Agenda — Antioch City Council, February 13, 2024 (part 1 of 3)

*AMENDED ANNOTATED AGENDA
Antioch City Council

SPECIAL AND REGULAR MEETING
Including the Antioch City Council acting as Housing Successor to the Antioch Development Agency/ Antioch Public Finance Authority

Date: Tuesday, February 13, 2024
Time: 5:00 P.M. – Special Meeting/Work Session
6:00 P.M. – Closed Session
7:00 P.M. – Regular Meeting

Place: Council Chambers
200 ‘H’ Street
Antioch, CA 94509

City Council meetings are televised live on Comcast channel 24, AT&T U-verse channel 99, or live stream (at www.antiochca.gov). Please see the inside cover for detailed Speaker Rules.

PLEASE TURN OFF CELL PHONES BEFORE ENTERING COUNCIL CHAMBERS.

Lamar Hernandez-Thorpe, Mayor Ellie Householder, City Clerk Monica E. Wilson, Mayor Pro Tem (District 4) Lauren Posada, City Treasurer Tamisha Torres-Walker, Council Member District 1
Michael Barbanica, Council Member District 2 Kwame P. Reed, Acting City Manager Lori Ogorchock, Council Member District 3 Thomas Lloyd Smith, City Attorney

ACCESSIBILITY: In accordance with the Americans with Disabilities Act and California law, it is the policy of the City of Antioch to offer its public programs, services and meetings in a manner that is readily accessible to everyone, including individuals with disabiliti es. If you are a person with a disability and require information or materials in an appropriate alternative format; or if you require any other accommodation, please contact the ADA Coordinator at the number or address below at least 72 hours prior to the meeting or when you desire to receive services. Advance notification within this guideline will enable the City to make reasonable arrangements to ensure accessibility. The City’s ADA Coordinator can be reached @ Phone: (925) 779-6950, and e-mail: [email protected].

ANTIOCH CITY COUNCIL -1- FEBRUARY 13, 2024

Notice of Availability of Reports
This agenda is a summary of the actions proposed to be taken by the City Council. For almost every agenda item, materials have been prepared by the City staff for the Council's consideration. These materials include staff reports which explain in detail the item before the Council and the reason for the recommendation. The materials may a lso include resolutions or ordinances which are proposed to be adopted. Unless otherwise noted, City Council actions include a determination that the California Environmental Quality Act (CEQA) does not apply. The Council meets regularly on the second and fourth Tuesdays of the month at 7:00 p.m., with Closed Sessions often occurring before or after the regular meeting. City Council Agendas, including Staff Reports are posted onto our City’s Website 72 hours before each Council Meeting. To be notified when the agenda packets are posted onto our City’s Website, simply click on this link: Notifications – City of Antioch, California (antiochca.gov) and enter your e-mail address to subscribe. To view the agenda information, click on the following link: City Council – City of Antioch, California (antiochca.gov) . Questions may be directed to the staff member who prepared the staff report, or to the City Clerk's Office, who will refer you to the appropriate person.

Notice of Opportunity to Address Council
The public has the opportunity to address the City Council on each agenda item. To address the Council, fill out a Speaker Request form and place in the Speaker Card Tray near the City Clerk before the meeting begins. This will enable us to call upon you to speak. Comments regarding matters not on this Agenda may be addressed during the "Public Comments" section. No one may speak more than once on an agenda item or during “Public Comments”. The Speaker Request forms are located at the entrance of the Council Chambers. Please see the Speaker Rules on the inside cover of this Agenda.

5:00 P.M. ROLL CALL – SPECIAL MEETING – for Council Members – Council Members District 1 Torres-Walker, District 3 Ogorchock, and Mayor Hernandez-Thorpe (Council Member District 2 Barbanica and Mayor Pro Tem Wilson-Absent)

PLEDGE OF ALLEGIANCE

WORK SESSION

SM-1. BROWN ACT TRAINING PRESENTATION
Received presentation
Recommended Action: It is recommended that the City Council receive the presentation.

6:10 P.M. MOTIONED TO ADJOURN SPECIAL MEETING/WORK SESSION, 3/0

6:10 P.M. ROLL CALL – CLOSED SESSION – for Council Members – Council Members District 1 Torres-Walker, District 3 Ogorchock, and Mayor Hernandez-Thorpe (Council Member District 2 Barbanica and Mayor Pro Tem Wilson-Absent)

PUBLIC COMMENTS for Closed Session – None

CLOSED SESSION:
1) CONFERENCE WITH LEGAL COUNSEL – EXISTING LITIGATION – pursuant to California Government Code section 54956.9: Bullock v. City of Antioch, Superior Court of California Contra Costa County, Case No. MSC19- 01331.

Direction provided to City Attorney

ANTIOCH CITY COUNCIL -2- FEBRUARY 13, 2024

CLOSED SESSION – Continued

2) CONFERENCE WITH LEGAL COUNSEL – ANTICIPATED LITIGATION – Significant exposure to litigation pursuant to California Government Code section 54956.9(d)(2): One Case
Direction provided to City Attorney

3) CONFERENCE WITH LEGAL COUNSEL – ANTICIPATED LITIGATION – Initiation of litigation pursuant to California Government Code section 54956.9(d)(4): One Case.

No reportable action

4) PUBLIC EMPLOYMENT – RECRUITMENT OF CITY MANAGER . This closed session is authorized pursuant to California Government Code section 54957(b).

No reportable action

6:12 P.M. MOTIONED TO ADJOURN TO CLOSED SESSION

7:12 P.M. ROLL CALL – REGULAR MEETING – for City /City Council Members acting as Housing Successor to the Antioch Development Agency /Antioch Public Financing Authority – Council Members District 1 Torres-Walker, District 3 Ogorchock, and Mayor Hernandez-Thorpe
(Council Member District 2 Barbanica and Mayor Pro Tem Wilson-Absent)

PLEDGE OF ALLEGIANCE

CITY ATTORNEY TO REPORT OUT ON CLOSED SESSION

COUNCIL MEMBER OGORCHOCK REQUESTED A MOTION TO SUSPEND THE RULES TO MOVE COUNCIL REGULAR AGENDA ITEM # 5 TO BE HEARD AFTER ITEM #1 ANNOUNCEMENTS OF BOARD AND COMMISSION OPENINGS; APPROVED 3/0

ANNOUNCEMENTS OF CIVIC AND COMMUNITY EVENTS

1. ANNOUNCEMENTS OF BOARD AND COMMISSION OPENINGS

➢ BOARD OF ADMINISTRATIVE APPEALS
➢ PARKS AND RECREATION COMMISSION
➢ SALES TAX CITIZENS’ OVERSIGHT COMMITTEE

ANTIOCH CITY COUNCIL -3- FEBRUARY 13, 2024

COUNCIL REGULAR AGENDA

5. ANTIOCH POLICE OVERSIGHT COMMISSION APPOINTMENT FOR TWO COMMISSION MEMBERS FOR 1 -YEAR TERMS, EXPIRING NOVEMBER 2024; TWO COMMISSION MEMBERS FOR 2 -YEAR TERMS EXPIRING NOVEMBER 2025; AND THREE COMMISSION MEMBERS FOR 3-YEAR TERMS EXPIRING NOVEMBER 2026

Recommended Action:

1) It is recommended that the Mayor nominate the candidates for appointments.

Reso No. 2024/08 adopted appointing Alicia Dianne Lacey-Oha to the Antioch Police Oversight Commission, one-year term, expiring November 2024, 3/0 2) It is recommended that the City Council adopt a resolution approving the Mayor’s appointment of Alicia Dianne Lacey-Oha to the Antioch Police Oversight Commission for a one-year term, expiring November 2024.

Reso No. 2024/09 adopted appointing Devin Williams to the Antioch Police Oversight Commission, one-year term, expiring November 2024, 3/0 3) It is recommended that the City Council adopt a resolution approving the Mayor’s appointment of Devin Williams to the Antioch Police Oversight Commission for a one- year term, expiring November 2024.

Reso No. 2024/10 adopted appointing Porshe Taylor to the Antioch Police Oversight Commission, two-year term, expiring November 2025,3/0 4) It is recommended that the City Council adopt a resolution approving the Mayor’s appointment of Porshe Taylor to the Antioch Police Oversight Commission for a two - year term, expiring November 2025.

Reso No. 2024/11 adopted appointing Leslie May to the Antioch Police Oversight Commission, two-year term, expiring November 2025, 3/0 5) It is recommended that the City Council adopt a resolution approving the Mayor’s appointment of Leslie May to the Antioch Police Oversight Commission for a two-year term, expiring November 2025.

Reso No. 2024/12 adopted appointing Mahogany Spears to the Antioch Police Oversight Commission, three-year term, expiring November 2026, 3/0 6) It is recommended that the City Council adopt a resolution approving the Mayor’s appointment of Mahogany Spears to the Antioch Police Oversight Commission for a three-year term, expiring November 2026.

Reso No. 2024/13 adopted appointing Treva Hadden to the Antioch Police Oversight Commission, three-year term, expiring November 2026, 3/0 7) It is recommended that the City Council adopt a resolution approving the Mayor’s appointment of Treva Hadden to the Antioch Police Oversight Commission for a three- year term, expiring November 2026.

ANTIOCH CITY COUNCIL -4- FEBRUARY 13, 2024

Reso No. 2024/14 adopted appointing Harry Thurston to the Antioch Police Oversight Commission, three-year term, expiring November 2026, 3/0 8) It is recommended that the City Council adopt a resolution approving the Mayor’s appointment of Harry Thurston to the Antioch Police Oversight Commission for a three-year term, expiring November 2026.

PUBLIC COMMENTS – Members of the public may comment only on unagendized items.

The public may comment on agendized items when they come up on this Agenda.

CITY COUNCIL COMMITTEE REPORTS/COMMUNICATIONS

MAYOR’S COMMENTS

2. CONSENT CALENDAR for City /City Council Members acting as Housing Successor to the Antioch Development Agency/Antioch Public Financing Authority

A. APPROVAL OF COUNCIL MEETING MINUTES FOR JANUARY 23, 2024 Approved, 3/0
Recommended Action: It is recommended that the City Council approve the Meeting Minutes.

B. APPROVAL OF COUNCIL SPECIAL MEETING MINUTES FOR JANUARY 30, 2024 Continued, 3/0
Recommended Action: It is recommended that the City Council continue the Special Meeting Minutes.

C. APPROVAL OF COUNCIL WARRANTS
Approved, 3/0
Recommended Action: It is recommended that the City Council approve the warrants.

D. APPROVAL OF HOUSING SUCCESSOR WARRANTS
Approved, 3/0
Recommended Action: It is recommended that the City Council approve the warrants.

E. REJECTION OF CLAIMS: MICHAEL J. CLARK AND SUSAN SHINTAKU Rejected, 3/0
Recommended Action: It is recommended that the City Council reject the claims submitted by Michael J. Clark and Susan Shintaku.

ANTIOCH CITY COUNCIL -5- FEBRUARY 13, 2024

CONSENT CALENDAR for City /City Council Members acting as Housing Successor to the Antioch Development Agency/Antioch Public Financing Authority – Continued

F. CITY OF ANTIOCH ANNUAL COMPREHENSIVE FINANCIAL REPORT FOR THE FISCAL YEAR ENDED JUNE 30, 2023
Received and filed, 3/0
Recommended Action: It is recommended that the City Council receive and file the City of Antioch Annual Comprehensive Financial Report for the Fiscal Year Ended June 30, 2023, inclusive of the City of Antioch Single Audit Reports for the Fiscal Year Ended June 30, 2023.

G. ANTIOCH PUBLIC FINANCING AUTHORITY – BASIC FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR’S REPORT FOR THE YEAR ENDED JUNE 30, 2023 Received and filed, 3/0
Recommended Action: It is recommended that the Board of the Antioch Public Financing Authority receive and file the Antioch Public Financing Authority – Basic Financial Statements and Independent Auditor’s Report for the Year Ended June 30, 2023.

H. CONSIDERATION OF BIDS FOR THE CURB, GUTTER, AND SIDEWALK REPAIR

INCLUDING TREE REMOVAL AND STUMP GRINDING AND INSTALLATION OF CONCRETE CURB RAMPS AT MISCELLANEOUS LOCATIONS (2024) (P.W. 507-20) Reso No. 2024/15 adopted, 3/0
Recommended Action: It is recommended that the City Council adopt a resolution:

1) Awarding the construction agreement to the lowest,
responsive, and responsible bidder, Sandstone Environmental Engineering, Inc., for the Curb, Gutter, and Sidewalk Repair Including Tree Removal and Stump Grinding and Installation of Concrete Curb Ramps at Miscellaneous Locations (2024) in the amount of $398,800; and

2) Authorizing the Acting City Manager or designee to execute the construction agreement with Sandstone Environmental
Engineering, Inc., for a total amount of $398,800.

I. FIRST AMENDMENT TO THE AGREEMENT WITH PROFESSIONAL TREE CARE CO.

FOR ON CALL TREE TRIMMING SERVICES
Reso No. 2024/16 adopted, 3/0
Recommended Action: It is recommended that the City Council adopt a resolution:

1) Approving the first amendment to the agreement with
Professional Tree Care Co. for additional tree services for a total amendment amount of $976,540, which would result in a total five-year (5) contract amount not to exceed $2,226,540; and

2) Authorizing the Acting City Manager or designee to execute the first amendment in a form approved by the City Attorney.

ANTIOCH CITY COUNCIL -6- FEBRUARY 13, 2024

CONSENT CALENDAR for City /City Council Members acting as Housing Successor to the Antioch Development Agency/Antioch Public Financing Authority – Continued

J. APPROVAL OF EXTRA STREET SWEEPING SERVICES FROM SWEEPING

CORPORATION OF AMERICA UTILIZING THE SOURCEWELL COOPERATIVE PURCHASING AGREEMENT NO. 062421-SWP
*COUNCIL MOTIONED TO POSTPONE TO THE NEXT MEETING, 3/0
Recommended Action: It is recommended that the City Council adopt a resolution:

1) Approving the proposal from Sweeping Corporation of America for extra street sweeping services in the amount of $100,270 in Fiscal Year 2023/24 and $210,565 in Fiscal Year 2024/25 for a total contract amount not to exceed $310,835; and

2) Authorizing the Acting City Manager to execute procurement of extra street sweeping services utilizing Sourcewell
Cooperative Purchasing Contract No. 062421 - SWP with
Sweeping Corporation of America.

K. FIRST AMENDMENT TO THE CONSTRUCTION AGREEMENT WITH W.R FORDE ASSOCIATES, INC. FOR THE WATER MAIN REPLACEMENT AT VARIOUS LOCATIONS (P.W. 503-19)
Reso No. 2024/18 adopted, 3/0
Recommended Action: It is recommended that the City Council adopt a resolution:

1) Approving an amendment to increase the construction
agreement with W.R. Forde Associates, Inc. for the Water Main Replacement at Various Locations Project in the amount of $189,513.76 for a total contract amount of $2,956,013.76; and

2) Authorizing the Acting City Manager or designee to execute the amendment in a form approved by the City Attorney.

L. RESOLUTION ACCEPTING COMPLETED IMPROVEMENTS, AUTHORIZING FILING A

NOTICE OF COMPLETION AND AUTHORIZING RELEASE OF BONDS FOR PROMENADE PHASES 1, 2 AND 3 – VINEYARDS AT SAND CREEK SUBDIVISION, TRACT NO. 9484, 9483, AND 9482 (PW 697-1, 697-2, AND 697-3) Reso No. 2024/19 adopted, 3/0
Recommended Action: It is recommended that the City Council adopt a resolution accepting the completed improvements, authorizing the Acting City Manager or designee to file a notice of completion for the project and authorizing the release of bonds for Promenade Phases 1, 2 and 3 – Vineyards at Sand Creek Subdivisions 9484, 9483, and 9482.

ANTIOCH CITY COUNCIL -7- FEBRUARY 13, 2024

CONSENT CALENDAR for City /City Council Members acting as Housing Successor to the Antioch Development Agency/Antioch Public Financing Authority – Continued

M. APPROVAL OF AWARDS FOR THE 2023 -2024 CIVIC ENHANCEMENT GRANT

PROGRAM
Reso No. 2024/20 adopted adding
Rotary Club of the Delta in the amount of $1,000, 3/0
Recommended Action:

1) It is recommended that the City Council approve a:

• $2,500 grant plus approximately $2,300 of in -kind City facility services to the Antioch Rotary Club for the King’s Conference for Underserved Male Youth; • $1,500 grant to Be Exceptional for Funds to Expand Youth Programs for people with disabilities;
• $1,500 grant to Cancer Support Community to provide support and services to people and families impacted by cancer;
• $3,000 grant plus approximately $5,000 of in -kind City facility services to Celebrate Antioch Foundation to provide community special events in Rivertown;
• $1,000 grant plus approximately $3,900 of in-kind City facility services to Contra Costa Legal Services for informational sessions on avoiding fraud and scams at the Antioch Senior Center;
• $8,000 grant to Delta Learning Center for tutoring services primarily for elementary school students in English/ Language Arts;
• $3,000 grant to El Campanil Theater for the Children’s Theater Program; • $2,000 grant plus approximately $1,500 of in-kind City facility services to Facing Homelessness to provide supplies and resources to the unhoused; • $3,000 grant to Grace Closet for Expansion of Community Resource and Health Fair;
• $1,500 grant to Loaves and Fishes of Contra Costa to provide food for families, seniors, unhoused residents, and veterans;
• $8,000 grant plus approximately $300 of in -kind City facility services to New Generation Equity/STEAM4Real for Providing Sports/ Athletic activities for the community;
• $2,500 grant to the Police Activities League (PAL) to provide Sports/ Athletic activities for the community;
• $5,500 grant to RR Transitional Housing for the Youth Empowerment Monthly Seminar;
• $4,500 grant to SHARE Community for the Mobile Shower and Hygiene Service Program; and
• $1,500 grant to This Active Art for free art activities for the community.

2) It is recommended that the City Council adopt the resolution codifying the City Council’s approval of the 2023-2024 Civic Enhancement Grants.

ANTIOCH CITY COUNCIL -8- FEBRUARY 13, 2024

PUBLIC HEARING

3. PG&E SERVICE CENTER (PD-21-05, UP-21-14, DR2023-0022)

Recommended Action: It is recommended that the City Council take the following actions:

Reso No. 2024/21 adopted, 3/0
1) Adopt the resolution approving the PG&E Service Center Project Initial Study/Mitigated Negative Declaration (IS/MND), Response to Comments, and Mitigation Monitoring and
Reporting Program (MMRP).

To February 27, 2024, Council Meeting for Adoption, 3/0 2) Introduce by title only and waive the further reading of the ordinance rezoning the project site to Planned Development (PD).

Reso No. 2024/22 adopted, 3/0
3) Adopt the resolution approving a Final Development Plan, Use Permit, and Design Review.

CEQA: The City prepared an IS/MND, Response to Comments, and MMRP for the project.

MAYOR HERNANDEZ -THORPE REQUESTED A MOTIONED TO POSTPONE PUBLIC HEARING ITEM #4 TO THE FEBRUARY 27, 2024, COUNCIL MEETING; APPROVED 3/0

PUBLIC HEARING – Continued

4. ADOPTION OF AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ANTIOCH, CALIFORNIA, ADDING CHAPTER 4 TO TITLE 4 (PUBLIC SAFETY) OF THE ANTIOCH

MUNICIPAL CODE RELATING TO ORGANIZING OR ADVERTISING STREET RACING,

SIDESHOWS, AND RECKLESS DRIVING EXHIBITIONS

Recommended Action: It is recommended that the City Council introduce by title only and waive further reading of the ordinance adding Chapter 4 to Title 4 (Public Safety) of the Antioch Municipal Code relating to “Organizing or Advertising Street Racing, Sideshows, and Reckless Driving Exhibitions.”

ANTIOCH CITY COUNCIL -9- FEBRUARY 13, 2024

MAYOR HERNANDEZ -THORPE REQUESTED A MOTION TO POSTPONE COUNCIL REGULAR AGENDA ITEM #6 TO THE FEBRUARY 27, 2024, COUNCIL MEETING; APPROVED 3/0

COUNCIL REGULAR AGENDA – Continued

6. BUDGET REQUESTS CONTINUED FROM NOVEMBER 28, 2023

Recommended Action: It is recommended that the City Council adopt a resolution approving amendments to the 2023/24 and 2024/25 fiscal year budgets for staffing and other items considered at the meeting of February 13, 2024.

PUBLIC COMMENTS

STAFF COMMUNICATIONS

COUNCIL COMMUNICATIONS AND FUTURE AGENDA ITEMS – Council Members report out various activities and any Council Member may place an item for discussion and direction on a future agenda. Timing determined by Mayor and Acting City Manager – no longer than 90 days.

MOTION TO ADJOURN – After Council Communications and Future Agenda Items, the Mayor will make a motion to adjourn the meeting. A second motion is required, and then a majority vote is required to adjourn the meeting.

Motioned to adjourn meeting at 10:59 p.m., 3/0
BBKLAW.COM © 2023 Best Best & Krieger LLP
The Ralph M. Brown Act
The People’s Business and the Right of Access
Christopher J. Diaz
2 Partner
[email protected]
(925) 977-3300
Christopher J. Diaz is a public agency attorney serving as city attorney to the towns of Colma and Hillsborough, and as district counsel for the Castro Valley Sanitary District. Christopher is currently serving on the Brown Act Committee of the City Attorney’s Department for the League of California Cities.

Presenter

Overview

1. Purpose of the Brown Act

2. Applications of the Brown Act

3. Serial Meetings

4. Rules Governing Meetings

5. Teleconferencing

6. Closed Session

7. Remedies/Cure
3 • To ensure that almost all aspects of the
decision-making process of legislative
bodies of local agencies are conducted in
public and open to public scrutiny.
• “The people, in delegating authority, do not give their public servants the right to decide what is good for
the people to know and what is not good for them to
know. The people insist on remaining informed so
that they may retain control over the instruments
they have created.” (Gov. Code 54950.)
4 Purpose of the Brown Act

Purpose of the Brown Act
• Two key parts of the Brown Act have not changed since its adoption in 1953:
“In enacting this chapter, the Legislature finds and declares that the public commissions, boards and councils and the other public agencies in this State exist to aid in the conduct of the people’s business. It is the intent of the law that their actions be taken openly and that their deliberations be conducted openly.”
“The people of this State do not yield their sovereignty to the agencies which serve them.

The people, in delegating authority, do not give their public servants the right to decide what is good for the people to know and what is not good for them to know. The people insist on remaining informed so that they may retain control over the instruments they have created.”
5 • “Meetings” of legislative bodies of
local agencies
Local agencies
Legislative bodies
Meetings
Persons elected to legislative bodies,
even prior to assuming office
6 Application

Application
• Local Agency
Means a county, city, whether general law or chartered, city and county, town, school district, municipal corporation, district, political subdivision, or any board, commission or agency thereof, or other local public agency
• Legislative Body
Governing body;
Board, commission, committee created by formal action of the governing body Standing Committees, Task Forces
7 Application
• All meetings shall be open and public except when the Brown Act authorizes otherwise.

The Ralph M. Brown Act (Government Code sections 54950-54963). 8 BUT …
• What is a meeting?
• When is a meeting nota meeting?
9 Application

Application
• Meeting
Any gathering of a majority of the members at the same time and place (even electronically) to hear, discuss or deliberateupon any matter under their jurisdiction.

No action needs to be taken for a meeting to occur; conversations between and among members of a legislative body about issues confronting the agency is sufficient.

Essentially, any collective concurrence of a quorum of the legislative body is a “meeting.”
10 Application
• Not a Meeting
Individual contacts (less than a quorum);
But … beware of serial meetings
Conferences and seminars;
Community meetings;
Purely social or ceremonial occasions;
Attendance at standing committee meetings;
Meetings with other legislative bodies – a majority of the governing body may attend as long as they do not discuss among themselves issues related to the agency. 11 Serial Meetings
• Serial Meetings – Expressly Prohibited
“Use of direct communication, personal intermediaries, or technological devices employed by a majority of the legislative body members in order to develop a collective concurrence as to action to be taken on an item by the legislative body is prohibited.”
12 Serial Meetings
• Elements of a Serial Meeting
Series of communications
Between less than a quorum
But taken as a whole involves a majority
Concurrence is formed
Advances or Clarifies the Understanding of an Issue;
Facilitates an Agreement or Compromise Among Members;
Advances the Ultimate Resolution of an Issue.
13 Serial Meetings
Two types of Serial Meetings
• Chain
Member A speaks to Member B who speaks with Member C about a particular matter and in the process they all form a collective concurrence on a matter. • Hub and Spoke
An intermediary acts as a hub of a wheel with members relaying information back and forth to each other through the hub and in the process a majority of the legislative body develops a collective concurrence.

Can occur via staff conversations with elected
Can also occur via the public if councilmembers meet with members of the public 14 One-On-One Contact With Others
Serial Meeting Exceptions
• While the Brown Act prohibits serial meetings, it also explicitly provides an exception for one-on-one communications by a non-member (i.e., staff) with members of the legislative body.
• But does NOT sharing of views, comments, or concerns of different members
15 • Ways Serial Meetings Can Happen
Personal Meeting
Telephone Call or Text Message
Email (especially “reply all”)
Work through staff
Written Correspondence - letters
Use of Intermediaries
Social Networking Sites such as
Facebook and Twitter
16 Serial Meetings

Email Tips
• Refrain from “reply all”
in e-mails
• Ensure that any
individual e-mails do
not become a serial
meeting
• Risk of forwarding
Serial Meetings – Emails
17 Email Tips for Appointed and Electeds
• If a constituent sends an email to the full Council or Commission seeking something:
• Send email to staff liaison or City Manager (if Council). • Reply (but not reply-all!) to the constituent thanking them but do notexpress opinions. • Staff should then circle back to the full Commission or Council indicating the outcome.

Email Tips for Staff
• Do not add individual commission or councilmembers to emails responding to a constituent.
• If constituent adds individual commission members or councilmembers to an email, when replying, remove them but email them separately indicating outcome.

Serial Meetings – Emails – Best Practices
18 Social Media Tips:
• Beware of the comments section:

Engaging in discussions using social
media or the comments section of
article, etc. can qualify as a meeting
• Example: A series of comments on a
news article, Facebook or “X” post,
may qualify as a meeting
• Take caution
19 Serial Meetings - Social Media

AB 992 – Brown Act and Use of
Internet-Based Social Media Platforms
• New law effective January 1, 2021.
• Addresses permitted and prohibited public official communications via social media. • Permitted: A member of a legislative body may communicate with the public using an internet-based social media platform that is open and accessible to the public (e.g., Facebook, Twitter) regarding a matter that is within the subject matter jurisdiction of the agency (“agency business”).

Ok to answer questions, provide information to the public, or to solicit information. Treat as a public forum – do not censor people.

But … beware of engaging with fellow councilmembers on social media – even emojis, likes, or sharing of posts
20 • Prohibited communications via social media:
• NO: A majority of the members may not use an internet- based social media platform to discuss agency
business.
• NO: A member may not respond directly to any
communication posted or shared by another member
regarding agency business on an internet-based social
media platform. 1-on-1 privately (email) or in person is OK; 1-on-1 on publicly available social media
(Facebook) is NOT OK
• Includes: NO likes, thumbs up, emojis or other symbols. 21 AB 992 – Brown Act and Use of
Internet-Based Social Media Platforms

Serial Meeting Hypo – Text/Emails
• During a Commission meeting, 5 of 7 members frequently look down into their laps. In some instances, an audible bell is heard sounding like a notification from an iPhone.
• A local reporter later asks if the Commissioners violated the Brown Act by sending texts or e-mails to each other about agency business. • Was the Brown Act violated?
22 Serial Meeting Hypo - Brown Act in Cyberspace
• Blog post: Agency seeking new GM
• Comment #1 (board member): We need someone with great communication skills. • Comment #2 (board member): And with a high degree of technical knowledge • Comment #3 (board member): Anyone will be better than the last guy • Comment #4 (resident): Has the Brown Act just been violated? 23 Serial Meetings Hypo
• City’s Facebook post: Next budget workshop will examine long-term impacts of capital needs • Board member 1 comments: Yes, this must be a priority. Please attend Tuesday’s meeting! • Board member 2: I agree. Top budget priority!
• Board member 3 replies: Me too.
• Board member 4 “likes” Board Member 1’s post.
• Vendor: Please consider us for this work!
• Resident: We can’t afford to pay for this. Our drought surcharged rates are already too high! 24 • Regular meeting
• Special meeting
• Public’s right to comment
• Closed Sessions
25 Rules Governing Meetings

Rules Governing Meetings
• REGULAR MEETINGS - Agenda Requirements:

Post 72 hours prior to the meeting.

Must include the time and location of the meeting.

Must contain a brief general description of each item to be discussed or addressed, including closed session items.

Must provide opportunity for comment on non-agenda items – general public comment period.
26 Rules Governing Meetings
• SPECIAL MEETINGS - Agenda Requirements:

Posted no later than 24 hours prior to the meeting.

Must include the time and location of the meeting.

Must contain a brief general description of each item to be discussed or addressed, including closed-door items.

Only requires that we allow public comment on the items listed on the special meeting agenda – no need for general public comment period.
27 Rules Governing Meetings
• Distribution of Agenda Packet to Public
In addition to posting an agenda, a local agency must also make the agenda packet available to the public when the materials are distributed to all or a majority of the legislative body.
• Distribution of Late Materials
If within 72 hour window – make available for the public and post on the agency website.

May need to include address of the office on the agenda where documents are made available for the public (i.e. City Clerk’s information).

If at the meeting, ensure copies are available for the public at the meeting if City controlled document, or after the meeting if public provided. 28 • The Public’s Right to Comment
At every regular meeting, members of the
public have the right to directly address the
body on any item under the jurisdiction of the
body – general public comment.

For agenda items, the public must be given
an opportunity to comment before or during
the body’s consideration of the item.

At special meetings, members of the public
have the right to address the body about any
item that is listed on the agenda.
29 Rules Governing Meetings

• SB 1100, which will become effective January 1, 2023, added Section 54957.95 to the Government Code. It allows the
presiding member of the legislative body to remove individuals disrupting the meeting after first providing a warning that if they continue their disruptive behavior they will be removed. • Removal is only justified for “disrupting”
disturbs, impedes, or renders infeasible the orderly conduct of the meeting and includes, but is not limited to, failure to comply with the agency’s rules regarding public comment or engaging in behavior that constitutes the use of force or a true threat of force.

Basically the inability to proceed with the meeting
• City council may not prohibit “insolent” (i.e. rude, disparaging, defamatory, even profane) remarks by members of the public absent actual disruption.
30 Rules Governing Meetings
Willful Interruptions

Rules Governing Meetings
• Public Recording of Meetings
The public must be allowed to audio or video tape a meeting unless the agency can make a reasonable finding that the recording would constitute a persistent disruption of the proceedings
Recordings of public meetings by the agency are public records If the agency records, the recording must be kept for 30 days But … check City’s records retention schedule which may have a different timeline. 31 Rules Governing Meetings
• No action or discussion allowed for any item not listed on agenda except for:

Adding Items of Subsequent Need. Adding items by 2/3 vote because of need for “immediate action”that came to the agency’s attention afterthe agenda is posted 32 Rules Governing Meetings
No action or discussion allowed for any item not listed on agenda except:
• Briefresponses to statements or questions from public • Questions to staff for clarification of matters based upon public comments • Brief announcements or reports on member’s or staff’s own activities Tied to public comment time
• Providing references or information to staff
• Asking staff to report back at a future meeting on any matter 33 Special Circumstances at Meetings
• For bilingual public speakers Brown Act requires twice as much time to speak during public comment
Enough time to provide original statement in native language and translation Example: instead of 3 minutes, the agency should provide 6 minutes. 34 Teleconferencing
• Teleconferencing may be used for any meeting of the legislative body.

All votes by roll call.

Agendas posted at all teleconference locations and teleconference locations identified.

Teleconference locations must be accessible to the public.

At least a quorum must be within the boundaries of the local agency. 35 Teleconferencing during and post COVID
• March 17, 2020: Governor Newsom issues Executive Order N-29-20 suspending certain provisions in the teleconferencing provision in the Brown Act.

Change waived the four basic requirements, with the exception of roll call voting. • September 15, 2021:Governor signs AB 361 essentially codifying the terms of the Governor’s Executive Order, but required ongoing findings • September 16, 2022: Governor signs AB 2449 adding “just cause” and “emergency” provisions for teleconferencing.
36 Closed Sessions
• Must be expressly authorized
• Must be briefly described in agenda
• Must verbally announce items
• If action is taken, may need to report to the public
• Used when public is better served by closed session
Think real estate negotiation or litigation strategy
37 37

Limited Closed Sessions
• Real Property Transactions (price and terms of payment) • Litigation--Existing, Anticipated and Initiation
• Personnel Issues--Appointment, Performance, Evaluation, Discipline/Dismissal/Release • Labor Negotiations
• Threats to Public Services or Facilities
• Joint Powers Authority
Can disclose closed session discussions with authorizing legislative body in closed session – but limited scenarios – check with both JPA Counsel and City Attorney 38 Closed Session
• Brown Act Agenda Safe Harbor Language
• Requires specific wording for each specific instance
• CLOSED SESSIONS MUST BE ON THE AGENDA AND ONLY FOR

SPECIFIC REASONS LISTED IN THE BROWN ACT
• Consult with your City Attorney for language requirements 39 Closed Session Pitfalls
• Must allow public comment prior to closed session
• Must announce or provide reasons why going into closed session. • Only members of legislative body, legal counsel for body, staff, and necessary consultants may be present
• Real Estate Negotiations – what does “Price and Terms of Payment” really mean?
• Human Relations and Personnel Traps for the Unwary: Evaluating the Police Chief and Compensation of Chief Executive
40 Threatened Litigation
• The documentation of the threat must be included in the agenda packet • Include a sentence describing the threat on the face of the agenda and include whatever written documentation is available of the threat Internal memo
Lawyer letter
Bottom line- transparency
41 Reportable Actions
• The legislative body must publicly report any action taken in closed session and the vote or abstention on that action of every member present regarding:

Approval of an agreement concluding real estate negotiations Approval given to legal counsel to defend, or seek or refrain from seeking appellate review or relief, or to enter as an amicus curiae in any form of litigation
Approval given to legal counsel of a settlement of pending litigation Disposition reached as to claims discussed pursuant to joint powers insurance authority Action taken to appoint, employ, dismiss, accept the resignation of, or otherwise affect the employment status of a public employee
Approval of an agreement concluding labor negotiations with represented employees Pension fund investment decisions
42 The Confidentiality of Closed Session
Discussions
• The Brown Act explicitly prohibits the unauthorized disclosure of confidential information acquired in a closed session by any person present, and offers various remedies to address breaches of confidentiality • Only the legislative body acting as a body may agree to divulge confidential closed session information; regarding attorney/client privileged communications, the entire body is the holder of the privilege and only the entire body can decide to waive the privilege.
43 Remedies for Disclosure
• Employee
Disciplinary action against an employee who has willfully disclosed confidential information in violation of this section; up to dismissal • Member of the Legislative Body
Referral of the member who willfully disclosed confidential information in violation of this section to the Grand Jury
44 Remedies for Violations
• Any interested person, including the district attorney, may seek to invalidate certain actions of a legislative body on the ground that they violate the Brown Act. Violations of the Brown Act, however, cannot be invalidatedif they involve the following types of actions:

Those taken in substantial compliance with the law.

Those involving the sale or issuance of notes, bonds or other indebtedness, or any related contracts or agreements;
Those creating a contractual obligation, including a contract awarded by competitive bid for other than compensation for professional services, upon which a party has in good faith relied to its detriment; Those connected with the collection of any tax; or
Those in which the complaining party had actual notice at least 72 hours prior to the regular meeting or 24 hours prior to the special meeting, as the case may be, at which the action is taken. 45 • The remedy is available to “[t]the district
attorney or any interested person” who
must first mail or fax a “cease and desist
letter” “to the clerk of secretary of the
legislative body being accused of the
violation” “clearly describing the past
action of the legislative body and nature of
the alleged violation.”
• Such a demand must be made within nine
months of an alleged violation.
• The legislative body has 30 days to respond to a
ceaseanddesist letter although a later response may
still obviate subsequent suit, but will oblige the agency for the plaintiff’s attorneys’ fees and costs.
• Such a response may be “an unconditional commitment
to cease, desist from, and not repeat the past action that is alleged to violate this chapter” in substantially the form specified in section 54960.2, subdivision (c)(1)
• Such an unconditional commitment “shall be approved
by the legislative body in open session at a regular or special meeting as a separate item of business, and not on its consent agenda.”
46 Brown Act Cure
Remedies for Violations
• For violations, Court may:

Enjoin action
Invalidate action
Mandate correction
• Court costs & attorney fees are recoverable
• Individuals who intentionally violate may be guilty of a misdemeanor 47 “The people of this State do not yield their sovereignty to the agencies which serve them. The people, in delegating authority, do not give their public servants the right to decide what is good for the people to know and what is not good for them to know.

The people insist on remaining informed so that they may retain control over the instruments they have created.”
Enshrined in Statute and Quoted by
Justices
48 48
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49 BOARD / COMMISSION / COMMITTEE

VACANCY ANNOUNCEMENTS

Phone: (925) 779-7009 OFFICE OF THE CITY CLERK 200 H Street/P.O. Box 5007 [email protected] Antioch, CA. 94531-5007
https://bit.ly/COA-BC23 AntiochIsOpportunity.com
The City of Antioch encourages residents to become involved in their local community. One way to do so is to serve on one of the various Boards, Commissions, and Committees. Any interested resident is invited to apply for the following vacancies by 5:00 p.m., on Friday, March 1, 2024:

BOARD OF ADMINISTRATIVE APPEALS
Four (4) Vacancies, expiring March 2028

PARKS AND RECREATION COMMISSION
Three (3) Vacancies, expiring March 2028

OVERSIGHT COMMITTEE
Three (3) Vacancies, expiring March 2028
One (1) Partial-Term Vacancy, expiring March 2026
To be considered for the vacancy position(s) listed
https://bit.ly/COA-BC23. Printed
applications are also available at Antioch City Hall,
200 H Street, Antioch, CA.

Please return the completed application by the
deadline date listed above, by email to:
[email protected]. You can also drop off the
application (Attn: City Clerk), in the water billing
drop-off box outside Antioch City Hall.

Your interest and desire to serve our community can make a difference. #1

BOARD OF ADMINISTRATIVE APPEALS
Four (4) Vacancies, expiring March 2028

Deadline Date: By 5:00 p.m., March 1, 2024
The City of Antioch encourages residents to become involved in their local community.

One way to do so is to serve on various commissions, boards, and committees. Any interested resident is encouraged to apply.

Purpose:

The Board of Administrative Appeals hears appeals regarding administrative decisions by any official of the City dealing with Municipal Code Interpretations.

Board Seats:

Five (5) Board Members, 4-year terms.

One (1) Alternate Board Member, 2-year term.

Meetings:

Held every first Thursday of every month at 3:00 p.m. in the City Council Chambers; or on other dates as needed.

Requirements:

Must be a resident of the City of Antioch.

Three (3) members shall have experience in building construction trades and/or training in the CA Code of Regulations.

Board members are required to submit the Fair Political Practices Commission (FPPC) Form 700 (Statement of Economic Interests) upon assuming office, and every year thereafter.

Board members are required to complete a 2-hour online AB1234 Ethics course within one year of their appointment.

Newly appointed and reappointed Members are required to take an Oath of Office administered by the City Clerk.

To be considered for these volunteer position(s), a completed application must be emailed to: [email protected], or mailed/delivered to the Office of the City Clerk, by the deadline date listed above. Applications are available on the City’s website at:
https://bit.ly/COA-BC23, and at the City Clerk’s Office.

PARKS & RECREATION COMMISSION
Three (3) Vacancies, expiring March 2028

Deadline Date: By 5:00 p.m., March 1, 2024
The City of Antioch encourages residents to become involved in their local community.

One way to do so is to serve on various commissions, boards, and committees. Any interested resident is encouraged to apply.

Purpose:

The Parks and Recreation Commission serves in an advisory capacity to the City Council in matters pertaining to Parks and Recreation functions, as well as engaging the community in programs and services. The Commission also surveys current and future park and recreational needs of the community to provide a sound and year-round recreational program for all ages.

Commission Seats:

Seven (7) Commission Members, 4-year terms.

Meetings:

Held every third Thursday of every month at 7:00 p.m. in the City Council Chambers; or on other dates as needed.

Requirements:

Must be a resident of the City of Antioch.

Commissioners are required to submit the Fair Political Practices Commission (FPPC) Form 700 (Statement of Economic Interests) upon assuming office, and every year thereafter.

Commissioners are required to complete a 2-hour online AB1234 Ethics course within one year of their appointment.

Newly appointed and reappointed Members are required to take an Oath of Office administered by the City Clerk.

SALES TAX CITIZENS’ OVERSIGHT COMMITTEE
( ) Vacanc, expiring March 202
( ) Vacanc, expiring March 202
eadline : By 5:00 p.m., , 202
The City of Antioch encourages residents to become involved in their local community. One way to do so is to serve on various commissions, boards, and committees. Any interested resident is encouraged to apply.

Purpose:

The Sales Tax Citizens’ Oversight Committee shall review the expenditures and report publicly how the funds are being used to address the City Council’s stated priorities of maintaining Antioch’s fiscal stability, police patrols, 911 emergency response, youth violence prevention programs; ensuring water quality/safety; repairing streets; cleaning up parks/illegal dumping; restoring youth afterschool/summer programs; and other essential services. Each year, an independent auditor shall complete a public audit report of the revenue raised and its expenditure. The Committee’s review shall be completed in conjunction with the City’s budget process. The Committee’s report on its review, whether oral or written, shall be considered by the City Council at a public meeting before April 1 of each year. Any written report shall be a matter of public record.

Committee Seats:

Seven (7) Members, 4-year terms.

Meetings:

The Committee shall meet at least twice a year.

Requirements:

Must be a resident of the City of Antioch.

At least one member of the Committee shall have a financial, accounting or auditing background.

Commissioners are required to submit the Fair Political Practices Commission (FPPC) Form 700 (Statement of Economic Interests) upon assuming office, and every year thereafter.

Commissioners are required to complete a 2-hour online AB1234 Ethics course within one year of their appointment.

Newly appointed and reappointed Members are required to take an Oath of Office administered by the City Clerk.

To be considered for these volunteer position(s), a completed application must be emailed to:
[email protected], or mailed/delivered to the Office of the City Clerk, by the deadline date listed above. Applications are available on the City’s website at: https://bit.ly/COA-BC23, and at the City Clerk’s Office.

CITY COUNCIL MEETING

Regular Meeting January 23, 2024
7:00 P.M. Council Chambers

5:30 P.M. - CLOSED SESSION

Mayor Thorpe called the Closed Session to order at 5:30 P.M., and Acting City Clerk Rosales called the roll.

Present: Council/Agency Members District 1 Torres-Walker, District 2 Barbanica, District 3 Ogorchock, Mayor Pro Tem (District 4) Wilson and Mayor Thorpe

PLEDGE OF ALLEGIANCE

Mayor Thorpe led the Pledge of Allegiance.

1. CONFERENCE WITH LEGAL COUNSEL Existing Litigation pursuant to California Government Code section 54956.9; Frank Sterling v. City of Antioch, et al. United States District Court Northern District of California Case No. 3:22-cv-07558-TSH.

2. CONFERENCE WITH LEGAL COUNSEL ANTICIPATED LITIGATION Initiation of litigation pursuant to California Government Code section 54956.9(c): Nine Cases.

3. CONFERENCE WITH REAL PROPERTY NEGOTIATIONS pursuant to California Government Code section 54956.8; Property: 275 W. Tregallas Road, Antioch, CA; Agency Negotiation: City of Antioch Negotiators: Kwame P. Reed, Acting City Manager and Thomas Lloyd Smith, City Attorney; Negotiating Parties: Richard Hobin, Esq.; Under Negotiation: Price and terms of payment.

4. CONFERENCE WITH REAL PROPERTY NEGOTIATIONS pursuant to California Government Code section 54956.8; Property: Approximately 2,540 square feet of property adjacent to 1 Marine Plaza (APN 066-010-017), Antioch, CA; Negotiating Parties: City of Antioch Negotiators: Kwame P. Reed, Acting City Manager and Thomas Lloyd Smith, City Attorney; Negotiating Parties: Sean McCauley, Owner of Adjacent Property; Under Negotiation: Price and terms of payment.

PUBLIC COMMENTS None

ADJOURN TO CLOSED SESSION

Mayor Thorpe adjourned to Closed Session at 5:32 P.M.

7:00 P.M. REGULAR MEETING

Mayor Thorpe called the meeting to order at 7:05 P.M., and City Clerk Householder called the roll. A
02-13-24

ANTIOCH CITY COUNCIL
Regular Meeting
January 23, 2024 Page 2 of 8

Present: Council/Agency Members District 1 Torres-Walker, District 2 Barbanica, District 3 Ogorchock, Mayor Pro Tem (District 4) Wilson and Mayor Thorpe

PLEDGE OF ALLEGIANCE

Mayor Thorpe led the Pledge of Allegiance.

CITY ATTORNEY TO REPORT OUT ON CLOSED SESSION

City Attorney Smith reported the City Council had been in Closed Session and gave the following report: #1 CONFERENCE WITH LEGAL COUNSEL, City Council approved a case settlement in the amount of $150,000, by a 4-1 vote with Councilmember Barbanica voting no, #2 CONFERENCE WITH LEGAL COUNSEL ANTICIPATED LITIGATION, direction given to City Attorney, #3 CONFERENCE WITH REAL PROPERTY NEGOTIATIONS, direction given to City Attorney and Acting City Manager; and, #4 CONFERENCE WITH REAL PROPERTY NEGOTIATIONS, , direction given to City Attorney and Acting City Manager.

1. INTRODUCTION OF NEW CITY EMPLOYEES

Acting Director of Public Works/City Engineer Buenting introduced Stephen Hopkins, Water Distribution Operator 1, Aaron Carrasco, General Laborer and Jordan Castillo, General Laborer.

Acting Assistant City Manager Helfenberger introduced Savoy Fraine, Recreation Supervisor.

Lieutenant Bittner introduced Alma Rodriguez, Police Records Technician.

Mayor Thorpe welcomed the new employees and thanked current employees for supporting their colleagues.

2. PROCLAMATIONS

Proclamation Recognizing Human Trafficking Prevention Month, January 2024 In Honor of Black History Month, February 2024
Celebrating Thomas Gaines Day in Antioch, February 9, 2024

On motion by Councilmember Ogorchock, seconded by Councilmember Wilson, the City Council unanimously approved the Proclamations.

Representatives from Community Violence Solutions and Love Never Fails accepted the Proclamation Recognizing Human Trafficking Prevention Month and thanked the City Council for the recognition.

A representative from East County NAACP accepted the In Honor of Black History Month proclamation and thanked the City Council for the recognition.

ANTIOCH CITY COUNCIL
Regular Meeting
January 23, 2024 Page 3 of 8

3. ANNOUNCEMENTS OF CIVIC AND COMMUNITY EVENTS

Acting Assistant City Manager Helfenberger announced the following civic and community events:

Antioch Rivertown Community Space Community Design Workshops

Antioch Community Center February 8, 2024
Nick Rodriguez Community Center February 18, 2024

A representative from the Antioch Council of Teens announced the following civic and community events:

Join the Antioch Council of Teens

Make a difference and represent your City Visit us at: antiochca.gov/act. For more information, email: [email protected]
Teen Paint Night 6:00 P.M. 8:00 P.M. on February 9, 2024

PUBLIC COMMENTS

Roderick Coleman encouraged the City to work with property owners to open a detox center and homeless shelter on Delta Fair Blvd.

Nadia King, East County NAACP Council, encouraged the community to register to vote and participate in future elections.

Patricia Granados, Antioch resident, spoke in support of keeping the Amtrak station opened in Antioch and requested Council enact a Just Cause for Eviction Ordinance. She opposed building ADUs for rent. She suggested those guilty of harassment be held accountable.

Addison Peterson thanked Council for acknowledging Dr. Martin Luther King Jr. Day and Thomas Gaines.

Rena Moore discussed unacceptable living conditions at her apartment complex.

CITY COUNCIL COMMITTEE REPORTS/COMMUNICATIONS

Councilmember Torres-Walker reported on a meeting she attended with staff and Mayor Thorpe to discuss gun violence. She encouraged the community to attend the Special City Council meeting on January 30, 2024. She acknowledged the passing of Antioch residents who were victims of domestic violence. She encouraged the community to reflect on how they could increase resources for victims and report incidences of domestic violence.

Councilmember Barbanica reported he had conducted interviews for the Police Oversight Commission vacancies and thanked everyone who participated in the interview process.

ANTIOCH CITY COUNCIL
Regular Meeting
January 23, 2024 Page 4 of 8

Councilmember Ogorchock reported on her attendance at the Cal Cities Policy Committee Meeting. She offered suggestions for Antioch to become an age-friendly city. She reported an Antioch resident was the victim of a hit and run on January 14, 2024, and requested anyone with information regarding this incident, report it to authorities.

Councilmember Wilson thanked the organizations who provided services for the victims of Human Trafficking and encouraged residents to remain aware.

Mayor Thorpe reported on his attendance at the a meeting with Concord Mayor Birsan, Martin Luther King Jr. Day events and the U.S. Conference of Mayors.

4. PRESENTATIONS

Friends of the Library, presented by Walter Ruehlig

Walter Ruehlig, Friends of the Library provided a history of their organization, announced their Book Sale March 7th-9th, and presented a $60,000 donation to Antioch Library Manager Mahasin Aleem.

Ms. Aleem thanked Friends of the Antioch Library, volunteers, and residents who supported the library.

Lieutenant Bittner gave a Community Services Officer PowerPoint presentation.

An unidentified speaker requested a more detailed report on activities performed by Community Services Officers and an introduction to those who served in Antioch.

In response to Councilmember Torres-Walker, Lieutenant Bittner reviewed the duties performed by CSOs as well as their training, evaluation, hiring and complaint processes.

Kristin B. Connelly, Contra Costa County Clerk-Recorder-Registrar gave a 2024 Election Cycle PowerPoint presentation.

Gavin Payton thanked Ms. Connelly for the presentation and encouraged everyone to vote.

Councilmember Torres-Walker stated she would be in contact with Ms. Connelly with regards to her questions about disenfranchised voters and state laws pertaining to individuals on probation and incarcerated.

Mayor Thorpe thanked Ms. Connelly for the presentation and protecting the integrity of voting.

ANTIOCH CITY COUNCIL
Regular Meeting
January 23, 2024 Page 5 of 8

5. CONSENT CALENDAR

A. APPROVAL OF COUNCIL MEETING MINUTES FOR DECEMBER 12, 2023

B. APPROVAL OF COUNCIL MEETING MINUTES FOR JANUARY 9, 2024

C. APPROVAL OF COUNCIL WARRANTS

D. RESOLUTION NO. 2024/07 ACCEPTANCE OF WORK AND NOTICE OF

COMPLETION FOR THE CURB, GUTTER, AND SIDEWALK REPAIR INCLUDING

TREE REMOVAL AND STUMP GRINDING AND INSTALLATION OF CONCRETE CURB RAMPS AT MISCELLANEOUS LOCATIONS 2022/23 (P.W. 507-19)

On motion by Councilmember Ogorchock, seconded by Councilmember Wilson, the City Council unanimously approved the Council Consent Calendar.

PUBLIC HEARING

6. VINEYARD CROSSING PRELIMINARY DEVELOPMENT PLAN (PRE2023-003)

Acting Director of Community Development Scudero introduced Contract Planner Valente, Raney Planning & Management Inc., who presented the staff report dated January 23, 2024, recommending the City Council provide feedback to the applicant and City staff regarding the proposal and provide direction to the applicant for the Final Development Plan submittal.

Mayor Thorpe opened the public hearing.

Kerri Watt, Director of Entitlements / DeNova Homes / Bright Sky gave a Vineyard Crossing Preliminary Development Plan PowerPoint presentation.

Mary Lutz reported that the Planning Commission had opposed this project. She expressed concern for the location, projected rents, and density. She noted the resident renting the larger home would have no input as to who would be renting the Accessory Dwelling Unit (ADU). She commented that not having the ability to purchase the home would result in a lower commitment to maintaining the property. She stated lack of infrastructure was also a concern.

Gavin Payton, NAACP Youth Council, discussed the impact of the project on native species in the area.

Laura Kindsvater, Antioch resident, encouraged the City to ask the developer to include keystone native plants and requested artificial turf be eliminated from the landscape plan.

Devin Williams spoke in opposition to the project and suggested the property be utilized for a tiny home project.

ANTIOCH CITY COUNCIL
Regular Meeting
January 23, 2024 Page 6 of 8

Dr. Kimberly Payten questioned how this project would be affected by the pollution prevention project in Antioch and if infrastructure was sufficient to support these residents.

An unidentified speaker suggested alternatives to the proposed preliminary development plan.

Public comments submitted in writing were entered into the record from the following individuals:

Councilmember Ogorchock supported the developer adding a park to the area. She stated that future applicants should be informed that Council wanted native species in projects. She suggested additional outreach be conducted in the community and a percentage of units be available for senior citizens. She stated the project needed to be more affordable.

In response to Councilmember Wilson, Acting Director of Community Development Scudero commented that staff had required a Homeowners Association (HOA) if the units were sold individually in the future.

Ms. Watt clarified if the project remained rentals there would be no HOA fees because a property management company would be maintaining the property. She noted if all the homes were sold, then the HOA would be put into place.

In response to Councilmember Wilson, Acting Director of Community Development Scudero stated the project would meet storm water filtration requirements. He added that if an entitlement application was submitted, it would go through a thorough environmental review.

Councilmember Wilson spoke in support of incorporating native plant species and expressed concern regarding affordability of the project.

Acting Director of Community Development Scudero responded that the City was limited in their discretion and viewed projects from zoning, general plan and objective design standards. He added that this was a market rate development and the City had no control over rents. He announced that staff was currently drafting an RFP for the inclusionary housing ordinance.

Councilmember Wilson stated she would like to see the inclusionary housing ordinance prior to consideration of this project.

In response to Councilmember Barbanica, Acting Director of Community Development Scudero explained that staff would consult with legal counsel through the entitlement process regarding how to implement an HOA in the event any of the properties sold to ensure the project remained maintained.

Councilmember Barbanica commented that an HOA should begin as soon as one unit is sold.

In response to Councilmember Wilson, Acting Director of Community Development Scudero confirmed that Tri Delta Transit was routed the project and offered the opportunity to comment.

He noted that if the project moved forward to entitlement, it would be rerouted to them.

ANTIOCH CITY COUNCIL
Regular Meeting
January 23, 2024 Page 7 of 8

Councilmember Ogorchock expressed concern regarding lot sizes. She reiterated her concern for the projected rents and her support that a certain percentage be set aside as senior housing.

Acting Director of Community Development Scudero stated that he did not believe the City had discretion to require a senior affordability component without an inclusionary housing ordinance.

He noted if the applicant asked for a development agreement, then discretion would be broadened.

Mayor Thorpe reiterated that these apartments would be market rate housing.

PUBLIC COMMENT

Frank Sterling, Reimagine Antioch, suggested the City adopt a resolution in support of a cease fire.

Tachina Garrett, ACCE Antioch and Devin Williams spoke in support of keeping the Amtrak station in Antioch.

An unidentified speaker spoke in support of building a new Amtrak station in Antioch and investing in infrastructure downtown.

STAFF COMMUNICATIONS

Acting City Manager Reed announced there were employment opportunities in the City of Antioch.

COUNCIL COMMUNICATIONS AND FUTURE AGENDA ITEMS

Councilmember Torres-Walker thanked those who participated in the meeting this evening. In honor of Alexis Parsons, she encouraged everyone to check on their loved ones and connect with an organization committed to preventing domestic violence. She asked for an update on the status of hiring a grant writer. She requested staff agendize consideration of a just cause for evictions ordinance and a resolution in support of a cease fire.

Councilmember Ogorchock requested formation of a Senior Commission or that Parks and Recreation review a Master Plan on Aging in an effort towards Antioch becoming an Age Friendly City. She also suggested looking at grants to support that effort.

Mayor Thorpe clarified that the San Joaquin Joint Power Authority removed the Amtrak station from Antioch with the consent of a former City Manager and without consulting Council. He reported Assemblyman Grayson had started conversations with Amtrak at the federal level regarding this matter. He stated without the Amtrak station, Antioch would not have access to some grant opportunities. He discussed the importance of Antioch hiring a grant writer and noted the matter would be discussed at a future meeting. He announced a Special Workshop would be held at 6:30 P.M. on January 30, 2024, at the Nick Rodrigues Community Center. He noted the workshop would not be televised and encouraged everyone to attend in person.

ANTIOCH CITY COUNCIL
Regular Meeting
January 23, 2024 Page 8 of 8

ADJOURNMENT

On motion by Councilmember Ogorchock, seconded by Councilmember Wilson the City Council unanimously adjourned the meeting at 10:26 P.M.

Respectfully submitted:

Kitty Eiden
KITTY EIDEN, Minutes Clerk

- -2

STAFF REPORT TO THE CITY COUNCIL
DATE:

TO:

SUBMITTED BY:

SUBJECT:

RECOMMENDED ACTION

FISCAL IMPACT

DISCUSSION

ATTACHMENT
2C________________

2D________________

E
Agenda Item #

STAFF REPORT TO THE CITY COUNCIL
DATE: Regular Meeting of February 13, 2024

TO: Honorable Mayor and Members of the City Council
SUBMITTED BY: Thomas Lloyd Smith, City Attorney TLS
SUBJECT: REJECTION OF CLAIMS: MICHAEL J. CLARK AND SUSAN

SHINTAKU

RECOMMENDED ACTION
It is recommended that the City Council reject the claims submitted by Michael J. Clark and Susan Shintaku.

Should the City Council desire to discuss this matter, it would be scheduled for a future closed session.

ATTACHMENTS
None.

F Agenda Item #

STAFF REPORT TO THE CITY COUNCIL
DATE: Regular Meeting of February 13, 2024
TO: Honorable Mayor and Members of the City Council

SUBMITTED BY: Dawn Merchant, Finance Director

APPROVED BY: Kwame P. Reed, Acting City Manager

SUBJECT: City of Antioch Annual Comprehensive Financial Report for the Fiscal Year Ended June 30, 2023

RECOMMENDED ACTION
It is recommended that the City Council receive and file the attached City of Antioch Annual Comprehensive Financial Report for the Fiscal Year Ended June 30, 2023, inclusive of the City of Antioch Single Audit Reports for the Fiscal Year Ended June 30, 2023.

FISCAL IMPACT
There is no fiscal impact associated with this action.

DISCUSSION
As required by State law, the City must publish a complete set of financial statements at the close of each fiscal year audited by a firm of licensed certified public accountants.

This year's annual comprehensive financial report (ACFR) was audited by Badawi & Associates, Certified Public Accountants.

The ACFR also includes a section for the Citys Single Audit Reports as required by the Single Audit Act for governments that expend $750,000 or more on federal awards. The federal awards must be audited to ascertain the effectiveness of the financial management systems and internal procedures that have been established to meet the terms and conditions of the award. The Single Audit reports begin on page 259 of the attached ACFR.

The report includes financial information on the 1% sales tax (Measure W) that became effective April 1, 2019. Ordinance 2148-C-S enacting the 1% sales tax requires that the funds be subject to an independent annual financial audit and include the revenue raised and expended by no later than December 31st of each year. The ACFR was issued December 20, 2023, and information on Measure W can be found in Note 5 of the attached ACFR on page 61.

Antioch City Council Report
February 13, 2024 Agenda Item #F 2
As stated in the Independent Auditor's Report, the financial statements present fairly, in all material respects, the respective financial position of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of Antioch, as of June 30, 2023, and the respective changes in financial position and, where applicable, cash flows thereof for the year then ended in accordance with accounting principles generally accepted in the United States of America.

As further stated in the Independent Auditors Reports for Single Audit, no deficiencies in internal control over financial reporting or compliance considered to be material weaknesses were identified and the City complied, in all material respects, with compliance requirements.

ATTACHMENTS
A. City of Antioch Annual Comprehensive Financial Report for the Fiscal Year Ended June 30, 2023.

CITY OF

CITY OF ANTIOCH, CALIFORNIA

Annual Comprehensive Financial Report
For the Fiscal Year Ended
June 30, 2023

Prepared By
Department of Finance
City of Antioch
Annual Comprehensive Financial Report

Table of Contents

Page

INTRODUCTORY SECTION
Letter of Transmittal .................................................................................................................................................................... i Elected Officials and Administrative Personnel ..................................................................................................................... v Organization of City Government ........................................................................................................................................... vi Location/Area Map .................................................................................................................................................................. vii GFOA Certificate of Achievement for Excellence in Financial Reporting ........................................................................ viii

FINANCIAL SECTION
Independent Auditors Report ................................................................................................................................................. 1

Management Discussion and Analysis .................................................................................................................................. 5 Basic Financial Statements:

Government Wide Financial Statements:

Statement of Net Position .............................................................................................................................................. 20 Statement of Activities ................................................................................................................................................... 22 Fund Financial Statements:

Governmental Fund Financial Statements:

Balance Sheet ............................................................................................................................................................... 29 Reconciliation of the Governmental Funds Balance Sheet
to the Government Wide Statement of Net Position ........................................................................................ 30 Statement of Revenues, Expenditures and Changes
in Fund Balances ...................................................................................................................................................... 31 Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Government- Wide Statement of Activities - Governmental Activities .............................................................................................. 32

Proprietary Fund Financial Statements:

Statement of Net Position .......................................................................................................................................... 36 Statement of Revenues, Expenses and Changes in Net Position .......................................................................... 38 Statement of Cash Flows ............................................................................................................................................ 40

Fiduciary Fund Financial Statements:

Statement of Fiduciary Net Position ......................................................................................................................... 47 Statement of Changes in Fiduciary Net Position .................................................................................................... 48

Notes to Basic Financial Statements .............................................................................................................................. 49

City of Antioch
Annual Comprehensive Financial Report

Table of Contents

Page
FINANCIAL SECTION, Continued
Required Supplemental Information:

Budgetary Comparison Schedule
Schedule of Revenues and Transfers In - General Fund ........................................................................................... 107 Schedule of Expenditures and Transfers Out - General Fund ................................................................................. 109 Special Revenue Fund American Rescue Plan ........................................................................................................ 111

Miscellaneous Employees Retirement System,
an Agent Multiple-Employer Defined Benefit Pension Plan Schedule of Changes in the Net Pension Liability and Related Ratios ................................................................. 112 Schedule of Contributions .............................................................................................................................................. 115

Public Safety Employees Retirement System,
Cost-Sharing Multiple-Employer Defined Benefit Pension Plan Schedule of the Citys Proportionate Share of
the Net Pension liability .............................................................................................................................................. 116 Schedule of Contributions .............................................................................................................................................. 117

Supplementary Retirement Plan
Schedule of Changes in the Net Pension Liability and Related Ratios ................................................................. 118 Schedule of Contributions ........................................................................................................................................... 120

California Employers Retiree Benefit Trust
Schedule of Changes in the Net OPEB Liability and Related Ratios Management Plan ..................................................................................................................................................... 122 Schedule of Changes in the Net OPEB Liability and Related Ratios Miscellaneous Plan ................................................................................................................................................... 124 Schedule of Changes in the Net OPEB Liability and Related Ratios Police Plan .................................................................................................................................................................. 126 Schedule of Contributions Management Plan ....................................................................................................... 128 Schedule of Contributions Miscellaneous Plan ..................................................................................................... 130 Schedule of Contributions Police Plan .................................................................................................................... 132

Supplemental Information:

Non-Major Governmental Funds:

Combining Balance Sheet ................................................................................................................................................ 136 Combining Statement of Revenues, Expenditures
and Changes in Fund Balances ................................................................................................................................... 138

Non-Major Special Revenue Funds:

Combining Balance Sheet ................................................................................................................................................ 144 Combining Statement of Revenues, Expenditures
and Changes in Fund Balances ................................................................................................................................... 162 City of Antioch
Annual Comprehensive Financial Report

Table of Contents

Page
FINANCIAL SECTION, Continued
Supplemental Information, Continued
Budgetary Comparison Schedule:

Delta Fair Property Special Revenue Fund ............................................................................................................... 171 Housing and Community Development Special Revenue Fund ........................................................................... 172 Housing Successor Fund ........................................................................................................................................... 173 RMRA Special Revenue Fund ..................................................................................................................................... 174 Gas Tax Special Revenue Fund ................................................................................................................................... 175 Recreation Programs Special Revenue Fund ............................................................................................................ 176 Animal Services Special Revenue Fund .................................................................................................................... 177 Civic Arts Special Revenue Fund ............................................................................................................................... 178 Park in Lieu Special Revenue Fund ........................................................................................................................... 179 Senior Bus Special Revenue Fund .............................................................................................................................. 180 Abandoned Vehicle Special Revenue Fund .............................................................................................................. 181 Traffic Signal Fee Special Revenue Fund .................................................................................................................. 182 Asset Forfeitures Special Revenue Fund ................................................................................................................... 183 Measure J Growth Management Program .............................................................................................................. 184 Child Care Special Revenue Fund .............................................................................................................................. 185 Tidelands Assembly Bill-1900 Special Revenue Fund ............................................................................................. 186 Lighting & Landscape District Special Revenue Fund ............................................................................................ 187 Park 1A Maintenance District Special Revenue Fund ............................................................................................. 188 Solid Waste Reduction AB 939 Special Revenue Fund ........................................................................................... 189 Pollution Elimination Special Revenue Fund ........................................................................................................... 190 Supplemental Law Enforcement Special Revenue Fund ........................................................................................ 191 Street Impact Special Revenue Fund ......................................................................................................................... 192 Traffic Safety Special Revenue Fund ......................................................................................................................... 193 PEG Franchise Fee Special Revenue Fund ................................................................................................................ 194 SB1186 Disability Access Special Revenue Fund ..................................................................................................... 195 East Lone Tree Benefit District Special Revenue Fund ............................................................................................ 196 Kaiser Public Facility Benefit District Special Revenue Fund ................................................................................ 197 Opioid Settlements Special Revenue Fund ............................................................................................................... 198 CalVIP Grant Special Revenue Fund ......................................................................................................................... 199 Storm Damage Special Revenue Fund....................................................................................................................... 200 CFD 2016-01 Police Protection Special Revenue Fund ........................................................................................... 201 CFD 2018-01 Public Services Special Revenue Fund ............................................................................................. 202 CFD 2018-02 Police Protection Special Revenue Fund .......................................................................................... 203 CFD 2022-01 Public Services Special Revenue Fund ............................................................................................... 204 Post Retirement Medical Special Revenue Fund ...................................................................................................... 205 Non-Major Debt Service Funds:

Combining Balance Sheet ................................................................................................................................................ 209 Combining Statement of Revenues, Expenditures and Changes in Fund Balances ............................................... 210 Budgetary Comparison Schedule:

ABAG/2015 Lease Revenue Debt Service Fund ...................................................................................................... 211 City of Antioch
Annual Comprehensive Financial Report

Table of Contents

Page
FINANCIAL SECTION, Continued
Supplemental Information, Continued
Non-Major Capital Projects Funds:

Budgetary Comparison Schedule:

Capital Improvement Capital Projects Fund ............................................................................................................ 218 Prewett Community Park Capital Projects Fund ..................................................................................................... 219 Hillcrest District #26 Capital Projects Fund .............................................................................................................. 220 Lone Diamond Capital Projects Fund ........................................................................................................................ 221 Hillcrest Bridge District Capital Projects Fund ........................................................................................................ 222 Residential Development Allocation Capital Projects Fund .................................................................................. 223 Development Impact Fee Capital Projects Fund ..................................................................................................... 224

Internal Service Funds:

Combining Statement of Net Position ....................................................................................................................... 227 Combining Statement of Revenues, Expenses and Changes in Net Position ...................................................... 228 Combining Statement of Cash Flows ......................................................................................................................... 229

Custodial Funds:

Combining Statement of Fiduciary Net Position ..................................................................................................... 233 Combining Statement of Changes in Fiduciary Net Position ................................................................................. 234

STATISTICAL SECTION (Unaudited)
Net Position by Component Last Ten Fiscal Years ...................................................................................................... 239 Changes in Net Position Last Ten Fiscal Years ............................................................................................................. 240 Fund Balances of Governmental Funds Last Ten Fiscal Years ................................................................................... 242 Changes in Fund Balances of Governmental Funds Last Ten Fiscal Years .............................................................. 243 Governmental Activities Tax Revenues by Source Last Ten Fiscal Years ................................................................ 244 Assessed Value and Estimated Actual Value of Taxable Property Last Ten Fiscal Years ...................................... 245 Principal Property Taxpayers FY 2022-23 Compared to FY 2013-14 ............................................................................ 246 Property Tax Rates............................................................................................................................................................... 247 Property Tax Levies and Collections Last Ten Fiscal Years ........................................................................................ 248 Ratios of Outstanding Debt by Type Last Ten Fiscal Years ........................................................................................ 249 Ratios of General Bonded Debt Outstanding .................................................................................................................. 250 Legal Debt Margin Information Last Ten Fiscal Years ................................................................................................ 251 Pledged-Revenue Coverage Last Ten Fiscal Years ...................................................................................................... 252 Direct and Overlapping Debt ............................................................................................................................................. 253 Demographic and Economic Statistics Last Ten Fiscal Years ..................................................................................... 254 Principal Employers Current Year and Nine Years Ago ............................................................................................. 255 Operating Indicators by Function Last Ten Fiscal Years ............................................................................................. 256 Full Time City Employees by Function Last Ten Fiscal Years .................................................................................... 257 Capital Asset Statistics by Function Last Ten Fiscal Years ......................................................................................... 258

City of Antioch
Annual Comprehensive Financial Report

Table of Contents

Page

SINGLE AUDIT SECTION
Independent Auditors Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards .............................................................................. 261

Independent Auditors Report on Compliance for Each
Major Program and on Internal Control over Compliance
Required by the Uniform Guidance ............................................................................................................................... 263

Schedule of Expenditures of Federal Awards ..................................................................................................................... 266

Notes to Schedule of Expenditures of Federal Awards ..................................................................................................... 267

Schedule of Findings and Questioned Costs ....................................................................................................................... 268

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OFFICE OF

THE CITY MANAGER

LETTER OF TRANSMITTAL
DATE: December , 2023
TO: Honorable Mayor, City Council, and Citizens of the City of Antioch FROM: Kwame P. Reed, Acting City Manager and Dawn Merchant, Finance Director SUBJECT: 2023 Annual Comprehensive Financial Report (ACFR) State law requires that every general-purpose local government publish a complete set of audited financial statements within six months of the close of each fiscal year. This report is published to fulfill that requirement for the fiscal year ended June 30, 2023.

Management assumes full responsibility for the completeness and reliability of the information contained in this report, based upon a comprehensive framework of internal control that it has established for this purpose. Because the cost of internal control should not exceed anticipated benefits, the objective is to provide reasonable, rather than absolute, assurance that the financial statements are free of any material misstatements.

Badawi & Associates, Certified Public Accountants, has issued an unmodified (clean) opinion of the City of Antiochs financial statements for the year ended June 30, 2023. The independent auditors report is presented as the first component of the financial section of this report.

Managements discussion and analysis (MD&A) immediately follows the independent auditors report and provides a narrative introduction, overview, and analysis of the basic financial statements. MD&A complements this letter of transmittal and should be read in conjunction with it.

Profile of the Government
Incorporated in 1872, the City of Antioch is located in the western part of the state and is the second largest city in Contra Costa County by population. California State Highway 4, connecting San Francisco-Oakland with Stockton and Central Valley points, bisects the City.

Connecting with this freeway east of Antioch is State Highway 160, which runs north to Sacramento across the Nejedly Bridge and offers access to Solano County and the Sacramento area. The City of Antioch currently occupies a land area of approximately 29 square miles and serves a population of about 115,442 residents. The City of Antioch receives property taxes levied on real and personal properties located within its boundaries. It also is empowered by state statute to extend its corporate limits by annexation, which it has done from time-to-time.

The City of Antioch has operated under the Council-Manager form of government since 1872.

Policy-making and legislative authority are vested in a City Council consisting of the Mayor and four other Council members. The four Council members are typically elected to four-year overlapping terms. The Mayor, who sits on the Council, is elected directly by the people and serves a term of four years. The City Clerk and City Treasurer are also elected for terms of four years.

In May of 2018, the City Council enacted section 2-1.303 of Title 2 of the Antioch Municipal Code which established a By-District system for electing members of the City Council. The City Council also adopted the City of Antioch District Map which was updated in 2022. The Mayor was subsequently elected at-large and City Council Members were elected by District in November 2020. The Mayor and Council Members in Districts Nos. 2 and 3 terms expire in 2024. Council Members in District Nos. 1 and 4 terms expire in 2026.

The City Council is responsible for, among other duties, passing ordinances, adopting the budget, appointing committees, and hiring both the City Manager and City Attorney.

Antiochs City Manager is responsible for carrying out the policies and ordinances of the City Council and all management functions of the City, including the budget, delivery of services, hiring of all Department Directors and implementation of capital projects.

The City of Antioch provides a wide range of municipal services, including police protection; recreational activities; community and economic development; street improvements and maintenance services; parks maintenance; water production and distribution; sewer collection; general administrative and support services. The City does not provide fire services or sewer treatment as they are delivered by Contra Costa County Fire Protection Services and Delta Diablo.

The two-year budget serves as the foundation for the City of Antiochs financial planning and control. All departments of the City of Antioch are required to submit requests for appropriations to the City Manager. The City Manager uses these requests as the starting point for developing a proposed budget. The City Manager then presents the proposed budget to the City Council for review prior to June 30. The City Council is required to hold public hearings on the proposed budget and to adopt a final budget by no later than June 30, the close of the City of Antiochs fiscal year. At mid-period of the budget cycle, the City Council reviews the budget and makes adjustments as needed to the appropriations.

The appropriated budget is prepared by fund, function and department. Department managers may make transfers of appropriations within a department. The level of budgetary control, that is, the level at which expenditures cannot legally exceed the appropriated amount, is established at the individual fund level. Expenditures above the appropriated amount require special approval of the City Council.

Local economy: The fiscal year ending June 30, 2023, still showed signs of recovering from the COVID-19 pandemic. While the federal government worked hard over the previous years of providing an influx of funds to families, small businesses, and local governments, many businesses had not caught up with materials due to supply chain issues and a lack of materials.

This was evident in several of the car dealerships based in Antioch not having inventories at pre-pandemic levels.

Fiscal year ended June 30, 2023 is the fourth complete revenue cycle for Measure W which was passed by roughly 64% of Antioch voters in November of 2018. Measure W increased the half- cent sales tax to one full cent and was estimated to annually generate $15M over a twenty-year time horizon. Actual revenues received during the fiscal year amounted to $20,301,245. These funds have made a number of the Citys program elements financially possible, including substantive improvement of service levels and staffing to enhance City services.

Overall construction activity continued to signal a strong economy during the period. Compared to the prior fiscal year, the total number of issued building permits increased by 85 for a total of 4,358 permits. Demand for residential construction decreased over the last 12 months with 372 single family residential permits issued compared to 534 permits the prior year. Residential construction is anticipated to remain steady in 2024 due to inflation and rising interest rates. 400 single family residential permits and 80 multi-family residential permits are estimated in the next fiscal year.

California is currently experiencing and expects to see future droughts which may be longer and more severe. The $110 million Brackish Water Desalination Plant was awarded for construction in December 2020. The project, which is scheduled to be completed and online in early 2024, will deliver 6 million gallons per day of a high quality, reliable, affordable and drought-proof water supply. This source of drought-proof water supply will not only benefit Antioch residents and businesses, but new customers and industry that depend on an uninterrupted quality source of water.

Funding for the Brackish Water Desalination Plant comes from a variety of sources including a $55M loan from the State Water Resources Control Board and a $27M settlement with the Department of Water Resources. The settlement is based on the fiscal impact of the State Water Project on the City of Antioch. Antioch annually submits a request for reimbursement from the Department of Water Resources to reimburse a portion of the cost for purchasing raw water from Contra Costa Water District. The final payment under this reimbursement agreement was billed for in FY23 under the terms of the $27M settlement.

Antioch is where opportunity lives. It is one of the last places in the Bay Area where starting or expanding a business is within reasonable reach and housing is relatively affordable.

Antioch is centrally located within all of Northern California. It is one of the few places in the region that has 17 counties within a 60-mile radius. The Citys natural geography encompasses miles of waterfront with every type of development opportunity. Antiochs greatest strength is a vibrant and diverse community well positioned for our bright future.

Awards and Acknowledgements
The Government Finance Officers Association of the United States and Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to the City of Antioch for its annual comprehensive financial report (ACFR) for the fiscal year ended June 30, 2022; this was the thirty second consecutive year that our government has received this prestigious award. In order to be awarded a Certificate of Achievement, a government must publish an easily readable and efficiently organized ACFR report. This report must satisfy both generally accepted accounting principles and applicable legal requirements.

A Certificate of Achievement is valid for a period of one year only. We believe that our current ACFR continues to meet the Certificate of Achievement Programs requirements and we are submitting it to the GFOA to determine its eligibility for another certificate.

The preparation of this report would not have been possible without the talent and dedication of Antioch Finance Department team, particularly Dawn Merchant and Josephine Castro.

Credit also must be given to the Mayor and the City Council for their unwavering commitment to the highest standards of professionalism in the financial management of the City of Antioch.

Respectfully submitted,

CITY OF ANTIOCH

ANNUAL COMPREHENSIVE FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED JUNE 30, 2023

ELECTED OFFICIALS AND

ADMINISTRATIVE PERSONNEL
JUNE 30, 2023

ELECTED OFFICIALS
Lamar Thorpe, Mayor
Tamisha Torres-Walker, Mayor Pro-Tem (District 1)
Michael Barbanica, Council Member District 2
Lori Ogorchock, Council Member District 3
Monica E. Wilson, Council Member District 4
Lauren Posada, City Treasurer
Elizabeth Householder, City Clerk

ADMINISTRATIVE PERSONNEL
Acting City Manager Kwame P. Reed
City Attorney Thomas Lloyd Smith
Acting Chief of Police Joseph Vigil
Acting Community Development Director Kevin Scudero
Finance Director Dawn Merchant
Human Resources Director
Parks & Recreation Director
Ana Cortez
Bradley Helfenberger
Information Services Director
Economic Development Director
Acting Public Works Director/City Engineer
Alan Barton
Kwame P. Reed
Scott Buenting
Public Safety and Community Resources Director Tasha Johnson City of Antioch
Third & H Streets, P.O. Box 5007
Antioch, California 94531-5007
www.antiochca.gov
City of Antioch-Organization of City Government
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INDEPENDENT AUDITORS REPORT

To the Honorable Mayor and Members of the City Council
of the City of Antioch
Antioch, California
Report on the Audit of the Financial Statements
Opinions
We have audited the accompanying financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of Antioch, California (City), as of and for the year ended June 30, 2023, and the related notes to the financial statements, which collectively comprise the Citys basic financial statements as listed in the table of contents.

In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City as of June 30, 2023, and the respective changes in financial position, and, where applicable, cash flows thereof for the year then ended in accordance with accounting principles generally accepted in the United States of America.

Basis for Opinions
We conducted our audit in accordance with auditing standards generally accepted in the United States of America (GAAS) and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Our responsibilities under those standards are further described in the Auditors Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the City and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.

Responsibilities of Management for the Financial Statements The Citys management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America, and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the Citys ability to continue as a going concern for twelve months beyond the financial statement date, including any currently known information that may raise substantial doubt shortly thereafter.

Auditor Responsibilities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors report that includes our opinions. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS will always detect a material misstatement To the Honorable Mayor and Members of the City Council
of the City of Antioch
Antioch, California

Page 2 ends

when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements.

In performing an audit in accordance with GAAS, we:
Exercise professional judgment and maintain professional skepticism throughout the audit. Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Citys internal control. Accordingly, no such opinion is expressed.
Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.
Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about Citys ability to continue as a going concern for a reasonable period of time.

We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal controlrelated matters that we identified during the audit.

Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the managements discussion and analysis, pension required supplementary information, other post-employment benefit plans required supplementary information, and budgetary comparison information on pages 516 and 107-134 be presented to supplement the basic financial statements. Such information is the responsibility of management and, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with managements responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.

2 To the Honorable Mayor and Members of the City Council of the City of Antioch
Antioch, California

Page 3 ends

Supplementary Information
Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the Citys basic financial statements. The combining and individual nonmajor fund financial statements, budget comparison information for non-major governmental funds, and schedule of expenditures of federal awards, as required by Title 2 U.S. Code of Federal Regulations, Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards are presented for purposes of additional analysis and are not a required part of the basic financial statements.

The combining and individual nonmajor fund financial statements, budget comparison information for non- major governmental funds, and the schedule of expenditures of federal awards are the responsibility of management and were derived from and relate directly to the underlying accounting and other records used to prepare the basic financial statements. Such information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the combining and individual nonmajor fund financial statements, budget comparison information for non- major governmental funds, and the schedule of expenditures of federal awards are fairly stated, in all material respects, in relation to the basic financial statements as a whole.

Other Information Included in the Annual Comprehensive Financial Report Management is responsible for the other information included in the Annual Comprehensive Financial Report. The other information comprises the introductory and statistical sections but does not include the financial statements and our auditor's report thereon. Our opinions on the financial statements do not cover the other information, and we do not express an opinion or any form of assurance thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and consider whether a material inconsistency exists between the other information and the financial statements, or the other information otherwise appears to be materially misstated. If, based on the work performed, we conclude that an uncorrected material misstatement of the other information exists, we are required to describe it in our report.

Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated December 20, 2023 on our consideration of Citys internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering Citys internal control over financial reporting and compliance.

Badawi & Associates, CPAs
Berkeley, California
December 20, 2023
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4 City of Antioch
Managements Discussion and Analysis
For the year ended June 30, 2023

As management of the City of Antioch, we offer readers of the City of Antiochs financial statements this narrative overview and analysis of the financial activities of the City of Antioch for the fiscal year ended June 30, 2023. We encourage readers to consider the information presented here in conjunction with additional information that we have furnished in our letter of transmittal, which can be found on pages i-iv of this report.

Financial Highlights
The assets and deferred outflows of resources of the City of Antioch exceeded its liabilities and deferred inflows at the close of the most recent fiscal year by $635,207,594 (net position). Of this amount, $84,693,384 (unrestricted) may be used to meet the governments ongoing obligations to citizens and creditors. The amount is negative in governmental activities due to recognition of pension and OPEB liabilities for governmental activities. Deferred outflows of resources increased by $23,497,097 for governmental activities and increased by $2,957,526 for business-type activities due to pension and OPEB obligation activity for the fiscal year. Deferred inflows of resources decreased by $36,071,789 for governmental activities and $5,896,401 for business type activities due to pension and OPEB obligations.

The governments total net position increased by $41,014,965. This was due mainly to an increase in sales tax, investment income and capital and operating grants and contributions in both primary government and business-type activities.

As of the close of the current fiscal year, the City of Antiochs governmental funds reported ending fund balances of $151,167,146, an increase of $19,169,349 in comparison with the prior year.

At the end of the current fiscal year, unassigned fund balance for the General Fund was $29,039,268 or 37% of total General Fund expenditures, and 33% of total General Fund revenues.

The City of Antiochs current and other assets increased by $19,899,197. This was mainly due to three factors: an increase in cash and investments from increased investment earnings, increased property taxes, and capital and operating contributions in both governmental and business-type activities.

The City of Antiochs current and other liabilities increased a total of $3,630,228 mainly due to an increase in accounts payable and accrued payroll for both governmental and business-type activities.

The City of Antioch's total long-term obligations for governmental activities increased by $2,559,394 due to the net effect debt service payments coupled with the addition of subscription based technology agreement (SBITA) liabilities being recognized with the implementation of GASB 96 in the fiscal year and total long- term obligations for business-type activities increased by $33,709,806 due to the net of new direct borrowing for the Citys Brackish Water project, addition of SBITA liabilities under GASB 96 and debt service payments.

The net pension liability for governmental activities increased by $46,767,013 and $8,042,983 for business type activities due to a reduction of the discount rate to measure liabilities being used and investment losses experienced in the CalPERS portfolio.

The net OPEB liability for governmental activities increased $2,124,659 and increased $533,030 for business type activities due to investment losses experienced in the portfolio.

Overview of the Financial Statements
This discussion and analysis is intended to serve as an introduction to the City of Antiochs basic financial statements. The City of Antiochs basic financial statements comprise three components: 1) government-wide financial statements, 2) fund financial statements, and 3) notes to the financial statements. This report also contains other supplementary information in addition to the basic financial statements themselves.

Government-wide financial statements. The government-wide financial statements are designed to provide readers with a broad overview of the City of Antiochs finances, in a manner similar to a private-sector business. 5 City of Antioch
Managements Discussion and Analysis
For the year ended June 30, 2023

The statement of net position presents information on all of the City of Antiochs assets, deferred outflows of resources, liabilities, and deferred inflows of resources, with the difference between them reported as net position.

Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the City of Antioch is improving or deteriorating.

The statement of activities presents information showing how the governments net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in future fiscal periods (e.g., uncollected taxes and earned but unused vacation leave).

Both of the government-wide financial statements distinguish functions of the City of Antioch that are principally supported by taxes and intergovernmental revenues (governmental activities) from other functions that are intended to recover all or a significant portion of their costs through user fees and charges (business-type activities).

The governmental activities of the City of Antioch include general government, public works, public safety, parks and recreation and community development. The business-type activities of the City of Antioch include water and sewer utilities, and a marina.

The government-wide financial statements include not only the City of Antioch itself (known as the primary government), but also a legally separate public financing authority. Financial information for this component unit is blended with the financial information presented for the primary government itself. The government-wide financial statements can be found on pages 20-23 of this report.

Fund financial statements. A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The City of Antioch, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements.

All of the funds of the City of Antioch can be divided into three categories: governmental funds, proprietary funds, and fiduciary funds.

Governmental funds. Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government-wide financial statements, governmental funds financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a governments near-term financing requirements.

Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the governments near-term financing decisions. Both the governmental funds balance sheet and the governmental funds statement of revenues, expenditures, and changes in fund balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities.

The City of Antioch maintains seventy-seven individual funds, some combined for reporting purposes.

Information is presented separately in the governmental funds balance sheet and in the governmental funds statement of revenues, expenditures, and changes in fund balances for the General Fund and American Rescue Plan Special Revenue Fund, which are considered to be major funds. Data from the other governmental funds are combined into a single, aggregated presentation. Individual fund data for each of these non-major governmental funds is provided in the form of combining statements elsewhere in this report.

The governmental fund financial statements can be found on pages 29-32 of this report. 6 City of Antioch
Managements Discussion and Analysis
For the year ended June 30, 2023

The City of Antioch adopts an annual appropriated budget for all its funds except Custodial type. A budgetary comparison schedule has been provided for the General Fund to demonstrate compliance with this budget.

Proprietary funds. The City of Antioch maintains two different types of proprietary funds. Enterprise funds are used to report the same functions presented as business-type activities in the government-wide financial statements. The City of Antioch uses enterprise funds to account for its Water, Sewer, and Marina funds. Internal service funds are an accounting device used to accumulate and allocate costs internally among the City of Antiochs various functions. The City of Antioch uses internal service funds to account for its vehicle repair and replacement, office equipment replacement, and loss control functions. Because all of these services predominantly benefit governmental rather than business-type functions, they have been included within governmental activities in the government-wide financial statements.

Proprietary funds provide the same type of information as the government-wide financial statements, only in more detail. The proprietary fund financial statements provide separate information for the Water, Sewer, and Marina funds. The Water, Sewer, and Marina funds are considered to be major funds of the City of Antioch. All internal service funds are combined into a single, aggregated presentation in the proprietary fund financial statements.

Individual fund data for the internal service funds is provided in the form of combining statements elsewhere in this report.

The proprietary fund financial statements can be found on pages 36-41 of this report.

Fiduciary funds. Fiduciary funds are used to account for resources held for the benefit of parties outside the government. Fiduciary funds are not reflected in the government-wide financial statements because the resources of those funds are not available to support the City of Antiochs own programs. The accounting used for fiduciary funds is much like that used for proprietary funds.

The fiduciary fund financial statements can be found on page 47-48 of this report.

Notes to the basic financial statements. The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements. The notes to the financial statements can be found on pages 49-103 of this report.

Government-wide Financial Analysis
As noted earlier, net position may serve over time as a useful indicator of a governments financial position. In the case of the City of Antioch, assets exceeded liabilities by $635,207,594 at the close of the most recent fiscal year.

By far the largest portion of the City of Antiochs net position (76%) reflects its investment in capital assets (e.g., infrastructure (including water and sewer pipes), land, structures and improvements and equipment), less any related debt and other obligations used to acquire those assets that are still outstanding. The City of Antioch uses these capital assets to provide services to citizens; consequently, these assets are not available for future spending.

Although the City of Antiochs investment in its capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources since the capital assets themselves cannot be used to liquidate these liabilities.
7 City of Antioch
Managements Discussion and Analysis
For the year ended June 30, 2023

2023 2022 2023 2022 2023 2022Current and other assets 219,246,466$ 196,360,006$ 116,849,045$ 119,836,308$ 336,095,511$ 316,196,314$ Capital assets 301,459,660 299,733,525 244,557,951 195,941,298 546,017,611 495,674,823 Total assets 520,706,126 496,093,531 361,406,996 315,777,606 882,113,122 811,871,137 Deferred outflows of resources 51,465,590 27,968,493 5,733,583 2,776,057 57,199,173 30,744,550 Current liabilities 46,024,255 43,893,317 14,241,392 12,742,102 60,265,647 56,635,419 Noncurrent liabilities149,114,068 97,663,002 69,265,701 26,979,882 218,379,769 124,642,884 Total liabilities 195,138,323 141,556,319 83,507,093 39,721,984 278,645,416 181,278,303 Deferred inflows of resources 23,724,074 59,795,863 1,735,211 7,631,612 25,459,285 67,427,475 Net position:Net investment in capital assets293,411,572 296,361,534 190,328,483 175,880,913 483,740,055 472,242,447 Restricted66,774,155 55,955,053 - - 66,774,155 55,955,053 Unrestricted(6,876,408) (29,606,745) 91,569,792 95,319,154 84,693,384 65,712,409 Total net position 353,309,319$ 322,709,842$ 281,898,275$ 271,200,067$ 635,207,594$ 593,909,909$ Governmental Activities Business-type Activities TOTAL

An additional portion of the City of Antiochs net position (11%) represents resources that are subject to external restrictions on how they may be used. The remaining balance of unrestricted net position, $84,693,384, may be used to meet the governments ongoing obligations to citizens and creditors. The amount related to governmental activities is negative in the amount of ($6,876,408) due to GASB Statement Nos. 68 and 75 requiring the recognition of the Citys net pension and OPEB liabilities.

The governments total net position increased by $41,014,965. Of this, $30,599,477 represents an increase in governmental activities due mainly to increased property tax, investment income and operating and capital grants and contributions. Major factors to the increase of $10,415,488 in net position of business type activities was due to capital grants and contributions and an increase in investment income. At the end of the current fiscal year, the City of Antioch is able to report positive balances in two categories of net position, for the government as a whole, and all three categories for its business-type activities.

Under GASB 68, the City recognizes deferred outflows of resources, deferred inflows of resources, pension expense and net pension liability for the Miscellaneous and Safety pension plans administered through the California Public Employees Retirement System (CalPERS) and a Police Supplementary Retirement plan administered through the Public Agency Retirement System (PARS). Pension liabilities have created a negative balance of unrestricted net position for governmental activities with the recognition of $116,022,822 in net pension liability for governmental activities. Proprietary funds have recognized $20,180,783 in net pension liability.

Under GASB 75, the City recognizes deferred outflows of resources, deferred inflows of resources, OPEB expense and net OPEB liability for the Management, Miscellaneous and Police OPEB plans of the City administered through the California Employees Retirement Benefit Trust (CERBT). The trust is a Section 115 Trust set up for the purpose of receiving employer contributions that will prefund other post-employment benefit costs for retirees and their beneficiaries. The City only provides health reimbursement. OPEB liabilities have contributed to the negative balance of unrestricted net position for governmental activities with the recognition of $23,459,747 in net OPEB liability for governmental activities. Proprietary funds have recognized $956,817 in net OPEB liability. 8 City of Antioch
Managements Discussion and Analysis
For the year ended June 30, 2023

Under GASB 87, which the City implemented in fiscal year 2022, the City recognizes deferred inflows of resources related to leases. Governmental activities recognized $5,591,009 in lease receivables with $5,383,782 in related deferred inflows, while business-type activities recognized no leases with a reduction of $191,891 in leases receivable and reduction of $176,084 in deferred inflows due to a terminated lease during fiscal year 2023.

Current and other assets increased by $19,899,197 primarily due to increases in cash and investment balances. Cash and investment balances increased mainly due to increased property taxes, investment income, and business license taxes in the General Fund and an increase of monies received from other agencies during the year.

Current and other liabilities increased by $3,630,228 due mainly to an increase in accounts payable for capital projects and an increase in accrued payroll.

Deferred outflows of resources increased $26,454,623 and deferred inflows decreased $41,968,190 due to pension, OPEB and lease obligation activity.

Long-term obligations increased by $36,269,200 due mainly to the funding draw of a construction loan for the Citys Brackish Water project netted with scheduled debt service payments.

Governmental and Business-Type Activities. Governmental activities increased the City of Antiochs net position by $30,599,477. There was an increase of $10,415,488 in net position reported in connection with the City of Antioch's business-type activities.
2023 2022 2023 2022 2023 2022
Revenue:

Program revenues:

Charges for services 19,702,406$ 22,253,175$ 48,304,622$ 49,421,031$ 68,007,028$ 71,674,206$ Operating grants and contributions 17,384,082 13,702,912 7,272 1,366,101 17,391,354 15,069,013 Capital grants and contributions 3,526,445 - 9,127,856 32,337,366 12,654,301 32,337,366 General revenues:

Property tax 26,387,877 24,158,192 - - 26,387,877 24,158,192 Sales tax 39,486,989 39,437,793 - - 39,486,989 39,437,793 Franchise 8,041,777 7,228,917 - - 8,041,777 7,228,917 Other 10,881,081 7,379,107 1,624,498 160,792 12,505,579 7,539,899 Total revenues 125,410,657 114,160,096 59,064,248 83,285,290 184,474,905 197,445,386 Expenses:

General government 14,634,348 12,118,504 - - 14,634,348 12,118,504 Public works 23,806,410 20,289,701 - - 23,806,410 20,289,701 Public safety 44,682,366 44,973,511 - - 44,682,366 44,973,511 Parks and recreation 6,382,023 9,026,737 - - 6,382,023 9,026,737 Community development 5,234,660 5,973,893 - - 5,234,660 5,973,893 Interest on long-term debt 115,731 95,869 - - 115,731 95,869 Water - - 37,844,142 36,271,600 37,844,142 36,271,600 Sewer - - 9,236,472 7,330,810 9,236,472 7,330,810 Marina - - 1,523,788 1,056,357 1,523,788 1,056,357 Total expenses 94,855,538 92,478,215 48,604,402 44,658,767 143,459,940 137,136,982 Increase in net position-before transfers 30,555,119 21,681,881 10,459,846 38,626,523 41,014,965 60,308,404 Transfers 44,358 8,036 (44,358) (8,036) - - Increase (decrease) in net position 30,599,477 21,689,917 10,415,488 38,618,487 41,014,965 60,308,404 Net position, as restated - July 1 322,709,842 301,019,925 271,482,787 232,581,580 594,192,629 533,601,505 Net position - June 30 353,309,319$ 322,709,842$ 281,898,275$ 271,200,067$ 635,207,594$ 593,909,909$

CHANGE IN NET POSITION
Governmental Activities Business-type Activities TOTAL

9 City of Antioch
Managements Discussion and Analysis
For the year ended June 30, 2023

Governmental activities. The cost of all governmental activities this year was $94,855,538. Net expenses, as shown in the Statement of Activities, were $54,242,605. General revenues and transfers were $84,842,082 resulting in an increase of net position of $30,599,477. The increase in net position was mainly attributable to an increase in property tax, investment income and operating and capital grants.

Business-type activities. The cost of all business-type activities this year was $48,604,402. Charges for services and grants resulted in net revenues of $8,835,348 as shown on the Statement of Activities. This net revenue coupled with general revenues and transfers of $1,580,140 resulted in an increase of net position of $10,415,488. The increase in net position was mainly attributable to an increase in capital grants and contributions related to the Brackish Water Desalination project.

$0
$5,000,000
$10,000,000
$15,000,000
$20,000,000
$25,000,000
$30,000,000
$35,000,000
$40,000,000
$45,000,000
General
government
Public works Public safety Parks and
recreation
Community
development
Interes on
longterm
liabilities
Expenses and Program RevenuesGovernmental Activities
Expenses Revenues
$0
$5,000,000
$10,000,000
$15,000,000
$20,000,000
$25,000,000
$30,000,000
$35,000,000
$40,000,000
$45,000,000
$50,000,000
Water Sewer Marina
Expenses and Program RevenuesBusinessType Activities
Expenses Revenues
10 City of Antioch
Managements Discussion and Analysis
For the year ended June 30, 2023

Financial Analysis of the Governments Funds
As noted earlier, the City of Antioch uses fund accounting to ensure and demonstrate compliance with finance- related legal requirements.

Governmental funds. The focus of the City of Antiochs governmental funds is to provide information on near-term inflows, outflows, and balances of spendable resources. Such information is useful in assessing the City of Antiochs financing requirements. In particular, unassigned fund balance may serve as a useful measure of a governments net resources available for spending at the end of the fiscal year.

As of the end of the current fiscal year, the City of Antiochs governmental funds reported combined ending fund balances of $151,167,146, an increase of $19,169,349 in comparison with the prior year. About 19% of this total amount, $28,301,577, constitutes unassigned fund balance, which is available for spending at the governments discretion. The remainder of fund balance is segregated into the following components: 1) nonspendable to indicate that it is not available for new spending because of its form ($330,625) 2) restricted to indicate restrictions on use imposed by external parties, including enabling legislation ($61,217,046) 3) committed to indicate restrictions on use as approved by the City Council ($9,379,816), or 4) assigned for a variety of other purposes ($51,938,082).

The following table presents the amount of revenues from various sources as well as increases or decreases from the prior year.

Revenues Classified by Source
Governmental Funds
Percent of Percent of Percent
Revenue by Source Amount Total Amount Total Amount Change Taxes 84,983,765 $ 70.6% 82,440,931 $ 70.0% 2,542,834 $ 3.1 % Licenses and permits 4,020,575 3.3% 4,825,551 4.1% (804,976) (16.7)% Fines and penalties 132,871 0.1% 197,052 0.2% (64,181) (32.6)% Investment income and rentals 3,365,095 2.8% 192,622 0.2% 3,172,473 1,647.0 % Revenue from other agencies 4,981,450 4.1% 3,120,173 2.7% 1,861,277 59.7 % Current service charges 14,887,776 12.4% 16,911,263 14.4% (2,023,487) (12.0)% Special assessment revenue 4,421,260 3.7% 3,774,087 3.2% 647,173 17.1 % Other 3,596,158 3.0% 6,267,540 5.3% (2,671,382) (42.6)% Total 120,388,950 $ 100.0% 117,729,219$ 100.0% 2,659,731 $ 2.3% FY 2022/2023 FY 2021/2022 Increase (Decrease)
The following provides an explanation of revenues by source that changed significantly over the prior year.

Taxes increased due to a 9.22% increase in assessed valuations, and an increase in business license taxes collected.

Licenses and permits decreased due to 162 less permits issued for housing projects within the City.

Investment income and rentals increased due to earning higher interest on investments verses prior year.

Revenue from other agencies increased due to recognition of American Rescue Plan (ARPA) revenues for fiscal year 2023 expenditures. All funds received previously were in deferred revenue in the prior year, with the balance of unspent funds in deferred revenue in fiscal year 2023.

Current service charges decreased mainly due to decreased benefit district fees collected from housing development projects over prior year.
11 City of Antioch
Managements Discussion and Analysis
For the year ended June 30, 2023

Special assessment revenue increased over prior year due to the addition of Community Facilities District (CFD) 2022-01 Public Services coming on line during the fiscal year and increased assessments in other CFDs as more homes were built and sold within the Districts generating additional assessments being collected.

Other revenues decreased due to recognizing two years of reimbursements for usable river water days due to payment delays in the prior fiscal year not included in fiscal year 2023.

The following table presents the amount of expenditures by function as well as increases or decreases from the prior year.

Expenditures by Function
Governmental Funds
FY 2022/2023 FY 2021/2022 Increase (Decrease)Percent of Percent of PercentExpenditures by Function Amount Total Amount Total Amount ChangeCurrent General government 14,323,888$ 13.6% 12,649,430$ 13.4% 1,674,458$ 13.2% Public works 15,894,710 15.1% 12,677,049 13.4% 3,217,661 25.4% Public safety 53,694,102 51.2% 49,399,096 52.2% 4,295,006 8.7% Parks and recreation 5,645,596 5.4% 7,055,703 7.5% (1,410,107) (19.99%) Community development 5,373,151 5.1% 6,548,933 6.9% (1,175,782) (17.95%) Capital outlay 8,853,782 8.4% 5,958,808 6.3% 2,894,974 48.6% Debt service 1,166,871 1.1% 344,643 0.4% 822,228 238.6% Total 104,952,100$ 100.0% 94,633,662$ 100.0% 10,318,438$ 10.9% The following provides an explanation of the expenditures by function that changed significantly over the prior year.

Public works expenditures increased due to reclassification of lighting and landscape district expenditures from Parks and recreation to Public works in the financial statements in fiscal year 2023. This also resulted in a corresponding decrease in Parks and recreation expenditures. After a thorough review of the activities, it was determined that Public works was a more appropriate financial statement classification for the nature, type and responsible oversight of expenditures.

Community development decreased due to salary savings from vacancies and decreases in expenditures for software upgrades and contractual services for a housing element update from prior year.

Capital outlay increased due to the implementation of GASB96 for Software-Based Technology Agreements (SBITAs) resulting in the recognition of capital outlay for intangible software assets.

Debt service expenditures increased due to the implementation of GASB 96 for SBITAs and recognition of principal and interest on those subscription liabilities.

The General Fund is the chief operating fund of the City of Antioch. At the end of the current fiscal year, unassigned fund balance of the General Fund was $29,039,268, while total fund balance was $76,225,205. As a measure of the General Fund's liquidity, it may be useful to compare both unassigned fund balance and total fund balance to total fund expenditures. Unassigned fund balance represents 37% of total General Fund expenditures, while total fund balance represents 96%.

The fund balance of the City of Antioch's General Fund increased by $6,195,541 during the current fiscal year mainly due to the net effect of an increase in property tax, investment income, and business license tax coupled with expenditure savings from salaries and projects not completed or started as anticipated. $7,160,654 represents assigned fund balance for these projects to be re-appropriated and spent in the next fiscal year. 12 City of Antioch
Managements Discussion and Analysis
For the year ended June 30, 2023

The American Rescue Plan Special Revenue Fund was established during the fiscal year 2022 to account for monies received by the City from the Department of Treasury under the American Rescue Plan Act of 2021. The money received was recorded as unearned revenue in 2022 and $1,747,475 has been recognized as revenue from other agencies in fiscal year 2023 to match fiscal year 2023 expenditures, with the remaining balance of funds in unearned revenue as of June 30th. The fund balance of $239,956 represents investment income not restricted for spending.

Proprietary funds. The City of Antiochs proprietary funds provide the same type of information found in the government-wide financial statements, but in more detail.

Unrestricted net position of the Water Fund at the end of the year amounted to $75,607,571 and those of the Sewer Fund amounted to $14,448,909. Unrestricted net position of the Marina Fund at the end of the year amounted to $412.

Water Fund total net position increased $9,584,932 during the current fiscal year, which is mainly due to capital contributions for connection fees, developer donated assets and a state grant for the Citys Brackish Water project.

Sewer Fund total net position increased $132,691 during the current fiscal year, which is mainly due to capital contributions for connection fees and developer donated assets.

Marina Fund total net position decreased $314,732 during the current fiscal year, which is due to operating costs exceeding operating revenues.

Other factors concerning the finances of these four funds have already been addressed in the discussion of the City of Antiochs business-type activities.

General Fund Budgetary Highlights
The City of Antiochs budget is prepared on the basis of generally accepted accounting principles. During the year, the City Council amends the budget in accordance with State law and the Antioch Municipal Code. A comparison of the original adopted General Fund budget to the final amended budget is below.

General Fund Adopted to Final Amended Budget Comparison Final Percent
Adopted Amended Amount Change
Revenues 86,710,466$ 93,196,043$ 6,485,577 $ 7.5% Expenditures 91,034,810 97,842,795 6,807,985 7.5% FY 2022/2023 Increase (Decrease)

Amendments during the year contributing to the increase in the revenue budget are briefly summarized as follows:
$1,148,608 was added to the budget for increased gas franchise revenues received from PG&E.

Sales tax projections were increased by $3,332,877 based on data from the Citys sales tax consultant.

Property tax projections were increased by $958,681 based on information received from Contra Costa County Assessors office.

Grant reimbursement revenue budgets were increased $314,194 based on projected reimbursable grant expenditures during the fiscal year.

Amendments during the year contributing to the increase in the expenditure budget are briefly summarized as follows:
$1,616,251 was added to the budget for increased liability insurance costs. 13 City of Antioch
Managements Discussion and Analysis
For the year ended June 30, 2023

$6,922,131 was added to the budget for encumbrances and project budgets outstanding at June 30, 2022 re- appropriated into fiscal year 2023, which was in General Fund Assigned Fund Balance at June 30, 2022.

Approximately $5.7M budget reduction for salary savings from vacancies to be recognized during the year.

Approximately $3.3M was added to the budget in transfers out to fund capital projects and subsidies to recreation programs.

Differences between the final amended budget and the actual results resulted in $2,235,522 higher revenues than projected and $8,606,771 variance from appropriations and can be briefly summarized as follows:
$1,934,212 in other financing sources recognized from new equipment leases and software subscriptions entered into that were recognized under GASB 87 and GASB 96. $978,572 higher than projected investment income due to higher interest rates earned during the fiscal year than anticipated.
$5,581,049 in encumbrances and other projects not spent by June 30th. This amount is included as an assignment of General Fund fund balance.
$2,859,534 savings in personnel services due to vacancies.

Subsidies to the Citys Animal Shelter and Recreation Programs were $295,941 less than budgeted due to increased revenue collections.

Leases
Lease receivables. During fiscal year 2022, the City of Antioch implemented GASB 87. As a result, governmental activities have reported $5,591,009 in lease receivables and $5,383,782 in deferred inflows. The majority of lease receivables relate to use of infrastructure and equipment for cellular communications.

Leases payable. As a result of GASB 87, business-type activities have recognized a lease liability in the amount of $378,173 for use of a building for Public Works office space.

Additional information on the Citys leases can be found in Note 7 on page 62 Subscription-Based Technology Agreements (SBITAs)
Subscription liabilities. During fiscal year 2023, the City of Antioch implemented GASB 96. As a result, governmental activities have reported $1,961,995 in subscription liabilities and business-type activities have reported $80,736.

Additional information on the Citys SBITAs can be found in Note 10 on page 68 Capital Asset and Debt Administration
Capital assets. The City of Antiochs investment in capital assets for its governmental and business-type activities as of June 30, 2023, amounts to $546,017,611 (net of accumulated depreciation). This investment in capital assets include land, infrastructure (including water and sewer pipes), structures and improvements, equipment and intangible right-to-use assets. The total net increase in the City of Antiochs investment in capital assets for the current fiscal year was $49,908,082.

Major capital asset events during the current fiscal year included the following:

Traffic signals, bikeway improvements and City Hall improvements made construction in progress for governmental activities as of the end of the current fiscal year reach $4,031,716.

Work continued on the water desalination plant and other water system improvement projects causing construction in progress for business type activities to be $99,314,084 as of the end of the current fiscal year. 14 City of Antioch
Managements Discussion and Analysis
For the year ended June 30, 2023

For government-wide financial statement presentation, all depreciable capital assets were depreciated from acquisition date to the end of the current fiscal year. Fund financial statements record capital asset purchases as expenditures.

Capital assets for the governmental and business-type activities are presented below to illustrate changes from the prior year.

Increase/
2023 2022 2023 2022 2023 2022 Decrease
Land 16,813,652$ 16,813,652 $ 1,486,737 $ 1,486,737 $ 18,300,389$ 18,300,389 $ - $ Construction in
Progress 4,031,716 4,514,139 99,314,084 50,870,980 103,345,800 55,385,119 47,960,681 Infrastructure 208,569,543 212,310,879 109,380,890 108,457,302 317,950,433 320,768,181 (2,817,748) Structures and
Improvements 58,901,622 58,799,598 32,859,581 34,081,360 91,761,203 92,880,958 (1,119,755) Equipment 8,906,860 7,295,257 931,007 617,693 9,837,867 7,912,950 1,924,917 Intangible right-
to-use assets 4,236,267 - 585,652 861,932 4,821,919 861,932 3,959,987 Total 301,459,660$ 299,733,525 $ 244,557,951 $ 196,376,004 $ 546,017,611 $ 496,109,529 $ 49,908,082 $ Governmental Activities Business-type Activities Total

Construction Commitments. Among the significant construction commitments were $509,351 towards the City Hall modification project, $1,861,756 towards the pavement preventative maintenance project, $1,174,658 towards L Street improvements, $1,105,760 towards the water main replacement project, and $23,180,894 towards the Desalination Plant project.

Additional information on the City of Antioch's capital assets can be found in Note 9 on page 67 Long-term debt. At the end of the current fiscal year, the City had total debt and long-term obligations outstanding of $59,248,465. Of this amount. $2,564,136 represents bonds and associated premium secured solely by specified revenue sources (i.e., revenue bonds), $45,062,009 represents loans payable, $2,627,792 represents a long term payable and $2,481,724 represents lease payable. The remainder of the Citys long-term obligations is comprised of: claims liability totaling $2,612,661 and compensated absences of $3,900,143.

The City of Antiochs total long-term obligations for governmental activities increased a net of $2,578,317 due to new leases payable entered into in fiscal year 2023 and an increase in claims liability and compensated absences less scheduled debts service payments; and total long-term obligations for business-type activities increased by $33,490,003 due to the City drawing from a construction loan agreement for financing of the Brackish Water Desalination project during the current fiscal year netted with debt service payments.

State statutes limit the amount of general obligation debt a governmental entity may issue to 15% of its total assessed valuation. The current debt limitation for the City of Antioch is $2,223,274,950. The City of Antioch has no outstanding general obligation debt.

Additional information on the Citys long-term debt can be found in Note 11 on pages 69-73 of this report.

Economic Factors and Next Years Budget
The unemployment rate for the City of Antioch was 5.3% at June 30th. This is more than the states average unemployment rate of 4.9% and higher than the national average rate of 3.6% Assessed values in the City have increased approximately 7.59% for the 2023-24 tax year. 15 City of Antioch
Managements Discussion and Analysis
For the year ended June 30, 2023

All of these factors were considered in preparing the City of Antiochs budget for the 2023-24 fiscal year.

During the current fiscal year, General Fund fund balance increased by $6,195,541. The City of Antioch has appropriated $7,160,654 of General Fund assigned fund balance for spending in the 2023-24 fiscal year budget.

Additionally, $1,536,831 represents funds that are committed to General Plan and technology updates, compensated absences and litigation reserves.

Requests for Information
This financial report is designed to provide a general overview of the City of Antiochs finances for all those with an interest in the governments finances. Questions concerning any of the information provided in this report, financial statements for the Antioch Public Financing Authority, or requests for additional financial information should be addressed to the Office of the Finance Director, City of Antioch, P. O. Box 5007, Antioch, CA 94531-5007. 16 BASIC FINANCIAL STATEMENTS
17 This page intentionally left blank.
18 GOVERNMENT-WIDE FINANCIAL STATEMENTS
19 City of Antioch
Statement of Net Position
June 30, 2023
Governmental Business-Type
Activities Activities Total
ASSETS
Cash and investments 178,935,168 $ 107,808,637$ 286,743,805$ Receivables (net):

Accounts 5,682,048 6,505,452 12,187,500 Taxes 9,178,637 - 9,178,637 Interest 783,130 - 783,130 Lease interest receivable 12,469 - 12,469 Materials, parts and supplies 22,063 863,973 886,036 Internal balances (1,512,900) 1,512,900 - Prepaid items 510,616 158,083 668,699 Lease receivables 5,591,009 - 5,591,009 Loans receivable, net 20,044,226 - 20,044,226 Capital assets not being depreciated 20,845,368 100,800,821 121,646,189 Capital assets , net of accumulated depreciation/amortization 280,614,292 143,757,130 424,371,422 Total assets 520,706,126 361,406,996 882,113,122

DEFERRED OUTFLOWS OF RESOURCES
Deferred loss on refunding 58,596 - 58,596 Pension related amounts 31,070,960 2,616,517 33,687,477 Contributions to pension plans subsequent to the measurement date 13,910,105 2,210,756 16,120,861
OPEB related amounts 3,656,144 572,617 4,228,761 Contributions to OPEB plans subsequent to the measurement date2,769,785 333,693 3,103,478 Total deferred outflows of resources 51,465,590 5,733,583 57,199,173 Primary Government
See accompanying notes to the basic financial statements. 20 City of Antioch
Statement of Net Position
June 30, 2023
Governmental Business-Type
Activities Activities Total
Primary Government

LIABILITIES
Accounts payable 10,302,620 12,508,963 22,811,583 Accrued payroll 1,665,684 314,363 1,980,047 Interest payable 45,430 302,708 348,138 Deposits 11,120,402 518,415 11,638,817 Unearned revenue 19,955,466 - 19,955,466 Long-term obligations due within one year 2,934,653 596,943 3,531,596 Noncurrent liabilities due in more than one year:

Long-term obligations due beyond one year 9,631,499 48,128,101 57,759,600 Net pension liability 116,022,822 20,180,783 136,203,605 Net OPEB liability 23,459,747 956,817 24,416,564 Total liabilities 195,138,323 83,507,093 278,645,416

DEFERRED INFLOWS OF RESOURCES
Lease related amounts 5,383,782 - 5,383,782 Pension related amounts 4,338,610 712,678 5,051,288 OPEB related amounts 14,001,682 1,022,533 15,024,215 Total deferred inflows of resources 23,724,074 1,735,211 25,459,285

NET POSITION
Net investment in capital assets 293,411,572 190,328,483 483,740,055 Restricted for:

Debt service 226 - 226 Housing 27,365,156 - 27,365,156 Disability Access 162,535 - 162,535 Public safety 1,422,439 - 1,422,439 Public and capital facilities 9,129,402 - 9,129,402 Roads 24,554,527 - 24,554,527 Landscape maintenance and tidelands protection 3,690,523 - 3,690,523 Community services 449,347 - 449,347 Total restricted 66,774,155 - 66,774,155 Unrestricted (6,876,408) 91,569,792 84,693,384 Total net position 353,309,319$ 281,898,275$ 635,207,594$ 21 City of Antioch
Statement of Activities
For the Fiscal Year Ended June 30, 2023
Charges Operatin g Capital
for Grants and Grants and
Functions / Programs Expenses Services Contributions Contributions Primary government:

General government 14,634,348 $ 2,676,641$ 2,502,719$ - $ Public works 23,806,410 6,107,966 8,900,213 3,347,254 Public safety 44,682,366 2,578,505 5,333,578 - Parks and recreation 6,382,023 2,966,896 14,189 179,191 Community development 5,234,660 5,372,398 633,383 - Interest on long-term liabilities 115,731 - - - Total governmental activities 94,855,538$ 19,702,406$ 17,384,082$ 3,526,445$ Business-type activities:

Water 37,844,142 40,477,028 7,272 6,588,639 Sewer 9,236,472 7,225,855 - 2,539,217 Marina 1,523,788 601,739 - - Total business-type activities 48,604,402 48,304,622 7,272 9,127,856 Total primary government 143,459,940$ 68,007,028$ 17,391,354$ 12,654,301$ General Revenues:

Taxes:

Property taxes
Transient lodging tax
Franchise
Business license taxes based on gross receipts
Property transfer taxes
Sales and use tax
Motor vehicle in lieu, unrestricted
Park in lieu
Investment income not restricted to specific programs
Other
Transfers
Total general revenues and transfers
Change in net position
Net position - beginning of year, as restated
Net position - end of year
Program Revenues
See accompanying notes to the basic financial statements. 22 Governmental Business-Type
Activities Activities Total
(9,454,988)$ - $ (9,454,988)$ (5,450,977) - (5,450,977) (36,770,283) - (36,770,283) (3,221,747) - (3,221,747) 771,121 - 771,121 (115,731) - (115,731) (54,242,605)$ - $ (54,242,605)$ - 9,228,797 9,228,797 - 528,600 528,600
- (922,049) (922,049) - 8,835,348 8,835,348 (54,242,605) 8,835,348 (45,407,257)
26,387,877 - 26,387,877 317,790 - 317,790 8,041,777 - 8,041,777 4,541,464 - 4,541,464 626,248 - 626,248 39,486,989 - 39,486,989 118,213 - 118,213 236,698 - 236,698 3,437,116 1,470,696 4,907,812
1,603,552 153,802 1,757,354
44,358 (44,358) -
84,842,082 1,580,140 86,422,222
30,599,477 10,415,488 41,014,965
322,709,842 271,482,787 594,192,629
353,309,319$ 281,898,275$ 635,207,594$
Net (Expense) Revenue
and Changes in Net Position
23 This page intentionally left blank.
24 GOVERNMENTAL FUND FINANCIAL STATEMENTS
25 This page intentionally left blank.
26 MAJOR GOVERNMENTAL FUNDS
General Fund- The General Fund is used to account for all of the general revenues of the City not specifically levied or collected for other City funds and the related expenditures. The General Fund accounts for all financial resources of the City which are not accounted for in another fund. For the City, the General Fund includes such activities as general government, public works, public safety, parks and recreation and community development.

American Rescue Plan Fund
This fund accounts for the monies the City is receiving pursuant to the Amercian Rescue Plan Act of 2021. 27 This page intentionally left blank.
28 City of Antioch
Balance Sheet
Governmental Funds
June 30, 2023
Non-major
American Governmental
General Fund Rescue Plan Funds Total
ASSETS
Cash and investments 82,871,795 $ 20,534,684$ 62,251,347$ 165,657,826$ Receivables (net):

Accounts 4,432,719 - 1,242,490 5,675,209 Taxes 7,860,824 - 1,317,813 9,178,637 Interest 783,130 - - 783,130 Lease interest receivable 10,647 - 1,822 12,469 Lease receivables 4,616,973 - 974,036 5,591,009 Due from other funds 732,311 - - 732,311 Prepaid items 161,024 97,333 163,627 421,984 Loans receivable - - 20,044,226 20,044,226 Total assets 101,469,423$ 20,632,017$ 85,995,361$ 208,096,801$

LIABILITIES
Accounts payable 6,383,300 $ 580,023 $ 3,052,960$ 10,016,283$ Accrued payroll 1,299,901 8,613 289,302 1,597,816 Deposits 9,871,568 - 1,248,834 11,120,402 Due to other funds - - 732,311 732,311 Unearned revenue 77,229 19,803,425 74,812 19,955,466 Compensated absences-due and payable 7,263 - - 7,263 Total liabilities 17,639,261 20,392,061 5,398,219 43,429,541

DEFERRED INFLOWS OF RESOURCES
Unavailable sales tax - Public Safety 62,166 - - 62,166 Unavailable transient lodging tax 12,149 - 5,207 17,356 Unavailable revenue from other agencies 2,540,181 - - 2,540,181 Unavailable grant receipts 551,969 - 179,191 731,160 Unavailable loan interest - - 4,765,469 4,765,469 Lease related amounts 4,438,492 - 945,290 5,383,782 Total deferred inflows of resources 7,604,957 - 5,895,157 13,500,114

FUND BALANCES
Nonspendable 163,174 - 167,451 330,625 Restricted - - 61,217,046 61,217,046 Committed 1,536,831 - 7,842,985 9,379,816 Assigned 45,485,932 239,956 6,212,194 51,938,082 Unassigned 29,039,268 - (737,691) 28,301,577 Total fund balances 76,225,205 239,956 74,701,985 151,167,146 Total liabilities, deferred inflows of resources
and fund balances 101,469,423$ 20,632,017$ 85,995,361$ 208,096,801$ See accompanying notes to the basic financial statements. 29 City of Antioch
Reconciliation of the Governmental Funds Balance Sheet to the Government-Wide Statement of Net Position - Governmental Activities June 30, 2023
151,167,146$
Capital assets used in governmental activities are not current financial resources. Therefore they were not reported in the Governmental Funds Balance Sheet. Capital assets, net of Internal Service Funds assets $4,348,307 297,111,353
Revenues received that are measurable but unavailable are recorded as deferred inflows in the fund financial statements 8,116,332
Loss on refundings for long-term debt are deferred outflows of resources on the Statement of Net Position 58,596
Contributions to the pension plan subsequent to the measurement date in the current fiscal year are deferred outflows of resources on the Statement of Net Position 13,910,105 Contributions to the OPEB plan subsequent to the measurement date in the current fiscal year are deferred outflows of resources on the Statement of Net Position 2,769,785 Internal service funds are used by management to charge the costs of vehicle repair and maintenance, stores, office equipment and replacement, and post employment medical benefits to individual funds. The assets and liabilities are included in governmental activities in the statement of net position. 15,062,903 In the Government-Wide Financial Statements, certain differences between actuarial amounts and actual results for pension are deferred and amortized over a period of time, however these differences do not impact the Governmental Funds Balance Sheet:

Deferred outflows of resources - pension 31,070,960
Deferred outflows of resources - OPEB 3,656,144
Deferred inflows of resources - pension (4,338,610)
Deferred inflows of resources - OPEB (14,001,682)
Total deferred outflows and inflows 16,386,812
Certain liabilities, including bonds payable, are not due and payable in the current period and therefore are not reported in the governmental fund financial statements:

Long-term debt:

Due in one year, net of internal service funds liability of $231,961 (2,695,429) Due in more than one year, net of internal service funds liability of $576,233(9,055,266) Net OPEB liability (23,459,747)
Net pension liability (116,022,822)
Accrued interest payable (40,449)
Total long-term liabilities (151,273,713)
353,309,319$
Amounts reported for governmental activities in the Statement of Net Position were different Net Position of Governmental Activities
Fund Balances - Total Governmental Funds
See accompanying notes to the basic financial statements. 30 City of Antioch
Statement of Revenues, Expenditures and Changes in Fund Balances Governmental Funds
For the Fiscal Year Ended June 30, 2023
Non-major
General American Governmental
Fund Rescue Plan Funds Total
REVENUES:

Taxes 76,771,783 $ - $ 8,211,982$ 84,983,765$ Licenses & permits 4,020,575 - - 4,020,575 Fines and penalties 31,489 - 101,382 132,871 Investment income and rentals 1,814,661 224,041 1,326,393 3,365,095 Revenue from other agencies 345,910 1,747,475 2,888,065 4,981,450 Current service charges 5,319,716 - 9,568,060 14,887,776 Special assessment revenue - - 4,421,260 4,421,260 Other 808,209 - 2,787,949 3,596,158 Total revenues 89,112,343 1,971,516 29,305,091 120,388,950 EXPENDITURES:

Current:

General government 12,803,775 300,410 1,219,703 14,323,888 Public works 10,145,047 - 5,749,663 15,894,710 Public safety 47,568,666 1,162,930 4,962,506 53,694,102 Parks and recreation 15,516 13,315 5,616,765 5,645,596 Community development 5,252,672 - 120,479 5,373,151 Capital outlay 2,803,936 2,377,553 3,672,293 8,853,782 Debt service:

Principal retirement 599,663 211,110 235,000 1,045,773 Interest and fiscal charges 891 6,732 113,475 121,098 Total expenditures 79,190,166 4,072,050 21,689,884 104,952,100

REVENUES OVER
(UNDER) EXPENDITURES 9,922,177 (2,100,534) 7,615,207 15,436,850 OTHER FINANCING SOURCES (USES):

Transfers in 4,385,010 - 9,749,377 14,134,387 Transfers (out) (10,045,858) - (4,582,551) (14,628,409) Other financing proceeds - leases/subscriptions 1,934,212 2,292,309 - 4,226,521 Total other financing sources (uses) (3,726,636) 2,292,309 5,166,826 3,732,499 Net change in fund balances 6,195,541 191,775 12,782,033 19,169,349 FUND BALANCES:

Beginning of year, as restated 70,029,664 48,181 61,919,952 131,997,797 End of year 76,225,205 $ 239,956 $ 74,701,985$ 151,167,146$ See accompanying notes to the basic financial statements. 31 Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Government-Wide Statement of Activities - Governmental Activities 19,169,349$
Governmental funds report acquisition of capital assets as part of capital outlay as expenditures.

However, in the Government-Wide Statement of Activities, the cost of those assets were allocated over their estimated useful lives as depreciation expense.

Capital outlay 8,853,782
Depreciation/amortization, net of internal service funds depreciation/amortization of $738,674 (12,135,281) In the Statement of Activities, capital assets donated to/from the City are reported asgeneral revenue, whereas in the governmental funds, capital assets donated do not increase financial resources. Thus, the change in net position differs from the change in fund balances by the value of the asset donated. 3,347,254
In the Statement of Activities, only the gain (loss) on the sale or disposal of capital assets in reported, whereas in the governmental funds, the disposal of assets decreases financial resources. Thus, the change in net position differs from the change in fund balances by the net cost of the assets disposed.(28,377) Contributions to the pension plan in the current fiscalyear are not included in the Statement of Activities. 13,910,105
Contributions to the OPEB plan in the current fiscalyear are not included in the Statement of Activities. 2,769,785
Revenues received that are measurable but unavailable are recorded as deferred inflows in governmental funds. However, in the government-wide statement of activities, the revenues increase financial resources. 3,552,838
Financingproceeds are reported as financingsources ingovernmental funds and thus contribute to the change in fund balances. However, issuing debt increases the long-term liabilities in the statement of net assets and does not affect the statement of activities. Proceeds were received from:

Subscription-based technology agreements (4,226,521)
Repayment of debt principal is an expenditure in thegovernmental funds, but the repayment reduces long-term liabilities in the Statement of Net Position.

Lease revenue bonds 235,000
Lease and subscription obligations 810,773
Some expenses reported in the Statement of Activities do not require the use of current financial resources and therefore are not reported as expenditures in governmental funds. In addition, interest on long-term debt is not recognized under the modified accrual basis of accounting until due, rather than as it accrues.

Increase in long-term claims liability (726,967)
Decrease in long-term compensated absences (26,023)
Amortization of debt discount, premium and loss on refunding 26,941 OPEB expense 833,551
Pension expense (7,499,022)
Decrease in accrued interest payable (21,574)
Internal service funds are used bymanagement to charge the costs of certain activities to individual funds. The net expense of certain activities of the internal service funds is reported with governmental activities. 1,753,864
30,599,477$ Change in Net Position of Governmental Activities City of Antioch
For the Fiscal Year Ended June 30, 2023
Amounts reported for governmental activities in the Statement of Activities are different because:

Net Change in Fund Balances - Total Governmental Funds
See accompanying notes to the basic financial statements. 32

PROPRIETARY FUND FINANCIAL STATEMENTS
33 This page intentionally left blank.
34 PROPRIETARY FUND FINANCIAL STATEMENTS
Water Fund This fund accounts for the operationof the Citys water utility, a self-supportingactivitywhich provides services on a user charge basis to residences and businesses.

Sewer Fund This fund accounts for the maintenance of the Citys sewer lines and related facilities. It is a self- supporting activity which provides services on a user charge basis to residences and businesses.

Marina Fund This fund accounts for the operation of the Citys Marina, which includes renting berths and fueling boats.

Internal Service Funds- These funds account for the maintenance and replacement of vehicles and equipment; the operation, maintenance, and replacement of office equipment used by City departments; charges for workers' compensation expenses; charges for loss control, on a cost-reimbursement basis. 35 City of Antioch
Statement of Net Position
Proprietary Funds
June 30, 2023
Governmental
Activities
Internal
Service
Water Sewer Marina Total Funds
ASSETS
Current assets:

Cash and investments 88,140,413$ 19,002,963$ 665,261 $ 107,808,637$ 13,277,342$ Accounts receivables, net 5,567,459 931,053 6,940 6,505,452 6,839 Materials, parts and supplies 833,699 - 30,274 863,973 22,063 Prepaid items 127,840 17,684 12,559 158,083 88,632 Total current assets 94,669,411 19,951,700 715,034 115,336,145 13,394,876 Noncurrent assets:

Capital assets:

Land 1,002,231 14,553 469,953 1,486,737 - Construction in progress 99,314,084 - - 99,314,084 - Water and sewer pipes 77,739,724 75,875,963 - 153,615,687 - Structures and improvements 61,598,780 14,669,664 14,825,645 91,094,089 267,474 Vehicles and equipment 4,290,218 440,816 129,134 4,860,168 13,226,819 Intangible right-to-use assets 217,353 703,507 - 920,860 664,753 Less accumulated
depreciation/amortization (65,837,852) (29,965,175) (10,930,647) (106,733,674) (9,810,739) Total capital assets 178,324,538 61,739,328 4,494,085 244,557,951 4,348,307 Total assets 272,993,949 81,691,028 5,209,119 359,894,096 17,743,183

DEFERRED OUTFLOWS OF RESOURCES
Pension related amounts 1,830,915 741,987 43,615 2,616,517 - Contributions to pension plan subsequent
to the measurement date 1,544,849 626,981 38,926 2,210,756 - OPEB related amounts 427,289 145,328 - 572,617 - Contributions to OPEB plan subsequent to
the measurement date 245,805 87,888 - 333,693 - Total deferred outflows of resources4,048,858 1,602,184 82,541 5,733,583 - Business-type Activities - Enterprise Funds
See accompanying notes to the basic financial statements. 36 City of Antioch
Statement of Net Position
Proprietary Funds
June 30, 2023
Governmental
Activities
Internal
Service
Water Sewer Marina Total Funds
Business-type Activities - Enterprise Funds

LIABILITIES
Current liabilities:

Accounts payable 12,094,732 389,464 24,767 12,508,963 286,337 Accrued payroll 208,126 100,240 5,997 314,363 67,868 Interest payable 221,865 1,339 79,504 302,708 4,981 Deposits 465,250 - 53,165 518,415 - Compensated absences - due within one year 41,938 15,366 329 57,633 15,839 Lease payable - due within one year - 54,877 - 54,877 - Subscription liability - due within one year 40,368 40,368 - 80,736 216,122 Long Term Payable-DDSD due within one year 309,040 - - 309,040 - Marina loans payable - due within one year - - 94,657 94,657 - Total current liabilities 13,381,319 601,654 258,419 14,241,392 591,147 Noncurrent liabilities:

Lease payable - 323,296 - 323,296 - Subscription liability - - - - 433,676 Long Term Payable-DDSD 2,318,752 - - 2,318,752 - Long Term loan payable-SWRCB 43,134,642 - - 43,134,642 - Compensated absences - due in more
than one year 377,448 138,294 2,959 518,701 142,557 Marina loans - due in more than one year - - 1,832,710 1,832,710 - Net pension liability 13,887,162 5,756,655 536,966 20,180,783 - Net OPEB liability 715,640 241,177 - 956,817 - Total noncurrent liabilities 60,433,644 6,459,422 2,372,635 69,265,701 576,233 Total liabilities 73,814,963 7,061,076 2,631,054 83,507,093 1,167,380

DEFERRED INFLOWS OF RESOURCES
Pension related amounts 402,489 216,713 93,476 712,678 - OPEB related amounts 773,810 248,723 - 1,022,533 - Total deferred inflows of resources1,176,299 465,436 93,476 1,735,211 -

NET POSITION
Net investment in capital assets 126,443,974 61,317,791 2,566,718 190,328,483 3,501,064 Unrestricted 75,607,571 14,448,909 412 90,056,892 13,074,739 Total net position 202,051,545$ 75,766,700$ 2,567,130$ 280,385,375 16,575,803$ 1,512,900
281,898,275$
Some amounts reported for business-type activities in the statement of net position are different because certain internal service fund assets and liabilities are included with business-type activities.

See accompanying notes to the basic financial statements. 37 City of Antioch
Statement of Revenues, Expenses and Changes in Net Position Proprietary Funds
For the Fiscal Year Ended June 30, 2023
Governmental
Activities
Internal
Service
Water Sewer Marina Total Funds
OPERATING REVENUES:

Charges for services 40,477,028$ 7,225,855$ 601,739 $ 48,304,622$ 9,998,159$ Revenue from other agencies 7,272 - - 7,272 - Other revenue 125,840 19,082 7,521 152,443 42,796 Total operating revenues 40,610,140 7,244,937 609,260 48,464,337 10,040,955 OPERATING EXPENSES:

Wages and benefits 7,897,371 3,652,441 355,511 11,905,323 2,442,683 Utilities 2,141,443 - 62,553 2,203,996 - Contractual services 19,577,477 3,836,332 524,707 23,938,516 3,619,631 Tools and supplies 5,315,050 330,201 72,266 5,717,517 858,311 Depreciation & amortization 2,745,253 1,781,910 401,198 4,928,361 738,674 Repairs and maintenance 477,759 30,256 1,689 509,704 371,345 Total operating expenses 38,154,353 9,631,140 1,417,924 49,203,417 8,030,644 OPERATING INCOME (LOSS) 2,455,787 (2,386,203) (808,664) (739,080) 2,010,311 NONOPERATING REVENUES (EXPENSES):

Gain (loss) from disposal of capital assets - - - - 76,688 (Loss) from lease termination - - (15,298) (15,298) - Investment income 1,159,651 301,103 9,942 1,470,696 154,547 Investment (expense) (303,584) - (87,071) (390,655) - Lease interest (expense) - (5,865) 1,359 (4,506) - Subscription interest (expense) (882) (882) - (1,764) (13,465) Total nonoperating revenues (expenses)855,185 294,356 (91,068) 1,058,473 217,770

INCOME (LOSS) BEFORE CAPITAL
CONTRIBUTIONS AND TRANSFERS3,310,972 (2,091,847) (899,732) 319,393 2,228,081 Capital contribution - developer 1,243,390 1,728,408 - 2,971,798 - Capital contribution - connection fees 2,339,134 810,809 - 3,149,943 - Capital contribution - State grant 3,006,115 - - 3,006,115 - Transfers in - - 585,000 585,000 538,380 Transfers (out) (314,679) (314,679) - (629,358) - CHANGE IN NET POSITION 9,584,932 132,691 (314,732) 9,402,891 2,766,461 NET POSITION:

Beginning of year, as restated 192,466,613 75,634,009 2,881,862 13,809,342 End of year 202,051,545$ 75,766,700$ 2,567,130$ 16,575,803 $ 1,012,597
10,415,488$
Business-type Activities - Enterprise Funds
Some amounts reported for business-type activities in the statement of activities are different because the net revenue (expense) of certain internal service funds is reported with business-type activities.

See accompanying notes to the basic financial statements. 38 This page intentionally left blank.
39 City of Antioch
Statement of Cash Flows
Proprietary Funds
For the Fiscal Year Ended June 30, 2023
Governmental
Activities
Internal
Service
Water Sewer Marina Total Funds
CASH FLOWS FROM OPERATING ACTIVITIES:

Cash receipt from customers 48,159,489$ 7,488,280$ 636,534 $ 56,284,303$ - $ Cash receipt from other funds - - - - 10,061,491 Cash paid to suppliers for goods and services(26,407,873) (4,064,959) (633,320) (31,106,152) (4,471,056) Cash paid to employees for services (8,061,178) (3,587,368) (269,458) (11,918,004) (2,422,924) Net cash provided by (used in)
operating activities 13,690,438 (164,047) (266,244) 13,260,147 3,167,511

CASH FLOWS FROM NONCAPITAL
FINANCING ACTIVITIES:

Transfers in - - 585,000 585,000 538,380 Transfers (out) (314,679) (314,679) - (629,358) - Net cash provided by (used in)
noncapital financing activities (314,679) (314,679) 585,000 (44,358) 538,380

CASH FLOWS FROM CAPITAL AND RELATED
FINANCING ACTIVITIES:

Capital asset additions (50,076,450) (62,060) - (50,138,510) (1,762,678) Capital contributions 5,345,249 810,809 - 6,156,058 - Proceeds from disposal of capital assets - - - - 76,688 Proceeds from long term borrowings 34,157,126 - - 34,157,126 - Loss from lease termination - - (15,298) (15,298) - Lease principal paid - (54,086) - (54,086) - Lease interest received (paid) - (5,913) 1,497 (4,416) - Subscription principal paid (35,625) (35,625) - (71,250) (14,955) Subscription interest paid - - - - (8,484) Principal paid on long term loans (528,389) - (90,581) (618,970) - Interest paid on long term loans (82,601) - (90,807) (173,408) - Net cash provided by (used in) capital
and related financing activities(11,220,690) 653,125 (195,189) (10,762,754) (1,709,429) CASH FLOWS FROM INVESTING ACTIVITIES:

Interest received (paid) 1,159,651 301,103 9,942 1,470,696 154,547 Net cash provided by (used in)
investing activities 1,159,651 301,103 9,942 1,470,696 154,547 Net change in cash and cash
equivalents 3,314,720 475,502 133,509 3,923,731 2,151,009 Business-type Activities - Enterprise Funds
See accompanying notes to the basic financial statements. 40 City of Antioch
Statement of Cash Flows
Proprietary Funds
For the Fiscal Year Ended June 30, 2023
Governmental
Activities
Internal
Service
Water Sewer Marina Total Funds
Business-type Activities - Enterprise Funds
CASH AND CASH EQUIVALENTS:

Beginning of year 84,825,693 18,527,461 531,752 103,884,906 11,126,333 End of year 88,140,413$ 19,002,963$ 665,261 $ 107,808,637$ 13,277,342$

RECONCILIATION OF OPERATING INCOME (LOSS)

TO NET CASH PROVIDED BY (USED IN)
OPERATING ACTIVITIES:

Operating income (loss) 2,455,787$ (2,386,203)$ (808,664)$ (739,080)$ 2,010,311$ Adjustments to reconcile operating income
(loss) to cash flows from operating activities:

Depreciation 2,745,253 1,781,910 401,198 4,928,361 738,674 Decrease (increase) in:

Accounts receivable 7,559,442 243,343 2,458 7,805,243 20,536 Leases receivable - - 191,891 191,891 - Materials, parts, and supplies (122,913) - 18,297 (104,616) 21,013 Prepaid items (7,228) 44,055 (5,892) 30,935 162,838 Deferred outflows of resources for
pensions/OPEB (2,090,502) (824,214) (42,810) (2,957,526) - Increase (decrease) in:

Accounts payable 1,233,997 87,775 15,490 1,337,262 194,380 Accrued payroll 48,619 33,159 1,438 83,216 23,124 Deposits (10,093) - 9,009 (1,084) - Accrued compensated absences (28,205) 33,342 796 5,933 (3,365) Net pension liability 5,404,472 2,314,343 324,168 8,042,983 - Net OPEB liability 400,634 132,396 - 533,030 - Deferred inflows of resources for
pensions/OPEB/leases (3,898,825) (1,623,953) (373,623) (5,896,401) - Net cash provided by (used in)
operating activities 13,690,438$ (164,047)$ (266,244)$ 13,260,147$ 3,167,511$

SUPPLEMENTAL DISCLOSURE OF NONCASH
CAPITAL AND RELATED FINANCING ACTIVITIES:

Capital assets contributed by developers1,243,390$ 1,728,408$ - $ 2,971,798$ - $ Total noncash capital and related
financing activities 1,243,390$ 1,728,408$ - $ 2,971,798$ - $ See accompanying notes to the basic financial statements. 41 This page intentionally left blank.
42 FIDUCIARY FUND FINANCIAL STATEMENTS
43 This page intentionally left blank.
44 FIDUCIARY FUND FINANCIAL STATEMENTS
Succesor Agency Private Purpose Trust Fund This fund accounts for the assets and liabilities held by the City as Successor Agency to the Antioch Development Agency.

Custodial Funds These funds account for assets held by the City in the capacity of agent for other governmental agencies (County, Fire Protection District and ECWMA).
45 This page intentionally left blank.
46 City of Antioch
Statement of Fiduciary Net Position
Fiduciary Funds
June 30, 2023
Succesor Agency
Private Purpose Custodial
Trust Fund Funds
ASSETS
Cash and investments 490,779 $ 1,676,578$ Accounts receivable - 3,310 Interest receivable 572 -
Prepaid Items 1,711 -
Restricted cash and investments 152,085 - Capital assets:

Nondepreciable 96,493 -
Total assets 741,640 1,679,888

DEFERRED OUTFLOWS OF RESOURCES
Deferred loss on refunding 91,350 -

LIABILITIES
Interest payable 101,511 -
Due to organizations and other governments - 515 Long-term obligations:

Due within one year 1,168,405 -
Due beyond one year 14,574,937 -
Total liabilities 15,844,853 515

NET POSITION
Restricted for:

Organizations and other governments - 1,679,373 Unrestricted (15,011,863) -
(15,011,863)$ 1,679,373$
See accompanying notes to the basic financial statements. 47 City of Antioch
Statement of Changes in Fiduciary Net Position
Fiduciary Funds
For the Fiscal Year Ended June 30, 2023
Succesor Agency
Private Purpose Custodial
Trust Fund Funds

ADDITIONS
Contributions:

Redevelopment Property Tax Trust Fund 1,631,409 $ - $ Members - 3,750
Investment earnings:

Investment income and rentals 23,849 17,308 Drainage fee collections for other governments - 1,806,438 Fire protection fee collections for other governments - 317,712 Total additions 1,655,258 2,145,208

DEDUCTIONS
Administrative expenses 4,709 13,138 Enforceable obligations 506,377 -
Payments of drainage fees to other governments - 1,797,407 Total deductions 511,086 1,810,545
Change in net position 1,144,172 334,663
NET POSITION:

Beginning of year (16,156,035) 1,344,710
End of year (15,011,863) $ 1,679,373 $
See accompanying notes to the basic financial statements. 48 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

NOTE 1 - THE FINANCIAL REPORTING ENTITY
(a) Reporting Entity
The City of Antioch, California (the "City"), operates under the Council-Manager form of government and provides the following services: police, highways and streets, sanitation, health services, culture-recreation, public improvements, planning and zoning, general administration services, and water.

The governmental reporting entity consists of the City (Primary Government) and its component units.

Component units are legally separate organizations for which the City is financially accountable or other organizations whose nature and significant relationship with the City are such that exclusion would cause the City's financial statements to be misleading or incomplete. Financial accountability is defined as the appointment of a voting majority of the component unit's board, and (1) either the City's ability to impose its will on the organization or (ii) there is potential for the organization to provide a financial benefit to or impose a financial burden on the City.

The basic financial statements include a blended component unit. The blended component unit, although a legally separate entity is, in substance, part of the City's operations and so data from this unit is combined with data of the primary government.

For financial reporting purposes, the City's basic financial statements include all financial activities that are controlled by or are dependent upon actions taken by the City's Council. The financial statements of the individual component unit may be obtained by writing to the City of Antioch, Finance Department, P.O.

Box 5007, Antioch, CA 94531-5007.
(b) Blended Component Unit
Antioch Public Financing Authority
The Antioch Public Financing Authority (APFA) was formed for the purpose of financing the Water Treatment Plant Expansion, the Police Facilities Projects and other infrastructure improvements. The APFA and the City have a financial and operational relationship, which requires that the APFA's financial statements be blended into the City's financial statements. The APFA's Board consists exclusively of all five members of the City Council.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(a) Basis of Presentation
Government-wide Financial Statements
The statement of net position and statement of activities display information about the primary government (the City) and its component units. These statements include the financial activities of the overall government, except for fiduciary activities. Eliminations have been made to minimize the double counting of internal activities except for interfund services provided and used. These statements distinguish between the governmental and business-type activities of the City. Governmental activities, which normally are supported by taxes and intergovernmental revenues and other non-exchange transactions, are reported separately from business-type activities, which rely to a significant extent on fees charged to external parties.
49 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

The statement of activities presents a comparison between direct expenses and program revenues for each segment of the business-type activities of the City and for each function of the City's governmental activities. Direct expenses are those that are specifically associated with a program or function; and, therefore, are clearly identifiable to a particular function. Program revenues include 1) fees, fines and charges paid by the recipients of goods or services offered by the programs and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular program.

Revenues that are not classified as program revenues, including all taxes, are presented instead as general revenues.

Fund Financial Statements
The fund financial statements provide information about the City's funds, including fiduciary funds and blended component units. Separate statements for each fund category - governmental, proprietary and fiduciary - are presented. The emphasis of fund financial statements is on major governmental and enterprise funds, each displayed in a separate column. All remaining governmental and enterprise funds are separately aggregated and reported as non major funds.

Proprietary funds distinguish operating revenues and expenses and non operating items. Operating revenues and expenses generally result from providing services in connection with the fund's principal ongoing operations. The principal operating revenues of the City's enterprise and internal service funds are charges for customer services including: water and sewer charges, marina fees, equipment maintenance and usage fees, and support charges. Operating expenses for enterprise funds and internal service funds include the cost of services, administrative expenses and depreciation on capital assets. All other revenues and expenses not meeting this definition are reported as non operating revenues and expenses.

The City reports the following major governmental funds:

The General Fund is used to account for all of the general revenues of the City not specifically levied or collected for other City funds and the related expenditures. The General Fund accounts for all financial resources of the City which are not accounted for in another fund. For the City, the General Fund includes such activities as general government, public works, public safety, parks and recreation and community development.

The American Rescue Plan Special Revenue Fund is used to account for monies received by the Department of Treasury to respond to the COVID-19 emergency under the American Rescue Plan Act of 2021.

The City reports the following major enterprise funds:

The Water Fund accounts for the operation of the City's water utility, a self-supporting activity, which provides services on a user charge basis to residences and businesses.

The Sewer Fund accounts for the maintenance of the City's sewer lines and related facilities. It is a self- supporting activity, which provides services on a user charge basis to residences and businesses.

The Marina Fund accounts for the operation of the City's Marina Complex, which includes renting berths and fueling boats to the public.
50 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

The City reports the following additional fund types:

Internal Service Funds account for the maintenance and replacement of vehicles and equipment; the operation, maintenance, and replacement of office equipment used by City departments; charges for workers' compensation expenses; and charges for loss control, on a cost-reimbursement basis.

Custodial Funds account for assets held by the City in the capacity of agent for other governmental agencies (Fire Protection District, the County and ECWMA).

Private Purpose Trust Funds account for the assets and liabilities held by the City as Successor Agency to the Antioch Development Agency.
(b) Measurement Focus, Basis of Accounting
The government-wide, proprietary, fiduciary fund and custodial fund financial statements are reported using the economic resources measurement focus. The government-wide and proprietary fund financial statements are reported using the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded at the time liabilities are incurred, regardless of when the related cash flows take place. Non exchange transactions, in which the City gives (or receives) value without directly receiving (or giving) equal value in exchange, include property and sales tax, grants, entitlements and donations. On an accrual basis, revenue from property taxes is recognized in the fiscal year for which the taxes are levied.

Revenues from sales tax are recognized when the underlying transactions take place. Revenues from grants, entitlements and donations are recognized in the fiscal year in which all eligibility requirements have been satisfied.

Governmental funds are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Under this method, revenues are recognized when measurable and available. Property and sales taxes, interest, certain state and federal grants and charges for services are accrued when their receipt occurs within sixty days after the end of the accounting period so as to be both measurable and available. Expenditures are generally recorded when a liability is incurred, as under accrual accounting. However, debt service expenditures, as well as expenditures related to claims and judgments are recorded only when payment is due. General capital assets acquisitions are reported as expenditures in governmental funds. Proceeds of general long-term debt and capital leases are reported as other financing sources.

All fiduciary funds, including custodial funds, use the accrual, rather than the modified accrual, basis of accounting.

Under the terms of grant agreements, the City funds certain programs by a combination of specific cost- reimbursement grants, categorical block grants and general revenues. Thus, when program expenses are incurred, there is both restricted and unrestricted net position available to finance the program. It is the City's policy to first apply cost-reimbursement grant resources to such programs, followed by categorical block grants, and then by general revenues. With respect to the gas tax fund, it is the City's policy to first apply revenues other than the gas tax itself to expenditures incurred within that program.

The City applies all applicable GASB pronouncements including all NCGA Statements and Interpretations currently in effect.
51 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023
(c) Internal Investment Pool
The City maintains an internal investment pool that is available for use by all funds. Investments in non- participating interest earning contracts (including guaranteed investment contracts) are reported at cost, and all other investments at fair value. Fair value is determined annually and is based on current market prices. The method of allocating interest earned on pooled deposits and investments among funds is based on average cash balances.

For purposes of the accompanying statement of cash flows for the enterprise and internal service funds, cash equivalents are defined as investments with original maturities of 90 days or less, which are readily convertible to known amounts of cash. The City considers all pooled cash and investments (consisting of cash and investments and restricted cash and investments) held by the City as cash and cash equivalents because the pool is used essentially as a demand deposit account from the standpoint of the funds. The City also considers all non-pooled cash and investments (consisting of cash with fiscal agent and restricted cash and investments held by fiscal agent) as cash and cash equivalents because investments meet the criteria for cash equivalents defined above.
(d) Receivables
During the course of normal operations, the City carried various receivable balances for taxes, interest, services, loan, utilities and special assessments. Accounts receivables are shown net of an allowance for doubtful accounts of $91,156 in the General Fund and $569,531 in the Water Enterprise Fund (e) Materials, Parts and Supplies
Material, parts and supplies are valued at average cost. Material, parts and supplies recorded in the internal service funds consist of expendable supplies for consumption. The cost is recorded as an expense at the time individual inventory items are consumed. Material, parts and supplies recorded in the Marina Enterprise Fund consists primarily of merchandise held for resale to the public. (f) Loans Receivable
For the purposes of the governmental funds financial statements, expenditures related to long-term loans arising from loan subsidy programs are recorded as a loan receivable upon funding. The balance of the long-term loans receivable includes loans that may be forgiven if certain terms and conditions of the loans are met. For purposes of both the governmental and government-wide financial statements, long-term loans are net of an allowance.
(g) Bond Issuance Costs, Original Issue Discounts and Premiums and Refunding of Debt In the government-wide financial statements and the proprietary fund financial statements, long-term debt and other long-term obligations are reported as liabilities in the applicable governmental activities, business-type activities, or proprietary fund statement of net position. Bond premiums and discounts, are deferred and amortized over the life of the bonds. Bonds payable are reported net of the applicable bond premium or discount.

In the fund financial statements, governmental fund types recognize bond premiums and discounts, as well as bond issuance costs, during the current period. Issuance costs, whether or not withheld from the actual debt proceeds received are reported as debt service expenditures. 52 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

Gains or losses occurring from advance refundings, if they occurred subsequent to June 30, 1993, are deferred and amortized into expense for both business-type activities and proprietary funds. For governmental activities, they are deferred and amortized into expense if they occurred subsequent to June 30, 2001.
(h) Capital Assets
Capital assets (including infrastructure) are recorded at historical cost or at estimated historical cost if actual historical cost is not available. Donated capital assets, donated works of art and similar items, and capital assets received in a service concession arrangements are recorded at acquisition value rather than fair value. Capital assets include public domain (infrastructure) general capital assets consisting of certain improvements including roads, bridges, water/sewer, lighting systems, drainage systems, and flood control. The City defines capital assets as assets with an estimated useful life in excess of one year and an initial, individual cost of $5,000 or more. The City defines intangible assets with an estimated useful life in excess of one year and an initial, individual cost of $25,000 or more. Capital and intangible assets used in operations are depreciated or amortized (assets under capital leases) using the straight-line method over the lesser of the capital lease period or their estimated useful lives in the government-wide statements and proprietary funds.

The estimated useful lives are as follows:

Infrastructure 20 to 50 years
Water and Sewer Pipes 75 years
Structures and Improvements 10-30 years
Equipment 5-20 years
Vehicles
Intangible right-to-use leased and subscription assets
5-15 years
5-20 years
Maintenance and repairs are charged to operations when incurred. Betterments and major improvements, which significantly increase values, change capacities or extend useful lives, are capitalized. Upon sale or retirement of capital assets, the cost and related accumulated depreciation are removed from the respective accounts and any resulting gain or loss is included in the results of operations. (i) Property Taxes and Special Assessments Revenue
Revenue is recognized in the fiscal year for which the tax and assessment are levied. The County of Contra Costa levies, bills and collects property taxes and special assessments for the City; under the County's "Teeter Plan", the County remits the entire amount levied and handles all delinquencies, retaining interest and penalties.

Taxes are levied for each fiscal year on taxable real and personal property situated in the County. The levy is based on the assessed values as of the preceding January 1st, which is also the lien date. Property taxes on the secured roll are due in two installments: November 1st and February 1st and become delinquent after December 10th and April 10th, respectively. Supplemental property taxes are levied based on changes in assessed values between the date of real property sales or construction completion and the preceding assessment date. The additional supplemental property taxes are prorated from the first day of the month following the date of such occurrence. Property taxes on the unsecured roll are due on the lien date (January 1), and become delinquent if unpaid by August 31st.

Special assessment districts are established in various parts of the City to provide improvements to properties located in those districts. Properties are assessed for the cost of improvements; these assessments are payable over the term of the debt issued to finance the improvements. 53 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

(j) Accumulated Compensated Absences
The City accrues the cost for compensated absences (vacation, sick leave and comp time) when they are earned. City employees have a vested interest in accrued vacation time and all vacation hours will eventually either be used or paid by the City. Generally, employees earn and use their current vacation hours with a small portion being accrued or unused each year. As this occurs, the City incurs an obligation to pay for these unused hours. Sick leave benefits are only vested for employees with more than 10 years of service, up to a maximum of 40% of 800 hours.
(k) Interfund Transactions
Interfund transactions are reflected as either loans, services provided, reimbursements or transfers. Loans are reported as receivables and payables as appropriate, are subject to elimination upon consolidation and are referred to as either "due to/from other funds" (i.e., the current portion of interfund loans) or "advances to/from other funds" (i.e., the noncurrent portion of interfund loans). Any residual balances outstanding between the governmental activities and the business-type activities are reported in the government-wide financial statements as "internal balances". Advances between funds, as reported in the fund financial statements, are offset by a fund balance reserve account in applicable governmental funds to indicate that they are not available for appropriation and are not available financial resources.

Services provided, deemed to be at market or near market rates, are treated as revenues and expenditures/expenses. Reimbursements are when one fund incurs a cost, charges the appropriate benefiting fund and reduces its related cost as a reimbursement. All other interfund transactions are treated as transfers. Transfers within governmental or proprietary funds are netted as part of the reconciliation to the government-wide presentation.
(l) Pensions
For purposes of measuring the net pension liability and deferred outflows/inflows of resources related to pensions, and pension expense, information about the fiduciary net position of the Citys California Public Employees Retirement System (CalPERS) plans (Plans) and Public Agency Retirement System (PARS) plan and additions to/deductions from the Plans fiduciary net position have been determined on the same basis as they are reported by CalPERS and PARS. For this purpose, benefit payments (including refunds of employee contributions) are recognized when due and payable in accordance with the benefit terms.

Investments are reported at fair value.

Generally accepted accounting principles require that the reported results must pertain to liability and asset information within certain defined timeframes. For this report, the following timeframes are used:

CalPERS plans PARS plan
Valuation Date June 30, 2021 Valuation Date June 30, 2021 Measurement Date June 30, 2022 Measurement Date June 30, 2023 Measurement Period July 1, 2021 to
June 30, 2022
Measurement Period July 1, 2022 to
June 30, 2023
Pension liabilities and related costs are allocated to proprietary funds based on each funds proportionate share of the total current contribution. As Internal Service funds mainly serve governmental funds, pension liabilities and related costs for those employees are accounted for in governmental activities. 54 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

(m) Other Postemployment Benefits (OPEB)
For purposes of measuring the net OPEB liability and deferred outflows/inflows of resources related to OPEB, and OPEB expense, information about the fiduciary net position of the City of Antioch CERBT plan (OPEB Plan) and additions to/deductions from the OPEB Plans fiduciary net position have been determined on the same basis. For this purpose, benefit payments are recognized when currently due and payable in accordance with the benefit terms. Investments are reported at fair value.

Valuation Date June 30, 2021
Measurement Date June 30, 2022
Measurement Period June 30, 2021 to June 30, 2022
OPEB liabilities and related costs are allocated to proprietary funds based on each funds proportionate share of the total contribution in each sub-plan. As Internal Service funds mainly serve governmental funds, OPEB liabilities and related costs for those employees are accounted for in governmental activities. (n) Estimates
The preparation of basic financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates. (o) New Pronouncements
In fiscal year 2023, the City adopted the following Governmental Accounting Standards Board Statements and some were not applicable:

GASB Statement No. 91, Conduit Debt Obligations - There was no effect on net position as part of implementation of this standard.

GASB Statement No. 94, Public-Private and Public-Public Partnerships and Availability Payment Arrangements There was no effect on net position as part of implementation of this standard.

GASB Statement No. 96, Subscription-Based Information Technology Arrangements Subscription-Based Technology Arrangement (SBITAs) assets, deferred outflows, liabilities, and deferred inflows were recognized as part of the implementation of this standard. Proprietary funds restated beginning net position as a result of implementation of this standard. 55 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

NOTE 3 - STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY
(a) Expenditures in Excess of Budget
Expenditures in the funds below exceeded appropriations by the amounts indicated, largely because budgets were not revised for higher than anticipated expenditures. Sufficient resources were available to finance these expenditures, primarily in the form of higher revenues and transfers than expected or from available fund balance.

Appropriated ActualFinal Budget Expenditures Excess Nonmajor Special Revenue Funds: Tidelands Assembly Bill-1900 499$ 507$ (8)$ Supplemental Law Enforcement 200 229 (29) Street Impact 1,235 1,309 (74) East Lone Tree Benefit District 34,597 38,574 (3,977) Kaiser Public Facility Benefit District 25 1,179 (1,154) Nonmajor Capital Projects Funds: Residential Development Allocation 70 121 (51) NOTE 4 - CASH AND INVESTMENTS
(a) Cash and Investment Balances
The City has the following cash and investments at June 30, 2023:

Petty cash 6,400 $
Deposits in banks 143,775,963
Total cash 143,782,363
Certificate of Deposit 2,889,989
Bank Note 404,292
U.S. Government securities 47,175,006
U.S. Government agencies 7,366,043
Medium-term corporate notes 29,085,007
Asset Backed Securities 20,416,711
California Asset Management Program 26,035,965
California Local Agency Investment Fund 11,755,786
Total investments 145,128,799
Total cash and investments 288,911,162
Money market 152,085
Total restricted cash and investments 152,085
Total 289,063,247 $
Cash and investments:

Restricted cash and investments:

56 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

Cash and investments are presented on the Statement of Net Position as follows at June 30, 2023:

Government-Wide Fiduciary FundsStatement of Statement ofNet Position Net Position TotalCash and investments 286,743,805$ 2,167,357$ 288,911,162$ Restricted cash and investments - 152,085 152,085 Total 286,743,805$ 2,319,442$ 289,063,247$

The City's dependence on property tax receipts, which are received semi-annually, requires it to maintain significant cash reserves to finance operations during the remainder of the year. The City pools cash from all sources and all funds, except amounts required to be held with fiscal agents, so that it can be safely invested at maximum yield and liquidity. Investment income is allocated among funds on the basis of average month-end cash balances.

Restricted cash and investments at June 30, 2023 was $152,085, which was held by trustees or fiscal agents.

These funds may only be used for specific capital outlay or for the payment of certain bonds or tax allocation bonds and have been invested only as permitted by State statutes or applicable City ordinance, resolution or bond indentures.
(b) Cash Deposits
The carrying amount of the City's cash deposits was $143,775,963 at June 30, 2023. The bank balance at June 30, 2023, was $144,389,769, which was fully insured and/or was collateralized with securities held by the pledging financial institutions in the City's name as described in the following paragraph.

The California Government Code requires California banks and savings and loan associations to secure the City's cash deposits by pledging securities as collateral. This Code states that collateral pledged in this manner shall have the effect of perfecting a security interest in such collateral superior to those of a general creditor. Thus, collateral for cash deposits is considered to be held in the City's name. The fair value of pledged government securities must equal at least 110% of the City's cash deposits. California law also allows institutions to secure City deposits by pledging first trust deed mortgage notes having a value of 150% of the City's total cash deposits. The City has waived collateral requirements for cash deposits, which are fully insured up to $250,000 by the Federal Deposit Insurance Corporation or Savings Association Insurance Fund.
57 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

(c) Investments
The City's investment policy, bond indentures, and Section 53601 of the California Government Code allow the City to invest in the following types of investments:

Securities of the U.S. Government or its agencies
Certificates of Deposit
Bankers' Acceptances
Commercial Paper
Investment Grade Medium Term Corporate Notes
Repurchase Agreements
Local Agency Investment Fund Deposits
California Asset Management Program
Insured Savings Accounts or Money Market Accounts
Guaranteed Investment Contracts
Collateralized Mortgage Obligations
Mutual funds as permitted by the Code
US dollar denominated senior unsecured obligations issued or unconditionally guaranteed by IBRD, IFC or IADB
The City did not enter into reverse repurchase agreements during the year ended June 30, 2023.

At June 30, 2023, the City's investment position in the State of California Local Agency Investment Fund (LAIF) was $11,755,786. This amount reflects the Citys fair value share in the pool. A factor of

0.984828499% was used to determine the fair value. The total amount invested by all public agencies in LAIF at that day was $178,382,808,290. Of that amount, 97.22% is invested in non derivative financial products and 2.78% as compared to 1.88% in previous year, in structured notes and asset-backed securities.

The Local Investment Advisory Board (Board) has oversight responsibility for LAIF. The Board consists of five members as designated by State Statute. The value of the pool shares in LAIF, which may be withdrawn, is determined on an amortized cost basis, which is different than the fair value of the City's position in the pool. Information is not available on whether the mutual funds in which the City has invested used, held or wrote derivative products during the fiscal year ended June 30, 2023.

At June 30, 2023, the Citys investment position in the California Asset Management Program (CAMP) was $26,035,965. The CAMP Pool is a short-term cash reserve portfolio and cash management vehicle. The Pool is managed to maintain a dollar-weighted average portfolio maturity of 60 days or less and seeks to maintain a constant net asset value (NAV) per share of $1.00. CAMP is rated AAA by Standard & Poors.

The total net asset value per share is $0.99975 and the total net assets (in millions) is $7,453,000,000.

Weighted average maturity is 22 days and a 7-day yield is 2.95%. 58 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

(d) Investment Valuation
Investments (except for money market accounts, time deposits, and commercial paper) are measured at fair value on a recurring basis. Recurring fair value measurements are those that Governmental Accounting Standards Board (GASB) Statements require or permit in the statement of net position at the end of each reporting period. Fair value measurements are categorized based on the valuation inputs used to measure an assets fair value: Level 1 inputs are quoted prices in active markets for identical assets; Level 2 inputs are significant other observable inputs; Level 3 inputs are significant unobservable inputs. Investment fair value measurements at June 30, 2023 are provided by our custodian bank and described below. There are no securities classified in Level 3. Fair value is defined as the quoted market value on the last trading day of the period. Investments included in restricted cash and investments included money market accounts not subject to fair value measurement.

Investment Type Fair Value Level 1 Level 2 Level 3Securities of U.S. GovernmentTreasury and Agencies:Supra-National Agencies 871,725$ -$ 871,725$ -$ Federal Agency Mortgage Backed Security 220,791 - 220,791 - Federal Agency Commercial Mortgage-Backed Security4,281,806 - 4,281,806 - US Treasuries 47,175,006 - 47,175,006 - Municpal Bonds 1,991,721 - 1,991,721 - Asset Back Securities 20,416,711 - 20,416,711 - Bank Note 404,292 - 404,292 - Corporate Notes 29,085,007 - 29,085,007 - Certificates of Deposit 2,889,989 - 2,889,989 - Total investments subject to fair value 107,337,048$ -$ 107,337,048$ -$ Local Agency Investment Fund 11,755,786$ California Asset Management Program (CAMP) 26,035,965 Money Market 152,085 Total Investments 145,280,884$ Fair Value Measurement UsingInvestments not subject to fair value leveling disclosure:

Treasury securities categorized as Level 1 are valued based on prices quoted in active markets for those securities. Supra National Agencies, Federal Home Loan Banks, Federal Home Loan Mortgage Corporate Notes, Federal National Mortgage Association Notes and Corporate Notes categorized as Level 2 are valued based on matrix pricing which use observable market inputs such as yield curves and market indices that are derived principally from or corroborated by observable market data by correlation to other means.
(e) Interest Rate Risk
As a means of limiting its exposure to fair value losses arising from interest rates, the City's investment policy limits investments to a maximum maturity of five years. 59 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

At June 30, 2023, the City had the following investment maturities:

Investment Type Fair Value Less than 1 1 to 2 2 to 3
U.S. Government securities 47,175,006$ 8,318,754 $ 15,985,072$ 22,871,180$ Supra-National Agency 871,725 - 871,725 - Federal Agency Mortgage-Backed Security 220,791 - - 220,791 Federal Agency Commercial Mortgage-
Backed Security 4,281,806 - - 4,281,806 Municipal Bonds 1,991,721 1,058,378 933,343 - Medium-term corporate notes 29,085,007 785,478 14,489,738 13,809,791 Asset-Backed securities 20,416,711 74,367 2,254,703 18,087,641 Bank Note 404,292 404,292 - - Certificate of Deposit 2,889,989 799,842 2,090,147 - California Local Agency Investment Fund 11,755,786 11,582,325 - - California Asset Management Program 26,035,965 10,227,448 - - Money Market 152,085 146,087 - - Total 145,280,884 $ 33,396,971 $ 36,624,728$ 59,271,209$ Investment Maturities (In Years)

(f) Credit Risk
State law limits investments in commercial paper and corporate bonds to the top two ratings issued by nationally recognized statistical rating organizations (NRSROs). It is the City's policy to limit its investments in these investment types to the top rating issued by NRSROs, including raters Standard & Poor's and Moody's Investor's Service. At June 30, 2023, the City's credit risks, expressed on a percentage basis, were as follows:

S&P's Credit % ofInvestment Type Rating InvestmentsU.S. Government securitiesAA+ 43.95%Supra-National AgencyAAA 0.81%Federal Agency Mortgage-Backed SecurityAA+ 0.21%Federal Agency Commercial Mortgage-Backed SecurityAA+ 3.99%Municipal BondsAAA 0.41%Municipal BondsAA 0.70%Municipal BondsAA- 0.17%Municipal BondsNR 0.58%Medium-term corporate notesAA 2.56%Medium-term corporate notesAA- 3.86%Medium-term corporate notesA+ 3.65%Medium-term corporate notesA 6.30%Medium-term corporate notesA- 8.74%Medium-term corporate notesBBB+ 1.99%Certificate of DepositA+ 0.75%Certificate of DepositA 0.98%Certificate of DepositAA- 0.97%Bank NoteA 0.38%Asset-Backed securitiesAAA 13.87%Asset-Backed securitiesNR 5.15% Total 100%.

Credit Quality Distribution for Securities with Credit Exposure as a Percentage of Total Investments 60 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

(g) Custodial Credit Risk
For an investment, custodial credit risk is the risk that, in the event of the failure of the counterparty, the City will not be able to recover the value of its investments or collateral securities that are in the possession of an outside party. None of the City's investments were subject to custodial credit risk.

NOTE 5 - MEASURE W SALES TAX
In November 2018, voters approved Measure W effective April 1, 2019 which replaced prior sales tax Measure C, adding a 1% sales tax to the City of Antioch sales tax rate, maintained the established oversight committee under Measure C and extended the tax 20 years from the operative date. This is a general sales tax measure and can be spent on any General Fund purpose as directed by the City Council. For funds received during fiscal year 2023, the Council directed uses and actual spent are as follows:

Spent
Funding Category Fiscal 2023
Police 14,032,345 $
Code Enforcement Staffing 1,751,810
Recreation 2,820,962
Youth Network Services 734,088
Community Development Staffing 153,446
Public Works Staffing 571,008
Human Resources Staffing 116,780
Finance Staffing 120,806
Total 20,301,245$
NOTE 6 - INTERFUND RECEIVABLES, PAYABLES AND TRANSFERS
(a) Current Balances
Current balances are expected to be repaid in the normal course of business during the following fiscal year. The Citys balances represent loans to cover temporary shortages of cash in individual funds.

The composition of interfund balances as of June 30, 2023, is as follows:

Due From Other FundsDue to Other FundsGeneral FundNonmajor Governmental Funds 732,311$ 732,311$

61 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

(b) Transfers to/from Other Funds
Transfers are indicative of funding for capital projects, lease payments or debt service, subsidies of various City operations and re-allocations of special revenues. The following schedule summarizes transfers between funds. The most significant transfers which occurred were: $1,010,000 from the Gas Tax Special Revenue Fund and $1,893,893 from the Street Impact Special Revenue Fund to the General Fund to pay for street maintenance and $4,110,254 from the General Fund to the Recreation Special Revenue Fund and $1,733,670 to the Animal Control Special Revenue Fund to subsidize operations.

Major FundNonmajorGeneral Governmental Water Sewer Marina InternalFund Funds Enterprise Enterprise Enterprise Service TotalGeneral Fund $ - $ 9,460,858 $ - $ - $ 585,000 $ - $ 10,045,858 Nonmajor: Governmental Funds 4,385,010 197,541 - - - - 4,582,551 Water Enterprise - 45,489 - - - 269,190 314,679 Sewer Enterprise - 45,489 - - - 269,190 314,679 Total $ 4,385,010 $ 9,749,377 $ - $ - $ 585,000 $ 538,380 $ 15,257,767 Transfers In NOTE 7 - LEASE RECEIVABLES
The City is a lessor for several leases of land and/or infrastructure. The City recognizes lease receivables and deferred inflows of resources in the government-wide, governmental fund and proprietary fund financial statements. At the commencement of a lease, the City initially measures the lease receivable at the present value of payments expected to be received during the lease term. Subsequently, the lease receivable is reduced by the principal portion of lease payments received. The deferred inflow of resources in initially measured as the initial amount of the lease receivable, adjusted for lease payments received at or before the lease commencement date. Subsequently, the deferred inflow of resources is recognized as revenue over the life of the lease term.

The City uses an incremental borrowing rate determined by a combination of applicable market rate and a credit spread based on market data points as the discount rate to discount expected lease receipts to present value. The lease term includes the non-cancellable period of the lease.

The City monitors changes in circumstances that would require a remeasurement of its leases, and will remeasure lease receivables and deferred inflows of resources if certain changes occur that are expected to significantly affect the amount of lease receivables.
62 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

The City is reporting leases receivable of $5,591,009 as of June 30, 2023. During 2023 the City reported lease revenue of $619,151 and interest revenue of $101,813 related to lease payments received. These leases are summarized as follows:

Lease Lease
Payment Interest Receivable Receivable Deferred
Description Date Terms Rate July 1, 2022 Additions Reductions June 30, 2023 Inflows American Tower 4506 Via Dora 07/01/2021 64 months 1.0590% $ 130,947 $ - $ (28,211) $ 102,736 $ 98,842 AT&T 4506 Via Dora 07/01/2021 183 months 1.9910% 427,799 - (20,112) 407,687 388,757 AT&T Cache Peak 07/01/2021 119 months 1.6040% 356,267 - (34,211) 322,056 311,652 AT&T James Donlon 07/01/2021 119 months 1.6040% 258,507 - (24,633) 233,874 225,968 TMobile City Park 07/01/2021 148 months 1.7590% 377,843 - (24,931) 352,912 337,108 Vertical Bridge Empire Mine 7202 07/01/2021 44 months 0.8930% 67,461 - (24,340) 43,121 42,443 TMobile 4350 Wild Horse 07/01/2021 147 months 1.7590% 563,180 - (33,069) 530,111 497,726 CCATT 401 Putnam 07/01/2021 191 months 2.0680% 437,984 - (19,014) 418,970 399,218 TMobile - James Donlon 07/01/2021 59 months 1.0590% 74,654 - (18,368) 56,286 55,684 American Tower 8556 07/01/2021 75 months 0.3870% 530,738 - (100,263) 430,475 428,955 Crown Castle 75 Walton Lane-
Annual
07/01/2021 181 months 1.9910% 300,314 - (71,785) 228,529 228,216 Mesa Billboard 07/01/2021 278 months 2.5220% 899,693 - (278,569) 621,124 608,182 Crown Castle 75 Walton Lane-
Monthly
07/01/2021 145 months 1.1116% 328,964 - (23,627) 305,337 289,457 Vertical Bridge Empire Mine 7055 07/01/2021 105 months 0.9810% 391,010 - (43,784) 347,226 330,439 CCTMO 4506 Via Dora 07/01/2021 213 months 2.223% 464,848 - (15,064) 449,784 427,707 Crown Castle 4508 Cache Peak 07/01/2021 202 months 2.146% 451,469 - (17,630) 433,839 413,084 Mobilitie Pole 1 07/01/2021 146 months 1.1116% 28,905 - (2,097) 26,808 25,851 Mobilitie Pole 2 07/01/2021 145 months 1.1116% 28,905 - (2,097) 26,808 25,816 Mobilitie Pole 5 07/01/2021 146 months 1.1116% 31,060 - (2,014) 29,046 27,843 Mobilitie Pole 6 07/01/2021 146 months 1.1116% 31,060 - (2,014) 29,046 27,843 Golf Course 07/01/2022 132 months 2.9910% - 212,290 (17,056) 195,234 192,991 Total Governmental Activites $ 6,181,608 $ 212,290 $ (802,889) $ 5,591,009 $ 5,383,782 Twin Rivers Insurance 07/01/2021 78 months 0.893% $ 191,891 $ - $ (191,891) $ - $ - Total Business-type Activites $ 191,891 $ - $ (191,891) $ - $ - Governmental Activities
Business-type Activities

Principal and interest expected to maturity are as follows:

Year ending
June 30: Principal Interest
2024 505,644$ 95,602 $
2025 516,648 88,506
2026 516,220 81,265
2027 502,433 73,875
2028 432,873 66,557
2029-2033 1,949,842 222,095
2034-2038 914,240 76,587
2039-2043 206,659 17,456
2044-2045 46,450 785
Total 5,591,009$ 722,728 $
Governmental Activities
63 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

NOTE 8 - LOANS RECEIVABLE
The composition of the City's governmental activities loans receivable including interest as of June 30, 2023 is as follows:

Rental and Housing Rehabilitation Loans 2,062,095$
Multi-unit Rental Rehabilitation Loans:

West Rivertown Apartments/Eden Housing Project 7,660,278 Antioch Recap Scattered Site Project 4,096,395
Hillcrest Terrace Project 1,599,570
Tabora Gardens 4,279,663
NSP Loans 16,935
Other loans 595,000
Allowance (265,710)
Total governmental activities (net) 20,044,226$
(a) Rental and Housing Rehabilitation Loans
The City administers rental and home improvement revolving loan funds using federal Community Development Block Grant (CDBG) funds and prior to 2013, redevelopment funds. The program provides below market rate loans, secured by deeds of trust, to eligible participants for rental and housing rehabilitation. Although payments for most loans are amortized over an established payment schedule, some loans allow for deferred payment of accrued interest and principal until the homeowner's property is sold or transferred, primarily for seniors and very low-income families. Repayments received from the outstanding loans are used to make additional rental and housing rehabilitation loans. Principal and interest outstanding balances at June 30, 2023 are $2,062,095. (b) Multi-Unit Rental Rehabilitation Loans
The City administers the following multi-unit rental improvement revolving loan funds using federal CDBG funds and prior to 2012, Antioch Development Agency Housing Set Aside monies.

West Rivertown Apartments/Eden Housing Project
The City and Agency have entered into three loan agreements with Eden Housing for the development of the West Rivertown Apartments. The agreements are as follows:

This project is the construction of a 57-unit, affordable housing townhouse development in the City's downtown with financing assistance from the Agency and several other agencies. In May 2000, the Agency entered into a disposition, development and loan agreement with Eden Rivertown Limited Partnership (the Developer). Under the terms of the loan agreement, the Developer must repay up to $3,601,686 (maximum loan amount) to the Agency, which includes the purchase of the land from the Agency. The loan bears an interest rate of 3% per annum. The Developer is required to make annual payments of principal and interest to the Agency in the amount of 100% of residual receipts, less the portion of the residual receipts that is owed to Contra Costa County. Payments are to begin the July 1st after project completion and will end on the 55th anniversary date of the Agency promissory note dated February 11, 2002. Principal and interest outstanding at June 30, 2023 is $5,769,529. 64 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

In 1994, the City loaned Community Housing Opportunities (CHOC) $203,755 for the acquisition of property. CHOC determined that their planned development of this property was no longer feasible, and in November 2005, the City, the Agency, and CHOC agreed to the transfer of ownership of the property and loan to Eden Housing for the development of 40 units of affordable housing to expand the West Rivertown Project in the Citys downtown. In order to complete the project, the Agency agreed to loan Eden Housing an additional $1,458,400. The loan for $203,755 is non-interest bearing and all principal and interest payments are deferred and will be forgiven at the expiration of the term. The loan for $1,458,400 bears an interest rate of 3% per annum and will end on the 55th anniversary date of the issuance of certificates of occupancy by the City. Principal and interest outstanding on this loan at June 30, 2023 is $1,686,994.

Antioch Recap Scattered Site Project
In November 2018, the City entered into a restructured loan agreement with Antioch Recap, L.P. The restructured loan agreement combines the existing Terrace Glen and Pinecrest Apartment loans into a single note and development project evidenced by a secured deed of trust. This development project consists of rehabilitating a 32-unit, multifamily rental housing development (Terrace Glen) and a 24- residential unit development (Pinecrest Apartments). Commencing November 1, 2018, the loan accrues simple interest at 3.22% compounding annually. Commencing on June 1, 2020, and on June 1 of each year thereafter, the borrower will pay the City's/Agency's pro-rata percentage of the lender's share of residual receipts to the extent there are residual receipts. Payments will be first credited against accrued interest and then against principal. Any outstanding principal and interest is due and payable no later than the 55th anniversary of the completion date of the rehabilitation project. Principal and interest outstanding at June 30, 2023 is $4,096,395.

Hillcrest Terrace Project
This project consists of a 65-unit affordable senior housing project. In October 1998, the former redevelopment agency made a commitment for $731,175 in housing set-aside funds towards this project.

Commencing on the first date of disbursement, the loan accrues simple interest at 3% per annum. The 55- year term loan is secured by a deed of trust. Commencing on the June 1 after project completion, and on June 1 of each year thereafter, the developer will pay the Agency one-half of the residual receipts to the extent there is residual receipts. Payments will be first credited against accrued interest and then against principal. Any outstanding principal and interest is due and payable in full in June 2055. In September 2001, the Agency made a commitment of an additional $200,000 due and payable October 1, 2038. Principal and interest outstanding for these loans at June 30, 2023 is $1,599,570.

Tabora Gardens
This project consists of acquisition and development of 85 units of senior, multifamily housing affordable to low income households. On June 6, 2011, the former redevelopment agency made a commitment for $300,000 in housing set-aside funds toward this project. On September 1, 2016, the City and Housing Successor amended the loan agreement to provide $819,639 in additional funding for the project.

Commencing on the first date of disbursement, the loan accrues simple interest at 3% per annum. The 63- year loan term is secured by a deed of trust. The loan is fully deferred and payment in full, including interest, is due upon expiration of the term. Principal and interest outstanding at June 30, 2023 is $4,279,663. 65 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

NSP Loans
The City provides loans of CDBG Neighborhood Stabilization Program funds to low and moderate income eligible persons that purchase homes through the NSP program implemented by Heart and Hands of Compassion. The loans are to assist in the purchase of the properties. The loans expire 30 years from the date of the notes, and payments of principal and interest are deferred until the end of the term. The unpaid principal balance, plus any shared appreciation, is due and payable upon expiration of the term, transfer of the property, or default. As of June 30, 2023, there is one loan outstanding totaling $16,935. (c) Other Loans
The Agency administers a first time homebuyer loan program for qualified applicants. Principal is due at the end of 30 years or upon default, refinancing, sale or transfer of the property. The Agency is also entitled to a pro-rata share of appreciation on the property when the principal is paid. As of June 30, 2023, there is $595,000 of loans outstanding.
66 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

NOTE 9 - CAPITAL ASSETS
Capital asset activity for the year ended June 30, 2023 was as follows:

BalanceAs Restated BalanceJuly 1, 2022 Additions Reductions June 30, 2023Governmental activitiesCapital assets, not being depreciated Land 16,813,652$ -$ -$ 16,813,652$ Construction in progress 4,514,141 2,033,154 2,515,579 4,031,716 Total capital assets, not being depreciated 21,327,793 2,033,154 2,515,579 20,845,368 Capital assets, being depreciated Infrastructure 433,474,829 4,548,572 - 438,023,401 Structures and improvements 109,023,761 2,432,502 - 111,456,263 Equipment 22,889,140 2,978,498 98,000 25,769,638 Intangible right-to-use assets - 5,122,943 - 5,122,943 Total capital assets, being depreciated 565,387,730 15,082,515 98,000 580,372,245 Less accumulated depreciation for: Infrastructure (221,163,953) (8,289,905) - (229,453,858) Structures and improvements (50,224,163) (2,330,478) - (52,554,641) Equipment (15,593,882) (1,366,896) 98,000 (16,862,778) Less accumulated amortization for: Intangible right-to-use assets - (886,676) - (886,676) Total accumulated depreciation and amortization (286,981,998) (12,873,955) 98,000 (299,757,953) Total capital assets, being depreciated, net 278,405,732 2,208,560 - 280,614,292 Governmental activities capital assets, net 299,733,525$ 4,241,714$ 2,515,579$ 301,459,660$ Business-type activitiesCapital assets, not being depreciated Land 1,486,737$ -$ -$ 1,486,737$ Construction in progress 50,870,980 49,658,541 1,215,437 99,314,084 Total capital assets, not being depreciated 52,357,717 49,658,541 1,215,437 100,800,821 Capital assets, being depreciated Water and sewer pipes 150,643,889 2,971,798 - 153,615,687 Structures and improvements 89,878,653 1,215,436 - 91,094,089 Equipment 4,380,199 479,970 - 4,860,169 Intangible right-to-use assets 920,860 - - 920,860 Total capital assets, being depreciated 245,823,601 4,667,204 - 250,490,805 Less accumulated depreciation for: Water and sewer pipes (42,186,587) (2,048,210) - (44,234,797) Structures and improvements (55,797,293) (2,437,215) - (58,234,508) Equipment (3,762,506) (166,656) - (3,929,162) Less accumulated amortization for: Intangible right-to-use assets (58,928) (276,280) - (335,208) Total accumulated depreciation and amortization (101,805,314) (4,928,361) - (106,733,675) Total capital assets, being depreciated, net 144,018,287 (261,157) - 143,757,130 Business-type activities capital assets, net 196,376,004$ 49,397,384$ 1,215,437$ 244,557,951$ 67 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

Construction in Progress
Construction in progress for governmental activities primarily represents work being performed on City Hall modifications, pavement preventative maintenance and L Street improvements.

Construction in progress for business type activities primarily represents work performed on water main replacement, and the brackish water desalination plant.

Depreciation and Amortization
Depreciation and amortization expense was charged to governmental functions as follows:

General government 335,819$ Public works 9,117,661 Public safety 1,303,267 Parks and recreation 1,059,753 Community development 318,781 Depreciation and amortization of capital assets held by the City's Internal Service Fund 738,674 Total depreciation and amortization expense - governmental functions 12,873,955$ Depreciation and amortization expense was charged to business-type activities functions as follows:Water 2,745,253$ Sewer 1,781,910 Marina 401,198 Total depreciation and amortization expense - business-type functions 4,928,361$ NOTE 10 - SUBSCRIPTION-BASED INFORMATION TECHNOLOGY ARRANGEMENTS The City has entered into subscription-based information technology arrangements (SBITAs) involving:

Public safety gun detection software (5-year contract ending 3/14/28) Geographical Interface System (GIS) software (3-year contract ending 6/30/26) Microsoft licenses software (3-year contract ending 5/31/26) Building permit software (3-year contract ending 6/30/24) Public Safety analytic software (3year contract ending 3/31/24) Asset management software (3-year contract ending 5/1/24) The total costs of the Citys subscription assets are recorded as $3,239,317, less accumulated amortization of $888,000.
68 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

The future subscription payments under SBITA agreements are as follows:

Year ending June 30: Principal Interest Total2024 821,664$ 54,949$ 876,613$ 2025 474,558 34,954 509,512 2026 475,465 22,005 497,470 2027 271,044 8,958 280,002 Total 2,042,731$ 120,866$ 2,163,597$ Subscriptions

The City has no deferred outflows of resources related to SBITAs as there are no variable payments as part of the subscription liability.

NOTE 11 - LONG-TERM OBLIGATIONS
Changes in long-term obligations for the year ended June 30, 2023 are as follows:

Amount
Balance Balance Due Within
July 1, 2022 Increases Decreases June 30, 2023 One Year Governmental Activities
Lease Revenue Bonds 2,525,000 $ - $ (235,000)$ 2,290,000$ 240,000 $ Unamortized Premium 308,402 - (34,266) 274,136 - Leases - 2,318,332 (214,781) 2,103,551 1,126,086 Claims Liability (Note 20) 1,885,694 1,334,170 (607,203) 2,612,661 495,258 Compensated Absences 3,306,744 534,771 (517,706) 3,323,809 332,381 Total Governmental Activities 8,025,840$ 4,187,273 $ (1,608,956)$ 10,604,157$ 2,193,725 $ Business-type Activities
Loans from direct borrowings 11,217,182$ 34,157,126 $ (312,299) $ 45,062,009$ 94,657 $ Long Term Payable -
Delta Diablo Recycled Water Program 2,934,463 - (306,671) 2,627,792 309,040 Leases 432,259 - (54,086) 378,173 54,877 Compensated Absences 570,401 75,782 (69,849) 576,334 57,633 Total Business-type Activities 15,154,305$ 34,232,908 $ (742,905) $ 48,644,308$ 516,207 $

69 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

(a) Long-Term Debt Composition
Long-term debt at June 30, 2023, consisted of the following:

Final Annual Principal Interest Original Issue Outstanding at Type of Indebtedness (Purpose) Maturity Installment Rates Amount June 30, 2023 Governmental Activities:

Lease Revenue Bonds:
2015A Issue - ABAG Golf Course 5/1/31 $334,750-347,167 2.00-5.00% 3,840,000$ 2,290,000 $ Total lease revenue bonds 3,840,000 2,290,000
Leases Payable:

Building Lease 4/24/25 $211,109-1,121,068 2.99% 2,292,309 2,081,199 Equipment Lease 8/1/27 $1,391-5,466 2.86% 26,023 22,352 Total leases payable 2,318,332 2,103,551
Total governmental activities 6,158,332 4,393,551 Business-type Activities:

Loans Payable:

State of California Antioch Marina Loan 8/1/43 $7,655-122,321 4.7-7.9% 6,500,000 1,927,367 SWRCB Installment Sale Agreement 7/31/53 $1,493,500-2,226,413 1.40% 8,977,516 43,134,642 Total loans payable 15,477,516 45,062,009
Lease Payable:

Building Lease 9/30/29 $54,087-64,200 1.45% 486,154 378,173 Long Term Payable:

Delta Diablo Recycled Water Program 12/31/30 $248,176-328,465 0.077-4.25% 5,040,423 2,627,792 Total business-type activities 21,004,093 48,067,974 Total primary government 27,162,425 $ 52,461,525 $

(b) Long-Term Obligation Activity
The Citys direct borrowings related to business-type activities of $45,062,009 consist of a State of California Department of Boating and Waterways (DBW) Marina loan in the amount of $1,927,367 secured by gross revenues of the project area, and an installment sale agreement in the amount of $43,134,642 with the State Water Resources Control Board (SWRCB) secured by a pledge and lien of Water Fund net revenues. The outstanding loan from the DBW contains a provision that if the City remains in breach of any of the provisions of the loan contract after 90 days written notice, the Director of the DBW may take possession and operate or maintain the Citys Marina until the loan is repaid in full with the income received from the Marina during this time applied to the reduction of interest and principal of the loan. The outstanding installment sale agreement from SWRCB contains a provision that in the event of default, the entire principal amount of the unpaid installment payments and the accrued interest thereon shall automatically become due and payable immediately and may be required to pay interest at the highest legal rate on all of the foregoing.

Internal service funds predominantly serve the governmental funds. Accordingly, long-term liabilities for them are included as part of the above totals for governmental activities. For the governmental activities, claims and judgments are generally liquidated by the General Fund, and a majority of compensated absences are generally liquidated by the General Fund.
70 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

(c) Debt Service Requirements Governmental Activities As of June 30, 2023, annual debt service requirements of governmental activities to maturity are as follows:

Year ending June 30: Principal Interest Principal Interest 2024 240,000$ 101,500$ 1,126,086$ 47,518 $ 2025 255,000 89,500 965,294 13,643 2026 265,000 76,750 5,312 292 2027 280,000 63,500 5,466 138 2028 295,000 49,500 1,393 10 2029-2032 955,000 64,000 - - Total 2,290,000$ 444,750 $ 2,103,551$ 61,601 $ Lease Revenue Bonds Leases Payable

Lease Revenue Bonds
On February 11, 2015, the Antioch Public Financing Authority (Authority) issued $23,155,000 in Lease Revenue Refunding Bonds (Municipal Facilities Project), Series 2015A with interest rates ranging between 2% and 5%. The Authority issued the bonds to refund the entire $4,740,000 of the outstanding ABAG 2001 Lease Revenue Bonds and $21,505,000 of the outstanding 2002 A&B Lease Revenue Refunding Bonds. $19,315,000 of the par amount of bonds issued are secured by the Successor Agency to the Antioch Development Agency and are therefore excluded from the government-wide statement of net position.

Refer to Note 21 for disclosure regarding that portion. $3,840,000 of the par amount of bonds issued are an obligation of the City. The refunding reduced total debt service payments over the next 17 years by $1,117,618. This results in an economic gain (difference between the present value of debt service payments on the old and new debt) of $994,284.

Principal and interest payments on the lease revenue bonds are payable from any revenue lawfully available to the City for the purpose of payment of Base Rental Payments. The total principal and interest remaining to be paid on the bonds is $2,734,750. Principal and interest payments began in November 2015.

Leases Payable
On April 24, 2023, the City entered into a 24 month lease as lessee for the use of Antioch Executive Inn as transitional housing known as Opportunity Village. An initial lease liability was recorded in the amount of $2,081,199. The City is required to make fixed monthly payments of $97,333. The lease has an interest rate of 2.989%. The value of the right to use asset as of June 30, 2023 is $2,292,309 with accumulated amortization of $211,258. The lease asset is amortized on a straight-line basis over its useful life.

On August 1, 2022, the City entered into a 60 month lease for use of a Folder Inserter machine. An initial lease liability was recorded in the amount of $26,023. As of June 30, 2023 the value of the lease liability is $22,352. The City is required to make quarterly payments of $1,401. The lease has an interest rate of 2.862%.

The value of the right-to-use lease asset as of June 30, 2023 is $26,023 with accumulated amortization of $4,771. The lease asset is amortized on a straight-line basis over its useful life.

The City uses the interest rate charged by the lessor as the discount rate. When the interest rate charged by the lessor is not provided, the City uses an incremental borrowing rate determined by a combination of applicable market rate and a credit spread based on market data points. The lease term includes the non- cancellable period of the lease.
71 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

Lease assets are reported with other capital assets and lease liabilities are reported with long-term obligations on the statement of net position.
(d) Debt Service Requirements Business- type Activities As of June 30, 2023, annual debt service requirements of business-type activities to maturity are as follows:

Year ending
June 30: Principal Interest Principal Interest Principal Interest 2024 309,040$ 24,894 $ 94,657$ 327,805$ 54,877 $ 5,123 $ 2025 311,510 22,423 1,265,766 686,357 58,843 4,306 2026 314,088 19,845 1,286,553 665,570 60,766 3,434 2027 316,778 17,156 1,307,770 644,354 61,653 2,546 2028 318,809 14,350 1,329,427 622,696 62,554 1,646 2029-2033 1,057,567 26,824 6,988,352 2,772,263 79,480 771 2034-2038 - - 7,492,714 2,159,222 - - 2039-2043 - - 7,360,260 1,569,369 - - 2044-2048 - - 7,813,862 1,039,808 - - 2049-2053 - - 8,376,363 477,307 - - 2054 - - 1,746,285 24,448 - - Total 2,627,792$ 125,492 $ 45,062,009$ 10,989,199$ 378,173 $ 17,826$ Long Term Payable Loans from Direct Borrowings Lease Payable

Loans Payable
In 1984, the Department of Boating and Waterways provided a series of construction loans to the City and former Antioch Development Agency for the planning and construction of the Antioch Marina through the Harbors and Watercraft Revolving Fund. Principal and interest are due annually.

In February 2017, the City signed a loan agreement with the State Water Resources Control Board for a planning loan up to $1,000,000 for a Brackish Water Desalination Plant project. The final loan amount was $1,000,000. The loan bears interest at a rate of 1.6%, with a five-year loan repayment period from 2019 to 2023. Principal and interest were fully repaid during fiscal year 2023.

In January 2019, the City entered into a construction installment sale agreement with the State Water Resources Control Board for project funding up to $55,000,000 for a Brackish Water Desalination Plant project. The loan bears interest at a rate of 1.4%, with a 30-year repayment period. As of June 30, 2023, the City has only drawn $43,134,642 of available funding. Interest payments began in 2022 and principal and interest will be due annually upon completion of the project, with payment estimated to begin in July 2024. 72 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

Long Term Payable Delta Diablo Recycled Water Program The City entered into a Joint Powers Agreement with Delta Diablo (the District) in November 2003 for the District to develop a recycled water program within City limits. As part of this agreement, the District would design, construct, own, operate and regulate all recycled water facilities to provide recycled water within the City of Antioch. The City would be responsible for 50% of the project cost, up to $5,000,0000 in principal with associated interest, of a loan the District obtained from the State Water Resources Control Board to complete the project. The project was completed in July 2011 with additional costs of $1,102,272 incurred over the amount financed through SWRCB that were the responsibility of the City. This additional amount was financed through a note payable due to Delta Diablo at a rate of 4.25% payable monthly over 20 years. The City began paying a proportionate share of the project costs in December 2011 for the SWRCB loan and in July 2012 for the note payable. The total due at June 30, 2023 is $2,627,792 representing the total share of principal and interest outstanding on the SWRCB loan the District obtained and the principal of the note payable to Delta Diablo.

Lease Payable
On July 1, 2021, the City entered into a 99 month lease as lessee for the use of a building for Public Works staff. An initial lease liability and intangible right-to-use lease asset was recorded in the amount of $486,154 in the Sewer Enterprise Fund. The City recognizes lease liabilities with an initial, individual value of $25,000 or more. At the commencement of a lease, the City initially measures the lease liability at the present value of payments expected to be made during the lease term. Subsequently, the lease liability is reduced by the principal portion of the lease payments made. The lease asset is initially measured as the initial amount of the lease liability, adjusted for lease payments made at or before the lease commencement date, plus certain initial direct costs. Subsequently, the lease asset is amortized on a straight-line basis over its useful life.

Lease assets are reported with other capital assets and lease liabilities are reported with long-term obligations on the statement of net position.

As of June 30, 2023, the value of the lease liability is $378,173. The City is required to make monthly fixed payments of $5,000. The lease has an interest rate of 1.4510%. The value of the right-to-use lease asset as of June 30, 2023, was $486,154 with accumulated amortization of $117,856. The City has one extension option for 60 months.
(e) Legal Debt Limit
As of June 30, 2023, the City's debt limit and legal debt margin (15% of valuation subject to taxation) was $2,223,274,950.
73 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

NOTE 12 - NET POSITION/FUND BALANCES
(a) Net Position
The government-wide and proprietary fund financial statements utilize a net position presentation. Net position is categorized as net investment in capital assets, restricted and unrestricted.

Net Investment in Capital Assets - This category groups all capital assets, including infrastructure, into one component of net position. Accumulated depreciation and the outstanding balances of debt that are attributable to the acquisition, construction or improvement of these assets reduce the balance in this category.

Restricted - This category presents external restrictions imposed by creditors, grantors, contributors or laws or regulations of other governments and restrictions imposed by law through constitutional provisions or enabling legislation. The following amounts of net position are restricted by enabling legislation: $134,358 pursuant to State Assembly Bill 1900 which restricts the use of funds for protection of tidelands areas; $162,535 pursuant to State Assembly Bill 1186 which restricts the use of funds for increasing disability access and compliance with construction-related accessibility requirements.

Unrestricted - This category represents the portion of net position of the City, not restricted for any project or other purpose.
(b) Adjustments to and Restatements of Beginning Balances During fiscal year 2023, implementation of an accounting standard and an error correction resulted in adjustments to and restatements of beginning net position and fund net position, as follows:
6/30/2022 ImplementationAs Previously of Accounting Error 6/30/2022Reported Standard Correction As RestatedGovernment-Wide Business-Type Activities 271,200,067$ 282,720$ -$ 271,482,787$ Total Primary Government 271,200,067$ 282,720$ -$ 271,482,787$ Governmental Funds Nonmajor Funds 66,283,616$ -$ (4,363,664)$ 61,919,952$ Proprietary FundsMajor Funds: Water 192,325,253$ 141,360$ -$ 192,466,613$ Sewer 75,492,649 141,360 - 75,634,009 Total Proprietary Funds267,817,902$ 282,720$ -$ 268,100,622$ The restatement of $282,720 in the Government-Wide Business-Type Activities and proprietary funds is due to the implementation of GASB 96, Subscription-Based Technology Agreements, resulting in the recognition of subscription assets and liabilities at the beginning of the reporting period.

The restatement of ($4,363,664) in the nonmajor governmental funds is due to the correction of an accounting error in the prior period for housing loans interest accruals which should be recorded as deferred inflows of resources on the governmental fund financial statements. 74 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

(c) Fund Balances
Fund balances, presented in the governmental fund financial statements, represent the difference between assets and deferred outflows less liabilities and deferred inflows reported in a governmental fund. In fiscal year 2011, the City implemented the provisions of GASB Statement No. 54, Fund Balance Reporting and Governmental Fund Type Definitions. GASB 54 establishes criteria for classifying fund balances into specifically defined classifications and clarifies definitions for governmental funds. Fund balances are classified into categories based upon the type of restrictions imposed on the use of funds.

As of June 30, 2023, components of fund balance are described below:

Nonspendable portion of net resources that cannot be spent because of its form (i.e., long term loans, prepaids).

Restricted portion of net resources that are limited in use by grantors, laws or enabling legislation.

Committed portion of net resources that are limited to the use as established by formal action of the City Council. Committed fund balance can only be modified or rescinded by formal action of the City Council through resolution.

Assigned portion of net resources held for the use as established by the City Manager or his designee.

The City Council has granted this authority to the City Manager through resolution.

Unassigned portion of net resources that represents amounts in excess of the other fund balance components. Only the General Fund can have a positive unassigned fund balance.

The City spends restricted fund balances first when expenditures are incurred for purposes for which both restricted and unrestricted (committed, assigned, or unassigned) amounts are available. Committed and assigned fund balances are considered to have been spent first before unassigned fund balances have been spent when expenditures are incurred for the purposes for which amounts in any of those unrestricted fund balance classifications could be used.
75 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

The following represents the components of fund balance for governmental funds:

Non-Major
General American Governmental
Fund Rescue Plan Funds Total
Nonspendable:

Petty cash and prepaids 163,174 $ - $ 167,451$ 330,625$ Total nonspendable 163,174 - 167,451 330,625 Restricted for:

Housing & Development - - 22,053,218 22,053,218 Disability Access - - 162,535 162,535 Debt Service - - 226 226 Public Facilities - - 8,950,211 8,950,211 Streets - - 20,558,307 20,558,307 Animal Services - - 59,450 59,450 PEG Programming - - 374,360 374,360 Storm Channels - - 3,990,401 3,990,401 Landscape Maintenance - - 3,556,165 3,556,165 Tidelands Areas - - 134,358 134,358 Law Enforcement - - 522,408 522,408 Traffic Safety - - 23,042 23,042 Abandoned Vehicle - - 787,671 787,671 Opioid Abatement - - 44,694 44,694 Total restricted - - 61,217,046 61,217,046 Committed to:

Compensated absences 150,338 - - 150,338 Litigation/Insurance 500,000 - - 500,000 General Plan/Tech Fees 886,493 - - 886,493 Parks - - 2,930,652 2,930,652 Landscape Maintenance - - 234,752 234,752 Arts & Cultural Activities - - 309,148 309,148 Recreation Programs - - 502,863 502,863 Field Maintenance - - 906,608 906,608 Memorial Field Maintenance - - 21,864 21,864 Road Repair - - 582,653 582,653 Waste Reduction - - 261,434 261,434 Youth Activities - - 196,027 196,027 Traffic Signals - - 659,985 659,985 Post Retirement Medical - - 1,236,999 1,236,999 Total committed 1,536,831 - 7,842,985 9,379,816 Assigned to:

Contractual Services/Projects 7,160,654 239,956 - 7,400,610 Parks & Recreation - - 60,853 60,853 Capital Projects - - 5,444,116 5,444,116 Community Projects/Unfunded
Liabilities 38,325,278 - - 38,325,278 Community Benefit Prog. - - 41,452 41,452 AD 26 - - 389,610 389,610 AD 27 - - 276,163 276,163 Total assigned 45,485,932 239,956 6,212,194 51,938,082 Unassigned 29,039,268 - (737,691) 28,301,577 Total fund balances 76,225,205$ 239,956 $ 74,701,985$ 151,167,146$ Major Fund
76 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

The City has established a fund balance policy for the General Fund requiring that the minimum unassigned fund balance be at least 20% of General Fund operating revenues (including transfers). As of June 30, 2023, unassigned fund balance was 33% of total operating revenues.

NOTE 13 - PENSION PLANS OVERVIEW
The City of Antioch has three pension plans: Miscellaneous Pension Plan; Safety Pension Plan; and Supplementary Retirement Plan. Information about each plan and its provisions follow in notes 14-16. A summary table of the plans related net pension liabilities and deferrals follows to aid in financial reporting reconciliation to the government-wide statements.

Net Pension LiabilityPension Related AmountsContributions After Measurement DateDeferred Inflows of ResourcesPension ExpenseMiscellaneous Plan 64,399,137$ 9,631,779$ 7,597,672$ 874,001$ 7,019,116$ Safety Plan 71,414,539 23,904,323 8,523,189 4,177,287 3,293,464 Police Supplementary Plan389,929 151,375 - - 54,736 Total 136,203,605$ 33,687,477$ 16,120,861$ 5,051,288$ 10,367,316$ Deferred Outflows of Resources

NOTE 14 - PENSION PLAN - MISCELLANEOUS
(a) General Information about the Miscellaneous Pension Plan Plan Description - All permanent non-safety employees are eligible to participate in the Miscellaneous Plan of the Public Employees' Retirement Fund (the Fund) of California Public Employees Retirement System (CalPERS). The Fund is an agent multiple-employer defined benefit plan administered by CalPERS that acts as a common investment and administrative agent for various local and state governmental agencies within the State of California. The fund provides retirement, disability, and death benefits based on the employees' years of service, age and final compensation. Employees vest after five years of service and may receive retirement benefits at the age of 55 for miscellaneous employees. These benefit provisions and all other requirements are established by State statute and City ordinance. CalPERS issues publicly available reports that include a full description of the pension plans regarding benefit provisions, assumptions and membership information that can be found on the CalPERS website. Copies of the Fund's annual financial report may be obtained from CALPERS' executive office: 400 P Street, Sacramento, CA 95814. A separate report for the City's plan within the Fund is not available.

Benefits Provided - CalPERS provides service retirement and disability benefits, annual cost of living adjustments and death benefits to plan members, who must be public employees and beneficiaries.

Benefits are based on years of credited service, equal to one year of full time employment. Members with five years of total service are eligible to retire at age 50 with statutorily reduced benefits. All members are eligible for non-duty disability benefits after 10 years of service. The death benefit is one of the following:
the Basic Death Benefit, Lump Sum, or the 1959 Survivor Benefit. The cost of living adjustments for each plan are applied as specified by the Public Employees Retirement Law. 77 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

The Plans provisions and benefits in effect at June 30, 2023, are summarized as follows:

Miscellaneous Plan
Hire Date

Prior to
November 9,
2007
On or After
November 9,
2007 and prior
to January 1,
2013
On or after
January 1,
2013
Benefit Formula 2.7% @ 55 2.7% @ 55 2.0% @ 62
Benefit Vesting Schedule 5 years of service 5 years of service
5 years of
service
Benefit Payments Monthly for life Monthly for life Monthly for life
Retirement Age 50-55 50-55 52-67
Monthly Benefits, as a % of Eligible
Compensation

2.0%-2.7% 1.426%-2.418% 1.0%-2.5%
Required Employee Contribution
Rates
8% 8% 7.0%
Required Employer Contribution
Rates

11.85% 11.85% 11.85%
Required Unfunded Accrued
Liability Contribution
$5,129,534 $0 $0
Employees Covered At June 30, 2023, the following employees were covered by the benefit terms for the Miscellaneous Plan:

Miscellaneous Plan
Inactive employees or beneficiaries currently receiving benefits 363 Inactive employees entitled to but not yet receiving benefits 155 Active employees 213
Total 731
Contributions Section 20814 (c) of the California Public Employees Retirement Law requires that the employer contribution rates for all public employers be determined on an annual basis by the actuary and shall be effective on the July 1 following notice of a change in the rate. Funding contributions for the Plan is determined annually on an actuarial basis as of June 30 by CalPERS. The actuarially determined rate is the estimated amount necessary to finance the cost of benefits earned by employees during the year, with an additional amount to finance any unfunded accrued liability. The City is required to contribute the difference between the actuarially determined rate and the contribution rate of employees. For the measurement period ending June 30, 2022 (the measurement date), the City made $7,466,603 in contributions. Individual governmental and business-type funds which provide for employee personnel costs are responsible for annual contributions and liquidating their respective share of the Miscellaneous Plan Net Pension Liability.
78 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

(b) Net Pension Liability Miscellaneous Plan
The Citys net pension liability for the Plan is measured as the total pension liability, less the pension plans fiduciary net position. The General Fund, individual non-major Special Revenue funds and Enterprise Funds which provide for employee personnel costs are responsible for liquidating their respective share of the Net Pension Liability. The net pension liability of the Plan is measured as of June 30, 2022, using an annual actuarial valuation as of June 30, 2021 rolled forward to June 30, 2022 using standard update procedures. A summary of principal assumptions and methods used to determine the net pension liability is shown below.

Actuarial Assumptions The total pension liability in the June 30, 2021 actuarial valuation was determined using the following actuarial assumptions:

Miscellaneous Plan
Valuation Date 30-Jun-21
Measurement Date 30-Jun-22
Actuarial Cost Method Entry-Age Normal Cost Method
Actuarial Assumptions:

Discount Rate 6.90%
Inflation 2.30%
Payroll Growth 2.75%
Projected Salary Increase Varied by entry age and service Investment Rate of Return (1) 7.00%
Mortality Based on 2021 CalPERS Experience Study for
the period of 2001 to 2019
(1) Net of pension plan investment and administrative expenses, including inflation The underlying mortality assumptions and all other actuarial assumptions used in the June 30, 2021 valuation were based on the results of a 2021 actuarial experience study for the period 2001 to 2019. Further details of the Experience Study can found on the CalPERS website.

Discount Rate - The discount rate used to measure the total pension liability as of the measurement date of June 30, 2022 was 6.90% for the Plan, which differs from the discount rate used as the measurement date of June 30, 2021, of 7.15%. The projection of cash flows used to determine the discount rate assumed that contributions from plan members will be made at the current member contribution rates and that contributions from employers will be made at statutorily required rate, actuarially determined. Based on those assumptions, the Plans fiduciary net position was projected to be available to make all projected future benefit payments of current plan members. Therefore, the long-term expected rate of return on plan investments was applied to all periods of projected benefit payments to determine the total pension liability. A detailed report testing these projections can be obtained from the CalPERS website.

The long-term expected rate of return on pension plan investments was determined using a building-block method in which best-estimate ranges of expected future real rates of return (expected returns, net of pension plan investment expense and inflation) are developed for each major asset class. 79 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023
In determining the long-term expected rate of return, CalPERS took into account both short-term and long- term market return expectations as well as the expected pension fund cash flows. Projected returns for all asset classes are estimated and, combined with risk estimates, are used to project compound (geometric) returns over the long term. The discount rate used to discount liabilities was informed by the long-term projected portfolio return.

The table below reflects the long-term expected real rate of return by asset class. The rate of return was calculated using the capital market assumptions applied to determine the discount rate and asset allocation.

The expected real rates of return by asset class are as follows:

Assumed
Asset
Asset Class Allocation Real Return 1,2
Global equity-cap-weighted 30.00 % 4.45 %
Global equity non-cap-weighted 12.00 % 3.84 %
Private Equity 13.00 % 7.28 %
Treasury 5.00 % 0.27 %
Mortgage-backed Securities 5.00 % 0.50 %
Investment Grade Corporates 10.00 % 1.56 %
High Yield 5.00 % 2.27 %
Emerging Market Debt 5.00 % 2.48 %
Private Debt 5.00 % 3.57 %
Real Assets 15.00 % 3.21 %
Leverage (5.00)% (0.59)%
1 An expected inflation of 2.30% used for this period.
2 Figures are based on the 2021-22 Asset Liability Management Study 80 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023
(c) Changes in the Net Pension Liability
The change in the Net Pension Liability for the Miscellaneous Plan over the measurement period follows:

Total Pension
Liability
Plan Fiduciary
Net Position
Net Pension
Liability
Balance at June 30, 2021 201,508,909$ 159,783,919$ 41,724,990$ Changes in the year:

Service cost 3,833,786 - 3,833,786
Interest on the total pension liability 13,799,907 - 13,799,907 Differences between actual and expected experience(411,159) - (411,159) Changes in assumptions 2,477,640 - 2,477,640
Contribution employer - 7,466,603 (7,466,603)
Contribution - employee - 1,779,614 (1,779,614)
Investment Income - (12,120,654) 12,120,654
Administrative expenses - (99,536) 99,536
Benefit payments, including refunds of
employee contributions (10,987,263) (10,987,263) - Net Changes 8,712,911 (13,961,236) 22,674,147
Balance at June 30, 2022 (Measurement Date) 210,221,820$ 145,822,683$ 64,399,137$ Increase (Decrease)
Sensitivity of the Net Pension Liability to Changes in the Discount Rate - The following presents the net pension liability of the City for the Miscellaneous Plan, calculated using the discount rate for the Plan, as well as what the Local Governments net pension liability would be if it were calculated using a discount rate that is 1-percentage point lower or 1-percentage point higher than the current rate:

Miscellaneous1% Decrease 5.90%Net Pension Liability 91,765,373$ Current Discount Rate 6.90%Net Pension Liability 64,399,137$ 1% Increase 7.90%Net Pension Liability 41,806,378$ Pension Plan Fiduciary Net Position Detailed information about the pension plans fiduciary net position is available in a separately issued CalPERS financial report. 81 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

(d) Pension Expenses and Deferred Outflows/Inflows of Resources Related to Pensions For the year ended June 30, 2023, the City recognized pension expense for the Miscellaneous Plan of $7,019,116. At June 30, 2023, the City reported deferred outflows of resources and deferred inflows of resources related to pension from the following sources:

Deferred Outflows
of Resources
Deferred Inflows
of Resources
Pension contributions subsequent to measurement date7,597,672$ - $ Changes of assumptions 2,202,454 609,685 Differences between expected and actual experiences 161,927 - Net differences between projected and actual earnings
on plan investments 7,267,398 264,316
Total 17,229,451 $ 874,001 $
$7,597,672 reported as deferred outflows of resources related to contributions subsequent to the measurement date will be recognized as a reduction of the net pension liability in the year ended June 30, 2024. Other amounts reported as deferred outflows of resources and deferred inflows of resources related to pensions will be recognized as pension expense as follows:

Year Ended June 30
2024 2,041,151$
2025 1,612,818
2026 489,445
2027 4,614,364
Thereafter -
(e) Payable to the Pension Plan
At June 30, 2023, the City reported a payable of $159,856 for the outstanding amount of contributions to the pension plan required for the year ended June 30, 2023.

NOTE 15 - PENSION PLAN - SAFETY
(a) General Information about the Safety Pension Plan
Plan Description - All qualified permanent and probationary safety employees are eligible to participate in the Public Agency Cost-Sharing Multiple-Employer Defined Benefit Pension Plan (Plan) administered by the California Public Employees' Retirement system (CalPERS). The Plan consists of individual rate plans (benefit tiers) within a safety risk pool (police and fire) and a miscellaneous risk pool (all other). Plan assets may be used to pay for benefits for any employer rate plan of the safety and miscellaneous pools.

Accordingly, rate plans within the safety or miscellaneous pools are not separate plans under GASB Statement No. 68. Individual employers may sponsor more than one rate plan in the miscellaneous or safety risk pools. The City sponsors three rate plans for safety. Benefit provisions under the Plan are established by State statute and Local Government resolution. CalPERS issues publicly available reports that include a full description of the pension plan regarding benefit provisions, assumptions and membership information that can be found on the CalPERS website. Copies of the Fund's annual financial report may be obtained from CALPERS' executive office: 400 P Street, Sacramento, CA 95814. A separate report for the City's plan within the Fund is not available. 82 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

Benefits Provided - CalPERS provides service retirement and disability benefits, annual cost of living adjustments and death benefits to plan members, who must be public employees and beneficiaries.

Benefits are based on years of credited service, equal to one year of full time employment. Members with five years of total service are eligible to retire at age 50 with statutorily reduced benefits. All members are eligible for non-duty disability benefits are 10 years of service. The death benefit is one of the following:
the Basic Death Benefit, Lump Sum, or the Optional Settlement 2W Death Benefit. The cost of living adjustments for each plan are applied as specified by the Public Employees Retirement Law.

The Plans provisions and benefit tiers in effect at June 30, 2023, are summarized as follows:

Hire Date
Prior to September 14,
2012 (Classic)
On or After
September 14, 2012
and prior to January 1,
2013 (Second Tier)
On or after January 1,
2013 (PEPRA)
Benefit Formula 3% @ 50 3.0% @ 50 2.7% @ 57
Benefit Vesting Schedule 5 years of service 5 years of service 5 years of service Benefit Payments Monthly for life Monthly for life Monthly for life Retirement Age 50 50 50-57
Monthly Benefits, as a % of Eligible
Compensation 3.0% 3.0% 2.0%-2.7%
Required Employee Contribution Rates 9% 9% 13.75%
Required Employer Contribution Rates 25.64% 24.36% 13.66% Required Unfunded Accrued Liability
Contribution $5,292,237 $5,431 $3,128
Safety Plan

Contributions Section 20814 (c) of the California Public Employees Retirement Law requires that the employer contribution rates for all public employers be determined on an annual basis by the actuary and shall be effective on the July 1 following notice of a change in the rate. Funding contributions for the Plan is determined annually on an actuarial basis as of June 30 by CalPERS. The actuarially determined rate is the estimated amount necessary to finance the cost of benefits earned by employees during the year, with an additional amount to finance any unfunded accrued liability. The City is required to contribute the difference between the actuarially determined rate and the contribution rate of employees. Annual contributions are funded by the General Fund.

For the measurement period ending June 30, 2022 (the measurement date), the contributions recognized as part of pension expense for the Safety Plan were $8,233,237. (b) Pension Liabilities, Pension Expenses and Deferred Outflows/Inflows of Resources Related to Pensions Safety Plan
As of June 30, 2023, the City reported net pension liabilities for its proportionate shares of the net pension liability of the Safety Plan as follows:

Proportionate Share of Net Pension LiabilityTotal Safety Net Pension Liability 71,414,539$ 83 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

The Citys net pension liability for the Safety Plan is measured as the proportionate share of the net pension liability. The net pension liability of the Plan is measured as of June 30, 2022, and the total pension liability was determined by an actuarial valuation as of June 30, 2021 rolled forward to June 30, 2022 using standard update procedures. In determining the Citys rate plans proportionate share of the net pension liability, the total pension liability using the output from the Actuarial Valuation System and the fiduciary net position provided by CalPERS Financial Office are first determined for the individual rate plans and the risk pool as a whole on the Valuation Date. The first calculation uses the risk pools total pension liability and fiduciary net position at the Valuation Date to determine the net pension liability at the Valuation Date.

Using standard actuarial roll forward methods, the risk pools total pension liability is then computed at the Measurement Date. The fiduciary net position is then determined by the CalPERS Financial Office at the Measurement Date. Next, the individual employer rate plans share of the total pension liability, fiduciary net position and net pension liability are calculated at the Valuation Date. Using the individual employer rate plans share of the risk pool total pension liability and fiduciary net position, the proportionate shares of the total pension liability and fiduciary net position are determined for each employer rate plan. The Citys proportionate share of the net pension liability for the Plan as of June 30, 2021 and 2022 are as follows:

Safety Plan
Proportion June 30, 2021 .72692%
Proportion June 30, 2022 .61826%
Change Increase (Decrease) -.10865%
For the year ended June 30, 2023, the City recognized pension expense of $3,293,464. At June 30, 2023, the City reported deferred outflows of resources and deferred inflows of resources related to pensions from the following sources:

Deferred Outflows of ResourcesDeferred Inflows of ResourcesPension contributions subsequent to measurement date8,523,189$ -$ Changes of assumptions 7,200,747 - Differences between expected and actual experiences 2,955,589 775,506 Change in employers proportion2,470,631 - Change in employers proportion and difference between the employers contributions and the employers proportionate share of contributions- 3,401,781 Net differences between projected and actual earnings on plan investments11,277,356 - Total 32,427,512$ 4,177,287$

84 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

$8,523,189 reported as deferred outflows of resources related to contributions subsequent to the measurement date will be recognized as a reduction of the net pension liability in the year end June 30, 2024. Other amounts reported as deferred outflows of resources and deferred inflows of resources related to pensions will be recognized as pension expense as follows:

Year EndedJune 302024 $ 5,871,823 2025 4,540,240 2026 2,435,643 2027 6,879,330 Actuarial Assumptions The total pension liability in the June 30, 2021 actuarial valuation was determined using the following actuarial assumptions:

Safety Plan
Valuation Date June 30, 2021
Measurement Date June 30, 2022
Actuarial Cost Method Entry-Age Normal Cost Method
Actuarial Assumptions:

Investment Rate of Return 6.90%
Inflation 2.30%
Projected Salary Increase Varies by Entry Age and Service Mortality Derived using CalPERS
Membership Data for all Funds
Post-retirement benefit increase Protection Allowance Floor on Purchasing Power applies

The mortality table used was developed on CalPERS-specific data. The rates incorporate Generational Mortality to capture ongoing mortality improvement using 80% of Scale MP 2020 published by the Society of Actuaries. For more details, please refer to the 2021 experience study report that can be found on the CalPERS website.

In determining the long-term expected rate of return, CalPERS took into account both short-term and long- term market return expectations as well as the expected pension fund cash flows. Projected returns for all asset classes are estimated and, combined with risk estimates, are used to project compound (geometric) returns over the long term. The discount rate used to discount liabilities was informed by the long-term projected portfolio return.

The expected real rates of return by asset class are as follows:

AssumedAsset Real ReturnAsset Class AllocationYears 1-101.2Global equity-cap-weighted 30.00 % 4.45 %Global equity non-cap-weighted 12.00 % 3.84 %Private Equity13.00 % 7.28 %Treasury5.00 % 0.27 %Mortgage-backed Securities 5.00 % 0.50 %Investment Grade Corporates 10.00 % 1.56 %High Yield 5.00 % 2.27 %Emerging Market Debt 5.00 % 2.48 %Private Debt 5.00 % 3.57 %Real Assets 15.00 % 3.21 % Leverage (5.00)% (0.59)%1 An expected inflation of 2.30% used for this period.2 Figures are based on the 2021-22 Asset Liability Management Study Sensitivity of the Net Pension Liability to Changes in the Discount Rate - The following presents the Citys proportionate share of the net pension liability of the plan, calculated using the discount rate for the plan, as well as what the Citys proportionate share of the net pension liability would be if it were calculated using a discount rate that is 1-percentage point lower (5.90%) or 1-percentage point higher (7.90%) than the current rate:

Safety Plan
1% Decrease 5.90%
Net Pension Liability 105,068,401$
Current Discount Rate 6.90%
Net Pension Liability 71,414,539$
1% Increase 7.90%
Net Pension Liability 43,910,111$
Pension Plan Fiduciary Net Position Detailed information about the pension plans fiduciary net position is available in a separately issued CalPERS financial report. (c) Payable to the Pension Plan
At June 30, 2023, the City reported a payable of $176,352 for the outstanding amount of contributions to the pension plan required for the year ended June 30, 2023. 86 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

NOTE 16 - SUPPLEMENTARY RETIREMENT PLAN
(a) General Information about the Police Supplementary Retirement Plan and Benefits Provided Employees are eligible to receive benefits under this plan if he or she meets the requirements under one of the three tiers of the plan. The fund is an agent multiple-employer defined benefit plan established under Section 401 (a) and tax-exempt under Section 501 (a) of the Internal Revenue Code of 1986 and meets the requirements of a pension trust under California Government Code Sections 53215-53224. The trust is maintained by Public Agency Retirement Services (PARS) and provides for retirement, survivor continuance, pre-retirement disability and pre-retirement death benefits based upon the tier the member qualifies within. The plan is closed. Employee vesting is determined within each tier:

Tier I Designated eligible employee by Plan Administrator that has terminated from employment and applied for benefits under plan vest immediately.

Tier II Vest after five years of employment.

Tier III Employee vested if a full time Sworn Police Officer on or after September 1, 2007 and has terminated employment and concurrently retires under a service, disability or industrial disability retirement under CALPERS prior to December 31, 2012.

These benefit provisions and all other requirements are established by State Statute and City ordinance.

Copies of the Funds annual financial report may be obtained from PARS office: P.O. Box 12919, Newport Beach, CA 92658-2919. A separate report for the Citys plan within the fund is not available.

The Plans provisions and benefits in effect at June 30, 2023, are summarized as follows:

Supplementary Plan
Effective Date
Tier I
September 1, 2007
Tier II
September 1, 2007
Tier III
September 1, 2007
Benefit Formula Amount set forth on
Schedule A of Plan
Documents no
employees in this Tier
9% of CalPERS 3% @50
benefit and not more
than 8.1% of Final
Compensation
9% of CalPERS
Disability benefit and
not more than 8.1% of
Final compensation
Benefit Vesting Schedule Designated by Plan
Administrator
5 years of service Disability retirement
directly from City under
CalPERS
Benefit Payments Monthly for life Monthly for life Monthly for life Retirement Age 50-55 50 50
Monthly Benefits, as a % of
Eligible Compensation

2.0%-2.7% 1.426%-2.418% 1.0%-2.5%
Required Employee
Contribution Rates
0% 0% 0%
Required Employer Contribution
Rates
Pay as you go Pay as you go Pay as you go

87 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

Employees Covered At June 30, 2023, the following employees were covered by the benefit terms for the Supplementary Plan:

Supplementary Plan
Inactive employees or beneficiaries currently receiving benefits 13 Inactive employees entitled to but not yet receiving benefits 0 Active employees 0
Total 13
Contributions There is no requirement imposed by PARS to contribute any amount beyond the pay as you go contributions. For the fiscal year 2023, the City made no pay as you contributions. Contributions to the plan are made by the General Fund.
(b) Net Pension Liability
The Citys net pension liability for the Plan is measured as the total pension liability, less the pension plans fiduciary net position. The General Fund is responsible for liquidating the Net Pension Liability for the Plan. The net pension liability of the Plan is measured as of June 30, 2023, using an annual actuarial valuation as of June 30, 2021 rolled forward to June 30, 2023 using standard update procedures. A summary of principal assumptions and methods used to determine the net pension liability is shown below.

Actuarial Assumptions The total pension liability in the June 30, 2021 actuarial valuation was determined using the following actuarial assumptions:

Supplementary Plan
Valuation Date June 30, 2021
Measurement Date June 30, 2023
Actuarial Cost Method Entry-Age Normal Cost Method
Actuarial Assumptions:

Discount Rate 4.50%
Inflation 2.50%
Payroll Growth (1) 0%
Projected Salary Increase (1) 0%
Investment Rate of Return 4.50%
Mortality Projected fully generational with
Scale MP-2021

(1) This is a closed plan
The underlying mortality assumptions and all other actuarial assumptions used in the June 30, 2021 valuation were based on the results of an actuarial experience study for the period 1997 to 2015 for CalPERS.

Further details of the Experience Study can found on the CalPERS website.

Discount Rate - The discount rate used to measure the total pension liability at June 30, 2023 was 4.5% for the Plan based upon the S&P Municipal Bond 20 Year High Grade Rate Index.

According to Paragraph 30 of Statement 68, the long-term discount rate should be determined without reduction for pension plan administrative expense. The long-term expected rate of return was based upon the S&P Municipal Bond 20 Year High Grade Rate Index as selected by the City and is not reduced for administrative expenses. All of the plans PARS assets are invested in a moderately conservative portfolio with a target asset allocation of 30% equity, 65% fixed income and 5% cash. 88 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

Total Pension
Liability
Plan
Fiduciary Net
Position
Net Pension
Liability
Balance at June 30, 2022 1,937,824$ 1,582,918$ 354,906 $ Changes in the year:

Interest on the total pension liability 85,041 - 85,041 Net investment income - 50,018 (50,018)
Benefit payments, including refunds
of employee contributions (96,061) (96,061) - Net Changes (11,020) (46,043) 35,023 Balance at June 30, 2023 1,926,804 $ 1,536,875$ 389,929 $ Increase (Decrease)

Sensitivity of the Net Pension Liability to Changes in the Discount Rate - The following presents the net pension liability of the City for the Supplementary Plan, calculated using the discount rate for each Plan, as well as what the Local Governments net pension liability would be if it were calculated using a discount rate that is 1-percentage point lower or 1-percentage point higher than the current rate:

Supplementary1% Decrease 3.50%Net Pension Liability 659,737$ Current Discount Rate 4.50%Net Pension Liability 389,929$ 1% Increase 5.50%Net Pension Liability 169,491$ Pension Plan Fiduciary Net Position Detailed information about the pension plans fiduciary net position is available in a separately issued PARS financial report. (d) Pension Expenses and Deferred Outflows/Inflows of Resources Related to Pensions For the year ended June 30, 2023, the City recognized pension expense for the Supplementary Plan of $54,736. At June 30, 2023, the City reported deferred outflows of resources and deferred outflows of resources related to pension from the following sources:

Deferred Outflows of ResourcesPension contributions subsequent to measurement date -$ Differences between actual and expected experience - Changes in assumptions - Net differences between projected and actual earnings on plan investments 151,375 Total 151,375$ 89 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

Amounts reported as deferred outflows of resources and deferred inflows of resources related to pensions will be recognized as pension expense as follows:

Year Ended
June 30
2024 $ 42,190
2025 42,596
2026 62,777
2027 3,812
(e) Payable to the Pension Plan
At June 30, 2023, the City did not report a payable for an amount outstanding amount of contributions to the pension plan required for the year ended June 30, 2023.

NOTE 17 - PENSION PLAN DEFINED CONTRIBUTION
The City contributes to one of three different defined contribution pension plans for its full-time employees in the Management, Confidential, and Treatment Plant Employees Association (TPEA) Bargaining Units.

Employees may elect to enroll in either National Deferred Compensation or CalPERS 457 deferred compensation plan (Plan). All plans are administered by the respective contracting plan agencies. Benefit terms, including contribution requirements, for the Plan are established and may be amended by the City Council. The City is required to contribute a percentage of annual base salary or a flat amount, to individual employee accounts for each participating employee. Contribution levels are as follows by employee bargaining unit:

Bargaining Unit Cit y Contribution
Management Unit Executive Management 5% annual base pay Management Unit Senior/Mid Management 2% annual base pay Confidential Unit and TPEA $75 mont h
Employees are permitted to make contributions up to applicable Internal Revenue Code limits. For the year ended June 30, 2023, employee contributions totaled $1,016,135, and the City recognized pension expense of $212,422.

Employees are immediately vested in their own, and City, contributions and earnings on those contributions.

The City had no liability to the Plan at June 30, 2023.

NOTE 18 - OTHER POST EMPLOYMENT BENEFITS (OPEB) PLANS OVERVIEW The City of Antioch has three OPEB plans: Management Plan; Miscellaneous Plan; and Police Plan.

Information about each plan and its provisions follow in note 18. A summary table of the plans related net OPEB liabilities and deferrals follows to aid in financial reporting reconciliation to the government-wide statements.
90 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

Net OPEB LiabilityOPEB Related AmountsContributions After Measurement DateManagement Plan 1,373,327$ 573,452$ 670,869$ -$ 333,413$ Miscellaneous Plan 2,221,950 1,423,618 752,911 2,763,621 (417,117) Police Plan 20,821,287 2,231,691 1,679,698 12,260,594 (870,595) Total 24,416,564$ 4,228,761$ 3,103,478$ 15,024,215$ (954,299)$ Deferred Outflows of ResourcesDeferred Inflows of ResourcesOPEB Expense (Income)

NOTE 19 - OTHER POST EMPLOYMENT BENEFITS (OPEB)
(a) Medical After Retirement Plan Trust
Plan Description The City provides postretirement medical benefits to all eligible employees and their surviving spouses under the provisions of three formal City-sponsored plans (Management Plan, Miscellaneous Plan, and Police Plan). The effective date varies based upon the employee's classification and related memorandum of understanding (MOU). For all employees who retire from service with at least 10 years of service (either regular retirement or disability retirement), the City shall pay a portion of their medical premiums based on their respective MOU currently in effect. The plans include an implicit subsidy for coverage prior to coverage under Medicare. Payments are reduced when the retiree or surviving spouse is eligible for Medicare. The three City-sponsored plans are closed to new entrants. The City's contributions are advanced-funded on an actuarially determined basis and recorded in the Agent Multiple-Employer CalPERS Trust (CERBT). The CERBT is a Section 115 Trust set up for the purpose of receiving employer contributions that will prefund health and other post employment benefit costs for retirees and their beneficiaries. The CERBT accounts for the separate plans in one master trust account for the City with three subgroups, one for each plan. Assets of each plan are restricted to pay for benefits of those plan members or beneficiaries only. The CERBT is administered by CalPERS, and is managed by an appointed board not under the control of the City Council. The trust meets all criteria as prescribed by GASB 75. The trust is not considered a component unit by the City and has been excluded from these financial statements.

Employees Covered - As of the June 30, 2021 actuarial valuation, the following current and former employees were covered by the benefit terms of the three City-sponsored plans:

Management
Plan
Miscellaneous
Plan Police Plan Total
Active employees 40 152 137 329 Inactive employees or beneficiaries
currently receiving benefits 81 80 65 226 Inactive employees entitled to, but
not yet receiving benefits 10 47 31 88 Total 131 279 233 643

The City makes contributions to the CERBT based on a percentage of active employee payroll in governmental and business-type funds. The General Fund, individual non-major Special Revenue funds and Enterprise Funds which provide for employee personnel costs are responsible for liquidating their respective share of the Net OPEB Liability.
91 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

Contributions - There is no requirement imposed by CalPERS, to contribute any amount beyond the pay- as-you-go contributions. The cost of monthly insurance premiums may be shared between the retiree and the City. The cost sharing varies depending on: date of hire; the dependent status; and plan selected. A minimum employer monthly contribution requirement is established and may be amended by the CalPERS Board of Administration and applicable laws. Within the parameters of the law, individual contracting agencies, such as the City, are allowed to establish and amend the level of contributions made by the employer towards the monthly cost of the plans. Changes to the employer contribution amount towards retiree benefits are recorded in a resolution adopted by the City Council. Beginning in fiscal year 2020, the Citys annual contributions are based on an amount to cover the pay-as-you-go cost of benefits provided, with contributions in excess of that amount to meet the actuarial determined contribution. For the fiscal year ended June 30, 2023, the Citys cash contribution to the plans were as follows:

Management PlanMiscellaneous Plan Police PlanTotalCash contributions583,794$ 532,667$ 1,528,680$ 2,645,141$ Estimated implied subsidy87,075 220,244 151,018 458,337 Total payments670,869$ 752,911$ 1,679,698$ 3,103,478$

OPEB Plan Fiduciary Net Position CalPERS issues a publicly available fiduciary net position by employer that may be obtained from CalPERS, 400 Q Street, Sacramento, CA 95811. (b) Net OPEB Liability
The Citys net OPEB liability was measured as of June 30, 2022 and the total OPEB liability used to calculate the net OPEB liability was determined by an actuarial valuation dated June 30, 2021 that was rolled forward to determine the June 30, 2023 total OPEB liability based on the following actuarial methods and assumptions:

Actuarial Assumptions:

Discount Rate 6.10%
Inflation 2.50%
Projected Salary Increase 3.00%
Investment Rate of Return 6.10%
Mortality MacLeod Watts Scale 2020
applied generationally
Participants Valued No future entrants
Healthcare Trend 5.7% in 2022 to 4% by 2076

Demographic actuarial assumptions used in the June 30, 2021 valuation were based on the results of a 2017 actuarial experience study for the period 1997 to 2015 for CalPERS except for a different basis used to project future mortality rates. Mortality rates used were those published by CalPERS, adjusted to back out 15 years of Scale MP 2016 to central year 2015. Further details of the Experience Study can found on the CalPERS website.
92 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

The long-term expected rate of return on OPEB plan investments was determined using a building-block method in which best-estimate ranges of expected future real rates of return (expected returns, net of OPEB plan investment expense and inflation) are developed for each major asset class. The target allocation and best estimates of arithmetic real rates of return for each major asset class are summarized in the following table:

Target
Allocation
General
Inflation Rate
Assumption
Global Equity 49% 2.40%
Fixed Income 23% 2.40%
Global Real Estate (REITs) 20% 2.40%
Treasury Inflation Protected Securities 5% 2.40%
Commodoties 3% 2.40%
Total 100%
Discount Rate The discount rate used to measure the total OPEB liability was 6.10%. The projection of cash flows used to determine the discount rate assumed that the City will contribute the full actuarial determined contribution. When sufficient contributions to the trust are made in order to prefund the OPEB liabilities, GASB75 allows the use of a rate up to the expected rate of return of the trust.

Sensitivity of the Net OPEB Liability to Changes in the Discount Rate The following presents the net OPEB liability of the plans if they were calculated using a discount rate that is one percentage point lower or one percentage point higher that the current rate, for the measurement period ended June 30, 2022:
1% Decrease- 5.10%Current Rate-6.10%1% Increase-7.10%Management Plan 1,821,904$ 1,373,327$ 985,209$ Miscellaneous Plan3,276,701 2,221,950 1,328,629Police Plan 25,056,651 20,821,287 17,364,940 Totals 30,155,256$ 24,416,564$ 19,678,778$

Sensitivity of the Net OPEB Liability to Changes in the Health Care Cost Trend Rates The following presents the net OPEB liability of the plans if they were calculated using health care cost trend rates that are one percentage point lower or one percentage point higher that the current rate, for the measurement period ended June 30, 2022:
1% Decrease Current Trend 1% IncreaseManagement Plan 1,005,547$ 1,373,327$ 1,796,992$ Miscellaneous Plan1,263,825 2,221,950 3,368,882Police Plan 17,245,435 20,821,287 25,228,813 Totals 19,514,807$ 24,416,564$ 30,394,687$

93 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

Total OPEB LiabilityPlan Fiduciary Net PositionNet OPEB LiabilityBalance at June 30, 20225,194,261$ 4,080,853$ 1,113,408$ Changes recognized for the measurement period:Service cost 56,781 - 56,781 Interest 300,650 - 300,650 Changes of assumptions - - - Differences between expected and actual experience - - - Contributions - employer - 644,709 (644,709) Net investment income - (546,163) 546,163 Benefit payments (644,709) (644,709) - Administrative expense - (1,034) 1,034 Net Changes(287,278) (547,197) 259,919 Balance at June 30, 2023 (Measurement Date June 30, 2022)4,906,983$ 3,533,656$ 1,373,327$ Increase (Decrease)Management Plan Total OPEB LiabilityPlan Fiduciary Net PositionNet OPEB LiabilityBalance at June 30, 20229,329,942$ 8,492,413$ 837,529$ Changes recognized for the measurement period:Service cost 212,167 - 212,167 Interest 566,473 - 566,473 Changes of assumptions - - - Differences between expected and actual experience - - - Contributions - employer - 536,332 (536,332) Net investment income - (1,139,958) 1,139,958 Benefit payments (511,332) (511,332) - Administrative expense - (2,155) 2,155 Net Changes267,308 (1,117,113) 1,384,421 Balance at June 30, 2023 (Measurement Date June 30, 2022)9,597,250$ 7,375,300$ 2,221,950$ Increase (Decrease)Miscellaneous Plan

94 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

Total OPEB LiabilityPlan Fiduciary Net PositionNet OPEB LiabilityBalance at June 30, 202227,538,658$ 7,730,720$ 19,807,938$ Changes recognized for the measurement period:Service cost 464,383 - 464,383 Interest 1,678,582 - 1,678,582 Contributions - employer - 2,305,632 (2,305,632) Net investment income - (1,173,952) 1,173,952 Benefit payments (970,597) (970,597) - Administrative expense - (2,064) 2,064 Net Changes1,172,368 159,019 1,013,349 Balance at June 30, 2023 (Measurement Date June 30, 2022)28,711,026$ 7,889,739$ 20,821,287$ Increase (Decrease)Police Plan

(d) Recognition of Deferred Inflows and Deferred Outflows of Resources Gains and losses related to changes in total OPEB liability and fiduciary net position are recognized in OPEB expense systematically over time. Amount are first recognized in OPEB expense for the year the gain or loss occurs. The remaining amounts are categorized as deferred outflows and deferred inflows of resources related to OPEB and are to be recognized in future OPEB expense. (e) OPEB Expense and Deferred Outflows/Inflows of Resources Related to OPEB For the fiscal year ended June 30, 2023, the City recognized total OPEB income of $954,299. As of the fiscal year ended June 30, 2023, the City reported deferred outflows and inflows of resources related to OPEB from the following sources:

Deferred Outflows of ResourcesDeferred Inflows of ResourcesOPEB contributions subsequent to measurement date 670,869$ -$ Changes of assumptions 186,619 - Differences between expected and actual experience 96,750 - Net difference between projected and actual earnings on OPEB plan investments 290,083 - Total 1,244,321$ -$ Management Plan

95 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

The $670,869 reported as deferred outflows of resources related to Management Plan contributions subsequent to the June 30, 2022 measurement date will be recognized as a reduction of the net OPEB liability during the fiscal year ending June 30, 2024. Other amounts reported as deferred inflows of resources related to OPEB will be recognized in expense as follows:

Management PlanFiscal Year Ended June 30:Deferred Outflows of Resources2024 227,071$ 2025 158,6352026 28,7352027 159,011 Deferred Outflows of ResourcesDeferred Inflows of ResourcesOPEB contributions subsequent to measurement date 752,911$ -$ Changes of assumptions 509,255 2,222,403Differences between expected and actual experience - 541,218Net difference between projected and actual earnings on OPEB plan investments 914,363 - Total 2,176,529$ 2,763,621$ Miscellaneous Plan

The $752,911 reported as deferred outflows of resources related to Miscellaneous Plan contributions subsequent to the June 30, 2022 measurement date will be recognized as a reduction of the net OPEB liability during the fiscal year ending June 30, 2024. Other amounts reported as deferred inflows of resources related to OPEB will be recognized in expense as follows:

Miscelleneous PlanFiscal Year Ended June 30:Net Deferred Outflows (Inflows) of Resources2024 (548,697)$ 2025 (494,730)2026 (532,465)2027 119,7622028 71,244 Thereafter 44,883 96 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

Deferred Outflows of ResourcesDeferred Inflows of ResourcesOPEB contributions subsequent to measurement date 1,679,698$ -$ Changes of assumptions 1,792,387 8,802,939Difference between expected and actual experience - 3,457,655Net difference between projected and actual earnings on OPEB plan investments 439,304 - Total 3,911,389$ 12,260,594$ Police Plan The $1,679,698 reported as deferred outflows of resources related to Police Plan contributions subsequent to the June 30, 2022 measurement date will be recognized as a reduction of the net OPEB liability during the fiscal year ending June 30, 2024. Other amounts reported as deferred inflows of resources related to OPEB will be recognized in expense as follows:

Police PlanFiscal Year Ended June 30:Net Deferred Outflows (Inflows) of Resources2024 (2,498,804)$ 2025 (2,507,163)2026 (2,071,271)2027 (1,608,600)2028 (1,682,574) Thereafter 339,509 (f) Medical After Retirement Plan Account
Employees hired after September 1, 2007 are not eligible for post employment medical benefits as defined in the previous plan. The City has created a medical after retirement program in which the City will contribute 1.5% of the employees base monthly salary into an account established for the employee to be used for future medical benefits. This plan is being administered by Nationwide Retirement Solutions.

The City will match an additional amount of up to 1.0% of the employee contribution, for a total City contribution not to exceed 2.5%. Employees have the right to their individual plan upon separation of employment. As of June 30, 2023, there were 240 participants in the plan. During the year, the City contributed $437,164 towards employee accounts.

NOTE 20 - RISK MANAGEMENT
The City is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; injuries to employees; and natural disaster. The City currently reports its risk management activities in its General Fund and Loss Control Internal Service Fund.

The City participates in the Municipal Pooling Authority (MPA), a joint powers agency (risk-sharing pool) established to provide an independently managed self-insurance program for members. The purpose of MPA is to spread the adverse effect of losses among the member agencies and to purchase excess insurance as a group, thereby reducing its expense.
97 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

The City's deductibles and maximum coverage follow:

Coverage Deductible MPA Excess Liability
General liability $ 50,000 $50,001-
$1,000,000
$1,000,001-
$29,000,000
Workers
compensation
$ - $ 0-$500,000 $500,001- $50,000,000
Property damage $25,000 all risk;
$100,000 flood
$ - $1 billion all risk;
$25,000,000 flood
The City contributes its pro rata share of anticipated losses to a pool administrated by MPA. Should actual losses among participants be greater than the anticipated losses, the City will be assessed retrospectively its pro rata share of that deficiency. Conversely, if the actual losses are less than anticipated, the City will be refunded its pro rata share of the excess. The City paid premiums of $6,854,965 during the year ended June 30, 2023. MPA has obtained excess general liability coverage in the amount of $28,000,000 for total coverage of $29,000,000 through participation in the California Joint Powers Risk Management Association.

MPA has also purchased excess property damage coverage through various commercial carriers. No claims have exceeded excess liability coverage in the past three fiscal years.

Claims expenditures and liabilities are reported when it is probable that a loss has occurred, and the amount of that loss can be reasonably estimated and includes incremental claim expenses. Allocated and unallocated claims adjustment expenditures are included in the liability balance. These losses include an estimate of claims that have been incurred but not reported. The claim liability balances at June 30, 2023 are discounted at 2.0%. This liability is the City's best estimate based on available information. Changes in the reported liability resulted from the following:

Beginning of Deductibles End ofFiscal Year and Charges Fiscal YearLiabilityin Estimates Payments Liability2020-2021 1,160,456$ 770,232$ 398,867$ 1,531,821$ 2021-2022 1,531,821 833,576 479,703 1,885,694 2022-2023 1,885,694 1,334,170 607,203 2,612,661 NOTE 21 - JOINTLY GOVERNED ORGANIZATIONS
(a) Contra Costa County Home Mortgage Finance Authority The City and Contra Costa County are members of the Contra Costa Home Mortgage Financing Authority (Home Mortgage). The Home Mortgage issued 1984 Home Mortgage Revenue Bonds for the purpose of facilitating the financing of low-income home mortgages in the City and County. The City made no contributions to the Home Mortgage during the fiscal year ended June 30, 2023. The Home Mortgage is governed by a board consisting of representatives of the County and City. The board controls the operations and finances of the Authority, independent of influence by the City. Therefore, the Home Mortgage is excluded from the City's reporting entity. The Home Mortgage's financial statements are available by contacting the Contra Costa County Community Development Department, 651 Pine Street, Martinez, CA 94553-1229.
98 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

NOTE 22 - COMMITMENTS AND CONTINGENCIES
(a) Grants
The City participates in Federal and State grant programs. These programs have been audited by the City's independent auditors in accordance with the provisions of the Federal Single Audit Act Amendments of 1996, and applicable Federal and State requirements. No cost disallowances were proposed as a result of these audits; however, these programs are still subject to further examination by the grantors and the amount, if any, of expenditures which may be disallowed by the granting agencies cannot be determined at this time. The City expects such amounts, if any, to be immaterial. (b) Pending Litigation
The City is a defendant in a number of lawsuits, which have arisen in the normal course of business. While substantial damages are alleged in some of these actions, their outcome cannot be predicted with certainty.

In the opinion of the City Attorney, these actions when finally adjudicated will not have a material adverse effect on the financial position of the City.
(c) Encumbrances
The City uses an encumbrance system as an extension of normal budgetary accounting for governmental funds. Under this system, purchase orders for the expenditures of monies are recorded in order to reserve that portion of applicable appropriations. Encumbrances outstanding at year-end are recorded as restricted, committed or assigned fund balance, depending on the classification of the resources used to liquidate the encumbrance, since they do not constitute expenditures or liabilities. Outstanding encumbrances lapse at year-end and need to be re-appropriated by Council action in the new fiscal year.

Significant encumbrance totals by major and non-major funds outstanding as of June 30, 2023, were as listed below:

AmountMajor Governmental Funds: General Fund249,043$ Total Major Governmental Funds 249,043 Non-Major Special Revenue Funds: CalVIP 331,582 RMRA 2,677,478 Park in Lieu 306,133 Measure J 990,000 Non-Major Capital Project Funds: Capital Improvement 915,425 Total Non-Major Governmental Funds 4,889,036 Total Governmental Funds5,138,079$ Major Enterprise Funds: Water Fund25,278,746$ Sewer Fund 527,563 Total Enterprise Funds25,806,309$ Total Significant Encumbrances Outstanding30,944,388$ 99 City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

(d) Construction Commitments
Among the significant construction commitments included in construction in progress in both governmental and business-type activities were $1,500,702 towards Hillcrest pump station rehabilitation, $2,191,390 towards water main replacement and $93,398,010 towards the Brackish Water Desalination Plant.

NOTE 23 - SUCCESSOR AGENCY TRUST FOR ASSETS OF THE FORMER REDEVELOPMENT AGENCY (a) Redevelopment Dissolution
On December 29, 2011, the California Supreme Court upheld Assembly Bill 1X 26 (the Bill) that provides for the dissolution of all redevelopment agencies in the State of California. This action impacted the reporting entity of the City that previously had reported a redevelopment agency within the reporting entity of the City as a blended component unit.

The Bill provides that upon dissolution of a redevelopment agency, either the City or another unit of local government will agree to serve as the successor agency to hold the assets until they are distributed to other units of state and local government. On January 24, 2012, the City Council elected to become the Successor Agency for the former redevelopment agency in accordance with the Bill as part of City resolution number 2012/07.

After enactment of the law, which occurred on June 28, 2011, redevelopment agencies in the State of California cannot enter into new projects, obligations or commitments. Subject to the control a newly established oversight board, remaining assets can only be used to pay enforceable obligations in existence at the date of dissolution (including the completion of any unfinished projects that were subject to legally enforceable contractual commitments).

Successor agencies will only be allocated revenue in the amount that is necessary to pay the estimated annual installment payments on enforceable obligations of the former redevelopment agency until all enforceable obligations of the prior redevelopment agency have been paid in full and all assets have been liquidated.

The Bill directs the State Controller of the State of California to review the propriety of any transfers of assets between the redevelopment agencies and other public bodies that occurred after January 1, 2011. If the public body that received such transfers is not contractually committed to a third party for the expenditure or encumbrance of those assets, the State Controller is required to order the available assets to be transferred to the public body designated as the successor agency by the Bill. The State Controller conducted the review of the former Antioch Development Agency in late August 2013.

Management believes, in consultation with legal counsel, that the obligations of the former redevelopment agency due to the City are valid enforceable obligations payable by the successor agency trust under the requirements of the Bill. The Citys position on this issue in not a position of settled law and there is considerable legal uncertainty regarding this issue. It is reasonably possible that a legal determination may be made at a later date by an appropriate judicial authority that would resolve this issue unfavorably to the City. In accordance with the timeline set forth in the Bill (as modified by the California Supreme Court on December 29, 2011) all redevelopment agencies in the State of California were dissolved and ceased to operate as a legal entity as of February 1, 2012.
100
City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

The assets and activities of the dissolved redevelopment agency are reported in a fiduciary fund (private- purpose trust fund) in the financial statements of the City as the activities are under control of an Oversight Board which is comprised of seven members, five of which represent taxing entities, one member is a former redevelopment agency employee and one member is appointed by the Mayor. The State of California Department of Finance has final approval of all actions of the Successor Agency. The City provides administrative services to the Successor Agency to wind down the affairs of the former Antioch Development Agency.
(b) Capital Assets
In December 2015, the California State Department of Finance approved a Long Range Property Management Plan of the Successor Agency. As part of this approved plan, any assets of the Successor Agency deemed for Governmental Use or Future Development were approved to be transferred to the City with three properties remaining with the Successor Agency that will be sold in the future.

Capital asset activity for the year ended June 30, 2023 was as follows:

July 1, 2022 Deletions June 30, 2023NondepreciableLand 96,493$ -$ 96,493$ Total Nondepreciable Capital Assets 96,493$ -$ 96,493$ (c) Long-Term Obligations
The Successor Agency is responsible for two outstanding bonds of the former redevelopment agency and one bond of the Antioch Public Financing Authority. Although issued by the Antioch Public Finance Authority, repayment for a portion of the 2015A Lease Revenue Refunding Bonds is pledged for repayment by the former Antioch Development Agency therefore the associated liability has been transferred to the Successor Agency Trust.

Changes in long-term obligations for the year ended June 30, 2023 are as follows:

AmountBalance Balance Due WithinJuly 1, 2022 Decreases June 30, 2023 One Year2015A Lease Revenue Bonds 14,775,000$ (955,000)$ 13,820,000$ 1,040,000$ Unamortized Premiums 1,385,614 (138,561) 1,247,053 - Bonds with direct placement: 2009 Tax Allocation Bonds 801,440 (125,151) 676,289 128,405 Total obligations held by the Successor Agency Trust16,962,054$ (1,218,712)$ 15,743,342$ 1,168,405$

101
City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

(d) Long-Term Debt Composition
Final Annual Principal Interest Original Issue Outstanding at Type of Indebtedness (Purpose) Maturity Installment Rates Amount June 30, 2023 Tax Allocation Bonds:
2009 - ADA Project 1 9/1/27 $95,343-142,289 2.60% 2,080,841 $ 676,289 $ Total tax allocation bonds 2,080,841 676,289
Lease Revenue Bonds:
2015A Issue - APFA Municipal Facilities, 5/1/32 $1,352,000-2,116,650 2.0-5.0% 19,315,000 13,820,000 Total lease revenue bonds 19,315,000 13,820,000
Total long-term obligations 21,395,841 $ 14,496,289$
(e) Long-Term Obligation Activity
The Successor Agencys outstanding bonds from direct placement related to fiduciary activities of $676,289 are secured by tax increment revenues received by the former Antioch Development Agency, now the Successor Agency. The bonds were purchased in entirety and directly placed with the State Water Resources Control Board to finance a project within the redevelopment area. The bonds contain a provision that in the event of default, the bond trustee, upon written request of the Owners of not less than 25% in aggregate of bonds then outstanding, shall declare all principal and interest due and payable immediately. (f) Debt Service Requirements
As of June 30, 2023, annual debt service requirements of governmental activities to maturity are as follows:

Year ending June 30: Principal Interest Principal Interest 2024 1,040,000 $ 573,900 $ 128,405$ 15,914 $ 2025 1,130,000 521,900 131,744 12,532 2026 1,230,000 465,400 135,169 9,062 2027 1,255,000 403,900 138,683 5,502 2028 1,595,000 341,150 142,288 1,850 2029-2033 7,570,000 618,850 - - Total 13,820,000 $ 2,925,100 $ 676,289 $ 44,860 $ Lease Revenue Bonds Tax Allocation Bonds
Direct placement

On February 11, 2015, the Antioch Public Financing Authority (Authority) issued $23,155,000 in Lease Revenue Refunding Bonds (Municipal Facilities Project), Series 2015A with interest rates ranging between 2% and 5%. The Authority issued the bonds to refund the entire $4,740,000 of the outstanding ABAG 2001 Lease Revenue Bonds and $21,505,000 of the outstanding 2002 A&B Lease Revenue Refunding Bonds. $19,315,000 of the par amount of bonds issued are secured by the Successor Agency to the Antioch Development Agency. $3,840,000 of the par amount of bonds issued are an obligation of the City and discussed in Note 11. The refunding reduced total debt service payments over the next 18 years by $6,279,686. This results in an economic gain (difference between the present value of debt service payments on the old and new debt) of $5,314,114.
102
City of Antioch
Notes to the Basic Financial Statements
For the year ended June 30, 2023

Interest payments and bond retirements are serviced by revenues generated by the tax increment from the former redevelopment agency. Contra Costa County remits funds from the Redevelopment Property Tax Retirement Trust Fund to the Successor Agency to pay enforceable obligations of the former agency every six months.

On September 24, 2009, the Antioch Development Agency issued $2,080,841 in Tax Allocation Bonds with an interest rate of 2.6%. The bonds were issued to finance the Markley Creek Project within the redevelopment area. Interest payments and bond retirements are serviced by revenues generated by the tax increment from the former redevelopment agency. Contra Costa County remits funds from the Redevelopment Property Tax Retirement Trust Fund to the Successor Agency to pay enforceable obligations of the former agency every six months.
103

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104

REQUIRED SUPPLEMENTAL INFORMATION
105

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106
City of Antioch
Required Supplementary Information
Budgetary Comparison Schedule
For the Fiscal Year Ended June 30, 2023
Schedule of Revenues and Transfers In - General Fund
Variance With
Final Budget
Original Final Positive
Budget Budget Actual (Negative)
FUNCTION/ACTIVITY:

TAXES
Property secured 13,910,024 $ 14,376,173$ 14,235,129$ (141,044)$ Property in lieu of VLF 9,998,142 10,170,167 10,170,167 - Property unsecured 340,000 360,000 411,735 51,735 Property other 700,000 1,000,507 1,214,893 214,386 Sales and use tax 18,538,486 19,838,300 19,193,040 (645,260) Sales and use tax - Measure W 19,003,636 21,036,699 20,301,245 (735,454) Motor vehicle in-lieu 80,000 118,213 118,213 - Transient lodging tax 145,000 205,266 221,179 15,913 Franchises - other 58,660 10,000 24,438 14,438 Franchises - gas 1,282,460 2,431,068 2,431,068 - Franchises - electric 579,086 628,089 628,089 - Franchises - cable tv 1,270,000 1,270,000 1,178,408 (91,592) Franchises - garbage 1,353,170 1,353,170 1,476,467 123,297 Business license tax (Gross Receipts) 3,810,000 3,784,800 4,541,465 756,665 Property transfer tax 535,000 630,000 626,247 (3,753) Total taxes 71,603,664 77,212,452 76,771,783 (440,669)

LICENSES AND PERMITS
Building permits 2,450,000 2,700,000 3,034,026 334,026 Street & curb permits 220,000 555,000 577,451 22,451 Wide vehicle/overload 12,000 12,000 5,680 (6,320) Technology fee 105,000 140,000 152,605 12,605 Energy Inspection Fee 45,750 45,750 50,600 4,850 Pool Safety Fee 1,100 1,423 1,529 106 Accessibility Fee (Non-Resident) 2,550 3,200 3,420 220 Green Bldg Verification & Compliance 199,000 175,000 195,264 20,264 Total licenses and permits 3,035,400 3,632,373 4,020,575 388,202

FINES AND PENALTIES
Vehicle code fines 135,000 20,000 29,269 9,269 Non-traffic fines 100 2,128 2,220 92 Total fines and penalties 135,100 22,128 31,489 9,361

INVESTMENT INCOME AND RENTALS
Investment income 85,000 150,000 1,128,572 978,572 Lease interest - - 78,445 78,445 Rent and concessions 535,000 556,000 607,644 51,644 Total investment income and rentals 620,000 706,000 1,814,661 1,108,661

REVENUE FROM OTHER AGENCIES
Homeowners property tax relief 80,000 80,000 75,160 (4,840) P.O.S.T. reimbursements 12,000 32,764 43,094 10,330 State mandated reimbursements 25,000 25,000 137,117 112,117 Grant reimbursements 400,000 714,194 90,539 (623,655) Total revenue from other agencies 517,000 851,958 345,910 (506,048)(Continued) 107
City of Antioch
Required Supplementary Information, Continued
Budgetary Comparison Schedule
For the Fiscal Year Ended June 30, 2023
Schedule of Revenues and Transfers In - General Fund
Variance With
Final Budget
Original Final Positive
Budget Budget Actual (Negative)
FUNCTION/ACTIVITY, Continued:

CURRENT SERVICE CHARGES
Administrative services 22,000 22,000 13,764 (8,236) Legal fees - 10,000 10,000 - Special police services 1,366,345 1,431,345 1,439,142 7,797 False alarm fees 150,000 80,000 73,089 (6,911) Plan checking fees 760,000 385,212 421,246 36,034 Planning fees 192,200 115,000 97,727 (17,273) Inspection fees 800,000 800,000 752,061 (47,939) Special public works services 500 500 - (500) Other service charges 30,400 50,670 45,234 (5,436) Cannabis Fees 2,000,000.00 1,875,000 1,917,950 42,950 Assessment fees 827,000 51,917 60,489 8,572 Certificate access special consultation - 30 30 - Billings to Department 280,286 485,999 488,984 2,985 Total current service charges 6,428,731 5,307,673 5,319,716 12,043

OTHER REVENUES
Miscellaneous revenue 647,775 1,012,067 808,209 (203,858)

OTHER FINANCING SOURCES
Transfers in:

Gas Tax Fund 1,010,000 1,010,000 1,010,000 - Pollution Elimination 251,508 253,680 229,331 (24,349) Street Impact 1,693,896 1,893,896 1,893,893 (3) Street Light and Landscape
Maintenance Districts 150,454 110,975 105,131 (5,844) Supplementary Law Enforcement Grant 250,000 332,134 319,536 (12,598) Local Law Enforcement Block Grant 38,000 38,000 - (38,000) Traffic Safety 120,000 120,000 120,000 - CFD 2016-01 Police Protection 110,938 239,504 248,108 8,604 CFD 2018-02 Police Protection 98,000 453,203 459,011 5,808 Total transfers in 3,722,796 4,451,392 4,385,010 (66,382) Other financing proceeds - lease/subscriptions - - 1,934,212 1,934,212 Total other financing sources 3,722,796 4,451,392 6,319,222 1,867,830 Total general fund revenues and
other financing sources 86,710,466$ 93,196,043$ 95,431,565$ 2,235,522$ (Concluded)
108
City of Antioch
Required Supplementary Information, Continued
Budgetary Comparison Schedule
For the Fiscal Year Ended June 30, 2023
Schedule of Expenditures and Transfers Out - General Fund Variance With
Final Budget
Positive
Original Final Actual (Negative)
FUNCTION/ACTIVITY:

City Council 53,410 $ 79,380$ 38,822$ 40,558$ City Attorney 1,494,528 1,769,847 2,341,517 (571,670) City Manager 1,487,254 1,246,506 976,627 269,879
City Clerk 714,300 970,927 679,312 291,615 City Treasurer 274,286 479,999 482,663 (2,664) Human Resources 954,067 904,571 861,804 42,767 Economic Development 1,328,471 1,104,610 804,425 300,185 Finance 1,778,162 1,939,635 1,705,055 234,580 Non-Departmental 3,646,504 6,070,860 4,913,550 1,157,310 Total general government 11,730,982 14,566,335 12,803,775 1,762,560

PUBLIC WORKS
Maintenance Administration 134,001 152,624 80,897 71,727 Street Maintenance 2,885,243 3,011,131 2,391,295 619,836 Engineering and Land Development 1,675,390 2,547,595 2,437,669 109,926 Signal & Street Lighting 995,000 995,000 906,351 88,649 Facilities Maintenance 1,193,980 1,715,662 1,310,108 405,554 Park Maintenance 1,919,901 2,356,549 1,727,225 629,324 Median and General Landscape 852,461 1,004,704 801,313 203,391 Capital Improv/Engineering Administration 397,924 504,770 326,026 178,744 Work Alternative 215,264 223,860 164,163 59,697 Total public works 10,269,164 12,511,895 10,145,047 2,366,848

PUBLIC SAFETY
Administration 7,505,881 7,040,832 6,808,526 232,306 Police Cadets 12,156 12,156 10,980 1,176 Prisoner Custody 955,574 618,825 559,170 59,655 Community Policing 29,617,773 27,911,880 26,541,265 1,370,615 Traffic Division 1,114,027 1,692,648 1,829,578 (136,930) Investigation 5,793,528 4,592,341 4,467,929 124,412 Special Operations Unit 1,900,203 1,558,841 1,476,094 82,747 Communications 4,468,721 4,266,059 3,585,183 680,876 Emergency Services 95,188 132,788 24,022 108,766 Community Volunteer 80,874 69,674 60,826 8,848 Facility Maintenance 696,900 781,900 586,830 195,070 Public Safety and Community Resources 1,331,234 2,133,108 1,618,263 514,845 Total public safety 53,572,059 50,811,052 47,568,666 3,242,386

PARKS AND RECREATION
Community Services - 417,557 15,516 402,041 Total parks and recreation - 417,557 15,516 402,041 (Continued)
Budget
109
City of Antioch
Required Supplementary Information, Continued
Budgetary Comparison Schedule
For the Fiscal Year Ended June 30, 2023
Schedule of Expenditures and Transfers Out - General Fund Variance With
Final Budget
Positive
Original Final Actual (Negative)

COMMUNITY DEVELOPMENT
Land Planning Services 2,576,179 1,816,734 1,725,327 91,407 Code Enforcement 3,271,753 2,484,909 2,225,195 259,714 Building Inspection 1,592,303 1,668,325 1,302,150 366,175 Total community development 7,440,235 5,969,968 5,252,672 717,296 Total current expenditures 83,012,440 84,276,807 75,785,676 8,491,131

CAPITAL OUTLAY
General Government:

Finance 5,000 11,800 26,023 (14,223)
Public Works:

Street Maintenance 15,000 144,618 - 144,618 Facilities Maintenance 2,000 31,467 23,647 7,820
Parks Maintenance 10,000 20,000 - 20,000
Engineering and Land Development 20,000 10,000 - 10,000 Median and General Landscape - 15,000 - 15,000
Capital Improv/Engineering Administration 20,000 10,000 - 10,000 Public Safety:

Administration - 337,384 557,386 (220,002) Community Policing 837,376 1,126,325 1,600,265 (473,940) Communications 15,030 311,390 - 311,390
Facility Maintenance 147,500 307,500 - 307,500 Animal Control - 40,000 - 40,000
Public Safety and Community Resources - 112,500 - 112,500 Community Development:

Code Enforcement 5,250 5,250 - 5,250
Building Inspections 1,000 222,669 596,615 (373,946) Total capital outlay 1,078,156 2,705,903 2,803,936 (98,033)

DEBT SERVICE
Principal retirement - 611,351 599,663 11,688 Interest and fiscal charges - 891 891 -
Total debt service - 612,242 600,554 11,688

OTHER FINANCING USES
Transfers out:

Animal Control 1,971,447 1,923,994 1,733,670 190,324 Recreation 2,899,577 4,215,871 4,110,254 105,617 Downtown Street Light & Landscape District 1,059,458 1,059,458 1,059,458 - Capital Project 265,000 2,208,788 2,208,788 - ABAG/2015 Lease Revenue 348,732 348,732 348,688 44 Marina 400,000 491,000 585,000 (94,000) Total transfers out 6,944,214 10,247,843 10,045,858 201,985 Total general fund expenditures and
other financing uses 91,034,810$ 97,842,795$ 89,236,024$ 8,606,771$ (Concluded)
Budget
110
City of Antioch
Required Supplementary Information, Continued
Budgetary Comparison Schedule
For the Fiscal Year Ended June 30, 2023
Special Revenue Fund - American Rescue Plan
Variance With
Final Budget
Positive
Original Final Actual (Negative)
REVENUES:

Investment income and rentals 25,000 $ 50,000$ 224,041$ 174,041$ Revenues from other agencies - 8,799,134 1,747,475 (7,051,659) Total revenues 25,000 8,849,134 1,971,516 (6,877,618) EXPENDITURES:

Current:
1,000 3,151,000 300,410 2,850,590 - 1,200,000 1,162,930 37,070
General overnment
Public safety
Parks and recreation - 13,315 13,315 -
Capital outlay - 4,846,685 2,377,553 2,469,132
Debt service:

Principal retirements - 211,110 211,110 -
Interest and fiscal charges - 3,024 6,732 (3,708) 1,000 9,425,134 4,072,050 5,353,084 REVENUES OVER (UNDER) EXPENDITURES24,000 (576,000) (2,100,534) (1,524,534) OTHER FINANCING SOURCES:

Other financing proceeds - lease - - 2,292,309 2,292,309 Total other financing sources - - 2,292,309 2,292,309 Net change in fund balances 24,000$ (576,000)$ 191,775 (1,524,534)$ FUND BALANCES:

Beginning of year 48,181
End of year 239,956$
Budget
111
City of Antioch
Notes to Required Supplementary Information
For the Fiscal Year Ended June 30, 2023

Miscellaneous Employees Retirement System,
an Agent Multiple-Employer Defined Benefit Pension Plan As of June 30, 2023
Last 10 Years*

SCHEDULE OF CHANGES IN THE NET PENSION LIABILITY AND RELATED RATIOS 2014 2015 2016
Total Pension Liability
Service Cost 2,275,615 $ 2,281,384$ 2,494,442$ Interest on total pension liability 10,868,782 11,178,491 11,647,037 Difference between expected and actual
experience - (1,909,680) 139,957 Changes in assumptions - (2,712,350) - Changes in benefits - - - Benefit payments, including refunds of employee
contributions (7,232,184) (7,404,372) (7,758,833) Net change in total pension liability 5,912,213 1,433,473 6,522,603 Total pension liability - beginning 147,395,383 153,307,596 154,741,069 Total pension liability - ending (a) 153,307,596$ 154,741,069$ 161,263,672$ Plan fiduciary net position
Contributions - employer 2,667,605 $ 3,289,258$ 3,697,065$ Contributions - employee 1,105,584 1,003,111 1,080,984 Plan to plan resource movement - 387 (3,027) Net Investment income 16,670,267 2,321,856 475,723 Benefit payments (7,232,184) (7,404,372) (7,758,833) Net change in plan fiduciary net position13,211,272 (789,760) (2,508,088) Plan fiduciary net position - beginning 97,110,375 110,321,647 109,531,887 Plan fiduciary net position - ending (b)110,321,647$ 109,531,887$ 107,023,799$ Net pension liability - ending (a) - (b) 42,985,949$ 45,209,182$ 54,239,873$ Plan fiduciary net position as a percentage of the
total pension liability 71.96% 70.78% 66.37%
Covered payroll 12,054,961 $ 12,390,746$ 13,647,238$ Net pension liability as a percentage of covered
payroll 356.58% 364.86% 397.44%
Measurement Date

Continued

112
City of Antioch
Notes to Required Supplementary Information
For the Fiscal Year Ended June 30, 2023

Miscellaneous Employees Retirement System,
an Agent Multiple-Employer Defined Benefit Pension Plan As of June 30, 2023
Last 10 Years*
SCHEDULE OF CHANGES IN THE NET PENSION LIABILITY AND RELATED RATIOS (Continued) 2017 2018 2019
Total Pension Liability
Service Cost 2,915,302 $ 2,922,215$ 3,092,004$ Interest on total pension liability 11,876,603 12,047,268 12,595,424 Difference between expected and actual
experience (2,427,359) 1,026,397 1,488,223 Changes in assumptions 9,786,815 (5,098,503) - Benefit payments, including refunds of employee
contributions (7,948,898) (8,723,758) (9,028,396) Net change in total pension liability 14,202,463 2,173,619 8,147,255 Total pension liability - beginning 161,263,672 175,466,135 177,639,754 Total pension liability - ending (a) 175,466,135$ 177,639,754$ 185,787,009$ Plan fiduciary net position
Contributions - employer 4,285,820 $ 4,474,827$ 5,216,376$ Contributions - employee 1,233,457 1,214,081 1,309,647 Plan to plan resource movement (32,798) (285) - Net Investment income 11,632,807 9,812,078 8,052,609 Benefit payments (7,948,898) (8,723,758) (9,028,396) Adminstrative/other expense - (524,904) (87,095) Net change in plan fiduciary net position 9,170,388 6,252,039 5,463,141 Plan fiduciary net position - beginning 107,023,799 116,194,187 122,446,226 Plan fiduciary net position - ending (b) 116,194,187$ 122,446,226$ 127,909,367$ Net pension liability - ending (a) - (b) 59,271,948$ 55,193,528$ 57,877,642$ Plan fiduciary net position as a percentage of the
total pension liability 66.22% 68.93% 68.85%
Covered payroll 14,125,211 $ 15,774,222$ 16,660,534$ Net pension liability as a percentage of covered
payroll 419.62% 349.90% 347.39%
Measurement Date

Continued

113
City of Antioch
Notes to Required Supplementary Information
For the Fiscal Year Ended June 30, 2023

Miscellaneous Employees Retirement System,
an Agent Multiple-Employer Defined Benefit Pension Plan As of June 30, 2023
Last 10 Years*

SCHEDULE OF CHANGES IN THE NET PENSION LIABILITY AND RELATED RATIOS 2020 2021 2022
Total Pension Liability
Service Cost 3,221,987 $ 3,459,124$ 3,833,786$ Interest on total pension liability 13,144,331 13,667,925 13,799,907 Difference between expected and actual
experience 1,176,928 624,579 (411,159) Changes in assumptions - - 2,477,640 Changes in benefits - - - Benefit payments, including refunds of employee
contributions (9,476,248) (10,096,726) (10,987,263) Net change in total pension liability 8,066,998 7,654,902 8,712,911 Total pension liability - beginning 185,787,009 193,854,007 201,508,909 Total pension liability - ending (a) 193,854,007$ 201,508,909$ 210,221,820$ Plan fiduciary net position
Contributions - employer 5,978,057 $ 6,552,551$ 7,466,603$ Contributions - employee 1,481,915 1,383,568 1,779,614 Net Investment income 6,388,125 29,975,592 (12,120,654) Benefit payments (9,476,248) (10,096,726) (10,987,263) Adminstrative/other expense (180,321) (131,961) (99,536) Net change in plan fiduciary net position 4,191,528 27,683,024 (13,961,236) Plan fiduciary net position - beginning 127,909,367 132,100,895 159,783,919 Plan fiduciary net position - ending (b) 132,100,895$ 159,783,919$ 145,822,683$ Net pension liability - ending (a) - (b) 61,753,112$ 41,724,990$ 64,399,137$ Plan fiduciary net position as a percentage of the
total pension liability 68.14% 79.29% 69.37%
Covered payroll 13,783,663 $ 14,506,042$ 15,385,856$ Net pension liability as a percentage of covered
payroll 448.02% 287.64% 418.56%
Measurement Date

Notes to Schedule:

114
City of Antioch
Notes to Required Supplementary Information
For the Fiscal Year Ended June 30, 2023

Miscellaneous Employees Retirement System,
an Agent Multiple-Employer Defined Benefit Pension Plan As of June 30, 2023
Last 10 Years*

SCHEDULE OF CONTRIBUTIONS

2015 2016 2017 2018 2019 2020
Contractually required
Contribution 3,289,258 $ 3,697,065$ 4,298,817$ 4,474,827$ 5,216,376$ 5,976,332$ Contributions in Relation to
the Contractually required
Contribution (3,289,258) (3,697,065) (4,298,817) (4,474,827) (5,216,376) (5,976,332) Contribution Deficiency
(Excess) - $ -$ -$ - $ - $ - $ Covered Payroll 12,390,746$ 13,647,238$ 14,125,211$ 15,774,222$ 16,660,534$ 13,783,663$ Contributions as a Percentage
of Covered Payroll 26.55% 27.09% 30.43% 28.37% 31.31% 43.36% 2021 2022 2023
Contractually required
Contribution 6,552,551 $ 7,466,603$ 7,597,672$
Contributions in Relation to
the Contractually required
Contribution (6,552,551) (7,466,603) (7,597,672) Contribution Deficiency
(Excess) - $ -$ -$
Covered Payroll 14,506,042$ 15,385,856$ 17,178,728$
Contributions as a Percentage
of Covered Payroll 45.17% 48.53% 44.23%
*Fiscal year 2015 was the 1st year of implementation, therefore only nine years are shown.

115
City of Antioch
Notes to Required Supplementary Information
For the Fiscal Year Ended June 30, 2023
Public Safety Employees Retirement System,
Cost-Sharing Multiple-Employer Defined Benefit Pension Plan As of June 30, 2023
Last 10 Years*
SCHEDULE OF THE CITYS PROPORTIONATE SHARE OF THE NET PENSION LIABILITY 2015 2016 2017 2018 2019 2020Measurement Date 6/30/2014 6/30/2015 6/30/2016 6/30/2017 6/30/2018 6/30/2019Proportion of the net pension liability 0.537714% 0.547227% 0.54130% 0.53688% 0.55465% 0.5950%Proportionate share of the net pension liability 33,459,081$ 37,561,170$ 46,835,514$ 53,243,957$ 53,447,620$ 57,331,714$ Covered payroll 10,649,187$ 11,368,228$ 12,074,088$ 13,591,940$ 15,966,685$ 14,435,147$ Proportionate share of the net pension liability as percentage of covered payroll 314.19% 330.40% 387.90% 391.73% 334.74% 397.17%Plan fiduciary net position as a percentage of the total pension liability 79.82% 78.40% 74.06% 73.31% 75.26% 75.26%2021 2022 2023Measurement Date 6/30/2020 6/30/2021 6/30/2022Proportion of the net pension liability 0.57004% 0.72692% 0.061826%Proportionate share of the net pension liability 62,022,849$ 39,313,713$ 71,414,539$ Covered payroll 16,818,793$ 17,582,762$ 16,889,987$ Proportionate share of the net pension liability as percentage of covered payroll 368.77% 223.59% 422.82%Plan fiduciary net position as a percentage of the total pension liability 75.10% 88.29% 76.68% Notes to Schedule:

The CalPERS discount rate was increased from 7.5% to 7.65% in fiscal year 2016, decreased from 7.65% to 7.15% in fiscal year 2018, then decreased from 7.15% to 6.9% in fiscal year 2023. *Fiscal year 2015 was the 1st year of implementation, therefore only nine years are shown. 116
City of Antioch
Notes to Required Supplementary Information
For the Fiscal Year Ended June 30, 2023
Public Safety Employees Retirement System,
Cost-Sharing Multiple-Employer Defined Benefit Pension Plan As of June 30, 2023
Last 10 Years*

SCHEDULE OF CONTRIBUTIONS
2015 2016 2017 2018 2019 2020
Contractually Required
Contribution 3,652,991 $ 4,113,904$ 4,702,631$ 5,194,425$ 5,826,251$ 6,805,621$ Contributions in Relation to the
Contractually Required
Contribution (3,652,991) (4,113,904) (4,702,631) (5,412,879) (5,935,126) (7,156,622) Contribution Deficiency (Excess) -$ - $ - $ (218,454)$ (108,875)$ (351,001)$ Covered Payroll 11,368,228 12,074,088 13,591,940 15,966,685 14,435,147 16,818,793 Contributions as a Percentage of
Covered Payroll 32.13% 34.07% 34.60% 32.53% 40.36% 40.46% 2021 2022 2023
Contractually Required
Contribution 7,781,622 $ 8,233,237$ 8,523,189$
Contributions in Relation to the
Contractually Required
Contribution (7,856,353) (8,233,237) (8,523,189)
Contribution Deficiency (Excess) (74,731)$ - $ - $ Covered Payroll 17,582,762 16,889,987 15,886,647
Contributions as a Percentage of
Covered Payroll 44.26% 48.75% 53.65%
*Fiscal year 2015 was the 1st year of implementation, therefore only nine years are shown. 117
City of Antioch
Notes to Required Supplementary Information
For the Fiscal Year Ended June 30, 2023

Supplementary Retirement Plan
As of June 30, 2023
Last 10 Years*

SCHEDULE OF CHANGES IN THE NET PENSION LIABILITY AND RELATED RATIOS

2015 2016 2017 2018 2019 2020
Total Pension Liability
Interest on total pension liability 76,000$ 89,649 $ 89,935 $ 90,425$ 90,559 $ 90,608 $ Difference between expected and actual
experience - 36,011 - 41,781 - 7,522 Changes in assumptions (23,000) (439,207) - 41,643 - (8,821) Benefit payments, including refunds of
employee contributions (82,000) (83,627) (85,299) (87,006) (88,746) (90,521) Net change in total pension liability(29,000) (397,174) 4,636 86,843 1,813 (1,212) Total pension liability - beginning2,104,000 2,075,000 1,677,826 1,682,462 1,769,305 1,771,118 Total pension liability - ending (a) 2,075,000$ 1,677,826 $ 1,682,462 $ 1,769,305$ 1,771,118 $ 1,769,906 $ Plan fiduciary net position
Contributions - employer 91,667$ 627,588$ 483,310 $ 696,045$ 145,013 $ - $ Net Investment income - 29,508 46,509 24,809 101,806 92,803 Administrative expense (5,000) (34,983) (27,156) (39,073) (8,150) - Benefit payments (82,000) (83,627) (85,299) (87,006) (88,746) (90,521) Net change in plan fiduciary net
position 4,667 538,486 417,364 594,775 149,923 2,282 Plan fiduciary net position - beginning69,000 73,667 612,153 1,029,517 1,624,292 1,774,215 Plan fiduciary net position -
ending (b) 73,667$ 612,153$ 1,029,517$ 1,624,292$ 1,774,215 $ 1,776,497 $ Net pension liability (asset) -
ending (a) - (b) 2,001,333 $ 1,065,673 $ 652,945 $ 145,013$ (3,097) $ (6,591)$ Plan fiduciary net position as a
percentage
of the total pension liability 3.55% 36.48% 61.19% 91.80% 100.17% 100.37% Covered payroll - - - - - - Net pension liability as a percentage of
covered payroll** n/a n/a n/a n/a n/a n/a
Continued
118
City of Antioch
Notes to Required Supplementary Information
For the Fiscal Year Ended June 30, 2023

Supplementary Retirement Plan
As of June 30, 2023
Last 10 Years*
SCHEDULE OF CHANGES IN THE NET PENSION LIABILITY AND RELATED RATIOS (Continued)

2021 2022 2023
Total Pension Liability
Interest on total pension liability 90,496$ 90,352$ 85,041$ Difference between expected and actual
experience - 9,847 - Changes in assumptions - 163,732 - Benefit payments, including refunds of
employee contributions (92,331) (94,178) (96,061) Net change in total pension liability (1,835) 169,753 (11,020) Total pension liability - beginning 1,769,906 1,768,071 1,937,824 Total pension liability - ending (a) 1,768,071$ 1,937,824$ 1,926,804$ Plan fiduciary net position
Net Investment income 191,751 (198,821) 50,018 Benefit payments (92,331) (94,178) (96,061) Net change in plan fiduciary net position 99,420 (292,999) (46,043) Plan fiduciary net position - beginning 1,776,497 1,875,917 1,582,918 Plan fiduciary net position - ending (b) 1,875,917$ 1,582,918$ 1,536,875$ Net pension liability (asset) - ending (a) - (b) (107,846)$ 354,906$ 389,929$ Plan fiduciary net position as a percentage
of the total pension liability 106.10% 81.69% 79.76%
Net pension liability as a percentage of covered
payroll** n/a n/a n/a

Notes to Schedule:

Covered payroll: This is a closed plan and thus there is no covered employee payroll.

*Fiscal year 2015 was the 1st year of implementation, therefore only nine years are shown. **This is a closed plan with only retired participants and therefore no active payroll to report.

119
City of Antioch
Notes to Required Supplementary Information
For the Fiscal Year Ended June 30, 2023

Supplementary Retirement Plan
As of June 30, 2023
Last 10 Years*

SCHEDULE OF CONTRIBUTIONS

2015 2016 2017 2018 2019 2020
Actuarially Determined
Contribution 184,000 $ 182,000$ 182,000$ 41,000$ 41,000$ 29,000$ Contributions in Relation to the
Actuarially Determined
Contribution (91,667) (627,588) (283,310) (696,045) (145,013) - Contribution Deficiency (Excess) 92,333$ (445,588)$ (101,310)$ (655,045)$ (104,013)$ 29,000 $ Covered Payroll - - - - - - Contributions as a Percentage of
Covered Payroll** n/a n/a n/a n/a n/a n/a
2021 2022 2023
Actuarially Determined
Contribution 29,000 $ 9,000 $ 9,000$
Contributions in Relation to the
Actuarially Determined
Contribution - - -
Contribution Deficiency (Excess) 29,000$ 9,000 $ 9,000$ Covered Payroll - - -
Contributions as a Percentage of
Covered Payroll** n/a n/a n/a
Notes to Schedule:
*Fiscal year 2015 was the 1st year of implementation, therefore only nine years are shown.

No ADC was made in 2020 and 2021 as the plan was fully funded. No ADC was made in 2022 and 2023 as anticipated being fully funded.
**This is a closed plan with only retired participants and therefore no active payroll to report.

120

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121
City of Antioch
Notes to Required Supplementary Information
For the Fiscal Year Ended June 30, 2023

California Employers Retiree Benefit Trust
SCHEDULE OF CHANGES IN THE NET OPEB LIABILITY AND RELATED RATIOS MANAGEMENT PLAN
For the Measurement Periods Ended June 30 1
2017 2018 2019 2020
Total OPEB Liablity
Service Cost 99,704 $ 89,242$ 91,137$ 44,507$ Interest on total OPEB liability 263,097 280,264 267,176 334,957 Difference between expected and actual
experience - - 919,109 - Changes in assumptions (550,976) (39,065) (2,892,283) - Benefit payments (863,145) (864,159) (715,514) (694,546) Net change in total OPEB liability (1,051,320) (533,718) (2,330,375) (315,082) Total OPEB liability - beginning 9,072,633 8,021,313 7,487,595 5,157,220 Total OPEB liability - ending (a) 8,021,313$ 7,487,595$ 5,157,220$ 4,842,138$ Plan fiduciary net position
Contributions - employer 1,163,145 $ 905,839 $ 715,514$ 694,546$ Net Investment income 205,569 197,074 165,516 101,215 Administrative expense (1,053) (4,637) 579 (1,298) Benefit payments (863,145) (864,159) (715,514) (694,546) Net change in plan fiduciary net position 504,516 234,117 166,095 99,917 Plan fiduciary net position - beginning 1,962,683 2,467,199 2,701,316 2,867,411 Plan fiduciary net position - ending (b) 2,467,199$ 2,701,316$ 2,867,411$ 2,967,328$ Net OPEB liability - ending (a) - (b) 5,554,114$ 4,786,279$ 2,289,809$ 1,874,810$ Plan fiduciary net position as a percentage of the
total OPEB liability 30.76% 36.08% 55.60% 61.28%
Covered -employee payroll 2 4,994,964$ 5,022,596$ 7,169,542$ 7,865,847$ Net OPEB liability as a percentage of employee
covered payroll 111.19% 95.29% 31.94% 23.83%
Continued

122
City of Antioch
Notes to Required Supplementary Information
For the Fiscal Year Ended June 30, 2023

California Employers Retiree Benefit Trust
SCHEDULE OF CHANGES IN THE NET OPEB LIABILITY AND RELATED RATIOS MANAGEMENT PLAN (Continued)
For the Measurement Periods Ended June 30 1
2021 2022
Total OPEB Liablity
Service Cost 45,842 $ 56,781$
Interest on total OPEB liability 315,262 300,650 Difference between expected and actual
experience 214,738 -
Changes in assumptions 414,205 -
Benefit payments (637,924) (644,709)
Net change in total OPEB liability 352,123 (287,278) Total OPEB liability - beginning 4,842,138 5,194,261 Total OPEB liability - ending (a) 5,194,261$ 4,906,983$ Plan fiduciary net position
Contributions - employer 887,924 $ 644,709$
Net Investment income 864,727 (546,163)
Administrative expense (1,202) (1,034)
Benefit payments (637,924) (644,709)
Net change in plan fiduciary net position 1,113,525 (547,197) Plan fiduciary net position - beginning 2,967,328 4,080,853 Plan fiduciary net position - ending (b) 4,080,853$ 3,533,656$ Net OPEB liability - ending (a) - (b) 1,113,408$ 1,373,327$ Plan fiduciary net position as a percentage of the
total OPEB liability 78.56% 72.01%
Covered -employee payroll 2 8,875,309$ 9,526,481$
Net OPEB liability as a percentage of employee
covered payroll 12.55% 14.42%

1Fiscal year 2018 was the 1st year of implementation, therefore only six years are shown. 2Covered-employee payroll is used because contribution amounts are not based on payroll.

123
City of Antioch
Notes to Required Supplementary Information
For the Fiscal Year Ended June 30, 2023

California Employers Retiree Benefit Trust
SCHEDULE OF CHANGES IN THE NET OPEB LIABILITY AND RELATED RATIOS MISCELLANEOUS PLAN
For the Measurement Periods Ended June 30 1
2017 2018 2019 2020Total OPEB LiablityService Cost 546,732$ 486,921$ 497,069$ 213,827$ Interest on total OPEB liability 424,742 482,892 500,603 560,814 Difference between expected and actualexperience - - (947,094) - Changes in assumptions (1,145,298) (85,377) (4,694,453) - Benefit payments (612,381) (682,562) (506,824) (443,086) Net change in total OPEB liability (786,205) 201,874 (5,150,699) 331,555 Total OPEB liability - beginning 13,870,480 13,084,275 13,286,149 8,135,450 Total OPEB liability - ending (a) 13,084,275$ 13,286,149$ 8,135,450$ 8,467,005$ Plan fiduciary net positionContributions - employer 612,381$ 682,562$ 506,824$ 673,086$ Net Investment income 507,572 422,749 350,875 216,968 Administrative expense (2,581) (9,830) 1,226 (2,855) Benefit payments (612,381) (682,562) (506,824) (443,086) Net change in plan fiduciary net position 504,991 412,919 352,101 444,113 Plan fiduciary net position - beginning 4,808,572 5,313,563 5,726,482 6,078,583 Plan fiduciary net position - ending (b) 5,313,563$ 5,726,482$ 6,078,583$ 6,522,696$ Net OPEB liability - ending (a) - (b) 7,770,712$ 7,559,667$ 2,056,867$ 1,944,309$ Plan fiduciary net position as a percentage of the total OPEB liability 40.61% 43.10% 74.72% 77.04%Covered -employee payroll 2 9,817,645 9,987,924 8,990,906 10,035,828 Net OPEB liability as a percentage of employee covered payroll 79.15% 75.69% 22.88% 19.37% Continued
124
City of Antioch
Notes to Required Supplementary Information
For the Fiscal Year Ended June 30, 2023

California Employers Retiree Benefit Trust
SCHEDULE OF CHANGES IN THE NET OPEB LIABILITY AND RELATED RATIOS MISCELLANEOUS PLAN (Continued)
For the Measurement Periods Ended June 30 1
2021 2022
Total OPEB Liablity
Service Cost 220,242 $ 212,167$
Interest on total OPEB liability 582,735 566,473 Difference between expected and actual
experience (146,572) -
Changes in assumptions 690,163 -
Benefit payments (483,631) (511,332)
Net change in total OPEB liability 862,937 267,308 Total OPEB liability - beginning 8,467,005 9,329,942 Total OPEB liability - ending (a) 9,329,942$ 9,597,250$ Plan fiduciary net position
Contributions - employer 1,133,631 $ 536,332 $
Net Investment income 1,322,267 (1,139,958)
Administrative expense (2,550) (2,155)
Benefit payments (483,631) (511,332)
Net change in plan fiduciary net position 1,969,717 (1,117,113) Plan fiduciary net position - beginning 6,522,696 8,492,413 Plan fiduciary net position - ending (b) 8,492,413$ 7,375,300$ Net OPEB liability - ending (a) - (b) 837,529$ 2,221,950$ Plan fiduciary net position as a percentage of the
total OPEB liability 91.02% 76.85%
Covered -employee payroll 2 10,673,201 11,080,111
Net OPEB liability as a percentage of employee
covered payroll 7.85% 20.05%

1Fiscal year 2018 was the 1st year of implementation, therefore only six years are shown. 2Covered-employee payroll is used because contribution amounts are not based on payroll.

125
City of Antioch
Notes to Required Supplementary Information
For the Fiscal Year Ended June 30, 2023

California Employers Retiree Benefit Trust
SCHEDULE OF CHANGES IN THE NET OPEB LIABILITY AND RELATED RATIOS POLICE PLAN

For the Measurement Periods Ended June 30 1

2017 2018 2019 2020Total OPEB LiablityService Cost 1,372,714$ 1,182,226$ 1,203,718$ 450,552$ Interest on total OPEB liability1,285,771 1,448,586 1,521,901 1,610,811 Difference between expected and actualexperience - - (5,403,122) - Changes in assumptions (4,649,266) (341,619) (13,522,145) - Benefit payments (805,720) (890,450) (840,610) (828,484) Net change in total OPEB liability (2,796,501) 1,398,743 (17,040,258) 1,232,879 Total OPEB liability - beginning 41,746,794 38,950,293 40,349,036 23,308,778 Total OPEB liability - ending (a) 38,950,293$ 40,349,036$ 23,308,778$ 24,541,657$ Plan fiduciary net positionContributionss - employer 805,720$ 890,450$ 840,610$ 1,898,484$ Net Investment income 321,116 267,454 221,983 151,317 Administrative expense (1,632) (6,219) 776 (2,217) Benefit payments (805,720) (890,450) (840,610) (828,484) Net change in plan fiduciary net position 319,484 261,235 222,759 1,219,100 Plan fiduciary net position - beginning 3,042,157 3,361,641 3,622,876 3,845,635 Plan fiduciary net position - ending (b) 3,361,641$ 3,622,876$ 3,845,635$ 5,064,735$ Net OPEB liability - ending (a) - (b) 35,588,652$ 36,726,160$ 19,463,143$ 19,476,922$ Plan fiduciary net position as a percentage of the total OPEB liability8.63% 8.98% 16.50% 20.64%Covered -employee payroll 2 13,734,057 13,581,702 16,702,564 18,854,908 Net OPEB liability as a percentage of employeecovered payroll 259.13% 270.41% 116.53% 103.30% Continued
126
City of Antioch
Notes to Required Supplementary Information
For the Fiscal Year Ended June 30, 2023

California Employers Retiree Benefit Trust
SCHEDULE OF CHANGES IN THE NET OPEB LIABILITY AND RELATED RATIOS POLICE PLAN (Continued)
For the Measurement Periods Ended June 30 1

2021 2022Total OPEB LiablityService Cost 464,069$ 464,383$ Interest on total OPEB liability 1,695,972 1,678,582 Difference between expected and actualexperience (632,863) - Changes in assumptions 2,322,679 - Benefit payments (852,856) (970,597) Net change in total OPEB liability 2,997,001 1,172,368 Total OPEB liability - beginning 24,541,657 27,538,658 Total OPEB liability - ending (a) 27,538,658$ 28,711,026$ Plan fiduciary net positionContributionss - employer 1,518,004 2,305,632 Net Investment income 2,002,925 (1,173,952) Administrative expense (2,088) (2,064) Benefit payments (852,856) (970,597) Net change in plan fiduciary net position 2,665,985 159,019 Plan fiduciary net position - beginning 5,064,735 7,730,720 Plan fiduciary net position - ending (b) 7,730,720$ 7,889,739$ Net OPEB liability - ending (a) - (b) 19,807,938$ 20,821,287$ Plan fiduciary net position as a percentage of the total OPEB liability 28.07% 27.48%Covered -employee payroll 2 20,290,021 19,880,758 Net OPEB liability as a percentage of employeecovered payroll 97.62% 104.73%

1Fiscal year 2018 was the 1st year of implementation, therefore only six years are shown. 2Covered-employee payroll is used because contribution amounts are not based on payroll.

127
City of Antioch
Notes to Required Supplementary Information
For the Fiscal Year Ended June 30, 2023

California Employers Retiree Benefit Trust
As of June 30, 2023
Last 10 Years 1
SCHEDULE OF CONTRIBUTIONS MANAGEMENT PLAN

2018 2019 2020 2021Actuarially Determined Contribution 727,107$ 287,302$ 233,291$ 213,789$ Contributions in Relation to the ActuariallyDetermined Contribution 905,839 715,514 694,546 887,924 Contribution Deficiency (Excess) (178,732)$ (428,212)$ (461,255)$ (674,135)$ Covered Employee Payroll 25,022,596$ 7,169,542$ 7,865,847$ 8,875,309$ Contributions as a Percentage of CoveredPayroll 18.04% 9.98% 8.83% 10.00%Continued

128
City of Antioch
Notes to Required Supplementary Information
For the Fiscal Year Ended June 30, 2023

California Employers Retiree Benefit Trust
As of June 30, 2023
Last 10 Years 1
SCHEDULE OF CONTRIBUTIONS MANAGEMENT PLAN (Continued)

2022 2023
Actuarially Determined Contribution 220,200$ 241,579$ Contributions in Relation to the Actuarially
Determined Contribution 648,918 670,869
Contribution Deficiency (Excess) (428,718)$ (429,290)$ Covered Employee Payroll 2 9,526,481$ 11,008,275$
Contributions as a Percentage of Covered
Payroll 6.81% 6.09%

Notes to Schedule:

*Actuarial methods and assumptions used to set the actuarially determined contributions for Fiscal Year 2018 were from the June 30, 2015 valuation; Fiscal Year 2019 and 2020 were from the June 30, 2017 valuation; Fiscal year 2021 and 2022 from the June 30, 2019 valuation and Fiscal year 2023 from the June 30, 2021 valuation.

Methods and assumptions used to determine 2023 contributions:

Actuarial Cost Method Entry Age Normal Cost, Level Percent of Pay Amortization Method/Period Level percent of payroll over a closed 30-year period Asset Valuation Method
Inflation
Payroll Growth
Investment Rate of Return
Market Value

2.50%

3.00%

6.80%
Healthcare cost-trend rates 5.6% per year.

Retirement Age 2.7% @55 for Miscellaneous classic employees, 2% @62 for Miscellaneous PEPRA employees, 3% @50 for Safety classic employees, 2.7% @57 for Safety PEPRA employees. The probabilities of retirement are based on the 2017 CalPERS Experience Study for the period from 1997-2015.

Mortality Pre- retirement mortality based on 2017 CalPERS 1997-2015 Experience Study covering CalPERS participants adjusted to back out 15 years of Scale MP to central year 2015. Post retirement mortality probability based on MacLeod Watts Scale 2020 applied generationally from 2015.

1Fiscal year 2018 was the 1st year of implementation, therefore only six years are shown. 2Covered-employee payroll is used because contribution amounts are not based on payroll.

129
City of Antioch
Notes to Required Supplementary Information
For the Fiscal Year Ended June 30, 2023

California Employers Retiree Benefit Trust
As of June 30, 2023
Last 10 Years 1
SCHEDULE OF CONTRIBUTIONS MISCELLANEOUS PLAN

2018 2019 2020 2021
Actuarially Determined Contribution 1,208,972$ 521,061 $ 402,665$ 398,829$ Contributions in Relation to the Actuarially
Determined Contribution 682,562 506,824 673,086 1,133,631 Contribution Deficiency (Excess) 526,410$ 14,237$ (270,421)$ (734,802)$ Covered Employee Payroll 2 9,987,924$ 8,990,906$ 10,035,828$ 10,673,202$ Contributions as a Percentage of Covered
Payroll 6.83% 5.64% 6.71% 10.62%
Continued

130
City of Antioch
Notes to Required Supplementary Information
For the Fiscal Year Ended June 30, 2023

California Employers Retiree Benefit Trust
As of June 30, 2023
Last 10 Years 1
SCHEDULE OF CONTRIBUTIONS MISCELLANEOUS PLAN (Continued)

2022 2023
Actuarially Determined Contribution 401,524$ 591,476$ Contributions in Relation to the Actuarially
Determined Contribution 556,214 752,911
Contribution Deficiency (Excess) (154,690)$ (161,435)$ Covered Employee Payroll 2 11,080,111$ 11,736,347$
Contributions as a Percentage of Covered
Payroll 5.02% 6.42%

Notes to Schedule:

*Actuarial methods and assumptions used to set the actuarially determined contributions for Fiscal Year 2018 were from the June 30, 2015 valuation and Fiscal Year 2019 and 2020 were from the June 30, 2017 valuation. Fiscal Year 2021 and 2022 contributions were from the June 30, 2019 valuation and Fiscal Year 2023 contributions were from the June 30, 2021 valuation.

Methods and assumptions used to determine 2023 contributions:

2.50%

3.00%

6.8%
Healthcare cost-trend rates 5.6% per year.

1Fiscal year 2018 was the 1st year of implementation, therefore only six years shown. 2Covered-employee payroll is used because contribution amounts are not based on payroll.

131
City of Antioch
Notes to Required Supplementary Information
For the Fiscal Year Ended June 30, 2023

California Employers Retiree Benefit Trust
As of June 30, 2023
Last 10 Years 1
SCHEDULE OF CONTRIBUTIONS POLICE PLAN

2018 2019 2020 2021Actuarially Determined Contribution 3,367,235$ 2,119,228$ 2,061,829$ 2,128,780$ Contributions in Relation to the ActuariallyDetermined Contribution 890,450 840,610 1,898,484 1,518,004 Contribution Deficiency (Excess) 2,476,785$ 1,278,618$ 163,345$ 610,776$ Covered Employee Payroll 213,581,702$ 16,202,478$ 16,818,793$ 20,290,021$ Contributions as a Percentage of CoveredPayroll 6.56% 5.19% 11.29% 7.48%Continued

132
City of Antioch
Notes to Required Supplementary Information
For the Fiscal Year Ended June 30, 2023

California Employers Retiree Benefit Trust
As of June 30, 2023
Last 10 Years 1
SCHEDULE OF CONTRIBUTIONS POLICE PLAN (Continued)

2022 2023Actuarially Determined Contribution 2,192,645$ 1,590,494$ Contributions in Relation to the ActuariallyDetermined Contribution 2,307,507 1,679,698 Contribution Deficiency (Excess) (114,862)$ (89,204)$ Covered Employee Payroll 219,880,758$ 19,036,772$ Contributions as a Percentage of CoveredPayroll 11.61% 8.82%

Notes to Schedule:

*Actuarial methods and assumptions used to set the actuarially determined contributions for Fiscal Year 2018 were from the June 30, 2015 valuation and Fiscal Year 2019 and 2020 were from the June 30, 2017 valuation. Fiscal Year 2021 contributions were from the June 30, 2019 valuation and Fiscal Year 2023 from the June 30, 2021 valuation.

Methods and assumptions used to determine 2023 contributions:

2.50%

3.00%

6.80%
Healthcare cost-trend rates 5.6% per year.

1Fiscal year 2018 was the 1st year of implementation, therefore only six years are shown. 2Covered-employee payroll is used because contribution amounts are not based on payroll.

133
City of Antioch
Notes to Required Supplementary Information
For the Fiscal Year Ended June 30, 2023

BUDGETARY BASIS OF ACCOUNTING

The City follows these procedures in establishing the budgetary data reflected in the required supplementary information:

1. The City Manager submits to the City Council a proposed operating budget for the fiscal year commencing the following July 1. The operating budget includes proposed expenditures and the means of financing them.

2. Public hearings are conducted to obtain taxpayer comments.

3. The budget is legally enacted through passage of a minute order.

4. The City Manager is authorized to transfer budgeted amounts between departments within any fund; however, any revisions that increase the total expenditures of any fund must be approved by the City Council. Expenditures may not legally exceed budgeted appropriations at the fund level without City Council approval.

5. The City adopts a two year budget for its General Fund, Special Revenue Funds, Debt Service Funds and Capital Projects Funds.

6. Budgets are adopted on a basis consistent with accounting principles generally accepted in the United States of America. Amounts presented include amendments approved by the City Council.

7. Encumbrance accounting is employed as an extension of formal budgetary integration in the City's governmental funds. Encumbrances outstanding at year end are reported as assignments of fund balances, since they do not yet constitute expenditures or liabilities. Encumbrances are reappropriated in the following year. Unexpended appropriations lapse at year end.

134

SUPPLEMENTAL INFORMATION
135
City of Antioch
Combining Balance Sheet
Non-Major Governmental Funds
June 30, 2023
Special Debt Capital
Revenue Funds Service Funds Project Funds Total
ASSETS
Cash and investments 46,929,032 $ - $ 15,322,315$ 62,251,347$ Receivables:

Accounts, net 1,224,093 - 18,397 1,242,490 Tax 1,317,813 - - 1,317,813 Prepaid items 163,401 226 - 163,627 Lease interest receivable 1,822 - - 1,822 Lease receivable 974,036 - - 974,036 Loans receivable 20,044,226 - - 20,044,226 Total assets 70,654,423$ 226 $ 15,340,712$ 85,995,361$

LIABILITIES
Liabilities:

Accounts payable 2,985,178 $ - $ 67,782$ 3,052,960$ Accrued payroll 286,872 - 2,430 289,302 Deposits 1,079,886 - 168,948 1,248,834 Due to other funds 732,311 - - 732,311 Unearned revenue 74,812 - - 74,812 Total liabilities 5,159,059 - 239,160 5,398,219

DEFERRED INFLOWS OF RESOURCES
Unavailable transient lodging tax 5,207 - - 5,207 Unavailable grant receipts 179,191 - - 179,191 Unavailable loan interest 4,765,469 - - 4,765,469 Lease related amounts 945,290 - - 945,290 Total deferred inflows of resources 5,895,157 - - 5,895,157 136
City of Antioch
Combining Balance Sheet
Non-Major Governmental Funds
June 30, 2023
Special Debt Capital
Revenue Funds Service Funds Project Funds Total
Fund Balances:

Nonspendable:

Petty cash and prepaid items 167,451 - - 167,451 Restricted for:

Housing & Development 22,053,218 - - 22,053,218 Disability Access 162,535 - - 162,535 Animal Services 59,450 - - 59,450 Debt Service - 226 - 226 Public Facilities - - 8,950,211 8,950,211 Streets 20,558,307 - - 20,558,307 PEG Programming 374,360 - - 374,360 Storm Channels 3,990,401 - - 3,990,401 Landscape Maintenance 3,556,165 - - 3,556,165 Tidelands Areas Protection 134,358 - - 134,358 Law Enforcement 522,408 - - 522,408 Traffic Safety 23,042 - - 23,042 Abandoned Vehicle 787,671 - - 787,671 Opioid Abatement 44,694 - - 44,694 Committed to:

Parks 2,930,652 - - 2,930,652 Landscape Maintenance 234,752 - - 234,752 Arts & Cultural Activities 309,148 - - 309,148 Recreation Programs 502,863 - - 502,863 Field Maintenance 906,608 - - 906,608 Memorial Field Maintenance 21,864 - - 21,864 Road Repair 582,653 - - 582,653 Waste Reduction 261,434 - - 261,434 Youth Activities/Building Maintenance 196,027 - - 196,027 Traffic Signals 659,985 - - 659,985 Post Retirement Medical 1,236,999 - - 1,236,999 Assigned to:

Parks & Recreation 60,853 - - 60,853 Capital Projects - - 5,444,116 5,444,116 Community Benefit Programs - - 41,452 41,452 AD 26 - - 389,610 389,610 AD 27 - - 276,163 276,163 Unassigned (737,691) - - (737,691) Total fund balances 59,600,207 226 15,101,552 74,701,985 Total liabilities, deferred inflows of resources
and fund balances 70,654,423$ 226 $ 15,340,712$ 85,995,361$ 137
City of Antioch
Combining Statement of Revenues, Expenditures and Changes in Fund Balances Non-Major Governmental Funds
For the Fiscal Year Ended June 30, 2023
Special Debt Capital
Revenue Funds Service Funds Project Funds Total
REVENUES:

Taxes 7,911,982 $ - $ 300,000$ 8,211,982$ Fines and penalties 101,382 - - 101,382 Investment income and rentals 1,204,180 - 122,213 1,326,393 Revenue from other agencies 2,429,408 - 458,657 2,888,065 Current service charges 7,035,936 - 2,532,124 9,568,060 Special assessment revenue 4,421,260 - - 4,421,260 Other 2,780,712 - 7,237 2,787,949 Total revenues 25,884,860 - 3,420,231 29,305,091 EXPENDITURES:

Current:

General government 1,217,966 57 1,680 1,219,703 Public works 5,492,408 - 257,255 5,749,663 Public safety 4,959,102 - 3,404 4,962,506 Parks and recreation 5,590,580 - 26,185 5,616,765 Community development 120,358 - 121 120,479 Capital outlay 3,102,473 - 569,820 3,672,293 Debt service:

Principal retirement - 235,000 - 235,000 Interest and fiscal charges - 113,475 - 113,475 Total expenditures 20,482,887 348,532 858,465 21,689,884 REVENUES OVER (UNDER) EXPENDITURES5,401,973 (348,532) 2,561,766 7,615,207 OTHER FINANCING SOURCES (USES):

Transfers in 7,054,391 348,688 2,346,298 9,749,377 Transfers (out) (4,580,579) - (1,972) (4,582,551) Total other financing sources (uses) 2,473,812 348,688 2,344,326 5,166,826 Net change in fund balances 7,875,785 156 4,906,092 12,782,033 FUND BALANCES:

Beginning of year, as restated 51,724,422 70 10,195,460 61,919,952 End of year 59,600,207 $ 226 $ 15,101,552$ 74,701,985$ 138

NON-MAJOR SPECIAL REVENUE FUNDS
These funds account for the proceeds derived from special revenue sources, which are legally restricted to expenditures for specified purposes.

Delta Fair Property Fund
This fund accounts for revenues resulting from the sale or lease of surplus right-of-way property acquired from the State.

In accordance with agreements with the State, expenditures must be for park and recreational facilities.

Housing and Community Development Fund
This fund accounts for grant funds received from the Federal government for the purpose of developing viable urban communities.

Housing Success Fund
This fund was established to account for the administration of housing assets transferred by the former Antioch Development Agency to the City as Housing Successor.

RMRA Fund
This fund accounts for the receipts and expenditures of the Road Repair and Accountability Act (SB1) funds.

Gas Tas Fund
This fund accounts for revenues and related expenditures received from the State under the Streets and Highway Code Sections 2105, 2106, 2107, and 2107.5. The allocations must be spent for street maintenance or construction and a limited amount for engineering.

Recreation Programs
This fund accounts for revenue received to cover the costs of recreation programs provided by the City's Leisure Services Divisions.

Animal Services Fund
This fund accounts for revenues and expenditures of the City's animal services program. A portion of the revenues required to operate this function comes from animal licenses and shelter, adoption, handling, and impound fees. The reminder comes from a subsidy transfer from the General Fund.

Civic Arts Fund
This fund accounts for money specifically set aside for art programs and projects. Revenues come from a percentage of the City's Transient Occupancy Tax. Expenditures are for a variety of programs in the fund and performing arts, as well as projects such as Art in Public Places.

Park in Lieu Fund
This fund accounts for revenues from park dedication fees required of all new construction. Monies are accumulated in accounts allocated to certain parks on the basis of the area in which the construction is taking place. These funds are then appropriated and spent for park development.

Senior Bus Fund
This fund accounts for the City's Senior Bus Program, which provides door-to-door transportation to frail, elderly, and disabled individuals. Revenue sources are grant funds through the Metropolitan Transportation Commission and fees paid by riders and the Antioch Committee on Aging.
139
NON-MAJOR SPECIAL REVENUE FUNDS, Continued
Abandoned Vehicles Fund
This fund accounts for revenue from AB 4114, whichcharges a $1.00 fee onthe registrationof all vehicles located inthe City. The funds are received from the County and are used to remove abandoned vehicles form City streets.

Traffic Signal Fee Fund
This fund accounts for fees from developers for all new traffic signal construction.

Asset Forfeitures Fund
This fund was established to account for the proceeds from sales of assets seized inconnectionwithdrugenforcement.

These proceeds are to be used for law enforcement purposes.

Measure J Growth Management Program Fund
This fund accounts for Measure J Funds, which are used to construct roads.

Child Care Fund
This fund accounts for lease revenue received and Cityexpenditures relatingto the child chare center leased from the City by the YWCA.

Tidelands Assembly Bill 1900
In1990, the California State Legislature passed legislationthat created tidelands entitlement areas. Funds aregenerated by payments from the lessees of the City's tidelands areas. This revenue is limited to improving accessibility and/or protection of the City's waterfront areas.

Maintenance Districts
Established to account for revenue and related expenditures of lighting and landscape activities.

Solid Waste Reduction AB 939
Under AB 939, a special fee is levied bythe State against each tonof solid waste, whichis disposed at landfill sites. A portion of this fee goes back to the cities on a quarterly basis for use in achieving AB 939 goals.

Pollution Elimination
This fund was established to acount for activities related to the National PollutionDischarge EliminationProgram. The purpose of this program is to monitor and reduce storm water pollution.

Supplemental Law Enforcement
This fund accounts for supplemental public safety funding allocated in AB 3229. Funds must be used for front-line police services and must supplement and not supplant existing funding for law enforcement services.

Street Impact Fund
This fund accounts for franchise taxes received.

Traffic Safety Fund
This fund accounts for fines and forfeitures received under Section 1463 of the Penal Code. Funds shall be used exclusively for official traffic control devices, the maintenance thereof, equipment and supplies for traffic law enforcement and traffic accident prevention.
140
NON-MAJOR SPECIAL REVENUE FUNDS, Continued
PEG Franchise Fee Fund
This fund accounts for a 1% fee collected from video franchises to support local Public, Educational and Governmental Programming (PEG).

SB1186 Disability Access Fund
This fund accounts for a $4 state fee collected with new or renewed business licenses for the purposes of increasing disability access and compliance with construction-related accessibility requirements.

East Lone Tree Benefit District Fund
This fund accounts for the East Lone Tree Public FacilityBenefit District formed bythe CityinDecember 2016. A benefit district fee is charged to developers to be used to fund the planning, design/engineering and construction of transportation improvements - specifically the segments of Slatten Ranch Road and related infrastructure including storm drain, water, sanitary sewer, dry utilities and East Antioch Trail improvements.

Kaiser Public Facility Benefit District Fund
This fund accounts for the Kaiser Public Facility Benefit District Fund established in order to provide for the reimbursement of certain public improvements completed by Kaiser Foundation Hospitals. Fees charged to developers will be used to reimburse Kaiser Foundation Hospitals for engineering and construction costs of Deer Valley Road, Sand Creek Road and Wellness Way located within the District boundries.

Opioid Settlements Fund
This fund accounts for settlement monies received bythe Cityas part of the Janssen & Distributors Opioid Settlements.

Funds must be used for opioid abatement activities.

CalVIP Grant Fund
This fund accounts forgrant fundingfrom the Board of State and CommunityCorrections under the California Violence Intervention and Prevention (CalVIP) grant program. Funds are to support effective violence reduction initiatives.

Storm Damage Fund
This fund accounts for the cost of damages incurred under the state and local emergency declared by the State of California due to severe storm damage. The City has applied for federal funding under FEMA-4683-DR-CA to be reimbursed for costs.

CFD 2016-01 Police Protection
This fund accounts for CFD 2016-01 formed bythe Cityin2017 and accounts for a special tax secured bya continuing lien against all non-exempt real property in the CFD to fund all or a portion of the cost of Police protection services.

CFD 2018-01 Public Services
This fund accounts for CFD 2018-01 formed bythe Cityin2018 and accounts for a special tax secured bya continuing lien against all non-exempt real property in the CFD to fund all or a portion of the cost of neighborhood park and street lighting maintenance, neighborhood landscape maintenance, stormwater maintenance, open space maintenance and administrative expenses of the CFD.

CFD 2018-02 Police Protection
This fund accounts for CFD 2018-02 formed bythe Cityin2018 and accounts for a special tax secured bya continuing lien against all non-exempt real property in the CFD to fund all or a portion of the cost of Police protection services. 141
NON-MAJOR SPECIAL REVENUE FUNDS, Continued
CFD 2022-01 Public Services
This fund accounts for CFD 2022-01 formed bythe Cityin2022 and accounts for a special tax secured bya continuing lien against all non-exempt real property in the CFD to fund all or a portion of the cost of neighborhood park and street lighting maintenance, neighborhood landscape maintenance, stormwater maintenance, open space maintenance and administrative expenses of the CFD.

Post Retirement Medical
This fund is used to pay post retirement medical benefits for retirees under the following categories: Miscellaneous, Police, and Management employees.
142
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143
City of Antioch
Combining Balance Sheet
Non-Major Special Revenue Funds
June 30, 2023
Housing and Housing
Delta Fair Community Successor
Property Development Fund RMRA
ASSETS
Cash and investments - $ 736,038$ 6,684,016$ 5,291,487$ Receivables:

Accounts, net 179,387 607,603 - - Taxes - - - 230,988 Prepaid items - - - - Lease interest receivable 1,305 - - - Lease receivable 621,124 - - - Loans receivable - 6,911,738 13,132,488 - Total assets 801,816$ 8,255,379$ 19,816,504$ 5,522,475$

LIABILITIES, DEFERRED INFLOWS OF

RESOURCES AND FUND BALANCES
Liabilities:

Accounts payable - $ 997,575$ 253,340$ 12,706$ Accrued payroll - 856 1,425 891 Deposits - - - - Due to other funds 59,809 - - - Unearned revenue - - - - Total liabilities 59,809 998,431 254,765 13,597

DEFERRED INFLOWS OF RESOURCES
Unavailable transient occupancy tax - - - - Unavailable grant receipts 179,191 - - - Unavailable loan interest - 1,134,340 3,631,129 - Lease related amounts 608,182 - - - Total deferred inflows of resources 787,373 1,134,340 3,631,129 - 144
City of Antioch
Combining Balance Sheet
Non-Major Special Revenue Funds
June 30, 2023
Housing and Housing
Delta Fair Community Successor
Property Development Fund RMRA
Fund balances:

Nonspendable:

Petty cash and prepaid items - - - - Restricted for:

Housing & Development - 6,122,608 15,930,610 - Disability Access - - - - Animal Services Operations - - - - Streets - - - 5,508,878 PEG Programming - - - - Storm Channels - - - - Landscape Maintenance - - - - Tidelands Areas Protection - - - - Law Enforcement - - - - Traffic Safety - - - - Abandoned Vehicle - - - - Opioid Abatement - - - - Committed to:

Parks - - - - Landscape Maintenance - - - - Arts & Cultural Activities - - - - Recreation Programs - - - - Field Maintenance - - - - Memorial Field Maintenance - - - - Road Repair - - - - Waste Reduction - - - - Youth Activities/Building Maintenance - - - - Traffic Signals - - - - Post Retirement Medical - - - - Assigned to:

Parks & Recreation - - - - Unassigned (45,366) - - - Total fund balances (45,366) 6,122,608 15,930,610 5,508,878 Total liabilities, deferred inflows of
resources and fund balances 801,816$ 8,255,379$ 19,816,504$ 5,522,475$ 145
City of Antioch
Combining Balance Sheet
Non-Major Special Revenue Funds
June 30, 2023 (Continued)
Recreation Animal
Gas Tax Programs Services Civic Arts
ASSETS
Cash and investments 1,724,600 $ 2,317,585$ 130,521 $ 276,974$ Receivables:

Accounts, net - 35,958 1,850 9,233 Taxes 524,603 - - 31,483 Prepaid items - 6,247 50 - Lease interest receivable - 517 - - Lease receivable - 352,912 - - Loans receivable - - - - Total assets 2,249,203$ 2,713,219$ 132,421 $ 317,690$

LIABILITIES, DEFERRED INFLOWS OF

RESOURCES AND FUND BALANCES
Liabilities:

Accounts payable 286,649 $ 380,789$ 12,655$ 2,501$ Accrued payroll 2,513 207,122 41,921 - Deposits - 271,756 18,345 834 Due to other funds - - - - Unearned revenue - 74,812 - - Total liabilities 289,162 934,479 72,921 3,335

DEFERRED INFLOWS OF RESOURCES
Unavailable transient occupancy tax - - - 5,207 Unavailable grant receipts - - - - Unavailable loan interest - - - - Lease related amounts - 337,108 - - Total deferred inflows of resources - 337,108 - 5,207 146
City of Antioch
Combining Balance Sheet
Non-Major Special Revenue Funds
June 30, 2023 (Continued)
Recreation Animal
Gas Tax Programs Services Civic Arts
Fund balances:

Nonspendable:

Petty cash and prepaid items - 10,297 50 - Restricted for:

Housing & Development - - - - Disability Access - - - - Animal Services Operations - - 59,450 - Streets 1,960,041 - - - PEG Programming - - - - Storm Channels - - - - Landscape Maintenance - - - - Tidelands Areas Protection - - - - Law Enforcement - - - - Traffic Safety - - - - Abandoned Vehicle - - - - Opioid Abatement - - - - Committed to:

Parks - - - - Landscape Maintenance - - - - Arts & Cultural Activities - - - 309,148 Recreation Programs - 502,863 - - Field Maintenance - 906,608 - - Memorial Field Maintenance - 21,864 - - Road Repair - - - - Waste Reduction - - - - Youth Activities/Building Maintenance - - - - Traffic Signals - - - - Post Retirement Medical - - - - Assigned to:

Parks & Recreation - - - - Unassigned - - - - Total fund balances 1,960,041 1,441,632 59,500 309,148 Total liabilities, deferred inflows of
resources and fund balances 2,249,203$ 2,713,219$ 132,421 $ 317,690$ 147
City of Antioch
Combining Balance Sheet
Non-Major Special Revenue Funds
June 30, 2023 (Continued)
Park in Abandoned Traffic
Lieu Senior Bus Vehicles Signal Fee
ASSETS
Cash and investments 2,988,669 $ 60,813 $ 741,692$ 685,772$ Receivables:

Accounts, net - 40 45,979 - Taxes - - - - Prepaid items - - - - Lease interest receivable - - - - Lease receivable - - - - Loans receivable - - - - Total assets 2,988,669$ 60,853 $ 787,671$ 685,772$

LIABILITIES, DEFERRED INFLOWS OF

RESOURCES AND FUND BALANCES
Liabilities:

Accounts payable 57,956 $ - $ -$ 25,726$ Accrued payroll 61 - - 61 Deposits - - - - Due to other funds - - - - Unearned revenue - - - - Total liabilities 58,017 - - 25,787

DEFERRED INFLOWS OF RESOURCES
Unavailable transient occupancy tax - - - - Unavailable grant receipts - - - - Unavailable loan interest - - - - Lease related amounts - - - - Total deferred inflows of resources - - - - 148
City of Antioch
Combining Balance Sheet
Non-Major Special Revenue Funds
June 30, 2023 (Continued)
Park in Abandoned Traffic
Lieu Senior Bus Vehicles Signal Fee
Fund balances:

Nonspendable:

Petty cash and prepaid items - - - - Restricted for:

Housing & Development - - - - Disability Access - - - - Animal Services Operations - - - - Streets - - - - PEG Programming - - - - Storm Channels - - - - Landscape Maintenance - - - - Tidelands Areas Protection - - - - Law Enforcement - - - - Traffic Safety - - - - Abandoned Vehicle - - 787,671 - Opioid Abatement - - - - Committed to:

Parks 2,930,652 - - - Landscape Maintenance - - - - Arts & Cultural Activities - - - - Recreation Programs - - - - Field Maintenance - - - - Memorial Field Maintenance - - - - Road Repair - - - - Waste Reduction - - - - Youth Activities/Building Maintenance - - - - Traffic Signals - - - 659,985 Post Retirement Medical - - - - Assigned to:

Parks & Recreation - 60,853 - - Unassigned - - - - Total fund balances 2,930,652 60,853 787,671 659,985 Total liabilities, deferred inflows of
resources and fund balances 2,988,669$ 60,853 $ 787,671$ 685,772$ 149
City of Antioch
Combining Balance Sheet
Non-Major Special Revenue Funds
June 30, 2023 (Continued)
Measure J
Growth Tidelands
Asset Management Child Assembly
Forfeitures Program Care Bill - 1900
ASSETS
Cash and investments 1,190,994 $ 2,718,567$ 202,027 $ 134,358$ Receivables:

Accounts, net - - - - Taxes - - - - Prepaid items - 5,819 - - Lease interest receivable - - - - Lease receivable - - - - Loans receivable - - - - Total assets 1,190,994$ 2,724,386$ 202,027 $ 134,358$

LIABILITIES, DEFERRED INFLOWS OF

RESOURCES AND FUND BALANCES
Liabilities:

Accounts payable 4,253 $ 406,810$ - $ -$ Accrued payroll - 961 - - Deposits 664,333 3,520 6,000 - Due to other funds - - - - Unearned revenue - - - - Total liabilities 668,586 411,291 6,000 -

DEFERRED INFLOWS OF RESOURCES
Unavailable transient occupancy tax - - - - Unavailable grant receipts - - - - Unavailable loan interest - - - - Lease related amounts - - - - Total deferred inflows of resources - - - - 150
City of Antioch
Combining Balance Sheet
Non-Major Special Revenue Funds
June 30, 2023 (Continued)
Measure J
Growth Tidelands
Asset Management Child Assembly
Forfeitures Program Care Bill - 1900
Fund balances:

Nonspendable:

Petty cash and prepaid items - 5,819 - - Restricted for:

Housing & Development - - - - Disability Access - - - - Animal Services Operations - - - - Streets - 2,307,276 - - PEG Programming - - - - Storm Channels - - - - Landscape Maintenance - - - - Tidelands Areas Protection - - - 134,358 Law Enforcement 522,408 - - - Traffic Safety - - - - Abandoned Vehicle - - - - Opioid Abatement - - - - Committed to:

Parks - - - - Landscape Maintenance - - - - Arts & Cultural Activities - - - - Recreation Programs - - - - Field Maintenance - - - - Memorial Field Maintenance - - - - Road Repair - - - - Waste Reduction - - - - Youth Activities/Building Maintenance - - 196,027 - Traffic Signals - - - - Post Retirement Medical - - - - Assigned to:

Parks & Recreation - - - - Unassigned - - - - Total fund balances 522,408 2,313,095 196,027 134,358 Total liabilities, deferred inflows of
resources and fund balances 1,190,994$ 2,724,386$ 202,027 $ 134,358$ 151
City of Antioch
Combining Balance Sheet
Non-Major Special Revenue Funds
June 30, 2023 (Continued)
Lighting & Park 1A Solid Waste
Landscape Maintenance Reduction Pollution
District District AB 939 Elimination
ASSETS
Cash and investments 2,897,378 $ 246,733 $ 417,020$ 3,793,289$ Receivables:

Accounts, net - 3,238 175 312,166 Taxes - - - - Prepaid items - - 117 - Lease interest receivable - - - - Lease receivable - - - - Loans receivable - - - - Total assets 2,897,378$ 249,971 $ 417,312$ 4,105,455$

LIABILITIES, DEFERRED INFLOWS OF

RESOURCES AND FUND BALANCES
Liabilities:

Accounts payable 363,452 $ 15,115$ 35,892$ 105,193$ Accrued payroll 13,637 104 4,771 9,861 Deposits - - 115,098 - Due to other funds - - - - Unearned revenue - - - - Total liabilities 377,089 15,219 155,761 115,054

DEFERRED INFLOWS OF RESOURCES
Unavailable transient occupancy tax - - - - Unavailable grant receipts - - - - Unavailable loan interest - - - - Lease related amounts - - - - Total deferred inflows of resources - - - - 152
City of Antioch
Combining Balance Sheet
Non-Major Special Revenue Funds
June 30, 2023 (Continued)
Lighting & Park 1A Solid Waste
Landscape Maintenance Reduction Pollution
District District AB 939 Elimination
Fund balances:

Nonspendable:

Petty cash and prepaid items - - 117 - Restricted for:

Housing & Development - - - - Disability Access - - - - Animal Services Operations - - - - Streets - - - - PEG Programming - - - - Storm Channels - - - 3,990,401 Landscape Maintenance 2,520,289 - - - Tidelands Areas Protection - - - - Law Enforcement - - - - Traffic Safety - - - - Abandoned Vehicle - - - - Opioid Abatement - - - - Committed to:

Parks - - - - Landscape Maintenance - 234,752 - - Arts & Cultural Activities - - - - Recreation Programs - - - - Field Maintenance - - - - Memorial Field Maintenance - - - - Road Repair - - - - Waste Reduction - - 261,434 - Youth Activities/Building Maintenance - - - - Traffic Signals - - - - Post Retirement Medical - - - - Assigned to:

Parks & Recreation - - - - Unassigned - - - - Total fund balances 2,520,289 234,752 261,551 3,990,401 Total liabilities, deferred inflows of
resources and fund balances 2,897,378$ 249,971 $ 417,312$ 4,105,455$ 153
City of Antioch
Combining Balance Sheet
Non-Major Special Revenue Funds
June 30, 2023 (Continued)
Supplemental
Law Street Traffic PEG Franchise
Enforcement Impact Safety Fee
ASSETS
Cash and investments - $ 110,531$ - $ 316,810$ Receivables:

Accounts, net - - 28,464 - Taxes - 472,122 - 58,617 Prepaid items - - - - Lease interest receivable - - - - Lease receivable - - - - Loans receivable - - - - Total assets -$ 582,653$ 28,464$ 375,427$

LIABILITIES, DEFERRED INFLOWS OF

RESOURCES AND FUND BALANCES
Liabilities:

Accounts payable - $ -$ -$ 1,067$ Accrued payroll - - - - Deposits - - - - Due to other funds - - 5,422 - Unearned revenue - - - - Total liabilities - - 5,422 1,067

DEFERRED INFLOWS OF RESOURCES
Unavailable transient occupancy tax - - - - Unavailable grant receipts - - - - Unavailable loan interest - - - - Lease related amounts - - - - Total deferred inflows of resources - - - - 154
City of Antioch
Combining Balance Sheet
Non-Major Special Revenue Funds
June 30, 2023 (Continued)
Supplemental
Law Street Traffic PEG Franchise
Enforcement Impact Safety Fee
Fund balances:

Nonspendable:

Petty cash and prepaid items - - - - Restricted for:

Housing & Development - - - - Disability Access - - - - Animal Services Operations - - - - Streets - - - - PEG Programming - - - 374,360 Storm Channels - - - - Landscape Maintenance - - - - Tidelands Areas Protection - - - - Law Enforcement - - - - Traffic Safety - - 23,042 - Abandoned Vehicle - - - - Opioid Abatement - - - - Committed to:

Parks - - - - Landscape Maintenance - - - - Arts & Cultural Activities - - - - Recreation Programs - - - - Field Maintenance - - - - Memorial Field Maintenance - - - - Road Repair - 582,653 - - Waste Reduction - - - - Youth Activities/Building Maintenance - - - - Traffic Signals - - - - Post Retirement Medical - - - - Assigned to:

Parks & Recreation - - - - Unassigned - - - - Total fund balances - 582,653 23,042 374,360 Total liabilities, deferred inflows of
resources and fund balances -$ 582,653$ 28,464$ 375,427$ 155
City of Antioch
Combining Balance Sheet
Non-Major Special Revenue Funds
June 30, 2023 (Continued)
East Kaiser
SB1186 Lone Tree Public Facility Opioid
Disability Access Benefit District Benefit District Settlements ASSETS
Cash and investments 162,535 $ 8,855,088$ 1,927,024$ 44,694 $ Receivables:

Accounts, net - - - - Taxes - - - - Prepaid items - - - - Lease interest receivable - - - - Lease receivable - - - - Loans receivable - - - - Total assets 162,535$ 8,855,088$ 1,927,024$ 44,694 $

LIABILITIES, DEFERRED INFLOWS OF

RESOURCES AND FUND BALANCES
Liabilities:

Accounts payable - $ -$ -$ -$ Accrued payroll - - - - Deposits - - - - Due to other funds - - - - Unearned revenue - - - - Total liabilities - - - -

DEFERRED INFLOWS OF RESOURCES
Unavailable transient occupancy tax - - - - Unavailable grant receipts - - - - Unavailable loan interest - - - - Lease related amounts - - - - Total deferred inflows of resources - - - - 156
City of Antioch
Combining Balance Sheet
Non-Major Special Revenue Funds
June 30, 2023 (Continued)
East Kaiser
SB1186 Lone Tree Public Facility Opioid
Disability Access Benefit District Benefit District Settlements Fund balances:

Nonspendable:

Petty cash and prepaid items - - - - Restricted for:

Housing & Development - - - - Disability Access 162,535 - - - Animal Services Operations - - - - Streets - 8,855,088 1,927,024 - PEG Programming - - - - Storm Channels - - - - Landscape Maintenance - - - - Tidelands Areas Protection - - - - Law Enforcement - - - - Traffic Safety - - - - Abandoned Vehicle - - - - Opioid Abatement - - - 44,694 Committed to:

Parks & Recreation - - - - Unassigned - - - - Total fund balances 162,535 8,855,088 1,927,024 44,694 Total liabilities, deferred inflows of
resources and fund balances 162,535$ 8,855,088$ 1,927,024$ 44,694 $ 157
City of Antioch
Combining Balance Sheet
Non-Major Special Revenue Funds
June 30, 2023 (Continued)
CFD 2016-01 CFD 2018-01
CalVIP Storm Police Public
Grant Damage Protection Services
ASSETS
Cash and investments - $ -$ -$ 989,425$ Receivables:

Accounts, net - - - - Taxes - - - - Prepaid items - - - - Lease interest receivable - - - - Lease receivable - - - - Loans receivable - - - - Total assets -$ -$ -$ 989,425$

LIABILITIES, DEFERRED INFLOWS OF

RESOURCES AND FUND BALANCES
Liabilities:

Accounts payable 22,557 $ - $ -$ -$ Accrued payroll 2,688 - - - Deposits - - - - Due to other funds 3,080 664,000 - - Unearned revenue - - - - Total liabilities 28,325 664,000 - -

DEFERRED INFLOWS OF RESOURCES
Unavailable transient occupancy tax - - - - Unavailable grant receipts - - - - Unavailable loan interest - - - - Lease related amounts - - - - Total deferred inflows of resources - - - - 158
City of Antioch
Combining Balance Sheet
Non-Major Special Revenue Funds
June 30, 2023 (Continued)
CFD 2016-01 CFD 2018-01
CalVIP Storm Police Public
Grant Damage Protection Services
Fund balances:

Nonspendable:

Petty cash and prepaid items - - - - Restricted for:

Housing & Development - - - - Disability Access - - - - Animal Services Operations - - - - Streets - - - - PEG Programming - - - - Storm Channels - - - - Landscape Maintenance - - - 989,425 Tidelands Areas Protection - - - - Law Enforcement - - - - Traffic Safety - - - - Abandoned Vehicle - - - - Opioid Abatement - - - - Committed to:

Parks & Recreation - - - - Unassigned (28,325) (664,000) - - Total fund balances (28,325) (664,000) - 989,425 Total liabilities, deferred inflows of
resources and fund balances -$ -$ -$ 989,425$ 159
City of Antioch
Combining Balance Sheet
Non-Major Special Revenue Funds
June 30, 2023 (Continued)
CFD 2018-02 CFD 2022-01 Post
Police Public Retirement
Protection Services Medical Total
ASSETS
Cash and investments - $ 46,451$ 1,237,941$ 46,929,032$ Receivables:

Accounts, net - - - 1,224,093 Taxes - - - 1,317,813 Prepaid items - - 151,168 163,401 Lease interest receivable - - - 1,822 Lease receivable - - - 974,036 Loans receivable - - - 20,044,226 Total assets -$ 46,451$ 1,389,109$ 70,654,423$

LIABILITIES, DEFERRED INFLOWS OF

RESOURCES AND FUND BALANCES
Liabilities:

Accounts payable - $ -$ 942$ 2,985,178$ Accrued payroll - - - 286,872 Deposits - - - 1,079,886 Due to other funds - - - 732,311 Unearned revenue - - - 74,812 Total liabilities - - 942 5,159,059

DEFERRED INFLOWS OF RESOURCES
Unavailable transient occupancy tax - - - 5,207 Unavailable grant receipts - - - 179,191 Unavailable loan interest - - - 4,765,469 Lease related amounts - - - 945,290 Total deferred inflows of resources - - - 5,895,157 160
City of Antioch
Combining Balance Sheet
Non-Major Special Revenue Funds
June 30, 2023 (Continued)
CFD 2018-02 CFD 2022-01 Post
Police Public Retirement
Protection Services Medical Total
Fund balances:

Nonspendable:

Petty cash and prepaid items - - 151,168 167,451 Restricted for:

Housing & Development - - - 22,053,218 Disability Access - - - 162,535 Animal Services Operations - - - 59,450 Streets - - - 20,558,307 PEG Programming - - - 374,360 Storm Channels - - - 3,990,401 Landscape Maintenance - 46,451 - 3,556,165 Tidelands Areas Protection - - - 134,358 Law Enforcement - - - 522,408 Traffic Safety - - - 23,042 Abandoned Vehicle - - - 787,671 Opioid Abatement - - - 44,694 Committed to:

Parks - - - 2,930,652 Landscape Maintenance - - - 234,752 Arts & Cultural Activities - - - 309,148 Recreation Programs - - - 502,863 Field Maintenance - - - 906,608 Memorial Field Maintenance - - - 21,864 Road Repair - - - 582,653 Waste Reduction - - - 261,434 Youth Activities/Building Maintenance - - - 196,027 Traffic Signals - - - 659,985 Post Retirement Medical - - 1,236,999 1,236,999 Assigned to:

Parks & Recreation - - - 60,853 Unassigned - - - (737,691) Total fund balances - 46,451 1,388,167 59,600,207 Total liabilities, deferred inflows of
resources and fund balances -$ 46,451$ 1,389,109$ 70,654,423$ 161
City of Antioch
Combining Statement of Revenues, Expenditures and Changes in Fund Balances Non-Major Special Revenue Funds
For the Fiscal Year Ended June 30, 2023
Housing and Housing
Delta Fair Community Successor
Property Development Fund RMRA
REVENUES:

Taxes - $ -$ -$ 2,546,579$ Fines and penalties - - - - Investment income and rentals 50,818 24,550 171,925 37,949 Revenue from other agencies - 1,606,752 - 150,112 Current service charges - - - - Special assessment revenue - - - - Other - 48,606 - - Total revenues 50,818 1,679,908 171,925 2,734,640 EXPENDITURES:

Current:

General government - - - - Public works 7,074 50,234 - 34,895 Public safety - 863,125 744,583 - Parks and recreation - - - - Community development - - - - Capital outlay 201,324 1,201,318 - 466,379 Total expenditures 208,398 2,114,677 744,583 501,274

REVENUES OVER
(UNDER) EXPENDITURES (157,580) (434,769) (572,658) 2,233,366 OTHER FINANCING SOURCES (USES):

Transfers in - - - - Transfers (out) - - - - Total other financing sources (uses) - - - - Net change in fund balances (157,580) (434,769) (572,658) 2,233,366 FUND BALANCES:

Beginning of year, as restated 112,214 6,557,377 16,503,268 3,275,512 End of year (45,366) $ 6,122,608$ 15,930,610$ 5,508,878$ 162
City of Antioch
Combining Statement of Revenues, Expenditures and Changes in Fund Balances Non-Major Special Revenue Funds
For the Fiscal Year Ended June 30, 2023 (Continued)
Recreation Animal
Gas Tax Programs Services Civic Arts
REVENUES:

Taxes 2,911,351 $ - $ -$ 94,791$ Fines and penalties - - - - Investment income and rentals 8,966 401,167 - 8,789 Revenue from other agencies - - 62,500 - Current service charges - 1,630,319 255,553 - Special assessment revenue - - - - Other - 7,217 22,903 4,157 Total revenues 2,920,317 2,038,703 340,956 107,737 EXPENDITURES:

Current:

General government - - - - Public works 755,422 - - - Public safety - - 2,015,126 - Parks and recreation - 5,502,771 - 42,466 Community development - - - - Capital outlay 274,709 282,357 - - Total expenditures 1,030,131 5,785,128 2,015,126 42,466

REVENUES OVER
(UNDER) EXPENDITURES 1,890,186 (3,746,425) (1,674,170) 65,271 OTHER FINANCING SOURCES (USES):

Transfers in - 4,188,883 1,733,670 - Transfers (out) (1,055,489) - - - Total other financing sources (uses) (1,055,489) 4,188,883 1,733,670 - Net change in fund balances 834,697 442,458 59,500 65,271 FUND BALANCES:

Beginning of year, as restated 1,125,344 999,174 - 243,877 End of year 1,960,041 $ 1,441,632$ 59,500 $ 309,148$ 163
City of Antioch
Combining Statement of Revenues, Expenditures and Changes in Fund Balances Non-Major Special Revenue Funds
For the Fiscal Year Ended June 30, 2023 (Continued)
Park in Abandoned Traffic
Lieu Senior Bus Vehicles Signal Fee
REVENUES:

Taxes - $ -$ -$ -$ Fines and penalties - - - - Investment income and rentals 43,706 1,578 10,476 12,809 Revenue from other agencies - - 112,620 - Current service charges 236,698 15,789 - 79,584 Special assessment revenue - - - - Other - - - - Total revenues 280,404 17,367 123,096 92,393 EXPENDITURES:

Current:

General government - - - - Public works - - - 13,898 Public safety - - 5,538 - Parks and recreation 12,268 30,971 - - Community development - - - - Capital outlay 111,722 - - 87,495 Total expenditures 123,990 30,971 5,538 101,393

REVENUES OVER
(UNDER) EXPENDITURES 156,414 (13,604) 117,558 (9,000) OTHER FINANCING SOURCES (USES):

Transfers in - - - - Transfers (out) - (7,700) - - Total other financing sources (uses) - (7,700) - - Net change in fund balances 156,414 (21,304) 117,558 (9,000) FUND BALANCES:

Beginning of year, as restated 2,774,238 82,157 670,113 668,985 End of year 2,930,652 $ 60,853 $ 787,671$ 659,985$ 164
City of Antioch
Combining Statement of Revenues, Expenditures and Changes in Fund Balances Non-Major Special Revenue Funds
For the Fiscal Year Ended June 30, 2023 (Continued)
Measure J
Growth Tidelands
Asset Management Child Assembly
Forfeitures Program Care Bill - 1900
REVENUES:

Taxes - $ -$ -$ -$ Fines and penalties - - - - Investment income and rentals 19,480 51,995 100,997 9,436 Revenue from other agencies - - - - Current service charges - - - - Special assessment revenue - - - - Other 4,903 - - - Total revenues 24,383 51,995 100,997 9,436 EXPENDITURES:

Current:

General government - - - - Public works - 140,802 - 507 Public safety 2,883 - - - Parks and recreation - - 2,104 - Community development - - - - Capital outlay - 396,577 - - Total expenditures 2,883 537,379 2,104 507

REVENUES OVER
(UNDER) EXPENDITURES 21,500 (485,384) 98,893 8,929 OTHER FINANCING SOURCES (USES):

Transfers in - - - - Transfers (out) - - (70,000) - Total other financing sources (uses) - - (70,000) - Net change in fund balances 21,500 (485,384) 28,893 8,929 FUND BALANCES:

Beginning of year, as restated 500,908 2,798,479 167,134 125,429 End of year 522,408 $ 2,313,095$ 196,027 $ 134,358$ 165
City of Antioch
Combining Statement of Revenues, Expenditures and Changes in Fund Balances Non-Major Special Revenue Funds
For the Fiscal Year Ended June 30, 2023 (Continued)
Lighting & Park 1A Solid Waste
Landscape Maintenance Reduction Pollution
District District AB 939 Elimination
REVENUES:

Taxes - $ 55,954$ 160,000$ - $ Fines and penalties - - - - Investment income and rentals 38,200 47,149 9,022 4,548 Revenue from other agencies - 260 206,594 - Current service charges - - - - Special assessment revenue 2,206,797 - - 878,674 Other - - 31,961 2,616,271 Total revenues 2,244,997 103,363 407,577 3,499,493 EXPENDITURES:

Current:

General government - - - - Public works 2,738,073 46,512 - 976,324 Public safety - - 364,851 - Parks and recreation - - - - Community development - - - 120,078 Capital outlay - 8,052 - 72,540 Total expenditures 2,738,073 54,564 364,851 1,168,942

REVENUES OVER
(UNDER) EXPENDITURES (493,076) 48,799 42,726 2,330,551 OTHER FINANCING SOURCES (USES):

Transfers in 1,061,838 - - 70,000 Transfers (out) (175,131) (2,380) - (229,331) Total other financing sources (uses) 886,707 (2,380) - (159,331) Net change in fund balances 393,631 46,419 42,726 2,171,220 FUND BALANCES:

Beginning of year, as restated 2,126,658 188,333 218,825 1,819,181 End of year 2,520,289 $ 234,752 $ 261,551$ 3,990,401$ 166
City of Antioch
Combining Statement of Revenues, Expenditures and Changes in Fund Balances Non-Major Special Revenue Funds
For the Fiscal Year Ended June 30, 2023 (Continued)
Supplemental
Law Street Traffic PEG Franchise
Enforcement Impact Safety Fee
REVENUES:

Taxes - $ 1,907,054$ - $ 236,253$ Fines and penalties - - 101,382 - Investment income and rentals 3,852 10,200 652 (89) Revenue from other agencies 290,570 - - - Current service charges - - - - Special assessment revenue - - - - Other - - - - Total revenues 294,422 1,917,254 102,034 236,164 EXPENDITURES:

Current:

General government - - - 11,453 Public works - 1,309 - - Public safety 229 - 52 - Parks and recreation - - - - Community development - - - - Capital outlay - - - - Total expenditures 229 1,309 52 11,453

REVENUES OVER
(UNDER) EXPENDITURES 294,193 1,915,945 101,982 224,711 OTHER FINANCING SOURCES (USES):

Transfers in - - - - Transfers (out) (319,536) (1,893,893) (120,000) - Total other financing sources (uses) (319,536) (1,893,893) (120,000) - Net change in fund balances (25,343) 22,052 (18,018) 224,711 FUND BALANCES:

Beginning of year, as restated 25,343 560,601 41,060 149,649 End of year - $ 582,653$ 23,042$ 374,360$ 167
City of Antioch
Combining Statement of Revenues, Expenditures and Changes in Fund Balances Non-Major Special Revenue Funds
For the Fiscal Year Ended June 30, 2023 (Continued)
East Kaiser
SB1186 Lone Tree Public Facility Opioid
Disability Access Benefit District Benefit District Settlements REVENUES:

Taxes - $ -$ -$ -$ Fines and penalties - - - - Investment income and rentals 1,743 136,138 (19,084) - Revenue from other agencies - - - - Current service charges 35,852 345,000 1,947,287 - Special assessment revenue - - - - Other - - - 44,694 Total revenues 37,595 481,138 1,928,203 44,694 EXPENDITURES:

Current:

General government - - - - Public works - 38,574 1,179 - Public safety - - - - Parks and recreation - - - - Community development 280 - - - Capital outlay - - - - Total expenditures 280 38,574 1,179 -

REVENUES OVER
(UNDER) EXPENDITURES 37,315 442,564 1,927,024 44,694 OTHER FINANCING SOURCES (USES):

Transfers in - - - - Transfers (out) - - - - Total other financing sources (uses) - - - - Net change in fund balances 37,315 442,564 1,927,024 44,694 FUND BALANCES:

Beginning of year, as restated 125,220 8,412,524 - - End of year 162,535 $ 8,855,088$ 1,927,024$ 44,694 $ 168
City of Antioch
Combining Statement of Revenues, Expenditures and Changes in Fund Balances Non-Major Special Revenue Funds
For the Fiscal Year Ended June 30, 2023 (Continued)
CFD 2016-01 CFD 2018-01
CalVIP Storm Police Public
Grant Damage Protection Services
REVENUES:

Taxes - $ -$ -$ -$ Fines and penalties - - - - Investment income and rentals - - 1,408 2,827 Revenue from other agencies - - - - Current service charges - - - - Special assessment revenue - - 246,948 581,581 Other - - - - Total revenues - - 248,356 584,408 EXPENDITURES:

Current:

General government - - - - Public works - 664,000 - 23,192 Public safety 28,325 - 248 - Parks and recreation - - - - Community development - - - - Capital outlay - - - - Total expenditures 28,325 664,000 248 23,192

REVENUES OVER
(UNDER) EXPENDITURES (28,325) (664,000) 248,108 561,216 OTHER FINANCING SOURCES (USES):

Transfers in - - - - Transfers (out) - - (248,108) - Total other financing sources (uses) - - (248,108) - Net change in fund balances (28,325) (664,000) - 561,216 FUND BALANCES:

Beginning of year, as restated - - - 428,209 End of year (28,325) $ (664,000)$ - $ 989,425$ 169
City of Antioch
Combining Statement of Revenues, Expenditures and Changes in Fund Balances Non-Major Special Revenue Funds
For the Fiscal Year Ended June 30, 2023 (Continued)
CFD 2018-02 CFD 2022-01 Post
Police Public Retirement
Protection Services Medical Total
REVENUES:

Taxes - $ -$ -$ 7,911,982$ Fines and penalties - - - 101,382 Investment income and rentals 399 (352) 12,926 1,204,180 Revenue from other agencies - - - 2,429,408 Current service charges - - 2,489,854 7,035,936 Special assessment revenue 460,044 47,216 - 4,421,260 Other - - - 2,780,712 Total revenues 460,443 46,864 2,502,780 25,884,860 EXPENDITURES:

Current:

General government - - 1,206,513 1,217,966 Public works - 413 - 5,492,408 Public safety 1,432 - 932,710 4,959,102 Parks and recreation - - - 5,590,580 Community development - - - 120,358 Capital outlay - - - 3,102,473 Total expenditures 1,432 413 2,139,223 20,482,887

REVENUES OVER
(UNDER) EXPENDITURES 459,011 46,451 363,557 5,401,973 OTHER FINANCING SOURCES (USES):

Transfers in - - - 7,054,391 Transfers (out) (459,011) - - (4,580,579) Total other financing sources (uses) (459,011) - - 2,473,812 Net change in fund balances - 46,451 363,557 7,875,785 FUND BALANCES:

Beginning of year, as restated - - 1,024,610 51,724,422 End of year - $ 46,451$ 1,388,167$ 59,600,207$ 170
City of Antioch
Budgetary Comparison Schedule
Delta Fair Property Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals 49,938 $ 43,107$ 50,818$ 7,711$ Revenue from other agencies - 2,952,000 - (2,952,000) Total revenues 49,938 2,995,107 50,818 (2,944,289) EXPENDITURES:

Current:

Public works 471 7,324 7,074 250 Capital outlay - 2,977,569 201,324 2,776,245 Total expenditures 471 2,984,893 208,398 2,776,495 REVENUES OVER (UNDER) EXPENDITURES49,467 10,214 (157,580) (167,794) Net change in fund balances 49,467$ 10,214$ (157,580) (167,794)$ FUND BALANCES:

Beginning of year 112,214
End of year (45,366)$
171
City of Antioch
Budgetary Comparison Schedule
Housing and Community Development Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance With
Final Budget
Original Final Positive
Budget Bud get Actual (Negative)
REVENUES:

Investment income and rentals 1,200 $ 1,200$ 24,550$ 23,350$ Revenue from other agencies 485,840 2,217,218 1,606,752 (610,466) Other 153,128 152,751 48,606 (104,145) Total revenues 640,168 2,371,169 1,679,908 (691,261) EXPENDITURES:

Current:

Public works - 50,234 50,234 - Public safety 512,040 1,247,704 863,125 384,579 Capital outlay - 1,483,000 1,201,318 281,682 Total expenditures 512,040 2,780,938 2,114,677 666,261 REVENUES OVER (UNDER) EXPENDITURES128,128 (409,769) (434,769) (25,000) Net change in fund balances 128,128$ (409,769)$ (434,769) (25,000)$ FUND BALANCES:

Beginning of year, as restated 6,557,377
End of year 6,122,608 $
172
City of Antioch
Budgetary Comparison Schedule
Housing Successor Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance With
Final Budget
Original Final Positive
Budget Bud get Actual (Negative)
REVENUES:

Investment income and rentals 3,000 $ 10,000$ 171,925$ 161,925$ Other 259,157 303,564 - (303,564) Total revenues 262,157 313,564 171,925 (141,639) EXPENDITURES:

Current:

Public safety 1,083,732 1,524,538 744,583 779,955 Total expenditures 1,083,732 1,524,538 744,583 779,955 REVENUES OVER (UNDER) EXPENDITURES(821,575) (1,210,974) (572,658) 638,316 Net change in fund balances (821,575)$ (1,210,974)$ (572,658) 638,316$ FUND BALANCES:

Beginning of year, as restated 16,503,268
End of year 15,930,610 $
173
City of Antioch
Budgetary Comparison Schedule
RMRA Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance With
Final Budget
Original Final Positive
Budget Bud get Actual (Negative)
REVENUES:

Taxes 2,270,683 $ 2,458,186$ 2,546,579$ 88,393 $ Investment income and rentals 25,000 25,000 37,949 12,949 Revenues from other agencies - 1,619,112 150,112 (1,469,000) Total revenues 2,295,683 4,102,298 2,734,640 (1,367,658) EXPENDITURES:

Current:

Public works 4,670 31,041 34,895 (3,854) Capital outlay 2,400,000 8,416,362 466,379 7,949,983 Total expenditures 2,404,670 8,447,403 501,274 7,946,129 REVENUES OVER (UNDER) EXPENDITURES(108,987) (4,345,105) 2,233,366 (6,578,471) OTHER FINANCING SOURCES:

Transfers in - 1,200,000 - (1,200,000) Total other financing sources - 1,200,000 - (1,200,000) Net change in fund balances (108,987)$ (3,145,105)$ 2,233,366 (6,578,471)$ FUND BALANCES:

Beginning of year 3,275,512
End of year 5,508,878$
174
City of Antioch
Budgetary Comparison Schedule
Gas Tax Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance With
Final Budget
Original Final Positive
Budget Bud get Actual (Negative)
REVENUES:

Taxes 2,855,000 $ 2,830,764$ 2,911,351$ 80,587 $ Investment income and rentals 25,000 25,000 8,966 (16,034) Revenues from other agencies - 98,000 - (98,000) Total revenues 2,880,000 2,953,764 2,920,317 (33,447) EXPENDITURES:

Current:

Public works 767,605 795,196 755,422 39,774 Capital outlay 850,000 1,041,651 274,709 766,942 Total expenditures 1,617,605 1,836,847 1,030,131 806,716 REVENUES OVER (UNDER) EXPENDITURES1,262,395 1,116,917 1,890,186 773,269 OTHER FINANCING (USES):

Transfers (out) (1,160,000) (1,237,660) (1,055,489) 182,171 Total other financing (uses) (1,160,000) (1,237,660) (1,055,489) 182,171 Net change in fund balances 102,395$ (120,743)$ 834,697 955,440$ FUND BALANCES:

Beginning of year 1,125,344
End of year 1,960,041$
175
City of Antioch
Budgetary Comparison Schedule
Recreation Programs Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals 367,000 $ 406,066$ 401,167$ (4,899)$ Current service charges 1,514,200 1,672,200 1,630,319 (41,881) Other 42,000 7,106 7,217 111 Total revenues 1,923,200 2,085,372 2,038,703 (46,669) EXPENDITURES:

Current:

Parks and recreation 4,861,477 5,727,035 5,502,771 224,264 Capital outlay 3,000 713,380 282,357 431,023 Total expenditures 4,864,477 6,440,415 5,785,128 655,287 REVENUES OVER (UNDER) EXPENDITURES(2,941,277) (4,355,043) (3,746,425) 608,618 OTHER FINANCING SOURCES:

Transfers in 2,977,277 4,294,500 4,188,883 (105,617) Total other financing sources 2,977,277 4,294,500 4,188,883 (105,617) Net change in fund balances 36,000$ (60,543)$ 442,458 503,001$ FUND BALANCES:

Beginning of year 999,174
End of year 1,441,632$
176
City of Antioch
Budgetary Comparison Schedule
Animal Services Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Revenue from other agencies - $ 62,500$ 62,500$ - $ Current service charges 216,200 230,780 255,553 24,773 Other 30,500 20,970 22,903 1,933 Total revenues 246,700 314,250 340,956 26,706 EXPENDITURES:

Current:

Public safety 2,218,147 2,177,449 2,015,126 162,323 Total expenditures 2,218,147 2,177,449 2,015,126 162,323 REVENUES OVER (UNDER) EXPENDITURES(1,971,447) (1,863,199) (1,674,170) 189,029 OTHER FINANCING SOURCES:

Transfers in 1,971,447 1,932,994 1,733,670 (199,324) Total other financing sources 1,971,447 1,932,994 1,733,670 (199,324) Net change in fund balances -$ 69,795$ 59,500 (10,295)$ FUND BALANCES:

Beginning of year -
End of year 59,500$
177
City of Antioch
Budgetary Comparison Schedule
Civic Arts Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Taxes 70,000 $ 85,000$ 94,791$ 9,791$ Investment income and rentals 20,004 6,340 8,789 2,449 Other - - 4,157 4,157 Total revenues 90,004 91,340 107,737 16,397 EXPENDITURES:

Current:

Parks and recreation 48,242 49,062 42,466 6,596 Total expenditures 48,242 49,062 42,466 6,596 REVENUES OVER (UNDER) EXPENDITURES41,762 42,278 65,271 22,993 Net change in fund balances 41,762$ 42,278$ 65,271 22,993$ FUND BALANCES:

Beginning of year 243,877
End of year 309,148$
178
City of Antioch
Budgetary Comparison Schedule
Park in Lieu Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals 15,000 $ 15,000$ 43,706$ 28,706$ Current service charges 300,000 205,148 236,698 31,550 Total revenues 315,000 220,148 280,404 60,256 EXPENDITURES:

Current:

Parks and recreation 20,141 20,141 12,268 7,873 Capital outlay 150,000 1,720,000 111,722 1,608,278 Total expenditures 170,141 1,740,141 123,990 1,616,151 REVENUES OVER (UNDER) EXPENDITURES144,859 (1,519,993) 156,414 1,676,407 OTHER FINANCING (USES):

Transfers (out) (250,000) (22,000) - 22,000 Total other financing (uses) (250,000) (22,000) - 22,000 Net change in fund balances (105,141)$ (1,541,993)$ 156,414 1,698,407$ FUND BALANCES:

Beginning of year 2,774,238
End of year 2,930,652$
179
City of Antioch
Budgetary Comparison Schedule
Senior Bus Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals 3,000 $ 1,000$ 1,578$ 578 $ Current service charges 5,000 13,169 15,789 2,620 Total revenues 8,000 14,169 17,367 3,198 EXPENDITURES:

Current:

Parks and recreation 34,618 34,518 30,971 3,547 Total expenditures 34,618 34,518 30,971 3,547 REVENUES OVER (UNDER) EXPENDITURES(26,618) (20,349) (13,604) 6,745 OTHER FINANCING (USES):

Transfers (out) (7,700) (7,700) (7,700) - Total other financing (uses) (7,700) (7,700) (7,700) - Net change in fund balances (34,318)$ (28,049)$ (21,304) 6,745 $ FUND BALANCES:

Beginning of year 82,157
End of year 60,853$
180
City of Antioch
Budgetary Comparison Schedule
Abandoned Vehicle Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals 10,000 $ 5,000$ 10,476$ 5,476$ Revenue from other agencies 100,000 100,000 112,620 12,620 Total revenues 110,000 105,000 123,096 18,096 EXPENDITURES:

Current:

Public safety 53,184 31,788 5,538 26,250 Total expenditures 53,184 31,788 5,538 26,250 REVENUES OVER (UNDER) EXPENDITURES56,816 73,212 117,558 44,346 Net change in fund balances 56,816$ 73,212$ 117,558 44,346$ FUND BALANCES:

Beginning of year 670,113
End of year 787,671$
181
City of Antioch
Budgetary Comparison Schedule
Traffic Signal Fee Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals 5,000 $ 5,000$ 12,809$ 7,809$ Current service charges 100,000 68,225 79,584 11,359 Total revenues 105,000 73,225 92,393 19,168 EXPENDITURES:

Current:

Public works 2,118 14,589 13,898 691 Capital outlay 500,000 511,491 87,495 423,996 Total expenditures 502,118 526,080 101,393 424,687 REVENUES OVER (UNDER) EXPENDITURES(397,118) (452,855) (9,000) 443,855 Net change in fund balances (397,118)$ (452,855)$ (9,000) 443,855$ FUND BALANCES:

Beginning of year 668,985
End of year 659,985$
182
City of Antioch
Budgetary Comparison Schedule
Asset Forfeitures Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals 15,050 $ 3,500$ 19,480$ 15,980$ Other 105,000 5,000 4,903 (97) Total revenues 120,050 8,500 24,383 15,883 EXPENDITURES:

Current:

Public safety 55,000 205,900 2,883 203,017 Capital outlay 50,000 - - - Total expenditures 105,000 205,900 2,883 203,017 REVENUES OVER (UNDER) EXPENDITURES15,050 (197,400) 21,500 218,900 Net change in fund balances 15,050$ (197,400)$ 21,500 218,900$ FUND BALANCES:

Beginning of year 500,908
End of year 522,408$
183
City of Antioch
Budgetary Comparison Schedule
Measure J Growth Management Program Special Revenue Fund For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Taxes 1,340,000 $ 1,340,000$ - $ (1,340,000)$ Investment income and rentals 25,000 25,000 51,995 26,995 Total revenues 1,365,000 1,365,000 51,995 (1,313,005) EXPENDITURES:

Current:

Public works 127,076 498,948 140,802 358,146 Capital outlay 950,000 700,000 396,577 303,423 Total expenditures 1,077,076 1,198,948 537,379 661,569 REVENUES OVER (UNDER) EXPENDITURES287,924 166,052 (485,384) (651,436) OTHER FINANCING (USES):

Transfers (out) - (1,200,000) - 1,200,000 Total other financing (uses) - (1,200,000) - 1,200,000 Net change in fund balances 287,924$ (1,033,948)$ (485,384) 548,564$ FUND BALANCES:

Beginning of year 2,798,479
End of year 2,313,095$
184
City of Antioch
Budgetary Comparison Schedule
Child Care Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals 95,952 $ 95,952$ 100,997$ 5,045 $ Total revenues 95,952 95,952 100,997 5,045 EXPENDITURES:

Current:

Parks and recreation 1,806 2,169 2,104 65 Total expenditures 1,806 2,169 2,104 65 REVENUES OVER (UNDER) EXPENDITURES94,146 93,783 98,893 5,110 OTHER FINANCING (USES):

Transfers (out) (70,000) (70,000) (70,000) - Total other financing (uses) (70,000) (70,000) (70,000) - Net change in fund balances 24,146$ 23,783$ 28,893 5,110$ FUND BALANCES:

Beginning of year 167,134
End of year 196,027$
185
City of Antioch
Budgetary Comparison Schedule
Tidelands Assembly Bill-1900 Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals 9,230 $ 10,282$ 9,436$ (846)$ Total revenues 9,230 10,282 9,436 (846) EXPENDITURES:

Current:

Public works 499 499 507 (8) Total expenditures 499 499 507 (8) REVENUES OVER (UNDER) EXPENDITURES8,731 9,783 8,929 (854) Net change in fund balances 8,731$ 9,783$ 8,929 (854)$ FUND BALANCES:

Beginning of year 125,429
End of year 134,358$
186
City of Antioch
Budgetary Comparison Schedule
Lighting & Landscape District Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals 14,350 $ 14,350$ 38,200$ 23,850$ Special assessment revenue 2,199,662 2,206,796 2,206,797 1 Total revenues 2,214,012 2,221,146 2,244,997 23,851 EXPENDITURES:

Current:

Public works 2,636,926 3,508,792 2,738,073 770,719 Total expenditures 2,636,926 3,508,792 2,738,073 770,719 REVENUES OVER (UNDER) EXPENDITURES(422,914) (1,287,646) (493,076) 794,570 OTHER FINANCING SOURCES (USES):

Transfers in 1,062,588 1,062,696 1,061,838 (858) Transfers (out) (220,454) (180,975) (175,131) 5,844 Total other financing sources (uses) 842,134 881,721 886,707 4,986 Net change in fund balances 419,220$ (405,925)$ 393,631 799,556$ FUND BALANCES:

Beginning of year 2,126,658
End of year 2,520,289$
187
City of Antioch
Budgetary Comparison Schedule
Park 1A Maintenance District Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Taxes 51,900 $ 53,707$ 55,954$ 2,247$ Investment income and rentals 48,300 47,590 47,149 (441) Revenue from other agencies 260 260 260 - Total revenues 100,460 101,557 103,363 1,806 EXPENDITURES:

Current:

Public works 63,356 54,197 46,512 7,685 Capital outlay - 8,052 8,052 - Total expenditures 63,356 62,249 54,564 7,685 REVENUES OVER (UNDER) EXPENDITURES37,104 39,308 48,799 9,491 OTHER FINANCING (USES):

Transfers (out) (3,130) (3,238) (2,380) 858 Total other financing (uses) (3,130) (3,238) (2,380) 858 Net change in fund balances 33,974$ 36,070$ 46,419 10,349$ FUND BALANCES:

Beginning of year 188,333
End of year 234,752$
188
City of Antioch
Budgetary Comparison Schedule
Solid Waste Reduction AB 939 Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Taxes 486,000 $ 511,000$ 160,000$ (351,000)$ Investment income and rentals 10,000 10,000 9,022 (978) Revenue from other agencies 48,000 203,981 206,594 2,613 Other 23,000 26,000 31,961 5,961 Total revenues 567,000 750,981 407,577 (343,404) EXPENDITURES:

Current:

Public safety 676,990 745,627 364,851 380,776 Total expenditures 676,990 745,627 364,851 380,776 REVENUES OVER (UNDER) EXPENDITURES(109,990) 5,354 42,726 37,372 Net change in fund balances (109,990)$ 5,354 $ 42,726 37,372$ FUND BALANCES:

Beginning of year 218,825
End of year 261,551$
189
City of Antioch
Budgetary Comparison Schedule
Pollution Elimination Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals 10,000 $ 5,000$ 4,548$ (452)$ Special assessment revenue 810,000 825,000 878,674 53,674 Other - 2,616,211 2,616,271 60 Total revenues 820,000 3,446,211 3,499,493 53,282 EXPENDITURES:

Current:

Public works 984,263 1,175,758 976,324 199,434 Community development 210,661 118,661 120,078 (1,417) Capital outlay 100,000 422,543 72,540 350,003 Total expenditures 1,294,924 1,716,962 1,168,942 548,020 REVENUES OVER (UNDER) EXPENDITURES(474,924) 1,729,249 2,330,551 601,302 OTHER FINANCING SOURCES (USES):

Transfers in 70,000 70,000 70,000 - Transfers (out) (251,508) (253,680) (229,331) 24,349 Total other financing sources (uses) (181,508) (183,680) (159,331) 24,349 Net change in fund balances (656,432)$ 1,545,569$ 2,171,220 625,651 $ FUND BALANCES:

Beginning of year 1,819,181
End of year 3,990,401$
190
City of Antioch
Budgetary Comparison Schedule
Supplemental Law Enforcement Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals 1,000 $ 1,000$ 3,852$ 2,852$ Revenue from other agencies 250,000 377,800 290,570 (87,230) Total revenues 251,000 378,800 294,422 (84,378) EXPENDITURES:

Current:

Public safety 60 200 229 (29) Total expenditures 60 200 229 (29) REVENUES OVER (UNDER) EXPENDITURES250,940 378,600 294,193 (84,407) OTHER FINANCING (USES):

Transfers (out) (250,000) (332,134) (319,536) 12,598 Total other financing (uses) (250,000) (332,134) (319,536) 12,598 Net change in fund balances 1,000$ 46,666$ (25,343) (71,780)$ FUND BALANCES:

Beginning of year 25,343
End of year -$
191
City of Antioch
Budgetary Comparison Schedule
Street Impact Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Taxes 1,706,411 $ 1,829,500$ 1,907,054$ 77,554 $ Investment income and rentals 10,000 10,000 10,200 200 Total revenues 1,716,411 1,839,500 1,917,254 77,754 EXPENDITURES:

Current:

Public works 1,205 1,235 1,309 (74) Total expenditures 1,205 1,235 1,309 (74) REVENUES OVER (UNDER) EXPENDITURES1,715,206 1,838,265 1,915,945 77,680 OTHER FINANCING (USES):

Transfers (out) (1,693,896) (1,893,896) (1,893,893) (3) Total other financing (uses) (1,693,896) (1,893,896) (1,893,893) (3) Net change in fund balances 21,310$ (55,631)$ 22,052 77,677$ FUND BALANCES:

Beginning of year 560,601
End of year 582,653$
192
City of Antioch
Budgetary Comparison Schedule
Traffic Safety Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Fines and penalties 110,000 $ 110,000$ 101,382$ (8,618)$ Investment income and rentals 1,000 500 652 152 Total revenues 111,000 110,500 102,034 (8,466) EXPENDITURES:

Current:

Public safety 114 114 52 62 Total expenditures 114 114 52 62 REVENUES OVER (UNDER) EXPENDITURES110,886 110,386 101,982 (8,404) OTHER FINANCING (USES):

Transfers (out) (120,000) (120,000) (120,000) - Total other financing (uses) (120,000) (120,000) (120,000) - Net change in fund balances (9,114)$ (9,614)$ (18,018) (8,404)$ FUND BALANCES:

Beginning of year 41,060
End of year 23,042$
193
City of Antioch
Budgetary Comparison Schedule
PEG Franchise Fee Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Taxes 255,000 $ 255,000$ 236,253$ (18,747)$ Investment income and rentals 5,000 5,000 (89) (5,089) Total revenues 260,000 260,000 236,164 (23,836) EXPENDITURES:

Current:

General government 84,664 84,864 11,453 73,411 Total expenditures 84,664 84,864 11,453 73,411 REVENUES OVER (UNDER) EXPENDITURES175,336 175,136 224,711 49,575 Net change in fund balances 175,336$ 175,136$ 224,711 49,575$ FUND BALANCES:

Beginning of year 149,649
End of year 374,360$
194
City of Antioch
Budgetary Comparison Schedule
SB1186 Disability Access Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals 500 $ 500$ 1,743$ 1,243$ Current service charges 40,000 32,600 35,852 3,252 40,500 33,100 37,595 4,495 100 215 280 (65)
40,000 40,000 - 40,000 , , ,
Total revenues
EXPENDITURES:

Current:

Community evelopment
Capital outlay
Total expenditures 400 40,215 280 44,430
REVENUES OVER (UNDER) EXPENDITURES40,100 (7,115) 37,315 (39,935) Net change in fund balances 40,100$ (7,115)$ 37,315 (39,935)$ FUND BALANCES:

Beginning of year 125,220
End of year 162,535$
195
City of Antioch
Budgetary Comparison Schedule
East Lone Tree Benefit District Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals 40,000 $ 40,000$ 136,138$ 96,138$ Current service charges 1,215,000 345,000 345,000 - Total revenues 1,255,000 385,000 481,138 96,138 EXPENDITURES:

Current:

Public works 25,097 34,597 38,574 (3,977) Total expenditures 25,097 34,597 38,574 (3,977) REVENUES OVER (UNDER) EXPENDITURES1,229,903 350,403 442,564 92,161 Net change in fund balances 1,229,903$ 350,403 $ 442,564 92,161$ FUND BALANCES:

Beginning of year 8,412,524
End of year 8,855,088$
196
City of Antioch
Budgetary Comparison Schedule
Kaiser Public Facility Benefit District Special Revenue Fund For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals - $ 100$ (19,084)$ (19,184)$ Current service charges - 1,947,287 1,947,287 - Total revenues - 1,947,387 1,928,203 (19,184) EXPENDITURES:

Current:

Public works - 25 1,179 (1,154) Total expenditures - 25 1,179 (1,154) REVENUES OVER (UNDER) EXPENDITURES - 1,947,362 1,927,024 (20,338) Net change in fund balances -$ 1,947,362$ 1,927,024 (20,338)$ FUND BALANCES:

Beginning of year -
End of year 1,927,024$
197
City of Antioch
Budgetary Comparison Schedule
Opioid Settlements Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals - $ 100$ - $ (100)$ Other - 44,694 44,694 - Total revenues - 44,794 44,694 (100) EXPENDITURES:

Current:

Public safety - 100 - 100 Total expenditures - 100 - 100 REVENUES OVER (UNDER) EXPENDITURES - 44,694 44,694 - Net change in fund balances -$ 44,694$ 44,694 - $ FUND BALANCES:

Beginning of year -
End of year 44,694$
198
City of Antioch
Budgetary Comparison Schedule
CalVIP Grant Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Revenue from other agencies - $ 425,000$ - $ (425,000)$ Total revenues - 425,000 - (425,000) EXPENDITURES:

Current:

Public safety - 425,000 28,325 396,675 Total expenditures - 425,000 28,325 396,675 REVENUES OVER (UNDER) EXPENDITURES - - (28,325) (28,325) Net change in fund balances -$ -$ (28,325) (28,325)$ FUND BALANCES:

Beginning of year -
End of year (28,325)$
199
City of Antioch
Budgetary Comparison Schedule
Storm Damage Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Revenue from other agencies - $ 4,408,926$ - $ (4,408,926)$ Total revenues - 4,408,926 - (4,408,926) EXPENDITURES:

Current:

Public works - 4,408,926 664,000 3,744,926 Total expenditures - 4,408,926 664,000 3,744,926 REVENUES OVER (UNDER) EXPENDITURES - - (664,000) (664,000) Net change in fund balances -$ -$ (664,000) (664,000)$ FUND BALANCES:

Beginning of year -
End of year (664,000)$
200
City of Antioch
Budgetary Comparison Schedule
CFD 2016-01 Police Protection Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals 400 $ 400$ 1,408$ 1,008$ Special assessment revenue 115,640 246,948 246,948 - Total revenues 116,040 247,348 248,356 1,008 EXPENDITURES:

Current:

Public safety 5,102 7,844 248 7,596 Total expenditures 5,102 7,844 248 7,596 REVENUES OVER (UNDER) EXPENDITURES110,938 239,504 248,108 8,604 OTHER FINANCING (USES):

Transfers (out) (110,938) (239,504) (248,108) (8,604) Total other financing (uses) (110,938) (239,504) (248,108) (8,604) Net change in fund balances -$ -$ - -$ FUND BALANCES:

Beginning of year -
End of year -$
201
City of Antioch
Budgetary Comparison Schedule
CFD 2018-01 Public Services Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals 250 $ 1,000$ 2,827$ 1,827$ Special assessment revenue 126,000 581,581 581,581 - Total revenues 126,250 582,581 584,408 1,827 EXPENDITURES:

Current:

Public works 136,539 72,089 23,192 48,897 Total expenditures 136,539 72,089 23,192 48,897 REVENUES OVER (UNDER) EXPENDITURES(10,289) 510,492 561,216 50,724 Net change in fund balances (10,289)$ 510,492$ 561,216 50,724$ FUND BALANCES:

Beginning of year 428,209
End of year 989,425$
202
City of Antioch
Budgetary Comparison Schedule
CFD 2018-02 Police Protection Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals 400 $ 400$ 399$ (1)$ Special assessment revenue 103,926 460,044 460,044 - Total revenues 104,326 460,444 460,443 (1) EXPENDITURES:

Current:

Public safety 6,326 7,241 1,432 5,809 Total expenditures 6,326 7,241 1,432 5,809 REVENUES OVER (UNDER) EXPENDITURES98,000 453,203 459,011 5,808 OTHER FINANCING (USES):

Transfers (out) (98,000) (453,203) (459,011) (5,808) Total other financing (uses) (98,000) (453,203) (459,011) (5,808) Net change in fund balances -$ -$ - -$ FUND BALANCES:

Beginning of year -
End of year -$
203
City of Antioch
Budgetary Comparison Schedule
CFD 2022-01 Public Services Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals - $ 200$ (352)$ (552)$ Special assessment revenue - 47,216 47,216 - Total revenues - 47,416 46,864 (552) EXPENDITURES:

Current:

Public works - 10,050 413 9,637 Total expenditures - 10,050 413 9,637 REVENUES OVER (UNDER) EXPENDITURES - 37,366 46,451 9,085 Net change in fund balances -$ 37,366$ 46,451 9,085$ FUND BALANCES:

Beginning of year -
End of year 46,451$
204
City of Antioch
Budgetary Comparison Schedule
Post Retirement Medical Special Revenue Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals 1,200 $ 1,010$ 12,926$ (11,916)$ Charges for services 2,558,912 2,499,319 2,489,854 9,465 Total revenues 2,560,112 2,500,329 2,502,780 (2,451) EXPENDITURES:

General government 1,547,071 1,483,071 1,206,513 276,558 Public safety 1,024,555 974,555 932,710 41,845 Total expenditures 2,571,626 2,457,626 2,139,223 318,403 REVENUES OVER (UNDER) EXPENDITURES(11,514) 42,703 363,557 315,952 Net change in fund balances (11,514)$ 42,703$ 363,557 315,952$ FUND BALANCES:

Beginning of year 1,024,610
End of year 1,388,167$
205
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206

NON-MAJOR DEBT SERVICE FUNDS
Debt Service Fundsare used to account for the payment of principal and interest on the general debt service of the City and related entities.

ABAG/2015 Lease Revenue
In 1985 and 1994, the City of Antiochparticpated inthe Associationof Bay Area Governments' pooled Certificates of Participation to fund improvements to the clubhouse at the City's golf course and irrigation system, respectively. These bonds were refinanced in fiscal year 2015 with the issuance of the Antioch Public Financing Authority 2015A Lease Revenue Refunding Bonds.
207
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208
City of Antioch
Combining Balance Sheet
Non-Major Debt Service Funds
June 30, 2023
ABAG/
2015 Lease
Revenue Total
ASSETS
Prepaid items 226 $ 226$
Total assets 226$ 226$
Fund balances:

Restricted for:

Debt service 226 $ 226$
Total fund balances 226 226
Total liabilities and fund balances 226$ 226$ 209
City of Antioch
Combining Statement of Revenues, Expenditures and Changes in Fund Balances Non-Major Debt Service Funds
For the Fiscal Year Ended June 30, 2023
ABAG/
2015 Lease
Revenue Total
REVENUES:

Investment income and rentals - $ -$ Total revenues - -
EXPENDITURES:

Current:

General government 57 57
Debt service:

Principal retirements 235,000 235,000
Interest and fiscal charges 113,475 113,475 Total expenditures 348,532 348,532

REVENUES OVER
(UNDER) EXPENDITURES (348,532) (348,532)
OTHER FINANCING SOURCES:

Transfer in 348,688 348,688
Total other financing sources 348,688 348,688 Net change in fund balances 156 156 FUND BALANCES:

Beginning of year 70 70
End of year 226 $ 226$
210
City of Antioch
Budgetary Comparison Schedule
ABAG 2015/Lease Revenue Debt Service Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Budget Amount (Negative)
REVENUES:

Investment income and rentals - $ -$ -$ -$ Total revenues - - - - EXPENDITURES:

Current:

General government 57 57 57 - Debt service:

Principal retirements 235,000 235,000 235,000 - Interest and fiscal charges 113,675 113,675 113,475 200 Total expenditures 348,732 348,732 348,532 200 REVENUES OVER (UNDER) EXPENDITURES(348,732) (348,732) (348,532) 200 OTHER FINANCING SOURCES:

Transfers In 348,732 348,732 348,688 (44) Total other financing sources 348,732 348,732 348,688 (44) Net change in fund balances -$ -$ 156 156$ FUND BALANCES:

Beginning of year 70
End of year 226$
211
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212

NON-MAJOR CAPITAL PROJECTS FUNDS
Capital Projects Fundsare utilized to account for resources used for the acquisition and construction of capital facilities by the City, with the exception of those assets financed by proprietary funds.

Capital Improvement Fund
This fund records all revenues, expenditures, assets and liabilities associated withCitycapital projects. It accounts for resources used to construct or acquire capital assets and make capital improvements.

Prewett Community Park
This fund accounted for the construction of the Prewett Community Center. Funds remaining are to close out use of reserves.

Special Assessment Districts
These funds were established to account for constructionand acquisitionof land and public improvements invarious assessment districts. Financing is provided by assessment bond proceeds.

Hillcrest Bridge District
This fund accounts for developer fees collected to fund bridge construction in the Hillcrest Area.

Residential Development Allocation
This fund accounts for contributions by developers for various projects as determined by the City Council.

Development Impact Fee
This fund accounts for Development Impact Fees established pursuant to Ordinance 2079-C-S inorder to defraythe costs of certain public facilities required to serve new development within the City. 213
City of Antioch
Combining Balance Sheet
Non-Major Capital Project Funds
June 30, 2023
Prewett
Capital Community Hillcrest Lone
Improvement Park District #26 Diamond
ASSETS
Cash and investments 5,514,548 $ 6,413 $ 389,610$ 276,163$ Accounts receivable, net 18,397 - - - Total assets 5,532,945$ 6,413 $ 389,610$ 276,163$

LIABILITIES
Liabilities:

Accounts payable 12,871 $ 5,566$ - $ -$ Accrued payroll 2,430 - - - Deposits 168,948 - - - Total liabilities 184,249 5,566 - -

FUND BALANCES
Fund Balances:

Restricted - - - - Assigned for:

Capital Projects 5,348,696 847 - - Community Benefit Programs - - - - AD 26 - - 389,610 - AD 27 - - - 276,163 Total fund balances 5,348,696 847 389,610 276,163 Total liabilities, deferred inflows
of resources and fund balances 5,532,945$ 6,413 $ 389,610$ 276,163$ Special Assessment Districts
214
Hillcrest Residential Development
Bridge Development Impact
District Allocation Fee Total
94,573$ 41,452$ 8,999,556$ 15,322,315$ - - - 18,397 94,573$ 41,452$ 8,999,556$ 15,340,712$ -$ -$ 49,345$ 67,782$ - - - 2,430 - - - 168,948 - - 49,345 239,160 - - 8,950,211 8,950,211 94,573 - - 5,444,116 - 41,452 - 41,452 - - - 389,610 - - - 276,163 94,573 41,452 8,950,211 15,101,552 94,573$ 41,452$ 8,999,556$ 15,340,712$ 215
City of Antioch
Combining Statement of Revenues, Expenditures and Changes in Fund Balances Non-Major Capital Project Funds
For the Fiscal Year Ended June 30, 2023
Prewett
Capital Community Hillcrest Lone
Improvement Park District #26 Diamond
REVENUES:

Taxes 300,000$ -$ -$ -$ Investment income and rentals 15,967 1,346 6,145 2,668 Revenue from other agencies 426,998 31,659 - - Current service charges 5,535 - 4,210 88,311 Other 7,237 - - - Total revenues 755,737 33,005 10,355 90,979 EXPENDITURES:

Current:

General government - - - - Public works 190,413 - 768 5,960 Public safety - - - - Parks and recreation - 16,403 - - Community development - - - - Capital outlay 420,912 15,305 - - Total expenditures 611,325 31,708 768 5,960 REVENUES OVER (UNDER) EXPENDITURES 144,412 1,297 9,587 85,019 OTHER FINANCING SOURCES (USES):

Transfers in 2,346,298 - - - Transfers (out) - (929) - (1,043) Total other financing sources (uses) 2,346,298 (929) - (1,043) Net change in fund balances 2,490,710 368 9,587 83,976 FUND BALANCES:

Beginning of year 2,857,986 479 380,023 192,187 End of year 5,348,696 $ 847 $ 389,610$ 276,163$ Special Assessment Districts
216
Hillcrest Residential Development
Bridge Development Impact
District Allocation Fee Total
-$ -$ -$ 300,000$ 2,456 667 92,964 122,213 - - - 458,657 6,759 - 2,427,309 2,532,124 - - - 7,237 9,215 667 2,520,273 3,420,231 - - 1,680 1,680 58,948 - 1,166 257,255 - - 3,404 3,404 - - 9,782 26,185 - 121 - 121 - - 133,603 569,820 58,948 121 149,635 858,465 (49,733) 546 2,370,638 2,561,766 - - - 2,346,298 - - - (1,972) - - - 2,344,326 (49,733) 546 2,370,638 4,906,092 144,306 40,906 6,579,573 10,195,460 94,573$ 41,452$ 8,950,211$ 15,101,552$ 217
City of Antioch
Budgetary Comparison Schedule
Capital Improvement Capital Projects Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Taxes 300,000 $ 300,000$ 300,000$ - $ Investment income and rentals 15,000 15,000 15,967 967 Revenue from other agencies 300,000 300,000 426,998 126,998 Current service charges 20,000 5,181 5,535 354 Other 31,000 32,208 7,237 (24,971) Total revenues 666,000 652,389 755,737 103,348 EXPENDITURES:

Public works 38,215 208,302 190,413 17,889 Capital outlay 715,000 2,922,009 420,912 2,501,097 Total expenditures 753,215 3,130,311 611,325 2,518,986 REVENUES OVER (UNDER) EXPENDITURES(87,215) (2,477,922) 144,412 (2,415,638) OTHER FINANCING SOURCES:

Transfers in 715,000 2,892,811 2,346,298 (546,513) Total other financing sources 715,000 2,892,811 2,346,298 (546,513) Net change in fund balances 627,785$ 414,889$ 2,490,710 1,869,125$ FUND BALANCES:

Beginning of year 2,857,986
End of year 5,348,696 $
218
City of Antioch
Budgetary Comparison Schedule
Prewett Community Park Capital Projects Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals - $ 500$ 1,346$ 846$ Revenue from other agencies - 31,659 31,659 - Total revenues - 32,159 33,005 846 EXPENDITURES:

Parks and recreation - 16,404 16,403 1 Capital outlay - 15,305 15,305 - Total expenditures - 31,709 31,708 1 REVENUES OVER (UNDER) EXPENDITURES - 450 1,297 847 OTHER FINANCING (USES):

Transfers (out) - (929) (929) - Total other financing uses - (929) (929) - Net change in fund balances -$ (479)$ 368 847$ FUND BALANCES:

Beginning of year 479
End of year 847 $
219
City of Antioch
Budgetary Comparison Schedule
Hillcrest District #26 Capital Projects Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals 11,000 $ 5,000$ 6,145$ 1,145$ Current service charges - 2,152 4,210 2,058 Total revenues 11,000 7,152 10,355 3,203 EXPENDITURES:

Public works 719 819 768 51 Total expenditures 719 819 768 51 REVENUES OVER (UNDER) EXPENDITURES10,281 6,333 9,587 3,254 Net change in fund balances 10,281$ 6,333$ 9,587 3,254$ FUND BALANCES:

Beginning of year 380,023
End of year 389,610 $
220
City of Antioch
Budgetary Comparison Schedule
Lone Diamond Capital Projects Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals 400 $ 400$ 2,668$ 2,268$ Current service charges - 79,440 88,311 8,871 Total revenues 400 79,840 90,979 11,139 EXPENDITURES:

Public works 5,099 5,961 5,960 1 Total expenditures 5,099 5,961 5,960 1 REVENUES OVER (UNDER) EXPENDITURES(4,699) 73,879 85,019 11,140 OTHER FINANCING (USES):

Transfers (out) - (1,043) (1,043) - Total other financing uses - (1,043) (1,043) - Net change in fund balances (4,699)$ 72,836$ 83,976 11,140$ FUND BALANCES:

Beginning of year 192,187
End of year 276,163 $
221
City of Antioch
Budgetary Comparison Schedule
Hillcrest Bridge District Capital Projects Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals 2,000 $ 2,000$ 2,456$ 456$ Current service charges - 4,572 6,759 2,187 Total revenues 2,000 6,572 9,215 2,643 EXPENDITURES:

Public works 314 59,094 58,948 146 Total expenditures 314 59,094 58,948 146 REVENUES OVER (UNDER) EXPENDITURES1,686 (52,522) (49,733) 2,789 Net change in fund balances 1,686$ (52,522)$ (49,733) 2,789 $ FUND BALANCES:

Beginning of year 144,306
End of year 94,573 $
222
City of Antioch
Budgetary Comparison Schedule
Residential Development Allocation Capital Projects Fund For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals 100 $ 100$ 667$ 567$ Total revenues 100 100 667 567 EXPENDITURES:

Community development 50 70 121 (51) Total expenditures 50 70 121 (51) REVENUES OVER (UNDER) EXPENDITURES50 30 546 516 Net change in fund balances 50$ 30$ 546 516$ FUND BALANCES:

Beginning of year 40,906
End of year 41,452 $
223
City of Antioch
Budgetary Comparison Schedule
Development Impact Fee Capital Projects Fund
For the Fiscal Year Ended June 30, 2023
Variance with
Final Budget
Original Final Actual Positive
Budget Bud get Amount (Ne gative)
REVENUES:

Investment income and rentals 65,000 $ 65,000$ 92,964$ 27,964$ Current service charges 1,370,000 2,269,654 2,427,309 157,655 Total revenues 1,435,000 2,334,654 2,520,273 185,619 EXPENDITURES:

General government 5,571 31,996 1,680 30,316 Public works - 1,000 1,166 (166) Public safety - 2,364 3,404 (1,040) Parks and recreation - 7,200 9,782 (2,582) Capital outlay 6,275 742,694 133,603 609,091 Total expenditures 11,846 785,254 149,635 635,619 REVENUES OVER (UNDER) EXPENDITURES1,423,154 1,549,400 2,370,638 821,238 OTHER FINANCING SOURCES:

Transfers in 250,000 22,000 - (22,000) Total other financing sources 250,000 22,000 - (22,000) Net change in fund balances 1,673,154$ 1,571,400$ 2,370,638 (843,238)$ FUND BALANCES:

Beginning of year 6,579,573
End of year 8,950,211 $
224

INTERNAL SERVICE FUNDS
Internal Service Fundsare used to finance and account for special activities and services performed bya designated City department for other departments on a cost reimbursement basis.

Vehicle Repair and Replacement
This fund accounts for the maintenance and replacement of vehicles and equipment used byall Citydepartments. The source of revenue for this fund is rental fees charged to the various departments.

Office Equipment Replacement
This fund accounts for the costs incurred for the operation, maintenance, and replacement of office equipment used by City departments. The source of revenue for this fund is rental fees charged to the various user departments.

Loss Control Fund
These funds are used to pay workers' compensation insurance premiums and the salary of the administrative analyst. 225
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226
City of Antioch
Combining Statement of Net Position
Internal Services Funds
June 30, 2023
Vehicle Office
Repair & Equipment Loss
Replacement Replacement Control Total
ASSETS
Current assets:

Cash and investments 10,743,874 $ 1,406,548 $ 1,126,920$ 13,277,342$ Accounts receivable, net 2,744 4,095 - 6,839 Materials, parts and supplies 22,063 - - 22,063 Prepaid items - 88,632 - 88,632
Total current assets 10,768,681 1,499,275 1,126,920 13,394,876 Noncurrent assets:

Capital assets:

Vehicles and equipment 10,286,499 2,940,320 - 13,226,819 Improvements other than buildings 187,940 79,534 - 267,474 Intangible right to use assets - 664,753 - 664,753
Less accumulated depreciation/amortization (7,016,779) (2,793,960) - (9,810,739) Net capital assets 3,457,660 890,647 - 4,348,307 Total assets 14,226,341 2,389,922 1,126,920 17,743,183

LIABILITIES
Current liabilities:

Accounts payable 244,362 41,131 844 286,337 Accrued payroll 17,911 44,061 5,896 67,868 Interest payable - 4,981 - 4,981
Current portion of compensated absences 2,052 13,302 485 15,839 Subscription liability - due within one year - 216,122 - 216,122 Total current liabilities 264,325 319,597 7,225 591,147 Long-term liabilities:

Compensated absences 18,466 119,722 4,369 142,557 Subscription liability - 433,676 - 433,676
Total long-term liabilities 18,466 553,398 4,369 576,233 Total liabilities 282,791 872,995 11,594 1,167,380

NET POSITION
Net investment in capital assets 3,260,215 240,849 - 3,501,064 Unrestricted 10,683,335 1,276,078 1,115,326 13,074,739 Total net position 13,943,550$ 1,516,927 $ 1,115,326$ 16,575,803$ 227
City of Antioch
Combining Statement of Revenues, Expenses and Changes in Net Position Internal Services Funds
For the Fiscal Year Ended June 30, 2023
Vehicle Office
Repair & Equipment Loss
Replacement Replacement Control Total
OPERATING REVENUES:

Charges for services 4,804,277 $ 1,854,507$ 3,339,375$ 9,998,159$ Other revenue 35,587 7,209 - 42,796 Total operating revenues 4,839,864 1,861,716 3,339,375 10,040,955 OPERATING EXPENSES:

Wages and benefits 670,450 1,558,644 213,589 2,442,683 Contractual services 205,469 974,350 2,439,812 3,619,631 Tools and supplies 722,684 132,983 2,644 858,311 Depreciation & amortization 516,272 222,402 - 738,674 Repairs and maintenance 365,132 6,213 - 371,345 Total operating expenses 2,480,007 2,894,592 2,656,045 8,030,644 OPERATING INCOME (LOSS) 2,359,857 (1,032,876) 683,330 2,010,311 NONOPERATING REVENUES (EXPENSES):

Gain (loss) on sale of property 76,688 - - 76,688 Investment income 141,445 17,908 (4,806) 154,547 Subscription interest (expense) - (13,465) - (13,465)
Total nonoperating revenues 218,133 4,443 (4,806) 217,770

INCOME (LOSS) BEFORE CAPITAL
CONTRIBUTIONS AND TRANSFERS 2,577,990 (1,028,433) 678,524 2,228,081 Transfers in - 538,380 - 538,380
Net income (loss) 2,577,990 (490,053) 678,524 2,766,461 NET POSITION:

Beginning of year 11,365,560 2,006,980 436,802 13,809,342 End of year 13,943,550 $ 1,516,927 $ 1,115,326$ 16,575,803$ 228
City of Antioch
Combining Statement of Cash Flows
Internal Services Funds
For the Fiscal Year Ended June 30, 2023
Vehicle Office
Repair & Equipment Loss
Replacement Replacement Control Total
CASH FLOWS FROM OPERATING ACTIVITIES:

Cash receipt from other funds 4,853,605 $ 1,868,466$ 3,339,420$ 10,061,491$ Cash payment to suppliers for goods and services (1,063,689) (965,755) (2,441,612) (4,471,056) Cash payment to employees for services (660,919) (1,552,873) (209,132) (2,422,924) Net cash provided by (used in) operating activities3,128,997 (650,162) 688,676 3,167,511 CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES:

Transfers in - 538,380 - 538,380
Net cash provided by (used in) noncapital
financing activities - 538,380 - 538,380

CASH FLOWS FROM CAPITAL AND RELATED
FINANCING ACTIVITIES:

Capital asset additions (1,762,678) - - (1,762,678) Proceeds from sale of capital assets 76,688 - - 76,688 Subscription principal paid - (14,955) - (14,955)
Subscription interest paid - (8,484) - (8,484)
Net cash provided by (used in) capital
and related financing activities (1,685,990) (23,439) - (1,709,429) CASH FLOWS FROM INVESTING ACTIVITIES:

Interest received (paid) 141,445 17,908 (4,806) 154,547 Net cash provided by (used in) investing activities141,445 17,908 (4,806) 154,547 Net change in cash and cash equivalents 1,584,452 (117,313) 683,870 2,151,009 Cash and cash equivalents, beginning of year 9,159,422 1,523,861 443,050 11,126,333 Cash and cash equivalents, end of year 10,743,874$ 1,406,548 $ 1,126,920$ 13,277,342$

RECONCILIATION OF OPERATING INCOME
(LOSS) TO NET CASH PROVIDED BY
(USED IN) OPERATING ACTIVITIES:

Operating income (loss) 2,359,857$ (1,032,876)$ 683,330 $ 2,010,311$ Adjustments to reconcile operating income (loss) to
cash flows from operating activities:

Depreciation 516,272 222,402 - 738,674
Decrease (increase) in:

Accounts receivable 13,741 6,750 45 20,536 Materials, parts, and supplies 21,013 - - 21,013 Prepaid items - 162,838 - 162,838
Increase (decrease) in:

Accounts payable 208,583 (15,047) 844 194,380
Accrued payroll 8,391 13,117 1,616 23,124 Accrued compensated absences 1,140 (7,346) 2,841 (3,365) Net cash provided by (used in) operating activities3,128,997$ (650,162)$ 688,676$ 3,167,511$ 229
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CUSTODIAL FUNDS
Custodial Funds account for fiduciary activities that are not accounted for in a trust.

Storm Drain Districts D55 and D56
The City collects storm drain fees from developers and builders. This fund accounts for all the fees collected and sent to the County on quarterly basis. The City receives an administrative fee equal to 0.5% of the total fees collected.

Fire Protection
The City has entered into an agreement with the Contra Costa Consolidated Fire District whereby the City collects fire protection facility fees from developers based on the number of units built. Fees are to provide fire protection facilities only. The City receives an administrative fee equal to 1% of the total fees collected.

East County Water Management Association
The Governing Board of the East County Water Management Association has authorized the City to account for the financial operations of the association. The fund is used to record collections and disbursements of funds as authorized by the Association, of which the City is a member agency. 231
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232
City of Antioch
Combining Statement of Fiduciary Net Position
Custodial Funds
For the Fiscal Year Ended June 30, 2023
Storm Drain Fire
D55 & D56 Protection ECWMA Total
ASSETS
Cash and investments - $ 1,637,476$ 39,102 $ 1,676,578$ Accounts receivable 515 - 2,795 3,310 Total assets 515 1,637,476 41,897 1,679,888

LIABILITIES
Due to organizations and other governments 515 - - 515 Total liabilities 515 - - 515 NET POSITION:

Restricted for:

Organizations and other governments - 1,637,476 41,897 1,679,373 Total net position -$ 1,637,476$ 41,897 $ 1,679,373$ 233
City of Antioch
Combining Statement of Changes in Fiduciary Net Position Custodial Funds
For the Fiscal Year Ended June 30, 2023
Storm Drain Fire
D55 & D56 Protection ECWMA Total

ADDITIONS
Contributions:

Members - $ - $ 3,750 $ 3,750 $
Investment earnings:

Investment income and rentals - 16,753 555 17,308
Drainage fee collections for other governments 1,806,438 - - 1,806,438 Fire protection fee collections for other governmen - 317,712 - 317,712 Total additions 1,806,438 334,465 4,305 2,145,208

DEDUCTIONS
Administrative expenses 9,031 $ 3,190$ 917$ 13,138 $ Payments of drainage fees to other governments 1,797,407 - - 1,797,407 Total deductions 1,806,438 3,190 917 1,810,545 Change in net position - 331,275 3,388 334,663
NET POSITION:

Beginning of year - 1,306,201 38,509 1,344,710
End of year - $ 1,637,476 $ 41,897 $ 1,679,373$ 234
S
235
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236
Contents Page
Financial Trends 239
These schedules contain trend information to help the reader understand how the City's financial performance and well-being have changed over time.

Revenue Capacity 244
These schedules contain information to help the reader assess the City's most significant local revenues. Property tax is the City's most signifcant revenue.

Debt Capacity 249
These schedules present information to help the reader assess the affordability of the City's current levels of outstanding debt and its ability to issue additional debt in the future.

Demographic and Economic Information 254
These schedules offer demographic and economic indicators to help the reader understand the environment within which the City's financial activities take place.

Operating Information 256
These schedules contain service and infrastructure data to help the reader understand how the information in the financial report relates to the services the City provides and the activities it performs.

Sources: Unless otherwise noted, the information in these schedules is derived from the annual comprehensive financial report for the relevant year.

STATISTICAL SECTION
237
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238

CITY OF ANTIOCH
Net Position by Component
Last Ten Fiscal Years
(accrual basis of accounting)
(amounts expressed in thousands)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Governmental activities
Net investment in capital assets $329,692 $326,664 $323,132 $312,206 $307,094 $309,589 $305,541 $302,696 $296,362 $293,412 Restricted 41,108 38,858 37,657 39,323 44,729 44,582 42,109 45,380 55,955 66,774 Unrestricted 15,064 (49,846) (1) (40,948) (34,184) (75,016) (2) (67,159) (65,202) (47,056) (29,607) (6,876) Total governmental activities net position $385,864 $315,676 $319,841 $317,345 $276,807 $287,012 $282,448 $301,020 $322,710 $353,310 Business-type activities
Net investment in capital assets $148,514 $148,726 $148,729 $149,447 $148,450 $140,301 $148,076 $155,423 $175,881 $190,328 Restricted 0 0 0 0 0 0 0 0 0 0
Unrestricted 41,634 26,144 31,387 36,587 40,303 51,360 63,906 77,159 95,319 91,570 Total business-type activities net position $190,148 $174,870 $180,116 $186,034 $188,753 $191,661 $211,982 $232,582 $271,200 $281,898 Primary government
Net investment in capital assets $478,206 $475,390 $471,861 $461,653 $455,544 $449,890 $453,617 $458,119 $472,243 $483,740 Restricted 41,108 38,858 37,657 39,323 44,729 44,582 42,109 45,380 55,955 66,774 Unrestricted 56,698 (23,702) (1) (9,561) 2,403 (34,713) (2) (15,799) (1,296) 30,103 65,712 84,694 Total primary government net position $576,012 $490,546 $499,957 $503,379 $465,560 $478,673 $494,430 $533,602 $593,910 $635,208 (1) Significant decrease in net position from fiscal year 2014 due to implementation of GASB Statement No. 68 requiring recognition of net pension liability. (2) Significant decrease in net position from fiscal year 2017 due to implementation of GASB Statement No. 75 requiring recognition of net OPEB liability.

Source: City of Antioch Annual Financial Report
239
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Expenses
Governmental activities:

General government 8,802$ 6,912$ 8,932$ 3,414$ 5,162$ 8,671$ 11,172$ 11,422 $ 12,118$ 14,634$ Public works 15,359 19,043 17,564 18,855 17,670 17,245 23,385 21,631 20,290 23,806 Public safety 26,453 30,900 31,563 40,084 42,697 42,990 46,109 45,617 44,974 44,682 Parks and recreation 3,827 4,185 4,264 5,295 5,298 8,039 7,988 6,473 9,027 6,382 Community development 2,571 3,657 2,942 4,273 6,422 4,776 5,443 5,282 5,974 5,235 Interest on long-term liabilities 397 427 262 198 198 167 133 107 96 116 Total governmental activities 57,409 65,124 65,527 72,119 77,447 81,888 94,230 90,532 92,479 94,855 Business-type activities
Water 25,751 23,308 22,334 24,458 28,642 30,389 33,480 36,827 36,272 37,844 Sewer 4,668 5,439 5,528 5,863 6,898 6,813 7,555 7,113 7,331 9,236 Marina 1,076 1,016 1,108 1,026 1,159 1,163 1,317 1,194 1,056 1,524 Prewett Water Park (2) 1,920 1,983 2,024 2,167 2,177 - - - - - Total business-type activities 33,415 31,746 30,994 33,514 38,876 38,365 42,352 45,134 44,659 48,604 Total primary government expenses 90,824$ 96,870$ 96,521$ 105,633$ 116,323$ 120,253$ 136,582$ 135,666 $ 137,138$ 143,459$ Program Revenues
Governmental activities:

Charges for services:

General government 1,824$ 3,752$ 2,098$ 312 $ 560$ 357$ 811$ 1,773$ 2,304$ 2,677$ Public works 3,152 1,666 1,573 4,339 4,320 4,523 5,823 7,746 9,654 6,108 Public safety 1,401 1,407 1,482 1,312 783 803 827 813 1,239 2,578 Community development 1,479 2,809 2,812 2,065 2,903 3,620 2,667 4,418 6,577 5,372 Other activities 789 872 816 721 1,104 1,866 920 232 2,480 2,967 Operating grants and contributions 5,879 8,880 5,515 4,801 8,194 7,912 9,125 14,346 13,703 17,384 Capital grants and contributions 8,118 1,836 2,324 2,233 1,473 718 2,032 2,768 - 3,526 Total governmental activities
program revenues 22,642 21,222 16,620 15,783 19,337 19,799 22,205 32,096 35,957 40,612 Business-type activities:

Fines, forfeitures and charges
for services
Water 25,907 24,430 26,192 29,815 35,683 39,178 43,345 44,680 41,715 40,477 Sewer 4,714 5,013 5,395 5,755 6,032 6,334 6,585 6,599 7,109 7,226 Marina 591 516 471 516 600 620 642 600 597 602 Prewett Water Park (2) 866 789 730 846 891 - - - - - Operating grants and contributions:

Water - - - - - - - - - 7 Sewer - - - - - - - 49 200 - Marina - - - - - - - 1 - - Capital grants and contributions:

Water 1,008 1,235 831 391 412 1,379 2,681 10,183 32,164 6,589 Sewer 1,193 1,063 1,387 293 160 595 1,926 3,858 1,340 2,539 Marina 304 - 185 - 1,232 - 365 - - - Total business-type activities
program revenues 34,583 33,046 35,191 37,616 45,010 48,106 55,544 65,970 83,125 57,440 Total primary government program revenues 57,225$ 54,268$ 51,811$ 53,399$ 64,347$ 67,905$ 77,749$ 98,066 $ 119,082$ 98,052 $ Net (expense)/revenue
Governmental activities (34,767)$ (43,902)$ (48,907)$ (56,336)$ (58,110)$ (62,089)$ (72,025)$ (58,436) $ (56,522)$ (54,243)$ Business-type activities 1,168 1,300 4,197 4,102 6,134 9,741 13,192 20,836 38,466 8,836 Total primary government net expense (33,599)$ (42,602)$ (44,710)$ (52,234)$ (51,976)$ (52,348)$ (58,833)$ (37,600) $ (18,056)$ (45,407)$

CITY OF ANTIOCH
Changes in Net Position
Last Ten Fiscal Years
(accrual basis of accounting)
(amounts expressed in thousands)
240
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
General Revenues and Other Changes
In Net Position
Governmental activities:

Taxes:

Property taxes 12,625$ 15,129$ 16,796$ 18,631$ 19,452$ 20,609$ 21,754$ 22,958 $ 24,158$ 26,388$ Transient lodging tax 136 150 158 178 209 234 231 293 302 318 Franchise 4,188 4,406 4,616 4,767 5,226 5,495 5,928 6,350 7,229 8,042 Business license fees based
on gross receipts 1,172 1,964 3,121 3,916 4,428 3,972 4,035 3,909 3,802 4,541 Property transfer taxes 363 382 461 443 521 609 493 703 912 626 Sales and use tax 12,532 17,597 19,925 20,000 20,155 25,387 31,785 (1) 38,228 39,438 39,487 Motor vehicle in lieu, unrestricted 45 43 45 51 60 54 90 83 130 118 Park in lieu 338 120 50 142 256 372 288 521 410 237 Investment income not restricted 305 278 582 1,421 854 1,737 2,802 1,132 13 3,437 Other 3,956 3,455 6,168 4,578 3,449 4,785 4,611 2,816 1,809 1,604 Special item - Contribution from
Successor Agy - - 1,467 1,000 - - - - - - Transfers 191 798 (317) (1,288) (55) 9,041 (4,557) 14 8 44 Total government activities 35,851 44,322 53,072 53,839 54,555 72,295 67,460 77,007 78,211 84,842 Business-type activities:

Investment income not restricted 392 334 630 183 244 1,872 2,464 132 - 1,470 Other 1,190 117 102 346 31 335 109 415 161 154 Transfers (191) (798) 317 1,288 55 (9,041) 4,557 (13) (8) (44) Total business type activities 1,391 (347) 1,049 1,817 330 (6,834) 7,130 534 153 1,580 Total primary government 37,242$ 43,975$ 54,121$ 55,656$ 54,885$ 65,461$ 74,590$ 77,541 $ 78,364$ 86,422$ Change in Net Position
Governmental activities 1,084$ 420 $ 4,165$ (2,497)$ (3,555)$ 10,206$ (4,565)$ 18,571$ 21,689$ 30,599$ Business-type activities 2,559 953 5,246 5,919 6,464 2,907 20,322 21,370 38,619 10,416 Total primary government 3,643$ 1,373$ 9,411$ 3,422$ 2,909$ 13,113$ 15,757$ 39,941 $ 60,308$ 41,015$ (1) Increase in sales tax due Measure W sales tax effective April 1, 2019. Fiscal Year 2020 first full year implementation of this additional one-cent sales tax over the prior Measure C half-cent sales tax which expired March 31, 2019. (2) Prewett Water Park Enterprise Fund was consolidated into the Recreation Special Revenue Fund Source: City of Antioch Financial Report
Changes in Net Position
Last Ten Fiscal Years
(accrual basis of accounting)
(amounts expressed in thousands) - Continued

CITY OF ANTIOCH
241
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
General Fund
Nonspendable 206 $ 38 $ 224$ 220 $ 116 $ 149 $ 227$ 108$ 230$ 163 $ Committed 1,497 4,524 4,946 3,546 20,854 20,057 25,014 1,547 1,438 1,537 Assigned 126 1,086 144 1,270 2,189 2,080 3,537 32,219 42,222 45,486 Unassigned 9,006 11,531 17,590 25,979 11,428 21,117 19,053 23,836 26,140 29,039 Total general fund $10,835 $17,179 $22,904 $31,015 $34,587 $43,403 $47,831 $57,710 $70,030 $76,225 All other governmental funds
Nonspendable 142$ 134 $ 132 $ 149 $ 106 $ 116 $ 128$ 120$ 147$ 168 $ Restricted 20,807 38,440 37,332 37,602 41,822 44,187 41,579 45,284 51,367 (1) 61,217 Committed 2,869 3,275 3,715 3,630 3,713 4,519 5,794 6,975 6,711 7,843 Assigned 2,296 2,432 2,925 3,259 1,062 3,981 744 3,711 3,741 6,212 Unassigned (4) (102) (184) - (116) (1) (260) (47) - (738) Total all other governmental funds $26,110 $44,179 $43,920 $44,640 $46,587 $52,802 $47,985 $56,043 $61,966 $74,702 (1) Restatement of fund balance for accounting error correction.

Source: City of Antioch Annual Financial Report

CITY OF ANTIOCH
Fund Balances of Governmental Funds
Last Ten Fiscal Years
(modified accrual basis of accounting)
(amounts expressed in thousands)
242
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Revenues
Taxes 34,300$ 42,635$ 47,415$ 49,569$ 53,481$ 60,669$ 70,307$ (1) 78,471$ 82,441 $ 84,984 $ Licenses and permits 1,303 1,178 1,149 1,243 1,356 1,889 1,948 3,424 4,826 4,021 Fines and penalties 146 134 191 272 290 224 254 189 197 133 Investment income and rentals 1,520 1,485 1,762 1,404 1,121 2,616 2,601 1,323 193 3,365 Revenue from other agencies 10,244 5,598 4,690 3,345 5,603 6,892 2,939 6,643 3,120 4,981 Current service charges 10,335 11,011 11,518 5,748 6,356 7,893 8,155 11,160 16,911 (3) 14,888 Special assessment revenue 2,904 2,985 2,994 2,978 3,100 2,948 3,127 3,342 3,774 4,421 Other 1,754 2,368 3,472 3,301 1,994 2,305 2,425 2,088 6,268 (4) 3,596 Total Revenues 62,506 67,394 73,191 67,860 73,301 85,436 91,756 106,640 117,730 120,389 Expenditures
Current:

General government 6,357 6,109 8,623 2,079 4,315 7,939 10,998 11,618 12,649 14,324 Public works 8,450 11,128 10,593 10,186 8,740 8,573 15,108 12,046 12,677 15,895 Public safety 28,786 31,826 34,989 36,947 38,727 38,006 43,612 47,168 49,399 53,694 Parks and recreation 3,331 3,491 3,711 4,001 3,905 6,141 6,080 5,587 7,056 5,646 Community development 3,005 4,527 3,778 4,314 6,234 4,537 5,475 5,882 6,549 5,373 Capital outlay 14,562 4,945 3,627 1,894 4,609 6,834 9,740 5,561 5,959 8,854 Debt service:

Principal retirement 536 5,310 560 622 655 694 734 256 220 1,045 Interest 390 359 311 248 222 192 161 135 123 119 Fiscal charges 6 3 4 5 4 4 1 1 1 2 Bond issuance costs - 59 - - - - - - - - Total Expenditures 65,423 67,757 66,196 60,296 67,411 72,920 91,909 88,254 (2) 94,633 104,952 Excess (deficiency) of revenues over (2,917) (363) 6,995 7,564 5,890 12,516 (153) 18,386 23,097 15,437 (under) expenditures
Other financing sources (uses)
Transfers in 7,408 5,990 6,312 8,088 7,591 11,816 11,204 11,330 11,089 14,134 Transfer out (7,433) (5,871) (6,841) (7,821) (7,963) (9,302) (11,439) (11,779) (11,577) (14,628) Proceeds of
bonds/leases/subscriptions - 3,840 - - - - - - - 4,227 Bond premium - 583 - - - - - - - - Extraordinary item - - (1,000) 1,000 - - - - - - Total other financing sources (uses)(25) 4,542 (1,529) 1,267 (372) 2,514 (235) (449) (488) 3,733 Net change in fund balances (2,942)$ 4,179 $ 5,466$ 8,831$ 5,518$ 15,030$ (388) $ 17,937$ 22,609 $ 19,170 $ Debt service as a percentage of
non-capital expenditures 1.82% 9.03% 1.39% 1.49% 1.40% 1.34% 1.09% 0.47% 0.39% 1.21% (1) Increase in sales tax due Measure W sales tax effective April 1, 2019. Fiscal Year 2020 first full year implementation of this additional one-cent sales tax over the prior Measure C half-cent sales tax which expired March 31, 2019. (2) Increase in govermental expenditures due to spending of Measure W one-cent sales tax which was effective April 1, 2019. (3) Increase in charges for services due to significant housing activity during the year (4) Increase in other revenues due to two years of a reimbursement recognized in FY22 for deferred inflows from FY21 Source: City of Antioch Annual Financial Report

CITY OF ANTIOCH
Changes in Fund Balances of Governmental Funds
Last Ten Fiscal Years
(modified accrual basis of accounting)
(amounts expressed in thousands)
243
Transient Business Property
Fiscal Property Sales Sales Tax Gas RMRA Lodging Franchise License Transfer Year Tax Tax (1) Measure C/W (2) Tax Tax (3) Tax Taxes Tax Tax Total 2014 12,625$ 11,587$ 899 $ 3,286$ - $ 136$ 4,188$ 1,171$ 363 $ 34,255$ 2015 15,129 12,014 5,584 2,966 - 150 4,406 1,964 382 42,595 2016 16,796 12,573 6,821 2,246 - 158 4,616 3,121 461 46,792 2017 18,631 12,263 6,535 2,188 - 178 4,767 3,915 443 48,920 2018 19,452 12,658 6,869 2,404 527 209 5,226 4,428 521 52,294 2019 20,609 15,718 9,669 2,322 2,040 233 5,495 3,972 609 60,667 2020 21,754 16,027 15,703 2,647 1,989 231 5,928 4,035 493 68,807 2021 22,958 18,625 19,604 2,525 2,068 293 6,350 3,909 703 77,035 2022 24,158 18,910 20,529 2,649 2,270 286 7,229 3,802 912 80,745 2023 26,388 19,193 20,301 2,911 2,547 316 8,042 4,541 626 84,865 (1) Sales tax is levied at 8.25% (8.5% prior to 1/1/17) on retail sales and/or consumption of personal property, 1% of the total tax rate is allocated to the City.
(2) Measure C is a half-cent sales tax on retail sales and/or consumption of personal property which became effective April 1, 2014.

Measure W is one-cent sales tax on retail sales and/or consumption and is in replacement of Measure C which became effective April 1, 2019.
(3) RMRA enacted by SB 1 passed by California legislature. 2018 is first year of collections.

Source: City of Antioch Annual Financial Report
(amounts expressed in thousands)

CITY OF ANTIOCH
Governmental Activities Tax Revenues By Source
Last Ten Fiscal Years
(modified accrual basis of accounting)
244
Less Less
Total Less Other Tax Total Taxable Redevelopment Value of Amount Fiscal Secured Unsecured Homeowners' Exempt Assessed Assessed Taxable Allocated Year Tax Roll Tax Roll Exemptions Property Value Valuation Property to City (a) 2014 7,616,910$ 189,173$ (106,871)$ (711,013)$ 6,988,199$ (613,598)$ 6,374,601$ (a) 2015 8,904,098 176,385 (103,063) (721,103) 8,256,317 (592,222) 7,664,095 (a) 2016 9,552,650 200,649 (100,989) (728,610) 8,923,700 (600,330) 8,323,370 10.05% 2017 10,137,210 204,440 (98,427) (754,156) 9,489,067 (655,249) 8,833,818 (a) 2018 10,752,279 191,460 (95,663) (779,398) 10,068,678 (695,151) 9,373,527 (a) 2019 11,395,945 198,938 (93,401) (812,614) 10,688,868 (737,738) 9,951,130 (a) 2020 12,028,516 222,531 (91,576) (859,137) 11,300,334 (779,167) 10,521,167 (a) 2021 12,719,330 232,959 (89,716) (882,197) 11,980,376 (849,095) 11,131,281 (a) 2022 13,329,275 234,019 (88,633) (932,696) 12,541,965 (842,716) 11,699,249 (a) 2023 14,574,962 246,871 (86,227) (1,026,948) 13,708,658 (827,034) 12,881,624 (a) NOTE: In 1978 the voters of the State of California passed Proposition 13 which limited property taxes to a value of property may be increased by an "inflation factor" (limited to a maximum increase of 2%). With few assessed value is reassessed at the purchase price of the property sold. (a) California cities do not set their own direct tax rate. The State Constitution establishes the rate at 1% and allocates a portion of that amount, by annual calculation, to all the taxing entities within a tax rate area. The City of Antioch includes 39 tax rate areas. The percentage presented is the City's share of the 1%. The County could not provide data for these fiscal years.

Source: Contra Costa County Certificate of Assessed Valuations total maximum rate of 1% based upon the assessed value of the property being taxed. Each year, the assessed exceptions, property is only reassessed at the time that it is sold to a new owner. At that point, the new

CITY OF ANTIOCH
Assessed Value and Estimated Actual Value of Taxable Property Last Ten Fiscal Years
(in thousands of dollars)
245
2022-2023 Local Secured Assessed Valuation - $14,573,388,162 Total Percentage of Total Percentage of
Secured Total Secured Secured Total Secured
Assessed Assessed Assessed Assessed
Taxpayer Value (A) Rank Value Value (A) Rank Value
Kaiser Foundation Hospitals/Health Plan-Sand Creek 463,897 1 3.183% 414,663 1 5.444% Sutter East Bay Hospital 144,989 2 0.995% 119,335 2 1.567% AMCAL Antioch Fund LP 108,306 3 0.743%
Community Housing Agency - Twin Creeks 77,112 4 0.529%
Community Housing Agency - Mira Vista Hills 70,776 5 0.486% Georgia-Pacific Gypsum LLC 45,561 6 0.313% 19,880 6 0.261% SIV Antioch LLC 40,016 7 0.275%
Sequoia Equities - Cross Pointe 39,649 8 0.272% 33,356 3 0.438% Delta Pines Antioch LP 31,011 9 0.213%
Camden Village LLC 30,630 10 0.210% 20,467 5 0.269%
Costco Wholesale Corp 0.00 0.000% 19,174 7 0.252%
Deer Creek Partnership 0.00 0.000% 17,501 9 0.230%
Runaway Bay LLC 0.00 0.000% 27,700 4 0.364%
Lakeshore Antioch 0.00 0.000% 18,668 8 0.245%
Lowes HIW Inc 0.00 0.000% 16,592 10 0.218%
$1,051,947 7.218% $707,336 9.288%
(A) Amounts listed for top ten taxpayers only.

Source: County Assessor's Office via ParcelQuest
The amounts shown above include assessed value data for both the City and the Antioch Development Agency City of Antioch
Principal Property Taxpayers
FY 2022-23 Compared To FY 2013-14
(amounts expressed in thousands, except for Rank and Percentages) 2023 2014
246
Community Community Community
East Bay College College College
Fiscal Basic County Regional 2002 2006 2014
Year Wide Levy BART Park Bonds Bonds Bonds Total
2014 1.0000 0.0075 0.0078 0.0043 0.0090 - 1.0286 2015 1.0000 0.0026 0.0067 0.0034 0.0076 0.0110 1.0313 2016 1.0000 0.0026 0.0067 0.0034 0.0076 0.0110 1.0313 2017 1.0000 0.0080 0.0032 0.0033 0.0074 0.0013 1.0232 2018 1.0000 0.0084 0.0021 0.0032 0.0068 1.0219 2.0424 2019 1.0000 0.0070 0.0021 0.0030 0.0065 0.0015 1.0201 2020 1.0000 0.0120 0.0094 0.0030 0.0063 0.0095 1.0402 2021 1.0000 0.0139 0.0014 0.0058 0.0011 0.0092 1.0314 2022 1.0000 0.0060 0.002 0.0039 0.0044 0.0093 1.0256 2023 1.0000 0.0140 0.0058 0.0031 0.0043 0.0088 1.0360

Source: Contra Cost County Assessors Office

CITY OF ANTIOCH

PROPERTY TAX RATES

LAST TEN FISCAL YEARS
247
City Development Value of
Property Tax Agency Property Total Tax Percentage Value of City Development Agency Total Value of Fiscal Levied and Tax Levied and Levied and of Levy Property Subject Property Subject to Property Subject Year Collected Collected (2) Collected Collected (3) To Local Tax Rate Local Tax Rate To Local Tax Rate 2014 $16,765 - $ $16,765 100% 6,374,601 613,598 6,988,199 2015 14,927 - 14,927 100% 7,664,094 592,222 8,256,316 2016 12,140 - 12,140 100% 8,323,370 600,330 8,923,700 2017 13,552 - 13,552 100% 8,833,818 655,249 9,489,067 2018 13,774 - 13,774 100% 9,373,527 695,151 10,068,678 2019 14,458 - 14,458 100% 9,951,130 737,738 10,688,868 2020 15,075 - 15,075 100% 10,521,168 779,167 11,300,335 2021 15,892 - 15,892 100% 11,131,281 849,095 11,980,376 2022 17,142 - 17,142 100% 11,699,249 842,716 12,541,965 2023 19,114 - 19,114 100% 12,881,624 827,034 13,708,658

alternate method of apportionment (the Teeter Plan). Under the Teeter Plan, all amounts levied are apportioned to the County and other taxing agencies regardless of whether they are collected in the current year or not.

Source: Contra Costa County Assessed Valuation Report and Tax Reconciliation Sheet (3) Taxes collected are the same as the amounts levied because Contra Costa County follows California's

City of Antioch
Property Tax Levies and Collections (1)
Last Ten Fiscal Years
(in thousands of dollars)
(1) Figures include data for property within the city, redevelopment project areas and for assessments. (2) Figure represent taxes levied and collected for development agency through January 31, 2012 prior to dissolution of redevelopment with the passage of ABx 1 26, therefore no redevelopment levies after dissolution are provided to the City. 248
Percentage
of Estimated
Lease Total Actual Value
Fiscal Revenue Leases Capital Leases Long-term Loans Marina Primary of Taxable Per Year Bonds Payable (3) Leases Payable (3) Payable Payable Loans Government Property (1) Capita (2) 2014 4,841$ - $ 2,821$ - $ 4,284$ - $ 3,001$ 14,947$ 0.23% 144 $ 2015 4,386 - 2,425 - 4,032 - 2,843 13,686 0.18% 130 2016 4,214 - 2,005 - 3,780 - 2,678 12,677 0.15% 120 2017 4,005 - 1,558 - 3,528 197 2,537 11,825 0.13% 109 2018 3,790 - 1,084 - 3,276 682 2,392 11,224 0.12% 99 2019 3,566 - 580 - 3,024 550 2,291 10,011 0.10% 88 2020 3,332 - 46 - 2,772 655 2,188 8,993 0.09% 80 2021 3,088 - - - 3,239 5,143 2,105 13,575 0.12% 120 2022 2,833 - - 432 2,934 9,200 2,018 17,417 0.15% 154 2023 2,564 2,104 - 378 2,628 43,135 1,927 52,736 0.41% 459

Note: Details regarding the City's outstanding debt can be found in the notes to the financial statements.

Source: City of Antioch Financial Report
(1) See the schedule of Assessed Value and Estimated Actual Value of Taxable Property (2) Population data can be found in the Demographic and Economic Statistics schedule (3) Lease payable recorded as a result of implementation of GASB 87 in fiscal year 2022 Governmental Activities

City of Antioch
Ratios of Outstanding Debt by Type
Last Ten Fiscal Years
(amounts expressed in thousands, except per capita amount) Business-Type Activities
249
The City of Antioch has not had any outstanding general obligation bond debt since 2001-02.

City of Antioch
Ratios of General Bonded Debt Outstanding
250

CITY OF ANTIOCH
Legal Debt Margin Information
Last Ten Fiscal Years
(amounts expressed in thousands)
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Debt limit 1,170,913 $ 1,362,072$ 1,462,995$ 1,551,247$ 1,641,561$ 1,739,233$ 1,837,657$ 1,942,843$ 2,034,494$ 2,223,275$

Total net debt applicable to limit - - - - - - - - - -

Legal debt margin 1,318,322$ 1,362,072$ 1,462,995$ 1,551,247$ 1,641,561$ 1,739,233$ 1,837,657$ 1,942,843$ 2,034,494$ 2,223,275$ Total net debt applicable to the limit 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% as a percentage of debt limit

Legal Debt Margin Calculation for Fiscal Year 2023
The following numbers are not expressed in thousands:

Assessed value 13,708,657,501$
Add back: exempt real property 1,113,175,500
Total assessed value 14,821,833,001
Debt limit (15% of total assessed value) 2,223,274,950
Debt applicable to limit:

General obligation bonds -
Less: Amount set aside for repayment
of general obligation debt -
Total net debt applicable to limit -
Legal debt margin 2,223,274,950$
Source: City of Antioch Finance Department and Contra Costa County Certificate of Assessed Valuations for fiscal year 2022-23 Note: Beginning in Fiscal Year 2000-01, the City of Antioch did not have any general obligation debt.

However, under State finance law, the City of Antioch's outstanding general obligation debt should not exceed 15% of total assessed property value.

By law, the general obligation debt subject to the limitation may be offset by amounts set aside for repaying general obligation bonds. 251
Gross Less:

Water Direct Net Revenue Debt Special Outstanding
Fiscal Charges Operating Available for Service Assessment (in thousands) Year And Other Expenses Debt Service Principal Interest Coverage Collections (2) Lone Diamond 2014 27,297$ 23,328$ 3,969$ 770$ 14 $ 5.06% 7,436,553$ 13,915 $ 2015 24,711 21,137 3,574 - - n/a 7,472,192 2,405 2016 26,865 20,049 6,816 - - n/a - - 2017 30,220 22,072 8,148 - - n/a - - 2018 35,875 26,448 9,427 - - n/a - - 2019 40,690 28,181 12,509 - - n/a - - 2020 45,802 31,385 14,417 - - n/a - - 2021 45,259 34,554 10,705 - - n/a - - 2022 48,695 32,622 16,073 - - n/a - - 2023 41,769 35,409 6,360 - - n/a - -

(1) Details regarding the City of Antioch's outstanding debt can be found in the notes to the financial statements.

Water Charges and Other includes investment earnings but not tap fees. Operating expenses do not include interest or depreciation.
(2) Special Assessment Debt without City Commitment: The City was the collecting and paying agent for other special assessment debt, but has no direct or contingent liability or moral obligation for the payment of this debt.

Therefore, this debt was not included in the City's financial statements and was fully repaid in 2014.

Source: City of Antioch Financial Statements
Debt Service
Special Assessment Bonds
City of Antioch
Pledged Revenue Coverage
Last Ten Fiscal Years

Water Revenue Bonds (1) (in thousands)

252
2022-23 Assessed Valuation 13,708,657,501 $
Antioch Development Agency Incremental Valuation: 827,034,357 Adjusted Assessed Valuation: 12,881,623,144 $

Total Debt Percent City's Share o f
JURISDICTION 6/30/2023 Applicable (1) Debt 6/30/2023
OVERLAPPING TAX AND ASSESSMENT DEBT:

Bay Area Rapid Transit District 2,484,285,000 $ 1.448% 35,972,447 $ Contra Costa Community College District 649,015,000 5.485% 35,598,473 Antioch Unified School District Schools Facilities Improvement District No. 1 97,781,533 82.975% 81,134,227 Liberty Union High School District 135,890,000 3.064% 4,163,670 Brentwood Union School District 105,685,076 5.491% 5,803,168 East Bay Regional Park District 175,955,000 2.293% 4,034,648 Calfornia Statewide Community Development Authority
Community Facilities District No. 2020-01 I.A. No. 1 9,220,000 100.000% 9,220,000 Calfornia Statewide Community Development Authority Assessment District 19-1 1,910,000 100.000% 1,910,000 Total Overlapping Tax and Assessment Debt 177,836,632$
OVERLAPPING TAX INCREMENT DEBT (Successor Agency): 15,743,342$ 100.000% 15,743,342$ DIRECT AND OVERLAPPING GENERAL FUND OBLIGATION DEBT:

Contra Costa County General Fund Obligations 193,515,000 $ 5.468% 10,581,400 $ Antioch Unified School District General Fund Obligations 21,937,207 87.850% 19,271,836 Liberty Union High School District General Fund Obligations 2,853,488 3.064% 87,431 City of Antioch General Fund Obligations 2,564,136 100.000% 2,564,136 GROSS DIRECT AND OVERLAPPING GENERAL FUND DEBT 32,504,803 $ Less: Contra Costa County Obligations supported from revenue funds 2,784,817 NET DIRECT AND OVERLAPPING GENERAL FUND DEBT 29,719,986 $ TOTAL DIRECT DEBT 2,564,136$ (2)
TOTAL GROSS OVERLAPPING DEBT 223,520,641 $
TOTAL NET OVERLAPPING DEBT 220,735,824 $
GROSS COMBINED TOTAL DEBT 226,084,777 $ (2)
NET COMBINED TOTAL DEBT 223,299,960 $
NOTES:
(1) For debt repaid with property taxes, the percentage of overlapping debt applicable is estimated using taxable assessed property values. Applicable percentages were estimated by determining the portion of another governmental unit's taxable assessed value that is within the City's boundaries and dividing it by each unit's taxable assessed value.

Overlapping governments are those that coincide, at least in part, with the geographic boundaries of the City. This schedule estimates the portion of the outstanding debt of those overlapping governments that is borne by the residents and businesses of the City. This process recognizes that, when considering the City's ability to issue and repay long-term debt, the entire debt burden borne by the residents and businesses should be taken into account. However, this does not imply that every taxpayer is a resident, and therefore responsible for repaying the debt, of each overlapping government.
(2) Excludes tax and revenue anticipation notes, enterprise revenue, mortgage revenue, non-bonded capital lease and City pension and OPEB obligations
Ratios to Adjusted Assessed Valuation:

Total Overlapping Tax and Assessment Debt: 1.38%
Combined Direct Debt ($2,564,136): 0.02%
Gross Combined Total Debt: 1.76%
Net Combined Total Debt: 1.73%
Ratios to Redevelopment Successor Agency Incremental Valuation:

Total Overlapping Tax Increment Debt: 1.90%
Source: California Municipal Statistics, Inc.

CITY OF ANTIOCH
Direct and Overlapping Debt
June 30, 2023
253
Personal Per
City of Contra Costa Income Capita
Antioch County (in thousands 2011-15) Personal Unemployment Fiscal Year Population(1) Population (1) (in millions 2016-2021) (2) Income (2) Rate (3) 2014 106,455 1,087,008 $70,849,779 $63,752 6.90%
2015 108,298 1,102,871 76,517,699 68,123 6.80%
2016 112,968 1,123,429 82,427 72,483 6.80%
2017 114,241 1,139,513 88,024 76,886 6.80%
2018 113,061 1,149,363 94,900 82,506 4.50%
2019 112,423 1,150,537 97,550 84,614 4.00%
2020 112,520 1,153,477 106,319 92,264 17.10%
2021 112,848 1,153,854 115,343 99,312 9.60%
2022 115,074 1,156,555 * * 4.60%
2023 115,442 1,147,653 * * 5.30%

*No Data Available

Data Sources:
(1) State Department of Finance
(3) State of California Employee Development Dept., Labor Market Info, Data Library City of Antioch
Demographic and Economic Statistics
Last Ten Fiscal Years
(2) U.S. Department of Commerce, Bureau of Economic Analysis (data shown is for Contra Costa County) - Last updated: 11/14/2019 - updated figures for 2016
254
Approx.Number Percentage Number Percentage
of Of Total City of Of Total City
Employer Employees1 Employment Employees Employment
Kaiser Permanente 2,720 5.46% 2,240 4.04%
Antioch Unified School District 2,190 4.40% 1,867 3.37% Sutter Delta Medical Center 2 972 1.95% 1,200 2.17%
Contra Costa County Social Services 220 0.44% 593 1.07% Wal-Mart3 225 0.45% 321 0.58%
Target 220 0.44% 250 0.45%
Costco 2 292 0.59% 250 0.45%
City of Antioch 313 0.63% 243 0.44%
Antioch Auto Center 213 0.43% 238 0.43%
Safeway 123 0.25% 139 0.25%
1 Source: City of Antioch Economic Development Department 2 Includes contract employees
3 Includes part time employees
2023 2013
City of Antioch
Principal Employers
Current Year and Nine Years Ago
255
Function 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Police
Physical arrests 4,018 4,707 4,954 4,730 4,336 3,814 3,389 3,022 2,386 1,305 Parking violations 2,318 2,311 2,551 2,530 4,642 4,354 2,857 1,074 929 179 Traffic violations 1,479 2,246 4,261 5,619 5,157 4,272 6,074 6,229 4,659 1,867 Sworn Officers (2) 87 102 102 102 103 104 115 115 115 115 Reserve Personnel 3 3 3 3 1 1 1 0 0 0
Support Personnel (2) 26 29 32 32 32 33 39 41 41 41
Highways and streets
Street resurfacing, sq ft 1,408,525 342,269 164,993 750,707 104,355 10,500 261,360 916,830 0 607,593 Culture and recreation
Athletic sports complex admissions 60,000 60,000 (4) (4) (4) (4) (4) (4) (4) (4) Water Park Guests/Program Participants (4) (4) 71,241 42,341 44,502 28,876 27,053 12,046 47,231 55,285 (6) Recreation Classes/Program Participants (4) (4) 6,000 6,905 5,850 5,904 5,110 873 6,888 6,948 (6) Senior Center meals served (1) (1) (1) (1) (1) (1) 17,374 21,216 14,524 15,926 Worth Shaw Sports Complex
Number of Tournaments (4) (4) 40 44 23 36 21 0 15 14 (6) Number of Participants in City Programs (4) (4) 1,500 1,800 2,500 3,650 3,993 715 575 1,305 (6) Number of Turf Field Rentals (4) (4) 459 503 728 784 463 (3) 89 942 1,081 (6) Community center admissions/Facility Rentals
Nick Rodriguez Community Center (5) 12,800 14,300 365 345 450 430 350 6 62 339 (6) Antioch Community Center (5) 100,000 100,000 806 695 820 751 617 188 1,215 851 (6) Prewett Community Center (5) 92,000 71,241 129 85 70 51 73 16 89 91 (6) Water
New connections 206 158 97 74 72 102 266 429 2361 2750
Water main breaks 22 31 33 46 21 29 20 37 32 38
Average daily consumption
(thousands of gallons) 16,221 12,065 11,010 12,567 12,728 12,944 15,660 13,880 14,734 12,402 Sewer**
New connections 180 123 67 43 41 67 215 353 2,325 2,712 (1) Recreation reporting of this information started in 2020. (2) 2014 and beyond represents total funded positions only. 2013 and prior years data includes frozen positions. (3) All rentals were canceled mid-March 2020 due to COVID-19 resulting in drop in turf rental from prior year. (4) Recreation Dept has changed information reporting beginning in 2016. (5) In 2016, Recreation began reporting number of facility rentals verses number of visitors as in prior years **The City does not process daily sewage - it maintains the sewer line that connects to the main sewer. Delta Diablo Sanitation District is responsible for sewage treatment. (6) participation numbers significantly lower in 2021 due to limited operations during COVID 19 pandemic Source: Various City Departments

Antioch City CouncilFebruary 13, 2024

Antioch City Council
February 13, 2024