Cities Index.
Agenda

Dinuba City Council
February 11, 2025

Document
Agenda
Meeting
February 11, 2025
Body
Dinuba City Council
Pages
4
Original file
13.9 MB
Text extracted from the city's file for reading and search. Open the original on dinubaca.api.civicclerk.com. That file is the official record.

Tuesday, February 11, 2025 / 6:30 PM / City Hall / 405 East El Monte Way, Dinuba District 1
Rachel NerioGuerrero
Mayor
District 2
Maribel Reynosa
Council Member
District 3
Benjamin Prado
Vice Mayor
District 4
Kuldip Thusu
Council Member
District 5
Linda Launer
Council Member
All attendees are advised that electronic devices should be placed on silent upon entering the Council Chambers.

The City Council will take action on all items listed on the agenda.

1. OPENING CEREMONIES

1.1. Welcome and Call to Order

1.2. Invocation

1.3. Pledge of Allegiance

2. AGENDA CHANGES OR DELETIONS
To better accommodate members of the public or convenience in the order of presentation, items on the agenda may not be presented or acted upon in the order listed. Additions to Agenda may be added only pursuant to California Government Code section 54954.2(b).

3. PRESENTATIONS/CEREMONIAL MATTERS

3.1. Recognition for the Retirement of Timothy Miller, Engineer/Paramedic (GC)

4. REQUEST TO ADDRESS COUNCIL
This portion of the meeting is reserved for any person who would like to address the Council on any item that is not on the agenda. Please be advised that State law does not allow the City Council to discuss or take any action on any issue not on the agenda. The City Council may direct staff to follow up on such item(s). Speakers are limited to three (3) minutes. If there is any person wishing to address the City Council at this time please approach the podium and state your name and nature of the request.

5. CONSENT CALENDAR
Matters listed under the Consent Calendar are considered routine and will be enacted by one motion and one vote. There will be no separate discussion of these items. If discussion is desired, a member of the audience or a Council Member may request an item be removed from the Consent Calendar and it will be considered separately.

5.1. SUBJECT
Approval of City Council Meeting Minutes (MA)
a

RECOMMENDATION
Council to review and approve the Council Meeting minutes as presented. a

5.2. SUBJECT
Award Well 20 Improvements Project and Adopt Resolution No. 2025-12 Approving FY 24/25 Budget Amendment No. 2025-15 (GA)
a

RECOMMENDATION
Council by one motion take the following actions:

1. Award Well 20 Chlorination and Pump Improvements Project to Logan Bros Pump & Ag, Inc. in the amount of $168,030.94; and,

2. Adopt Resolution No. 2025-12 approving Budget Amendment No. 2025-15 for FY 24/25 in the amount of $168,030.94 to fund the subject project. a

6. WARRANT REGISTER

6.1. SUBJECT
Warrant Register January 31 & February 7, 2025 (KS)
a

RECOMMENDATION
Council to review and approve the Warrant Register as presented. a

7. DEPARTMENT REPORTS

7.1. SUBJECT
Clean California Grant - Entertainment Plaza Renovation (JW) a

RECOMMENDATION
Council to review design for the Entertainment Plaza renovations and provide input on overall scope of improvements.
a

7.2. SUBJECT
Annual Comprehensive Financial Report (ACFR) for Fiscal Year 2023- 2024 (KS)
a

RECOMMENDATION
Council to receive and accept the City of Dinuba's Annual Comprehensive Financial Report (ACFR) for the year ended June 30, 2024. a

8. MAYOR/COUNCIL REPORTS

9. CITY MANAGER COMMUNICATIONS

10. CITY STAFF COMMUNICATIONS

11. CLOSED SESSION

11.1. Conference with Legal Counsel - Anticipated Litigation (LP) Discuss threat of litigation, pursuant to subdivision (b) of Government Code Section 54956.9; One (1) case.

12. ADJOURNMENT
This agenda was posted at least 72 hours prior to the regular meeting per GC Section 54954.2(a). A Citizens' Packet regarding this meeting is available at the City Clerk's Office located at City Hall, 405 East El Monte Way, Dinuba CA 93618.

In compliance with the Americans with Disabilities Act, if special assistance is needed to participate in the meeting, please contact the City Clerk's Office at 559-591-5900. Please provide at least 48 hours notification prior to the meeting to allow staff to make reasonable arrangements. (28 CFR 35.102-35.104 ADA Title II)
559.591.5900 / FAX 559.591.5902 . e-mail address: [email protected]. www.dinuba.org City Council Staff Report
Department: FIRE SERVICES February 11, 2025
To: Mayor and City Council
From: Greg Chastain, Fire Chief
Subject:

Recognition for the Retirement of Timothy Miller, Engineer/Paramedic (GC)

RECOMMENDATION
Council to recognize Timothy Miller on his retirement with the City of Dinuba Fire Department after 31 years of service.

EXECUTIVE SUMMARY
None.

OUTSTANDING ISSUES
None.

DISCUSSION
None.

FISCAL IMPACT
None.

PUBLIC HEARING
None.

City Council Staff Report
Department: CITY CLERK February 11, 2025
To: Mayor and City Council
From: Maria Alaniz, City Clerk/Human Resources Director Subject: Approval of City Council Meeting Minutes (MA)

RECOMMENDATION
Council to review and approve the Council Meeting minutes as presented.

EXECUTIVE SUMMARY
None.

OUTSTANDING ISSUES
None.

DISCUSSION
None.

FISCAL IMPACT
None.

PUBLIC HEARING
None required.

ATTACHMENTS:

Description
City Council Meeting Minutes, January 28, 2025
January 28, 2025

MINUTES
District 1
Rachel NerioGuerrero
Mayor
District 2
Maribel Reynosa
Council Member
District 3
Benjamin Prado
Vice Mayor
District 4
Kuldip Thusu
Council Member
District 5
Linda Launer
Council Member
COUNCIL MEMBERS PRESENT:

Launer, Nerio-Guerrero, Prado
COUNCIL MEMBERS ABSENT:

Reynosa, Thusu
STAFF MEMBERS PRESENT:

Alaniz, Avila, Chastain, Hurtado, Iriarte, James, Lew, Montejano, Patlan, Watts

1. Work Session - 6:00 PM

1.1. Introduction of Robb Palmgren and Presentation of Top Tracer and Cover the Tees (DJ)
Assistant City Manager James introduced Monica Davis Regional Operating Executive for Kemper Sports. Davis introduced Kevin Fitsgerald Regional Sales and Marketing Director and Robb Palmgren new General Manager for Ridge Creek Golf Course.

Davis and Palmgren presented information about TopTracer and Cover the Tees as an option at Ridge Creek Golf Course.

2. OPENING CEREMONIES - 6:30 PM

2.1. Welcome and Call to Order
Mayor Nerio-Guerrero called the meeting to order at 6:30 p.m.

2.2. Invocation
Chaplain Garcia led the Invocation.

2.3. Pledge of Allegiance
Vice Mayor Prado led the Pledge of Allegiance.

3. AGENDA CHANGES OR DELETIONS
To better accommodate members of the public or convenience in the order of presentation, items on the agenda may not be presented or acted upon in the order listed. Additions to Agenda may be added only pursuant to California Government Code section 54954.2(b).

None.

4. PRESENTATIONS/CEREMONIAL MATTERS

4.1. Recognition for the retirement of Mario Estrada, Grounds Maintenance Worker I (SH)
Parks and Community Service Director Hurtado recognized Mario Estrada on his retirement after 13 years of service as a Grounds Maintenance Worker. Hurtado gave a brief history of Estrada's experience and service to the community.

Estrada was joined by his family and thanked the City for their support.

The Council gave Estrada well wishes and presented him with an appreciation plaque and certificate.

5. REQUEST TO ADDRESS COUNCIL
This portion of the meeting is reserved for any person who would like to address the Council on any item that is not on the agenda. Please be advised that State law does not allow the City Council to discuss or take any action on any issue not on the agenda. The City Council may direct staff to follow up on such item(s). Speakers are limited to three (3) minutes. If there is any person wishing to address the City Council at this time please approach the podium and state your name and nature of the request.

Rosie Renteria approached the podium to express concern about the traffic at the new High School, including the roundabout on Kamm.

Rosalie Ware approached the podium to express concern about speeding in her neighborhood. Ware is also asking for help with a stray dog in her neighborhood.

6. CONSENT CALENDAR
Matters listed under the Consent Calendar are considered routine and will be enacted by one motion and one vote. There will be no separate discussion of these items. If discussion is desired, a member of the audience or a Council Member may request an item be removed from the Consent Calendar and it will be considered separately.

6.1. SUBJECT
Approval of City Council Meeting Minutes (MA)
a

RECOMMENDATION
Council to review and approve the City Council meeting minutes of January 14, 2025 as presented.

6.2. SUBJECT
Co-sponsorship with Kaweah Health Community Outreach in hosting Dinuba Diabetes Support Group Workshops (SH)
a

RECOMMENDATION
Council approve co-sponsorship with Kaweah Health Community Outreach in hosting Diabetes Support Group workshops at the Dinuba Senior Center with proposed fees waived in the amount of $1,440.

6.3. SUBJECT
Notice of Completion - Montebella Phase 1 Subdivision (JW) a

RECOMMENDATION
Council to accept Montebella Phase 1 subdivision public improvements as complete and authorize the City Engineer to file a Notice of Completion with the Tulare County Recorder's Office.

6.4. SUBJECT
Approve Final Map and Subdivision Agreement for Empire Estates Subdivision (JW)
a

RECOMMENDATION
Council by one motion and one vote take the following actions:

1. Adopt Resolution No. 2025-10 approving the Final Map for the Empire Estates Subdivision consisting of 75 residential lots and authorize City staff to record said map; and,

2. Approve the Subdivision Development Agreement for Empire Estates and authorize the City Manager or designee to execute the agreement; and,

3. Accept the easement dedication for an easement for private irrigation use.

6.5. SUBJECT
Leadership Northern Tulare County Co-sponsorship of Annual Cinco de Mayo Event, May 1-May 4, 2025 (MA)
a

RECOMMENDATION
Council approve co-sponsorship of the Cinco de Mayo event at Rose Ann Vuich Park on May 1-May 4, 2025, and the parade downtown on May 3, 2025, hosted by the Leadership Class of Northern Tulare County.

6.6. SUBJECT
Waiver of Park Rental Fees at Felix Delgado Park for the Dinuba Lowrider Council Car Show (SH)
a

RECOMMENDATION
Council to approve the use of Felix Delgado Park to Dinuba Lowrider Council for the 2nd Annual car show and waive the park rental fees in the amount of $922 for all picnic sites and the softball field.

A motion was made by Council Member Prado , second by Council Member Launer, to review and approve the Consent Calendar as presented.

Ayes: Launer, Nerio-Guerrero, Prado

Absent: Reynosa, Thusu

7. WARRANT REGISTER

7.1. SUBJECT
Warrant Register January 17 & 24, 2025 (KS)
a

RECOMMENDATION
Council to review and approve the Warrant Register as presented.

A motion was made by Council Member Launer, second by Council Member Prado , to review and approve the Warrant Register as presented.

Ayes: Launer, Nerio-Guerrero, Prado

Absent: Reynosa, Thusu

8. DEPARTMENT REPORTS

8.1. SUBJECT
Resolution No. 2025-11 Appointing City Representative and Alternate to the Board of the East Basin Kings River Groundwater Sustainability Agency (DJ)
a

RECOMMENDATION
Council to adopt Resolution No. 2025-11 supporting the nomination of the Mayor of the City of Reedley as the City representative and the Mayor of the Dinuba City Council, or appointee member of the Dinuba City Council as alternate representative to serve on the Board of the East Basin Kings River Groundwater Sustainability Agency.

Assistant City Manager James reported that new appointments are required to serve on the Board of the East Basin Kings River Groundwater Sustainability Agency. The City of Reedley has nominated Mayor Matthew Tuttle as the City representative and the City of Dinuba also needs to nominate an alternate member to represent the city.

The Council selected Council Member Launer as the alternate representative for the City of Dinuba to continue to serve on the Board of the East Basin Kings River Groundwater Sustainability Agency.

A motion was made by Council Member Prado , second by Council Member Launer, to adopt Resolution No. 2025-11 supporting the nomination of the Mayor of the City of Reedley as the City representative and the Mayor of the Dinuba City Council, or appointee member of the Dinuba City Council as alternate representative to serve on the Board of the East Basin Kings River Groundwater Sustainability Agency.

Ayes: Launer, Nerio-Guerrero, Prado

Absent: Reynosa, Thusu

8.2. SUBJECT
Resolution No. 2025-07 Accepting 2025 Engineering and Traffic Survey and Adopting Proposed Speed Limits (JW)
a

RECOMMENDATION
Council adopt Resolution No. 2025-07 approving the traffic speed limits recommended in the 2025 Engineering and Traffic Survey.

Engineer Watts reported that the California Vehicle Code requires that engineering and traffic surveys for speed limits be conducted every five (5) years on streets that are not prima facie (25 mph). The 2025 Engineering and Traffic Survey was completed and includes proposed speed limits for major collectors and arterials.

A motion was made by Council Member Launer, second by Council Member Prado , to adopt Resolution No. 2025-07 approving the traffic speed limits recommended in the 2025 Engineering and Traffic Survey.

Ayes: Launer, Nerio-Guerrero, Prado

Absent: Reynosa, Thusu

9. MAYOR/COUNCIL REPORTS
The council shared information about the community events they attended.

10. CITY MANAGER COMMUNICATIONS
City Manager Patlan shared that he and Assistant City Manager James will attend the City Managers Conference next week. Patlan gave an update on the recent federal funding freeze and shared that Representative Macedo is hosting a Legislative Update in Tulare on Friday.

11. CITY STAFF COMMUNICATIONS
Chief Chastain gave an update on the new ladder truck and his trip to Nebraska.

Chastain shared that Engineer/Paramedic Toyota has been promoted to Fire Captain.

Chief Iriarte shared that staff have been selected for the motor traffic unit and will soon begin specialized training. Iriarte advised that his department has continued to monitor traffic at the High School.

Parks and Community Services Director Hurtado gave an update on the Sportsplex project and shared that the Open House is scheduled for February 7th.

Engineer Watts gave an update on housing construction and Viscaya Park. Watts reported that the solar streetlights have arrived and will be installed at Delgado Park this week.

Public Works Director Avila reported that his department is currently cleaning park basins and gave an update on the I and Mono Street ramp project.

12. ADJOURNMENT
Mayor Nerio-Guerrero adjourned the meeting at 7:24 p.m.

City Council Staff Report
Department: PUBLIC WORKS February 11, 2025
To: Mayor and City Council
From: George Avila, Public Works Director
By: Elva Patino, Business Manager
Subject:

Award Well 20 Improvements Project and Adopt Resolution No. 2025-12 Approving FY 24/25 Budget Amendment No. 2025-15 (GA)

RECOMMENDATION
Council by one motion take the following actions:

1. Award Well 20 Chlorination and Pump Improvements Project to Logan Bros Pump & Ag, Inc. in the amount of $168,030.94; and,

2. Adopt Resolution No. 2025-12 approving Budget Amendment No. 2025-15 for FY 24/25 in the amount of $168,030.94 to fund the subject project.

EXECUTIVE SUMMARY
Well 20 located on the southwest corner of Road 74 and Sierra Way has been out of service due to mechanical failures. Staff solicited informal bids for needed repairs to the well and recommends awarding project to Logan Bros Pump & Ag, Inc. in the amount of $168,030.94.

OUTSTANDING ISSUES
None.

DISCUSSION
Well 20 was taken out of service due to operational issues. Upon noticing the failure, staff promptly dispatched a technician to evaluate the necessary repairs required to restore the well to full functionality. After a thorough assessment, it was determined that naturally occurring debris in the water had accumulated within the well, causing a blockage in the pump bowls. This obstruction ultimately led to excessive strain on the system resulting in the snapping of the well shaft.

Well 20 is one of the cities highest-producing wells, with a pumping capacity of up to 2,000 gallons per minute. Having been in continuous operation for approximately 20 years, this well has played a crucial role in maintaining a reliable water supply for the community. This marks the first significant repair required since its commissioning.

Given the well’s critical function in the city's water infrastructure, repairs are essential.

The requested improvements include well jetting, chlorination, replacement of 4-stage bowl assembly and replacement of pump motor.

Staff solicited informal bids for the necessary improvements and received three (3) proposals. The bid results are as follows:

Logan Bros Pump & Ag, Inc. $168,030.94
Alta Pump Co. $176,051.55
Zim Industries, Inc. $196,800.53
Following a thorough evaluation, the lowest responsive bid for the Chlorination and Pump Improvements Project was submitted by Logan Bros Pump & Ag, Inc. in the amount of $168,030.94. Considering the urgency of these repairs and the well's importance to the City's water supply, staff recommends that the City Council award the contract to Logan Bros Pump & Ag, Inc. to proceed with the necessary work.

A budget amendment is also needed as the cost of these repairs was not included in the FY 2024/25 budget. Staff recommends that the City Council adopt Resolution No. 2025-12, as outlined in Attachment 'A', approving Budget Amendment 2025-15 for Fiscal Year 2024/25 in the amount of $168,030.94.

FISCAL IMPACT
The subject project will be funded by reserves in the Water Operating Fund.

PUBLIC HEARING
None.

ATTACHMENTS:

Description
A. Resolution No. 2025-12 Approving Budget Amendment No. 2025-15

City Council Staff Report
Department: FINANCE SERVICES February 11, 2025
To: Mayor and City Council
From: Karina Solis, Administrative Services Director
By: Maria Alaniz, City Clerk/Human Resources Director
Subject: Warrant Register January 31 & February 7, 2025 (KS)

RECOMMENDATION
Council to review and approve the Warrant Register as presented.

EXECUTIVE SUMMARY
None.

OUTSTANDING ISSUES
None.

DISCUSSION
None.

FISCAL IMPACT
None.

PUBLIC HEARING
None required.

ATTACHMENTS:

Description
WR 01.31.2025
WR 02.07.2025
Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net Amount Vendor 206 - ADT Security Services, Inc.
1115524703 ADT 6675 Ave. 412 Paid by Check #50730 01/13/2025 01/31/2025 01/31/2025 01/31/2025 182.82 Vendor 206 - ADT Security Services, Inc. Totals Invoices 1 $182.82 Vendor 263 - Advantek Benefit Administrators
Funding 1/24/25 Contractual Paid by Check #50731 01/24/2025 01/31/2025 01/31/2025 01/31/2025 6,869.34 Vendor 263 - Advantek Benefit Administrators Totals Invoices 1 $6,869.34 Vendor 916 - Allsteel Inc.
2450169 Fire Dep Station Remodel Paid by Check #50732 01/17/2025 01/31/2025 01/31/2025 01/31/2025 3,671.64 Vendor 916 - Allsteel Inc. Totals Invoices 1 $3,671.64
Vendor 20 - Ameritas Life Insurance
01/1/25-01/31/25 010-007745-00000 Paid by Check #50733 01/15/2025 01/31/2025 01/31/2025 01/31/2025 22,572.72 Vendor 20 - Ameritas Life Insurance Totals Invoices 1 $22,572.72 Vendor 17 - AT&T
9391054736 01/25 PD - 12/20/2024 - 01/19/2025
Billing Charges
Paid by Check #50734 01/20/2025 01/31/2025 01/31/2025 01/31/2025 131.37 Vendor 17 - AT&T Totals Invoices 1 $131.37
Vendor 2169 - Blue Line Academy LLC
0220251 PD - Norteno Gangs Training /
Juan Guzman
Paid by Check #50735 12/14/2024 01/31/2025 01/31/2025 01/31/2025 100.00 0220252 PD - Norteno Gangs Training /
Josue Silva
Paid by Check #50735 12/14/2024 01/31/2025 01/31/2025 01/31/2025 100.00 Vendor 2169 - Blue Line Academy LLC Totals Invoices 2 $200.00 Vendor 1420 - Breck's Electric Motor, Inc.
30748 brecks a-basin #1 motor Paid by Check #50736 01/22/2025 01/31/2025 01/31/2025 01/31/2025 5,590.71 Vendor 1420 - Breck's Electric Motor, Inc. Totals Invoices 1 $5,590.71 Vendor 364 - California Building Standards Commission
oct-dec 2024 California Building standards octdec 2024Paid by Check #50737 01/21/2025 01/31/2025 01/31/2025 01/31/2025 193.50 Vendor 364 - California Building Standards Commission Totals Invoices 1 $193.50 Vendor 2092 - California PPE Recon Inc
2255 Turnout Cleaning Paid by Check #50738 01/22/2025 01/31/2025 01/31/2025 01/31/2025 2,340.00 Vendor 2092 - California PPE Recon Inc Totals Invoices 1 $2,340.00 Vendor 94 - California Public Employees Retirement
12/15-12/28/24 12/15/24-12/28/24 Paid by EFT #3328 01/17/2025 01/28/2025 01/28/2025 01/28/2025 101,383.96 2025-00000240 31 - 457 - Employee CalPERS $* Paid by EFT #3326 01/17/2025 01/28/2025 01/28/2025 01/28/2025 9,843.60 Vendor 94 - California Public Employees Retirement Totals Invoices 2 $111,227.56 Vendor 274 - Code Publishing Company
GC00128849 Annual Web Fees Paid by Check #50739 01/24/2025 01/31/2025 01/31/2025 01/31/2025 830.00 Vendor 274 - Code Publishing Company Totals Invoices 1 $830.00 Vendor 170 - Comcast
0148178 01/12/25 PD 680 S ALTA AVE OFC
01/17/25-02/16/25
Paid by Check #50740 01/12/2025 01/31/2025 01/31/2025 01/31/2025 585.95 Vendor 170 - Comcast Totals Invoices 1 $585.95
Run by Anali Guerrero on 02/07/2025 09:09:27 AM Page 1 of 6 Accounts Payable Invoice Report
G/L Date Range 01/26/25 - 01/31/25
Report By Vendor - Invoice
Summary Listing
Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net Amount Vendor 1035 - De Lage Landen Public Finance
83474283 Jan/Feb 2025 Paid by EFT #3291 01/25/2025 01/31/2025 01/31/2025 01/31/2025 428.91 Vendor 1035 - De Lage Landen Public Finance Totals Invoices 1 $428.91 Vendor 71 - Department of Conservation
oct - dec 2024 Dep. of Conv. smip oct - dec 2024 Paid by Check #50741 01/21/2025 01/31/2025 01/31/2025 01/31/2025 725.28 Vendor 71 - Department of Conservation Totals Invoices 1 $725.28 Vendor 309 - Elbert Distributing
25158010 elbert distributing shop supplies Paid by Check #50742 01/22/2025 01/31/2025 01/31/2025 01/31/2025 419.40 25158020 elbert distributing shop supplies Paid by Check #50742 01/22/2025 01/31/2025 01/31/2025 01/31/2025 65.45 Vendor 309 - Elbert Distributing Totals Invoices 2 $484.85 Vendor 16 - Ernest Packaging Solutions
91092761 FY24/25-ParksMaintenance/operating/cleaning
supplies for SVS
Paid by Check #50743 01/23/2025 01/31/2025 01/31/2025 01/27/2025 01/31/2025 625.54 Vendor 16 - Ernest Packaging Solutions Totals Invoices 1 $625.54 Vendor 18 - The Gas Company
168351381871/25 SOCALGAS- 180 W Merced St Unit
A
Paid by Check #50744 01/07/2025 01/31/2025 01/31/2025 01/31/2025 214.20 Vendor 18 - The Gas Company Totals Invoices 1 $214.20
Vendor 1806 - Sergio Hernandez
Driver Op 1A Educational Reimbursement Paid by Check #50745 01/09/2025 01/31/2025 01/31/2025 01/31/2025 201.00 Vendor 1806 - Sergio Hernandez Totals Invoices 1 $201.00 Vendor 1150 - Hoffman Security
705852 FY24/25-Senior Center-Alarm
monitoring service-2/1/25-
2/28/25
Paid by Check #50746 01/20/2025 01/31/2025 01/31/2025 01/21/2025 01/31/2025 117.00 Vendor 1150 - Hoffman Security Totals Invoices 1 $117.00 Vendor 216 - Key Design Locksmithing
17365 FY24/25-Senior CenterRepair/Maint-Door lock
repair/replace
Paid by Check #50747 01/21/2025 01/31/2025 01/31/2025 01/22/2025 01/31/2025 278.18 Vendor 216 - Key Design Locksmithing Totals Invoices 1 $278.18 Vendor 1247 - Linda Launer
Reimb 1/23/24 Parking and breakfast reimb for
Sacramento trip
Paid by Check #50748 01/28/2025 01/31/2025 01/31/2025 01/31/2025 52.00 Vendor 1247 - Linda Launer Totals Invoices 1 $52.00
Vendor 281 - Law and Associates Investigations
25-010 Flaming Paid by Check #50749 01/23/2025 01/31/2025 01/31/2025 01/31/2025 800.00 Vendor 281 - Law and Associates Investigations Totals Invoices 1 $800.00 Vendor 89 - Liebert Cassidy Whitmore
284258 DI030-00001 Paid by Check #50750 12/31/2024 01/31/2025 01/31/2025 01/31/2025 220.00 284838 DI030-00023 Paid by Check #50750 12/31/2024 01/31/2025 01/31/2025 01/31/2025 1,980.00 284919 DI030-00030 Paid by Check #50750 12/31/2024 01/31/2025 01/31/2025 01/31/2025 3,536.00 Run by Anali Guerrero on 02/07/2025 09:09:27 AM Page 2 of 6 Accounts Payable Invoice Report
G/L Date Range 01/26/25 - 01/31/25
Report By Vendor - Invoice
Summary Listing
Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net Amount 284932 DI030-00031 Paid by Check #50750 12/31/2024 01/31/2025 01/31/2025 01/31/2025 1,579.00 284957 DI030-00032 Paid by Check #50750 12/31/2024 01/31/2025 01/31/2025 01/31/2025 1,082.00 Vendor 89 - Liebert Cassidy Whitmore Totals Invoices 5 $8,397.00 Vendor 1723 - Matson Alarm Co, Inc.
5812802 FY24/25-Sportsplex-Alarm
monitoring/service 2/1/25-
2/28/25
Paid by Check #50751 01/17/2025 01/31/2025 01/31/2025 01/27/2025 01/31/2025 110.77 Vendor 1723 - Matson Alarm Co, Inc. Totals Invoices 1 $110.77 Vendor 1931 - MissionSquare Plan Services
2025-00000249 30 - 457 - Employee
MissionSquare $*
Paid by EFT #3324 01/30/2025 01/30/2025 01/30/2025 01/30/2025 3,221.16 Vendor 1931 - MissionSquare Plan Services Totals Invoices 1 $3,221.16 Vendor 590 - Guadalupe Montejano
CityClerk02/2025 City Clerk Nuts & Bolts Paid by Check #50752 01/29/2025 01/31/2025 01/31/2025 01/31/2025 82.00 Vendor 590 - Guadalupe Montejano Totals Invoices 1 $82.00 Vendor 59 - Motorola Credit Corporation
8282000733 Fire Dep Station Remodel Paid by Check #50753 10/15/2024 01/31/2025 01/31/2025 01/31/2025 316.82 8282052610 Station Remodel Paid by Check #50753 01/07/2025 01/31/2025 01/31/2025 01/31/2025 25,108.41 Vendor 59 - Motorola Credit Corporation Totals Invoices 2 $25,425.23 Vendor 899 - NBS
202412-3952 January 1,2025- March 31,2025 Paid by Check #50754 12/20/2024 01/31/2025 01/31/2025 01/31/2025 3,144.31 Vendor 899 - NBS Totals Invoices 1 $3,144.31
Vendor 142 - Office Depot BSD
403565434001 OFFICE SUPPLIES Paid by Check #50755 12/18/2024 01/31/2025 01/31/2025 01/31/2025 640.28 400375625001 OFFICE SUPPLIES Paid by Check #50755 12/19/2024 01/31/2025 01/31/2025 01/31/2025 149.31 400362100001 OFFICE SUPPLIES Paid by Check #50755 01/10/2025 01/31/2025 01/31/2025 01/31/2025 (74.27) 404749925001 OFFICE SUPPLIES Paid by Check #50755 01/13/2025 01/31/2025 01/31/2025 01/31/2025 (74.27) Vendor 142 - Office Depot BSD Totals Invoices 4 $641.05 Vendor 1773 - Pace Supply Corp.
199653928 pace supplies Paid by Check #50756 07/16/2024 01/31/2025 01/31/2025 01/31/2025 3,813.46 199667209 pace supplies Paid by Check #50756 07/16/2024 01/31/2025 01/31/2025 01/31/2025 129.55 199674744 pace supplies Paid by Check #50756 07/18/2024 01/31/2025 01/31/2025 01/31/2025 167.51 199674875 pace supplies Paid by Check #50756 07/19/2024 01/31/2025 01/31/2025 01/31/2025 103.64 199541472-2 pace supplies Paid by Check #50756 07/23/2024 01/31/2025 01/31/2025 01/31/2025 1,530.67 199541472-3 pace supplies Paid by Check #50756 08/15/2024 01/31/2025 01/31/2025 01/31/2025 382.67 199754564 pace supplies Paid by Check #50756 08/20/2024 01/31/2025 01/31/2025 01/31/2025 50.00 199541472-4 pace supplies Paid by Check #50756 08/27/2024 01/31/2025 01/31/2025 01/31/2025 382.67 199754564-1 pace supplies Paid by Check #50756 08/27/2024 01/31/2025 01/31/2025 01/31/2025 5,070.21 199778295 pace supplies Paid by Check #50756 08/30/2024 01/31/2025 01/31/2025 01/31/2025 1,030.75 199833622 pace supplies Paid by Check #50756 09/19/2024 01/31/2025 01/31/2025 01/31/2025 259.46 199845362 pace supplies Paid by Check #50756 09/20/2024 01/31/2025 01/31/2025 01/31/2025 1,096.66 199845362-1 pace supplies Paid by Check #50756 09/25/2024 01/31/2025 01/31/2025 01/31/2025 41.92 Run by Anali Guerrero on 02/07/2025 09:09:27 AM Page 3 of 6 Accounts Payable Invoice Report
G/L Date Range 01/26/25 - 01/31/25
Report By Vendor - Invoice
Summary Listing
Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net Amount 199845362-2 pace supplies Paid by Check #50756 09/26/2024 01/31/2025 01/31/2025 01/31/2025 7.86 199825174-1 pace supplies Paid by Check #50756 10/02/2024 01/31/2025 01/31/2025 01/31/2025 332.60 199870113 pace supplies Paid by Check #50756 10/02/2024 01/31/2025 01/31/2025 01/31/2025 1,055.75 199845362-3 pace supplies Paid by Check #50756 10/04/2024 01/31/2025 01/31/2025 01/31/2025 210.99 199870113-1 pace supplies Paid by Check #50756 10/08/2024 01/31/2025 01/31/2025 01/31/2025 50.00 199893923 pace supplies Paid by Check #50756 10/08/2024 01/31/2025 01/31/2025 01/31/2025 584.82 199902516 pace supplies Paid by Check #50756 10/10/2024 01/31/2025 01/31/2025 01/31/2025 126.14 199920842 pace supplies Paid by Check #50756 10/18/2024 01/31/2025 01/31/2025 01/31/2025 912.76 199845362-4 pace supplies Paid by Check #50756 10/25/2024 01/31/2025 01/31/2025 01/31/2025 105.49 199957299 pace supplies Paid by Check #50756 10/30/2024 01/31/2025 01/31/2025 01/31/2025 710.81 199961541 pace supplies Paid by Check #50756 10/31/2024 01/31/2025 01/31/2025 01/31/2025 111.43 199920842-1 pace supplies Paid by Check #50756 11/01/2024 01/31/2025 01/31/2025 01/31/2025 912.76 199541472-5 pace supplies Paid by Check #50756 11/12/2024 01/31/2025 01/31/2025 01/31/2025 857.11 199825207 pace supplies Paid by Check #50756 11/19/2024 01/31/2025 01/31/2025 01/31/2025 1,142.49 Vendor 1773 - Pace Supply Corp. Totals Invoices 27 $21,180.18 Vendor 76 - Pacific Gas & Electric
4475716051801/25 PGE 180 W MERCED STE A
12/6/24-01/06/25
Paid by Check #50758 01/07/2025 01/31/2025 01/31/2025 01/31/2025 628.66 9750865237301/25 PGE 180 W MERCED STE B
12/6/24-01/6/25
Paid by Check #50759 01/07/2025 01/31/2025 01/31/2025 01/31/2025 181.77 2946520700801/25 L&L 1150 S CRAWFORD 12/09/24
-01/08/25
Paid by Check #50757 01/12/2025 01/31/2025 01/31/2025 01/31/2025 41.03 Vendor 76 - Pacific Gas & Electric Totals Invoices 3 $851.46 Vendor 7 - Pena's Disposal Services
860599 FY24/25-Parks-Yard waste
disposal fees - Rose Ann Vuich
Park
Paid by Check #50760 01/17/2025 01/31/2025 01/31/2025 01/21/2025 01/31/2025 383.98 Vendor 7 - Pena's Disposal Services Totals Invoices 1 $383.98 Vendor 1565 - Quadient Finance USA, Inc.

1.10.25 Postage Paid by Check #50761 01/10/2025 01/31/2025 01/31/2025 01/31/2025 2,500.00 Vendor 1565 - Quadient Finance USA, Inc. Totals Invoices 1 $2,500.00 Vendor 221 - Rene G. Ortega Concrete
2805 Rene Ortega Concrete N J St and
E Merced handicap ramp
Paid by Check #50762 01/22/2025 01/31/2025 01/31/2025 01/31/2025 12,800.00 Vendor 221 - Rene G. Ortega Concrete Totals Invoices 1 $12,800.00 Vendor 1526 - Robert Soria Trucking
15730 Robert Soria Base Rock Paid by Check #50763 01/23/2025 01/31/2025 01/31/2025 01/31/2025 160.00 Vendor 1526 - Robert Soria Trucking Totals Invoices 1 $160.00 Vendor 1677 - Rodeo Wild West
027901 FY24/25-Parks-Uniform
Allowance-boots-J.L. Herrera-2nd
approved
Paid by Check #50764 01/23/2025 01/31/2025 01/31/2025 01/23/2025 01/31/2025 200.00 Vendor 1677 - Rodeo Wild West Totals Invoices 1 $200.00 Run by Anali Guerrero on 02/07/2025 09:09:27 AM Page 4 of 6 Accounts Payable Invoice Report
G/L Date Range 01/26/25 - 01/31/25
Report By Vendor - Invoice
Summary Listing
Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net Amount Vendor 46 - Self Help Enterprises
DIN21HB 1/2/25 Self Help- 21 CDBG-HA-07
General Admin November24
Paid by Check #50765 01/02/2025 01/31/2025 01/31/2025 01/31/2025 4,432.39 DIN23CH 11-24 DIN23Ch Re&HB CalHome -
General Admin/Delivery Act.

November 24
Paid by Check #50765 01/02/2025 01/31/2025 01/31/2025 01/31/2025 9,195.46 DIN21RE Sept2024 DIN21RE- SEPT2024

SORORZANO, ARCHULETA,
DURAN
Paid by Check #50765 01/06/2025 01/31/2025 01/31/2025 01/31/2025 304,157.01 DIN21SL Nov2024 DIN21SL- 11/24 SEWER

LATERAL- MARTHA DURAN
LOAN#15184
Paid by Check #50765 01/06/2025 01/31/2025 01/31/2025 01/31/2025 12,551.70 DINCHPIJan-Nov24 CalHomePI Jan24-Nov24 Martha
Duran, Ofelia Archuleta, Gabriel
Ga
Paid by Check #50765 01/08/2025 01/31/2025 01/31/2025 01/31/2025 95,371.47 Vendor 46 - Self Help Enterprises Totals Invoices 5 $425,708.03 Vendor 214 - Stericycle, Inc.
8009581863 February 2025 Paid by Check #50766 01/18/2025 01/31/2025 01/31/2025 01/31/2025 164.16 Vendor 214 - Stericycle, Inc. Totals Invoices 1 $164.16 Vendor 163 - TAG/AMS Inc.
2062 tag/ams drug test sam lopez &
alejandro aldaz
Paid by Check #50767 01/15/2025 01/31/2025 01/31/2025 01/31/2025 190.00 Vendor 163 - TAG/AMS Inc. Totals Invoices 1 $190.00
Vendor 529 - Todd Companies
22491-6 Fire Department Training Facility
Training Improv #6
Paid by Check #50768 01/20/2025 01/31/2025 01/31/2025 01/31/2025 68,396.85 22491-7 Fire Department Training Facility
Training Improv #7
Paid by Check #50768 01/20/2025 01/31/2025 01/31/2025 01/31/2025 94,873.99 22491-8 Fire Department Training Facility
Training Improv #8
Paid by Check #50768 01/20/2025 01/31/2025 01/31/2025 01/31/2025 49,138.75 Vendor 529 - Todd Companies Totals Invoices 3 $212,409.59 Vendor 311 - Top Dog Training Center
1916 PD - K9 Maintenance Training
Zeus & Enzo
Paid by Check #50769 01/22/2025 01/31/2025 01/31/2025 01/31/2025 180.00 Vendor 311 - Top Dog Training Center Totals Invoices 1 $180.00 Vendor 49 - Tulare County
21107 FY24/25-Comm. Srvcs.-Engraved
plaque-M. Estrada retirement
Paid by Check #50770 01/16/2025 01/31/2025 01/31/2025 01/27/2025 01/31/2025 33.09 Vendor 49 - Tulare County Totals Invoices 1 $33.09
Vendor 815 - Tulare County Chief's Association
TCCA2025DUES PD - 2025 Annual Membership
Dues
Paid by Check #50771 01/22/2025 01/31/2025 01/31/2025 01/31/2025 250.00 Vendor 815 - Tulare County Chief's Association Totals Invoices 1 $250.00 Vendor 273 - US Bank
Run by Anali Guerrero on 02/07/2025 09:09:27 AM Page 5 of 6 Accounts Payable Invoice Report
G/L Date Range 01/26/25 - 01/31/25
Report By Vendor - Invoice
Summary Listing
Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net Amount 8693601312504 FY24/25-Park-CNG Fuel-Parks
staff vehicles
Paid by Check #50772 01/24/2025 01/31/2025 01/31/2025 01/27/2025 01/31/2025 286.95 Vendor 273 - US Bank Totals Invoices 1 $286.95
Vendor 101 - Valley Soil & Forest Products
50851 FY24/25-Parks-Maintenance-KC
Park Field Prep
Paid by Check #50773 01/21/2025 01/31/2025 01/31/2025 01/27/2025 01/31/2025 317.97 Vendor 101 - Valley Soil & Forest Products Totals Invoices 1 $317.97 Vendor 354 - Verizon Wireless
6103053211 Verizon pw Paid by Check #50777 01/07/2025 01/31/2025 01/31/2025 01/31/2025 1,124.24 6103592848 verizon admin Paid by Check #50776 01/14/2025 01/31/2025 01/31/2025 01/31/2025 268.90 6103592849 FY24/25-PCS-Multiple divisionscell phone servicePaid by Check #50778 01/14/2025 01/31/2025 01/31/2025 01/24/2025 01/31/2025 1,179.17 6103592850 Dec/Jan 2025 Paid by Check #50779 01/14/2025 01/31/2025 01/31/2025 01/31/2025 517.50 6103592851 HR/Finance 12/15/24-01/14/25 Paid by Check #50774 01/14/2025 01/31/2025 01/31/2025 01/31/2025 167.04 6103592852 CMO/Council 12/15/24-01/14/25 Paid by Check #50775 01/14/2025 01/31/2025 01/31/2025 01/31/2025 281.70 Vendor 354 - Verizon Wireless Totals Invoices 6 $3,538.55 Vendor 21 - Vestis Services LLC
503004210 FY24/25-Parks-Jacket
prep/embroidery fees-All Parks
Staff
Paid by Check #50780 01/21/2025 01/31/2025 01/31/2025 01/27/2025 01/31/2025 105.00 Vendor 21 - Vestis Services LLC Totals Invoices 1 $105.00 Grand Totals Invoices 97 $880,603.05
Run by Anali Guerrero on 02/07/2025 09:09:27 AM Page 6 of 6 Accounts Payable Invoice Report
G/L Date Range 01/26/25 - 01/31/25
Report By Vendor - Invoice
Summary Listing
Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net Amount Vendor 385 - 4 Creeks, Inc.
4C006686 4 Creeks General GIS 24/25 Paid by Check #50781 12/15/2024 02/07/2025 02/07/2025 02/07/2025 9,755.00 4C006847 4 Creeks Kamm, College, El
Monte 2024 Corridor Impv
Paid by Check #50781 12/15/2024 02/07/2025 02/07/2025 02/07/2025 13,778.50 4C006850 4 Creeks El Monte & Perry
Roundabout
Paid by Check #50781 12/15/2024 02/07/2025 02/07/2025 02/07/2025 5,658.00 4C006851 4 Creeks- ADA Transition Report
#68
Paid by Check #50781 12/15/2024 02/07/2025 02/07/2025 02/07/2025 47.50 4C006859 4 Creeks-IMS 24 Pavement
Condititons Assess. TO#77
Paid by Check #50781 12/15/2024 02/07/2025 02/07/2025 02/07/2025 251.50 4C006863 4 Creeks- SS4A Vision Zero Action
Plan #43
Paid by Check #50781 12/15/2024 02/07/2025 02/07/2025 02/07/2025 498.18 4C006865 4 Creeks- Food Mitigation 10H Paid by Check #50781 12/15/2024 02/07/2025 02/07/2025 02/07/2025 1,952.42 4C006867 4 Creeks- HSIP Cycle 11 Safety
Improvements- 10H #51 (041)
Paid by Check #50781 12/15/2024 02/07/2025 02/07/2025 02/07/2025 1,485.68 4C006869 4 Creeks-HSIP Cycle 11 Safety
Improvements- 10H #49
Paid by Check #50781 12/15/2024 02/07/2025 02/07/2025 02/07/2025 2,575.71 4C006870 4 Creeks- HSIP Cycle 11- 10H
#50 (043)
Paid by Check #50781 12/15/2024 02/07/2025 02/07/2025 02/07/2025 4,474.49 4C006693 4 Creeks Well 21 Paid by Check #50781 12/18/2024 02/07/2025 02/07/2025 02/07/2025 7,369.38 4C006913 4 creeks Viscaya Park
Improvements Project
Paid by Check #50781 12/20/2024 02/07/2025 02/07/2025 02/07/2025 36,412.34 4C007006 4 Creeks Water Master Plan Paid by Check #50781 12/23/2024 02/07/2025 02/07/2025 02/07/2025 6,319.77 Vendor 385 - 4 Creeks, Inc. Totals Invoices 13 $90,578.47 Vendor 2110 - AA Property Maintenance
0000020 AA PROPERTY WEED ABAITMENT

NEAR PATTERSON DENTAL
Paid by Check #50782 01/24/2025 02/07/2025 02/07/2025 02/07/2025 1,495.00 0000022 AA PROPERTY DISC. AND MOW Paid by Check #50782 02/03/2025 02/07/2025 02/07/2025 02/07/2025 400.00 Vendor 2110 - AA Property Maintenance Totals Invoices 2 $1,895.00 Vendor 1284 - Adams Ashby Group, Inc.
6345 ADAMS ASHBY PREPARATION OF
GRANT APPLICATION:SEWER

MASTER PLAN
Paid by Check #50783 01/15/2025 02/07/2025 02/07/2025 02/07/2025 3,000.00 Vendor 1284 - Adams Ashby Group, Inc. Totals Invoices 1 $3,000.00 Vendor 263 - Advantek Benefit Administrators
Funding 1/31/25 Miscellaneous Paid by Check #50784 01/31/2025 02/07/2025 02/07/2025 02/07/2025 8,371.82 Vendor 263 - Advantek Benefit Administrators Totals Invoices 1 $8,371.82 Vendor 555 - Maria Alaniz
San Marco2/17/25 CMC Training - San Marcos, CA Paid by Check #50785 01/27/2025 02/07/2025 02/07/2025 02/07/2025 320.00 Vendor 555 - Maria Alaniz Totals Invoices 1 $320.00
Vendor 17 - AT&T
939105474101/25 PW- Community Development
12/11/24-01/10/25
Paid by Check #50786 01/11/2025 02/07/2025 02/07/2025 02/07/2025 310.14 Vendor 17 - AT&T Totals Invoices 1 $310.14
Run by Anali Guerrero on 02/07/2025 08:14:01 AM Page 1 of 8 Accounts Payable Invoice Report
G/L Date Range 02/02/25 - 02/07/25
Report By Vendor - Invoice
Summary Listing
Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net Amount Vendor 861 - Axon Enterprise, Inc.

INUS318288 PD - Body-Worn Cameras (34) /
Payment 1 of 5
Paid by Check #50787 01/26/2025 02/07/2025 02/07/2025 02/07/2025 28,275.81 Vendor 861 - Axon Enterprise, Inc. Totals Invoices 1 $28,275.81 Vendor 1103 - Bauer Compressors, Inc.
0000331007 Supplies Paid by Check #50788 01/17/2025 02/07/2025 02/07/2025 02/07/2025 6,184.50 Vendor 1103 - Bauer Compressors, Inc. Totals Invoices 1 $6,184.50 Vendor 822 - Boundtree Medical LLC
85621500 Supplies Paid by Check #50789 01/13/2025 02/07/2025 02/07/2025 02/07/2025 216.35 85621501 Supplies Paid by Check #50789 01/13/2025 02/07/2025 02/07/2025 02/07/2025 793.72 85625234 Supplies Paid by Check #50789 01/15/2025 02/07/2025 02/07/2025 02/07/2025 16.57 85626870 Supplies Paid by Check #50789 01/16/2025 02/07/2025 02/07/2025 02/07/2025 647.54 85630525 Supplies Paid by Check #50789 01/21/2025 02/07/2025 02/07/2025 02/07/2025 57.21 85632495 Supplies Paid by Check #50789 01/22/2025 02/07/2025 02/07/2025 02/07/2025 596.73 85632496 Supplies Paid by Check #50789 01/22/2025 02/07/2025 02/07/2025 02/07/2025 20.30 85634518 Supplies Paid by Check #50789 01/23/2025 02/07/2025 02/07/2025 02/07/2025 897.40 Vendor 822 - Boundtree Medical LLC Totals Invoices 8 $3,245.82 Vendor 155 - CalBennetts & All-ways Moving
29840-0 Station Remodel Paid by Check #50790 01/30/2025 02/07/2025 02/07/2025 02/07/2025 1,500.01 Vendor 155 - CalBennetts & All-ways Moving Totals Invoices 1 $1,500.01 Vendor 1620 - Central Valley Forensic Nursing Specialists 1785 PD - Lab Service / DF2500003 Paid by Check #50791 01/31/2025 02/07/2025 02/07/2025 02/07/2025 1,200.00 Vendor 1620 - Central Valley Forensic Nursing Specialists Totals Invoices 1 $1,200.00 Vendor 1188 - Chicago Title Company
FWVI-TO250000981 CHICAGO TITLE APN/PARCEL Paid by Check #50792 01/27/2025 02/07/2025 02/07/2025 02/07/2025 500.00 Vendor 1188 - Chicago Title Company Totals Invoices 1 $500.00 Vendor 8 - City of Dinuba
2025 Softball Sponsorship Paid by Check #50793 02/03/2025 02/07/2025 02/07/2025 02/07/2025 250.00 Vendor 8 - City of Dinuba Totals Invoices 1 $250.00
Vendor 127 - City of Visalia
AR104335 PD - Animal Services / ID
#171636
Paid by Check #50794 12/31/2024 02/07/2025 02/07/2025 02/07/2025 211.00 Vendor 127 - City of Visalia Totals Invoices 1 $211.00
Vendor 170 - Comcast
0136611 01/26/25 PD - 02/01/2025 - 02/28/2025
Service
Paid by Check #50795 01/26/2025 02/07/2025 02/07/2025 02/07/2025 65.51 Vendor 170 - Comcast Totals Invoices 1 $65.51
Vendor 1273 - Cook's Communications Corp.
159730 PD - Setina Police Bike Rack Paid by Check #50796 01/28/2025 02/07/2025 02/07/2025 02/07/2025 365.90 Vendor 1273 - Cook's Communications Corp. Totals Invoices 1 $365.90 Vendor 1992 - Melvin R Cox
200093 Mel Cox shopping carts Paid by Check #50797 01/31/2025 02/07/2025 02/07/2025 02/07/2025 390.00 Run by Anali Guerrero on 02/07/2025 08:14:01 AM Page 2 of 8 Accounts Payable Invoice Report
G/L Date Range 02/02/25 - 02/07/25
Report By Vendor - Invoice
Summary Listing
Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net Amount Vendor 1992 - Melvin R Cox Totals Invoices 1 $390.00
Vendor 1576 - Creative Asphalt, Inc.
409 CREATIVE ASPHALT 972 E

ELIZABETH
Paid by Check #50798 01/16/2025 02/07/2025 02/07/2025 02/07/2025 3,368.95 410 CREATIVE ASPHALT JOB #10663 Paid by Check #50798 01/16/2025 02/07/2025 02/07/2025 02/07/2025 3,468.95 411 creative asphalt 289 w ventura st Paid by Check #50798 01/16/2025 02/07/2025 02/07/2025 02/07/2025 3,416.40 412 CREATIVE ASPHALT JOB #10666 Paid by Check #50798 01/16/2025 02/07/2025 02/07/2025 02/07/2025 1,898.00 413 CREATIVE ASPHALT JOB #10667 Paid by Check #50798 01/16/2025 02/07/2025 02/07/2025 02/07/2025 2,609.75 Vendor 1576 - Creative Asphalt, Inc. Totals Invoices 5 $14,762.05 Vendor 374 - DiBuduo & DeFendis Insurance Brokers, LLC
116393 Cyber Liability Renewal 1/25/25-
1/25/26
Paid by Check #50799 02/03/2025 02/07/2025 02/07/2025 02/07/2025 19,056.50 Vendor 374 - DiBuduo & DeFendis Insurance Brokers, LLC Totals Invoices 1 $19,056.50 Vendor 341 - Dinuba Tires LLC
074531 dinuba tires flat repair Paid by Check #50800 12/30/2024 02/07/2025 02/07/2025 02/07/2025 20.00 Vendor 341 - Dinuba Tires LLC Totals Invoices 1 $20.00
Vendor 309 - Elbert Distributing
25159680 elbert distributing inventory Paid by Check #50801 01/30/2025 02/07/2025 02/07/2025 02/07/2025 376.47 Vendor 309 - Elbert Distributing Totals Invoices 1 $376.47 Vendor 2064 - Ferguson Enterprises, LLC
0022877 FERGUSON WATER DEPT. Paid by Check #50802 01/16/2025 02/07/2025 02/07/2025 02/07/2025 202.69 0020527 ferguson meter sales Paid by Check #50802 01/20/2025 02/07/2025 02/07/2025 02/07/2025 8,375.26 Vendor 2064 - Ferguson Enterprises, LLC Totals Invoices 2 $8,577.95 Vendor 605 - Frank Guerra
Jan-Feb 2025 Anthem Reimb 01/01/25-
02/28/25
Paid by Check #50803 02/03/2025 02/07/2025 02/07/2025 02/07/2025 510.54 Vendor 605 - Frank Guerra Totals Invoices 1 $510.54
Vendor 2159 - HydroPro Solutions
0003404-IN HYDROPRO SUPPLIES Paid by Check #50804 12/30/2024 02/07/2025 02/07/2025 02/07/2025 412.30 Vendor 2159 - HydroPro Solutions Totals Invoices 1 $412.30 Vendor 974 - InfoSend, Inc.
279751 Postage Deposit Paid by Check #50805 01/31/2025 02/07/2025 02/07/2025 02/07/2025 948.48 Vendor 974 - InfoSend, Inc. Totals Invoices 1 $948.48
Vendor 796 - L.N. Curtis & Sons
INV907918 Safety Equipment Paid by Check #50806 01/22/2025 02/07/2025 02/07/2025 02/07/2025 982.01 Vendor 796 - L.N. Curtis & Sons Totals Invoices 1 $982.01 Vendor 281 - Law and Associates Investigations
25-018 PD - Background / Melanie Flores Paid by Check #50807 01/31/2025 02/07/2025 02/07/2025 02/07/2025 800.00 Vendor 281 - Law and Associates Investigations Totals Invoices 1 $800.00 Vendor 53 - League of California Cities
8168 SSJVD MEMBERSHIP DUES 2025 Paid by Check #50808 01/15/2025 02/07/2025 02/07/2025 02/07/2025 300.55 Vendor 53 - League of California Cities Totals Invoices 1 $300.55 Run by Anali Guerrero on 02/07/2025 08:14:01 AM Page 3 of 8 Accounts Payable Invoice Report
G/L Date Range 02/02/25 - 02/07/25
Report By Vendor - Invoice
Summary Listing
Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net Amount Vendor 449 - Les Schwab Tire Centers of Central California 55100356689 LES SCHWAB U-06 Paid by Check #50809 01/28/2025 02/07/2025 02/07/2025 02/07/2025 1,032.23 Vendor 449 - Les Schwab Tire Centers of Central California Totals Invoices 1 $1,032.23 Vendor 1723 - Matson Alarm Co, Inc.
5822818 City Hall Monitoring 02/01/25-
02/28/25
Paid by Check #50810 02/01/2025 02/07/2025 02/07/2025 02/07/2025 128.62 Vendor 1723 - Matson Alarm Co, Inc. Totals Invoices 1 $128.62 Vendor 1943 - Mineral King Publishing, Inc
716025 Mineral King Public Notice-MVT Paid by Check #50811 12/31/2024 02/07/2025 02/07/2025 02/07/2025 240.00 Vendor 1943 - Mineral King Publishing, Inc Totals Invoices 1 $240.00 Vendor 589 - Rosa Montanez
February 2025 Anthem Reimb 2/1/25-2/28/25 Paid by Check #50812 01/29/2025 02/07/2025 02/07/2025 02/07/2025 351.88 Vendor 589 - Rosa Montanez Totals Invoices 1 $351.88
Vendor 1853 - Kevin Moya
407 Public Works Ponding Basin Paid by Check #50813 01/27/2025 02/07/2025 02/07/2025 02/07/2025 7,500.00 408 Public Works Ponding Basin El
Monte Way & Rd 62
Paid by Check #50813 01/31/2025 02/07/2025 02/07/2025 02/07/2025 10,800.00 Vendor 1853 - Kevin Moya Totals Invoices 2 $18,300.00
Vendor 88 - Municipal Maintenance Equipment Inc.
012690 mme U-04 Paid by Check #50814 01/24/2025 02/07/2025 02/07/2025 02/07/2025 238.34 031790 mme U-04 Paid by Check #50814 01/28/2025 02/07/2025 02/07/2025 02/07/2025 231.79 Vendor 88 - Municipal Maintenance Equipment Inc. Totals Invoices 2 $470.13 Vendor 392 - O'Reilly Auto Parts
3641-241621 Vehicles Paid by Check #50815 01/05/2025 02/07/2025 02/07/2025 02/07/2025 10.19 3641-241726 Vehicles Paid by Check #50815 01/06/2025 02/07/2025 02/07/2025 02/07/2025 141.00 3641-241908 Vehicles Paid by Check #50815 01/07/2025 02/07/2025 02/07/2025 02/07/2025 106.26 3641-242080 Vehicles Paid by Check #50815 01/08/2025 02/07/2025 02/07/2025 02/07/2025 95.44 3641-242090 Vehicles Paid by Check #50815 01/08/2025 02/07/2025 02/07/2025 02/07/2025 137.36 3641-242235 Vehicles Paid by Check #50815 01/09/2025 02/07/2025 02/07/2025 02/07/2025 34.42 3641-242325 Vehicles Paid by Check #50815 01/09/2025 02/07/2025 02/07/2025 02/07/2025 10.19 3641-242463 Vehicles Paid by Check #50815 01/10/2025 02/07/2025 02/07/2025 02/07/2025 51.66 3641-243015 Vehicles Paid by Check #50815 01/13/2025 02/07/2025 02/07/2025 02/07/2025 16.29 3641-243019 Vehicles Paid by Check #50815 01/13/2025 02/07/2025 02/07/2025 02/07/2025 7.58 3641-243100 Vehicles Paid by Check #50815 01/13/2025 02/07/2025 02/07/2025 02/07/2025 65.03 3641-243130 Vehicles Paid by Check #50815 01/13/2025 02/07/2025 02/07/2025 02/07/2025 68.45 3641-244631 Vehicles Paid by Check #50815 01/21/2025 02/07/2025 02/07/2025 02/07/2025 138.06 3641-244999 Vehicles Paid by Check #50815 01/23/2025 02/07/2025 02/07/2025 02/07/2025 67.62 3641-245020 Vehicles Paid by Check #50815 01/23/2025 02/07/2025 02/07/2025 02/07/2025 33.37 3641-245109 Vehicles Paid by Check #50815 01/23/2025 02/07/2025 02/07/2025 02/07/2025 103.58 3641-245285 Vehicles Paid by Check #50815 01/24/2025 02/07/2025 02/07/2025 02/07/2025 3.39 3641-245852 Vehicles Paid by Check #50815 01/27/2025 02/07/2025 02/07/2025 02/07/2025 79.11 3641-245853 Vehicles Paid by Check #50815 01/27/2025 02/07/2025 02/07/2025 02/07/2025 34.42 Run by Anali Guerrero on 02/07/2025 08:14:01 AM Page 4 of 8 Accounts Payable Invoice Report
G/L Date Range 02/02/25 - 02/07/25
Report By Vendor - Invoice
Summary Listing
Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net Amount 3641-245866 Vehicles Paid by Check #50815 01/27/2025 02/07/2025 02/07/2025 02/07/2025 15.07 3641-245955 Vehicles Paid by Check #50815 01/27/2025 02/07/2025 02/07/2025 02/07/2025 110.56 3641-246104 Vehicles Paid by Check #50815 01/28/2025 02/07/2025 02/07/2025 02/07/2025 224.19 Vendor 392 - O'Reilly Auto Parts Totals Invoices 22 $1,553.24 Vendor 142 - Office Depot BSD
401125077-001 Supplies Paid by Check #50816 12/13/2024 02/07/2025 02/07/2025 02/07/2025 70.53 401704538001 Office Supplies - Office Depot Paid by Check #50816 12/20/2024 02/07/2025 02/07/2025 02/07/2025 42.17 401704538002 odp office supplies Paid by Check #50816 12/20/2024 02/07/2025 02/07/2025 02/07/2025 25.19 401704980001 odp office supplies Paid by Check #50816 12/20/2024 02/07/2025 02/07/2025 02/07/2025 25.19 401704984001 Office Supplies - Office Depot Paid by Check #50816 12/23/2024 02/07/2025 02/07/2025 02/07/2025 32.54 402771281001 odp office supplies Paid by Check #50816 12/23/2024 02/07/2025 02/07/2025 02/07/2025 195.23 402772259001 Office Supplies - Office Depot Paid by Check #50816 12/23/2024 02/07/2025 02/07/2025 02/07/2025 35.91 401468855001 odp office supplies Paid by Check #50816 12/30/2024 02/07/2025 02/07/2025 02/07/2025 92.55 402772257001 odp office supplies Paid by Check #50816 12/30/2024 02/07/2025 02/07/2025 02/07/2025 182.75 406950803001 office supples Paid by Check #50816 01/17/2025 02/07/2025 02/07/2025 02/07/2025 26.46 406951266001 office supplies Paid by Check #50816 01/17/2025 02/07/2025 02/07/2025 02/07/2025 61.81 406951269001 office supplies Paid by Check #50816 01/17/2025 02/07/2025 02/07/2025 02/07/2025 50.32 408577801001 Office Supplies Paid by Check #50816 01/20/2025 02/07/2025 02/07/2025 02/07/2025 105.55 407933776-001 Office Supplies Paid by Check #50816 01/21/2025 02/07/2025 02/07/2025 02/07/2025 (14.17) 408578536001 Office Supplies Paid by Check #50816 01/21/2025 02/07/2025 02/07/2025 02/07/2025 13.43 Vendor 142 - Office Depot BSD Totals Invoices 15 $945.46 Vendor 76 - Pacific Gas & Electric
1349716235701/25 PW-KAMM & GREEN AVE
12/07/24-01/07/25
Paid by Check #50818 01/09/2025 02/07/2025 02/07/2025 02/07/2025 1,455.04 5027356573401/25 PW- RANDLE AVE 12/09/24-
01/08/25
Paid by Check #50821 01/09/2025 02/07/2025 02/07/2025 02/07/2025 123.77 2073277197501/25 PW-1088 E Kamm Ave. 12/09/24-
01/08/25
Paid by Check #50850 01/10/2025 02/07/2025 02/07/2025 02/07/2025 875.08 8474719951501/25 PW- Alta & Kamm Aves 12/08/24-
01/08/25
Paid by Check #50826 01/10/2025 02/07/2025 02/07/2025 02/07/2025 57.17 8744095279101/25 PW- 301 E KAMM AVE 12/07/24-
01/07/25
Paid by Check #50827 01/10/2025 02/07/2025 02/07/2025 02/07/2025 37.21 1561888272201/25 PW 5586 AVE 416 12/11/24-
01/10/25
Paid by Check #50819 01/12/2025 02/07/2025 02/07/2025 02/07/2025 150.35 3380779542301/25 PW-2007 N CRAWFORD 12/10/24
-01/09/25
Paid by Check #50820 01/13/2025 02/07/2025 02/07/2025 02/07/2025 1,617.24 0915078178001/25 PW 12/14/2024-01/14/2025 Paid by Check #50817 01/14/2025 02/07/2025 02/07/2025 02/07/2025 1,901.42 4323390246901/25 L & L CITRUS HEIGHTS VENTURA
AND O 12/14/24-01/14/25
Paid by Check #50835 01/14/2025 02/07/2025 02/07/2025 02/07/2025 80.73 6407995725001/25 PW- Various 12/1224-01/12/25 Paid by Check #50823 01/14/2025 02/07/2025 02/07/2025 02/07/2025 44,134.66 7232679737901/25 PW- Various 12/14/24-01/14/25 Paid by Check #50825 01/14/2025 02/07/2025 02/07/2025 02/07/2025 18,142.76 8543598174201/25 L & L 12/14/24-01/14/25 Paid by Check #50841 01/14/2025 02/07/2025 02/07/2025 02/07/2025 593.18 9018373735301/25 L & L DUNMORE HOMES VISCAYA
1 AT SAGINA 12/14/24-01/14/25
Paid by Check #50842 01/14/2025 02/07/2025 02/07/2025 02/07/2025 1,190.32 Run by Anali Guerrero on 02/07/2025 08:14:01 AM Page 5 of 8 Accounts Payable Invoice Report
G/L Date Range 02/02/25 - 02/07/25
Report By Vendor - Invoice
Summary Listing
Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net Amount 9179222553301/25 PW-Various 12/14/24-01/14/25 Paid by Check #50829 01/14/2025 02/07/2025 02/07/2025 02/07/2025 1,072.23 9196176758801/25 L & L SIERRA WAY AND BUENA
VISTA AVE 12/14/24-01/14/25
Paid by Check #50844 01/14/2025 02/07/2025 02/07/2025 02/07/2025 123.64 3166578419001/25 3007 W Kamm Ave 12/17/24-
01/15/25
Paid by Check #50846 01/16/2025 02/07/2025 02/07/2025 02/07/2025 73.08 6402990649801/25 PD - 12/17/2024 - 01/15/2025
Billing Charges
Paid by Check #50845 01/16/2025 02/07/2025 02/07/2025 02/07/2025 11.82 8866956432501/25 PW- NW SE SW 18 16 24
12/17/24-01/15/25
Paid by Check #50828 01/16/2025 02/07/2025 02/07/2025 02/07/2025 31.68 9548749847901/25 PW- Alta & Nebraska Ave
12/11/24-01/10/25
Paid by Check #50830 01/16/2025 02/07/2025 02/07/2025 02/07/2025 115.37 5949665550301/25 PW- 6675 AVE 412 Paid by Check #50822 01/17/2025 02/07/2025 02/07/2025 02/07/2025 24.64 6744215678101/25 PW-6675 AVE 412 12/17/24-
01/15/25
Paid by Check #50824 01/17/2025 02/07/2025 02/07/2025 02/07/2025 5,771.27 5022214690901/25 L & L PARKSIDE VILLAGE PHASE
I 12/20/24-01/18/25
Paid by Check #50837 01/18/2025 02/07/2025 02/07/2025 02/07/2025 269.28 2459524157101/25 L & L NORTHRIDGE W/EATON
12/23/24-01/22/25
Paid by Check #50833 01/23/2025 02/07/2025 02/07/2025 02/07/2025 3.06 5438816975401/25 L & L NEWTON & NORTHRIDGE
12/23/24-01/22/25
Paid by Check #50838 01/23/2025 02/07/2025 02/07/2025 02/07/2025 89.79 9146744205801/25 L & L DAVIS E/ALTA AVE
12/23/24-01/22/25
Paid by Check #50843 01/23/2025 02/07/2025 02/07/2025 02/07/2025 16.53 0766265341401/25 L & L 1300 ROSEMARY AVE
12/24/24-01/23/25
Paid by Check #50831 01/24/2025 02/07/2025 02/07/2025 02/07/2025 114.00 1594680195601/25 Parks-855 E El Monte Way
12/2/24-01/23/25
Paid by Check #50832 01/24/2025 02/07/2025 02/07/2025 02/07/2025 517.96 3600674390401/25 L & L 697 N LINCOLN AVE
12/24/25-01/23/25
Paid by Check #50834 01/24/2025 02/07/2025 02/07/2025 02/07/2025 11.55 4979039280401/25 DSC 12/24/24-01/23/25 Paid by Check #50836 01/24/2025 02/07/2025 02/07/2025 02/07/2025 1,314.03 5564264294001/25 L & L 12/24/24-01/23/25 Paid by Check #50839 01/24/2025 02/07/2025 02/07/2025 02/07/2025 52.75 6782667017501/25 L & L ALICE & W NORTH WAY
12/24/24-01/23/25
Paid by Check #50840 01/24/2025 02/07/2025 02/07/2025 02/07/2025 149.78 0021138281701/25 765 W Nebraska Ave 12/27/24-
01/27/24
Paid by Check #50847 01/28/2025 02/07/2025 02/07/2025 02/07/2025 3.45 7022723403901/25 1480 W El Monte Way 12/27/24-
01/27/25
Paid by Check #50848 01/28/2025 02/07/2025 02/07/2025 02/07/2025 435.87 9001498229301/25 405 E El Monte Way 12/26/24-
01/26/25
Paid by Check #50849 01/28/2025 02/07/2025 02/07/2025 02/07/2025 1,515.78 Vendor 76 - Pacific Gas & Electric Totals Invoices 34 $82,076.49 Vendor 650 - Mark Pearce
January 2025 Anthem Reimb 1/01/25-1/31/25 Paid by Check #50851 02/03/2025 02/07/2025 02/07/2025 02/07/2025 286.90 Vendor 650 - Mark Pearce Totals Invoices 1 $286.90
Vendor 688 - Rogelio Ramirez
January 2025 Anthem Reimb 1/01/25-1/31/25 Paid by Check #50852 01/27/2025 02/07/2025 02/07/2025 02/07/2025 391.79 Vendor 688 - Rogelio Ramirez Totals Invoices 1 $391.79
Run by Anali Guerrero on 02/07/2025 08:14:01 AM Page 6 of 8 Accounts Payable Invoice Report
G/L Date Range 02/02/25 - 02/07/25
Report By Vendor - Invoice
Summary Listing
Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net Amount Vendor 349 - RES COM Pest Control
2292614 PD - Pest Control Service Paid by Check #50853 01/27/2025 02/07/2025 02/07/2025 02/07/2025 48.00 Vendor 349 - RES COM Pest Control Totals Invoices 1 $48.00 Vendor 46 - Self Help Enterprises
1/20/25 Preparation of 2024 CalHome
Super NOFA Application
Paid by Check #50854 01/20/2025 02/07/2025 02/07/2025 02/07/2025 4,000.00 DIN21HB 1/20/25 21-CDBG-HA-07 General Admin/
Act. Deliv. December 2024
Paid by Check #50854 01/20/2025 02/07/2025 02/07/2025 02/07/2025 1,352.52 DIN21RE 9/24 21CDBG-HA-06 Gen Admin&Act.

Deliv. 12/24
Paid by Check #50854 01/20/2025 02/07/2025 02/07/2025 02/07/2025 4,520.01 DINCHPI 12/24 CalHome PI- Gen Admin & Act
Del. December 2024
Paid by Check #50854 01/20/2025 02/07/2025 02/07/2025 02/07/2025 666.43 Vendor 46 - Self Help Enterprises Totals Invoices 4 $10,538.96 Vendor 1691 - Serviam by Wright LLP
32842 740 Harvard-Services for
December 2024
Paid by Check #50855 01/01/2025 02/07/2025 02/07/2025 02/07/2025 2,817.50 Vendor 1691 - Serviam by Wright LLP Totals Invoices 1 $2,817.50 Vendor 431 - Sparkletts
5080520 013025 PD - Water Cooler Service Paid by Check #50856 01/30/2025 02/07/2025 02/07/2025 02/07/2025 178.25 Vendor 431 - Sparkletts Totals Invoices 1 $178.25
Vendor 247 - State Center Community College District
18921940-41 PD - POST Supervisor Section
33985 / Moises Estrada
Paid by Check #50857 02/03/2025 02/07/2025 02/07/2025 02/07/2025 293.19 Vendor 247 - State Center Community College District Totals Invoices 1 $293.19 Vendor 2084 - Superior Plus Energy Services Inc
21286345 SUPERIOR PLUS PROPANE Paid by Check #50858 05/30/2024 02/07/2025 02/07/2025 02/07/2025 574.22 Vendor 2084 - Superior Plus Energy Services Inc Totals Invoices 1 $574.22 Vendor 1447 - Monte Sylvester
January 2025 Anthem Reimb 1/01/25-1/31/25 Paid by Check #50859 01/29/2025 02/07/2025 02/07/2025 02/07/2025 432.10 Vendor 1447 - Monte Sylvester Totals Invoices 1 $432.10 Vendor 92 - Target Specialty Products
INVP501733690 target specialty supplies Paid by Check #50860 01/13/2025 02/07/2025 02/07/2025 02/07/2025 2,792.93 INVP501733696 TARGET SPECIALIY SUPPLIES Paid by Check #50860 01/13/2025 02/07/2025 02/07/2025 02/07/2025 1,065.84 INVP501734310 target specialties landscape and
aquatic
Paid by Check #50860 01/14/2025 02/07/2025 02/07/2025 02/07/2025 2,131.68 INVP501734312 TARGET SPECIALTIES SUPPLIES Paid by Check #50860 01/14/2025 02/07/2025 02/07/2025 02/07/2025 2,100.13 INVP501734449 TARGET SPECIALTIES SPRAY
GUN
Paid by Check #50860 01/14/2025 02/07/2025 02/07/2025 02/07/2025 157.35 Vendor 92 - Target Specialty Products Totals Invoices 5 $8,247.93 Vendor 1633 - Toyota Industries Commercial Finance, Inc. 4004344043 toyota lease Paid by Check #50861 01/14/2025 02/07/2025 02/07/2025 02/07/2025 950.73 Vendor 1633 - Toyota Industries Commercial Finance, Inc. Totals Invoices 1 $950.73 Vendor 49 - Tulare County
Run by Anali Guerrero on 02/07/2025 08:14:01 AM Page 7 of 8 Accounts Payable Invoice Report
G/L Date Range 02/02/25 - 02/07/25
Report By Vendor - Invoice
Summary Listing
Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net Amount 21130 Plaques - Miller and Greco Paid by Check #50862 01/30/2025 02/07/2025 02/07/2025 02/07/2025 86.80 Vendor 49 - Tulare County Totals Invoices 1 $86.80
Vendor 101 - Valley Soil & Forest Products
50856 valley soil fill sand Paid by Check #50863 01/22/2025 02/07/2025 02/07/2025 02/07/2025 672.70 Vendor 101 - Valley Soil & Forest Products Totals Invoices 1 $672.70 Vendor 1434 - Vast Networks
59724 12/01/2024-12/31/2024

INTERNET
Paid by Check #50864 12/01/2024 02/07/2025 02/07/2025 02/07/2025 4,750.76 61426 02/01/25-02/29/25 Internet Paid by Check #50864 01/01/2025 02/07/2025 02/07/2025 02/07/2025 4,657.10 Vendor 1434 - Vast Networks Totals Invoices 2 $9,407.86 Vendor 2062 - W & E Electric
2501085 W & E INSTALLED CORD ON HOT

WATER CIRCULATING PUMP
Paid by Check #50865 01/24/2025 02/07/2025 02/07/2025 02/07/2025 161.60 Vendor 2062 - W & E Electric Totals Invoices 1 $161.60
Vendor 2072 - Wells Fargo Vendor Financial Services LLC 5033007892 Feb/Mar 2025 Paid by Check #50866 01/25/2025 02/07/2025 02/07/2025 02/07/2025 115.01 Vendor 2072 - Wells Fargo Vendor Financial Services LLC Totals Invoices 1 $115.01 Vendor 1313 - Yepez Plumbing
09706 YEPEZ REPAIR CUT WATER LINE Paid by Check #50867 01/07/2025 02/07/2025 02/07/2025 02/07/2025 415.08 Vendor 1313 - Yepez Plumbing Totals Invoices 1 $415.08
Grand Totals Invoices 157 $334,127.50
Run by Anali Guerrero on 02/07/2025 08:14:01 AM Page 8 of 8 Accounts Payable Invoice Report
G/L Date Range 02/02/25 - 02/07/25
Report By Vendor - Invoice
Summary Listing
City Council Staff Report
Department: ENGINEER/PLANNING February 11, 2025
To: Mayor and City Council
From: Jason Watts, Dinuba City Engineer
Subject: Clean California Grant - Entertainment Plaza Renovation (JW)

RECOMMENDATION
Council to review design for the Entertainment Plaza renovations and provide input on overall scope of improvements.

EXECUTIVE SUMMARY
The City received a $2.9 million grant through the Clean CA program for renovations to the Entertainment Plaza Park downtown. 4Creeks has prepared a design that would enhance the amenities at the plaza and seeking input and direction from the City Council before finalizing the design.

OUTSTANDING ISSUES
None.

DISCUSSION
The City of Dinuba applied for, and was awarded a $2,926,000 grant in 2024 for the Dinuba Entertainment Plaza Renovations & Beautification Project through the Clean California Local Grant Program (Clean CA). Clean CA is a statewide initiative aimed at beautifying and revitalizing local streets, roads, pathways, transit centers, and other public spaces. The Entertainment Plaza was identified as an impactful project as the new designs will help improve and expand on the existing amenities at the plaza. The goal is to create a welcoming atmosphere for all age groups and encourage the space as a central gathering spot that hosts numerous events throughout the year. 4Creeks was retained to prepare design elements consistent with community goals as outlined in the Entertainment Plaza Master Plan, as well as the grant requirements. As reflected in the design enclosed herein as Attachment 'A', the proposed renovations focus on creating four distinct areas including citizen's row, kids play area, amphitheater and passive grass area, and multi-purpose zone. The design elements include palm trees, lighting and benches highlighting the Citizen's Row area; playground equipment with covered shade sails; new amphitheater for entertainment, and multi-purpose area for vendors and passive seating. Other improvements include new trees and plants, lighting, permanent and portable seating, and signage.

Staff is seeking input and approval from City Council on the design before beginning work on finalizing construction drawings and soliciting bids. The goal is to award bid in late Spring with the renovations to be completed in the summer.

FISCAL IMPACT
This project is 100% funded by the Clean California Local Grant Program with no matching funds.

PUBLIC HEARING
None
ATTACHMENTS:

Description
A. Entertainment Plaza Overall Aerial
B. Entertainment Plaza Individual Aerials

SITE AERIAL
SCALE: 1” = 40’-0”
N
0 20 40 80

ENTERTAINMENT PLAZA
SCALE: 1” = 20’-0”
N

KID ZONE
SCALE: 1” = 20’-0”
N

LEISURE ZONE
SCALE: 1” = 20’-0”
N

VENDOR SQUARE
SCALE: 1” = 20’-0”
N
Hanging lights Table (Typ.)
Cypress Trees (Typ.)
Local Art (Typ.)
Shade Awning (50%)
Pillars like
golf course Fencing to match planters

CITIZENS ROW
SCALE: 1” = 20’-0”
N
City Council Staff Report
Department: FINANCE SERVICES February 11, 2025
To: Mayor and City Council
From: Karina Solis, Administrative Services Director
Subject:

Annual Comprehensive Financial Report (ACFR) for Fiscal Year 2023- 2024 (KS)

RECOMMENDATION
Council to receive and accept the City of Dinuba's Annual Comprehensive Financial Report (ACFR) for the year ended June 30, 2024.

EXECUTIVE SUMMARY
The city retained Badawi and Associates to conduct an independent audit report of the Annual Comprehensive Financial Report (ACFR) for fiscal year 2023/2024.

Ahmed Badawi, CPA, the President of Badawi and Associates will be presenting the audit report for review and acceptance by the City Council.

OUTSTANDING ISSUES
None.

DISCUSSION
The attached 2023/2024 fiscal year Annual Comprehensive Financial Report represents the City's financial, operational and current economic condition for the fiscal year ending June 30, 2024. The City's financial statements for this period have been audited by Badawi and Associates, the City's independent audit firm. The independent Auditors Report has been incorporated into the ACFR document. This item is presented to City Council each year for review and acceptance.

State law requires the City of Dinuba to prepare a complete set of audited financial statements. The attached 2023/2024 ACFR fulfills this requirement.

The Finance Department completed the Annual Comprehensive Financial Report (ACFR) for Fiscal Year 2023/2024. The ACFR is a thorough and detailed presentation of the city’s financial condition for a given fiscal year that is in compliance with the accounting requirements established by the Governmental Accounting Standards Board (GASB). The ACFR was audited by Badawi and Associates an independent auditor using generally accepted government auditing standards.

The ACFR consists of three sections: Introductory, Financial and Statistical. The Introductory section orients and guides the reader through the report. The Financial section presents the entity’s basic financial statements as well as notes to the statements and the independent auditors’ report. The Statistical section provides additional financial and statistical data, including data about financial trends that may better inform the reader about the government’s activities. A copy of the audited Annual Comprehensive Financial Report for Fiscal Year 2023/2024 is enclosed as Attachment ‘A’.

In summary, the Independent Auditor's Report reflects an unmodified ‘clean’ audit of the city's basic financial statements for fiscal 2023/2024.

FISCAL IMPACT
None.

PUBLIC HEARING
None.

ATTACHMENTS:

Description
A. Annual Comprehensive Financial Report
ANNUAL

COMPREHENSIVE

FINANCIAL
REPORT
2023 -2 024
FOR THE FISCAL YEAR JULY 1, 2023 TO JUNE 30, 2024

FOR THE FISCAL YEAR ENDED JUNE 30, 2024
City of Dinuba, California

Prepared by the Finance Department

ANNUAL COMPREHENSIVE

FINANCIAL REPORT
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North L Street Dinuba
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City of Dinuba
Annual Comprehensive Financial Report
For the year ended June 30, 2024
Table of Contents
Page

INTRODUCTORY SECTION
Table of Contents ............................................................................................................................................................ i Letter of Transmittal ...................................................................................................................................................... v GFOA Certificate of Achievement of Excellence in Financial Reporting ............................................................ xii Organization Chart & Principal Officials ............................................................................................................... xiii

FINANCIAL SECTION
Independent Auditor’s Report ................................................................................................................................... 1 Management’s Discussion and Analysis .................................................................................................................. 5 Basic Financial Statements:

Government-Wide Financial Statements:

Statement of Net Position ..................................................................................................................................... 23 Statement of Activities .......................................................................................................................................... 24 Fund Financial Statements:

Governmental Fund Financial Statements:

Balance Sheet ...................................................................................................................................................... 29 Reconciliation of the Governmental Funds Balance Sheet
to the Government-Wide Statement of Net Position ................................................................................. 30 Statement of Revenues, Expenditures and
Changes in Fund Balances ............................................................................................................................. 31 Reconciliation of the Governmental Funds Statement of Revenues, Expenditures, and changes in Fund Balances to the Government-Wide Statement of Activities ................................................................................................................................... 32 Proprietary Fund Financial Statements:

Statement of Net Position ................................................................................................................................ 34 Statement of Revenues, Expenses and Changes in Net Position ................................................................ 36 Statement of Cash Flows ................................................................................................................................... 38 Fiduciary Fund Financial Statements:

Statement of Fiduciary Net Position................................................................................................................ 40 Statement of Changes in Fiduciary Net Position ........................................................................................... 41 Notes to the Basic Financial Statements ................................................................................................................ 45 i
City of Dinuba
Annual Comprehensive Financial Report
For the year ended June 30, 2024
Table of Contents
Page
FINANCIAL SECTION (Continued)
Required Supplementary Information:

Schedule of Revenues, Expenditures and Changes in
Fund Balances – Budget and Actual:

General Fund ...................................................................................................................................................... 97 HUD Grants ........................................................................................................................................................ 98 Schedule of the Proportionate Share of the Net Pension Liability and Related Ratios ................................ 100 Schedule of Plan’s Contributions ......................................................................................................................... 102 Schedule of Changes in the Total OPEB Liability and Related Ratios ............................................................ 104 Notes to Required Supplementary Information ................................................................................................ 106 Supplementary Information:

Major Capital Project Fund:

Statement of Revenues, Expenditures and Changes in
Fund Balances – Budget and Actual:

Transportation Construction ....................................................................................................................... 109 Nonmajor Governmental Funds:

Combining Balance Sheet ................................................................................................................................... 114 Combining Statement of Revenues, Expenditures and Changes in Fund Balance .................................... 118 Statements of Revenues, Expenditures and Changes in
Fund Balances – Budget and Actual:

Housing Authority ........................................................................................................................................... 122 ARPA ................................................................................................................................................................. 123 2020 PLHA ........................................................................................................................................................ 124 Public Safety Sales Tax .................................................................................................................................... 125 Gas Tax .............................................................................................................................................................. 126 Parks Reserve .................................................................................................................................................... 127 Transportation .................................................................................................................................................. 128 System Development Charges ....................................................................................................................... 129 Community Enhancement Grants ................................................................................................................. 130 Assessment Districts ........................................................................................................................................ 131 Road Repair and Accountability Act of 2017 (SB1) Fund ........................................................................... 132 ii
City of Dinuba
Annual Comprehensive Financial Report
For the year ended June 30, 2024
Table of Contents
Page
FINANCIAL SECTION (Continued)
Supplementary Information, Continued
General Construction ....................................................................................................................................... 133 Vocational Center ............................................................................................................................................. 134 MTBE ................................................................................................................................................................. 135 Financing Authority ........................................................................................................................................ 136 General Debt Service ....................................................................................................................................... 137 Nonmajor Enterprise Funds:

Combining Statement of Net Position ........................................................................................................... 141 Combining Statement of Revenues, Expenses and Changes in Net Position .......................................... 142 Combining Statement of Cash Flows ............................................................................................................ 143 Internal Service Funds:

Combining Statement of Net Position ........................................................................................................... 147 Combining Statement of Revenues, Expenses and Changes in Net Position .......................................... 148 Combining Statement of Cash Flows ............................................................................................................ 149 STATISTICAL SECTION (Unaudited)
Statistical Section Description ............................................................................................................................... 153 Financial Trends Information:

Net Position by Component .............................................................................................................................. 155 Changes in Net Position ..................................................................................................................................... 156 Fund Balances of Governmental Funds ........................................................................................................... 160 Changes in Fund Balances Governmental Funds ........................................................................................... 162 Government-Wide Revenues ............................................................................................................................. 164 General Government Revenues by Source ...................................................................................................... 165 Revenue Capacity Information:

Property Ad Valorem Tax Assessed Values .................................................................................................... 166 Principal Property Taxpayers ............................................................................................................................ 167 Direct and Overlapping Property Tax Rates ................................................................................................... 168 Property Tax Levies and Collections ................................................................................................................ 169 iii
City of Dinuba
Annual Comprehensive Financial Report
For the year ended June 30, 2024
Table of Contents
Page
STATISTICAL SECTION (Unaudited), Continued
Debt Capacity Information:

Ratios of Outstanding Debt by Type ................................................................................................................ 170 Ratios of General Bonded Debt Outstanding .................................................................................................. 171 Statement of Direct and Overlapping Debt ..................................................................................................... 172 Computation of Legal Debt Margin ................................................................................................................. 173 Pledged Revenue Coverage ............................................................................................................................... 174 General Bonded Indebtedness Maturities by Fiscal Year .............................................................................. 175 Demographic and Economic Information:

Population and Unemployment Rate ............................................................................................................... 176 Principal Employers ............................................................................................................................................ 177 Employees by Function (Full-Time Equivalents) ........................................................................................... 178 Construction Activity ......................................................................................................................................... 179 Tulare County Crop Statistics ............................................................................................................................ 180 Operating Information:

Capital Assets Used ............................................................................................................................................ 181 Demands for City Services ................................................................................................................................. 182 General Governmental Expenditures by Function ......................................................................................... 183 Sales Tax Rates ..................................................................................................................................................... 184 Top 25 Sales Tax Generators .............................................................................................................................. 185 Sales Tax Amounts in Benchmark Year ........................................................................................................... 186 Schedule of Insurance in Force .......................................................................................................................... 187 iv
February 6, 2025
To the Honorable Mayor, City Council and Citizens of the City of Dinuba:

The Annual Comprehensive Financial Report (ACFR) of the City of Dinuba, for the fiscal year ended June 30, 2024, is hereby submitted as mandated by both local ordinances and state statutes. These ordinances and statutes require that the City of Dinuba issue annually a report on its financial position and activity, and that an independent firm of certified public accountants audit this report. The accounting firm of Badawi and Associates of Berkeley, California, was retained by the City to perform the audit of financial records for the fiscal year ended June 30, 2024. The audit was designed to meet the requirements of the federal Single Audit Act of 1984, as amended and related OMB Circular A-133. The auditors report on the fair presentation of the financial statements, the internal controls, and compliance with legal requirements and have issued an unmodified (“clean”) opinion on Dinuba’s financial statements.

Responsibility for both the accuracy of the data and the completeness and fairness of the presentation, including all disclosures, rests with management. To the best of our knowledge and belief, the enclosed data are accurate in all material respects and are reported in a manner that presents fairly the financial position and results of operations of the various funds and component units of the City. All disclosures necessary to enable the reader to gain an understanding of the City’s activities have been included.

Management’s discussion and analysis (MD&A) follows the independent auditor’s report and provides a narrative introduction, overview, and analysis of the basic financial statements. The MD&A complements this letter of transmittal and should be read in conjunction with it.

Government Profile
The financial reporting entity (the government) includes all the funds of the primary government (i.e., the City of Dinuba as legally defined), as well as all of its component units. Component units are legally separate entities for which the primary government is financially accountable.

Blended component units, although legally separate entities, are, in substance, part of the primary government’s operations and are included as part of the primary government; the Dinuba Financing Authority qualifies as a blended component unit in this regard. City Council members serve as the governing board of the Authority, and the City Manager serves as the Executive Director of the Authority.

The City of Dinuba is situated in the northern part of Tulare County, near the Fresno County line. Roughly, 180 miles north of Los Angeles and 200 miles south of San Francisco, the City lies in the heart of California’s agriculturally rich San Joaquin Valley, near the Sierra Nevada Mountain Range.

Dinuba was established in 1888 with the coming of the railroad and was incorporated in 1906. Because of Dinuba’s rich agricultural area, it grew quickly into a thriving community as people from outlying areas moved closer to the railroad shipping area.

Since its founding, Dinuba has had consistent growth, increasing from 970 persons in 1910 to a 2023 population of 25,467 among the eight incorporated cities of Tulare County, Dinuba ranks fourth in population.

The City, until 1994, operated under the General Laws of the State of California. The voters adopted the City Charter on June 4, 1994, and by the Secretary of State on July 7, 1994. The Charter gives the City government greater latitude in carrying out its operations and enables the City to operate more efficiently.

Springtime in Dinuba is filled with the fragrance of blossoms from the surrounding orchards. Dinuba’s warm summer days bring forth the abundance of produce that keeps the packinghouses and shippers busy during the summer months. Mild temperatures year-round enhance the dairy industry in the surrounding area as well.

The Dinuba area is one of the San Joaquin Valley’s most productive agricultural spots.

The variety of crops includes cotton, nuts, vegetables, and fruits, such as grapes, raisins, plums, peaches, nectarines, and citrus. Raisins are a major product in the Dinuba area, where 40 percent of the world’s raisins are grown and dried, a total of approximately 300,000 tons annually. Table grapes and wine are also major products. The City of Dinuba is in Tulare County; a table in the Statistical Section lists the major crops raised in Tulare County and the gross value of the crops in the previous calendar year.

Although agriculture is Dinuba’s predominant activity, the community has had a modest commercial and industrial base for many years. Dinuba is home to the headquarters of Ruiz Food Products, Incorporated, which prepares frozen Mexican foods and distributes them worldwide. It is also home to the West Coast Distribution Facility for Best Buy, Inc. and Patterson Logistics, Inc. This concentration of employers attracts more residents, which in turn draws additional commercial businesses. This has been evidenced through continued strength of the building sector in Dinuba. Because of its unparalleled agricultural base and its expanding industrial site, Dinuba is a community with a progressive and diverse economy.

The City has a Council-Manager form of government. There are five Council members who serve overlapping terms of four years and the Council in turn elects one of the Council members to serve as the Mayor for a term of two years. The Council engages a City Manager and a City Attorney. The Manager is the chief executive officer of the City, and it is the City Manager’s responsibility to hire department managers for each of the City functions. Such person also proposes the annual budgets, coordinates and oversees all activities of the organization, and implements the policies, budgets, and laws adopted by the City Council. The Dinuba Redevelopment Agency was created on vi
June 12, 1984, by an Ordinance of the City Council, pursuant to the California Community Redevelopment Law. With the dissolution of redevelopment agencies by the state, Tulare County Oversite Board has assumed the role of the board to the Successor Agency of the City of Dinuba.

Local Economy
The economic climate in Dinuba is stabilizing after the pandemic. Over the past 5 years, sales tax from the top 10 non-online businesses dropped from approximately $2.05 million in 2023 to $1.95 million in 2024. In the past year, a decline of 5% is indicating a change in the overall economic climate, which focuses in particular in decreases to retail, auto sales, and construction.

For the past five years, the online sales tax revenue had been the largest source of revenues for the City of Dinuba’s general fund. In September 2023, the California Department of Tax and Fee Administration (CDTFA) completed an audit of the online sales tax and informed the City of the intent to change the allocation of online sales tax which would result in a substantial reduction of sales tax to the City.

Aside from the reallocation going forward, the CDTFA has also indicated that they intend to ‘claw back’ what they have deemed appropriate back to January 2021. The Management Discussion and Analysis (MD&A) and financials represent the City’s efforts to prudently set aside the money that is in question, in the event that the CDTFA’s decision is upheld. However, the City strongly disagrees with the decision and has submitted an appeal of the determination.

In the 2023-2024 fiscal year the City of Dinuba’s Public Works Department issued a total of 890 building permits. A total of 752 of those permits were residential and 138 were for commercial projects. The total valuation for all permits issued was $47,462,162. There are currently five residential developments that are being built in Dinuba. These include developments that are below market, market, and above market. There are several other residential developments that are working their way through the development process. vii
Property values saw a slight uptick in fiscal year 2023-2024. The continued growth in new residential and commercial permits is anticipated to continue to reflect in the assessed values going forward and will be apparent in the property tax rolls in future years.

Current Major Initiatives.

During fiscal year 2023-2024 the City’s Public Works Department completed several capital improvements projects. They include:
• Entertainment Plaza Restroom Improvements Project: Entertainment Plaza serves as a hub for numerous community events, and this project was essential in enhancing the facility to better meet the needs of the community. The improvements included concrete work, minor backflow adjustments, site enhancements, and the purchase and installation of a pre-cast 4-door Dakota restroom unit. Funding for this project came from a Parks and Recreation grant, Park Impact fees, and ARPA funds. • Street Rehabilitation Project: This project involved various preventative maintenance techniques aimed at extending the lifespan of pavement on multiple streets in Dinuba and slowing their deterioration. The work included installing wheel stops in accessible parking spaces, conducting asphalt dig outs, applying skin patch asphalt repairs, filling cracks, applying Type II slurry seals, and updating road striping.

Streets receiving these improvements included Euclid Avenue (from Saginaw Avenue to Roosevelt Elementary and from El Monte Way to North Way), Tulare Street (from Alta Avenue to the Dinuba Fire Station), L Street (from Fresno Street to Ventura Street), and Uruapan Way (from Alta Avenue to Tulare Street). The project was funded through a combination of ARPA funds, SB1 funds, and local resources as part of the 2022-2023 budget.
viii
• Wastewater Treatment Plant Clarifier Project: This project involved the construction of a new 65-foot diameter circular clarifier with spiral blade rake arms, a concrete diversion structure with three downward-opening weir gates mounted on the new concrete structure, gravel placement, and various site improvements. The addition of the new clarifier increases treatment capacity and allows for maintenance on the two existing clarifiers. The project was funded through Sewer Operating Reserves, Sewer Impact Fees, and ARPA Funds.
 Street Rehabilitation Project #2: This project involved the reconstruction of pavement at various intersections and streets throughout Dinuba, the installation of sewer facilities at the El Monte Way and Crawford Avenue intersection, and the demolition of a concrete subsurface in the L Street alley. The specific intersections and streets included were:
o Intersection at Sierra Way and Englehart Avenue
o Intersection at El Monte Way and Crawford Avenue
o Intersection at Nebraska Avenue and Englehart Avenue
o Emperor Estates Alley Extension form Mariposa Street to Alta Avenue o Alley east of L Street from Tulare Street to Kern Street o Nebraska Avenue from Englehart Avenue to Viscaya Parkway • Crawford and Nebraska Avenue Intersection Improvement Project: This project was a collaborative effort with Tulare County, which undertook the reconstruction of the intersection as part of a broader pavement rehabilitation initiative. The project included rebuilding the intersection and replacing three concrete curb ramps.  KC Park Improvements- KC Park, a highly popular venue for various sporting events and recreational activities, underwent significant improvements as part of this project. The enhancements included the construction of two brand-new basketball courts, upgrades to surrounding concrete areas for better accessibility, and the installation of energy-efficient solar-powered lighting. These upgrades aim to enhance the park's functionality, provide a safer and more enjoyable experience for visitors.

Financial Information
City management is responsible for establishing and maintaining an internal control structure designed to ensure that the assets of the City are protected from loss, theft, or misuse and to ensure that adequate accounting data are compiled to allow for the preparation of financial statements in conformity with generally accepted accounting principles. This should provide reasonable, but not absolute, assurance that these objectives are met. The concept of reasonable assurance recognizes that: (1) the cost of a control should not exceed the benefits likely to be derived; and (2) the valuation costs and benefits require estimates and judgments by management. ix
As a recipient of federal, state, and local financial assistance, the City also is responsible for ensuring that an adequate internal control structure is in place to ensure and document compliance with applicable laws and regulations related to those programs.

This internal control structure is subject to periodic evaluation by management.

The City maintains budgetary controls with the objective of ensuring compliance with legal provision embodied in the annual appropriated budget approved by the City Council. Activities of most funds are included in the annual appropriated budget and both revenues and expenses are categorized into either recurring or one-time. Projectlength financial plans are adopted for long-term capital projects in a five-year Capital Improvement Plan. As a component of capital projects, future operating costs are analyzed, projected, and incorporated into future budget forecasts.

Budgets are prepared for the individual departments within specific funds as management control devices, but the level of budgetary control (i.e., the level at which expenditures cannot legally exceed the appropriated amount) remains at the fund level.

The City also maintains an encumbrance accounting system as one technique of accomplishing budgetary control. Encumbered amounts lapse at year-end. However, encumbrances outstanding at the year-end are generally re-appropriated as part of the following year’s budget.

As demonstrated by the statements and schedules included in the financial section of this report, the City of Dinuba continues to meet its responsibility for sound financial management. For further analysis of the City’s financial position, please refer to the Management Discussion and Analysis report in the Financial Section.

Awards
The Government Finance Officers Association of the United States and Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to the City of Dinuba for its Annual Comprehensive Financial Report for the fiscal year ended June 30, 2023. This was the thirty-first consecutive year that the City has achieved this prestigious award. In order to be awarded a Certificate of Achievement, a government must publish an easily readable and efficiently organized annual comprehensive financial report. This report must satisfy both generally accepted accounting principles and applicable legal requirements.

A Certificate of Achievement is valid for a period of one year only. We believe that our current Annual Comprehensive Financial Report continues to meet the Certificate of Achievement Program’s requirements and we are submitting it to the GFOA to determine its eligibility for another certificate.
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Acknowledgements
The preparation, cooperation, and assistance of the Finance Department and the auditing firm of Badawi and Associates is greatly appreciated in the publication of this document. The preparation of the annual comprehensive financial report on a timely basis was made possible by the dedicated service of the entire finance staff. We also thank the Dinuba City Council for their dedicated service in guiding and directing the management of the City of Dinuba.
xi
Government Finance Officers Association
Certificate of
Achievement
for Excellence
in Financial
Reporting
Presented to
City of Dinuba
California
For its Annual Comprehensive
Financial Report
For the Fiscal Year Ended
June 30, 2023
Executive Director/CEO
xii
Organizational Chart and Principal Officials
Citizens of
Dinuba
City Council
Maribel Reynosa Rachel Nerio-Guerrero
Vice Mayor
Linda Launer Benjamin Prado Kuldip Thusu
Council Member Council Member Council Member
City Commissions
City Attorney
Chad Lew
City Manager
Luis Patlan
City Clerk
Maria Alaniz
Administrative Services
Karina Solis, Director
Information Technology
Daniel James, Assistant City Manager
Human Resources
Maria Alaniz, Manager
Police
Abel Iriate, Chief
Parks and Recreation
Stephanie Hurtado, Director
Public Works
George Avila, Director
Fire Department
Greg Chastain, Chief
Community Development
Elva Patino, Business Manager
xiii
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xiv
Dinuba Old Water Tower
xv
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xvi
INDEPENDENT AUDITOR’S REPORT
To the Honorable Mayor and Members of the City Council
of the City of Dinuba
Dinuba, California
Report on the Audit of the Financial Statements
Opinions
We have audited the financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of Dinuba (City), as of and for the year ended June 30, 2024, and the related notes to the financial statements, which collectively comprise City’s basic financial statements as listed in the table of contents.

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

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

Responsibilities of Management for the Financial Statements The City’s management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America, and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the City’s ability to continue as a going concern for twelve months beyond the financial statement date, including any currently known information that may raise substantial doubt shortly thereafter.

To the Honorable Mayor and Members
of the City Council of the City of Dinuba
Dinuba, California

Page 2 ends

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

In performing an audit in accordance with GAAS, we:
 Exercise professional judgment and maintain professional skepticism throughout the audit.  Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
 Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the City’s internal control. Accordingly, no such opinion is expressed.  Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.
 Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the City’s ability to continue as a going concern for a reasonable period of time.

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

Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis and budgetary comparison schedules for the General Fund, major special revenue funds, and required pension and other post-employment benefit information on pages 5-18 and 97-106, be presented to supplement the basic financial statements. Such information is the responsibility of management and, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management 2 To the Honorable Mayor and Members
of the City Council of the City of Dinuba
Dinuba, California

Page 3 ends

about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.

Supplementary Information
Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the City’s basic financial statements. The combining and individual fund financial statements and schedules and budget comparison information for major capital project fund and non-major governmental funds are presented for purposes of additional analysis and are not a required part of the basic financial statements.

The combining and individual fund financial statements and schedules and budget comparison information for major capital project fund and non-major governmental funds are the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the basic financial statements. Such information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the combining and individual fund financial statements and schedules are fairly stated, in all material respects, in relation to the basic financial statements as a whole.

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

Page 4 ends

Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated February 6, 2025 on our consideration of the City’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the City’s internal control over financial reporting and compliance.

Badawi & Associates, CPAs
Berkeley, California
February 6, 2025
4 This management’s discussion and analysis provides an overview of financial activities of the City of Dinuba (City) for the fiscal year ended June 30, 2024. Please read this discussion and analysis in conjunction with the accompanying transmittal letter, the basic financial statements, and the accompanying notes to the basic financial statements.

City-Wide
• City total assets increased by $11.7 million to $394.3 million, of which $309.3 million represented governmental assets and $85 million represented business-type assets.
• City total liabilities increased by $5.7 million to $111.6 million, of which $90.6 million were governmental liabilities and $21 million were business-type liabilities. • The City’s total net position increased by $7.8 million to $286.5 million. • City-wide revenues were $60.7 million, of which $38 million were generated by governmental activities and $22.7 were generated by business-type activities. • City-wide expenses were $51.1 million, of which $31.3 million were incurred by governmental activities and $19.8 were incurred by business-type activities.

Fund Level
• Governmental Fund balances increased $0.5 million to $56 million. Of this amount $8.7 million was unassigned fund balance and available for spending at the City’s discretion. • Governmental Fund revenues were $37.8 million, an increase of $4.7 million from the previous year.
• Governmental Fund expenditures decreased by $4.3 million to $37.5 million in fiscal year 2024.
• Enterprise net position increased by $2.6 million to $65.5 million. Of this amount, $10.5 million was unrestricted net position and available for spending at the City’s discretion. • Enterprise Fund operating revenues increased by $3.7 million to $19.5 million compared to the previous fiscal year which was at 15.8 million.
• Enterprise Fund operating expenses were $19.3 million in fiscal year 2024, an increase of $2.1 million compared to the previous fiscal year amount of $17.2 million.

The Comprehensive Annual Financial Report is composed of the following:

1. Introductory section, including the Transmittal Letter

2. Management’s Discussion and Analysis

3. Basic Financial Statements, which include the Government-wide and the Fund financial statements

4. Notes to the financial statements

5. Combining statements for Non-Major Governmental, Internal Service and Fiduciary Funds

6. Statistical information
Management’s Discussion and Analysis
Fiscal Year Ended June 30, 2024

FINANCIAL HIGHLIGHTS

OVERVIEW OF THE BASIC FINANCIAL STATEMENTS
5 Basic Financial Statements
The Basic Financial Statements consist of the City-wide Financial Statements and the Fund Financial Statements. These two sets of financial statements provide a short-term view as well as a long-term view.

The City-wide Financial Statements are designed to provide a broad overview of all of the City’s finances taken as a whole, using a long-term view, in a manner similar to private-sector businesses. The City-wide Financial Statements consist of the Statement of Net Position and the Statement of Activities.

The Statement of Net Position provides information about the financial position of the City as a whole, including all of its capital assets, liabilities and long-term liabilities with the difference between the two reported as net position. The full accrual basis of accounting is used, thus the flow of all economic resources are measured.

The Statement of Activities presents financial information reporting how the City’s net position changed during the fiscal year by listing the revenues and expenses of each of the City’s major activities. The full accrual basis of accounting is also used, thereby all changes to net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of the related cash flows. Thus revenues and expenses are reported in this statement for some items that will result in cash flows in a future fiscal period.

The fund financial statements report the City’s operations in more detail than the City-wide statement and focus primarily on the sort-term activities of the City’s General Fund and other Major Funds. The Fund Financial Statements measure only current revenues and expenditures, current, assets, liabilities and fund balances; they exclude capital assets, long-term debt and other long-term amounts.

City-wide Financial Statements
All of the City’s activities are grouped into either Governmental Activities or into Business-type Activities. Governmental Activities are those functions that are principally supported by taxes or by specific governmental program revenues such as developer fees. Business Activities are those services supported by charges paid by direct users of the service such as Disposal collection.

City-wide financial statements are prepared on the accrual basis, which means they measure the flow of all economic resources of the City as a whole.

Fund Financial Statements
The fund financial statements are designed to report information about related accounts that have been segregated for specific activities or objectives. The City uses fund accounting to ensure and demonstrate compliance with finance related legal requirements. All of the City’s funds are divided into three categories: governmental funds, proprietary funds and fiduciary funds.

The Fund Financial Statements provide detailed information about each of the City’s most significant funds called Major Funds. Major Funds account for the major financial activities of the City and are presented individually, while the activities of the Non-major funds are presented in summary as Other Governmental Funds. Subordinate schedules of the Non-major funds present detailed financial information of the City’s smaller funds. 6 Governmental Funds
Most of the City’s basic services are reported in governmental funds. These funds focus on reporting the flow of money into and out of those funds and the balances left at year-end that are available for spending. These funds are reported using the modified accrual basis of accounting. Under the modified accrual basis of accounting, revenues are recognized when susceptible to accrual (i.e., when they become measurable and available). “Measurable” means that the amount of the transaction can be determined and “available” means that it is collectible within the current period or soon enough thereafter to be used.

The governmental fund financial statements provide a detailed short-term view of the City’s general government operations and the basic services provided. Governmental fund information helps determine whether there are more or fewer financial resources that can be spent in the near future to finance the City’s programs. The differences between the Governmental Fund Financial Statements and the Government-Wide Financial Statements are explained in a reconciliation following the Governmental Funds’ Financial Statements.

Proprietary Funds
When the City charges customers for services - whether to outside customers or to programs of the City - these services are generally reported in proprietary funds. Proprietary funds are reported in the same way in that all activities are reported in the Statement of Net Position and the Statement of Revenues, Expenses, and Changes in Fund Net Position. The City’s enterprise funds are the same as the business-type activities reported in the Government-Wide Financial Statements, but provide more detail and additional information, such as cash flows for each enterprise fund. The City also uses internal service funds to report activities that provide supplies and services for the City’s internal program and activities, such as the City’s selfinsurance.

Fiduciary Funds
The City is the trustee, or fiduciary, for certain funds established to account for assets held by the City in a trustee capacity, or as an agent for individuals, private organizations, and other governmental units. The City’s fiduciary activities are reported in separate Statements of Fiduciary Net Position. These activities are excluded from the City’s Government-Wide Financial Statements because the City cannot use these assets to finance its operations. The City is responsible for ensuring that the assets reported in these funds are used for their specified purposes.

Notes to the Financial Statements
The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements. The notes to the financial statement can be found following the fund financial statements in this report.

The net position and changes in net position of the City’s Governmental Activities (Tables 1 and 2) and Business-Type Activities (Tables 3 and 4) are presented in the City-wide Statement of Net Position and Statement of Activities.

GOVERNMENT-WIDE FINANCIAL ANALYSIS
7 Governmental Activities
FY 2024 FY 2023 Change
Current and other assets 59,144 $ 84,947 $ (25,803) $
Capital Assets 250,120 214,520 35,600
Total Assets 309,264 299,467 9,797
Deferred outflows 12,125 12,145 (20)
Total deferred outflow 12,125 12,145 (20)
Current and other liabilities 30,874 25,590 5,284
Long-term obligations outstanding 59,756 58,982 774
Total liabilities 90,630 84,573 6,058
Deferred inflows 9,677 11,321 (1,643)
Total deferred inflow 9,677 11,321 (1,643)
Net Position
Net investment in capital assets 199,011 194,198 4,813
Restricted 45,596 44,038 1,558
Unrestricted (23,525) (22,518) (1,007)
Total net position 221,082 215,719 5,363
Table 1
Governmental Net Position at June 30, 2023 and 2024
(in Thousands)
Net Position
As shown in Table 1, the City’s governmental Total Net Position is $221 million. During fiscal year 2024, the overall net position increased by $5.4 million, or 2%. During fiscal year 2015, the City implemented GASB 68 & 71, which required the recording of net pension liability and pension related deferred inflows and outflows.

The largest portion of the City’s net position, approximately $199 million, reflects its investment in capital assets (e.g., land, buildings, improvements other than buildings, equipment, infrastructure, and construction in progress); less any related debt used to acquire those assets that is still outstanding. The City uses these capital assets to provide services to citizens; consequently, these assets are not available for future spending. Although the City’s investment in its capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves rarely are used to liquidate these liabilities.
8 Resources that are subject to restriction that may only be used to construct specified capital projects, debt service or other special revenue programs represent 20.6 % of the City’s Governmental Net Position. These are external restrictions and cannot be changed by the City.

Unrestricted net position can be used to finance day-to-day operation without constraints. Due to the restrictions mentioned and the implementation GASB 68 & 71, the unrestricted net position was ($23.5) million at year end.

Changes in Net Position
The Statement of Activities provides information regarding the entirety of the City’s governmental revenues and expenses. The Statement describes in detail the changes in net position from the previous year.

The City’s Governmental Net Position increased by $5.4 million in fiscal year 2024. Revenues increased $4 million and expenses decreased by $2 million. The increase in revenues is due to increases to property taxes, service fees, permits and use of money and property. 9 i
FY 2024 FY 2023 Change
Revenues
Program Revenues
Charges for services $ 4,299 3,984 $ (315) $
Operating contribution and grants 2,250 3,405 1,156
Capital contributions and grants 5,496 2,318 3,178
General Revenues
Taxes
Sales Tax 11,075 11,265 (190)
Business license taxes 347 292 55
Utility Users Tax 2,230 2,277 (48)
Property Tax 2,072 1,890 181
Other Tax 1,461 1,418 43
Investment Earnings 2,497 2,152 345
Miscellaneous 5,421 5,793 (372)
Total Revenues 37,988 33,955 4,033
Expenses
Public Safety 14,132 10,044 4,088
General Government 5,910 7,564 (1,654)
Community Development 2,217 2,048 169
Public Works 5,321 1,080 4,240
Parks and Recreation 2,873 2,411 462
Interest on Long-Term Debt 846 812 34
Sales Tax - Liability Account - 9,306 (9,306)
Total Expenses 31,299 33,265 (1,966)
Excess (deficiency)
before transfers and special items 6,689 690 5,999
Transfers & Special Items 52 (1,850) 1,902
Total Transfers & Special Items 52 (1,850) 1,902
Change in Net Position 6,741 (1,160) 7,901
Net Position- Beginning, Restated 214,341 216,879 (2,538) Net Position- Ending 221,082 215,719 5,363
Table 2
Changes in Governmental Net Position
(in Thousands)
10 The following charts display the City’s governmental activities for fiscal year 2024, highlighting the makeup of the governmental revenues and expenses.

Revenues by Source
Governmental Activities
Expenses by Function
Governmental Activities
11 Business Type Activities
The statement of Business-Type Net Position (Table 3) and statement of Business-Type Activities (Table 4) are presented below.

Net Position
The business–type activities of the City showed an increase of $1.8 million in total assets. Of the total business type net position, 84% was net investment in capital assets and 16% was unrestricted, which is available for future operations.

FY 2024 FY 2023 Change
Current and other assets $ 20,958 $ 18,555 $ 2,403
Capital Assets 64,060 64,631 (571)
Total Assets 85,018 83,186 1,832
Deferred outflows 3,215 3,218 (3)
Total deferred outflow 3,215 3,218 (3)
Current and other liabilities 2,150 2,029 121
Long-term obligations outstanding 18,846 19,323 (477)
Total liabilities 20,996 21,352 (356)
Deferred inflows 1,771 2,137 (367)
Total deferred inflow 1,771 2,137 (367)
Net Position
Net investment in capital assets 55,006 54,712 294
Unrestricted 10,461 8,202 2,258
Total net position 65,467 62,915 2,552
Table 3
Business-Type Net Position at June 30, 2023 and 2024
(in Thousands)
Changes in Net Position
As shown in Table 4, net revenues for business-type activities were $22.7 million in fiscal year 2024, an increase of $2.1 million over the prior year. The increase was primarily attributable to funding for Capital projects from grants and operating contributions.

Expenses for business-type activities increased by $2.2 million compared to the previous fiscal year. The increase in expenses are attributed to Water, Sewer, Disposal, Golf and Ambulance with the largest increase being in Ambulance.
12 The increase of expenses in Ambulance is primarily due to payments to the state for the Ground Emergency Medical Transportation Program (GEMT) and vacancies being filled from the prior year. The increase in expenses in Water, Sewer and Disposal are mostly due to capital expenses and increases to maintenance and operations. The increases in Golf are due to the capital expenses associated with the remodel of the restaurant.

FY 2024 FY 2023 Change
Revenues
Program Revenues
Charges for services 19,427 $ 15,753 $ 3,674 $
Operating contribution and grants 2,461 4,429 (1,968)
General Revenues
Investment Earnings7 88 427 361
Miscellaneous 34 28 6
Total Revenues 22,710 20,637 2,073
Expenses
Disposal 3,429 3,003 426
Golf Course 4,511 4,735 224
Sewer 3,839 3,721 118
Water 3,353 2,887 466
Ambulance 3,859 2,818 1,042
Transit 321 410 (89)
Compressed Natural Gas 218 281 (63)
Total Expenses 19,754 17,630 2,187
Excess (deficiency)
before transfers and special items 2,956 3,007 (114)
Transfers & Special Items (52) 1,850 (1,902)
Total Transfers & Special Items (52) 1,850 (1,902)
Change in Net Position 2,904 4,857 (1,953)
Net Position- Beginning, Restated 62,563 58,058 4,505
Net Position- Ending 65,467 62,915 2,552
(in Thousands)
Table 4
Business-Type Activities
13 Table 5 summarizes the Governmental balances at the fund level.

FY 2024 FY 2023 Change
Total Assets $ 82,740 88,382 $ 5,642 $
Total Liabilities 31,730 26,653 5,077
Total Deferred Inflows of Resources 634 587 47
Total Fund Balances 56,018 55,500 518
Total Revenues 37,794 33,126 4,668
Total Expenditures 37,501 41,829 (4,328)
Total Other Financing Sources (Uses) 225 (197) 422
Table 5
Financial Highlights at Fund Level at June 30, 2023 and 2024 (in Thousands)
General Fund
The General Fund accounts for all financial resources traditionally associated with government activities that are not accounted for reported in another fund.

Fund balance in the General Fund decreased by 8.8% to end the fiscal year at a balance of $10.9 million. The decrease was due primarily to one-time capital projects.

The final budget amount for General Fund expenditures totaled $17.7 million excluding transfers out. In comparison, actual expenditures excluding transfers out totaled $17.4 million.

The variance in expenditures was $0.3 million. Total original revenues were budgeted at $21.8 million; actual revenues in the General Fund were $20.4 million. The variance of $1.4 million is due to the reduction of sales tax revenues that is reflective of the California Department of Tax and Fee Administration’s (CDTFA) audit.

Other Major Funds
HUD Grants
The fund accounts for the Community Development Block Grants (CDBG) and Home Investment Partnership Program (HOME). The fund’s assets include $25 million in notes and loans receivable. The notes and loans receivable are for housing acquisition assistance and housing rehabilitation.

Transportation Construction:

Revenue in the Transportation Construction fund came to $3.4 million. The revenue is primarily composed of intergovernmental revenues originating with the Tulare County Association of Governments and taxes.

FINANCIAL ANALYSIS OF CITY’S MAJOR FUNDS
14 Other Governmental Funds:

These funds (referred to a Non-major Funds) are not presented separately in the Basic Financial Statements, but are individually presented in Supplementary Information. Combined they received $12.6 million in revenue and have a combined Fund Balance at year-end of $18.4 million.

Business-Type Funds
The business-type funds account for operations that are financed and operated in a manner similar to private business enterprises, wherein the cost of goods and services to the general public are financed or recovered primarily through user charges.

Water
The net position in the water fund increased by $0.5 million to $15.5 million. The unrestricted portion of the net position totaled $1.2 million.

Sewer
The sewer fund ended the year with a net position of $18.5 million of which ($0.2) million was unrestricted. Operating revenues exceeded operating expenses by $1.1million. The fund’s net position increased by $1 million.

Disposal
Operating revenues were virtually flat when compared to the previous fiscal year, while expenses increased by $0.4 million. The fund ended the year with a net position of $1.9 million of which $1.8 million was unrestricted.

Ambulance
In 2024, the City continued to participate in the Inter-governmental Transfer funding provided by the State. Revenue from the IGT transfer was $2 million in 2024. As of June 30, 2024 the fund had net position of $12.6 million.

Golf Course
Operating revenues remained virtually flat in comparison to the prior fiscal year. Operating expenses increased by $0.2 million from the prior year due to several factors, including the purchase of one-time capital expenses and projects for the aging facility, which included the remodel of the on-site restaurant among other repairs and replacements. The net position of the Golf Course at the end of the fiscal year was $14 million. 15 A summary of the City’s capital assets is shown below in Table 6. More detail regarding the assets can be found in Note 8 of the financial statements.

FY 2024 FY 2023 Change
Governmental Activities
Land 123,819 $ 123,820 $ (1) $
Artwork 69 69 -
Construction in Progress 6,149 3,361 2,788
Buildings 3,558 3,832 (274)
Improvements 8,765 8,157 608
Equipment and Machinery 2,368 2,460 (92)
Infrastructure 73,820 72,822 998
Total 218,548 214,521 4,027
Business-Type Activities
Land 7,752 7,752 (0)
Construction in Progress 2,602 4,475 (1,873)
Buildings and Improvements 18,347 16,288 2,059
Equipment and Machinery 2,553 2,562 (9)
Infrastructure 32,806 33,554 (748)
Total 64,060 64,631 (571)
Table 6
Capital Assets Net of Accumulated Depreciation at June 30 (in Thousands)
The net increase of $4 million for governmental activity assets is comprised of the Construction in Progress, Improvements, and Infrastructure that depreciated throughout the year.

The net decrease of $0.6 million for business-type activity assets is due to the construction in progress for several projects that were not complete at the end of the fiscal year.

For Government-wide Financial Statements, capital asset purchases for governmental activities are capitalized and depreciated. In contrast, in the Fund Financial Statements capital asset purchases for governmental activities are recorded as expenditures. More information concerning the City’s investment in capital assets is available in Note 8 in the Notes to Basic Financial Statements section later in this document.

CAPITAL ASSETS
16 Each debt is discussed in more detail in Note 9 to the financial statements.

The City’s total long-term debt decreased by $2.2 million compared to the prior fiscal year. The decrease was primarily due to not acquiring new debt and making payments throughout the fiscal year.

The following table provides a breakdown of the City’s outstanding indebtedness as of June 30, 2024:

FY 2024 FY 2023 Change
Governmental Activity Debt
Revenue Bonds Payable 11,430 $ 12,155$ $ (725)
Notes and Capital Leases Payable 8,160 8,615 (455)
Original Issue Discount (173) (185) 12
Original Issue Premium 120 128 (8)
Total 19,537 20,713 (1,180)
Business-Type Debt
Revenue Bonds Payable 6,864 7,432 (568)
Notes and Capital Leases Payable 2,669 3,078 (409)
Original Issue Premium 31 33 (2)
Total 9,564 10,543 (979)
Total Long-Term Obligations 29,101 31,256 (2,155)
Table 7
Outstanding Debt
(in Thousands)
The City’s annual budget is the legally adopted expenditure control document of the City.

Budgetary comparison statements are required for the General Fund and all major special revenue funds and may be found immediately following the Government-wide financial statements in this Financial Section of the ACFR. These statements compare the original adopted budget, the budget as amended throughout the fiscal year, and the actual expenditures for each fund, prepared on a budgetary basis. Budgets are prepared on the modified accrual basis of accounting consistent with GAAP, except that encumbrances are included in budgeted expenditures.

Appropriations lapse at fiscal year-end. The City Council generally reauthorizes appropriations for continuing projects and activities. The City Council has the legal authority to amend the

DEBT ADMINISTRATION

BUDGETING
17 budget of any fund at any time during the fiscal year. The budgetary legal level of control (the level on which expenditures may not legally exceed appropriations) is generally at the fund level. For budgeting purposes, the General Fund is composed of several departments while all other budgeted funds (special revenue funds included) are considered a single department.

Budgeted expenditures may be reallocated within a division and between divisions within a department without City Council approval.

Based upon sales tax revenues, the local business climate has decreased. Excluding revenues from the Internet Sales Tax, sales tax from the top 10 sources decreased by 5% from fiscal year 2023 to 2024. This decrease is attributed to the change in the overall economic climate which focuses in particular in decreases to retail, auto sales and construction.

The unemployment rate remained virtually unchanged from June 2023 at 9.6% to 9.6% for 2024 as was attributed to the continuing adjustment of the economy, steady job growth and balancing job losses and gains that
The construction of new homes remains at a steady pace, there were 54 permits issued in 2023 for single-family residential homes and 64 in 2024 permits issued for single-family residential homes.

This management’s discussion and analysis is designed to provide the City’s residents, taxpayers, customers, investors, and creditors with a general overview of the City’s finances and to demonstrate the City’s accountability. If you have questions about this document, separate reports of the City’s component unit, or wish any additional financial information, contact:

Karina Solis
Administrative Services Director
405 East El Monte Way
Dinuba, California 93618
Phone (559) 591-5900
CONTACT THE CITY’S FINANCIAL MANAGEMENT

ECONOMIC OUTLOOK
18 South L Street Dinuba
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20 GOVERNMENT-WIDE

FINANCIAL STATEMENTS
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22 City of Dinuba
Statement of Net Position
June 30, 2024
Governmental Business-type
Activities Activities Total
ASSETS
Current assets:

Cash and investments $ 18,614,717 45,340,410 $ 63,955,127 $ Receivables:

Accounts 3,099,456 539,788 3,639,244
Accrued interest 16,035 47,301 63,336
Leases 3,001 62,785 65,786
Internal balances 2,677,588 (2,677,588) -
Prepaid costs 86,843 91,371 178,214
Due from other governments 9,592,019 210,706 9,802,725
Inventories - 150,217 150,217
Restricted assets:

Cash with fiscal agent 1,104,593 793,066 1,897,659
Total current assets 20,607,980 59,144,328 79,752,308
Noncurrent assets:

Receivables:

Notes and loans 350,370 31,507,583 31,857,953
Leases - 64,755 64,755
Capital assets:

Nondepreciable 10,354,128 130,036,086 140,390,214
Depreciable 53,706,021 88,511,533 142,217,554
Total noncurrent assets 250,119,957 64,410,519 314,530,476 Total assets 85,018,499 309,264,285 394,282,784

DEFERRED OUTFLOWS OF RESOURCES
Deferred charges on refunding 510,490 341,456 851,946
Deferred pension related items 9,367,485 2,268,365 11,635,850 Deferred OPEB related items 2,416,333 436,144 2,852,477 Total deferred outflows of resources 12,125,274 3,214,999 15,340,273

LIABILITIES
Current liabilities
Accounts payable 913,347 6,610,398 7,523,745
Accrued liabilities 428,361 3,191,949 3,620,310
Accrued interest 117,547 127,002 244,549
Unearned revenue 287,452 490,038 777,490
Deposits payable 403,216 650,134 1,053,350
Due to other governments - 19,544,357 19,544,357
Accrued Compensated absences - current 209,882 63,034 272,916 Accrued claims and judgements - current 50,000 - 50,000 Long-term debt - current 1,128,237 1,454,501 2,582,738
Net OPEB liability - current 98,526 545,861 644,387
Total current liabilities 32,874,122 3,439,720 36,313,842 Noncurrent liabilities:

Accrued Compensated absences 198,861 756,581 955,442
Long-term debt 8,436,299 18,082,502 26,518,801
Net pension liability 5,856,056 21,935,659 27,791,715
Net OPEB liability 3,065,089 16,981,280 20,046,369
Total noncurrent liabilities 57,756,022 17,556,305 75,312,327 Total liabilities 20,996,025 90,630,144 111,626,169

DEFERRED INFLOWS OF RESOURCES
Deferred Pension related items 573,212 147,175 720,387
Deferred OPEB related items 8,979,263 1,620,741 10,600,004 Deferred inflows related to leases 124,901 2,784 127,685 Total deferred inflows of resources 9,677,376 1,770,700 11,448,076

NET POSITION
Net investment in capital assets 199,010,616 55,006,103 254,016,719 Restricted for:

Community development projects 31,555,459 - 31,555,459
Public safety - 3,153,822 3,153,822
Parks and recreation - 154,486 154,486
Public work - 5,706,428 5,706,428
Capital projects - 3,312,996 3,312,996
Debt service - 1,712,954 1,712,954
Total restricted - 45,596,145 45,596,145
Unrestricted 10,460,670 (23,524,722) (13,064,052)
Total net position $ 65,466,773 221,082,039 $ 286,548,812 $ Primary Government
See accompanying Notes to Basic Financial Statements.
23 City of Dinuba
Statement of Activities
For the year ended June 30, 2024
Operating Capital
Charges for Grants and Grants and
Functions/Programs Expenses Services Contributions Contributions Total Governmental activities:

General government 5,909,635 $ 1,339,061 $ 119,349 $ - $ 1,458,410 $ Public safety 14,132,045 547,108 199,649 - 746,757
Community development 2,217,210 - 1,182,842 - 1,182,842 Parks and recreation 2,873,292 267,864 - - 267,864
Public works 5,320,668 1,829,721 1,903,385 5,495,676 9,228,782 Interest on long-term debt 846,418 - - - -
Total governmental activities 31,299,268 3,983,754 3,405,225 5,495,676 12,884,655 Business-type Activities:

Water 3,352,700 3,625,330 122,812 3,748,142 -
Sewer 3,838,914 4,586,870 4,175 4,591,045 -
Golf course 4,734,835 3,390,069 - 3,390,069 -
Disposal 3,429,066 3,527,973 75,000 3,602,973 -
Ambulance 3,859,114 4,202,794 2,048,059 6,250,853 -
Transit 321,470 16,829 210,706 227,535 -
Compressed natural gas 217,898 77,021 - - 77,021
Total business-type activities 19,753,997 19,426,886 2,460,752 21,887,638 - Total primary government $ 51,053,265 $ 23,410,640 $ 5,865,977 $ 5,495,676 $ 34,772,293 General Revenues:

Taxes:

Property taxes, levied for general purpose
Transient occupancy taxes
Sales taxes
Franchise taxes
Business license taxes
Utility users taxes
Other taxes
Total taxes
Motor vehicle in lieu, unrestricted
Use of money and property
Other
Transfers
Total general revenues and transfers
Change in net position
Net position - beginning of year, as previously stated
Restatement
Net position - beginning of year, as restated
Net position - end of year
Program Revenues
See accompanying Notes to Basic Financial Statements.
24 Governmental Business-Type
Activities Activities Total
$ (4,451,225) $ (4,451,225) - $
(13,385,288) (13,385,288) -
(1,034,368) (1,034,368) -
(2,605,428) (2,605,428) -
3,908,114 3,908,114 -
(846,418) - (846,418)
(18,414,613) (18,414,613) -
395,442 - 395,442
752,131 - 752,131
(1,344,766) - (1,344,766)
173,907 - 173,907
2,391,739 - 2,391,739
(93,935) - (93,935)
(140,877) - (140,877)
2,133,641 - 2,133,641
(18,414,613) 2,133,641 (16,280,972)
2,071,838 2,071,838 -
394,204 - 394,204
11,075,486 11,075,486 -
347,315 - 347,315
346,893 - 346,893
2,229,716 2,229,716
719,877 - 719,877
17,185,329 17,185,329 -
2,625,778 2,625,778 -
2,497,221 788,072 3,285,293
2,795,206 34,285 2,829,491
52,463 (52,463) -
25,155,997 769,894 25,925,891
6,741,384 2,903,535 9,644,919
215,718,745 62,914,566 278,633,311
(1,378,090) (351,328) (1,729,418)
214,340,655 62,563,238 276,903,893
$ 221,082,039 $ 65,466,773 $ 286,548,812
and Changes in Net Position
Net (Expense) Revenue
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26 FUND

FINANCIAL STATEMENTS
Governmental Fund Financial Statements
Proprietary Fund Financial Statements
Fiduciary Fund Financial Statements
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28 City of Dinuba
Balance Sheet
Governmental Funds
June 30, 2024
Special Revenue Capital Project
Fund Fund
General Fund HUD Grants
Transportation
Construction
ASSETS
Cash and investments $ 30,781,763 $ 732,327 $ 1,086,487 $ 9,249,183 $ 41,849,760 Receivables:

Accounts 446,866 - - - 446,866
Notes and loans 25,062,806 - 6,444,777 - 31,507,583
Accrued interest 31,710 952 - 11,429 44,091
Lease receivable 127,540 - - - 127,540
Prepaid costs 86,415 - - 1,365 87,780
Due from other governments 3,148,360 609,228 2,165,481 3,668,950 9,592,019 Due from other funds 789,056 - - - 789,056
Restricted assets:

Cash and investments with fiscal agents - - - 743,879 743,879 Advances to other funds 2,069,094 - 1,124,333 - 3,193,427 Total assets $ 37,480,804 $ 26,405,313 $ 3,251,968 $ 21,243,916 $ 88,382,001

LIABILITIES, DEFERRED INFLOWS OF

RESOURCES AND FUND BALANCES
Liabilities:

Accounts payable $ 2,121,041 $ 306,939 $ 2,697,149 $ 1,436,831 $ 6,561,960 Accrued liabilities 2,966,890 263 - 211,149 3,178,302
Unearned revenue - - - 490,038 490,038
Deposits payable 650,134 - - - 650,134
Due to other funds - - - 73,232 73,232
Due to other governments 19,544,357 - - 19,544,357 -
Advances from other funds 1,031,663 - - 200,000 1,231,663 Total liabilities 26,314,085 307,202 2,697,149 2,411,250 31,729,686 Deferred Inflows of Resources
Unavailable revenue 124,236 - - 384,814 509,050
Deferred inflows related to leases 124,901 - - - 124,901 Total deferred inflows of resources - 249,137 - 384,814 633,951 Fund Balances:

Nonspendable:

Prepaid costs and advance 2,155,509 - - 1,365 2,156,874 Restricted for:

Community development projects - 26,098,111 - 5,457,348 31,555,459 Public safety - - - 3,153,822 3,153,822
Parks and recreation - - - 154,486 154,486
Public works - - - 5,250,930 5,250,930
Capital projects - - 554,819 2,758,177 3,312,996
Debt service - - - 1,712,954 1,712,954
Unassigned 8,762,073 - - (41,230) 8,720,843
Total fund balances 26,098,111 10,917,582 554,819 18,447,852 56,018,364 Total liabilities, deferred inflows of
resources and fund balances $ 26,405,313 37,480,804 $ 3,251,968 $ 21,243,916 $ 88,382,001 $ Nonmajor
Governmental
Funds
Total
Governmental
Funds
See accompanying Notes to Basic Financial Statements.
29 Total Fund Balances - Total Governmental Funds $ 56,018,364 Capital assets used in governmental activities were not current financial resources.

Therefore, they were not reported in the Governmental Funds Balance Sheet. Except for the internal service funds reported below, the capital assets were adjusted as follows:

GovernmentWide Statement
of Net Position
Internal Service
Funds Total
Nondepreciable $ - 130,036,086 $ 130,036,086
Depreciable, net (19,962) 88,511,533 88,491,571
Total capital assets $ (19,962) 218,547,619 $ 218,527,657 Internal service funds were used by management to charge the costs of certain activities, such as insurance, to individual funds. The assets and liabilities of the Internal service funds were included in governmental activities in the GovernmentWide Statement of Net Position. 2,195,662 Unavailable revenues recorded in the fund financial statements resulting from activities in which revenues were earned but were not available are reclassified as revenues in the Government-Wide Financial Statements. 509,050 In the Government-Wide Financial Statements, deferred employer contributions for pension and OPEB, certain differences between actuarial estimates and actual results, and other adjustments resulting from changes in assumptions and benefits are deferred in the current year.

GovernmentWide Statement
of Net Position
Internal Service
Funds
Deferred outflows of resources related to pension 9,367,485 (270,205) 9,097,280 Deferred outflows of resources related to OPEB 2,416,333 (84,719) 2,331,614 Deferred inflows of resources related to pension (573,212) 17,532 (555,680) Deferred inflows of resources related to OPEB (8,979,263) 314,820 (8,664,443) Long-term liabilities were not due and payable in the current period. Therefore, they were not reported in the Governmental Funds Balance Sheet.

GovernmentWide Statement
of Net Position
Internal Service
Funds Total
Compensated absences - due within one year (209,882) $ 12,552 $ (197,330) $ Interest payable (127,002) (127,002)
Long-term debt - due within one year (1,454,501) 9,470 (1,445,031) Unamortized deferred loss on refunding 341,456 - 341,456 Compensated absences - due in more than one year (756,581) 40,242 (716,339) Long-term debt - due in more than one year (18,082,502) - (18,082,502) Net pension liability (21,935,659) 697,566 (21,238,093) Net OPEB liability - due within one yeear (545,861) 19,139 (526,722) Net OPEB liability - due in more than one year (16,981,280) 595,378 (16,385,902) Total long-term liabilities $ (42,770,532) $ 778,969 (58,377,465) Net Position of Governmental Activities $ 221,082,039
City of Dinuba
Reconciliation of the Governmental Funds Balance Sheet
to the Government-Wide Statement of Net Position
June 30, 2024
Amounts reported for governmental activities in the statement of net position are different because:

See accompanying Notes to Basic Financial Statements
30 City of Dinuba
Statement of Revenues, Expenditures and Changes in Fund Balances Governmental Funds
For the year ended June 30, 2024
Special Revenue Capital Project
Fund Fund
General Fund HUD Grants
Transportation
Construction
REVENUES:

Taxes 12,469,550 $ - $ - $ 4,715,780 $ 17,185,330 $
Assessments - 1,215,537 - - 1,215,537
Intergovernmental 1,064,458 2,708,441 3,402,744 6,827,040 14,002,683 Charges for services - 2,247,204 - 379,249 2,626,453
Use of money and property 303,046 1,458,223 1,681 594,669 2,357,619 Fines and forfeitures - 63,965 - 25,811 89,776
Miscellaneous - 308,894 - 7,796 316,690
Total revenues 1,367,504 20,471,814 3,404,425 12,550,345 37,794,088 EXPENDITURES:

Current:

General government 3,087,985 - - 577,409 3,665,394
Public safety 9,236,746 - 3,212,387 - 12,449,133
Community development 1,653,104 456,270 - 2,109,374 -
Parks and recreation 2,760,048 66,124 - 2,826,172 -
Public works - - 1,608,074 - 1,608,074
Non-departmental - sales tax settlement - -
Capital outlay 597,796 8,442,048 - 3,631,669 12,671,513 Debt service:

Principal retirement 39,243 - 1,333,553 - 1,372,796
Interest and fiscal charges 1,397 - - 797,100 798,497
Total expenditures 17,376,319 522,394 8,442,048 11,160,192 37,500,953

REVENUES OVER (UNDER)
EXPENDITURES 3,095,495 845,110 (5,037,623) 1,390,153 293,135 OTHER FINANCING SOURCES (USES):

Transfers in 284,194 5,086,539 - 4,068,662 9,439,395
Transfers out (4,464,837) (7,270) (4,970,423) - (9,442,530) Proceeds from sale of property - - - 100 100
Issuance of debt 37,500 - - 190,676 228,176
Total other financing sources (uses) (4,143,143) (7,270) 5,086,539 (710,985) 225,141 Net change in fund balances (1,047,648) 837,840 48,916 679,168 518,276 FUND BALANCES:

Beginning of year 11,965,230 25,260,271 505,903 17,768,684 55,500,088 End of year $ 10,917,582 $ 26,098,111 $ 554,819 $ 18,447,852 $ 56,018,364 Nonmajor
Governmental
Funds
Total
Governmental
Funds
See accompanying Notes to Basic Financial Statements.
31 City of Dinuba
Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Government-Wide Statement of Activities For the year ended June 30, 2024
Net Change in Fund Balances - Total Governmental Funds $ 518,276 Governmental funds reported capital outlay as expenditures. However, in the Government-Wide Statement of Activities, the cost of those assets was allocated over their estimated lives as depreciation expense. This was the amount of capital assets recorded in the current period, net of the amount related to internal service funds. 9,305,795
Depreciation expense on capital assets was reported in the Government-Wide Statement of Activities, but did not require the use of current financial resources. Therefore, depreciation expense was not reported as expenditures in the governmental funds, net of the amount related to internal service funds. (3,863,364) Accrued compensated leave payments were reported as expenditures in the governmental funds, however expense is recognized in the Government-Wide Statement of Activities based on earned leave accruals. 19,965 Debt proceeds provide current financial resources to governmental funds, but issuing debt increased longterm liabilities in the Government-Wide Statement of Net Position. Repayment of debt was an expenditure in governmental funds, but the repayment reduced long-term liabilities in the Government-Wide Statement of Net Position.

Long-term debt repayments 1,373,642
Issuance of long-term debt (228,176)
Amortization of deferred charges (49,931)
Amortization of bonds premium (discount), net (3,692)
Net change in accrued interest payable 7,023
Current year employer OPEB contributions are recorded as expenditures in the governmental funds, however, these amounts are reported as a deferred outflow of resources in the Government-Wide Statement of Net Position. OPEB expense is reported in the Government-Wide Statement of Activities does not require the use of current financial resources, and therefore is not reported as expenditures in governmental funds.

This amount represents the net effect of expense and contribution 868,231 Current year employer pension contributions are recorded as expenditures in the governmental funds, however, these amounts are reported as a deferred outflow of resources in the Government-Wide Statement of Net Position. Pension expense is reported in the Government-Wide Statement of Activities does not require the use of current financial resources, and therefore is not reported as expenditures in governmental funds. This amount represents the net effect of expense and contribution (1,224,197) Unavailable revenues recorded in the fund financial statements resulting from activities in which revenues were earned but were not available are reclassified as revenues in the Government-Wide Financial Statements. 53,552
Internal service funds were used by management to charge the costs of certain activities, such as insurance and fleet management, to individual funds. The net revenue of the internal service funds was reported with governmental activities. (35,740)
Change in Net Position of Governmental Activities $ 6,741,384 Amounts reported for governmental activities in the Government-Wide Statement of Activities were different because:

See accompanying Notes to Basic Financial Statements
32 This page intentionally left blank
33 City of Dinuba
Statement of Net Position
Proprietary Funds
June 30, 2024
ASSETS
Current Assets:

Cash and investments 2,978,963 $ 195,991 $ 255,884 $ 1,986,870 $ Receivables:

Accounts 811,494 920,274 23,372 370,744
Accrued interest 2,729 - - 1,850
Leases - - - -
Prepaid costs 19,486 2,115 3,568 61,533
Due from other governments - - - -
Inventories - - 150,217 -
Restricted:

Cash and investments with fiscal agents 485,523 - 619,070 - Total current assets 4,298,195 1,737,450 433,041 2,420,997 Noncurrent:

Notes and loans 370 - - -
Advances to other funds - - - 200,000
Capital assets:

Nondepreciable capital assets 594,028 4,695,619 3,101,766 - Depreciable capital assets, net 16,088,809 20,352,593 13,707,943 191,387 Net capital assets 25,048,212 16,682,837 16,809,709 191,387 Total noncurrent assets 16,683,207 25,048,212 16,809,709 391,387 Total assets 26,785,662 20,981,402 17,242,750 2,812,384

DEFERRED OUTFLOWS OF RESOURCES
Deferred charge on refunding 510,490 - - -
Deferred pension related items 466,004 239,848 - 199,984 Deferred OPEB related items 163,447 63,040 - 31,947
Total deferred outflows of resources 629,451 813,378 - 231,931

LIABILITIES
Current liabilities:

Accounts payable 193,379 355,749 146,559 186,651
Accrued liabilities 23,792 17,101 298,741 8,961
Accrued interest 34,453 83,094 - -
Unearned revenue - 2,196 285,256 -
Deposits payable - 403,216 - -
Due to other funds - 372,026 - -
Accrued Compensated absences 8,725 9,698 - 1,856
Accrued Claims and judgements - - - -
Long-term debt - current portion 429,113 586,000 100,552 12,572 Net OPEB liability - due within one year 36,923 14,241 - 7,217 Total current liabilities 1,129,601 1,440,105 831,108 217,257 Noncurrent liabilities:

Advances from other funds - - 2,161,764 -
Compensated absences 46,159 28,718 - 14,218
Net pension liability 619,197 1,203,045 - 516,280
Net OPEB liability - due in more than one year 1,148,657 443,024 - 224,520 Long-term debt 1,917,138 6,314,345 196,848 4,970
Total noncurrent liabilities 4,314,999 7,405,284 2,358,612 759,988 Total liabilities 8,845,389 5,444,600 3,189,720 977,245

DEFERRED INFLOWS OF RESOURCES
Deferred pension related items 30,235 15,562 - 12,975
Deferred OPEB related items 607,380 234,260 - 118,720
Deferred inflows related to leases - - - -
Total deferred inflows of resources 637,615 249,822 - 131,695

NET POSITION
Net investment in capital assets 14,336,586 18,658,357 16,512,309 173,845 Unrestricted 1,192,052 (154,528) (2,459,279) 1,761,530
Total net position $ 15,528,638 $ 18,503,829 $ 14,053,030 $ 1,935,375 Business-Type Activities - Enterprise Funds
Water Sewer Golf Course Disposal
See accompanying Notes to Basic Financial Statements.
34 Governmental
Nonmajor Activities -
Enterprise Internal Service
Funds Totals Funds
$ 12,963,802 $ 233,207 $ 18,614,717 $ 3,490,650
955,586 17,986 3,099,456 92,922
11,234 222 16,035 3,210
- 3,001 3,001 -
60 81 86,843 3,591
- 210,706 210,706 -
- - 150,217 -
- - 1,104,593 49,187
13,930,682 465,203 23,285,568 3,639,560
- 350,000 350,370 -
- - 200,000 -
1,962,715 - 10,354,128 -
872,722 2,492,567 53,706,021 19,962
2,835,437 2,492,567 64,060,149 19,962
2,835,437 2,842,567 64,610,519 19,962
16,766,119 3,307,770 87,896,087 3,659,522
- - 510,490 -
1,360,770 1,759 2,268,365 270,205
169,152 8,558 436,144 84,719
1,529,922 10,317 3,214,999 354,924
21,984 9,025 913,347 48,438
78,471 1,295 428,361 13,647
- - 117,547 -
- - 287,452 -
- - 403,216 -
- 343,798 715,824 -
42,580 175 63,034 12,552
- - - 50,000
- - 1,128,237 9,470
38,212 1,933 98,526 19,139
181,247 356,226 4,155,544 153,246
- - 2,161,764 -
108,773 993 198,861 40,242
3,512,993 4,541 5,856,056 697,566
1,188,749 60,139 3,065,089 595,378
2,998 - 8,436,299 -
4,813,513 65,673 19,718,069 1,333,186
4,994,760 421,899 23,873,613 1,486,432
88,289 114 147,175 17,532
628,581 31,800 1,620,741 314,820
- 2,784 2,784 -
716,870 34,698 1,770,700 332,352
2,832,439 2,492,567 55,006,103 9,289
9,751,972 368,923 10,460,670 2,186,373
$ 12,584,411 $ 2,861,490 $ 65,466,773 $ 2,195,662
Business-Type Activities - Enterprise Funds
Ambulance
35 City of Dinuba
Statement of Revenues, Expenses and Changes in Net Position Proprietary Funds
For the year ended June 30, 2024
OPERATING REVENUES:

Sales and service charges $ 4,586,870 3,625,330 $ 3,390,069 $ 3,527,973 $ Miscellaneous 8,039 - - 392
Total operating revenues 3,633,369 4,586,870 3,390,069 3,528,365 OPERATING EXPENSES:

Salaries and benefits 902,631 712,850 2,417,212 282,263 Contractual services 202,395 60,054 312,016 2,855,545
Materials and supplies 501,782 241,181 597,667 82,361
Insurance - - - -
Employee health insurance - - - -
Repairs and maintenance 120,431 252,531 112,779 9,609
Utilities 516,333 1,189,673 207,739 40,571
Allocated costs 413,898 441,681 - 116,771
Depreciation expense 627,622 576,653 1,083,274 41,022
Total operating expenses 3,285,092 3,474,623 4,730,687 3,428,142 Operating income (loss) 348,277 1,112,247 (1,340,618) 100,223 NONOPERATING REVENUES (EXPENSES):

Intergovernmental 122,812 4,175 - 75,000
Interest revenue 149,060 49,184 - 83,577
Interest expense (67,608) (364,291) (4,148) (924)
Total nonoperating revenues (expenses) 204,264 (310,932) (4,148) 157,653 Income before contributions and transfers 552,541 801,315 (1,344,766) 257,876 CONTRIBUTIONS AND TRANSFERS:

Transfers in 751,299 311,027 - -
Transfers out (532,692) (353,810) - (93,380)
Total contributions and transfers 218,607 (42,783) - (93,380) Change in net position 1,019,922 509,758 (1,344,766) 164,496 NET POSITION:

Beginning of year 17,483,907 15,013,551 15,377,577 1,775,043 Restatements - 5,329 20,219 (4,164)
Beginning of year, as restated 17,483,907 15,018,880 15,397,796 1,770,879 End of year $ 18,503,829 15,528,638 $ 14,053,030 $ 1,935,375 $ Business-Type Activities - Enterprise Funds
Water Sewer Golf Course Disposal
See accompanying Notes to Basic Financial Statements.
36 Governmental
Nonmajor Activities -
Enterprise Internal Service
Funds Totals Funds
$ 93,850 4,202,794 $ 19,426,886 $ 6,546,273 $
- 25,854 34,285 -
93,850 4,228,648 19,461,171 6,546,273
57,993 2,397,192 6,770,141 537,795
21,961 (88,011) 3,363,960 159,399
21,893 715,588 2,160,472 100,214
- - - 2,180,558
- - - 3,516,434
41,537 45,921 582,808 197,576
73,129 - 2,027,445 12,048
126,755 538,358 1,637,463 35,465
196,100 250,066 2,774,737 36,404
539,368 3,859,114 19,317,026 6,775,893
(445,518) 369,534 144,145 (229,620)
210,706 2,048,059 2,460,752 -
11,433 494,818 788,072 139,603
- - (436,971) (1,321)
222,139 2,542,877 2,811,853 138,282
(223,379) 2,912,411 2,955,998 (91,338)
- - 1,062,326 73,919
(134,034) (873) (1,114,789) (18,321)
(134,034) (873) (52,463) 55,598
2,778,377 (224,252) 2,903,535 (35,740)
10,178,746 3,085,742 62,914,566 2,231,402
(372,712) - (351,328) -
9,806,034 3,085,742 62,563,238 2,231,402
$ 12,584,411 $ 2,861,490 $ 65,466,773 $ 2,195,662
Business-Type Activities - Enterprise Funds
Ambulance
37 City of Dinuba
Combining Statement of Cash Flows
Proprietary Funds
For the year ended June 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:

Cash received from customers and users 3,572,142 $ 4,395,362 $ 3,467,490 $ 3,528,211 $ Cash received from interfund services provided
Cash paid to suppliers for goods and services (1,720,713) (2,292,718) (1,136,523) (3,057,213) Cash paid to employees for services (910,820) (707,111) (2,417,212) (283,794) Cash Received from (payments to) others 8,039 - - 392
Net cash provided (used) by operating activities 948,648 1,395,533 (86,245) 187,596 CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES:

Cash transfers in 311,027 751,299 - -
Cash transfers out (353,810) (532,692) - (93,380)
Short-term loans to/from other funds 192,224
Intergovernmental revenue 127,514 4,175 - 75,000
Repayments (made)/ received on notes/loans/leases 1,810 - 188,581 - Advance from other funds 650,000
Net cash provided (used) by
noncapital financing activities 86,541 415,006 838,581 (18,380) CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES:

Acquisition and construction of capital assets (167,527) (798,675) (596,327) (90,184) Principal paid on capital debt (476,895) (579,414) (96,678) (12,078) Interest paid on capital debt (74,754) (256,535) (4,148) (924) Net cash provided (used ) by
capital and related financing activities (1,634,624) (719,176) (697,153) (103,186) CASH FLOWS FROM INVESTING ACTIVITIES:

Interest earning 49,439 149,550 - 83,899
Net cash provided (used ) by investing activities 49,439 149,550 - 83,899 Net increase (decrease) in cash and cash equivalents 225,354 465,563 55,183 149,929 CASH AND INVESTMENTS - Beginning of year 589,707 2,998,923 200,701 1,836,941 CASH AND INVESTMENTS - End of year $ 815,061 3,464,486 $ 255,884 $ 1,986,870 $

RECONCILIATION OF OPERATING INCOME (LOSS) TO NET
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES:

Operating income (loss) $ 1,112,247 348,277 $ $ (1,340,618) $ 100,223 Adjustments to reconcile operating income (loss) to
net cash provided by (used in) operating activities:

Depreciation 627,622 576,653 1,083,274 41,022
Changes in pension related items 31,296 16,108 - 13,430 Changes in OPEB liability (60,863) (23,474) - (11,896)
Changes in lease receivable related items - - - -
(Increase) decrease in accounts receivable (104,412) (193,704) 47,874 238 (Increase) decrease in prepaid expense (11,294) (1,850) 10,115 (460) (Increase) decrease in inventories - - 12,845 -
Increase (decrease) in accounts payable & accrued liabilities 45,420 (105,748) 70,718 48,104 Increase (decrease) in deposits payable 51,224 - - -
Increase (decrease) in unearned revenues - 2,196 29,547 - Increase (decrease) in compensated absences 21,378 13,105 - (3,065) Net cash provided by (used in) operating activities $ 1,395,533 948,648 $ (86,245) $ 187,596 $ Business-Type Activities - Enterprise Funds
Water Sewer Golf Course Disposal
See accompanying Notes to Basic Financial Statements.
38 Governmental
Nonmajor Activities -
Enterprise Internal Service
Funds Totals Funds
$ 3,720,488 $ 18,764,905 81,212 $ - $
- - 6,534,218
(1,218,631) (286,436) (9,712,234) (6,209,854)
(2,346,356) (6,665,293) (539,653)
25,854 (64,411) (30,126) -
181,355 (269,635) 2,357,252 (215,289)
- - 1,062,326 73,919
(134,034) (873) (1,114,789) (18,321)
(32,063) 160,161 (8,620)
246,924 2,169,082 2,622,695 -
- - 190,391 -
650,000 - -
2,035,048 213,988 3,570,784 46,978
(902,460) - (2,555,173) (48)
(1,499) - (1,166,564) (34,211)
- - (336,361) (1,321)
(903,959) - (4,058,098) (35,580)
495,512 11,550 789,950 140,283
495,512 11,550 789,950 140,283
1,807,956 (44,097) 2,659,888 (63,608)
11,155,846 277,304 17,059,422 3,603,445
$ 12,963,802 $ 233,207 $ 19,719,310 $ 3,539,837
$ 369,534 $ (445,518) $ 144,145 $ (229,620)
196,100 250,066 2,774,737 36,404
118 91,387 152,339 18,146
(62,988) (3,187) (162,408) (31,547)
899 - 899
(482,306) (13,537) (745,847) (12,055)
113 (81) (3,457) 11,653
- - 12,845 -
(6,888) - 51,606 (19,813)
- (1,080) 50,144 -
- - 31,743 -
22,437 (3,349) 50,506 11,543
$ 181,355 $ (269,635) $ 2,357,252 $ (215,289)
Business-Type Activities - Enterprise Funds
Ambulance
39 City of Dinuba
Statement of Fiduciary Net Position
Fiduciary Funds
June 30, 2024
Redevelopment
Successor Agency
Private-Purpose
Trust Fund
ASSETS
Cash and investments $ 1,650,537
Receivables:

Accrued interest 1,483
Prepaid costs 1,424
Land held for resale 1,888,463
Restricted assets:

Cash and investments with fiscal agents 196,751
Capital assets:

Nondepreciable 2,730,607
Depreciable 167,848
Accumulated depreciation (138,829)
Total assets 6,498,284

DEFERRED OUTFLOWS OF RESOURCES
Deferred charge on refunding 1,598,254
Total deferred outflows of resources 1,598,254

LIABILITIES
Accrued liabilities 4,618
Accrued interest 351,790
Due to other governments 187
Long-term liabilities:

Long-term debt - due within one year 1,285,000
Long-term debt - due in more than one year 36,723,446
Total liabilities 38,365,041

DEFERRED INFLOWS OF RESOURCES
Deferred gain on refunding 751,348
Total deferred inflows of resources 751,348

NET POSITION
Restricted for:

Held in trust for private purposes (31,019,851)
Total Net Position $ (31,019,851)
See accompanying Notes to Basic Financial Statements.
40 City of Dinuba
Statement of Changes in Fiduciary Net Position
Fiduciary Funds
For the year ended June 30, 2024
Redevelopment
Successor Agency
Private-Purpose
Trust Fund
ADDITIONS:

Taxes $ 3,514,933
Interest and change in fair value of investments 54,842 Total additions 3,569,775
DEDUCTIONS:

Administrative expenses 165,587
Contractual services 16,594
Interest expense 1,999,701
Depreciation expense 5,188
Cost of issuance of debt 351,557
Total deductions 2,538,627
Change in net position 1,031,148
NET POSITION:

Beginning of year (32,050,999)
End of year $ (31,019,851)
See accompanying Notes to Basic Financial Statements.
41 This page intentionally left blank
42 NOTES TO BASIC

FINANCIAL STATEMENTS
43 This page intentionally left blank
44 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The financial statements of the City of Dinuba (City) have been prepared in conformity with accounting principles generally accepted in the United States of America (USGMP) as applied to governmental units.

The Governmental Accounting Standards Board (GASB) is the accepted standard-setting body for establishing governmental accounting and financial reporting principles. The more significant of the government's accounting policies are described below.

A. Reporting Entity
The City of Dinuba is a political subdivision provided for by the General Law of the State of California and, as such, can exercise the powers specified by the Constitution and laws of the State of California. The City was incorporated in 1906 as a general law city. On June 4, 1994, the voters of the City approved a Charter which gives the City Council greater self-rule, and the Charter was accepted by the Secretary of State on July 7, 1994. The City operates under a council-manager form of government.

The City of Dinuba is a municipal corporation governed by an elected five-member City Council who, in turn, elects one of its members to serve as the Mayor. As required by accounting principles generally accepted in the United States of America, these financial statements present the government and its component units, entities for which the government is considered to be financially accountable. Blended component units, although legally separate entities, are, in substance, part of the government's operations and so data from these units are combined with data of the City. The blended component units have a June 30 fiscal year end to coincide with the City's.

Blended Component Unit
In addition, in May 1994, the Dinuba Financing Authority (Authority) was formed in order to provide a funding vehicle for necessary street improvements within the City. The governing board of the Dinuba Financing Authority is the City Council, and the City Manager acts as Executive Director. A separate financial report is not being issued for the Dinuba Financing Authority. The activity of the Authority is reported in the Financing Authority Debt Service Fund of the City.

B. Government-Wide and Fund Financial Statements
The government-wide financial statements (i.e., the statement of net position and the statement of activities) report information on all of the nonfiduciary activities of the primary government and its component units. For the most part, the effect of interfund activity has been removed from these statements. Governmental activities, which normally are supported by taxes and intergovernmental revenues, are reported separately from business-type activities, which rely to a significant extent on fees and charges for support.

The statement of activities demonstrates the degree to which the direct expenses of a given function or segment are offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or segment. Program revenues include: 1) charges to customers or applicants who purchase, use, or directly benefit from goods, services, or privileges provided by a given function or segment and (2) grants and contributions that are restricted to meeting the operational or capital 45 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Continued B. Government-Wide and Fund Financial Statements, Continued requirements of a particular function or segment. Taxes and other items not properly included among program revenues are reported instead as general revenues.

Separate financial statements are provided for governmental funds, proprietary funds, and fiduciary funds, even though the latter are excluded from the government-wide financial statements. Major individual governmental funds and major individual enterprise funds are reported as separate columns in the fund financial statements.

C. Measurement Focus, Basis of Accounting, and Financial Statement Presentation The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting, as are the proprietary funds financial statements. Revenues are recorded when earned and expenses are recorded when the liability is incurred, regardless of the timing of related cash flows. Property taxes are recognized as revenues in the fiscal year for which they are levied.

Grants and similar items are recognized as revenue as soon as all eligibility requirements imposed by the provider have been met.

In the Fund Financial Statements, fiduciary funds are presented using the accrual basis of accounting. The private-purpose trust funds and custodial funds use the economic resources measurement focus.

Governmental funds financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period. For this purpose, the government considers revenues to be available if they are collected within 60 days of the end of the current fiscal period. Expenditures generally are recorded when the liability is incurred, as under accrual accounting. However, debt service expenditures, as well as expenditures related to compensated absences and claims and judgments, are recorded only when payment is due.

Property taxes, franchise taxes, licenses, and interest associated with the current fiscal period are all considered to be susceptible to accrual and so have been recognized as revenues of the current fiscal period. Only the portion of special assessments receivable due within the current fiscal period is considered to be susceptible to accrual as revenue of the current period. All other revenue items are considered to be measurable and available only when cash is received by the government.

The City reports the following major governmental funds:

The General Fund is the City's primary operating fund. It accounts for all financial resources of the general government, except those required to be accounted for in other funds.

HUD Grants Fund - This fund accounts for certain designated projects paid for the HUD Grant Federal program monies received from the State, along with repayments of loans. 46 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Continued C. Measurement Focus, Basis of Accounting, and Financial Statement Presentation, Continued Transportation Construction Fund - This fund accounts for other major street construction projects.

The City reports the following major proprietary funds:

The Water Enterprise Fund - This fund accounts for the operation and maintenance of the City's water distribution system.

The Sewer Enterprise Fund - This fund accounts for the operation and maintenance of the City's wastewater collection system including operating costs of the wastewater treatment facility.

The Golf Course Fund - This fund accounts for the operation and maintenance of the City's golf course.

The Disposal Enterprise Fund - This fund accounts for the collection and disposal of solid waste from industrial, commercial, and residential users throughout the Dinuba area.

The Ambulance Enterprise Fund - This fund accounts for ambulance service fees and all costs associated with providing ambulance service throughout the City.

Additionally, the City reports the following fund types:

The Debt Service Funds are used to account for financial resources that are restricted, committed, or assigned to expenditure for principal and interest.

The Special Revenue Funds are used to account for the City’s other source of special revenue.

The Capital Project Funds are used to account for the City’s major capital improvement.

The Internal Service Funds account for financial transactions related to the City's billing and collections, maintenance and repairs, self-insurance programs and technology replacement. These services are provided to other departments or agencies of the City on a cost reimbursement basis.

The Fiduciary Funds are used to report resources held by the City in a purely custodial capacity, which involves only the receipt, temporary investment, and remittance of fiduciary resources to individuals, private organizations, or other governments. These funds are not included in the government-wide financial statements. The Private-Purpose Trust Funds are used to account for the assets of the former City of Dinuba Redevelopment Agency during the wind down period.

As a general rule, the effect of interfund activity has been eliminated from the governmentwide financial statements. Exceptions to this general rule are charges between the government's proprietary funds function and various other functions of the government. Elimination of these charges would distort the direct costs and program revenues reported for the various functions concerned.

Proprietary funds distinguish operating revenues and expenses from nonoperating items. Operating revenues and expenses generally result from providing services and producing and delivering goods in connection with a proprietary fund's principal ongoing operations. The principal operating revenues of the Enterprise Funds and of the Internal Service Fund are charges to customers for sales and services.

Operating expenses for the Enterprises Funds and the Internal Service Funds include the cost of sales and services, administrative expenses, and depreciation on capital assets. All revenues and expenses not meeting this definition are reported as nonoperating revenues and expenses. 47 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Continued C. Measurement Focus, Basis of Accounting, and Financial Statement Presentation, Continued When both restricted and unrestricted resources are available for use, it is the government's policy to use restricted resources first, then unrestricted resources as they are needed.

D. Assets, Deferred Outflows of Resources, Liabilities, Deferred Inflows of Resources, Net Position or Equity
Cash and Investments
In order to maximize the flexibility of its investment program and to aid in cash budgeting, the City pools the cash of all funds, except for monies deposited with fiscal agents in accordance with related bond indentures. The cash and investments balance in each fund represent that fund's equity share of the City's cash and investment pool. As the City places no restrictions on the deposit or withdrawal of a particular fund's equity in the pool, the pool operates like a demand deposit account for the participating funds.

Interest income earned on pooled cash and investments is allocated monthly to the various funds based on month-end balances and is adjusted at fiscal year-end. Interest income on restricted cash and investments with fiscal agents is credited directly to the related fund.

In accordance with the State of California Government Code, the City adopts an investment policy annually that, among other things, authorizes types and concentrations of investments and maximum investment terms.

The City's investments are carried at fair value. The fair value of equity and debt securities is determined based on sales prices or bid-and-asked quotations from SEC- registered securities exchanges or NASDAQ dealers. LAIF determines the fair value of its portfolio quarterly and reports a factor to the City; the City applies that factor to convert its share of LAIF from amortized cost to fair value. Changes in fair value are allocated to each participating fund.

For purposes of the statement of cash flows, the City has defined cash and cash equivalents to be change and petty cash funds, equity in the City's cash and investment pool, and restricted non-pooled investments with initial maturities of three months or less.

Property Taxes
Assessed values for purposes of property taxes are determined on an annual basis for the period July 1 to June 30 by the Tulare County Assessor as of January 1. Taxes are levied annually on July 1 and become a lien on real property at January 1. Taxes are due November 1 and February 1 and are delinquent if not paid by December 10 and April 10, respectively, at which time applicable penalties and interest are assessed. Unsecured taxes became delinquent if not paid by August 31.

Prepaid Items
Payments to vendors that reflect costs applicable to future accounting periods are recorded as prepaid items in both government-wide and fund financial statements. The cost of prepaid items is recorded as expenditures/expenses when consumed rather than when purchased. 48 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Continued D. Assets, Deferred Outflows of Resources, Liabilities, Deferred Inflows of Resources, Net Position or Equity, Continued
Restricted Assets
Certain proceeds of the City's long-term debt, as well as certain resources set aside for their repayment, are classified as restricted assets on the balance sheet because they are maintained in separate bank accounts and their use is limited by applicable bond covenants.

In the absence of specific statutory provisions governing the issuance of bonds, certificates, or leases, these bond monies may be invested in accordance with the ordinance; resolutions and indentures specifying the types of investments its trustees or fiscal agents may make. These ordinances, resolutions, and indentures are generally more restrictive than the City's general investment policy. In no instance have additional types of investments been authorized that are not permitted by the City's general investment policy.

Capital Assets
Capital assets, which include property, plant, equipment, fine art, and infrastructure assets (e.g., roads, bridges, sidewalks, traffic lights and signals, streetlights, and similar items), are reported in the applicable governmental or business-type activities columns in the government-wide financial statements. Capital assets are defined by the City as assets with an initial, individual cost of $10,000 or more and an estimated useful life in excess of one year. Such capital assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated capital asset, donated works of art and similar items, and capital assets received in a service concession arrangement are reported at acquisition value. The cost of normal maintenance and repairs that do not add to the value of the capital asset or materially extend capital asset lives are not capitalized.

Major outlays for capital assets and improvements are capitalized as projects are constructed.

Capital assets of the City are depreciated using the straight-line method over the following estimated useful lives:

The City's art collection is not depreciated. Periodic restoration and maintenance costs on particular items are charged to expense as incurred.

Assets Years
Buildings 30
Improvements other than buildings 30
Infrastructure 20 to 40
Utility systems 40 to 75
Vehicles 5
Computer equipment 7
49 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Continued D. Assets, Deferred Outflows of Resources, Liabilities, Deferred Inflows of Resources, Net Position or Equity, Continued
Compensated Absences
It is the City's policy to permit employees to accumulate earned but unused vacation and sick leave benefits. All vacation and sick leave benefits are accrued as earned by employees. A portion of unused sick leave benefits, varying by employee bargaining unit, vests and is payable upon retirement. For proprietary funds, a current liability is reported for that portion of the estimated value of vacation and sick leave benefits to be used during the subsequent fiscal year, and the estimated value of vested sick leave benefits of employees approaching or at their respective retirement ages.

Long-Term Obligations
In the government-wide financial statements, and proprietary fund types in the fund financial statements, long-term debt and other long-term obligations are reported as liabilities in the applicable governmental activities, business-type activities, or proprietary fund type statement of net position. Initial-issue bond premiums and discounts are deferred and amortized over the life of the bonds using the straight-line method (which approximates the effective interest method). The difference between the reacquisition price of refunding bonds and the net carrying amount of refunded debt (deferred amount on refunding) is amortized over the shorter of the life of the refunding debt or remaining life of the refunded debt.

Amortization of bond premiums or discounts, and deferred amounts on refunding is included in interest expense.

In the fund financial statements, governmental fund types recognize bond premiums, discounts, and issuance costs during the period issued. The face amount of debt issued is reported as other financing sources. Premiums received are reported as other financing sources, while discounts are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt service expenditures.

Net Pension Liability
For purposes of measuring the net pension liability, deferred outflows and inflows of resources related to pensions, and pension expense, information about the fiduciary net position and additions to/deductions from the fiduciary net position have been determined on the same basis as they are reported by the CalPERS Financial Office. For this purpose, benefit payments (including refunds of employee contributions) are recognized when currently due and payable in accordance with the benefit terms.

Investments are reported at fair value. CalPERS audited financial statements are publicly available reports that can be obtained at CalPERS' website under Forms and Publications.

Other Post-Employment Benefits (OPEB)
For purposes of measuring the total OPEB liability, deferred outflows of resources and deferred inflows of resources related to OPEB, and OPEB expense have been determined by an independent actuary. For this purpose, benefit payments are recognized when currently due and payable in accordance with the benefit terms.
50 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Continued D. Assets, Deferred Outflows of Resources, Liabilities, Deferred Inflows of Resources, Net Position or Equity, Continued
Generally accepted accounting principles require that the reported results must pertain to liability information within certain defined timeframes. For this report, the following timeframes are used:

Deferred Outflows and Inflows of Resources
In addition to assets, the statement of net position will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net assets that applies to a future period(s) and so will not be recognized as an outflow of resources (expense) until then. The City reports deferred charges on bond refunding's as well as deferred outflows relating to the net pension liability and total OPEB liability reported in the government-wide statement of net position for governmental and business-type activities.

In addition to liabilities, the statement of net position and governmental balance sheet will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net assets that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time. The City has five items that qualify for reporting in the category. The first item are deferred inflows relating to the net pension liability reported in the government-wide statement of net position for governmental and business-type activities.

The second item relates to revenues earned, but not yet available for resources. The third item is deferred inflows relating to the total OPEB liability reported in the government-wide statement of net position for governmental and business-type activities. The fourth item is deferred inflows related to lease revenues that are recognized over the lease period. The fifth item is deferred inflows related to deferred gain on bond refunding.

Interfund Transactions
Interfund transactions are reflected as either loans, services provided, reimbursements, or transfers. Loans are reported as receivables and payables as appropriate, are subject to elimination upon consolidation and are referred to as either "due to/from other funds" (i.e., the current portion of interfund loans) or "advances to/from other funds" (i.e., the noncurrent portion of interfund loans). Any residual balances outstanding between the governmental activities and the business-type activities are reported in the government-wide financial statements as "internal balances". Advances between funds, as reported in the fund financial statements, are offset by a fund balance reserve account in applicable governmental funds to indicate that they are not available for appropriation and are not available financial resources.

Services provided, deemed to be at market or near market rates, are treated as revenues and expenditures/expenses. Reimbursements are when one fund incurs a cost, charges the appropriate benefiting fund, and reduces its related cost as a reimbursement. All other interfund transactions are treated as transfers. Transfers between governmental or proprietary funds are netted as part of the reconciliation to the government-wide presentation.

Valuation Date June 30, 2023
Measurement Date June 30, 2023
Measurement Period June 30, 2022 to June 30, 2023
51 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Continued D. Assets, Deferred Outflows of Resources, Liabilities, Deferred Inflows of Resources, Net Position or Equity, Continued
Net Position and Fund Equity
GASB Statement No. 63 requires that the difference between assets added to the deferred outflows of resources and liabilities added to the deferred inflows of resources be reported as net position. Net position is classified as either net investment in capital assets, restricted, or unrestricted.

Net position that is net investment in capital assets consist of capital assets, net of accumulated depreciation, and reduced by the outstanding principal of related debt.

Restricted net position is the portion of net position that has external constraints placed on it by creditors, grantors, contributors, laws, or regulations of other governments, or through constitutional provisions or enabling legislation. Unrestricted net position consists of net position that does not meet the definition of net investment in capital assets or restricted net position.

In the fund financial statements, governmental funds report fund balance as non-spendable, restricted, committed, assigned or unassigned based primarily on the extent to which the City is bound to honor constraints on how specific amounts can be spent.
 Non-spendable fund balance - amounts that cannot be spent because they are either (a) not spendable in form or (b) legally or contractually required to be maintained intact.  Restricted fund balance - amounts with constraints placed on their use that are either (a) externally imposed by creditors, granters, contributors, or laws or regulations of other governments; or (b) imposed by law through constitutional provisions or enabling legislation.  Committed fund balance - amounts that can only be used for specific purposes determined by formal action of the City Council which includes the City Charter, ordinances and resolutions and that remain binding unless removed in the same manner. The underlying action that imposed the limitation needs to occur no later than the close of the reporting period.  Assigned fund balance - amounts that are constrained by the City's intent to be used for specific purposes but are neither restricted nor committed. Such intent should be expressed by the City Council or its designated officials to assign amounts to be used. Constraints imposed on the use of assigned amounts can be removed with no formal Council actions.  Unassigned fund balance - the residual classification for the City's General Fund that includes amounts not contained in the other classifications. In other funds, the unassigned classification is used only if expenditures incurred for specific purposes exceed the amounts restricted, committed, or assigned to those purposes.

The City Council establishes, modifies, or rescinds fund balance commitments and assignments by passage of a resolution or other formal action. This is done through adoption of the budget, subsequent budget amendments, resolution, or other formal actions when necessary that occur throughout the year.

When both restricted and unrestricted resources are available for use, it is the City's policy to use restricted resources first, followed by unrestricted committed, assigned and unassigned resources as they are needed.
52 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Continued E. Use of Estimates
The preparation of basic financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses/expenditures during the reporting period. Actual results could differ from those estimates.

2. STEWARDSHIP, COMPLIANCE, AND ACCOUNTABILITY
A. Deficit Fund Balances and Net Position
The Assessment Districts Fund has a deficit fund balance of $36,412 which should be alleviated as additional revenues or transfers are received.

The MTBE Fund has a deficit fund balance of $41,230 which should be alleviated as additional revenues or transfers are received.

The Property and Equipment Internal Service Fund has a deficit net position of $586,440 and the Technology Fund has a deficit net position of $13,291. These deficits should be alleviated as additional revenues are received by City departments.

3. CASH AND INVESTMENTS
Cash and investments as of June 30, 2024, are classified in the accompanying financial statements as follows:

Cash and investments as of June 30, 2024, consist of the following:

Statement of net position:

Cash and investments $ 63,955,127
Restricted cash and investments with fiscal agents 1,897,659 Fiduciary funds:

Cash and investments 1,650,537
Restricted cash and investments with fiscal agents 196,751 $ 67,700,074
Cash on hand $ 8,570
Deposits with financial institutions 12,733,514
Investments 54,957,990
$ 67,700,074
53 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

3. CASH AND INVESTMENTS, Continued
A. Investments Authorized by the California Government Code and the City's Investment Policy The table below identifies the investment types that are authorized for the City of Dinuba (City) by the California Government Code (or the City's investment policy, where more restrictive). The table also identifies certain provisions of the California Government Code (or the City's investment policy, where more restrictive) that address interest rate risk, credit risk, and concentration of credit risk. This table does not address investments of debt proceeds held by bond trustee that are governed by the provisions of debt agreements of the City, rather than the general provisions of the California government Code or the City's investment policy.

The investment policy allows for the above investments which have equal safety and liquidity as all other allowed investments. Maturity depends on the cash needs of the City.

Authorized Investment Type
Maximum
Maturity
Maximum
Percentage
of Portfolio
Maximum
Investment in
One Issuer
Local Agency Investment Fund (State Pool) N/A None $50 million U.S. Treasury Obligations N/A None None
U.S. Government Agency Issues N/A None None
Insured Passbook on Demand Deposits with
Banks and Savings and Loans N/A None 100,000
Certificates of Deposit 5 years None 100,000
Money Market Funds (must be comprised
of eligible securities permitted under this
policy)
N/A None None
Repurchase Agreements 1 year None None
54 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

3. CASH AND INVESTMENTS, Continued
B. Investments Authorized by Debt Agreements
Investment of debt proceeds held by bond trustees are governed by provisions of the debt agreements, rather than the general provisions of the California Government Code or the City's investment policy.

The table below identifies the investment types that are authorized for investments held by bond trustee.

The table also identifies certain provisions of these debt agreements that address interest rate risk, credit risk, and concentration of credit risk.

The investment policy allows for the above investments which have equal safety and liquidity as all other allowed investments. Maturity depends on the cash needs of the City.

C. Disclosures Relating to Interest Rate Risk
Interest rate risk is the risk that changes in market interest rates will adversely affect the fair value of an investment. Generally, the longer the maturity of an investment, the greater the sensitivity of its fair value to changes in market interest rates. One of the ways that the City manages its exposure to interest rate risk is by purchasing a combination of shorter term and longer term investments and by timing cash flows from maturities so that a portion of the portfolio is maturing or coming close to maturity evenly over time as necessary to provide the cash flow and liquidity needed for operations.

Authorized Investment Type
Maximum
Maturity
Maximum
Percentage
of Portfolio
Maximum
Investment in
One Issuer
Local Agency Investment Fund (State Pool) N/A None $50,000 U.S. Treasury Obligations N/A None None
U.S. Government Agency Issues N/A None None
Insured Passbook on Demand Deposits with
Banks and Savings and Loans N/A None 100,000
Certificates of Deposit 5 years None 100,000
Commercial Paper
Mutual Funds (must be comprised
of eligible securities permitted under this
policy)
Money Market Funds (must be comprised
of eligible securities permitted under this
policy)
N/A None None
Municipal Bonds (rated highest 2 categories) N/A None None Investment Agreements N/A None None
Repurchase Agreements 1 year None None
55 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

3. CASH AND INVESTMENTS, Continued
C. Disclosures Relating to Interest Rate Risk, Continued Information about the sensitivity of the fair values of the City's investments (including investments held by bond trustee) to market interest rate fluctuations is provided by the following table that shows the distribution of the City's investments by maturity:

D. Investments with Fair Values Highly Sensitive to Interest Rate Fluctuations The City has no investments (including investments held by bond trustees) that are highly sensitive to interest rate fluctuations (to a greater degree than already indicated in the information provided above).

E. Disclosures Relating to Credit Risk
Generally, credit risk is the risk that an issuer of an investment will not fulfill its obligation to the holder of the investment. This is measured by the assignment of a rating by a nationally recognized statistical rating organization. Presented below is the minimum rating required by (where applicable) the California Government Code, the City's investment policy, or debt agreements, and the actual rating as of fiscal year end for each investment type.

The investment policy of the City contains limitations on the amount that can be invested in any one issuer. There are no investments in any one issuer (other than U.S. Treasury securities, mutual funds, and external investment pools) that represent 5% or more of total City investments.

Investment Type Totals
12 Months or
Less
State Investment Pool $ 40,628,708 $ 40,628,708
Money Market Funds 12,431,623 12,431,623
Held by Bond Trustees:

Money Market Funds 1,897,659 1,897,659
Total $ 54,957,990 $ 54,957,990
Remaining Maturity (in Months)
Investment Type Amount
Minimum
Legal
Rating
Rating as of
Fiscal Year-end
Not Rated
State Investment Pool 40,628,708 $ N/A 40,628,708 $
Money Market Funds 12,431,623 N/A 12,431,623
Held in Bond Trustees:

Money Market Funds 1,897,659 N/A 1,897,659
Total $ 54,957,990 $ 54,957,990
56 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

3. CASH AND INVESTMENTS, Continued
F. Custodial Credit Risk
Custodial credit risk for deposits is the risk that, in the event of the failure of a depository financial institution, a government will not be able to recover its deposits or will not be able to recover collateral securities that are in the possession of an outside party. The custodial credit risk for investments is the risk that, in the event of the failure of the counterparty (e.g. broker- dealer) to a transaction, a government will not be able to recover the value of its investment or collateral securities that are in the possession of another party. The California Government Code and the City's investment policy do not contain legal or policy requirements that would limit the exposure to custodial credit risk for deposits or investments.

The California Government Code requires that financial institution secure deposits made by state or local governmental units by pledging securities in an undivided collateral pool held by a depository regulated under state law (unless so waived by the government unit). The fair value of the pledged securities in the collateral pool must equal at least 110% of the total amount deposited by the public agencies. California law also allows financial institutions to secure City deposits by pledging first trust deed mortgage notes having a value of 150% of the secured public deposits.

As of June 30, 2024, all of the City's deposits with financial institutions in excess of federal depository insurance limits were held in collateralized accounts. As of June 30, 2024, City investments in the following investment types were held by the same broker-dealer (counterparty) that was used by the City to buy the securities:

G. Investment in State Investment Pool
The City is a voluntary participant in the Local Agency Investment Fund (LAIF) that is regulated by the California Government Code under the oversight of the Treasurer of the State of California. The fair value of the City's investment in this pool is reported in the accompanying financial statements at amounts based upon the City's pro-rata share of the fair value provided by LAIF for the entire LAIF portfolio (in relation to the amortized cost of that portfolio). The balance available for withdrawal is based on the accounting records maintained by LAIF, which are recorded on an amortized cost basis.

H. Fair Value Measurements
The City categorizes its fair value measurements within the fair value hierarchy establish by generally accepted accounting principles. These principles recognize a three tiered fair value hierarchy as follows:

Level 1 - Investments reflect prices quoted in active markets; Level 2 - Investments reflect prices that are based on similar observable asset either directly or indirectly, which may include inputs in markets that are not considered active; and Level 3 - Investments reflect prices based upon unobservable sources. The City has marketable securities that are measured with recurring fair value measurements as of June 30, 2024 and are valued using quoted market prices (level 1 inputs).

Investment Type Reported Amount
Money Market Funds 1,897,659 $
57 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

4. NOTES AND LOANS RECEIVABLE
Notes receivable as of June 30, 2024, totaled $31,857,953 and were recorded as follows:

Notes and loans receivable by type are:

5. ACCOUNTS RECEIVABLE
The following is a list of accounts receivable at June 30, 2024:

Special Revenue Funds $ 31,507,583
Enterprise Funds 350,370
Total Notes and Loans Receivables 31,857,953 $
Home Loan Rehabilitation Program loans to assist low income residents to afford safe and sanitary housing, including improvements to the housing; non-interest bearing to 10 percent interest; principal and interest generally due at maturity or change of home ownership; secured by deeds of trust; proceeds are paid directly to the builder and a receivable is recorded from the home purchaser. 12,878,316 $ HOME program funds were used to loan to a developer for the construction of an affordable Senior housing complex 3,000,000 California Department of Housing and Communty Development - City of Dinuba and Self-Help Enterprises Permanent Local Housing Allocation (PLHA) 5,088,428
Promissory notes from developers for the acquisition and development of property for housing projects within the City; interest rates from 3% to 4.81%; terms of the notes are thirty to forty years; notes secured by deeds of trust. 10,891,209 Totals 31,857,953 $
Receivable Allowance Net
Governmental Activities -
Due from other governments 9,592,019 $ -$ 9,592,019 $
Accounts 539,788 - 539,788
$ - 10,131,807 $ 10,131,807 $
Business-type Activities -
Due from other governments 210,706 $ - $ 210,706 $
Accounts 4,202,909 1,103,453 3,099,456
$ 4,413,615 $ 3,310,162 1,103,453 $
58 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

6. INTERFUND TRANSACTIONS
A. Current Interfund Balances
Current interfund balances arise in the normal course of business and are expected to be repaid shortly after the end of the fiscal year. These balances normally represent loans to cover temporary shortages of cash in individual funds. The following presents a summary of current interfund balances at June 30, 2024:

B. Long-term Interfund Advances
At June 30, 2024, the funds below have made/received advances that were not expected to be repaid within one year:

Advances will be repaid to the advancing fund when revenue in the receiving fund is adequate. These usually occur as impact fees, operating, fees, tax revenues, or sales of property occur.

Due to Fund Amount Due From Fund Amount
General Fund 789,056 $ Sewer Enterprise Fund $ 372,026
Nonmajor Governmental Funds 73,232
Nonmajor Enterprise Funds 343,798
$ Total 789,056 $ 789,056
Payable Fund Amount Receivable Fund Amount
Major Fund: Major Fund:

General $ 1,031,663 General $ 2,069,094
Major Proprietary Fund: Major Proprietary Fund:

Golf Course 2,161,764 Disposal 200,000
Non-Major Governmental Funds Non-Major Governmental Funds 200,000 1,124,333 Total $ 3,393,427 Total $ 3,393,427
59 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

6. INTERFUND TRANSACTIONS, Continued
C. Transfers Between Funds
With Council approval, resources may be transferred from one City fund to another. The purpose of the majority of transfers is to cover operating costs and fund capital projects, less often, an equity transfers may be made to open or close a fund.

7. COMPENSATED ABSENCES
The following is a summary of changes in the City's compensated absences for the fiscal year ended June 30, 2024:

Compensated absences in governmental activities have been liquidated in the past fiscal year in the general fund, the gas tax, transportation, public safety sales tax and community enhancement grant, (Special Revenue Funds) and general construction, vocational center, and public works management (Capital Projects funds).

Transfers In Amount Transfers Out Amount
Major Governmental: Major Governmental:

General $ 284,194 General $ 4,464,837
HUD Grants HUD Grants 7,270
Transportation Construction 5,086,539 Major Enterprise:

Major Enterprise: Water 353,810
Water 311,027 Sewer 532,692
Sewer 751,299 Golf
Golf Disposal 93,380
Internal Service Funds Ambulance 73,919 134,034
Non-Major Governmental Funds 4,068,662 Non-major Governmental Funds 4,970,423 Other Enterprise Funds 873
Internal Service Funds 18,321
$ 10,575,640 $ 10,575,640
Balance
July 1, 2023 Additions Reductions
Balance
June 30, 2024
Current
Portion
Governmental activities 974,885 $ 931,292 $ $ (939,714) $ 966,463 $ 209,882 Business-type activities 211,389 299,425 (248,919) 261,895 63,034 $ 1,186,274 $ 1,230,717 $ (1,188,633) $ 1,228,358 $ 272,916 60 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

8. CAPITAL ASSETS
A. Governmental Activities
Capital asset governmental activity for the fiscal year ended June 30, 2024 was as follows:

Depreciation expense was charged to functions/programs of the City's governmental activities as follows:

Balance at
July 1, 2023,
as restated Additions Deletions Transfers
Balance at
June 30, 2024
Capital Assets not being depreciated:

Land 10,600,525 $ - $ - $ - $ 10,600,525 $
Artwork 68,641 - - - 68,641
Right of way s/easements 113,218,295 - - 113,218,295 -
Construction in progress 1,970,863 4,200,082 - (22,320) 6,148,625 Total 125,858,324 4,200,082 - (22,320) 130,036,086
Capital Assets being depreciated:

Buildings 9,215,168 51,624 - (18,761) 9,248,031
Improvements other than buildings 12,021,378 855,322 - 171,773 13,048,473 Equipment and machinery 10,603,916 678,842 (109,358) (130,692) 11,042,708 Infrastructure 109,292,499 3,867,950 (231,299) 112,929,150 Total 141,132,961 5,453,738 (340,657) 22,320 146,268,362 Less accumulated depreciation for:

Buildings (5,382,958) (307,529) - 191 (5,690,296)
Improvements other than buildings (3,864,280) (413,362) - (5,712) (4,283,354) Equipment and machinery (8,139,492) (649,728) 109,358 5,521 (8,674,341) Infrastructure (36,469,894) (2,854,760) 215,816 (39,108,838) - Total (53,856,624) (4,225,379) 325,174 (57,756,829) -
Total, net of accumulated depreciation 87,276,337 1,228,359 (15,483) 22,320 88,511,533 Total Capital Assets, Net $ 213,134,661 $ 5,428,441 $ (15,483) $ 218,547,619 - $ General Government $ 3,177,738
Public Safety 606,834
Community Development 137,518
Parks & Rec 266,885
Internal Service Funds 36,404
$ 4,225,379
61 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

8. CAPITAL ASSETS, Continued
B. Business-type Activities
Capital asset business-type activity for the fiscal year ended June 30, 2024, was as follows:

Balance at
July 1, 2023,
as restated Additions Deletions Transfers
Balance at
June 30, 2024
Water Fund:

Capital Assets not being depreciated:

Land $ 261,806 $ - $ - $ - $ 261,806
Construction in progress 164,696 167,526 - - 332,222
Total capital assets 426,502 167,526 - - 594,028
Capital Assets being Depreciated:

Infrastructure 22,466,976 - - 22,466,976 -
Buildings and Improvements 4,852,279 - - 4,852,279 -
Equipment and machinery 1,279,419 - - 1,279,419 -
Total capital assets being depreciated 28,598,674 - - 28,598,674 - Less accumulated depreciation for:

Infrastructure (7,987,501) (369,104) - (8,356,605) -
Buildings and improvements (3,146,901) (142,042) - (3,288,943) - Equipment and machinery (747,841) (116,476) - - (864,317) Total accumulated depreciation (11,882,243) (627,622) - (12,509,865) - Total capital assets being depreciated, net 16,716,431 (627,622) - 16,088,809 - Water Fund Capital Assets, net $ 17,142,933 $ (460,096) $ - $ 16,682,837 - $ Sewer Fund:

Capital Assets not being depreciated:

Land $ 4,388,142 - - 4,388,142 - $
Construction in progress 2,596,133 497,505 (2,786,161) - 307,477 Total capital assets not being depreciated 6,984,275 497,505 (2,786,161) - 4,695,619 Capital Assets being depreciated:

Infrastructure 21,728,900 220,819 (2,081) 21,947,638 -
Buildings and improvements 4,403,718 - 2,786,161 - 7,189,879 Equipment and machinery 1,007,322 82,432 (35,564) 1,054,190 - Total capital assets being depreciated 27,139,940 303,251 (37,645) 2,786,161 30,191,707 Less accumulated depreciation for:

Infrastructure (5,897,972) (385,820) 1,498 (6,282,294) - Buildings and improvements (2,976,873) (79,562) - (3,056,435) - Equipment and machinery (423,180) (111,271) 34,066 - (500,385) Total accumulated depreciation (9,298,025) (576,653) 35,564 (9,839,114) - Total capital assets being depreciated, net 17,841,915 (273,402) (2,081) 2,786,161 20,352,593 Sewer Funds Capital Assets, net $ 24,826,190 $ 224,103 $ (2,081) $ 25,048,212 - $ Disposal Funds:

Capital Assets being depreciated:

Equipment and machinery $ 705,657 $ 90,184 $ - $ - $ 795,841 Less accumulated depreciation for:

Equipment and machinery (563,432) (41,022) - - (604,454) Disposal Fund Capital Assets, net $ 142,225 $ 49,162 $ - $ - $ 191,387 62 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

8. CAPITAL ASSETS, Continued
B. Business-type Activities, Continued
Balance at
July 1, 2023,
as restated Additions Deletions Transfers
Balance at
June 30, 2024
Ambulance Fund:

Capital Assets not being depreciated:

Construction in progress 1,342,158 $ 620,557 $ - $ - $ 1,962,715 $ Capital Assets being depreciated:

Equipment and machinery 1,996,643 293,043 (25,993) - 2,263,693 Less accumulated depreciation for:

Equipment and machinery (1,155,758) (250,066) 14,853 - (1,390,971) Total capital assets being depreciated, net 840,885 42,977 (11,140) - 872,722 Ambulance Fund Capital Assets, net $ 663,534 2,183,043 $ (11,140) $ - $ 2,835,437 $ Golf Course Fund:

Capital Assets not being depreciated:

Land 3,101,766 $ - $ - $ - $ 3,101,766 $
Total capital assets not being depreciated 3,101,766 - - - 3,101,766 Capital Assets being depreciated:

Infrastructure 6,530,587 - - - 6,530,587
Buildings and improvements 20,878,871 338,705 - - 21,217,576 Equipment and machinery 698,914 211,478 - - 910,392
Furniture & Fixures - 63,865 - - 63,865
Total capital assets being depreciated 28,108,372 614,048 - - 28,722,420 Less accumulated depreciation for:

Infrastructure (3,285,100) (215,170) - - (3,500,270)
Building and improvements (10,276,603) (726,657) - - (11,003,260) Equipment and machinery (369,500) (136,983) - - (506,483) Furniture & Fixures - (4,464) - - (4,464)
Total accumulated depreciation (13,931,203) (1,083,274) - (15,014,477) - Total capital assets being depreciated, net 14,177,169 (469,226) - 13,707,943 - Golf Course Capital Assets, net $ 17,278,935 $ (469,226) $ - $ 16,809,709 - $ Other Enterprise Funds:

Capital Assets being depreciated:

Building and improvements $ 4,638,844 $ - $ - $ 4,638,844 - $ Equipment and machinery 1,502,073 - (25,238) 1,476,835 - Total capital assets being depreciated 6,140,917 - (25,238) 6,115,679 - Less accumulated depreciation for:

Buildings and improvements (2,085,554) (131,282) - (2,216,836) - Equipment and machinery (1,366,696) (64,818) 25,238 (1,406,276) - Total accumulated depreciation (3,452,250) (196,100) 25,238 (3,623,112) - Other Enterprise Funds Capital Assets, net $ 2,688,667 $ (196,100) $ - $ 2,492,567 - $ Total Business-type Capital Assets, net $ 64,261,993 $ (188,623) $ (13,221) $ 64,060,149 - $ 63 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

8. CAPITAL ASSETS, Continued
B. Business-type Activities, Continued
Depreciation expense was charged to functions/programs of the City's business-type activities as follows:

9. LONG-TERM LIABILITIES
The following is a summary of changes in the City's long-term liabilities for the fiscal year ended June 30, 2024:

Business-type Activities
Water 627,622 $
Sewer 576,653
Disposal 41,022
Ambulance 250,066
Golf 1,083,274
Other Enterprise Funds 196,100
Total 2,774,737 $
Balance at
July 1, 2023 Additions Reductions
Balance at
June 30, 2024
Due Within
One Year
Governmental Activities
Direct Borrowings:

Financed purchase 8,614,560 $ 228,176 $ (682,853) $ 8,159,883 $ 699,501 $ Public Offerings:

Lease revenue bonds payable 12,155,000 - (725,000) 11,430,000 755,000 Original issue discount (185,031) 12,090 - (172,941) -
Original issue premium 128,459 - (8,398) 120,061 -
Total Governmental Activities 20,712,988 $ 240,266 $ (1,416,251) $ 19,537,003 $ 1,454,501 $ Business-type Activities:

Direct Borrowings:

Financed purchase 360,147 $ 188,581 $ (162,385) $ 386,343 $ 150,829 $ Water notes payable 2,717,463 - (434,029) 2,283,434 391,408 Public Offerings:

Revenue bonds 5,395,000 - (455,000) 4,940,000 470,000
Original issue premium 32,909 - (2,150) 30,759 -
Private Placement:

Revenue bonds 2,037,000 - (113,000) 1,924,000 116,000
Total Business-type Activities 10,542,519 $ 188,581 $ (1,166,564) $ 9,564,536 $ 1,128,237 $ 64 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

9. LONG-TERM LIABILITIES, Continued
A. Governmental Activities - Lease Revenue Bonds (Public Offerings) 2012 DFA Lease Revenue Bonds Payable - On November 7, 2012, the Dinuba Financing Authority issued $11,270,000 of 2012 Lease Revenue Refunding Bonds. The proceeds of the bonds were used to refund the 2002 Lease Revenue Bonds in the amount of $6,430,000, refund the $3,825,000 remaining balance of the 2010 Lease Revenue Notes issued by the Redevelopment Agency, fund a reserve account, and pay costs of issuance. The bonds consist of $5,285,000 of serial bonds with maturity dates from September 1, 2014 through 2024. Interest rates vary between 2.0%-3.0% with semi-annual payments due each March 1 and September 1. There are also $4,650,000 of term bonds due September 1, 2032 and $1,335,000 term bonds due September 1, 2038, which carry interest rates of 3.75% and 4.00%, respectively.

The principal balance outstanding on the 2012 bonds as of June 30, 2024 was $6,480,000. The refunding of the 2002 bonds resulted in a cash savings over the repayment period of $690,097 and an economic gain of $481,729. The refunding of the 2010 bonds resulted in a cash deficit of $2,361,946 as the 2010 bonds were due in 2017 whereas the 2012 bonds are due through 2038. 2016 DFA Lease Revenue Refunding Bonds Payable - October 12, 2016, the Dinuba Financing Authority issued $6,580,000 of 2016 Lease Revenue Refunding Bonds. The proceeds of the bonds were used to refund the 2007 Lease Revenue Bonds in the amount of $6,255,000 and pay costs of issuance.

The bonds consist of $6,580,000 of serial bonds with maturity dates from September 1, 2018 through 2038.

Interest rates vary between 2.0%-4.0% with semi-annual payments due each March 1 and September 1.

The refunding of the 2007 bonds resulted in a cash savings over the repayment period of $1,529,810 and an economic loss of $296,346. The principal balance outstanding on the 2016 bonds as of June 30, 2024 was $4,950,000.

B. Governmental Activities – Finance Purchase Agreements (Direct Borrowings) On July 1, 2015, the City entered into a Site and Facility Lease with PNC Bank. The City determined it was necessary and desirable to repay a loan to the Successor Agency to the Dinuba Redevelopment Agency.

The City will lease real property and improvements consisting of the Dinuba Transit Center to PNC in consideration for PNC's paying the City the sum of not to exceed $1,300,000 in advance rental. PNC bank will then lease the site and facility back to the City at an interest rate not to exceed 5.25%. The site and facility lease will commence on July 1, 2015 and shall end on May 25, 2030. The outstanding principal balance of this finance purchase obligation at June 30, 2024 is $686,372.

On December 1, 2013, the City entered into a lease purchase agreement with the Dinuba Financing Authority and Western Alliance Bank in the amount of $8,433,377. The lease was executed to finance the costs associated with the acquisition, construction, and installation of solar energy improvements to City facilities. The funds are to be deposited into a project fund ($8,146,742), a capitalized interest fund ($176,785) and a delivery costs fund ($109,850). Lease payments are made semi-annually on June 12 and December 12. Interest is 4.1925%. The lease term matures on December 12, 2033. The City has the right to prepay the lease at any time. The outstanding balance as of June 30, 2024 is $6,858,635. 65 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

9. LONG-TERM LIABILITIES, Continued
B. Governmental Activities – Finance Purchase Agreements (Direct Borrowings), Continued On July 1, 2016, the City entered into an agreement with Ray Morgan Company (RMC) for the purpose leasing a City Hall copy machine in the amount of $159,000. The monthly payments begin July 1, 2016 with a final maturity date of June 1, 2023. On May 17, 2021, the City re-entered into an agreement with RMC for the purpose leasing a City Hall copy machine in the amount of $98,265. The agreement has no stated interest rate and the monthly payments are $2,075. Payments are split between the governmental and business-type funds. The outstanding balance of the finance purchase obligation as of June 30, 2024 related to the governmental funds was $37,668.

On May 1, 2024, the City entered into an agreement with Wells Fargo Vendor Financial Services, LLC for the purpose of leasing multiple copiers for the Police Department in the amount of $31,140. The monthly payments begin June 30, 2024 with a final maturity date of April 30, 2029. The agreement has no stated interest rate and the monthly payments are $529 respectively. The outstanding balance of the finance purchase obligation as of June 30, 2024 was $30,621.

On July 1, 2016, the City entered into an agreement with Ray Morgan Company (RMC) for the purpose leasing a Public Works copy machine in the amount of $50, 190. The monthly payments begin July 1, 2016 with a final maturity date of June 1, 2023. On May 18, 2021, the City re-entered into an agreement with RMC for the purpose leasing a Public Works copy machine in the amount of $8,127. The agreement has no stated interest rate and the monthly payments are $645. Payments are split between the governmental and business-type funds. The outstanding balance of the finance purchase obligation as of June 30, 2024 related to the governmental funds was $3,115.

On April 5, 2024. The City entered into an agreement with Wells Fargo Vendor Financial Services, LLC for the purpose of leasing a copy machine for the Fire Department in the amount of $6,360. The first monthly payment was made on April 30, 2024. The monthly payments are $106. The outstanding balance of the finance purchase obligations as of June 30, 2024 was $6,042.

On September 25, 2019, the City entered into an agreement with Dell Financial Services for the purpose of providing services, software and hardware in the amount of $160,114. The first payment was due November 1, 2019. The agreement has an interest rate of 4.13% and the monthly payments are $2,948. The outstanding balance of the finance purchase obligation as of June 30, 2024 was $9,470.

On December 1, 2019, the City entered into an agreement with Enterprise to lease 3 vehicles for the Police Department in the amount of $55,472. The first monthly payment was made in January 2020. The monthly payment is $924.16. Subsequently, on August 14, 2020, the City entered into an additional agreement with Enterprise to lease 2 additional vehicles for the Police Department. The monthly payment is $1,241.92. On August 1, 2023, and April 1, 2024, the city entered into an additional agreement with Enterprise to lease 4 additional vehicles for the Police Department. The monthly payment is $1,004 to $1,131. The outstanding balance of the finance purchase obligations as of June 30, 2024, was $503,884.

On August 3, 2020, the City entered into an agreement with Image 200 to lease a copier for the Fire Department in the amount of $16,200. The first monthly payment was made in October 2020. The monthly payments are $270. The outstanding balance of the finance purchase obligation as of June 30, 2024 was $4,050.
66 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

9. LONG-TERM LIABILITIES, Continued
C. Long-Term Debt Amortization -Governmental Activities The annual requirements to amortize long-term debt outstanding at June 30, 2024 (other than compensated absences) are as follows:

Fiscal Year
Ended June 30, Principal Interest Total
2025 495,000 $ 235,200 $ 730,200 $
2026 510,000 218,212 728,212
2027 525,000 198,806 723,806
2028 545,000 178,744 723,744
2029 570,000 157,838 727,838
2030-2034 2,700,000 454,812 3,154,812
2035-2039 1,135,000 116,900 1,251,900
$ 1,560,512 6,480,000 $ 8,040,512 $
Fiscal Year
Ended June 30, Principal Interest Total
2025 260,000 $ 154,250 $ 414,250 $
2026 265,000 143,750 408,750
2027 280,000 132,850 412,850
2028 290,000 121,450 411,450
2029 300,000 111,150 411,150
2030-2034 1,645,000 412,875 2,057,875
2035-2038 1,910,000 140,625 2,050,625
$ 1,216,950 4,950,000 $ 6,166,950 $
2016 DFA Lease Revenue Refunding Bonds
2012 DFA Lease Revenue Refunding Bonds
Fiscal Year
Ended June 30, Principal Interest Total
2025 $ 91,331 $ 34,386 $ 125,717
2026 96,123 29,594 125,717
2027 101,167 24,551 125,718
2028 106,475 19,242 125,717
2029 112,062 13,655 125,717
2030 179,214 9,363 188,577
$ 686,372 $ 130,791 $ 817,163
Site and Facility
67 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

9. LONG-TERM LIABILITIES, Continued
C. Long-Term Debt Amortization -Governmental Activities, Continued Fiscal Year
Ended June 30, Principal Interest Total
2025 411,724 $ 283,278 $ 695,002 $
2026 471,541 265,396 736,937
2027 536,023 244,958 780,981
2028 605,475 221,764 827,239
2029 680,220 195,604 875,824
2030-2034 4,153,652 465,172 4,618,824
$ 1,676,172 6,858,635 $ 8,534,807 $
Fiscal Year
Ended June 30, Principal Interest Total
2025 19,653 $ - $ 19,653 $
2026 18,015 - 18,015
$ - 37,668 $ 37,668 $
Fiscal Year
Ended June 30, Principal Interest Total
2025 3,240 $ - $ 3,240 $
2026 810 - 810
$ - 4,050 $ 4,050 $
DeLange Fire Department
RMC City Hall Copier
Solar Energy
Fiscal Year
Ended June 30, Principal Interest Total
2025 6,228 $ $ - $ 6,228
2026 6,228 - 6,228
2027 6,228 - 6,228
2028 6,228 - 6,228
2029 5,709 - 5,709
$ 30,621 $ - $ 30,621
Wells Fargo Police Department Copier
68 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

9. LONG-TERM LIABILITIES, Continued
C. Long-Term Debt Amortization -Governmental Activities, Continued Fiscal Year
Ended June 30, Principal Interest Total
2025 $ 1,625 - $ 1,625
2026 1,490 - 1,490
$ 3,115 $ - $ 3,115
Fiscal Year
Ended June 30, Principal Interest Total
2025 $ 145,248 $ 36,771 $ 182,019
2026 135,394 35,482 170,876
2027 109,108 30,115 139,223
2028 103,763 24,927 128,690
2029 10,371 2,863 13,234
$ 503,884 $ 130,158 $ 634,042
RMC Public Works Copier
Enterprise Car
Fiscal Year
Ended June 30, Principal Interest Total
2025 $ 1,272 $ - $ 1,272
2026 1,272 - 1,272
2027 1,272 - 1,272
2028 1,272 - 1,272
2029 954 - 954
$ - 6,042 $ 6,042 $
IM 350F Fire Department Copier
Fiscal Year
Ended June 30, Principal Interest Total
2025 9,710 $ 1,247 $ 10,957 $
2026 10,315 642 10,957
$ 1,889 20,025 $ 21,914 $
Hotbox
69 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

9. LONG-TERM LIABILITIES, Continued
C. Long-Term Debt Amortization -Governmental Activities, Continued D. Business-Type Activities
Finance Purchase Agreements (Direct Borrowing)
On June 26, 2018, the City entered into an agreement with Enterprise Car Trust for the purpose of leasing thirteen 2019 Ram 1500 Classics in the amount of $354,082; of which $206,879 relates to governmental activities. The interest rate is 1.35% and the monthly payments are $5,270. The finance purchase obligation was paid off as of June 30, 2024.

On July 1, 2016, the City entered into an agreement with Ray Morgan Company (RMC) for the purpose leasing a City Hall copy machine in the amount of $159,000. The monthly payments begin July 1, 2016 with a final maturity date of June 1, 2021. On May 17, 2021, the City re-entered into an agreement with RMC for the purpose leasing a City Hall copy machine in the amount of $26, 150. The agreement has no stated interest rate and the monthly payments are $2,075. Payments are split between the governmental and business-type funds. The outstanding balance of the finance purchase obligation as of June 30, 2024 related to the business-type funds was $6,380.

On July 1, 2016, the City entered into an agreement with Ray Morgan Company (RMC} for the purpose leasing a Public Works copy machine in the amount of $50, 190. The monthly payments begin July 1, 2016 with a final maturity date of June 1, 2021. On May 18, 2021, the City re-entered into an agreement with RMC for the purpose leasing a Public Works copy machine in the amount of $30,574. The agreement has no stated interest rate and the monthly payments are $645. Payments are split between the governmental and business-type funds. The outstanding balance of the finance purchase obligation as of June 30, 2024 related to the business-type funds was $11,719.

On December 1, 2019, the City entered into an agreement with Leasing 2, Inc for the purpose of leasing a PipeHunter VacHunter excavator in the amount of $174,830. The first payment was due June 1, 2020. The agreement has an interest rate of 3.77%. The outstanding balance of the finance purchase obligation as of June 30, 2024 was $53,679.

Fiscal Year
Ended June 30, Principal Interest Total
2025 $ 1,454,501 $ 745,200 $ 2,199,701
2026 1,525,658 693,144 2,218,802
2027 1,565,026 631,280 2,196,306
2028 1,658,213 566,127 2,224,340
2029 1,679,316 481,110 2,160,426
2030-2034 8,662,169 1,342,223 10,004,392
2035-2039 3,045,000 257,525 3,302,525
4,716,609 19,589,883 $ 24,306,492 $
Net Premium (Discount) (52,880)
Grand Total
Governmental Activities 19,537,003 $
70 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

9. LONG-TERM LIABILITIES, Continued
D. Business-Type Activities, Continued
On March 16, 2020, the City entered into an agreement with RJMS Corporation for the purpose of leasing a Toyota Madvac Litter Vacuum in the amount of $50,332. The first payment was due April 8, 2020. The agreement has a total finance charge of $7,312. The outstanding balance of the finance purchase obligation as of June 30, 2024 was $12,572.

On September 18, 2020, the City entered into an agreement with PNC Equipment Finance, LLC (Lessor) for the purpose of financing the purchase of 75 Golf Carts in the amount of $280,512. The monthly payments begin January 1, 2021 with a final maturity date of January 1, 2025. The agreement has no stated interest rate and the monthly payments are $5,844. The outstanding balance of the finance purchase obligation as of June 30, 2024 was $35,064.

On February 1, 2021, the City entered into an agreement with PNC Equipment Finance, LLC (Lessor) for the purpose of financing the purchase of utility equipment in the amount of $144,642. The monthly payments begin March 1, 2021 with a final maturity date of March 1, 2026. The agreement has interest rate of 5.017% and the monthly payments are $2,331. The outstanding balance of the finance purchase obligation as of June 30, 2024 was $69,659.

On March 7, 2024, the City entered into an agreement with PNC Equipment Finance, LLC (Lessor) for the purpose of financing the purchase of Workman MDX in the amount of $188,581. The monthly payments begin June 1, 2024 with a final maturity date of May 1, 2029. The agreement has no stated interest rate and the monthly payments are $3,143. The outstanding balance of the finance purchase obligation as of June 30, 2024 was $185,438.
2012 Wastewater Revenue Refunding Bonds (Public Offering) On November 7, 2012, the City issued $8,145,000 of Series 2012 Wastewater Revenue Refunding Bonds.

The bonds were issued to refund $3,005,000 of outstanding 1998A Refunding Certificates of Participation, $3,845,000 of outstanding 2008 Lease Revenue Bonds, fund a reserve fund, and pay the costs of issuance.

These bonds will be payable from and secured by net revenues and certain funds and accounts of the City's wastewater system.

The bonds consist of $1,880,000 of service bonds at an interest rate of 2% and maturing between 2014 and 2020. The issue also includes $6,265,000 of term bonds with interest rates ranging from 2.50% to 5.00% and maturing between 2022 and 2038. Interest is payable semi-annually each March 1 and September 1.

Principal is due annually each September 1.

The outstanding principal balance of the bonds as of June 30, 2023 was $4,940,000. The City advance refunded the 1998A Refunding Certificates of Participation of the 2008 Lease Revenue Bonds to reduce its total debt service over the next 25 years by $416,788 and $869,754, respectively. These refunding's also provided an economic gain of $311,941 and $561,370, respectively. 71 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

9. LONG-TERM LIABILITIES, Continued
D. Business-Type Activities, Continued
2019 Wastewater Revenue Refunding Bonds (Private Placement) On November 1, 2019, the City issued $2,360,000 of Series 2019 Wastewater Revenue Refunding Bonds.

The bonds were issued to refund $2,430,000 of outstanding 2007 DFA Wastewater System Revenue Bonds and $110,777 of the proceeds is to pay the cost of issuance.

These bonds will be payable from and secured by net revenues and certain funds and accounts of the City's wastewater system.

The bonds have an interest rate of 2.66% and maturing between 2020 and 2038. Interest is payable semiannually each March 1 and September 1, commencing on March 1, 2020. Principal is due annually each September 1.

The outstanding principal balance of the bonds as of June 30, 2024 was $1,924,000.

Water Notes Payable (Direct Borrowing)
The State of California Department of Water Resources granted a loan to the Water Fund of the City for construction of water facilities in the amount of $2,700,000. Of this amount, $1,924,399 was drawn down from the State. The note calls for semiannual payments of $54,710 including interest at 2.955% until January 2024. The loan was paid off as of June 30, 2024.

The State of California Department of Water Resources granted a loan to the Water Fund of the City for construction of water facilities in the amount of $7,462,450. Of this amount, $6,956,217 was drawn down from the State. The note calls for semiannual payments of $224, 125 including interest at 2.60% until January 2029. The balance at June 30, 2024 is $2,283,434. 72 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

9. LONG-TERM LIABILITIES, Continued
E. Long-Term Debt Amortization - Business-type Activities The annual requirements to amortize enterprise long-term debt outstanding at June 30, 2024 are as follows:

Fiscal Year
Ended June 30, Principal Interest Total
2025 35,064 $ - $ 35,064 $
$ - 35,064 $ 35,064 $
Fiscal Year
Ended June 30, Principal Interest Total
2025 25,042 $ 2,930 $ 27,972 $
2026 26,328 1,644 27,972
2027 18,289 349 18,638
$ 4,923 69,659 $ 74,582 $
Golf Cart
Utility Vehicle
Fiscal Year
Ended June 30, Principal Interest Total
2025 5,247 $ - $ 5,247 $
2026 1,133 - 1,133
$ - 6,380 $ 6,380 $
Fiscal Year
Ended June 30, Principal Interest Total
2025 6,115 $ - $ 6,115 $
2026 5,604 - 5,604
$ - 11,719 $ 11,719 $
RMC City Hall Copier
RMC Public Works Copier
73 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

9. LONG-TERM LIABILITIES, Continued
E. Long-Term Debt Amortization - Business-type Activities, Continued

Fiscal Year
Ended June 30, Principal Interest Total
2025 470,000 $ 194,488 $ 664,488 $
2026 475,000 178,531 653,531
2027 500,000 160,250 660,250
2028 520,000 141,125 661,125
2029 535,000 121,344 656,344
2030-2034 1,090,000 455,719 1,545,719
2035-2039 1,350,000 174,500 1,524,500
$ 1,425,957 4,940,000 $ 6,365,957 $
2012 Lease Revenue Bonds
Fiscal Year
Ended June 30, Principal Interest Total
2025 391,408 $ 56,842 $ 448,250 $
2026 401,652 46,598 448,250
2027 412,161 36,088 448,249
2028 422,948 25,302 448,250
2029 434,016 14,234 448,250
2030 221,249 2,876 224,125
$ 181,940 2,283,434 $ 2,465,374 $
Fiscal Year
Ended June 30, Principal Interest Total
2025 26,343 $ 2,025 $ 28,368 $
2026 27,336 1,031 28,367
$ 3,056 53,679 $ 56,735 $
2005 Water Note Payable
Pipehunter Excavator
74 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

9. LONG-TERM LIABILITIES, Continued
E. Long-Term Debt Amortization - Business-type Activities, Continued Fiscal Year
Ended June 30, Principal Interest Total
2025 12,572 $ 382 $ 12,954 $
$ 382 12,572 $ 12,954 $
Fiscal Year
Ended June 30, Principal Interest Total
2025 2,730 $ - $ 2,730 $
2026 1,366 - 1,366
$ - 4,096 $ 4,096 $
Fiscal Year
Ended June 30, Principal Interest Total
2025 37,716 $ - $ 37,716 $
2026 37,716 - 37,716
2027 37,716 - 37,716
2028 37,716 - 37,716
2029 34,574 - 34,574
$ 185,438 $ - $ 185,438
Madvac Litter Vacuum
Golf Cart EZ #12
Golf Workman MDX
Fiscal Year
Ended June 30, Principal Interest Total
2025 116,000 $ 49,636 $ 165,636 $
2026 119,000 46,510 165,510
2027 122,000 43,305 165,305
2028 125,000 40,020 165,020
2029 127,000 36,668 163,668
2030-2034 694,000 129,568 823,568
2035-2038 621,000 33,450 654,450
$ 379,157 1,924,000 $ 2,303,157 $
2019 Wastewater Refunding Bond
75 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

9. LONG-TERM LIABILITIES, Continued
E. Long-Term Debt Amortization - Business-type Activities, Continued

10. LEASES
The City implemented GASB Statement No. 87 in the fiscal year ended June 30, 2022. The primary objective of this statement is to enhance the relevance and consistency of information about governments' leasing activities. This statement establishes a single model for lease accounting based on the principle that leases are financings of the right to use an underlying asset. Under this Statement, a lessee is required to recognize a lease liability and an intangible right-to-use lease asset, and a lessor is required to recognize a lease receivable and a deferred inflow of resources. For additional information, refer to the disclosures below.

Leases Receivable and Deferred Inflows of Resources
The City entered into a 60 month-lease as Lessor for the use of a building at 920 College Ave. An initial lease receivable was recorded in the amount of $96,558. As of June 30, 2024, the value of the lease receivable is $38,623. The lessee is required to make monthly fixed payments of $1,609. The lease has no interest rate. The value of the deferred inflow of resources as of June 30, 2024 was $38,623, and the City recognized lease revenue of $19,312 during the fiscal year.

The City entered into a 21 month-lease as Lessor for the use of a building at 1390 E Elizabeth. An initial lease receivable was recorded in the amount of $37,497. As of June 30, 2024, the value of the lease receivable is $37,130. The lessee is required to make quarterly payments ranging from $4,695 to $4,930. The lease has an interest rate of 3.0%. The value of the deferred inflow of resources as of June 30, 2024 was $36,670, and the City recognized lease revenue of $18,335 during the fiscal year.

The City entered into a 95 month-lease as Lessor for the use of a building at 920 College Ave A. An initial lease receivable was recorded in the amount of $36,987. As of June 30, 2024, the value of the lease receivable is $25,320. The lessee is required to make monthly fixed payments of $400. The lease has an interest rate of

3.0%. The value of the deferred inflow of resources as of June 30, 2024 was $24,306, and the City recognized lease revenue of $4,227 during the fiscal year.

Fiscal Year
Ended June 30, Principal Interest Total
2025 1,128,237 $ 306,303 $ 1,434,540 $
2026 1,095,135 274,314 1,369,449
2027 1,090,166 239,992 1,330,158
2028 1,105,664 206,447 1,312,111
2029 1,130,590 172,246 1,302,836
2030-2034 1,932,249 492,044 2,424,293
2035-2038 2,051,736 207,950 2,259,686
1,899,296 9,533,777 $ 11,433,073 $
Net Premium (Discount) 30,759
Grand Total Governmental
Activities $ 9,564,536
Total Business-type Activities
76 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

10. LEASES, Continued
The City entered into a 51 month-lease as Lessor for the use of land. An initial lease receivable was recorded in the amount of $26,467. As of June 30, 2024, the value of the lease receivable is $46,936. The lessee is required to make monthly fixed payments of $1,800. The lease has an interest rate of 3.0%. The value of the deferred inflow of resources as of June 30, 2024 was $25,381, and the City recognized lease revenue of $20,305 during the fiscal year.

The principal and interest payments that are expected to maturity are as follows:

The City entered into a 38 month-lease as Lessor for the use of a building at 180 W Merced. An initial lease receivable was recorded in the amount of $52,903. As of June 30, 2024, the value of the lease receivable is $3,001. The lessee is required to make monthly fixed payments of ranging from #1,379 to $1,506. The lease has an interest rate of 3.0%. The value of the deferred inflow of resources as of June 30, 2024 was $2,784, and the City recognized lease revenue of $16,706 during the fiscal year.

The principal and interest payments that are expected to maturity are as follows:

Fiscal Year
Principal
Payments
Interest
Payments
Total
Payments
2025 62,785 $ 2,086 $ 64,871 $
2026 47,753 918 48,671
2027 4,349 451 4,800
2028 4,481 319 4,800
2029-2032 8,172 227 8,399
Total 127,540 $ 4,001 $ 131,541 $
Total Governmental Activities
Fiscal Year
Principal
Payments
Interest
Payments
Total
Payments
2025 3,001 $ 4 $ 3,005 $
Total 3,001 $ 4 $ 3,005 $
Business-Type Activities
77 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

11. PENSION PLAN
Plan Description
All qualified permanent and probationary employees are eligible to participate in the Public Agency CostSharing Multiple-Employer Defined Benefit Pension Plan (Plan) administered by the California Public Employees’ Retirement System (CalPERS). The Plan consists of individual rate plans (benefit tiers) within a safety risk pool (police and fire) and a miscellaneous risk pool (all other). Plan assets may be used to pay benefits for any employer rate plan of the safety and miscellaneous risk pools. Accordingly, rate plans within the safety or miscellaneous pools are not separate plans under GASB Statement No. 68. Individual employers may sponsor more than one rate plan in the miscellaneous or safety risk pools. The Agency sponsors 2 rate plans (1 miscellaneous and 1 safety). Benefit provisions under the Plan are established by State statute and Agency resolution. CalPERS issues publicly available reports that included a full description of the pension plan regarding benefit provisions, assumptions, and membership information that can be found on the CalPERS website.

Benefits Provided
CalPERS provides service retirement and disability benefits, annual cost of living adjustments and death benefits to plan members, who must be public employees and beneficiaries. Benefits are based on years of credited service, equal to one year of full-time employment. Members with five years of total service are eligible to retire at age 50 with statutorily reduced benefits. All members are eligible for non-duty disability benefits after 10 years of service. The death benefit is one of the following: the Basic Death Benefit, the 1957 Survivor Benefit, or the Optional Settlement 2W Death Benefit. The cost of living adjustments for each plan are applied as specified by the Public Employees' Retirement Law.

The rate plan provisions and benefits in effect at June 30, 2024, are summarized as follows:

Tier 1* PEPRA
Hire Date Prior to
January 1, 2013
On or after
January 1, 2013
Benefit formula 2% @ 55 2% @ 62
Benefit Vesting Schedule 5 years service 5 years service Benefit payments Monthly for life Monthly for life
Retirement Age Minimum 50 years Minimum 52 years
Monthly benefits, as a % of eligible
compensation 1.426% to 2.418% 1.0% to 2.5%
Required employee contribution
rates 7.00% 6.25%
Required employer normal
contribution rates 12.47% 7.68%
Required employer UAL
contributions $ 886,651 $ -
Miscellaneous Cost-Sharing Rate Plans
78 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

11. PENSION PLAN, Continued
Contribution Description
Section 20814(c) of the California Public Employees' Retirement Law (PERL) requires that the employer contribution rates for all public employers be determined on an annual basis by the actuary and shall be effective on the July 1 following notice of a change in the rate. The total plan contributions are determined through the CalPERS' annual actuarial valuation process. For public agency cost-sharing plans covered by either the Miscellaneous or Safety risk pools, the Plan's actuarially determined rate is based on the estimated amount necessary to pay the Plan's allocated share of the risk pool's costs of benefits earned by employees during the year, and any unfunded accrued liability. The employer is required to contribute the difference between the actuarially determined rate and the contribution rate of employees.

For the year ended June 30, 2024, the employer contributions recognized as a reduction to the net pension liability for the Plan were $1,363,481 for Miscellaneous and $2,213,185 for Safety.

Pension Liabilities, Pension Expense and Deferred Outflows and Deferred Inflows of Resources Related to Pensions
As of June 30, 2024, the City reported net pension liabilities for its proportionate shares of the net pension liability of the Plan as follows:

Tier 1* PEPRA
PEPRA
Fire
Hire Date Prior to
January 1, 2013
On or after January
1, 2013
On or after January
1, 2013
Benefit formula
Benefit Vesting Schedule 5 years service 5 years service 5 years service Benefit payments Monthly for life Monthly for life Monthly for life Retirement Age Minimum 50 years Minimum 50 years Minimum 50 years Monthly benefits, as a % of eligible
compensation 2.4% to 3.0% 2.0% to 2.7% 2.0% to 2.7%
Required employee contribution
rates

9.00% 12.00% 12.00%
Required employer contribution
rates

21.15% 13.54% 13.54%
Required employer UAL
contributions $ 1,222,891 $ - $ -
Safety Cost-Sharing Rate Plans
Miscellaneous Plan $ (12,345,175)
Safety Plan (15,446,540)
Total Plan Net Pension Liability $ (27,791,715)
Proportionate Share of Net Pension Liability/(Asset)
79 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

11. PENSION PLAN, Continued
The City's net pension liability for the Plan is measured as the proportionate share of the net pension liability.

The net pension liability of the Plan is measured as of June 30, 2023, and the total pension liability for the Plan used to calculate the net pension liability was determined by an actuarial valuation as of June 30, 2022 rolled forward to June 30, 2023, using standard update procedures. The City's proportion of the net pension liability was based on a projection of the City's long-term share of contributions to the pension plan relative to the projected contributions of all participating employers, actuarially determined.

The City's proportionate share of the net pension liability for the City's Miscellaneous Rate Plan as of the June 30, 2022 and 2023 measurement dates were as follows:

The City's proportionate share of the net pension liability for the City's Safety Rate Plan as of June 30, 2022 and 2023 measurement dates were as follows:

For the year ended June 30, 2024, the City recognized a total pension expense of $1,909,486 for the Miscellaneous Plan and pension expense of $3,061,865 for the Safety Plan.

Miscellaneous Plan
Proportion - June 30, 2022 0.24600%
Proportion - June 30, 2023 0.24688%
Change - Increase (Decrease) 0.00088%
Safety Plan
Proportion - June 30, 2022 0.20636%
Proportion - June 30, 2023 0.20664%
Change - Increase (Decrease) 0.00028%
80 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

11. PENSION PLAN, Continued
At June 30, 2024, the City reported deferred outflows and deferred inflows of resources related to the plans as follows:

The $1,363,481 for the Miscellaneous Plan and the $2,213,185 for the Safety Plan, reported as deferred outflows of resources related to contributions subsequent to the measurement date will be recognized as a reduction of the net pension liability in the year ended June 30, 2025. Other amounts reported as deferred outflows or deferred inflows of resources related to pensions will be recognized as pension expense as follows:

Deferred Outflows
of Resources
Deferred Inflows of
Resources
Pension contributions subsequent to
measurement date $ - 3,576,666 $
Change of Assumptions 1,646,815 -
Difference between Expected and Actual
Experiences 194,918 1,764,718
Changes in employer's proportion 187,831 -
Differences between the employer's
contribution and the employer's
proportionate share of contributions
347,170 525,469
Net Difference between Projected and Actual
Earnings on Pension Plan Investments 4,112,650 -
$ 11,635,850 $ 720,387
Fiscal Year
Ended June 30: Total
2025 2,289,156 $
2026 1,598,937
2027 3,334,349
2028 116,355
$ 7,338,797
81 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

11. PENSION PLAN, Continued
Actuarial Methods and Assumptions Used to Determine Total Pension Liability For the measurement period ended June 30, 2023, the total pension liability was determined by rolling forward the June 30, 2022 total pension liability. The June 30, 2022 and the June 30, 2023 total pension liabilities were based on the following actuarial methods and assumptions:

Discount Rate
Discount Rate – The discount rate used to measure the total pension liability as of the measurement date of June 30, 2023 for the Plan was 6.90. The projection of cash flows used to determine the discount rate assumed that contributions from plan members will be made at the current member contribution rates and that contributions from employers will be made at statutorily required rates, actuarially determined. Based on those assumptions, the Plan’s fiduciary net position was projected to be available to make all projected future benefit payments of current plan members. Therefore, the long-term expected rate of return on plan investments was applied to all periods of projected benefit payments to determine the total pension liability.

A detailed report testing these projections can be obtained from the CalPERS website.

In determining the long-term expected rate of return, CalPERS took into account long-term market return expectations as well as the expected pension fund cash flows. Projected returns for all asset classes are estimated and, combined with risk estimates, are used to project compound (geometric) returns over the long term. The discount rate used to discount liabilities was informed by the long-term projected portfolio return.

Using the expected nominal returns for both short-term and long-term, the present value of benefits was calculated for each PERF C fund. The expected rate of return was set by calculating the single equivalent expected return that arrived at the same present value of benefits for cash flows as the one calculated using both short-term and long-term returns. The expected rate of return was then set equal to the single equivalent rate calculated above and rounded down to the nearest one quarter of one percent.

Actuarial Costs Method Entry Age Normal in accordance with the requirements of GASB Statement No. 68
Actuarial Assumptions
Discount Rate 6.90%
Inflation 2.30%
Salary Increases Varies by Entry Age and Service
Mortality Rate Table (1) Derived using CalPERS' Membership Data for all Funds
Post Retirement Benefit Increase
Contract COLA up to 2.30% until
Purchasing Power Protection Allowance
Floor on Purchasing Power applies
(1) The mortality table was developed based on CalPERS-specific data. The rates incorporate Generational Mortality to capture ongoing mortality improvement using 80% of Scale MP 2020 published by the Society of Actuaries. For more details, please refer to the 2021 experience study report that can be found on the CalPERS website.
82 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

11. PENSION PLAN, Continued
The table below reflects long-term expected real rate of return by asset class. The rate of return was calculated using the capital market assumptions applied to determine the discount rate and asset allocation.

Sensitivity of the Proportionate Share of the Net Pension Liability to Changes in the Discount Rate The following presents the City's proportionate share of the net pension liability for the Plan, calculated using the discount rate for the Plan, as well as what the City's proportionate share of the net pension liability would be if it were calculated using a discount rate that is 1 % point lower or 1 % point higher than the current rate:

12. OTHER POST-EMPLOYMENT BENEFITS (OPEB)
Pension Plan Fiduciary Net Position
Detailed information about the pension plan's fiduciary net position is available in the separately issued CalPERS financial reports. See CalPERS website for additional information.

Asset Class
Current
Target
Allocation
Real
Return(1)(2)
Global equity - cap-weighted 30.0% 4.45%
Global equity non-cap-weighted 12.0% 3.84%
Private Equity 13.0% 7.28%
Treasury 5.0% 0.27%
Mortgage-backed Securities 5.0% 0.50%
Investment Grade Corporates 10.0% 1.56%
High Yield 5.0% 2.27%
Emerging Market Debt 5.0% 2.48%
Private Debt 5.0% 3.57%
Real Assets 15.0% 3.21%
Leverage -5.0% -0.59%
1 An expected inflation of 2.3% used for this period
2 Figures are based on the 2021-2022 Asset Liability Management study Plan
Discount Rate
- 1%

5.90%
Current
Discount

6.90%
Discount Rate
+1%

7.90%
Miscellaneous Plan 18,396,664 $ 12,345,175 $ 7,364,278 $ Safety Plan 23,124,511 15,446,540 9,169,251
Total 41,521,175 $ 27,791,715 $ 16,533,529 $
Proportionate Share of Net Pension Liability/(Asset)
83 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

12. OTHER POST-EMPLOYMENT BENEFITS (OPEB), Continued
Description of the Plan
The City sponsors and administers a single-employer health care plan (HC Plan) for its employees. The plan provides medical, dental and vision plan coverage. Medical coverage is provided through CalPERS under the Public Employees' Medical and Hospital Care Act (PEMHCA), also referred to as PERS Health. Children are eligible for coverage until age 26.

As the City's OPEB benefits are administered by City personnel, no separate financial statements are issued.

The City participates in the CalPERS Health Program, a community-rated program for its medical coverage.

Employees Covered
As of the June 30, 2023 actuarial valuation, the following current and former employees were covered by the benefit terms under the Plan:

Contributions
The HC Plan and its contribution requirements are established by Memoranda of Understanding with the applicable employee bargaining units and may be amended by agreements between the City and the bargaining units. The City is funding the benefits as a "Pay-as-you-go", meaning the City only contributes the required benefits when due. Total contributions were $644,387, which include the City's cash contributions of $531,062 and implied subsidy of $113,325.

Total OPEB Liability
The City's Total OPEB liability was measured as of June 30, 2023 and the total OPEB liability used to calculate the total OPEB liability was determined by an actuarial valuation dated June 30, 2022, based on the following actuarial methods and assumptions:

Changes of Assumptions
Discount rate changed from 3.69% as of June 30, 2022 to 3.86% as of June 30, 2023, based on the published change in return for the applicable municipal bond index.

Active 56
Inactive employees or beneficiaries currently receiving benefits 33 89 Actuarial Cost Method Entry Age Normal
Actuarial Assumptions
Discount Rate 3.86% at June 30, 2023 Bond Buyer Index

3.69% at June 30, 2022 Bond Buyer Index
Inflation 2.50%
Salary Increase 3.00% per year
Mortality CalPERS 2021 Experience Study
Medical Trend 6.5% in 2025, grading down to 3.9% by 2075 84 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

12. OTHER POST-EMPLOYMENT BENEFITS (OPEB), Continued
Discount Rate
The discount rate used to measure the total OPEB liability was 3.86 percent. The projection of cash flows used to determine the discount rate assumed that City contributions will be made at rates equal to the actuarially determined contribution rates. The City does not participate in a trust fiduciary fund.

Changes in the OPEB Liability
The changes in the Total OPEB liability for the HC Plan are as follows:

Sensitivity of the Total OPEB Liability to Changes in the Discount Rate The following presents the total OPEB liability of the City if it were calculated using a discount rate that is one percentage point lower or one percentage point higher than the current rate, for measurement period ended June 30, 2023:

Sensitivity of the total OPEB Liability to Changes in the Health Care Cost Trend Rates The following presents the total OPEB liability of the City if it were calculated using health care cost trend rates that are one percentage point lower or one percentage point higher than the current rate, for measurement period ended June 30, 2023:

Increase (Decrease)
Total OPEB Liability
Balance at June 30, 2023 (measurement date 06/30/2022) 20,332,097 $ Changes recognized over the measurement period:

Service Cost 697,021
Interest 769,067
Change of assumptions (757,912)
Difference between expected and actual experience -
Benefit Payments (349,516)
Net Changes 358,660
Balance at June 30, 2024 (measurement date 06/30/2023) 20,690,756 $ 1% Increase
(2.86%)
Current
Discount Rate
(3.86%)
1% Increase
(4.86%)
Total Net OPEB Liability 24, $ 20,690,756 079,961 $ 17,964,306 $ 1% Decrease
Current
Healthcare
Cost Trend Rates 1% Increase
Total Net OPEB Liability 17, $ 20,690,756 553,275 $ 24,696,703 $ 85 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

12. OTHER POST-EMPLOYMENT BENEFITS (OPEB), Continued
OPEB Expense and Deferred Outflows/Inflows of Resources Related to OPEB For the fiscal year ended June 30, 2024, the City recognized OPEB expense (income) of $(417,799) as of fiscal year ended June 30, 2024, the City reported deferred outflows of resources related to OPEB from the following sources:

The $644,387 reported as deferred outflows of resources related to contributions subsequent to the June 30, 2023 measurement date will be recognized as a reduction of the Total OPEB Liability during the fiscal year ending June 30, 2025. Other amounts reported as deferred outflows or deferred inflows of resources related to OPEB will be recognized as OPEB expense as follows:

13. DEFERRED COMPENSATION
The City has established a Deferred Compensation Plan and Trust as provided in Section 457 of the Internal Revenue Code of 1986, as amended. The City, acting as trustee of this plan, has agreed to perform its services as trustee in accordance with, and, as necessary, limited to comply with, applicable law. All amounts of compensation deferred pursuant to the plan, all property and rights purchased with such amounts, and all income attributable to such amounts, property or rights shall be held in trust for the exclusive benefit of participants and beneficiaries under the plan.

14. 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.

Deferred Outflows
of Resources
Deferred Inflows of
Resources
OPEB Contributions subsequent to
the measurement date 644,387 $ - $
Changes of assumptions 2,208,090 5,915,565
Differences between expected and
actual experiences - 4,684,439
$ 10,600,004 2,852,477 $
Fiscal Year
ended June 30:

Deferred
Outflows/(Inflows of
Resources
2025 $ (1,883,887)
2026 (1,883,887)
2027 (1,883,887)
2028 (1,770,520)
2029 (1,105,436)
Thereafter 135,703
$ (8,391,914)
86 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

14. RISK MANAGEMENT/JOINT VENTURE, Continued
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.

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 $24,500,000. The CSJVRMA participates in an excess pool which provides Workers' Compensation coverage for $500,000 and purchases excess reinsurance above $4,500,000 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, 2024 are presented below:

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, 2024 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.

Total Assets $ 179,635,612
Total Liabilities 144,400,470
Total Net Position 35,253,142
Total Liabilities and Net Position 179,653,612
Revenues for Fiscal Year 95,596,916
Expenses for Fiscal Year 94,324,180
Change in Position $ 1,272,736
87 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

14. RISK MANAGEMENT/JOINT VENTURE, Continued
Changes in health claim liabilities at June 30, 2024 and 2023, were as follows:

15. 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 30,2024 this amount is approximately $132,212. The budgeted amount for fiscal year June 30, 2024 is $109,954.

16. CONTINGENT LIABILITIES
Amounts received or receivable from granter agencies are subject to audit and adjustment by granter 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 granter 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.

17. TAX ABATEMENTS
The City entered into an operating covenant agreement with a retailer of consumer electronic goods in 2015.

The City agreed to rebate quarterly 50% of sales tax revenues attributable to online taxable sales. This agreement qualifies as tax abatement under the provisions of GASB Statement 77. However, due to legal restrictions per the California Revenue and Taxation Code Section 7056, additional disclosures cannot be provided.

The City entered into a professional services agreement with a consultant to provide specialized legal and sales tax expertise and information services to the City. The consultant will also assist in any local sales tax audit or appeal with the California Department of Tax and Fee Administration (CDTFA). The City agreed to pay quarterly 20% of what the City retains from the aforementioned operating covenant agreement. This agreement qualifies as tax abatement under the provisions of GASB Statement 77. However, due to legal restrictions per the California Revenue and Taxation Code Section 7056, additional disclosures cannot be provided.
2024 2023
Liability - beginning of fiscal year 50,000 $ 50,000 $
Current year claims and changes in estimates 3,516,434 2,238,082 Claim payments (3,516,434) (2,238,082)
Liability - end of fiscal year 50,000 $ 50,000 $
88 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

18. 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).

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.
89 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

18. SUCCESSOR AGENCY TRUST FOR ASSETS OF THE FORMER REDEVELOPMENT AGENCY (SADRA), Continued
A. Capital Assets Held by SADRA
B. Summary of SADRA's Long-Term Debt
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, 2023 were $1,185,000.

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.

Balance
July 1, 2023 Additions Deletions
Balance
June 30, 2024
Capital assets, not depreciated:

Land 2,730,607 $ - $ - $ 2,730,607 $
Total capital assets, not depreciated 2,730,607 - - 2,730,607 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 (133,559) (5,270) - (138,829)
Total accumulated depreciation (133,559) (5,270) - (138,829) Total capital assets, depreciated, net 34,289 (5,270) - 29,019 Total capital assets, net 2,764,896 $ (5,270) $ - $ 2,759,626 $ Balance
July 1, 2023 Addition Deletions
Balance
June 30, 2024 Current Portion
Public Offerings:

Tax allocation Bonds 39,435,000 $ 9,235,000 $ (11,855,000) $ 36,815,000 $ 1,285,000 $ Original issue premium 995,877 899,431 (675,033) 1,220,275 N/A Original issue discount (28,573) - (1,744) (26,829) N/A Total long-term liabilities, net 40,402,304 $ 10,134,431 $ (12,531,777) $ 38,008,446 $ 1,285,000 $ 90 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

18. SUCCESSOR AGENCY TRUST FOR ASSETS OF THE FORMER REDEVELOPMENT AGENCY (SADRA), Continued
B. Summary of SADRA's Long-Term Debt, Continued
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, 2024 were $0 as they were refinanced.

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, 2024 were $10,220,000.

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.
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, 2024 were $16,175,000.

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 2011 B Tax Allocation Refunding Bonds. As a result, the 2006, 2011A, and 2011 B 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.
91 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

18. SUCCESSOR AGENCY TRUST FOR ASSETS OF THE FORMER REDEVELOPMENT AGENCY (SADRA), Continued
B. Summary of SADRA's Long-Term Debt, Continued
2024 Tax Allocation Refunding Bonds – On June 1, 2024 the Successor Agency to the Dinuba Redevelopment Agency issued $9,235,000 Tax Allocation Refunding Bonds bearing interest of 5% payable annually on September 1 commencing September 1, 2025. 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, 2024 were $9,235,000.

The Bonds were issued to refinance the outstanding amount ($10,630,000) of the Agency's previously issued 2014 Tax Allocation Refunding Bonds. As a result, the 2014 Tax Allocation Refunding Bonds was considered to be defeased and the liability for the bonds have been removed from the long-term liabilities of the Private Purpose Trust Fund.

The refunding of the 2014 Tax Allocation Refunding Bonds provided an economic gain of $722,250.

The annual requirements to amortize long-term debt outstanding at June 30, 2024 are as follows:

Fiscal Year
Ended June 30, Principal Interest Total
2025 $ 1,285,000 $ 1,142,484 $ 2,427,484
2026 1,745,000 1,462,614 3,207,614
2027 1,830,000 1,380,864 3,210,864
2028 1,890,000 1,294,814 3,184,814
2029 1,945,000 1,227,714 3,172,714
2030-2034 11,210,000 4,750,337 15,960,337
2035-2039 12,495,000 2,119,212 14,614,212
2040 4,415,000 222,025 4,637,025
Subtotal 36,815,000 $ 13,600,064 $ 50,415,064
Net Premium
Discount 1,193,446
Grand Total
SADRA 38,008,446 $
92 City of Dinuba
Notes to Basic Financial Statements
For the Year Ended June 30, 2024

19. PRIOR PERIOD ADJUSTMENTS
The City recorded the following prior period adjustments:
1) Changes to or within the financial reporting entity – The City’s ARPA fund changed from Major to Non-major fund as of June 30, 2024.
2) Error correction to capital assets – The City recorded prior period adjustments for capital assets due to capital projects in progress outlays that were expensed or capitalized incorrectly:
 For Governmental Activities, capital assets were overstated by $1,378,090 and capital outlay expenditure was understated by $1,378,090 in the prior year.  For Business-type Activities, capital assets, which included depreciation expense were overstated by $351,328 and capital outlay expenditure was understated by $351,328 in the prior year.

Previously Error Error Error
Reported Correction - Correction - Correction - Restated at at June 30, 2023 Advances Depreciation expense Capital Assets June 30, 2023 Fund Financial
Water $ 15,013,551 $ - $ - $ 5,329 $ 15,018,880
Golf Cousrse 15,377,577 - 61,467 (41,248) 15,397,796
Disposal 1,775,043 - - (4,164) 1,770,879
Ambulance 10,178,746 - (372,712) - 9,806,034
Governmental-Wide Financial
Governmental Activities $ 215,718,745 $ - $ (1,378,090) - $ $ 214,340,655 Business-type Activities 62,914,566 - 61,467 (412,795) 62,563,238 Prior Period Adjustments
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94 Tulare Street Dinuba
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96 City of Dinuba
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual General Fund
For the year ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Taxes $ 12,012,400 16,452,400 $ 12,469,550 $ 457,150 $
Assessments 1,215,536 1,215,536 1,215,537 1
Intergovernmental 2,511,000 2,637,112 2,708,441 71,329
Charges for services 1,340,967 1,835,967 2,247,204 411,237 Use of money and property 220,000 1,090,725 1,458,223 367,498 Fines and forfeitures 77,600 77,600 63,965 (13,635)
Miscellaneous 16,900 78,940 308,894 229,954
Total revenues 21,834,403 18,948,280 20,471,814 1,523,534 EXPENDITURES:

Current:

General government:

City council 124,755 124,755 135,437 (10,682)
City manager 299,223 299,223 286,311 12,912
City attorney 200,000 200,000 197,993 2,007
Human resources 1,811,323 1,826,323 1,673,273 153,050
General services - - 7,499 (7,499)
Finance administration 812,545 812,545 787,472 25,073
Public safety:

Police services 6,891,873 6,991,214 6,798,248 192,966
Fire control 2,302,497 2,327,934 2,438,498 (110,564)
Community development:

Engineering 436,093 436,093 404,592 31,501
Planning 503,974 643,974 478,487 165,487
Code enforcement 219,143 229,143 239,957 (10,814)
Building 464,636 534,636 480,849 53,787
Housing 84,395 84,395 49,219 35,176
Parks and recreation:

Community services 736,760 736,760 688,500 48,260
Parks 859,253 882,038 949,403 (67,365)
Special events 146,557 156,557 154,303 2,254
Youth events 293,816 293,816 240,505 53,311
Sportplex 225,291 225,291 216,787 8,504
Sports 195,341 195,341 208,978 (13,637)
Senior citizens 294,492 294,492 301,572 (7,080)
Non-departmental - sales tax settlement - - - -
Capital outlay 206,007 390,658 597,796 (207,138)
Debt service:

Principal retirement 53,664 53,664 39,243 14,421
Interest and fiscal charges 2,641 2,641 1,397 1,244
Total expenditures 17,164,279 17,741,493 17,376,319 365,174 REVENUES OVER (UNDER) EXPENDITURES 4,670,124 1,206,787 3,095,495 1,888,708 OTHER FINANCING SOURCES (USES):

Transfers in 310,927 310,927 284,194 (26,733)
Transfers out (2,676,410) (3,780,236) (4,464,837) (684,601) Total other financing sources (uses) (2,365,483) (3,469,309) (4,143,143) (711,334) Net change in fund balances $ 2,304,641 $ (2,262,522) (1,047,648) $ 1,177,374 FUND BALANCES:

Beginning of year 11,965,230
End of year $ 10,917,582
Budgeted Amounts
97 City of Dinuba
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual HUD Grants
For the year ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Intergovernmental $ 1,176,058 $ 1,176,058 $ 1,064,458 $ (111,600) Use of money and property 18,902 179,912 303,046 123,134 Total revenues 1,194,960 1,355,970 1,367,504 11,534
EXPENDITURES:

Current:

Community development 1,527,993 1,267,993 456,270 811,723 Parks and recreation 57,150 117,150 66,124 51,026
Total expenditures 1,585,143 1,385,143 522,394 862,749

REVENUES OVER (UNDER)
EXPENDITURES (390,183) (29,173) 845,110 874,283
OTHER FINANCING SOURCES (USES):

Transfers out (4,030) (4,030) (7,270) (3,240)
Total other financing sources (uses) (4,030) (4,030) (7,270) (3,240) Net change in fund balances $ (394,213) $ (33,203) 837,840 $ 871,043 FUND BALANCES:

Beginning of year 25,260,271
End of year $ 26,098,111
Budgeted Amounts
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99 City of Dinuba
Required Supplementary Information
For the year ended June 30, 2024
Cost Sharing Multiple-Employer Plan
Schedule of Proportionate Share of the Net Pension Liability - Last 10 Years 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 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 its 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 its covered payroll 178.83% 173.52% 196.53% 220.30%
Total Plan
Rate Plan's proportion of the net pension liability 0.21558% 0.20027% 0.19517% 0.19447% Rate Plan's proportionate share of
the net pension liability $ 13,414,561 $ 13,746,325 $ 16,888,543 $ 19,286,545 Plan's covered payroll $ 8,698,768 $ 9,115,561 $ 9,788,355 $ 9,724,203 Plan's proportionate share of
the net pension liability as percentage
of its covered payroll 154.21% 150.80% 172.54% 198.34%
The Pension Plan's (PERF-C) Fiduciary Net Position
as Percentage of the Total Pension Liability 79.82% 78.40% 74.06% 73.31% Notes to the schedule:

The CalPERS mortality assumptions were adjusted in fiscal year 2019.

The CalPERS discount rate was increased from 7.5% to 7.65% in fiscal year 2016, decreased from 7.65% to 7.15% in fiscal year 2018, and then decreased from 7.15% to 6.9% in fiscal year 2023. 100
2019 2020 2021 2022 2023 2024
6/30/2018 6/30/2019 6/30/2020 6/30/2021 6/30/2022 6/30/2023

0.08682% 0.08889% 0.09050% 0.10748% 0.24600% 0.24688%
$ 8,366,578 $ 9,108,392 $ 9,846,994 $ 5,812,852 $ 11,510,980 $ 12,345,175 $ 4,623,761 $ 4,190,146 $ 4,115,214 $ 2,742,630 $ 2,879,705 $ 4,501,222 180.95% 217.38% 239.28% 211.94% 399.73% 274%

0.02695% 0.11147% 0.11411% 0.13699% 0.20636% 0.20664%
$ 10,683,936 $ 11,422,641 $ 12,415,460 $ 7,408,964 $ 14,180,065 $ 15,446,540 $ 5,340,189 $ 5,275,144 $ 5,276,932 $ 4,272,963 $ 3,654,856 $ 5,191,827 200.07% 216.54% 235.28% 173.39% 387.98% 298%

0.11378% 0.20036% 0.20461% 0.24447% 0.22242% 0.22277%
$ 19,050,514 $ 20,531,033 $ 22,262,454 $ 13,221,816 $ 25,691,045 $ 27,791,715 $ 9,963,950 $ 9,465,290 $ 9,392,146 $ 7,015,593 $ 6,534,561 $ 9,693,049 191.19% 216.91% 237.03% 188.46% 393.16% 286.72%

75.26% 75.18% 75.10% 88.29% 76.68% 76.21%
101
City of Dinuba
Required Supplementary Information
For the year ended June 30, 2024
Cost Sharing Multiple-Employer Plan
Schedule of Plan Contributions - Last 10 Years*
Miscellaneous Rate Plan
Fiscal Year Ended 2015 2016 2017 2018
Actuarially determined contribution $ 558,710 $ 588,950 $ 699,287 $ 801,836 Contributions in relation to actuarially deemed contributions (558,710) (588,950) (699,287) (801,836) Contribution deficiency (excess) $ - $ - $ - $ -
Covered payroll $ 4,535,654 $ 4,950,525 $ 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 $ 1,170,656 $ 1,201,260 $ 1,487,592 1,211,650 $ Contributions in relation to actuarially deemed contributions (1,170,656) (1,201,260) (1,211,650) (1,487,592) Contribution deficiency (excess) $ - $ - $ - $ -
Covered payroll $ 4,579,907 $ 4,837,830 $ 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 $ 1,729,366 $ 1,790,210 $ 2,289,428 1,910,937 $ Contributions in relation to actuarially deemed contributions (1,729,366) (1,790,210) (1,910,937) (2,289,428) Contribution deficiency (excess) - $ - $ - $ - $
Covered payroll 9,115,561 $ 9,788,355 $ 9,724,203 $ 9,963,950 $ Contributions as a percentage of covered payroll 18.97% 18.29% 19.65% 22.98% Notes to Schedule
*Fiscal year 2015 was 1st year of implementation, therefore only nine years are shown Methods and assumptions used to determine contribution rates:

Valuation date (for contractually required contribution): 6/30/2012 6/30/2013 6/30/2014 6/30/2015 Actuarial cost method: Entry Age Entry Age Entry Age Entry Age Amortization method: (1) (1) (1) (1)
Assets valuation method: 15 Year
Smoothed
Market
Method
Market Value Market Value Market Value
Inflation: 2.75% 2.75% 2.75% 2.75%
Salary increases: (2) (2) (2) (2)
Investment rate of return 7.50% 7.50% 7.50% 7.50%
Retirement age: (3) (3) (3) (3)
Mortality: (4) (4) (4) (4)
(1) Level percentage of payroll, closed
(2) Depending on age, service, and type of employment
(3) 50 for all plans, with the exception of 52 for Miscellaneous PEPRA 2% @62 (4) Mortality assumptions are based on mortality rates resulting from the most recent CalPERS Experience Study adopted by CalPERS Board. * Historical information is required only for measurement for which GASB 68 is applicable. Fiscal Year 2015 was the first year of implementation, therefore onlynine years are shown
102
2019 2020 2021 2022 2023 2024
$ 882,029 $ 1,023,527 $ 1,096,427 $ 1,226,073 $ 1,346,268 $ 1,363,481 (882,029) (1,023,527) (1,096,427) (1,226,073) (1,346,268) (1,363,481) $ - $ - $ - $ - $ - $ -
$ 4,190,146 $ 4,115,214 $ 4,127,220 $ 4,486,433 $ 4,672,479 $ 4,501,222

21.05% 24.87% 26.57% 27.33% 28.81% 30.29%
$ 1,553,598 $ 1,702,909 $ 1,842,579 $ 1,950,523 $ 2,086,604 $ 2,213,185 (1,553,598) (1,702,909) (1,842,579) (1,950,523) (2,086,604) (2,213,185) $ - $ - $ - $ - $ - $ -
$ 5,275,144 $ 5,276,932 $ 5,226,210 $ 4,976,379 $ 4,903,344 $ 5,191,827

29.45% 32.27% 35.26% 39.20% 42.55% 42.63%
$ 2,435,627 $ 2,726,436 $ 2,939,006 $ 3,176,596 $ 3,432,872 $ 3,576,666 (2,435,627) (2,726,436) (2,939,006) (3,176,596) (3,432,872) (3,576,666) $ - $ - $ - $ - $ - $ -
$ 9,465,290 $ 9,392,146 $ 9,353,430 $ 9,462,812 $ 9,575,823 $ 9,693,049

25.73% 29.03% 31.42% 33.57% 35.85% 36.90%
6/30/2016 6/30/2017 6/30/2018 6/30/2019 6/30/2020 6/30/2021 Entry Age Entry Age Entry Age Entry Age Entry Age Entry Age (1) (1) (1) (1) (1) (1)
Market Value Market Value Market Value Market Value Market Value Market Value

2.75% 2.63% 2.50% 2.50% 2.50% 2.30%
(2) (2) (2) (2) (2) (2)

7.375% 7.25% 7.00% 7.00% 7.00% 6.80%
(3) (3) (3) (3) (3) (3)
(4) (4) (4) (4) (4) (4)
103
City of Dinuba
Required Supplementary Information
For the year ended June 30, 2024
Schedule of Changes in the Total OPEB Liability and Related Ratios - Last 10 Years (1) Fiscal Year Ended 6/30/2018 6/30/2019 6/30/2020 6/30/2021 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
experience (3,331,140) (1,369,150) - -
Changes of assumptions 475,464 (255,242) (914,613) 3,237,466 Benefit payments (459,273) (591,507) (630,017) (516,507) Net change in the 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 liabilty - ending (a) 23,684,732 25,025,681 24,385,241 28,934,882 Covered-employee payroll $ 7,746,382 $ 7,359,008 $ 6,955,744 $ 7,015,595 Net OPEB liability as a percentage of coveredemployee payroll 305.75% 340.07% 350.58% 412.44% (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. (2) Total employer contributions consist of $349,517 explicit contributions and $113,325 implicit contributions. (3) As of June 30, 2024 there are no assets accumulated in a trust that meets the criteria of GASB codification P22.101 or P52.101 to pay related benefits for the OPEB plan.
104
6/30/2022 6/30/2023 6/30/2024
$ 1,286,106 $ 1,081,677 $ 697,021
734,965 515,191 769,067
(3,691,435) - -
(444,836) (6,741,676) (757,912)
(794,248) (548,529) (349,516)
(2,909,448) (5,693,337) 358,660
28,934,882 26,025,434 20,332,097
26,025,434 20,332,097 20,690,756
$ 6,883,894 $ 5,995,531 $ 6,141,423
378.06% 339.12% 336.90%
105
City of Dinuba
Required Supplementary Information
For the year ended June 30, 2024

1. BUDGET AND BUDGETARY DATA
a.
b.
c.
d.
e.
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, 2024, 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.

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.

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.

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 al fiscal year-end, and then are added to the following fiscal year's budgeted appropriations.

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 (USGMP).

Accordingly, actual revenues and expenditures can be compared with related budgeted amounts without any significant reconciling items.

The Housing Authority Fund and 2020 PLHA Fund do not have legally adopted budgets for the fiscal year ended June 30, 2024.

Budget comparisons are not presented for the Proprietary Funds, as the City is not legally required to adopt a budget for these type funds.

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.
106
Dinuba School
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108
City of Dinuba
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Transportation Construction
For the year ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Intergovernmental $ 3,165,228 $ 3,165,228 $ 3,402,744 $ 237,516 Use of money and property 500 500 1,681 1,181
Total revenues 3,165,728 3,165,728 3,404,425 238,697
EXPENDITURES:

Current:

Capital outlay 7,237,826 7,237,826 8,442,048 (1,204,222) Total expenditures 7,237,826 7,237,826 8,442,048 (1,204,222)

REVENUES OVER (UNDER)
EXPENDITURES (4,072,098) (4,072,098) (5,037,623) (965,525) OTHER FINANCING SOURCES (USES):

Transfers in 5,373,820 6,921,333 5,086,539 (1,834,794)
Total other financing sources (uses) 5,373,820 6,921,333 5,086,539 (4,004,541) Net change in fund balances $ 1,301,722 $ 2,849,235 48,916 $ (2,800,319) FUND BALANCES:

Beginning of year 505,903
End of year $ 554,819
Budgeted Amounts
109
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110
City of Dinuba
Nonmajor Governmental Funds
Year Ended June 30, 2024
Special Revenue Funds
Special revenue funds are used to account for specific revenues (other than those for major capital projects) that are restricted legally to expenditures for particular purposes.

Housing Authority
This fund is used to account for activities of the former low and moderate income housing fund of the former Dinuba Redevelopment Agency.

ARPA
This fund is used for account for activities funded by the American Rescue Plan Act (ARPA) funds. 2020 PLHA
This fund is used to account for activities of the Permanent Local Housing Allocation (PLHA) grant.

Public Safety Sales Tax Fund
This fund accounts for 3/4% add-on sales tax approved by voters in November 2005 for enhanced public safety services.

Gas Tax Fund
This fund accounts for street projects paid out for 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 estate developments.

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. 111
City of Dinuba
Nonmajor Governmental Funds (Continued)
Year Ended June 30, 2024
Capital Projects Funds
Capital projects funds are used to account for the acquisition and construction of major capital facilities other than those financed by proprietary funds and trust funds.

General Construction Fund
This fund accounts for other major construction projects.

Vocational Center Fund
This fund accounts for the expenditures associated with the operation of the Vocational Center.

MTBE Fund
This fund accounts for the revenue received as part of the MTBE Settlement Litigation. Revenue is received in this fund and allocated-out to the appropriate funds and capital projects that have expenditures associated with MTBE.

Debt Service Funds
Debt service funds are used to account for the accumulation of resources for, and the retirement of, long-term debt principal and interest.

Financing Authority Debt Service Fund
This fund accounts for the accumulation of resources for, and the retirement of, the Authority's long-term debt issue for capital investments.

General Debt Service Fund
This fund was set up to account for servicing general long-term debt incurred in Governmental Funds through equipment lease-purchases and/or loans, along with its commitment to fund the long-term portion of employee vacation, sick leave, and compensatory time benefits.
112
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113
City of Dinuba
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2024
ASSETS
Cash and investments $ 1,025 $ 760,671 $ - $ 2,588,196
Receivables:

Accounts - - - -
Notes and loans - - 5,163,400 -
Accrued interest - 2,405 - 2,437
Prepaid costs - - - 555
Due from other governments - - - 575,172
Restricted assets:

Cash and investments with fiscal agents - - - -
Advances to other funds - - - -
Total assets $ 1,025 $ 763,076 $ 5,163,400 $ 3,166,360

LIABILITIES, DEFERRED INFLOWS OF

RESOURCES AND FUND BALANCES
Liabilities:

Accounts payable $ - $ - $ - $ 12,984
Accrued liabilities - - - 136,092
Accrued interest - - - -
Unearned revenue - 490,038 - -
Deposits payable - - - -
Due to other funds - - - -
Advances from other funds - - - -
Total liabilities - 490,038 - 149,076
Deferred Inflows of Resources
Unavailable revenue - - - -
Total deferred inflows of resources - - - -
Fund Balances:

Nonspendable:

Prepaid costs - - - 555
Restricted for:

Community development projects 1,025 273,038 5,163,400 - Public safety - - - 3,016,729
Parks and recreation - - - -
Public works - - - -
Capital projects - - - -
Debt service - - - -
Unassigned - - - -
Total fund balances 1,025 273,038 5,163,400 3,017,284
Total liabilities, deferred inflows of
resources and fund balances $ 1,025 $ 763,076 $ 5,163,400 $ 3,166,360 Housing
Authority 2020 PLHA
Special Revenue Funds
Public Safety Sales
ARPA Tax
114
$ 11,690 $ 64,768 $ 166,129 $ 1,443,559 $ 141,670 $ 30,526 $ 1,327,493 - - - - - - -
- 117,268 - 1,164,109 - - -
- 62 256 2,612 145 154 1,182
273 - 537 - - - -
288,022 - 1,366,520 - - 5,802 53,016
- - - - - - -
- - - - - - -
$ 299,985 $ 182,098 $ 1,533,442 $ 2,610,280 $ 141,815 $ 36,482 $ 1,381,691 $ 15,516 $ - $ 20,261 $ - $ 13,127 - $ $ 126,141
8,956 - 13,580 - 4,722 3,470 -
- - - - - - -
- - - - - - -
- - - - - - -
- - - 32,002 - - -
- - - - - - -
24,472 - 33,841 32,002 4,722 16,597 126,141
- 27,612 - 357,202 - - -
- 27,612 - 357,202 - - -
273 - 537 - - - -
- - - - - 19,885 -
- - - - 137,093 - -
- 154,486 - - - - -
275,240 - 1,499,064 2,221,076 - - 1,255,550
- - - - - - -
- - - - - - -
- - - - - - -
275,513 154,486 1,499,601 2,221,076 137,093 19,885 1,255,550 $ 299,985 $ 182,098 $ 1,533,442 $ 2,610,280 $ 141,815 $ 36,482 $ 1,381,691 Special Revenue Funds
Gas Tax Parks Reserve Transportation
System
Development
Charges
Community
Enhancement
Grants
Assessment
Districts
Road Repair and
Accountability Act
of 2017 Fund
115
City of Dinuba
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2024
Debt Service
Funds
ASSETS
Cash and investments 382,985 $ $ 2,285,729 $ - $ 665
Receivables:

Accounts - - - -
Notes and loans - - - -
Accrued interest - 2,176 - -
Prepaid costs - - - -
Due from other governments 1,380,418 - - -
Restricted assets:

Cash and investments with fiscal agents - - - 743,879
Advances to other funds - - - -
Total assets $ 1,763,403 $ 2,287,905 $ - $ 744,544

LIABILITIES, DEFERRED INFLOWS OF

RESOURCES AND FUND BALANCES
Liabilities:

Accounts payable $ 1,248,802 $ - $ - $ -
Accrued liabilities 44,329 - - -
Accrued interest - - - -
Unearned revenue - - - -
Deposits payable - - - -
Due to other funds - - 41,230 -
Advances from other funds - - - 200,000
Total liabilities 1,293,131 - 41,230 200,000
Deferred Inflows of Resources
Unavailable revenue - - - -
Total deferred inflows of resources - - - -
Fund Balances:

Nonspendable:

Prepaid costs - - - -
Restricted for:

Community development projects - - - -
Public safety - - - -
Parks and recreation - - - -
Public works - - - -
Capital projects 470,272 2,287,905 - -
Debt service - - - 544,544
Unassigned - - (41,230) -
Total fund balances 470,272 2,287,905 (41,230) 544,544
Total liabilities, deferred inflows of
resources and fund balances $ 1,763,403 $ 2,287,905 $ - $ 744,544 General
Construction
Capital Projects Funds
Vocational
Center MTBE
Financing
Authority
116
Debt Service
Funds
Total Nonmajor
Governmental
Funds
$ 44,077 $ 9,249,183
- -
- 6,444,777
- 11,429
- 1,365
- 3,668,950
- 743,879
1,124,333 1,124,333
$ 1,168,410 $ 21,243,916
$ - $ 1,436,831
- 211,149
- -
- 490,038
- -
- 73,232
- 200,000
- 2,411,250
- 384,814
- 384,814
- 1,365
- 5,457,348
- 3,153,822
- 154,486
- 5,250,930
- 2,758,177
1,168,410 1,712,954
- (41,230)
1,168,410 18,447,852
$ 1,168,410 $ 21,243,916
General Debt
Service
117
City of Dinuba
Combining Statement of Revenues, Expenditures and Changes in Fund Balances Nonmajor Governmental Funds
For the year ended June 30, 2024
REVENUES:

Taxes $ - $ - $ - $ 3,391,384
Intergovernmental - 2,529,556 230,897 -
Charges for services - - - -
Use of money and property - 130,965 - 108,090
Fines and forfeitures - - - -
Miscellaneous - - - -
Total revenues - 2,660,521 230,897 3,499,474
EXPENDITURES:

Current:

General government - - - -
Public safety - - - 3,027,949
Community development - - - -
Parks and recreation - - - -
Public works - - - -
Capital outlay - - - 235,228
Debt service:

Principal retirement - - - 144,451
Interest and fiscal charges - - - 34,067
Total expenditures - - - 3,441,695

REVENUES OVER (UNDER)
EXPENDITURES - 2,660,521 230,897 57,779
OTHER FINANCING SOURCES (USES):

Transfers in - - - -
Transfers out - (2,387,483) - (5,830)
Proceeds from sale of property - - - -
Issuance of debt - - - 190,676
Total other financing sources (uses) - (2,387,483) - 184,846 Net change in fund balances - 273,038 230,897 242,625
FUND BALANCES:

Beginning of year, as previously stated 117,929 - 4,932,503 2,774,659 Restatement (116,904) - - -
Beginning of year, as restated 1,025 - 4,932,503 2,774,659 End of year $ 1,025 $ 273,038 $ 5,163,400 $ 3,017,284
Housing
Authority 2020 PLHA
Special Revenue Funds
ARPA
Public Safety Sales
Tax
118
$ - $ - $ 692,560 $ - $ 631,836 - $ $ -
858,480 - 803,707 - 199,649 - 643,663
- - - 379,249 - - -
6,294 3,678 37,915 115,550 5,638 6,143 45,029
- 25,811 - - - - -
- - 7,796 - - - -
864,774 29,489 1,541,978 494,799 205,287 637,979 688,692 - - - - - 577,409 -
- - - - 184,438 - -
- - - - - - -
- - - - - - -
841,263 - 766,851 (40) - - -
- - - - - - 212,557
- - 17,807 - - 3,232 -
- - 4,502 - - 1,041 -
841,263 - 789,160 (40) 184,438 581,682 212,557
23,511 29,489 752,818 494,839 20,849 56,297 476,135
- - 7,304 - - - 82,333
(159,501) - (764,738) (1,570,871) - - -
- - - 100 - - -
- - - - - - -
(159,501) - (757,434) (1,570,771) - - 82,333
(135,990) 29,489 (4,616) (1,075,932) 20,849 56,297 558,468 411,503 8,093 1,504,217 3,297,008 116,244 (36,412) 697,082 - 116,904 - - - - -
411,503 124,997 1,504,217 3,297,008 116,244 (36,412) 697,082 $ 275,513 $ 154,486 $ 1,499,601 $ 2,221,076 $ 137,093 $ 19,885 $ 1,255,550 Special Revenue Funds
Road Repair and
Accountability Act
of 2017 Fund
Assessment
Gas Tax Parks Reserve Transportation Districts
System
Development
Charges
Community
Enhancement
Grants
119 119
City of Dinuba
Combining Statement of Revenues, Expenditures and Changes in Fund Balances Nonmajor Governmental Funds
For the year ended June 30, 2024
Debt Service
Funds
REVENUES:

Taxes $ - $ - $ - $ -
Intergovernmental 1,561,088 - - -
Charges for services - - - -
Use of money and property 139 98,318 - 36,910
Fines and forfeitures - - - -
Miscellaneous - - - -
Total revenues 1,561,227 98,318 - 36,910
EXPENDITURES:

Current:

General government - - - -
Public safety - - - -
Community development - - - -
Parks and recreation - - - -
Public works - - - -
Capital outlay 3,183,884 - - -
Debt service:

Principal retirement - - - 1,081,286
Interest and fiscal charges - - - 719,065
Total expenditures 3,183,884 - - 1,800,351

REVENUES OVER (UNDER)
EXPENDITURES (1,622,657) 98,318 - (1,763,441)
OTHER FINANCING SOURCES (USES):

Transfers in 1,978,281 - - 1,875,025
Transfers out - - - -
Proceeds from sale of property - - - -
Issuance of debt - - - -
Total other financing sources (uses) 1,978,281 - - 1,875,025 Net change in fund balances 355,624 98,318 - 111,584
FUND BALANCES:

Beginning of year, as previously stated 114,648 2,189,587 (41,230) 432,960 Restatement - - - -
Beginning of year, as restated 114,648 2,189,587 (41,230) 432,960 End of year $ 470,272 $ 2,287,905 $ (41,230) $ 544,544
Capital Projects Funds
General
Construction
Vocational
Center MTBE
Financing
Authority
120
Debt Service
Funds
Total Nonmajor
Governmental
Funds
$ - $ 4,715,780
- 6,827,040
- 379,249
- 594,669
- 25,811
- 7,796
- 12,550,345
- 577,409
- 3,212,387
- -
- -
- 1,608,074
- 3,631,669
86,777 1,333,553
38,425 797,100
125,202 11,160,192
(125,202) 1,390,153
125,719 4,068,662
(82,000) (4,970,423)
- 100
- 190,676
43,719 (710,985)
(81,483) 679,168
1,249,893 17,768,684
- -
1,249,893 17,768,684
$ 1,168,410 $ 18,447,852
General Debt
Service
121
City of Dinuba
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Housing Authority
For the year ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Taxes $ - $ - $ - $ -
Total revenues - - - -
EXPENDITURES:

Current:

General government - - - -
Total expenditures - - - -

REVENUES OVER (UNDER)

EXPENDITURES - - - -
OTHER FINANCING SOURCES (USES):

Transfers in - - - -
Total other financing sources (uses) - - - -
Net change in fund balances $ - $ - - $ -
FUND BALANCES:

Beginning of year, as previously stated 117,929
Restatement (116,904)
Beginning of year, as restated 1,025
End of year $ 1,025
Budgeted Amounts
122
City of Dinuba
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual ARPA
For the year ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Intergovernmental $ - $ - $ 2,529,556 $ 2,529,556
Use of money and property - 100,000 130,965 30,965
Total revenues - 100,000 2,660,521 2,560,521
EXPENDITURES:

Total expenditures - - - -

REVENUES OVER (UNDER)
EXPENDITURES - 100,000 2,660,521 2,560,521
OTHER FINANCING SOURCES (USES):

Transfers out (2,744,476) (2,826,907) (2,387,483) 439,424 Total other financing sources (uses) (2,744,476) (2,826,907) (2,387,483) 439,424 Net change in fund balances $ (2,744,476) $ (2,726,907) 273,038 $ 2,999,945 FUND BALANCES:

Beginning of year, as restated -
Restatement -
Beginning of year, as restated -
End of year $ 273,038
Budgeted Amounts
123
City of Dinuba
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual 2020 PLHA
For the year ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Intergovernmental $ - $ - $ 230,897 $ 230,897
Total revenues - - 230,897 230,897
EXPENDITURES:

Current:

General government - - - -

REVENUES OVER (UNDER)
EXPENDITURES - - 230,897 230,897
Net change in fund balances $ - $ - 230,897 $ 230,897
FUND BALANCES:

Beginning of year 4,932,503
End of year $ 5,163,400
Budgeted Amounts
124
City of Dinuba
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Public Safety Sales Tax
For the year ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Taxes $ 3,200,000 $ 3,200,000 $ 3,391,384 $ 191,384
Use of money and property - 95,000 108,090 13,090
Total revenues 3,200,000 3,295,000 3,499,474 204,474
EXPENDITURES:

Current:

Public safety 2,952,505 2,993,281 3,027,949 (34,668)
Capital outlay 376,281 381,628 235,228 146,400
Debt service:

Principal retirement 53,961 53,961 144,451 (90,490)
Interest and fiscal charges 9,151 9,151 34,067 (24,916) Total expenditures 3,391,898 3,438,021 3,441,695 (3,674)

REVENUES OVER (UNDER)
EXPENDITURES (191,898) (143,021) 57,779 200,800
OTHER FINANCING SOURCES (USES):

Transfers out (5,830) (5,830) (5,830) -
Proceeds from long-term debt - - 190,676 190,676
Total other financing sources (uses) (5,830) (5,830) 184,846 190,676 Net change in fund balances $ (197,728) $ (148,851) 242,625 $ 391,476 FUND BALANCES:

Beginning of year 2,774,659
End of year $ 3,017,284
Budgeted Amounts
125
City of Dinuba
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Gas Tax
For the year ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Intergovernmental $ 986,230 $ 986,230 $ 858,480 $ (127,750) Use of money and property 1,000 1,000 6,294 5,294
Total revenues 987,230 987,230 864,774 (122,456)
EXPENDITURES:

Current:

Public works 800,584 800,584 841,263 (40,679)
Total expenditures 800,584 800,584 841,263 (40,679)

REVENUES OVER (UNDER)
EXPENDITURES 186,646 186,646 23,511 (81,777)
OTHER FINANCING SOURCES (USES):

Transfers out (98,271) (325,501) (159,501) 166,000
Total other financing sources (uses) (98,271) (325,501) (159,501) 166,000 Net change in fund balances $ 88,375 $ (138,855) (135,990) $ 84,223 FUND BALANCES:

Beginning of year 411,503
End of year $ 275,513
Budgeted Amounts
126
City of Dinuba
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Parks Reserve
For the year ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Use of money and property $ 100 $ 100 $ 3,678 $ 3,578
Fines and forfeitures 62,900 62,900 25,811 (37,089)
Total revenues 63,000 63,000 29,489 (33,511)
EXPENDITURES:

Current:

General government - - - -
Total expenditures - - - -

REVENUES OVER (UNDER)
EXPENDITURES 63,000 63,000 29,489 (33,511)
Net change in fund balances $ 63,000 $ 63,000 29,489 $ (33,511) FUND BALANCES:

Beginning of year 8,093
Restatement 116,904
Beginning of year, as restated 124,997
End of year $ 154,486
Budgeted Amounts
127
City of Dinuba
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Transportation
For the year ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Taxes $ 571,277 $ 571,277 $ 692,560 $ 121,283
Intergovernmental 782,689 782,689 803,707 21,018
Use of money and property 500 40,500 37,915 (2,585)
Miscellaneous 7,200 7,200 7,796 596
Total revenues 1,361,666 1,401,666 1,541,978 140,312
EXPENDITURES:

Current:

Public works 676,223 676,223 766,851 (90,628)
Debt service:

Principal retirement 17,858 17,858 17,807 51
Interest and fiscal charges 4,513 4,513 4,502 11
Total expenditures 698,594 698,594 789,160 (90,566)

REVENUES OVER (UNDER)
EXPENDITURES 663,072 703,072 752,818 49,746
OTHER FINANCING SOURCES (USES):

Transfers in 7,304 7,304 7,304 -
Transfers out (556,541) (772,998) (764,738) 8,260
Total other financing sources (uses) (549,237) (765,694) (757,434) 8,260 Net change in fund balances $ 113,835 $ (62,622) (4,616) $ 58,006 FUND BALANCES:

Beginning of year 1,504,217
End of year $ 1,499,601
Budgeted Amounts
128
City of Dinuba
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual System Development Charges
For the year ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Charges for services $ 2,804,230 $ 2,815,364 $ 379,249 $ (2,436,115) Use of money and property 3,700 88,700 115,550 26,850
Total revenues 2,807,930 2,904,064 494,799 (2,409,265)
EXPENDITURES:

Current:

Public works 40,000 40,000 (40) 40,040
Capital outlay 195,000 195,000 - 195,000
Total expenditures 235,000 235,000 (40) 235,040

REVENUES OVER (UNDER)
EXPENDITURES 2,572,930 2,669,064 494,839 (2,174,225)
OTHER FINANCING SOURCES (USES):

Transfers out (2,828,869) (3,666,396) (1,570,871) 2,095,525 Proceeds from sale of property 1,000 1,000 100 (900)
Total other financing sources (uses) (2,827,869) (3,665,396) (1,570,771) 2,094,625 Net change in fund balances $ (254,939) $ (996,332) (1,075,932) $ (79,600) FUND BALANCES:

Beginning of year 3,297,008
End of year $ 2,221,076
Budgeted Amounts
129
City of Dinuba
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Community Enhancement Grants
For the year ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Intergovernmental $ 110,000 $ 178,490 $ 199,649 $ 21,159 Use of money and property - - 5,638 5,638
Total revenues 110,000 178,490 205,287 26,797
EXPENDITURES:

Current:

Public safety 179,028 192,275 184,438 7,837
Total expenditures 179,028 192,275 184,438 7,837

REVENUES OVER (UNDER)
EXPENDITURES (69,028) (13,785) 20,849 34,634
Net change in fund balances $ (69,028) $ (13,785) 20,849 $ 34,634 FUND BALANCES:

Beginning of year 116,244
End of year $ 137,093
Budgeted Amounts
130
City of Dinuba
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Assessment Districts
For the year ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Taxes $ 600,327 $ 600,327 $ 631,836 $ 31,509
Use of money and property - - 6,143 6,143
Total revenues 600,327 600,327 637,979 37,652
EXPENDITURES:

Current:

General government 551,518 565,520 577,409 (11,889)
Debt service:

Principal retirement 4,083 4,083 3,232 851
Interest and fiscal charges 1,317 1,317 1,041 276
Total expenditures 556,918 570,920 581,682 (10,762)

REVENUES OVER (UNDER)
EXPENDITURES 43,409 29,407 56,297 26,890
Net change in fund balances $ 43,409 $ 29,407 56,297 $ 26,890 FUND BALANCES:

Beginning of year (36,412)
End of year $ 19,885
Budgeted Amounts
131
City of Dinuba
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Road Repair and Accountability Act of 2017 (SB1) Fund
For the year ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Intergovernmental $ 621,145 $ 621,145 $ 643,663 $ 22,518 Use of money and property 3,000 38,000 45,029 7,029
Total revenues 624,145 659,145 688,692 29,547
EXPENDITURES:

Current:

Capital outlay 630,293 1,446,532 212,557 1,233,975
Total expenditures 630,293 1,446,532 212,557 1,233,975

REVENUES OVER (UNDER)
EXPENDITURES (6,148) (787,387) 476,135 1,263,522
OTHER FINANCING SOURCES (USES):

Transfers in 82,333 82,333 82,333 -
Total other financing sources (uses) 82,333 82,333 82,333 - Net change in fund balances $ 76,185 $ (705,054) 558,468 $ 1,263,522 FUND BALANCES:

Beginning of year 697,082
End of year $ 1,255,550
Budgeted Amounts
132
City of Dinuba
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual General Construction
For the year ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Intergovernmental $ 200,000 $ 200,000 $ 1,561,088 $ 1,361,088 Use of money and property - - 139 139
Total revenues 200,000 200,000 1,561,227 1,361,227
EXPENDITURES:

Current:

Capital outlay 3,113,934 3,931,088 3,183,884 747,204
Total expenditures 3,113,934 3,931,088 3,183,884 747,204

REVENUES OVER (UNDER)
EXPENDITURES (2,913,934) (3,731,088) (1,622,657) 2,108,431 OTHER FINANCING SOURCES (USES):

Transfers in 3,097,412 3,914,566 1,978,281 (1,936,285)
Total other financing sources (uses) 3,097,412 3,914,566 1,978,281 (1,936,285) Net change in fund balances $ 183,478 $ 183,478 355,624 $ 172,146 FUND BALANCES:

Beginning of year 114,648
End of year $ 470,272
Budgeted Amounts
133
City of Dinuba
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Vocational Center
For the year ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Use of money and property $ - $ 75,000 $ 98,318 $ 23,318 Total revenues - 75,000 98,318 23,318
EXPENDITURES:

Current:

General government - - - -
Total expenditures - - - -

REVENUES OVER (UNDER)
EXPENDITURES - 75,000 98,318 23,318
Net change in fund balances $ - $ 75,000 98,318 $ 23,318 FUND BALANCES:

Beginning of year 2,189,587
End of year $ 2,287,905
Budgeted Amounts
134
City of Dinuba
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual MTBE
For the year ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Miscellaneous $ 67,000 $ 67,000 $ - $ (67,000)
Total revenues 67,000 67,000 - (67,000)
EXPENDITURES:

Capital outlay 67,000 67,000 - 67,000
Total expenditures 67,000 67,000 - 67,000

REVENUES OVER (UNDER)

EXPENDITURES - - - -
Net change in fund balances $ - $ - - $ -
FUND BALANCES:

Beginning of year (41,230)
End of year $ (41,230)
Budgeted Amounts
135
City of Dinuba
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Financing Authority
For the year ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Use of money and property $ - $ - $ 36,910 $ 36,910
Total revenues - - 36,910 36,910
EXPENDITURES:

Debt service:

Principal retirement 1,081,286 1,081,286 1,081,286 -
Interest and fiscal charges 711,740 711,740 719,065 (7,325) Total expenditures 1,793,026 1,793,026 1,800,351 (7,325)

REVENUES OVER (UNDER)
EXPENDITURES (1,793,026) (1,793,026) (1,763,441) 29,585 OTHER FINANCING SOURCES (USES):

Transfers in 1,793,025 1,793,025 1,875,025 82,000
Total other financing sources (uses) 1,793,025 1,793,025 1,875,025 82,000 Net change in fund balances $ (1) $ (1) 111,584 $ 111,585 FUND BALANCES:

Beginning of year 432,960
End of year $ 544,544
Budgeted Amounts
136
City of Dinuba
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual General Debt Service
For the year ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Taxes $ - $ - $ - $ -
Total revenues - - - -
EXPENDITURES:

Debt service:

Principal retirement 86,777 86,777 86,777 -
Interest and fiscal charges 40,940 40,940 38,425 2,515
Total expenditures 127,717 127,717 125,202 2,515

REVENUES OVER (UNDER)
EXPENDITURES (127,717) (127,717) (125,202) 2,515
OTHER FINANCING SOURCES (USES):

Transfers in 127,717 127,717 125,719 (1,998)
Transfers out - - (82,000) (82,000)
Total other financing sources (uses) 127,717 127,717 43,719 (1,998) Net change in fund balances $ - $ - (81,483) $ (81,483) FUND BALANCES:

Beginning of year 1,249,893
End of year $ 1,168,410
Budgeted Amounts
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City of Dinuba
Nonmajor Enterprise Funds
Year Ended June 30, 2024
Enterprise funds are used to account for the financing of goods or services provided to customers.

Transit Enterprise Fund
This fund accounts for the operation of the City's transit system, which is accomplished by a private contractor. The principal source of funding for this activity is SB325 money.

Compressed Natural Gas
This fund accounts for the sale of compressed natural gas and related costs to outside entities. 139
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140
City of Dinuba
Statement of Net Position
Nonmajor Enterprise Funds
June 30, 2024
Totals
ASSETS
Current Assets:

Cash and investments $ 233,207 - $ 233,207 $
Receivables:

Accounts - 17,986 17,986
Accrued interest 222 - 222
Lease receivable - 3,001 3,001
Due from other governments 210,706 - 210,706
Total current assets 231,720 233,483 465,203
Noncurrent:

Notes and loans 350,000 - 350,000
Capital assets:

Depreciable capital assets, net 1,079,442 1,413,125 2,492,567 Net capital assets 1,079,442 1,413,125 2,492,567
Total noncurrent assets 1,429,442 1,413,125 2,842,567
Total assets 1,661,162 1,646,608 3,307,770

DEFERRED OUTFLOWS OF RESOURCES
Deferred pension related items 1,759 - 1,759
Deferred OPEB related items 8,558 - 8,558
Total deferred outflows of resources 10,317 - 10,317

LIABILITIES
Current liabilities:

Accounts payable 4,719 4,306 9,025
Accrued liabilities 746 549 1,295
Due to other funds 343,798 - 343,798
Compensated absences - current 175 - 175
Net OPEB liability - due within one year 1,933 - 1,933
Total current liabilities 350,761 5,465 356,226
Noncurrent liabilities:

Compensated absences 993 - 993
Claims payable - - -
Net pension liability - 4,541 4,541
Net OPEB liability - due in more than one year 60,139 - 60,139 Total noncurrent liabilities 65,673 - 65,673
Total liabilities 416,434 5,465 421,899

DEFERRED INFLOWS OF RESOURCES
Derred pension related items - 114 114
Deferred OPEB related items 31,800 - 31,800
Deferred inflows related to leases 2,784 - 2,784
Total deferred inflows of resources - 34,698 34,698

NET POSITION
Net investment in capital assets 1,079,442 1,413,125 2,492,567 Unrestricted 140,905 228,018 368,923
Total net position $ 1,220,347 $ 1,641,143 $ 2,861,490
Transit
Compressed
Natural Gas
141
City of Dinuba
Statement of Revenues, Expenses and Changes in Net Position Nonmajor Enterprise Funds
For the year ended June 30, 2024
Totals
OPERATING REVENUES:

Sales and service charges $ 77,021 16,829 $ 93,850 $
Total operating revenues 77,021 16,829 93,850
OPERATING EXPENSES:

Salaries and benefits 39,397 18,596 57,993
Contractual services 12,839 9,122 21,961
Materials and supplies - 21,893 21,893
Repairs and maintenance 6,740 34,797 41,537
Utilities 46,460 26,669 73,129
Allocated costs 24,524 102,231 126,755
Depreciation expense 87,938 108,162 196,100
Total operating expenses 217,898 321,470 539,368
Operating income (loss) (140,877) (304,641) (445,518)
NONOPERATING REVENUES (EXPENSES):

Intergovernmental - 210,706 210,706
Interest revenue 11,052 381 11,433
Total nonoperating revenues (expenses) 11,052 211,087 222,139 Income before contributions and transfers (129,825) (93,554) (223,379) CONTRIBUTIONS AND TRANSFERS:

Transfers out (873) - (873)
Total contributions and transfers (873) - (873)
Change in net position (93,554) (130,698) (224,252)
NET POSITION:

Beginning of year 1,313,901 1,771,841 3,085,742
End of year $ 1,220,347 $ 1,641,143 $ 2,861,490
Transit
Compressed
Natural Gas
142
City of Dinuba
Combining Statement of Cash Flows
Nonmajor Enterprise Funds
For the year ended June 30, 2024
Totals
CASH FLOWS FROM OPERATING ACTIVITIES:

Cash received from customers and users 4,191 $ 77,021 $ $ 81,212 Cash paid to suppliers for goods and services (198,082) (88,354) (286,436) Cash paid to employees for services (21,351) (43,060) (64,411) Net cash provided (used) by operating activities (54,393) (215,242) (269,635) CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES:

Cash transfers out - (873) (873)
Short-term loans to/from other funds (32,063) - (32,063) Intergovernmental revenue - 246,924 246,924
Net cash provided by (used in)
noncapital financing activities (873) 214,861 213,988
CASH FLOWS FROM INVESTING ACTIVITIES:

Interest received 11,169 381 11,550
Net cash provided by (used in) investing activities 11,169 381 11,550 Net increase (decrease) in cash and cash equivalents (44,097) - (44,097) CASH AND INVESTMENTS - Beginning of year 277,304 - 277,304 CASH AND INVESTMENTS - End of year $ 233,207 - $ 233,207 $

RECONCILIATION OF OPERATING INCOME (LOSS) TO NET
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES:

Operating income (loss) $ (304,641) $ (140,877) $ (445,518) Adjustments to reconcile operating income (loss) to
net cash provided by (used in) operating activities:

Depreciation 87,938 108,162 196,100
Changes in pension related items 118 - 118
Changes in OPEB liability (3,187) - (3,187)
Changes in lease receivable related items 899 - 899
(Increase) decrease in accounts receivable (13,537) - (13,537) (Increase) decrease in prepaid expense (27) (54) (81)
Increase (decrease) in accounts payable & accrued liabilities (3,343) 2,263 (1,080) Increase (decrease) in compensated absences 314 (3,663) (3,349) Net cash provided by (used in) operating activities $ (54,393) (215,242) $ (269,635) $ Transit
Compressed
Natural Gas
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City of Dinuba
Internal Service Funds
Year Ended June 30, 2024
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.
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City of Dinuba
Combining Statement of Net Position
Internal Service Funds
June 30, 2024
Totals
ASSETS
Current Assets:

Cash and investments 3,361,012 116,146 $ 13,492 $ 3,490,650 $ Receivables:

Accounts 92,922 - - 92,922
Accrued interest 3,096 114 - 3,210
Prepaid costs 3,062 529 - 3,591
Restricted:

Cash and investments with fiscal agents 49,187 - - 49,187 Total current assets 3,509,279 116,789 13,492 3,639,560 Noncurrent:

Capital assets:

Depreciable capital assets, net 9,289 - 10,673 19,962
Net capital assets - 9,289 10,673 19,962
Total noncurrent assets - 9,289 10,673 19,962
Total assets 3,509,279 126,078 24,165 3,659,522

DEFERRED OUTFLOWS OF RESOURCES
Deferred pension related items 168,041 102,164 - 270,205 Deferred OPEB related items 38,794 45,925 - 84,719
Total deferred outflows of resources 206,835 148,089 - 354,924

LIABILITIES
Current liabilities:

Accounts payable 21,024 27,414 - 48,438
Accrued liabilities 5,583 8,064 - 13,647
Compensated absences 2,748 9,804 12,552 -
Claims payable 50,000 - - 50,000
Lease liability - - 9,470 9,470
Net OPEB liiability - due within one year 8,764 10,375 - 19,139 Total current liabilities 88,119 55,657 9,470 153,246
Noncurrent liabilities:

Compensated absences 20,326 19,916 - 40,242
Net pension liability 263,748 433,818 - 697,566
Net OPEB liability - due in more than one year 322,747 272,631 - 595,378 Total noncurrent liabilities 726,775 606,411 - 1,333,186 Total liabilities 662,068 814,894 9,470 1,486,432

DEFERRED INFLOWS OF RESOURCES
Derred pension related items 10,902 6,630 - 17,532
Deferred OPEB related items 144,160 170,660 - 314,820
Total deferred inflows of resources 155,062 177,290 - 332,352

NET POSITION
Net investment in capital assets - 9,289 - 9,289
Unrestricted 2,746,158 (574,480) 14,695 2,186,373
Total net position $ 2,746,158 $ (565,191) $ 14,695 $ 2,195,662 Insurance Fund
Technology
Replacement Fund
Property and
Equipment Internal
Service Fund
147
City of Dinuba
Combining Statement of Revenues, Expenses and Changes in Net Position Internal Service Funds
For the year ended June 30, 2024
Totals
OPERATING REVENUES:

Sales and service charges $ 823,640 5,722,633 $ - $ 6,546,273 $ Total operating revenues 823,640 5,722,633 - 6,546,273
OPERATING EXPENSES:

Salaries and benefits 321,089 216,706 - 537,795
Contractual services 132,107 27,292 - 159,399
Materials and supplies 87,173 447 12,594 100,214
Insurance - 2,180,558 - 2,180,558
Employee health insurance - 3,516,434 - 3,516,434
Repairs and maintenance 197,576 - - 197,576
Utilities 12,048 - - 12,048
Allocated costs 35,465 - - 35,465
Depreciation expense 4,386 - 32,018 36,404
Total operating expenses 789,844 5,941,437 44,612 6,775,893 Operating income (loss) 33,796 (218,804) (44,612) (229,620) NONOPERATING REVENUES (EXPENSES):

Interest revenue 4,368 135,235 - 139,603
Interest expense - - (1,321) (1,321)
Total nonoperating revenues (expenses) 4,368 135,235 (1,321) 138,282 Income before contributions and transfers (83,569) 38,164 (45,933) (91,338) CONTRIBUTIONS AND TRANSFERS:

Transfers in - - 73,919 73,919
Transfers out (16,915) (1,406) - (18,321)
Total contributions and transfers (16,915) (1,406) 73,919 55,598 Change in net position (84,975) 21,249 27,986 (35,740)
NET POSITION:

Beginning of year 2,831,133 (586,440) (13,291) 2,231,402 End of year $ 2,746,158 $ (565,191) $ 14,695 $ 2,195,662 Insurance Fund
Property and
Equipment Internal
Service Fund
Technology
Replacement Fund
148
City of Dinuba
Combining Statement of Cash Flows
Internal Service Funds
For the year ended June 30, 2024
Totals
CASH FLOWS FROM OPERATING ACTIVITIES:

Cash received from interfund services provided 5,710,578 823,640 - 6,534,218 Cash paid to suppliers for goods and services (5,722,729) (470,850) (16,275) (6,209,854) Cash paid to employees for services (212,210) (327,443) - (539,653) Net cash provided (used) by operating activities 25,347 (224,361) (16,275) (215,289) CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES:

Cash transfers in - - 73,919 73,919
Cash transfers out (1,406) (16,915) - (18,321)
Short-term loans from/to other funds (8,620) (8,620)
Net cash provided (used) by
noncapital financing activities (16,915) (1,406) 65,299 46,978 CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES:

Principal paid on capital debt - - (34,211) (34,211)
Interest paid on capital debt - - (1,321) (1,321)
Net cash provided (used) by
capital and related financing activities (48) - (35,532) (35,580) CASH FLOWS FROM INVESTING ACTIVITIES:

Interest earnings 135,858 4,425 140,283
Net cash provided (used) by investing activities 135,858 4,425 - 140,283 Net increase (decrease) in cash and cash equivalents (89,909) 12,809 13,492 (63,608) CASH AND INVESTMENTS - Beginning of year 3,500,108 103,337 - 3,603,445 CASH AND INVESTMENTS - End of year $ 3,410,199 $ 116,146 $ 13,492 $ 3,539,837

RECONCILIATION OF OPERATING INCOME (LOSS) TO NET
CASH PROVIDED (USED) BY OPERATING ACTIVITIES:

Operating income (loss) $ (218,804) $ 33,796 $ (44,612) $ (229,620) Adjustments to reconcile operating income (loss) to
net cash provided by (used in) operating activities:

Depreciation 4,386 - 32,018 36,404
Changes in pension related items 11,285 6,861 - 18,146
Changes in OPEB liability (14,446) (17,101) - (31,547)
(Increase) decrease in accounts receivable (12,055) - - (12,055) (Increase) decrease in prepaid expense 12,022 (529) 160 11,653 Increase (decrease) in accounts payable & accrued liabilities (10,020) (5,952) (3,841) (19,813) Increase (decrease) in compensated absences 7,657 3,886 - 11,543 Net cash provided (used) by operating activities $ (224,361) $ 25,347 $ (16,275) $ (215,289) Technology
Replacement Fund
Property and
Equipment Internal
Insurance Fund Service Fund
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El Monte Way Dinuba
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Financial Trends
Revenue Capacity
Debt Capacity
Demographic and Economic Information
Operating Information
These schedules offer demographic and economic indicators to help the reader understand the environment within which the City's financial activities take place and to help make comparisons over time and with other governments.

These schedules contain information about the City's operations and resources to help the reader understanding how the City's financial information relates to the services the City provides and the activities it performs.

These schedules contain information to help the reader assess the factors affecting the City's ability to generate its property and sales taxes.

These schedules present information to help the reader assess the affordability of the City's current levels of outstanding debt and the City's ability to issue additional debt in the future.

City of Dinuba
Statistical Section
This part of the City's annual comprehensive financial report presents detailed information in a context for understanding what the information in the financial statements, note disclosures, and required supplementary information says about the City's financial health.

These schedules contain trend information to help the reader understand how the City's financial performance and well-being have changed over time.
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CITY OF DINUBA

NET POSITION BY COMPONENT

LAST TEN FISCAL YEARS
(Accrual Basis of Accounting)
2015 2016 2017 2018 2019
Governmental Activities
Investment In Capital Assets $145,008,916 $162,419,353 $162,951,223 $175,427,868 $157,295,209 Restricted 34,836,273 33,955,040 33,547,768 40,668,235 41,721,018 Unrestricted (1,260,101) (9,391,284) (6,391,796) (27,286,468) (26,278,675) Total Governmental Activities Net Position 178,585,088 186,983,109 190,107,195 188,809,635 172,737,552 Business-Type Activities
Investment In Capital Assets 47,536,365 46,474,326 46,126,105 52,249,502 53,298,542 Restricted
Unrestricted 2,514,439 4,986,126 4,641,804 1,298,646 5,352,135 Total Business-Type Activities Net Position 50,050,804 51,460,452 50,767,909 53,548,148 58,650,677 Primary Government
Investment In Capital Assets 192,545,281 208,893,679 209,077,328 227,677,370 210,593,751 Restricted 34,836,273 33,955,040 33,547,768 40,668,235 41,721,018 Unrestricted 1,254,338 (4,405,158) (1,749,992) (25,987,822) (20,926,540) Total Primary Government Net Position $228,635,892 $238,443,561 $240,875,104 $242,357,783 $231,388,229 2020 2021 2022 2023 2024
Governmental Activities
Investment In Capital Assets $156,300,701 $169,862,756 $185,146,570 $193,484,553 $199,010,616 Restricted 35,733,689 36,825,231 36,725,539 39,105,983 45,596,145 Unrestricted (25,273,886) (21,122,261) (12,239,893) (17,585,270) (23,524,722) Total Governmental Activities Net Position 166,760,504 185,565,726 209,632,216 215,005,266 221,082,039 Business-Type Activities
Investment In Capital Assets 50,287,699 50,501,822 50,904,157 55,425,723 55,0 Restricted
Unrestricted 4,253,818 8,674,254 10,147,430 8,202,322 10,460,670 Total Business-Type Activities Net Position 54,541,517 59,176,076 61,051,587 63,628,045 65,4 Primary Government
Investment In Capital Assets 206,588,400 220,364,578 236,050,727 248,910,276 254,0

Restricted 35,733,689 36,825,231 36,725,539 39,105,983 45,596,145 Unrestricted (21,020,068) (12,448,007) (2,092,463) (9,382,948) (13,064,052) Total Primary Government Net Position $221,302,021 $244,741,802 $270,683,803 $278,633,311 $286,5 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
350,000,000
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Investment In Capital Assets Restricted Unrestricted
155

CITY OF DINUBA

CHANGES IN NET POSITION

LAST TEN FISCAL YEARS
(Accrual Basis of Accounting)
2015 2016 2017 2018
Expenses
Governmental Activities
General Government $5,345,434 $4,802,762 $7,661,240 $3,989,322 Public Safety 13,275,052 13,746,235 13,897,596 12,920,443 Public Works 3,334,975 3,943,500 3,752,225 6,577,677
Community Development 1,641,605 1,178,906 637,522 2,350,919 Parks and Recreation 1,682,401 1,824,431 2,007,951 2,127,602 Interest on Long-Term Debt 1,204,781 1,278,342 1,604,463 978,293 Unallocated Depreciation 2,635,342 3,029,796 3,011,661
Non-departmental - sales tax settlement
Total Governmental Activities Expenses 29,119,590 29,803,972 32,572,658 28,944,256 Business-Type Activities
Water 2,931,923 3,204,634 2,977,849 2,965,352
Sewer 3,182,025 3,247,602 3,156,499 4,553,169
Disposal 3,336,842 3,239,137 3,206,889 3,430,622
Ambulance 1,377,304 1,368,670 1,523,498 2,760,551
Transit 1,044,207 1,243,710 1,137,529 1,147,311
Golf Course 3,335,866 3,560,260 3,491,319 3,131,513
Compressed Natural Gas 165,208 159,572 140,572 181,928
Engineering 658,837 738,550
Total Business-Type Activities Expenses 16,032,212 16,762,135 15,634,155 18,170,446 Total Primary Government Net Expenses $45,151,802 $46,566,107 $48,206,813 $47,114,702 Program Revenues
Governmental Activities
Charges for Services
General Government $3,055,054 $5,470,676 $8,259,877 $1,500,372 Public Safety 898,323 274,181 30,863 549,566
Public Works 3,824,832 1,808,508 1,530,664 1,977,090
Community Development 120,322 22,282 0 115,498
Parks and Recreation 183,922 174,473 38,475 352,536
Operating Contributions and Grants 3,274,094 3,375,630 5,263,630 2,168,438 Capital Contributions and Grants 10,114,120 12,075,630 3,011,810 19,289,803 Total Governmental Activities Program Revenues 21,470,667 23,201,380 18,135,319 25,953,303 Business-Type Activities
Charges for Services
Water 2,604,665 2,510,596 2,648,278 2,962,303
Sewer 2,751,349 2,838,956 2,947,782 3,368,250
Disposal 3,081,958 3,175,398 3,088,068 3,105,381
Ambulance 1,271,302 1,332,373 1,396,312 1,487,640
Transit 61,929 85,333 120,565 103,623
Golf Course 2,346,921 2,441,531 2,223,355 2,072,902
Compressed Natural Gas 262,922 284,800 199,896 210,677
Engineering 493,851 710,226 0 0
Operating Contributions and Grants 1,705,461 3,178,252 2,496,256 3,889,532 Capital Contributions and Grants 449,819 1,165,634
Total Business-Type Activities Program Revenues 15,030,177 17,723,099 15,120,512 17,200,308 Total Primary Government Program Revenues $36,500,844 $40,924,479 $33,255,831 $43,153,611 Source: City of Dinuba Financial Services Division
156
2019 2020 2021 2022 2023 2024
$3,647,223 $4,464,243 $7,635,027 $5,980,513 $7,563,541 $5,909,635 12,503,075 12,801,801 12,899,424 11,547,688 10,757,166 14,132,045 2,429,367 5,116,719 3,009,339 2,725,438 1,080,475 5,320,668 2,277,992 2,427,047 2,576,069 2,788,622 2,048,106 2,217,210 2,527,531 2,705,703 2,858,033 3,048,341 2,411,417 2,873,292 1,008,877 1,001,611 935,126 1,111,140 812,001 846,418
9,305,652
24,394,065 28,517,124 29,913,018 27,201,742 33,978,358 31,299,268 2,985,641 3,563,885 3,460,883 3,538,809 2,886,622 3,352,700 3,048,253 3,255,224 1,803,845 2,953,695 3,720,942 3,838,914 3,102,875 3,129,253 3,013,999 3,027,382 3,002,715 3,429,066 2,798,210 2,647,280 1,562,676 1,452,769 2,104,122 3,859,114 1,123,030 1,088,585 1,280,248 401,914 410,084 321,470
2,298,467 4,097,713 2,839,155 3,514,710 4,511,217 4,734,835 306,316 318,069 304,582 286,187 281,025 217,898
15,662,792 18,100,009 14,265,388 15,175,466 16,916,727 19,753,997 $40,056,857 $46,617,133 $44,178,406 $42,377,208 $50,895,085 $51,053,265 $1,602,391 $1,234,142 $1,263,713 $1,152,165 $1,376,599 $1,339,061 500,114 837,538 516,452 516,460 836,227 547,108
2,132,137 2,675,164 1,728,740 884,816 1,802,386 1,829,721 60,995 65,077 0 0 0 0
336,771 560,971 238,428 304,344 283,421 267,864
2,292,863 1,076,942 7,124,303 4,438,339 2,249,647 3,405,225 5,687,693 3,613,910 2,237,038 7,602,539 2,317,909 5,495,676 12,612,964 10,063,744 13,108,674 14,898,663 8,866,189 12,884,655 3,005,484 3,195,777 3,240,648 3,186,976 3,231,249 3,625,330 3,566,985 3,591,874 3,816,657 3,770,310 3,788,811 4,586,870 3,167,180 3,173,221 3,202,112 3,368,605 3,452,572 3,527,973 1,200,884 1,573,951 2,302,744 1,621,264 1,817,777 4,202,794 89,775 67,142 19,241 17,060 16,989 16,829
2,104,304 1,812,421 2,397,750 3,158,714 3,326,085 3,390,069 209,972 215,107 174,801 130,884 119,669 77,021
000000
3,295,905 4,947,792 5,088,783 2,174,054 4,428,566 2,460,752 16,640,489 18,577,285 20,242,736 17,427,867 20,181,718 21,887,638 $29,253,453 $28,641,029 $33,351,410 $32,326,530 $29,047,907 $34,772,293 157

CITY OF DINUBA

CHANGES IN NET POSITION

LAST TEN FISCAL YEARS
(Accrual Basis of Accounting)
2015 2016 2017 2018
Net (Expense)/Revenue
Governmental Activities ($7,648,923) ($6,602,592) ($14,437,339) ($2,990,953) Business-Type Activities (1,002,035) 960,964 (513,643) (970,138) Total Primary Government Net Expense ($8,650,958) ($5,641,628) ($14,950,982) ($3,961,091) General Revenues and Other Changes in Net Position
Governmental Activities
Taxes
Property Taxes $846,306 $1,260,845 $1,149,426 $1,166,971 Transient Occupancy Taxes 226,817 248,579 281,005 291,190 Sales Taxes 5,461,810 9,729,414 9,080,769 9,926,107
Franchise Taxes 256,883 252,761 216,407 234,815
Business Licenses Taxes 233,387
Utility Users Tax 1,630,654 1,683,265 1,482,077 1,491,791 Other Taxes 292,650 487,363 273,161 478,877
Motor Vehicle Tax 1,633,128 1,754,885 1,847,746 1,841,147 Use of Money and Property 113,494 262,770 201,154 454,092 Other/Contributions 109,931 552,748 539,928 698,424
Gain (Loss) on Sale of Capital Assets 261,425
Special Item (Note 18)
Transfers 391,944 (269,724) 988,600 816,888
Total Governmental Activities 11,225,042 15,962,906 16,060,273 17,633,689 Business-Type Activities
Use of Money and Property 18,524 37,175 50,643 59,094
Other/Contributions 6,585,197
Special Item (Note 18)
Transfers (391,944) 269,724 (988,600) (816,888)
Total Business-Type Activities (373,420) 306,899 (937,957) 5,827,403 Extraordinary Item - Litigation Settlement
Extraordinary Item - Gain on Foreclosure of Property
Extraordinary Item - RDA Dissolution
Total Primary Government $10,851,622 $16,269,805 $15,122,316 $23,461,092 Change in Net Position
Governmental Activities $3,576,119 $9,360,314 $1,622,934 $14,642,736 Business-Type Activities (1,375,455) 1,267,863 (1,451,600) 4,857,265 Total Primary Government $2,200,664 $10,628,177 $171,334 $19,500,001 Source: City of Dinuba Financial Services Division
158
2019 2020 2021 2022 2023 2024
($11,781,101) ($18,453,380) ($16,804,344) ($12,303,079) ($25,112,169) ($18,414,613) 977,697 477,276 5,977,348 2,252,401 3,264,991 2,133,641 ($10,803,404) ($17,976,104) ($10,826,996) ($10,050,678) ($21,847,178) ($16,280,972) $1,301,585 $1,377,047 $1,517,322 $1,667,353 $1,890,358 $2,071,838 289,263 244,052 266,474 372,343 363,795 394,204
10,777,734 14,059,028 19,276,913 17,633,910 11,265,363 11,075,486 245,102 258,084 279,774 303,727 340,382 347,315
237,357 259,787 254,098 256,319 292,029 346,893
1,475,873 1,534,979 1,668,455 1,804,455 2,277,276 2,229,716 504,884 495,334 609,054 602,686 714,122 719,877
1,943,492 2,033,375 2,151,555 2,332,959 2,484,668 2,625,778 695,301 724,898 662,583 272,633 2,151,918 2,497,221
345,361 280,254 8,106,557 10,581,372 3,308,695 2,795,206 (11,409,298)
354,520 3,001,156 873,612 541,812 (1,849,692) 52,463
18,170,472 12,858,696 35,666,397 36,369,569 23,238,914 25,155,997 137,539 205,916 572,378 64,439 427,133 788,072
4,054,738 417,505 141,246 52,103 28,204 34,285
(1,350,000)
(354,520) (3,001,156) (873,612) (541,812) 1,849,692 (52,463) 3,837,757 (3,727,735) (159,988) (425,270) 2,305,029 769,894 $22,008,229 $9,130,961 $35,506,409 $35,944,299 $25,543,943 $25,925,891 $6,389,371 ($5,594,684) $18,862,053 $24,066,490 ($1,873,255) $6,741,384 4,815,454 (3,250,459) 5,817,360 1,827,131 5,570,020 2,903,535 $11,204,825 ($8,845,143) $24,679,413 $25,893,621 $3,696,765 $9,644,919 159

CITY OF DINUBA

FUND BALANCES OF GOVERNMENTAL FUNDS

LAST TEN FISCAL YEARS
(Modified Accrual Basis of Accounting)
2015 2016 2017 2018 2019
General Fund
Reserved
Unreserved
Nonspendable $2,699,439 $3,082,112 $3,436,060 $3,846,794 $4,257,720 Unassigned 2,255,325 1,219,528 1,113,239 1,533,739 3,369,500 Total General Fund $4,954,764 $4,301,640 $4,549,299 $5,380,533 $7,627,220 All Other Governmental Funds
Reserved
Unreserved, Reported In:

Nonspendable Funds 8,957,449 10,334,283 5,045,407 1,298 7,450 Restricted Funds 10,838,675 7,636,453 13,091,326 40,668,235 41,721,018 Assigned Funds 103,142 55,075 64,462
Unassigned Funds (618,061) (695,780) (451,012) (453,629) (242,862) Total All Other Governmental Funds $19,281,205 $17,330,031 $17,750,183 $40,215,904 $41,485,606 Total Governmental Funds $24,235,969 $21,631,671 $22,299,482 $45,596,437 $49,112,826 2020 2021 2022 2023 2024
General Fund
Reserved
Unreserved
Nonspendable $1,724,529 $1,525,245 $47,949 $68,819 $2,155,509 Unassigned 7,101,966 15,677,417 22,926,476 11,896,411 8,762,073 Total General Fund $8,826,495 $17,202,662 $22,974,425 $11,965,230 $10,917,582 All Other Governmental Funds
Reserved
Unreserved, Reported In:

Nonspendable Funds 2,720 9,835 685 35,801 1,365
Restricted Funds 35,733,689 36,825,231 36,725,539 43,612,500 45,140,647 Assigned Funds 0000 0
Unassigned Funds (139,889) (146,255) (77,107) (113,443) (41,230) Total All Other Governmental Funds $35,596,520 $36,688,811 $36,649,117 $43,534,858 $45,100,782 Total Governmental Funds $44,423,015 $53,891,473 $59,623,542 $55,500,088 $56,018,364 160
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161

CITY OF DINUBA

CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS

LAST TEN FISCAL YEARS
(Modified Accrual Basis of Accounting)
2015 2016 2017 2018 2019
Revenues
$14,673,041 $15,417,110 $17,699,777 $13,823,138 $14,831,798 825,421 410,496 269,630
1,553,351 1,567,928
10,254,854 9,817,361 3,885,183 5,099,899 6,329,384
2,629,858 1,386,822 1,275,159 2,818,004 2,909,545
116,046 265,203 205,154 454,092 695,301
83,345 96,196 113,012 235,466 178,240
773,948 2,560,957 2,205,415
Taxes
Licenses and Permits
Assessments
Intergovernmental
Charges for Services
Use of Money and Property
Fines and Forfeitures
Reimbursements
Miscellaneous 26,586 46,056 157,286 326,652 345,486
Total Revenues 29,383,099 30,000,201 25,810,616 24,310,602 26,857,682 Expenditures
Current
General Government 3,221,524 3,504,184 6,363,752 3,824,662 2,565,387 Public Safety 9,573,198 10,454,857 10,820,834 10,786,365 10,465,411 Public Works 2 2,361,778 2,880,100 2,299,448 6,072,381 1,758,071 Community development 1,205,315 813,013 270,174 1,911,234 1,614,439 Parks and Recreation 1 1,235,269 1,458,541 1,640,604 1,780,297 1,840,142 Non-departmental - sales tax settlement
Capital Outlay 14,428,933 11,512,821 2,811,519 739,058 3,656,178 Debt Service
Principal Retirement 1,001,685 980,865 7,131,417 1,156,606 1,208,551 Interest and Fiscal Charges 1,177,009 1,216,247 1,762,202 1,020,930 989,520 Debt Issuance Costs
Total Expenditures 34,204,711 32,820,628 33,099,950 27,291,533 24,097,699 Excess of Revenues Over (Under) Expenditures (4,821,612) (2,820,427) (7,289,334) (2,980,931) 2,759,983 Other Financing Sources (Uses)
Proceeds from Issuance of debt 1,300,000 6,764,759 437,479 36,863 Transfers In 10,198,943 3,115,598 5,091,147 2,907,190 2,610,730 Transfers Out (10,506,999) (3,385,322) (4,094,047) (2,081,721) (2,248,067) Sales of Property 368,524 148,146
Capital Leases 197,363
Special Item
Issuance of Long Term Debt
Original issuance discount
Payment to Refunded Bond Escrow Agent
Total Other Financing Sources (Uses) 60,468 1,178,422 7,761,859 1,262,948 596,889 Net Change in Fund Balances before Extraordinary Item (4,761,144) (1,642,005) 472,525 (1,717,983) 3,356,872 Extraordinary Item - Litigation Settlement
Extraordinary Item - Gain on Property Foreclosure
Net Change In Fund Balances ($4,761,144) ($1,642,005) $472,525 ($1,717,983) $3,356,872 Debt Service as a percentage of non-capital expenditures 11.0% 11.5% 29.0% 8.3% 10.8% Source: City of Dinuba Financial Services Division
162
2020 2021 2022 2023 2024
$18,228,311 $23,872,090 $22,640,793 $17,143,325 $17,185,330 1,168,344 1,200,122 1,191,159 1,309,341 1,215,537
6,724,227 11,512,896 14,006,631 9,497,340 14,002,683
3,610,155 2,277,342 1,623,439 2,745,939 2,626,453
971,096 638,369 257,438 2,076,152 2,357,619
517,712 251,220 143,230 243,353 89,776
345,331 294,962 1,617,054 110,684 316,690
31,565,176 40,047,001 41,479,744 33,126,134 37,794,088
2,737,350 2,878,155 2,998,255 4,212,898 3,665,394
10,827,257 11,123,053 11,541,799 11,829,037 12,449,133
2,211,741 2,188,240 2,103,022 1,511,840 1,608,074
1,665,387 1,404,584 2,047,537 2,146,946 2,109,374
1,838,979 1,814,007 2,315,600 2,660,717 2,826,172
9,305,652
4,394,413 9,894,559 8,286,076 7,898,512 12,671,513
1,293,760 1,376,732 1,351,704 1,433,767 1,372,796
957,349 912,442 893,619 830,009 798,497
25,926,236 31,591,772 31,537,612 41,829,378 37,500,953
5,638,940 8,455,229 9,942,132 (8,703,244) 293,135
373,064 352,040 228,176
4,474,858 4,622,039 4,163,024 7,081,641 9,439,395
(3,473,677) (3,798,583) (3,604,530) (8,981,995) (9,442,530) 49,128 1,351,526 100
85,667 197,476
(11,409,298)
(9,949,386) 1,070,060 558,494 (196,788) 225,141
(4,310,446) 9,525,289 10,500,626 (8,900,032) 518,276
($4,310,446) $9,525,289 $10,500,626 ($8,900,032) $518,276

9.5% 9.8% 9.7% 6.8% 7.7%
163
Total
Charges Operating Capital Total Total GovernmentFor Grants And Grants And Program General Wide Fiscal Year Services Contributions Contributions Revenues Revenues Revenues 2015 $8,082,453 $3,274,094 $10,114,120 $21,470,667 $11,225,042 $32,695,709 2016 $7,750,120 $3,375,630 $12,075,630 $23,201,380 $16,232,630 $39,434,010 2017 $9,859,879 $5,263,630 $3,011,810 $18,135,319 $15,071,673 $33,206,992 2018 $4,495,062 $2,168,438 $19,289,803 $25,953,303 $16,816,801 $42,770,104 2019 $4,632,408 $2,292,863 $5,687,693 $12,612,964 $17,815,952 $30,428,916 2020 $5,372,892 $1,076,942 $3,613,910 $10,063,744 $21,266,838 $31,330,582 2021 $3,747,333 $7,124,303 $2,237,038 $13,108,674 $34,792,785 $47,901,459 2022 $2,857,785 $4,438,339 $7,602,539 $14,898,663 $35,827,757 $50,726,420 2023 $4,298,633 $2,249,647 $2,317,909 $8,866,189 $25,088,606 $33,954,795 2024 $3,983,754 $3,405,225 $5,495,676 $12,884,655 $25,103,534 $37,988,189

GENERAL REVENUES
All Use Of Total
Property Sales Utility Users Other Money And General
Fiscal Year Taxes Taxes Taxes Revenues Property Revenues 2015 $846,306 $5,461,810 $1,630,654 $2,519,409 $766,863 $11,225,042 2016 $1,260,845 $9,729,414 $1,683,265 $3,296,336 $262,770 $16,232,630 2017 $1,149,426 $9,080,769 $1,482,077 $3,158,247 $201,154 $15,071,673 2018 $1,166,971 $9,926,107 $1,491,791 $3,777,840 $454,092 $16,816,801 2019 $1,301,585 $10,777,734 $1,475,873 $3,565,459 $695,301 $17,815,952 2020 $1,377,047 $14,059,028 $1,534,979 $3,570,886 $724,898 $21,266,838 2021 $1,517,322 $19,276,913 $1,668,455 $11,667,512 $662,583 $34,792,785 2022 $1,667,353 $17,633,910 $1,804,455 $14,449,406 $272,633 $35,827,757 2023 $1,890,358 $11,265,363 $2,277,276 $7,503,691 $2,151,918 $25,088,606 2024 $2,071,838 $11,075,486 $2,229,716 $7,229,273 $2,497,221 $25,103,534 Source: City of Dinuba Financial Services Division

PROGRAM REVENUES

CITY OF DINUBA

GOVERNMENT-WIDE REVENUES

LAST TEN FISCAL YEARS
164
Licenses Charges Use Of Fines
And For Money And And
Fiscal Year 7D[HV Permits Intergovernmental Services Property Forfeitures 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 $0 $5,099,899 $2,818,004 $454,092 $235,466 2019 $14,831,798 $0 $6,329,384 $2,909,545 $695,301 $178,240 2020 $18,228,311 $0 $6,724,227 $3,610,155 $971,096 $517,712 2021 $23,872,090 $0 $11,512,896 $2,277,342 $638,369 $251,220 2022 $22,640,793 $0 $14,006,631 $1,623,439 $257,438 $143,230 2023 $17,143,325 $0 $9,497,340 $2,745,939 $2,076,152 $243,353 2024 $17,185,330 $0 $14,002,683 $2,626,453 $2,357,619 $89,776 Total
General
Government
Fiscal Year Reimbursements Miscellaneous Assessments Revenues 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 $0 $326,652 $1,553,351 $24,310,602
2019 $0 $345,486 $1,567,928 $26,857,682
2020 $0 $345,331 $1,168,344 $31,565,176
2021 $0 $294,962 $1,200,122 $40,047,001
2022 $0 $1,617,054 $1,191,159 $41,479,744
2023 $0 $110,684 $1,309,341 $33,126,134
2024 $0 $316,690 $1,215,537 $37,794,088
Source: City of Dinuba Financial Services Division

CITY OF DINUBA
GENERAL GOVERNMENT REVENUES BY SOURCE 1

LAST TEN FISCAL YEARS
165
Year Total
Ended Assessed Total Direct
June 30 Value 2 Secured Unsecured Tax Rate 3
2015 $985,816,882 $939,251,713 $46,565,169 0.191%
2016 $1,060,846,254 $1,009,448,577 $51,397,677 0.192%
2017 $1,116,863,014 $1,067,474,239 $49,388,775 0.191%
2018 $1,104,970,655 $1,051,056,439 $53,914,216 0.191%
2019 $1,167,672,497 $1,110,923,018 $56,749,479 0.189%
2020 $1,217,137,041 $1,164,805,525 $52,331,516 0.189%
2021 $1,289,180,103 $1,235,209,187 $53,970,916 0.188%
2022 $1,391,903,645 $1,329,566,190 $62,337,455 0.188%
2023 $1,503,021,767 $1,424,200,024 $78,821,743 0.186%
2024 $1,588,098,400 $1,503,911,298 $84,187,102 0.186%
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

CITY OF DINUBA
PROPERTY AD VALOREM TAX ASSESSED VALUES 1

LAST TEN FISCAL YEARS
City
$0
$500
$1,000
$1,500
$2,000
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Millions
Series2
166
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 $ 73,560,223.00 4.89% 1 $ 6,553,434.00 0.67% 1 Best Buy Stores, Inc. Distribution Center $ 52,492,757.00 3.49% 2 $ 4,904,870.00 0.50% 3 Best Buy Warehouse Logistic Distribution Center $ 43,424,520.00 2.89% 3 Wal-mart Store Inc Retail Store $ 20,386,451.00 1.36% 4 $ 17,301,619.00 1.77% 4 Patterson Dental Supply Wholesaler $ 16,063,920.00 1.07% 5 $ 1,457,977.00 0.15% 5 Dinuba Properties Apartment Complex $ 12,839,085.00 0.85% 6 Webo LLC - Northgate Plaza Real Estate Investment $ 0.65% 7 9,723,401.00 Aung San/Sai Shiva LLC Holiday Inn $ 0.57% 8 8,551,580.00 SJ22 LLC Real Estate Investment $ 0.47% 9 7,068,110.00
Dinuba Healthcare Nursing Care $ 0.38% 10 5,655,117.00
Odwalla, Inc. Fruit Juices $ 0.00% 2 23,782.00
Boscacci Group Real Estate Investment $ 0.71% 6 6,909,984.00 Bloom Energy $ 5,120,410.00 0.52% 7
Dinuba - Veto LLC Real Estate Investment 5,100,000.00 $ 0.52% 8 Kmart Corp Retail Store $ 0.52% 9 5,049,715.00
Red Rock Plaza Center LLC Real Estate Investment $ 0.51% 10 5,000,000.00 $ 16.62% 57,421,791 249,765,164 $ 5.87%
Source: Tulare County Auditor's Office
Fiscal Year 2024 Fiscal Year 2015

CITY OF DINUBA

PRINCIPAL PROPERTY TAXPAYERS
AS OF JUNE 30, 2024 AND 2015
167

CITY OF DINUBA

DIRECT AND OVERLAPPING PROPERTY TAX RATES
(Rate per $100 of Assessed Value)

LAST FIVE FISCAL YEARS
2020 2021 2022 2023 2024
City Direct Rates:

City basic rate 0.1888 0.1880 0.1880 0.1855 0.1861
Total City Direct Rate 0.1888 0.1880 0.1880 0.1855 0.1861 Overlapping Rates:

Tulare County 0.1765 0.1765 0.1765 0.3610 0.3622
Library 0.0152 0.0152 0.0152 0.0169 0.0169
Dinuba School District 0.2728 0.2728 0.2728 0.2738 0.2738 Community College District 0.0456 0.0456 0.0456 0.0457 0.0457 Tuluare County Schools 0.0240 0.0240 0.0240 0.0241 0.0241 Alta Cemetery 0.0081 0.0081 0.0081 0.0081 0.0081
Alta Hospital District 0.0184 0.0184 0.0184 0.0185 0.0185 Delta Vector Control 0.1363 0.0136 0.0136 0.0230 0.0230 Dinuba Memorial District 0.0050 0.0050 0.0050 0.0063 0.0063 Tulare County Air Pollution District 0.0003 0.0003 0.0003 0.0003 0.0003 Tulare County Flood District 0.0020 0.0020 0.0020 0.0054 0.0054 Education Revenue Augmentation 0.0023 0.2305 0.2305 0.0000 0.0000 Dinuba School District Bonds 0.0950 0.0600 0.0614 0.0938 0.0900 Community College Bonds 0.0258 0.0181 0.0285 0.0209 0.0204 Total Direct Rate1 1.0162 1.0782 1.0900 1.0834 1.0809
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
168
Year Current Percent of
Ended Total Tax Levy
June 30 Tax Levy Collections Collected 1
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
2022 $1,696,016 $1,667,353 98.31
2023 $1,896,997 $1,890,358 99.65
2024 $2,123,220 $2,071,838 97.58
Source: Tulare County Auditor's Office

CITY OF DINUBA

PROPERTY TAX LEVIES AND COLLECTIONS

LAST TEN FISCAL YEARS
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Tax Levy Tax Collections
169

CITY OF DINUBA

RATIOS OF OUTSTANDING DEBT BY TYPE

LAST TEN FISCAL YEARS
General
Bonded Total
Fiscal Debt Financed Contracts Notes Premiums Governmental Year Outstanding Purchase Payable Payable Discounts Activities 2015 $18,265,000 $9,012,913 $50,877 $16,734 ($281,909) $27,063,615 2016 $17,590,000 $10,085,195 $0 $12,965 ($269,740) $27,418,420 2017 $17,230,000 $9,897,810 $0 $8,932 ($78,724) $27,058,018 2018 $16,425,000 $10,000,236 $0 $4,616 ($75,032) $26,354,820 2019 $15,640,000 $9,778,664 $0 $0 ($71,340) $25,347,324 2020 $14,810,000 $9,518,983 $0 $0 ($67,648) $24,261,335 2021 $13,960,000 $9,155,980 $0 $0 ($63,956) $23,052,024 2022 $13,065,000 $8,820,207 $0 $0 ($60,264) $21,824,943 2023 $12,155,000 $8,614,560 $0 $0 ($56,572) $20,712,988 2024 $11,430,000 $8,159,883 $0 $0 ($52,880) $19,537,003 Certificates Total
Fiscal Of Notes Financed Contracts Premiums Business-Type Year Participation Payable Purchase Payable Discounts Activities 2015 $10,540,000 $7,194,326 $150,758 $373,930 $0 $18,259,014 2016 $10,315,000 $6,602,194 $76,588 $292,286 $0 $17,286,068 2017 $10,085,000 $5,994,444 $0 $209,814 $45,809 $16,335,067 2018 $9,845,000 $5,365,859 $185,699 $126,516 $43,659 $15,566,733 2019 $9,605,000 $4,721,122 $344,996 $42,382 $41,509 $14,755,009 2020 $9,045,000 $4,284,949 $415,111 $0 $39,359 $13,784,419 2021 $8,518,000 $3,836,983 $716,805 $0 $37,209 $13,108,997 2022 $7,982,000 $3,194,672 $540,588 $0 $35,059 $11,752,319 2023 $7,432,000 $2,717,463 $360,093 $0 $32,909 $10,542,465 2024 $6,864,000 $2,283,434 $386,343 $0 $30,759 $9,564,536 Fiscal Primary Per
Year Government Capita 1
2015 $45,322,629 $1,891
2016 $44,704,488 $1,813
2017 $43,393,085 $1,745
2018 $41,921,553 $1,685
2019 $40,102,333 $1,583
2020 $38,045,754 $1,464
2021 $36,161,021 $1,364
2022 $33,577,262 $1,336
2023 $31,255,453 $1,227
2024 $29,101,539 $1,138
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.

Source: City of Dinuba Financial Services Division
Governmental Activities
Business-Type Activities
170
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
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
2022 $13,065,000 $1,250,648 $11,814,352 0.8% $470
2023 $12,155,000 $1,249,893 $10,905,107 0.7% $428
2024 $11,430,000 $1,168,410 $10,261,590 0.6% $401
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.

Source: City of Dinuba Financial Services Division

CITY OF DINUBA

RATIOS OF GENERAL BONDED DEBT OUTSTANDING

LAST TEN FISCAL YEARS
171
2023 - 2024 Assessed Valuation: $1,588,098,400
Redevelopment Incremental Valuation:
----------------------------------
City Adjusted Assessed Valuation $1,588,098,400

ESTIMATED

OUTSTANDING SHARE OF

DEBT OUTSTANDING
6/30/2024 % APPLICABLE 1 DEBT

OVERLAPPING TAX AND ASSESSMENT DEBT
State Center Community College District $370,425,000 1.368% $5,067,414 Dinuba Joint Unified School District 27,875,877 68.911% 19,209,546 Kings Canyon Joint Unified School District 71,367,337 1.938% 1,383,099 --------------------- ---------------------
TOTAL OVERLAPPING TAX AND ASSESSMENT DEBT 469,668,214 25,660,059 DIRECT AND OVERLAPPING GENERAL FUND DEBT:

Tulare County General Fund Obligations 37,394,094 3.428% 1,281,870 Tulare County Pension Obligation Bonds 189,585,000 3.428% 6,498,974 Tulare County Board of Education Certificates of Participation 33,080,000 3.428% 1,133,982 Dinuba Joint Unified School District Certificates of Participation 20,170,000 68.911% 13,899,349 City of Dinuba General Fund Obligations 19,537,003 100.000% 19,537,003 --------------------- ---------------------
TOTAL OVERLAPPING GENERAL FUND OBLIGATION DEBT 299,766,097 42,351,177 OVERLAPPING TAX INCREMENT DEBT (Successor Agency): 36,815,000 100.0000% 36,815,000 TOTAL DIRECT DEBT 19,537,003
TOTAL OVERLAPPING DEBT 85,289,233
COMBINED TOTAL DEBT $ 104,826,236 2
Debt Ratios:

Ratios to 2023-24 Adjusted Valuation:

Total Overlapping Tax and Assessment Debt 1.62%
Total Direct Debt ($18,975,008) 1.19%
Combined Total Debt 6.57%
Ratios to Redevelopment Increment Valuation ($995,751,49):

Total Overlapping Tax Increment Debt 3.70%
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, 2024
172
Total Assessed Valuation $1,588,098,400
Debt Limit - 15% of Total Assessed Valuation $238,214,760 Amount of Debt Applicable to the Limit 29,101,539
Legal Debt Margin $209,113,221
Total Debt
Applicable
Total Legal As A
Debt Debt Debt Percentage
Fiscal Year Limit Applicable Margin Of Debt Limit
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 $36,161,021 $157,215,994 18.7%
2022 $208,785,547 $33,577,262 $175,208,285 16.1%
2023 $225,453,265 $31,255,453 $194,197,812 13.9%
2024 $238,214,760 $29,101,539 $209,113,221 12.2%
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, 2024
173
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 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 2022 $4,755,195 $2,029,529 $2,725,666 $536,000 $290,083 $826,083 3.30 2023 $7,024,793 $2,856,891 $4,167,902 $550,000 $276,334 $826,334 5.04 2024 $5,338,169 $2,897,970 $2,440,199 $568,000 $261,043 $829,043 2.94 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)
(1.00)

0.00 1.00

2.00 3.00

4.00 5.00

6.00 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Series14
174
Fiscal Year Principal Interest Total
2025 $755,000 $389,450.00 $1,144,450
2026 $775,000 $361,962.50 $1,136,963
2027 $805,000 $331,656.25 $1,136,656
2028 $835,000 $300,193.75 $1,135,194
2029 $870,000 $268,987.50 $1,138,988
2030 $900,000 $238,087.50 $1,138,088
2031 $935,000 $206,043.75 $1,141,044
2032 $960,000 $172,931.25 $1,132,931
2033 $1,000,000 $138,675.00 $1,138,675
2034 $550,000 $111,950.00 $661,950
2035 $565,000 $93,175.00 $658,175
2036 $595,000 $73,625.00 $668,625
2037 $610,000 $53,325.00 $663,325
2038 $625,000 $32,500.00 $657,500
2039 $650,000 $10,975.00 $660,975
2040 $0 $0.00 $0
$11,430,000 $2,783,538 $14,213,538
Source: City of Dinuba Financial Services Division

CITY OF DINUBA

GENERAL BONDED INDEBTEDNESS
Lease Revenue Bonds

MATURITIES BY FISCAL YEAR
175
City Population
City Tulare County as % of Unemployment
Fiscal Year Population 1 % Change Population County Population Rate 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%
2022 25,127 -5.53% 475,014 5.29% 7.5%
2023 25,467 1.34% 475,064 5.36% 9.6%
2024 25,573 0.41% 478,918 5.34% 9.8%
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

5.00%

5.10%

5.20%

5.30%

5.40%

5.50%

5.60%
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Series8
176
Percent of Percent of
Total Total
City City
Employer Type of Business Employees Employment Rank Employees Employment Rank Ruiz Foods Products Inc. Frozen Food 1,509 41% 1 1,775 52% 1 Dinuba Public Schools Education 731 20% 2 54 2% 2
Best Buy Stores, Inc. Distribution Center 491 13% 3 407 12% 4 Wal-mart Retail Store 413 11% 4 5 0% 5
City of Dinuba Local Government 169 5% 5 159 5% 7
Patterson Dental Wholesaler 160 4% 6 108 3% 8
Superior Grocers Retail Store 92 3% 7
United Market Retail Store 48 1% 8
Ross Retail Store 45 1% 9
Tractor Supply Retail Store 18 0% 10
Family Tree Farms Produce Packing 600 18% 3
Surabian and Sons Produce/Packing 100 3% 9
Odwalla 1 Fruit Juices 167 5% 6
Kmart Retail Store 52 2% 10
3,676 100.00% 3,427 100.00%
Source: City of Dinuba and the U. S. Bureau of the Census

CITY OF DINUBA

PRINCIPAL EMPLOYERS
AS OF JUNE 30, 2024 AND 2015
Fiscal Year 2024 Fiscal Year 2015
177

CITY OF DINUBA

EMPLOYEES BY FUNCTION (FULL TIME EQUIVALENTS)

LAST TEN FISCAL YEARS
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Governmental Activities
General Government 17.0 19.1 18.5 17.4 16.5 12.7 10.0 10.0 9.0 11.0 Public Safety 94.4 99.5 112.7 101.5 87.5 95.9 90.5 85.0 86.0 87.0 Public Works 16.0 18.1 10.9 22.8 21.5 23.5 20.6 27.0 24.0 25.9 Parks and Recreation 1 13.2 17.3 13.3 23.0 21.9 23.8 22.7 39.5 58.0 48.0 Water 6.2 7.7 7.7 8.7 7.3 9.4 9.9 8.8 8.8 7.6
Sewer 5.3 5.3 5.3 6.3 5.7 7.0 7.5 6.6 6.6 4.4
Disposal 1.9 2.8 2.6 3.7 2.3 3.1 3.6 3.4 3.6 2.0
Total Government-Wide Employees 154.0 169.8 170.9 183.2 162.7 175.5 164.8 180.3 196.0 186.0 Source: City of Dinuba Budget FY 2024

0.0 50.0
100.0
150.0
200.0
250.0
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Disposal
Sewer
Water
Parks and Recreation 1
Public Works 15.7 9.4 10.4 12.5 25.9 26.2 29.3 17.3 14.3 Public Safety 61.3 62.5 65.0 67.0 51.0 55.5 56.5 60.2 63.1 76.1 78.1 78.0 81.0 79.0 81.5 81.5 84.0 General Government
178

CITY OF DINUBA

CONSTRUCTION ACTIVITY

LAST TEN CALENDAR YEARS
Calendar Total Total Number Number
Year Permits Valuation Permits Valuation Permits Valuation 2015 552 $14,559,111 2 $490,000 78 $8,286,981
2016 689 $7,134,510 2 $1,110,000 57 $5,565,450
2017 712 $15,863,961 5 $1,517,700 62 $5,777,900
2018 754 $31,539,649 1 $60,000 70 $9,485,662
2019 734 $24,624,270 2 $2,500,000 88 $13,024,036
2020 945 $46,726,003 3 $1,525,400 242 $33,023,369
2021 880 $37,467,036 2 $698,982 111 $18,212,861
2022 845 $35,992,825 4 $1,551,600 54 $18,006,180
2023 657 $20,405,783 7 $875,850 48 $8,008,000
2024 891 $1,686,816 3 $22,897 63 $555,980
Calendar Number Number
Year Permits Valuation Permits Valuation
2015 0 $0 472 $5,782,130
2016 0 $0 630 $459,060
2017 0 $0 645 $8,568,361
2018 3 $8,522,081 680 $13,471,903
2019 0 $0 644 $9,100,234
2020 0 $0 709 $12,177,264
2021 0 $0 767 $18,555,193
2022 1 $9,300,000 844 $26,692,825
2023 0 $0 602 $11,521,934
2024 0 $0 809 $1,107,939
Source: City of Dinuba Annual Building Report
Commercial and Office Residential Single
Residential Multi-Units All Other
179

GROSS VALUE

1. Milk $2,039,238,000

2. Grapes $997,141,000

3. Cattle & Calves $910,980,000

4. Oranges - Navels & Valencias $796,757,000

5. Pistachio Nuts $505,850,000

6. Almonds Meats & Hulls $387,553,000

7. Tangerines $366,120,000

8. Lemons $213,834,000

9. Nectarines $205,920,000

10. Corn - Grain & Silage $196,466,000
Total Value of the Top Ten Tulare County Crops $6,619,859,000 Total Value of All Tulare County Crops $7,866,730,100
Source: Tulare County Agricultural Commissioner news release

PRODUCT
ranching for 2023
The following list comprises the major cash crops in the county from farming and which currently ranks second in the nation in agricultural productivity.

Dinuba lies in the heart of the farming area of Tulare County, California,

TULARE COUNTY CROP STATISTICS
FOR THE CALENDAR YEAR 2023
180

CITY OF DINUBA

CAPITAL ASSETS USED

LAST TEN FISCAL YEARS
2015 2016 2017 2018 2019 2020 2021 2022 2023
Water:

Number Water Wells 888888888
Annual Production (Million Gal) 1,578 1,218 1,274 1,399 1,463 1,468 1,635 1,549 1,479 Service Connections 5,742 5,862 5,964 6,031 6,131 6,327 6,448 6,581 6,636 Police:

Stations 221111111
Sworn Officers 36 28 27 24 32 32 34 35 34
Support Personnel 11 11 13 11 11 11 11 9 11
Part-Time Support Personnel 222222210
Police Vehicles 40 38 43 46 49 37 36 40 44
Motorcycles 444445555
Fire:

Stations 111111111
Firefighters 26 26 26 26 26 26 26 24 22
Fire and Rescue Vehicles 556666666
Ambulances 556666667
Staff Vehicles 455555675
Parks and Recreation:

Parks 13 13 13 13 13 13 13 13 13
Acres of Park land 66 66 66 66 66 66 66 66 66
Acres of Open Space 56 56 56 56 56 56 56 56 56
Recreation Centers 222222222

Other:

City Land Area (Square Miles) 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 Miles of Storm Drain 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 Miles of City Streets 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
181

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 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
2022 25,127 6,581 36,600 1,799 35
2023 25,467 6,636 35,172 1,559 34
2024 25,573 6,698 35,747 1,269 37
Number of Number of Number of
Fire Ambulance Fire
Fiscal Year Calls 1 Runs Fighters
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
2022 467 5,214 24
2023 347 5,106 22
2024 421 5,467 23
1 Includes calls for fires, explosions, and hazardous conditions.

Source: City of Dinuba Financial Services Division, Fire Department, and Police Department 182

CITY OF DINUBA

GENERAL GOVERNMENTAL

EXPENDITURES BY FUNCTION
LAST TEN FISCAL YEARS 1
2015 2016 2017 2018 2019
Governmental Activities
General Government $5,345,434 $4,802,762 $7,661,240 $3,989,322 $3,647,223 Public Safety 13,275,052 13,746,235 13,897,596 12,920,443 ########## Public Works 3,334,975 3,943,500 3,752,225 6,577,677 $2,429,367 Community Development 1,641,605 1,178,906 637,522 2,350,919 $2,277,992 Parks and Recreation 1,682,401 1,824,431 2,007,951 2,127,602 $2,527,531 Debt Service 1,204,781 1,278,342 1,604,463 978,293 $1,008,877 Non-departmental - sales tax settlement 0 0 0 0$0
Total Governmental Activities Expenses $26,484,248 $26,774,176 $29,560,997 $28,944,256 ########## 2020 2021 2022 2023 2024
Governmental Activities
General Government $4,464,243 $7,635,027 $5,980,513 $7,563,541 $5,909,635 Public Safety $12,801,801 $12,899,424 $11,547,688 $10,757,166 ########## Public Works $5,116,719 $3,009,339 $2,725,438 $1,080,475 $5,320,668 Community Development $2,427,047 $2,576,069 $2,788,622 $2,048,106 $2,217,210 Parks and Recreation $2,705,703 $2,858,033 $3,048,341 $2,411,417 $2,873,292 Debt Service $1,001,611 $935,126 $1,111,140 $812,001 $846,418 Non-departmental - sales tax settlement $0 $0 $0 $9,305,652 $0 Total Governmental Activities Expenses $28,517,124 $29,913,018 $27,201,742 $33,978,358 ########## 1 Includes General, Special Revenue, Debt Service, and Capital Projects Funds.

Source: City of Dinuba Financial Services Division
183

YEAR EFFECTIVE DATE STATE RATE LOCAL RATE
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%
2022 1/1/2017 7.25% 8.50%
2023 1/1/2017 7.25% 8.50%
2024 1/1/2017 7.25% 8.50%
Source: California State Board of Equalization

CITY OF DINUBA

SALES TAX RATES

LAST TEN FISCAL YEARS
184
Taxpayer Business Type Taxpayer Business Type
Ace Hardware Bldg.Matls-Retail Ace Hardware Bldg.Matls-Retail Advanced Equipment Heavy Industry Alta Pump Company Bldg.Matls-Whsle Alta Pump Company Bldg.Matls-Whsle Arco AM/PM Mini Marts Service Stations Arco AM/PM Mini Marts Service Stations Autozone Auto Parts/Repair Bestbuy.com - EC Furniture/Appliance Best Buy Warehouse Logistics Business Services Dinuba Auto Plaza Auto Sales - Used Bestbuy.com - EC Furniture/Appliance Ed Denas Auto Center Auto Sales - New Big 5 Sporting Goods Recreation Products Elite Auto Wholesale Auto Sales - Used Dinuba Auto Plaza Auto Sales - Used Jack In The Box Restaurants Restaurants E B M Auto Sales Auto Sales - Used Jim Manning Dodge Auto Sales - New Ed Denas Auto Center Auto Sales - New Kwik Korner Service Stations Service Stations Jim Manning Dodge Auto Sales - New Kwik Serve Station Service Stations K Mart Stores Department Stores McDonald's Restaurants Restaurants McDonald's Restaurants Restaurants Panda Express Restaurants Odwalla Food Processing Eqp
Patterson Dental Supply Light Industry Patterson Dental Supply Light Industry Patterson Veterinary Supply Light Industry Patterson Medical Supply Office Equipment Quick Shop Markets Service Stations Patterson Veterinary Supply Light Industry Quick-N-Handy Mart & Deli Food Markets Quick Shop Markets Service Stations Ruiz Food Products Food Processing Eqp Quick-N-Handy Mart & Deli Food Markets Scout Specialties Light Industry Rite Aid Drug Stores Drug Stores Taco Bell Restaurants Scott Belknap Pump Company Bldg.Matls-Whsle Tractor Supply Company Miscellaneous Retail Scout Specialties Light Industry Valero Service Stations Service Stations Tractor Supply Company Miscellaneous Retail Wal Mart Stores Department Stores Valero Service Stations Service Stations Wingstop Restaurants Wal Mart Stores Department Stores
Source: MuniServices
2023-24 2014-15
AS OF JUNE 30, 2024 AND 2015

CITY OF DINUBA
TOP 25 SALES TAX GENERATORS
(in alphabetical order)
Principal Sales Tax Producers
Current Fiscal Year and Nine Years Ago
185
CDTFA NAICS SECTOR 2020 2021 2022 2023 2024
Accommodation and Food Services 344,827 395,708 422,736 442,992 477,623 Agriculture, Forestry, Fishing and Hunting 50,448 16,093 42,023 57,808 43,476 Arts, Entertainment, and Recreation 00000
Construction 3,914 2,072 388 260 352
Educational Services 11,904 13,528 22,993 28,559 26,730 Information 9,234 10,991 12,681 14,931 14,698
Manufacturing 570,701 693,227 751,296 758,866 763,164
Mining, Quarrying, and Oil and Gas Extraction 2,744 0 167 8,651 28,882 Other Services (except Public Administration) 23,189 29,998 26,197 24,941 26,699 Professional, Scientific, and Technical Services 1,434 1,209 1,646 1,504 1,560 Real Estate and Rental and Leasing 133 66 87 1,196 500
Retail Trade 18,525,816 26,313,725 21,410,654 18,806,437 17,495,173 Utilities 15,621 11,575 56,873 76,529 62,298
All Other NAICS Sectors 43,064 46,624 51,077 60,155 62,050 TOTAL 19,603,029 27,534,816 22,798,817 20,282,829 19,003,206 Source: MuniServices

CITY OF DINUBA

SALES TAX AMOUNTS IN BENCHMARK YEAR
2020-2024 CALENDAR YEARS
186
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 $15,792,079 $10,000 minumum and $25,000 maximum.
b. Comprehensive coverage, low value vehicles
under $25,000, $2,000 deductible $831,756

3. PROPERTY COVERAGE
a. Covers all owned buildings and contents at
replacement cost, including data processing
equipment and valuable papers, $5,000 deductible. $70,256,418 b. Miscellaneous Property Floater $9,089,372
c. Special Equipment. $3,904,979
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, 2024

TYPES AND DETAILS OF COVERAGE
187
City Council Staff Report
Department: CITY MANAGER'S OFFICE February 11, 2025
To: Mayor and City Council
From: Luis Patlan, City Manager
By: Maria Alaniz, City Clerk/Human Resources Director
Subject: Conference with Legal Counsel - Anticipated Litigation (LP)

RECOMMENDATION
Discuss threat of litigation, pursuant to subdivision (b) of Government Code Section 54956.9; One (1) case.

EXECUTIVE SUMMARY

OUTSTANDING ISSUES

DISCUSSION

FISCAL IMPACT

PUBLIC HEARING

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