Note 13: Risk Management/Joint Venture
The City’s risk management activities are recorded in the internal service fund. The purpose of the fund is to administer the employee life, health, property and liability, and workers’ compensation insurance programs of the City.
The City participates with other public entities in a joint venture under a joint powers agreement which establishes the Central San Joaquin Valley Risk Management Authority (CSJVRMA).
The relationship between the City and CSJVRMA is such that CSJVRMA is not a component unit of the City for financial reporting purposes.
74 CITY OF DINUBA
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
JUNE 30, 2021
Note 13: Risk Management/Joint Venture (Continued)
The City is covered for the first $1,000,000 of each general liability claim and $500,000 of each worker’s compensation claim through the CSJVRMA. The City has the right to receive dividends or the obligation to pay assessments based on a formula which among other expenses, charges the City’s account for liability losses under $50,000 and workers’ compensation losses under $50,000. The CSJVRMA purchases excess reinsurance from $1,000,000 to $29,000,000. The CSJVRMA participates in an excess pool which provides Workers’ Compensation coverage from $500,000 to $1,500,000 and purchases excess reinsurance above $5,000,000 to the statutory limit.
The CSJVRMA is a consortium of fifty-five (55) cities in San Joaquin Valley, California. It was established under the provisions of California Government Code Section 6500 et seq. The CSJVRMA is governed by a Board of Directors, which meets three times per year, consisting of one member appointed by each member city. The day-to-day business is handled by a management group employed by the CSJVRMA. The financial statements of CSJVRMA can be obtained at 1831 K Street, Sacramento, California 95814.
The financial position and results of operations for the CSJVRMA as of June 30, 2021 are presented below:
Total Assets $ 150,621,596
Total Liabilities $ 129,774,819
Total Net Position 20,846,777
Total Liabilities and Net Position 150,621,596 $
Revenues for Fiscal Year $ 55,391,674
Expenses for Fiscal Year 54,309,239
Change in Position $ 1,082,435
At the termination of the joint powers agreement and after all claims have been settled, any excess or deficit will be divided among the cities in accordance with its governing documents.
The City is self-insured for health insurance for its employees. Each department and division is charged an actuarially determined amount for health insurance expenses based on its employees. All claims are administered by an independent insurance processor; the City is responsible for reimbursing the company for all claims up to $50,000 per covered individual, with any expenses greater than that being covered by the insurance provider.
The claims liability of $50,000 for health insurance at June 30, 2021 is based on the requirements of Governmental Accounting Standards Board Statement No. 10, which requires that a liability for claims be reported if information prior to the issuance of the financial statements indicates that it is probable that a liability has been incurred at the date of the financial statements and the amount of the loss can be reasonably estimated. The claims liability was estimated from the average amount of claims paid per lag reports provided by the administrator. Settlements have not exceeded coverages for each of the past three fiscal years. 75 CITY OF DINUBA
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
JUNE 30, 2021
Note 13: Risk Management/Joint Venture (Continued)
Changes in health claim liabilities at June 30, 2021 and 2020, were as follows:
2021 2020
Liability - beginning of fiscal year $ 50,000 $ 50,000
Current year claims and changes in estimates 2,307,754 2,755,157 Claim payments (2,307,754) (2,755,157)
Liability - end of fiscal year $ 50,000 $ 50,000
Note 14: Commitments
The City is committed to pay the local Chamber of commerce 40% of the annual business license fees collected. For the fiscal year ended June 30,2021 this amount is approximately $96,168. The budgeted amount for fiscal year June 30, 2022 is $97,390.
Note 15: Contingent Liabilities
Amounts received or receivable from grantor agencies are subject to audit and adjustment by grantor agencies, principally the federal government. Any disallowed claims, including amounts already collected, may constitute a liability of the applicable funds. The amount, if any, of expenditures that may be disallowed by the grantor cannot be determined at this time, although the government expects such amounts, if any, to be immaterial.
The City is subject to various lawsuits and claims involving public liability and other actions incidental to the ordinary course of City operations. In the aggregate, those claims seek monetary damages in significant amounts. To the extent the outcome of such litigation may be determined to result in financial loss to the City, in the opinion of City management, any potential liability for these actions is adequately provided for in the basic financial statements.
The timing of potential payment of such losses cannot presently be determined.
Note 16: Successor Agency Trust for Assets of the Former Redevelopment Agency (SADRA) On December 29, 2011, the California Supreme Court upheld AB X1 26 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 redevelopment agency within the reporting entity of the City as a blended component unit.
AB X1 26 provides that upon dissolution of a redevelopment agency, either the city or another unit of local government will agree to serve as the “successor agency” 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 redevelopment agency in accordance with AB X1 26.
After enactment of the law, which occurred on June 28, 2011, 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). 76 CITY OF DINUBA
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
JUNE 30, 2021
Note 16: Successor Agency Trust for Assets of the Former Redevelopment Agency (SADRA) In future fiscal years, 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 redevelopment agency until all enforceable obligations of the prior redevelopment agency have been paid in full and all assets have been liquidated.
AB X1 26 directs the State Controller of the State of California to review the propriety of any transfers of assets between redevelopment agencies and other public bodies that occurred after January 1, 2011. If the public body that received such transfers is not contractually committed to a third party for the expenditure or encumbrance of those assets, the State Controller is required to order the available assets to be transferred to the public body designated as the successor agency by AB X1 26.
In accordance with the timeline set forth in the Bill (as modified by the California Supreme Court on December 29, 2011) all redevelopment agencies in the State of California were dissolved and ceased to operate as a legal entity as of February 1, 2012. Prior to that date, the final seven months of the activity of the redevelopment agency continued to be reported in the Low-Moderate Income Housing, Tax Allocation and Redevelopment Agency governmental funds of the City. After the date of dissolution, the assets and activities of the dissolved redevelopment agency are reported in a fiduciary fund (private-purpose trust fund) in the financial statements of the City.
a. Capital Assets Held by SADRA
Balance
July 1, 2020 Additions Deletions
Balance
June 30, 2021
Capital assets, not depreciated:
Land 2,730,606 $ -$ -$ 2,730,606 $
Total capital assets, not depreciated 2,730,606 - - 2,730,606 Capital assets, depreciated:
Buildings and structures 167,848 - - 167,848
Total capital assets, depreciated 167,848 - - 167,848
Less accumulated depreciation for:
Buildings and structures (117,303) (5,559) - (122,862)
Total accumulated depreciation (117,303) (5,559) - (122,862) Total capital assets, depreciated, net 50,545 (5,559) - 44,986 Total capital assets, net $ 2,781,151 $ (5,559) -$ 2,775,592 $ Depreciation expense for the fiscal year ended June 30, 2021 was $5,559. b. Summary of SADRA’s Long-Term Debt
Balance
July 1, 2020 Deletions
Balance
June 30, 2021 Current Portion
Public Offerings:
Tax allocation bonds $ 44,030,000 $ 1,520,000 $ 42,510,000 $ 1,505,000 Original issue premium 1,250,511 84,878 1,165,633 N/A
Original issue discount (33,805) (1,744) (32,061) N/A
Total long-term liabilities, net 45,246,706 $ $ 1,603,134 $ 43,643,572 $ 1,505,000 77 CITY OF DINUBA
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
JUNE 30, 2021
Note 16: Successor Agency Trust for Assets of the Former Redevelopment Agency (SADRA) (Continued)
2012 Subordinate Tax Allocation Refunding Bonds. On December 6, 2012, SADRA issued $1,700,000 Subordinate Tax Allocation Refunding Bonds bearing interest of 2.0% to 4.25% payable semi-annually on March 1 and September 1 commencing March 1, 2014. The bonds mature annually at various amounts through September 2039.
The bonds are payable from and secured by incremental tax revenues. Bonds outstanding as of June 30, 2021 were $1,335,000.
The Bonds were issued to refinance the Agency’s previously issued $1,370,000, 2009 Tax Allocation Notes. As a result, the 2009 Tax Allocation Notes are considered to be defeased and the liability for those bonds have been removed from the long-term liabilities.
The aggregate debt service payments of the new debt is $1,406,600 more than the old debt.
After using funds remaining from the 2001 and 2003 issues, recognizing an original issue premium, paying costs of issuance, and paying an escrow agent for the refunding, the SADRA recognized a deferred loss on refunding in the amount of $495,141. 2014 Tax Allocation Refunding Bonds. On May 14, 2014, the Successor Agency to the Dinuba Redevelopment Agency issued $14,650,000 Tax Allocation Refunding Bonds bearing interest of 3% payable semi-annually on March 1 and September 1 commencing September 1, 2014. The bonds mature annually at various amounts through September 1, 2033. The bonds are payable from and secured by incremental tax revenues.
Bonds outstanding as of June 30, 2021 were $11,400,000.
The Bonds are being issued to refinance the outstanding amount ($9,630,000) of the Agency’s previously issued 2001 Tax Allocation Bonds and outstanding amount ($6,465,000) of the Agency’s 2003 Tax Allocation Bonds. As a result, the 2001 and 2003 Tax Allocation Bonds are considered to be defeased and the liability for those bonds have been removed from the long-term liabilities of the Private Purpose Trust Fund. 2015 Tax Allocation Refunding Bonds. On October 1, 2015, the Successor Agency to the Dinuba Redevelopment Agency issued $15,055,000 Tax Allocation Refunding Bonds bearing interest of 3% payable semi-annually on March 1 and September 1 commencing March 1, 2017. The bonds mature annually at various amounts through September 1, 2036. The bonds are payable from and secured by incremental tax revenues.
Bonds outstanding as of June 30, 2021 were $12,385,000.
The Bonds were issued to refinance the outstanding amount ($4,440,000) of the Agency’s previously issued 2005 Tax Allocation Refunding Bonds and outstanding amount ($11,375,000) of the Agency’s 2006 Tax Allocation Refunding Bonds. As a result, the 2005 Tax Allocation Refunding Bonds are considered to be defeased and the liability for the bonds have been removed from the long-term liabilities of the Private Purpose Trust Fund.
As a result of this refunding, the SADRA recognized a deferred loss on refunding in the amount of $828,923.
78 CITY OF DINUBA
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
JUNE 30, 2021
Note 16: Successor Agency Trust for Assets of the Former Redevelopment Agency (SADRA) (Continued)
2017 Tax Allocation Refunding Bonds. On February 22, 2017, the Successor Agency to the Dinuba Redevelopment Agency issued $18,875,000 Tax Allocation Refunding Bonds bearing interest of 2%-4% payable semi-annually on March 1 and September 1 commencing September 1, 2017. The bonds mature annually at various amounts through September 1, 2041. The bonds are payable from and secured by incremental tax revenues.
Bonds outstanding as of June 30, 2021 were $17,390,000.
The Bonds were issued to refinance the outstanding amount ($3,000,000) of the Agency’s previously issued 2006 Tax Allocation Refunding Bonds, outstanding amount ($10,365,000) of the Agency’s previously issued 2011A Tax Allocation Refunding Bonds and outstanding amount ($4,325,000) of the Agency’s 2011B Tax Allocation Refunding Bonds. As a result, the 2006, 2011A, and 2011B Tax Allocation Refunding Bonds are considered to be defeased and the liability for the bonds have been removed from the long-term liabilities of the Private Purpose Trust Fund.
As a result of this refunding, the SADRA recognized a deferred loss on refunding in the amount of $2,820,201.
The annual requirements to amortize long-term debt outstanding at June 30, 2021 are as follows:
Fiscal Year
Ended June 30, Principal Interest Total
2022 $ 1,505,000 $ 1,756,182 $ 3,261,182
2023 1,570,000 1,691,082 3,261,082
2024 1,625,000 1,619,619 3,244,619
2025 1,710,000 1,541,175 3,251,175
2026 1,795,000 1,458,644 3,253,644
2027-2031 10,130,000 6,093,772 16,223,772
2032-2036 12,530,000 3,609,119 16,139,119
2037-2041 10,795,000 1,132,001 11,927,001
2042 850,000 17,000 867,000
Subtotal 42,510,000 $ 18,918,594 $ 61,428,594
1,133,572
$ 43,643,572
Net Premium
(Discount)
Grand Total
SADRA
Note 17: Restatement
At June 30, 2021, the City reported a prior period adjustment in the amount of $78,836 in the General Fund. The prior period adjustment was due to the implementation of GASB Statement No. 84, Fiduciary Activities, for accounting and financial reporting purposes.
A restatement of $1,090,131 in the Ambulance Fund was recorded to adjust accounts receivable.
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81 CITY OF DINUBA
COST SHARING MULTIPLE-EMPLOYER PLAN
SCHEDULE OF PROPORTIONATE SHARE OF THE NET PENSION LIABILITY AS OF JUNE 30, 2021
2015 2016 2017 2018
Measurement Date 6/30/2014 6/30/2015 6/30/2016 6/30/2017 Miscellaneous Rate Plan
Rate Plan's Proportion of the Net Pension Liability 0.09025% 0.08449% 0.08530% 0.08633% Rate Plan's Proportionate Share of the Net Pension Liability $ 5,615,605 $ 5,799,429 $ 7,380,757 $ 8,561,182 Rate Plan's Covered Payroll $ 4,337,752 $ 4,535,654 $ 4,950,525 $ 4,855,630 Rate Plan's Proportionate Share of the Net Pension Liability as Percentage of Covered Payroll 129.46% 127.86% 149.09% 176.31% Safety Rate Plan
Rate Plan's Proportion of the Net Pension Liability 0.12534% 0.11578% 0.10988% 0.10815% Rate Plan's Proportionate Share of the Net Pension Liability $ 7,798,956 $ 7,946,896 $ 9,507,786 $ 10,725,363 Rate Plan's Covered Payroll $ 4,361,016 $ 4,579,907 $ 4,837,830 $ 4,868,573 Rate Plan's Proportionate Share of the Net Pension Liability as Percentage of Covered Payroll 178.83% 173.52% 196.53% 220.30% Total Plan
Plan Proportion of the Net Pension Liability 0.21558% 0.20027% 0.19517% 0.19447% Plan Proportionate Share of the Net Pension Liability $ 13,414,561 $ 13,746,325 $ 16,888,543 $ 19,286,545 Plan Covered Payroll $ 8,698,768 $ 9,115,561 $ 9,788,355 $ 9,724,203 Plan Proportionate Share of the Net Pension Liability as Percentage of Covered Payroll 154.21% 150.80% 172.54% 198.34% The Pension Plan's (PERF-C) Fiduciary Net Position as a Percentage of the Total Pension Liability 79.82% 78.40% 74.06% 73.31% Notes to Schedule:
(1) Historical information is required only for measurement for which GASB 68 is applicable. Fiscal Year 2015 was the first year of implementation, therefore only seven years are shown.
Changes of Assumptions: None in 2019 or 2020. In 2018, demographic assumptions and inflation rate were changed in accordance to the CalPERS Experience Study and Review of Actuarial Assumptions December 2017. There were no changes in discount rate in 2018. In 2017, the accounting discount rate reduced from 7.65 percent to 7.15 percent. In 2016, there were no changes. In 2015, amounts reported reflect an adjustment of the discount rate from 7.5 percent (net of administrative expense) to 7.65 percent (without a reduction for pension plan administrative expense.) In 2014, amounts reported were based on the 7.5 percent discount rate.
Benefit Changes: The figures above include any liability impact that may have resulted from voluntary benefit changes that occurred after the June 30, 2019 valuation. However, offers of Two Years Additional Service Credit (a.k.a. Golden Handshakes) that occurred after the June 30, 2019 valuation date are not included in the figures above, unless the liability impact is deemed to be material by the plan actuary. 82 2019 2020 2021
6/30/2018 6/30/2019 6/30/2020
0.08682% 0.08889% 0.09050%
$ 9 8,366,578 $ 9 ,108,392 $ ,846,994
$ 4 4,623,761 $ 4 ,190,146 $ ,115,214
180.95% 217.38% 239.28%
0.02695% 0.11147% 0.11411%
$ 11,422,641 10,683,936 $ 12,415,460 $
$ 5 5,340,189 $ 5 ,275,144 $ ,276,932
200.07% 216.54% 235.28%
0.11378% 0.20036% 0.20461%
$ 20,531,033 19,050,514 $ 22,262,454 $
$ 9 9,963,950 $ 9 ,465,290 $ ,392,146
191.19% 216.91% 237.03%
75.26% 75.18% 75.06%
83 CITY OF DINUBA
COST SHARING MULTIPLE-EMPLOYER PLAN
SCHEDULE OF PLAN CONTRIBUTIONS
AS OF JUNE 30, 2021
2015 2016 2017 2018
Miscellaneous Rate Plan
Actuarially Determined Contribution $ 588,950 558,710 $ $ 699,287 $ 801,836 Contribution in Relation to the Actuarially Determined Contribution ( (558,710) ( 588,950) 699,287) (801,836) Contribution Deficiency (Excess) $ - $ - $ - $ -
Covered Payroll $ 4,950,525 4,535,654 $ 4,855,630 $ $ 4,623,761 Contributions as a Percentage of Covered Payroll 12.32% 11.90% 14.40% 17.34% Safety Rate Plan
Actuarially Determined Contribution $ 1,201,260 1,170,656 $ 1,211,650 $ $ 1,487,592 Contribution in Relation to the Actuarially Determined Contribution (1,201,260) (1,170,656) (1,211,650) (1,487,592) Contribution Deficiency (Excess) $ - $ - $ - $ -
Covered Payroll $ 4,837,830 4,579,907 $ 4,868,573 $ $ 5,340,189 Contributions as a Percentage of Covered Payroll 25.56% 24.83% 24.89% 27.86% Total Plan
Actuarially Determined Contribution $ 1,790,210 1,729,366 $ 1,910,937 $ $ 2,289,428 Contribution in Relation to the Actuarially Determined Contribution (1,790,210) (1,729,366) (1,910,937) (2,289,428) Contribution Deficiency (Excess) $ - $ - $ - $ -
Covered Payroll $ 9,788,355 9,115,561 $ 9,724,203 $ $ 9,963,950 Contributions as a Percentage of Covered Payroll 18.97% 18.29% 19.65% 22.98% Note to Schedule:
Valuation Date:
Methods and assumptions used to determine contribution rates:
Actuarial Cost Method
Amortization method
Asset valuation method
Inflation
Payroll Growth
Projected Salary Increases
Investment Rate of Return
Retirement Age
Mortality The mortality table used was developed based on CalPERS' specific data. The table includes 15 years of mortality improvements using 90 percent of Society of Actuaries' Scale 2016. For more details on this table, please refer to the 2017 experience study report.
All other actuarial assumptions used in the June 30, 2019 valuation were based on the results of an actuarial experience study for the period from 1997 to 2015, including updates to salary increase, mortality and retirement rates. The Experience Study report may be accessed on the CalPERS website at www.calpers.ca.gov under Forms and Publications.
Direct rate smoothing
2.50%
2.75%
Varies by Entry Age and Service
7.15% (net of pension plan investment and administrative expenses, includes inflation) June 30, 2018
Entry Age Normal Cost Method
(1) Historical information is required only for measurement for which GASB 68 is applicable. Fiscal Year 2015 was the first year of implementation, therefore only seven years are shown.
Level percentage of pay, a summary of the current policy is provided in the table below:
84 2019 2020 2021
$ 882,029 $ 1,023,527 $ 1,096,427
(882,029) (1,023,527) (1,096,427)
$ - $ - $ -
$ 4,190,146 $ 4,115,214 $ 2,742,630
21.05% 24.87% 39.98%
$ 1,553,598 $ 1,702,909 $ 1,842,579
(1,553,598) (1,702,909) (1,842,579)
$ - $ - $ -
$ 5,275,144 $ 5,276,932 $ 4,272,963
29.45% 32.27% 43.12%
$ 2,435,627 $ 2,726,436 $ 2,939,006
(2,435,627) (2,726,436) (2,939,006)
$ - $ - $ -
$ 9,465,290 $ 9,392,146 $ 7,015,593
25.73% 29.03% 41.89%
85 CITY OF DINUBA
SCHEDULE OF CHANGES IN THE TOTAL OPEB LIABILITY AND RELATED RATIOS AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS (1)
2018 2019 2020 2021
Total OPEB Liability
Service cost $ 1,508,388 $ 1,308,469 $ 1,330,644 $ 1,040,926 Interest on the total OPEB liability 759,508 879,229 942,696 787,756 Differences between expected and actual experiences (3,331,140) - (1,36 - 9,150) Changes in assumptions 475,464 (255,242) (914,613) 3,237,466 Benefit payments (459,273) (591,507) (630,017) (516,507) Net Change in Total OPEB Liability (1,047,053) 1,340,949 (640,440) 4,549,641 Total OPEB liability - beginning 24,731,785 23,684,732 25,025,681 24,385,241 Total OPEB liability - ending (a) $ 23,684,732 $ 25,025,681 $ 24,385,241 $ 28,934,882 Covered-employee payroll $ 7,359,008 7,746,382 $ 6,955,744 $ 7,015,595 $ Net OPEB liability as a percentage of covered-employee payroll 305.75% 340.07% 350.58% 412.44% (2) Total employer contributions consist of $383,380 explicit contributions and $133,127 implicit contributions. (1) Historical information is required only for the measurement periods for which GASB 75 is applicable. Fiscal Year 2018 was the first year of implementation. Future years' information will be displayed up to 10 years as information becomes available.
See Notes to Required Supplementary Information.
86 CITY OF DINUBA
NOTES TO REQUIRED SUPPLEMENTARY INFORMATION
JUNE 30, 2021
Note 1: Budgets and Budgetary Data
a. 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. b. The City Council approves total budgeted appropriations and any amendments to appropriations throughout the fiscal year. All amendments made during the fiscal year are included in the budgetary amounts reported herein. The “appropriated budget” covers all City expenditures, with the exception of debt service on bond issues and capital improvement projects carried forward from prior fiscal years, which expenditures constitute legally authorized “non-appropriated budget”. Actual expenditures may not exceed budgeted appropriations at the fund level, which is the legal level of control.
The City Manager is authorized to transfer budgeted amounts between departments within any fund; however, any revisions that alter the total expenditures of any fund must be approved by the City Council.
c. Formal budgetary integration is employed as a management control device during the fiscal year. Commitments for materials and services, such as purchase orders and contracts, are recorded as encumbrances to assist in controlling expenditures. Appropriations which are encumbered lapse at fiscal year-end, and then are added to the following fiscal year’s budgeted appropriations.
d. Budgets for the General, Special Revenue, and Debt Service Funds are adopted on a basis substantially consistent with accounting principles generally accepted in the United States of America (USGAAP). Accordingly, actual revenues and expenditures can be compared with related budgeted amounts without any significant reconciling items.
The Housing Authority Fund does not have legally adopted budgets for the fiscal year ended June 30, 2021.
Budget comparisons are not presented for the Proprietary Funds, as the City is not legally required to adopt a budget for these type funds.
e. Capital projects are budgeted through the Capital Projects Funds. Appropriations for capital projects authorized but not constructed or completed during the fiscal year are carried forward as continuing appropriations into the following fiscal year’s budget. f. Under Article XIII-B 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 or returned to the taxpayers through revised tax rates or revised fee schedules, or an excess in one year may be offset by a deficit in the following year. For the fiscal year ended June 30, 2021, based on calculations by City staff, proceeds of taxes did not exceed appropriations. Further, Section 5 of Article XIII-B allows the City to designate a portion of fund balance for general contingencies, to be used for any purpose.
87 CITY OF DINUBA
NOTES TO REQUIRED SUPPLEMENTARY INFORMATION (CONTINUED) JUNE 30, 2021
Note 2: Excess Expenditures over Appropriations
The following are major funds in which certain expenditures exceeded appropriations for the fiscal year ended June 30, 2021:
Fund/Function
Final
Appropriation Expenditures Excess
Major Funds:
HUD Grants Fund
Public Works 275,857 286,000 (10,143)
Capital Outlay 5,081,785 6,339,121 (1,257,336)
Transfers out 700 63,524 (62,824)
88 THIS PAGE INTENTIONALLY LEFT BLANK
CITY OF DINUBA
NONMAJOR GOVERNMENTAL FUNDS
SPECIAL REVENUE FUNDS
Special revenue funds are used to account for specific revenue (other than those for major capital projects) that are restricted legally to expenditures for particular purposes.
PUBLIC SAFETY SALES TAX FUND - This fund accounts for 3/4% add-on sales tax approved by voters in November 2005 for enhanced public saftey services.
GAS TAX FUND - This fund accounts for street projects paid for out of the City’s share of the gas tax monies received from the state.
PARKS RESERVE FUND – Monies received from developers for the purpose of acquiring additional parklands are accounted for in this fund.
TRANSPORTATION FUND – This fund accounts for monies received under the Transportation Development Act for street and road projects, and for planning purposes.
SYSTEM DEVELOPMENT CHARGES FUND – This fund accounts for developer deposits for expanding existing water, sewer, and/or transportation systems, and to provide new systems necessary in new real tt d l t
COMMUNITY ENHANCEMENT GRANTS FUND – This fund accounts for various State and Federal grants awards to the City.
ASSESSMENT DISTRICTS FUND – This fund accounts for the lighting and maintenance district costs of various medians and landscape areas in the City. Funding is provided by assessments charged to property owners within the district.
ROAD REPAIR AND ACCOUNTABILITY ACT OF 2017 (SB1) FUND – This fund accounts for fees collected from developers and saved for future capital outlays for fire equipment. 89 &,7<2)',18%$
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CITY OF DINUBA
COMBINING BALANCE SHEET
NONMAJOR GOVERNMENTAL FUNDS
JUNE 30, 2021
Assets:
Pooled cash and investments $ 96,145 851,826 $ 497,634 $ $ - Receivables:
Accounts - - - -
Notes and loans - - 117,543 -
Accrued interest 569 94 305 -
Prepaid costs - 1,054 - 81
Due from other governments 627,638 363,806 - 1,167,157
Advances to other funds - - - -
Restricted assets:
Cash and investments with fiscal agents - - - -
Total Assets $ 1,480,033 $ 461,099 $ 615,482 $ 1,167,238 Liabilitites, Deferred Inflows of Resources,
and Fund Balances:
Liabilities:
Accounts payable $ 3,481 $ 25,048 $ 7,490 $ 5,249
Accrued liabilities 61,361 12,551 - 8,753
Deposits payable - - - -
Due to other funds - - - 274,298
Advances from other funds - - 116,904 -
Total Liabilities 64,842 37,599 124,394 288,300
Deferred Inflows of Resources:
Unavailable revenues - - 27,887 -
Total Deferred Inflows of Resources - - 27,887 -
Fund Balances:
Nonspendable:
Prepaid costs - 1,054 - 81
Restricted for:
Public safety - 1,415,191 - -
Parks and recreation - - 463,201 -
Public works - 422,446 - 878,857
Capital Projects - - - -
Debt service - - - -
Unassigned - - - -
Total Fund Balances 1,415,191 423,500 463,201 878,938
Total Liabilities, Deferred Inflows of
Resources, and Fund Balances $ 1,480,033 $ 461,099 $ 615,482 $ 1,167,238 Special Revenue Funds
Public Safety
Sales Tax Gas Tax Parks Reserve Transportation
91 CITY OF DINUBA
COMBINING BALANCE SHEET
NONMAJOR GOVERNMENTAL FUNDS
JUNE 30, 2021
Assets:
Pooled cash and investments
Receivables:
Accounts
Notes and loans
Accrued interest
Prepaid costs
Due from other governments
Advances to other funds
Restricted assets:
Cash and investments with fiscal agents
Total Assets
Liabilitites, Deferred Inflows of Resources,
and Fund Balances:
Liabilities:
Accounts payable
Accrued liabilities
Deposits payable
Due to other funds
Advances from other funds
Total Liabilities
Deferred Inflows of Resources:
Unavailable revenues
Total Deferred Inflows of Resources
Fund Balances:
Nonspendable:
Prepaid costs
Restricted for:
Public safety
Parks and recreation
Public works
Capital Projects
Debt service
Unassigned
Total Fund Balances
Total Liabilities, Deferred Inflows of
Resources, and Fund Balances
(CONTINUED)
$ 107,292 3,869,202 $ - $ $ 400,776
- - - -
- 1,171,195 - -
65 2,786 10 215
- - 8,022 -
1,939 - 4,984 46,975
- - - -
- - - -
$ 109,296 5,043,183 $ 13,016 $ 447,966 $
$ - 27,436 $ 15,649 $ $ -
3,195 - 2,897 -
- - - -
- - 64,614 -
- - - -
3,195 27,436 83,160 -
- 364,288 - -
- 364,288 - -
- - 8,022 -
106,101 780,116 - -
- - - -
- 3,871,343 - 447,966
- - - -
- - - -
- - (78,166) -
106,101 4,651,459 (70,144) 447,966
$ 109,296 5,043,183 $ 13,016 $ 447,966 $
Special Revenue Funds
System
Development
Charges
Community
Enhancement
Grants
Assessment
Districts
Road Repair and
Accountability
Act of 2017
FUND (SB 1)
92 CITY OF DINUBA
COMBINING BALANCE SHEET
NONMAJOR GOVERNMENTAL FUNDS
JUNE 30, 2021
Assets:
Pooled cash and investments
Receivables:
Accounts
Notes and loans
Accrued interest
Prepaid costs
Due from other governments
Advances to other funds
Restricted assets:
Cash and investments with fiscal agents
Total Assets
Liabilitites, Deferred Inflows of Resources,
and Fund Balances:
Liabilities:
Accounts payable
Accrued liabilities
Deposits payable
Due to other funds
Advances from other funds
Total Liabilities
Deferred Inflows of Resources:
Unavailable revenues
Total Deferred Inflows of Resources
Fund Balances:
Nonspendable:
Prepaid costs
Restricted for:
Public safety
Parks and recreation
Public works
Capital Projects
Debt service
Unassigned
Total Fund Balances
Total Liabilities, Deferred Inflows of
Resources, and Fund Balances
Debt Service
Funds
$ 995,532 104,520 $ - $ $ 72,594
- - 139,165 -
- - - -
600 - - 44
678 - - -
- - - -
- - - -
- - - 766,778
$ 996,810 104,520 $ 139,165 $ 839,416 $
$ 4,981 419 $ - $ $ -
- - - -
600,000 - - -
- - 207,254 -
- - - 200,000
604,981 419 207,254 200,000
- - - -
- - - -
678 - - -
- - - -
- - - -
- - - -
391,151 104,101 - -
- - - 639,416
- - (68,089) -
391,829 104,101 (68,089) 639,416
$ 996,810 104,520 $ 139,165 $ 839,416 $
Capital Projects Funds
General
Construction
Vocational
Center MTBE
Financing
Authority
93 CITY OF DINUBA
COMBINING BALANCE SHEET
NONMAJOR GOVERNMENTAL FUNDS
JUNE 30, 2021
Assets:
Pooled cash and investments
Receivables:
Accounts
Notes and loans
Accrued interest
Prepaid costs
Due from other governments
Advances to other funds
Restricted assets:
Cash and investments with fiscal agents
Total Assets
Liabilitites, Deferred Inflows of Resources,
and Fund Balances:
Liabilities:
Accounts payable
Accrued liabilities
Deposits payable
Due to other funds
Advances from other funds
Total Liabilities
Deferred Inflows of Resources:
Unavailable revenues
Total Deferred Inflows of Resources
Fund Balances:
Nonspendable:
Prepaid costs
Restricted for:
Public safety
Parks and recreation
Public works
Capital Projects
Debt service
Unassigned
Total Fund Balances
Total Liabilities, Deferred Inflows of
Resources, and Fund Balances
Debt Service
Funds
$ 129,617 $ 7,125,138
139,165 -
1,288,738 -
4,688 -
9,835 -
2,212,499 -
1,124,333 1,124,333
766,778 -
$ 12,671,174 1,253,950 $
$ - $ 89,753
- 88,757
- 600,000
- 546,166
- 316,904
1,641,580 -
- 392,175
392,175 -
9,835 -
- 2,301,408
- 463,201
- 5,620,612
495,252 -
1,893,366 1,253,950
- (146,255)
10,637,419 1,253,950
$ 12,671,174 1,253,950 $
General Debt
Service
Total
Governmental
Funds
94 CITY OF DINUBA
COMBINING STATEMENT OF REVENUES,
EXPENDITURES AND CHANGES IN FUND BALANCES
NONMAJOR GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2021
Revenues:
Taxes $ 2,864,394 $ - $ - $ 523,319
Intergovernmental - 877,586 - 1,061,364
Charges for services - - - -
Use of money and property 1,501 2,602 2,224 760
Fines and forfeitures - - 176,120 -
Miscellaneous - - - 3,463
Total Revenues 2,866,996 178,344 879,087 1, 588,906
Expenditures:
Current:
General government - - - -
Public safety 1,871,028 - - -
Public works - 760,742 - 550,056
Capital outlay - 93,596 170,576 -
Debt service:
Principal retirement - 75,801 - 14,344
Interest and fiscal charges - 6,702 - 4,353
Total Expenditures 2,047,127 170,576 760,742 568,753
Excess (Deficiency) of Revenues
Over (Under) Expenditures 819,869 7,768 118,345 1,020,153 Other Financing Sources (Uses):
Transfers in - - - -
Transfers out (264,834) (339,531) - (745,099)
Capital leases - 74,884 - -
Total Other Financing Sources
(Uses) (189,950) (339,531) - (745,099)
Net Change in Fund Balances 629,919 (221,186) 7,768 275,054 Fund Balances, Beginning of Year 785,272 644,686 455,433 603,884 Fund Balances, End of Year 1,415,191 $ $ 463,201 423,500 $ $ 878,938 Special Revenue Funds
Public Safety
Sales Tax Gas Tax Parks Reserve Transportation
95 CITY OF DINUBA
COMBINING STATEMENT OF REVENUES,
EXPENDITURES AND CHANGES IN FUND BALANCES
NONMAJOR GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2021
Revenues:
Taxes
Intergovernmental
Charges for services
Use of money and property
Fines and forfeitures
Miscellaneous
Total Revenues
Expenditures:
Current:
General government
Public safety
Public works
Capital outlay
Debt service:
Principal retirement
Interest and fiscal charges
Total Expenditures
Excess (Deficiency) of Revenues
Over (Under) Expenditures
Other Financing Sources (Uses):
Transfers in
Transfers out
Capital leases
Total Other Financing Sources
(Uses)
Net Change in Fund Balances
Fund Balances, Beginning of Year
Fund Balances, End of Year
(CONTINUED)
$ - - $ $ 542,759 $ -
- 168,681 - 476,455
1,066,507 - - -
392 18,858 23 1,788
- - - -
- 1,350 - -
1,086,715 169,073 542,782 478,243
- - - -
- 151,904 - -
- 112,910 478,532 -
- 249,743 46,388 616,080
- - 5,539 -
- - 1,784 -
362,653 151,904 532,243 616,080
17,169 724,062 10,539 (137,837)
2,000 (80,596) - 82,333
- (1,042,464) - -
- - - -
2,000 (1,123,060) - 82,333
(398,998) 19,169 10,539 (55,504)
5,050,457 86,932 (80,683) 503,470
$ 4,651,459 $ 106,101 $ (70,144) $ 447,966
Community
Enhancement
Grants
Assessment
Districts
System
Development
Charges
Road Repair
and
Accountability
Act of 2017
FUND (SB 1)
Special Revenue Funds
96 CITY OF DINUBA
COMBINING STATEMENT OF REVENUES,
EXPENDITURES AND CHANGES IN FUND BALANCES
NONMAJOR GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2021
Revenues:
Taxes
Intergovernmental
Charges for services
Use of money and property
Fines and forfeitures
Miscellaneous
Total Revenues
Expenditures:
Current:
General government
Public safety
Public works
Capital outlay
Debt service:
Principal retirement
Interest and fiscal charges
Total Expenditures
Excess (Deficiency) of Revenues
Over (Under) Expenditures
Other Financing Sources (Uses):
Transfers in
Transfers out
Capital leases
Total Other Financing Sources
(Uses)
Net Change in Fund Balances
Fund Balances, Beginning of Year
Fund Balances, End of Year
Debt Service
Funds
$ - - $ $ - $ -
- - - -
- - - -
- 346,215 - 3,481
- - - -
- - 144,571 -
- 346,215 144,571 3,481
16,980 - - -
- - - -
- - - -
- 552,694 91,576 -
- - - 888,609
- - - 810,543
16,980 552,694 91,576 1,699,152
(552,694) 329,235 52,995 (1,695,671)
- 656,964 - 1,696,401
- - - -
- - - -
- 656,964 - 1,696,401
104,270 329,235 52,995 730
62,594 (169) (121,084) 638,686
$ 104,101 $ 391,829 $ (68,089) $ 639,416
General
Construction
Vocational
Center MTBE
Financing
Authority
Capital Projects Funds
97 CITY OF DINUBA
COMBINING STATEMENT OF REVENUES,
EXPENDITURES AND CHANGES IN FUND BALANCES
NONMAJOR GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2021
Revenues:
Taxes
Intergovernmental
Charges for services
Use of money and property
Fines and forfeitures
Miscellaneous
Total Revenues
Expenditures:
Current:
General government
Public safety
Public works
Capital outlay
Debt service:
Principal retirement
Interest and fiscal charges
Total Expenditures
Excess (Deficiency) of Revenues
Over (Under) Expenditures
Other Financing Sources (Uses):
Transfers in
Transfers out
Capital leases
Total Other Financing Sources
(Uses)
Net Change in Fund Balances
Fund Balances, Beginning of Year
Fund Balances, End of Year
Debt Service
Funds
$ - $ 3,930,472
- 2,584,086
- 1,066,507
- 377,844
- 176,120
- 149,384
8,284,413 -
- 16,980
- 2,022,932
- 1,902,240
- 1,820,653
335,838 1,320,131
85,470 908,852
7,991,788 421,308
(421,308) 292,625
421,308 2,778,410
- (2,391,928)
- 74,884
421,308 461,366
- 753,991
1,253,950 9,883,428
$ 1,253,950 $ 10,637,419
Total
Governmental
Funds
General Debt
Service
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113
CITY OF DINUBA
COMBINING STATEMENT OF NET POSITION
NON-MAJOR ENTERPRISE FUNDS
JUNE 30, 2021
Totals
Assets:
Current:
Cash and investments $ - $ 399,875 $ 399,875
Receivables:
Accounts - 2,964 2,964
Accrued interest - 277 277
Prepaid costs 291 - 291
Due from other governments 614,183 - 614,183
Total Current Assets 617,438 400,152 1,017,590
Noncurrent:
Capital assets - net of accumulated depreciation 1,588,371 1,694,525 3,282,896 Total Noncurrent Assets 1,588,371 1,694,525 3,282,896
Total Assets 2,205,809 2,094,677 4,300,486
Deferred Outflows of Resources:
Deferred pension related items 724 - 724
Deferred OPEB related items 10,923 - 10,923
Total Deferred Outflows of Resources 11,647 - 11,647
Liabilities:
Current:
Accounts payable 62,621 7,954 70,575
Accrued liabilities 147 1,183 1,330
Due to other funds 308,546 - 308,546
Accrued compensated absences - 1,096 1,096
Total Current Liabilities 371,314 10,233 381,547
Noncurrent:
Accrued compensated absences - 3,367 3,367
Net pension liability 3,348 - 3,348
Total OPEB Liability 86,226 - 86,226
Total Noncurrent Liabilities 89,574 3,367 92,941
Total Liabilities 460,888 13,600 474,488
Deferred Inflows of Resources:
Deferred pension related items 142 - 142
Deferred OPEB related items 12,209 - 12,209
Total Deferred Inflows of Resources 12,351 - 12,351
Net Position:
Invested in capital assets 1,588,371 1,694,525 3,282,896 Unrestricted 386,552 155,846 542,398
Total Net Position $ 1,744,217 $ 2,081,077 $ 3,825,294
Business-Type Activities - Enterprise Funds
Transit
Compressed
Natural Gas
114
CITY OF DINUBA
COMBINING STATEMENT OF REVENUES, EXPENSES
AND CHANGES IN FUND NET POSITION
NON-MAJOR ENTERPRISE FUNDS
YEAR ENDED JUNE 30, 2021
Totals
Operating Revenues:
Charges for services $ 19,241 $ 174,801 $ 194,042
Miscellaneous - 161,525 161,525
Total Operating Revenues 19,241 336,326 355,567
Operating Expenses:
Salaries and benefits 94,792 63,672 158,464
Contractual services 528,463 17,909 546,372
Materials and supplies 82,091 7 82,098
Repairs and maintenance 36,859 17,545 54,404
Utilities 58,182 15,639 73,821
Allocated costs 31,240 99,392 130,632
Depreciation expense 96,713 204,366 301,079
Total Operating Expenses 1,042,288 304,582 1,346,870
Operating Loss (1,023,047) 31,744 (991,303)
Nonoperating Revenues (Expenses):
Intergovernmental - 874,410 874,410
Interest revenue 2,111 755 2,866
Gain (loss) on disposal of capital assets (237,960) - (237,960) Total Nonoperating
Revenues (Expenses) 637,205 2,111 639,316
Income (Loss) Before Transfers (385,842) 33,855 (351,987) Transfers out (7,917) (3,563) (11, 480)
Changes in Net Position (389,405) 25,938 (363,467)
Net Position:
Beginning of Year 2,133,622 2,055,139 4,188,761
End of Fiscal Year $ 1,744,217 $ 2,081,077 $ 3,825,294
Business-Type Activities - Enterprise Funds
Transit
Compressed
Natural Gas
115
CITY OF DINUBA
COMBINING STATEMENT OF CASH FLOWS
NON-MAJOR ENTERPRISE FUNDS
YEAR ENDED JUNE 30, 2021
Totals
Cash Flows from Operating Activities:
Cash received from customers and users $ 174,801 16,277 $ $ 191,078 Cash paid to suppliers for goods and services (158,400) (893,641) (1,052,041) Cash paid to employees for services (220,734) (11,893) (232,627) Cash received from (payments to) others 161,525 - 161,525 Net Cash Provided (Used) by Operating Activities (889,257) (42,808) (932,065) Cash Flows from Non-Capital
Financing Activities:
Cash transfers out (7,917) (3,563) (11,480)
Short-term loans (paid to) received from other funds - 308,546 308,546 Intergovernmental revenue - 491,126 491,126
Net Cash Provided (Used) by
Non-Capital Financing Activities (7,917) 796,109 788,192 Cash Flows from Capital
and Related Financing Activities:
Acquisition and construction of capital assets (61, (150,599) 672) (212,271) Net Cash Used by
Capital and Related Financing Activities (150,599) (61,672) (212,271) Cash Flows from Investing Activities:
Interest earnings 3,216 1,108 4,324
Net Cash Provided (Used) by
Investing Activities 1,108 3,216 4,324
Net Increase in Cash
and Cash Equivalents (242,639) (109,181) (351,820)
Cash and Cash Equivalents at Beginning of Year 242,639 509,056 751,695 Cash and Cash Equivalents at End of Year $ - $ 399,875 $ 399,875 Reconciliation of Operating Income to Net Cash
Provided (Used) by Operating Activities:
Operating loss $ (1,023,047) $ 31,744 $ (991,303)
Adjustments to reconcile operating loss
net cash provided (used) by operating activities:
Depreciation 96,713 204,366 301,079
Changes in pension related items (65, (4,613) 696) (70,309) Changes in OPEB related items (95, 87,512 829) (8,317)
(Increase) decrease in accounts receivable - (2,964) (2,964) (Increase) decrease in prepaid expense 270 - 270
Increase (decrease) in accounts payable & accrued liabilities (150,511) (14,473) (164,984) Increase (decrease) in compensated absences 4,463 - 4,463 Total Adjustments 133,790 (74,552) 59,238
Net Cash Provided (Used) by
Operating Activities $ (889,257) $ (42,808) $ (932,065) Business-Type Activities - Enterprise Funds
Transit
Compressed
Natural Gas
116
CITY OF DINUBA
INTERNAL SERVICE FUNDS
Internal service funds are used to account for the financing of goods or services provided to departments or agencies of the government and to other government units, on a cost reimbursement basis.
INSURANCE FUND – This fund was set up to account for the cost of general liability, property damage, and employee related health insurance costs. The City is involved in a self-insurance program through a joint powers authority with other local municipalities. The source of funding for the City’s program is a charge to all operating departments through a budgeting of the estimated costs to be allocated.
PROPERTY AND EQUIPMENT SERVICE FUND – This fund was set up to account for the costs of maintenance and repairs for both buildings and equipment throughout the City. The source of this funding is a charge against the departments for services rendered.
TECHNOLOGY REPLACEMENT FUND - This fund was set up as a computer replacement program, implemented to account for the costs associated with computer, server and Information Technology replacements throughout the City. All costs are spread amongst the benefitting funds. 117
CITY OF DINUBA
COMBINING STATEMENT OF NET POSITION
INTERNAL SERVICE FUNDS
JUNE 30, 2021
Totals
Assets:
Current:
Cash and investments $ 1,999,543 $ 60,569 183 $ 2,060,295 Receivables:
Accounts 7,854 - - 7,854
Accrued interest 1,050 82 - 1,132
Prepaid costs 87,006 50 - 87,056
Restricted:
Cash with fiscal agent 71,561 - - 71,561
Total Current Assets 2,167,014 60,701 183 2,227,898
Noncurrent:
Capital assets - net of accumulated depreciation - 47,727 136,858 184,585 Total Noncurrent Assets - 47,727 136,858 184,585
Total Assets 2,167,014 108,428 137,041 2,412,483
Deferred Outflows of Resources:
Deferred pension related items 74,877 45,434 - 120,311
Deferred OPEB related items 49,847 59,010 - 108,857
Total Deferred Outflows of Resources 124,724 104,444 - 229,168 Liabilities:
Current:
Accounts payable 46,662 14,954 - 61,616
Accrued liabilities 3,227 5,302 - 8,529
Accrued compensated absences 2,491 8,582 - 11,073
Accrued claims and judgments 50,000 - - 50,000
Capital leases - - 31,288 31,288
Total Current Liabilities 102,380 28,838 31,288 162,506 Noncurrent:
Accrued compensated absences 19,994 13,614 - 33,608
Net pension liability 346,270 210,116 - 556,386
Total OPEB liability 393,514 465,852 - 859,366
Capital leases - - 76,726 76,726
Total Noncurrent Liabilities 759,778 689,582 76,726 1,526,086 Total Liabilities 862,158 718,420 108,014 1,688,592
Deferred Inflows of Resources:
Deferred pension related items 14,669 8,901 - 23,570
Deferred OPEB related items 55,720 65,963 - 121,683
Total Deferred Inflows of Resources 70,389 74,864 - 145,253 Net Position:
Net investment in capital assets 47,727 - 28,844 76,571 Unrestricted (628,139) 1,359,191 183 731,235
Total Net Position $ 1,359,191 $ (580,412) $ 29,027 $ 807,806 Governmental Activities - Internal Service Funds
Insurance
Fund
Property and
Equipment
Service Fund
Technology
Replacement
Fund
118
CITY OF DINUBA
COMBINING STATEMENT OF REVENUES, EXPENSES
AND CHANGES IN FUND NET POSITION
INTERNAL SERVICE FUNDS
YEAR ENDED JUNE 30, 2021
Totals
Operating Revenues:
Charges for services $ 5,233,510 $ 700,000 - $ 5,933,510 Total Operating Revenues 5,233,510 700,000 - 5,933,510
Operating Expenses:
Salaries and benefits 259,478 295,615 - 555,093
Contractual services 28,537 75,336 - 103,873
Materials and supplies 312 70,478 42,121 112,911
Insurance - 1,563,982 - 1,563,982
Employee health insurance - 2,307,754 - 2,307,754
Repairs and maintenance 186,212 - - 186,212
Utilities 7,393 - - 7,393
Allocated costs 27,174 - - 27,174
Depreciation expense 8,887 - 25,266 34,153
Total Operating Expenses 4,160,063 671,095 67,387 4,898,545 Operating Income (Loss) 1,073,447 28,905 (67,387) 1,034,965 Nonoperating Revenues (Expenses):
Interest revenue 365 4,926 - 5,291
Interest expense - - (5,626) (5,626)
Total Nonoperating
Revenues (Expenses) 4,926 365 (5,626) (335)
Income (Loss) Before Transfers 1,078,373 29,270 (73,013) 1,034,630 Transfers in - - 60,964 60,964
Transfers out (10,808) - - (10,808)
Changes in Net Position 1,078,373 18,462 (12,049) 1,084,786 Net Position:
Beginning of Year 280,818 (598,874) 41,076 (276,980)
End of Fiscal Year $ 1,359,191 $ (580,412) $ 29,027 $ 807,806 Governmental Activities - Internal Service Funds
Insurance
Fund
Property and
Equipment
Service Fund
Technology
Replacement
Fund
119
CITY OF DINUBA
COMBINING STATEMENT OF CASH FLOWS
INTERNAL SERVICE FUNDS
YEAR ENDED JUNE 30, 2021
Totals
Cash Flows from Operating Activities:
Cash received from interfund service provided $ 5,260,160 $ - 700,000 $ $ 5,960,160 Cash paid to suppliers for goods and services (4,023,409) (371,287) (58,577) (4,453,273) Cash paid to employees for services (202,751) - (278,195) (480,946) Net Cash Provided (Used) by Operating Activities 1,034,000 50,518 (58,577) 1,025,941 Cash Flows from Non-Capital
Financing Activities:
Cash transfers in - - 60,964 60,964
Cash transfers out - (10,808) - (10,808)
Net Cash Provided (Used) by
Non-Capital Financing Activities - (10,808) 60,964 50,156 Cash Flows from Capital
and Related Financing Activities:
Acquisition and construction of capital assets - (11,405) - (11,405) Principal paid on capital debt - - (32,694) (32,694)
Interest paid on capital debt - - (5,626) (5,626)
Net Cash Used by
Capital and Related Financing Activities - (11,405) (38,320) (49,725) Cash Flows from Investing Activities:
Interest earnings 5,809 435 - 6,244
Net Cash Provided (Used) by
Investing Activities 5,809 435 - 6,244
Net Increase (Decrease) in Cash
and Cash Equivalents 1,039,809 28,740 (35,933) 1,032,616 Cash and Cash Equivalents at Beginning of Year 1,031,295 31,829 36,116 1,099,240 Cash and Cash Equivalents at End of Year $ 2,071,104 $ 60,569 $ 183 $ 2,131,856 Reconciliation of Operating Income to Net Cash
Provided (Used) by Operating Activities:
Operating income (loss) $ 1,073,447 $ 28,905 $ (67,387) $ 1,034,965 Adjustments to reconcile operating income (loss)
net cash provided (used) by operating activities:
Depreciation - 8,887 25,266 34,153
Changes in pension related items 5,801 41,035 - 46,836
Changes in OPEB related items 19,030 16,074 - 35,104
(Increase) decrease in accounts receivable - 26,650 - 26,650 (Increase) decrease in prepaid expense 1,454 (76,187) 2,948 (71,785) Increase (decrease) in accounts payable & accrued liabilities (46,637) (6,148) (19,404) (72,189) Increase (decrease) in compensated absences (382) (7,411) - (7,793) Total Adjustments (39,447) 21,613 8,810 (9,024)
Net Cash Provided (Used) by
Operating Activities $ 1,034,000 $ 50,518 $ (58,577) $ 1,025,941 Governmental Activities - Internal Service Funds
Insurance
Fund
Property and
Equipment
Service Fund
Technology
Replacement
Fund
120
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121
CITY OF DINUBA
NET POSITION BY COMPONENT
LAST TEN FISCAL YEARS
(Accrual Basis of Accounting)
2012 2013 2014 2015 2016
Governmental Activities
Investment In Capital Assets $ 125, 125,564,573 $ 148,079,509 814,202 $ 145,008,916 $ 162,419,353 $ Restricted 33,514,558 33,633,364 41,313,341 34,836,273 33,955,040 Unrestricted 2,903,128 468,534 (6,418,737) (1,260,101) (9,391,284) Total Governmental Activities Net Position 161,982,259 159,916,100 182,974,113 178,585,088 186,983,109 Business-Type Activities
Investment In Capital Assets 45,077,861 49,997,905 47,545,851 47,536,365 46,474,326 Restricted
Unrestricted 5,348,820 5,179,596 6,046,622 2,514,439 4,986,126 Total Business-Type Activities Net Position 50,426,681 55,177,501 53,592,473 50,050,804 51,460,452 Primary Government
Investment In Capital Assets 170,642,434 175,812,107 195,625,360 192,545,281 208,893,679 Restricted 33,514,558 33,633,364 41,313,341 34,836,273 33,955,040 Unrestricted 8,251,948 5,648,130 (372,115) 1,254,338 (4,405,158) Total Primary Government Net Position $ 215, 212,408,940 $ 236,566,586 093,601 $ 228,635,892 $ 238,443,561 $ 2017 2018 2019 2020 2021
Governmental Activities
Investment In Capital Assets $ 175, 162,951,223 $ 157,295,209 427,868 $ 156,273,132 $ 169,862,756 $ Restricted 33,547,768 40,668,235 41,721,018 35,598,022 36,825,231 Unrestricted (6,391,796) (27,286,468) (26,278,675) (25,246,317) (21,122,261) Total Governmental Activities Net Position 190,107,195 188,809,635 172,737,552 166,624,837 185,565,726 Business-Type Activities
Investment In Capital Assets 46,126,105 52,249,502 53,298,542 50,287,699 50,501,822 Restricted
Unrestricted 4,641,804 1,298,646 5,352,135 4,161,148 8,674,254 Total Business-Type Activities Net Position 50,767,909 53,548,148 58,650,677 54,448,847 59,176,076 Primary Government
Investment In Capital Assets 209,077,328 227,677,370 210,593,751 206,560,831 220,364,578 Restricted 33,547,768 40,668,235 41,721,018 35,598,022 36,825,231 Unrestricted (1,749,992) (25,987,822) (20,926,540) (21,085,169) (12,448,007) Total Primary Government Net Position $ 242, 240,875,104 $ 231,388,229 357,783 $ 221,073,684 $ 244,741,802 $ Source: City of Dinuba Financial Services Division
(50,000,000)
0 50,000,000
100,000,000
150,000,000
200,000,000
250,000,000
300,000,000
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Investment In Capital Assets Restricted Unrestricted
122
CITY OF DINUBA
CHANGES IN NET POSITION
LAST TEN FISCAL YEARS
(Accrual Basis of Accounting)
2012 2013 2014 2015 2016
Expenses
Governmental Activities
General Government $ 3,439,679 $ 4,339,158 $ 4,703,501 $ 5,345,434 $ 4,802,762 Public Safety 8,167,990 8,990,013 9,591,236 13,275,052 13,746,235 Public Works 1,826,602 2,197,625 2,761,922 3,334,975 3,943,500 Community Development 1,007,987 636,986 548,112 1,641,605 1,178,906 Parks and Recreation 1,796,570 1,136,847 1,224,454 1,682,401 1,824,431 Interest on Long-Term Debt 1,720,593 1,020,371 1,521,663 1,204,781 1,278,342 Unallocated Depreciation 953,544 823,524 1,018,182 2,635,342 3,029,796 Total Governmental Activities Expenses 18,912,965 19,144,524 21,369,070 29,119,590 29,803,972 Business-Type Activities
Water 2,159,494 2,963,788 2,970,062 2,931,923 3,204,634 Sewer 2,427,747 2,459,666 2,914,729 3,182,025 3,247,602 Disposal 2,109,008 2,922,065 3,320,744 3,336,842 3,239,137 Ambulance 1,150,496 1,450,622 1,386,124 1,377,304 1,368,670 Transit 639,059 699,102 875,313 1,044,207 1,243,710
Golf Course 3,244,707 3,250,394 3,422,866 3,335,866 3,560,260 Compressed Natural Gas 120,212 137,950 174,521 165,208 159,572 Engineering 506,333 662,791 658,837 738,550
Total Business-Type Activities Expenses 11,850,723 14,389,920 15,727,150 16,032,212 16,762,135 Total Primary Government Net Expenses $ 33, 30,763,688 $ 37, 534,444 $ 45,151,802 096,220 $ 46,566,107 $ Program Revenues
Governmental Activities
Charges for Services
General Government $ 4,688 52,073 $ 1,509,801 $ 3,055,054 $ 5,470,676 $ Public Safety 519,454 423,329 898,323 276,308 274,181
Public Works 2,320,459 2,313,306 3,226,541 3,824,832 1,808,508 Community Development 11,941 38,410 70,343 120,322 22,282 Parks and Recreation 184,657 146,557 183,922 162,281 174,473 Operating Contributions and Grants 3,279,460 4,462,789 6,248,747 3,274,094 3,375,630 Capital Contributions and Grants 2,436,154 5,669,203 25,473,768 10,114,120 12,075,630 Total Governmental Activities Program Revenues 8,830,667 13,031,813 36,967,789 21,470,667 23,201,380 Business-Type Activities
Charges for Services
Water 2,647,422 2,847,344 2,763,415 2,604,665 2,510,596 Sewer 2,610,812 2,574,505 2,719,638 2,751,349 2,838,956 Disposal 2,980,135 3,324,925 3,080,017 3,081,958 3,175,398 Ambulance 1,078,428 1,281,703 1,288,620 1,271,302 1,332,373 Transit 44,959 46,089 53,507 61,929 85,333
Golf Course 2,239,576 2,255,964 2,343,736 2,346,921 2,441,531 Compressed Natural Gas 188,775 217,120 262,922 214,162 284,800 Engineering 486,415 493,851 591,278 710,226
Operating Contributions and Grants 627,400 868,397 1,705,461 885,831 3,178,252 Capital Contributions and Grants 1,188,785 969,433 449,819 715,188 1,165,634 Total Business-Type Activities Program Revenues 15, 13,388,070 14, 090,117 15,030,177 655,392 17,723,099 Total Primary Government Program Revenues $ 28, 22,218,737 $ 51, 121,930 $ 36,500,844 623,181 $ 40,924,479 $ Source: City of Dinuba Financial Services Division
Fiscal Year
123
2017 2018 2019 2020 2021
$ 3, 7,661,240 $ 3,647,223 989,322 $ 4, $ 7, 464,243 $ 635,027 13,897,596 12,920,443 12,503,075 12,801,801 12,899,424
3,752,225 6,577,677 2,429,367 5,116,719 3,009,339
637,522 2,350,919 2,277,992 2,427,047 2,576,069
2,007,951 2,127,602 2,527,531 2,705,703 2,858,033
1,604,463 978,293 1,008,877 1,001,611 935,126
3,011,661 - - - -
32,572,658 28,944,256 24,394,065 28,517,124 29,913,018
2,977,849 2,965,352 2,985,641 3,563,885 3,460,883
3,156,499 4,553,169 3,048,253 3,255,224 1,803,845
3,206,889 3,430,622 3,102,875 3,129,253 3,013,999
1,523,498 2,760,551 2,798,210 2,647,280 1,562,676
1,137,529 1,147,311 1,123,030 1,088,585 1,280,248
3,491,319 3,131,513 2,298,467 4,097,713 2,839,155
140,572 181,928 306,316 318,069 304,582
- - - - -
15,634,155 18,170,446 15,662,792 18,100,009 14,265,388
$ 48,206,813 $ 47,114,702 $ 40,056,857 $ 46,617,133 $ 44,178,406 $ 8,259,877 $ 1,500,372 $ 1,602,391 $ 1,231,142 $ 1,263,713 30,863 549,566 500,114 837,538 516,452
1,530,664 1,977,090 2,132,137 2,675,164 1,728,740
- 115,498 60,995 65,077 -
38,475 352,536 336,771 560,971 238,428
5,263,630 2,168,438 2,292,863 1,076,942 7,124,303
3,011,810 19,289,803 5,687,693 3,613,910 2,237,038
18,135,319 25,953,303 12,612,964 10,060,744 13,108,674
2,648,278 2,962,303 3,005,484 3,195,777 3,240,648
2,947,782 3,368,250 3,566,985 3,591,874 3,816,657
3,088,068 3,105,381 3,167,180 3,173,221 3,202,112
1,396,312 1,487,640 1,200,884 1,573,951 2,302,744
120,565 103,623 89,775 67,142 19,241
2,223,355 2,072,902 2,104,304 1,812,421 2,397,750
199,896 210,677 209,972 215,107 174,801
- - - - -
2,496,256 3,889,532 3,295,905 4,947,792 5,088,783
- - - - -
15,120,512 17,200,308 16,640,489 18,577,285 20,242,736
$ 33,255,831 $ 43,153,611 $ 29,253,453 $ 28,638,029 $ 33,351,410 Fiscal Year
124
CITY OF DINUBA
CHANGES IN NET POSITION
LAST TEN FISCAL YEARS
(Accrual Basis of Accounting)
2012 2013 2014 2015 2016
Net (Expense)/Revenue
Governmental Activities $ (6,112,711) (10,082,298) $ 15, $ (7,648,923) 598,719 $ (6,602,592) $ Business-Type Activities 1,537,347 700,197 (1,071,758) (1,002,035) 960,964 Total Primary Government Net Expense $ (5,412,514) (8,544,951) $ 14, $ (8,650,958) 526,961 $ (5,641,628) $ General Revenues and Other Changes in Net Position
Governmental Activities
Taxes
Property Taxes $ 645,437 3,461,506 $ $ 846,306 742,122 $ 1,260,845 $ Transient Occupancy Taxes 171,817 133,920 226,817 184,211 248,579 Sales Taxes 3, 9,843,519 677,282 3,700,400 5,461,810 9,729,414 Franchise Taxes 226,904 230,613 256,883 243,956 252,761 Business Licenses Taxes
Utility Users Tax 1, 1,600,423 622,049 1,612,836 1,630,654 1,683,265 Other Taxes 240,387 870,086 292,650 249,602 487,363
Motor Vehicle Tax 1, 1,565,696 553,701 1,571,490 1,633,128 1,754,885 Use of Money and Property 287,977 288,456 113,494 262,191 262,770 Other/Contributions 1, 946,090 552,988 18,522 109,931 552,748 Gain (Loss) on Sale of Capital Assets 400,323 (2,019,092) 261,425 266,189 - Transfers (4,065,884) 703,133 391,944 195,877 (269,724) Total Governmental Activities 6, 17,624,350 312,981 9,047,396 11,225,042 15,962,906 Business-Type Activities
Use of Money and Property - 19,536 37,243 18,524 37,175 Other/Contributions 45,845 (338,718) 92,839 - -
Special Item (Note 18) - - - - -
Transfers 4, (703,133) 065,884 (195,877) (391,944) 269,724 Total Business-Type Activities 4, (1,022,315) 111,729 (65,795) (373,420) 306,899 Extraordinary Item - Litigation Settlement 145,910 - - 104,921 - Extraordinary Item - RDA Dissolution - 51,196,332 - - - Total Primary Government $ 10,570,620 67,798,367 $ 9,086,522 $ 10,851,622 $ 16,269,805 $ Change in Net Position
Governmental Activities $ 346,180 58,738,384 $ 24, $ 3,576,119 751,036 $ 9,360,314 $ Business-Type Activities 515,032 4,811,926 (1,137,553) (1,375,455) 1,267,863 Total Primary Government $ 5, 59,253,416 $ 158,106 $ 23,613,483 $ 2,200,664 $ 10,628,177 Source: City of Dinuba Financial Services Division
125
2017 2018 2019 2020 2021
$ (2, (14,437,339) $ (11,781, 990,953) $ (18,456,380) 101) $ (16,804,344) $ (513,643) (970,138) 977,697 477,276 5,977,348
$ (14,950,982) $ (3,961,091) $ (10,803,404) $ (17,979,104) $ (10,826,996) $ 1,149,426 $ 1,166,971 $ 1,301,585 $ 1,377,047 $ 1,517,322 281,005 291,190 289,263 244,052 266,474
9,080,769 9,926,107 10,777,734 14,059,028 19,276,913
216,407 234,815 245,102 258,084 279,774
233,387 237,357 259,787 254,098
1,482,077 1,491,791 1,475,873 1,534,979 1,668,455
273,161 478,877 504,884 495,334 609,054
1,847,746 1,841,147 1,943,492 2,033,375 2,151,555
201,154 454,092 695,301 724,898 662,583
539,928 698,424 345,361 280,254 8,106,557
- - - - -
988,600 816,888 354,520 2,865,489 873,612
16,060,273 17,633,689 18,170,472 12,723,029 35,666,397
50,643 59,094 137,539 205,916 572,378
- 6,585,197 4,054,738 58,101 141,246
- - - (1,350,000) -
(988,600) (816,888) (354,520) (2,865,489) (873,612)
(937,957) 5,827,403 3,837,757 (3,951,472) (159,988)
- - - - -
- - - - -
$ 15,122,316 $ 23,461,092 $ 22,008,229 $ 8,771,557 $ 35,506,409 $ 1,622,934 $ 14,642,736 $ 6,389,371 $ (5,733,351) $ 18,862,053 (1,451,600) 4,857,265 4,815,454 (3,474,196) 5,817,360
$ 171,334 $ 19,500,001 $ 11,204,825 $ (9,207,547) $ 24,679,413 126
CITY OF DINUBA
FUND BALANCES OF GOVERNMENTAL FUNDS
LAST TEN FISCAL YEARS
(Modified Accrual Basis of Accounting)
2012 2013 2014 2015 2016
General Fund
Nonspendable $ 2 3,005,321 $ 2 ,742,077 $ ,736,489 $ 2,699,439 $ 3,082,112 Unassigned 1,587,709 1,217,109 1,894,697 2,255,325 1,219,528 Total General Fund $ 3 4,593,030 $ 4 ,959,186 $ ,631,186 $ 4,954,764 $ 4,301,640 All Other Governmental Funds
Nonspendable Funds $ 21,170 5,792,649 $ $ 8 572,060 $ ,957,449 $ 10,334,283 Restricted Funds 6,840,553 16,917,455 24,668,685 10,838,675 7,636,453 Assigned Funds 4,478,409 147,627 184,506 103,142 55,075 Unassigned Funds (484,580) (312,176) (1,215,832) (618,061) (695,780) Total All Other Governmental Funds ( $ 16,627,031 $ 16,774,076 $ 24,209,419 $ 19,281,205 $ 17,330,031 Total Governmental Funds $ 21,220,061 $ 20,733,262 $ 28,840,605 $ 24,235,969 $ 21,631,671 2017 2018 2019 2020 2021
General Fund
Nonspendable $ 3 3,436,060 $ 4 ,846,794 $ ,257,720 $ 1,724,529 $ 1,525,245 Unassigned 1,113,239 1,533,739 3,369,500 7,101,966 15,677,417 Total General Fund $ 5 4,549,299 $ 7 ,380,533 $ ,627,220 $ 8,826,495 $ 17,202,662 All Other Governmental Funds
Nonspendable Funds $ 1,298 5,045,407 $ 7,450 $ 2,720 $ $ 9,835 Restricted Funds 13,091,326 41,721,018 40,668,235 35,598,022 36,825,231 Assigned Funds - 64,462 - - -
Unassigned Funds (453,629) (451,012) (242,862) (139,889) (146,255) Total All Other Governmental Funds ( $ 17,750,183 $ 40,215,904 $ 41,485,606 $ 35,460,853 $ 36,688,811 Total Governmental Funds $ 22,299,482 $ 45,596,437 $ 49,112,826 $ 44,287,348 $ 53,891,473 (a) The change in total fund balance for the General Fund and other governmental funds is explained in Management's Discussion and Analysis.
127
CITY OF DINUBA
CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS
LAST TEN FISCAL YEARS
(Modified Accrual Basis of Accounting)
2012 2013 2014 2015 2016
Revenues
Taxes and Assessments $ 10,054,422 15,763,647 $ 10,127,924 $ 14, $ 673,041 $ 15,417,110 Licenses and Permits 533,126 490,803 388,248 825,421 410,496 Assessments - - - - -
Intergovernmental 8,840,363 6,873,909 13,389,637 10, 254,854 9,817,361 Charges for Services 1,842,951 2,297,156 2, 611,700 2,629,858 1,386,822 Use of Money and Property 105,029 615,073 372,987 116,046 265,203 Fines and Forfeitures 118,693 393,113 83,015 83,345 96,196 Reimbursements 1,993,316 1,983,721 1, 866,721 773,948 2,560,957 Miscellaneous 183,644 280,827 193,101 26,586 46,056
Total Revenues 23,671,544 28,698,249 29,033,333 29, 383,099 30,000,201 Expenditures
Current
General Government 3,567,574 3,198,893 3, 062,629 3,221,524 3,504,184 Public Safety 8,512,170 7,622,470 9, 155,928 9,573,198 10,454,857 Public Works 2 2,108,997 2,305,236 2, 497,426 2,361,778 2,880,100 Community development 3,077,272 1,254,396 1, 813,416 1,205,315 813,013 Parks and Recreation 1 1,108,050 1,595,747 1, 140,903 1,235,269 1,458,541 Capital Outlay 5,070,355 5,230,041 12,419,958 14, 428,933 11,512,821 Debt Service
Principal Retirement 1,814,520 2,209,513 991,156 1,001,685 980,865 Interest and Fiscal Charges 816,403 1,967,183 1, 010,139 1,177,009 1,216,247 Debt Issuance Costs 106,924 331,022 - -
Total Expenditures 26,406,363 25,383,479 32,198,479 34, 32,820,628 204,711 Excess of Revenues Over (Under) Expenditures (2,734,819) 3,314,770 (3, 165,146) (4,821,612) (2,820,427) Other Financing Sources (Uses)
Proceeds from Issuance of debt - - - - 1,300,000
Transfers In 2,330,637 7,319,087 6, 091,537 10,198,943 3,115,598 Transfers Out (6,500,021) (8,270,637) (5, (10,506,999) 549,298) (3,385,322) Sales of Property 500,687 291,150 402,248 368,524 148,146 Capital Leases - - - - -
Special Item - - - - -
Issuance of Long Term Debt 12,770,000 - 8, - 982,000 -
Original issuance discount (314, - - 360) - -
Payment to Refunded Bond Escrow Agent (6,684,833) - - - - Total Other Financing Sources (Uses) 2,102,110 (660,400) 9, 926,487 60,468 1,178,422 Net Change in Fund Balances before Extraordinary Item (632, 2,654,370 6, 709) (4,761,144) 761,341 (1,642,005) Extraordinary Item - Litigation Settlement 145,910 - - - - Net Change In Fund Balances $ (486, 2,654,370 $ 6, 799) $ (4,761,144) 761,341 $ (1,642,005) $ Debt Service as a percentage of non-capital expenditures 21.5% 13.5% 10.1% 11.0% 11.5% Source: City of Dinuba Financial Services Division
128
2017 2018 2019 2020 2021
$ 13, 17,699,777 $ 14,831,798 823,138 $ 18,228,311 $ 23,872,090 $ - 269,630 - - -
1,553,351 - 1, 1,168,344 567,928 1, 200,122
3,885,183 5,099,899 6,329,384 6,724,227 11,512,896
1,275,159 2,818,004 2,909,545 3,610,155 2,277,342
205,154 454,092 695,301 971,096 638,369
113,012 235,466 178,240 517,712 251,220
2,205,415 - - - -
157,286 326,652 345,486 345,331 294,962
25,810,616 24,310,602 26,857,682 31,565,176 40,047,001
6,363,752 3,824,662 2,565,387 2,737,350 2,878,155
10,820,834 10,786,365 10,465,411 10,827,257 11,123,053
2,299,448 6,072,381 1,758,071 2,211,741 2,188,240
270,174 1,911,234 1,614,439 1,665,387 1,404,584
1,640,604 1,780,297 1,840,142 1,838,979 1,814,007
2,811,519 739,058 3,656,178 4,394,413 9,894,559
7,131,417 1,156,606 1,208,551 1,293,760 1,376,732
1,762,202 1,020,930 989,520 957,349 912,442
- - - - -
33,099,950 27,291,533 24,097,699 25,926,236 31,591,772
(7,289,334) (2,980,931) 2,759,983 5,638,940 8,455,229
6,764,759 437,479 36,863 373,064 -
5,091,147 2,907,190 2,610,730 4,339,191 4,622,039
(4,094,047) (2,081,721) (2,248,067) (3,473,677) (3,798,583) - - - - 49,128
- - 197,363 85,667 197,476
- - (11, - 409,298) -
- - - - -
- - - - -
- - - - -
7,761,859 1,262,948 596,889 (10,085,053) 1,070,060
472,525 (1,717,983) 3,356,872 (4,446,113) 9,525,289
- - - - -
$ 472,525 $ (1,717,983) $ 3,356,872 $ (4,446,113) $ 9,525,289
29.0% 8.3% 10.8% 9.5% 9.8%
129
Total
Charges Operating Capital Total Total GovernmentFor Grants And Grants And Program General Wide Fiscal Year Services Contributions Contributions Revenues Revenues Revenues 2012 $ 3 3,115,053 $ 2 ,279,460 $ 8 ,436,154 $ ,830,667 $ 18,940,309 $ 27,770,976 2013 4, 2,899,821 5, 462,789 669,203 9,978,542 13,031,813 23,010,355 2014 6, 5,245,274 248,747 25,473,768 8,585,330 36,967,789 45,553,119 2015 3, 8,082,453 274,094 10,114,120 11,225,042 21,470,667 32,695,709 2016 3, 7,750,120 375,630 12,075,630 16,232,630 23,201,380 39,434,010 2017 5, 9,859,879 3, 263,630 011,810 15,071,673 18,135,319 33,206,992 2018 2, 4,495,062 168,438 19,289,803 16,816,801 25,953,303 42,770,104 2019 2, 4,632,408 5, 292,863 687,693 17,815,952 12,612,964 30,428,916 2020 1, 5,369,892 3, 076,942 613,910 21,266,838 10,060,744 31,327,582 2021 7, 3,747,333 2, 124,303 237,038 34,792,785 13,108,674 47,901,459 All Use Of Total
Property Sales Utility Users Other Money And General
Fiscal Year Taxes Taxes Taxes Taxes Property Revenues
2011 $ 5 5,078,633 $ 1 ,803,277 $ 2 ,560,074 $ 360,997 ,972,620 $ $ 15,775,601 2012 9, 3,461,506 1, 843,519 3 600,423 288,456 ,746,405 18,940,309 2013 3, 645,437 1, 677,282 3 622,049 287,977 ,745,797 9,978,542 2014 3, 742,122 1, 700,400 2 612,836 262,191 ,267,781 8,585,330 2015 5, 846,306 1, 461,810 2 630,654 766,863 ,519,409 11,225,042 2016 9, 1,260,845 1, 729,414 3 683,265 262,770 ,296,336 16,232,630 2017 9, 1,149,426 1, 080,769 3 482,077 201,154 ,158,247 15,071,673 2018 9, 1,166,971 1, 926,107 3 491,791 454,092 ,777,840 16,816,801 2019 1,301,585 1, 10,777,734 3 475,873 695,301 ,565,459 17,815,952 2020 1,377,047 1, 14,059,028 3 534,979 724,898 ,570,886 21,266,838 2021 1,517,322 1, 19,276,913 668,455 662,583 11,667,512 34,792,785 Source: City of Dinuba Financial Services Division
PROGRAM REVENUES
CITY OF DINUBA
GOVERNMENT-WIDE REVENUES
LAST TEN FISCAL YEARS
GENERAL REVENUES
130
Taxes Licenses Charges Use Of Fines
And And For Money And And
Fiscal Year Assessments Permits Intergovernmental Services Property Forfeitures 2012 $ 15,763,647 $ 490,803 $ 6,873,909 $ 2,297,156 $ 615,073 $ 393,113 2013 10,054,422 533,126 8,840,363 1,842,951 105,029 118,693 2014 10,127,924 388,248 13,389,637 2,611,700 372,987 165,482 2015 14,673,041 825,421 10,254,854 2,629,858 116,046 83,345 2016 15,417,110 410,496 9,817,361 1,386,822 265,203 96,196 2017 17,699,777 269,630 3,885,183 1,275,159 205,154 113,012 2018 13,823,138 - 5,099,899 2,818,004 454,092 235,466
2019 14,831,798 - 6,329,384 2,909,545 695,301 178,240
2020 18,228,311 - 6,724,227 3,610,155 971,096 517,712
2021 23,872,090 - 11,512,896 2,277,342 638,369 251,220
Total
General
Government
Fiscal Year Reimbursements Miscellaneous Assessments Revenues 2012 $ 1,983,721 $ 280,827 $ - $ 28,698,249
2013 1,993,316 183,644 - 23,671,544
2014 1,866,721 193,101 - 29,115,800
2015 773,948 26,586 - 29,383,099
2016 2,560,957 46,056 - 30,000,201
2017 2,205,415 157,286 - 25,810,616
2018 - 326,652 1,553,351 24,310,602
2019 - 345,486 1,567,928 26,857,682
2020 - 345,331 1,168,344 31,565,176
2021 - 294,962 1,200,122 40,047,001
Source: City of Dinuba Financial Services Division
CITY OF DINUBA
GENERAL GOVERNMENT REVENUES BY SOURCE 1
LAST TEN FISCAL YEARS
131
Year County Portion of
Ended Assessed Tax Rate Assessed
June 30 Value 2 Per $100 Value Tax Rate 3 Tax Levy
2012 $ 921,046,459 1.1160 $ 376,464,415 0.174% $ 655,249 2013 933,234,251 1.1110 383,803,558 0.168% 645,437
2014 976,358,668 1.1110 406,708,703 0.182% 742,122
2015 985,816,882 1.2246 424,657,013 0.194% 823,237
2016 1,060,846,254 1.1285 431,998,964 0.287% 1,238,278
2017 1,116,863,014 1.1459 444,394,065 0.259% 1,149,426
2018 1,104,970,655 1.6906 457,636,600 0.255% 1,166,972
2019 1,167,672,497 1.1450 473,212,129 0.275% 1,301,585
2020 1,217,137,041 1.8701 491,911,581 0.280% 1,377,047
2021 1,289,180,103 1.0813 535,203,627 0.284% 1,517,322
1 Estimated Actual Value of Taxable Property is not available since passage of Proposition 13 in 1978.
Property assessed values may rise only to a maximum of 2% per year unless there is new construction or when the property is sold. Consequently, estimated values are not available. 2 Pursuant to chapter 1207 of the statutes of 1978, "Assessed Value" means 100% of full taxable value. 3 The City's total direct tax rate varies by tax rate area. The rate shown is the combined rate for the entire city and may not match the rate shown on the "Direct and Overlapping Property Tax Rates" schedule.
Source: Tulare County Auditor's Office
Source: California Municipal Statistics, Inc.
CITY OF DINUBA
PROPERTY AD VALOREM TAX ASSESSED VALUES 1
LAST TEN FISCAL YEARS
City
$-
$200
$400
$600
$800
$1,000
$1,200
$1,400
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Millions
Series2
132
Percent Of Percent Of
Total Total
Assessed Assessed Assessed Assessed
Taxpayer Type Of Business Valuation Valuation Rank Valuation Valuation Rank Ruiz Foods Products Inc. Frozen Food $ 67,485,575 5.54% 1 $ 58,571,952 6.31% 2 Best Buy Stores, Inc. Distribution Center 42,803,700 3.52% 2 64,356,206 6.93% 1 Best Buy Warehouse Logistic Distribution Center 23,231,720 1.91% 3 16,554,619 1.78% 4 Wal-mart Store Inc Retail Store 19,393,900 1.59% 4 14,526,860 1.56% 5 Patterson Dental Supply Wholesaler 15,353,430 1.26% 5
Dinuba Properties Apartment Complex 10,848,588 0.89% 6
Boscacci Group Real Estate Investment 7,745,373 0.64% 7 6,611,643 9 Aung San LLC Holiday Inn 6,650,098 0.55% 8
College Operations LLC Real Estate Investment 5,377,250 0.44% 9 Red Rock Plaza Center LLC Real Estate Investment 5,250,000 0.43% 10 7,040,150 0.76% 7 Odwalla, Inc. Fruit Juices 43,374,060 4.67% 3
Dinuba - Veto LLC Real Estate Investment 0.91% 8,457,067 6 PEPSU Inc 6,989,841 0.75% 8
West Star Construction 0.67% 6,226,175 10
$ 16.77% 232,708,573 204,139,634 $ 24.34%
Source: Tulare County Auditor's Office
Fiscal Year 2021 Fiscal Year 2012
CITY OF DINUBA
PRINCIPAL PROPERTY TAXPAYERS
AS OF JUNE 30, 2021 AND 2012
133
CITY OF DINUBA
DIRECT AND OVERLAPPING PROPERTY TAX RATES
(Rate per $100 of Assessed Value)
LAST FIVE FISCAL YEARS
2017 2018 2019 2020 2021
City Direct Rates:
City basic rate $ 0.191 0.191 $ 0.189 $ 0.189 $ $ 0.188 Total City Direct Rate 0.191 0.191 0.189 0.189 0.188
Overlapping Rates:
Tulare County 0.177 0.177 0.176 0.176 0.176
Library 0.015 0.153 0.015 0.015 0.015
Dinuba School District 0.273 0.273 0.272 0.273 0.273
Community College District 0.046 0.456 0.046 0.456 0.046 Tuluare County Schools 0.024 0.024 0.024 0.240 0.024
Alta Cemetery 0.008 0.008 0.008 0.008 0.008
Alta Hospital District 0.018 0.018 0.018 0.018 0.018
Delta Vector Control 0.014 0.014 0.014 0.136 0.014
Dinuba Memorial District 0.005 0.005 0.005 0.005 0.005
Tulare County Air Pollution District 0.000 0.000 0.000 0.000 0.003 Tulare County Flood District 0.002 0.002 0.002 0.002 0.002 Education Revenue Augmentation 0.227 0.226 0.230 0.230 0.231 Dinuba School District Bonds 0.120 0.120 0.120 0.095 0.060 Community College Bonds 0.026 0.023 0.026 0.026 0.018
Total Direct Rate1 $ 1.691 1.146 $ 1.145 $ 1.870 $ 1.081 $ NOTE: In 1978, California voters passed Proposition 13, which sets the property tax rate at a 1.000% fixed amount.
This 1.000% is shared by all taxing agencies for which the subject property resides within. In addition to the fixed amount, property owners are charged taxes as a percentage of assessed property values for the payment of bonded debt service on the voter-approved School District and Community College bonds. 1 The City's total direct tax rate varies by tax rate area. The rate provided comes from tax rate area 001-005 and is representative of other tax rate areas within the City.
Source: Tulare County Assessor's Office
134
Year Current Percent of
Ended Total Tax Levy
June 30 Tax Levy Collections Collected 1
2012 $ 3,311,306 $ 3,231,844 97.60
2013 2 665,948 96.92 645,437
2014 759,282 742,122 97.74
2015 844,692 823,237 97.46
2016 1,267,299 1,238,278 97.71
2017 1,178,415 1,149,426 97.54
2018 1,192,370 1,166,972 97.87
2019 1,329,640 1,301,585 97.89
2020 1,408,743 1,377,047 97.75
2021 1,545,764 1,517,322 98.16
2 Previously, redevelopment tax increment was shown in this table. With the dissolution of of redevelopment, only the City's property is being shown.
Source: Tulare County Auditor's Office
CITY OF DINUBA
PROPERTY TAX LEVIES AND COLLECTIONS
LAST TEN FISCAL YEARS
$-
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
$3,500,000
2012 2013 2 2014 2015 2016 2017 2018 2019 2020 2021
Tax Levy Tax Collections
135
CITY OF DINUBA
RATIOS OF OUTSTANDING DEBT BY TYPE
LAST TEN FISCAL YEARS
General
Bonded Total
Fiscal Debt Capital Contracts Notes Premiums Governmental Year Outstanding Leases Payable Payable Discounts Activities 2012² $ 932,596 11,291,970 $ 190,471 $ 1,247,879 $ - $ 13, $ 662,916 2013 701,861 19,595,000 146,016 23,549 (306,247) 20,160,179 2014 9,442,497 18,895,000 99,516 20,257 (318,416) 28,138,854 2015 9,012,913 18,265,000 50,877 16,734 (281,909) 27,063,615 2016 10,085,195 17,590,000 - 12,965 (269,740) 27,418,420 2017 9,897,810 17,230,000 - 8,932 (78,724) 27,058,018
2018 10,000,236 16,425,000 - 4,616 (75,032) 26,354,820
2019 9,778,664 15,640,000 - - (71,340) 25,347,324
2020 9,518,983 14,810,000 - - (67,648) 24,261,335
2021 9,155,785 13,960,000 - - (63,956) 23,051,829
Certificates Total
Fiscal Of Notes Capital Contracts Premiums Business-Type Year Participation Payable Leases Payable Discounts Activities 2012 $ 7,580,353 3,005,000 $ - $ 611,334 $ - $ $ 11,196,687 2013 7,108,030 11,030,000 292,146 534,813 - 18,964,989
2014 6,736,215 18,895,000 222,586 454,773 - 26,308,574
2015 7,194,326 10,540,000 150,758 373,930 - 18,259,014
2016 6,602,194 10,315,000 76,588 292,286 - 17,286,068
2017 5,994,444 10,085,000 - 209,814 45,809 16,335,067
2018 5,365,859 9,845,000 185,699 126,516 43,659 15,566,733 2019 4,721,122 9,605,000 344,996 42,382 41,509 14,755,009 2020 4,284,949 9,045,000 415,111 - 39,359 13,784,419
2021 3,836,983 8,518,000 716,805 - 37,209 13,108,997
Fiscal Primary Per
Year Government Capita 1
2012 $ 1,099 24,859,603 $
2013 1,695 39,125,168
2014 2,302 54,447,428
2015 1,891 45,322,629
2016 1,813 44,704,488
2017 1,745 43,393,085
2018 1,685 41,921,553
2019 1,583 40,102,333
2020 1,464 38,045,754
2021 1,364 36,160,826
Note: Details regarding the City's outstanding debt can be found in the Notes to the Financial Statements. 1
See the table of Population and Unemployment Rate later in this section for personal income and population data. Personal income data is not available. 2 As of February 1, 2012, obligations of the former Redevelopment Agency were transferred to the Successor Agency resulting in a decrease in Government Bonds outstanding Tax Allocation Bonds, notes and loans, and other revenue bonds of the former Agency will be paid as enforceable obligations of the Successor Agency.
Source: City of Dinuba Financial Services Division
Governmental Activities
Business-Type Activities
136
Less: Amounts Total
Available General Percentage
Lease in Debt Bonded of Assessed
Revenue Service Debt Value of Per
Fiscal Year Bonds Funds Outstanding Property 1 Capita
2012 2 $ 2,163,030 13,455,000 $ 11,291,970 $ 1.2% 499 $ 2013 13,160,000 1,907,038 11,252,962 1.2% 488
2014 18,895,000 739 18,894,261 1.9% 799
2015 18,265,000 2,952 18,262,048 1.9% 762
2016 17,590,000 1,260,186 16,329,814 1.5% 662
2017 17,230,000 1,256,567 15,973,433 1.4% 643
2018 16,425,000 1,257,257 15,167,743 1.4% 610
2019 15,640,000 1,256,850 14,383,150 1.2% 568
2020 14,810,000 1,389,617 13,420,383 1.1% 516
2021 13,960,000 1,253,950 12,706,050 1.0% 479
1 Estimated Actual Value of Taxable Property is not available since passage of Proposition 13 in 1978.
Property assessed values may rise only to a maximum of 2% per year unless there is new construction or when the property is sold. Consequently, estimated values are not available. 2 As of February 1, 2012, obligations of the former Redevelopment Agency were transferred to the Successor Agency resulting in a decrease in Government Bonds outstanding Tax Allocation Bonds, notes and loans, and other revenue bonds of the former Agency will be paid as enforceable obligations of the Successor Agency.
Source: City of Dinuba Financial Services Division
CITY OF DINUBA
RATIOS OF GENERAL BONDED DEBT OUTSTANDING
LAST TEN FISCAL YEARS
137
2020 - 2021 Assessed Valuation: $ 1,289,180,103
City Adjusted Assessed Valuation $ 1,289,180,103
ESTIMATED
OUTSTANDING SHARE OF
DEBT OUTSTANDING
6/30/2021 % APPLICABLE 1 DEBT
OVERLAPPING TAX AND ASSESSMENT DEBT
State Center Community College District $ 1.351% 343,015,000 $ 4,634,133 Dinuba Joint Unified School District 17,326,634 68.431% 11,856,789 Kings Canyon Joint Unified School District 76,974,916 0.882% 678,919 TOTAL OVERLAPPING TAX AND ASSESSMENT DEBT 437,316,550 17,169,840 DIRECT AND OVERLAPPING GENERAL FUND DEBT:
Tulare County General Fund Obligations 29,800,000 3.343% 996,214 Tulare County Pension Obligation Bonds 222,800,000 3.343% 7,448,204 Tulare County Board of Education Certificates of Participation 36,800,000 3.343% 1,230,224 Dinuba Joint Unified School District Certificates of Participation 9,395,000 68.431% 6,429,092 City of Dinuba General Fund Obligations 23,051,829 100.000% 23,051,829 TOTAL OVERLAPPING GENERAL FUND OBLIGATION DEBT $ 321,846,829 39,155,563 OVERLAPPING TAX INCREMENT DEBT (Successor Agency): $ 42,510,000 100.0000% 42,510,000 TOTAL DIRECT DEBT 23,051,829
TOTAL OVERLAPPING DEBT 75,783,575
COMBINED TOTAL DEBT $ 98,835,404 2
Debt Ratios:
Ratios to 2020-21 Adjusted Valuation:
Total Overlapping Tax and Assessment Debt 1.33%
Total Direct Debt ($22,884,902) 1.78%
Combined Total Debt 7.65%
Ratios to Redevelopment Increment Valuation ($797,268,522):
Total Overlapping Tax Increment Debt 5.33%
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.
Qualified Zone Academy bonds are included based on principal due at maturity.
Source: California Municipal Statistics, Inc.
CITY OF DINUBA
STATEMENT OF DIRECT AND OVERLAPPING DEBT
AS OF JUNE 30, 2021
138
Total Assessed Valuation $ 1,289,180,103
Debt Limit - 15% of Total Assessed Valuation $ 193,377,015 Amount of Debt Applicable to the Limit 43,393,085
Legal Debt Margin $ 149,983,930
Total Debt
Applicable
Total Legal As A
Debt Debt Debt Percentage
Fiscal Year Limit Applicable Margin Of Debt Limit
2012 $ 138,156,969 $ 24,859,603 $ 113,297,366 18.0%
2013 139,985,138 39,125,168 100,859,970 27.9%
2014 146,453,800 54,447,428 92,006,372 37.2%
2015 147,872,532 45,322,629 102,549,903 30.6%
2016 159,126,938 44,704,488 114,422,450 28.1%
2017 167,529,452 43,393,085 124,136,367 25.9%
2018 165,745,598 41,921,553 123,824,045 25.3%
2019 175,150,875 40,102,333 135,048,542 22.9%
2020 182,570,556 38,045,754 144,524,802 20.8%
2021 193,377,015 36,160,826 157,216,189 18.7%
Source: City of Dinuba Financial Services Division
LEGAL DEBT MARGIN INFORMATION
LAST TEN FISCAL YEARS
CITY OF DINUBA
COMPUTATION OF LEGAL DEBT MARGIN
FOR THE FISCAL YEAR ENDED JUNE 30, 2020
139
Year Sewer Charges Less: Net
Ended And Other Operating Available Total Debt Service
June 30 Contributions 1 Expenses 2 Revenue Principal Interest Debt Service Coverage 2012 $ 3,293,667 $ 1,744,908 $ 1,548,759 $ 290,000 $ 938,250 $ 1,228,250 1.26 2013 2,945,488 1,641,917 1,303,571 240,000 618,372 858,372 1.52 2014 3,062,058 1,920,430 1,141,628 270,000 421,644 691,644 1.65 2015 3,915,684 2,063,218 1,852,466 220,000 415,412 635,412 2.92 2016 4,027,942 2,275,360 1,752,582 225,000 409,500 634,500 2.76 2017 4,067,626 2,155,155 1,912,471 230,000 403,355 633,355 3.02 2018 3,443,625 3,581,543 (137,918) 240,000 396,891 636,891 (0.22) 2019 3,845,532 2,053,342 1,792,190 240,000 324,271 564,271 3.18 2020 3,712,741 2,234,678 1,478,063 490,000 268,986 758,986 1.95 2021 4,650,641 1,595,020 3,055,621 527,000 302,490 829,490 3.68 1 Includes transfers from the Water Fund. Bond proceeds from the 2002 Refunding Bond were also used to fund certain Water projects. Therefore, the water fund pays a proportionate share of the debt service. 2 Depreciation is eliminated for this calculation.
Source: City of Dinuba Financial Services Division
CITY OF DINUBA
PLEDGED-REVENUE COVERAGE
LAST TEN FISCAL YEARS
Certificates of Participation (Sewer Fund)
(0.50)
0.00 0.50
1.00 1.50
2.00 2.50
3.00 3.50
4.00 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Series14
140
Fiscal Year Principal Interest Total
2022 $ 895,000 $ 474,450 $ 1,369,450
2023 910,000 440,475 1,350,475
2024 725,000 412,950 1,137,950
2025 755,000 389,450 1,144,450
2026 775,000 361,963 1,136,963
2027 805,000 331,656 1,136,656
2028 835,000 300,194 1,135,194
2029 870,000 268,988 1,138,988
2030 900,000 238,088 1,138,088
2031 935,000 206,044 1,141,044
2032 960,000 172,931 1,132,931
2033 1,000,000 138,675 1,138,675
2034 550,000 111,950 661,950
2035 565,000 93,175 658,175
2036 595,000 73,625 668,625
2037 610,000 53,325 663,325
2038 625,000 32,500 657,500
2039 650,000 10,975 660,975
$ 13,960,000 $ 4,111,413 $ 18,071,413
Source: City of Dinuba Financial Services Division
CITY OF DINUBA
GENERAL BONDED INDEBTEDNESS
Lease Revenue Bonds
MATURITIES BY FISCAL YEAR
141
City Population
City Tulare County as % of Unemployment
Fiscal Year Population 1 % Change Population County Population Rate 3 2012 22,614 2.94% 450,840 5.02% 21.2%
2013 23,082 2.03% 455,599 5.07% 18.9%
2014 23,666 2.47% 459,446 5.15% 17.3%
2015 23,966 1.25% 462,189 5.19% 10.9%
2016 24,657 2.80% 466,339 5.29% 10.7%
2017 24,861 0.82% 471,842 5.27% 9.5%
2018 24,873 0.05% 475,479 5.23% 8.3%
2019 25,328 1.80% 479,112 5.29% 8.5%
2020 25,994 2.56% 479,977 5.42% 10.9%
2021 26,517 1.97% 481,733 5.50% 8.4%
Source: California Department of Finance
California Employment Development Department
Note: Per capita income and total personal income information not available.
CITY OF DINUBA
POPULATION AND UNEMPLOYMENT RATE
LAST TEN FISCAL YEARS
4.70%
4.80%
4.90%
5.00%
5.10%
5.20%
5.30%
5.40%
5.50%
5.60%
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Series8
142
Percent of Percent of
Total Total
City City
Employer Type of Business Employees Employment Rank Employees Employment Rank Ruiz Foods Products Inc. Frozen Food 1,644 44% 1 1,540 38% 1 Dinuba Public Schools Education 697 19% 2 639 16% 2
Best Buy Stores, Inc. Distribution Center 500 13% 3 330 8% 5 Wal-Mart Retail Store 455 12% 4 400 10% 4
Patterson Dental Wholesaler 179 5% 5 151 4% 7
City of Dinuba Local Government 165 4% 6
United Market Retail Store 44 1% 7
Tractor Supply Retail Store 25 1% 8
Grocery Outlet Retail Store 23 1% 9
MV Transportation Transportation 10 0% 10
Family Tree Farms Produce Packing 500 12% 3
Surabian and Sons Produce/Packing 125 3% 8
Odwalla 1 Fruit Juices 210 5% 6
Patterson Dental Wholesaler 92 2% 10
Kmart Retail Store 98 2% 9
3,742 100.00% 4,085 100.00%
Source: City of Dinuba and the U. S. Bureau of the Census
CITY OF DINUBA
PRINCIPAL EMPLOYERS
AS OF JUNE 30, 2021 AND 2012
Fiscal Year 2021 Fiscal Year 2012
143
CITY OF DINUBA
EMPLOYEES BY FUNCTION (FULL TIME EQUIVALENTS)
LAST TEN FISCAL YEARS
Fiscal Year
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Governmental Activities
General Government 17.6 18.0 18.0 17.0 19.1 18.5 17.4 16.5 12.7 10.0 Public Safety 81.5 84.0 90.4 94.4 99.5 112.7 101.5 87.5 95.9 90.5 Public Works 14.0 14.7 13.0 16.0 18.1 10.9 22.8 21.5 23.5 20.6 Parks and Recreation 1 13.7 13.1 12.7 13.2 17.3 13.3 23.0 21.9 23.8 22.7 Water 5.2 6.2 6.2 6.2 7.7 7.7 8.7 7.3 9.4 9.9
Sewer 5.3 5.3 5.3 5.3 5.3 5.3 6.3 5.7 7.0 7.5
Disposal 1.2 1.2 1.9 1.9 2.8 2.6 3.7 2.3 3.1 3.6
Total Government-Wide Employees 138.5 142.5 147.4 154.0 169.8 170.9 183.2 162.7 175.5 164.8
0.0 20.0
40.0 60.0
80.0 100.0
120.0
140.0
160.0
180.0
200.0
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Disposal
Sewer
Water
Parks and Recreation 1
Public Works
Public Safety
General Government 16.8 34.0 37.2 25.5 11.0 12.2 11.8 24.3 24.3 24.9 24.7 18.0 18.0 19.0 144
CITY OF DINUBA
CONSTRUCTION ACTIVITY
LAST TEN CALENDAR YEARS
Calendar Total Total Number Number
Year Permits Valuation Permits Valuation Permits Valuation 2012 543 $ 43,487,055 13 $ 9,295,706 161 $ 20,246,430
2013 430 20,466,026 4 99 1,488,000 11,149,388
2014 437 16,722,112 5 41 8,448,970 4,244,435
2015 552 14,559,111 2 78 490,000 8,286,981
2016 689 7,134,510 2 57 1,110,000 5,565,450
2017 712 15,863,961 5 62 1,517,700 5,777,900
2018 754 31,539,649 1 60,000 70 9,485,662
2019 734 24,624,270 2 88 2,500,000 13,024,036
2020 945 46,726,003 3 242 1,525,400 33,023,369
2021 880 37,467,036 2 111 698,982 18,212,861
Calendar Number Number
Year Permits Valuation Permits Valuation
2012 0 $ - 382 $ 13,944,919
2013 1 2,450,000 326 5,378,638
2014 0 - 391 4,028,707
2015 0 - 472 5,782,130
2016 0 - 630 459,060
2017 0 - 645 8,568,361
2018 3 8,522,081 680 13,471,903
2019 0 - 644 9,100,234
2020 0 - 709 12,177,264
2021 0 - 767 18,555,193
Source: City of Dinuba Annual Building Report
Commercial and Office Residential Single
Residential Multi-Units All Other
145
CITY OF DINUBA
GROSS VALUE
1. Milk $ 1,866,696,000
2. Oranges - Navels & Valencias 1,062,257,000
3. Cattle & Calves 602,035,000
4. Grapes 569,813,000
5. Pistachio Nuts 444,235,000
6. Tangerines - Fresh 402,116,000
7. Almonds Meats & Hulls 352,338,000
8. Lemon 268,650,000
9. Corn - Grain & Silage 185,758,000
10. Peach Cling & Freestone 171,961,000
Total Value of the Top Ten Tulare County Crops $ 5,925,859,000 Total Value of All Tulare County Crops $ 7,140,076,500
Source: Tulare County Agricultural Commissioner news release
PRODUCT
ranching for 2020.
The following list comprises the major cash crops in the county from farming and which currently ranks second in the nation in agricultural productivity.
TULARE COUNTY CROP STATISTICS
FOR THE CALENDAR YEAR 2020
Dinuba lies in the heart of the farming area of Tulare County, California, 146
CITY OF DINUBA
CAPITAL ASSETS USED
LAST TEN FISCAL YEARS
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Water:
Number Water Wells 8888888888
Annual Production (Million Gal) 1,996 1,570 1,790 1,578 1,218 1,274 1,399 1,463 1,468 1,635 Service Connections 5,581 5,633 5,937 5,742 5,862 5,964 6,031 6,131 6,327 6,448 Police:
Stations 2222211111
Sworn Officers 35 34 33 36 28 27 24 32 32 34
Support Personnel 10 10 9 11 11 13 11 11 11 11
Part-Time Support Personnel 8332222222
Police Vehicles 35 37 36 40 38 43 46 49 37 36
Motorcycles 2244444455
Fire:
Stations 1111111111
Firefighters 24 23 26 26 26 26 26 26 26 26
Fire and Rescue Vehicles 5555566666
Ambulances 4455566666
Staff Vehicles 5664555556
Parks and Recreation:
Parks 13 13 13 13 13 13 13 13 13 13
Acres of Park land 66 66 66 66 66 66 66 66 66 66
Acres of Open Space 56 56 56 56 56 56 56 56 56 56
Recreation Centers 2222222222
Other:
City Land Area (Square Miles) 4.90 4.90 4.90 4.90 4.90 4.90 4.90 4.90 4.90 4.90 Miles of Water Main 74.0 74.0 74.0 74.0 74.0 74.0 74.0 74.0 74.0 74.0 Miles of Storm Drain 19.0 19.0 19.0 19.0 19.0 19.0 19.0 19.0 19.0 19.0 Miles of Sewer Main 74.0 74.0 74.0 74.0 74.0 74.0 74.0 74.0 74.0 74.0 Miles of City Streets 65.7 65.7 65.7 65.7 65.7 65.7 65.7 65.7 65.7 65.7 Source: City of Dinuba Financial Services Division
147
CITY OF DINUBA
DEMANDS FOR CITY SERVICES
LAST TEN FISCAL YEARS
Number of Number of Number of Number of
Utility Police 911 Emergency Sworn
Fiscal Year Population Customers Calls - Total Calls Officers 2012 22,614 5,581 39,161 4,535 35
2013 23,082 5,633 38,550 5,967 34
2014 23,666 5,927 34,611 5,844 35
2015 23,966 5,742 38,637 13,397 34
2016 24,657 5,862 41,314 1,845 28
2017 24,861 5,964 42,319 1,487 37
2018 24,873 6,031 40,019 2,271 32
2019 25,328 6,131 38,525 8,811 32
2020 25,994 6,327 37,870 3,065 32
2021 26,517 6,448 36,655 1,774 34
Number of Number of Number of
Fire Ambulance Fire
Fiscal Year Calls 1 Runs Fighters
2012 460 3,304 24
2013 572 3,594 23
2014 666 3,646 26
2015 887 3,647 24
2016 773 4,154 26
2017 861 3,968 26
2018 984 4,093 26
2019 613 4,466 26
2020 529 4,522 26
2021 458 5,471 26
1 Includes calls for fires, explosions, and hazardous conditions.
Source: City of Dinuba Financial Services Division, Fire Department, and Police Department 148
CITY OF DINUBA
GENERAL GOVERNMENTAL
EXPENDITURES BY FUNCTION
LAST TEN FISCAL YEARS 1
2012 2013 2014 2015 2016
Governmental Activities
General Government $ 4 3,439,679 $ 4 ,339,158 $ ,703,501 $ 5,345,434 $ 4,802,762 Public Safety 8 8,167,990 9 ,990,013 ,591,236 13,275,052 13,746,235 Public Works 2 1,826,602 2 ,197,625 ,761,922 3,334,975 3,943,500 Community Development 1,007,987 636,986 1 548,112 ,641,605 1,178,906 Parks and Recreation 1 1,796,570 1 ,136,847 ,224,454 1,682,401 1,824,431 Debt Service 1 1,720,593 1 ,020,371 ,521,663 1,204,781 1,278,342 Unallocated Depreciation 953,544 823,524 1 2 ,018,182 ,635,342 3,029,796 Total Governmental Activities Expenses $ 18,912,965 $ 2 19,144,524 $ 1,369,070 $ 29,119,590 $ 29,803,972 2017 2018 2019 2020 2021
Governmental Activities
General Government $ 3 7,661,240 $ 3 ,989,322 $ ,647,223 $ 4,464,243 $ 7,635,027 Public Safety 13,897,596 12 12,920,443 ,503,075 12,801,801 12,899,424 Public Works 6 3,752,225 2 ,577,677 ,429,367 5,116,719 3,009,339 Community Development 2 637,522 2 ,350,919 ,277,992 2,427,047 2,576,069 Parks and Recreation 2 2,007,951 2 ,127,602 ,527,531 2,705,703 2,858,033 Debt Service 1,604,463 1 978,293 ,008,877 1,001,611 935,126 Unallocated Depreciation - 3,011,661 - - -
Total Governmental Activities Expenses $ 32,572,658 $ 2 28,944,256 $ 4,394,065 $ 28,517,124 $ 29,913,018 1 Includes General, Special Revenue, Debt Service, and Capital Projects Funds.
Source: City of Dinuba Financial Services Division
149
YEAR EFFECTIVE DATE STATE RATE LOCAL RATE
2012 7/1/2011 7.25% 8.50%
2013 1/1/2013 7.50% 8.75%
2014 1/1/2013 7.50% 8.75%
2015 1/1/2013 7.50% 8.75%
2016 1/1/2013 7.50% 8.75%
2017 1/1/2017 7.25% 8.50%
2018 1/1/2017 7.25% 8.50%
2019 1/1/2017 7.25% 8.50%
2020 1/1/2017 7.25% 8.50%
2021 1/1/2017 7.25% 8.50%
Source: California State Board of Equalization
CITY OF DINUBA
SALES TAX RATES
LAST TEN FISCAL YEARS
150
Taxpayer Business Type Taxpayer Business Type
Ace Hardware Bldg.Matls-Retail Autozone Auto Parts/Repair Arco AM/PM Mini Marts Service Stations Bestbuy.com Furniture/Appliance Autozone Auto Parts/Repair Big 5 Sporting Goods Recreation Products Best Buy Warehouse Logistics Business Services Burger King Restaurants Restaurants Bestbuy.com Furniture/Appliance Candy's Diesel Repair Auto Parts/Repair Big 5 Sporting Goods Recreation Products Dinuba Lumber Company Bldg.Matls-Whsle Dinuba Auto Plaza Auto Sales - Used E B M Auto Sales Auto Sales - Used Ed Dena's Auto Center Auto Sales - New Ed Dena's Auto Center Auto Sales - New Elite Auto Wholesale Auto Salers - Used El Monte Gas Food & Car Wash Service Stations Jack In The Box Restaurants Restaurants Gamestop Miscellaneous Retail Jim Manning Dodge Chryslr Jeep Auto Sales - New Jack In The Box Restaurants Restaurants Kwik Serve Station Service Stations Jim Manning Dodge Chryslr Jeep Auto Sales - New Liquor Locker Liquor Stores K Mart Stores Department Stores McDonald's Restaurants Restaurants McDonald's Restaurants Restaurants O'reilly Auto Parts Auto Parts/Repair Patterson Veterinary Supply Light Industry Panda Express Restaurants Quick Shop Markets Food Markets Patterson Veterinary Supply Light Industry Quick-N-Handy Mart & Deli Food Markets Quick N Handy Mart & Deli Food Markets R J Food & Gas Service Stations Quick Shop Markets Food Markets Rhodes Service Stations Service Stations Rite Aid Drug Stores Drug Stores Rite Aid Drug Stores Drug Stores Scout Specialties Miscellaneous Other Ruiz Food Products Food Processing Eqp Taco Bell Restaurants Smith Auto Parts Auto Parts/Repair Tractor Supply Company Miscellaneous Retail United Market Food Markets Valero Service Stations Service Stations Valero Service Stations Service Stations Wal Mart Stores Department Stores Walgreen's Drug Stores Drug Stores Source: MuniServices
2020-21 2011-12
AS OF JUNE 30, 2021 AND 2012
CITY OF DINUBA
TOP 25 SALES TAX GENERATORS
(in alphabetical order)
Principal Sales Tax Producers
151
NAICS Category
2016 2017 2018 2019 2020
Accommodation and Food Services $ 328,812 $ 340,345 $ 357,492 $ 378,630 $ 367,252 Administrative and Support and Waste Management and Remediation Services 9,973 11,937 12,650 13,862 10,900 Agriculture, Forestry, Fishing and Hunting 25,747 40,868 110,241 48,492 9,213 Arts, Entertainment, and Recreation 3,093 2,812 2,244 5,302 - Construction 62,693 106,464 49,760 6,712 3,217
Information - - 1 - -
Manufacturing 485,256 569,830 542,565 579,767 617,453
Mining, Quarrying, and Oil and Gas Extraction 8,963 9,865 10,615 7,727 12,188 Other Services (except Public Administration) 24,848 24,817 22,682 21,113 61,847 Professional, Scientific, and Technical Services 2,022 2,812 2,166 1,988 649 Real Estate and Rental and Leasing 808 1,006 908 263 78 Retail Trade 9,414,016 6,517,225 9,872,079 11,095,144 27,195,653 Undefined (3,623) 405 (726) (461) -
Utilities 10,593 11,064 10,720 11,398 6,534
Grand Total $ 10,403,397 7,609,253 $ 10,993,396 $ 12,169,937 $ 28,284,984 $ Source: MuniServices
Note: 2020 is latest available year.
CITY OF DINUBA
ANNUAL SALES TAX BY CATEGORY
2016-2020 CALENDAR YEARS
152
AMOUNT
1. GENERAL LIABILITY
a. Self-insured retention, $1,000,000 limit 50,000 $
b. Liability excess coverage 19,000,000
2. AUTO PHYSICAL DAMAGE
a. Comprehensive coverage, fire trucks, dump trucks, and ambulances, 5% of values at time of loss subject to 11, 319,361 $10,000 minumum and $25,000 maximum.
b. Comprehensive coverage, low value vehicles
under $25,000, $2,000 deductible 892,982
3. PROPERTY COVERAGE
a. Covers all owned buildings and contents at
replacement cost, including data processing
equipment and valuable papers, $5,000 deductible. 72,623 ,787 b. Miscellaneous Property Floater 6,301,331
c. Special Equipment. 3,814,462
d. Extra Expense Associated with Physical Damage or Loss 562,000 e. Extra Expense Associated with Floater Equipment 10,000
4. WORKERS' COMPENSATION
a. Self-insured retention $500,000 limit 50,000
b. Workers' compensation excess coverage 4,500,000
5. OTHER
a. Employee's fidelity dishonesty bond (Blanket) 250,000 b. Money & Securities 15,000
c. Wrongful Discharge, Discrimination, and
Sexual Harrassment 1,000,000
d. Boiler & Machinery Property Coverage 100,000
e. Loss of Earnings/Extra Expense 2,828,400
$5,000 deductible
Source: City of Dinuba Risk Manager
CITY OF DINUBA
SCHEDULE OF INSURANCE IN FORCE
FOR THE FISCAL YEAR ENDED JUNE 30, 2021
TYPES AND DETAILS OF COVERAGE
153
Lance, Soll & Lunghard, LLP 2151 River Plaza Dr., Suite 150 Sacramento ,CA95833 Phone: 916.503.9691 INDEPENDENT AUDITORS’ REPORT ON INTERNAL CONTROL
OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS
BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE
WITH GOVERNMENT AUDITING STANDARDS
To the Honorable Mayor and Members of the City Council
City of Dinuba, California
We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of Dinuba California, (the City) as of and for the year ended June 30, 2021, and the related notes to the financial statements, which collectively comprise the City’s basic financial statements, and have issued our report thereon dated May 17, 2022.
Internal Control over Financial Reporting
In planning and performing our audit of the financial statements, we considered the City’s internal control over financial reporting (internal control) as a basis for designing audit 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 the effectiveness of the City’s internal control. Accordingly, we do not express an opinion on the effectiveness of the City’s internal control.
Our consideration of internal control was for the limited purpose described in the preceding paragraph and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies and therefore, material weaknesses or significant deficiencies may exist that were not identified. However, we identified certain deficiencies in internal control that we consider to be material weaknesses and significant deficiencies.
A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control such that there is a reasonable possibility that a material misstatement of the City’s financial statements will not be prevented, or detected and corrected on a timely basis. We consider the following deficiency reported on the schedule of findings and questioned costs to be a material weakness: 2021-01.
A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. We consider the following deficiency, described on the accompanying schedule of findings and questioned costs, to be a significant deficiency: 2021-02.
To the Honorable Mayor and Members of the City Council
City of Dinuba, California
Compliance and Other Matters
As part of obtaining reasonable assurance about whether the City’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on financial statements. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.
City’s Response to Findings
The City’s response to the findings identified in our audit was not subjected to the auditing procedures applied in the audit of the financial statements and, accordingly, we express no opinion on it.
Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the City’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the City’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.
Sacramento, California
May 17, 2022
To the Honorable Mayor and Members of the City Council
City of Dinuba, California
SCHEDULE OF FINDINGS AND QUESTIONED COSTS
Capitalization of CIP (Material Weakness)
Reference Number: 2021-001
Condition: The City did not properly capitalize costs related to projects as construction in progress in excess of $6M.
Criteria: The City should ensure that all project costs are properly capitalized as part of their year-end close process.
Cause of Condition: Lack of oversight over capital asset related activity.
Effect or Potential Effect of Condition: The misstatement resulted in understated capital asset costs at year-end.
Recommendation: LSL recommends that the City perform a thorough review over all project costs to ensure no items that need to be capitalized are missed during the year.
Management’s Response and Corrective Action:
The City was in a transitional period during the 2020/21 year end process and the project was missed. The City has since hired a new Accountant who is in the process of implementing procedures that will ensure that all construction in progress is accounted for in future years.
Capital Asset Management (Significant Deficiency)
Reference Number: 2020-002
Condition: Through our audit procedures of the City’s capital assets records, it was identified that various asset activity was not properly reconciled in the subledgers, asset listing, and Trial Balance.
Criteria: As part of the year end closing procedures, the City should be accounting for all capital asset activity and communicate with all departments to ensure that the subledgers and asset listings are complete and accurate.
Cause of Condition: Due to the decentralized nature of the City’s operations various asset additions were not properly reconciled in the subledger and asset listing resulting in adjustments to the Trial Balance.
Effect or Potential Effect of Condition: Capital assets balances were misstated and required adjustment.
Recommendation: We recommend the City establish procedures to ensure that all capital assets are properly recorded and reviewed for capitalization.
Management’s Response and Corrective Action:
The City will ensure that all departments submit accurate information for all assets. The City will establish procedures to ensure that all additions and deletions to assets are properly recorded and reviewed for capitalization.
Lance, Soll & Lunghard, LLP 2151 River Plaza Dr., Suite 150 Sacramento ,CA95833 Phone: 916.503.9691 May 17, 2022
To the Honorable Mayor and Members of the City Council
City of Dinuba, 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 Dinuba, California (the City) for the year ended June 30, 2021. Professional standards require that we provide you with information about our responsibilities under generally accepted auditing standards, Government Auditing Standards and the Uniform Guidance, as well as certain information related to the planned scope and timing of our audit. We have communicated such information in our letter to you dated June 7, 2021. Professional standards also require that we communicate to you the following information related to our audit.
Significant Audit Findings and Other Issues
Qualitative Aspects of Significant Accounting Practices Management is responsible for the selection and use of appropriate accounting policies. The significant accounting policies used by the City are described in the notes to the financial statements. As described in Note 1 to the financial statements, the City changed accounting policies related to fiduciary fund reporting by adopting Statement of Governmental Accounting Standards (GASB Statement) No. 84, Fiduciary Activities, in fiscal year 2020-2021. Accordingly, there was no cumulative effect of the accounting change.
All significant transactions have been recognized in the financial statements in the proper period.
Accounting estimates are an integral part of the financial statements prepared by management and are based on management’s knowledge and experience about past and current events and assumptions about future events. Certain accounting estimates are particularly sensitive because of their significance to the financial statements and because of the possibility that future events affecting them may differ significantly from those expected. The most sensitive estimates affecting the City’s financial statements were:
Management’s estimates of its net pension liability and total other post-employment benefits liability are based on actuarial valuation specialist assumptions. We evaluated the key factors and assumptions used to develop the net pension liability and total other postemployment benefits liability in determining that they are reasonable in relation to the financial statements taken as a whole.
The financial statement disclosures are neutral, consistent, and clear.
Significant Unusual Transactions
Management is responsible for the policies and practices used to account for significant unusual transactions. No significant unusual transactions have occurred during fiscal year 2020-21.
Difficulties Encountered in Performing the Audit
We encountered no significant difficulties in dealing with management in performing and completing our audit.
To the Honorable Mayor and Members of the City Council
City of Dinuba, California
Corrected and Uncorrected Misstatements
Professional standards require us to accumulate all known and likely misstatements identified during the audit, other than those that are trivial, and communicate them to the appropriate level of management.
Management has corrected all such misstatements. In addition, we detected misstatements as a result of audit procedures which were material, and were subsequently corrected by management. The details of these misstatements are described in a separate letter dated May 17, 2022.
Disagreements with Management
For purposes of this letter, a disagreement with management is a financial accounting, reporting, or auditing matter, whether or not resolved to our satisfaction, that could be significant to the financial statements or the auditor’s report. We are pleased to report that no such disagreements arose during the course of our audit.
Circumstances that Affect the Form and Content of the Auditor’s Report New auditing standards were implemented in fiscal year 2020-2021 related to Statement of Auditing Standards 134, Auditor Reporting and Amendments, Including Amendments Addressing Disclosures in the Audit of Financial Statements, through Statement of Auditing Standards 140, Supplementary Information in Relation to the Financial Statements as a Whole. These standards updated the form and content of the financial statement auditor’s report. The purpose of the change was to present an easier format for users to understand the results of the audit and management’s responsibilities.
Management Representations
We have requested certain representations from management that are included in the management representation letter dated May 17, 2022.
Management Consultations with Other Independent Accountants In some cases, management may decide to consult with other accountants about auditing and accounting matters, similar to obtaining a “second opinion” on certain situations. If a consultation involves application of an accounting principle to the City’s financial statements or a determination of the type of auditor’s opinion that may be expressed on those statements, our professional standards require the consulting accountant to check with us to determine that the consultant has all the relevant facts. To our knowledge, there were no such consultations with other accountants.
Other Audit Findings or Issues Discussed with Management We generally discuss a variety of matters, including the significant events or transactions that occurred during the year, business conditions affecting the City and business plans and strategies that may affect the risks of material misstatements, the application of accounting principles and auditing standards, with management each year prior to retention as the City’s auditors. However, these discussions occurred in the normal course of our professional relationship and our responses were not a condition to our retention.
Other Matters
We applied certain limited procedures to the management’s discussion and analysis, the budgetary comparison schedules for the general fund and HUD grants fund, the schedule of proportionate share of the net pension liability, the schedule of plan contributions, and the schedule of changes in the total OPEB liability and related ratios which are required supplementary information (RSI) that supplements the basic financial statements. Our procedures consisted of inquiries of management regarding the methods of To the Honorable Mayor and Members of the City Council
City of Dinuba, California
preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We did not audit the RSI and do not express an opinion or provide any assurance on the RSI.
We were engaged to report on combining and individual fund financial statements and schedules, which accompany the financial statements but are not RSI. With respect to this supplementary information, we made certain inquiries of management and evaluated the form, content, and methods of preparing the information to determine that the information complies with accounting principles generally accepted in the United States of America, the method of preparing it has not changed from the prior period, and the information is appropriate and complete in relation to our audit of the financial statements. We compared and reconciled the supplementary information to the underlying accounting records used to prepare the financial statements or to the financial statements themselves.
We were not engaged to report on introductory section and statistical section, which accompany the financial statements but are not RSI. Such information has not been subjected to the auditing procedures applied in the audit of the basic financial statements, and accordingly, we do not express an opinion or provide any assurance on it.
The following new Governmental Accounting Standards Board (GASB) pronouncements were effective for fiscal year 2020-2021 audit:
GASB Statement No. 84, Fiduciary Activities.
GASB Statement No. 90, Majority Equity Interests - an Amendment of GASB Statement Nos. 14 and 61.
GASB Statement No. 98, The Annual Comprehensive Financial Report.
The following GASB pronouncements are effective in the following fiscal years’ audits and should be reviewed for proper implementation by management:
Fiscal year 2022
GASB Statement No. 87, Leases.
GASB Statement No. 89, Accounting for Interest Cost Incurred before the End of a Construction Period.
GASB Statement No. 97, Certain Component Unit Criteria, and Accounting and Financial Reporting for Internal Revenue Code Section 457 Deferred Compensation Plans.
Fiscal year 2023
GASB Statement No. 91, Conduit Debt Obligations.
GASB Statement No. 94, Public-Private and Public-Public Partnerships and Availability Payment Arrangement.
GASB Statement No. 96, Subscription-Based Information Technology Arrangements.
To the Honorable Mayor and Members of the City Council
City of Dinuba, California
Restriction on Use
This information is intended solely for the use of the City Council and management of City of Dinuba and is not intended to be, and should not be, used by anyone other than these specified parties.
Very truly yours,
Sacramento, California
City Council Staff Report
Department: FINANCE SERVICES May 24, 2022
To: Mayor and City Council
From: Karina Solis, Administrative Services Director
By: Maria Alaniz, Interim City Clerk/Human Resources Manager Subject: Liability Claim (KS)
RECOMMENDATION
Pursuant to GC 54956.95; Claimant(s): Kelly Smith.
Agency Claimed Against: City of Dinuba
EXECUTIVE SUMMARY
None.
OUTSTANDING ISSUES
None.
DISCUSSION
None.
FISCAL IMPACT
None.
PUBLIC HEARING
None required.
City Council Staff Report
Department: FINANCE SERVICES May 24, 2022
To: Mayor and City Council
From: Karina Solis, Administrative Services Director
By: Maria Alaniz, Interim City Clerk/Human Resources Manager Subject: Liability Claim (KS)
RECOMMENDATION
Pursuant to GC 54956.95; Claimant(s): Susan Rodriguez
Agency Claimed Against: City of Dinuba
EXECUTIVE SUMMARY
None.
OUTSTANDING ISSUES
None.
DISCUSSION
None.
FISCAL IMPACT
None.
PUBLIC HEARING
None required.
City Council Staff Report
Department: FINANCE SERVICES May 24, 2022
To: Mayor and City Council
From: Karina Solis, Administrative Services Director
By: Maria Alaniz, Interim City Clerk/Human Resources Manager Subject: Liability Claim (KS)
RECOMMENDATION
Pursuant to GC 54956.95; Claimant(s): Veronica Madrid
Agency Claimed Against: City of Dinuba
EXECUTIVE SUMMARY
None.
OUTSTANDING ISSUES
None.
DISCUSSION
None.
FISCAL IMPACT
None.
PUBLIC HEARING
None required.
City Council Staff Report
Department: FINANCE SERVICES May 24, 2022
To: Mayor and City Council
From: Karina Solis, Administrative Services Director
By: Maria Alaniz, Interim City Clerk/Human Resources Manager Subject: Liability Claim (KS)
RECOMMENDATION
Pursuant to GC 54956.95; Claimant(s): Tyler Toews
Agency Claimed Against: City of Dinuba
EXECUTIVE SUMMARY
None.
OUTSTANDING ISSUES
None.
DISCUSSION
None.
FISCAL IMPACT
None.
PUBLIC HEARING
None required.