Agenda packet — Clovis City Council, June 13, 2022

June 13, 2022 - 1 - 3:56 PM A G E N D A • C I T Y C O U N C I L M E E T I N G

June 13, 2022 6:00 PM Council Chamber

In compliance with the Americans with Disabilities Act, if you need special assistance to access the City Council Chamber to participate at this meeting, please contact the City Clerk or General Services Director at (559) 324 -2060 (TTY – 711). Notificatio n 48 hours prior to the meeting will enable the City to make reasonable arrangements to ensure accessibility to the Council Chamber.

The Clovis City Council meetings are open to the public at the physical address listed above. There are numerous ways to participate in the City Council meetings: you are able to attend in person; you may submit written comments as described below; you may participate by calling in by phone (see “Verbal Comments” below); and you may view the meeting which is webcast and acces sed at www.cityofclovis.com/agendas.

Written Comments

 Members of the public are encouraged to submit written comments at:
www.cityofclovis.com/agendas at least two (2) hours before the meeting (4:00 p.m.). You will be prompted to provide:

 Council Meeting Date
 Item Number
 Name
 Email
 Comment

 Please submit a separate form for each item you are commenting on.

 A copy of your written comment will be provided to the City Council noting the item number.

If you wish to make a verbal comment, please see instructions below.

 Please be aware that any written comments received that do not specify a particular agenda item will be marked for the general public comment portion of the agenda.

 If a written comment is received after 4:00 p.m. on the day of the meeting, efforts will be made to provide the comment to the City Council during the meeting. However, staff cannot guarantee that written comments received after 4:00 p.m. will be provided to City Council during the meeting. All written comments received prior to the end of the meeting will be made part of the record of proceedings.

Council Chamber, 1033 Fifth Street, Clovis, CA 93612 (559) 324-2060 www.cityofclovis.com
1 June 13, 2022 - 2 - 3:56 PM Verbal Comments

 If you wish to speak to the Council on an item by telephone, you should contact the City Clerk at (559) 324-2060 no later than 4:00 p.m. the day of the meeting.

 You will be asked to provide your name, phone number, and your email. You will be emailed instructions to log into Webex to participate in the meeting. Staff recommends participants log into the Webex at 5:30 p.m. the day of the meeting to perform an audio check.

 All callers will be placed on mute, and at the appropriate time for your comment your microphone will be unmuted.

 In order for everyone to be heard, please limit your comments to 5 minutes or less, or 10 minutes per topic

Webex Participation

 Reasonable efforts will be made to allow written and verbal comment from a participant communicating with the host of the virtual meeting. To do so, a participant will need to chat with the host and request to make a written or verbal comment. The host w ill make reasonable efforts to make written and verbal comments available to the City Council. Due to the new untested format of these meetings, the City cannot guarantee that these written and verbal comments initiated via chat will occur. Participants desiring to make a verbal comment via chat will need to ensure that they accessed the meeting with audio transmission capabilities.

CALL TO ORDER

FLAG SALUTE - Councilmember Ashbeck

ROLL CALL

PUBLIC COMMENTS - This is an opportunity for the members of the public to address the City Council on any matter within the City Council’s jurisdiction that is not listed on the Agenda. In order for everyone to be heard, please limit your comments to 5 minutes or less, or 10 minutes per topic. Anyone wishing to be placed on the Agenda for a specific topic should contact the City Manager’s office and submit correspondence at least 10 days before the desired date of appearance.

ORDINANCES AND RESOLUTIONS - With respect to the approval of resolutions and ordinances, the reading of the title shall be deemed a motion to waive a reading of the complete resolution or ordinance and unless there is a request by a Councilmember that the resolution or ordinance be read in full, furth er reading of the resolution or ordinance shall be deemed waived by unanimous consent of the Council.

CONSENT CALENDAR - Items considered routine in nature are to be placed upon the Consent Calendar. They will all be considered and voted upon in one vote as one item unless a Councilmember requests individual consideration. A Councilmember’s vote in favor of the Consent Calendar is considered and recorded as a separate affirmative vote in favor of each action listed. Motions in favor of adoption of the C onsent Calendar are deemed to include a motion to waive the reading of any ordinance or resolution on the Consent Calendar. For adoption of 2 June 13, 2022 - 3 - 3:56 PM ordinances, only those that have received a unanimous vote upon introduction are considered Consent items.

1. Administration - Approval - Minutes from the June 6, 2022, Council Meeting.

2. Finance – Receive and File – Investment Report for the Month of February 2022.

3. Finance – Receive and File – Treasurer’s Report for the Month of February 2022.

4. Finance – Receive and File – Investment Report for the Month of March 2022.

5. Finance – Receive and File – Treasurer’s Report for the Month of March 2022.

6. Planning and Development Services – Approval – Res. 22-___, Final Map Tract 6339, located at the northwest corner of North Locan Avenue and Teague Avenue (Granville Homes, Inc.).

7. Planning and Develo pment Services – Approval – Res. 22 -___, Annexation of Proposed Tract 6339, located at the northwest corner of North Locan Avenue and Teague Avenue to the Landscape Maintenance District No. 1 of the City of Clovis (Granville Homes, Inc.).

PUBLIC HEARINGS - A public hearing is an open consideration within a regular or special meeting of the City Council, for which special notice has been given and may be required. When a public hearing is continued, noticing of the adjourned item is required as per Government Code 54955.1.

8. Consider Introduction – Ord. 22-___, An ordinance amending section 3.3.403 of the Clovis Municipal Code pertaining to the increase of the Transient Occupancy Tax rate.

Staff: John Holt, City Manager
Recommendation: Approve

9. Consider Review and Approval - Res. 22-___, 2022-2023 City of Clovis Annual Budget, Five Year Capital Improvement Program, and Information regarding the Clovis Successor Agency.

a) Finance Department (Jay Schengel)
b) City Council/City Attorney/City Manager/City Clerk (Andrew Haussler/Karey Cha/Jesse Velez)
c) Police Department (Curt Fleming)
d) Fire Department (John Binaski)
e) Public Utilities Department (Scott Redelfs)
f) Planning and Development Services/Community Investment Program (Renee Mathis)
g) General Services (Shonna Halterman)
h) Community and Economic Development/Successor Agency (Andrew Haussler)

Recommendation: Approve

CITY MANAGER COMMENTS

COUNCIL COMMENTS

3 June 13, 2022 - 4 - 3:56 PM CLOSED SESSION - A “closed door” (not public) City Council meeting, allowed by State law, for consideration of pending legal matters and certain matters related to personnel and real estate transactions.

10. Government Code Section 54957.6

CONFERENCE WITH LABOR NEGOTIATORS
Agency Designated Representatives: John Holt, Andrew Haussler, Jeffrey Blanks, Shonna Halterman, Lori Shively, Scott G. Cross, Mary Lerner, John Binaski, Curt Fleming.

Employee Organization: Clovis Police Officers Association, Clovis Firefighters Association, Clovis Employees Association, Clovis Public Works Employees Association, Clovis Public Safety Employees Association, Clovis Professional and Technical Employees Association, Clovis Trans it Employees Bargaining Unit, Clovis Technical and Financial Professionals Association, and Unrepresented Employee:

Management Employees

ADJOURNMENT

MEETINGS AND KEY ISSUES

Regular City Council Meetings are held at 6:00 P.M. in the Council Chamber. The following are future meeting dates:

June 20, 2022 (Mon.)
July 5, 2022 (Tue.)
July 11, 2022 (Mon.)
July 18, 2022 (Mon.)
Aug. 1, 2022 (Mon.)
Aug. 2 (Mon.) - Sep. 5 (Mon.) Summer Recess

4 PRELIMINARY - SUBJECT TO APPROVAL

Page 1 of 4 ends

CLOVIS CITY COUNCIL MEETING

June 6, 2022 6:00 P.M. Council Chamber

Meeting called to order by Mayor Flores at 6:01
Flag Salute led by Councilmember Whalen

Roll Call: Present: Councilmembers Ashbeck, Bessinger, Mouanoutoua, Whalen Mayor Flores

PRESENTATION – 6:02

6:02 – ITEM 1 - PRESENTATION OF PROCLAMATION DECLARING JUNE AS MEN'S HEALTH MONTH.

The City Council presented a proclamation encouraging spreading awareness for men’s health and proclaimed the month of June at Men’s Health Month.

PUBLIC COMMENTS – 6:06
None.

CONSENT CALENDAR – 6:07

Councilmember Bessinger identified a conflict of interest with Item 7 due to owning property within 1000 feet of the project and will abstain from voting on the item.

Motion by Councilmember Ashbeck, seconded by Councilmember Bessinger, that items t he Consent Calendar, with the exception of Item 7, be approved. Motion carried by unanimous vote.

2. Administration - Approved - Minutes from the May 16, 2022, Council Meeting.

3. Planning and Development Services - Approved – Final Acceptance for CIP 21-23 Bus Bay at Department of Social Services.

4. Planning and Development Services – Approved – Bid Award for CIP 20 -05, Video Vehicle Detection Replacement

5. Planning and Development Services - Approved – Res. 22-46, Final Map Tract 6277, located at the northeast corner of North Locan Avenue and Teague Avenue (Tarlton Fresno, LLC).

6. Planning and Development Services – Approved – Res. 22 -47, Annexation of Proposed Tract 6277, located at the northeast corner of N Locan Avenue and Teague Avenue to the Landscape Maintenance District No. 1. (Tarlton Fresno, LLC).

7. Public Utilities – Approved – Contract Award for CIP 22 -03, Dry Cre ek Playground Resurfacing; and Approved – Authorize the City Manager to Execute the Contract on Behalf of the City.

Motion for approval by Councilmember Ashbeck, seconded by Councilmember Whalen.

Motion carried 4-0-0-1, with Councilmember Bessinger abstaining. 5 AGENDA ITEM NO. 1.

PRELIMINARY - SUBJECT TO APPROVAL

Page 2 of 4 ends

PUBLIC HEARINGS – 6:11

6:11 – ITEM 8 - APPROVED - RES. 22 -48, A RESOLUTION APPRO VING THE BALLOT

DESCRIPTION FOR THE PROPOSED TRANSIENT O CCUPANCY TAX FOR THE NOVEMBER 2022 ELECTION.

A. CALLING AND GIVING NOTICE OF THE NOVEMBER 8, 2022, GENERAL MUNICIPAL

ELECTION TO PRESENT A GENERAL TAX MEASUR E PROPOSING A TWO PERCENT (2%) INCREASE TO THE CITY’S TRANSIENT OCCUPANCY TAX (TOT OR HOTEL TAX);
B. REQUESTING CONSOLIDATION OF THE CLOVIS MUNICIPAL ELECTION WITH THE STATEWIDE GENERAL ELECTION TO BE HELD ON THE SAME DATE; C. REQUESTING THAT THE FRESNO COUNTY BOARD OF SUPERVISORS

AUTHORIZE THE FRESNO COUNTY CLERK TO RENDER SPECIFIED SERVICES TO

THE CITY OF CLOVIS RELATING TO THE CONDUCT OF THE GENERAL MUNICIPAL ELECTION;
D. APPROVING THE PROPOSED BALLOT MEASURE DESCRIPTION;
E. AUTHORIZING THE CITY ATTORNEY TO PREPARE THE IMPARTIAL ANALYSIS.

Greg Newman, shared that the Citizens’ Advisory Committee, Tourism Activities Committee, and the Hoteliers group supports the 2% TOT increase and believe that is worth pursuing to stay the safeset city in the valley.

Motion for approval by Councilmember Whalen, seconded by Councilmember Bessinger.

Motion carried 4-1, with Councilmember Ashbeck voting no.

6:40 – ITEM 9 – APPROVED ACTIONS RELATED TO ANNEXATION OF TERRIT ORY (ANNEXATION #73, T62 08 – NORTHWEST CORNE R DAKOTA/HIGHLAND, T 6203 – NORTHWEST CORNER DAK OTA/THOMPSON, T6161 – SOUTHEAST CORNER ASHLAN/THOMPSON, & T 6340 SOUTHEAST CORNE R ASHLAN/THOMPSON) T O THE CITY OF CLOVIS COMMU NITY FACILITIES DIST RICT NO. 2004 -1 (POLICE AND FIRE SERVICES).

A. APPROVED - RES. 22-49, A RESOLUTION ANNEX ING TERRITORY (ANNEX ATION #73) (T6208 – NORTHWEST CORNER DAKOTA/HI GHLAND, T6203 – NORTHWEST CORNER DAKOTA/THOMPS ON, T6161 – SOUTHEAST CORNER
ASHLAN/THOMPSON, & T 6340 SOUTHEAST CORNE R ASHLAN/THOMPSON) T O THE CITY OF CLOVIS COMMUNITY FACILITIES DISTRICT NO. 2004-1 (POLICE AND

FIRE SERVICES) AND C ALLING A SPECIAL LAN DOWNER ELECTION TO A NNEX TERRITORY (ANNEXATIO N #73) TO CITY OF CL OVIS COMMUNITY FACIL ITIES DISTRICT NO. 2004-1 (POLICE AND FIRE SERVICES).

Motion for approval by Councilmember Ashbeck, seconded by Councilmember Whalen.

Motion carried by unanimous vote.
6 AGENDA ITEM NO. 1.

PRELIMINARY - SUBJECT TO APPROVAL

Page 3 of 4 ends

B. APPROVED - RES. 22-50, A RESOLUTION OF TH E CITY OF CLOVIS DEC LARING

THE RESULTS OF A SPE CIAL LANDOWNER ELECT ION AND DIRECTING

RECORDING OF THE NOT ICE OF SPECIAL TAX L IEN FOR CITY OF CLOV IS COMMUNITY FACILITIES DISTRICT NO. 2004-1 (POLICE AND FIRE SERVICES).

Motion for approval by Councilmember Ashbeck, seconded by Councilmember Whalen.

Motion carried by unanimous vote.

6:45 – ITEM 10 - APPROVED – DECLARE RESULTS OF E LECTION REGARDING AN ASSESSMENT INCREASE IN LANDSCAPE MAINTENANCE DISTRICT NO. 1; AND RES. 22-51, A RESOLUTION CONFI RMING THE DIAGRAM AN D ASSESSMENTS FOR THE 2022-23 ANNUAL LEVY FOR LANDSCAPE MAINTENANCE DISTRICT NO. 1

Motion for approval by Councilmember Whalen, seconded by Councilmember Ashbeck.

Motion carried by unanimous vote.

ADMINISTRATIVE ITEMS – 6:53

6:53 – ITEM 11 – A REQUEST FROM CLOVIS-BIG DRY CREEK HISTORICAL SOCIETY FOR THE CITY COUNCIL TO CREATE A HISTORICAL PERSEVERATION COMMISSION.

Sayre Miller, commented on her commitment to preserving and maintaining the historic buildings in the community and expressed strong interest in the 1914 Carnegie Library building – now the Clovis Chamber of Commerce building. She also encouraged Council to form a committee to study best options for pursuing historical preservation of buildings in Clovis.

Greg Newman, shared that he is in support of an advisory committee but asked Council to be cautious of the taking away property owner rights.

Council directed staff to prepare materials related to establishing the Advisory Board as described in the Clovis Municipal Code 9.120.020 , and to return to Council for action and approval.

COUNCIL ITEMS – 7:37

7:37 – ITEM 12 - APPROVED – TO SUBMIT A LETTER OF OPPOSITION FOR ASSEMBLY BILL 2550- ARAMBULA, STAT E AIR RESOURCES BOAR D: SAN JOAQUIN VALLE Y AIR POLLUTION CONTROL DISTRICT: NONATTAINMENT.

Motion for approval by Councilmember Bessinger, seconded by Councilmember Ashbeck.

Motion carried by unanimous vote.

7 AGENDA ITEM NO. 1.

PRELIMINARY - SUBJECT TO APPROVAL

Page 4 of 4 ends

7:48 – ITEM 13 - APPROVED – TO SUBMIT A LETTE R OF OPPOSITION FOR ASSEMBLY BILL 2011- WICKS, AFFORDABLE HOUSING AND HIGH ROAD JOBS ACT OF 2022.

Motion for approval by Councilmember Ashbeck, seconded by Councilmember Bessinger.

Motion carried by unanimous vote.

CITY MANAGER COMMENTS – 7:54

COUNCIL COMMENTS – 7:55

CLOSED SESSION – 8:04

ITEM 14 - GOVERNMENT CODE SECT ION 54957.6 CONFEREN CE WITH LABOR NEGOTIATORS AGENCY DESIGNATED RE PRESENTATIVES: JOHN HOLT, ANDREW HAUSSLER, JEFFREY BLANKS, SHONNA HALTERMAN, LORI SHIVELY, SCOTT G. CROSS, MARY LERNER, JOHN BI NASKI, CURT FLEMING. EMPLOYEE ORGANIZATI ON: CLOVIS

POLICE OFFICERS ASSO CIATION, CLOVI S FIREFIGHTERS ASSOC IATION, CLOVIS

EMPLOYEES ASSOCIATION, CLOVIS PUBLIC WORKS EMPLOYEES ASSOCIATION, CLOVIS

PUBLIC SAFETY EMPLOY EES ASSOCIATION, CLO VIS PROFESSIONAL AND TECHNICAL

EMPLOYEES ASSOCIATION, CLOVIS TRANSIT EM PLOYEES BARGAINING U NIT, CLOVIS

TECHNICAL AND FINANCIAL P ROFESSIONALS ASSOCIA TION, AND UNREPRESEN TED EMPLOYEE: MANAGEMENT EMPLOYEES

ITEM 15 - GOVERNMENT CODE SECTION 54957 PUBLIC EMPLOYEE PERF ORMANCE EVALUATION TITLE: CITY MANAGER

Mayor Flores adjourned the meeting of the Council to June 13, 2022

Meeting adjourned: 9:50 p.m.

______________________________ ________________________________ Mayor City Clerk
8 AGENDA ITEM NO. 1.

TO: Mayor and City Council
FROM: Finance Department
DATE: June 13, 2022
SUBJECT: Finance – Receive and File – Investment Report for the Month of February 2022.

ATTACHMENTS: 1. Distribution of Investments

2. Monthly Investment Transactions

3. Certificates of Deposit

4. Municipal Securities

5. Graph of February 28, 2022 Treasury Rates

Attached is the Investment Report for the month of February 2022. Shown in Attachment 1 is the distribution of investments which lists all the individual securities owned by the City with the book and market values. Book value is the actual price paid for the investment. Market value is the amount that the investment is worth if sold in the open market. The market value (which fluctuates daily) that is used in the report is as of the last working day of the month.

Attachment 2 reflects the monthly investment transactions for the month of February 2022.

Attachment 3 lists the certificates of deposit. Attachment 4 lists the municipal securities.

Attachment 5 is a graph of Treasury rates on February 28, 2022.

The investment of the City’s funds is performed in accordance with the adopted Investment Policy. Funds are invested with the following objectives in mind:

1. Assets are invested in adherence with the safeguards and diversity of a prudent investor.

2. The portfolio is invested in a manner consistent with the primary emphasis on preservation of the principal, while attaining a high rate of return c onsistent with this guideline. Trading of securities for the sole purpose of realizing trading profits is prohibited.

3. Sufficient liquidity is maintained to provide a source for anticipated financial obligations as they become due.

9 AGENDA ITEM NO. 2.

4. Investments may be made, consistent with the Investment Policy Guidelines, in fixed income securities maturing in three years or less and can be extended to five years with the City Manager’s approval.

The Finance Department invests the City’s assets with an expectation of achieving a total rate of return at a level that exceeds the annualized rate of return on short -term government guaranteed or insured obligations (90 -day Treasury bills) and to assure that the principal is preserved with minimal risk of depreciation or loss. In periods of rising interest rates, the City of Clovis portfolio return may be less than that of the annualized 90 -day Treasury bill. In periods of decreasing interest rates, the City of Clovis portfolio return may be greater than the annualized 90-day Treasury bill. The current 90-day Treasury bill rate (annualized) is 0.06%.

The rate of return for the City of Clovis portfolio is 0.9 3%. The goal for the City of Clovis investment return is 120% of the 90-day Treasury bill rate. The current rate of return is 1,548% of the Treasury bill rate.

In accordance with the Investment Policy, the investment period on each investment does not exceed three years and can be extended to five years with the City Manager’s approval. As of February 2022, the average investment life of the City’s investment portfolio is 1.00 years.

Current Investment Environment and Philosophy
During the month of February 2022, the federal funds rate remained at 0.00% -0.25%. On February 28, 2022, the Treasury yield curve increased from 3-month to 10-year notes.

Certificates of Deposit (CD’s)
The City purchases both negotiable and non -negotiable Certificates of Deposit (CD’s).

Although negotiable CD’s can be traded, it is the City’s policy to buy and hold all CD’s.

Negotiable CD’s are held by U.S. Bank, a third party custodian. Non-negotiable CD’s are held in the City’s safe.

Purchases and Maturities
 1 government security totaling $4,000,000 was purchased.  0 government securities were called or matured.
 0 certificates of deposit were purchased.
 2 certificates of deposit totaling $490,000 matured.
 0 municipal securities were purchased.

Market Environment
 During February the federal funds rate remained at 0.00%-0.25%.  On February 28 , the yield curve increased from 3 -month to 10 -year notes . See Attachment 5, Graph of Treasury Rates on February 28, 2022.

Prepared by: Jeffrey Blanks, Deputy Finance Director

Reviewed by: City Manager __AH___

10 AGENDA ITEM NO. 2.

STATED

DAYS TO

MATURITY

NET BOOK MARKET YIELD TO INTEREST INVEST MATURIT Y FROM COST VALUE VALUE * MATURIT Y RATE DATE DATE 2/28/2022

GOV'T SECURITIES
FHLB 12,110,520 12,029,049 12,008,400 2.500% 2.500% 04/25/19 03/11/22 11 FFCB 5,979,668 5,965,262 5,969,596 2.280% 2.280% 03/28/19 03/28/22 28 FFCB 6,017,400 6,005,963 6,024,960 1.875% 1.875% 06/27/19 06/14/22 106 FAMCMTN 6,024,900 6,008,870 6,026,460 1.950% 1.950% 07/25/19 06/21/22 113 FFCB 3,005,250 3,002,313 3,013,710 1.625% 1.625% 11/27/19 08/22/22 175 FHLB 6,065,100 6,028,575 6,038,460 2.000% 2.000% 10/31/19 09/09/22 193 FFCB 2,984,460 2,992,738 3,012,690 1.375% 1.375% 11/27/19 10/11/22 225 FFCB 5,008,500 5,004,208 5,015,650 1.600% 1.600% 01/23/20 10/13/22 227 FHLB 8,045,600 8,023,062 6,549,595 1.875% 1.875% 12/19/19 12/09/22 284 FHLB 5,047,500 5,024,825 6,549,595 1.875% 1.875% 01/23/20 12/09/22 284 FAMCMTN 8,544,965 8,525,815 8,527,030 1.350% 1.350% 02/27/20 02/27/23 364 FHLB 5,255,000 5,156,382 5,068,480 2.125% 2.125% 03/26/20 03/10/23 375 FHLB 13,579,800 13,344,038 13,116,560 2.125% 2.125% 04/30/20 03/10/23 375 FFCB 5,000,000 5,000,000 4,868,450 0.250% 0.250% 03/01/21 03/01/24 732 FFCB 1,999,000 1,999,069 1,951,740 0.300% 0.300% 03/24/21 03/18/24 749 FHLB 5,000,000 5,000,000 4,885,100 0.350% 0.350% 06/07/21 06/07/24 830 FHLB 4,969,000 4,969,000 4,912,900 1.050% 1.050% 01/20/22 11/15/24 991 FHLB 3,980,000 3,980,000 3,999,920 1.750% 1.750% 02/28/22 02/28/25 1,096 FAMCMTN 3,947,600 3,948,513 3,876,680 0.750% 0.750% 12/16/21 07/28/25 1,246 FAMCMTN 4,948,500 4,949,331 4,806,400 0.600% 0.600% 10/14/21 09/08/25 1,288 FHLB 4,963,000 4,964,052 4,767,900 0.580% 0.580% 09/08/21 02/11/26 1,444 FHLB 3,922,000 3,923,172 3,828,400 0.750% 0.750% 12/16/21 02/24/26 1,457 FFCB 4,967,500 4,967,913 4,794,800 0.940% 0.940% 10/14/21 09/28/26 1,673 FHLB 5,988,000 5,988,151 5,854,080 1.250% 1.250% 11/24/21 11/24/26 1,730 FHLB 5,127,757 5,127,757 5,084,500 2.125% 2.125% 01/20/22 12/11/26 1,747 SECURITIES TOTAL 142,481,020$ 141,928,058 $ $140,552,056 LAIF 74,453,060$ 74,453,060 $
Municipal Issuance 9,465,000$ 9,278,989 $
Sweep Account (Union Bank) 43,416,255$ 43,416,255 $ TOTAL CD'S 9,995,000$ 9,946,255 $
TOTAL INVESTMENTS 279,257,373$ 277,646,615 $
* Market values for securities obtained from US Bank.

City of Clovis
Distribution of Investments
As of February 28, 2022
ATTACHMENT 1
11 AGENDA ITEM NO. 2.

Activity Maturity
Institution Description Activit y Amount Market Value Rate Date Date FHLB Gov Sec. Purchase 4,000,000 3,980,000 1.750% 02/28/22 02/28/25 GOLDMAN SACHS BK CD Maturity 245,000 245,000 2.800% 02/22/22 02/22/22 TIAA FSB CD Maturity 245,000 245,000 2.850% 02/22/22 02/22/22

PORTFOLIO DATA
Current Month (02/22)
Book Market
CD'S 9,995,000 $ 9,946,255 $
Gov't Securities* 141,928,058 140,552,056
Municipal Securities 9,465,000 9,278,989
LAIF 74,453,060 74,453,060
Sweep Account (Union Bank) 43,416,255 43,416,255
TOTAL 279,257,373 $ 277,646,615 $
Prior Month (01/22)
Three Months Previous (11/21)
Book Market Book Market
CD'S 10,485,000 $ 10,501,351 $ CD'S 10,235,000 $ 10,305,263 $ Gov't Securities* 137,948,058 137,093,595 Gov't Securities* 131,539,804 131,745,725 Municipal Securities 9,465,000 9,313,433 Municipal Securities 9,025,000 8,890,629 LAIF 74,453,060 74,453,060 LAIF 74,410,223 74,410,223
Sweep Account (Union Bank) 42,660,508 42,660,508 Sweep Account (Union Bank) 26,143,386 26,143,386 TOTAL 275,011,626 $ 274,021,947 $ TOTAL 251,353,413 $ 251,495,226 $ Six Months Previous (08/21)
One Year Previous (02/21)
Book Market Book Market
CD'S 9,985,000 $ 10,105,425 $ CD'S 9,990,000 $ 10,215,200 $ Gov't Securities* 113,200,490 114,200,064 Gov't Securities* 111,601,755 113,219,589 Municipal Securities 5,900,000 5,904,479 Municipal Securities 4,900,000 4,902,632 LAIF 74,364,940 74,364,940 LAIF 74,223,185 74,223,185
Sweep Account (Union Bank) 51,435,559 51,435,559 Sweep Account (Union Bank) 42,086,591 42,086,591 TOTAL 254,885,989 $ 256,010,467 $ TOTAL 242,801,531 $ 244,647,197 $ *Adjusted Quarterly for Premium/Discount Amortization
As of February 28, 2022
Monthly Investment Transactions
City of Clovis
ATTACHMENT 2
12 AGENDA ITEM NO. 2.

MARKET INTEREST INVEST MATURITY MATURITY FROM INTEREST
Negotiable CDs COST PRICE RATE DATE DATE 02/28/22 FREQUENCY Comenity Capital Bank 250,000 250,947.50 2.550% 04/30/19 04/29/22 60 QUARTERLY Synchrony Bank 250,000 251,210.00 2.450% 05/17/19 05/17/22 78 QUARTERLY First State Bank of Dequeen 250,000 251, 062.50 2.000% 07/26/19 05/26/22 87 QUARTERLY Flagstar Bank 250,000 251,630.00 2.500% 06/12/19 06/13/22 105 QUARTERLY Capital One Bank 250,000 251,607.50 2.350% 06/19/19 06/20/22 112 QUARTERLY Morgan Stanley Bk 250,000 251,765.00 2.100% 07/25/19 07/25/22 147 QUARTERLY Capital One Ntnl Assn 250,000 251,950.00 2.150% 08/07/19 08/08/22 161 QUARTERLY Everbanke USA Salt Lake City 250,000 251,837.50 2.050% 08/07/19 08/08/22 161 QUARTERLY Raymond James Bank 250,000 251,780.00 1.900% 08/23/19 08/23/22 176 QUARTERLY Ally Bank 250,000 251,877.50 1.850% 09/19/19 09/19/22 203 QUARTERLY Usalliance Federal Credit Union 250,000 252,082.50 2.850% 09/30/19 09/30/22 214 QUARTERLY Morgan Stanley Bank 250,000 252,075.00 2.100% 10/17/19 10/17/22 231 MONTHLY Lafayette Fed Cr Un 250,000 252,005.00 1.700% 11/22/19 11/22/22 267 MONTHLY Live Oak Banking Co. 250,000 252,132.50 1.750% 12/11/19 12/12/22 287 QUARTERLY Wells Fargo Natl Bk West 250,000 252,230.00 1.800% 12/13/19 12/13/22 288 QUARTERLY Valley Cent Svgs Bk 250,000 252,015.00 1.700% 01/15/20 01/17/23 323 QUARTERLY Sallie Mae Bank 250,000 252,465.00 1.900% 01/23/20 01/23/23 329 QUARTERLY Servisfirst Bank 250,000 251,695.00 1.600% 02/21/20 02/21/23 358 MONTHLY Celtic Bank 250,000 251,552.50 1.550% 03/13/20 03/13/23 378 MONTHLY Axos Bank 250,000 251,547.50 1.550% 03/26/20 03/27/23 392 MONTHLY Nicolet Natl Bank 250,000 250,210.00 0.900% 03/27/20 03/27/23 392 MONTHLY Centerstate Bank 250,000 249,792.50 0.900% 03/30/20 03/30/23 395 MONTHLY Bank Leumi 250,000 251,270.00 1.450% 03/31/20 03/31/23 396 MONTHLY Discover Bank 250,000 251,267.50 1.350% 04/02/20 04/03/23 399 MONTHLY Berkshire Bank 250,000 250,855.00 1.300% 04/08/20 04/06/23 402 MONTHLY American Express 250,000 250,242.50 1.100% 04/21/20 04/21/23 417 MONTHLY New York Cmnty Bank 250,000 245,322.50 0.350% 12/11/20 12/11/23 651 QUARTERLY Transportation Alliance Bk 250,000 243,455.00 0.250% 03/12/21 03/12/24 743 QUARTERLY Preferred Bank 250,000 243,297.50 0.250% 03/25/21 03/25/24 756 QUARTERLY Bankunited Natl Assn 245,000 239,345.40 0.450% 03/31/21 04/01/24 763 QUARTERLY Greenstate Credit Union 250,000 243,380.00 0.450% 06/16/21 06/17/24 840 QUARTERLY Eaglemark Savings Bank 250,000 242,955.00 0.400% 06/30/21 06/28/24 851 QUARTERLY Texas Exchange Bk 250,000 243,412.50 0.500% 07/09/21 07/09/24 862 QUARTERLY BMW Bk North Amer 250,000 243,470.00 0.550% 07/30/21 07/30/24 883 QUARTERLY Toyota Finl Svgs 250,000 243,645.00 0.650% 09/09/21 09/09/24 924 QUARTERLY State Bk India 250,000 243,557.50 0. 650% 09/17/21 09/17/24 932 QUARTERLY Ubs Bank Usa 250,000 243,500.00 0.750% 11/17/21 11/18/24 994 QUARTERLY Webbank Salt Lake City 250,000 243,392.50 0.750% 11/29/21 11/29/24 1,005 QUARTERLY Medallion Bank Salt Lake City 250,000 244,172.50 0.900% 12/20/21 12/20/24 1,026 QUARTERLY Beal Bank 250,000 244,245.00 0.950% 01/19/22 01/15/25 1,052 QUARTERLY Negotiable CD TOTAL 9,995,000$ 9,946,255 $
CD TOTAL 9,995,000$ 9,946,255 $
City of Clovis
Certificates of Deposit
As of February 28, 2022
ATTACHMENT 3
13 AGENDA ITEM NO. 2.

MARKET INTEREST INVEST MATURITY MATURITY FROM INTEREST
Municipal Securities COST PRICE RATE DATE DATE 02/28/22 FREQUENCY Huntington Beach Calif Pension Bond 1,000, 000 987,350.00 0.381% 04/01/21 06/15/23 472 QUARTERLY Fresno Unified Taxable Go Ref Bond 500,000 493,270.00 0.462% 09/30/20 08/01/23 519 QUARTERLY Pomona Cali Uni Sch Dist Go Bond 815,000 804,845.10 0.534% 10/20/20 08/01/23 519 QUARTERLY San Jose CA USD Ref Bond 775,000 763,034.00 0.221% 01/20/21 08/01/23 519 QUARTERLY Vista CA USD Ref Bond 750,000 739,327.50 0.221% 01/20/21 08/01/23 519 QUARTERLY William Hart Cali HS Go Bond 1,000,000 985,060.00 0.366% 12/23/20 08/01/23 519 QUARTERLY Jefferson Cali Elem Sch Dist Go Bond 710,000 699,435.20 0.399% 10/27/20 09/01/23 550 QUARTERLY Santa Rosa Calif Watr Ref Bond 350,000 345,663.50 0.578% 12/01/20 09/01/23 550 QUARTERLY Santa Ana CCD Ref Bond 440,000 427,578.80 0.644% 12/17/ 21 08/01/24 885 QUARTERLY Los Angeles CA USD Ref Bond 1,000,000 982, 630.00 1.455% 11/15/21 07/01/26 1,584 QUARTERLY San Ramon Valley CA USD Ref Bond 2,125,000 2,050,795.00 1.147% 11/03/21 08/01/26 1,615 QUARTERLY Mun. Securities TOTAL 9,465,000$ 9,278,989 $
Municipal Securities TOTAL 9,465,000$ 9,278,989 $
City of Clovis
Municipal Securities
As of February 28, 2022
ATTACHMENT 4
14 AGENDA ITEM NO. 2.

Treasury Rates as of February 28, 2022
3 month Treasury bill 0.35
6 month Treasury bill 0.69
2 Yr Treasury note 1.44
3 Yr Treasury note 1.62
5 Yr Treasury note 1.71
10 Yr Treasury note 1.83

CITY OF CLOVIS

FINANCE DEPARTMENT
FEBRUARY 28, 2022 TREASURY RATES
As indicated in the above graph, treasuries increase from 3-month to 10-year notes. 0 0.5
1 1.5
2 2.5
3 3.5
4 3 month
Treasury bill
6 month
Treasury bill
2 Yr Treasury
note
3 Yr Treasury
note
5 Yr Treasury
note
10 Yr
Treasury note

INTEREST RATES

TREASURIES
TREASURY RATES ON FEBRUARY 28, 2022
ATTACHMENT 5
15 AGENDA ITEM NO. 2.

TO: Mayor and City Council
FROM: Finance Department
DATE: June 13, 2022
SUBJECT: Finance – Receive and File – Treasurer’s Report for the Month of February 2022.

ATTACHMENTS: 1. Summary of Cash Balances

2. Summary of Investment Activity

3. Investments with Original Maturities Exceeding One Year

Attached for the Council’s information is the Treasurer’s Report for the month ended February 28, 2022.

Pursuant to Section 41004 of the Government Code of the State of California, the City Treasurer is required to submit a monthly report of all receipts, disbursements, and fund balances.

Attachment 1 provides a summary of the beginning balance, total receipts, total disbursements, ending balance for all funds, and a listing, by fund, of all month end fund balances. Attachment 2 summarizes the investment activity for the month and distribution, by type of investment, held by the City. Attachment 3 lists all investments with original maturities exceeding one year as of the month ended February 28, 2022.

Prepared by: Jeffrey Blanks, Deputy Finance Director

Reviewed by: City Manager __AH__

16 AGENDA ITEM NO. 3.

Previous Balance 5,822,059.91$
Deposits 28,930,099.64
Disbursements (29,802,095.36)
Current Balance 4,950,064.19$

FUNDS BALANCE
100 General Fund 7,165,679.72 $
201 Local Transportation 19,978,013.78
202 Parking and Business Improvements 140,807.45
203 Off Highway Use 70,864.99
204 Community Facilities District 2020-1 78,572.31 205 Senior Citizen Memorial Trust 54,847.56
207 Landscape Assessment District 6,302,580.21
208 Blackhorse III (95-1) Assessment District 105,726.32 301 Park & Recreation Acquisition 9,933,088.01
305 Refuse Equipment Reserve 1,891,186.69
310 Special Street Deposit Fund 35,018,191.42
313 Successor Agency 251,018.96
314 Housing Successor Agency 1,411,999.30
402 1976 Fire Bond Redemption 25,475.23
404 1976 Sewer Bond Redemption Fund 408,991.04
501 Community Sanitation Fund 15,167,648.96
502 Sewer Service Fund 34,748,643.94
504 Sewer Capital Projects-Users 1,273,353.66
506 Sewer Capital Projects-Developer 4,416,492.58
507 Water Service Fund 50,220,093.56
508 Water Capital Projects-Users 6,946,153.42
509 Water Capital Projects-Developer 8,614,184.00
515 Transit Fund 4,820,787.76
540 Planning & Development Services 16,563,492.05
601 Property & Liability Insurance 1,569,165.32
602 Fleet Maintenance 20,448,326.17
603 Employee Benefit Fund 9,318,684.38
604 General Government Services 25,736,790.00
701 Curb & Gutter Fund 161,656.60
703 Payroll Tax & Withholding Fund 1,232,406.15
712 Temperance/Barstow Assmt Dist (98-1) 76,292.96 713 Shepherd/Temperance Assmt Dist (2000-1) 5,771.86 715 Supp Law Enforcement Serv 243,232.60
716 Asset Forfeiture 185,722.98
720 Measure A-Public Safety Facility Tax 1,482.78
736 SA Admin Trust Fund 1,421.40
741 SA Debt Service Trust Fund (382,547.36)
747 Housing Successor Trust Fund 1,137.98
SUBTOTALS 284,207,436.74$
999 Invested Funds (279,257,372.55)
TOTAL 4,950,064.19$
Statement of Cash Balances
As of February 28, 2022
City of Clovis
ATTACHMENT 1
17 AGENDA ITEM NO. 3.

Balance of Investments Previous Month End $275,011,625.29 Time Certificates of Deposit Transactions
Investments 0.00
Withdrawals (490,000.00)
Total CD Changes (490,000.00)
Other Changes
Government Securities 3,980,000.00
Local Agency Investment Fund 0.00
Municipal Securities 0.00
Sweep Account 755,747.26
Total Other Changes 4,735,747.26
Balance of Investments Current Month End 279,257,372.55$ Insured CD's 9,995,000.00
Government Securities 141,928,056.85
US Treasury Notes 0.00
Local Agency Investment Fund 74,453,060.28
Municipal Securities 9,465,000.00
Sweep Account 43,416,255.42
Investment Total 279,257,372.55$
Distribution of Investments
As of February 28, 2022
City of Clovis
Summary of Investment Activity
For the month of February 28, 2022
City of Clovis
ATTACHMENT 2
18 AGENDA ITEM NO. 3.

Investment
Balance At Stated
Institution Face Value Amortized Cost Maturity Rate
FHLB 12,000,000.00 12,029,049.00 3/11/2022 2.500%
FFCB 5,960,000.00 5,965,262.00 3/28/2022 2.280%
FFCB 6,000,000.00 6,005,963.00 6/14/2022 1.875%
FAMCMTN 6,000,000.00 6,008,870.00 6/21/2022 1.950%
FFCB 3,000,000.00 3,002,313.00 8/22/2022 1.625%
FHLB 6,000,000.00 6,028,575.00 9/9/2022 2.000%
FFCB 3,000,000.00 2,992,738.00 10/11/2022 1.375%
FFCB 5,000,000.00 5,004,208.00 10/13/2022 1.600%
FHLB 5,000,000.00 5,024,825.00 12/9/2022 1.875%
FHLB 8,000,000.00 8,023,062.00 12/9/2022 1.875%
FAMCMTN 8,500,000.00 8,525,815.00 2/27/2023 1.350%
FHLB 13,000,000.00 13,344,038.00 3/10/2023 2.125%
FHLB 5,000,000.00 5,156,382.00 3/10/2023 2.125%
FFCB 5,000,000.00 5,000,000.00 3/1/2024 0.250%
FFCB 2,000,000.00 1,999,069.00 3/18/2024 0.300%
FHLB 5,000,000.00 5,000,000.00 6/7/2024 0.350%
FHLB 5,000,000.00 4,969,000.00 11/15/2024 1.050%
FHLB 4,000,000.00 3,980,000.00 2/28/2025 1.750%
FAMCMTN 4,000,000.00 3,948,513.00 7/28/2025 0.750%
FAMCMTN 5,000,000.00 4,964,052.00 9/8/2025 0.600%
FHLB 5,000,000.00 4,949,331.00 2/11/2026 0.580%
FHLB 4,000,000.00 3,923,172.00 2/24/2026 0.750%
FFCB 5,000,000.00 4,967,913.00 9/28/2026 0.940%
FHLB 6,000,000.00 5,988,151.00 11/24/2026 1.250%
FHLB 5,000,000.00 5,127,756.00 12/11/2026 2.125%
Original Maturities Exceeding One Year
As of February 28, 2022
City of Clovis
ATTACHMENT 3
19 AGENDA ITEM NO. 3.

TO: Mayor and City Council
FROM: Finance Department
DATE: June 13, 2022
SUBJECT: Finance – Receive and File – Investment Report for the Month of March 2022.

ATTACHMENTS: 1. Distribution of Investments

2. Monthly Investment Transactions

3. Certificates of Deposit

4. Municipal Securities

5. Graph of March 31, 2022 Treasury Rates

Attached is the Investment Report for the month of March 2022. Shown in Attachment 1 is the distribution of investments which lists all the individual securities owned by the City with the book and market values. Book value is the actual price paid for the investment. Market value is the amount that the investment is worth if sold in the open market. The market value (which fluctuates daily) that is used in the report is as of the last working day of the month.

Attachment 2 reflects the monthly investment transactions for the month of March 2022.

Attachment 3 lis ts the certificates of deposit. Attachment 4 lists the municipal securities.

Attachment 5 is a graph of Treasury rates on March 31, 2022.

The investment of the City’s funds is performed in accordance with the adopted Investment Policy. Funds are invested with the following objectives in mind:

1. Assets are invested in adherence with the safeguards and diversity of a prudent investor.

3. Sufficient liquidity is maintained to provide a source for anticipated financial obligations as they become due.

20 AGENDA ITEM NO. 4.

The rate of return for the City of Clovis portfolio is 0.9 1%. The goal for the City of Clovis investment return is 120% of the 90-day Treasury bill rate. The current rate of return is 1,011% of the Treasury bill rate.

In accordance with the Investment Policy, the investment period on each investment does not exceed three years and can be extended to five years with the City Manager’s approval. As of March 2022, the average investment life of the City’s investment portfolio is 1.11 years.

Current Investment Environment and Philosophy
During the month of March 2022, the federal funds rate was raised to 0.25%-0.50%. On March 31, 2022, the Treasury yield curve increased from 3 -month to 3-year notes, then decreased slightly to 10-year notes.

Certificates of Deposit (CD’s)
The City purchases both negotiable and non -negotiable Certificates of Deposit (CD’s).

Although negotiable CD’s can be traded, it is the City’s policy to buy and hold all CD’s.

Negotiable CD’s are held by U.S. Bank, a third party custodian. Non-negotiable CD’s are held in the City’s safe.

Purchases and Maturities
 2 government securities totaling $8,000,000 were purchased.  2 government securities totaling $17,960,000 matured.  4 certificates of deposit totaling $1,000,000 were purchased.  0 certificates of deposit were called or matured.
 0 municipal securities were purchased.

Market Environment
 During March the federal funds rate was raised to 0.25%-0.50%.  On March 31, the yield curve increased from 3 -month to 3-year notes, then decreased slightly to 10-year notes. See Attachment 5, Graph of Treasury Rates on March 31, 2022.

Prepared by: Jeffrey Blanks, Deputy Finance Director

Reviewed by: City Manager __AH___

21 AGENDA ITEM NO. 4.

STATED

DAYS TO

MATURITY

NET BOOK MARKET YIELD TO INTEREST INVEST MATURIT Y FROM COST VALUE VALUE * MATURIT Y RATE DATE DATE 3/31/2022

GOV'T SECURITIES
FFCB 6,017,400 6,005,232 6,012,060 1.875% 1.875% 06/27/19 06/14/22 75 FAMCMTN 6,024,900 6,007,803 6,014,160 1.950% 1.950% 07/25/19 06/21/22 82 FFCB 3,005,250 3,002,074 3,007,290 1.625% 1.625% 11/27/19 08/22/22 144 FHLB 6,065,100 6,025,738 6,026,280 2.000% 2.000% 10/31/19 09/09/22 162 FFCB 2,984,460 2,993,412 3,002,940 1.375% 1.375% 11/27/19 10/11/22 194 FFCB 5,008,500 5,003,819 5,004,300 1.600% 1.600% 01/23/20 10/13/22 196 FHLB 8,045,600 8,021,152 6,521,450 1.875% 1.875% 12/19/19 12/09/22 253 FHLB 5,047,500 5,022,769 6,521,450 1.875% 1.875% 01/23/20 12/09/22 253 FAMCMTN 8,544,965 8,523,948 8,476,710 1.350% 1.350% 02/27/20 02/27/23 333 FHLB 5,255,000 5,145,268 5,035,848 2.125% 2.125% 03/26/20 03/10/23 344 FHLB 13,579,800 13,319,589 13,036,332 2.125% 2.125% 04/30/20 03/10/23 344 FFCB 5,000,000 5,000,000 4,800,700 0.250% 0.250% 03/01/21 03/01/24 701 FFCB 1,999,000 1,999,111 1,928,020 0.300% 0.300% 03/24/21 03/18/24 718 FHLB 5,000,000 5,000,000 4,804,550 0.350% 0.350% 06/07/21 06/07/24 799 FHLB 4,969,000 4,970,369 4,810,050 1.050% 1.050% 01/20/22 11/15/24 960 FHLB 3,980,000 3,980,830 3,897,360 1.750% 1.750% 02/28/22 02/28/25 1,065 FAMCMTN 3,947,600 3,950,319 3,782,000 0.750% 0.750% 12/16/21 07/28/25 1,215 FAMCMTN 4,948,500 4,950,975 4,686,300 0.600% 0.600% 10/14/21 09/08/25 1,257 FHLB 4,963,000 4,965,093 4,639,350 0.580% 0.580% 09/08/21 02/11/26 1,413 FHLB 3,922,000 3,925,490 3,704,960 0.750% 0.750% 12/16/21 02/24/26 1,426 FFCB 4,967,500 4,968,730 4,653,250 0.940% 0.940% 10/14/21 09/28/26 1,642 FHLB 5,988,000 5,988,450 5,686,500 1.250% 1.250% 11/24/21 11/24/26 1,699 FHLB 5,127,757 5,124,502 4,905,500 2.125% 2.125% 01/20/22 12/11/26 1,716 FHLB 3,695,200 3,702,935 3,680,840 0.900% 0.900% 03/31/22 02/26/27 1,793 FHLB 4,000,000 4,000,000 3,909,560 2.375% 2.375% 03/08/22 03/08/27 1,803 SECURITIES TOTAL 132,086,032$ 131,597,608 $ $128,547,760 LAIF 74,453,060$ 74,453,060 $
Municipal Issuance 9,465,000$ 9,118,120 $
Sweep Account (Union Bank) 53,645,114$ 53,645,114 $ TOTAL CD'S 10,995,000$ 10,863,747 $
TOTAL INVESTMENTS 280,155,782$ 276,627,801 $
* Market values for securities obtained from US Bank.

City of Clovis
Distribution of Investments
As of March 31, 2022
ATTACHMENT 1
22 AGENDA ITEM NO. 4.

Activity Maturity
Institution Description Activit y Amount Market Value Rate Date Date FHLB Gov Sec. Purchase 4,000,000 3,695,200 0.900% 03/31/22 02/26/27 FHLB Gov Sec. Purchase 4,000,000 4,000,000 2.375% 03/08/22 03/08/27 FFCB Gov Sec. Maturity 5,960,000 5,979,668 2.280% 03/28/22 03/28/22 FHLB Gov Sec. Maturity 12,000,000 12,110,520 2.500% 03/11/22 03/11/22 BARCLAYS BK CD Purchase 250,000 250,000 1.000% 03/09/22 03/10/25 GOLDMAN SACHS BK CD Purchase 250,000 250,000 1.650% 03/09/22 03/10/25 PENTAGON FED CR UN CD Purchase 250,000 250,000 2.000% 03/28/22 03/28/25 SAFRA NATIONAL BK CD Purchase 250,000 250,000 2.000% 03/23/22 03/24/25

PORTFOLIO DATA
Current Month (03/22)
Book Market
CD'S 10,995,000 $ 10,863,747 $
Gov't Securities* 131,597,608 128,547,760
Municipal Securities 9,465,000 9,118,120
LAIF 74,453,060 74,453,060
Sweep Account (Union Bank) 53,645,114 53,645,114
TOTAL 280,155,782 $ 276,627,801 $
Prior Month (02/22)
Three Months Previous (12/21)
Book Market Book Market
CD'S 9,995,000 $ 9,946,255 $ CD'S 10,485,000 $ 10,540,664 $ Gov't Securities* 141,928,058 140,552,056 Gov't Securities* 136,883,894 136,851,221 Municipal Securities 9,465,000 9,278,989 Municipal Securities 9,465,000 9,393,207 LAIF 74,453,060 74,453,060 LAIF 74,410,223 74,410,223
Sweep Account (Union Bank) 43,416,255 43,416,255 Sweep Account (Union Bank) 22,971,018 22,971,018 TOTAL 279,257,373 $ 277,646,615 $ TOTAL 254,215,135 $ 254,166,333 $ Six Months Previous (09/21)
One Year Previous (03/21)
Book Market Book Market
CD'S 10,485,000 $ 10,597,638 $ CD'S 10,740,000 $ 10,944,973 $ Gov't Securities* 115,635,804 116,424,468 Gov't Securities* 118,233,898 120,009,580 Municipal Securities 5,900,000 5,897,353 Municipal Securities 4,900,000 4,898,515 LAIF 74,364,940 74,364,940 LAIF 74,223,185 74,223,185
Sweep Account (Union Bank) 45,529,596 45,529,596 Sweep Account (Union Bank) 34,616,537 34,616,537 TOTAL 251,915,340 $ 252,813,995 $ TOTAL 242,713,620 $ 244,692,790 $ *Adjusted Quarterly for Premium/Discount Amortization
As of March 31, 2022
Monthly Investment Transactions
City of Clovis
ATTACHMENT 2
23 AGENDA ITEM NO. 4.

MARKET INTEREST INVEST MATURITY MATURITY FROM INTEREST
Negotiable CDs COST PRICE RATE DATE DATE 03/31/22 FREQUENCY Comenity Capital Bank 250,000 250,422.50 2.550% 04/30/19 04/29/22 29 QUARTERLY Synchrony Bank 250,000 250,650.00 2.450% 05/17/19 05/17/22 47 QUARTERLY First State Bank of Dequeen 250,000 250, 602.50 2.000% 07/26/19 05/26/22 56 QUARTERLY Flagstar Bank 250,000 251,050.00 2.500% 06/12/19 06/13/22 74 QUARTERLY Capital One Bank 250,000 251,067.50 2.350% 06/19/19 06/20/22 81 QUARTERLY Morgan Stanley Bk 250,000 251,230.00 2.100% 07/25/19 07/25/22 116 QUARTERLY Capital One Ntnl Assn 250,000 251,365.00 2.150% 08/07/19 08/08/22 130 QUARTERLY Everbanke USA Salt Lake City 250,000 251,275.00 2.050% 08/07/19 08/08/22 130 QUARTERLY Raymond James Bank 250,000 251,202.50 1.900% 08/23/19 08/23/22 145 QUARTERLY Ally Bank 250,000 251,220.00 1.850% 09/19/19 09/19/22 172 QUARTERLY Usalliance Federal Credit Union 250,000 251,355.00 2.850% 09/30/19 09/30/22 183 QUARTERLY Morgan Stanley Bank 250,000 251,320.00 2.100% 10/17/19 10/17/22 200 MONTHLY Lafayette Fed Cr Un 250,000 251,260.00 1.700% 11/22/19 11/22/22 236 MONTHLY Live Oak Banking Co. 250,000 251,420.00 1.750% 12/11/19 12/12/22 256 QUARTERLY Wells Fargo Natl Bk West 250,000 251,510.00 1.800% 12/13/19 12/13/22 257 QUARTERLY Valley Cent Svgs Bk 250,000 251,327.50 1.700% 01/15/20 01/17/23 292 QUARTERLY Sallie Mae Bank 250,000 251,715.00 1.900% 01/23/20 01/23/23 298 QUARTERLY Servisfirst Bank 250,000 250,975.00 1.600% 02/21/20 02/21/23 327 MONTHLY Celtic Bank 250,000 250,747.50 1.550% 03/13/20 03/13/23 347 MONTHLY Axos Bank 250,000 250,652.50 1.550% 03/26/20 03/27/23 361 MONTHLY Nicolet Natl Bank 250,000 249,420.00 0.900% 03/27/20 03/27/23 361 MONTHLY Centerstate Bank 250,000 249,010.00 0.900% 03/30/20 03/30/23 364 MONTHLY Bank Leumi 250,000 250,375.00 1.450% 03/31/20 03/31/23 365 MONTHLY Discover Bank 250,000 250,357.50 1.350% 04/02/20 04/03/23 368 MONTHLY Berkshire Bank 250,000 249,965.00 1.300% 04/08/20 04/06/23 371 MONTHLY American Express 250,000 249,352.50 1.100% 04/21/20 04/21/23 386 MONTHLY New York Cmnty Bank 250,000 243,645.00 0.350% 12/11/20 12/11/23 620 QUARTERLY Transportation Alliance Bk 250,000 241,255.00 0.250% 03/12/21 03/12/24 712 QUARTERLY Preferred Bank 250,000 240,957.50 0.250% 03/25/21 03/25/24 725 QUARTERLY Bankunited Natl Assn 245,000 236,954.20 0.450% 03/31/21 04/01/24 732 QUARTERLY Greenstate Credit Union 250,000 240,472.50 0.450% 06/16/21 06/17/24 809 QUARTERLY Eaglemark Savings Bank 250,000 240,010.00 0.400% 06/30/21 06/28/24 820 QUARTERLY Texas Exchange Bk 250,000 240,355.00 0.500% 07/09/21 07/09/24 831 QUARTERLY BMW Bk North Amer 250,000 240,295.00 0.550% 07/30/21 07/30/24 852 QUARTERLY Toyota Finl Svgs 250,000 240,152.50 0.650% 09/09/21 09/09/24 893 QUARTERLY State Bk India 250,000 240,010.00 0. 650% 09/17/21 09/17/24 901 QUARTERLY Ubs Bank Usa 250,000 239,520.00 0.750% 11/17/21 11/18/24 963 QUARTERLY Webbank Salt Lake City 250,000 239,370.00 0.750% 11/29/21 11/29/24 974 QUARTERLY Medallion Bank Salt Lake City 250,000 239,925.00 0.900% 12/20/21 12/20/24 995 QUARTERLY Beal Bank 250,000 239,812.50 0.950% 01/19/22 01/15/25 1,021 QUARTERLY Barclays Bk 250,000 244,162.50 1.700% 03/09/22 03/10/25 1,075 QUARTERLY Goldman Sachs Bk 250,000 243,807.50 1.650% 03/09/22 03/10/25 1,075 QUARTERLY Safra National Bk 250,000 246,130.00 2.000% 03/23/22 03/24/25 1,089 QUARTERLY Pentagon Federal Cr Un 250,000 246,065.00 2.000% 03/28/22 03/28/25 1,093 QUARTERLY Negotiable CD TOTAL 10,995,000$ 10,863,747 $
CD TOTAL 10,995,000$ 10,863,747 $
City of Clovis
Certificates of Deposit
As of March 31, 2022
ATTACHMENT 3
24 AGENDA ITEM NO. 4.

MARKET INTEREST INVEST MATURITY MATURITY FROM INTEREST
Municipal Securities COST PRICE RATE DATE DATE 03/31/22 FREQUENCY Huntington Beach Calif Pension Bond 1,000, 000 977,380.00 0.381% 04/01/21 06/15/23 441 QUARTERLY Fresno Unified Taxable Go Ref Bond 500,000 489,235.00 0.462% 09/30/20 08/01/23 488 QUARTERLY Pomona Cali Uni Sch Dist Go Bond 815,000 798,105.05 0.534% 10/20/20 08/01/23 488 QUARTERLY San Jose CA USD Ref Bond 775,000 755,787.75 0.221% 01/20/21 08/01/23 488 QUARTERLY Vista CA USD Ref Bond 750,000 733,215.00 0.221% 01/20/21 08/01/23 488 QUARTERLY William Hart Cali HS Go Bond 1,000,000 976,450.00 0.366% 12/23/20 08/01/23 488 QUARTERLY Jefferson Cali Elem Sch Dist Go Bond 710,000 693,009.70 0.399% 10/27/20 09/01/23 519 QUARTERLY Santa Rosa Calif Watr Ref Bond 350,000 342,583.50 0.578% 12/01/20 09/01/23 519 QUARTERLY Santa Ana CCD Ref Bond 440,000 419,716.00 0.644% 12/17/ 21 08/01/24 854 QUARTERLY Los Angeles CA USD Ref Bond 1,000,000 939, 090.00 1.455% 11/15/21 07/01/26 1,553 QUARTERLY San Ramon Valley CA USD Ref Bond 2,125,000 1,993,547.50 1.147% 11/03/21 08/01/26 1,584 QUARTERLY Mun. Securities TOTAL 9,465,000$ 9,118,120 $
Municipal Securities TOTAL 9,465,000$ 9,118,120 $
City of Clovis
Municipal Securities
As of March 31, 2022
ATTACHMENT 4
25 AGENDA ITEM NO. 4.

Treasury Rates as of March 31, 2022
3 month Treasury bill 0.52
6 month Treasury bill 1.06
2 Yr Treasury note 2.28
3 Yr Treasury note 2.45
5 Yr Treasury note 2.42
10 Yr Treasury note 2.32

CITY OF CLOVIS

FINANCE DEPARTMENT
MARCH 31, 2022 TREASURY RATES
As indicated in the above graph, treasuries increase from 3-month to 3-year notes, then decrease slightly to 10-year notes.
0 0.5
1 1.5
2 2.5
3 3.5
4 3 month
Treasury bill
6 month
Treasury bill
2 Yr Treasury
note
3 Yr Treasury
note
5 Yr Treasury
note
10 Yr
Treasury note

INTEREST RATES

TREASURIES
TREASURY RATES ON MARCH 31, 2022
ATTACHMENT 5
26 AGENDA ITEM NO. 4.

TO: Mayor and City Council
FROM: Finance Department
DATE: June 13, 2022
SUBJECT: Finance – Receive and File – Treasurer’s Report for the Month of March 2022.

ATTACHMENTS: 1. Summary of Cash Balances

2. Summary of Investment Activity

3. Investments with Original Maturities Exceeding One Year

Attached for the Council’s information is the Treasurer’s Report for the month ended March 31, 2022.

Pursuant to Section 41004 of the Government Code of the State of California, the City Treasurer is required to submit a monthly report of all receipts, disbursements, and fund balances.

Prepared by: Jeffrey Blanks, Deputy Finance Director

Reviewed by: City Manager _AH__

27 AGENDA ITEM NO. 5.

Previous Balance 4,950,064.19$
Deposits 41,427,614.80
Disbursements (41,359,188.68)
Current Balance 5,018,490.31$

FUNDS BALANCE
100 General Fund 5,817,086.63 $
201 Local Transportation 21,138,787.09
202 Parking and Business Improvements 183,182.29
203 Off Highway Use 70,985.52
204 Community Facilities District 2020-1 78,555.79 205 Senior Citizen Memorial Trust 54,940.78
207 Landscape Assessment District 5,944,721.93
208 Blackhorse III (95-1) Assessment District 103,897.51 301 Park & Recreation Acquisition 10,051,457.21
305 Refuse Equipment Reserve 1,914,049.00
310 Special Street Deposit Fund 35,667,953.60
313 Successor Agency 137,870.34
314 Housing Successor Agency 1,392,963.52
402 1976 Fire Bond Redemption 25,475.23
404 1976 Sewer Bond Redemption Fund 409,709.21
501 Community Sanitation Fund 15,183,057.19
502 Sewer Service Fund 34,420,325.19
504 Sewer Capital Projects-Users 954,330.06
506 Sewer Capital Projects-Developer 5,069,105.14
507 Water Service Fund 50,260,242.45
508 Water Capital Projects-Users 7,038,888.58
509 Water Capital Projects-Developer 9,164,082.16
515 Transit Fund 7,075,065.21
540 Planning & Development Services 16,614,505.16
601 Property & Liability Insurance 1,161,287.88
602 Fleet Maintenance 20,722,186.92
603 Employee Benefit Fund 9,849,375.29
604 General Government Services 22,990,793.76
701 Curb & Gutter Fund 161,935.51
703 Payroll Tax & Withholding Fund 1,236,399.50
712 Temperance/Barstow Assmt Dist (98-1) 76,423.96 713 Shepherd/Temperance Assmt Dist (2000-1) 5,781.61 715 Supp Law Enforcement Serv 273,203.22
716 Asset Forfeiture 195,436.17
720 Measure A-Public Safety Facility Tax 1,582.51
736 SA Admin Trust Fund 1,421.40
741 SA Debt Service Trust Fund (273,930.94)
747 Housing Successor Trust Fund 1,137.98
SUBTOTALS 285,174,271.56$
999 Invested Funds (280,155,781.25)
TOTAL 5,018,490.31$
Statement of Cash Balances
As of March 31, 2022
City of Clovis
ATTACHMENT 1
28 AGENDA ITEM NO. 5.

Balance of Investments Previous Month End $279,257,372.55 Time Certificates of Deposit Transactions
Investments 1,000,000.00
Withdrawals 0.00
Total CD Changes 1,000,000.00
Other Changes
Government Securities (10,330,450.00)
Local Agency Investment Fund 0.00
Municipal Securities 0.00
Sweep Account 10,228,858.70
Total Other Changes (101,591.30)
Balance of Investments Current Month End 280,155,781.25$ Insured CD's 10,995,000.00
Government Securities 131,597,606.85
US Treasury Notes 0.00
Local Agency Investment Fund 74,453,060.28
Municipal Securities 9,465,000.00
Sweep Account 53,645,114.12
Investment Total 280,155,781.25$
City of Clovis
Distribution of Investments
As of March 31, 2022
City of Clovis
Summary of Investment Activity
For the month of March 31, 2022
ATTACHMENT 2
29 AGENDA ITEM NO. 5.

Investment
Balance At Stated
Institution Face Value Amortized Cost Maturity Rate
FFCB 6,000,000.00 6,005,232 6/14/2022 1.875%
FAMCMTN 6,000,000.00 6,007,803 6/21/2022 1.950%
FFCB 3,000,000.00 3,002,074 8/22/2022 1.625%
FHLB 6,000,000.00 6,025,738 9/9/2022 2.000%
FFCB 3,000,000.00 2,993,412 10/11/2022 1.375%
FFCB 5,000,000.00 5,003,819 10/13/2022 1.600%
FHLB 5,000,000.00 5,022,769 12/9/2022 1.875%
FHLB 8,000,000.00 8,021,152 12/9/2022 1.875%
FAMCMTN 8,500,000.00 8,523,948 2/27/2023 1.350%
FHLB 13,000,000.00 13,319,589 3/10/2023 2.125%
FHLB 5,000,000.00 5,145,268 3/10/2023 2.125%
FFCB 5,000,000.00 5,000,000 3/1/2024 0.250%
FFCB 2,000,000.00 1,999,111 3/18/2024 0.300%
FHLB 5,000,000.00 5,000,000 6/7/2024 0.350%
FHLB 5,000,000.00 4,970,369 11/15/2024 1.050%
FHLB 4,000,000.00 3,980,830 2/28/2025 1.750%
FAMCMTN 4,000,000.00 3,950,319 7/28/2025 0.750%
FAMCMTN 5,000,000.00 4,950,975 9/8/2025 0.600%
FHLB 5,000,000.00 4,965,093 2/11/2026 0.580%
FHLB 4,000,000.00 3,925,490 2/24/2026 0.750%
FFCB 5,000,000.00 4,968,730 9/28/2026 0.940%
FHLB 6,000,000.00 5,988,450 11/24/2026 1.250%
FHLB 5,000,000.00 5,124,502 12/11/2026 2.125%
FHLB 4,000,000.00 3,702,935 2/26/2027 0.900%
FHLB 4,000,000.00 4,000,000 3/8/2027 2.375%
Original Maturities Exceeding One Year
As of March 31, 2022
City of Clovis
ATTACHMENT 3
30 AGENDA ITEM NO. 5.

TO: Mayor and City Council
FROM: Planning and Development Services
DATE: June 13, 2022
SUBJECT: Planning and Development Services – Approval – Res. 22-___, Final Map Tract 6339, located at the northwest corner of North Locan Avenue and Teague Avenue (Granville Homes, Inc.).

ATTACHMENTS: 1. Res. 22-___

2. Vicinity Map

3. Copy of Final Map

CONFLICT OF INTEREST
None.

RECOMMENDATION
For the City Council to approve Res. 22-___, which will:

1. Accept the offer of dedication of parcels and public utility easements within Tract 6339; and

2. Authorize the recording of the final map.

EXECUTIVE SUMMARY
The owner, Granville Homes, Inc. , acting as the subdivider, has submitted a final map. The improvement plans are being processed by City staff. The improvements to be installed include curb, gutter, sidewalk, streetlights, fire hydrants, street paving, sanitary sewer, water mains, and landscaping. The subject tract is at the northwest corner of North Locan and Teague Avenues.

It contains approximately 10 acres and consists of 50 residential units, zoned R-1 and R-1-PRD.

FISCAL IMPACT
The subdivider will be installing curb, gutter, sidewalk, fire hydrants, street paving, sanitary sewer, water mains, and landscaping, which will be perpetually maintained by the City of Clovis.

For the streetlights, the City will pay for the power and PG&E will provide the maintenance.

REASON FOR RECOMMENDATION
The subdivision agreement has been executed by the subdivider and all development fees paid or deferred in accordance with t he Municipal Code. The agreement provides for the developer 31 AGENDA ITEM NO. 6.
to complete a technically correct map and improvement plans, and to complete all the required improvements in compliance with the conditions of approval. The improvements are adequately secured.

ACTIONS FOLLOWING APPROVAL
The final map will be filed with the Fresno County Recorder’s office for recording.

Prepared by: Gene G. Abella, Civil Engineer

Reviewed by: City Manager _AH__

32 AGENDA ITEM NO. 6.

RESOLUTION 22-___

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CLOVIS
APPROVING FINAL SUBDIVISION MAP FOR TRACT NO. 6339

WHEREAS, a final map has been presented to the City Council of t he City of Clovis for Tract 6339, by The City of Clovis, a Municipal Corporation; and

WHEREAS, said final tract conforms to the requirements of Chapter 2, Part 2, of Division 4 of the Business and Professions Code and to local ordinances.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Clovis as follows:

1. The final map of Tract 6339, consisting of two (2) sheets, a copy of which is on file with the City Clerk, be and the same is hereby approved.

2. The subdivision improvement plans for said tract have been approved by City Staff.

3. The preliminary Engineer’s Cost Estimate of development cost of said tract, a copy of which is on file with the City Clerk, be and the same is hereby approved and adopted as the estimated cost of improvements for said subdivision in the sum of $937,135.10.

4. The offer and dedication for public use of the parcels and easements specified on said map are accepted by the City of Clovis and the City Clerk is authorized and directed to execute said subdivision map.

5. This Council finds that the proposed subdivision, together with th e provisions for its design and improvement, are consistent with applicable general and specific plans of the City of Clovis.

6. Improvement Security, as provided hereunder and in said Subdivision Agreement, is fixed at one hundred percent (100%) of the remai ning improvements to be constructed or the sum of $937,000.00 for guaranteeing specific performance of said agreement and fifty percent (50%) of the remaining improvements or the sum of $ 469,000.00 for payment of labor and materials furnished by contractors, subcontractors, labormen and materialmen in connection with the improvements required to be made or constructed by said subdivider in conformity with said subdivision map or said agreement.

7. Subdivider shall furnish a bond in the sum of $167,700.00 being the amount determined by the City Council of the City as necessary for the guarantee and warranty of the work for a period of one year following the completion and acceptance of t he tract against any defective work or labor done, or defective Attachment 1
33 AGENDA ITEM NO. 6.
materials furnished. Said bond is required to be furnished prior to acceptance of the tract by the City Council.

* * * * *

The foregoing resolution was introduced and adopted at a regular meeting of the City Council of the City of Clovis held on June 13, 2022, by the following vote, to wit:

AYES:

NOES:

ABSENT:

ABSTAIN:

DATED: June 13, 2022

______________________________ ______________________________ Mayor City Clerk

34 AGENDA ITEM NO. 6.

Attachment 2
35 AGENDA ITEM NO. 6.

ATTACHMENT 3
Attachment 3
36 AGENDA ITEM NO. 6.
37 AGENDA ITEM NO. 6.

TO: Mayor and City Council
FROM: Planning and Development Services
DATE: June 13, 2022
SUBJECT: Planning and Development Services – Approval – Res. 22-___, Annexation of Proposed Tract 6339, located at the northwest corner of North Locan Avenue and Teague Avenue to the Lan dscape Maintenance District No. 1 of the City of Clovis (Granville Homes, Inc.).

ATTACHMENTS: 1. Res. 22-___

CONFLICT OF INTEREST
None.

RECOMMENDATION
For the City Council to approve Res. 22-___, which will annex proposed Tract 6339, located at the northwest corner of North Locan Avenue and Teague Avenue to the Landscape Maintenance District (LMD) No. 1 of the City of Clovis.

EXECUTIVE SUMMARY
The owner, Granville Homes, Inc., acting as the subdivider, has requested to be annexed to the LMD No. 1 of the City of Clovis as set forth by the Conditions of Approval for Tentative Tract 6339.

BACKGROUND
Granville Homes, Inc. , the developer of Tract 6339, has executed a covenant that this development be annexed to the City of Clovis, LMD No. 1 . An executed copy can be provided on request. Council formed the original District on July 15, 1985 , for the purpose of funding the maintenance of landscaped areas and parks.

Under the provisions of the Landscaping and Lighting Act of 1972 and in accordance with Article XIII C and Article XIII D of Proposition 218, all the owners of property pro posed for annexation have provided a writt en request and consent to annexation and have executed a covenant (petition) indicating acceptance of the annual assessment.

38 AGENDA ITEM NO. 7.

FISCAL IMPACT
This project will add landscaping to the LMD No. 1 of the City of Clovis shown as follows:

Tract 6339 Year to Date

LMD Landscaping added: 0.127 acres 8.142 acres

Resource needs added: 0.013 persons 0.814 persons

The resource needs estimate is based on 1 person per 10 acres of landscaped area.

REASON FOR RECOMMENDATION
The property owners for the subject tract have requested annexation into the City of Clovis LMD No. 1.

ACTIONS FOLLOWING APPROVAL
Tract 6339 shall become a part of City of Clovis LMD No. 1 and will be assessed next year for maintenance costs.

Prepared by: Gene G. Abella, Civil Engineer

Reviewed by: City Manager _AH__

39 AGENDA ITEM NO. 7.

ATTACHMENT 1
RESOLUTION 22-___

RESOLUTION OF THE COUNCIL OF THE CITY OF CLOVIS, CALIFORNIA, APPROVING ANNEXATION TO LANDSCAPING MAINTENANCE DISTRICT NO. 1

OF THE CITY OF CLOVIS

WHEREAS, City of Clovis Landscape Maintenance District No. 1 ("District") was formed by Resolution No. 85-78, adopted July 15, 1985, pursuant to Part 2 of Division 15 of the Streets and Highways Code (Landscape and Lighting Act of 1972), herein the "Act"; and
WHEREAS, all of the owners of property proposed to be annexed to the District consisting of proposed Tract No. 6339, as described in Attachment "A" attached hereto and incorporated herein by reference, have consented to said annexation and such annexation may be ordered without notice and hearing or filing of engineer's report, or both.

NOW, THEREFORE, IT IS RESOLVED AND ORDERED, as follows:

1. That the public interest and convenience require that certain property described in Attachment "A" attached hereto and by reference incorporated herein be annexed into Landscape Maintenance District No. 1 of the City of Clovis for the maintenance and servicing of landscaping facilities; and

2. The City Clerk shall receive and file the maps showing the boundaries of the areas annexed as set forth in Attachment A which boundaries shall be used for assessment proceedings until and unless a change of organization is approved pursuant to the Act.

* * * * *

The foregoing resolution was introduced and adopted at a regular meeting of the City Council of the City of Clovis held on June 13, 2022, by the following vote, to wit.

AYES:

NOES:

ABSENT:

ABSTAIN:

DATED: June 13, 2022

______________________________ ______________________________ Mayor City Clerk
40 AGENDA ITEM NO. 7.

ATTACHMENT A

Legal Description

Lots 1 through 50, inclusive, of Tract Map 6339 recorded in Volume ______ of Plats at Pages ______ through ______, Fresno County Records.
41 AGENDA ITEM NO. 7.

TO: Mayor and City Council
FROM: Administration
DATE: June 13, 2022
SUBJECT: Consider Introduction – Ord. 22 -___, An ordinance amending section

3.3.403 of the Clovis Municipal Code pertaining to the increase of the Transient Occupancy Tax rate.

Staff: John Holt, City Manager
Recommendation: Approve
ATTACHMENTS: 1. Ordinance 22-___

CONFLICT OF INTEREST
None.

RECOMMENDATION
For the City Council to approve the introduction of Ordinance 22-___, amending section 3.3.403 of the Clovis Municipal Code pertaining to the increase of the Transient Occupancy Tax rate.

EXECUTIVE SUMMARY
At the June 6, 2022, City Council meeting, the Ci ty Council called a special municipal election to present a ballot measure proposing a two percent (2%) increase to the existing Transient Occupancy Tax (TOT or Hotel Tax) in Clovis – a proposed increase from 10% to 12%. The proposed TOT increase and ballo t measure is for a general tax, available for general fund use and not legally restricted to a particular use.

Should the voters approve the measure, an ordinance amending the Transient Occupancy Tax rate must be in place for the collection of the tax following approval by a simple majority (50%+1).

Staff has prepared an ordinance amending section 3.3.403 of the Clovis Municipal Code pertaining to the increase of the TOT rate to reflect the two percent (2%) increase to be voted on at the November 8, 2022, election. The proposed ordinance will be conditioned upon approval of the tax increase measure by the voters at the election.

42 AGENDA ITEM NO. 8.

FISCAL IMPACT
If the proposed TOT rate increase measure is approved by the voters, it is expected to initially raise approxima tely $500,000 annually in additional general fund revenue. That additional revenue will increase in the future with additional hotels and higher room rates.

REASON FOR RECOMMENDATION
Should the voters approve the ballot measure, an ordinance amending the Transient Occupancy Tax rate must be in place for the collection of the tax following approval by a simple majority.

ACTIONS FOLLOWING APPROVAL
Staff will return at the June 20, 2022, City Council meeting to request for C ouncil’s approval to adopt the ordinance.

Prepared by: Karey Cha, City Clerk

Reviewed by: City Manager JH
43 AGENDA ITEM NO. 8.
1 ORDINANCE NO. 22-___

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CLOVIS
AMENDING SECTION 3.3.403 OF THE CLOVIS MUNICIPAL CODE

PERTAINING TO THE INCREASE OF THE TRANSIENT OCCUPANCY TAX RATE

WHEREAS, the City Council of the City of Clovis (“City”) has called a special municipal election for a ballot measure (“Measure”) for a two percent (2%) increase to the City’s transient occupancy tax, for a total rate of twelve percent (12%), to be submitted to the voters of the City at the November 8, 2022, statewide general election; and

WHEREAS, should the voters approve the Measure, an ordinance amending the transient occupancy tax rate must be in place f or the collection of the tax following approval by a majority vote of the qualified electors of the City voting in an election on the issue; and

WHEREAS, the City Council desires to adopt an ordinance, reflecting the additional transient occupancy tax rat e, contingent upon the voters approving the Measure.

NOW, THEREFORE, the City Council of the City of Clovis does hereby ordain as follows:

SECTION 1. Codification of Increased Transient Occupancy Tax. Section 3.3.403 of the Clovis Municipal Code is hereby amended to read as follows:

Section 3.3.403: Tax imposed.

(a) For the privilege of occupancy in any hotel on and after January 1, 2023 , each transient is subject to, and shall pay, a tax in the amount of twelve percent (12%) of the rent charged by the operator or paid by the transient, whichever is greater.

(b) The tax shall be charged on the full rental rate regardless of whether the operator has an arrangement with a travel company to sell a room or block of rooms to the travel company at a discounted rate and regardless of whether the transient paid the rent directly to the operator or through a travel company.

Such tax shall constitute a debt owed to the City, which debt shall be extinguished only by payment to the operator or to the City.

SECTION 2. Termination Date. The authority to levy the tax imposed by this ordinance has no sunset date and shall continue until ended by voters.

Attachment 1
44 AGENDA ITEM NO. 8.
2 SECTION 3. City Council Authority to Amend . This is a City Council sponsored Measure, and pursuant to Section 9217 of the California Elections Code, the City Council expressly reserves the right and authority to amend the ordinance and any portion of Chapter 3.3 of the City’s Municipal Code to further the purp oses and intent of the ordinance (including but not limited to amendment for more efficient administration as determined by the City Council) in any manner that does not increase a tax rate, or otherwise constitute a tax increase for which voter approval i s required by Article XIII C of the California Constitution.

SECTION 3. Effective and Adoption Date; Contingency on Voter Approval . This ordinance relates to the levying and collection of City transient occupancy taxes and shall not take effect , be sent for publication, or considered adopted, unless the City Council declares that the voters of the City of Clovis have approved the Measure by a vote of no less than a majority of the votes cast by the electors voting on the Measure at the General Municipal Election held on Tuesday, November 8, 2022, and shall go into effect ten (10) days thereafter.

SECTION 4. Severability. If any provision of this ordinance or the application thereof to any person or circumstance is held invalid, the remainder of the ordin ance and the application of such provision to other persons or circumstances shall not be affected thereby.

APPROVED: June 13, 2022

______________________________ ______________________________ Mayor City Clerk

* * * * * * * * * *

The foregoing Ordinance was introduced and read at a regular meeting of the City Council held on June 13, 2022 , and was adopted at a regular meeting of said Council held on June 20, 2022, by the following vote, to wit:

*
AYES:

NOES:

ABSENT:

ABSTAIN:

DATED: June 20, 2022

________________________________
City Clerk

45 AGENDA ITEM NO. 8.

TO: Mayor and City Council
FROM: Administration
DATE: June 13, 2022
SUBJECT: Consider Review and Approval - Res. 22-___, 2022-2023 City of Clovis Annual Budget, Five Year Capital Improvement Program, and Information regarding the Clovis Successor Agency.
a) Finance Department (Jay Schengel)
b) City Council/City Attorney/City Manager/City Clerk (Andrew Haussler/Karey Cha/Jesse Velez)
c) Police Department (Curt Fleming)
d) Fire Department (John Binaski)
e) Public Utilities Department (Scott Redelfs)
f) Planning and Development Services/Community Investment Program (Renee Mathis)
g) General Services (Shonna Halterman)
h) Community and Economic Development/Successor Agency (An drew Haussler)

Recommendation: Approve
ATTACHMENTS: 1. Res. 22-___

CONFLICT OF INTEREST
None.

RECOMMENDATION
Consider review and approval of the City of Clovis Annual Budget, Five Year Capital Improvement Program, and information regarding the Clovis Successor Agency. This item was introduced on May 16, 2022 and continued to the meeting of June 13, 2022. Staff i s recommending the Council open the public hearing for departmental review and comment, continue the public hearing, and adopt the budget resolution no later than June 30, 2022.

EXECUTIVE SUMMARY
The 2022-2023 Annual Budget for general operations and capital improvement programs for the City of Clovis in the amount of $297.5 million is balanced using current revenues, anticipated 46 AGENDA ITEM NO. 9.
rate increases and capital reserves and is hereby submitted, in accordance with the Clovis Municipal Code.

The 2022-2023 Annual Budget was developed to grow the City’s operations to address growth and provide targeted investments in the City in older neighborhoods to improve the quality of life for its residents. Compared to the past few years, this is a welcome return from those restrained budgets due to the economic uncertainty of the pandemic. The major challenge in the current budget, and years to come, is focused on the $93.6 million General Fund budget. Sales and property taxes make up 90% of the total General Fund discretionary revenues. Staff is estimating an ending General Fund emergency reserve balance for June 30, 2022, of $21 million, or 22% of the General Fund expenditures.

BACKGROUND
Sales tax revenues were higher than projected during the last fiscal year, largely due to the shift in online shopping which was exacerbated by the pandemic. California’s AB 147, the Marketplace Facilitator’s Act, also provided vigorous gains in the county pools due to online purchases, of which the City receives a share. Although rece nt acceleration to online buying should continue growing sales tax revenues, future gains are anticipated to subside to levels moderately better than historical levels. Sales taxes comprise approximately 44% of total General Fund discretionary revenue and largely support public safety services.

Property taxes are expected to continue to rise with the strong residential housing market driving growth. Commercial property tax revenues will be closely monitored as they may be impacted by the accelerated shift to online shopping and remote office work. The normal Proposition 13 increases direct that assessed valuation of property may only increase by a maximum rate of 2% annually or by the Consumer Price Index (CPI), whichever is lower, and by the recapture of previous Proposition 8 automatic declines processed in prior years. Property taxes, including property tax in -lieu of motor vehicle license fees, comprise the main discretionary revenue source for General Fund operations. These property-related taxes represent approximately 46% of total General Fund discretionary revenue and largely support public safety services.

One of the keys for the long -term fiscal health of a growing community like Clovis is to accumulate savings sufficient to fund an emergency reserve that would adequately protect the City against an unexpected catastrophic event and protect City services until other options could be implemented during a rapid economic downturn. The emergency reserve is being maintained with 22%, or $21 million.

Enterprise operations and other funds need to be self-balancing with sufficient reserves to meet service obligations and debt coverage. All enterprise operations and other funds are balanced.

In addition, Sewer and Water operations have an authorized 3% rate escalator and Community Sanitation operations have an authorized 4% rate escalator. Sewer will implement th e rate increase in this year’s budget and the full $7.30 bond surcharge will be rebated. Water will implement the authorized 3% increase and has two rate schedules: one for normal conditions and one for drought conditions. This year’s budget anticipates no rmal conditions. Community Sanitation will have a 4% increase for recycling and green waste services, and a 1.5% decrease 47 AGENDA ITEM NO. 9.
for refuse service. Each year, staff evaluates all Enterprise Funds to determine if any rate adjustments are necessary.

The Transit Enterprise remains fully funded and, with the City’s population exceeding 100,000, Transit will receive the entire allocation of Local Transportation Funding.

The 2022-2023 Annual Budget for all funds totals $297.5 million and is balanced using current revenues, anticipated rate increases, and capital reserves. This budget represents an 20% decrease compared to estimated expenditures for 2021 -2022, due primarily to several large capital projects being completed in the current year and not reflected in the proposed budget. A summary of expenditures by function is provided below:

The General Fund, which is the only source of discretionary funding used for basic government services such as public safety, streets, parks, recreation, and senior services, is budgeted to increase 8% above estimated expenditures for 2021 -2022. Department budgets are proposed to increase due to budget increases for core services as well as additional salary and benefit costs. Total current revenue in the General Fund is estimated at $96.3 million and expenditures of $93.6 million are being proposed.

FISCAL IMPACT
In accordance with the Municipal Code, and in compliance with State law, the City Council is required to adopt a balanced, annual budget for each fiscal year by June 30. The annual budget provides a spending plan for the upcoming year that is balanced with expenditures kept in line with revenues, and the use of emergency reserves includes a five -year capital investment plan for the community.

REASON FOR RECOMMENDATION
The City Council must conduct a public hearing to provide an opportunity for the public to comment on the proposed annual budget; must review the proposal to determine that the financial plan fairly represents the fiscal policies and priorities of the City Council; and is required by local ordinance, in compliance with state law, to adopt a balanced budget by no later than June 30, 2022. If the Council fails to adopt a budget by that date, then the City Manager’s proposed budget will automatically become effective to avoid any interruption in City operations, but no capital projects or capital purchases would be allowed until final action by the City Council.

General
Government
3%
Public Safety
23%
Planning &
Development
Services
5%
Community
Investment
Program
14%
Public
Utilities
26%
Culture &
Rec
6%
Internal
Services
23%
General Government $ 8,838,800
Public Safety 69,893,200
Planning & Development Services 14,873,500
Community Investment Program 43,021,000
Public Utilities 75,386,100
Culture & Rec. 18,531,500
Internal Services 66,943,300
TOTAL $ 297,487,400
48 AGENDA ITEM NO. 9.

ACTIONS FOLLOWING APPROVAL
On May 16, 2022, the 2022 -2023 City of Clovi s Annual Budget was presented and recommended opening the public hearing for departmental review and comment, continue the public hearings to June 13, 2022, and adopt the budget resolution no later than June 30, 2022.

The recommended Annual Budget has bee n available for review by the public since May 16, 2022 on the City’s website found at www.cityofclovis.com.

Prepared by: Andrew Haussler, Assistant City Manager

Reviewed by: City Manager JH
49 AGENDA ITEM NO. 9.

ATTACHMENT 1
RESOLUTION 22-

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CLOVIS APPROVING THE ANNUAL BUDGET FOR FISCAL YEAR 2022-2023, ORDERING TRANSFERS, AND

ADOPTING THE SUMMARY OF APPROPRIATIONS BY FUND AND DEPARTMENT AND OTHER NECESSARY ACTIONS RELATED TO APPROVING THE 2022-2023 BUDGET

WHEREAS, the City Council is required to adopt the Budget by June 30 of each year; and WHEREAS, the Council has conducted a public hearing on the recommended 2022-2023 Budget; and
WHEREAS, the adoption of Proposition 111 on June 5, 1990, requires the Council adopt an Appropriation Limit; and
WHEREAS, the Council intends to establish the City's Appropriation Limit in conformance with the provisions of Proposition 111; and
WHEREAS, the City Council finds it necessary to adopt the 2022-2023 Budget.

NOW, THEREFORE BE IT RESOLVED, by the City Council of the City of Clovis as follows:

1. The 2022-2023 Annual Budget and corresponding P ersonnel Allocation is approved.

2. The City Council approves and orders the transfer of monies in and out of various funds as set forth in the "Notes to Resources and Appropriations Summary" of said 2022-2023 Budget Book.

3. The “Summary of Expenditures/Expenses 2022-2023 by Department within Fund- Legal Level of Budgetary Control" attached as Exhibit “A” is approved.

4. The Appropriation Limit as calculated and shown on Page 9 of the 2022-2023 Budget book is approved for $373,733,758.

5. The Council orders that any budget savings or unanticipated revenue be transferred to reserves in accordance with the Appropriation Limit.

6. Any amendments to the appropriations as may be subsequently approved by the Council shall be in conformance with Section 2 -8.11, Section 2-8.13 and Section 2-8.17 of the Clovis Municipal Code.

50 AGENDA ITEM NO. 9.

7. The City Council orders that $ 21,000,000 of the Fund Balan ce from the City's General Fund be designated as Emergency Reserve.

8. The City Council approves the Five -Year Capital Improvement Program that is included within the Annual Budget.

9. The updated Monthly Salary Schedules by bargaining group are attached as Exhibit “B”.

10. The Clovis Redevelopment Successor Agency’s information is included in the City budget and accounting systems for administrative purposes and is shown on Exhibit A.

11. The City Council will implement the approved 3% annual increase i n sewer user rates and will refund in full the $7.30 per month sewer bond surcharge thereby adopting the fees itemized in Exhibit C.

12. The City Council will implement the approved annual 4% increase in rates for residential recycling and greenwaste and a 1.5% decrease will be implemented for the refuse program as shown in Exhibit D.

13. The City Council will implement the approved increase in street sweeping rates from $2.25 to $2.75 per month.

14. The City Council will implement the approved 3% annual i ncrease in water user rates thereby adopting the fees itemized in Exhibit E. The non -drought rates on Exhibit E will be in effect for 2022-2023.
* * * * *
The foregoing Resolution was introduced and adopted at a regular meeting of the City Council of the City of Clovis held on June 13, 2022, the following vote, to wit:

AYES:

NOES:

ABSENT:

ABSTAIN:

Dated: June 13, 2022

________________________________ ________________________________ Mayor City Clerk
51 AGENDA ITEM NO. 9.

City of Clovis
Summary of Expenditures/Expenses 2022-2023
By Department within Fund-Legal Level of Budgetary Control DEPARTMENT City Clovis
City City City General Planning & Public Capital 2021-2022 Successor Council Attorney Manager Services Finance Dev Serv Police Fire Utilities Improvements Total Agency FUND

GENERAL
General Fund 394,500$ 1,113,000$ 2,666,300$ 3,514,900$ 3,765,200$ 47,843,700$ 22,049,500$ 12,236,300$ 93,583,400$

SPECIAL REVENUE FUNDS
Housing & Community Development 307,800 307,800
Landscape Assessment District 4,693,000 4,693,000 Community Facilities Dist 2020-1 32,700 32,700 Total Special Revenue 307,800 4,725,700 5,033,500

INTERNAL SERVICE FUNDS
Liability & Property Insurance 5,126,000 5,126,000
Employee Benefits 35,605,200 35,605,200
Fleet Maintenance 11,547,000 11,547,000
General Government Services 5,672,500 8,992,600 14,665,100 Total Internal Service 5,672,500 49,723,800 11,547,000 66,943,300

ENTERPRISE FUNDS
Community Sanitation 25,604,100 25,604,100
Wastewater 18,632,500 18,632,500
Water 21,073,900 21,073,900
Transit 8,722,200 8,722,200
Planning & Development Services 14,873,500 14,873,500 Total Enterprise 8,722,200 14,873,500 65,310,500 88,906,200

CAPITAL IMPROVEMENT FUNDS
Sewer Construction
Capital-Enterprise 140,000 140,000
Capital-Developer 7,014,000 7,014,000
Park Projects 1,543,000 1,543,000
Street Construction 17,832,000 17,832,000
Water Construction
Capital-Enterprise 870,000 870,000
Capital-Developer 6,499,000 6,499,000
Housing & Community Development 7,635,000 7,635,000 Community Sanitation Construction 1,000,000 1,000,000 General Government Facilities 488,000 488,000 Total Capital Improvement 43,021,000 43,021,000
Citywide Grand Totals 394,500$ 1,113,000$ 8,646,600$ 61,960,900$ 3,765,200$ 14,873,500$ 47,843,700$ 22,049,500$ 93,819,500$ 43,021,000$ 297,487,400$ Clovis Successor Agency Grand Total 1,367,000$

EXHIBIT A
52 AGENDA ITEM NO. 9.

Unit 2

CITY OF CLOVIS
CFFA Monthly Salary Schedule - July 1, 2021
Revised 7/1/2021
2% Wage Increase
Code Position Grade Step 1 Step 2 Step 3 Step 4 Step 5
2125 Firefighter (Base) 100 6,562 6,890 7,235 7,597 7,977 2150 Firefighter (2.5%) Ed Incent 6,726 7,062 7,416 7,787 8,176 MOU 30.2 30 Fire Science Units CDH 1120 164.00 172.00 181.00 190.00 199.00 PP 82.00 86.00 90.50 95.00 99.50
2175 Firefighter (5.0%) Ed Incent 6,894 7,239 7,601 7,982 8,380 MOU 30.2 Fire Certification or CDH 1121 332.00 349.00 366.00 385.00 403.00 AA, AS, BA, BS Degree PP 166.00 174.50 183.00 192.50 201.50 2225 Fire Engineer (Base) 200 7,268 7,631 8,013 8,414 8,835 2250 Fire Engineer (2.5%) Ed In 7,450 7,822 8,213 8,624 9,056 MOU 30.2 30 Fire Science Units CDH 1120 182.00 191.00 200.00 210.00 221.00 PP 91.00 95.50 100.00 105.00 110.50
2275 Fire Engineer (5.0%) Educ Inc 7,636 8,018 8,418 8,840 9,282 MOU 30.2 Fire Certification or CDH 1121 368.00 387.00 405.00 426.00 447.00 AA, AS, BA, BS Degree PP 184.00 193.50 202.50 213.00 223.50 2325 Fire Captain (Base) 300 8,484 8,908 9,353 9,821 10,312 2350 Fire Captain (2.5%) Educ Inc 8,696 9,131 9,587 10,067 10,570 MOU 30.2 30 Fire Science Units CDH 1120 212.00 223.00 234.00 246.00 258.00 PP 106.00 111.50 117.00 123.00 129.00
2375 Fire Captain (5.0%) Ed Inc 8,913 9,359 9,827 10,319 10,834 MOU 30.2 Fire Certification or CDH 1121 429.00 451.00 474.00 498.00 522.00 AA, AS, BA, BS Degree PP 214.50 225.50 237.00 249.00 261.00 2200 Prevention Captain (Base) 350 9,121 9,577 10,056 10,559 11,087 2210 Prevention Captain 2.5% Ed In 9,349 9,816 10,307 10,823 11,364 MOU 30.2 30 Fire Science Units CDH 1120 228.00 239.00 251.00 264.00 277.00 PP 114.00 119.50 125.50 132.00 138.50
2220 Prevention Captain 5.0% Educ 9,583 10,061 10,565 11,094 11,648 MOU 30.2 Fire Certification or CDH 1121 462.00 484.00 509.00 535.00 561.00 AA, AS, BA, BS Degree PP 231.00 242.00 254.50 267.50 280.50 2800 Training Captain (Base) 350 9,121 9,577 10,056 10,559 11,087 2810 Training Captain (2.5%) 9,349 9,816 10,307 10,823 11,364 MOU 30.2 30 Fire Science Units CDH 1120 228.00 239.00 251.00 264.00 277.00 PP 114.00 119.50 125.50 132.00 138.50
2820 Training Captain (5.0%) 9,583 10,061 10,565 11,094 11,648 MOU 30.2 Fire Certification or CDH 1121 462.00 484.00 509.00 535.00 561.00 AA, AS, BA, BS Degree PP 231.00 242.00 254.50 267.50 280.50 Prevention Captain and Training Captain positions are filled by Fire Captains City Pub:\matrix\Salary Matrix 7-1-21\2021-07-01 CFFA 11:27 AM 5/24/2021 Exhibit B
53 AGENDA ITEM NO. 9.

Police - Unit 4

CITY OF CLOVIS
CPOA - Monthly Salary Schedule - July 1, 2021
Revised 7/1/21
Code Position Grade Step 1 Step 2 Step 3 Step 4 Step 5
4025 Police Officer (Trainee) 100 4,079 4,283 4,497 4,722 4,958 4050 Police Officer (Recruit) 250 6,182 6,491 6,816 7,157 7,515 4125 Police Officer (Base) 300 7,017 7,368 7,736 8,123 8,529 4150 Police Officer (2.5%) Ed Inc 7,192 7,552 7,929 8,326 8,742 AP or CDH 1120 175.00 184.00 193.00 203.00 213.00
AA-AS/IP or AA-AS/AP PP 87.50 92.00 96.50 101.50 106.50 4175 Police Officer (5.0%) Ed Inc 7,368 7,736 8,123 8,529 8,955 MA-MS or BA-BS no post or CDH 1121 351.00 368.00 387.00 406.00 426.00 BA-BS/IP PP 175.50 184.00 193.50 203.00 213.00
4180 Police Officer (7.5%) Ed Inc 7,543 7,921 8,316 8,732 9,169 MA-MS/AP or CDH 1122 526.00 553.00 580.00 609.00 640.00 BA-BS/AP PP 263.00 276.50 290.00 304.50 320.00
4225 Police Corporal (Base) 350 7,920 8,316 8,732 9,169 9,627 4250 Police Corporal (2.5%) Ed Inc 8,118 8,524 8,950 9,398 9,868 AP or CDH 1120 198.00 208.00 218.00 229.00 241.00
AA-AS/IP or AA-AS/AP PP 99.00 104.00 109.00 114.50 120.50 4275 Police Corporal (5.0%) Ed Inc 8,316 8,732 9,169 9,627 10,108 MA-MS or BA-BS no post or CDH 1121 396.00 416.00 437.00 458.00 481.00 BA-BS/IP PP 198.00 208.00 218.50 229.00 240.50
4280 Police Corporal (7.5%) Ed Inc 8,514 8,940 9,387 9,857 10,349 MA-MS/AP or CDH 1122 594.00 624.00 655.00 688.00 722.00 BA-BS/AP PP 297.00 312.00 327.50 344.00 361.00
4325 Police Sergeant (Base) 400 9,131 9,588 10,067 10,570 11,099 4350 Police Sergeant (2.5%) Ed Inc 9,359 9,828 10,319 10,834 11,376 AP or CDH 1120 228.00 240.00 252.00 264.00 277.00
AA-AS/IP or AA-AS/AP PP 114.00 120.00 126.00 132.00 138.50 4375 Police Sergeant (5.0%) Ed Inc 9,588 10,067 10,570 11,099 11,654 MA-MS or BA-BS no post or CDH 1121 457.00 479.00 503.00 529.00 555.00 BA-BS/IP PP 228.50 239.50 251.50 264.50 277.50
4380 Police Sergeant (7.5%) Ed Inc 9,816 10,307 10,822 11,363 11,931 MA-MS/AP or CDH 1122 685.00 719.00 755.00 793.00 832.00 BA-BS/AP PP 342.50 359.50 377.50 396.50 416.00
2% Wage Increase
Code Trainees
as PERS MISC
not PERS Safety
C:\Users\terriep\Desktop\Salary Matrix 7-1-21 5/24/2021 11:27 AM 54 AGENDA ITEM NO. 9.

Unit 1

CITY OF CLOVIS
CPWEA - Monthly Salary Schedule - July 1, 2021
Revised 7/1/21
Code Position Grade Step 1 Step 2 Step 3 Step 4 Step 5
1040 Assistant Building Technician 600 5,366 5,634 5,916 6,212 6,523 1080 Asst Water Systems Technician 670 5,474 5,748 6,035 6,337 6,654 1130 Building Maintenance Leadworker 800 6,016 6,317 6,633 6,965 7,313 1140 Building Maintenance Worker 300 4,512 4,738 4,975 5,224 5,485 1160 Disposal Leadworker 800 6,016 6,317 6,633 6,965 7,313 1175 Electrician 900 6,430 6,752 7,090 7,445 7,817
1200 Equipment Mechanic 650 5,456 5,729 6,015 6,316 6,632 1240 Equipment Mechanic Assistant 450 5,077 5,331 5,598 5,878 6,172 1280 Equipment Operator 700 5,633 5,915 6,211 6,522 6,848 1320 Equipment Service Worker 300 4,512 4,738 4,975 5,224 5,485 1360 Fleet Maintenance Leadworker 800 6,016 6,317 6,633 6,965 7,313 1370 Fleet Maintenance Service Writer 350 4,752 4,990 5,240 5,502 5,777 1400 Landfill Leadworker 800 6,016 6,317 6,633 6,965 7,313 1440 Maintenance Leadworker 800 6,016 6,317 6,633 6,965 7,313 1480 Maintenance Worker 150 4,009 4,209 4,419 4,640 4,872 1520 Meter Reader 200 4,530 4,757 4,995 5,245 5,507
1560 Parks Maintenance Leadworker 800 6,016 6,317 6,633 6,965 7,313 1600 Parks Sr. Maintenance Worker 400 5,067 5,320 5,586 5,865 6,158 1640 Parts Clerk 350 4,752 4,990 5,240 5,502 5,777
1720 Senior Maintenance Worker 400 5,067 5,320 5,586 5,865 6,158 1760 Senior Sanitation Operator 550 5,212 5,473 5,747 6,034 6,336 1800 Street Sweeper Operator 500 5,160 5,418 5,689 5,973 6,272 1820 Utility Worker 100 3,189 3,348 3,515 3,691 3,876
1840 Water Systems Technician 850 6,134 6,441 6,763 7,101 7,456 1860 Water Treatment Plant Operator 850 6,134 6,441 6,763 7,101 7,456 2% Wage Increase
City Pub:\matrix\Salary Matrix 7-1-21\2021-07-01 CPWEA 11:27 AM 5/24/2021 55 AGENDA ITEM NO. 9.

Unit 5CITY OF CLOVIS
CEA - Monthly Salary Schedule - July 1, 2021
Revised 7/1/2021
2% Wage Increase
Code Position Grade Step 1 Step 2 Step 3 Step 4 Step 5
5060 Administrative Assistant 490 4,928 5,174 5,433 5,705 5,990 5375 Custodian 090 3,490 3,665 3,848 4,040 4,242
5795 Principal Account Clerk 340 4,300 4,515 4,741 4,978 5,227 5805 Principal Office Assistant 340 4,300 4,515 4,741 4,978 5,227 5826 Recreation Leader 040 3,189 3,348 3,515 3,691 3,876 5830 Recreation Specialist 310 4,212 4,423 4,644 4,876 5,120 5840 Sr Center Nutrition Services Worker 180 3,557 3,735 3,922 4,118 4,324 5930 Senior Custodian 110 3,932 4,129 4,335 4,552 4,780 5860 Staff Analyst 200 4,681 4,915 5,161 5,419 5,690
City Pub:\matrix\Salary Matrix 7-1-21\2021-07-01 CEA 11:27 AM 5/24/2021 56 AGENDA ITEM NO. 9.

Unit 13CITY OF CLOVIS
CPSEA - Monthly Salary Schedule - July 1, 2021
Revised 7/1/2021
Code Position Grade Step 1 Step 2 Step 3 Step 4 Step 5
5076 Animal Control Officer 330 4,407 4,627 4,858 5,101 5,356 5081 Animal Services Aide 090 3,387 3,556 3,734 3,921 4,117 5301 Community Service Officer 460 4,943 5,190 5,450 5,723 6,009 5356 Crime Specialist 600 6,139 6,446 6,768 7,106 7,461 5481 Digital Forensic Analyst 760 7,190 7,550 7,928 8,324 8,740 5554 Fire & Life Safety Specialist 760 7,190 7,550 7,928 8,324 8,740 5635 Fire Inspector I 550 5,405 5,675 5,959 6,257 6,570 5636 Fire Inspector II 560 6,020 6,321 6,637 6,969 7,317 5664 Lead Public Safety Dispatcher 565 5,815 6,106 6,411 6,732 7,069 5786 Police Service Officer 450 5,077 5,331 5,598 5,878 6,172 5809 Property and Evidence Technician 350 4,607 4,837 5,079 5,333 5,600 5820 Public Safety Dispatcher 450 5,077 5,331 5,598 5,878 6,172 5875 Senior Animal Control Officer 430 5,048 5,300 5,565 5,843 6,135 5976 Senior Property/Evidence Technician 440 5,043 5,295 5,560 5,838 6,130 5979 Senior Systems Video Analyst 760 7,190 7,550 7,928 8,324 8,740 5981 Systems Video Technician 390 4,492 4,717 4,953 5,201 5,461 2 % Wage Increase
C:\Users\terriep\Desktop\Salary Matrix 7-1-21 5/24/2021 57 AGENDA ITEM NO. 9.

Unit 12CITY OF CLOVIS
CPTA - Monthly Salary Schedule - July 1, 2021
Revised 10/1/2021
Add City Surveyor Position
Code Position Grade Step 1 Step 2 Step 3 Step 4 Step 5
5126 Assistant Planner 570 5,984 6,283 6,597 6,927 7,273 5151 Associate Planner 650 6,758 7,096 7,451 7,824 8,215 5176 Building Inspector 610 6,041 6,343 6,660 6,993 7,343 5161 Business Workflow Analyst 760 7,190 7,550 7,928 8,324 8,740 5162 Business Workflow Specialist 555 5,459 5,732 6,019 6,320 6,636 5228 City Surveyor 660 8,116 8,522 8,948 9,395 9,865
5230 Civil Engineer 660 8,116 8,522 8,948 9,395 9,865
5627 Engineer I 640 6,665 6,998 7,348 7,715 8,101
5105 Engineer II 750 7,528 7,904 8,299 8,714 9,150
5526 Engineering Inspector 590 6,018 6,319 6,635 6,967 7,315 5551 Engineering Technician 450 4,927 5,173 5,432 5,704 5,989 5561 Geographic Info Sys Analyst 630 6,537 6,864 7,207 7,567 7,945 5564 Geographic Info Sys Specialist 555 5,459 5,732 6,019 6,320 6,636 5566 Geographic Info Sys Technician 390 4,492 4,717 4,953 5,201 5,461 5576 Housing Program Coordinator 780 7,380 7,749 8,136 8,543 8,970 5681 Permit Technician 355 4,576 4,805 5,045 5,297 5,562 5726 Planning Technician I 370 4,491 4,716 4,952 5,200 5,460 5751 Planning Technician II 530 5,118 5,374 5,643 5,925 6,221 5776 Plans Examiner 590 6,018 6,319 6,635 6,967 7,315
5901 Senior Building Inspector 690 6,825 7,166 7,524 7,900 8,295 5936 Senior Engineering Inspector 670 6,799 7,139 7,496 7,871 8,265 5951 Senior Engineering Technician 560 5,568 5,846 6,138 6,445 6,767 \\clovis-201\City Pub\MATRIX\HRPY Current Matrices\HR CPTA Matrices 6/6/2022 58 AGENDA ITEM NO. 9.

Unit 14CITY OF CLOVIS
CTFP - Monthly Salary Schedule - July 1, 2021
Revised 12/1/2021
Add Sr Info Tech Specialist
Code Position Grade Step 1 Step 2 Step 3 Step 4 Step 5
5027 Accountant 710 6,862 7,205 7,565 7,943 8,340
5592 Information Technology Analyst 630 6,537 6,864 7,207 7,567 7,945 5594 Information Technology Specialist 555 5,459 5,732 6,019 6,320 6,636 5597 Information Technology Technician 390 4,669 4,902 5,147 5,404 5,674 5847 Senior Accountant 770 7,205 7,565 7,943 8,340 8,757 5857 Senior Accounting Systems Technician 560 5,568 5,846 6,138 6,445 6,767 5962 Senior Information Technology Analyst 760 7,754 8,142 8,549 8,976 9,425 5963 Senior Information Technology Specialist 720 6,028 6,329 6,645 6,977 7,326 C:\Users\ginad\Desktop\CTPF 4/27/2022
59 AGENDA ITEM NO. 9.

Unit 11CITY OF CLOVIS
TEBU - Monthly Salary Schedule - July 1, 2021
Revised 7/1/2021
2% Wage Increase
Code Position Grade Step 1 Step 2 Step 3 Step 4 Step 5
5201 Bus Driver 150 3,622 3,803 3,993 4,193 4,403
5661 Lead Bus Driver 190 4,273 4,487 4,711 4,947 5,194
5986 Transit Dispatcher 250 4,345 4,562 4,790 5,030 5,282 C:\Users\terriep\Desktop\Salary Matrix 7-1-21 5/24/2021 60 AGENDA ITEM NO. 9.

Unit 6CITY OF CLOVIS
MANAGEMENT (MSC) - Monthly Salary Schedule - July 1, 2021 2/16/2022
Code Position Grade Step 1 Step 2 Step 3 Step 4 Step 5
6010 Accounting Supervisor 220 7,875 8,269 8,682 9,116 9,572 6020 =Assistant City Manager 820 13,899 14,594 15,324 16,090 16,895 6100 Assist. Dir. Of Planning and Develop. 670 11,795 12,385 13,004 13,654 14,337 6050 Assistant Finance Director 640 11,455 12,028 12,629 13,260 13,923 6670 Assistant Public Utilities Director 670 11,795 12,385 13,004 13,654 14,337 6365 Battalion Chief 610 10,831 11,373 11,942 12,539 13,166 6150 Building Official 520 10,502 11,027 11,578 12,157 12,765 6220 Business Development Manager 280 8,674 9,108 9,563 10,041 10,543 6025 City Clerk 190 7,128 7,484 7,858 8,251 8,664
6120 City Engineer 640 11,455 12,028 12,629 13,260 13,923 6160 =City Manager 899 18,246 19,158 20,116 21,122 22,178 6780 City Planner 520 10,502 11,027 11,578 12,157 12,765 6180 Communications Supervisor 220 7,875 8,269 8,682 9,116 9,572 6270 =Community & Economic Develop. Director700 13,037 13,689 14,373 15,092 15,847 6225 Construction Manager 250 8,587 9,016 9,467 9,940 10,437 6228 Crime Analysis Supervisor 220 7,875 8,269 8,682 9,116 9,572 6145 Deputy Building Official/Plan Checker 385 9,075 9,529 10,005 10,505 11,030 6430 = Deputy City Manager 850 11,230 11,792 12,382 13,001 13,651 6230 Deputy City Planner 400 9,387 9,856 10,349 10,866 11,409 6240 Deputy Finance Director 580 10,958 11,506 12,081 12,685 13,319 6368 Deputy Fire Chief 680 11,840 12,432 13,054 13,707 14,392 6580 Deputy Police Chief 650 12,679 13,313 13,979 14,678 15,412 6540 =Director of Planning & Development Services700 13,037 13,689 14,373 15,092 15,847 6255 Engineering Program Supervisor 220 7,875 8,269 8,682 9,116 9,572 6251 Executive Assistant 100 5,581 5,860 6,153 6,461 6,784 6235 Facilities Maint & Purchasing Manager 385 9,075 9,529 10,005 10,505 11,030 6280 Facilities Maintenance Supervisor 220 7,875 8,269 8,682 9,116 9,572 6330 =Finance Director 700 13,037 13,689 14,373 15,092 15,847 6385 =Fire Chief 730 13,090 13,745 14,432 15,154 15,912 6395 Fleet Manager 250 8,587 9,016 9,467 9,940 10,437
6410 =General Services Director 700 13,037 13,689 14,373 15,092 15,847 6411 General Services Manager 460 10,129 10,635 11,167 11,725 12,311 6434 Deputy Director of Info Technology 460 10,129 10,635 11,167 11,725 12,311 6438 Information Technology Supervisor 230 8,752 9,190 9,650 10,133 10,640 6442 Landfill Supervisor 220 7,875 8,269 8,682 9,116 9,572 6420 Management Analyst 190 7,128 7,484 7,858 8,251 8,664 6445 Parks Manager 250 8,587 9,016 9,467 9,940 10,437
6470 Personnel/Risk Manager 550 10,536 11,063 11,616 12,197 12,807 6480 Personnel Technician 100 5,581 5,860 6,153 6,461 6,784 6520 Plan/Develop Administrative Manager 270 8,672 9,106 9,561 10,039 10,541 6570 Police Captain 670 11,795 12,385 13,004 13,654 14,337 6600 =Police Chief 820 13,899 14,594 15,324 16,090 16,895 6630 Police Lieutenant 625 11,090 11,645 12,227 12,838 13,480 6645 Police Services Manager 460 10,129 10,635 11,167 11,725 12,311 6650 Property & Evidence Supervisor 220 7,875 8,269 8,682 9,116 9,572 6672 Public Affairs & Information Manager 460 10,129 10,635 11,167 11,725 12,311 6675 Public Information Officer 195 7,344 7,711 8,097 8,502 8,927 6680 =Public Utilities Director 790 13,654 14,337 15,054 15,807 16,597 6720 Records Supervisor 220 7,875 8,269 8,682 9,116 9,572 6730 Recreation Coordinator 130 5,923 6,219 6,530 6,857 7,200 6743 Recreation Supervisor 220 7,875 8,269 8,682 9,116 9,572 6790 Senior Planner 280 8,674 9,108 9,563 10,041 10,543 6835 Solid Waste Manager 270 8,672 9,106 9,561 10,039 10,541 6825 Special Projects and Life Safety Mgr 420 10,172 10,681 11,215 11,776 12,365 Add Landfill Supervisor
\\clovis-201\City Pub\MATRIX\HRPY Current Matrices\HR MSC Matrices 4:01 PM 6/6/2022 61 AGENDA ITEM NO. 9.

Unit 6CITY OF CLOVIS
MANAGEMENT (MSC) - Monthly Salary Schedule - July 1, 2021 2/16/2022
Code Position Grade Step 1 Step 2 Step 3 Step 4 Step 5
Add Landfill Supervisor
6845 Street Maintenance Manager 250 8,587 9,016 9,467 9,940 10,437 6095 Supervising Civil Engineer 370 9,062 9,515 9,991 10,491 11,016 6850 Supervisor of Animal Services 220 7,875 8,269 8,682 9,116 9,572 6885 Transit Supervisor 220 7,875 8,269 8,682 9,116 9,572 6895 Utilities Manager 260 9,020 9,471 9,945 10,442 10,964 6950 Water Production Manager 260 9,020 9,471 9,945 10,442 10,964 * New Position / = Executive Management
\\clovis-201\City Pub\MATRIX\HRPY Current Matrices\HR MSC Matrices 4:01 PM 6/6/2022 62 AGENDA ITEM NO. 9.
tmp34D4

EXHIBIT C

Clovis Sewer Monthly Charges

Residential Rates 7/1/22
SFR per unit $22.77
MFR & Mobile Home per unit $17.69
Pretreatment per residential unit $0.06
Sewer Bond Charge per residential unit $7.30
Rebate (2021-22) per residential unit ($7.30)
School Rates
Elementary school per student $8.49
Middle school per student $12.50
High school per student $16.71
College per student $3.89
Pretreatment per school connection $3.95
Commercial Rates
Low per 1,000 gallons $2.95
Medium per 1,000 gallons $3.32
High (markets, convenience, mortuaries) $7.05
High (bakeries, ice cream, restaurant, hotels) $7.00
Industrial Rates
Low - per 1,000 gallons $2.946
High - per 1,000 gallons $2.368
High – per lb BOD $0.337
High - per lb SS $0.364
Minimum commercial or industrial flow charge per account $17.69 Pretreatment charge per commercial or industrial unit
Category I $27.54
Category II $4.05
Category III $1.29
Sewer Bond Charge per school, commercial or industrial
connection
$7.30
Rebate per school, commercial or industrial connection ($7.30)

63 AGENDA ITEM NO. 9.
$25.42
$24.15
$12.71
$4.43
$4.43
$6.50
$6.50
No. of
bins:

Once a
week
Twice a
week
Three times a
week
Four times a
week
Five times a
week
Six times a week
1 $71.60 $143.20 $214.80 $286.40 $358.00 $429.60
2 $143.20 $286.40 $429.60 $572.80 $716.00 $859.20
3 $214.80 $429.60 $644.40 $859.20 $1,074.00 $1,288.80
4 $286.40 $572.80 $859.20 $1,145.60 $1,432.00 $1,718.40 5 $358.00 $716.00 $1,074.00 $1,432.00 $1,790.00 $2,148.00 No. of
bins:

Once a
week
Twice a
week
Three times a
week
Four times a
week
Five times a
week
Six times a week
1 $125.37 $250.74 $376.11 $501.48 $626.85 $752.22
2 $250.74 $501.48 $752.22 $1,002.96 $1,253.70 $1,504.44 3 $376.11 $752.22 $1,128.33 $1,504.44 $1,880.55 $2,256.66 4 $501.48 $1,002.96 $1,504.44 $2,005.92 $2,507.40 $3,008.88 5 $626.85 $1,253.70 $1,880.55 $2,507.40 $3,134.25 $3,761.10 No. of
bins:

Once a
week
Twice a
week
Three times a
week
Four times a
week
Five times a
week
Six times a week
1 $186.05 $372.10 $558.15 $744.20 $930.25 $1,116.30
2 $372.10 $744.20 $1,116.30 $1,488.40 $1,860.50 $2,232.60 3 $558.15 $1,116.30 $1,674.45 $2,232.60 $2,790.75 $3,348.90 4 $744.20 $1,488.40 $2,232.60 $2,976.80 $3,721.00 $4,465.20 5 $930.25 $1,860.50 $2,790.75 $3,721.00 $4,651.25 $5,581.50 $36.44
$35.76
Commercial Refuse Rates:
1-yard commercial bin service:
2-yard commercial bin service:
3-yard commercial bin service:

Additional Service (extra bin):

Commercial Can Service:

Residential Recycling Rates:

Basic Service (96-gallon)
Additional Service (96-gallon)
Residential Curbside Organics Rates:

Basic Service (96-gallon)
Additional Service (96-gallon)
Exhibit D
Residential Curbside Refuse Rates:

Basic Service (96-gallon)
Basic Service (48-gallon)
Additional Service (96-gallon)
64 AGENDA ITEM NO. 9.

EXHIBIT E

Clovis Water Rates Bi-Monthly
7/1/2022 7/1/2022
Non-drought Drought
Residential
Dwelling Unit Charge $25.36 $25.36
Water Use
Tier 1 (0-23) ($/kgal) $1.04 $1.23
Tier 2 (23-40) ($/kgal) $1.73 $2.50
Tier 3 (40+) ($/kgal) $2.12 $3.17

Tarpey Unmetered (65kgal)-(63kgal) $127.25 $158.45
Tarpey Large Lot $6.11 $6.11
Tarpey Excess Use Charges ($/kgal) $2.12 $2.97

Commercial
1" or smaller $20.41 $20.41
1 1/2" $27.15 $27.15
2" $37.49 $37.49
3" $74.25 $74.25
4" $186.77 $186.77
6" $744.97 $744.97
8" $1,320.58 $1,320.58
10" $2,068.86 $2,068.86

Commercial Water Use
Tier 1 (0-23) ($/kgal) $1.04 $1.23
Tier 2 (23+) ($/kgal) $1.41 $1.67

Recycled Water
2" $37.49 $37.49
3" $74.25 $74.25
4" $186.77 $186.77
6" $744.97 $744.97
8" $1,320.58 $1,320.58
10" $2,068.86 $2,068.86

Recycled Water Use ($/kgal) $0.65 $0.68
Construction Water $127.25 $158.45
65 AGENDA ITEM NO. 9.

Clovis City CouncilJune 13, 2022

Clovis City Council
June 13, 2022