AGENDA
REGULAR MEETING
City of Coronado City Council/
The City of Coronado Acting as the Successor Agency to the Community Development Agency of the City of Coronado
December 02, 2025 04:00 PM
Coronado City Hall Council Chamber
1825 Strand Way
Coronado, California 92118
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 Office of the City Clerk at (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 72 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.
A copy of the agenda with the background material is available for public inspection at City Hall, at the Public Library, or on our website at www.coronado.ca.us. Writing and documents regarding an agenda item on an open session meeting, received after the official posting and distributed to the City Council for consideration, will be made available for public viewing at City Hall and on the City website. Materials submitted for consideration should be forwarded to the Office of the City Clerk at [email protected].
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 exent that City staff determines that particular items are not subject to CEQA, there will be no indication of a CEQA action on this agenda.
December 02, 2025 City of Coronado Page 1
CALL TO ORDER AND ROLL CALL
PLEDGE OF ALLEGIANCE
PRESENTATIONS
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.
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.
Approve Warrants Certified by Treasurer as Correct and BudgetCompliant for FY 2025-26Page 6 Recommendation:
Approve the Warrants as certified by the City/Agency Treasurer.
Approval of the October 21, November 4 and November 18, 2025 Regular and Closed Session Meetings
Recommendation:
Approve the Minutes of the October 21, November 4, and November 18 2025 Regular and Closed Session Meetings.
Accept a Donation of $1,000 for the League of Wives Memorial Plaque Page 79 Recommendation:
Accept a donation of $1,000 from Susan Keith to support the League of Wives Memorial plaque and bench project.
Received and File the Annual Comprehensive Financial Report (ACFR) for the Year Ending June 30, 2025
Recommendation:
Receive and file the City of Coronado Annual Comprehensive Financial Report for the year ending June 30, 2025.
Adoption of a Resolution Approving Final Map Number PC2025-01, Located at 737-753 Orange Avenue, Coronado, California
Recommendation:
Adopt “A Resolution of the City Council of the City of Coronado, California, Approving
1. 2.
3. 4.
4.a
4.b
4.c
4.d
4.e
4.f
December 02, 2025 City of Coronado Page 2
Final Map Number PC2025-01, Located at 737-753 Orange Avenue, Coronado, California.”
Authorize the City Manager to Execute an Agreement with ComSonics for a License Plate Recognition Parking Enforcement System for a Five-Year Agreement, and Amend the FY 2025/26 Budget and Appropriate Funds in the Amount of $198,000
Recommendation:
Authorize the City Manager to execute an agreement with ComSonics Incorporated for a License Plate Recognition Parking Enforcement System (LPR), and amend the FY 2025/26 Budget and appropriate Funds in the amount of $198,000.
Appointment of One Member to the San Diego Unified Port District Board of Port Commissioners
Recommendation:
Consider reappointment of Frank Urtasun as commissioner to represent the City of Coronado on the San Diego Unified Port District Board of Port Commissioners for a fouryear term to expire on January 1, 2030.
ORAL COMMUNICATIONS
Comments relating to items on the agenda are taken at the time the items are heard. Any person wishing to address the City Council on items not appearing on this agenda but within its jurisdiction shall give their name and limit comments to three (3) minutes, unless modified by the Chair. Additionally, written comments may be submitted on the City’s website or via email. Requests for public comment via Zoom must be made at least 24 hours in advance of the meeting. Please contact the City Clerk at (619) 522- 7320 or [email protected] for more information.
CITY MANAGER/EXECUTIVE DIRECTOR
PUBLIC HEARINGS
Public Hearing to Consider Adoption of Revised Recreation Fees and Recreation Facility Use Policy
Recommendation:
Conduct a public hearing and adopt “A Resolution of the City Council of the City of Coronado, California, adopting a revised Recreation Fee Schedule and a revised Recreation Facility Use Policy, effective January 1, 2026.” Introduction of an Ordinance Adopting by Reference the 2025 California Building Standards Codes and Repealing and Reenacting Specified Chapters of Title 70 of the Coronado Municipal Code
Recommendation:
Conduct a public hearing and introduce Ordinance 2025-11, “An Ordinance of the City Council of the City of Coronado, California, Repealing Chapters 70.01, 70.05 70.06 70.10,
4.g
4.h
5. 6.
7. 7.a
7.b
December 02, 2025 City of Coronado Page 3
70.20, 70.25, 70.30, 70.40, 70.50, 70.60, 70.80, 70.90, 70.100, 70.110, and 70.120 of the Coronado Municipal Code which incorporate by reference the Uniform Administrative Code, Uniform Housing Code and the Uniform Code for the Abatement of Dangerous Buildings, and adopting new Chapters 70.10, 70.20, 70.25, 70.30, 70.40, 70.50, 70.60,
70.70, 70.80, 70.90, 70.100, 70.110, and 70.120 of the Coronado Municipal Code which adopt by reference the 2025 California Administrative Code, Building Code, Residential Code, Electrical Code, Mechanical Code, Plumbing Code, Energy Code, Historic Building Code, Fire Code, Existing Building Code, Green Building Standards, Wildland-Urban Interface Code, and Referenced Standards.”
GENERAL BUSINESS
Council Reports on Interagency Assignments
Questions allowed to clarify but no responses, discussion or action. Councilmembers are asked to limit their oral reports to three (3) minutes.
Consideration of up to Three New Members to Serve on the Parks and Recreation Commission
Recommendation:
Consider for appointment up to three new members from the submitted applications to serve on the Parks and Recreation Commission for terms to begin January 1, 2026, and to expire December 31, 2027, and 2028, respectively.
Authorization for the City Manager to Execute a Purchase and Sale Agreement to Acquire the Real Property located at 349-63 D Avenue and Authorize a Budget Amendment and Appropriation
Recommendation:
Authorize the City Manager to execute a purchase and sale agreement to acquire 349-63 D Avenue for $5,998,000; authorize a budget amendment and appropriation from the Affordable Housing In-Lieu Fund and the General Fund for the purchase price of $5,998,000; and direct staff to return with options regarding affordable housing opportunities.
Authorization for the City Manager to Execute Agreements for the Deferral of Payment of Wastewater Capacity Fees for 1315 Orange Avenue ($85,894) and 1355 First Street ($402,953)
Recommendation:
Approve and authorize the City Manager to execute agreements for the Deferral of Payment of Wastewater Capacity Fees, in a format acceptable to the City Attorney, for development projects at 1315 Orange Avenue ($85,894) and 1355 First Street ($402,953).
Quarterly Cross-Border Water Pollution Update Page 449
Recommendation:
Receive an update on recent activities regarding cross-border water pollution and consider and adopt a revised “Resolution of the City Council of the City of Coronado Prioritizing Actions to Resolve the Cross Border Water Pollution Crisis.”
8. 8.a
8.b
8.c
8.d
8.e
December 02, 2025 City of Coronado Page 4
Motion for Renewed Deliberation on the Adoption of the Historic Resources Inventory - Policy #9 Request
BOARD, COMMISSION, AND ADVISORY COMMITTEE REPORTS
CITY ATTORNEY
COMMUNICATIONS WRITTEN
ADJOURNMENT
8.f
9. 10.
11. 12.
December 02, 2025 City of Coronado Page 5
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 2025/2026. 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 2, 2025
Agency Warrant(s) Voucher(s)
City of Coronado 20016863-20017026 V5007789-V5007869
City of Coronado Acting as the Successor
Agency to the Community Development
Agency of the City of Coronado
Voided Warrant(s) and Vouchers
Warrant List for City Council Meeting
December 2, 2025
20016919 and 20016920
Item 4.b
December 02, 2025 City of Coronado Page 6
100 General Fu 100-14215 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
OCT25(1) PREPAY REVERSAL -24,400.00
100-14215 -24,400.00
100 General Fu 100-20235 20016919 11/12/2025 ONE-TIME VENDOR -
ENGINEERING
PC2023-01 REFUND -
IMPROVEMENT BOND DEPOSIT
17,218.04
100 General Fu 100-20235 20016920 11/12/2025 ONE-TIME VENDOR -
ENGINEERING
PC2022-04 REFUND -
IMPROVEMENT BOND DEPOSIT
36,378.94
100-20235 53,596.98
100 Non-Depart 10010000-80030 5007858 11/19/2025 MERJAN ENTERPRISES INC
02 PM SVC NOV 25 351.49
10010000-80030 351.49
100 Non-Depart 10010000-80100 20016901 11/12/2025 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2025 3,611.48 10010000-80100 3,611.48
100 Non-Depart 10010000-80112 20016869 11/12/2025 CAL-AM WATER (CITY
HALL ACCOUNT)
517 ORANGE AVE OCT25 204.24
100 Non-Depart 10010000-80112 20016930 11/19/2025 CAL-AM WATER (CITY
HALL ACCOUNT)
1710 STRAND WAY OCT25
(MEDIAN IRRIGATION)
178.62
100 Non-Depart 10010000-80112 20016930 11/19/2025 CAL-AM WATER (CITY
HALL ACCOUNT)
CH 6IN FIRE DEC25 95.87
100 Non-Depart 10010000-80112 20016930 11/19/2025 CAL-AM WATER (CITY
HALL ACCOUNT)
1717 STRAND WAY NOV-DEC25
(SR75 MEDIAN IRRIGATION)
95.87 100 Non-Depart 10010000-80112 20016930 11/19/2025 CAL-AM WATER (CITY
HALL ACCOUNT)
CH WATER OCT25 1,541.95
10010000-80112 2,116.55
100 Non-Depart 10010000-80132 5007798 11/12/2025 M B OLIVER, INC 01. City Hall - Pest Control 80.00 10010000-80132 80.00
100 Non-Depart 10010000-80210 20016968 11/19/2025 TPX COMMUNICATIONS CO
01 CITYWIDE TELE EXP 3,496.73
10010000-80210 3,496.73
100 Non-Depart 10010000-80590 5007799 11/12/2025 COMPLETE OFFICE LLC 01. COPY PAPER CH 191.20 10010000-80590 191.20
100 Non-Depart 10010000-80600 5007868 11/19/2025 BEKKER'S INC. Fixed Amount 500.00 100 Non-Depart 10010000-80600 5007868 11/19/2025 BEKKER'S INC. 50% of Remaining Balance 11,279.60
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 7
10010000-80600 11,779.60
100 Non-Depart 10010000-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
Caramel macchiato pods 19.98
10010000-80650 19.98
100 Legislativ 10011000-80030 5007849 11/19/2025 BEST BEST & KRIEGER LLP
FED ADV 10 51293 7,130.00
100 Legislativ 10011000-80030 5007849 11/19/2025 BEST BEST & KRIEGER LLP
TRANSPORTATION BINATIONAL
DELEGATION
164.58
100 Legislativ 10011000-80030 5007863 11/19/2025 KYRA EMANUELS ROSS STATE LEGISLATIVE ADVOCACY NOV25
5,100.00
10011000-80030 12,394.58
100 Legislativ 10011000-80340 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
11. MISC MEETINGS & TRAVEL 58.17
100 Legislativ 10011000-80340 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
11. MISC MEETINGS AND
TRAVEL
143.60
100 Legislativ 10011000-80340 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
11. MISC MEETINGS AND
TRAVEL
1,416.15
10011000-80340 1,617.92
100 City Manag 10012201-80030 5007817 11/12/2025 LAROC ENVIRONMENTAL CONTRACT SERVICES 1,197.00 10012201-80030 1,197.00
100 City Manag 10012201-80210 20016991 11/19/2025 AT&T MOBILITY, LLC CITY MANAGER OFFICE
CELLULAR PHONES
130.68
10012201-80210 130.68
100 Public Com 10012203-80030 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
Zoom monthly services 619.74
100 Public Com 10012203-80030 20016908 11/12/2025 FISHER INTEGRATED INC WEBSTREAMING OCT25 (12-
MILE OUT)
2,300.00
10012203-80030 2,919.74
100 Public Com 10012203-80350 20016874 11/12/2025 EAGLE NEWSPAPER LLC AOH NOV25 CEREMONY AD 330.00 100 Public Com 10012203-80350 20016874 11/12/2025 EAGLE NEWSPAPER LLC AOH NOV25 CEREMONY AD 330.00 100 Public Com 10012203-80350 20016986 11/19/2025 T'S & SIGNS INC. SINGLE-USE PLASTICS
BROCHURE
330.60
10012203-80350 990.60
100 Public Com 10012203-80600 20016986 11/19/2025 T'S & SIGNS INC. AOH NOV25 ADDT'L BANNERS 168.56 10012203-80600 168.56
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 8
100 Legal Serv 10012204-80042 20016918 11/12/2025 FIRST LEGAL BUYER INC. Legal Services 230.00 10012204-80042 230.00
100 City Clerk 10013000-80030 20016874 11/12/2025 EAGLE NEWSPAPER LLC 01. LEGAL NOTICES 194.00 100 City Clerk 10013000-80030 20016874 11/12/2025 EAGLE NEWSPAPER LLC 01. LEGAL NOTICES 194.00 100 City Clerk 10013000-80030 20016874 11/12/2025 EAGLE NEWSPAPER LLC 01. LEGAL NOTICES 400.80 100 City Clerk 10013000-80030 20016874 11/12/2025 EAGLE NEWSPAPER LLC 01. LEGAL NOTICES 194.00 100 City Clerk 10013000-80030 20016874 11/12/2025 EAGLE NEWSPAPER LLC 01. LEGAL NOTICES 257.60 10013000-80030 1,240.40
100 City Clerk 10013000-80210 20016991 11/19/2025 AT&T MOBILITY, LLC CITY CLERK 45.72 10013000-80210 45.72
100 City Clerk 10013000-80340 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
04. DUES - PROFESSIONAL
ORGANIZATION
300.00
100 City Clerk 10013000-80340 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
07.CCAC NUTS AND BOLTS 250.00
100 City Clerk 10013000-80340 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
07. CCAC NEW LAW 600.00
10013000-80340 1,150.00
100 City Clerk 10013000-80650 5007799 11/12/2025 COMPLETE OFFICE LLC 06. OTHER MISC SUPPLIES 34.34 100 City Clerk 10013000-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
02. ARCHIVAL SUPPLIES 515.73
100 City Clerk 10013000-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
06. OTHER MISC SUPPLIES 6.30
100 City Clerk 10013000-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
06. OTHER MISC SUPPLIES 0.14
100 City Clerk 10013000-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
06. OTHER MISC SUPPLIES 10.99
10013000-80650 567.50
100 Finance Di 10014401-80005 5007861 11/19/2025 DAVIS FARR LLP FY25 City Audit 31,700.00 10014401-80005 31,700.00
100 Finance Di 10014401-80030 20016948 11/19/2025 HDL COREN & CONE 09 PROP TAX OCT-DEC25 4,913.28 10014401-80030 4,913.28
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 9
100 Finance Di 10014401-80210 20016991 11/19/2025 AT&T MOBILITY, LLC ADMIN CELLULAR PHONE
CELLULAR PHONES
177.28
10014401-80210 177.28
100 Finance Di 10014401-80340 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
1 Registration-Jiazhen 200.00
10014401-80340 200.00
100 Finance Di 10014401-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
Tl calculator for Finance 21.24
100 Finance Di 10014401-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
Sharp calculator for Finance 72.66
100 Finance Di 10014401-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
Desk whiteboards 116.32
100 Finance Di 10014401-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
Privacy screens 49.55
10014401-80650 259.77
100 Human Reso 10014402-80055 20016886 11/12/2025 POSTAL ANNEX+ 05. PRE-EMPLOYMENT LIVE SCAN
35.00 100 Human Reso 10014402-80055 20016903 11/12/2025 SHARP REES STEALY
MEDICAL GROUP
14. EE Exams 54.00
100 Human Reso 10014402-80055 5007825 11/12/2025 JNE POLYGRAPH LLC 00. Background Investigation 900.00 100 Human Reso 10014402-80055 20016949 11/19/2025 STATE OF CALIFORNIA Legal Services - Diehl, Christopher 100.00 100 Human Reso 10014402-80055 20016949 11/19/2025 STATE OF CALIFORNIA Legal Services - Diehl, Christopher 670.50 100 Human Reso 10014402-80055 20016911 11/12/2025 MAROA OPPORTUNITIES LLC
05. Pre-Employment Livescan 264.00
100 Human Reso 10014402-80055 20016913 11/12/2025 OCCUPATIONAL HEALTH
CENTERS
14. EE Exams 252.00
100 Human Reso 10014402-80055 20017002 11/19/2025 OCCUPATIONAL HEALTH
CENTERS
14. EE Exams 2,088.00
100 Human Reso 10014402-80055 20016916 11/12/2025 KAGGIE PSYCHOLOGY, P.C.
04 Psych Exam 1,000.00
100 Human Reso 10014402-80055 20017008 11/19/2025 KAGGIE PSYCHOLOGY, P.C.
04 Psych Exam 1,000.00
10014402-80055 6,363.50
100 Human Reso 10014402-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
Halloween - AS pumpkin carving 26.99
100 Human Reso 10014402-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
Halloween - AS pumpkin carving 54.64
100 Human Reso 10014402-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
Halloween - AS pumpkin carving 77.55
10014402-80650 159.18
100 Systems Ad 10014403-80030 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
DNS services for
coronado.lib.ca.us
105.95
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 10
100 Systems Ad 10014403-80030 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
DNS services 0.62
100 Systems Ad 10014403-80030 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
TreeSize Enterprise license 1,324.80
100 Systems Ad 10014403-80030 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
Cisco Meraki renewal 3,588.00
100 Systems Ad 10014403-80030 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
Domain reg - coronadoarts.org 176.36
100 Systems Ad 10014403-80030 20016897 11/12/2025 OSTARI INC. CoC Supplemental IT Support Services Project
591.25
100 Systems Ad 10014403-80030 5007864 11/19/2025 LANGAN ENGINEERING AND
Professional Services 08/23/25 -
09/26/25
7,721.50
100 Systems Ad 10014403-80030 5007864 11/19/2025 LANGAN ENGINEERING AND
Professional Services 09/27/25 -
10/24/25
5,832.00
100 Systems Ad 10014403-80030 20016980 11/19/2025 CHARTER
COMMUNICATIONS
HOLDINGS, LLC
Internet Circuit NOV25 420.00
100 Systems Ad 10014403-80030 20016982 11/19/2025 CHARTER
COMMUNICATIONS
HOLDINGS, LLC
Internet Services NOV25 730.00
100 Systems Ad 10014403-80030 20016983 11/19/2025 CHARTER
COMMUNICATIONS
HOLDINGS, LLC
Fiber Internet 1,129.00
100 Systems Ad 10014403-80030 5007865 11/19/2025 ASSURED DATA PROTECTION, INC.
FY26 Backup and DR Services 4,235.00
10014403-80030 25,854.48
100 Systems Ad 10014403-80131 5007845 11/19/2025 SOUTHLAND
TECHNOLOGY, INC
AV INSTALLATION 1,363.57
10014403-80131 1,363.57
100 Systems Ad 10014403-80210 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
Phone case 7.53
100 Systems Ad 10014403-80210 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
Screen protector 18.96
100 Systems Ad 10014403-80210 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
Phone cases and screen
protection
72.50 100 Systems Ad 10014403-80210 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
Screen protector 16.15
100 Systems Ad 10014403-80210 20016907 11/12/2025 CHARTER
COMMUNICATIONS
HOLDINGS, LLC
HIGH DEF PUBLIC MEETING
BROADCAST - CABLE TV
1,295.74
100 Systems Ad 10014403-80210 20016981 11/19/2025 CHARTER
COMMUNICATIONS
HOLDINGS, LLC
PEG NATIONAL FIBER 359.94
100 Systems Ad 10014403-80210 20016991 11/19/2025 AT&T MOBILITY, LLC IT CELLULAR PHONES 210.12 10014403-80210 1,980.94
100 Systems Ad 10014403-80650 5007844 11/19/2025 CDW GOVERNMENT
CENTERS, INC
FARGO YMCKOK DTC4500
RIBBON
176.18
100 Systems Ad 10014403-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
(500) proximity cards 2,420.47
100 Systems Ad 10014403-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
UPS 64.64
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 11
100 Systems Ad 10014403-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
Headset 247.81
10014403-80650 2,909.10
100 Police Adm 10021101-80030 5007835 11/19/2025 SAN DIEGO COUNTY SHERIFF'S DEPT.
5150 CONTRACT JUL - SEP 2025 919.60
100 Police Adm 10021101-80030 5007848 11/19/2025 LEXIPOL, LLC FY26 ANNUAL FEE - LE POLICY
MANUALS & TRAINING
14,940.88
100 Police Adm 10021101-80030 20016974 11/19/2025 ST. VINCENT DE PAUL VILLAGE, INC.
SHORT TERM ADD'L BED OCT
2025
280.00
10021101-80030 16,140.48
100 Police Adm 10021101-80055 20016934 11/19/2025 ST OF CA DEPT OF
JUSTICE-ACCOUNTING
LIVESCAN SEPT 2025 426.00
100 Police Adm 10021101-80055 20017026 11/19/2025 ONE-TIME VENDOR - PER DIEM
PER DIEM - BACKGROUND -
BRENNAN
194.00
100 Police Adm 10021101-80055 20016999 11/19/2025 FOCUS PSYCHOLOGICAL
SERVICE, INC
COUNSELING SVC OCT 2025 1,200.00
10021101-80055 1,820.00
100 Police Adm 10021101-80100 20016901 11/12/2025 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2025 5,151.67 10021101-80100 5,151.67
100 Police Adm 10021101-80112 20016931 11/19/2025 CAL-AM WATER (POLICE
ACCOUNT)
FIRE SPRINK NOV DEC 2025 #5 95.87
10021101-80112 95.87
100 Police Adm 10021101-80120 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
STAMPS.COM SUBSCRIPTION 30.99
10021101-80120 30.99
100 Police Adm 10021101-80130 5007842 11/19/2025 COUNTY OF SAN DIEGO, RCS
01 POL RADIO 4,148.00
10021101-80130 4,148.00
100 Police Adm 10021101-80210 20016960 11/19/2025 AT&T U-VERSE VESTA OCT - NOV #4 127.69 100 Police Adm 10021101-80210 20016964 11/19/2025 TRANSUNION RISK AND
ALTERNATIVE
INVESTIGATION OCT 2025 130.00
100 Police Adm 10021101-80210 20016984 11/19/2025 CHARTER
COMMUNICATIONS
HOLDINGS, LLC
Monthly Service 474.17
10021101-80210 731.86
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 12
100 Police Adm 10021101-80250 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
SVP GRADUATION SUPPLIES 14.57
100 Police Adm 10021101-80250 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
SVP GRADUATION SUPPLIES 122.73
10021101-80250 137.30
100 Police Adm 10021101-80300 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
POSTAGE 200.00
10021101-80300 200.00
100 Police Adm 10021101-80330 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
TUITION -REIMBR - MANSKER -470.00
100 Police Adm 10021101-80330 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
HOTEL - FTO SAC - SELLERS 629.79
100 Police Adm 10021101-80330 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
TRAINING - BAGGAGE FEES 35.00
100 Police Adm 10021101-80330 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
HOTEL - INTIME UNIV - CANTU 938.28
100 Police Adm 10021101-80330 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
TRAINING - BAGGAGE FEES 80.00
100 Police Adm 10021101-80330 20016955 11/19/2025 ENTERPRISE HOLDINGS, INC.
TRAINING CAR RENTALS -
CANTU/RELOJ
481.31
10021101-80330 1,694.38
100 Police Adm 10021101-80340 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
CITE DAY SUPPLIES - DEPOSIT 257.60
100 Police Adm 10021101-80340 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
CITE DAY REFRESHMENTS 54.35
100 Police Adm 10021101-80340 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
CITE DAY SUPPLIES 44.00
100 Police Adm 10021101-80340 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
CELEBRATE CORONADO
AWARD BANQUET
177.00
100 Police Adm 10021101-80340 20016956 11/19/2025 RAYNE DRINKING WATER NOV 2025 #5 136.50 10021101-80340 669.45
100 Police Adm 10021101-80350 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
PHOTO PRINTS 4.31
10021101-80350 4.31
100 Police Adm 10021101-80571 20016953 11/19/2025 WEX BANK FUEL OCT 2025 1,610.96 100 Police Adm 10021101-80571 20016965 11/19/2025 AMERICAN PETROLEUM
SERVICES, INC
FUEL OCT 2025 506.72
100 Police Adm 10021101-80571 5007867 11/19/2025 MANSFIELD ENERGY CORP.
01 FUEL OCT 2025 9,080.04
10021101-80571 11,197.72
100 Police Adm 10021101-80575 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
PD RECRUITMENT WEBSITE 36.00
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 13
100 Police Adm 10021101-80575 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
RECRUITMENT SUPPLIES 25.18
100 Police Adm 10021101-80575 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
RECRUITMENT SUPPLIES 23.34
100 Police Adm 10021101-80575 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
RECRUITMENT COIN 365.27
10021101-80575 449.79
100 Police Adm 10021101-80590 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
BINDERS 40.54
100 Police Adm 10021101-80590 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
OFFICE SUPPLIES 38.91
100 Police Adm 10021101-80590 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
OFFICE SUPPLES - PHONE
CASE X2
64.62 10021101-80590 144.07
100 Police Adm 10021101-80595 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
PD MEDIA ELETRONIC BOARDS 121.29
100 Police Adm 10021101-80595 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
SM PHOTO STORAGE 11.99
100 Police Adm 10021101-80595 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
CRIME PREV. SUPPLIES 113.83
10021101-80595 247.11
100 Police Adm 10021101-80650 5007837 11/19/2025 SAN DIEGO POLICE
EQUIPMENT CO INC
VEST CARRIER - B. AGUAYO 404.07
100 Police Adm 10021101-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
FRANK GREEN MEMORIAL
WREATH
338.25
100 Police Adm 10021101-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
BREAKROOM SUPPLIES 43.09
100 Police Adm 10021101-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
CLEANING SUPPLIES 40.42
100 Police Adm 10021101-80650 20016961 11/19/2025 EAGLE GRAPHICS INC. NAME PLATES 39.41 10021101-80650 865.24
100 Police Adm 10021101-90010 20016945 11/19/2025 ULINE, INC OFFICE CHAIRS -
INVESTIGATIONS
895.24
100 Police Adm 10021101-90010 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
CHAIRS X 9 - INVESTIGATIONS 1,111.40
100 Police Adm 10021101-90010 20016976 11/19/2025 NATIONAL BUSINESS
FURNITURE, LLC
CHAIRS 897.44
10021101-90010 2,904.08
100 Police Fie 10021102-80130 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
COMMAND VAN DETAIL - OPEN
HOUSE
124.79
100 Police Fie 10021102-80130 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
CARWASH 34.99
100 Police Fie 10021102-80130 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
CARWASH 34.99
100 Police Fie 10021102-80130 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
CARWASH 34.99
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 14
100 Police Fie 10021102-80130 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
CARWASH 34.99
10021102-80130 264.75
100 Police Fie 10021102-80575 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
BICYCLE MAINTENANCE 130.00
100 Police Fie 10021102-80575 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
BIKE TUNE UP 228.67
100 Police Fie 10021102-80575 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
FiST BATTLE BOARD 341.89
100 Police Fie 10021102-80575 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
FiST BATTLE BOARD 19.35
10021102-80575 719.91
100 Police Fie 10021102-80600 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
COMMUNITY EVENT SUPPLIES 1,179.78
100 Police Fie 10021102-80600 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
COMMUNITY EVENT SUPPLIES 46.41
100 Police Fie 10021102-80600 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
HALLOWEEN CANDY 333.75
100 Police Fie 10021102-80600 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
RIDE2LIVE GOOGLE
WORKSHOP
14.00 100 Police Fie 10021102-80600 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
RIDE2LIVE GOOGLE
WORKSHOP
24.01 10021102-80600 1,597.95
100 Police Fie 10021102-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
PATROL SUPPLIES 110.34
100 Police Fie 10021102-80650 5007856 11/19/2025 CWA UNIFORMS INC NEW HIRE UNIF - N. SEAMAN 944.35 10021102-80650 1,054.69
100 Fire Servi 10025501-70032 5007805 11/12/2025 ACE UNIFORMS, LLC. 01. TRAINING POLOS 53.88 100 Fire Servi 10025501-70032 5007840 11/19/2025 ACE UNIFORMS, LLC. 01. MATEY-STATION BOOTS 226.22 10025501-70032 280.10
100 Fire Servi 10025501-80030 20016884 11/12/2025 STERICYCLE, INC. 08. 9/11 SHRED SVC 101.91 100 Fire Servi 10025501-80030 5007842 11/19/2025 COUNTY OF SAN DIEGO, RCS
16 FIRE RADIO 2,074.00
100 Fire Servi 10025501-80030 20016888 11/12/2025 WITTMAN ENTERPRISES, LLC
13. 10/25 AMBULANCE 2,369.00
100 Fire Servi 10025501-80030 5007818 11/12/2025 KRONOS SAASHR INC 11. 9/25 TS IVR 82.98 100 Fire Servi 10025501-80030 20016990 11/19/2025 AT&T MOBILITY, LLC 09. 10/25 DISPATCH PHONES 1,515.26 100 Fire Servi 10025501-80030 20017000 11/19/2025 FOCUS PSYCHOLOGICAL
SERVICE, INC
15. 9/25 CRISIS COUNSLING 500.00
10025501-80030 6,643.15
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 15
100 Fire Servi 10025501-80100 20016901 11/12/2025 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2025 736.74 10025501-80100 736.74
100 Fire Servi 10025501-80110 20016880 11/12/2025 SDG&E-(FIRE SRV
ACCOUNT)
01. 10/25 CAYS ELEC 2,028.02
100 Fire Servi 10025501-80110 20016940 11/19/2025 SDG&E-(FIRE SRV
ACCOUNT)
01. 10/25 M602 ELEC 42.06
10025501-80110 2,070.08
100 Fire Servi 10025501-80111 20016880 11/12/2025 SDG&E-(FIRE SRV
ACCOUNT)
01. 10/25 CAYS GAS 115.31
10025501-80111 115.31
100 Fire Servi 10025501-80112 20016872 11/12/2025 CAL-AM WATER (FIRE
ACCOUNT)
01. 10/25 CAYS H2O 995.65
100 Fire Servi 10025501-80112 20016933 11/19/2025 CAL-AM WATER (FIRE
ACCOUNT)
01. 10/25 HQ H2O 485.19
10025501-80112 1,480.84
100 Fire Servi 10025501-80280 20016866 11/12/2025 VESTIS GROUP, INC. 01. 36 1105 TOWEL MAT 94.62 100 Fire Servi 10025501-80280 20016866 11/12/2025 VESTIS GROUP, INC. 01. 37 1105 TOWEL MAT 71.50 100 Fire Servi 10025501-80280 20016866 11/12/2025 VESTIS GROUP, INC. 01. 37 1029 TOWEL MAT 71.50 100 Fire Servi 10025501-80280 20016928 11/19/2025 VESTIS GROUP, INC. 01. 36 1112 TOWEL MAT 94.62 100 Fire Servi 10025501-80280 20016928 11/19/2025 VESTIS GROUP, INC. 01. 37 1112 TOWEL MAT 71.50 10025501-80280 403.74
100 Fire Servi 10025501-80340 20016927 11/19/2025 PETTY CASH - FIRE
SERVICES
08.A-SHIFT CREW BRIEF
REFRESHMNTS-AN
34.03 100 Fire Servi 10025501-80340 20016927 11/19/2025 PETTY CASH - FIRE
SERVICES
08.B-SHIFT CREW BRIEF
REFRESHMNTS-RC
26.68 100 Fire Servi 10025501-80340 20016927 11/19/2025 PETTY CASH - FIRE
SERVICES
15.TOLL-RETURN FROM STRIKE
TEAM-RP
18.75 100 Fire Servi 10025501-80340 20016927 11/19/2025 PETTY CASH - FIRE
SERVICES
08.RECRUITMENT
REFRESHMNTS-TP
22.00 100 Fire Servi 10025501-80340 20016927 11/19/2025 PETTY CASH - FIRE
SERVICES
14.RTX TRIP UBER-JT 32.30
100 Fire Servi 10025501-80340 20016927 11/19/2025 PETTY CASH - FIRE
SERVICES
06.DEPT TRNG REFRESHMNTSRC16.86
100 Fire Servi 10025501-80340 20016927 11/19/2025 PETTY CASH - FIRE
SERVICES
06.DEPT TRNG REFRESHMNTSRO18.39
100 Fire Servi 10025501-80340 5007862 11/19/2025 AMAZON CAPITAL
SERVICES INC
06. TRAINING SUPPLIES 264.62
100 Fire Servi 10025501-80340 20016977 11/19/2025 JESSE QUINALTY 06. STRAT/TACTICTS 5,062.40
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 16
100 Fire Servi 10025501-80340 20017006 11/19/2025 ADAM SHAYE LASSITER 05. EMS QA/QI 2,325.00 10025501-80340 7,821.03
100 Fire Servi 10025501-80571 5007867 11/19/2025 MANSFIELD ENERGY CORP.
01 FUEL OCT 2025 3,477.53
10025501-80571 3,477.53
100 Fire Servi 10025501-80576 20016873 11/12/2025 CORONADO HARDWARE 01. FOLDING LADDER 91.58 10025501-80576 91.58
100 Fire Servi 10025501-80610 5007808 11/12/2025 WESTAIR GASES &
EQUIPMENT
02. O2 RNTL 196.34
100 Fire Servi 10025501-80610 5007824 11/12/2025 TELEFLEX LLC 01. EMS SUPPLIES 1,066.73 10025501-80610 1,263.07
100 Fire Servi 10025501-80650 20016873 11/12/2025 CORONADO HARDWARE 01. OFFICE SUPPLIES 6.99 100 Fire Servi 10025501-80650 20016879 11/12/2025 STAPLES, INC. 01. OFFICE SUPPLIES 122.81 10025501-80650 129.80
100 Fire/Beach 10025503-70032 5007805 11/12/2025 ACE UNIFORMS, LLC. 01. LG UNIF 273.66 100 Fire/Beach 10025503-70032 5007823 11/12/2025 AMAZON CAPITAL
SERVICES INC
01. UNIF PATCHES 68.80
100 Fire/Beach 10025503-70032 20017005 11/19/2025 JOLYN CLOTHING
COMPANY, LLC
01. LG UNIF 208.81
10025503-70032 551.27
100 Fire/Beach 10025503-80100 20016901 11/12/2025 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2025 1,443.32 10025503-80100 1,443.32
100 Fire/Beach 10025503-80130 5007842 11/19/2025 COUNTY OF SAN DIEGO, RCS
03 LG RADIO 671.00
100 Fire/Beach 10025503-80130 20016989 11/19/2025 SAN DIEGO MOTORSPORTS, INC.
01. PWC SVC 1,034.13
100 Fire/Beach 10025503-80130 20016998 11/19/2025 EXPLORER MARINE
SERVICES, LLC
01. RWC SVC 1,615.96
100 Fire/Beach 10025503-80130 20017001 11/19/2025 JAIME RAMIREZ 01. 10/25 RADON CLEANING 60.00 10025503-80130 3,381.09
100 Fire/Beach 10025503-80280 20016866 11/12/2025 VESTIS GROUP, INC. 02. LG 1105 TOWEL MAT 66.48 100 Fire/Beach 10025503-80280 20016928 11/19/2025 VESTIS GROUP, INC. 02. LG 1112 TOWEL MAT 66.48
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 17
10025503-80280 132.96
100 Fire/Beach 10025503-80340 20016927 11/19/2025 PETTY CASH - FIRE
SERVICES
05.EVOC TRNG-MUEHRING 48.00
10025503-80340 48.00
100 Fire/Beach 10025503-80571 5007867 11/19/2025 MANSFIELD ENERGY CORP.
01 FUEL OCT 2025 2,426.86
10025503-80571 2,426.86
100 Fire/Beach 10025503-80575 5007823 11/12/2025 AMAZON CAPITAL
SERVICES INC
01. TRAILER LIGHTS 108.78
100 Fire/Beach 10025503-80575 5007823 11/12/2025 AMAZON CAPITAL
SERVICES INC
01. VEHICLE SUPPLIES 43.08
10025503-80575 151.86
100 Fire/Beach 10025503-80595 5007823 11/12/2025 AMAZON CAPITAL
SERVICES INC
01. CONDITION FLAGS 68.92
10025503-80595 68.92
100 Fire/Beach 10025503-90030 5007823 11/12/2025 AMAZON CAPITAL
SERVICES INC
02. OFFICE SUPPLIES 357.95
10025503-90030 357.95
100 PS Admin 10030001-80030 20016893 11/12/2025 ROBERT HALF
INTERNATIONAL INC
01 MUNIS SUPPORT TEMP
SVCS
434.21
100 PS Admin 10030001-80030 20016951 11/19/2025 ROBERT HALF
INTERNATIONAL INC
MUNIS SUPPORT 385.96
10030001-80030 820.17
100 PS Admin 10030001-80100 20016901 11/12/2025 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2025 246.75 10030001-80100 246.75
100 PS Admin 10030001-80130 5007842 11/19/2025 COUNTY OF SAN DIEGO, RCS
PUB SVS RADIO 30.50
100 PS Admin 10030001-80130 20016978 11/19/2025 AMAZON.COM SALES, INC 01 RETURN -15.07 10030001-80130 15.43
100 PS Admin 10030001-80210 5007816 11/12/2025 SATCOM GLOBAL, INC 01 SIM OCT 2025 57.21 10030001-80210 57.21
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 18
100 PS Admin 10030001-80571 5007867 11/19/2025 MANSFIELD ENERGY CORP.
01 FUEL OCT 2025 73.91
10030001-80571 73.91
100 PS Admin 10030001-80600 20016992 11/19/2025 MCCARTY EVENT
LIGHTING CORPORATION
HOLIDAY TREE ROTARY PARK
INSTALL LIGHTING SERVICES
26,875.00
10030001-80600 26,875.00
100 PS Admin 10030001-80650 20016938 11/19/2025 EAGLE NEWSPAPER LLC 04 PUBLIC NOTICE 42.40 100 PS Admin 10030001-80650 20016978 11/19/2025 AMAZON.COM SALES, INC 01 PHONE CASE 26.88 100 PS Admin 10030001-80650 20016978 11/19/2025 AMAZON.COM SALES, INC 01 CHARGING BLOCK 9.69 100 PS Admin 10030001-80650 20016996 11/19/2025 COMPASS GROUP USA, INC.
01 COFFEE SUPPLIES 189.81
10030001-80650 268.78
100 Streets Di 10030002-80030 20016904 11/12/2025 SOLID PROPERTY
SERVICES INC
01 PWR WSH NOV 25 11,012.64
100 Streets Di 10030002-80030 20016904 11/12/2025 SOLID PROPERTY
SERVICES INC
01 MTS PWR WSH NOV 25 2,949.70
100 Streets Di 10030002-80030 20016994 11/19/2025 RYAN CAPDEVILLE 11 SIDWALK TRIP HAZARD
REMOVAL ORANGE & CAYS
70,400.00
10030002-80030 84,362.34
100 Streets Di 10030002-80100 20016901 11/12/2025 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2025 434.10 10030002-80100 434.10
100 Streets Di 10030002-80110 20016882 11/12/2025 SDG&E-(PUBLIC
SERVICES ACCT)
01 1695 STRAND WAY 29.22
100 Streets Di 10030002-80110 20016941 11/19/2025 SDG&E-(PUBLIC
SERVICES ACCT)
01 LS1B STLTS D 84.12
100 Streets Di 10030002-80110 20016941 11/19/2025 SDG&E-(PUBLIC
SERVICES ACCT)
01 LS2B D 8,049.25
10030002-80110 8,162.59
100 Streets Di 10030002-80130 5007842 11/19/2025 COUNTY OF SAN DIEGO, RCS
PUB SVS RADIO 30.50
10030002-80130 30.50
100 Streets Di 10030002-80135 5007838 11/19/2025 UNDERGROUND SERVICE
ALERT OF
03 DIG ALERT 42.41
100 Streets Di 10030002-80135 5007838 11/19/2025 UNDERGROUND SERVICE
ALERT OF
03 DIG ALERT 184.00
10030002-80135 226.41
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 19
100 Streets Di 10030002-80571 5007867 11/19/2025 MANSFIELD ENERGY CORP.
01 FUEL OCT 2025 1,711.89
10030002-80571 1,711.89
100 Streets Di 10030002-80650 20016936 11/19/2025 CORONADO HARDWARE 04 EAGLE COVER AND
POTTING SOIL
160.38
100 Streets Di 10030002-80650 20016936 11/19/2025 CORONADO HARDWARE 04 EAGLE COVER RETURNS -41.06 100 Streets Di 10030002-80650 20016936 11/19/2025 CORONADO HARDWARE 04 BOLTS FOR POLE SIGNS 9.15 100 Streets Di 10030002-80650 20016952 11/19/2025 DISCOUNT SPECIALTY
CHEMICALS
04 ASPHALT & CONCRETE
SUPPLIES/MATERIALS
888.92
100 Streets Di 10030002-80650 20016978 11/19/2025 AMAZON.COM SALES, INC 03 SAFETY GEAR 934.62 10030002-80650 1,952.01
100 Parks Divi 10030003-80030 5007831 11/19/2025 M B OLIVER, INC 02 PEST CONTROL BAY VIEW PARK
75.00 100 Parks Divi 10030003-80030 5007831 11/19/2025 M B OLIVER, INC 02 PEST CONTROL CAYS PARK 75.00 100 Parks Divi 10030003-80030 5007831 11/19/2025 M B OLIVER, INC 02 PEST CONTROL SUNSET PARK
65.00 100 Parks Divi 10030003-80030 5007804 11/12/2025 WEST COAST ARBORISTS, INC.
03 TREE MAINT 10/1-10/15/25 32,591.55
100 Parks Divi 10030003-80030 5007804 11/12/2025 WEST COAST ARBORISTS, INC.
03 TREE WORK 1028 A AVE
MAG TREES HEALTH CARE
750.00
100 Parks Divi 10030003-80030 5007804 11/12/2025 WEST COAST ARBORISTS, INC.
03 TREE WORK SITE VIST 1007
F AVE
1,449.00
100 Parks Divi 10030003-80030 20016969 11/19/2025 ANDRE LANDSCAPE
SERVICE
01 LANDSCAPE MAINT NOV
2025
74,350.00
10030003-80030 109,355.55
100 Parks Divi 10030003-80100 20016901 11/12/2025 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2025 5,076.04 10030003-80100 5,076.04
100 Parks Divi 10030003-80112 20016870 11/12/2025 CAL-AM WATER (PUBLIC
SERVICES ACCT)
01 670 POMONA AVE PARK 1,637.73
100 Parks Divi 10030003-80112 20016870 11/12/2025 CAL-AM WATER (PUBLIC
SERVICES ACCT)
01 24 CORONADO CAYS BLVD
IRRG
985.48
100 Parks Divi 10030003-80112 20016870 11/12/2025 CAL-AM WATER (PUBLIC
SERVICES ACCT)
01 1024 SIXTH ST 472.14
100 Parks Divi 10030003-80112 20016870 11/12/2025 CAL-AM WATER (PUBLIC
SERVICES ACCT)
01 34 1/2 HALF MOON BND 323.30
100 Parks Divi 10030003-80112 20016870 11/12/2025 CAL-AM WATER (PUBLIC
SERVICES ACCT)
01 1115 SEVENTH ST 2,764.30
100 Parks Divi 10030003-80112 20016870 11/12/2025 CAL-AM WATER (PUBLIC
SERVICES ACCT)
01 32 CORONADO CAYS BLVD 1,711.69
100 Parks Divi 10030003-80112 20016870 11/12/2025 CAL-AM WATER (PUBLIC
SERVICES ACCT)
01 502 1/2 GRAND CARIBE
CSWY IRRG
313.41
100 Parks Divi 10030003-80112 20016870 11/12/2025 CAL-AM WATER (PUBLIC
SERVICES ACCT)
01 102 KINGSTON CT IRRG 84.51
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
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AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 20
100 Parks Divi 10030003-80112 20016870 11/12/2025 CAL-AM WATER (PUBLIC
SERVICES ACCT)
01 426 ALAMEDA BLVD 110.71
100 Parks Divi 10030003-80112 20016870 11/12/2025 CAL-AM WATER (PUBLIC
SERVICES ACCT)
01 31 CORONADO CAYS BLVD
IRRG
979.60
100 Parks Divi 10030003-80112 20016870 11/12/2025 CAL-AM WATER (PUBLIC
SERVICES ACCT)
01 99 GRAND CARIBE CSWY 5,079.20
100 Parks Divi 10030003-80112 20016870 11/12/2025 CAL-AM WATER (PUBLIC
SERVICES ACCT)
01 646 POMONA AVE 341.84
100 Parks Divi 10030003-80112 20016870 11/12/2025 CAL-AM WATER (PUBLIC
SERVICES ACCT)
01 1015 SEVENTH ST 375.73
100 Parks Divi 10030003-80112 20016870 11/12/2025 CAL-AM WATER (PUBLIC
SERVICES ACCT)
01 26 CORONADO CAYS BLVD 495.50
100 Parks Divi 10030003-80112 20016870 11/12/2025 CAL-AM WATER (PUBLIC
SERVICES ACCT)
01 650 ORANGE AVE IRRG 1,438.48
100 Parks Divi 10030003-80112 20016870 11/12/2025 CAL-AM WATER (PUBLIC
SERVICES ACCT)
01 102 GRAND CARIBE CSWY
IRRG
1,815.60
100 Parks Divi 10030003-80112 20016870 11/12/2025 CAL-AM WATER (PUBLIC
SERVICES ACCT)
01 411 1/2 FIRST ST IRRG 211.81
100 Parks Divi 10030003-80112 20016870 11/12/2025 CAL-AM WATER (PUBLIC
SERVICES ACCT)
01 730 ORANGE AVE 1,016.67
100 Parks Divi 10030003-80112 20016870 11/12/2025 CAL-AM WATER (PUBLIC
SERVICES ACCT)
01 125 ALAMEDA BLVD IRRG 94.24
100 Parks Divi 10030003-80112 20016870 11/12/2025 CAL-AM WATER (PUBLIC
SERVICES ACCT)
01 1017 SEVENTH ST 1,277.96
10030003-80112 21,529.90
100 Parks Divi 10030003-80120 5007826 11/12/2025 FORD MOTOR COMPANY 02 TRUCK LEASE NOV 2025 824.16 10030003-80120 824.16
100 Parks Divi 10030003-80130 5007842 11/19/2025 COUNTY OF SAN DIEGO, RCS
PUB SVS RADIO 30.50
10030003-80130 30.50
100 Parks Divi 10030003-80131 20016978 11/19/2025 AMAZON.COM SALES, INC 00 OFFICE MONITOR 1,140.16 10030003-80131 1,140.16
100 Parks Divi 10030003-80135 20016902 11/12/2025 SITEONE LANDSCAPE
SUPPLY HOLDING
01 CAYS DOG PARK IRRG 69.24
100 Parks Divi 10030003-80135 20016902 11/12/2025 SITEONE LANDSCAPE
SUPPLY HOLDING
01 CAYS PARKING LOT IRRG 41.25
100 Parks Divi 10030003-80135 20016902 11/12/2025 SITEONE LANDSCAPE
SUPPLY HOLDING
01 CAY MEDIANS IRRG 37.58
10030003-80135 148.07
100 Parks Divi 10030003-80340 20017019 11/19/2025 ONE-TIME VENDOR - EE REIMB
01 PARKING FEES 10/28-
10/31/2025
99.00 100 Parks Divi 10030003-80340 20017022 11/19/2025 ONE-TIME VENDOR - EE REIMB
01 HOTEL, PER DIEM AND
PARKING
847.13
100 Parks Divi 10030003-80340 20017020 11/19/2025 ONE-TIME VENDOR - EE REIMB
01 HOTEL, PARKING, PER DIEM
MEALS
928.96
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 21
10030003-80340 1,875.09
100 Parks Divi 10030003-80571 20017022 11/19/2025 ONE-TIME VENDOR - EE REIMB
01 GAS 122.48
100 Parks Divi 10030003-80571 20017020 11/19/2025 ONE-TIME VENDOR - EE REIMB
01 GAS 80.35
100 Parks Divi 10030003-80571 5007867 11/19/2025 MANSFIELD ENERGY CORP.
01 FUEL OCT 2025 2,072.16
10030003-80571 2,274.99
100 Parks Divi 10030003-80575 20016954 11/19/2025 TERRA BELLA NURSERY, INC
00 MULCH CAYS PARKING LOT 484.77
100 Parks Divi 10030003-80575 20016985 11/19/2025 SOUTHWEST BOULDER & STONE, INC.
00 CAYS DECOMPOSED
GRANITE
232.80
10030003-80575 717.57
100 Parks Divi 10030003-80650 20016936 11/19/2025 CORONADO HARDWARE 04 ADEHESIVE, CAULK, KNIFE 82.32 100 Parks Divi 10030003-80650 5007854 11/19/2025 BOOT WORLD INC./KM SHOES
02 BOOTS A.TORALES 237.55
100 Parks Divi 10030003-80650 20017019 11/19/2025 ONE-TIME VENDOR - EE REIMB
02 BOOTS A.ADAMS 250.00
10030003-80650 569.87
100 Fleet Divi 10030004-80030 20016876 11/12/2025 JERAULDS CAR CARE 03 UNIT #2-827 ENGINE 9,964.49 100 Fleet Divi 10030004-80030 5007834 11/19/2025 PARKHOUSE TIRE, INC. 02 UNIT #5371 TIRE CHANGE 368.49 100 Fleet Divi 10030004-80030 20016892 11/12/2025 PERRY OF NATIONAL CITY
03 UNIT #2-829 ALIGNMENT 159.99
100 Fleet Divi 10030004-80030 20016950 11/19/2025 PERRY OF NATIONAL CITY
03 UNIT #2-784 TRANSMISSION
REPAIR
3,199.16
100 Fleet Divi 10030004-80030 5007853 11/19/2025 NORTH COUNTY EVS, INC 02 UNIT #5341 REPAIRS 4,988.46 100 Fleet Divi 10030004-80030 5007853 11/19/2025 NORTH COUNTY EVS, INC 02 UNIT #5341 3CR
DIAGNOSTICS REPLACED
9,920.79
100 Fleet Divi 10030004-80030 20016979 11/19/2025 BOB STALL CHEVROLET 03 UNIT #2-785 DIAGNOSTIC &
REPAIRS
1,163.69
100 Fleet Divi 10030004-80030 20016979 11/19/2025 BOB STALL CHEVROLET 01 DIAGNOSTICS & REPAIR UNIT 14-729
939.04
100 Fleet Divi 10030004-80030 20016979 11/19/2025 BOB STALL CHEVROLET 09 DIAGNOSTICS UNIT 7-684 456.08 100 Fleet Divi 10030004-80030 20016959 11/19/2025 CARLOS MELENDREZ 01 DOORS PAINTED BLACK UNIT 8-515
700.00
100 Fleet Divi 10030004-80030 20016912 11/12/2025 VERIZON COMMUNICATIONS INC.
11 GPS OCT 2025 732.90
10030004-80030 32,593.09
100 Fleet Divi 10030004-80100 20016901 11/12/2025 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2025 171.76 10030004-80100 171.76
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 22
100 Fleet Divi 10030004-80130 20016867 11/12/2025 CUMMING CHEVROLET 02 REC CENTER BIOLER
TROUBLESHOOT
172.45
100 Fleet Divi 10030004-80130 20016929 11/19/2025 CUMMING CHEVROLET 02 WASHER PUMP UNIT 2-785 51.85 100 Fleet Divi 10030004-80130 20016936 11/19/2025 CORONADO HARDWARE 06 SPRAY BOTTLE, CLEANERS, SOAP
27.98 100 Fleet Divi 10030004-80130 5007803 11/12/2025 POWERSTRIDE BATTERY CO.,INC.
02 UNIT #2-785 BATTERY 323.28
100 Fleet Divi 10030004-80130 5007842 11/19/2025 COUNTY OF SAN DIEGO, RCS
PUB SVS RADIO 30.50
100 Fleet Divi 10030004-80130 20016892 11/12/2025 PERRY OF NATIONAL CITY
02 HEATER HOSES UNIT 2-838 107.66
100 Fleet Divi 10030004-80130 20016892 11/12/2025 PERRY OF NATIONAL CITY
06 ANTIFREEZE 93.89
100 Fleet Divi 10030004-80130 20016892 11/12/2025 PERRY OF NATIONAL CITY
06 STATER & CORE CHANGE 326.36
100 Fleet Divi 10030004-80130 20016892 11/12/2025 PERRY OF NATIONAL CITY
06 SEAL, SILICONE, TRANSOIL 78.38
100 Fleet Divi 10030004-80130 20016892 11/12/2025 PERRY OF NATIONAL CITY
02 UNIT #2-784 ANTIFREEZE 35.18
100 Fleet Divi 10030004-80130 20016892 11/12/2025 PERRY OF NATIONAL CITY
06 WATER CONNECTOR 69.33
100 Fleet Divi 10030004-80130 20016892 11/12/2025 PERRY OF NATIONAL CITY
06 RING SEAL, SPARK PLUGS 87.77
100 Fleet Divi 10030004-80130 20016950 11/19/2025 PERRY OF NATIONAL CITY
06 UNIT #4-22 BLOWER
HARNESS
48.64 100 Fleet Divi 10030004-80130 20016950 11/19/2025 PERRY OF NATIONAL CITY
02 UNIT #2-7 VALVE, DRAIN
PLUGS
74.25 100 Fleet Divi 10030004-80130 20016950 11/19/2025 PERRY OF NATIONAL CITY
02 UNIT #2-784 WASHER
SPRAYER
50.00 100 Fleet Divi 10030004-80130 5007853 11/19/2025 NORTH COUNTY EVS, INC 20 UNIT #5371 HYDRO/TRANS OILS
162.56
100 Fleet Divi 10030004-80130 20016898 11/12/2025 O'REILLY AUTO PARTS 06 BATTERY STOCK 240.15 100 Fleet Divi 10030004-80130 20016898 11/12/2025 O'REILLY AUTO PARTS 06 DEF 86.15 100 Fleet Divi 10030004-80130 20016962 11/19/2025 O'REILLY AUTO PARTS 02 UNIT #2-784 6.55 100 Fleet Divi 10030004-80130 20016962 11/19/2025 O'REILLY AUTO PARTS 06 TRAILER ADAPTERS 74.15 100 Fleet Divi 10030004-80130 20016905 11/12/2025 TIREHUB, LLC 02 UNIT #2-864 TIRE 113.81 10030004-80130 2,260.89
100 Fleet Divi 10030004-80340 20017007 11/19/2025 WADE RODRICK
MITCHELL, JR
02 CDL TRAINING 794.00
100 Fleet Divi 10030004-80340 20017007 11/19/2025 WADE RODRICK
MITCHELL, JR
02 CDL TRAINING 1,191.00
10030004-80340 1,985.00
100 Fleet Divi 10030004-80570 20016898 11/12/2025 O'REILLY AUTO PARTS 02 ANITFREEZE, FILTERS, OIL
AND GLOVES
474.63
100 Fleet Divi 10030004-80570 20016962 11/19/2025 O'REILLY AUTO PARTS 02 CLEANERS, FILTERS, OILS.
GLOVES
277.68
10030004-80570 752.31
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 23
100 Fleet Divi 10030004-80571 5007867 11/19/2025 MANSFIELD ENERGY CORP.
01 FUEL OCT 2025 291.98
10030004-80571 291.98
100 Facilities 10030005-80030 20016878 11/12/2025 LLOYD PEST CONTROL CO,INC
06 PEST CONTROL 77.00
100 Facilities 10030005-80030 20016944 11/19/2025 VERDUGO TESTING CO., INC
12 CAYS FIRE FUEL TANK
REPAIRS
641.71
100 Facilities 10030005-80030 20016894 11/12/2025 ALLEGION ACCESS
TECHNOLOGIES LLC
14 REC CNTR DOOR
TROUBLESHOOT REPAIR
1,956.83
100 Facilities 10030005-80030 5007821 11/12/2025 DR ELECTRIC 15 MARINA LABOR 80% FINAL 25-POTC-FAC-1006-5
8,164.80
100 Facilities 10030005-80030 5007858 11/19/2025 MERJAN ENTERPRISES INC
11 PM SVC NOV 25 5,899.73
100 Facilities 10030005-80030 5007827 11/12/2025 MESA ENERGY SYSTEMS, INC.
02 CONDENSER PAN
REPLACEMENT GOLF
619.00
100 Facilities 10030005-80030 5007827 11/12/2025 MESA ENERGY SYSTEMS, INC.
02 REC CENTER BIOLER
TROUBLESHOOT
964.00
100 Facilities 10030005-80030 5007827 11/12/2025 MESA ENERGY SYSTEMS, INC.
02 REC CENTER BIOLER
TROUBLESHOOT
1,799.28
100 Facilities 10030005-80030 5007829 11/12/2025 SHORELINE CPM INC. PROJ MANAGEMENT SVCS; 25- SHO-002; OCT 2025
170.00
10030005-80030 20,292.35
100 Facilities 10030005-80100 20016901 11/12/2025 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2025 259.07 10030005-80100 259.07
100 Facilities 10030005-80110 20016941 11/19/2025 SDG&E-(PUBLIC
SERVICES ACCT)
01 400 ALAMEDA BLVD MP 9.28
10030005-80110 9.28
100 Facilities 10030005-80130 5007842 11/19/2025 COUNTY OF SAN DIEGO, RCS
PUB SVS RADIO 30.50
10030005-80130 30.50
100 Facilities 10030005-80132 20016936 11/19/2025 CORONADO HARDWARE 01 HOSE 36.62 100 Facilities 10030005-80132 20016936 11/19/2025 CORONADO HARDWARE 01 NUTS & BOLTS 8.79 100 Facilities 10030005-80132 20016936 11/19/2025 CORONADO HARDWARE 01 4X12 SATIN TBE 23.69 100 Facilities 10030005-80132 20016936 11/19/2025 CORONADO HARDWARE 01 CONCRETE POUCH, GROUT SPONGE
40.91 100 Facilities 10030005-80132 20016936 11/19/2025 CORONADO HARDWARE 01 PAINT SUPPLIES 20.98 100 Facilities 10030005-80132 20016936 11/19/2025 CORONADO HARDWARE 01 NUTS & BOLTS 42.39 100 Facilities 10030005-80132 20016936 11/19/2025 CORONADO HARDWARE 01 SANDING DISCS 17.22
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 24
100 Facilities 10030005-80132 20016936 11/19/2025 CORONADO HARDWARE 01 DRAIN OPENER 5.92 100 Facilities 10030005-80132 20016936 11/19/2025 CORONADO HARDWARE 01 PEN, GLOVES 17.76 100 Facilities 10030005-80132 20016936 11/19/2025 CORONADO HARDWARE 01 WIRE BRUSH,
RESPIRATORS, SANDING DISC
31.75 100 Facilities 10030005-80132 20016936 11/19/2025 CORONADO HARDWARE 01 INSIDE TUBE BRUSHES 17.22 100 Facilities 10030005-80132 20016936 11/19/2025 CORONADO HARDWARE 01 TOOLS 21.54 100 Facilities 10030005-80132 20016936 11/19/2025 CORONADO HARDWARE 01 LED BULBS 43.08 100 Facilities 10030005-80132 20016936 11/19/2025 CORONADO HARDWARE 01 MOUNTING TAPE 11.84 100 Facilities 10030005-80132 5007806 11/12/2025 W.W. GRAINGER, INC 01 TOOLS 152.42 100 Facilities 10030005-80132 5007806 11/12/2025 W.W. GRAINGER, INC 01 PLUMBING RESTOCK 500.55 100 Facilities 10030005-80132 5007806 11/12/2025 W.W. GRAINGER, INC 01 PLUMBING RESTOCK 154.08 100 Facilities 10030005-80132 5007806 11/12/2025 W.W. GRAINGER, INC 01 TOOL SUPPLIES 135.34 100 Facilities 10030005-80132 5007807 11/12/2025 W.W. GRAINGER, INC 01 LIBRARY DOOR BELL
REPLACEMENT
42.31 100 Facilities 10030005-80132 5007806 11/12/2025 W.W. GRAINGER, INC 01 PLUMBING RESTOCK 183.60 100 Facilities 10030005-80132 5007806 11/12/2025 W.W. GRAINGER, INC 01 TOOLS 544.34 100 Facilities 10030005-80132 20017003 11/19/2025 PLAYCORE WISCONSIN, INC
PLAYGROUND SWING
EQUIPMENT
3,930.45
10030005-80132 5,982.80
100 Facilities 10030005-80571 5007867 11/19/2025 MANSFIELD ENERGY CORP.
01 FUEL OCT 2025 747.89
10030005-80571 747.89
100 Beach Divi 10030006-80030 5007820 11/12/2025 BIG BAY MARINE SERVICES, INC.
02 DEMO AND DISPOSAL 40FT
DERELICT VESSEL
6,326.25
10030006-80030 6,326.25
100 Beach Divi 10030006-80100 20016901 11/12/2025 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2025 3,220.59 10030006-80100 3,220.59
100 Beach Divi 10030006-80130 5007842 11/19/2025 COUNTY OF SAN DIEGO, RCS
PUB SVS RADIO 30.50
10030006-80130 30.50
100 Beach Divi 10030006-80571 20016898 11/12/2025 O'REILLY AUTO PARTS 01 PARTS CLEANER FOR EQUIP 90.25 100 Beach Divi 10030006-80571 5007867 11/19/2025 MANSFIELD ENERGY CORP.
01 FUEL OCT 2025 3,279.45
10030006-80571 3,369.70
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 25
100 Beach Divi 10030006-80575 20016936 11/19/2025 CORONADO HARDWARE 01 CONCRETE REFILL FOR
CONCRETE TABLES
48.46 100 Beach Divi 10030006-80575 20016936 11/19/2025 CORONADO HARDWARE 01 GLASS CLEANER FOR
EQUIOMENT
43.06 10030006-80575 91.52
100 Beach Divi 10030006-80580 5007841 11/19/2025 W.W. GRAINGER, INC 01 SMALL TOOLS 85.58 100 Beach Divi 10030006-80580 5007841 11/19/2025 W.W. GRAINGER, INC 01 SMALL TOOL BATTERIES 578.41 10030006-80580 663.99
100 Beach Divi 10030006-80650 5007841 11/19/2025 W.W. GRAINGER, INC 01 RESTROOM SUPPLIES 98.84 100 Beach Divi 10030006-80650 20016978 11/19/2025 AMAZON.COM SALES, INC 02 SAFETY JACKETS 160.74 100 Beach Divi 10030006-80650 20016978 11/19/2025 AMAZON.COM SALES, INC 02 UNIFORM PANTS 193.92 10030006-80650 453.50
100 Engineerin 10030007-80571 5007867 11/19/2025 MANSFIELD ENERGY CORP.
01 FUEL OCT 2025 116.61
10030007-80571 116.61
100 Library De 10050000-80030 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
07 OPEN IA 296.71
100 Library De 10050000-80030 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
07 OPEN IA 209.83
10050000-80030 506.54
100 Library De 10050000-80056 20016914 11/12/2025 RALPH COVERT
ACTIVITIES, LLC
01 MUSICAL STORYTIME -
11/25/25
450.00
100 Library De 10050000-80056 20016917 11/12/2025 LIBBY DEGREGORIO PLAY FAIRY CREATIVE 11/24/25 300.00 10050000-80056 750.00
100 Library De 10050000-80100 20016901 11/12/2025 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2025 7,488.51 10050000-80100 7,488.51
100 Library De 10050000-80112 20016871 11/12/2025 CAL-AM WATER (LIBRARY ACCT.)
01 WATER 9/25-10/23 287.98
10050000-80112 287.98
100 Library De 10050000-80510 20016868 11/12/2025 BAKER & TAYLOR,INC. 02 GEN BOOKS 54.53 100 Library De 10050000-80510 20016868 11/12/2025 BAKER & TAYLOR,INC. 03 JUV BOOKS 84.70 100 Library De 10050000-80510 20016868 11/12/2025 BAKER & TAYLOR,INC. 03 JUV BOOKS 236.41
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 26
100 Library De 10050000-80510 20016875 11/12/2025 INGRAM LIBRARY
SERVICES
02 GEN BOOKS 91.71
100 Library De 10050000-80510 20016875 11/12/2025 INGRAM LIBRARY
SERVICES
03 JUV BOOKS 19.23
100 Library De 10050000-80510 20016875 11/12/2025 INGRAM LIBRARY
SERVICES
02 GEN BOOKS 54.31
100 Library De 10050000-80510 20016875 11/12/2025 INGRAM LIBRARY
SERVICES
03 JUV BOOKS 80.02
100 Library De 10050000-80510 20016875 11/12/2025 INGRAM LIBRARY
SERVICES
02 GEN BOOKS 28.38
100 Library De 10050000-80510 20016875 11/12/2025 INGRAM LIBRARY
SERVICES
03 JUV BOOKS 19.33
100 Library De 10050000-80510 5007802 11/12/2025 OCLC, INC (SERVICES) 07 E-COLLECTION 1,598.99 100 Library De 10050000-80510 5007802 11/12/2025 OCLC, INC (SERVICES) 07 E-COLLECTION 4,949.42 100 Library De 10050000-80510 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
01 REF NFPA BOOK 191.26
100 Library De 10050000-80510 5007812 11/12/2025 MIDWEST TAPE 08 DVD'S 201.04 100 Library De 10050000-80510 5007812 11/12/2025 MIDWEST TAPE 06 AUDIOBOOKS 531.19 100 Library De 10050000-80510 5007812 11/12/2025 MIDWEST TAPE 06 CD'S 22.61 100 Library De 10050000-80510 5007819 11/12/2025 CENGAGE LEARNING, INC.
02 GEN BOOKS 60.59
100 Library De 10050000-80510 5007823 11/12/2025 AMAZON CAPITAL
SERVICES INC
03 JUV BOOKS 10.49
100 Library De 10050000-80510 5007823 11/12/2025 AMAZON CAPITAL
SERVICES INC
02 GEN BOOKS 23.69
100 Library De 10050000-80510 5007823 11/12/2025 AMAZON CAPITAL
SERVICES INC
02 GEN BOOKS 44.93
10050000-80510 8,302.83
100 Library De 10050000-80595 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
01 PROGRAM SUPPLIES 18.78
100 Library De 10050000-80595 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
01 PROGRAM SUPPLIES 2.57
100 Library De 10050000-80595 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
01 PROGRAM SUPPLIES 41.29
100 Library De 10050000-80595 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
01 PROGRAM SUPPLIES 13.41
100 Library De 10050000-80595 20016915 11/12/2025 NIGHTINGALE MUSIC INC 01 MUSICAL STORYTIME 11/18/25
275.00
10050000-80595 351.05
100 Library De 10050000-80630 20016866 11/12/2025 VESTIS GROUP, INC. 01 MAT SERVICE 104.38 100 Library De 10050000-80630 20016866 11/12/2025 VESTIS GROUP, INC. 01 MAT SERVICE 104.38 10050000-80630 208.76
100 Library De 10050000-80650 5007801 11/12/2025 3M LIBRARY SYSTEMS 06 RFID TAGS 2,293.54 100 Library De 10050000-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
02 CONSTANT CONTACT 91.00
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 27
100 Library De 10050000-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
02 APPLE MEMORY 9.99
100 Library De 10050000-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
02 DML ADOBE 34.99
100 Library De 10050000-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
02 ADMIN ADOBE 19.99
100 Library De 10050000-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
02 CPL CATALOG DOMAIN 46.19
100 Library De 10050000-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
08 CANVA PRINTING 158.10
100 Library De 10050000-80650 20016900 11/12/2025 AMAZON.COM 05 SAFETY SUPPLIES 42.30 100 Library De 10050000-80650 5007823 11/12/2025 AMAZON CAPITAL
SERVICES INC
02 OFFICE SUPPLIES 16.90
100 Library De 10050000-80650 5007823 11/12/2025 AMAZON CAPITAL
SERVICES INC
08 OFFICE SUPPLIES 40.08
100 Library De 10050000-80650 5007823 11/12/2025 AMAZON CAPITAL
SERVICES INC
08 LIBRARY PARADE SUPPLIES 282.46
100 Library De 10050000-80650 20016909 11/12/2025 ODP BUSINESS
SOLUTIONS, LLC
08 OFFICE SUPPLIES 87.11
100 Library De 10050000-80650 20016909 11/12/2025 ODP BUSINESS
SOLUTIONS, LLC
08 OFFICE SUPPLIES 41.34
10050000-80650 3,163.99
101 PAYROLL FU 101-20080 20016864 11/12/2025 CALPERS LONG-TERM
CARE PROGRAM
Payroll Run 1 - Warrant 103125 379.58
101-20080 379.58
101 PAYROLL FU 101-20090 5007789 11/12/2025 CORONADO POLICE OFFICERS' ASSN.
Payroll Run 1 - Warrant 103125 4,380.08
101 PAYROLL FU 101-20090 5007790 11/12/2025 MISSIONSQUARE-#300831 457 (ICMA)
Payroll Run 1 - Warrant 103125 46,222.09
101 PAYROLL FU 101-20090 5007791 11/12/2025 CORONADO
FIREFIGHTERS' ASSN.
Payroll Run 1 - Warrant 103125 2,481.39
101 PAYROLL FU 101-20090 5007792 11/12/2025 AFSCME DISTRICT COUNCIL 36
Payroll Run 1 - Warrant 103125 577.50
101 PAYROLL FU 101-20090 5007793 11/12/2025 EMPLOYEE SUNSHINE FUND
Payroll Run 1 - Warrant 103125 117.00
101 PAYROLL FU 101-20090 5007794 11/12/2025 MISSIONSQUARE-#803434
RHS (ICMA)
Payroll Run 1 - Warrant 103125 1,642.55
101 PAYROLL FU 101-20090 5007796 11/12/2025 TOTAL ADMINISTRATIVE
SERVICES CORP
Payroll Run 1 - Warrant 103125 4,139.09
101 PAYROLL FU 101-20090 5007797 11/12/2025 MISSIONSQUARE-#705950
IRA-ROTH (ICMA)
Payroll Run 1 - Warrant 103125 100.00
101-20090 59,659.70
103 Employee B 103-14100 5007795 11/12/2025 BENEFIT & RISK
MANAGEMENT SERVICES
NOV BENEFITS-BRMS 56,443.89
103-14100 56,443.89
103 Non-Depart 10310000-70036 5007857 11/19/2025 PEAK 1 ADMINISTRATION LLC
FSA/HRA Combination Fee 930.60
10310000-70036 930.60
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 28
103 Non-Depart 10310000-80267 20016863 11/12/2025 EMPLOYMENT
DEVELOPMENT DEPT
EDD Unemployment Ins Qtr 3
09/30/25
5,892.00
10310000-80267 5,892.00
104 Workers Co 104-10210 5007855 11/19/2025 KEENAN & ASSOCIATES WC Special 579859 55,000.00 104-10210 55,000.00
112 Refundable 112-20425 20017011 11/19/2025 ONE-TIME VENDOR -
PARKING CITES
CIVIL WIT. FEE RETURN -
JUSINO
155.07
112-20425 155.07
130 Public Ser 13030000-80030 20016967 11/19/2025 CLEAN EARTH
ENVIRONMENTAL
SOLUTIONS, INC
03 HAZARDOUS WASTE 21,503.40
130 Public Ser 13030000-80030 20016967 11/19/2025 CLEAN EARTH
ENVIRONMENTAL
SOLUTIONS, INC
03 HAZARDOUS WASTE 3,643.88
13030000-80030 25,147.28
130 Public Ser 13030000-80130 5007842 11/19/2025 COUNTY OF SAN DIEGO, RCS
PUB SVS RADIO 30.50
13030000-80130 30.50
130 Public Ser 13030000-80571 5007867 11/19/2025 MANSFIELD ENERGY CORP.
01 FUEL OCT 2025 206.60
13030000-80571 206.60
135 Public Ser 13530000-90080 20016892 11/12/2025 PERRY OF NATIONAL CITY
#969 UNIT 5394 SPARE KEY 234.80
135 Public Ser 13530000-90080 5007814 11/12/2025 MOTOROLA SOLUTIONS, INC
08 MOBILE RADIO APX6500 7,837.12
135 Public Ser 13530000-90080 5007814 11/12/2025 MOTOROLA SOLUTIONS, INC
09 MOBILE RADIO APX6500 7,837.12
135 Public Ser 13530000-90080 5007814 11/12/2025 MOTOROLA SOLUTIONS, INC
10 MOBILE RADIO APX6500 7,622.31
135 Public Ser 13530000-90080 5007814 11/12/2025 MOTOROLA SOLUTIONS, INC
11 MOBILE RADIO APX6500 8,327.35
135 Public Ser 13530000-90080 5007815 11/12/2025 ANDRADE AUTO GLASS 07 CAT LOADER WINDOW TINT 1,500.21 135 Public Ser 13530000-90080 20016957 11/19/2025 AEP CALIFORNIA LLC 11 UNIT #994 OUTFITTING 18,113.64 135 Public Ser 13530000-90080 20016978 11/19/2025 AMAZON.COM SALES, INC RTX FIRE ENGINE EQUIPMENT 1,387.22 13530000-90080 52,859.77
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 29
137 Non-Depart 13710000-90080 5007847 11/19/2025 DELL MARKETING L.P. Dell Pro Slim Plus QBS1250 9,209.91 13710000-90080 9,209.91
150 Cultural A 15053000-80702 20016874 11/12/2025 EAGLE NEWSPAPER LLC C3 EXHIBIT OPENING IT'S ONLY
NATURAL
393.00
15053000-80702 393.00
150 Cultural A 15053000-80706 20016874 11/12/2025 EAGLE NEWSPAPER LLC C3 EXHIBIT OPENING IT'S ONLY
NATURAL
393.00
15053000-80706 393.00
160 Recreation 160-20180 20016926 11/12/2025 ONE-TIME VENDOR -
RECREATION
00 EVENT DEPOSIT REFUND 500.00
160 Recreation 160-20180 20016924 11/12/2025 ONE-TIME VENDOR -
RECREATION
00 EVENT DEPOSIT REFUND 200.00
160 Recreation 160-20180 20016921 11/12/2025 ONE-TIME VENDOR -
RECREATION
00 EVENT DEPOSIT REFUND 200.00
160 Recreation 160-20180 20016922 11/12/2025 ONE-TIME VENDOR -
RECREATION
00 EVENT DEPOSIT REFUND 500.00
160 Recreation 160-20180 20017013 11/19/2025 ONE-TIME VENDOR -
RECREATION
00 PUNCH PASS CONVERSION
REFUND
100.00
160 Recreation 160-20180 20016925 11/12/2025 ONE-TIME VENDOR -
RECREATION
00 PUNCH PASS CONVERSION
REFUND
213.00
160 Recreation 160-20180 20016923 11/12/2025 ONE-TIME VENDOR -
RECREATION
00 EVENT SECURITY DEPOSIT
REFUND
200.00
160 Recreation 160-20180 20017014 11/19/2025 ONE-TIME VENDOR -
RECREATION
00 EVENT SECURITY DEPOSIT
REFUND
200.00
160 Recreation 160-20180 20017012 11/19/2025 ONE-TIME VENDOR -
RECREATION
00 EVENT SECURITY DEPOSIT
REFUND
200.00
160 Recreation 160-20180 20017015 11/19/2025 ONE-TIME VENDOR -
RECREATION
00 EVENT SECURITY DEPOSIT
REFUND
200.00
160 Recreation 160-20180 20017016 11/19/2025 ONE-TIME VENDOR -
RECREATION
00 EVENT SECURITY DEPOSIT
REFUND
200.00
160 Recreation 160-20180 20017017 11/19/2025 ONE-TIME VENDOR -
RECREATION
00 EVENT SECURITY DEPOSIT
REFUND
100.00
160-20180 2,813.00
160 Recreation 160-20190 20016947 11/19/2025 ELITE SHOW SERVICES INC
01 SECURITY SERVICES @
COMMUNITY CENTER
1,426.46
160-20190 1,426.46
160 Recreation 16051101-70032 20016975 11/19/2025 MORGAN'S MONOGRAMS LLC
01 UNIFORMS 966.74
160 Recreation 16051101-70032 20016975 11/19/2025 MORGAN'S MONOGRAMS LLC
01 UNIFORMS 492.59
16051101-70032 1,459.33
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 30
160 Recreation 16051101-80010 20016881 11/12/2025 SDG&E-(REC ACCT) 06 ELEC 1835 STRAND WAY 09/18/25 - 10/16/25
21,680.29
16051101-80010 21,680.29
160 Recreation 16051101-80030 5007846 11/19/2025 AMBIUS (J.C. EHRLICH CO., INC.)
01 PLANTS MAINTENANCE
SERVICES @ COMMUNITY
CENTER
38.57 160 Recreation 16051101-80030 5007846 11/19/2025 AMBIUS (J.C. EHRLICH CO., INC.)
01 PLANTS MAINTENANCE
SERVICES @ JDSC
197.25
160 Recreation 16051101-80030 5007813 11/12/2025 MATCH POINT TENNIS COURTS INC.
04 TENNIS COURT
MAINTENANCE SERVICES
4,493.00
160 Recreation 16051101-80030 20016993 11/19/2025 CSG FORTE PAYMENTS, INC.
06 OCTOBER CREDIT CARD
FEES
4,721.64
16051101-80030 9,450.46
160 Recreation 16051101-80100 20016901 11/12/2025 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2025 855.01 16051101-80100 855.01
160 Recreation 16051101-80110 20016881 11/12/2025 SDG&E-(REC ACCT) 07 ELEC 1845 STRAND WAY 09/13/25 - 10/13/25
12,635.05
160 Recreation 16051101-80110 20016881 11/12/2025 SDG&E-(REC ACCT) 06 ELEC 1971 STRAND WAY 09/18/25 - 10/16/25
186.65
160 Recreation 16051101-80110 20016881 11/12/2025 SDG&E-(REC ACCT) 06 CALIFORNIA CLIMATE CREDIT
-81.38
160 Recreation 16051101-80110 20016881 11/12/2025 SDG&E-(REC ACCT) 06 ELEC 1ST E MINI PARK STLT NL 09/18/25 -10/16/25
59.07 160 Recreation 16051101-80110 20016881 11/12/2025 SDG&E-(REC ACCT) 01 ELEC 1014 6TH ST 09/13/25 - 10/13/25
220.80
160 Recreation 16051101-80110 20016881 11/12/2025 SDG&E-(REC ACCT) 01 CALIFORNIA CLIMATE CREDIT
-81.38
160 Recreation 16051101-80110 20016881 11/12/2025 SDG&E-(REC ACCT) 04 ELEC 1985 STRAND WAY 09/18/25 - 10/16/25
739.14
160 Recreation 16051101-80110 20016881 11/12/2025 SDG&E-(REC ACCT) 04 CALIFORNIA CLIMATE CREDIT
-81.38
160 Recreation 16051101-80110 20016881 11/12/2025 SDG&E-(REC ACCT) 09 ELEC 1019 7TH ST 09/18/25 - 10/16/25
4,075.58
160 Recreation 16051101-80110 20016881 11/12/2025 SDG&E-(REC ACCT) 01 ELEC 1501 GLORIETA BLV 09/13/25 - 10/13/25
1,858.18
160 Recreation 16051101-80110 20016881 11/12/2025 SDG&E-(REC ACCT) 01 CALIFORNIA CLIMATE CREDIT
-81.38
160 Recreation 16051101-80110 20016881 11/12/2025 SDG&E-(REC ACCT) 01 ELEC 545 D AVE 09/13/25 - 10/13/25
631.27
160 Recreation 16051101-80110 20016881 11/12/2025 SDG&E-(REC ACCT) 01 CALIFORNIA CLIMATE CREDIT
-81.38
16051101-80110 19,998.84
160 Recreation 16051101-80111 20016881 11/12/2025 SDG&E-(REC ACCT) 03 GAS 1845 STRAND WAY 09/13/25 - 10/13/25
7,395.37
160 Recreation 16051101-80111 20016881 11/12/2025 SDG&E-(REC ACCT) 04 GAS 1985 STRAND WAY 09/18/25 - 10/16/25
40.67
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 31
160 Recreation 16051101-80111 20016881 11/12/2025 SDG&E-(REC ACCT) 06 GAS 1835 STRAND WAY 09/18/25 - 10/16/25
2,730.13
160 Recreation 16051101-80111 20016881 11/12/2025 SDG&E-(REC ACCT) 05 GAS 1019 7TH ST 09/18/25 - 10/16/25
95.50 160 Recreation 16051101-80111 20016881 11/12/2025 SDG&E-(REC ACCT) 01 GAS 1501 GLORIETA BLV 09/13/25 - 10/13/25
13.24 16051101-80111 10,274.91
160 Recreation 16051101-80340 20016935 11/19/2025 CALIFORNIA PARK & REC
SOCIETY, INC
02 CPRS MEMBERSHIP 2,965.00
160 Recreation 16051101-80340 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
09 PLAYGROUND SAFETY
INSPECTION TRAINING FEE
50.17 160 Recreation 16051101-80340 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
03 FINANCIAL SUSTAIN.
TRAINING - JULIE A.
689.97
160 Recreation 16051101-80340 20017024 11/19/2025 ONE-TIME VENDOR - EE REIMB
03 AB SHOW TRAINING 115.98
160 Recreation 16051101-80340 20017018 11/19/2025 ONE-TIME VENDOR - EE REIMB
03 AB SHOW TRAINING 100.68
160 Recreation 16051101-80340 20017025 11/19/2025 ONE-TIME VENDOR - EE REIMB
03 AB SHOW TRAINING 114.00
16051101-80340 4,035.80
160 Recreation 16051101-80350 20016938 11/19/2025 EAGLE NEWSPAPER LLC 01 E&J AD - OCT 417.00 160 Recreation 16051101-80350 20016938 11/19/2025 EAGLE NEWSPAPER LLC 01 E&J AD - SEPT 417.00 16051101-80350 834.00
160 Recreation 16051101-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
01 OFFICE SUPPLIES 21.54
160 Recreation 16051101-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
01 OFFICE SUPPLIES 26.92
160 Recreation 16051101-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
01 SATFF BREAKROOM
SUPPLIES
25.48 160 Recreation 16051101-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
01 STAFF BREAKROOM
SUPPLIES
13.77 160 Recreation 16051101-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
01 PRIME RENEWAL FEE 149.77
16051101-80650 237.48
160 Recreation 16051102-80030 5007831 11/19/2025 M B OLIVER, INC 07 RODENT CONTROL @
COMMUNITY CENTER
40.00 16051102-80030 40.00
160 Recreation 16051102-80056 5007810 11/12/2025 ETHYANNE ANDRES 05 COMBINE MORNING WAKE UP 10/01/25 - 10/29/25
117.60
160 Recreation 16051102-80056 5007851 11/19/2025 MELINDA EVERETT 03 JUMP ROPE 10/14/25 - 11/18/25
539.00
160 Recreation 16051102-80056 20016910 11/12/2025 CHARLENE MAGEE
DONOVAN
02 DANCE & TUMBLE 09/04/25 -
10/09/25
415.80
160 Recreation 16051102-80056 20016910 11/12/2025 CHARLENE MAGEE
DONOVAN
03 DANCE & TUMBLE 09/04/25 -
10/09/25
231.00
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 32
160 Recreation 16051102-80056 20016910 11/12/2025 CHARLENE MAGEE
DONOVAN
02 PRESCHOOL & TOT 09/04/25
- 10/09/25
369.60
160 Recreation 16051102-80056 20016910 11/12/2025 CHARLENE MAGEE
DONOVAN
02 DANCE & TUMBLE 09/04/25 -
10/09/25
369.60
160 Recreation 16051102-80056 20016910 11/12/2025 CHARLENE MAGEE
DONOVAN
03 HOCUS POCUS 09/03/25 -
10/29/25
787.50
160 Recreation 16051102-80056 20016910 11/12/2025 CHARLENE MAGEE
DONOVAN
02 BALLET SESSION 09/02/25 -
10/07/25
138.60
160 Recreation 16051102-80056 20016910 11/12/2025 CHARLENE MAGEE
DONOVAN
02 PARENT & ME 09/02/25 -
10/07/25
369.60
160 Recreation 16051102-80056 20016910 11/12/2025 CHARLENE MAGEE
DONOVAN
02 CHEER, DANCE & TUMBLE
09/04/25 - 10/09/25
508.20
160 Recreation 16051102-80056 20016988 11/19/2025 CHARLENE MAGEE
DONOVAN
02 BALLET TAP 09/04/25 -
10/09/25
184.80
16051102-80056 4,031.30
160 Recreation 16051102-80100 20016901 11/12/2025 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2025 9,040.17 16051102-80100 9,040.17
160 Recreation 16051102-80110 20016881 11/12/2025 SDG&E-(REC ACCT) 01 ELEC 412 CORONADO CYS BLVD A 08/27/25 -09/25/25
548.81
16051102-80110 548.81
160 Recreation 16051102-80595 20016972 11/19/2025 BSN SPORTS, LLC. 03 PROGRAM SUPPLIES 1,535.44 16051102-80595 1,535.44
160 Recreation 16051102-80630 5007839 11/19/2025 WAXIE SANITARY SUPPLY,INC.
01 JANITORIAL SUPPLIES 120.55
160 Recreation 16051102-80630 5007839 11/19/2025 WAXIE SANITARY SUPPLY,INC.
01 JANITORIAL SUPPLIES 141.20
16051102-80630 261.75
160 Recreation 16051102-80635 20016896 11/12/2025 CINTAS FIRST AID & SAFETY
01 1ST AID SUPPLIES 63.28
16051102-80635 63.28
160 Recreation 16051103-80030 20016877 11/12/2025 KNORR SYSTEMS INT'L LLC
01 MONTHLY MAINTENANCE
SERVICE
2,718.00
160 Recreation 16051103-80030 20017004 11/19/2025 BLUETRITON BRANDS INC
04 DRINKING WATER 61.94
16051103-80030 2,779.94
160 Recreation 16051103-80130 20016877 11/12/2025 KNORR SYSTEMS INT'L LLC
01 REPLACE POOL HEATER
SCREEN
973.02
160 Recreation 16051103-80130 20016877 11/12/2025 KNORR SYSTEMS INT'L LLC
01 HEATER SCREEN
REPLACEMENT
1,866.00
16051103-80130 2,839.02
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 33
160 Recreation 16051103-80605 5007808 11/12/2025 WESTAIR GASES &
EQUIPMENT
01 CARBON DIOXIDE / WATER
PURIFICATION AGENTS
2,022.81
16051103-80605 2,022.81
160 Recreation 16051107-80030 5007831 11/19/2025 M B OLIVER, INC 06 RODENT / INSECT CONTROL @ JDSC
125.00
160 Recreation 16051107-80030 20016971 11/19/2025 WESTERN A/V 01 AV MAINTENANCE SERVICE 360.00 16051107-80030 485.00
160 Recreation 16051107-80056 5007810 11/12/2025 ETHYANNE ANDRES 01 STRENGTH, BALANCE & FLEX 10/06/25 - 10/27/25
347.20
160 Recreation 16051107-80056 5007810 11/12/2025 ETHYANNE ANDRES 01 STRENGTH, BALANCE & FLEX 10/01/25 - 10/29/25
688.80
160 Recreation 16051107-80056 5007810 11/12/2025 ETHYANNE ANDRES 01 STRENGTH, BALANCE & FLEX 10/01/25 - 10/29/25
1,572.90
160 Recreation 16051107-80056 5007810 11/12/2025 ETHYANNE ANDRES 01 SENIOR STRENGTH CLINIC 10/04/25 - 10/25/25
261.10
160 Recreation 16051107-80056 5007810 11/12/2025 ETHYANNE ANDRES 01 STRETCH & RESTORE 10/02/25 - 10/30/25
1,446.90
16051107-80056 4,316.90
160 Recreation 16051107-80100 20016901 11/12/2025 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2025 4,662.06 16051107-80100 4,662.06
160 Recreation 16051107-80595 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
01 CHARGER CABLE 7.53
160 Recreation 16051107-80595 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
03 MISC SUPPLIES FOR STAFF
DAY TRIP
26.27 160 Recreation 16051107-80595 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
04 MISC SUPPLIES FOR
SPECIAL EVENTS
58.55 160 Recreation 16051107-80595 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
04 COOKING CLASS MISC
SUPPLIES
50.02 160 Recreation 16051107-80595 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
04 COOKING CLASS MISC
SUPPLIES
16.94 160 Recreation 16051107-80595 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
04 COOKING CLASS MISC
SUPPLIES
29.62 16051107-80595 188.93
160 Recreation 16051107-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
01 COFFEE CUPS 446.43
160 Recreation 16051107-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
01 COFFEE SUPPLIES 47.96
160 Recreation 16051107-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
01 COFFEE SUPPLIES 97.44
160 Recreation 16051107-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
01 OFFICE SUPPLIES 27.03
160 Recreation 16051107-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
01 COFFE SERVICE SUPPLIES 75.60
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 34
160 Recreation 16051107-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
01 FRONT DESK SUPPLEIS 36.62
160 Recreation 16051107-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
01 FRONT DESK SUPPLIES 410.50
160 Recreation 16051107-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
01 COFFEE SUPPLIES 29.08
16051107-80650 1,170.66
160 Recreation 16051108-80030 20017009 11/19/2025 DIMENSIONAL SILK
SCREEN, INC
01 TENNIS COURTS SIGNS 191.36
160 Recreation 16051108-80030 20017009 11/19/2025 DIMENSIONAL SILK
SCREEN, INC
01 TENNIS COURT SIGNS 1,500.74
16051108-80030 1,692.10
160 Recreation 16051108-80595 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
03 LEAF BLOWER FOR SKATE
PARK
70.03 16051108-80595 70.03
180 Community 180-20250 20017010 11/19/2025 ONE-TIME VENDOR -
COMM DEV
REF/M2511-010 3.00
180-20250 3.00
180 Planning D 18040101-80340 20017023 11/19/2025 ONE-TIME VENDOR - EE REIMB
06. 2025 CA ACTIVE
TRANSPORTATION - DAVIS, CA
337.63
18040101-80340 337.63
180 Planning D 18040101-80571 5007867 11/19/2025 MANSFIELD ENERGY CORP.
01 FUEL OCT 2025 28.07
18040101-80571 28.07
180 Planning D 18040101-80650 20016938 11/19/2025 EAGLE NEWSPAPER LLC 01. PUBLIC HEARING NOTICE - AD #1015
47.70 180 Planning D 18040101-80650 20016938 11/19/2025 EAGLE NEWSPAPER LLC 01. PUBLIC HEARING NOTICE - AD #10222
58.30 180 Planning D 18040101-80650 20016987 11/19/2025 ODP BUSINESS
SOLUTIONS, LLC
02. OFFICE SUPPLIES (60%
PLANNING)
55.87 180 Planning D 18040101-80650 20016987 11/19/2025 ODP BUSINESS
SOLUTIONS, LLC
02. STAPLE REMOVER FOR M.
SMITH
3.76 180 Planning D 18040101-80650 20016987 11/19/2025 ODP BUSINESS
SOLUTIONS, LLC
02. OFFICE SUPPLIES FOR
PLANNING DEPT
129.74
18040101-80650 295.37
180 Building D 18040102-41016 20017010 11/19/2025 ONE-TIME VENDOR -
COMM DEV
REF/M2511-010 387.00
180 Building D 18040102-41016 20017010 11/19/2025 ONE-TIME VENDOR -
COMM DEV
REF/M2511-010 14.00
18040102-41016 401.00
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 35
180 Building D 18040102-45038 20017010 11/19/2025 ONE-TIME VENDOR -
COMM DEV
REF/M2511-010 8.00
18040102-45038 8.00
180 Building D 18040102-80030 20016943 11/19/2025 HDL SOFTWARE LLC 03. NEW ACCOUNTS PROCESSED - 093025
709.28
18040102-80030 709.28
180 Building D 18040102-80340 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
04. CALBO EDUCATION WEEK -
HOTEL - D. NOWAK
950.52
180 Building D 18040102-80340 20017021 11/19/2025 ONE-TIME VENDOR - EE REIMB
04.CALBO ED WEEK 09/29-
10/02/25 - BURLINGAME, CA
283.88
18040102-80340 1,234.40
180 Building D 18040102-80571 5007867 11/19/2025 MANSFIELD ENERGY CORP.
01 FUEL OCT 2025 112.28
18040102-80571 112.28
180 Building D 18040102-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
02. GREEN CARDSTOCK FOR
INSPECTION CARDS
107.76
180 Building D 18040102-80650 20016987 11/19/2025 ODP BUSINESS
SOLUTIONS, LLC
02. OFFICE SUPPLIES (40%
BUILDING)
37.24 18040102-80650 145.00
216 ART. 8 TDA 21633301-80030 5007836 11/19/2025 FLAGSHIP CRUISES EVENTS
01. PUBLIC COMMUTER FERRY
SERVICE - OCT 2025
28,985.00
21633301-80030 28,985.00
216 ART. 4 Non 21633302-80051 20016904 11/12/2025 SOLID PROPERTY
SERVICES INC
01 MTS PWR WSH NOV 25 4,292.06
21633302-80051 4,292.06
220 Marina Ope 22054902-80030 20016887 11/12/2025 CALIFORNIA YACHT MARINA
MANAGEMENT FEE OCT25 3,350.00
22054902-80030 3,350.00
245 Police Dep 24521000-80650 20016946 11/19/2025 US BANK (IMPAC GOVT
SRVCS/CAL-CARD
OFFICER WELLNESS ROOM 96.53
24521000-80650 96.53
400 Capital Pr 40070000-98987 5007830 11/12/2025 ANIMAL ARTS DESIGN STUDIOS, INC.
DESIGN SVCS FOR ANIMAL
FAC; 25-PS-CM-988; SEPT 25
397.20
40070000-98987 397.20
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 36
410 Capital Pr 41070000-98987 5007829 11/12/2025 SHORELINE CPM INC. PROJ MNGMNT, DES & EST SVCS; 25-SHO-003; OCT 2025
42,398.85
41070000-98987 42,398.85
610 W/W Projec 61071000-97430 5007811 11/12/2025 PSOMAS FIRST STREET PUMP STATION; SEPT 2025
3,595.00
610 W/W Projec 61071000-97430 5007850 11/19/2025 PSOMAS FIRST STREET PUMP STATION; OCT 2025
520.00
61071000-97430 4,115.00
610 W/W Operat 61081000-80030 5007852 11/19/2025 PALM ENGINEERING CONSTRUCTION CO.
26-POTC-EN-1076-1
EMERGENCY REPAIR G/H
ALLEY
32,208.00
610 W/W Operat 61081000-80030 20016899 11/12/2025 TRADELINK
INTERNATIONAL
04 FEAST AND FAREWAY
SNACK TRAP SVC
95.00 610 W/W Operat 61081000-80030 20016963 11/19/2025 ACME AUTOMATION
CORPORATION
10 REPAIRS TRINIDAD CAYS
BANDEL PS
4,500.00
610 W/W Operat 61081000-80030 20016963 11/19/2025 ACME AUTOMATION
CORPORATION
10 CAY PS REPAIR 24,000.00
610 W/W Operat 61081000-80030 5007822 11/12/2025 EWT HOLDINGS III CORP 13 CSTL CAMPUS CHEM OCT 25 1,868.37 610 W/W Operat 61081000-80030 5007822 11/12/2025 EWT HOLDINGS III CORP 13 CSTL CAMPUS VAPOR OCT 25 393.17
610 W/W Operat 61081000-80030 5007822 11/12/2025 EWT HOLDINGS III CORP 13 CAYS PS CHEM FEED OCT 25 1,209.71
610 W/W Operat 61081000-80030 5007822 11/12/2025 EWT HOLDINGS III CORP 13 CAYS PS VAPOR OCT 25 1,168.65 610 W/W Operat 61081000-80030 5007822 11/12/2025 EWT HOLDINGS III CORP 13 PS 307B CHEM FEED OCT 25 2,240.74 610 W/W Operat 61081000-80030 5007822 11/12/2025 EWT HOLDINGS III CORP 13 PS 356C CHEM FEED OCT 25 1,851.19 610 W/W Operat 61081000-80030 5007822 11/12/2025 EWT HOLDINGS III CORP 13 PS B CHEM FEED OCT 25 1,851.19 610 W/W Operat 61081000-80030 5007860 11/19/2025 EWT HOLDINGS III CORP 13 PS 1250 CHEM FERR 10/27/25
4,977.60
610 W/W Operat 61081000-80030 5007860 11/19/2025 EWT HOLDINGS III CORP 13 CAYS PS BIOX 10/29/25 3,135.53 61081000-80030 79,499.15
610 W/W Operat 61081000-80100 20016901 11/12/2025 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2025 402.89 61081000-80100 402.89
610 W/W Operat 61081000-80110 20016882 11/12/2025 SDG&E-(PUBLIC
SERVICES ACCT)
01 1981 STRAND WAY 4,052.43
610 W/W Operat 61081000-80110 20016882 11/12/2025 SDG&E-(PUBLIC
SERVICES ACCT)
01 CORONADO CAYS BLVD 1,795.10
61081000-80110 5,847.53
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 37
610 W/W Operat 61081000-80112 20016870 11/12/2025 CAL-AM WATER (PUBLIC
SERVICES ACCT)
01 100 CORONADO CAYS BLVD 94.24
610 W/W Operat 61081000-80112 20016870 11/12/2025 CAL-AM WATER (PUBLIC
SERVICES ACCT)
01 299 FIRST ST 236.78
61081000-80112 331.02
610 W/W Operat 61081000-80130 20016865 11/12/2025 LOS ANGELES TRUCK
CENTERS, LLC
UNIT #6-585 TRUCK REPAIRS 6,825.63
610 W/W Operat 61081000-80130 5007800 11/12/2025 HAAKER EQUIPMENT
COMPANY,INC
01 UNIT #6-1/6-1R FITTINGS 666.56
610 W/W Operat 61081000-80130 5007800 11/12/2025 HAAKER EQUIPMENT
COMPANY,INC
01 VACTOR #6-1 SVC 2,349.45
610 W/W Operat 61081000-80130 5007800 11/12/2025 HAAKER EQUIPMENT
COMPANY,INC
01 UNIT #6-1 SWIVEL 730.43
610 W/W Operat 61081000-80130 5007800 11/12/2025 HAAKER EQUIPMENT
COMPANY,INC
01 LATE FEE VACTOR 6-1 57.27
610 W/W Operat 61081000-80130 5007833 11/19/2025 HAAKER EQUIPMENT
COMPANY,INC
01 SHOE SUTO REWIND #6-1 381.09
610 W/W Operat 61081000-80130 5007842 11/19/2025 COUNTY OF SAN DIEGO, RCS
PUB SVS RADIO 30.50
610 W/W Operat 61081000-80130 20016898 11/12/2025 O'REILLY AUTO PARTS 01 UNIT #6-689 ADAPATER FOR
TRAILER
19.40 61081000-80130 11,060.33
610 W/W Operat 61081000-80132 20016937 11/19/2025 CORONADO LOCK AND KEY
01 REPLACE LOCKS AND NEW
LOCKS FOR BANDEL HATCHES
1,569.40
610 W/W Operat 61081000-80132 20016885 11/12/2025 WESTFLEX, INC. 02 GASKETS FOR WWO STOCK 289.44 61081000-80132 1,858.84
610 W/W Operat 61081000-80135 5007841 11/19/2025 W.W. GRAINGER, INC 01 REPLACEMENT PRESSURE
GAUGE TRINIDAD
289.93
610 W/W Operat 61081000-80135 5007841 11/19/2025 W.W. GRAINGER, INC 01 REPLACEMENT PRESSURE
GAUGE TRINIDAD
-289.93
610 W/W Operat 61081000-80135 20016895 11/12/2025 CS-AMSCO 01 KNIFE VALVE FOR CB STATION/1 STOCK
4,695.35
610 W/W Operat 61081000-80135 20016895 11/12/2025 CS-AMSCO 01 KNIFE VALVE FOR CAYS MAIN
3,825.80
610 W/W Operat 61081000-80135 5007859 11/19/2025 THE BILCO COMPANY 02 SAFETY GRATES FOR
GLORIETTA STATION WET
WELL
5,191.40
61081000-80135 13,712.55
610 W/W Operat 61081000-80210 20016970 11/19/2025 AUTOCACHE INC 02 FZ400 REPLACEMENT 1,995.00 61081000-80210 1,995.00
610 W/W Operat 61081000-80340 20017007 11/19/2025 WADE RODRICK
MITCHELL, JR
03 CDL TRAINING 794.00
610 W/W Operat 61081000-80340 20017007 11/19/2025 WADE RODRICK
MITCHELL, JR
03 CDL TRAINING 1,191.00
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 38
61081000-80340 1,985.00
610 W/W Operat 61081000-80571 20016936 11/19/2025 CORONADO HARDWARE 01 SILICONE 81.85 610 W/W Operat 61081000-80571 5007806 11/12/2025 W.W. GRAINGER, INC 01 FUEL CAN 85.43 610 W/W Operat 61081000-80571 5007867 11/19/2025 MANSFIELD ENERGY CORP.
01 FUEL OCT 2025 2,037.13
61081000-80571 2,204.41
610 W/W Operat 61081000-80575 20016936 11/19/2025 CORONADO HARDWARE 01 PAINT SUPPLIES 106.60 610 W/W Operat 61081000-80575 20016936 11/19/2025 CORONADO HARDWARE 01 STENCILS, PAINT 24.22 610 W/W Operat 61081000-80575 20016936 11/19/2025 CORONADO HARDWARE 01 TARP 28.00 610 W/W Operat 61081000-80575 5007806 11/12/2025 W.W. GRAINGER, INC 01 DIVERTER CAPACITORS 33.29 61081000-80575 192.11
610 W/W Operat 61081000-80650 5007806 11/12/2025 W.W. GRAINGER, INC 04 RAIN GEAR 377.43 610 W/W Operat 61081000-80650 5007841 11/19/2025 W.W. GRAINGER, INC 03 SAFETY VEST FOR YAN LEI 23.58 610 W/W Operat 61081000-80650 5007854 11/19/2025 BOOT WORLD INC./KM SHOES
04 BOOTS S.SANCHEZ 249.54
610 W/W Operat 61081000-80650 20016978 11/19/2025 AMAZON.COM SALES, INC 04 PANTS FOR HUMBERTO 455.00 61081000-80650 1,105.55
610 W/W Operat 61081000-90040 5007800 11/12/2025 HAAKER EQUIPMENT
COMPANY,INC
01 UNIT #6-7 8 PIN CONNECTOR
REPLACEMENT CCTV VAN
571.26
610 W/W Operat 61081000-90040 5007800 11/12/2025 HAAKER EQUIPMENT
COMPANY,INC
01 CCTV TRACTOR HEAD LEAK
REPAIR
296.32
610 W/W Operat 61081000-90040 5007833 11/19/2025 HAAKER EQUIPMENT
COMPANY,INC
01 CCTV TRACTOR REPAIR 1,606.71
610 W/W Operat 61081000-90040 20016885 11/12/2025 WESTFLEX, INC. 04 HOSE FITTINGS 2,033.19 61081000-90040 4,507.48
610 W/W Operat 61081000-90055 5007841 11/19/2025 W.W. GRAINGER, INC 02 UTILITY TRAY 247.99 610 W/W Operat 61081000-90055 20016889 11/12/2025 SNAP-ON INDUSTRIAL 01 TOOL 50.58 61081000-90055 298.57
620 G/C Operat 62082000-70033 20016866 11/12/2025 VESTIS GROUP, INC. 01 UNIFORM SERVICES 175.55 620 G/C Operat 62082000-70033 20016928 11/19/2025 VESTIS GROUP, INC. 01 UNIFROM SERVICES 375.59 620 G/C Operat 62082000-70033 20016928 11/19/2025 VESTIS GROUP, INC. 01 UNIFORM SERVICES 175.55 62082000-70033 726.69
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 39
620 G/C Operat 62082000-80030 5007846 11/19/2025 AMBIUS (J.C. EHRLICH CO., INC.)
01 PLANTS MAINTENANCE
SERVICES @ GOLF
600.43
620 G/C Operat 62082000-80030 5007846 11/19/2025 AMBIUS (J.C. EHRLICH CO., INC.)
01 PLANTS MAINTENANCE
SERVICES @ GOLF
175.00
620 G/C Operat 62082000-80030 5007858 11/19/2025 MERJAN ENTERPRISES INC
07 PM SVC NOV 25 59.48
620 G/C Operat 62082000-80030 20017004 11/19/2025 BLUETRITON BRANDS INC
08 DRINKING WATER 150.81
62082000-80030 985.72
620 G/C Operat 62082000-80055 5007831 11/19/2025 M B OLIVER, INC 08 RODENT CONTROL @ GOLF 68.00 620 G/C Operat 62082000-80055 20016939 11/19/2025 GREENBRIER LAWN &
TREE EXPERT CO,IN
06 TREE REMOVAL SERVICE / 1
DATE PALM
1,695.00
620 G/C Operat 62082000-80055 5007809 11/12/2025 CARLOS JANITORIAL
SERVICE
05 JANITORIAL SERVICES 970.00
620 G/C Operat 62082000-80055 20016966 11/19/2025 JLP EQUIPMENT SPECIALIST, INC.
04 TRACTOR REPAIR SERVICE -
4600 PTC
1,920.00
620 G/C Operat 62082000-80055 20016906 11/12/2025 SAN DIEGO POWER
CLEAN INC
08 POWER WASH BULDING
SERVICE
3,200.00
62082000-80055 7,853.00
620 G/C Operat 62082000-80110 20016883 11/12/2025 SDG&E-(GOLF ACCT) 01 2000 VISALIA ROW HM1 09/13/25 - 10/13/25
3,427.49
620 G/C Operat 62082000-80110 20016883 11/12/2025 SDG&E-(GOLF ACCT) 01 ELEC 735 GLORIETA BLV 09/13/25 - 10/13/25
796.99
620 G/C Operat 62082000-80110 20016883 11/12/2025 SDG&E-(GOLF ACCT) 01 CALIFORNIA CLIMATE CREDIT
-81.38
620 G/C Operat 62082000-80110 20016883 11/12/2025 SDG&E-(GOLF ACCT) 01 ELEC 409 GLORIETA BLV 09/13/25 - 10/13/25
451.28
620 G/C Operat 62082000-80110 20016883 11/12/2025 SDG&E-(GOLF ACCT) 01 CALIFORNIA CLIMATE CREDIT
-81.38
620 G/C Operat 62082000-80110 20016883 11/12/2025 SDG&E-(GOLF ACCT) 01 ELEC 1109 GLORIETTA BLVD 09/13/25 - 10/13/25
496.53
620 G/C Operat 62082000-80110 20016883 11/12/2025 SDG&E-(GOLF ACCT) 01 CALIFORNIA CLIMATE CREDIT
-81.38
62082000-80110 4,928.15
620 G/C Operat 62082000-80111 20016883 11/12/2025 SDG&E-(GOLF ACCT) 01 GAS 2000 VISALIA ROW 09/13/25 - 10/13/25
355.22
62082000-80111 355.22
620 G/C Operat 62082000-80112 20016932 11/19/2025 CAL-AM WATER (GOLF
ACCOUNT)
01 1311 GLORIETTA BLVD IRRIG
10/07/25 - 11/05/25
542.66
62082000-80112 542.66
620 G/C Operat 62082000-80123 5007826 11/12/2025 FORD MOTOR COMPANY TRUCK LEASE NOV 2025 824.15 62082000-80123 824.15
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 40
620 G/C Operat 62082000-80210 20016890 11/12/2025 THE TORO COMPANY 02 IRRIGATION COMPUTER 250.00 620 G/C Operat 62082000-80210 20016997 11/19/2025 AT&T MOBILITY II, LLC. 02 CELLPHONE CHARGES 467.28 62082000-80210 717.28
620 G/C Operat 62082000-80570 5007843 11/19/2025 MIDWEST MOTOR SUPPLY CO. INC.,
01 MECHANIC SHOP SUPPLIES 350.78
62082000-80570 350.78
620 G/C Operat 62082000-80571 5007828 11/12/2025 MANSFIELD ENERGY CORP.
01 DIESEL 416.22
620 G/C Operat 62082000-80571 5007828 11/12/2025 MANSFIELD ENERGY CORP.
01 GASOLINE 346.41
620 G/C Operat 62082000-80571 5007828 11/12/2025 MANSFIELD ENERGY CORP.
01 GASOLINE 404.14
620 G/C Operat 62082000-80571 5007828 11/12/2025 MANSFIELD ENERGY CORP.
01 DIESEL 361.67
620 G/C Operat 62082000-80571 5007867 11/19/2025 MANSFIELD ENERGY CORP.
01 DIESEL 299.62
620 G/C Operat 62082000-80571 5007867 11/19/2025 MANSFIELD ENERGY CORP.
01 FUEL OCT 2025 388.75
62082000-80571 2,216.81
620 G/C Operat 62082000-80575 20016942 11/19/2025 WILBUR FAMILY
HOLDINGS, INC
01 FERTILIZER 796.30
62082000-80575 796.30
620 G/C Operat 62082000-80620 20016958 11/19/2025 PAR WEST TURF
SERVICES, INC
01 PAINT, PRACTICE CUPS &
FLAG
839.37
62082000-80620 839.37
630 S/D Dept. 63083000-45910 20017010 11/19/2025 ONE-TIME VENDOR -
COMM DEV
REF/M2511-010 81.00
63083000-45910 81.00
630 S/D Operat 63083301-80030 5007869 11/19/2025 JASON BINGHAM AS NEEDED STORM WATER SVCS
11,680.00
63083301-80030 11,680.00
630 S/D Operat 63083301-80100 20016901 11/12/2025 T & T JANITORIAL, INC. 01 JANITORIAL OCT 2025 46.84 63083301-80100 46.84
630 S/D Operat 63083301-80130 5007842 11/19/2025 COUNTY OF SAN DIEGO, RCS
PUB SVS RADIO 30.50
630 S/D Operat 63083301-80130 20016973 11/19/2025 UNITED ROTARY BRUSH
CORPORATION
02 SWEEPER BRUSH 1,185.82
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 41
630 S/D Operat 63083301-80130 20016973 11/19/2025 UNITED ROTARY BRUSH
CORPORATION
02 SWEEPER CURB BRUSH 480.05
630 S/D Operat 63083301-80130 20016995 11/19/2025 DIESEL POLLUTION SOLUTIONS, INC.
UNIT #19-773 DIESEL SMOG
CHECK
145.00
63083301-80130 1,841.37
630 S/D Operat 63083301-80132 5007832 11/19/2025 BARRETT ENGINEERED PUMPS, INC.
01 BANDEL DIVERTER PUMP
FOR STOCK
4,611.70
63083301-80132 4,611.70
630 S/D - NPDE 63083303-80030 20016891 11/12/2025 CITY OF IMPERIAL BEACH 07 FY26 SD WATERSHED COST SHARE OCT SP2500
12,315.00
630 S/D - NPDE 63083303-80030 5007866 11/19/2025 MIKHAIL OGAWA ENGINEERING INC.
SW PROGRAM SUPPORT; 25-
MOE-003; OCT 2025
67,662.72
63083303-80030 79,977.72
FUND BUDGET UNITACCOUNT
CHECK
NUMBER
CHECK
DATE
NAME DESCRIPTION TRANSACTION
AMOUNT
Warrant List for City Council Meeting
December 2, 2025 Item 4.b
December 02, 2025 City of Coronado Page 42
October 21, 2025 City of Coronado
Closed Session - Minutes of the City of Coronado City Council/ The City of Coronado Acting as the Successor Agency to the Community Development Agency of the City of Coronado
October 21, 2025 02:30 PM
Coronado City Hall Council Chamber
1825 Strand Way
Coronado, California 92118
Note: The order in which items appear in the minutes is not necessarily the order in which they were discussed in the meeting.
Present: Mayor Duncan, Councilmember Downey, Councilmember Fleming, Councilmember Purvis, and Councilmember Steward
Also Present: City Manager Friend, City Attorney Canlas, and City Clerk Holian
1. CALL TO ORDER AND ROLL CALL
The Special Closed Session Meeting of the City Council was called to order at 2:32 p.m. on October 21, 2025, in the City Council Chamber at City Hall with Mayor Duncan presiding.
2. CONFERENCE WITH LEGAL COUNSEL - ANTICIPATED LITIGATION Pursuant to Government Code Section 54956.9(d)(2)
a. Two (2) of Potential Case(s)
No reportable action.
3. CONFERENCE WITH LEGAL COUNSEL – EXISTING LITIGATION
Pursuant to Government Code Section 54956.9(d)(1)
a. Shannon Player v. City of Coronado
San Diego Superior Court Case No. 25CU007828C
No reportable action.
Item 4.c
December 02, 2025 City of Coronado Page 43
October 21, 2025 City of Coronado
b. Rosario Castillo v. City of Coronado, et al.
San Diego Superior Court Case No. 25CU006977C
No reportable action.
c. Stephanie Pergola vs. City of Coronado, et al.
San Diego Superior Court Case No. 25CU020556C
No reportable action.
4. ORAL COMMUNICATIONS
None.
5. ADJOURNMENT
Closed Session adjourned at 3:45 p.m.
APPROVED:
John D. Duncan, Mayor of the
City of Coronado
ATTEST:
Kelsea Holian, City Clerk of the
City of Coronado
Item 4.c
December 02, 2025 City of Coronado Page 44
October 21, 2025 City of Coronado
Minutes of the City of Coronado City Council/
The City of Coronado Acting as the Successor Agency to the Community Development Agency of the City of Coronado
October 21, 2025 04:00 PM
Coronado City Hall Council Chamber
1825 Strand Way
Coronado, California 92118
Note: The order in which items appear in the minutes is not necessarily the order in which they were discussed in the meeting.
Present: Mayor Duncan, Councilmember Downey, Councilmember Fleming, Councilmember Purvis, and Councilmember Steward
Also Present: City Manager Friend, City Attorney Canlas, and City Clerk Holian
1. CALL TO ORDER AND ROLL CALL
The Regular Meeting of the City Council was called to order at 4:02 p.m. on October 21, 2025, in the City Council Chamber at City Hall with Mayor Duncan presiding.
2. PLEDGE OF ALLEGIANCE
Mayor Duncan led the Pledge of Allegiance.
3. PRESENTATIONS
4. CONSENT CALENDAR
Councilmember Steward provided comments regarding Item 4.i., noting current berm impacts and anticipating greater future expenditures.
Motion made by: Mayor Duncan
Seconded by: Councilmember Downey
Consent Calendar approved with the addition of Item 8.f. and removal of Item 4.g.
Yes (5): Mayor Duncan, Councilmember Downey, Councilmember Fleming, Councilmember Purvis, and Councilmember Steward
Motion Carried
Item 4.c
December 02, 2025 City of Coronado Page 45
October 21, 2025 City of Coronado
4.a
4.b
4.c
4.d
4.e
4.f
4.h
4.i
Approval of Reading by Title and Waiver of Reading in Full of Ordinances on This Agenda
Approve the reading by title and waive the reading in full of all Ordinances on the agenda.
Approve Warrants Certified by Treasurer as Correct and Budget-Compliant for FY 2025-26
Approve the Warrants as certified by the City/Agency Treasurer.
Approval of the Minutes of the October 7, 2025 Regular and Closed Session Meetings
Approve the Minutes of the October 7, 2025 Regular and Closed Session Meetings.
Resolution Extending a Local Emergency Due to the Discovery of Caulerpa prolifera in the Coronado Cays
Adopt Resolution 2025-53 to extend the declaration of local emergency due to the discovery of Caulerpa prolifera.
Quarterly Projects Progress Report
Receive report and provide direction, as appropriate.
2025 Orange Avenue Holiday Banners
Review and approve the recommendation of the Cultural Arts Commission to use the 2024 holiday banners (3 designs) and “Stay Local” themed banners (3 designs) for the 2025 holiday banner series.
Authorize the City Manager to Execute a Purchase Agreement with Savant Solutions in the Amount not to Exceed $600,000 over Five Years to Renew Arctic Wolf Networks Cybersecurity Services and Authorize the City Manager to Execute a Terms and Conditions Agreement with Arctic Wolf Networks Authorize the City Manager to execute a purchase agreement with Savant Solutions in an amount not to exceed $600,000 for renewal of the City’s Arctic Wolf Networks cybersecurity services for an initial term of three (3) years, with options to renew for two (2) additional one (1) year terms; and authorize the City Manager to exercise renewal options for years four and five and execute a terms and conditions agreement with Arctic Wolf networks.
Authorize the City Manager to Execute Task Order Modification No. 2 to Kleinfelder, Inc. in the Amount of $127,695 for Acquisition of Required Regulatory Permits for the Seawall Stabilization and Repair Public Right of Way Project
Authorize the City Manager to execute Task Order Modification No. 2 to Kleinfelder, Inc. in the amount of $127,695 for acquisition of required regulatory permits for the Seawall Item 4.c
December 02, 2025 City of Coronado Page 46
October 21, 2025 City of Coronado
Stabilization and Repair Public Right of Way Project and provide authority to the City Manager to execute future contract modifications and change orders related to the project within the Council approved project budget.
4.j Authorize the City Manager to Execute a Task Order in an Amount Not to Exceed $700,000 with West Coast Arborist, Inc. for As-Needed Tree Trimming Services
Authorize the City Manager to execute a task order in an amount not to exceed $700,000 with West Coast Arborist, Inc. for as-needed tree trimming services.
4.g Consideration of Amendment No. 1 to Encroachment Permit E2507-004 and Associated Encroachment Maintenance and Removal Agreement for Private Improvements at 417 B Avenue
Jim Newton, Assistant Director of Public Services and Engineering, presented the staff report.
Councilmember Downey asked how setback and property line standards apply in areas without sidewalks, such as Country Club, and how those distances compare to the example on B Avenue. Mr. Newton explained that property line locations vary by street design in Country Club, but setback rules still apply, and noted that the curb-to-improvement distance on B Avenue is roughly 14 feet.
Mayor Duncan asked whether this meant Country Club homeowners could build features directly up to the curb. Mr. Newton responded that, although the distance between the curb and private property varies by street, setback requirements continue to apply and prevent construction directly at the curb line.
Dani Allen, applicant, provided comments regarding replacing a deteriorated fence, raising existing planters along the property line, and selecting materials intended to align with the home and surrounding neighborhood.
Bob Allen, applicant, provided comments regarding the project’s background, the original planter configuration, their contractor’s permitting oversight, prior City inspections, neighborhood support, and their request to retain the existing planter boxes.
Discussion ensued regarding the variation of right-of-way conditions across different blocks, the prevalence of similar planter configurations on the street, concerns about pet damage to landscaping, and whether the applicants’ planter boxes could be supported with conditions such as indemnification. Additional comments addressed potential safety issues related to sharp edges near the sidewalk, consistency with existing setback requirements, and the broader policy implications of approving unpermitted encroachments.
Item 4.c
December 02, 2025 City of Coronado Page 47
October 21, 2025 City of Coronado
Motion made by: Councilmember Fleming
Seconded by: Councilmember Purvis
Deny Amendment No. 1 to Encroachment Permit E2507-004 and associated Encroachment Maintenance and Removal Agreement for private improvements at 417 B Avenue.
Yes (4): Mayor Duncan, Councilmember Fleming, Councilmember Purvis, and Councilmember Steward
No (1): Councilmember Downey
Motion Carried
5. ORAL COMMUNICATIONS
Linda Charles provided comments regarding the request to amend the liquor license at Nicky Rottens (100 Orange Avenue).
Rena Clancy, Chamber of Commerce president, provided comments regarding the Chamber’s recent displacement, current business corridor challenges, and a request for the City to consider partnering on a physical space for continued Chamber operations.
6. CITY MANAGER/EXECUTIVE DIRECTOR
Tina Friend, City Manager, provided updates regarding upcoming Avenue of Heroes events, progress on capital and policy projects, staffing and permitting factors affecting project timelines, current sequencing of major public works efforts, upcoming work on the library facility and other key initiatives, and additional direction-driven projects such as the enclosed dog area at Cays Park.
7. PUBLIC HEARINGS
8. GENERAL BUSINESS
8.a Council Reports on Interagency Assignments
Councilmember Purvis provided updates regarding upcoming actions of the wastewater JPA, continued coordination with member agencies, succession planning efforts, and scheduled site visits related to regional water projects.
Councilmember Fleming provided updates regarding a recent Eagle Scout recognition event and participation in the Tijuana River Working Group meeting, including information on new trash boom installations.
Councilmember Downey provided updates regarding regional utility coordination efforts, long-term transit funding discussions at the MTS Board, and participation in a recent Assembly Select Committee meeting on sea-level rise held at the Winn Room.
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Councilmember Steward provided updates regarding the City’s recent Beacon Spotlight Award for sustainability, collaboration with local and regional environmental partners, and ongoing work related to shoreline preservation and coastal resiliency.
Mayor Duncan provided updates regarding participation in a recent San Diego Chamber delegation trip to Mexico City, including discussions on transboundary sewage issues and regional agency coordination.
8.b Rotary Club of Coronado 100th Anniversary Community Monument Project in Tidelands Park
Discuss, provide feedback and direct staff as appropriate regarding the “CORONADO” monument sign proposed for placement in Tidelands Park, as recommended and funded by the Rotary Club of Coronado to commemorate the club’s 100th Anniversary.
City Manager Friend presented the staff report utilizing a PowerPoint.
Natalie Bailey, President of the Rotary Club of Coronado, provided information regarding the organization’s 100th anniversary and its proposed commemorative project for the community.
Suzanne Popp provided additional information regarding the organization’s planned 100thanniversary events.
Steve Duermeyer provided historical context regarding the club’s founding, early civic engagement, and preparations for its upcoming 100th-anniversary exhibit at the Coronado Historical Association.
Bill Sandke provided a presentation regarding the proposed commemorative monument project, including its design, location, permitting with the Port of San Diego, maintenance commitments, and timeline for installation.
Councilmember Downey asked for clarification on the project’s compliance with Port requirements, and Mr. Sandke responded that all issues have been addressed and agreements reached, though the final document has not yet been signed.
Councilmember Fleming asked for clarification regarding the use of Coronado’s designated green color and related design elements, and Mr. Sandke confirmed that the project incorporates Coronado green, matches existing community fonts, and follows Port policy guidance for object approval.
Discussion ensued regarding the proposed Rotary monument project, including considerations related to location, aesthetics, maintenance, visibility from the pathway, and the temporary nature of the installation, with final consensus not to issue a letter of support from the City.
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8.c 2026 Major and Moderate Special Events
Senior Management Analyst Kelli Maples presented the staff report utilizing a PowerPoint.
Mayor Duncan asked for clarification regarding the fee waiver amounts associated with the listed events, and Ms. Maples responded that the waived amounts reflect application fees.
Councilmember Downey asked about the criteria distinguishing moderate and major events and about limits on scheduling major events on the same day, and Ms. Maples responded that event categorization depends on participant numbers, required staffing levels, and operational impacts, and clarified that the City generally avoids scheduling two major events on the same day except for limited summer exceptions.
Councilmember Downey provided comments regarding event attribution, stating that the circumnavigation activity is independent of the Fourth of July Committee and should not be treated as part of its permitted events.
Mayor Duncan asked for clarification regarding the composition of direct personnel costs for events, how those costs would be applied under different subsidy levels, and where a beer garden associated with the Liberty Celebration Swim would be located, and Ms.
Maples responded that the direct costs consist of staffing such as lifeguards and police, that both the application fee and personnel costs would be subject to the chosen reimbursement tier, and that any beer garden for the event would be situated within a designated area at Glorietta Bay Park.
Councilmember Downey asked for clarification on how fundraisers are defined within the fee structure, and Ms. Maples responded that a fundraiser is considered an event designed to generate revenue beyond covering its operational expenses.
Councilmember Purvis asked whether the Liberty Celebration Swim had previously used its approved alcohol waiver and whether other race organizers had expressed interest in beer gardens, and Ms. Maples responded that the event has not utilized the waiver, that only certain other races have inquired, and that alcohol use in Tidelands Park is restricted by municipal code to specific hours.
Discussion ensued regarding the 2026 Special Events Calendar, including the organization and presentation of requested events, the need for additional time to consider future feewaiver policy changes, and concerns about alcohol waivers for early-morning events.
Councilmembers discussed the cumulative impacts of Fourth of July activities on staffing, logistics, traffic, parking, and public safety, and considered whether the Crown City Classic should be moved off the parade date for 2026. Additional discussion included the operational safety of Bike the Bay, the value and community benefit of individual events relative to City resource demands, the accuracy of cost estimates, and the importance of communicating expectations to event organizers.
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Jamie Monroe, Race Director for the Crown City Classic, provided comments regarding the proposed date change, noting the event’s history, participant preferences, community fundraising benefits, and asking that the race remain on July 4 for 2026.
Further discussion ensued regarding the proposed date of the Crown City Classic, including acknowledgment of the community’s longstanding support for the race and recognition of the significant operational and public safety demands associated with Fourth of July activities. Comments noted the importance of balancing event traditions with staffing limitations, the potential benefits of rescheduling to reduce strain on resources, and the challenges created by past overlaps between holiday events. Consideration was given to allowing the race to remain on July 4 for 2026 while beginning planning for possible date adjustments in future years.
Motion made by: Mayor Duncan
Seconded by: Councilmember Steward
Find that the program is exempt from the provisions of CEQA based on Article 19, Section 15304(e) (minor alterations to land) which allows for temporary uses of land and events such as carnivals, seasonal sales, and parades that will have negligible or no permanent effect on the environment, and
1. Approve the 2026 Special Event Calendar and event parameters as detailed in the 2026 Event Summaries;
2. Approve the 2026 fee waivers, alcohol waivers, and facility use waivers, with the exception that the alcohol waiver for the Liberty Celebration Swim is not approved;
3. Review the Special Events fee waiver analysis and provide direction, as appropriate;
4. State, as part of this action, that it is the Council’s policy direction that future Fourth of July event approvals will not include the Crown City Classic on the same date as the Fourth of July Parade, recognizing that a future Council may revisit or modify this direction.
Councilmember Downey proposed a substitute motion:
Motion made by: Councilmember Downey
Seconded by: Councilmember Fleming
Find that the program is exempt from the provisions of CEQA based on Article 19, Section 15304(e) (minor alterations to land) which allows for temporary uses of land and events such as carnivals, seasonal sales, and parades that will have negligible or no permanent effect on the environment, and
1. Approve the events listed in the staff report, with the exception that the Crown City Classic shall be scheduled on a day other than July 4 in 2026, and that in future years the event shall not be held on the same date as the Fourth of July Parade;
2. Approve the 2026 fee waivers, alcohol waivers, and facility use waivers, with the exception that the alcohol waiver for the Liberty Celebration Swim is not approved;
3. Review the Special Events fee waiver analysis and provide direction, as appropriate.
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Motion Failed
The original motion was brought back for consideration:
Motion made by: Mayor Duncan
Seconded by: Councilmember Steward
Find that the program is exempt from the provisions of CEQA based on Article 19, Section 15304(e) (minor alterations to land) which allows for temporary uses of land and events such as carnivals, seasonal sales, and parades that will have negligible or no permanent effect on the environment, and
1. Approve the 2026 Special Event Calendar and event parameters as detailed in the 2026 Event Summaries;
2. Approve the 2026 fee waivers, alcohol waivers, and facility use waivers, with the exception that the alcohol waiver for the Liberty Celebration Swim is not approved;
3. Review the Special Events fee waiver analysis and provide direction, as appropriate;
4. State, as part of this action, that it is the Council’s policy direction that future Fourth of July event approvals will not include the Crown City Classic on the same date as the Fourth of July Parade, recognizing that a future Council may revisit or modify this direction.
Yes (4): Mayor Duncan, Councilmember Fleming, Councilmember Purvis, and Councilmember Steward
No (1): Councilmember Downey
Motion Carried
Mayor Duncan called for a recess at 6:30 p.m. Council reconvened at 6:37 p.m.
8.d Consideration of a Future Mini-Shuttle Program
Senior Planner Tricia Olsen presented the staff report utilizing a PowerPoint.
Councilmember Fleming asked for additional information regarding the geofenced microtransit model used by other agencies, and Ms. Olsen responded with an overview of how discount codes are applied through partnered rideshare apps and how subsidies are calculated for eligible trips.
Councilmember Downey asked whether the micro-transit alternatives under consideration include electric or alternative-fuel vehicles, and Ms. Olsen responded that vehicle types could be specified in an RFP for a dedicated micro-transit provider and that further research would be needed to determine whether rideshare-based options could be limited to electric vehicles.
Discussion ensued regarding options for a future micro-transit program, including vehicle Yes (2): Councilmember Downey, and Councilmember Fleming No (3): Mayor Duncan, Councilmember Purvis, and Councilmember Steward Item 4.c
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type, fare structure, service area, operational schedules, and access for minors.
Comments addressed the desire to advance Climate Action Plan goals through an electric fleet; potential funding sources such as grants, Discover Coronado, and advertising; whether a flat rider fare should be implemented; feasibility of serving the Cays; the benefits of on-demand, door-to-door service; scalable fleet sizes and hour-by-hour deployment; elimination of duplicative shuttle bus services; and whether to allow unaccompanied minors or require an age threshold. Councilmembers also discussed the need for financial sustainability, the possibility of differential resident and non-resident fares, alternatives to a call center, and the importance of reducing drunk-driving risk by providing nighttime service.
Direction was given for staff to return with options that incorporate the discussed considerations, including cost impacts and operational feasibility.
Motion made by: Mayor Duncan
Seconded by: Councilmember Fleming
Receive and accept the staff report and direct staff to prepare options and an RFP for a future microtransit program that reflects the Council’s discussion. Staff should evaluate an electric fleet; a rider fare structure (including possible resident and non-resident rates); use of advertising; door-to-door and on-demand service models; a scalable fleet sized to demand; feasible options for limited Cays service; continued service to hotel areas; replacing the summer shuttle bus; appropriate operating hours; access for minors with any needed safeguards; alternatives to a call center; and overall financial feasibility.
Yes (5): Mayor Duncan, Councilmember Downey, Councilmember Fleming, Councilmember Purvis, and Councilmember Steward
Motion Carried
8.e Introduction of an Ordinance Amending Chapter 84.10 of the Coronado Municipal Code to Implement the Historic Context Statement and Historic Resources Inventory, and Adoption of the Historic Context Statement and Historic Resources Inventory
Councilmembers Downey recused herself from the item, stating that she was in the process of submitting an application for her home to undergo the historic review process with the Historic Resource Commission. Councilmember Purvis recused herself from the item, stating that her home is designated within tier two of the Historic Resources Inventory. Both Councilmembers left the dais at 7:24 p.m.
Senior Planner Tricia Olsen presented the staff report utilizing a PowerPoint.
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Mayor Duncan asked whether adoption of the ordinance would change the review requirements for Tier One or Tier Two properties, including whether Tier Two properties would still require Historic Resource Commission review. Ms. Olsen replied that no changes would occur for Tier One or Tier Two properties, and that the only modification would be removing the 75-year review requirement for properties classified as Tier Three.
Alan Kinzel provided comments regarding support for exempting Tier Three properties from mandatory historic review based on prior evaluations, efficient use of staff resources, and minimizing delays for homeowners.
Mila Albertson provided comments regarding the possible limitations of drive-by evaluations and the potential loss of historic information or homes without more thorough review.
Debbie Geometti provided comments regarding support for moving forward with the proposed historic review policy.
Discussion ensued regarding the proposed tiered historic review system, including comments on preserving Coronado’s character, the general accuracy of the tier classifications, and the desire to ensure that historically significant Tier Three properties are not overlooked. Discussion also addressed resource constraints, the importance of maintaining a functional mandatory review program, and the need to provide clarity for homeowners. Councilmember Steward expressed support for adopting the ordinance as presented, while stating an intention to return with a Policy 9 request to revisit specific Tier Three properties identified through additional review.
Motion made by: Councilmember Fleming
Seconded by: Councilmember Steward
Adopt the Historic Context Statement and Historic Resources Inventory; and introduce Ordinance No. 2025-09, “An Ordinance of the City Council of the City of Coronado, California, amending Chapter 84.10 of the Coronado Municipal Code to implement the Historic Context Statement and Historic Resources Inventory”, and adopt the Historic Context Statement and Historic Resources Inventory.
Yes (3): Mayor Duncan, Councilmember Fleming, and Councilmember Steward Recusal (2): Councilmember Downey, and Councilmember Purvis Motion Carried
8.f Resolution to Extend a Local Emergency Declaration in the City of Coronado Due to Impacts from Cross-Border Water Pollution
Adopt Resolution 2025-54 to Extend the Local Emergency Declaration due to crossborder water pollution.
Resolution 2025-54 was adopted under the Consent Calendar.
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9. BOARD, COMMISSION, AND ADVISORY COMMITTEE REPORTS
10. CITY ATTORNEY
11. COMMUNICATIONS WRITTEN
12. ADJOURNMENT
Mayor Duncan adjourned the Regular Meeting at 7:56 p.m.
APPROVED:
John D. Duncan, Mayor of the
City of Coronado
ATTEST:
Kelsea Holian, City Clerk of the
City of Coronado
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Closed Session - Minutes of the City of Coronado City Council/ The City of Coronado Acting as the Successor Agency to the Community Development Agency of the City of Coronado
November 04, 2025 02:30 PM
Coronado City Hall Council Chamber
1825 Strand Way
Coronado, California 92118
Note: The order in which items appear in the minutes is not necessarily the order in which they were discussed in the meeting.
Present: Mayor Duncan, Councilmember Downey, Councilmember Fleming, Councilmember Purvis, and Councilmember Steward
Also Present: City Manager Friend, City Attorney Canlas, and City Clerk Holian
1. CALL TO ORDER AND ROLL CALL
The Special Closed Session Meeting of the City Council was called to order at 2:32 p.m. on November 4, 2025, in the City Council Chamber at City Hall with Mayor Duncan presiding.
Mayor Duncan recused himself from an item and left the meeting at 2:32 p.m.
Councilmember Downey joined the meeting at 2:37 p.m.
Councilmember Downey recused herself from an item and left the meeting at 3:25 p.m.
Mayor Duncan rejoined the meeting at 3:25 p.m.
2. Real Property Negotiations
Property: 5362220700
City Negotiator: Tina Friend, City Manager
Negotiating Parties: Jackins Trust
Under Negotiation: Price and Terms
No reportable action.
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3. CONFERENCE WITH LEGAL COUNSEL - ANTICIPATED LITIGATION Pursuant to Government Code Section 54956.9(d)(2)
a. One (1) of Potential Case(s)
No reportable action.
4. CONFERENCE WITH LEGAL COUNSEL – EXISTING LITIGATION
Pursuant to Government Code Section 54956.9(d)(1)
a. Clements v. City of Coronado
Case No. ADJ12058155
No reportable action.
b. Rosario Castillo v. City of Coronado, et al.
San Diego Superior Court Case No. 25CU006977C
No reportable action.
5. ORAL COMMUNICATIONS
None.
6. ADJOURNMENT
Closed Session adjourned at 3:54 p.m.
APPROVED:
John D. Duncan, Mayor of the
City of Coronado
ATTEST:
Kelsea Holian, City Clerk of the
City of Coronado
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Minutes of the City of Coronado City Council/
The City of Coronado Acting as the Successor Agency to the Community Development Agency of the City of Coronado
November 04, 2025 04:00 PM
Coronado City Hall Council Chamber
1825 Strand Way
Coronado, California 92118
Note: The order in which items appear in the minutes is not necessarily the order in which they were discussed in the meeting.
Present: Mayor Duncan, Councilmember Downey, Councilmember Fleming, Councilmember Purvis, and Councilmember Steward
Also Present: City Manager Friend, City Attorney Canlas, and City Clerk Holian
1. CALL TO ORDER AND ROLL CALL
The Regular Meeting of the City Council was called to order at 4:05 p.m. on November 4, 2025, in the City Council Chamber at City Hall with Mayor Duncan presiding.
2. PLEDGE OF ALLEGIANCE
Mayor Duncan led the Pledge of Allegiance.
3. PRESENTATIONS
3.a Presentation by California American Water for the Strand Transmission Main Replacement Project
Mark Reifer, with California American (Cal-Am) Water, presented information on the project utilizing a PowerPoint.
Councilmember Downey asked whether Caltrans directed the project’s alignment without first consulting the City, and if relocating the pipe outside the Caltrans right-of-way would reduce required CEQA mitigation. Mr. Reifer stated that Caltrans required the pipe to be placed outside its right-of-way despite the City’s stated preferences and that avoiding the state highway right-of-way should lessen CEQA mitigation requirements.
Mayor Duncan asked whether coordination with the Navy was required. Mr. Reifer confirmed that Navy representatives are reviewing the plans.
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City Manager Friend asked whether the replacement pipe maintains the same 16-inch capacity and when construction is anticipated. Mr. Reifer stated that the new pipe will match existing capacity, and that construction could begin late next year or in 2027, depending on permitting timelines.
4. CONSENT CALENDAR
Motion made by: Councilmember Steward
Seconded by: Councilmember Fleming
Consent Calendar approved with the addition of Item 8.d., appointing Dawn Dugas and Lisa Lombardo to the Civil Service Commission with terms to expire December 31, 2028.
Yes (5): Mayor Duncan, Councilmember Downey, Councilmember Fleming, Councilmember Purvis, and Councilmember Steward
Motion Carried
Councilmembers Downey and Purvis recused themselves from Item 4.d.
4.a Approval of Reading by Title and Waiver of Reading in Full of Ordinances on This Agenda
Approve the reading by title and waive the reading in full of all Ordinances on the agenda.
4.b Approve Warrants Certified by Treasurer as Correct and Budget-Compliant for FY 2024-25
Approve the Warrants as certified by the City/Agency Treasurer.
4.c Approval of the 2026 City Council Meeting Schedule
Review and approve the Regular City Council Meetings for calendar year 2026.
4.d Second Reading and Adoption of an Ordinance Amending Chapter 84.10 of the Coronado Municipal Code to Implement the Historic Context Statement and Historic Resources Inventory
Conduct the second reading and adopt Ordinance No. 2025-09, “An Ordinance of the City Council of the City of Coronado, California, amending Chapter 84.10 of the Coronado Municipal Code to implement the Historic Context Statement and Historic Resources Inventory”.
Councilmembers Downey and Purvis were recused from this item.
5. ORAL COMMUNICATIONS
Tina Christiansen provided comments regarding simplifying and strengthening the local Mills Act process to incentivize preservation of older homes and support community character.
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Jeanne Seager provided comments regarding recent ICE (U.S. Immigration and Customs Enforcement) activity in Coronado.
Sally Perley provided comments regarding her interest and qualifications for the Historic Resource Commission.
Maureen Mello provided comments regarding restoring the MTS 904 drop-off stop at Soledad and Second Street following construction, and to extend the route’s evening operating hours.
Brad Gerbel provided comments regarding the La Mesa police officer’s funeral, the Mayor’s Corner update on the Ferry Landing, and concerns related to recent ICE activity and statements made about it.
Kathy Mathis provided comments regarding changing the date of the Crown City Classic, noting its long-standing community tradition.
Laura Wilkinson Sinton provided comments regarding concerns about Port governance, including a lack of transparency in closed-session reporting and the need for oversight reforms.
Johanna Hunsaker provided comments regarding her interest and qualifications for the Historic Resource Commission.
Stephanie Kaupp provided comments regarding Mr. Gerbel’s earlier remarks and expressed support for Councilmember Steward.
Susan Keith provided comments regarding support for the proposed wording of the League of Wives Plaque.
Kevin Shaeffer provided comments regarding public statements made by local officials following recent ICE arrests in Coronado.
Robbins Kelly and Inge Cornejo provided comments regarding upcoming Coronado Main Street events.
6. CITY MANAGER/EXECUTIVE DIRECTOR
7. PUBLIC HEARINGS
8. GENERAL BUSINESS
8.a Council Reports on Interagency Assignments
Mayor Duncan provided updates regarding the Police Department’s participation in the La Mesa Police Officer funeral service and reported on recent SANDAG Board activities, including progress on the General Counsel recruitment process.
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8.b City of Coronado Public Emergency Notification Systems Fire Chief Jayson Summers presented the staff report utilizing a PowerPoint.
Councilmember Downey asked whether Alert San Diego alerts are tied to a registered address, whether Genesis zones include military areas, and whether reverse-911 still works with digital landlines. Chief Summers explained that Alert San Diego only alerts the registered Coronado address, that North Island has a designated zone though military involvement in planning is unclear, and that reverse-911 remains operational.
Mayor Duncan asked whether PulsePoint is advisable for community awareness, and Chief Summers confirmed that it is.
Councilmember Purvis asked about enrollment levels and outreach for opt-in systems. Chief Summers stated that Genesis enrollment is low statewide, Alert San Diego participation is higher but still limited, and Nixle figures must be confirmed by Police.
Councilmember Purvis asked what triggers Nixle or other alerts. Chief Summers noted that Alert San Diego is used for major life-safety threats, and Chief Connelly added that Nixle is used for police emergencies and major closures, with dispatcher workload influencing timing.
Councilmember Downey asked about past enrollment efforts and inconsistent bridge-closure messaging. Chief Connelly explained that dispatcher capacity affects issuance, and that wording has been updated to give clearer information without disclosing sensitive details.
Discussion ensued regarding the proposed emergency-notification enhancements, including the need for redundancy beyond cell-based systems, options for fixed pole-mounted alerting devices, potential costs, and how existing tools are currently used within the community. Council raised questions about overall system reliability, hardwired versus cellular dependence, alternative technologies such as drone-based alerts, and opportunities for improved public education on existing platforms.
Motion made by: Mayor Duncan
Seconded by: Councilmember Steward
Direct staff to return with information on the costs, feasibility, and operational considerations of a fixed siren-based emergency warning system, along with additional technology options to enhance emergency communication and redundancy, and to include clarification of the City’s designated public information channels during emergencies, at a time staff is prepared to present the findings.
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Yes (5): Mayor Duncan, Councilmember Downey, Councilmember Fleming, Councilmember Purvis, and Councilmember Steward
Motion Carried
8.c Coronado Ferry Landing Lease with Port of San Diego Discuss the status and future of the Coronado Ferry Landing, including the lease with the Port of San Diego, the planned redevelopment project, tenant impacts and other related matters, and provide direction as appropriate.
Tina Friend, City Manager, presented the staff report.
Mayor Duncan provided background on the City’s concerns regarding the Ferry Landing lease, recent Port actions conducted in closed session, and the lack of communication from Port leadership about future plans for the site.
Spiro Chaconas, owner of Spiro's Mediterranean Cuisine, provided comments regarding the future of his long-standing restaurant at the Ferry Landing and requested support for securing a long-term lease.
Christian Herrera, Vice President of Development and Operations for Port Coronado Associates (PCA), provided comments regarding the status of PCA’s lease negotiations with the Port, outlining PCA’s long-term efforts to secure a lease extension, redevelopment planning conducted with community and City input, and the Port’s recent decision to end negotiations and assume control of the leasehold. In response to council questions, Mr. Herrera stated that PCA previously received a draft term sheet but no substantive follow-up, confirmed PCA was informed last week that lease negotiations had been terminated, noted PCA has never been issued notices of default or missed payments, clarified that the Port had earlier encouraged exploration of a hotel concept for revenue generation, and explained that PCA holds a separate long-term lease for the Il Fornaio-adjacent pad approved for a new restaurant project.
Sharon Cloward, president of the San Diego Working Waterfront, provided comments regarding transparency concerns related to the Port’s closed-session decision on the Coronado Ferry Landing lease, noting tenant uncertainty and upcoming Port Board action.
Nancy Chaconas provided comments regarding the uncertainty of lease extensions at the Ferry Landing and requested additional time to continue operating and planning for needed investments.
Discussion ensued regarding the Port’s lack of transparency, the absence of communication with the City, and the uncertainty created for tenants and the community. Council expressed concern that the Port acted outside its own policies, emphasized the need for timely information about the lease decision and future plans for the Ferry Landing, and noted the importance of allowing adequate time for public input before any
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further Port action. Council supported sending a written request to the Port for clarification, pausing any immediate decisions, and ensuring a short-term extension or interim arrangement that protects existing businesses while long-term plans are developed. Consensus was reached to direct the Mayor and City Manager to prepare and transmit a letter to the Port reflecting the stated concerns.
8.d Report on the 2025 Free Summer Shuttle Program
Tricia Olsen, Senior Planner, presented the staff report utilizing a PowerPoint.
Councilmember Duncan asked how Cays residents are informed about Pronto pass availability. Ms.
Olsen explained that shuttle marketing includes the information, the Cays HOA notifies residents and handles distribution, and the City provides additional passes when the HOA reports low supply.
Councilmember Downey asked how Liberty Housing residents receive Pronto pass information. Ms.
Olsen stated that Liberty Housing residents did not appear to participate and that additional outreach methods may be needed.
Councilmember Fleming asked whether the City purchases all distributed passes and whether usage data on the passes exists, and whether switching to smaller minibuses would increase shuttle-program costs. Ms. Olsen confirmed that the City buys and restocks all passes through the HOA and that usage cannot be tracked because they function as standard MTS day passes and that the change is an MTS efficiency measure and is not expected to increase City costs.
Discussion ensued regarding the summer shuttle program, interest in exploring alternatives to large buses and evaluating the new smaller MTS shuttles, examining overall program cost, emissions impacts, ridership patterns, and potential sponsorship or wrap opportunities. Council further noted the value of a Fourth of July shuttle and suggested considering a hybrid model of retaining larger-capacity vehicles for major events while evaluating whether smaller shuttles or on-demand service could better serve daily needs; analyzing service frequency options, including schedules that avoid triggering state mass-transit classifications; and requested additional information on ridership from the Cays and the feasibility of using smaller vehicles to improve scale, efficiency, and community compatibility.
Council directed staff to return in the spring with a range of shuttle service options, including models using the new smaller vehicles, potential Fourth of July–only service, varied service headways, and opportunities for sponsored wraps or other cost offsets, to support an informed decision on future summer shuttle operations.
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8.e Introduction of an Ordinance Amending Coronado Municipal Code Title 2, Chapter 2.62 (Parks and Recreation Commission) and Title 52, Chapter 32 (Trees in the Public Rights-of-Way), Discussion of Appointment Process for Additional Members to the Parks and Recreation Commission, and Direction to Commission on Future Activities
Tina Friend, City Manager, presented the staff report utilizing a PowerPoint.
Discussion ensued regarding options for improving efficiency in the removal and replacement of aging pepper trees, noting continued public interest in replacing these nuisance species with approved street trees, existing procedures, including the current pepper tree replacement program, inspection requirements, and box size standards for replacement trees; and Council's interest in allowing residents to remove pepper trees at their own expense and automatically replace them with an approved species, provided all City planting, spacing, and inspection requirements are met.
Council further discussed membership criteria for the consolidated commission, preference for including members with backgrounds in trees, horticulture, landscape design, or related fields, while keeping this as a preference rather than a requirement to preserve flexibility in appointments.
Motion made by: Mayor Duncan
Seconded by: Councilmember Steward
Introduce Ordinance 2025-09 incorporating the duties of the Street Tree Committee into the Parks and Recreation Commission with revisions to the membership section to express a preference for appointing up to two members with background or experience in trees, horticulture, landscape design, or related fields; and direct staff to revise the pepper tree replacement program and applicable Street Tree Master Plan removal criteria to allow homeowner-initiated removal and replacement of parkway pepper trees, subject to City standards for species, size, irrigation, and placement, and return the revised language and implementation options to Council at a future meeting.
Yes (5): Mayor Duncan, Councilmember Downey, Councilmember Fleming, Councilmember Purvis, and Councilmember Steward
Motion Carried
8.f Consideration of up to Two Members to Serve on the Civil Service Commission
Consider appointment of up to two members to the Civil Service Commission, including current members seeking reappointment, with terms set to expire December 31, 2028.
Dawn Dugas and Lisa Lombardo were appointed to the Civil Service Commission with terms set to expire December 31, 2028 under the Consent Calendar.
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8.g Consideration of up to Two Members to Serve on the Historic Resource Commission
City Clerk Holian stated that applicant Samantha Bowman-Fleurov had rescinded her application.
Mark Warner provided comments regarding his interest and qualifications for reappointment to the Historic Resource Commission.
Following adopted City Council Policy selection process, the following action was taken:
Motion made by: Mayor Duncan
Seconded by: Councilmember Fleming
Appoint Sally Perley and Mark Warner to the Historic Resource Commission with terms expiring December 31, 2028.
Yes (5): Mayor Duncan, Councilmember Downey, Councilmember Fleming, Councilmember Purvis, and Councilmember Steward
Motion Carried
8.h Consideration of up to Three Members to Serve on the Library Board of Trustees
City Clerk Holian stated that an additional application for the position, submitted by Michelle Bolton, had been received after publication of the agenda.
Robin Franck provided comments regarding her interest and qualifications for the Library Board of Trustees.
Todd Little provided comments regarding his interest and qualifications for reappointment to the Library Board of Trustees.
Following adopted City Council Policy selection process, the following action was taken:
Motion made by: Mayor Duncan
Seconded by: Councilmember Downey
Appoint Todd Little and Robin Franck to the Library Board of Trustees for terms to expire December 31, 2028, and appoint Sharon Hall to complete a term scheduled to expire December 31, 2026.
Yes (5): Mayor Duncan, Councilmember Downey, Councilmember Fleming, Councilmember Purvis, and Councilmember Steward
Motion Carried
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8.i. Consideration of up to Two Members to Serve on the Planning and Design Commission
Following adopted City Council Policy selection process, the following action was taken:
Motion made by: Mayor Duncan
Seconded by: Councilmember Purvis
Appoint Edry Goot and Scott Metzger to the Planning and Design Commission with terms expiring December 31, 2028.
Yes (5): Mayor Duncan, Councilmember Downey, Councilmember Fleming, Councilmember Purvis, and Councilmember Steward
Motion Carried
8.j Motion for Renewed Deliberation on the League of Wives Statue Signage - Policy #9 Request
Councilmembers Purvis and Steward introduced the item and gave background on the request.
Discussion ensued regarding the proposed revision to the plaque language, including clarification of the names listed, the intent to recognize prominent local women connected to the Stockdale circle, and the desire to include broader acknowledgment of Coronadans with loved ones who were MIA or POW during the Vietnam War. Council discussed the proposed language, the rationale for including or omitting certain individuals, and formatting options.
Motion made by: Councilmember Steward
Seconded by: Councilmember Purvis
Select centered plaque text that presents the six names alphabetized top-to-bottom, left-to-right, and includes the inclusive concluding phrase recognizing all Coronadans whose loved ones were MIA or POW during the Vietnam War.
Yes (5): Mayor Duncan, Councilmember Downey, Councilmember Fleming, Councilmember Purvis, and Councilmember Steward
Motion Carried
9. BOARD, COMMISSION, AND ADVISORY COMMITTEE REPORTS
10. CITY ATTORNEY
11. COMMUNICATIONS WRITTEN
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Page
10 12. ADJOURNMENT
Mayor Duncan adjourned the Regular Meeting at 8:20 p.m.
APPROVED:
John D. Duncan, Mayor of the
City of Coronado
ATTEST:
Kelsea Holian, City Clerk of the
City of Coronado
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November 18, 2025 City of Coronado
Closed Session - Minutes of the City of Coronado City Council/ The City of Coronado Acting as the Successor Agency to the Community Development Agency of the City of Coronado
November 18, 2025 03:15 PM
Coronado City Hall Council Chamber
1825 Strand Way
Coronado, California 92118
Note: The order in which items appear in the minutes is not necessarily the order in which they were discussed in the meeting.
Present: Mayor Duncan, Councilmember Downey, Councilmember Fleming, Councilmember Purvis, and Councilmember Steward
Also Present: City Manager Friend, City Attorney Canlas, and City Clerk Holian
1. CALL TO ORDER AND ROLL CALL
The Special Closed Session Meeting of the City Council was called to order at 3:15 p.m. on November 18, 2025, in the City Council Chamber at City Hall with Mayor Duncan presiding.
2. CONFERENCE WITH LEGAL COUNSEL - ANTICIPATED LITIGATION Pursuant to Government Code Section 54956.9(d)(2)
a. One (1) of Potential Case(s)
No reportable action.
3. ORAL COMMUNICATIONS
None.
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4. ADJOURNMENT
Closed Session adjourned at 3:50 p.m.
APPROVED:
John D. Duncan, Mayor of the
City of Coronado
ATTEST:
Kelsea Holian, City Clerk of the
City of Coronado
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November 18, 2025 City of Coronado
Minutes of the City of Coronado City Council/
The City of Coronado Acting as the Successor Agency to the Community Development Agency of the City of Coronado
November 18, 2025 04:00 PM
Coronado City Hall Council Chamber
1825 Strand Way
Coronado, California 92118
Note: The order in which items appear in the minutes is not necessarily the order in which they were discussed in the meeting.
Present: Mayor Duncan, Councilmember Downey, Councilmember Fleming, Councilmember Purvis, and Councilmember Steward
Also Present: City Manager Friend, City Attorney Canlas, and City Clerk Holian
1. CALL TO ORDER AND ROLL CALL
The Regular Meeting of the City Council was called to order at 4:03 p.m. on November 18, 2025 in the City Council Chamber at City Hall with Mayor Duncan presiding.
2. PLEDGE OF ALLEGIANCE
Mayor Duncan led the Pledge of Allegiance.
3. PRESENTATIONS
3.a Turkey Coloring Contest
Stacy Berman, Recreation Supervisor, provided information about the contest. Mayor Duncan and the City Council presented the awards as follows:
Kindergarten and First Grade Entries:
Third Place: Remi Degree
Second Place: Jake Lehner
First Place: Faye Castillo
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Second and Third Grade Entries:
Third Place: Jose Rahmane
Second Place: William Burns
First Place: Aiden Rhea
Fourth and Fifth Grade Entries:
Third Place: Maddie Worthington
Second Place: Adeline Nelson
First Place: Ave Lehner
4. CONSENT CALENDAR
Motion made by: Councilmember Downey
Seconded by: Councilmember Fleming
Approve the recommended actions on the consent calendar.
Yes (5): Mayor Duncan, Councilmember Downey, Councilmember Fleming, Councilmember Purvis, and Councilmember Steward
Motion Carried
4.a Approval of Reading by Title and Waiver of Reading in Full of Ordinances on This Agenda
Approve the reading by title and waive the reading in full of all Ordinances on the agenda.
4.b Approve Warrants Certified by Treasurer as Correct and Budget-Compliant for FY 2025-26
Approve the Warrants as certified by the City/Agency Treasurer.
4.c Approval of Holiday Time Off for Employees During December 2025 Consistent with Prior Years
Authorize up to nine hours of additional leave to City employees in conjunction with the Christmas or New Year’s holiday as in past years.
5. ORAL COMMUNICATIONS
Mayor Duncan explained public comment procedures, noting First Amendment limitations, the requirement that speakers address the Council rather than the audience, the prohibition on audience interruptions, and that repeat disruptions may result in removal and a temporary adjournment.
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Connie Spitzer provided comments regarding facility rental rates for Coronado-based nonprofit organizations and the accessibility of Community Center fees.
Kaylee Lindsey, President of Emerald Keepers, provided comments regarding Climate Action Plan implementation, emissions tracking, and strategies for accelerating local climate action.
Robbins Kelly and Inge Cornejo, representing Coronado Main Street, provided comments regarding the upcoming Shop Small Saturday event and local business participation.
Charles Nelson, Jr. provided comments regarding traffic circulation and U-turn activity near H Street during school drop-off and pick-up times.
Mila Albertson provided comments regarding recent traffic control efforts following a signal outage and curb-painting needs related to visibility at intersections.
Carolyn Rogerson provided comments regarding public discourse surrounding law enforcement, the importance of fact-gathering before commentary, and civic responsibility.
6. CITY MANAGER/EXECUTIVE DIRECTOR
Tina Friend, City Manager, provided updates regarding school-area traffic safety coordination with CUSD, operational preparedness and multi-department response during the recent storm event, assistance provided to the Navy during vessel emergencies at Silver Strand, and upcoming followup on emergency management communications and technology options.
7. PUBLIC HEARINGS
8. GENERAL BUSINESS
8.a Council Reports on Interagency Assignments
Councilmember Fleming reported on attendance at the “Take a Vet to School” event and participation in a Caltrans-led tour of the Coronado Bridge to review planned safety improvements associated with the Suicide Prevention Project.
Councilmember Purvis reported on the recent SDMAC Military Impact Study rollout event and the ribbon-cutting ceremony for the newly completed Cays Park Playground.
Councilmember Downey reported on participation in the SDMAC Military Impact Study event, including the City’s recognition for supporting the study, as well as updates from the Community Choice Aggregation subcommittee regarding ongoing analysis and upcoming public outreach efforts.
Councilmember Steward provided updates from the Cal Cities Coastal Leadership Working Group, attendance at regional green building and environmental policy events.
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Mayor Duncan reported on recent coordination with Caltrans regarding the bridge suicideprevention and seismic-retrofit projects, ongoing regional and federal engagement on transboundary sewage issues, and upcoming interagency meetings related to cross-border environmental improvements.
8.b Resolutions Approving Second Amended and Restated Regional Wastewater Disposal Agreement (SARA)
Councilmember Purvis provided background on the agreement as part of her work with the Metro Wastewater JPA.
Adriana Ochoa, JPA General Counsel, presented information on the agreements utilizing a PowerPoint.
Motion made by: Councilmember Fleming
Seconded by: Mayor Duncan
Adopt Resolution 2025-55 approving the second amended and restated Regional Wastewater Disposal Agreement and Resolution 2025-56 approving Metropolitan Sewerage System Administrative Agreement No. 1 for unified management of industrial waste discharge pretreatment and enhanced source control.
Yes (5): Mayor Duncan, Councilmember Downey, Councilmember Fleming, Councilmember Purvis, and Councilmember Steward
Motion Carried
8.c Review of Recreation Fee Schedule and Recreation Facility Use Policy Implementation Outcomes
Receive a report on the outcomes of the Recreation Fee Schedule and Recreation Facility Use Policy modified in 2024, and provide input to staff on proposed refinements to be returned to a future City Council meeting for action.
Tim Farmer, Recreation and Golf Services Director, presented the staff report utilizing a PowerPoint.
Councilmember Downey asked whether nonresident fee caps apply only to limited-capacity programs, whether nonprofits now have unlimited access to meeting rooms when space is available, and how insurance requirements work for park and beach vendors. Mr. Farmer responded that fee caps apply only to programs needing help meeting minimum enrollment, that nonprofits may use rooms without annual limits when space is available, and that permittees must ensure vendors carry required insurance and licenses, with certain highrisk vendors already preapproved by the City.
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Councilmember Steward asked whether sports-field renters should be required to post signage to address Cays parking impacts. Mr. Farmer responded that signage is currently required only for the large annual soccer events but can be added for other groups when impacts warrant.
Mayor Duncan asked whether boathouse hours could be extended and whether Tennis Center reservations during staffed hours could avoid requiring walk-on youth to pay. Mr.
Farmer responded that extended boathouse hours have historically seen very low use and that liability-waiver options for walk-on youth can be explored, though usage data is not yet available.
Councilmember Fleming asked how booking-window flexibility operates under the proposed 45-day rule. Mr. Farmer responded that reservations normally require at least 45 days’ notice, but the director or designee may approve exceptions for simple events when space is available.
Councilmember Downey asked whether renters may purchase insurance through the City and whether application fees can be credited toward permit costs. Mr. Farmer responded that renters may buy insurance through the City at cost and that application fees for nonresident and commercial users will be applied to the final reservation fee.
Discussion ensued regarding the Recreation Fee Schedule and Facility Use Policy, including cost-recovery targets, the structure and rationale of proposed fees, the frequency of future fee reviews, and the use of CPI for annual adjustments, resident access, subsidization levels, historical gaps in fee updates, and alignment with similar models such as the skate park. Councilmembers noted support for the overall approach, the importance of periodic review to avoid long lapses, and ensuring that fees remain transparent, defensible, and consistent with community use goals. Direction was provided to proceed with the recommended framework and incorporate CPI adjustments with a five-year comprehensive review.
8.d Adoption of an Ordinance Amending Coronado Municipal Code Title 2, Chapter 2.62 (Parks and Recreation Commission) and Title 52, Chapter 32 (Trees in the Public Rights-of-Way) to implement the consolidation of the Street Tree Committee and the Parks and Recreation Committee; adoption of a Resolution repealing Resolution No. 7266 which established the Street Tree Committee; and, consideration of revisions to the Street Tree Master Plan Tina Friend, City Manager, presented the staff report utilizing a PowerPoint.
Mayor Duncan asked about progress on the pepper-tree removal program, whether homeowners may remove trees themselves if desired, and whether staff can share each tree’s position in the removal queue and its health status. Art Valdivia, Public Services Manager of Parks, Beach, & Urban Forestry, stated that removals are tracked separately for pepper trees in an expedited list, that staff can inform homeowners of their queue position and tree condition, and that residents may choose to proceed with private removal if City removal is not imminent.
Councilmember Purvis asked whether the policy should specify that the City removes Item 4.c
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pepper trees in poor condition at City cost and that homeowners bear removal and replacement costs only for trees in fair or good condition. City Manager Friend confirmed that this clarification can be added to the internal policy without affecting the ordinance.
Councilmember Purvis asked why the City installs 15-gallon replacement trees while residents sometimes install larger box sizes. Mr. Valdivia explained that 15-gallon trees are planted during Arbor Day when staff can monitor establishment, while larger box trees are used for out-of-season individual replacements that require less follow-up.
Councilmember Fleming asked whether residents “can” or “will” be required to purchase larger replacement trees through the City’s contractor. Mr. Valdivia stated that residents may purchase trees through the contractor but may also buy from another nursery at their discretion.
Councilmember Downey asked how additional species may be added to the approved tree list in the future. Mr. Valdivia stated that proposed species are typically reviewed through the Parks and Recreation Commission, tested in limited locations, and brought forward when appropriate.
Mila Albertson provided comments regarding the timing and visual impacts of replacing multiple pepper trees on a single block and whether replacement trees would need to match to maintain a cohesive streetscape.
Discussion ensued regarding the Street Tree Master Plan update, including replacement procedures for declining pepper trees, coordination with residents, and the expected variability of canopy development over time, the condition of existing street trees, the City’s practice of working with property owners on appropriate species selection, and the anticipated transition from aging peppers to approved canopy trees in phases rather than all at once. Councilmembers discussed the removal of non-canopy species such as Queen Palms from the approved list, the City’s long-term goal of expanding and strengthening the urban tree canopy, and the growth rate and canopy contribution of 36-inch box replacements. Further discussion ensued regarding voluntary removal requests, cost responsibilities based on tree condition, opportunities for residents to expedite removals at their own expense, the need to clarify program language to reflect these distinctions, clarifications regarding program capacity, annual replacement limits, and procedures for property-initiated removals. Consensus was reached to modify the pepper tree replacement language to specify that the City is to fund removal of trees in poor condition unless the property owner elects to expedite work, and to incorporate the clarified direction into the revised documents.
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Motion made by: Councilmember Downey
Seconded by: Mayor Duncan
(1) Adopt Ordinance 2025-10 incorporating the duties of the Street Tree Committee into the Parks and Recreation Commission and enacting other refinements. (2) Adopt a Resolution repealing Resolution No. 7266, which established the Street Tree Committee.
(3) Adopt the revisions to the Street Tree Master Plan, including the Brazilian and California Pepper Tree Replacement Program, the approved street tree and experimental tree lists, and the tree removal guidelines, incorporating the Council’s amendments that modify the cost-responsibility language in the Pepper Tree Replacement Program so that property owners are responsible for removal and replacement costs only when a tree is in fair or good condition, while the City covers costs when a tree is in poor condition unless a property owner elects to expedite removal ahead of the City’s scheduled program; and clarify that property owners who choose to advance removal of a poor-condition tree ahead of the City’s replacement timeline will be responsible for those costs; and direct the Parks and Recreation Commission to complete a holistic review and update of the Street Tree Master Plan and return with recommendations for Council approval. (4) Find that adoption of the ordinance and associated amendments is exempt from CEQA because the actions constitute administrative updates to the City’s street tree program involving maintenance, permitting, and minor alterations of existing public facilities; qualify under the Class 1 (§15301) and Class 2 (§15302) exemptions for maintenance and in-kind replacement; qualify under the Class 7 (§15307) and Class 8 (§15308) exemptions for actions taken to protect and enhance natural resources.
Yes (5): Mayor Duncan, Councilmember Downey, Councilmember Fleming, Councilmember Purvis, and Councilmember Steward
Motion Carried
8.e Climate Action Plan Update
Receive report and authorize staff to release a Request for Proposals for consultant support to prepare a Climate Action Plan Update by 2027.
Rich Grunow, Community Development Director, presented the staff report utilizing a PowerPoint.
Councilmember Steward asked whether making certain permits free increased participation in solar, heat pump, or graywater installations. Mr. Grunow stated that state policy changes and expiring federal tax credits have sharply reduced rooftop-solar demand and that applications for other sustainability technologies remain low regardless of fee waivers.
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Councilmember Fleming asked for a cost estimate for a CAP update and whether state law already requires rooftop solar on new homes. Mr. Grunow confirmed that an update would likely cost under $100,000 and that rooftop solar is required on all newly constructed residences under state building codes.
Mayor Duncan asked about the City’s cost for “free tree” distribution events. Mr. Grunow estimated the total cost for both events at roughly $20,000 or less.
City Manager Friend clarified that ongoing climate-related projects would continue regardless of when the CAP update occurs.
Karen Rogers, Emerald Keepers Board, provided comments regarding the Climate Action Plan update, expressing concern about the cost and timing of a consultant-led update and encouraging near-term implementation actions.
Mila Albertson provided comments regarding energy-efficiency measures and green-roof practices used at other facilities, encouraging consideration of similar strategies for local schools and new development.
Discussion ensued regarding Coronado’s Climate Action Plan, the timing of a future plan update, and the relative value of pursuing immediate, high-impact implementation measures, and noted the need to prioritize actions that meaningfully reduce emissions including municipal rooftop solar installations, participation in a Community Choice Aggregation program, and targeted transportation initiatives such as micro-transit pilots and EV charging infrastructure.
Further discussion ensued regarding workload considerations for staff, the importance of understanding cost benefit outcomes prior to committing to major capital projects, and the need to balance environmental goals with other essential City operational and infrastructure needs. Council noted interest in advancing practical steps already underway, including the upcoming library roof project, ongoing assessment of future EV charging locations, evaluation of a micro-transit program, and continued work on CCA feasibility.
Consensus was reached to pause issuance of an RFP for a CAP update, allow ongoing initiatives to continue, request that staff return with a focused list of near-term, high-impact actions modeled on successful regional examples, and continue advancing current environmental projects.
9. BOARD, COMMISSION, AND ADVISORY COMMITTEE REPORTS
10. CITY ATTORNEY
11. COMMUNICATIONS WRITTEN
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12. ADJOURNMENT
Mayor Duncan adjourned the Regular Meeting at 7:15 p.m.
APPROVED:
John D. Duncan, Mayor of the
City of Coronado
ATTEST:
Kelsea Holian, City Clerk of the
City of Coronado
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CITY COUNCIL STAFF REPORT
Accept a Donation of $1,000 for the League of Wives Memorial Plaque
RECOMMENDATION
Accept a donation of $1,000 from Susan Keith to support the League of Wives Memorial plaque and bench project.
BACKGROUND
On October 7, 2025, the City Council reviewed the League of Wives Memorial plaque and bench project in Star Park and provided direction on plaque wording and bench location to commemorate the local women involved in the League of Wives movement.
Following that meeting, community member and former City Councilmember Susan Keith visited City Hall to present a donation of $1,000 in support of the project.
ANALYSIS
Acceptance of this donation will help offset project costs associated with the installation of the League of Wives Memorial plaque and bench. If approved, the City will send a letter of appreciation and acknowledgment to Ms. Keith.
FISCAL IMPACT
There is a positive fiscal impact of $1,000, which will help offset costs associated with the League of Wives Memorial plaque and bench project, estimated at $25,000 - $32,000.
ALTERNATIVE
The Council may choose to not accept the donation.
CALIFORNIA ENVIRONMENTAL QUALITY ACT
This action is not subject to CEQA.
PUBLIC NOTICE
No public notice is required for this item.
ATTACHMENTS
None.
Submitted By: City Manager's Office / K. Maples
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CITY COUNCIL STAFF REPORT
Received and File the Annual Comprehensive Financial Report (ACFR) for the Year Ending June 30, 2025
RECOMMENDATION
Receive and file the City of Coronado Annual Comprehensive Financial Report for the year ending June 30, 2025.
BACKGROUND
City staff prepared the Annual Comprehensive Financial Report (ACFR), reporting on the financial condition of the City as of June 30, 2025, 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 2, 2025, 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 provides a general overview and summary of the results and required supplemental information for the year ended June 30, 2025. 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 three 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 their 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 protected from loss, theft, Item 4.e
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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, 2025, 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 assess the City’s accounting and internal control procedures, and second to test 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, 2025, 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) 2024-25 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, 2025. 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, 2025
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 / Madeline Smith
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Fiscal Year 2024/2025
ANNUAL
COMPREHENSIVE
FINANCIAL REPORT
CITY OF CORONADO
CALIFORNIA
Attachment 1
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CITY OF CORONADO, CALIFORNIA
ANNUAL COMPREHENSIVE FINANCIAL REPORT
WITH AUDIT REPORT BY
INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
YEAR ENDED JUNE 30, 2025
PREPARED AND PRESENTED BY:
THE DEPARTMENT OF ADMINISTRATIVE SERVICES
John Kim, Director of Administrative Services
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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 ……………………………………………………………………………………………21 Statement of Activities ………………………………………………………………………………………………22 Fund Financial Statements:
Balance Sheet - Governmental Funds ………………………………………………………………………………24 Reconciliation of the Balance Sheet of Governmental Funds to the Statement of Net Position ……………………………………………………………………………………25 Statement of Revenues, Expenditures and Changes in Fund Balances - Governmental Funds …………………………………………………………………………………………………26 Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities …………………………………. 27 Statement of Net Position - Proprietary Funds ………………………………………………………………………29 Statement of Revenues, Expenses and Changes in Fund Net Positions - Proprietary Funds ……………………………………………………………………………………………………30 Statement of Cash Flows - Proprietary Funds ………………………………………………………………………31 Statement of Fiduciary Net Position - Fiduciary Funds ………………………………………………………………33 Statement of Changes in Fiduciary Net Position - Fiduciary Funds …………………………………….. 34 Notes to the Financial Statements ……………………………………………………………………………………35
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, 2025
TABLE OF CONTENTS
Attachment 1
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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 ………………………………………………………………………………………………………127 Net Position by Component Last Ten Fiscal Years ……………………………………………………………………128 Changes in Net Position Last Ten Fiscal Years ............................................................................................... 130 Governmental Activities Tax Revenues by Source Last Ten Fiscal Years ..................................................................135 Fund Balances of Governmental Funds Last Ten Fiscal Years ...................................................................... 136 Changes in Fund Balances of Governmental Funds Last Ten Fiscal Years .................................................... 138 Assessed Value of Taxable Property Last Ten Fiscal Years ....................................................................... 140 Property Tax Rates – Direct and Overlapping Governments (Per $100 of Assessed Value) Last Ten Fiscal Years …………………………………………………………………142 Principal Property Taxpayers Based on Gross Assessed Values Current Year and Nine Years Ago ................................................................................................................................143 Attachment 1
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STATISTICAL SECTION (CONTINUED)
General Property Tax Levies and Collections Last Ten Fiscal Years ................................................................. 144 Schedule of Debt Ratios Last Ten Fiscal Years ...........................................................................145 Schedule of Direct and Overlapping Debt, June 30, 2025 ....................................................................... 146 Schedule of Legal Debt Margin, June 30, 2025 ...................................................................................... 147 Pledged Revenue Coverage Storm Drain Revenue Bonds
Last Ten Fiscal Years ........................................................................................................................................... 148 Demographic and Economic Statistics Last Ten Fiscal Years ......................................................................... 149 Principal Employers by Employee Size June 30, 2025 and June 30, 2016 ..................................................................150 Full – Time and Part – Time City Employees Last Ten Fiscal Years .......................................................... 151 Operating Indicators by Function Last Ten Fiscal Years ............................................................................... 152 Capital Asset Statistics by Function Last Ten Fiscal Years ……………………………………………………………154 Attachment 1
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November 19, 2025
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, 2025.
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, has issued an unmodified opinion of the fair presentation of the City of Coronado’s financial statements for the fiscal year ended June 30, 2025.
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 22,000 living in approximately 9,600 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
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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 2,100 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 5.8% in fiscal year 2024-25 compared to fiscal year 2023-24. Property tax, sales tax, and transient occupancy tax (TOT) revenues are the City’s three largest revenue sources and account for 78% of total 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, 2025, the City has 43 capital projects underway and has appropriated funds for 4 new capital projects in fiscal year 2025-26. Only the City Council has the authority to increase total appropriations within any fund, subject to the Attachment 1
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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 2025-26, the Council committed $40.7 million of the general fund balance for responding to unforeseen emergencies, economic downturns, and operating cash flow purposes, $4.0 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, thereby avoiding 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 $3,980,799 as of June 30, 2025. In June 2015, the City prefunded a $5 million contribution to the Safety Pension Plan, reducing the Safety pension liability and resulting 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 $18,976,375 as of June 30, 2025.
Major Initiatives
The City’s commitment for Fiscal Year 2025-26 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. Significant construction progress for the Parker Pump Station joint stormwater and wastewater facility, for completion in 2026.
Continued progress on the Historic Survey and Context Statement. Ongoing work on the Downtown Beautification Project.
Enhancements 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. Establish a citywide Information Technology steering committee to guide proper allocation of resources, stakeholder engagement, and risk mitigation in the City’s continued process improvement efforts.
Strengthen the City’s safety program by reestablishing the Safety Committee and modernizing the Injury and Illness Prevention Program (IIPP) to promote and maintain a safe and healthy workplace.
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Continued work on the Community Risk Study to evaluate the City’s geography, demographics, and projected future fire and emergency medical needs. Development of a long-term capital project funding and expenditure strategy for future capital improvement projects.
Continued advocacy efforts to the Federal Government to prioritize and address crossborder 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
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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
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CITY OF CORONADO
LISTING OF ELECTED & APPOINTED OFFICIALS
As of June 30, 2025
ELECTED OFFICIALS
John Duncan
Mayor
Mark Fleming Kelly Purvis
Council Member Council Member
Carrie Downey Amy Steward
Council Member Council Member
APPOINTED OFFICIALS
Tina Friend
City Manager
Johanna Canlas
City Attorney
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CITY OF CORONADO
FINANCIAL SECTION
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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, 2025, and the related notes to the financial statements, which collectively comprise the City’s basic financial statements as listed in the table of contents.
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, 2025, 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.
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.
Emphasis of Matter
As described further in Notes 8 and 22 to the financial statements, during the year ended June 30, 2025, the City implemented Governmental Accounting Standards Board (GASB) Statement No. 101, Compensated Absences and had other restatements. As a result, the beginning net position has been restated. Our opinion is not modified with respect to these matters.
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.
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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 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 2 Attachment 1
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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.
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, 2025 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, 2025
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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, 2025. 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, 2025, by $379 million (net position). Of this amount, $155 million (unrestricted net position) may be used to meet the government’s ongoing obligations to residents and creditors. The City’s overall revenue was $115 million compared to expenses of $100 million, resulting in an increase in net position of $15 million.
The City’s Governmental Activities total outstanding long-term debt at June 30, 2025, was $82 million, which is consistent with the prior year. The City's deferred inflows at June 30, 2025, were $2 million, $1 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 $174,000. At June 30, 2025, committed, assigned, and unassigned fund balance for the general fund was $112 million, or 149% 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, 2025, 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.
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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 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
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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 fund. 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, 2025 and 2024.
(in thousands)
2025 2024 2025 2024 2025 2024
Current assets $ 218,585 $ 217,535 $ 42,794 $ 31,299 $ 261,379 $ 248,834 Noncurrent assets:
Capital assets 129,048 128,890 66,868 57,434 195,916 186,324 Total assets 347,633 346,425 109,662 88,733 457,295 435,158 Total deferred
outflows of resources 20,677 28,498 1,246 1,418 21,923 29,916 Current liabilities 7,472 6,114 2,702 2,132 10,174 8,246 Noncurrent liabilities 82,432 82,547 4,425 4,725 86,857 87,272 Total liabilities 89,904 88,661 7,127 6,857 97,031 95,518 Total deferred
inflows of resources 1,982 3,022 1,411 2,176 3,393 5,198 Net position:
Invested in capital assets 128,834 128,507 66,864 57,421 195,698 185,928 Restricted 28,172 41,575 - - 28,172 41,575
Unrestricted 119,418 113,158 35,506 23,697 154,924 136,855 Total net position $ 276,424 $ 283,240 $ 102,370 $ 81,118 $ 378,794 $ 364,358 Statement of Net Position
June 30, 2025 and 2024
Governmental Activities Business-Type Activities Totals 7 Attachment 1
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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 activities 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 2024-25, the City’s total net position increased from $364 million to $379 million, an increase of 4.0%. The increase is attributable to continued increases in the property and sales tax revenues.
On June 30, 2025, the City’s assets and deferred outflows of resources exceeded liabilities and deferred inflows of resources by $379 million. The total amount of capital assets (i.e., land, buildings, infrastructure, and equipment) increased by $9.6 million from FY 2023-24 as addition to capital assets exceeded depreciation and deletion. Approximately 52% of the City’s net position is invested in capital assets. As of June 30, 2025, 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, 7%, 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.
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MANAGEMENT’S DISCUSSION
THE CITY OF CORONADO AND ANALYSIS
At the end of FY 2024-25, the remaining balance of net position, which is unrestricted, is $155 million. The unrestricted portion of the net position comprises $119 million and $36 million in governmental and business-type activities, respectively. Unrestricted funds normally represent assets that are not otherwise restricted for any specific purpose and not specifically invested in capital assets.
The following table shows the summary of the City’s activities and the components that caused the City’s net position to increase:
2025 2024 2025 2024 2025 2024
Revenues:
Program Revenues
Charges for Services 7,424$ 6,930$ 15,543$ 15,791$ 22,967$ 22,721$ Operating Grants & Contributions 6,299 4,529 - - 6,299 4,529 Capital Grants & Contributions 1,095 291 - - 1,095 291
General Revenues
Property Tax 44,301 41,875 - - 44,301 41,875
Transient Occupancy Tax 20,848 21,358 - - 20,848 21,358 Sales & Use Tax 5,110 4,875 - - 5,110 4,875
Other Taxes 1,866 2,193 - - 1,866 2,193
Use of Money and Property 9,800 9,298 2,524 3,047 12,324 12,345 Other 605 152 - - 605 152
Total Revenues 97,348 91,501 18,067 18,838 115,415 110,339 Expenses:
General Government 17,701 15,695 - - 17,701 15,695
Public Safety 34,889 32,564 - - 34,889 32,564
Construction & Maintenance 16,354 15,963 - - 16,354 15,963 Culture & Leisure 13,277 12,340 - - 13,277 12,340
Planning & Building 3,278 3,783 - - 3,278 3,783
Housing 6 7 - - 6 7
Wastewater - - 7,863 8,143 7,863 8,143
Golf - - 4,536 4,310 4,536 4,310
Storm Drain - - 2,175 3,659 2,175 3,659
Total Expenses 85,505 80,352 14,574 16,112 100,079 96,464 Increase (Decrease) in Net
Position Before Transfers 11,843 11,149 3,493 2,726 15,336 13,875 Transfers (16,800) (12,851) 16,800 12,851 - -
Change in Net Position (4,957) (1,702) 20,293 15,577 15,336 13,875 Net Position, July 1, as restated 281,381 284,942 82,077 65,541 363,458 350,483 Net Position, June 30, 276,424$ 283,240$ 102,370$ 81,118$ 378,794$ 364,358$ Statement of Activities
For the fiscal year ended June 30, 2025 and 2024
(in thousands)
Governmental Activities Business-Type Activities Totals 9 Attachment 1
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MANAGEMENT’S DISCUSSION
THE CITY OF CORONADO AND ANALYSIS
Governmental Activities: Overall, revenues for the year ending June 30, 2025, increased by $5.1 million, or 4.6%. The following is a list of notable changes compared to the prior year:
Operating Grants & Contributions increased by $1.8 million. This increase is primarily due to one-time reimbursement from insurance and from FEMA for COVID and public safety related expenses.
Property Tax revenue increased by $2.4 million, which resulted from a $776 million or
6.5% increase in the City’s assessed value of taxable properties during FY 2024-25 compared to the prior year.
Transient Occupancy Tax (TOT) revenue decreased by $510,000 due to ongoing major renovations at one of the hospitality properties; revitalizing and modernizing a building and its several hundred guestrooms and event spaces. The project was completed in June 2025.
Total expenses increased by $3.6 million, or 3.7%. The following are the notable changes compared to the prior year:
General Government increased by $2.0 million. The most notable changes were due to increases in scheduled salary increases and pension plan contribution rates, decreased personnel vacancies, and increases in election and legal expenses, as well as investments in capital projects.
Public safety increased by $2.3 million primarily due to an increase in the safety pension plan’s contribution rates, scheduled salary increases, reimbursable grant expenditures, and decreases in personnel vacancies.
Culture & Leisure increased by $900,000 primarily due to increased spending on new recreational programs and activities, scheduled salary increases, and decrease in personnel vacancies.
Wastewater and Storm Drain combined decreased by $1.8 million, as some of the ongoing major capital maintenance projects are heading toward completion. 10 Attachment 1
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THE CITY OF CORONADO AND ANALYSIS
The following chart compares governmental activities’ program revenues with expenses for all functions.
Business-Type Activities: During FY 2024-25, the net position for business-type activities increased by $21 million to $102 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. $17,701
$34,889
$13,277
$16,354
$3,278
$6
$4,124
$2,581
$3,351
$3,396
$1,282
$84
$- $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, 2025
(in thousands)
Expenses Program Revenues
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MANAGEMENT’S DISCUSSION
THE CITY OF CORONADO AND ANALYSIS
As of June 30, 2025, the City’s governmental funds reported combined ending fund balances of $210 million, an increase of $174,000 in comparison with the prior year. Of this amount, $53 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 ($5 million); 2) restricted for particular purposes ($48 million); 3) committed for particular purposes ($41 million); or 4) assigned for particular purposes ($63 million).
The following chart compares the fund balance for the General Fund in the current and prior fiscal years.
$5,517
$35,107 $37,814
$20,904
$43,019
$4,893
$21,222
$41,140
$17,990
$53,361
$0
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
Nonspendable Restricted Committed Assigned Unassigned
General Fund
Components of Fund Balance
June 30, 2024 and 2025
(in thousands)
FY 2023-24 FY 2024-25
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MANAGEMENT’S DISCUSSION
THE CITY OF CORONADO AND ANALYSIS
The General Fund, which is the chief operating fund of the City, at June 30, 2025, had a total fund balance of $139 million, a decrease of $4 million from FY 2024-25. 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 71% of total general fund expenditures, while total fund balance represents 184% of that same amount.
In the other governmental funds, all fund balances are assigned ($45 million) or restricted ($26 million) for particular purposes. The following chart compares fund balance in other governmental funds in the current and prior fiscal years.
NonSpendable Restricted Committed Assigned Unassigned
General Fund (624,527)$ $ (13,885,129) 3,326,000$ $ (2,914,461) $ 10,342,294 $ (3,755,823) Capital Projects - - - 1,072,484 - 1,072,484
Other Governmental Funds (369) 2,857,927 - - - 2,857,558 (624,896)$ $ (11,027,202) 3,326,000$ $ (1,841,977) $ 10,342,294 $ 174,219 Net Change in
Fund Balance
Governmental Funds Increase / (Decrease) in Fund Balances in FY 2024-25 Compared to FY 2023-24
$19
$23,501
$-
$44,006
$19 $-
$26,359
$-
$45,078
$-
$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, 2024 and 2025
(in thousands)
FY 2023-24 FY 2024-25
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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, 2025
(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 $ 1.1 million increase in revenue was primarily due to better-than-expected performance results from transient occupancy taxes. Adjustments to the General Fund expenditure budget were $4.0 million, including personnel, professional services, and construction expenses.
Final budget compared to actual results: In the General Fund, revenues exceeded projections by $9.2 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 a higher investment base and related earnings. In the General Fund, expenditures were under budget in most functional areas. This was primarily due to decreasing but continuing vacancies, which led to delays in some 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, 2024,
as restated
Changes in
Net Position
Net Position
June 30, 2025
Wastewater $ 66,210 $ 19,436 $ 85,646
Golf 10,624 1,881 12,505
Storm Drain 5,243 (1,025) 4,218
Total $ 82,077 $ 20,292 $ 102,369
Investment in
Capital Assets
Unrestricted
Net Position
Total Net
Position
Wastewater $ 56,099 $ 29,547 $ 85,646
Golf 4,175 8,330 12,505
Storm Drain 6,590 (2,372) 4,218
Total $ 66,864 $ 35,505 $ 102,369
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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 slightly decreased by $415,000 during Fiscal Year 2024-25. The overall decrease is primarily due to reductions in Net Pension Liability and Net OPEB Liability. The table below provides a comparison of the ending balances on June 30, 2024, and 2025. 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, 2025, total $196 million (net of accumulated depreciation). This investment includes land, art and collections, buildings, improvements other than buildings, infrastructure, and vehicles equipment, and leases. The net change in capital assets for the current fiscal year was $9.6 million, an increase of 5%. The increase in 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.
Capital Assets
(net of accumulated depreciation)
(in thousands)
2025 2024 2025 2024 2025 2024
Compensated Absences $ 4,401 $ 3,111 $ 231 $ 189 $ 4,632 $ 3,300 Claims and Judgments 11,242 11,283 - - 11,242 11,283
Leases and SBITA 215 383 4 13 219 396
Net Pension Liability 62,987 63,963 3,733 4,037 66,720 68,000 Net OPEB Liability 3,587 3,808 457 485 4,044 4,293
Totals $ 82,432 $ 82,548 $ 4,425 $ 4,724 $ 86,857 $ 87,272 Governmental
Activities
Business-Type
Activities: Total
2025 2024 2025 2024 2025 2024
Land $ 33,127 $ 33,127 $ - $ - $ 33,127 $ 33,127
Art and Collections 2,413 1,829 - - 2,413 1,829
Construction in
Progress 4,372 6,870 30,512 19,828 34,884 26,698
Buildings 42,477 43,805 2,983 3,116 45,460 46,921
Improvements Other
Than Buildings 16,400 12,433 19,760 20,541 36,160 32,974 Infrastructure 23,233 24,380 7,261 7,504 30,494 31,884
Vehicles and
Equipment 6,815 6,064 6,306 6,389 13,121 12,453
Equipment Under
Lease 211 382 48 57 259 439
Totals $ 129,048 $ 128,890 $ 66,870 $ 57,435 $ 195,918 $ 186,325 Governmental
Activities Business-Type Activities: Total
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MANAGEMENT’S DISCUSSION
THE CITY OF CORONADO AND ANALYSIS
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 2025-26 budget.
Assessed valuation growth estimate, which drives property tax growth for Fiscal Year 2025-26, was 4.4%. Assessed values in Coronado continue to trend upward, which accounts for the tax base.
Revenue from TOT and sales tax is projected to recover as the major renovation at one of the hospitality properties was completed in June 2025, placing several hundred guestrooms and event facilities in service for FY 2025-26. TOT is budgeted at $22 million, slightly higher than FY 2024-25 actual of $20.8 million, but slightly below the $22.7 million collected in FY 2022-23, the last full year before the renovation began. 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 pressures are also stabilizing, the impacts of tariffs and industry-specific conditions are contributing to sustained increases across a wide array of expenditures, particularly 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 2024-25, 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 $19.0 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 2025-26. These and other strategies for managing pension costs continue to be a high priority of the City. The General Fund minimum reserve requirement established by City Council policy was increased for FY 2025-26 to $45.2 million, an increase of 10% from the reported amount for FY 2024-25. The reserve requirement is committed to be used: 1) in the event of needed emergency response and/or economic downturns ($40.7 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, 2025, totals $53 million and is projected to remain stable during FY 2025-26, as revenues and expenditures are expected to remain balanced. The City’s FY 2025-26 Budget is available online at the City’s website. 16 Attachment 1
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MANAGEMENT’S DISCUSSION
THE CITY OF CORONADO AND ANALYSIS
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
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CITY OF CORONADO
BASIC FINANCIAL STATEMENTS
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CITY OF CORONADO
STATEMENT OF NET POSITION
JUNE 30, 2025
Governmental
Activities
Business-Type
Activities Total
ASSETS:
Cash and investments $ 185,898,951 $ 43,199,858 $ 229,098,809 Restricted cash and investments - section 115 trust 18,976,375 - 18,976,375 Accounts, grants and taxes receivable 4,938,141 2,696,781 7,634,922 Notes receivable 7,586,827 499,831 8,086,658
Interest receivable 5,492,097 - 5,492,097
Allowance for uncollectible receivables (10,908,075) - (10,908,075) Leases receivable 1,150,447 1,579,016 2,729,463
Loans to Successor Agency 46,696 - 46,696
Internal balances 5,182,031 (5,182,031) -
Prepaid items 221,078 - 221,078
Capital assets not being depreciated 39,912,697 30,511,667 70,424,364 Capital assets, net of accumulated depreciation 89,135,711 36,356,776 125,492,487 TOTAL ASSETS 347,632,976 109,661,898 457,294,874
DEFERRED OUTFLOWS OF RESOURCES:
Deferred items related to pensions 19,002,908 1,034,255 20,037,163 Deferred items related to OPEB 1,674,304 211,411 1,885,715 TOTAL DEFERRED OUTFLOWS OF RESOURCES 20,677,212 1,245,666 21,922,878 LIABILITIES:
Accounts payable 6,248,921 2,701,559 8,950,480
Unearned revenue 824,790 - 824,790
Deposits payable 398,374 - 398,374
Noncurrent liabilities:
Long-term liabilities due within one year 4,804,029 138,639 4,942,668 Long-term liabilities due in more than one year:
Lease and SBITA payable 49,492 - 49,492
General, claims & compensated absences 11,004,371 96,646 11,101,017 Net pension liability 62,987,078 3,733,414 66,720,492
Net OPEB liability 3,586,825 456,693 4,043,518
TOTAL LIABILITIES 89,903,880 7,126,951 97,030,831
DEFERRED INFLOWS OF RESOURCES:
Deferred items related to pensions 675,717 - 675,717
Deferred items related to OPEB 255,331 32,243 287,574
Deferred items related to leases 1,051,129 1,378,544 2,429,673 TOTAL DEFERRED INFLOWS OF RESOURCES 1,982,177 1,410,787 3,392,964 NET POSITION:
Net investment in capital assets 128,833,753 66,864,183 195,697,936 Restricted for:
Housing 1,002,068 - 1,002,068
Public safety 233,943 - 233,943
Culture & leisure 11,381,174 - 11,381,174
Construction & maintenance 4,590,018 - 4,590,018
Planning & building 1,939,771 - 1,939,771
City transportation 7,353,067 - 7,353,067
Public, Educational and Governmental (PEG) fees 760,573 - 760,573 Hotel Del Coronado master plan 848,088 - 848,088
Library endowment:
Expendable 45,079 - 45,079
Nonexpendable 18,732 - 18,732
Unrestricted 119,417,865 35,505,643 154,923,508
TOTAL NET POSITION $ 276,424,131 $ 102,369,826 $ 378,793,957 Primary Government
See Notes to the Financial Statements
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December 02, 2025 City of Coronado Page 118
CITY OF CORONADO
STATEMENT OF ACTIVITIES
YEAR ENDED JUNE 30, 2025
Expenses Charges for Services
Operating
Contributions and
Grants
Capital Contributions
and Grants
Functions/Programs
Primary Government:
Governmental Activities:
General government $ 17,700,600 $ 3,081,824 $ 1,042,413 $ - Public safety 34,889,444 475,024 2,106,061 -
Construction and maintenance 16,354,472 609,240 1,646,805 1,095,109 Culture and leisure 13,277,210 1,892,470 1,503,640 -
Planning and building services 3,278,260 1,281,824 - -
Housing 5,864 84,000 - -
Total Governmental Activities 85,505,850 7,424,382 6,298,919 1,095,109 Business-Type Activities:
Wastewater Utility 7,862,995 9,223,624 - -
Golf Course 4,535,940 5,670,620 - -
Storm Drain 2,174,923 649,014 - -
Total Business-Type Activities 14,573,858 15,543,258 - - Total Primary Government $ 100,079,708 $ 22,967,640 $ 6,298,919 $ 1,095,109 Net position beginning of the year, as restated
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, as previously reported Net Position at End of Year
Transfers
Restatement - implementation of GASB 101
Restatement - correction of error
See Notes to the Financial Statements
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December 02, 2025 City of Coronado Page 119
Governmental
Activities
Business-Type
Activities Total
$ (13,576,363) $ - $ (13,576,363)
(32,308,359) - (32,308,359)
(13,003,318) - (13,003,318)
(9,881,100) - (9,881,100)
(1,996,436) - (1,996,436)
78,136 - 78,136
(70,687,440) - (70,687,440)
- 1,360,629 1,360,629
- 1,134,680 1,134,680
- (1,525,909) (1,525,909)
- 969,400 969,400
(70,687,440) 969,400 (69,718,040)
44,301,320 - 44,301,320
20,847,749 - 20,847,749
5,109,771 - 5,109,771
1,372,071 - 1,372,071
494,109 - 494,109
9,800,260 2,523,212 12,323,472
604,797 - 604,797
(16,800,000) 16,800,000 -
65,730,077 19,323,212 85,053,289
(4,957,363) 20,292,612 15,335,249
283,240,063 81,117,456 364,357,519
(883,820) (15,129) (898,949)
(974,749) 974,887 138
281,381,494 82,077,214 363,458,708
$ 276,424,131 $ 102,369,826 $ 378,793,957
Net (Expenses) Revenues and Changes in Net Position
Primary Government
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December 02, 2025 City of Coronado Page 120
CITY OF CORONADO
BALANCE SHEET
GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2025
$ 114,537,155 $ 45,219,022 $ 26,142,774 $ 185,898,951
Restricted cash and investments - section 115 trust 18,976,375 - - 18,976,375 4,596,612 - 341,529 4,938,141
829,796 - 6,757,031 7,586,827
748,501 - 4,743,596 5,492,097
Allowance for uncollectible receivables (207,449) - (10,700,626) (10,908,075) 1,150,447 - - 1,150,447
46,696 - - 46,696
Advances to other funds 4,002,669 - - 4,002,669
Due from other funds 1,188,006 - - 1,188,006
221,078 - - 221,078
$ 146,089,886 $ 45,219,022 $ 27,284,304 $ 218,593,212
Liabilities, Deferred Inflows and Fund Balances:
$ 5,299,425 $ 140,531 $ 808,965 $ 6,248,921
781,433 - 43,357 824,790
Deposits payable 352,338 - 46,036 398,374
Due to other funds - - 8,644 8,644
6,433,196 140,531 907,002 7,480,729
Deferred Inflows of Resources:
Deferred items related to leases 1,051,129 - - 1,051,129 1,051,129 - - 1,051,129
4,892,790 - 18,732 4,911,522
21,221,586 - 26,358,570 47,580,156
41,140,000 - - 41,140,000
17,989,993 45,078,491 - 63,068,484
53,361,192 - - 53,361,192
138,605,561 45,078,491 26,377,302 210,061,354
Total Liabilities, Deferred Inflows and Fund Balances $ 146,089,886 $ 45,219,022 $ 27,284,304 $ 218,593,212 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.
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December 02, 2025 City of Coronado Page 121
CITY OF CORONADO
RECONCILIATION OF THE BALANCE SHEET OF GOVERNMENTAL FUNDS
TO THE STATEMENT OF NET POSITION
JUNE 30, 2025
Fund balances of governmental funds $ 210,061,354
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. 129,048,408
Deferred outflows related to:
Pension 19,002,908
OPEB 1,674,304 20,677,212
Long-term liabilities, compensated absences, and net pension & OPEB liabilities that have not been included in the governmental fund activity:
Claims liability (11,241,823)
Lease and SBITA liability (214,655)
Compensated absences (4,401,414)
Net pension liability (62,987,078)
Net OPEB liability (3,586,825) (82,431,795)
Deferred inflows related to:
Pension (675,717)
OPEB (255,331) (931,048)
Net position of governmental activities $ 276,424,131
See Notes to the Financial Statements.
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December 02, 2025 City of Coronado Page 122
CITY OF CORONADO
STATEMENT OF REVENUES, EXPENDITURES,
AND CHANGES IN FUND BALANCES
GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2025
General Fund
$ 72,617,667 $ - $ - $ 72,617,667
754,154 - - 754,154
1,475,796 - 2,690,299 4,166,095
4,952,723 - 2,021,403 6,974,126
6,819,242 1,798,093 1,344,559 9,961,894
337,472 - - 337,472
2,540,435 - 351,181 2,891,616
564,031 - 65,081 629,112
90,061,520 1,798,093 6,472,523 98,332,136
Current:
16,034,721 - - 16,034,721
30,923,906 - 83,405 31,007,311
13,605,842 - 768,650 14,374,492
9,542,022 - 946,144 10,488,166
2,997,326 - 5,864 3,003,190
2,227,234 2,225,609 1,810,902 6,263,745
Debt service:
Principal 167,975 - - 167,975
Interest and fiscal charges 18,317 - - 18,317
75,517,343 2,225,609 3,614,965 81,357,917
14,544,177 (427,516) 2,857,558 16,974,219
- 1,500,000 - 1,500,000
(18,300,000) - - (18,300,000)
(18,300,000) 1,500,000 - (16,800,000)
(3,755,823) 1,072,484 2,857,558 174,219
Fund balance beginning of the year 142,361,384 44,006,007 23,519,744 209,887,135 $ 138,605,561 $ 45,078,491 $ 26,377,302 $ 210,061,354
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.
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December 02, 2025 City of Coronado Page 123
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, 2025
Net change in fund balances - total governmental funds $ 174,219 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 5,228,192
Depreciation expense (5,040,988)
Disposal of capital assets (28,447) 158,757
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. 41,092 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. (406,351)
Principal payment on long-term debt 167,976
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. (4,638,165)
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. (298,561)
Change in net position of governmental activities $ (4,957,363) See Notes to the Financial Statements
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CITY OF CORONADO
STATEMENT OF NET POSITION
PROPRIETARY FUNDS
JUNE 30, 2025
Wastewater Utility
Golf
Course
Storm
Drain Totals
Assets:
Current:
Cash and investments $ 34,064,691 $ 9,130,887 $ 4,280 $ 43,199,858 Accounts, grants and taxes receivable 2,467,014 227,596 2,171 2,696,781 Total Current Assets 36,531,705 9,358,483 6,451 45,896,639 Noncurrent:
Leases receivable - 1,579,016 - 1,579,016
Notes receivable - 499,831 - 499,831
Capital assets not being depreciated 30,511,667 - - 30,511,667 Capital assets - net of accumulated depreciation 25,586,914 4,179,724 6,590,138 36,356,776 Total Noncurrent Assets 56,098,581 6,258,571 6,590,138 68,947,290 Total Assets 92,630,286 15,617,054 6,596,589 114,843,929 Deferred Outflows of Resources:
Deferred items related to pensions 390,924 472,715 170,616 1,034,255 Deferred items related to OPEB 67,954 105,705 37,752 211,411 Total Deferred Outflows of Resources 458,878 578,420 208,368 1,245,666 Liabilities:
Current:
Accounts payable and accrued liabilities 2,219,381 250,238 231,940 2,701,559 Due to other funds - - 1,179,362 1,179,362
Accrued compensated absences 46,811 69,701 17,867 134,379 Lease payable - 4,260 - 4,260
Total Current Liabilities 2,266,192 324,199 1,429,169 4,019,560 Noncurrent:
Advances from other funds 3,562,854 - 439,815 4,002,669 Accrued compensated absences 46,300 34,646 15,700 96,646 Net pension liability 1,410,834 1,706,385 616,195 3,733,414 Net OPEB liability 146,161 230,122 80,410 456,693
Total Noncurrent Liabilities 5,166,149 1,971,153 1,152,120 8,289,422 Total Liabilities 7,432,341 2,295,352 2,581,289 12,308,982 Deferred Inflows of Resources:
Deferred items related to OPEB 10,364 16,120 5,759 32,243 Deferred items related to leases - 1,378,544 - 1,378,544 Total Deferred Inflows of Resources 10,364 1,394,664 5,759 1,410,787 Net Position:
Net investment in capital assets 56,098,581 4,175,464 6,590,138 66,864,183 Unrestricted 29,547,878 8,329,994 (2,372,229) 35,505,643 Total Net Position $ 85,646,459 $ 12,505,458 $ 4,217,909 $ 102,369,826 Business-Type Activities - Enterprise Funds
See Notes to the Financial Statements.
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December 02, 2025 City of Coronado Page 126
CITY OF CORONADO
STATEMENT OF REVENUES, EXPENSES
AND CHANGES IN NET POSITION
PROPRIETARY FUNDS
YEAR ENDED JUNE 30, 2025
Wastewater Utility
Golf
Course
Storm
Drain Totals
Operating Revenues:
Sewer user charges $ 6,314,953 $ - $ - $ 6,314,953
Navy sewer charges 1,520,091 - - 1,520,091
Reimbursements 1,388,580 - - 1,388,580
Green fees - 5,100,059 - 5,100,059
Rents and concessions - 499,159 - 499,159
Storm drain charges - - 649,014 649,014
Miscellaneous - 71,402 - 71,402
Total Operating Revenues 9,223,624 5,670,620 649,014 15,543,258 Operating Expenses:
Operations:
Personnel services 1,491,962 1,919,431 697,209 4,108,602 Utilities 289,370 1,607,221 49,298 1,945,889
Maintenance and repair 3,063,836 281,144 105,041 3,450,021 Administration 466,602 291,180 1,562 759,344
Contract services 1,273,580 112,463 1,049,686 2,435,729 Depreciation 1,187,733 323,715 252,396 1,763,844
Total Operating Expenses 7,773,083 4,535,154 2,155,192 14,463,429 Operating Income (Loss) 1,450,541 1,135,466 (1,506,178) 1,079,829 Nonoperating Revenues (Expenses):
Interest revenue (loss) 1,775,402 545,536 1,262 2,322,200 Lease revenue - 201,012 - 201,012
Interest expense (89,912) (786) (19,731) (110,429)
Total Nonoperating Revenues (Expenses) 1,685,490 745,762 (18,469) 2,412,783 Income (Loss) Before Transfers 3,136,031 1,881,228 (1,524,647) 3,492,612 Transfers in 16,300,000 - 500,000 16,800,000
Total Transfers 16,300,000 - 500,000 16,800,000
Changes in Net Position 19,436,031 1,881,228 (1,024,647) 20,292,612 Net position beginning of the year 65,948,256 10,015,088 5,154,112 81,117,456 Restatement - Implementation of GASB 101 (Note 22) (6,248) (7,895) (986) (15,129) Restatement - Error Correction (Note 22) 268,420 617,037 89,430 974,887 Net position beginning of the year, as restated 66,210,428 10,624,230 5,242,556 82,077,214 Net Position End of Fiscal Year $ 85,646,459 $ 12,505,458 $ 4,217,909 $ 102,369,826 Business-Type Activities - Enterprise Funds
See Notes to the Financial Statements.
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December 02, 2025 City of Coronado Page 127
CITY OF CORONADO
STATEMENT OF CASH FLOWS
PROPRIETARY FUNDS
YEAR ENDED JUNE 30, 2025
Wastewater
Utility
Golf
Course
Storm
Drain Totals
Cash Flows from Operating Activities:
Cash received from customers and users $ 7,722,026 $ 5,650,619 $ 647,872 $ 14,020,517 Cash received from other operating activities - 54,591 - 54,591 Cash paid to suppliers for goods and services (4,422,222) (2,432,381) (1,167,165) (8,021,768) Cash paid to employees for services (1,385,594) (1,809,770) (635,550) (3,830,914) Net Cash Provided (Used) by Operating Activities 1,914,210 1,463,059 (1,154,843) 2,222,426 Cash Flows from Non-Capital Financing Activities:
Principal paid on advances from other funds (281,189) - (334,744) (615,933) Interest paid on advances from other funds (89,912) - (19,731) (109,643) Transfer in from other funds 16,300,000 - 500,000 16,800,000 Cash received from other funds - - 1,179,362 1,179,362
Net Cash Provided (Used) by Non-Capital Financing Activities 15,928,899 - 1,324,887 17,253,786 Cash Flows from Capital and Related Financing Activities:
Acquisition and construction of capital assets (10,738,196) (320,108) (167,906) (11,226,210) Disposal of capital assets 27,912 - - 27,912
Principal paid on advances from other funds (14,300,000) - - (14,300,000) Proceeds from lease revenues - 175,380 - 175,380
Principal paid on lease liability - (9,104) - (9,104)
Interest paid on leases - (786) - (786)
Net Cash Provided (Used) by Capital and Related Financing Activities (25,010,284) (154,618) (167,906) (25,332,808) Cash Flows from Investing Activities:
Interest received 1,775,402 545,536 1,262 2,322,200
Net Cash Provided (Used) by Investing Activities 1,775,402 545,536 1,262 2,322,200 Net Increase (Decrease) in Cash and Cash Equivalents (5,391,773) 1,853,977 3,400 (3,534,396) Cash and Cash Equivalents at Beginning of Year 39,456,464 7,276,910 880 46,734,254 Cash and Cash Equivalents at End of Year $ 34,064,691 $ 9,130,887 $ 4,280 $ 43,199,858 Reconciliation of Operating Income (Loss) to Net Cash Provided (Used) by Operating Activities:
Operating income (loss) $ 1,450,541 $ 1,135,466 $ (1,506,178) $ 1,079,829 Adjustments to reconcile operating income (loss) to net cash provided (used) by operating activities:
Depreciation expense 1,187,733 323,715 252,396 1,763,844 (Increase) decrease in accounts receivable (1,501,598) (20,001) (1,142) (1,522,741) (Increase) decrease in notes receivable - 54,591 - 54,591 (Increase) decrease in deferred outflows from pensions 124,678 146,969 65,745 337,392 (Increase) decrease in deferred outflows from OPEB 15,255 23,730 8,475 47,460 Increase (decrease) in accrued liabilities 671,166 (140,373) 38,422 569,215 Increase (decrease) in compensated absences 13,581 (6,755) 19,693 26,519 Increase (decrease) in deferred inflows from pensions (9,226) (11,154) (4,024) (24,404) Increase (decrease) in deferred inflows from OPEB 5,845 9,092 3,248 18,185 Increase (decrease) in net pension liability (34,784) (38,250) (26,488) (99,522) Increase (decrease) in net OPEB liability (8,981) (13,971) (4,990) (27,942) Total Adjustments 463,669 327,593 351,335 1,142,597
Net Cash Provided (Used) by Operating Activities $ 1,914,210 $ 1,463,059 $ (1,154,843) $ 2,222,426 Noncash Investing, Capital and Financing Activities:
Forgiveness of advance $ 14,300,000 $ - $ - $ 14,300,000 Fair value of investment $ 51,230 $ 13,776 $ - $ 65,006 Business-Type Activities - Enterprise Funds
See Notes to the Financial Statements.
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CITY OF CORONADO
STATEMENT OF FIDUCIARY NET POSITION
FIDUCIARY FUNDS
JUNE 30, 2025
Private Purpose
Trust Fund
Successor Agency of
the Former
Community
Development Agency
Assets:
Cash and investments $ 30,316,864
Interest receivable 169,883
Land 20,083,920
Total Assets 50,570,945
Liabilities:
Interest payable 711,030
Long-term liabilities:
Due in one year 8,957,328
Due in more than one year 42,056,786
Total Liabilities 51,725,144
Deferred Inflows of Resources:
Deferred charges on refunding 609,510
Total Deferred Inflows of Resources 609,510
Net Position:
Held in trust for other purposes (1,763,709)
Total Net Position (Deficit) $ (1,763,709)
See Notes to the Financial Statements.
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December 02, 2025 City of Coronado Page 130
CITY OF CORONADO
STATEMENT OF CHANGES IN FIDUCIARY NET POSITION
FIDUCIARY FUNDS
YEAR ENDED JUNE 30, 2025
Private Purpose
Trust Fund
Successor Agency
of the Former
Community
Development
Agency
Additions:
Taxes $ 22,412,577
Interest revenue 646,541
Changes in fair value of investments 146,974
Total Additions 23,206,092
Deductions:
Contractual services 367,883
Interest expense 1,219,853
Total Deductions 1,587,736
Changes in Net Position 21,618,356
Net position (deficit) beginning of the year (23,382,065) Net Position (Deficit) - End of the Year $ (1,763,709)
See Notes to the Financial Statements.
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December 02, 2025 City of Coronado Page 131
CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED JUNE 30, 2025
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.
35 Attachment 1
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December 02, 2025 City of Coronado Page 132
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. 36 Attachment 1
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December 02, 2025 City of Coronado Page 133
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. 37 Attachment 1
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December 02, 2025 City of Coronado Page 134
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. 38 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 135
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”. 39 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 136
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. 40 Attachment 1
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December 02, 2025 City of Coronado Page 137
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.
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.
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
41 Attachment 1
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December 02, 2025 City of Coronado Page 138
CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 1: REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES (Continued):
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.
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 difference in proportionate share, 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. 42 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 139
CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 1: REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES (Continued):
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 2024-25, 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, 2023
Measurement Date (MD) June 30, 2024
Measurement Period (MP) July 1, 2023, to June 30, 2024
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.
43 Attachment 1
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NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 1: REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES (Continued):
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, 2024
Measurement Period July 1, 2023, to June 30, 2024
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.
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.
44 Attachment 1
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NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 1: REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES (Continued):
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. 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. 45 Attachment 1
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NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 1: REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES (Continued):
• 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. 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, 2025, the amount of the commitment for emergency response and economic stabilization totals $36,640,000
• Future Capital Project – For fiscal year 2024-25, 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. 46 Attachment 1
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NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 1: REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES (Continued):
• Historic Preservation – For fiscal year 2024-25, 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 2024-25.
3) If the actual amount of Current Property Tax Revenues, in any subsequent year to fiscal year 2024-25, is less than the highest amount of Current Property Tax Revenues over the previous ten-year period.
o. Net Position:
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.” 47 Attachment 1
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NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 1: REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES (Continued):
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
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.
48 Attachment 1
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CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 1: REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES (Continued):
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.
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. 49 Attachment 1
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NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 1: REPORTING ENTITY AND SIGNIFICANT ACCOUNTING POLICIES (Continued):
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.
Note 2: CASH AND INVESTMENTS
Cash and investments at June 30, 2025, are reported in the accompanying basic financial statements as follows:
Cash and investments at June 30, 2025, consisted of the following:
Deposits:
At June 30, 2025, the carrying amount of the City’s demand deposits was $4,721,628 and the bank balances were $4,409,815. The $311,813 difference represents outstanding checks, deposits in transit, and other reconciling items.
$ 12,400
4,721,628
273,658,020
$ 278,392,048
Demand accounts
Petty Cash
Investments
Total Cash and Investments
Governmental
Activities
Business-Type
Activities
Fiduciary
Funds Total Fair Value
Cash and investments $ 185,898,951 $ 43,199,858 $ 30,316,864 $ 259,415,673 Restricted cash and investments 18,976,375 - - 18,976,375 Total Cash and Investments $ 204,875,326 $ 43,199,858 $ 30,316,864 $ 278,392,048 50 Attachment 1
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CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 2: CASH AND INVESTMENTS (Continued):
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.
Maximum
Amount or Maximum
Maximum Percentage Investment
Authorized Investment Type Maturity Allowed in One Issuer U.S. TreasuryBills, 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%
51 Attachment 1
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CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 2: CASH AND INVESTMENTS (Continued):
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.
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:
Investment Type
12 Months
or Less
1 to 2
Years
3 to 5
Years Total
Local Agency Investment Funds $ 71,813,191 $ - $ - $ 71,813,191 CAMP JPA Pool 85,914,498 - - 85,914,498
U.S. Treasury Securities 20,028,383 - - 20,028,383
Money Market Mutual Funds 17,296,517 - - 17,296,517
Certificates of Deposit 51,444,130 - - 51,444,130
Mutual Funds 18,976,375 - - 18,976,375
San Diego Investment Pool 8,184,926 - - 8,184,926
Total $ 273,658,020 $ - $ - $ 273,658,020
Remaining Maturity
52 Attachment 1
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CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 2: CASH AND INVESTMENTS (Continued):
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. There are no investments that represent 5% or more of the total City’s investments.
Exempt from
Investment Disclosure AAA
Local Agency Investment Funds $ 71,813,191 N/A $ - $ - $ 71,813,191 CAMP JPA Pool 85,914,498 N/A - 85,914,498 -
U.S. Treasury Securities 20,028,383 N/A 20,028,383 - -
Money Market Mutual Funds 17,296,517 AAA - 17,296,517 - Certificates of Deposit 51,444,130 N/A - - 51,444,130
Mutual Funds 18,976,375 N/A - - 18,976,375
San Diego Investment Pool 8,184,926 N/A - 8,184,926 -
Total $ 273,658,020 $ 20,028,383 $ 111,395,941 $ 142,233,696 Total
Minimum
Legal Unrated
53 Attachment 1
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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, 2025.
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, 2025, the City’s two combined LAIF accounts proportionate fair value share in the pool was $71,813,191. This total represents $41,497,632 pooled for the City and $30,315,559 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. 54 Attachment 1
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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, 2025:
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NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 2: CASH AND INVESTMENTS (Continued):
Note 3: NOTES RECEIVABLE:
The notes receivable at June 30, 2025, consisted of the following:
Investment Type Totals Level 2
Investments by Fair Value Level:
Certificate of Deposits $ 51,444,130 $ 51,444,130
U.S. Treasury Securities 20,028,383 20,028,383
Total Investments by Fair Value Level 71,472,513 71,472,513 Other Investments:
Local Agency Investment Funds 71,813,191 -
CAMP JPA Pool 85,914,498 -
San Diego Investment Pool 8,184,926 -
Money Market Mutual Funds 17,296,517 -
Mutual Funds (115 Irrevocable Trust) 18,976,375 -
Total Investments Not Measured at Fair Value 202,185,507 - Total Investments $ 273,658,020 $ 71,472,513
Governmental Activities:
Lifeline Business Loans $ 829,796
CATPAH 681,459
Tilaro and Day Trust 427,242
Novak 9,291
Silent Second Loans 529,654
CIHC Sr. Housing Loan - 550 Orange Ave. 1,661,823
CIHC LMIH Loan - 525 Orange Ave. 1,082,722
SDIHC LMIH Loan - Orange Villas 1,564,840
CIHC Building Loan - 525 Orange Ave. 800,000
7,586,827
Business-Type Activities:
Feast and Fareway Loan 499,831
Total Notes Receivable $ 8,086,658
56 Attachment 1
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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, 2025, are $829,796. Management estimated that 25% of these loans will not be collected and reported $207,449 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, 2025, the present value for the receivable increased to $681,459.
57 Attachment 1
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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, 2025, the present value of the receivable increased to $427,242.
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, 2025, the present value of the receivable increased to $9,291.
58 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 155
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, 2025, the present value of the receivable increased to $529,654.
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.
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.
59 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 156
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, 2025, the present value of the loan receivable and accrued interest (at 3.00%) had increased to $1,661,823 and $1,957,191, 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 CIHC was recorded as an expenditure. A loan receivable from CIHC 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, 2025, the present value of the loan receivable and accrued interest (at 3.00%) had increased to $1,082,722 and $1,059,301, 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.
60 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 157
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, 2025, the present value of the loan receivable and accrued interest (at 3.00%) had increased to $1,564,840 and $1,220,516, 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, 2025, the loan receivable balance was unchanged while accrued interest was $506,588.
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. 61 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 158
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, 2025, the loan receivable balance had decreased to $499,831 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, 2025, the loan receivable balance was $46,696. For details on the loans to the Successor Agency, see Note 19.
Note 5: LEASES RECEIVABLE:
Governmental Activities
As of June 30, 2025, 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 $66,949. The balance of the lease receivable at June 30, 2025 is $1,150,447. 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, 2025 is $1,051,129.
Business-type Activities
As of June 30, 2025, 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 $83,741.
62 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 159
CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 5: LEASES RECEIVABLE (Continued):
The balance of the lease receivable at June 30, 2025 is $1,579,016. 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, 2025 is $1,378,544.
Note 6: INTER-FUND TRANSACTIONS:
Due To/From Other Funds:
Current interfund receivables and payables are the result of short-term borrowings at June 30, 2025.
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.
During the fiscal year, the City Council authorized the forgiveness of an interfund advance previously made to the Wastewater Enterprise Fund in the amount of $14,300,000. The original advance was provided to support capital-related expenditures within the Wastewater Enterprise Fund.
Funds - Reported Due from Funds - Reported Due to Amount General Fund Federal and State Grants $ 8,644
General Fund Storm Drain Enterprise Fund 1,179,362
Total $ 1,188,006
Funds - Reported
Advances to
Funds - Reported
Advances from Amount
General Fund Storm Drain Enterprise Fund 439,815 $
General Fund Wastewater Enterprise Fund 3,562,854
Total $ 4,002,669
63 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 160
CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 6: INTER-FUND TRANSACTIONS (Continued):
Inter-fund Transfers:
The $1,500,000 was transferred from the General Fund to the Capital Projects Fund to provide working capital and funding for capital projects. The $16,300,000 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.
Transfers
Out
Transfers In: General Fund
Capital Projects Fund 1,500,000 $
Wastewater Utility 16,300,000
Storm Drain 500,000
Total $ 18,300,000
64 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 161
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, 2025, is as follows:
Balance Balance
June 30, 2024 Additions (Deletions) June 30, 2025
Governmental Activities:
Capital Assets Not Being Depreciated:
Land $ 33,127,316 -$ -$ 33,127,316 $
Art and collections 1,828,898 584,100 2,412,998 -
Construction in progress 6,870,406 2,535,552 (5,033,575) 4,372,383 Total Capital Assets Not Being Depreciated 41,826,620 3,119,652 (5,033,575) 39,912,697 Capital Assets Being Depreciated:
Buildings 69,143,634 - 69,143,634 -
Improvements other than buildings 22,315,928 5,033,576 27,349,504 - Infrastructure 57,006,620 - 57,006,620 -
Vehicles and equipment 20,061,976 2,108,539 (789,506) 21,381,009 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 169,241,099 7,142,115 (789,506) 175,593,708 Less Accumulated Depreciation:
Buildings 25,338,508 1,328,254 26,666,762 -
Improvements other than buildings 9,883,335 1,065,837 10,949,172 - Infrastructure 32,626,680 1,146,527 33,773,207 -
Vehicles and equipment 13,997,884 1,328,881 (761,059) 14,565,706 Right to use assets - vehicles and equipment 26,533 19,111 - 45,644 Right to use assets - subscriptions 305,128 152,378 - 457,506 Total Accumulated Depreciation 82,178,068 5,040,988 (761,059) 86,457,997 Net Capital Assets Being Depreciated 87,063,031 2,101,127 (28,447) 89,135,711 Net Capital Assets - Governmental Activities 128,889,651 $ $ 5,220,779 (5,062,022)$ $ 129,048,408 65 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 162
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:
Balance Balance
June 30, 2024 Additions (Deletions) June 30, 2025
Business-Type Activities:
Capital Assets Not Being Depreciated:
Construction in progress $ 19,828,455 $10,683,212 $ - $ 30,511,667 Total Capital Assets Not Being Depreciated 19,828,455 10,683,212 - 30,511,667 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 15,096,574 542,998 (62,027) 15,577,545 Right to use assets - vehicles and equipment 78,033 - - 78,033 Total Capital Assets Being Depreciated 82,416,027 542,998 (62,027) 82,896,998 Less Accumulated Depreciation:
Buildings 3,111,865 132,643 - 3,244,508
Improvements other than buildings 31,352,466 781,049 - 32,133,515 Infrastructure 1,555,135 304,336 - 1,859,471
Vehicles and equipment 8,768,533 537,056 (34,115) 9,271,474 Right to use assets - vehicles and equipment 22,494 8,760 - 31,254 Total Accumulated Depreciation 44,810,493 1,763,844 46,540,222 (34,115) Net Capital Assets Being Depreciated 37,605,534 (1,220,846) 36,356,776 (27,912) Net Capital Assets - Business-Type Activities 57,433,989 $ 9,462,366$ (27,912)$ 66,868,443$ Governmental Activities:
General government $ 1,249,002
Public safety 1,162,519
Construction and maintenance 783,783
Planning and building services 14,401
Culture and leisure 1,831,283
Total Governmental Activities $ 5,040,988
Business-Type Activities:
Wastewater Utility $ 1,187,733
Golf Course 323,715
Storm Drain 252,396
Total Business-Type Activities $ 1,763,844
66 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 163
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, 2025, 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. The liability is calculated using current pay rates and includes employer-paid fringe benefits.
During the year ended June 30, 2025, the City adopted new accounting guidance by implementing the provisions of Governmental Accounting Standards Board (GASB) Statement No. 101, Compensated Absences, which seeks to better meet the information needs of financial statement users by updating the recognition and measurement guidance for compensated absences.
b. Workers’ Compensation and General Liability Claims:
See Note 9 detailing claims and judgements. The total Workers’ Compensation and claims liability at June 30, 2025 was $11,241,823.
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, 2025, the value of the lease liability is $12,100. 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 Balance Balance Due Within
June 30, 2024* Additions Reductions June 30, 2025 One Year Compensated Absences $ 3,995,063 $ 406,351 $ - $ 4,401,414 $ 1,828,410 Claims and Judgements 11,282,915 865,066 (906,158) 11,241,823 2,810,456 Lease Payable 31,556 - (19,456) 12,100 12,100
Subscription-Based IT Payable 351,075 - (148,520) 202,555 153,063 Total Government-Wide
Governmental Activities $ 15,660,609 1,271,417$ $ (1,074,134) $ 15,857,892 4,804,029$ *Beginning balance restated to reflect reclassification due to the implementation of GASB 101. 67 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 164
CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 8: LONG-TERM DEBT OBLIGATIONS (Continued):
c. Lease Payable (continued):
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.
The annual debt service requirements for the lease outstanding at June 30, 2025 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, 2025, was $202,555.
The future principal and interest payments as of June 30, 2025, are as follows:
Year Ending
June 30 Principal Interest Total
2026 $ 12,100 $ 12,194 94 $
$ 12,100 $ 12,194 94 $
Year Ending
June 30 Principal Interest Total
2026 153,063$ $ 10,920 163,983$
2027 49,492 3,284 52,776
Total 202,555$ $ 14,204 216,759$
Software
Term in
Months
Interest
Rate
Annual
Payments
Subscription
Liability
Subscription
Asset
FirstWatch 38 5.00% 4,003$ $ 404 $ 6,918
TeleStaff 60 5.00% 2,500 5,003 11,125
Lexipol 60 5.00% 11,754 22,310 53,820
SanGIS 32 5.00% - - 4,718
ARJIS 60 5.00% 38,074 70,105 173,081
AXON 47 5.00% 108,724 104,733 404,808
165,055$ $ 202,555 $ 654,470
68 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 165
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, 2025 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, 2025, the value of the lease liability is $4,260. 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, 2025 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 $5,000,000 to the statutory limit. The self-insured retentions and maximum coverage are:
Balance Balance Due Within
June 30, 2024* Additions Reductions June 30, 2025 One Year Compensated Absences 204,506$ 26,519$ -$ 231,025$ $ 134,379 Lease Payable 13,364 (9,104) - 4,260 4,260
217,870$ 26,519$ (9,104)$ 235,285$ $ 138,639
*Beginning balance restated to reflect reclassification due to the implementation of GASB 101.
Total Government-Wide
Business-Type Activities
Year Ending
June 30 Principal Interest Total
2026 4,260$ $ 4,354$ 94
4,260$ $ 4,354$ 94
69 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 166
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, 2025. 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, 2024, and 2025 are as follows:
The ultimate amount of losses incurred through June 30, 2025 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, 2025, the City incurred a total of $748,338 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, 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 (521,450) (776,617) (1,298,067)
Liability as of June 30, 2024 8,575,091 2,707,824 11,282,915 Claims and changes in estimates
during the year ended June 30, 2025 748,338 116,728 865,066 Claims payments during the year
ended June 30, 2025 (325,639) (580,519) (906,158)
Liability as of June 30, 2025 $ 8,997,790 2,244,033$ $ 11,241,823 70 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 167
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 ten 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. 71 Attachment 1
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December 02, 2025 City of Coronado Page 168
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, 2025 are summarized as follows:
Employees Covered:
At June 30, 2023, the valuation date, the following employees were covered by the benefit terms of the Miscellaneous plan:
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 7.78% 7.50%
Required employer contribution rates - Normal Cost 13.240% 13.240% Required employer payment of Unfunded Liability $2,662,944 - 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 27.320% 13.760% Required employer payment of Unfunded Liability $3,153,042 $22,328 * PEPRA is the Public Employees' Pension Reform Act that went into effect on January 1, 2013.
Safety Cost-Sharing Plan Active members 172
Transferred members 110
Terminated members 182
Retired members and beneficiaries 247
Total 711
72 Attachment 1
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December 02, 2025 City of Coronado Page 169
CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 10: PENSION PLAN OBLIGATIONS (Continued):
At June 30, 2023, 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, 2025, the employer contributions recognized as a reduction to the net pension liability for all the Plans was $9,646,124.
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, 2023, using an annual actuarial valuation as of June 30, 2023, rolled forward to June 30, 2024, 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, 2024, the total pension liability was determined by rolling forward the June 30, 2023, total pension liability. The June 30, 2024, total pension liabilities were based on the following actuarial methods and assumptions:
Active members 78
Transferred members 32
Terminated members 22
Retired members and beneficiaries 161
Total 293
73 Attachment 1
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December 02, 2025 City of Coronado Page 170
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 Protection Allowance floor on purchasing
power applies, 2.30% thereafter
74 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 171
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 $ 27,882,105 38,838,387$ $ 66,720,492 Deferred Outflows of Resources 7,724,410 12,312,753 20,037,163 Deferred Inflows of Resources 675,717 - 675,717
Pension Expense/ (Income) 5,599,414 7,680,869 13,280,283 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)
75 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 172
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, 2024, 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, 2023, rolled forward to June 30, 2024, 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, 2024, and 2025, was as follows:
Total Pension
Liability
(a)
Plan Fiduciary Net
Position
(b)
Net Pension
Liability/(Asset)
(c)=(a)-(b)
Balance at June 30, 2023 (Valuation Date) $ 133,807,344 $ 105,262,740 $ 28,544,604 Changes Recognized for the Measurement Period:
Service Cost 2,819,676 2,819,676 -
Interest on the Total Pension Liability 9,267,859 9,267,859 - Difference between Expected and Actual Experience 2,576,825 2,576,825 - Contribution from Employer - 4,005,208 (4,005,208)
Contribution from Employees - 1,290,273 (1,290,273)
Net Investment Income - 10,117,031 (10,117,031)
Benefit Payments, Including Refunds of Employee Contributions (6,954,449) (6,954,449) - Administrative Expense - (85,653) 85,653
Net Changes During 2023-24 7,709,911 8,372,410 (662,499) Balance at June 30, 2024 (Measurement Date) $ 141,517,255 $ 113,635,150 $ 27,882,105 Increase (Decrease)
Total Pension
Liability
(a)
Plan Fiduciary
Net Position
(b)
Net Pension
Liability/(Asset)
(c)=(a)-(b)
Balance at June 30, 2024 $ 144,170,990 $ 104,715,528 $ 39,455,462 Balance at June 30, 2025 150,810,311 111,971,924 38,838,387 Net Change During FY 2024-25 6,639,321 $ $ 7,256,396 $ (617,075) Safety Plan Proportionate Share
Proportion FY 2023-24 0.52784%
Proportion FY 2024-25 0.53270%
Change - Increase (Decrease) 0.00486%
Safety Cost-Sharing Plan
76 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 173
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. 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.
Discount Rate -1%
5.90%
Current Discount
Rate 6.90%
Discount Rate +1%
7.90%
Miscellaneous Plan $ 46,505,930 $ 27,882,105 $ 12,516,578 Safety Plan 59,438,931 38,838,387 21,990,039
Total Net Pension Liability 105,944,861 $ $ 66,720,492 $ 34,506,617 77 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 174
CITY OF CORONADO
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Note 10: PENSION PLAN OBLIGATIONS (Continued):
For the measurement period ending June 30, 2024 (the measurement date), the City incurred pension expense of $5,599,414 for the Miscellaneous Plan, and pension expense of $7,680,869 for the Safety Plan.
As of June 30, 2025, 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 $9,646,124 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, 2026. Other amounts reported as deferred outflows or deferred inflows of resources related to pensions will be recognized as pension expense as follows:
Measurement
Period Ended June
30:
Deferred
Outflows/(Inflows) of
Resources for
Miscellaneous Plan
Deferred
Outflows/(Inflows) of
Resources for Safety
Plan
2025 $ 1,023,297 $ 2,660,933
2026 3,252,174 4,451,037
2027 (451,325) 5,061
2028 (583,720) (642,316)
2029 - -
Thereafter - -
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, 2024 $ 4,483,803 $ - $ 5,162,321 $ - $ 9,646,124 $ - Change of assumption - - 956,898 - 956,898 -
Difference between expected and actual experience 1,635,818 - 3,169,558 103,056 4,805,376 103,056 Net difference between projected and actual
earnings on pension plan investments 1,604,789 - 1,877,271 - 3,482,060 - Differences between employer's contributions and
proportionate share of contributions - 294,918 - 514,237 294,918 514,237 Difference in proportionate share - 851,787 - 58,424 851,787 58,424 Total $ 7,724,410 -$ 12,312,753 $ $ 675,717 $ 20,037,163 $ 675,717 Miscellaneous Plan Safety Plan Total Deferred:
78 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 175
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 $158 per month per employee at the end of fiscal year 2024-25.
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 2024 and 2025, the monthly contribution amounts for retired annuitants were $157 and $158, 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, 2025, the City’s cash contributions were $410,274. 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, 2024, 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
79 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 176
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 5.14%
Inflation 2.50%
Salary Increases 2.75%
Investment Rate of Return 5.14%
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% 7.250%
Long-Term Corporate Bonds 40.0% 4.250%
Total 100.0%
80 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 177
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 5.14%. 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 pre-funding 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, 2023 (Measurement Date) $ 7,553,324 $ 3,260,570 $ 4,292,754 Changes recognized for measurement period:
Service cost 324,679 - 324,679
Interest 370,313 - 370,313
Changes of assumptions (194,804) - (194,804)
Benefit payments, including refunds for member contributions (377,942) - (377,942) Plan fiduciary net position:
Contributions - employer - 398,221 (398,221)
Net investment income - 386,783 (386,783)
Benefit payments, including refunds of member contributions - (398,221) 398,221 Administrative expenses - (15,301) 15,301
Net Changes During FY 2023-24 122,246 371,482 (249,236) Balance at June 30, 2024 (Measurement Date) $ 7,675,570 $ 3,632,052 $ 4,043,518 Increase (Decrease)
81 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 178
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, 2024:
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, 2024:
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%
4.14%
Current Discount
Rate
5.14%
Discount rate
+1%
6.14%
Net OPEB Liability $ 4,968,939 $ 4,043,518 $ 3,283,130
1% Decrease
3.0%
Current
Healthcare Cost
Trend Rates
4.0%
1% Increase
5.0%
Net OPEB Liability $ 3,052,150 $ 4,043,518 $ 5,253,918
82 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 179
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, 2025, the City recognized OPEB expense of $734,485. As of June 30, 2025, the City reported deferred outflows and inflows of resources related to OPEB from the following sources:
The $410,274 reported as deferred outflows related to contributions subsequent to the June 30, 2024, measurement date will be recognized as a reduction of the net OPEB liability during the fiscal year ending June 30, 2026. 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
$ 410,274 $ -
Changes of assumptions 886,456 191,657
Differences between
expected and actuarial
experience
588,985 78,203
Net difference between
projected and actual
earnings on OPEB plan
investments
- 17,714
$ 1,885,715 287,574$
Fiscal Year
Ending June 30:
Deferred
Outflows/(Inflows)
of Resources
2026 $ 203,372
2027 236,512
2028 102,653
2029 114,047
2030 162,208
Thereafter 369,075
83 Attachment 1
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December 02, 2025 City of Coronado Page 180
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, 2025, the City contributed $1,307,598 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, 2025, was $38,660,456. 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, 2025, 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, 2025 was $7,876,984.
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 29% of the General Fund’s total revenues for the year ended June 30, 2025.
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.
84 Attachment 1
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December 02, 2025 City of Coronado Page 181
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, 2025, the City has contracts with 200 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
$ 211,878,097 $ 547,686,016 $ 335,807,919 $ 1,048,840
85 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 182
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 recognize revenue for the refund for wastewater treatment costs paid during fiscal year 2018- 19 in the amount of $1,015,635 for fiscal year 2019-20 only. The City is unable to estimate potential refund or amount due to City of San Diego for fiscal years 2020-21, 2021-22, 2022- 23, 2023-24, and 2024-25.
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 $30,316,864 as of June 30, 2025. See Note 2 for further information regarding the City’s cash and investments as it also relates to the Successor Agency. 86 Attachment 1
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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, 2025, 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, 2025, follows:
Balance June 30, 2024 $ 20,083,920
Additions:
Current year additions -
Balance June 30, 2025 $ 20,083,920
Land Purchase Balance Balance
June 30, 2024 Additions Reductions June 30, 2025
Tax Allocation Bonds (TABs):
2018 Refunding Issue $ 63,005,000 $ - $ (20,110,000) $ 42,895,000 $ 7,945,000 Premium 2018 Issue 9,081,470 - (1,009,052) 8,072,418 1,009,052 Total Bond and Premium 72,086,470 - (21,119,052) 50,967,418 8,954,052 Other Debt:
Payable to the City of Coronado 49,814 - (3,118) 46,696 3,276 Total Successor Agency 72,136,284 $ -$ (21,122,170) $ $ 51,014,114 $ 8,957,328 Due Within
One Year
87 Attachment 1
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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, 2025 are as follows:
The Statement of Fiduciary Net Position reported $609,510 deferred charges on refunding for the old tax allocation bonds that are being amortized over 15 years.
Year Ending June 30, Principal Interest Total
2026 $ 7,945,000 $ 1,946,125 $ 11,000,000
2027 8,345,000 1,538,875 10,985,625
2028 8,840,000 1,109,250 10,977,875
2029 9,280,000 656,250 10,970,625
2030 8,485,000 212,125 11,036,000
Total $ 42,895,000 $ 5,462,625 $ 54,970,125
88 Attachment 1
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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, 2025, the loan receivable balance was $46,696. The annual requirements to amortize the Life-guard Tower loan at June 30, 2025, 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
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 3,992 1,579 5,571
2031 - 2035 23,202 4,650 27,852
2036 5,369 204 5,573
Total $ 46,696 $ 14,580 $ 61,276
89 Attachment 1
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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, 2025, 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, 2025, the current and total ad valorem taxes paid were $46,389 and $427,180, respectively.
90 Attachment 1
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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 $ 221,078 -$ $ 221,078 - $
Charitable donations - - 18,732 18,732
Notes and loans receivable 669,043 - - 669,043
Advances given to other funds 4,002,669 - 4,002,669 -
Total Non-Spendable 4,892,790 - 18,732 4,911,522
Restricted for the following purposes:
Housing activities - 1,002,068 - 1,002,068
City public safety - - 233,943 233,943
Culture & Leisure activities - 11,381,174 - 11,381,174
Construction & maintenance - 4,590,018 - 4,590,018
Planning & building reserve - 1,939,771 - 1,939,771
Capital projects - - - -
City transportation 186,550 7,166,517 - 7,353,067
PEG fees 760,573 - - 760,573
CalPERS stabilization 19,426,375 - 19,426,375 -
Hotel Del Coronado master plan 848,088 - - 848,088
Library endowment (expendable) - - 41,791 41,791
Library endowment (nonexpendable) - - 3,288 3,288
Total Restricted 21,221,586 26,358,570 - 47,580,156
Committed for the following purposes:
Emergency response & economic stabilization 36,640,000 - 36,640,000 - Future capital projects 4,000,000 - 4,000,000 -
Historic preservation 500,000 - - 500,000
Total Committed 41,140,000 - 41,140,000 -
Assigned to the following purposes:
Planning & building reserve 1,522,636 - 1,522,636 -
Liability insurance 2,244,033 - 2,244,033 -
Worker's compensation 2,684,787 - 2,684,787 -
Vehicle & IT replacement 6,965,178 - 6,965,178 -
Construction & maintenance 3,109,662 - 3,109,662 -
Capital projects 45,078,491 - 45,078,491 -
Solid waste & recycling 316,509 - - 316,509
Culture & leisure activities 1,147,188 - 1,147,188 -
Total Assigned 17,989,993 45,078,491 63,068,484 -
Unassigned fund balances 53,361,192 - 53,361,192 -
TOTAL FUND BALANCE $ 138,605,561 $ 45,078,491 $ 26,377,302 $ 210,061,354 91 Attachment 1
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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 $1,763,709, 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.
Note 22: RESTATEMENTS
The City implemented GASB 101: Compensated Absences during the year. This adjustment recognized vacation and sick leave (and applicable payroll taxes) that has not been used but is more likely than not to be used or settled in the future.
The City corrected the allocation of the pension deferred outflows for the miscellaneous plan between the governmental and proprietary funds at July 1, 2024 as noted below:
Wastewater Utility
Fund Golf Course Fund Storm Drain Fund
Governmental
Activities
Business-Type
Activities
Net position beginning of the year, as previously reported $ 65,948,256 $ 10,015,088 $ 5,154,112 $ 283,240,063 $ 81,117,456 Implementation of GASB 101 (6,248) (7,895) (986) (883,820) (15,129) Correction of pension deferred outflow allocation 268,420 617,037 89,430 (974,749) 974,887 Net position beginning of the year, as restated $ 66,210,428 $ 10,624,230 $ 5,242,556 $ 281,381,494 $ 82,077,214 92 Attachment 1
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REQUIRED SUPPLEMENTARY INFORMATION
93 Attachment 1
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BUDGETARY COMPARISON SCHEDULE
GENERAL FUND
YEAR ENDED JUNE 30, 2025
Original Final Actual Amounts
Revenues:
Taxes $ 67,603,696 $ 68,603,696 $ 72,617,667 $ 4,013,971 Licenses and permits 751,500 751,500 754,154 2,654
Intergovernmental 394,340 394,340 1,475,796 1,081,456
Charges for services 4,669,555 4,810,555 4,952,723 142,168 Use of money and property 4,091,447 4,091,447 6,819,242 2,727,795 Fines and forfeitures 279,100 279,100 337,472 58,372
Reimbursements 1,410,000 1,410,000 2,540,435 1,130,435
Miscellaneous 545,050 545,050 564,031 18,981
Total Revenues 79,744,688 80,885,688 90,061,520 9,175,832 Expenditures:
General government:
Legislative 1,582,793 1,584,028 1,480,913 (103,115)
City Clerk 511,860 583,305 579,564 (3,741)
City Manager 1,122,858 1,160,773 1,159,224 (1,549)
Public Communications 232,632 232,632 163,953 (68,679)
City Hall 2,149,386 2,092,386 1,860,572 (231,814)
Legal Services 834,864 854,864 1,519,649 664,785
Administrative Services 6,665,974 6,885,933 5,896,792 (989,141) Insurance 2,692,058 2,992,166 2,614,257 (377,909)
Employee Benefits 219,337 219,531 352,416 132,885
Workers Compensation 652,280 652,474 407,381 (245,093)
Public safety:
Police 19,595,530 19,666,580 17,697,736 (1,968,844)
Fire 13,015,095 13,279,461 13,226,170 (53,291)
Culture and leisure:
Recreation 6,145,779 6,378,651 5,578,814 (799,837)
Library 4,015,920 4,029,270 3,713,755 (315,515)
Citizen Donations 9,646 9,646 552 (9,094)
Culture Arts 315,899 342,095 248,901 (93,194)
Construction and maintenance:
Public Services 12,648,587 12,912,545 11,569,695 (1,342,850) Engineering 1,603,932 1,644,072 1,280,929 (363,143)
Solid Waste & Recycling 925,408 995,633 755,218 (240,415) Planning and building 3,649,111 3,652,106 2,997,326 (654,780) Capital outlay 3,613,653 6,072,382 2,227,234 (3,845,148) Principal - - 167,975 167,975
Interest and fiscal charges - - 18,317 18,317
Total Expenditures 82,202,602 86,240,533 75,517,343 (10,723,190) Other Financing Sources (Uses):
Transfers in 12,808,853 24,387,547 - (24,387,547)
Transfers out (14,158,853) (42,687,547) (18,300,000) 24,387,547 Total Other Financing Sources (Uses) (1,350,000) (18,300,000) (18,300,000) - Net Change in Fund Balances (3,807,914) (23,654,845) (3,755,823) (1,547,358) Budgetary Fund Balance, July 1, 142,361,384 142,361,384 142,361,384 - Budgetary Fund Balances, June 30 $ 138,553,470 $ 118,706,539 $ 138,605,561 $ 12,549,086 Budget Amounts Actual
Over/(Under)
Budget
94 Attachment 1
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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, 2025, 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
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MISCELLANEOUS PLAN
SCHEDULE OF CHANGES IN NET PENSION LIABILITY AND RELATED RATIOS AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS
MEASUREMENT PERIOD 2024 2023 2022 2021 2020
TOTAL PENSION LIABILITY
Service Cost $ 2,819,676 $ 2,612,020 $ 2,574,363 $ 2,389,728 $ 2,391,239 Interest on Total Pension Liability 9,267,859 8,765,682 8,408,304 8,137,530 7,817,689 Changes of Benefit Terms - 156,673 - - -
Change of Assumptions - - 4,006,832 - -
Difference between Expected and Actual Experience 2,576,825 388,801 (637,953) (195,623) (705,472) Benefit Payments, Including Refunds of Employee Contributions (6,954,449) (6,606,451) (6,128,698) (5,752,463) (5,325,997) Net Change in Total Pension Liability 7,709,911 5,316,725 8,222,848 4,579,172 4,177,459 Total Pension Liability - Beginning 133,807,344 128,490,619 120,267,771 115,688,599 111,511,140 Total Pension Liability - Ending 141,517,255 133,807,344 128,490,619 120,267,771 115,688,599
PLAN FIDUCIARY NET POSITION
Contribution - Employer 4,005,208 3,922,016 3,532,170 3,388,562 3,031,208 Contribution - Employees 1,290,273 1,153,824 1,091,989 1,043,538 1,050,776 Net Investment Income 10,117,031 6,223,804 (8,368,937) 20,645,351 4,405,904 Benefit Payments, Including Refunds of Employee Contributions (6,954,449) (6,606,451) (6,128,698) (5,752,463) (5,325,997) Plan to Plan Resource Movement - - - - -
Administrative Expense (85,653) (74,009) (68,888) (91,255) (124,502) Other Miscellaneous Income/(Expense) - - - - -
Net Change in Fiduciary Net Position 8,372,410 4,619,184 (9,942,364) 19,233,733 3,037,389 Plan Fiduciary Net Position - Beginning
105,262,740 100,643,556 110,585,920 91,352,187 88,314,798 Plan Fiduciary Net Position - Ending 113,635,150 105,262,740 100,643,556 110,585,920 91,352,187 Plan Net Pension Liability/(Assets) - Ending $ 27,882,105 $ 28,544,604 $ 27,847,063 $ 9,681,851 $ 24,336,412 Plan Fiduciary Net Position as a Percentage of the Total Pension Liability
80.30% 78.67% 78.33% 91.95% 78.96%
Covered Payroll $ 14,585,467 $ 13,763,677 $ 12,531,429 $ 12,681,550 $ 12,333,768 Plan Net Pension Liability/(Asset) as a Percentage of Covered Payroll 191.16% 207.39% 222.22% 76.35% 197.32%
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 or 2024. 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, and 7.65% for measurement dates June 30, 2015 through June 30, 2016. 96 Attachment 1
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MISCELLANEOUS PLAN
SCHEDULE OF CHANGES IN NET PENSION LIABILITY AND RELATED RATIOS AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS
MEASUREMENT PERIOD 2019 2018 2017 2016 2015
TOTAL PENSION LIABILITY
Service Cost $ 2,306,052 $ 2,360,874 $ 2,227,244 $ 2,050,254 $ 2,136,967 Interest on Total Pension Liability 7,524,926 7,132,811 6,857,386 6,635,205 6,329,005 Changes of Benefit Terms - - - - -
Change of Assumptions - (567,049) 5,736,873 - (1,569,684) Difference between Expected and Actual Experience 577,765 (662,470) (1,538,259) (872,772) (430,464) Benefit Payments, Including Refunds of Employee Contributions (4,821,072) (4,298,784) (3,840,883) (3,758,610) (3,335,867) Net Change in Total Pension Liability 5,587,671 3,965,382 9,442,361 4,054,077 3,129,957 Total Pension Liability - Beginning 105,923,469 101,958,087 92,515,726 88,461,649 85,331,692 Total Pension Liability - Ending 111,511,140 105,923,469 101,958,087 92,515,726 88,461,649
PLAN FIDUCIARY NET POSITION
Contribution - Employer 2,728,186 2,399,092 2,231,434 2,037,221 1,861,146 Contribution - Employees 924,629 903,269 897,937 860,147 868,026 Net Investment Income 5,517,905 6,700,257 7,927,655 368,490 1,605,975 Benefit Payments, Including Refunds of Employee Contributions (4,821,072) (4,298,784) (3,840,883) (3,758,610) (3,335,867) Plan to Plan Resource Movement - (195) - - (84)
Administrative Expense (59,962) (122,600) (105,663) (43,943) (81,196) Other Miscellaneous Income/(Expense) 195 (232,819) - - - Net Change in Fiduciary Net Position 4,289,881 5,348,220 7,110,480 (536,695) 918,000 Plan Fiduciary Net Position - Beginning
84,024,917 78,676,697 71,566,217 72,102,912 71,184,912
Plan Fiduciary Net Position - Ending 88,314,798 84,024,917 78,676,697 71,566,217 72,102,912 Plan Net Pension Liability/(Assets) - Ending $ 23,196,342 $ 21,898,552 $ 23,281,390 $ 20,949,509 $ 16,358,737 Plan Fiduciary Net Position as a Percentage of the Total Pension Liability
79.20% 79.33% 77.17% 77.36% 81.51%
Covered Payroll $ 12,056,521 $ 11,529,934 $ 11,461,142 $ 11,413,128 $ 11,595,677 Plan Net Pension Liability/(Asset) as a Percentage of Covered Payroll 192.40% 189.93% 183.56% 183.56% 141.08%
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 or 2024. 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, and 7.65% for measurement dates June 30, 2015 through June 30, 2016. 97 Attachment 1
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MISCELLANEOUS PLAN
SCHEDULE OF PLAN CONTRIBUTIONS
AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS (1)
2025 2024 2023 2022 2021
Actuarially Determined Contribution $ 4,483,803 $ 3,983,810 $ 3,902,303 $ 3,546,127 $ 3,394,986 Contribution in Relation to the Actuarially Determined
Contribution (4,483,803) (3,983,810) (3,902,303) (3,546,127) (3,394,986) Contribution Deficiency (Excess) $ - $ - $ - $ - $ -
Covered Payroll $ 15,188,649 $ 14,585,467 $ 13,763,677 $ 12,531,429 $ 12,681,550 Contributions as Percentage of Covered Payroll 29.52% 27.31% 28.35% 28.30% 26.77% 2020 2019 2018 2017 2016
Actuarially Determined Contribution $ 3,031,208 $ 2,728,186 $ 2,399,092 $ 2,231,434 $ 2,037,221 Contribution in Relation to the Actuarially Determined
Contribution (3,031,208) (2,728,186) (2,399,092) (2,231,434) (2,037,221) Contribution Deficiency (Excess) $ - $ - $ - $ - $ -
Covered Payroll $ 12,333,768 $ 12,056,521 $ 11,529,934 $ 11,461,142 $ 11,413,128 Contributions as Percentage of Covered Payroll 24.58% 22.63% 20.81% 19.47% 17.85% Valuation Date June 30, 2022
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 rates incorporate Generational Mortality to capture ongoing mortality improvement using 80% of Scale MP 2020 published by the Society of Actuaries. For more details, please refer to the 2021 experience study report that can be found on the CalPERS website.
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
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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 2024 2023 2022 2021 2020
Plan's Proportion of the Net Pension
Liability 0.53270% 0.52784% 0.52488% 0.47804% 0.45429%
Plan's Proportionate Share of the Net
Pension Liability $ 38,838,387 $ 39,455,462 $ 36,067,520 $ 16,776,858 $ 30,266,162 Plan's Covered Payroll $ 10,093,411 $ 9,745,079 $ 9,017,916 $ 9,010,360 $ 8,669,351 Proportionate Share of the Net Pension
Liability as Percentage of Covered Payroll 384.79% 404.88% 399.95% 186.20% 349.12% Plan Fiduciary Net Position as a Percentage
of the Total Pension Liability 74.2% 72.6% 73.5% 86.8% 75.5% MEASUREMENT PERIOD 2019 2018 2017 2016 2015
Plan's Proportion of the Net Pension
Liability 0.26483% 0.25693% 0.24757% 0.24418% 0.21893%
Plan's Proportionate Share of the Net
Pension Liability $ 27,137,047 $ 24,758,824 $ 24,552,568 $ 21,129,139 $ 15,026,989 Plan's Covered Payroll $ 8,106,754 $ 8,066,444 $ 7,831,499 $ 7,668,295 $ 7,315,770 Proportionate Share of the Net Pension
Liability as Percentage of Covered Payroll 334.75% 306.94% 313.51% 275.54% 205.41% Plan Fiduciary Net Position as a Percentage
of the Total Pension Liability 76.8% 77.6% 77.0% 75.07% 78.40% 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 or 2024. 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, and 7.65% for measurement dates June 30, 2015 through June 30, 2016.
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CITY OF CORONADO
SAFETY PLAN
SCHEDULE OF PLAN CONTRIBUTIONS
AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS
2025 2024 2023 2022 2021
Actuarially Determined Contribution $ 5,162,321 $ 4,423,581 $ 4,347,405 $ 3,959,848 $ 3,603,448 Contribution in Relation to the
Actuarially Determined Contribution (5,162,321) (4,423,581) (4,347,405) (3,959,848) (3,603,448) Contribution Deficiency (Excess) $ - $ - $ - $ - $ -
Covered Payroll $ 10,199,571 $ 10,093,411 $ 9,745,079 $ 9,017,916 $ 9,010,360 Contribution as a Percentage of Covered
Payroll 50.61% 43.83% 44.61% 43.91% 39.99%
2020 2019 2018 2017 2016
Actuarially Determined Contribution $ 3,191,990 $ 2,802,322 $ 2,417,255 $ 2,374,917 $ 2,172,049 Contribution in Relation to the
Actuarially Determined Contribution (3,191,990) (2,802,322) (2,417,255) (2,374,917) (2,172,049) Contribution Deficiency (Excess) $ - $ - $ - $ - $ -
Covered Payroll $ 8,669,351 $ 8,106,754 $ 8,066,444 $ 7,831,499 $ 7,668,295 Contribution as a Percentage of Covered
Payroll 36.82% 34.57% 29.97% 30.33% 28.33%
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, 2022
Fair value of assets.
Varies by category, entry age, and duration of service. 100 Attachment 1
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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 2024 2023 2022 2021 2020 2019 2018 2017 TOTAL OPEB LIABILITY:
Service Cost $ 324,679 $ 239,210 $ 210,225 $ 173,954 $ 169,298 $ 146,790 $ 142,515 $ 133,192 Interest on Total OPEB Liability 370,313 329,360 325,299 341,378 336,520 291,488 275,261 259,637 Change of Assumptions (194,804) 372,120 341,170 574,156 - (110,357) - - Difference between Expected and Actual Experience 20,279 616,244 - (75,081) (73,933) 518,625 - - Benefit Payments, Including Refunds of Employee Contributions (398,221) (291,201) (282,725) (259,793) (257,644) (198,209) (182,274) (175,617) Net Change in Total OPEB Liability 122,246 1,265,733 593,969 754,614 174,241 648,337 235,502 217,212 Total OPEB Liability - Beginning 7,553,324 6,287,591 5,693,622 4,939,008 4,764,767 4,116,430 ######### 3,663,716 Total OPEB Liability - Ending (a) 7,675,570 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 398,221 231,561 282,725 259,793 257,644 198,209 182,274 175,617 Net Investment Income 386,783 291,201 (466,986) 658,699 95,884 145,328 222,710 267,218 Benefit Payments, Including Refunds of Employee Contributions (398,221) (291,201) (282,725) (259,793) (257,644) (198,209) (182,274) (175,617) Administrative Expense (15,301) (14,630) (16,385) (16,548) (7,011) (15,502) (6,485) (5,939) Net Change in Fiduciary Net Position 371,482 216,931 (483,371) 642,151 88,873 129,826 216,225 261,279 Plan Fiduciary Net Position - Beginning 3,260,570 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) $ 3,632,052 $ 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) $ 4,043,518 $ 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 47.32% 43.17% 48.41% 61.95% 58.41% 58.68% 64.77% 63.13% Covered Payroll $ 24,545,338 $ 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 16.47% 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 eight years are shown. 101 Attachment 1
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December 02, 2025 City of Coronado Page 198
CITY OF CORONADO
OPEB PLAN
SCHEDULE OF PLAN CONTRIBUTIONS
AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS (1)
2025 2024 2023 2022 2021 2020 2019 2018
Actuarially Determined Contribution $ 377,942 $ 291,201 $ 297,864 $ 287,925 $ 259,793 $ 257,644 $ 198,209 $ 184,398 Contribution in Relation to the Actuarially Determined
Contribution (377,942) (291,201) (297,864) (287,925) (259,793) (257,644) (198,209) (184,398) Contribution Deficiency (Excess) $ - $ - $ - $ - $ - $ - $ - $ - Covered Payroll $ 25,623,865 $ 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 1.47% 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 eight 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
5.14% per annum net of expenses
Methods and assumptions used to determine contribution rates:
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CITY OF CORONADO
COMBINING AND INDIVIDUAL FUND
STATEMENTS AND SCHEDULES
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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.
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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
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CITY OF CORONADO
COMBINING BALANCE SHEET
NON-MAJOR GOVERNMENTAL FUNDS
JUNE 30, 2025
Gas Tax TransNet
Transportation
Development
Federal & State
Grants Public Safety
Assets:
Cash and investments $ 4,431,066 $ 702,671 $ 7,124,352 $ 128,658 $ 197,571 Accounts, grants and taxes receivable 110,652 - 107,001 23,678 - Notes receivable - - - - -
Interest receivable - - - - -
Allowance for uncollectible receivables - - - - -
Total Assets $ 4,541,718 $ 702,671 $ 7,231,353 $ 152,336 $ 197,571 Liabilities and Fund Balances:
Liabilities:
Accounts payable $ 99,999 $ 554,372 $ 64,836 $ 57,216 $ 6,747 Unearned revenue - - - 43,357 -
Deposits payable - - - - -
Due to other funds - - - 8,644 -
Total Liabilities 99,999 554,372 64,836 109,217 6,747
Fund Balances:
Non-spendable - - - - -
Restricted 4,441,719 148,299 7,166,517 43,119 190,824
Total Fund Balances 4,441,719 148,299 7,166,517 43,119 190,824 Total Liabilities and Fund Balances $ 4,541,718 $ 702,671 $ 7,231,353 $ 152,336 $ 197,571 Special Revenue Funds Spe
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CITY OF CORONADO
COMBINING BALANCE SHEET
NON-MAJOR GOVERNMENTAL FUNDS
JUNE 30, 2025
Assets:
Cash and investments
Accounts, grants and taxes receivable
Notes receivable
Interest receivable
Allowance for uncollectible receivables
Total Assets
Liabilities and Fund Balances:
Liabilities:
Accounts payable
Unearned revenue
Deposits payable
Due to other funds
Total Liabilities
Fund Balances:
Non-spendable
Restricted
Total Fund Balances
Total Liabilities and Fund Balances
Library
Affordable
Housing
Affordable
Housing in Lieu
Coronado
Tidelands
$ 1,046,851 $ 177,785 $ 1,939,771 $ 10,330,238
2,500 25,152 - 72,546
- 6,757,031 - -
- 4,743,596 - -
- (10,700,626) - -
$ 1,049,351 $ 1,002,938 $ 1,939,771 $ 10,402,784
$ - $ 870 $ - $ 24,925
- - - -
- - - 46,036
- - - -
- 870 - 70,961
- - - -
1,049,351 1,002,068 1,939,771 10,331,823
1,049,351 1,002,068 1,939,771 10,331,823
$ 1,049,351 $ 1,002,938 $ 1,939,771 $ 10,402,784
(Continued)
Special Revenue Funds
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CITY OF CORONADO
COMBINING BALANCE SHEET
NON-MAJOR GOVERNMENTAL FUNDS
JUNE 30, 2025
Assets:
Cash and investments
Accounts, grants and taxes receivable
Notes receivable
Interest receivable
Allowance for uncollectible receivables
Total Assets
Liabilities and Fund Balances:
Liabilities:
Accounts payable
Unearned revenue
Deposits payable
Due to other funds
Total Liabilities
Fund Balances:
Non-spendable
Restricted
Total Fund Balances
Total Liabilities 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
$ 8,050 $ 38,546 $ 17,215 $ 26,142,774
- - - 341,529
- - - 6,757,031
- - - 4,743,596
- - - (10,700,626)
$ 8,050 $ 38,546 $ 17,215 $ 27,284,304
$ - $ - $ - $ 808,965
- - - 43,357
- - - 46,036
- - - 8,644
- - - 907,002
3,461 - 15,271 18,732
4,589 38,546 1,944 26,358,570
8,050 38,546 17,215 26,377,302
$ 8,050 $ 38,546 $ 17,215 $ 27,284,304
(Continued) (Concluded)
Permanent Funds
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CITY OF CORONADO
COMBINING STATEMENT OF REVENUES,
EXPENDITURES AND CHANGES IN
FUND BALANCES
NON-MAJOR GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2025
Gas Tax TransNet
Transportation
Development
Federal & State
Grants Public Safety
Revenues:
Intergovernmental $ 1,265,252 $ 1,165,838 $ 74,133 $ 160,908 $ 24,168 Charges for services - 35,201 - - -
Use of money and property 223,287 16,237 349,515 6,549 9,424 Reimbursements - - 351,181 - -
Miscellaneous - - - - -
Total Revenue 1,488,539 1,217,276 774,829 167,457 33,592 Expenditures:
Current:
Public safety - - - 65,563 17,842
Construction and maintenance 321,654 - 446,996 - -
Culture and leisure - - - - -
Planning and building services - - - - -
Capital outlay 588,915 1,127,795 - 94,192 -
Total Expenditures 910,569 1,127,795 446,996 159,755 17,842 577,970 89,481 327,833 7,702 15,750
Net Change in Fund Balances 577,970 89,481 327,833 7,702 15,750 Fund Balances, Beginning of the Year 3,863,749 58,818 6,838,684 35,417 175,074 Fund Balances, End of Year $ 4,441,719 $ 148,299 $ 7,166,517 $ 43,119 $ 190,824 Special Revenue Funds
Excess (Deficiency) of Revenues Over
(Under) Expenditures
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CITY OF CORONADO
COMBINING STATEMENT OF REVENUES,
EXPENDITURES AND CHANGES IN
FUND BALANCES
NON-MAJOR GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2025
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
Fund Balances, End of Year
Excess (Deficiency) of Revenues Over
(Under) Expenditures
Library Affordable Housing
Affordable Housing
in Lieu Coronado Tidelands
$ - $ - $ - $ -
- - 84,000 1,902,202
47,656 100,591 94,839 493,320
- - - -
64,581 500 - -
112,237 101,091 178,839 2,395,522
- - - -
- - - -
78,435 - - 867,709
- 5,864 - -
- - - -
78,435 5,864 - 867,709
33,802 95,227 178,839 1,527,813
33,802 95,227 178,839 1,527,813
1,015,549 906,841 1,760,932 8,804,010
$ 1,049,351 $ 1,002,068 $ 1,939,771 $ 10,331,823
(Continued)
Special Revenue Funds
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December 02, 2025 City of Coronado Page 210
CITY OF CORONADO
COMBINING STATEMENT OF REVENUES,
EXPENDITURES AND CHANGES IN
FUND BALANCES
NON-MAJOR GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2025
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
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
$ - $ - $ - $ 2,690,299
- - - 2,021,403
397 1,896 848 1,344,559
- - - 351,181
- - - 65,081
397 1,896 848 6,472,523
- - - 83,405
- - - 768,650
- - - 946,144
- - - 5,864
- - - 1,810,902
- - - 3,614,965
397 1,896 848 2,857,558
397 1,896 848 2,857,558
7,653 36,650 16,367 23,519,744
$ 8,050 $ 38,546 $ 17,215 $ 26,377,302
(Concluded)
Permanent Funds
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CITY OF CORONADO
BUDGETARY COMPARISON SCHEDULE
GAS TAX
YEAR ENDED JUNE 30, 2025
Original Final Actual Amounts
Revenues:
Intergovernmental $ 1,244,620 $ 1,244,620 $ 1,265,252 $ 20,632 Use of money and property 130,169 130,169 223,287 93,118 Total Revenues 1,374,789 1,374,789 1,488,539 113,750
Expenditures:
Construction and maintenance 977,539 978,106 321,654 (656,452) Capital outlay 880,000 2,352,188 588,915 (1,763,273)
Total Expenditures 1,857,539 3,330,294 910,569 (2,419,725) Net Change in Fund Balance (482,750) (1,955,505) 577,970 2,533,475 Budgetary Fund Balance, July 1 3,863,749 3,863,749 3,863,749 - Budgetary Fund Balance, June 30 $ 3,380,999 $ 1,908,244 $ 4,441,719 $ 2,533,475 Budget Amounts Actual
Over/(Under)
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CITY OF CORONADO
BUDGETARY COMPARISON SCHEDULE
TRANSNET
YEAR ENDED JUNE 30, 2025
Original Final Actual Amounts
Revenues:
Intergovernmental $ 1,000,000 $ 1,000,000 $ 1,165,838 $ 165,838 Charges for services 22,000 22,000 35,201 13,201
Use of money and property 4,079 4,079 16,237 12,158
Total Revenues 1,026,079 1,026,079 1,217,276 191,197
Expenditures:
Capital outlay 1,020,000 4,271,188 1,127,795 (3,143,393) Total Expenditures 1,020,000 4,271,188 1,127,795 (3,143,393) Net Change in Fund Balance 6,079 (3,245,109) 89,481 3,334,590 Budgetary Fund Balance, July 1 58,818 58,818 58,818 -
Budgetary Fund Balance, June 30 $ 64,897 $ (3,186,291) $ 148,299 $ 3,334,590 Budget Amounts Actual
Over/(Under)
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CITY OF CORONADO
BUDGETARY COMPARISON SCHEDULE
TRANSPORTATION DEVELOPMENT
YEAR ENDED JUNE 30, 2025
Original Final Actual Amounts
Revenues:
Intergovernmental $ - $ - $ 74,133 $ 74,133
Use of money and property 252,517 252,517 349,515 96,998 Reimbursements 200,000 200,000 351,181 151,181
Total Revenues 452,517 452,517 774,829 322,312
Expenditures:
Construction and maintenance 329,960 5,622,199 446,996 (5,175,203) Capital outlay - 428,117 - (428,117)
Total Expenditures 329,960 6,050,316 446,996 (5,603,320) Net Change in Fund Balance 122,557 (5,597,799) 327,833 5,925,632 Budgetary Fund Balance, July 1 6,838,684 6,838,684 6,838,684 - Budgetary Fund Balance, June 30 $ 6,961,241 $ 1,240,885 $ 7,166,517 $ 5,925,632 Budget Amounts Actual
Over/(Under)
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CITY OF CORONADO
BUDGETARY COMPARISON SCHEDULE
FEDERAL & STATE GRANTS
YEAR ENDED JUNE 30, 2025
Original Final Actual Amounts
Revenues:
Intergovernmental $ - $ 222,363 $ 160,908 $ (61,455)
Use of money and property - - 6,549 6,549
Total Revenues - 222,363 167,457 (54,906)
Expenditures:
Public safety - 136,202 65,563 (70,639)
Capital outlay - 150,000 94,192 (55,808)
Total Expenditures - 286,202 159,755 (126,447)
Net Change in Fund Balance - (63,839) 7,702 71,541
Budgetary Fund Balance, July 1 35,417 35,417 35,417 -
Budgetary Fund Balance, June 30 $ 35,417 $ (28,422) $ 43,119 $ 71,541 Budget Amounts Actual
Over/(Under)
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CITY OF CORONADO
BUDGETARY COMPARISON SCHEDULE
PUBLIC SAFETY
YEAR ENDED JUNE 30, 2025
Original Final Actual Amounts
Revenues:
Intergovernmental $ 15,000 $ 15,000 $ 24,168 $ 9,168
Use of money and property 5,614 5,614 9,424 3,810
Total Revenues 20,614 20,614 33,592 12,978
Expenditures:
Public safety 30,745 30,745 17,842 (12,903)
Total Expenditures 30,745 30,745 17,842 (12,903)
Net Change in Fund Balance (10,131) (10,131) 15,750 25,881 Budgetary Fund Balance, July 1 175,074 175,074 175,074 - Budgetary Fund Balance, June 30 $ 164,943 $ 164,943 $ 190,824 $ 25,881 Budget Amounts Actual
Over/(Under)
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CITY OF CORONADO
BUDGETARY COMPARISON SCHEDULE
LIBRARY
YEAR ENDED JUNE 30, 2025
Original Final Actual Amounts
Revenues:
Use of money and property $ 34,299 $ 34,299 $ 47,656 $ 13,357 Miscellaneous 70,000 70,000 64,581 (5,419)
Total Revenues 104,299 104,299 112,237 7,938
Expenditures:
Culture and leisure 110,500 110,500 78,435 (32,065)
Total Expenditures 110,500 110,500 78,435 (32,065)
Net Change in Fund Balance (6,201) (6,201) 33,802 40,003 Budgetary Fund Balance, July 1 1,015,549 1,015,549 1,015,549 - Budgetary Fund Balance, June 30 $ 1,009,348 $ 1,009,348 $ 1,049,351 $ 40,003 Budget Amounts Actual
Over/(Under)
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CITY OF CORONADO
BUDGETARY COMPARISON SCHEDULE
AFFORDABLE HOUSING
YEAR ENDED JUNE 30, 2025
Original Final Actual Amounts
Revenues:
Use of money and property $ 70,783 $ 70,783 $ 100,591 $ 29,808 Miscellaneous - - 500 500
Total Revenues 70,783 70,783 101,091 30,308
Expenditures:
Planning and building services 20,600 20,600 5,864 (14,736) Total Expenditures 20,600 20,600 5,864 (14,736)
Net Change in Fund Balance 50,183 50,183 95,227 45,044
Budgetary Fund Balance, July 1 906,841 906,841 906,841 - Budgetary Fund Balance, June 30 $ 957,024 $ 957,024 $ 1,002,068 $ 45,044 Budget Amounts Actual
Over/(Under)
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CITY OF CORONADO
BUDGETARY COMPARISON SCHEDULE
AFFORDABLE HOUSING IN LIEU
YEAR ENDED JUNE 30, 2025
Original Final Actual Amounts
Revenues:
Charges for services $ 50,000 $ 50,000 $ 84,000 $ 34,000 Use of money and property 65,257 65,257 94,839 29,582
Total Revenues 115,257 115,257 178,839 63,582
Net Change in Fund Balance 115,257 115,257 178,839 63,582 Budgetary Fund Balance, July 1 1,760,932 1,760,932 1,760,932 - Budgetary Fund Balance, June 30 $ 1,876,189 $ 1,876,189 $ 1,939,771 $ 63,582 Budget Amounts Actual
Over/(Under)
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CITY OF CORONADO
BUDGETARY COMPARISON SCHEDULE
CORONADO TIDELANDS
YEAR ENDED JUNE 30, 2025
Original Final Actual Amounts
Revenues:
Charges for services $ 1,675,000 $ 1,675,000 $ 1,902,202 $ 227,202 Use of money and property 314,842 314,842 493,320 178,478 Total Revenues 1,989,842 1,989,842 2,395,522 405,680
Expenditures:
Culture and leisure 879,004 879,127 867,709 (11,418)
Total Expenditures 879,004 879,127 867,709 (11,418)
Net Change in Fund Balance 1,110,838 1,110,715 1,527,813 417,098 Budgetary Fund Balance, July 1 8,804,010 8,804,010 8,804,010 - Budgetary Fund Balance, June 30 $ 9,914,848 $ 9,914,725 $ 10,331,823 $ 417,098 Budget Amounts Actual
Over/(Under)
Budget
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CITY OF CORONADO
BUDGETARY COMPARISON SCHEDULE
CAPITAL PROJECTS FUND
YEAR ENDED JUNE 30, 2025
Original Final Actual Amounts
Revenues:
Use of money and property $ - $ - $ 1,798,093 $ 1,798,093 Total Revenues - - 1,798,093 1,798,093
Expenditures:
Capital outlay 2,850,000 14,234,367 2,225,609 (12,008,758) Total Expenditures 2,850,000 14,234,367 2,225,609 (12,008,758) Excess (Deficiency) of Revenues
Over (Under) Expenditures (2,850,000) (14,234,367) (427,516) 13,806,851 Other Financing Sources (Uses):
Transfers in 850,000 1,500,000 1,500,000 -
Total Other Financing Sources (Uses) 850,000 1,500,000 1,500,000 - Net Change in Fund Balance (2,000,000) (12,734,367) 1,072,484 13,806,851 Budgetary Fund Balance, July 1 44,006,007 44,006,007 44,006,007 - Budgetary Fund Balance, June 30 $ 42,006,007 $ 31,271,640 $ 45,078,491 $ 13,806,851 Budget Amounts Actual
Over/(Under)
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CITY OF CORONADO
STATISTICAL SECTION
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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.
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2015-16 2016-17 2017-18 2018-19
Governmental activities:
Net investment in capital assets $ 119,396,004 $ 128,475,663 $ 129,502,485 $ 129,961,176 Restricted 15,373,001 17,402,258 23,770,635 50,900,920
Unrestricted 87,417,337 102,264,206 99,784,410 78,862,469 Total governmental activities net position $ 222,186,342 $ 248,142,127 $ 253,057,530 $ 259,724,565 Business-type activities:
Net investment in capital assets $ 36,024,815 $ 36,958,117 $ 37,493,053 $ 39,487,586 Restricted - - - -
Unrestricted 9,135,426 10,532,940 12,463,634 12,491,878 Total business-type activities net position $ 45,160,241 $ 47,491,057 $ 49,956,687 $ 51,979,464 Primary government:
Net investment in capital assets $ 155,420,819 $ 165,433,780 $ 166,995,538 $ 169,448,762 Restricted 15,373,001 17,402,258 23,770,635 50,900,920
Unrestricted 96,552,763 112,797,146 112,248,044 91,354,347 Total primary government net position $ 267,346,583 $ 295,633,184 $ 303,014,217 $ 311,704,029 Fiscal Year
CITY OF CORONADO
NET POSITION BY COMPONENT
LAST TEN FISCAL YEARS
(accrual basis of accounting)
TABLE 1
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CITY OF CORONADO
2019-20 2020-21 2021-22 2022-23 2023-24 2024-25
$ 131,584,730 $ 129,875,175 $ 130,411,480 $ 127,311,375 $ 128,507,020 $ 128,833,753 47,904,346 50,310,634 38,145,227 37,705,508 41,425,153 45,127,802 78,358,378 73,512,302 98,843,320 119,925,342 113,307,890 102,462,546 $ 257,847,454 $ 253,698,111 $ 267,400,027 $ 284,942,225 $ 283,240,063 $ 276,424,101 $ 42,951,193 $ 42,081,320 $ 45,296,225 $ 49,420,287 $ 57,420,625 $ 66,864,183 - - - - - -
12,066,044 15,605,653 16,198,756 16,120,977 23,696,831 35,505,643 $ 55,017,237 $ 57,686,973 $ 61,494,981 $ 65,541,264 $ 81,117,456 $ 102,369,826 $ 174,535,923 $ 171,956,495 $ 175,707,705 $ 176,731,662 $ 185,927,645 $ 195,697,936 47,904,346 50,310,634 38,145,227 37,705,508 41,425,153 45,127,802 90,424,422 89,117,955 115,042,076 136,046,319 137,004,721 137,968,189 $ 312,864,691 $ 311,385,084 $ 328,895,008 $ 350,483,489 $ 364,357,519 $ 378,793,927 Fiscal Year
NET POSITION BY COMPONENT
LAST TEN FISCAL YEARS
(accrual basis of accounting)
TABLE 1
(Continued)
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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)
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CITY OF CORONADO
2019-20 2020-21 2021-22 2022-23 2023-24 2024-25
EXPENSES:
Governmental activities:
General Government $ 11,723,725 $ 11,983,665 $ 10,423,903 $ 13,435,216 $ 15,696,649 $ 17,700,600 Public Safety 24,962,050 27,756,674 23,767,540 29,688,984 32,567,622 34,889,444 Construction and Maintenance 16,673,131 13,984,450 11,584,251 13,882,871 15,964,132 16,354,472 Culture and Leisure 10,158,149 8,171,526 9,036,246 11,286,300 12,257,794 13,277,210 Planning and Building Services 3,054,353 3,634,687 2,745,784 3,385,350 3,782,889 3,278,260 Housing 23,810 126,804 97,330 190,426 6,503 5,864
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 85,505,850 Business-type activities:
Wastewater 6,442,924 6,708,941 6,276,533 6,226,744 8,142,956 7,862,995 Golf 3,584,465 3,400,518 3,485,940 3,868,055 4,309,563 4,535,940 Storm Drain 1,171,761 1,374,070 1,301,421 1,511,018 3,658,510 2,174,923 Total business-type activities expenses 11,199,150 11,483,529 11,063,894 11,605,817 16,111,029 14,573,858 Total primary government expenses 77,794,368 77,141,335 68,718,947 83,474,964 96,386,617 100,079,708 PROGRAM REVENUES:
Governmental activities:
Charges for services:
General government 2,372,274 2,421,046 2,316,005 2,536,493 2,681,464 3,081,824 Public safety 1,329,442 906,666 242,907 361,356 352,997 475,024 Construction and maintenance 580,507 512,398 570,751 486,055 616,311 609,240 Culture and leisure 1,695,062 831,207 1,317,204 1,946,857 1,587,053 1,892,470 Planning and building services 1,648,483 1,525,864 1,699,966 1,648,414 1,447,295 1,281,824 Housing 42,000 21,000 98,000 28,000 168,000 84,000
Tidelands - - - - - -
Transportation - - - - - -
Operating grants and contributions 3,123,744 3,089,246 5,996,232 6,559,734 4,529,110 6,298,919 Capital grants and contributions 2,278,197 1,081,528 990,735 137,297 291,427 1,095,109 Total governmental activities
program revenues 13,069,709 10,388,955 13,231,800 13,704,206 11,673,657 14,818,410 Business type activities:
Charges for services:
Wastewater 8,582,092 7,867,326 9,534,408 7,836,385 8,705,908 9,223,624 Golf 3,542,115 4,765,583 4,756,241 4,731,490 4,846,636 5,670,620 Storm Drain 677,479 646,526 672,044 663,960 2,237,320 649,014 Total business type activities
program revenues 12,801,686 13,279,435 14,962,693 13,231,835 15,789,864 15,543,258 Total primary government
program revenues 25,871,395 23,668,390 28,194,493 26,936,041 27,463,521 30,361,668 (Continued)
CHANGES IN NET POSITION
LAST TEN FISCAL YEARS
(accrual basis of accounting)
TABLE 2
Fiscal Year
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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 (Continued)
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CITY OF CORONADO
2019-20 2020-21 2021-22 2022-23 2023-24 2024-25
CHANGES IN NET POSITION
LAST TEN FISCAL YEARS
(accrual basis of accounting)
TABLE 2
Fiscal Year
Net revenues (expenses):
Governmental activities (53,525,509) (55,268,851) (44,423,253) (58,164,941) (68,601,931) (70,687,440) Business-type activities 1,602,536 1,795,906 3,898,799 1,626,018 (321,165) 969,400 Total net revenue (expenses) (51,922,973) (53,472,945) (40,524,454) (56,538,923) (68,923,096) (69,718,040) 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 44,301,320 Transient occupancy taxes 10,993,396 9,595,095 19,745,307 22,741,252 21,358,089 20,847,749 Sales and use taxes 2,889,322 2,884,335 4,800,531 5,015,515 4,875,464 5,109,771 Franchise & Other taxes 1,910,180 2,159,854 1,639,188 2,052,307 2,192,781 1,866,180 Use of Money and Property 3,576,441 2,780,960 (3,648,551) 6,397,979 9,298,258 9,800,260 Other 200,619 84,942 304,696 1,011,620 151,578 604,797
Extraordinary gain and special items - - - - - -
Transfers (685,000) (685,000) (500,000) (610,487) (12,851,393) (16,800,000) Total governmental activities 51,648,398 51,119,508 58,125,169 75,707,139 66,899,769 65,730,077 Business type activities:
Use of Money and Property 750,237 188,830 (366,923) 1,809,778 3,045,964 2,523,212 Gain on sale of capital assets - - - - - -
Other - - - - - -
Extraordinary gain and special items - - - - - -
Transfers 685,000 685,000 500,000 610,487 12,851,393 16,800,000 Total business type activities 1,435,237 873,830 133,077 2,420,265 15,897,357 19,323,212 Total primary government 53,083,635 51,993,338 58,258,246 78,127,404 82,797,126 85,053,289 Changes in net position
Government activities (1,877,111) (4,149,343) 13,701,916 17,542,198 (1,702,162) (4,957,363) Business-type activities 3,037,773 2,669,736 4,031,876 4,046,283 15,576,192 20,292,612 Total primary government $ 1,160,662 $ (1,479,607) $ 17,733,792 $ 21,588,481 $ 13,874,030 $ 15,335,249 (Concluded)
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Property Taxes
Sales and
Use Taxes
Transient Occupancy
Taxes Tax Increment
Franchise &
Other Taxes Totals
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
44,301,320 5,109,771 20,847,749 1,866,180 - 72,125,020
2015-16
2016-17
2017-18
(accrual basis of accounting)
TABLE 3
CITY OF CORONADO
GOVERNMENTAL ACTIVITIES TAX REVENUES BY SOURCE
LAST TEN FISCAL YEARS
Fiscal Year
2024-25
2020-21
2019-20
2018-19
2022-23
2023-24
2021-22
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CITY OF CORONADO
2015-16 2016-17 2017-18 2018-19 2019-20
General fund:
Non-spendable $ 4,058,544 $ 3,627,332 $ 3,406,472 $ 7,122,571 $ 9,163,218 Restricted 260,471 354,153 4,650,146 45,324,841 27,268,901 Committed 22,051,000 24,107,000 29,850,000 31,350,000 28,486,000 Assigned 17,468,480 18,527,767 16,392,008 17,036,668 31,343,174 Unassigned 24,062,440 23,820,586 25,852,210 18,985,280 27,498,711 Total general fund 67,900,935 70,436,838 80,150,836 119,819,360 123,760,004 All other governmental funds:
Nonspendable - - 25,200 26,000 -
Restricted 15,112,530 17,048,105 19,120,489 20,840,529 20,635,445 Assigned 21,047,743 29,202,441 32,252,756 31,871,841 31,160,347 Unassigned - - - - -
Total all other governmental funds 36,160,273 46,250,546 51,398,445 52,738,370 51,795,792 Total Governmental funds $ 104,061,208 $ 116,687,384 $ 131,549,281 $ 172,557,730 $ 175,555,796
LAST TEN FISCAL YEARS
(modified accrual basis of accounting)
TABLE 4
FUND BALANCES OF GOVERNMENTAL FUNDS
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CITY OF CORONADO
2020-21 2021-22 2022-23 2023-24 2024-25
General fund:
Nonspendable $ 7,541,314 $ 6,824,963 $ 6,175,143 $ 5,517,317 $ 4,892,790 Restricted 29,824,069 32,685,472 32,248,740 35,106,715 21,221,586 Committed 31,350,000 32,116,000 36,025,000 37,814,000 41,140,000 Assigned 29,859,764 30,227,994 33,861,276 20,904,455 17,989,993 Unassigned 27,156,387 30,705,184 42,252,230 43,018,896 53,361,192 Total general fund 125,731,534 132,559,613 150,562,389 142,361,384 138,605,561 All other governmental funds:
Nonspendable 18,901 18,699 18,938 19,101 18,732
Restricted 20,467,664 18,123,140 20,276,622 23,500,646 26,358,570 Assigned 30,180,785 32,361,788 34,743,355 44,006,007 45,078,491 Unassigned - - -
Total all other governmental funds 50,667,350 50,503,627 55,038,915 67,525,754 71,455,793 Total Governmental funds $ 176,398,884 $ 183,063,240 $ 205,601,304 $ 209,887,138 $ 210,061,354 NOTE:
(1) Substantial increases or decreases in fund balance components are explained in the Management Discussion and Analysis Section (MD&A).
FUND BALANCES OF GOVERNMENTAL FUNDS
LAST TEN FISCAL YEARS
(modified accrual basis of accounting)
TABLE 4
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CITY OF CORONADO
2015-16 2016-17 2017-18 2018-19 2019-20
REVENUES:
Taxes $ 46,010,444 $ 47,552,533 $ 50,348,271 $ 52,421,214 $ 48,556,338 Licenses and permits 1,526,619 1,482,048 1,084,087 1,205,799 1,114,095 Intergovernmental 1,940,449 3,061,093 2,109,351 1,814,836 3,142,932 Charges for current services 7,420,789 6,923,874 7,208,311 6,889,612 6,186,875 Use of money and property 1,092,243 488,996 1,860,088 3,081,788 3,576,441 Fines and forfeitures 360,399 333,356 360,984 378,703 366,798 Miscellaneous 219,550 214,698 935,155 215,313 200,619
Contributions - - - - -
Reimbursements 1,559,759 3,340,125 1,543,355 1,772,158 2,259,009 Total revenues 60,130,252 63,396,723 65,449,602 67,779,423 65,403,107 EXPENDITURES:
Current:
General government 7,262,147 8,089,542 8,251,827 9,022,893 9,945,290 Public safety 18,748,416 19,642,662 19,755,841 20,732,847 21,950,225 Construction and maintenance 8,655,931 9,791,994 11,012,267 11,377,360 11,770,733 Culture and leisure 7,778,976 8,373,053 8,470,179 9,559,748 8,473,309 Planning and building services 1,722,191 2,040,854 2,001,280 2,247,536 2,651,672 Housing 275,743 - - - -
Transportation - - - - -
Capital outlay 7,113,990 13,192,328 5,964,861 5,620,390 6,928,812 Debt service:
Principal retirement 23,323 - - - -
Interest and fiscal charges 147 - - - -
Total Expenditures 51,580,864 61,130,433 55,456,255 58,560,774 61,720,041
EXCESS (DEFICIENCY) OF REVENUES
OVER (UNDER) EXPENDITURES 8,549,388 2,266,290 9,993,347 9,218,649 3,683,066 OTHER FINANCING SOURCES (USES):
Transfers in 19,352,230 19,331,945 6,057,826 3,885,000 2,356,000 Transfers out (20,040,761) (21,162,880) (7,032,826) (5,210,000) (3,041,000) Other debts issued - - - - -
Total Other financing sources (uses) (688,531) (1,830,935) (975,000) (1,325,000) (685,000) Special item 12,190,821 - 2,780,754 33,114,800 -
NET CHANGE IN FUND BALANCES $ 7,860,857 $ 12,626,176 $ 11,799,101 $ 41,008,449 $ 2,998,066 Debt service as a percentage of
noncapital expenditures 0.05% 0.00% 0.00% 0.00% 0.00%
CHANGES IN FUND BALANCE OF GOVERNMENTAL FUNDS
LAST TEN FISCAL YEARS
(modified accrual basis of accounting)
TABLE 5
138 Attachment 1
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December 02, 2025 City of Coronado Page 235
CITY OF CORONADO
2020-21 2021-22 2022-23 2023-24 2024-25
REVENUES:
Taxes $ 48,938,606 $ 61,969,024 $ 69,430,171 $ 70,788,932 $ 72,617,667 Licenses and permits 817,558 817,934 676,855 784,031 754,154 Intergovernmental 2,601,328 5,520,884 4,699,074 1,852,623 4,166,095 Charges for current services 5,185,447 6,051,783 6,512,322 6,319,839 6,974,126 Use of money and property 2,780,960 (3,636,890) 6,560,293 9,464,893 9,961,894 Fines and forfeitures 215,176 220,731 300,784 298,149 337,472 Miscellaneous 84,942 304,696 1,021,925 202,383 629,112
Contributions - - - - -
Reimbursements 1,569,446 1,513,723 1,586,746 2,323,977 2,891,616 Total revenues 62,193,463 72,761,885 90,788,170 92,034,827 98,332,136 EXPENDITURES:
Current:
General government 10,354,476 10,997,768 12,333,936 13,799,796 16,034,721 Public safety 23,950,588 25,175,627 27,286,201 28,307,764 31,007,311 Construction and maintenance 12,072,194 12,031,555 12,538,668 13,747,830 14,374,492 Culture and leisure 7,055,799 8,309,747 9,313,892 9,645,195 10,488,166 Planning and building services 3,247,314 3,145,616 3,406,124 3,406,030 3,003,190 Housing - - - - -
Transportation - - - - -
Capital outlay 3,985,004 5,937,216 2,658,687 5,804,811 6,263,745 Debt service:
Principal retirement - 170,157 - 160,153 167,975
Interest and fiscal charges - - 2,061 26,024 18,317
Total Expenditures 60,665,375 65,597,529 67,709,726 74,897,603 81,357,917
EXCESS (DEFICIENCY) OF REVENUES
OVER (UNDER) EXPENDITURES 1,528,088 7,164,356 23,078,444 17,137,224 16,974,219 OTHER FINANCING SOURCES (USES):
Transfers in 930,000 3,005,000 3,184,042 12,728,243 1,500,000 Transfers out (1,615,000) (3,505,000) (3,794,529) (25,579,636) (18,300,000) Other debts issued - - 70,107 - -
Total Other financing sources (uses) (685,000) (500,000) (540,380) (12,851,393) (16,800,000) Special item - - - - -
NET CHANGE IN FUND BALANCES $ 843,088 $ 6,664,356 $ 22,538,064 $ 4,285,831 $ 174,219 Debt service as a percentage of
noncapital expenditures 0.00% 0.00% 0.26% 0.27% 0.25%
CHANGES IN FUND BALANCE OF GOVERNMENTAL FUNDS
LAST TEN FISCAL YEARS
(modified accrual basis of accounting)
TABLE 5
(Continued)
139 Attachment 1
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December 02, 2025 City of Coronado Page 236
City of Coronado
Fiscal Year Residential Commercial Industrial Institutional Recreational 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 2024-25 10,393,791,109 1,788,524,051 595,400 2,231,939 168,580,075 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
140 Attachment 1
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December 02, 2025 City of Coronado Page 237
City of Coronado
Total
Fiscal Year Vacant Land Cross Reference Unsecured Totals Direct Rate 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 2024-25 47,012,723 203,589,067 210,299,656 12,814,624,020 0.30199
ASSESSED VALUE OF TAXABLE PROPERTY
TABLE 6
LAST TEN FISCAL YEARS
(Continued)
141 Attachment 1
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December 02, 2025 City of Coronado Page 238
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 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 2024-25 1.00000 0.00510 0.04589 0.04377 0.06095 1.15571 0.26235 - 0.30199 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. 142 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 239
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 $ 903,421,022.00 7.05% 603,828,160.00 $ 7.79% PR III Broadstone Coronado LLC $ 0.00% 164,726,770.00 - $ 2.13% Sarah Patrice Makovic TRUST $ 192,898,574.00 1.51% $ 0.00% - Coronado Commonwealth APTS INC $ 0.00% - $ 0.00% -
Host Hotels and Resorts LP $ 108,446,201.00 0.85% 92,871,728.00 $ 1.20% McGinnins Family Trust $ 0.00% - $ 0.00% -
51st and 8th Avenue Corporation $ 74,211,434.00 0.58% 109,887,232.00 $ 1.42% Jeff and Sharon Stevens $ 0.00% - $ 0.00% -
HDC South Beach Development LLC $ 68,166,305.00 0.53% $ 0.00% - Hotel Del Partners LP $ 0.00% 20,844,476.00 - $ 0.27%
El Cordova Coronado LLC $ 46,709,852.00 0.36% $ 0.00% - Kabir Bluestar LLC $ 39,589,367.00 0.31% $ 0.00% -
Shops at Coronado LLC $ 25,540,260.00 0.20% $ 0.00% -
Madison-Desplaines Development LLC $ 39,024,405.00 0.30% $ 0.00% - Pref Coronado Plaza LLC $ 0.00% 21,929,570.00 - $ 0.28% Boden Family Investments II LLC $ 0.00% 17,897,431.00 - $ 0.23% Invercor 901 LLC $ 0.00% 12,619,677.00 - $ 0.16%
James T. and Tally J. Nathan $ 0.00% - $ 0.00% -
Grupo Arhe Real Estate Holdings LLC $ 25,396,977.00 0.20% $ 0.00% - Thad H Call Trust $ 0.00% 14,333,953.00 - $ 0.19%
Christopher Bower $ 0.00% 12,690,571.00 - $ 0.16%
Principal Taxpayers' Totals 1,523,404,397 $ 11.89% 1,071,629,568 $ 13.83% City Totals 12,814,624,020 $ $ 7,746,858,964
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
2024-25 2015-16
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December 02, 2025 City of Coronado Page 240
CITY OF CORONADO
Percent
Fiscal Total Current Tax of Levy Total Tax
Year Tax Levy Collections Collected Collections
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% 2024-25 $37,279,857 $37,242,893 99.9% $25,613 $37,268,506 100.0% 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
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December 02, 2025 City of Coronado Page 241
THE CITY OF CORONADO
Fiscal Year
Revenue
Bond Debt Capital Lease Population (1)
Debt per
Capita
Number of
Units (2)
Debt per
Unit
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 -
2024-25 - - 22,610 - 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
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December 02, 2025 City of Coronado Page 242
CITY OF CORONADO
SCHEDULE OF DIRECT AND OVERLAPPING DEBT
JUNE 30, 2025
TABLE 11
Total Debt
June 30, 2025
% Applicable
(1)
Estimated Share of
Debt June 30, 2025
Direct Debt:
City of Coronado $ - 100.000% $ -
Overlapping Tax and Assessment Debt:
Southwestern Community College District $719,185,157 15.625% $ 112,372,681 Coronado Unified School District 2,545,521 100.000% 2,545,521 Total Overlapping Tax and Assessment Debt $ 114,918,202
Overlapping General Fund Debt:
San Diego County General Fund Obligations $351,065,000 1.729% $ 6,069,914 San Diego County Pension Obligations 140,370,000 1.729% 2,426,997 San Diego County Superintendent of Schools
Obligations
5,125,000
1.729%
88,611
Coronado Unified School District Certificates of
Participation 14,634,441 100.000%
14,634,441
Total Overlapping General Fund Debt $ 23,219,963
OVERLAPPING TAX INCREMENT DEBT (Successor
Agency):
$ 42,895,000 100.000% $ 42,895,000
COMBINED TOTAL DEBT $ 181,033,165 (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.
146 Attachment 1
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December 02, 2025 City of Coronado Page 243
Net assessed value of all taxable property $ 12,814,624,020 Conversion percentage 25.00%
Adjusted assessed valuation 3,203,656,005
Debt limit percentage 15.00%
Debt limit 480,548,401
Total net debt applicable to limit -
Legal debt margin $ 480,548,401
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, 2025
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.
147 Attachment 1
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December 02, 2025 City of Coronado Page 244
Fiscal
Year Ended
June 30
Storm Drain User
Charges Principal Interest Coverage
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 - - -
2024-25* 649,014 - - -
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
148 Attachment 1
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December 02, 2025 City of Coronado Page 245
CITY OF CORONADO
Calendar
Year
Population
(1) % Change
Per Capita
Personal
Income (2)
Labor
Force (3)
Unemployment Rate (4)
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 4.4% * 65,004 8,100 6.2%
2021-22 22,007 -1.6% * 65,004 8,100 3.3%
2022-23 22,150 0.6% * 61,904 8,200 3.6%
2023-24 21,589 -2.5% * 63,168 8,100 4.4%
2024-25 22,610 4.7% 65,474 6,800 5.0%
NOTE * The formula for the "% change" in population in fiscal years FY20-2021 through FY2024 has been corrected.
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
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December 02, 2025 City of Coronado Page 246
CITY OF CORONADO
Taxpayer 2024-25 2015-16
U.S.Navy (North Island Naval Air Station, et al) Military & Civilian 3300 11,000 - 14,999 Branch Health Clinic North Island NAS n/a n/a
Hotel Del Coronado 1,000 - 4,999 1,000 - 4,999
Loews Hotels Coronado Bay Resort 500 - 999 500 - 999
Sharp Coronado Hospital 500 - 999 500 - 999
City of Coronado 250 - 499 250 - 499
Marriott-Coronado Island 250 - 499 250 - 499
Coronado Unified School District 250 - 499 250 - 499
Vons 70 n/a
Peohe's Restaurant 100 - 249 100 - 249
BAE Systems (marine equip. & supplies) 100 - 249 100 - 249 Realty Executives Dillon 3 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
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CITY OF CORONADO
Function 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 General government 23.00 25.00 25.00 25.00 26.00 26.00 26.00 26.00 27.00 27.00 Planning and building services 10.60 10.00 10.00 13.00 13.00 13.00 13.00 13.00 13.00 13.00 Public safety 105.25 108.25 108.25 109.25 111.00 111.00 112.25 112.25 113.50 113.75 Culture and leisure 43.50 45.00 45.00 44.50 45.00 45.00 45.00 45.00 45.00 45.00 Construction and maintenance 51.90 53.50 53.50 52.50 55.00 55.00 54.50 54.50 54.50 56.00 Total 235.25 241.75 241.75 245.25 250.00 250.00 250.75 250.75 253.00 254.75 Source: City Personnel Authorization and Compensation Plan
FULL-TIME AND PART-TIME CITY EMPLOYEES
LAST TEN FISCAL YEARS
TABLE 16
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December 02, 2025 City of Coronado Page 248
CITY OF CORONADO
2015-16 2016-17 2017-18 2018-19 2019-20
Public Safety:
Felony arrests made 119 146 146 130 110
Misdemeanor arrests made 749 684 684 723 588
Parking citations issued 4,812 6,640 5,755 9,371 7,773
Fire emergency responses 2,080 1,927 1,927 2,216 1,856
Building safety inspections 212 161 161 50 141
Beach lifeguard rescues 681 196 196 202 445
Construction and Maintenance (a):
Roads re-surfaced (miles) 0.00 0.50 0.50 0.00 1.10
Sidewalks re-surfaced (miles) 0.00 0.00 0.00 0.10 0.15
Alleys re-surfaced (miles) 0.00 0.00 0.00 0.00 0.00
Roads slurry sealed (miles) 4.01 4.09 4.09 0.00 9.50
Planning and Building:
Building permits issued 1,232 1,160 1,017 980 888
Building inspections 8,275 8,086 7,449 6,783 6,293
Culture and Leisure:
Library volumes in collection 163,529 162,006 216,689 216,513 177,489 Library audio-visual items in collection 34,627 38,881 50,546 51,426 66,268 Library items loaned 276,158 235,463 232,322 245,896 216,010 Library user traffic 306,206 312,351 278,363 293,649 244,436 Recreation classes/activities held 1,317 1,218 1,253 1,115 831 Pool admissions 59,798 45,948 29,582 27,558 20,886
Facility rentals 796 778 2,207 2,045 1,135
Golf rounds played 84,806 84,253 87,351 88,203 82,140
Wastewater/Storm Drain:
Residential units 11,237 11,237 11,237 11,245 11,795
Commercial units 557 557 557 563 563
Average daily treatment, estimated (millions/gallons) 2.5 2.4 2 2 2 (a) Projects completed and capitalized during the fiscal year Source: City of Coronado Operating Departments
OPERATING INDICATORS BY FUNCTION
LAST TEN FISCAL YEARS
TABLE 17
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December 02, 2025 City of Coronado Page 249
CITY OF CORONADO
2020-21 2021-22 2022-23 2023-24 2024-25
Public Safety:
Felony arrests made 101 115 133 138 84
Misdemeanor arrests made 522 384 395 310 200
Parking citations issued 6,331 4,863 8,128 6,353 9,490
Fire emergency responses 1,958 2,395 2,808 2,749 2,809
Building safety inspections 0 81 426 275 597
Beach lifeguard rescues 642 480 249 358 164
Construction and Maintenance (a):
Roads re-surfaced (miles) 0.33 0.69 0.70 0.00 0.50
Sidewalks re-surfaced (miles) 0.08 1.12 0.80 0.50 0.70
Alleys re-surfaced (miles) 0.00 0.00 0.00 0.00 0.25
Roads slurry sealed (miles) 6.00 3.22 4.30 0.00 4.00
Planning and Building:
Building permits issued 849 859 973 962 850
Building inspections 6,332 6,629 6,730 7,822 8,830
Culture and Leisure:
Library volumes in collection 170,421 172,625 179,580 137,153 167,223 Library audio-visual items in collection 35,443 30,513 32,373 7,069 29,041 Library items loaned 208,682 167,507 159,299 172,729 143,082 Library user traffic 114,933 79,190 396,645 361,127 218,422 Recreation classes/activities held 403 831 842 909 1,274 Pool admissions 39,426 60,816 48,150 29,082 30,098
Facility rentals 133 293 324 342 369
Golf rounds played 109,621 102,857 96,605 100,008 100,484 Wastewater/Storm Drain:
Residential units 11,795 11,801 9,189 9,201 9,234
Commercial units 563 580 975 643 651
Average daily treatment, estimated (millions/gallons) 1.5 2.0 2.0 1.4 1.4 TABLE 17
(Continued)
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December 02, 2025 City of Coronado Page 250
CITY OF CORONADO
2015-16 2016-17 2017-18 2018-19 2019-20
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
154 Attachment 1
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CITY OF CORONADO
2020-21 2021-22 2022-23 2023-24 2024-25
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
Source: City of Coronado Statistical Information, FY25 Adopted Budget Pg 21 (Continued)
Fiscal Year
CAPITAL ASSET STATISTICS BY FUNCTION
LAST TEN FISCAL YEARS
TABLE 18
155 Attachment 1
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156 Attachment 1
Item 4.e
December 02, 2025 City of Coronado Page 253
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, 2025, and have issued our report thereon dated November 19, 2025. 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 27, 2025, 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
Item 4.e
December 02, 2025 City of Coronado Page 254
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:
The implementation of the new compensated absences accounting standard, Governmental Accounting Standards Board (GASB) Statement No. 101. As a result, we reviewed the Cityt’s calculations and ensured the financial statements and footnotes are accurate and complete.
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. As described in Note 22 to the financial statements, during the year, the entity changed its method of accounting for compensated absences by adopting Governmental Accounting Standards Board (GASB) Statement No. 101, Compensated Absences. Accordingly, the cumulative effect of the accounting change as of the beginning of the year has been reported in the Statement of Revenues, Expenses, and Change in Net Position. Additionally, the City changed accounting policies regarding risk disclosures related to government vulnerabilities due to concentrations and constraints by adopting Statement of Governmental Accounting Standards (GASB Statement) No. 102, Certain Risk Disclosures. 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.
Attachment 2
Item 4.e
December 02, 2025 City of Coronado Page 255
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.
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
We encountered no significant difficulties in dealing with management relating to the performance 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. 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. There were no uncorrected misstatements noted as a result of our audit procedures.
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. Material entries were made to correct current period pension-related deferred inflows and to correct prior period net pension liability and related deferred outflows and inflows in the Golf Course and Storm Drain funds.
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.
Attachment 2
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December 02, 2025 City of Coronado Page 256
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, 2025.
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, 2025
Attachment 2
Item 4.e
December 02, 2025 City of Coronado Page 257
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, 2025. 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, 2025. 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
Item 4.e
December 02, 2025 City of Coronado Page 258
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, 2025
Attachment 3
Item 4.e
December 02, 2025 City of Coronado Page 259
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, 2025.
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, 2025.
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
Item 4.e
December 02, 2025 City of Coronado Page 260
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.
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.
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
Item 4.e
December 02, 2025 City of Coronado Page 261
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, 2025, and we have issued our report thereon dated November 19, 2025, 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, 2025
Attachment 4
Item 4.e
December 02, 2025 City of Coronado Page 262
CITY OF CORONADO HOUSING SUCCESSOR
COMPUTATION OF HOUSING SUCCESSOR
EXCESS/SURPLUS (HSC 34176.1)
Opening Fund Balance $ (906,841)
Less Unavailable Amounts:
$ (6,757,031)
(6,757,031)
(7,663,872)
Aggregate amount deposited for last four years:
2024-2025 $ 101,091
2023-2024 95,729
2022-2023 86,394
2021-2022 29,676
Total $ 312,890
Base Limitation $ 1,000,000
$ 1,000,000
Computed Excess/Surplus None
Low and Moderate
Housing Funds
June 30, 2025
Greater amount
Available Housing Successor Funds
Loans Receivable
Limitation (greater of $1,000,000 or four years deposits) Attachment 4
Item 4.e
December 02, 2025 City of Coronado Page 263
CITY COUNCIL STAFF REPORT
Adoption of a Resolution Approving Final Map Number PC2025-01, Located at 737-753 Orange Avenue, Coronado, California
RECOMMENDATION
Adopt “A Resolution of the City Council of the City of Coronado, California, Approving Final Map Number PC2025-01, Located at 737-753 Orange Avenue, Coronado, California.”
BACKGROUND
The request is for a one-lot Final Map (PC2025-01) with condominium ownership pursuant to Chapter
82.50 (Major Subdivisions) to allow for condominium ownership of 12 residential units at 737-753 Orange Avenue. On May 12, 2025, the City Council adopted Resolution No. 2025-24, conditionally approving the Tentative Map.
Pursuant to Government Code Section 66458(a), the City Council shall approve or conditionally approve the Final Map if it conforms to all the requirements and conditions of the Tentative Map, Subdivision Map Act, and applicable local ordinances or disapprove if it does not conform. Government Code Sections 66462 and 66462.5 allow the City to require the subdivider to enter into an improvement agreement before the Final Map is approved.
Coronado Municipal Code (CMC) Section 82.54.130.A requires that the subdivider shall submit the proposed Final Map to the Department of Community Development which shall set the matter as a consent calendar item on the agenda of the next available regular meeting of the City Council. CMC Section 82.54.130.C requires that at the meeting at which it receives the proposed Final Map, or at its next regular meeting, the City Council shall approve the Map if it conforms to all of the requirements of that title applicable at the time of approval or conditional approval of the Tentative Map and any rulings made thereunder; or, if it does not so conform, disapprove the Final Map.
ANALYSIS
The Final Map complies with the previously approved Tentative Map. The project complies with the State Map Act and the Coronado Subdivision Ordinance.
The property is currently under construction. The improvements and conditions required by the City Council at the time the Tentative Map was approved will be incorporated into a secured subdivision surety agreement. This agreement will be recorded and will run with the land. All public improvements and conditions will need to be fulfilled prior to the building permit being finalized and occupancy permitted.
Section 82.54.130.A of the City’s Subdivision Ordinance requires Final Subdivision Maps to be specifically placed on the City Council’s agenda as a consent calendar item.
For additional details, please see the attachments. A full-size copy of the proposed Final Map is available to review in the Community Development Department.
FISCAL IMPACT
None.
Item 4.f
December 02, 2025 City of Coronado Page 264
ALTERNATIVE
Disapprove the Final Map if it does not so conform to all of the requirements of the Tentative Map.
CALIFORNIA ENVIRONMENTAL QUALITY ACT
This action is not subject to CEQA.
PUBLIC NOTICE
No public notice is required for this item.
ATTACHMENTS
1. Resolution 2025-58
2. Draft Final Subdivision Map
3. Resolution No. 2025-24
4. Final Map Application
Submitted By: Community Development /Marisa Smith
Item 4.f
December 02, 2025 City of Coronado Page 265
Attachment 1
RESOLUTION NO. 2025-58
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CORONADO, CALIFORNIA, APPROVING FINAL MAP NUMBER PC2025-01 FOR THE PROPERTY ADDRESSED AS 737-753 ORANGE AVENUE, CORONADO,
CALIFORNIA
WHEREAS, the property OWNER, “737-753 Orange Avenue LLC, a California Limited Liability Company,” has, per the California Subdivision Map Act and the City of Coronado Subdivision Ordinance, requested City approval for a one-lot Tentative Map at 737-753 Orange Avenue; and WHEREAS, the Planning Commission of the City of Coronado did, pursuant to Section 66452.2 of the Government Code, hold a public hearing on the Tentative Map on April 8, 2025, and subsequently adopted a motion, with findings and conditions, recommending approval to the City Council; and WHEREAS, the City Council of the City of Coronado did, pursuant to Section 66452.2 of the Government Code, hold a public hearing on said subdivision request on May 20, 2025, and said public hearing was duly noticed as required by law and all persons desiring to be heard were heard at said hearing.
WHEREAS, the City Council of the City of Coronado at its regularly scheduled meeting of December 2, 2025, reviewed the subject Final Map in the form and manner required by law; and WHEREAS, OWNER has or will file a signed Final Map with all required certificates or statements and, where necessary, acknowledgments.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Coronado that the proposed Final Map PC2025-01 for parcels commonly known as 737-753 Orange Avenue, be approved and that the approval be based upon the following findings:
1. The above recitals are true and incorporated herein as findings;
2. The proposed Map is consistent with the Coronado General Plan and Zoning Ordinance in that the proposed use is permitted;
3. The design and improvement of the proposed subdivision are consistent with the Coronado General Plan and Zoning Ordinance in that the design provides sufficient lot area and street access for proper development;
4. The site is physically suitable for the type of development in that proposed lot of 13,988 square feet is capable of supporting up to 12 residential condominium units in the R-4 Zone;
5. The approval of a Final Subdivision Map is considered a ministerial action and is not subject to California Environmental Quality Act (CEQA) (Sec. 15268 (b) (3) CEQA Guidelines); Item 4.f
December 02, 2025 City of Coronado Page 266
Attachment 1
6. The design of the subdivision and the proposed improvements are not likely to cause substantial environmental damage, or are not likely to substantially and avoidably injure fish or wildlife or their habitat;
7. The design of the subdivision and the type of improvements are not likely to cause serious public health problems;
8. The design of the subdivision and the type of improvements will not conflict with any easements acquired by the public at large and which are recorded or established by judgment of a court of competent jurisdiction; and
9. The Final Subdivision Map meets all the requirements of the Subdivision Map Act and the Coronado Subdivision Ordinance and is in substantial compliance with the previously approved Tentative Map and Conditions of Approval.
NOW, THEREFORE, BE IT FURTHER RESOLVED by the City Council of the City of Coronado that:
The City Manager or her designee is hereby authorized and directed to execute such documents and take all actions necessary and proper in connection with carrying into fruition any of the Conditions of Approval for this project or as necessary to comply with applicable law; and The City Manager or her designee is hereby authorized and directed to make any changes to the Final Map that may be necessary if the changes are in substantial conformance with the Final Map approved hereby and the City Clerk is hereby authorized and directed to certify the approval of the City Council of the same, including as modified.
PASSED, ADOPTED, AND APPROVED by the City Council of the City of Coronado, California, at a regular meeting thereof this second day of December 2025, by the following vote to wit:
AYES:
NAYS:
ABSTAIN:
ABSENT:
APPROVED:
____________________________________
JOHN D. DUNCAN, Mayor of the
City of Coronado, California
ATTEST:
__________________________________
KELSEA HOLIAN, City Clerk of the
City of Coronado, California
Item 4.f
December 02, 2025 City of Coronado Page 267
Attachment
1 Item 4.f
December 02, 2025 City of Coronado Page 268
Attachment
1 Item 4.f
December 02, 2025 City of Coronado Page 269
Attachment
1 Item 4.f
December 02, 2025 City of Coronado Page 270
RESOLUTION NO. 2025-24
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CORONADO, CALIFORNIA, APPROVING A ONE-LOT
TENTATIVE MAP TO ALLOW FOR CONDOMINIUM
OWNERSHIP OF 12 RESIDENTIAL UNITS AND DETERMINE
THAT THE PROJECT IS CATEGORICALLY EXEMPT FROM
THE CALIFORNIA ENVIRONMENTAL QUALITY ACT
GUIDELINES SECTION 15332 FOR THE PROPERTY
ADDRESSED AS 737-753 ORANGE AVENUE, CORONADO,
CALIFORNIA
-753 Orange Avenue LLC, a California Limited
Subdivision Ordinance, requested City approval for a one-lot Tentative Map at 737-753 Orange Avenue; and
WHEREAS, the Planning Commission of the City of Coronado did, pursuant to Section 66452.2 of the Government Code, hold a public hearing on the Tentative Map on April 8, 2025, and subsequently adopted a motion, with findings and conditions, recommending approval to the City Council; and
WHEREAS, the City Council of the City of Coronado did, pursuant to Section 66452.2 of the Government Code, hold a public hearing on said subdivision request on May 20, 2025, and said public hearing was duly noticed as required by law and all persons desiring to be heard were heard at said hearing.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Coronado that the proposed Tentative Map for 737-753 Orange Avenue be approved and that the approval be based upon the following findings:
1. The project located at 737-753 Orange Avenue is categorically exempt under Class 32 of the California Environmental Quality Act Guidelines Section 15332 (In-Fill Development);
2. The proposed map is consistent with the Coronado General Plan and Zoning Ordinance in that the proposed residential use and density of development are permitted under the General Plan and Zoning Ordinance requirements;
3. The design and improvement of the proposed subdivision is consistent with the Coronado General Plan and Zoning Ordinance in that the design provides sufficient lot area and street access for development, and that the existing lot contains 13,988 square feet;
4. The site is physically suitable for the type of development in that the existing lot contains 13,988 square feet that can support 12 dwelling units in the R-4 Zone;
5. The site is physically suitable for the proposed density of development in that the number of units in the project is within the 40 dwelling units per acre standard specified in the Coronado Zoning Ordinance for the R-4 Zone;
Attachment 2
Item 4.f
December 02, 2025 City of Coronado Page 271
6. The design of the subdivision and the proposed improvements are not likely to cause substantial environmental damage, nor are they likely to substantially and avoidably injure fish or wildlife or their habitat. The project is categorically exempt from environmental review according to the California Environmental Quality Act (CEQA) Section 15332 of the CEQA Guidelines for In-Fill Development because (a) the project is consistent with the applicable general plan designation and all applicable general plan policies as well as with applicable zoning designation and regulations; (b) the proposed development occurs within city limits on a project site of no more than five acres substantially surrounded by urban uses; (c) the project site has no value, as habitat for endangered, rare or threatened species; (d) the approval of the project would not result in any significant effects relating to traffic, noise, air quality, or water quality; and (e) the site can be adequately served by all required utilities and public services;
7. The design of the subdivision and the type of improvements are not likely to cause serious public health problems within the authority of the Coronado Public Health Officer;
8. The design of the subdivision and the type of improvements will not conflict with any easements acquired by the public at large and which are recorded or established by judgment of a court of competent jurisdiction; and
9. The Tentative Map meets all the requirements of the Subdivision Map Act and the Coronado Subdivision Ordinance and was reviewed by the Public Services, Engineering, and Fire departments whose proposed conditions are incorporated below.
BE IT FURTHER RESOLVED that the approval of the project is subject to the following conditions which are roughly proportional to and necessary to mitigate the expected impact of or provide service to the project:
Fire Department
1. OWNER shall install a NFPA 13 compliant fire sprinkler and alarm system throughout the development in accordance with the National Fire Protection Association and California Fire Code Standards to the satisfaction of the City of Coronado Fire and Community Development departments;
2. OWNER shall provide appropriate Fire Department personnel and vehicle access including access to any locked common areas. All gates or other structures or devices that could obstruct fire access roadways or otherwise hinder emergency operations are prohibited unless they meet standards approved by the Fire Department and receive specific plan approval;
3. The location of any Fire Department connection and back flow prevention device (OS&Y valve) shall be approved by the Fire Department and Community Development Department and shall be located on the street side of the building, which is Orange Avenue for this project;
4. OWNER shall provide adequate water flow for firefighting based upon the square footage of the buildings and, if needed, OWNER shall upgrade or install a fire hydrant within the adjacent public rights-of-way in accordance with the California Fire Code standard to the satisfaction of the City of Coronado Fire Department;
Attachment 2
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San Diego Gas & Electric (SDG&E)
5. Prior to recordation, the OWNER shall work with SDG&E to ensure that existing/proposed utilities can serve all properties. If there are any changes to the plans or if more detailed plans become available, to the OWNER shall inform SDG&E accordingly. Additionally, before any digging takes place, to the owner SHALL call Dig Alert at 811 or (800) R22-4133 to request a mark-out for underground facilities.
California American Water
6. The OWNER shall provide and install individual water services/meters for each unit;
7. Prior to recordation, the OWNER shall coordinate with the water company to get the new water service installed.
Public Services & Engineering Department
8. OWNER shall maintain a minimum of three feet of clearance between driveways located on public property and any property lines extended, intersection radius, and any obstructions located on public property, e.g., utility poles, fire hydrants, street trees, etc. The relocation of any of these items to obtain the needed clearances shall be the sole responsibility of the Department;
9. Any existing sewer laterals use
expense, for its entire length to the sewer main to assess its condition and suitability for continued use. The video shall be furnished to the City of Coronado Public Services and Engineering Department in DVD format and, based on its review, repairs or replacement of the sewer line may be required, at the direction of the City of Coronado. Each building requires a separate sewer service lateral connected to the sewer main and the reservation of easements may be required;
10. The OWNER may have up to 4-sewer service lateral connections to serve the development. - OR -
The OWNER may have 1-sewer service joint lateral connection to serve the development with appropriate Covenants, Conditions, and Restrictions (CC&Rs) in place for maintenance, replacement, etc. delegated in the CC&Rs Declarations to the HOA in a form acceptable to the City Attorney. The CC&Rs shall be submitted to the Public Services and Engineering Department for review prior to the approval of the Final Map;
11. Prior to demolition, any existing sewer laterals shall be capped and staked. Sewer laterals rights-of-way and capped within 24 inches of the sewer main under permit issued by the Public Services and Engineering Department;
12. OWNER shall underground all existing and future utilities to this site. Individual lots require separate utility service and utility easements shall be provided between the alley and the street. (Concrete replacement to accommodate the undergrounding of utilities shall be a minimum of 30 inches wide for the length of the repair); Attachment 2
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13. OWNER shall research and identify the location of existing utilities on the site prior to grading or excavating the site and the OWNER shall be responsible to remove any utility location
14. OWNER shall install all utilities, which are not possible to underground, such as back flow valves and transformers, on private property and said utilities shall be permanently screened from public view, at the direction of the City of Coronado Community Development Department;
15. Prior to occupancy of any unit, the OWNER shall remove and replace the alley adjoining the subject property (full width x length) - approximately 20 ft. x 100 ft.) in accordance with City standards and the San Diego Regional Standard Drawings, at the direction of the City Public Services and Engineering Department;
16. OWNER shall work with Caltrans to obtain an Encroachment Permit and Traffic Control Plan for all work along Orange Avenue. This includes (but is not limited to) installation of utilities, modifications to the sidewalk, hauling demolition debris, and grading within the Caltrans rightof-way;
17. OWNER shall remove and replace portions damaged during construction of adjacent public and the San Diego Regional Standards Drawings (SDRSD), and verify limits of removal at the direction of Caltrans;
18. The adjacent public sidewalk and alley shall remain safe, smooth and free of all trip or travel hazards during construction. OWNER shall repair any public paving damaged (e.g., sidewalk, curb, gutter, alley, street) during the cou
Services and Engineering Department. All repairs to public property shall be in accordance with Caltrans standards and the San Diego Regional Standard Drawings;
19. OWNER shall have a California licensed land surveyor install survey monuments at all property corners with locations indicated on the Final Map and any monuments disturbed
20. OWNER shall assure that the storage of building materials, equipment, or containers (other than for refuse purposes) in the City or Caltrans right-of-way does not occur;
21. OWNER shall apply for an encroachment permit from the Public Services and Engineering Department and/or Caltrans for any amenities proposed for the adjoining public rights-of-way and the OWNER shall assume responsibility for costs associated with the construction and maintenance of said amenities;
22. OWNER shall assure that all work performed outside of the private property lines shall conform to the San Diego Regional Standard Drawings and Coronado Special Construction Provisions and prior to construction, a right-of-way permit shall be obtained from the Public Services and Engineering Department and/or Caltrans;
23. OWNER shall co
subterranean garages/cellars, as warranted by the improvement plan;
24. The temporary disposal of extracted groundwater from a site into City infrastructure (either sewer or storm drain systems) requires approval and issuance of a temporary dewatering permit from the Public Services & Engineering Department. However, the issuance of a dewatering permit is not guaranteed. If a dewatering permit is issued the OWNER will be responsible for payment of fees including treatment costs on a per gallon basis. Furthermore, Attachment 2
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groundwater discharges, including foundation, footing, and retaining wall sub drains, that are conveyed by a permanent passive or mechanical dewatering system designed to relieve hydrostatic pressure, are prohibited from draining to City infrastructure. Developments that anticipate the need for either temporary or permanent dewatering activity of any kind are encouraged to talk to the Public Services & Engineering Department as soon as possible;
25. OWNER shall maintain on-street parking spaces, parking and traffic markings, and signage adjacent to the subject property except as required to be modified to provide vehicle ingress and egress to the property or for temporary activity during construction as permitted by the
26. OWNER shall submit for approval by the City of Coronado and Caltrans a Drainage and Grading Plan in their proposed building permit plans for the purposes of justifying any onsite grading, drainage and improvements;
27. In accordance with Chapter 60.12 of the Coronado Municipal Code, a wastewater capacity fee will be charged prior to building permit issuance for sewer service connections to the sanitary sewer system;
28. OWNER shall protect, irrigate, and maintain the existing street trees within the adjacent street public parkway in accordance with Chapter 52.32 of the Coronado Municipal Code at the direction of the City of Coronado Public Services and Engineering Department. Said trees shall be protected with an expandable collar, no turf shall be permitted within 12 inches of the trunk. All street trees shall have an independent automatic irrigation system (separate valves from turf or other adjacent landscaping within the parkway) and be irrigated with a bubbler inside a breathing tube. The OWNER shall contact the Public Services at (619) 522-7384 during the Building Permit stage for inspection;
29. OWNER shall provide an automatic irrigation system to all existing and proposed adjoining public property landscaping with all street trees irrigated with bubblers from an independent automatic irrigation system (separate from turf or other landscaping within the parkway);
30. OWNER shall provide an area on private property, accessible by all occupants, for the storage of trash and recyclable materials to the satisfaction of the City of Coronado;
31. OWNER shall provide an area on private property, accessible by all occupants, for the storage of trash and recyclable materials to the satisfaction of the City of Coronado. During project planning and design, the OWNER shall incorporate effective construction and postconstruction Best Management Practices and provide all necessary studies and reports as determined by the Public Services and Engineering Department Director demonstrating compliance with the applicable regulations and standards. All project OWNERs shall complete and submit the City's Storm Water Project Assessment Form (Form I-1 & I-2) to determine the project's construction and post-construction storm water categories. The category determines the requirements for the project. The Storm Water Assessment Form is available at: https://www.coronado.ca.us/DocumentCenter/View/4926/Storm-WaterAssessment-Forms-I-1-and-I-2and shall be completed and submitted to the City of Coronado with the initial submittal to the City's Building Department counter, attention Public Services & Engineering;
Attachment 2
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32. Prior to approval of any and all demolition, construction, and building permits for the project, OWNER shall demonstrate to the satisfaction of the Public Services and Engineering Department Director compliance with all of the applicable provisions of the following and any amendments thereto and execute a stormwater maintenance agreement in a form approved by the City Attorney:
a. The City of Coronado Stormwater and Urban Runoff Management and Discharge Control (CMC Chapter 61.04).
b. NPDES Municipal Permit No. CAS0109266 (San Deigo Regional Water Quality Control Board Order No. R9-2013-0001 or re-issuances thereof). c. NPDES Construction Permit No. CAS000002 (State Water Resources Control Board Order No. R9-2012-0006 DWQ or re-issuances thereof).
Community Development Department
33. OWNER shall comply with all applicable laws;
34. All existing structures shall be demolished prior to recordation of the Final Map;
35. by the County Housing Authority as meeting Section 8 Rental Assistance requirements or to persons qualifying within very low and low income categories as established annually by the sons
qualifying within moderate income categories as established annually by the U.S. Department of Housing and Urban Development (HUD), or shall pay a fee in lieu thereof of $7,000.00 for every unit within the project, at the option of the subdivider, for the purpose of providing affordable housing assistance in accordance with Chapter 82.21 of the Coronado Municipal Code (CMC);
36. OWNER shall assure that any common areas and easements are identified and described on the Final Map;
37. OWNER shall comply with and, if there are CC&Rs, include in said CC&Rs:
a. That no existing or future utility lines be permitted outside of the lot or private interest spaces (separate interest spaces or units) of which they serve unless located within a common area or an easement approved by the City of Coronado; b. That common area or reciprocal pedestrian easements be provided to allow all private occupants of the property access the street. Where fences or walls are proposed, gates shall be provided to give said occupants access to the street. Trash receptacles shall not be located where it blocks pedestrian or vehicular access to the alley; c. Easements and/or rights providing for pedestrian and vehicle access, utilities and/or other purposes, for each proposed condominium unit, are to be specified in any condominium plans and/or conveyances of any unit constructed within the boundaries of this Final Map. Any vehicle access driveway and vehicle maneuvering/turnaround space adjacent to garages or parking spaces shall be shared by all OWNERs; d. That two required off-street parking spaces be provided for each dwelling with each space specifically assigned to each dwelling unit and clearly marked for such dwelling or use;
Attachment 2
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e. That each off-street parking space required for all dwellings be continuously maintained free and unobstructed, with adequate ingress and egress, and not used for any use other than parking of motor vehicles;
f. That any present or future outside storage of trash be accessible by all occupants and be enclosed within a minimum 5-foot-high wall with gate which shall be on private property and approved by the City of Coronado Community Development Department; g. That each proposed dwelling unit held as a condominium form of ownership shall be provided with a minimum of 200 cubic feet of storage space per dwelling, in addition to closets customarily provided, in accordance with the Zoning Ordinance; h. That none of the covenants, conditions and restrictions required by this condition shall be deleted, amended or modified without the prior written approval of the City of Coronado;
38. OWNER shall assure that no existing or future utility lines be permitted outside of the lot of which they serve unless located within an easement approved by the City of Coronado;
39. OWNER shall assure that any easements be identified and described on the Final Map;
40. If the above conditions have not been completed and accepted in accordance with standards established by the City prior to approval of the Final Map, then the subdivider shall enter into a secured agreement with the City for 100% of the estimated cost of constructing the improvements and performing the conditions before the Final Map is approved pursuant to CMC Sections 82.16.060 - 82.16.110. Said agreement shall be prepared and recorded with the County Recor
the Final Map and a secured agreement is approved, all of the above conditions shall be completed to the satisfaction of the City of Coronado prior to any newly constructed dwelli building permit being finaled or occupancy permitted;
41. The OWNER shall defend (with counsel acceptable to City), indemnify, and hold harmless the City, its agents, officers, and employees from any and all claims, actions, proceedings, damages, judgment
officers, or employees, relating to the issuance of this permit including, but not limited to, any action to attack, set aside, void, challenge, or annul this development approval and any environmental document or decision. The City will promptly notify the OWNER of any claim, action, or proceeding. The City may elect to conduct its own defense, participate in its own defense, or obtain independent legal counsel in defense of any claim related to this indemnification. In the event of such election, the OWNER shall pay all of the costs related disagreement between the City and OWNER regarding litigation issues, the City shall have the authority to control the litigation and make litigation related decisions, including, but not limited to, settlement or other disposition of the matter. However, the OWNER shall not be required to pay or perform any settlement unless such settlement is approved by the OWNER;
42. In accordance with Coronado Municipal Code Section 82.50.130(A) and State Government Code Section 66452.6, the Tentative Map shall expire 24 months after City Council approval.
Attachment 2
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PASSED, ADOPTED, AND APPROVED by the City Council of the City of Coronado, California, at a regular meeting thereof this twentieth day of May, 2025 by the following vote to wit:
APPROVED:
____________________________________
JOHN D. DUNCAN, Mayor of the
City of Coronado, California
ATTEST: __________________________________ KELSEA HOLIAN, City Clerk of the City of Coronado, California
Attachment 2
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Attachment 4
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CITY COUNCIL STAFF REPORT
Authorize the City Manager to Execute an Agreement with ComSonics for a License Plate Recognition Parking Enforcement System for a Five-Year Agreement, and Amend the FY 2025/26 Budget and Appropriate Funds in the Amount of $198,000
RECOMMENDATION
Authorize the City Manager to execute an agreement with ComSonics Incorporated for a License Plate Recognition Parking Enforcement System (LPR), and amend the FY 2025/26 Budget and appropriate Funds in the amount of $198,000.
BACKGROUND
In October 2020, the City Council approved the use of Vigilant Solutions' CarDetector Mobile System for limited-time parking enforcement. An agreement with Vigilant Solutions was finalized in November 2020, allowing for the implementation of parking enforcement LPRs. Coronado Police began enforcing limited-time parking regulations in February 2021, using two vehicles equipped with this mobile parking enforcement system. During this period, 5,742 limited-time parking citations were issued, averaging 1,208 per year. The agreement with Vigilant Solutions expired on November 20, 2025, and the original equipment purchased has reached the end of its useful life; therefore, a new license plate recognition parking enforcement system is needed.
ANALYSIS
In accordance with Coronado Municipal Code 8.04, a Request for Proposals (RFP) was published on September 17, 2025. Bids were opened on October 15, 2025, and four submissions were received in response to the RFP. Staff reviewed the submittal packages and conducted vendor demonstrations in October, attended by members of the Police Services and Information Technology (IT) Departments.
Staff selected Comsonics Inc. as the City’s preferred parking enforcement vendor, citing their reputation for excellent service and robust, on-site technical support. One of the key factors in this decision was their offer of three on-site technician visits per year—more than any other company that submitted a bid.
This level of support means the City will receive in-person assistance for troubleshooting, maintenance checks, and implementing new systems.
Comsonics’ warranty package is also comprehensive. In addition to covering necessary repairs and replacements, it includes technical support designed to work hand-in-hand with the IT Department. This gives our staff access to expert guidance, reducing the burden on internal resources and helping to prevent technical issues from disrupting daily operations.
Staff conducted reference checks with cities and entities that have worked directly with Comsonics, and received very positive responses as to Comsonics’ reliability, organizational skill, and commitment to high service standards.
The Coronado Police Department plans to mount ComSonics cameras on five Police Service’s Officers’ vehicles to enable each officer to enforce limited-time parking regulations. The proposed contract includes two cameras per vehicle, along with a five-year warranty and maintenance plan to ensure the cameras remain operational throughout the agreement.
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Staff recommends that the City Council authorize the City Manager to enter into a five-year agreement with ComSonics for parking enforcement LPR equipment and services. The total cost for the five-year period is $197,666.40, which includes all necessary equipment, a five-year warranty, a maintenance plan, and software subscriptions. Establishing a five-year agreement is more cost-effective, as it secures stable pricing over an extended period.
FISCAL IMPACT
It is recommended that the Police Department’s Fiscal Year 2025-26 Budget is amended to include an appropriation of $198,000 to 10021101-80030 (Contract Services) to cover essential costs associated with acquiring new equipment and installation. This funding will also support ongoing service contracts, warranties, and subscription fees over a 5-year period. The City generates an average annual revenue of $71,825 from limited-time parking violations.
ALTERNATIVE
The City Council could choose not to authorize the award of a contract.
CALIFORNIA ENVIRONMENTAL QUALITY ACT
This action is not subject to CEQA.
PUBLIC NOTICE
No public notice is required for this item.
ATTACHMENTS
1. Parking LPR Agreement
Submitted By: Police Services / Paul Connelly
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AGREEMENT FOR PROFESSIONAL MOBILE AUTOMATED LICENSE
PLATE RECOGNITION (ALPR) PARKING ENFORCEMENT
EQUIPMENT, SOFTWARE AND TECHNICAL SUPPORT SERVICES
COMSONICS, INCORPORATED
Contract No. 26-PS-PD-1059
This AGREEMENT is made and entered into as of the date of execution by the City of Coronado, a California municipal corporation, hereinafter referred to as “CITY” and ComSonics, Incorporated, hereinafter referred to as “CONTRACTOR.” Where the contracting entity is an LLC, such entity is encompassed within the meaning of the term “CONTRACTOR.”
RECITALS
The CITY requires the services of a CONTRACTOR to provide Mobile Automated License Plate Recognition (ALPR) parking enforcement system, software, and technical support services to the Police Services Division for the purpose of parking enforcement. These services generally consist of mobile LPR systems (software and hardware), associated software products, and technical support to allow for electronic chalking for limited-time parking enforcement. The work to be performed by CONTRACTOR shall be referred to herein as the “DESCRIBED SERVICES.”
CONTRACTOR represents itself as being a professional License Plate Recognition Technology firm, primarily serving law enforcement agencies, possessing the necessary experience, skills, and qualifications to provide the services required by the CITY.
CONTRACTOR warrants and represents that it has the necessary staff to deliver the services within the time frame herein specified.
On December 2, 2025, the City Council for the CITY approved this AGREEMENT and authorized the City Manager to execute the form of this Agreement.
The CITY’s Director of Police Services/Chief of Police shall serve as the CITY’s “Contract Officer” for this AGREEMENT and has the authority to direct the CONTRACTOR, approve actions, request changes, and approve additional services.
NOW, THEREFORE, in consideration of these recitals and the mutual covenants contained herein, CITY and CONTRACTOR (collectively referred to as the “PARTIES”) agree as follows:
Attachment 1
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1.0 TERM OF THE AGREEMENT
1.1 This AGREEMENT shall be effective beginning the day, month and year of the execution of this document by the CITY. The AGREEMENT shall be in effect for a term of five years. The CITY shall have the option to extend the AGREEMENT, if agreed to by the CONTRACTOR.
1.2 The CONTRACTOR shall commence the performance of the DESCRIBED SERVICES immediately upon execution of this AGREEMENT. Time is of the essence in this AGREEMENT.
Failure to meet the schedule contained in this AGREEMENT is a default by the CONTRACTOR.
1.3 A delay occasioned by causes beyond the control of CONTRACTOR may merit an extension of time for the completion of the DESCRIBED SERVICES. When such delay occurs, CONTRACTOR shall immediately notify the CONTRACT OFFICER in writing of the cause and the extent of the delay, whereupon the CONTRACT OFFICER shall ascertain the facts and the extent of the delay and may grant an extension of time for the completion of the DESCRIBED SERVICES when justified by the circumstances. CONTRACTOR acknowledges and agrees that delays arising out of or related to COVID-19 or related federal, state or local laws, regulations, orders, rules, policies or guidance will not merit an extension of time. CONTRACTOR represents and warrants that it can perform the DESCRIBED SERVICES competently and in a timely fashion and has taken into account circumstances and delays that may occur as a result of or arising out of COVID-19 or applicable laws related thereto in entering into this AGREEMENT.
1.4 This AGREEMENT may be terminated in accordance with the provisions contained in this AGREEMENT.
1.5 Renewal or Extension Provisions. At the conclusion of this AGREEMENT, and subject to the conditions set forth herein, CITY shall have the right, but not the obligation, to extend its term for up to three (3) additional one-year periods on the same terms and conditions set forth herein by providing CONTRACTOR with written notice of its election to extend the term sixty (60) days prior to the termination of the existing term, or any extension. Within fifteen (15) days of receipt of CITY’s notice of election to extend the term of this AGREEMENT, CONTRACTOR shall have the right to present, in writing, any modification of its fee schedule for the extended term. If, prior to the termination date of this AGREEMENT, CITY and CONTRACTOR fail to agree to a modified fee schedule for the extended term, this AGREEMENT shall not be extended and shall terminate on the sixty-first (61st) day following CITY’s notice of election to extend the term.
2.0 CONTRACTOR’S OBLIGATIONS AND SCOPE OF WORK (ATTACHMENT A)
2.1 CONTRACTOR shall provide the CITY with the professional services for the PROJECT that are described in ATTACHMENT A and are hereinafter referred to as the “DESCRIBED SERVICES.”
2.2 CONTRACTOR shall perform all the tasks required to accomplish the DESCRIBED SERVICES in conformity with the applicable requirements of federal, state, and local laws in Attachment 1
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effect at the time that the DESCRIBED SERVICES are being performed and at the time that the scope of work is substantially completed by the CONTRACTOR. a. The CONTRACTOR is responsible for ensuring the professional quality, technical accuracy, and coordination of all services and documents furnished by the CONTRACTOR under this AGREEMENT.
b. The CONTRACTOR shall be obligated to comply with applicable standards of professional care in the performance of the DESCRIBED SERVICES. CITY recognizes that opinions relating to environmental, geologic, and geotechnical conditions are based on limited data and that actual conditions may vary from those encountered at the times and locations where the data are obtained despite the use of professional care. Where any condition exists for which the CONTRACTOR must make a judgment that could result in an actual condition that is materially different, the CONTRACTOR shall advise the CITY in advance and request specific direction.
c. The CONTRACTOR shall, without additional compensation, immediately correct or revise any DESCRIBED SERVICES that do not meet the foregoing professional responsibility standards.
2.3 During the term of this AGREEMENT, CONTRACTOR shall maintain professional certifications as required in order to properly comply with all applicable federal, state, and local laws. If the CONTRACTOR lacks such certification, this AGREEMENT is void and of no effect.
2.4 Conflict of Interest and Political Reform Act Obligations, if determined to be applicable according to ATTACHMENT B ‒ CONFLICT OF INTEREST DETERMINATION.
CONTRACTOR shall at all times comply with the terms of the Political Reform Act and the local Conflict of Interest Ordinance. The level of disclosure categories shall be set by the City and shall reasonably relate to the scope of the DESCRIBED SERVICES.
3.0 PAYMENT AND SCHEDULE OF SERVICES (ATTACHMENTS C AND D)
3.1 CONTRACTOR is hired to render the DESCRIBED SERVICES and any payments made to CONTRACTOR are full compensation for such services.
3.2 The amount of payment to CONTRACTOR for providing the DESCRIBED SERVICES is set forth in ATTACHMENT C. No payment shall be allowed for any reimbursable expenses unless specifically described in ATTACHMENT C.
3.3 Payment for all undisputed portions of each invoice shall be made within 45 days from the date of the invoice.
3.4 The CITY’s review, approval or acceptance of, or payment for the services required under this AGREEMENT shall not be construed to operate as a release or waiver of any rights of the CITY under this AGREEMENT or of any cause of action arising out of CONTRACTOR’s Attachment 1
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performance of this AGREEMENT, and CONTRACTOR is responsible to the CITY for all damages to the CITY caused by the CONTRACTOR’s performance of any of the DESCRIBED SERVICES.
4.0 CITY’S OBLIGATIONS
4.1 CITY shall provide information as to the requirements of the project, including budget limitations. The CITY shall provide or approve the schedule proposed by the CONTRACTOR.
4.2 CITY shall furnish the required information and services and shall render approvals and decisions expeditiously to allow the orderly progress of the DESCRIBED SERVICES as shown on the schedule required under ATTACHMENT D.
5.0 SUBCONTRACTING
5.1 The name, phone number, and location of the place of business of each SUBCONTRACTOR that the CONTRACTOR will use to perform work or render service to the CONTRACTOR in performing this AGREEMENT is contained in ATTACHMENT E. No change to or addition of any SUBCONTRACTOR shall be made without the written approval of the CITY.
5.2 If CONTRACTOR subcontracts for any of the work to be performed under this AGREEMENT, CONTRACTOR shall be as fully responsible to the CITY for the acts and omissions of CONTRACTOR’s SUBCONTRACTOR and for the persons either directly or indirectly employed by the SUBCONTRACTORS, as CONTRACTOR is for the acts and omissions of persons directly employed by CONTRACTOR. Nothing contained in the AGREEMENT shall create any contractual relationship between any SUBCONTRACTOR of CONTRACTOR and the CITY. In any dispute between the CONTRACTOR and its SUBCONTRACTOR, the CITY shall not be made a party to any judicial or administrative proceeding to resolve the dispute. The CONTRACTOR agrees to defend, hold harmless and indemnify the CITY as described in Section 13 of this AGREEMENT, should the CITY be made a party to any judicial or administrative proceeding to resolve any such dispute.
5.3 CONTRACTOR shall bind every SUBCONTRACTOR to all the terms of the AGREEMENT applicable to CONTRACTOR’s work unless specifically noted to the contrary in the subcontract in question and approved in writing by the CONTRACT OFFICER. All contracts entered into between the CONTRACTOR and its SUBCONTRACTOR shall also provide that each SUBCONTRACTOR shall obtain insurance policies which shall be kept in full force and effect during any and all work on this project and for the duration of this AGREEMENT. The CONTRACTOR shall require the SUBCONTRACTOR to obtain all policies described in Section 14 in the amounts required by the CITY, which shall not be greater than the amounts required of the CONTRACTOR.
Attachment 1
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6.0 CHANGES TO THE SCOPE OF WORK
6.1 The CONTRACTOR shall not perform work in excess of the DESCRIBED SERVICES without the prior written approval of the CONTRACT OFFICER. All requests for extra work shall be made by written request for a contract modification submitted to the CONTRACT OFFICER. To be effective, all contract modifications must be in writing and signed prior to the commencement of the work. Fees for additional work will be negotiated on a fixed-fee basis.
6.2 The CITY may unilaterally reduce the scope of work to be performed by the CONTRACTOR. Notice of reduction of the scope of work shall be made in writing and served on CONTRACTOR pursuant to section 17.0 of this AGREEMENT. Upon doing so, CITY and CONTRACTOR agree to meet in good faith and confer for the purpose of negotiating a deductive change order or amendment to the AGREEMENT.
7.0 ENTIRE AGREEMENT
7.1 This AGREEMENT and incorporated attachments set forth the entire understanding of the PARTIES with respect to the subject matters herein. If there are any inconsistencies between the incorporated attachments and this AGREEMENT, the terms of this AGREEMENT control. There are no other understandings, terms, or other agreements expressed or implied, oral or written, except as set forth herein. No change, alteration, or modification of the terms or conditions of this AGREEMENT, and no verbal understanding of the PARTIES, their officers, agents, or employees shall be valid unless agreed to in writing by both PARTIES.
8.0 TERMINATION OF AGREEMENT
8.1 In the event of CONTRACTOR’s default of any covenant or condition hereof, including, but not limited to, failure to timely or diligently prosecute, deliver, or perform the DESCRIBED SERVICES, or where the CONTRACTOR fails to perform the work in accordance with the project schedule (ATTACHMENT D), the CITY may immediately terminate this AGREEMENT for cause if CONTRACTOR fails to cure the default within ten (10) calendar days of receiving written notice of the default. Thereupon, CONTRACTOR shall immediately cease work and within five (5) working days: (1) assemble all documents owned by the CITY and in CONTRACTOR’s possession and deliver said documents to the CITY; and (2) place all work in progress in a safe and protected condition. The CONTRACT OFFICER shall make a determination of the percentage of work that CONTRACTOR has performed that is usable and of worth to the CITY.
Based upon that finding, the CONTRACT OFFICER shall determine any final payment due to CONTRACTOR.
8.2 This AGREEMENT may be terminated by the CITY, without cause, upon the giving of fifteen (15) days’ written notice to the CONTRACTOR. Prior to the fifteenth (15th) day following the giving of the notice, the CONTRACTOR shall assemble the completed work product to date, and put the same in order for proper filing and closing, and deliver said product to the CITY. The CONTRACTOR shall be entitled to just and equitable compensation for any satisfactory work completed. The CONTRACT OFFICER and CONTRACTOR shall endeavor to agree upon a percentage complete of the contracted work if fees are fixed, or an agreed dollar sum based on Attachment 1
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services performed if hourly, and terms of payment for services and reimbursable expenses.
CONTRACTOR hereby expressly waives any and all claims for damages or compensation arising under this AGREEMENT except as set forth herein.
9.0 OWNERSHIP OF DOCUMENTS
9.1 All work products (i.e., documents, data, studies, drawings, maps, models, photographs, and reports) prepared by CONTRACTOR under this AGREEMENT, whether paper or electronic, shall become the property of CITY for use with respect to this project, and shall be turned over to the CITY upon completion of the DESCRIBED SERVICES or any phase thereof, as contemplated by this AGREEMENT.
9.2. Contemporaneously with the transfer of such documents, the CONTRACTOR hereby assigns to the CITY and CONTRACTOR thereby expressly waives and disclaims, any copyright in, and the right to reproduce, all written material, drawings, plans, specifications, or other work prepared under this AGREEMENT, except upon the CITY’s prior authorization regarding reproduction, which authorization shall not be unreasonably withheld. The CONTRACTOR shall, upon request of the CITY, execute any further document(s) necessary to further effectuate this waiver and disclaimer.
10.0 STATUS OF CONTRACTOR
10.1 CONTRACTOR shall perform the DESCRIBED SERVICES in a manner of CONTRACTOR’s own choice, as an independent contractor and in pursuit of CONTRACTOR’s independent calling, and not as an employee of the CITY. The CONTRACTOR has and shall retain the right to exercise full control and supervision of all persons assisting the CONTRACTOR in the performance of the DESCRIBED SERVICES, the CITY only being concerned with the finished results of the work being performed. CONTRACTOR shall confer with the CITY at a mutually agreed frequency and inform the CITY of incremental work/progress as well as receive direction from the CITY. Neither CONTRACTOR nor CONTRACTOR’s employees shall be entitled in any manner to any employment benefits, including, but not limited to, employer-paid payroll taxes, Social Security, retirement benefits, health benefits, or any other benefits, as a result of this AGREEMENT. It is the intent of the parties that neither CONTRACTOR nor its employees are to be considered employees of CITY, whether “common law” or otherwise, and CONTRACTOR shall indemnify, defend and hold CITY harmless from any such obligations on the part of its officers, employees and agents.
11.0 ASSIGNMENT OF CONTRACT
11.1 This AGREEMENT and any portion thereof shall not be assigned or transferred, nor shall any of the CONTRACTOR’s duties be delegated or subcontracted, without the express written consent of the CITY.
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12.0 COVENANT AGAINST CONTINGENT FEES
12.1 CONTRACTOR warrants that it has not employed or retained any company or person, other than a bona fide employee working for CONTRACTOR, to solicit or secure this AGREEMENT, and that CONTRACTOR has not paid or agreed to pay any company or person, other than a bona fide employee, any fee, commission, percentage, brokerage fee, gift, or any other consideration contingent upon, or resulting from, the award or making of this AGREEMENT. For breach or violation of this warranty, the CITY shall have the right to terminate this AGREEMENT without liability, or, at the CITY’s sole discretion, to deduct from the AGREEMENT the price or consideration, or otherwise recover the full amount of such fee, commission, percentage, brokerage fee, gift, or contingent fee.
13.0 INDEMNITY ‒ HOLD HARMLESS
13.1 To the fullest extent permitted by law, CONTRACTOR, through its duly authorized representative, agrees that CITY and its respective elected and appointed boards, officials, officers, agents, employees, and volunteers (individually and collectively, “CITY Indemnitees”) shall have no liability to CONTRACTOR or any other person, and CONTRACTOR shall indemnify, protect, and hold harmless CITY Indemnitees from and against, any and all liabilities, claims, demands, actions, causes of action, proceedings, suits, damages, judgments, liens, levies, costs, and expenses, including reasonable attorneys’ fees and disbursements (collectively “claims”) that arise out of, or pertain to, or relate to this AGREEMENT or the negligence, recklessness, or willful misconduct of CONTRACTOR, its employees, agents, and SUBCONTRACTORS in the performance of the DESCRIBED SERVICES.
13.2 CONTRACTOR’s obligation herein does not extend to liability for damages for death or bodily injury to persons, injury to property, or other loss, damage, or expense arising from the sole negligence, recklessness or willful misconduct of the CITY or its elected or appointed boards, officials, officers, agents, employees or volunteers.
13.3 CONTRACTOR shall provide a defense (with counsel acceptable to CITY) to the CITY’s Indemnitees, or, at the CITY’s option, reimburse the CITY’s Indemnitees for all costs, attorneys’ fees, expenses, and liabilities (including judgment or portion thereof) incurred with respect to any litigation in which the CONTRACTOR is obligated to indemnify, defend, and hold harmless the CITY’s Indemnitees pursuant to this AGREEMENT.
13.4 The provisions of this section 13 shall not be limited by any provision of insurance coverage that the CONTRACTOR may have in effect, or may be required to obtain and maintain, during the term of this AGREEMENT. The provisions of this section 13 are continuing obligations and shall survive expiration or termination of this AGREEMENT.
13.7 PERS Eligibility Indemnification. In the event that any of CONTRACTOR’s officers, employees, agents, subcontractors, representatives or other persons providing services on CONTRACTOR’s behalf under this Agreement (collectively “CONTRACTOR’s PERSONNEL”) claims or is determined by a court of competent jurisdiction or the California Public Employees Retirement System (PERS) to be eligible for enrollment in PERS of the CITY, Contractor shall Attachment 1
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indemnify, defend (with counsel acceptable to CITY), and hold harmless CITY for the payment of any employer and employee contributions for PERS benefits on behalf of CONTRACTOR’s PERSONNEL as well as for payment of any penalties and interest on such contributions which would otherwise be the responsibility of the CITY.
Notwithstanding any other agency, state or federal policy, rule, regulation, law, or ordinance to the contrary, CONTRACTOR’s PERSONNEL providing services under this AGREEMENT shall not qualify for or become entitled to, and hereby agree to waive any claims to, any compensation and benefit including but not limited to eligibility to enroll in PERS as an employee of CITY and entitlement to any contributions to be paid by CITY for employer contributions and/or employee contributions for PERS benefits.
13.8 Limitation of CITY Liability. The payment made to CONTRACTOR pursuant to this AGREEMENT shall be the full and complete compensation to which CONTRACTOR and CONTRACTOR’s PERSONNEL are entitled for performance of any work under this contract. Neither CONTRACTOR nor CONTRACTOR’s officers or employees are entitled to any salary or wages, or retirement, health, leave or other fringe benefits applicable to employees of the CITY. The CITY will not make any federal or state tax withholdings on behalf of CONTRACTOR. The CITY shall not be required to pay any workers’ compensation insurance on behalf of CONTRACTOR.
13.9 Indemnification for Employee Payments. CONTRACTOR agrees to defend (with counsel acceptable to CITY), indemnify and hold harmless the CITY for and against any obligation, claim, suit, or demand for tax, retirement contribution, including any contribution to the Public Employees Retirement System (PERS), Social Security, salary, or wages, overtime payment, or workers’ compensation payment which the CITY may be required to make on behalf of CONTRACTOR or CONTRACTOR’s PERSONNEL for work done under this AGREEMENT.
14.0 INSURANCE
14.1 CONTRACTOR shall procure and maintain for the duration of this AGREEMENT insurance against claims for injuries to persons or damages to property that may arise from or in connection with the performance of the DESCRIBED SERVICES and the results of that work by the CONTRACTOR or its agents, representatives, employees or subcontractors. Insurance shall be placed with insurers with a current A. M. Best rating of no less than “A” and “VII” unless otherwise approved in writing by the CITY’s Risk Manager.
14.2 CONTRACTOR shall obtain and, during the term of this AGREEMENT, shall maintain policies of professional liability (errors and omissions), automobile liability, and general liability insurance from an insurance company authorized to do business in the State of California in insurable amounts of not less than one million dollars ($1,000,000) per occurrence and two million dollars ($2,000,000) aggregate or the limits specified below, whichever are greater. The insurance policies shall provide that the policies shall remain in full force during the life of the AGREEMENT, and shall not be canceled or not renewed without thirty (30) days prior written notice to the CITY from the insurance company. Statements that the carrier “will endeavor” and Attachment 1
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“failure to mail such notice shall impose no obligation or liability upon the company, its agents, or representatives,” will not be acceptable on insurance certificates. Maintenance of specified insurance coverage is a material element of this AGREEMENT.
14.3 Types and Amounts Required. CONTRACTOR shall maintain, at minimum, the following insurance coverage for the duration of this AGREEMENT:
14.3.1 Commercial General Liability (CGL). CONTRACTOR shall maintain CGL Insurance written on an ISO Occurrence form or equivalent providing coverage at least as broad as CG 00 01 which shall cover liability arising from any and all personal injury or property damage, including ongoing and completed operations, in the amount of $2,000,000 per occurrence and subject to an annual aggregate of $4,000,000. If limits apply separately to this project (CG 25 03 or 25 04) the general aggregate limit shall not apply. There shall be no endorsement or modification of the CGL limiting the scope of coverage for either insured vs. insured claims or contractual liability. All defense costs shall be outside the limits of the policy. If the CONTRACTOR or subcontractor maintains higher limits than the limits shown above, the CITY shall be entitled to coverage for the higher limits maintained by the CONTRACTOR and/or their subcontractor. Any available insurance proceeds in excess of the specified minimum limits of insurance and coverage shall be available to the CITY. Any excess or umbrella policies being used to meet the required limits of insurance will be evaluated separately and must meet the same qualifications as the CONTRACTOR’s primary policy.
14.3.2 Cyber Liability Insurance. CONTRACTOR shall maintain Cyber Liability Insurance with limits not less than $2,000,000 per occurrence or claim, $2,000,000 aggregate. Coverage shall be sufficiently broad to respond to the duties and obligations as are undertaken by us in this AGREEMENT and shall include claims involving infringement of intellectual property, infringement of copyright, trademark, trade dress, invasion of privacy violations, information theft, damage to or destruction of electronic information, release of private information, alteration of electronic information, extortion and network security. The policy shall provide coverage for breach response costs as well as regulatory fines and penalties as well as credit monitoring expenses with limits sufficient to respond to such obligations. All defense costs shall be outside the limits of the policy.
14.3.3 Commercial Automobile Liability. CONTRACTOR shall maintain Commercial Automobile Liability Insurance for all of the CONTRACTOR’s automobiles, including owned, hired, and non-owned automobiles, written on an ISO form CA 00 01 12 90 or a later version of this form or an equivalent form providing coverage at least as broad for bodily injury and property damage for a combined single limit of no less than $1,000,000 per occurrence. Insurance certificate shall reflect coverage for any automobile (any auto).
14.3.3 Workers’ Compensation. CONTRACTOR shall maintain Workers’ Compensation insurance for all of the CONTRACTOR’s employees who are subject to this AGREEMENT and to the extent required by applicable state or federal law, a Workers’ Compensation policy providing at minimum $1,000,000 employers’ liability coverage. The CONTRACTOR shall provide an endorsement that the insurer waives the right of Attachment 1
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subrogation against the CITY and its respective elected officials, officers, employees, agents and representatives.
14.3.4 Professional Liability. CONTRACTOR shall maintain Professional Liability (errors and omissions) coverage with a limit of no less than $1,000,000 per claim and $2,000,000 annual aggregate. The policy shall be on a claims made and in the aggregate basis. The CONTRACTOR shall ensure both that: (1) the policy retroactive date is on or before the date of commencement of the DESCRIBED SERVICES; and (2) the policy will be maintained in force for a period of three years after substantial completion of the DESCRIBED SERVICES or termination of this AGREEMENT, whichever occurs last.
The CONTRACTOR agrees that for the time period defined above, there will be no changes or endorsements to the policy that increase the CITY’s exposure to loss. If CONTRACTOR maintains higher limits than the limits shown above, the CITY shall be entitled to coverage for the higher limits maintained by the CONTRACTOR. Any available proceeds in excess of the specified minimum limits of insurance and coverage shall be available to the CITY. All defense costs shall be outside the limits of the policy.
14.4 The CITY, its officers, officials, employees, and representatives shall be named as additional insureds on the required general liability, cyber liability, and automobile liability policies with respect to liability arising out of work or operations performed by or on behalf of the CONTRACTOR including materials, parts, or equipment furnished in connection with such work or operations. The CITY's additional insured status must be reflected on additional insured endorsement form (20 10 1185 or 20 10 1001 and 20 37 1001) which shall be submitted to the CITY. All policies shall contain a provision stating that the CONTRACTOR’s policies are primary insurance and that insurance (including self-retention) of the CITY or any named insured shall not be called upon to contribute to any loss, as reflected in an endorsement at least as broad as CG 20 01 04 13 which shall be submitted to the CITY. This provision shall apply regardless of any language of the general liability, cyber liability, and automobile liability policy maintained by the CONTRACTOR during the term of this AGREEMENT.
14.5 Before CONTRACTOR shall employ any person or persons in the performance of the AGREEMENT, CONTRACTOR shall procure a policy of Workers’ Compensation insurance as required by the Labor Code of the State of California, or shall obtain a certificate of self-insurance from the Department of Industrial Relations.
14.6 CONTRACTOR shall furnish certificates of said insurance and policy endorsements to the CONTRACT OFFICER prior to commencement of work under this AGREEMENT. Failure by the CONTRACT OFFICER to object to the contents of the certificate and/or policy endorsement or the absence of same shall not be deemed a waiver of any and all rights held by the CITY. Failure on the part of CONTRACTOR to procure or maintain in full force the required insurance shall constitute a material breach of contract under which the CITY may exercise any rights it has in law or equity including, but not limited to, terminating this AGREEMENT pursuant to Paragraph
8.1 above.
14.7 The CITY reserves the right to review the insurance requirements of this section during the effective period of the AGREEMENT and to modify insurance coverages and their limits when Attachment 1
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deemed necessary and prudent by City’s Risk Manager based upon economic conditions, recommendation of professional insurance advisors, changes in statutory law, court decisions, or other relevant factors. The CONTRACTOR agrees to make any reasonable request for the deletion, revision, or modification of particular insurance policy terms, conditions, limitations, or exclusions (except where those policy provisions are established by law, or are established by regulations that are binding upon either party to the contract, or are binding upon the underwriter to the contract). Upon request by CITY, CONTRACTOR shall exercise reasonable efforts to accomplish such changes in policy coverages and shall pay the cost thereof.
14.8 Any deductibles or self-insured retentions must be declared to and approved by the CITY. At the CITY’s option, the CONTRACTOR shall demonstrate financial capability for payment of such deductibles or self-insured retentions.
14.9 CONTRACTOR hereby grants to CITY a waiver of any right to subrogation that any insurer of said CONTRACTOR may acquire against the CITY by virtue of the payment of any loss under such insurance. This provision applies regardless of whether or not the CITY has requested or received a waiver of subrogation endorsement from the insurer.
15.0 DISPUTES
15.1 If a dispute should arise regarding the performance of this AGREEMENT, the following procedures shall be used to address the dispute:
a. If the dispute is not resolved informally, then, within five (5) working days thereafter, the CONTRACTOR shall prepare a written position statement containing the party’s full position and a recommended method of resolution and shall deliver the position statement to the CONTRACT OFFICER.
b. Within ten working (10) days of receipt of the position statement, the CONTRACT OFFICER shall prepare a response statement containing the CITY’s full position and a recommended method of resolution and shall deliver the response statement to the CONSTRACTOR.
c. After the exchange of statements, if the dispute is not resolved within ten working (10) days, the CONTRACTOR and the CONTRACT OFFICER shall deliver the statements to the City Manager who shall make a determination within ten working (10) days.
15.2 If the dispute remains unresolved for ten working (10) days following the City Manager’s determination, and the parties have exhausted the procedures of this section, the parties may then seek resolution by mediation or such other remedies available to them by law or in equity.
16.0 GENERAL PROVISIONS
16.1 Accounting Records. CONTRACTOR shall keep records of the direct reimbursable expenses pertaining to the DESCRIBED SERVICES and the records of all accounts between the Attachment 1
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CONTRACTOR and SUBCONTRACTORS. CONTRACTOR shall keep such records on a generally recognized accounting basis. At any time during normal business hours, and as often as CITY may deem necessary, the CONTRACTOR shall make available to the CONTRACT OFFICER, or the CONTRACT OFFICER’s authorized representative, for examination, all of its records with respect to all matters covered by this AGREEMENT and shall permit CITY to audit, examine, and/or reproduce such records. CONTRACTOR shall retain such financial and program service records for a period of four (4) years from the completion of the work or after termination or final payment under this AGREEMENT, whichever is later.
16.2 CONTRACT OFFICER. The CITY’s designated CONTRACT OFFICER has the authority to direct the CONTRACTOR, approve actions, request changes, and approve additional services within her/his authority. Any obligation of the CITY under this AGREEMENT shall be the responsibility of the CONTRACT OFFICER. Excepting the provisions pertaining to dispute resolution, no other person shall have any authority under this AGREEMENT unless specifically delegated in writing.
16.3 Governing Law. This AGREEMENT and all matters relating to it shall be governed by the laws of the State of California and any action brought relating to this AGREEMENT shall be held exclusively in a State court in the County of San Diego. CONTRACTOR hereby waives the right to remove any action from San Diego County as is otherwise permitted by California Code of Civil Procedure Section 394.
16.4 Compliance with Laws/Business Certificate. CONTRACTOR and its SUBCONTRACTORS are required to comply with all applicable federal, state and local laws, rules, regulations, orders, policies, protocols and guidance, including, but not limited to, obtaining and maintaining a City Business Certificate during the duration of this AGREEMENT and complying with COVID-19 sanitation protocols, health orders and guidance.
16.5. Drafting Ambiguities. The Parties agree that they are aware that they have the right to be advised by counsel with respect to the negotiations, terms and conditions of this AGREEMENT, and the decision of whether or not to seek advice of counsel with respect to this AGREEMENT is a decision which is the sole responsibility of each Party. This AGREEMENT shall not be construed in favor of or against either Party by reason of the extent to which each Party participated in the drafting of the AGREEMENT.
16.6. Conflicts between Terms. If an apparent conflict or inconsistency exists between the main body of this AGREEMENT and the Attachments, the main body of this AGREEMENT shall control. If a conflict exists between an applicable federal, state, or local law, rule, regulation, order, or code and this AGREEMENT, the law, rule, regulation, order, or code shall control. Varying degrees of stringency among the main body of this AGREEMENT, the Attachments, and laws, rules, regulations, orders, or codes are not deemed conflicts, and the most stringent requirement shall control. Each Party shall notify the other immediately upon the identification of any apparent conflict or inconsistency concerning this AGREEMENT.
16.7 Non-Discrimination. CONTRACTOR shall not discriminate against any employee or applicant for employment because of sex, race, color, age, religion, ancestry, national origin, Attachment 1
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disability, military or veteran status, medical condition, genetic information, gender expression, marital status, or sexual orientation. CONTRACTOR shall take affirmative action to insure that applicants are employed and that employees are treated during employment without regard to their sex, race, color, age, religion, ancestry, national origin, disability, military or veteran status, medical condition, genetic information, gender expression, marital status, or sexual orientation and shall make reasonable accommodation to qualified individuals with disabilities or medical conditions. Such action shall include, but not be limited to the following: employment, upgrading, demotion, transfer, recruitment, or recruitment advertising, layoff or termination, rates of pay, or other forms of compensation, and selection for training, including apprenticeship.
CONTRACTOR agrees to post in conspicuous places available to employees and applicants for employment any notices provided by CITY setting forth the provisions of this non-discrimination clause.
16.8 Responsibility for Equipment. Notwithstanding anything in this AGREEMENT to the contrary, CITY shall not be responsible nor held liable for any damage whatsoever, including, but not limited to persons or property, resulting from or arising out of the use, misuse or failure of any equipment used by CONTRACTOR or any of CONTRACTOR’s agents, employees or SUBCONCONTRACTORS, even if such equipment has been furnished, rented, or loaned to CONTRACTOR by CITY. Any and all equipment furnished, rented, or loaned to CONTRACTOR by CITY is provided on an “as-is” basis. CITY MAKES NO REPRESENTATIONS OR
WARRANTIES, EXPRESS OR IMPLIED, REGARDING ITS EQUIPMENT, AND HEREBY
EXPRESSLY DISCLAIMS ALL WARRANTIES OF ANY KIND, INCLUDING, WITHOUT
LIMITATION, ANY IMPLIED WARRANTY OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. The acceptance or use of any CITY equipment by CONTRACTOR or CONTRACTOR’s agents, employees, or SUBCONTRACTORS shall be with all faults and shall be construed to mean that CONTRACTOR accepts full responsibility for and agrees to defend, indemnify, and hold harmless CITY from and against any and all claims for any damage whatsoever resulting from the use, misuse, or failure of such equipment. CONTRACTOR
HEREBY RELEASES, WAIVES, DISCHARGES AND CONVENANTS NOT TO SUE CITY
FOR ANY AND ALL LIABILITY FROM ANY AND ALL CLAIMS RELATING TO ANY CITY EQUIPMENT.
17.0 NOTICES
17.1 Any notices to be given under this AGREEMENT, or otherwise, shall be served by certified mail. For the purposes hereof, unless otherwise provided in writing by the parties hereto:
a. The address of the CITY, and the proper person to receive any notice on the CITY’s behalf, is:
City of Coronado
Police Services
700 Orange Avenue
Coronado, CA 92118
Attn.: Paul Connelly, Chief of Police
Tel. No. (619) 522-7355
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With copy emailed to:
Johanna Canlas, City Attorney
[email protected]
b. The address of the CONTRACTOR, and the proper person to receive any notice on the CONTRACTOR’s behalf, is:
Mike Nesselrodt
1350 Port Republic Rd
Harrisonburg, VA 22801
Telephone No. (540) 434-5965 x1243
18.0 PROFESSIONAL CONTRACTOR’S CERTIFICATION OF AWARENESS OF IMMIGRATION REFORM AND CONTROL ACT OF 1986
18.1 CONTRACTOR certifies that CONTRACTOR is aware of the requirements of the Immigration Reform and Control Act of 1986 (8 U.S.C. §§ 1101-1525) and has complied and will comply with these requirements, including, but not limited to, verifying the eligibility for employment of CONTRACTOR and all its agents, employees, representatives and SUBCONTRACTORS, and any other person performing any of the DESCRIBED SERVICES.
19.0 CONFIDENTIALITY AND SECURITY
19.1 Confidential Work Product. All professional services performed by CONTRACTOR, including but not limited to all drafts, data, correspondence, proposals, reports, research and estimates compiled or composed by CONTRACTOR, pursuant to this AGREEMENT, are for the sole use of the CITY, its agents and employees. Neither the documents nor their contents shall be released to any third party without the prior written consent of the CITY. This provision does not apply to information that (a) was publicly known, or otherwise known to CONTRACTOR, at the time that it was disclosed to CONTRACTOR by the CITY, (b) subsequently becomes publicly known through no act or omission of CONTRACTOR or (c) otherwise becomes known to CONTRACTOR other than through disclosure by the CITY. Except for any subcontractors that may be allowed upon prior agreement, neither the documents nor their contents shall be released to any third party without the prior written consent of the CITY. The sole purpose of this section is to prevent disclosure of CITY’s confidential and proprietary information by CONTRACTOR or subcontractors.
19.2 Confidentiality. Both parties recognize that their respective employees and agents, in the course of performance of this AGREEMENT, may be exposed to confidential information and that disclosure of such information could violate the rights of private individuals and entities, including the parties and third parties. Confidential information is nonpublic information that a reasonable person would believe to be confidential and includes, without limitation, personal identifying information (e.g., social security numbers) and trade secrets, each as defined by applicable state law, and all other information protected by applicable law (“Confidential Information”). The party receiving Confidential Information (“Receiving Party”) of the other (“Disclosing Party”) shall not, Attachment 1
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and shall cause its employees and agents who are authorized to receive Confidential Information, not to use Confidential Information for any purpose except as necessary to implement, perform or enforce this AGREEMENT or comply with its legal obligations. Receiving Party will use the same reasonable efforts to protect the Confidential Information of Disclosing Party as it uses to protect its own proprietary information and data. The Receiving Party will not disclose or release Confidential Information to any third person without the prior written consent of the Disclosing Party, except for where required by law or for authorized employees or agents of the Receiving Party. Prior to disclosing the Confidential Information to its authorized employees or agents, Receiving Party shall inform them of the confidential nature of the Confidential Information and require them to abide by the terms of this AGREEMENT. Receiving Party will promptly notify Disclosing Party if Receiving Party discovers any improper use or disclosure of Confidential Information and will promptly commence all reasonable efforts to investigate and correct the causes of such improper use or disclosure. If Receiving Party believes the Confidential Information must be disclosed under applicable law, Receiving Party may do so provided that, to the extent permitted by law, the other party is given a reasonable notice and opportunity to contest such disclosure or obtain a protective order. Confidential Information does not include information that: (i) is or becomes known to the public without fault or breach of the Receiving Party; (ii) the Disclosing Party regularly discloses to third parties without restriction on disclosure; or (iii) the Receiving Party obtains from a third party without restriction on disclosure and without breach of a non-disclosure obligation. Confidential Information does not include any information that is required to be provided to the public pursuant to the laws of the United States and/or California such as the California Public Records Act, due to the nature of CITY being a local governmental agency. The non-disclosure and non-use obligations of this AGREEMENT will remain in full force with respect to each item of Confidential Information for a period of ten (10) years after the Receiving Party’s receipt of that item.
19.3 Security.
19.3.1 Implementation. CONTRACTOR shall implement commercially reasonable administrative, technical and physical safeguards designed to: (i) ensure the security and confidentiality of data and information provided by the CITY or used in connection with providing services under this AGREEMENT, including data or information about third parties (“CITY’S Data”); (ii) protect against any anticipated threats or hazards to the security or integrity of CITY’S Data; and (iii) protect against unauthorized access to or use of CITY’S Data. CONTRACTOR shall review and test such safeguards on no less than an annual basis.
19.3.2 Network. If CONTRACTOR makes CITY’S Data accessible through the Internet or other networked environment, CONTRACTOR shall be solely responsible for all aspects of Internet use, and shall maintain, in connection with the operation or use of CITY’S Data, adequate technical and procedural access controls and system security requirements and devices, necessary for data privacy, confidentiality, integrity, authorization, authentication and non-repudiation and virus detection and eradication.
19.3.3 Personal Data. If CONTRACTOR processes or otherwise has access to any personal data or personal information on CITY’s behalf when performing CONTRACTO’s services and obligations under this AGREEMENT, then: (i) CITY shall be the data controller (where Attachment 1
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“data controller” means an entity which alone or jointly with others determines purposes for which and the manner in which any personal data are, or are to be, processed) and CONTRACTOR shall be a data processor (where “data processor” means an entity which processes the data only on behalf of the data controller and not for any purposes of its own); (ii) CITY shall ensure that it has obtained all necessary consents and it is entitled to transfer the relevant personal data or personal information to CONTRACTOR so that CONTRACTOR may lawfully use, process and transfer the personal data and personal information in accordance with this AGREEMENT on CITY’s behalf in order for CONTRACTOR to provide the services and perform its other obligations under this AGREEMENT; (iii) CONTRACTOR shall process the personal data and personal information only in accordance with any lawful and reasonable instructions given by CITY from time to time and in accordance with the terms of this AGREEMENT; and (iv) each party shall take appropriate technical and organizational measures against unauthorized or unlawful processing of the personal data and personal information or its accidental loss, destruction or damage so that, having regard to the state of technological development and the cost of implementing any measures, the measures taken ensure a level of security appropriate to the harm that might result from such unauthorized or unlawful processing or accidental loss, destruction or damage in relation to the personal data and personal information and the nature of the personal data and personal information being protected. If necessary, the parties will cooperate to document these measures taken.
19.3.4 Information Security. CONTRACTOR represents and warrants that its collection, access, use, storage, disposal and disclosure of Confidential Information accessed and/or collected from CITY does and will comply with all applicable federal and state privacy and data protection laws. In the event of any security breach, CONTRACTOR shall: (a) Provide CITY with the name and contact information for an employee who shall serve as CITY’s primary security contact and shall be available to assist CITY twenty-four (24) hours per day, seven (7) days per week as a contact in resolving obligations associated with a security breach; and (b) Notify CITY of a security breach as soon as practicable, but no later than twenty-four (24) hours after CONTRACTOR becomes aware of it. Immediately following CONTRACTOR’s notification to CITY of a security breach, the parties shall coordinate with each other to investigate the security breach. CONTRACTOR agrees to fully cooperate with CITY in CITY’s handling of the matter. CONTRACTOR shall use best efforts to immediately remedy any security breach and prevent any further security breach at CONTRACTOR’s own expense in accordance with applicable privacy rights, laws, regulations and standards. CONTRACTOR agrees to provide, at its expense, up to one year of credit monitoring services to third parties impacted by any data breach involving the loss of personally identifiable information.