Agenda packet — Concord City Council, January 9, 2024 (part 3 of 4)

CITY OF CONCORD JUNE 30, 2023
NOTE 15 – LEASES (CONTINUED)
Leases Payable
A summary of the lease payable transactions for the fiscal year ended June 30, 2023, are as follows:

Balance Balance Current
June 30, 2022 Additions Retirements June 30, 2023 Portion Governmental Activities
Salvio Street Suite S 33,162$ -$ 30,604$ 2,558$ 2,558$ License Plate Readers 639,413 167,500 471,913 152,366 Business-Type Activities
Golf Course 8,478 - 8,478 - -
Total Leases Payable 41,640$ 639,413$ 206,582$ 474,471$ 154,924$ Salvio Street Suite S – The City entered into a five-year lease agreement as lessee for the use of office space that commenced in May 2018. An initial lease liability was recorded in the amount of $62,448. As of June 30, 2023, the value of the lease liability was $2,558. The City is required to make monthly principal and interest payments of $2,440. The lease bears th e City’s incremental borrowing rate of 0.5135%. The value of the right-to-use asset as of the end of the current fiscal year was $2,498 and had accumulated amortization of $59,950.

License Plate Reader – The City entered into a four-year lease ag reement as lessee for the use of license plate reader cameras that commenced in September 202 2. An initial lease liability was recorded in the

amount of $639,413 during the current fiscal year. As of June 30, 2023, the value of the lease liability was $471,913. The City is required to make annual prin cipal and interest payments of $167,500. The lease bears the City’s incremental borrowing rate of 3.2070%. The value of the right-to-use asset as of the end of the current fiscal year was $520,411 and had accumulated amortization of $119,002.

Golf Course Lease – The City entered into a thirty-four-year lease agreement with the federal government as lessee for the use of land for the golf course that commenced in January 1989. An initial lease liability was recorded in the amount of $25,435. As of June 30, 2023, the original lease agreement had expired and is now considered year to year, therefore the amount of the lease liability and the right-to-use asset is zero.

The future principal and interest lease payments as of June 30, 2023, were as follows:

Governmental Activities
For the Year
Ended June 30 Principal Interest Total
2024 154,924$ 15,135$ 170,059$
2025 157,252 10,248 167,500
2026 162,295 5,205 167,500
Total 474,471$ 30,588$ 505,059$
95

Page 128 of 233 ends

CITY OF CONCORD JUNE 30, 2023
NOTE 16 – SUBSCRIPTION-BASED IN FORMATION TECHNOLOGY ARRANGEMENTS (SBITAs)
A SBITA is a contract that conveys control of the right to use another party’s (a SBITA vendor’s) IT software, alone or in combination with tangible capital assets (the underlying IT assets), as specified in the contract for a period of time in an exchange or exchange-like transaction. The City recognizes subscription assets and liabilities with an initial, individual value of $100,000 or more, based on the up front or future subscription payments remaining at the start of the agreement.

At the commencement of a SBITA, the City initially measures the subscription liability at the present value of payments expected to be made during the contract term. Subsequently, the subscription liability is reduced by the principal portion of payments made. The subscription asset is initially measured as the initial amount of the subscription liability, adjusted for payments made at or before the SBITA commencement date, plus certain initial direct costs. Subsequently, th e subscription asset is amortized on a straight ‐line basis over shorter of the subscription term or the useful life of the underlying IT assets.

Key estimates and judgments related to SBITAs include how the City determines (1) the discount rate it uses to discount the expected subscription payments to present value, (2) subscription term, and (3) subscription payments as follows:
• The City uses the interest rate charged by the IT vendor as the discount rate. When the interest rate charged by the IT vendor is not provided, the City generally uses its estimated incremental borrowing rate as the discount rate for subscription liabilities. • The subscription term includes the noncancellable period of the subscription.

The City monitors changes in circumstances that would require a remeasurement of its subscription and will remeasure the subscription asset and liability if certain changes occur that are expected to significantly affect the amount of the subscription liability.

Subscription assets are reported with other capital assets and subscription liabilities are reported as long-term debt on the statement of net position.

A summary of governmental activities SBITA transactions for the fiscal year ended June 30, 2023, are as follows:

Balance
June 30, 2022 Balance Current
(As Restated) Additions Retirem ents June 30, 2023 Portion Governmental Activities
Computer Aided Dispatch 368,155$ - $ 184,375$ 183,780 $ 183,780 $ VLA Enterprise 377,034 189,685 187,349 187,349 Peregrine Software - 1,026,878 269,000 757,878 244,695 Total Leases Payable 745,189$ 1,026,878$ 643,060$ 1,129,007$ 615,824$ 96

Page 129 of 233 ends

CITY OF CONCORD JUNE 30, 2023
NOTE 16 – SUBSCRIPTION-BASED IN FORMATION TECHNOLOGY ARRANGEMENTS (SBITAs) (CONTINUED)
In December 2019, the City entered into a five‐year SBITA for the use of computer aided dispatch software.

An initial subscription liability was recorded in the amount of $368,155 during the current fiscal year. As of June 30, 2023, the balance of the subscription liability was $183,780. The City is required to make annual principal and interest payments of $187,500. The software has a five‐year estimated useful life. The value of the right‐to‐use asset as of the end of the current fiscal year was $215,990 and had accumulated amortization of $152,165.

In September 2021, the City entered into a three‐year SBITA for the use of the Microsoft Office 365 software.

An initial subscription liability was recorded in the amount of $377,034 during the current fiscal year. As of June 30, 2023, the balance of the subscription liability was $187,349. The City is required to make an annual principal and interest payments from $193,415. The software has a five‐year estimated useful life. The value of the right‐to‐use asset as of the end of the current fiscal year was $209,463 and had accumulated amortization of $167,571.

On November 1, 2022, the City ente red into a four-year SBITA for the use of electronic court case filing software. An initial subscription liability was recorded in the amount of $1,026,878 during the current fiscal year. As of June 30, 2023, the balance of the subscription liability was $757,878. The City is required to make annual principal and interest payments of $269,000. The software has a five‐year estimated useful life.

The value of the right‐to‐use asset as of the end of the current fiscal year was $855,732 and had accumulated amortization of $171,146.

On November 1, 2022, the City entered into a four-year SBITA for the us e of data storage software. The subscription liability was paid in full at the beginning of the agreement, therefore no subscription liability has been recorded. The software has a five‐year estimated useful life. The value of the right‐to‐use asset as of the end of the current fiscal year was $103,503 and had accumulated amortization of $33,486.

The future principal and interest subscription liability payments as of June 30, 2023, were as follows:

Governmental Activities
For the Year
Ended June 30 Principal Interest Total
2024 615,824$ 33,091$ 648,915$
2025 252,542 16,458 269,000
2026 260,641 8,359 269,000
Total 1,129,007$ 57,908$ 1,186,915$
97

Page 130 of 233 ends

CITY OF CONCORD JUNE 30, 2023
NOTE 17 – RISK MANAGEMENT AND INSURANCE
Insurance Risk Pool
In July 2003, the City joined th e California State Association of Counties - Excess Insurance Authority (CSAC- EIA), a joint powers authority. During fis cal year 2019-2020, CSAC-EIA began operating under the name Public Risk Innovation, Solutions, and Management (PRISM). PRISM provides coverage against the following types of loss risks, including commer cial insurance coverage, under the terms of a joint- powers agreement with the City and several other cities and governmental agencies as follows:

Type of Coverage (Deductible) Coverage Limits
General Liability ($500,000) 25,000,000 $
Optional Excess Liability ($25,000,000) 25,000,000 $
Workers' Compensation ($500,000) Statutory
All Risk Property 600,000,000 $
($10,000 per occurrence)
Property Flood Risk 225,000,000 $
($100,000 per occurrence)
Earthquake (5 percent with a $100,000 minimum) 465,000,000 $ PRISM was established for the purpose of creating a risk management pool for all California public entities.

PRISM is governed by a Board of Directors consisting of representatives of its member public entities.

The City's deposits with PRISM are in accordance with formulas established by PRISM. Actual surpluses or losses are shared according to a formula developed fr om overall loss costs and spread to member entities
on a percentage basis after a retrospective rating.

Audited financial statements for PRISM are availa ble from PRISM at 75 Iron Point Circle, Folsom, California 95630.

The City is self-insured for auto physical damage claims.

For the years ended June 30, 2023, 2022 and 2021, the amount of settlements did not exceed insurance coverage.

Uninsured Claims Payable
The City provides for the uninsure d portion of claims and judgments in its Risk Management (general liability and auto physical dama ge) and Workers' Compensation Inte rnal Service Funds. Claims and judgments, including a provision for claims incurred but not reported, are recorded when a loss is deemed probable of assertion and the amount of the loss is reasonably determinable. 98

Page 131 of 233 ends

CITY OF CONCORD JUNE 30, 2023
NOTE 17 – RISK MANAGEMENT AND INSURANCE (CONTINUED)
The City's liability for uninsured claims is limited to worker's compen sation, general liability and auto physical damage claims, as discussed above, which are reported at their present value using expected future investment yield assumptions ranging from 3 percent. In addition, the gene ral liability claims are based on an 80 percent confidence level. The undiscounted wo rker's compensation claims totaled $15,917,271 and undiscounted general liability claims totaled $3,232,081 at June 30, 2023.

The change in the claims liabilities, including clai ms incurred but not reported are based on independent actuarial studies and were computed and recorded on a discounted basis as follows for the years ended June 30, 2022 and June 30, 2023:

Workers Risk
Compensation Management/
Internal Service Liability Internal Total Total
Fund Service Fund 2023 2022
Beginning balance 13,927,720$ 3,319,219$ 17,246,939$ 17,712,405$ Liability for current fiscal year claims 3,248,000 978,000 4,226,000 4,216,000 Change in liability for prior fiscal year claims and
claims incurred but not reported (IBNR) (2,089,087) 7,765,728 5,676,641 (2,450,160) Claims paid (1,259,613) (8,846,950) (10,106,563) (2,231,306) Ending balance 13,827,020$ 3,215,997$ 17,043,017$ 17,246,939$ Current portion 2,360,742$ 1,401,738$ 3,762,480$ 3,870,364$ Health Care
The City provides its employees with a choice of five different medical insurance plans through CalPERS.

The City pays the premium up to $2 ,073 per month per employee. The Ci ty also provides its employees with Dental Insurance, paying premiums up to $228 per month per employee. The City also provides long- term disability and life insurance to its employees.

NOTE 18 – COMMITMENTS AND CONTINGENCIES
The City is subject to litigation arisin
g in the normal course of business. In the opinion of the City Attorney there is no additional pending litigation, which is likely to have material adverse effect on the financial position of the City.

The City participates in several Federal and State grant programs. Th ese programs have been audited through the fiscal year ended June 30, 2023. No cost disallowances were proposed as a result of these audits; however, these programs are still subject to further examination by the grantors and the amount, if any, of expenditures which may be disallowed by the granting agencies cannot be determined at this time. The City expects such amounts, if any, to be immaterial.

Encumbrances
The City uses an encumbrance system as an extens ion of normal budgetary accounting for governmental funds. Under this system, purchase orders, contracts, and other commitments for the expenditure of monies are recorded in order to reserve that portion of a pplicable appropriations. Encumbrances outstanding at year-end are recorded as restricted, committed or assigned fund balance, depending on the classification of the resources to be used to liquidate the encumbrance, since they do not constitute expenditures or liabilities.

Outstanding encumbrances at year-end are automa tically reappropriated for the following year.

Unencumbered and unexpended appropriations lapse at year-end. 99

Page 132 of 233 ends

CITY OF CONCORD JUNE 30, 2023
NOTE 18 – COMMITMENTS AND CONTINGENCIES (CONTINUED)
Encumbrances outstanding as of June 30, 2023, were as listed below:

Amount
Major Governmental Funds
General Fund 1,498,375 $
Concord Housing Special Revenue Fund 34,244
ARPA Special Revenue Fund 4,435,886
General Projects Capital Projects Fund 6,824,502
2021 COPS Projects Capital Projects Fund 15,501,812
Total Major Governmental Funds 28,294,819
Non-Major Governmental Funds:

State Gas Tax Special Revenue Fund 1,272,306
Maintenance District Special Revenue Fund 143,508
Housing and Community Services Special Revenue Fund 878,835 Storm Water Management Special Revenue Fund 74,490
Asset Forfeiture Special Revenue Fund 60,535
Public Education and Government Special Revenue Fund 312,397 General Plan Reimbursement Special Revenue Fund 252,010 Special Developers Capital Projects Fund 639,857
Inter-Governmental Capital Projects Fund 1,993,848
Measure V Capital Improvements Capital Projects Fund 6,047,702 Total Non-Major Governmental Funds 11,675,488
Total Encumbrances Outstanding 39,970,307$
NOTE 19 – REDEVELOPMENT SUCCESSOR AGENCY ACTIVITIES
Redevelopment Dissolution
In an effort to balance its budget, the State of California adopted ABx1 26 on June 28, 2011, amended by AB1484 on June 27, 2012, which suspended all new re development activities except for limited specified activities as of that date and dissolved redevelopment agencies on January 31, 2012.

The suspension provisions prohibited all redevelopment agencies from a wide range of activities, including incurring new indebtedness or obligati ons, entering into or modifying agreements or contracts, acquiring or disposing of real property, taking actions to adopt or amend redevelopment plans and other similar

actions, except actions required by law or to carry out existing enforceable obligations, as defined in ABx1

26. ABx1 26 and AB1484 created the regulatory authorit y, the Successor Agency Oversight Board, under the direction of the State Controller and Department of Finance (DOF), to review former Agency's asset transfer, obligation payments a nd wind down activities. ABx1 26 specifically directs the State Controller to review the activities of all redevelopment agencies to determine whether an asset transfer between an agency and any public agency occurred on or after January 1, 2011. If an asset transfer did occur and the public agency that received the asset is not contra ctually committed to a third party for the expenditure or encumbrance of the asset, the legislation purports to require the State Controller to order the asset returned to the Redevelopment Agency or, on or after February 1, 2012, to the Successor Agency. 100

Page 133 of 233 ends

CITY OF CONCORD JUNE 30, 2023
NOTE 19 – REDEVELOPMENT SUCCESSOR AGENCY ACTIVITIES (CONTINUED) Effective January 31, 2012, the Redevelopment Agency was dissolved. Certain assets of the Redevelopment Agency Low and Moderate Income Housing Fund we re distributed to a Housing Successor; and all remaining Redevelopment Agency assets and liabilities were distributed to a Successor Agency.

Under the provisions of AB 1484, the City elected to become the Housing Successor and retain the housing assets. On February 1, 2012, certain housing assets were transferred to the City's Concord Housing Fund, a special revenue fund.

The activities of the Housing Successor are reported in the Concord Housing Special Revenue Fund as the City has control of those assets, which may be used in accordance with the low and moderate income housing provisions of California Redevelopment Law.

The City also elected to become the Successor Ag ency and on February 1, 2012 the Redevelopment Agency's remaining assets were distributed to and liabilities were assumed by the Successor Agency. ABx1 26 requires the establishment of an Oversight Board to oversee the activities of the Successor Agency and one was established in April 2012 . The activities of the Successor Ag ency are subject to review and approval of the Oversight Board, which was comprise d of seven members, including one City employee appointed by the Mayor. Effective July 1, 2018, a new Countywide Oversight Board was established pursuant to the dissolution law.

The activities of the Successor Agen cy are reported in the Successor Agency Private-Purpose Trust Fund as the activities are under the control of the Oversight Board. The City provides administrative services to the Successor Agency to wind down the affairs of the former Redevelopment Agency.

The following notes provide more information regarding assets and liabilities of the Successor Agency.

Loan Receivable
The Successor Agency assumed the non-housing loans receivable of the former Redevelopment Agency as of February 1, 2012. The former Redevelopment Agency engaged in programs designed to encourage construction of, or improvement to, low-to-moderate income housing. Under these programs, grants or loans were provided under favorable terms to homeowners or developers who agreed to expend these funds in accordance with the former Agen cy's terms. The balances of the lo an receivable arising from the non- housing programs at June 30, 2023 are set forth below:

Concord Residential Club
Low and no interest loans were made by the former Redevelopment Agency to provide businesses assistance for rehabilitating buildings in the downtown area and to businesses or individuals for the rehabilitation of housing within the City of Concord owned and/or occupied by persons of low and moderate income. As of June 30, 2023, the loan balance was $230,003 and accrued interest on the loan totaled $451,950.

Pooled Investments
As of June 30, 2023, the Successor Agency held assets within the City investment pool totaling $1,631,780.

Cash with Fiscal Agents
As of June 30, 2023, the Successor Agency held assets with fiscal agents totaling $4,445. 101

Page 134 of 233 ends

CITY OF CONCORD JUNE 30, 2023
NOTE 19 – REDEVELOPMENT SUCCESSOR AGENCY ACTIVITIES (CONTINUED) Long-Term Debt
The Successor Agency assumed the long-term debt of the former Redevelopment Agency as of February 2012.

The Successor Agency's debt issu es and transactions are summari zed below and discussed in detail thereafter.

Current Year Transactions and Balances
Balance as of Balance as of Current
June 30, 2022 Retirements June 30, 2023 Portion
2014 Tax Allocation Refunding Bonds

4.0-5.00%, due 03/01/2025 7,745,000$ 2,825,000$ 4,920,000$ 2,400,000$ Plus premium on refunding bonds 1,483,084 494,361 988,723 - Total Tax Allocation Bonds 9,228,084$ 3,319,361$ 5,908,723$ 2,400,000$ Debt Service Requirements
Annual debt service requirements are shown below:

For the Year Ending
June 30: Principal Interest
2024 2,400,000$ 246,000$
2025 2,520,000 126,000
Total Requirements 4,920,000 372,000
Plus Unamortized Bond Premium 988,723 -
Total 5,908,723$ 372,000$
Bonds
Tax Allocation Bonds (TABs) Outstanding
On August 27, 2014 the California Department of Fi nance approved for the Successor Agency to issue $37,550,000 of Series 2014 Tax Allocation Refunding Bonds to defease and retire the 2004 Tax Allocation Bonds and retire the Concord Joint Powers Financ ing Authority Lease Revenue Bonds secured by a reimbursement agreement between the Successor Agen cy and the City of Concord for pledged tax increment revenues from the Central Concord Redevelopment Project. On October 1, 2014, the Series 2014 bonds were issued and the 2004 Bonds and Lease Reve nue bonds were fully red eemed on November 3, 2014.
102

Page 135 of 233 ends

CITY OF CONCORD JUNE 30, 2023
NOTE 19 – REDEVELOPMENT SUCCESSOR AGENCY ACTIVITIES (CONTINUED) The 2014 TABs are payable annually on March 1. The 2014 TABs are special obligations of the Agency and are secured by the Agency's tax increment revenues. With the dissolution of the Redevelopment Agency discussed above, Tax Increment is no longer distri buted, and instead the Successor Agency receives payments from the County's Redevelopment Property Tax Trust Fund (RPTTF) that are to be used to fund debt service on the Bonds, with no distinction between housing and no n-housing revenues. In addition, under the provisions of the laws dissolving the Redevelopment Agency, the Successor Agency only receives the funds necessary to fulfill its approved obligations. The TABs are 100 percent secured by a surety bond issued by AMBAC Assurance as of June 30, 2023.

The pledge of future tax increment revenues ends upon repayment of the $5,292,000 (principal and interest) in remaining debt service on the Agency's Tax Allocation Bonds which is scheduled to occur in 2025. For fiscal year 2023 RPTTF amounted to $4,204,647 which represented coverage of 1.25 over the $3,212,250 in debt service. With the dissolution of the Re development Agency discus sed above, Tax Increment is no longer distributed, and instead the Successor Agency receives payments from the County's Redevelopment Property Tax Trust Fund (RPTTF) that are to be used to fund repayment under the reimbursement agreement. In additi on, under the provisions of the la ws dissolving the Redevelopment Agency, the Successor Agency only receives the funds necessary to fulfill its approved obligations. The outstanding balance on the bonds as of June 30, 2023 was $4,920,000, with interest rates ranging from 4 to 5 percent.

Commitments and Contingencies
State Approval of Enforceable Obligations
The Successor Agency prepares a Recognized Obligation Payment Schedule (ROPS) annually that contains all proposed expenditures for the subsequent twelve-month period. The ROPS is subject to the review and approval of the Oversight Board as well as the State Department of Finance. Although the State Department of Finance may not question items included on the ROPS in one period, they may question the same items in a future period and disallow associated activities. The amount, if any, of current obligations that may be denied by the State Department of Finance cannot be determined at this time . The City expects such amounts, if any, to be immaterial.
103

Page 136 of 233 ends

This Page Left Intentionally Blank

Page 137 of 233 ends

CITY OF CONCORD JUNE 30, 2023

REQUIRED SUPPLEMENTARY INFORMATION

Page 138 of 233 ends

CITY OF CONCORD JUNE 30, 2023

REQUIRED SUPPLEMENTARY INFORMATION

SCHEDULE OF CHANGES IN THE NET PENSION LIABILITY AND RELATED RATIOS CalPERS Miscellaneous Plan – Agent Multiple-Employer Defined Benefit Pension Plan Last 10 Years*
Measurement Date 6/30/2014 6/30/2015 6/30/2016 6/30/2017 T otal Pension Liability
Service Cost 2,890,989$ 3,018,180$ 2,997,825$ 3,355,005$ Interest 13,096,282 13,671,707 14,191,823 14,505,723 Differences between expected and actual experience - 738,338 22,946 (1,288,985) Changes of assumptions - (3,200,990) - 11,460,291
Changes in benefits - - - -
Benefit payments, including refunds
of employee contributions (9,206,786) (9,773,556) (10,033,970) (10,318,668) Net change in total pension liability 6,780,485 4,453,679 7,178,624 17,713,366 T otal pension liability - beginning 177,774,980 184,555,465 189,009,144 196,187,768 T otal pension liability - ending (a) 184,555,465$ 189,009,144$ 196,187,768$ 213,901,134$ Plan fiduciary net position
Contributions - employer 4,399,819$ 4,836,917$ 5,333,899$ 6,081,150$ Contributions - employee 1,342,831 1,338,554 1,349,589 1,502,951 Net investment income 19,760,541 2,942,666 659,376 14,191,716 Benefit payments, including refunds
of employee contributions (9,206,786) (9,773,556) (10,033,970) (10,318,668) Plan to plan resource movement - (53,698) (1,397) -
Administrative expense - (147,283) (79,697) (188,978)
Other miscellaneous income/(expense) - - -
-
Ne
t change in plan fiduciary net position 16,296, 405 (856,400) (2,772,200) 11,268,171 Plan fiduciary net position - beginning 115,328,525 131,624,930 130,768,530 127,996,330 Plan fiduciary net position - ending (b) 131,624,930$ 130,768,530$ 127,996,330$ 139,264,501$ Net pension liability - ending (a)-(b) 52,930,535$ 58,240,614$ 68,191,438$ 74,636,633$ Plan fiduciary net position as a percentage of the
total pension liability 71.32% 69.19% 65.24% 65.11%
Covered payroll 16,255,025$ 17,128,929$ 17,838,673$ 19,770,939$ Net pension liability as percentage of covered payroll 325.63% 340.01% 382.27% 377.51% Notes to Schedule:
* Fiscal year 2015 was the 1st year of implementation, therefore only nine years are shown.

Changes in assumptions. In 2017, the accounting discount rate reduced from 7.65 percent to 7.15 percent. In 2016, 2018, 2019, 2020 and 2021, there were no changes. In 2022, the accounting discount rate reduced from 7.15 percent to 6.90 percent. In 2015, amounts reported reflect an adjustment of the discount rate from 7.5 percent (net of administrative expense) to 7.65 percent (without a reduction for pension plan administrative expense.) In 2014, amounts reported were based on the

7.5 percent discount rate.

Benefit changes. The figures above do not include any liability impact that may have resulted from plan changes which occurred after the June 30 valuation date. This applies for voluntary benefit changes as well as any offers of Two Years Additional Service Credit (a.k.a. Golden Handshakes).
106

Page 139 of 233 ends

CITY OF CONCORD JUNE 30, 2023
6/30/2018 6/30/2019 6/30/2020 6/30/2021 6/30/2022
3,868,011$ 3,885,056$ 3,795,519$ 3,622,004$ 3,920,979$ 15,288,854 16,115,663 16,701,703 17,290,324 17,666,259 5,255,833 3,945,856 614,997 1,101,738 (236,952) (1,752,822) - - - 7,603,037 - - - -
(11,016,016) (12,078,986) (12,670,194) (13,889,259) (14,546,526) 11,643,860 11,867,589 8,442,025 8,124,807 14,406,797 213,901,134 225,544,994 237,412,583 245,854,608 253,979,415 225,544,994$ 237,412,583$ 245,854,608$ 253,979,415$ 268,386,212$ 6,548,823$ 7,398,652$ 8,260,289$ 8,772,403$ 9,609,261$ 1,632,544 1,657,850 1,648,254 1,500,139 1,544,698 11,752,209 9,660,803 7,673,817 36,110,112 (14,581,709) (11,016,016) (12,078,986) (12,670,194) (13,889,259) (14,546,526) (342) - - - -
(217,012) (105,297) (217,223) (158,612) (119,054)
(412,110) 34 2 - - -
8,288,096 6,533,364 4,694,943 32,334,783 (18,093,330) 139,264,501 147,552,597 154,085,961 158,780,904 191,115,687 147,552,597$ 154,085,961$ 158,780,904$ 191,115,687$ 173,022,357$ 77,992,397$ 83,326,622$ 87,073,704$ 62,863,728$ 95,363,855$

65.42% 64.90% 64.58% 75.25% 64.47%
21,505,077$ 21,773,599$ 21,334,818$ 21,553,654$ 21,756,850$ 362.67% 382.70% 408.13% 291.66% 438.32%
107

Page 140 of 233 ends

CITY OF CONCORD JUNE 30, 2023

REQUIRED SUPPLEMENTARY INFORMATION

SCHEDULE OF CHANGES IN THE NET PENSION LIABILITY AND RELATED RATIOS CalPERS Safety Plan – Agent Multiple-Employer Defined Benefit Pension Plan Last 10 Years*
Measurement Date 6/30/2014 6/30/2015 6/30/2016 6/30/2017 6/30/2018 T otal Pension Liability
Service Cost 4,891,960$ 4,792,943$ 4,928,814$ 5,509,705$ 5,876,593$ Interest 14,566,113 15,446,471 16,367,363 17,045,112 18,416,291 Differences between expected and actual experience - 158,327 659,410 (2,108,933) 8,302,892 Changes of assumptions - - - 14,930,559 (924,463) Changes in benefits - (4,010,136) - - -
Benefit payments, including refunds
of employee contributions (7,354,430) (8,359,469) (9,498,430) (10,436,636) (11,442,104) Net change in total pension liability 12,103,643 8,028,136 12,457,157 24,939,807 20,229,209 Total pension liability - beginning 195,446,083 207,549,726 215,577,862 228,035,019 252,974,826 Total pension liability - ending (a) 207,549,726$ 215,577,862$ 228,035,019$ 252,974,826$ 273,204,035$ Plan fiduciary net position
Contributions - employer 5,732,219$ 5,993,768$ 6,411,727$ 7,481,823$ 8,023,738$ Contributions - employee 1,679,332 1,620,500 1,655,293 1,756,319 1,905,328 Net inv estment income 21,758,280 3,290,091 766,604 16,371,961 13,638,015 Benefit payments, including refunds
of employee contributions (7,354,430) (8,359,469) (9,498,430) (10,436,636) (11,442,104) Plan to Plan Resource Movement - (73,112) 1,397 - (404) Administrative Expense - (167,255) (90,535) (218,214) (253,615) Other miscellaneous income/(expense) - - - - (481,619) Net
change in plan fiduciary net position 21,815,401 2,304,523 (753,944) 14,955,253 11,389,339 Plan fiduciary net position - beginning 124,432,457 146,247,858 148,552,381 147,798,437 162,753,690 Plan fiduciary net position - ending (b) 146,247,858$ 148,552,381$ 147,798,437$ 162,753,690$ 174,143,029$ Net pension liability - ending (a)-(b) 61,301,868$ 67,025,481$ 80,236,582$ 90,221,136$ 99,061,006$ Plan fiduciary net position as a percentage of the
total pension liability 70.46% 68.91% 64.81% 64.34% 63.74% Cov ered payroll 17,162,893$ 17,550,805$ 17,858,904$ 18,960,776$ 19,289,474$ Net pension liability as percentage of covered payroll 357.18% 381.89% 449.28% 475.83% 513.55% Notes to Schedule:
* Fiscal year 2015 was the 1st year of implementation, therefore only nine years are shown.

Source: CalPERS Accounting Valuation
Benefit changes. The figures above do not include any liability impact that may have resulted from plan changes which occurred after the June 30, 2016 valuation date. This applies for v oluntary benefit changes as well as any offers of Two Years Additional Service Credit (a.k.a. Golden Handshakes).

Changes in assumptions. In 2017, the accounting discount rate reduced from 7.65 percent to 7.15 percent. In 2016, 2018, 2019, 2020 and 2021, there were no changes. In 2022, the accounting discount rate reduced from 7.15% to 6.90%. In 2015, amounts reported reflect an adjustment of the discount rate from 7.5 percent (net of administrative expense) to 7.65 percent (without a reduction for pension plan administrative expense.) In 2014, amounts reported were based on the 7.5 percent discount rate. All other assumptions for the June 30, 2014 measurement date were the same as those used for the June 30, 2015 and 2016 measurement dates.
108

Page 141 of 233 ends

CITY OF CONCORD JUNE 30, 2023
6/30/2019 6/30/2020 6/30/2021 6/30/2022
5,836,758$ 5,819,371$ 5,612,270$ 5,941,359$ 19,693,768 20,716,215 21,805,269 22,916,800 5,676,340 2,037,227 3,425,534 1,849,987 - - - 13,632,640
- - -
(12,722,874) (13,795,343) (15,456,752) (16,355,171) 18,483,992 14,777,470 15,386,321 27,985,615 273,204,035 291,688,027 306,465,497 321,851,818 291,688,027$ 306,465,497$ 321,851,818$ 349,837,433$ 9,097,712$ 10,238,493$ 10,898,120$ 11,756,116$ 1,908,372 1,923,865 2,132,642 2,182,048 11,417,116 9,090,255 43,477,672 (17,646,310) (12,722,874) (13,795,343) (15,456,752) (16,355,171) - - - -
(124,272) (258,999) (190,715) (144,384) 404 - - -
9,576,458 7,198,271 40,860,967 (20,207,701) 174,143,029 183,719,487 190,917,758 231,778, 725 183,719,487$ 190,917,758$ 231,778,725$ 211,571,024$ 107,968,540$ 115,547,739$ 90,073,093$ 138,266,409$

62.98% 62.30% 62.30% 60.48%
19,522,648$ 19,395,698$ 20,035,014$ 19,592,781$ 553.04% 574.23% 574.23% 705.70%
109

Page 142 of 233 ends

CITY OF CONCORD JUNE 30, 2023

REQUIRED SUPPLEMENTARY INFORMATION

SCHEDULE OF CHANGES IN THE NET PENSION LIABILITY AND RELATED RATIOS City of Concord Retirement System – Single Employer Defined Benefit Pension Plan Last 10 Years
Measurement Date 6/30/2014 6/30/2015 6/30/2016 6/30/2017 6/30/2018 6/30/2019 T otal Pension Liability
Interest 3,879,000$ 3,769,962$ 3,970,093$ 3,539,085$ 3,426,180$ 3,304,303$ Differences between expected and actual experience - - - (1,612,351) - 586,695 Changes in assumptions - 3,337,481 - 1,006,364 - 64,501 Differences between projected and actual earnings
on plan inv estments - 1,483,884 - - - - Changes in benefits - - - - - - Be
nefit payments, including refunds
of employee contributions (5,516,000) (5,525,159) (5,499,628) (5,415,808) (5,425,844) (5,489,099) Net change in total pension liability (1,637,000) 3,066,168 (1,529,535) (2,482,710) (1,999,664) (1,533,600) Total pension liability - beginning 62,399,000 60,762,000 63,828,168 62,298,633 59,815,923 57,816,259 Total pension liability - ending (a) 60,762,000$ 63,828,168$ 62,298,633$ 59,815,923$ 57,816,259$ 56,282,659$ Plan fiduciary net position
Contributions - employer 1,971,829$ 2,035,017$ 2,041,611$ 2,845,258$ 5,885,064$ 2,822,000$ Contributions - employee - - - - - - Ne
t investment income 3,423,144 775,186 630,598 2,370,458 1,496,946 2,081,149 Benefit payments, including refunds
of employee contributions (5,516,398) (5,525,159) (5,499,628) (5,415,808) (5,425,844) (5,489,099) Administrative Expense (193,523) (208,204) (175,715) (160,582) (165,543) (179,003) Net change in plan fiduciary net position (314,948) (2,923,160) (3,003,134) (360,674) 1,790,623 (764,953) Plan fiduciary net position - beginning 37,640,518 37,325,570 34,402,410 31,399,276 31,038,602 32,829,225 Plan fiduciary net position - ending (b) 37,325,570$ 34,402,410$ 31,399,276$ 31,038,602$ 32,829,225$ 32,064,272$ Net pension liability - ending (a)-(b) 23,436,430$ 29,425,758$ 30,899,357$ 28,777,321$ 24,987,034$ 24,218,387$ Plan fiduciary net position as a percentage of the
total pension liability 61.43% 53.90% 50.40% 51.89% 56.78% 56.97% Cov ered payroll (1) (1) (1) (1) (1) (1)
Net pension liability as percentage of covered payroll N/A N/A N/A N/A N/A N/A (1) The Plan was closed in 1999 and there are no active participants, therefore there is no covered payroll.

Source: CalPERS Accounting Valuation
Schedule of Investment Returns
6/30/2014 6/30/2015 6/30/2016 6/30/2017 6/30/2018 6/30/2019 Annual money rated rate of return,
net of investment expense 11.37% 2.52% 2.49% 8.86% 5.26% 7.13% 110

Page 143 of 233 ends

CITY OF CONCORD JUNE 30, 2023
6/30/2020 6/30/2021 6/30/2022 6/30/2023
3,211,973$ 3,081,001$ 2,761,278$ 2,622,775$ - (131,677) 2,842,846
- 1,188,841 85,831
- - - -
- - - -
(5,499,565) (5,290,086) (5,276,196) (5,282,819) (2,287,592) (1,151,921) (2,514,918) 268,633 56,282,659 53,995,067 52,843,146 50,328,228 53,995,067$ 52,843,146$ 50,328,228$ 50,596,861$ 2,715,000$ 2,715,000$ 5,087,000$ 6,606,208$ - - - -
1,409,436 5,099,067 (3,358,405) 1,646,779 (5,499,565) (5,290,086) (5,276,196) (5,282,819) (176,807) (143,729) (173,931) (159,255) (1,551,936) 2,380,252 (3,721,532) 2,810,913 32,064,272 30,512,336 32,892,588 29,171,056 30,512,336$ 32,892,588$ 29,171,056$ 31,981,969$ 23,482,731$ 19,950,558$ 21,157,172$ 18 ,614,892$

56.51% 62.25% 57.96% 63.21%
(1) (1) (1) (1)

N/A N/A N/A N/A
6/30/2020 6/30/2021 6/30/2022 6/30/2022

4.25% 17.77% (11.56%) 6.01%
111

Page 144 of 233 ends

CITY OF CONCORD JUNE 30, 2023

SUPPLEMENTARY INFORMATION

SCHEDULE OF CHANGES IN THE NET OPEB LIABILITY AND RELATED RATIOS Other Post Employment Benefit Plan - Agent Multiple Employer Last 10 Fiscal Years*
Measurement Date 6/30/17 6/30/18 6/30/19 6/30/20 6/30/21 6/30/22 T otal OPEB Liability
Service cost 1,560,983$ 1,607,812$ 1,469,949$ 1,514,047$ 1,290,415$ 1,466,017$ Interest 4,213,727 4,282,178 4,338,953 4,404,719 4,034,998 3,900,949 Changes of assumptions - (763,100) - (524,260) 3,013,764 (36,145) Differences between expected and actual experience - 619,351 - (773,805) - (3,578,714) Benefit payments, including refunds
of employee contributions (4,887,795) (4,727,102) (4,807,448) (4,949,938) (5,234,420) (5,229,919) Net change in total OPEB liability 886,915 1,019,139 1,001,454 (329,237) 3,104,757 (3,477,812) T otal OPEB liability - beginning 63,308,501 64,195,416 65,214,555 66,216,009 65,886,772 68,991,529 T otal OPEB liability - ending (a) 64,195,416$ 65,214,555$ 66,216,009$ 65,886,772$ 68,991,529$ 65,513,717$ Plan fiduciary net position
Plan to plan resource movement -$ -$ -$ -$ -$ - $
Contributions - employer 4,146,795 4,540,452 4,988,337 5,075,158 5,316,392 4,637,072 Contributions - employee - - - - - - Net investment income 2,669,004 2,157,582 1,859,144 1,195,733 9,306,204 (5,571,232) Differences between projected and actual
earnings on plan investments - - - - - - Ad
ministrativ e expenses (13,562) (50,236) (54,242) (55,919) (67,742) (52,817) Benefit payments, including refunds
of employee contributions (4,887,795) (4,727,102) (4,807,448) (4,949,938) (5,234,420) (5,229,919) Net Change in Fiduciary Net Position 1,914,442 1,920,696 1,985,791 1,265,034 9,320,434 (6,216,896) Plan fiduciary net position - beginning 24,739,632 26,654,074 28,574,770 30,560,561 31,825,595 41,146,029 Plan fiduciary net position - ending (b) 26,654,074$ 28,574,770$ 30,560,561$ 31,825,595$ 41,146,029$ 34,929,133$ Net OPEB liability - ending (a)-(b) 37,541,342$ 36,639,785$ 35,655,448$ 34,061,177$ 27,845,500$ 30,584,584$ Plan fiduciary net position as a percentage of the
total OPEB liability 41.52% 43.82% 46.15% 48.30% 59.64% 53.32% Covered-employee payroll 38,731,716$ 40,794,552$ 41,296,247$ 40,730,516$ 41,588,668$ 40,261,538$ Net OPEB liabilit y as a percentage of covered-emp 96.93% 89.82% 86.34% 83.63% 66.95% 75.96% Fiscal Year June 30, 2018 June 30, 2019 June 30, 2020 June 30, 2021 June 30, 2022 June 30, 2023 Notes to schedule
* Fiscal year 2018 was the first year of implementation, therefore, only six years are shown. 112

Page 145 of 233 ends

CITY OF CONCORD JUNE 30, 2023

REQUIRED SUPPLEMENTARY INFORMATION

SCHEDULE OF CONTRIBUTIONS
CalPERS Miscellaneous Plan – Agent Multiple-Employer Defined Benefit Pension Plan Last 10 Years*
Fiscal Year Ended June 30 2015 2016 2017 2018 2019 2020 2021 2022 2023 Actuarially determined contribution 4,836,917$ 5,333,899$ 6,081,150$ 6,546,333$ 7,355,334$ 8,266,205$ 8,886,832$ 9,770,934$ 9,605,409$ Contributions in relation to the actuarially determined contributions 4,836,917 5,333,899 6,087,756 6,546,333 7,355,334 8,266,205 8,886,832 9,770,934 9,605,409 Contribution deficiency (excess) -$ -$ (6,606)$ -$ -$ -$ -$ -$ -$ Covered payroll 17,128,929$ 17,838,673$ 19,770,939$ 21,505,077$ 21,773,599$ 21,334,818$ 21,553,654$ 21,756,850$ 24,101,342$ Contributions as a percentage of covered payroll 28.24% 29.90% 30.79% 30.44% 33.78% 38.75% 41.23% 44.91% 39.85% Notes to Schedule
Valuation date: 6/30/2012 6/30/2013 6/30/2014 6/30/2015 6/30/2016 6/30/2017 6/30/2018 6/30/2019 6/30/2020 Methods and assumptions used to determine contribution rates:

Actuarial cost method
Amortization method
Asset valuation method
Inflation
Salary increases
Investment rate of return
Retirement age
Retirement age and mortality
* - Fiscal year 2015 was the 1st year of implementation, therefore only nine years are shown.

The probabilities of mortality are based on the
CalPERS Experience Study. Pre-retirement and Post-
retirement mortality rates include 20 years of
projected mortality improvement using Scale BB
published by the Society of Actuaries for 2015 to
2018. For 2019, 2020, 2021 and 2022, pre-
retirement and post-retirement mortality rates
include 15 years of projected mortality improvement
using 90% of Scale MP-2016 published by the
Society of Actuaries. For 2023, pre-retirement and
post-retirement mortality rates include generational
mortality improvement using 80% of Scale MP-2020
published by the Society of Actuaries.

Level percentage of payroll, closed
Entry age normal
Actuarial valuation of assets

2.75% for 2015 to 2019, 2.625% for 2020, 2.50%
for 2021, and 2.30% for 2023
Varies by entry age and service

7.5% for 2015 to 2018, 7.375% for 2019, 7.25% for
2020, 7.00% for 2021 and 2022 and 6.80% for
2023, net of pension plan investment expense,
including inflation.

The probabilities of retirement are based on the
CalPERS Experience Study
113

Page 146 of 233 ends

CITY OF CONCORD JUNE 30, 2023

REQUIRED SUPPLEMENTARY INFORMATION

SCHEDULE OF CONTRIBUTIONS
CalPERS Safety Plan – Agent Multiple-Employer Defined Benefit Pension Plan Last 10 Years*
Fiscal Year Ended June 30 2015 2016 2017 2018 2019 2020 2021 2022 2023 Actuarially determined contribution 5,993,768$ 6,411,727$ 7,481,823$ 8,023,715$ 8,943,686$ 10,246,008$ 10,836,764$ 11,652,316$ 12,762,514$ Contributions in relation to the actuarially determined contributions 5,993,768 6,411,727 7,481,823 8,023,715 8,943,686 10,246,008 10,836,764 11,652,316 12,762,514 Contribution deficiency (excess) -$ -$ -$ -$ -$ -$ -$ -$ -$ Covered payroll 17,550,805$ 17,858,904$ 18,960,776$ 19,289,474$ 19,522,648$ 19,395,698$ 20,035,014$ 19,592,781$ 20,942,656$ Contributions as a percentage of covered payroll 34.15% 35.90% 39.46% 41.60% 45.81% 52.83% 54.09% 59.47% 60.94% Notes to Schedule
Valuation date: 6/30/2012 6/30/2013 6/30/2014 6/30/2015 6/30/2016 6/30/2017 6/30/2018 6/30/2019 6/30/2020 Methods and assumptions used to determine contribution rates:

Actuarial cost method
Amortization method
Asset valuation method
Inflation
Salary increases
Investment rate of return
Retirement age
Retirement age and mortality
*- Fiscal year 2015 was the 1st year of implementation, therefore only nine years are shown.

Entry age normal
Level percentage of payroll, close
d
The probabilities of mortality are based on the
CalPERS Experience Study. Pre-retirement and Post-
retirement mortality rates include 20 years of
projected mortality improvement using Scale BB
published by the Society of Actuaries for 2015 to
2018. For 2019, 2020, 2021 and 2022, pre-
retirement and post-retirement mortality rates
include 15 years of projected mortality improvement
using 90% of Scale MP-2016 published by the
Society of Actuaries. For 2023, pre-retirement and
post-retirement mortality rates include generational
mortality improvement using 80% of Scale MP-2020
Actuarial valuation of assets

2.75% for 2015 to 2019, 2.625% for 2020, 2.50%
for 2021 and 2022, and 2.30% for 2023
Varies by entry age and service

7.5% for 2015 to 2018, 7.375% for 2019, 7.25% for
2020, 7.00% for 2021 and 2022, and 6.80% for
2023, net of plan investment expense, including
The probabilities of retirement are based on the
CalPERS Experience Study
114

Page 147 of 233 ends

CITY OF CONCORD JUNE 30, 2023

REQUIRED SUPPLEMENTARY INFORMATION

SCHEDULE OF CONTRIBUTIONS
City of Concord Retirement System Plan – Single Employer Defined Benefit Pension Plan Last 10 Years
Fiscal Year Ended June 30 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Actuarially determined contribution 2,045,000$ 2,478,000$ 2,478,000$ 2,715,000$ 2,715,000$ 2,493,000$ 2,491,000$ 2,377,000$ 2,375,000$ 2,670,000$ Contributions in relation to the actuarially
determined contributions 1,971,829 2,035,017 2,041,611 2,845,258 5,885,064 2,822,000 2,715,000 2,715,000 5,087,000 6,606,208 Contribution deficiency (excess) 73,171$ 442,983$ 436,389$ (130,258)$ (3,170,064)$ (329,000)$ (224,000)$ (338,000)$ (2,712,000)$ (3,936,208)$ Covered payroll (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) Contributions as a percentage of covered payroll N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A (1) Plan was closed in 1999.

Notes to Schedule
Valuation date: 6/30/2012 6/30/2014 6/30/2014 6/30/2016 6/30/2016 6/30/2018 6/30/2018 6/30/2020 6/30/2020 6/30/2022 Methods and assumptions used to determine contribution rates:

Actuarial cost method
Amortization method
Amortization period
Asset valuation method Market value of assets
Inflation
Salary scale Not applicable
Investment rate of return
Entry age normal
Level dollar
13-year fixed period for 2022/23

2.50%

5.50%, net of pension plan investment expense,
115

Page 148 of 233 ends

CITY OF CONCORD JUNE 30, 2023

REQUIRED SUPPLEMENTARY INFORMATION

SCHEDULE OF CONTRIBUTIONS
Other Post Employment Benefit Plan - Agent Multiple-Employer Last 10 Years*
Fiscal Year 2018 2019 2020 2021 2022 2023
Actuarially determined contribution 4,266,000$ 4,333,000$ 4,250,000$ 4,340,000$ 3,707,000$ 3,782,000$ Contributions in relation to the
actuarially determined contribution 4,540,452 4,243,337 4,246,158 4,430,392 3,690,072 4,970,809 Contribution deficiency (excess) (274,452)$ 89,663$ 3,842$ (90,392)$ 16,928$ (1,188,809)$ Cov ered-employee payroll 40,794,552$ 41,296,247$ 40,730,516$ 41,588,668$ 40,261,538$ 45,043,998$ Contributions as a percentage of
cov ered-employee payroll 11.13% 10.28% 10.43% 10.65% 9.17% 11.04% Notes to Schedule
Valuation Date June 30, 2018 June 30, 2020 June 30, 2020 June 30, 2022 Methods and assumptions used to
determine contribution rates:

Actuarial cost method
Entry Age Normal, Level % of
Pay
Entry Age Normal, Level % of
Pa
y
Entry Age Normal, Level % of
Pa
y Entry Age Normal, Level % of Pay Entry Age Normal, Level % of Pay Entry Age Normal, Level % of Pay Amortization method
Level percentage of payroll,
closed
Level percentage of payroll,
closed
Level percentage of payroll,
closed
Level percentage of payroll,
closed
Level percentage of payroll,
closed
Level percentage of payroll,
closed
Asset valuation method
Investment gain and losses
spread over 5-year rolling perio
d
Investment gain and losses
spread over 5-year rolling perio
d
Investment gain and losses spread
over 5-year rolling perio
d
Investment gain and losses spread
ov er 5-year rolling perio
d
Investment gain and losses spread
ov er 5-year rolling perio
d
Investment gain and losses spread
over 5-year rolling perio
d
Discount Rate 6.75% 6.75% 6.75% 6.25% 6.25% 5.75%
Inflation 2.75% 2.75% 2.75% 2.75% 2.75% 2.50%
Medical Trend
Non-Medicare - 7.25% for
2019, decreasing to an ultimate
rate of 4.00% in 2076 and later
years. Medicare - 6.50% for
2019, decreasing to an ultimate
rate of 4.00% in 2076 and later
years
Non-Medicare - 7.25% for
2021, decreasing to an ultimate
rate of 4.00% in 2076 and later
years. Medicare - 6.30% for
2021, decreasing to an ultimate
rate of 4.00% in 2076 and later
years
Non-Medicare - 7.25% for 2021,
decreasing to an ultimate rate of

4.00% in 2076 and later years.

Medicare - 6.30% for 2021,
decreasing to an ultimate rate of

4.00% in 2076 and later years
Non-Medicare - 7.00% for 2022,
decreasing to an ultimate rate of

4.00% in 2076 and later years.

Medicare (Non-Kaiser) - 6.10%
for 2022, decreasing to an
ultimate rate of 4.00% in 2076 and
later years.

Medicare (Kaiser) - 5.00% for
2022, decreasing to an ultimate
rate of 4.00% in 2076 and later
years.

Non-Medicare - 7.00% for 2022,
decreasing to an ultimate rate of

4.00% in 2076 and later years.

Medicare (Non-Kaiser) - 6.10%
for 2022, decreasing to an
ultimate rate of 4.00% in 2076 and
later years.

Medicare (Kaiser) - 5.00% for
2022, decreasing to an ultimate
rate of 4.00% in 2076 and later
years.

Non-Medicare - 8.50% for 2024,
decreasing to an ultimate rate of

3.45% in 2076 and later years.

Medicare (Non-Kaiser) - 7.50%
for 2024, decreasing to an
ultimate rate of 3.45% in 2076 and
later years.

Medicare (Kaiser) - 6.25% for
2024, decreasing to an ultimate
rate of 3.45% in 2076 and later
years.

Mortality
CalPERS 1997-2011 Experience
Stud
y
CalPERS 1997-2015 Experience
Stud
y
CalPERS 1997-2015 Experience
Stud
y
CalPERS 1997-2015 Experience
Stud
y
CalPERS 1997-2015 Experience
Stud
y
CalPERS 2000-2019 Experience
Stud
y
Mortality Improvement
Mortality projected fully
generational with Society of
Actuaries Scale MP-2016
Post retirement mortality
projected fully generational with
Scale MP-2018
Post retirement mortality
projected fully generational with
Scale MP-2018
Post retirement mortality
projected fully generational with
Scale MP-2020
Post retirement mortality
projected fully generational with
Scale MP-2020
Post retirement mortality
projected fully generational with
Scale MP-2021
Notes to Schedule
* Fiscal year 2018 was the first year of implementation, therefore, only six years are shown.

June 30, 2016 June 30, 2018
116

Page 149 of 233 ends

CITY OF CONCORD JUNE 30, 2023

SUPPLEMENTARY INFORMATION

Page 150 of 233 ends

This Page Left Intentionally Blank

Page 151 of 233 ends

CITY OF CONCORD

GENERAL FUND

COMBINING SCHEDULE OF REVENUES, EXPENDITURES

AND CHANGES IN FUND BALANCES
FOR THE YEAR ENDED JUNE 30, 2023
Total
Other Intrafund General
General Pavilion Measure V General Funds Eliminations Fun d

REVENUES
Taxes:

Property 22,287,385 $ - $ -$ -$ -$ 22,287,385$ Sales Tax:

Sales Tax 40,987,487 - - - - 40,987,487
Sales Tax - Transaction Use Tax - - 33,819,526 - - 33,819,526 Transient Occupancy 2,259,583 - - - - 2,259,583
Franchise Fees 9,269,663 - - - - 9,269,663
Business License 4,224,521 - - - - 4,224,521
Motor Vehicle In Lieu, Unrestricted 14,205,304 - - - - 14,205,304 Licenses and Permits 2,713,917 - - - - 2,713,917
Intergovernmental 1,346,659 - - 320,215 - 1,666,874 Charges for Services 7,284,560 - - 301,169 - 7,585,729 Fines, Forfeitures and Penalties 383,029 - - - - 383,029 Recreation Services 2,981,963 - - - - 2,981,963
Use of Money and Property 1,604,273 1,130,114 538,626 34,592 - 3,307,605 Special Assessment Collections 8,307 - - - - 8,307 Other 1,404,558 292,076 - - - 1,696,634 Total Revenues 110,961,209 1,422,190 34,358,152 655,976 - 147,397,527

EXPENDITURES
Current: -
General Government 22,808,897 - - - - 22,808,897
Public Safety 68,946,173 - 184,935 5,000 - 69,136,108 Public Works 10,643,059 - 229,283 - - 10,872,342
Economic Development and Base Reuse 1,081,928 - - - - 1,081,928 Community Development 9,266,821 - - 4,284 - 9,271,105 Recreation Services 6,435,425 348,042 - - - 6,783,467 Debt Service:

Principal 30,604 - - - - 30,604
Interest and Fiscal Charges 397,581 45,467 - - - 443,048 Total Expenditures 119,610,488 393,509 414,218 9,284 - 120,427,499

EXCESS (DEFICIENCY) OF REVENUES
OVER (UNDER) EXPENDITURES (8,649,279) 1,028,681 33,943,934 646,692 - 26,970,028

OTHER FINANCING SOURCES (USES)
Proceeds from sale of property 18,762 - - - - 18,762 Transfers in 12,655,914 - - 10,523,589 (22,945,589) 233,914 Transfers (Out) (12,196,427) - (34,468,744) - 22,945,589 (23,719,582) Total Other Financing Sources (Uses) 478,249 - (34,468,744) 10,523,589 - (23,466,906) NET CHANGES IN FUND BALANCES (8,171,030) 1,028,681 (524,810) 11,170,281 - 3,503,122

FUND BALANCES
AT BEGINNING OF YEAR 41,072,207 (2,760,881) 5,442,979 18,104,456 - 61,858,761

FUND BALANCES
AT END OF YEAR 32,901,177$ (1,732,200)$ 4,918,169$ 29,274,737$ -$ 65,361,883$ 119

Page 152 of 233 ends

CITY OF CONCORD

GENERAL FUND

COMBINING SCHEDULE OF REVENUES, EXPENDITURES

AND CHANGES IN FUND BALANCE

BUDGET AND ACTUAL
FOR THE YEAR ENDED JUNE 30, 2023
Variance with
Final Budget
Positive
Original Final Actual Amounts (Ne gative)
REVENUES:

Taxes:

Property 21,077,000$ 21,577,000 $ 22,287,385 $ 710,385 $ Sales Tax:

Sales Tax 37,800,000 42,000,000 40,987,487 (1,012,513) Sales Tax - Transaction Use Tax - - - -
Transient Occupancy 2,500,000 2,500,000 2,259,583 (240,417) Franchises 8,152,000 8,152,000 9,269,663 1,117,663 Business License 3,571,800 3,571,800 4,224,521 652,721 Motor Vehicle In Lieu, Unrestricted 13,342,000 13,342,000 14,205,304 863,304 Licenses and Permits 1,862,920 1,862,920 2,713,917 850,997 Intergovernmental 788,000 788,000 1,346,659 558,659 Charges for Services 6,067,933 5,987,933 7,284,560 1,296,627 Fines, Forfeitures and Penalties 335,000 335,000 383,029 48,029 Recreation Services 3,151,830 3,151,830 2,981,963 (169,867) Use of Money and Property 942,500 942,500 1,604,273 661,773 Special Assessment Collections - - 8,307 8,307
Other 550,870 335,870 1,404,558 1,068,688 Total Revenues 100,141,853 104,546,853 110,961,209 6,414,356 EXPENDITURES:

Current:

General Government:

Council 574,374 588,240 460,750 127,490 Manager 3,260,426 3,757,255 3,635,429 121,826 Attorney 1,614,513 1,973,436 1,857,560 115,876 Human Resources 2,613,657 2,888,497 2,866,771 21,726 Finance 10,667,450 15,714,699 13,988,387 1,726,312 Public Safety 63,258,383 66,188,248 68,946,173 (2,757,925) Public Works 10,956,124 11,495,409 10,643,059 852,350 Economic Development and Base Reuse 823,399 1,220,545 1,081,928 138,617 Community Development 9,706,181 9,842,003 9,266,821 575,182 Recreation Services 6,867,921 6,697,075 6,435,425 261,650 Capital Outlay - - - -
Debt Service: -
Principal - - 30,604 (30,604)
Interest and Fiscal Charges 366,246 370,246 397,581 (27,335) Total Expenditures 110,708,674 120,735,653 119,610,488 1,125,165

EXCESS (DEFICIENCY) OF REVENUES OVER
(UNDER) EXPENDITURES (10,566,821) (16,188,800) (8,649,279) 7,539,521

OTHER FINANCING SOURCES (USES)
Proceeds from sale of property - - 18,762 18,762
Transfers In 11,581,399 12,655,914 12,655,914 - Transfers (out) (972,071) (1,672,732) (12,196,427) (10,523,695) Total Other Financing Sources (Uses) 10,609,328 10,983,182 478,249 (10,504,933) NET CHANGE IN FUND BALANCE 42,507$ (5,205,618)$ (8,171,030) (2,965,412)$ FUND BALANCE AT BEGINNING OF YEAR 41,072,207
FUND BALANCE AT END OF YEAR 32,901,177$
Budgeted Amounts
General
120

Page 153 of 233 ends

Variance with Variance with
Final Budget Final Budget
Positive Positive
Original Final Actual Amounts (Ne gative) Ori ginal Final Actual Amounts (Ne gative) -$ -$ -$ -$ -$ -$ -$ -$
- - - - - - - -
- - - - 28,000,000 31,300,000 33,819,526 2,519,526 - - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
928,973 928,973 1,130,114 201,141 - - 538,626 538,626 - - - - - - - -
172,800 172,800 292,076 119,276 - - - - 1,101,773 1,101,773 1,422,190 320,417 28,000,000 31,300,000 34,358,152 3,058,152 - - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - 788,251 184,935 603,316
- - - - 228,000 228,000 229,283 (1,283) - - - - - - - -
- - - - - - - -
175,299 175,299 348,042 (172,743) - - - - 119,509 1,204,354 - 1,204,354 - - - - - - -
- - - - - - - -
- - 45,467 (45,467) - - - -
294,808 1,379,653 393,509 986,144 228,000 1,016,251 414,218 602,033 806,965 (277,880) 1,028,681 1,306,561 27,772,000 30,283,749 33,943,934 3,660,185 - - - - - - - -
(358,609) (880,009) - 880,009 (26,772,000) (34,472,000) (34,468,744) 3,256 (358,609) (880,009) - 880,009 (26,772,000) (34,472,000) (34,468,744) 3,256 448,356$ (1,157,889)$ 1,028,681 2,186,570$ 1,000,000$ (4,188,251)$ (524,810) 3,663,441$ (2,760,881) 5,442,979
(1,732,200)$ 4,918,169$
(Continued)
Pavilion
Budgeted Amounts
Measure V
Budgeted Amounts
121

Page 154 of 233 ends

CITY OF CONCORD

GENERAL FUND

COMBINING SCHEDULE OF REVENUES, EXPENDITURES

AND CHANGES IN FUND BALANCE

BUDGET AND ACTUAL
FOR THE YEAR ENDED JUNE 30, 2023
Variance with
Final Budget
Positive
Original Final Actual Amounts (Ne gative)
REVENUES:

Taxes:

Property -$ -$ -$ -$
Sales Tax:

Sales Tax - - - -
Sales Tax - Transaction Use Tax - - - -
Transient Occupancy - - - -
Franchises - - - -
Business License - - - -
Motor Vehicle In Lieu, Unrestricted - - - -
Licenses and Permits - - - -
Intergovernmental 186,000 186,000 320,215 134,215 Charges for Services 49,906 49,906 301,169 251,263 Fines, Forfeitures and Penalties - - - -
Parks and Recreation - - - -
Use of Money and Property 11,485 11,485 34,592 23,107 Special Assessment Collections - - - -
Other - - - -
Total Revenues 247,391 247,391 655,976 408,585 EXPENDITURES:

Current:

General Government:

Council - - - -
Manager - - - -
Attorney - - - -
Human Resources - - - -
Finance - - - -
Public Safety 115,985 115,985 5,000 110,985 Public Works - - - -
Economic Development and Base Reuse - - - -
Community Development 35,000 35,000 4,284 30,716
Parks & Recreation Services - - - -
Capital Outlay - - - -
Debt Service: -
Principal - - - -
Interest and Fiscal Charges - - - -
Total Expenditures 150,985 150,985 9,284 141,701

EXCESS (DEFICIENCY) OF REVENUES OVER
(UNDER) EXPENDITURES 96,406 96,406 646,692 550,286

OTHER FINANCING SOURCES (USES)
Transfers In - - 10,523,589 10,523,589
Transfers (out) - - - -
Total Other Financing Sources (Uses) - - 10,523,589 10,523,589 NET CHANGE IN FUND BALANCE 96,406$ 96,406$ 11,170,281 11,073,875$ FUND BALANCE AT BEGINNING OF YEAR 18,104,456
FUND BALANCE AT END OF YEAR 29,274,737$
Other General Funds
Budgeted Amounts
122

Page 155 of 233 ends

Variance with Variance with
Final Budget Final Budget
Positive Positive
Original Final Actual Amounts (Ne gative) Ori ginal Final Actual Amounts (Ne gative) -$ -$ -$ -$ 21,077,000$ 21,577,000$ 22,287,385$ 710,385$ - - - - 37,800,000 42,000,000 40,987,487 (1,012,513) - - - - 28,000,000 31,300,000 33,819,526 2,519,526 - - - - 2,500,000 2,500,000 2,259,583 (240,417) - - - - 8,152,000 8,152,000 9,269,663 1,117,663 - - - - 3,571,800 3,571,800 4,224,521 652,721 - - - - 13,342,000 13,342,000 14,205,304 863,304 - - - - 1,862,920 1,862,920 2,713,917 850,997 - - - - 974,000 974,000 1,666,874 692,874 - - - - 6,117,839 6,037,839 7,585,729 1,547,890 - - - - 335,000 335,000 383,029 48,029 - - - - 3,151,830 3,151,830 2,981,963 (169,867) - - - - 1,882,958 1,882,958 3,307,605 1,424,647 - - - - - - 8,307 8,307
- - - - 723,670 508,670 1,696,634 1,187,964 - - - - 129,491,017 137,196,017 147,397,527 10,201,510 - - - - 574,374 588,240 460,750 127,490 - - - - 3,260,426 3,757,255 3,635,429 121,826 - - - - 1,614,513 1,973,436 1,857,560 115,876 - - - - 2,613,657 2,888,497 2,866,771 21,726 - - - - 10,667,450 15,714,699 13,988,387 1,726,312 - - - - 63,374,368 67,092,484 69,136,108 (2,043,624) - - - - 11,184,124 11,723,409 10,872,342 851,067 - - - - 823,399 1,220,545 1,081,928 138,617 - - - - 9,741,181 9,877,003 9,271,105 605,898 - - - - 7,043,220 6,872,374 6,783,467 88,907 - - - - 119,509 1,204,354 - 1,204,354 - -
- - - - - - 30,604 (30,604)
- - - - 366,246 370,246 443,048 (72,802) - - - - 111,382,467 123,282,542 120,427,499 2,855,043 - - - - 18,108,550 13,913,475 26,970,028 13,056,553 - - 18,762 18,762
(11,272,000) (12,422,000) (22,945,589) (10,523,589) 309,399 233,914 233,914 - 11,272,000 12,422,000 22,945,589 10,523,589 (16,830,680) (24,602,741) (23,719,582) 883,159 - - - - (16,521,281) (24,368,827) (23,466,906) 901,921 -$ -$ - -$ 1,587,269$ (10,455,352)$ 3,503,122 13,958,474$ - 61,858,761
-$ 65,361,883$
Total General Fund
Budgeted Amounts
Intrafund Eliminations
Budgeted Amounts
123

Page 156 of 233 ends

This Page Left Intentionally Blank

Page 157 of 233 ends

CITY OF CONCORD JUNE 30, 2023

NON-MAJOR GOVERNMENTAL FUNDS
State Gas Tax Fund. To account for restricted revenue appor tioned to the City from State-collected gasoline taxes and expended for construction and maintenance of City streets.

Maintenance Districts Fund. To account for revenue from property tax and annual assessments against property owners and expended for their share of the City's cost for maintenance in the areas of the service provided.

Art in Public Places Fund. To account for fees applied to new construction and expended for the purchase and installation of art objects in the City.

Traffic System Management Fund. To account for monies from in-lieu parking fees, to be expended for traffic management facilities.

Housing Assistance Program Fund. To account for monies from the former Redevelopment Agency and developers' contributions to be expended for low-income housing loans.

Housing and Community Services Fund. – To account for monies received from the Department of Housing and Urban Development and expended for development of jobs and suitable housing for low- income residents.

Storm Water Management Fund. To account for activities necessary to comply with the Federal Clean Water Act.

Health Care District Fund. To account for funds needed for hea lth programs. The program is funded through property taxes.

Asset Forfeiture Fund. To account for revenues received from ad judicated sales of assets seized during drug related arrests and to disburse for authorized public safety activities.

Vehicle Abatement Fund. To account for monies received by the California Department of Motor Vehicles to be expended on abatement, remova l or the disposal of vehicle relate d public nuisances from private or public property.

Public Education and Government Fund. To account for monies received by cable operators to support public education and government (PEG) channel facilities and activities.

General Plan Reimbursement Fee Fund. To account for the accumulation of revenue levied on building permits for payment of expenditures related to th e City’s General Plan Update and Housing Element Update.

Technology Fee Fund. To account for revenues received from a surcharge of administrative processing, plan review, and inspection fees applying to Buil ding, Engineering and Plan ning Divisions, for the purchase, maintenance, and replacement of Development Review services software and hardware.

Tree Special Revenue Fund. To account for the revenues received from fines or fees associated with tree removal. The fines or fees will be used for costs associated with planting, replacing, and maintaining trees.

Cannabis Community Benefit Special Revenue Fund. To account for revenue s received from local cannabis businesses for the advancement of community and public purposes. 125

Page 158 of 233 ends

CITY OF CONCORD JUNE 30, 2023

NON-MAJOR GOVERNMENTAL FUNDS (CONTINUED)
Opioid Settlement Fund. To account for funds pursuant to settlement agreements with opioid manufacturers, distributors, and phar macies, the funds are to be used to fund future opioid-remediation efforts. The settlement agreements include a list of qualifying opioid remediation expenditures.

Assessment Districts Fund. To account for accumulation of special assessment taxes for payment of special assessment bond interest and principal.

Energy Lease Fund. To account for a lease agreement issued to finance several energy conservation projects throughout the City.

Infrastructure Lease Agreement Fund. To account for lease agreement in connection with the financing of street and other infrastructure improvements.

Special Developers Fund. To account for capital projects within the City funded by various fees collected from developers.

Inter-Governmental Capital Projects Fund. To account for approved capital projects funded from other governmental agencies.

Measure V Projects Capital Projects Fund. To account for capital projects that are to be funded with funds received from the Measure V one-cent sales tax.
126

Page 159 of 233 ends

This Page Left Intentionally Blank

Page 160 of 233 ends

Art in Traffic Housing
State Maintenance Public System Assistance
Gas Tax Districts Places Managemen t Program
ASSETS:

Cash and Investments 9,197,065 $ 5,476,219 $ 75,980 $ 62,134 $ 579,088 $ Cash with Fiscal Agents - - - - -
Receivables, Net
Accounts Receivable - - - - -
Interest - - - - 26,638
Due from Other Governments 277,005 - - - -
Loans and Notes - - - - 185,445
Total Assets 9,474,070$ 5,476,219$ 75,980$ 62,134$ 791,171$

LIABILITIES, DEFERRED INFLOWS OF
RESOURCES AND FUND BALANCES:

Liabilities:

Accounts, Deposits and Contracts Payable 19,062$ -$ -$ -$ -$ Accrued Liabilities 17,201 7,515 - - - Unearned Revenue - - - - -
Due to Other Funds - - - - -
Total Liabilities 36,263 7,515 - - - Deferred Inflows of Resources:

Unavailable Revenue - - - - 212,083
Fund balance:

Restricted 9,437,807 5,468,704 75,980 62,134 579,088 Assigned - - - - -
Unassigned - - - - -
Total Fund Balances (Deficit) 9,437,807 5,468,704 75,980 62,134 579,088 Total Liabilities, Deferred Inflows
and Fund Balances 9,474,070$ 5,476,219$ 75,980$ 62,134$ 791,171$

SPECIAL REVENUE FUNDS

CITY OF CONCORD

NON-MAJOR GOVERNMENTAL FUNDS

COMBINING BALANCE SHEET
JUNE 30, 2023
128

Page 161 of 233 ends

SPECIAL REVENUE FUNDS
General
Housing and Storm Health Public Plan
Community Wate r Care Asset Vehicle Education and Reimbursemen t Technology Services Managemen t District Forfeiture Abatemen t Government Fee Fee 1,859,000$ 7,545,493 $ 721,830 $ 405,272 $ 245,040 $ 1,353,211 $ 3,423,941 $ 3,074,188 $ - - - - - - - -
- - - - - 68,856 - -
131,899 - - - - - - -
606,932 564,702 32,366 - 18,688 - - - 1,680,688 - - - - - - -
4,278,519$ 8,110,195$ 754,196$ 405,272$ 263,728$ 1,422,067$ 3,423,941$ 3,074,188$ 107,433$ -$ -$ -$ -$ 44,083$ -$ -$ 3,605 7,999 582 - - - - - 70,000 - - - - - - -
- - - - - - - -
181,038 7,999 582 - - 44,083 - - 2,050,166 - - - - - - -
2,047,315 8,102,196 753,614 405,272 263,728 1,377,984 3,423,941 3,074,188 - - - - - - - -
- - - - - - - -
2,047,315 8,102,196 753,614 405,272 263,728 1,377,984 3,423,941 3,074,188 4,278,519$ 8,110,195$ 754,196$ 405,272$ 263,728$ 1,422,067$ 3,423,941$ 3,074,188$ (Continued)
129

Page 162 of 233 ends

SPECIAL REVENUE FUNDS DEBT SERVICE FUNDS
Cannabis
Community Opioi d
Tree Benefit Settlement Assessmen t Energy
Fund Fund Fund Districts Lease
ASSETS:

Cash and Investments 44,159 $ 303,049 $ 104,427 $ 7,547 $ 1 $ Cash with Fiscal Agents - - - - -
Receivables, Net
Accounts Receivable - 30,453 - - -
Interest - - - - -
Due from Other Governments - - - - -
Loans and Notes - - - - -
Total Assets 44,159$ 333,502$ 104,427$ 7,547$ 1$

LIABILITIES, DEFERRED INFLOWS OF
RESOURCES AND FUND BALANCES:

Liabilities:

Accounts, Deposits and Contracts Payable -$ -$ -$ 8,479$ -$ Accrued Liabilities - - - - -
Unearned Revenue - - 103,833 - -
Due to Other Funds - - - - -
Total Liabilities - - 103,833 8,479 - Deferred Inflows of Resources:

Unavailable Revenue - - - - -
Fund balance:

Restricted 44,159 333,502 594 - 1 Assigned - - - - -
Unassigned - - - (932) -
Total Fund Balances (Deficit) 44,159 333,502 594 (932) 1 Total Liabilities, Deferred Inflows
and Fund Balances 44,159$ 333,502$ 104,427$ 7,547$ 1$

CITY OF CONCORD

NON-MAJOR GOVERNMENTAL FUNDS

COMBINING BALANCE SHEET
JUNE 30, 2023
130

Page 163 of 233 ends

DEBT

SERVICE

FUNDS CAPITAL PROJECTS FUNDS
Total
Infrastructure Nonmajor
Lease Special Inter- Measure V Governmental
Agreement Developers Governmental Projects Funds
-$ 13,498,066$ 12,226,019$ $24,471,616 $84,673,345 77,802 - 19,426 - 97,228
- - - - 99,309
- - - - 158,537
- - 283,574 - 1,783,267
- - - - 1,866,133
77,802$ 13,498,066$ 12,529,019$ 24,471,616$ 88,677,819$ -$ -$ 97,495$ 89,839$ 366,391$
- 158 - - 37,060
- - - - 173,833
56,637 - - - 56,637
56,637 158 97,495 89,839 633,921
- - 283,574 - 2,545,823
21,165 - 12,147,950 - 47,619,322
- 13,497,908 - 24,381,777 37,879,685
- - - - (932)
21,165 13,497,908 12,147,950 24,381,777 85,498,075 77,802$ 13,498,066$ 12,529,019$ 24,471,616$ 88,677,819$ 131

Page 164 of 233 ends

SPECIAL REVENUE FUNDS
Art in Traffic Housing
State Maintenance Public System Assistance
Gas Tax Districts Places Management Programs
REVENUES:

Taxes -$ 1,678,246$ -$ -$ -$
Licenses and Permits - - - - -
Franchises - - - - -
Intergovernmental 5,679,712 - - - -
Charges for Services - - - - -
Fines, Forfeitures and Penalties - - - - -
Use of Money and Property 211,452 138,248 2,278 - 14,349 Other - - - - -
Total Revenues 5,891,164 1,816,494 2,278 - 14,349 EXPENDITURES:

Current:

General Government - - - - -
Public Safety - - - - -
Public Works 3,049,248 1,720,301 10,000 - - Community and Economic Development - - 36,443 - - Recreation Services - - - - -
Capital Outlay 599,410 - - - -
Debt service:

Principal Repayment - - - - -
Interest and Fiscal Charges -
- - - -
Total Expenditures 3,648,658 1,720,301 46,443 - -

EXCESS (DEFICIENCY) OF REVENUES
OVER (UNDER) EXPENDITURES 2,242,506 96,193 (44,165) - 14,349 OTHER FINANCING SOURCES (USES):

Transfers In 229,550 - - - -
Transfers (Out) (83,155) (358,129) - - - Total Other Financing Sources (Uses) 146,395 (358,129) - - -

SPECIAL ITEM
Loans receivable - change in accounting policy (185,445) Net Changes in Fund Balances 2,388,901 (261,936) (44,165) - (171,096) Fund Balances (Deficit) at the Beginning of Period 7,048,906 5,730,640 120,145 62,134 750,184 FUND BALANCES (DEFICIT) AT END OF PERIOD 9,437,807$ 5,468,704$ 75,980$ 62,134$ 579,088$

AND CHANGES IN FUND BALANCES
FOR THE YEAR ENDED JUNE 30, 2023

CITY OF CONCORD

NON-MAJOR GOVERNMENTAL FUNDS

COMBINING STATEMENT OF REVENUES, EXPENDITURES
132

Page 165 of 233 ends

SPECIAL REVENUE FUNDS
General
Housing Storm Health Public Plan
and Community
Water Care Asset Vehicle Education and Reimbursement Technology Services Management District Forfeiture Abatement Government Fee Fee -$ 2,102,597$ 441,693$ -$ -$ -$ -$ -$ - - - - - - - -
- - - - - 358,755 - -
1,192,995 - - 13,425 65,056 - - - - 232,579 - - - - 716,702 698,137 - - - 836 - - - -
576,454 178,002 14,309 9,886 5,776 38,665 81,657 68,773 15,075 150 25,000 - - - - - 1,784,524 2,513,328 481,002 24,147 70,832 397,420 798,359 766,910 - - - - - 196,657 - -
- - - - 32,248 - - -
- 609,756 - - - - 365,031 - 1,955,555 1,157,006 219,003 - - - - 4,835 - - - - - - - -
296,714 141,527 - - - 470,422 - - - - - - - - - -
- - - - - - - -
2,252,269 1,908,289 219,003 - 32,248 667,079 365,031 4,835 (467,745) 605,039 261,999 24,147 38,584 (269,659) 433,328 762,075 - 530,866 - - - - - -
- (173,914) - - - - - -
- 356,952 - - - - - -
(140,000)
(607,745) 961,991 261,999 24,147 38,584 (269,659) 433,328 762,075 2,655,060 7,140,205 491,615 381,125 225,144 1,647,643 2,990,613 2,312,113 2,047,315$ 8,102,196$ 753,614$ 405,272$ 263,728$ 1,377,984$ 3,423,941$ 3,074,188$ (Continued)
133

Page 166 of 233 ends

SPECIAL REVENUE FUNDS DEBT SERVICE FUNDS
Cannabis
Community
Opioid
Tree Benefit Settlement Assessment Energy
Fund Fund Fund Districts Lease
REVENUES:

Taxes -$ -$ -$ -$ -$
Licenses and Permits - - - - -
Franchises - - - - -
Intergovernmental - - - - -
Charges for Services - - - - -
Charges for Services - - - - -
Use of Money and Property 1,116 3,863 594 113 -
Other - 329,639 - - -
Total Revenues 1,116 333,502 594 113 -
EXPENDITURES:

Current:

General Government - - - - -
Public Safety - - - - -
Public Works 5,075 - - - -
Community and Economic Development - - - - -
Recreation Services - - - - -
Capital Outlay - - - - -
Debt service:

Principal Repayment - -
- - 770,000
Interest and Fiscal Charges - - - - 103,486
Total Expenditures 5,075 - - - 873,486

EXCESS (DEFICIENCY) OF REVENUES
OVER (UNDER) EXPENDITURES (3,959) 333,502 594 113 (873,486) OTHER FINANCING SOURCES (USES):

Transfers (In) - - - - 873,486
Transfers (Out) - - - - -
Total Other Financing Sources (Uses) - - - - 873,486

SPECIAL ITEM
Loans receivable - change in accounting policy
Net Changes in Fund Balances (3,959) 333,502 594 113 - Fund Balances (Deficit) at the Beginning of Period 48,118 - - (1,045) 1 FUND BALANCES (DEFICIT) AT END OF PERIOD 44,159$ 333,502$ 594$ (932)$ 1$

CITY OF CONCORD

NON-MAJOR GOVERNMENTAL FUNDS

COMBINING STATEMENT OF REVENUES, EXPENDITURES

AND CHANGES IN FUND BALANCES
FOR THE YEAR ENDED JUNE 30, 2023
134

Page 167 of 233 ends

DEBT

SERVICE

FUNDS CAPITAL PROJECTS FUNDS
Total
Infrastructure Nonmajor
Lease Special Inter-
Measure V Governmental
Agreement Developers Governmental Projects Funds
-$ -$ -$ -$ 4,222,536$
- 4,329,025 - - 4,329,025
- - - - 358,755
- - 3,201,030 - 10,152,218
- - - - 1,647,418
- - - - 836
12,556 132,346 295,909 - 1,786,346 - 95,370 - - 465,234
12,556 4,556,741 3,496,939 - 22,962,368 - - - - 196,657
- - - - 32,248
- 585 104,736 - 5,864,732
- 219,512 12,698 605,697 4,210,749 - - - - -
- 91,892 3,149,744 1,479,998 6,229,707 3,870,000 - -
- 4,640,000
3,631,300 - - - 3,734,786
7,501,300 311,989 3,267,178 2,085,695 24,908,879 (7,488,744) 4,244,752 229,761 (2,085,695) (1,946,511) 7,496,744 - - 13,700,000 22,830,646
- - - - (615,198)
7,496,744 - - 13,700,000 22,215,448
(325,445)
8,000 4,244,752 229,761 11,614,305 19,943,492 13,165 9,253,156 11,918,189 $12,767,472 65,554,583 21,165$ 13,497,908$ 12,147,950$ 24,381,777$ 85,498,075$ 135

Page 168 of 233 ends

CITY OF CONCORD

BUDGETED NON-MAJOR FUNDS

COMBINING SCHEDULE OF REVENUES, EXPENDITURES

AND CHANGES IN FUND BALANCES

BUDGET AND ACTUAL
FOR THE YEAR ENDED JUNE 30, 2023

STATE GAS TAX MAINTENANCE DISTRICTS
Variance Variance
Positive Positive
Budget Actual (Negative) Budget Actual (Negative)
REVENUES:

Taxes - $ -$ -$ 1,590,703 $ 1,678,246$ 87,543$ Licenses and Permits - - - - - -
Franchises - - - - - -
Intergovernmental 5,780,999 5,679,712 (101,287) - - - Charges for Services - - - - - -
Fines, Forfeitures and Penalties - - - - - -
Use of Money and Property 48,705 211,452 162,747 44,723 138,248 93,525 Other - - - - - -
Total Revenues 5,829,704 5,891,164 61,460 1,635,426 1,816,494 181,068 EXPENDITURES:

Current:

General Government - - - - - -
Public Safety - - - - - -
Public Works 4,805,959 3,049,248 1,756,711 1,588,123 1,720,301 (132,178) Community and Economic Development - - - - - -
Recreation Services - - - - - -
Capital Outlay 6,250,583 599,410 5,651,173 102,512 - 102,512 Debt Service:

Principal Repayment - - - - - -
Interest and Fiscal Charges - - - - - -
Total Expenditures 11,056,542 3,648,658 7,407,884 1,690,635 1,720,301 (29,666)

EXCESS (DEFICIENCY) OF REVENUES
OVER (UNDER) EXPENDITURES (5,226,838) 2,242,506 7,469,344 (55,209) 96,193 151,402 OTHER FINANCING SOURCES (USES):

Transfers In - 229,550 229,550 - - -
Transfers (Out) (83,155) (83,155) - (358,129) (358,129) - Total Other Financing Sources (Uses) (83,155) 146,395 229,550 (358,129) (358,129) - SPECIAL ITEM:

Loans receivable - change in accounting policy
Net Changes in Fund Balances (5,309,993)$ 2,388,901 7,698,894$ (413,338)$ (261,936) 151,402$ Fund Balances (Deficit) at Beginning of Year $7,048,906 5,730,640 Fund Balances (Deficit) at End of Year 9,437,807$ 5,468,704 $ 136

Page 169 of 233 ends

ART IN PUBLIC PLACES TRAFFIC SYSTEM MANAGEMENT HOUSING ASSISTANCE PROGRAM Variance Variance Variance
Positive Positive Positive
Budget Actual (Negative) Budget Actual (Negative) Budget Actual (Negative) -$ -$ -$ -$ -$ -$ -$ -$ -$
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
1,787 2,278 491 - - - 4,750 14,349 9,599 20,000 - (20,000) - - - - - -
21,787 2,278 (19,509) - - - 4,750 14,349 9,599 - - - - - - - - -
- - - - - - - - -
20,000 10,000 10,000 - - - - - - - 36,443 (36,443) - - - - - -
- - - - - - - - -
61,443 - 61,443 - - - - - -
- - - - - - - - -
- - - - - - - - -
81,443 46,443 35,000 - - - - - - (59,656) (44,165) 15,491 - - - 4,750 14,349 9,599 - - - - - - - - -
- - - - - - - - -
- - - - - - - - -
(185,445) (185,445)
(59,656)$ (44,165) 15,491 $ - $ - -$ 4,750 $ (171,096) (175,846)$ 120,145 62,134 750,184
75,980$ 62,134$ 579,088$
(Continued)
137

Page 170 of 233 ends

CITY OF CONCORD

BUDGETED NON-MAJOR FUNDS

COMBINING SCHEDULE OF REVENUES, EXPENDITURES

AND CHANGES IN FUND BALANCES

BUDGET AND ACTUAL
FOR THE YEAR ENDED JUNE 30, 2023

HOUSING AND COMMUNITY SERVICES STORM WATER MANAGEMENT
Variance Variance
Positive Positive
Budget Actual (Negative) Budget Actual (Negative)
REVENUES:

Taxes - $ -$ -$ 2,000,000$ 2,102,597$ 102,597$ Licenses and Permits 20,000 - (20,000) - - - Franchises - - - - - -
Intergovernmental 1,050,000 1,192,995 142,995 - - - Charges for Services - - - 40,000 232,579 192,579 Fines, Forfeitures and Penalties - - - - - -
Use of Money and Property 19,916 576,454 556,538 30,806 178,002 147,196 Other - 15,075 15,075 - 150 150
Total Revenues 1,089,916 1,784,524 694,608 2,070,806 2,513,328 442,522 EXPENDITURES:

Current:

General Government - - - - - -
Public Safety - - - - - -
Public Works - - - 1,098,849 609,756 489,093 Community and Economic Development 1,916,463 1,955,555 (39,092) 1,627,159 1,157,006 470,153 Recreation Services - - - - - -
Capital Outlay 1,306,796 296,714 1,010,082 1,353,706 141,527 1,212,179 Debt Service:

Principal Repayment - - - - - -
Interest and Fiscal Charges - - - - - -
Total Expenditures 3,223,259 2,252,269 970,990 4,079,714 1,908,289 2,171,425 .

EXCESS (DEFICIENCY) OF REVENUES
OVER (UNDER) EXPENDITURES (2,133,343) (467,745) 1,665,598 (2,008,908) 605,039 2,613,947 OTHER FINANCING SOURCES (USES):

Transfers In - - - 530,866 530,866 - Transfers (Out) - - - (173,914) (173,914) - Total Other Financing Sources (Uses) - - - 356,952 356,952 - SPECIAL ITEM:

Loans receivable - change in accounting policy (140,000) (140,000) Net Changes in Fund Balances (2,133,343)$ (607,745) 1,525,598$ (1,651,956)$ 961,991 2,613,947$ Fund Balances (Deficit) at Beginning of Year 2,655,060 7,140,205 Fund Balances (Deficit) at End of Year 2,047,315$ 8,102,196 $ 138

Page 171 of 233 ends

HEALTH CARE DISTRICT ASSET FORFEITURE VEHICLE ABATEMENT Variance Variance Variance
Positive Positive Positive
Budget Actual (Negative) Budget Actual (Negative) Budget Actual (Negative) 200,000$ 441,693 $ 241,693 $ - $ -$ -$ -$ -$ -$ - - - - - - - - -
- - - - - - - - -
- - - - 13,425 13,425 100,000 65,056 (34,944) - - - - - - - - -
- - - - 836 836 - - -
1,770 14,309 12,539 757 9,886 9,129 - 5,776 5,776 - 25,000 25,000 - - - - - -
201,770 481,002 279,232 757 24,147 23,390 100,000 70,832 (29,168) - - - - - - - - -
- - - 50,000 - 50,000 124,553 32,248 92,305 - - - - - - - - -
247,668 219,003 28,665 - - - - - - - - - - - - - - -
- - - 163,235 - 163,235 - - -
- - - - - - - - -
- - - - - - - - -
247,668 219,003 28,665 213,235 - 213,235 124,553 32,248 92,305 (45,898) 261,999 307,897 (212,478) 24,147 236,625 (24,553) 38,584 63,137 - - - - - - - - -
- - - - - - - - -
- - - - - - - - -
(45,898)$ 261,999 307,897$ (212,478)$ 24,147 236,625$ (24,553)$ 38,584 63,137$ 491,615 381,125 225,144
753,614$ 405,272$ 263,728$
(Continued)
139

Page 172 of 233 ends

CITY OF CONCORD

BUDGETED NON-MAJOR FUNDS

COMBINING SCHEDULE OF REVENUES, EXPENDITURES

AND CHANGES IN FUND BALANCES

BUDGET AND ACTUAL
FOR THE YEAR ENDED JUNE 30, 2023

PUBLIC EDUCATION AND GOVERNMENT GENERAL PLAN REIMBURSEMENT FEE Variance Variance
Positive Positive
Budget Actual (Negative) Budget Actual (Negative)
REVENUES:

Taxes - $ -$ -$ -$ -$ -$
Licenses and Permits - - - - - -
Franchises 380,000 358,755 (21,245) - - - Intergovernmental - - - - - -
Charges for Services - - - 275,625 716,702 441,077 Fines, Forfeitures and Penalties - - - - - -
Use of Money and Property 5,291 38,665 33,374 9,306 81,657 72,351 Other - - - - - -
Total Revenues 385,291 397,420 12,129 284,931 798,359 513,428 EXPENDITURES:

Current:

General Government 177,535 196,657 (19,122) - - - Public Safety - - - - - -
Public Works - - - - 365,031 (365,031)
Community and Economic Development - - - - - -
Recreation Services - - - - - -
Capital Outlay 1,643,965 470,422 1,173,543 2,437,014 - 2,437,014 Debt Service:

Principal Repayment - - - - - -
Interest and Fiscal Charges - - - - - -
Total Expenditures 1,821,500 667,079 1,154,421 2,437,014 365,031 2,071,983

EXCESS (DEFICIENCY) OF REVENUES
OVER (UNDER) EXPENDITURES (1,436,209) (269,659) 1,166,550 (2,152,083) 433,328 2,585,411 OTHER FINANCING SOURCES (USES):

Transfers In - - - - - -
Transfers (Out) - - - - - -
Total Other Financing Sources (Uses) - - - - - -
SPECIAL ITEM:

Loans receivable - change in accounting policy
Net Changes in Fund Balances (1,436,209)$ (269,659) 1,166,550$ (2,152,083)$ 433,328 2,585,411$ Fund Balances (Deficit) at Beginning of Year 1,647,643 2,990,613 Fund Balances (Deficit) at End of Year 1,377,984$ 3,423,941 $ 140

Page 173 of 233 ends

CANNABIS COMMUNITY

TECHNOLOGY FEE TREE FUND BENEFIT FUND
Variance Variance Variance
Positive Positive Positive
Budget Actual (Negative) Budget Actual (Negative) Budget Actual (Negative) -$ -$ -$ -$ -$ -$ -$ -$ -$
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
439,688 698,137 258,449 - - - - - - - - - - - - - - -
5,743 68,773 63,030 1,116 1,116 3,863 3,863 - - - - - - - 329,639 329,639
445,431 766,910 321,479 - 1,116 1,116 - 333,502 333,502 - - - - - - - - -
- - - - - - - - -
- - - - 5,075 (5,075) - - -
415,000 4,835 410,165 - - - - - - - - - - - - - - -
315,100 - 315,100 - - - - - -
- - - - - - - - -
- - - - - - - - -
730,100 4,835 725,265 - 5,075 (5,075) - - - (284,669) 762,075 1,046,744 - (3,959) (3,959) - 333,502 333,502 - - - - - - - - -
- - - - - - - - -
- - - - - - - - -
(284,669)$ 762,075 1,046,744$ -$ (3,959) (3,959)$ -$ 333,502 333,502$ 2,312,113 48,118 -
3,074,188$ 44,159$ 333,502$
(Continued)
141

Page 174 of 233 ends

CITY OF CONCORD

BUDGETED NON-MAJOR FUNDS

COMBINING SCHEDULE OF REVENUES, EXPENDITURES

AND CHANGES IN FUND BALANCES

BUDGET AND ACTUAL
FOR THE YEAR ENDED JUNE 30, 2023

OPIOID SETTLEMENT FUND ASSESSMENT DISTRICTS
Variance Variance
Positive Positive
Budget Actual (Negative) Budget Actual (Negative)
REVENUES:

Taxes - $ -$ - $ - $ - $ - $
Licenses and Permits - - - - - -
Franchises - - - - - -
Intergovernmental - - - - - -
Charges for Services - - - - - -
Fines, Forfeitures and Penalties - - - - - -
Use of Money and Property - 594 594 79 113 34 Other - - - - - -
Total Revenues - 594 594 79 113 34 EXPENDITURES:

Current:

General Government - - - - - -
Public Safety - - - - - -
Public Works - - - - - -
Community and Economic Development - - - - - -
Recreation Services - - - - - -
Capital Outlay - - - - - -
Debt Service:

Principal Repayment - - - - - -
Interest and Fiscal Charges - - - - - -
Total Expenditures - - - - - -

EXCESS (DEFICIENCY) OF REVENUES
OVER (UNDER) EXPENDITURES - 594 594 79 113 34 OTHER FINANCING SOURCES (USES):

Transfers In - - - - - -
Transfers (Out) - - - - - -
Total Other Financing Sources (Uses) - - - - - -
SPECIAL ITEM:

Loans receivable - change in accounting policy
Net Changes in Fund Balances -$ 594 594 $ 79 $ 113 34 $ Fund Balances (Deficit) at Beginning of Year - (1,045)
Fund Balances (Deficit) at End of Year 594$ (932) $ 142

Page 175 of 233 ends

ENERGY LEASE INFRASTRUCTURE LEASE AGREEMENT
Variance Variance
Positive Positive
Budget Actual (Negative) Budget Actual (Negative)
-$ -$ -$ -$ -$ -$
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - 12,556 12,556
- - - - - -
- - - - 12,556 12,556
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
770,000 770,000 - 7,371,078 3,870,000 3,501,078 103,486 103,486 - 128,922 3,631,300 (3,502,378) 873,486 873,486 - 7,500,000 7,501,300 (1,300) (873,486) (873,486) - (7,500,000) (7,488,744) 11,256 873,486 873,486 - 7,500,000 7,496,744 (3,256) - - - - - -
873,486 873,486 - 7,500,000 7,496,744 (3,256) -$ - -$ -$ 8,000 8,000$
1 13,165
1$ 21,165$
143

Page 176 of 233 ends

This Page Left Intentionally Blank

Page 177 of 233 ends

CITY OF CONCORD JUNE 30, 2023

INTERNAL SERVICE FUNDS
Internal Service Funds are used to finance and account for special activities and services performed by a designated department for other departments in the City on a cost reimbursement basis.

The concept of major funds does not extend to internal service funds because they do not do business with outside parties. Generally accepted accounting principles require that for the Stat ement of Activities, the net revenues or expenses of each internal service fund be eliminated by netting them against the operations of the other City departments which generated them. The remaining balance sheet items are consolidated with these same funds in the Governmental Activities Statement of Net Position.

However, internal service funds are still presented sepa rately in the Fund financial statements, including the funds below:

Worker's Compensation Fund. To account for workers' compensation expenses. This fund is financed by fees charged to the City departments.

Risk Management/Liability Fund. To account for the non-reimbursable portion of insurance claims.

Post-Retirement HealthCare Benefit Fund. To account for the contributions and benefits paid in relation to the Post-Retirement Health Care Program.

Fleet Maintenance/Replacement Fund. To accumulate resources to fund the replacement of City licensed vehicles and motorized equipment.

Information Technology Replacement Fund. To accumulate resources to fund the replacement of computers and software for City staff.

Building Maintenance Fund. To accumulate resources required to maintain City facilities.

Compensated Absences Fund. To accumulate funds for the City’s liability associated with employee leave balances attributable to past service and it is probab le that the City will compensate the employees for the benefits through paid time off or some other means, such as cash payment at termination or retirement. 145

Page 178 of 233 ends

CITY OF CONCORD

INTERNAL SERVICE FUNDS

COMBINING STATEMENT OF NET POSITION
JUNE 30, 2023
Risk Post-Retirement Fleet
Workers' Mana gement/ Healthcare Maintenance/
Compensation Liabilit y Benefit Re placement
ASSETS
Current Assets:

Cash and Investments 22,829,827$ -$ -$ 9,262,396$ Accounts Receivable - 8,160,979 3,070,000 - Total Current Assets 22,829,827 8,160,979 3,070,000 9,262,396 Advances to Other Funds 4,457,692 - - -
Capital Assets
Buildings and Improvements - - - -
Equipment - - - 14,870,400
Intangible Asset - - - -
Construction In Progress - - - 490,728
Less: Accumulated Depreciation - - - (13,270,132)
Net Capital Assets - - - 2,090,996
Total Assets 27,287,519 8,160,979 3,070,000 11,353,392

LIABILITIES
Current Liabilities:

Accounts Payable - - - -
Accrued Liabilities - - - 8,957
Due to Other Funds - 3,712,397 2,651,851 - Interest Payable - - - -
Compensated Absences Payable - - - 20,280
Capital Lease Payable - - - -
Subscription Liability - - - -
Claims Payable 2,360,742 1,401,738 - - Total Current Liabilities 2,360,742 5,114,135 2,651,851 29,237 Non-Current Liabilities
Compensated Absences Payable - - - -
Claims Payable 11,466,278 1,814,259 - - Long-Term Debt:

Due in More Than One Year - - - -
Total Liabilities 13,827,020 6,928,394 2,651,851 29,237

NET POSITION
Net Investment in Ca
pital Assets - - - 2,090,996
Unrestricted 13,460,499 1,232,585 418,149 9,233,159 Total Net Position 13,460,499$ 1,232,585$ 418,149$ 11,324,155$ 146

Page 179 of 233 ends

Information
Technology Building Compensated
Replacement Maintenance Absences Total
17,111,403$ 3,400,966$ -$ 52,604,592$
- - - 11,230,979
17,111,403 3,400,966 - 63,835,571
- - - 4,457,692
- 48,362,156 - 48,362,156
25,383,636 - - 40,254,036
882,178 - - 882,178
2,120,312 132,762 - 2,743,802
(23,786,941) (34,048,593) - (71,105,666)
4,599,185 14,446,325
- 21,136,506
21,710,588 17,847,291 - 89,429,769
3,051 18,841 - 21,892
27,546 10,936 - 47,439
- - - 6,364,248
31,599 - - 31,599
93,935 51,230 3,253,503 3,418,948
357,155 - - 357,155
371,129 - - 371,129
- - - 3,762,480
884,415 81,007 3,253,503 14,374,890 131,796 - 2,538,805 2,670,601
- - - 13,280,537
1,130,722 - - 1,130,722
2,146,933 81,007 5,792,308 31,456,750 2,740,179 14,446,325 - 19,277,500
16,823,476 3,319,959 (5,792,308) 38,695,519 19,563,655$ 17,766,284$ (5,792,308)$ 57,973,019$ 147

Page 180 of 233 ends

CITY OF CONCORD

INTERNAL SERVICE FUNDS

COMBINING STATEMENT OF REVENUES, EXPENSES AND

CHANGES IN FUND NET POSITION
FOR THE YEAR ENDED JUNE 30, 2023
Risk Post-Retirement Flee t
Workers' Mana gement/ Healthcare Maintenance /
Compensation Liabilit y Benefit Replacement

OPERATING REVENUES
Charges for services 5,361,993$ 10,171,162$ 4,464,388$ 3,926,066$ Other 37,018 - 3,070,000 -
Total Operating Revenues 5,399,011 10,171,162 7,534,388 3,926,066

OPERATING EXPENSES
Operations and Maintenance 624,154 1,151,121 8,072,950 2,597,595 Cost of Sales and Services - - 61,368 -
Depreciation - - - 1,080,017
Claims and Judgments 1,158,913 8,743,728 - - Total Operating Expenses 1,783,067 9,894,849 8,134,318 3,677,612 Operating Income (Loss) 3,615,944 276,313 (599,930) 248,454

NONOPERATING REVENUES (EXPENSES)
Interest and Other Income 524,403
70,946 - 234,748
Interest and Other Expense - - - -
Total Non-Operating Revenues (Expenses) 524,403 70,946 - 234,748 Income (Loss) Before Transfers 4,140,347 347,259 (599,930) 483,202 Transfers in -
- - 550,000
Transfers out - - - (7,256)
Net Contributions and Transfers -
- - 542,744
Changes in Net Position 4,140,347 347,259 (599,930) 1,025,946 Net Position (Deficit) Beginning 9,320,152 885,326 1,018,079 10,298,209 Net Position (Deficit) Ending 13,460,499$ 1,232,585$ 418,149$ 11,324,155$ 148

Page 181 of 233 ends

Information
Technology Building Compensated
Replacement Maintenance Absences Total
10,493,769$ 3,525,650$ -$ 37,943,028$
- - - 3,107,018
10,493,769 3,525,650 - 41,050,046
8,463,856 3,524,600 556,515 24,990,791 - - - 61,368
2,189,354 1,310,312 - 4,579,683
- - - 9,902,641 -
10,653,210 4,834,912
556,515 39,534,483
(159,441) (1,309,262) (556,515) 1,515,563 420,646 95,210 - 1,345,953 (88,304) - - (88,304)
332,342 95,210
- 1,257,649
172,901 (1,214,052) (556,515) 2,773,212 - 600,000 - 1,150,000
(60,000) (209,637) - (276,893)
(60,000) 390,363 - 873,107
112,901 (823,689) (556,515) 3,646,319 19,450,754 18,589,973 (5,235,793) 54,326,700 19,563,655$ 17,766,284$ (5,792,308)$ 57,973,019$ 149

Page 182 of 233 ends

CITY OF CONCORD

INTERNAL SERVICE FUNDS

COMBINING STATEMENTS OF CASH FLOWS
FOR THE YEAR ENDED JUNE 30, 2023
Risk Post-Retirement Fleet
Workers' Mana gement/ Healthcare Maintenance/
Compensation Liabilit y Benefit Re placement

CASH FLOWS FROM OPERATING ACTIVITIES
Receipts from Customers 4,774,545$ 859,062$ 5,736,148$ 3,926,066$ Payments to Suppliers - - (5,066,303) (1,778,029) Payments to Employees - - - (825,282)
Claims Paid (1,259,613) (8,846,950) - -
Net Cash Provided by (Used for)
Operating Activities 3,514,932 (7,987,888) 669,845 1,322,755

CASH FLOWS FROM NON-CAPITAL

FINANCING ACTIVITIES
Borrowings of Advances From/To Other Funds 76,923 3,712,397 (669,845) - Transfers In - - - 550,000
Transfers (Out) - - - (7,256)
Net Cash Provided by (used for) Non-Capital
Financing Activities 76,923 3,712,397 (669,845) 542,744

CASH FLOWS FROM CAPITAL AND RELATED

FINANCING ACTIVITIES -
Acquisition and Construction of Capital Assets - - - (2,013,655) Principal Paid on SBITA
Principal Paid on Debt, Bond Maturities - - - -
Interest and Fiscal Charges Paid - - - -
Net Cash Provided by (used for) Capital and
Related Financing Activities - - - (2,013,655)

CASH FLOWS FROM INVESTING ACTIVITIES
Interest Received 524,403 70,946 - 234,748
Net Cash Provided by (used for) Investing Activities 524,403 70,946 - 234,748 Net Increase (Decrease) in Cash and
Cash Equivalents 4,116,258 (4,204,545) - 86,592 Cash and Investments at Beginning of Period 18,713,569 4,204,545 $ - 9,175,804 Cash and Investments at End of Period 22,829,827$ -$ -$ 9,262,396$ Reconciliation of Operating Income (Loss)
to Net Cash Provided by Operating Activities:

Operating Income (Loss) 3,615,944$ 276,313$ (599,930)$ 248,454$ Adjustments to Reconcile Operating Income
to Net Cash Provided by Operating Activities:

Depreciation - - - 1,080,017
Change in Assets and Liabilities:

Receivables, Net - (8,160,979) 1,271,760 -
Accounts Payable - - (1,985) (16,318)
Accrued liabilities (312) - - 2,816
Compensated Absences - - - 7,786
Self Insurance Claims Payable (100,700) (103,222) - - Net Cash Provided by (Used for) Operating Activities 3,514,932$ (7,987,888)$ 669,845$ 1,322,755$ 150

Page 183 of 233 ends

Information
Technology Building Compensated
Replacement Maintenance Absences Total
10,493,769$ 3,525,650$ -$ 29,315,240$
(5,846,112) (2,333,410) - (15,023,854)
(2,655,404) (1,246,717) - (4,727,403)
- -
- (10,106,563)
1,992,253 (54,477) - (542,580)
- -
- 3,119,475
- 600,000 - 1,150,000
(60,000) (209,637) - (276,893)
(60,000) 390,363 - 3,992,582
(558,137) (132,763) - (2,704,555)
(374,060) (374,060)
(347,712) - - (347,712)
(139,905) - - (139,905)
(1,419,814) (132,763) - (3,566,232)
420,646 95,210
- 1,345,953
420,646 95,210 - 1,345,953
933,085 298,333 - 1,229,723
16,178,318 3,102,633 51,374,869
17,111,403$ 3,400,966$ -$ 52,604,592$
(159,441)$ (1,309,262)$ (556,515)$ 1,515,563$ 2,189,354 1,310,312 - 4,579,683
- - - (6,889,219)
(61,214) (19,454) - (98,971)
3,326 34
- 5,864
20,228 (36,107) 556,515 548,422
- - - (203,922)
1,992,253$ (54,477)$ -$
(542,580)$
151

Page 184 of 233 ends

This Page Left Intentionally Blank

Page 185 of 233 ends

CITY OF CONCORD JUNE 30, 2023

STATISTICAL TABLES AND OTHER SCHEDULES (UNAUDITED)

Page 186 of 233 ends

This Page Left Intentionally Blank

Page 187 of 233 ends

CITY OF CONCORD JUNE 30, 2023

STATISTICAL TABLES AND OTHER SCHEDULES (UNAUDITED)
This part of the City’s Annual Comprehensive Financial Report presents detailed information as a context for understanding what the information in the fina ncial statements, note disclosures, and required supplementary information discusses ab out the City’s overall financial health. In contrast to the financial section, the statistical section information is not subject to independent audit.

Financial Trends
These schedules contain trend information to help the reader understand how the City’s financial performance and well- being have changed over time:
• Net Position by Component
• Changes in Net Position
• Fund Balance of Governmental Funds
• Changes in Fund Balance of Governmental Funds
Revenue Capacity
The schedules contain information to help the reader assess the City’s significant local revenue sources, the property tax and the sales tax:
• Assessed and Estimated Actual Value of Taxable
Property
• Taxable Sales by Category
• Property Tax Rates, Direct and Overlapping
Governments
• Sales Tax Rates
• Principal Property Taxpayers • Top 25 Sales Tax Producers • Property Tax Levies and Collections
Debt Capacity
These schedules present information to help the reader assess the affordab ility of the City’s current levels of outstanding debt and the City of Concord’s ability to issue additional debt in the future:
• Ratio of Outstanding Debt by Type
• Direct and Overlapping Debt
• Computation of Legal Bonded Debt Margin
• Sewer Revenue Bonds Coverage
• Bonded Debt Pledged Revenue Coverage - Tax Allocation Bonds Demographic and Economic Information
These schedules offer demographic and economic indicators to help the reader understand the environment within which the City’s financial activities take place:
• Demographic and Economic Statistics
• Principal Employers
Operating Information
These schedules contain service and infrastructure data to help the reader understand how the information in the City’s financial report relates to the services the City provides and the activities it performs:
• Full-Time Equivalent (FTE) City Government Employees by Function • Operating Indicators by Function/Program
• Capital Asset Statistics by Function/Program
Sources
Unless otherwise noted, the information in these schedules is derived from the Annual Comprehensive Financial Reports for the relevant year.
155

Page 188 of 233 ends

This Page Left Intentionally Blank

Page 189 of 233 ends

Table 1: Net Position by Component
Last Ten Fiscal Years (Accrual Basis of Accounting)
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Governmental Activities
Net Investment in Capital
Assets $618,444,600 $585,592,444 $589,252,002 $587,171,677 $582,183,019 $572,790,039 $561,198,070 $541,706,437 $530,314,569 $541,793,735 Restricted 46,681,397 41,237,857 40,851,626 66,326,202 62,391,506 64,537,706 65,058,755 66,839,604 91,225,647 83,044,107 Unrestricted 56,944,430 (56,475,621) (47,810,150) (75,116,464) (110,301,555) (119,503,391) (123,583,432) (110,262,539) (94,017,430) (74,085,369) Total Governmental
Activities Net
Position $722,070,427 $570,354,680 $582,293,478 $578,381,415 $534,272,970 $517,824,354 $502,673,393 $498,283,502 $527,522,786 550,752,473 Business-Type Activities
Net Investment in Capital
Assets $56,304,062 $53,687,074 $50,820,240 $47,536,924 $46,948,620 $49,674,672 $50,328,261 $50,550,507 $49,463,249 $50,861,258 Restricted
Unrestricted 10,651,600 12,127,606 15,646,475 21,202,439 24,478,697 25,679,978 28,073,896 33,477,518 42,948,704 49,809,226 Total Business-
Type Activities Net
$66,955,662 $65,814,680 $66,466,715 $68,739,363 $71,427,317 $75,354,650 $78,402,157 $84,028,025 $92,411,953 $100,670,484 Primary Government
Net Investment in Capital
Assets $674,748,662 $639,279,518 $640,072,242 $634,708,601 $629,131,639 $622,464,711 $611,526,331 $592,256,944 $579,777,818 592,654,993 Restricted 46,681,397 41,237,857 40,851,626 66,326,202 62,391,506 64,537,706 65,058,755 66,839,604 91,225,647 83,044,107 Unrestricted 67,596,030 (44,348,015) (32,163,675) (53,914,025) (85,822,858) (93,823,413) (95,509,536) (76,785,021) (51,068,726) (24,276,143) Total Primary
Government Net
Position $789,026,089 $636,169,360 $648,760,193 $647,120,778 $605,700,287 $593,179,004 $581,075,550 $582,311,527 $619,934,739 $651,422,957 Fiscal Year Ended June 30,
$0
$100
$200
$300
$400
$500
$600
$700
$800
$900
$1,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Millions
Net Investment in Capital Assets Restricted Unrestricted 157

Page 190 of 233 ends

Table 2: Changes in Net Position
Last Ten Fiscal Years (Accrual Basis of Accounting)
2014 2015 2016 2017 2018
Expenses
Governmental Activities:

General Government $17,720,024 $19,637,142 $13,936,670 $16,582,756 $19,717,835 Public Safety 43,124,635 48,814,600 48,436,133 55,692,961 Public Works 37,036,728 33,134,581 20,568,699 35,438,199 36,908,454 Community Development 8,634,948 9,953,592 14,089,870 13,965,084 15,904,601 Economic Development and Base Reuse
Parks and Recreation 5,803,618 4,870,437 5,062,929 5,886,667 5,439,542 Recreation Services
Interest on Long Term Debt 1,356,197 1,273,563 1,216,836 1,160,987 1,494,780 Total Governmental Activities Expenses 113,676,150 117,683,914 103,311,137 128,726,654 79,465,212 Business-Type Activities:

Sewer 26,764,449 25,835,431 26,720,865 27,761,599 31,036,421 Golf Course 1,351,250 1,333,597 1,530,829 1,456,261 1,484,585 Total Business-Type Activities Expenses 28,115,699 27,169,028 28,251,694 29,217,860 32,521,006 Total Primary Government Expenses $141,791,849 $144,852,942 $131,562,831 $157,944,514 $111,986,218 Program Revenues
Governmental Activities:

Charges for Services:

General Government $1,960,144 $2,207,723 $1,597,487 1,612,058 1,595,480 Public Safety 1,459,631 1,222,722 1,384,021 1,228,543 1,401,039 Public Works 2,568,214 349,321 568,733 1,491,617 1,068,348 Community Development 4,421,290 4,105,601 5,307,348 7,165,958 6,945,682 Economic Development and Base Reuse
Parks and Recreation 3,140,708 2,928,447 2,732,366 2,859,377 3,131,394 Recreation Services
Operating Grants and Contributions 7,839,509 40,439,282 38,455,430 6,909,863 4,654,854 Capital Grants and Contributions 8,240,626 5,941,945 9,732,184 11,109,794 14,048,546 Total Governmental Activities Program Revenues 29,630,122 57,195,041 59,777,569 32,377,210 32,845,343 Business-Type Activities:

Charges for Services:

Sewer Wastewater 22,099,344 24,349,277 27,319,039 29,
921,759 33,133,014
Golf Course 1,442,836 1,449,756 1,406,707 1,329,987 1,510,340 Capital Grants and Contributions 96,626 85,532 173 16,427 Total Business-Type Activities Program Revenue 23,638,806 25,884,565 28,725,919 31,251,746 34,659,781 Total Primary Government Program Revenues $53,268,928 $83,079,606 $88,503,488 $63,628,956 $67,505,124 Net (Expense)/Revenue
Governmental Activities ($84,046,028) ($60,488,873) ($43,533,568) ($96,349,444) ($46,619,869) Business-Type Activities (4,476,893) (1,284,463) 474,225 2,033,886 2,138,775 Total Primary Government Net Expense ($88,522,921) ($61,773,336) ($43,059,343) ($94,315,558) ($44,481,094) General Revenues and Other Changes in Net Position
Governmental Activities:

Taxes:

Property Taxes $15,707,019 $17,457,504 $18,211,711 $19,185,672 $20,469,886 Sales Taxes 40,070,675 11,554,083 12,134,557 46,004,776 48,474,643 Transient Occupancy Taxes 2,262,589 2,619,411 2,713,073 2,917,223 3,039,725 Business License Taxes 3,324,299 3,423,860 3,521,309 3,738,976 3,795,848 Other Taxes 5,962,699 6,188,928 7,222,669 7,623,072 8,174,327 Motor Vehicle In-Lieu 8,073,738 8,864,341 9,519,809 10,056,999 10,610,977 Investment Earnings 1,304,981 2,507,489 2,631,738 2,910,663 3,531,722 Miscellaneous Revenues (482,500)
Restructure Investment in Partnership (2,362,972)
Transfers
Gain (Loss) on Sale of Land
assumed by Successor Agency
Total Governmental Activities 76,706,000 50,252,644 55,472,366 92,437,381 98,097,128 Business-Type Activities:

Investment Earnings 208,050 93,481 127,810 221,459 549,179 Miscellaneous Revenues 92,504 50,000 50,000 17,303
Transfers
Total Business-Type Activities 300,554 143,481 177,810 238,762 549,179 Total Primary Government $77,006,554 $50,396,125 $55,650,176 $92,676,143 $98,646,307 Change in Net Position
Governmental Activities ($7,340,028) ($10,236,229) $11,938,798 ($3,912,063) $51,477,259 Business-Type Activities (4,176,339) (1,140,982) 652,035 2,272,648 2,687,954 Total Primary Government ($11,516,367) ($11,377,211) $12,590,833 ($1,639,415) $54,165,213 Note: (a) In FY 2020-21, Economic Development was transferred from Community Development to Economic Development and Base Reuse. (b) In FY 2022-23, Parks and Recreation was changed to Recreation Services.

Fiscal Year Ended June 30,
158

Page 191 of 233 ends

Table 2: Changes in Net Position (continued)
Last Ten Fiscal Years (Accrual Basis of Accounting)
2019 2020 2021 (a) 2022 2023 (b)
Expenses
Governmental Activities:

General Government $39,757,686 $39,791,046 $39,002,810 $42,401,112 $52,864,575 Public Safety 68,736,160 72,492,181 66,267,792 55,878,311 73,229,387 Public Works 15,317,513 14,497,917 13,593,654 13,612,352 16,920,422 Community Development 18,245,689 17,769,196 15,430,089 11,981,076 14,587,310 Economic Development and Base Reuse 4,211,689 1,510,058 3,382,778 Parks and Recreation 7,147,114 7,069,156 6,041,570 7,031,117 Recreation Services 8,241,853
Interest on Long Term Debt 1,020,071 941,699 1,439,649 4,157,942 3,454,831 Total Governmental Activities Expenses 150,224,233 152,561,195 145,987,253 136,571,968 172,681,156 Business-Type Activities:

Sewer 32,911,331 36,565,521 35,308,937 33,219,397 37,063,467 Golf Course 1,447,348 1,601,547 1,676,402 1,801,508 1,792,022 Total Business-Type Activities Expenses 34,358,679 38,167,068 36,985,339 35,020,905 38,855,489 Total Primary Government Expenses $184,582,912 $190,728,263 $182,972,592 $171,592,873 $211,536,645 Program Revenues
Governmental Activities:

Charges for Services:

General Government 843,783 898,676 908,898 1,626,091 2,563,554 Public Safety 1,269,483 1,495,111 723,768 1,140,958 1,199,134 Public Works 636,304 3,405,245 1,350,050 2,464,246 4,846,873 Community Development 7,901,518 7,099,717 7,857,293 8,272,450 9,083,836 Economic Development and Base Reuse 2,709 7,095 10,562
Parks and Recreation 2,959,467 2,098,265 1,577,804 3,802,648 Recreation Services 4,214,177
Operating Grants and Contributions 4,377,022 3,970,247 5,163,840 9,552,896 12,833,308 Capital Grants and Contributions 13,505,029 11,815,948 13,418,012 13,325,322 21,010,002 Total Governmental Activities Program Revenues 31,492,606 30,783,209 31,002,374 40,191,706 55, 761,446
Business-Type Activities:

Charges for Services:

Sewer Wastewater 35,880,678 38,409,908 39,723,870 41,236,631 43,692,942 Golf Course 1,476,636 1,632,993 2,610,973 2,359,290 2,208,772 Capital Grants and Contributions
Total Business-Type Activities Program Revenue 37,357,314 40,042,901 42,334,843 43,595,921 45,901,714 Total Primary Government Program Revenues $68,849,920 $70,826,110 $73,337,217 $83,787,627 $101,663,160 Net (Expense)/Revenue
Governmental Activities ($118,731,627) ($121,777,986) ($114,984,879) ($96,380,262) ($116,919,710) Business-Type Activities 2,998,635 1,875,833 5,349,504 8,575,016 7,046,225 Total Primary Government Net Expense ($115,732,992) ($119,902,153) ($109,635,375) ($87,805,246) ($109,873,485) General Revenues and Other Changes in Net Position
Governmental Activities:

Taxes:

Property Taxes $21,818,338 $23,212,753 $24,115,482 $25,239,418 $26,509,921 Sales Taxes 49,185,212 48,059,150 58,795,766 73,890,982 74,807,013 Transient Occupancy Taxes 2,933,099 2,531,487 1,960,534 2,197,673 2,259,583 Business License Taxes 4,015,577 3,792,877 3,685,324 4,016,929 4,224,521 Other Taxes 8,282,066 9,059,762 8,592,910 8,811,400 9,628,418 Motor Vehicle In-Lieu 11,445,342 12,195,444 12,784,112 13,236,505 14,205,304 Investment Earnings 4,146,894 6,676,564 666,435 (1,770,361) 8,422,432 Miscellaneous Revenues
Restructure Investment in Partnership
Transfers (5,575) (3,000) 73,443
Gain (Loss) on Sale of Land 1,098,988 18,762
assumed by Successor Agency 456,483
Total Governmental Activities 102,283,011 106,627,025 110,594,988 125,619,546 140,149,397 Business-Type Activities:

Investment Earnings 928,698 1,171,674 270,789 (194,088) 1,285,749 Miscellaneous Revenues
Transfers 5,575 3,000 (73,443)
Total Business-Type Activities 928,698 1,171,674 276,364 -191,088 1,212,306 Total Primary Government $103,211,709 $107,798,699 $110,871,352 $125,428,458 $141,361,703 Change in Net Position
Governmental Activities ($16,448,616) ($15,150,961) ($4,389,891) $29,239,284 $23,229,687 Business-Type Activities 3,927,333 3,047,507 5,625,868 8,383,928 8,258,531 Total Primary Government ($12,521,283) ($12,103,454) $1,235,977 $37,623,212 $31,488,218 Fiscal Year Ended June 30,
159

Page 192 of 233 ends

Table 3: Fund Balance of Governmental Funds
Last Ten Fiscal Years (Modified Accrual Basis of Accounting) 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
General Fund
Nonspendable $3,166,230 $5,300,213 $7,678,457 $9,459,544 $9,445,016 $8,386,175 $11,746,479 $11,804,305 $11,881,228 $12,057,873 Restricted 14,424 12,180 10,101 872,011 1,173,144 1,545,386 Assigned 795,794 1,252,513 4,475,678 1,923,138 2,067,659 2,029,710 1,983,462 3,304,968 3,314,375 4,097,068 Unassigned 20,700,348 27,381,312 23,648,756 28,174,416 26,940,887 32,178,645 29,029,216 42,634,838 45,490,014 47,661,556 Total General
Fund $24,662,372 $33,934,038 $35,802,891 $39,557,098 $38,467,986 $42,606,710 $42,769,258 $58,616,122 $61,858,761 $65,361,883 All Other Governmental Funds
Nonspendable $5,378,858 $1,862,800 $4,646,748 $11,784 $2,561,514 Restricted 46,681,397 70,264,462 67,547,802 66,326,202 62,391,506 $70,914,380 $71,493,015 $187,787,269 $192,238,110 $151,097,469 Assigned 889,276 1,310,956 3,765,571 4,861,181 5,609,181 3,565,866 6,872,198 7,556,051 23,327,936 38,463,053 Unassigned (533,646) (1,463) (1,423) (1,380) (1,320) (1,230) (1,144) (52,993) (1,045) (2,505,751) Total All Other
Governmental
Funds
$52,415,885 $73,436,755 $75,958,698 $71,197,787 $70,560,881 $74,479,016 $78,364,069 $195,290,327 $215,565,001 $187,054,771 $0
$5
$10
$15
$20
$25
$30
$35
$40
$45
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Millions
Nonspendable Restricted Assigned Unassigned
160

Page 193 of 233 ends

This Page Left Intentionally Blank

Page 194 of 233 ends

Table 4: Change in Fund Balance of Governmental Funds Last Ten Fiscal Years (Modified Accrual Basis of Accounting) 2014 2015 2016 2017 2018
Revenues
Taxes $75,401,019 $50,108,127 $53,323,128 $89,526,717 $94,565,406 Motor Vehicle in Lieu, Unrestricted
Licenses and Permits 1,970,553 1,850,505 2,190,733 3,457,297 3,249,276 Intergovernmental 12,885,940 41,713,386 46,499,748 12,386,529 14,019,651 Charges for Services 5,612,534 5,978,672 5,876,652 7,317,423 7,042,046 Fines, Forfeitures and Penalties 761,785 796,512 774,534 723,440 719,231 Parks and Recreation 2,818,062 2,928,447 2,831,036 2,859,377 3,131,397 Recreation Services
Use of Money and Property 1,009,907 2,310,630 2,354,703 2,594,695 3,079,499 Special Assessment Collections 6,832 1,125
Other 5,275,468 6,011,512 1,768,268 4,737,973 5,502,246 Total Revenues 105,742,100 111,698,916 115,618,802 123,603,451 131,308,752 Expenditures
Current:

General Government 18,605,624 19,047,800 15,581,374 15,525,619 19,243,077 Public Safety 44,136,225 45,819,891 50,507,794 54,183,706 57,813,409 Public Works 10,425,279 10,951,657 11,854,456 12,282,569 12,683,894 Economic Development and Base Reuse
Community Development 8,749,004 9,498,491 14,294,898 13,648,938 15,688,158 Parks and Recreation 5,713,152 4,550,920 5,004,907 5,311,993 5,340,701 Recreation Services
Capital Outlay 3,663,569 5,259,873 8,653,279 19,124,097 17,831,088 Debt Service:

Principal Repayment 3,013,844 1,971,156 3,355,956 3,394,025 3,340,000 Interest and Fiscal Charges 1,246,501 1,197,281 1,220,728 1,182,775 1,464,343 Total Expenditures 95,553,198 98,297,069 110,473,392 124,653,722 133,404,670 Excess (Deficiency) of Revenues Over
(Under) Expenditures 10,188,902 13,401,847 5,145,410 (1,050,271) (2,095,918) Other Financing Sources (Uses)
Tra
nsfers In 3,686,553 4,694,031 12,921,595 6,911,566 10,983,035 Transfers (Out) (3,541,691) (5,401,418) (13,676,209) (6,867,999) (10,807,816) Issuance of long-term debt
Bond issuance premium
Proceeds from Sale of Property
Proceeds from Refunding Bonds 6,820,000
Proceeds from Debt Issuance 20,000,000
Payments to Refunded Bond Escrow (6,625,319)
Total Other Financing Sources (Uses) 144,862 19,292,613 (754,614) 43,567 369,900 Special/Extraordinary Items
Loans Receivable - Change in accounting Policy
Partnership Note Restructuring
by the Successor Agency (2,384,126)
Total Special/Extraordinary Items (2,384,126)
Net Change in Fund Balances $10,333,764 $30,310,334 $4,390,796 ($1,006,704) ($1,726,018) Debt Service as a Percentage of
Non-Capital Expenditures 4.0% 4.4% 3.4% 5.3% 4.1%
(a) Economic Development was transferred out of Community Development during 2021. (b) Motor Vehicle in Lieu was moved out of the Taxes category in fiscal year 2021. Prior year amounts were not revised. (c) In FY 2022-23, Parks and Recreation was changed to Recreation Services.

Fiscal Year Ended June 30,
162

Page 195 of 233 ends

Table 4: Change in Fund Balance of Governmental Funds (Continued) Last Ten Fiscal Years (Modified Accrual Basis of Accounting) 2019 2020 2021 (a)(b) 2022 2023 (c)
Revenues
Taxes $97,679,634 $98,461,535 $97,076,921 $114,156,402 $117,429,456 Motor Vehicle in Lieu, Unrestricted 12,784,112 13,236,505 14,205,304 Licenses and Permits 2,483,185 4,997,645 3,314,719 4,206,114 7,042,942 Intergovernmental 16,676,525 11,521,918 16,345,516 21,686,331 27,484,215 Charges for Services 8,041,075 8,075,358 7,965,906 8,779,626 9,233,147 Fines, Forfeitures and Penalties 935,560 718,220 294,925 423,599 383,865 Parks and Recreation 2,959,467 1,845,834 1,329,657 2,565,628 Recreation Services 2,981,963
Use of Money and Property 3,789,572 6,135,591 687,412 (1,423,041) 8,925,372 Special Assessment Collections 8,486 6,033 7,795 8,307
Other 5,171,706 5,244,106 1,432,252 1,743,048 3,212,937 Total Revenues 137,736,724 137,008,693 141,237,453 165,382,007 190,907,508 Expenditures
Current:

General Government 15,978,713 16,665,500 15,861,573 20,463,554 29,444,413 Public Safety 59,348,021 61,971,216 58,860,621 64,666,878 70,065,930 Public Works 13,107,750 13,394,012 13,534,439 15,578,502 17,188,953 Economic Development and Base Reuse 4,213,506 1,582,886 3,376,782 Community Development 17,529,921 17,188,821 15,576,523 13,370,779 26,014,516 Parks and Recreation 5,689,238 5,690,676 4,933,881 6,279,567 Recreation Services 6,987,850
Capital Outlay 13,442,007 12,166,259 6,054,893 10,736,298 34,220,336 Debt Service:

Principal Repayment 3,622,000 3,703,000 12,790,000 4,954,286 5,107,104 Interest and Fiscal Charges 1,014,616 967,893 1,595,584 3,831,468 4,177,834 Total Expenditures 129,732,266 131,
747,377 133,421,020 141,464,218 196,583,718
Excess (Deficiency) of Revenues Over
(Under) Expenditures 8,004,458 5,261,316 7,816,433 23,917,789 (5,676,210) Other Financing Sources (Uses)
Transfers In 10,424,941 8,822,097 6,108,973 27,533,602 23,764,666 Transfers (Out) (10,372,540) (11,134,800) (5,919,471) (27,934,078) (24,564,330) Issuance of long-term debt 109,480,000 1,666,291
Bond issuance premium 15,287,187
Proceeds from Sale of Property 1,098,988 18,762
Proceeds from Refunding Bonds
Proceeds from Debt Issuance
Payments to Refunded Bond Escrow
Total Other Financing Sources (Uses) 52,401 (1,213,715) 124,956,689 (400,476) 885,389 Special/Extraordinary Items
Loans Receivable - change in accounting policy (20,216,287) Partnership Note Restructuring
by the Successor Agency
Total Special/Extraordinary Items (20,216,287)
Net Change in Fund Balances $8,056,859 $4,047,601 $132,773,122 $23,517,313 ($25,007,108) Debt Service as a Percentage of
Non-Capital Expenditures 4.0% 3.9% 11.3% 6.7% 5.8%
(a) Economic Development was transferred out of Community Development during 2021. (b) Motor Vehicle in Lieu was moved out of the Taxes category in fiscal year 2021. Prior year amounts were not revised. (c) In FY 2022-23, Parks and Recreation was changed to Recreation Services.

Fiscal Year Ended June 30,
163

Page 196 of 233 ends

Table 5: Assessed and Estimated Actual Value of Taxable Property Last Ten Fiscal Years
Redevelopment Total Real Total
Fiscal City Agency Secured Unsecured Total Estimated Direct Year Property Property Property Property Assessed (a) Full Market (a) Tax Rate (b) 2014 10,742,832,848 1,363,624,486 12,106,457,334 451,080,860 12,557,538,194 12,557,538,194 1% 2015 11,811,954,307 1,433,031,794 13,244,986,101 476,697,389 13,721,683,490 13,721,683,490 1% 2016 12,681,944,657 1,526,960,513 14,208,905,170 493,146,035 14,702,051,205 14,702,051,205 1% 2017 13,449,336,453 1,589,761,444 15,039,097,897 499,520,206 15,539,072,098 15,539,072,098 1% 2018 14,199,964,301 1,714,612,342 15,914,576,643 500,022,045 16,415,052,683 16,415,052,683 1% 2019 15,160,081,885 1,983,980,866 17,144,062,751 534,262,345 17,678,830,545 17,678,830,545 1% 2020 15,991,867,840 2,264,563,696 18,256,431,536 583,376,968 18,840,313,953 18,840,313,953 1% 2021 16,699,330,758 2,420,552,771 19,119,883,529 626,998,306 19,747,387,284 19,747,387,284 1% 2022 17,341,401,841 2,511,040,890 19,852,442,731 608,844,987 20,461,793,167 20,461,793,167 1% 2023 18,583,719,026 2,744,161,774 21,327,880,800 625,166,133 21,953,671,623 21,953,671,623 1% Notes:
(a) The State Constitution requires property to be assessed at one hundred percent of the most recent purchase price, plus an increment of no more than two percent annually, plus any local over-rides.

These values are considered to be full market values.
(b) California cities do not set their own direct tax rate. The State Constitution establishes the rate at 1% and allocat
es a portion of that amount, by an annual calculation, to all the taxing entities within a tax rate area.

The City of Concord encompasses more than 15 tax rate areas.

Source: Contra Costa County Auditor-Controller's Office, Certificate of Assessed Valuations $0
$5
$10
$15
$20
$25
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Billions
Unsecured Property Secured Property
164

Page 197 of 233 ends

Table 6: Property Tax Rates, Direct and Overlapping Governments Last Ten Fiscal Years
Co ntra Costa East Bay Mt. Diablo Unified
Fiscal City & County Bay Area Water Land Regional Park School District & Year Direct Rate Rapid Transit Levy District Community College Total 2014 1.0000 0.0075 0.0042 0.0078 0.0873 1.1068
2015 1.0000 0.0045 0.0037 0.0085 0.1105 1.1272
2016 1.0000 0.0026 0.0035 0.0067 0.1032 1.1160
2017 1.0000 0.0080 0.0032 0.0032 0.0884 1.1028
2018 1.0000 0.0084 0.0030 0.0021 0.0904 1.1039
2019 1.0000 0.0070 0.0028 0.0021 0.1035 1.1154
2020 1.0000 0.0120 0.0026 0.0094 0.1096 1.1336
2021 1.0000 0.0139 0.0025 0.0014 0.1070 1.1248
2022 1.0000 0.0060 0.0023 0.0020 0.1074 1.1177
2023 1.0000 0.0140 0.0021 0.0058 0.0972 1.1191
Notes:

Source: HdL Companies
Overlapping Rates
In 1978, California voters passed Proposition 13 which set the property tax rate at a 1.00% fixed amount. This 1.00% is shared by all taxing agencies for which the subject property resides within. In addition to the 1.00% fixed amount, property owners are charged taxes as a percentage of assessed property values for the payment of any voter approved bonds.

Overlapping rates are those of local and county governments that apply to property owners within the City. Not all overlapping rates apply to all city property owners.
$0.0
$0.2
$0.4
$0.6
$0.8
$1.0
$1.2
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Per Hundred $
Contra Costa Water Land Levy
Mt. Diablo Unified School District & Community College
East Bay Regional Park District
Bay Area Rapid Transit
Baisc County Wide Levy
165

Page 198 of 233 ends

Table 7: Principal Property Taxpayers
Current Year and Nine Years Ago
Percentage Percentage
Assessed of Total Assessed of Total
Primary Land Use Value Rank Assessed Value Value Rank Assessed Value Taubman Land Associates LLC Commercial $303,898,012 1 1.45% $168,295,235 1 1.42% Concord Centercal Owner LLC Commercial 218,048,924 2 1.04% Renaissance Res Holdings LLC Residential 156,994,287 3 0.75% Concord Technology Center Properties Commercial 153,552,883 4 0.73% Seecon Financial and Construction Co Commercial 138,559,991 5 0.66% 60,860,005 6 0.51% Willows Center Concord Commercial 126,813,152 6 0.61% 61,171,986 5 0.51% Sequoia Equities Concord PC LLC Residential 123,345,499 7 0.59% Jamestown Concord Technology Commercial 108,370,828 8 0.52% HM Grant Street LLC Commercial 100,611,282 9 0.48%
Clayton Valley Shopping Center Commercial 79,694,138 10 0.38% 44,932,166 9 0.38% Chevron USA Inc Commercial 117,437,119 2 0.99%
DWF III Concord Technology LLC Commercial 94,455,817 3 0.79% Sierra Pacific Properties Inc Commercial 69,651,649 4 0.59% SFG Owner A LLC Commercial 50,290,422 7 0.42%
Behringer Harvard Renaissance Residential 49,057,009 8 0.41% Concord Center Investors LLC Commercial 44,425,077 10 0.37% Top Ten Total $1,509,888,996 7.21% $760,576,485 6.40%
City Total $20,952,254,492 $11,892,616,261
Source: Tables provided by HdL Companies.
2022-23 2013-14
Property Owner
166

Page 199 of 233 ends

Table 8: Property Tax Levies and Collections
Last Ten Fiscal Years
Percent of
Current Percent Delinquent Total Total Tax County
Fiscal Total Tax of Levy Tax Tax Collections Delinquency Year Tax Levy (a) Collections Collected Collections (a) Collections to Tax Levy Rate (b) 2014 $15,707,019 $15,707,019 100.0000% n/a $15,707,019 100.0000% n/a 2015 17,457,504 17,457,504 100.0000% n/a 17,457,504 100.0000% n/a 2016 18,211,711 18,211,711 100.0000% n/a 18,211,711 100.0000% n/a 2017 19,185,672 19,185,672 100.0000% n/a 19,185,672 100.0000% n/a 2018 20,469,886 20,469,886 100.0000% n/a 20,469,886 100.0000% n/a 2019 21,818,338 21,818,338 100.0000% n/a 21,818,338 100.0000% n/a 2020 23,212,753 23,212,753 100.0000% n/a 23,212,753 100.0000% n/a 2021 24,115,482 24,115,482 100.0000% n/a 24,115,482 100.0000% n/a 2022 25,239,418 25,239,418 100.0000% n/a 25,239,418 100.0000% n/a 2023 26,509,921 26,509,921 100.0000% n/a 26,509,921 100.0000% n/a Notes:

Current tax collections beginning in 1993 have been reduced by a mandatory tax reallocation imposed by the State of California.
(a) During fiscal year 1995, the County began providing the City 100% of its tax levy under an agreement, the Teeter Plan which allows the County to keep all interest and delinquency charges collected. (b) Data is not available for the years being reported.

Source: City of Concord Finance Department
$0.0
$2.5
$5.0
$7.5
$10.0
$12.5
$15.0
$17.5
$20.0
$22.5
$25.0
$27.5
$30.0
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Millions
Total Tax Levy (a) Tax Collections
167

Page 200 of 233 ends

Table 9: Taxable Sales by Category
Last Ten Calendar Years (Dollars in Thousands)
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Apparel Stores $129,620 $133,502 $138,586 $142,501 $146,960 $173,749 $168,580 $112,514 $170,621 $159,342 General Merchandise 313,737 311,632 304,047 302,708 310,343 315,809 313,316 242,987 302,578 333,935 Food Stores 58,493 62,148 63,762 65,119 65,916 68,123 71,154 74,323 73,696 77,132 Eating and Drinking Places 192,642 205,667 225,497 243,476 256,602 278,975 313,946 219,910 297,944 338,122 Building Materials 290,872 312,302 337,834 348,717 286,204 436,609 454,626 468,703 541,125 544,844 Auto Dealers and Supplies 687,432 750,293 855,661 920,088 961,963 918,324 891,375 776,277 904,931 891,307 Service Stations 165,377 168,632 152,664 137,249 147,571 167,913 173,743 119,129 167,138 217,196 Other Retail Stores 336,352 339,263 366,883 375,450 380,199 384,749 362,074 314,038 378,736 397,375 All Other Outlets 654,508 742,367 847,796 888,391 939,375 1,032,773 1,122,054 1,370,111 1,384,363 1,393,773 Total $2,829,033 $3,025,806 $3,292,730 $3,423,699 $3,495,133 $3,777,024 $3,870,868 $3,697,992 $4,221,132 $4,353,027 Note:

Sources: State Board of Equalization, California Department of Taxes and Fees Administration, State Controller's Office, The HdL Companies Due to confidentiality issues, the names of the ten largest revenue payers are not available. The categories presented are intended to provide alternative information regarding the sources of the City's revenue.
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
$3,500,000
$4,000,000
$4,500,000
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
All Other Outlets
Other Retail Stores
Service Stations
Auto Dealers and Supplies
Building Materials
Eating and Drinking Places
Food Stores
General Merchandise
Apparel Stores
168

Page 201 of 233 ends

Table 10: Sales Tax Rates
Last Ten Fiscal Years
Fiscal Year City Direct Rate Contra Costa
County
Bay Area Rapid
Transit
Contra Costa
Transportation
Authority
State of
California Total
2014 1.25% 0.25% 0.50% 0.50% 6.50% 9.00%
2015 1.25% 0.25% 0.50% 0.50% 6.50% 9.00%
2016 1.25% 0.25% 0.50% 0.50% 6.50% 9.00%
2017 1.50% (b) 0.25% 0.50% 0.50% 6.00% (b),(c) 8.75%
2018 1.50% 0.25% 0.50% 0.50% 6.00% 8.75%
2019 1.50% 0.25% 0.50% 0.50% 6.00% 8.75%
2020 1.50% 0.25% 0.50% 0.50% 6.00% 8.75%
2021 2.00% (a) 0.75% (d) 0.50% 0.50% 6.00% 9.75%
2022 2.00% 0.75% 0.50% 0.50% 6.00% 9.75%
2023 2.00% 0.75% 0.50% 0.50% 6.00% 9.75%
Notes:
(a) A full-cent use and transaction tax (Measure V) was originally approved in November 2020 and will continue until ended by voters. (b) The end of the revenue "swap" of Proposition 57 resulted in a 0.25% increase to the local sales tax rate, and 0.25% decrease to the state. (c) Proposition 30 0.25% sales tax increase expired on December 31, 2016. (d) A half-cent sales tax was approved by county voters in November 2020 and expires in 20 years..

Source: California Department of Tax and Fee Administration

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%

7.00%

8.00%

9.00%

10.00%
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
City Direct Rate Contra Costa County Bay Area Rapid Transit Contra Costa Transportation Authority State of California 169

Page 202 of 233 ends

Table 11: Top 25 Sales Tax Producers
Current and Nine Years Ago
2022-23 2013-14
Acura of Concord Acura of Concord
Arco AM PM Arco AM PM
Ashby Lumber Ashby Lumber
Audi Concord Audi of Concord
BMW Concord BMW Concord
Concord Chevrolet Chevron
Concord Honda Concord Chevrolet
Concord Mazda Concord Chrysler Jeep Dodge Ram
Concord Toyota Concord Honda
Costco Concord Nissan
Dolans Concord Lumber Concord Toyota
Future Chrysler Dodge Jeep Ram of Concord Costco
Future Ford Lincoln of Concord Dolans Concord Lumber
Golden State Lumber Frys Electronics
HD Supply Future Ford Lincoln of Concord
Home Depot Home Depot
Lehmers Buick/Pontiac/GMC Independent Electric Supply
Lexus of Concord JC Penney
Lowes Lehmers Buick/Pontiac/GMC
Macy's Lexus of Concord
Pacific States Petroleum Lowes
Patterson Dental Supply Macys
Safeway Neillo Infiniti
Sigler Safeway
TJ Maxx Sears
Fiscal Year Total Paid By Top 25 Accounts
= 45.62%
Source: HdL Companies.

Fiscal Year Total Paid By Top 25 Accounts =

44.31%
170

Page 203 of 233 ends

Table 12: Ratio of Outstanding Debt by Type
Last Ten Fiscal Years (Dollars in Millions)
Certificates Refunding Lease
Fiscal of Revenue Lease Agree- Notes Capital Purchase
Year Participation Bonds ment Payable Lease Agreement SBITA Leases Total 2014 7.7$ 3.5$ 0.5$ 1.8$ 7.7$ 21.2$
2015 24.6 2.6 1.3 7.4 35.9
2016 22.1 2.1 0.7 7.0 32.0
2017 19.7 1.6 0.3 6.6 28.1
2018 17.2 7.6 0.1 24.9
2019 14.6 6.5 0.0 21.1
2020 12.1 5.3 2.5 19.9
2021 $124.8 4.6 2.2 131.6
2022 119.8 3.9 1.8 125.5
2023 115.2 3.1 1.5 1.1$ 0.5$ 121.4
Certificates Total Percentage
Fiscal of Primary of Personal Per
Year Participation Total Government Income (a) Capita (a) 2014 20.4$ 20.4$ 41.6$ 1.39% 454.7$
2015 19.5 19.5 55.4 1.43% 443.3
2016 18.2 18.2 50.2 1.28% 361.1
2017 17.1 17.1 45.2 1.13% 352.3
2018 16.2 16.2 41.1 0.98% 318.0
2019 14.9 14.9 36.0 0.81% 277.4
2020 13.8 13.
8 33.7 0.71% 258.4
2021 12. 7 12.7 138.
2 2.68% 1,069.1
2022 11.5 11.5 137.0 2.66% 1,059.8
2023 10.3 10.3 131.7 2.47% 1,065.2
Notes:

Debt amounts exclude any premiums, discounts, or other amortization amounts. (a) See Demographic and Economic Statistics for personal income and population data.

SourcesCity of Concord Finance Department
State of California, Department of Finance (population) U.S. Department of Commerce, Bureau of the Census (income) Governmental Activities
Business-Type Activities
$-
$15.0
$30.0
$45.0
$60.0
$75.0
$90.0
$105.0
$120.0
$135.0
$150.0
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Millions
Total Governmental Total Business
171

Page 204 of 233 ends

Table 13: Direct and Overlapping Debt
As of June 30, 2023
Per
centage Amount
Net Applicable Applicable
Debt to City of to City of
Outstanding Concord Concord
Direct Debt
2021 Certificates of Participation $115,163,469 100.000% $115,163,469 Concord 2018 Refunding Lease Purchase Agreement 3,140,000 100.000% 3,140,000 Motorola Lease Agreement 1,487,877 100.000% 1,835,589
Leases 474,471 100.000% 474,471
Subscription-based I.T. Arrangements 1,129,007 100.000% 1,129,007 Total Direct Debt $121,394, 824 $121,742,536
Overlapping Debt
Bay Area Rapid Transit District $2,484,285,000 2.199% $54,629,427 Contra Costa Community College District 649,015,000 8.331% 54,069,440 Mt. Diablo Unified School District 388,584,259 41.091% 159,673,158 Mt. Diablo Unified School District Community Facilities District 3,170,000 41.039% 1,300,936 East Bay Regional Park District 175,955,000 3.482% 6,126,753 Contra Costa County General Fund Obligations 193,515,000 8.304% 16,069,486 Mt. Diablo Unified School District Certs of Participation 11,350,000 41.091% 4,663,829 Overlapping Tax Increment Debt (Successor Agency): 4,920,000 100.000% 4,920,000 Less: Contra Costa County supported obligations (4,229,174) Total Overlapping Debt $3,910,794,259 $297,223,854
Total Direct And Overlapping Debt $418,966,390
2022/23 Total Assessed Valuation $21,953,671,623
Less Redevelopment Incremental Assessed Value: 2,744,161,774 Adjusted AV $19,209,509,849
Debt to Assessed Valuation Ratios: Direct Debt: 0.634%
Overlapping Debt: 1.547%
Total Debt: 2.181%
Sources: HdL Coren & Cone
Certificate of Assessed Valuations from the County Office of the Auditor-Controller Overlapping governments are those that coincide, at least in part, with the geographic boundaries of the city. The percentage of overlapping debt applicable is estimated by using taxable assessed values. Applicable percentages were estimated by determining the portion of another governmental unit’s taxable assessed value that is within the city’s boundaries and dividing it by each unit’s total taxable assessed value. 172

Page 205 of 233 ends

Table 14: Computation of Legal Bonded Debt Margin
As of June 30, 2023 (Dollars in Thousands)
Assessed Valuation:

Secured Property Assessed Value, Net of
Exempt Real Property $20,218,426
Bonded Debt Limit (15% of Assessed Value) (a) $3,032,764 Amount of Debt Subject to Limit:

Total Bonded Debt $0
Less Tax Allocation Bonds and Sales Tax Revenue
Bonds, Certificate of Participation Not Subject to Limit 0 Amount of Debt Subject to Limit 0
Legal Bonded Debt Margin $3,032,764
Total Net Debt
Total Net Debt Legal Applicable to the Limit
Fiscal Debt Applicable to Debt as a Percentage
Year Limit Limit Margin of Debt Limit
2013 (a) $1,883,631 $0 $1,883,631 0.00%
2014 1,695,697 0 1,695,697 0.00%
2015 1,867,287 0 1,867,287 0.00%
2016 2,010,013 0 2,010,013 0.00%
2017 2,128,436 0 2,010,013 0.00%
2018 2,251,362 0 2,251,362 0.00%
2019 2,432,813 0 2,432,813 0.00%
2020 2,592,346 0 2,592,346 0.00%
2021 2,716,105 0 2,716,105 0.00%
2022 (b) 2,819,135 0 2,819,135 0.00%
2023 3,032,764 0 3,032,764 0.00%
Note:
(a) California Government Code, Section 43605 sets the debt limit at 15%. The Code section was enacted prior to the change in basing assessed value to full market value when it was previously 25% of market value. (b) FY 2022 amounts changed to reflect the true Legal Bonded Debt Margin.

Source: City of Concord Finance Department
173

Page 206 of 233 ends

Table 15: Sewer Revenue Bonds Coverage
Last Ten Fiscal Years
Net Revenue Debt Service Requirements
Fiscal Gross Operating Available for
Year Revenue (a) Expenses (b) Debt Service Principal Interest Total Coverage 2014 $22,301,111 $17,842,173 $4,458,938 $875,000 $710,884 $1,585,884 2.81 2015 24,439,221 17,889,711 6,549,510 900,000 685,684 1,585,684 4.13 2016 27,439,280 17,943,895 9,495,385 925,000 662,184 1,587,184 5.98 2017 30,136,204 18,208,086 11,928,118 945,000 638,971 1,583,971 7.53 2018 33,672,715 19,436,037 14,236,678 990,000 427,193 1,417,193 10.05 2019 36,795,345 20,066,107 16,729,238 1,025,000 494,551 1,519,551 11.01 2020 39,507,521 20,341,412 19,166,109 1,010,000 504,981 1,514,981 12.65 2021 39,974,490 20,468,000 19,506,490 1,045,000 476,181 1,521,181 12.82 2022 41,002,148 20,650,838 20,351,310 1,075,000 446,281 1,521,281 13.38 2023 44,898,245 22,376,196 22,522,049 1,110,000 409,306 1,519,306 14.82 Notes: (a) Includes all Wastewater Operating Revenues, Non-Operating Interest Revenue, Connection Fees and Other Non-Operating Revenue.
(b) Includes all Wastewater Operating Expenses less Capital Improvement Expense, Depreciation and Interest.

Source: City of Concord Annual Financial Statements
(6.00)
(4.00)
(2.00)

0.00 2.00

4.00 6.00

8.00 10.00

12.00 14.00

16.00 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Coverage
174

Page 207 of 233 ends

Table 16: Bonded Debt Pledged Revenue Coverage,
2004 (Refunded) and Tax Allocation Refunding Bonds Series 2014 Last Ten Fiscal Year
Tax Debt Service Requirements
Fiscal Increment
Year Revenue Principal Interest Total Coverage
2014 $13,213,000 $4,145,000 $2,194,671 $6,339,671 2.08
2015 14,330,318 4,100,000 3,520,158 7,620,158 1.88
2016 15,269,605 4,205,000 1,630,450 5,835,450 2.62
2017 15,897,614 4,380,000 1,462,250 5,842,250 2.72
2018 17,146,123 4,605,000 1,243,250 5,848,250 2.93
2019 19,839,809 4,825,000 1,013,000 5,838,000 3.40
2020 22,645,637 2,440,000 771,750 3,211,750 7.05
2021 24,205,527 2,560,000 649,750 3,209,750 7.54
2022 25,110,409 2,690,000 521,750 3,211,750 7.82
2023 27,441,618 2,825,000 387,250 3,212,250 8.54
Source: County Redevelopment Successor Agency Property Tax Revenue Report Long Term Debt Schedule - City of Concord Finance Department $0
$5
$10
$15
$20
$25
$30
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Millions
Tax Increment Revenue Debt Service Payment
175

Page 208 of 233 ends

Table 17: Demographic and Economic Statistics
Last Ten Calendar Year
Total Per Capita Contra Costa City
Calendar City Personal Personal Unemployment County Population Year Population Income Income Rate Population % of County 2014 124,656 $3,864,336,000 $31,000 6.6% 1,087,008 11.47% 2015 124,977 3,877,661,000 31,027 6.7% 1,102,871 11.33% 2016 129,707 3,926,050,000 30,268 5.4% 1,123,429 11.55% 2017 128,370 4,008,751,000 31,228 4.8% 1,139,513 11.27% 2018 129,159 4,207,822,000 32,578 3.9% 1,149,363 11.24% 2019 129,889 4,438,716,000 34,173 2.8% 1,150,215 11.29% 2020 130,435 4,762,661,000 36,595 2.9% 1,150,621 11.34% 2021 129,273 5,151,420,000 39,849 8.7% 1,153,854 11.20% 2022 123,634 5,333,641,000 43,140 5.9% 1,156,555 10.69% 2023 122,074 5,519,776,000 45,217 3.2% 1,147,653 10.64% Sources: State of California, Department of Finance

0.00%

2.50%

5.00%

7.50%

10.00%

12.50%
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Unemployment Rate

11.00%

11.50%

12.00%

12.50%

13.00%

13.50%

14.00%
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
City Population as Percentage of County
$0
$1,000
$2,000
$3,000
$4,000
$5,000
$6,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Millions
Total Personal Income
$20
$25
$30
$35
$40
$45
$50
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Thousands
Per Capita Personal Income
176

Page 209 of 233 ends

Table 18: Principal Employers
Current Year and Nine Years Ago
Nu
mber of Percentage Percentage
Employees of Total City Number of of Total City
Employer (Range) Rank Employment* Employees Rank Employment John Muir Medical Ctr 1,000 to 4,999 1 4.7% 1,000 - 4,999 1 4.4% Mt. Diablo Unified School District 1,000 to 4,999 1 4.7% PG&E 1,000 to 4,999 1 4.7%
City of Concord 500 to 999 2 1.2%
Mt. Diablo Resource Recovery 250 to 499 3 0.6%
Cerus Corporation 250 to 499 3 0.6%
Yard House 250 to 499 3 0.6%
County Connection 250 to 499 3 0.6%
AssetMark 250 to 499 3 0.6%
Athens Administrators 0 to 249 4 0.2%
John Muir Health Physical Rhb 1,000 - 4,999 1 4.4%
Bank of America 1,000 - 1,499 2 1.8%
Chevron 1,000 - 1,499 2 1.8%
Fresenius Medical Care 500 - 999 3 1.1%
Macy's 500 - 999 3 1.1%
Wells Fargo 500 - 999 3 1.1%
Benchmark Electronics Inc 250 - 499 4 0.6%
Cb&l Inc 250 - 499 4 0.6%
Central Contra Costa Transit 250 - 499 4 0.6%
Conco Co 250 - 499 4 0.6%
Contra Costa Water District 250 - 499 4 0.6%
Costco 250 - 499 4 0.6%
Fry's Electronics 250 - 499 4 0.6%
Jenkins Insurance 250 - 499 4 0.6%
Loma Vista Adult Ctr 250 - 499 4 0.6%
Sears 250 - 499 4 0.6%
US Post Office 250 - 499 4 0.6%
Waterworld California 250 - 499 4 0.6%
Subtotal 4,750 - 18,750 18.3% 8,500 - 21,981 22.4%
Total City Day Labor Force: 64,200 67,900
Source: City of Concord Economic Development & Base Reuse Department * 2022 Percentage of total is based on median in the ranges provided. 2023 2014
177

Page 210 of 233 ends

Table 19: Full-Time Equivalent (FTE) City Government Employees by Function Last Ten Fiscal Years
Fiscal Year
2014 2015 2016 2017 2018 2019 2020 2021 (a) 2022 2023 (b) Function
General Government 63 64 65 65 62 62 62 56 62 63
Public Safety 211 213 215 215 216 213 209 185 193 193
Public Works 64 64 64 64 64 69 69 65 67 74
Economic Development & Base
Reuse 5 4 5
Community Development 39 43 46 46 52 52 54 49 53 51
Parks & Recreation 14 13 13 13 13 13 13 12 14
Recreation Services 14
Sewer 10 11 11 11 12 13 11 11 11 13
Total 401 408 414 414 419 422 418 383 404 413
Source: City of Concord
Notes:
(a) In Fiscal Year 2021, the Economic Development division was transferred out of Community Development and combined with the Base Reuse project. (b) In Fiscal Year 2023, the "Parks & Recreation" Department was renamed "Recreation Services" 0 50
100
150
200
250
300
350
400
450
2014 2015 2016 2017 2018 2019 2020 2021 (a) 2022 2023 (b) FTE's
General Government Public Safety
Public Works Economic Development & Base Reuse
Community Development Parks & Recreation
Sewer Recreation Services
178

Page 211 of 233 ends

Table 20: Operating Indicators by Function / Program
Last Ten Fiscal Years
2014 2015 2016 2017 2018 2019 2020 2021(a) 2022 2023 (b) Function/Program
Public Safety
Police:

Number of Community Service Desk Contacts 32,989 36,469 30,225 24,233 21,040 20,117 21,969 N/A N/A N/A Police Calls for Service 118,009 123,151 121,433 122,187 125,429 127,024 123,776 112,186 109,256 109,449 Law Violations:

Part I Crimes 5,267 5,594 4,849 4,820 4,919 4,695 4,999 4,035 4,543 4,321 Physical Arrests (Adult and Juvenile) 3,413 4,126 3,853 3,916 3,229 3,532 2,528 2,241 1,912 2,540 Parking Violations 8,107 9,408 7,282 6,002 6,920 7,081 7,282 2,353 4,443 3,922 Public Works
Street Resurfacing (millions of square feet) 2 2 2 2 2 4 2 0.10 1.14 1.31 Potholes Repaired 526 704 1,272 3,168 1,460 5,251 2,122 1,433 1,889 6,467 Culture and Recreation
Community Services:

Recreation Class Participants 11,636 12,335 13,251 13,476 12,568 12,540 10,364 3,213 6,938 10,220 Senior Center Activity/Event Participants 17,034 21,886 22,018 18,377 22,075 23,250 25,436 1,067 1,336 1,832 Human Services/Club Activity Participants 33,668 41,868 38,592 33,853 38,740 40,241 7,096 456 39,477 11,775 Library:

Volumes in Collection (thousands) 80,955 80,291 80,692 76,049 77,702 57,523 55,195 52,196 53,259 50,012 Total Volumes Borrowed (thousands) 300,517 247,737 253,522 219,157 195,562 200,639 139,482 79,560 127,725 98,479 Wastewater
Storm Drain Inlets 5,583 5,583 5,583 5,583 5,583 5,583 5,583 5,583 5,583 5,583 Sewer Overflows 28 12 9 8 19 10 19 13 13 10
Notes: N/A denotes information not available.
(a) City stopped tracking the Number of Community Service Desk Contacts during fiscal year 2021. (b) Effective Fiscal Year 2023, the City changed the method of counting Human Services Participants to more accurately reflect services provided.

Source: City of Concord
179

Page 212 of 233 ends

Table 21: Capital Asset Statistics by Function/Program Last Ten Fiscal Years
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Function/Program
Public Works
Miles of Streets 310 310 310 310 310 310 310 310 310 310 Street Lights 8,254 8,256 8,256 8,256 8,256 8,290 8,325 8,379 8,379 8,379 Traffic Signals 158 158 158 165 173 173 180 195 195 194 Culture and Recreation
Community Services:

City Parks 18 18 18 18 18 18 18 18 18 18
City Parks Acreage 379 379 379 379 379 379 379 379 379 379 Playgrounds 19 19 19 19 19 19 19 19 19 19
City Trails 9 9 9 9 9 9 9 9 9 9
Miles of City Trails 22 22 22 22 22 22 22 22 22 22
Roadway Landscaping Acreage 52 52 52 52 52 52 52 52 52 52 Regional Park Acreage (a) 40 40 40 40 40 40 2,256 2,256 2,256 2,256 Regional Park Facilities:

Golf Courses (18 holes) 1 1 1 1 1 1 1 1 1 1
Banquet Facility 4 4 4 4 4 4 4 4 4 4
H
istoric House 3 3 3 3 3 3 3 3 3 3
Community Gardens 1 1 1 1 1 1 1 1 1 1
Community Centers 2 2 2 2 2 2 2 2 2 2
Senior Centers 1 1 1 1 1 1 1 1 1 1
Sports Centers 1 1 1 1 1 1 1 1 1 1
Performing Arts Centers 1 1 1 1 1 1 1 1 1 1
Swimming Pool/Spray Park 2 2 2 2 2 2 2 2 2 2
Tennis/Pickleball Courts 17 17 27 27 27 27 27 27 27 27
Baseball/Softball Field Complexes 13 13 13 13 13 13 13 13 13 13 Soccer/Football Field Complexes 13 13 13 13 13 13 13 13 13 13 Library:

City Libraries 1 1 1 1 1 1 1 1 1 1
Wastewater
Sewer Lines (miles) 389 389 389 389 389 389 389 389 389 3 89 (a) The East Bay Regional Park District took possession of the former Concord Naval Weapons Station from the National Park Service and Navy in 2020.

Source: City of Concord
180

Page 213 of 233 ends

CITY OF CONCORD JUNE 30, 2023

MUNICIPAL DEBT CONTINUING DISCLOSURE
181

Page 214 of 233 ends

MUNICIPAL DEBT CONTINUING DISCLOSURE
City of Concord Joint Powers Financing Authority
Certificates of Participation (2021 Capital Improvement Project) a. Principal Amount of Certificates Outstanding (ACFR, page 70) b. General Fund Statement of Revenues, Expenditures and Changes in Fund Balances (ACFR, page 30)
c. General Fund Balance Sheet (ACFR, page 28)
d. General Fund Tax Revenues By Source (ACFR, page 30)
e. Assessed Valuations (ACFR, page 164)
City of Concord Joint Powers Financing Authority
Wastewater Revenue Refunding Bonds Series 2012
2018 Wastewater Revenue Refunding Bonds
a. Ten Largest Users of the Wastewater System (Table 1) b. Sewer Rates (Table 2)
c. Debt Service Coverage Ratio (ACFR, page 174)
d. Principal Amount of Bonds Outstanding (ACFR, page 70) Successor Agency of the Former Redevelopment Agency of the City of Concord (Central Concord Redevelopment Project) Tax Allocation Refunding Bonds Series 2014 a. Assessed Valuation by Category of Use (Table 3)
b. Historical Taxable Values and Tax Revenues (Table 4) c. Largest Property Taxpayers by Assessed Value and Revenue (Table 5) d. Annual Assessed Value Appeals (Table 6)
e. Debt Service Coverage (ACFR, page 175)
f. Tax Revenue Projection (Table 7)
182

Page 215 of 233 ends

City of Concord Joint Powers Financing Authority
Wastewater Revenue Refunding Bonds Series 2012
2018 Wastewater Revenue Refunding Bonds
Customers Type of Use Percent

1. MT. DIABLO UNIFIED SCHOOL DISTRICT 29 Sites 0.92%

2. VERANDA Shopping Centers 0.69%

3. PALM LAKE APARTMENTS 300 Apartments 0.51%

4. CLAYTON CROSSING APARTMENTS 290 Apartments 0.50%

5. FORMER US COAST GUARD PROPERTY 289 Units 0.49%

6. JOHN MUIR MEDICAL CENTER Hospital and Medical Campus 0.46%

7. DALIS GARDENS MOB HOME PARK 260 Spaces 0.45%

8. CONCORD 1441 APARTMENTS 218 Apartments 0.37%

9. CLAYTON CREEK APARTMENTS 208 Apartments 0.35%

10. HERITAGE TOWERS APARTMENTS 196 Apartments 0.33%
Source: City of Concord Public Works Department
12 MONTHS THROUGH JUNE 30, 2023
Table 1: Ten Largest Users of the Wastewater System
183

Page 216 of 233 ends

City of Concord Joint Powers Financing Authority
Wastewater Revenue Refunding Bonds Series 2012
2018 Wastewater Revenue Refunding Bonds
Table 2: Sewer Rates for Fiscal Year 2022-23

RESIDENTIAL OWNERS

1. Minimum rate for any premises $772.00

2. Each single-family dwelling unit 772.00

3. Each dwelling unit in a multiple dwelling structure 772.00 per unit

4. Mobile Home Park 772.00 per space
COMMERCIAL OWNERS - Charge based upon quantity of water used in cubic feet

1. Minimum rate for any premises $772.00

2. Bowling Alleys 6.83/100 cu. ft.

3. Car Washes 6.83/100 cu. ft.

4. Health Studios and Gymnasiums 6.83/100 cu. ft.

5. Hospitals - Convalescent 6.83/100 cu. ft.

6. Multiple Lodging Structures (hotels, motels and rooming houses) 6.83/100 cu. ft.

7. Laundromats and Laundries 6.83/100 cu. ft.

8. Restaurants 13.57/100 cu. ft.

Restaurants with pretreatment facilities approved annually 7.72/100 cu. ft.

9. Bakeries Determined Individually

10. All others 7.72/100 cu. ft.

INSTITUTIONAL OWNERS

1. Minimum rate for any premises $772.00

2. As defined in Section 110-31, except for Convalescent Hospitals 7.72/100 cu. ft.

INDUSTRIAL OWNERS - Charge based upon quantity of water used and quality of effluent

1. Minimum rate for any premises $772.00

2. Flow/Million Gallons 5,990.00

3. Biochemical Oxygen Demand (B.O.D.) per thousand pounds 1,407.00

4. Suspended Solid (S.S.) per thousand pounds 1,198.00

SPECIAL DISCHARGE PERMITS, AS ISSUED BY THE DISTRICT

1. Charge based upon quantity of water used and quality of effluent Determined Individually SPECIAL CONTRACTUAL AGREEMENT Determined Individually
Source: City of Concord Municipal Code Section 13.05.020. 184

Page 217 of 233 ends

Successor Agency of the Former Redevelopment Agency of the City of Concord (Contra Costa County, California) Tax Allocation Refunding Bonds Series 2014 Table 3: Assessed Valuation by Category of Use
Fiscal Year 2022-23
No. of Parcels Taxable Value % of Total
Commercial 380 1,867,978,411$ 60. 6%
Residential 428 644,739,009 20. 9%
Industrial 79 156,121,609 5. 1%
Other Secured 121 175,296,215 5. 7%
Unsecured 946 239,612,348 7. 8%
Total 1,954 $3,083,747,592 100%
Source: HDL Coren & Cone
FY2022-23
185

Page 218 of 233 ends

Successor Agency of the Former Redevelopment Agency of the City of Concord (Contra Costa County, California) Tax Allocation Refunding Bonds Series 2014 Table 4: Historic Tax Revenues ($Thousands)
2019 2020 2021 2022 2023
Assessed Value 2,323,567$ 2,604,150$ 2,760, 139$ 2,850, 627$ 3,083, 748$ Base Year Value (339,586) (339,586) (339,586) (339,586) (339,586) Incremental AV 1,983,981 2,264,564 2,420,553 2,511,041 2,744,162 Tax Rate* 1.000% 1.000% 1.000% 1.000% 1.000%
Secured/Unsecured 19,840 22,646 24,206 25,110 27,442
Unitary 869 835 849 890 934
Supplemental / Other 226 1,993 428 795 1,013
Subtotal Gross Revenue 20,935 25,474 25,483 26,795 29,389 Less: County Admin** (178) (205) (213) (199) (184)
Less: Pass Through** (2,245) (2,323) (4,211) (4,661) (5,335) Net Tax Incr. / RPTTF Revenue 18,512$ 22,946$ 21,059$ 21,935$ 23,870$ Less: Senior Reimb. Agreement (578) 0 0 0 0
Historic Tax Revenues 17,934$ 22,946$ 21,059$ 21,935$ 23,870$ Note: *Weighted average inclusive of Contra Costa Water Levy applicable to land AV only. **Non-subordinate.

Source: City of Concord Finance Department
Last Five Fiscal Years
186

Page 219 of 233 ends

Successor Agency of the Former Redevelopment Agency of the City of Concord (Contra Costa County, California) Tax Allocation Refunding Bonds Series 2014 Assessed
Value
Property Owner
Number of
Parcels FY2022-23 Secured
FY2022-23
Unsecured Total
% of Total
AV**
% of AV
Incr.**

1. Concord Centercal LLC 1 $218,048,924 $218,048,924 7.1% 7.9%

2. Renaissance Residential Holding 4 156,994,287 156,994,287 5.1% 5.7%

3. Concord Technology Center Properties 4 153,552,883 153,552,883 5.0% 5.6%

4. Willows Center Concord 2 126,805,552 126,805,552 4.1% 4.6%

5. Sequoia Equities Concord PC LLC 2 123,345,499 123,345,499 4.0% 4.5%

6. Seecon Financial and Construction 5 109,632,240 109,632,240 3.6% 4.0%

7. Jamestown Concord Technology 2 108,370,828 108,370,828 3.5% 3.9%

8. HM Grant Street LLC 2 100,611,282 100,611,282 3.3% 3.7%

9. BOF California One Concord Center LLC 3 75,536,635 75,536,635 2.4% 2.8%

10. HSRE Oakmont Concord LLC 1 51,307,326 $1,081,551 52,388,877 1.7% 1.9% Total Top 10 Taxpayers 26 $1,224,205,456 $1,081,551 $1,225,287,007 39.73% 44.65% Note:
**Percentages calculated based on FY2022-23
Total assesssed value of 3,083,747,592
Total Incremental Assessed Value of 2,744,161,774
Source: HDL Coren & Cone
Table 5: Top 10 Taxpayers for Project Area
Fiscal Year 2022-23
187

Page 220 of 233 ends

Successor Agency of the Former Redevelopment Agency of the City of Concord (Contra Costa County, California) Tax Allocation Refunding Bonds Series 2014 Fiscal Year 2022-23
FY2022-23 Appeals
Number of
Filings
County Roll Value
($Millions)
Applicant
Opinion
($Millions)
Estimated/Actual
Resolved Value
($Millions)
Estimated/Actual
Loss Value
($Millions)
% Reduction
Appeals Resolved 7 $32.60 $18.50 $18.50 $14.10 43%
Appeals Pending 48 849.8 473.8 805.4 44.4 5%
Total Appeals Filed 55 $882.4 $492.3 $823.9 $58.5 7%
Source: HDL Coren & Cone
Table 6: Assessed Value Appeals for Project Area
188

Page 221 of 233 ends

Successor Agency of the Former Redevelopment Agency of the City of Concord (Contra Costa County, California) Tax Allocation Refunding Bonds Series 2014 Table 7: Projection of Tax Revenues for Debt Services Next 2 Fiscal Years (dollars in thousands)
Year
Ending
6/30
Parcel I Tax
Revenue
Parcel II Tax
Revenue
Parcel IV
Tax
Revenue
Parcel V
Tax
Revenue
Total Centaral
Concord Project
Revenues
Debt Service
Total Concord
Project Tax
Revenues
Debt Sevice
Coverage
2023 $8,144 $4,922 $514 $452 $14,032 $3,142 $17,174 4.47x 2024 8,144 4,922 514 452 14,032 2,586 16,618 5.43x
2025 8,144 4,922 514 452 14,032 2,583 16,615 5.43x
Source: Keyser Marston Associates, Inc. September 15, 2014 189

Page 222 of 233 ends

CITY OF CONCORD JUNE 30, 2023
190

Page 223 of 233 ends

CITY OF CONCORD

REQUIRED COMMUNICATIONS
FOR THE YEAR ENDED JUNE 30, 2023
Attachment 2

Page 224 of 233 ends

This Page Left Intentionally Blank

Page 225 of 233 ends

CITY OF CONCORD

REQUIRED COMMUNICATIONS
For the Year Ended June 30, 2023
Table of Contents
Page
Required Communications ................................................................................................................................ 1 Significant Audit
Matters:

Qualitative Aspects of Accounting Practices ................................................................................... 1 Difficulties Encountered in Performing the Audit ........................................................................... 3 Corrected and Uncorrected Misstatements ...................................................................................... 4 Disagreements with Management .................................................................................................... 4 Management Representations ............................................................................................................ 4 Management Consultations with Other Independent Accountants ................................................. 4 Other Audit Findings or Issues .......................................................................................................... 4 Other Ma tters ............................................................................................................................................ 4

Page 226 of 233 ends

This Page Left Intentionally Blank

Page 227 of 233 ends

REQUIRED COMMUNICATIONS

To the City Council of
the City of Concord, California

We have audited the basic financial statements of th e City of Concord for the year ended June 30, 2023.

Professional standards require that we provide yo u with information about our responsibilities under generally accepted auditing standards and Government Auditing Standards and the Uniform Guidance, as well as certain information related to the planned scop e and timing of our audit. We have communicated such information in our separate meetings with the Mayor and City Manager on May 25, 2023 and May 26, 2023, respectively. Professional standards also require that we communi cate to you the following information related to our audit.

Significant Audit Matters

Qualitative Aspects of Accounting Practices

Accounting Policies - Management is responsible for the selection and use of appropriate accounting policies. The significant accounting policies used by the City are desc ribed in Note 1 to the financial statements. No new accounting policies were adopt ed, and the application of existing policies was not changed during the year, except as follows:

Accounting for Loans Receivable – During fiscal year 2023, the City changed its accounting policy related to the accounting for long-term loan s receivable in governme ntal funds. Effective July 1, 2022, all long-term loans receivable are offset with unavai lable revenue, rather than fund balance, at the time of issuance. As a resu lt of the change in accounting policy, the City established unavailable revenue as of July 1, 2022 of $19,890,842 in the Concord Housing Special Revenue Fund, $185,445 in the Housing As sistance Programs Special Revenue Fund and $140,000 in the Housing and Community Services Special Revenue Fund.

In addition, the following Governmental Accountin g Standards Board (GASB) pronouncement became effective:

GASB 96 – Subscription Based Information Technology Arrangements

This Statement provides guidan ce on the accounting and financia l reporting for subscription- based information technology arrangements (SBI TAs) for government end users (governments).

This Statement (1) defines a SBITA; (2) estab lishes that a SBITA results in a right-to-use subscription asset—an intangible asset—and a corre sponding subscription liability; (3) provides the capitalization criteria for outlays other than subscription payments, in cluding implementation costs of a SBITA; and (4) requires note disclosu res regarding a SBITA. To the extent relevant, the standards for SBITAs are based on the standa rds established in Statement No. 87, Leases, as amended.

Page 228 of 233 ends

A SBITA is defined as a contract that conveys control of the right to use another party’s (a SBITA vendor’s) information technology (IT) soft ware, alone or in combination with tangible capital assets (the underlying IT assets), as specifi ed in the contract for a period of time in an exchange or exchange-like transaction.

The subscription term includes the period dur ing which a government has a noncancelable right to use the underlying IT assets. The subscription te rm also includes periods covered by an option to extend (if it is reasonably certain that th e government or SBITA ven dor will exercise that option) or to terminate (if it is reasonably certai n that the government or SBITA vendor will not exercise that option).

Under this Statement, a government generally should recognize a right-to-use subscription asset—an intangible asset—and a corresponding subscription liability. A government should recognize the subscription liability at the comm encement of the subscription term, —which is when the subscription asset is placed into serv ice. The subscription liability should be initially measured at the present value of subscription payments expected to be made during the subscription term. Future subscription payments sh ould be discounted using the interest rate the SBITA vendor charges the government, which may be implicit, or the government’s incremental borrowing rate if the interest rate is not re adily determinable. A government should recognize amortization of the discount on the subscription lia bility as an outflow of resources (for example, interest expense) in subsequent financial reporting periods.

The subscription asset should be initially measured as the sum of (1) the initial subscription liability amount, (2) payments made to the SBITA vendor before commencement of the subscription term, and (3) capitalizable implem entation costs, less any incentives received from the SBITA vendor at or before the commencement of the subscription term. A government should recognize amortization of the subscription asset as an outflow of resources over the subscription term.

The pronouncement became effective, and as disc losed in Note 8 to the financial statements required a prior period restatement for the cumulative effect on the financial statements.

The following pronouncements became effective, but did not have a ma terial effect on the financial statements:

GASB 91 – Conduit Debt Obligations
GASB 94 – Public-Private and Public-Public Pa rtnerships and Availability Payment Arrangements
GASB 99 – Omnibus 2022, paragraphs 11-25
Unusual Transactions, Controversial or Emerging Areas - We noted no transactions entered into by the City during the year for which ther e is a lack of authoritative guidance or consensus. All significant transactions have been recognized in the financial statements in the proper period. 2

Page 229 of 233 ends

Accounting Estimates - Accounting estimates are an integral part of the financial statements prepared by management and are based on management’s knowledge and experience about past and current events and assumptions about future events. Certain accounting estimates are particularly sensitive because of their significance to the financial statements and beca use of the possibility that future events affecting them may differ significantly from those expected. The most sensitive estimates affecting the City’s financial statements were:

Estimated Fair Value of Investments: As of June 30, 2023, the City held approximately $431 million of cash and investments as measured by fa ir value as disclosed in Note 3 to the financial statements. Fair value is essentially market pric ing in effect as of June 30, 2023. These fair values are not required to be adjusted for changes in general market conditions occurring subsequent to June 30, 2023.

Estimate of Depreciation: Management’s estimate of the depreci ation is based on useful lives determined by management. These lives have been determined by management based on the expected useful life of assets as disclosed in Note 1 to the financial statements. We evaluated the key factors and assumptions used to develop the depreciation estima te in determining that it is reasonable in relation to the basic financial statements taken as a whole.

Estimate of Compensated Absences: Accrued compensated absences which are comprised of accrued vacation, holiday, and certain other comp ensating time is estimated using accumulated unpaid leave hours and hourly pay rates in effect at the end of the fiscal year as disclosed in Note 7 to the financial statements. We evaluated the key factors and assumptions used to develop the accrued compensated absences in determining that it is reasonable in relation to the basic financial statements taken as a whole.

Estimated Claims Liabilities: Management’s estimate of th e claims liabilities payable is disclosed in Note 17 to the financial statements and is based on actuarial studies determined by a consultant, which are based on the claims experien ce of the City. We evaluated the key factors and assumptions used to develop the estimate in determining that it is reasonable in relation to the basic financial statements taken as a whole.

Estimated Net Pension Liabilities and Pensi on-Related Deferred Outflows and Inflows of Resources: Management’s estimate of the net pension liabilities and deferred outflows/inflows of resources are disclosed in Notes 10, 11 and 12 to the financial statements and are based on actuarial studies determined by a consultant and accounting va luations determined by the California Public Employees Retirement System, wh ich are based on the experience of the City.

We evaluated the key factors and assumptions used to develop the estimate in determining that it is reasonable in relation to the basic financial statements taken as a whole.

Estimated Net OPEB Liability: Management’s estimate of the net OPEB liability is disclosed in Note 13 to the financial statements and is base d on actuarial study determined by a consultant, which is based on the experience of the City. We evaluated the key factors and assumptions used to develop the estimate in determining that it is reasonable in relation to the basic financial statements taken as a whole.

Disclosures - The financial statement disclosures are neutral, consistent, and clear.

Difficulties Encountered in Performing the Audit
We encountered no significant difficulties in dealing with management in performing and completing our audit.
3

Page 230 of 233 ends

Corrected and Uncorrected Misstatements
Professional standards require us to accumulate all known and likely misstatements identified during the audit, other than those that are clearly trivial, and communicate them to the appropriate level of management. Management has corrected all such miss tatements. In addition, none of the misstatements detected as a result of audit procedures and corrected by management were material, either individually or in the aggregate, to each opinion unit’s financial statem ents taken as a whole, except for the post-closing entry to record the corrections to the yearend Concor d cash balance in the Gene ral Fund as discussed in comment 2023-01 in our separately issued Memoran dum on Internal Control dated December 28, 2023, which is an integral part of our audit and should be read in conjunction with this report..

Professional standards require us to accumulate all known and likely uncorrected misstatements identified during the audit, other than those that are clearly trivial, and communicate them to the appropriate level of management. We have no such misstatements to report to the City Council.

Disagreements with Management
For purposes of this letter, a disagreement with ma nagement is a financial acc ounting, reporting, or auditing matter, whether or not resolved to our satisfaction, that could be significant to the financial statements or the auditor’s report. We are pleased to report that no such disagreements arose during the course of our audit.

Management Representations
We have requested certain representations from ma nagement that are incl uded in a management representation letter dated December 28, 2023.

Management Consultations with Other Independent Accountants In some cases, management may d ecide to consult with other account ants about auditing and accounting matters, similar to obtaining a “second opinion” on certain situations. If a consultation involves application of an accounting principle to the City’s fi nancial statements or a dete rmination of the type of auditor’s opinion that may be expr essed on those statements, our professional standards require the consulting accountant to check with us to determine that the consultant ha s all the relevant facts. To our knowledge, there were no such consultations with other accountants.

Other Audit Findings or Issues
We generally discuss a variety of matters, including the application of accounting principles and auditing standards, with management each year prior to retention as the City’s auditors. However, these discussions occurred in the normal course of our pr ofessional relationship and our responses were not a condition to our retention.

Other Matters
We applied certain limited procedures to the requir ed supplementary information th a t accompanies and
supplements the basic financial st atements. Our procedures consisted of inquiries of management regarding the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We did not audit the required supplementary information and do not express an opinion or provide any assurance on the required supplementary information. 4

Page 231 of 233 ends

We were engaged to report on the supplementary information that accompanies the financial statements, but is not required supplementary information. With respect to this supplementary information, we made certain inquiries of management and evaluated th e form, content, and methods of preparing the information to determine that the information complies with accounting principles generally accepted in the United States of America, the method of preparing it has not changed from the prior period, and the information is appropriate and complete in relation to our audit of the financial statements. We compared and reconciled the supplementary information to the underlying accounting records used to prepare the financial statements or to the financial statements themselves.

We were not engaged to report on the Introductory and Statistical Sections which accompany the financial statements, but are not required supplementary information. Such information has not been subjected to the auditing procedures applied in the audit of the basic financial statements, and accordingly, we do not express an opinion or provide any assurance on them.
******
This information is intended solely for the use of City Council and management and is not intended to be, and should not be, used by anyone other than these specified parties.

Pleasant Hill, California
December 28, 2023
5

Page 232 of 233 ends

This Page Left Intentionally Blank

Page 233 of 233 ends

Staff Report
Date: January 9, 2024
To: City Council
From: Valerie J. Barone, City Manager
Reviewed by: Kevin Marstall, PE, Director of Community Development Carlton Thompson, PE, City Engineer
Bernard Enrile, PE, CIP Manager
Prepared by: Tianjun Cao, PE, Associate Civil Engineer
[email protected]
(925) 671-3243
Subject: Considering adoption of a Resolution approving the request to Metropolitan Transportation Commission by the City of
Concord for an allocation of $296,000 of Transportation Development Act Article 3 Pedestrian and Bicycle Project Funding for Fiscal Year 2024-2025. This funding will support the Village Rd/Cowell Rd Crossing Improvement Project
(PJ2717), located on Cowell Road at Quail Court and Village Road at Silverwood Drive.

CEQA: Not a project/exempt per CEQA Guidelines Sections 15060 (c), 15061(b)(3), 15273, 15378, 15282(j), 15378, 15301, 15302, 15303, 15304, Public Resources Code Section 21065, and/or 21080.19.

Report in Brief
On November 7, 2023, Contra Costa County Public Works Department issued a call for projects to local agencies in the county for the FY 2024-2025 Transportation Development Act Article 3 (TDA) grant cycle. TDA funds are available for bicycle and pedestrian projects that eliminate or improve an identified problem area on routes that would otherwise provide relatively safe and direct bicycle or pedestrian travel use. Each agency in Contra Costa County may submit one project for consideration.

4.e4.e4.e4.e

Page 1 of 12 ends

City Council Agenda Report
Agenda Item No. 4.e
January 9, 2024
At its meeting on December 13, 2023, the City’s Bicycle and Pedestrian Advisory Committee (BPAC) recommended submitting a TDA grant application in the amount of $296,000 to design and construct the Village Rd/Cowell Rd Crossing Improvement Project (Project No. 2717) (Project), located on Cowell Road at Quail Court and Village Road at Silverwood Drive.

Recommended Action
Adopt a Resolution approving the request to Metropolitan Transportation Commission by the City of Concord for an allocation of $296,000 of Transportation Development Act Article 3 Pedestrian and Bicycle Project Funding for Fiscal Year 2024-2025.

Background
The Metropolitan Transportation Commission (MTC) is the agency that administers the TDA grant program. Each year MTC releases a call for bicycle and pedestrian projects to be funded with TDA grant funds. Eligible projects are described as projects that eliminate or improve an identified problem area (specific safety hazards such as high- traffic narrow roadways or barriers to travel) on routes that would otherwise provide relatively safe and direct bicycle or pedestrian travel use, and projects ready for design and construction. Each agency in Contra Costa County may submit one project for consideration.

On November 7, 2023, a call for projects was issued by Contra Costa County Public Works Department to local agencies for the 2024/2025 Transportation Development Act Article 3 (TDA 3) cycle in advance of solicitation by MTC. MTC has not yet released the estimated allocation for Contra Costa County for the FY 2024-2025 grant cycle. Last year’s total allocation for Contra Costa County was approximately $1,150,000.

MTC Resolution No. 4108 specifies that each county and city is required to have a Bicycle Advisory Committee to review and prioritize bicycle and pedestrian projects that are applying for TDA Article 3 grant funds, and to participate in the development and review of comprehensive bicycle plans. The City of Concord’s (City) BPAC allows the City to meet this grant requirement.

On September 13, 2023, City staff presented four project options to BPAC. The four project options were the Village Rd/Cowell Rd Crossing Improvement Project, Court Ln and Joan Ave Bicycle Improvements, Olivera Rd School Safety Project, and the Newhall Parkway Trail Connection. The BPAC committee chose to move forward with the Village Rd/Cowell Rd Crossing Improvement Project due to the locations the project would improve.

Analysis
The City Bicycle, Pedestrian & Safe Routes to Transit Plan (Plan), adopted by City Council (Council) on September 27, 2016, recommends crossing improvements in front of Concord Community Park at the intersection of Cowell Road and Quail Court. The

Page 2 of 12 ends

City Council Agenda Report
Agenda Item No. 4.e
January 9, 2024
proposed location at Village Road and Silverwood Drive is not identified for crossing improvements in the Plan but was included in the project scope for this grant application because this was a location recommended by the Transportation Division due to resident requests and the proximity to Monte Gardens Elementary School and Shadelands Special Education.

Proposed improvements for the Project will include installing Rapid Rectangular Flashing Beacons (RRFBs), bulb-outs or concrete islands, upgrading existing curb ramps to current American with Disabilities Act (ADA) standards, and refreshing existing high-visibility crosswalks at both locations. The proposed bulb-outs or concrete islands will shorten the crossing distances for users of the crossings.

On December 13, 2023, BPAC recommended in favor of submitting a TDA grant application for the amount of $296,000 to design and construct the Project.

The total estimated project cost for design and construction is $370,000. The City’s application will be requesting $296,000 (80% of project costs) be funded by the TDA grant, and the remaining $74,000 (20% of project costs) provided as the City’s local match, with the funding source to be determined pending the result of the grant application.

Staff requests that Council approve a submittal of a FY 2024-2025 TDA Article 3 grant application in the amount of $296,000 to design and construct the Project. The City’s local match would be allocated at the time of accepting the grant, should the City be successful in this application.

Financial Impact
The Project is dependent upon the receipt of grant funds. The TDA funds will cover $296,000, with the City matching 20% ($74,000) from local funds, for a total cost of $370,000. The City will identify the source of the local match, should we be successful in the Grant application.

Environmental Determination
Pursuant to CEQA Guidelines Sections 15060(c), 15061(b)(3), 15273, 15378, and Public Resources Code Section 21065, approval of a resolution is not subject to environmental review under the California Environmental Quality Act (CEQA) of 1970, as amended, as it will not result in a direct or reasonably foreseeable indirect physical change in the environment. In the alternative, this project is exempt from CEQA pursuant to Public Resources Code Section 21080.19 and CEQA Guidelines Section 15282(j) (Exclude Restriping of Streets), CEQA Guidelines Sections 15301 (Existing Facilities), 15302 (Replacement and Reconstruction), 15303 (New Construction or Conversion of Small Structures), and/or 15304 (Minor Alterations to Land) because, among other things, it involves minor alterations to existing streets, the creation of traffic striping on existing rights-of-way, and constriction and location of limited numbers of

Page 3 of 12 ends

City Council Agenda Report
Agenda Item No. 4.e
January 9, 2024
new small facilities or structures, all as further detailed in this staff report, the resolution, and attachments hereto. No unusual circumstances are present. This determination reflects the City’s independent judgement.

Public Contact
The City Council Agenda was posted.

Attachments

1. Location Map

2. Resolution Authorizing the Application for TDA Grant Funds Attachment A – Findings
Attachment B – TDA Article 3 Project Application Form (with attachments)

Page 4 of 12 ends

Attachment 1
Village Rd/Cowell Rd Crossing Improvement Project
Location Map

Page 5 of 12 ends

Res No. 24-XX 1

BEFORE THE CITY COUNCIL OF THE CITY OF CONCORD

COUNTY OF CONTRA COSTA, STATE OF CALIFORNIA
A Resolution Approving the Request to the
Metropolitan Transportation Commission by the City
of Concord for an Allocation of $296,000 of
Transportation Development Act Article 3 Pedestrian
and Bicycle Project Funding for Fiscal Year 2024-25
Resolution No. 24-XX
/
WHEREAS, Article 3 of the Transportation Development Act (TDA), Public Utilities Code (PUC) Section 99200 et seq., authorizes the submission of claims to a regional transportation planning agency for the funding of projects exclusively for the benefit and/or use of pedestrians and bicyclists; and
WHEREAS, the Metropolitan Transportation Commission (MTC), as the regional transportation planning agency for the San Francisco Bay Region, has adopted MTC Resolution No. 4108, entitled “Transportation Development Act, Article 3, Pedestrian and Bicycle Projects,” which delineates procedures and criteria for submission of requests for the allocation of “TDA Article 3” funding; and
WHEREAS, MTC Resolution No. 4108 requires that requests for the allocation of TDA Article 3 funding be submitted as part of a single, countywide coordinated claim from each county in the San Francisco Bay Area; and
WHEREAS, the City of Concord desires to submit a request to MTC for the allocation of TDA Article 3 funds to support the project described in Exhibit B to this resolution at the requested or approved amount, which is for the exclusive benefit and/or use of pedestrians and/or bicyclists.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF CONCORD DOES RESOLVE AS FOLLOWS:

Section 1. Pursuant to CEQA Guidelines Sections 15060(c), 15061(b)(3), 15273, 15378, and Public Resources Code Section 21065, award of this contract is not subject to environmental review under the California Environmental Quality Act (CEQA) of 1970, as amended, as it will not result in a direct or reasonably foreseeable indirect physical change in the environment. In the alternative, this Attachment 2

Page 6 of 12 ends

Res No. 24-XX 2
project is exempt from CEQA pursuant to Public Resources Code Section 21080.19 and CEQA Guidelines Section 15282(j) (Exclude Restriping of Streets), CEQA Guidelines Sections 15301 (Existing Facilities), 15302 (Replacement and Reconstruction), 15303 (New Construction or Conversion of Small Structures), and/or 15304 (Minor Alterations to Land) because, among other things, it involves minor alterations to existing streets, the creation of bicycle markings on existing rights-of-way, and construction and location of limited numbers of new small facilities or structures, all as further detailed in the accompanying staff report, this resolution, and attachments hereto. No unusual circumstances are present. This determination reflects the City’s independent judgement.

Section 2. The City of Concord declares it is eligible to request an allocation of TDA Article 3 funds pursuant to Section 99234 of the Public Utilities Code.

Section 3. There is no pending or threatened litigation that might adversely affect the project described in Exhibit B to this resolution, or that might impair the ability of the City of Concord to carry out the project.

Section 4. The project has been reviewed by the Bicycle and Pedestrian Advisory Committee (BPAC) of City of Concord.

Section 5. The City of Concord attests to the accuracy of and approves the statements in Attachment A to this resolution.

Section 6. A certified copy of this resolution and its attachments, and any accompanying supporting materials shall be forwarded to the congestion management agency, countywide transportation planning agency, or county association of governments, as the case may be, of Contra Costa County for submission to MTC as part of the countywide coordinated TDA Article 3 claim.

Section 7. The City Council hereby authorizes the City Manager and/or her designee to negotiate and execute such other documents related to the request and/or acceptance of the TDA funds subject to City Attorney approval
Section 8. This resolution shall become effective immediately upon its passage and adoption. //
//
//

Page 7 of 12 ends

Res No. 24-XX 3
PASSED AND ADOPTED by the City Council of the City of Concord on January 9, 2024, by the following vote:

AYES: Councilmembers -
NOES: Councilmembers -
ABSTAIN: Councilmembers -
ABSENT: Councilmembers -
I HEREBY CERTIFY that the foregoing Resolution No. 24-XX was duly and regularly adopted at a regular meeting of the City Council of the City of Concord on January 9, 2024.

Joelle Fockler, MMC
City Clerk
APPROVED AS TO FORM:

Susanne Meyer Brown
City Attorney
Attachments: Attachment A – Findings
Attachment B – TDA Article 3 Project Application Form (with attachments)

Page 8 of 12 ends

November 2022 TDA Article 3 Model Resolution Page 4 Resolution No. 24‐XX
Attachment A
Re: Request to the Metropolitan Transportation Commission for the Allocation of Fiscal Year 2024‐2025 Transportation Development Act Article 3 Pedestrian/Bicycle Project Funding Findings

Page 1 of 1 ends

1. That the City of Concord is not legally impeded from submitting a request to the Metropolitan Transportation Commission for the allocation of Transportation Development Act (TDA) Article 3 funds, nor is the City of Concord legally impeded from undertaking the project(s) described in “Attachment B” of this resolution.

2. That the City of Concor
d has committed adequate staffing resources to complete the project(s) described in Attachment B.

3. A review of the project(s) described in Attachment B has resulted in the consideration of all pertinent matters, including those related to environmental and right‐of‐way permits and clearances, attendant to th e successful completion of the project(s).

4. Issues attendant to securing environmental and right‐of‐way permits and clearances for the projects described in Attachment B have been reviewed and will be concluded in a manner and on a schedule that will not jeopardize the deadline for the use of the TD A funds being requested.

5. That the project(s) described in Attachment B comply with the requirements of the California Environmental Quality Act (CEQA, Public Resources Code Sections 21000 et seq.).

6. That as portrayed in the budgetary description(s) of the project(s) in Attachment B, the sources of funding other than TDA are assured and adeq
uate for completion of the project(s).

7. That the project(s) described in Attachment B are for capital construction and/or final design and engineering or quick build project; and/or for the maintenance of a Class I bikeway which is closed to motorized traffic and/or Class IV separated bikeway; and/or for th
e purposes of restriping Class II bicycle lanes; and/or for the development or support of a bicycle safety education program; and/or for the development of a comprehensive bicycle and/or pedestrian facilities plan, and an allocation of TDA Article 3 funding for such a plan has not been receiv ed by the City of Concord within the prior five fiscal years.

8. That the project(s) described in Attachment B which are bicycle projects have been included in a detailed bicycle circulation element included in an adopted general plan, or included in an adopted comprehensive bikeway plan (such as outlined in Section 2377 of the California Bikewa ys Act, Streets and Highways Code section 2370 et seq.) or responds to an immediate community need, such as a quick‐build project.

9. That any project described in Attachment B bicycle project meets the mandatory minimum safety design criteria published in the California Highway Design Manual or is in a National Association of City and Transportation Officials (NACTO) guidance or similar best practices document.

10. That the project(s) described in Attachment B will be completed in the all ocated time (fiscal year of allocation plus two additional fiscal years).

11. That the City of Concord agrees to maintain, or provide for the maintenance of, the project(s) and facilities described in Attachment B, for the benefit of and use by the public.

Page 9 of 12 ends

November 2022 TDA Article 3 Model Resolution Page 5 Resolution No. 24‐XX page 2 of 4
Attachment B
TDA Article 3 Project Application Form

1. Agency City of Concord

2. Primary Contact Tianjun Cao, Associate Civil Engineer

3. Mailing Address 1950 Parkside Dr, MS/40, Concord, CA 94519

4. Email Address [email protected] 5. Phone Number 925‐671‐3243

6. Secondary Contact
(in the event
primary is not
available)
Bernard Enrile, Capital Improvement Program Manager

7. Mailing address (if
different) N/A☐

8. Email Address [email protected] 9. Phone Number 925‐671‐3031

10. Send allocation
instructions to (if
different from
above):

11. Project Title Village Rd/Cowell Rd Crossing Improvement Project

12. Amount requested $370,000 13. Fiscal Year of
Claim
24/25

14. Description of Overall Project:

15. Project Scope Proposed for Funding: (Project level environmental, preliminary planning, and ROW are ineligible uses of TDA funds.)

The project proposes to construct Rapid Rectangular Flashing Beacons (RRFBs), bulb-outs or concrete islands, upgrades to existing curb ramps to meet current American with Disabilities Act (ADA) standards, and refreshing existing high-visibility crosswalks at two locations within the City. The two locations are at Cowell Road and Quail Court in front of Concord Community Park and at Village Road and Silverwood Drive near Monte Gardens Elementary School and Shadelands Special Education. The proposed bulb-outs or concrete islands will shorten the crossing distances for users of the crossings.

PS&E and CON

Page 10 of 12 ends

November 2022 TDA Article 3 Model Resolution Page 6

16. Project Location: A map of the project location is attached or a link to a online map of the project location is provided below:

Project Relation to Regional Policies (for information only)

17. Is the project in an Equity Priority Community? Yes☐ No☒

18. Is this project in a Priority Development Area or a Transit‐Oriented Community? Yes☐ No☒

19. Project Budget and Schedule
Project
Phase TDA 3 Other Funds Total Cost Estimated Completion (month/year)
Bike/Ped
Plan
ENV
PA&ED
PS&E $38,176 $9,544 $47,720 25-Mar
ROW
CON $257,824 $64,456 $322,280 25-Nov
Tot al Cos t $296,000 $74,000 $370,000

Page 11 of 12 ends

November 2022 TDA Article 3 Model Resolution Page 7

Project Eligibility
A. Has the project been reviewed by the Bicycle and Pedestrian Advisory Committee? Yes☒ No☐ If “YES,” identify the date and provide a copy or link to the agenda. 12/13/2023 If "NO," provide an explanation).

B. Has the project been approved by the claimant's governing body? Yes☒ No☐ If "NO," provide expected date:__________________

C. Has this project previously received TDA Article 3 funding? Yes☐ No☒ (If "YES," provide an explanation on a separate page)

D. For "bikeways," does the project meet Caltrans minimum safety design criteria Yes☐ No☐ pursuant to Chapter 1000 of the California Highway Design Manual? N/A

E. 1. Is the project categorically exempt from CEQA, pursuant to CCR Section 15301(c), Yes☒ No☐ Existing Facility?

2. If “NO” above, is the project is exempt from CEQA for another reason? Yes☐ No☐ Cite the basis for the exemption. __________________________ N/A☐ If the project is not exempt, please check “NO,” and provide environmental documentation, as appropriate.

F. Estimated Completion Date of project (month and year): ____November 2025___

G. Have provisions been made by the claimant to maintain the project or facility, or has Yes☒ No☐ the claimant arranged for such maintenance by another agency? (If an agency other than the Claimant is to maintain the facility, please identify below and provide the agreement.

H. Is a Complete Streets Checklist required for this project? Yes☒ No☐ If the amount requested is over $250,000 or if the total project phase or construction phase is over $250,000, a Complete Streets checklist is likely required. Please attach the Complete Streets checklist or record of review, as applicable. More information and the form may be found here: https://mtc.ca.gov/planning/transportation/complete‐streets

Page 12 of 12 ends

Staff Report
Date: January 9, 2024
To: City Council
From: Valerie J. Barone, City Manager
Reviewed by: William Tarbox, Director of Public Works
Prepared by: Craig Blythe, Administrative Services Manager [email protected]
(925) 671-3141
Subject: Considering the adoption of a Resolution that authorizes for the next five years (until January 8, 2029) the following: (1) submittal of Individual Grant Applications for all CalRecycle grant programs for which City of Concord is eligible, and authorizes the Public Works Director, or designee, to sign all related grant documents; and (2) authorizes the City Manager, or her designee, to accept and appropriate such funds when received.

CEQA: Not a project/exempt pursuant to Public Resources Code Section 21065, CEQA Guidelines Section 15060(c)(2), 15061(b)(3), 15262, 15273, and/or 15378.

Report in Brief
The California Department of Resources Recycling and Recovery (CalRecycle) administers programs to provide funding to local governments that help efforts to reduce, recycle and reuse solid waste generated in the state thereby preserving landfill capacity and protecting public health and safety and the environment. This funding assists municipalities in providing a variety of activities including beverage container collection, litter clean-up, advertising, and Senate Bill 1383 implementation, also known as the state mandated organics recycle bill. The attached resolution (in a form provided by CalRecycle) authorizes submittal of Individual Grant Applications for all CalRecycle grant programs for which City of Concord is eligible and authorizes the Director of Public Works or his designee to execute all Grant documents in the name of City of

4.f4.f

Page 1 of 5 ends

City Council Agenda Report
Agenda Item No. 4.f
January 9, 2024
Concord. As part of the same resolution, the Council authorizes the City Manager, or her designee, to accept and appropriate such funds when received.

Recommended Action
Adopt the attached Resolution.

Background
Pursuant to Public Resources Code section 48000 et seq. the Department of Resources Recycling and Recovery (CalRecycle) has established various payment programs to make payments to qualifying jurisdictions. CalRecycle requires a standing Resolution to be on file for each agency that will be requesting grant funding. This grant resolution covers five years from the date of adoption and authorizes the City Manager, or her designee, to be the authorized signatory on grant application requests to CalRecycle.

Adoption of this resolution updates and replaces Resolution No.23-63 that was adopted October 10, 2023. This new resolution includes specific language required by CalRecycle that was inadvertently omitted from Resolution No.23-63.

Analysis
CalRecycle releases Notice of Funding Availability for various grant programs throughout the year to assist local governments in implementing safe and effective waste management initiatives. These funding opportunities are in alignment with the City of Concord’s Citywide Climate Action Plan to meet the State’s and City’s goal of greenhouse reduction targets. Authorizing this resolution will allow the City to submit for funding opportunities that support existing and future climate action initiatives.

CalRecycle grant funded opportunities include the Local Government Oil Payment Program (LoGOPP), City/County Annual Payment and Reporting System (CAPRS), and the SB 1383 Local Assistance Grant Program. These grant programs are used to support the recycled oil collection program that includes free curbside pickup for Concord residents, litter abatement in the City’s right-of-ways, parks, and waterways, and Senate Bill 1383 (organics recycling) implementation efforts that include inspections, procurement, program analysis and evaluation.

The attached resolution follows the CalRecycle template that authorizes the City to apply for all CalRecycle grant programs. Additionally, the attached resolution authorizes the City Manager, or her designee, to accept and appropriate such funds when received.

Environmental Determination
This activity does not constitute a “project” and/or is exempt from environmental review pursuant to Public Resources Code Section 21065, California Environmental Quality Act (CEQA )Guidelines Sections 15060(c)(2), 15273, and/or 15378, because there is no potential that it will result in a direct or reasonably foreseeable indirect physical change

Page 2 of 5 ends

City Council Agenda Report
Agenda Item No. 4.f
January 9, 2024
in the environment and 15262 since the activity involves only feasibility and planning for possible future actions. Even if the activity does comprise a project for CEQA analysis, it falls within the “common sense” CEQA exemption set forth in CEQA Guidelines Section 15061(b)(3), excluding projects where “it can be seen with certainty that there is no possibility that the activity in question may have a significant effect on the environment.” No unusual circumstances exist and none of the exceptions under CEQA Guidelines Section 15300.2 apply. Individual projects will undergo CEQA analysis as necessary.

Financial Impact
This Resolution allows the City to be eligible for grant funding to meet state mandated activities, as such it has a net-positive impact on the city’s fiscal situation.

Public Contact
The City Council Agenda was posted.

Attachment

1. Resolution of the City of Concord authorizing submittal of Individual Grant Applications for all grant programs for which City of Concord is eligible

Page 3 of 5 ends

Res. No. 24-XX 1

BEFORE THE CITY COUNCIL OF THE CITY OF CONCORD

COUNTY OF CONTRA COSTA, STATE OF CALIFORNIA
A Resolution of the City of Concord authorizing for
five years (until January 8, 2029) submittal of
individual grant applications for all grant programs
for which City of Concord is eligible and authorizing
the City Manager to accept and appropriate such
funds when received
Resolution No. 24-XX
/
WHEREAS, Public Resources Code sections 48000 et seq. authorize the Department of Resources Recycling and Recovery (CalRecycle) to administer various grant programs (grants) in furtherance of the State of California’s (state) efforts to reduce, recycle and reuse solid waste generated in the state thereby preserving landfill capacity and protecting public health and safety and the environment; and
WHEREAS, in furtherance of this authority CalRecycle is required to establish procedures governing the application, awarding, and management of the grants; and WHEREAS, CalRecycle grant application procedures require, among other things, an applicant’s governing body to declare by resolution certain authorizations related to the administration of CalRecycle grants.

NOW, THEREFORE, BE IT RESOLVED that the City of Concord authorizes the submittal of applications to CalRecycle for all grants for which City of Concord is eligible; and BE IT FURTHER RESOLVED that the Director of Public Works, or their designee, is hereby authorized and empowered to execute in the name of City of Concord all grant documents, including but not limited to, applications, agreements, amendments and requests for payment, necessary to secure grant funds and implement the approved grant project; and BE IT FURTHER RESOLVED that the City Manager, or her designee, may accept and appropriate such funds when received.

BE IT FURTHER RESOLVED that these authorizations are effective for five years from the date of adoption (until January 8, 2029).

Attachment 1

Page 4 of 5 ends

Res. No. 24-XX 2
PASSED AND ADOPTED by the City Council of the City of Concord on January 9, 2024, by the following vote:

Joelle Fockler, MMC
City Clerk
APPROVED AS TO FORM:

Susanne Meyer Brown
City Attorney

Page 5 of 5 ends

1. Acceptance of improvements for the Monument Boulevard Class 1 Path (City Project No. 2455 and Federal Project No.

CML-5135(059) located along Monument Boulevard between
Systron Drive and Cowell Road; and directing the City Clerk to file a Notice of Completion.

2. Approval of an amendment to a Professional Services
Agreement in the amount of $60,000 (for a new not-to-exceed amount of $348,489.40) with Park Engineering; and authorizing the City Manager to execute the agreement in a form
acceptable to the City Attorney.

Report in Brief
Redgwick Construction of Oakland, CA (Redgwick) has completed all work associated with the Monument Boulevard Class 1 Path [City Project No. 2455 and Federal Project No. CML-5135(059)] (Project) and has provided the required one-year construction warranty bond.

The Project improvements included constructing a shared-use path along the east side of Monument Boulevard between Cowell Road/Oakmead Drive and Systron Drive/Walters Way, intersection improvements at Monument Blvd/Cowell Rd and

4.g4.g4.g4.g4.g

Page 1 of 10 ends

City Council Agenda Report
Agenda Item No. 4.g
January 9, 2024
Monument Blvd/Systron Dr, and bio-retention along with landscaping improvements within the Project limits. See attached Location Map (Attachment 1).

A Professional Services Agreement (PSA) with Park Engineering (Park) was approved by Council on May 24, 2022, for construction management of the project with a $258,424 not-to-exceed budget and a service end date of June 2023. In April of 2023, Council approved an amendment to the PSA with Park to acknowledge that the construction management work would need to extend into two construction seasons, matching the construction contract schedule. This second amendment is being recommended now for services rendered after June 2023, a necessary extension of time due to delays caused by PG&E.

Recommended Action

1. Accept improvements for the Monument Boulevard Class 1 Path (City Project No. 2455 and Federal Project No. CML-5135(059) located along Monument Boulevard between Systron Drive and Cowell Road; and direct the City Clerk to file a Notice of Completion.

2. Approve an amendment to a Professional Services Agreement in the amount of $60,000 (for a new not-to-exceed amount of $348,489.40) with Park Engineering; and authorize the City Manager to execute the agreement in a form acceptable to the City Attorney.

Background
On May 24, 2022, Council awarded the Project construction contract to Redgwick in the amount of $4,049,949.25 and the construction management agreement to Park in the amount of $258,424. Construction for the Project began on July 18, 2022, and was agreed upon with Redgwick to be a two construction-season project following the award of the project due to material lead times for traffic signal poles.

The scope of the Project included constructing a shared-use path along the east side of Monument Boulevard between Cowell Road/Oakmead Drive and Systron Drive/Walters Way, intersection improvements at Monument Blvd/Cowell Rd. and Monument Blvd/Systron Dr., and bio-retention along with landscaping improvements within the Project limits.

While the overall completion of construction for the Project took longer than programed due to delays from PG&E, construction was completed within the allotted budget and allocated construction working days.

The first amendment to the construction management contract (PSA) with Park was approved by Council on April 25, 2023, in the amount of $30,065.40. The amended total at that time was $288,489.40. This amendment was needed due shifting the project to become a two construction-season project.

Page 2 of 10 ends

City Council Agenda Report
Agenda Item No. 4.g
January 9, 2024
This second amendment covers the construction management work period that exceeded the June 2023 completion date. Construction was delayed due to delays in activating power to the site caused by PG&E.

Analysis
Redgwick has completed all improvements for the Project and Staff has inspected the work, which is in compliance with the Project plans and specifications. Redgwick has provided the 10% warranty bond, which guarantees the work from material and workmanship defects for one (1) year.

Please note that the completed construction project was built to the plans and specifications, and resulted in several abrupt transitions in the roadway at the intersection of Cowell/Galindo. These abrupt transitions exist because of the need to maintain ADA compliance of the crosswalks at the intersection while minimizing paving work, since a full pavement treatment of the intersection was not eligible for grant funding reimbursement. The Galindo Pavement Rehabilitation Project, scheduled for construction in 2025, will fully repave the intersection and smooth out the transitions.

The additional construction management and inspection work by Park was necessary because of delays related to activating power to the site caused by PG&E. The project budget has adequate funds within it to cover this additional cost. Staff is evaluating the submittal of a claim to PG&E for the additional costs and will pursue the claim if it seems viable.

City staff negotiated with Park and agreed on the additional cost for their extra services of $60,000. The additional cost is for construction management and inspection services that have already occurred. This will result in a new not-to-exceed total of $348,489.40 for the agreement.

Financial Impact
The construction contract was completed in the amount of $4,420,939.11, which is within the original construction contract, and within the approved 10% contingency.

The total budget for this Project is $5,629,000 and is funded by federal One Bay Area Grant (OBAG 2) funds (Fund 402), Measure J Local funds (Fund 475), and Measure V funds (Fund 401 and 490). There are sufficient funds in the Project budget for the amendment of the PSA.

Public Contact
The City Council Agenda was posted.

Attachments

1. Location Map

Page 3 of 10 ends

City Council Agenda Report
Agenda Item No. 4.g
January 9, 2024

2. Professional Services Agreement (PSA) Amendment

3. Notice of Completion

Page 4 of 10 ends

LOCATION MAP
Monument Boulevard Class 1 Path
City of Concord Project 2455
Project Boundary

Page 5 of 10 ends

Attachment 2

SECOND AMENDMENT TO AGREEMENT
This Second Amendment to Agreement (“Second Amendment”) is entered into on this date, January 9, 2024, and amends the Agreement between the following named, hereinafter referred to as, CONSULTANT and the following named, hereinafter referred to as, LOCAL AGENCY:

The name of the “CONSULTANT” is as follows:

Park Engineering
Incorporated in the State of California
The name of the “LOCAL AGENCY” is as follows:

City of Concord
WHEREAS, the LOCAL AGENCY and CONSULTANT entered into a Federally Funded Agreement, Agreement No. 5953, dated May 24, 2022 (the “Agreement”) wherein CONSULTANT agreed to provide professional services for construction management, inspection, and materials testing services.

WHEREAS, under Article IV “Performance Period” the Agreement provides that Agreement shall expire on June 30, 2024, “unless extended by AGREEMENT amendment.” WHEREAS, under Article XXI.A. “Change in Terms” the Agreement provides that Agreement may be amended by mutual written agreement of the parties.

WHEREAS, the parties mutually desire to amend the Agreement to extend the term.

NOW THEREFORE, in consideration of the promises and conditions set forth in the Agreement, the parties mutually desire to amend the Agreement as follow:

1. Section I of Article V “ALLOWABLE COSTS AND PAYMENT” is hereby amended to read as follows: The compensation to be paid to CONSULTANT including payment for extended construction duration shall be at the rates and schedules described in Exhibit A, dated December 4, 2023, and attached to the Second Amendment. However, in no event shall the amount CITY pays CONSULTANT exceed three hundred forty-eight thousand, four hundred eighty-nine dollars, and forty cents ($348,489.40) for the term of this Agreement.

2. Except as expressly amended herein, all other terms and conditions of the Federally Funded Agreement shall remain in full force and effect.

IN WITNESS WHEREOF, the parties have executed the Second Amendment on the date indicated above.

Signatures on the following page

Page 6 of 10 ends

Attachment 2
Dated: ______________ CONSULTANT
BY: ________________________
Jaemin Park
[email protected]
Dated: ________________ CITY OF CONCORD
By:______________________________
Valerie J. Barone
City Manager
APPROVED AS TO FORM: ATTEST:
____________________________ ____________________________________ Susanne Brown Joelle Fockler, MMC
City Attorney City Clerk
FINANCE DIRECTOR'S CERTIFICATION:

Concord, California
Date: ________________

I HEREBY CERTIFY THAT ADEQUATE FUNDS EXIST OR WILL BE RECEIVED DURING THE CURRENT FISCAL YEAR 2022/23 TO PAY THE ANTICIPATED EXPENSES TO BE INCURRED PURSUANT TO THIS CONTRACT.

THE SUM OF $60,000.00.

Account Code 4759500C999-74250 / 4752455117-74250 ($50,000) 4909500C999-74250 / 4902455117-74250 ($10,000)
Finance Director's Signature

Page 7 of 10 ends

Dec
ember 4, 2023
Mr.

Tianjun Cao, Associate Civil Engineer
City of Concord
1950 Parkside Drive, M/S 40
Concord, CA 94519
De
ar Tianjun,
As
previously discussed, Park Engineering CM & Inspection Services revised budget for the City’s Monument Blvd. Class 1 Path Project (Federal Project CML-5153(059)) will not be sufficient for completion of the project work.

Ou
r previous additional funds request for $30,000 in March was based on the City’s project completion target of June 30, 2023. However, as you know, the project experienced delays by PG&E completing our final electrical power services for our new signal systems at both the Systron/Walter and Cowell/Oakmead intersections. Also, Redgwick’s completion efforts, and related sub-contractor coordination & availability, continued through all of July. The PG&E delays and the extended completion efforts prolonged the need for inspection services.

Ad
ditionally, inspection efforts were needed for completion of punchlist items and City- added extra work to complete all contract work through August and the final PG&E power connection for the new Oakmead service pedestal at the end of September. The final paving work also required some significant acceptance testing to ensure contract compliance and meet federal funding requirements.

Th
e delays to impact the project completion date were not anticipated in the original additional funds request in March, please find an additional budget estimate of $60,000 to be added to our revised budget amount for continued services to ensure the project’s contract compliance. This estimate includes field time for the completion of all item and punchlist work, as well as hours to complete final payment to the Contractor and overall project files / documentation.

If t
here are any questions, or if any additional information is needed, please contact me on my mobile at 510-701-0319 or at [email protected].

Sin
cerely,
Stev
e Patterson, P.E.

Vice President
Attachment
Orinda Office
372 Village Square
Orinda, CA 94563
Tel: 925-257-2508
Fax: 925-401-7030
Emeryville Office
3960 Adeline Street, #3
Emeryville, CA 94608
Tel: 925-257-2508
Fax: 925-401-7030
Exhibit A

Page 8 of 10 ends

Please remit to:

Park Engineering, Inc.
372 Village Square
Orinda, CA 94563
City of Concord Date: December 1, 2023
Engineering Services Department PEI Project No. 22003
1435 Gasoline Alley
Concord, CA 94520 Invoice No.: 22003-11
Attention: Tianjun Cao, PE Billing Period: July 2023 through November 2023 Name Position/Service Hours OT
Hours Rate OT Rate Amount
Steve Patterson Construction Manager 60 0 88.64$ 86.06$ 5,318.40$ Mike Johnson Inspector 170 0 66.55$ 99.83$ 11,313.50$ Danielle White Inspector 7 0 66.55$ 99.83$ 465.85$ Anthony Fanucchi Inspector 0 8 66.55$ 99.83$ 798.60$ 17,896.35$
105.42% 18,866.33$
36,762.68$
10% 3,676.27$
40,438.94$
Direct Costs:

Name Amount
Inspection Services, Inc. 19,310.98$
19,310.98$
Total Invoice Amount 59,749.92$
Contract Summary:

Submitted by: This Invoice 59,749.92$
Previous Invoices 288,360.56$
Total to Date 348,110.48$
REVISED Task Order Amount 288,424.00$
Jaemin Park, P.E. Budget Remaining (59,686.48)$
President Percent Complete 120.7%
Fee
Total Labor
Service
Materials Testing and Special Inspection
Subtotal
Total (Direct + Overhead)
Invoice
Construction Management & Inspection Services for Monument Blvd. Class 1 Path City Project No. 2455
Subtotal
Overhead

Page 9 of 10 ends

RECORDING REQUESTED BY AND WHEN
RECORDED MAIL TO:

City Clerk
City of Concord
1950 Parkside Drive MS/03
Concord, CA 94519
APN(s): __ _n/a
(Space Above This Line for Recorder’s Use Only)
[Exempt from recording fee per Gov. Code § 27383]

NOTICE OF COMPLETION
(Cal. Civ. Code §§ 8180-8190, 8100-8118, 9200-9208)
A. The City of Concord, a California municipal corporation, entered into a written contract with Redgwick Construction Co. (Contractor) dated May 24, 2022. The surety on said contract is held by The Ohio Casualty Surety Company, 255 California St, San Francisco, CA, 94111.

B. NOTICE IS HEREBY GIVEN THAT:
(1) The name and address of the owner or reputed owner are:

City of Concord, 1950 Parkside Drive, Concord, CA 94519-2578 (2) The name and address of the direct contractor are:

Redgwick Construction Co., 21 Hegenberger Ct, Oakland, CA 94621, (3) The name and address of the construction lender, if any, are:

Not applicable
(4) A description of the site sufficient for identification, including the street address of the site, if any, follows:

The real property herein referred to is situated in the City of Concord, County of Contra Costa, State of California, and is described as follows: Monument Boulevard between Systron Drive and Cowell Road. See attached Map.
(5) The name, address, and relationship to the parties of the person giving the notice:

City of Concord, a California Municipal Corporation, 1950 Parkside Drive, Concord, CA 94519; person giving notice and owner.
(6) The person giving this notice is not a claimant
(7) This notice is given for (check one):

X Completion of the work of improvement as a whole.
___ Completion of a contract for a particular portion of the work of improvement. If the notice is given only of completion of a contract for a particular portion of the work of improvement as provided in California Civil Code Section 8186, provide the following information:
(a) The name and address of the direct contractor under that contract: See item B(2), above. (b) A general statement of the work provided pursuant to the contract: See item A above. (8) If signed by the owner’s successor in interest, the name and address of the successor’s transferor:

Not applicable
(9) The nature of the interest or estate of the owner: City Owned (10) The date of completion: January 9, 2024
I, Carlton Thompson, PE, say I am the City Engineer for the City of Concord, owner of the aforesaid interest or estate in the property described in the above Notice of Completion, and as such, make this verification on behalf of City of Concord; and that I have read the above Notice of Completion and know the contents thereof and that the facts stated therein are true of my own knowledge. I declare under penalty of perjury under the laws of the State of California that the foregoing is true and correct.

Executed on ___________________________, 20____, at
Concord, California
______________________________________
Carlton Thompson, PE, City Engineer (Signature)
ATTEST:
______________________________________
Joelle Fockler, MMC
City of Concord City Clerk
Attachment 3

Page 10 of 10 ends

1. Award of a Construction Contract in the amount of $378,091 to FBD Vanguard Construction, Inc. for the Citywide
Accessibility Improvements No. 10 (Project No. 2603) and authorizing staff to utilize the available project contingency for contract change orders up to 10% of the contract amount; authorizing the Mayor to execute the contract in a form acceptable to the City Attorney; and making the NEPA and CEQA determinations as provided in this staff report; (Funded by Community Development Block Grant Funds, Measure V
Lease Revenue Funds);

2. Approving related budget transfers in the total amount of $160,000 from Citywide Pothole & Base Repair (Project No. 2453), Citywide Arterial & Collector (Project No. 2458), and Citywide Traffic System Upgrade Project (Project No. 2493); and

3. Authorizing the City Engineer to accept the improvements upon completion of Project No. 2603; and directing the City Clerk to file a Notice of Completion.

NEPA: Categorical exclusion per Section 24 CFR 58.25 (a)(2).

4.h4.h4.h4.h

Page 1 of 11 ends

City Council Agenda Report
Agenda Item No. 4.h
January 9, 2024
CEQA: Not a project/exempt per CEQA Guidelines Sections 15060(c), 15061(b)(3), 15273, 15378, 15301, 15302, 15304, and/or Public Resources Code Section 21065.

Report in Brief
The Citywide Accessibility Improvements No. 10 project (Project No. 2603)(Project) will provide accessibility improvements within two locations around the City of Concord (City). The locations or streets included in the project are Concord Community Park, Chalomar Road, Rockne Drive, and Risdon Road, see Location Map (Attachment 1).

Project improvements include thirty-one (31) American with Disabilities Act (ADA) compliant curb ramps, striping, and minimal paving work.

The Project has been designed and competitively bid; and is at the point of construction contract award. If award is approved by the City Council (Council), project construction is expected to begin in February 2024 and be completed in April 2024, weather permitting.

Recommended Action

1. Award the construction contract in the amount of $378,091 to FBD Vanguard Construction Inc. of Livermore, CA for the Citywide Accessibility Improvements No. 10 (Project No. 2603); authorize staff to utilize the available project contingency for contract change orders that become necessary up to 10% of contract amount, and authorize the Mayor to execute the contract in a form acceptable to the City Attorney; and make the NEPA and CEQA determinations as provided in this staff report (Funded by Community Development Block Grants, Measure V Lease Revenue Funds).

2. Approve related budget transfers in the total amount of $160,000 from Citywide Pothole & Base Repair (Project No. 2453), Citywide Arterial & Collector (Project No. 2458), and Citywide Traffic System Upgrade Project (Project No. 2493).

3. Authorize the City Engineer to accept the improvements, upon completion of Project No. 2603, and direct the City Clerk to file a Notice of Completion.

Background
Each year, Council approves an allocation of Community Development Block Grant (CDBG) funds in the Capital Improvement Program (CIP) to fund both the design and the construction of ADA accessibility improvement projects. The ADA accessibility improvement projects include construction of sidewalk and curb ramps to improve accessibility in various locations throughout the City. Additionally, Council approves an allocation of local funds to supplement the appropriated CDBG funds. The local funds are used to fund the administrative project-related costs of this Project, since CDBG funds may not be used for that purpose.

Page 2 of 11 ends

City Council Agenda Report
Agenda Item No. 4.h
January 9, 2024
The Project was approved by the City Council in May 2023. The specific scope of work for the Project includes the construction of thirty-one (31) ADA compliant curb ramps.

This Project is part of the effort to upgrade all non-ADA compliant curb ramps citywide, especially those in high use pedestrian areas and school zone areas. In addition, ramp locations are also included as the City’s response to specific citizen requests. The Project as bid includes a Base Bid of thirty-one (31) ramp locations and Additive Bid #1 for additional concrete work.

Procurement Process
The Project was advertised for construction bids as required by State law and City policy. The Engineer’s Estimate for the Total Bid is $320,000. Bids were opened on November 9, 2023. Eight (8) bids were received in the amount ranging from $378,091.00 to $548,344.99. The basis of award for this Project is the Base Bid. The lowest bid was received from FBD Vanguard Construction Inc. of Livermore, CA (FBD Vanguard). A summary of the three lowest bids is as follows, for the full Bid Summary, see Attachment 2:

BID

SCHEDULE
Engineer's
Estimate
FBD Vanguard
Construction
Inc.

Kerex
Engineering
Sandstone
Environmental
Engineering
Inc.

Base Bid $ 304,810 $371,931 $397,778 $409,292
Additive
Bid #1
$8,800 $6,160 $8,800 $10,560
Total Bid $ 320,000 $378,091 $406,578 $419,852
FBD Vanguard was the low bidder and submitted a responsive and responsible bid.

FBD Vanguard has an appropriate and valid contractor’s license and satisfactory work references.

City staff (Staff) completed analysis of FBD Vanguard’s bid, determining that this firm along with its subcontractors possess appropriate and valid licenses, and are not on any debarred lists. FBD Vanguard is registered with the Department of Industrial Relations as required by SB 854. Should Council award this contract, thirty-one (31) ramps will be constructed. See attached Location Map (Attachment 1).

Bids were higher than anticipated for this Project compared to previous Citywide Accessibility Improvements projects due to increased unit prices for various concrete scope of work.

Page 3 of 11 ends

City Council Agenda Report
Agenda Item No. 4.h
January 9, 2024
Financial Impact
The current total budget for this Project is $360,000 and is funded by $60,000 in Measure V Lease Revenue Funds (Fund 401) and $300,000 in CDBG funds (Fund 254). There are insufficient funds to award the construction contract, provide for a 10% construction contingency, provide for construction management, inspection and testing services, and Staff oversight.

Budget transfers in the total amount of $160,000 are needed to fully fund the Project.

The budget transfers are as follows: (1) $48,915.26 from the Citywide Pothole & Base Repair, Project 2453 (Fund 401) because the project is complete and closed out; (2) $59,191.44 from the Citywide Arterial & Collector, Project 2458 (Fund 475) because the project is complete and closed out; and (3) $51,893.30 from the Citywide Traffic System Upgrade Project, Project 2493 (Fund 262) – this project is active but substantially completed and these funds remaining are available. The revised total project budget will be $520,000.

Environmental Determination
The Project is Categorically Excluded from preparation of an environmental review in accordance with Section 24 CFR 58.25 (a)(2) of the National Environmental Policy Act (NEPA). Pursuant to CEQA Guidelines Sections 15060(c), 15061(b)(3), 15273, 15378, and Public Resources Code Section 21065, award of this contract is not subject to environmental review under the California Environmental Quality Act (CEQA) of 1970, as amended, as it involves government funding/fiscal activities, and/or will not result in a direct or reasonably foreseeable indirect physical change in the environment. In the alternative, award of this contract is exempt under CEQA Guidelines Sections 15301 – Existing Facilities, 15302 – Replacement and Reconstruction, and 15304 – Minor Alterations to Land, as it involves constructing curb ramps where there is existing sidewalk, striping, and minimal paving work. No unusual circumstances exist and none of the exceptions under CEQA Guidelines Section 15300.2 applies. This determination reflects the City’s independent judgement and analysis. The Notice of Exemption will be filed with the County Clerk’s office following the Council award of the construction contract.

Public Contact
The City Council Agenda was posted.

Attachments

1. Location Maps

2. Bid Summary

3. Construction Contract

Page 4 of 11 ends

Attachment 1
Location Maps
Citywide Accessibility Improvements No. 10 (Project 2603) - R
amp upgrade locations

Page 5 of 11 ends

Attachment 1

Page 6 of 11 ends

City of Concord
Bid Sheet

PROJECT #2603 Bid Opening:

Citywide Accessibility Improvements No 10 Thursday,
November 9, 2023
2:00 p.m.

City Manager's Conference Room
Engineer’s Estimate: $320,000 To be awarded:

COMPANY TOTAL BID
FBD Vanguard Construction, Inc.
550 Greenville Road
Livermore, CA 94550

$378,091.00
Kerex Engineering
PO Box 23831
Pleasant Hill, CA 94523

$406,278.00
$406,578.00
Sandstone Environmental Engineering Inc.
3140 Anderson Ln
Oakley, CA 94561

$419,852.00
Sposeto Engineering Inc.
4558 Contractors Place
Livermore, CA 94551

$471,496.00
JPB Designs Inc.
5650 Main Ave, Suite 2
Orangevale, CA 95662

$477,820.00
S&H Construction
5560 Boscell Common
Fremont, CA 94538

$490,600.00
$490,610.00
FJ&I Engineering Inc.
1981 21st Street
San Pablo, CA 94806

$508,694.00
B&M Builders, Inc.
11330 Sunrise Park Drive, Suite C
Rancho Cordova, CA 95742

$512,189.00

Page 7 of 11 ends

COMPANY TOTAL BID
MCE Corporation
4000 Industrial Way
Concord, CA 94521

$548,344.79
$548,344.99

Contact: Tianjun Cao x3234

Page 8 of 11 ends

1 of 3

CONTRACT
THIS CONTRACT, made and entered into this January 9, 2024, between the CITY OF CONCORD, a general law city in Contra Costa County, California, hereinafter called "City", and FBD Vanguard Construction Inc., 550 Greenville Road, Livermore, CA, 94550, hereinafter called "Contractor", for Citywide Accessibility Improvements No. 10, Project No. 2603.

1. That for and in consideration of the payments and agreements hereinafter mentioned, to be made and performed by City, and under the conditions expressed in the two bonds attached hereto, the Contractor agrees with the City, at its his own cost and expense, to do all the work and furnish all the materials, except such as may be furnished by the City, as set forth in the Specifications, necessary to construct and complete in a good, workmanlike and substantial manner and to the satisfaction of the City the following work: mobilization, traffic control, storm water pollution control, clearing and grubbing, curb ramps, curb and gutter, sidewalk, valley gutter, signing, pavement marking installation; and all other work shown on the Plans and such other items or details that are required by the Plans, and specified in the Special Provisions, and also in accordance with all provisions of the 2022 edition of the State Standard Specifications, which said Special Provisions and State Standard Specifications are hereby specially referred to and by such reference made a part hereof.

The work to be done is shown on the Plans provided to Contractor in connection with the work to be performed hereunder, which Plans are hereby made a part of this contract.

2. The Contractor agrees to receive and accept $378,091 as full compensation for furnishing all materials and for doing all the work contemplated and embraced in this agreement; also for all loss or damage, arising out of the nature of the work aforesaid, or from the action of the elements, or from any unforeseen difficulties or obstruction which may arise or be encountered in the prosecution of the work until its acceptance by the City, and for all risks of every description connected with the work; also for all expenses incurred by or in consequence of the suspension or discontinuance of work and for well and faithfully completing the work, and the whole thereof, in the manner and according to the Plans and Specifications, and the requirements of the Engineer under them.

3. The City hereby promises and agrees with the Contractor to employ, and does hereby employ, the Contractor to provide the materials and to do the work according to the terms and conditions herein contained and referred to, for the price aforesaid, and hereby contracts to pay the same at the time,

Page 9 of 11 ends

2 of 3
in the manner and upon the conditions as provided; and the said parties for themselves, their heirs, executors, administrators, successors and assigns, do hereby agree to the full performance of the covenants herein contained.

4. Contractor is an independent contractor and is solely responsible for all acts of its employees, agents, or subcontractors, including any negligent acts or omissions. Contractor is not City’s employee and Contractor shall have no authority, expressed or implied, to act on behalf of the City as an agent, or to bind the City to any obligation whatsoever, unless the City provides prior written authorization to Contractor.

5. The Contract Documents may not be modified orally or in any manner other than by an agreement of the parties, in writing.

6. The Contract Documents, including but not limited to SP 9.09, are intended to provide the exclusive procedures for submission and resolution of Claims of any amount and apply in addition to the provisions of Public Contract Code § 9204 and §§ 20104 et seq., which are incorporated by reference herein.

7. Waiver of a breach or default under the Contract Documents shall not constitute a continuing waiver or a waiver of a subsequent breach of the same or any other provision of the Contract.

8. If any term of the Contract Documents (including any phrase, provision, covenant, or condition) is held by a court of competent jurisdiction to be invalid or unenforceable, the Contract Documents shall be construed as not containing that term, and the remainder of this Agreement shall remain in full force and effect; provided, however, this section shall not apply to the extent that enforcement of the Contract Documents without the term would be grossly inequitable under all the circumstances or would frustrate the purposes of the Contract Documents.

8. Time is of the essence to the terms of this contract.

Page 10 of 11 ends

3 of 3
NOTICE TO CONTRACTOR: If a corporation, attach a certified copy of the Bylaws or the Resolution of the Board of Directors authorizing execution of this contract and the bonds required hereby.

IN WITNESS WHEREOF, the parties to these presents have executed this contract the year and date first above written.

FBD Vanguard Construction Inc.
a California corporation

By:___________________________________
Contractor

CITY OF CONCORD,
a municipal corporation

By:___________________________________
Mayor
Email:_________________________________

APPROVED AS TO FORM:

By:__________________________________
City Attorney
ATTEST:

By:__________________________________
City Clerk

FINANCE DIRECTOR FUND CERTIFICATION

GL CODE ACCOUNT CODE AMOUNT
254-9500-C999-74200 254-2603-215-74200 $265,000.00
401-9500-C999-74200 401-2603-115-74200 $48,899.56
475-9500-C999-74200 475-2603-115-74200 $59,191.44
262-9500-C999-74200 262-2603-115-74200 $5,000.00

I hereby certify that adequate funds exist or will be received during the 2023-24 Fiscal Year to pay for the anticipated expenses to be incurred pursuant to this contract.

Director of Finance

Page 11 of 11 ends

Staff Report
Date: January 9, 2024
To: City Council
From: Valerie J. Barone, City Manager
Prepared by: Justin Ezell, Assistant City Manager
[email protected]
(925) 671-3155
Subject: Considering the adoption of a Resolution accepting and appropriating SB 104 funding from the State of California in the amount of $1,000,000 for the Yellow Roof Foundation; and authorizing the City Manager to execute all the necessary documents, subject to City Attorney approval. (Fund 830 Custodial Fund)
CEQA: Not a project pursuant to CEQA Guidelines Section 15060(c)(2), 15061(b)(3), and/or 15378.

Report in Brief
On September 13, 2023, Governor Newsom granted approval to Senate Bill (SB) 104.

This bill brought amendments to the Budget Acts of 2022 and 2023, incorporating changes such as modifications and additions to appropriation items. Notably, it included a $1,000,000 allocation to the City of Concord for the Yellow Roof Foundation. The advocacy for this funding, with a focus on promoting affordable housing within the city, was spearheaded by Assemblymember Tim Grayson.

Recommended Action
Adopt a Resolution accepting and appropriating SB 104 funding from the State of California in the amount of $1,000,000 for the Yellow Roof Foundation; and authorize the City Manager to execute all the necessary documents, subject to City Attorney approval.

Background
On June 15, 2023, SB 101, the State Legislature's budget, was passed and subsequently signed on June 27, 2023. Assembly Bill (AB) 102, signed by the Governor Benched Agenda Item No. 4.i
January 9, 2024
Change highlighted in yellow –
page 2 of the report

4.i4.i

Page 1 of 6 ends

City Council Agenda Report
Agenda Item No. 4.i
January 9, 2024
on July 10, 2023, amended SB 101 and, combined with it, constitutes the 2023-24 budget agreement. Notably, AB 102 included provisions directing a $1,000,000 allocation to the Yellow Roof Foundation through the City of Concord.

In September, SB 104 introduced additional changes and corrections to finalize the 2023-24 budget agreement. The comprehensive budget, totaling around $310.8 billion, with $225.9 billion sourced from the General Fund, retained a $1,000,000 allocation to the City of Concord for the Yellow Roof Foundation. This allocation aligns with legislative priorities concerning housing.

The Yellow Roof Foundation, a local non-profit charitable organization, focuses on creating new affordable housing opportunities for at-risk families and individuals facing homelessness in the Bay Area.

Analysis
On December 4, 2023, staff received notification from HCD that the State Controller’s Office had completed the processing of SB 104 funds. The City received the $1 million in funds on December 7, 2023. The City acts only as a pass-through for the funds. The City has no contractual, monitoring, or reporting obligations with HCD. The City is expected to directly transfer the funds to the Yellow Roof Foundation without placing any requirements on the Yellow Roof Foundation.

Environmental Determination
This activity does not constitute a “project” within the meaning of CEQA Guidelines Sections 15060(c)(2) and/or 15378, because there is no potential that it will result in a direct or reasonably foreseeable indirect physical change in the environment since the activity involves only accepting and allocating State-designated funding, including pursuant to CEQA Section 15378(b)(4) (government fiscal activity without any commitment to any specific project which may result in a potentially significant physical impact on the environment), and/or CEQA Section 15378(b)(5) and organizational or administrative activities of governments that will not result in direct or indirect physical changes in the environment. Even if the activity does comprise a project for CEQA analysis, it falls within the “common sense” CEQA exemption set forth in CEQA Guidelines Section 15061(b)(3), excluding projects where “it can be seen with certainty that there is no possibility that the activity in question may have a significant effect on the environment.” No unusual circumstances exist and none of the exceptions under CEQA Guidelines Section 15300.2 apply. Individual projects will undergo CEQA analysis as necessary.

Financial Impact
There is no fiscal impact because the City is a pass-through agency for the SB 104 funds. Receipt and allocation of this funding will not result in any future reporting or monitoring requirements.

Page 2 of 6 ends

City Council Agenda Report
Agenda Item No. 4.i
January 9, 2024
Public Contact
The City Council Agenda was posted.

Attachment

1. Resolution accepting and appropriating SB 104 funding from the State of California in the amount of $1,000,000 for the Yellow Roof Foundation

Page 3 of 6 ends

Res. No. 24-XX 1

BEFORE THE CITY COUNCIL OF THE CITY OF CONCORD

COUNTY OF CONTRA COSTA, STATE OF CALIFORNIA
A Resolution Accepting and Appropriating SB 104
funding from the State of California in the amount
of $1,000,000 for the Yellow Roof Foundation
(Fund 830 Custodial Fund)
Resolution No. 24-XX
/
WHEREAS, on June 15, 2023, Senate Bill 101, the State Legislature's budget, was passed and subsequently signed on June 27, 2023; and
WHEREAS, Assembly Bill 102, signed by the Governor on July 10, 2023, amended Senate Bill 101 which constitutes the 2023-24 budget agreement; and WHEREAS, Assembly Bill 102 included provisions directing a $1,000,000 allocation to the Yellow Roof Foundation through the City of Concord; and WHEREAS, Senate Bill 104 introduced additional changes and corrections to finalize the 2023-24 budget agreement, which included a $1,000,000 allocation to the City of Concord for the Yellow Roof Foundation to support legislative priorities concerning housing; and WHEREAS, the Yellow Roof Foundation is a local non-profit charitable organization that focuses on creating new affordable housing opportunities for at-risk families and individuals facing homelessness in the Bay Area; and
WHEREAS, on December 7, 2023, the City of Concord received a check from the State of California in the amount of $1,000,000 for the Yellow Roof Foundation.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF CONCORD DOES RESOLVE AS FOLLOWS:

Section 1. This activity does not constitute a “project” within the meaning of CEQA Guidelines Sections 15060(c)(2) and/or 15378, because there is no potential that it will result in a direct or reasonably foreseeable indirect physical change in the environment since the activity involves only accepting and allocating State-designated funding, including pursuant to CEQA Attachment 1

Page 4 of 6 ends

Res. No. 24-XX 2
Section 15378(b)(4) (government fiscal activity without any commitment to any specific project which may result in a potentially significant physical impact on the environment), and/or CEQA Section 15378(b)(5) and organizational or administrative activities of governments that will not result in direct or indirect physical changes in the environment. Even if the activity does comprise a project for CEQA analysis, it falls within the “common sense” CEQA exemption set forth in CEQA Guidelines Section 15061(b)(3), excluding projects where “it can be seen with certainty that there is no possibility that the activity in question may have a significant effect on the environment.” No unusual circumstances exist and none of the exceptions under CEQA Guidelines Section 15300.2 apply. Individual projects will undergo CEQA analysis as necessary.

Section 2. Accept funding in the amount of $1,000,000 from the State of California.

Section 3. Allocate and appropriate the funding to the Yellow Roof Foundation (Fund 830).

Section 4. Authorize the City Manager, or her designated representative, to execute all the necessary documents, subject to City Attorney approval.

Section 5. This resolution shall become effective immediately upon its passage and adoption. //
//
//
//
//
//
//
//
//
//
//
//

Page 5 of 6 ends

Res. No. 24-XX 3
PASSED AND ADOPTED by the City Council of the City of Concord on January 9, 2024, by the following vote:

Joelle Fockler, MMC
City Clerk
APPROVED AS TO FORM:

Susanne Meyer Brown
City Attorney

Page 6 of 6 ends

Staff Report
Date: January 9, 2024
To: City Council
From: Valerie J. Barone, City Manager
Prepared by: Justin Ezell, Assistant City Manager
[email protected]
(925) 671-3155
Subject: Considering approval of artwork for six utility boxes as Phase III.b of the Utility Box Artwork Program located on Clayton Road and Concord Boulevard, between Kirker Pass Road and the downtown area, and the replacement of artwork for three utility boxes on Willow Pass Road near Todos Santos Plaza, without prior Council approval of the art; appropriating and authorizing the City Manager to provide $3,000 in restricted City Arts in Public Places Funds ($1,520 from Fund 285 and $1,480 from Fund 286) to the Concord Art Association for the art replacement on the three utility boxes; and authorizing the City Manager to execute the artist agreements in a form approved by the City Attorney.

CEQA: Exempt/not a project per CEQA Guidelines Sections 15060(c)(2), 15378, 15061(b)(3), and/or 15300.2.

Report in Brief
In partnership with the City, the Concord Art Association installed artwork on traffic signal and other utility cabinets throughout the City. Work began in 2019 and involves 29 cabinets to date. The Recreation, Cultural Affairs, and Community Services Committee is recommending artwork for six additional cabinets and the replacement of artwork at three of the existing locations where utility boxes that had artwork on them were removed as a part of traffic system upgrades (see Attachment 1). Further the Committee is recommending investing $3,000 in one-time funding towards the replacement artwork. The funding would come from the City’s restricted fund for public art and does not represent a commitment to pay for future utility artwork.

5.a5.a5.a5.a

Page 1 of 41 ends

City Council Agenda Report
Agenda Item No. 5.a
January 9, 2024
Recommended Action
Approve the artwork for six utility boxes as Phase III.b of the Utility Box Artwork Program located on Clayton Road and Concord Boulevard, between Kirker Pass Road and the downtown area, and the replacement of artwork for three utility boxes on Willow Pass Road near Todos Santos Plaza, without prior Council approval of the art; appropriate and authorize the City Manager to provide $3,000 in restricted City Arts in Public Places Funds ($1,520 from Fund 285 and $1,480 from Fund 286) to the Concord Art Association for the art replacement on the three utility boxes; and authorize the City Manager to execute the artist agreements in a form approved by the City Attorney.

Background
In 2019, the City and Concord Art Association (CAA) collaborated to install a combination of vinyl wrapped and directly painted artwork on eleven utility boxes in the downtown. The theme of the 2019 project (Phase I), “Music and Market,” featured artists selected by the CAA through a call for artists. The Recreation, Cultural Affairs and Community Services Committee (RCACS) reviewed artwork before formal approval by the City Council. Project funding was a combination of an $11,600 City contribution from the Art in Public Places Fund, and $5,000 raised by CAA through sponsorships.

CAA completed a Phase II project in 2020. This project consisted of four traffic signal cabinets around the downtown with the theme “Celebrate Concord.” The theme allowed artists to shed a positive light on the many great things around Concord and focus on bringing the community together through art. Similar to Phase I described above, CAA selected artists through a call for artists. RCACS reviewed the artwork and recommended approval to the City Council. Unlike Phase I, CAA funded Phase II through sponsorships, with the exception of in-kind city services such as utility box preparation and legal documents.

Phase III was approved by the City Council in February 2022. CAA recently completed the initial portion of the Phase III program (“Phase III.a”), which included fourteen traffic signal cabinets having the theme “Concord Reflections.” The artwork was selected by RCACS and authorized by Council based on designs that reflect the context of the neighborhood in which they are located. Phase III includes a total of twenty traffic signal cabinets; the remaining six locations is referred to as “Phase III.b.” The City committed $10,000 of Art in Public Places funds and in kind city services, and CAA committed to funding the remaining amount. A key aspect of the Phase III program is that it aligns with the City’s Highway Safety Improvement Program (HSIP) funded traffic signal upgrade project that is currently underway. CAA painted fourteen of the twenty traffic signal cabinets being replaced under the HSIP program prior to their installation and intends to do the same for the six Phase III.b locations.

Artwork Replacement
The City’s HSIP project that is currently underway involved removal and replacement of four traffic signal cabinets that had artwork installed as a part of Phases I-II of the

Page 2 of 41 ends

City Council Agenda Report
Agenda Item No. 5.a
January 9, 2024
program. At the time that these phases occurred, the City did not know that it would receive grant funding for the HSIP program, and therefore did not anticipate the traffic signal cabinets being removed within the next five years. As a part of the approval process, however, the City made it clear that artwork removal may be necessary at any time, and that the City had no obligation to replace. Traffic cabinets can be replaced for a number of reasons—damage from a traffic accident and implementation of signal upgrades being the two most likely.

CAA is motivated to replace three of the removed artwork locations and the RCACS Committee recommends that the City provide $3,000 of Art in Public Places funding to cover the cost of artwork replacement, in addition to any soft costs that will also be borne by the City. RCACS also recommends granting CAA approval to paint the signal cabinets without issuing a call for artists or judging the artwork. Approval of this recommendation would allow CAA to directly select artists who are capable of reproducing artwork that is similar in nature and consistent with the original Music and Market theme.

Artwork for Phase III.b
Phase III.b consists of six locations, for which CAA issued a call for artists and presented recommended artwork to RCACS for consideration. RCACS concurred on five of the six recommendations and chose one alternate. RCACS is recommending that Council approve these six pieces of artwork. The artwork will be placed on traffic signal cabinets located on Clayton Road and Concord Boulevard, between Kirker Pass Road and the downtown area (Attachment 2).

Analysis
CAA previously secured the $6,000 needed to complete Phase III.b. CAA requests ongoing City support for this phase in the form of in-kind city services such as legal documents and site preparation, which is consistent with what Council authorized in February 2022.

The requested $3,000 to fund the replacement of artwork is available in the two Art in Public Places funds, which have a combined total of $14,445 available. The Art Funds do not have a source of funding so as Council authorizes expenditures from them, they are being reduced. One fund is a Redevelopment Agency leftover, and the other was created by a developer fee that was eliminated years ago. These funds can only be used to support art within the community—they cannot be used for general operating costs nor invested in non-art related projects or programs.

Financial Impact
The Fund has $14,445 available to cover the $3,000 cost of replacement artwork at three locations. The cost of needed in-kind city services for such things as legal documents and site preparation would be borne by the approved operating budget.

Page 3 of 41 ends

City Council Agenda Report
Agenda Item No. 5.a
January 9, 2024
Environmental Determination
This activity does not constitute a “project” within the meaning of CEQA Guidelines Section 15060 (c)(2) or CEQA Guidelines Section 15378, because there is no potential that it will result in a direct or reasonably foreseeable indirect physical change in the environment. Even if the activity does comprise a project for CEQA analysis, it falls within the “common sense” CEQA exemption set forth in CEQA Guidelines Section 15061(b)(3), excluding projects where “it can be seen with certainty that there is no possibility that the activity in question may have a significant effect on the environment.” No unusual circumstances exist and none of the exceptions under CEQA Guidelines Section 15300.2 apply. This determination reflects the City’s independent judgment and analysis.

Public Contact
The City Council Agenda was posted.

Attachments

1. Artwork Replacement Locations

2. Phase III.b Artwork Locations

Page 4 of 41 ends

Attachment 1
Artwork Replacement Locations

Page 5 of 41 ends

CITY OF CONCORD
Legend

HSIP - TRAFFIC SIGNAL IMPROVEMENTS

CLAYTON

BONIFACIO
SALVIO

DAVID MINERT TREAT
EAST

GRANTMT DIABLO
FRY
SIXTH

PARKSIDE
EAST
GRANT
I 680 I 680

WHITMAN

WEST DENKINGER
BAILEY

OLIVERA

CLAYTON
GALAXY

MT DIABLO
COWELL
MYRTLE
OLIVE
BATES
STATE HWY 4

WILLOW PASS
STATE HWY 242

SANFORD

PT CHICAGO
AYERS

SAN MIGUEL

DETROIT

SAN SIMEON

DIAMOND
MEADOW

OAK GROVE CITRUS

CONCORD

YGNACIO VALLEYMOHR

ARNOLD IND

CONCORD

BURNETT

LYNWOOD

LANDANA
SOLANO
LARWIN
MARSH
WALNUT

CHESTNUT

MONUMENT

KIRKER PASS
MARKET

CRYSTYL RANCH
BABEL

GALINDO

TURTLE CREEK

FARM BUREAU

MICHIGAN

ALBERTA
AYERS

GALINDO

CONTRA COSTA LAGUNA

BONIFACIO
SALVIO

WILLOW PASS

CLAYTON

CONCORD
SUNSET

THORNWOOD KIRKER PASS

KIRKWOOD

CONCORD

CLAYTON

OAK GROVE
STATE HWY 4
STATE HWY 242
MARKET

OAKLAND

PT CHICAGO
Upgrade Controller, Cabinet, CIP VDS
Upgrade Controller, Cabinet
Upgrade Controller, CIP VDS
Upgrade Cabinet, CIP VDS
Upgrade Controller
Upgrade CIP VDS
HSIP 1 (Controller, Cabinet Only)
HSIP 2 (Controller, Cabinet Only)
NOTES:

HSIP 1 IS FROM CYCLE 9 FUNDING
HSIP 2 IS FROM CYCLE 10 FUNDING
Installed Locations
Phase III.b Locations
Attachment 2

Page 6 of 41 ends

Utility Box Artwork Project
• Recommendations from the RCACS Committee:
• Approve the artwork for the six Phase III.b locations; • Authorize replacement of artwork at the three locations near Todos Santos Plaza;
• Appropriate and authorize $3,000 of Art in Public Places funds for the replacement artwork near Todos Santos Plaza; and
• Authorize the City Manager to execute the artist agreements in a form approved by the City Attorney.
1/9/2024 Prepared by Concord Art Association 1

Page 7 of 41 ends

City of Concord
Utility Box Art Project
Phase IIIB
Finalist Designs for City Council Approval
January 9, 2024
1/9/2024 Presented by Concord Art Association 2

Page 8 of 41 ends

Selection
Process
Twenty-four designs submitted for Phase IIIB
Jury narrowed the designs to 12 using criteria:
• Expression of theme “Concord Reflections”
• Readability-was the design bold enough for a busy
intersection?
• Composition and other artistic factors
RCACS Committee selected 6 Top Designs and 1
Alternate, CAA suggested another alternate
Tonight-Approval of final designs by City Council
1/9/2024 Presented by Concord Art Association 3

Page 9 of 41 ends

Box
Locations
Phase IIIB
1/9/2024 Presented by Concord Art Association 4
• Concord Blvd & Kirker Pass Road (On-site
painting of battery box okay)
• Concord Blvd & Farm Bureau Rd. (On-site
painting of battery box okay)
• Clayton Rd. Coventry & 6th St. (On-site painting
of battery box is impossible due to location.

Recommend city approve art on three sides of
box.)
• Concord Blvd. & Bailey Rd.
• Concord Blvd. & Landana
• Clayton Rd. & Denkinger Rd.

Page 10 of 41 ends

Top 6
D4 Front and Side (Battery Box)
1/9/2024 Presented by Concord Art Association 5

Page 11 of 41 ends

Top 6
D4 Back and Side
1/9/2024 Presented by Concord Art Association 6

Page 12 of 41 ends

Top 6
F6 All Sides
1/9/2024 Presented by Concord Art Association 7

Page 13 of 41 ends

Top 6
F6 Digital Mock-ups
1/9/2024 Presented by Concord Art Association 8

Page 14 of 41 ends

Top 6
M13 Front and Side (Battery box)
1/9/2024 Presented by Concord Art Association 9

Page 15 of 41 ends

Top 6
M13 Back and Side
1/9/2024 Presented by Concord Art Association 10

Page 16 of 41 ends

Top 6
P17 Back and Side
1/9/2024 Presented by Concord Art Association 11

Page 17 of 41 ends

Top 6
P17 Front and Side-Top 6
1/9/2024 Presented by Concord Art Association 12

Page 18 of 41 ends

Top 6
R19 Front and Side
1/9/2024 Presented by Concord Art Association 13

Page 19 of 41 ends

Top 6
R19 Back and Side
1/9/2024 Presented by Concord Art Association 14

Page 20 of 41 ends

Top 6
O16 Front and Side (Battery box)
1/9/2024 Presented by Concord Art Association 15

Page 21 of 41 ends

Top 6
O16 Back and Side
1/9/2024 Presented by Concord Art Association 16

Page 22 of 41 ends

Alternate (designated by Parks & Rec)
U22 All Four Sides Showing Wrap
1/9/2024 Presented by Concord Art Association 17

Page 23 of 41 ends

Alternate (suggested by CAA)
L12 Front and Side
1/9/2024 Presented by Concord Art Association 18

Page 24 of 41 ends

Next Steps
Following
Council
Approval
1/9/2024 Presented by Concord Art Association 19
• Complete Artist Agreement language update
• Complete warehouse details with Public Works
• City previously agreed to provide tables, chairs, etc. • CAA will provide city staff with artist contact
information

Page 25 of 41 ends

Timeline
• After Council Approval:
• Signing of Artist Agreements by
end of January
• Start of painting early February
• Complete painting mid-March
1/9/2024 Presented by Concord Art Association 20

Page 26 of 41 ends

Replacement Art for
Phase I and II
Traffic Control Boxes
Presented by the
Concord Art Association
January 9, 2024
1/9/2024 Prepared by Concord Art Association 21

Page 27 of 41 ends

Concept
• City of Concord Traffic Project resulted in the removal of three traffic control boxes with art created in Phases I and II of the Utility Box Art Project
• Concord Art Association proposes a project to replace the art from the original boxes with new and in one case replicated art • CAA approached three groups of artists to perform this work • Two designs are new, meaning different from the previously approved and installed art
• One design will come close to replicating the original design 1/9/2024 Prepared by Concord Art Association 22

Page 28 of 41 ends

Box 1 Location
• Mt. Diablo and Willow Pass Road
• Artwork theme is Celebrate Concord.
• The original team of artists has agreed to paint the new box with the same design.

1/9/2024 Prepared by Concord Art Association 23

Page 29 of 41 ends

Mt. Diablo and
Willow Pass
Road 1
• Images of the box on
site
1/9/2024 Prepared by Concord Art Association 24

Page 30 of 41 ends

Mt. Diablo and
Willow Pass
Road 2
• Box on site. First image
is sideways.
1/9/2024 Prepared by Concord Art Association 25

Page 31 of 41 ends

Box 2 Location
• Grant and Willow Pass Road
• Artwork theme is Music and Market
• Box originally clad in a vinyl wrap printed with the artist’s design. Due to issues and cost with the vinyl wrap process, CAA recommends that this box be painted.
• A new team of artists prepared design.
1/9/2024 Prepared by Concord Art Association 26

Page 32 of 41 ends

Grant Street
and Willow Pass
Road 1
• Images showing the
white versus blue
background
1/9/2024 Prepared by Concord Art Association 27

Page 33 of 41 ends

Grant Street
and Willow Pass
Road 2
• Images with white
background
1/9/2024 Prepared by Concord Art Association 28

Page 34 of 41 ends

Box 3 Location
• Colfax and Willow Pass Road
• Artwork theme is Music and Market
• Box originally clad in a vinyl wrap printed with the artist’s design. Due to issues and cost with the vinyl wrap process, CAA recommends that this box be painted.
• A new team of artists prepared design.
1/9/2024 Prepared by Concord Art Association 29

Page 35 of 41 ends

Colfax and Willow Pass Road
1/9/2024 Prepared by Concord Art Association 30

Page 36 of 41 ends

Costs and Funding for Replacement Art Project
• Costs:
• Artist awards include design and painting of boxes-$1,000 per box split between each team of artists.
• Total awards-$3,000.
• Funding:
• CAA has received $3,000 earmarked for public art or Teacher Grant and/or DVC Art Scholarship programs.
• However, use of CAA funds means we will not be able to fund our Teacher Grant and/or DVC Art Scholarship to the extent needed for 2024. • CAA requests City of Concord approve $3,000 for this project. 1/9/2024 Prepared by Concord Art Association 31

Page 37 of 41 ends

Timeline for Replacement Art Project
• December 5-Recreation, Cultural Affairs, and Community Services Committee meeting (approval to move forward)
• January 9-Full City Council Approval
• Painting to be done on-site spring 2024, depending on weather • City previously committed to provide canopies, tables, chairs, cones, hazard tape
1/9/2024 Prepared by Concord Art Association 32

Page 38 of 41 ends

In Addition…
• CAA will work with city staff as needed to develop a process of notification of any damage of installed artwork.
• CAA is considering establishing a fund for repair of utility box art.

Amount and duration of funding under discussion with BOD. • Currently, members of CAA advise the city of any tagging or graffiti observed on the boxes. Because the boxes are coated with anti- graffiti material, so far, the city has been able to remove the tagging, etc.
1/9/2024 Prepared by Concord Art Association 33

Page 39 of 41 ends

For more information email:
[email protected]
1/9/2024 Presented by Concord Art Association 34

Page 40 of 41 ends

Council Action
• As recommended by RCACS Committee:
• Approve the artwork for the six Phase III.b locations; • Authorize replacement of artwork at the three locations near Todos Santos Plaza;
• Appropriate and authorize $3,000 of Art in Public Places funds for the replacement artwork near Todos Santos Plaza; and
• Authorize the City Manager to execute the artist agreements in a form approved by the City Attorney.
1/9/2024 Prepared by Concord Art Association 35

Page 41 of 41 ends

City of Concord

MEMORANDUM
January 9, 2024
TO: Concord City Council
FROM: Valerie Barone, City Manager
WRITTEN BY: Sophia Huckabay, Housing Manager
SUBJECT: Considering:
(1) Direction on Permanent Relocation Assistance policy options identified in the draft Residential Tenant Protection Program Ordinance, and
(2) Introduction of an Ordinance amending the Concord Municipal Code by amending Concord Municipal Code Chapter 19.40
“Residential Tenant Protection Program” to increase “just cause” eviction protections, expand the City’s rent registry, and establish a rent stabilization program, by reading of the title only and waiving further reading. (Continued from December 12, 2023; This item was opened on Tuesday, December 12, 2023, and further discussion was continued to Tuesday, January 9, 2024. Please note that public comment on this item was taken on Tuesday,
December 12, 2023, and the public comment period has been closed).

CEQA: Not a project/exempt pursuant to Public Resources Code Section 21065, CEQA Guidelines Sections 15060(c), 15061(b)(3), and/or 15378.

This item was opened on Tuesday, December 12, 2023, as Agenda Item 4.a. At the December 12, 2023, Council meeting, Council received a staff report presentation and took approximately three hours of public comment, then closed the Public Comment period and continued the item to the January 9, 2024, City Council meeting. This link to the December 12, 2023 meeting contains the original staff report, the draft Ordinance and other related attachments, as well as a video link to the meeting.

As this is a continued item, the staff report and all attachments from the December 12, 2023, meeting are still under consideration by the Council at the meeting on January 9, 2024.

6.a6.a6.a6.a6.a6.a6.a6.a

Page 1 of 122 ends

In addition to the staff report, written and verbal public comments received and attachments to the December 12 meeting (which are available through the December 12 meeting link above), staff has provided additional information as attachments to this memo. They are listed below under the Attachments heading.

Possible Council Actions: At the January 9, 2024, Council meeting, the Council will deliberate on this item and take action.

Council may choose to take one of the following actions:

A. Provide clear direction to staff on how Council desires to handle permanent relocation assistance and any other changes to the draft ordinance desired by the Council and, after receiving confirmation from the City Attorney on the specific and necessary changes needed to the draft Ordinance to reflect the Council’s direction, introduce the Ordinance with the directed changes.

Should this action occur on January 9, then the second reading of the Ordinance would occur at the February 6, meeting, which would create an effective date for the ordinance to “go live” as of March 7, 2024—30 days after second reading.

OR
B. Provide direction to staff on how Council desires to handle permanent relocation assistance and any other changes to the draft ordinance desired by the Council and direct staff to return to Council with a revised draft ordinance at a special Council meeting on January 30 for introduction of the revised ordinance.

Should this alternative action be chosen, the City Clerk would publish the revised draft ordinance with a meeting agenda for the January 30 meeting no later than Friday, January

26. The second reading of the Ordinance would occur on February 13, 2024, which would create an effective date for the ordinance to “go live” of March 14, 2024—30 days after second reading.

Attachments:
1) Graph showing historical changes in average concord rent, consumer price index, certain costs associated with owning multi-family rental properties, and information on the Covid-19 pandemic related rent increase freezes and eviction moratoriums 2) Table of current rent increase caps and related provisions from CA cities with rent control/rent stabilization
3) Map of multi-family affordable housing complexes in Concord 4) Written public communication on the item received since the December 12, 2023, Council meeting

Page 2 of 122 ends

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Notes 100% of CPI 3% 2% 3% 4% 3% 4% 1% 4% 5% 4%
Bureau of Labor Statistics- San
Francisco-Oakland-Hayward, April
12-month
Concord Rents 7% 0% 15% 12% -3% 17% -9% 11% 3% 7%
Census Bureau; 2023 rates from
CoStar
LIHTC Rents 3% 1% 5% 7% 11% 7% 5% 5% 4% 4%
California Tax Credit Allocation
Committee- 2 bedroom at 60%
AMI
Water Rates 3% 3% 4% 6% 6% 6% 6% 4% 5% 7% Contra Costa Water District Sewage 23% 11% 12% 11% 9% 8% 8% 2% 4% 7% City of Concord PG&E Electricity -8% -1% 15% 12% 1% 7% 5% 9% 18% 13%
Average Bundled Total Rate for all
residential units
PG&E Gas 21% -3% 18% -7% 8% 0% 18% 25% 16% 14%
TOTAL Residential Non-CARE
Schedules Charge
Garbage 5% 4% 6% 6% 6% 9% 0% 3% 9% 9% Mt. Diablo Resource Recovery Jurisdiction Start Date Sunset Date
State 01/01/20 01/01/30
State 03/01/20 03/31/22
County 04/21/20 06/30/21
Concord 03/25/20 09/30/20Urgency Ordinance
Historical changes in average concord rent, consumer price index (CPI), certain costs associated with owning multi-family rental properties, and information on the Covid-19 pandemic related rent increase freezes and eviction moratoriums Dates of Significance
Policy
AB 1482
Eviction Moratorium
Eviction & Rent
Increase Moratorium
Attachment 1

Page 3 of 122 ends

Attachment 2
1 | Page
Rent Increase Caps in California and Low-Income Housing Tax Credit Covered Units City % of CPI
cap % +/- CPI cap Max
Cap
Min
Cap
(floor)
Current
Allowable
Rent
Increase
(12/18/23)
LIHTC Units Covered
Rent
Stabilization
Just Cause for
Eviction
State of CA - AB 1482
Tenant Protection Act 5% + local
CPI 10% N/A Varies per
region No No
Alameda City 70% of CPI 5% 1% 2.90% No No
Antioch 60% of CPI 3% N/A 1.68% Yes N/A
Baldwin Park 100% of
CPI 5% 1% 3.80% No Yes
Berkeley 65% of CPI 7% 0% 4.40% No No
Beverly Hills
(Chapter 6 tenancies)
100% of
CPI N/A 3% 3.20% No No
Commerce 5% + local
CPI 10% N/A 8.80% No No
Culver City 100% of
CPI 5% 2% 4.25% No Yes
East Palo Alto 80% of CPI 10% 0% 4.20% No (if current HUD contract) Yes

Page 4 of 122 ends

2 | Page
City % of CPI
cap % +/- CPI cap Max
Cap
Min
Cap
(floor)
Current
Allowable
Rent
Increase
(12/18/23)
LIHTC Units Covered
Rent
Stabilization
Just Cause for
Eviction
Fairfax 60% of CPI 5% 0% 1.68% Yes Yes
Hayward 5% 5.00% No Yes
Inglewood
(5+ units)
100% of
CPI 10% 3% 3.80% No Yes
Inglewood
(1-4 units) 5% + local
CPI 10% 8.80% No Yes
Larkspur 5% + local
CPI 7% 7.00% No Yes
Los Angeles City 100% of
CPI 3% 3.20% No (City must
issue exemption) Yes
Los Angeles County
(Unincorporated)
100% of
CPI 8% 0% 3.00% Yes Yes
Los Gatos 70% of CPI 5% N/A Yes N/A
Mountain View 100% of
CPI 5% 2% 5.00% No No
Oakland 60% of CPI 10% 3% 2.50% No Yes
Oxnard 4% N/A 4.00% No Yes
Palm Springs 75% of CPI No N/A
Pomona 100% of
CPI 4% N/A 4.00% No No
Richmond 60% of CPI 3% 0% 3.00% Yes- flat 5% cap Yes

Page 5 of 122 ends

3 | Page
City % of CPI
cap % +/- CPI cap Max
Cap
Min
Cap
(floor)
Current
Allowable
Rent
Increase
(12/18/23)
LIHTC Units Covered
Rent
Stabilization
Just Cause for
Eviction
Sacramento 5% + local
CPI 10% 9.20% No No
San Francisco 60% of CPI 3.60% No No
San Jose 5% 5.00% No No
Santa Ana 80% of CPI 3% 2.54% No No
Santa Monica 75% of CPI 3% 0% 2.80% Yes (unless built after 1979)
Yes (unless built
after 1979)
West Hollywood 75% of CPI 3% 0% 2.50%
Yes (unless
operated by non-
profit)
Yes

Average 81.5% 5.0% 5.9% 1.1% 4.2% LIHTC Covered

Rent
Stabilization
Just Cause for
Eviction
Count (out of 29
listed jurisdictions) 20 4 25 14 26 7 15

Page 6 of 122 ends

><
"'
·�
;��-:::;,"
' ..
�o�
I
I
I • •
I
I
I
I
I
J • •
I

Page 7 of 122 ends

Number Name Address Total Units Affordable Restricted Units Status 1 Caldera Place Apartments 2401 Bonifacio St, Concord, CA 94520 12 12 Current 2 California Apartments 1621 Detroit Ave, Concord, CA 94520 35 9 Current 3 Carlton Senior Living 1700 Broadway St, Concord, CA 94520 153 31 Current 4 Camara Circle Apartments 2501- 2566 Camara Cir, Concord, CA 94520 52 50 Current 5 Clayton Crossings Apartments 2751 Monument Blvd, Concord, CA 94520 296 296 Current 6 Clayton Villa Senior Apartments 4450 Melody Dr, Concord, CA 94521 79 79 Current 7 Concord Residential Club 2141 California St, Concord, CA 94520 20 19 Current 8 Coral Court Apartments 1491 Detroit Avenue, Concord, CA 47 46 Current 9 Hidden Creek Townhomes 1032 Mohr Ln, Concord, CA 94518 128 128 Current 10 Lakeside Apartments 1897 Oakmead Dr, Concord CA 94520 124 124 Current 11 Las Casitas Apartments 1181 Detroit Ave, Concord, CA 94520 10 4 Current 12 La Vista Apartments 3838 Clayton Rd, Concord, CA 94521 74 74 Current 13 Oakmont Senior Living- Montecito 4756 Clayton Rd, Concord, CA 94521 161 30 Current 14 Plaza Tower Apartments 2020 Grant St, Concord, CA 94520 96 96 Current 15 Riley Court Apartments 2061 Riley Ct, Concord, CA 94520 48 48 Current 16 Robin Lane Apartments 1149 Meadow Lane & 1890 Robin Lane, Concord, CA 16 16 Current 17 Sunridge Apartments 1265 & 1271 Monument Blvd, Concord, CA 94520 196 196 Current 18 Sunset Pines Apartments 1770 Adelaide Street, Concord, CA 69 68 Current 19 The Heritage Apartments 2222 Pacheco St, Concord, CA 94520 196 196 Current 20 The Lakes Apartments 1818 Laguna Street, Concord, CA 94520 102 77 Current 21 Victoria Apartments 1650, 1670 & 1680 Detroit Ave, Concord, CA 94520 12 12 Current 22 Vintage Brook Senior Apartments 4672 Melody Dr, Concord, CA 94521 148 148 Current 23 Virginia Lane Apartments 1121 and 1140 Virginia Lane, Concord, CA 94520 91 91 Current 24 Windsor Park Apartments 1601 Pine St., 1531 & 1611 Adelaide St, Concord, CA 94520 137 137 Current 25 Rick Judd Commons (formerly Galindo Terrace) 1313-21 Galindo St, Concord, CA 94520 62 62 Under Construction 26 RMG Affordable Housing 1335 Galindo St, Concord, CA 94520 72 72 Under Construction 27 Blue Oak Square (formerly The Argent) 2400 Willow Pass Rd, Concord, CA 94519 181 179 Under Construction 28 Town Center II 1765 Galindo St, Concord, CA 94520 TBD TBD Future 29 Concord Naval Weapon Station Base Reuse North Concord 12,272 3,020 Future 30 US Coast Guard Site Olivera Rd 286 58 Future

Page 8 of 122 ends

From: Jenny Terry <[email protected]>
Sent: Sunday, December 17, 2023 8:13 PM
To: City Clerk <[email protected]>
Cc: [email protected]
Subject: FW: City Council Deferred Vote on Rent Control to January 9

Hello City Clerk:

Please forward my message to the Mayor and the city board members. I appreciate your time and care. Thank you.

Make it a great day!
Jenny Terry
925-200-3902

From: Jenny Terry [mailto:[email protected]]
Sent: Sunday, December 17, 2023 7:46 PM
To: [email protected]
Cc: 'Margie Wells' <[email protected]>; 'Susan Marall' <[email protected]>; [email protected]; Vicki Woodbridge <[email protected]>; [email protected]
Subject: RE: City Council Deferred Vote on Rent Control to January 9

Hello CAA:

Thank you for attending the Concord hearing last week. We appreciate your support.

My husband and I are individual rental property owners that have spent the past 40 years working multiple jobs, getting little sleep, suffering years of negative cash flow, and dealing with many crazy tenants, hoping to someday have rental income for retirement. We are now retired, and cities all over the California bay area where we own property are actively voting to reduce our property values, take away our essential retirement income, and take away our constitutional rights. We own property in Richmond, Concord and Antioch. Richmond, as you know, has severe rent control and eviction restrictions, and has caused us severe financial harm recently. Richmond has prevented us from evicting a tenant that caused water damage, creating a serious mold issue. Antioch and Concord are wanting to follow suit with Richmond. I don’t understand how these cities should have the power to take my property rights away, and give them to my tenants. The tenants are not the ones that took the financial risk, paid the bills, made the repairs and worked their tails off on my property for the past 40 years. The tenants have not spent the past 40 years making financial/social/labor sacrifices, or borne the responsibility of maintaining and paying the expenses for my property. If the roof fails, the tenant will not be the one putting out $35,000.00 to replace it. When the plumbing line fails, they will not be paying the $8,200.00 expense to have a new lateral line installed. They are not concerned about the mortgage payments, the insurance costs, the property taxes, the city license fees, the city rental inspection fees, etc., etc. They are not concerned about paying for re-paving the driveway when it Attachment 4

Page 9 of 122 ends

fails. They are often not even concerned about taking care of the space that they occupy. There are many great tenants, yes, but many are not so great.

If the tenant is to share in the property rights, should they not also share in the cost of maintenance and repair? Certainly they should share the risk of ownership if they are to be gifted with ownership rights. 2x or 3x the rent for moving expenses. Eviction protections that hurt owners financially, but also hurt good tenants in the surrounding properties (because it becomes impossible to evict dangerous and nuisance causing tenants.) 3% rent cap annually that forces me to give rent increases every year, because we can’t afford not to (we often skip an increase for good tenants, but no more, we can’t!) Certainly the city board members should compensate us for inflation, utility costs, interest increases, and maintenance that are above their 3% rent cap, yes? I absolutely believe that the city board members should bear the consequences of their actions.

Whether the Concord city council votes to enact their current oppression, or not, we are interested in participating in any legal action that might be brought against the city of Concord, the city of Richmond or the city of Antioch. Might this be a possibility going forward? I believe there would be a lot of interest in a lawsuit.

Thank you for your time.

Make it a great day!
Jenny Terry
925-200-3902

Page 10 of 122 ends

Concord City CouncilJanuary 9, 2024

Concord City Council
January 9, 2024