Industry City Council
June 10, 2025

CITY COUNCIL SPECIAL MEETING AGENDA
JUNE 10, 2025

CITY COUNCIL

SPECIAL MEETING
AGENDA
JUNE 10, 2025 AT 9:00 AM

MAYOR CORY MOSS

MAYOR PRO TEM MICHAEL GREUBEL

COUNCIL MEMBER STEVE MARCUCCI
COUNCIL MEMBER MARK D. RADECKI

COUNCIL MEMBER NEWELL RUGGLES
LOCATION: City Council Chambers, 15651 Mayor Dave Way, City of Industry, California ADDRESSING THE CITY COUNCIL:

Agenda Items: Members of the public may address the Council on any matter listed on the Agenda.

Anyone wishing to speak to the Council is asked to complete a Speaker’s Card which can be found at the back of the room and at the podium. The completed form should be submitted to the City Clerk prior to the Agenda item being called and prior to the individual being heard by the Council.

Public Comments (Non-Agenda Items): During public comments, if you wish to address the City Council during this Special Meeting, under Government Code Section 54954.3(a), you may only address the City Council concerning any item that has been described in the notice for the Special Meeting.

At the time of publication, no Councilmembers intend to take part in the meeting remotely under the provisions of AB 2449. Should that change between the time of publication and the start of the meeting, a live webcasting of the meeting will be accessible via the link, meeting ID, and meeting passcode listed below. Whenever possible, an announcement will be made at the start of the meeting via the live webcast to confirm whether or not a Councilmember will join remotely. If they will not be joining remotely, then the live webcast will terminate after the announcement. www.microsoft.com/microsoft-teams/join-a-meeting
Meeting ID: 221 589 242 473 7
Meeting Passcode: BF9Th2J9
Or call in (audio only)
+1 657-204-3264,
Phone Conference ID: 275 424 649#
AMERICANS WITH DISABILITIES ACT:

In compliance with the ADA, if you need special assistance to participate in any City meeting (including assisted listening devices), please contact the City Clerk’s Office (626) 333-2211. Notification of at least 48 hours prior to the meeting will assist staff in assuring that reasonable arrangements can be made to provide accessibility to the meeting.

AGENDAS AND OTHER WRITINGS:

In compliance with SB 343, staff reports and other public records permissible for disclosure related to open session agenda items are available at City Hall, 15625 Mayor Dave Way, City of Industry, California, at the office of the City Clerk during regular business hours, Monday through Thursday 8:00 a.m. to 5:00 p.m., Fridays 8:00 a.m. to 4:00 p.m. Any person with a question concerning any agenda item may call the City Clerk’s Office at (626) 333-2211.

CITY COUNCIL SPECIAL MEETING AGENDA
JUNE 10, 2025

1. Call to Order

2. Flag Salute

3. AB 2449 Vote on Emergency Circumstances (if necessary)

4. Roll Call

5. OATH OF OFFICE

5.1. Administration of Oath of Office

6. CONSENT ITEMS

6.1. Consideration of the Register of Demands for June 12, 2025 RECOMMENDED ACTION: Approve the Register of Demands and authorize the appropriate City Officials to pay the bills.

6.2. Consideration of the minutes of the May 8, 2025 regular meeting RECOMMENDED ACTION: Approve as submitted.

6.3. Consideration of Change Order No. 4, Closeout Change Order No. 5, and Notice of Completion for Contract No. CITY-1511, 2023 Annual Slurry Seal, with Doug Martin Contracting Company, Inc.

RECOMMENDED ACTION: Approve and execute Change Order
Nos. 4 & 5, and authorize the Public Works Director to execute the Notice of Completion.

6.4. Consideration of Amendment No. 2 to a Professional Services Agreement with Jeff Parriott Photographic Services for Historical Photographic Services RECOMMENDED ACTION: Approve the Amendment.

6.5. Consideration of Amendment No. 1 to the Professional Services Agreement with Keenan & Associates, for Property and Casualty Claims Administration Services extending the term through June 30, 2028, increasing compensation by $150,000.00, and updating the Rate Schedule RECOMMENDED ACTION: Approve Amendment No. 1.

6.6. Consideration of Amendment No. 3 to the Maintenance Services Agreement with Pacific Utility Installation, Inc., for the operation and maintenance of the Citywide streetlight system and other City Facilities, extending the term through June 30, 2028, revising the rate schedule and increasing compensation by $400,000.00 (MP 02 05 #6)

CITY COUNCIL SPECIAL MEETING AGENDA
JUNE 10, 2025
RECOMMENDED ACTION: Approve the Amendment.

6.7. Consideration of Resolution No. CC 2025-18 - a Resolution of the City Council of the City of Industry, California, rescinding Resolution No. CC 2024-35, and adopting Salary Range Schedules for City Employees and City Elected and Appointed Officials for Fiscal Year 2025-2026 RECOMMENDED ACTION: Adopt Resolution CC 2025-18.

6.8. Consideration of Resolution No CC 2025-20 - a Resolution of the City Council of the City of Industry, California, Authorizing the Creation of a City Operating Reserve Fund, Special Revenue Operating Reserve, Enterprise Fund Operating Reserve, and a City Capital Improvement Reserve Fund, and Authorizing Certain Appropriations to the Various Funds RECOMMENDED ACTION: Adopt Resolution No. CC 2024-20.

6.9. Consideration of Resolution No. 2025-19 - A Resolution of the City Council of the City of Industry, California, Approving and Adopting the City’s Fiscal Year 2025-2026 Operating Budget and Fiscal Year 2025 – 2026 Capital Improvement Program Budget
RECOMMENDED ACTION: Adopt Resolution No. 2025-19.

6.10. Consideration of a License Agreement and Loan Agreement with Puente Hills Auto Center Association
RECOMMENDED ACTION: 1. Approve the License Agreement and

2. Approve the Loan Agreement.

7. ACTION ITEMS

7.1. Consideration of a Resolution approving a Mitigated Negative Declaration with a Mitigation Monitoring Program, and a Resolution approving Development Plan Application No. 22-05, to allow a 109,423 square-foot expansion to an existing 558,737 square-foot industrial building, along with other associated site improvements, and the removal of an existing solar farm and truck parking area, for the property located at 20701 Currier Road, City of Industry, California
RECOMMENDED ACTION: 1) Adopt Resolution No. CC 2025-24
approving the IS/MND and notice of determination regarding same; and 2) Adopt Resolution No. CC 2025-25 approving Development Plan No. 22- 05 with the Standard Requirements and Conditions of Approval.

7.2. Consideration of Appointment for Two (2) Vacant Seats on the Industry Property and Housing Management Authority

CITY COUNCIL SPECIAL MEETING AGENDA
JUNE 10, 2025
RECOMMENDED ACTION: Discuss and make appointments to the Industry Property and Housing Management Authority, and/or provide additional direction to Staff.

7.3. Consideration of Appointment of Three (3) Vacant Seats on the Civic Recreational Industrial Authority Board
RECOMMENDED ACTION: Discuss and make appointments to the Civic Recreational Industrial Authority Board, and/or provide additional direction to staff.

8. PUBLIC HEARINGS-NONE

9. CLOSED SESSION

9.1. CONFERENCE WITH REAL PROPERTY NEGOTIATORS
Pursuant to Government Code Section 54956.8

Property: 1 Industry Hills Parkway, City of
Industry, CA, 91744 also known as Assessor Parcel Numbers (portion of) 8247-014-900, (portion of) 8247-013- 908, 8262-001-900, 8262-001-902, (portion of) 8262-011-930, 8262-011- 931, 8262-012-270, 8262-012- 271, 8262-012-272, 8262-012-273, (portion of) 8262-012-274, (portion of) 8262- 012- 275, 8262-012-276,(portion of) 8262- 015-900, (portion of) 8262-015- 901, 8262-015-902, 8262-015-904, (portion of) 8262-015-905, 8263-008- 270, 8263- 008-271, 8263-008-904 and 8263-027- 270
Agency Negotiators: Joshua Nelson, City Manager
James M. Casso, City Attorney
Negotiating Parties: Majestic Industry Hills, LLC, a
Delaware limited liability company
Under Negotiation: Price and terms of payment

9.2. CONFERENCE WITH LEGAL COUNSEL - EXISTING LITIGATION Pursuant to Government Code Section 54956.9(d)(1)
Case: City of Industry v. Legacy Point, LLC
Los Angeles County Superior Court Case No. 25STCV03700

10. CITY MANAGER REPORTS

11. AB 1234 REPORTS

12. Adjournment. The next regular City Council Meeting is Tuesday, June 26, 2025, at 9:00 AM.

ITEM NO. 6.1

ITEM NO. 6.2

ITEM NO. 6.3

MEMORANDUM
TO: Honorable Mayor and Members of the City Council
FROM: Joshua Nelson, City Manager
STAFF: Mathew Hudson, Director of Public Works
Chris Lum Construction Manager - CNC Engineering
DATE: June 10, 2025
SUBJECT: Consideration of Change Order No. 4, Closeout Change Order No. 5, and Notice of Completion for Contract No. CITY-1511, 2023 Annual Slurry Seal, with Doug Martin Contracting Company, Inc.

Background:

On September 12, 2024, the City Council awarded Contract No. CITY-1511 for the 2023 Annual Slurry Seal, to Doug Martin Contracting Company Inc., in the amount of $309,382.81. This project consisted of slurry sealing various City streets. Work included preparation of pavement surface by crack sealing, removal of existing raised pavement markers, application of surface treatment, and installation of pavement striping and pavement markers. The streets included in the project are Vineland Avenue, Mason Way, Orange Avenue, Wilson Way, Phoenix Drive, Robin Way, Kearn Creek Court, Cheryl Lane, Brea Canyon Road, Old Ranch Road, Waddingham Way, Grand Avenue East Ramp, Grand Avenue West Ramp, and Spanish Lane.

Discussion:

As of April 25, 2025, the City Manager approved the following change orders nos. 1-3 in the total amount of $22,931.00:
• Change Order No. 1 – Costs in the amount of $19,120.00 were approved to include Wet Night Enhanced beads to the thermoplastic striping.
• Change Order No. 2 – Costs in the amount of $1,611.00 were approved to reimburse the contractor for a road encroachment permit from the County of Los Angeles Department of Public Works.
• Change Order No. 3 – Costs in the amount of $2,200.00 were approved to reimburse the contractor for a Contractors Right of Entry permit from UPRR.

As a part of the contract specifications, the City will reimburse the Contractor for any permit or inspections fees required by other agencies. Additionally, final field quantities have been measured and completed.

As of May 27, 2025, the Director of Public Works has reviewed the change order for completeness and accuracy as to the materials and labor included:
• Change Order No. 4 – Prior to the start of construction, the contractor was required to obtain a Contractors Right of Entry permit from UPRR to work in its right of way. The permit required the contractor to enter into an agreement with an approved Railroad flagging service. As a part of the project specifications, the contractor was required to pay for the flagging services and be reimbursed by the City. The total cost of this change order is $17,308.25.
• Change Order No.5 – Final quantities have been completed and the overruns are as follows:

Overruns –
Bid Item No. 2, Slurry Seal Surfacing, Type II, $332.27/TON x 62.08 = $20,627.32.

The total amount of Overruns = $20,627.32
As of March 27, 2025, Staff has determined all the streets listed have been slurry sealed and the pavement markings and striping have been completed.

Table 1 - Summary of Extra Costs
Contract Amount $309,382.81
Change Order No. 1 $19,120.00
Change Order No. 2 $1,611.00
Change Order No. 3 $2,200.00
Change Order No. 4 $17,308.25
Change Order No. 5 $20,627.32
Revised Project Cost $370,249.38
Fiscal Impact:

The revised contract amount including Change Order Nos. 1 through 5 totals $370,249.38. In the adopted FY 24-25 Capital Improvement Project Budget, $500,000.00 is approved for this work (Account No. 120-702-5205) (MP 22-05).

Recommendation:

1. Approve and execute Change Order No. 4 in the amount of $17,308.25.

2. Approve and execute Closeout Change Order No. 5 in the amount of $20,627.32.

3. Accept the work performed by Doug Martin Contracting Company Inc. in the amount of $370,249.38; and

4. Authorize the Public Works Director to execute the Notice of Completion attached here as Exhibit C; and

5. Authorize the City Clerk to file a Notice of Completion for this project.

Exhibits:

1. A. Change Order No. 4, dated June 12, 2025

2. B. Closeout Change Order No. 5, dated June 12, 2025

3. C. Notice of Completion, dated June 12, 2025

EXHIBIT A
Change Order No. 4, dated June 12, 2025
[Attached]

EXHIBIT B
Closeout Change Order No. 5, dated June 12, 2025
[Attached]

suuv.-11..l.ER CONTRACTINCCO 'vw1�
United Rock-Irwindale 3[1/2025
8:37:20AM
1245 E. Arrow Hwy.

Irwindale, CA 91706
(626) 358-4558
804121760
ACDUllaCDMPIIIIMY WEIGHMASTER CERTIFICATE REPRINT
THIS IS TO CERTIFY that the fullll'Ning described commodity was weighed, measured, or counted by a weighmaster, 'M!ose signabJre is on this certificate, 'MIO is a recognized authority of accuracy, as prescribed by Chapter 7 (commencing IMlll Section 12700) of Division 5 of the California Business and Proressions Code, administered by the Division of Measurement Standards Location: 100794 United Rock-Irwindale
Customer: 10065685 DOUG MARTIN CONTRACT Gross
Order :502603 FOB 2025 Tare
Net
Pounds
79920
29300*
50620
Tons

39.96 14.65 *

25.31 P.O. : 2024-41 City of Industry
Product : 300046 TYPE 11 SLURRY DUST
carrier:

25.31Ton
Ordered
Received
SEAN 2 TICKETS 909-559-E Remaining
Haul Rate: 0.00
Zone Today:

0.00 7,288.06

0.00 76.40 Loads:

Metric

36.25 13.29*

22.96 • P.T.
3 Vehicle : W2A
License#: 95109V1
Map Page:

Received: ---------------
Subject to terms and conditions on reverse side.

Weighmaster: Ana Rodriquez

ORIGINAL

EXHIBIT C
Notice of Completion, dated June 12, 2025
[Attached]

ITEM NO. 6.4

MEMORANDUM
TO: Honorable Mayor and Members of the City Council
FROM: Joshua Nelson, City Manager
STAFF: Sam Pedroza, Asst. City Manager
DATE: June 10, 2025
SUBJECT: Consideration of Amendment No. 2 to a Professional Services Agreement with Jeff Parriott Photographic Services for Historical Photographic Services
Background:

On September 10, 2020, the City Council approved a Professional Services Agreement ("Agreement") with Jeff Parriott Photographic Services ("Parriott"), for professional historic photographic scanning and related services including scanning of historic photographs, maps, and other documents; digitally correcting damage to scanned image files; and document printing and framing at all City facilities, including City Hall and the Workman and Temple Family Homestead Museum. On March 11, 2021, the City Council approved Amendment No. 1 to add book services and increase compensation by $20,000, for a not-to-exceed amount of $270,000.00.

Discussion:

The Agreement expires on June 30, 2025. The proposed Amendment No. 2 will extend the term for five years through June 30, 2030, add an accompanying $300,000.00, amend the Scope of Services to reflect current services, amend the Rate Schedule to reflect the Consultant’s updated rates. Furthermore, the amendment will include indemnity language specific to independent contractors to comply with best practices, and revise the contact information for notices to the City and City Attorney’s office.

Fiscal Impact:

Funding for the proposed amendment is available in General Fund - Workman Temple Homestead - Professional Services (Account No. 100-626-5120.01). No appropriation needed at this time.

Recommendation:

Staff recommends the City Council approve Amendment No. 2 to the Professional Services Agreement with Jeff Parriott Photographic Services.

Exhibits:

1. Amendment No. 2 to the Professional Services Agreement with Jeff Parriott Photographic Services

1 AMENDMENT NO. 2

TO PROFESSIONAL SERVICES AGREEMENT WITH

JEFF PARRIOTT PHOTOGRAPHIC SERVICES
This Amendment No. 2 to the Professional Service Agreement (“Agreement”), is made and entered into this 10th day of June, 2025 (“Effective Date”), by and between the City of Industry, a California municipal corporation (“City”), and Jeff Parriott Photographic Services, a sole proprietor (“Consultant”). The City and Consultant are hereinafter collectively referred to as the “Parties”.

RECITALS
WHEREAS, on or about September 10, 2020, the Agreement was entered into and executed between the City and Consultant to provide professional historic photographic scanning and related services at all city facilities; and WHEREAS, on or about March 11, 2021, Amendment No. 1 was approved to increase the compensation by $20,000.00 and revise the Scope of Services to add book services; and
WHEREAS, the Parties desire to amend the Agreement to extend the term through June 30, 2030, increase compensation by $300,000.00, amend the Scope of Services to reflect current services, and amend the Rate Schedule to reflect the Consultant’s updated rates. Furthermore, it is necessary to comply with best practices and include indemnity language specific to independent contractors along with revising the contact information for notices to the City and City Attorney’s office; and WHEREAS, for the reasons set forth herein, the City and Consultant desire to enter into this Amendment No. 2, as set forth below.

AMENDMENT
NOW, THEREFORE, in consideration of the mutual covenants, promises and agreements set forth herein, it is agreed the aforesaid Agreement, and incorporated herein by reference, shall remain in full force and effect except as otherwise hereinafter provided:

Section 1. TERM
Section 1 is hereby amended to read in its entirety as follows:

This Agreement shall commence on the Effective Date and shall remain and continue in effect until tasks described herein are completed, but in no event later than June 30, 2030, unless sooner terminated pursuant to the provisions of this Agreement.

Notwithstanding the foregoing, the City may extend the Term of the Agreement for a period of one year three times during the original term.

2 Section 4. PAYMENT
Section 4(a) is hereby amended to read in its entirety as follows:

The City agrees to pay Consultant monthly, in accordance with the payment rates and terms and the schedule of payment as set forth in Exhibit B (“Rate Schedule”), attached hereto and incorporated herein by this reference as though set forth in full, based upon actual time spent on the above tasks. This amount shall not exceed Five Hundred Seventy Thousand Dollars ($570,000.00) for the Total Term of the Agreement unless additional payment is approved as provided in this Agreement.

Section 9. INDEPENDENT CONSULTANT
Section 9(c) is hereby added in its entirety to read as follows:
(c) Consultant shall indemnify, defend and hold harmless, the City, its elected officials, officers, employees and agents, from and against any liability (including liability for claims, suits, actions, arbitration proceedings, administrative proceedings, regulatory proceedings, losses, expenses or costs of any kind, whether actual, alleged or threatened, including contributions to any retirement and/or pension plan, legal counsel fees and costs, court costs, interest, defense costs, and expert witness fees), where the same arise out of, are a consequence of, or are in any way attributable to, in whole or in part, Consultant's or by any individual or agency for which Consultant is legally liable, including but not limited to officers, agents, employees or subconsultants of Consultant, service as an independent contractor. The indemnity provisions set forth in this Section 9 (c) shall survive the termination of this Agreement, and are in addition to any other rights or remedies the City may have under the law.

Section 14. NOTICES
To City: City of Industry
15625 Mayor Dave Way
City of Industry, CA 91744
Attention: City Manager
With a Copy To: James M. Casso, City Attorney
Casso & Sparks, LLP
1330 Crossroads Parkway North, Suite 410
City of Industry, CA 91746

EXHIBIT A SCOPE OF SERVICES
Exhibit A is hereby rescinded in its entirety and replaced with Attachment 1, attached hereto, and incorporated herein by reference.

EXHIBIT B RATE SCHEDULE

3 Exhibit B is hereby rescinded in its entirety and replaced with Attachment 2, attached hereto, and incorporated herein by reference.

The person or persons executing this Agreement on behalf of Consultant represents and warrants that he/she has the authority to execute this Agreement on behalf of the Consultant and has the authority to bind Consultant to the performance of its obligations hereunder.

IN WITNESS WHEREOF, the Parties have executed this Amendment No. 2 to the Agreement as of the Effective Date.
“CITY” “CONSULTANT”
City of Industry Jeff Parriott Photographic Services
By: ________________________________ By: _____________________________ Joshua Nelson, City Manager Jeff Parriott

Attest:

By: ____________________________________
Julie Gutierrez-Robles, City Clerk
APPROVED AS TO FORM:

By: ________________________________
James M. Casso, City Attorney

4 ATTACHMENT 1

EXHIBIT A

SCOPE OF SERVICES
Consultant shall provide professional photography services as needed and if required including by not limited to:

1. Scan historic photographs, maps, scrap books and ephemera (“Artifacts”) at city facilities, including Industry City Hall and the Workman and Temple Family Homestead Museum (“Museum”), and provide related scanning services including correction of contrast and exposure and, as needed, digitally correcting damage to the scanned image file.

2. Use guidelines established by the National Archives and Records Administration for digitizing archival materials for electronic access as well as work with parameters established in conjunction with City or museum staff, as applicable.

3. Print, frame, install, and reposition framed works, pictures, certificates, and documents.

4. Upon request, take photographs including, but not limited to: Portraits, Capital Improvement Projects, city facilities, and structures.

5. Archive Artifacts at city facilities, including Industry City Hall and Museum, and provide related services including cataloging, scanning, restoring (as needed), and storing of Artifacts in archival sleeves, envelopes and boxes or other containers designed for historical archival purposes.

6. Assist with the development of publications, printed media, digital media, or other materials or work product related to documentation of the City’s history. For the work tentatively titled Images of America: City of Industry, Consultant shall prepare 150 to 220 images made up of photographs and postcards plus incidental illustrative items if required, including maps, diagrams, drawings, pictures, and other material to be used in the work. The work shall contain no fewer than 8,000 words or more than 18,000 words. The layout of the work shall conform to the style necessary for publishing. Consultant shall complete and deliver a draft of the cover materials to the City no later than May 17, 2021, for review and approval by the City. Consultant shall deliver all a draft text and images to the City no later than July 30, 2021 for review and approval.

Consultant shall revise the drafts at the direction of the City and submit revisions to the City by the deadlines requested. Consultant shall work with the City to read, check and correct proofs of the work from the publisher, and return them to the City publisher within seven (7) days of their receipt.

7. Assign keywords to the data record of each image file to assist searches for pertinent historical subject matter within the collections.

5 ATTACHMENT 2

EXHIBIT B

RATE SCHEDULE
Activity Cost
Basic scanning and correction of contract and exposure; affixing keyworks to file data.
$25.00 per item
Removing damage (examples: spots, stains, tears, etc.) $50.00 per item Removal and return and the organizing and uploading of
pictures into the City and Museum’s network
$81.25 per hour
Installation or repositioning of framed works $43.75 per hour General photography $68.75 per hour
Artifact scanning $68.75 per hour
Printing and framing of pictures, certificates, and
documents
Cost + 25%
Archiving of City historical photos, documents, scrap
books, etc.
$81.25 per hour
Consultant shall be responsible for all expenses incurred while performing services under this Agreement. This includes automobile, truck, and other travel expenses; vehicle maintenance and repair costs; vehicle and other license fees and permits; insurance premiums; road, fuel and other taxes, fines, radio, pager, or cell phone expenses.

Consultant shall furnish all vehicle, equipment, tools, and materials used to provide the services required by this Agreement. City will not require Consultant to rent or purchase any equipment, product, or service as a condition of entering into this Agreement.

ITEM NO. 6.5

MEMORANDUM
TO: Honorable Mayor and Members of the City Council
FROM: Joshua Nelson, City Manager
STAFF: Bing Hyun, Asst. City Manager
Yvette Padilla, Management Analyst II
DATE: June 10, 2025
SUBJECT: Consideration of Amendment No. 1 to the Professional Services Agreement with Keenan & Associates, for Property and Casualty Claims Administration Services extending the term through June 30, 2028, increasing compensation by $150,000.00, and updating the Rate Schedule Background:

On June 23, 2022, the City entered into a Professional Services Agreement (“Agreement”) with Keenan & Associates (“Keenan”) for property and casualty claims administration services in the amount of $150,000.00. Keenan has been providing claims administration services to the City for the past eight years, assisting in the investigation and processing of claims filed against the City.

Discussion:

Throughout our partnership, Keenan has helped the City manage and resolve property and casualty claims efficiently, reducing our liability risks and keeping us in line with legal requirements.

Amendment No. 1 extends the term through June 30, 2028, with a companion increase in compensation of $150,000.00. The amendment will revise the rate schedule to incorporate the latest rates.

Fiscal Impact:

The proposed Amendment’s not-to-exceed compensation is based on an hourly rate for services performed. The actual number of hours will fluctuate depending on how many claims the City receives and their complexity. The fiscal impact of this Amendment will be reflected in proposed budgets for each corresponding fiscal year (Account No. 100-507-5815 – Insurance Claims – Administrative).

Recommendation:

Staff recommends that the City Council approve Amendment No. 1.

Exhibits:

1. COI Keenan Amendment No. 1 - Claims Admin

1 AMENDMENT NO. 1

TO PROFESSIONAL SERVICES AGREEMENT WITH

KEENAN & ASSOCIATES
This Amendment No. 1 to the Professional Services Agreement (“Agreement”), is made and entered into this 10th day of June, 2025 (“Effective Date”), between the City of Industry, a municipal corporation (“City”) and Keenan & Associates, a California corporation (“Consultant”). The City and Consultant are hereinafter collectively referred to as the “Parties”.

RECITALS
WHEREAS, on or about June 23, 2022, the Agreement was entered into between the City and Consultant to provide claims administration services; and WHEREAS, the Parties desire to amend the Agreement to extend the term to June 30, 2028, with a companion increase in compensation of $150,000.00, and update the Rate Schedule; and
WHEREAS, for the reasons set forth herein, the City and Consultant desire to enter into this Amendment No. 1, as set forth below.

AMENDMENT
NOW, THEREFORE, in consideration of the mutual covenants, promises and agreements set forth herein, it is agreed the aforesaid Agreement, and incorporated herein by reference, shall remain in full force and effect except as otherwise hereinafter provided:

Section 1. TERM
Section 1 is hereby amended to read in its entirety as follows:

This Agreement shall commence on July 1, 2025 and shall remain and continue in effect until tasks described herein are completed, but in no event later than June 30, 2028, unless sooner terminated pursuant to the provisions of this Agreement.

Section 4. PAYMENT
Section 4(a) is hereby amended to read in its entirety as follows:
(a) The City agrees to pay Consultant monthly, in accordance with the payment rates and terms and the schedule of payment as set forth in Exhibit B (“Rate Schedule”), attached hereto and incorporated herein by this reference as though set forth in full, based upon actual time spent on the above tasks. This amount shall not

2 exceed Three Hundred Thousand Dollars ($300,000.00) for the total Term of the Agreement unless additional payment is approved as provided in this Agreement.

EXHIBIT B. RATE SCHEDULE
The Rate Schedule is hereby rescinded in its entirety and replaced with the Rate Schedule set forth in Attachment 1, attached hereto and incorporated herein by reference.

The person or persons executing this Agreement on behalf of Consultant represents and warrants that he/she has the authority to execute this Agreement on behalf of the Consultant and has the authority to bind Consultant to the performance of its obligations hereunder.

IN WITNESS WHEREOF, the Parties here executed this Amendment No. 1 to the Agreement as of the Effective Date.
“CITY” “CONSULTANT”
City of Industry Keenan & Associates
By: ________________________________ By: _____________________________ Joshua Nelson, City Manager Eric J. Lucas, Senior Vice President Attest:

By: ____________________________________
Julie Gutierrez-Robles, City Clerk

APPROVED AS TO FORM
By: ________________________________
James M. Casso, City Attorney
Attachment 1

3 EXHIBIT B

RATE SCHEDULE
Hourly Rate for Vice President,
Assistant Vice President, and
Manager
$110.00 per hour
Hourly Rate for Senior Examiner $110.00 per hour
Mileage: IRS mileage rates
Data Processing: At no additional charge
1099 Preparation: At no additional charge
Index/OFAC: At no additional charge
CMS Reporting: At no additional charge
Translator Fee: At cost, with City’s prior written approval Miscellaneous: At cost, with City’s prior written approval

ITEM NO. 6.6

MEMORANDUM
TO: Honorable Mayor and Members of the City Council
FROM: Joshua Nelson, City Manager
STAFF: Mathew Hudson, Director of Public Works
Dev Birla, Contract Electric Utility Director
DATE: June 10, 2025
SUBJECT: Consideration of Amendment No. 3 to the Maintenance Services Agreement with Pacific Utility Installation, Inc., for the operation and maintenance of the Citywide streetlight system and other City Facilities, extending the term through June 30, 2028, revising the rate schedule and increasing compensation by $400,000.00 (MP 02 05 #6)
Background:

On February 27, 2020, the City Council approved the Maintenance Services Agreement (“Agreement”) with Pacific Utility Installation, Inc. (“PUI”) for the operation and maintenance of the Citywide streetlight system and City parking lot facilities, in an amount not-to-exceed $100,000.00, through February 28, 2021. The scope of work includes performing emergency and scheduled field operations and maintenance (“O&M”) of the streetlight systems and City parking lot facilities and responding to calls for urgent issues. On November 12, 2020, the City Council approved Amendment No. 1 to increase the compensation by $350,000.00 and extend the term through June 30, 2022. On June 23, 2022, the City Council approved Amendment No. 2 to revise the rate schedule, increase compensation by $600,000.00 and extend the term through June 30, 2025.

Discussion:

Proper maintenance of the Citywide streetlight system and City parking lot facilities is essential for normal operation and public safety. Amendment No. 3 is necessary so PUI can continue providing timely response and restoration in the event of knocked down or damaged streetlights.

PUI has suggested flat rates for picking up the knocked down poles and restoration back in service based on the history of the actual time and current hourly rates. PUI is currently using similar rates for other cities. Staff have reviewed those flat rates and found that to be in order.

Staff recommends extending the term through June 30, 2028, revising the rate schedule to reflect PUI’s current rates, and increasing compensation by $400,000.00.

Fiscal Impact:

The fiscal impact is $400,000.00. In the adopted fiscal year 2025-26 General Fund Budget, $200,000.00 is budgeted for this work (Account No. 100-629-6200) and no other appropriation is required at this time. Staff will budget accordingly for the remainder of the contract for FY 25-26 and FY 26-27 budgets.

Recommendation:

It is recommended that the City Council approve Amendment No. 3 to the Maintenance Services Agreement with PUI.

Exhibits:

1. Amendment No. 3 to the Maintenance Services Agreement with Pacific Utility Installation, Inc., dated June 12, 2025

2. Approval Letter - Pacific Utility Installation - City MSA

AMENDMENT NO. 3

TO MAINTENANCE SERVICES AGREEMENT WITH
PACIFIC UTILITY INSTALLATION, INC.

This Amendment No. 3 to the Maintenance Services Agreement (“Agreement”) is made and entered into this 12th day of June, 2025, (“Effective Date”) by and between the City of Industry (“City”), a municipal corporation under existing laws of the state of California, and Pacific Utility Installation, Inc., a California corporation, (“Contractor”). City and Contractor are hereinafter collectively referred to as the “Parties.”

RECITALS
WHEREAS, on or about February 27, 2020, the City Council approved a Maintenance Services Agreement (“Agreement”) for the emergency and scheduled field operations and maintenance for the Citywide streetlight system and parking lots at City facilities; and WHEREAS, on or about November 12, 2020, the City Council approved Amendment No. 1 to increase the compensation by $350,000.00 and extend the term of the Agreement through June 30, 2022; and
WHEREAS, on or about June 23, 2022, the City Council approved Amendment No. 2 to increase the compensation by $600,000.00, revise the rate schedule, and extend the term of the Agreement through June 30, 2025; and
WHEREAS, Amendment No.3 is necessary for the continued maintenance and operation of the Citywide streetlight system and City parking lot facilities. Staff recommends extending Agreement through June 30, 2028, revising the rate schedule to reflect Contractor’s current rates, and increasing compensation by $400,000.00, and WHEREAS, for the reasons set forth herein, the City and Contractor desire to enter into this Amendment No. 3, as set forth below.

AMENDMENT
NOW, THEREFORE, in consideration of the mutual covenants, promises and agreements set forth herein, it is agreed the aforesaid Agreement, a copy of which is attached hereto as Exhibit A, and incorporated herein by reference, shall remain in full force and effect except as otherwise hereinafter provided:

1. TERM
The term of this Agreement is hereby revised to read in its entirety as follows:

This Agreement shall commence on the Effective Date and shall remain and continue in effect until tasks described herein are completed, but in no event later than June 30, 2028, unless sooner terminated pursuant to the provisions of this Agreement.

4. PAYMENT
The second sentence of Section 4(a) is hereby revised to read in its entirety as follows:

The total contract amount shall not exceed One Million Four Hundred Fifty Thousand Dollars ($1,450,000.00) for the total Term of the Agreement unless additional payment is approved as provided in this Agreement.

EXHIBIT B RATE SCHEDULE
The Rate Schedule is hereby rescinded in its entirety, and replaced with a new Exhibit B, Rate Schedule, attached hereto and incorporated herein by reference.

The person or persons executing this Agreement on behalf of Consultant represents and warrants that he/she has the authority to execute this Agreement on behalf of the Consultant and has the authority to bind Consultant to the performance of its obligations hereunder.

IN WITNESS WHEREOF, the Parties have executed this Amendment No. 3 to the Agreement as of the Effective Date.
“CITY” “CONTRACTOR”
City of Industry Pacific Utility Installation, Inc.

By: ________________________________ By: _______________________________ Joshua Nelson, City Manager Daniel Mole, President
Attest:

By: ____________________________________
Julie Gutierrez-Robles, City Clerk

APPROVED AS TO FORM
By: ________________________________
James M. Casso, City Attorney

ATTACHMENT 1

EXHIBIT B
Rate Schedule
Flat Rate for Streetlight Knockdowns Pick up Damaged Pole and Restoration Back • $3,590 without foundation work
• $6,090with foundation work
For any other work Hourly Rate Schedule Below
Rate: First 8
Hours
Premium Time 8-10
hours
General Foreman $152.00 $228.00
Cable Splicer Foreman $146.00 $219.00
Cable Splicer/Lineman $141.00 $212.00
Groundman/ Cable Splicer $103.00 $156.00
Field Engineer/ PE/ Test Technician $210.00 $315.00
Locator $170.00 $255.00
Accounting and Material Handling $76.00 N/A
Splice Truck & Tools $70.00 N/A
Pick Up Truck with Tools $52.00 N/A
Heavy Duty Equipment- Crane $95.00 N/A
Straight Time Rates are for Regular Time, Monday-Friday from 7:00am to 3:00pm.

Minimum 2 hours for calls during normal business hours.

Labor rates are doubled for after hours, weekends, and holidays. Minimum 4 hours for calls after hours.

All labor is based on prevailing wages.

EXHIBIT A TO AMENDMENT NO. 3

MAINTENANCE SERVICES AGREEMENT WITH PACIFIC UTILITY
INSTALLATION, INC. DATED FEBRUARY 27, 2020

ITEM NO. 6.7

MEMORANDUM
TO: Honorable Mayor and Members of the City Council
FROM: Joshua Nelson, City Manager
STAFF: Yamini Pathak, Finance Director
DATE: June 10, 2025
SUBJECT: Consideration of Resolution No. CC 2025-18 - a Resolution of the City Council of the City of Industry, California, rescinding Resolution No. CC 2024-35, and adopting Salary Range Schedules for City Employees and City Elected and Appointed Officials for Fiscal Year 2025-2026 Background:

The proposed Salary Schedule for all employees for the upcoming fiscal year is taken annually to Council to consider along with the next fiscal year budget. The Salary Schedule is updated annually to reflect: any new positions added or deleted for the fiscal year, any Cost of Living Adjustments (“COLA”) to Staff salaries positions, and/or any adjustments to wages for any position. As such, the Fiscal Year 2025-26 (“FY 26”) proposed Salary Schedule is being presented to Council for consideration.

Discussion:

For FY26, Staff is proposing a three percent COLA for City employees. A ten percent increase to monthly compensation for members of the City Council was approved via Ordinance No. 825, introduced at the April 24, 2025 meeting and adopted at the May 8, 2025 meeting. When changes are made to positions and wages, the City Council must approve and update these changes in the City’s Salary Schedule. Since the majority of position and salary-related modifications coincide with the budget adoption, the Salary Schedule is typically taken for approval along with the budget. As such, the FY 26 Proposed Salary Schedule reflects the following:
• COLA Salary Increases – One good sign for the overall economy is when there is a year-over-year increase in the region’s Consumer Price Index for all Urban Consumers (“CPI-U”). The CPI-U increase from March 2024 - March 2025 in the Los Angeles-Long Beach-Anaheim region is three percent. Accordingly, CPI-based COLA is being proposed for all employees at three percent.

• Personnel Changes – One part-time position has been removed from the Salary Schedule, namely Administrative Technician II. The following positions have been added to the FY 26 Salary Schedule: full-time Code Enforcement Supervisor, part-time Public Safety Manager, and part-time Public Safety Coordinator.

Pursuant to Government Code Section 3502.3, the City of Industry City Council considered the status of vacancies, recruitment and retention efforts at the June 10, 2025 special meeting, prior to adopting the final budget. During Fiscal Year 2024-2025, there were three (3) vacant parttime positions, including Code Enforcement Officer I/II, Receptionist I/II, and Administrative Technician I/II. All of these positions were budgeted, to enable the addition of staff, if needed.

However, the City managed the workload during the fiscal year without needing to fill the positions and, therefore, the positions remained vacant. No policies, procedures, and recruitment activities lead to obstacles in the hiring process; therefore, no changes are necessary or recommended. The City of Industry does not have any recognized employee organization or bargaining units, but all employees were entitled to make a presentation at the public hearing.

Fiscal Impact:

There is no fiscal impact associated with the approval of the FY 26 proposed Salary Schedule, as the proposed COLA increase is included in the FY 26 Budget. The FY 26 proposed Salary Schedule is available on the City’s website and in hard copy at the City Hall Front Desk or City Clerk’s Office at City Hall.

Recommendation:

Staff recommends the City Council adopt Resolution CC 2025-18, adopting the City of Industry’s FY 2025-26 Salary Schedule, in line with the FY 26 Adopted Budget.

Exhibits:

1. COI CC Resolution FY 26 Salary Schedule Resolution - FINAL

2. City of Industry Salary Schedule - FY 25-26

RESOLUTION NO. CC 2025-18
CONSIDERATION OF RESOLUTION NO. CC 2025-18 - A RESOLUTION OF

THE CITY COUNCIL OF THE CITY OF INDUSTRY, CALIFORNIA, RESCINDING RESOLUTION NO. CC 2024-35, AND ADOPTING SALARY RANGE

SCHEDULES FOR CITY EMPLOYEES AND CITY ELECTED AND APPOINTED OFFICIALS FOR FISCAL YEAR 2025-2026
WHEREAS, the FY 2025-26 (“FY 26”) Proposed Citywide Operating Budget (“Budget”) was presented at City Council’s special meeting on June 10, 2025; and WHEREAS, on July 25, 2024, the City Council approved and adopted an amendment to City’s Salary Range Schedules for Fiscal Year 2024-25 to reflect Cost of Living Adjustments (“COLA”) to Board Members’ salaries; and WHEREAS, the FY 2025-26 (“FY 26”) Adopted Budget includes a three percent COLA for all City employees. A ten percent increase to monthly compensation for members of the City Council was approved via Ordinance No. 825, introduced at the April 24, 2025 meeting, and adopted at the May 8, 2025 meeting. The COLA increase is consistent with the published consumer price index-urban (“CPI-U”) year-over-year increase of three percent from March 2024 to March 2025 for the Los Angeles-Long Beach-Anaheim region, a decrease from four percent a year ago; and WHEREAS, it is necessary to adopt a Salary Range Schedule for FY 26 to demonstrate the COLA increase for the aforementioned City Employees; and WHEREAS, pursuant to Government Code Section 3502.3, the City of Industry City Council considered the status of vacancies, recruitment and retention efforts at the June 10, 2025 special meeting, prior to adopting the final budget. During Fiscal Year 2024-2025, there were three (3) vacant part-time positions, including Code Enforcement Officer I/II, Receptionist I/II, and Administrative Technician I/II. All of these positions were budgeted, to enable the addition of Staff, if needed. However, the City managed the workload during the fiscal year without needing to fill the positions and, therefore, the positions remained vacant. No policies, procedures, and recruitment activities lead to obstacles in the hiring process; therefore, no changes are necessary or recommended.

The City does not have any recognized employee organization or bargaining units, but all employees were entitled to make a presentation at the public hearing.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF INDUSTRY, CALIFORNIA, HEREBY FINDS, DETERMINES, AND RESOLVES AS FOLLOWS:

Section 1. The above recitals are true and correct and are incorporated herein by reference.

Section 2. Findings. The City Council hereby finds as follows:

A. The City Council is authorized under Government Code Section 36506 to establish salary ranges for City employees and appointed officers.

B. The City has followed all legal prerequisites prior to the adoption of this resolution.

Section 3. The City Council hereby rescinds Resolution No. CC 2024-35 in its entirety, and all prior salary range resolutions, effective July 1, 2025.

Section 4. The City Council hereby approves the City’s Salary Range Schedule for Fiscal Year 2025-2026, attached hereto as Exhibit A, and incorporated herein by reference. The Salary Schedule shall take effect July 1, 2025.

Section 5. The City’s Salary Range Schedule will be promptly made available for public review during normal business hours upon request and will also be posted on the City’s website. A copy of this Salary Range Schedule will be retained for at least five years following the effective date of this Resolution.

Section 6. The provisions of this Resolution are severable and if any provision, clause, sentence, word or part thereof is held illegal, invalid, unconstitutional, or inapplicable to any person or circumstances, such illegality, invalidity, unconstitutionality, or inapplicability shall not affect or impair any of the remaining provisions, clauses, sentences, sections, words or parts thereof of the Resolution or their applicability to other persons or circumstances.

Section 7. The City Clerk shall certify to the passage and adoption of this Resolution and that the same shall be in full force and effect.

PASSED, APPROVED AND ADOPTED by the City Council of the City of Industry at a special meeting held on June 10, 2025, by the following vote:

AYES: COUNCIL MEMBERS:

NOES: COUNCIL MEMBERS:

ABSTAIN: COUNCIL MEMBERS:

ABSENT: COUNCIL MEMBERS:
_______________________________
Cory C. Moss, Mayor
ATTEST:

______________________________
Julie Gutierrez-Robles, City Clerk

Exhibit A
Grade
Range # POSITION
Bottom Step Top Step
Exempt
Status
3 Administrative Technician I Annually $64,800.00 $86,400.00 NE Monthly $5,400.00 $7,200.00
5 Accounting Technician I Annually $72,100.00 $96,100.00 NE Administrative Technician II Monthly $6,008.33 $8,008.33 NE 6 Human Resources Technician I Annually $67,700.00 $90,300.00 NE Monthly $5,641.67 $7,525.00
7 Accounting Technician II Annually $73,800.00 $98,400.00 NE Administrative Technician III Monthly $6,150.00 $8,200.00 NE Human Resources Technician II NE
8 Accounting Technician III Annually $87,000.00 $115,000.00 NE Assistant to the City Manager Monthly $7,250.00 $9,583.33 NE 9 Accountant I Annually $89,500.00 $119,400.00 NE
Financial Analyst I Monthly $7,458.33 $9,950.00 NE
Human Resources Analyst I NE
Management Analyst I NE
10 Deputy City Clerk Annually $89,500.00 $119,400.00 NE Deputy City Treasurer Monthly $7,458.33 $9,950.00 NE

SALARY RANGE SCHEDULE

CITY OF INDUSTRY
FY 2025-2026
Date Effective: July 1, 2025

NON-MANAGEMENT CLASSIFICATIONS

SALARY RANGE

Grade
Range # POSITION
Bottom Step Top Step
Exempt
Status
11 Accountant II Annually $98,800.00 $131,700.00 E
Financial Analyst II Monthly $8,233.33 $10,975.00 E
Human Resources Analyst II E
Management Analyst II E
12 Accountant III Annually $109,600.00 $146,100.00 E
Financial Analyst III Monthly $9,133.33 $12,175.00 E
Human Resources Analyst III E
Management Analyst III E
Code Enforcement Supervisor E
13 Engineering Manager Annually $130,800.00 $155,600.00 E Assistant City Treasurer Monthly $10,900.00 $12,966.67 E Executive Assistant to the City Manager
14 Development and Administrative Services Manager Annually $145,800.00 $198,300.00 E Human Resources Manager Monthly $12,150.00 $16,525.00 E 15 City Clerk Annually $153,200.00 $205,600.00 E
Monthly $12,766.67 $17,133.33
16 City Engineer/Director of Public Works Annually $187,500.00 $230,400.00 E Monthly 15,625.00 $19,200.00
17 Assistant City Manager Annually $237,700.00 $298,000.00 E Assistant City Manager/Public Affairs Manager Monthly $19,808.33 $24,833.33 E City Treasurer E
Director of Finance E
18 City Manager - Contract Position Annually $292,500.00 $337,500.00 E Monthly $24,375.00 $28,125.00

MANAGEMENT CLASSIFICATIONS

SALARY RANGE

CITY OF INDUSTRY

SALARY RANGE SCHEDULE
FY 2025-2026
Date Effective: July 1, 2025

Grade
Range # POSITION
Bottom Step Top Step
Exempt
Status
PT-1 P/T Receptionist I Hourly $23.92 $31.90 N/A
PT-2 P/T Receptionist II Hourly $32.63 $43.51 N/A
PT-3 P/T Administrative Technician I Hourly $33.74 $44.99 N/A PT-4 P/T Administrative Technician II Hourly $37.53 $50.04 N/A PT-5 Code Enforcement Officer I Hourly $35.45 $47.27 N/A PT-6 Code Enforcement Officer II Hourly $43.39 $57.85 N/A PT-7 Public Safety Coordinator Hourly $43.39 $57.85 N/A PT-8 Public Safety Manager Hourly $90.14 $110.77 N/A
PT-9 Special Project Manager Hourly $90.14 $110.77 N/A

POSITION
Monthly Exempt
BC-1 City Council/Successor Agency/Industry Public
Finance Authority Stipend $2,872.43 E
BC-2 Industry Public Utilities Commission Stipend $355.80 E BC-3 Planning Commission Stipend $987.33 E
BC-4 Civic Recreational Industrial Authority Stipend $987.33 E BC-5 Industry Property and Housing Management
Authority
Stipend $870.35 E

SALARY RANGE

BOARDS AND COMMISSIONS

CITY OF INDUSTRY

SALARY RANGE SCHEDULE
FY 2025-2026
Date Effective: July 1, 2025

PART-TIME EMPLOYEES (HOURLY)

SALARY RANGE

ITEM NO. 6.8

MEMORANDUM
TO: Honorable Mayor and Members of the City Council
FROM: Joshua Nelson, City Manager
STAFF: Yamini Pathak, Finance Director
DATE: June 10, 2025
SUBJECT: Consideration of Resolution No CC 2025-20 - a Resolution of the City Council of the City of Industry, California, Authorizing the Creation of a City Operating Reserve Fund, Special Revenue Operating Reserve, Enterprise Fund Operating Reserve, and a City Capital Improvement Reserve Fund, and Authorizing Certain Appropriations to the Various Funds Background:

It is the City’s policy and best practice to annually reserve and appropriate funds in the current fund balances for the upcoming year’s expenditures. The amounts reserved and appropriated are based on the proposed budgeted expenditures for the upcoming Fiscal Year 2025-2026 (“FY 25-26”).

Discussion:

Based on the budgeted expenditures for the respective funds, below, the following are the reserved and appropriated amounts for FY 25-26 to be funded as of June 30, 2025 from any unexpended or unappropriated fund balances.

Fiscal Impact:

There is no fiscal impact as result of this action.

Recommendation:

Staff recommends the City Council adopt Resolution No. CC 2024-20, reserving and appropriating funds for the City for FY 25-26.

Exhibits:

1. COI City Resolution Reserves FY 2026 - FINAL

RESOLUTION NO. CC 2025-20

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF INDUSTRY, CALIFORNIA,

AUTHORIZING THE CREATION OF A CITY OPERATING RESERVE FUND, SPECIAL

REVENUE FUND OPERATING RESERVE, ENTERPRISE FUND OPERATING

RESERVE, AND A CITY CAPITAL IMPROVEMENT RESERVE FUND, AND

AUTHORIZING CERTAIN APPROPRIATIONS TO THE VARIOUS FUNDS WHEREAS, the City Council approved a 2025-26 Fiscal Year City Budget (“Budget”) providing for the expenditure of City revenues for specific purposes; and WHEREAS, said Budget and accounts therein and monies appropriated thereto may be adjusted between accounts as necessary to serve the needs of the City.

NOW, THERFORE, THE CITY COUNCIL OF THE CITY OF INDUSTRY, CALIFORNIA, DOES HEREBY FIND, DETERMINE, AND RESOLVE AS FOLLOWS:

SECTION 1. The above recitals are true and correct and are incorporated herein by reference.

SECTION 2. For FY 25-26, there is hereby established a General Fund Operating Reserve, and an appropriation in the amount of $61,988,000 is hereby authorized thereto to be funded as of June 30, 2025, from any unexpended or unappropriated General Fund balances on that date.

SECTION 3. For FY 25-26, there is hereby established a Special Revenue Fund Operating Reserve, and an appropriation in the amount of $6,718,000 is hereby authorized thereto to be funded as of June 30, 2025, from any unexpended or unappropriated Special Revenue balances on that date.

SECTION 4. For FY 25-26, there is hereby established an Enterprise Fund Operating Reserve, and an appropriation in the amount of $17,569,000 is hereby authorized thereto to be funded as of June 30, 2025, from any unexpended or unappropriated Enterprise Fund balances on that date.

SECTION 5. For FY 25-26, there is hereby established a City Capital Improvements Reserve Fund for various capital improvement projects and an appropriation in the amount of $53,610,000 is hereby authorized thereto to be funded as of June 30, 2025, from any unexpended or unappropriated General Fund balance on that date.

SECTION 6. The provisions of this Resolution are severable and if any provision, clause, sentence, word or part thereof is held illegal, invalid, unconstitutional, or inapplicable to any person or circumstances, such illegality, invalidity, unconstitutionality, or inapplicability shall not affect or impair any of the remaining

provisions, clauses, sentences, sections, words or parts thereof of the Resolution or their applicability to other persons or circumstances.

SECTION 7. The City Clerk shall certify to the passage and adoption of this Resolution and that the same shall be in full force and effect.

PASSED, APPROVED AND ADOPTED by the City Council of the City of Industry at a special meeting held on June 10, 2025 by the following vote:

AYES: COUNCIL MEMBERS:

NOES: COUNCIL MEMBERS:

ABSTAIN: COUNCIL MEMBERS:

ABSENT: COUNCIL MEMBERS:
______________________________
Cory C. Moss, Mayor
ATTEST:
_____________________________________
Julie Gutierrez-Robles, City Clerk

ITEM NO. 6.9

MEMORANDUM
TO: Honorable Mayor and Members of the City Council
FROM: Joshua Nelson, City Manager
STAFF: Yamini Pathak, Finance Director
DATE: June 10, 2025
SUBJECT: Consideration of Resolution No. 2025-19 - A Resolution of the City Council of the City of Industry, California, Approving and Adopting the City’s Fiscal Year 2025-2026 Operating Budget and Fiscal Year 2025 – 2026 Capital Improvement Program Budget
Background:

The adoption of the budget is one of the most important matters the City undertakes each year, entailing a five-month process beginning in January/February, and culminating with the budget adoption in June. The City’s Budget is an extremely important document, as it represents the City’s financial operating plan and is a transparency vehicle to summarize the City’s key fiscal resources, top budget priorities for the fiscal year, and planned programming and service levels for our residents, businesses and surrounding communities.

Discussion:

The budget for fiscal year 2025-2026 adheres to the City’s financial policies. It is the City’s policy to have a zero-based budget. The current year’s budget reflects the use of the City’s reserves to help balance the budget. Over the years, the City has been fiscally conservative with the intention of building up its reserves in order to face the economic challenges that are currently affecting California’s economy. The City has approximately $920.2 million of estimated cash reserves to help face the effects of any slowdown and potential economic recession.

For certain expenditures, the FY 2025-2026 Budget proposed a 3.00 percent CPI increase over the estimated actual amounts for the FY 2024-2025. Certain revenue and expenditure amounts were also budgeted based upon known factors that would increase or decrease the amount different from the proposed 3.00 percent increase. Expenditures for all funds for the proposed FY 2025-2026 operating budget totaled approximately $169,860,000.

Below is a summary of all fund groups, including the transfers.

General Fund
The General Fund is the main operating fund of the City. Staff has budgeted total revenues of $84.4 million, expenditures of $62.0 million, and net transfers out of $31,3 million, which represents an approximate $8.8 million decrease in fund balance for FY 2025-2026. The $8.8 million decrease in fund balance will be funded by approximately $711.3 million of projected cash and investments that the City has on hand. The City is in the process of reviewing potential income-generating alternatives to help bridge the deficit in future years.

As business activities slow down within the City, the proposed FY 2025-2026 budget projects sales tax revenues with a five percent decrease over the prior year. Staff will continually monitor the development of the economy and will propose mid-year budget adjustments as needed.

The proposed budget has general fund expenditures with a two percent increase with the prior year’s amended budget, while the budgeted net transfers out has a 18 percent increase from the prior year’s amended budget amount. The FY 2025-2026 proposed net transfers out will be $31.3 million compared to $26.5 million as amended in the prior year.

Special Revenue Funds

The City anticipates receiving approximately $2.2 million in Special Revenue Funds during FY 2025-2026, as compared to $2.2 million in the prior year.

Enterprise Funds
The Enterprise Funds FY 2025-2026 proposed budget for the Civic Recreational-Industrial Authority, Industry Public Utilities Commission, and Industry Property and Housing Management Authority will be considered by their respective boards. Based on the Budget presented to the Council, the general fund will be funding the $3.6 million deficit of the Civic-RecreationalIndustrial Authority, and the $634,000 deficit of City of Industry Property and Housing Management Authority.

Capital Improvement Funds
The City has budgeted approximately $58.7 million in capital projects during FY 2025-2026.

See the Capital Projects Fund budget for a listing of the proposed projects. CIP expenditures of $47.7 million will be funded by the bond proceeds from the 2015 Sales Tax Bond and interest income earned on the remaining balance in cash and investments. $4.4 million will be paid with Measure W funds, $640,000 will be funded by Prop A funds, while the balance of $5.9 million will be covered by Industry Public Utilities Enterprise Funds.

Debt Service
In accordance with the bond documents, the City will have collected sufficient sales tax revenues by June 30, 2025, which have been and will be deposited with the bond trustee to pay for 100 percent of the debt service payments for sales tax bonds.

The City has budgeted a total of net transfers in of $27.1 million to pay for $26.4 million of bond principal and interest payments, fully covering the required payments.

Fiscal Impact:

The FY 2025-2026 general fund budget totals $62.0 million in expenditures, and $31.3 million in net transfers out will be supported by $84.4 million in revenues and $8.8 million from available reserves.

The FY 2025-2026 Proposed CIP Program-Budget is $58.7 million in total project costs that is supported by $6.7 million in revenues, $4.4 million will be paid for by Measure W funds, 640,000 will be funded by Prop A funds, $5.9 million will be covered by Industry Public Utilities Enterprise Funds, and the difference will be made available from the 2015 Sales Tax Revenue bond proceeds.

Recommendation:

Staff recommends the City Council adopt Resolution No. 2025-19, adopting the Operating Budget and Proposed CIP Budget for the City of Industry for Fiscal Year 2025-2026.

Exhibits:

1. COI CC Resolution FY 2026 Budget - FINAL

2. Proposed Budget Book - FINAL 06.03.2025

RESOLUTION NO. CC 2025-19

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF INDUSTRY, CALIFORNIA, APPROVING AND ADOPTING THE CITY’S FISCAL YEAR 2025-26 OPERATING BUDGET, AND FISCAL YEAR 2025-2026

CAPITAL IMPROVEMENT PROGRAM BUDGET
WHEREAS, the FY 2026-26 (“FY 2026”) Operating Budget for the City of Industry (“City”) was developed under the context of a “zero-based budget” policy approach, which aligns the budgets of the City’s planned operations and services for the fiscal year to projected “realistic” costs of providing those services to the community; and WHEREAS, the FY 2026 budget process was a collaborative, Citywide process in which all departments and affiliated entities were responsible for developing and submitting their budgets; and
WHEREAS, the FY 2026 Budget Process began in January 2025, during which time the Finance Department (“Finance”) developed the budget policy, budget calendar, and prepared and distributed all budget instructions, budget forms, and capital project request forms to all departments; and
WHEREAS, City Departments submitted their budget proposals and capital budget requests to Finance by April 2025, and Finance then reviewed all department budget requests, making recommendations as needed; and
WHEREAS, in May 2025, the Finance Director and the City Manager reviewed each budget request with respect to the City’s total budget and Citywide fiscal condition, and finalized the FY 2026 proposed Operating Budget; and WHEREAS, Finance, Engineering and the City Manager also reviewed all capital project budget requests and finalized the FY 2026 Proposed Capital Improvement Program (“CIP”) Budget; and
WHEREAS, on June 10, 2025, the City Council received a presentation on the FY 2026 proposed Operating Budget and FY 2026 proposed CIP Budget for the City and all affiliated entities; and
WHEREAS, the FY 2026 Budget is a balanced budget and reflects the City Council’s vision, commitment, and business plan as follows: operating the City in line with standard city business practices, governmental and fiscal transparency, and planning for the “now” and “future” in leading the City to continue to grow its presence as the economic and employment leader for the region.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF INDUSTRY, CALIFORNIA, DOES HEREBY FIND, DETERMINE, AND RESOLVE AS FOLLOWS:

Section 1. The above recitals are true and correct and are incorporated herein by reference.

Section 2. The FY 2026 Operating Budget totals $61,988,000 in expenditures, and $31,274,400 in net transfers out, and is supported by $84,453,000 in revenues and $8,809,400 in available reserves. The FY 2026 CIP Budget consists of $58,655,000 in total project costs that are supported by $6,714,000 in revenues. The City Council hereby adopts the FY 2026 Operating Budget and the FY 2026 CIP Budget, attached hereto as Exhibit A, and incorporated herein by reference.

Section 3. The provisions of this Resolution are severable and if any provision, clause, sentence, word or part thereof is held illegal, invalid, unconstitutional, or inapplicable to any person or circumstances, such illegality, invalidity, unconstitutionality, or inapplicability shall not affect or impair any of the remaining provisions, clauses, sentences, sections, words or parts thereof of the Resolution or their applicability to other persons or circumstances.

Section 4. The City Clerk shall certify to the passage and adoption of this Resolution and the same shall be in full force and effect.

PASSED, APPROVED AND ADOPTED by the City Council of the City of Industry, at a special meeting held on June 10, 2025, by the following vote:

AYES: COUNCIL MEMBERS:

NOES: COUNCIL MEMBERS:

ABSTAIN: COUNCIL MEMBERS:

ABSENT: COUNCIL MEMBERS:
_______________________________
Cory C. Moss, Mayor
ATTEST:
___________________________________
Julie Gutierrez-Robles, City Clerk

Fiscal Year 2025-2026 Proposed Operating Budget
City of Industry | June 10, 2025

ii
Mark D. Radecki
Council Member
Cory C. Moss
Mayor
Michael Greubel
Mayor Pro Tem
Newell W. Ruggles
Council Member
Steve Marcucci
Council Member
Elected or Appointed Officials – City of Industry City Council

FY 2025-26 Proposed Budget Sections Page # FY 2025-26 Proposed Budget Sections Page #

1. Table of Contents ii 14. Special Revenue Expenditures 452. City Manager Transmittal Letter 1 15. Fiduciary/Debt Service 513. City Facts 5 16. Industry Public Facilities Authority ("IPFA") 524. City Organizational Summary 7 17. Successor Agency to IUDA ("SA") 545. Cash/Fund Balance 8 18. Civic Recreational Industrial Authority ("CRIA") 576. Revenue Summary 10 19. Industry Public Utilities Commission ("IPUC") 617. Revenue Detail 11

20. Industry Property and Housing Management Authority ("IPHMA") 66

8. Transfers 16 21. CIP Program Summary ("CIPs") 68
`

9. Expenditures Summary 17 a. CIP Detail - City 69

10. Administrative Services 19 b. CIP Detail - CRIA 7311. Community Support & Regional Improvements 27 c. CIP Detail - IPUC Electric, Water 7412. Financial Services 30 d. CIP Detail - IPHMA 7513. Development Services 33

TABLE OF CONTENTS

ŝƚLJ DĂŶĂŐĞƌ͛Ɛ>ĞƚƚĞƌŽĨdƌĂŶƐŵŝƚƚĂů
&zϮϬϮϱͬϮϲWƌŽƉŽƐĞĚƵĚŐĞƚ ŝƚLJŽĨ/ŶĚƵƐƚƌLJ͕ĂůŝĨŽƌŶŝĂ :ƵŶĞϭϬ͕ϮϬϮϱ,ŽŶŽƌĂďůĞDĂLJŽƌDŽƐƐĂŶĚDĞŵďĞƌƐŽĨƚŚĞŝƚLJŽƵŶĐŝů͗dŚĞŝƚLJŽĨ/ŶĚƵƐƚƌLJ͛ƐƵĚŐĞƚŝƐƐŚĂƉĞĚŶŽƚŽŶůLJďLJŽƵƌŵŝƐƐŝŽŶ͕ŐŽĂůƐĂŶĚ ǀĂůƵĞƐ ďƵƚ ĂůƐŽ ďLJ ĞdžƚĞƌŶĂů ĞĐŽŶŽŵŝĐ ĨŽƌĐĞƐ ƚŚĂƚ ŝŵƉĂĐƚ ŽƵƌĨŝŶĂŶĐŝĂů ůĂŶĚƐĐĂƉĞ͘ &ĂĐƚŽƌƐ ƐƵĐŚ ĂƐ ŐůŽďĂů ŵĂƌŬĞƚ ƚƌĞŶĚƐ͕ ŝŶĨůĂƚŝŽŶƌĂƚĞƐ͕ ƌĞŐŝŽŶĂů ĞĐŽŶŽŵŝĐ ƐŚŝĨƚƐ͕ ĂŶĚ ƐƚĂƚĞ Žƌ ĨĞĚĞƌĂů ƉŽůŝĐŝĞƐ ƉůĂLJ ĂƐŝŐŶŝĨŝĐĂŶƚ ƌŽůĞ ŝŶ ŝŶĨůƵĞŶĐŝŶŐ ŽƵƌ ďƵĚŐĞƚ ĚĞĐŝƐŝŽŶƐ͘ LJ ĐĂƌĞĨƵůůLJĂŶĂůLJnjŝŶŐƚŚĞƐĞĞdžƚĞƌŶĂůĚLJŶĂŵŝĐƐ͕ǁĞĂŝŵƚŽŶĂǀŝŐĂƚĞĐŚĂůůĞŶŐĞƐ͕ƐĞŝnjĞŽƉƉŽƌƚƵŶŝƚŝĞƐ͕ ĂŶĚ ĂůůŽĐĂƚĞ ƌĞƐŽƵƌĐĞƐ ƌĞƐƉŽŶƐŝďůLJ ƚŽ ĞŶƐƵƌĞ ƚŚĂƚ ǁĞĐŽŶƚŝŶƵĞ ƚŽŵĞĞƚ ƚŚĞŶĞĞĚƐŽĨŽƵƌŵŝƐƐŝŽŶĂŶĚŐŽĂůƐǁŚŝůĞ ĨŽƐƚĞƌŝŶŐƌĞƐŝůŝĞŶĐĞĂŶĚŐƌŽǁƚŚ͘dŚĞƉƌŽũĞĐƚƐĂĐĐŽŵƉůŝƐŚĞĚŝŶ&zϮϰͲϮϱĂŶĚƉůĂŶŶĞĚƉƌŽũĞĐƚƐĨŽƌ&zϮϱͲϮϲ ŚŝŐŚůŝŐŚƚ ƚŚĞ ŽŶŐŽŝŶŐ ĞŵƉŚĂƐŝƐ ƚŚĂƚ ǁĞ ƉůĂĐĞ ŽŶ ŝŶĨƌĂƐƚƌƵĐƚƵƌĞŝŵƉƌŽǀĞŵĞŶƚƐ ƚŚĂƚ ƉƌŽŵŽƚĞ ƚŚĞ ŝƚLJ ŽĨ /ŶĚƵƐƚƌLJ ĂƐ Ă ƉůĂĐĞ ƚŚĂƚƉƌŽŵŽƚĞƐďƵƐŝŶĞƐƐĂŶĚŝŵƉƌŽǀĞƐ ƚŚĞ ƌĞŐŝŽŶĂůĞĐŽŶŽŵLJ͘/ŶĂĚĚŝƚŝŽŶ͕ƚŚĞƐĞƉƌŽũĞĐƚƐĂŝŵƚŽŝŵƉƌŽǀĞƚŚĞƋƵĂůŝƚLJŽĨůŝĨĞĨŽƌŽƵƌƌĞƐŝĚĞŶƚƐĂŶĚďƵƐŝŶĞƐƐĞƐ͘&zϮϰͲϮϱ,ŝŐŚůŝŐŚƚƐ x ŶŶƵĂůƐůƵƌƌLJƐĞĂůĂŶĚƌĞŚĂďŝůŝƚĂƚŝŽŶƉƌŽũĞĐƚƐŝƚLJǁŝĚĞ x >ŽŵŝƚĂƐ'ĞŶĞƌĂƚŽƌhƉŐƌĂĚĞĨŽƌ/WhtĂƚĞƌx ŝƚLJǁŝĚĞ^ŝŐŶZĞƉůĂĐĞŵĞŶƚƉƌŽũĞĐƚ x ZŝƉZĂƉWƌŽũĞĐƚĂƚƌŶŽůĚZĞƐĞƌǀŽŝƌ
x /ŶƚĞůůŝŐĞŶƚdƌĂŶƐƉŽƌƚĂƚŝŽŶ^LJƐƚĞŵDĂƐƚĞƌWůĂŶx ^ƚƌĞĞƚ>ŝŐŚƚZĞŵŽƚĞDŽŶŝƚŽƌŝŶŐƉƌŽŐƌĂŵ x ŝƚLJǁŝĚĞdƌĂĨĨŝĐ^ŝŐŶĂů^ĂĨĞƚLJ>ŝŐŚƚƐhƉŐƌĂĚĞx WĂǀĞŵĞŶƚDĂŶĂŐĞŵĞŶƚWůĂŶƵƉĚĂƚĞ x dƌĂŶƐŝƚŝŽŶWůĂŶhƉĚĂƚĞ
x ZĞĐŽŐŶŝnjŝŶŐƚŚĞƐĂĐƌŝĨŝĐĞŽĨŽƵƌǀĞƚĞƌĂŶƐƚŚƌŽƵŐŚƚŚĞƐƵƉƉŽƌƚ ŽĨƚŚĞŶŶƵĂů>ĂŶĚŽĨƚŚĞ&ƌĞĞsĞƚĞƌĂŶ͛ƐĂLJĞǀĞŶƚ
x WƌŽǀŝĚŝŶŐ ƚƌĂŝŶŝŶŐ ƚŽ ůĂǁ ĞŶĨŽƌĐĞŵĞŶƚ ĨŽƌ ĂƵƚŝƐŵ ĐŽŵŵƵŶŝĐĂƚŝŽŶĂŶĚĚĞͲĞƐĐĂůĂƚŝŽŶƚĂĐƚŝĐƐ
x WƌŽǀŝĚŝŶŐĂƐƐŝƐƚĂŶĐĞĨŽƌĨŽŽĚďĂŶŬĚŝƐƚƌŝďƵƚŝŽŶx ƐƐŝƐƚŝŶŐ ǁŝƚŚ ĞƐƚĂďůŝƐŚŵĞŶƚ ŽĨ ƚŚĞ WƌŝĐĞůĞƐƐ WĞƚƐ ĂŶŝŵĂů ƌĞƐĐƵĞ ĐĞŶƚĞƌ ƚŽ ƉƌŽǀŝĚĞ ĂĚŽƉƚŝŽŶ ƐĞƌǀŝĐĞƐ ĂŶĚ ǀŽůƵŶƚĞĞƌŽƉƉŽƌƚƵŶŝƚŝĞƐĨŽƌ^ĂŶ'ĂďƌŝĞůsĂůůĞLJƌĞƐŝĚĞŶƚƐ͘ x ^ĞƌǀŝŶŐ^ĂŶ'ĂďƌŝĞůsĂůůĞLJLJŽƵƚŚĂŶĚĂĚƵůƚƐƚŚƌŽƵŐŚĂƚƌŝƐŬŽƌ ƐƉĞĐŝĂůŶĞĞĚƐƉƌŽŐƌĂŵƐ͕ĂŶĚƚŚŽƐĞƐƚƌƵŐŐůŝŶŐǁŝƚŚĞŵŽƚŝŽŶĂůĂŶĚͬŽƌŵĞŶƚĂůĐŚĂůůĞŶŐĞƐ͕ĂŶĚŽƚŚĞƌĨĂŵŝůLJƐĞƌǀŝĐĞƐ͕ƚŚƌŽƵŐŚƚŚĞ /ŶĚƵƐƚƌLJ ^ŚĞƌŝĨĨ͛Ɛ ^ƚĂƚŝŽŶ zŽƵƚŚ ĐƚŝǀŝƚŝĞƐ >ĞĂŐƵĞ͕ĞůŚĂǀĞŶŽŵŵƵŶŝƚLJĞŶƚĞƌ͕ĂŶĚŽƚŚĞƌĂŐĞŶĐŝĞƐ x tŽƌŬŝŶŐǁŝƚŚƚŚĞWƵƌŝƐƚ'ƌŽƵƉĂŶĚ/ŶĚƵƐƚƌLJ,ŝůů
džƉŽĞŶƚĞƌ
ƚŽ ƉƌŽǀŝĚĞ ŐŝĨƚƐ ƚŽ ĨĂŵŝůLJ ĂŶĚ ĐŚŝůĚƌĞŶ ŝŶ ŶĞĞĚ ĚƵƌŝŶŐ ƚŚĞŚŽůŝĚĂLJƐĞĂƐŽŶ &zϮϱͲϮϲ,ŝŐŚůŝŐŚƚƐ
x ^ŽůĂƌWĂŶĞů/ŶƐƚĂůůĂƚŝŽŶĂƚƚŚĞƌŽŽĨƐŽĨŝƚLJ,Ăůů͕/ƵŝůĚŝŶŐ ĂŶĚƚŚĞWŽƐƚKĨĨŝĐĞƵŝůĚŝŶŐŽŶŐŽŝŶŐ
x sĂƌŝŽƵƐ ĞůĞĐƚƌŝĐ ŝŵƉƌŽǀĞŵĞŶƚƐ ĨŽƌ ƚŚĞ ŝƚLJͲŽǁŶĞĚ ĞůĞĐƚƌŝĐ ƵƚŝůŝƚLJ͕ ŝŶĐůƵĚŝŶŐ ƚŚĞ ƵƚŽŵĂƚŝĐDĞƚĞƌ ZĞĂĚŝŶŐ ƉƌŽũĞĐƚ ĂŶĚĞůĞĐƚƌŝĐ ƐĞƌǀŝĐĞ ŝŵƉƌŽǀĞŵĞŶƚƐ Ăƚ ƚŚĞ /ŶĚƵƐƚƌLJ ƵƐŝŶĞƐƐĞŶƚĞƌ x 'ƌĂŶĚ ǀĞŶƵĞ ZĞĐŽŶƐƚƌƵĐƚŝŽŶ ĨƌŽŵ &ĞƌƌĞƌŽ WĂƌŬǁĂLJ ƚŽ ĂŬĞƌWĂƌŬǁĂLJ
x ŝƚLJǁŝĚĞƵƐ^ƚŽƉhƉŐƌĂĚĞƐ
x dĞŵƉůĞǀĞŶƵĞ/ŵƉƌŽǀĞŵĞŶƚƐ
1

ŝƚLJDĂŶĂŐĞƌ͛Ɛ>ĞƚƚĞƌŽĨdƌĂŶƐŵŝƚƚĂů
&zϮϬϮϱͬϮϲWƌŽƉŽƐĞĚƵĚŐĞƚ ŝƚLJŽĨ/ŶĚƵƐƚƌLJ͕ĂůŝĨŽƌŶŝĂ x ^ƚƌĞĞƚůŝŐŚƚ /ŶƐƚĂůůĂƚŝŽŶ ŽŶ WƌŽĐƚŽƌ ǀĞŶƵĞ ĨƌŽŵ sĂůůĞLJ ƚŽ dƵƌŶďƵůůĂŶĚEĞǁƋƵŝƐƚ
x ,ŽŵĞƐƚĞĂĚDƵƐĞƵŵ/ƌƌŝŐĂƚŝŽŶZĞƚƌŽĨŝƚWƌŽũĞĐƚWŚĂƐĞϮx ůĞĐƚƌŝĐsĞŚŝĐůĞĐŚĂƌŐŝŶŐƐƚĂƚŝŽŶƐĂƚŝƚLJ,Ăůů͕/ƵŝůĚŝŶŐĂŶĚ ƚŚĞWŽƐƚKĨĨŝĐĞƵŝůĚŝŶŐŽŶŐŽŝŶŐ
x EĞůƐŽŶǀĞŶƵĞŝŶƚĞƌƐĞĐƚŝŽŶŝŵƉƌŽǀĞŵĞŶƚƐĂƚ^ƵŶƐĞƚǀĞŶƵĞ ĂŶĚWƵĞŶƚĞǀĞŶƵĞŽŶŐŽŝŶŐ
x ŶŶƵĂůƐůƵƌƌLJƐĞĂůĂŶĚƌĞŚĂďŝůŝƚĂƚŝŽŶƉƌŽũĞĐƚƐŝƚLJǁŝĚĞ x KŶŐŽŝŶŐ
džƉŽ ĞŶƚĞƌ WƌŽũĞĐƚƐ ŝŶĐůƵĚŝŶŐ ƚŚĞ 'ƌĂŶĚ ƌĞŶĂ
ƵĚŝŽͲsŝƐƵĂů ƵƉŐƌĂĚĞƐ͕ ĨŝƌĞ ĂůĂƌŵ ƐLJƐƚĞŵ͕ ĂŶĚ WĂǀŝůŝŽŶ ƵŝůĚŝŶŐhƉŐƌĂĚĞƐ
x ĂƚĐŚĂƐŝŶZĞƚƌŽĨŝƚƐWŚĂƐĞ///
x ^ĂŶ:ŽƐĞǀĞŶƵĞZĞĐŽŶƐƚƌƵĐƚŝŽŶx <ĞůůĂǀĞŶƵĞ^ƚŽƌŵƌĂŝŶΘWĂǀĞŵĞŶƚZĞŚĂďŝůŝƚĂƚŝŽŶx ŽƵŶĐŝůŚĂŵďĞƌƐ/ŵƉƌŽǀĞŵĞŶƚƐΘ/dƌĂŝŶŝŶŐZŽŽŵ x ZĞƉůĂĐĞŵĞŶƚŽĨ^ƚĞĞůtĂƚĞƌůŝŶĞƌŽƐƐŝŶŐŽǀĞƌƌĞĂƌĞĞŬ x ,ŽƵƐŝŶŐƌŽŽĨƌĞƉůĂĐĞŵĞŶƚƉƌŽũĞĐƚ
tŝƚŚ ƚŚĞ ƉƌŽũĞĐƚƐ ĂŶĚ ƐĞƌǀŝĐĞƐ ůŝƐƚĞĚ ĂďŽǀĞ ĂŶĚ ƉůĂŶŶĞĚ ĨŽƌ ƚŚĞ ƵƉĐŽŵŝŶŐĨŝƐĐĂůLJĞĂƌ͕ƚŚĞ&zϮϬϮϱͲϮϬϮϲWƌŽƉŽƐĞĚKƉĞƌĂƚŝŶŐƵĚŐĞƚŚĂƐďĞĞŶƉƌĞƉĂƌĞĚƚŽĞŶƐƵƌĞƚŚĞŝƚLJŽĨ/ŶĚƵƐƚƌLJƌĞŵĂŝŶƐĨŝƐĐĂůůLJƐŽƵŶĚ͘ KǀĞƌǀŝĞǁŽĨƚŚĞ&zϮϬϮϱͲϮϬϮϲWƌŽƉŽƐĞĚKƉĞƌĂƚŝŶŐƵĚŐĞƚdŚĞ &z Ϯϲ WƌŽƉŽƐĞĚ ƵĚŐĞƚ ǁĂƐ ĚĞǀĞůŽƉĞĚ ďĂƐĞĚ ŽŶ ƉƌŽũĞĐƚĞĚ Žƌ͞ƌĞĂůŝƐƚŝĐ͟ ĐŽƐƚƐ ŽĨ ƉƌŽǀŝĚŝŶŐ ƐĞƌǀŝĐĞƐ ƚŽ ŽƵƌ ĐŽŵŵƵŶŝƚLJ͘ dŚĞ ƵĚŐĞƚWƌŽĐĞƐƐŝƐĂĐŽůůĂďŽƌĂƚŝǀĞƉƌŽĐĞƐƐŝŶǁŚŝĐŚĂůůĚĞƉĂƌƚŵĞŶƚƐĐŽŶƚƌŝďƵƚĞƚŽĚĞǀĞůŽƉŝŶŐĂŶĚďƵŝůĚŝŶŐƚŚĞŝƌďƵĚŐĞƚƐ͘dŚĞďƵĚŐĞƚƉƌŽĐĞƐƐƵƐƵĂůůLJĐŽŶƐŝƐƚƐ ŽĨ Ă ĨŽƵƌͲŵŽŶƚŚ ƉƌŽĐĞƐƐ͕ ďĞŐŝŶŶŝŶŐ ŝŶ :ĂŶƵĂƌLJ ŽĨ ĞĂĐŚ LJĞĂƌƵŶƚŝůďƵĚŐĞƚĂĚŽƉƚŝŽŶŝŶDĂLJŽƌ:ƵŶĞ͘ dŚĞ &z ϮϬϮϱ WƌŽƉŽƐĞĚ ŝƚLJǁŝĚĞ ƵĚŐĞƚ ;ĞdžĐůƵĚŝŶŐ ƚŚĞ /W WƌŽŐƌĂŵ ƵĚŐĞƚͿƚŽƚĂůƐΨϭϭϭ͘ϬŵŝůůŝŽŶĂŶĚŝƐƐƵƉƉŽƌƚĞĚďLJΨϭϬϯ͘ϲŵŝůůŝŽŶŝŶƚŽƚĂů ƌĞǀĞŶƵĞƐ ĂĐƌŽƐƐ Ăůů ŝƚLJ ĨƵŶĚƐ͘  dŚĞ ƉƌŽũĞĐƚĞĚ ŝƚLJǁŝĚĞ ŽƉĞƌĂƚŝŶŐƐŚŽƌƚĨĂůůǁŝůů ďĞ ƐƵƉƉŽƌƚĞĚ ďLJĂǀĂŝůĂďůĞ ƌĞƐĞƌǀĞƐĂŶĚ ďŽŶĚ ƉƌŽĐĞĞĚƐ͘dŚĞ WƌŽƉŽƐĞĚ 'ĞŶĞƌĂů &ƵŶĚ ͞KƉĞƌĂƚŝŶŐ͟ ƵĚŐĞƚ ƚŽƚĂůƐ ΨϲϮ͘ϬŵŝůůŝŽŶĂŶĚŝƐƐƵƉƉŽƌƚĞĚďLJΨϴϰ͘ϱŵŝůůŝŽŶŝŶƌĞǀĞŶƵĞƐ͘tŚĞŶĐŝƚŝĞƐƌĞĨĞƌƚŽŝƚƐ ͞KƉĞƌĂƚŝŶŐ ƵĚŐĞƚ͕͟ ƚŚĞLJ ĂƌĞ ƌĞĨĞƌƌŝŶŐ ƚŽ ƚŚĞ 'ĞŶĞƌĂů &ƵŶĚ͕ ǁŚŝĐŚ ƐĞƌǀĞƐ ĂƐ ƚŚĞ ƉƌŝŵĂƌLJ ďƵĚŐĞƚ ĨŽƌ ĐŽƌĞ ŽƉĞƌĂƚŝŽŶƐ ĂŶĚ ƚƌĂĚŝƚŝŽŶĂůŵƵŶŝĐŝƉĂůƐĞƌǀŝĐĞƐƉƌŽǀŝĚĞĚƚŽŽƵƌƌĞƐŝĚĞŶƚƐĂŶĚďƵƐŝŶĞƐƐĐŽŵŵƵŶŝƚLJ͘Ŷ ŽǀĞƌǀŝĞǁ ŽĨ ƚŚĞ ŝƚLJ͛Ɛ WƌŽƉŽƐĞĚ ŝƚLJǁŝĚĞ ƵĚŐĞƚ͕ 'ĞŶĞƌĂů &ƵŶĚ ƵĚŐĞƚ͕ĂŶĚŽƚŚĞƌŬĞLJĨƵŶĚƐĂƌĞƉƌĞƐĞŶƚĞĚďĞůŽǁ͘/Ŷ ĂĚĚŝƚŝŽŶ͕ ǁŝƚŚ ƚŚŝƐ ƉƌŽƉŽƐĞĚ ďƵĚŐĞƚ͕ ƚŚĞ ŝƚLJ ĐŽŶƚŝŶƵĞƐ ƚŽ ŝŶǀĞƐƚ ŚĞĂǀŝůLJŝŶƚŽŝƚƐĐĂƉŝƚĂůŝŶĨƌĂƐƚƌƵĐƚƵƌĞĂŶĚƌĞŐŝŽŶĂůŝŵƉƌŽǀĞŵĞŶƚƐŝŶƚŚĞ ŐƌĞĂƚĞƌ ^ĂŶ 'ĂďƌŝĞů sĂůůĞLJ ƌĞŐŝŽŶ͘ dŚĞ &z ϮϬϮϱͲϮϬϮϲ WƌŽƉŽƐĞĚ /W ƵĚŐĞƚƚŽƚĂůƐĂďŽƵƚΨϱϴ͘ϴŵŝůůŝŽŶ͘dŚĞ/WƵĚŐĞƚŝƐƐƵƉƉŽƌƚĞĚďLJƚŚĞ 'ĞŶĞƌĂů &ƵŶĚ ĂƐ ǁĞůů ĂƐ ƉƌŽĐĞĞĚƐ ĨƌŽŵ ƚŚĞ ϮϬϭϱ ^ĂůĞƐ dĂdž ZĞǀĞŶƵĞďŽŶĚŝƐƐƵĞŽĨΨϮϱϬŵŝůůŝŽŶ͕ĂŶĚŽƚŚĞƌŐƌĂŶƚĨƵŶĚŝŶŐ͕ƐƵĐŚĂƐDĞƚƌŽĂůů ĨŽƌWƌŽũĞĐƚƐ͕DĞĂƐƵƌĞƐD͕ZĂŶĚt͕ĂŶĚWƌŽƉŽƐŝƚŝŽŶƐĂŶĚ͕ƚŽŶĂŵĞĂĨĞǁ͘ƐƐƵĐŚ͕ƐŽŵĞŽĨƚŚĞŵĂũŽƌƉƌŽũĞĐƚƐƉůĂŶŶĞĚĨŽƌ&zϮϬϮϱͲϮϬϮϲ ŝŶĐůƵĚĞ͗
x ^ƚƌĞĞƚtŝĚĞŶŝŶŐ͕ZĞĐŽŶƐƚƌƵĐƚŝŽŶ͕ZĞƐƵƌĨĂĐŝŶŐĂŶĚ^ůƵƌƌLJ^ĞĂůʹ dŚĞŝƚLJĐŽŶƚŝŶƵĞƐƚŽŝŶǀĞƐƚŝŶŝŵƉƌŽǀŝŶŐƚŚĞƐƚƌĞĞƚƐĂŶĚƉƌŽƉŽƐĞƐ ĂďƵĚŐĞƚŽĨŽǀĞƌΨϮϮŵŝůůŝŽŶŝŶ&zϮϬϮϲ͕ŝŶĐůƵĚŝŶŐ'ƌĂŶĚǀĞŶƵĞ^ůŽƉĞ ZĞĐŽŶƐƚƌƵĐƚŝŽŶ ĂŶĚ WĂǀĞŵĞŶƚ ZĞŚĂďŝůŝƚĂƚŝŽŶ ĨŽƌ ΨϮ͘ϯŵŝůůŝŽŶ͕ dĞŵƉůĞ ǀĞŶƵĞ /ŵƉƌŽǀĞŵĞŶƚƐ ĨŽƌ ΨϮ ŵŝůůŝŽŶ͕ ĂŶŶƵĂů ƉĂǀĞŵĞŶƚƌĞŚĂďŝůŝƚĂƚŝŽŶΘƐůƵƌƌLJƐĞĂůƉƌŽũĞĐƚƐĨŽƌΨϳŵŝůůŝŽŶ͕ĂŶĚ ^ĂŶ:ŽƐĞǀĞŶƵĞZĞĐŽŶƐƚƌƵĐƚŝŽŶĨŽƌΨϱ͘ϴϱŵŝůůŝŽŶ͘
x dƌĂĨĨŝĐ ^ŝŐŶĂů /ŵƉƌŽǀĞŵĞŶƚƐ Ͳ dŚĞ ŝƚLJ ǁŝůů ďĞ ǁŽƌŬŝŶŐ ŽŶ ŝŵƉƌŽǀŝŶŐ ƚŚĞ ŽƉĞƌĂƚŝŽŶƐĂŶĚ ĂƐƐŽĐŝĂƚĞĚ ǁŽƌŬǁŝƚŚĂ ƉƌŽƉŽƐĞĚďƵĚŐĞƚ ŽĨ Ψϰ͘Ϭϱ ŵŝůůŝŽŶ͕ ŝŶĐůƵĚŝŶŐ ƚŚĞ ŽŶŐŽŝŶŐ ŵĂũŽƌŝŵƉƌŽǀĞŵĞŶƚƐŽŶƚŚĞEĞůƐŽŶǀĞŶƵĞ/ŶƚĞƌƐĞĐƚŝŽŶ/ŵƉƌŽǀĞŵĞŶƚƐĂƚWƵĞŶƚĞǀĞŶƵĞĂŶĚ^ƵŶƐĞƚǀĞŶƵĞĨŽƌΨϰŵŝůůŝŽŶ͘ 2

ŝƚLJ DĂŶĂŐĞƌ͛Ɛ>ĞƚƚĞƌŽĨdƌĂŶƐŵŝƚƚĂů
&zϮϬϮϱͬϮϲWƌŽƉŽƐĞĚƵĚŐĞƚ ŝƚLJŽĨ/ŶĚƵƐƚƌLJ͕ĂůŝĨŽƌŶŝĂ x /Whʹ
ůĞĐƚƌŝĐ/ŵƉƌŽǀĞŵĞŶƚƐʹdŚĞŝŵƉƌŽǀĞŵĞŶƚƐŽĨƚŚĞĞůĞĐƚƌŝĐ ƵƚŝůŝƚLJŝŶĨƌĂƐƚƌƵĐƚƵƌĞŝƐĐƌŝƚŝĐĂůĂŶĚŝŶ&zϮϬϮϲ͕ƚŚĞƉƌŽƉŽƐĞĚďƵĚŐĞƚ ŝŶĐůƵĚĞƐ Ψϰ͘Ϭϳ ŵŝůůŝŽŶ ĨŽƌ ĚĞƐŝŐŶ ĂŶĚ ĐŽŶƐƚƌƵĐƚŝŽŶ ŽĨ ƐĞǀĞƌĂůĞůĞĐƚƌŝĐŝŵƉƌŽǀĞŵĞŶƚƐ͕ŝŶĐůƵĚŝŶŐƉůĂŶŶŝŶŐĞůĞĐƚƌŝĐĂůŝŶĨƌĂƐƚƌƵĐƚƵƌĞŝŵƉƌŽǀĞŵĞŶƚƐĂƚWƵĞŶƚĞ,ŝůůƐDĂůůĂŶĚ/ŶĚƵƐƚƌLJ,ŝůůƐ͘ x /Wh ʹ tĂƚĞƌ /ŵƉƌŽǀĞŵĞŶƚƐ ʹ dŚĞ ŝƚLJ ŝƐ ĐŽŵŵŝƚƚĞĚ ƚŽ ƚŚĞ ŝŵƉƌŽǀĞŵĞŶƚŽĨƚŚĞǁĂƚĞƌƐLJƐƚĞŵŝŶĨƌĂƐƚƌƵĐƚƵƌĞĂŶĚŝŶ&zϮϬϮϲ͕ ƚŚĞ ƉƌŽƉŽƐĞĚ ďƵĚŐĞƚ ŝŶĐůƵĚĞƐ Ψϭ͘ϳϵϱ ŵŝůůŝŽŶ ŝŶ ǁĂƚĞƌ ŝŵƉƌŽǀĞŵĞŶƚƐ͕ŝŶĐůƵĚŝŶŐΨϭŵŝůůŝŽŶĨŽƌƚŚĞǁĂƚĞƌůŝŶĞƌĞƉůĂĐĞŵĞŶƚ ƉƌŽũĞĐƚŝŶĐŽŶũƵŶĐƚŝŽŶǁŝƚŚƚŚĞdƵƌŶďƵůůĂŶLJŽŶ'ƌĂĚĞ^ĞƉĂƌĂƚŝŽŶƉƌŽũĞĐƚ͕ ĂŶĚ ĨƵŶĚƐ ĨŽƌ ƚŚĞ WƌŽĐƚŽƌ zĂƌĚ ƵŝůĚŝŶŐ ŝŵƉƌŽǀĞŵĞŶƚƐĂŶĚ^ŝĞƐƚĂǀĞŶƵĞǁĂƚĞƌůŝŶĞŝŵƉƌŽǀĞŵĞŶƚƐ͘ x
džƉŽ ĞŶƚĞƌ &ĂĐŝůŝƚLJ/ŵƉƌŽǀĞŵĞŶƚƐʹ dŚĞ ŝƚLJ ŚĂƐ ĚĞǀĞůŽƉĞĚĂ ŵĂƐƚĞƌ ƉůĂŶ ƚŽ ĂĚĚƌĞƐƐ ůŽŶŐͲƚĞƌŵ ĚĞĨĞƌƌĞĚ ŵĂŝŶƚĞŶĂŶĐĞ ĂŶĚĐĂƉŝƚĂů ŝŵƉƌŽǀĞŵĞŶƚƐ Ăƚ ƚŚĞ džƉŽ ĞŶƚĞƌ͘ Ɛ ƐƵĐŚ͕ ƚŚĞ
džƉŽĞŶƚĞƌŝŵƉƌŽǀĞŵĞŶƚƐĂƌĞĂŶŝŵƉŽƌƚĂŶƚ ƉĂƌƚŽĨ ƚŚĞ&z ϮϬϮϲ /WƵĚŐĞƚ͕ ĂŶĚ ƚŚĞ ŝƚLJ ŝƐ ĂůůŽĐĂƚŝŶŐ Ψϴ͘ϴϱϱ ŵŝůůŝŽŶ ƚŽ ĐŽŶƚŝŶƵŽƵƐ ĨĂĐŝůŝƚLJ ŝŵƉƌŽǀĞŵĞŶƚƐ Ăƚ ƚŚĞ
džƉŽ ĞŶƚĞƌ͘ /Ŷ &z ϮϬϮϲ͕ ƉůĂŶŶĞĚƵƉŐƌĂĚĞƐ ŝŶĐůƵĚĞ Ψϭ͘Ϯ ŵŝůůŝŽŶ ŽĨ ƚŚĞ ĨŝƌĞ ĂůĂƌŵ ƐLJƐƚĞŵ ĂŶĚ /d ŝŶĨƌĂƐƚƌƵĐƚƵƌĞ͕ΨϱŵŝůůŝŽŶĨŽƌƚŚĞWĂǀŝůŝŽŶƵŝůĚŝŶŐhƉŐƌĂĚĞƐ͕ĂŶĚ Ψϭ͘ϱŵŝůůŝŽŶ ĨŽƌ ƚŚĞ ƵƉŐƌĂĚĞƐ ƚŽ ƚŚĞ ĂƵĚŝŽͲǀŝƐƵĂů ƐLJƐƚĞŵ Ăƚ ƚŚĞ'ƌĂŶĚƌĞŶĂ͘ x &ĂĐŝůŝƚŝĞƐ ĂŶĚ ŝǀŝĐ ĞŶƚĞƌ /ŵƉƌŽǀĞŵĞŶƚ ʹ dŚĞ ŝƚLJ ŵĂŬĞƐ ĐŽŶƚŝŶƵŽƵƐ ŝŵƉƌŽǀĞŵĞŶƚ ƚŽ ŝƚLJ ĨĂĐŝůŝƚŝĞƐ ƚŽ ďĞƚƚĞƌ ƐĞƌǀĞ ŽƵƌĐŽŵŵƵŶŝƚŝĞƐ͘dŚĞ ŝƚLJ ƉƌŽƉŽƐĞƐĂ ďƵĚŐĞƚŽĨΨϲ͘ϮϰŵŝůůŝŽŶŝŶ&z ϮϬϮϲ͕ ŝŶĐůƵĚŝŶŐ Ψϭ͘ϲ ŵŝůůŝŽŶ ĨŽƌ ƚŚĞ ƵŶĚĞƌŐƌŽƵŶĚŝŶŐ ŽĨ ^ 
ŽǀĞƌŚĞĂĚƉŽǁĞƌůŝŶĞƐĂƚĞůsĂůůĞĂŶĚ,ŝůů^ƚƌĞĞƚ͕ΨϲϬϬ͕ϬϬϬĨŽƌ/ ƚƌĂŝŶŝŶŐƌŽŽŵĂŶĚĐŽƵŶĐŝůĐŚĂŵďĞƌƐŝŵƉƌŽǀĞŵĞŶƚƐ͕Ψϭ͘ϱŵŝůůŝŽŶĨŽƌƚŚĞŽŶŐŽŝŶŐŶĞǁƌŽŽĨƐŽůĂƌƉĂŶĞůƐĂƚŝƚLJ,Ăůůͬ/ͬWŽƐƚŽĨĨŝĐĞ ďƵŝůĚŝŶŐƐƉƌŽũĞĐƚ͕ŽǀĞƌΨϲϬϬ͕ϬϬϬŝŶƵƉŐƌĂĚĞƐŝƚLJǁŝĚĞ͕ĂŶĚ ΨϭϱϬ͕ϬϬϬĨŽƌƚŚĞ
sŚĂƌŐŝŶŐ^ƚĂƚŝŽŶƐĂƚŝƚLJ,Ăůů͘
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4

City Facts – Industry at a Glance
IncorporationJune 18, 1957 Form of GovernmentCity of Industry is Charter City operating under the CouncilManager form of government. Population264 (2020 – U.S Census) Area 12 square miles Location
City of Industry is located in the East San Gabriel Valley (part of Los Angeles County), 22 miles from Downtown Los Angeles, 40 miles from Los Angeles International Airport (LAX), 45 miles to the Ports of Los Angles and Long Beach, 30 miles to the nearest beach and 25 miles to the San Bernardino Mountains.

Located within the core of a 40 mile radius, encompassing Los Angeles, Orange County and the Inland Empire, City of Industry enjoys numerous resources for transportation, providing excellent support for firms located within the City.

City of Industry is bordered by four major freeways. The Pomona Freeway (60) intersects the Long Beach (710), San Gabriel River (605) and Orange (57) Freeways, providing direct access to Orange County markets. The San Bernardino (10) Freeway borders the City on the north.

Zoning Zoning in the City is 92% industrial and 8% commercial. All businesses, including professions, stores, trades, services and any other occupation are required to obtain a use permit to conduct business in the City of Industry.Building permits must be obtained for all new construction, renovation and improvements. City of Industry does not charge for building permits, but there is a fee charged by Los Angeles County, Building and Safety Department. Public safetyCity of Industry contracts with the L.A. County Sheriff’s Department, L.A. County Fire Department, & L.A. County Animal Control Services.EducationThe following school districts, universities and colleges are located in the City’s larger regional area. 5

Elementary/Intermediate Universities/Colleges
Rowland Unified School District Cal Poly of PomonaHacienda La Puente Unified School District Azusa PacificUniversity
Bassett Unified School District Claremont CollegesWest Covina Unified School District University of La VerneUniversity of Phoenix
High School Mt. San Antonio CollegeRowland Unified School District Rio Hondo CollegeHacienda La Puente Unified School District Citrus College
Bassett Unified School DistrictBishop Amat Memorial High School Utilities
City of Industry contracts with the following districts and companies for utilities it provides to its residents:
x La Puente Valley Water District – City of Industry’s
Waterworks System for Potable Water
x Rowland Water District – Recycled Water
x Valley Vista Services – Refuse & Waste Disposal
x Southern CA Edison – Electric
x Industry Public Utilities Commission (IPUC) – City
Electric
x Southern CA Gas Company - Gas
Attractions and AmenitiesThe following amenities and community attractions are available to City’s residents, business community, patrons, and general community at-large:
x Pacific Palms Hotel and Resort x Expo Center at Industry Hills x Workman Homestead and Temple x Museum x Pacific Palms Golf Coursex Puente Hills Mall x Puente Hills Auto Mall TransportationThe following public transportation services are available in the City of Industry and its surrounding communities:
x Industry MetroLink Station –
https://metrolinktrains.com/
x Foothill Transit –
http://foothilltransit.org/
x LA Metro –
https://www.metro.net
x Amtrak Fullerton Station –
https://www.amtrak.com/
x LAX & Ontario International Airports
6

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Cash and Investment Balances
City of Industry | FY 2025/26 Proposed Budget

PROJECTED CASH

AND INVESTMENT

BALANCE
JUNE 30, 2025

REVENUES
2025-2026

EXPENDITURES
2025-2026

TRANSFER IN FROM

OTHER FUNDS

TRANSFER OUT TO

OTHER FUNDS

PROJECTED CASH

BALANCE
JUNE 30, 2026

GENERAL FUND
100 OPERATIONS $ 84,453,000 608,211,400 $ (61,988,000) $ 8,561,000 $ (39,835,400) $ 599,402,000 $ $ 84,453,000 608,211,400 $ (61,988,000) $ 8,561,000 $ (39,835,400) $ 599,402,000 $

SPECIAL REVENUES
101 STATE GAS TAX $ 34,000 - $ (34,000) $ - $ - $ - $
102 MEASURE R 7,000 - (7,000) - - -
103 PROP A 111,000 1,667,000 (808,000) - - 970,000
104 PROP C 10,000 9,700 (10,000) - - 9,700
106 MEASURE M 8,000 - (8,000) - - -
107 MEASURE W 1,688,000 2,968,100 (4,410,000) - - 246,100165 CARB - ELECTRIC 354,000 1,110,300 (1,441,000) - - 23,300 $ 2,212,000 5,755,100 $ (6,718,000) $ - $ - $ 1,249,100 $

ENTERPRISE FUND
160 INDUSTRY PROPERTY HOUSING AUTH $ 369,000 - $ (1,003,000) $ 1,434,000 $ (800,000) $ - $ 161 CITY ELECTRIC 8,544,000 7,211,600 (7,035,000) - (4,070,000) 4,650,600 360 CIVIC RECREATIONAL INDUSTRIAL AUTH 5,000 604,600 (2,715,000) 12,429,400 (9,764,000) 560,000 361 EXPO CENTER 1,817,000 - (2,726,000) 909,000 - -
560 INDUSTRY PUBLIC UTILITIES COMMISSION 1,391,000 3,492,600 (1,353,000) - (1,795,000) 1,735,600561 INDUSTRY PUBLIC UTILITIES COMMISSION 3,018,000 961,600 (2,737,000) - - 1,242,600 $ 15,144,000 12,270,400 $ (17,569,000) $ 14,772,400 $ (16,429,000) $ 8,188,800 $

CAPITAL IMPROVEMENTS FUNDS
120 CITY WIDE CAPITAL IMPROVEMENTS $ 6,714,000 71,325,900 $ (38,090,000) $ - $ (9,655,000) $ 30,294,900 $ 121 CRIA CAPITAL IMPROVEMENT - - (8,855,000) 8,855,000 - - 122 ELECTRIC CAPITAL IMRPOVEMENT - - (4,070,000) 4,070,000 - - 123 WATER CAPITAL IMPROVEMENT - - (1,795,000) 1,795,000 - - 124 IPHMA CAPITAL IMPROVEMENT - - (800,000) 800,000 - - $ 6,714,000 71,325,900 $ (53,610,000) $ 15,520,000 $ (9,655,000) $ 30,294,900 $

DEBT SERVICE
135 TAX OVERRIDE $ - 2,200 $ - $ - $ - $ 2,200 $
140 CITY OF INDUSTRY - 66,946,100 (26,439,000) 35,619,000 (8,561,000) 67,565,100 440 INDUSTRY PUBLIC FACILITIES AUTHORITY 3,528,000 - (3,536,000) 8,000 - - $ 3,528,000 66,948,300 $ (29,975,000) $ 35,627,000 $ (8,561,000) $ 67,567,300 $ PROJECTED ENDING CASH AND INVESTMENT BALANCE $ 112,051,000 764,511,100 $ (169,860,000) $ 74,480,400 $ (74,480,400) $ 706,702,100 $

CITY OF INDUSTRY

PROJECTED CASH AND INVESTMENT BALANCES
FISCAL YEAR 2025-2026
8

PROJECTED FUND

BALANCE
JUNE 30, 2025

REVENUES
2025-2026

EXPENDITURES
2025-2026

TRANSFER IN FROM

OTHER FUNDS

TRANSFER OUT TO
OTHER
FUNDS

PROJECTED

SURPLUS/
(DEFICIT)

PROJECTED FUND

BALANCE
JUNE 30, 2026
.

GENERAL FUND
100 OPERATIONS 84,453,000 711,285,400 (61,988,000) 8,561,000 (39,835,400) (8,809,400) 702,476,000 $ 84,453,000 711,285,400 $ (61,988,000) $ 8,561,000 $ (39,835,400) $ (8,809,400) $ 702,476,000 $

SPECIAL REVENUES
101 STATE GAS TAX $ 34,000 7,300 $ (34,000) $ - $ - $ - $ 7,300 $ 102 MEASURE R 7,000 300 (7,000) - - - 300
103 PROP A 111,000 1,689,900 (808,000) - - (697,000) 992,900 104 PROP C 10,000 9,700 (10,000) - - - 9,700
106 MEASURE M 8,000 - (8,000) - - - -
107 MEASURE W 1,688,000 2,968,100 (4,410,000) - - (2,722,000) 246,100 165 CARB - ELECTRIC 354,000 1,110,300 (1,441,000) - - (1,087,000) 23,300 $ 2,212,000 5,785,600 $ (6,718,000) $ - $ - $ (4,506,000) $ 1,279,600 $

ENTERPRISE FUND
160 INDUSTRY PROPERTY HOUSING AUTH $ 369,000 9,969,800 $ (1,003,000) $ 1,434,000 $ (800,000) $ - $ 9,969,800 $ 161 CITY ELECTRIC 8,544,000 32,956,400 (7,035,000) - (4,070,000) (2,561,000) 30,395,400 360 CIVIC RECREATIONAL INDUSTRIAL AUTH 5,000 48,700 (2,715,000) 12,429,400 (9,764,000) (44,600) 4,100 361 EXPO CENTER 1,817,000 16,080,000 (2,726,000) 909,000 - - 16,080,000 560 INDUSTRY PUBLIC UTILITIES COMMISSION 1,391,000 7,706,800 (1,353,000) - (1,795,000) (1,757,000) 5,949,800 561 INDUSTRY PUBLIC UTILITIES COMMISSION 3,018,000 2,261,700 (2,737,000) - - 281,000 2,542,700 $ 15,144,000 69,023,400 $ (17,569,000) $ 14,772,400 $ (16,429,000) $ (4,081,600) $ 64,941,800 $

CAPITAL IMPROVEMENTS FUNDS
120 CITY CAPITAL IMPROVEMENT $ 6,714,000 72,981,900 $ (38,090,000) $ - $ (9,655,000) $ (41,031,000) $ 31,950,900 $ 121 CRIA CAPITAL IMPROVEMENT - 100 (8,855,000) 8,855,000 - - 100 122 ELECTRIC CAPITAL IMPROVEMENT - - (4,070,000) 4,070,000 - - - 123 WATER CAPITAL IMPROVEMENT - 35,900 (1,795,000) 1,795,000 - - 35,900 124 IPHMA CAPITAL IMPROVEMENT - - (800,000) 800,000 - - - $ 6,714,000 72,981,900 $ (53,610,000) $ 15,520,000 $ (9,655,000) $ (41,031,000) $ 31,950,900 $

DEBT SERVICE
135 TAX OVERRIDE $ - 2,200 $ - $ - $ - $ - $ 2,200 $
140 CITY OF INDUSTRY - 70,014,200 (26,439,000) 35,619,000 (8,561,000) 619,000 70,633,200 440 INDUSTRY PUBLIC FACILITIES AUTHORITY 3,528,000 (8,887,200) (3,536,000) 8,000 - - (8,887,200) $ 3,528,000 61,129,200 $ (29,975,000) $ 35,627,000 $ (8,561,000) $ 619,000 $ 61,748,200 $ PROJECTED ENDING FUND BALANCE $ 112,051,000 920,205,500 $ (169,860,000) $ 74,480,400 $ (74,480,400) $ (57,809,000) $ 862,396,500 $

CITY OF INDUSTRY

PROJECTED FUND BALANCES
FISCAL YEAR 2025-2026
9

Revenue Summaries
City of Industry | FY 2025/26 Proposed Budget

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
REVENUE SUMMARY BY FUND 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

GENERAL FUND
LOCAL TAXES $ 51,485,000 51,635,000 $ 51,543,143 $ 50,754,000 $ 48,786,000 $ 23,935,028 $ 49,446,000 $ LICENSES & PERMITS 2,389,000 2,379,000 2,018,344 2,523,000 2,523,000 1,400,049 2,225,000 FINES & FORFEITURES 296,000 291,000 331,964 354,000 354,000 166,430 293,000 INTEREST INCOME 20,637,000 12,546,000 28,445,100 21,166,000 26,166,000 19,532,816 26,395,000 OTHER REVENUES 6,028,000 7,628,000 6,957,955 6,489,000 6,557,000 2,851,406 5,844,000 METROLINK STATION 350,000 350,000 242,096 210,000 300,000 176,923 250,000 TOTAL GENERAL FUND $ 74,829,000 $ 81,185,000 $ 89,538,601 $ 81,496,000 $ 84,686,000 $ 48,062,651 $ 84,453,000 Chec - - - - - - -

SPECIAL REVENUE FUNDS
GAS TAX FUND - 101 $ 26,000 26,000 $ 25,609 $ 28,000 $ 28,000 $ 19,736 $ 34,000 $ MEASURE R FUND -102 8,000 8,000 7,223 8,000 8,000 4,704 7,000 PROP A FUND - 103 2,348,300 15,000 2,404,358 31,000 113,000 76,713 111,000 PROP C FUND - 104 11,000 11,000 9,634 11,000 11,000 6,273 10,000 MEASURE M FUND - 106 9,000 9,000 8,156 9,000 9,000 5,332 8,000 MEASURE W FUND - 107 1,622,000 1,622,000 1,660,896 1,655,000 1,655,000 56,455 1,688,000 CARB - 165 475,000 256,000 483,074 489,000 489,000 380,577 354,000 TOTAL SPECIAL REVENUES $ 1,947,000 $ 4,499,300 $ 4,598,951 $ 2,231,000 $ 2,313,000 $ 549,789 $ 2,212,000

ENTERPRISE FUNDS
IPHMA - 160 $ 308,000 308,000 $ 451,979 $ 363,000 $ 363,000 $ 224,229 $ 369,000 $ IPUC ELECTRICITY - 161 6,626,000 5,576,000 12,108,399 6,531,000 6,531,000 4,657,486 8,544,000 CRIA - 360 3,000 3,000 3,581 4,000 4,000 3,118 5,000
CRIA - EXPO CENTER - 361 1,571,800 1,215,800 1,835,957 1,754,400 1,711,100 1,176,855 1,817,000 IPUC - RECLAIMED WATER - 560 1,413,000 1,213,000 1,829,016 1,245,300 1,245,300 1,010,095 1,391,000IPUC - PORTABLE WATER - 561 2,426,600 2,369,100 2,640,829 2,649,800 2,795,500 1,889,678 3,018,000 TOTAL ENTERPRISE FUNDS $ 10,684,900 $ 12,348,400 $ 18,869,761 $ 12,547,500 $ 12,649,900 $ 8,961,461 $ 15,144,000

CAPITAL IMPROVEMENTS FUND
CITY CAPITAL IMPROVEMENTS - 120 $ 11,761,000 8,661,000 $ 8,087,049 $ 7,224,000 $ 7,224,000 $ 3,234,182 $ 6,714,000 $ CRIA CAPITAL IMPROVEMENT- 121 - - - - - - -
ELECTRIC CAPITAL IMPROVEMENT - 122 - - - - - - -
WATER CAPITAL IMPROVEMENT - 123 - - - - - - -
IPHMA CAPITAL IMPROVEMENT - 124 - - - - - - -
TOTAL CAPITAL IMPROVEMENTS $ 8,661,000 $ 11,761,000 $ 8,087,049 $ 7,224,000 $ 7,224,000 $ 3,234,182 $ 6,714,000

DEBT SERVICE FUNDS
DEBT SERVICE PROPERTY TAX OVERRIDE - 135 $ - - $ (205) $ - $ - $ - $ - $ CITY DEBT SERVICE - 140 2,000,000 - 2,314,164 - 2,000,000 1,627,860 - IPFA - 440 4,093,000 4,093,000 3,657,212 3,562,000 3,562,000 1,498,768 3,528,000 TOTAL DEBT SERVICE FUND $ 4,093,000 $ 6,093,000 $ 5,971,171 $ 3,562,000 $ 5,562,000 $ 3,126,627 $ 3,528,000 TOTAL CITY FINANCIAL RESOURCES 100,214,900 $ 115,886,700 $ 127,065,532 $ 107,060,500 $ 112,434,900 $ 63,934,711 $ 112,051,000 $ 10

Revenue Detail
City of Industry | FY 2025/26 Proposed Budget

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

GENERAL FUNDLOCAL TAXES
4010 SALES AND USE TAX $ 39,087,000 $ 39,087,000 $ 36,043,516 $ 36,968,000 $ 35,000,000 $ 17,783,302 $ 35,619,000 4020 PSAF 8,000 8,000 10,649 12,000 12,000 6,911 12,000 4021 COPS 232,000 232,000 186,159 242,000 242,000 194,663 200,000 4022 FRANCHISES 2,800,000 2,800,000 3,871,059 2,800,000 2,800,000 593,318 2,800,000 4023 DOCUMENTARY TRANSFER TAX 344,000 494,000 317,116 358,000 358,000 144,103 358,000 4024 TRANSIENT OCCUPANCY TAX 635,000 635,000 785,707 661,000 661,000 370,563 661,000 4025.01 PROPERTY TAX - SECURED & UNSECURED 2,327,000 2,327,000 1,532,312 2,220,000 2,220,000 1,221,246 2,220,000 4025.02 PROPERTY TAX - PRIOR YEARS (47,000) (47,000) 36,432 (49,000) (49,000) 21,504 34,000 4025.03 PROP TAX - SUPPLEMENTAL ROLL PRIOR YEAR - - 126,366 - - (346) - 4025.05 OTHER PROPERTY TAXES - - - - - (1,520) -
4025.06 PROPERTY TAX - INTEREST, PENALTIES AND DELINQUENT TAXES 33,000 33,000 43,394 35,000 35,000 23,280 35,000 4025.07 PROP TAX - HOMEOWNER PROP TAX RELIEF 6,000 6,000 8,183 7,000 7,000 3,982 7,000 4025.08 PROP TAX - CO LIGHTNING MAIN. DIST. NO 10049 - - - - - - - 4027.02 PROPERTY TAX- PASS THROUGH 6,060,000 6,060,000 8,582,251 7,500,000 7,500,000 3,574,021 7,500,000 LOCAL TAXES TOTAL $ 51,485,000 51,635,000 $ 51,543,143 $ 50,754,000 $ 48,786,000 $ 23,935,028 $ 49,446,000 $

LICENSES & PERMITS
4029 MOTOR VEHICLE IN-LIEU TAX $ 1,000 $ 1,000 $ 533 1000 1000 $ 679 $ 2,000 4110 SALVAGE FEES & LICENSES 139,000 139,000 174,570 159,000 159,000 92,077 159,000 4120 BUILDING PERMITS 2,009,000 2,009,000 1,576,363 2,059,000 2,059,000 1,108,894 1,714,000 4120.01 MECHANICAL PERMITS 29,000 29,000 23,357 30,000 30,000 13,453 30,000 4120.02 PLUMBING PERMITS 19,000 19,000 13,564 20,000 20,000 11,244 20,000 4120.03 ELECTRICAL PERMITS 72,000 72,000 72,849 75,000 75,000 63,374 98,000 4120.04 STATE GREEN BUILDING FEE 1,000 1,000 61 2,000 2,000 (2,463) 2,000 4120.05 STATE STRONG MOTION FEE 7,000 7,000 (1,916) 12,000 12,000 6,054 12,000 4120.06 SEWER PERMITS 1,000 1,000 - - - - -
4122 MISCELLANEOUS FEES 20,000 10,000 29,941 33,000 33,000 34,476 54,000 4125 BUILDING PERMIT INSPECTION FEE 3,000 3,000 - - - - - 4130 INSPECTIONS, FEES & PLANS 19,000 19,000 21,716 24,000 24,000 16,538 26,000 4130.01 EXEMPTION FEES (1,000) (1,000) - - - - -4140.01 REFUSE COLLECTION REVENUE - - - - - - - 4140.02 MISCELLANEOUS REFUSE FEES - - - - - - -
4140.03 REFUSE BAD DEBT EXPENSE - - - - - - -
4150 MOTOR VEHICLE LICENSES 70,000 70,000 107,306 108,000 108,000 55,723 108,000 LICENSES & PERMITS TOTAL $ 2,389,000 2,379,000 $ 2,018,344 $ 2,523,000 $ 2,523,000 $ 1,400,049 $ 2,225,000 $

FINES & FORFEITURES
4200 FINES AND FORFEITURES $ 135,000 $ 135,000 $ 159,447 $ 163,000 $ 163,000 $ 74,420 $ 130,000 4201 PARKING CITATION FINES 135,000 135,000 162,694 164,000 164,000 84,510 146,000 4202 VEHICLE IMPOUND/STORAGE F 18,000 18,000 4,400 19,000 19,000 5,000 10,000 4203 CODE VIOLATION CITATIONS 2,000 2,000 2,500 3,000 3,000 2,500 4,000 4204 BIN IMPOUND FEES 6,000 1,000 2,923 5,000 5,000 - 3,000 FINES & FORFEITURES TOTAL $ 296,000 291,000 $ 331,964 $ 354,000 $ 354,000 $ 166,430 $ 293,000 $

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET

REVENUE SUMMARY BY FUND
11

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET

REVENUE SUMMARY BY FUND

INTEREST INCOME
4300.01 BANK INTEREST INCOME $ - $ - $ - $ - - $ $ - $ - 4300.02 INTEREST INCOME 1,540,000 941,000 3,558,800 1,600,000 2,600,000 1,830,808 2,829,000 4300.03 INTEREST INCOME- WELLS CAPITAL 15,500,000 8,008,000 22,287,381 16,000,000 20,000,000 14,821,496 20,000,000 4300.04 GAIN/LOSS INVESTMENT VALUE - - 265 - - 1,095,743 - 4305 INTERFUND INTEREST INCOME 3,593,000 3,593,000 3,569,930 3,562,000 3,562,000 1,780,880 3,562,000 4300.06 INVESTMENT EARNINGS - CEPPT - CALPERS - - 651,858 - - - - 4321.01 INCREASE/DECREASE IN FMV OF INVESTMENT - WELLS CAPITAL - - (1,627,185) - - - - 4330 LOAN INTEREST INCOME 4,000 4,000 4,051 4,000 4,000 3,889 4,000 INTEREST INCOME TOTAL $ 20,637,000 12,546,000 $ 28,445,100 $ 21,166,000 $ 26,166,000 $ 19,532,816 $ 26,395,000 $

OTHER REVENUES
4340 RENTAL INCOME $ 3,917,000 $ 3,917,000 $ 3,694,740 $ 3,921,000 3,921,000 $ $ 2,108,823 $ 3,845,000 4341 HOMESTEAD MUSEUM INCOME 14,000 14,000 14,026 15,000 15,000 13,536 19,000 4355 OTHER INCOME 366,000 366,000 488,764 380,000 380,000 20,652 150,000 4360 LEASE REV- 2010 REFUND BOND - - - - - - -
4413 CORONAVIRUS RELIF FUND PAYMENT - - - 68,000 - 68,180 - 4415 OPEB - REIMBURSEMENT 611,000 611,000 629,978 656,000 656,000 722,251 700,000 4425 REIMBURSEMENTS 2,020,000 420,000 1,421,136 420,000 420,000 (90,750) - 4427 REIMBURSEMENTS FROM SA - - - - - - -
4428 IPUC - SALARY REIMBURSEMENT - - - 906,000 906,000 - 934,000 4430 REFUNDS 27,000 27,000 15,268 21,000 21,000 8,713 21,000 4432 SA IUDA ADMIN ALLOCATION 523,000 523,000 522,408 14,000 14,000 - 14,000 4500 PROPERTY SALES - - - - - - -
4600 FUEL SALES 150,000 150,000 171,634 156,000 156,000 - 161,000 OTHER REVENUES TOTAL $ 6,028,000 7,628,000 $ 6,957,955 $ 6,489,000 $ 6,557,000 $ 2,851,406 $ 5,844,000 $

METROLINK STATION
5000 SOLAR PROJECT ENERGY SALES $ 350,000 $ 350,000 $ 242,096 $ 300,000 210,000 $ $ 176,923 $ 250,000 TOTAL GENERAL FUND $ 81,185,000 74,829,000 $ 89,538,601 $ 81,496,000 $ 84,686,000 $ 48,062,651 $ 84,453,000 $

SPECIAL REVENUE FUNDSGAS TAX FUND
4401 GAS TAX-2106 $ 7,000 $ 7,000 $ 6,283 $ 8,000 8,000 $ $ 4,784 $ 8,000 4402 GAS TAX-2107 4,000 4,000 3,522 4,000 4,000 2,712 5,000 4403 GAS TAX-2107.5 1,000 1,000 1,000 1,000 1,000 1,000 2,000 4404 GAS TAX-2103 4,000 4,000 3,908 5,000 5,000 3,288 6,000 4418 RMRA SECTION 2032 10,000 10,000 10,897 10,000 10,000 7,952 13,000 GAS TAX TOTAL $ 26,000 $ 26,000 $ 25,609 $ 28,000 $ 28,000 $ 19,736 $ 34,000

MEASURE R TAXES
4405 MEASURE R TAXES $ 8,000 $ 8,000 $ 7,223 $ 8,000 8,000 $ $ 4,704 $ 7,000 MEASURE R TOTAL $ 8,000 $ 8,000 $ 7,223 $ 8,000 $ 8,000 $ 4,704 $ 7,000

PROP A TAXES
4300.01 BANK INTEREST INCOME $ 1,000 $ 1,000 $ - $ - - $ $ - $ - 4300.02 INVESTMENT INTEREST INCOME 1,000 1,000 59,411 18,000 100,000 69,151 100,000 4406 PROP A TAXES 13,000 13,000 11,614 13,000 13,000 7,562 11,000 4411 PROP A (EXCHANGE) - 2,333,300 2,333,333 00 - -
PROP A TOTAL $ 15,000 $ 2,348,300 $ 2,404,358 $ 31,000 $ 113,000 $ 76,713 $ 111,000 12

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET

REVENUE SUMMARY BY FUND

PROP C TAXES
4407 PROP C TAXES $ 11,000 $ 11,000 $ 9,634 $ 11,000 11,000 $ $ 6,273 $ 10,000 PROP C TOTAL $ 11,000 $ 11,000 $ 9,634 $ 11,000 $ 11,000 $ 6,273 $ 10,000

MEASURE M
4412 MEASURE M TAXES $ 9,000 9,000 $ 8,156 $ 9,000 $ 9,000 $ 5,332 $ $ 8,000 MEASURE M TOTAL $ 9,000 $ 9,000 $ 8,156 $ 9,000 $ 9,000 $ 5,332 $ 8,000

MEASURE W
4300.02 INVESTMENT INTEREST INCOME $ 22,000 22,000 $ 51,596 $ 55,000 $ 55,000 $ 56,455 $ $ 88,000 4419 MEASURE W TAXES 1,600,000 1,600,000 1,609,301 1,600,000 1,600,000 - 1,600,000 MEASURE W TOTAL $ 1,622,000 $ 1,622,000 $ 1,660,896 $ 1,655,000 $ 1,655,000 $ 56,455 $ 1,688,000 CARB
4300.02 INVESTMENT INTEREST INCOME $ 35,000 6,000 $ 43,411 $ 49,000 $ 49,000 $ 26,376 $ $ 37,000 4414 CARB FUND 440,000 250,000 439,663 440,000 440,000 354,201 317,000 CARB FUND TOTAL $ 256,000 $ 475,000 $ 483,074 $ 489,000 $ 489,000 $ 380,577 $ 354,000 TOTAL SPECIAL REVENUE FUNDS 4,499,300 1,947,000 4,598,951 2,231,000 2,313,000 549,789 2,212,000

ENTERPRISE FUNDSIPHMA
4300.02 INVESTMENT INTEREST INCOME $ 1,000 $ 1,000 $ 140 $ 1,000 1,000 $ $ 121 $ 1,000 431 INTEREST INCOME - LEASES - - 10,777 - - - -
4340 RENTAL INCOME 306,000 306,000 327,166 345,000 345,000 223,447 366,000 4355 OTHER INCOME 1,000 1,000 113,896 17,000 17,000 661 2,000 IPMHA TOTAL $ 308,000 $ 308,000 $ 451,979 $ 363,000 $ 363,000 $ 224,229 $ 369,000

IPUC -ELECTRICITY
4103.01 ELECTRICITY SALE - LARGE COMMERCIAL $ 4,158,000 4,158,000 $ 3,564,046 $ 3,822,000 $ 3,822,000 $ 2,580,447 $ $ 4,660,000 4103.02 ELECTRICITY SALES - LARGE GENERAL SERVICES 1,155,000 1,155,000 1,496,136 1,453,000 1,453,000 999,164 1,740,000 4103.03 ELECTRICITY SALES - SMALL COMMERCIAL 97,000 97,000 156,387 148,000 148,000 108,434 185,000 4103.04 ELECTRICITY SALES - RESIDENTIAL 17,000 17,000 17,656 17,000 17,000 10,870 17,000 4103.05 ELECTRIC SALES BAD DEBT - - - - - - -
4103.06 ELECTRIC - ENERGY SETTLEMENT 800,000 - 759,350 693,000 693,000 662,315 1,542,000 4104 ELECTRIC METER REVENUE - - - - - - -
4300.02 INVESTMENT INTEREST INCOME 398,000 148,000 420,214 398,000 398,000 295,155 400,000 4355 OTHER INCOME 1,000 1,000 5,694,611 - - 1,102 -
IPUC - ELECTRIC TOTAL $ 5,576,000 $ 6,626,000 $ 12,108,399 $ 6,531,000 $ 6,531,000 $ 4,657,486 $ 8,544,000 CRIA
4300.02 INVESTMENT INTEREST INCOME $ 2,000 2,000 $ 3,581 $ 4,000 $ 4,000 $ 3,114 $ $ 5,000 4300.02 INVESTMENT INTEREST 1,000 1,000 - - - 4 -
CRIA TOTAL $ 3,000 $ 3,000 $ 3,581 $ 4,000 $ 4,000 $ 3,118 $ 5,000

EXPO SPEEDWAY
8142 BAR SALES $ 60,700 $ - $ - $ - - $ - $ - $
8156 VENDOR FEE 2,100 - - - - - -8157 PARKING FEES 20,900 - - - - - - EXPO SPEEWAY TOTAL $ 83,700 $ - $ - $ - $ - $ - $ -
13

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET

REVENUE SUMMARY BY FUND

EXPO BANQUET
4440 MISCELLANEOUS INCOME $ - $ - $ 3,779 $ 900 400 $ 11,880 $ 6,000 $ 8141 BANQUET RENTALS 123,500 136,600 265,471 212,800 238,000 203,038 243,000 8142 BAR SALES 103,400 127,700 235,979 181,900 219,100 154,935 224,000 8164 SECURITY REVENUE 26,900 29,000 43,000 50,789 46,600 33,683 59,000 8165 CONCESSION SALES 900 900 1,300 1,534 1,600 1,247 2,000 8168 EQUIPMENT RENTAL - BANQUET 400 400 1,300 3,490 2,800 6,509 10,000 8189 BANQUET TULIP INS 3,900 7,900 7,300 9,500 8,500 6,465 11,000 EXPO BANQUET TOTAL $ 296,400 $ 265,100 $ 570,542 $ 448,000 $ 517,500 $ 417,756 $ 555,000

EXPO GRAND ARENA
4444 MISCELLANEOUS ARENA INCOME $ 22,900 - $ 19,394 $ 20,800 $ 20,000 $ 9,580 $ $ 12,000 8035 SHOW BARN STALL RENTAL 65,900 75,100 79,100 64,585 51,400 29,885 58,000 8042 LIGHTING 7,100 16,600 19,000 23,089 21,700 17,413 30,000 8044 AUDIO/VIDEO TECH SUPPORT 1,000 - - - 5,000 5,000 5,000 8045 RV PARKING 12,800 43,600 57,600 55,210 66,200 58,252 68,000 8046 GROUND PREP FEE - - 2,600 2,000 1,300 - 2,000
8142 BAR SALES 329,800 453,400 502,600 467,122 382,600 221,319 391,000 8151 ARENA RENTALS 181,000 194,400 182,600 180,878 182,900 128,500 187,000 8153 SHAVINGS SALES 6,000 6,000 5,400 3,963 6,800 4,123 5,000 8155 CLEAN UP & TEAR DOWN FEES 7,000 29,500 32,200 36,958 39,700 26,838 49,000 8156 VENDOR FEE 26,900 57,700 45,600 43,205 46,300 24,916 42,000 8157 PARKING FEES 135,200 298,900 261,200 254,561 262,300 160,538 277,000 8158 OUTDOOR ARENA 2,800 9,600 4,200 4,000 8,000 5,900 7,000 8164 SECURITY REVENUE 42,500 84,900 77,900 87,758 82,800 56,545 106,000 8165 CONCESSION SALES 7,300 - 200 - 100 - -8168 EQUIPMENT RENTAL - BANQUET 9,300 14,000 12,000 12,742 14,600 9,045 15,000 8225 STAND BY OUTSIDE SERVICE FOR ARENA - - 2,200 9,246 1,100 - 7,000 EXPO GRAND ARENA TOTAL $ 834,600 $ 1,306,600 $ 1,264,709 $ 1,305,200 $ 1,192,800 $ 757,854 $ 1,261,000

EXPO ADMINISTRATIVE ACCOUNT
4440 MISCELLANEOUS INCOME $ 100 1,100 $ 706 $ 1,200 $ 800 $ 1,245 $ $ 1,000 EXPO ADMINISTRATIVE TOTAL $ 1,100 $ 100 $ 706 $ 1,200 $ 800 $ 1,245 $ 1,000 TOTAL EXPO CENTER $ 1,215,800 $ 1,571,800 $ 1,835,957 $ 1,754,400 $ 1,711,100 $ 1,176,855 $ 1,817,000

IPUC - RECLAIMED WATER
4115 RECLAIMED WATER SALES $ 914,000 $ 914,000 $ 1,211,043 $ 784,000 784,000 $ 629,888 $ 866,000 $ 44116 RECLAIMED WATER SYSTEMS - CIP 221,000 221,000 175,000 152,958 175,000 142,051 196,000 4300.02 INVESTMENT INTEREST INCOME 78,000 278,000 278,000 280,220 278,000 235,518 324,000 4355 OTHER INCOME - - 8,300 184,795 8,300 5,000 2,637
IPUC - RECLAIMED WATER TOTAL $ 1,213,000 $ 1,413,000 $ 1,829,016 $ 1,245,300 $ 1,245,300 $ 1,010,095 $ 1,391,000

IPUC - PORTABLE WATER
4000 WATER SALE $ 1,322,500 $ 1,380,000 $ 1,483,964 $ 1,643,300 1,497,600 $ 1,163,005 $ 1,749,000 $ 4001 SERVICE CHARGES 750,700 750,700 837,800 832,021 837,800 523,021 922,000 4002 CUSTOMER CHARGES 43,000 43,000 40,300 55,435 40,300 31,194 40,000 4003 FIRE SERVICES DC CHARGES 170,600 170,600 179,600 182,255 179,600 123,083 206,000 4440 MISCELLANEOUS INCOME 82,300 82,300 94,500 87,155 94,500 49,374 101,000 IPUC - PORTABLE WATER TOTAL $ 2,369,100 $ 2,426,600 $ 2,640,829 $ 2,649,800 $ 2,795,500 $ 1,889,678 $ 3,018,000 TOTAL ENTERPRISE FUNDS $ 12,348,400 10,684,900 $ 18,869,761 $ 12,547,500 $ 12,649,900 $ 8,961,461 $ 15,144,000 $ 14

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET

REVENUE SUMMARY BY FUND

CAPITAL IMPROVEMENTS FUNDCITY CAPITAL IMPROVEMENTS
4028 PROPERTY TAX DEBT $ - $ - $ - $ - - $ - $ - $
4028.02 PROPERTY TAX OVERRIDE REVENUES PROJ #1 - - - - - - - 4028.03 PROPERTY TAX OVERRIDE REVENUES PROJ #2 - - - - - - - 4028.04 PROPERTY TAX OVERRIDE REVENUES PROJ #3 - - - - - - - 4300.02 INVESTMENT INTEREST INCOME 131,000 1,431,000 1,427,277 1,431,000 1,431,000 1,249,783 1,500,000 4300-03 US BANK INTEREST INCOME 2,313,000 4,113,000 4,142,669 4,113,000 4,113,000 1,984,399 3,500,0004300-04 GAIN/LOSS - - 87 - - - - 4355 OTHER INCOME - - - - - - -
4408 PROP C - PROJECT GRAND FUNDS (MTA) 2,487,000 2,487,000 1,117,132 672,000 672,000 - 1,714,000 4409 REIMBURSEMENT - - - - - - -
4427 REIMBURSEMENT FROM SA IUDA 3,730,000 3,730,000 1,399,884 1,008,000 1,008,000 - - TOTAL CAPITAL IMPROVEMENTS FUND $ 8,661,000 $ 11,761,000 $ 8,087,049 $ 7,224,000 $ 7,224,000 $ 3,234,182 $ 6,714,000

DEBT SERVICE FUNDSDEBT SERVICE PROPERTY TAX OVERRIDE
4300.02 INTEREST INCOME $ - $ - $ - $ - - $ - $ - $
4028.02 PROPERTY TAX OVERRIDE REVENUES PROJECT 1 - - (205) - - - - 4028.03 PROPERTY TAX OVERRIDE REVENUES PROJECT 2 - - - - - - -4028.04 PROPERTY TAX OVERRIDE REVENUES PROJECT 3 - - - - - - - TAX OVERRIDE TOTAL $ - $ - $ (205) $ - $ - $ - $ -

CITY DEBT SERVICE
4038.10 PROPERTY TAX REVENUE RP# 1 CITY D/S (TAX OVERRIDE) U S BANK $ - $ - $ (13) $ - - $ - $ - $ 4038.20 PROPERTY TAX REVENUE RP# 2 CITY D/S (TAX OVERRIDE) U S BANK - - - - - - - 4038.30 PROPERTY TAX REVENUE RP# 3 CITY D/S (TAX OVERRIDE) U S BANK - - - - - - - 4038.40 PROPERTY TAX REVENUE RP# 4 CITY D/S (TAX OVERRIDE) U S BANK - - - - - - -4038.50 PROPERTY TAX REVENUE TD#1 CITY D/S (TAX OVERRIDE) U S BANK - - 18 - - - - 4300.01 BANK INTEREST INCOME - - 18 - - 12 -4300.02 INVESTMENT INTEREST INCOME - - - - - - - 4300.03 US BANK INTEREST INCOME - 2,000,000 2,314,141 2,000,000 - 1,627,848 - CITY DEBT SERVICE TOTAL $ - $ 2,000,000 $ 2,314,164 $ - $ 2,000,000 $ 1,627,860 $ - IPFA
4300.03 US BANK INTEREST INCOME $ 500,000 $ 500,000 $ - $ - - $ $ - $ - 4300.04 GAIN/LOSS - - 75,768 - - (282,112) -
4300.05 INTEREST INCOME - CITY LOAN 3,593,000 3,593,000 3,581,444 3,562,000 3,562,000 1,780,880 3,528,000 4307 INTEREST INCOME SA IUDA BOND - - - - - - -
IPFA TOTAL $ 4,093,000 4,093,000 $ 3,657,212 $ 3,562,000 $ 3,562,000 $ 1,498,768 $ 3,528,000 $ TOTAL DEBT SERVICE FUNDS $ 6,093,000 4,093,000 $ 5,971,171 $ 3,562,000 $ 5,562,000 $ 3,126,627 $ 3,528,000 $ TOTAL CITY FINANCIAL RESOURCES REVENUES $ 115,886,700 100,214,900 $ 127,065,532 $ 107,060,500 $ 112,434,900 $ 63,934,711 $ 112,051,000 $ 15

Schedule of Transfers
City of Industry | FY 2025/26 Proposed Budget

TRANSFERS TRANSFERS

FUND IN OUT
1) CRIA - EXPO CENTER 361 909,000
CRIA- CAPITAL PROJECTS 360 (909,000)
2) CRIA- CAPITAL PROJECTS 360 3,574,400
CITY GENERAL FUND 100 (3,574,400)
3) CITY- IPHMA 160 634,000
CITY GENERAL FUND 100 (634,000)
4) CITY- IPHMA 160 800,000
CITY - CAPITAL IMPROVEMENTS 120 (800,000)
IPHMA - CAPITAL IMPROVEMENTS 124 800,000
CITY- IPHMA 160 (800,000)
5) CRIA- CAPITAL PROJECTS 360 8,855,000
CITY - CAPITAL IMPROVEMENTS 120 (8,855,000)
CRIA - CAPITAL IMPROVEMENTS 121 8,855,000
CRIA- CAPITAL PROJECTS 360 (8,855,000)
6) ELECTRIC CAPITAL IMPROVEMENT 122 4,070,000
CITY ELECTRIC 161 (4,070,000)
7) WATER CAPITAL IMRPOVEMENT 123 1,795,000
CITY WATER 560 (1,795,000)
8) CITY DEBT SERVICE 140 35,619,000
CITY GENERAL FUND 100 (35,619,000)
CITY GENERAL FUND 100 8,561,000
CITY DEBT SERVICE 140 (8,561,000)
9) PUBLIC FACILITIES AUTHORITY 440 8,000
CITY GENERAL FUND 100 (8,000)
(74,480,400) 74,480,400

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
FISCAL YEAR 2025-2026
16

Expenditure Summaries
City of Industry | FY 2025/26 Proposed Budget

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
SUMMARY OF EXPENDITURES 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

GENERAL FUND

ADMINISTRATIVE
501 CITY COUNCIL $ 386,000 $ 386,000 $ 343,094 $ 414,000 $ 414,000 $ 236,343 $ 439,000 502 CITY CLERK 427,000 427,000 405,677 449,000 449,000 295,536 453,000 503 CITY MANAGER 1,728,000 1,771,000 1,633,966 1,853,000 1,841,000 1,217,342 1,859,000 507 CENTRAL SERVICES 1,495,000 1,695,000 1,152,295 1,809,000 2,154,000 1,858,362 2,211,000 508 HUMAN RESOURCES 1,970,000 1,690,000 1,804,473 2,277,000 2,001,500 1,522,749 1,256,000 520 CITY ATTORNEY 3,698,000 3,698,000 2,855,402 3,849,000 3,849,000 1,611,335 3,850,000 528 LEGISLATIVE 168,000 168,000 181,584 188,000 195,000 128,000 192,000 556 IUDA- ADMINISTRATIVE EXPENSES 650,000 523,000 143,417 189,000 224,000 98,601 183,000 ADMINSTRATION TOTAL $ 10,522,000 $ 10,358,000 $ 8,519,909 $ 11,028,000 $ 11,127,500 $ 6,968,268 $ 10,443,000

COMMUNITY SUPPORT & REGIONAL IMPROVEMENTS
620 EL ENCANTO $ 4,629,000 $ 6,495,000 $ 6,435,039 $ 6,536,000 $ 6,536,000 $ 3,260,543 $ 6,246,000 621 COMMUNITY PROMOTION 2,127,000 2,199,000 2,355,160 2,431,000 2,531,000 1,512,324 2,744,000 626 HOMESTEAD MUSEUM 1,408,000 1,435,000 1,467,639 1,472,000 1,510,000 1,000,524 1,552,000 COMMUNITY SUPPORT & REGIONAL IMPROVEMENTS TOTAL $ 8,164,000 $ 10,129,000 $ 10,257,838 $ 10,439,000 $ 10,577,000 $ 5,773,391 $ 10,542,000

FINANCIAL SERVICES
505 CITY TREASURER $ 669,000 $ 715,000 $ 660,670 $ 749,000 $ 764,000 $ 525,706 $ 718,000 506 FINANCE 1,873,000 1,867,000 1,498,881 1,931,000 1,953,000 1,097,435 2,074,000 525 INFORMATION TECHNOLOGY 1,082,000 1,051,000 1,027,988 1,242,000 1,242,000 658,789 1,219,000 FINANCIAL SERVICES TOTAL $ 3,624,000 $ 3,633,000 $ 3,187,540 $ 3,922,000 $ 3,959,000 $ 2,281,930 $ 4,011,000

DEVELOPMENT SERVICES
504 ENGINEERING $ 557,000 $ 487,000 $ 361,785 $ 740,000 $ 492,000 $ 265,861 $ 532,000 521 PLANNING 948,000 964,000 1,068,210 1,055,000 1,063,000 481,461 1,039,000 526 DEVELOPMENT SERVICES 1,433,000 1,438,000 1,729,359 1,666,000 1,787,000 1,043,913 1,818,000 601 PUBLIC SAFETY 14,220,000 14,654,000 14,549,174 15,308,000 15,313,000 9,732,655 16,071,000 622 PUBLIC WORKS/ENGINEERING 4,010,000 3,885,000 4,811,714 3,896,500 3,904,500 2,690,664 4,361,000 623 STREETS AND ROADS 1,270,000 1,170,000 1,995,459 1,280,000 1,280,000 551,317 1,590,000 624 CONTRACTED SERVICES 4,880,000 4,880,000 5,020,587 4,680,000 4,680,000 3,015,681 4,615,000 625 CIVIC FINANCIAL CENTER 3,201,000 3,333,000 3,288,645 3,546,000 3,698,000 2,504,911 3,616,000 627 INDUSTRY HILLS 556,000 645,000 785,829 743,000 743,000 518,278 766,000 628 TRES HERMANOS- CHINO HILLS 730,000 880,000 963,421 871,000 1,024,000 707,419 1,035,000 629 STREET LIGHTS 743,000 743,000 974,053 773,000 798,000 588,198 1,105,000 DEVELOPMENT SERVICES TOTAL $ 32,548,000 $ 33,079,000 $ 35,548,238 $ 34,558,500 $ 34,782,500 $ 22,100,358 $ 36,548,000

METROLINK STATION
350 ELECTRIC UTILITY - METROLINK DIVISION $ 333,000 $ 333,000 $ 309,719 $ 409,000 $ 424,000 $ 261,109 $ 444,000 GENERAL FUND TOTAL $ 57,532,000 55,191,000 $ 57,823,244 $ 60,356,500 $ 60,870,000 $ 37,385,056 $ 61,988,000 $

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
17

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
SUMMARY OF EXPENDITURES 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET

SPECIAL REVENUE EXPENDITURES
101 STREET IMPROVEMENTS $ 17,000 26,000 $ 25,609 $ 28,000 $ 28,000 $ 12,161 $ 34,000 $ 102 MEAS R - PUBLIC TRANSIT 8,000 8,000 7,223 8,000 8,000 2,884 7,000 103 PROP A- PUBLIC TRANSIT 248,000 248,000 331,777 369,000 424,000 377,258 808,000 104 PROP C- PUBLIC TRANSIT 11,000 11,000 9,634 11,000 11,000 3,846 10,000 106 MEAS M - PUBLIC TRANSIT 9,000 9,000 8,156 9,000 9,000 - 8,000 107 MEAS W - SAFE CLEAN WATER 1,074,000 1,074,000 243,748 2,695,000 1,945,000 828,515 4,410,000 165 CARB 103,000 - 429,180 250,000 450,000 267,480 1,441,000 SPECIAL REVENUES TOTAL $ 1,479,000 1,367,000 $ 1,055,327 $ 3,370,000 $ 2,875,000 $ 1,492,144 $ 6,718,000 $

ENTERPRISE FUNDS
160 IPHMA $ 1,089,000 1,089,000 $ 1,010,605 $ 1,080,000 $ 1,083,000 $ 477,580 $ 1,003,000 $ 161 IPUC - ELECTRICITY 5,948,000 12,013,000 6,286,009 7,001,000 7,251,000 3,270,290 7,035,000 360 CIVIC RECREATIONAL INDUST AUTH 2,189,000 2,189,000 2,266,371 2,442,000 2,677,896 1,473,727 2,715,000 361 CIVIC RECREATIONAL INDUST AUTH - EXPO CENTER 2,309,000 2,469,000 2,943,336 2,428,800 2,610,200 1,561,565 2,726,000560 IPUC - RECLAIMED WATER 1,009,000 3,829,000 1,691,705 1,425,000 1,425,000 584,072 1,353,000 561 IPUC - PORTABLE WATER 2,429,200 2,369,200 2,240,129 2,602,200 2,616,800 1,142,063 2,737,000 ENTERPRISE TOTAL $ 15,133,200 23,798,200 $ 16,438,155 $ 16,979,000 $ 17,663,896 $ 8,509,296 $ 17,569,000 $

CAPITAL IMPROVEMENTS FUNDS
120 CITY CAPITAL IMPROVEMENTS $ 55,870,000 57,655,000 $ 38,198,972 $ 52,040,000 $ 52,525,500 $ 45,723,789 $ 38,090,000 $ 121 CRIA CAPITAL IMPROVEMENT 2,185,000 2,860,000 976,293 4,750,000 4,750,000 299,468 8,855,000 122 ELECTRICITY CAPITAL IMPROVEMENT - 122 5,895,000 - 2,695,216 2,050,000 2,050,000 413,882 4,070,000 123 WATER CAPITAL IMPROVEMENT - 123 2,510,000 - 179,521 3,325,000 3,325,000 828,812 1,795,000 124 IPHMA CAPITAL IMPROVEMENT 1,000,000 1,000,000 113,174 700,000 700,000 70,781 800,000 CAPITAL IMPROVEMENTS TOTAL $ 67,460,000 61,515,000 $ 42,163,176 $ 62,865,000 $ 63,350,500 $ 47,336,731 $ 53,610,000 $

DEBT SERVICE FUNDS
140 CITY DEBT SERVICE $ 26,453,400 26,453,400 $ 26,588,977 $ 26,447,000 $ 26,447,000 $ 24,018,236 $ 26,439,000 $ 440 INDUSTRY PUBLIC FACILITIES AUTHORITY 4,216,800 4,216,800 3,588,944 3,571,200 3,571,200 1,788,360 $ 3,536,000 DEBT SERVICES TOTAL $ 30,670,200 30,670,200 $ 30,177,921 $ 30,018,200 $ 30,018,200 $ 25,806,596 $ 29,975,000 $ TOTAL CITY EXPENDITURES $ 172,274,400 172,541,400 $ 147,657,823 $ 173,588,700 $ 174,777,596 $ 120,529,823 $ 169,860,000 $ 18

Administrative Services
City of Industry | FY 2025/26 Proposed Budget

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

CITY COUNCIL
5011 BOARD SALARIES $ 157,000 $ 157,000 $ 155,041 $ 157,000 $ 157,000 $ 105,457 $ 172,000 5013 TELEPHONE 3,000 3,000 2,691 3,000 3,000 1,520 3,0005016 CALPERS - EMPLOYER 12,000 12,000 13,464 12,000 12,000 10,772 12,000 5017 MEDICAL PREMIUMS 124,000 124,000 96,277 141,000 141,000 68,403 156,000 5017.02 MEDICAL REIMBURSEMENTS 20,000 20,000 20,000 20,000 20,000 10,000 20,000 5018 OFFICE SUPPLIES & POSTAGE - - - - - 42 -
5021 DUES AND SUBSCRIPTIONS - - 189 - - - -5025 MISCELLANEOUS 1,000 1,000 - - - - - 5027 MEDICARE 3,000 3,000 2,243 3,000 3,000 1,529 3,000 5028 LIFE INSURANCE 12,000 12,000 11,049 12,000 12,000 7,808 11,000 5030 STATE UNEMPLOYMENT 3,000 3,000 931 3,000 3,000 740 2,000 5032 STATE EMPLOYMENT & TRAINING TAX 1,000 1,000 39 1,000 1,000 33 -5033 DENTAL PREMIUMS 12,000 12,000 6,123 12,000 12,000 3,887 11,000 5034 VISION PREMIUMS 2,000 2,000 1,232 2,000 2,000 751 2,000 5037 ACCIDENTAL DEATH INSURANCE 1,000 1,000 240 1,000 1,000 170 - 5038 SUPPLEMENTAL UNUM INSURANCE 5,000 5,000 4,795 5,000 5,000 2,873 6,000 5039 PARS - EMPLOYER 13,000 13,000 8,700 13,000 13,000 6,960 14,000 5041 1959 SURVIVORS BENEFIT 1,000 1,000 120 1,000 1,000 81 - 5570 PRINTING/PHOTOGRAPHS - - - - - - -
5610 TRAVEL AND MEETINGS 13,000 13,000 16,340 25,000 25,000 10,023 25,000 5631 WORKERS COMPENSATION 3,000 3,000 3,621 3,000 3,000 5,293 2,000 TOTAL $ 386,000 386,000 $ 343,094 $ 414,000 $ 414,000 $ 236,343 $ 439,000 $

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
19

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026CITY CLERK 5001 SALARIES $ 254,000 254,000 $ 252,338 $ 264,000 $ 264,000 $ 182,805 $ 271,000 $ 5005 OVERTIME 1,000 1,000 - - - - - 5013 TELEPHONE 1,000 1,000 627 1,000 1,000 414 1,000
5016 CALPERS - EMPLOYER 23,000 23,000 28,288 24,000 24,000 21,812 24,0005017 MEDICAL PREMIUMS 45,000 45,000 46,631 52,000 52,000 34,100 58,000 5017.02 MEDICAL REIMBURSEMENTS 8,000 8,000 8,000 8,000 8,000 4,000 8,000 5018 OFFICE SUPPLIES & POSTAGE 1,000 1,000 1,471 1,000 1,000 87 1,000 5020 CALPERS - EMPLOYEE 12,000 12,000 12,007 12,000 12,000 8,644 12,0005021 DUES AND SUBSCRIPTIONS 29,000 29,000 22,109 29,000 29,000 22,172 29,000 5025 MISCELLANEOUS - - 257 - - - -
5027 MEDICARE 5,000 5,000 3,655 5,000 5,000 2,651 5,000 5028 LIFE INSURANCE 4,000 4,000 3,317 4,000 4,000 2,488 3,000 5030 STATE UNEMPLOYEMENT 1,000 1,000 336 1,000 1,000 308 1,000 5031.01 DISABILITY LONG TERM 2,000 2,000 1,139 2,000 2,000 1,469 2,000 5031.02 DISABILITY SHORT TERM 2,000 2,000 777 2,000 2,000 1,099 1,000 5032 STATE EMPLOYEMENT & TRAINING TAX 1,000 1,000 14 1,000 1,000 14 - 5033 DENTAL PREMIUMS 4,000 4,000 3,331 4,000 4,000 2,498 3,000 5034 VISION PREMIUMS 1,000 1,000 549 1,000 1,000 411 1,000 5037 ACCIDENTAL DEATH INSURANCE 1,000 1,000 72 1,000 1,000 54 - 5038 SUPPLEMENTAL UNUM INSURANCE 4,000 4,000 3,130 4,000 4,000 2,865 5,000 5039 PARS- EMPLOYER 8,000 8,000 5,084 8,000 8,000 4,454 8,000 5041 1959 SURVIVORS BENEFIT 1,000 1,000 48 1,000 1,000 33 - 5120.01 PROFESSIONAL SERVICES 8,000 8,000 5,205 8,000 8,000 1,042 8,000 5562 OFFICE EQUIPMENT & FURNITURE 3,000 3,000 - 3,000 3,000 - 3,000 5570 PRINTING & PHOTOGRAPHS - - - - - - -
5610 TRAVEL AND MEETINGS 2,000 2,000 5,738 7,000 7,000 (150) 5,000 5631 WORKERS COMPENSATION 4,000 4,000 1,553 4,000 4,000 2,267 4,000 5640 ADVERTISING & PRINTING 2,000 2,000 - 2,000 2,000 - - 5665 TUITION REIMBURSEMENT - - - - - - -
5670 ELECTION EXPENSES - - - - - - -
TOTAL $ 427,000 427,000 $ 405,677 $ 449,000 $ 449,000 $ 295,536 $ 453,000 $

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
20

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026CITY MANAGER 5001 SALARIES $ 928,000 928,000 $ 925,586 $ 964,000 $ 964,000 $ 671,072 $ 1,062,000 $ 5001.02 SALARIES - PART - TIME 134,000 134,000 77,657 119,000 69,000 31,314 78,000 5005 OVERTIME 1,000 1,000 84 1,000 1,000 - -
5006 CA MEAL PREMIUM 1,000 1,000 100 1,000 1,000 - -
5007 VACATION BUYOUT 40,000 11,000 24,705 40,000 80,000 38,592 - 5008 SICK BUYOUT 39,000 39,000 16,301 39,000 39,000 16,840 - 5010 CAR ALLOWANCE 8,000 8,000 7,800 8,000 8,000 5,250 8,0005013 TELEPHONE 3,000 3,000 4,835 4,000 4,000 2,187 4,000 5013.01 CELL PHONE ALLOWANCE - - - - - - -5013.02 TECHNOLOGY ALLOWANCE 3,000 3,000 1,950 3,000 3,000 1,313 3,000 5016 CALPERS - EMPLOYER 82,000 82,000 91,503 85,000 85,000 65,371 93,000 5017 MEDICAL PREMIUMS 130,000 130,000 135,292 149,000 149,000 98,708 163,000 5017.02 MEDICAL REIMBURSEMENTS 18,000 18,000 16,000 18,000 18,000 8,000 18,000 5018 OFFICE SUPPLIES & POSTAGE 1,000 1,000 1,502 1,000 1,000 713 1,000 5020 CALPERS - EMPLOYEE 38,000 38,000 39,395 38,000 38,000 28,501 42,0005021 DUES AND SUBSCRIPTIONS 133,000 133,000 96,695 139,000 139,000 101,584 140,0005022 EMPLOYEE TEAM BUILDING 7,000 7,000 2,739 7,000 7,000 1,266 3,0005025 MISCELLANEOUS 6,000 6,000 7,821 6,000 6,000 5,127 7,0005027 MEDICARE 18,000 18,000 15,606 18,000 18,000 11,398 19,0005028 LIFE INSURANCE 9,000 9,000 11,259 9,000 17,000 9,578 12,0005030 STATE UNEMPLOYMENT 4,000 4,000 1,008 4,000 4,000 843 4,000 5031.01 DISABILITY LONG TERM 7,000 7,000 4,592 7,000 7,000 4,244 8,000 5031.02 DISABILITY SHORT TERM 5,000 5,000 3,134 5,000 5,000 3,192 5,000 5032 STATE EMPLOYMENT & TRAINING TAX 1,000 1,000 42 1,000 1,000 38 - 5033 DENTAL PREMIUMS 8,000 8,000 10,504 8,000 8,000 7,878 7,000 5034 VISION PREMIUMS 2,000 2,000 1,616 2,000 2,000 1,212 1,0005035 DEFERRED COMPENSATION 24,000 24,000 22,500 24,000 24,000 23,000 24,0005037 ACCIDENTAL DEATH INSURANCE 1,000 1,000 200 1,000 1,000 172 -5038 SUPPLEMENTAL UNUM INSURANCE 8,000 8,000 7,968 8,000 8,000 5,236 12,000 5039 PARS - EMPLOYER 33,000 33,000 21,961 36,000 36,000 19,181 39,0005040 PARS - ARS 3,000 3,000 1,928 2,000 2,000 1,050 2,0005041 1959 SURVIVORS BENEFIT 1,000 1,000 97 1,000 1,000 65 - 5120.01 PROFESSIONAL SERVICES 1,000 1,000 - - - - -
5560 EQUIPMENT RENTAL 8,000 8,000 4,644 8,000 8,000 3,220 5,000 5565 SMALL Equipments & Supplies - - - - - 65 -
5570 PRINTING & PHOTOGRAPHS 1,000 1,000 115 1,000 1,000 163 1,000 5610 TRAVEL AND MEETINGS 60,000 36,000 74,031 81,000 81,000 46,879 83,000 5631 WORKERS COMPENSATION 5,000 15,000 2,796 15,000 5,000 4,091 15,000 TOTAL 1,728,000 $ 1,771,000 $ 1,633,966 $ 1,853,000 $ 1,841,000 $ 1,217,342 $ 1,859,000 $

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
21

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

CENTRAL SERVICES
5001 SALARIES $ - $ - $ - $ - $ - $ - $ -
5012 GENERAL INSURANCE AND BONDING 917,000 1,117,000 1,088,679 1,162,000 1,462,000 1,424,143 1,506,000 5013 TELEPHONE 1,000 1,000 1,690 2,000 2,000 1,505 3,000 5016 CALPERS - EMPLOYER - - - - - - -
5017 MEDICAL PREMIUMS - - - - - 14 -
5018 OFFICE SUPPLIES & POSTAGE 67,000 67,000 46,029 45,000 45,000 32,238 50,000 5021 DUES AND SUBSCRIPTIONS 6,000 6,000 3,951 6,000 6,000 3,633 6,000 5025 MISCELLANEOUS 2,000 2,000 1,103 1,000 1,000 2,216 4,000 5060.03 SPECIAL TAXES AND FEES - - 152 - - - -
5062 BUILDING MAINTENANCE 159,000 159,000 196,592 194,000 194,000 103,130 194,000 5120.01 PROFESSIONAL SERVICES 82,000 82,000 49,212 74,000 74,000 48,087 75,000 5120.06 ADMINISTRATIVE EXPENSES- CEPPT CALPERS - - 15,290 - - - - 5550 REPAIR AND MAINTENANCE EQUIPMENT - - - - - - -
5560 EQUIPMENT RENTAL 23,000 23,000 23,383 27,000 27,000 17,196 27,000 5562 OFFICE EQUIMENT & FURNITURE - - - - 45,000 44,966 45,000 5570 PRINTING & PHOTOGRAPHS 4,000 4,000 3,419 1,000 1,000 2,233 4,000 5610 TRAVEL AND MEETINGS 1,000 1,000 - - - - -
5620 VEHICLE EXPENSE - - 257 - - - -
5730.01 UTILITIES - GAS 17,000 17,000 14,191 20,000 20,000 1,821 5,000 5730.02 UTILITIES - WATER 3,000 3,000 2,480 3,000 3,000 1,706 3,000 5730.03 UTILITIES - ELECTRIC 96,000 96,000 112,619 124,000 124,000 59,006 122,000 5740 PROPERTY TAXES AND ASSESSMENTS - - - - - 1,538 3,000 5815 INSURANCE CLAIMS - ADMINISTRATIVE 14,000 14,000 35,288 17,000 17,000 17,929 18,000 5820 INSURANCE CLAIMS - - (555,769) - - - - 5900 GENERAL ENGINEERING 80,000 80,000 57,016 60,000 60,000 41,540 60,000 6070 REFUSE DISPOSAL-RESIDENTS 15,000 15,000 56,713 65,000 65,000 55,461 86,000 9010 FURNITURE, EQUIPMENT & FIXTURES 8,000 8,000 - 8,000 8,000 - - TOTAL $ 1,695,000 1,495,000 $ 1,152,295 $ 1,809,000 $ 2,154,000 $ 1,858,362 $ 2,211,000 $

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
22

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

HUMAN RESOURCES
5001 SALARIES $ 388,000 $ 388,000 $ 399,932 $ 404,000 $ 404,000 $ 285,704 $ 244,000 5005 OVERTIME 3,000 3,000 - - - - -
5005.01 DOUBLE TIME 1,000 1,000 - - - - -
5007 VACATION BUYOUT 21,000 21,000 13,021 - - 27,864 - 5008 SICK BUYOUT - - - - - 99,628 - 5013 TELEPHONE 1,000 1,000 627 1,000 1,000 416 1,000
5016 CALPERS - EMPLOYER 45,000 45,000 162,156 134,000 234,000 198,120 120,000 5016.02 CALPERS PENSION PREFUNDING - - - - - - -
5017 MEDICAL PREMIUMS 466,000 86,000 79,044 480,000 100,000 54,595 543,000 5017.02 MEDICAL REIMBURSEMENTS 124,000 124,000 131,000 128,000 128,000 62,000 128,000 5017.03 POST EMPLOYMENT BENEFIT 436,000 436,000 401,535 464,000 464,000 319,974 - 5017.04 HRA TRUST RESERVES 270,000 370,000 428,617 443,000 443,000 335,956 - 5018 OFFICE SUPPLIES & POSTAGE 1,000 1,000 - 1,000 1,000 325 1,000 5020 CALPERS - EMPLOYEE 23,000 23,000 24,796 24,000 24,000 17,181 9,000 5021 DUES AND SUBSCRIPTIONS 2,000 2,000 - - - 250 1,000 5025 MISCELLANEOUS 1,000 1,000 45 - - 104 1,000 5027 MEDICARE 7,000 7,000 5,986 8,000 8,000 5,991 5,000 5028 LIFE INSURANCE 15,000 15,000 13,998 16,000 16,000 11,932 14,000 5030 STATE UNEMPLOYMENT 2,000 2,000 504 2,000 2,000 462 1,000 5031.01 DISABILITY LONG TERM 3,000 3,000 1,658 3,000 5,700 2,343 2,000 5031.02 DISABILITY SHORT TERM 2,000 2,000 1,132 2,000 3,800 1,754 1,000 5032 STATE EMPLOYMENT & TRAINING TAX 1,000 1,000 21 1,000 1,000 21 - 5033 DENTAL PREMIUMS 41,000 41,000 38,069 47,000 47,000 26,368 47,000 5034 VISION PREMIUMS 8,000 8,000 6,452 9,000 9,000 5,078 8,000 5037 ACCIDENTAL DEATH INSURANCE 1,000 1,000 910 1,000 1,000 (1,692) - 5038 SUPPLEMENTAL UNUM INSURANCE 51,000 51,000 43,997 49,000 49,000 38,042 64,000 5039 PARS - EMPLOYER 8,000 8,000 5,350 9,000 9,000 7,408 9,000 5041 1959 SURVIVORS BENEFIT 1,000 1,000 73 1,000 1,000 48 - 5120.01 PROFESSIONAL SERVICES 10,000 10,000 13,645 10,000 10,000 10,162 15,000 5120.02 LEGAL SERVICES 17,000 17,000 13,882 17,000 17,000 5,683 17,000 5560 EQUIPMENT RENTAL 4,000 4,000 3,943 4,000 4,000 2,677 4,000 5570 PRINTING/PHOTOGRAPHS 1,000 1,000 108 - - - 1,000 5610 TRAVEL & MEETINGS 5,000 5,000 9,642 10,000 10,000 1,160 12,000 5631 WORKERS COMPENSATION 6,000 6,000 2,186 6,000 6,000 3,195 3,000 5665 TUITION REIMBUSEMENT 5,000 5,000 2,145 3,000 3,000 - 5,000 TOTAL 1,970,000 $ 1,690,000 $ 1,804,473 $ 2,277,000 $ 2,001,500 $ 1,522,749 $ 1,256,000 $

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
23

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

CITY ATTORNEY/LEGAL
5120.01 PROFESSIONAL SERVICES $ 21,000 $ 21,000 $ 23,509 $ 21,000 $ 21,000 $ 13,607 $ 22,000 5120.02 LEGAL 3,677,000 3,677,000 2,828,718 3,825,000 3,825,000 1,596,828 3,825,000 5610 TRAVEL AND MEETINGS - - 3,175 3,000 3,000 900 3,000 TOTAL 3,698,000 $ 3,698,000 $ 2,855,402 $ 3,849,000 $ 3,849,000 $ 1,611,335 $ 3,850,000 $ - - - - - - -

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
24

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

LEGISLATIVE SERVICES
5120.01 PROFESSIONAL SERVICES $ 56,000 $ 56,000 $ 61,584 $ 63,000 $ 63,000 $ 40,000 $ 60,000 5830 LEGISLATIVE EXPENSES 112,000 112,000 120,000 125,000 132,000 88,000 132,000 TOTAL 168,000 $ 168,000 $ 181,584 $ 188,000 $ 195,000 $ 128,000 $ 192,000 $ - - - - - - -

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
25

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

SUCCESSOR AGENCY - ADMINISTRATION
5012 GENERAL INSURANCE & BONDING 27,000 $ 27,000 $ 4,725 $ 10,000 $ $ - $ - $ - 5018 OFFICE SUPPLIES & POSTAGE - - - - - - -
5120.01 PROFESSIONAL SERVICES 57,000 57,000 82,300 119,000 119,000 32,795 119,000 5120.02 LEGAL SERVICES 1,000 1,000 13,476 10,000 10,000 4,915 10,000 5220 APPRAISAL FEES - - - - 45,000 45,000 -
5432 SA IUDA ADMIN EXPENSES 523,000 396,000 - - - - -
5570 PRINTING AND PHOTOGRAPHS 2,000 2,000 130 - - 796 2,000 5730.02 UTILITIES - WATER - - - - - - -
5900 GENERAL ENGINEERING 29,000 29,000 41,686 50,000 50,000 13,995 50,000 8510 PROPERTY MAINTENANCE 6,000 6,000 - - - - -
9750 FISCAL AGENT FEES 5,000 5,000 1,100 - - 1,100 2,000 TOTAL $ 523,000 650,000 $ 143,417 $ 189,000 $ 224,000 $ 98,601 $ 183,000 $ - - - - - - -

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
26

Community Support and Regional
ImprovementsCity of Industry | FY 2025/26 Proposed Budget

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

EL ENCANTO
5068 LANDSCAPE MAINTENANCE $ 124,000 124,000 $ 143,998 $ 148,000 $ 148,000 $ 79,418 $ $ 141,000 5120.01 PROFESSIONAL SERVICES 1,000 1,000 407 1,000 1,000 407 1,000 5130 PLANNING, SURVEY AND DESIGN - - - - - - -
5550 REPAIR AND MAINTENANCE EQUIPMENT 170,000 170,000 154,781 177,000 177,000 93,427 177,000 5795 FILING?PERMIT FEES - - - - - 559 1,000
5900 GENERAL ENGINEERING 10,000 10,000 - 10,000 10,000 1,676 10,000 6120 SECURITY 540,000 540,000 604,426 606,000 606,000 427,355 622,000 6163 EL ENCANTO ADVANCES 5,300,000 3,500,000 5,300,000 5,300,000 5,300,000 2,550,000 5,000,000 8510 PROPERTY MAINTENANCE 34,000 171,175 200,000 244,000 244,000 92,838 244,000 9010 FURNITURE, EQUIPMENT & FIXTURES 150,000 250,000 60,252 50,000 50,000 14,864 50,000 TOTAL $ 6,495,000 4,629,000 $ 6,435,039 $ 6,536,000 $ 6,536,000 $ 3,260,543 $ 6,246,000 $ - - - - - - -

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
27

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026 COMMUNITY PROM.& ECONOMIC DEVLOP
5120.01 PROFESSIONAL SERVICES $ 179,000 $ 179,000 $ 237,767 $ 221,000 $ 221,000 $ 203,572 $ 280,000 5560 EQUIPMENT RENTAL 4,000 4,000 - - - - -
5600 COMMUNITY PROMOTION 1,255,000 1,255,000 1,247,180 1,456,000 1,456,000 962,681 1,643,000 5601 COMMUNITY PROMOTION PAID BY CITY 456,000 561,000 648,670 150,000 250,000 188,689 250,000 5602 DONATIONS - - - 371,000 371,000 99,712 371,000
5640 ADVERTISING AND PRINTING 233,000 200,000 221,542 233,000 233,000 57,670 200,000 TOTAL $ 2,199,000 2,127,000 $ 2,355,160 $ 2,431,000 $ 2,531,000 $ 1,512,324 $ 2,744,000 $ - - - - - - -

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
28

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026WORKMAN TEMPLE HOMESTEAD 5013 TELEPHONE $ 21,000 $ 21,000 $ 10,152 $ 12,000 $ 12,000 $ 8,739 $ 12,000 5018 OFFIE SUPPLIES & POSTAGE 2,000 2,000 1,885 2,000 2,000 1,327 2,000 5021 DUES AND SUBSCRIPTIONS 2,000 2,000 1,970 1,000 1,000 1,771 3,000 5025 MISCELLANEOUS 1,000 6,000 4,864 8,000 8,000 - 5,000 5060.02 SPECIAL TAXES AND FEES - HOMESTEAD - - - - - - - 5068 LANDSCAPE MAINTENANCE 259,000 259,000 278,652 270,000 270,000 199,145 308,000 5120.01 PROFESSIONAL SERVICES 84,000 84,000 72,989 74,000 74,000 35,458 55,000 5550 REPAIR AND MAINTENANCE EQUIPMENT 4,000 4,000 - - 2,000 800 2,000 5560 EQUIPMENT RENTAL - 7,000 4,697 5,000 5,000 4,100 6,000 5565 SMALL EQUIPMENT & SUPPLIES 8,000 8,000 9,205 11,000 11,000 8,564 14,000 5610 TRAVEL AND MEETINGS 1,000 1,000 2,949 1,000 1,000 - 1,000 5640 ADVERTISING AND PRINTING 6,000 6,000 - - - - - 5695 COMPUTER SUPPLIES - 15,000 11,814 15,000 15,000 - 5,000 5695.01 COMPUTER SERVICES 30,000 30,000 20,905 26,000 26,000 12,680 20,000 5730.01 UTILITIES - GAS 2,000 2,000 1,016 2,000 2,000 742 2,000 5730.03 UTILITIES - ELECTRIC 45,000 45,000 45,814 45,000 45,000 29,041 45,000 5740 PROPERTY TAXES AND ASSESSMENTS - - - - 1,000 112 1,000 5900 GENERAL ENGINEERING 30,000 30,000 23,464 30,000 30,000 9,436 30,000 6120 SECURITY 275,000 275,000 311,792 310,000 310,000 228,534 319,000 8500 MUSEUM AGREEMENT 580,000 580,000 598,258 607,000 607,000 394,534 625,000 8510 PROPERTY MAINTENANCE 46,000 46,000 56,741 41,000 66,000 56,248 75,000 8520 JANITORIAL SERVICE 12,000 12,000 10,473 12,000 12,000 5,193 12,000 9010 FURNITURE, EQUIPMENT & FIXTURES - - - - - - - 9050 COLLECTIONS ACQUISITION - - - - 10,000 4,100 10,000 TOTAL $ 1,435,000 1,408,000 $ 1,467,639 $ 1,472,000 $ 1,510,000 $ 1,000,524 $ 1,552,000 $ - - - - - - -

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
29

Financial Services
City of Industry | FY 2025/26 Proposed Budget

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

CITY TREASURER
5001 SALARIES $ 421,000 375,000 $ 409,560 $ 428,000 $ $ 428,000 $ 286,709 $ 438,000 5005 OVERTIME 1,000 1,000 - - - - -
5006 CA MEAL PREMIUM 1,000 1,000 - - - - -5013 TELEPHONE 3,000 3,000 2,258 3,000 3,000 1,506 3,0005016 CALPERS - EMPLOYER 48,000 48,000 63,896 53,000 113,000 102,837 53,000 5017 MEDICAL PREMIUMS 65,000 65,000 66,993 75,000 75,000 49,132 82,000 5017.02 MEDICAL REIMBURSEMENTS 8,000 8,000 8,000 8,000 8,000 4,000 8,000 5018 OFFICE SUPPLIES & POSTAGE - - - - - 68 -
5020 CALPERS - EMPLOYEE 23,000 23,000 24,004 24,000 24,000 16,770 24,000 5021 DUES AND SUBSCRIPTIONS 1,000 1,000 1,465 - - 150 - 5027 MEDICARE 5,000 5,000 5,926 5,000 5,000 4,157 5,0005028 LIFE INSURANCE 4,000 4,000 3,706 4,000 4,000 3,329 3,0005030 STATE UNEMPLOYMENT 1,000 1,000 336 1,000 1,000 308 1,000 5031.01 DISABILITY LONG TERM 3,000 3,000 2,084 4,000 4,000 2,081 3,000 5031.02 DISABILITY SHORT TERM 2,000 2,000 1,423 3,000 3,000 1,572 2,000 5032 STATE EMPLOYMENT & TRAINING TAX 1,000 1,000 14 1,000 1,000 14 - 5033 DENTAL PREMIUMS 6,000 6,000 5,252 6,000 6,000 3,939 5,0005034 VISION PREMIUMS 1,000 1,000 808 1,000 1,000 606 1,000 5036 BANK FEES 76,000 76,000 26,468 76,000 31,000 22,893 32,000 5037 ACCIDENTAL DEATH INSURANCE 1,000 1,000 80 1,000 1,000 72 - 5038 SUPPLEMENTAL UNUM INSURANCE 2,000 2,000 1,997 2,000 2,000 1,828 3,0005039 PARS - EMPLOYER 8,000 8,000 7,348 12,000 12,000 6,173 12,0005041 1959 SURVIVORS BENEFIT 1,000 1,000 48 1,000 1,000 33 - 5120.01 PROFESSIONAL SERVICES 19,000 19,000 15,055 19,000 19,000 4,256 19,000 5550 REPAIR AND MAINTENANCE EQUIPMENT - - - - - - -
5560 EQUIPMENT RENTAL 4,000 4,000 7,063 8,000 8,000 5,247 8,0005570 PRINTING AND PHOTOGRAPHS - - 69 - - - - 5610 TRAVEL & MEETINGS 4,000 4,000 5,362 8,000 8,000 5,895 10,0005631 WORKERS COMPENSATION 6,000 6,000 1,457 6,000 6,000 2,130 6,000 5695.04 COMPUTER - SOFTWARE - - - - - - -
TOTAL $ 715,000 669,000 $ 660,670 $ 749,000 $ 764,000 $ 525,706 $ 718,000 $ - - - - - - -

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
30

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026FINANCE 5001 SALARIES $ 689,000 $ 689,000 $ 648,960 $ 721,000 $ 721,000 $ 470,624 $ 845,000 5005 OVERTIME - - - 1,000 1,000 - -
5005.01 DOUBLE TIME 1,000 1,000 - - - - -
5006 CA MEAL PREMIUM 1,000 1,000 - - - - -
5007 VACATION BUYOUT 16,000 16,000 22,672 10,000 25,000 9,705 - 5008 SICK BUYOUT - - 16,811 - - - - 5013 TELEPHONE 2,000 2,000 1,532 2,000 2,000 747 2,000 5016 CALPERS - EMPLOYER 52,000 40,000 47,211 55,000 55,000 33,613 64,000 5017 MEDICAL PREMIUMS 147,000 147,000 110,081 130,000 130,000 81,257 146,000 5017.02 MEDICAL REIMBURSEMENTS 24,000 24,000 20,000 20,000 20,000 10,000 20,000 5018 OFFICE SUPPLIES & POSTAGE 4,000 4,000 4,737 5,000 12,000 6,732 12,000 5021 DUES AND SUBSCRIPTIONS 1,000 1,000 3,013 4,000 4,000 719 3,000 5025 MISCELLANEOUS 6,000 6,000 5,355 7,000 7,000 4,385 7,000 5026 EPMC - - 208 - - - - 5027 MEDICARE 13,000 13,000 9,970 13,000 13,000 6,965 14,000 5028 LIFE INSURANCE 8,000 8,000 6,844 7,000 7,000 4,993 7,000 5030 STATE UNEMPLOYMENT 4,000 4,000 1,008 3,000 3,000 770 2,000 5031.01 DISABILITY LONG TERM 5,000 5,000 3,659 6,000 6,000 3,538 6,000 5031.02 DISABILITY SHORT TERM 4,000 4,000 2,498 4,000 4,000 2,662 4,000 5032 STATE EMPLOYMENT & TRAINING TAX 1,000 1,000 42 1,000 1,000 35 - 5033 DENTAL PREMIUMS 7,000 7,000 6,368 6,000 6,000 5,141 6,000 5034 VISION PREMIUMS 2,000 2,000 1,225 2,000 2,000 932 1,000 5037 ACCIDENTAL DEATH INSURANCE 1,000 1,000 148 1,000 1,000 108 - 5038 SUPPLEMENTAL UNUM INSURANCE 10,000 10,000 10,226 5,000 5,000 7,346 13,000 5039 PARS - EMPLOYER 57,000 57,000 35,673 60,000 60,000 31,221 70,000 5040 PARS - ARS - - - 1,000 1,000 - -
5041 1959 SURVIVORS BENEFIT 1,000 1,000 120 1,000 1,000 81 - 5120.01 PROFESSIONAL SERVICES 777,000 777,000 495,752 809,000 809,000 383,528 800,000 5560 EQUIPMENT RENTAL 10,000 10,000 10,397 15,000 15,000 9,125 15,000 5562 OFFICE EQUIPMENT & FURNITURE - - 2,237 4,000 4,000 - 4,000 5570 PRINTING AND PHOTOGRAPHS 1,000 1,000 838 2,000 2,000 749 2,000 5610 TRAVEL AND MEETINGS 9,000 15,000 17,692 16,000 16,000 10,638 20,000 5631 WORKERS COMPENSATION 10,000 10,000 3,620 10,000 10,000 5,293 11,000 5665 TUITION REIMBURSEMENT 10,000 10,000 9,986 10,000 10,000 6,527 - TOTAL $ 1,867,000 1,873,000 $ 1,498,881 $ 1,931,000 $ 1,953,000 $ 1,097,435 $ 2,074,000 $ - - - - - - -

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
31

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

INFORMATION TECHNOLOGY
5013 TELEPHONE $ 28,000 $ 28,000 $ 29,917 $ 36,000 $ 36,000 $ 22,232 $ 36,000 5021 DUES AND SUBSCRIPTIONS 3,000 3,000 2,405 3,000 3,000 1,679 3,000 5025 MISCELLANEOUS - - 365 - - 74 -
5120.01 PROFESSIONAL SERVICES 425,000 425,000 592,044 500,000 500,000 340,609 500,000 5695 COMPUTER SUPPLIES 20,000 1,000 9,319 15,000 15,000 1,256 15,000 5695.01 COMPUTER SERVICES 100,000 100,000 117,646 88,000 88,000 96,481 115,000 5695.02 COMPUTER EQUIPMENTS 125,000 75,000 8,252 75,000 75,000 14,465 75,000 5695.03 COMPUTER - LICENSES 250,000 250,000 171,985 325,000 325,000 75,426 275,000 5695.04 COMPUTER - SOFTWARE 150,000 150,000 96,056 200,000 200,000 106,567 200,000 TOTAL $ 1,051,000 1,082,000 $ 1,027,988 $ 1,242,000 $ 1,242,000 $ 658,789 $ 1,219,000 $

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
32

Development Services
City of Industry | FY 2025/26 Proposed Budget

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026DEVELOPMENT SERVICES 5001 SALARIES $ 270,000 $ 270,000 $ 280,915 $ 280,000 $ 280,000 $ 212,397 $ 298,000 5001.02 SALARIES-PART-TIME - - - - 116,000 24,497 115,000 5007 VACATION BUYOUT 5,000 - 6,608 - - - -
5013 TELEPHONE 1,000 1,000 371 1,000 1,000 539 1,000
5016 CALPERS - EMPLOYER 24,000 24,000 31,133 25,000 25,000 24,498 26,000 5017 MEDICAL PREMIUMS 65,000 65,000 67,646 75,000 75,000 49,354 82,000 5017.02 MEDICAL REIMBURSEMENTS 8,000 8,000 8,000 8,000 8,000 4,000 8,000 5018 OFFICE SUPPLIES & POSTAGE 1,000 1,000 1,016 10,000 10,000 1,033 4,000 5020 CALPERS - EMPLOYEE 12,000 12,000 12,789 12,000 12,000 9,489 13,000 5021 DUES AND SUBSCRIPTIONS 1,000 1,000 1,130 1,000 1,000 1,217 2,000 5026 EPMC - - - - - - -
5027 MEDICARE 5,000 5,000 4,166 6,000 6,000 3,435 7,000 5028 LIFE INSURANCE 4,000 4,000 3,340 4,000 4,000 2,505 4,000 5030 STATE UNEMPLOYMENT 2,000 2,000 336 2,000 2,000 630 1,000 5031 DISABILITY - - 115 - - - -
5031.01 DISABILITY LONG TERM 2,000 2,000 1,484 2,000 2,000 1,639 2,000 5031.02 DISABILITY SHORT TERM 2,000 2,000 1,013 2,000 2,000 1,226 1,000 5032 STATE EMPLOYMENT & TRAINING TAX 1,000 1,000 14 1,000 1,000 28 - 5033 DENTAL PREMIUMS 6,000 6,000 5,252 6,000 6,000 3,939 5,000 5034 VISION PREMIUMS 1,000 1,000 808 1,000 1,000 606 1,000 5037 ACCIDENTAL DEATH INSURANCE 1,000 1,000 72 1,000 1,000 54 - 5038 SUPPLEMENTAL UNUM INSURANCE 3,000 3,000 2,837 3,000 3,000 2,592 5,000 5039 PARS - EMPLOYER 9,000 9,000 6,064 10,000 10,000 5,393 9,000 5041 1959 SURVIVORS BENEFIT 1,000 1,000 48 - - 33 - 5120.01 PROFESSIONAL SERVICES 1,000,000 1,000,000 1,281,420 1,200,000 1,200,000 672,814 1,200,000 5560 EQUIPMENT RENTAL 5,000 5,000 3,470 5,000 5,000 2,493 5,000 5562 OFFICE EQUIPMENT & FURNITURE - - 1,448 - - - - 5570 PRINTING AND PHOTOGRAPHS 1,000 1,000 240 1,000 1,000 - 1,000 5610 TRAVEL AND MEETINGS 2,000 2,000 5,718 5,000 10,000 10,871 12,000 5631 WORKERS COMPENSATION 4,000 4,000 1,320 4,000 4,000 2,625 6,000 5640 ADVERTISING & PRINTING 2,000 2,000 556 1,000 1,000 2,827 5,000 5665 TUITION REIMBURSEMENT - - - - - - - 5695 COMPUTER SUPPLIES - - 30 - - 36 -
5795 FILING/PERMIT FEES - - - - - 3,142 5,000
TOTAL $ 1,438,000 1,433,000 $ 1,729,359 $ 1,666,000 $ 1,787,000 $ 1,043,913 $ 1,818,000 $ - - - - - - -

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
33

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

ENGINEERING
5001 SALARIES $ 321,000 $ 325,000 $ 239,624 $ 463,000 $ 303,000 $ 182,031 $ 328,000 5001.02 SALARIES - PART - TIME 33,000 - - - - - -
5007 VACATION BUYOUT - 5,000 6,041 5,000 5,000 1,750 -
5010 CAR ALLOWANCE - - - - - - -
5013 TELEPHONE 1,000 1,000 619 1,000 1,000 413 1,000
5016 CAL-PERS - EMPLOYER 27,000 27,000 20,437 35,000 35,000 16,317 25,000 5017 MEDICAL PREMIUMS 81,000 45,000 33,496 112,000 44,000 24,566 82,000 5017.02 MEDICAL REIMBURSEMENTS 6,000 6,000 7,000 8,000 8,000 4,000 8,000 5018 OFFICE SUPPLIES & POSTAGE 1,000 1,000 1,221 2,000 2,000 813 2,000 5021 DUES AND SUBSCRIPTIONS 2,000 2,000 - - 2,000 953 2,000 5025 MISCELLANEOUS - - 400 - - - - 5027 MEDICARE 7,000 7,000 3,566 9,000 9,000 2,665 6,000 5028 LIFE INSURANCE 5,000 5,000 3,247 6,000 6,000 2,505 3,000 5030 STATE UNEMPLOYMENT 2,000 2,000 553 2,000 2,000 308 1,000 5031.01 DISABILITY - LONG TERM 2,000 2,000 1,593 3,000 3,000 1,420 2,000 5031.02 DISABILITY - SHORT TERM 2,000 2,000 1,087 2,000 2,000 1,062 2,000 5032 STATE EMPLOYMENT & TRAINING TAX 1,000 1,000 21 1,000 1,000 14 - 5033 DENTAL PREMIUMS 7,000 7,000 2,407 8,000 8,000 1,969 5,000 5034 VISION PREMIUMS 2,000 2,000 404 2,000 2,000 303 1,000 5037 ACCIDENTAL DEATH INSURANCE 1,000 1,000 70 1,000 1,000 54 - 5038 SUPPLEMENTAL UNUM INSURANCE 2,000 2,000 1,091 2,000 2,000 893 2,000 5039 PARS - EMPLOYER 30,000 20,000 13,119 39,000 17,000 12,181 27,000 5041 1959 SURVIVORS BENEFIT 1,000 1,000 47 1,000 1,000 33 - 5560 EQUIPMENT RENTAL 5,000 5,000 2,840 5,000 5,000 2,067 5,000 5565 SMALL EQUIPMENT & SUPPIES - - 164 3,000 3,000 516 3,000 5570 PRINTING AND PHOTOGRAPHS 1,000 1,000 147 1,000 1,000 76 1,000 5610 TRAVEL AND MEETINGS 10,000 10,000 21,862 20,000 20,000 6,552 20,000 5631 WORKERS COMPENSATION 5,000 5,000 729 7,000 7,000 1,065 4,000 5665 TUITION REIMBURSEMENT 2,000 2,000 - 2,000 2,000 1,336 2,000 TOTAL $ 487,000 557,000 $ 361,785 $ 740,000 $ 492,000 $ 265,861 $ 532,000 $

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
34

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

PLANNING
5011 BOARD SALARIES $ - $ - $ 1,064 $ - $ - $ (1,064) $ - 5017 MEDICAL PREMIUMS 98,000 98,000 91,808 110,000 110,000 67,125 124,000 5017.02 MEDICAL REIMBURSEMENTS 20,000 20,000 20,000 20,000 20,000 10,000 20,000 5018 OFFICE SUPPLIES & POSTAGE - - - - - - - 5021 DUES AND SUBSCRIPTIONS 17,000 17,000 16,733 17,000 17,000 14,000 17,000 5027 MEDICARE 3,000 3,000 800 3,000 3,000 561 3,000
5028 LIFE INSURANCE 6,000 6,000 5,536 6,000 6,000 4,152 6,000 5030 STATE UNEMPLOYMENT 3,000 3,000 1,086 3,000 3,000 394 2,000 5032 STATE EMPLOYMENT & TRAINING TAX 1,000 1,000 42 1,000 1,000 17 - 5033 DENTAL PREMIUMS 9,000 9,000 6,150 9,000 9,000 4,847 8,000 5034 VISION PREMIUMS 2,000 2,000 1,113 2,000 2,000 835 1,000 5037 ACCIDENTAL DEATH INSURANCE 1,000 1,000 120 1,000 1,000 90 - 5038 SUPPLEMENTAL UNUM INSURANCE 15,000 15,000 14,117 15,000 15,000 12,228 22,000 5040 PARS - ARS 3,000 3,000 2,104 3,000 3,000 1,452 2,000 5120.01 PROFESSIONAL SERVICES 700,000 700,000 732,267 775,000 775,000 317,977 750,000 5120.05 PROFESSIONAL SERVICES - REIMBURSABLE D - - 99,060 - - - - 5130 PLANNING, SURVEY AND DESIGN 1,000 1,000 - 1,000 1,000 - - 5410 PLANNING COMMISSION 56,000 56,000 54,239 56,000 60,000 39,775 59,000 5560 EQUIPMENT RENTAL 9,000 9,000 5,043 9,000 9,000 3,778 9,000 5570 PRINTING & PHOTOGRAPHS - - - - - - - 5610 TRAVEL AND MEETINGS 2,000 8,000 2,958 8,000 8,000 - - 5631 WORKERS COMPENSATION 1,000 6,000 3,620 1,000 5,000 5,293 1,000 5640 ADVERTISING AND PRINTING - 5,000 7,012 10,000 10,000 - 10,000 5795 FILING FEES 1,000 1,000 3,292 5,000 5,000 - 5,000
8510 PROPERTY MAINTENANCE - - 48 - - - -
TOTAL $ 964,000 948,000 $ 1,068,210 $ 1,055,000 $ 1,063,000 $ 481,461 $ 1,039,000 $ - - - - - - -

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
35

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

PUBLIC SAFETY
5001.02 SALARIES - PART TIME $ 150,000 $ 100,000 $ 73,826 $ 169,000 $ 169,000 $ 57,908 $ 218,000 5005 OVERTIME 1,000 1,000 - - - 169 - 5006 CA MEAL PREMIUM - - - - - 47 - 5013 TELEPHONE 6,000 6,000 5,730 7,000 7,000 2,234 4,000 5016 CALPERS - EMPLOYER 4,000 4,000 4,341 5,000 5,000 4,186 8,000 5020 CALPERS - EMPLOYEE 3,000 3,000 2,521 3,000 3,000 1,928 - 5025 MISCELLANEOUS - - 38 - - - - 5027 MEDICARE 3,000 3,000 1,072 3,000 3,000 843 5,000 5028 LIFE INSURANCE - - - - - - 1,000
5030 STATE UNEMPLOYMENT 2,000 2,000 336 2,000 2,000 308 2,000 5032 STATE EMPLOYMENT & TRAINING TAX 1,000 1,000 14 1,000 1,000 14 - 5039 PARS - EMPLOYER - - - - - - 9,000 5040 PARS - ARS 6,000 - - 7,000 7,000 - 8,000 5041 1959 SURVIVORS BENEFIT 1,000 1,000 24 1,000 1,000 16 - 5120.01 PROFESSIONAL SERVICES 1,000 1,000 1,020 1,000 1,000 405 1,000 5120.02 LEGAL SERVICES 13,000 30,000 27,578 30,000 30,000 13,044 30,000 5550 REPAIR AND MAINTENANCE EQUIPMENT - - - - - - -
5565 SMALL EQUIPMENT & SUPPLIES - 23,000 22,877 5,000 5,000 - 5,000 5570 PRINTING & PHOTOGRAPHS 8,000 8,000 69 1,000 1,000 2,963 5,000 5610 TRAVEL AND MEETINGS - - 875 - - - - 5631 WORKERS COMPENSATION 3,000 3,000 1,060 3,000 3,000 1,549 3,000 6005 SHERRIFF'S CONTRACT 13,243,000 13,243,000 13,070,268 13,773,000 13,773,000 8,843,820 14,393,000 6030 OTHER LAW ENFORCEMENT - - - - - - - 6040 ANIMAL CONTROL 47,000 47,000 63,704 62,000 67,000 41,351 91,000 6085 PARKING CITATIONS 49,000 49,000 60,003 60,000 60,000 33,759 60,000 6100 PRISONER MAINTENANCE - - - - - - - 6140 SPECIAL SECURITY EXP 679,000 1,129,000 1,213,820 1,175,000 1,175,000 728,110 1,228,000 9020 AUTOMOBILIES - - - - - - -
TOTAL $ 14,654,000 14,220,000 $ 14,549,174 $ 15,308,000 $ 15,313,000 $ 9,732,655 $ 16,071,000 $

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
36

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

PUBLIC WORKS
5120.01 PROFESSIONAL SERVICES $ 30,000 $ 30,000 $ - $ 30,000 $ 30,000 $ - $ - 5130 PLANNING, SURVEY AND DESIGN - - - - 8,000 3,325 8,000 5900 GENERAL ENGINEERING 3,800,000 3,800,000 4,184,894 3,800,000 3,800,000 2,674,634 3,800,000 5905 AERIAL IMAGES AND PHOTOMAPER 30,000 30,000 8,300 30,000 30,000 9,047 15,000 7030 SORMWATER COMPLIANCE/ NPDES - 125,000 501,755 - - - 500,000 7030.01 SEWER SYSTEM MANAGEMENT/NPDES 25,000 25,000 115,715 35,000 35,000 1,905 35,000 8510 PROPERTY MAINTENANCE - - 1,050 1,500 1,500 1,754 3,000 TOTAL $ 3,885,000 4,010,000 $ 4,811,714 $ 3,896,500 $ 3,904,500 $ 2,690,664 $ 4,361,000 $ - - - - - -

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
37

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

PUBLIC WORKS STREETS AND ROADS
5120.01 PROFESSIONAL SERVICES $ 100,000 $ 50,000 $ 209 $ 50,000 $ 50,000 $ 26,257 $ 50,000 5130 PLAN, SURVEY AND DESIGN 40,000 40,000 4,592 20,000 20,000 5,252 10,000 5640 ADVERTISING AND PRINTING 5,000 5,000 - 5,000 5,000 - 5,000 5900 GENERAL ENGINEERING 125,000 125,000 48,324 125,000 125,000 34,730 75,000 7020 STORM DRAINS 50,000 50,000 32,551 60,000 60,000 35,084 80,000 7060 SEWERS 5,000 5,000 2,879 5,000 5,000 2,879 5,000
7200 STREET REPAIRS 250,000 250,000 611,731 400,000 400,000 120,887 300,000 7240 TRAFFIC STRIPING 15,000 15,000 - 15,000 15,000 - 75,000 7250 TRAFFIC SIGNING-NON/ILLUM 20,000 20,000 3,296 15,000 15,000 7,825 15,000 7260 BRIDGE MAINTENANCE 10,000 10,000 - 10,000 10,000 - 75,000 7270 TRAFFIC SIGNAL MAINTENANCE 200,000 200,000 319,571 200,000 200,000 201,014 300,000 7280 HIGHWAY SAFETY LIGHTING MAINTENANCE 50,000 50,000 - 50,000 50,000 11,859 25,000 7290.01 ACCIDENT REPAIR/TRAFFIC 250,000 350,000 495,979 325,000 325,000 132,480 325,000 7290.02 REIMBURSE ACCIDENT REPAIRS - - (45,634) - - (26,950) - 7360 PUMP HOUSE MAINTENANCE 150,000 - 521,962 - - - 250,000 TOTAL $ 1,170,000 1,270,000 $ 1,995,459 $ 1,280,000 $ 1,280,000 $ 551,317 $ 1,590,000 $ - - - - - - -

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
38

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

PUBLIC WORKS OTHER CONTRACT SERVICES
5120.01 PROFESSIONAL SERVICES $ 300,000 $ 300,000 $ 476,716 $ 400,000 $ 400,000 $ 205,490 $ 400,000 7410 PUBLIC ROW (RIGHT OF WAY) MAINTENANCE 4,300,000 4,300,000 4,331,883 4,000,000 4,000,000 2,703,304 4,000,000 7420 TRAFFIC AND STREET SIGNS 50,000 70,000 63,634 70,000 70,000 16,029 40,000 7430 CURB PAINTING AND MEDIANS MAINTENANCE 10,000 10,000 - 10,000 10,000 - 10,000 7450 POWER SWEEPING - STREET - - - - - - - 7450.01 POWER SWEEPING - PARKING LOT - - - - - - -
7455 GRAFFITI REMOVAL 30,000 30,000 34,708 40,000 40,000 25,341 40,000 7520 TRAFFIC SIGNAL 150,000 130,000 90,621 125,000 125,000 59,556 100,0007810 SIGNALS LIGHTING MAINTENANCE 20,000 20,000 23,026 25,000 25,000 5,962 25,000 8510 PROPERTY MAINTENANCE 20,000 20,000 - 10,000 10,000 - - TOTAL $ 4,880,000 4,880,000 $ 5,020,587 $ 4,680,000 $ 4,680,000 $ 3,015,681 $ 4,615,000 $ - - - - - - -

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
39

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

CIVIC-FINANCIAL CENTER EXPENSES
5013 TELEPHONE $ 16,000 $ 16,000 $ 16,046 $ 19,000 $ 19,000 $ 10,941 $ 17,000 5018 OFFICE SUPPLIES & POSTAGE - - - - - - -
5021 DUES AND SUBSCRIPTIONS 4,000 4,000 3,000 4,000 4,000 3,771 6,000 5062 BUILDING MAINTENANCE 68,000 100,000 104,076 136,000 136,000 34,435 100,0005068 LANDSCAPE MAINTENANCE 768,000 768,000 792,460 768,000 768,000 522,929 808,000 5120.01 PROFESSIONAL SERVICES 77,000 77,000 27,259 75,000 75,000 24,875 50,000 5120.02 LEGAL SERVICES 14,000 14,000 18,600 26,000 26,000 4,500 26,000 5130 PLANNING, SURVEY AND DESIGN 90,000 70,000 8,874 - - - - 5220 APPRAISAL FEES - - - - - - - 5550 REPAIR AND MAINTENANCE EQUIPMENT 29,000 40,000 64,211 54,000 24,000 5,246 24,000 5562 OFFICE EQUIPMENT & FURNITURE 2,000 20,000 17,219 25,000 25,000 - 20,000 5565 SMALL EQUIPMENT & SUPPLIES 9,000 9,000 20,007 1,000 10,000 5,431 10,000 5620 VEHICLE EXPENSES 11,000 22,000 29,310 20,000 20,000 7,500 20,000 5695.01 COMPUTER SERVICES - - - - - - - 5695.04 COMPUTER - SOFTWARE 23,000 63,000 51,518 68,000 68,000 42,286 68,000 5730.01 UTILITIES - GAS 14,000 14,000 10,194 12,000 12,000 6,754 12,000 5730.02 UTILITIES - WATER 410,000 410,000 408,849 423,000 423,000 354,533 500,000 5730.03 UTILITIES - ELECTRIC 266,000 266,000 291,293 331,000 331,000 195,656 331,000 5740 PROPERTY TAXES & ASSESSMENTS 544,000 544,000 402,917 629,000 629,000 462,281 550,000 5792 RESOURCE PLANNING - - 2,844 - 8,000 7,407 8,000
5795 FILING/PREMIT FEES - - - - - 180 1,000 5799 LOCAL EMERGENCY DISASTER EXPENSES 16,000 16,000 406 - - 34 1,000 5900 GENERAL ENGINEERING 20,000 40,000 34,824 60,000 60,000 24,084 60,000 6050 HAZARDOUS WASTE - DISPOSAL - 20,000 11,316 15,000 15,000 6,502 15,000 6070.01 REFUSE DISPOSAL FOR THE CITY BUS STOPS 61,000 61,000 57,558 68,000 68,000 43,168 68,000 6120 SECURITY 509,000 509,000 547,657 559,000 559,000 394,143 576,000 8510 PROPERTY MAINTENANCE 250,000 250,000 323,616 250,000 300,000 239,757 330,000 9010 FURNITURE, EQUIPMENT & FIXTURES - - 44,593 - 15,000 9,698 15,000 9020 AUTOMOBILES - - - 3,000 103,000 98,801 -
TOTAL $ 3,333,000 3,201,000 $ 3,288,645 $ 3,546,000 $ 3,698,000 $ 2,504,911 $ 3,616,000 $

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
40

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

INDUSTRY HILLS MAINTENANCE
5013 TELEPHONE $ 2,000 $ 2,000 $ 1,761 $ 3,000 $ 3,000 $ 1,188 $ 2,000 5025 MISCELLANEOUS - - - - - - -
5060 SPECIAL TAXES AND FEES - FUEL STORAGE TANK 2,000 2,000 1,708 2,000 2,000 822 2,000 5062 BUILDING MAINTENANCE - - - - - - - 5062.01 FUEL STATION EXPENSES 7,000 7,000 25,230 15,000 15,000 27,343 30,000 5065 OTHER CONTRACTED SERVICES - - - - - - -
5068 LANDSCAPE MAINTENANCE 311,000 400,000 485,948 453,000 453,000 321,641 467,000 5130 PLANNING, SURVEY AND DESIGN - - - - - - - 5565 SMALL SUPPLIES & EQUIPMENT - - - - - - - 5730.01 UTILITIES - GAS - - - - - - -
5730.03 UTILITIES - ELECTRIC 2,000 2,000 1,524 2,000 2,000 1,016 2,000 5900 GENERAL ENGINEERING 25,000 25,000 35,708 40,000 40,000 22,654 40,000 8510 PROPERTY MAINTENANCE 6,000 6,000 14,842 9,000 9,000 4,795 8,000 8535 LANDFILL GAS/TANKS 201,000 201,000 219,108 219,000 219,000 138,820 215,000 TOTAL $ 645,000 556,000 $ 785,829 $ 743,000 $ 743,000 $ 518,278 $ 766,000 $ - - - - - - -

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
41

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

HABITAT & OPEN SPACE
5013 TELEPHONE $ 3,000 $ 3,000 $ 2,944 $ 4,000 $ 4,000 $ 3,771 $ 6,000 5120.01 PROFESSIONAL SERVICES 4,000 4,000 3,469 4,000 4,000 8,716 10,000 5130 PLANNING, SURVEY AND DESIGN - - - - - - - 5550 REPAIR AND MAINTENANCE EQUIPMENT - - - - 50,000 34,311 50,000 5620 VEHICLE EXPENSES - - 1,200 - 3,000 1,100 3,000 5730.02 UTILITIES - WATER 30,000 30,000 29,209 33,000 33,000 16,251 30,000 5730.03 UTILITIES - ELECTRIC 11,000 11,000 797 5,000 5,000 710 2,000 5900 GENERAL ENGINEERING 75,000 75,000 84,066 80,000 80,000 55,659 80,000 6120 SECURITY 257,000 257,000 284,020 285,000 285,000 200,676 294,000 8510 PROPERTY MAINTENANCE 350,000 500,000 557,717 460,000 560,000 386,225 560,000 9010 FURNITURE, EQUIPMENT & FIXTURES - - - - - - -
TOTAL $ 730,000 $ 880,000 $ 963,421 $ 871,000 $ 1,024,000 $ 707,419 $ 1,035,000 - - - - - - -

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
42

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

STREET LIGHTS
5021 DUES AND SUBSCRIPTIONS $ 1,000 $ 1,000 $ - $ 1,000 $ 1,000 $ - $ - 5025 MISCELLANEOUS 1,000 1,000 - 1,000 1,000 - -
5120.01 PROFESSIONAL SERVICES 3,000 3,000 - 3,000 3,000 - - 5130 PLANNING, SURVEY AND DESIGN 3,000 3,000 - 3,000 3,000 - - 5730.03 UTILITIES - ELECTRIC 450,000 450,000 531,948 500,000 500,000 384,200 530,000 5900 GENERAL ENGINEERING 60,000 60,000 20,481 40,000 65,000 63,854 125,000 6200 CONTRACT LABOR - PROFESSIONAL AND TECHNICAL SERVICES 75,000 75,000 1,577 125,000 125,000 99,626 200,000 8510 PROPERTY MAINTENANCE - - - - - - -
9010 FURNITURE, EQUIPMENT & FIXTURES 150,000 150,000 420,048 100,000 100,000 40,517 250,000 TOTAL $ 743,000 743,000 $ 974,053 $ 773,000 $ 798,000 $ 588,198 $ 1,105,000 $ - - - - - - -

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
43

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

METROLINK DIVISION
5013 TELEPHONE $ 10,000 $ 10,000 $ 9,710 $ 11,000 $ 11,000 $ 6,758 $ 11,000 5021 DUES AND SUBSCRIPTIONS 1,000 1,000 125 1,000 1,000 - 1,000 5025 MISCELLANEOUS 1,000 1,000 - 1,000 1,000 - 1,000 5065 OTHER CONTRACTED SERVICES 35,000 35,000 30,547 35,000 55,000 54,400 75,000 5120.01 PROFESSIONAL SERVICES 20,000 20,000 - 20,000 20,000 - 10,000 5130 PLANNING, SURVERY & DESIGN 1,000 1,000 - 1,000 1,000 237 1,000 5550 REPAIR AND MAINTENANCE EQUIPMENT 15,000 15,000 7,420 15,000 10,000 3,214 10,000 5565 SMALL EQUIPMENTS & SUPPLIES 5,000 5,000 - 5,000 5,000 - 5,000 5695 COMPUTER SUPPLIES 30,000 30,000 22,228 30,000 30,000 21,099 30,000 5695.01 COMPUTER SERVICES 10,000 10,000 - 5,000 5,000 - 5,000 5730.03 UTILITIES - ELECTRIC 140,000 140,000 204,691 200,000 200,000 144,071 200,000 5900 GENERAL ENGINEERING 25,000 25,000 31,774 25,000 40,000 30,101 40,000 6200 CONTRACT LABOR - PROFESSIONAL AND TECHNICAL SERVICES 30,000 30,000 - 30,000 15,000 - 30,000 8510 PROPERTY MAINTENANCE 5,000 5,000 3,226 5,000 5,000 1,229 5,000 9010 FURNITURE, EQUIPMENT & FIXTURES 5,000 5,000 - 25,000 25,000 - 20,000 TOTAL 333,000 333,000 309,719 409,000 424,000 261,109 444,000 - - - - - - -

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
44

Special Revenue Expenditures
City of Industry | FY 2025/26 Proposed Budget

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

STREET IMPROVEMENTS
5900 GENERAL ENGINEERING $ - $ - $ - $ - $ - $ - $ -
7410 PUBLIC ROW (RIGHT OF WAY) MAINTENANCE 17,000 26,000 25,609 28,000 28,000 12,161 34,000 TOTAL $ 17,000 $ 26,000 $ 25,609 $ 28,000 $ 28,000 $ 12,161 $ 34,000 - - - - - - -

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
45

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

MEASURE R
7200 STREET REPAIRS 8,000 $ $ 8,000 $ 8,000 7,223 $ $ 8,000 $ 7,000 2,884 $ TOTAL 8,000 $ 8,000 $ 7,223 $ 8,000 $ 8,000 $ 2,884 $ 7,000 $ - - - - - - -

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
46

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

PROP A FUNDS
5130 PLANNING, SURVEY AND DESIGN $ 34,000 $ 34,000 $ 4,288 $ 85,000 $ 100,000 $ 106,193 $ 140,000 5205 CONSTRUCTION COST - - - 60,000 60,000 - 350,000
5570 PRINTING AND PHOTOGRAPHS ` - - - - - -
5730.02 UTILITIES - WATER 5,000 5,000 3,744 5,000 5,000 2,880 5,000 5730.03 UTILITIES - ELECTRIC 3,000 3,000 2,903 4,000 4,000 2,105 4,000 5900 GENERAL ENGINEERING 88,000 88,000 175,360 60,000 100,000 152,695 150,000 6120 SECURITY 111,000 111,000 137,340 145,000 145,000 107,160 149,000 8510 PROPERTY MAINTENANCE 7,000 7,000 8,142 10,000 10,000 6,226 10,000 TOTAL $ 248,000 248,000 $ 331,777 $ 369,000 $ 424,000 $ 377,258 $ 808,000 $ - - - - - - -

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
47

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

PROP C FUND
5130 PLANNING, SURVEY AND DESIGN 11,000 $ 11,000 $ 9,634 $ 11,000 $ 11,000 $ 3,846 $ 10,000 $ TOTAL 11,000 $ 11,000 $ 9,634 $ 11,000 $ 11,000 $ 3,846 $ 10,000 $ - - - - - - -

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
48

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

MEASURE M
7020 STORM DRAINS 9,000 $ 9,000 $ 8,156 $ 9,000 $ $ 9,000 $ 8,000 - $ TOTAL 9,000 $ 9,000 $ 8,156 $ 9,000 $ 9,000 $ - $ 8,000 $ - - - - - - -

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
49

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

MEASURE W
5120.01 PROFESSIONAL SERVICES - $ - $ - $ - $ $ - $ 5,000 15,000 $ 5130 PLANNING, SURVEY, AND DESIGN 90,000 90,000 398,684 200,000 200,000 185,937 150,000 5205 CONSTRUCTION COSTS 250,000 250,000 127,862 1,450,000 700,000 - 4,250,000 5640 ADVERTISING AND PRINTING - - - - - - -
5900 GENERAL ENGINEERING 250,000 250,000 5,415 10,000 10,000 9,179 5,000 7020 STORM DRAINS 50,000 50,000 - 175,000 175,000 41,852 - 7030 STORMWATER COMPLIANCE/NPDES 384,000 384,000 (26,368) 710,000 710,000 369,051 - 7030.01 SEWER SYSTEM MANAGEMENT - NPDES - - 2,954 - - - - 7360 PUMP HOUSE MAINTENANCE 50,000 (264,799) 50,000 150,000 150,000 207,497 - TOTAL 1,074,000 $ 1,074,000 $ 243,748 $ 2,695,000 $ 1,945,000 $ 828,515 $ 4,410,000 $ - - - - - - -

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
50

Fiduciary/Debt Service
City of Industry | FY 2025/26 Proposed Budget

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

DEBT SVC- CITY OF INDUSTRY
5120.01 PROFESSIONAL SERVICES $ 700 $ 700 $ 7,500 $ 700 $ 700 $ - $ - 9450.19 2010 REFUNDING BOND -PRIN - - - - - - -
9450.22 2014 REFUNDING BOND -PRIN - - - - - - -
9450.23 2015 A SR. SALES TAX REVENUE REFUNDING BOND (PRINCIPAL) 2,200,000 2,200,000 2,200,000 2,270,000 2,270,000 2,270,000 2,345,000 9450.24 2015B SUBORDINATE SALES TAX REVENUE BOND (PRINCIPAL) 615,000 615,000 615,000 645,000 645,000 - 680,000 9450.25 CITY - 2017 SALES TAX REVENUE REFUNDING BOND (PRINCIPA) 3,490,000 3,490,000 3,490,000 3,595,000 3,595,000 3,595,000 3,715,000 9451.19 2010 GOB REFUNDING BOND -INT - - - - - - -
9451.22 CITY - 2014 GOB REFUNDING BOND (INTEREST) - - - - - - - 9451.23 2015 A SR. SALES TAX REVENUE REFUNDING BOND (INTEREST) 16,062,000 16,062,000 16,061,913 15,990,500 15,990,500 15,990,413 15,911,000 9451.24 2015B SUBORDINATE SALES TAX RERVENUE BOND (INTEREST) 3,592,600 3,592,600 3,592,510 3,561,800 3,561,800 1,780,880 3,528,000 9451.25 CITY - 2017 SALES TAX REVENUE REFUNDING BOND (INTEREST) 485,600 485,600 485,506 376,500 376,500 376,444 260,000 9452 BOND ISSUANCE COSTS - - 128,848 - - - -
9750 FISCAL AGENT FEES 7,500 7,500 7,700 7,500 7,500 5,500 - TOTAL $ 26,453,400 26,453,400 $ 26,588,977 $ 26,447,000 $ 26,447,000 $ 24,018,236 $ 26,439,000 $ (10,115,200) (10,115,200) (10,109,081) (37,946,700) (37,946,700) (40,493,961) (7,816)

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
51

Industry Public Facilities
Authority (IPFA)City of Industry | FY 2025/26 Proposed Budget

INDUSTRY PUBLIC FACILITY AUTHORITY

PROPOSED ANNUAL BUDGET

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026 IPFA
4300.03 US BANK INTEREST INCOME $ 500,000 $ 500,000 $ - $ - $ - $ - $ - 4300.04 GAIN/LOSS - - 75,768 - - (282,112) -
4300.05 INTEREST INCOME - CITY LOAN 3,593,000 3,593,000 3,581,444 3,562,000 3,562,000 1,780,880 3,528,000 4307 INTEREST INCOME SA IUDA BOND - - - - - - -
IPFA TOTAL $ 4,093,000 4,093,000 $ 3,657,212 $ 3,562,000 $ 3,562,000 $ 1,498,768 $ 3,528,000 $ (7,046,200) (7,046,200) 4,259,593 (2,153,850) (2,153,850) (621,747) (534,000)

REVENUE SUMMARY BY FUND
52

INDUSTRY PUBLIC FACILITY AUTHORITY

PROPOSED ANNUAL BUDGET

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

IPFA EXPENDITURES
5120.01 PROFESSIONAL SERVICES $ 7,000 7,000 $ 7,500 $ 7,000 $ 7,000 $ 7,480 $ 8,000 $ 5120.03 ACCOUNTING SERVICES - - - - - - -
5710 LEASE OBLIGATION- PFA - - - - - - -
9450.24 2015B SUBORDINATE SALES TAX REVENUE BOND (PRINCIPAL) 615,000 615,000 - - - - - 9451.24 2015B SUBORDINATE SALES TAX RERVENUE BOND (INTEREST) 3,592,600 3,592,600 3,581,444 3,562,000 3,562,000 1,780,880 3,528,000 9452 BOND INSURANCE COSTS - - - - - - -
9454 REDEMPTION PREMIUM - - - - - - -
9470.01 2015 A PROJ # 1 TAX ALLOC REV REFUNDING BOND TAXABLE-PRINCIPAL - - - - - - - 9470.02 2015 A PROJ # 2 TAX ALLOC REV REFUNDING BOND TAX EXEMP-PRINCIPAL - - - - - - - 9470.03 2015 B PROJ # 2 TAX ALLOC REV REFUNDING BOND TAXABLE -PRINCIPAL - - - - - - - 9470.05 2015 A PROJ # 3 TAX ALLOC REV REFUNDING BOND TAX EXEMP-PRINCIPAL - - - - - - - 9470.06 2015 B PROJ # 3 TAX ALLOC REV REFUNDING BOND TAXABLE -PRINCIPAL - - - - - - - 9471.01 2015 A PROJ # 1 TAX ALLOC REV REFUNDING BOND TAXABLE-INTEREST - - - - - - - 9471.02 2015 A PROJ # 2 TAX ALLOC REV REFUNDING BOND TAX EXEMP-INTEREST - - - - - - - 9471.03 2015 B PROJ # 2 TAX ALLOC REV REFUNDING BOND TAXABLE -INTEREST - - - - - - -9471.05 2015 A PROJ # 3 TAX ALLOC REV REFUNDING BOND TAX EXEMP-INTEREST - - - - - - - 9471.06 2015 B PROJ # 3 TAX ALLOC REV REFUNDING BOND TAXABLE -INTEREST - - - - - - - 9750 FISCAL AGENT FEES 2,200 2,200 - 2,200 2,200 - -
TOTAL $ 4,216,800 4,216,800 $ 3,588,944 $ 3,571,200 $ 3,571,200 $ 1,788,360 $ 3,536,000 $ (83,978,800) (83,978,800) (86,166,071) (23,618,700) (23,618,700) (23,676,460) (680,710) 53

Successor Agency to the IUDA
(SA)City of Industry | FY 2025/26 Proposed Budget

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

SUCCESSOR AGENCY
ADMINISTATION - 220 $ 100 100 $ - $ - $ - $ - $ - $
PROJECT AREA # 1 - 221 2,000 2,000 255 - - 81 -
PROJECT AREA #2 - 222 14,825,000 14,825,000 41,673,585 29,532,000 29,532,000 30,077,672 31,018,000 PROJECT AREA # 3 - 223 - - - - - - -
LAND - 231 503,000 503,000 2,039,946 1,003,000 1,003,000 1,190,066 1,000,000DEBT SERVICES / PROJECT AREA #1 - 241 - - 128,311 - - - - DEBT SERVICES / PROJECT AREA #2 - 242 - - 1 - - - -
DEBT SERVICES / PROJECT AREA #3 - 243 - - 1 - - - -
TOTAL SUCCESSOR AGENCY $ 15,330,100 $ 15,330,100 $ 43,842,100 $ 30,535,000 $ 30,535,000 $ 31,267,819 $ 32,018,000

SUCCESSOR AGENCY

PROPOSED ANNUAL BUDGET

REVENUE SUMMARY BY FUND
54

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026 SUCCESSOR AGENCYADMINSTRATION - 220
BANK INTEREST INCOME $ 100 $ 100 $ - $ - $ - $ - $ -
SA ADMINSTATION TOTAL $ 100 100 $ - $ - $ - $ - $ - $
- - - (100) (100) - -
PROJECT AREA #1 - 221
BANK INTEREST INCOME $ 2,000 $ 2,000 $ 255 $ - $ - $ 77 $ - INVESTMENT INTEREST INCOME - - - - - 4 -LOAN INTEREST INCOME - - - - - - -RENTAL INCOME - - - - - - -

OTHER INCOME - - - - - - -
PROJECT AREA # 1 TOTAL $ 2,000 2,000 $ 255 $ - $ - $ 81 $ - $ (111,600) (111,600) (44,623) (113,800) (113,800) (17,429,194) (2,000) PROJECT AREA #2 - 222
BANK INTEREST INCOME $ - $ - $ 3,631,340 $ - $ - $ 3,792,136 $ 600,000 INVESTMENT INTEREST INCOME - - 394,745 - - - -
RENTAL INCOME 14,825,000 14,825,000 37,647,500 29,532,000 29,532,000 22,065,698 30,418,000 OTHER INCOME - - - - - 4,219,838 -
PROJECT AREA #2 TOTAL $ 14,825,000 14,825,000 $ 41,673,585 $ 29,532,000 $ 29,532,000 $ 30,077,672 $ 31,018,000 $ #REF! #REF! #REF! #REF! #REF! #REF! 16,193,000
PROJECT AREA #3 - 223
INVESTMENT INTEREST INCOME $ - $ - $ - $ - $ - $ - $ -
PROJECT AREA #3 TOTAL $ - - $ - $ - $ - $ - $ - $
(76,300) (76,300) (919) (400) (400) (0) -
LAND - 231
BANK INTEREST INCOME $ 500,000 $ 500,000 $ 2,001,295 $ 1,000,000 $ 1,000,000 $ 1,022,857 $ 1,000,000 INVESTMENT INTEREST INCOME 3,000 3,000 13,933 3,000 3,000 167,209 -OTHER INCOME - - 24,718 - - - - LAND TOTAL $ 503,000 503,000 $ 2,039,946 $ 1,003,000 $ 1,003,000 $ 1,190,066 $ 1,000,000 $ - - (4,409,209) 500,000 500,000 642,831 1,000,000
RPTTF - 240
Property Tax Trust Fund $ - $ - $ - $ - $ - $ - $ -
Property Tax Trust Fund - Move to Project Area - - - - - - - RPTTF TOTAL $ - $ - $ - $ - $ - $ - $ -
- - - - - - -
DEBT SERVICE PROJECT AREA #1
PROPERTY TAX TRUST FUND - PROJECT 1 $ - $ - $ - $ - $ - $ - $ - US BANK INTEREST INCOME - - 128,311 - - - -
DEBT SERVICE PROJECT AREA #1 TOTAL $ - - $ 128,311 $ - $ - $ - $ - $ (51,738,900) (51,738,900) - (23,382,945) - (173,996)
DEBT SERVICE PROJECT AREA #2
PROPERTY TAX TRUST FUND - PROJECT 2 $ - $ - $ - $ - $ - $ - $ - US BANK INTEREST INCOME - - 1 - - - -
DEBT SERVICE PROJECT AREA #2 TOTAL $ - - $ 1 $ - $ - $ - $ - $ (14,055,800) (14,055,800) (5,335,339) - - (3) -
DEBT SERVICE PROJECT AREA #3
PROPERTY TAX TRUST FUND - PROJECT 3 $ - $ - $ - $ - $ - $ - $ - US BANK INTEREST INCOME - - 1 - - $ - -
DEBT SERVICE PROJECT AREA #3 TOTAL $ - - $ 1 $ - $ - $ - $ - $ (8,439,237.00) (8,439,237.00) (5,166,733.11) (9,384,300.00) - - - TOTAL SUCCESSOR AGENCY 15,330,100 $ 15,330,100 $ 43,842,100 $ 30,535,000 $ 30,535,000 $ 31,267,819 $ 32,018,000 $

SUCCESSOR AGENCY

PROPOSED ANNUAL BUDGET

REVENUE SUMMARY BY FUND
55

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026 FUND 220
5432 SA IUDA ADMINISTRATION EXPENSES $ 523,000 $ 522,408 523,000 $ 14,000 $ $ 14,000 $ 14,000 13,060 $ SA ADMINSTATION TOTAL $ 523,000 $ 523,000 $ 522,408 $ 14,000 $ 14,000 $ 13,060 $ 14,000 FUND 222
5100 ADMINISTRATIVE COSTS
5120.01 PROFESSIONAL SERVICES $ - $ 127,781 - $ - $ $ - $ - 16,689 $ 5130 PLANNING, SURVEY AND DESIGN - 461,391 - - - - 524,549 5200 PROJECT IMPROVEMENT COSTS 28,443,100 5,800,857 28,443,100 40,425,700 40,425,700 33,568,000 5,010,567 5640 ADVERTISING AND PRINTING - - - - - - 2,278
5730.02 UTILITIES - WATER 240,000 156,659 240,000 240,000 240,000 - 56,978 5730.03 UTILITIES - ELECTRIC - 2,924 - - - - 10,168
5900 GENERAL ENGINEERING - 1,248,133 - - - - 558,565
8510 PROPERTY MAINTENANCE - 3,484 - - - - 3,727
PROJECT AREA #2 TOTAL $ 28,683,100 $ 28,683,100 $ 7,801,228 $ 40,665,700 $ 40,665,700 $ 6,183,520 $ 33,568,000 FUND 241
9470.01 2015 A PROJ # 1 TAX ALLOC REV REFUNDING BOND TAXABLE-PRINCIPAL $ - $ - - $ - $ $ - $ - - $ 9470.02 2015 A PROJ # 1 TAX ALLOC REV REFUNDING BOND TAXABLE-INTEREST - - - - - - - DEBT SERVICE PROJECT AREA #1 TOTAL $ - $ - $ - $ - $ - $ - $ - $ (37,412,900) $ (37,412,900) $ (24,774,731) $ (22,024,400) $ (22,024,400) $ (21,835,283) $ - FUND 242
9470.02 2015 A PROJ # 2 TAX ALLOC REV REFUNDING BOND TAX EXEMP-PRINCIPAL $ - $ - - $ - $ $ - $ - - $ 9470.03 2015 B PROJ # 2 TAX ALLOC REV REFUNDING BOND TAXABLE -PRINCIPAL - - - - - - - 9471.02 2015 A PROJ # 2 TAX ALLOC REV REFUNDING BOND TAX EXEMP-INTEREST - - - - - - - 9471.03 2015 B PROJ # 2 TAX ALLOC REV REFUNDING BOND TAXABLE -INTEREST - - - - - - - DEBT SERVICE PROJECT AREA #2 TOTAL $ - $ - $ - $ - $ - $ - $ - $ (19,454,600) $ (19,454,600) $ (5,267,512) $ - $ - $ - $ - FUND 243
9470.05 2015 A PROJ # 3 TAX ALLOC REV REFUNDING BOND TAX EXEMP-PRINCIPAL $ - $ - - $ - $ $ - $ - - $ 9470.06 2015 B PROJ # 3 TAX ALLOC REV REFUNDING BOND TAXABLE -PRINCIPAL - - - - - - - 9741.05 2015 A PROJ # 3 TAX ALLOC REV REFUNDING BOND TAX EXEMP-INTEREST - - - - - - - 9471.06 2015 B PROJ # 3 TAX ALLOC REV REFUNDING BOND TAXABLE -INTEREST - - - - - - - DEBT SERVICE PROJECT AREA #3 TOTAL $ - $ - $ - $ - $ - $ - $ - TOTAL SUCCESSOR AGENCY 29,206,100 $ 29,206,100 $ 8,323,636 $ 40,679,700 $ 40,679,700 $ 6,196,580 $ 33,582,000 $

SUCCESSOR AGENCY

PROPOSED ANNUAL BUDGET
56

Civic Recreational Industrial
Authority (CRIA)City of Industry | FY 2025/26 Proposed Budget

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026 CRIA
4300.02 INVESTMENT INTEREST 2,000 $ 2,000 $ 3,581 $ 4,000 $ $ 4,000 $ 5,000 3,114 $ 4340 RENTAL INCOME 1,000 1,000 - - - - 4
CRIA TOTAL $ 3,000 $ 3,000 $ 3,581 $ 4,000 $ 4,000 $ 3,118 $ 5,000

EXPO SPEEDWAY
8142 BAR SALES $ 60,700 $ - $ - $ - $ - $ - $ -
8156 VENDOR FEE 2,100 - - - - - -
8157 PARKING FEES 20,900 - - - - - -
EXPO SPEEWAY TOTAL $ 83,700 $ - $ - $ - $ - $ - $ -
- - - - - - -

EXPO BANQUET
4440 MISCELLANEOUS INCOME $ - - $ 3,778.67 $ 400.00 $ $ 900.00 $ 6,000.00 11,880.00 $ 8141 BANQUET RENTALS 136,600 123,500 265,471 212,800 238,000 203,038 243,000 8142 BAR SALES 127,700 103,400 235,979 181,900 219,100 154,935 224,000 8164 SECURITY REVENUE 26,900 29,000 50,789 43,000 46,600 33,683 59,000 8165 CONCESSION SALES 900 900 1,534 1,300 1,600 1,247 2,000 8168 EQUIPMENT RENTAL - BANQUET 400 400 3,490 1,300 2,800 6,509 10,000 8189 BANQUET TULIP INS 3,900 7,900 9,500 7,300 8,500 6,465 11,000 EXPO BANQUET TOTAL $ 296,400 $ 265,100 $ 570,542 $ 448,000 $ 517,500 $ 417,756 $ 555,000 - - - - - - -

EXPO GRAND ARENA
4444 MISCELLANEOUS ARENA INCOME - $ 22,900 $ 19,394 $ 20,800 $ $ 20,000 $ 12,000 9,580 $ 8035 SHOW BARN STALL RENTAL 65,900 75,100 64,585 79,100 51,400 29,885 58,000 8042 LIGHTING 7,100 16,600 23,089 19,000 21,700 17,413 30,000 8044 AUDIO/VIDEO TECH SUPPORT 1,000 - - - 5,000 5,000 5,000 8045 RV PARKING 12,800 43,600 55,210 57,600 66,200 58,252 68,000 8046 GROUND PREP FEE - - 2,000 2,600 1,300 - 2,000
8142 BAR SALES 329,800 453,400 467,122 502,600 382,600 221,319 391,000 8151 ARENA RENTALS 181,000 194,400 180,878 182,600 182,900 128,500 187,000 8153 SHAVINGS SALES 6,000 6,000 3,963 5,400 6,800 4,123 5,000 8155 CLEAN UP & TEAR DOWN FEES 7,000 29,500 36,958 32,200 39,700 26,838 49,000 8156 VENDOR FEE 26,900 57,700 43,205 45,600 46,300 24,916 42,000 8157 PARKING FEES 135,200 298,900 254,561 261,200 262,300 160,538 277,000 8158 OUTDOOR ARENA 2,800 9,600 4,000 4,200 8,000 5,900 7,000 8164 SECURITY REVENUE 42,500 84,900 87,758 77,900 82,800 56,545 106,000 8165 CONCESSION SALES 7,300 - - 200 100 - -
8168 EQUIPMENT RENTAL - BANQUET 9,300 14,000 12,742 12,000 14,600 9,045 15,000 8225 STAND BY OUTSIDE SERVICE FOR ARENA - - 9,246 2,200 1,100 - 7,000 EXPO GRAND ARENA TOTAL $ 834,600 $ 1,306,600 $ 1,264,709 $ 1,305,200 $ 1,192,800 $ 757,854 $ 1,261,000 - - - - - - -

EXPO ADMINISTRATIVE ACCOUNT
4440 MISCELLANEOUS INCOME $ 1,100 $ 100 $ 706 $ 1,200 $ 800 $ 1,245 $ 1,000 EXPO ADMINISTRATIVE TOTAL $ 1,100 $ 100 $ 706 $ 1,200 $ 800 $ 1,245 $ 1,000 - - - - - - -
TOTAL EXPO CENTER $ 1,218,800 $ 1,574,800 $ 1,839,538 $ 1,758,400 $ 1,715,100 $ 1,179,973 $ 1,822,000

CIVIC RECREATIONAL INDUSTRIAL AUTHORITY AND EXPO CENTER

PROPOSED ANNUAL BUDGET

REVENUE SUMMARY BY FUND
57

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

CRIA ADMINISTRATION CITY
5011 BOARD SALARIES $ 45,000 45,000 $ 44,242 $ 45,000 $ 48,000 $ 34,509 $ 47,000 $ 5012 GENERAL INSURANCE AND BONDING - - - - - - -
5015 PAYROLL TAXES - - - - - - -5018 OFFICE SUPPLIES & POSTAGE - - 261 - - - -5025 MISCELLANEOUS - - 339 - - - -5027 MEDICARE 1,000 1,000 642 1,000 1,000 500 1,000 5030 STATE UNEMPLOYMENT 3,000 3,000 - 3,000 3,000 - 2,000 5032 STATE EMPLOYMENT & TRAINING TAX 1,000 1,000 - 1,000 1,000 - - 5040 PARS - ARS 2,000 2,000 1,659 2,000 2,000 1,294 2,000 5068 LANDSCAPE MAINTENANCE 950,000 950,000 838,128 950,000 950,000 342,055 950,000 5120.01 PROFESSIONAL SERVICES 235,000 235,000 171,388 235,000 335,000 231,946 335,000 5120.02 LEGAL SERVICES 16,000 16,000 7,040 16,000 16,000 4,589 16,000 5120.04 ACCOUNTING SERVICES 2,000 2,000 1,378 2,000 2,000 1,343 2,000 5130 PLANNING, SURVEY AND DESIGN 1,000 1,000 66 - - - -5565 SMALL EQUIPMENTS & SUPPLIES 1,000 1,000 1,593 2,000 2,000 1,091 2,000 5570 PRINTING AND PHOTOGRAPHS - - - - - 663 1,000
5620 VEHICLE EXPENSES 8,000 8,000 10,478 10,000 10,000 4,574 10,000 5631 WORKERS COMPENSATION 1,000 1,000 - 1,000 1,000 - 1,000 5730.01 UTILITIES - GAS - - - - - - -
5730.02 UTILITIES - WATER 20,000 20,000 26,851 28,000 28,000 16,190 28,000 5900 GENERAL ENGINEERING 200,000 200,000 172,101 200,000 200,000 105,629 200,000 6120 SECURITY 491,000 491,000 631,451 626,000 658,896 443,256 679,000 6050 HAZARDOUS WASTE DISPOSAL - - - - - - 15,0008510 PROPERTY MAINTENANCE 212,000 212,000 342,144 300,000 400,000 270,775 400,000 9010 FURNITURE, EQUIPMENT & FIXTURES - - 1,648 5,000 5,000 - 2,000 9060 RECLAIMED WATER SYSTEMS - - 14,963 15,000 15,000 15,313 22,000 TOTAL 2,189,000 $ 2,189,000 $ 2,266,371 $ 2,442,000 $ 2,677,896 $ 1,473,727 $ 2,715,000 $ - - - - - - -

CIVIC RECREATIONAL INDUSTRY AUTHORITY AND EXPO CENTER

PROPOSED ANNUAL BUDGET
58

CIVIC RECREATIONAL INDUSTRY AUTHORITY AND EXPO CENTER

PROPOSED ANNUAL BUDGET

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

CRIA SPEEDWAY
5756 AUDIO/VIDEO $ - 1,900 $ - $ - $ - $ - $ - $
5761 COST OF ALCOHOL - 20,600 - - - - -
5790 MISCELLANEOUS 300 - - - - - -
6145 RIDER PRIZE MONEY PAYOUT - - - - - - -
6225 OUTSIDE SERVICE 700 - 1,000 - - - -
TOTAL $ - 23,500 $ 1,000 $ - $ - $ - $ - $
- - - - - - -

CRIA BANQUET
5550 REPAIR AND MAINTENANCE EQUIPMENT - $ 1,300 $ 546 $ 600 $ 300 $ - $ - $ 5560 EQUIPMENT RENTAL 2,200 2,200 2,364 2,200 2,100 930 3,000 5630 INSURANCE & BOND 2,400 1,100 1,000 1,100 - - -
5745 SALES TAX - EXPO CENTER - 4,300 1,856 - 700 628 2,000 5750 SUPPLIES 15,500 14,000 15,361 16,700 16,700 10,064 16,000 5754 BAR SUPPLIES 1,000 400 680 500 900 950 1,000
5757 PROMOTIONAL EXPENSES - - 161 700 400 - -
5761 COST OF ALCOHOL 33,900 40,300 67,488 52,400 40,500 54,520 77,000 5790 MISCELLANEOUS - - 212 900 10,800 10,372 11,000
6140 SPECIAL SECURITY EXP 36,100 32,300 66,349 52,800 56,600 34,770 59,000 6220 CONTRACT LABOR 245,300 245,300 295,042 284,500 316,800 185,657 307,0006225 OUTSIDE SERVICE 30,700 30,700 24,124 17,000 33,500 19,394 37,000 8510 PROPERTY MAINTENANCE 1,000 - 130 5,600 2,800 1,475 3,000 9010 FURNITURE, EQUIPMENT & FIXTURES - 17,800 14,256 22,600 22,600 25,445 37,000 TOTAL $ 389,900 367,900 $ 489,571 $ 457,600 $ 504,700 $ 344,206 $ 553,000 $

CRIA GRAND ARENA
5560 EQUIPMENT RENTAL $ 16,700 - $ 27,641 $ 15,900 $ $ 18,800 $ 30,000 12,885 $ 5750 SUPPLIES 25,200 21,600 25,827 22,900 30,200 23,785 36,000 5753 CONCESSION SUPPLIES - - - - - - -
5754 BAR SUPPLIES 5,000 10,300 6,927 5,300 6,600 3,980 7,000 5756 AUDIO/VIDEO 1,700 - - - - - -
5757 PROMOTIONAL EXPENSES 400 20,400 18,787 18,900 9,500 - 10,000 5761 COST OF ALCOHOL 116,500 101,800 127,626 119,900 108,200 62,971 110,000 5762 COST OF SHAVINGS 5,600 5,600 3,004 4,400 5,200 2,964 4,000 5763 COST OF FEED - 900 367 400 - - -
5780 BAD DEBT EXPENSE 9,900 9,900 - - - - -
5790 MISCELLANEOUS 1,300 2,800 3,222 3,400 1,900 240 2,000 5800 CONTRACT LABOR - CONCESSIONS - - - - - - -
6140 SPECIAL SECURITY EXP 72,200 62,700 92,809 97,500 87,200 62,052 115,000 59

CIVIC RECREATIONAL INDUSTRY AUTHORITY AND EXPO CENTER

PROPOSED ANNUAL BUDGET

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026 6145 RIDER PRIZE MONEY PAYOUT - 2,800 2,800 - - - -
6220 CONTRACT LABOR 198,800 189,600 204,379 205,700 203,600 117,152 197,000 6225 OUTSIDE SERVICE 113,900 71,500 110,335 106,100 68,700 43,092 86,000 8154 CONCESSION FEES - - - - - - -
8510 PROPERTY MAINTENANCE - 6,700 5,749 6,000 15,100 12,122 14,0009010 FURNITURE, EQUIPMENT & FIXTURES 14,300 800 21,263 13,500 17,300 10,521 18,000 TOTAL $ 617,000 471,900 $ 650,739 $ 619,900 $ 572,300 $ 351,764 $ 629,000 $ - - - - -

CRIA ADMIN ACCOUNT
4441.01 CASH SHORT/OVER - $ (1,200) $ (538) $ - $ $ 200 $ - 85 $ 5120 OUTSIDE SERVICES 59,700 59,700 53,744 70,600 126,400 103,000 81,199 5330 COMPUTER SOFTWARE & SUPPLIES - 9,300 6,420 5,300 19,000 18,000 14,927 5550 REPAIR AND MAINTENANCE EQUIPMENT 300 - 108 700 600 - 219 5560 EQUIPMENT RENTAL 13,500 12,600 11,876 12,200 10,100 11,000 6,488 5610 TRAVEL AND MEETINGS 1,100 1,100 232 1,200 700 - 100 5640 ADVERTISING AND PRINTING - - - - - - -
5690 DUES, SUBSCRIPTIONS, BOOKS, ETC 32,900 32,900 23,284 25,400 21,400 17,000 10,0975720 TELEPHONE 8,800 10,200 10,794 11,000 10,900 11,000 9,892 5731 POSTAGE 1,100 1,800 1,247 1,000 1,200 3,000 1,776
5750 SUPPLIES 30,800 30,800 23,925 27,500 26,800 26,000 12,8635770 BANK FEES 31,500 22,300 28,952 22,700 20,900 34,000 17,366 5790 MISCELLANEOUS 4,000 4,000 1,077 1,200 3,600 5,000 2,942 6220 CONTRACT LABOR 187,000 302,100 186,046 175,900 227,300 224,000 137,9909010 FURNITURE, EQUIPMENT & FIXTURES - 2,300 6,316 7,700 6,400 3,950 4,000 TOTAL $ 382,200 476,400 $ 353,481 $ 362,400 $ 475,500 $ 299,893 $ 456,000 $ - - - - - - -

CRIA GENERAL ACCOUNT
5120 OUTSIDE SERVICES $ 261,000 305,100 $ 253,702 $ 286,800 $ $ 245,200 $ 251,000 125,224 $ 5550 REPAIR AND MAINTENANCE EQUIPMENT 9,400 9,400 3,482 3,700 1,900 4,000 - 5620 VEHICLE EXPENSES 43,400 15,700 37,363 47,100 37,900 30,000 20,146 5630 INSURANCE & BOND 14,400 14,400 13,491 14,000 11,800 14,000 8,128 5720 TELEPHONE 6,700 6,700 6,882 7,100 7,400 8,000 3,775 5750 SUPPLIES 14,200 11,700 15,239 16,200 16,400 16,000 9,971 5790 MISCELLANEOUS - - 211 300 200 - 72
6220 CONTRACT LABOR 242,100 205,400 233,726 226,000 293,900 301,000 146,902 6325 DEPRECIATION - - 497,021 - - - -
8040 UTILITIES 321,300 222,900 234,807 235,300 290,200 297,000 160,626 8510 PROPERTY MAINTENANCE 156,300 177,100 150,960 151,700 152,400 166,000 90,858 9010 FURNITURE, EQUIPMENT & FIXTURES 900 11,100 1,662 700 400 - 1,000 TOTAL $ 1,079,900 969,300 $ 1,448,545 $ 988,900 $ 1,057,700 $ 565,702 $ 1,088,000 $ TOTAL EXPO CENTER 2,309,000 $ 2,469,000 $ 2,943,336 $ 2,428,800 $ 2,610,200 $ 1,561,565 $ 2,726,000 $ 60

Industry Public Utilities
Commission (IPUC)City of Industry | FY 2025/26 Proposed Budget

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
REVENUE SUMMARY BY FUND 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

IPUC -ELECTRICITY
4103.01 ELECTRICITY SALE - LARGE COMMERCIAL $ 4,158,000 $ 4,158,000 $ 3,564,046 $ 3,822,000 $ 3,822,000 $ 2,580,447 $ 4,660,000 4103.02 ELECTRICITY SALE - LARGE GENERAL SERVICES 1,155,000 1,155,000 1,496,136 1,453,000 1,453,000 999,164 1,740,000 4103.03 ELECTRICITY SALE - SMALL COMMERCIAL 97,000 97,000 156,387 148,000 148,000 108,434 185,000 4103.04 ELECTRICITY SALE - RESIDENTIAL 17,000 17,000 17,656 17,000 17,000 10,870 17,000 4103.05 ELECTRICITY SALES BAD DEBT - - - - - - - 4103.06 ELECTRIC - ENERGY SETTLEMENT - 800,000 759,350 693,000 693,000 662,315 1,542,000 4104 ELECTRIC METER REVENUE - - - - - - -
4300.02 INVESTMENT INTEREST INCOME 148,000 398,000 420,214 398,000 398,000 295,155 400,000 4355 OTHER INCOME 1,000 1,000 5,694,611 - - 1,102 -
IPUC - ELECTRIC TOTAL $ 5,576,000 $ 6,626,000 $ 12,108,399 $ 6,531,000 $ 6,531,000 $ 4,657,486 $ 8,544,000 - - - - - - -

IPUC - RECLAIMED WATER
4115 RECLAIMED WATER SALES $ 914,000 $ 914,000 $ 1,211,043 $ 784,000 $ 784,000 $ 629,888 $ 866,000 4116 RECLAIMED WATER SYSTEM - CIP 221,000 221,000 152,958 175,000 175,000 142,051 196,000 4300.02 INVESTMENT INTEREST INCOME 78,000 278,000 280,220 278,000 278,000 235,518 324,000 4355 OTHER INCOME - - 184,795 8,300 8,300 2,637 5,000
IPUC - RECLAIMED WATER TOTAL $ 1,213,000 $ 1,413,000 $ 1,829,016 $ 1,245,300 $ 1,245,300 $ 1,010,095 $ 1,391,000 - - - - - - -

IPUC - PORTABLE WATER
4000 WATER SALE $ 1,322,500 $ 1,380,000 $ 1,483,964 $ 1,497,600 $ 1,643,300 $ 1,163,005 $ 1,749,000 4001 SERVICE CHARGES 750,700 750,700 832,021 837,800 837,800 523,021 922,000 4002 CUSTOMER CHARGES 43,000 43,000 55,435 40,300 40,300 31,194 40,000 4003 FIRE SERVICES DC CHARGES 170,600 170,600 182,255 179,600 179,600 123,083 206,000 4440 MISCELLANEOUS INCOME 82,300 82,300 87,155 94,500 94,500 49,374 101,000 IPUC - PORTABLE WATER TOTAL $ 2,369,100 $ 2,426,600 $ 2,640,829 $ 2,649,800 $ 2,795,500 $ 1,889,678 $ 3,018,000 - - - - - - -
IPUC TOTAL $ 10,465,600 9,158,100 $ 16,578,244 $ 10,426,100 $ 10,571,800 $ 7,557,259 $ 12,953,000 $

INDUSTRY PUBLIC UTILITY COMMISSION

PROPOSED ANNUAL BUDGET
61

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026ELECTRIC FUND 5001.03 EXPENSE - SALARY REIMBURSEMENT $ - $ - $ - $ 453,000 $ 453,000 $ - $ 467,000 5012 GENERAL INSURANCE AND BONDING 10,000 10,000 - 5,000 5,000 - 5,000 5013 TELEPHONE 45,000 45,000 46,465 50,000 50,000 36,576 10,000 5018 OFFICE SUPPLIES & POSTAGE - - - 1,000 1,000 608 1,000 5021 DUES AND SUBSCRIPTIONS 10,000 10,000 - 10,000 10,000 11,064 15,000 5025 MISCELLANEOUS 5,000 5,000 - 1,000 1,000 135 1,000
5060.01 SPECIAL TAXES AND FEES- ELECTRIC 15,000 15,000 10,811 12,000 12,000 6,493 12,000 5120.01 PROFESSIONAL SERVICES 275,000 550,000 571,679 700,000 700,000 496,816 850,000 5120.02 LEGAL SERVICES 50,000 50,000 25,468 25,000 25,000 8,659 20,000 5130 PLANNING, SURVEY AND DESIGN 530,000 - - - - - 1,000 5205 CONSTRUCTION COSTS 5,750,000 - - - - - - 5550 REPAIR AND MAINTENANCE EQUIPMENT 1,000 1,000 540 1,000 1,000 - 1,000 5560 EQUIPMENT RENTAL 5,000 5,000 - 5,000 5,000 - 2,000 5565 SMALL EQUIPMENT & SUPPLIES - - (11,659) 60,000 60,000 9,712 20,000 5570 PRINTING AND PHOTOGRAPHS 1,000 1,000 - 1,000 1,000 - 1,000 5640 ADVERTISING AND PRINTING 5,000 5,000 756 5,000 5,000 - 1,000 5695.01 COMPUTER SERVICES 11,000 11,000 9,551 5,000 5,000 2,475 5,000 5730.01 UTILITIES - GAS 1,000 1,000 - 1,000 1,000 - 1,000 5730.03 UTILITIES - ELECTRICITY 300,000 300,000 328,695 325,000 325,000 210,873 325,000 5900 GENERAL ENGINEERING 535,000 350,000 379,897 375,000 575,000 418,311 600,000 6050 HAZARDOUS WASTE - DISPOSAL 10,000 10,000 - 10,000 10,000 - 5,000 6200 CONTRACT LABOR - PROFESSIONAL TECHNICAL SERVICES 150,000 200,000 295,296 225,000 275,000 206,865 300,000 6325 DEPRECIATION - - 1,090,329 - - - - 6414 ELECTRIC PURCHASED POWER 3,914,000 3,914,000 3,158,665 4,222,000 4,222,000 1,705,800 3,805,000 6415 ENERGY REBATE 155,000 155,000 (4,738) 149,000 149,000 - 183,000 6416 ELECTRIC - ENERGY STORAGE FACILITY - 250,000 278,947 300,000 300,000 71,352 294,000 8510 PROPERTY MAINTENANCE 10,000 10,000 5,230 10,000 10,000 5,214 10,000 9010 FURNITURE, EQUIPMENT & FIXTURES 225,000 50,000 100,078 50,000 50,000 79,335 100,000 SUBTOTAL $ 5,948,000 12,013,000 $ 6,286,009 $ 7,001,000 $ 7,251,000 $ 3,270,290 $ 7,035,000 $

ELECTRIC CAPITAL PROJECT
5130 PLANNING, SURVEY AND DESIGN $ - $ 1,230,000 $ 481,965 $ 570,000 $ 685,000 $ 166,197 $ 770,000 5205 CONSTRUCTION COSTS - 4,450,000 2,126,479 1,380,000 1,085,000 194,815 3,000,000 5900 GENERAL ENGINEERING - 215,000 86,773 100,000 280,000 52,870 300,000 SUBTOTAL $ 5,895,000 - $ 2,695,216 $ 2,050,000 $ 2,050,000 $ 413,882 $ 4,070,000 $ TOTAL $ 11,843,000 12,013,000 $ 8,981,225 $ 9,051,000 $ 9,301,000 $ 3,684,172 $ 11,105,000 $

INDUSTRY PUBLIC UTILITY COMMISSION

PROPOSED ANNUAL BUDGET
62

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026 CARB
5120.01 PROFESSIONAL SERVICES $ - $ - $ - $ - $ - $ 7,000 $ - 5570 PRINTING AND PHOTOGRAPHS - - - - - 398 -6414 ELECTRIC PURCHASED POWER - - 326,358 - 450,000 260,082 1,441,000 6415 ENERGY REBATE - 103,000 102,822 250,000 - - -
TOTAL $ - $ 103,000 $ 429,180 $ 250,000 $ 450,000 $ 267,480 $ 1,441,000 - - - - - - -

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
63

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

IPUC EXPENDITURES (RECLAIMED WATER)
5001.03 EXPENSE - SALARY REIMBURSEMENT - $ - $ - $ 453,000 $ $ 453,000 $ 467,000 - $ 5011 BOARD SALARIES 20,000 20,000 19,772 20,000 20,000 - 13,286 5012 GENERAL INSURANCE AND BONDING - - - - - - -
5018 OFFICE SUPPLIES & POSTAGE 1,000 1,000 406 - - 1,000 4095027 MEDICARE 1,000 1,000 287 1,000 1,000 - 193 5031 DISABILITY 2,000 2,000 1,226 2,000 2,000 - 824
5031.01 DISABILITY - LONG TERM - - - 1,000 1,000 - -
5110 ACCOUNTING FEES 2,000 2,000 1,738 3,000 3,000 3,000 1,376 5120.01 PROFESSIONAL SERVICES 7,000 7,000 76,050 50,000 50,000 50,000 -5120.02 LEGAL SERVICES 3,000 3,000 11,526 5,000 5,000 5,000 398 5130 PLANNNING, SURVEY AND DESIGN - 1,375,000 - - - - - 5205 CONSTRUCTION COSTS - 1,400,000 - - - - -
5695.02 COMPUTER EQUIPMENTS - - 81,258 - - - -
5730.01 UTILITIES - GAS - - - - - 1,000 346
5730.02 UTILITIES - WATER - - - - - - -5730.03 UTILITIES - ELECTRIC 306,000 306,000 286,111 318,000 318,000 300,000 182,228 5740 PROPERTY TAXES AND ASSESSMENTS 12,000 12,000 9,192 15,000 15,000 15,000 9,037 5795 FILING/PERMIT FEES - - - - - 1,000 707
5900 GENERAL ENGINEERING 5,000 50,000 7,173 7,000 7,000 10,000 4,985 6200 CONTRACT LABOR - PROFESSIONAL AND TECHNICAL SERVICES 72,000 72,000 108,298 96,000 96,000 96,000 45,051 6325 DEPRECIATION - - 781,233 - - - -
8510 PROPERTY MAINTENANCE - - 3,030 - - 4,000 2,386
9060 RECLAIMED WATER SYSTEM 578,000 578,000 304,406 454,000 454,000 400,000 322,845 SUBTOTAL $ 1,009,000 3,829,000 $ 1,691,705 $ 1,425,000 $ 1,425,000 $ 584,072 $ 1,353,000 $

WATER CAPITAL PROJECT
5130 PLANNNING, SURVEY AND DESIGN 1,565,000 - 149,489 1,645,000 1,635,000 410,000 106,543 5205 CONSTRUCTION COSTS 900,000 - 75 1,640,000 1,640,000 1,350,000 716,5915640 ADVERTISING AND PRINTING - - 2,375 10,000 10,000 - -5900 GENERAL ENGINEERING 45,000 - 27,582 30,000 40,000 35,000 5,678 SUBTOTAL $ 2,510,000 - $ 179,521 $ 3,325,000 $ 3,325,000 $ 828,812 $ 1,795,000 $ TOTAL 3,829,000 $ 3,519,000 $ 1,871,226 $ 4,750,000 $ 4,750,000 $ 1,412,883 $ 3,148,000 $ 2,510,000 - . - - -

INDUSTRY PUBLIC UTILITY COMMISSION

PROPOSED ANNUAL BUDGET
64

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026

IPUC EXPENDITURES (POTABLE WATER)
5001 SALARIES $ 522,300 522,300 $ 558,393 $ 704,000 $ 704,000 $ 436,144 $ 731,000 $ 5012 GENERAL INSURANCE AND BONDING 19,500 19,500 20,756 22,000 26,600 28,704 34,0005015 PAYROLL TAXES 36,000 36,000 38,332 50,000 50,000 29,367 54,000 5017 MEDICAL PREMIUMS 153,000 153,000 137,260 255,000 255,000 111,529 206,000 5018 OFFICE SUPPLIES & POSTAGE 29,000 29,000 59,114 35,000 35,000 16,444 35,000 5019 RETIREMENT PROGRAM 73,000 73,000 85,486 132,000 132,000 78,155 136,000 5120.01 PROFESSIONAL SERVICES 123,500 63,500 64,504 98,500 98,500 44,533 67,000 5301 PURCHASE WATER 368,300 368,300 338,550 323,000 323,000 12,030 305,000 5302 PURCHASE POWER 205,000 205,000 207,313 240,000 240,000 167,908 279,000 5303 ASSESSMENTS 265,400 265,400 251,704 286,700 286,700 13,236 287,000 5430 TRANSMISSION & DISTRIBUTION - LA PUENTE VALLEY 85,000 85,000 123,876 95,000 95,000 78,555 95,000 5460 OTHER EXPENSES - FIELD SUPPORT 42,000 42,000 40,912 45,000 45,000 21,812 45,000 5470 REGULATORY COMPLIANCE 38,000 38,000 33,345 38,000 38,000 29,436 38,000 5509 BILLING EXPENSE 33,000 33,000 34,255 34,000 34,000 24,966 34,000 5550 REPAIR AND MAINTENANCE EQUIPMENT 67,000 67,000 972 77,000 77,000 - 32,000 5620 VEHICLE EXPENSES 40,000 40,000 49,827 45,000 45,000 26,891 47,000 5631 WORKERS COMPENSATION 6,000 6,000 6,668 8,000 8,000 4,725 7,000 5640 ADVERTISING & PRINTING - - 5,255 - - 433 12,0005730 UTILITIES - - 7,891 - - 3,557 -5999 O AND M FEES 207,200 207,200 137,377 - - - - 8104 SERVICE LINE REPLACEMENTS 30,000 30,000 24,055 36,000 36,000 2,616 47,0008105 FH LATERALS 28,000 28,000 - 28,000 28,000 - 39,0008106 VALVE REPLACEMENTS 28,000 28,000 - 35,000 35,000 - 42,0008510 PROPERTY MAINTENANCE 30,000 30,000 14,286 15,000 25,000 11,022 165,0009010 FURNITURE, EQUIPMENT & FIXTURES - - - - - - - TOTAL 2,369,200 $ 2,429,200 $ 2,240,129 $ 2,602,200 $ 2,616,800 $ 1,142,063 $ 2,737,000 $ - - - - - - -

INDUSTRY PUBLIC UTILITY COMMISSION

PROPOSED ANNUAL BUDGET
65

Industry Property and Housing
Management Authority (IPHMA)City of Industry | FY 2025/26 Proposed Budget

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
REVENUE SUMMARY BY FUND 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026 IPHMA
4300.02 INVESTMENT INTEREST INCOME $ 1,000 $ 1,000 $ 140 $ 1,000 $ 1,000 $ 121 $ 1,000 4331 INTEREST INCOME - LEASES - - 10,777 - - - -
4340 RENTAL INCOME 306,000 306,000 327,166 345,000 345,000 223,447 366,000 4355 OTHER INCOME 1,000 1,000 113,896 17,000 17,000 661 2,000 IPMHA TOTAL $ 308,000 $ 308,000 $ 451,979 $ 363,000 $ 363,000 $ 224,229 $ 369,000 - - - - - - -

INDUSTRY PROPERTY AND HOUSING MANAGEMENT AUTHORITY

PROPOSED ANNUAL BUDGET
66

ADOPTED AMENDED ADOPTED AMENDED PROPOSED

BUDGET BUDGET ACTUAL BUDGET BUDGET ACTUAL BUDGET
OBJECT # ACCOUNT DESCRIPTION 2023-24 2023-24 2023-24 2024-25 2024-25 3/31/2025 2025-2026IPHMA 5011 BOARD SALARIES 49,000 $ 49,000 $ 41,785 $ 49,000 $ $ 52,000 $ 52,000 33,800 $ 5012 GENERAL INSURANCE AND BONDING - - - - - - -
5025 MISCELLANEOUS 1,000 1,000 2,478 1,000 1,000 37 1,000 5027 MEDICARE 1,000 1,000 606 1,000 1,000 490 1,000
5030 STATE UNEMPLOYMENT 3,000 3,000 938 3,000 3,000 491 2,000 5031 DISABILITY - - - - - - -
5032 STATE EMPLOYMENT & TRAINING TAX 1,000 1,000 35 1,000 1,000 21 - 5036 BANK FEES - - - - - - -
5040 PARS - ARS 2,000 2,000 1,567 2,000 2,000 1,268 2,000 5068 LANDSCAPE MAINTEANCE 360,000 360,000 520,336 400,000 400,000 199,134 400,000 5110 ACCOUNTING FEES 2,000 2,000 1,643 2,000 2,000 2,000 1,125 5120.01 PROFESSIONAL SERVICES 2,000 2,000 - - - 37 1,000 5120.02 LEGAL SERVICES 29,000 29,000 2,145 29,000 29,000 - 29,000 5565 SMALL EQUIPMENTS & SUPPLIES - - 11,714 10,000 10,000 200 5,000 5610 TRAVEL AND MEETINGS - - - - - 2,841 5,000
5631 WORKERS COMPENSATION 1,000 1,000 - 1,000 1,000 - 1,000 5640 ADVERTISING AND PRINTING 2,000 2,000 994 1,000 1,000 936 2,000 5730.01 UTILITIES - GAS 1,000 1,000 437 1,000 1,000 233 1,000 5730.02 UTILITIES - WATER 25,000 25,000 30,837 33,000 33,000 19,792 33,000 5730.03 UTILITIES - ELECTRIC 1,000 1,000 138 1,000 1,000 80 1,000 5740 PROPERTY TAXES AND ASSESSMENTS 38,000 38,000 29,460 46,000 46,000 33,241 40,000 5900 GENERAL ENGINEERING 230,000 230,000 112,341 150,000 150,000 56,126 100,000 8510 PROPERTY MAINTENANCE 326,000 326,000 253,151 324,000 324,000 127,728 300,000 8517 HOUSING GRANT 15,000 15,000 - 25,000 25,000 - 25,000 TOTAL 1,089,000 $ 1,089,000 $ 1,010,605 $ 1,080,000 $ 1,083,000 $ 477,580 $ 1,003,000 $ - - - - - - -

INDUSTRY PROPERTY AND HOUSING MANAGEMENT AUTHORITY

PROPOSED ANNUAL BUDGET
67

Capital Improvement Program
(CIP)City of Industry | FY 2025/26 Proposed Budget

PROPOSED
BUDGET
Project Description 2025-2026
GRADE SEPARATION PROJECTS 1 $ 825,000
STREET WIDENING, RECONSTRUCTION, RESURFACING AND SLURRY SEAL 22,310,000 2 STORM DRAIN IMPROVEMENTS 3 1,330,000 3W STORM DRAIN IMPROVEMENTS (MEASURE W) 4,405,000
TRAFFIC SIGNAL IMPROVEMENTS 4 4,675,000
BRIDGE WIDENING, SEISMIC RETROFIT AND MAINTEANCE IMPROVEMENTS 375,000 5 HOMESTEAD MUSEUM 6 545,000 INDUSTRY HILLS GOLF & CONVENTION FACILITIES 7 190,000 EL ENCANTO C.I.P. 8 500,000 EXPO CENTER AT INDUSTRY HILLS 9 8,855,000 OPEN SPACES/ TONNER CANYON/TRES HERMANOS 10 1,190,000
TRES HERMANOS RANCH PROPERTY 11 - PROPERTY REDEVELOPMENT & DEMO 12 25,000 IPUC - WATER UTILITY (IPU) 13 1,795,000 IPUC - ELECTRIC UTILITY (IPU) 14 4,070,000 MISCELLANEOUS 15 525,000 CIVIC CENTER FACILITIES 16 2,700,000 FACILITIES IMPROVEMENTS 17 3,540,000 IPHMA CAPITAL IMPROVEMENTS 18 800,000 Total $ 58,655,000

CITY OF INDUSTRY

PROPOSED ANNUAL BUDGET
FISCAL YEAR 2025-26
68

CIP Detail - City
City of Industry | FY 2025/26 Proposed Budget

Capital Improvement Program
FY 2025 - 2026
# Project Name FY 25-26 Proposed Budget
A Nogales Street Grade Separation (near Gale Avenue/Walnut Drive North) 530,000 B Fullerton Road Grade Separation (near Railroad Street and Gale Avenue) 100,000 C Fairway Drive Grade Separation (near Walnut Drive North) 20,000 D Puente Avenue Grade Separation at UPRR's Alhambra Subdivision tracks (near Valley Boulevard) 5,000 E Fairway Drive Grade Separation at UPRR's Alhambra Subdivision tracks (near Valley Boulevard) 5,000 F Turnbull Canyon Road Grade Separation at UPRR's L.A. Subdivision tracks (near Salt Lake Avenue) 160,000 G Stimson Avenue Grade Separation Study at UPRR Alhambra subdivision (near Valley Boulevard) 5,000 Total $825,000
A Colima Road Widening and Intersection Modifications from Stoner Creek Road to Azusa Avenue (co-op project with L.A. County) 60,000 B Valley Boulevard improvements 650' east of Hambledon to City line with West Covina 15,000 C San Jose Avenue Reconstruction (500' west of Nogales Street to 400' west of Charlie Road) 6,150,000 D Reconstruct Portions of Bixby Drive and Chestnut Street (near the Peaker plant) 100,000 E 6th Avenue Reconstruction from Lomitas Avenue to Valley Boulevard (co-op with L.A. County) 20,000 F Railroad Street Pavement Rehabilitation, et al. (Azusa Avenue to Fullerton Road) 300,000 G Walnut Drive North Widening, Fairway to Nogales 10,000 H Fullerton Road Reconstruction with PCC Pavement, Intersection With Arenth Avenue 50,000 I Fullerton Road Reconstruction with PCC Pavement from Arenth Avenue to Valley Boulevard 5,000 J Annual Slurry Seal Project FY 23 65,000
K Annual Pavement Rehabilitation FY 23 7,350,000
L Gale Avenue Realignment at Azusa Avenue 350,000
M 605 Freeway and Valley Boulevard Interchange Improvements 450,000 N SR- 57/SR-60 Confluence Improvement 25,000
O ADA Compliance on Public Right of Way 50,000
P Temple Avenue Improvements, et al. 2,200,000
Q Lemon Avenue Quiet Zone 5,000
R Signing & Striping Improvements at various Railroad crossings 100,000 S Nelson Avenue Resurfacing 120,000
T Preliminary Design of E-W Bicycle Path 300,000
U Grand Avenue Reconstruction from Ferrero Parkway to Baker Parkway 2,550,000 V Amar Road Complete Streets 5,000
W Don Julian Road Improvements 50,000
X Azusa Avenue Beautification 5,000
Y Valley Boulevard Beautification 5,000
X Red Curb Refurbishment at various locations 15,000
AA Pellissier Place Improvements 50,000
AB Pavement Management Plan 2022 100,000
AC Salt Lake Road Improvements, 7th Avenue to Turnbull Canyon Road 50,000

1. Grade Seperation (City)2. Street Widening, Reconstruction, Resurfacing, and Slurry Seal (City) 69

Capital Improvement Program
FY 2025 - 2026
# Project Name FY 25-26 Proposed Budget
AD Citywide Wayfinding Directions Signage 5,000
AE Street Light Installation at Proctor Avenue from Valley Boulevard to Turnbull Canyon Road and Newquist Place 1,250,000 AF Citywide Speed Survey 150,000
AG California Avenue Widening 65,000
AH Annual Slurry Seal Project FY 25 50,000
AI Annual Pavement Rehabilitation FY 25 100,000
AJ Crossroads Parkway North and Crossroads Parkway South Improvements, et al. 75,000 AK Rose Hills Road Crossing Improvements at LA Subdivision 60,000 Total $22,310,000
A Kella Avenue Storm Drain & Pavement Rehabilitation 1,100,000 B Del Valle and Hill Street Storm Drain and Street Improvements 25,000 C Citywide Backflow Device Protection 5,000
D 2024 Cleanout of Stormwater Treatment Devices 175,000 E Snow Creek Storm Drain 25,000
Total $1,330,000
A Nelson Avenue Intersection Improvements at Puente Avenue and Sunset Avenue 4,500,000 B Signal Synchronization along Azusa 10,000
C Intelligent Transportation System Master Plan 65,000
D Citywide License Plate Camera Reader Installation 30,000 E Citywide Traffic Signal Safety Lights Upgrade 70,000
Total $4,675,000
A Azusa Avenue over Valley Boulevard Bridge Repainting 10,000 B Grand Avenue Bridge Widening at San Jose Creek 50,000 C Seismic Retrofit Anaheim-Puente Over San Jose Creek 215,000 D Nelson Avenue Over Puente Creek 80,000
E Bridge Rehabilitation - Valley Boulevard Bridge over San Gabriel River 10,000 F Bridge Rehabilitation - Valley Boulevard over Old Valley 10,000 Total $375,000
A Homestead Museum Upgrades 225,000
B Homestead Museum Paver Repairs 5,000
C Homestead Irrigation Retofit-Phase 2 315,000
Total $545,000
A Industry Hills Wrought Iron Fence Repair and Paint 50,000 B Repair settlement damage at the parking structure and adjacent employee parking area, including repairs of the perimeter parking lot lighting 35,000 C Repair settlement damage at the laundry building 5,000 D Miscellaneous Industry Hills Capital Improvements 100,000 Total $190,000
A El Encanto - Sub Acute Dialysis Center 50,000
B El Encanto - Convalescent Hospital Boiler Repair & Replacement 190,000 C El Encanto Convalescent Hospital Roof Refurbishment 100,000 D El Encanto Convalescent Hospital - HVAC Preservation (Maintenance) 100,000 E El Encanto Convalescent Hospital Site Improvements 60,000 Total $500,000

7. Industry Hills Golf & Convention Facilities (City)8. El Encanto C.I.P.6. Homestead Museum3. Storm Drain & Stormwater Improvements (City)4. Traffic Signal and Traffic Related Improvements (City)5. Bridge Widening, Seismic Retrofit, and Preventative Maintenance (City) 70

Capital Improvement Program
FY 2025 - 2026
# Project Name FY 25-26 Proposed Budget
A Replacement of Steel Waterline Crossing over Brea Creek 1,050,000 B Replacement of Water Lines and Valves at Tonner Cyn. 10,000 C Miscellaneous Drainage Improvements at Tonner Canyon 25,000 D Pavement at Tonner Canyon 5,000 E Sports Park Improvements at Tonner Canyon 100,000
Total $1,190,000
A Arnold Reservoir Rip Rap -
Total $0
A Property Purchase & Development Follow Camp in San Gabriel Canyon 25,000 Total $25,000
A Museum-Healthcare Campus Data Upgrades 5,000
B Sheriff Trailer Site, Fencing and Electrical Improvements 50,000 C Museum-Healthcare Campus Parking Lot Lighting Upgrades - D Museum-Healthcare Campus Master Site Planning 150,000 E 9th Avenue Sewer Improvements 100,000
F Mountain Biking Trail at Industry Hills 220,000
Total $525,000
A City Hall Bathroom Upgrades 10,000
B Industry Park & Ride Project 5,000
C Civic Center Planning and Improvements 160,000
D City Council Chamber and IBC Building Improvements 615,000 E City Hall Interior Improvements 60,000
F Electric Vehicle Charging Stations at City Hall 225,000 G Solar Installation at City Hall and other electrical improvements 1,600,000 H Building Improvements at 220 Hacienda Boulevard 10,000 I Civic Center Traffic Calming Study 5,000
J Building Improvements at 15660 Mayor Dave Way 10,000
Total $2,700,000
A ADA Compliance for Facilities 475,000
B Annual Bus Stop ADA Improvements 475,000
C Citywide Sign Replacement 70,000
D City Gymnasium and Multipurpose Building 10,000
E Follows Camp Capital Improvement Project 275,000
F Turnbull Canyon Properties Improvements 50,000
G Follows Camp Demolition Project 5,000
H Fire Damage Repair of EV and Solar Energy System at Metrolink Station 100,000 I Miscellaneous Improvements at 1123 Hatcher Avenue 100,000 J City Owned Parking Lot Lighting Upgrades 10,000
K Del Valle and Hill Street Undergrounding of SCE Overhead Lines 1,600,000 L Puente Hills Auto Association Signs 330,000
M Hydrogen Fueling Station 40,000
Total $3,540,000
TOTALS - CITY $38,730,000

16. Civic Center Improvements-CIP17. Facilities Improvements (City)10. Open Spaces/Tonner Canyon/Tres Hermanos (City)11. Tres Hermanos Ranch Property12. Property Redevelopment & Demo15. Miscellaneous 71

Capital Improvement Program
FY 2025 - 2026
# Project Name FY 25-26 Proposed Budget
A Regional Infiltration Basin - MS4 Requirement 5,000
B Four Grade Separation Pump House Upgrades 2,100,000
C Catch Basin Retrofits, Phase III 300,000
D Bassett High School Stormwater Capture (County Co-Op) 2,000,000 Total $4,405,000
3W. Storm Drain & Stormwater Improvements (Measure W)
72

CIP Detail - CRIA
City of Industry | FY 2025/26 Proposed Budget

Capital Improvement Program
FY 2025 - 2026
# Project Name FY 25-26 Proposed Budget
A Sewer Upgrades at Expo Center 15,000 B Pavilion Building Upgrades 5,500,000 C Expo Center Patio Café Improvements 5,000
D Expo Center Fire Alarm System 1,400,000
E Expo Center A/V upgrades to the Grand Arena 1,700,000 F Expo Center Signage Improvements 5,000
G New Banquet Facility 100,000
H Expo Center ADA Upgrades 5,000
I Expo Center Barn Improvements 25,000
J Expo Center Office Improvements 100,000
Total $8,855,000
TOTALS - CRIA $8,855,000

9. Expo Center at Industry Hills (CRIA)
73

CIP Detail – IPUC Electric, Water
City of Industry | FY 2025/26 Proposed Budget

Capital Improvement Program
FY 2025 - 2026
# Project Name FY 25-26 Proposed Budget
A Trailside Drive and 4th Avenue Waterline Improvements 75,000 B Groundwater Treatment Plant 20,000
C CIWS Security Upgrades 30,000 D Proctor Yard Building 100,000 E Siesta Avenue Waterline Improvements 420,000
F Turnbull Canyon Grade Separation Waterline Replacement 1,100,000 G Penson Pump Station Demolition 50,000
Total $1,795,000
A Automatic Meter Reading 115,000
B Remote Monitoring and Replacement of DGA of power transformers and feeder level protection coordination study at Waddingham Substation 75,000 C IPU System GIS Mapping 100,000
D Distribution Line Extension to EXPO Center (Conceptual Design) 60,000 E Electrical Service for IBC Builidings 7 and 10 900,000 F Distribution Line Extension to Puente Hills Mall Site 50,000 G WDAT Installation at Puente Hills Mall 2,250,000
H WDAT Relocation at Pacific Palms Hotel and Line Extension to Water Park 200,000 I Feasibility Study of Substation at Auto Mall West 50,000 J Installation of Transformer at 999 Hatcher Avenue 200,000 K Waddingham Substation Storage Facility 70,000
Total $4,070,000
TOTALS - IPUC $5,865,000

13. IPU - Water Utility (IPU)14. IPU - Electric Improvements (IPU) 74

CIP Detail – IPHMA
City of Industry | FY 2025/26 Proposed Budget

Capital Improvement Program
FY 2025 - 2026
# Project Name FY 25-26 Proposed Budget
A Miscellaneous Housing Capital Improvements 800,000
Total $800,000
TOTALS - IPHMA $800,000

18. IPHMA Capital Improvements
75

ITEM NO. 6.10

MEMORANDUM
TO: Honorable Mayor and Members of the City Council
FROM: Joshua Nelson, City Manager
STAFF: Sam Pedroza, Asst. City Manager
DATE: June 10, 2025
SUBJECT: Consideration of a License Agreement and Loan Agreement with Puente Hills Auto Center Association
Background:

In 2012 the City of Industry (City) entered into a sign usage and easement purchase agreement with an association of auto dealerships south of Gale Avenue east of Azusa Avenue consisting of Puente Hills Chrysler Jeep, Puente Hills Chevrolet, Puente Nissan and Super Ford. This agreement set forth the terms of Puente Hills Motors allowing the members to construct the sign improvements and operate the message board sign on Puente Hills Motors land which also is the land the Super Ford was operating on. The agreement also included the City contributing a portion of the construction costs for the sign improvements. It was a 20 year agreement. In exchange for the City's contribution, the City received some programming on the sign. At this time the existing LED displays are 12 years old and are no longer covered under factory warranty. The LED displays are 25 mm and the latest generation of technology for large size freeway displays is 10 mm.

In 2014 the City entered into a lease agreement with an association of auto dealerships in our autozone that represented the dealerships west of Azusa Avenue consisting of Toyota, Scion and Volkswagen. That agreement is set to expire this year. Among the terms of that agreement included the City sharing in the cost of the upgrades to the message board that is on the Toyota parcel. In exchange for the City's contribution, the City received some programming on the sign.

At this time the existing LED displays are 10 years old and are no longer covered under factory warranty. The LED displays are 25 mm and the latest generation of technology for large size freeway displays is 10 mm.

The City's redevelopment agency, the Industry Urban-Development Agency (IUDA), constructed the sign that currently sits on the Penske dealerships around 2006. The hope at the time was that an association of dealers would form representing the remaining dealers that weren't included in the above two associations. However, with the dissolution of the IUDA, the

discussions stopped moving forward. Since then the City has paid for an upgrade of that sign a few years ago.

Discussion:

Recently, the City has been working closely with all the auto dealers within the City to form a new association that includes all of the dealerships. They were successful at achieving that late last year. All of the dealerships have join with the exception of one. The new association has proposed to the City that they upgrade the two older signs (Sign #2 and Sign #3) and change the font on the City owned one (Sign #1) that is on the Penske dealership parcel. The City still owns that parcel and leases that to the Socal Penske Dealer Group. The estimated cost to upgrade Sign #2 is $708,919. This includes $23,280 towards the font change on Sign #1. The estimated cost to upgrade sign #3 is $694,093 which includes $23,280 towards the font change on Sign #1. The association has asked the City to contribute 80% of the construction costs for both signs and have asked the City to loan them the other 20% at an interest rate of 4.0% over 7 years with the first payment coming due January 1, 2026. The association believes they can have the construction completed in time for the November and December holidays.

The association plans to do more joint advertising efforts in the future that could include radio, TV and social media. That, in combination with increased exposure from the 250,000 cars that drive along the 60 Freeway every day, we should see an increase in sales by maybe as high as 10%. A 10% increase in sales would result in approximately an additional $800,000 in sales tax generation for the City. In exchange for the City's contribution, the City would receive 15% of each hour on all three signs for 10 years and the association would take over the operation and maintenance costs of Sign #1 (our annual costs are around $65,000 per year). So attached for your review and approval is license agreement that includes a loan agreement as Exhibit 5. The City's total contribution would be $1,122,412 along with a loan to the association of $280,600.

Minor issues that are yet to be resolved are the termination of any existing agreements for sign #2 and sign #3 and the City will likely need to grant an easement to the association for Sign #1 the term of this license agreement.

Fiscal Impact:

The City would incur a one-time contribution of $1,122,412. In addition, the City would loan the association $280,600 and would take in total interest of $42,506.47 over the life of the loan. The City would save approximately $700,000 in operation and maintenance costs over the life of the 10 year agreement.

Recommendation:

Staff recommends that the City Council 1) Approve the License Agreement and 2) Approve the Loan Agreement 3) Authorize the City Manager and the City Attorney to make non-substantive changes to the two agreements as needed prior to execution and take any actions needed to fully effectuate the agreement.

Exhibits:

1. License Agreement with Puente Hills Auto Center Association

1 LICENSE AGREEMENT
This LICENSE AGREEMENT (“Agreement”) is dated as of the ____ day ofJune 2025 (“Effective Date”) by and between the CITY OF INDUSTRY, a California municipal corporation (“City”) and the PUENTE HILLS AUTO CENTER ASSOCIATION, a California mutual benefit nonprofit corporation (“Association”) (each individually a “Party”, and collectively the “Parties”), and is made with reference to the following facts:

RECITALS
A. Association operates two existing electronic signs located in the City of Industry, California at: Toyota Dealership, 17340 Gale Ave (Sign #2) and Ford Dealership, 17070 Gale Ave (Sign #3).

B. Association desires, and City agrees, for Association to refurbish the LED signs, which refurbishing will include installation of new channel letters, LED sign panels and other related work for Sign #2 and Sign #3 along with upgrading channel letters on Sign #1 (City owned Puente Hills Auto Center sign located at Range Rover dealership) as further described in Exhibit “1” attached to this Agreement and incorporated herein by this reference. Together all three electronic signs shall be referred to as “LED Signs”.

C. Association anticipates the total cost to refurbish Sign #2 is approximately SEVEN HUNDRED EIGHT THOUSAND NINE HUNDRED NINETEEN ($708,919.00) and the total cost to refurbish Sign #3 is approximately SIX HUNDRED NINETY FOUR THOUSAND NINETY THREE ($694,093.00) as further described in Exhibit “2” attached to this Agreement and incorporated herein by this reference, collectively the (“Estimated Cost”). These two costs include the cost to upgrade the channel letters of Sign #1.

D. Association and City each desire to pay a portion of the Estimated Cost to refurbish the Sign #2 and Sign #3. City shall pay 80 percent of the Estimated Cost to refurbish both signs: for Sign #2, not to exceed FIVE HUNDRED SIXTY SEVEN THOUSAND ONE HUNDRED THIRTY SIX ($567,136.00); and for Sign #3, an amount not to exceed FIVE

HUNDRED FIFTY FIVE THOUSAND TWO HUNDRED SEVENTY SIX
($555,276.00). The Association shall have no obligation to repay any portion of the payments made by the City. The remaining ONE HUNDRED FORTY ONE THOUSAND SEVEN HUNDRED EIGHTY THREE ($141,783.00) of the Estimated Cost to refurbish Sign #2 and ONE HUNDRED THRITY EIGHT THOUSAND EIGHT HUNDRED SEVENTEEN ($138,817.00) of the Estimated Cost to refurbish Sign #3, shall be paid through a loan by the City to the Association, which shall bear interest from the date advanced until the date repaid at the rate of Four Percent (4%) per annum (the “City Loan”).

E. In consideration for the City's payment of 80 percent of the Estimated Cost to refurbish both signs, and the City’s loan by the City to the Association for the remaining twenty percent (20%) of the Estimated Cost to refurbish both signs, the City shall have the prepaid right to display certain messages as provided for hereunder on the LED Signs, and the Association shall pay all maintenance and repair and utilities’ costs for LED Signs.

F. Before this Agreement is effective, the Parties shall enter into a loan agreement that shall govern the terms, conditions, and repayment of the City Loan by the Association. In the event the Parties fail to approve of a loan agreement governing the City Loan, this Agreement shall be null and void and of no further effect or force.

2 G. Before this Agreement is effective, the Parties shall cause any other agreements relative to the operations of the LED Signs, in particular an agreement entitled Puente Hills Auto Center Message Board Lease Agreement dated January 8, 2015 and an agreement entitled Sign Usage and Easement Purchase Agreement [17340 East Gale Avenue] dated on or about August 1, 2012, each attached hereto as Exhibits “3” and “4” by and between the City and Puente Hills Imports DBA Puente Hills Toyota and Scion and the Puente Hills Auto Center Association (West) to be terminated and of no further effect or force.

NOW, THEREFORE, IN CONSIDERATION OF THE TERMS AND

CONDITIONS SET FORTH IN THIS AGREEMENT, CITY AND ASSOCIATION AGREE, AS FOLLOWS:

TERMS

1. Recitals. The Recitals above are true and correct and are hereby incorporated as part of this Agreement.

2. License. For a period of ten (10) years from the filing of a Notice of Completion for the refurbishment of the LED Signs (the “Term”), the Association hereby grants a license to the City for use of not less than fifteen percent (15%) of the LED Signs’ operating time each hour, not less than nine (9) minutes during each hour of the day (“City Operating Time”) for purposes of displaying the City’s Permitted Messages (as defined in Section 5, below) prepared by City, which message content shall not be subject to edit or modification by Association (“License”). Upon the expiration of the Term, unless extended by mutual written agreement of the Parties, this Agreement shall automatically terminate and no additional instrument, consent or action by either Party shall be required to terminate this Agreement. Upon the termination of this Agreement, the City shall execute any document and take any action as may be reasonably necessary to evidence such termination.

3. Consideration. As consideration for the License, and subject to the City’s confirmation that the LED Signs are in conformance with (i) the sign upgrades as described in the attached proposals, and (ii) all Regulations, as defined herein below, City shall pay Eighty percent (80%) of the Estimated Costs to refurbish the LED Signs, not to exceed FIVE HUNDRED SIXTY SEVEN THOUSAND ONE HUNDRED THIRTY SIX ($567,136.00) for Sign #2, and FIVE HUNDRED FIFTY FIVE THOUSAND TWO HUNDRED SEVENTY SIX ($555,276.00) for Sign #3 (“City Payment”). The Association shall finance the remaining balance of the cost to refurbish the LED Signs via a loan from City to the Association for an estimated amount of ONE THOUSAND SEVEN HUNDRED EIGHT THREE ($141,783.00) for Sign #2 and ONE HUNDRED THIRTY EIGHT THOUSAND EIGHT HUNDRED SEVENTEEN ($138,817.00) for Sign #3 (“City Loan”). The City Payment shall be made to Association in four installments as follows:

I. Sign #2:
a. A down payment in the amount of TWO HUNDRED EIGHTY THREE THOUSAND FIVE HUNDRED SIXTY EIGHT ($283,568.00) within 14 days following building permit approval and receipt at the City of an invoice from the Association; and
b. A progress payment in the amount of TWO HUNDRED EIGHTY THREE THOUSAND FIVE HUNDRED SIXTY EIGHT ($283,568.00) within 14 days following receipt at the City of an invoice from the Association and written

3 confirmation from the Association of shipment of the LED screens for the LED Signs ; and
c. A balance payment in the amount of ONE HUNDRED FORTY ONE THOUSAND SEVEN HUNDRED EIGHTY THREE ($141,783.00) within 14 days upon completion and final signoff on the permit and receipt at the City of an invoice from the Association.

II. Sign #3:
a. A down payment in the amount of TWO HUNDRED SEVENTY SEVEN THOUSAND SIX HUNDRED THIRTY EIGHT ($277,638.00) within 14 days following building permit approval and receipt at the City of an invoice from the Association; and
b. A progress payment in the amount of TWO HUNDRED SEVENTY SEVEN THOUSAND SIX HUNDRED THIRTY EIGHT ($277,638.00) within 14 days following receipt at the City of an invoice from the Association and written confirmation from the Association of shipment of the LED screens for the LED Signs; and
c. A balance payment in the amount of ONE HUNDRED THIRTY EIGHT THOUSAND EIGHT HUNDRED SEVENTEEN ($138,817.00) within 14 days upon completion and final signoff on the permit and receipt at the City of an invoice from the Association.

The City may, upon written authorization by the City Manager, approve change orders of up to ten percent (10%) of the total amount of the sign upgrades. The full amount of any change orders, however, shall be added to the balance of the loan and the loan payment shall be recalculated accordingly.

2. City Loan: The City Loan shall be governed by the attached loan agreement (attached as Exhibit “5”) to which the Parties shall approve and execute simultaneously with the execution of this Agreement. If the loan agreement is not approved by the Parties, this Agreement shall be null and void and of no further effect and force. The section is for reference only. The City Loan shall be repaid in equal quarterly installments over a period of seven (7) years, commencing on January 1, 2026. And continuing on the first day of each fiscal quarter thereafter until paid in full. In any event, the outstanding balance of the City Loan, including all accrued and unpaid interest thereon, shall be paid in full on or before the seventh (7th) anniversary of the Effective Date. The obligation to pay the City Loan shall be unconditional and absolute and the City Loan shall be paid in lawful money of the United States, without offset, deduction, or credit of any kind. If any payment due on the City Loan is more than ten (10) days late then, in addition to the amount owed, the City shall be entitled to receive a late fee equal to Five Percent (5%) of the amount due.

5. City Use of LED Signs. Subject to the terms of the loan agreement, the LED Signs shall be operated every calendar day of each year during the Term and in accordance with any applicable City sign regulations, except when inoperative due to mechanical or electrical failure and/or

4 required maintenance. The City shall be responsible for providing notice of the City’s desired message content and the duration of message display for the LED Signs to Association, or its designee, at least seven (7) business days in advance of the date and time for publication (“Notice of Content”), except in the case of an emergency; provided, however, that the City’s message content shall only pertain to (i) City sponsored events, (ii) events held at City facilities, (iii) City recreation programs, or (iv) public service announcements as determined at the City’s sole and absolute discretion; and provided further that no City message content shall relate to any auto sales, auto services or auto products (the message content permitted hereunder is referred to herein as “Permitted Messages”). If the Notice of Content is timely provided by City, Association shall provide timely publication of the Permitted Messages at the City designated date, time and period of publication (“Publication Time”), subject to (i) Association’s consent to the Publication Time, which shall not be unreasonably withheld, delayed, or denied, in light of the City’s targeted audience and purposes for publication.

6. Association Use of LED Signs. The Association shall limit content displayed on the LED Signs to on premise advertising of Association auto sales, promotions, products and services, and related business activity associated with all of the properties zoned as Automobile Zone (AZ) within the City of Industry.

7. Maintenance and Repair. The Association shall maintain the LED Signs in good and operable condition during the Term and any authorized extension thereto. The Association shall be responsible for maintenance and repair responsibilities for the LED Signs and the City shall have no obligation to maintain and/or repair or cause or incur any costs related to the maintenance and/or repair of the LED Signs nor should it have any obligation to maintain and/or repair or pay the utilities for the LED Signs. Any period during which the LED Signs are inoperative, including any inoperative periods during maintenance and/or repair, shall not be considered as City Operating Time.

8. Installation, Construction and Removal. City shall bear no responsibility for installation, construction, and/or removal of the LED Signs. The Association shall be responsible for obtaining and/or complying with all regulations, approvals and/or permits required by any government agency having jurisdiction therefore (“Required Approvals”), including any permits and/or regulations required by the Outdoor Advertising Act (California Business and Professions Code sections 5200-5231). The Association understands and agrees that the City’s approval of this Agreement shall not constitute a Required Approval and Association’s failure to obtain all Required Approvals shall constitute a default hereunder.

9. Costs and Expenses. The Association shall be responsible for installing and/or providing all utility services for operation of the LED Signs in accordance with this Agreement. The Association shall be responsible for all utility services for operation of the LED Signs . Except for the City Payment, set forth herein, the City shall not be responsible for any costs or expenses associated with the LED Signs or the surrounding property including, without limitation, installing and/or providing utility services for operation of the LED Signs and any and all real or personal property taxes and other charges (including any increase caused by a change in the tax rate or by a change in assessed valuation) of any description levied or assessed on or against the properties on which the LED Signs are located or the LED Signs.

10. Assignment.

10.1 Assignment By Association. The Association shall not assign any rights under this Agreement to any individual, partnership, limited partnership, trust, estate, association,

5 corporation, limited liability company, or other entity, domestic or foreign (collectively, “Person”) without the prior written consent of the City. In the event that the Association is permitted to assign this Agreement (or any portion hereof), the City may require the assignee to enter into an assignment and assumption agreement.

10.2 Assignment by City. City shall not assign, license, lease, sell, or otherwise transfer any rights under this Agreement to any Person. Without limiting the generality of the forgoing, this section 10.2 shall be deemed to prohibit City from, in any manner, (i) assigning, licensing, leasing, selling or otherwise transferring the City Operating Time, and any portion thereof, to any Person; and (ii) including in any Notice of Content any message content prepared or requested by any Person other than the Parties to this Agreement or for which the City will receive any consideration of any kind whatsoever from any Person other than the Parties to this Agreement.

11. Liens.

11.1 Association shall not cause or permit to be filed, recorded or enforced against the LED Signs, or any part thereof, any mechanics’, material men’s, contractors’ or subcontractors’ liens arising from the refurbishment or any claim or action affecting the title to the LED Signs arising from the refurbishment, and the Association shall pay or cause to be paid, or otherwise removed or bonded over, the full amount of all such liens or claim within fifteen (15) days of receiving written notice thereof. In addition to and not in limitation of City’s other rights and remedies under this Agreement or under law, should the Association fail within fifteen (15) business days of a written notice from the City to pay and discharge or bond over any lien arising out of the Association’s use of the LED Signs, then a material breach under this Agreement shall be deemed to have occurred which, at the City’s election, shall entitle the City to terminate this License effective upon notice by the City to the Association so stating.

11.2 If the Association desires to contest in good faith the validity of any lien or any claim or demand that could result in a lien against the LED Signs or any portion thereof for which the City could become liable if not successfully resolved, as a condition to such contest, the Association shall notify the City of the Association’s intent to contest the lien or claim and the grounds for such contest. Notwithstanding anything to the contrary set forth herein, the Association shall pay and satisfy any adverse judgment that may be rendered thereon before the enforcement thereof against the City or the LED Signs.

12. Insurance.

Prior to entering the performing any work on the LED Signs and/or receipt of payment by the City as set forth herein, and until the termination of this Agreement, the Association shall maintain at its sole expense insurance limits as set forth in this section.

12.1 Minimum Scope and Limit of Insurance. Coverage shall be at least as broad as:
(a) Commercial General Liability (CGL): Insurance Services Office Form CG 00 01 covering CGL on an “occurrence” basis, including products and completed operations, property damage, bodily injury and personal and advertising injury with limits no less than $2,000,000 per occurrence and $4,000,000 in the aggregate.

6 (b) Automobile Liability: Insurance Services Office Form Number CA 0001 covering, Code 1 (any auto), or if The Association has no owned autos, Code 8 (hired) and 9 (non-owned), with limits no less than $1,000,000 per accident for bodily injury and property damage. (c) Workers’ Compensation insurance as required by the State of California, with Statutory Limits, and Employer’s Liability Insurance with limit of no less than $1,000,000 per accident for bodily injury or disease.

12.2 Other Insurance Provisions. The insurance policies are to contain, or be endorsed to contain, the following provisions:
(a) Additional Insured Status. The City and City Representatives, (as defined in Section 8, below) are to be additional insureds on the CGL policy with respect to liability arising out of The Association’s use of the Premises.

General liability coverage can be provided in the form of an endorsement to the Association’s insurance (at least as broad as ISO Form CG 20 10 11 85 or both CG 20 10 and CG 20 37 forms if later revisions used). (b) Primary Coverage. For any claims related to this Agreement, the Association’s insurance coverage shall be primary insurance as respects the City/City Representatives. Any insurance or self-insurance maintained by the City/City Representatives, shall be excess of the Association’s insurance and shall not contribute to it.

I Contractors and Subcontractors. The Association shall require and verify that all contractors and subcontractors maintain insurance meeting all the requirements stated herein, and The Association shall ensure that The City/City Representatives are additional insureds on insurance required from contractors/subcontractors. For CGL coverage contractors and subcontractors shall provide coverage with a format least as broad as CG 20 38 04 13.
(d) Notice of Cancellation. Each insurance policy required above shall state that coverage shall not be canceled, except with notice to the City. (e) Waiver of Subrogation. The Association hereby grants to City a waiver of any right to subrogation which any insurer of the Association may acquire against the City by virtue of the payment of any loss under such insurance. The Association agrees to obtain any endorsement that may be necessary to affect this waiver of subrogation provided such endorsement is available on commercially reasonable terms, but this provision applies regardless of whether or not the City has received a waiver of subrogation endorsement from the insurer.
(f) Deductibles and Self-Insured Retentions. Any deductibles or selfinsured retentions must be declared to and approved by the City. The City may require the Association to provide proof of ability to pay losses and

7 related investigations, claim administration, and defense expenses within the retention.
(g) Acceptability of Insurers. Insurance is to be placed with insurers with a current A.M. Best’s rating of no less than A:VII, unless otherwise acceptable to the City.
(h) Deductibles. All such insurance shall have deductibility limits of not greater than $50,000.00 unless otherwise approved by the City. (i) Verification of Coverage. The Association shall furnish the City with original certificates and amendatory endorsements or copies of the applicable policy language providing the insurance coverage required above. All certificates and endorsements are to be received and approved by the City before exercise of the Permitted use commences. However, failure to obtain the required documents prior to the exercise of the Permitted Use shall not waive the Association’s obligation to provide them.

The City reserves the right to require complete copies of all required insurance policies, including endorsements, required by these specifications, at any time.
(j) Occurrence Basis Coverage. All policies shall be written on an occurrence basis unless otherwise approved by the City.

13. Indemnification. From and after the execution of this Agreement, the Association hereby agrees to indemnify, defend, protect and hold harmless, with counsel of the City’s choosing, the City and any and all predecessors, successors, assigns, agents, officials, employees, members, independent contractors, affiliates, principals, officers, directors, attorneys, accountants, representatives, staff, and council members of the City collectively, the “City Representatives”, and each of them, from and against all claims, including any claims from any third party beneficiary to this Agreement, causes of action, liabilities, losses, damages, injuries, expenses, charges, penalties, or costs, of whatsoever character, nature and kind, (including attorney’s fees and costs incurred by the indemnified Party with respect to legal counsel of its choice), whether to property or to person(s), and whether by direct or derivative action, known or unknown, suspected or unsuspected, latent or patent, existing or contingent (collectively “Losses and Liabilities”), related directly or indirectly to, or arising out of or in any way connected with any of the activities of the Association, its agents, employees, the Associations, lessees, representatives, invitees, contractors, subcontractors or independent contractors on or near the LED Signs. This indemnification requires the Association to indemnify the City and any and all City Representatives from and against all Losses and Liabilities, including attorneys’ fees, arising out of the use or release of any Hazardous Substances on or near the LED Signs by the Association.

The Association’s obligation to defend shall arise regardless of any claim or assertion that the City caused or contributed to the Losses and/or Liabilities, provided.

14. Compliance with Law. The Association shall erect, re-erect, construct, enlarge, alter, repair, move, improve, convert, equip, use, operate, and/or maintain the LED Signs in compliance with all applicable laws, rules and regulations, including, but not limited to, all applicable federal and state labor laws (collectively, “Regulations”). The Association hereby expressly acknowledges and agrees that City has never previously affirmatively represented to Association or its contractor for the LED Signs, in writing or otherwise, in a call for bids or otherwise, that the work to be

8 covered by the bid or contract for installation of the LED Signs is not a “public work”, as defined in Section 1720 of the Labor Code. The Association hereby agrees that Association shall have the obligation to provide any and all disclosures, representations, statements, rebidding, and/or identifications which may be required by Labor Code Sections 1726 and 1781, as the same may be enacted, adopted or amended from time to time, or any other provision of law. Association hereby agrees that Association shall have the obligation to provide payment to contractors (including the payment of wages to workers performing any public work) which may be required by Labor Code Section 1781 as the same may be enacted, adopted or amended from time to time, or any other provision of law. Association shall defend, hold harmless and indemnify the City and its respective officials, officers, employees, contractors and agents, from and against any and all loss, liability, damage, claim, cost, expense, and/or “increased costs” (including labor costs, penalties, reasonable attorney’sfees, court and litigation costs, and fees of expert witnesses) which, in connection with the refurbishing of the LED Signs, including, without limitation, any and all public works (as defined by applicable law), results or arises in any way from any of the following:
(1) the noncompliance by Association of any applicable local, state and/or federal law, including, without limitation, any applicable federal and/or state labor laws (including, without limitation, if applicable, the requirement to pay state prevailing wages); (2) the implementation of Sections 1726 and 1781 of the Labor Code, as the same may be enacted, adopted or amended from time to time, or any other similar law; (3) failure by Association to provide any required disclosure representation, statement, rebidding and/or identification which may be required by Labor Code Sections 1726 and 1781, as the same may be enacted, adopted or amended from time to time, or any other provision of law; and/or (4) failure by Association to provide and maintain any and all payments to contractors (including the payment of wages to workers performing any public work) which may be required by Labor Code Section 1781, as the same may be enacted, adopted or amended from time to time, or any other provision of law. It is agreed by the Parties that, in connection with the refurbishing of the LED Signs, including, without limitation, any public work (as defined by applicable law), the Association shall bear all risk of payment or non-payment of state prevailing wages for on-site labor and/or the implementation of Labor Code Sections 1726 and 1781, as the same may be enacted, adopted or amended from time to time, and/or any other provision of law. “Increased costs” as used in this Section shall have the meaning ascribed to it in Labor Code Section 1781, as the same may be enacted, adopted or amended from time to time.

15. Notices. Any notice to be given or other document to be delivered by either Party to the other may be delivered in person or may be deposited in the United States mail, with first class postage prepaid, and addressed as follows:

Association: Puente Hills Auto Center Association
655 N. Central Ave 17th Floor
Glendale, CA 91203
Attn: Mike Gilligan
City: City of Industry
15625 Mayor Dave Wy
City of Industry, CA 91744
Attn: City Manager
With a Copy to: Casso & Sparks, LLP
13300 Crossroads Parkway North

9 Suite 410
City of Industry, CA 91746
Attn: City Attorney

16. City Default. Failure or delay by City to perform or comply with any term or provision of this Agreement constitutes a default under this Agreement. In the event of any failure or delay by City to make payment when due, the Association may immediately seek any available remedy.

With respect to any other default, the following shall apply: Association shall give written notice of default to the City in the event of such default by City, specifying the default complained of by Association; If the default is reasonably capable of being cured within thirty (30) days after such notice is received or deemed received, City shall have such period to effect a cure prior to exercise of remedies by Association; If the default is such that it is not reasonably capable of being cured within thirty (30) days, and City (a) initiates corrective action within said 30-day period, and (b) diligently, continually, and in good faith works to effect a cure as soon as possible, then City shall have such additional time as is reasonably necessary to cure the default prior to exercise of any remedies by Association; provided, however, in no event shall Association be precluded from exercising remedies if the event of default is not cured within ninety (90) days or Association’s rights under this Agreement or otherwise become or are about to become materially jeopardized by any failure to cure a default. In the event that City fails to cure a default (other than any failure or delay by City to make payment when due) in accordance with the provisions of this Section 15, Association may exercise any or all of the following remedies: (i) institute a legal action to seek specific performance of City’s obligations under this Agreement; or (ii) terminate this Agreement.

17. Association Default. Failure or delay by the Association to perform or comply with any term or provision of this Agreement constitutes a default under this Agreement. The City shall give written notice of default to the Association, specifying the default complained of by the City.

If the default is reasonably capable of being cured within thirty (30) days after such notice is received or deemed received, the Association shall have such period to effect a cure prior to exercise of remedies by the City. If the default is such that it is not reasonably capable of being cured within thirty (30) days, and Association (a) initiates corrective action within said 30-day period, and (b) diligently, continually, and in good faith works to effect a cure as soon as possible, then Association shall have such additional time as is reasonably necessary to cure the default prior to exercise of any remedies by City; provided, however, in no event shall City be precluded from exercising remedies if the event of default is not cured within ninety (90) days or City’s rights under this Agreement or otherwise become or are about to become materially jeopardized by any failure to cure a default. In the event that the Association fails to cure a default in accordance with the provisions of this Section 16, City may exercise any or all of the following remedies: (i) institute a legal action to seek specific performance of the Association’s obligations under this Agreement; or (ii) terminate this Agreement. Such remedies shall be in addition to all other applicable legal and equitable remedies available to the City, including unearned, prepaid License payments.

18. Association’s Duty of Restoration. The Association shall be responsible for the restoration of the LED Signs in accordance with the damage and destruction clauses in this Section 16.

18.1 In case of any damage to or destruction of the LED Signs, or any part thereof, Association shall commence the restoration, replacement or rebuilding of the LED Signs with such alterations and additions as may be approved by the City Manager (such restoration, replacement, rebuilding alterations and additions, together with any temporary repairs and property

10 protection pending completion of the work being herein called “Restoration”) and in compliance with the City of Industry Municipal Code within thirty (30) days of such damage or destruction or such longer time as may be reasonably approved, in writing, by the City Manager, plus any additional period reasonably determined by the City Manager to be required to obtain any Net Insurance Proceeds, as hereinafter defined, to be used to pay all or a portion of the cost of such Restoration, and shall complete such Restoration within a reasonable period of time thereafter. As used herein, the term “Net Insurance Proceeds” means the gross insurance proceeds paid by an insurer to Association for loss or damage to the LED Signs, less any and all costs and expenses (including, but not limited to reasonable attorney’s fees) incurred to recover said proceeds.

Association agrees to promptly commence and prosecute to completion the settlement of insurance proceeds with respect to any event of damage or destruction of the LED Signs.

18.2 Association agrees that notwithstanding any other provision of this Agreement, upon any event of damage to or destruction of the LED Signs, Association shall, at its sole cost and expense, immediately take or cause to be taken such actions and to complete such work as is necessary to reasonably minimize further damage to the LED Signs pending the ultimate disposition of the LED Signs.

18.3 Insurance proceeds which are received on account of any damage to or destruction of the LED Signs, or any portion thereof (less the costs, fees and expenses incurred in the collection thereof, including without limitation attorney’s fees and expenses) shall be applied as follows:

1. Within a reasonable time and in any event within 180 days after the damage to or destruction of the LED Signs, Association shall furnish, or cause to be furnished to City evidence reasonably satisfactory to City (a) of the total cost of Restoration of the damaged or destroyed LED Signs and (b) that the total amount of money available will, when added to the Net Insurance Proceeds received and available to pay for the Restoration, be sufficient to pay the cost of such Restoration.

2. Net Insurance Proceeds received on account of any damage to or destruction of the LED Signs, or any part thereof, shall be paid to Association or as Association may direct from time to time, as Restoration progresses, solely to pay or reimburse Association for the cost of Restoration.

19. City Contract. Administration. The City Manager shall administer this Agreement on behalf of City, subject to the final approval by the City Council. Except as otherwise expressly provided in this Agreement, the City Council has the sole authority to approve or consent to those matters in this Agreement requiring City’s approval or consent and to make all other decisions on behalf of City.

20. Further Documents. The Parties hereby agree to execute such other documents and to take such other action as may be reasonably necessary to further the purposes of this Agreement.

21. Time of the Essence. Time is of the essence in this Agreement.

22. Governing Law and Venue. This Agreement shall be governed by, interpreted under, and construed and enforced in accordance with the laws of the State of California. The Parties each acknowledge and agree that this Agreement is entered into and is to be fully performed in the City of Industry, County of Los Angeles, State of California, and that all legal actions arising from this Agreement shall be filed in the Superior Court of the State of California in and for the County of

11 Los Angeles, California, or the United States District Court with jurisdiction in the County of Los Angeles, California.

23. No Limitation on City Authority. Nothing in this Agreement shall be deemed to limit, modify or abridge the governmental police power or other legal authority (whether direct or delegated) of City regarding the LED Signs, or the Association.

24. Binding Effect. This Agreement shall be binding upon and inure to the benefit of the Parties hereto and their permitted successors and assigns.

25. Third Party Beneficiaries. The Parties to this Agreement acknowledge and agree that the provisions of this Agreement are for the sole benefit of City and Association, and not for the benefit, directly or indirectly, of any other person or entity.

26. Severance. If any provision of this Agreement is determined by a court of competent jurisdiction to be illegal, invalid or unenforceable, such provision will be deemed to be severed and deleted from this Agreement as a whole and neither such provision, nor its severance and deletion shall in any way affect the validity of the remaining provisions of this Agreement.

27. Counterparts. This Agreement may be executed in counterparts and when so executed, each such counterpart will constitute an original document and such counterparts will constitute one and the same agreement.

28. Electronic Signature. The Parties agree that the Parties may use electronic signatures to execute this Agreement. Any use of electronic signatures to execute this Agreement shall comply with the City’s Electronic Signature Use Policy, and such signatures shall have the same force and effect as if this Agreement were executed by hand. Association acknowledges that it has had an opportunity to request and review the City’s Electronic Signature Use Policy, and Association agrees to comply with the Electronic Signature Use Policy. The Association agrees to indemnify, defend, and hold the City harmless from any claim, damage, or liability associated with transmitting an electronic signature or an electronically signed record by electronic transmission. [SIGNATURES ON FOLLOWING PAGE]

12 IN WITNESS WHEREOF, the City and Association have executed and entered into this Agreement as of the date first written above.

CITY:

CITY OF INDUSTRY,
A California municipal corporation
By:

Joshua Nelson, City Manager
ASSOCIATION:

PUENTE HILLS AUTO CENTER
ASSOCIATION, a Nonprofit Corporation –
CA – Mutual Benefit
By:

Name: Mike Gilligan
Title: Association President
Attest:

By:

Julie Gutierrez-Robles, City Clerk
Approved as to form:

By:

James M. Casso, City Attorney

1 EXHIBIT "1"
TO

LICENSE AGREEMENT
(Puente Hills Auto Center Sign #1, Sign #2 & Sign #3)
Renderings
[Attached behind this cover page]

2 PUENTE HILLS AUTO CENTER SIGN #1

3 PUENTE HILLS AUTO CENTER SIGN #2
Remove existing channel letters “PUENTE
HILL AUTO CENTER”. After removal of
letters, overlay face area with new
aluminum with paint finish t/m Blue PMS
280 C (to cover holes). Fabricate new
channel letters with new graphic font as
shown and install flush onto new overlay
face.

New channel letters fabricated from
aluminum with (5) inch deep returns prefinished satin black. White trim cap retainers with white acrylic faces.

New white LED modules installed within
each letter with new power supply located
inside sign body. All specs to matched on
both sides of sign.

Remove existing LED displays, dispose of,
install new LED displays.

Remove all brand panels, lighting, and
dispose of. Install new brand panels with
new white LED internal illumination.

Fabricate and install new “City of Industry”
double faced sign cabinet illuminated with
internal white LEDs.

High Pressure wash complete structure and
repaint
LED Displays
- 10mm LED Resolution
-504 Pixels High X 1120 Pixels Wide
-7,500 Nits Brightness

4 PUENTE HILLS AUTO CENTER SIGN #3
Remove existing channel letters “PUENTE
HILL AUTO CENTER”. After removal of
letters, overlay face area with new aluminum
with paint finish t/m Blue PMS 280 C (to
cover holes). Fabricate new channel letters
with new graphic font as shown and install
flush onto new overlay face.

New channel letters fabricated from
aluminum with (5) inch deep returns prefinished satin black. White trim cap retainers with white acrylic faces.

New white LED modules installed within
each letter with new power supply located
inside sign body. All specs to matched on
both sides of sign.

Remove existing LED displays, dispose of,
install new LED displays.

Remove all brand panels, lighting, and
dispose of. Install new brand panels with
new white LED internal illumination.

Fabricate and install new “City of Industry”
double faced sign cabinet illuminated with
internal white LEDs.

High Pressure wash complete structure and
repaint
LED Disp lays
- 10mm LED Re solution
-504 Pixe ls Hig h X 1120 Pixe ls Wid e
-7,500 Nits Brig htne ss

1 EXHIBIT "2"
TO

LICENSE AGREEMENT
(Puente Hills Auto Center Sign #2 & Sign #3)
Sale Agreements & Exhibits
[Attached behind this cover page]

3 EXHIBIT A: RENDERINGS

PYLON SIGN #2
Remove existing channel letters “PUENTE
HILL AUTO CENTER”. After removal of
letters, overlay face area with new
aluminum with paint finish t/m Blue PMS
280 C (to cover holes). Fabricate new
channel letters with new graphic font as
shown and install flush onto new overlay
face.

New channel letters fabricated from
aluminum with (5) inch deep returns prefinished satin black. White trim cap retainers with white acrylic faces.

New white LED modules installed within
each letter with new power supply located
inside sign body. All specs to matched on
both sides of sign.

Remove existing LED displays, dispose of,
install new LED displays.

Remove all brand panels, lighting, and
dispose of. Install new brand panels with
new white LED internal illumination.

Fabricate and install new “City of Industry”
double faced sign cabinet illuminated with
internal white LEDs.

High Pressure wash complete structure and
repaint
LED Displays
- 10mm LED Resolution
-504 Pixels High X 1120 Pixels Wide
-7,500 Nits Brightness

4 EXHIBIT A: RENDERINGS (Cont’d)

PYLON SIGN #1
Remove existing channel letters “PUENTE
HILL AUTO CENTER”. After removal of
letters, overlay face area with new aluminum
with paint finish t/m Blue PMS 280 C (to
cover holes). Fabricate new channel letters
with new graphic font as shown and install
flush onto new overlay face.

New channel letters fabricated from
aluminum with (5) inch deep returns prefinished satin black. White trim cap retainers with white acrylic faces.

New white LED modules installed within
each letter with new power supply located
inside sign body. All specs to matched on
both sides of sign.

Existing (No Change)
Existing (No change)
Existing (No Change)
Existing (No Change)

5 EXHIBIT B: PRICING TABLE
CATEGORY DESCRIPTION LED 10MM
LED Displays SNA 10MM LED Displays, 7,500
Nits $355,886.00
Sign Fabrication &
Installation
Blake Sign Company
Channel Letters Sign #2
Channel Letters Sign #1 (50%)
$231,551.00
$36,316.00
$23,280.00
Sales Tax State of California $27,539.00
Freight Included with LED Display ---
Sub Total $674,572.00
EMI Project Management $34,347.00
Grand Total $708,919.00

7 EXHIBIT A: RENDERINGS

PYLON SIGN #3
Remove existing channel letters “PUENTE
HILL AUTO CENTER”. After removal of
letters, overlay face area with new aluminum
with paint finish t/m Blue PMS 280 C (to
cover holes). Fabricate new channel letters
with new graphic font as shown and install
flush onto new overlay face.

New channel letters fabricated from
aluminum with (5) inch deep returns prefinished satin black. White trim cap retainers with white acrylic faces.

New white LED modules installed within
each letter with new power supply located
inside sign body. All specs to matched on
both sides of sign.

Remove existing LED displays, dispose of,
install new LED displays.

Remove all brand panels, lighting, and
dispose of. Install new brand panels with
new white LED internal illumination.

Fabricate and install new “City of Industry”
double faced sign cabinet illuminated with
internal white LEDs.

High Pressure wash complete structure and
repaint
LED Displays
- 10mm LED Resolution
-504 Pixels High X 1120 Pixels Wide
-7,500 Nits Brightness

8 EXHIBIT A: RENDERINGS (Cont’d)

PYLON SIGN #1
Remove existing channel letters “PUENTE
HILL AUTO CENTER”. After removal of
letters, overlay face area with new
aluminum with paint finish t/m Blue PMS
280 C (to cover holes). Fabricate new
channel letters with new graphic font as
shown and install flush onto new overlay
face.

New channel letters fabricated from
aluminum with (5) inch deep returns prefinished satin black. White trim cap retainers with white acrylic faces.

New white LED modules installed within
each letter with new power supply located
inside sign body. All specs to matched on
both sides of sign.

Existing (No Changes)
Existing (No changes)
Existing (No Changes)
Existing (No changes)

9 EXHIBIT B: PRICING TABLE

CATEGORY DESCRIPTION LED 10MM
LED Displays SNA 10MM LED Displays, 7,500
Nits $355,886.00
Sign Fabrication &
Installation
Blake Sign Company
Channel Letters Sign #3
Channel Letters Sign #1
$217,891.00
$36,316.00
$23,280.00
Sales Tax State of California $27,147.00
Freight Included with LED Display ---
Sub Total $660,520.00
EMI Project Management $33,573.00
Grand Total $694,093.00

EXHIBIT "3"
TO

LICENSE AGREEMENT
2014 Puente Hills Auto Center Message Board Lease Agreement [Attached behind this cover page]

PUENTE HILLS AUTO CENTER

MESSAGE BOARD LEASE AGREEMENT
This PUENTE HILL AUTO CENTER MESSAGE BOARD LEASE AGREEMENT Agreement") is dated as of the day of November 2014 (" Effective Date") by and between the CITY OF INDUSTRY a California municipal corporation (" C i t r") and, PUENTE HILLS IMPORTS DBA PUENTE HILLS TOYOTA AND SCION, a California corporation (" Toyota") and the PUENTE HILLS AUTO CENTER ASSOCIATION ( WEST) (" Association") A. Recitals.

This Lease is entered into based upon the following facts, circumstances and understandings:

1. Toyota owns and operates an electronic Auto Center Message Board (" Auto Center Message Board") on that certain real property owned by an affiliate of Toyota in the City of Industry, California (" Property"), which Property is further described in Exhibit " A" attached to this Agreement and incorporated herein by this reference.

2. Toyota, and Association and City each desire to refurbish the existing Auto Center Message Board, which refurbishing will include installation of new Auto Center Message Board panels, as further described in Exhibit " B" attached to this Agreement and incorporated herein by this reference. City is willing to participate in the cost to refurbish the Auto Center Message Board in return for the City obtaining a leasehold interest to display certain messages as provided for hereunder on the Auto Center Message Board.

3. Association has entered into a contract, dated April 25, 2013, to refurbish the Auto Center Message Board with Electra- Media, Inc. as set forth in Exhibit " B." A rendering detailing the conversion of the existing LED Sign to the proposed Auto Center Message Board is attached hereto as Exhibit " C."
B. Lease.

For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Toyota and Association and City agree as follows:

1. Lease. For a period of ten ( 10) years from the filing of a Notice of Completion for the refurbishment of the Auto Center Message Board ( the " Term"), Toyota, hereby leases to the City, and City hereby leases from Toyota, fifteen percent ( 15%) of the Auto Center Message Board' s operating time each hour(" City Operating Time") for purposes of displaying the City' s Permitted Messages ( as defined in Section 3 below) prepared by City, which message content shall not be subject to edit or modification by Association (" Lease"). Upon the expiration of the Term, unless extended by mutual agreement of the parties, this Agreement shall automatically terminate and no additional instrument, consent or action by any party shall be required to terminate this Agreement. Upon the termination of this Agreement, the City shall execute any document and take any action as may be reasonably necessary to evidence such termination. All parties to this Agreement acknowledge and agree that the status of Toyota as the owner of the Auto Center Message Board is not altered or modified in any manner as a result of this Agreement or the refurbishment of the Auto Center Message Board.

1. 1 EDIS Service Messayes. The City Operating Time may include use of the Auto Center Message Board to publish messages from the State of California' s Emergency Digital Information Service (" EDIS"). Association agrees to work cooperatively and in good faith with

the City, by providing reasonable technical assistance, in the event that the City desires to publish EDIS messages during the City Operating Time.

2. Consideration. In consideration for the Lease, and subject to the City's confirmation that the Auto Center Message Board is in conformance with ( i) the sign panel as described in Exhibits " B" and " C"; ( ii) all Regulations, as defined herein below, City shall pay to the Association the lesser amount of the Actual Costs to refurbish the Auto Center Message Board or an amount not to exceed Five Hundred Ninety Seven Thousand Dollars ($ 597, 000) City Payment"), which shall be paid in installments as set forth in Exhibit " B." " Actual Costs" shall mean the direct cost to refurbish the Auto Center Message Board, including, without limitation, any payments to a third party licensed contractor to refurbish the Auto Center Message Board, but excluding Association overhead and/ or profit.

3. City Use of Auto Center Messaqe Board. The Auto Center Message Board shall be operative every hour of every calendar day of each year during the Term, except when inoperative due to mechanical or electrical failure and/ or required maintenance. The City shall be responsible for providing notice of the City' s desired message content for the Auto Center Message Board to Association or its designee at least seven ( 7) business days in advance of the date and time for publication (" Notice of Content"), except in the case of an emergency; provided, however, that the City' s message content shall only pertain to ( i) City sponsored events, ( ii) events held at City facilities, ( iii) City recreation programs, or ( iv) public service announcements ( including EDIS messages); and provided further that no City message content shall relate to any auto sales, auto services or auto products ( the message content permitted hereunder is referred to herein as " Permitted Messages"). If the Notice of Content is timely provided by City, Association shall endeavor to provide timely publication of the Permitted Messages at the City designated date, time and period of publication (" Publication Time"), subject to ( i) Association' s consent to the Publication Time, which shall not be unreasonably withheld in light of the City's targeted audience and purposes for publication, and ( ii) Association' s determination that the message content contained in the Notice of Content are Permitted Messages. In the event that Association does not consent to the City' s proposed Publication Time or the message content, Association shall provide written notice to the City, stating the reasons for withholding consent (" Notice of Refusal"), within three ( 3) business days of receiving the City' s Notice of Content, after which City shall have the option to either provide alternative content for publication at the Publication Time or to select a new date and time for content to be published.

4. Maintenance and Repair. Toyota shall be responsible to maintain the Auto Center Message Board in good and operable condition during the Term and any authorized extension thereto. City shall have no obligation to maintain and/ or repair, or cause the maintenance and/ or repair of, the Auto Center Message Board. Any period during which the Auto Center Message Board is inoperative, including any inoperative periods during maintenance and/ or repair, shall not be considered as City Operating Time.

5. Installation. Construction and Removal. City shall bear no responsibility for installation, construction, and/ or removal of the Auto Center Message Board. Toyota and Association shall be responsible for obtaining and/or complying with all regulations, approvals and/ or permits required by any government agency having jurisdiction therefore (" Required Approvals"), including any permits and/ or regulations required by the Outdoor Advertising Act California Business and Professions Code sections 5200- 5231). Toyota and Association understand and agree that the City' s approval of this Agreement shall not constitute a Required Approval and Association' s failure to obtain all Required Approvals shall constitute a default hereunder.

6. Costs and Expenses. Toyota shall be responsible for installing and/ or providing all utility services for operation of the Auto Center Message Board in accordance with this Agreement. Except for the City Payment, City shall not be responsible for any costs or expenses associated with the Auto Center Message Board or the surrounding property including, without limitation, installing and/ or providing utility services for operation of the Auto Center Message Board and any and all real or personal property taxes and other charges including any increase caused by a change in the tax rate or by a change in assessed valuation) of any description levied or assessed on or against the Property or the Auto Center Message Board.

7. Assiqnment.

7. 1 Assignment by Toyota and/ or Association. Toyota and/ or Association shall not assign any rights under this Agreement to any individual, partnership, limited partnership, trust, estate, association, corporation, limited liability company, or other entity, domestic or foreign collectively, " Person") without the prior written consent of the City or authorized designee. In the event that Association is to assign this Agreement ( or any portion hereto), the City may require the assignee to enter into an assignment and assumption agreement.

7. 2 Assignment by City. City shall not assign, license, lease, sell or otherwise transfer any rights under this Agreement. This section 7.2 shall be deemed to prohibit City from, in any manner, ( i) assigning, licensing, leasing, selling or otherwise transferring the City Operating Time, and any portion thereof, to any Person; and ( ii) including in any Notice of Content any message content prepared or requested by any Person other than the parties to this Agreement or for which the City will receive any consideration of any kind whatsoever from any Person other than the parties to this Agreement. The foregoing subsection ( ii) shall not be interpreted to prohibit the City from providing message content related to events held at City facilities, notwithstanding consideration provided to the City under a facilities lease or use agreement that includes provisions relating to publicity on the Auto Center Message Board.

8. Indemnification.

8. 1 Toyota and Association shall defend, indemnify and hold harmless (collectively, Indemnify") the City and its elected and appointed officers, employees, contractors, representatives, and agents ( collectiVely, " City Indernnitees") from and against all claims, liability, loss, damage, costs or expenses ( including attorneys' fees and court costs) collectively, " Claims") arising from the acts or omissions of Toyota and Association, its officers, employees, contractors, representatives, and agents ( collectively, " Indenmitors") in connection with the Toyota' s and Association' s use, repair, maintenance, and refurbishing of the Auto Center Message Board; provided, however, that Toyota and Association shall have no duty to Indemnify the City Indemnitees against any Claims arising from any act or omission of the City Indemnities.

8. 2 City shall Indemnify the Toyota and Association and its officers, employees, contractors, representatives, and agents ( collectively, " Association Indemnitees") from and against all Claims arising from the acts or omissions of City, its officers, employees, contractors, representatives, and agents ( collectively, " City Indenmitors") in connection with the City' s use of the Auto Center Message Board; provided, however, that City shall have no duty to Indemnify the Association Indemnitees against any Claims arising from any act or omission of the Association Indemnities.

9. Insurance. During the Term, and without diminishing its responsibilities to Indemnify the City Indemnitees or Association Indemnitees, Toyota shall obtain and maintain the following insurance coverage:

9. 1 Liabilitv Insurance. Commercial general liability insurance insuring against claims for bodily injury, personal injury, death or property damage occurring upon, on or about the Auto Center Message Board, with a minimum liability limit of Two Million Dollars 2, 000, 000) for anyone occurrence and Two Million Dollars ($ 2, 000, 000) aggregate.

9. 2 Property Insurance. Insurance providing coverage for the Auto Center Message Board insuring against loss, damage, or destruction by fire or other hazards encompassed under the broadest form of property insurance coverage then customarily used for like properties in Los Angeles County, in an amount equal to one hundred percent ( 100%) of the replacement value ( without deduction for depreciation) of the Sign ( excluding excavations and foundations) and in any event sufficient to avoid co- insurance and with no co- insurance penalty provision, with " ordinance or law" coverage. To the extent customary for like properties in Los Angeles County at the time, such insurance shall include an " increased cost of construction" endorsement and an endorsement of debris removal.

9. 3 Toyota may provide any insurance required hereunder through a " blanket" or umbrella" insurance policy. All insurance obtained and maintained by Toyota in satisfaction of the requirements of this Agreement shall be fully paid for and non- assessable. The Property Insurance policy shall name City as a " loss payee." The Liability Insurance policy shall name the City Indemnities as " additional insured." The coverage afforded to the City Indemnities shall be at least as broad as that afforded to Toyota and may not contain any terms, conditions, exclusions, or limitations applicable to the City Indemnities that do not apply to Toyota. Any insurance or self-insurance maintained by the City Indemnities shall be excess of all insurance required to be maintained by Toyota under this Agreement and shall not contribute with any insurance required to be maintained by Toyota under this Agreement. Toyota shall furnish, or cause to be furnished, to the City evidence of the insurance required to be maintained by Association under this Agreement.

10. Compliance with Law. Toyota and Association shall erect, re- erect, construct, enlarge, alter, repair, move, improve, convert, equip, use, operate, and/ or maintain the Auto Center Message Board in compliance with all applicable laws, rules and regulations, including, but not limited to, all applicable federal and state labor laws ( collectively, " Regulations").

Toyota and Association hereby expressly acknowledges and agrees that City has never previously affirmatively represented to Toyota and Association or its contractor for the Auto Center Message Board, in writing or otherwise, in a call for bids or otherwise, that the work to be covered by the bid or contract for installation of the Auto Center Message Board is not a public work," as defined in Section 1720 of the Labor Code. Toyota and Association hereby agrees that Association shall have the obligation to provide any and all disclosures, representations, statements, rebidding, and/ or identifications which may be required by Labor Code Sections 1726 and 1781, as the same may be enacted, adopted or amended from time to time, or any other provision of law. Association hereby agrees that Association shall have the obligation to provide and maintain any and all bonds to secure the payment of contractors including the payment of wages to workers performing any public work) which may be required by Labor Code Section 1781 as the same may be enacted, adopted or amended from time to time, or any other provision of law. Toyota and Association shall defend, hold harmless and indemnify the City and its respective officials, officers, employees, contractors and agents, from and against any and any loss, liability, damage, claim, cost, expense, and/ or" increased costs" ( including labor costs, penalties, reasonable attorneys fees, court and litigation costs,

and fees of expert witnesses) which, in connection with the refurbishing of the Auto Center Message Board, including, without limitation, any and all public works ( as defined by applicable law), results or arises in any way from any of the foilowing: ( 1) the noncompliance by Association of any applicable local, state and/ or federal law, including, without limitation, any applicable federal and/or state labor laws ( including, without limitation, if applicable, the requirement to pay state prevailing wages); ( 2) the implementation of Sections 1726 and 1781 of the Labor Code, as the same may be enacted, adopted or amended from time to time, or any other similar law; ( 3) failure by Toyota and Association to provide any required disclosure representation, statement, rebidding and/ or identification which may be required by Labor Code Sections 1726 and 1781, as the same may be enacted, adopted or amended from time to time, or any other provision of law; and/ or ( 4) failure by Toyota and Association to provide and maintain any and all bonds to secure the payment of contractors ( including the payment of wages to workers perForming any public work) which may be required by Labor Code Section 1781, as the same may be enacted, adopted or amended from time to time, or any other provision of law. It is agreed by the parties that, in connection with the refurbishing of the Auto Center Message Board, including, without limitation, any public work( as defined by applicable law), Toyota and Association shall bear all risk of payment or non- payment of state prevailing wages and/ or the implementation of Labor Code Sections 1726 and 1781, as the same may be enacted, adopted or amended from time to time, and/ or any other provision of law. " Increased costs" as used in this Section shall have the meaning ascribed to it in Labor Code Section 1781, as the same may be enacted, adopted or amended from time to time.

11. No Encumbrances. Toyota and Association shall pay any mechanics', materialmen' s, contractors' or subcontractors' liens or any claim for damage arising from the use of the Auto Center Message Board.

12. Notices. Any notice to be given or other document to be delivered by either party to the other may be delivered in person or may be deposited in the United States mail, with first class postage prepaid, and addressed as follows:

City: 15625 East Stafford Street, Suite 100 Industry, California 91744 Attention: City Manager
Toyota: Puente Hills Imports, dba Puente Hills Toyota, 17070 East Gale Avenue, Industry, California 91745
Association: Puente Hills Auto Center Association West, 17070 East Gale Avenue, Industry, California 91745

13. Citv Default. Failure or delay by City to perForm or comply with any term or provision of this Agreement constitutes a default under this Agreement. In the event of any failure or delay by City to make payment when due, Toyota, or Association may immediately seek any available remedy. With respect to any other default, the following shall apply: Toyota, or Association shall give written notice of default to the City in the event of such default by City, specifying the default complained of by Toyota, or Association; If the default is reasonably capable of being cured within thirty (30) days after such notice is received or deemed received, City shall have such period to effect a cure prior to exercise of remedies by Toyota, or Association; If the default is such that it is not reasonably capable of being cured within thirty 30) days, and City ( a) initiates corrective action within said 30- day period, and ( b) diligently, continually, and in good faith works to effect a cure as soon as possible, then City shall have such additional time as is reasonably necessary to cure the default prior to exercise of any