Agenda packet — Coronado City Council, December 3, 2024 (part 1 of 5)

A G E N D A
CITY OF CORONADO CITY COUNCIL/
THE CITY OF CORONADO ACTING AS THE SUCCESSOR AGENCY TO THE COMMUNITY DEVELOPMENT AGENCY OF THE CITY OF CORONADO
Tuesday, December 03, 2024
Coronado City Hall Council Chamber
1825 Strand Way
Coronado, California 92118
CLOSED SESSION SPECIAL MEETING – 2:30 P.M.

REGULAR MEETING – 4:00 P.M.

In compliance with the Americans with Disabilities Act (ADA), if you need special assistance to participate in a City meeting or other services offered by this City, please contact the City Clerk’s office, (619) 522 7320. Assisted listening devices are available at this meeting. Ask the City Clerk if you desire to use this device. Upon request, the agenda and documents in the agenda packet can be made available in appropriate alternative formats to persons with a disability. Notification of at least 48 hours prior to the meeting or time when services are needed will assist the City staff in assuring that reasonable arrangements can be made to provide accessibility to the meeting or service.

CALIFORNIA ENVIRONMENTAL QUALITY ACT
The California Environmental Quality Act (“CEQA”) is the state law that requires the City to evaluate and document the potential environmental consequences of discretionary decision. (See, California Public Resources Code Sections 2100021189.3; and the “CEQA Guidelines” at California Code of Regulations Title 14, Division 6, Chapter 3, Sections 1500015387). For each item that requires a CEQA determination by the City Council, there is a reference to that determination on this agenda, and more information regarding the CEQA analysis is included in the documents that accompany this agenda. To the extent that City staff determines that particular items are not subject to CEQA, there will be no indication of a CEQA action on this agenda.

CLOSED SESSION SPECIAL MEETING – 2:30 P.M.

1. CALL TO ORDER/ROLL CALL

2. ANNOUNCEMENT OF CLOSED SESSION

3. PUBLIC EMPLOYEE
Pursuant to Government Code section 54957
a. Annual Performance Review: City Attorney
b. Annual Performance Review: City Manager
City of Coronado Page 1
CLOSED SESSION SPECIAL MEETING – 2:30 P.M.

1. CALL TO ORDER/ROLL CALL

2. ANNOUNCEMENT OF CLOSED SESSION

3. PUBLIC EMPLOYEE
Pursuant to Government Code section 54957
a. Annual Performance Review: City Attorney
b. Annual Performance Review: City Manager

4. COMMUNICATIONS ORAL:

Each person wishing to speak before the City Council on only matters listed on this agenda shall approach the City Council, give their name, and limit comments to three (3) minutes. Members of the public may also submit written comments on the City’s website, via email or request to provide live public comment via Zoom during the meeting. Requests for live public comment via Zoom must be made at least 24 hours in advance of the meeting. Please contact the City Clerk at (619) 5227321 or [email protected] for more information.

5. ADJOURN TO CLOSED SESSION
RECONVENE AND ANNOUNCE ACTION
REGULAR MEETING – 4:00 P.M.

1. CALL TO ORDER / ROLL CALL

2. INVOCATION AND PLEDGE OF ALLEGIANCE

3. MINUTES OF CITY COUNCIL/SUCCESSOR AGENCY:
a. Approval of the Minutes of the Regular Meeting of November 5, 2024

4. CEREMONIAL PRESENTATIONS

5. CONSENT CALENDAR:

All items listed under this section are considered to be routine and will be acted upon with one motion. There will be no separate discussion of these items unless a member of the City Council or the public so requests, in which event, the item will be considered separately in its normal sequence.
a. APPROVAL OF READING BY TITLE AND WAIVER OF READING IN FULL OF ORDINANCES ON THIS AGENDA
Recommendation: Approve the reading by title and waive the reading in full of all Ordinances on the agenda.
b. REVIEW AND APPROVE THAT THE WARRANTS, AS CERTIFIED BY THE CITY/AGENCY TREASURER, ARE ALL CORRECT, JUST, AND CONFORM TO THE APPROVED BUDGET FOR FISCAL YEAR 202425
Recommendation: Approve the Warrants as certified by the City/Agency Treasurer. c. RESOLUTION TO EXTEND A LOCAL EMERGENCY DECLARATION DUE TO THE DISCOVERY OF CAULERPA PROLIFERA IN THE CORONADO CAYS RecommendationAdopttheResoltiontoetendalocalemergencdeclaration City of Coronado Page 2
(pg. 7)
a. APPROVAL OF READING BY TITLE AND WAIVER OF READING IN FULL OF ORDINANCES ON THIS AGENDA
Recommendation: Approve the reading by title and waive the reading in full of all Ordinances on the agenda.
b. REVIEW AND APPROVE THAT THE WARRANTS, AS CERTIFIED BY THE CITY/AGENCY TREASURER, ARE ALL CORRECT, JUST, AND CONFORM TO THE APPROVED BUDGET FOR FISCAL YEAR 202425
Recommendation: Approve the Warrants as certified by the City/Agency Treasurer. c. RESOLUTION TO EXTEND A LOCAL EMERGENCY DECLARATION DUE TO THE DISCOVERY OF CAULERPA PROLIFERA IN THE CORONADO CAYS Recommendation: Adopt the Resolution to extend a local emergency declaration due to the discovery of Caulerpa prolifera.
d. SECOND READING AND ADOPTION OF ORDINANCE 202411 ADJUSTING THE MONTHLY SALARY OF THE MAYOR AND CITY COUNCIL AS
AUTHORIZED BY GOVERNMENT CODE SECTIONS 36516, 35516.1 AND 36516.5
Recommendation: Conduct the second reading and adopt Ordinance 202411 to adjust the monthly salary paid to the Mayor and Members of the City Council effective after the new term of office from the November 2024 election commences.
e. SECOND READING AND ADOPTION OF ORDINANCE 202409 AMENDING CORONADO MUNICIPAL CODE CHAPTER 2.08 REGARDING EXECUTIVE

POSITIONS
Recommendation: Conduct the second reading and adopt Ordinance 202409 to amend Coronado Municipal Code Chapter 2.08, Sections 2.08.010 through

2.08.180 regarding executive positions.
f. RECEIVE AND FILE THE ANNUAL COMPREHENSIVE FINANCIAL REPORT (ACFR) FOR THE YEAR ENDING JUNE 30, 2024
Recommendation: Receive and file the City of Coronado Annual Comprehensive Financial Report for the year ending June 30, 2024.
g. SECOND READING AND ADOPTION OF AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CORONADO, CALIFORNIA, AMENDING
SECTION 56.02.020 RELATING TO DEFINITIONS OF MOTORIZED
MOBILITY DEVICES, AMENDING SECTION 56.08.060 RELATED TO ELECTRIC BICYCLES, AND ADDING SECTIONS 56.18.050 AND 56.18.060 TO THE CORONADO MUNICIPAL CODE RELATED TO MOTORIZED MOBILITY DEVICES AND ADOPTION OF AN ELECTRIC BICYCLE SAFETY PILOT

PROGRAM
Recommendation: Conduct the second reading and adopt Ordinance No. 202409 “An Ordinance of the City Council of the City of Coronado, California, Amending Section 56.02.020 Relating To Definitions of Motorized Mobility Devices, Amending Section 56.08.060 Related to Electric Bicycles, and Adding Sections 56.18.050 and

56.18.060 to the Coronado Municipal Code Related to Motorized Mobility Devices and Adoption of an Electric Bicycle Safety Pilot Program.”

6. COMMUNICATIONS ORAL:

Each person wishing to speak before the City Council on matters not listed on this agenda shall approach the City Council, give their name, and limit comments to three (3) minutes. Members of the public may also submit written comments on the City’s website, via email or request to provide live public comment via Zoom during the meeting. Requests for live public comment must be made at least 24 hours in advance of the meeting. Please contact the City Clerk at (619) 5227321 or [email protected] for more information.

City of Coronado Page 3
(pg. 15)
(pg. 57)
(pg. 63)
(pg. 69)
(pg. 77)
(pg. 263)
Section 56.02.020 Relating To Definitions of Motorized Mobility Devices, Amending Section 56.08.060 Related to Electric Bicycles, and Adding Sections 56.18.050 and

56.18.060 to the Coronado Municipal Code Related to Motorized Mobility Devices and Adoption of an Electric Bicycle Safety Pilot Program.”

6. COMMUNICATIONS ORAL:

7. CITY MANAGER/EXECUTIVE DIRECTOR:
a. Update on Council Directed Actions and Citizen Inquiries. (Informational Item)

8. PUBLIC HEARINGS:
a. PUBLIC HEARING: PROVIDE DIRECTION REGARDING AMENDMENTS TO THE CORONADO HISTORIC PRESERVATION PROGRAM, CONSIDER
CERTIFICATION OF A PROGRAM ENVIRONMENTAL IMPACT REPORT
(PEIR) AND ADOPTION OF ASSOCIATED CALIFORNIA ENVIRONMENTAL QUALITY ACT (CEQA) FINDINGS.

Recommendation: Provide direction regarding Amendments to the Coronado Historic Preservation Program, certify the Program Environmental Impact Report (PEIR), and adopt the associated California Environmental Quality Act (CEQA) findings.

9. COMMISSION AND COMMITTEE REPORTS: None.

10. CITY COUNCIL:
a. COUNCIL REPORTS ON INTERAGENCY COMMITTEE AND BOARD
ASSIGNMENTS. (Questions allowed to clarify but no responses, discussion or action. Councilmembers are asked to limit their oral reports to three (3) minutes.)
Recommendation: None.
b. CONSIDERATION OF REAPPOINTMENT OF ONE MEMBER TO SERVE A THREEYEAR TERM AS THE CITIZEN REPRESENTATIVE TO THE BOARD OF DIRECTORS OF THE SHARP CORONADO HOSPITAL FOUNDATION
Recommendation: Consider for reappointment one member to serve a threeyear term to expire December 31, 2027, as the Citizen Representative to the Board of Directors of the Sharp Coronado Hospital Foundation.
c. CONSIDERATION OF APPOINTMENT OF ONE STUDENT
REPRESENTATIVE TO SERVE A ONEYEAR TERM ON THE PARKS AND RECREATION COMMISSION OR AS MAY BE MODIFIED AT A FUTURE CITY COUNCIL MEETING
Recommendation: Consider for appointment one (1) student representative (nonvoting) to serve a oneyear term to expire September 30, 2025 on the Parks and Recreation Commission, or as may be modified at a future City Council Meeting. d. CONSIDERATION OF APPOINTMENT OF ONE NEW MEMBER TO SERVE A THREEYEAR TERM ON THE HISTORIC RESOURCE COMMISSION
Recommendation: Consider for appointment one new member from the submitted applications to serve a threeyear term to expire December 31, 2027 on the City of Coronado Page 4
(pg. 275)
(pg. 813)
(pg. 815)
(pg. 819)
Directors of the Sharp Coronado Hospital Foundation.
c. CONSIDERATION OF APPOINTMENT OF ONE STUDENT
REPRESENTATIVE TO SERVE A ONEYEAR TERM ON THE PARKS AND RECREATION COMMISSION OR AS MAY BE MODIFIED AT A FUTURE CITY COUNCIL MEETING
Recommendation: Consider for appointment one (1) student representative (nonvoting) to serve a oneyear term to expire September 30, 2025 on the Parks and Recreation Commission, or as may be modified at a future City Council Meeting. d. CONSIDERATION OF APPOINTMENT OF ONE NEW MEMBER TO SERVE A THREEYEAR TERM ON THE HISTORIC RESOURCE COMMISSION
Recommendation: Consider for appointment one new member from the submitted applications to serve a threeyear term to expire December 31, 2027 on the Historic Resource Commission.
e. CONSIDERATION OF REAPPOINTMENT OF ONE MEMBER TO SERVE A THREEYEAR TERM ON THE CIVIL SERVICE COMMISSION
Recommendation: Consider for reappointment one member to serve a threeyear term to expire December 31, 2027, on the Civil Service Commission. f. FIRST STREET UNDERGROUNDING PROJECT: RECEIVE A PROJECT UPDATE; AND APPROPRIATE FUNDS IN THE AMOUNT OF $100,000 TO THE PROJECT BUDGET
Recommendation:

1. Receive a project update and provide direction.

2. Appropriate additional funds in the amount of $100,000 from Community Development Agency Loan Fund 160 to continue with preliminary design and coordination.

3. Authorize the City Manager to approve/amend agreements with consultants, in a form approved by the City Attorney, and pay fees/deposits with utility providers all within the project budget.
g. REVIEW OF SINGLEUSE PLASTIC REGULATIONS
Recommendation: Consider policy options related to singleuse plastic product regulations and provide direction.
h. INTRODUCTION AND FIRST READING OF AN ORDINANCE AND ADOPTION OF RESOLUTIONS TO AMEND THE CORONADO MUNICIPAL CODE AND REVISE COUNCIL POLICIES RELATING TO BOARDS, COMMISSIONS, AND

COMMITTEES
Recommendation: Introduce an ordinance amending Title 2, Chapters 2.30 through

2.70 of the Coronado Municipal Code updating the membership terms and meeting organization and removing inactive advisory bodies and redundancies; adopt a resolution revising Council Policy 6 and repealing Council Policy 23, reserving it for future use; adopt a resolution renaming the Cultural Arts Commission to the Cultural Arts Committee and aligning its membership to five members; and adopt a resolution renaming the Mobility Commission to the Mobility Committee, aligning its membership to five members, and establishing a meeting schedule of every other month; and adopt a resolution sunsetting the Spreckels Center Advisory Committee and removing the formal meeting requirements of the Golf Course Advisory Committee.

11. CITY ATTORNEY

12. COMMUNICATIONS WRITTEN:

13. ADJOURNMENT
City of Coronado Page 5
(pg. 835)
(pg. 845)
(pg. 849)
(pg. 869)
(pg. 919)
resolution renaming the Mobility Commission to the Mobility Committee, aligning its membership to five members, and establishing a meeting schedule of every other month; and adopt a resolution sunsetting the Spreckels Center Advisory Committee and removing the formal meeting requirements of the Golf Course Advisory Committee.

11. CITY ATTORNEY

12. COMMUNICATIONS WRITTEN:

13. ADJOURNMENT
A COPY OF THE AGENDA WITH THE BACKGROUND MATERIAL IS AVAILABLE FOR PUBLIC INSPECTION IN THE OFFICE OF THE CITY CLERK AT CITY HALL, AT THE PUBLIC LIBRARY, OR ON OUR WEBSITE AT www.coronado.ca.us
Writings and documents regarding an agenda item on an open session meeting, received after official posting and distributed to the Council for consideration, will be made available for public viewing at the City Clerk’s Office at City Hall, 1825 Strand Way, during normal business hours.

Materials submitted for consideration should be forwarded to the City Clerk’s Office at [email protected].

City of Coronado Page 6
November 5, 2024 Regular Meeting Minutes Page 1 of 8

MINUTES OF THE

REGULAR MEETING OF THE
City Council of the City of Coronado
and the
City of Coronado Acting as the Successor Agency to the Community Development Agency of the City of Coronado
Held in the Council Chamber at:
1825 Strand Way
Coronado, California 92118
Tuesday, November 5, 2024
3:00 p.m. Closed Session Special Meeting
4:00 p.m. Regular Meeting
Note: The order in which items appear in the minutes is not necessarily the order in which they were discussed in the meeting.

1. CALL TO ORDER/ROLL CALL
The Closed Session Special Meeting of the City Council was called to order at 3:09 p.m. on Tuesday, November 5, 2024, in the City Council Chamber at City Hall with Mayor Bailey presiding.

A quorum of members was present to conduct a meeting by the following results:

Present: (5) Councilmember Donovan; Councilmember Downey; Councilmember Duncan; Councilmember Tanaka;
Mayor Bailey

Absent: (0) None
Also Present: (3) City Manager/Agency Executive Director Tina Friend City Attorney/Agency Counsel Johanna N. Canlas
City Clerk/Agency Secretary Kelsea Holian

2. ANNOUNCEMENT OF CLOSED SESSION
Mayor Bailey announced closed session at 3:09 p.m.

3. CONFERENCE WITH LEGAL COUNSEL – EXISTING LITIGATION
Pursuant to Government Code section 54956.9(d)(1)
a. Coronado Citizens for Transparent Government v. City of Coronado San Diego Superior Court Case No. 37-2020-00044167-CU-TT-CTL San Diego Superior Court Case No. 37-2021-00049694-CU-TT-CTL 4th District Court of Appeals Case No. D082360
City of Coronado Page 7
November 5, 2024 Regular Meeting Minutes Page 2 of 8

4. CONFERENCE WITH LEGAL COUNSEL – INITIATION OF LITIGATION Pursuant to Government Code section 54956.9(d)(4)
a. Three (3) of Potential Case(s)

5. COMMUNICATIONS – ORAL: None.

6. ADJOURN CLOSED SESSION
Closed Session adjourned at 4:09 p.m. with direction provided.

1. CALL TO ORDER/ROLL CALL
The Regular Meeting of the City Council was called to order at 4:17 p.m. on Tuesday, November 5, 2024, in the City Council Chamber at City Hall with Mayor Bailey presiding.

A quorum of members was present to conduct a meeting with the following results:

Present: (5) Councilmember Donovan; Councilmember Downey; Councilmember Duncan; Councilmember Tanaka;
Mayor Bailey

Absent: (0) None
Also Present: (3) City Manager/Agency Executive Director Tina Friend City Attorney/Agency Counsel Johanna N. Canlas
City Clerk/Agency Secretary Kelsea Holian

2. INVOCATION/PLEDGE OF ALLEGIANCE
Mayor Bailey led the Pledge of Allegiance.

3. MINUTES OF CITY COUNCIL/SUCCESSOR AGENCY:

A motion to approve the minutes of the Regular Meeting of October 15, 2024, was made by Councilmember Downey and seconded by Councilmember Tanaka.

The motion carried by the following results:

Yes: (5) Councilmember Donovan; Councilmember Downey;
Councilmember Duncan; Councilmember Tanaka;
Mayor Bailey

4. CEREMONIAL PRESENTATIONS:
a. 2024 State Legislative Session Summary Presentation
Tony Winney, Assistant City Manager, and Kyra Ross with Emanuels Jones & Associates provided the 2024 State Legislative Session Summary Presentation. b. Update on the City of Coronado's Parking Enforcement Program City of Coronado Page 8
November 5, 2024 Regular Meeting Minutes Page 3 of 8
Richard Martinez, Police Chief, provided an update on the City of Coronado's Parking Enforcement Program.

5. CONSENT CALENDAR
Mayor Bailey announced that Item 5c would be removed from the agenda and not considered.

A motion to approve the Consent Calendar with removal of Item 5c and the addition of Item 12a was made by Councilmember Duncan and seconded by Councilmember Tanaka.

The motion carried by the following results:

Yes: (5) Councilmember Donovan; Councilmember Downey;
Councilmember Duncan; Councilmember Tanaka;
Mayor Bailey
5a. APPROVAL OF READING BY TITLE AND WAIVER OF READING IN FULL

OF ORDINANCES ON THIS AGENDA
Recommendation: Approve the reading by title and waive the reading in full of all ordinances on the agenda.

This item was approved under the Consent Calendar.
5b. REVIEW AND APPROVE THAT THE WARRANTS, AS CERTIFIED BY THE

CITY/AGENCY TREASURER, ARE ALL CORRECT, JUST, AND CONFORM TO THE APPROVED BUDGET FOR FISCAL YEAR 2024-25
Recommendation: Approve the warrants as certified by the City/Agency Treasurer.

This financial report was approved under the Consent Calendar. 5c. AUTHORIZE FIVE-YEAR, $500,000 CHARTER COMMUNICATIONS CONTRACT

FOR LEASED FIBER OPTIC NETWORK SERVICES FOR CITY INTERNET AND

NETWORKING NEEDS
Recommendation: Authorize the City Manager to execute a contract with Charter Communications Operating, LLC (“Spectrum Enterprise”) to provide fiber optic networking, private networking, and Internet services to City buildings for a contract term of five (5) years and approve a contract not to exceed amount of $500,000 including contingency to account for future usage increases or service expansion.

This item was removed from Agenda and not considered.
5d. APPROVAL OF THE 2025 CITY COUNCIL MEETING SCHEDULE
Recommendation: Request the City Council approve scheduling the Regular City Council Meetings for calendar year 2025.

This item was approved under the Consent Calendar.
5e. REVIEW AND APPROVE THE RECOMMENDATIONS OF THE CULTURAL City of Coronado Page 9
November 5, 2024 Regular Meeting Minutes Page 4 of 8

ARTS COMMISSION TO INSTALL NEW HOLIDAY AND STAY LOCAL

THEMED BANNERS ON THE ORANGE AVENUE CORRIDOR STREET LIGHT

POLES FROM FIRST STREET TO AVENIDA DE LAS ARENAS NOVEMBER 2024 THROUGH MARCH 2025
Recommendation: Review and approve the recommendation of the Cultural Arts Commission to accept six new holiday and stay local themed banner designs.

Display all six designs from late November 2024 through early January 2025 and then replace holiday banners with additional shop local banners through March 2025.

This item was approved under the Consent Calendar.
5f. ADELLA AND YNEZ UNDERGROUNDING PROJECT: ACCEPT THE SDGE COST ESTIMATE OF $990,760 FOR THE SDGE PORTION OF
UNDERGROUNDING OF OVERHEAD FACILITIES; AND AUTHORIZE THE

CITY MANAGER TO ENTER INTO AGREEMENTS WITH UTILITY PROVIDERS Recommendation:

1. Find the proposed undergrounding of overhead facilities on Adella Lane and Ynez Place exempt from CEQA pursuant to State CEQA Guidelines section 15302; accept the SDGE cost estimate of $990,760 for the SDGE portion of undergrounding of overhead facilities; authorize the City Manager to enter into an agreement with SDGE and provide a deposit in said amount; initiate joint trench offers with AT&T and Charter Communications; enter into agreements with AT&T and Charter Communications including any fees/deposits; all in a form as approved by the City Attorney.

2. Authorize the City Manager to enter into any other agreements and to provide any other deposits/fees as required to continue the project all within the project budget.

This item was approved under the Consent Calendar.

6. COMMUNICATIONS – ORAL:

Brad Gerbel provided comments recognizing City Staff.

Leo LaMagna provided comments regarding Election and Mills Act.

Elle LaMagna provided comments regarding Election and Mills Act.

Lily LaMagna provided comments regarding the Mills Act agreement.

Joe LaMagna provided comments regarding agendizing Mills Act agreements.

Susan Merriman provided comments regarding Council’s service, Commissions Handbook revisions, and Street Tree Commission vacancies.

Adrew Corley provided comments regarding Council’s service.

City of Coronado Page 10
November 5, 2024 Regular Meeting Minutes Page 5 of 8

7. CITY MANAGER/EXECUTIVE DIRECTOR:

Tina Friend, City Manager, provided comments and thanked everyone for Avenue of Heroes ceremony and announced the City’s Library achievement of the PR Excellence Award by the California Library Association for their recent ‘90s Diorama Exhibit.

8. PUBLIC HEARINGS: .
8a. APPEAL OF THE HISTORIC RESOURCE COMMISSION DECISION THAT THE PROPERTY AT 514 FIRST STREET MEETS THE CRITERIA TO BE DESIGNATED AS

A HISTORIC RESOURCE
Emily Pena, Assistant Planner, presented the staff report utilizing a PowerPoint.

Councilmember Duncan asked to clarify whether 1967 property was previously a two story. Ms. Pena confirmed that it was one story.

Councilmember Downey asked to clarify the difference between Spanish Colonial Revival and Mission Style based on the submitted evidence. Nicole Frank, consultant, provided clarification.

Councilmember Donovan and Staff discussed that the 1967 addition would meet today’s criteria of the Department of Interior guidelines.

Councilmember Duncan and Staff discussed the distinguishment between the primary and secondary facades, their importance and guidance.

Council provided disclosures.

Mayor Bailey opened the public hearing and asked if anyone wished to speak on this item.

Scott A. Moomjian, representative for property owner Schubert Survivor’s Trust, provided presentation utilizing a PowerPoint.

Joe LaMagna provided comments regarding the definition of professional, primary and secondary guidance and their distinguishments, and the Mills Act.

Having no further requests to speak, Mayor Bailey closed the public hearing.

Councilmember Tanaka provided comments regarding the facade, changes to original home, and not meeting the Criteria C.

Councilmember Donovan provided comments regarding changes being in line with the Secretary of the Interior’s Standards.

City of Coronado Page 11
November 5, 2024 Regular Meeting Minutes Page 6 of 8
Further discussion ensued regarding the property being located on the corner, second story addition, lack of differentiation, the porch at the front, and not meeting two of the designated criteria.

A motion to grant the appeal of the decision of the Historic Resource Commission that 514 First Street (APNs 536-071-25-00 and 536-071-26-00) for not meeting two of the designated criteria to be designated as a Historic Resource was made by Councilmember Tanaka and seconded by Mayor Bailey.

The motion carried by the following results:

Yes: (4) Councilmember Downey; Councilmember Duncan;
Councilmember Tanaka; Mayor Bailey
No: (1) Councilmember Donovan
Mayor Bailey called for a recess at 5:47 p.m.; Council reconvened at 5:52 p.m. 8b. ADOPTION OF A RESOLUTION IMPLEMENTING THE REVISION OF GOLF

GREEN FEES FOR THE CORONADO MUNICIPAL GOLF COURSE FOR
CALENDAR YEARS 2025-2027
Tim Farmer, Director of Recreation and Golf Services, presented the staff report utilizing a PowerPoint.

Mayor Bailey opened the public hearing and asked if anyone wished to speak on this item. Having no requests to speak, Mayor Bailey closed the public hearing.

Councilmember Tanaka noted that there were no objections by the Golf Course Advisory Committee.

A motion to Conduct a public hearing and adopt “A Resolution of the City Council of the City of Coronado Revising Fees for the Coronado Municipal Golf Course” effective January 1, 2025, implementing revised golf course green fees and tournament fees through December 31, 2027., was made by Councilmember Downey and seconded by Councilmember Donovan.

The motion carried by the following results:

Yes: (5) Councilmember Donovan; Councilmember Downey;
Councilmember Duncan; Councilmember Tanaka;
Mayor Bailey

9. COMMISSION AND COMMITTEE REPORTS: None.

10. CITY COUNCIL:

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November 5, 2024 Regular Meeting Minutes Page 7 of 8
10a. COUNCIL REPORTS ON INTER-AGENCY COMMITTEE AND BOARD ASSIGNMENTS. (Questions allowed to clarify but no responses, discussion or action. Councilmembers are asked to limit their oral reports to three (3) minutes.)
None.
10b. REPORT ON THE 2024 FREE SUMMER SHUTTLE AND MINI ELECTRIC

SHUTTLE PROGRAMS
Richard Grunow, Community Development Director, presented the staff report utilizing a PowerPoint.

Councilmember Tanaka and Staff discussed high percentage of application users.

Mark Iannon, Circuit representative, provided an overview of the pilot program.

Councilmember Duncan and Mr. Iannon discussion ensued regarding other programs in the County that were implemented prior to Coronado’s program.

Brad Gerbel provided comments regarding bus ridership counts and Circuit program’s costs.

Carol Reynolds provided comments regarding subsidies and possible alternatives working with local businesses.

Sharon Raffer provided comments regarding shuttle services for seniors and possibility of cost share with riders.

Eileen Hauser provided comments regarding sustainable transportation, its convenience, and possibility of cost share with riders.

Amanda provided comments regarding an accessible shuttle service, its convenience, and possibility of cost share with riders.

Roberto Relas provided comments regarding program’s efficiencies, its convenience, and possibility of cost share with riders.

Kaylee Lindsey with Emerald Keepers provided comments regarding the program’s satisfaction rate, top challenges, its importance, and possibility of cost share with riders.

Justin Ireland, Circuit Representative, provided comments regarding the operations of Circuit Shuttle.

Herman Ray, Circuit Representative, provided comments regarding services.

City of Coronado Page 13
November 5, 2024 Regular Meeting Minutes Page 8 of 8
Council discussion ensued regarding the importance of establishing policy objectives and benchmarks to measure success, the support for completing the pilot program to collect additional data, and exploring options to offset costs, such as SANDAG funding or grants.

Additional considerations included accounting for inflation, achieving goals like traffic reduction, increasing parking availability, and environmental benefits. The discussion further addressed the unsustainable costs of the program, potential contributions from hotels, impacts on taxi companies, and how the program aligns with the Climate Action Plan.

11. CITY ATTORNEY: None.

12. COMMUNICATIONS – WRITTEN:
12a. Consideration of Mayor Bailey’s Policy 2 Request for Review of Council Compensation
This item was approved under the Consent Calendar.

13. ADJOURNMENT
Mayor Bailey adjourned the Regular Meeting at 7:13 p.m.

Approved: December 3, 2024
__________________________
RICHARD BAILEY, Mayor of the
City of Coronado
Attest:
____________________________
KELSEA HOLIAN, City Clerk of the
City of Coronado
City of Coronado Page 14
I hereby certify that the demands listed in the table below and on the attached vendor payment audit report for the City of Coronado and the City of Coronado Acting as the Successor Agency to the Community Development Agency of the City of Coronado are correct and just to the best of my knowledge and conform to approved budgets for Fiscal Year 2024/2025. Money is available in the proper funds to pay these demands.
_____________________________________________________
John J. Kim
Director of Administrative Services
_____________________________________________________
Mayor
Approved by the City Council on December 3, 2024
Agency Warrant(s) Voucher(s)
City of Coronado 20012480-90005655 V5005534-V5005617
City of Coronado Acting as the Successor
Agency to the Community Development
Agency of the City of Coronado
Voided Warrant(s) and Vouchers

Page 1 of 42 ends

Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 15
100 General Fu 100-14215 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
AUG(6) PREPAY REVERSAL -4,700.00
100 General Fu 100-14215 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
OCT(1) PREPAY REVERSAL -14,000.00
100-14215 -18,700.00
100 Non-Depart 10010000-80030 5005600 11/21/2024 PACIFIC ANIMAL

WELFARE SOCIETY
01 Ammendment Mnthly Pymnt -
DEC24
46,526.00
10010000-80030 46,526.00
100 Non-Depart 10010000-80100 20012596 11/21/2024 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2024 3,611.48 10010000-80100 3,611.48
100 Non-Depart 10010000-80110 20012494 11/14/2024 SDG&E CITY HALL 01 CH ELEC OCT24 7,187.83 100 Non-Depart 10010000-80110 20012494 11/14/2024 SDG&E CITY HALL 02 ELEC OCT24 1801 STRAND WAY
287.09
10010000-80110 7,474.92
100 Non-Depart 10010000-80111 20012494 11/14/2024 SDG&E CITY HALL 01 CH GAS OCT24 93.23 10010000-80111 93.23
100 Non-Depart 10010000-80112 20012557 11/21/2024 CAL-AM WATER (CITY

HALL ACCOUNT)
02 CH WATER OCT24 2,981.54
100 Non-Depart 10010000-80112 20012557 11/21/2024 CAL-AM WATER (CITY

HALL ACCOUNT)
02 1710 STRAND WAY OCT
(MEDIAN IRRIGATION)
448.47
10010000-80112 3,430.01
100 Non-Depart 10010000-80131 5005569 11/14/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 977.88
100 Non-Depart 10010000-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 780.95
10010000-80131 1,758.83
100 Non-Depart 10010000-80210 20012524 11/14/2024 TPX COMMUNICATIONS CO
Monthly Charges 2,804.30
100 Non-Depart 10010000-80210 20012569 11/21/2024 AT&T/MCI (CITY MGR) 01 BAN 9391033623 OCT24 CW TLPRJ

90.41 10010000-80210 2,894.71
100 Non-Depart 10010000-80211 20012569 11/21/2024 AT&T/MCI (CITY MGR) 01 BAN 9391033606 OCT24

ALARM LINES
296.75
100 Non-Depart 10010000-80211 20012569 11/21/2024 AT&T/MCI (CITY MGR) 01 BAN 9391033616 OCT24

ALARM LINES

90.40

Page 2 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 16
10010000-80211 387.15
100 Non-Depart 10010000-80590 5005581 11/21/2024 COMPLETE OFFICE LLC 01. COPY PAPER CH 576.59 10010000-80590 576.59
100 Non-Depart 10010000-80600 20012548 11/14/2024 ONE-TIME VENDOR - CITY

MANAGER DEPT
2024 Halloween Fall Festival Food
& Supplies

95.46 100 Non-Depart 10010000-80600 20012548 11/14/2024 ONE-TIME VENDOR - CITY

MANAGER DEPT
2024 Halloween Fall Festival Food
& Supplies

16.94 10010000-80600 112.40
100 Non-Depart 10010000-80650 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
Peet's Coffee packs 91.04
100 Non-Depart 10010000-80650 20012621 11/21/2024 ODP BUSINESS

SOLUTIONS, LLC

01. City Hall - Supplies 9.64
100 Non-Depart 10010000-80650 20012537 11/14/2024 ODP BUSINESS

SOLUTIONS, LLC
DOORSTOP GIANT FOOT 9.04
10010000-80650 109.72
100 Legislativ 10011000-80030 20012528 11/14/2024 KYRA EMANUELS ROSS 02 LEGISLATIVE ADVOCACY NOV24
5,100.00
10011000-80030 5,100.00
100 Legislativ 10011000-80131 5005569 11/14/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 0.21
100 Legislativ 10011000-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 0.21
10011000-80131 0.42
100 Legislativ 10011000-80340 20012550 11/14/2024 ONE-TIME VENDOR - CITY CLERK
2024 BINATIONAL DELEGATION

CONFERENCE
2,421.24
100 Legislativ 10011000-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
COUNCIL MEALS 106.67
100 Legislativ 10011000-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
COUNCIL MEALS 84.36
10011000-80340 2,612.27
100 Legislativ 10011000-80650 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
CEREMONIAL SCISSORS 30.00
100 Legislativ 10011000-80650 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD

08. MISC SUPPLIES (POST

ELECTION)
140.02
100 Legislativ 10011000-80650 5005549 11/14/2024 C A SHORT COMPANY, INC

01. Service Award Gifts FY25 213.35
10011000-80650 383.37

Page 3 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 17
100 City Manag 10012201-80131 5005569 11/14/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 5.28
100 City Manag 10012201-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 5.28
10012201-80131 10.56
100 City Manag 10012201-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
25 POLICE CHIEF INTERVIEW

PANEL-FOOD
200.95
100 City Manag 10012201-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
11 LOCC CITY MANAGERS
CONFERENCE FEB25
775.00
100 City Manag 10012201-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
08 ICMA HOTEL 340.32
100 City Manag 10012201-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
10 ICMA CONFERENCE

TRANSPORTATION

33.25 100 City Manag 10012201-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
10 ICMA CONFERENCE

TRANSPORTATION

13.33 100 City Manag 10012201-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
10 ICMA CONFERENCE

TRANSPORTATION

74.96 100 City Manag 10012201-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
10 ICMA CONFERENCE

TRANSPORTATION

60.83 100 City Manag 10012201-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
11 LOCC CITY MANAGER
REGISTRATION FEB2025
775.00
100 City Manag 10012201-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
17 LOCC CONFERENCE

TRANSPORTATION-TW

11.23 100 City Manag 10012201-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
17 LOCC CONFERENCE

TRANSPORTATION-TW

17.02 100 City Manag 10012201-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
17 LOCC CONFERENCE

TRANSPORTATION-TW

11.28 100 City Manag 10012201-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
17 LOCC CONFERENCE

TRANSPORTATION-TW

12.13 100 City Manag 10012201-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
17 LOCC CONFERENCE

TRANSPORTATION-TW

10.66 100 City Manag 10012201-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
17 LOCC CONFERENCE

TRANSPORTATION-TW

12.96 100 City Manag 10012201-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
19 LOCC CONFERENCE-FOOD
TW&KM

42.22 100 City Manag 10012201-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
18 LOCC CONFERENCE HOTELTW1,314.12
100 City Manag 10012201-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
18 LOCC CONFERENCE HOTELKM1,314.12
10012201-80340 5,019.38
100 City Manag 10012201-80350 20012486 11/14/2024 EAGLE NEWSPAPER LLC 01. EQQ Ad 2Q24 - Amanda Sprague
547.00
10012201-80350 547.00
100 City Manag 10012201-80650 5005537 11/14/2024 COMPLETE OFFICE LLC 01 OFFICE SUPPLY 112.14 100 City Manag 10012201-80650 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
01 OFFICE SUPPLY-ASM

BOERNER-RIBBON CUTTING

10.74 10012201-80650 122.88

Page 4 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 18
100 CDSA Admin 10012202-80005 5005607 11/21/2024 DAVIS FARR LLP FY24 City Audit-Housing Successor Agency
6,000.00
10012202-80005 6,000.00
100 CDSA Admin 10012202-80040 5005599 11/21/2024 BURKE, WILLIAMS &

SORENSEN, LLP
CS CMSN 09 0006.023 1,050.90
100 CDSA Admin 10012202-80040 5005564 11/14/2024 BURKE, WILLIAMS &

SORENSEN, LLP
REAL PROP NET 09 0065.010 339.00
10012202-80040 1,389.90
100 Public Com 10012203-80030 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
10 FLEX 25 MO SUBCRIPTION

ADDTL ISTOCK IMAGES

59.00 100 Public Com 10012203-80030 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
10 ONLINE GRAPHIC TOOL

SUBSCRIPTION

90.65 100 Public Com 10012203-80030 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
10 MO SUBSCRIPTION FO RQR

CODE PLATFORM GENERATOR

12.95 100 Public Com 10012203-80030 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
Zoom monthly services 655.72
100 Public Com 10012203-80030 20012616 11/21/2024 FISHER INTEGRATED INC 05 WEB STREAMING OCT24 (12-

MILE OUT)
2,300.00
100 Public Com 10012203-80030 20012628 11/21/2024 TVYES INC. 11 SUBSCRIPTION JAN-DEC25

MEDIA CLIPS MONITR SRVC
2,400.00
10012203-80030 5,518.32
100 Public Com 10012203-80600 20012620 11/21/2024 T'S & SIGNS INC. 01 SPECIAL EVENTS-ADDT'L

AOH BANNERS
195.75
10012203-80600 195.75
100 Legal Serv 10012204-80040 5005564 11/14/2024 BURKE, WILLIAMS &

SORENSEN, LLP
RETAIN 09 80 HRS #01 19,530.00
100 Legal Serv 10012204-80040 5005564 11/14/2024 BURKE, WILLIAMS &

SORENSEN, LLP
RETAIN 09 8199-0001 #02 6,621.80
10012204-80040 26,151.80
100 Legal Serv 10012204-80041 5005599 11/21/2024 BURKE, WILLIAMS &

SORENSEN, LLP
FRANK,L 09 0066.016 2,220.25
100 Legal Serv 10012204-80041 5005599 11/21/2024 BURKE, WILLIAMS &

SORENSEN, LLP
FRANK,W 09 0066.017 803.60
100 Legal Serv 10012204-80041 5005599 11/21/2024 BURKE, WILLIAMS &

SORENSEN, LLP
FD INV 09 0006.015 258.00
100 Legal Serv 10012204-80041 5005599 11/21/2024 BURKE, WILLIAMS &

SORENSEN, LLP
PRSNL 09 8199-0006 2,813.70
100 Legal Serv 10012204-80041 5005599 11/21/2024 BURKE, WILLIAMS &

SORENSEN, LLP
PD INV 09 0006.013 1,322.10
100 Legal Serv 10012204-80041 5005564 11/14/2024 BURKE, WILLIAMS &

SORENSEN, LLP
JONES,E 09 0066.013 3,492.44
100 Legal Serv 10012204-80041 5005564 11/14/2024 BURKE, WILLIAMS &

SORENSEN, LLP
PIANKO LIT 09 066.014 449.65

Page 5 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 19
100 Legal Serv 10012204-80041 5005564 11/14/2024 BURKE, WILLIAMS &

SORENSEN, LLP
CANDELLO LIT 09 0066.015 114.80
100 Legal Serv 10012204-80041 5005564 11/14/2024 BURKE, WILLIAMS &

SORENSEN, LLP
FRYE,S 09 0066.012 749.60
10012204-80041 12,224.14
100 Legal Serv 10012204-80042 5005564 11/14/2024 BURKE, WILLIAMS &

SORENSEN, LLP
HERRON 09 0066.001 1,898.40
10012204-80042 1,898.40
100 City Clerk 10013000-80030 20012486 11/14/2024 EAGLE NEWSPAPER LLC 01. LEGAL NOTICES 35.00 100 City Clerk 10013000-80030 20012542 11/14/2024 CORODATA RECORDS MANAGEMENT, INC.

07. Offsite Records Storage 57.19
10013000-80030 92.19
100 City Clerk 10013000-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
01 Cty Clk Copier 121.50
10013000-80131 121.50
100 City Clerk 10013000-80230 20012493 11/14/2024 COUNTY OF SAN DIEGOREG OF VOTERS

01. ELECTION EXPENSE 39,000.00
10013000-80230 39,000.00
100 City Clerk 10013000-80650 20012535 11/14/2024 T'S & SIGNS INC. 06. OTHER MISC SUPPLIES 56.55 100 City Clerk 10013000-80650 20012546 11/14/2024 TAB PRODUCTS CO, LLC. 06. OTHER MISC SUPPLIES 53.88 100 City Clerk 10013000-80650 20012546 11/14/2024 TAB PRODUCTS CO, LLC. 06. OTHER MISC SUPPLIES 155.18 100 City Clerk 10013000-80650 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD

06. OTHER MISC SUPPLIES 25.94
100 City Clerk 10013000-80650 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD

06. OTHER MISC SUPPLIES 45.71
100 City Clerk 10013000-80650 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD

06. OTHER MISC SUPPLIES 147.78
100 City Clerk 10013000-80650 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
TRANSCRIPT PROGRAM 30.00
100 City Clerk 10013000-80650 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD

06. OTHER MISC SUPPLIES 70.27
10013000-80650 585.31
100 Finance Di 10014401-70014 5005567 11/14/2024 ADO PROFESSIONAL

SOLUTIONS, INC
C. Bernal 2,522.20
100 Finance Di 10014401-70014 5005567 11/14/2024 ADO PROFESSIONAL

SOLUTIONS, INC
M. Glaser 1,888.80
100 Finance Di 10014401-70014 5005567 11/14/2024 ADO PROFESSIONAL

SOLUTIONS, INC
C. Bernal 541.68
100 Finance Di 10014401-70014 5005567 11/14/2024 ADO PROFESSIONAL

SOLUTIONS, INC
C. Bernal 1,980.52
100 Finance Di 10014401-70014 5005567 11/14/2024 ADO PROFESSIONAL

SOLUTIONS, INC
M. Glaser 1,865.19

Page 6 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 20
100 Finance Di 10014401-70014 5005601 11/21/2024 ADO PROFESSIONAL

SOLUTIONS, INC
C. Bernal 1,946.66
100 Finance Di 10014401-70014 5005601 11/21/2024 ADO PROFESSIONAL

SOLUTIONS, INC
M. Glaser 1,511.04
100 Finance Di 10014401-70014 5005601 11/21/2024 ADO PROFESSIONAL

SOLUTIONS, INC
C. Bernal 2,569.59
10014401-70014 14,825.68
100 Finance Di 10014401-80005 5005607 11/21/2024 DAVIS FARR LLP FY24 City Audit 23,650.00 10014401-80005 23,650.00
100 Finance Di 10014401-80030 20012514 11/14/2024 SECTRAN SECURITY INC. Service for Nov 421.45 10014401-80030 421.45
100 Finance Di 10014401-80131 5005569 11/14/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 118.03
100 Finance Di 10014401-80131 5005569 11/14/2024 AIS - ADVANCED IMAGING

STRATEGIES
Variance -2.68
100 Finance Di 10014401-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
Variance 0.02
100 Finance Di 10014401-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 84.72
100 Finance Di 10014401-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
Variance -1.40
10014401-80131 198.69
100 Finance Di 10014401-80650 20012621 11/21/2024 ODP BUSINESS

SOLUTIONS, LLC

08. Office Supplies 48.79
100 Finance Di 10014401-80650 20012621 11/21/2024 ODP BUSINESS

SOLUTIONS, LLC

08. Office Supplies 93.32
10014401-80650 142.11
100 Human Reso 10014402-80030 5005560 11/14/2024 GOVERNMENTJOBS.COM, INC.

01. HR ONLINE JOB APP.

SOFTWARE - ANNUAL
10,015.96
10014402-80030 10,015.96
100 Human Reso 10014402-80055 5005565 11/14/2024 CODE 4 INVESTIGATIONS, INC.

00. Police Background 650.00
100 Human Reso 10014402-80055 20012563 11/21/2024 ST OF CA DEPT OF

JUSTICE-ACCOUNTING

05. Live Scan Oct 24 565.00
10014402-80055 1,215.00
100 Human Reso 10014402-80131 5005569 11/14/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 60.60
100 Human Reso 10014402-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 48.83
10014402-80131 109.43

Page 7 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 21
100 Human Reso 10014402-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD

05. Technical HR Training -

CALPERS
599.00
100 Human Reso 10014402-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD

01. Job Recruitment 25.00
100 Human Reso 10014402-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD

01. Job Recruitment 25.00
100 Human Reso 10014402-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD

01. Job Recruitment 25.00
100 Human Reso 10014402-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD

05. Technical HR Training -
PSHRA
100.00
100 Human Reso 10014402-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD

05. Technical HR Training -
PSHRA

35.00 100 Human Reso 10014402-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD

05. Technical HR Training -
PSHRA

20.00 100 Human Reso 10014402-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD

05. Technical HR Training -
CALPELRA (Flight)
996.20
100 Human Reso 10014402-80340 20012639 11/21/2024 ONE-TIME VENDOR - EE REIMB
Reimbursement for CALPELRA 759.92
10014402-80340 2,585.12
100 Human Reso 10014402-80390 20012520 11/14/2024 CORODATA SHREDDING, INC
00 Shred Svc Sep24 19.41
10014402-80390 19.41
100 Human Reso 10014402-80650 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
Retractable badge reel/clips 18.26
100 Human Reso 10014402-80650 20012621 11/21/2024 ODP BUSINESS

SOLUTIONS, LLC

01. Misc Supplies 63.98
10014402-80650 82.24
100 Systems Ad 10014403-80030 5005554 11/14/2024 DELL MARKETING L.P. VLA O365GOVG3 SHRDSVR

ALNG SUBSVL MVL PERUSR
1,880.10
100 Systems Ad 10014403-80030 5005577 11/14/2024 ASSURED DATA PROTECTION, INC.

Assured Data Protection Service
Tier III - Hybrid
3,792.10
100 Systems Ad 10014403-80030 20012517 11/14/2024 OSTARI INC. Supplemental IT Support Services 3,601.25 100 Systems Ad 10014403-80030 20012520 11/14/2024 CORODATA SHREDDING, INC
00 Shred Scv Sep24 187.73
100 Systems Ad 10014403-80030 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
DNS usage 0.70
100 Systems Ad 10014403-80030 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
Site license for TreeSize Prof. 2,140.00
100 Systems Ad 10014403-80030 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
Lunch meal for interview panel 125.54
100 Systems Ad 10014403-80030 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
Domain registration - Coronado
city
361.70
100 Systems Ad 10014403-80030 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
Automox software 1,197.00
10014403-80030 13,286.12

Page 8 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 22
100 Systems Ad 10014403-80210 20012532 11/14/2024 CHARTER

COMMUNICATIONS

HOLDINGS, LLC
1110 Orange Ave 686.37
100 Systems Ad 10014403-80210 20012532 11/14/2024 CHARTER

COMMUNICATIONS

HOLDINGS, LLC
1825 Strand Way 587.31
100 Systems Ad 10014403-80210 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
IT Firstnet Telephone and mifi
services

40.24 100 Systems Ad 10014403-80210 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
Mobile phone case and protection 90.45
100 Systems Ad 10014403-80210 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
Mobile phone case 43.09
100 Systems Ad 10014403-80210 20012615 11/21/2024 CHARTER

COMMUNICATIONS

HOLDINGS, LLC
Monthly Charges 415.36
100 Systems Ad 10014403-80210 20012615 11/21/2024 CHARTER

COMMUNICATIONS

HOLDINGS, LLC
Monthly Charges 1,529.00
100 Systems Ad 10014403-80210 20012615 11/21/2024 CHARTER

COMMUNICATIONS

HOLDINGS, LLC
Monthly Charges 299.99
100 Systems Ad 10014403-80210 20012615 11/21/2024 CHARTER

COMMUNICATIONS

HOLDINGS, LLC
Monthly Charges 353.81
100 Systems Ad 10014403-80210 20012541 11/14/2024 PROTEL COMMUNICATIONS INC.

ProCloud MiVoice Connect Value 13,831.98
10014403-80210 17,877.60
100 Systems Ad 10014403-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
Meal during business travel 27.01
100 Systems Ad 10014403-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
Meal during business travel 26.23
100 Systems Ad 10014403-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
Hotel for MISAC conference - BL 874.32
100 Systems Ad 10014403-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
Bottled water usage - ML's room 5.46
100 Systems Ad 10014403-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
Hotel for MISAC conference - MH 874.32
100 Systems Ad 10014403-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
Transportation - conf - trip back to
airport

18.13 100 Systems Ad 10014403-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
Meal during business travel 20.98
100 Systems Ad 10014403-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
Business travel - baggage fees 35.00
100 Systems Ad 10014403-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
Donuts for interview panel 14.00
100 Systems Ad 10014403-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
Lunch meal for interview panel 163.00
10014403-80340 2,058.45
100 Systems Ad 10014403-80650 5005550 11/14/2024 CDW GOVERNMENT

CENTERS, INC
PROLINE 10GBASE-SR SFP 292.63
100 Systems Ad 10014403-80650 5005550 11/14/2024 CDW GOVERNMENT

CENTERS, INC
APC 1.8M POWER CORD KIT
6EA LOCKING
799.29
100 Systems Ad 10014403-80650 5005550 11/14/2024 CDW GOVERNMENT

CENTERS, INC
STATECH 9.8FT HP J9283B 712.42

Page 9 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 23
100 Systems Ad 10014403-80650 5005550 11/14/2024 CDW GOVERNMENT

CENTERS, INC
PROLINE 1M 10GBASE-CU SFP 2,370.76
100 Systems Ad 10014403-80650 5005550 11/14/2024 CDW GOVERNMENT

CENTERS, INC
ARUBA X371 12VDC 250W PS 2,167.28
100 Systems Ad 10014403-80650 20012488 11/14/2024 FEDEX Shipping Charges 92.00 100 Systems Ad 10014403-80650 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
Ethernet adapters for laptops 158.91
100 Systems Ad 10014403-80650 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
Keyboard and mouse sets 368.48
100 Systems Ad 10014403-80650 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
Laptop rubber feet 59.07
100 Systems Ad 10014403-80650 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
Keyboard and mouse sets 212.55
100 Systems Ad 10014403-80650 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
USB hub 35.75
100 Systems Ad 10014403-80650 5005609 11/21/2024 GREEN ROCKET SECURITY INC.

YubiKey 5C NFC (USB-C, nonFIPS)9,453.04
10014403-80650 16,722.18
100 Police Dep 10021000-42006 20012633 11/21/2024 ONE-TIME VENDOR -

PARKING CITES

CITE REFUND OVER PAYMET
9142897

15.00 10021000-42006 15.00
100 Police Adm 10021101-80030 5005586 11/21/2024 DAY WIRELESS SYSTEMS (20)
DISPATCH NOV 2024 #5 85.00
100 Police Adm 10021101-80030 5005586 11/21/2024 DAY WIRELESS SYSTEMS (20)
HANDHELD RADIOS NOV 2024
#5
1,116.20
100 Police Adm 10021101-80030 5005612 11/21/2024 MILLER MENDEL, INC. ESOPH JUL - SEPT 2024 81.96 100 Police Adm 10021101-80030 5005612 11/21/2024 MILLER MENDEL, INC. ESOPH 2.65 10021101-80030 1,285.81
100 Police Adm 10021101-80055 20012629 11/21/2024 FOCUS PSYCHOLOGICAL SERVICES, INC.

EE COUNSELING OCT 2024 1,100.00
100 Police Adm 10021101-80055 20012563 11/21/2024 ST OF CA DEPT OF

JUSTICE-ACCOUNTING
LIVESCAN OCT 2024 403.00
10021101-80055 1,503.00
100 Police Adm 10021101-80100 20012596 11/21/2024 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2024 5,151.67 10021101-80100 5,151.67
100 Police Adm 10021101-80112 20012558 11/21/2024 CAL-AM WATER (POLICE

ACCOUNT)

DRINKING WATER SEPT OCT
2024
341.44
100 Police Adm 10021101-80112 20012558 11/21/2024 CAL-AM WATER (POLICE

ACCOUNT)
FIRE SPRINK NOV DEC 2024 #5 89.07
10021101-80112 430.51

Page 10 of 42 ends

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AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 24
100 Police Adm 10021101-80120 20012601 11/21/2024 CORODATA SHREDDING, INC
SHRED SERVICE OCT 2024 44.95
10021101-80120 44.95
100 Police Adm 10021101-80130 5005547 11/14/2024 COUNTY OF SAN DIEGO, RCS
Police Services 3,864.50
10021101-80130 3,864.50
100 Police Adm 10021101-80131 5005569 11/14/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 301.15
100 Police Adm 10021101-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 347.08
10021101-80131 648.23
100 Police Adm 10021101-80210 20012590 11/21/2024 AT&T U-VERSE VESTA OCT NOV 2024 #4 127.69 100 Police Adm 10021101-80210 5005594 11/21/2024 EQUIFAX INFORMATION

SERVICES LLC
CREDIT REPORTS 25.00
10021101-80210 152.69
100 Police Adm 10021101-80250 20012592 11/21/2024 EAGLE GRAPHICS INC. SVP NOTE CARDS 98.89 100 Police Adm 10021101-80250 5005578 11/21/2024 ACE UNIFORMS &

ACCESSORIES
UNIFORM SVP J. CALANDRO 114.20
100 Police Adm 10021101-80250 5005602 11/21/2024 CWA UNIFORMS INC UNIFORM SVP M. BAILEY 182.21 10021101-80250 395.30
100 Police Adm 10021101-80330 20012587 11/21/2024 ENTERPRISE HOLDINGS, INC.

TRAINING CAR RENTAL - D.

ADAMS
296.61
100 Police Adm 10021101-80330 20012587 11/21/2024 ENTERPRISE HOLDINGS, INC.

TRAINING CAR RENTAL -

SELLERS
483.18
100 Police Adm 10021101-80330 20012641 11/21/2024 ONE-TIME VENDOR - PER DIEM

TRAINING - PER DIEM - RIMS

ADJ - RELOJ
154.00
100 Police Adm 10021101-80330 20012642 11/21/2024 ONE-TIME VENDOR - PER DIEM

TRAINING - PER DIEM - RIMS

ADJ - MARCOS
154.00
100 Police Adm 10021101-80330 20012643 11/21/2024 ONE-TIME VENDOR - PER DIEM
TRAINING -PER DIEMBACKGROUND INVESTBRENNAN387.00
100 Police Adm 10021101-80330 20012644 11/21/2024 ONE-TIME VENDOR - PER DIEM

TRAINING - PER DIEM - RIMS

ADJ - SELLERS
154.00
10021101-80330 1,628.79
100 Police Adm 10021101-80340 20012588 11/21/2024 RAYNE DRINKING WATER NOV 2024 136.50 10021101-80340 136.50

Page 11 of 42 ends

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NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 25
100 Police Adm 10021101-80520 5005584 11/21/2024 SAN DIEGO POLICE

EQUIPMENT CO INC
AMMUNITION 5,041.56
10021101-80520 5,041.56
100 Police Adm 10021101-80571 20012585 11/21/2024 CHEVRON AND TEXACO

BUSINESS CARDS
MOTOR FUEL 1,417.81
100 Police Adm 10021101-80571 20012597 11/21/2024 AMERICAN PETROLEUM

SERVICES, INC
PD FUEL OCT 2024 676.14
10021101-80571 2,093.95
100 Police Adm 10021101-80635 20012608 11/21/2024 UNIFIRST FIRST AID CORP
FIRST AID SUPPLIES 53.77
10021101-80635 53.77
100 Police Adm 10021101-90040 20012630 11/21/2024 FSOC, LLC. FIRST RESPONDER KITS 20,241.35 10021101-90040 20,241.35
100 Police Fie 10021102-80030 20012570 11/21/2024 COUNTY OF SAN DIEGO PARKING CITE COURT FEES OCT 2024
11,768.75
10021102-80030 11,768.75
100 Police Fie 10021102-80130 20012600 11/21/2024 BMW MOTORCYCLES OF

ESCONDIDO

MOTOR MAINT TIRE CHANGE
ZG34232
446.08
100 Police Fie 10021102-80130 20012611 11/21/2024 ROBERT K. BROWN MOTOR MAINT D83184 - TIRE

REPLACEMENT
712.90
10021102-80130 1,158.98
100 Police Fie 10021102-80340 20012640 11/21/2024 ONE-TIME VENDOR -

TUITION
TUITION REIMB - CS204
DATABASE MGMT - J. MARCOS
545.00
10021102-80340 545.00
100 Police Fie 10021102-80650 20012568 11/21/2024 PVP
COMMUNICATIONS,INC.

HELMET BADGE 538.12
100 Police Fie 10021102-80650 20012568 11/21/2024 PVP
COMMUNICATIONS,INC.
04 MOTOR HELMET &

COMMUNICATIONS KIT
1,207.11
100 Police Fie 10021102-80650 20012637 11/21/2024 ONE-TIME VENDOR - EE REIMB
EE REIMB - CARRIER 279.08
10021102-80650 2,024.31
100 Fire Servi 10025501-70032 5005546 11/14/2024 ACE UNIFORMS, LLC. 01. EMT DAUPHIN UNIF 80.80 100 Fire Servi 10025501-70032 5005546 11/14/2024 ACE UNIFORMS, LLC. 01. EMT SEVIER UNIF 70.03 100 Fire Servi 10025501-70032 5005546 11/14/2024 ACE UNIFORMS, LLC. 01. A. MARTINEZ UNIF 383.57

Page 12 of 42 ends

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AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 26
100 Fire Servi 10025501-70032 5005585 11/21/2024 ACE UNIFORMS, LLC. 01. PORTER UNIF 439.62 100 Fire Servi 10025501-70032 5005585 11/21/2024 ACE UNIFORMS, LLC. 01. UNIF CREDIT -379.99 100 Fire Servi 10025501-70032 5005585 11/21/2024 ACE UNIFORMS, LLC. 01. EMT SERRANO UNIF 273.67 100 Fire Servi 10025501-70032 5005585 11/21/2024 ACE UNIFORMS, LLC. 01. EMT ROBINSON UNIF 203.65 10025501-70032 1,071.35
100 Fire Servi 10025501-80030 5005547 11/14/2024 COUNTY OF SAN DIEGO, RCS
Fire Radios 1,829.00
100 Fire Servi 10025501-80030 20012505 11/14/2024 WITTMAN ENTERPRISES, LLC

05. 10/24 AMBULANCE 2,944.00
100 Fire Servi 10025501-80030 5005596 11/21/2024 KRONOS SAASHR INC 11. 9/24 TS IVR 43.34 100 Fire Servi 10025501-80030 20012629 11/21/2024 FOCUS PSYCHOLOGICAL SERVICES, INC.

08. 10/24 CRISIS COUNSELING 900.00
10025501-80030 5,716.34
100 Fire Servi 10025501-80100 20012596 11/21/2024 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2024 736.74 10025501-80100 736.74
100 Fire Servi 10025501-80110 20012495 11/14/2024 SDG&E-(FIRE SRV

ACCOUNT)

01. 10/24 CAYS ELEC 1,456.78
100 Fire Servi 10025501-80110 20012571 11/21/2024 SDG&E-(FIRE SRV

ACCOUNT)

01. 10/24 CAYS M602 ELEC 48.53
10025501-80110 1,505.31
100 Fire Servi 10025501-80111 20012495 11/14/2024 SDG&E-(FIRE SRV

ACCOUNT)

01. 10/24 CAYS GAS 81.30
10025501-80111 81.30
100 Fire Servi 10025501-80112 20012562 11/21/2024 CAL-AM WATER (FIRE

ACCOUNT)

01.11/24 HQ SPRINKLERS 54.39
100 Fire Servi 10025501-80112 20012562 11/21/2024 CAL-AM WATER (FIRE

ACCOUNT)

01. 10/24 HQ H2O 460.01
10025501-80112 514.40
100 Fire Servi 10025501-80130 5005608 11/21/2024 AMAZON CAPITAL

SERVICES INC

04. FIRE APP SUPPLIES 259.42
100 Fire Servi 10025501-80130 20012631 11/21/2024 RAYNE DEALERSHIP CORP.

10. FY25 37 DI H2O SVC 965.00
100 Fire Servi 10025501-80130 20012631 11/21/2024 RAYNE DEALERSHIP CORP.

10. FY25 36 DI H2O SVC 965.00
100 Fire Servi 10025501-80130 20012484 11/14/2024 CORONADO HARDWARE 08. BATTERIES 16.14 10025501-80130 2,205.56

Page 13 of 42 ends

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Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 27
100 Fire Servi 10025501-80131 5005569 11/14/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 60.40
100 Fire Servi 10025501-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
02 FD Cays Copier 5.57
10025501-80131 65.97
100 Fire Servi 10025501-80280 20012480 11/14/2024 VESTIS GROUP, INC. 01. 37 1106 TOWEL MAT 71.50 100 Fire Servi 10025501-80280 20012480 11/14/2024 VESTIS GROUP, INC. 01. 36 1106 TOWEL MAT 94.62 100 Fire Servi 10025501-80280 20012480 11/14/2024 VESTIS GROUP, INC. 01. 37 1030 TOWEL MAT 71.50 100 Fire Servi 10025501-80280 20012480 11/14/2024 VESTIS GROUP, INC. 01. 36 1030 TOWEL MAT 94.62 10025501-80280 332.24
100 Fire Servi 10025501-80340 20012552 11/14/2024 ONE-TIME FIRE DEPT. 06. 2024 OLDTIMERS LUNCH 250.00 100 Fire Servi 10025501-80340 20012638 11/21/2024 ONE-TIME VENDOR - EE REIMB

01. CHIEF CONFERENCE

LODGING
638.24
10025501-80340 888.24
100 Fire Servi 10025501-80575 20012497 11/14/2024 SOUTHWEST TROPHY & AWARD, INC.

04. OH24 TROPHIES 349.11
10025501-80575 349.11
100 Fire Servi 10025501-80576 5005608 11/21/2024 AMAZON CAPITAL

SERVICES INC

01. SHOP SUPPLIES 10.70
100 Fire Servi 10025501-80576 20012484 11/14/2024 CORONADO HARDWARE 01. SHOP SUPPLIES 8.62 10025501-80576 19.32
100 Fire Servi 10025501-80610 5005551 11/14/2024 WESTAIR GASES &

EQUIPMENT

02. 02 TNK RENTAL 190.95
100 Fire Servi 10025501-80610 5005576 11/14/2024 BOUND TREE MEDICAL LLC

01. EMS SUPPLIES 375.46
100 Fire Servi 10025501-80610 20012491 11/14/2024 LIFE ASSIST, INC. 01. EMS SUPPLIES 1,000.97 100 Fire Servi 10025501-80610 20012527 11/14/2024 NATIONWIDE MEDICAL

SURGICAL INC

01. EMS SUPPLIES 1,439.40
100 Fire Servi 10025501-80610 20012566 11/21/2024 LIFE ASSIST, INC. 01. EMS SUPPLIES 709.75 100 Fire Servi 10025501-80610 5005616 11/21/2024 BOUND TREE MEDICAL LLC

01. EMS SUPPLIES 269.16
10025501-80610 3,985.69
100 Fire Servi 10025501-80650 5005570 11/14/2024 AMAZON CAPITAL

SERVICES INC

01. OFFICE SUPPLIES 42.00
100 Fire Servi 10025501-80650 20012492 11/14/2024 STAPLES, INC. 01. OFFICE SUPPLIES 22.08 100 Fire Servi 10025501-80650 20012492 11/14/2024 STAPLES, INC. 01. OFFICE SUPPLIES 186.40

Page 14 of 42 ends

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NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 28
100 Fire Servi 10025501-80650 5005608 11/21/2024 AMAZON CAPITAL

SERVICES INC

01. OFFICE SUPPLIES 53.86
100 Fire Servi 10025501-80650 5005608 11/21/2024 AMAZON CAPITAL

SERVICES INC

06. JANIT SUPPLIES 156.20
100 Fire Servi 10025501-80650 20012573 11/21/2024 SOUTHWEST TROPHY & AWARD, INC.

02. NAMETAG 19.39
100 Fire Servi 10025501-80650 20012626 11/21/2024 BAUER COMPRESSORS, INC.

07. WILDLAND GLOVES 3,335.70
100 Fire Servi 10025501-80650 5005561 11/14/2024 MUNICIPAL EMERGENCY SERVICES, INC.

07. SUMMERS TURNOUTS 4,270.32
100 Fire Servi 10025501-80650 5005561 11/14/2024 MUNICIPAL EMERGENCY SERVICES, INC.

07. COPEMAN TURNOUTS 4,270.32
100 Fire Servi 10025501-80650 5005561 11/14/2024 MUNICIPAL EMERGENCY SERVICES, INC.

07. MAZZENGA TURNOUTS 4,270.32
10025501-80650 16,626.59
100 Fire Servi 10025501-90040 5005596 11/21/2024 KRONOS SAASHR INC 09. TELESTAFF CLOUD

MIGRATION
4,800.00
10025501-90040 4,800.00
100 Disaster P 10025502-80131 5005569 11/14/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 0.87
100 Disaster P 10025502-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 101.00
100 Disaster P 10025502-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 0.87
10025502-80131 102.74
100 Fire/Beach 10025503-80030 20012627 11/21/2024 WATCHOWER SOLUTIONS, INC.

04. FY25 LG RECORDS MAINT 6,270.00
10025503-80030 6,270.00
100 Fire/Beach 10025503-80100 20012596 11/21/2024 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2024 1,443.32 10025503-80100 1,443.32
100 Fire/Beach 10025503-80112 20012562 11/21/2024 CAL-AM WATER (FIRE

ACCOUNT)

01.11/24 LG SPRINKLERS 54.39
10025503-80112 54.39
100 Fire/Beach 10025503-80130 5005547 11/14/2024 COUNTY OF SAN DIEGO, RCS
Lifeguard Radios 590.00
10025503-80130 590.00
100 Fire/Beach 10025503-80131 5005569 11/14/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 6.22
100 Fire/Beach 10025503-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
02 LG Copier 18.10
100 Fire/Beach 10025503-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 6.29

Page 15 of 42 ends

FUND BUDGET UNITACCOUNT
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NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 29
10025503-80131 30.61
100 Fire/Beach 10025503-80280 20012480 11/14/2024 VESTIS GROUP, INC. 02. LG 1030 TOWEL MAT 68.48 100 Fire/Beach 10025503-80280 20012480 11/14/2024 VESTIS GROUP, INC. 02. LG 1106 TOWEL MAT 68.48 10025503-80280 136.96
100 Fire/Beach 10025503-80571 20012597 11/21/2024 AMERICAN PETROLEUM

SERVICES, INC

01. LG FUEL 2024 7-10 891.27
10025503-80571 891.27
100 Fire/Beach 10025503-80575 5005570 11/14/2024 AMAZON CAPITAL

SERVICES INC

01. FLY TRAPS 14.32
100 Fire/Beach 10025503-80575 20012484 11/14/2024 CORONADO HARDWARE 01. TRAILER REPAIR 26.93 10025503-80575 41.25
100 Fire/Beach 10025503-80595 5005570 11/14/2024 AMAZON CAPITAL

SERVICES INC

01. SAFETY CONES 69.58
10025503-80595 69.58
100 Fire/Beach 10025503-80650 5005570 11/14/2024 AMAZON CAPITAL

SERVICES INC

05. FAUCET REPAIR 94.30
100 Fire/Beach 10025503-80650 5005570 11/14/2024 AMAZON CAPITAL

SERVICES INC

05. DRINKING WATER FILTER 374.96
100 Fire/Beach 10025503-80650 20012581 11/21/2024 OCEAN ENTERPRISES, INC

06. DIVE TEAM ITEMS 37.71
100 Fire/Beach 10025503-80650 20012581 11/21/2024 OCEAN ENTERPRISES, INC

06. DIVE TEAM ITEMS 370.98
10025503-80650 877.95
100 PS Admin 10030001-80030 5005552 11/14/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
01 UNIT #3-8 DEF HEADER 6,030.94
10030001-80030 6,030.94
100 PS Admin 10030001-80100 20012596 11/21/2024 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2024 246.75 10030001-80100 246.75
100 PS Admin 10030001-80130 5005547 11/14/2024 COUNTY OF SAN DIEGO, RCS
Public Services 501.50
10030001-80130 501.50
100 PS Admin 10030001-80131 5005569 11/14/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 63.70
100 PS Admin 10030001-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 119.52

Page 16 of 42 ends

FUND BUDGET UNITACCOUNT
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CHECK
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NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 30
10030001-80131 183.22
100 PS Admin 10030001-80210 5005558 11/14/2024 SATCOM GLOBAL, INC 01 SIM CARD OCT 2024 77.69 10030001-80210 77.69
100 PS Admin 10030001-80340 5005552 11/14/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
01 ALL HANDS MEETING 88.93
100 PS Admin 10030001-80340 5005552 11/14/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
01 ALL HANDS MEETING 303.78
100 PS Admin 10030001-80340 5005552 11/14/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
01 ALL HANDS MEETING 207.83
10030001-80340 600.54
100 PS Admin 10030001-80600 20012623 11/21/2024 MCCARTY EVENT

LIGHTING CORPORATION
03 2024 Rotary Park Holiday Tree
Lighting Services
26,875.00
100 PS Admin 10030001-80600 5005552 11/14/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
01 4TH JULY RENTAL 843.23
10030001-80600 27,718.23
100 PS Admin 10030001-80650 20012530 11/14/2024 AMAZON.COM SALES, INC 01 KITCHEN DISH RACK

LUNCHROOM

64.64 100 PS Admin 10030001-80650 20012543 11/14/2024 COMPASS GROUP USA, INC.
01 COFFEE SUPPLIES 477.64
100 PS Admin 10030001-80650 20012614 11/21/2024 AMAZON.COM SALES, INC 01 UTILITY HOOKS, CHAIR MAT 38.17 100 PS Admin 10030001-80650 5005552 11/14/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
01 COFFEE SUPPLIES 87.94
100 PS Admin 10030001-80650 5005552 11/14/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
01 COFFEE SUPPLIES 89.98
100 PS Admin 10030001-80650 5005552 11/14/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
01 CERTIFIED MAIL 17.90
100 PS Admin 10030001-80650 20012537 11/14/2024 ODP BUSINESS

SOLUTIONS, LLC
01 CUTLERY SUPPLIES 66.64
100 PS Admin 10030001-80650 20012537 11/14/2024 ODP BUSINESS

SOLUTIONS, LLC
01 OFFICE SUPPLIES 121.09
100 PS Admin 10030001-80650 20012537 11/14/2024 ODP BUSINESS

SOLUTIONS, LLC
01 OFFICE SUPPLY KITCHEN

RESTOCK

40.56 100 PS Admin 10030001-80650 20012480 11/14/2024 VESTIS GROUP, INC. 00 MATS/TOWELS OCT 24 13.41 100 PS Admin 10030001-80650 20012480 11/14/2024 VESTIS GROUP, INC. 00 MATS/TOWELS NOV 24 13.41 10030001-80650 1,031.38
100 Streets Di 10030002-80030 20012605 11/21/2024 SOLID PROPERTY

SERVICES INC
01 PWR WASH NOV 2024 11,012.64
100 Streets Di 10030002-80030 20012480 11/14/2024 VESTIS GROUP, INC. 01 MATS/TOWELS OCT 24 8.54 100 Streets Di 10030002-80030 20012480 11/14/2024 VESTIS GROUP, INC. 01 MATS/TOWELS NOV 24 8.54 10030002-80030 11,029.72

Page 17 of 42 ends

FUND BUDGET UNITACCOUNT
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NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 31
100 Streets Di 10030002-80100 20012596 11/21/2024 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2024 434.10 10030002-80100 434.10
100 Streets Di 10030002-80110 20012496 11/14/2024 SDG&E-(PUBLIC

SERVICES ACCT)
01 1695 STRAND WAY 5.93
100 Streets Di 10030002-80110 20012496 11/14/2024 SDG&E-(PUBLIC

SERVICES ACCT)
01 ELEC 9/13-10/11/24 26.01
100 Streets Di 10030002-80110 20012496 11/14/2024 SDG&E-(PUBLIC

SERVICES ACCT)
01 LS1B STLTS D 78.34
100 Streets Di 10030002-80110 20012496 11/14/2024 SDG&E-(PUBLIC

SERVICES ACCT)
01 LS2B D 7,253.67
10030002-80110 7,363.95
100 Streets Di 10030002-80131 5005569 11/14/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 60.84
100 Streets Di 10030002-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 64.30
10030002-80131 125.14
100 Streets Di 10030002-80132 20012564 11/21/2024 CORONADO HARDWARE 01 REBAR 53.83 10030002-80132 53.83
100 Streets Di 10030002-80133 20012544 11/14/2024 GRADING PLUMBING SITE CONSTRUCTION INC.
01 WATER COPPER LINE REROUTED1,113.70
10030002-80133 1,113.70
100 Streets Di 10030002-80135 20012614 11/21/2024 AMAZON.COM SALES, INC 01 TRAFFIC CONE TOP SIGN 17.23 100 Streets Di 10030002-80135 20012614 11/21/2024 AMAZON.COM SALES, INC 01 TRAFFIC CONE TOP SIGN 577.00 100 Streets Di 10030002-80135 20012503 11/14/2024 FASTSIGNS OF SAN DIEGO
02 SIGNS PED XING/NO LEFT
TURN
4,424.82
100 Streets Di 10030002-80135 5005540 11/14/2024 UNDERGROUND SERVICE

ALERT OF
03 DIG ALERT 39.13
100 Streets Di 10030002-80135 5005540 11/14/2024 UNDERGROUND SERVICE

ALERT OF
03 DIG ALERT MTHLY

DATABASE MAINT
146.90
100 Streets Di 10030002-80135 20012518 11/14/2024 TRENTMAN

CORPORATION
01 WHITE PAINT 1,411.79
10030002-80135 6,616.87
100 Streets Di 10030002-80280 20012480 11/14/2024 VESTIS GROUP, INC. 01 UNIFORMS OCT 24 7.63 100 Streets Di 10030002-80280 20012480 11/14/2024 VESTIS GROUP, INC. 01 UNIFORMS NOV 24 7.63 10030002-80280 15.26

Page 18 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 32
100 Streets Di 10030002-80650 20012614 11/21/2024 AMAZON.COM SALES, INC 04 CLASS 3 REFLECTIVE HOODIE

75.41 100 Streets Di 10030002-80650 20012614 11/21/2024 AMAZON.COM SALES, INC 04 CLASS 3 REFLECTIVE HOODIE

75.41 100 Streets Di 10030002-80650 20012614 11/21/2024 AMAZON.COM SALES, INC 03 CLASS 3 REFLECTIVE

HOODIES
527.87
10030002-80650 678.69
100 Parks Divi 10030003-80030 20012483 11/14/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 670 POMONA AVE PARK 2,098.14
100 Parks Divi 10030003-80030 20012504 11/14/2024 PLANT TEK, INC 02 GLORIETTA BAY PARK 850.00 100 Parks Divi 10030003-80030 20012504 11/14/2024 PLANT TEK, INC 02 MATHEWSON PARK - TURF WEEDS
450.00
100 Parks Divi 10030003-80030 20012526 11/14/2024 ANDRE LANDSCAPE

SERVICE
01 MAINT NOV 24 74,350.00
100 Parks Divi 10030003-80030 20012536 11/14/2024 FOUR POINTS PEST MANAGEMENT, INC.
06 CONTRACT SERVICES PEST

CONTROL
365.00
100 Parks Divi 10030003-80030 20012536 11/14/2024 FOUR POINTS PEST MANAGEMENT, INC.
02 PEST CONTROL ORANGE
AVE
295.00
100 Parks Divi 10030003-80030 5005579 11/21/2024 M B OLIVER, INC 02 PEST CONTROL SUNSET PARK

65.00 100 Parks Divi 10030003-80030 5005579 11/21/2024 M B OLIVER, INC 02 PEST CONTROL CAYS PARK 75.00 100 Parks Divi 10030003-80030 20012480 11/14/2024 VESTIS GROUP, INC. 01 MATS/TOWELS OCT 24 23.17 100 Parks Divi 10030003-80030 20012480 11/14/2024 VESTIS GROUP, INC. 01 MATS/TOWELS NOV 24 23.17 10030003-80030 78,594.48
100 Parks Divi 10030003-80100 20012596 11/21/2024 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2024 5,076.04 10030003-80100 5,076.04
100 Parks Divi 10030003-80110 20012496 11/14/2024 SDG&E-(PUBLIC

SERVICES ACCT)
01 ELEC 9/13-10/11/24 -495.19
10030003-80110 -495.19
100 Parks Divi 10030003-80112 20012483 11/14/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 1651 STRAND WY IRRG 1,797.30
100 Parks Divi 10030003-80112 20012483 11/14/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 740 GUADALUPE AVE 974.47
100 Parks Divi 10030003-80112 20012483 11/14/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 265 I AVE 4,168.77
100 Parks Divi 10030003-80112 20012483 11/14/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 125 ALAMEDA BLVD IRRG 84.64
100 Parks Divi 10030003-80112 20012483 11/14/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 920 BAY CIR IRRG 889.49
100 Parks Divi 10030003-80112 20012483 11/14/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 1040 POMONA AVE IRRG 694.30
100 Parks Divi 10030003-80112 20012483 11/14/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 265 I AVE 739.47

Page 19 of 42 ends

FUND BUDGET UNITACCOUNT
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CHECK
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NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 33
100 Parks Divi 10030003-80112 20012560 11/21/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 240 ORANAGE AVE IRRG 1,087.00
100 Parks Divi 10030003-80112 20012560 11/21/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 1120 SIXTH ST 2,669.35
100 Parks Divi 10030003-80112 20012560 11/21/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 1500 THIRD ST 918.41
100 Parks Divi 10030003-80112 20012560 11/21/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 5090 SILVER STRND BLVD
IRRG

92.83 100 Parks Divi 10030003-80112 20012560 11/21/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 1500 THIRD ST 918.41
100 Parks Divi 10030003-80112 20012560 11/21/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 336 ORANGE AVE 567.03
100 Parks Divi 10030003-80112 20012560 11/21/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 560 ORANGE AVE 1,978.86
100 Parks Divi 10030003-80112 20012560 11/21/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 560 ORANGE AVE IRRG 1,581.19
100 Parks Divi 10030003-80112 20012560 11/21/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 111 B AVE 730.37
100 Parks Divi 10030003-80112 20012560 11/21/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 720 FOURTH ST 735.43
100 Parks Divi 10030003-80112 20012560 11/21/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 436 ORANGE AVE IRRG 1,249.80
100 Parks Divi 10030003-80112 20012560 11/21/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 166 ORANGE AVE IRRG 987.33
100 Parks Divi 10030003-80112 20012560 11/21/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 560 ORANGE AVE 1,205.13
100 Parks Divi 10030003-80112 20012560 11/21/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 6000 SILVER STRND BLVE
IRRG
1,192.11
100 Parks Divi 10030003-80112 20012560 11/21/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 5098 SILVER STRND BLVD
IRRG

92.83 10030003-80112 25,354.52
100 Parks Divi 10030003-80120 5005574 11/14/2024 FORD MOTOR COMPANY 02 TRUCK LEASE NOV 2024 824.15 10030003-80120 824.15
100 Parks Divi 10030003-80130 20012530 11/14/2024 AMAZON.COM SALES, INC 04 JOHN DEERE CART 25.85 10030003-80130 25.85
100 Parks Divi 10030003-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
01 Park Copier 23.59
10030003-80131 23.59
100 Parks Divi 10030003-80135 20012512 11/14/2024 TERRA BELLA NURSERY, INC
05 CAYS PARK - PLAYGROUND
FIBER
193.89
100 Parks Divi 10030003-80135 20012512 11/14/2024 TERRA BELLA NURSERY, INC
00 R&M OUTSIDE CAYS

MEDIANS PROJECTS

72.00 100 Parks Divi 10030003-80135 20012533 11/14/2024 SOUTHWEST BOULDER & STONE, INC.
00 R&M OUTSIDE BRADLEY

FIELD PROJECT
105.86
100 Parks Divi 10030003-80135 20012586 11/21/2024 TERRA BELLA NURSERY, INC
02 PLAYGROUND SOD

PROJECT MATHEWSON

PROJECT
175.00
10030003-80135 546.75

Page 20 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 34
100 Parks Divi 10030003-80280 20012480 11/14/2024 VESTIS GROUP, INC. 01 UNIFORMS OCT 24 14.70 100 Parks Divi 10030003-80280 20012480 11/14/2024 VESTIS GROUP, INC. 01 UNIFORMS NOV 24 14.70 10030003-80280 29.40
100 Fleet Divi 10030004-80030 5005562 11/14/2024 DANNY'S AUTO BODY & PAINT
03 UNIT #2-827 BODY REPAIRS 5,668.24
100 Fleet Divi 10030004-80030 5005562 11/14/2024 DANNY'S AUTO BODY & PAINT
03 UNIT #2-827 BODY REPAIRS 1,444.02
100 Fleet Divi 10030004-80030 20012513 11/14/2024 AEP CALIFORNIA LLC 03 SHOTGUN RELEASE REPAIR 210.00 100 Fleet Divi 10030004-80030 20012516 11/14/2024 NORTH COUNTY EVS, INC 02 UNIT #5341 COOLANT

HOSES REPLACED
1,129.67
100 Fleet Divi 10030004-80030 20012516 11/14/2024 NORTH COUNTY EVS, INC 02 PUMP WATER VALVE

REPLACEMENT
165.31
100 Fleet Divi 10030004-80030 20012530 11/14/2024 AMAZON.COM SALES, INC 01 DIAGNOSTICS UNIT 4-854 210.00 100 Fleet Divi 10030004-80030 20012531 11/14/2024 BOB STALL CHEVROLET 01 UNIT #5-946 RADIO REPAIR 257.12 100 Fleet Divi 10030004-80030 20012540 11/14/2024 VERIZON COMMUNICATIONS INC.
11 GPS OCT 2024 732.90
100 Fleet Divi 10030004-80030 20012609 11/21/2024 PACIFIC COAST AUTO

DETAIL CENTER IN
01 DETAIL WORK UNIT 17-792 435.80
100 Fleet Divi 10030004-80030 20012480 11/14/2024 VESTIS GROUP, INC. 01 MATS/TOWELS OCT 24 15.85 100 Fleet Divi 10030004-80030 20012480 11/14/2024 VESTIS GROUP, INC. 01 MATS/TOWELS NOV 24 15.85 100 Fleet Divi 10030004-80030 5005559 11/14/2024 SUPERIOR CLEANING

EQUIPMENT, INC
UNIT #3-675 PRESSURE WASH
SVC

95.00 10030004-80030 10,379.76
100 Fleet Divi 10030004-80100 20012596 11/21/2024 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2024 171.76 10030004-80100 171.76
100 Fleet Divi 10030004-80112 20012560 11/21/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 101 B AVE 442.83
100 Fleet Divi 10030004-80112 20012560 11/21/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 101 B AVE 4IN FIRE 54.39
10030004-80112 497.22
100 Fleet Divi 10030004-80120 5005587 11/21/2024 WESTAIR GASES &

EQUIPMENT
01 CYL. RENTAL 235.51
10030004-80120 235.51
100 Fleet Divi 10030004-80130 5005555 11/14/2024 WINZER FRANCHISE

COMPANY
06 FOAM CLEANER AND DRILL
BITS
452.55
100 Fleet Divi 10030004-80130 20012498 11/14/2024 SAN DIEGO FRICTION PRODUCTS, INC.
04 UNIT #5341 EXHAUST CLAMP 82.28
100 Fleet Divi 10030004-80130 20012510 11/14/2024 PERRY OF NATIONAL CITY
02 UNIT #2-673 SWAY BAR LINK 73.49

Page 21 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 35
100 Fleet Divi 10030004-80130 20012510 11/14/2024 PERRY OF NATIONAL CITY
02 UNIT #2-786 TPMS SENSORS 163.69
100 Fleet Divi 10030004-80130 20012519 11/14/2024 FIRST CALL 06 WIPER, OIL, GLOVES,

FILTERS
229.78
100 Fleet Divi 10030004-80130 20012519 11/14/2024 FIRST CALL 06 DEF 184.77 100 Fleet Divi 10030004-80130 20012519 11/14/2024 FIRST CALL 06 RETURN -32.88 100 Fleet Divi 10030004-80130 20012519 11/14/2024 FIRST CALL 06 CREDIT RETURN WRONG PART
-47.83
100 Fleet Divi 10030004-80130 20012519 11/14/2024 FIRST CALL 04 DOOR LOCK ACTUATOR UNIT 5392

29.36 100 Fleet Divi 10030004-80130 20012519 11/14/2024 FIRST CALL 06 HITCH BALL 47.83 100 Fleet Divi 10030004-80130 20012538 11/14/2024 SAN DIEGO MOTORSPORTS, INC.
03 DIAGNOSE & REPAIR UNIT
17-26
679.45
100 Fleet Divi 10030004-80130 20012554 11/21/2024 CUMMING CHEVROLET 03 RETURNED SHOCK

ABSORBER
-273.04
100 Fleet Divi 10030004-80130 20012554 11/21/2024 CUMMING CHEVROLET 01 RIM HANDLE ROD UNIT 7-684 363.66 100 Fleet Divi 10030004-80130 20012564 11/21/2024 CORONADO HARDWARE 06 GLUE & COVER 35.54 100 Fleet Divi 10030004-80130 20012564 11/21/2024 CORONADO HARDWARE 06 BRUSHES UNIT 5-20 34.96 100 Fleet Divi 10030004-80130 20012599 11/21/2024 ASIAREP USA, INC. 04 LIGHTS 5392 201.71 100 Fleet Divi 10030004-80130 20012599 11/21/2024 ASIAREP USA, INC. 04 LIGHT ASSEMBLIES UNIT 5393
2,181.16
100 Fleet Divi 10030004-80130 20012603 11/21/2024 H BARBER & SONS INC 06 BEACH SANITIZER PARTS UNIT 14-765
855.94
100 Fleet Divi 10030004-80130 20012607 11/21/2024 TIREHUB, LLC 08 4 TIRES UNIT 1-649 351.80 100 Fleet Divi 10030004-80130 20012607 11/21/2024 TIREHUB, LLC 05 4 TIRES UNIT 9-648 351.80 100 Fleet Divi 10030004-80130 20012607 11/21/2024 TIREHUB, LLC 02 4 TIRES UNIT 2-673 539.97 100 Fleet Divi 10030004-80130 20012612 11/21/2024 PERRY MOTORS OF

NATIONAL CITY, LLC
04 5393 HUBCAP 311.59
100 Fleet Divi 10030004-80130 20012612 11/21/2024 PERRY MOTORS OF

NATIONAL CITY, LLC
04 COOLANT PARTS 584.98
100 Fleet Divi 10030004-80130 20012612 11/21/2024 PERRY MOTORS OF

NATIONAL CITY, LLC
04 5395 POWER FUSE BOX 366.14
100 Fleet Divi 10030004-80130 20012612 11/21/2024 PERRY MOTORS OF

NATIONAL CITY, LLC
04 THERMOSTAT 5393 340.52
100 Fleet Divi 10030004-80130 20012614 11/21/2024 AMAZON.COM SALES, INC 06 GEAR OIL 36.62 100 Fleet Divi 10030004-80130 20012614 11/21/2024 AMAZON.COM SALES, INC 06 LIGHT BULBS 109.26 100 Fleet Divi 10030004-80130 5005552 11/14/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
06 243-525 REEL ASSY 499.72
100 Fleet Divi 10030004-80130 5005583 11/21/2024 POWERSTRIDE BATTERY CO.,INC.
06 BATTERY UNIT 14-771 180.84
100 Fleet Divi 10030004-80130 5005583 11/21/2024 POWERSTRIDE BATTERY CO.,INC.
04 5393 BATTERY 367.26
100 Fleet Divi 10030004-80130 20012499 11/14/2024 WILLY'S ELECTRONIC SUPPLY CO. INC.
06 SMALL STOCK BATTERIES
STOCK

30.08 100 Fleet Divi 10030004-80130 20012594 11/21/2024 FIRST CALL 04 OIL 5392 197.77 100 Fleet Divi 10030004-80130 20012594 11/21/2024 FIRST CALL 06 LIGHTS 86.16 100 Fleet Divi 10030004-80130 20012594 11/21/2024 FIRST CALL 06 CLEANER, WIPERS, FILTERS 215.72

Page 22 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 36
100 Fleet Divi 10030004-80130 20012594 11/21/2024 FIRST CALL 06 FUSES 14-771 29.36 100 Fleet Divi 10030004-80130 20012594 11/21/2024 FIRST CALL 06 ADDITIVE 8-731 11.95 100 Fleet Divi 10030004-80130 20012594 11/21/2024 FIRST CALL 06 LIGHTS 14-676 14.48 100 Fleet Divi 10030004-80130 20012594 11/21/2024 FIRST CALL 06 UNIT 12-851 FILTERS 184.50 100 Fleet Divi 10030004-80130 20012594 11/21/2024 FIRST CALL 06 CLEANER, WIPERS, OIL,

FILTERS
418.11
100 Fleet Divi 10030004-80130 20012594 11/21/2024 FIRST CALL 06 POST SHIM & FILTERS 88.01 100 Fleet Divi 10030004-80130 20012594 11/21/2024 FIRST CALL 06 DEF 71.12 10030004-80130 10,650.18
100 Fleet Divi 10030004-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
01 PS Flt Copier 6.04
10030004-80131 6.04
100 Fleet Divi 10030004-80280 20012480 11/14/2024 VESTIS GROUP, INC. 01 UNIFORMS OCT 24 37.19 100 Fleet Divi 10030004-80280 20012480 11/14/2024 VESTIS GROUP, INC. 01 UNIFORMS NOV 24 37.19 10030004-80280 74.38
100 Fleet Divi 10030004-80340 20012519 11/14/2024 FIRST CALL 02 TECH TRAINING FOR 3

PERSONS IN THE SHOP
285.00
100 Fleet Divi 10030004-80340 5005552 11/14/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
01 PIRUS CAR WASJ 13.00
10030004-80340 298.00
100 Fleet Divi 10030004-80580 20012577 11/21/2024 SNAP-ON INDUSTRIAL 01 HAND TOOLS 614.25 10030004-80580 614.25
100 Fleet Divi 10030004-80650 20012551 11/14/2024 ONE-TIME VENDOR - EE REIMB
02 BOOT REIMBURSEMENT
J.CAZARES
174.98
100 Fleet Divi 10030004-80650 20012613 11/21/2024 NESTLE WATERS NORTH

AMERICA
05 WATER-FLEET-1428 120.47
10030004-80650 295.45
100 Facilities 10030005-80030 5005534 11/14/2024 M B OLIVER, INC 06 PEST CONTROL 90.00 100 Facilities 10030005-80030 5005534 11/14/2024 M B OLIVER, INC 06 PEST CONTROL 85.00 100 Facilities 10030005-80030 5005548 11/14/2024 NGS - NATURAL GAS

SYSTEMS, INC
00 NATURAL GAS 600.00
100 Facilities 10030005-80030 5005573 11/14/2024 WILLIAMS SCOTSMAN, INC.
00 PAWS OFFICE 1,695.72
100 Facilities 10030005-80030 20012515 11/14/2024 SAG ENTERPRISES

INCORPORATED
18 RESTAIN WOOD TRELLIS 59,355.30
100 Facilities 10030005-80030 20012544 11/14/2024 GRADING PLUMBING SITE CONSTRUCTION INC.
16 PLUMBING SVC CABLE JET

FLR DRAINS MARINA BAY
3,470.00

Page 23 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 37
100 Facilities 10030005-80030 20012544 11/14/2024 GRADING PLUMBING SITE CONSTRUCTION INC.
16 BACKFLOW PIPE TO

RESTROOM AT CAYS DAMAGE
REPAIR
5,339.65
100 Facilities 10030005-80030 20012544 11/14/2024 GRADING PLUMBING SITE CONSTRUCTION INC.
16 LG TOWER HQ WATER

HEATER REPLACEMENT
9,790.00
100 Facilities 10030005-80030 20012480 11/14/2024 VESTIS GROUP, INC. 01 MATS/TOWELS OCT 24 10.97 100 Facilities 10030005-80030 20012480 11/14/2024 VESTIS GROUP, INC. 01 MATS/TOWELS NOV 24 10.97 100 Facilities 10030005-80030 5005559 11/14/2024 SUPERIOR CLEANING

EQUIPMENT, INC
00 PRESSURE WASH SERVICE 150.00
10030005-80030 80,597.61
100 Facilities 10030005-80100 20012596 11/21/2024 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2024 259.07 10030005-80100 259.07
100 Facilities 10030005-80110 20012496 11/14/2024 SDG&E-(PUBLIC

SERVICES ACCT)
01 400 ALAMEDA BLVD MP 39.34
10030005-80110 39.34
100 Facilities 10030005-80130 20012490 11/14/2024 INDUSTRIAL METAL SUPPLY
01 HR STEEL FLAT 50.64
10030005-80130 50.64
100 Facilities 10030005-80131 5005569 11/14/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 4.33
100 Facilities 10030005-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 5.59
10030005-80131 9.92
100 Facilities 10030005-80132 5005536 11/14/2024 FIRE ETC 01 FIRE EXTINGUISHERS RESUPPLY 10LBS
623.76
100 Facilities 10030005-80132 20012564 11/21/2024 CORONADO HARDWARE 01 NUTS & BOLTS 3.64 100 Facilities 10030005-80132 20012564 11/21/2024 CORONADO HARDWARE 01 PLUG 5.38 100 Facilities 10030005-80132 20012564 11/21/2024 CORONADO HARDWARE 01 PUTTY KNIFE, SPACKLING 13.45 100 Facilities 10030005-80132 20012564 11/21/2024 CORONADO HARDWARE 01 MAGIC SLIDER, FELT PAD 36.61 100 Facilities 10030005-80132 20012564 11/21/2024 CORONADO HARDWARE 01 HAND TROWEL, PISTOL NOZZLE

24.22 100 Facilities 10030005-80132 20012564 11/21/2024 CORONADO HARDWARE 01 SPRAY PAINT 86.11 100 Facilities 10030005-80132 20012564 11/21/2024 CORONADO HARDWARE 01 WRECKING BAR, STUD SENSOR

84.01 100 Facilities 10030005-80132 20012564 11/21/2024 CORONADO HARDWARE 01 ALKALINE BATTERY 36.61 100 Facilities 10030005-80132 20012564 11/21/2024 CORONADO HARDWARE 01 SELF-LVL 96.96 100 Facilities 10030005-80132 20012564 11/21/2024 CORONADO HARDWARE 01 LYSOL, NUT KIT, PUTTY 84.82 100 Facilities 10030005-80132 20012564 11/21/2024 CORONADO HARDWARE 01 SUPPLIES 176.62

Page 24 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 38
100 Facilities 10030005-80132 20012564 11/21/2024 CORONADO HARDWARE 01 PLUMBING SUPPLIES 34.45 100 Facilities 10030005-80132 20012564 11/21/2024 CORONADO HARDWARE 01 PAINT SUPPLIES 71.14 100 Facilities 10030005-80132 20012489 11/14/2024 HOME DEPOT-PS#6035 3225 0056 1505
01 VEHICLE/TOOL INVENTORY 473.73
100 Facilities 10030005-80132 20012489 11/14/2024 HOME DEPOT-PS#6035 3225 0056 1505
01 LEVELING JACK 159.47
100 Facilities 10030005-80132 20012489 11/14/2024 HOME DEPOT-PS#6035 3225 0056 1505
01 INVENTORY 156.52
100 Facilities 10030005-80132 20012489 11/14/2024 HOME DEPOT-PS#6035 3225 0056 1505
01 WAREHOUSE INVENTORY 1,366.78
10030005-80132 3,534.28
100 Facilities 10030005-80280 20012480 11/14/2024 VESTIS GROUP, INC. 01 UNIFORMS OCT 24 3.99 100 Facilities 10030005-80280 20012480 11/14/2024 VESTIS GROUP, INC. 01 UNIFORMS NOV 24 3.99 10030005-80280 7.98
100 Facilities 10030005-80580 20012489 11/14/2024 HOME DEPOT-PS#6035 3225 0056 1505
01 SMALL TOOLS & INST.

STAFF
519.90
10030005-80580 519.90
100 Beach Divi 10030006-80030 20012480 11/14/2024 VESTIS GROUP, INC. 01 MATS/TOWELS OCT 24 8.54 100 Beach Divi 10030006-80030 20012480 11/14/2024 VESTIS GROUP, INC. 01 MATS/TOWELS NOV 24 8.54 10030006-80030 17.08
100 Beach Divi 10030006-80100 20012596 11/21/2024 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2024 3,220.59 10030006-80100 3,220.59
100 Beach Divi 10030006-80130 5005538 11/14/2024 BRIDGESTONE

HOSEPOWER, LLC
01 SURF RAKE REPAIRS 142.03
100 Beach Divi 10030006-80130 20012594 11/21/2024 FIRST CALL 01 BEACH DEPT BRAKE

CLEANER

91.09 10030006-80130 233.12
100 Beach Divi 10030006-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
01 PS Bch Copier 3.75
10030006-80131 3.75
100 Beach Divi 10030006-80135 20012539 11/14/2024 ECOLOGY DRUMS & TOTES
02 FIRE RINGS TRASH CANS 1,099.05
10030006-80135 1,099.05

Page 25 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 39
100 Beach Divi 10030006-80280 20012480 11/14/2024 VESTIS GROUP, INC. 01 UNIFORMS OCT 24 1.94 100 Beach Divi 10030006-80280 20012480 11/14/2024 VESTIS GROUP, INC. 01 UNIFORMS NOV 24 1.94 10030006-80280 3.88
100 Beach Divi 10030006-80650 20012502 11/14/2024 GRAINGER 05 TOW BEHINDS FOOT STAND 246.15 100 Beach Divi 10030006-80650 20012564 11/21/2024 CORONADO HARDWARE 05 SHOP TOOLS 85.10 100 Beach Divi 10030006-80650 20012583 11/21/2024 MOMAR, INC 03 GLOVES 407.20 10030006-80650 738.45
100 Engineerin 10030007-80030 20012632 11/21/2024 NATIONAL DATA &

SURVEYING SERVICES,
INC.
00 TRAFFIC COUNTS 13,865.00
10030007-80030 13,865.00
100 Engineerin 10030007-80131 5005569 11/14/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 22.42
100 Engineerin 10030007-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 23.42
10030007-80131 45.84
100 Engineerin 10030007-80650 20012530 11/14/2024 AMAZON.COM SALES, INC 02 KEYBOARD AND MOUSE 91.57 100 Engineerin 10030007-80650 20012506 11/14/2024 IPM LITHOGRAPHICS, INC 02 CUSTOM HAND STAMP 174.56 10030007-80650 266.13
100 Library De 10050000-80030 20012622 11/21/2024 EMPIRE DIGITAL SIGNS, LLC
07 DIGITAL SIGN CLOUD

HOSTING
1,031.00
10050000-80030 1,031.00
100 Library De 10050000-80100 20012596 11/21/2024 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2024 7,488.51 10050000-80100 7,488.51
100 Library De 10050000-80112 20012561 11/21/2024 CAL-AM WATER (LIBRARY ACCT.)
01 WATER 11/6-12/4 89.07
10050000-80112 89.07
100 Library De 10050000-80130 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
01 UPS SHIPPING FEES 28.38
10050000-80130 28.38

Page 26 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 40
100 Library De 10050000-80131 5005569 11/14/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 241.33
100 Library De 10050000-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
07 Library Copier 1.70
100 Library De 10050000-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 512.45
10050000-80131 755.48
100 Library De 10050000-80132 20012547 11/14/2024 NEONJUNGLESD.COM, INC.
02 NEON SIGN REPAIRS 498.00
100 Library De 10050000-80132 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
00 MISSION UPHOLSTERY

REPAIRS
775.39
10050000-80132 1,273.39
100 Library De 10050000-80210 20012582 11/21/2024 T-MOBILE 01 HOT SPOT SERVICE 294.00 10050000-80210 294.00
100 Library De 10050000-80300 5005615 11/21/2024 THE PITNEY BOWES

BANK INC
01 POSTAGE METER RENTAL 87.06
100 Library De 10050000-80300 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
07 MERCHANT FEES 205.86
10050000-80300 292.92
100 Library De 10050000-80510 5005539 11/14/2024 OCLC, INC (SERVICES) 08 E-COLLECTION 3,141.41 100 Library De 10050000-80510 5005557 11/14/2024 MIDWEST TAPE 07 AUDIOBOOKS 161.98 100 Library De 10050000-80510 5005557 11/14/2024 MIDWEST TAPE 09 DVD'S 505.09 100 Library De 10050000-80510 5005557 11/14/2024 MIDWEST TAPE 07 AUDIOBOOKS 286.13 100 Library De 10050000-80510 5005557 11/14/2024 MIDWEST TAPE 07 CD'S 16.15 100 Library De 10050000-80510 5005570 11/14/2024 AMAZON CAPITAL

SERVICES INC
02 GEN BOOKS 38.23
100 Library De 10050000-80510 5005570 11/14/2024 AMAZON CAPITAL

SERVICES INC
02 GEN BOOKS 61.35
100 Library De 10050000-80510 5005570 11/14/2024 AMAZON CAPITAL

SERVICES INC
02 GEN BOOKS 262.73
100 Library De 10050000-80510 5005570 11/14/2024 AMAZON CAPITAL

SERVICES INC
02 GEN BOOKS 146.81
100 Library De 10050000-80510 5005570 11/14/2024 AMAZON CAPITAL

SERVICES INC
03 JUV BOOKS 43.83
100 Library De 10050000-80510 5005570 11/14/2024 AMAZON CAPITAL

SERVICES INC
03 TEEN BOOKS 88.88
100 Library De 10050000-80510 5005570 11/14/2024 AMAZON CAPITAL

SERVICES INC
08 OFFICE SUPPLIES 119.87
100 Library De 10050000-80510 20012481 11/14/2024 BAKER & TAYLOR,INC. 02 GEN BOOKS 32.06 100 Library De 10050000-80510 20012481 11/14/2024 BAKER & TAYLOR,INC. 03 TEEN BOOKS 502.72 100 Library De 10050000-80510 20012481 11/14/2024 BAKER & TAYLOR,INC. 02 GEN BOOKS 218.10

Page 27 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 41
100 Library De 10050000-80510 20012481 11/14/2024 BAKER & TAYLOR,INC. 02 GEN BOOKS 1,834.09 100 Library De 10050000-80510 20012481 11/14/2024 BAKER & TAYLOR,INC. 02 GEN BOOKS 117.58 100 Library De 10050000-80510 20012481 11/14/2024 BAKER & TAYLOR,INC. 03 JUV BOOKS 94.74 100 Library De 10050000-80510 20012481 11/14/2024 BAKER & TAYLOR,INC. 03 JUV BOOKS 602.05 100 Library De 10050000-80510 20012481 11/14/2024 BAKER & TAYLOR,INC. 02 GEN BOOKS 74.76 100 Library De 10050000-80510 20012481 11/14/2024 BAKER & TAYLOR,INC. 03 JUVENILE BOOKS 13.51 100 Library De 10050000-80510 20012511 11/14/2024 THE NEW YORK TIMES 04 NEWSPAPER 1,214.79 100 Library De 10050000-80510 5005592 11/21/2024 MIDWEST TAPE 09 DVD'S 338.71 100 Library De 10050000-80510 5005592 11/21/2024 MIDWEST TAPE 09 DVD'S 27.91 100 Library De 10050000-80510 5005592 11/21/2024 MIDWEST TAPE 07 AUDIOBOOKS 53.99 100 Library De 10050000-80510 20012555 11/21/2024 BAKER & TAYLOR,INC. 02 GEN BOOKS 63.33 100 Library De 10050000-80510 20012555 11/21/2024 BAKER & TAYLOR,INC. 03 JUV BOOKS 354.99 100 Library De 10050000-80510 20012555 11/21/2024 BAKER & TAYLOR,INC. 02 GEN BOOKS 73.70 100 Library De 10050000-80510 20012555 11/21/2024 BAKER & TAYLOR,INC. 02 GEN BOOKS 722.11 100 Library De 10050000-80510 20012555 11/21/2024 BAKER & TAYLOR,INC. 02 GEN BOOKS 57.35 100 Library De 10050000-80510 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
04 MAGAZINES 12.00
100 Library De 10050000-80510 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
01 CHS YEARBOOK 83.99
100 Library De 10050000-80510 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
04 MAGAZINE - MAD 19.99
100 Library De 10050000-80510 20012508 11/14/2024 CENTER POINT LARGE PRINT
02 GEN BOOKS 215.67
100 Library De 10050000-80510 5005597 11/21/2024 CENGAGE LEARNING, INC.
02 GEN BOOKS 244.77
100 Library De 10050000-80510 5005597 11/21/2024 CENGAGE LEARNING, INC.
02 GEN BOOKS 126.02
100 Library De 10050000-80510 5005597 11/21/2024 CENGAGE LEARNING, INC.
02 GEN BOOKS 92.90
100 Library De 10050000-80510 5005597 11/21/2024 CENGAGE LEARNING, INC.
02 GEN BOOKS 58.16
10050000-80510 12,122.45
100 Library De 10050000-80630 20012480 11/14/2024 VESTIS GROUP, INC. 01 MAT SERVICE 88.87 100 Library De 10050000-80630 20012480 11/14/2024 VESTIS GROUP, INC. 01 MAT SERVICE 88.87 10050000-80630 177.74
100 Library De 10050000-80650 5005535 11/14/2024 DEMCO SUPPLY INC 08 OFFICE SUPPLIES 296.37 100 Library De 10050000-80650 5005570 11/14/2024 AMAZON CAPITAL

SERVICES INC
08 OFFICE SUPPLIES 40.77
100 Library De 10050000-80650 5005570 11/14/2024 AMAZON CAPITAL

SERVICES INC
09 COFFEE SUPPLIES 29.96

Page 28 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 42
100 Library De 10050000-80650 5005570 11/14/2024 AMAZON CAPITAL

SERVICES INC
08 OFFICE SUPPLIES 10.76
100 Library De 10050000-80650 5005608 11/21/2024 AMAZON CAPITAL

SERVICES INC
08 OFFICE SUPPLIES 16.79
100 Library De 10050000-80650 20012576 11/21/2024 IPM LITHOGRAPHICS, INC 08 OFFICE SUPPLIES 96.28 100 Library De 10050000-80650 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
10 DML SUPPLIES 499.70
100 Library De 10050000-80650 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
02 CONSTANT CONTACT 82.00
100 Library De 10050000-80650 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
08 OFFICE SUPPLIES 31.09
100 Library De 10050000-80650 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
02 APPLE MEMORY 9.99
100 Library De 10050000-80650 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
02 DML ADOBE 29.99
100 Library De 10050000-80650 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
02 OFFICE ADOBE 19.99
100 Library De 10050000-80650 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
02 DOMAINS 46.17
100 Library De 10050000-80650 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
08 ARCHIVAL SUPPLIES 513.90
100 Library De 10050000-80650 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
08 ARCHIVAL SUPPLIES 418.26
100 Library De 10050000-80650 20012621 11/21/2024 ODP BUSINESS

SOLUTIONS, LLC
08 OFFICE SUPPLIES 126.60
10050000-80650 2,268.62
101 PAYROLL FU 101-20080 20012501 11/14/2024 CALPERS LONG-TERM

CARE PROGRAM
DED: LONG-TERM CARE PPE 354.04
101-20080 354.04
101 PAYROLL FU 101-20090 5005541 11/14/2024 CORONADO POLICE OFFICERS' ASSN.

CPOA DUES 4,249.81
101 PAYROLL FU 101-20090 5005543 11/14/2024 CORONADO
FIREFIGHTERS' ASSN.

CFA DUES 2,660.65
101 PAYROLL FU 101-20090 5005544 11/14/2024 AFSCME DISTRICT COUNCIL 36
MISC P/R W/HOLDINGS 654.97
101 PAYROLL FU 101-20090 5005563 11/14/2024 MISSIONSQUARE-#803434

RHS (ICMA)
2851 - 4% 235.56
101 PAYROLL FU 101-20090 5005563 11/14/2024 MISSIONSQUARE-#803434

RHS (ICMA)
2852 - 5% 991.32
101 PAYROLL FU 101-20090 5005563 11/14/2024 MISSIONSQUARE-#803434

RHS (ICMA)
2853 - 6% 336.54
101 PAYROLL FU 101-20090 5005572 11/14/2024 TOTAL ADMINISTRATIVE

SERVICES CORP
MISC P/R W/HOLDINGS 896.33
101 PAYROLL FU 101-20090 5005572 11/14/2024 TOTAL ADMINISTRATIVE

SERVICES CORP
MISC P/R W/HOLDINGS 1,729.40
101 PAYROLL FU 101-20090 5005572 11/14/2024 TOTAL ADMINISTRATIVE

SERVICES CORP
MISC P/R W/HOLDINGS 1,549.28
101 PAYROLL FU 101-20090 5005575 11/14/2024 MISSIONSQUARE-#705950

IRA-ROTH (ICMA)
ICMA IRA-ROTH 50.00
101 PAYROLL FU 101-20090 20012500 11/14/2024 ST OF CA - FRANCHISE

TAX BOARD
Alberto Gonzalez FTB WHO 100.00
101 PAYROLL FU 101-20090 5005542 11/14/2024 MISSIONSQUARE-#300831 457 (ICMA)
457 PreTax 27,862.15

Page 29 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 43
101 PAYROLL FU 101-20090 5005542 11/14/2024 MISSIONSQUARE-#300831 457 (ICMA)
457 PreTax % 16,205.22
101 PAYROLL FU 101-20090 5005542 11/14/2024 MISSIONSQUARE-#300831 457 (ICMA)
457 PreTax CM(ER) 661.54
101 PAYROLL FU 101-20090 5005542 11/14/2024 MISSIONSQUARE-#300831 457 (ICMA)
457 Roth 2,458.04
101 PAYROLL FU 101-20090 5005542 11/14/2024 MISSIONSQUARE-#300831 457 (ICMA)
457 Roth % 1,817.58
101 PAYROLL FU 101-20090 5005545 11/14/2024 EMPLOYEE SUNSHINE FUND
MISC P/R W/HOLDINGS 117.00
101-20090 62,575.39
102 Non-Depart 10210000-80041 5005582 11/21/2024 MCDOUGAL,LOVE,BOEHM

ER,FOLEY,LYON
CARRASCO 09 CO.240 70.00
102 Non-Depart 10210000-80041 5005599 11/21/2024 BURKE, WILLIAMS &

SORENSEN, LLP
CARRASCO 09 8199-0049 77.40
102 Non-Depart 10210000-80041 5005599 11/21/2024 BURKE, WILLIAMS &

SORENSEN, LLP
PD INV 09 0006.022 779.70
102 Non-Depart 10210000-80041 5005564 11/14/2024 BURKE, WILLIAMS &

SORENSEN, LLP
MISC 09 8199-0066 143.50
102 Non-Depart 10210000-80041 5005564 11/14/2024 BURKE, WILLIAMS &

SORENSEN, LLP
JDOE V ROE SCHOOL 09
0066.010
610.20
10210000-80041 1,680.80
103 Employee B 103-14100 5005566 11/14/2024 BENEFIT & RISK

MANAGEMENT SERVICES
NOV BENEFITS-BRMS 57,753.03
103-14100 57,753.03
103 Non-Depart 10310000-70036 5005603 11/21/2024 PEAK 1 ADMINISTRATION LLC
FSA/HRA Combination Fee 930.63
10310000-70036 930.63
103 Non-Depart 10310000-80055 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD

03. HEALTH/BENE FAIR 1,485.34
103 Non-Depart 10310000-80055 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD

03. HEALTH/BENE FAIR 56.99
103 Non-Depart 10310000-80055 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD

03. HEALTH/BENE FAIR 228.41
103 Non-Depart 10310000-80055 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD

03. HEALTH/BENE FAIR 101.53
103 Non-Depart 10310000-80055 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD

03. HEALTH/BENE FAIR 84.11
10310000-80055 1,956.38
103 Non-Depart 10310000-80267 20012487 11/14/2024 EMPLOYMENT

DEVELOPMENT DEPT
EDD Unemployment Ins Qtr
093024
14,742.00
103 Non-Depart 10310000-80267 20012487 11/14/2024 EMPLOYMENT

DEVELOPMENT DEPT
EDD Unemployment Ins Qtr2
Penalty
1,221.23
10310000-80267 15,963.23

Page 30 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 44
130 Public Ser 13030000-80030 20012521 11/14/2024 CLEAN EARTH

ENVIRONMENTAL

SOLUTIONS, INC
03 HAZMAT DISPOSAL JUL 2024 25,499.76
130 Public Ser 13030000-80030 20012604 11/21/2024 MARGARET N OGLESBY 06 PERMIT COMPLIANCE 866.00 130 Public Ser 13030000-80030 20012522 11/14/2024 PATRIOT

ENVIRONMENTAL

SERVICES
04 BIO CLEANUP 3,117.71
130 Public Ser 13030000-80030 20012525 11/14/2024 MARGARET N OGLESBY 06 PERMIT COMPLIANCE 2,403.00 130 Public Ser 13030000-80030 20012525 11/14/2024 MARGARET N OGLESBY 06 PERMIT COMPLIANCE 1,172.00 13030000-80030 33,058.47
130 Public Ser 13030000-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
01 SW Copier 3.39
13030000-80131 3.39
130 Public Ser 13030000-80290 5005552 11/14/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
01 CREDIT CARD FEE 6.28
130 Public Ser 13030000-80290 5005552 11/14/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
01 2024 COMPLIANCE FEE 210.00
13030000-80290 216.28
135 Public Ser 13530000-90080 20012589 11/21/2024 AEP CALIFORNIA LLC 00 ASSET #792 COLORADO LG

OUTFITTING
15,264.93
13530000-90080 15,264.93
137 Non-Depart 13710000-90080 20012545 11/14/2024 IMPEX TECHNOLOGIES, INC.

Server Hardware, Software
Deployment & Services
19,614.06
137 Non-Depart 13710000-90080 20012545 11/14/2024 IMPEX TECHNOLOGIES, INC.

Server Hardware, Software
Deployment & Services
2,803.23
13710000-90080 22,417.29
150 Cultural A 15053000-80360 20012529 11/14/2024 JAMES T. USREY 00 BANNER BRANDING

CONSULT-HOLIDAY BANNER

STIPEND
1,000.00
15053000-80360 1,000.00
150 Cultural A 15053000-80700 20012549 11/14/2024 ONE-TIME VENDOR - CITY

MANAGER DEPT

ARTS EDUCATION

PROCLAMATION-BOOKS

99.43 150 Cultural A 15053000-80700 20012549 11/14/2024 ONE-TIME VENDOR - CITY

MANAGER DEPT

ARTS EDUCATION

PROCLAMATION-FOOD

60.00 15053000-80700 159.43
150 Cultural A 15053000-80706 20012486 11/14/2024 EAGLE NEWSPAPER LLC 01 VISUAL ARTS JDSC

CELEBRATING SENIORS
417.00
15053000-80706 417.00

Page 31 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 45
160 Recreation 160-20180 20012634 11/21/2024 ONE-TIME VENDOR -

RECREATION
00 EVENT SECURITY DEPOSIT
REFUND
200.00
160 Recreation 160-20180 20012635 11/21/2024 ONE-TIME VENDOR -

RECREATION
00 EVENT SECURITY DEPOSIT
REFUND
100.00
160 Recreation 160-20180 20012636 11/21/2024 ONE-TIME VENDOR -

RECREATION
00 EVENT SECURITY DEPOSIT
REFUND
500.00
160-20180 800.00
160 Recreation 16051101-80030 20012514 11/14/2024 SECTRAN SECURITY INC. Service for Nov 421.45 160 Recreation 16051101-80030 5005589 11/21/2024 AMBIUS (J.C. EHRLICH CO., INC.)
02 PLANTS MAINTENANCE

SERVICES

36.39 160 Recreation 16051101-80030 5005589 11/21/2024 AMBIUS (J.C. EHRLICH CO., INC.)
02 PLANTS MAINTENANCE

SERVICES
186.09
160 Recreation 16051101-80030 5005593 11/21/2024 MATCH POINT TENNIS COURTS INC.
08 OCT TENNIS COURTS

MAINTENANCE SERVICES
4,078.00
160 Recreation 16051101-80030 20012625 11/21/2024 CSG FORTE PAYMENTS, INC.
04 OCT. CC FEES 4,396.84
16051101-80030 9,118.77
160 Recreation 16051101-80056 5005614 11/21/2024 LITTLE RASCALZ SOCCER SCHOOL INC.
01 TODDLER SOCCER 08/14/24 -
09/04/24
1,120.00
160 Recreation 16051101-80056 5005614 11/21/2024 LITTLE RASCALZ SOCCER SCHOOL INC.
01 TODDLER SOCCER 08/14/24 -
09/04/24
980.00
160 Recreation 16051101-80056 5005614 11/21/2024 LITTLE RASCALZ SOCCER SCHOOL INC.
01 TODDLER SOCCER 08/14/24 -
09/04/24
1,120.00
16051101-80056 3,220.00
160 Recreation 16051101-80100 20012596 11/21/2024 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2024 855.01 16051101-80100 855.01
160 Recreation 16051101-80111 20012572 11/21/2024 SDG&E-(REC ACCT) 01 GAS 1845 STRAND WAY 09/13/24 - 10/11/24
7,850.16
16051101-80111 7,850.16
160 Recreation 16051101-80112 20012559 11/21/2024 CAL-AM WATER (RECREATION ACCOUNT)
01 1845 STRAND WY D 09/28/24
- 10/30/24
395.27
160 Recreation 16051101-80112 20012559 11/21/2024 CAL-AM WATER (RECREATION ACCOUNT)
01 1501 GLORIETTA BLVD FIRE
3 11/06/24 - 12/04/24

37.89 160 Recreation 16051101-80112 20012559 11/21/2024 CAL-AM WATER (RECREATION ACCOUNT)
03 1845 STRAND WY FIRE
11/06/24 - 12/04/24

89.07 160 Recreation 16051101-80112 20012559 11/21/2024 CAL-AM WATER (RECREATION ACCOUNT)
05 1845 STRAND WY FIRE
11/06/24 - 12/04/24

54.39 160 Recreation 16051101-80112 20012559 11/21/2024 CAL-AM WATER (RECREATION ACCOUNT)
06 1985 STRAND WY SPKLR
11/06/24 - 12/04/24
124.12
160 Recreation 16051101-80112 20012559 11/21/2024 CAL-AM WATER (RECREATION ACCOUNT)
02 1971 STRAND WY 09/28/24 -
10/30/24
395.34
160 Recreation 16051101-80112 20012559 11/21/2024 CAL-AM WATER (RECREATION ACCOUNT)
01 1845 STRAND WY C 09/28/24
- 10/30/24
2,366.32

Page 32 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 46
160 Recreation 16051101-80112 20012559 11/21/2024 CAL-AM WATER (RECREATION ACCOUNT)
01 1501 GLORIETTA BLVD
09/28/24 - 10/30/24
157.47
160 Recreation 16051101-80112 20012559 11/21/2024 CAL-AM WATER (RECREATION ACCOUNT)
01 1335 GLORIETTA 09/28/24 -
10/30/24
148.16
160 Recreation 16051101-80112 20012559 11/21/2024 CAL-AM WATER (RECREATION ACCOUNT)
01 1845 STRAND WY 09/28/24 -
10/30/24
676.23
160 Recreation 16051101-80112 20012559 11/21/2024 CAL-AM WATER (RECREATION ACCOUNT)
01 1985 STRAND WY 09/28/24 -
10/30/24
481.55
16051101-80112 4,925.81
160 Recreation 16051101-80131 5005569 11/14/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 494.92
160 Recreation 16051101-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
03 Aquatics Copier 65.39
160 Recreation 16051101-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
03 Aquatics Copier 31.45
160 Recreation 16051101-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 569.16
16051101-80131 1,160.92
160 Recreation 16051101-80350 20012565 11/21/2024 EAGLE NEWSPAPER LLC 01 OCT E&J AD 417.00 160 Recreation 16051101-80350 20012565 11/21/2024 EAGLE NEWSPAPER LLC 01 JUNE 2024 E&J AD 410.00 160 Recreation 16051101-80350 20012576 11/21/2024 IPM LITHOGRAPHICS, INC 03 BUSINESS CARDS FOR NICK PAUL
102.36
16051101-80350 929.36
160 Recreation 16051101-80590 5005581 11/21/2024 COMPLETE OFFICE LLC 02 PAPER 83.61 160 Recreation 16051101-80590 5005581 11/21/2024 COMPLETE OFFICE LLC 02 PAPER 94.71 16051101-80590 178.32
160 Recreation 16051102-80030 20012606 11/21/2024 KILGORE FITNESS

SERVICES LLC
03 FITNESS EQUIPMENT

REPAIR SERVICE
1,612.83
160 Recreation 16051102-80030 20012618 11/21/2024 LIQUID ENVIRONMENTAL

SOLUTIONS
04 GREASE TRAP DISPOSAL

SERVICE FEE
480.00
16051102-80030 2,092.83
160 Recreation 16051102-80056 5005595 11/21/2024 MELINDA EVERETT 01 USA JUMP 10/15/24 - 11/19/24 1,260.00 160 Recreation 16051102-80056 5005617 11/21/2024 CORONADO JUNIOR

ARTS LEAGUE
03 WILLY WONKA JR 9/11/24 -
12/8/24
7,052.50
16051102-80056 8,312.50
160 Recreation 16051102-80100 5005588 11/21/2024 CARLOS JANITORIAL

SERVICE
03 CARPET CLEANING @

BANQUETE ROOM
1,350.00
160 Recreation 16051102-80100 5005588 11/21/2024 CARLOS JANITORIAL

SERVICE
05 DEEP CLEANING @ CLUB
ROOM
1,350.00
160 Recreation 16051102-80100 20012596 11/21/2024 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2024 9,040.17

Page 33 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 47
16051102-80100 11,740.17
160 Recreation 16051102-80112 20012559 11/21/2024 CAL-AM WATER (RECREATION ACCOUNT)
02 1845 STRAND WY B 09/28/24
- 10/30/24
3,873.41
16051102-80112 3,873.41
160 Recreation 16051102-80635 20012593 11/21/2024 CINTAS FIRST AID & SAFETY
01 FIRST AID SUPPLIES 107.09
16051102-80635 107.09
160 Recreation 16051103-80130 20012567 11/21/2024 LINCOLN AQUATICS 01 6' GREEN & WHITE

UMBRELLA
390.67
16051103-80130 390.67
160 Recreation 16051103-80595 20012567 11/21/2024 LINCOLN AQUATICS 01 6' GREEN & WHITE

UMBRELLA

19.96 16051103-80595 19.96
160 Recreation 16051103-80605 5005610 11/21/2024 HASA INC. 01 HASACHLOR / WATER

PURIFICATION AGENTS
897.93
160 Recreation 16051103-80605 5005610 11/21/2024 HASA INC. 01 HASACHLOR / WATER

PURIFICATION AGENTS
1,056.39
160 Recreation 16051103-80605 5005587 11/21/2024 WESTAIR GASES &

EQUIPMENT

CARBON DIOXIDE / WATER

PURIFICATION AGENTS
1,318.28
160 Recreation 16051103-80605 5005587 11/21/2024 WESTAIR GASES &

EQUIPMENT
01 CYLINDER RENTAL / WATER

PURIFICATION AGENTS
1,159.93
16051103-80605 4,432.53
160 Recreation 16051103-80635 20012567 11/21/2024 LINCOLN AQUATICS 01 6' GREEN & WHITE

UMBRELLA

13.28 16051103-80635 13.28
160 Recreation 16051107-80030 5005579 11/21/2024 M B OLIVER, INC 06 RODENT & INSECT CONTROL @ JDSC
125.00
16051107-80030 125.00
160 Recreation 16051107-80056 5005604 11/21/2024 ED ROEDER 01 WATERCOLOR LESSONS 08/02/24 - 08/30/24
416.50
160 Recreation 16051107-80056 5005604 11/21/2024 ED ROEDER 01 WATERCOLOR LESSONS 10/04/24 - 10/25/24
357.00
160 Recreation 16051107-80056 20012619 11/21/2024 MARGARET STARK 01 ZUMBA GOLD 08/26/24 - 10/29/24
189.00
160 Recreation 16051107-80056 20012624 11/21/2024 VANESSA LEE WILLIAMS 01 BALLROOM DANCING CLASS 10/08/24 - 10/29/24
333.20
160 Recreation 16051107-80056 5005590 11/21/2024 ETHYANNE ANDRES 01 SENIOR STRENGTH CLINIC 10/01/24
423.50
160 Recreation 16051107-80056 5005590 11/21/2024 ETHYANNE ANDRES 01 STRETCH & RESTORE 10/01/24 - 10/31/24
1,182.30

Page 34 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 48
160 Recreation 16051107-80056 5005590 11/21/2024 ETHYANNE ANDRES 01 BALANCE & FLEXIBILITY 10/01/24 - 10/31/24
1,086.40
160 Recreation 16051107-80056 5005590 11/21/2024 ETHYANNE ANDRES 01 BALANCE & FLEXIBILITY 10/01/24 - 10/31/24
166.60
160 Recreation 16051107-80056 5005590 11/21/2024 ETHYANNE ANDRES 01 BALANCE & FLEXIBILITY 10/01/24 - 10/31/24
406.00
16051107-80056 4,560.50
160 Recreation 16051107-80100 20012596 11/21/2024 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2024 4,662.06 16051107-80100 4,662.06
180 Planning D 18040101-80041 5005599 11/21/2024 BURKE, WILLIAMS &

SORENSEN, LLP
CODE 09 8199-0002 114.80
180 Planning D 18040101-80041 5005599 11/21/2024 BURKE, WILLIAMS &

SORENSEN, LLP
CMSN GEN 09 8199-0004 103.20
180 Planning D 18040101-80041 5005599 11/21/2024 BURKE, WILLIAMS &

SORENSEN, LLP
HRC 09 8199-0007 1,109.40
180 Planning D 18040101-80041 5005599 11/21/2024 BURKE, WILLIAMS &

SORENSEN, LLP
COMM PLN 09 8199-0008 361.20
18040101-80041 1,688.60
180 Planning D 18040101-80131 5005569 11/14/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 20.31
180 Planning D 18040101-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 20.73
18040101-80131 41.04
180 Planning D 18040101-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD

05. MEMBERSHIP FOR J.

BROWN
761.74
18040101-80340 761.74
180 Planning D 18040101-80650 20012486 11/14/2024 EAGLE NEWSPAPER LLC 01. PUBLIC HEARING NOTICE - AD #1095

50.00 18040101-80650 50.00
180 Building D 18040102-80131 5005569 11/14/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 11.24
180 Building D 18040102-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
00 Bldg Copier 22.93
180 Building D 18040102-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
Monthly Charges 11.99
18040102-80131 46.16
180 Building D 18040102-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD

06. CALBO ED WEEK - HOTEL
FOR N. MARTIN
1,009.60
180 Building D 18040102-80340 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD

06. CALBO ED WEEK - HOTEL
FOR W. CURTIS
1,009.60
18040102-80340 2,019.20

Page 35 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 49
180 Building D 18040102-80650 20012580 11/21/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD

02. CALENDAR FOR BLDG

INSPECTORS

30.00 18040102-80650 30.00
201 Highway Us 20132000-80030 20012480 11/14/2024 VESTIS GROUP, INC. 01 MATS/TOWELS OCT 24 4.88 201 Highway Us 20132000-80030 20012480 11/14/2024 VESTIS GROUP, INC. 01 MATS/TOWELS NOV 24 4.88 20132000-80030 9.76
201 Highway Us 20132000-80280 20012480 11/14/2024 VESTIS GROUP, INC. 01 UNIFORMS OCT 24 10.17 201 Highway Us 20132000-80280 20012480 11/14/2024 VESTIS GROUP, INC. 01 UNIFORMS NOV 24 10.17 20132000-80280 20.34
210 Eng/Proj D 21030000-97520 5005591 11/21/2024 PSOMAS SHORES MEDIANS DESIGN OCTOBER 2024
3,094.82
21030000-97520 3,094.82
216 ART. 4 Non 21633302-80051 20012605 11/21/2024 SOLID PROPERTY

SERVICES INC
01 MTS PWR WASH NOV 2024 8,146.98
21633302-80051 8,146.98
220 Marina Ope 22054902-80030 20012575 11/21/2024 CALIFORNIA YACHT MARINA
01 MANAGEMENT FEE OCT24 3,350.00
22054902-80030 3,350.00
220 Marina Ope 22054902-80110 20012494 11/14/2024 SDG&E CITY HALL 02 ELEC OCT24 1715 STRAND WAY 200 (GBM)
254.30
220 Marina Ope 22054902-80110 20012494 11/14/2024 SDG&E CITY HALL 01 ELEC OCT24 1715 STRAND

WAY HM (ELEV SRVC GBM)
996.05
220 Marina Ope 22054902-80110 20012494 11/14/2024 SDG&E CITY HALL 02 ELEC OCT24 1715 STRAND

WAY DOCK C (GBM)
1,735.73
22054902-80110 2,986.08
240 Police Hom 24021103-80650 20012630 11/21/2024 FSOC, LLC. FIRST RESPONDER KITS 22,363.00 24021103-80650 22,363.00
400 Capital Pr 40070000-97520 5005591 11/21/2024 PSOMAS SHORES MEDIANS DESIGN OCTOBER 2024
4,413.94
40070000-97520 4,413.94

Page 36 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 50
400 Capital Pr 40070000-97540 20012534 11/14/2024 HUTH & ASSOCIATES SILVER STRAND UNDERGROUNDING JULY 24
911.43
400 Capital Pr 40070000-97540 20012534 11/14/2024 HUTH & ASSOCIATES SILVER STRAND UNDERGROUNDING OCT 2024
1,112.40
400 Capital Pr 40070000-97540 20012534 11/14/2024 HUTH & ASSOCIATES SILVER STRAND UNDERGROUNDING AUG 24
278.10
400 Capital Pr 40070000-97540 20012534 11/14/2024 HUTH & ASSOCIATES SILVER STRAND UNDERGROUNDING SEPT 2024
2,502.53
40070000-97540 4,804.46
400 Capital Pr 40070000-97630 20012534 11/14/2024 HUTH & ASSOCIATES ADELLA/YNEZ UNDERGROUNDING JULY 24
586.98
400 Capital Pr 40070000-97630 20012534 11/14/2024 HUTH & ASSOCIATES ADELLA/YNEZ UNDERGROUNDING OCT 2024
324.45
400 Capital Pr 40070000-97630 20012534 11/14/2024 HUTH & ASSOCIATES ADELLA/YNEZ UNDERGROUNDING AUG 24
741.60
400 Capital Pr 40070000-97630 20012534 11/14/2024 HUTH & ASSOCIATES ADELLA/YNEZ UNDERGROUNDING SEPT 2024
832.82
40070000-97630 2,485.85
400 Capital Pr 40070000-97930 20012523 11/14/2024 CLIENTFIRST CONSULTING GROUP.,
LLC.

Project Coordination 7,177.50
400 Capital Pr 40070000-97930 20012523 11/14/2024 CLIENTFIRST CONSULTING GROUP.,
LLC.

Project Coordination 7,972.50
40070000-97930 15,150.00
400 Capital Pr 40070000-98020 20012534 11/14/2024 HUTH & ASSOCIATES FIRST STREET UNDERGROUNDING JULY 24
216.54
400 Capital Pr 40070000-98020 20012534 11/14/2024 HUTH & ASSOCIATES FIRST STREET UNDERGROUNDING OCT 2024
1,668.60
400 Capital Pr 40070000-98020 20012534 11/14/2024 HUTH & ASSOCIATES FIRST STREET UNDERGROUNDING AUG 24
185.40
400 Capital Pr 40070000-98020 20012534 11/14/2024 HUTH & ASSOCIATES FIRST STREET UNDERGROUNDING SEPT 2024
882.50
40070000-98020 2,953.04
410 Capital Pr 41070000-98987 5005571 11/14/2024 MICHAEL BAKER INTERNATIONAL, INC.

AQUATIC POOL DECK AND

PLASTER REHAB JULY SVCS
5,657.00
41070000-98987 5,657.00
610 W/W Projec 61071000-97220 5005611 11/21/2024 JENNETTE COMPANY, INC

POINT PUMP STATION OCT
SVCS
22,325.00
61071000-97220 22,325.00
610 W/W Projec 61071000-97770 5005553 11/14/2024 HARRIS & ASSOCIATES, INC

PARKER PUMP STATION SEPT
SVCS
74,728.82
610 W/W Projec 61071000-97770 5005556 11/14/2024 PSOMAS PARKER PUMP STATION SEPT SVCS
8,575.00

Page 37 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 51
610 W/W Projec 61071000-97770 20012507 11/14/2024 NINYO & MOORE, INC PARKER PUMP STATION SEPT SVCS
20,354.00
610 W/W Projec 61071000-97770 5005613 11/21/2024 J.R. FILANC

CONSTRUCTION
COMPANY INC.

PARKER PUMP STATION SEPT
2024
262,508.82
61071000-97770 366,166.64
610 W/W Operat 61081000-80030 5005605 11/21/2024 EWT HOLDINGS III CORP 13 CAYS PS BIOX 9/27/24 4,941.90 610 W/W Operat 61081000-80030 5005605 11/21/2024 EWT HOLDINGS III CORP 13 PS 307B BIOX 9/2724 1,130.41 610 W/W Operat 61081000-80030 20012574 11/21/2024 AFFORDABLE PIPELINE

SERVICES
04 SNACK BAR GREASE TRAP
SVC

95.00 610 W/W Operat 61081000-80030 5005568 11/14/2024 EWT HOLDINGS III CORP 13 CAYS PS SVC/EQUIP/VAP OCT 2024
2,309.09
610 W/W Operat 61081000-80030 5005568 11/14/2024 EWT HOLDINGS III CORP 13 PS B BIOXIDE 11/4/24 2,442.51 610 W/W Operat 61081000-80030 5005568 11/14/2024 EWT HOLDINGS III CORP 13 PS B SVC/EQUIP OCT 2024 1,797.27 610 W/W Operat 61081000-80030 5005568 11/14/2024 EWT HOLDINGS III CORP 13 CSTL CAMPUS SVC/EQUIP/VAP OCT 2024
2,195.67
610 W/W Operat 61081000-80030 5005568 11/14/2024 EWT HOLDINGS III CORP 13 PS 1250 SVC/EQUIP/VAPOR OCT 2024
2,175.48
610 W/W Operat 61081000-80030 5005568 11/14/2024 EWT HOLDINGS III CORP 13 PS 307B SVC/EQUIP/VAP OCT 2024
2,175.48
610 W/W Operat 61081000-80030 5005568 11/14/2024 EWT HOLDINGS III CORP 13 PS 356C SVC/EQUIP OCT 2024
1,797.27
610 W/W Operat 61081000-80030 5005568 11/14/2024 EWT HOLDINGS III CORP 13 CAYS PS BIOXIDE 11/4/24 6,180.97 610 W/W Operat 61081000-80030 20012480 11/14/2024 VESTIS GROUP, INC. 01 MATS/TOWELS OCT 24 36.58 610 W/W Operat 61081000-80030 20012480 11/14/2024 VESTIS GROUP, INC. 01 MATS/TOWELS NOV 24 36.58 61081000-80030 27,314.21
610 W/W Operat 61081000-80055 20012509 11/14/2024 UNITED FASTENER INC 01 PARKER BOLTS 86.20 61081000-80055 86.20
610 W/W Operat 61081000-80100 20012596 11/21/2024 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2024 402.89 61081000-80100 402.89
610 W/W Operat 61081000-80110 20012496 11/14/2024 SDG&E-(PUBLIC

SERVICES ACCT)
01 100 CORONADO CAYS BLVD 1,330.23
610 W/W Operat 61081000-80110 20012496 11/14/2024 SDG&E-(PUBLIC

SERVICES ACCT)
01 1981 STRAND WAY 5,048.61
610 W/W Operat 61081000-80110 20012496 11/14/2024 SDG&E-(PUBLIC

SERVICES ACCT)
01 ELEC 9/13-10/11/24 4,579.10
61081000-80110 10,957.94
610 W/W Operat 61081000-80112 20012560 11/21/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 HYDRANT METER 594.72
610 W/W Operat 61081000-80112 20012560 11/21/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 101 B AVE 397.93

Page 38 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 52
610 W/W Operat 61081000-80112 20012560 11/21/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 1201 1/2 FIRST ST 1,945.00
610 W/W Operat 61081000-80112 20012560 11/21/2024 CAL-AM WATER (PUBLIC

SERVICES ACCT)
01 HYDRANT METER 8 2,622.10
61081000-80112 5,559.75
610 W/W Operat 61081000-80120 20012602 11/21/2024 XYLEM DEWATERING SOLUTIONS, INC.
01 RENTAL 10/15-11/11/2024 4,053.10
61081000-80120 4,053.10
610 W/W Operat 61081000-80130 20012591 11/21/2024 AMERICAN TIRE DISTRIBUTORS, INC.
00 TIRES UNIT 6-687 723.40
610 W/W Operat 61081000-80130 20012591 11/21/2024 AMERICAN TIRE DISTRIBUTORS, INC.
00 TIRES UNIT 6-687 723.40
610 W/W Operat 61081000-80130 5005552 11/14/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
06 WORK PANTS JOSE G. 430.92
610 W/W Operat 61081000-80130 20012594 11/21/2024 FIRST CALL 00 VALVES 6-2 6-687 54.31 610 W/W Operat 61081000-80130 20012594 11/21/2024 FIRST CALL 01 DEF 124.45 61081000-80130 2,056.48
610 W/W Operat 61081000-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
01 Wstwtr Copier 35.62
61081000-80131 35.62
610 W/W Operat 61081000-80132 20012564 11/21/2024 CORONADO HARDWARE 01 WOOD FOR SHELVES 4TH &

ALAMEDA

48.46 610 W/W Operat 61081000-80132 20012489 11/14/2024 HOME DEPOT-PS#6035 3225 0056 1505
01 SHELVING FOR 4TH &

ALAMEDA
931.94
61081000-80132 980.40
610 W/W Operat 61081000-80210 20012584 11/21/2024 SSD SYSTEMS 02 RECURRING SVCS 12/24- 02/25
3,765.96
610 W/W Operat 61081000-80210 20012595 11/21/2024 AT&T (CALNET 3) 02 9391063130 LG WWO 31.14 610 W/W Operat 61081000-80210 20012595 11/21/2024 AT&T (CALNET 3) 01 9391033613 WWO 30.83 61081000-80210 3,827.93
610 W/W Operat 61081000-80280 20012480 11/14/2024 VESTIS GROUP, INC. 01 UNIFORMS OCT 24 6.06 610 W/W Operat 61081000-80280 20012480 11/14/2024 VESTIS GROUP, INC. 01 UNIFORMS NOV 24 6.06 61081000-80280 12.12
610 W/W Operat 61081000-80340 20012482 11/14/2024 CWEA 02 CERT RENEW K.DUHALA 53591
111.00
610 W/W Operat 61081000-80340 5005552 11/14/2024 US BANK (IMPAC GOVT

SRVCS/CAL-CARD
02 TRAINING K.GODBY 299.00

Page 39 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 53
610 W/W Operat 61081000-80340 20012556 11/21/2024 CWEA 02 32696 J. RAMIREZ CERT

RENEWAL
227.00
61081000-80340 637.00
610 W/W Operat 61081000-80530 20012583 11/21/2024 MOMAR, INC 01 ODOR CONTROL 1,093.63 61081000-80530 1,093.63
610 W/W Operat 61081000-80575 20012485 11/14/2024 CORONADO LOCK AND KEY
01 KEYS PS WWO

GENERATORS

38.79 61081000-80575 38.79
610 W/W Operat 61081000-80580 20012614 11/21/2024 AMAZON.COM SALES, INC 01 LANTERN 253.58 61081000-80580 253.58
610 W/W Operat 61081000-80650 5005598 11/21/2024 BOOT WORLD INC./KM SHOES
04 BOOTS - JASON SEVIER 169.66
61081000-80650 169.66
610 W/W Operat 61081000-90055 20012509 11/14/2024 UNITED FASTENER INC 01 PARKER BOLTS 25.86 610 W/W Operat 61081000-90055 20012564 11/21/2024 CORONADO HARDWARE 01 CAULK, HOSE 130.32 610 W/W Operat 61081000-90055 20012564 11/21/2024 CORONADO HARDWARE 01 HOSE, PIPE STRAPS,

DRYWALL

45.36 61081000-90055 201.54
620 G/C Operat 62082000-70032 5005598 11/21/2024 BOOT WORLD INC./KM SHOES
01 BOOTS FOR FIDEL S. & ERIC
S.
347.22
62082000-70032 347.22
620 G/C Operat 62082000-70033 20012553 11/21/2024 VESTIS GROUP, INC. 01 UNIFORM SERVICES 151.87 620 G/C Operat 62082000-70033 20012553 11/21/2024 VESTIS GROUP, INC. 01 UNIFORM SERVICES 151.87 62082000-70033 303.74
620 G/C Operat 62082000-80030 5005589 11/21/2024 AMBIUS (J.C. EHRLICH CO., INC.)
01 PLANTS MAINTENANCE

SERVICE
566.44
62082000-80030 566.44
620 G/C Operat 62082000-80055 5005588 11/21/2024 CARLOS JANITORIAL

SERVICE
05 JANITORIAL SERVICES 910.00
62082000-80055 910.00

Page 40 of 42 ends

FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 54
620 G/C Operat 62082000-80120 5005574 11/14/2024 FORD MOTOR COMPANY TRUCK LEASE NOV 2024 824.16 62082000-80120 824.16
620 G/C Operat 62082000-80131 5005606 11/21/2024 AIS - ADVANCED IMAGING

STRATEGIES
01 Golf Copier 8.40
620 G/C Operat 62082000-80131 20012579 11/21/2024 THE TORO COMPANY 01 IRRIGATION COMPUTER 250.00 62082000-80131 258.40
620 G/C Operat 62082000-80134 20012598 11/21/2024 SITEONE LANDSCAPE

SUPPLY HOLDING
03 IRRIGATION SUPPLIES 612.15
62082000-80134 612.15
620 G/C Operat 62082000-80210 20012615 11/21/2024 CHARTER

COMMUNICATIONS

HOLDINGS, LLC
02 1845 STRAND WAY GOLF
PHONE 11/01/24 - 11/30/24
658.50
62082000-80210 658.50
620 G/C Operat 62082000-80570 5005580 11/21/2024 ARIZONA MACHINERY LLC
01 PARTS FOR EQUIPMENT
REPAIR
170.40
62082000-80570 170.40
620 G/C Operat 62082000-80575 20012617 11/21/2024 HARRELL'S, INC 02 EOP FUNGICIDE 5,302.60 62082000-80575 5,302.60
620 G/C Operat 62082000-80577 20012617 11/21/2024 HARRELL'S, INC 04 ORGANIC FOR TEE MIX 871.92 62082000-80577 871.92
620 G/C Operat 62082000-80620 20012598 11/21/2024 SITEONE LANDSCAPE

SUPPLY HOLDING
01 MISC SUPPLIES 32.97
62082000-80620 32.97
630 S/D Operat 63083301-80100 20012596 11/21/2024 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2024 46.84 63083301-80100 46.84
630 S/D Operat 63083301-80130 20012610 11/21/2024 UNITED ROTARY BRUSH

CORPORATION
02 BROOMS 895.45
63083301-80130 895.45

Page 41 of 42 ends

FUND BUDGET UNITACCOUNT
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NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 55
630 S/D Operat 63083301-80210 20012578 11/21/2024 AT&T 01 HIGHWATER PERIOD 05 32.12 63083301-80210 32.12
820 Redev Obli 82079000-91300 90005655 11/14/2024 US BANK FY25 Bank Fee - 2018 TARB 2,500.00 820 Redev Obli 82079000-91300 90005655 11/14/2024 US BANK CDSA Loan Rpmt Fee 2,675.00 82079000-91300 5,175.00

Page 42 of 42 ends

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NUMBER
CHECK
DATE

NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 3, 2024
City of Coronado Page 56

CITY COUNCIL STAFF REPORT

December 3, 2024 5c.

RESOLUTION TO EXTEND A LOCAL EMERGENCY DECLARATION DUE TO THE

DISCOVERY OF CAULERPA PROLIFERA IN THE CORONADO CAYS
RECOMMENDATION:

Adopt the Resolution to extend a local emergency declaration due to the discovery of Caulerpa prolifera.

BACKGROUND:

On September 21, 2023, an approximately 24 square meter patch of Caulerpa prolifera was discovered growing underneath and adjacent to boat docks along the eastern edge of Antigua Village within the Unified Port of San Diego’s (Port) jurisdictional waters of the Coronado Cays during pre-construction underwater surveys associated with the Antigua Village Dock Replacement project. Surveys conducted subsequent to the initial discovery have revealed approximately 0.25-acres of additional Caulerpa prolifera infestations on the north side of Antiqua Village and within City of Coronado jurisdictional waters.

Caulerpa prolifera can expand aggressively if left untreated and displace native habitats including the 1,900 acres of eelgrass habitat in South San Diego Bay. Any impacts to eelgrass could threaten numerous other species including 70 different fish species and 60-80 federally listed green sea turtles that rely on eelgrass as foraging and resting habitat.

The threat to sensitive marine habitats and species posed by Caulerpa prolifera prompted the City of Coronado and the Port to declare local emergencies in November 2023. The emergency declarations also satisfied conditions necessary to access state and federal grant funding to complete additional underwater surveys and initiate eradication efforts. Pursuant to state law, the City’s local emergency declaration will expire on December 14, 2024 unless extended by the City Council.

ANALYSIS:

City staff has continued to work with partner agencies and stakeholders as part of the Southern California Caulerpa Action Team (SCCAT) to identify funding opportunities and to develop an eradication plan. Since the November 2023 City Council emergency declaration, a total of $850,000 in grant funding has been secured, including a $500,000 allocation from the State Water Resources Control Board (SWRCB) Cleanup and Abatement Account and $350,000 from the U.S. Fish and Wildlife Invasive Species Grant Program. While these grant awards are significant and will allow additional surveys and initiation of eradication efforts, it is anticipated that the total project cost will exceed $1.2 million and could escalate if additional areas of infestation are identified.

Extending the local emergency declaration would allow the City and partner agencies to continue to pursue other sources of grant funding while also recognizing that the Caulerpa infestation in City waters remains a threat until it is successfully treated and eradicated.

City of Coronado Page 57
FISCAL IMPACT:

None.

ALTERNATIVE:

The City Council may choose not to extend the local emergency declaration.

CALIFORNIA ENVIRONMENTAL QUALITY ACT:

Categorically Exempt per California Environmental Quality Act (CEQA) Guidelines; Class 7, Actions by Regulatory Agencies for Protection of Natural Resources.

PUBLIC NOTICE:

No notice required.

ATTACHMENTS:

1. Resolution No. 2024-68
Submitted By: Community Development Department / Richard Grunow City of Coronado Page 58
Attachment 1
RESOLUTION NO. 2024-68

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

CORONADO, CALIFORNIA, EXTENDING A DECLARATION OF

A LOCAL EMERGENCY DUE TO THE DISCOVERY OF

CAULERPA PROLIFERA IN THE CORONADO CAYS AND

DETERMINING THAT THE PROJECT IS CATEGORICALLY

EXEMPT UNDER CALIFORNIA ENVIRONMENTAL QUALITY
ACT GUIDELINES SECTION 15307
WHEREAS, the California Emergency Services Act, including but not limited to Government Code section 8630 and Coronado Municipal Code Chapter 2.50, empowers the City Council to proclaim the existence or threat of a local emergency; and WHEREAS, on Thursday, September 21, 2023, an approximately 24-square-meter patch of Caulerpa prolifera was discovered growing underneath and adjacent to boat docks along the eastern edge of Antigua Village within Unified Port of San Diego jurisdictional waters in the Coronado Cays, and subsequent surveys have revealed additional infestations within City of Coronado jurisdictional waters; and
WHEREAS, while Caulerpa prolifera is not harmful to humans, it is highly invasive with the ability to rapidly expand and harm native habits and sensitive native species; and WHEREAS, South San Diego Bay is home to 1,900 acres of eelgrass which could be overgrown and displaced by Caulerpa and impact the Bay’s 70 fish species and 60-80 threatened green sea turtles which reside in or forage on eelgrass; and WHEREAS, since the discovery, staff has been working diligently with the Southern California Caulerpa Action Team (SCCAT) consisting of state and federal agencies to develop and implement an immediate response plan to prevent further infestation of this algae; and WHEREAS, on October 9, 2023, the infestation of Caulerpa prolifera found in the Coronado Cays within Port jurisdiction, was treated by the placement of a benthic barrier to prevent the spread of the algae; and
WHEREAS, additional Caulerpa prolifera surveys were conducted from October 6 through October 25, 2023, which identified additional Caulerpa prolifera infestations within City jurisdictional waters in the Coronado Cays; and
City of Coronado Page 59
Attachment 1
WHEREAS, significant funding will be required to determine the extent of the Caulerpa prolifera infestation in San Diego Bay and for the eradication of the Caulerpa prolifera found to date; and
WHEREAS, the State Water Resources Control Board (SWRCB) Cleanup and Abatement Account has up to $500,000 in funds to support the eradication efforts and the additional surveys that are required to determine the extent of the algae infestation; and WHEREAS, City staff has been informed that a local emergency declaration is required in order to secure funding through the SWRCB Cleanup and Abatement Account; and WHEREAS, The Coronado City Council adopted a Resolution to Declare a Local Emergency on November 21, 2023 and subsequently adopted additional 60-day extensions due to the ongoing infestations on January 16, 2024, March 5, 2024, April 16, 2024, June 6, 2024; July 16, 2024, September 3, 2024, and October 15, 2024; and WHEREAS, The Emergency Declaration is set to expire on December 14, 2024 unless further extended by the City Council; and
WHEREAS, The Caulerpa prolifera infestation in City waters will continue to pose a threat to sensitive marine habitats and species until eradication efforts have been successfully completed; and
WHEREAS, based on the facts recited hereinabove and detailed in the corresponding agenda report, the existing and threatened conditions to cause extreme peril to the safety of property within the City’s jurisdiction caused by Caulerpa prolifera; the existing and threatened conditions are, or are likely to be, beyond the control of the services, personnel, equipment, and facilities of the City, and may require the supplemental efforts and available resources of other local government entities, the state and/or federal government, and/or disaster relief organizations to help alleviate the damage, loss, hardship, or suffering caused thereby.

NOW, THEREFORE, BE IT RESOLVED that a local emergency now exists based on the discovery of invasive Caulerpa prolifera algae in Coronado Cays waterways; and BE IT FURTHER RESOLVED that the City Council of the City of Coronado hereby determines that this activity is categorically exempt from environmental review pursuant to Section 15307 of the California Environmental Quality Act Guidelines, Class 7 because the project consists of actions taken by regulatory agencies as authorized by state law or local ordinance to assure the maintenance, restoration, or enhancement of a natural resource where the regulatory process involves procedures for protection of the environment; and City of Coronado Page 60
Attachment 1
BE IT FURTHER RESOLVED that during the existence of said local emergency the powers, functions, and duties of the emergency organization of this City shall be those prescribed by state law, ordinances, and resolutions of this City, and approved plans of the City of Coronado in order to mitigate the effects of this local emergency, including the receipt, processing, and coordination of all inquiries and requirements necessary to obtain available state and federal assistance.

PASSED, ADOPTED, AND APPROVED by the City Council of the City of Coronado, California, at a regular meeting thereof this third day of December 2024 by the following vote to wit:

AYES:

NAYS:

ABSTAIN:

ABSENT:

APPROVED:
____________________________________
RICHARD BAILEY, Mayor of the
City of Coronado, California
ATTEST:
__________________________________
KELSEA HOLIAN, City Clerk of the
City of Coronado, California
City of Coronado Page 61

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City of Coronado Page 62

CITY COUNCIL STAFF REPORT

December 3, 2024 5d.

SECOND READING AND ADOPTION OF ORDINANCE 2024-11 ADJUSTING THE MONTHLY

SALARY OF THE MAYOR AND CITY COUNCIL AS AUTHORIZED BY GOVERNMENT CODE SECTIONS 36516, 35516.1 AND 36516.5
RECOMMENDATION:

Conduct the second reading and adopt Ordinance 2024-11 to adjust the monthly salary paid to the Mayor and Members of the City Council effective after the new term of office from the November 2024 election commences.

BACKGROUND:

The monthly salary for each Councilmember and the Mayor is $913.50. The City Council last adjusted the monthly salaries in 2018 to this amount, and the salaries became effective after the November 2018 election. The last increase prior to 2018 was in 1996.

Under state law governing General Law cities, the City Council may adjust Councilmember salaries in three ways: to the amount of $950 per month, as established under SB 329 for cities with populations up to 35,000; to an amount with an increase equal to 5 percent for each calendar year from the date of the last increase; or, to an amount adjusted by the rate of inflation since January 1, 2024, but not exceeding 10 percent, based upon the California Consumer Price Index.

ANALYSIS:

The item before the City Council is adoption of an ordinance to increase the monthly salary for the Mayor and Councilmembers. The ordinance applies the same methodology as used in the 2018 salary adjustment: calculating 5 percent per year since the last increase. Using this traditional method, five percent of $913.50 is $45.68. Six years have passed since the last adjustment became operative in December 2018. Thus, the calculation yields an increase of $274.00 ($45.68 x 6 = $274.00) for a maximum total monthly salary of $1,187.50 ($913.15 + $274.00).

Per Government Code section 36516.5, a change in compensation does not apply to an elected official during their term in office. However, the compensation of all members of a City Council serving staggered terms can be adjusted by virtue of the beginning of a new term of office for a single member. Therefore, any approved salary increase will not take place until the new terms begin in December 2018.

Attached for adoption is an ordinance amending Coronado Municipal Code (CMC) sections

2.02.030 and 2.03.030 to reflect an increase for the salaries of each of the members of the City Council from $913.50 to $1,187.50 per month, to take effect after a new term of office commences in December 2024.

FISCAL IMPACT:

The 2024-25 FY Budget has sufficient funds to absorb the contemplated increases.

City of Coronado Page 63
ALTERNATIVE:

The City Council could elect to not adopt the ordinance and provide additional direction.

CALIFORNIA ENVIRONMENTAL QUALITY ACT:

Not a project under CEQA.

PUBLIC NOTICE:

In lieu of publication of the ordinance in its entirety, the City Clerk will publish a summary of the ordinance a minimum of five days prior to adoption, and again within 15 days after adoption of the ordinance.

ATTACHMENTS:

1. Ordinance 2024-11
Submitted By: City Attorney's Office / Johanna N Canlas City of Coronado Page 64
Attachment 1
ORDINANCE NO. 2024-11

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
CORONADO, CALIFORNIA, AMENDING TITLE 2, CHAPTERS 2.02
AND 2.03 OF THE CORONADO MUNICIPAL CODE BY THE
AMENDMENT OF SECTION 2.02.030 TO ADJUST THE AMOUNT

OF MONTHLY SALARY PAID TO THE MEMBERS OF THE CITY
COUNCIL, AND AMENDMENT OF SECTION 2.03.030 TO ADJUST

THE AMOUNT OF MONTHLY SALARY PAID TO THE MAYOR, AS
AUTHORIZED BY GOVERNMENT CODE SECTIONS 36516,
36516.1, AND 36516.5
WHEREAS, Section 2.02.030 of the Coronado Municipal Code sets forth the salary for each member of the City Council of the City of Coronado (City Council); and WHEREAS, Section 2.03.030 of the Coronado Municipal Code sets forth the salary for the Mayor of the City of Coronado (Mayor); and WHEREAS, the City Council has previously established the salary of both the Mayor and the City Council at $913.50 per month, pursuant to the applicable statutory formula; and
WHEREAS, the City Council has not increased the amount of monthly compensation paid to its members and the Mayor since 2018, which increase became operative in December 2018, and now desires to provide a salary increase as authorized by law.

NOW, THEREFORE, the City Council of the City of Coronado, California, does ordain as follows:

Section 1. Title 2, Chapter 2.02, Section 2.02.030.A is amended to read as follows:

A. Each Councilmember shall be entitled to a salary in the amount of $913.50 $1,187.50 per month.

Section 2. Title 2, Chapter 2.03, Section 2.03.030.A is amended to read as follows:

A. The Mayor shall be entitled to a salary in the amount of $913.50 $1,187.50 per month.

City of Coronado Page 65
Attachment 1
Section 3. Severability. If any section, subsection, subdivision, paragraph, sentence, clause or phrase of this Chapter, or its application to any person or circumstance, is for any reason held to be invalid or unenforceable, such invalidity or unenforceability shall not affect the validity or enforceability of the remaining sections, subsections, subdivisions, paragraphs, sentences, clauses or phrases of this Chapter, or its application to any other person or circumstance. The City Council declares that it would have adopted each section, subsection, subdivision, paragraph, sentence, clause or phrase hereof, irrespective of the fact that any one or more other sections, subsections, subdivisions, paragraphs, sentences, clauses or phrases hereof be declared invalid or unenforceable.

EFFECTIVE DATE: This Ordinance shall be effective after the new City Council and Mayoral terms commence on December 17, 2024. Within fifteen (15) days after its adoption, the City Clerk of the City of Coronado shall cause this ordinance published pursuant to the provisions of Government Code Section 36933.

INTRODUCED AND FIRST READ at a regular meeting of the City Council of the City of Coronado, California, on November 19, 2024; and
PASSED, ADOPTED, AND APPROVED by the City Council of the City of Coronado at a regular meeting thereof this December 3, 2024, by the following vote to wit:

AYES:

NAYS:

ABSTAIN:

ABSENT:

APPROVED:

RICHARD BAILEY, Mayor of the
City of Coronado, California
ATTEST:

KELSEA HOLIAN, City Clerk of
the City of Coronado, California
City of Coronado Page 66
Attachment 1
*****

STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO :
ss. CITY OF CORONADO )
I, Kelsea Holian, City Clerk of the City of Coronado, hereby certify that the foregoing ORDINANCE NO. 2024-11 passed at the regular meeting of the City Council of the City of Coronado held on December 3, 2024, after having been read at the regular meeting of said City Council held on November 19, 2024.

KELSEA HOLIAN, City Clerk
of the City of Coronado,
California
ORDINANCE NO. 2024-11
City of Coronado Page 67

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City of Coronado Page 68

CITY COUNCIL STAFF REPORT

December 3, 2024 5e.

SECOND READING AND ADOPTION OF ORDINANCE 2024-09 AMENDING CORONADO MUNICIPAL CODE CHAPTER 2.08 REGARDING EXECUTIVE POSITIONS RECOMMENDATION:

Conduct the second reading and adopt Ordinance 2024-10 to amend Coronado Municipal Code Chapter 2.08, Sections 2.08.010 through 2.08.180 regarding executive positions.

BACKGROUND:

Chapter 2.08 (Sections 2.08.010 through 2.08.180) of the Coronado Municipal Code sets forth the City’s executive positions, specifying employees of the City who are at-will and who are appointed by and serve at the pleasure of the City Manager.

ANALYSIS:

Under the current Chapter 2.08, some of the listed executive positions are inaccurate or unnecessary as the position titles have been renamed or the position is no longer active. Further, the current Chapter 2.08 has redundancies regarding each executive position’s qualifications and duties. Finally, the current Chapter 2.08 provides that employees are due a lump sum payment regardless of whether they are released from City employment with cause. The amendments to Chapter 2.08 make corrections to align the executive positions with the City’s current practices, delete redundancies, and provide a lump sum payment to an employee only when they are released without cause from City employment and if the employee agrees to sign an irrevocable waiver of claims against the City. Under the amendments, Chapter 2.08 will be shortened and renumbered to Sections 2.08.010 through 2.08.060.

FISCAL IMPACT:

There is no fiscal impact.

ALTERNATIVE:

The City Council could elect to not adopt the ordinance and provide additional direction.

CALIFORNIA ENVIRONMENTAL QUALITY ACT:

Not a project under CEQA.

PUBLIC NOTICE:

ATTACHMENTS:

1. Ordinance 2024-10
Submitted By: City Manager's Office / Tina Friend
City of Coronado Page 69
Attachment 1
4880-0181-4774 v1
ORDINANCE NO. 2024-10

AN ORDINANCE OF THE CITY COUNCIL OF THE

CITY OF CORONADO, CALIFORNIA, AMENDING
AND RENUMBERING TITLE 2, CHAPTER 2.08,
SECTIONS 2.08.010 THROUGH 2.08.060 AND
DELETING SECTIONS 2.08.070 THROUGH 2.08.180

OF THE CORONADO MUNICIPAL CODE
REGARDING EXECUTIVE POSITIONS.

WHEREAS, Title 2, Chapter 2.08, Sections 2.08.010 through 2.08.180 of the Municipal Code sets forth the City’s executive positions, specifying employees of the City who are at-will and who are appointed by and serve at the pleasure of the City Manager; and WHEREAS, under the current Chapter 2.08 of the Municipal Code, some of the listed executive positions are inaccurate as the position titles have been renamed or the listing of the position in the Municipal Code is unnecessary because the position is no longer active; and
WHEREAS, the current Chapter 2.08 of the Municipal Code has redundancies regarding the qualifications and duties of each executive position; and WHEREAS, the current Chapter 2.08 of the Municipal Code provides that executive employees are due a lump sum payment regardless of whether they are released from City employment with or without cause; and
WHEREAS, staff is proposing revising Chapter 2.08 of the Municipal Code to align the executive positions with the City’s current practices and reflect active positions, delete redundancies within the Chapter regarding the qualifications and duties of each executive position, and provide a lump sum payment to an employee only when they are released without cause and if the employee agrees to sign an irrevocable waiver of claims against the City.

NOW THEREFORE, the City Council of the City of Coronado, California, DOES HEREBY ORDAIN as follows:

SECTION 1.

All of the above statements are true and incorporated herein.

City of Coronado Page 70
Attachment 1
4880-0181-4774 v1
SECTION 2.

Title 2, Chapter 2.08, Section 2.08.010, of Coronado Municipal Code is hereby amended to read as follows (underlines are additions and strikeouts are deletions):

2.08.010 Executive positions.

The following executive positions are established, each of which shall have the duties, responsibilities and authority necessary for the performance of the position, to include, without limitation, the authority to appoint, promote, remove terminate, or demote any employee who works for such executive:

A. Assistant City Manager;
B. Director of Administrative Services;
C. Director of Engineering and Project Development;
CD. Fire Chief Director of Fire Services;
DE. Director of Community Development, Redevelopment and Housing Services;
EF. Police Chief Director of Police Services;
FG. Director of Public Services and Engineering;
GH. Director of Recreational Services Recreation and Golf Services; I. Director of Golf Course Operations;
HJ. City Clerk; and
K. Executive Assistant to the City Manager; and
IL. Director of Library Services.

Title 2, Chapter 2.08, Section 2.08.020, of Coronado Municipal Code is hereby amended to read as follows (underlines are additions and strikeouts are deletions):

2.08.020 Appointment/removal of executives.

The City Manager is authorized to appoint, promote, terminate dismiss, and demote all executives.

City of Coronado Page 71
Attachment 1
4880-0181-4774 v1
Title 2, Chapter 2.08, Section 2.08.050, of Coronado Municipal Code is hereby amended to read as follows (underlines are additions and strikeouts are deletions):

2.08.050 Qualifications and Responsibilities.

Executives shall be responsible for performing the functions of their position and shall be qualified through education, training, and experience as specified by State law, this code, and the position classification. Executives shall also perform further duties or functions as the City Manager may, from time to time, prescribe.

Title 2, Chapter 2.08, Section 2.08.050 of Coronado Municipal Code will be renumbered to Section 2.08.060 and is hereby amended to read as follows (underlines are additions and strikeouts are deletions):

2.08.0650 Service at pleasure.

A. Every executive is at-will and serves at the pleasure of the City Manager and such employment status may be terminated by the City Manager with or without a specification of cause, in accordance with this section.

B. The City Manager may deliver to an executive a written notice dated as of the date of delivery to the executive that the executive’s services shall no longer be required as of a specified date of termination, which shall be no sooner than 90 days from the date of delivery of the notice.

C. For a termination without cause, Uupon the date of termination, the executive shall be entitled to a lump sum final payment equal to six three months’ baseic pay, in exchange for the executive executing an irrevocable waiver of claims against the City, in a form acceptable to the City Manager. The executive will also be entitled to in addition any compensation accrued up to the date of termination, and other benefits and payments as may be required by law. any other entitlements owed by the City to the executive.

D. Termination for cause shall not entitle the executive to a lump sum final payment but employee the executive shall receive any compensation accrued up to the date of termination, and other benefits and payments as may be required by law. any entitlements owed by the City to the executive.

D. If the executive determines that the termination under this section has been accomplished in a manner that is likely to adversely stigmatize the executive in obtaining other employment, the executive shall deliver to the City Manager a written request setting forth the manner in which the executive has been stigmatized and the actions requested of the City Manager to remove the apparent stigmatization.

City of Coronado Page 72
Attachment 1
4880-0181-4774 v1
E. In order to support a claim of stigmatization, the executive must identify public statements or actions taken by the City that have resulted in what the executive has concluded to be a stigmatizing action. The fact of a personal delivery of the notice of termination, and the consequent termination of employment, do not constitute stigmatization.

F. If the City Manager does not take the actions requested by the executive to remove the apparent stigmatization, then the executive may apply to the City Council for an opportunity to present exculpatory information.

Title 2, Chapter 2.08, former Sections 2.08.060 and Section 2.08.070 through 2.08.180 are hereby deleted.

SECTION 3:

Severability. If any section, subsection, subdivision, paragraph, sentence, clause or phrase of this Chapter, or its application to any person or circumstance, is for any reason held to be invalid or unenforceable, such invalidity or unenforceability shall not affect the validity or enforceability of the remaining sections, subsections, subdivisions, paragraphs, sentences, clauses or phrases of this Chapter, or its application to any other person or circumstance. The City Council declares that it would have adopted each section, subsection, subdivision, paragraph, sentence, clause or phrase hereof, irrespective of the fact that any one or more other sections, subsections, subdivisions, paragraphs, sentences, clauses or phrases hereof be declared invalid or unenforceable.

EFFECTIVE DATE: This Ordinance shall be effective thirty (30) days after its adoption.

Within fifteen (15) days after its adoption, the City Clerk of the City of Coronado shall cause this ordinance published pursuant to the provisions of Government Code Section 36933.

INTRODUCED AND FIRST READ at a regular meeting of the City Council of the City of Coronado, California, on November 19, 2024; and
City of Coronado Page 73
Attachment 1
4880-0181-4774 v1
PASSED, ADOPTED, AND APPROVED by the City Council of the City of Coronado at a regular meeting thereof this December 3, 2024, by the following vote to wit:

AYES:

NAYS:

ABSTAIN:

ABSENT:

APPROVED:

RICHARD BAILEY, Mayor of the
City of Coronado, California
ATTEST:

KELSEA HOLIAN, City Clerk of the
City of Coronado, California
City of Coronado Page 74
Attachment 1
4880-0181-4774 v1
*****

STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO :
ss. CITY OF CORONADO )
I, Kelsea Holian, City Clerk of the City of Coronado, hereby certify that the foregoing ORDINANCE NO. 2024-10 passed at the regular meeting of the City Council of the City of Coronado held on December 3, 2024, after having been read at the regular meeting of said City Council held on November 19, 2024
KELSEA HOLIAN, City Clerk of the
City of Coronado, California
ORDINANCE NO. 2024-10
City of Coronado Page 75

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City of Coronado Page 76

CITY COUNCIL STAFF REPORT

December 3, 2024 5f.

RECEIVE AND FILE THE ANNUAL COMPREHENSIVE FINANCIAL REPORT (ACFR) FOR THE YEAR ENDING JUNE 30, 2024
RECOMMENDATION:

Receive and file the City of Coronado Annual Comprehensive Financial Report for the year ending June 30, 2024.

BACKGROUND:

City staff prepared the Annual Comprehensive Financial Report (ACFR), reporting on the financial condition of the City as of June 30, 2024, in accordance with Generally Accepted Accounting Principles for municipal governments. The City engaged the Certified Public Accounting firm of Davis Farr, LLP to examine the City’s financial statements, applying auditing procedures comporting with professional auditing standards. As part of the examination, Davis Farr reviews the City’s internal controls and assists City staff in preparing the ACFR.

A management partner from Davis Farr will attend the December 3, 2024, meeting to answer any questions about the audit examination. This opportunity is provided to the City Council to provide transparency of the audit process and help provide the public with confidence in the manner in which the audit firm independently conducted its audit.

The ACFR, attached, will remain on file in the Office of the City Clerk, the City’s Library, and online at the City’s website.
• The Introductory Section of the ACFR contains a transmittal letter, which provides background information about the community and local economy, an organizational chart, and a page that identifies elected and appointed officials. • The Financial Section of the ACFR includes City Management’s Discussion and Analysis (MD&A), the Basic Financial Statements, and Combining and Individual Fund Statements and Schedules. This MD&A is designed to provide a general overview and summary of the results and required supplemental information for the year ending June 30, 2024. The MD&A is intended to be read in conjunction with the financial statements and other information found in the report.
• Accompanying this report are four letters from Davis Farr which constitute their report to the governing body on the scope of work performed as well as their report on matters of internal control and their compliance with auditing standards, and report on compliance for the Housing Successor.

Responsibility for the accuracy, completeness, and fair presentation of the ACFR, which includes all disclosures in the financial statements, rests with City management. In addition, management is responsible for establishing and maintaining an internal control structure designed to ensure that adequate accounting data are compiled to allow for the preparation of financial statements in conformity with generally accepted accounting principles, compliance with applicable laws and regulations, effectiveness and efficiency of financial operations, and assets of the City are City of Coronado Page 77
protected from loss, theft, and misuse. The internal control structure is designed to provide reasonable, but not absolute, assurance that these objectives are met.

ANALYSIS:

At the conclusion of the audit, Davis Farr rendered an unmodified opinion, which signifies that the financial statements of the City of Coronado for the year ending June 30, 2024, are free of material misstatement. The independent audit involved examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements; assessing that the accounting principles used are appropriate and proper; evaluating the City’s internal control procedures; and determining that the overall financial statement presentation is in accordance with Generally Accepted Accounting Principles for government. Davis Farr conducted fieldwork on two occasions, first to conduct its assessment of the City’s accounting and internal control procedures, and second to conduct tests of financial transactions. Davis Farr has concluded, in its Independent Auditor’s Report (page 1 in the ACFR), among other things, that:

In our opinion, the accompanying financial statements present fairly, in all material respects, the respective financial position of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of Coronado, as of June 30, 2024, and the respective changes in financial position and cash flows thereof for the year then ended in accordance with accounting principles generally accepted in the United States of America.

As part of the Fiscal Year (FY) 2023-24 engagement, Davis Farr also performed an audit of the City’s compliance with Health and Safety Code sections pertaining to Housing Successor Agencies. The opinion of Davis Farr is that the City has complied in all material respects with the compliance requirements of the Health and Safety Code pertaining to Housing Agencies. The report on compliance has been published on the City’s website for review.

FISCAL IMPACT:

The ACFR shows the City’s financial condition as of June 30, 2024. The filing and receipt of this report does not result in a financial impact.

ALTERNATIVE:

The City Council may decline to receive the City of Coronado Annual Comprehensive Financial Report (ACFR) and provide further direction to staff.

CALIFORNIA ENVIRONMENTAL QUALITY ACT:

Not Applicable.

PUBLIC NOTICE:

No notice required.

ATTACHMENTS:

1. ACFR for Fiscal Year Ended June 30, 2024

2. Auditors’ letter to the Governing Body

3. Auditors’ Agreed Upon Procedures report over the Gann Limit

4. Auditors’ report on Compliance with Applicable Requirement and on Internal Control Over Compliance for the Housing Successor
Submitted By: Administrative Services Department / John Kim City of Coronado Page 78

CITY OF CORONADO

CALIFORNIA
)LVFDO<HDU
$118$/
&2035(+(16,9(

FINANCIAL REPORT
Attachment 1 City of Coronado Page 79

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Attachment 1 City of Coronado Page 80

CITY OF CORONADO, CALIFORNIA

ANNUAL COMPREHENSIVE FINANCIAL REPORT

WITH AUDIT REPORT BY

INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
YEAR ENDED JUNE 30, 2024
PREPARED AND PRESENTED BY:

THE DEPARTMENT OF ADMINISTRATIVE SERVICES
John Kim, Director of Administrative Services
Attachment 1 City of Coronado Page 81

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Attachment 1 City of Coronado Page 82
Page
Number

INTRODUCTORY SECTION
Letter of Transmittal ……………………………………………………………………………………………………i Organizational Chart ……………………………………………………………………………………………………v List of Elected and Appointed Officials …………………………………………………………………………………vi

FINANCIAL SECTION
Independent Auditor's Report ……………………………………………………………………………………………1 Management Discussion and Analysis of Basic Financial Statements (Required Supplementary Information) …………………………………………………………………………………5

BASIC FINANCIAL STATEMENTS
Government-Wide Financial Statements:

Statement of Net Position ……………………………………………………………………………………………20 Statement of Activities ………………………………………………………………………………………………21 Fund Financial Statements:

Balance Sheet - Governmental Funds ………………………………………………………………………………23 Reconciliation of the Balance Sheet of Governmental Funds to the Statement of Net Position ……………………………………………………………………………………24 Statement of Revenues, Expenditures and Changes in Fund Balances - Governmental Funds …………………………………………………………………………………………………25 Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities …………………………………. 26 Statement of Net Position - Proprietary Funds ………………………………………………………………………28 Statement of Revenues, Expenses and Changes in Fund Net Positions - Proprietary Funds ……………………………………………………………………………………………………29 Statement of Cash Flows - Proprietary Funds ………………………………………………………………………30 Statement of Fiduciary Net Position - Fiduciary Funds ………………………………………………………………32 Statement of Changes in Fiduciary Net Position - Fiduciary Funds …………………………………….. 33 Notes to the Financial Statements ……………………………………………………………………………………34

REQUIRED SUPPLEMENTARY INFORMATION
Budgetary Comparison Schedule – General Fund ……………………………………………………………………94 Notes to Required Supplementary Information ………………………………………………………………………95

CITY OF CORONADO

ANNUAL COMPREHENSIVE FINANCIAL REPORT
YEAR ENDED JUNE 30, 2024

TABLE OF CONTENTS
Attachment 1 City of Coronado Page 83

FINANCIAL SECTION (CONTINUED)
Schedule of Changes in the Net Pension Liability and Related Ratios – Miscellaneous Plan ……………………………………………………………………………………………………96 Schedule of Plan Contributions – Miscellaneous Plan …………………………………………………………………98 Schedule of Proportionate Share of the Net Pension Liability – Safety Plan ……………………………… 99 Schedule of Plan Contributions – Safety Plan ……………………………………………..……………………. 100 Schedule of Changes in Net OPEB Liability and Related Ratios………………………………………….. 101 Schedule of OPEB Plan Contributions…………………………………………………………………..... 102

COMBINING AND INDIVIDUAL FUND STATEMENTS AND SCHEDULES
Combining Balance Sheet – Non-Major Governmental Funds ………………………………………………………108 Combining Statement of Revenues, Expenditures and Changes in - Fund Balances – Non-Major Governmental Funds ……………………………………………………………………112 Budgetary Comparison Schedules – Special Revenue Funds
Gas Tax ………………………………………………………………………………………………………………115
TransNet ………………………………………………………………………………………………………………116
Transportation Development …................................................................................................................. 117 Federal & State Grants………………………………………………………………………………….. 118 Public Safety …………………………………………………………………………………………………………119 Library ………………………………………………………………………………………………………………120
Affordable Housing …………………………………………………………………………………………………121 Affordable Housing in Lieu…………………………………………………………………………………………122 Coronado Tidelands …………………………………………………………………………………………………123 Budgetary Comparison Schedule – Capital Projects Fund …………………………………………………………… 124

STATISTICAL SECTION
Statistical Section ………………………………………………………………………………………………………128 Net Position by Component Last Ten Fiscal Years ……………………………………………………………………129 Changes in Net Position Last Ten Fiscal Years ............................................................................................... 131 Governmental Activities Tax Revenues by Source Last Ten Fiscal Years ..................................................................136 Fund Balances of Governmental Funds Last Ten Fiscal Years ...................................................................... 137 Changes in Fund Balances of Governmental Funds Last Ten Fiscal Years .................................................... 139 Assessed Value of Taxable Property Last Ten Fiscal Years ....................................................................... 141 Property Tax Rates – Direct and Overlapping Governments (Per $100 of Assessed Value) Last Ten Fiscal Years …………………………………………………………………143 Principal Property Taxpayers Based on Gross Assessed Values Current Year and Nine Years Ago ................................................................................................................................144 Attachment 1 City of Coronado Page 84

STATISTICAL SECTION (CONTINUED)
General Property Tax Levies and Collections Last Ten Fiscal Years ................................................................. 145 Schedule of Debt Ratios Last Ten Fiscal Years ...........................................................................146 Schedule of Direct and Overlapping Debt, June 30, 2024 ....................................................................... 147 Schedule of Legal Debt Margin, June 30, 2024 ...................................................................................... 148 Pledged Revenue Coverage Storm Drain Revenue Bonds
Last Ten Fiscal Years ........................................................................................................................................... 149 Demographic and Economic Statistics Last Ten Fiscal Years ......................................................................... 150 Principal Employers by Employee Size June 30, 2024 and June 30, 2015 ..................................................................151 Full – Time and Part – Time City Employees Last Ten Fiscal Years .......................................................... 152 Operating Indicators by Function Last Ten Fiscal Years ............................................................................... 153 Capital Asset Statistics by Function Last Ten Fiscal Years ……………………………………………………………155 Attachment 1 City of Coronado Page 85

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Attachment 1 City of Coronado Page 86
November 19, 2024
To the Honorable Mayor, Councilmembers, and Citizens of the City of Coronado:

I am pleased to submit the Annual Comprehensive Financial Report (ACFR) of the City of Coronado for the fiscal year ended June 30, 2024.

This report consists of City management staff’s representations concerning the finances of the City. Consequently, management assumes full responsibility for the completeness and reliability of the information presented in this report. To provide a reasonable basis for making these representations, the City’s management has established a comprehensive internal control framework designed to protect the City’s assets and to compile sufficient reliable information for the preparation of the financial statements in conformity with Generally Accepted Accounting Principles (GAAP). Because the costs of internal controls should not outweigh its benefits, the City’s comprehensive framework of internal controls has been designed both to provide reasonable rather than absolute assurance that the financial statements will be free from material misstatement and that they are fairly presented. As management, we attest that, to the best of our knowledge and belief, this financial report is complete and reliable in all material respects.

Davis Farr, LLP, Certified Public Accountants, have issued an unmodified opinion of the fair presentation of the City of Coronado’s financial statements for the fiscal year ended June 30, 2024.

The independent auditor’s opinion report is presented as the first component of the financial section of this report.

Management’s Discussion and Analysis (MD&A) immediately follows the independent auditor’s report and provides a narrative introduction, overview, and analysis of the basic financial statements. This letter of transmittal is designed to complement and should be read in conjunction with the MD&A.

CITY OF CORONADO PROFILE
The City of Coronado, incorporated on December 12, 1890, is located on a narrow peninsula at the southwestern edge of San Diego County. Bounded by the Pacific Ocean and the San Diego Bay, the City is accessible by the two-mile-long San Diego-Coronado Bridge from the east and Silver Strand Highway to the south. The City occupies a land and water area of 32.7 square miles, serving a population of approximately 20,000 living in approximately 9,500 housing units. In addition, the City also serves seasonal residents, tourists, and local area daytime visitors.

The City of Coronado operates under a council-manager form of government, with a Mayor and four-member Council elected at-large for four-year staggered terms, with a two-term limit for each elected office. The City provides a wide range of services, including general government, police Attachment 1 City of Coronado Page 87
ii
and fire protection; beach lifeguard services; disaster preparedness; building safety regulation and inspection; infrastructure and public facility capital improvement construction; sewer, storm drain, street, park and beach maintenance; library services; golf; and recreational and cultural programs.

Coronado has a rich history. It began as a resort community in 1886 with the formation of the Coronado Beach Company, followed by the opening of the Hotel Del Coronado in 1888. The City was incorporated as a general law city in 1890. Coronado’s City Hall and Community Center are located on the Glorietta Bay Promenade, once the site of Tent City, a popular vacation destination from 1900 to 1939. In 1917, the U.S. Government established a military base at the north end of the Coronado peninsula, now known as Naval Air Station North Island (NASNI), the “Birthplace of Naval Aviation.” In 1943, as a second military installation, Naval Amphibious Base, Coronado (NAB) was added along the Silver Strand. NAB is the West Coast base of operations for SEAL teams. In 1969, the San Diego-Coronado Bridge opened, replacing an auto ferry system between Coronado and downtown San Diego and now accommodates an average of 83,000 vehicles per day. Commuters to Naval bases result in the City doubling in size every workday. Today, Coronado is known for its historical charm as a residential community, a iconic tourist destination, as well as headquarters to the largest military command in the southwest region of the United States.

ECONOMIC CONDITIONS
Local Economy
The local economy for the City of Coronado is primarily based on tourism, but the largest employer is Naval Base Coronado (NBC), a consolidated United States Navy installation encompassing eight regional installations throughout Southern California, three of which are located in Coronado. NBC employs over 20,000 military and civilian personnel, a majority of whom are based at NASNI and NAB. The City’s proximity to the ocean, luxury resorts, award winning beaches, and island-like characteristics have resulted in Coronado being one of the region’s most recognized and desirable destinations for out-of-town and regional visitors. Seventeen local hotels provide more than 1,900 rooms, plus there are over 70 cafés and restaurants in the City. Hotels and restaurants employ over 4,000 workers.

Coronado’s property tax roll values for all taxable properties recorded a growth of 7.3% in fiscal year 2023-24 compared to fiscal year 2022-23. Property, sales, and transient occupancy tax (TOT) revenues are the City’s three largest revenue sources and account for 75% of general fund revenues.

Long-Term Financial Planning
The annual budget serves as the foundation for the City’s financial planning and control. The City Manager presents the proposed balanced budget to the City Council for review prior to the beginning of each fiscal year. In advance of the annual budget adoption process, the City Council also considers a multi-year financial projection for its General Fund to provide a long-term context for its annual budget. The proposed annual budget is presented at a public workshop in May, and the Council adopts the final balanced budget no later than June 30, the close of the fiscal year. The budget is presented by fund and department. As of June 30, 2024, the City has 48 capital projects underway and has appropriated funds for 10 new capital projects in fiscal year 2024-25. Only the City Council has the authority to increase total appropriations within any fund, subject to the Attachment 1 City of Coronado Page 88
iii
appropriations limitations established by State law. In contrast to other California cities, Coronado has enjoyed financial strength through conservative budgeting, most notably with over a decade of the General Fund operating without budget shortfalls and no use of reserves.

Financial Policies
As part of the annual budget adoption process, the City Council reviews and updates the fund balance policy, including the size and use of reserves. For fiscal year 2024-25, the Council committed $36.6 million of the general fund balance for responding to unforeseen emergencies and economic downturns, and operating cash flow purposes, $4 million for future capital projects, and $500,000 for historic property preservation.

The City of Coronado has taken proactive steps in the long-term management of sustainable, affordable pension benefits for employees. In 2011, the City paid off its CalPERS Public Safety Plan side fund liability of $6.2 million several years early to avoid over $3.8 million in future interest costs. In 2013, the City pre-funded a $5 million contribution toward its Miscellaneous Pension Plan, shortening the amortization of its pension liabilities and lowering the City’s Miscellaneous Plan contribution rate. In January 2014, the City established an Other PostEmployment Benefits (OPEB), IRS Section 115 irrevocable trust with Public Agency Retirement Services (PARS) to stabilize future OPEB contribution costs. Total contributions made were $2,075,000 with a market value of $3,632,052 as of June 30, 2024. In June 2015, the City prefunded a $5 million contribution toward the Safety Pension Plan, reducing the Safety pension liability, which will result in lower amortization payments in future years. In October 2015, the City established the pension IRS Section 115 irrevocable trust with PARS to stabilize future CalPERS contribution costs. Total contributions made were $13,808,000, with a market value of $17,208,215 as of June 30, 2024.

Major Initiatives
The City’s commitment for Fiscal Year 2024-25 and beyond is to continue exploring innovative services that effectively meet the community's needs. Included among the major initiatives for this year are:
• Continued investment in City infrastructure through capital projects encompassing stormwater, wastewater, recreational, public facilities, and transportation improvements. • Achieved major construction milestones for the Parker Pump Station joint stormwater and wastewater facility, for completion in 2025.
• Finalized Cays Park Master Plan and the Winn Room Remodel Plan. • Continued work on the Historic Survey and Context Statement. • Completion of the Aquatic Center Remodel.
• Certification of the 6th Cycle Housing Element Update. • Initiated design on Downtown Beautification Plan for streetscape improvements for pavement, street furniture, and lighting.
• Improvements in the City’s Information Technology infrastructure, including expanding the use of the integrated Enterprise Resource Planning (ERP) system, community disaster preparation, GIS data collection and mapping, and additional camera systems. • Initiated a Community Risk Study to evaluate the City’s geography, demographics, and projected future fire and emergency medical needs.

Attachment 1 City of Coronado Page 89
iv
• Developing long-term capital project funding and expenditure strategy for future capital improvement projects.
• Continued advocacy efforts to the Federal Government to prioritize and cure cross-border water pollution.

The preparation of the Annual Comprehensive Financial Report was made possible by the dedicated services of the Finance Division of the Administrative Services Department. Special recognition goes to John Kim, the City’s Treasurer and Director of Administrative Services, and Madeline Smith, the City’s Finance Manager, who continue to commit to preparing this Annual Comprehensive Financial Report and its timely release.

There is no doubt that the City of Coronado enjoys a quality of life that sets it apart from other communities. Credit is due to current and previous Mayors and Councils for their support in maintaining the highest standards of professionalism in the management of the City’s finances.

Respectfully Submitted,
Tina Friend John J. Kim
City Manager Director of Administrative Service
Attachment 1 City of Coronado Page 90

CITY COUNCIL

COMMUNITY DEVELOPMENT

SUCCESSOR AGENCY

BOARD &

COMMISSIONS

CITY MANAGER

LIBRARY

RECREATION
& GOLF

COMMUNITY

DEVELOPMENT
PUBLIC

SERVICES &

ENGINEERING

CITIZENS OF CORONADO

CITY COUNCIL

COMMUNITY DEVELOPMENT

SUCCESSOR AGENCY

BOARD &

COMMISSIONS

CITY MANAGER

CITY COUNCIL

COMMUNITY DEVELOPMENT

SUCCESSOR AGENCY

CITY ATTORNEY
(Contract)

BOARDS &

COMMISSIONS

CITY MANAGER

CITY CLERK

ADMINISTRATIVE

SERVICES POLICE
FIRE
v Attachment 1 City of Coronado Page 91

CITY OF CORONADO

LISTING OF ELECTED & APPOINTED OFFICIALS
As of June 30, 2023

ELECTED OFFICIALS
Richard Bailey
Mayor
Mike Donovan John Duncan
Council Member Council Member
Carrie Anne Downey Casey Tanaka
Council Member Council Member

APPOINTED OFFICIALS
Tina Friend
City Manager
Johanna Canlas
City Attorney
vi
Attachment 1 City of Coronado Page 92

CITY OF CORONADO

FINANCIAL SECTION
Attachment 1 City of Coronado Page 93

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Attachment 1 City of Coronado Page 94
Independent Auditor’s Report
City Council
City of Coronado
Coronado, California
Report on the Audit of the Financial Statements
Opinions
We have audited the financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of Coronado, California (City), as of and for the year ended June 30, 2024, and the related notes to the financial statements, which collectively comprise the City’s basic financial statements as listed in the table of contents.

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

Responsibilities of Management for the Financial Statements The City of Coronado’s management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America, and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the City of Coronado’s ability to continue as a going concern for one year after the date that the financial statements are issued.

Auditor’s Responsibilities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinions. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in 1 Attachment 1 City of Coronado Page 95
accordance with GAAS will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements.

In performing an audit in accordance with GAAS, we:
• Exercise professional judgment and maintain professional skepticism throughout the audit.
• Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. • Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the City of Coronado’s internal control.

Accordingly, no such opinion is expressed.
• Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.
• Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the City of Coronado’s ability to continue as a going concern for a reasonable period of time.

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

Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis, budgetary comparison schedule-general fund, schedule of changes in the net pension liability and related ratios-miscellaneous plan, schedule of plan contributions-miscellaneous plan, schedule of proportionate share of the net pension liability-safety plan, schedule of contributions- safety plan, schedule of changes in Net OPEB liability and related ratios, and schedule of OPEB plan contributions be presented to supplement the basic financial statements.

Such information is the responsibility of management and, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.

Supplementary Information
Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the City of Coronado’s basic financial statements. The combining nonmajor fund financial statements and budgetary comparison schedules are presented for purposes of additional analysis and are not a required part of the basic financial statements.
2 Attachment 1 City of Coronado Page 96
The combining nonmajor fund financial statements and budgetary comparison schedules are the responsibility of management and were derived from and relate directly to the underlying accounting and other records used to prepare the basic financial statements. Such information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the combining nonmajor fund financial statements and budgetary comparison schedules are fairly stated, in all material respects, in relation to the basic financial statements as a whole.

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

Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated November 19, 2024 on our consideration of the City of Coronado’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters.

The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the City of Coronado’s internal control over financial reporting and compliance.

Irvine, California
November 19, 2024
3 Attachment 1 City of Coronado Page 97

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4 Attachment 1 City of Coronado Page 98
MANAGEMENT’S DISCUSSION

THE CITY OF CORONADO AND ANALYSIS
As management of the City of Coronado (the City), we offer readers of the City’s financial statements this narrative overview and analysis of the financial activities of the City for the fiscal year ended June 30, 2024. The Management’s Discussion and Analysis is designed to (a) assist the reader in focusing on significant financial issues; (b) provide an overview of the City’s financial activity; (c) identify changes in the City’s financial position (its ability to address future challenges); (d) identify any material deviations from the financial plan (approved budget); and (e) identify individual fund issues or concerns.

We encourage readers to consider the information presented here in conjunction with additional information that we have furnished in the financial statements.

FINANCIAL HIGHLIGHTS
• The assets and deferred outflows of the City exceeded its liabilities and deferred inflows at June 30, 2024, by $364 million (net position). Of this amount, $137 million (unrestricted net position) may be used to meet the government’s ongoing obligations to residents and creditors. • The City’s overall revenue was $110 million compared to expenses of $96 million, resulting in an increase in net position of $14 million.
• The City’s Governmental Activities total outstanding long-term debt at June 30, 2024, was $83 million, which is $8 million higher than the prior year. The deferred inflows of the City at June 30, 2024, was $3 million, which is $2 million lower than the prior year. • The City’s Governmental Funds reported combined ending fund balances of $210 million.

Revenues exceeded expenditures, including transfers out, by $17 million. • At June 30, 2024, committed, assigned and unassigned fund balance for the general fund was $102 million, or 148% of total general fund expenditures.

OVERVIEW OF THE FINANCIAL STATEMENTS
This Management Discussion and Analysis is intended to serve as an introduction to the City’s Annual Comprehensive Financial Report (ACFR) for the Fiscal Year ending June 30, 2024, and the basic financial statements contained therein. The City’s basic financial statements consist of three components: 1) government-wide financial statements, 2) fund financial statements, and 3) the notes to the financial statements. This ACFR also contains other supplementary information in addition to the basic financial statements intended to furnish additional detail to support the basic financial statements.
5 Attachment 1 City of Coronado Page 99
MANAGEMENT’S DISCUSSION

THE CITY OF CORONADO AND ANALYSIS
Government-wide Financial Statements
The government-wide financial statements are designed to provide readers with a broad overview of the City’s finances, similar to that of a private-sector business.

Statement of Net Position: This statement presents information on all of the City’s assets, liabilities, and deferred inflows/outflows of resources, with the difference between these items reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the City is improving or deteriorating.

Statement of Activities: This statement presents information showing how the City’s net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows.

Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in future fiscal periods (e.g., uncollected taxes and earned but unused vacation leave).

Both of the government-wide financial statements, the Statement of Net Position and the Statement of Activities, distinguish functions of the City that are principally supported by taxes and intergovernmental revenues (governmental activities) from other functions that are intended to recover all or a significant portion of their costs through user fees and charges (business-type activities). The governmental activities of the City include general government, public safety, construction and maintenance, planning and building services, culture and leisure, transportation, and housing. The business-type activities of the City include wastewater, golf, and storm drain.

Fund Financial Statements
A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The City, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. All of the funds of the City can be divided into three categories as follows:

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

Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements.

By doing so, readers may better understand the long-term impact of the government’s near-term financing decisions. Both the governmental fund Balance Sheet and the governmental fund Statement of Revenues, Expenditures, and Changes in Fund Balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities. 6 Attachment 1 City of Coronado Page 100
MANAGEMENT’S DISCUSSION

THE CITY OF CORONADO AND ANALYSIS
The City maintains 15 individual governmental funds. Information is presented separately in the governmental fund Balance Sheet and in the governmental fund Statement of Revenues, Expenditures, and Changes in Fund Balances for the General Fund and Capital Projects Funds, which are considered major funds.

Data from the other 13 governmental funds are combined into a single, aggregated presentation.

This report provides individual fund data for each of these non-major governmental funds in the form of combining statements.

The City adopts an annual appropriated budget for its General Fund. A budgetary comparison schedule for the General Fund has been provided in this report to demonstrate compliance with this budget.

Proprietary Funds: The City maintains one type of proprietary funds. Enterprise funds are used to report the same functions presented as business-type activities in government-wide financial statements. The City uses enterprise funds to account for its Wastewater Utility, Golf Course, and Storm Drain Utility.

Proprietary funds provide the same type of information as the government-wide financial statements, only in more detail. The proprietary fund financial statements provide information on each of the enterprise funds noted above, as all are considered to be major funds.

The following table shows a summary of the Statement of Net Position as of June 30, 2024 and 2023.
(in thousands)
2024 2023 2024 2023 2024 2023
Current assets $ 217,535 $ 213,122 $ 31,299 $ 25,161 $ 248,834 $ 238,283 Noncurrent assets:

Capital assets 128,890 127,854 57,434 49,442 186,324 177,296 Total assets 346,425 340,976 88,733 74,603 435,158 415,579 Total deferred
outflows of resources 28,498 30,497 1,418 1,681 29,916 32,178 Current liabilities 6,114 5,816 2,132 3,629 8,246 9,445 Noncurrent liabilities 82,547 75,233 4,725 4,692 87,272 79,925 Total liabilities 88,661 81,049 6,857 8,321 95,518 89,370 Total deferred
inflows of resources 3,022 5,482 2,176 2,422 5,198 7,904 Net position:

Invested in capital assets 128,507 127,311 57,421 49,420 185,928 176,731 Restricted 41,575 37,706 - - 41,575 37,706
Unrestricted 113,158 119,925 23,697 16,121 136,855 136,046 Total net position $ 283,240 $ 284,942 $ 81,118 $ 65,541 $ 364,358 $ 350,483 Statement of Net Position
June 30, 2024 and 2023
Governmental Activities Business-Type Activities Totals 7 Attachment 1 City of Coronado Page 101
MANAGEMENT’S DISCUSSION

THE CITY OF CORONADO AND ANALYSIS
Fiduciary Funds: Fiduciary funds are used to account for resources held for the benefit of parties outside the government. Fiduciary funds are not reported in the government-wide financial statement because the resources of those funds are not available to support the City’s own programs. The accounting used for fiduciary funds is much like that used for proprietary funds.

The City maintains one type of fiduciary fund: a private purpose trust fund. This private purpose trust fund was established with the dissolution of the Former Redevelopment Agency to report the Successor Agency activity in the City’s financial statements (see Note 19 in this report).

Notes to the Financial Statements
The notes provide additional information essential to fully understanding the data provided in the government-wide and fund financial statements.

Other Information
In addition to the basic financial statements and accompanying notes, this report also presents certain supplemental and statistical information that may be useful to the users of the City’s financial statements. Statistical information about the City can be found in the last section of this report.

FINANCIAL ANALYSIS
Government-Wide Analysis
During FY 2023-24, the City’s total net position increased from $350 million to $364 million, an increase of 3.8%. The increase is attributable to an increase of $16 million in business activities.

On June 30, 2024, the City’s assets and deferred outflows of resources exceeded liabilities and deferred inflows of resources by $364 million. The total amount of capital assets (i.e., land, buildings, infrastructure, and equipment) increased by $9 million from FY 2022-23 as addition to capital assets exceeded depreciation and deletion. Approximately 51% of the City’s net position is invested in capital assets. As of June 30, 2024, there was no debt used to acquire assets. The City uses these capital assets to provide a variety of services to the public; consequently, these assets are not available for future spending.

An additional portion of the City’s net position, 11%, represents resources that are subject to external restrictions as to how they may be used. These restrictions are typically imposed by parties outside the government (such as laws, regulations, creditors, or grantors of other governmental agencies). Assets are also restricted when associated with particular liabilities (for instance, restricted assets associated with revenue bonds). An amount equal to these restricted assets, less any related liabilities, is subsequently reported. 8 Attachment 1 City of Coronado Page 102
MANAGEMENT’S DISCUSSION

THE CITY OF CORONADO AND ANALYSIS
At the end of FY 2023-24, the remaining balance of net position, which is unrestricted, is $137 million. The unrestricted portion of the net position comprises $113 million and $24 million in governmental and business-type activities, respectively. Unrestricted funds normally represent assets that are not otherwise restricted for any specific purpose and not specifically invested in capital assets.

The following table shows the summary of the City’s activities and the components that caused the City’s net position to increase:
2024 2023 2024 2023 2024 2023
Revenues:

Program Revenues
Charges for Services $ 6,930 $ 7,007 $ 15,791 $ 13,232 $ 22,721 $ 20,239 Operating Grants & Contributions 4,529 6,560 - - 4,529 6,560 Capital Grants & Contributions 291 137 - - 291 137
General Revenues
Property Tax 41,875 39,099 - - 41,875 39,099
Transient Occupancy Tax 21,358 22,741 - - 21,358 22,741 Sales & Use Tax 4,875 5,016 - - 4,875 5,016
Other Taxes 2,193 2,050 - - 2,193 2,050
Use of Money and Property 9,298 6,398 3,047 1,810 12,345 8,208 Other 152 1,012 - - 152 1,012
Total Revenues 91,501 90,020 18,838 15,042 110,339 105,062 Expenses:

General Government 15,695 13,435 - - 15,695 13,435
Public Safety 32,564 29,689 - - 32,564 29,689
Construction & Maintenance 15,963 13,883 - - 15,963 13,883 Culture & Leisure 12,340 11,286 - - 12,340 11,286
Planning & Building 3,783 3,385 - - 3,783 3,385
Housing 7 190 - - 7 190
Wastewater - - 8,143 6,227 8,143 6,227
Golf - - 4,310 3,868 4,310 3,868
Storm Drain - - 3,659 1,511 3,659 1,511
Total Expenses 80,352 71,868 16,112 11,606 96,464 83,474 Increase (Decrease) in Net
Position Before Transfers 11,149 18,152 2,726 3,436 13,875 21,588 Transfers (12,851) (610) 12,851 610 - -
Change in Net Position (1,702) 17,542 15,577 4,046 13,875 21,588 Net Position, July 1 284,942 267,400 65,541 61,495 350,483 328,895 Net Position, June 30, $ 283,240 $ 284,942 $ 81,118 $ 65,541 $ 364,358 $ 350,483 Statement of Activities
For the fiscal year ended June 30, 2024 and 2023
(in thousands)
Governmental Activities Business-Type Activities Totals 9 Attachment 1 City of Coronado Page 103
MANAGEMENT’S DISCUSSION

THE CITY OF CORONADO AND ANALYSIS
Governmental Activities: Overall, revenues for the year ending June 30, 2024, increased by $5.3 million, or 5.0%. The following is a list of notable changes compared to the prior year:
• Charges for Services increased by $2.4 million, primarily from the Wastewater Utility fund and Golf course fund’s incomes.
• Property Tax revenue increased by $2.8 million, which resulted from a $820 million or

7.3% increase in the City’s assessed value of taxable properties during FY 2023-24 compared to the prior year.
• Transient Occupancy Tax (TOT) revenue decreased by $1.4 million due to ongoing major renovations at one of the hospitality properties. However, $21.4 million of TOT revenue is still higher than the pre-pandemic level.
• Use of money and property increased by approximately $4.1 million, primarily from investment revenue due to the higher interest from various investment assets held by the City.

Total expenses increased by $12.9 million, or 15.5%. The following are the notable changes compared to the prior year:
• General Government increased by $2.3 million primarily due to increases in pension plan contribution rates and decreased personnel vacancies.
• Public safety increased by $2.9 million due to an increase in the safety pension plan’s contribution rates, grant expenditures, and decreases in personnel vacancies. • Construction and maintenance increased by $1.4 million due to increased spending and activities on major capital maintenance projects.
• Wastewater and Storm Drain combined increased by $4.1 million, primarily due to ongoing major capital maintenance projects.
10 Attachment 1 City of Coronado Page 104
MANAGEMENT’S DISCUSSION

THE CITY OF CORONADO AND ANALYSIS
The following chart compares governmental activities’ program revenues with expenses for all functions.

Business-Type Activities: During FY 2023-24, the net position for business-type activities increased by $16 million to $81 million. The net increase in net position was primarily due to transfers from the General Fund for capital projects and continued operating income from the Wastewater Utility fund and Golf Course fund.

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

Governmental funds: The focus of the City’s governmental funds is to provide information on near-term inflows, outflows, and balances of spendable resources. Such information is useful in assessing the City’s financing requirements. In particular, unassigned fund balance may serve as a useful measure of a government’s net resources available for discretionary use as it represents the portion of fund balance that has not yet been limited to use for a particular purpose by either an external party, the City itself, or a group or individual that has been delegated authority to assign resources for use for particular purposes by the City Council. $15,695
$32,564
$12,340
$15,963
$3,783
$7
$2,954
$1,357
$2,519
$3,303
$1,449
$168
$- $10,000 $20,000 $30,000 $40,000 $50,000
General government
Public safety
Culture and leisure
Construction and maintenance
Planning and building services
Housing
Expenses and Program Revenues
Governmental Activities
Year Ended June 30, 2024
(in thousands)
Expenses Program Revenues
11 Attachment 1 City of Coronado Page 105
MANAGEMENT’S DISCUSSION

THE CITY OF CORONADO AND ANALYSIS
As of June 30, 2024, the City’s governmental funds reported combined ending fund balances of $210 million, an increase of $4 million in comparison with the prior year. Of this amount, $43 million constitutes an unassigned fund balance, available for spending at the government’s discretion. The remainder of the fund balance is either non-spendable, restricted, committed, or assigned to indicate that it is 1) not in spendable form or legally required to be maintained intact ($6 million); 2) restricted for particular purposes ($59 million); 3) committed for particular purposes ($38 million); or 4) assigned for particular purposes ($65 million).

The following chart compares the fund balance for the General Fund in the current and prior fiscal years.
$6,175
$32,249
$36,025
$33,861
$42,252
$5,517
$35,107
$37,814
$20,904
$43,019
$0
$10,000
$20,000
$30,000
$40,000
$50,000
Nonspendable Restricted Committed Assigned Unassigned
General Fund
Components of Fund Balance
June 30, 2023 and 2024
(in thousands)
FY 2022-23 FY 2023-24
12 Attachment 1 City of Coronado Page 106
MANAGEMENT’S DISCUSSION

THE CITY OF CORONADO AND ANALYSIS
The General Fund, which is the chief operating fund of the City, at June 30, 2024, had a total fund balance of $142 million, a decrease of $8 million from FY 2022-23. The following schedule shows changes in fund balances for the governmental funds:

As a measure of the General Fund’s liquidity, it may be useful to compare both the General Fund’s unassigned fund balance and total fund balance to General Fund expenditures. Unassigned fund balance represents 62.5% of total general fund expenditures, while total fund balance represents 207% of that same amount.

In the other governmental funds, all fund balances are assigned ($44 million) or restricted ($24 million) for particular purposes. The following chart compares fund balance in other governmental funds in the current and prior fiscal years.
$19
$20,277
$-
$34,743
$19 $-
$23,501
$-
$44,006
$-
$0
$10,000
$20,000
$30,000
$40,000
$50,000
Nonspendable Restricted Committed Assigned Unassigned
Other Governmental Funds
Components of Fund Balance
June 30, 2023 and 2024
(in thousands)
FY 2022-23 FY 2023-24
Non-Spendable Restricted Committed Assigned Unassigned
General Fund $ (657,826) $ 2,857,975 $ 1,789,000 $ (12,956,822) $ 766,668 $ (8,201,005) Capital Projects - - - 9,262,652 - 9,262,652
Other Governmental Funds 163 3,224,021 - - - 3,224,184
$ (657,663) $ 6,081,996 $ 1,789,000 $ (3,694,170) $ 766,668 $ 4,285,831 Net Change in
Fund Balance
Governmental Funds Increase / (Decrease) in Fund Balances in FY 2023-24 Compared to FY 2022-23
13 Attachment 1 City of Coronado Page 107
MANAGEMENT’S DISCUSSION

THE CITY OF CORONADO AND ANALYSIS
Proprietary Funds: The City’s proprietary funds provide the same type of information found in the government-wide financial statements, but in more detail. The following two tables show the changes in the net position of the proprietary funds and invested in capital assets and unrestricted portions of the net position of the proprietary funds of the City. The factors affecting the changes in net position and other factors regarding the proprietary funds have already been addressed in the discussion of the City’s business-type activities.

Changes in Net Position
Proprietary Funds
(in thousands)
Net Position
Proprietary Funds as of June 30, 2024
(in thousands)
Funds Budgetary Highlights
Original budget compared to final budget: During the year, revenue and expenditure projections across all funds increased. The majority of the $2.54 million increase in revenue was primarily due to better-than-expected performance results from transient occupancy taxes and the use of money and properties from the continued high interest rate environment. Adjustments to the General Fund expenditure budget were $2.8 million, including personnel, professional services, and construction expenses.

Final budget compared to actual results: In the General Fund, revenues exceeded projections by $11.4 million. Again, the increase was primarily due to higher actual results in sales and transient occupancy taxes, as well as, the use of money and property, specifically from higher investment earnings. In the General Fund, expenditures were under budget in most functional areas. This was primarily a result of decreasing but continuing vacancies, which resulted in delays in some of the planned projects and tasks. Notable expenditure increases include legal services and insurance for ongoing litigations and increasing excess insurance coverage premiums.

Net Position
June 30, 2023
Changes in
Net Position
Net Position
June 30, 2024
Wastewater $ 50,908 $ 15,040 $ 65,948
Golf 8,571 1,444 10,015
Storm Drain 6,062 (908) 5,154
Total $ 65,541 $ 15,576 $ 81,117
Investment in
Capital Assets
Unrestricted
Net Position
Total Net
Position
Wastewater $ 46,576 $ 19,372 $ 65,948
Golf 4,170 5,845 10,015
Storm Drain 6,675 (1,521) 5,154
Total $ 57,421 $ 23,696 $ 81,117
14 Attachment 1 City of Coronado Page 108
MANAGEMENT’S DISCUSSION

THE CITY OF CORONADO AND ANALYSIS
Debt Administration and Capital Assets
Long-term debt: Compensated absences, claims and judgments, and net pension and OPEB liabilities comprise the City’s long-term obligations. Overall, the City’s debt increased by $7 million during Fiscal Year 2023-24. The overall increase is due primarily to the increase in the Net Pension Liability and Claims and Judgments. The table below provides a comparison of the ending balance on June 30, 2023, and 2024. Additional information on the City’s long-term debts can be found in Note 8 in the Financial Statement section of this report.

Outstanding Debt
(in thousands)
Capital assets: The City’s net capital assets for its governmental and business-type activities as of June 30, 2024 totals $186 million (net of accumulated depreciation). This investment includes land, art and collections, buildings, improvements other than buildings, infrastructure, and vehicles and equipment. The net change in capital assets for the current fiscal year was an increase of $9 million or 5.1%.

Capital Assets
(net of accumulated depreciation)
(in thousands)
2024 2023 2024 2023 2024 2023
Compensated Absences $ 3,111 $ 2,952 $ 189 $ 208 $ 3,300 $ 3,160 Claims and Judgments 11,283 9,042 - - 11,283 9,042
Leases and SBITA 383 543 13 22 396 565
Net Pension Liability 63,963 59,820 4,037 4,095 68,000 63,915 Net OPEB Liability 3,808 2,877 485 367 4,293 3,244
Totals $ 82,548 $ 75,234 $ 4,724 $ 4,692 $ 87,272 $ 79,926 Governmental
Activities
Business-Type
Activities: Total
2024 2023 2024 2023 2024 2023
Land $ 33,127 $ 33,127 $ - $ - $ 33,127 $ 33,127
Art and Collections 1,829 1,829 - - 1,829 1,829
Construction in
Progress 6,870 3,199 19,828 10,403 26,698 13,602
Buildings 43,805 45,151 3,116 3,248 46,921 48,399
Improvements Other
Than Buildings 12,433 12,866 20,541 21,376 32,974 34,242 Infrastructure 24,380 25,526 7,504 7,869 31,884 33,395
Vehicles and
Equipment 6,064 5,602 6,389 6,481 12,453 12,083
Equipment Under
Lease 382 554 57 65 439 619
Totals $ 128,890 $ 127,854 $ 57,435 $ 49,442 $ 186,325 $ 177,296 Governmental
Activities Business-Type Activities: Total
15 Attachment 1 City of Coronado Page 109
MANAGEMENT’S DISCUSSION

THE CITY OF CORONADO AND ANALYSIS
The increase in the capital assets’ net book value was primarily due to the increase in construction in progress, most prominently for the construction phase of the Parker Pump Station Rehabilitation project.

Additional information on the City’s capital assets can be found in Note 7 in the Financial Statement section of this report.

Economic Factors and Next Year’s Budget
The following economic factors currently affect the City of Coronado and were considered in developing the FY 2024-25 budget.

• Assessed valuation growth in January 2024, which drives property tax growth for Fiscal Year 2024-25, was 4.8%. Assessed values in Coronado continue to trend upward, which accounts for the tax base.

• Revenue from transient occupancy taxes and sales tax are projected to temporarily decrease primarily due to an ongoing renovation at one of the hospitality properties, placing several hundred rooms out of service for an extended period of time. • The continued high interest rate environment is anticipated to taper down with multiple interest rate cuts and impact the City’s diversified investment returns accordingly. While inflationary pressure is also stabilizing, the City is continuing to experience sustained increases in a wide array of expenditures, particularly in construction, medical, and insurance premium costs.
• The City has undertaken efforts to manage its liabilities associated with pensions and Other Post Employment Benefits (OPEB). In FY 2023-24, the City contributed $450,000 to its Internal Revenue Code Section 115 Irrevocable Pension Trust Fund, which the Public Agency Retirement System maintains. The balance of the trust of $17.2 million will be used to stabilize expected future increases in pension costs. At the end of FY 2012-13, the City made a lump-sum payment of $5 million to the Miscellaneous Pension Plan maintained by CalPERS, which lowered net pension liability related to that plan and the normal cost contribution rate. At the end of FY 2014-15, the City made a lump sum payment of $5 million to its Safety Pension Plan, reducing the net unfunded liability and resulting in lower amortization payments in future years. The City budgeted an additional $450,000 to be contributed to the pension trust fund during Fiscal Year 2024-25. These and other strategies for managing pension costs continue to be a high priority of the City. 16 Attachment 1 City of Coronado Page 110
MANAGEMENT’S DISCUSSION

THE CITY OF CORONADO AND ANALYSIS
• The General Fund minimum reserve requirement established by City Council policy was increased for FY 2024-25 to $41.1 million, an increase of 9% from the reported amount for FY 2023-24. The reserve requirement is committed to be used: 1) in the event of needed emergency response and/or economic downturns ($33.3 million); 2) for major construction projects ($4 million); and 3) for loss in property tax revenues from designation of historic preservation properties ($500,000). The actual amount of unassigned general fund reserves at June 30, 2024 totals $32 million and is projected to remain stable during FY 2024-25 as the revenues and expenditures expect to be level.
• The City’s FY 2024-25 Budget is available online at the City’s website.

REQUESTS FOR INFORMATION
This financial report is designed to provide a general overview of the finances for those interested in the government’s finances. Questions concerning any of the information provided in this report or requests for additional financial information should be addressed to:

Department of Administrative Services
City of Coronado
1825 Strand Way,
Coronado, CA 92118
17 Attachment 1 City of Coronado Page 111

CITY OF CORONADO

BASIC FINANCIAL STATEMENTS
18 Attachment 1 City of Coronado Page 112

THIS PAGE INTENTIONALLY LEFT BLANK
19 Attachment 1 City of Coronado Page 113

CITY OF CORONADO

STATEMENT OF NET POSITION
JUNE 30, 2024
Governmental
Activities
Business-Type
Activities Total
ASSETS:

Cash and investments $ 171,856,157 $ 46,734,254 $ 218,590,411 Restricted cash and investments - section 115 trust 17,208,215 - 17,208,215 Accounts, grants and taxes receivable 5,309,474 1,174,040 6,483,514 Notes receivable 7,647,226 554,422 8,201,648
Interest receivable 5,544,112 - 5,544,112
Allowance for uncollectible receivables (10,529,554) - (10,529,554) Leases receivable 1,477,529 1,754,396 3,231,925
Loans to Successor Agency 49,814 - 49,814
Internal balances 18,918,602 (18,918,602) -
Prepaid items 53,631 - 53,631
Capital assets not being depreciated 41,826,620 19,828,455 61,655,075 Capital assets, net of accumulated depreciation 87,063,031 37,605,534 124,668,565 TOTAL ASSETS 346,424,857 88,732,499 435,157,356
DEFERRED OUTFLOWS OF RESOURCES:

Deferred items related to pensions 26,448,233 1,159,274 27,607,507 Deferred items related to OPEB 2,050,154 258,871 2,309,025 TOTAL DEFERRED OUTFLOWS OF RESOURCES 28,498,387 1,418,145 29,916,532 LIABILITIES:

Accounts payable 4,846,094 2,132,344 6,978,438
Unearned revenue 894,472 - 894,472
Deposits payable 373,111 - 373,111
Noncurrent liabilities:

Long-term liabilities due within one year 4,688,247 139,082 4,827,329 Long-term liabilities due in more than one year:

Lease and SBITA payable 215,149 4,262 219,411
General, claims & compensated absences 9,873,393 59,397 9,932,790 Net pension liability 63,962,631 4,037,435 68,000,066
Net OPEB liability 3,808,119 484,635 4,292,754
TOTAL LIABILITIES 88,661,216 6,857,155 95,518,371
DEFERRED INFLOWS OF RESOURCES:

Deferred items related to pensions 1,532,575 582,419 2,114,994 Deferred items related to OPEB 111,326 14,058 125,384
Deferred items related to leases 1,378,064 1,579,556 2,957,620 TOTAL DEFERRED INFLOWS OF RESOURCES 3,021,965 2,176,033 5,197,998 NET POSITION:

Net investment in capital assets 128,507,020 57,420,625 185,927,645 Restricted for:

Housing 906,841 - 906,841
Public safety 210,491 - 210,491
Culture & leisure 9,819,559 - 9,819,559
Construction & maintenance 4,078,897 - 4,078,897
Planning & building 1,760,932 - 1,760,932
Capital projects 16,242,243 - 16,242,243
City transportation 7,017,270 - 7,017,270
Public, Educational and Governmental (PEG) fees 629,583 - 629,583 Hotel Del Coronado master plan 848,088 - 848,088
Library endowment:

Expendable 41,569 - 41,569
Nonexpendable 19,101 - 19,101
Unrestricted 113,158,469 23,696,831 136,855,300
TOTAL NET POSITION $ 283,240,063 $ 81,117,456 $ 364,357,519 Primary Government
See Notes to the Financial Statements
20 Attachment 1 City of Coronado Page 114

CITY OF CORONADO

STATEMENT OF ACTIVITIES
YEAR ENDED JUNE 30, 2024
Expenses Charges for Services
Operating
Contributions and
Grants
Capital Contributions
and Grants
Functions/Programs
Primary Government:

Governmental Activities:

General government $ 15,695,112 $ 2,757,421 $ 196,334 $ - Public safety 32,564,469 352,997 1,004,058 -
Construction and maintenance 15,962,601 616,311 1,611,317 291,427 Culture and leisure 12,340,351 1,587,053 1,715,951 -
Planning and building services 3,782,510 1,447,295 1,450 - Housing 6,503 168,000 - -
Total Governmental Activities 80,351,545 6,929,077 4,529,110 291,427 Business-Type Activities:

Wastewater Utility 8,142,956 8,705,908 - -
Golf Course 4,309,563 4,846,636 - -
Storm Drain 3,658,510 2,237,320 - -
Total Business-Type Activities 16,111,029 15,789,864 - - Total Primary Government $ 96,462,574 $ 22,718,941 $ 4,529,110 $ 291,427 Other
Program Revenues
General Revenues:

Taxes:

Property taxes, levied for general purpose
Transient occupancy taxes
Sales taxes
Franchise taxes
Real property transfer taxes
Use of money and property
Total General Revenues and Transfers
Change in Net Position
Net position beginning of the year
Net Position at End of Year
Transfers
See Notes to the Financial Statements.
21 Attachment 1 City of Coronado Page 115
Governmental Activities
Business-Type
Activities Total
$ (12,741,357) $ - $ (12,741,357)
(31,207,414) - (31,207,414)
(13,443,546) - (13,443,546)
(9,037,347) - (9,037,347)
(2,333,765) - (2,333,765)
161,497 - 161,497
(68,601,931) - (68,601,931)
- 562,952 562,952
- 537,073 537,073
- (1,421,190) (1,421,190)
- (321,165) (321,165)
(68,601,931) (321,165) (68,923,096)
41,874,992 - 41,874,992
21,358,089 - 21,358,089
4,875,464 - 4,875,464
1,709,653 - 1,709,653
483,128 - 483,128
9,298,258 3,045,964 12,344,222
151,578 - 151,578
(12,851,393) 12,851,393 -
66,899,769 15,897,357 82,797,126
(1,702,162) 15,576,192 13,874,030
284,942,225 65,541,264 350,483,489
$ 283,240,063 $ 81,117,456 $ 364,357,519
Net (Expenses) Revenues and Changes in Net Position
Primary Government
22 Attachment 1 City of Coronado Page 116

CITY OF CORONADO

BALANCE SHEET

GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2024
$ 118,697,505 $ 30,324,259 $ 22,834,393 $ 171,856,157
Restricted cash and investments - section 115 trust 17,208,215 - - 17,208,215 4,912,832 - 396,642 5,309,474
1,060,026 - 6,587,200 7,647,226
1,066,514 - 4,477,598 5,544,112
Allowance for uncollectible receivables (264,756) - (10,264,798) (10,529,554) 1,477,529 - - 1,477,529
49,814 - - 49,814
Advances to other funds 4,618,602 14,300,000 - 18,918,602 Due from other funds 12,594 - - 12,594
53,631 - - 53,631
$ 148,892,506 $ 44,624,259 $ 24,031,035 $ 217,547,800
Liabilities, Deferred Inflows and Fund Balances:
$ 4,081,511 $ 618,252 $ 146,331 $ 4,846,094
744,472 - 150,000 894,472
Deposits payable 327,075 - 46,036 373,111
Due to other funds - - 12,594 12,594
5,153,058 618,252 354,961 6,126,271
Deferred Inflows of Resources:

Unavailable revenue - - 156,330 156,330
Deferred items related to leases 1,378,064 - - 1,378,064 1,378,064 - 156,330 1,534,394
5,517,317 - 19,101 5,536,418
35,106,715 - 23,500,643 58,607,358
37,814,000 - - 37,814,000
20,904,454 44,006,007 - 64,910,461
43,018,898 - - 43,018,898
142,361,384 44,006,007 23,519,744 209,887,135
Total Liabilities, Deferred Inflows and Fund Balances $ 148,892,506 $ 44,624,259 $ 24,031,035 $ 217,391,470 Non-spendable
Restricted
Committed
Assigned
Unassigned
Total Fund Balances
Fund Balances:

Accounts, grants and taxes receivable
Notes receivable
Interest receivable
Loan to Successor Agency
Prepaid items
Leases receivable
Total Assets
Liabilities:

Accounts payable
Unearned revenue
Total Liabilities
Total Deferred Inflows of Resources
Cash and investments
General
Fund
Capital Projects
Fund
Non-Major
Governmental
Funds
Total
Governmental
Funds
Assets:

See Notes to the Financial Statements.
23 Attachment 1 City of Coronado Page 117

CITY OF CORONADO

RECONCILIATION OF THE BALANCE SHEET OF GOVERNMENTAL FUNDS

TO THE STATEMENT OF NET POSITION
JUNE 30, 2024
Fund balances of governmental funds $ 209,887,135
Amounts reported for governmental activities in the statement of net position are different because:

Capital assets net of depreciation have not been included as financial resources in governmental fund activity. 128,889,651
Deferred outflows related to:

Pension 26,448,233
OPEB 2,050,154 28,498,387
Long-term liabilities, compensated absences, and net pension & OPEB liabilities that have not been included in the governmental fund activity:

Claims liability (11,282,915)
Lease and SBITA liability (382,631)
Compensated absences (3,111,243)
Net pension liability (63,962,631)
Net OPEB liability (3,808,119) (82,547,539)
Deferred inflows related to:

Unavailable revenue 156,330
Pension (1,532,575)
OPEB (111,326) (1,487,571)
Net position of governmental activities $ 283,240,063
See Notes to the Financial Statements.
24 Attachment 1 City of Coronado Page 118

CITY OF CORONADO

STATEMENT OF REVENUES, EXPENDITURES,

AND CHANGES IN FUND BALANCES

GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2024
General Fund
$ 70,788,932 $ - $ - $ 70,788,932
784,031 - - 784,031
508,208 - 1,344,415 1,852,623
4,272,388 - 2,123,408 6,395,796
7,462,180 746,972 1,255,741 9,464,893
298,149 - - 298,149
1,970,241 - 353,736 2,323,977
134,081 - 68,302 202,383
86,218,210 746,972 5,145,602 92,110,784
Current:
13,799,796 - - 13,799,796
28,221,021 - 86,743 28,307,764
13,122,872 - 624,958 13,747,830
8,758,432 - 962,720 9,721,152
3,399,527 - 6,503 3,406,030
1,363,557 4,200,760 240,494 5,804,811
Debt service:

Principal 160,153 - - 160,153
Interest and fiscal charges 26,024 - - 26,024
68,851,382 4,200,760 1,921,418 74,973,560
17,366,828 (3,453,788) 3,224,184 17,137,224
11,803 12,716,440 - 12,728,243
(25,579,636) - - (25,579,636)
(25,567,833) 12,716,440 - (12,851,393)
(8,201,005) 9,262,652 3,224,184 4,285,831
Fund balance beginning of the year 150,562,389 34,743,355 20,295,560 205,601,304 $ 142,361,384 $ 44,006,007 $ 23,519,744 $ 209,887,135
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances, end of year
Planning and building services
Capital outlay
Total Expenditures
Excess (Deficiency) of Revenues Over (Under) Expenditures Other Financing Sources (Uses):

Transfers in
Culture and leisure
Intergovernmental
Charges for services
Use of money and property
Fines and forfeitures
Reimbursements
Miscellaneous
Total Revenues
Expenditures:

General government
Public safety
Construction and maintenance
Licenses and permits
Capital Projects
Fund
Non-Major
Governmental
Funds
Total
Governmental
Funds
Revenues:

Taxes
See Notes to the Financial Statements.
25 Attachment 1 City of Coronado Page 119

CITY OF CORONADO

RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES,

AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS

TO THE STATEMENT OF ACTIVITIES
YEAR ENDED JUNE 30, 2024
Net change in fund balances - total governmental funds $ 4,285,831 Amounts reported for governmental activities in the statement of activities are different because:

Governmental funds report capital outlays as expenditures. However, in the statement of activities, the costs of those assets is allocated over their estimated useful lives as depreciation expense. This is the amount by which capital outlays exceeded depreciation in the current period.

Capital asset acquisitions 5,762,321
Depreciation expense (4,708,463)
Disposal of capital assets (18,366) 1,035,492
Workers compensation and general claims expense reported in the statement of activities do not require the use of current financial resources and, therefore, are not reported as expenditures in governmental funds. (2,241,194) Compensated absences expenses reported in the statement of activities do not require the use of current financial resources and, therefore, are not reported as expenditures in governmental funds. (159,615)
Principal payment on long-term debt 160,153
Certain unavailable revenues that do not provide current financial resources are reported as deferred inflows of resources in the governmental funds. 156,330 Pension obligation expenses reported in the statement of activities do not require the use of current financial resources and, therefore, are not reported as expenditures in governmental funds. (4,668,006)
OPEB obligation expenses reported in the statement of activities do not require the use of current financial resources and, therefore, are not reported as expenditures in governmental funds. (271,153)
Change in net position of governmental activities $ (1,702,162) See Notes to the Financial Statements
26 Attachment 1 City of Coronado Page 120

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27 Attachment 1 City of Coronado Page 121

CITY OF CORONADO

STATEMENT OF NET POSITION

PROPRIETARY FUNDS
JUNE 30, 2024
Wastewater Utility
Golf
Course
Storm
Drain Totals
Assets:

Current:

Cash and investments $ 39,456,464 $ 7,276,910 $ 880 $ 46,734,254 Accounts, grants and taxes receivable 965,416 207,595 1,029 1,174,040 Leases receivable - 175,380 - 175,380
Total Current Assets 40,421,880 7,659,885 1,909 48,083,674 Noncurrent:

Leases receivable - 1,579,016 - 1,579,016
Notes receivable - 554,422 - 554,422
Capital assets not being depreciated 19,828,455 - - 19,828,455 Capital assets - net of accumulated depreciation 26,747,575 4,183,331 6,674,628 37,605,534 Total Noncurrent Assets 46,576,030 6,316,769 6,674,628 59,567,427 Total Assets 86,997,910 13,976,654 6,676,537 107,651,101 Deferred Outflows of Resources:

Deferred items related to pensions 397,711 556,541 205,022 1,159,274 Deferred items related to OPEB 83,209 129,435 46,227 258,871 Total Deferred Outflows of Resources 480,920 685,976 251,249 1,418,145 Liabilities:

Current:

Accounts payable and accrued liabilities 1,548,215 390,611 193,518 2,132,344 Accrued compensated absences 46,016 72,287 11,677 129,980 Lease payable - 9,102 - 9,102
Total Current Liabilities 1,594,231 472,000 205,195 2,271,426 Noncurrent:

Advances from other funds 18,144,043 - 774,559 18,918,602 Lease payable - 4,262 - 4,262
Accrued compensated absences 27,266 30,920 1,211 59,397 Net pension liability 1,406,918 2,035,974 594,543 4,037,435 Net OPEB liability 155,142 244,093 85,400 484,635
Total Noncurrent Liabilities 19,733,369 2,315,249 1,455,713 23,504,331 Total Liabilities 21,327,600 2,787,249 1,660,908 25,775,757 Deferred Inflows of Resources:

Deferred items related to pensions 198,455 273,709 110,255 582,419 Deferred items related to OPEB 4,519 7,028 2,511 14,058 Deferred items related to leases - 1,579,556 - 1,579,556 Total Deferred Inflows of Resources 202,974 1,860,293 112,766 2,176,033 Net Position:

Net investment in capital assets 46,576,030 4,169,967 6,674,628 57,420,625 Unrestricted 19,372,226 5,845,121 (1,520,516) 23,696,831 Total Net Position $ 65,948,256 $ 10,015,088 $ 5,154,112 $ 81,117,456 Business-Type Activities - Enterprise Funds
See Notes to the Financial Statements.
28 Attachment 1 City of Coronado Page 122

CITY OF CORONADO

STATEMENT OF REVENUES, EXPENSES

AND CHANGES IN NET POSITION

PROPRIETARY FUNDS
YEAR ENDED JUNE 30, 2024
Wastewater Utility
Golf
Course
Storm
Drain Totals
Operating Revenues:

Sewer user charges $ 6,191,133 $ - $ - $ 6,191,133
Navy sewer charges 1,535,709 - - 1,535,709
Reimbursements 585,661 - - 585,661
Green fees - 4,505,956 - 4,505,956
Rents and concessions - 273,025 - 273,025
Storm drain charges - - 632,659 632,659
Miscellaneous 393,405 67,655 1,604,661 2,065,721
Total Operating Revenues 8,705,908 4,846,636 2,237,320 15,789,864 Operating Expenses:

Operations:

Personnel services 1,461,752 1,744,598 718,592 3,924,942 Utilities 292,806 1,427,391 62,151 1,782,348
Maintenance and repair 3,051,094 369,315 202,819 3,623,228 Administration 482,817 390,235 15,901 888,953
Contract services 1,490,315 97,390 2,383,685 3,971,390
Depreciation 1,267,833 279,108 246,799 1,793,740
Total Operating Expenses 8,046,617 4,308,037 3,629,947 15,984,601 Operating Income (Loss) 659,291 538,599 (1,392,627) (194,737) Nonoperating Revenues (Expenses):

Interest revenue (loss) 2,126,106 473,215 12,747 2,612,068 Lease revenue - 433,896 - 433,896
Interest expense (96,339) (1,526) (28,563) (126,428)
Total Nonoperating Revenues (Expenses) 2,029,767 905,585 (15,816) 2,919,536 Income (Loss) Before Transfers 2,689,058 1,444,184 (1,408,443) 2,724,799 Transfers in 12,363,196 - 500,000 12,863,196
Transfers out (11,803) - - (11,803)
Total Transfers 12,351,393 - 500,000 12,851,393
Changes in Net Position 15,040,451 1,444,184 (908,443) 15,576,192 Net position beginning of the year 50,907,805 8,570,904 6,062,555 65,541,264 Net Position End of Fiscal Year $ 65,948,256 $ 10,015,088 $ 5,154,112 $ 81,117,456 Business-Type Activities - Enterprise Funds
See Notes to the Financial Statements.
29 Attachment 1 City of Coronado Page 123

CITY OF CORONADO

STATEMENT OF CASH FLOWS

PROPRIETARY FUNDS
YEAR ENDED JUNE 30, 2024
Wastewater
Utility
Golf
Course
Storm
Drain Totals
Cash Flows from Operating Activities:

Cash received from customers and users $ 8,566,010 $ 4,701,892 $ 2,237,526 $ 15,505,428 Cash received from other operating activities - 62,453 - 62,453 Cash paid to suppliers for goods and services (6,988,614) (2,192,649) (2,581,636) (11,762,899) Cash paid to employees for services (1,362,541) (1,622,251) (680,259) (3,665,051) Net Cash Provided (Used) by Operating Activities 214,855 949,445 (1,024,369) 139,931 Cash Flows from Non-Capital Financing Activities:

Principal paid on advances from other funds (274,762) - (219,901) (494,663) Interest paid on advances from other funds (96,339) - (28,563) (124,902) Transfer in from other funds 12,363,196 - 500,000 12,863,196 Transfers out to other funds (11,803) - - (11,803)
Net Cash Provided (Used) by Non-Capital Financing Activities 11,980,292 - 251,536 12,231,828 Cash Flows from Capital and Related Financing Activities:

Acquisition and construction of capital assets (9,464,144) (321,570) - (9,785,714) Proceeds from lease revenues - 394,727 - 394,727
Principal paid on lease liability (8,364) (8,364)
Interest paid on leases - (1,526) - (1,526)
Net Cash Provided (Used) by Capital and Related Financing Activities (9,464,144) 63,267 - (9,400,877)
Cash Flows from Investing Activities:

Interest received 2,126,106 473,215 12,747 2,612,068
Net Cash Provided (Used) by Investing Activities 2,126,106 473,215 12,747 2,612,068 Net Increase (Decrease) in Cash and Cash Equivalents 4,857,109 1,485,927 (760,086) 5,582,950 Cash and Cash Equivalents at Beginning of Year 34,599,355 5,790,983 760,966 41,151,304 Cash and Cash Equivalents at End of Year $ 39,456,464 $ 7,276,910 $ 880 $ 46,734,254 Reconciliation of Operating Income (Loss) to Net Cash Provided (Used) by Operating Activities:

Operating income (loss) $ 659,291 $ 538,599 $ (1,392,627) $ (194,737) Adjustments to reconcile operating income (loss) net cash provided (used) by operating activities:

Depreciation expense 1,267,833 279,108 246,799 1,793,740 (Increase) decrease in accounts receivable (139,898) (144,744) 206 (284,436) (Increase) decrease in notes receivable - 62,453 - 62,453 (Increase) decrease in deferred outflows from pensions 124,358 151,905 66,364 342,627 (Increase) decrease in deferred outflows from OPEB (25,661) (39,912) (14,255) (79,828) Increase (decrease) in accrued liabilities (1,671,582) 91,682 82,920 (1,496,980) Increase (decrease) in compensated absences (2,884) (3,214) (12,616) (18,714) Increase (decrease) in deferred inflows from pensions (15,344) (18,266) (7,552) (41,162) Increase (decrease) in deferred inflows from OPEB (1,132) (1,760) (629) (3,521) Increase (decrease) in net pension liability (17,921) (25,198) (13,976) (57,095) Increase (decrease) in net OPEB liability 37,795 58,792 20,997 117,584 Total Adjustments (444,436) 410,846 368,258 334,668
Net Cash Provided (Used) by Operating Activities $ 214,855 $ 949,445 $ (1,024,369) $ 139,931 Business-Type Activities - Enterprise Funds
See Notes to the Financial Statements.
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31 Attachment 1 City of Coronado Page 125

CITY OF CORONADO

STATEMENT OF FIDUCIARY NET POSITION

FIDUCIARY FUNDS
JUNE 30, 2024
Private Purpose Trust
Fund
Successor Agency of
the Former
Community
Development Agency
Assets:

Cash and investments $ 30,263,871
Interest receivable 153,587
Land 20,083,920
Total Assets 50,501,378
Liabilities:

Accounts payable 5,571
Interest payable 1,044,376
Long-term liabilities:

Due in one year 8,577,170
Due in more than one year 63,559,114
Total Liabilities 73,186,231
Deferred Inflows of Resources:

Deferred charges on refunding 697,212
Total Deferred Inflows of Resources 697,212
Net Position:

Held in trust for other purposes (23,382,065)
Total Net Position (Deficit) $ (23,382,065)
See Notes to the Financial Statements.
32 Attachment 1 City of Coronado Page 126

CITY OF CORONADO

STATEMENT OF CHANGES IN FIDUCIARY NET POSITION

FIDUCIARY FUNDS
YEAR ENDED JUNE 30, 2024
Private Purpose
Trust Fund
Successor Agency
of the Former
Community
Development
Agency
Additions:

Taxes $ 22,108,672
Interest revenue 567,623
Changes in fair value of investments 67,605
Total Additions 22,676,295
Deductions:

Contractual services 316,696
Interest expense 2,194,251
Total Deductions 2,510,947
Changes in Net Position 20,165,348
Net position (deficit) beginning of the year (43,547,413) Net Position (Deficit) - End of the Year $ (23,382,065) See Notes to the Financial Statements.
33 Attachment 1 City of Coronado Page 127

CITY OF CORONADO

NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED JUNE 30, 2024
Note 1: REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES:
a. Reporting Entity:

The reporting entity, “City of Coronado” includes the accounts of the City, the Coronado Improvement Corporation (CIC), and the Coronado Financing Authority (CFA).

The City of Coronado was incorporated on December 12, 1890, as a general law city and operates under a council/manager form of government.

The Coronado Improvement Corporation (CIC) was organized on November 27, 1981, under the Non-Profit Public Benefit Corporation Law, State of California, for the purpose of providing financial assistance to the City of Coronado by acquiring, constructing, improving, and developing certain facilities for the collection, treatment and disposal of sewage, waste and wastewater within and outside the City. Separate financial statements for the CIC are not issued.

The Coronado Financing Authority (CFA) is a joint powers authority, organized pursuant to a Joint Exercise of Powers Agreement, dated as of January 1, 1990 (the “Joint Powers Agreement”) by and between its members, and the Coronado Unified School District (District), and amended on September 1, 1992, to include the City as a member. The Joint Powers Agreement was entered into pursuant to the provisions of the California Government Code.

The CFA is a separate entity constituting a public instrumentality of the State of California and was formed for the public purpose of assisting in financing and refinancing public capital improvements for a member through the purchase by the CFA of a member agency’s bonds pursuant to bond purchase agreements, and/or the loan of funds to a member. The board of directors is composed of two members from the City Council, and one member from the District board. Separate financial statements for CFA are not issued and, therefore, each member includes in its financial statements the accounts and transactions pertaining to its debt issuances through the CFA.

The criteria used in determining the scope of the reporting entity are based on the provisions of GASB Statement No. 61 “The Financial Reporting Entity: Omnibus-an amendment of GASB Statements No. 14 and No. 34”. The City of Coronado is the primary governmental unit. Component units are those entities that are financially accountable to the primary governmental unit either because the City appoints a voting majority of the component unit Board, or because the component unit provides financial benefit or imposes a financial burden on the City. The City has accounted for CIC and CFA as “blended” component units. Despite being legally separate, these units are so intertwined with the City that they are in substance, part of the City’s operations. Accordingly, the balances and transactions of the CIC and the CFA are included in the Special Revenue, Capital Project, and Enterprise Funds.
34 Attachment 1 City of Coronado Page 128

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 1: REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES (Continued):

The following specific criteria were used in determining that the CIC and the CFA were blended component units:
1) The members of the City Council appoint the members of the governing body of CIC.

City employees manage CIC and provide all support functions for CIC including financial reporting and investment decisions.
2) Two of the three board members of CFA are members of the City Council. The sole function of the CFA is to issue bonds on behalf of its members. The CFA is managed by employees of the City.
b. Financial Statement Presentation, Measurement Focus, and Basis of Accounting:

The basic financial statements of the City are composed of the following:
• Government-wide financial statements
• Governmental fund financial statements
• Proprietary fund financial statements
• Fiduciary fund financial statements
• Notes to the financial statements
Government-Wide Financial Statements:

The government-wide financial statements (i.e., the Statement of Net Position and the Statement of Activities) report information on all of the activities of the City. For the most part, the effect of inter-fund activity has been removed from these statements.

Governmental activities, which normally are supported by taxes and intergovernmental revenues, are reported separately from business-type activities, which rely to a significant extent on fees and charges for support. The government-wide financial statements do not include fiduciary funds activities.

The Statement of Activities demonstrates the degree to which the direct expenses of a given function are offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function. Program revenues include 1) charges to customers who purchase, use, or directly benefit from goods, services, or privileges provided by a given function and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular function. Taxes and other items not properly included among program revenues are reported as general revenues. 35 Attachment 1 City of Coronado Page 129

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 1: REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES (Continued):

Governmental Fund Financial Statements:

The accounting system of the City is organized and operated on the basis of separate funds, each of which is considered a separate accounting entity. Each fund is accounted for by providing a separate set of self-balancing accounts that constitute its assets, liabilities, fund equity, revenues, and expenditures. Governmental resources are allocated to and accounted for in individual funds based upon the purposes for which they are to be spent and the means by which spending activities are controlled.

Governmental fund financial statements for the City’s governmental funds are presented after the government-wide financial statements. These statements include a Balance Sheet and a Statement of Revenues, Expenditures, and Changes in Fund Balances for all major funds individually and non-major funds in aggregate.

Proprietary Fund Financial Statements:

Proprietary fund financial statements include a Statement of Net Position, a Statement of Revenues, Expenses and Changes in Net Position, and a Statement of Cash Flows for each major proprietary fund.

Fiduciary Fund Financial Statements:

Fiduciary fund financial statements include a Statement of Fiduciary Net Position and a Statement of Changes in Fiduciary Net Position. The City’s fiduciary funds represent private-purpose trust funds and are accounted for on the economic resources measurement focus and the accrual basis of accounting.

The following are the types of funds used by the City:

GOVERNMENTAL FUNDS:

General Fund:

The General Fund is used to account for all revenues and activities financed by the City that are not required to be accounted for in another fund.

Special Revenue Funds:

Special revenue funds are used to account for the proceeds of specific revenue sources that are legally restricted to expenditure for specified purposes. 36 Attachment 1 City of Coronado Page 130

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 1: REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES (Continued):

Capital Projects Funds:

Capital projects funds are used to account for financial resources to be used for the acquisition or construction of major property equipment or facilities (other than those financed by the proprietary funds).

Permanent Funds:

Permanent funds are used to report resources that are legally restricted to the extent that only earnings, and not principal, may be used for purposes that support the City’s programs, that is, for the benefit of the City or its citizenry. All of the City’s permanent funds are to be used to support the City’s Library.

PROPRIETARY FUNDS:

Enterprise Funds:

Enterprise funds are used to account for operations that are (a) financed and operated in a manner similar to private business enterprises – where the intent of the governing body is that the costs (expenses, including depreciation) of providing goods or services to the general public on a continuing basis be financed or recovered primarily through user charges; or (b) where the governing body has decided that periodic determination of revenues earned, expenses incurred, and/or net income is appropriate for capital maintenance, public policy, management control, accountability, or other purposes.

FIDUCIARY FUNDS:

Private-Purpose Trust Fund:

Private-Purpose Trust Fund accounts for the assets and liabilities of the former Community Development Agency (CDA) and are allocated revenue to pay estimated installment payments of enforceable obligations until obligations of the former redevelopment agency are paid in full and assets have been liquidated.

The City’s major governmental funds are as follows:

The General Fund is used to account for and report all financial resources of the City except those required to be accounted for in another fund.

The Capital Projects Fund accounts for the construction and purchase of major City infrastructure, capital assets, and facilities replacement. 37 Attachment 1 City of Coronado Page 131

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 1: REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES (Continued):

The City’s major proprietary funds are as follows:

The Wastewater Utility Enterprise Fund accounts for the provision of sewer service to the residents and military installations of the City. All activities necessary to provide such services are accounted for in this fund including, but not limited to, administration, operation, maintenance, construction, financing, and related debt service.

The Golf Course Enterprise Fund accounts for the provision of an 18-hole golf course facility to the general public. All activities necessary to provide such services are accounted for in this fund including, but not limited to, administration, operation, maintenance, and construction.

The Storm Drain Enterprise Fund accounts for the provision of storm drain service to the residents of the City. All activities necessary to provide such services are accounted for in this fund including, but not limited to, administration, operation, maintenance, construction, financing, and related debt service.

Measurement Focus:

Measurement focus is a term used to describe which transactions are recorded within the various financial statements. Basis of accounting refers to when transactions are recorded regardless of the measurement focus applied. In the government-wide Statement of Net Position and the Statement of Activities, activities are presented using the economic resources measurement focus. Under the economic resources measurement focus, all (both current and long-term) economic resources and obligations of the City are reported.

In the fund financial statements, all governmental funds are accounted for on a spending or “financial flow” measurement focus, meaning that only current assets and current liabilities are included on their balance sheets. Their reported fund balances (net current assets) are considered a measure of “available spendable resources.” Governmental fund operating statements present increases (revenues and other financing sources) and decreases (expenditures and other financing uses) in net current assets. Accordingly, they are said to present a summary of sources and uses of available spendable resources during a period.

Noncurrent portions of long-term receivables are reported on the governmental fund balance sheets in spite of their measurement focus. However, special reporting treatments are used to indicate that they should not be considered “available spendable resources” since they do not represent net current assets. Recognition of governmental fund type revenue represented by non-current receivables are unavailable until they become current receivables. Noncurrent portions of other long-term receivables are offset by fund balance reserve amounts. Revenues, expenses, gains, losses, assets, and liabilities resulting from non-exchange transaction are recognized in accordance with the requirements of GASB Statement No. 33 “Accounting and Financial Reporting for Non-exchange Transactions”. 38 Attachment 1 City of Coronado Page 132

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 1: REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES (Continued):

Because of their spending measurement focus, expenditure recognition for governmental fund types excludes amounts represented by non-current liabilities. Since they do not affect net current assets, such long-term amounts are not recognized as governmental fund type expenditures or fund liabilities.

Amounts expended to acquire capital assets are recorded as expenditures in the year that resources were expended, rather than as a fund asset. The proceeds of long-term debt are recorded as other financing sources rather than as a fund liability. Amounts paid to reduce long-term indebtedness are reported as fund expenditures.

Proprietary funds are accounted for using the economic resources measurement focus.

Accordingly, all assets and liabilities (whether current or non-current) are included on the Statement of Net Position. The Statement of Revenues, Expenses and Changes in Fund Net Position present increases (revenues) and decreases (expenses) in total Net Position.

Operating revenues in the proprietary funds are those revenues that are generated from the primary operations of the fund. All other revenues are reported as non-operating revenues.

Operating expenses are those expenses that are essential to the primary operations of the fund. All other expenses are reported as non-operating expenses.

When both restricted and unrestricted resources are combined in a fund, expenses are considered to be paid first from restricted resources, and then from unrestricted resources.

Basis of Accounting:

In the government-wide Statement of Net Position and Statement of Activities, the governmental activities and business type activities are presented using the accrual basis of accounting. Under the accrual basis of accounting, revenues are recognized when earned and expenses are recorded when the liability is incurred or the economic asset used, regardless of the timing of related cash flows. Revenues, expenses, gains, losses, assets, and liabilities resulting from exchange and exchange-like transactions are recognized when the exchange takes place.

In the governmental fund financial statements, governmental funds are presented using the modified-accrual basis of accounting. Revenues are recognized when they become measurable and available as net current assets. Measurable means that the amounts can be estimated, or otherwise determined. Available means that the amounts were collected during the reporting period or soon enough thereafter to be available to finance the expenditures accrued for the reporting period. Accrued revenues include property taxes, taxpayer assessed taxes such as sales tax and transient occupancy taxes, and earnings on investments expected to be received within 60 days after year-end. Grant funds earned but not received are recorded as a receivable, and revenue is recognized because funds are expected to be received in accordance with grant contracts. 39 Attachment 1 City of Coronado Page 133

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 1: REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES (Continued):

Grant funds received before the revenue recognition criteria have been met are reported as unearned revenues. Expenditures are recorded when the fund liability is incurred, if measurable, except for future interest on general long-term debt, which is recognized when due.

Proprietary, other post-employment benefit trust, and private-purpose trust fund types are accounted for on the accrual basis of accounting. Revenues in these funds are recognized when earned and expenses are recognized when the liability has been incurred. Unbilled wastewater fees are accrued at year-end.
c. Cash and Investments:

The City’s cash and cash equivalents are considered to be cash on hand, demand deposits, and short-term investments with original maturities of three months or less from the date of acquisition. For financial statement presentation purposes, cash and cash equivalents are shown as unrestricted cash and investments in the proprietary funds.

Investments are stated at fair value (quoted market price or best available estimate thereof).

A substantial portion of the City’s investments are in short-term, highly liquid instruments, with original maturities of three months or less. For purposes of the Statement of Cash Flows, all cash and investments held by the enterprise funds (including restricted cash and investments) are considered to be short-term and, accordingly, are classified as cash and cash equivalents. In addition, the City did not participate in non-cash investing, capital or financing activities for the year ended June 30, 2024, which would require disclosure on the statement of cash flows.
d. Prepaid Items:

Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items in both the government-wide and fund financial statements. The cost of prepaid items is recorded as expenditures/expenses when consumed rather than when purchased.
40 Attachment 1 City of Coronado Page 134

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 1: REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES (Continued):
e. Capital Assets:

The City’s capital assets, including infrastructure (e.g. roads, bridges, traffic signals, and similar items) are capitalized at historical costs or estimated historical costs. The City policy has set the capitalization threshold for reporting capital assets as follows:

Art and collections $25,000
Buildings and improvements 50,000
Equipment, except vehicles with vehicle identification numbers 10,000 Vehicles with vehicle identification numbers 10,000
Infrastructure 50,000
Right to use assets/subscription 10,000
Gifts or contributions of capital assets are recorded at acquisition value when received.

Depreciation is recorded on a straight-line basis over the useful lives of the assets as follows:

Buildings 50 years
Improvements other than buildings 30-50 years
Vehicles and equipment 5-50 years
Infrastructure 30-60 years
Right to use assets/subscription Shorter of useful life or life of the lease
The cost of normal maintenance and repairs that do not add to the value of the assets or materially extend asset lives are not capitalized. Construction in progress costs are capitalized and transferred to their respective capital asset category upon completion of the project.
f. Deferred Outflow/Inflow of Resources:

In addition to assets, the statements of net position and governmental funds balance sheet will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net position that applies to a future period(s) and will not be recognized as an outflow of resources (expense/ expenditure) until then. The City has items that qualify for reporting in this category. Deferred outflows relate to the net pension and OPEB liability reported in the government-wide and proprietary statement of net position. These outflows are the result of the net difference between projected and actual earnings on pension plan investments, difference between expected and actual experience, contributions made after the measurement period, which are expensed in the following year, adjustments due to difference in proportions, the difference between actual contributions made and the proportionate share of contributions to the risk pool, and change of assumptions. 41 Attachment 1 City of Coronado Page 135

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 1: REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES (Continued):

In addition to liabilities, the statements of net position, the governmental funds balance sheet, and statement of fiduciary net position will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net position that applies to a future period(s) that will not be recognized as an inflow of resources (revenue) until that time. The deferred inflows relating to the net pension and OPEB liability reported in the government-wide and proprietary statement of net position. These inflows are the result of the changes in assumptions, difference between expected and actual experiences, difference between actual contributions made and the proportionate share of contributions to the risk pool, and changes of assumptions. The third relates to deferred charges on refunding tax allocation bonds reported in the statement of fiduciary net position. The fourth relates to unavailable revenues associated with lease receivables that the City is a party to. g. Claims and Judgments:

When it is probable that a claim liability has been incurred at year-end, and the amount of the loss can be reasonably estimated, the City records the estimated loss, net of any insurance coverage under its self-insurance program in the government-wide statements.

For fiscal year 2023-24, the City contracted with an independent actuary to determine the estimated long-term and short-term self-insured workers’ compensation program. Claims and judgment liabilities are expected to be liquidated by the General Fund in future periods. h. Pension:

For purposes of measuring the net pension liability and deferred outflows/inflows or resources relating to pensions and pension expense, information about the fiduciary net position of the City’s pension plan with CalPERS and additions to/deductions from the plan’s fiduciary net position have been determined on the same basis as they are reported by CalPERS. For this purpose, benefit payments (including refunds of employee contributions) are recognized when due and payable in accordance with the benefits terms.

Investments are reported at fair value.

GASB 68 requires that the reported results must pertain to liability and asset information within certain defined timeframes. For this report, the following timeframes are used.

Valuation Date (VD) June 30, 2022
Measurement Date (MD) June 30, 2023
Measurement Period (MP) July 1, 2022, to June 30, 2023
42 Attachment 1 City of Coronado Page 136

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 1: REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES (Continued):

The obligations for the net pension liability are primarily liquidated from the General Fund.

There is no fixed payment schedule for this liability.
i. Other Post-employment Benefits (OPEB)
For purposes of measuring the net OPEB liability, deferred outflows of resources and deferred inflows of resources related to OPEB, and OPEB expense, information about the fiduciary net position of the City’s OPEB plan and additions to/deductions from the OPEB plan’s fiduciary net position have been determined on the same basis. For this purpose, benefit payments are recognized when currently due and payable in accordance with the benefit terms. Investments are reported at fair value.

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

Valuation Date June 30, 2023
Measurement Date June 30, 2023
Measurement Period July 1, 2022, to June 30, 2023
The obligations for the OPEB liability are primarily liquidated from the General Fund.

There is no fixed payment schedule for this liability.
j. Fair Value Measurements:

Certain assets and liabilities are required to be reported at fair value. The fair value framework provides a hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The hierarchy level of an asset or liability is based on the lowest level of input that is significant to the fair value measurement. Valuation techniques used need to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels of fair value hierarchy are described as follows:

Level 1 – Inputs to the valuation methodology are unadjusted quoted prices for identical assets or liabilities in active markets.
43 Attachment 1 City of Coronado Page 137

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 1: REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES (Continued):

Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, and fair value is determined through the use of models or other valuation methodologies including:
• Quoted prices for similar assets or liabilities in active markets; • Quoted prices for identical or similar assets or liabilities in markets that are inactive; • Inputs other than quoted prices that are observable for the asset or liability; and • Inputs that are derived principally from or corroborated by observable market data by correlation or other means.

Level 3 – Inputs to the valuation methodology are unobservable and significant to the fair value measurement. These unobservable inputs reflect the City’s own assumptions about the inputs market participants would use in pricing the asset or liability (including assumptions about risk). These unobservable inputs are developed based on the best information available in the circumstance.

The determination of what constitutes observable requires judgment by the City’s management. City management considers observable data to be that market data, which is readily available, regularly distributed or updated, reliable, and verifiable, not proprietary, and provided by multiple independent sources that are actively involved in the relevant market. The categorization of an investment or liability within the hierarchy is based upon the relative observability of the inputs to its fair value measurement and does not necessarily correspond to City management’s perceived risk of that investment or liability. k. Fund Balance Flow Assumption:

Sometimes the City will fund outlays for a particular purpose from both restricted and unrestricted resources (the total of committed, assigned, and unassigned fund balance). In order to calculate the amounts to report as restricted, committed, assigned, and unassigned fund balance in the governmental fund financial statements a flow assumption must be made about the order in which the resources are considered to be applied. It is the City’s policy to consider restricted fund balance to have been depleted before using any of the components of unrestricted fund balance. Further, when the components of unrestricted fund balance can be used for the same purpose, committed fund balance is depleted first, followed by assigned fund balance. Unassigned fund balance is applied last. 44 Attachment 1 City of Coronado Page 138

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 1: REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES (Continued):
l. Net Position Flow Assumption:

Sometimes the government will fund outlays for a particular purpose from both restricted (e.g., restricted bond or grant proceeds) and unrestricted resources. In order to calculate the amounts to report as restricted – net position and unrestricted – net position in the government-wide and proprietary fund financial statements, a flow assumption must be made about the order in which the resources are considered to be applied. It is the government’s policy to consider restricted – net position to have been depleted before unrestricted – net position is applied.
m. Fund Balance Policies:

In the fund financial statements, governmental funds report the following fund balance classification:
• Non-spendable - includes amounts that cannot be spent because they are either (a) not in spendable form or (b) legally or contractually required to be maintained intact. • Restricted - includes amounts that are constrained on the use of resources by either (a) external creditors, grantors, contributors, or laws of regulations of other governments or (b) by law through constitutional provisions or enabling legislation. • Committed - includes amounts that can only be used for specific purposes pursuant to constraints imposed by formal action of the City’s highest authority, the City Council. The formal action that is required to be taken to establish, modify, or rescind a fund balance commitment is a resolution.
• Assigned - includes amounts that are constrained by the City’s intent to be used for specific purposes but are neither restricted nor committed. The City Manager is authorized to assign amounts to a specific purpose, which was established by the governing body through Resolution Number 8556.
• Unassigned - includes the residual amounts that have not been restricted, committed, or assigned to specific purposes.

An individual governmental fund could include non-spendable resources and amounts that are restricted, committed, or assigned or any combination of these classifications. The General Fund is the only fund that reports positive unassigned fund balance amount. 45 Attachment 1 City of Coronado Page 139

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 1: REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES (Continued):
n. Committed Fund Balance:
• Emergency Response and Economic Stabilization – The City committed a reserve equal to six months of General Fund expenditures and transfers to provide emergency response and/or economic stabilization. The collected amount of committed funds for emergency response and economic stabilization may be utilized in the event of a locally proclaimed emergency, which shall mean the actual or threatened existence of conditions of disaster or of extreme peril to the safety of persons and property within this City caused by such conditions as air pollution, fire, flood, storm, epidemic, riot, or earthquake, or other conditions, including conditions resulting from war or imminent threat of war, but other than conditions resulting from a labor controversy, which conditions are or are likely to be beyond the control of the services, personnel, equipment, and facilities of this City, requiring the combined forces of other political subdivisions to combat. In addition, these funds may be utilized if there is a finding made of an unforeseen loss of at least 5% of budgeted transient occupancy or current property tax revenue or an unanticipated expenditure(s) of at least 5% of budgeted expenditures. On June 30, 2024, the amount of the commitment for emergency response and economic stabilization totals $33,314,000. • Future Capital Project – For fiscal year 2023-24, the city committed $4,000,000 for future capital improvement projects. The committed fund balance for capital improvements projects may only be reduced or increased by City Council action taken as part of the adoption or adjustment of the City’s annual budget. • Historic Preservation – For fiscal year 2023-24, the City committed $500,000 for future property tax reductions which have resulted from Mills Act agreements. The committed fund balance for historic preservation may be reduced or increased by City Council action taken as part of the adoption or adjustment of the City’s annual budget or reduced without further City Council action for the following reasons:
1) In the event of a proclaimed local emergency.
2) If there is an unforeseen loss of 5% or more in total General Fund actual revenues in comparison with the budgeted revenues for any subsequent year to fiscal year 2023-24.
3) If the actual amount of Current Property Tax Revenues, in any subsequent year to fiscal year 2023-24, is less than the highest amount of Current Property Tax Revenues over the previous ten-year period.
46 Attachment 1 City of Coronado Page 140

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 1: REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES (Continued):
o. In the government-wide financial statements, Net Position is classified in three components – net investment in capital assets; restricted; and unrestricted. These classifications are defined as follows:
• Net investment in Capital Assets – this component of Net Position consists of capital assets, including restricted capital assets, net of accumulated depreciation and reduced by the outstanding balances of any bonds, mortgages, notes, or other borrowings that are attributable to the acquisition, construction, or improvement of those assets. If there are significant unspent related debt proceeds at year-end, the portion of the debt attributable to the unspent proceeds is not included in the calculation of investment in capital assets. Rather, that portion of the debt is included in the same Net Position component as the unspent proceeds.
• Restricted – This component of Net Position consists of constraints placed on net position use through external constraints imposed by creditors (such as through debt covenants), grantors, contributors, or laws or regulations of other governments or constraints imposed by law through constitutional provisions or enabling legislation. • Unrestricted Net Position – This component of Net Position consists of amounts that do not meet the definition of “restricted” or “investment in capital assets.” p. Property Taxes:

Under California law, property taxes are assessed and collected by the counties up to 1% of assessed value, plus other increases approved by the voters. The property taxes go into a pool and are then allocated to the cities based on complex formulas.

Accordingly, the City of Coronado accrues only those taxes, which are received within 60 days after year-end.

Lien Date January 1
Levy Date June 30
Due Date November 1 and February 1
Collection Date December 10 and April 10
47 Attachment 1 City of Coronado Page 141

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 1: REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES (Continued):
q. Program Revenues:

Amounts reported as program revenues include 1) charges to customers or applicants who purchase, use, or directly benefit from goods, services, or privileges provided by a given function or segment and 2) grants and contributions (including special assessments) that are restricted to meeting the operational or capital requirements of a particular function or segment. All taxes, including those dedicated for specific purposes, and other internally dedicated resources are reported as general revenues rather than as program revenues. r. Use of Estimates:

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities and deferred inflows/outflows of resources and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenditures/expenses during the reporting period. Actual results could differ from those estimates.
s. Advances to Other Funds:

Long-term inter-fund advances are recorded as a receivable and as non-spendable in fund balance by the advancing governmental fund type.
t. Proprietary Funds Operating and Non-operating Revenues and Expenses:

Proprietary funds distinguish operating revenues and expenses from non-operating items.

Operating revenues and expenses result from providing services and producing and delivering goods in connection with a proprietary fund’s principal ongoing operations. The principal operating revenues of the Wastewater Fund, Golf Course Fund, and Storm Drain Fund are charges to customers for sales and services. The wastewater fund also recognizes as operating revenue the portion of fees intended to recover the cost of connecting new customers to the sewer system. Operating expenses for enterprise funds include the cost of sales and services, administrative expenses, and depreciation on capital assets. All revenues and expenses not meeting this definition are reported as non-operating revenues and expenses.
48 Attachment 1 City of Coronado Page 142

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 1: REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES (Continued):
u. Leases
The City accounts for leases in accordance with GASB Statement No 87, Leases, based on the principle that leases are financing of the right to use asset. The primary objective of this statement is to enhance the relevance and consistency of information about governments’ leasing activities. This statement establishes a single model for lease accounting based on the principle that leases are financings of the right-to-use an underlying asset. Under this statement, a lessee is required to recognize a lease liability and an intangible right-to-use asset, and a lessor is required to recognize a lease receivable and a deferred inflow of resources. For additional information, refer to the disclosures in Note 5 Leases Receivable and Note 8 Long-Term Obligations.

At the commencement of the lease, the City initially measures the lease receivable at the present value of payments expected to be received during the lease term. Subsequently, the lease receivable is reduced by the principal portion of lease payments received. The deferred inflow of resources is initially measured as the initial amount of the lease receivable, adjusted for lease payments received at or before the lease commencement date.

Subsequently, the deferred inflows of resources are recognized as revenue over the life of the lease term.

Key estimates and judgments include how the City determines the discount rate it uses to discount the expected lease receipts to present value, lease term, and lease receipts.

The City used the estimated incremental borrowing rate as the discount rate for leases. The lease term includes the non-cancellable period of the lease. Lease receipts include the measurement of the lease receivable and are composed of fixed payments from the lease.

The City monitors changes in circumstances that would require a remeasurement of its leases and will remeasure the lease receivable and deferred inflows of resources if certain changes occur that are expected to significantly affect the amount of the lease receivable. v. Subscription-Based Information Technology (IT) Arrangements The City is a participant in subscription-based IT arrangements as detailed in Note 8 – Long-Term Debt Obligations. The City recognizes a subscription-based IT payable and right to use IT assets in the financial statements.

At the commencement of the arrangement, the City initially measures the payable at the present value of payments expected to be paid during the arrangement term. Subsequently, the payable is reduced by the principal portion of payments made. The right to use assets are initially measured at the initial amount of the subscription-based IT payable.

Subsequently, the right to use assets are amortized over the life of the arrangement term, 49 Attachment 1 City of Coronado Page 143

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 2: CASH AND INVESTMENTS
Cash and investments at June 30, 2024, are reported in the accompanying basic financial statements as follows:

Cash and investments at June 30, 2024, consisted of the following:

Deposits:

At June 30, 2024, the carrying amount of the City’s demand deposits was $3,631,615 and the bank balances were $5,055,716. The $1,424,101 difference represents outstanding checks, deposits in transit, and other reconciling items.

Investment Authorized by the California Government Code and the City’s Investment Policy:

The table on the next page identifies the investment types that are authorized for the City by the California Government Code (or the City’s investment policy, where more restrictive). The table also identifies certain provisions of the California Government Code (or the City’s investment policy, where more restrictive) that address interest rate risk, credit risk, and concentration of credit risk. This table does not address investments of debt proceeds held by bond trustees that are governed by the provisions of debt agreements of the City, rather than the general provisions of the California Government Code or the City’s investment policy or investments held by CalPERS or investments held by multi-employer trust in accordance with Section 115 of the Internal Revenue Code.

$ 12,400
3,631,614
262,418,483
$ 266,062,497
Demand accounts
Petty Cash
Investments
Total Cash and Investments
Governmental
Activities
Business-Type
Activities
Fiduciary
Funds Total Fair Value
Cash and investments $ 171,856,157 $ 46,734,254 $ 30,263,871 $ 248,854,282 Restricted cash and investments 17,208,215 - - 17,208,215 Total Cash and Investments $ 189,064,372 $ 46,734,254 $ 30,263,871 $ 266,062,497 50 Attachment 1 City of Coronado Page 144

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 2: CASH AND INVESTMENTS (Continued):

Maximum
Amount or Maximum
Maximum Percentage Investment
Authorized Investment Type Maturity Allowed in One Issuer U.S. Treasury Bills, Bonds, and Notes 5 years None None U.S. Government Agency Obligations 5 years None None
State of California Registered,Notes 5 years None None
Warrants, or Bonds
Registered Notes or Bonds of
Other Municipalities None None None
Negotiable Certificates of Deposit 5 years 30% N/A
Time Deposits 5 years N/A N/A
Medium-Term Notes 5 years 30% 5%
Commercial Paper 270 days 25% 10%
Bankers Acceptances 180 days 40% 30%
Repurchase Agreements 1 year None None
Local Agency Investment Funds (LAIF) N/A None None
County of San Diego Investment Pool N/A None None
Joint Powers Authority Shares
of Beneficial Interest N/A None None
Money Market Funds
N/A=Not Applicable
N/A 20% 10%
Investment Authorized by Debt Agreements:

Investment of debt proceeds held by bond trustee is governed by provisions of the debt agreements, rather than the general provisions of the California Government Code or the City’s investment policy. Investments authorized for funds held by bond trustee include U.S.

Treasury Obligations, Federal Agency Securities, Certificates of Deposits, Commercial Paper, Local Agency Bonds, Bankers’ Acceptance, Money Market Mutual Funds, Investment Contracts and Repurchase Agreements. There were no limitations on the maximum amount that can be invested in one issuer, maximum percentage allowed or the maximum maturity of an investment.

Disclosures Relating to Interest Rate Risk:

Interest rate risk is the risk that changes in market interest rates will adversely affect the fair value of an investment. The longer the maturity of an investment the greater the sensitivity of its fair value to changes in market interest rates. One of the ways that the City manages its exposure to interest rate risk is by purchasing a combination of shorter term and longer-term investments and by timing cash flows from maturities so that a portion of the portfolio matures or comes close to maturity evenly over time as necessary to provide the cash flow and liquidity needed for operations.
51 Attachment 1 City of Coronado Page 145

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 2: CASH AND INVESTMENTS (Continued):

Information about the sensitivity of the fair values of the City’s investments (including investments held by bond trustee) to market interest rate fluctuations is provided by the following table that shows the distribution of the City’s investments by maturity:

Disclosure Relating to Credit Risk:

Credit risk is the risk that the issuer of an investment will not fulfill its obligation to the maturing of the investment. This risk is measured by the assignment of a rating by a nationally recognized statistical rating organization. Presented below is the minimum rating required by (where applicable) the California Government Code, the City’s investment policy, or debt agreements, and the actual rating as of year-end for each investment type:

Concentration of Credit Risk:

The investment policy of the City contains no limitations on the amount that can be invested in any one issuer beyond that stipulated by the California Government Code. CalPrivate Bank is one investment in any one issuer that represents 5% or more of the total City’s investments.

Investment Type
12 Months
or Less
1 to 2
Years
3 to 5
Years Total
Local Agency Investment Funds $ 74,794,049 $ - $ - $ 74,794,049 CAMP JPA Pool 70,988,398 - - 70,988,398
U.S. Treasury Securities 40,695,799 - - 40,695,799
Money Market Mutual Funds 16,798,959 - - 16,798,959
Certificates of Deposit 20,487,161 - - 20,487,161
Mutual Funds 17,208,215 - - 17,208,215
San Diego Investment Pool 21,445,902 - - 21,445,902
Total $ 262,418,483 $ - $ - $ 262,418,483
Remaining Maturity
Exempt from
Investment Disclosure AAA
Local Agency Investment Funds $ 74,794,049 N/A $ - $ - $ 74,794,049 CAMP JPA Pool 70,988,398 N/A - 70,988,398 -
U.S. Treasury Securities 40,695,799 N/A 40,695,799 - -
Money Market Mutual Funds 16,798,959 A - 16,798,959 -
Certificates of Deposit 20,487,161 N/A - - 20,487,161
Mutual Funds 17,208,215 N/A - - 17,208,215
San Diego Investment Pool 21,445,902 N/A - 21,445,902 - Total $ 262,418,483 $ 40,695,799 $ 109,233,259 $ 112,489,425 Total
Minimum
Legal
Rating Unrated
52 Attachment 1 City of Coronado Page 146

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 2: CASH AND INVESTMENTS (Continued):

Custodial Credit Risk:

Custodial credit risk for deposits is the risk, that in the event of the failure of a depository financial institution, a government will not be able to recover its deposits or will not be able to recover collateral securities that are in the possession of an outside party. The custodial credit risk for investments is the risk that, in the event of the failure of the counterparty (e.g., brokerdealer) to a transaction, a government will not be able to recover the value of its investment or collateral securities that are in the possession of another party. The California Government Code and the City’s investment policy do not contain legal or policy requirements that would limit the exposure to custodial credit risk for deposits or investments, other than the following provision for deposits: The California Government Code requires that a financial institution secure deposits made by state or local governmental units by pledging securities in an undivided collateral pool held by a depository regulated under state law (unless so waived by the governmental unit). The market value of the pledge securities in the collateral pool must equal at least 110% of the total amount deposited by the public agencies. California law also allows financial institutions to secure City deposits by pledging first trust deed mortgage notes having a value of 150% of the secured public deposits. All of the City’s deposits were either fully insured or collateralized as of and for the year ended June 30, 2024.

California Local Agency Investment Fund (LAIF):

The LAIF is a voluntary program, created by a State Statute in 1977 as an investment alternative through which local governments may pool investments. The Local Agency Advisory Board, which consists of five members as designated by State Statute, has oversight responsibility over LAIF.

The City may invest up to $75,000,000 (maximum amount per account allowed by LAIF) in a single LAIF fund account. Investments in LAIF are highly liquid, as deposits can be converted to cash within 24 hours without loss of interest. The City reports its investment in LAIF at the fair value amount provided by LAIF, which is the same as the value of the pool share. At June 30, 2024, the City’s two combined LAIF accounts proportionate fair value share in the pool was $74,794,049. This total represents $44,858,122 pooled for the City and $29,935,927 pooled for the Successor Agency.

Investment in San Diego County Investment Pool:

The City is a voluntary participant in the San Diego County Treasurer’s Pooled Money Fund, which is managed by San Diego County Treasurer-Tax Collector’s Office on behalf of the County of San Diego, school districts, colleges, special districts, and local agencies in San Diego. Permissible investments in the pool are made in accordance with California State law.

The maximum effective duration for the portfolio is 1.5 years. 53 Attachment 1 City of Coronado Page 147

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 2: CASH AND INVESTMENTS (Continued):

Before a participant can withdraw funds from the pool it must submit a withdrawal request two working days prior to its desired withdrawal date. In addition, the County Treasurer’s Office must ensure that any withdrawals will not adversely affect the interest of all other depositors in the pool. Pursuant to California Government Code, the San Diego County Board of Supervisors has established the Treasury Oversight Committee (TOC) to monitor and review the pool’s investment policy. The TOC requires a financial audit to be conducted on a fiscal year basis to include limited tests of compliance with laws and regulations.

Investment in California Asset Management Program (CAMP):

The City is a voluntary participant in CAMP, a California Joint Powers Authority that falls under California Government Code Section 53601 (p), which is directed by a Board of Trustees that is made up of experienced local government finance directors and treasurers. The Pool is required to maintain an average maturity of less than 60 days and is rated AAA by Standard & Poor’s national agency. There are no restrictions on participant withdrawals.

Investment in Public Agency Retirement Services:

The City is a voluntary participant in the Public Agency Retirement Services (PARS). In 2014, the City established an Internal Revenue Service Section 115 irrevocable trust with PARS for pension and OPEB. The trust account allows more control and flexibility in investment allocations compared to City’s portfolio which is restricted by State regulations to fixed income instruments. PARS is audited annually by an independent Certified Public Accountant.

Fair Value Hierarchy:

The City categorizes its fair value measurements within the fair value hierarchy established by GASB 72, Fair Value Measurement and Application. The hierarchy is based on the valuation inputs used to measure the fair value of the asset. Level 1 inputs are quoted prices in active markets for identical assets; Level 2 inputs are significant other observable inputs; Level 3 inputs are significant unobservable inputs. The City has the following recurring fair value measurements as of June 30, 2024:
54 Attachment 1 City of Coronado Page 148

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 2: CASH AND INVESTMENTS (Continued):

Note 3: NOTES RECEIVABLE:

The notes receivable at June 30, 2024, consisted of the following:

Governmental Activities:

Lifeline Business Loans $ 1,059,026
CATPAH 638,006
Tilaro and Day Trust 404,405
Novak 8,795
Silent Second Loans 500,628
CIHC Sr. Housing Loan - 550 Orange Ave. 1,629,238
CIHC LMIH Loan - 525 Orange Ave. 1,064,414
SDIHC LMIH Loan - Orange Villas 1,541,714
CIHC Building Loan - 525 Orange Ave. 800,000
Various Loans 1,000
7,647,226
Business-Type Activities:

Feast and Fareway Loan 554,422
Total Notes Receivable $ 8,201,648
Investment Type Totals Level 2
Investments by Fair Value Level:

Certificate of Deposits $ 20,487,161 $ 20,487,161
U.S. Treasury Securities 40,695,799 40,695,799
Total Investments by Fair Value Level 61,182,960 61,182,960 Other Investments:

Local Agency Investment Funds 74,794,049 -
CAMP JPA Pool 70,988,398 -
San Diego Investment Pool 21,445,902 -
Money Market Mutual Funds 16,798,959 -
Mutual Funds (115 Irrevocable Trust) 17,208,215 -
Total Investments Measured at Amortized Cost 201,235,523 - Total Investments 262,418,483 $ 61,182,960 $
55 Attachment 1 City of Coronado Page 149

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 3: NOTES RECEIVABLE (Continued):

Lifeline Business Loans:

On April 21, 2020, the City Council established the Lifeline Business Loan program to provide up to $20,000 loans to small locally owned businesses generating sales tax in Coronado who have been adversely impacted by the COVID-19 pandemic. The purpose of the Lifeline Business Loan program is to preserve the City’s tax base and strengthen the local economy’s ability to recover and return to operation quickly.

Funding was prioritized into Tiers with $2 million allocated to Tier I and Tier II businesses.

Eligible Tier I businesses include eating and drinking establishments (non-formula), retail sales (non-formula), and hotels, motels, and bed and breakfasts (non-formula/non-corporate owned).

Eligible Tier II businesses include professional offices, real estate offices, personal services, musicians, repair services, light assembly, light industrial uses, internet providers and arcades, Coronado-based handyman and trade services, photocopying/mailbox services, newspapers and publishing, and non-formula gyms, dance halls, and martial arts studios.

The City received a total of 105 loan applications, of which 94 were approved. The total loans outstanding as of June 30, 2024, are $1,059,026. Management estimated that 25% of these loans will not be collected and reported $264,756 as uncollectible.

CATPAH Loan:

On July 20, 1993, the former CDA issued a $2,410,000 loan to the Coronado Association to Provide Affordable Housing (CATPAH), a limited partnership, to assist in financing the acquisition and rehabilitation of twenty-three affordable housing units. The loan is non-interest bearing and is secured by a deed of trust on the properties acquired. The balance due under the note is to be repaid upon the earlier of (a) the sale, lease, exchange or other conveyance of the properties (other than the lease to low- and moderate-income households); (b) the uncured default of CATPAH under any of the loan documents; or (c) the expiration of Coronado Community Development plan on July 9, 2031.

Because the probable amount of future payments on the note, or the timing of payments on the note, could not be estimated with reasonable certainty, the disbursement to CATPAH was recorded as an expenditure. A note receivable from CATPAH has been recorded with an offset to allowance for uncollectible account receivables. Interest is accrued on an annual basis at

6.5% and added to the note receivable and deferred interest. On June 30, 2024, the present value for the receivable increased to $638,006.
56 Attachment 1 City of Coronado Page 150

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 3: NOTES RECEIVABLE (Continued):

Tilaro and Day Trusts Loan:

In July 1996, the former CDA issued two loans in the total amount of $520,371 to the Mario and Judith Tilaro Family Trust and John Day Smith Living Trust (Owner) to fund housing assistance and rehabilitation costs for very low income and lower income households. The loans are due on June 11, 2026, provided that the Owner does not default on the agreement, or the property transferred at an earlier date, unless an eligible transferee assumes the loan in a written agreement.

Because the probable amount of future payments on the loans, or the timing of such payments, could not be estimated with reasonable certainty, the disbursement of the monies to the Owner was recorded as an expenditure. A note receivable combining both loans from the Owner has been recorded with an offset to allowance for uncollectible account receivables. Interest is being accrued on an annual basis at 5.65% and added to the note receivable and allowance for uncollectible account receivables. If the loan is forgiven, the loan receivable will be writtenoff. At such time as principal payments are received on the loan in future years, the allowance for uncollectible account receivables will be reduced, and revenue will be recognized in the amount of the principal payments received. On June 30, 2024, the present value of the receivable increased to $404,405.

Novak Loan:

In October 1996, the former CDA issued a loan to an individual in the amount of $10,000 for the purpose of acquiring a housing unit burdened with affordable housing covenants. Under the terms of the agreement, the non-interest-bearing loan is due and payable in full on October 29, 2026; is secured by a trust deed on the property; and requires compliance with the affordable housing covenants.

Because the probable amount of future payments on the loan, or the timing of such payments, could not be estimated with reasonable certainty, the disbursement was recorded as an expenditure. A note receivable from the owner has been recorded with an offset to allowance for uncollectible account receivables. Interest is being accrued on an annual basis at 5.65% and added to the note receivable and allowance for uncollectible account receivables. At such time as principal payments are received on the note in future years, the allowance for uncollectible account receivables will be reduced, and revenue will be recognized in the amount of the principal payments received. On June 30, 2024, the present value of the receivable increased to $8,795.
57 Attachment 1 City of Coronado Page 151

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 3: NOTES RECEIVABLE (Continued):

Silent Second Loans:

From September through November 1998, the former CDA issued six loans to eligible homebuyers (Owners), to assist in the purchase of real property within the City. These noninterest-bearing loans varied in amount from $100,000 to $120,000, and totaling $652,200, are for a term of thirty years, and are secured as second trust deeds. While the loans do not bear interest, if certain events occur, payment of shared appreciation is required. The loans are each repayable upon the earlier sale or other transfer of the property to a non-eligible homebuyer with the shared appreciation amount. However, in the event of an earlier sale or transfer to an eligible homebuyer, the loan may be assumed. The full amount of each loan will be forgiven upon the thirtieth anniversary of the note in the event the Owner is not then in default of the agreement, or the loan has not previously become due.

Because the probable amount of future payments on the loan, or the timing of such payments, could not be estimated with reasonable certainty, the disbursements were recorded as expenditures. One loan receivable from the various Owners has been recorded with an offset to allowance for uncollectible accounts receivable at the discounted present value using a rate of 5.80%. Interest is being accrued on an annual basis at 5.80% and added to the note receivable and allowance for uncollectible account receivables. If the loans are forgiven, the loan receivable will be written off. At such time as principal payments are received on the note in future years, the allowance for uncollectible account receivables will be reduced, and revenue will be recognized in the amount of the principal payments received. On June 30, 2024, the present value of the receivable increased to $500,628.

Coronado Interfaith Housing Corporation Senior Housing Loan – 550 Orange Ave.:

In February 2006, the former CDA entered into a Disposition and Development Agreement (DDA) with the Coronado Interfaith Housing Corporation (CIHC) regarding two properties owned by the former CDA. The DDA establishes that CIHC would build and operate a thirty (30) unit senior affordable rental housing complex project. Under the terms of the DDA, the former CDA entered into a long-term ground lease of the properties for $1 per year for fiftyfive years. Additionally, the DDA provided a portion of the financing for the project in the form of a loan in the amount of $3,492,591. This loan is forgivable as long as CIHC complies with all terms and covenants included in the DDA during the fifty-five-year term of the agreement (commencing from occupancy of the first residential tenants). At the end of the ground lease, the land, improvements, and any remaining amount in the residual receipts account will revert to ownership by the City.

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 3: NOTES RECEIVABLE (Continued):

The loan has a stated annual interest rate of 3.00%, which was below the estimated incremental borrowing rate of the former CDA of 5.00%. Interest is accrued on an annual basis at 5.00% and added to the loan receivable and allowance for uncollectible account receivables. If the loan is forgiven, the loan receivable will be written-off. At such time as principal payments are received on the loan in future years, the allowance for uncollectible account receivables will be reduced and revenue will be recognized in the amount of the principal payments received.

On June 30, 2024, the present value of the loan receivable and accrued interest (at 3.00%) had increased to $1,629,238 and $1,852,413, respectively.

Coronado Interfaith Housing Corporation Affordable Housing Loan- 525 Orange Ave.:

On July 2, 2007, the former CDA entered into a DDA with CIHC regarding the rehabilitation and operation of affordable rental property owned by the former CDA at 525 Orange Avenue.

The DDA establishes that CIHC would rehabilitate and operate an affordable rental-housing complex on the property. Under the terms of the DDA, the former CDA entered into a longterm ground lease of the properties for $20,000 per year for fifty-five years. Additionally, the DDA provided a portion of the financing for the project in the form of a forgivable loan in the amount of $2,067,066. This loan is forgivable if CIHC complies with all terms and covenants included in the DDA during the fifty-five-year term of the agreement (commencing from occupancy of the first residential tenants). At the end of the ground lease, the land, improvements, and any remaining amount in the residual receipts account will revert to ownership by the City.

Because the probable amount of future payments on the loan, or the timing of payments on the loan, could not be estimated with reasonable certainty, the disbursement to CICH was recorded as an expenditure. A loan receivable from CICH has been recorded with an offset to allowance for uncollectible account receivables. The loan has a stated annual interest rate of 3.00%, which was below the estimated incremental borrowing rate of the former CDA of 4.72%. Interest is accrued on an annual basis at 4.72% and added to the loan receivable and allowance for uncollectible account receivables. If the loan is forgiven, the loan receivable will be writtenoff. At such time as principal payments are received on the loan in future years, the allowance for uncollectible account receivables will be reduced and revenue will be recognized in the amount of the principal payments received. On June 30, 2024, the present value of the loan receivable and accrued interest (at 3.00%) had increased to $1,064,414 and $997,289, respectively.

San Diego Interfaith Housing Corporation – Orange Villas:

In August 2008, the former CDA entered into a DDA with San Diego Interfaith Housing Corporation (SDIHC) regarding affordable housing construction at 440-450 Orange Avenue, substantial rehabilitation at 225 Orange Avenue, and subsequent operation of both properties.

The DDA establishes that SDIHC would construct, rehabilitate, and operate affordable housing complexes on the properties.
59 Attachment 1 City of Coronado Page 153

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 3: NOTES RECEIVABLE (Continued):

Under the terms of the DDA, the former CDA entered into a long-term ground lease of the properties for $1 per year for ninety-nine years. Additionally, the DDA provided a portion of the financing for the project in the form of a forgivable loan of $2,870,000 for a term of ninetynine years. This loan is forgivable as long as SDIHC complies with all terms and covenants included in the DDA upon the fifty-fifth anniversary of the Housing Assistance Note. At the end of the ground lease, the land, improvements, and any remaining amount in the residual receipts account will revert to ownership by the City.

Because the probable amount of future payments on the loan, or the timing of payments on the loan, could not be estimated with reasonable certainty, the disbursement to SDICH was recorded as expenditures. A loan receivable from SDICH has been recorded with an offset to allowance for uncollectible account receivables. The loan has a stated interest rate of 3.00%, which was below the estimated incremental borrowing rate of the former CDA of 4.50%.

Therefore, the balance of the note has been discounted based on the 4.50% rate (present value).

Interest is accrued on an annual basis at 4.50% and added to the loan receivable and allowance for uncollectible account receivables. If the loan is forgiven, the loan receivable will be writtenoff. At such time as principal and interest payments are received on the loan in future years, the allowance for uncollectible account receivables will be reduced and revenue will be recognized in the amount of the principal and interest payments received.

On June 30, 2024, the present value of the loan receivable and accrued interest (at 3.00%) had increased to $1,541,714 and $1,134,416, respectively.

Coronado Interfaith Housing Corporation Building Loan – 525 Orange Ave.:

On June 19, 2007, the former CDA entered into a DDA with CIHC. Under the DDA, a promissory note in the amount of $800,000 was given as part of an agreement dated December 19, 2007. The loan has a stated annual interest rate of 4.72% with repayment of principal and interest in annual installments equal to available revenues derived from the Project after payment of operation and maintenance expenses and Ground Lease Payments. The first payment was due on the first anniversary of the commencement date and the final payment in the amount of the unpaid note to be paid on the fifty-fifth anniversary. On June 30, 2024, the loan receivable balance was unchanged while accrued interest was $493,480.

Feast and Fareway Notes:

On April 5, 2019, the City entered into a loan agreement with Feast and Fareway LLC, the operator of the City’s Golf Course Restaurant. Under the loan agreement, promissory notes in the amount of $400,000 on April 5, 2019, and $300,000 on May 1, 2019, were executed to provide funding for capital improvements in the Golf Course’s kitchen. Under the terms of the promissory notes, Feast and Fareway will make interest only payments for the first two years of each note at the interest rate of 4.4% annually. The $400,000 note’s interest-only payment in the amount of $1,467 was due monthly until April 1, 2021. 60 Attachment 1 City of Coronado Page 154

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 3: NOTES RECEIVABLE (Continued):

The $300,000 note’s interest-only payment in the amount of $1,100 is due monthly until May 1, 2021. Due to the impact of Covid-19 pandemic, the two notes were combined into one note for $700,000 with the same interest rate of 4.4% annually, interest-only payments were deferred to June 2020, and deferred again to July 2021. On June 30, 2024, the loan receivable balance had decreased to $554,422 including deferred interest of $38,500.

Note 4: LOANS TO SUCCESSOR AGENCY:

The initial consolidated promissory note between the City and Successor Agency of $28,326,552 was approved by the California Department of Finance as an enforceable obligation in fiscal year 2014-15, and the previous allowance for uncollectible account has been removed. In October 2018, the Successor Agency refinanced its enforceable obligations, including loans to the City, by issuing Tax Allocation Refunding Bonds series 2018. All consolidated loans from the City to the Successor Agency were refinanced except for the LifeGuard Tower Improvement loan, which was created in 2001, and had a balance plus accrued interest of $75,632 on December 31, 2013. The loan is payable bi-annually in June and December of each year in the amount of $2,785 for 17 years, with an interest rate of 5%. As of June 30, 2024, the loan receivable balance was $49,814. For details on the loans to the Successor Agency, see Note 19.

Note 5: LEASES RECEIVABLE:

Governmental Activities
As of June 30, 2024, the City has two cell tower leases for easements located throughout Coronado and one restaurant lease for the Bluewater Grill. The interest rates for each cell tower lease and the restaurant lease are 5.0%. The initial lease agreement terms are 52 months and 21 months for the two cell tower leases, and 71 months for the restaurant lease. The total amount of lease revenue recognized in the current reporting period from leases is $326,935 and the total amount of interest received related to the leases was $83,808. The balance of the lease receivable at June 30, 2024 is $1,477,529. The City has a deferred inflow of resources associated with these leases that will be recognized as revenue over the lease term. The balance of the deferred inflow of resources at June 30, 2024 is $1,378,064.

Business-type Activities
As of June 30, 2024, the Golf Course Fund has two cell tower leases for easements located on the golf course and one restaurant lease for the Feast and Fareway Restaurant. The interest rate for each lease is 5.0%. The initial lease agreement terms are 81 and 91 months for the cell tower leases, and 148 months for the restaurant lease. The total amount of lease revenue recognized in the current reporting period from leases is $201,012 and the total amount of interest received related to the leases was $92,203.
61 Attachment 1 City of Coronado Page 155

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 5: LEASES RECEIVABLE (Continued):

The balance of the lease receivable at June 30, 2024 is $1,754,396. The City has a deferred inflow of resources associated with these leases that will be recognized as revenue over the lease term. The balance of the deferred inflow of resources at June 30, 2024 is $1,579,556.

Note 6: INTER-FUND TRANSACTIONS:

Advances To/From Other Funds:

In 2015, the General Fund made a long-term advance to the Storm Drain Enterprise Fund to defease the storm drain bonds. The storm drain enterprise fund is making a quarterly payment of $75,369 consisting of principal and interest of 3.2% annually. The last payment on the advances will be December 1, 2026.

In 2019 and 2020, the General Fund loaned $4,000,000 and $1,050,000, respectively, in cash to the Wastewater Fund to pay for the design and construction of the sewer connection project.

The actual project costs were $4,649,634, accordingly, the Wastewater Fund returned $400,366 to the General Fund in June 2021. On June 15, 2021, the City Council approved the repayment of the loan on 15 annual installments starting on June 30, 2022, with an interest rate of 2.339% annually.

On June 15, 2021, the City Council authorized a long-term advance to the Wastewater Enterprise Fund for the Parker Pump Station Replacement Project. The Parker Pump Station Replacement Project includes construction of a new sanitary sewer and storm drain pump station at 800 Coronado Avenue with an above-ground control building. This advance will be repaid from future sewer charges received from customers.

Funds - Reported Advances
to
Funds - Reported Advances
from Amount
General Fund Storm Drain Enterprise Fund $ 774,559
General Fund Wastewater Enterprise Fund 3,844,043
Capital Projects Funds Wastewater Enterprise Fund 14,300,000 Total $ 18,918,602
62 Attachment 1 City of Coronado Page 156

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 6: INTER-FUND TRANSACTIONS (Continued):

Inter-fund Transfers:

The $12,716,440 was transferred from the General Fund to the Capital Projects Fund to provide working capital and funding for capital projects. The $12,363,196 was transferred from the General Fund to Wastewater Utility Fund to provide funding for capital projects. The $500,000 was transferred from the General Fund to the Storm Drain Enterprise Fund to cover operational expenses. The $11,803 was transferred from the Wastewater Utility Fund to the General Fund for capital assets.

Transfers In: General Fund
Wastewater
Utility
General Fund $ - $ 11,803
Capital Project Fund 12,716,440 -
Wastewater Utility 12,363,196 -
Storm Drain 500,000 -
Total $ 25,579,636 $ 11,803
Transfers Out:
63 Attachment 1 City of Coronado Page 157

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 7: CHANGES IN CAPITAL ASSETS:

A summary of changes in capital assets for the year ended June 30, 2024, is as follows:

Balance Balance
June 30, 2023 Additions (Deletions) June 30, 2024
Governmental Activities:

Capital Assets Not Being Depreciated:

Land 33,127,316 $ -$ -$ 33,127,316 $
Art and collections 1,828,898 - - 1,828,898
Construction in progress 3,199,303 4,059,104 (388,001) 6,870,406 Total Capital Assets Not Being Depreciated 38,155,517 4,059,104 (388,001) 41,826,620 Capital Assets Being Depreciated:

Buildings 69,143,634 - - 69,143,634
Improvements other than buildings 21,927,927 388,001 - 22,315,928 Infrastructure 57,006,620 - - 57,006,620
Vehicles and equipment 18,770,187 1,703,217 (411,428) 20,061,976 Right to use assets - vehicles and equipment 58,471 - - 58,471 Right to use assets - subscriptions 654,470 - - 654,470 Total Capital Assets Being Depreciated 167,561,309 2,091,218 (411,428) 169,241,099 Less Accumulated Depreciation:

Buildings 23,993,038 1,345,470 - 25,338,508
Improvements other than buildings 9,061,463 821,872 - 9,883,335 Infrastructure 31,480,159 1,146,521 - 32,626,680
Vehicles and equipment 13,168,396 1,222,550 (393,062) 13,997,884 Right to use assets - vehicles and equipment 7,047 19,486 - 26,533 Right to use assets - subscriptions 152,564 152,564 - 305,128 Total Accumulated Depreciation 77,862,667 4,708,463 (393,062) 82,178,068 Net Capital Assets Being Depreciated 89,698,642 (2,617,245) (18,366) 87,063,031 Net Capital Assets - Governmental Activities 127,854,159 $ 1,441,859$ $ (406,367) $ 128,889,651 64 Attachment 1 City of Coronado Page 158

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 7: CHANGES IN CAPITAL ASSETS (Continued):

Depreciation expense was charged to functions/programs of the City as follows:

Governmental Activities:

General government 1,187,057 $
Public safety 1,178,044
Construction and maintenance 749,285
Planning and building services 14,401
Culture and leisure 1,579,676
Total Governmental Activities 4,708,463 $
Business-Type Activities:

Wastewater Utility 1,267,833 $
Golf Course 279,108
Storm Drain 246,799
Total Business-Type Activities 1,793,740 $
Balance Balance
June 30, 2023 Additions (Deletions) June 30, 2024
Business-Type Activities:

Capital Assets Not Being Depreciated:

Construction in progress $ 10,403,255 $ 9,425,200 $ - $ 19,828,455 Total Capital Assets Not Being Depreciated 10,403,255 9,425,200 - 19,828,455 Capital Assets Being Depreciated:

Buildings 6,227,552 - - 6,227,552
Improvements other than buildings 51,893,785 - - 51,893,785 Infrastructure 9,120,083 - - 9,120,083
Vehicles and equipment 14,884,141 391,697 (179,264) 15,096,574 Right to use assets - vehicles and equipment 78,033 - - 78,033 Total Capital Assets Being Depreciated 82,203,594 391,697 (179,264) 82,416,027 Less Accumulated Depreciation:

Buildings 2,979,222 132,643 - 3,111,865
Improvements other than buildings 30,518,042 834,424 - 31,352,466 Infrastructure 1,250,799 304,336 - 1,555,135
Vehicles and equipment 8,403,037 513,577 (148,081) 8,768,533 Right to use assets - vehicles and equipment 13,734 8,760 - 22,494 Total Accumulated Depreciation 43,164,834 1,793,740 (148,081) 44,810,493 Net Capital Assets Being Depreciated 39,038,760 (1,402,043) (31,183) 37,605,534 Net Capital Assets - Business-Type Activities 49,442,015 $ 8,023,157$ $ (31,183) $ 57,433,989 65 Attachment 1 City of Coronado Page 159

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 8: LONG-TERM DEBT OBLIGATIONS:

Governmental Activities – Long-Term Debt:

A summary of changes in governmental activities long-term debt at June 30, 2024, is as follows:
a. Compensated Absences:

This liability represents the total unpaid vacation and compensation time earned by employees of the City in its General and special revenue funds to be paid from future resources. Compensated absences are reported in governmental funds only if they have matured.
b. Workers’ Compensation and General Liability Claims:

See Note 9 detailing claims and judgements. The total Workers’ Compensation and claims liability at June 30, 2024 was $11,282,915.
c. Lease Payable:

In Fiscal Year 2022-23, the City entered into a 36-month lease as lessee for the use of a 2022 Ford F-150 and a 2022 Ford Maverick. An initial lease payable was recorded in the amount of $58,471. As of June 30, 2024, the value of the lease liability is $31,556. The City is required to make monthly fixed payments of $894 and $824 for the Ford F150 and Ford Maverick, respectively. The lease on the Ford Maverick has an interest rate of 8.49 percent. The lease on the Ford F150 does not have an interest rate. The vehicles’ estimated useful life was 36 months as of the contract commencement.

Balance Balance Due Within
June 30, 2023 Additions Reductions June 30, 2024 One Year Compensated Absences $ 2,951,628 $ 1,876,103 $ (1,716,488) $ 3,111,243 $ 1,700,044 Claims and Judgements 9,041,721 3,539,261 (1,298,067) 11,282,915 2,820,721 Lease Payable 51,971 - (20,415) 31,556 19,830
Subscription-Based IT Payable 490,813 - (139,738) 351,075 147,652 Total Government-Wide
Governmental Activities $ 5,415,364$ 12,536,133 $ (3,174,708) $ 14,776,789 4,688,247$ 66 Attachment 1 City of Coronado Page 160

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 8: LONG-TERM DEBT OBLIGATIONS (Continued):
c. Lease Payable (continued):

The annual debt service requirements for the lease outstanding at June 30, 2024 are as follows:
d. Subscription-Based IT Payable:

The City has entered into six subscription-based IT arrangements for various software applications and is required to make annual principal and interest payments over the arrangement terms as noted in the table below. The payable at June 30, 2024, was $351,075.

The future principal and interest payments as of June 30, 2024, are as follows:

Year Ending
June 30 Principal Interest Total
2025 19,830$ 786$ 20,616$
2026 11,726 94 11,820
31,556$ 880$ 32,436$
Year Ending
June 30 Principal Interest Total
2025 147,652$ 18,266$ 165,918$
2026 152,540 10,920 163,460
2027 50,883 3,284 54,167
Total 351,075$ 32,470$ 383,545$
Software
Term in
Months
Interest
Rate
Annual
Payments
Subscription
Liability
Subscription
Asset
FirstWatch 38 5.00% 4,003$ $ 4,326 $ 11,636
TeleStaff 60 5.00% 2,500 7,217 11,125
Lexipol 60 5.00% 11,754 33,114 53,820
ARJIS 60 5.00% 38,074 103,028 173,081
AXON 47 5.00% 108,724 203,390 404,808
165,055$ $ 351,075 $ 654,470
67 Attachment 1 City of Coronado Page 161

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 8: LONG-TERM DEBT OBLIGATIONS (Continued):

Business-Type Activities – Long-Term Debt:

A summary of the changes in business-type activities long-term debt at June 30, 2024 is as follows:
a. Lease Payable:

In Fiscal Year 2022-23, the City entered into a 36-month lease as lessee for the use of a 2022 Ford Maverick. An initial lease payable was recorded in the amount of $26,291. As of June 30, 2024, the value of the lease liability is $13,364. The City is required to make monthly fixed payments of $824. The lease has an interest rate of 8.49 percent. The vehicle’s estimated useful life was 60 months as of the contract commencement.

The annual debt service requirements for the lease outstanding at June 30, 2024 are as follows:

Note 9: SELF – INSURANCE
For liability insurance coverage, the City is a member of the California State Association of Counties Excess Insurance Authority (CSAC-EIA), a consortium of various California public entities. Each member entity pays an annual premium. Losses exceeding a member city’s selfinsured retention are paid by the pool or by a commercial excess insurance company.

For worker’s compensation insurance coverage, the City is a member of the Local Agency Workers’ Compensation Excess Joint Powers Authority (LAWCX). Each member city pays an annual premium. Losses exceeding a member city’s self-insured retention are paid by LAWCX up to $5,000,000 and by a commercial insurance company for losses from $5,000,000 to the statutory limit. The self-insured retentions and maximum coverage are:

Balance Balance Due Within
June 30, 2023 Additions Reductions June 30, 2024 One Year Compensated Absences 208,091 $ 105,198$ (123,912)$ $ 189,377 $ 129,980 Lease Payable 21,728 (8,364) - 13,364 9,102
$ 229,819 105,198$ (132,276)$ $ 202,741 $ 139,082
Total Government-Wide
Business-Type Activities
Year Ending
June 30 Principal Interest Total
2025 9,102$ $ 9,888$ 786
2026 4,262 94 4,356
13,364$ $ 14,244$ 880
68 Attachment 1 City of Coronado Page 162

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 9: SELF – INSURANCE (Continued):

The City has entered into contracts with a servicing agent who administers the workers’ compensation claims program. Settled claims have not exceeded any of the City’s coverage amounts in any of the last four fiscal years and there were no reductions in the City’s insurance coverage during the year ended June 30, 2024. Claims expenditures and liabilities are reported when it is probable that a loss has occurred, and the amount of the loss can be reasonably estimated. These losses include an estimate of claims that have been incurred but not reported.

The City has accrued its anticipated liability with respect to claims filed and claims incurred but not reported to the City as of year-end in the General Fund. Changes in the aggregate liability for claims for the years ended June 30, 2023, and 2024 are as follows:

The ultimate amount of losses incurred through June 30, 2024, is dependent on future developments. Based upon information from the City Attorney, the City’s claim administrators and others involved with the administration of the insurance programs, City management believes the accrual is adequate to cover such losses. General liability and workers’ compensation claims are paid out of the General Fund. For the year ended June 30, 2024, the City incurred a total of $1,400,511 in expenses for workers’ compensation claims.

Self-Insured Excess Coverage Above
Per Occurrence Self-Insurance Retention
Public Liability $ 250,000 $ 50,000,000
Workers' Compensation 500,000 Statutory Amount
Workers' General
Compensation Liability Total
Liability as of June 30, 2022 $ 7,315,172 $ 505,434 $ 7,820,606 Claims and changes in estimates
during the year ended June 30, 2023 1,205,481 840,257 2,045,738 Claims payments during the year
ended June 30, 2023 (824,623) - (824,623)
Liability as of June 30, 2023 7,696,030 1,345,691 9,041,721 Claims and changes in estimates
during the year ended June 30, 2024 1,400,511 2,138,750 3,539,261 Claims payments during the year
ended June 30, 2024 (776,617) (521,450) (1,298,067)
Liability as of June 30, 2024 $ 8,575,091 2,707,824$ $ 11,282,915 69 Attachment 1 City of Coronado Page 163

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 10: PENSION PLAN OBLIGATIONS:

Plan Descriptions:

All qualified non-public safety permanent and probationary employees are eligible to participate in the City’s Miscellaneous Plan, an agent multiple employer defined benefit pension plan administered by the California Public Employees’ Retirement System (CalPERS), which acts as a common investment and administrative agent for its participating member employers.

All qualified safety employees are eligible to participate in the City’s Safety Plan, a costsharing multiple-employer defined benefit pension plan administered by CalPERS, which acts as a common investment and administrative agent for its participating member employers.

Benefit provisions for the Plans are established by State statutes and City resolution. Copies of the PERS’ annual investment report may be obtained online at www.calpers.ca.gov.

Benefits Provided:

CalPERS provides service retirement and disability benefits, annual cost of living adjustments and death benefits to plan members, who must be public employees and beneficiaries. Benefits are based on years of credited service, equal to one year of full-time employment. Members with five years of total service are eligible to retire at age 50 with statutorily reduced benefits.

All members are eligible for non-duty disability benefits after 10 years of service. The death benefit is one of the following: the Basic Death Benefit, the 1957 Survivor Benefit, or the Optional Settlement 2W Death Benefit. The cost-of-living adjustments for each plan are applied as specified by the Public Employees’ Retirement Law. 70 Attachment 1 City of Coronado Page 164

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 10: PENSION PLAN OBLIGATIONS (Continued):

The Plan provisions and benefits in effect at June 30, 2024 are summarized as follows:

Employees Covered:

At June 30, 2022, the valuation date, the following employees were covered by the benefit terms of the Miscellaneous plan:

Active members 170
Transferred members 102
Terminated members 170
Retired members and beneficiaries 240
Total 682
Tier 1 PEPRA*
Hire Date Prior to January 1, 2013 January 1, 2013 and after Benefit formula 3.0% @ 60 2.0% @ 62
Benefit vesting schedule 5 years service 5 years service Benefit payments Monthly for life Monthly for life
Minimum retirement age 50 52
Monthly benefits, as % of eligible compensation 2.0% to 3.0% 1.0% to 2.5% Required employee contribution rates 7.79% 7.50%
Required employer contribution rates - Normal Cost 12.840% 12.840% Required employer payment of Unfunded Liability $2,298,220 - Miscellaneous Plan
Tier 1 PEPRA*
Hire Date Prior to January 1, 2013 January 1, 2013 and after Benefit formula 3.0% @ 50 2.7% @ 57
Benefit vesting schedule 5 years service 5 years service Benefit payments Monthly for life Monthly for life
Minimum retirement age 50 50
Monthly benefits, as % of eligible compensation 3.0% 2.0 to 2.7% Required employee contribution rates 8.99% 13.75%
Required employer contribution rates - Normal Cost 27.110% 13.540% Required employer payment of Unfunded Liability $2,599,779 $8,970 * PEPRA is the Public Employees' Pension Reform Act that went into effect on January 1, 2013.

Safety Cost-Sharing Plan
71 Attachment 1 City of Coronado Page 165

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 10: PENSION PLAN OBLIGATIONS (Continued):

At June 30, 2022, the valuation date, the following employees were covered by the benefit terms of the Safety plan:

Contribution Description:

Section 20814(c) of the California Public Employees’ Retirement Law (PERL) requires that the employer contribution rates for all public employers are determined on an annual basis by the actuary and shall be effective on the July 1 following notice of a change in the rate. The total plan contributions are determined through CalPERS’ annual actuarial valuation process.

The actuarially determined rate is the estimated amount necessary to finance the costs of benefits earned by employees during the year, with an additional amount to finance any unfunded accrued liability.

The employer is required to contribute the difference between the actuarially determined rate and the contribution rate of employees. Employer contribution rates may change if plan contracts are amended. Payments made by the employer to satisfy contribution requirements that are identified by the pension plan terms as plan member contribution requirements are classified as plan member contributions.

For the year ended June 30, 2024, the employer contributions recognized as a reduction to the net pension liability for all the Plans was $8,249,708.

Net Pension Liability:

The net pension liability is measured as the total pension liability, less the pension plan’s fiduciary net position. The net pension liability of each of the Plans is measured as of June 30, 2022, using an annual actuarial valuation as of June 30, 2022, rolled forward to June 30, 2023, using standard update procedures. A summary of principal assumptions and methods used to determine the net pension liability is shown below.

Actuarial Methods and Assumptions Used to Determine Total Pension Liability:

For the measurement period ended June 30, 2023, the total pension liability was determined by rolling forward the June 30, 2022, total pension liability. The June 30, 2023, total pension liabilities were based on the following actuarial methods and assumptions:

Active members 71
Transferred members 30
Terminated members 23
Retired members and beneficiaries 158
Total 282
72 Attachment 1 City of Coronado Page 166

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 10: PENSION PLAN OBLIGATIONS (Continued):
(1) The mortality table was developed based on CalPERS-specific data. The probabilities of mortality are based on the 2021 CalPERS Experience Study and Review of Actuarial Assumptions. Mortality rates incorporate full generational mortality improvement using 80% of Scale MP-2020 published by the Society of Actuaries. For more details on this table, please refer to the 2021 experience study report from November 2021 that can be found on the CalPERS website.

Discount Rate:

The discount rate used to measure the total pension liability was 6.90%. The projection of cash flows used to determine the discount rate assumed that contributions from plan members will be made at the current member contribution rates and that contributions from employers will be made at statutorily required rates, actuarially determined. Based on those assumptions, the Plan’s fiduciary net position was projected to be available to make all projected future benefit payments of current plan members. Therefore, the long-term expected rate of return on plan investments was applied to all periods of projected benefit payments to determine the total pension liability.

Long-term Expected Rate of Return:

The long-term expected rate of return on pension plan investments was determined using a building-block method in which expected future real rates of return (expected returns, net of pension plan investment expense and inflation) are developed for each major asset class.

In determining the long-term expected rate of return, CalPERS took into account both shortterm and long-term market return expectations. Using historical returns of all of the funds’ asset classes, expected component (geometric) returns were calculated over the next 20 years using a building-block approach. The expected rate of return was then adjusted to account for assumed administrative expenses of 10 Basis points. The expected real rates of return by asset class are as follows:

Actuarial Cost Method Entry Age Actuarial Cost Method
Actuarial Assumptions:

Discount Rate 6.90%
Inflation 2.30%
Salary Increase Varies by entry age and service
Mortality Rate Table (1) Derived using CalPERS' membership data for all funds Post Retirement Benefit
Increase
The lesser of contract COLA up to 2.30% until
purchasing power protection allowance floor on
purchasing power applies, 2.30% thereafter
73 Attachment 1 City of Coronado Page 167

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 10: PENSION PLAN OBLIGATIONS (Continued):
(1) An expected inflation of 2.30% used for this period. (2) Figures are based on the 2021 Asset Liability Management study.

Pension Liabilities, Pension Expense and Deferred Outflows and Deferred Inflows of Resources Related to Pensions:

The information in the following table includes the aggregate total pension related items for the Miscellaneous and Safety plans.

Miscellaneous Safety Total
Net Pension Liabilities 28,544,604 $ $ 39,455,462 $ 68,000,066 Deferred Outflows of Resources 10,163,388 17,444,119 27,607,507 Deferred Inflows of Resources 182,273 1,932,721 2,114,994 Pension Expense/ (Income) 5,710,829 7,470,916 13,181,745 Asset Class 1
Assumed Asset
Allocation
Real Return
1,2
Global Equity - Cap-weighted 30.00% 4.54%
Global Equity - Non-Cap-weighted 12.00 3.84
Private Equity 13.00 7.28
Treasury 5.00 0.27
Mortgage-backed Securities 5.00 0.50
Investment Grade Corporates 10.00 1.56
High Yield 5.00 2.27
Emerging Market Debt 5.00 2.48
Private Debt 5.00 3.57
Real Assets 15.00 3.21
Leverage '(5.00) (0.59)
74 Attachment 1 City of Coronado Page 168

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 10: PENSION PLAN OBLIGATIONS (Continued):

The following table shows the changes in net pension liability recognized over the measurement period for the Miscellaneous Plan.

The following table shows the Safety Plan’s proportionate share of the changes in net pension liability recognized over the measurement period.

The City’s net pension liability for the Safety Plan is measured as the proportionate share of the net pension liability. The net pension liability of the Safety Plan is measured as of June 30, 2023, and the total pension liability for the Safety Plan used to calculate the net pension liability was determined by an actuarial valuation as of June 30, 2022, rolled forward to June 30, 2023, using standard update procedures. The City’s proportion of the net pension liability was based on a projection of the City’s long-term share of contributions to the pension plans relative to the projected contributions of all participating employers actuarially determined. The City’s proportionate share of the net pension liability for the Safety Plan as of June 30, 2023, and 2024, was as follows:

Total Pension
Liability
(a)
Plan Fiduciary Net
Position
(b)
Net Pension
Liability/(Asset)
(c)=(a)-(b)
Balance at June 30, 2022 (Valuation Date) $ 128,490,619 $ 100,643,556 $ 27,847,063 Changes Recognized for the Measurement Period:

Service Cost 2,612,020 - 2,612,020
Interest on the Total Pension Liability 8,765,682 - 8,765,682 Difference between Expected and Actual Experience 388,801 - 388,801 Changes of Benefit Terms 156,673 - 156,673
Contribution from Employer - 3,922,016 (3,922,016)
Contribution from Employees - 1,153,824 (1,153,824)
Net Investment Income - 6,223,804 (6,223,804)
Benefit Payments, Including Refunds of Employee Contributions (6,606,451) (6,606,451) - Administrative Expense - (74,009) 74,009
Net Changes During 2022-23 5,316,725 4,619,184 697,541
Balance at June 30, 2023 (Measurement Date) $ 133,807,344 $ 105,262,740 $ 28,544,604 Increase (Decrease)
Total Pension
Liability
(a)
Plan Fiduciary
Net Position
(b)
Net Pension
Liability/(Asset)
(c)=(a)-(b)
Balance at June 30, 2023 $ 136,163,357 $ 100,095,837 $ 36,067,520 Balance at June 30, 2024 144,170,990 104,715,528 39,455,462 Net Change During FY 2023-24 8,007,633 $ $ 4,619,691 $ 3,387,942 Safety Plan Proportionate Share
Proportion FY 2022-23 0.52488%
Proportion FY 2023-24 0.52784%
Change - Increase (Decrease) 0.00296%
Safety Cost-Sharing Plan
75 Attachment 1 City of Coronado Page 169

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 10: PENSION PLAN OBLIGATIONS (Continued):

Sensitivity of the Net Pension Liability to Changes in the Discount Rate:

The following presents the net pension liability/(asset) of the Plans as of the measurement date, calculated using the discount rate of 6.90 percent, as well as what the net pension liability/(asset) would be if it were calculated using a discount rate that is one percentage-point lower (5.90 percent) or one percentage-point higher (7.90 percent) than the current rate:

Amortization of Deferred Outflows and Deferred Inflows of Resources:

Under GASB 68, gains and losses related to changes in total pension liability and fiduciary net position are recognized in pension expense systematically over time. The first amortized amounts are recognized in pension expense for the year the gain or loss occurs. The remaining amounts are categorized as deferred outflows and deferred inflows of resources related to pensions and are to be recognized in future pension expenses.

The amortization period differs depending on the source of the gain or loss:

Pension Plan Fiduciary Net Position:

The plan fiduciary net position disclosed in the GASB 68 accounting valuation report may differ from the plan assets reported in the funding actuarial valuation report due to several reasons. First, for the accounting valuations, CalPERS must keep items such as deficiency reserves, fiduciary self-insurance expense included as assets. These amounts are excluded for rate setting purposes in the funding actuarial valuation. In addition, differences may result from the early Annual Comprehensive Financial Report closing and final reconciled reserves.

Detailed information about each pension plan’s fiduciary net position is available in the separately issued CalPERS financial reports. See CalPERS website for additional information. Discount Rate -1%

5.90%
Current Discount
Rate 6.90%
Discount Rate +1%

7.90%
Miscellaneous Plan $ 46,283,438 $ 28,544,604 $ 13,917,427 Safety Plan 59,233,157 39,455,462 23,285,790
Total Net Pension Liability 105,516,595 $ $ 68,000,066 $ 37,203,217 Net difference between projected and actual
earnings on pension plan investments
5 year straight-line amortization
All other amounts Straight-line amortization over the
expected average remaining service
lifetime (EARSL), of all members that are
provided with benefits (active, inactive,
and retired), as of the beginning of the
measurement period.
76 Attachment 1 City of Coronado Page 170

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 10: PENSION PLAN OBLIGATIONS (Continued):

For the measurement period ending June 30, 2023 (the measurement date), the City incurred pension expense of $5,710,829 for the Miscellaneous Plan, and pension expense of $7,470,916 for the Safety Plan.

As of June 30, 2024, the following were the reported deferred outflows of resources and deferred inflows of resources related to all pension plans:

Contributions subsequent to the measurement date in the amount of $8,407,391 are reported as deferred outflows of resources and will be recognized as a reduction of the net pension liability in the fiscal year ending June 30, 2025. Other amounts reported as deferred outflows or deferred inflows of resources related to pensions will be recognized as pension expense as follows:

Outflow of
Resources
Inflow of
Resources
Outflow of
Resources
Inflow of
Resources
Outflow of
Resources
Inflow of
Resources
Current year contributions that occurred after the
measurement date of June 30, 2023 $ 3,983,810 $ - $ 4,423,581 $ - $ 8,407,391 $ - Change of assumption 1,144,810 - 2,302,674 - 3,447,484 - Difference between expected and actual experience 239,262 182,273 2,896,758 247,993 3,136,020 430,266 Net difference between projected and actual
earnings on pension plan investments 4,795,506 - 5,399,469 - 10,194,975 - Differences between employer's contributions and
proportionate share of contributions - - 128,543 1,684,728 128,543 1,684,728 Difference in proportionate share - - 2,293,094 2,293,094 - - Total $ 10,163,388 $ 182,273 $ 17,444,119 $ 1,932,721 $ 27,607,507 $ 2,114,994 Miscellaneous Plan Safety Plan Total Deferred:

Measurement Period
Ended June 30:

Deferred
Outflows/(Inflows) of
Resources for
Miscellaneous Plan
Deferred
Outflows/(Inflows) of
Resources for Safety
Plan
2024 $ 1,968,631 $ 3,840,236
2025 576,108 2,662,660
2026 3,320,350 4,434,212
2027 132,216 150,709
2028 - -
Thereafter - -
77 Attachment 1 City of Coronado Page 171

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 11: POST EMPLOYMENT HEALTH BENEFITS:

Plan Description:

The City provides a contribution towards retiree health benefits, which are provided through the Public Employee’s Medical and Hospital Care Act (PEMHCA) and is administered by the board of the California Public Employees Retirement System (CalPERS). It is an agent multiple employer defined benefit retiree healthcare plan. To be eligible for retiree health benefits, an employee must retire from the City and commence pension benefits under CalPERS (typically on or after age 50 with at least five years of PERS eligible service). The scheduled required employer contributions for each eligible retiree under the CalPERS Health Plan are $157 per month per employee at the end of fiscal year 2023-24.

Employees Covered:

As of the June 30, 2023 actuarial valuation, the following current and former employees were covered by the benefit terms of the City’s OPEB plan:

Contributions:

PEMHCA establishes required minimum contribution amounts for contracting agencies to provide for participating active and retired members. It further establishes that the contribution amount be adjusted annually to reflect any changes in the medical care component of the CPIU and rounded to the nearest dollar. For calendar years 2023 and 2024, the monthly contribution amounts for retired annuitants were $151 and $157, respectively. The City provides the minimum required contribution amount for retired annuitants. Retired annuitants who elect to participate in this program select coverage from among an array of offered health plans and pay the difference between the City’s minimum contribution and the monthly cost of coverage. For the fiscal year ended June 30, 2024, the City’s cash contributions were $291,201. In fiscal year 2013-14, the City established an Internal Revenue Service’s Section 115 Irrevocable Trust with the Public Agency Retirement Services to stabilize future OPEB obligations.

Net OPEB Liability:

The City’s net OPEB liability was measured as of June 30, 2023, and the total OPEB liability used to calculate the net OPEB liability was determined by an actuarial valuation dated June 30, 2023. The following actuarial methods and assumptions were used in the actuarial valuation:

Inactive plan members or beneficiaries currently receiving benefits 76 Inactive plan members entitled to but not receiving benefits 0 Active plan members 259
Total 335
78 Attachment 1 City of Coronado Page 172

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 11: POST EMPLOYMENT HEALTH BENEFITS (Continued):
(1) The mortality assumptions are based on the 2021 CalPERS Mortality for Miscellaneous and Schools Employees table and the CalPERS Mortality for Safety Employees table created by CalPERS. CalPERS periodically studies mortality for participating agencies and establishes mortality tables that are modified versions of commonly used tables. This table incorporates mortality projection as deemed appropriate based on CalPERS analysis. (2) The turnover assumptions are based on the 2021 CalPERS Turnover for Miscellaneous, Police, and Fire tables created by CalPERS. CalPERS periodically studies the experience for participating agencies and establishes tables that are appropriate for each pool.

The long-term expected rate of return on OPEB plan investments was determined using a building-block method in which best-estimate ranges of expected future real rates of return (expected returns, net of OPEB plan investment expense and inflation) are developed for each major asset class. These ranges are combined to produce the long-term expected rate of return by weighing the expected future real rates of return by the target asset allocation percentage and by adding expected inflation. Best estimates of arithmetic real rates of return for each major asset class included in the OPEB plan's target asset allocation as of June 30, 2024, are summarized in the following table:

Actuarial Assumptions:

Discount Rate 4.92%
Inflation 2.50%
Salary Increases 2.75%
Investment Rate of Return 4.92%
Mortality Rate (1) 2021 CalPERS Mortality for Safety Employees 2021 CalPERS Mortality for Miscellaneous and Schools
Employees
Pre-Retirement Turnover (2) 2021 CalPERS Turnover for Safety Employees 2021 CalPERS Turnover for Miscellaneous Employees
Healthcare Trend Rate 4.00%
Asset Class
Target
Allocation
Long-term
Expected Real
Rate of Return
All US Domestic Stock 60.0% 7.545%
Long-Term Corporate Bonds 40.0% 5.045%
Total 100.0%
79 Attachment 1 City of Coronado Page 173

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 11: POST EMPLOYMENT HEALTH BENEFITS (Continued):

Discount Rate:

The discount rate used to measure the total OPEB liability was 4.92%. The projection of cash flow used to determine the discount rate assumed that City contributions will be made at rates equal to the actuarially determined contribution rates.

Based on those assumptions, the OPEB plan’s fiduciary net position was projected to be available to make all projected OPEB payments for current active and inactive employees and beneficiaries. Therefore, the long-term expected rate of return on OPEB plan investments was applied to all periods of projected benefit payments to determine the total OPEB liability. The City does not currently have a pre-funding policy or practice for additional prefunding but also does not reimburse its current retiree payments from the 115 Trust. The projection of cash flows used to determine the discount rate assumed that no future pre-funding contributions are made to the 115 Trust.

Changes in OPEB Liability:

The changes in the net OPEB liability for the City’s plan were as follow:

Total OPEB
Liability
(a)
Plan Fiduciary Net
Position
(b)
Net OPEB
Liability/(Asset)
(c) = (a) - (b)
Balance at June 30, 2022 (Measurement Date) $ 6,287,591 $ 3,043,639 $ 3,243,952 Changes recognized for measurement period:

Service cost 239,210 - 239,210
Interest 329,360 - 329,360
Experience (gains)/losses 616,244 - 616,244
Changes of assumptions 372,120 - 372,120
Benefit payments, including refunds for member contributions (291,201) - (291,201) Plan fiduciary net position:

Contributions - employer - 291,201 (291,201)
Net investment income - 231,561 (231,561)
Benefit payments, including refunds of member contributions - (291,201) 291,201 Administrative expenses - (14,630) 14,630
Net Changes During FY 2022-23 1,265,733 216,931 1,048,802 Balance at June 30, 2023 (Measurement Date) $ 7,553,324 $ 3,260,570 $ 4,292,754 Increase (Decrease)
80 Attachment 1 City of Coronado Page 174

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 11: POST EMPLOYMENT HEALTH BENEFITS (Continued):

Sensitivity of the Net OPEB Liability to Changes in the Discount Rate:

The following presents the net OPEB liability of the City if it were calculated using a discount rate that is one percentage lower or one percentage point higher than the current rate, for measurement period ended June 30, 2023:

Sensitivity of the Net OPEB Liability to Changes in the Health Care Cost Trend Rates:

The following presents the Net OPEB liability of the City if it were calculated using healthcare cost trend rates that are one percentage point lower or one percentage point higher than the current rate, for measurement period ended June 30, 2023:

OPEB Plan Fiduciary Net Position:

The OPEB Plan Fiduciary Net Position is issued by PARS through their financial statements, which are publicly available and can be obtained by contacting PARS online at www.pars.org.

Amortization of Deferred Outflows and Deferred Inflows of Resources:

Gains and losses related to changes in total OPEB liability and fiduciary net position are recognized in OPEB expense systematically over time. Amounts are first recognized in OPEB expense for the year the gain or loss occurs. The remaining amounts are categorized as deferred outflows and deferred inflows of resources related to OPEB and are to be recognized in future OPEB expense. Deferred Outflows / (Inflows) of Resources represents the following items that have not been recognized in the OPEB Expense:

1. Differences between expected and actual experience of the OPEB plan.

2. Changes of assumptions.

3. Differences between projected and actual earnings in OPEB plan investments (for funded plans only).

Discount Rate -
1%

3.92%
Current Discount
Rate

4.92%
Discount rate
+1%

5.92%
Net OPEB Liability $ 5,208,279 $ 4,292,754 $ 3,528,566
1% Decrease

3.0%
Current
Healthcare Cost
Trend Rates

4.0%
1% Increase

5.0%
Net OPEB Liability $ 3,380,009 $ 4,292,754 $ 5,423,766
81 Attachment 1 City of Coronado Page 175

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 11: POST EMPLOYMENT HEALTH BENEFITS (Continued):

The initial amortization period for the first two items noted above is based on expected future service lives while the difference between the projected and actual earnings in OPEB plan investment is amortized over five years. All balances are amortized linearly on a principal only basis and new bases will be created annually for each of the items above.

OPEB Expense and Deferred Outflows/Inflows of Resources Related to OPEB:

For the fiscal year ended June 30, 2024, the City recognized OPEB expense of $596,589. As of June 30, 2024, the City reported deferred outflows and inflows of resources related to OPEB from the following sources:

The $398,221 reported as deferred outflows related to contributions subsequent to the June 30, 2023, measurement date will be recognized as a reduction of the net OPEB liability during the fiscal year ending June 30, 2025. Other amounts reported as deferred outflows or deferred (inflows) of resources related to OPEB will be recognized as follows:

Deferred
Outflows of
Resources
Deferred
Inflows of
Resources
OPEB contributions
subsequent to
measurement date
$ 398,221 $ -
Changes of assumptions 1,013,213 31,532
Differences between
expected and actuarial
experience
704,594 93,852
Net difference between
projected and actual
earnings on OPEB plan
investments
- 192,997
$ 2,309,025 125,384$
Fiscal Year
Ending June 30:

Deferred
Outflows/(Inflows)
of Resources
2025 $ 280,181
2026 260,265
2027 293,405
2028 159,546
2029 170,940
Thereafter 621,083
82 Attachment 1 City of Coronado Page 176

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 12: DEFERRED COMPENSATION SAVINGS PLAN:

For the benefit of its employees, the City participates in a 457 Deferred Compensation Program. The purpose of this program is to provide deferred compensation for public employees that elect to participate. Eligible employees may defer receipt of a portion of their salary until termination, retirement, death or unforeseeable emergency. As of June 30, 2024, the City contributed $14,600 to the plan.

Federal law requires deferred compensation assets to be held in trust for the exclusive benefit of the participants. Accordingly, the City is in compliance with this legislation. Therefore, these assets are not the legal property of the City and are not subject to claims of the City's general creditors. The fair value of the plan assets held in trust by ICMA Retirement Corporation, at June 30, 2024, was $34,961,221. Since the City has little administrative involvement and does not perform the investing function for this plan, the assets and related liabilities are not shown on the statement of net position of the City.

Note 13: LITIGATIONS, COMMITMENTS, AND CONTINGENT LIABILITIES:

At June 30, 2024, the City was involved as a defendant in several lawsuits and claims arising out of the ordinary conduct of its affairs. It is the opinion of management and the City’s legal counsels handling these actions that settlement of these lawsuits and claims, if any, will not have a material effect on the financial position of the City.

Note 14: CONSTRUCTION COMMITMENTS:

The total amount of the outstanding construction commitments at June 30, 2024 was $14,625,407.

Note 15: ECONOMIC DEPENDENCY:

The City collects transient occupancy and sales taxes from various hotels/motels operating within the City. The transient occupancy and sales taxes amounted to 31% of the General Fund’s total revenues for the year ended June 30, 2024.

Note 16: CORONADO TOURISM IMPROVEMENT DISTRICT:

The Coronado Tourism Improvement District (CTID) was established in July 2010 to increase the number of overnight guests at Coronado hotels, in addition to improve revenue for local tourism-based businesses through advertising, marketing and public relations campaigns.

Funding does not come from the City of Coronado, rather it comes from a 0.50% (percent) transient rent assessment of the four largest hotels in Coronado. In July 2011, CTID became a 501(c)(6) non-profit entity, with a nine-person Advisory Board assembled to evaluate, approve, and advise the City of Coronado.
83 Attachment 1 City of Coronado Page 177

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 16: CORONADO TOURISM IMPROVEMENT DISTRICT (Continued):

On May 5, 2015, the Coronado Tourism Improvement District II (CTID II) was established to further provide a stable and dedicated source of funding for marketing and promotion efforts that directly benefit the assessed hotels. Similar to the CTID, funding comes from a 0.50% (percent) transient rent assessment of the four largest hotels in Coronado. The CTID II levied assessments became effective July 1, 2015.

Note 17: TAX ABATEMENTS:

The Mills Act is an economic incentive program in California for the restoration and preservation of qualified historic buildings by private property owners. Enacted in 1972, the Mills Act legislation grants participating local governments the authority to enter into contracts with owners of qualified historic properties who actively participate in the restoration and maintenance of their historic properties while receiving property tax relief.

The Mills Act Program was adopted by the City Council in 2000 by Resolution No. 7736. A fiscal cap was placed on the program to control the lost property tax revenue to the City and former Community Development Agency. The City Council authorized a maximum property tax loss of $15,000 for the “Program Start” and $5,000 additional property tax losses per year for “Program Growth” up to 2005. In August 2004, the City Council voted to increase the annual increment to a $10,000 per year, and in 2007, the City Council voted to increase the dollar amount of new Mills Act Agreements approved annually to $15,000.

At its October 4, 2011, meeting, the City Council adopted Resolution No. 8524 implementing a change to the Mills Act Program that sets the maximum savings that a property owner receives with a Mills Act Agreement at 50% of the current property tax for Mills Act applications received beginning January 1, 2012. As of June 30, 2024, the City has contracts with 196 property owners under the Mills Act provisions. Estimated loss from the Mills Act contracts are as follows:

Mills Act
Contracted Value Market Value Difference
Estimated Revenue
Loss
$ 513,263,578 163,772,432 $ 349,491,146 $ 1,091,578 $
84 Attachment 1 City of Coronado Page 178

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 18: WASTEWATER TREATMENT REFUND:

The City is a participant in the Metropolitan Wastewater Joint Powers Authority (JPA), for wastewater treatment. Pursuant to the terms of the JPA, the City pays an equal quarterly predetermined amount calculated in advance of each fiscal year by the City of San Diego.

Based on actual flow of wastewater and other engineering factors, the City of San Diego reconciles amounts paid by the City to the actual costs incurred, which could result in an additional amount due to or from the City of San Diego. In the current fiscal year, the City did not recognize any revenue for the refund for wastewater treatment costs paid during fiscal year 2018-19. The City is unable to estimate potential refund or amount due to City of San Diego for fiscal years 2019-20, 2020-21, 2021-22, 2022-23 and 2023-24.

Note 19: SUCCESSOR AGENCY TRUST FOR ASSETS OF THE FORMER REDEVELOPMENT AGENCY:

On December 29, 2011, the California Supreme Court upheld Assembly Bill 1X 26 (“the Bill”) that provides for the dissolution of all redevelopment agencies in the State of California. This action impacted the reporting entity of the City that previously had reported a community redevelopment agency within the reporting entity of the City as a blended component unit. The Bill provides that upon dissolution of a community redevelopment agency, a “successor agency” is to be established to hold the assets until they are distributed to other units of state and local government.

The City Council elected to become the Successor Agency for the former community redevelopment agency in accordance with the Bill.

After enactment of the law, which occurred on June 28, 2011, community redevelopment agencies in the State of California cannot enter into new projects, obligations, or commitments.

Subject to the control of a newly established oversight board, remaining assets can only be used to pay enforceable obligations in existence at the date of dissolution (including the completion of any unfinished projects that were subject to legally enforceable contractual commitments).

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

Additional information regarding the Successor Agency is as follows:
a. Cash and Investments:

Cash and investments reported in the accompanying financial statements were $30,263,871 as of June 30, 2024. See Note 2 for further information regarding the City’s cash and investments as it also relates to the Successor Agency. 85 Attachment 1 City of Coronado Page 179

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 19: SUCCESSOR AGENCY TRUST FOR ASSETS OF THE FORMER REDEVELOPMENT AGENCY (Continued):
b. Capital Assets:

A summary of changes in capital assets for the year ended June 30, 2024, is as follows:
c. Long-Term Debt:

In October 2018, the former CDA issued the 2018 Tax Allocation Refunding Bond (TARB) issue, to advance refund the 2000 Tax Allocation Bond (TAB), 2003 housing TAB, 2003 TAB, 2005 TAB, 2006 TAB, and City loans to the former CDA.

Bond premiums received on the 2018 Tax Allocation Refunding Bond (TARB) issue of $15,135,782 have been added to long-term debt and are being amortized over the remaining life of the TARB issue.

Long-term debt outstanding of the Successor Agency as of June 30, 2024, follows:

Balance June 30, 2023 $ 18,744,992
Additions:

Current year additions 1,338,928
Balance June 30, 2024 $ 20,083,920
Land Purchase Balance Balance
June 30, 2023 Additions Reductions June 30, 2024
Tax Allocation Bonds (TABs):
2018 Refunding Issue $ 79,405,000 $ - $ (16,400,000) $ 63,005,000 $ 7,565,000 Premium 2018 Issue 10,090,522 - (1,009,052) 9,081,470 1,009,052 Total Bond and Premium 89,495,522 - (17,409,052) 72,086,470 8,574,052 Other Debt:

Payable to the City of Coronado 52,783 - (2,969) 49,814 3,118 Total Successor Agency $ 89,548,305 -$ (17,412,021) $ $ 72,136,284 $ 8,577,170 Due Within
One Year
86 Attachment 1 City of Coronado Page 180

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 19: SUCCESSOR AGENCY TRUST FOR ASSETS OF THE FORMER REDEVELOPMENT AGENCY (Continued):

Tax Allocation Bonds:
2018 Tax Allocation Refunding Bonds:

On October 4, 2018, the Successor Agency to the former CDA issued $120,920,000 of series 2018 Tax Allocation Refunding Bonds consisting of $57,150,000 of serial bonds and $63,770,000 of term bonds due on September 1, 2033. The proceeds of the bonds were used to advance refund $2,750,000 of the Series 2000 TAB, $8,365,000 of the Series 2003 Housing TAB, $18,775,000 of the Series 2003 TAB, $46,345,000 of the Series 2005 TAB, $28,185,000 of the Series 2006 TARB, and $32,686,488 of the City loans to the former CDA. As a result, the refunded bonds and City loans are considered defeased and the liability has been removed from the Successor Agency column of the Statement of Fiduciary Net Position. The serial bonds pay interest semi-annually at the rate of 5% and mature from September 2019 through September 2026 with principal amounts ranging from $6,460,000 to $8,345,000. The term bonds pay interest semi-annually at the rate of 5% with $63,770,000 maturing on September 1, 2033. The 2018 TARB are term bonds subject to mandatory redemption on September 1 in each year commencing September 1, 2027, from sinking fund payments made by the Successor Agency to the principal account. The term bonds are also subject to mandatory redemption in inverse order of sinking fund payments on September 1 of each year from excess pledged tax revenues.

The annual requirements to amortize the 2018 TARB at June 30, 2024 are as follows:

The Statement of Fiduciary Net Position reported $697,212 deferred charges on refunding for the old tax allocation bonds that are being amortized over 15 years.

Year Ending June 30, Principal Interest Total
2025 $ 7,565,000 $ 3,420,625 $ 11,000,000
2026 7,945,000 3,032,875 10,985,625
2027 8,345,000 2,625,625 10,977,875
2028 8,840,000 2,196,000 10,970,625
2029 9,280,000 1,743,000 11,036,000
2030-2033 21,030,000 2,291,000 43,534,000
Total $ 63,005,000 $ 15,309,125 $ 98,504,125
87 Attachment 1 City of Coronado Page 181

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 19: SUCCESSOR AGENCY TRUST FOR ASSETS OF THE FORMER REDEVELOPMENT AGENCY (Continued):

Loans from City of Coronado:

Loans Payoff:

All loans from the City to the former CDA were paid off except for the Life-Guard Tower Improvement Loan, which was created in 2001 and had a balance plus accrued interest of $75,632 on December 31, 2013. The loan is payable bi-annually in June and December of each year in the total amount of $2,785 for 17 years, with an interest rate of 5%. As of June 30, 2024, the loan receivable balance was $49,814. The annual requirements to amortize the Life-guard Tower loan at June 30, 2024, are as follows:
d. Insurance:

The Successor Agency is covered under the City’s insurance policies. Therefore, the limitation and self-insured retentions applicable to the City also apply to the Successor Agency. Additional information as to coverage and self-insured retentions can be found in Note 9.

Year Ending June 30, Principal Interest Total
2025 $ 3,118 $ 2,452 $ 5,570
2026 3,276 2,294 5,570
2027 3,442 2,128 5,570
2028 3,616 1,954 5,570
2029 3,799 1,771 5,570
2030 - 2034 22,084 5,768 27,852
2035 - 2036 10,479 665 11,144
Total $ 49,814 $ 17,032 $ 66,846
88 Attachment 1 City of Coronado Page 182

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 19: SUCCESSOR AGENCY TRUST FOR ASSETS OF THE FORMER REDEVELOPMENT AGENCY (Continued):
e. Commitments and Contingencies:

Owner Participation Agreements:

Village Theater:

In August 2008, the former CDA approved the OPA between the former CDA and the potential operator of the Village Theater. Under the terms of the agreement, up to $2,675,000 was obligated for the purpose of completing the rehabilitation of the theater as a three-screen, first-run movie house. The funding by the former CDA is in the form of a grant/loan that will eventually be forgiven provided that the owner continues to operate within the parameters specified in the agreement. As of June 30, 2024, a total amount of $2,608,978 was disbursed, and no more payments will be made under this term of the agreement. In the OPA, the former CDA agreed to pay an amount equal to the difference between the ad valorem taxes levied on the portion of the property occupied by the Theater with respect to the tax year immediately preceding the date the operator commences operation of the Village Theatre as adjusted annually pursuant to Revenue and Taxation Code Section 51 and ad valorem taxes levied with respect to each tax year commencing with the tax year next following the tax year in which the operator commences operation of the Village Theatre. As of June 30, 2024, the current and total ad valorem taxes paid were $45,662 and $380,791, respectively.

Coronado Hospital Land Acquisition:

In January 2009, the former CDA entered into an agreement with the Coronado Hospital Foundation to purchase $20,083,920 in land over a 15-year period. One-fifteenth interest in the property, equal to $1,338,928, will be acquired each year commencing in 2009 and continuing for fourteen additional years. As of June 30, 2024, the total amount of $20,083,920 was disbursed.

89 Attachment 1 City of Coronado Page 183

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 20: FUND BALANCE:

General
Fund
Capital
Projects
Other
Governmental
Funds
Total
Governmental
Funds
Non-Spendable for the following purposes:

Prepaid items $ 53,631 -$ $ - $ 53,631
Charitable donations - - 19,101 19,101
Notes and loans receivable 845,084 - - 845,084
Advances given to other funds 4,618,602 - - 4,618,602
Total Non-Spendable 5,517,317 - 19,101 5,536,418
Restricted for the following purposes:

Housing activities - - 906,841 906,841
City public safety - - 210,491 210,491
Culture & Leisure activities - - 9,819,559 9,819,559
Construction & maintenance - - 3,922,567 3,922,567
Planning & building reserve - - 1,760,932 1,760,932
Capital projects 16,242,243 - 16,242,243 -
City transportation 178,586 - 6,838,684 7,017,270
PEG fees 629,583 - - 629,583
CalPERS stabilization 17,208,215 - 17,208,215 -
Hotel Del Coronado master plan 848,088 - - 848,088
Library endowment (expendable) - - 38,442 38,442
Library endowment (nonexpendable) - - 3,127 3,127
Total Restricted 35,106,715 - 23,500,643 58,607,358
Committed for the following purposes:

Emergency response & economic stabilization 33,314,000 - 33,314,000 - Future capital projects 4,000,000 - - 4,000,000
Historic preservation 500,000 - - 500,000
Total Committed 37,814,000 - 37,814,000 -
Assigned to the following purposes:

Planning & building reserve 1,749,750 - - 1,749,750
Liability insurance 2,707,794 - - 2,707,794
Worker's compensation 3,004,263 - - 3,004,263
Vehicle & IT replacement 5,195,952 - - 5,195,952
Construction & maintenance 6,834,271 - - 6,834,271
Capital projects 44,006,007 - 44,006,007 -
Solid waste & recycling 240,707 - - 240,707
Culture & leisure activities 814,268 - - 814,268
Employee benefits 357,449 - - 357,449
Total Assigned 20,904,454 44,006,007 64,910,461 -
Unassigned fund balances 43,018,898 - 43,018,898 -
TOTAL FUND BALANCE $ 142,361,384 $ 44,006,007 $ 23,519,744 $ 209,887,135 90 Attachment 1 City of Coronado Page 184

CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 21: DEFICIT NET POSITION
The Successor Agency of the Former Community Development Agency Private Purpose Trust fund had an accumulated deficit of $23,382,065, which resulted from the issuance of tax allocation bonds that were intended to be repaid by the Former Community Development Agency’s future property tax increment revenue. Now that the Community Development Agency has been dissolved, the Successor Agency expects to receive sufficient Community Development Property Tax Trust Fund distributions through the remaining life of the bonds to fully fund their repayment.
91 Attachment 1 City of Coronado Page 185

CITY OF CORONADO

REQUIRED SUPPLEMENTARY INFORMATION
92 Attachment 1 City of Coronado Page 186

THIS PAGE INTENTIONALLY LEFT BLANK
93 Attachment 1 City of Coronado Page 187

CITY OF CORONADO

BUDGETARY COMPARISON SCHEDULE

GENERAL FUND
YEAR ENDED JUNE 30, 2024
Original Final Actual Amounts
Revenues:

Taxes $ 62,155,669 $ 62,655,669 $ 70,788,932 $ 8,133,263 Licenses and permits 751,500 751,500 784,031 32,531
Intergovernmental 916,500 916,500 508,208 (408,292)
Charges for services 4,269,305 4,269,305 4,272,388 3,083 Use of money and property 1,935,006 3,935,006 7,462,180 3,527,174 Fines and forfeitures 277,100 277,100 298,149 21,049
Reimbursements 1,415,000 1,415,000 1,970,241 555,241
Miscellaneous 569,890 569,890 134,081 (435,809)
Total Revenues 72,289,970 74,789,970 86,218,210 11,428,240 Expenditures:

General government:

Legislative 1,602,094 1,602,094 1,575,137 (26,957)
City Clerk 397,182 453,156 403,071 (50,085)
City Manager 1,093,409 1,107,653 1,048,444 (59,209)
Public Communications 248,731 243,731 207,785 (35,946)
City Hall 1,557,295 2,167,991 1,354,464 (813,527)
Legal Services 658,200 718,200 1,031,491 313,291
Administrative Services 5,679,418 6,276,835 4,927,744 (1,349,091) Insurance 2,212,427 2,312,427 2,801,236 488,809
Employee Benefits 207,225 207,225 113,932 (93,293)
Workers Compensation 604,216 604,216 336,492 (267,724)
Public safety:

Police 18,086,774 18,309,083 17,001,809 (1,307,274)
Fire 11,434,992 11,800,312 11,219,212 (581,100)
Culture and leisure:

Recreation 5,447,474 5,401,114 5,045,814 (355,300)
Library 3,732,827 3,755,547 3,364,904 (390,643)
Citizen Donations 9,646 9,646 - (9,646)
Culture Arts 284,062 384,062 347,714 (36,348)
Construction and maintenance:

Public Services 11,783,133 12,128,198 10,748,475 (1,379,723) Engineering 1,465,351 1,511,981 1,580,852 68,871
Solid Waste & Recycling 789,306 789,306 793,545 4,239
Planning and building 3,570,702 4,545,057 3,399,527 (1,145,530) Capital outlay 3,770,000 3,082,954 1,363,557 (1,719,397) Principal - - 160,153 160,153
Interest and fiscal charges - - 26,024 26,024
Total Expenditures 74,634,464 77,410,788 68,851,382 (8,559,406) Other Financing Sources (Uses):

Transfers in 9,145,450 9,145,450 11,803 (9,133,647)
Transfers out (34,725,086) (34,725,086) (25,579,636) (9,145,450) Total Other Financing Sources (Uses) (25,579,636) (25,579,636) (25,567,833) (11,803) Net Change in Fund Balances (27,924,130) (28,200,454) (8,201,005) 2,857,031 Budgetary Fund Balance, July 1, 150,562,389 150,562,389 150,562,389 - Budgetary Fund Balances, June 30 $ 122,638,259 $ 122,361,935 $ 142,361,384 $ 12,549,086 Budget Amounts Actual
Over/(Under)
Budget
94 Attachment 1 City of Coronado Page 188

CITY OF CORONADO

NOTES TO REQUIRED SUPPLEMENTARY INFORMATION
Note 1: STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY:
a. General Budget Policies:
1) The annual budget adopted by the City Council provides for the general operation of the City. It includes proposed expenditures and the means of financing them. 2) The City Council approves total budgeted appropriations and any amendments to appropriations throughout the year. This “appropriated budget” covers substantially all City expenditures, with the exception of debt service on bond issues and capital improvements projects, which expenditures constitute legally authorized “nonappropriated budget”. There were no significant non-budgeted financial activities. Actual expenditures may not exceed budgeted appropriations at the fund level. However, the City Manager is authorized to transfer budgeted amounts between individual accounts within department categories. Budgeted figures used in the financial statements are the final adjusted amounts, including any amendments to the budget during the year. 3) Formal budgetary integration is employed as a management control device. Commitments for materials and services, such as purchase orders and contracts, are recorded during the year as encumbrances to assist in controlling expenditures. Appropriations, which are encumbered at year-end lapse, and then are added to the following year’s budgeted appropriations.
4) Budgets for the General, Special Revenue, and Capital Project Funds are adopted on a basis substantially consistent with generally accepted accounting principles (GAAP).

Accordingly, actual revenues and expenditures can be compared with related budgeted amounts without any significant reconciling items. No budgetary comparisons are presented for Proprietary Funds, as the City is not legally required to adopt a budget for these types of funds.
5) Under Article XIIIB of the California Constitution (the Gann Spending Limitation Initiative), the City is restricted as to the amount of annual appropriations from the proceeds of taxes, and if proceeds of taxes exceed allowed appropriations, the excess must either be refunded to the State controller, returned to the taxpayers through revisited tax rates or revised fee schedules, or an excess in one year may be offset against a deficit in the following year. For the fiscal year ended June 30, 2023, based on calculations by City Management, proceeds of taxes did not exceed related appropriations. Further, Section 5 of Article XIIIB allows the City to designate a portion of fund balance for general contingencies, to be used in future years without limitation.

Budgets were not prepared for permanent funds (the Reynolds Endowment, A.B. Fry Trust, Harlow Memorial Rose Garden Trust, Pauline Freedman Bequest, and Ted and Marjorie Stearns), therefore, no budgetary comparison is presented. 95 Attachment 1 City of Coronado Page 189

CITY OF CORONADO

MISCELLANEOUS PLAN

SCHEDULE OF CHANGES IN NET PENSION LIABILITY AND RELATED RATIOS AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS
MEASUREMENT PERIOD 2023 2022 2021 2020 2019

TOTAL PENSION LIABILITY
Service Cost $ 2,612,020 $ 2,574,363 $ 2,389,728 $ 2,391,239 $ 2,306,052 Interest on Total Pension Liability 8,765,682 8,408,304 8,137,530 7,817,689 7,524,926 Changes of Benefit Terms 156,673 - - - -
Change of Assumptions - 4,006,832 - - -
Difference between Expected and Actual Experience 388,801 (637,953) (195,623) (705,472) 577,765 Benefit Payments, Including Refunds of Employee Contributions (6,606,451) (6,128,698) (5,752,463) (5,325,997) (4,821,072) Net Change in Total Pension Liability 5,316,725 8,222,848 4,579,172 4,177,459 5,587,671 Total Pension Liability - Beginning 128,490,619 120,267,771 115,688,599 111,511,140 105,923,469 Total Pension Liability - Ending 133,807,344 128,490,619 120,267,771 115,688,599 111,511,140

PLAN FIDUCIARY NET POSITION
Contribution - Employer 3,922,016 3,532,170 3,388,562 3,031,208 2,728,186 Contribution - Employees 1,153,824 1,091,989 1,043,538 1,050,776 924,629 Net Investment Income 6,223,804 (8,368,937) 20,645,351 4,405,904 5,517,905 Benefit Payments, Including Refunds of Employee Contributions (6,606,451) (6,128,698) (5,752,463) (5,325,997) (4,821,072) Plan to Plan Resource Movement - - - - -
Administrative Expense (74,009) (68,888) (91,255) (124,502) (59,962) Other Miscellaneous Income/(Expense) - - - - 195
Net Change in Fiduciary Net Position 4,619,184 (9,942,364) 19,233,733 3,037,389 4,289,881
Plan Fiduciary Net Position - Beginning
100,643,556 110,585,920 91,352,187 88,314,798 84,024,917 Plan Fiduciary Net Position - Ending 105,262,740 100,643,556 110,585,920 91,352,187 88,314,798
Plan Net Pension Liability/(Assets) - Ending $ 28,544,604 $ 27,847,063 $ 9,681,851 $ 24,336,412 $ 23,196,342 Plan Fiduciary Net Position as a Percentage of the Total Pension Liability 78.67% 78.33% 91.95% 78.96% 79.20% Covered Payroll $ 13,763,677 $ 12,531,429 $ 12,681,550 $ 12,333,768 $ 12,056,521 Plan Net Pension Liability/(Asset) as a Percentage of Covered Payroll 207.39% 222.22% 76.35% 197.32% 192.40%
Notes to the Schedule:

Benefit Changes: The figures above generally include any liability impact that may have resulted from voluntary benefit changes that occurred on or before the Measurement Date. However, offers of Two Years Additional Service Credit (a.k.a. Golden Handshakes) that occurred after the Valuation Date are not included in the figures above, unless the liability impact is deemed to be material by the plan actuary.

Changes of Assumptions: There were no assumption changes in 2023. Effective with the June 30, 2021 valuation date (June 30, 2022 measurement date), the accounting discount rate was reduced from 7.15% to 6.90%. In determining the long-term expected rate of return, CalPERS took into account long-term market return expectations as well as the expected pension fund cash flows. In addition, demographic assumptions and the price inflation assumption were changed in accordance with the 2021 CalPERS Experience Study and Review of Actuarial Assumptions. The accounting discount rate was 7.15% for measurement dates June 30, 2017 through June 30, 2021, 7.65% for measurement dates June 30, 2015 through June 30, 2016, and 7.50% for measurement date June 30, 2014.

In 2022, SB 1168 increased the standard retiree lump sum death benefit from $500 to $2,000 for any death occurring on or after July 1, 2023. The impact, if any, is included in the changes of benefit terms. 96 Attachment 1 City of Coronado Page 190

CITY OF CORONADO

MISCELLANEOUS PLAN

SCHEDULE OF CHANGES IN NET PENSION LIABILITY AND RELATED RATIOS AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS
MEASUREMENT PERIOD 2018 2017 2016 2015 2014

TOTAL PENSION LIABILITY
Service Cost $ 2,360,874 $ 2,227,244 $ 2,050,254 $ 2,136,967 $ 2,135,743 Interest on Total Pension Liability 7,132,811 6,857,386 6,635,205 6,329,005 5,985,585 Changes of Benefit Terms - - - - -
Change of Assumptions (567,049) 5,736,873 - (1,569,684) - Difference between Expected and Actual Experience (662,470) (1,538,259) (872,772) (430,464) - Benefit Payments, Including Refunds of Employee Contributions (4,298,784) (3,840,883) (3,758,610) (3,335,867) (3,059,126) Net Change in Total Pension Liability 3,965,382 9,442,361 4,054,077 3,129,957 5,062,202 Total Pension Liability - Beginning 101,958,087 92,515,726 88,461,649 85,331,692 80,269,490 Total Pension Liability - Ending 105,923,469 101,958,087 92,515,726 88,461,649 85,331,692

PLAN FIDUCIARY NET POSITION
Contribution - Employer 2,399,092 2,231,434 2,037,221 1,861,146 1,774,885 Contribution - Employees 903,269 897,937 860,147 868,026 1,274,150 Net Investment Income 6,700,257 7,927,655 368,490 1,605,975 10,578,622 Benefit Payments, Including Refunds of Employee Contributions (4,298,784) (3,840,883) (3,758,610) (3,335,867) (3,059,126) Plan to Plan Resource Movement (195) - - (84) -
Administrative Expense (122,600) (105,663) (43,943) (81,196) - Other Miscellaneous Income/(Expense) (232,819) - - - -
Net Change in Fiduciary Net Position 5,348,220 7,110,480 (536,695) 918,000 10,568,531 Plan Fiduciary Net Position - Beginning
78,676,697 71,566,217 72,102,912 71,184,912 60,616,381
Plan Fiduciary Net Position - Ending 84,024,917 78,676,697 71,566,217 72,102,912 71,184,912 Plan Net Pension Liability/(Assets) - Ending $ 21,898,552 $ 23,281,390 $ 20,949,509 $ 16,358,737 $ 14,146,780 Plan Fiduciary Net Position as a Percentage of the Total Pension Liability 79.33% 77.17% 77.36% 81.51% 83.42% Covered Payroll $ 11,529,934 $ 11,461,142 $ 11,413,128 $ 11,595,677 $ 10,762,122 Plan Net Pension Liability/(Asset) as a Percentage of Covered Payroll 189.93% 183.56% 183.56% 141.08% 131.45%
Notes to the Schedule:

6.90%. In determining the long-term expected rate of return, CalPERS took into account long-term market return expectations as well as the expected pension fund cash flows. In addition, demographic assumptions and the price inflation assumption were changed in accordance with the 2021 CalPERS Experience Study and Review of Actuarial Assumptions. The accounting discount rate was 7.15% for measurement dates June 30, 2017 through June 30, 2021, 7.65% for measurement dates June 30, 2015 through June 30, 2016, and 7.50% for measurement date June 30, 2014.

CITY OF CORONADO

MISCELLANEOUS PLAN

SCHEDULE OF PLAN CONTRIBUTIONS
AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS (1)
2024 2023 2022 2021 2020
Actuarially Determined Contribution $ 3,983,810 $ 3,902,303 $ 3,546,127 $ 3,394,986 $ 3,031,208 Contribution in Relation to the Actuarially Determined
Contribution (3,983,810) (3,902,303) (3,546,127) (3,394,986) (3,031,208) Contribution Deficiency (Excess) $ - $ - $ - $ - $ -
Covered Payroll $ 14,585,467 $ 13,763,677 $ 12,531,429 $ 12,681,550 $ 12,333,768 Contributions as Percentage of Covered Payroll 27.31% 28.35% 28.30% 26.77% 24.58% 2019 2018 2017 2016 2015
Actuarially Determined Contribution $ 2,728,186 $ 2,399,092 $ 2,231,434 $ 2,037,221 $ 1,861,146 Contribution in Relation to the Actuarially Determined
Contribution (2,728,186) (2,399,092) (2,231,434) (2,037,221) (1,861,146) Contribution Deficiency (Excess) $ - $ - $ - $ - $ -
Covered Payroll $ 12,056,521 $ 11,529,934 $ 11,461,142 $ 11,413,128 $ 11,595,677 Contributions as Percentage of Covered Payroll 22.63% 20.81% 19.47% 17.85% 16.05% Valuation Date June 30, 2021
Actuarial cost method
Investment rate of return
Inflation 2.30%
Salary increases
Mortality1
Post Retirement Benefit Increase
1 - The mortality table used was developed based on CalPERS-specific data. The probabilities of mortality are based on the 2021 CalPERS Experience Study of Actuarial Assumptions. Mortality rates incorporate full generational mortality improvement using 80% of Scale MP-2020 published by the Society of Actuaries For more details on this table, please refer to the 2021 experience study report from November 2021 that can be found on the CalPERS website.

6.90% net of pension plan investment and administrative expenses; includes inflation.

Derived using CalPERS' membership data for all funds.

The lessor of contract COLA or 2.30% until Purchasing Power Protection Allowance floor on purchasing power applies, 2.30% thereafter.

Methods and assumptions used to determine contribution rates:

Entry Age Actuarial Cost Method
Varies by entry age and service
98 Attachment 1 City of Coronado Page 192

CITY OF CORONADO

SAFETY PLAN

SCHEDULE OF PROPORTIONATE SHARE OF NET PENSION LIABILITY AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS
MEASUREMENT PERIOD 2023 2022 2021 2020 2019
Plan's Proportion of the Net Pension
Liability 0.52784% 0.52488% 0.47804% 0.45429% 0.26483%
Plan's Proportionate Share of the Net
Pension Liability $ 39,455,462 $ 36,067,520 $ 16,776,858 $ 30,266,162 $ 27,137,047 Plan's Covered Payroll $ 9,745,079 $ 9,017,916 $ 9,010,360 $ 8,669,351 $ 8,106,754 Proportionate Share of the Net Pension
Liability as Percentage of Covered Payroll 404.88% 399.95% 186.20% 349.12% 334.75% Plan Fiduciary Net Position as a Percentage
of the Total Pension Liability 72.6% 73.5% 86.8% 75.5% 76.8% MEASUREMENT PERIOD 2018 2017 2016 2015 2014
Plan's Proportion of the Net Pension
Liability 0.25693% 0.24757% 0.24418% 0.21893% 0.27235%
Plan's Proportionate Share of the Net
Pension Liability $ 24,758,824 $ 24,552,568 $ 21,129,139 $ 15,026,989 $ 16,947,023 Plan's Covered Payroll $ 8,066,444 $ 7,831,499 $ 7,668,295 $ 7,315,770 $ 7,002,168 Proportionate Share of the Net Pension
Liability as Percentage of Covered Payroll 306.94% 313.51% 275.54% 205.41% 242.03% Plan Fiduciary Net Position as a Percentage
of the Total Pension Liability 77.6% 77.0% 75.07% 78.40% 79.82% Notes to the Schedule:

In 2022, SB 1168 increased the standard retiree lump sum death benefit from $500 to $2,000 for any death occurring on or after July 1, 2023.

The impact, if any, is included in the changes of benefit terms.

CITY OF CORONADO

SAFETY PLAN

SCHEDULE OF PLAN CONTRIBUTIONS
AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS
2024 2023 2022 2021 2020
Actuarially Determined Contribution $ 4,423,581 $ 4,347,405 $ 3,959,848 $ 3,603,448 $ 3,191,990 Contribution in Relation to the Actuarially
Determined Contribution (4,423,581) (4,347,405) (3,959,848) (3,603,448) (3,191,990) Contribution Deficiency (Excess) $ - $ - $ - $ - $ -
Covered Payroll $ 10,093,411 $ 9,745,079 $ 9,017,916 $ 9,010,360 $ 8,669,351 Contribution as a Percentage of Covered
Payroll 43.83% 44.61% 43.91% 39.99% 36.82%
2019 2018 2017 2016 2015
Actuarially Determined Contribution $ 2,802,322 $ 2,417,255 $ 2,374,917 $ 2,172,049 2,027,930 Contribution in Relation to the Actuarially
Determined Contribution (2,802,322) (2,417,255) (2,374,917) (2,172,049) (7,027,930) Contribution Deficiency (Excess) $ - $ - $ - $ - $ (5,000,000) Covered Payroll $ 8,106,754 $ 8,066,444 $ 7,831,499 $ 7,668,295 $ 7,315,770 Contribution as a Percentage of Covered
Payroll 34.57% 29.97% 30.33% 28.33% 96.07%
Valuation Date
Methods and assumptions used to determine contribution rates:

Actuarial cost method
Amortization method/period
Asset valuation method
Inflation 2.30%
Salary increases
Payroll growth 2.80%
Discount rate 6.90% (net of investment and administrative expenses) Varies by date established and source. May be level dollar or level percent of pay and may include direct rate smoothing.

Entry Age Actuarial Cost Method
June 30, 2021
Fair value of assets.

Varies by category, entry age, and duration of service. 100 Attachment 1 City of Coronado Page 194

CITY OF CORONADO

OPEB PLAN

SCHEDULE OF CHANGES IN NET OPEB LIABILITY AND RELATED RATIOS AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS (1)
MEASUREMENT PERIOD 2023 2022 2021 2020 2019 2018 2017
TOTAL OPEB LIABILITY:

Service Cost $ 239,210 $ 210,225 $ 173,954 $ 169,298 $ 146,790 $ 142,515 $ 133,192 Interest on Total OPEB Liability 329,360 325,299 341,378 336,520 291,488 275,261 259,637 Change of Assumptions 372,120 341,170 574,156 - (110,357) - - Difference between Expected and Actual Experience 616,244 - (75,081) (73,933) 518,625 - - Benefit Payments, Including Refunds of Employee Contributions (291,201) (282,725) (259,793) (257,644) (198,209) (182,274) (175,617) Net Change in Total OPEB Liability 1,265,733 593,969 754,614 174,241 648,337 235,502 217,212 Total OPEB Liability - Beginning 6,287,591 5,693,622 4,939,008 4,764,767 4,116,430 3,880,928 3,663,716 Total OPEB Liability - Ending (a) 7,553,324 6,287,591 5,693,622 4,939,008 4,764,767 4,116,430 3,880,928 PLAN FIDUCIARY NET POSITION:

Contribution - Employer 231,561 282,725 259,793 257,644 198,209 182,274 175,617 Net Investment Income 291,201 (466,986) 658,699 95,884 145,328 222,710 267,218 Benefit Payments, Including Refunds of Employee Contributions (291,201) (282,725) (259,793) (257,644) (198,209) (182,274) (175,617) Administrative Expense (14,630) (16,385) (16,548) (7,011) (15,502) (6,485) (5,939) Net Change in Fiduciary Net Position 216,931 (483,371) 642,151 88,873 129,826 216,225 261,279 Plan Fiduciary Net Position - Beginning 3,043,639 3,527,010 2,884,859 2,795,986 2,666,160 2,449,935 2,188,656 Plan Fiduciary Net Position - Ending (b) $ 3,260,570 $ 3,043,639 $ 3,527,010 $ 2,884,859 $ 2,795,986 $ 2,666,160 $ 2,449,935 Plan Net OPEB Liability/(Assets) - Ending (a) - (b) $ 4,292,754 $ 3,243,952 $ 2,166,612 $ 2,054,149 $ 1,968,781 $ 1,450,270 $ 1,430,993 Plan Fiduciary Net Position as a Percentage of the Total OPEB Liability 43.17% 48.41% 61.95% 58.41% 58.68% 64.77% 63.13% Covered Payroll $ 23,523,205 $ 22,265,804 $ 22,003,820 $ 20,455,155 $ 19,907,693 $ 19,327,857 $ 18,935,364 Plan Net OPEB Liability/(Asset) as a Percentage of Covered Payroll 18.25% 14.57% 9.85% 10.04% 9.89% 7.50% 7.56% (1) Historical information is required only for measurement date for which GASB 68 is applicable. Fiscal Year 2014-15 was the first year of implementation, therefore only seven years are shown. 101 Attachment 1 City of Coronado Page 195

CITY OF CORONADO

OPEB PLAN

SCHEDULE OF PLAN CONTRIBUTIONS
AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS (1)
2024 2023 2022 2021 2020 2019 2018
Actuarially Determined Contribution $ 291,201 $ 297,864 $ 287,925 $ 259,793 $ 257,644 $ 198,209 $ 184,398 Contribution in Relation to the Actuarially Determined
Contribution (291,201) (297,864) (287,925) (259,793) (257,644) (198,209) (184,398) Contribution Deficiency (Excess) $ - $ - $ - $ - $ - $ - $ - Covered Payroll $ 24,545,338 $ 23,523,205 $ 22,265,804 $ 22,003,820 $ 20,455,155 $ 19,907,693 $ 19,327,857 Contributions as Percentage of Covered Payroll 1.19% 1.27% 1.29% 1.18% 1.26% 1.00% 0.95% Valuation Date
Actuarial cost method
Amortization method/period
Asset valuation method Fair value
Inflation 2.50%
Payroll growth
Investment rate of return
Retirement age
Mortality The mortality assumptions are based on the 2021 CalPERS Mortality for Miscellaneous and Schools Employees table, and the CalPERS Mortality for Safety Employees table, created by CalPERS. CalPERS periodically studies mortality for participating agencies and establishes mortality tables that are modified versions of commonly used tables. These tables incorporate mortality projections as deemed appropriate based on CalPERS analysis. (1) Historical information is required only for measurement date for which GASB 68 is applicable. Fiscal Year 2014-15 was the first year of implementation, therefore only seven years are shown.

According to the retirement rates under the most recent CalPERS pension plan valuation. According to the following retirement tables:

Miscellaneous Tier 1: 3% @60
Miscellaneous Tier 2: 2.0% @62
Police Tier 1: 3% @50
Police Tier 2: 2.7% @57
Firefighter Tier 1: 3% @50
Firefighter Tier 2: 2.7% @57
June 30, 2023
Entry age normal cost method
Level percentage of payroll over a closed rolling 15-year period

2.75% plus merit scale

4.92% per annum net of expenses
Methods and assumptions used to determine contribution rates:
102 Attachment 1 City of Coronado Page 196

CITY OF CORONADO

COMBINING AND INDIVIDUAL FUND

STATEMENTS AND SCHEDULES
103 Attachment 1 City of Coronado Page 197

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104 Attachment 1 City of Coronado Page 198

CITY OF CORONADO

SPECIAL REVENUE FUNDS
Special Revenue Funds account for specific taxes and other revenue sources set aside in accordance with law or administrative regulation for a specific purpose.

Gas Tax – Accounts for state gasoline taxes received by the City. These funds may be used for street maintenance, right-of-way acquisition and street construction.

TransNet – Accounts for revenues from a one-half of one percent sales tax levied in San Diego County.

Expenditures can be used only for construction and maintenance of city streets.

Transportation Development – Accounts for funds received from Transportation Development Act’s Article 4 and Article 8.

Federal and State Grants – Accounts for the funds received from various grants, such as the State Recreation Program.

Public Safety – Accounts for proceeds of sales and assets that have been seized by law enforcement agencies during the investigation of criminal activities. These monies and the interest derived therefrom are used for the prevention, investigation, apprehension and prosecution of drug and other criminal law violators.

Library – Accounts for revenues from citizens gifts to the library. Expenditures are used for library programs enhancement.

Affordable Housing – Accounts for revenues collected and expenditures incurred in managing affordable housing.

Affordable Housing in Lieu – Accounts for revenues collected and expenditures incurred for the affordable housing in lieu fees program.

Coronado Tidelands – Accounts for revenues received through concession payments and slip rentals from Tideland area restaurants.
105 Attachment 1 City of Coronado Page 199

CITY OF CORONADO

PERMANENT FUNDS
A.B. Fry and Harlow Memorial Rose Garden Trusts – Accounts for principal and interest to be used for library improvements, and maintenance of the Harlow Memorial Rose Garden of the Library.

Pauline Freedman Bequest and Reynolds Endowment – Accounts for principal and interest income to be used for library improvements.

Ted and Marjorie Stearns Endowment – Accounts for the principal and interest income to be used for new children’s fictional and non-fictional books at the Coronado Library. 106 Attachment 1 City of Coronado Page 200

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107 Attachment 1 City of Coronado Page 201

CITY OF CORONADO

COMBINING BALANCE SHEET

NON-MAJOR GOVERNMENTAL FUNDS
JUNE 30, 2024
Gas Tax TransNet
Transportation
Development
Federal & State
Grants Public Safety
Assets:

Cash and investments $ 3,809,714 $ 77,205 $ 6,838,959 $ 180,502 $ 175,074 Accounts, grants and taxes receivable 105,440 156,330 39,736 30,079 - Notes receivable - - - - -
Interest receivable - - - - -
Allowance for uncollectible receivables - - - - -
Total Assets $ 3,915,154 $ 233,535 $ 6,878,695 $ 210,581 $ 175,074 Liabilities, Deferred Inflows and Fund Balances:

Liabilities:

Accounts payable $ 51,405 $ 18,387 $ 40,011 $ 12,570 $ - Unearned revenue - - - 150,000 -
Deposits payable - - - - -
Due to other funds - - - 12,594 -
Total Liabilities 51,405 18,387 40,011 175,164 -
Deferred Inflows:

Unavailable revenue - 156,330 - - -
Total Deferred Inflows - 156,330 - - -
Fund Balances:

Non-spendable - - - - -
Restricted 3,863,749 58,818 6,838,684 35,417 175,074
Total Fund Balances 3,863,749 58,818 6,838,684 35,417 175,074 Total Liabilities, Deferred Inflows and Fund
Balances $ 3,915,154 $ 233,535 $ 6,878,695 $ 210,581 $ 175,074 Special Revenue Funds S
108 Attachment 1 City of Coronado Page 202

CITY OF CORONADO

COMBINING BALANCE SHEET

NON-MAJOR GOVERNMENTAL FUNDS
JUNE 30, 2024
Assets:

Cash and investments
Accounts, grants and taxes receivable
Notes receivable
Interest receivable
Allowance for uncollectible receivables
Total Assets
Liabilities, Deferred Inflows and Fund Balances:

Liabilities:

Accounts payable
Unearned revenue
Deposits payable
Due to other funds
Total Liabilities
Deferred Inflows:

Unavailable revenue
Total Deferred Inflows
Fund Balances:

Non-spendable
Restricted
Total Fund Balances
Total Liabilities, Deferred Inflows and Fund
Balances
Library
Affordable
Housing
Affordable
Housing in Lieu
Coronado
Tidelands
$ 1,015,549 $ 105,849 $ 1,760,932 $ 8,809,939
- 992 - 64,065
- 6,587,200 - -
- 4,477,598 - -
- (10,264,798) - -
$ 1,015,549 $ 906,841 $ 1,760,932 $ 8,874,004
$ - $ - $ - $ 23,958
- - - -
- - - 46,036
- - - -
- - - 69,994
- - - -
- - - -
- - - -
1,015,549 906,841 1,760,932 8,804,010
1,015,549 906,841 1,760,932 8,804,010
$ 1,015,549 $ 906,841 $ 1,760,932 $ 8,874,004
(Continued)
Special Revenue Funds
109 Attachment 1 City of Coronado Page 203

CITY OF CORONADO

COMBINING BALANCE SHEET

NON-MAJOR GOVERNMENTAL FUNDS
JUNE 30, 2024
Assets:

Cash and investments
Accounts, grants and taxes receivable
Notes receivable
Interest receivable
Allowance for uncollectible receivables
Total Assets
Liabilities, Deferred Inflows and Fund Balances:

Liabilities:

Accounts payable
Unearned revenue
Deposits payable
Due to other funds
Total Liabilities
Deferred Inflows:

Unavailable revenue
Total Deferred Inflows
Fund Balances:

Non-spendable
Restricted
Total Fund Balances
Total Liabilities, Deferred Inflows and Fund
Balances
A.B Fry &
Harlow Memorial
Rose Garden
Trusts
Pauline Freedman
Bequest &
Reynolds
Endowment
Ted and Marjorie
Stearns
Endowment
Total Nonmajor
Governmental
Funds
$ 7,653 $ 36,650 $ 16,367 $ 22,834,393
- - - 396,642
- - - 6,587,200
- - - 4,477,598
- - - (10,264,798)
$ 7,653 $ 36,650 $ 16,367 $ 24,031,035
$ - $ - $ - $ 146,331
- - - 150,000
- - - 46,036
- - - 12,594
- - - 354,961
- - - 156,330
- - - 156,330
3,830 - 15,271 19,101
3,823 36,650 1,096 23,500,643
7,653 36,650 16,367 23,519,744
$ 7,653 $ 36,650 $ 16,367 $ 24,031,035
(Continued) (Concluded)
Permanent Funds
110 Attachment 1 City of Coronado Page 204

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111 Attachment 1 City of Coronado Page 205

CITY OF CORONADO

COMBINING STATEMENT OF REVENUES,

EXPENDITURES AND CHANGES IN FUND BALANCES

NON-MAJOR GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2024
Gas Tax TransNet
Transportation
Development
Federal & State
Grants Public Safety
Revenues:

Intergovernmental $ 1,199,716 $ 54,196 $ - $ 42,094 $ 48,409 Charges for services - 284 - - -
Use of money and property 184,166 7,953 362,495 6,500 8,877 Reimbursements - - 353,736 - -
Miscellaneous - - - - -
Total Revenue 1,383,882 62,433 716,231 48,594 57,286
Expenditures:

Current:

Public safety - - - 44,858 41,885
Construction and maintenance 263,394 - 361,564 - -
Culture and leisure - - - - -
Planning and building services - - - - -
Capital outlay 17,997 210,046 - 12,451 -
Total Expenditures 281,391 210,046 361,564 57,309 41,885 1,102,491 (147,613) 354,667 (8,715) 15,401
Net Change in Fund Balances 1,102,491 (147,613) 354,667 (8,715) 15,401 Fund Balances, Beginning of the Year, Restated 2,761,258 206,431 6,484,017 44,132 159,673 Fund Balances, End of Year $ 3,863,749 $ 58,818 $ 6,838,684 $ 35,417 $ 175,074 Special Revenue Funds
Excess (Deficiency) of Revenues Over (Under) Expenditures 112 Attachment 1 City of Coronado Page 206

CITY OF CORONADO

COMBINING STATEMENT OF REVENUES,

EXPENDITURES AND CHANGES IN FUND BALANCES

NON-MAJOR GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2024
Revenues:

Intergovernmental
Charges for services
Use of money and property
Reimbursements
Miscellaneous
Total Revenue
Expenditures:

Current:

Public safety
Construction and maintenance
Culture and leisure
Planning and building services
Capital outlay
Total Expenditures
Net Change in Fund Balances
Fund Balances, Beginning of the Year, Restated
Fund Balances, End of Year
Excess (Deficiency) of Revenues Over (Under) Expenditures Library Affordable Housing
Affordable Housing
in Lieu Coronado Tidelands
$ - $ - $ - $ -
- - 168,000 1,955,124
48,951 94,729 90,792 448,697
- - - -
67,302 1,000 - -
116,253 95,729 258,792 2,403,821
- - - -
- - - -
57,116 - - 905,604
- 6,503 - -
- - - -
57,116 6,503 - 905,604
59,137 89,226 258,792 1,498,217
59,137 89,226 258,792 1,498,217
956,412 817,615 1,502,140 7,305,793
$ 1,015,549 $ 906,841 $ 1,760,932 $ 8,804,010
(Continued)
Special Revenue Funds
113 Attachment 1 City of Coronado Page 207

CITY OF CORONADO

COMBINING STATEMENT OF REVENUES,

EXPENDITURES AND CHANGES IN FUND BALANCES

NON-MAJOR GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2024
Revenues:

Intergovernmental
Charges for services
Use of money and property
Reimbursements
Miscellaneous
Total Revenue
Expenditures:

Current:

Public safety
Construction and maintenance
Culture and leisure
Planning and building services
Capital outlay
Total Expenditures
Net Change in Fund Balances
Fund Balances, Beginning of the Year, Restated
Fund Balances, End of Year
Excess (Deficiency) of Revenues Over (Under) Expenditures A.B Fry & Harlow
Memorial Rose
Garden Trusts
Pauline Freedman
Bequest & Reynolds
Endowment
Ted and Marjorie
Stearns Endowment
Total Nonmajor
Governmental
Funds
$ - $ - $ - $ 1,344,415
- - - 2,123,408
327 1,559 695 1,255,741
- - - 353,736
- - - 68,302
327 1,559 695 5,145,602
- - - 86,743
- - - 624,958
- - - 962,720
- - - 6,503
- - - 240,494
- - - 1,921,418
327 1,559 695 3,224,184
327 1,559 695 3,224,184
7,326 35,091 15,672 20,295,560
$ 7,653 $ 36,650 $ 16,367 $ 23,519,744
(Continued) (Concluded)
Permanent Funds
114 Attachment 1 City of Coronado Page 208

CITY OF CORONADO

BUDGETARY COMPARISON SCHEDULE

GAS TAX
YEAR ENDED JUNE 30, 2024
Original Final Actual Amounts
Revenues:

Intergovernmental $ 1,265,824 $ 1,265,824 $ 1,199,716 $ (66,108) Use of money and property 40,790 40,790 184,166 143,376 Total Revenues 1,306,614 1,306,614 1,383,882 77,268
Expenditures:

Construction and maintenance 558,537 1,058,537 263,394 (795,143) Capital outlay 500,000 1,549,337 17,997 (1,531,340)
Total Expenditures 1,058,537 2,607,874 281,391 (2,326,483) Net Change in Fund Balance 248,077 (1,301,260) 1,102,491 2,403,751 Budgetary Fund Balance, July 1 2,761,258 2,761,258 2,761,258 - Budgetary Fund Balance, June 30 $ 3,009,335 $ 1,459,998 $ 3,863,749 $ 2,403,751 Budget Amounts Actual
Over/(Under)
115 Attachment 1 City of Coronado Page 209

CITY OF CORONADO

BUDGETARY COMPARISON SCHEDULE

TRANSNET
YEAR ENDED JUNE 30, 2024
Original Final Actual Amounts
Revenues:

Intergovernmental $ 809,314 $ 809,314 $ 54,196 $ (755,118) Charges for services 2,000 2,000 284 (1,716)
Use of money and property 1,510 1,510 7,953 6,443
Total Revenues 812,824 812,824 62,433 (750,391)
Expenditures:

Construction and maintenance - 80,000 - (80,000)
Capital outlay 700,000 3,441,750 210,046 (3,231,704)
Total Expenditures 700,000 3,521,750 210,046 (3,311,704) Net Change in Fund Balance 112,824 (2,708,926) (147,613) 2,561,313 Budgetary Fund Balance, July 1 206,431 206,431 206,431 - Budgetary Fund Balance, June 30 $ 319,255 $ (2,502,495) $ 58,818 $ 2,561,313 Budget Amounts Actual
Over/(Under)
116 Attachment 1 City of Coronado Page 210

CITY OF CORONADO

BUDGETARY COMPARISON SCHEDULE

TRANSPORTATION DEVELOPMENT
YEAR ENDED JUNE 30, 2024
Original Final Actual Amounts
Revenues:

Use of money and property $ 107,820 $ 107,820 $ 362,495 $ 254,675 Reimbursements 200,000 200,000 353,736 153,736
Total Revenues 307,820 307,820 716,231 408,411
Expenditures:

Construction and maintenance 329,960 5,205,752 361,564 (4,844,188) Capital outlay - 428,117 - (428,117)
Total Expenditures 329,960 5,633,869 361,564 (5,272,305) Net Change in Fund Balance (22,140) (5,326,049) 354,667 5,680,716 Budgetary Fund Balance, July 1 6,484,017 6,484,017 6,484,017 - Budgetary Fund Balance, June 30 $ 6,461,877 $ 1,157,968 $ 6,838,684 $ 5,680,716 Budget Amounts Actual
Over/(Under)
117 Attachment 1 City of Coronado Page 211

CITY OF CORONADO

BUDGETARY COMPARISON SCHEDULE

FEDERAL & STATE GRANTS
YEAR ENDED JUNE 30, 2024
Original Final Actual Amounts
Revenues:

Intergovernmental $ 92,328 $ 132,156 $ 42,094 $ (90,062) Use of money and property - - 6,500 6,500
Total Revenues 92,328 132,156 48,594 (83,562)
Expenditures:

Public safety 70,266 210,946 44,858 (166,088)
Capital outlay - - 12,451 12,451
Total Expenditures 70,266 210,946 57,309 (153,637)
Net Change in Fund Balance 22,062 (78,790) (8,715) 70,075 Budgetary Fund Balance, July 1 44,132 44,132 44,132 -
Budgetary Fund Balance, June 30 $ 66,194 $ (34,658) $ 35,417 $ 70,075 Budget Amounts Actual
Over/(Under)
118 Attachment 1 City of Coronado Page 212

CITY OF CORONADO

BUDGETARY COMPARISON SCHEDULE

PUBLIC SAFETY
YEAR ENDED JUNE 30, 2024
Original Final Actual Amounts
Revenues:

Intergovernmental $ 2,500 $ 2,500 $ 48,409 $ 45,909
Use of money and property 2,630 2,630 8,877 6,247
Total Revenues 5,130 5,130 57,286 52,156
Expenditures:

Public safety 44,020 44,020 41,885 (2,135)
Total Expenditures 44,020 44,020 41,885 (2,135)
Net Change in Fund Balance (38,890) (38,890) 15,401 54,291 Budgetary Fund Balance, July 1 159,673 159,673 159,673 - Budgetary Fund Balance, June 30 $ 120,783 $ 120,783 $ 175,074 $ 54,291 Budget Amounts Actual
Over/(Under)
119 Attachment 1 City of Coronado Page 213

CITY OF CORONADO

BUDGETARY COMPARISON SCHEDULE

LIBRARY
YEAR ENDED JUNE 30, 2024
Original Final Actual Amounts
Revenues:

Use of money and property $ 14,900 $ 14,900 $ 48,951 $ 34,051 Miscellaneous 70,000 70,000 67,302 (2,698)
Total Revenues 84,900 84,900 116,253 31,353
Expenditures:

Culture and leisure 110,500 110,500 57,116 (53,384)
Total Expenditures 110,500 110,500 57,116 (53,384)
Net Change in Fund Balance (25,600) (25,600) 59,137 84,737 Budgetary Fund Balance, July 1 956,412 956,412 956,412 - Budgetary Fund Balance, June 30 $ 930,812 $ 930,812 $ 1,015,549 $ 84,737 Budget Amounts Actual
Over/(Under)
120 Attachment 1 City of Coronado Page 214

CITY OF CORONADO

BUDGETARY COMPARISON SCHEDULE

AFFORDABLE HOUSING
YEAR ENDED JUNE 30, 2024
Original Final Actual Amounts
Revenues:

Use of money and property $ 68,000 $ 68,000 $ 94,729 $ 26,729 Miscellaneous - - 1,000 1,000
Total Revenues 68,000 68,000 95,729 27,729
Expenditures:

Planning and building services 20,600 21,350 6,503 (14,847) Total Expenditures 20,600 21,350 6,503 (14,847)
Net Change in Fund Balance 47,400 46,650 89,226 42,576
Budgetary Fund Balance, July 1 817,615 817,615 817,615 - Budgetary Fund Balance, June 30 $ 865,015 $ 864,265 $ 906,841 $ 42,576 Budget Amounts Actual
Over/(Under)
121 Attachment 1 City of Coronado Page 215

CITY OF CORONADO

BUDGETARY COMPARISON SCHEDULE

AFFORDABLE HOUSING IN LIEU
YEAR ENDED JUNE 30, 2024
Original Final Actual Amounts
Revenues:

Charges for services $ 50,000 $ 50,000 $ 168,000 $ 118,000 Use of money and property 27,310 27,310 90,792 63,482
Total Revenues 77,310 77,310 258,792 181,482
Net Change in Fund Balance 77,310 77,310 258,792 181,482 Budgetary Fund Balance, July 1 1,502,140 1,502,140 1,502,140 - Budgetary Fund Balance, June 30 $ 1,579,450 $ 1,579,450 $ 1,760,932 $ 181,482 Budget Amounts Actual
Over/(Under)
122 Attachment 1 City of Coronado Page 216

CITY OF CORONADO

BUDGETARY COMPARISON SCHEDULE

CORONADO TIDELANDS
YEAR ENDED JUNE 30, 2024
Original Final Actual Amounts
Revenues:

Charges for services $ 1,550,000 $ 1,550,000 $ 1,955,124 $ 405,124 Use of money and property 119,020 119,020 448,697 329,677 Total Revenues 1,669,020 1,669,020 2,403,821 734,801
Expenditures:

Culture and leisure 855,120 855,120 905,604 50,484
Total Expenditures 855,120 855,120 905,604 50,484
Net Change in Fund Balance 813,900 813,900 1,498,217 684,317 Budgetary Fund Balance, July 1 7,305,793 7,305,793 7,305,793 - Budgetary Fund Balance, June 30 $ 8,119,693 $ 8,119,693 $ 8,804,010 $ 684,317 Budget Amounts Actual
Over/(Under)
Budget
123 Attachment 1 City of Coronado Page 217

CITY OF CORONADO

BUDGETARY COMPARISON SCHEDULE

CAPITAL PROJECTS FUND
YEAR ENDED JUNE 30, 2024
Original Final Actual Amounts
Revenues:

Use of money and property $ - $ - $ 746,972 $ 746,972
Total Revenues - - 746,972 746,972
Expenditures:

Capital outlay 716,440 12,322,854 4,200,760 (8,122,094) Total Expenditures 716,440 12,322,854 4,200,760 (8,122,094) Excess (Deficiency) of Revenues
Over (Under) Expenditures (716,440) (12,322,854) (3,453,788) 8,869,066 Other Financing Sources (Uses):

Transfers in 716,440 12,716,440 12,716,440 -
Total Other Financing Sources (Uses) 716,440 12,716,440 12,716,440 - Net Change in Fund Balance - 393,586 9,262,652 8,869,066 Budgetary Fund Balance, July 1 34,743,355 34,743,355 34,743,355 - Budgetary Fund Balance, June 30 $ 34,743,355 $ 35,136,941 $ 44,006,007 $ 8,869,066 Budget Amounts Actual
Over/(Under)
124 Attachment 1 City of Coronado Page 218

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125 Attachment 1 City of Coronado Page 219

CITY OF CORONADO

STATISTICAL SECTION
126 Attachment 1 City of Coronado Page 220

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127 Attachment 1 City of Coronado Page 221
Statistical Section
This part of the City of Coronado’s Annual Comprehensive Financial Report presents detailed information as a context for understanding what the information in the financial statements, notes disclosures, and required supplementary information says about the City’s overall financial health.

Contents
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 Last Ten Fiscal Years
• Governmental Activities Tax Revenues by Source Last Ten Fiscal Years • Fund Balances of Governmental Funds Last Ten Fiscal Years • Changes in Fund Balances of Governmental Funds Last Ten Fiscal Years Revenue Capacity
These schedules contain information to help the reader assess the factors affecting the City’s ability to generate its property taxes.
• Assessed Value of Taxable Property Last Ten Fiscal Years • Property Tax Rates - Direct and Overlapping Governments (Per $100 of Assessed Value) Last Ten Fiscal Years.
• Principal Property Tax Payers Based on Gross Assessed Values Current Year and Nine Years Ago
• General Property Tax Levies and Collections Last Ten Fiscal Years Debt Capacity
These schedules present information to help the reader assess the affordability of the City’s current levels of outstanding debt and the City’s ability to issue additional debt in the future. • Schedule of Debt Ratios Last Ten Fiscal Years
• Schedule of Direct and Overlapping Debt, June 30, 2023 • Schedule of Legal Debt Margin, June 30, 2023
• Pledged Revenue Coverage – Storm Drain Revenue Bonds Last Ten Fiscal Years 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 and to help make comparisons over time and with other governments.
• Demographic and Economic Statistics Last Ten Fiscal Years • Principal Employers by Employee Size June 30, 2023 and June 30, 2014 Operating Information
These schedules contain information about the City’s operations and resources to help the reader understand how the City’s financial information relates to the services the City provides. • Full – Time and Part – Time City Employees Last Ten Fiscal Years • Operating Indicators by Function Last Ten Fiscal Years • Capital Assets Statistics by Function Last Ten Fiscal Years Sources: Unless otherwise noted, the information in these schedules is derived from the annual comprehensive financial reports for the relevant year.
128 Attachment 1 City of Coronado Page 222
2014-15 2015-16 2016-17 2017-18
Governmental activities:

Net investment in capital assets $ 116,205,185 $ 119,396,004 $ 128,475,663 $ 129,502,485 Restricted 15,034,923 15,373,001 17,402,258 23,770,635
Unrestricted 75,817,464 87,417,337 102,264,206 99,784,410 Total governmental activities net position $ 207,057,572 $ 222,186,342 $ 248,142,127 $ 253,057,530 Business-type activities:

Net investment in capital assets $ 36,386,056 $ 36,024,815 $ 36,958,117 $ 37,493,053 Restricted - - - -
Unrestricted 7,247,527 9,135,426 10,532,940 12,463,634
Total business-type activities net position $ 43,633,583 $ 45,160,241 $ 47,491,057 $ 49,956,687 Primary government:

Net investment in capital assets $ 152,591,241 $ 155,420,819 $ 165,433,780 $ 166,995,538 Restricted 15,034,923 15,373,001 17,402,258 23,770,635
Unrestricted 83,064,991 96,552,763 112,797,146 112,248,044 Total primary government net position $ 250,691,155 $ 267,346,583 $ 295,633,184 $ 303,014,217

CITY OF CORONADO

NET POSITION BY COMPONENT
TABLE 1
(accrual basis of accounting)

LAST TEN FISCAL YEARS
Fiscal Year
129 Attachment 1 City of Coronado Page 223

CITY OF CORONADO
2018-19 2019-20 2020-21 2021-22 2022-23 2023-24
$ 129,961,176 $ 131,584,730 $ 129,875,175 $ 130,411,480 $ 127,311,375 $ 128,507,020 50,900,920 47,904,346 50,310,634 38,145,227 37,705,508 41,574,574 78,862,469 78,358,378 73,512,302 98,843,320 119,925,342 113,158,469 $ 259,724,565 $ 257,847,454 $253,698,111 $267,400,027 $284,942,225 $283,240,063 $ 39,487,586 $ 42,951,193 $ 42,081,320 $ 45,296,225 $ 49,420,287 $ 57,420,625 - - - - - -
12,491,878 12,066,044 15,605,653 16,198,756 16,120,977 23,696,831 $ 51,979,464 $ 55,017,237 $57,686,973 $61,494,981 $65,541,264 $81,117,456 $ 169,448,762 $ 174,535,923 $ 171,956,495 $ 175,707,705 $ 176,731,662 $ 185,927,645 50,900,920 47,904,346 50,310,634 38,145,227 37,705,508 41,574,574 91,354,347 90,424,422 89,117,955 115,042,076 136,046,319 136,855,300 $ 311,704,029 $ 312,864,691 $311,385,084 $328,895,008 $350,483,489 $364,357,519 (Continued)
TABLE 1
Fiscal Year
(accrual basis of accounting)

LAST TEN FISCAL YEARS

NET POSITION BY COMPONENT
130 Attachment 1 City of Coronado Page 224

CITY OF CORONADO
2014-15 2015-16 2016-17 2017-18 2018-19
EXPENSES:

Governmental activities:

General Government $ 10,216,886 $ 8,171,947 $ 9,075,297 $ 9,036,409 $ 9,625,099 Public Safety 18,206,809 17,056,540 21,137,286 22,482,515 22,190,452 Construction and Maintenance 7,672,654 9,390,678 12,638,735 13,716,094 15,359,543 Culture and Leisure 7,960,184 7,641,820 10,431,184 9,538,728 10,779,164 Planning and Building Services 1,898,035 1,940,944 1,964,832 1,905,631 2,226,423 Housing 345,684 373,521 191,167 192,706 110,550
Tidelands 910,470 - - - -
Redevelopment - - - - -
Transportation 178,076 - - - -
Interest on long-term debt 993 147 - - -
Total governmental activities expenses 47,389,791 44,575,597 55,438,501 56,872,083 60,291,231 Business-type activities:

Wastewater 5,584,621 5,778,977 6,475,568 6,540,317 7,155,168 Golf 3,136,398 2,984,531 2,936,296 3,247,361 3,989,913
Storm Drain 1,359,668 1,121,395 977,814 1,279,577 1,545,418 Total business-type activities expenses 10,080,687 9,884,903 10,389,678 11,067,255 12,690,499 Total primary government expenses 57,470,478 54,460,500 65,828,179 67,939,338 72,981,730 PROGRAM REVENUES:

Governmental activities:

Charges for services:

General government 1,634,874 1,971,562 2,354,134 2,209,553 2,163,343 Public safety 1,226,901 792,715 1,266,032 1,455,150 1,442,590 Construction and maintenance 27,433 416,711 129,336 548,385 414,638 Culture and leisure 3,761,653 3,941,656 2,780,538 2,717,556 2,615,932 Planning and building services 1,582,416 1,742,250 1,753,389 1,373,532 1,645,876 Housing 376,923 371,749 376,354 349,206 304,437
Tidelands 1,313,307 - - - -
Transportation 18,527 - - - -
Operating grants and contributions 2,243,153 3,858,205 3,649,003 2,680,923 2,040,841 Capital grants and contributions 342,636 46,340 1,330,075 971,783 1,572,599 Total governmental activities
program revenues 12,527,823 13,141,188 13,638,861 12,306,088 12,200,256 Business type activities:

Charges for services:

Wastewater 5,620,922 6,875,646 7,417,758 8,410,542 8,762,715 Golf 3,003,543 2,992,019 2,894,708 3,326,824 3,410,058
Storm Drain 573,055 574,996 602,653 848,179 731,814
Total business type activities
program revenues 9,197,520 10,442,661 10,915,119 12,585,545 12,904,587 Total primary government
program revenues 21,725,343 23,583,849 24,553,980 24,891,633 25,104,843 TABLE 2
Fiscal Year

CHANGES IN NET POSITION

LAST TEN FISCAL YEARS
(accrual basis of accounting)
131 Attachment 1 City of Coronado Page 225

CITY OF CORONADO
2019-20 2020-21 2021-22 2022-23 2023-24
EXPENSES:

Governmental activities:

General Government $ 11,723,725 $ 11,983,665 $ 10,423,903 $ 13,435,216 $ 15,696,649 Public Safety 24,962,050 27,756,674 23,767,540 29,688,984 32,567,622 Construction and Maintenance 16,673,131 13,984,450 11,584,251 13,882,871 15,964,132 Culture and Leisure 10,158,149 8,171,526 9,036,246 11,286,300 12,257,794 Planning and Building Services 3,054,353 3,634,687 2,745,784 3,385,350 3,782,889 Housing 23,810 126,804 97,330 190,426 6,503
Tidelands - - - -
Redevelopment - - - -
Transportation - - - -
Interest on long-term debt - - - -
Total governmental activities expenses 66,595,218 65,657,806 57,655,053 71,869,147 80,275,588 Business-type activities:

Wastewater 6,442,924 6,708,941 6,276,533 6,226,744 8,142,956 Golf 3,584,465 3,400,518 3,485,940 3,868,055 4,309,563
Storm Drain 1,171,761 1,374,070 1,301,421 1,511,018 3,658,510 Total business-type activities expenses 11,199,150 11,483,529 11,063,894 11,605,817 16,111,029 Total primary government expenses 77,794,368 77,141,335 68,718,947 83,474,964 96,386,617 PROGRAM REVENUES:

Governmental activities:

Charges for services:

General government 2,372,274 2,421,046 2,316,005 2,536,493 2,681,464 Public safety 1,329,442 906,666 242,907 361,356 352,997 Construction and maintenance 580,507 512,398 570,751 486,055 616,311 Culture and leisure 1,695,062 831,207 1,317,204 1,946,857 1,587,053 Planning and building services 1,648,483 1,525,864 1,699,966 1,648,414 1,447,295 Housing 42,000 21,000 98,000 28,000 168,000
Tidelands - - - - -
Transportation - - - - -
Operating grants and contributions 3,123,744 3,089,246 5,996,232 6,559,734 4,529,110 Capital grants and contributions 2,278,197 1,081,528 990,735 137,297 291,427 Total governmental activities
program revenues 13,069,709 10,388,955 13,231,800 13,704,206 11,673,657 Business type activities:

Charges for services:

Wastewater 8,582,092 7,867,326 9,534,408 7,836,385 8,705,908 Golf 3,542,115 4,765,583 4,756,241 4,731,490 4,846,636
Storm Drain 677,479 646,526 672,044 663,960 2,237,320
Total business type activities
program revenues 12,801,686 13,279,435 14,962,693 13,231,835 15,789,864 Total primary government
program revenues 25,871,395 23,668,390 28,194,493 26,936,041 27,463,521 (Continued) (Continued) (Continued)
Fiscal Year

CHANGES IN NET POSITION

LAST TEN FISCAL YEARS
(accrual basis of accounting)
TABLE 2
132 Attachment 1 City of Coronado Page 226

CITY OF CORONADO
2014-15 2015-16 2016-17 2017-18 2018-19
TABLE 2
Fiscal Year

CHANGES IN NET POSITION

LAST TEN FISCAL YEARS
(accrual basis of accounting)
Net revenues (expenses):

Governmental activities (34,861,968) (31,434,409) (41,799,640) (44,565,995) (48,090,975) Business-type activities (883,167) 557,758 525,441 1,518,290 214,088 Total net revenue (expenses) (35,745,135) (30,876,651) (41,274,199) (43,047,705) (47,876,887) GENERAL REVENUE AND OTHER CHANGES IN NET POSITION:

Governmental Activities:

Taxes:

Property Taxes 24,557,604 27,011,615 27,680,962 29,515,386 31,137,618 Transient occupancy taxes 13,763,729 13,818,817 14,577,717 15,264,023 15,650,765 Sales and use taxes 3,493,272 4,041,392 3,338,149 3,383,032 3,602,816 Franchise & Other taxes 1,606,790 1,186,785 2,082,265 2,185,830 2,030,015 Use of Money and Property 118,868 336,345 488,996 1,860,088 3,081,788 Other 74,564 56,756 167,633 935,155 215,313
Extraordinary gain and special items 21,868,662 - 12,190,821 2,780,754 364,695 Transfers 68,300 111,469 116,746 (975,000) (1,325,000)
Total governmental activities 65,551,789 46,563,179 60,643,289 54,949,268 54,758,010 Business type activities:

Use of Money and Property 66,018 131,477 57,584 139,523 483,689 Gain on sale of capital assets 2,250 (10,294) - - -
Other 2,504,661 959,186 1,864,537 - -
Extraordinary gain and special items 7,102,369 - - - -
Transfers (68,300) (111,469) (116,746) 975,000 1,325,000 Total business type activities 9,606,998 968,900 1,805,375 1,114,523 1,808,689 Total primary government 75,158,787 47,532,079 62,448,664 56,063,791 56,566,699 Changes in net position
Government activities 30,689,821 15,128,770 18,843,649 10,383,273 6,667,035 Business-type activities 8,723,831 1,526,658 2,330,816 2,632,813 2,022,777 Total primary government $ 39,413,652 $ 16,655,428 $ 21,174,465 $ 13,016,086 $ 8,689,812 133 Attachment 1 City of Coronado Page 227

CITY OF CORONADO
2019-20 2020-21 2021-22 2022-23 2023-24
Fiscal Year

CHANGES IN NET POSITION

LAST TEN FISCAL YEARS
(accrual basis of accounting)
TABLE 2
Net revenues (expenses):

Governmental activities (53,525,509) (55,268,851) (44,423,253) (58,164,941) (68,601,931) Business-type activities 1,602,536 1,795,906 3,898,799 1,626,018 (321,165) Total net revenue (expenses) (51,922,973) (53,472,945) (40,524,454) (56,538,923) (68,923,096) GENERAL REVENUE AND OTHER CHANGES IN NET POSITION:

Governmental Activities:

Taxes:

Property Taxes 32,763,440 34,299,322 35,783,998 39,098,953 41,874,992 Transient occupancy taxes 10,993,396 9,595,095 19,745,307 22,741,252 21,358,089 Sales and use taxes 2,889,322 2,884,335 4,800,531 5,015,515 4,875,464 Franchise & Other taxes 1,910,180 2,159,854 1,639,188 2,052,307 2,192,781 Use of Money and Property 3,576,441 2,780,960 (3,648,551) 6,397,979 9,298,258 Other 200,619 84,942 304,696 1,011,620 151,578
Extraordinary gain and special items - - - - -
Transfers (685,000) (685,000) (500,000) (610,487) (12,851,393) Total governmental activities 51,648,398 51,119,508 58,125,169 75,707,139 66,899,769 Business type activities:

Use of Money and Property 750,237 188,830 (366,923) 1,809,778 3,045,964 Gain on sale of capital assets - - - - -
Other - - - - -
Extraordinary gain and special items - - - - -
Transfers 685,000 685,000 500,000 610,487 12,851,393
Total business type activities 1,435,237 873,830 133,077 2,420,265 15,897,357 Total primary government 53,083,635 51,993,338 58,258,246 78,127,404 82,797,126 Changes in net position
Government activities (1,877,111) (4,149,343) 13,701,916 17,542,198 (1,702,162) Business-type activities 3,037,773 2,669,736 4,031,876 4,046,283 15,576,192 Total primary government $ 1,160,662 $ (1,479,607) $ 17,733,792 $ 21,588,481 $ 13,874,030 (Concluded)
134 Attachment 1 City of Coronado Page 228

THIS PAGE INTENTIONALLY LEFT BLANK
135 Attachment 1 City of Coronado Page 229
Property Taxes
Sales and
Use Taxes
Transient
Occupancy
Taxes Tax Increment
Franchise &
Other Taxes Totals
24,557,604 3,493,272 13,763,729 - 1,606,790 43,421,395
27,011,615 4,041,392 13,818,817 - 1,186,785 46,058,609
27,680,962 3,338,149 14,577,717 - 2,082,265 47,679,093
29,515,386 3,383,032 15,264,023 - 2,185,830 50,348,271
31,137,618 3,602,816 15,650,765 - 2,030,015 52,421,214
32,763,440 2,889,322 10,993,396 - 1,910,180 48,556,338
34,299,322 2,884,335 9,595,095 - 2,159,854 48,938,606
35,783,998 4,800,531 19,745,307 - 1,639,188 61,969,024
39,098,953 5,015,515 22,741,252 - 2,052,307 68,908,027
41,874,992 4,875,464 21,358,089 - 2,192,781 70,301,326
2020-21
2019-20
2018-19
2022-23
2023-24
2021-22
(accrual basis of accounting)
TABLE 3

CITY OF CORONADO

GOVERNMENTAL ACTIVITIES TAX REVENUES BY SOURCE

LAST TEN FISCAL YEARS
Fiscal Year
2014-15
2015-16
2016-17
2017-18
136 Attachment 1 City of Coronado Page 230

CITY OF CORONADO
2014-15 2015-16 2016-17 2017-18
General fund:

Non-spendable $ 4,130,959 $ 4,058,544 $ 3,627,332 $ 3,406,472 Restricted 210,294 260,471 354,153 4,650,146
Committed 11,068,000 22,051,000 24,107,000 29,850,000
Assigned 24,015,402 17,468,480 18,527,767 16,392,008
Unassigned 36,870,315 24,062,440 23,820,586 25,852,210
Total general fund 76,294,970 67,900,935 70,436,838 80,150,836 All other governmental funds:

Nonspendable - - - 25,200
Restricted 14,824,629 15,112,530 17,048,105 19,120,489
Assigned 5,080,752 21,047,743 29,202,441 32,252,756
Unassigned - - - -
Total all other governmental funds 19,905,381 36,160,273 46,250,546 51,398,445 Total Governmental funds $ 96,200,351 $ 104,061,208 $ 116,687,384 $ 131,549,281 Fiscal Year

FUND BALANCES OF GOVERNMENTAL FUNDS
TABLE 4

LAST TEN FISCAL YEARS
(modified accrual basis of accounting)
137 Attachment 1 City of Coronado Page 231

CITY OF CORONADO
2018-19 2019-20 2020-21 2021-22 2022-23 2023-24
$ 7,122,571 $ 9,163,218 $ 7,541,314 $ 6,824,963 $ 6,175,143 $ 5,517,317 45,324,841 27,268,901 29,824,069 32,685,472 32,248,740 35,106,715 31,350,000 28,486,000 31,350,000 32,116,000 36,025,000 37,814,000 17,036,668 31,343,174 29,859,764 30,227,994 33,861,276 20,904,455 18,985,280 27,498,711 27,156,387 30,705,184 42,252,230 43,018,896 119,819,360 123,760,004 125,731,534 132,559,613 150,562,389 142,361,384 26,000 - 18,901 18,699 18,938 19,101
20,840,529 20,635,445 20,467,664 18,123,140 20,276,622 23,500,643 31,871,841 31,160,347 30,180,785 32,361,788 34,743,355 44,006,007 - - - - -
52,738,370 51,795,792 50,667,350 50,503,627 55,038,915 67,525,751 $ 172,557,730 $ 175,555,796 $ 176,398,884 $ 183,063,240 $ 205,601,304 $ 209,887,135 NOTE:
(1) Substantial increases or decreases in fund balance components are explained in the Management Discussion and Analysis Section (MD&A).

Fiscal Year
TABLE 4
(modified accrual basis of accounting)

LAST TEN FISCAL YEARS

FUND BALANCES OF GOVERNMENTAL FUNDS
138 Attachment 1 City of Coronado Page 232

CITY OF CORONADO
2014-15 2015-16 2016-17 2017-18 2018-19
REVENUES:

Taxes $ 43,621,796 $ 46,010,444 $ 47,552,533 $ 50,348,271 $ 52,421,214 Licenses and permits 1,179,376 1,526,619 1,482,048 1,084,087 1,205,799 Intergovernmental 1,952,355 1,940,449 3,061,093 2,109,351 1,814,836 Charges for current services 5,514,599 7,420,789 6,923,874 7,208,311 6,889,612 Use of money and property 2,377,227 1,092,243 488,996 1,860,088 3,081,788 Fines and forfeitures 369,467 360,399 333,356 360,984 378,703 Miscellaneous 284,122 219,550 214,698 935,155 215,313
Contributions - - - - -
Reimbursements 1,612,238 1,559,759 3,340,125 1,543,355 1,772,158 Total revenues 56,911,180 60,130,252 63,396,723 65,449,602 67,779,423 EXPENDITURES:

Current:

General government 6,502,813 7,262,147 8,089,542 8,251,827 9,022,893 Public safety 23,013,782 18,748,416 19,642,662 19,755,841 20,732,847 Construction and maintenance 7,902,181 8,655,931 9,791,994 11,012,267 11,377,360 Culture and leisure 7,642,170 7,778,976 8,373,053 8,470,179 9,559,748 Planning and building services 1,652,353 1,722,191 2,040,854 2,001,280 2,247,536 Housing 219,782 275,743 - - -
Transportation 178,076 - - - -
Capital outlay 4,417,857 7,113,990 13,192,328 5,964,861 5,620,390 Debt service:

Principal retirement 45,946 23,323 - - -
Interest and fiscal charges 993 147 - - -
Total Expenditures 51,575,953 51,580,864 61,130,433 55,456,255 58,560,774

EXCESS (DEFICIENCY) OF REVENUES
OVER (UNDER) EXPENDITURES 5,335,227 8,549,388 2,266,290 9,993,347 9,218,649 OTHER FINANCING SOURCES (USES):

Transfers in 1,293,500 19,352,230 19,331,945 6,057,826 3,885,000 Transfers out (1,225,200) (20,040,761) (21,162,880) (7,032,826) (5,210,000) Other debts issued - - - - -
Total Other financing sources (uses) 68,300 (688,531) (1,830,935) (975,000) (1,325,000) Special item (6,457,890) - 12,190,821 2,780,754 33,114,800 NET CHANGE IN FUND BALANCES $ (1,054,363) $ 7,860,857 $ 12,626,176 $ 11,799,101 $ 41,008,449 Debt service as a percentage of
noncapital expenditures 0.10% 0.05% 0.00% 0.00% 0.00%
TABLE 5
Fiscal Year

CHANGES IN FUND BALANCE OF GOVERNMENTAL FUNDS

LAST TEN FISCAL YEARS
(modified accrual basis of accounting)
139 Attachment 1 City of Coronado Page 233

CITY OF CORONADO
2019-20 2020-21 2021-22 2022-23 2023-24
REVENUES:

Taxes $ 48,556,338 $ 48,938,606 $ 61,969,024 $ 69,430,171 $ 70,788,932 Licenses and permits 1,114,095 817,558 817,934 676,855 784,031 Intergovernmental 3,142,932 2,601,328 5,520,884 4,699,074 1,852,623 Charges for current services 6,186,875 5,185,447 6,051,783 6,512,322 6,395,796 Use of money and property 3,576,441 2,780,960 (3,636,890) 6,560,293 9,464,893 Fines and forfeitures 366,798 215,176 220,731 300,784 298,149 Miscellaneous 200,619 84,942 304,696 1,021,925 202,383
Contributions - - - - -
Reimbursements 2,259,009 1,569,446 1,513,723 1,586,746 2,323,977 Total revenues 65,403,107 62,193,463 72,761,885 90,788,170 92,110,784 EXPENDITURES:

Current:

General government 9,945,290 10,354,476 10,997,768 12,333,936 13,799,796 Public safety 21,950,225 23,950,588 25,175,627 27,286,201 28,307,764 Construction and maintenance 11,770,733 12,072,194 12,031,555 12,538,668 13,747,830 Culture and leisure 8,473,309 7,055,799 8,309,747 9,313,892 9,721,152 Planning and building services 2,651,672 3,247,314 3,145,616 3,406,124 3,406,030 Housing - - - - -
Transportation - - - - -
Capital outlay 6,928,812 3,985,004 5,937,216 2,658,687 5,804,811 Debt service:

Principal retirement - - - 170,157 160,153
Interest and fiscal charges - - - 2,061 26,024
Total Expenditures 61,720,041 60,665,375 65,597,529 67,709,726 74,973,560

EXCESS (DEFICIENCY) OF REVENUES
OVER (UNDER) EXPENDITURES 3,683,066 1,528,088 7,164,356 23,078,444 17,137,224 OTHER FINANCING SOURCES (USES):

Transfers in 2,356,000 930,000 3,005,000 3,184,042 12,728,243 Transfers out (3,041,000) (1,615,000) (3,505,000) (3,794,529) (25,579,636) Other debts issued - - - 70,107 -
Total Other financing sources (uses) (685,000) (685,000) (500,000) (540,380) (12,851,393) Special item - - - - -
NET CHANGE IN FUND BALANCES $ 2,998,066 $ 843,088 $ 6,664,356 $ 22,538,064 $ 4,285,831 Debt service as a percentage of
noncapital expenditures 0.00% 0.00% 0.00% 0.26% 0.27%

CHANGES IN FUND BALANCE OF GOVERNMENTAL FUNDS
Fiscal Year
(Continued)
TABLE 5
(modified accrual basis of accounting)

LAST TEN FISCAL YEARS
140 Attachment 1 City of Coronado Page 234
City of Coronado
Fiscal Year Residential Commercial Industrial Institutional Recreational 2014-15 5,966,251,521 1,105,765,812 14,115,750 10,502,491 50,582,167 2015-16 6,326,504,353 1,168,826,680 14,397,776 10,575,940 53,695,697 2016-17 6,695,110,976 1,193,591,828 14,617,337 10,620,183 61,272,073 2017-18 7,077,515,298 1,308,422,591 14,909,678 11,054,417 77,794,646 2018-19 7,477,649,124 1,354,802,642 15,207,869 11,139,141 91,807,350 2019-20 7,847,838,770 1,208,059,119 544,425 2,133,459 107,667,647 2020-21 8,223,965,445 1,264,113,491 555,312 2,178,259 131,324,744 2021-22 8,575,962,273 1,240,716,513 561,063 2,200,827 161,843,695 2022-23 9,177,671,403 1,460,371,038 572,283 2,244,845 182,419,498 2023-24 9,791,100,612 1,645,482,592 583,727 18,281,172 171,458,636 Source: HdL Coren & Cone, San Diego County Assessor Combined Tax Rolls NOTE:
(1) In 1978, the voters of the State of California passed Proposition 13, which limited property taxes to a total minimum rate of 1%, based upon the assessed value of the property being taxed. Each year, the assessed value of property may be increased by an "inflation factor" (limited to a maximum increase of 2%). With few exceptions, property is only re-assessed at the time that it is sold to a new owner. At that point, the new assessed value is re-assessed at the purchase price of the property sold. The assessed valuation data shown above represents the only data currently available, with respect to the actual market value of taxable property, and is subject to the limitations described above.

ASSESSED VALUE OF TAXABLE PROPERTY

LAST TEN FISCAL YEARS
TABLE 6
141 Attachment 1 City of Coronado Page 235
City of Coronado
Total
Fiscal Year Vacant Land Cross Reference Unsecured Totals Direct Rate 2014-15 34,137,599 - 132,985,657 7,314,340,997 0.29650
2015-16 34,041,340 - 138,817,178 7,746,858,964 0.29364
2016-17 28,428,374 - 136,718,887 8,140,359,658 0.29817
2017-18 30,004,627 - 134,335,252 8,654,036,509 0.29653
2018-19 38,268,157 - 136,810,454 9,125,684,737 0.29739
2019-20 38,968,169 242,873,569 146,020,240 9,594,105,398 0.29805 2020-21 43,376,346 222,452,010 153,215,960 10,041,181,567 0.29869 2021-22 31,563,084 210,854,245 134,038,059 10,357,739,759 0.29918 2022-23 41,283,885 202,886,563 153,323,358 11,220,772,873 0.29918 2023-24 38,504,704 198,662,915 175,724,786 12,039,799,144 0.30132

ASSESSED VALUE OF TAXABLE PROPERTY
TABLE 6

LAST TEN FISCAL YEARS
(Continued)
142 Attachment 1 City of Coronado Page 236

CITY OF CORONADO
Total City's Share
South Bay Community Sweetwater Direct & of 1% Levy Redevel- Total Fiscal County School School College High Overlapping Per opment Direct Year Base District Bond District Bond Rate Prop 13 Rate Rate 2014-15 1.00000 0.01199 0.07631 0.03582 0.05407 1.17819 0.26235 - 0.29364 2015-16 1.00000 0.01070 0.07167 0.03961 0.05169 1.17367 0.26235 - 0.29466 2016-17 1.00000 0.01053 0.05703 0.03856 0.05162 1.15774 0.26235 - 0.29549 2017-18 1.00000 0.00977 0.06300 0.04981 0.05156 1.17414 0.26235 - 0.29653 2018-19 1.00000 0.00944 0.06595 0.04671 0.05283 1.17493 0.26235 - 0.29739 2019-20 1.00000 0.00924 0.06588 0.04482 0.05159 1.17153 0.26235 - 0.29805 2020-21 1.00000 0.00908 0.06337 0.02792 0.04880 1.14917 0.26235 - 0.29869 2021-22 1.00000 0.00846 0.06107 0.04854 0.04611 1.16418 0.26235 - 0.29918 2022-23 1.00000 0.01025 0.05840 0.04215 0.06911 1.17991 0.26235 - 0.30050 2023-24 1.00000 0.00651 0.05846 0.04581 0.06460 1.17538 0.26235 - 0.30132 Source: County of San Diego, Office of the Auditor and Controller NOTES:

TABLE 7
(PER $100 OF ASSESSED VALUE) LAST TEN FISCAL YEARS

PROPERTY TAX RATES - DIRECT AND OVERLAPPING GOVERNMENTS (1) 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. (2) 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.
(3) City's share of 1% Levy is based on the City's share of the general fund tax rate area with the largest net taxable value within the city. ERAF general fund tax shifts may not be included in tax ration figures. (4) Redevelopment Rate is based on the largest RDA tax rate area and only includes rate(s) from indebtedness adopted prior to 1989 per California State statute. RDA direct and overlapping rates are applied only to the incremental property values. The approval of ABX1 26 eliminated Redevelopment from the State of California for the fiscal year 2012/13 and years thereafter. 143 Attachment 1 City of Coronado Page 237

CITY OF CORONADO
Taxpayer
Taxable
Assessed
Value
Percent of
Total City
Taxable
Assessed
Value
Taxable
Assessed
Value
Percent of
Total City
Taxable
Assessed
Value
BSK Del Partners LLC $ 798,580,426 6.63% $ 587,672,894 8.03% PR III Broadstone Coroando LLC $ - 0.00% $ 161,500,000 2.21% Sarah Patrice Makovic TRUST 189,116,251 1.57% - 0.00%
Coronado Commonwealth APTS INC - 0.00% - 0.00%
Host Hotels and Resorts LP 108,147,637 0.90% 84,667,598 1.16% McGinnins Family Trust 45,000,000 0.37% - 0.00%
51st and 8th Avenue Corporation 70,113,897 0.58% 81,007,331 1.11% Jeff and Sharon Stevens - 0.00% 24,714,060 0.34%
HDC South Beach Development LLC 66,829,739 0.56% - 0.00% Hotel Del Partners LP - 0.00% 18,805,126 0.26%
Kabir Bluestar LLC 39,171,176 0.33% - 0.00%
Shops at Coronado LLC 24,637,884 0.20% - 0.00%
Madison-Desplaines Development LLC 24,199,294 0.20% - 0.00% Pref Coronado Plaza LLC - 0.00% 21,500,000 0.29%
Boden Family Investments II LLC 23,686,641 0.20% 17,546,848 0.24% Invercor 901 LLC - 0.00% 12,372,476 0.17%
James T. and Tally J. Nathan - 0.00% 15,016,425 0.21%
Principal Taxpayers' Totals $ 1,389,482,945 11.54% $ 1,024,802,758 14.01% City Totals $ 12,039,799,144 $ 7,314,340,997
The amounts shown above include assessed value data for both the City and the Community Development Successor Agency.

Source: HdL Coren & Cone, San Diego County Assessor Combined Tax Rolls

PRINCIPAL PROPERTY TAXPAYERS BASED ON GROSS ASSESSED VALUES

CURRENT FISCAL YEAR AND NINE YEARS AGO
TABLE 8
2023-24 2014-15
144 Attachment 1 City of Coronado Page 238

CITY OF CORONADO
Percent
Fiscal Total Current Tax of Levy Total Tax
Year Tax Levy Collections Collected Collections
2014-15 $20,557,361 $20,543,444 99.9% $4,319 $20,547,763 100.0% 2015-16 $21,905,678 $21,897,086 100.0% $15,742 $21,912,828 100.0% 2016-17 $23,170,229 $23,155,837 99.9% $10,024 $23,165,861 100.0% 2017-18 $24,699,447 $24,688,752 100.0% $11,861 $24,700,613 100.0% 2018-19 $26,125,997 $26,111,620 99.9% $13,724 $26,125,344 100.0% 2019-20 $27,552,215 $27,527,605 99.9% $13,667 $27,541,272 100.0% 2020-21 $28,850,223 $28,828,056 99.9% $12,864 $28,840,920 100.0% 2021-22 $30,005,970 $29,984,597 99.9% $1,885 $29,986,482 99.9% 2022-23 $39,014,969 $38,973,361 99.9% $4,187 $38,977,548 99.9% 2023-24 $35,004,802 $34,966,743 99.9% $118 $34,966,861 99.9% Source: San Diego County Auditor and Controller's Office Percent of
Total Tax
Collections to
Tax Levy
Delinquent
Tax
Collections
TABLE 9

LAST TEN FISCAL YEARS

GENERAL PROPERTY TAX LEVIES AND COLLECTIONS
145 Attachment 1 City of Coronado Page 239

THE CITY OF CORONADO
Fiscal Year
Revenue
Bond Debt Capital Lease Population (1)
Debt per
Capita
Number of
Units (2)
Debt per
Unit
2014-15 - 23,330 23,695 1 11,562 2
2015-16 - - 25,043 - 11,562 -
2016-17 - - 24,314 - n/a -
2017-18 - - 21,416 - n/a -
2018-19 - - 23,880 - n/a -
2019-20 - - 21,422 - n/a -
2020-21 - - 22,357 - n/a -
2021-22 - - 22,007 - n/a -
2022-23 - - 22,150 - n/a -
2023-24 - - 21,589 - n/a -
Source: (1) State Department of Finance, Demographics Unit; HdL Coren & Cone
(2) City of Coronado Public Services Department

SCHEDULE OF DEBT RATIOS

LAST TEN FISCAL YEARS
TABLE 10
146 Attachment 1 City of Coronado Page 240

CITY OF CORONADO

SCHEDULE OF DIRECT AND OVERLAPPING DEBT
JUNE 30, 2024
TABLE 11
Total Debt
June 30, 2024
% Applicable
(1)
Estimated Share of
Debt June 30, 2024
Direct Debt:

City of Coronado $ - 100.000% $ -
Overlapping Tax and Assessment Debt:

Southwestern Community College District $739,044,345 15.584% $ 115,172,671 Coronado Unified School District 3,619,333 100.000% 3,619,333 Total Overlapping Tax and Assessment Debt $ 118,792,004 Overlapping General Fund Debt:

San Diego County General Fund Obligations $374,600,000 1.713% $ 6,416,898 San Diego County Pension Obligations 211,225,000 1.713% 3,618,284 San Diego County Superintendent of Schools
Obligations

6,050,000

1.713%

103,637
Coronado Unified School District Certificates of
Participation 15,537,918 100.000%

15,537,918
Total Overlapping General Fund Debt $ 25,676,737
OVERLAPPING TAX INCREMENT DEBT (Successor
Agency):
$ 63,005,000 100.000% $ 63,005,000
COMBINED TOTAL DEBT $ 207,473,741 (2)
(1) The percentage of overlapping debt applicable to the city is estimated using taxable assessed property value. Applicable percentages were estimated by determining the portion of the overlapping district's assessed value that is within the boundaries of the city divided by the district's total taxable assessed value. (2) Excludes tax and revenue anticipation notes, enterprise revenue, mortgage revenue and non-bonded capital lease obligations.

Source: California Municipal Statistics, Inc.
147 Attachment 1 City of Coronado Page 241
Net assessed value of all taxable property $ 12,039,799,144 Conversion percentage 25.00%
Adjusted assessed valuation 3,009,949,786
Debt limit percentage 15.00%
Debt limit 451,492,468
Total net debt applicable to limit -
Legal debt margin $ 451,492,468
The City of Coronado has had no indebtedness applicable to the limit during the past ten fiscal years.

Source: City of Coronado Administrative Services Department

CITY OF CORONADO
TABLE 12
JUNE 30, 2024

SCHEDULE OF LEGAL DEBT MARGIN
The Government Code of the State of California provides for a legal debt limit of 15% of gross assessed valuations. However, this provision was enacted when assessed valuation was based upon 25% of market value. Effective with 1981-82 fiscal year, each parcel is now assessed at 100% of market value (as of the most recent change in ownership for that parcel). The computations shown above reflect a conversion of assessed valuation data from the current full valuation perspective to the 25% level that was in effect at the time that the legal debt was enacted by the State of California for local governments located within the state.
148 Attachment 1 City of Coronado Page 242
Fiscal
Year Ended
June 30
Storm Drain User
Charges Principal Interest Coverage
2014-15 * 573,055 - - -
2015-16 * 574,997 - - -
2016-17 * 602,653 - - -
2017-18 * 651,852 - - -
2018-19 * 731,814 - - -
2019-20 * 677,479 - - -
2020-21* 646,526 - - -
2021-22* 672,044 - - -
2022-23* 663,960 - - -
2023-24* 632,659 - - -
Source: City of Coronado Administrative Services Department * Bond was defeased in 2014
TABLE 13

CITY OF CORONADO

PLEDGED REVENUE COVERAGE

STORM DRAIN REVENUE BONDS

LAST TEN FISCAL YEARS
149 Attachment 1 City of Coronado Page 243

CITY OF CORONADO
Calendar
Year
Population
(1) % Change
Per Capita
Personal
Income (2)
Labor
Force (3)
Unemployment Rate (4)
2014-15 23,695 1.8% 48,367 8,400 2.7%
2015-16 25,043 5.7% 46,752 9,000 2.9%
2016-17 24,314 -2.9% 48,845 8,800 2.7%
2017-18 21,416 -11.9% 59,226 9,300 3.0%
2018-19 23,880 11.5% 54,195 8,800 3.3%
2019-20 21,422 -10.3% 63,072 7,300 3.4%
2020-21 22,357 -6.4% 65,004 8,100 6.2%
2021-22 22,007 2.7% 65,004 8,100 3.3%
2022-23 22,150 -0.9% 61,904 8,200 3.6%
2023-24 21,589 -1.9% 63,168 8,100 4.4%
Sources:

TABLE 14

LAST TEN FISCAL YEARS

DEMOGRAPHIC AND ECONOMIC STATISTICS
City population fluctuates annually due to change in numbers of military personnel living on military installations at time of report.
(3) & (4) State of California Employment Development
(1) State Department of Finance, Demographics Unit & HdL Coren & Cone (2) HdL Coren & Cone
150 Attachment 1 City of Coronado Page 244

CITY OF CORONADO
Taxpayer 2023-24 2014-15
U.S.Navy (North Island Naval Air Station, et al) Military & Civilian 11,000 - 14,999 11,000 - 14,999 Branch Health Clinic North Island NAS 5,000 - 9,999 N/A Hotel Del Coronado 1,000 - 4,999 1,000 - 4,999
Loews Hotels Coronado Bay Resort 250 - 499 500-999
Sharp Coronado Hospital 250 - 499 500-999
City of Coronado 250 - 499 250-499
Marriott-Coronado Island 100 - 249 250-499
Coronado Unified School District 100 - 199 250-499
Vons 50 - 99 N/A
Peohe's Restaurant 50 - 99 100-249
BAE Systems (marine equip. & supplies) N/A 100-249
Realty Executives Dillon N/A N/A
Source: City of Coronado and A to Z Databases
PRINCIPAL EMPLOYERS (By Employee Size)
JUNE 30, 2024 AND JUNE 30, 2015
TABLE 15
151 Attachment 1 City of Coronado Page 245

CITY OF CORONADO
Function 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 General government 21.00 23.00 25.00 25.00 25.00 26.00 26.00 26.00 26.00 27.00 Planning and building services 10.75 10.60 10.00 10.00 13.00 13.00 13.00 13.00 13.00 13.00 Public safety 105.25 105.25 108.25 108.25 109.25 111.00 111.00 112.25 112.25 113.50 Culture and leisure 45.00 43.50 45.00 45.00 44.50 45.00 45.00 45.00 45.00 45.00 Construction and maintenance 51.25 51.90 53.50 53.50 52.50 55.00 55.00 54.50 54.50 54.50 Total 233.25 235.25 241.75 241.75 245.25 250.00 250.00 250.75 250.75 253.00 Source: City Personnel Authorization and Compensation Plan

FULL-TIME AND PART-TIME CITY EMPLOYEES

LAST TEN FISCAL YEARS
TABLE 16
152 Attachment 1 City of Coronado Page 246

CITY OF CORONADO
2014-15 2015-16 2016-17 2017-18 2018-19
Public Safety:

Felony arrests made 130 119 146 146 130
Misdemeanor arrests made 741 749 684 684 723
Parking citations issued 7,563 4,812 6,640 5,755 9,371
Fire emergency responses 2,061 2,080 1,927 1,927 2,216
Building safety inspections 429 212 161 161 50
Beach lifeguard rescues 255 681 196 196 202
Construction and Maintenance (a):

Roads re-surfaced (miles) 0.00 0.00 0.50 0.50 0.00
Sidewalks re-surfaced (miles) 0.00 0.00 0.00 0.00 0.10
Alleys re-surfaced (miles) 0.32 0.00 0.00 0.00 0.00
Roads slurry sealed (miles) 3.85 4.01 4.09 4.09 0.00
Planning and Building:

Building permits issued 1,074 1,232 1,160 1,017 980
Building inspections 7,811 8,275 8,086 7,449 6,783
Culture and Leisure:

Library volumes in collection 165,843 163,529 162,006 216,689 216,513 Library audio-visual items in collection 38,511 34,627 38,881 50,546 51,426 Library items loaned 276,720 276,158 235,463 232,322 245,896 Library user traffic 324,809 306,206 312,351 278,363 293,649 Recreation classes/activities held 1,341 1,317 1,218 1,253 1,115 Pool admissions 57,648 59,798 45,948 29,582 27,558
Facility rentals 834 796 778 2,207 2,045
Golf rounds played 87,730 84,806 84,253 87,351 88,203
Wastewater/Storm Drain:

Residential units 11,208 11,237 11,237 11,237 11,245
Commercial units 547 557 557 557 563
Average daily treatment, estimated (millions/gallons) 2.7 2.5 2.4 2 2 (a) Projects completed and capitalized during the fiscal year Source: City of Coronado Operating Departments
Fiscal Year

OPERATING INDICATORS BY FUNCTION

LAST TEN FISCAL YEARS
TABLE 17
153 Attachment 1 City of Coronado Page 247

CITY OF CORONADO
2019-20 2020-21 2021-22 2022-23 2023-24
Public Safety:

Felony arrests made 110 101 115 133 138
Misdemeanor arrests made 588 522 384 395 310
Parking citations issued 7,773 6,331 4,863 8,128 6,353
Fire emergency responses 1,856 1,958 2,395 2,808 2,749
Building safety inspections 141 0 81 426 275
Beach lifeguard rescues 445 642 480 249 358
Construction and Maintenance (a):

Roads re-surfaced (miles) 1.10 0.33 0.69 0.70 0.00
Sidewalks re-surfaced (miles) 0.15 0.08 1.12 0.80 0.00
Alleys re-surfaced (miles) 0.00 0.00 0.00 0.00 0.00
Roads slurry sealed (miles) 9.50 6.00 3.22 4.30 0.00
Planning and Building:

Building permits issued 888 849 859 973 962
Building inspections 6,293 6,332 6,629 6,730 7,822
Culture and Leisure:

Library volumes in collection 177,489 170,421 172,625 179,580 137,153 Library audio-visual items in collection 66,268 35,443 30,513 32,373 7,069 Library items loaned 216,010 208,682 167,507 159,299 172,729 Library user traffic 244,436 114,933 79,190 396,645 361,127 Recreation classes/activities held 831 403 831 842 909
Pool admissions 20,886 39,426 60,816 48,150 29,082
Facility rentals 1,135 133 293 324 342
Golf rounds played 82,140 109,621 102,857 96,605 100,008 Wastewater/Storm Drain:

Residential units 11,795 11,795 11,801 9,189 9,189
Commercial units 563 563 580 975 975
Average daily treatment, estimated (millions/gallons) 2 1.5 2.0 2.0 2.0 Fiscal Year
TABLE 17
(Continued)
154 Attachment 1 City of Coronado Page 248

CITY OF CORONADO
2014-15 2015-16 2016-17 2017-18 2018-19
Public Safety:

Number of police stations 1 1 1 1 1
Number of fire stations 2 2 2 2 2
Construction and Maintenance:

Streets (miles) 40.4 40.4 40.4 40.4 40.4
Sidewalks (miles) 34.3 34.3 34.3 34.3 34.3
Alleys (miles) 9.9 9.9 9.9 9.9 9.9
Streetlights 348 348 348 348 348
Culture and Leisure:

Number of parks 18 18 18 18 18
Acres of parks 46.9 46.9 46.9 46.9 46.9
Community centers 1 1 1 1 1
Municipal pools 2 2 2 2 2
Municipal golf course 1 1 1 1 1
Public library 1 1 1 1 1
Tennis center 1 1 1 1 1
Senior center 1 1 1 1 1
Bike path (miles) 9.8 9.8 9.8 9.8 9.8
Skatepark 1.0 1.0 1.0 1.0 1.0
Wastewater:

Sanitary sewers (miles) 45.8 45.8 45.8 45.8 45.8
Storm drains (miles) 8.5 8.5 8.5 8.5 8.5
Fiscal Year

CAPITAL ASSET STATISTICS BY FUNCTION

LAST TEN FISCAL YEARS
TABLE 18
155 Attachment 1 City of Coronado Page 249

CITY OF CORONADO
2019-20 2020-21 2021-22 2022-23 2023-24
Public Safety:

Number of police stations 1 1 1 1 1
Number of fire stations 2 2 2 2 2
Construction and Maintenance:

Streets (miles) 40.4 40.4 40.4 40.4 40.4
Sidewalks (miles) 34.3 34.3 34.3 34.3 34.3
Alleys (miles) 9.9 9.9 9.9 9.9 9.9
Streetlights 348 348 348 348 348
Culture and Leisure:

Sanitary sewers (miles) 45.8 45.8 45.8 45.8 45.8
Storm drains (miles) 8.5 8.5 8.5 8.5 8.5
Source: City of Coronado Statistical Information, FY24 Adopted Budget Pg 21 (Continued)
Fiscal Year

CAPITAL ASSET STATISTICS BY FUNCTION

LAST TEN FISCAL YEARS
TABLE 18
156 Attachment 1 City of Coronado Page 250

THIS PAGE INTENTIONALLY LEFT BLANK
157 Attachment 1 City of Coronado Page 251
Honorable Mayor and Members of City Council
City of Coronado
Coronado, California
We have audited the financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of Coronado (the “City”) as of and for the year ended June 30, 2024, and have issued our report thereon dated November 19, 2024. Professional standards require that we advise you of the following matters relating to our audit.

Our Responsibility in Relation to the Financial Statement Audit As communicated in our engagement letter dated July 24, 2024, our responsibility, as described by professional standards, is to form and express an opinion(s) about whether the financial statements that have been prepared by management with your oversight are presented fairly, in all material respects, in accordance with accounting principles generally accepted in the United States of America. Our audit of the financial statements does not relieve you or management of your respective responsibilities.

Our responsibility, as prescribed by professional standards, is to plan and perform our audit to obtain reasonable, rather than absolute, assurance about whether the financial statements are free of material misstatement. An audit of financial statements includes consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control over financial reporting. Accordingly, as part of our audit, we considered the internal control of the City solely for the purpose of determining our audit procedures and not to provide any assurance concerning such internal control.

We are also responsible for communicating significant matters related to the audit that are, in our professional judgment, relevant to your responsibilities in overseeing the financial reporting process. However, we are not required to design procedures for the purpose of identifying other matters to communicate to you.

Planned Scope and Timing of the Audit
We conducted our audit consistent with the planned scope and timing we previously communicated to you.

Compliance with All Ethics Requirements Regarding Independence The engagement team, others in our firm and as appropriate, our firm, have complied with all relevant ethical requirements regarding independence under the American Institute of Certified Public Accountants (“AICPA”) independence standards, contained in the Code of Professional Conduct.

We identified self-review threats to independence as a result of non-attest services provided. Those non-attest services included recording journal entries detected during the audit process and preparing the financial statements.

Attachment 2 City of Coronado Page 252
To mitigate the risk, management has compared the draft financial statements and footnotes to the underlying accounting records to verify accuracy and has reviewed a disclosure checklist to ensure footnotes are complete and accurate. Additionally, we utilize a quality control reviewer to perform a second review of journal entries and the financial statements. We believe these safeguards are sufficient to reduce the independence threats to an acceptable level.

Significant Risks Identified
We have identified the following significant risks:
 We identified the risk of misstatement after the trial balance was provided to the auditors as a significant risk due to the significant number of journal entries recorded during the prior year audit. As a result, we utilized a reduced threshold of materiality for each opinion unit.
 We identified the risk of mistatement in accounts receivable as a significant risk due to prior year audit adjustments. As a result, we performed a search for unrecorded receivables.

Qualitative Aspects of the Entity’s Significant Accounting Practices Significant Accounting Policies
Management has the responsibility to select and use appropriate accounting policies. A summary of the significant accounting policies adopted by the City is included in Note 1 to the financial statements. No matters have come to our attention that would require us, under professional standards, to inform you about (1) the methods used to account for significant unusual transactions and (2) the effect of significant accounting policies in controversial or emerging areas for which there is a lack of authoritative guidance or consensus.

Significant Accounting Estimates
Accounting estimates are an integral part of the financial statements prepared by management and are based on management’s current judgments. Those judgments are normally based on 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 because of the possibility that future events affecting them may differ markedly from management’s current judgments.

The most sensitive accounting estimates affecting the financial statements are:
 Management’s estimate of fair value measurements for investments. We evaluated the key factors and assumptions used to determine the fair value measurement and determined that it is reasonable in relation to the financial statements taken as a whole.  Management’s estimate of transactions related to net pension liabilities based on actuarial information. We evaluated the key factors and assumptions used to develop the amounts by the actuary and determined that it is reasonable in relation to the financial statements taken as a whole.
 Management’s estimate of transactions related to net OPEB liabilities based on actuarial information. We evaluated the key factors and assumptions used to develop the amounts by the actuary and determined that it is reasonable in relation to the financial statements taken as a whole.

Attachment 2 City of Coronado Page 253
Financial Statement Disclosures
Certain financial statement disclosures involve significant judgment and are particularly sensitive because of their significance to financial statement users. The most sensitive disclosures affecting the City’s financial statements relate to:
 The disclosure of pension plan obligations in note 10 to the financial statements.  The disclosure of post-employment health benefits in note 11 to the financial statements.

Significant Unusual Transactions
For purposes of this communication, professional standards require us to communicate to you significant unusual transactions identified during our audit. There were no such transactions.

Significant Difficulties Encountered during the Audit
While we received full cooperation of management and believe that we were given direct and unrestricted access to the City’s books and records, as we disclosed in the management letter, we encountered challenges in performing and completing the audit process within the planned timeline. Primarily, these difficulties related to the turnover of staff, which resulted in delays to the completion of the audit.

Uncorrected and Corrected Misstatements
For purposes of this communication, professional standards also require us to accumulate all known and likely misstatements identified during the audit, other than those that we believe are trivial, and communicate them to the appropriate level of management. Further, professional standards require us to also communicate the effect of uncorrected misstatements related to prior periods on the relevant classes of transactions, account balances or disclosures, and the financial statements as a whole and each applicable opinion unit. There were two uncorrected misstatements. One to correct the beginning fund balance and reduce current year revenue in the wastewater fund and one to correct the beginning fund balance and reduce current year revenue in the general fund, whose effects in the current and prior periods, as determined by management, are immaterial, both individually and in the aggregate, to the financial statements taken as a whole. Uncorrected misstatements or matters underlying those uncorrected misstatements could potentially cause future-period financial statements to be materially misstated, even though the uncorrected misstatements are immaterial to the financial statements currently under audit.

In addition, professional standards require us to communicate to you all material, corrected misstatements that were brought to the attention of management as a result of our audit procedures. None of the misstatements identified by us as a result of our audit procedures and corrected by management were material, either individually or in the aggregate, to the financial statements taken as a whole or applicable opinion units.

Attachment 2 City of Coronado Page 254
Disagreements with Management
For purposes of this letter, professional standards define a disagreement with management as a matter, whether or not resolved to our satisfaction, concerning a financial accounting, reporting, or auditing matter, which could be significant to the City’s financial statements or the auditor’s report. No such disagreements arose during the course of the audit.

Circumstances that Affect the Form and Content of the Auditor’s Report For purposes of this letter, professional standards require that we communicate any circumstances that affect the form and content of our auditor’s report. There were none.

Representations Requested from Management
We have requested certain written representations from management, which are included in the attached letter dated November 19, 2024.

Management’s Consultations with Other Accountants
In some cases, management may decide to consult with other accountants about auditing and accounting matters. Management informed us that, and to our knowledge, there were no consultations with other accountants regarding auditing and accounting matters.

Other Significant Matters, Findings, or Issues
In the normal course of our professional association with the City, we generally discuss a variety of matters, including the application of accounting principles and auditing standards, significant events or transactions that occurred during the year, operating and regulatory conditions affecting the entity, and operational plans and strategies that may affect the risks of material misstatement.

None of the matters discussed resulted in a condition to our retention as the City’s auditors.

Other Information Included in Annual Comprehensive Financial Report Pursuant to professional standards, our responsibility as auditors for other information, whether financial or nonfinancial, included in the City’s annual report, does not extend beyond the information identified in the audit report, and we are not required to perform any procedures to corroborate such other information. However, in accordance with such standards, we have read the information and considered whether such information, or the manner of its presentation, was materially inconsistent with its presentation in the financial statements.

Our responsibility also includes communicating to you any information which we believe is a material misstatement of fact. Nothing came to our attention that caused us to believe that such information, or its manner of presentation, is materially inconsistent with the information, or manner of its presentation, appearing in the financial statements.

This report is intended solely for the information and use of the City Council and management of the City and is not intended to be and should not be used by anyone other than these specified parties.

Irvine, California
November 19, 2024
Attachment 2 City of Coronado Page 255
INDEPENDENT ACCOUNTANT’S REPORT
The Honorable Mayor and City Council
City of Coronado, California
We have performed the procedures enumerated below on the City of Coronado, California (City) appropriations limit worksheets for compliance with the requirements of Section 1.5 of Article XIIIB of the California Constitution for the year ended June 30, 2024. The City is responsible for compliance with Section 1.5 of Article XIIIB of the California Constitution.

The City has agreed to and acknowledged that these procedures are appropriate to meet the intended purpose of evaluating compliance with the requirements of Section 1.5 of Article XIIIB of the California Constitution and the League of California Cities publication entitled Article XIIIB Appropriations Limitation Uniform Guidelines for the year ended June 30, 2024. This report may not be suitable for any other purpose. The procedures performed may not address all the items of interest to a user of this report and may not meet the needs of all users of this report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes.

The procedures and the associated findings are as follows:

1. We obtained the worksheets referred to above and compared the limit and annual adjustment factors included in those worksheets to the limit and annual adjustment factors that were adopted by resolution of the City Council. We also compared the population and inflation options included in the aforementioned worksheets to those that were selected by a recorded vote.

Results: No exceptions were noted as a result of our procedures.

2. We recalculated the mathematical computations reflected in the City’s worksheets.

Results: No exceptions were noted as a result of our procedures.

3. We compared the current year information used to determine the current year limit and agreed it to worksheets prepared by the City and to information provided by the State Department of Finance.

Results: No exceptions were noted as a result of our procedures.

4. We compared the amount of the prior year appropriations limit presented in the worksheets to the amount adopted by the City Council for the prior year.

Results: No exceptions were noted as a result of our procedures.

Attachment 3 City of Coronado Page 256
The Honorable Mayor and City Council
City of Coronado, California
Page Two
We were engaged by the City to perform this agreed-upon procedures engagement and conducted our engagement in accordance with standards established by the American Institute of Certified Public Accountants. We were not engaged to and did not conduct an examination or review, the objective of which would be the expression of an opinion or conclusion, respectively on the worksheets referred to above. Accordingly, we do not express such an opinion or conclusion. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you. No procedures have been performed with respect to the determination of the appropriation limit for the base year, as defined by the League publication entitled Article XIIIB Appropriations Limitation Uniform Guidelines.

We are required to be independent of the City and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements related to our agreed-upon procedures engagement.

This report is intended solely for the information and use of the Management of the City of Coronado, California and is not intended to be, and should not be, used by anyone other than the specified party.

Irvine, California
November 19, 2024
Attachment 3 City of Coronado Page 257
INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH APPLICABLE

REQUIREMENT AND ON INTERNAL CONTROL OVER COMPLIANCE
To the Honorable Mayor and Members of the City Council
City of Coronado, California
Report on Compliance for the Housing Successor
Opinion
We have audited the City of Coronado Housing Successor (Housing Successor) with the type of compliance requirements described in the California Health and Safety Code sections applicable to California Housing Successor Agencies for the year ended June 30, 2024.

In our opinion, the Housing Successor complied, in all material respects, with the types of compliance requirements referred to above that could have a direct and material effect on the Housing Successor for the year ended June 30, 2024.

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

Responsibilities of Management for the Financial Statements Management is responsible for compliance with the California Health and Safety Code sections applicable to California Housing Successor Agencies.

Auditor’s Responsibilities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance on the Housing Successor’s compliance with the California Health and Safety Code sections applicable to California Housing Successor agencies. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements.

Attachment 4 City of Coronado Page 258
In performing an audit in accordance with GAAS, we:
• Exercise professional judgment and maintain professional skepticism throughout the audit.
• Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. • Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Housing Successor’s internal control.

Accordingly, no such opinion is expressed.
• Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.
• Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the Housing Successor’s ability to continue as a going concern for a reasonable period of time.

Report on Internal Control over Compliance
Management of the Housing Successor is responsible for establishing and maintaining effective internal control over compliance with the type of compliance requirements referred to above. In planning and performing our audit of compliance, we considered the Housing Successor’s internal control over compliance with the type of requirements that could have a direct and material effect on the Housing Successor as a basis for designing the auditing procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on compliance and to test and report on internal controls over compliance. Accordingly, we do not express an opinion on the effectiveness of the Housing Successor’s internal control over compliance.

A deficiency in internal control over compliance exists when the design or operation of a control over compliance does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, noncompliance of California Health and Safety Code sections applicable to California Housing Successor Agencies on a timely basis. A material weakness in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance, such that there is a reasonable possibility that a material noncompliance with a type of compliance requirement of California Health and Safety Code sections applicable to California Housing Successor Agencies will not be prevented or detected and corrected on a timely basis. A significant deficiency in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance that is less severe than a material weakness in internal control over compliance, yet important enough to merit attention by those charged with governance.

Our consideration of internal control over compliance was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over compliance that might be material weaknesses or significant deficiencies.

Attachment 4 City of Coronado Page 259
Given these limitations, during our audit we did not identify any deficiencies in internal control over compliance that we consider to be material weaknesses. However, material weaknesses or significant deficiencies may exist that have not been identified.

Purpose of this Report
The purpose of this report on internal control over compliance is solely to describe the scope of our testing of internal control over compliance and the results of that testing based on the requirements of California Health and Safety code sections applicable to California Housing Successor Agencies. Accordingly, this communication is not suitable for any other purpose.

Report on Excess/Surplus Calculation
We have audited the financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of Coronado, California, as of and for the year ended June 30, 2024, and we have issued our report thereon dated November 19, 2024, which contained unmodified opinions on those financial statements. Our audit was conducted for the purpose of forming opinions on the financial statements as a whole. The accompanying report on excess/surplus calculation is presented for the purposes of additional analysis only and is not required part of the financial statements. Such information is the responsibility of management and was derived from the financial statements. The report on excess/surplus calculation 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.

Irvine, California
November 19, 2024
Attachment 4 City of Coronado Page 260

CITY OF CORONADO HOUSING SUCCESSOR

COMPUTATION OF HOUSING SUCCESSOR
EXCESS/SURPLUS (HSC 34176.1)
Opening Fund Balance $ (817,615)
Less Unavailable Amounts:
$ (6,587,200)
(6,587,200)
(7,404,815)
Aggregate amount deposited for last four years:
2023-2024 $ 95,729
2022-2023 86,394
2021-2022 29,676
2020-2021 48,191
Total $ 259,990
Base Limitation $ 1,000,000
$ 1,000,000
Computed Excess/Surplus None
Low and Moderate
Housing Funds
June 30, 2024
Greater amount
Available Housing Successor Funds
Loans Receivable
Limitation (greater of $1,000,000 or four years deposits) Attachment 4 City of Coronado Page 261

THIS PAGE INTENTIONALLY LEFT BLANK
City of Coronado Page 262

CITY COUNCIL STAFF REPORT

December 3, 2024 5g.

SECOND READING AND ADOPTION OF AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CORONADO, CALIFORNIA, AMENDING SECTION 56.02.020 RELATING TO DEFINITIONS OF MOTORIZED MOBILITY DEVICES, AMENDING SECTION 56.08.060 RELATED TO ELECTRIC BICYCLES, AND ADDING SECTIONS 56.18.050 AND 56.18.060 TO

THE CORONADO MUNICIPAL CODE RELATED TO MOTORIZED MOBILITY DEVICES AND

ADOPTION OF AN ELECTRIC BICYCLE SAFETY PILOT PROGRAM
RECOMMENDATION:

Conduct the second reading and adopt Ordinance No. 2024-09 “An Ordinance of the City Council of the City of Coronado, California, Amending Section 56.02.020 Relating To Definitions of Motorized Mobility Devices, Amending Section 56.08.060 Related to Electric Bicycles, and Adding Sections 56.18.050 and 56.18.060 to the Coronado Municipal Code Related to Motorized Mobility Devices and Adoption of an Electric Bicycle Safety Pilot Program.” BACKGROUND:

At the November 19, 2024 meeting, the City Council introduced Ordinance No. 2024-09 to regulate motorized mobility devices and adopt an Electric Bicycle Safety Program.

ANALYSIS:

The growth of the use of e-bikes locally along with other forms of motorized personal transportation merit adoption of additional regulations in order to protect the safety of pedestrians in certain environments as outlined below with a continued focus on public education. Ordinance 2024-09 provides for the following:

1. Regulating “Motorized Mobility Devices” in the following locations with exemptions for public agency personnel and disability accommodations:
• All City sidewalks
• The Paseo (near the Hotel del Coronado) and the Boardwalk (near the Coronado Shores) • The Promenade along the Glorietta Bay Marina between Glorietta Bay Park and the Bluewater Grill
Users would be required to dismount and walk their motorized mobility devices or utilize nearby roadways. “Motorized Mobility Devices” are defined as electric bicycles, electric personal assistive mobility devices, electrically motorized boards, motorized scooters and other similar vehicles.

While they provide recreational opportunities, their popularity increases the probability, likelihood, and gravity of potential injuries to persons and property that warrants reasonable measures and enforcement mechanisms to avoid conflicts.

2. Implementing AB 2234 (Boerner) “Vehicles: Electric Bicycles” Prohibiting E-Bike Use by those Under 12 Years Old
AB 2234 (Boerner) was chaptered into law as an amendment to California Vehicle Code 21214.7 and will be effective January 1, 2025. The bill establishes a “San Diego Electric Bicycle Safety Pilot Program” until January 1, 2029 that authorizes a local government in San Diego County to adopt an ordinance or resolution that would prohibit a person under 12 years of age from operating City of Coronado Page 263
a class 1 or 2 electric bicycle (note that class 3 bicycles can be only operated by those 16 years and older under the Vehicle Code). The jurisdiction must administer a public information campaign of the resolution or ordinance for at least 30 days before enactment. For the first 60 days after enactment, only warnings of violations may be issued. After 60 days, the violation shall be $25.

FISCAL IMPACT:

There will be minimal fiscal impact associated with publicizing the prohibition of e-bike operations by those under 12. Outreach and enforcement efforts can be achieved with existing budget.

ALTERNATIVE:

The City Council may alter prior policy direction or choose not to adopt the ordinance.

CALIFORNIA ENVIRONMENTAL QUALITY ACT:

Not Applicable.

PUBLIC NOTICE:

ATTACHMENTS:

1. Ordinance 2024-09 Related to Electric Bicycles, Motorized Mobility Devices and the Electric Bicycle Safety Pilot Program (AB 2234)
Submitted By: City Manager's Office / Tony Winney
City of Coronado Page 264
Attachment 1
ORDINANCE NO. 2024-09

AN ORDINANCE OF THE CITY COUNCIL OF THE

CITY OF CORONADO, CALIFORNIA, AMENDING
SECTION 56.02.020 RELATING TO DEFINITIONS

OF MOTORIZED MOBILITY DEVICES, AMENDING
SECTION 56.08.060 RELATED TO ELECTRIC
BICYCLES, AND ADDING SECTIONS 56.18.050
AND 56.18.060 TO THE CORONADO MUNICIPAL

CODE RELATED TO MOTORIZED MOBILITY

DEVICES AND ADOPTION OF AN ELECTRIC

BICYCLE SAFETY PILOT PROGRAM
WHEREAS, California Vehicle Code sections 231, 21100, 21206, and 21207.5 allow cities to enact ordinances regulating the parking and operation of electric bicycles, as defined in California Vehicle Code sections 231 and 312.5, on pedestrian facilities, bicycle facilities, and equestrian, hiking, and recreational trails; and
WHEREAS, California Vehicle Code section 21282 allows cities to enact ordinances regulating the time, place, and manner of the operation of electric personal assistive mobility devices, as defined in California Vehicle Code section 313, for the purpose of assuring the safety of pedestrians, including seniors, persons with disabilities, and others using sidewalks, bicycle paths, pathways, trails, bicycle lanes, streets, roads, and highways; and WHEREAS, California Vehicle Code section 21100 allows cities to enact ordinances regulating the operation of electrically motorized boards, as defined in California Vehicle Code section 313.5, so long as such regulations do not duplicate or conflict with California Vehicle Code regulations of electrically motorized boards at California Vehicle Code sections 21290 through 21296; and
WHEREAS, California Vehicle Code Section 21225 allows cities to enact ordinances to regulate the registration of motorized scooters, as defined in California Vehicle Code section 407.5, and the parking and operation of motorized scooters on pedestrian or bicycle facilities and local city streets and highways, if that regulation is not in conflict with the California Vehicle Code; and
WHEREAS, California Vehicle Code Section 21266 allows cities to enact ordinances to restrict or prohibit the use of low-speed vehicles, as defined in California Vehicle Code section 385.5, and may prohibit operation of low-speed vehicles in the roadway when acting as the primary traffic enforcement agency and the City deems the prohibition to be in the best interest of public safety; and
City of Coronado Page 265
Attachment 1
WHEREAS, the City Council of the City of Coronado (“City Council”) intends to promote the safety of persons using electric bicycles, electric personal assistive mobility devices, electrically motorized boards, motorized scooters, and other similar vehicles (defined herein as “Motorized Mobility Devices”) while maximizing recreational opportunities and fully exempting disabled persons operating electric mobility devices from the proposed regulations; and
WHEREAS, the City Council has determined that the proposed regulations represent reasonable measures and enforcement mechanisms that can be implemented to promote the safe and efficient use of selected sidewalks, bicycle paths, pathways, trails, and bicycle lanes in the City; and
WHEREAS, the City Council made this determination after considering the probability and gravity of potential injuries to persons and property against the practicability and cost of implementing measures that would protect against the risk of such injuries; and WHEREAS, the City Council directed City staff to implement the provisions of California Vehicle Code section 21214.7, which authorizes local governments in San Diego County to adopt pilot program ordinances prohibiting children under 12 years of age from operating Class 1 or Class 2 electric bicycles, as defined in California Vehicle Code section 312.5, subject to certain requirements; and
WHEREAS, the City Council directed City staff to consult with the Coronado Unified School District regarding the possibility of operating an electric bicycle safety education program for students; and
WHEREAS, the City Council directed City staff to incorporate the recommendations provided by the City’s E-Bike Task Force at their October 15, 2024 City Council meeting into the new Motorized Mobility Device amendments, with the exception of fine increases; and WHEREAS, the Motorized Mobility Device amendments are exempt from environmental review under the California Environmental Quality Act because they are regulatory and enforcement measures that will not result in any direct or indirect physical impacts on the environment, and which are further exempted from review under the California Environmental Quality per California Code of Regulations, title 14, section 15321, which exempts enforcement of laws, general rules, standards, and objectives administered or adopted by the agency from environmental review.

City of Coronado Page 266
Attachment 1
NOW THEREFORE, the City Council of the City of Coronado, California, DOES HEREBY ORDAIN as follows:

SECTION 1.

All of the above statements are true and incorporated herein.

SECTION 2.

Title 56, Chapter 56.02, Section 56.02.020, of Coronado Municipal Code is hereby amended to read as follows (underlines are additions and strikeouts are deletions):

The following words and phrases when used herein shall have the meanings respectively described to them. These definitions are supplementary to those contained in this code.

A. “Curb” means the lateral boundary of the roadway whether such curb be marked by curbing construction, or not so marked. The word “curb” as used herein shall not include the line dividing the roadway of a street from parking stripes in the center of a street, nor the rights-of-way of public utility companies.

B. “Electric Bicycle” has the same meaning as in California Vehicle Code sections 231 and 312.5, as they may be amended from time to time.

C. “Electric personal assistive mobility devices” has the same meaning as in California Vehicle Code section 313, as may be amended from time to time, and in Coronado Municipal Code section 56.90.020(B), as may be amended from time to time.

D. “Electrically motorized boards” has the same meaning as in California Vehicle Code section 313.5, as may be amended from time to time.

E. B. “Island” means a raised curbed area, or an area delineated by painted pavement markings, located in the roadway and separating opposing or conflicting streams of traffic.

F. C. “Loading zone” means the space adjacent to a curb reserved for the exclusive use of vehicles during the loading or unloading of passengers or materials.

G. “Low-speed vehicle” has the same meaning as in California Vehicle Code section 385.5, as may be amended from time to time.

City of Coronado Page 267
Attachment 1
H. “Motorized Mobility Device” means an electric bicycle, an electric personal assistive mobility device, an electrically motorized board, a motorized scooter, a low-speed vehicle, all as defined herein, and any other similar vehicle. A “motorized mobility device” does not include any mobility devices operated by any disabled persons for mobility or similar uses.

I. “Motorized scooter” has the same meaning as in California Vehicle Code 407.5, as may be amended from time to time.

J. D. Official Time. Whenever certain hours are named herein, they shall mean standard time or daylight saving time as may be in current use in this City.

K. E. “Parking meter” means a mechanical device installed immediately adjacent to a parking space for the purpose of controlling the period of time occupancy of such parking meter space by any vehicle.

L. F. “Passenger loading zone” means the space adjacent to a curb reserved for the exclusive use of vehicles during the loading or unloading of passengers.

M. G. “Police officer” means every officer of the Police Department of this City or any officer authorized to direct or regulate traffic or to make arrests for violations of traffic regulations.

N. H. “Skateboard” means a board with a skate, or skates, attached thereto; foot propelled without steering apparatus.

O. I. “Vehicle Code” means the Vehicle Code of the State of California.

Title 56, Chapter 56.08, Section 56.08.060, of Coronado Municipal Code is hereby amended to read as follows (underlines are additions and strikeouts are deletions):

It is unlawful for any person to use a bicycle or an Electric Bicycle in and upon any street, alley, park or other public place in the City or upon any path or lane set aside for the exclusive use of bicycles within the City, or within any streets, alleys, parks or other public place in the City or upon any paths or lanes where Electric Bicycle use is authorized, without complying in all respects with the terms and provisions of this chapter and the following provisions of the Vehicle Code:

A. Vehicle Code § 21201(a);
B. Vehicle Code § 21201(b);
C. Vehicle Code § 21201(c);
D. Vehicle Code § 21201(d)(1)-(4);
City of Coronado Page 268
Attachment 1
E. Vehicle Code § 21201.3(b);
F. Vehicle Code § 21202(a);
G. Vehicle Code § 21203;
H. Vehicle Code § 21204(a);
I. Vehicle Code § 21204(b);
J. Vehicle Code § 21205;
K. Vehicle Code § 21208(a);
L. Vehicle Code § 21208(b);
M. Vehicle Code § 21210;
N. Vehicle Code § 21211(a);
O. Vehicle Code § 21211(b);
P. Vehicle Code § 21212(a)
Q. Vehicle Code § 21453(a);
R. Vehicle Code § 21453(b);
S. Vehicle Code § 21453(c);
T. Vehicle Code § 21650;
U. Vehicle Code § 21800(a);
V. Vehicle Code § 21801(a);
W. Vehicle Code § 21801(b);
X. Vehicle Code § 21802(a);
Y. Vehicle Code § 21802(b);
Z. Vehicle Code § 21803(a);
City of Coronado Page 269
Attachment 1
AA. Vehicle Code § 21803(b);
BB. Vehicle Code § 21804(a);
CC. Vehicle Code § 21804(b);
DD. Vehicle Code § 21806(a)(1);
EE. Vehicle Code § 21950(a);
FF. Vehicle Code § 21950(c);
GG. Vehicle Code § 21951;
HH. Vehicle Code § 22107;
II. Vehicle Code § 22108;
JJ. Vehicle Code § 22109;
KK. Vehicle Code § 22450(a); and
LL. Vehicle Code § 27400. (Ord. 2065 § 1, 2017)
Title 56, Chapter 56.18, Section 56.18.050, of Coronado Municipal Code is hereby added to read as follows (underlines are additions and strikeouts are deletions):

56.18.050 Motorized Mobility Devices
A. Purpose. The City hereby adopts this Motorized Mobility Device Ordinance to promote the safety of persons using electric bicycles, electric personal assistive mobility devices, electrically motorized boards, motorized scooters, low-speed vehicles, and other similar vehicles, all defined as “Motorized Mobility Devices” herein and at Section 56.02.020, while maximizing recreational opportunities and fully exempting disabled persons operating electric mobility devices from these requirements.

B. Prohibition on Operation of Motorized Mobility Devices. It is prohibited to operate or ride on a Motorized Mobility Device in the following areas of the City. Operators and riders must dismount and walk their Motorized Mobility Devices within these areas, or operate or ride them on adjacent or nearby roadways:

City of Coronado Page 270
Attachment 1

1. All City sidewalks.

2. The Paseo at the Hotel del Coronado, from Avenida Del Sol north to RH Dana Place.

3. The Boardwalk at Coronado Shores, from Avenida Lunar north to Avenida Del Sol.

4. The Promenade along the Glorietta Bay Marina, from Glorietta Bay Park north to the intersection of Strand Way, Orange Avenue, and Avenida Del Sol.

C. Exemptions. The following persons are exempted from the provisions of this Section:

1. Disabled Persons. Disabled persons operating a Motorized Mobility Device or other similar motorized or nonmotorized mobility assistance device for mobility or similar purposes shall be fully exempt from the requirements and prohibitions in this Section.

2. Public Agency Personnel. Public agency personnel operating or riding a Motorized Mobility Device or other similar motorized or nonmotorized mobility device as part of and within the scope of their official duties are exempt from the requirements and prohibitions in this Section.

D. Enforcement. A person convicted of an infraction for a violation of any provision of this Section shall be punished as provided per Section

56.08.090 of the Municipal Code, as may be amended from time to time.

Title 56, Chapter 56.18, Section 56.18.060, of Coronado Municipal Code is hereby added to read as follows (underlines are additions and strikeouts are deletions):

56.18.060 San Diego Electric Bicycle Safety Pilot Program A. Purpose. California Vehicle Code section 21214.7 authorizes local governments in San Diego County to adopt ordinances prohibiting persons under 12 years of age from operating Class 1 or Class 2 electric bicycles, as defined in California Vehicle Code section 312.5, provided the local government administer a public information campaign regarding the ordinance at least 30 days before enactment, and requiring that only warnings of violations be issued within the first 60 days after the ordinance’s enactment, thereafter increasing to a fine not to exceed $25.00. The City wishes to enact an ordinance per these provisions in order to promote the safe and efficient use of sidewalks, bicycle paths, pathways, trails, bicycle lanes, and other pedestrian and bicycle facilities in the City.

City of Coronado Page 271
Attachment 1
B. Prohibition on Operation of Class 1 and Class 2 Electric Bicycles. No person under the age of twelve (12) years old may operate or ride within the City a Class 1 or Class 2 electric bicycle, as defined in California Vehicle Code section 312.5.

C. Enforcement. A person convicted of an infraction for a violation of this Section shall be punished as follows:

1. For the first sixty (60) days after adoption of this Section, a warning notice.

2. After the first sixty (60) days following adoption of this Section, a fine not exceeding twenty-five dollars ($25.00).

D. Expiration. This Section shall remain in effect until January 1, 2029, or until such time as California Vehicle Code section 21214.7 expires, whichever occurs later, and shall have no force or effect thereafter.

SECTION 3:

EFFECTIVE DATE: This Ordinance shall be effective thirty (30) days after its adoption.

Within fifteen (15) days after its adoption, the City Clerk of the City of Coronado shall cause this ordinance published pursuant to the provisions of Government Code Section 36933.

City of Coronado Page 272
Attachment 1
INTRODUCED AND FIRST READ at a regular meeting of the City Council of the City of Coronado, California, on November 19, 2024; and
PASSED, ADOPTED, AND APPROVED by the City Council of the City of Coronado at a regular meeting thereof this December 3, 2024 by the following vote to wit:

AYES:

NAYS:

ABSTAIN:

ABSENT:

APPROVED:

RICHARD BAILEY, Mayor of the
City of Coronado, California
ATTEST:

KELSEA HOLIAN, City Clerk of the
City of Coronado, California
City of Coronado Page 273
Attachment 1
*****

STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO :
ss. CITY OF CORONADO )
I, Kelsea Holian, City Clerk of the City of Coronado, hereby certify that the foregoing ORDINANCE NO. 2024-09 passed at the regular meeting of the City Council of the City of Coronado held on December 3, 2024, after having been read at the regular meeting of said City Council held on November 19, 2024.

KELSEA HOLIAN, City Clerk of the
City of Coronado, California
ORDINANCE NO. 2024-09
City of Coronado Page 274

CITY COUNCIL STAFF REPORT

December 3, 2024 8a.

PUBLIC HEARING: PROVIDE DIRECTION REGARDING AMENDMENTS TO THE

CORONADO HISTORIC PRESERVATION PROGRAM, CONSIDER CERTIFICATION OF A

PROGRAM ENVIRONMENTAL IMPACT REPORT (PEIR) AND ADOPTION OF ASSOCIATED

CALIFORNIA ENVIRONMENTAL QUALITY ACT (CEQA) FINDINGS
RECOMMENDATION:

Provide direction regarding Amendments to the Coronado Historic Preservation Program, certify the Program Environmental Impact Report (PEIR), and adopt the associated California Environmental Quality Act (CEQA) findings.

BACKGROUND:

The effort to prepare a Historic Context Statement and Citywide Survey began in late 2018, resulting from recommendations by a City Council subcommittee consisting of Councilmembers Donovan and Downey. At that time, the City Council directed staff to move forward with a Context Statement and Citywide Survey that would guide the preservation of the City’s architecturally significant properties as well as provide increased certainty to property owners with regard to modifications on their property. The City Council directed staff to move forward with an architectural survey of properties built through 1970, which is in line with the California Register, National Register, and California Environmental Quality Act (CEQA) best practice of a 50-year threshold for potential historic significance. In the meantime, the City would retain the existing threshold of 75 years for required Determination of Historic Significance review and revisit the idea of changing the age threshold upon adoption of the Context and Survey document.

On November 21, 2023, the City Council reviewed the Draft Historic Context Statement and Citywide Survey and directed staff to maintain the established 75-year threshold for Determination of Historic Significance Review as the preferred project evaluated by the EIR, notify property owners in all tiers of their status, to provide an additional public comment period of sixty (60) days, and to proceed with required environmental review. Comments received from the public during this extended review period were provided to City Council on September 17, 2024.

In April of 2024, the City contracted with Project Design Consultants (PDC) and RECON to prepare the EIR and associated technical documents. The scope of analysis for this PEIR was determined by the preparation of an Initial Study which was used to identify potentially significant environmental issues. Additional consideration was given to agency and public comments received in response to the Notice of Preparation (NOP) circulated June 12, 2024, and a scoping meeting held on June 27, 2024. Through these scoping activities, the project was determined to have the potential to result in significant environmental impacts to Cultural Resources (Historical Resources) and Land Use (Conflicts with Plans and Policies). All other environmental issue areas were found to result in a “Less than Significant Impact” or “No Impact” as determined in the Initial Study, which was circulated for public review with the NOP.

Following public scoping period, a Draft Program Environmental Impact Report was prepared, and a public review period for the document ran from August 23 to October 6, 2024. A Final Program Environmental Impact Report (PEIR) has now been completed, consistent with CEQA City of Coronado Page 275
Guidelines, the purpose of which is to provide decision makers and the public with information about the potentially significant effects of the project and possible ways to minimize significant effects, and to evaluate project alternatives. The Final PEIR also includes comments received during the public review period, and responses to those comments.

The Final PEIR, as well as the full Draft Historic Context Statement and Citywide Survey can be accessed at this link:
https://www.projectcoronado.org/citywide-historic-resource-survey ANALYSIS:

The project evaluated by the PEIR would amend the Coronado Municipal Code (CMC), Chapter

84.10, Historic Resource Code, to streamline the historic review process. A Historic Context Statement and Historic Resources Inventory was prepared which evaluated over 2,000 properties built before 1970 to identify properties the that appear to have architectural significance, and classified them into tiers:

Tier 1 - Unaltered or minimally altered from historic condition and potentially eligible for City designation under Criterion C.

Tier 2 - Recognizable as a particular architectural style but based on observation and/or construction history are more than “unaltered or minimally altered” from historic condition and do not appear to be eligible for historic designation under Criterion C.

Tier 3 - Substantially altered properties that retain little to no elements of a particular architectural style and, based on observation and/or construction history, are not eligible for historic designation under Criterion C.

With the project, Tier 3 properties that are 75 or more years old, built in 1949 or earlier would not require further historic review in the event of future renovations or demolition. The Historic Property Survey identified a total of 1,667 Tier 3 properties, with 1,007 structures built in 1949 or earlier and another 660 structures built between 1950 to1970.

Impacts Analysis
The EIR includes an evaluation of the project consistent with CEQA Guidelines (California code of Regulations Sections 15000-15387), Appendix G. Two areas were determined to have significant and unavoidable impacts as a result of the project: Historical Resources and Land Use and Planning.

Regarding Historical Resources, the Coronado Municipal Code requires that a property must meet two or more of the adopted Historic Designation Criterions. Although 90.2% of the City’s Historic Resource determinations have relied on Criterion C, it is possible that there could be resources that would qualify for a historic designation based on Criteria A, B or D which focus on significance relative to people, places, and/or events. Due to the scope of the historic survey, it was not reasonable to evaluate the significance of every structure and resource within the City against those criteria due to those criteria involving substantial site-specific research into building records and historic documents. Direct impacts to historical resources would be significant due to the potential loss of resources that may qualify as historic due to their association with people, places, or events. Indirect impacts would not be anticipated as the loss of potentially historic Tier 3 resources would not contribute architecturally to other surrounding resources or districts. No feasible mitigation has been identified and impacts to historical resources within the project area City of Coronado Page 276
would be significant and unavoidable.

Regarding Land Use, a number of policies were identified that are relevant to historic resources including the City’s Historic Preservation Element of the General Plan, and policies in the Local Coastal Program that encourage historic preservation and adaptive reuse. The project would not conflict with most policies because the amendments to the CMC would not deter or discourage preservation of historic or architecturally significant structures. Individual residents and property owners could continue to pursue historic designation and the City would continue to encourage preservation of historic structures. However, because the proposed amendments to the CMC could result in certain potentially historic resources not being required to undergo historic review, these potentially historic resources could be lost. No feasible mitigation has been identified and impacts to land use plans and policies would be significant and unavoidable.

Project Alternatives
In developing the alternatives to be addressed in this section, consideration was given to their ability to meet the basic objectives of the project and eliminate or substantially reduce significant environmental impacts. Project objectives identified for the Preferred Project include streamlining the Coronado Historic Preservation Program review process to provide consistency to preservation planning efforts; further guide the preservation of historically significant properties; provide certainty to property owners regarding the known historical significance of structures.

Three project alternatives were evaluated: No Project, a 50 Year Threshold, and a Project plus a 50 Year Threshold.

The No Project Alternative has the potential to result in significant impacts to historical resources less than 75 years old that would not require historic review under the existing regulations.

However, under the No Project Alternative, elimination of Tier 3 properties from further historic review would not occur; therefore, significant impacts to historical resources could occur to a lesser extent than the project because all Tier 3 structures would continue to be evaluated.

Impacts related to land use plans or policies would be less than significant and less than the project; however, the No Project Alternative would not meet the project objectives.

The 50-Year Threshold Alternative would not have the potential to result in significant impacts to historical resources, as this amendment would increase the level of historic review to include structures between 50 and 75 years old. Additional properties 50 to 75 years old would be reviewed for their potential to qualify as a historic resource and would require an in-depth historical review. Impacts of this alternative would be less than significant as the changes would increase regulatory protections for potentially historic properties. However, the 50-Year Threshold Alternative would not meet the project objectives.

The Project Plus 50-Year Threshold Alternative would include amending Title 84 of the CMC to modify the current determination of historic significance review age threshold from 75 to 50 years and would adopt the Historic Property Survey which would exclude Tier 3 properties from further historic review. Like the project, impacts of this alternative would be significant due to the potential for some Tier 3 properties to be potentially historic under one or more of the other City criteria.

However, impacts would be slightly reduced compared to the project because additional properties between 50 to 75 years would be reviewed for their potential to qualify as a historic resource and would require an in-depth historical review. Therefore, the Project Plus 50-Year Threshold Alternative was identified as the Environmentally Superior Alternative as required by CEQA. Nonetheless, this alternative would still result in significant impacts to historic resources, but to a lesser extent than the project, and this alternative would not meet the project objectives.

City of Coronado Page 277
Next Steps
If the City Council decides to amend the Historic Preservation Ordinance, staff will return with a draft Ordinance Amendment based on Council direction for a first reading in early 2025.

FISCAL IMPACT:

The City Council authorized a contract with Dudek for the completion of the Historic Context Statement and Citywide Survey in amount of $120,780 and has authorized a contract with Project Design Consultants in the amount of $122,205 for completion of the Program Environmental Impact Report. Both contracts are within budget.

ALTERNATIVE:

The City Council could decide not to certify the PEIR and provide direction to conduct additional environmental review, or provide alternate direction on the project as a whole.

CALIFORNIA ENVIRONMENTAL QUALITY ACT:

In accordance with the California Environmental Quality Act (CEQA) Guidelines Section 15121, the purpose of this PEIR is to provide public agency decision-makers and members of the public with general information about the potentially significant environmental effects of the project, possible ways to minimize its significant effects, and reasonable alternatives that would reduce or avoid any identified significant effects. Alternatives to the project are presented to evaluate alternative land use scenarios, policies, and/or regulations that would further reduce or avoid significant impacts associated with the project. The PEIR has been prepared by the City as lead agency, in compliance with the criteria, standards, and procedures of the CEQA of 1970 as amended (Public Resources Code, Section 21000 et seq.), and the CEQA Guidelines (California Code of Regulations, Title 14, Section 15000 et seq.). The City is the lead agency for the project, pursuant to Article 4 (Sections 15050 and 15051) of the CEQA Guidelines. The lead agency, as defined by CEQA Guidelines Section 15367, is the public agency that has the principal responsibility and authority for carrying out or approving a proposed project. As lead agency, the City of Coronado Community Development Department conducted a preliminary review of the project and determined that a PEIR was required. The analysis and findings in this PEIR reflect the independent, impartial conclusions of the City. This EIR has been prepared as a PEIR, as defined the CEQA Guidelines Section 15168 a PEIR is the appropriate CEQA document when the project is the issuance of rules, regulations, or plans to govern the conduct of a continuing program and future individual activities would be carried out under the same authorizing statutory or regulatory authority and have generally similar environmental effects (CEQA Guidelines Section 15168 (a)(3) and (4)).

PUBLIC NOTICE:

A public review period of the Draft Environmental Impact Report ran from August 23 to October 6, 2024. A public notice for this meeting was published in the Coronado Eagle Journal on November 20, 2023.

ATTACHMENTS:

1. PEIR for Amendments to the Coronado Historic Preservation Program, Appendices, Errata, and Findings
Submitted By: Community Development Department / Tricia Olsen City of Coronado Page 278
Final Program Environmental Impact Report
for Amendments to the Coronado
Historic Preservation Program
Coronado, California
SCH #2024060456
Prepared for
City of Coronado
Community Development Department
1825 Strand Way
Coronado, CA 92118
Prepared by
RECON Environmental, Inc.
3111 Camino del Rio North, Suite 600
San Diego, CA 92108
P 619.308.9333
RECON Number 9641-3
December 3, 2024
Attachment 1 City of Coronado Page 279
Letters of Comment and Responses
Amendments to the Coronado Historic Preservation Program PEIR RTC-1
Amendments to the Coronado Historic Preservation Program PEIR Final Program Environmental Impact Report
Letters of Comment and Responses
The City received two comment letters during the project’s Public Review period (August 23, 2024, to October 6, 2024). A copy of each comment letter along with corresponding staff responses is included here. Some of the comments did not address the adequacy of the environmental document.

In some instances, staff has attempted to provide an appropriate response. However, pursuant to CEQA Guideline Section 15088, the City need only “respond to comments raising significant environmental issues” (CEQA Guidelines Section 15088(a)).

Some of the comments received resulted in changes to the Draft PEIR text. These text changes are indicated by strikeout (deleted) and underline (inserted) markings in the Final PEIR text. As detailed in the Errata, revisions to the Draft PEIR resulted only in corrections to minor discrepancies and provide additional clarification. The revisions do not affect the conclusions of the document.

Letter Author Page Number
Agencies
A1 California Department of Transportation RTC-2
Organizations
O1 Coronado Historical Association RTC-5
Attachment 1 City of Coronado Page 280

LETTER RESPONSE
RTC-2
A1-1: Introductory comment noted. This comment does not raise a concern with the content or adequacy of the analysis contained within the Draft Program Environmental Impact Report.

Letter A1
A-1
Attachment 1 City of Coronado Page 281

LETTER RESPONSE
RTC-3
A1-2: This comment is noted. The City of Coronado (City) acknowledges this comment. As owner of the bridge, toll booth, and State Route 75, the California Department of Transportation (Caltrans) has full authority to define the scope of any future projects affecting their facilities, to serve as the Lead Agency under the California Environmental Quality Act (CEQA), and to determine the appropriate level of environmental review for their projects. Projects in the Caltrans right-of-way are required to go through a discretionary review and approval by Caltrans and an encroachment permit would be required for any work within the Caltrans right-of-way prior to construction. As noted in Appendix C, Section 1.2, the Historic Resources Survey excludes any state- or federally-owned property located within the city limits.

The contributing elements of the San Diego-Coronado Bay Bridge Historic District and the character defining features of the Historic District, which are described in this comment, are located within the Caltrans right-of-way. As a result, there would be no impact to Caltrans properties as a result of implementation of the project.

A-2
Attachment 1 City of Coronado Page 282

LETTER RESPONSE
RTC-4
A1-3: The City acknowledges this comment and in response, confirms that it has a copy of the First Supplemental Historical Resources Evaluation Report for the San Diego-Coronado Bay Bridge Suicide Deterrent Project. However, all resources which are listed on the National Register of Historic Places and the California Register of Historical Resources are subject to CEQA and are outside of the scope of this project.

A1-4: The City is aware that the bridge and toll booth are listed on the National Register of Historic Places and California Register of Historical Resources. No further response required.

A1-5: Caltrans process relating to surveys and work within its right-of-ways is noted. No further response required.

A-3
A-4
A-5
Attachment 1 City of Coronado Page 283

LETTER RESPONSE
RTC-5
O1-1: The City acknowledges the commenter’s support for the 50-Year Threshold Alternative. The City acknowledges the commenter’s opposition to the exclusion of Tier 3 properties from historic review.

The 50-Year Threshold Alternative will be further discussed in the responses following.

O1-2: As stated in this comment, the Draft Program Environmental Impact Report (PEIR) prepared for the City of Coronado (City) Amendments to the City of Coronado Historic Preservation Program (project) found that implementation of the project would result in significant and unavoidable impacts to historic resources. As detailed in Section

4.1.5 of the PEIR, it is possible that properties older than 75 years and designated as Tier 3 properties could be historically significant. As stated therein, “…some Tier 3 properties could be potentially historically significant pursuant to CEQA Guidelines section 15064.5a Criterion 3a – historical resources associated with events that have made a significant contribution to the broad patterns of California’s history and cultural heritage, and 3b – historical resources that are associated with the lives of persons important in our past.” As a result, the Draft PEIR concludes that implementation of the project could result in significant impacts as a result of the demolition or alteration of resources that may qualify as historic due to their association with people, places, or events (Criterion C of the City’s Historic Resource Code, Coronado Municipal Code [CMC] Section

84.10.030).

It is noted in Section 3.4 of the Draft PEIR that 90.2 percent of existing historically designated properties were designated using Criterion C in Section 84.10.030. Therefore, Tier 3 properties were associated with Criterion C in the majority of instances, and it is a reliable predictor of historical significance.

O1-1
Letter O1
O1-2
O1-3
O1-4
O1-5
O1-6
O1-7
Attachment 1 City of Coronado Page 284

LETTER RESPONSE
RTC-6
(O1-2 cont.)
Furthermore, as described in Section 3.4 of the Draft PEIR and in Appendix D, Tier 3 properties are those that are substantially altered from their historic condition. As noted in California Code of Regulations (CCR), Title 14, Division 3, Chapter 11.5, § 4852(c):

Integrity is the authenticity of an historical resource’s physical identity evidenced by the survival of characteristics that existed during the resource’s period of significance. Historical resources eligible for listing in the California Register must meet the criteria of significance described in section 4852(b) of this chapter, and retain enough of their historic character or appearance to be recognizable as historical resources and to convey the reasons for their significance. Integrity is evaluated with regard to the retention of location, design, setting, materials, workmanship, feeling, and association.

There is a low likelihood that Tier 3 properties would retain sufficient integrity to meet the criteria for listing in the National Register of Historic Places or California Register of Historical Resources, as Tier 3 properties are defined as those have been substantially altered from their historic condition. As described in Section 4.1.3 of the Draft PEIR, impairment of an historical resource is further explained to include the following:

A) Demolishes or materially alters in an adverse manner those physical characteristics of an historical resource that convey its historical significance and that justify its inclusion in, or eligibility for, inclusion in the California Register of Historical Resources; or
B) Demolishes or materially alters in an adverse manner those physical characteristics that account for its inclusion in a local Attachment 1 City of Coronado Page 285

LETTER RESPONSE
RTC-7
(O1-2 cont.)
register of historical resources pursuant to section 5020.1(k) of the Public Resources Code or its identification in an historical resources survey meeting the requirements of section 5024.1(g) of the Public Resources Code, unless the public agency reviewing the effects of the project establishes by a preponderance of evidence that the resource is not historically or culturally significant; or
C) Demolishes or materially alters in an adverse manner those physical characteristics of a historical resource that convey its historical significance and that justify its eligibility for inclusion in the California Register of Historical Resources as determined by a lead agency for purposes of CEQA.
(California Environmental Quality Act [CEQA] Guidelines section 15064.5(b)(2).

The project identifies Tier 3 properties are those that have been altered from their historic condition. At the program level of review, the exclusion of Tier 3 properties from required historic review would not result in an impairment of an historical resource through the demolition of the qualities required to retain integrity to meet the criteria for listing in the National Register of Historic Places or California Register of Historical Resources.

It is highly unlikely that Tier 3 properties would qualify for historic designation based on their substantially altered condition, and the likelihood of impacts to Historical Resources is low. However, since it was not feasible at the program level for the City to conduct the extensive research that would be required to determine historic significance based on other criteria of all properties included in the survey, there could be potential impacts to potentially historically significant properties pursuant to CEQA Guidelines section 15064.5 Criterion 3a and 3b.

Attachment 1 City of Coronado Page 286

LETTER RESPONSE
RTC-8
O1-3: CEQA does not specifically state a 50-year threshold for historical significance. Additionally, the CCR does not state a specific age threshold over which resources must be evaluated for historic significance. The generally used age threshold of 50-years is taken from the CCR Title 14, Division 3, Chapter 11.5, § 4852(d)(3)), which applies a 50-year threshold for listing historical resources in the California Register of Historical Resources.

The current age-threshold codified in CMC Title 84 is the 75-year threshold; therefore, approval of the proposed project would not result in any changes related to the age of resources evaluated for historical significance.

O1-4: The CEQA Guidelines require an EIR to consider alternatives to a project that could reduce significant impacts. The 50-Year Threshold Alternative considers the scenario where CMC Title 84 would be amended to reduce the City’s historic significance review age threshold from 75 to 50 years. Additionally, this alternative would not adopt the Historic Property Survey and, therefore, would not exclude Tier 3 properties from further historic review. While the 50-Year Threshold Alternative would result in reduced impacts compared to the project, the 50-Year Threshold Alternative would not meet the project objectives.

O1-5: CEQA Guidelines Section 15124 requires a statement of project objectives to be included in the project description. As stated therein, “[T]he statement of objectives should include the underlying purpose of the project and may discuss the project benefits.” The project objectives are set out in Section 3.3.2 of the Draft PEIR, as follows:
• Streamline the City’s Historic Preservation Program review process to provide consistency to preservation planning efforts;
Attachment 1 City of Coronado Page 287

LETTER RESPONSE
RTC-9
(O1-5 cont.)
• Further guide the preservation of historically significant properties;
• Provide certainty to property owners regarding the known historical significance of structures.

The objective to streamline the historic review process would allow the City to ensure consistency and, therefore, transparency associated with the historic process. The project’s objectives are then evaluated against the project alternatives as required by CEQA Section 15126.6.

O1-6: Comment noted. No specific case law has been noted in this comment. Please refer to response O1-23 for a discussion of specific case law.

O1-7: While the proposed project would result in Significant and Unavoidable impacts in Cultural Resources (Historic Resources) and Land Use (Policies and Plans), as discussed in comment O1-2, impacts would be unlikely but nonetheless could be significant and unavoidable if they were to occur.

Attachment 1 City of Coronado Page 288

LETTER RESPONSE
RTC-10
O1-8: The City acknowledges the commenter’s support for the 50-Year Threshold Alternative. The City acknowledges the commenter’s opposition to the exclusion of Tier 3 properties from historic review.

O1-9: This comment correctly states the conclusions found in the Draft PEIR.

O1-10: Refer to response O1-2 for a discussion of the Draft PEIR finding of significant and unavoidable and a discussion of historical integrity relating to the overall impact to historical resources.

O1-11: As discussed in Section 4.2.5.1 and Table 4.2-1 of the Draft PEIR, the project would not conflict with the majority of policies pertaining to historic preservation because the amendments to the CMC would not deter or discourage preservation of historic or architecturally significant structures. Individual residents and property owners could continue to pursue historic designation, and the City would continue to encourage preservation of historic structures. However, because the proposed amendments to the CMC could result in certain potentially historic resources not being required to undergo historic review, these potentially historic resources could be lost.

O1-8
O1-9
O1-10
O1-11
Attachment 1 City of Coronado Page 289

LETTER RESPONSE
RTC-11
O1-12: As noted in the comment and in Section 4.1 of the Draft PEIR, the 50-Year Threshold Alternative has reduced impacts compared to the project. However, the 50-Year Threshold does not achieve project objectives.

O1-13: Refer to O1-3 for a discussion of CEQA guidelines pertaining to historical resources.

O1-14: While the 50-Year Threshold Alternative would reduce impacts when compared to the project, it does not meet the project objectives. The project complies with CEQA guidelines regarding potentially historic properties. Refer to response O1-3.

O1-15: It is noted that CEQA is a disclosure stature requiring that all potentially significant impacts be addressed and discussed to provide agency decision makers with all information needed to make educated and effective decisions. The Draft PEIR discloses significant and unavoidable impacts associated with historic resources and land use consistency. The Coronado City Council will use its discretion to determine whether the project benefits outweigh the remaining significant impacts.

O1-16: It is accurate to state that 50-Year Threshold Alternative would result in the identification of additional properties above the project.

However, this alternative would not meet project objectives. See responses to comments O1-2 and O1-15.

O1-17: It is accurate that 50-Year Threshold Alternative would result in the identification of additional properties above the project. However, this alternative would not meet project objectives. See responses to comments O1-2 and O1-15.

O1-18: Refer to response O1-2 for a discussion of impacts to historical resources and a discussion of historical integrity.

O1-12
O1-13
O1-14
O1-15
O1-16
O1-17
O1-18
Attachment 1 City of Coronado Page 290

LETTER RESPONSE
RTC-12
O1-19: It is accurate that 50-Year Threshold Alternative would result in the identification of additional properties above the project. However, this alternative would not meet project objectives. See responses to comments O1-2 and O1-15. The Coronado City Council will use its discretion to determine whether the project benefits outweigh the remaining significant impacts.

O1-20: The adoption of the Historic Property Survey and Tier System would not undermine principles of thorough historic review and community engagement. While the project would remove Tier 3 properties from required historical review moving forward, the development of the Tier System and the Historic Property Survey were based on a thorough historic review which included public participation at multiple junctures, as described in Response O1-16.

Additionally, the Historic Context Statement and Historic Property Survey were developed in accordance with National Park Service and California Office of Historic Preservation (OHP) guidelines including the OHP Preferred Format for Historic Context Statements, Instructions for Recording Historical Resources, and Writing Historic Contexts.

O1-21: See response O1-16 and O1-20.

O1-22: Regarding the comment referencing Save Our Heritage Organization v. City of San Diego, it is unclear which case the commenter is referencing. Save Our Heritage Organization (SOHO) brought a case against the County (not the City) of San Diego in 2014, but that unpublished opinion affirmed the agency’s CEQA determinations (2014 WL 3587805). Further, a series of SOHO cases against the City concerned the Plaza de Panama Project in Balboa Park, but none of these opinions concluded that the City violated CEQA by failing to consider potentially significant historical O1-19
O1-20
O1-21
O1-22
Attachment 1 City of Coronado Page 291

LETTER RESPONSE
RTC-13
(O1-22 cont.)
properties (see 2013 WL 6098441; 237 Cal.App.4th 163 [2015]; 11 Cal.App.5th 154 [2017]; 28 Cal.App.5th 656 [2018]) In any event, the commenter’s concern that the City is improperly excluding properties from historical review based on administrative streamlining is misplaced. The City’s approach appropriately balances its commitment to preservation of the City’s most important and intact historic properties while ensuring that development of more recent and substantially altered properties are not delayed by unnecessary reviews. Indeed, this approach satisfies the commenter’s request that the City adopt “a thorough and comprehensive approach to historical preservation, rather than one that prioritizes administrative streamlining.”
Attachment 1 City of Coronado Page 292

LETTER RESPONSE
RTC-14
O1-23: Please refer to response O1-16 and O1-20 for a discussion of the historic review process conducted for this project. Please refer to response O1-2 for a discussion of the likelihood and extent of impacts.

O1-24: Per CEQA Section 15126.4.a.5, if the lead agency determines that a mitigation measure cannot be legally imposed, the measure need not be proposed or analyzed. Instead, the EIR may simply reference that fact and briefly explain the reasons underlying the lead agency’s determination. The City has done a thorough review of potentially historic properties including the identification of those that qualify as Tier 3. Refer to response O1-16 and O1-20 for a discussion of the historic review conducted for this project.

Additionally, Tier 3 properties can go through a voluntary historic review at the owner’s request (see response O1-11). The Draft PEIR discloses significant and unavoidable impacts associated with historic resources and land use consistency. The Coronado City Council will use its discretion to determine whether the project benefits outweigh the remaining significant impacts.

O1-25: As described in Section 4.2.5.1 of the Draft PEIR, a number of General Plan policies and Local Coastal Plan policies have been identified that serve to preserve historic resources. These policies are cited in Table 4.2-1 of the Draft PEIR. As detailed in Table 4.2-1, the project would not conflict with most policies because the amendments to the CMC would not deter or discourage preservation of historic or architecturally significant structures. Individual residents and property owners could continue to pursue historic designation, and the City would continue to encourage preservation of historic structures. However, because the proposed amendments to the CMC could result in certain potentially historic resources not being required to undergo historic review, these potentially historic resources could be lost.

O1-23
O1-24
O1-25
O1-26
O1-27
Attachment 1 City of Coronado Page 293

LETTER RESPONSE
RTC-15
(O1-25 cont.)
Specifically, the Historic Preservation Element, (E) Government Functions, Policy 2 states, “Assure that municipal regulatory policies are conductive to preservation.” While the proposed amendments would still ensure preservation of most potentially historic structures and all architecturally potentially significant historic structures, certain resources that may be historically significant due to their association with significant people, places, or events would not require historic review and, therefore, could be impacted. Therefore, eliminating Tier 3 properties from further historic review would conflict with the Historic Preservation Element, (E) Government Functions, Policy 2, which was adopted for the purpose of avoiding or mitigating an environmental effect, specifically related to historic resources.

O1-26: This comment correctly restates the findings of the Draft PEIR. As noted in response O1-2, it is highly unlikely that Tier 3 properties would qualify for historic designation based on their substantially altered condition, and the likelihood of impacts to Historical Resources is low. However, since it was not feasible for the City to conduct the extensive research that would be required to determine historic significance based on other criteria of all properties included in the survey, there could be potential impacts to potentially historically significant properties pursuant to CEQA Guidelines section 15064.5a Criterion 3a and 3b.

As noted in response O1-25, the project would not deter or discourage preservation of historic or architecturally significant structures. Individual residents and property owners could continue to pursue historic designation, and the City would continue to encourage preservation of historic structures. However, because the proposed amendments to the CMC could result in certain potentially historic resources not being required to undergo historic review, these potentially historic resources could be lost.

Attachment 1 City of Coronado Page 294

LETTER RESPONSE
RTC-16
O1-27: Cumulative impacts were addressed in Section 4.1.6 and Section

4.2.6 of the Draft PEIR. Due to the changes being regulatory in nature, they would affect all future historic reviews for Tier 3 properties. If destruction of potentially historic properties occurs over time, there could be a cumulative loss of historic information and knowledge pertaining to potentially historic resources associated with important people, places, or events. Cumulative impacts would be significant.

However as discussed in response O1-2, it is highly unlikely that Tier 3 properties would qualify for historic designation based on their substantially altered condition, and the likelihood of impacts to Historical Resources is low. However, since it was not feasible for the City to conduct the extensive research that would be required to determine historic significance based on other criteria of all properties included in the survey, there could be potential impacts to potentially historically significant properties pursuant to CEQA Guidelines section 15064.5a Criterion 3a and 3b.

Attachment 1 City of Coronado Page 295

LETTER RESPONSE
RTC-17
O1-28: As discussed previously, since it was not feasible for the City to conduct the extensive research that would be required to determine historic significance based on other criteria of all properties included in the survey, there could be potential impacts to potentially historically significant properties pursuant to CEQA Guidelines section 15064.5a Criterion 3a and 3b. Refer to O1-16 for a discussion of methodology. While it is infeasible to provide absolute certainty, the Historic Property Survey was prepared using thorough methodology that evaluated all properties included in the Tier System for historical architectural integrity, as discussed in response O1-2; this significantly reduces, but does not completely eliminate, uncertainty regarding other historic criteria. The Coronado City Council will use its discretion to determine whether the project benefits outweigh the remaining significant impacts.

O1-29: This comment correctly restates the findings of the Draft PEIR. Refer to response O1-2 for a discussion of historical integrity and likelihood of impacts and refer to responses O1-24 and O1-28 for a discussion of overriding considerations.

O1-30: The historical events listed in the comment are included in Appendix C of the Draft PEIR. The events listed were considered in the analysis included in Section 4.1 of the Draft PEIR but were excluded from Section 4.1.1.1 for brevity. However, the following line is added to the Final PEIR for clarity:

The cultural setting described in the following subsections section is summarized for clarity from the Historic Property Survey (see Appendix C). Refer to
Appendix C for a comprehensive list of the historical
events and sites that were considered in preparation of the Final PEIR.

O1-28
O1-29
O1-30
Attachment 1 City of Coronado Page 296

LETTER RESPONSE
RTC-18
Attachment 1 City of Coronado Page 297

LETTER RESPONSE
RTC-19
O1-31: The commenter’s opposition and summary of previous comments are noted.

O1-32: The commenter’s support for the 50-Year Threshold Alternative is noted.

O1-31
O1-32
Attachment 1 City of Coronado Page 298
Table of Contents
Amendments to the Coronado Historic Preservation Program PEIR i

TABLE OF CONTENTS
Letters of Comment and Responses ................................................................................................................ RTC-1 List of Abbreviated Terms ......................................................................................................................... iii Executive Summary ............................................................................................................................... S-1

1.0 Introduction ............................................................................................................................... 1-1

1.1 EIR Purpose and Legal Authority ............................................................................................... 1-1

1.2 EIR Type, Scope, Organization, and Content......................................................................... 1-2

1.3 PEIR Process..................................................................................................................................... 1-4

2.0 Environmental Setting .............................................................................................................2-1

2.1 Project Location............................................................................................................................... 2-1

2.2 Natural Environment...................................................................................................................... 2-1

2.3 Built Environment......................................................................................................................... 2-10

3.0 Project Description ...................................................................................................................3-1

3.1 Introduction ...................................................................................................................................... 3-1

3.2 Project Background........................................................................................................................ 3-1

3.3 Statement of Objectives............................................................................................................... 3-2

3.4 Project Description ........................................................................................................................ 3-2

3.5 Discretionary Actions .................................................................................................................... 3-6

3.6 Intended Uses of the PEIR........................................................................................................... 3-6

4.0 Environmental Analysis ........................................................................................................... 4-1

4.1 Cultural Resources ....................................................................................................................... 4.1-1

4.2 Land Use and Planning ............................................................................................................. 4.2-1

5.0 Effects Found Not to be Significant .....................................................................................5-1

6.0 Growth Inducement .................................................................................................................6-1

6.1 Population and Housing Growth ............................................................................................... 6-1

6.2 Removal of an Impediment to Growth.................................................................................... 6-1

6.3 Foster Economic or Employment Growth.............................................................................. 6-2

6.4 Conclusion........................................................................................................................................ 6-2

7.0 Significant Unavoidable Environmental Effects/
Significant Irreversible Environmental Changes/Energy Conservation ........................ 7-1

7.1 Significant Environmental Effects Which Cannot Be Avoided if the Project is Implemented ................................................................................................................. 7-1

7.2 Significant Irreversible Environmental Changes Which Would Result if the Project is Implemented...................................................................................................... 7-1 Attachment 1 City of Coronado Page 299
Table of Contents
Amendments to the Coronado Historic Preservation Program PEIR ii
TABLE OF CONTENTS (cont.)

8.0 Project Alternatives ................................................................................................................. 8-1

8.1 Introduction ...................................................................................................................................... 8-1

8.2 No Project Alternative .................................................................................................................. 8-2

8.3 50-Year Threshold Alternative .................................................................................................. 8-3

8.4 Project Plus 50-Year Threshold Alternative........................................................................... 8-4

8.5 Environmentally Superior Alternative...................................................................................... 8-5

9.0 List of Preparers ....................................................................................................................... 9-1

10.0 References Cited ..................................................................................................................... 10-1

FIGURES
2-1: Regional Location ......................................................................................................................................... 2-2 2-2: Project Location on USGS Map................................................................................................................ 2-3 2-3: Project Location on Aerial Photograph ................................................................................................. 2-6 2-4: Soil Types......................................................................................................................................................... 2-8 2-5: Existing Land Uses on Surveyed Properties......................................................................................... 2-11 3-1: Historic Context Study Area ...................................................................................................................... 3-4 3-2: Historic Property Survey Area................................................................................................................... 3-5 3-3: Tier 3 Properties ............................................................................................................................................ 3-7

4.2-1: Local Coastal Program Areas in the City........................................................................................... 4.2-3 TABLES
S-1: Summary of Impact Analysis ..................................................................................................................... S-3 2-1: Soil Types throughout the City................................................................................................................. 2-7 2-2: Existing Land Uses in Project Areas (Tier 1, Tier 2, and Tier 3 Properties)................................ 2-12 3-1: Potentially Historic Properties by Tier and Decade ........................................................................... 3-6

4.1-1: Existing Historically Designated Properties ..................................................................................... 4.1-15

4.2-1: Policies Pertaining to Historic Resources .......................................................................................... 4.2-8

8.1: Alternatives Comparison to the Project................................................................................................. 8-2 APPENDICES (bound under separate cover)
A: NOP/Initial Study and Comments
B: Draft Amendments to Title 84 of the Coronado Municipal Code C: Draft Historic Context Statement and Historic Resources Inventory D: Historic Resources Inventory as of May 15, 2024
E: City of Coronado Historic Resources Register as of July 18, 2024 Attachment 1 City of Coronado Page 300
List of Abbreviated Terms
Amendments to the Coronado Historic Preservation Program PEIR iii
List of Abbreviated Terms
°F degrees Fahrenheit
CCA California Coastal Act
CCR California Code of Regulations
CEQA California Environmental Quality Act
City City of Coronado
CMC Coronado Municipal Code
CRHR California Register of Historic Resources
EIR Environmental Impact Report
IS Initial Study
LCP Local Coastal Plan
NASNI Naval Air Station North Island
NOP Notice of Preparation
NRHP National Register of Historic Places
PEIR Program Environmental Impact Report
project Amendments to the Coronado Historic Preservation Program SDAB San Diego Air Basin
Attachment 1 City of Coronado Page 301
S.0 Executive Summary
Amendments to the Coronado Historic Preservation Program PEIR Page S-1
S.0 Executive Summary
S.1 Project Synopsis
This summary provides a brief synopsis of: (1) the proposed Amendments to the Historic Resource Code, (2) the results of the environmental analysis contained within this Program Environmental Impact Report (PEIR), (3) the major areas of controversy, and (4) the alternatives to the Amendments to the Coronado Preservation Program (project) that were considered. This summary does not contain the extensive background and analysis found in the document. Therefore, the reader should review the entire document to fully understand the project and its environmental consequences.

S.1.1 Project Location and Setting
The city of Coronado (City) is located within the county of San Diego, surrounded by San Diego Bay to the north and east and the Pacific Ocean to the west, and bordered by the city of San Diego to the north and east, National City and Chula Vista to the east, Imperial Beach to the south, and Naval Air Station North Island to the southeast. The City is connected to the mainland by a natural land bridge, called the Silver Strand, that extends southerly a distance of approximately nine miles to the city of Imperial Beach. This land bridge separates the Pacific Ocean on the west from the bay located to the east. The City’s limits extend from Naval Air Station North Island south along the Silver Strand to the city of Imperial Beach. The City is also connected to downtown San Diego by the two-mile-long San Diego-Coronado Bay Bridge (State Route 75).

S.1.2 Project Objectives
In accordance with the California Environmental Quality Act (CEQA) Guidelines Section 15124(b), the following are basic project objectives.
• Streamline the City’s Historic Preservation Program review process to provide consistency to preservation planning efforts;
• Further guide the preservation of historically significant properties; • Provide certainty to property owners regarding the known historical significance of structures.

S.1.3 Project Description
The project would amend the Coronado Municipal Code (CMC), Chapter 84.10, Historic Resource Code (see Appendix B) to streamline the historic review process. To inform the proposed amendments to the CMC, a Historic Context Statement and Historic Resources Inventory (hereinafter referred to as the Historic Property Survey) was prepared (see Appendix C). The Historic Property Survey evaluated properties under CMC Section 84.10.030, Criterion C to identify properties the historic architectural significance of properties within the City’s historic core based on CMC Section

84.10.030 Criterion C. In order for a resource to be considered historically significant under Attachment 1 City of Coronado Page 302
S.0 Executive Summary
Amendments to the Coronado Historic Preservation Program PEIR Page S-2
Criterion C, it must possess distinctive characteristics of an architectural style that have not been substantially altered (CMC Section 84.10.030(C)).

The Historic Property Survey defined three tiers relative to whether a property may meet the Criterion C significance related to original architectural appearance, as follows:
• Tier 1 - Unaltered or minimally altered from historic condition and potentially eligible for City designation under Criterion C.
• Tier 2 - Recognizable as a particular architectural style but based on observation and/or construction history are more than “unaltered or minimally altered” from historic condition and do not appear to be eligible for historic designation under Criterion C. • Tier 3 - Substantially altered properties that retain little to no elements of a particular architectural style and, based on observation and/or construction history, are not eligible for historic designation under Criterion C.

The project would exclude Tier 3 properties from future historical review process required by CMC Chapter 84.10. Since Criterion C has been used as the basis for determining historic significance in nearly all—90.2 percent—of the City’s Historic Designation determinations, by identifying structures that do not meet the Criterion C category and excluding these from future review, the project would streamline the historic review process by eliminating review for those Tier 3 structures that would not qualify under Criterion C and, therefore, not likely qualify as historically significant.

The Historic Property Survey included a reconnaissance-level survey of over 2,000 properties within the City. The Historic Property Survey identified a total of 1,667 Tier 3 properties categorized as follows: 1,007 structures built in 1949 or earlier and another 660 structures built between 1950 to 1970. With the project, Tier 3 properties with structures built in 1949 or earlier would not require further historic review in the event of future renovations or demolition.

S.2 Summary of Significant Effects
Table S-1 summarizes the environmental effects identified during the environmental analysis completed for the project. Most issues were determined to have either no impact or a less than significant impact as part of the Initial Study (IS) circulated during the Notice of Preparation (NOP) process (see Appendix A). Two issues were fully evaluated within the PEIR including Cultural Resources (Historic Resources) and Land Use and Planning (Conflicts with Plans and Policies). Both of these issues were determined to result in significant and unavoidable impacts.

Attachment 1 City of Coronado Page 303
S.0 Executive Summary
Amendments to the Coronado Historic Preservation Program PEIR Page S-3
Table S-1
Summary of Impact Analysis
Issues Addressed in this PEIR Significance Determination Cultural Resources (Historic Resources) Significant and Unavoidable Land Use and Planning (Conflicts with Plans and Policies) Significant and Unavoidable Issues Addressed in the Initial Study (see Appendix A) Significance Determination Aesthetics Less than Significant
Agriculture and Forestry Resources No Impact
Air Quality No Impact
Biological Resources No Impact
Cultural Resources (Archaeological and Disturbance of Human Remains) No Impact Energy No Impact
Geology and Soils No Impact
Greenhouse Gas Emissions No Impact
Hazards and Hazardous Materials No Impact
Hydrology and Water Quality No Impact
Land Use and Planning (Physical Division of Community) No Impact Mineral Resources No Impact
Noise No Impact
Population and Housing No Impact
Public Services No Impact
Recreation No Impact
Transportation No Impact
Tribal Cultural Resources No Impact
Utilities and Service Systems No Impact
Wildfire No Impact
S.3 Areas of Controversy
The IS and NOP were distributed on Wednesday, June 12, 2024, for a 30-day public comment period.

In addition, a public scoping meeting was held on Thursday, June 27, 2024, at 5:30 p.m. at City Hall.

The IS and NOP are included in this PEIR as Appendix A. Potentially significant impacts related to the following environmental issue areas are analyzed in detail in the PEIR:

4.1 Cultural Resources – Historic Resources

4.2 Land Use – Land Use and PlanningConflicts with Plans and Policies No issues of controversy or concern were raised during the NOP process.

S.4 Issues to be Resolved by the Decision-Making Body
Issues to be resolved by the decision-making body include how to reduce significant, unavoidable adverse environmental impacts associated with the project to the maximum extent feasible while achieving project objectives, by adoption of the project or alternatives to the project identified in the PEIR.

Attachment 1 City of Coronado Page 304
S.0 Executive Summary
Amendments to the Coronado Historic Preservation Program PEIR Page S-4
S.5 Project Alternatives
To fully evaluate the environmental effects of projects, CEQA mandates that alternatives to the project be analyzed. Section 15126.6 of the CEQA Guidelines requires the discussion of “a range of reasonable alternatives to the project, or to the location of the project, which would feasibly attain most of the basic objectives of the project but would avoid or substantially lessen any of the significant effects of the project” and the evaluation of the comparative merits of the alternatives.

The alternatives discussion is intended to “focus on alternatives to the project or its location which are capable of avoiding or substantially lessening any significant effects of the project,” even if these alternatives would impede to some degree the attainment of the project objectives.

Chapter 8.0 provides a discussion of the No Project Alternative (no amendments to the existing code), the 50-Year Threshold Alternative (amend the age threshold from 75 years to 50 years), and the Project Plus 50-Year Threshold Alternative (amend the age threshold from 75 years to 50 years and exclude Tier 3 properties from required historic review) and identifies the Project Plus 50-Year Threshold Alternative as the environmentally superior alternative, as required under CEQA.

S.5.1 No Project Alternative (No Amendments to the Existing Code)
Under the No Project Alternative, amendments to the City of Coronado Historic Preservation Program including adoption of an Ordinance amending Title 84 of the CMC and adoption of a Historic Context Statement and Historic Resources Inventory (Historic Property Survey) would not occur. Therefore, the City would not remove Tier 3 properties identified in the Historic Property Survey from further historic review. The No Project Alternative would result in significant impacts to historical resources but to a lesser extent than the project. Impacts related to land use plans or policies would be less than significant and less than the project. The No Project Alternative would not meet the project objectives.

S.5.2 50-Year Threshold Alternative
Under the 50-Year Threshold Alternative, the City would amend Title 84 of the CMC to modify the current determination of historic significance review age threshold from 75 to 50 years to align with CEQA guidelines. Under this alternative, the City would not adopt the Historic Property Survey and, therefore, would not exclude Tier 3 properties from further historic review. The 50-Year Threshold Alternative would result in significant impacts to historical resources and would reduce impacts compared to the project. Impacts related to land use plans or policies would be less than significant and less than the project. The 50-Year Threshold Alternative would not meet the project objectives.

S.5.3 Project Plus 50-Year Threshold Alternative
Under the Project Plus 50-Year Threshold Alternative, the City would amend Title 84 of the CMC to modify the current Determination of Historic Significance Review age threshold from 75 to 50 years to align with CEQA Guidelines and would adopt the Historic Property Survey which would exclude Attachment 1 City of Coronado Page 305
S.0 Executive Summary
Amendments to the Coronado Historic Preservation Program PEIR Page S-5
Tier 3 properties from further historic review. The Project Plus 50-Year Threshold Alternative would result in significant impacts to historical resources and land use plans and policies, but to a lesser extent than the project. The Project Plus 50-Year Threshold Alternative would meet the project objectives.

S.5.4 Environmentally Superior Alternative
CEQA Guidelines Section 15126.6(e)(2) requires an Environmental Impact Report to identify the environmentally superior alternative. If the No Project Alternative is the environmentally superior alternative, the Environmental Impact Report must identify an environmentally superior alternative from the other alternatives. The project itself may not be identified as the environmentally superior alternative. The environmentally superior alternative is the alternative identified as meeting most of the basic project objectives and resulting in the fewest or least severe combination of significant environmental impacts.

The Project Plus 50-Year Threshold Alternative is considered the environmentally superior alternative because it would incrementally reduce significant impacts associated with historic resources and land use and would meet the basic project objectives. However, Wwhile the 50-Year Threshold Alternative would reduce environmental impacts to the greatest degree, it would not meet any of the project objectives to the same degree compared to the project and is therefore rejected as a feasible alternative to the project.; therefore, it is rejected as environmentally superior. The Project Plus 50- Year Threshold Alternative is considered the environmentally superior alternative because it would incrementally reduce significant impacts associated with historic resources and land use and would meet the basic project objectives.

Attachment 1 City of Coronado Page 306

1.0 Introduction
Amendments to the Coronado Historic Preservation Program PEIR

Page 1 ends

Coronado City CouncilDecember 3, 2024

Coronado City Council
December 3, 2024