUNCEMENT
ROLL CALL
Present: Mayor Leon Garcia, Councilmember Mark Joseph, Councilmember David Oro, Councilmember Pierre Washington
Absent: None
REPORT ON CLOSED SESSION/CONFIRMATION OF REPORTABLE ACTION City Attorney William Ross provided an oral report upon return from closed session. Closed session commenced at 5:30 p.m. Closed session recessed at 6:30 p.m. with the intention of reconvening after the open session. A written report will be provided. 10 PROCLAMATIONS AND PRESENTATIONS
3. Proclamation recognizing May as Water Safety Month.
Mayor Garcia announced the proclamation.
4. Proclamation recognizing May as National Bike Month.
Mayor Garcia announced the proclamation. It was accepted by Kara Venor of the Napa Valley Bike Coalition.
5. Proclamation recognizing May 1 - May 7, 2022, as Professional Municipal Clerk's Week.
Mayor Garcia announced the proclamation. City Clerk Taresa Geilfuss accepted it on behalf of the Office of the City Clerk.
6. Proclamation recognizing May as Mental Health Awareness Month.
Mayor Garcia announced the proclamation.
7. Receive a presentation from the Napa County Animal Shelter.
Council received a presentation from Leigh Sharp, Napa County Deputy Director of Public Works - General Services and Katie Ribardiere, Animal Shelter Manager. Mayor Garcia called for public comments. Written comments: Rose Maldonado, Rose Negrete, Tammy Wong, Chris James, Michelle Leighty. Oral comments: Rose Negrete was called to speak; Michelle Leighty was called to speak; Tammy Wong was called to speak; Justin Hamilton Hole was called to speak; Rose Negrete spoke again; Jamie Holder was called to speak. The public comments period was closed.
PUBLIC COMMENTS - ITEMS NOT ON THE AGENDA
Mayor Garcia called for public comments. Written comments: Rose Maldonado, Rose Negrete, Tammy Wong, Chris James, Michelle Leighty, Karina Servente, Karen Brorby. Oral comments: Rick Hess was called to speak; Jamie Holder was called to speak; Beth Marcus was called to speak; Brian Lopez was called to speak; Justin Hamilton Hole was called to speak; Karen Fritz was called to speak; Silvia Regalado-Zachlod was called to speak. The public comments period was closed.
AGENDA CHANGES
There were no changes to the agenda.
CONSENT CALENDAR
Action: Motion to adopt the Consent Calendar made by Councilmember David Oro, seconded by Councilmember Pierre Washington, and CARRIED by roll call vote.
Ayes: Mayor Leon Garcia, Councilmember Mark Joseph, Councilmember David Oro, Councilmember Pierre Washington
Nays: None
Abstain: None
11 Absent: Vice Mayor Mariam Aboudamous (excused.)
8. Minutes of April 19, 2022
Action: Approved the minutes of the April 19, 2022, City Council meeting.
9. Report upon Return from Closed Session - April 19, 2022 Action: Approved the Report Upon Return from Closed Session for the meeting of April 19, 2022.
10. AB 481 Military Equipment Ordinance
Action: Waived second reading, read by title only, and adopted Ordinance 2022-03 establishing a Military Equipment Use Policy Pursuant to AB 481 for the American Canyon Police Department.
11. Oat Hill Multifamily Residential Project – Final Maps and Agreements Action: Adopted Resolution 2022-32 taking the following actions in conjunction with the Oat Hill Multifamily Residential Project (“Project”): Approving a two Final Maps to subdivide sub-divide the Property for development of 291 residential units and associated amenities on Parcels A and B and to accept the referenced dedications offered thereon, approving a Subdivision Improvement Agreement 2022-49 for the Project; and approving a Fee Credit Reimbursement Agreement 2022-50 for the Project.
PUBLIC HEARINGS
There were no Public Hearing items.
BUSINESS
12. Enhanced Solid Waste Services and Rates (SB 1383)
Council received a staff report from Public Works Director Erica Ahman Smithies, who introduced Derek Nelson, General Manager of Vallejo Recology who shared a presentation. Mayor Garcia called for public comments. Written comments: none. Oral comments Beth Marcus was called to speak; Sindy Biederman was called to speak; Justin Hamilton Hole was called to speak. The public comments period was closed.
Action: Council provided direction regarding enhanced solid waste services and rates required by SB 1383.
13. Award Construction Contract for the Eucalyptus Sidewalk Gap Closure Project (TR19-0400) Council received a staff report from Public Works Director Erica Ahman Smithies. Mayor Garcia called for public comments. Sindy Beiderman was called to speak. The public comments period was closed.
Action: Motion to adopt Resolution 2022-33 taking the following actions in conjunction with the Eucalyptus Sidewalk Gap Closure Project: Increase the Eucalyptus Sidewalk Gap Closure Project Budget (TR19-0400) by $40,000 to $315,000; award construction contract 12 2022-51 to FJ & I Engineering, Inc. in the amount of $219,186; and authorize the Public Works Director to approve Contract Change Orders in an aggregate amount not to exceed the Project Budget.
made by Councilmember Mark Joseph, seconded by Councilmember Pierre Washington, and CARRIED by roll call vote.
Ayes: Mayor Leon Garcia, Councilmember Mark Joseph, Councilmember David Oro, Councilmember Pierre Washington
Nays: None
Abstain: None
Absent: Vice Mayor Mariam Aboudamous (excused)
14. Residential Recycled Water Delivery Program
Council received a staff report from Maintenance & Utilities Director Felix Hernandez, III with Pam Philips, (title). Mayor Garcia called for public comments. Written comments: none. Oral comments: Beth Marcus was called to speak. The public comments period was closed.
Action: Motion to adopt Adopt Resolution 2022-34 authorizing the City Manager to enter into agreement 2022-52 with American Tank & Water Hauling in the amount not to exceed $194,000 to administer the Residential Recycled Water Delivery Program. made by Councilmember David Oro, seconded by Councilmember Mark Joseph, and CARRIED by roll call vote.
Ayes: Mayor Leon Garcia, Councilmember Mark Joseph, Councilmember David Oro, Councilmember Pierre Washington
Nays: None
Abstain: None
Absent: Vice Mayor Mariam Aboudamous
MANAGEMENT AND STAFF ORAL REPORTS
Maintenance & Utilities Director Felix Hernandez, III, Communications Manager Jen Kansanback, and Parks & Recreation Director Alexandra Ikeda and Public Works Director Erica Ahman Smithies announced items of community interest.
MAYOR/COUNCIL COMMENTS, COMMITTEE REPORTS, AND FUTURE AGENDA ITEMS
15. City Council Committee Report - Councilmember Mark Joseph
16. City Council Committee Report - Councilmember Pierre Washington Mayor Garcia provided his report orally.
Councilmembers commented on items of interest.
13 Future agenda items:
Items of council concern were identified and follow up steps were provided by City Manager Jason Holley.
ADJOURNMENT
Meeting adjourned to closed session at 9:55 p.m.
CERTIFICATION
Respectfully Submitted,
_____________________________________
Taresa Geilfuss, City Clerk
14 CITY COUNCIL AGENDA
MAY 17, 2022
STAFF REPORT
CONSENT
ITEM NUMBER: 10.
TITLE
AB361 In Person and Remote Teleconferenced Meetings - May 17, 2022 - June 17, 2022
RECOMMENDATION
Adopt a Resolu.on reaffirming that, due to the con.nuing COVID-19 Pandemic, a local emergency exists, re-ra.fying the Proclama.on of a State of Emergency by Governor Newsom on March 4, 2020, and authorizing in-person and remote teleconferenced mee.ngs of legisla.ve and advisory bodies of the City of American Canyon for the period of April 19, 2022 to May 19, 2022 pursuant to to Ralph M. Brown Act.
CONTACT
William D. Ross, City Attorney
BACKGROUND & ANALYSIS
Because of the COVID-19 Pandemic, the City Council, as well as the City Planning Commission and Board of Directors of the American Canyon Fire Protec.on District, have been conduc.ng mee.ngs via Zoom teleconference, as allowed by Execu.ve Order N-29-20. However, the Execu.ve Order expired on September 30, 2021.
Assembly Bill 361, which was approved at by the Governor on September 16, 2021, allows local agencies such as the City to con.nue to meet by Zoom or other teleconferencing methods, provided that certain conditions are met.
The effect of Execu.ve Order N-29-20 was to suspend certain provisions of the Ralph M. Brown Open Mee.ng Act (Government Code Sec.on 54950 et seq.), which only allowed remote teleconference par.cipa.on by City Council Members through a pos.ng process at each teleconferenced member’s loca.on, with agenda provisions indica.ng that each teleconferenced location be accessible to the public.
Enclosed is a Resolu.on which would comply with the provisions of AB 361 to allow con.nued Zoom mee.ngs of the City Council, while also allowing the conduc.ng of in-person mee.ngs. This “hybrid” style of mee.ng con.nues to promote social distancing by allowing members of the Council, City Staff, and members of the public to par.cipate in the manner in which they feel most safe, thereby promo.ng public par.cipa.on while simultaneously protec.ng vulnerable members of the public, 15 such as those with compromised immune systems.
The ability to con.nue to meet by Zoom, even in conjunc.on with Open Mee.ngs, can be accomplished by the City Council provided that monthly resolu.ons as agendized are enacted with provisions referencing appropriate confirmation of declared emergencies are described.
Stated plainly, the City Council will have to enact a “361 Resolu.on” at least every 30 days to allow the Zoom teleconferencing procedure to continue.
Changes to the first page of the City Council Agendas were made made beginning October 2021, as the means for the public to par.cipate via con.nued Zoom teleconference will have to be described consistent with the AB 361 procedures rather than the now-expired Executive Order N-29-20.
These changes indicate that, pursuant to this authority, members of the public and members of the City Council may con.nue to par.cipate by Zoom video/teleconferencing, or alterna.vely participate in person at the designated physical meeting location.
COUNCIL PRIORITY PROGRAMS AND PROJECTS
Not applicable.
FISCAL IMPACT
None.
ENVIRONMENTAL REVIEW
15378(b) - The ac.on is not a "Project" subject to the California Environmental Quality Act ("CEQA") because it does not qualify as a "Project" under Public Resources Code Sec.ons 21065 and 21080 and in Section 15378(b) of Title 14 of the California Code of Regulations.
ATTACHMENTS:
1. Resolution AB361
16 1
RESOLUTION NO. 2022-______
A RESOLUTION OF THE CITY OF AMERICAN CANYON CITY COUNIL REAFFIRMING THAT A
LOCAL EMERGENCY EXISTS, RE-RATIFYING THE PROCLAMATION OF A STATE OF EMERGENCY BY GOVERNOR NEWSOM ON MARCH 4, 2020, AND AUTHORIZING IN-PERSON AND REMOTE
TELECONFERENCED MEETINGS OF LEGISLATIVE AND ADVISORY BODIES OF THE CITY OF AMERICAN CANYON FOR THE PERIOD OF APRIL 19, 2022 – MAY 19, 2022 PURSUANT TO THE RALPH M. BROWN ACT
WHEREAS, the City of American Canyon (“City”) is committed to preserving and nurturing public access and participation in meetings of the American Canyon City Council (“City Council”), Council committees, Planning Commission, and all other advisory, elected and appointed committees and commissions (“City Decision Making Bodies”); and,
WHEREAS, all meetings of the City’s legislative bodies are open and public, as required by the Ralph M. Brown Act (Cal. Gov. Code 54950 – 54963), so that any member of the public may attend, participate, and watch the City’s legislative bodies conduct their business; and, WHEREAS, the Brown Act, Government Code section 54953(e), makes provisions for remote teleconferencing participation in meetings by members of a legislative body, without compliance with the requirements of Government Code section 54953(b)(3), subject to the existence of certain conditions; and,
WHEREAS, a required condition for such teleconference meetings is that a state of emergency be declared by the Governor pursuant to Government Code section 8625, proclaiming the existence of conditions of disaster or of extreme peril to the safety of persons and property within the state caused by conditions as described in Government Code section 8558; and, WHEREAS, that proclamation is made when there is an actual incident, threat of disaster, or extreme peril to the safety of persons and property within the jurisdictions that are within the City’s boundaries, caused by natural, technological, or human-caused disasters; and, WHEREAS, that proclamation also requires that state or local officials have imposed or recommended measures to promote social distancing, or, the legislative body meeting in person would present imminent risks to the health and safety of attendees; and, WHEREAS, emergency conditions exist in the City, specifically, a State of Emergency has been proclaimed by Governor Newsom on March 4, 2020, proclaiming a State of Emergency to exist in California as a result of the threat of COVID-19; and,
17 2
WHEREAS, during the COVID-19 pandemic, the City Council has conducted remote, teleconferenced meetings consistent with the Governor’s Executive Orders promoting social distancing;
WHEREAS, consistent with AB 361, as a condition of extending the use of the provisions found in section 54953(e), the City Council must reconsider the circumstances of the state of emergency that exists in the City, and the City Council has done so; and, WHEREAS, in response to COVID-19, the Governor of the State of California issued a Proclamation of a State of Emergency in response to COVID-19 on March 4, 2020, and issued Executive Order N-25-20 on March 12, 2020 proclaiming temporary amendments to State law and regulations related thereto; and
WHEREAS, on March 16, 2020 the City’s Director of Emergency Services issued a Proclamation of a Local Emergency by the City of American Canyon Director of Emergency Services and Acknowledgement of a State Proclamation Declaring of a State of Emergency and Acknowledgement of a Federal Proclamation Declaring of a National Emergency (P2020-001) (the “Proclamation”); and
WHEREAS, due to the emergence of new variants of COVID-19, such as Delta Variant, followed by the surging Omicron Variant of COVID-19, not all members of the public may feel safe to participate personally at in-person meetings; and,
WHEREAS, the City Council has determined that conducting “hybrid” style meetings with the option for members of the public and members of the City Council to attend either virtually or in person would allow participation in a manner in which individuals feel most safe, thereby promoting public participation while simultaneously promoting social distancing and protecting vulnerable members of the public, such as those with compromised immune systems ; and, WHEREAS, as a consequence of the local emergency, the City Council does hereby find that City Decision Making Bodies shall conduct their meetings without compliance with paragraph (3) of subdivision (b) of Government Code section 54953, as authorized by subdivision (e) of section 54953, and that such legislative bodies shall comply with the requirements to provide the public with access to the meetings as prescribed in paragraph (2) of subdivision (e) of section 54953; and,
WHEREAS, the City is providing teleconference access via a conference phone-line number to the meetings to ensure public access.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AMERICAN CANYON DOES HEREBY RESOLVE AS FOLLOWS:
Section 1. Recitals. The Recitals set forth above are true and correct and are incorporated into this Resolution by this reference.
18 3
Section 2. Affirmation that Local Emergency Exists. The City Council hereby proclaims that a local emergency continues to exist throughout the City, and the surging of Delta and Omicron Variants of COVID-19 would present an imminent risk to meeting in person.
Section 3. Re-Ratification of the Governor’s Proclamation of a State of Emergency. The City Council hereby re-ratifies the Governor’s Proclamation of State of Emergency issued on March 4, 2020.
Section 4. Remote Teleconference Meetings. City Decision Making Bodies and City Staff are hereby authorized and directed to take all actions necessary to carry out the intent and purpose of this Resolution, including conducting open and public teleconferenced meetings in accordance with Government Code section 54953(e) and other applicable provisions of the Brown Act.
Section 5. Effective Date of Resolution. This Resolution shall take effect immediately upon its adoption and shall be effective until such time as the City Council adopts a subsequent Resolution in accordance with Government Code section 54953(e)(3) to extend the time during which City Decision Making Bodies may continue to conduct teleconferenced meetings without compliance with paragraph (3) of subdivision (b) of section 54953.
PASSED, APPROVED and ADOPTED at a regularly scheduled meeting of the American Canyon City Council held on the 19th day of April 2022, by the following vote:
AYES:
NOES:
ABSTAIN:
ABSENT:
Leon Garcia, Mayor
ATTEST: APPROVED AS TO FORM
Taresa Geilfuss, City Clerk William D. Ross, City Attorney 19 CITY COUNCIL AGENDA
MAY 17, 2022
STAFF REPORT
CONSENT
ITEM NUMBER: 11.
TITLE
Mower Purchase Parks Maintenance
RECOMMENDATION
Adopt a Resolu(on approving the purchase of a new RC MOWER TK -52XP for Parks Maintenance in an amount not to exceed $65,000
CONTACT
Felix Hernandez, III, Maintenance and Utilities Director Brian Materne, Superintendent
BACKGROUND & ANALYSIS
The City’s Park Maintenance Division maintains Parks and Open Space, along riparian areas and fields within the City. The division uses a combina(on of mechanical and hand mowing in these areas. Some of the condi(ons in these areas are steep slopes and thick brush along roadways and creeks, limi(ng the use of a larger pieces of equipment, thus staff is required to perform weed abatement, mowing, and maintenance by hand. The mower is remote control and will allow staff to safely access steep areas and maneuver under the ground-mounted solar panel areas. This equipment will help the maintenance func(on be more efficient and reduce the risk of injury to staff by minimizing staff exposure to steep slopes and thick brush along roadways.
Purchasing this piece of equipment will enable Parks Maintenance staff to improve the efficiency and produc(vity needed to maintain the open fields and riparian areas at the level of service the City residents and City Council expects from staff.
COUNCIL PRIORITY PROGRAMS AND PROJECTS
Infrastructure: "Develop and maintain infrastructure resources to support sustainable growth."
FISCAL IMPACT
The FY21/22 fiscal budget includes funds for this equipment purchase in account 100-40-540-46120, Vehicles, in the amount of $65,000.
ENVIRONMENTAL REVIEW
20 15378(b) - The ac(on is not a "Project" subject to the California Environmental Quality Act ("CEQA") because it does not qualify as a "Project" under Public Resources Code Sec(ons 21065 and 21080 and in Section 15378(b) of Title 14 of the California Code of Regulations.
ATTACHMENTS:
1. Resolution RC Mowers TK-52XP
2. Owen RC Mower Quote
21 RESOLUTION NO. 2022-______
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AMERICAN CANYON APPROVING THE PURCHASE OF APPROVING THE PURCHASE OF A NEW RC MOWERS TK -52XP FOR PARKS MAINTENANCE IN AN AMOUNT NOT TO EXCEED $65,000
WHEREAS, the City of American Canyon Parks Maintenance Division maintains parks and open space within the city; and
WHEREAS, the Parks Maintenance Division uses hand mowing in steep slopes, around creeks and areas too small for the larger mowers; and
WHEREAS, the new RC Mowers TK-52XP is a remote control mower it will enable staff to access steep areas in a safer manner; and
WHEREAS, the Parks Maintenance Division would work more efficiently and safer with a remote control mower in these areas;
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of American Canyon hereby authorize the City Manager to approve the purchase of the RC Mower TK-52XP in the amount not to exceed $65,000.
PASSED, APPROVED and ADOPTED at a regularly scheduled meeting of the City Council of the City of American Canyon held on the 17th day of May, 2022, by the following vote:
AYES:
NOES:
ABSTAIN:
ABSENT:
____________________________
Leon Garcia, Mayor
ATTEST:
_______________________________ _____________________________________ Taresa Geilfuss, City Clerk William D. Ross, City Attorney 22 23
CITY COUNCIL AGENDA
MAY 17, 2022
STAFF REPORT
CONSENT
ITEM NUMBER: 12.
TITLE
3rd Quarter Investment Report for the City and Fire District
RECOMMENDATION
Receive and file the City and Fire District’s Treasurer’s Report for the month ended March 31, 2022.
CONTACT
Lincoln Bogard, Finance Director/Treasurer
BACKGROUND & ANALYSIS
The City’s Investment Policy requires; the Treasurer to submit a quarterly investment report to the City Council. The report(A5achment 1) for the quarter ended March 31,2022 includes investment transac7ons for both the City and Fire District. The report shows the City’s cash and investment book balance, including debt reserves and unspent proceeds, was $67,018,802. The Fire District’s book balance was $6,118,023.
The City’s diversified por>olio includes $36.86 million invested in the California State Treasurer’s Office Local Agency Investment Fund (LAIF) and $23.88 million managed by Chandler Asset Management. The funds managed by Chandler are invested in U.S. Treasury Notes, Federal Agency Securities, Asset Backed Securities, U.S. Corporate Notes, Supranational Securi7es, and FDIC insured Corporate Notes. The City is considering whether to move more investments to Chandler in the coming months and is currently developing an investment strategy to maximize returns within Investment Policy parameters. The lower market value to book value is due to the rising interest rate environment. That is an unrealized number, since the City normally holds investments to maturity. The increasing rate environment also offers an opportunity to invest to achieve higher returns.
The Fire District maintains cash and investment accounts separately from the City. The book value of the District’s total por>olio is $6.11 million. All cash not needed to meet the current opera7onal requirements of the Fire District is invested with Local Agency Investment Fund (LAIF).
COUNCIL PRIORITY PROGRAMS AND PROJECTS
24 Organizational Effectiveness: "Deliver exemplary government services."
FISCAL IMPACT
The recommended action will have no impact on the city’s budget.
ENVIRONMENTAL REVIEW
Not Applicable
ATTACHMENTS:
1. 3rd Quarter Investment Report for the City and Fire District 25 Investment Report
For the Month Ended
March 31, 2022
ATTACHMENT 1
City of American Canyon
Operating and Capital Funds Book Value Market Value Book Yield (1) % of Portfolio Cash ‐ Petty 2,400 $ $ 2,400 0.00% Cash ‐ Westamerica Bank 1,598,221 $ $ 1,598,221 2.57% Local Agency Investment Fund 36,865,191 36,450,588 0.32% 59.17% Asset Backed Securities 1,902,516 1,864,060 0.98% 3.05% Federal Agency Securities 5,211,359 5,067,796 1.49% 8.37% Collaterial Mortgage Obligations 158,781 151,713 0.72% 0.25% Corporate Notes 5,750,366 5,548,156 1.77% 9.23% Money Market Fund 119,666 119,666 0.01% 0.19% Negotiable CD 1,350,012 1,341,544 0.23% 2.17% Supranational 804,142 759,659 0.56% 1.29% U.S. Treasury Notes 8,536,253 8,200,152 1.09% 13.70% TOTAL OPERATING CASH 62,298,906 61,103,955 0.66% 100.00% Debt Reserves and Proceeds
Debt Service Reserves
602 ‐ American Canyon Road 433,964 433,964 601 ‐ 2004 Reassessment ‐ ‐
603 ‐ CFD 3,083,650 3,083,650
BofA (Engie) ‐ Cash
440 ‐ Governmental Engie Debt Service 64,597 64,597 515 ‐ Water Debt Service 155,893 155,893 545 ‐ Wastewater Debt Service 376,002 376,002 Capital Reserve
601 ‐ 2004 Reassessment 314,893 314,893 360 ‐ AmCyn Road East 290,896 290,896 TOTAL DEBT & CAPITAL RESERVES 4,719,896 4,719,896 TOTAL CASH AND INVESTMENTS ‐ CITY $ 67,018,802 $ 65,823,851 (1) The weighted average yield as operating and capital funds for the month ended 3/31/22 was 0.66%. 26 Investment Report
For the Month Ended
March 31, 2022
ATTACHMENT 1
American Canyon Fire Protection District
Description Book Value Market Value Book Yield (2) % of Portfolio Cash ‐ Westamerica Bank 289,930 $ 289,930 4.74% BofA (Engie) ‐ Cash 36,189 36,189 0.59% Local Agency Investment Fund 5,791,904 5,791,904 0.32% 94.67% TOTAL CASH AND INVESTMENTS ‐ FIRE $ 6,118,023 $ 6,118,023 0.00% 100.00% (2) The weighted average yield for the month ended 3/31/22 was 0%.
The investments, as shown above, are in conformance with the Investment Policy or bond agreements There are sufficient funds to meet the City's budgeted financial obligations for the next six months.
Respectfully submitted,
Lincoln Bogard
Finance Director/Treasurer
27 Mar 0.365
Feb 0.278
Jan 0.234
0.00000875657176851
0.988753538
LAIF Earnings Ratio(2):
LAIF Fair Value Factor(1):
PMIA Daily(1): 0.42%
LAIF Apportionment Rate 0.32 (2):
PMIA Quarter to Date(1): 0.29%
PMIA Average Life 310 (1):
Treasuries
66.18%
Agencies
17.78%
Certificates of
Deposit/Bank Notes
7.38%
Time
Deposits
1.99%
Commercial
Paper
6.11%
Corporate
Bonds
0.20%
Loans
0.36%
Notes: The apportionment rate includes interest earned on the CalPERS Supplemental Pension Payment pursuant to Government Code 20825 (c)(1) and interest earned on the Wildfire Fund loan pursuant to Public Utility Code 3288 (a).
Source:
(1) State of California, Office of the Treasurer
(2) State of Calfiornia, Office of the Controller
PMIA Average Monthly
Effective Yields(1)
PMIA/LAIF Performance Report
as of 04/15/22
Daily rates are now available here. View PMIA Daily Rates Quarterly Performance
Quarter Ended 03/31/22
Chart does not include $5,704,000.00 in mortgages, which equates to 0.003%. Percentages may not total 100% due to rounding.
Pooled Money Investment Account
Monthly Portfolio Composition (1)
03/31/22
$207.9 billion
28 CHANDLER ASSET MANAGEMENT, INC. | 800.317.4747 | www.chandlerasset.com
INVESTMENT REPORT
Period Ending March 31, 2022
City of American Canyon
29 SECTION 1 Economic Update
SECTION 2 Account Profile
SECTION 3 Portfolio Holdings
SECTION 4 Transactions
Table of Contents As of March 31, 2022
1 30
SECTION | Section 1 | Economic Update
2 31
Economic Update
The Russian invasion into Ukraine and resulting Western sanctions on Russia have fueled volatility in financial markets. The latest escalation has exacerbated inflationary pressures, particularly in energy and commodities, and has caused tightening conditions in financial markets. While consumer spending and economic growth remain strong, we believe an extended conflict in Eastern Europe along with elevated energy prices increases the risk of an economic slowdown later this year.
While we expect the Fed to tighten monetary policy, the FOMC has very little margin for error as it attempts to combat inflation without pushing the economy into a recession. Over the near-term, we expect financial market volatility to remain elevated and conditions to remain tighter with heightened geopolitical risk, supply chain bottlenecks and persistent inflation, and the Fed's pivot to less accommodative monetary policy.
The Federal Open Market Committee (FOMC) raised the federal funds rate by 0.25% at their March 16th meeting to a target range of 0.25% to 0.50%. The Federal Reserve also ended their bond-buying program as expected in March, which included the purchase of treasury and agency mortgage-backed securities. Fed Chair Powell suggested that balance sheet runoff could begin as early as their next meeting in May, sooner than previously anticipated, and that the pace of the unwind will likely be faster than in the previous quantitative tightening cycle. The dot plot favors six additional rate hikes in 2022, which implies a 25 basis point rate hike at each remaining meeting this year, but the Fed hasn’t ruled out incorporating one or more 50 basis point hikes to address inflation. The FOMC’s Summary of Economic Projections forecasts higher Personal Consumption Expenditure (PCE) inflation this year at 4.3% and a lower growth rate of 2.8% real GDP. We are anticipating additional rates hikes by the Fed this year, but we do not believe that monetary policy is on a pre-set course and expect the Fed's policy adjustments will depend on developments in the economy.
In March, yields increased dramatically and the curve continued to flatten. The 2-year Treasury yield increased 90 basis points to 2.34%, the 5-year Treasury yield increased 74 basis points to 2.46%, and the 10-year Treasury yield increased 51 basis points to 2.34%. The spread between the 2-year and 10-year Treasury yield declined to zero at March month-end versus 40 basis points at February month-end and 158 basis points one year ago. While the flat yield curve bears watching over the longer run, the spread between 3-month and 10-year treasuries is still steep at about 185 basis points, which indicates likely economic growth in the coming year.
3 32
Source: US Department of Labor Source: US Department of Labor Employment
The U.S. economy added 431,000 jobs in March, with upward revisions from the prior months totaling 95,000. Trends in employment remain strong, with the three-month moving average payrolls at 561,000 and the six-month moving average at 600,000. Job gains were broad based in March, led by leisure and hospitality and professional and business services. The unemployment rate fell to 3.6% from 3.8%, the lowest level since February 2020. The labor participation rate increased marginally to 62.4% in March from 62.3% in February but remains lower than the prepandemic level of 63.4%. The U-6 underemployment rate, which includes those who are marginally attached to the labor force and employed part time for economic reasons, fell to 6.9% in March from 7.2% in February, declining below its pre-pandemic level of 7.0% in February 2020.
Wage growth accelerated in March, with average hourly earnings rising 5.6% from 5.2% year-over-year. As more participants enter the labor force, wage inflation dynamics should start to moderate, helping to lower the current elevated inflation readings. -22,000
-18,000
-14,000
-10,000
-6,000
-2,000
2,000
6,000
MOM Change In (000's)
Nonfarm Payroll (000's)
Non-farm Payroll (000's)
3 month average (000's)
0.0%
4.0%
8.0%
12.0%
16.0%
20.0%
24.0%
Unemployment Rate
Underemployment Rate (U6)
Unemployment Rate (U3)
Rate (%)
4 33
Source: US Department of Labor Source: US Department of Commerce Inflation
Although U.S. consumer prices rose less than expected in March, inflation remained elevated at a 40-year high. The Consumer Price Index (CPI) was up 8.5% year-over-year in March, versus up 7.9% year-over-year in February. Core CPI (CPI less food and energy) was up 6.5% year-overyear in March, versus up 6.4% year-over-year in February. Gasoline costs drove about half of the monthly increase, while food was also a sizable contributor. Used vehicle prices declined (although remaining firm), resulting in lower than forecast core increases for the month. The Personal Consumption Expenditures (PCE) index was up 6.4% year-over-year in February, up from 6.0% in January. Core PCE was up 5.4% yearover-year in February, versus up 5.2% in January. Current inflation readings continue to run well above the Fed’s longer-run target of around
2.0%. While gas prices have started to decline in recent weeks in part due to COVID lockdowns in China, we believe pricing pressures may remain elevated longer than anticipated as a result of the conflict in Europe.
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
8.0%
9.0%
Personal Consumption Expenditures (PCE)
PCE Price Deflator YOY % Change
PCE Core Deflator YOY % Change
YOY( %) Change
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
8.0%
9.0%
Consumer Price Index (CPI)
CPI YOY % Change
Core CPI YOY % Change
YOY( %) Change
5 34
Retail sales edged higher in March, but there are signs that higher gas prices are impacting discretionary spending. On a year-over-year basis, retail sales were up 6.9% in March versus up 18.2% in February. On a month-over-month basis, retail sales moderated, rising 0.5% in March versus an upwardly revised increase of 0.8% in February. Excluding vehicles and gas, retail sales were up just 0.2% month-over-month. Gains in March were driven primarily by gasoline purchases, while e-commerce and vehicle sales declined. Although inflation threatens to put a dent in expected growth, we believe high levels of consumer savings along with improvement in the health situation and continued improvement in the labor market should provide a healthy tailwind for consumer spending. The Consumer Confidence index rebounded to 107.2 in March following declines in January and February, primarily driven by positive assessments of employment. However, while consumers’ evaluations of the present situation was strong, future expectations have been deteriorating.
Source: US Department of Commerce Source: The Conference Board -30.0%
-20.0%
-10.0%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
Retail Sales YOY % Change
YOY (%) Change
80 90
100
110
120
130
140
Index Level
Consumer Confidence
Consumer
6 35
Source: The Conference Board Source: Federal Reserve Bank of Chicago Economic Activity
The Conference Board’s Leading Economic Index (LEI) increased 0.3% month-over-month in February, following a 0.5% downwardly revised decline in January. On a year-over-year basis, the LEI was up 7.6% in February versus up 7.3% in January. The Conference Board acknowledged that the data do not fully reflect the impact of the Russian invasion of Ukraine on global supply chain issues, shortages, and the resulting soaring prices, which could result in slower than expected growth in the first half of the year. Meanwhile, the Chicago Fed National Activity Index (CFNAI) fell to 0.51 in February from a downwardly revised 0.59 in January. On a 3-month moving average basis, the CFNAI declined to
0.35 in February, while January was revised downward to 0.37. -8.00
-6.00
-4.00
-2.00
0.00 2.00
4.00 6.00
Chicago Fed National Activity Index (CFNAI)
3 Month Average
-8.0%
-6.0%
-4.0%
-2.0%
0.0%
2.0%
4.0%
Leading Economic Indicators (LEI)
MOM ( %) Change
7 36
Source: US Department of Commerce Source: S&P
Housing
0 200
400
600
800
1000
1200
1400
1600
1800
2000
MOM Change (In Thousands of Units)
Housing Starts
Multi Family Housing Starts
Single Family Housing Starts
0.0%
3.0%
6.0%
9.0%
12.0%
15.0%
18.0%
21.0%
24.0%
S&P/Case-Shiller 20 City Composite Home Price Index
YOY( %) Change
Total housing starts rebounded 6.8% to an annual rate of 1,769,000 in February. Single-family starts increased 5.7%, and multi-family starts increased 9.3%, month-over-month. On a year-over-year basis, total housing starts were up 22.3% in February driven by multi-family starts.
According to the Case-Shiller 20-City home price index, home prices were up 19.1% year-over-year in January versus up 18.6% year-over-year in December, suggesting tight supply may be continuing to support prices. Rising mortgage rates and affordability could be headwinds to further price growth.
8 37
Source: Institute for Supply Management Source: Federal Reserve Manufacturing
The Institute for Supply Management (ISM) manufacturing index fell to an 18-month low of 57.1 in March from 58.6 in February due to surging energy and commodities prices triggered by Russia's invasion of Ukraine. Readings above 50.0 are indicative of expansion in the manufacturing sector. On a month-over-month basis, the Industrial Production index rose 0.9% in March, following an upwardly revised 0.9% increase in February. Capacity utilization rose to 78.3% in March, up from 77.7% in February. Although capacity utilization remains below its longer-run average of 79.6%, it is running above the pre-pandemic level of 76.3%. 40 42
44 46
48 50
52 54
56 58
60 62
64 66
Institute of Supply Management Purchasing Manager Index
EXPANDING
CONTRACTING
-20.0%
-15.0%
-10.0%
-5.0%
0.0%
5.0%
10.0%
15.0%
20.0%
Industrial Production
YOY( %) Change
9 38
Source: US Department of Commerce Source: US Department of Commerce 3/21 6/21 9/21 12/21
7.4% 7.9% 1.4% 1.8%
-0.4% -0.7% 2.1% 5.8%
-1.6% -0.2% -1.3% -0.2%
0.8% -0.4% -0.4% -0.3%
0.0% 0.0% 0.5% -0.2%
6.3% 6.7% 2.3% 6.9%
Components of GDP
Federal Government Expenditures
State and Local (Consumption and Gross
Investment)
Net Exports and Imports
Total
Gross Private Domestic Investment
Personal Consumption Expenditures
-35.0%
-30.0%
-25.0%
-20.0%
-15.0%
-10.0%
-5.0%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
Gross Domestic Product (GDP)
GDP QOQ % Change
GDP YOY % Change
Gross Domestic Product (GDP)
According to the third estimate, fourth quarter GDP grew at an annualized rate of 6.9%, revised slightly downward from the second estimate of
7.0%. Economic growth reaccelerated in the fourth quarter after slowing to a pace of 2.3% growth in the third quarter, bringing overall GDP growth for 2021 to 5.7%. The most significant contributor to fourth quarter growth was inventory build, potentially reflecting some easing in supply chain disruptions. The fourth-quarter's build will make for a tough comparison in the first quarter. The consensus estimate calls for 1.0% GDP growth in the first quarter, 3.0% growth in the current quarter, and 3.2% growth for 2022. 10 39
Federal Reserve
Source: Federal Reserve Source: Bloomberg
As expected the Federal Open Market Committee (FOMC) raised the federal funds rate by 0.25% at their March meeting to a target range of
0.25% to 0.50%., This was the first increase since 2018, after two years of holding the federal funds rates near zero to insulate the economy from the impacts of the pandemic. The Federal Reserve (Fed) also ended their bond-buying program as expected in March, which grew the balance sheet to about $8.9 trillion. Fed Chair Powell suggested that balance sheet runoff could begin as early as their next meeting in May, sooner than previously anticipated, and that the pace of the unwind will likely be faster than in the previous quantitative tightening cycle. The dot plot favors six additional rate hikes in 2022, which implies a 25 basis point rate hike at each remaining meeting this year, but the Fed hasn’t ruled out incorporating one or more 50 basis point hikes to address inflation. The FOMC’s Summary of Economic Projections forecasts higher Personal Consumption Expenditure (PCE) inflation this year at 4.3% and a lower growth rate of 2.8% real GDP.
0.00%
0.25%
0.50%
0.75%
1.00%
1.25%
1.50%
1.75%
2.00%
2.25%
2.50%
2.75%
Effective Federal Funds Rate
Yield (%)
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
9,000,000
10,000,000
Federal Reserve Balance Sheet Assets
In $ millions
11 40
Source: Bloomberg Source: Bloomberg
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
US Treasury Note Yields
2-Year
5-Year
10-Year
Yield (%)
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
US Treasury Yield Curve
Mar-22
Dec-21
Mar-21
Yield (%)
Bond Yields
At the end of March, the 2-year Treasury yield was 217 basis points higher, and the 10-Year Treasury yield was about 60 basis points higher, yearover-year. The spread between the 2-year Treasury yield and 10-year Treasury yield declined to zero at March month-end compared to the average historical spread (since 2003) of about 130 basis points. While the flat yield curve bears watching over the longer run, the spread between 3-month and 10-year treasuries is still steep at about 185 basis points, which indicates likely economic growth in the coming year. 12 41
Section 2| SECTION | Section 2 | Account Profile
13 42
Objectives
Chandler Asset Management Performance Objective
The performance objective for the portfolio is to earn a total rate of return over a market cycle that equals or exceeds the market index, the ICE BofA 1-5 Year US Treasury & Agency Index.
Investment Objectives
The investment objectives of the City of American Canyon are first, to provide safety of principal to ensure the preservation of capital in the overall portfolio; second, to provide sufficient liquidity to meet all operating requirements; and third, to earn a commensurate rate of return consistent with the constraints imposed by the safety and liquidity objectives.
Strategy
In order to achieve these objectives, the portfolio invests in high quality fixed income securities consistent with the investment policy and California Government Code.
As of March 31, 2022
14 43
Compliance As of March 31, 2022
Category Standard Comment
U.S. Treasuries No Limitation; Full faith and credit of the U.S. are pledged for the payment of principal and interest Complies Federal Agencies
30% max per Agency/GSE issuer; 20% max agency callable securities; Federal agency or U.S. government-sponsored enterprise obligations, participations, or other instruments, including those issued by or fully guaranteed as to principal and interest by federal agencies or U.S. government-sponsored enterprises.
Complies
Supranational Obligations "AA" rating category or better by a NRSRO; 30% max; 10% max per issuer; USD denominated senior unsecured unsubordinated obligations; Issued or unconditionally guaranteed by IBRD, IFC, IADB Complies Municipal Securities (CA, Other States)
"A" rating category or better by a NRSRO; 30% max; 5% max per issuer; Obligations of the City, State of California and any local agency within the state; 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 the state, by any state, or by a department, board, agency, or authority of the local agency, authority of any of the other 49 states, in addition to California.
Complies
Corporate Medium Term Notes "A" rating category or better by a NRSRO; 30% max; 5% max per issuer; Issuer is a corporation organized and operating within the U.S. or by depository institutions licensed by the U.S. or any state and operating within the U.S Complies Asset-Backed, Mortgage-Backed,
Mortgage Pass-Through Securities,
Collateralized Mortgage Obligations
"AA" rating category or better by a NRSRO; 20% max (combined ABS/MBS/CMO); 5% max per Asset-Backed or Commercial Mortgage security issuer; From issuers not defined in US Treasury and Federal Agencies sections of the Allowable Investments section of the policy
Complies
Negotiable Certificates of Deposit
(NCD)
The amount of NCD insured up to the FDIC limit does not require any credit ratings; Any amount above FDIC insured limit must be issued by institutions with "A-1" short-term debt rating or better by a NRSRO; or "A" long-term rating category or better by a NRSRO; 30% max (combined with CDARS); 5% max per issuer; Issued by a nationally or state-chartered bank, or a federal or state association, a state or federal credit union, or by a federally-licensed or state-licensed branch of a foreign bank.
Complies
Certificate of Deposit Placement
Service (CDARS) 30% max (combination of Certificates of Deposit, including CDARS) Complies FDIC Insured Time Deposits (Nonnegotiable & Collateralized CD/TD) 20% max combined FDIC & Collateralized CD/TD; Non-Negotiable Certificates of Deposit in state or federally chartered banks, savings and loans, or credit unions; For FDIC insured CDs, the amount per institution is limited to maximum covered under FDIC; CDs in excess of insured amounts are fully collateralized with securities in accordance with California law Complies
Collateralized Bank Deposits City's deposits with financial institutions will be collateralized with pledged securities per California Government Code Complies Banker’s Acceptances "A-1" short-term debt rated or better by a NRSRO; or "A" long-term debt rating category or better by a NRSRO; 40% max; 5% max per issuer; 180 days max maturity Complies
Commercial Paper
25% max; 5% max per issuer; 270 days maturity; 10% maximum of the outstanding commercial paper of any single issuer; Issued by an entity that meets all of the following conditions in either (a) or (b): a. Securities issued by corporations: (i) organized and operating within the U.S. with assets > $500 million; (ii) "A-1" rated or better by a NRSRO; (iii) "A" rating or better by a NRSRO, if issuer has debt obligations. b. Securities issued by other entities: (i) organized within the U.S. as a special purpose corporation, trust, or limited liability company; (ii) must have program-wide credit enhancements including, but not limited to, overcollateralization, letters of credit, or a surety bond; (iii) rated "A-1" or better by a NRSRO.
Complies
City of American Canyon
Assets managed by Chandler Asset Management are in full compliance with state law and with the City's investment policy. 15 44
Compliance As of March 31, 2022
Category Standard Comment
Money Market Mutual Funds
Registered with SEC under Investment Company Act of 1940 and issued by diversified management companies and meet either of the following criteria: (i) Highest rating by two NRSROs; or (ii) Retained an investment adviser registered or exempt from SEC registration with > 5 years experience managing money market mutual funds with AUM >$500 million; 20% max combined Money Market Mutual Funds and Mutual Funds; 20% max per Money Market Mutual Fund Complies
Mutual Funds
Invest in securities as authorized under CGC, Section 53601 (a) to (k) and (m) to (q) inclusive and meet either of the following criteria:
(i) Highest rating by two NRSROs; or (ii) Retained an investment adviser registered or exempt from SEC registration with > 5 years experience investing in securities authorized by CGC, Section 53601 and with AUM >$500 million; 20% max combined Money Market Mutual Funds and Mutual Funds; 10% max per Mutual Fund
Complies
Local Agency Investment Fund (LAIF) Maximum amount permitted by LAIF; Not used by investment adviser Complies Local Government Investment Pools
(LGIP) No issuer limitation for LGIP; Other LGIPS permitted by the City; Not used by investment adviser Complies Repurchase Agreements 1 year max maturity; 102% collateralized; Not used by investment adviser Complies Minimum Budgeted Operating
Expenditures in Short Term Investments
Minimum 6 months of budgeted operating expenditures in short term investments to provide sufficient liquidity for expected disbursements Complies
Max Per Issuer 5% max per issuer unless otherwise specified in the policy Complies Maximum Maturity 5 years maximum maturity, except as otherwise stated in the policy Complies City of American Canyon
Assets managed by Chandler Asset Management are in full compliance with state law and with the City's investment policy. 16 45
Portfolio Characteristics
City of American Canyon
03/31/22 12/31/21
Benchmark* Portfolio Portfolio
Average Maturity (yrs) 2.62 2.73 2.75
Average Modified Duration 2.53 2.49 2.55
Average Purchase Yield n/a 1.26% 1.24%
Average Market Yield 2.30% 2.35% 0.91%
Average Quality** AAA AA/Aa1 AA/Aa1
Total Market Value 23,118,388 23,849,530
*ICE BofA 1-5 Yr US Treasury & Agency Index
**Benchmark is a blended rating of S&P, Moody’s, and Fitch. Portfolio is S&P and Moody’s respectively.
As of March 31, 2022
17 46
City of American Canyon
Sector Distribution
ABS
8.1%
Agency
22.0%
CMO
0.7%
Corporate
24.1%
Money Market
Fund
0.5%
Negotiable CD
5.8%
Supranational
3.3%
US Treasury
35.5%
March 31, 2022 December 31, 2021
ABS
5.9%
Agency
24.3%
CMO
0.7%
Corporate
20.5% Money Market
Fund
1.1%
Negotiable CD
5.7%
Supranational
3.3%
US Treasury
38.6%
As of March 31, 2022
18 47
Issue Name Investment Type % Portfolio
Government of United States US Treasury 35.54%
Federal National Mortgage Association Agency 8.62%
Federal Home Loan Bank Agency 7.87%
Federal Home Loan Mortgage Corp Agency 4.75%
Bank of Nova Scotia Houston Negotiable CD 1.94%
MUFG Bank Ltd/NY Negotiable CD 1.94%
Svenska Handelsbanken NY Negotiable CD 1.94%
Hyundai Auto Receivables ABS 1.85%
Berkshire Hathaway Corporate 1.81%
Intl Bank Recon and Development Supranational 1.74%
JP Morgan Chase & Co Corporate 1.73%
Bank of America Corp Corporate 1.64%
Apple Inc Corporate 1.64%
Qualcomm Inc Corporate 1.56%
Inter-American Dev Bank Supranational 1.55%
Royal Bank of Canada Corporate 1.44%
Honda ABS ABS 1.43%
United Health Group Inc Corporate 1.42%
Toyota Motor Corp Corporate 1.41%
Honda Motor Corporation Corporate 1.33%
Bank of Montreal Chicago Corporate 1.26%
Morgan Stanley Corporate 1.24%
Toronto Dominion Holdings Corporate 1.23%
Charles Schwab Corp/The Corporate 1.11%
John Deere ABS ABS 1.04%
Toyota ABS ABS 0.94%
Bank of New York Corporate 0.88%
Chubb Corporation Corporate 0.88%
Exxon Mobil Corp Corporate 0.85%
Wal-Mart Stores Corporate 0.76%
Federal Farm Credit Bank Agency 0.75%
GM Financial Automobile Leasing Trust ABS 0.68%
Federal Home Loan Mortgage Corp CMO 0.66%
Target Corp Corporate 0.57%
Amazon.com Inc Corporate 0.56%
Verizon Owner Trust ABS 0.53%
BMW Vehicle Lease Trust ABS 0.53%
First American Govt Oblig Fund Money Market Fund 0.52%
Issuers
City of American Canyon – Account #10130
As of March 31, 2022
19 48
Issue Name Investment Type % Portfolio
GM Financial Securitized Term Auto Trust ABS 0.46%
Mercedes-Benz Auto Lease Trust ABS 0.34%
State Street Bank Corporate 0.33%
Merck & Company Corporate 0.33%
Nissan ABS ABS 0.27%
Salesforce.com Inc Corporate 0.15%
TOTAL 100.00%
Issuers
City of American Canyon – Account #10130
As of March 31, 2022
20 49
AAA AA A <A NR
03/31/22 11.3% 67.0% 17.3% 1.2% 3.1%
12/31/21 10.8% 71.4% 14.5% 1.2% 2.1%
Source: S&P Ratings
March 31, 2022 vs. December 31, 2021
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
80.0%
AAA AA A <A NR
03/31/22 12/31/21
Quality Distribution
City of American Canyon
As of March 31, 2022
21 50
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
0 - 0.25 0.25 - 0.50 0.50 - 1 1 - 2 2 - 3 3 - 4 4 - 5 5+ City of American Canyon ICE BofA 1-5 Yr US Treasury & Agency Index Portfolio Compared to the Benchmark
0 - 0.25 0.25 - 0.50 0.50 - 1 1 - 2 2 - 3 3 - 4 4 - 5 5+ Portfolio 0.5% 2.7% 10.9% 21.1% 31.6% 19.0% 14.1% 0.0%
Benchmark* 0.0% 0.0% 1.9% 35.1% 28.4% 19.6% 15.0% 0.0%
*ICE BofA 1-5 Yr US Treasury & Agency Index
Duration Distribution
City of American Canyon
As of March 31, 2022
22 51
-4.00%
-3.00%
-2.00%
-1.00%
0.00%
1.00%
2.00%
12 months 2 years 3 years 5 years 10 years Since Inception City of American Canyon ICE BofA 1-5 Yr US Treasury & Agency Index Total Rate of Return Annualized Since Inception June 30, 2010 Annualized
TOTAL RATE OF RETURN 3 months 12 months 2 years 3 years 5 years 10 years Since Inception
City of American Canyon -3.06% -3.38% -1.25% 1.11% 1.39% 1.25% 1.40% ICE BofA 1-5 Yr US Treasury & Agency Index -3.16% -3.71% -1.91% 0.91% 1.15% 1.04% 1.20% 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.
Investment Performance
City of American Canyon
As of March 31, 2022
23 52
Purchase Yield as of 03/31/22 = 1.26%
0.00 0.50
1.00 1.50
2.00 2.50
Percent (%)
Historical Average Purchase Yield
City of American Canyon
As of March 31, 2022
24 53
SECTION | Section 3 | Portfolio Holdings
25 54
Holdings Report
City of American Canyon - Account #10130
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.
Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
ABS
43813RAC1 Honda Auto Receivables 2020-1 A3
1.610% Due 04/22/2024
41,048.99 02/19/2020
1.62%
41,040.95
41,045.00
99.93 1.74%
41,020.58
18.36 0.18%
(24.42)
Aaa / NR
AAA
2.06 0.53
89232HAC9 Toyota Auto Receivable Own 2020-A A3
1.660% Due 05/15/2024
109,510.29 06/17/2020
0.68%
112,034.15
110,881.95
100.08
1.47%
109,599.65
80.79 0.47%
(1,282.30)
Aaa / AAA
NR
2.13 0.45
65479JAD5 Nissan Auto Receivables Owner 2019-C A3
1.930% Due 07/15/2024
61,259.63 10/16/2019
1.94%
61,256.39
61,258.06
100.19
1.42%
61,378.29
52.55 0.27%
120.23
Aaa / AAA
NR
2.29 0.38
89237VAB5 Toyota Auto Receivables Trust 2020-C A3
0.440% Due 10/15/2024
68,770.77 07/21/2020
0.44%
68,765.47
68,767.58
99.08 2.02%
68,136.02
13.45 0.29%
(631.56)
Aaa / AAA
NR
2.55 0.58
43813KAC6 Honda Auto Receivables Trust 2020-3 A3
0.370% Due 10/18/2024
90,000.00 09/22/2020
0.38%
89,986.78
89,993.12
98.74 2.13%
88,868.61
12.03 0.38%
(1,124.51)
NR / AAA
AAA
2.55 0.71
47787NAC3 John Deere Owner Trust 2020-B A3
0.510% Due 11/15/2024
20,742.34 07/14/2020
0.52%
20,739.18
20,740.72
98.89 2.22%
20,511.48
4.70 0.09%
(229.24)
Aaa / NR
AAA
2.63 0.65
58769KAD6 Mercedes-Benz Auto Lease Trust 2021-B A3
0.400% Due 11/15/2024
80,000.00 06/22/2021
0.40%
79,993.96
79,995.75
97.45 2.42%
77,963.12
14.22 0.34%
(2,032.63)
NR / AAA
AAA
2.63 1.27
09690AAC7 BMW Vehicle Lease Trust 2021-2 A3
0.330% Due 12/26/2024
50,000.00 09/08/2021
0.34%
49,994.84
49,996.07
97.49 2.43%
48,743.70
2.75 0.21%
(1,252.37)
Aaa / NR
AAA
2.74 1.20
92290BAA9 Verizon Owner Trust 2020-B A
0.470% Due 02/20/2025
125,000.00 08/04/2020
0.48%
124,973.75
124,983.23
98.62 2.09%
123,271.75
17.95 0.53%
(1,711.48)
Aaa / NR
AAA
2.90 0.86
36265MAC9 GM Financial Auto Lease Trust 2022-1 A3
1.900% Due 03/20/2025
160,000.00 02/15/2022
1.91%
159,998.62
159,998.68
98.80 2.58%
158,075.20
92.89 0.68%
(1,923.48)
Aaa / NR
AAA
2.97 1.78
05601XAC3 BMW Vehicle Lease Trust 2022-1 A3
1.100% Due 03/25/2025
75,000.00 01/11/2022
1.11%
74,988.79
74,989.80
97.51 2.72%
73,134.68
13.75 0.32%
(1,855.12)
NR / AAA
AAA
2.99 1.55
44891RAC4 Hyundai Auto Receivables Trust 2020-C A3
0.380% Due 05/15/2025
90,000.00 10/20/2020
0.39%
89,979.27
89,988.22
98.22 2.31%
88,400.61
15.20 0.38%
(1,587.61)
NR / AAA
AAA
3.13 0.92
89240BAC2 Toyota Auto Receivables Owners 2021-A A3
0.260% Due 05/15/2025
40,000.00 02/02/2021
0.27%
39,992.58
39,995.32
98.10 2.26%
39,241.16
4.62 0.17%
(754.16)
Aaa / NR
AAA
3.13 0.95
47788UAC6 John Deere Owner Trust 2021-A A3
0.360% Due 09/15/2025
60,000.00 03/02/2021
0.37%
59,988.47
59,991.86
96.85 2.79%
58,109.46
9.60 0.25%
(1,882.40)
Aaa / NR
AAA
3.46 1.30
44933LAC7 Hyundai Auto Receivables Trust 2021-A A3
0.380% Due 09/15/2025
75,000.00 04/20/2021
0.38%
74,992.11
74,994.51
97.50 2.34%
73,124.93
12.67 0.32%
(1,869.58)
NR / AAA
AAA
3.46 1.29
44934KAC8 Hyundai Auto Receivables Trust 2021-B A3
0.380% Due 01/15/2026
150,000.00 07/20/2021
0.39%
149,966.89
149,974.03
96.72 2.54%
145,073.25
25.33 0.63%
(4,900.78)
NR / AAA
AAA
3.80 1.53
43815GAC3 Honda Auto Receivables Trust 2021-4 A3
0.880% Due 01/21/2026
80,000.00 11/16/2021
0.89%
79,983.14
79,984.96
96.82 2.58%
77,458.40
19.56 0.34%
(2,526.56)
Aaa / NR
AAA
3.81 1.89
As of March 31, 2022
26 55
Holdings Report
City of American Canyon - Account #10130
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.
Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
47789QAC4 John Deere Owner Trust 2021-B A3
0.520% Due 03/16/2026
70,000.00 07/13/2021
0.52%
69,993.76
69,994.95
95.82 2.82%
67,073.86
16.18 0.29%
(2,921.09)
Aaa / NR
AAA
3.96 1.85
44935FAD6 Hyundai Auto Receivables Trust 2021-C A3
0.740% Due 05/15/2026
55,000.00 11/09/2021
0.75%
54,987.72
54,989.16
96.10 2.82%
52,854.89
18.09 0.23%
(2,134.27)
NR / AAA
AAA
4.13 1.90
43815BAC4 Honda Auto Receivables Trust 2022-1 A3
1.880% Due 05/15/2026
125,000.00 02/15/2022
1.89%
124,981.20
124,981.79
98.21 2.68%
122,761.88
104.44
0.53%
(2,219.91)
Aaa / AAA
NR
4.13 2.26
362554AC1 GM Financial Securitized Term 2021-4 A3
0.680% Due 09/16/2026
60,000.00 10/13/2021
0.68%
59,998.47
59,998.67
96.60 2.67%
57,958.26
17.00 0.25%
(2,040.41)
Aaa / AAA
NR
4.47 1.73
47787JAC2 John Deere Owner Trust 2022-A A3
2.320% Due 09/16/2026
95,000.00 03/10/2022
2.34%
94,978.99
94,979.25
98.70 2.91%
93,768.04
91.83 0.41%
(1,211.21)
Aaa / NR
AAA
4.47 2.22
448977AD0 Hyundai Auto Receivables Trust 2022-A A3
2.220% Due 10/15/2026
70,000.00 03/09/2022
2.23%
69,997.31
69,997.35
98.75 2.79%
69,127.10
64.75 0.30%
(870.25)
NR / AAA
AAA
4.55 2.21
380146AC4 GM Financial Auto Receivables 2022-1 A3
1.260% Due 11/16/2026
50,000.00 01/11/2022
1.27%
49,995.66
49,995.92
96.81 3.09%
48,405.55
26.25 0.21%
(1,590.37)
NR / AAA
AAA
4.63 1.76
TOTAL ABS 1,901,332.02 0.98%
1,903,608.45
1,902,515.95 2.41%
1,864,060.47
748.96
8.07%
(38,455.48)
Aaa / AAA
Aaa
3.33 1.38
Agency
3135G0T94 FNMA Note
2.375% Due 01/19/2023
300,000.00 03/28/2018
2.70%
295,641.00
299,273.09
100.66
1.53%
301,994.10
1,425.00
1.31%
2,721.01
Aaa / AA+
AAA
0.81 0.79
3137EAEN5 FHLMC Note
2.750% Due 06/19/2023
300,000.00 07/16/2018
2.88%
298,254.00
299,568.84
100.96
1.95%
302,870.40
2,337.50
1.32%
3,301.56
Aaa / AA+
AAA
1.22 1.19
3135G05G4 FNMA Note
0.250% Due 07/10/2023
185,000.00 07/08/2020
0.32%
184,602.25
184,831.09
97.85 1.97%
181,015.84
104.06
0.78%
(3,815.25)
Aaa / AA+
AAA
1.28 1.26
313383YJ4 FHLB Note
3.375% Due 09/08/2023
450,000.00 Various
3.04%
456,704.50
452,005.86
101.85
2.06%
458,318.70
970.31
1.99%
6,312.84
Aaa / AA+
NR
1.44 1.40
3130A0F70 FHLB Note
3.375% Due 12/08/2023
325,000.00 Various
2.74%
334,479.75
328,250.47
101.82
2.27%
330,909.15
3,442.97
1.45%
2,658.68
Aaa / AA+
AAA
1.69 1.62
3130A1XJ2 FHLB Note
2.875% Due 06/14/2024
320,000.00 Various
1.96%
333,798.40
326,093.11
101.01
2.40%
323,237.76
2,734.44
1.41%
(2,855.35)
Aaa / AA+
NR
2.21 2.11
3133EKWV4 FFCB Note
1.850% Due 07/26/2024
175,000.00 08/13/2019
1.65%
176,689.80
175,791.63
99.08 2.26%
173,394.20
584.55
0.75%
(2,397.43)
Aaa / AA+
AAA
2.32 2.25
3130A2UW4 FHLB Note
2.875% Due 09/13/2024
200,000.00 10/10/2019
1.58%
212,202.00
206,077.26
101.05
2.43%
202,106.20
287.50
0.88%
(3,971.06)
Aaa / AA+
AAA
2.46 2.35
3135G0W66 FNMA Note
1.625% Due 10/15/2024
150,000.00 11/08/2019
1.80%
148,755.00
149,357.78
98.07 2.41%
147,105.15
1,123.96
0.64%
(2,252.63)
Aaa / AA+
AAA
2.55 2.45
As of March 31, 2022
27 56
Holdings Report
City of American Canyon - Account #10130
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.
Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
3135G0X24 FNMA Note
1.625% Due 01/07/2025
325,000.00 Various
1.19%
331,637.25
328,803.88
97.73 2.48%
317,625.75
1,232.29
1.38%
(11,178.13)
Aaa / AA+
AAA
2.78 2.67
3137EAEP0 FHLMC Note
1.500% Due 02/12/2025
365,000.00 02/13/2020
1.52%
364,718.95
364,838.61
97.29 2.49%
355,107.04
745.21
1.54%
(9,731.57)
Aaa / AA+
AAA
2.87 2.77
3130A4CH3 FHLB Note
2.375% Due 03/14/2025
300,000.00 03/19/2020
1.18%
317,331.00
310,265.28
99.84 2.43%
299,527.80
336.46
1.30%
(10,737.48)
Aaa / AA+
AAA
2.96 2.83
3130AJHU6 FHLB Note
0.500% Due 04/14/2025
210,000.00 06/04/2020
0.53%
209,721.12
209,825.66
94.37 2.43%
198,186.87
487.08
0.86%
(11,638.79)
Aaa / AA+
AAA
3.04 2.97
3135G03U5 FNMA Note
0.625% Due 04/22/2025
145,000.00 04/22/2020
0.67%
144,701.30
144,817.08
94.55 2.49%
137,092.72
400.26
0.59%
(7,724.36)
Aaa / AA+
AAA
3.06 2.99
3135G04Z3 FNMA Note
0.500% Due 06/17/2025
360,000.00 06/17/2020
0.54%
359,254.80
359,520.77
93.84 2.51%
337,811.04
520.00
1.46%
(21,709.73)
Aaa / AA+
AAA
3.22 3.14
3137EAEU9 FHLMC Note
0.375% Due 07/21/2025
190,000.00 07/21/2020
0.48%
189,053.80
189,373.87
93.36 2.48%
177,379.63
138.54
0.77%
(11,994.24)
Aaa / AA+
AAA
3.31 3.24
3135G05X7 FNMA Note
0.375% Due 08/25/2025
305,000.00 08/25/2020
0.47%
303,572.60
304,028.05
93.18 2.48%
284,212.42
114.38
1.23%
(19,815.63)
Aaa / AA+
AAA
3.41 3.34
3137EAEX3 FHLMC Note
0.375% Due 09/23/2025
280,000.00 09/23/2020
0.44%
279,157.20
279,412.72
92.94 2.51%
260,221.08
23.33 1.13%
(19,191.64)
Aaa / AA+
AAA
3.48 3.41
3135G06G3 FNMA Note
0.500% Due 11/07/2025
300,000.00 11/09/2020
0.57%
298,926.00
299,223.84
93.23 2.48%
279,680.40
600.00
1.21%
(19,543.44)
Aaa / AA+
AAA
3.61 3.52
TOTAL Agency 5,185,000.00 1.49%
5,239,200.72
5,211,358.89 2.30%
5,067,796.25
17,607.84
22.00%
(143,562.64)
Aaa / AA+
Aaa
2.45 2.38
CMO
3137BFE98 FHLMC K041 A2
3.171% Due 10/25/2024
150,000.00 07/01/2021
0.72%
161,355.47
158,780.79
101.14
2.62%
151,713.30
396.38
0.66%
(7,067.49)
Aaa / AAA
AAA
2.57 2.36
TOTAL CMO 150,000.00 0.72%
161,355.47
158,780.79 2.62%
151,713.30
396.38
0.66%
(7,067.49)
Aaa / AAA
Aaa
2.57 2.36
Corporate
084670BR8 Berkshire Hathaway Callable Note Cont 1/15/2023
2.750% Due 03/15/2023
200,000.00 04/20/2018
3.28%
195,276.00
199,079.53
100.70
1.85%
201,402.20
244.44
0.87%
2,322.67
Aa2 / AA
A+
0.96 0.78
58933YAF2 Merck & Co Note
2.800% Due 05/18/2023
75,000.00 10/26/2018
3.41%
73,074.00
74,522.27
100.82
2.06%
75,613.80
775.83
0.33%
1,091.53
A1 / A+
A+
1.13 1.10
931142EK5 Wal-Mart Stores Callable Note Cont 5/26/2023
3.400% Due 06/26/2023
135,000.00 Various
3.41%
134,964.95
134,991.34
101.75
1.86%
137,359.26
1,211.25
0.60%
2,367.92
Aa2 / AA
AA
1.24 1.12
As of March 31, 2022
28 57
Holdings Report
City of American Canyon - Account #10130
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.
Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
06406RAJ6 Bank of NY Mellon Corp Note
3.450% Due 08/11/2023
200,000.00 08/24/2018
3.42%
200,306.00
200,084.07
101.38
2.41%
202,757.00
958.33
0.88%
2,672.93
A1 / A
AA1.361.32
808513AY1 Charles Schwab Corp Callable Note Cont 1/1/2024
3.550% Due 02/01/2024
180,000.00 02/19/2019
3.19%
182,914.20
181,082.74
101.73
2.53%
183,108.96
1,065.00
0.80%
2,026.22
A2 / A
A
1.84 1.68
06051GHF9 Bank of America Corp Callable Note 1X 3/5/2023
3.550% Due 03/05/2024
190,000.00 03/06/2019
3.13%
190,991.80
190,382.80
100.70
2.33%
191,328.67
487.14
0.83%
945.87
A2 / AAA1.93
1.86 037833CU2 Apple Inc Callable Note Cont 3/11/2024
2.850% Due 05/11/2024
225,000.00 05/17/2019
2.72%
226,332.00
225,565.20
100.90
2.37%
227,015.10
2,493.75
0.99%
1,449.90
Aaa / AA+
NR
2.12 1.87
023135BW5 Amazon.com Inc Note
0.450% Due 05/12/2024
135,000.00 05/10/2021
0.50%
134,802.90
134,861.17
96.43 2.19%
130,177.94
234.56
0.56%
(4,683.23)
A1 / AA
AA2.122.08
02665WCZ2 American Honda Finance Note
2.400% Due 06/27/2024
200,000.00 07/10/2019
2.49%
199,166.00
199,623.50
99.38 2.69%
198,757.00
1,253.33
0.87%
(866.50)
A3 / AA2.24
2.15 79466LAG9 Salesforce.com Inc Callable Note Cont 7/15/2022
0.625% Due 07/15/2024
35,000.00 06/29/2021
0.64%
34,982.15
34,986.42
95.83 2.51%
33,539.24
46.18 0.15%
(1,447.18)
A2 / A+
NR
2.29 2.24
46647PAU0 JP Morgan Chase & Co Callable Note 1X 7/23/2023
3.797% Due 07/23/2024
200,000.00 09/12/2019
2.26%
210,574.00
205,036.37
101.19
2.44%
202,373.60
1,434.42
0.88%
(2,662.77)
A2 / AAA2.32
2.20 02665WEA5 American Honda Finance Note
1.500% Due 01/13/2025
110,000.00 01/11/2022
1.53%
109,913.10
109,919.28
96.44 2.84%
106,082.35
357.50
0.46%
(3,836.93)
A3 / AA2.79
2.69 00440EAS6 Chubb INA Holdings Inc Note
3.150% Due 03/15/2025
200,000.00 02/24/2021
0.83%
218,428.00
213,453.19
101.17
2.73%
202,343.60
280.00
0.88%
(11,109.59)
A3 / A
A
2.96 2.80
30231GBH4 Exxon Mobil Corp Callable Note Cont 2/19/2025
2.992% Due 03/19/2025
195,000.00 01/20/2021
0.77%
212,735.25
207,661.36
100.60
2.77%
196,171.56
194.48
0.85%
(11,489.80)
Aa2 / AANR2.97
2.75 06367WB85 Bank of Montreal Note
1.850% Due 05/01/2025
205,000.00 03/24/2021
1.15%
210,750.25
209,325.17
96.21 3.15%
197,234.19
1,580.21
0.86%
(12,090.98)
A2 / AAA3.09
2.94 037833DT4 Apple Inc Callable Note Cont 4/11/2025
1.125% Due 05/11/2025
155,000.00 09/16/2021
0.83%
156,643.00
156,404.40
95.59 2.61%
148,170.70
678.13
0.64%
(8,233.70)
Aaa / AA+
NR
3.12 3.01
747525AF0 Qualcomm Inc Callable Note Cont 2/20/2025
3.450% Due 05/20/2025
350,000.00 Various
1.09%
385,138.10
375,265.93
101.99
2.78%
356,956.95
4,393.96
1.56%
(18,308.98)
A2 / A
NR
3.14 2.92
61747YEA9 Morgan Stanley Callable Note Cont 5/30/2024
0.790% Due 05/30/2025
300,000.00 Various
0.80%
299,941.80
299,942.73
95.08 2.42%
285,239.11
796.58
1.24%
(14,703.62)
A1 / BBB+
A
3.17 3.09
78015K7H1 Royal Bank of Canada Note
1.150% Due 06/10/2025
350,000.00 Various
1.19%
349,710.00
349,563.37
94.49 2.97%
330,708.35
1,241.05
1.44%
(18,855.02)
A1 / A
AA3.203.08
857477BR3 State Street Bank Callable Note Cont 2/6/2025
1.746% Due 02/06/2026
80,000.00 02/02/2022
1.82%
80,000.00
80,000.00
96.44 2.80%
77,148.64
209.52
0.33%
(2,851.36)
A1 / A
AA3.863.67
As of March 31, 2022
29 58
Holdings Report
City of American Canyon - Account #10130
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.
Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
46647PBK1 JP Morgan Chase & Co Callable Note Cont 4/22/2025
2.083% Due 04/22/2026
200,000.00 09/16/2021
1.38%
206,378.00
205,643.10
96.61 2.99%
193,221.80
1,839.98
0.84%
(12,421.30)
A2 / AAA4.06
3.82 91324PEC2 United Health Group Inc Callable Note Cont 4/15/2026
1.150% Due 05/15/2026
350,000.00 Various
1.43%
345,778.05
346,047.05
93.05 2.95%
325,657.86
1,520.56
1.42%
(20,389.19)
A3 / A+
A
4.13 3.96
89236TJK2 Toyota Motor Credit Corp Note
1.125% Due 06/18/2026
350,000.00 Various
1.15%
349,529.80
349,585.82
92.90 2.93%
325,162.60
1,126.57
1.41%
(24,423.22)
A1 / A+
A+
4.22 4.05
06051GJD2 Bank of America Corp Callable Note Cont 6/19/2025
1.319% Due 06/19/2026
200,000.00 09/16/2021
1.27%
200,670.00
200,595.38
93.83 2.91%
187,661.40
747.43
0.81%
(12,933.98)
A2 / AAA4.22
4.04 06368FAC3 Bank of Montreal Note
1.250% Due 09/15/2026
100,000.00 09/23/2021
1.39%
99,311.00
99,381.65
91.93 3.21%
91,930.30
55.56 0.40%
(7,451.35)
A2 / AAA4.46
4.27 931142ER0 Wal-Mart Stores Callable Note Cont 08/17/2026
1.050% Due 09/17/2026
40,000.00 09/08/2021
1.09%
39,924.40
39,932.51
93.10 2.70%
37,239.32
16.33 0.16%
(2,693.19)
Aa2 / AA
AA
4.47 4.31
89114TZN5 Toronto-Dominion Bank Note
1.950% Due 01/12/2027
300,000.00 01/25/2022
2.11%
297,689.85
297,771.49
94.70 3.15%
284,097.91
1,283.75
1.23%
(13,673.58)
A1 / A
AA4.794.49
87612EBM7 Target Corp Callable Note Cont 12/15/2026
1.950% Due 01/15/2027
135,000.00 01/19/2022
1.99%
134,770.50
134,778.96
96.72 2.69%
130,567.14
489.94
0.57%
(4,211.82)
A2 / A
A
4.80 4.51
808513BY0 Charles Schwab Corp Callable Note Cont 2/3/2027
2.450% Due 03/03/2027
75,000.00 03/01/2022
2.47%
74,919.00
74,920.29
97.21 3.06%
72,909.75
142.92
0.32%
(2,010.54)
A2 / A
A
4.93 4.58
084664CZ2 Berkshire Hathaway Callable Note Cont 2/15/2027
2.300% Due 03/15/2027
220,000.00 03/07/2022
2.30%
219,958.20
219,958.59
98.28 2.67%
216,219.52
224.89
0.94%
(3,739.07)
Aa2 / AA
A+
4.96 4.64
TOTAL Corporate 5,690,000.00 1.77%
5,775,572.30
5,750,365.68 2.68%
5,548,155.82
27,383.59
24.12%
(202,209.86)
A1 / A+
A+
3.13 2.97
Money Market Fund
31846V203 First American Govt Obligation Fund Class Y 119,665.60 Various
0.01%
119,665.60
119,665.60
1.00 0.01%
119,665.60
0.00 0.52%
0.00 Aaa / AAA
AAA
0.00 0.00
TOTAL Money Market Fund 119,665.60 0.01%
119,665.60
119,665.60 0.01%
119,665.60
0.00 0.52%
0.00 Aaa / AAA
Aaa
0.00 0.00
Negotiable CD
06417MRL1 Bank of Nova Scotia Houston Yankee CD
0.200% Due 09/21/2022
450,000.00 09/24/2021
0.20%
449,999.98
449,999.99
99.44 1.37%
447,464.25
480.00
1.94%
(2,535.74)
P-1 / A-1
F-1+
0.48 0.47
As of March 31, 2022
30 59
Holdings Report
City of American Canyon - Account #10130
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.
Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
86959RTW0 Svenska Handelsbanken NY Yankee CD
0.255% Due 10/14/2022
450,000.00 10/15/2021
0.25%
450,022.69
450,012.22
99.32 1.50%
446,957.10
535.50
1.94%
(3,055.12)
P-1 / A-1+
F-1+
0.54 0.54
55380TXG0 MUFG Bank Yankee CD
0.250% Due 10/20/2022
450,000.00 10/08/2021
0.25%
450,000.00
450,000.00
99.36 1.39%
447,122.70
546.88
1.94%
(2,877.30)
P-1 / A-1
F-1
0.56 0.55
TOTAL Negotiable CD 1,350,000.00 0.23%
1,350,022.67
1,350,012.21 1.42%
1,341,544.05
1,562.38
5.81%
(8,468.16)
Aaa / AA+
Aaa
0.52 0.52
Supranational
4581X0DZ8 Inter-American Dev Bank Note
0.500% Due 09/23/2024
375,000.00 09/15/2021
0.52%
374,722.50
374,770.61
95.31 2.46%
357,401.25
41.67 1.55%
(17,369.36)
Aaa / AAA
NR
2.48 2.43
459058JB0 Intl. Bank Recon & Development Note
0.625% Due 04/22/2025
180,000.00 04/15/2020
0.70%
179,303.40
179,573.88
94.43 2.53%
169,982.10
496.88
0.74%
(9,591.78)
Aaa / AAA
NR
3.06 2.99
459058JL8 Intl. Bank Recon & Development Note
0.500% Due 10/28/2025
250,000.00 10/21/2020
0.52%
249,717.50
249,797.95
92.91 2.59%
232,275.75
531.25
1.01%
(17,522.20)
Aaa / AAA
AAA
3.58 3.49
TOTAL Supranational 805,000.00 0.56%
803,743.40
804,142.44 2.52%
759,659.10
1,069.80
3.29%
(44,483.34)
Aaa / AAA
Aaa
2.95 2.88
US Treasury
912828M49 US Treasury Note
1.875% Due 10/31/2022
300,000.00 Various
2.35%
293,663.08
299,218.45
100.38
1.21%
301,148.41
2,361.87
1.31%
1,929.96
Aaa / AA+
AAA
0.59 0.57
9128284D9 US Treasury Note
2.500% Due 03/31/2023
350,000.00 Various
2.73%
346,310.55
349,255.86
100.76
1.73%
352,652.30
23.91 1.53%
3,396.44
Aaa / AA+
AAA
1.00 0.99
912828R69 US Treasury Note
1.625% Due 05/31/2023
200,000.00 05/30/2018
2.67%
190,289.06
197,739.79
99.71 1.88%
199,421.80
1,089.29
0.87%
1,682.01
Aaa / AA+
AAA
1.17 1.14
91282CCD1 US Treasury Note
0.125% Due 05/31/2023
500,000.00 09/23/2021
0.22%
499,238.28
499,472.75
98.00 1.87%
489,980.50
209.48
2.12%
(9,492.25)
Aaa / AA+
AAA
1.17 1.16
91282CCU3 US Treasury Note
0.125% Due 08/31/2023
500,000.00 09/16/2021
0.22%
499,101.56
499,348.54
97.34 2.04%
486,679.50
54.35 2.11%
(12,669.04)
Aaa / AA+
AAA
1.42 1.40
912828U57 US Treasury Note
2.125% Due 11/30/2023
300,000.00 Various
2.56%
294,125.00
297,981.91
99.92 2.17%
299,754.00
2,136.67
1.31%
1,772.09
Aaa / AA+
AAA
1.67 1.62
912828V80 US Treasury Note
2.250% Due 01/31/2024
150,000.00 03/28/2019
2.21%
150,304.69
150,115.40
99.96 2.27%
149,935.50
559.39
0.65%
(179.90)
Aaa / AA+
AAA
1.84 1.78
912828WJ5 US Treasury Note
2.500% Due 05/15/2024
200,000.00 06/10/2019
1.91%
205,515.63
202,374.79
100.28
2.36%
200,554.60
1,892.27
0.88%
(1,820.19)
Aaa / AA+
AAA
2.13 2.04
91282CCX7 US Treasury Note
0.375% Due 09/15/2024
850,000.00 Various
0.49%
846,996.10
847,517.60
95.09 2.45%
808,263.30
147.25
3.50%
(39,254.30)
Aaa / AA+
AAA
2.46 2.42
As of March 31, 2022
31 60
Holdings Report
City of American Canyon - Account #10130
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.
Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
912828YH7 US Treasury Note
1.500% Due 09/30/2024
450,000.00 Various
1.65%
446,798.83
448,349.92
97.73 2.44%
439,769.70
18.45 1.90%
(8,580.22)
Aaa / AA+
AAA
2.50 2.43
9128283J7 US Treasury Note
2.125% Due 11/30/2024
225,000.00 12/12/2019
1.76%
228,875.98
227,081.15
99.11 2.47%
222,996.15
1,602.51
0.97%
(4,085.00)
Aaa / AA+
AAA
2.67 2.56
912828J27 US Treasury Note
2.000% Due 02/15/2025
400,000.00 03/04/2020
0.72%
424,921.88
414,487.22
98.69 2.47%
394,765.60
994.48
1.71%
(19,721.62)
Aaa / AA+
AAA
2.88 2.77
912828ZC7 US Treasury Note
1.125% Due 02/28/2025
500,000.00 Various
0.64%
508,781.26
506,940.74
96.22 2.48%
481,094.00
489.13
2.08%
(25,846.74)
Aaa / AA+
AAA
2.92 2.84
91282CAZ4 US Treasury Note
0.375% Due 11/30/2025
275,000.00 12/28/2020
0.38%
274,924.80
274,943.97
92.55 2.51%
254,525.43
345.64
1.10%
(20,418.54)
Aaa / AA+
AAA
3.67 3.59
91282CBC4 US Treasury Note
0.375% Due 12/31/2025
650,000.00 Various
0.71%
640,784.38
641,920.22
92.45 2.49%
600,945.15
612.75
2.60%
(40,975.07)
Aaa / AA+
AAA
3.76 3.68
91282CBT7 US Treasury Note
0.750% Due 03/31/2026
650,000.00 Various
0.90%
645,357.42
646,198.79
93.36 2.50%
606,861.45
13.32 2.63%
(39,337.34)
Aaa / AA+
AAA
4.00 3.90
91282CCP4 US Treasury Note
0.625% Due 07/31/2026
350,000.00 Various
1.04%
343,220.70
343,862.80
92.40 2.48%
323,394.40
362.57
1.40%
(20,468.40)
Aaa / AA+
AAA
4.34 4.23
91282CCW9 US Treasury Note
0.750% Due 08/31/2026
1,000,000.00 Various
0.88%
993,638.68
994,303.27
92.81 2.48%
928,125.01
652.17
4.02%
(66,178.26)
Aaa / AA+
AAA
4.42 4.29
91282CDG3 US Treasury Note
1.125% Due 10/31/2026
700,000.00 Various
1.28%
694,789.06
695,140.02
94.18 2.48%
659,285.20
3,306.63
2.87%
(35,854.82)
Aaa / AA+
AAA
4.59 4.40
TOTAL US Treasury 8,550,000.00 1.09%
8,527,636.94
8,536,253.19 2.30%
8,200,152.00
16,872.13
35.54%
(336,101.19)
Aaa / AA+
Aaa
2.88 2.80
TOTAL PORTFOLIO 23,750,997.62 1.26%
23,880,805.55
23,833,094.75 2.35%
23,052,746.59
65,641.08
100.00%
(780,348.16)
Aa1 / AA
Aaa
2.73 2.49
TOTAL MARKET VALUE PLUS ACCRUALS 23,118,387.67
As of March 31, 2022
32 61
SECTION | Section 4 | Transactions
33 62
Transaction Ledger
City of American Canyon - Account #10130
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount InterestPur/Sold Total Amount Gain/Loss
ACQUISITIONS
Purchase 01/13/2022 02665WEA5 110,000.00 American Honda Finance Note
1.5% Due: 01/13/2025
99.921 1.53% 109,913.10 0.00 109,913.10 0.00
Purchase 01/19/2022 05601XAC3 75,000.00 BMW Vehicle Lease Trust 2022-1 A3
1.1% Due: 03/25/2025
99.985 1.11% 74,988.79 0.00 74,988.79 0.00
Purchase 01/19/2022 380146AC4 50,000.00 GM Financial Auto Receivables 2022-1 A3
1.26% Due: 11/16/2026
99.991 1.27% 49,995.66 0.00 49,995.66 0.00
Purchase 01/24/2022 87612EBM7 135,000.00 Target Corp Callable Note Cont 12/15/2026
1.95% Due: 01/15/2027
99.830 1.99% 134,770.50 0.00 134,770.50 0.00
Purchase 01/27/2022 89114TZN5 195,000.00 Toronto-Dominion Bank Note
1.95% Due: 01/12/2027
99.259 2.11% 193,555.05 158.44 193,713.49 0.00
Purchase 01/27/2022 89114TZN5 105,000.00 Toronto-Dominion Bank Note
1.95% Due: 01/12/2027
99.176 2.13% 104,134.80 85.31 104,220.11 0.00
Purchase 02/07/2022 857477BR3 80,000.00 State Street Bank Callable Note Cont 2/6/2025
1.746% Due: 02/06/2026
100.000 1.75% 80,000.00 0.00 80,000.00 0.00
Purchase 02/23/2022 36265MAC9 160,000.00 GM Financial Auto Lease Trust 2022-1 A3
1.9% Due: 03/20/2025
99.999 1.91% 159,998.62 0.00 159,998.62 0.00
Purchase 02/23/2022 43815BAC4 125,000.00 Honda Auto Receivables Trust 2022-1 A3
1.88% Due: 05/15/2026
99.985 1.89% 124,981.20 0.00 124,981.20 0.00
Purchase 03/03/2022 808513BY0 75,000.00 Charles Schwab Corp Callable Note Cont 2/3/2027
2.45% Due: 03/03/2027
99.892 2.47% 74,919.00 0.00 74,919.00 0.00
Purchase 03/15/2022 084664CZ2 220,000.00 Berkshire Hathaway Callable Note Cont 2/15/2027
2.3% Due: 03/15/2027
99.981 2.30% 219,958.20 0.00 219,958.20 0.00
Purchase 03/16/2022 448977AD0 70,000.00 Hyundai Auto Receivables Trust 2022-A A3
2.22% Due: 10/15/2026
99.996 2.23% 69,997.31 0.00 69,997.31 0.00
December 31, 2021 through March 31, 2022
As of March 31, 2022
34 63
Transaction Ledger
City of American Canyon - Account #10130
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount InterestPur/Sold Total Amount Gain/Loss Purchase 03/16/2022 47787JAC2 95,000.00 John Deere Owner Trust 2022-A A3
2.32% Due: 09/16/2026
99.978 2.34% 94,978.99 0.00 94,978.99 0.00
Subtotal 1,495,000.00 1,492,191.22 243.75 1,492,434.97 0.00 TOTAL ACQUISITIONS 1,495,000.00 1,492,191.22 243.75 1,492,434.97 0.00
DISPOSITIONS
Sale 01/21/2022 912828L57 250,000.00 US Treasury Note
1.75% Due: 09/30/2022
100.906 0.43% 252,265.63 1,358.17 253,623.80 2,797.71
Sale 01/26/2022 313378CR0 225,000.00 FHLB Note
2.25% Due: 03/11/2022
100.271 0.08% 225,609.75 1,898.44 227,508.19 508.51
Sale 02/17/2022 3135G0T45 300,000.00 FNMA Note
1.875% Due: 04/05/2022
100.222 0.21% 300,666.00 2,062.50 302,728.50 709.25
Sale 03/09/2022 912828L57 300,000.00 US Treasury Note
1.75% Due: 09/30/2022
100.551 0.76% 301,652.34 2,307.69 303,960.03 2,171.75
Sale 03/14/2022 912828M49 100,000.00 US Treasury Note
1.875% Due: 10/31/2022
100.621 0.88% 100,621.09 694.06 101,315.15 903.62
Subtotal 1,175,000.00 1,180,814.81 8,320.86 1,189,135.67 7,090.84 TOTAL DISPOSITIONS 1,175,000.00 1,180,814.81 8,320.86 1,189,135.67 7,090.84 December 31, 2021 through March 31, 2022
As of March 31, 2022
35 64
Important Disclosures
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As of March 31, 2022
36 65
Benchmark Disclosures
ICE BofA 1-5 Yr US Treasury & Agency Index
The ICE BofA 1-5 Year US Treasury & Agency Index tracks the performance of US dollar denominated US Treasury and nonsubordinated US agency debt issued in the US domestic market. Qualifying securities must have an investment grade rating (based on an average of Moody’s, S&P and Fitch). Qualifying securities must have at least one year remaining term to final maturity and less than five years remaining term to final maturity, at least 18 months to maturity at time of issuance, a fixed coupon schedule, and a minimum amount outstanding of $1 billion for sovereigns and $250 million for agencies.
As of March 31, 2022
37 66
CITY COUNCIL AGENDA
MAY 17, 2022
STAFF REPORT
CONSENT
ITEM NUMBER: 13.
TITLE
Water Meter Purchase
RECOMMENDATION
Adopt a Resolu%on approving the purchase of water meters from Aqua-Metric Sales, Co. in an amount not to exceed $75,000
CONTACT
Felix Hernandez, III, Maintenance and Utilities Director Dominic Patrick, Water Systems Manager
BACKGROUND & ANALYSIS
Staff intends to replace water meters ranging from ¾” to 6” and ancillary components in FY 2021/22 through the on-going meter replacement program. This will allow staff to upgrade these meters that are reaching their end of useful life in conjunc%on with the implementa%on of the Automated Meter Infrastructure (AMI) Project, which will result in near real-%me consump%on data being available for customers. The project cost of these meters is $75,000.
Aqua-Metric Sales, Co. (AMS/Thirke@le) is the sole-source supplier of our water meters, both for replacement meters and for new installa%ons. In 2020 AMS/Thirke@le became the new Northern California representative for Sensus, the vendor selected by the City in 2004.
COUNCIL PRIORITY PROGRAMS AND PROJECTS
Infrastructure: "Develop and maintain infrastructure resources to support sustainable growth."
FISCAL IMPACT
There are sufficient funds appropriated for FY 2021/22 in the Water Enterprise Fund in the Budget Line Item 510-50-565-43130 (Water Meters) to cover these expenditures.
ENVIRONMENTAL REVIEW
15378(b) - The ac%on is not a "Project" subject to the California Environmental Quality Act ("CEQA") because it does not qualify as a "Project" under Public Resources Code Sec%ons 21065 and 21080 and in Section 15378(b) of Title 14 of the California Code of Regulations. 67 ATTACHMENTS:
1. Resolution - FY2021-22 Water Meter Purchase
68 RESOLUTION NO. 2022-______
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AMERICAN CANYON APPROVING THE PURCHASE OF WATER METERS FROM AQUA-METRIC SALES, CO. IN AN AMOUNT NOT TO EXCEED $75,000
WHEREAS, the City of American Canyon has an ongoing water meter replacement program to replace old meters in various sizes to more accurately read and record flow measurement; and ancillary components that are in need of replacement in FY 2021-22, at an estimated cost of $75,000; and WHEREAS, the City Council approved the sole-source purchase of Sensus water meters and ancillary components in February 2004; and
WHEREAS, In 2020 Aqua-Metric Sales, Co. (AMS/Thirkettle) became the new Northern California representative for Sensus and is the sole-source supplier of our water meters, both for replacement meters and for new installations; and
WHEREAS, there are sufficient funds appropriated for FY 2021/22 in the Water Enterprise Fund, account number 510-50-565-43130 (Water Meters), to cover these expenditures; and WHEREAS, authorizing an open purchase order will expedite the purchase and delivery of water meters throughout the year, as needed.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of American Canyon hereby approves the purchase of water meters from Aqua-Metric Sales, Co. in an amount not to exceed $75,000.
PASSED, APPROVED and ADOPTED at a regularly scheduled meeting of the City Council of the City of American Canyon held on the 17th day of May 2022, by the following vote:
AYES:
NOES:
ABSTAIN:
ABSENT:
____________________________
Leon Garcia, Mayor
ATTEST: APPROVED AS TO FORM:
____________________________ _____________________________ Taresa Geilfuss, City Clerk William D. Ross, City Attorney 69 CITY COUNCIL AGENDA
MAY 17, 2022
STAFF REPORT
BUSINESS
ITEM NUMBER: 14.
TITLE
Proposed Fiscal Year 2022-23 Budget
RECOMMENDATION
Review Proposed Fiscal Year 2022-23 Budget and discuss Key Performance Indicators.
CONTACT
Lincoln Bogard, Finance Director
BACKGROUND & ANALYSIS
Since mid-January, staff has been ac4vely developing the City’s Fiscal Year 2022-23 Budget. The prolonged and unpredictable nature of the COVID-19 Pandemic, along with heightened infla4onary pressures and economic uncertainty, have required staff to adapt its budget process and re-evaluate the City’s financial situa4on. To engage the City Council and our residents in this process, staff presented a Budget Workshop on April 5, 2022. Since then, addi4onal revenues and expenditures have been iden4fied. Staff has also iden4fied addi4onal savings due to purchase orders not being expended and additional salary savings due to vacancies this fiscal year.
The April 5 Workshop focused primarily on the General Fund because it most directly impacts the City's discre4onary revenues and expenditures. This report today provides the City Council with a summary of all City Funds – and an update to the newly incorporated projec4ons for the General Fund. The City's overall Budget is comprised ofGovernmental Funds such as General Fund, Special Revenue Funds, Capital Projects Funds, and Debt Service Funds;Enterprise Fundssuch as Water Enterprise Fund, Wastewater Enterprise Fund, and Recycled Water Enterprise Fund; andInternal Service Funds, such as Building Maintenance, Fleet, Information Technology, and Legal Services.
The "Proposed Budget" will be presented to City Council on May 17 and the "Final Budget" will be adopted by Council on June 21. Despite the new projected savings, the General Fund is s4ll currently an4cipa4ng a shorDall. Absent addi4onal changes, the Final Budget will u4lize unassigned fund balance to make up this shortfall.
The Fiscal Year 2022-23 Budget appropria4ons for all funds is approximately $85.8M (an increase of
19.7% or approximately $14.1M from the Fiscal Year 2021-22 Adopted Budget), with General Fund appropria4ons of approximately $26.1M (an increase of 6.7% or approximately $1.6M).Attachment 70 1 shows the overall budget categories at their aggregate levels.
General Fund
General Fund Revenues total approximately $25.1M. Property Taxes are expec4ng a 3.8% increase due to the strong real estate market in 2021. Sales Taxes are es4mated to con4nue to grow by at $85k next FY; however, the Circle K gas sta4on/convenience store is expected to increase Sales Tax by an addi4onal $50k to $60k annually. Transient Occupancy Taxes (TOT) from the 3 exis4ng hotels are expected to remain strong in the coming fiscal year (approximately $1.5M). Addi4onal hotels (Home to Suites, Hampton Inn, and Watson Ranch) are planned to be under construc4on in the coming years and once complete, the result is expected to double TOT revenue. We are expec4ng other taxes such as to Cardroom Tax ($450k) and Franchise Fees ($900k) to return to pre-pandemic levels. Most of these es4mates are based on consultant analysis of economic performance. The remainder of the revenues are budgeted conserva4vely and will be reassessed as more informa4on becomes available. If no updates are obtained before the Final Budget is presented to Council for adoption in June, we will reassess trends during the midyear budget amendment process.
General Fund Expenditures total approximately $26.1M. Expenditures include reinstatement of vacant posi4ons frozen during the pandemic, growth in personnel costs an4cipated by ongoing labor nego4a4ons, projected step increases for eligible employees, and increased costs for CalPERS Re4rement and Other Post Employment Benefits. Non-personnel expenditures include increased staffing for Sheriff Contract for Police Services, contribu4ons to the Internal Service Fund budgets for Fleet and Informa4on Technology, increased insurance and contractual services costs, as well as the resumption of all Parks and Recreation services.
The Budget includes increasing the General Fund Reserve by approximately $163k. The Capital Projects Reserve will achieve target funding of $2 million in Fiscal Year 2021-22 and the Economic Development Reserve is already funded to its $1 million target.
To address the expected shorDall, staff currently proposes to use approximately $1.0 M in Unassigned Fund Balance. This result will reduce the ending balance for FY 2022-23 to approximately $2.3M. Staff will con4nue to refine the Final Budget further prior to recommending adoption by City Council in June.
FY 2022-23 Capital Improvement Program
The current funding for ongoing projects is primarily from restricted Governmental Funds sources, as well as Enterprise Funds, where appropriate. City Council recently appropriated $4.38M of the $4.89M of American Rescue Plan Act (ARPA) funding that will also be combined with the preceding sources to provide the approved improvements. The City is in its final year of its 5-year Capital Improvement Plan (CIP) and staff will bringing a new CIP to Council on June 21.
Water Enterprise Fund
Water Fund proposed revenue is $10.2M. Water Fund proposed expenditure is $10.7M. The 71 shorDall will be funded from unrestricted net posi4on. A rate study is currently underway to iden4fy future needs and resources, which will be brought to Council for consideration.
Wastewater Enterprise Fund
Wastewater Fund proposed revenue is $4.7M. Wastewater Fund proposed expenditure is $6.8M.
This fund con4nues to be structurally imbalanced this year, as $2.1M of unrestricted net posi4on is being used to fund expenditures. Again, a rate study is currently underway to iden4fy future needs and resources, which will be brought to Council for consideration.
Recycled Water Enterprise Fund
This was a newly created fund as of FY 2020-21 and is now reported as a separate enterprise fund in our financial statements. Recycled Water is a key aspect of our water supply system – and as such – it was appropriate to create a separate enterprise fund separate from the Water and Wastewater Enterprise Funds. The proposed opera4ng fund revenue totals $130k and proposed expenditures total $816k. Currently, no employees reside in this fund and we moved assets, liabili4es and net posi4ons to the newly created fund in Fiscal Year 2020-21. No rate studies have been completed for Recycled Water to date and it is included in the one currently underway to iden4fy future needs and resources, which will be brought to Council for consideration.
Internal Services Funds (ISF)
The City has maintained four internal service funds to support city services: Building Maintenance, Fleet, Informa4on Technology, and Legal Services. The goal of any ISF is to breakeven over 4me.
Fund Balances are allowable if there is a plan to use those resources to fulfill the objec4ve of the fund, such as Informa4on Technology infrastructure and fleet replacements. Total ISF funding for FY 2022-23 is budgeted to increase by $1.5M. Approximately, $420k of that is to resolve nega4ve net posi4on issues in some ISF funds. This large increase is also due to a change in what items are considered to be ISF eligible. For example, historically, if an item would fit but was for the benefit of only one of two departments, those departments would budget outside of the ISFs. Now, we are including them here to remove some of the large fluctuations from year to year.
Debt Service
The City maintains total debt of $12.2M (June 30, 2021) – with annual debt service payments of $1.4M in FY 2021-22 and $1.9M in FY 2022-23 across a number of funding sources, excluding nonfinanced long-term liabili4es such as compensated absences, claims and judgments, net pension liability, and other post employment benefits. General Fund debt service is decreasing by $1,645 in FY 2022-23 to $134k. This is primarily due to the final payments on the gymnasium used by the Boys and Girls Club – 2012 Lease Revenue debt will be paid in Fiscal Year 2021-22. The General Fund portion of the ENGIE project debt service (15.9%) is a new obligation in the Debt Service Fund.
Looking towards the Future
As a result of the pandemic, the City re-invented how it delivers services to our residents and businesses. A cri4cal and necessary change was the crea4on of a Virtual City Hall - American Canyon 72 is open for business; we are just open differently than before.
Projected growth in American Canyon will increase our property tax base, which accounts for over half of the City’s discre4onary income. New residen4al develop will likely increase sales tax revenues to help pay for CIty services. There is also 3 proposed new hotels that would supplement TOT revenues and a new Circle K, which expected to open in early 2023, which will increase sales and gas taxes.
When the pandemic began, the City was projec4ng a significant structural deficit. The ini4al impact of the pandemic was not as significant as expected, but the aQereffects are s4ll lingering and causing some concerns. Our projec4ons for Fiscal Year 2022-23 con4nue to evolve with the increasing infla4onary pressures that are par4ally an impact of the COVID-19 Pandemic response and the economic uncertainty resul4ng from the conflict between Russia and Ukraine. The Federal Reserve has raised target overnight rates from 0.25% to 1.00% in the last 90 days, with more increase forecast in 2023. Along with increased fuel costs and food costs, overall borrowing is becoming more expensive.
Addi4onally, the City is in the midst of contract nega4ons with its rep[resented employees. The Proposed Budget includes assump4ons also include Cost of Living Adjustments and Step Increases inline with historical actuals.
Currently, the Proposed Budget brings many services back to pre-pandemic levels. Staff con4nues to refine the 10-Year Budget Forecast, which will be incorporated in Final Budget in June. ThereaQer staff will con4nue to develop a more dynamic and robust Long-Term Financial Forecast (LTFF). The LTFF will iden4fy the depth and dura4on of this shorDall and to iden4fy ways to alleviate it. We are already looking to iden4fy addi4onal grants and other reoccurring revenue sources that may help offset the impact.
Next Steps
Staff will provide the City Council with a Recommended Fiscal Year 2021-22 Budget for adop4on on June 21, 2022.
COUNCIL PRIORITY PROGRAMS AND PROJECTS
Organizational Effectiveness: "Deliver exemplary government services."
FISCAL IMPACT
There is no fiscal impact for this item. It states current expected budget for Fiscal Year 2022-23 and upon adop4on of the Recommended Budget in June will allow spending up to approved appropriation levels.
ENVIRONMENTAL REVIEW
Not applicable.
73 ATTACHMENTS:
1. Summary of General Fund Revenues, Expenditures, and Fund Balances 74 REVENUES 2017-18 Actuals 2018-19 Actuals 2019-20 Actuals 2020-21 Actuals 2021-22 Budget 2022-23 Budget 2023-24 Budget 2024-25 Budget PROPERTY TAX 9,778,187.00 10,552,090.00 11,140,203.00 11,348,828.00 12,072,082.00 12,530,624.00 13,063,176.00 13,585,703.00 SALES TAX 2,800,575.00 2,710,944.00 2,463,610.00 2,848,230.00 2,681,142.00 3,016,000.00 3,116,000.00 3,216,000.00 TRANSIENT OCCUPANCY TAX 1,593,331.00 1,548,920.00 1,140,969.00 885,394.00 1,514,746.00 1,553,893.00 1,709,282.00 1,965,675.00 OTHER TAXES 657,300.00 688,897.00 382,440.00 319,570.00 413,347.00 439,958.00 468,061.00 496,417.00 TOTAL TAX REVENUES 14,829,393.00 15,500,851.00 15,127,222.00 15,402,022.00 16,681,317.00 17,540,475.00 18,356,519.00 19,263,794.00 FRANCHISE FEES 738,064.00 750,990.00 784,698.00 814,696.00 872,778.00 913,000.00 945,865.00 980,624.00 LICENSES AND PERMITS 565,919.00 218,405.00 308,107.00 362,504.00 361,804.00 475,900.00 499,695.00 524,680.00 FINES, FORFEITURES, AND PENALTIES 79,428.00 139,272.00 60,068.00 70,242.00 60,113.00 68,130.00 74,943.00 78,690.00 INTERGOVERNMENTAL 60,934.00 290,984.00 61,093.00 82,743.00 53,000.00 58,723.00 57,500.00 57,500.00 CHARGES FOR SERVICES 2,162,656.00 1,825,774.00 944,836.00 1,164,863.00 1,527,759.00 2,000,920.00 2,131,638.00 2,246,263.00 INVESTMENT EARNINGS (INTEREST AND RENTS) 210,046.00 987,814.00 1,070,610.00 92,279.00 416,633.00 455,034.00 482,656.00 514,055.00 MISCELLANEOUS 548,623.00 715,515.00 480,117.00 371,166.00 689,664.00 566,141.00 450,082.00 450,082.00 TOTAL OPERATING REVENUES 4,365,670.00 4,928,754.00 3,709,528.00 2,958,493.00 3,981,751.00 4,537,848.00 4,642,379.00 4,851,893.00 TRANSFERS IN - INTERFUND FOR SUPPORT SERVICES 1,183,700.00 1,313,800.00 1,385,500.00 1,486,363.00 1,612,900.00 1,925,651.00 2,021,934.00 2,123,030.00 TRANSFERS IN - GASOLINE TAX 300,000.00 300,000.00 300,000.00 300,000.00 300,000.00 300,000.00 300,000.00 300,000.00 TRANSFERS IN - CAPITAL PROJECTS 161,102.00 520,292.00 371,030.00 472,950.00 398,346.00 140,000.00 140,000.00 140,000.00 TRANSFERS IN - OTHER 51,217.00 300,800.00 183,654.00 373,200.00 545,000.00 698,000.00 698,000.00 698,000.00 TOTAL TRANSFERS IN 1,696,018.00 2,434,892.00 2,240,184.00 2,632,513.00 2,856,246.00 3,063,651.00 3,159,934.00 3,261,030.00 TOTAL REVENUES 20,891,081.00 22,864,498.00 21,076,934.00 20,993,029.00 23,519,314.00 25,141,974.00 26,158,832.00 27,376,718.00
EXPENDITURES
SALARIES 4,852,526.00 4,680,995.00 5,090,516.00 4,392,433.00 5,207,638.00 6,097,333.00 6,332,869.00 6,569,197.00 BENEFITS 1,152,180.00 1,231,393.00 1,204,813.00 1,292,298.00 1,485,540.00 1,452,987.00 1,482,047.00 1,511,688.00 RETIREMENT (CalPERS) 610,070.00 659,567.00 731,134.00 730,520.00 866,099.00 939,363.00 1,014,512.00 1,075,382.00 RETIREE MEDICAL (OPEB) 413,918.00 312,405.00 287,655.00 476,347.00 485,900.00 515,781.00 557,043.00 584,896.00 TOTAL PERSONNEL 7,028,694.00 6,884,359.00 7,314,118.00 6,891,598.00 8,045,177.00 9,005,463.00 9,386,471.00 9,741,163.00 SUPPLIES AND SERVICES 5,211,845.00 5,578,997.00 4,620,694.00 3,658,525.00 6,560,134.00 6,739,127.00 6,441,957.00 6,319,518.00 INTERNAL SERVICE FEES 1,086,200.00 1,230,500.00 363,500.00 1,443,200.00 1,598,000.00 2,063,779.00 1,857,401.00 1,764,531.00 DEBT SERVICE 896,300.00 792,769.00 473,159.00 54,670.00 135,381.00 133,736.00 505,589.00 507,098.00 SHERIFF CONTRACT 6,029,430.00 6,210,313.00 6,751,165.00 6,778,700.00 7,224,381.00 7,666,071.00 8,051,071.00 8,292,603.00 UTILITES 445,103.00 441,740.00 492,072.00 469,878.00 594,409.00 613,338.00 629,656.00 646,989.00 CAPITAL OUTLAY 49,043.00 23,712.00 103,432.00 29,107.00 371,285.00 18,000.00 18,000.00 18,000.00 MISCELLANEOUS (65,700.00) (236,059.00) (36,680.00) (45,807.00) (57,100.00) (55,927.00) (55,927.00) (55,927.00) TOTAL NON-PERSONNEL 13,652,221.00 14,041,972.00 12,767,341.00 12,388,273.00 16,426,490.00 17,178,124.00 17,447,747.00 17,492,812.00 TRANSFERS OUT - CAPITAL PROJECTS 69,274.00 136,057.00 524,912.00 0.01 67,790.00 - - - TRANSFERS OUT - OTHER - - 38,666.00 299,646.00 - - - -
TOTAL TRANSFERS OUT 69,274.00 136,057.00 563,579.00 299,646.00 67,790.00 - - - TOTAL EXPENDITURES 20,750,190.00 21,062,387.00 20,645,038.00 19,579,518.00 24,539,457.00 26,183,587.00 26,834,218.00 27,233,975.00 Revenues Less Expenditures 140,891.00 1,802,111.00 431,896.00 1,413,511.00 (1,020,143.00) (1,041,613.00) (675,386.00) 142,742.00 Total Fund Balance 8,557,106.00 10,359,217.00 10,791,113.00 12,204,624.00 11,184,481.00 10,142,868.00 9,467,482.00 9,610,224.00 Proposed Budget General Fund Revenues and Expenditures and Trends 75 REVENUES 2017-18 Actuals 2018-19 Actuals 2019-20 Actuals 2020-21 Actuals 2021-22 Budget 2022-23 Budget 2023-24 Budget 2024-25 Budget PROPERTY TAX 583,065.00 581,237.00 637,547.00 668,114.00 690,172.00 640,500.00 659,715.00 679,506.00 SALES TAX 361,497.00 9,434,516.00 1,731,038.00 1,218,056.00 1,177,379.00 1,600,000.00 1,400,000.00 1,500,000.00 TOTAL TAX REVENUES 944,562.00 10,015,753.00 2,368,585.00 1,886,169.00 1,867,551.00 2,240,500.00 2,059,715.00 2,179,506.00 LICENSES AND PERMITS - - - - 5,000.00 - - -
INTERGOVERNMENTAL 1,118,904.00 2,830,048.00 1,744,147.00 4,544,174.00 19,314,842.00 10,534,087.00 10,534,087.00 10,534,087.00 CHARGES FOR SERVICES - - 100,000.00 2,342.00 454.00 39,444.00 39,444.00 39,444.00 INVESTMENT EARNINGS (INTEREST AND RENTS) 47,941.00 192,943.00 242,413.00 72,179.00 139,624.00 86,649.00 102,679.00 121,915.00 MISCELLANEOUS 78,110.00 37,823.00 12,540.00 494,094.00 40,480.00 - - - TOTAL OPERATING REVENUES 1,244,956.00 3,060,814.00 2,099,100.00 5,112,789.00 19,500,400.00 10,660,180.00 10,676,210.00 10,695,446.00 TRANSFERS IN - OTHER - - - 232,146.00 - - - -
TOTAL REVENUES 2,189,518.00 13,076,567.00 4,467,685.00 7,231,105.00 21,367,951.00 12,900,680.00 12,735,925.00 12,874,952.00
EXPENDITURES
SUPPLIES AND SERVICES 444,825.00 1,081,227.00 480,590.00 455,710.00 2,140,401.00 1,243,500.00 1,243,500.00 1,243,500.00 DEBT SERVICE 300,000.00 - - - - - - -
UTILITES 184,401.00 116,794.00 102,788.00 115,704.00 159,961.00 130,614.00 134,411.00 138,411.00 TOTAL NON-PERSONNEL 929,226.00 1,198,021.00 583,378.00 571,414.00 2,300,362.00 1,374,114.00 1,377,911.00 1,381,911.00 TRANSFERS OUT - CAPITAL PROJECTS 1,436,296.00 1,268,375.00 1,484,049.00 4,705,952.00 18,260,000.00 14,329,968.00 14,329,968.00 14,329,968.00 TRANSFERS OUT - OTHER 546,675.00 984,739.00 642,630.00 832,321.00 1,068,346.00 998,000.00 998,000.00 998,000.00 TOTAL TRANSFERS OUT 1,982,971.00 2,253,114.00 2,126,679.00 5,538,274.00 19,328,346.00 15,327,968.00 15,327,968.00 15,327,968.00 TOTAL EXPENDITURES 2,912,197.00 3,451,135.00 2,710,057.00 6,109,688.00 21,628,708.00 16,702,082.00 16,705,879.00 16,709,879.00 Revenues Less Expenditures (722,679.00) 9,625,432.00 1,757,628.00 1,121,417.00 (260,757.00) (3,801,402.00) (3,969,954.00) (3,834,927.00) Total Fund Balance 809,820.00 10,435,252.00 12,192,880.00 13,314,297.00 13,053,540.00 9,252,138.00 5,282,184.00 1,447,257.00 Proposed Budget Special Revenue Funds Revenues and Expenditures and Trends 76 TOTAL REVENUES 2017-18 Actuals 2018-19 Actuals 2019-20 Actuals 2020-21 Actuals 2021-22 Budget 2022-23 Budget 2023-24 Budget 2024-25 Budget CHARGES FOR SERVICES 6,019,393.00 681,838.00 2,702,106.00 1,666,282.00 1,361,704.00 7,505,894.00 7,505,894.00 7,505,894.00 INVESTMENT EARNINGS (INTEREST AND RENTS) 70,202.00 166,629.00 160,035.00 41,200.00 47,953.00 42,342.00 50,810.00 60,972.00 MISCELLANEOUS 20,000.00 159,685.00 91,898.00 11,059.00 3,138.00 - - - TOTAL OPERATING REVENUES 6,109,595.00 1,008,152.00 2,954,040.00 1,718,542.00 1,412,795.00 7,548,236.00 7,556,704.00 7,566,866.00 TRANSFERS IN - GASOLINE TAX 1,289.00 142,887.00 (33,531.00) - - - - - TRANSFERS IN - CAPITAL PROJECTS 1,671,899.00 1,538,534.00 2,132,940.00 6,419,788.00 22,049,565.00 16,066,231.00 16,066,231.00 16,066,231.00 TRANSFERS IN - OTHER 23,477.00 161,419.00 542,959.00 0.01 - - - - TOTAL TRANSFERS IN 1,696,664.00 1,842,840.00 2,642,367.00 6,419,788.00 22,049,565.00 16,066,231.00 16,066,231.00 16,066,231.00 TOTAL REVENUES 7,806,260.00 2,850,993.00 5,596,407.00 8,138,330.00 23,462,360.00 23,614,467.00 23,622,935.00 23,633,097.00
EXPENDITURES
SUPPLIES AND SERVICES 307,262.00 119,360.00 1,373,121.00 132,000.00 2,447,482.00 185,001.00 385,001.00 385,001.00 DEBT SERVICE - - 286,977.00 284,024.00 - - - -
CAPITAL OUTLAY 1,764,275.00 1,837,531.00 2,642,367.00 6,181,988.00 20,582,568.00 16,606,625.00 16,606,625.00 16,606,625.00 TOTAL NON-PERSONNEL 2,071,537.00 1,956,891.00 4,302,465.00 6,598,012.00 23,030,050.00 16,791,626.00 16,991,626.00 16,991,626.00 TRANSFERS OUT - CAPITAL PROJECTS 1,427,384.00 1,075,117.00 633,406.00 487,409.00 1,116,575.00 1,365,270.00 1,365,270.00 1,365,270.00 TRANSFERS OUT - OTHER - 212,500.00 162,500.00 237,800.00 - - - - TOTAL TRANSFERS OUT 1,427,384.00 1,287,617.00 795,906.00 725,209.00 1,116,575.00 1,365,270.00 1,365,270.00 1,365,270.00 TOTAL EXPENDITURES 3,498,922.00 3,244,508.00 5,098,371.00 7,323,222.00 24,146,625.00 18,156,896.00 18,356,896.00 18,356,896.00 Revenues Less Expenditures 4,307,338.00 (393,515.00) 498,036.00 815,108.00 (684,265.00) 5,457,571.00 5,266,039.00 5,276,201.00 Total Fund Balance 7,459,165.00 7,065,650.00 7,563,686.00 8,378,794.00 7,694,529.00 13,152,100.00 18,418,139.00 23,694,340.00 Proposed Budget Capital Projects Funds Revenues and Expenditures and Trends 77 REVENUES 2017-18 Actuals 2018-19 Actuals 2019-20 Actuals 2020-21 Actuals 2021-22 Budget 2022-23 Budget 2023-24 Budget 2024-25 Budget INVESTMENT EARNINGS (INTEREST AND RENTS) (2,802.00) 3,335.00 (1,128.00) (172.00) - - - - MISCELLANEOUS - - - 5,100,924.00 - - - -
TOTAL OPERATING REVENUES (2,802.00) 3,335.00 (1,128.00) 5,100,752.00 - - - - TRANSFERS IN - INTERFUND FOR SUPPORT SERVICES 896,300.00 792,769.00 760,136.00 338,694.00 - - - - TRANSFERS IN - OTHER - - - - 135,381.00 133,737.00 505,590.00 507,100.00 TOTAL TRANSFERS IN 896,300.00 792,769.00 760,136.00 338,694.00 135,381.00 133,737.00 505,590.00 507,100.00 TOTAL REVENUES 893,498.00 796,104.00 759,008.00 5,439,446.00 135,381.00 133,737.00 505,590.00 507,100.00
EXPENDITURES
DEBT SERVICE 896,124.00 825,784.00 760,136.00 4,910,490.00 135,381.00 133,737.00 505,589.00 507,099.00 TRANSFERS OUT - OTHER - - - 463,231.00 - - - -
TOTAL EXPENDITURES 896,124.00 825,784.00 760,136.00 5,373,721.00 135,381.00 133,737.00 505,589.00 507,099.00 Revenues Less Expenditures (2,626.00) (29,679.00) (1,128.00) 65,725.00 - - 1.00 1.00 Total Fund Balance 29,679.00 - (1,128.00) 64,597.00 64,597.00 64,597.00 64,598.00 64,599.00 Proposed Budget Debt Service Funds Revenues and Expenditures and Trends 78 REVENUES 2017-18 Actuals 2018-19 Actuals 2019-20 Actuals 2020-21 Actuals 2021-22 Budget 2022-23 Budget 2023-24 Budget 2024-25 Budget FINES, FORFEITURES, AND PENALTIES 77,173.00 81,256.00 69,102.00 - 101,551.00 112,291.00 117,906.00 123,801.00 INTERGOVERNMENTAL 7,766.00 - 3,676.00 3,636.00 - - - -
CHARGES FOR SERVICES 9,157,361.00 7,087,957.00 7,675,161.00 9,404,079.00 9,218,078.00 14,591,030.00 11,582,356.00 11,787,651.00 INVESTMENT EARNINGS (INTEREST AND RENTS) 165,411.00 326,813.00 311,733.00 1,272,103.00 192,398.00 173,130.00 207,756.00 249,307.00 MISCELLANEOUS 259,400.00 210,200.00 198,341.00 604,979.00 142,874.00 371,000.00 371,000.00 371,000.00 TOTAL OPERATING REVENUES 9,667,111.00 7,706,226.00 8,258,013.00 11,284,797.00 9,654,901.00 15,247,451.00 12,279,017.00 12,531,759.00 TRANSFERS IN - CAPITAL PROJECTS 488,599.00 1,291,469.00 534,237.00 5,686,595.00 - - - - INTRA-FUND TRANSFERS IN - - - 587,591.00 1,469,643.00 85,675.00 89,171.00 92,812.00 TOTAL TRANSFERS IN 488,599.00 1,291,469.00 534,237.00 6,274,186.00 1,469,643.00 85,675.00 89,171.00 92,812.00 TOTAL REVENUES 10,155,709.00 8,997,695.00 8,792,250.00 17,558,983.00 11,124,544.00 15,333,126.00 12,368,188.00 12,624,571.00
EXPENSES
SALARIES 922,056.00 861,510.00 1,017,524.00 922,624.00 1,128,275.00 1,216,869.00 1,265,246.00 1,315,553.00 BENEFITS 258,358.00 292,312.00 345,149.00 446,617.00 303,252.00 373,686.00 381,160.00 388,783.00 RETIREMENT (CalPERS) 123,929.00 134,315.00 142,735.00 160,516.00 168,997.00 162,738.00 175,757.00 186,302.00 RETIREE MEDICAL (OPEB) 52,905.00 53,911.00 65,897.00 146,654.00 100,700.00 80,882.00 87,353.00 91,720.00 TOTAL PERSONNEL 1,357,248.00 1,342,047.00 1,571,306.00 1,676,411.00 1,701,224.00 1,834,175.00 1,909,515.00 1,982,358.00 SUPPLIES AND SERVICES 2,617,629.00 2,773,451.00 3,089,647.00 3,094,249.00 5,644,077.00 6,485,754.00 6,578,713.00 6,722,422.00 INTERNAL SERVICE FEES 261,700.00 191,200.00 97,500.00 178,300.00 363,350.00 684,874.00 616,387.00 585,567.00 DEBT SERVICE 421,142.00 431,124.00 427,373.00 275,989.00 307,843.00 178,413.00 241,598.00 274,966.00 UTILITES 123,536.00 139,116.00 135,096.00 175,716.00 138,400.00 98,628.00 97,988.00 97,362.00 CAPITAL OUTLAY 513,762.00 1,291,469.00 539,440.00 586,549.00 1,631,000.00 - - - MISCELLANEOUS 763,214.00 (32,245.00) 684,332.00 805,496.00 1,379,800.00 (136,135.00) (193,355.00) (229,862.00) TOTAL NON-PERSONNEL 4,700,984.00 4,794,114.00 4,973,387.00 5,116,299.00 9,464,470.00 7,311,534.00 7,341,331.00 7,450,456.00 TRANSFERS OUT - CAPITAL PROJECTS 488,599.00 469,278.00 534,237.00 536,601.00 2,134,300.00 1,411,408.00 1,411,408.00 1,411,408.00 TRANSFERS OUT - OTHER 604,300.00 622,156.00 672,993.00 4,504,054.00 942,900.00 1,002,472.00 1,049,596.00 1,099,075.00 INTRA-FUND TRANSFERS OUT - - - 587,590.00 1,469,643.00 171,350.00 89,171.00 92,813.00 TOTAL TRANSFERS OUT 1,092,899.00 1,091,435.00 1,207,230.00 5,628,245.00 4,546,843.00 2,585,230.00 2,550,175.00 2,603,296.00 TOTAL EXPENSES 7,151,131.00 7,227,596.00 7,751,924.00 12,420,955.00 15,712,537.00 11,730,939.00 11,801,021.00 12,036,110.00 Revenues Less Expenses 3,004,579.00 1,770,099.00 1,040,327.00 5,138,028.00 (4,587,993.00) 3,602,187.00 567,168.00 588,461.00 Total Net Position 32,238,672.00 34,008,771.00 35,049,098.00 40,187,126.00 35,599,133.00 39,201,320.00 39,768,488.00 40,356,949.00 Proposed Budget Water Enterprises Funds Revenues and Expenditures and Trends 79 REVENUES 2017-18 Actuals 2018-19 Actuals 2019-20 Actuals 2020-21 Actuals 2021-22 Budget 2022-23 Budget 2023-24 Budget 2024-25 Budget FINES, FORFEITURES, AND PENALTIES 56,000.00 64,802.00 44,943.00 - 64,699.00 74,350.00 78,068.00 81,971.00 INTERGOVERNMENTAL 10,976.00 5,430.00 5,393.00 - - - - - CHARGES FOR SERVICES 5,946,294.00 4,489,068.00 4,546,339.00 5,070,156.00 5,141,139.00 7,342,663.00 5,626,369.00 5,699,345.00 INVESTMENT EARNINGS (INTEREST AND RENTS) 273,103.00 334,159.00 305,318.00 192,391.00 34,352.00 19,757.00 23,708.00 28,450.00 MISCELLANEOUS 18,767.00 9,249.00 22,878.00 52,451.00 20,097.00 22,500.00 22,500.00 22,500.00 TOTAL OPERATING REVENUES 6,305,140.00 4,902,708.00 4,924,872.00 5,314,998.00 5,260,287.00 7,459,270.00 5,750,645.00 5,832,266.00 TRANSFERS IN - INTERFUND FOR SUPPORT SERVICES 389,500.00 389,500.00 389,444.00 - - - - - TRANSFERS IN - CAPITAL PROJECTS 1,488,298.00 724,229.00 659.00 57,125.00 652,000.00 566,678.00 566,678.00 566,678.00 TRANSFERS IN - OTHER 334,354.00 81,991.00 - - - - - -
INTRA-FUND TRANSFERS IN - - - 3,140,382.00 2,482,510.00 481,641.00 490,074.00 498,857.00 TOTAL TRANSFERS IN 2,212,151.00 1,195,720.00 390,103.00 3,197,507.00 3,134,510.00 1,048,319.00 1,056,752.00 1,065,535.00 TOTAL REVENUES 8,517,292.00 6,098,428.00 5,314,976.00 8,512,505.00 8,394,797.00 8,507,589.00 6,807,397.00 6,897,801.00
EXPENSES
SALARIES 1,070,778.00 1,029,837.00 1,085,841.00 1,037,860.00 1,194,000.00 1,442,497.00 1,499,869.00 1,559,531.00 BENEFITS 384,409.00 303,780.00 270,735.00 376,555.00 281,263.00 368,945.00 376,324.00 383,850.00 RETIREMENT (CalPERS) 156,471.00 168,410.00 173,543.00 179,676.00 204,127.00 232,698.00 251,314.00 266,393.00 RETIREE MEDICAL (OPEB) 69,996.00 69,641.00 77,958.00 74,459.00 100,700.00 91,089.00 98,376.00 103,295.00 TOTAL PERSONNEL 1,681,653.00 1,571,667.00 1,608,077.00 1,668,550.00 1,780,090.00 2,135,229.00 2,225,883.00 2,313,068.00 SUPPLIES AND SERVICES 668,322.00 717,351.00 647,897.00 689,418.00 2,013,578.00 2,020,594.00 1,970,900.00 1,928,940.00 INTERNAL SERVICE FEES 235,800.00 230,600.00 115,100.00 249,100.00 321,250.00 642,492.00 578,243.00 549,331.00 DEBT SERVICE 1,053,707.00 994,911.00 1,007,461.00 2,258,905.00 1,272,656.00 962,011.00 329,411.00 350,262.00 UTILITES 340,936.00 378,339.00 323,049.00 475,771.00 317,458.00 326,935.00 325,194.00 323,496.00 CAPITAL OUTLAY 1,496,356.00 876,023.00 4,269.00 4,822,678.00 3,736,836.00 781,678.00 781,678.00 781,678.00 MISCELLANEOUS (494,129.00) (251,812.00) 637,736.00 (4,210,761.00) (910,919.00) (876,722.00) (256,232.00) (281,247.00) TOTAL NON-PERSONNEL 3,300,992.00 2,945,412.00 2,735,511.00 4,285,111.00 6,750,859.00 3,856,988.00 3,729,194.00 3,652,460.00 TRANSFERS OUT - CAPITAL PROJECTS 252,007.00 833,477.00 659.00 7,637.00 60,000.00 346,678.00 346,678.00 346,678.00 TRANSFERS OUT - OTHER 968,900.00 1,086,988.00 1,112,839.00 1,739,155.00 845,000.00 1,061,813.00 1,110,904.00 1,162,449.00 INTRA-FUND TRANSFERS OUT - - - 3,140,382.00 2,482,510.00 481,641.00 490,074.00 498,857.00 TOTAL TRANSFERS OUT 1,220,907.00 1,920,465.00 1,113,498.00 4,887,174.00 3,387,510.00 1,890,132.00 1,947,656.00 2,007,984.00 TOTAL EXPENSES 6,203,553.00 6,437,544.00 5,457,086.00 10,840,835.00 11,918,459.00 7,882,349.00 7,902,732.00 7,973,512.00 Revenues Less Expenses 2,313,739.00 (339,116.00) (142,110.00) (2,328,330.00) (3,523,662.00) 625,240.00 (1,095,335.00) (1,075,711.00) Total Net Position 34,440,723.00 34,101,607.00 33,959,497.00 31,631,167.00 28,107,505.00 28,732,745.00 27,637,410.00 26,561,699.00 Proposed Budget Wastewater Enterprises Funds Revenues and Expenditures and Trends 80 REVENUES 2017-18 Actuals 2018-19 Actuals 2019-20 Actuals 2020-21 Actuals 2021-22 Budget 2022-23 Budget 2023-24 Budget 2024-25 Budget CHARGES FOR SERVICES - - - 113,591.00 118,795.00 124,200.00 248,400.00 434,700.00 INVESTMENT EARNINGS (INTEREST AND RENTS) - - - 263.00 11,767.00 3,468.00 4,162.00 4,994.00 MISCELLANEOUS - - - 55,358.00 - 1,950.00 1,950.00 1,950.00 TOTAL OPERATING REVENUES - - - 169,212.00 130,562.00 129,618.00 254,512.00 441,644.00 TRANSFERS IN - CAPITAL PROJECTS - - - 4,700,294.00 820,400.00 820,414.00 820,414.00 820,414.00 TOTAL REVENUES - - - 4,869,506.00 950,962.00 950,032.00 1,074,926.00 1,262,058.00
EXPENSES
SALARIES - - - - - 19,956.00 19,956.00 19,956.00
BENEFITS - - - - - 7,647.00 7,647.00 7,647.00
RETIREMENT (CalPERS) - - - - - 1,632.00 1,632.00 1,632.00 RETIREE MEDICAL (OPEB) - - - - - 196.00 212.00 222.00
TOTAL PERSONNEL - - - - - 29,431.00 29,447.00 29,458.00 SUPPLIES AND SERVICES - - - 139.00 186,008.00 538,100.00 549,139.00 563,319.00 INTERNAL SERVICE FEES - - - - - 29,555.00 26,600.00 25,270.00 DEBT SERVICE - - - 717.00 41,300.00 55,776.00 113,186.00 115,169.00 CAPITAL OUTLAY - - - 53,500.00 820,400.00 990,414.00 990,414.00 990,414.00 MISCELLANEOUS - - - (35,053.00) - - - -
TOTAL NON-PERSONNEL - - - 19,303.00 1,047,708.00 1,613,845.00 1,679,339.00 1,694,172.00 TRANSFERS OUT - CAPITAL PROJECTS - - - 5,519,721.00 - - - - TRANSFERS OUT - OTHER - - - 202,916.00 - 22,510.00 23,636.00 24,817.00
INTRA-FUND TRANSFERS OUT - - - - - - - -
TOTAL TRANSFERS OUT - - - 5,722,636.00 - 22,510.00 23,636.00 24,817.00 TOTAL EXPENSES - - - 5,741,939.00 1,047,708.00 1,665,786.00 1,732,421.00 1,748,447.00 Revenues Less Expenses - - - (872,434.00) (96,746.00) (715,754.00) (657,496.00) (486,389.00) Total Net Position - - - (872,433.00) (775,687.00) (59,933.00) 597,563.00 1,083,952.00 Proposed Budget Recycled Water Enterprises Funds Revenues and Expenditures and Trends 81 REVENUES 2017-18 Actuals 2018-19 Actuals 2019-20 Actuals 2020-21 Actuals 2021-22 Budget 2022-23 Budget 2023-24 Budget 2024-25 Budget CHARGES FOR SERVICES 1,583,700.00 1,652,300.00 576,100.00 1,870,600.00 2,282,600.00 3,420,700.00 3,078,630.00 3,094,023.00 INVESTMENT EARNINGS (INTEREST AND RENTS) 694.00 23,469.00 18,362.00 1,483.00 680.00 916.00 1,099.00 1,319.00 MISCELLANEOUS - 61,189.00 212,201.00 - 10,900.00 375,000.00 375,000.00 375,000.00 TOTAL OPERATING REVENUES 1,584,394.00 1,736,958.00 806,663.00 1,872,083.00 2,294,180.00 3,796,616.00 3,454,729.00 3,470,342.00 TRANSFERS IN - CAPITAL PROJECTS 2.00 - - 67,500.00 - - - - TOTAL REVENUES 1,584,397.00 1,736,958.00 806,663.00 1,939,583.00 2,294,180.00 3,796,616.00 3,454,729.00 3,470,342.00
EXPENSES
SALARIES 179,931.00 171,786.00 202,530.00 173,333.00 206,693.00 259,991.00 270,286.00 280,991.00 BENEFITS 62,246.00 75,699.00 93,239.00 93,998.00 65,151.00 90,173.00 91,977.00 93,816.00 RETIREMENT (CalPERS) 25,758.00 27,867.00 32,587.00 34,050.00 40,958.00 65,322.00 70,548.00 74,781.00 RETIREE MEDICAL (OPEB) 11,691.00 10,607.00 12,326.00 21,284.00 18,100.00 15,980.00 17,258.00 18,121.00 TOTAL PERSONNEL 279,627.00 285,959.00 340,682.00 322,664.00 330,902.00 431,466.00 450,069.00 467,709.00 SUPPLIES AND SERVICES 805,073.00 722,476.00 802,230.00 1,102,707.00 1,506,143.00 1,959,003.00 1,959,003.00 1,959,003.00 DEBT SERVICE 56,418.00 36,757.00 106,601.00 117,072.00 172,733.00 508,731.00 522,153.00 506,174.00 UTILITES 46,324.00 44,469.00 50,282.00 62,939.00 79,350.00 70,137.00 71,125.00 72,177.00 CAPITAL OUTLAY 192,716.00 245,210.00 62,971.00 474,382.00 470,000.00 440,000.00 440,000.00 440,000.00 MISCELLANEOUS (20,280.00) (32,304.00) 160,691.00 (319,515.00) 163,400.00 (34,675.00) (35,701.00) - TOTAL NON-PERSONNEL 1,080,251.00 1,016,609.00 1,182,774.00 1,437,584.00 2,391,626.00 2,943,196.00 2,956,580.00 2,977,355.00 TOTAL EXPENSES 1,359,877.00 1,302,568.00 1,523,456.00 1,760,249.00 2,722,528.00 3,374,662.00 3,406,648.00 3,445,064.00 Revenues Less Expenses 224,520.00 434,390.00 (716,793.00) 179,334.00 (428,348.00) 421,954.00 48,081.00 25,278.00 Total Net Position 1,058,688.00 1,493,078.00 776,285.00 955,619.00 527,271.00 949,225.00 997,306.00 1,022,584.00 Proposed Budget Internal Service Funds Revenues and Expenditures and Trends 82 Fund Number and Description June 30, 2021
Fund Balance
FY 2021-22
Estimated
Revenues
FY 2021-22
Estimated
Expenses
FY 2021-22
Estimated
Fund Balance
FY 2022-23
Budgeted
Revenues
FY 2022-23
Budgeted
Expenses
FY 2022-23
Budgeted
Fund Balance
100 GENERAL FUND 11,873,229.90 22,397,877.00 23,634,457.00 10,636,649.90 24,010,844.00 25,120,388.43 9,527,105.47 105 DEVELOPER PROJECTS 331,393.63 1,121,437.00 905,000.00 547,830.63 1,131,130.00 859,000.00 819,960.63 210 STORM DRAIN/MEASURE A 7,036,223.94 89,649.00 1,295,000.00 5,830,872.94 52,458.00 750,000.00 5,133,330.94 211 MEASURE T 1,703,014.42 1,177,425.00 1,900,246.00 980,193.42 1,603,842.00 1,617,457.00 966,578.42 212 GAS TAX/ROAD MAINTENANCE 312,583.49 532,748.00 833,700.00 11,631.49 593,173.00 345,000.00 259,804.49 213 GAS TAX RMRA 950,504.81 433,283.00 225,000.00 1,158,787.81 476,446.00 - 1,635,233.81 215 CALHOME PROGRAM 26,481.32 660,014.00 660,000.00 26,495.32 306,034.00 306,000.00 26,529.32 216 CDBG - REHAB LOAN PROGRAM 4,760.11 4,393.00 - 9,153.11 12.00 - 9,165.11 217 HOME PROGRAM (17,090.39) 68,558.00 750,000.00 (698,532.39) 500,028.00 500,000.00 (698,504.39) 218 STATE SUPP LAW ENF (COPS) 4,649.78 223,358.00 223,346.00 4,661.78 163,132.00 163,000.00 4,793.78 220 BEGIN PROGRAM 73,273.76 34,000.00 96,000.00 11,273.76 - - 11,273.76 230 STATE GRANTS (469,057.23) 5,556,450.00 6,261,129.00 (1,173,736.23) 1,998,750.00 2,890,913.00 (2,065,899.23) 240 FEDERAL GRANTS (149,543.70) 6,845,981.00 1,947,925.00 4,748,512.30 6,500,000.00 1,947,924.00 9,300,588.30 252 NEWELL OPEN SPACE PRESERVE 237,029.99 7,083.00 10,600.00 233,512.99 7,067.00 14,100.00 226,479.99 254 LAVIGNE OPEN SPACE MAINTEN 177,618.40 433.00 8,000.00 170,051.40 421.00 7,600.00 162,872.40 261 LLAD Zone 1, LaVigne 471,960.36 195,609.00 157,315.00 510,254.36 201,068.00 144,939.00 566,383.36 262 LLAD Zone 2, Vintage Ranch 1,010,299.37 285,790.00 259,547.00 1,036,542.37 283,246.00 258,761.00 1,061,027.37 263 LLAD Zone 3, Napa Junction 1,237,551.98 185,206.00 72,200.00 1,350,557.98 174,331.00 79,914.00 1,444,974.98 275 GP UPDATE FEE FUND 225,232.48 1,003.00 54,800.00 171,435.48 39,893.00 54,800.00 156,528.48 280 CANNABIS FUND (10,381.87) 5,000.00 8,900.00 (14,281.87) - 5,000.00 (19,281.87) 281 COMM FACILITIES DIST FUND 66,416.02 5,060,938.00 83,326.00 5,044,028.02 - 7,616,674.00 (2,572,645.98) 282 LEGAL SETTLEMENT 422,768.40 1,030.00 - 423,798.40 779.00 - 424,577.40 310 PARKS IMPACT FEE FUND 1,254,070.24 17,815.00 324,900.00 946,985.24 1,847,547.00 381,883.00 2,412,649.24 320 TRAFFIC IMPACT FEE FUND 4,599,505.21 1,231,425.00 2,271,657.00 3,559,273.21 2,399,376.00 130,879.00 5,827,770.21 330 CIVIC IMPACT FEE FUND 1,238,580.37 24,202.00 - 1,262,782.37 868,320.00 200,000.00 1,931,102.37 340 AFFORDABLE HOUSING 262,009.78 50,862.00 130,000.00 182,871.78 1,831,689.00 - 2,014,560.78 350 CAPITAL PROJECTS 219,436.56 20,166,265.00 20,267,668.00 118,033.56 16,066,231.00 16,151,804.00 32,460.56 360 AMCAN RD E ASSMT DIST 322,728.99 107.00 314,900.00 7,935.99 75.00 454,821.00 (446,810.01) 370 ZERO WATER FOOTPRINT 322,268.66 87,993.00 677,500.00 (267,238.34) 600,853.00 677,509.00 (343,894.34) 380 UTILITY UNDERGROUND FUND 160,195.61 391.00 160,000.00 586.61 376.00 160,000.00 (159,037.39) 420 CABERNET VILLAGE LSE DS - 98,235.00 98,235.00 - 98,235.00 98,235.00 - 440 ENGIE EQUIP/LEASE DEBT SVC 64,596.80 37,146.00 37,146.00 64,596.80 35,502.00 35,502.00 64,596.80 FY 2022-23 Proposed Budget Fund Balance Projection
83 Fund Number and Description June 30, 2021
Fund Balance
FY 2021-22
Estimated
Revenues
FY 2021-22
Estimated
Expenses
FY 2021-22
Estimated
Fund Balance
FY 2022-23
Budgeted
Revenues
FY 2022-23
Budgeted
Expenses
FY 2022-23
Budgeted
Fund Balance
FY 2022-23 Proposed Budget Fund Balance Projection
510 WATER OPERATIONS 33,274,533.75 8,700,361.00 12,660,394.00 29,314,500.75 10,208,232.00 10,568,032.35 28,954,700.40 515 WTR DEBT SERVICE FUND (33,481.20) 89,643.00 89,643.00 (33,481.20) 85,675.00 21,682.00 30,511.80 520 WATER CAPACITY FEE FUND 5,014,443.34 954,540.00 1,582,500.00 4,386,483.34 5,039,219.00 1,009,282.00 8,416,420.34 530 WATER CIP 1,931,628.89 1,380,000.00 1,380,000.00 1,931,628.89 - - 1,931,628.89 540 WASTEWATER OPERATIONS 25,394,083.75 4,730,567.00 9,782,986.00 20,341,664.75 4,680,493.00 6,761,293.33 18,260,864.42 545 WW DEBT SERVICE FUND (3,245,810.98) 530,656.00 61,037.00 (2,776,191.98) 206,641.00 52,296.00 (2,621,846.98) 550 WASTEWATER CAPACITY FEE 5,510,452.68 528,776.00 247,200.00 5,792,028.68 2,777,903.00 247,194.00 8,322,737.68 560 WW CIP 3,585,002.65 2,528,854.00 3,161,536.00 2,952,320.65 766,678.00 766,678.00 2,952,320.65 570 WW CAPITAL RESERVE 387,438.56 75,944.00 - 463,382.56 75,874.00 - 539,256.56 580 RECYCLED WATER FUND (872,433.37) 130,562.00 227,308.00 (969,179.37) 129,618.00 816,137.00 (1,655,698.37) 585 RECYCLED WTR CAPACITY FEE - - - - - - -
590 RECYCLED WATER CIP - 820,400.00 820,400.00 - 820,414.00 849,649.46 (29,235.46) 601 LAVIGNE SAD REASSMT REV BO 1,486,862.49 - - 1,486,862.49 - - 1,486,862.49 602 AMCAN RD E INF REV BOND 1,387,996.43 - - 1,387,996.43 - - 1,387,996.43 603 COMM FACILITIES DISTRICT 4,571,186.69 - 5,000,000.00 (428,813.31) - - (428,813.31) 610 TOURISM IMPROVEMENT DIST 74,742.85 - - 74,742.85 - - 74,742.85 651 ISF - BLDG MAINTENANCE 113,539.15 593,637.00 668,992.00 38,184.15 711,566.00 739,779.46 9,970.69 652 ISF - FLEET 743,832.60 900,894.00 1,084,076.00 560,650.60 1,673,357.00 1,332,803.41 901,204.19 653 ISF - INFO TECHNOLOGY 201,652.59 614,849.00 784,460.00 32,041.59 1,117,993.00 1,141,946.12 8,088.47 654 ISF - LEGAL SERVICES (103,417.28) 184,800.00 185,000.00 (103,617.28) 293,700.00 185,000.00 5,082.72 84 CITY COUNCIL AGENDA
MAY 17, 2022
STAFF REPORT
BUSINESS
ITEM NUMBER: 15.
TITLE
Law Enforcement Services Contract Amendment
RECOMMENDATION
Adopt a Resolu*on approving Amendment 18 to Napa County Agreement No. 3220 with the Napa County Sheriff’s Office for law enforcement services for the period January 7, 2023 through June 30, 2024.
CONTACT
Rick Greenberg, Police Chief
BACKGROUND & ANALYSIS
The Napa County Sheriff’s Office has been providing law enforcement services to the City of American Canyon (City) since its incorpora*on in 1992. On July 9, 1996, an Agreement for Law Enforcement Services between the City and the Napa County Sheriff’s Office was established and has been amended from *me to *me. In July 2006, a new agreement (Agreement) was reached between the par*es, under which the City contracted with County for the provision of certain law enforcement services within the City’s municipal boundaries.
On April 16, 2019, the City of American Canyon Adopted Resolu*on 2019-31 approving Amendment 16 to Napa County Agreement No. 3220 with the Napa County Sheriff’s Office for Law Enforcement Services for the period July 1, 2019 through June 20, 2024.
Over the past year, the City and Sheriff’s Office have evaluated the staffing and chain of command at the American Canyon Police Department (ACPD). As the city con*nues to grow and expand and in order for ACPD to con*nue to provide a high level of service to the community, a proper chain of command needs to be established before adding any future addi*onal Officers or Sergeants to the department. Currently ACPD consists of 24 sworn officers this includes 1 Chief, 4 Sergeants, and 19 officers. There is not a Lieutenant posi*on at ACPD, which creates a gap in the chain of command between Chief and Sergeant. Adding a Lieutenant posi*on to the contract the city has with the Sheriff’s Department is crucial in maintaining the proper administra*on and supervision span and control throughout ACPD.
One of the key benefits the City would receive from having a Lieutenant at ACPD would be the 85 Lieutenant will be ac*ng Chief in his / her absence. The Lieutenant will have an established rela*onship with city staff and council, which makes communica*on and EOC ac*va*ons during cri*cal incidents and natural disasters a more consistent process. The Lieutenant would also be available to a@end City Council mee*ngs in the Chief’s absence, to answer ques*ons council or the community members have. Addi*onally this posi*on would be ideal for succession planning and mentoring for the next Chief at ACPD.
Currently the du*es a Lieutenant would be responsible for at ACPD are assigned out to the Sergeants. These extra du*es the Sergeants are responsible for at ACPD create supervision complica*ons, it takes away from their daily supervision of officers and the calls for service ACPD responds to and proactively polices.
How ACPD Chain of Command Compares to Agencies in Napa County:
Napa County Sheriff Department
110 sworn: 1 Sheriff, 1 Undersheriff, 3 Captains, 5 Lieutenants, 17 Sergeants, 83 Deputies Napa Police Department
78 sworn: 1 Chief, 2 Captains, 3 Lieutenants, 11 Sergeants, and 61 Officers American Canyon Police Department
24 sworn: 1 Chief, 0 Lieutenants, 4 Sergeants, and 19 Officers ST Helena Police Department
13 sworn: 1 Chief, 1 Lieutenant, 2 Sergeants, and 9 Officers Calistoga Police Department
13 sworn: 1 Chief, 1 Lieutenant, 2 Sergeants, 2 Corporals (acting Sergeants), and 7 Officers Overview ACPD Lieutenant Duties:
Assist with fleet, body worn cameras, in car camera, and in car computer management Audit and manage outstanding police reports
Assess ongoing equipment needs for ACPD patrol officers Participate in annual and mid-year budget reports
Participate in community events
Respond to critical incidents
Acting Chief in Chief’s absence
Attend City Council and any other assigned meetings in Chief’s absence Chain of command between Sergeants and Chief
Manage day to day opera*ons including review of search warrants, op plans, and follow up investigations
Manage citizen volunteer program
Assist with PIO duties
Shift change manager for ACPD
Review and respond to citizen complaints on Sergeants
Auditing body worn camera footage for officer safety and debriefs 86 Law Enforcement Chain of Command and Duties
Police Officer / Deputy Sheriff is ini*ally a proba*onary officer who advances upon successful comple*on of his/her proba*onary period. Officers / Depu*es report to a Sergeant. Police officers / Deputy Sheriff’s may do the following:
Be assigned to a foot beat, a patrol car, bicycle patrol, mounted unit, or a motorcycle Be part of a specialized unit, such as a SWAT team
Train new Officers / Deputies
Keep up to date on case law and legal updates
Participate in community events
Police / Sheriff Sergeant’s reports to a Lieutenant and typically perform the following duties:
Supervise patrol officers / deputies
Review and approve reports
Respond to crime scenes at the request of police officers / deputies Handle radio calls and dispatch personnel
Keep management informed of important issues
Police / Sheriff’s Lieutenant reports to a Captain / Chief and is responsible for several tasks:
Supervising patrol sergeants and officers / deputies
Respond to scenes of serious crimes and natural disasters such as shoo*ngs, homicide, major robbery, theft, fires, earthquakes, and floods.
Review and ensure complete and accurate follow-up investigations Keep their Captain / Chief informed of issues of concern within his or her command Assist with scheduling officers for trainings specifically related to ACPD, such as traffic investigation, DUI, and radar / LIDAR certifications.
Chief of Police / Captain (at ACPD) reports to the Undersheriff, City Manager, and City Council and is responsible for the following:
The Chief of Police / Captain is the highest-ranking officer at ACPD. As the general manager or CEO of the police department, the Chief of police / Captain is responsible for the planning, administration, and operation of the police department. In this capacity, he or she directs, plans, and coordinates the enforcement of city ordinances, and the laws of the state and na*on for the purpose of protecting people and property, and for the preservation of peace.
During the term of this Agreement, City shall be invoiced monthly and agrees to reimburse County for the performance of law enforcement services under this Agreement. A further breakout of the 87 amounts is provided in the Service plan, Exhibit A-18.
COUNCIL PRIORITY PROGRAMS AND PROJECTS
Public Safety: "Ensure American Canyon remains a safe community."
FISCAL IMPACT
Under the terms of Amendment 18, the Sheriff’s Office will provide one Lieutenant posi*on to the City of American Canyon. The amounts listed below include all allowable direct and indirect costs es*mated to be incurred by County for provision of services set forth in the Service Plan. Employees performing services under this agreement will be entitled to all benefits and paid leave.
Fiscal Year Lieutenant position and total contract amendment costs:
2022-2023: $152,391 / $7,681,635 (FY 2022/2023 costs reflect that the Lieutenant will begin January 2023)
2023-2024: $326,482 / $ 8,096,182
ALTERNATIVES
If it is decided not to amend the current contract and add a Lieutenant posi*on to ACPD in FY 22/23, the cost of addi*onal officers, supervisors, and management (Lieutenant) all at once could be a great burden on the city as the population continues to increase.
ENVIRONMENTAL REVIEW
None.
ATTACHMENTS:
1. Resolution - Law Enforcement Contract
2. Law Enforcement Agreement Amendment 18
88 RESOLUTION NO. 2022-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AMERICAN CANYON APPROVING AMENDMENT 18 TO NAPA COUNTY AGREEMENT NO. 3220 WITH THE NAPA COUNTY SHERIFF’S OFFICE FOR LAW ENFORCEMENT SERVICES FOR THE PERIOD JANUARY 7, 2023 THROUGH JUNE 30, 2024.
WHEREAS, the City of American Canyon and the County of Napa have previously entered into Agreement No. 3220 for Law Enforcement Services within the City’s municipal boundaries; and WHEREAS, on April 16, 2019, the City of American Canyon adopted Resolution 2019-31 approving Amendment 16 to the Napa County Agreement 3220 with the Napa County Sheriff’s Office for Law Enforcement Services for period July 1, 2019 through June 30, 2024; and WHEREAS, the City of American Canyon and Napa County Sheriff Office have evaluated the staffing at the American Police Department and recommend the position of a Lieutenant be added; and WHEREAS, Amendment 18 includes a Lieutenant position and the City of American Canyon agrees to reimburse the Napa County Sheriff’s Office for the performance of law enforcement services under this agreement; and
NOW THEREFORE BE IT RESOLVED that the City Council of the City of American Canyon hereby approves Amendment 18 to Napa County Agreement No. 3220 with the Napa County Sheriff’s Office for Law Enforcement Services for the Period January 7, 2023 through June 30, 2024.
PASSED, APPROVED AND ADOPTED at a regular meeting of the City Council of the City of American Canyon on the 3rd day of May, 2022, by the following vote:
AYES:
NOES:
ABSTAIN:
ABSENT:
______________________________
Leon Garcia, Mayor
ATTEST: APPROVED AS TO FORM
_______________________________ _______________________________ Taresa Geilfuss, City Clerk William D. Ross, City Attorney 89 1
H: cc\docs\sheriff\contracts\city police services\am can\ Am Can Amend 18.doc Napa County Agreement No. __200005B (pka 3220)___
American Canyon Agreement No. _2013-72______
AMENDMENT NO. 18
TO AGREEMENT FOR LAW ENFORCEMENT SERVICES
BETWEEN NAPA COUNTY AND
THE CITY OF AMERICAN CANYON
THIS AMENDMENT NO. 18 to Napa County Agreement No. 200005B (previously known as Agreement No. 3220) for law enforcement services (“Amendment”) is made and entered into as of the ___day of ______ 2022, by and between Napa County (“County”), a political subdivision of the State of California, and the City of American Canyon (“City”), a municipal corporation.
RECITALS
WHEREAS, the parties previously entered into an Agreement for Law Enforcement Services, initially dated July 9, 1996 and amended from time to time thereafter until a new agreement was reached between the parties in July 2006 (the “Agreement”), pursuant to which the City contracted with County for the provision of certain law enforcement services within the City's municipal boundaries; and
WHEREAS, the Agreement has been amended from time to time to provide a service plan and cost estimates for future fiscal years; and
WHERAS, the parties now desire to add a Lieutenant to the contracted staff to be supplied to the City beginning on January 7, 2023; and
WHEREAS, Section 43 of the Agreement provides that all changes to the Agreement must be by written amendment authorized by the City's City Council and the County's Board of Supervisors.
AGREEMENT
NOW, THEREFORE, in consideration of the foregoing, the mutual agreements of the parties and other valuable consideration, the sufficiency of which is hereby acknowledged, the parties hereby agree as follows:
1. Section 14, entitled “Compensation for Services” is hereby amended to read in full as follows:
“During the term of this Agreement (from July 1, 2019 to June 30, 2022 and Option Year One July 1, 2022 to June 30, 2023, Option Year Two July 1, 2023 to June 30, 2024), the total cost for provision of the services set forth in this Agreement shall be as follows: For Fiscal Year 2019- 2020: Six Million Seven Hundred Fifty-One Thousand One Hundred Sixty-Five Dollars 90 2
H: cc\docs\sheriff\contracts\city police services\am can\ Am Can Amend 18.doc ($6,751,165.00); for Fiscal Year 2020-2021: Six Million Nine Hundred Fifty-Three Thousand Seven Hundred One Dollar ($6,953,701.00); for Fiscal Year 2021-2022: Seven Million Two Hundred Twenty-Seven Thousand One Hundred Fifty-One Dollars ($7,227,151). Option Year One, Fiscal Year 2022-2023: Seven Million Six Hundred Eighty-One Thousand Six Hundred Thirty-Five Dollars ($7,681,635); Option Year Two, Fiscal Year 2023-2024: Eight Million Ninety-Six Thousand One Hundred Eighty-Two Dollars ($8,096,182). A further breakout of the amounts are provided in the Service Plan, which is attached hereto as Exhibit “A-18,” and incorporated here by reference.
“The amounts set forth above include all allowable direct and indirect costs estimated to be incurred by County for provision of services set forth in the Service Plan. Specifically, the estimated costs include, but are not necessarily limited to: non-recurring personnel start-up costs (associated with hiring/training personnel to replace Sheriff's Department employees to be allocated to City for performance of services hereunder); estimated salaries for employee classifications expected to be performing services; all employee benefits to be paid by County at rates established by the County Board of Supervisors; the estimated costs of providing relief for all allowable absences (including, but not limited to, vacation, compensatory time off, sick leave, disability leave, bereavement leave, military leave, and jury duty); estimated supplies and services necessary for performance of work hereunder (including, but not limited to, items such as equipment and training); and indirect expenses (i.e., internal overhead associated with functions such as Administration, Records, Dispatch, and Crime Analysis). “Employees performing services under this Agreement will be entitled to all benefits, including paid holidays and other paid leave (such as vacation, compensatory time off, sick leave, disability leave, bereavement leave, military leave, and jury duty) as allowed by County for all employees and/or as allowed by bargaining agreements governing the employee classifications performing services hereunder. All costs associated with such benefits are allowable under this Agreement.
During the term of this Agreement, City shall be invoiced monthly and agrees to reimburse County for the performance of law enforcement services under this Agreement.
The costs for such services shall be fixed at the amounts set forth in the first paragraph of this Section. Notwithstanding the foregoing, if County continues to provide law enforcement services to City after expiration of the term of the Agreement, City shall reimburse County for actual costs incurred by County for performance of law enforcement services provided thereafter, until such time as the parties reach further agreement to extend or renew the Agreement.”
3. The Lieutenant position will be added to the contracted staff beginning on January 7, 2023.
4. Exhibit “A-18,” attached hereto and incorporated herein by reference, is hereby made part of the Agreement. As of the effective date of this Amendment, all references to Exhibit “A” in 91 3
H: cc\docs\sheriff\contracts\city police services\am can\ Am Can Amend 18.doc the Agreement shall mean Exhibit “A-18,” the Service Plan that sets forth the levels of service to be provided during the term set forth in this Amendment.
5. Except as expressly set forth herein, the Agreement shall remain unchanged and in full force and effect. This Amendment may be executed in counterparts with the same force and effect as if each of the signatories had executed the same instrument.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment No. 18 as of the date first above written.
NAPA COUNTY, a political
subdivision of the State of California
By
RYAN GREGORY Chair of the
Board of Supervisors
"COUNTY"
APPROVED AS TO FORM
Office of County Counsel
By: S. Darbinian
Date: April 1, 2022
APPROVED BY THE NAPA COUNTY
BOARD OF SUPERVISORS
Date:
Processed By:
Deputy Clerk of the Board
ATTEST: NEHA HOSKINS
Clerk of the Board of Supervisors
By:
CITY OF AMERICAN CANYON
By_______________________________________
JASON HOLLEY, City Manager
ATTEST: CHERRI WALTON
American Canyon Deputy City Clerk
By:
APPROVED AS TO FORM:
WILLIAM D. ROSS, City Attorney
By:
92 4th Year Option (1) 5th Year Option (2)
BASE RATE SERVICES Current Cost FY18/19 FY19/20 FY20/21 FY 21/22 FY 22/23 FY 23/24
4.0% 3.0% 3.5% 3.0% 3.0%
PATROL
1 CHIEF 341,094 351,327 363,623 374,532 385,768
1 LIEUTENANT - - - 152,391 326,482
4 SERGEANT 929,112 956,985 990,480 1,020,194 1,050,800
8 DEPUTY SHERIFF II 1,341,504 1,381,749 1,430,110 1,473,014 1,517,204 11 SENIOR DEPUTY SHERIFF II 2,191,992 2,257,752 2,336,773 2,406,876 2,479,083 1 SHERIFF'S RECORDS TECH II - - 32,213 99,637 102,626
26 Total Personnel 4,803,702 4,947,813 5,153,200 5,526,644 5,861,962 ESTIMATED HOLIDAY PAY 81,986 85,265 87,823 90,897 93,624 96,433
INVESTIGATIONS/NSIB
INVESTIGATIONS, I.D., LAB, PROP/EVIDENCE 59,410 61,192 63,028 64,919 66,866 68,872 BWC DATA STORAGE/TRANSFER SHERIFF'S RECORDS TECH III 10,728 11,050 11,382 11,723 12,075 OVERTIME/COURT APPEARANCES 431,954 449,232 462,709 478,904 493,271 508,069 DISPATCH 814,592 839,030 864,201 890,127 916,830
CENTRAL DISPATCH 1,977,165
AMERICAN CANYON 40% OF TOTAL 790,866
SHERIFF'S DEPT CALLS FOR SERVICE
FY 19-20 Cost $2,036,480
K9 25,669 26,439 27,233 28,050 28,891
TOTAL DIRECT EXPENSES 6,250,382 6,437,893 6,690,735 7,110,305 7,493,133
ADMINISTRATIVE SERVICES
DEPT OVERHEAD 8.6% 496,009 537,533 553,659 575,403 611,486 644,409 TOTAL DIRECT/INDIRECT 6,787,915 6,991,552 7,266,138 7,721,791 8,137,543 LESS PARKING REVENUE (35,679) (36,749) (37,851) (38,987) (40,156) (41,361) TOTAL ANNUAL COST 6,751,165 6,953,701 7,227,151 7,681,635 8,096,182
CITY OF AMERICAN CANYON
LAW ENFORCEMENT CONTRACT
FY 2019/2020 - FY 2023/2024
EXHIBIT A-18
93 CITY COUNCIL AGENDA
MAY 17, 2022
STAFF REPORT
CONSENT
ITEM NUMBER: 16.
TITLE
Projects Funded by SB1/RMRA for Fiscal Year 2022/23
RECOMMENDATION
Adopt a Resolu,on approving a list of projects for Fiscal Year 2022-23 funded by SB1: The Road Repair and Accountability Act of 2017.
CONTACT
Erica Ahmann Smithies, P.E., Public Works Director
BACKGROUND & ANALYSIS
The Road Repair and Accountability Act of 2017 (commonly referred to as SB1) provides funding for road maintenance projects through the Road Maintenance and Rehabilita,on Account (RMRA). The RMRA requires annual repor,ng to the California Transporta,on Commission (CTC). The City is required to submit a list of poten,al projects to the CTC by July 1, 2022 in order to receive RMRA funds in FY 2022/23.
On December 7, 2021, the Council approved the revised 5-year Measure T Expenditure Plan. The Expenditure Plan included all proposed road maintenance projects regardless of funding source with segments of Benton Way at the top of the list to be completed. In addi,on to Benton Way, on April 5, 2022, City Council approved the use of RMRA funds to complete improvements on American Canyon Road from Flosden Road to the eastern City limits. American Canyon Road was moved up from the 10-year Expenditure Plan list due to an opportunity to partner with Napa County on the project.
In order to comply with CTC requirements, the City must submit a list of only those streets anticipated to be funded with RMRA funds. The recommended project list is as follows:
Street Name Treatment
American Canyon Road East Double Chip Seal
Benton Way Mill and Overlay
The above street list represents a frac,on of the streets proposed to be improved in FY 2022/23. 94 The RMRA funds do carryover from year to year and any unused funds can be spent on other City funded projects in accordance with local needs and priori,es so long as the projects are consistent with RMRA.
COUNCIL PRIORITY PROGRAMS AND PROJECTS
Infrastructure: "Develop and maintain infrastructure resources to support sustainable growth."
FISCAL IMPACT
As of January 2022, the State RMRA revenue projec,ons for FY 2022/23 are $474,175. There is no addi,onal fiscal impact with the adop,on of the resolu,on approving the RMRA Project List for FY 2022/23.
ENVIRONMENTAL REVIEW
The procurement of RMRA funding is not a “Project” subject to the California Environmental Quality Act (“CEQA”) because securing the funding is exempt under the defini,on of a “Project” in CEQA Guidelines Sec,on 15378(b)(3) in that it concerns a government funding mechanism or fiscal ac,vity that does not involve a non-exempt ac,vity that may result in a poten,ally significant physical impact on the environment. Further, the treatment of the exis,ng streets subject to the funding is exempt consistent with CEQA Guidelines sec,on 15301(c) – repair and maintenance of exis,ng streets and sidewalks, and CEQA Guidelines Sec,on 15302 – replacement or reconstruc,on of exis,ng facili,es where the new facili,es are located at the same site and will have substan,ally the same purpose and capacity as the facilities being replaced.
ATTACHMENTS:
1. Resolution
2. Exhibit A - 22-23 Project List
95 RESOLUTION NO. 2022‐______
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AMERICAN CANYON ADOPTING A LIST OF PROJECTS FOR FISCAL YEAR 2022‐23 FUNDED BY SB1: THE ROAD REPAIR AND ACCOUNTABILITY ACT OF 2017
WHEREAS, Senate Bill 1 (SB 1), the Road Repair and Accountability Act of 2017 (Chapter 5, Statutes of 2017) was passed by the Legislature and Signed into law by the Governor in April 2017 to address the significant multi‐modal transportation funding shortfalls statewide; and WHEREAS, SB 1 includes accountability and transparency provisions that will ensure the residents of our City are aware of the projects proposed for funding in our community and which projects have been completed each fiscal year; and
WHEREAS, the City must adopt by resolution a list of projects proposed to receive fiscal year funding from the Road Maintenance and Rehabilitation Account (RMRA), created by SB1, which must include a description and the location of each proposed project, a proposed schedule for the project’s completion, and the estimated useful life of the improvement; and
WHEREAS, the City, will receive an estimated $474,175 in RMRA funding in FY 2022/23 from SB1; and WHEREAS, this is the sixth year in which the City is receiving SB 1 funding and will enable the City to continue essential road maintenance and rehabilitation projects, safety improvements, repairing and replacing aging bridges, and increasing access and mobility options for the traveling public that would not have otherwise been possible without SB1; and
WHEREAS, the City has undergone a robust public process to ensure public input into our community’s transportation priorities/the project list; and
WHEREAS, the City used a Pavement Management System to assist in developing the SB 1 project list to ensure revenues are being used on the most high‐priority and cost‐effective projects that also meet the community’s priorities for transportation investment; and WHEREAS, the funding from SB 1 will help the City maintain and rehabilitate streets, roads, bridges, add active transportation infrastructure throughout the City this year and similar projects into the future; and WHEREAS, the 2018 California Statewide Local Streets and Roads Needs Assessment found that the City’s streets and roads are in an at‐risk condition and this revenue will help the City increase the overall quality of our road system and over the next decade will bring our streets and roads into a good to excellent condition; and
WHEREAS, the SB 1 project list and overall investment in our local streets and roads infrastructure with a focus on basic maintenance and safety, investing in complete streets infrastructure, and using cutting‐ edge technology, materials and practices, will have significant positive co‐benefits statewide and; WHEREAS, prior to receiving fundsfor FY 2022/23, the City isrequired to submit a list of potential projects to the California Transportation Commission; and
96 WHEREAS, those streets anticipated to be repaired with SB 1 funds are identified in Exhibit A; and WHEREAS, budget for the list of street repairs located in Exhibit A will be incorporated into the recommendations for the FY 2022/23 Capital Budget.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of American Canyon adopts the Road Maintenance and Rehabilitation Account Project List for FY 2022/23 RMRA Revenues, as shown in Exhibit A, attached hereto and made a part thereof.
PASSED, APPROVED and ADOPTED at a regularly scheduled meeting of the City Council of the City of American Canyon held on the 17th day of May, 2022, by the following vote:
AYES:
NOES:
ABSTAIN:
ABSENT:
________________________________
Leon Garcia, Mayor
ATTEST: APPROVED AS TO FORM:
______________________________ ______________________________ Taresa Geilfuss, City Clerk William D. Ross, City Attorney Attachments:
Exhibit A ‐ Road Maintenance and Rehabilitation Account Project List for FY 2022/23 97 Exhibit A
Project Title Description Location Funding Source Components Linear Feet Engineers Estimate Estimated Start Estimated Completion Estimated Useful Life American Canyon Road East
Pavement Maintenance
Double chip seal, striping and
pavement markings, and ADA curb
ramp upgrades
American Canyon Road from
Flosden to the eastern City
limits
RMRA
Pre‐construction
and Construction 2000 300,000 $ Jul‐22 Dec‐22 10 years
2022 Annual PavementManagement Project
Mill and overlay, striping and
pavement markings, and ADA curb
ramp upgrades
Benton Way from Wetlands
Edge to Elliot Drive RMRA Construction 2242 525,000 $ Sep‐22 Jun‐23 10‐20 years Total Total 4,242 825,000 $
City of American Canyon
Road Maintenance and Rehabilitation Account (RMRA)
Fiscal Year 2022‐23 Project List
98 City Council Committee Report
Submitted
by: * Councilmember Mark Joseph
Council
Meeting
Date:
05/17/2022
Event
Date: 2022-05-05
Event
Type
Committee Report
Event Title:* Climate Action Ad hoc Committee Meeting
Event Report: The group met and heard from Tanya Narath, Director of the Sonoma Regional Climate Protection Authority (RCPA). Sonoma County appears to be several years ahead of Napa in terms of addressing Climate Change. Of particular interest was their Climate Mobilization Strategy, adopted in 2021. We can use a lot of its ideas and analysis for our own work.
We are starting to develop a draft plan. Given the Green House Gas (GHG) Inventory won't be complete until this Fall (after our own August 1 deadline), we may provide a draft report to the Council by August 1; incorporate any Council/public feedback into our final document, as well as include the 2022 GHG Inventory results (which we can use as a baseline set of datapoints). We would still be able to provide a final document for Council consideration before year end, which in turn, can be the basis for inclusion into our General Plan Update.
File/Photo Upload
Event
Date:
Event
Type
Community Event
Event Title:* City Events and Activities
Event Report: Met with David Gilbreath, part owner of Green Island Vineyards (now Green Island Properties) about possible inclusion in the City's Sphere of Influence.
Attended the new Napa Junction Elementary School grand opening. A very big turnout for an exciting new school, helped in large part by passage of Measure H (as almost all the speakers were sure to point out!).
Attended a closed session on NVTA regarding the Executive Director's performance and compensation.
On a personal note, achieved a 20% reduction in water use in April compared to April 2021--not sure about April 2020, since the Water Portal only goes back to August 2020. Did I mention the Water Portal? And how easy/addictive it can be? Here's the link to sign up--and you can learn more about how to reduce your water usage, too!
File/Photo Upload
Event
Date:
Event
Type
Community Event
Event Title:* Community Events and Activities
Event Report: Attended the Chamber's Breakfast Mixer at Redwood Credit Union, and learned a little more about the CalSavers program, as well as private alternatives. Good chance to meet with community members-- forgot how useful these meetings are for networking!
99 Attended Napa Valley College's Job Fair, organized in part by our own Dr. Sherry Tennyson. Another great networking opportunity, although I didn't get any job offers! Did talk about the possibility of bringing back a program known as "Healthy People/Healthy Planet" a combination of health fair and Earth Day event.
We could add healthy eating, too (Healthy Palate).
Attended memorial services for Father Pat Stephenson at the Holy Family Parish. A very good turnout for a very unconventional person. He did, however, build up the church in American Canyon and created the very open and welcoming environment.
Hung out at the Kidical Mass biking event, along with Supervisor Ramos, and got a few miles of cycling under my belt (a new change of pace over walking). A decent turnout, and I learned we have a bike shop in town (albeit working out of their home for now): American Canyon Bike Shop.
Attended the ACAF Board meeting and we're working on event planning for a number of projects, from the new Arts & Music Event at the High School to the Hispanic Heritage event at Meet Me in the Street, to our Pumpkin Path event and our traditional Art Extravaganza/Holiday Boutique. We're also planning another Social Event--this time at Mare Island Art Studios (and the nearby Brewing Company). Sunday, May 22.
Stop by at noon for lunch and then check out the Studios. Any art lover or member is welcomed to join us! Attended the monthly Napa County Democratic Central Committee meeting as a Committee member.
We're gearing up for the primaries and heard a talk about two potential Statewide ballot measures for this fall on gaming.
Worked on the American Canyon Democratic Club's (AC/DC) in-person event on May 15 at Shenandoah Park. Bill Dodd will be our keynote speaker, and we hope to see a good turnout--there will be food and entertainment!
File/Photo Upload
100
City Council Committee Report
Submitted
by: * Councilmember Pierre Washington
Council
Meeting
Date:
05/17/2022
Event
Date: 2022-05-04
Event
Type Community Event
Event Title:* Napa Junction Elementary School Grand Opening Ceremony Event Report: On Wednesday, May 4 The Napa Unified School District held their grand opening ceremony of the new Napa Junction Elementary School. It was an amazing celebration and the turnout was wonderful. To view more photo's and learn more about the NVUSD follow them on Facebook.
Event
Date: 2022-05-12
Event
Type Committee Report
Event Title:* Napa County Resource Conservation District (RCD) Event Report: On May 12, 2022 I attended the Napa RCD Committee meeting and the long-standing positive reputation the committee has had in our diverse community among our range of stakeholders was discussed. As Napa County faces increasing environmental challenges, Napa RCD has an opportunity to expand its reach and impact to help the community adapt and respond. Topics that were discussed:
Changing or growing programs and partnerships should be intentional, especially as we navigate a political environment that can be increasingly polarized and complex.
Discussion on draft survey intended to gather the Board of Director’s thoughts on how Napa RCD responds to future opportunities and manages change.
Watershed Information Center and Conservancy (WICC) update on the recent activities and future direction of the WICC. Napa County WICC Home (napawatersheds.org)
Event
Date: 2022-05-15
Event
Type Other
Event Title:* Community 1:1's
Event Report: Natalie Aliga: AC Resident, met with Ms. Aliga to discuss volunteering opportunities in American Canyon and talk about traffic calming, specifically on the westside of town.
Jen Mojica: Vallejo Event Coordinator. Met with Ms. Mojica who is promoting a new small business in American Canyon called Dojo Fitness & Martial Arts. Their grand opening wil be June 5, 2022. Location: 101 Antonina Ave, 101
American Canyon, (next to LASO). Fitness martial arts open house and meet and greet.
Steve Kenyon & Gigi Gonzales-Kenyon: Met with Mr. & Mrs. Kenyon, AC residents who wanted to discuss illegal parking on their streets, (over sized vehicles, campers and trailers). They also wanted to chat about the traffic calming.
Jim Giron: AC Resident wanted to meet to discuss all business opportunities in American Canyon and parking in the Vintage Ranch area.
Event
Date: 2022-06-19
Event
Type Community Event
Event Title: * Juneteenth Celebration -
Event Report:
File/Photo Upload:
City of American Canyon 1st Annual Juneteenth Celebration in Partnership with American Canyon Arts Foundation
Main Street Park, 6040 Eucalyptus, Drive American Canyon, CA.
Speakers, Live Entertainment, Food Trucks, Vendors, Kidzone.
Admission is Free. Limited reserved seating $30. For
additional information: Brenda Knight Events (707) 319-4773. 102