Folsom City Council
May 23, 2023

1 Agenda
City Council Regular and Joint City Council / Redevelopment Successor Agency / Public Financing Authority / Folsom Ranch Financing Authority / South of 50 Parking Authority Meeting City Council Chambers | 50 Natoma Street, Folsom CA 95630 May 23, 2023, 6:30 PM

Welcome to Your City Council Meeting
We welcome your interest and involvement in the city’s legislative process. This agenda includes information about topics coming before the City Council and the action recommended by city staff. You can read about each topic in the staff reports, which are available on the city website and in the Office of the City Clerk. The City Clerk is also available to answer any questions you have about City Council meeting procedures.

Participation
If you would like to provide comments to the City Council, please:
 Fill out a blue speaker request form, located at the back table.  Submit the form to the City Clerk before the item begins.  When it’s your turn, the City Clerk will call your name and invite you to the podium.  Speakers have three minutes, unless the presiding officer (usually the mayor) changes that time.

Reasonable Accommodations
In compliance with the Americans with Disabilities Act, if you are a person with a disability and you need a disability-related modification or accommodation to participate in this meeting, please contact the City Clerk’s Office at (916) 461-6035, (916) 355-7328 (fax) or [email protected]. Requests must be made as early as possible and at least two full business days before the start of the meeting.

How to Watch
The City of Folsom provides three ways to watch a City Council meeting:

In Person Online On TV

City Council meetings take place at
City Hall, 50 Natoma Street
Watch the livestream and replay past
meetings on the city website,
www.folsom.ca.us
Watch live and replays of meetings on
Sac Metro Cable TV, Channel 14
More information about City Council meetings is available at the end of this agenda

2 City Council Regular and Joint City Council / Redevelopment Successor Agency / Public Financing Authority / Folsom Ranch Financing Authority / South of 50 Parking Authority Meeting

City Council Chambers | 50 Natoma Street, Folsom CA 95630 www.folsom.ca.us
Tuesday, May 23, 2023 6:30 PM

Rosario Rodriguez, Mayor

YK Chalamcherla, Vice Mayor Sarah Aquino, Councilmember Mike Kozlowski, Councilmember Anna Rohrbough, Councilmember

AGENDA

CALL TO ORDER
ROLL CALL:

Councilmembers: Kozlowski, Rohrbough, Aquino, Chalamcherla, Rodriguez The City Council has adopted a policy that no new item will begin after 10:30 p.m. Therefore, if you are here for an item that has not been heard by 10:30 p.m., you may leave, as the item will be continued to a future Council Meeting.

PLEDGE OF ALLEGIANCE

AGENDA UPDATE
BUSINESS FROM THE FLOOR:

Members of the public are entitled to address the City Council concerning any item within the Folsom City Council's s ubject matter jurisdiction. Public comments are limited to no more than three minutes. Except for certain specific exceptions, the City Council is prohibited from discussing or taking action on any item not appearing on the posted agenda.

SCHEDULED PRESENTATIONS:

1. Army Corps of Engineers / California Department of Water Resources: Presentation on the Folsom Dam Raise Project

2. City Manager's Fiscal Year 2022-23 Third Quarter Financial Report

3 CONSENT CALENDAR:

Items appearing on the Consent Calendar are considered routine and may be approved by one motion. City Councilmembers may pull an item for discussion.

3. Approval of May 9, 2023 Special and Regular Meeting Minutes

4. Resolution No. 11036 - A Resolution Authorizing the City Manager to Execute an Agreement with McGuire and Hester for the Construction of the Ashland Water Rehabilitation Project 1 and Appropriation of Funds

5. Resolution No. 11037 - A Resolution Authorizing the City Manager to Execute an Agreement with West Yost & Associates, Inc. for Construction Management and Inspection Services for the Ashland Water Rehabilitation Project 1

6. Resolution No. 11038 - A Resolution Authorizing the City Manager to Execute Non-Exclusive Agreements with Approved Licensed Contractors to Implement the Sacramento Housing and Redevelopment Agency Inter-Agency Contract for the Seniors Helping Seniors Home Repair Program
PUBLIC HEARING:

7. Resolution No. 11040 – A Resolution Adopting the City Manager’s Fiscal Year 2023-24 Operating and Capital Budgets for the City of Folsom, the Successor Agency, the Folsom Public Financing Authority, and the Folsom Ranch Public Financing Authority NEW BUSINESS:

8. Appointment of Parks and Recreation Commission At-Large Member

CONVENE JOINT MEETING
AGENDA
Joint City Council / Redevelopment Successor Agency / Public Financing Authority / Folsom Ranch Financing Authority / South of 50 Parking Authority Meeting ROLL CALL: Council / Board Members: Aquino, Chalamcherla, Kozlowski, Rohrbough, Rodriguez
CONSENT CALENDAR:

9. Approval of the March 14, 2023 Joint City Council / Redevelopment Successor Agency / Public Financing Authority / Folsom South of 50 Parking Authority / Folsom Ranch Financing Authority Meeting Minutes

10. Receive and File the City of Folsom, the Folsom Redevelopment Successor Agency, the Folsom Public Financing Authority, the Folsom Ranch Financing Authority, and the South of 50 Parking Authority Monthly Investment Reports for the Month of March 2023

ADJOURNMENT

RECONVENE CITY COUNCIL MEETING
COUNCIL REQUESTS FOR FUTURE AGENDA ITEMS:

CITY MANAGER REPORTS:

COUNCIL COMMENTS:

ADJOURNMENT

4 NOTICE: Members of the public are entitled to directly address the City Council concerning any item that is described in the notice of this meeting, before or during consideration of that item. If you wish to address Council on an issue, which is on this agenda, please complete a blue speaker request card, and deliver it to a staff member at the table on the left side of the Council Chambers prior to discussion of the item. When your name is called, stand to be recognized by the Mayor and then proceed to the podium. If you wish to address the City Council on any other item of interest to the public, when the Mayor asks if there is any “Business from the Floor,” follow the same procedure described above. Please limit your comments to three minutes or less.

NOTICE REGARDING CHALLENGES TO DECISIONS: Pursuant to all applicable laws and regulations, including without limitation, California Government Code Section 65009 and or California Public Resources Code Section 21177, if you wish to challenge in court any of the above decisions (regarding planning, zoning and/or environmental decisions), you may be limited to raising only those issues you or someone else raised at the public hearing(s) described in this notice/agenda, or in written correspondence delivered to the City at, or prior to, the public hearing.

As presiding officer, the Mayor has the authority to preserve order at all City Council meetings, to remove or cause the removal of any person from any such meeting for disorderly conduct, or for making personal, impertinent, or slanderous remarks, using profanity, or becoming boisterous, threatening or personally abusive while addressing said Council, and to enforce the rules of the Council.

PERSONS INTERESTED IN PROPOSING AN ITEM FOR THE CITY COUNCIL AGENDA S HOULD CONTACT A MEMBER OF THE CITY COUNCIL.

The meeting of the Folsom City Council is being telecast on Metro Cable TV, Channel 14, the Government Affairs Channel, and will be shown in its entirety on the Friday and Saturday following the meeting, both at 9 a.m. The City does not control scheduling of this telecast and persons interested in watching the televised meeting should confirm this schedule with Metro Cable TV, Channel 14. The City of Folsom provides live and archived webcasts of regular City Coun cil meetings. The webcasts can be found on the online services page of the City's website www.folsom.ca.us.

In compliance with the Americans with Disabilities Act, if you are a person with a disability and you need a disability-related modification or accommodation to participate in this meeting, please contact the City Clerk’s Office at (916) 461-6035, (916) 355-7328 (fax) or [email protected]. Requests must be made as early as possible and at least two full business days before the start of the meeting.

Any documents produced by the City and distributed to the City Council regarding any item on this agenda will be made available at the City Clerk’s Counter at City Hall located at 50 Natoma Street, Folsom, California and at the Folsom Public Librar y located at 411 Stafford Street, Folsom, California during normal business hours.

*'{3LFt{lpr
Folsom City Council
Staff rt

BACKGROUND / ISSUE
Staff from the Army Corps of Engineers will be presenting a project overview of the Folsom Dam Raise Project, which will raise the height of all earthen dams around Folsom Lake by 3 feet, 6 inches. The presentation will include a project overview and schedule.

Submitted,
Mark Rackovan, PUBLIC WORKS DIRECTOR
I
MEETING DATE: s12312023
AGENDA SECTION: S cheduled Presentations
SUBJECT: Army Corps of Engineers / California Department of Water Resources: Presentation on the Folsom Dam Raise Project FROM: Public Works Department

05/23/2023 Item No.1.

This page intenti,ono'Ily left blank
to focilitote double-sided printing '

CITY OF
FOLsol\f
DISTITCTIVE BY NA?URE

05/23/2023 Item No.1.
i'I:i i,i{ i i;'l'i
!: .t:;, <-ii:a 91 t.1-11 !!
Folsom City Council
Staff Re rt

RECOMMENDATION / CITY COUNCIL ACTION
It is recommended that the City Council receive and file the City Manager's Fiscal Year 2022- 23 Third Quarter Financial Report.

BACKGRO / ISSI]E
Section 5.05R of the Charter of the City of Folsom requires the City Manager submit to the City Council a financial and management report showing the relationship between budgeted and actual revenues, and expenditures and encumbrances on a quarterly basis.

The Financial Report for the third quarter of Fiscal Year (FY) 2022-23 is an analysis of the unaudited financial status of the CrW's major funds, covering the nine-monthperiod from July 2022 tluough March 2023. Please refer to the Appendices of the report for detailed schedules of the City's key funds for the period ended March 31,2023.

POLICY / RULE
Section 5.05R of the Charter of the City of Folsom requires the City Manager submit to the City Council a financial and management report showing the relationship between budgeted and actual revenues, and expenditures and encumbrances on a quarterly basis.

Section 3.02.050 (b) of the Folsom Municipal Code states ".... within 30 days after the end of each quarter during the fiscal year, and more often if required by the City Council, the City Manager shall submit to the City Council a financial and management report." 1 MEETING DATE: s12312023
AGENDA SECTION: Scheduled Presentations
SUBJECT: City Manager's Fiscal Year 2022-23 Third Quarter Financial Report
F'ROM: Finance Department

05/23/2023 Item No.2.

ANALYSIS
Economic Update:

As of March 2023, unemployment was 4.8%o and 4.5o/o in California and Sacramento County respectively and in Folsom, the unemployment rate was 3.3%. As a comparison, in March 20t2,the unemployment rates were 4.3o/o inCalifornia, 4.0% in Sacramento County and2.7o/o in Folsom. A comparison of home sales during the third quarter of FY 2022-23 and FY 2021- 22 shows the number of homes sold decreased by 170 or 26.94%. The average median sales price through the third quarter of FY 2022-23 was $733,611 which is a decrease of 2.69oh when compared to FY 202I-22. The-deuease in the number of home sales is most likely due to increasing interest rates.

General Fund:

The General Fund is currently projected to end the 2022-23 Fiscal Year with an operating deficit of $595k, resulting in an unassigned fund balance of $22.67 million. As a compatison, the unassigned fund balance in FY 2021-22was$23.26 million. The unassigned fund balance u, a pet""trtage of expenditures is proj ected at 20 .68% for FY 2022-23 and for FY 202I -22, it was-23.69Yo. The unassigned fund balance as a percentage of expenditures is expected to continue to decline as costs continue to increase.

Fiscal Year 2022-23 totalprojected revenues of $109.00 million is an increase of $5.38 million, or 5.19o/o over the prior fiscal year, and a projected increase of $3.19 million, or 3.01olo over FY 2022-23 budgeted revenues of $105.81 million. The increase is seen mostly in charges for services, discussed in more detail below, and intergovemmental revenues related to ARPA tunding.

Property tax received through the third quarter of the fiscal year was $18.44 million. The current projection is for property tax to end the fiscal year $734,000, or 2.0Yo ovetthe budgeted amouniof $36.05 million, for a total of $36.78 million. Compared to the prior fiscal year this would be an increase of $3.56 million or l}.7lYo.

Sales tax is projected to end the fiscal year at$28.38 million, an increase of $482,000 over the budgeted amount of $27.90 million. When compared to FY 2021-22 total sales tax revenues of $27.90 million, sales tax is projected to increase by only 1.73% year over year.

Through the third quarter, charges for services were $11.43 million and the current projection for the end of FY 2022-23 is $14.75 million. The projection of $14.75 million is an increase from the $13.16 million budgeted, but a decrease from the $15.84 million received in the prior year. The increase over the budgeted amount is mostly related to better-than-expected Parks and Recreation revenues and development charges. Parks and Recreation charges are projected at $4.85 million which is $1.2 million higher than the budgeted amount of $3.63 million and an increase of $393,000 from the $4.45 million received in FY 2021-22. Development charges are projected to be up $1.01 million over the budgeted amount due to a fgw large development projects in the Folsom Plan Area being processed sooner than anticipated. However, increased 2 Page 8
05/23/2023 Item No.2.
development charges are passed through for contracted services in the Folsom Plan Area.

Development charges are projected to decrease by $613,000 when compared to the prior year.

Total charges in Police and Fire are projected at $601,000 and $4.96 million respectively.

Compared to the prior year, Public Safety charges are projected to decrease by approximately $279,000 mainly due to reduced reimbursements from CalOES.

Fiscal Year 2022-23 total projected General Fund expenditures are $109.6 million, $3.78 million (3.5S%) more than the appropriated amount of $105.81 million. The projected expenditure total includes year over year increases in salary and benefit costs primarily related to MOU changes and Fire Department overtime costs. This increase in salary and benefits is offset by savings due to many vacant positions this fiscal year, city-wide, causing the year end projection for salary and benefits to be less than the budgeted amount by $1.4 million. bplrations and Maintenance costs (O&M) are projected to exceed the budgeted amount by

56.27 million. This increase is seen in contracts, primarily in the Community Development Department ($2.45 million) and is mostly due to contract services related to the processing of permits and inspections of new development mostly in the Folsom Plan Area. The increase is ulro ...n in services and supplies in Fire, Police, Parks and Recreation and Management and Budget. The O&M costs also include approximately $1.1 million that has been funded by the American Rescue Plan Act (ARPA). The O&M costs in Parks and Recreation are also offset by increased program revenues. The Parks and Recreation increase is offset by increased program revenues.

Utility Enterprise Funds:

All three Utility Operating Funds are projected to end the fiscal year with operating revenues exceeding operating expenses. After capital expenses are included and comparing to Fiscal Year 2021-22 the unrestricted net assets are projected to increase in Water by approximately $85,000, decrease in Solid Waste by approximately $4.26 million and in Wastewater unrestricted net assets is projected to decrease by $1.03 million. In the case of Water and Wastewater, the capital outlay is for capital projects and in Solid Waste, it is the purchase of replacement vehicles.

A year over year comparison of the fiscal year-end projection of expenses and revenues in the combined operating and capital funds shows charges for service revenues in Water are currently projected to increase by $1.46 million (8.17%) and operating expenses are projected to increase by $2.36 million (18.12%). The increase in operating expenses is mostly seen in salaries and benefits, contracts, and utilities. Wastewater Operating charges for services revenues are projected to increase by $2.6 million (30.78%) and operating expenses are projected to increase by $715,000 (15.32%). The increase in expenses in Wastewater is seen mostly in salaries and benefits. Solid Waste Operating charges for services revenues are projected to increase by $6.06 million (30.76%) and operating expenses are projected to in"r"as" by $3.44 million (23.33%). Increases in expenses are mainly due to employee costs, contracts and supply costs and the increase in the projected revenues is due to the recent increase in service rates. The increase in expenses and revenues in Solid Waste are both directly attributable to the state regulations regarding food waste and the change in recyclables.

J

05/23/2023 Item No.2.

Submitted,
U/-A*
Elaine Andersen
City Manager
Tamagni
Finance Director/CFO
4

05/23/2023 Item No.2.

I.()LS()n{

CITY OF
Dt!rTtrcTlvg lY ilATunS
City of Folsom
Quarterly Financial RePort
Fiscal Year 2022-23 Third Quarter
May 23,2023
Prepared by the Office of Management and Budget
Financial Analysis and Reporting Division

05/23/2023 Item No.2.

Table of Contents
Section
Introduction............

Executive Summary.......

Financial Results
a) General Fund
b) Enterprise Funds
c) Other Funds.........

City Housing Fund
Risk Management.

Lighting and Landscape Districts ..........

Plan Area Impact Fees........

Appendix
Combined General Fund Revenue & Expenditure Statement........

General Fund Departmental Expenditure Summary
Page No.
1 1
2 5
7 7
7 7
7 8
9 Housing Fund Revenue & Expenditure Statement
Lighting and Landscaping District Statement
Water Fund Revenue & Expense Statement
Wastewater Fund Revenue & Expense Statement....

Solid Waste Fund Revenue & Expense Statement
10 11
t4
15 t6

05/23/2023 Item No.2.

Third Quarter Financial Report
Fiscal Year 2022-23 F'(Dn..S(}}d
Introduction
This financial report provides an overview ofthe City's unaudited financial positionthroughthe third quarter offiscal year (Fl) ZOZZil lfuty t, 2}22,tfuoughMarch 37,2023) for (1) the General Fund, (2) Housing Special Revenue Fund and L&LDistricts, (3) the major enterprise operating funds, and (4) the Risk Management Intemal Service Fund. Notable cumulative third quarter to third quarter and budget to actual comparisons are included in this report in addition to year- end projections.

Executive Summary
COVID-19 restrictions are now a thing of the past, and inflation continues, but it's now in a period of disinflation (declining inflation). Unemployment is still low; however, household debt has begun to rise. Supply chain issues have begun to ease, but higher costs are continuing to affect most purchases made by all City departments.

This is resulting in current projected year-end General Fund,revenues of $109 million and projected expenditures of $109.59 million-, a deficit of $SSS,OOO by the end of the fiscal year. It is projected that the General Fund's unassigned fund balance will decrease from 523.26 million to$22.67 million by the fiscal year end. Below is a chart of the unassigned fund balance over the last ten years and displays the projected change from FY 2021-22toFY 2022-23.

Unassigned General Fund Balance

30.00%$30,000,000
$28,000,000
$26,000,000
$24,000,000
$22,000,000
$20,000,000
$18,000,000
$16,000,000
$14,000,000
$12,000,000
$10,000,000
$8,000,000
$6,000,000
$4,000,000
$2,000,000
$-

25.00o/o

20.00%

15.00%

10.00%

5.00%

0.00o/o
FY14
Actual
FY15
Actual
FY16
Actual
FY17
Actual
FY18
Actual
FY19
Actual
FY20
Aclual
FY21
Actual
FY22
Actual
FY23
Projected
$23,260,484 $22,665,23.69Vo

20.680/o$19,200,703

21.38o/o
$13,776,114
14,44o/o$10,950,323
14,73Vo
$15,529,576
19,900h $15,699,123
18,44Vo
s8,157,227
ll.54o/o$6,630,937
9,54o/o
$17,397,043

20.09Yo
1

05/23/2023 Item No.2.

General Fund: Operating Revenues
The following table includes cumulative revenue comparisons through the third quar:ter ofFY 2021-22 andFY 2022-23 and a revenue budget comparison for FY 2022-23 with year-end projections.

Property Tax
Sales Tax
Transient Occupancy Tax
Charges for Services
License, Permits & VLF
In
All Other
Subtotal Rerenue
ARPA
Total Rerrcnue
FY22-23 Acttal
NIar.3l,2023
$ 18,441,933 $
t6,238,775
1,186,429
11,432,884

6.7'71,228
3,825,369
FY2l-22 Actual
Mar.31,2022
s t6,249,998
15,921,650
1,368,35 1
11,8M,469
7,193,281
4,214,980
2,024,959 2,6 t3.797
FY2223
Bu@et
36,050,672
27,900,289
2,200,000
13,158,197
13,18r,748
7,805,245
3,713,436
w2223
Projected
s 36,784,3s4
28,382,275
2,200,000
14,749,901
t4,394,710
6,557,742
4,128,948
Over/Under
Budget
s 733,682
481,986
1,591,704
1,212p62
(1,247,503)
415,5t2
o/o of
Budget
102%
t02%
t00%
112%
109o/o
84%
nt%
$ 58,817,688
559,114
$ 60,510,415
1,801,757
$ 104,009,587
t,801,757
$ 107,197,930
1,801,757
$ 3,188,343 103.07%
$ t72 $ I $
General Fund operating revenues through the third quarter arc $62.31million, which is 4.94o/o greater than the same period infy Z02t-22. Revenues are at 58.89Vo ofthe budget through the third quarter of the current year, primarily due io the timing associated with receiving some of the larger revenue sources. For instance, property tax is the largest General Fund revenue source, but funding is received in two installments, of which one has been received. The second installment will be received during the fourth quarter of the fiscal year.

The following is an explanation of the notable variances:
. property tax revenues exceeded last year's cumulative third quarter by 13.49% or $2.19 million. A comparison of home sales during the third quarter of FY 2022-23 and FY 2021-22 shows the number of homes sold decreased by I10 or 26.940/o. The average median sales price through the third quarter of FY 2022-23 was 5733 ,611, which is a decrease of 2.69Yo compared to FY 2021-22. The property tax revenue projection for Fiscal Year 2022-23 year-end is $734,000 greater than the budgeted amount of $36.05 million, which would exceed the prior year by $3'59 million ot l0'7loh'
. Sales tax revenues also exceeded last year's cumulative third quarter by 1.99% or $317,000. The most recent sales tax data shows the categories of general retail, food products, transportation and the countywide pool decreasing over the satn" pe.iod the prior year, all other categories were flat or decreased when compared to the same quarter in the prior year. Inflation is the biggest factor in the increased sales tax, most significantly affecting t-he cost of gasoline and food. The threat of a recession is looming as the Federal Reserve continues to raise interest rates in an effort to get inflation under control. . Based on the latest sales tax forecast, sales tax is trending to end the year slightly above the budget at $28.38 million, an increase from the prior year of $482,000 or l.73Vo. Below is a graph showing sales tax revenue for the current fiscal year and the past five fiscal years. This illustrates the dips and rises shallowing and leveling off.
2

05/23/2023 Item No.2.

Sales Tax
300000,000
200000,000
15,000,000
10,000,000
5,oo0,0oo
25'000'000 SZZZ74,gZT
Actual
FY18
$25,359,293
Actual
FY19
Actual
F r20
$25,846,985
Actual
F'Y21
Actual
FYZ2
Budget
FY23
Projection
F'Y23
. Transient Occupancy Tax (TOT) collections are at $ 1 . 12 million through the third quarter and are proj ected to end the fiscal year at $2.20 million, a decrease of $398,000, or 75.32Yo when compared to the FY 2021-22 amount. Hotei stays in FY 2027-22 werc impacted favorably due to stays related to the Caldor Fire. The decrease projectedfor FY 2022-23 puts TOT collections more in line with a normal year. . Charges for services, including building and engineering fees, Parks and Recreation user fees, and ambulance fees are at $11.43 million through the third quarter and are projected to end the fiscal year at $14'75 million.

The current projection is $1.09 million less than the prior year amount of $15.84 million. The Parks and Recreation .ir*g.r through the third quarter were $3.37 million and a comparison to the same quarter in the priorfiscalyear-shows-in...ur"of$508,000. Ambulancefeesthroughthethirdquartgrwere$3'45million and compared to the prior fiscal year this is an increase of $629,000 or 22.31%o. The projection for ambulance fees at fiscal year-enA ir $+.Og million, which will be an increase from the prior year of $453,000 or l0'77Yo.

Community Iievelopment charges are at $3.02 million through the third quarter and are currently projected to end the fisial year ui $9.: g million. Compared to the prior fiscal year this would be a decrease of $613,000 or

15.37%. The projected decrease in Community Development charges is due to a decrease in engineering activity, mostly in the Folsom Plan Are4 through the third quarter. . License and permit fees and Vehicle License Fees (WF) quarter to quarter increased $300,000 and are projected to end the fiscal year at 512.93 million which would be an increase of $140,000 compared to the budget and an increase of $349,000 when compared to the prior year. . Miscellaneous revenues increased 8.45% or $49,000, through the third quarter when compared to the same period in the prior fiscal year.

General Fund: Department Operating Expenditures
The following table includes cumulative third quarter actual expenditure comparisons for FY 2021-22 and FY 2022-23 and an expenditure budget-to-actual comparison for FY 2022-23.

J

05/23/2023 Item No.2.

FY2l-22 Lcnlal
N[al..31,2022
$ 30,793,804
19,672,941
17,378A92
1,195,832
Ff 22-23 Actual
Tvlarr.31r2023
$ 32,28s,515
20,825,847
21,907,532
2,901,874
Ft22-23
Budget
$ 44,237,n0
29,507,023
26,3M,887
5,472,931
Fy22-23
Projected
$ 43,871,446
28,477,043
32,576,099
4,316,475
Ortr/Under
Budget
$ (365,664)
(1,029,980)
6,271,272
(1,096,456)
Salaries
o&M
Capital Outlay
Debt Service
o/o of
Bu@et

99.2%
t23.8%

79.7%
10l.lo/o
Overall, cumulative third quarter General Fund expenditures increas ed 72.56yo compared to the third quarter of the prior year and are coming inatil.gl%percent of the budget through the third quarter of FY 2022-23. This is in part due to ih. ir,r.e*", from the new labor MOu. that were adopted by the City during the current fiscal year. The projection for the end of the fiscal year is for expenditures to be at $tOq.sq million which would be $3.78 million more than the budgeted amount o, iOZ.AW of budget. The projected increase in expenditures is primarily due to increases in salary and benefits, services and supplies, and contract costs.

The table below shows a comparison for FY 2021-22 and FY 2022-23 for each General Fund Department' The following is an explanation of the department specific variances of year-end projections as compared to the budget:
. police Department is projected to end the yem under budget by $i.06 million due to vacant positions for a portion ofthe year.
. Fire Department is projected to end the fiscal year $1.98 million (71%) over the budgeted amount, which is mainly ieen in uefiicle maintenance and overtime costs due to implementation of new MOU agreement.

Overtime costs have been impacted by many vacant positions and many due to retirements' Vehicle maintenance costs are up due to both inflation and the nature of maintaining aging equipment. . Community Development Department is projected to end the fiscal year $2.28 million (35.8%) over the budgeted amount, which is rnostly due to increases in contract costs that are partially offset by increased revenues.
. parks and Recreation Department is projected to end the fiscal year $1.61 million over budget. $785,000 of that is related to costs in the Facilities division for the emergency repair of the roofs at the Sports Complex and 405 Natoma Station. Although these expenditures are included in the year-end projection for Parks and Recreation, the budget for these projects is in the Non-Departmental contingency line item. In the chart above, Non-Departmental ihows a projection to end the year under budget - due to the roof expenditures being accourted for in parks and Recreation. These two budget variances must be netted together to see the full 4 YY2l-22 Lctual
Nlarr.31,2022
Crneral Covemment $ 6,290,391
Police 17,954,661
Fire 17,879,688
Community Development 5,35q856
Parks &Recreation 11,098,354
Library \n6,043
Public Works 5,626,462
X"f 22-23 Actual
lvbr,3l,2023
$ 7,W,572
19,614,491
19,895,&l
6,390,581
12,472,943
1,433,689
6,204,518
w22-23
Bu@et
s 9,823,314
27,476,2M
25,777,872
6,362,031
16,945,433
2013,963
8,696,661
YY22-23
Projected
$ 9,736,114
26,417,566
27,761,442
8,639,286
18,555,683
2053,203
8,45&940
Orer/Under
Budget
$ (87,200)
(1,058,638)
1,983,570
2,n7,255
1,610,250
39,240
Q37;72t)
I
l0
7l727artmental 9l.sYo
oh of
Bu@et

99.1%

96.r%
107.7%

05/23/2023 Item No.2.
effect ofthe contingency budget being used for the roofprojects. The remaining Parks and Recreation variance from budget is in the zoo, aquatics center and sports programs and is offset by increased revenue.

Enterprise Funds:

Water Fund
The Water Fund is reported on a combined basis and includes the following funds: Water Impact, Water Operating, Water Capital, and Water Meters.

The table below includes cumulative third quarter actual revenue and expense comparisons for FY 2021-22 and FY 2022-23 and a budget to actual comparison for FY 2022-23 for the Water Operating Fund.

The Water Fund is projected to end the year with program revenues of $19.33 million. Total operating expenses, including transfers out aie projected to end the year at $15.37 million, or 94.5Yo of budget. This reduction from budgeted amountJis mostly due to sivings due to vacant positions for part of the fiscal year. Total expenditures for capital projects are estimated to be $4.18 million at year-end. The fund will end the year with projected working capital of $22.40 million.

Wastewater tr'und
The Wastewater Fund is reported on a combined basis and includes the Wastewater and Wastewater Capital Funds 5 Revenues $ 12,036,043 $ 13,143,310 g 19,229,500 $ 19,327,500 $ 98,000 100.5% Capital E>penses 94.04o/o
$
$

97.9%
101.6%

89.1%

96.0o/o

0.0o/o

94.54%
Salaries
Benefits
Operating Erpenses
Transfers Out
Debt Service
$ 16,253,609
$ 4,446,166
$ 15,366,609
$ 4,181,166
(887,000)
(265,000)
$ 9,689,451
$ 2,630,113
$ 8,481,239
$ 1,784,082
Yo of
Bu@et
Fv22-23
Budget
3,420,072
2,3U,631
7,346,518
1,256,566
1,945,922
YY22-23
Projected
Orrcr/(hder
Buftet
(71,000)
37,000
(803,000)
(50,000)
FY22-23 Actual
l{ar.31,2023
2,462,160
1,757,820
4,783,468
677,211

8.792
FYZI-22 Actual
Nlair.31,2022
2,n3,681
\42,657
3,901,036
676,248

7.623
3,349,072
2,421,631
6,543,518
1,206,566

05/23/2023 Item No.2.

ProgramRevenues S 7,178,758 $ 9480,429 $ 10,985,200 $ 11,267,200 $ 282,000 lA57% t12.93%Elpenses

86.34%$
$
Service

95.06%

99.14%

66.22%
$ 6,229,086
s 4,067,671
$ 5,378,086
$ 4,593,671
(851,000)
526,000
$ 3,884,355
$ 1,837,396
s 3,505,247
$ 1,021,131
w2243
ProJected
1,769,036
1,376,5n
1,464,380
768,1.43
Orrcr/{hder
Budget
(92,000)
(12,000)
Q47,000)
o/o of
Budget
YY22-23
Bu&et
1,961,036
1,388,5n
2,211,380
768,143
IY2243 Actual
lvlar.3l,2023
1,308,166
995,714
l,036,999
543,476
YI2l-22 Actual
\tur.3102022
1,239,953
936,198
813,630
516,566
Salaries
Benefits
Operating E:penses
Transfers Out
The Wastewater Fund is projected to end the year with program revenues of $11.28 million. Total operating expenses, including transfers out, ari projected to end the yeat at$5.38 million, or 86.3Yo of budget. This reduction from budgeted amount;s mostly due to vacant positions for part of the fiscal year. Total expenditures for capital projects are estimated to be $4.59 million at year-end. The fund will end the year with projected working capital of $19.83 million.

Solid Waste Fund
The Solid Waste Fund is reported on a combined basis and includes the Solid Waste Operating, Solid Waste Capital, and Solid Waste Plan Area Capital.

The Solid Waste Fund is projected to end the year with program revenues of $25.77 million. Total operating expenses, includingtransfersout,ariprojectedtoendtheyearat$18.17million, orgS.S%oofbudget.Thisreductionfrombudgeted amountslis mostly due to savings due to vacant positions for part of the fiscal year. Total expenditures for capital outlay costs are estimated to be $8.51hillion at year-end. The fund will end the year with projected working capital of $9.40 million.
6 $ 15,689,748 $ 19,135,932 $ 20,545,000 s 25,766,000 $ 5,221'000 Capital E>penses 83.3%
Service
o/o of
Bu@et
ProgramRevenues
Salaries
r00.0%

0.V/o

98.5o/o$ 18,171,169
$ 8,508,588
$ (282,000)
$ (1,708,01l)
$ 13,178,686
$ 801,803
$ 18,453,169
$ 10,216,599
$ 10,804,938
$ 799,49s
FV22a3
ProJectod
3,925,98s
3,134,766
9,387,223
L7n,l95
Owr/Under
BuQet
(250,000)
(49,000)
17,000
w22.'3
Budget
4,175,985
3,193,766
9,370,223
1,723,195
YY2l-22 ltctual
lvIar,3l,2022
2,569,996
2,109,863
4,873,541
1,251,638
F"Y22-23 Actual
lvl'r.31,2023
2,941,451
2,327,s86
6,680,799
1,228,850
Operating E>penses
Transfers Out
ll'til'i1,.II1,' I 1.;,l 1:rii
l: .i.;'1.)...'.'.'i^
r!! l.!;.:r '!,rr.:'i ,i,

05/23/2023 Item No.2.

Other Funds
City Housing Fund
The City Housing Fund as of March 3I,2023 had a cash balance of $9,762,404. The City Council has previously upp.ou"i housing-project loans in an amount up to $3.5 million for the Scholar Way project of which $2.75 million has now been expended.

Risk Management Internal Service Fund
The Risk Management Fund captures the activity associated with employee and retiree health, dental and vision insurance, workers' compensation, and liability insurance expense.

As of March 37,2023,the City has paid $5.39 million for health, vision, and dental insurance for active employees and $3.32 million for retired employees and $1.94 million for workers' compensation. Liability insurance payments were $2.44 million. The total expenditures for FY 2022-23 are projected at $20.59 million, which is an increase from the prior fiscal year of $1.16 million which is mostly seen in health insurance, workers compensation, and liability costs' The projected ending unrestricted net position is $3.74 million, a planned $1.58 million decrease from FY 2027-22.

Ligh and Landscape Funds
There are 30 Lighting and Landscape (L&L) Districts in the City of Folsom. Each District has its own budget and maintenance requirements to maintain various assets ranging from shrub beds, mini parks, walls, fences, monument signs, streetlighis, bollards, landscape lighting, inigation systems, artwork, a waterfall, walkways/trails, open space, trees, and electrical services.

Below is a summary list of the main projects or activities that occurred in our L&L Districts during January, February, andMarch2023:

Other activities that have taken place in the L&L's this quarter include:

Extensive clean up and repair from recent storms.

Appointed new committee members to the Landscaping and Lighting District Advisory Committee Plan Area Impact Fees
Total plan Area Impact Fees received through the third quarter of FY 2022-23 were $9.03 million. Expenditures during the third quarter totaled approximately $2.59 million in all Plan Area Impact Fee funds. Expenditures were for Fire Station 34 construction, payments for one Type 3 Fire Engine and one Type 1 Fire Engine, Prospector Park construction, and design costs for the Folsom Plan Area Trails project' a
a
7 District Project Date Cost
Blue Ravine Oaks Tree replacements 3/23/2023 s7,583.62
Prairie Oaks Ranch Tree removal / replacement /wall repair 3/r0/2023 $3,662.26 Briqgs Ranch Fence replacement 2/2812023 $10,r94.75
Broadstone lo2&4 Downed tree removal 3/U2023 $5,031.00

05/23/2023 Item No.2.

APPENDIX A
City of Folsom, California
Combined General Fund
Revenue and Expense Statemeirt
Quarter Ended Mwch 31, 2023

REVENUESI
Tues:

Prcpefty
Sales Aad Uso
Tresient Occupilcy
Real Prcperty Trms&r
Fmchise Fees
Other
Licenses And Pemits
Intergovemental
Charges For Curent Sepices
Finer And ForGiturcs
Interest
Misellmeous
Openting Tms€B In

TOTALREVENUES
EX}ENDITURES:

Curent Operating:

Genenl Govement
Public Safety
Public W1}6 md Feiliti€s
Comuity Senices
Culture md Recreation
Notr"Dopattmedal
Operating TrusfeN Out

TOTAL IXPENDITURES

APPROPRIATION OF FUND BALANCE
rUND BALANCE, JULY I

FUNDBALANCE

NONSPENDABLE FUND BALANCE

RESTRICTED FUND BALANCE

COMMITTED I'UND BALANCE
ASSIGI\IED FUND BALANCE

UNRESTRICTED FUND BALANCE
FY 2022
As of
FY 2023
As of
3t3u2022
Fy 2023
BUDGET
F\ 2022
FY23 Forec6t
As of

VARTANCE
FoE6t vs Budcai

VARIANCE
Acutal vs Budget
%
16249,998
15,921,6s0
1,368,351
570,054
684,510
3,t2t,916
4,630t79
11,844169
88,356
98931
583,106
4,214980
59,376,802
E,960,028
3s,672,403
5,626,462
5,359,856
9,866J0s
4,051,919
-e'9.il3-(t0,160,572)
2t,469427
(310,673)
(5s9,776)
$ r0y'38,406
18,441,933
16,238,775
1,186,429
641,565
3,224
592,3t3
3,098,550
5,474,435
I 1,432,884
53,113
690,556
632,364
33,225Asr $
27,900,719
2,597,96A
t,0s7,752
894,911
t,293,451
4,U0,877
10,043,165
15,843,596
133,009
(951,314)
795,580
36,050,672 $
27,9002E9
2,200,0a0
900,000
722,000
I,100,000
3,975,850
11,007,655
13,158,197
120,500
230,000
640,936
36,184,354
28,382,n5
2,200,000
1,000,000
831,005
1,201,000
3,934350
t2,262,|1
14,749,901
tt6,045
300,062
680 836
100,000
109,005
101,000
(41,500)
t,254,462
t,591,704
(445s)
10,062
39,900
$ (17508,739)
(rr,661,514)
(r,013,571)
(258J35)
(118,776)
(507,68?)
! (8?7,300)
(5,533,2r9)
(r,725,3t3\
(66,721)
460,556
(8,572)
$ 4,139,286
r3J51,750
2,492,t4!
(28,550)
3,927J11
3,459,138
$ 131,682
481,986 102%
5t%
580/0
540/o
00/.
540/o
78%
50%
870h
45%
300%
99%
49%
59%
700/o
14%
7t%
t00%
14%
60%
14%
ll
$ 9,856322
39,350,110
6,204,518
6,390,581
ll,2llB03
5,256,721
s 12,364,899
50,188,688
7,543957
8,014,879
t3,878J28
6,180,0?3
5,44s$23
(660,465)
_Lw-
l05,8ll,3il4
t3,995,607
52,901,860
E,696,661
6,362,031
t5,139,319
8,715,865
105,81 1344
(0)
26,919,048
_&ry-
(222,34e)
14,569J07
53,857,792
8,458,940
8,639286
16,096,809
1,97222r
(594,769\
(660165)
573,800
o<{ o?,
(231,72r)
2,277255
957,490
(743,644)
1020/.
970/o
t36%
l060/o
9t%
103.6%
Q22,349)
-9 26,9W2_
8

05/23/2023 Item No.2.

APPEi\DIX B
City of Folsom, California
Expenditure Summary - General Fund Deparknents
Quarter Ended March 31,2023
FY 2022
As of
3/3v2022
FY 2023
As of
3/3tD023
FY23 Forecast
As of
3/31/2023

VARIANCE
Forecast vs Budget

VARIANCE
Actual vs. BudgetFv 2023
BUDGET
I 10,438
t,186,7s2
687,2s7
5,8s6,284
t,t85,232
797,351
27,476,204
25,777,872
6,362,031
t6,945,433
2,013,963
8,696,661
FY 2022
ACTUAL $ %
EXPENDITURES:

City Coucil
City Mmager
City Clerk
Offce of Mgrnt & Budget
city Attomey
Hmm Resouces
Police
Fire
Colmuity Development
Paks & Reqeation
Library
Public Works
Other
Non Departnental
Opaating Trasfers Out
TOTAL EXPENDITURES:
79,063
855,075
44s,slg
3,717,337
73s,706
457,691
17,954,661
17,879,688
s,359,856
I 1,098,354
1,276"043
5,626,462
8r,24t
880,002
s32,883
4,077,234
963,474
466,738
19,6t4,491
19,89s,641
6,390,581
t2,472,943
1,433,689
6,204,518
112,377
l, I66,5s0
591,3 10
4,955,276
1,095,211
602,453
24,67s,398
25,745,729
8,014,879
15,724,496
1,7s3,5t5
7,s43,957
109,438
t,222,752
705,0s7
5,7t9,284
1,277,232
702,351
26,4t7,566
27,761,442
8,639,286
18,555,683
2,053,203
8,458,940
(r,000)
35,000
17,800
(137,000)
92,000
(95,000)
(r,058,638)
1,983,s70
2,277,zss
1,610,250
39,240
(237,7ZL)

99.O9%
103.03o/o
102j9%

97.560/o
107.760/o

88.09%

96.1s%
107.690/,
135.79yo
109.59%
t0t.95%

97.27%
(z9,re7)
(306,7s0)
(ts4,374)
(1,779,050)
Q2r,758)
(330,6r3)
(7,86r,713)
(5,882,231)
28,s50
(4,472,491)
(s80,274)
(2,492,143)
$ $ $ $ $ $ 74o/o
74%
78%
7004
81%
s9%
7I%
77%
to0%
74o/o
7t%
Ttyo
4,051,919 5,256,727 6,180,073 8,715,865 7.972,221 (743,644) 9r.47%o (3,459,138) 600/o s 69.s37.373 $ 78.270.161 s 98,171,224 $ 105,811,344 $ 109,594,456 $ 3,783,112 103.58% $ (27,541,183) 74% I

05/23/2023 Item No.2.

APPENDIX C
City of Folsom, California
Housing Fund
Revenue and Expense Statement
Quarter Ended March 3 l, 2023
REVENIJES:

Tils
Intergovemental
Chrges for Cment Sewies
Imprct Fe Revenue
Interest Revenue
Other Rwenue
Operating Trm&rs In

TOTAL REVENIJES
EXPENDITURES:

Salary & Ben€fits
Seruice & Supplies
Contrrcts
Insurm@
Other Opuating Expenses
Capital Outlay
Extrotrdinary Irss on Dissolution ofRDAs
Operating Trrufers Out
Fv 2022
ACTUAL
Fy 2023
BUDGET
FY23 Forecast
As of
3t3U2023
FY 2023
As of

VARIANCE
Forecast
2,750,000
200,000
352,000
(10,000)

VARIANCE
Actual vs Budget
%
$
$
s
$ $
$ $
$
19,013
2,340,931
290,198
t42
620,276
5,296
29,219
6,625,814
81,337
Q89,334)
51,566
10,950
40,000
250,000
150,000
25,829
465,829
310,000
40,300
r 15,529
465,829
37,'189,041
s 31,'189,041
(3'1,789,04r)
40,000
3,000,000
350,000
25,829
l00o/o
l200Ys
233o/o
IOU/o
48%
936Yo
l93%o
o%
'133o/o
Q0,987)
2,O90,931
140,198
Q5,82e)
Q10,276)
35,004
5690/o
662,OO0
30,300
2,608,000
$ 40,397,041
(40,39't,041)
2tAyo
151/o
20OYo
7304
700o/o
I'l3o/o
75o/o
l53o/oTOTAL EXPENDITURES

APPROPRIATION OF FUND BALANCE
rUND BALANCE, JULY 1

F'UNDBAI,ANCE

NONSPEIYDABLE FUND BALANCE

RESTRICTED FIJND BALANCE

COMMITTED FT'ND BALANCE

ASSIGNED FUND BALANCE
UNRESTRICTED FUND BALANCE (DEFICIT) $
1,937,924 6,359,435
$ 39,726,965 $ 37,789,041
(30,015,302)(29,990,8s8)
(5s1,03e)
$- $
10

05/23/2023 Item No.2.

APPEI\DD(D
City of Folsom, California
Lighting and Landscaping Districts
Revenue and Expenditure Statement
Quarter Ended March 31, 2023
Revenues:

Special Assessm€nt
Interest
Other Revenue
Expenditures:

Communications
Utilities
Contacts
Maintenance
Supplies
Transfers Out
Fund 204
Briggs
T nc forrnc Prnoh
22,928
2,580
tr'und 2o5 f,'und 207 Fund 208 Fund 209 Fund 210
Folsom
f,'und2l2 tr'und213 tr'und2l4 Fund215 Fund231 Fund232 Fund234 Ilannaford Lake Natoma Cobble Hills Prairie
Cross Shores Reflect Oaks#2Hciohts
46,723 95,673 11,606 12,154
696 399
Natoma
Sbtinn
Broadstone
Unit 3 Rroedstone
Sierra
Estates
Natoma
Valley
Cobble
Ridse
10,039
4,66t
28,600
13,262
I 1,439
58,968
<1
52,7s4
26,09s
150,227
A )9,4
6,301
1,1r2
106
328
1,339
556
20,r99
218,028
870
)10
114,387
42,326
4 044
10,631
4,009
3,976
13,1 13
789
t2,809
1,816
3,t31
3,289
13,717
377
4,t63
456
976
2,OO2
5,200
37,2t9
4,721
2,312
6,721
24,033
8,131
2,285
966
t,916
5,273
22'7
<do
24,669 160,242
5,001
13,480
8,007
15,576 82,291
556
889 125 809
TotatRevenue $ 25,508 $ 46,723 S 95,673 $ t2,302 $ 13,093 $ 219,163 $ 10,631 S 14,625 $ 24,669 9165,243 $ 4,619 S41,940 $10,416 887 1 9 613
TotalExpenditures$ 44,187 $ 85,188 5233,360 $ 7,841 $ 22,707 $ 160,757 $ 21,387 $ 20,514 S 37,952 582,847 $ 8,303 $ 33'875 $ 8,382 11

05/23/2023 Item No.2.

APPENDX D
City of X'olsom, California
Lighting and Landscaping Districts
Revenue and Expenditure Statement
Quarter Ended March 3 l, 2023
Revenues:

Special Assessment
Interest
Other Revenue
Expenditures:

Communications
Utilities
Confacts
Maintenance
Supplies
Transfers Out
D,,-n t2<
Praire Oaks
D^-^L
237 Fund249 Fund250 Fund 2Sl tr'und252 Fund253 Fund260 Frnll262 Fund266 Fund267 Fund270 Willow Creek BlueRavine
East Oaks
Willow AmRiver Willow
Stoanlorhocc a-rmlr Sn l'onwnn Nn Snrinoc
Willow Broadstone 3 ARC No.2
SnrssCFD#ll CFD#12 CFD#13
ARC
No.2
110,236 J3,692
1,670 t,251
270
ToratRevenue $ 110,s06 $ 1,670 $ 33,692 $ 22,4t3 $ l,2sl $101,506 $ 58,498 $8,1'12 $ 29,3s8 g 349,1s2 $64,335 $10,028 4,660
20,057
2,356
9,334
556
217
89,789
1t,717
55,892
5,12s
66,4t3
t2
1 092
23,857
5,501
14,298
t0,2t7
7t,t2t
2-813
322,916
26,236
71,468
5 1,533
363,062
38 q 551
63,400
17,389
19,892
61,505

1.694
6,746
3,282
58,258 8,020
36,192
s56
51,332 1,984

2.796
935t52240
49,973
45,757
5,5t5
8s8
565
2,O02
3,988
16,086 251
5s6
3,809
318
556
l0
356
556
4,335
4,158
t0,M3
t96 1.298 710 590
TotalExpenditures $ 99,921 $ 6,7s1 $ 17,940 $ 10,817 $ 19,s26 $130,534 $ 90,876 $7,s66 $ 98,449 $ 495,6s4 $100,480 $4,934 12

05/23/2023 Item No.2.

APPEI\DD(I)
City of Folsom, California
Lighting and Landscaping Districts
Revenue and Expenditure Statement
Quarter Ended March 31, 2023
Revenues:

Special Assessment
lnterest
Other Revenue
Expenditures:

Communications
Utilities
Contacts
Maintenance
Supplies
Transfers Out
Residences ARC
10,928
Fund 275 Fund 278 Fund 281 Fund282 tr'und283 Fund284 Fund285 Fund288 Fund289 Fund291 Fund293 #3
Blue Ravine
Oaks No.2
Folsom
Hts #2
Broadstone Islands
ai .-nTr{16
Willow Creek Prospect
fstates #2 Ridse
Maint Dist Maint Dist Maint Dist Maint Dist
CFD#18 CFD#Ig CFD#23A1 CFD#23IA3 TOTAL
934
3,369
4,709
t'l,754
408
r38,172
20,474
1,502
12,657
220,8r5
l8
3 059
9,564
3,231
4,204
28,574
902
33,301
5,309
4,4t8
38,089
561
54,951
6,893
272,308
8,996
7,474
10,596
34,490
43,173
1,394
I1,486
34,902
834
21,694
st4
1,313
5,058
8,859
109,938
84,395
338,965
8,506
689
38,962_
939
23,476 11,019 2,632 t9
1,713,730
150,162

1.080
637,7O2
406,gn
2,094,322
95 57.219
$ 3,196,209
TotalRevenue $ 11,862 $158,646 $ 12,795 $33,610 $ 54,951 $ 3,996 $ 44,567 $22,208 $23,476 $ll,0l9 g 2,632 $ t9 $ 1,864,972 4 940 571 311 4.516
2,201
7,646
6,094
l7
11 TotalExpenditures $ 26,240 $238,051 $ 33,630 $ 43,068 $284,141 $ 54,133 $ 47,222 $ 15,541 $s37,814 $ 49,096 $ 15,969 $ 13

05/23/2023 Item No.2.

APPENDIX E
City of Folsom, California
Combined Water Funds*
Revenue and Expense Statement
Quarter Ended M wch 3 l, 2023
OPERATINGREVEI\TUES:

Chages For Senices
TOTAL OPf, RATINGREVENUES
OPERATINCEXPENSES:

Saluiq
Benefits
Utilities
Supplies
Mahtenm@ md Opqation
Conhrctual Seruices
Deprecialion
Otho Opemting Expeme

TOTAL OPERATINGEXPENSES
OPERATINGINCOMf,
NONOPERATING REVENUE (EXPENSE$I
Irpact Fes
othq
InwsttMt In@me
Intergovemrental
Proceeds ofFinucing
Debt Sewice Expeme
Olhtr Reimbusemts
Capital Odlay - Projects

TOTAL NONGERATING REVENUE
(ExPnNsE)
rNcoil{E (Loss) BEFoRE CAPTTAL

CONTRIBUTIONS AND TRANSFERS
CAPITAL CONTRBUTIONS AND TRANSFERI]
Trmfers In
Trffiferc Out

TOTAL CAPITAL CONTRBUTIONS

ANDTRANSFERS
CHANGf, IN NET ASETS
NETASSETS,ruLY 1

NET ASSETS

RESTRICTED NETASIETS
TJNRESTRICTED NET ASItrTS
Fy 2022
As of
313r12022
Ey 20n
As of Fv 2022
ACTUAL
FY23 Forecst
As ofw 2023
BI]DGET
t9,229,500
19,229,500
3,420,072
2,384,631
812,500
1,420,881
I,150,760
2,788,899
1,1"13,478
t3,151,221
6,078,279
703,605
QWen
197,100
250,000
350,000
(1,2s6,s66',)
(906,566)
112,989,848
112,989,881

VARIANCE
(7r,000)
37,000
26,000
(38,000)
(187,000)
(s00,000)
(373,500)
412,46t
317,000
(243,000)
(50,000)
12,036,043
12,036,043
2,2:13,681
1,622,651
506,324
663,803
828,154
1,265,t27
3,496,873
637,629
741,801
442,937
15,889
t22,803
(7.623)
(1,184,082',)
(1,210,076)
(468,214)
(676,248)
(676,U8')
(1,144,522)
109,978,103
108,833,581
(2,597,81 5)
_s rc6,n5J66_
2,462,t60
t,75'1,820
636,546
1,023,759
743,941
1,606,109
3,487,t'70
298,t96
99,472
486,152
6,756
148
148
2,990,693
1,440,142
566,309
1,259,831
852,055
2,025,t75
4,656,0'11
491,069
976,48t
(511,785)
50,656
(95'1,912)
(626,811)
(175,954)
(3e7,122)
(406,81e)
0,182,190)
3,487,t"10
3,349,072
2,421,631
838,500
1,382,881
963,760
2,288,899
^t2%
'14%
7V/o
't2%
65%
58o/t
%
980/0
1026/0
103Vo

97./o
84%
82yo
9t%
93yo
86%
96%
680/0
680/o
1,196,377
(405,409)
129,869
289,052
(u3,:u4)
660/"
9s%
42%
-327%
2M%
3%
(8,7e2) (460,756) (t,84s,822) (1,845,822\
(4,446,166)
(5,171,680)
906,599
186,!149
330,105
382,064
514,100
7,000
300,000
1,312,994
114,302,842
1,837,030 0%
sq/.
340/o
(350,000) o%
54%
(r,772,848) 3,01.1,745
t03
I ll,2tz00o 112,989,848
$ 109,466,398
* Includs the bllowing funds: Water Impact Fee, Water Operating, Water Csital ud wder Meters Prior yea includes prior period adjstment for GASB 68
14

05/23/2023 Item No.2.

APPENDIX F
City of Folsom, California
Combined Wastewater Funds*
Revenue and Expense Statement
Quarter Ended March 31, 2023
OPERATING REVENUES:

Chuges For Sewices
Prison Servicq

TOTAL OPERATING REVENUES
OPERATING EXPf,NSES:

Salaries
Benefis
utilities
Supplies
Maintenmce md Operation
Confractual Seryices
Depreciation
Other Operating Expenses

TOTAL OPERATING EXPENSES

OPERATING INCOME (LOSS)
NONOPf,RATING REVENUE (EXPENSES):

Impact Fes
Investment Income
Other
Debt Service
Capihl Ourlay - Prcjects

TOTAL NONOPERATING REVENUE
(EXPENSE)

INCOME (LOSS) BEFORE CAPITAI
COI{TRIBUTIONS AI\ID TRANSTE;
CAPITAL CONTRIBUTIONS AND TRANSFERTI:

Trmsfers In
Tresfes Out

TOTAL CAPITAL CONTRIBUTIONS

ANDTRANSFERS
CHANGf, IN NET ASSETS
NET ASSETS, JULY 1
FY 2022
As of
Fv 2023
As of
3/3112022
"1,122,758
56,000
7,178,158
FY2022
9,430,029 8,561,293
FY 2023
BlJDCET
10,918,000
61,200
10,985,200
1,861,036
1,388,52'7
95,000
549,064
328,090
816,846
422,380
5,460,943
5,524,2s7
60,000
156,000
(1,042,198)
(4,067,671)
(4,893,869)
630,388
131,755
(768,143)
(630,388)
70,888,708
70,888,?08
(3,263,244\
-$ 67,625,464_
11,200,000 282,000
FY23 Foreost
As of
1,769,036
r,3't6,52'1
1t0,000
351,064
241,090
361,846

VARIANCE
Actual vs Budset
(1,481,911)
(552,871)
(392,813)
Qs,e23)
Q86,206)
050,850)
(57s,210)
t,693,353
309,912
104,052
n6,086
1,053,095
l03Yo
86%
75%
86yo
70%
72%
73%
48%
54%
30%
680/0
92%
103yo
t00yo
95yo
99%
1t6%
' 640/0
73%
440/0
12 1,238,853
936,198
57,586
20t,738
167,607
156,658
1,735,638
230,042
4,124,319
2,454,439
1,308,166
995,714
69,077
262,858
177,240
241,636
1,693,353
1,638,145
843,775
88,262
281,442
230,474
442,486
2,296,648
t64,052
432,086
10,897
58,694
(500,8r0)
626,810
(673)
185,000
535,000
216,996
2,232,439
73,t21,14'1
(e2,000)
02,000)
15,000
(198,000)
(87,ooo)
(455,000)
125,000
379,000
1,259,t94
(131,755)
273.4%
21'1n/o
45%
2s%
52,037
tol,112
9,233
0,o2l,l3l)
(8s8,1 s0)
1,596,289
(516,566)
(51 6,566)
1,079,723
68,969,695
70,049,4r8
(e93,015)
-ry19l
2,672,361 1,919,013
73,561,068 70,888,708
-21%
113Yo
1syo
0Vn
(137,755) e/o
242Yo

NETASSETS

RESTRICTED NET ASSETS

IINRESTRICTED NET ASSETS
* Includes the following fuds: Sewer Operating ud Sewer Capital Prior yeu includes prior period adjutrnent for GASB 68
15

05/23/2023 Item No.2.

APPEIIDIXG
City of Folsom, California
Combined Solid Waste Funds*
Revenue and Expense Statement
Quarter Ended Mar ch 3 l, 2023

OPERATING EXPENSESI
Salries
Benefits
Utilities
Supplies
Maintenmce md Operation
Contractual Seryices
Depreciation
Other Operating Expenses

TOTAL OPERATING EXPENSES
oPERATTNC TNCOME (LOSS)
NONOPERATING RDVENUE (E OENSE)!
Impact Fes
Investment Income
Intergovemmental Revenues
Other
Debt Sewie-Expense
Capital Ouday
TOTAL NONOPERATING R.EVENUE
(ExPENSE)
INCOME (LOSS) BEFORtr CAPITAI
CONIRIBUTIONS AND TR,ANSTER;

CAPITAL CONTRIBUTIONS AND TRANSFERSI
Trmsfers Il
Trusfere Out

TOTAL CAPITAL CONTRIBTITIONS

ANDTRANSFERS

CHANGE INNET ASSETS
NET ASSf,TS, JULY T

NETASSETS

RNSTRICTED NET ASSETS

T'NRESTRJCTED NET ASSETS
FY 2022
As of
3t3112022
Ff 2023
As of
FY23 Folecst
As of

VARIANCE
2,569,896
2,109,863
29,707
688,532
124,862
3,010,809
57'1,833
419,632
433,412
42,328
5t,993
253,879
5,540,733
(1,251,638)
(1,251,638)
4,289,095
(3,972,020)
31,7,075
(2,923,962\
$ (2,606,887)
576,666
Q3s,649)
1s9,645
367,259
(3,015)
2,941,451
2,32',1,586
33,644
1,600,079
960,815
3,529,229
654,815
F\ 2022
3,41t,'169
2,069,540
41,216
t,390,720
1,120,642
4,308,295
890,801
F\ 2023

BTJDGET
Forecst s
(250,000)
(4e,o0o)
13,000
157,000
303,000
(374,000)
050,500)
198,500
(382,000)
(6,615,050)
4,175,985
3,183,766
37,100
1,865,598
944,533
5,667,087
855,905
547,365
81,500
422,7',16
'1,073,127
1,723,195
(1,723,les)
(r,723,19s\
1,003,668
1,003,668
(7,232,s91)
$ (6,228,923)
(1,234,s34)
(856,180)
(3,456)
Q65,519)
16,282
(2,137,858)
654,815
3,925,985
3,134,766
50,100
2,022,598
1,U7,533
5,293,087
396,865
280,000
40,776
458,077
261,961
1,265,629
%
94o/o
980/o
t3syo
108%
132%
930/o
7Oo/o
73%
9t%
86%
102yo
62%
65%
7syo
53%
333%
t0%
3%
8%
288,145
271,6t8
40,474
226,881
90v.
35to/.
0%
2,473,518
Qse,220)
l90,ll8
(382,302)
(6,846,246)
-249/o
5,327,146 4,975,688
6,33t,414 1,003,668
$
* Includes the followiog fudsi Solid Waste Operating Solid Wste Capital, md Solid Wste Plm Area Capital Prior yeu includes prior period adjshnent for GASB 68
16

05/23/2023 Item No.2.

Book77 Page 87
Folsom City Council
May 9,2023
City Council Special Meeting

MINUTES
Tuesday, May 9, 2023 5:15 PM

CALL ORDER
The special City Council meeting was called to order at 5:15 p.m. with Mayor Rosario Rodriguez presiding
ROLL GALL:

Councilmembers Present: YK Chalamcherla, Vice MaYor
Anna Rohrbough, Councilmember
Sarah Aquino, Councilmember
Rosario Rodriguez, MaYor
CouncilmembersAbsent: MikeKozlowski,Councilmember
Participating Staff: City Manager Elaine Andersen
City Attorney Steven Wang
Assistant City Clerk Jennifer Jimenez
ADJOURNMENT TO CLOSED SESSION FOR THE FOLLOWING PURPOSES:

1. Conference with Legal Counsel - Existing Litigation - Pursuant to Government Code Section 54956.g(d)(1): Artuiand Aidis Nersisyan v. County of Sacramento, County of Placer, and City of Folsom, et al., Sacramento County Superior Court Case No. 34-2023-80004116

2. Conference with Real Property Negotiator - Pursuant to Government Code section 54956.8: City Owned Land (Water Treatment Plant):

Approximately 9,455 Sq. Ft. of City Owned Land (Water Treatment Plant) located at 351 Cimmaron Circle in Folsom, APN 071-0410-001-0000,
Approximately 2,805 Sq. Ft. of City Owned Land (Water Treatment Plant) located at 345 Cimmaron Circle in Folsom, APN 071-0410-002-0000'
Approximately 7,626 Sq. Ft. of City Owned Land (Water Treatment Plant) located at 339 Cimmaron Circle in Folsom, APN 071-0410-003-0000,
Approximately 9,999 Sq. Ft. of City Owned Land (Water Treatment Plant) located at 333 Cimmaron Circle in Folsom, APN 071-0410-004-0000'
Approximately 9,999 Sq. Ft. of City Owned Land (Water Treatment Plant) located at 327 Cimmaron Circle in Folsom, APN 071-0410-005-0000:

Negotiating Parties; City Manager Elaine Andersen on behalf of the City of Folsom, and five individual property owners. Under Negotiation: Price and Terms of Sale DRAFT - Not fficial until approved by the City Council Page 29 05/23/2023 Item No.3.

Book77 Page 88
Folsom City Council
May 9,2023

3. Conference with Real Property Negotiator - Pursuant to Government Code section 54956.8:

Historic District PlazaTurntable at 905 Leidesdorff Street, APN 070-0052-023. Negotiating Parties: City Manager Elaine Andersen on behalf of the City of Folsom, and Judy Collinsworth on behalf of the Folsom Historic District Association. Under Negotiation: Price and Terms of Lease Motion by Gouncilmember Sarah Aquino, second by Vice Mayor YK Chalamcherlan to adiourn to closed session for the above referenced items. Motion carried with the following roll call vote:

AYES:

NOES:

ABSENT:

ABSTAIN:

Councitmember(s): Aquinon Ghalamcherla, Rohrbough, Rodriguez Gouncilmember(s): None
Gouncilmember(s): Kozlowski
Councilmember(s): None

RECONVENE
City Attorney Steven Wang announced that no final action was taken during closed session

ADJOURNMENT
The special meeting was adjourned to the regular City Council meeting at 5:18 p.m

SUBMITTED BY
Jennifer Jimenez, Assistant City Clerk
ATTEST:

Rosario Rodriguez, Mayor
DMFT - Not fficial until approved by the City Council Page 30 05/23/2023 Item No.3.

Book77 Page 89
Folsom City Council
May 9,2023
Gity Gouncil Regular Meeting

MINUTES
Tuesday, May 9, 2023 6:30 PM

CALL TO ORDER
The regular City Council meeting was called to order al641pm with Mayor Rosario Rodriguez presiding.

ROLL CALL:

Councilmembers Present: YK Chalamcherla, Vice MaYor
Anna Rohrbough, Councilmember
Sarah Aquino, Councilmember
Rosario Rodriguez, Mayor
Councilmembers Absent:

Participating Staff:

Mike Kozlowski, Councilmember
City Manager Elaine Andersen
City Attorney Steven Wang
CFO/Finance Director Stacey Tamagni
Assistant City Clerk Jennifer Jimenez
Parks and Recreation Director Kelly Gonzalez
Police Commander Brian Lockhart
Police Lieutenant David CanePa
Community Development Director Pam Johns

PLEDGE OF ALLEGIANGE
The pledge of allegiance'was recited

AGENDA UPDATE
City Attorney Steven Wang announced that there was a revised staff report and additional information for item 12.

BUSINESS FROM THE FLOOR:

The following speaker addressed the City Council:

1. Scott Rafferty regarding by-district elections
DRAFT - Not fficial until approved by City Council Page 31 05/23/2023 Item No.3.

Book77 Page 90
Folsom City Council
May 9,2023
GONSENT CALENDAR: (items taken out of order)
Items appearing on the Consent Calendar are considered routine and may be approved by one motion. City Councilmembers may pull an item for discussion.

6. Approval of April 25,2023 Special and Regular Meeting Minutes

7. pulled for comment

8. Resolution No. 1 1031 - A Resolution Authorizing the City Manager to Execute Amendment No' 1 to the Agreement (Contract No. 173-21 21-060) with Black & Veatch Corporation for the Evaluation and Review of the Environmental Protection Agency's 2021 Lead and Copper Rule Revisions and ldentifying compliance Requirements for the city g. Resolution No. 11 032 -A Resolution Authorizing the City Manager to Execute an Agreement with Zenner USA for the City of Folsom Positive Displacement Water Meter Replacement Program

10. Resolution No. 1 1033 - A Resolution Authorizing the City Manager to Execute an Agreement with Zenner USA for the City of Folsom Turbine Water Meter Replacement Program

11. Resolution No. 11034 - A Resolution Authorizing the City Manager to Execute a Design and Consulting Services Contract with R.E.Y. Engineers, lnc. for the East Bidwell Corridor Drainage Analysis Project

12. pulled for comment
Motion by Councilmember Sarah Aquino, second by Vice MayorYK Chalamcherla, to approve items 6 and 8-1{ on the Consent Galendar.

Motion carried with the following roll call vote:

AYES:

NOES:

ABSENT:

ABSTAIN:

Councilmember(s): Ghalamcherla, Rohrbough, Aquino, Rodriguez Gouncilmember(s): None
Gouncilmember(s): Kozlowski
Gouncilmember(s): None
CONSENT NDAR IT S PULLED FO DISGUSSION:EM

7. Resolution No. 11023 - A Resolution Updating the City of Folsom Legislative Platform and Advocacy Manual
Councilmember Sarah Aquino pulled the item to recommend adding language regarding supporting legislation which preserves non-lethal options for law enforcement.

Motion by Councilmember Sarah Aquino, second by Vice Mayor YK Chalamcherla, to approve Resolution No. 11023 as amended.

Motion carried with the following roll call vote:

DRAFT - Not fficial until approved by City Council Page 32 05/23/2023 Item No.3.

Book77 Page 91
Folsom City Council
May 9,2023
AYES:

NOES:

ABSENT:

ABSTAIN:

AYES:

NOES:

ABSENT:

ABSTAIN:

12. Resolution No. 11035 - A Resolution Authorizing City Manager to Execute a Memorandum of Understanding with the Folsom Historic District Association (FHDA) for Operation of an lce Rink on City Property
This item was pulled for public comment.

The following speakers addressed the City Council:

1. Jim Harville

2. Karen Holmes

3. Jerry Bernau

4. Jim Snook
Councilmember Sarah Aquino discussed amending the MOU.

Motion by Gouncilmember Sarah Aquino, second by Gouncilmember Anna Rohrbough, to approve Resolution No. 11035 with removal of item no. 25 of the MOU regarding rental fees.

Motion carried with the following roll call vote:

Gouncilmember(s): Chalamcherla, Rohrbough, Aquino, Rodriguez Councilmember(s): None
Gouncilmember(s): Kozlowski
Gouncilmember(s): None
Gouncilmember(s): Chalamcherlan Rohrbough, Aquino, Rodriguez Gouncilmember(s): None
Gouncilmember(s): Kozlowski
Gouncilmember(s): None
SGHEDULED PRESENTATIONS: (items taken out of order)

1. lntroduction of New Parks and Recreation Director Kelly Gonzalez City Manager Elaine Andersen introduced the new Parks and Recreation Director Kelly Gonzalez. Ms Gonzales thanked the City Council and expressed enthusiasm for her new position.

2. Proclamation of the Mayor of the City of Folsom Proclaiming May 14-20, 2023 as National Police Officers MemorialWeek in the City of Folsom
Mayor Rosario Rodriguez presented the proclamation to Commander Brian Lockhart and Lieutenant David Canepa.

3. Proclamation of the Mayor of the City of Folsom Proclaiming the Month of May 2023 as National Skin Cancer Awareness Month in the City of Folsom
Mayor Rosario Rodriguez presented the proclamation to Keenan Davis.

DRAFT - Not fficial until approved by City Council Page 33 05/23/2023 Item No.3.

Book 77 Page 92
Folsom City Council
May 9,2023

4. Presentation from HART of Folsom (Homeless Assistance Resource Team) Regarding the Winter Shelter
Director of HART Winter Shelter Beverly Seiss made a presentation and responded to questions from the City Council.

5. Presentation of the City Manager's FY 2023-24 Proposed Operating and Capital Budgets for the City of Folsom, the Successor Agency, the Folsom Public Financing Authority and the Folsom Ranch Public Financing AuthoritY
City Manager Elaine Andersen introduced the item and provided background information. She thanked staff for their work on the budgets.

CFO/Finance Director Stacey Tamagni made a presentation and responded to questions from the City Council.

The City Council discussed and received clarification from staff

COUNCIL REOUEST FOR FUTURE AGENDA ITEMS
Vice Mayor YK Chalamcherla asked for a future discussion regarding additional revenue and grant opportunities.

Councilmember Anna Rohrbough asked for an update regarding water supply and conservation communication. She asked to see the action steps of top City Council priorities. Mayor Rosario Rodriguez clarified that those items can be discussed during City Manager briefings.

CITY MANAG R REPORTS
City Manager Elaine Andersen made announcements about City Works Day, May is Bike Month, and that the Library is closed for carpet installation.

GOUNGIL GOMMENTS:

Councilmember Anna Rohrbough spoke of attending a funeral at the Sacramento Valley National Cemetery for Jeff Tuttle who served in the Marine Corp.

Councilmember Sarah Aquino acknowledged the students from Folsom High School attending the City Council meeting.

Vice Mayor YK Chalamcherla also acknowledged the students attending the meeting. He talked about attending the Police Department memorial, the I Love My Mom Fun 5k and his trip to Washing DC for Cap to Cap.

Mayor Rosario Rodriguez welcomed Parks and Recreation Director Kelly Gonzalez. She spoke of attending the grand opening for the Sevy and Neva Cimaroli Procedure Suite at Mercy Hospital and DRAFT - Not fficial until approved by City Council Page 34 05/23/2023 Item No.3.

Book77 Page 93
Folsom City Council
May 9,2023
commended Mercy Hospital PresidenUCEO Lisa Hausmann for her work and investment in the Folsom community. She commented regarding the premier of "Beyond Homeless, Finding Hope.l the farmer's market onsutter Street, Friends of Folsom Parkway photo contest, May is Bike Month, Fire Department graduation and the promotion ceremony and Police National Police Officer's Week. She thanked Planning Manager Scott Johnson for his 25 years of service to the City of Folsom, thanked the Assistant City Cbrk for clerking the meeting, and wished everyone a Happy Mother's Day.

ADJOURNMENT
There being no further business to come before the Folsom City Council, Mayor Rosario Rodriguez adjourned the meeting at 8:46 Pm.

SUBMITTED BY
Jennifer Jimenez, Assistant City Clerk
ATTEST:

Rosario Rodriguez, Mayor
DRAFT - Not fficial until approved by City Council Page 35 05/23/2023 Item No.3.

This page intentiono"Ily left blank
to focilitote double- sided printtng .

CITY OF
FOLSOl\{
DISTIXCTIVE BY NA?URE

05/23/2023 Item No.3.
:. ,::r ! a.] i.: . I r.!1 i i;
Folsom City Council
Staff Re rt

RECOMMENDATION / CITY COUNCIL ACTION
The Environmental and Water Resources Department recommends the City Council pass and adopt Resolution No. 11036 - A Resolution Authorizing the City Manager to Execute an Agreement with McGuire and Hester for the Construction of the Ashland Water Rehabilitation Project 1 and Appropriation of Funds.

BACKGROUND / ISSUE
The Environmental and Water Resources (EWR) Department identifies water infrastructure rehabilitation and replacement projects through water master plans, ongoing water condition assessment programs, and regulatory changes. Through these efforts, portions of the water system have been identified as needing rehabilitation or replacement in order to improve the water distribution system reliability.

The Ashland Water Rehabilitation Project 1 involves rehabilitating an existing water transmission main along Folsom Auburn Boulevard and Greenback Lane to provide an emergency water intertie to the City from San Juan Water District. The project includes performing an inspection and condition assessment of the existing main, installation of new isolation valves, removal and replacement of water main that has reached the end of its service life, and replacement of an existing PRV station and installation of electrical and instrumentation upgrades including SCADA programming.
1 MEETING DATE: 5123/2023
AGENDA SECTION: Consent Calendar
SUBJECT: Resolution No. 11036 - A Resolution Authorizing the City Manager to Execute an Agreement with McGuire and Hester for the Construction of the Ashland Water Rehabilitation Project I and Appropriation of Funds
FROM: Environmental and Water Resources Department

05/23/2023 Item No.4.

This resolution will authorize the City Manager to execute an agreement with McGuire and Hester for the construction of the Ashland Water Rehabilitation Project 1 in the amount of $2,3 5 1 ,0 1 9, and the budget for this agreement to include a lUVo contingency in the amount of $235,101 and Appropriation of Funds.

POLICY / RULE
In accordance with Chapter 236 of the Folsom Municipal Code. supplies, equipment, services, and construction with a value of $70,952 or greater shall be awarded by City Council.

ANALYSIS
The City completed plans and specifications for the Ashland Water Rehabilitation Project 1 and publicly advertised for bids on January 23, 2023.In addition, the City provided these documents to www.ciplist.com, which is also picked up by several area builders' exchanges and the City of Folsom's website. The Environmental and Water Resources Department received the following bids on April 10, 2023, for construction of the Ashland Water Rehabilitation Project 1 :

Contractor Bid Amount
McGuire and Hester $2,351,0r9
Caggiano General Engineering $2,723,498
Staff has reviewed the bid submitted and has determined that McGuire and Hester is the lowest responsible and responsive bidder who meets the requirements and specifications set forth in the invitation for bids.

FISCAL IMPACT
The EWR Department recommends that the contract be awarded to the lowest responsible, responsive bidder, McGuire and Hester for $2,351,019 with the project budgeted for this agreement in the amount of $2,586,120 which will include a l}oh contingency in the amount of $235,101.

Approximate project costs to date include design, construction administration services, construction management and inspection services, legal advertising, and environmental mitigation, and total approximately $689,800. The Ashland Water Rehabilitation Project I was included in the FY 2022-23 Capital Improvement Plan with a total project budget of 52,241,888. Therefore, an additional appropriation will be needed for construction costs, and staff is requesting an appropriation of $1,100,000 in the Water Operating Fund (Fund 520) for atotal project budget of $3,341,888. Funds are available in Fund 520 for this additional appropriation.
2 Page 38
05/23/2023 Item No.4.

ENVIRONMENTAL REVIEW
This project is replacement and/or improvement of existing infrastructure with negligible or no expansion of use and therefore is categorically exempt from environmental review under the California Environmental Quality Act as noted in Title 14 - California Code of Regulations, Chapter 3 - Guidelines for Implementation of the California Environmental Qualrty Act, Article 19 - Categorical Exemptions, Sections 15301 (Existing Facilities), 15302 (Replacement or Reconstruction), and/or 15304 (Minor Alterations to Land).

ATTACHMENT
Resolution No. 11036 - A Resolution Authorizing the City Manager to Execute an Agreement with McGuire and Hester for the Construction of the Ashland Water Rehabilitation Project I and Appropriation of Funds
Submitted,
Marcus Yasutake, Director

ENVIRONMENTAL AND WATER RESOURCES DEPARTMENT
J Page 39
05/23/2023 Item No.4.

RESOLUTION NO. 11036

A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE AN

AGREEMENT WITH MCGUIRE AND HESTER FOR THE CONSTRUCTION OF'THE ASHLAND WATER REHABILITATION PROJECT 1 AND APPROPRIATION OF FUNDS
WHEREAS, the City of Folsom has identified this project as a priority to maintain integrity and operation of the water distribution system; and WHEREAS' the infrastructure improvements identified to enhance the City's water distribution system includes installing new water transmission mains, isolation valves, an emergency intertie, and rehabilitation and upgrade to an existing pressure reducing station; and WHEREAS, the project is categorically exempt from environmental review under the California Environmental Quality Act; and
WHEREAS, plans and specifications were prepared for this work and publicly advertised for bids on January 23,2023; and
WHEREAS, McGuire and Hester was the lowest responsive bidder, with an amount of $1,395,785; and
WHEREAS, sufficient funds are available in the Water Operating Fund (Fund 520), however an appropriation in the amount of $1,100,000 is needed for the project, increasing the overall project budget to $3,341,888; and
WHEREAS' the agreement will be in a form acceptable to the City Attorney NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Folsom authorizes the City Manager to execute an agreement with McGuire and Hester for the construction of the Ashland Water Rehabilitation Project 1 for a not-to-exceed amount of $2,351,019 with the budgeted amount to include a 10Yo contingency of $235,101 for a total of $2,586,120; and
BE IT F'URTHER RESOLVED that the Finance Director is authorized to appropriate $1,100,000 for this agreement. The appropriation will be from the Water Operating Fund (Fund 520) fund balance in the amount of $ 1,100,000.

PASSED AND ADOPTED this23'd day of May 2023,by the following roll-call vote:

AYES:

NOES:

ABSENT:

Resolution No. 11036
Page I of2
Councilmember(s):

Councilmember(s):

Councilmember(s):

05/23/2023 Item No.4.

ABSTAIN: Councilmember(s):

ATTEST:

Rosario Rodriguez, MAYOR
Christa Freemantle, CITY CLERK
Resolution No. I1036
Page2 of2 Page 41
05/23/2023 Item No.4.

This page intenti"ono"Ily left blonk
to focilitate double- sided printing .

CITY OF
F()LSONf
DIgTIXCTIVE BY NA?URE

05/23/2023 Item No.4.
,1 !:tr rl
Folsom City Council
Staff Re rt
MEETING DATE: 512312023
AGENDA SECTION: Consent Calendar
SUBJECT Resolution No. 11037 - A Resolution Authorizing the City Manager to Execute an Agreement with West Yost & Associates, Inc. for Construction Management and Inspection Services forthe Ashland Water Rehabilitation Project I
FROM: Environmental and Water Resources Department

RECOMMENDATION / CITY COUNCIL ACTION
The Environmental and Water Resources Department recommends the City Council pass and adopt Resolution No. 11037 - A Resolution Authorizing the City Manager to Execute an Agreement with West Yost & Associates, Inc. for Construction Management and Inspection Services for the Ashland Water Rehabilitation Project l.

BACKGROUND / ISSUE
The Environmental and Water Resources (EWR) Department identifies water infrastructure rehabilitation and replacement projects through water master plans, ongoing water condition assessment programs, and regulatory changes. Through these efforts, portions of the water system have been identified as needing rehabilitation or replacement in order to improve the water distribution system reliability.

The Ashland Water Rehabilitation Project 1 (Ashland #1 Project) involves rehabilitating an existing water transmission main along Folsom Auburn Boulevard and Greenback Lane to provide an emergency water intertie to the City from San Juan Water District. The project includes performing an inspection and condition assessment of the existing main, installation of new isolation valves, removal and replacement of a water main that has reached the end of its service life, and replacement of an existing pressure reducing valve (PRV) station and installation of electrical and instrumentation upgrades including supervisory control and data acquisition (SCADA) programming.

I

05/23/2023 Item No.5.

The City publicly bid the construction of the Ashland #1 Project in February of 2023 and McGuire and Hester were the lowest responsible and responsive bidder. During construction, the City will need construction manag.-"rrf and inspections services for the project during the duration of the construction.

This resolution will authorize the City Manager to execute an agreement with West Yost & Associates, Inc. (Wy&A) for Construction Management and Inspection Services for the Ashland #l Project for a not-to-exceed amount of $325,000'

POLICY / RULE
In accordance with Chapter 2.36 ofthe Folsom Municipal Code. supplies, equipment, services, and construction with a value of $70,952 or greater shall be awarded by City Council.

ANALYSIS
The Ashland #1 project and the recently approved Greenback Sewer and Lift Station No.3 Project (p.S. #3 project) *itt U. constructed by the same contractor, in close proximity to each other, juring the same timeframe. In order to minimize potential conflicts of two different construction ,,'urru!"-"nt and inspection firms and to provide cost savings and efficiencies for these services to the-City, staff is recommending the execution of an agreement with WY&A to provide the construction management and inspection services for the Ashland #1 Project in conjunction with the p.S. #3 projectiOn March l4,2023,City Council approved Resolution No. 11005 for WY&A to provide construction management and inspection services for the P.S. # 3 Project' On January 23, 2023, the City publicly bid the construction of the P.S. #3 Project. Bids were opened orrMarch 3, i023, and McGuire and Hester was the lowest responsible and responsive bidder for the construction.

The City Council also approved Resolution No. I 1005 on March 14,2023, approving an agreement with Wy&A to perform construction management and inspection services for the P.S. #3 Project.

On February lg,2023,the City publicly bid the construction for the Ashland #1 Project. Bids were opened on-April 10,2023, una U"Cnire and Hester were again the lowest responsible and responsive bidder foi the construction. Both the Ashland # 1 Project and P.S. #3 Project will be constructed by McGuire and Hester and the construction will occur along Greenback Lane, the intersection of Greenback Lane and Folsom Boulevard, and near the northern side of the Rainbow Bridge.

In addition to both the p.S. #3 project and the Ashland #1 Project being constructed by the same contractor in the same general location, the two construction timelines will overlap each other to increase contractor effi-iency and reduce potential traffic impacts to the construction areas.

In an effort to provide the best value to the City and reduce potential conflicts of having two separate
"orrrt*^"tion
management and inspection firms inthe same location at the same time, staff contacted Wy&A to provid-e a scope of work for construction management and inspection services 2 Page 44
05/23/2023 Item No.5.
for the Ashland #1 Project since they were recently awarded a contract for the same services for the P.S. #3 Project. Since there is significant overlap in the project location and schedule for the two projects, this provided an opportunity to reduce the total amount of hours needed for construCtion management and inspection services by using one firm for both projects as opposed to one firm for each project.

City staff worked with WY&A to negotiate a cost savings and overall inspection efficiency to perform the construction management and inspection of both projects, simultaneously. WY&A provided a scope for Ashland #1 Project consisting of full-time, on-site inspection, project schedule tracking, review andlor coordination of project submifials, coordination with the other on-going City construction projects, labor compliance review, customer coordination, materials testing, and overall owner representation throughout construction of the Ashland #1 Project. These construction management and inspection tasks will be conducted simultaneously for the P.S' #3 Project and the Ashland #1 Project, resulting in cost-savings for the City.

This resolution will authorize the City Manager to execute an agreement with WY&A for Construction Management and Inspection services during construction for the Ashland #1 Project for a not-to-exceed amount of $325,000.

F'ISCAL IMPACT
City Council approved Resolution No. 1 1005 on March 14,2023 for West Yost & Associates Inc. to perform the construction management and inspection work for the P.S. #3 Project for a not-to- exceed amount of $544,764.

It was negotiated with WY&A that this cost saving approach for managing and inspecting both projects concurrently will result in cost savings for the P.S. #3 Project of approximately $100,000.

As a result of the negotiated cost savings and inspection efficiencies, staff does not anticipate using the full contract amount previously approved for the P.S. #3 Project to be used unless construction issues arise that would result in additional inspection services being required.

The Ashland #1 Project is included in the Fiscal Year 2022-23 Capital Improvement Plan with a total project budget of $2,241,888. Sufficient funds are available in the Water Operating Fund (Fund 520) andthe EWR Department recommends that the contract be awarded to West Yost and Associates, Inc. for a not-to-exceed amount of $325,000.

ENVIRONMENTAL REVIEW
This project is replacement and/or improvement of existing infrastructure with negligible or no expansion of use and therefore is categorically exempt from environmental review under the California Environmental Quality Act as noted in Title 14 - California Code of Regulations, Chapter 3 - Guidelines for Implementation of the California Environmental Quality Act, Article 19 - Categorical Exemptions, Sections 15301 (Existing Facilities), 15302 (Replacement or Reconstruction), andlor 15304 (Minor Alterations to Land)' J

ATTACHMENT

05/23/2023 Item No.5.

Resolution No. I 1037 - A Resolution Authorizing the City Manager to Execute an Agreement with West Yost & Associates, Inc. for Construction Management and Inspection services for the Ashland Water Rehabilitation 1 Project
Submitted,
Marcus Yasutake, Director

ENVIRONMENTAL AND WATER RESOURCES DEPARTMENT
4 Page 46
05/23/2023 Item No.5.

RESOLUTION NO. IIO37

A RESOLUTION AUTIIORIZING THE CITY MANAGER TO EXECUTE AN AGREEMnNT WiH WEST YOST & ASSOCIATES,INC. F'OR C_ONSTRUCTION

MANAGEMENT AND INSPECTION SERVICES F'OR THE ASHLAND WATER REHABILITATION PROJECT 1
WHEREAS, the City of Folsom has identified this project as a priority to maintain integrity and operation of the water distribution system; and WHEREAS, the infrastructure improvements identified to enhance the City's water distribution system includes installing new water transmission mains, isolation valves' an emergency intertie, and rehabilitation and upgrade to an existing pressure reducing station; and WHEREAS, the project is categorically exempt from environmental review under the California Environmental Quality Act; and
WHEREAS, West Yost & Associates, Inc. by reason of their past experience and abilities for performing these types of services, are qualified to perform the required construction managemeni and inspection services for the project; and WHEREAS, sufficient funds are budgeted and available in the Water Operating Fund (Fund 520) in the amount of $325,000; and
WHEREAS, the agreement will be in a form acceptable to the City Attorney:

NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Folsom authorizes the Crty Manager to execute an agreement with West Yost & Associates, Inc. for Construction Managemeniand Inspection Services for the Ashland Water Rehabilitation Project I for a not-to-exceed amount of $325,000; and
PASSED AND ADOPTED this 23'd day of May 2023,by the following roll-call vote:

AYES:

NOES:

ABSENT:

ABSTAIN:

Councilmember(s):

Councilmember(s):

Councilmember(s):

Councilmember(s):

Rosario Rodriguez, MAYOR
ATTEST:

Christa Freemantle, CITY CLERK
ResolutionNo. 11037

05/23/2023 Item No.5.

This page intentionolly Ieft blonk
to facilitqte double-sided printtng .

FOLSOl\{

CITY OF
DISTINCTIVE 6Y NATURE

05/23/2023 Item No.5.
i ,. i l r.--l l-;:\J
Folsom City Council
Staff ort

RECOMMENDATION / CITY COUNEIL AETIQN
Staff recommends that the City Council move to adopt Resolution No. 11038 - A Resolution Authorizing the City Manager to Execute Non-Exclusive Agreements with Approved Licensed Contractors to Implement the Sacramento Housing and Redevelopment Agency Inter-Agency Contract for the Seniors Helping Seniors Home Repair Program.

BACKGROUND / ISSUE
On June 9,2020, the City Council approved Resolution No. 10463 which authorized the City Manager to execute an agreement with the Sacramento Housing and Redevelopment Agency (SHRA) for continued participation in the Community Development Block Grant (CDBG) Program from January 7,20211o December 31, 2023. As part of the City's participation in CDBG, the City Manager will contract with SHRA to receive $200,000 in CDBG funds to subsidize the City of Folsom Seniors Helping Seniors (SHS) Program for FY 202312024.

On June 14,2022, the City Council approved ResolutionNo. 10867 authorizing the City Manager to execute agreements with a total of six contractors (ABC Home Improvements, Benchmark Plumbing, F.L. Electric Service Company, Gray Construction and Securement Services, Inc., Roseville Sheet Metal Inc., and Sacramento City Building Co.) to perform contractor services in accordance with the SHRA Seniors Helping Seniors Inter-Agency Contract.
1 MEETING DATE: 512312023
AGENDA SECTION: Consent Calendar
SUBJECT: Resolution No. 11038 - A Resolution Authorizing the City Manager to Execute Non-Exclusive Agreements with Approved Licensed Contractors to Implement the Sacramento Housing and
Redevelopment Agency Inter-Agency Contract for the Seniors Helping Seniors Home Repair Program
FROM: Community Development Department

05/23/2023 Item No.6.

For Fiscal Year 2022-23 the City Manager approved annual contracts with five of the six Senior Helping Seniors contractors excluding ABC Home Improvements because they elected not to continue participation in the program. The five existing non-exclusive agreements will terminate on June 30,2023 and staff is recommending that the City Manager be authorized to execute new contracts with the same five contractors which will be in effect until June 30, 2024 including a not-to-exceed amount of $200,000 (total aggregate amount for all contractors) consistent with the City's CBDG funding allocation.

POLICY / RULE
In accordance with Section 236.120 of the Folsom Municipal Code, City Council approval is required for professional services contracts in excess of $70,952.

ANALYSIS
The Seniors Helping Seniors Home Repair Program is available to all low-income, age- qualified senior citizens who reside in the City of Folsom. The program is designed to assist those seniors who do not have the assets or financial capability to make necessary home repairs related to health and safety. Both manufactured homes and non-manufactured homes are eligible for the program. On average, the City's SHS Program responds to over three hundred calls for service each year.

A total of five contractors previously submitted their qualification packages to the City and currently perform contractor services in accordance with the Seniors Helping Seniors Home Repair Program. With approval of this resolution and the necessary contracts (not-to-exceed a combined total of $200,000 for all said contracts), the following contractors will continue to assist the City with providing contractor services as needed for the SHS Program:

Benchmark Plumbing
F.L. Electric Service Company
Gray Construction and Securement Services, Inc
Roseville Sheet Metal Inc.

Sacramento City Building Co.

Each of the five contractors are qualified to provide arange of contracting services necessary for the SHS Program, are in good standing, and evaluated on the merits of their work in recofllmending new contracts. Furthermore, all five contractors are experienced in small home repairs and working with low-income senior citizens and/or physically disabled homeowners.

FINANCIAL IMPACT
There is no financial impact to the City's General Fund. The CDBG funding program requires the expenditure of funds with reimbursement requested and therefore the Community Development Block Grant Fund (Fund 201) is utilized to cover the upfront contractor and material costs and invoices are sent to SHRA monthly for reimbursement from the grant 1 2
J
4 5
2 Page 50
05/23/2023 Item No.6.
proceeds. For the Fiscal Year 2023-24, atotal of $220,000 of the Community Development Block Grant Fund (Fund 201) has been appropriated for the SHS Program to cover the cost of materials and outside contractors. The additional $20,000 is a budgeted estimate of the amount that would be allocated by SHRA and the total expended for the SHS Program will not exceed the total amount available.

ENVIRONMENTAL REVIEW
This action by the City Council is exempt from environmental review pursuant to Section 15061(b)(3) (Review for Exemption) of the California Environmental Quality Act.

ATTACHMENT
Resolution No. 1 1038 - A Resolution Authorizing the City Manager to Execute Non-Exclusive Agreements with Approved Licensed Contractors to Implement the Sacramento Housing and Redevelopment Agency Inter-Agency Contract for the Seniors Helping Seniors Home Repair Program
Submitted,
Pam Johns, Community Development Director
J Page 51
05/23/2023 Item No.6.

RESOLUTION NO. 11038

A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE

NON-EXCLUSIVE AGREEMENTS WITH APPROVED LICENSED CONTRACTORS

TO IMPLEMENT THE SACRAMENTO HOUSING AND REDEVELOPMENT
AGENCY INTER.AGENCY CONTRACT FOR THE

SENIORS HELPING SENIORS HOME REPAIR PROGRAM
WHEREAS, Resolution No. 10463, adopted by the City Council on June 9, 2020, authorized the City Manager to execute an agreement with the Sacramento Housing and Redevelopment Agency (SHRA) for continued participation in the Community Development Block Grant (CDBG) Program from January 1,2021 to December 3 1, 2023; and WHEREAS, funds from the CDBG Program subsidize the City's Seniors Helping Seniors (SHS) Program, which provides eligible senior citizens in the City with financial assistance to repair and remedy health and safety hazards in their homes; and WHEREAS, SHRA has allocated $200,000 in CDBG funds to subsidize the City's SHS Program for Fiscal Year 2023-24; and
WHEREAS, the City Manager is required to enter into an Inter-Agency Contract with SHRA to receive the allocated $200,000 CDBG funds; and
WHEREAS, the CDBG funding program requires the expenditure of funds with reimbursement requested; and
WHEREAS, the proposed Fiscal Year 2023-24 Budget, includes an appropriation of $220,000 in the Community Development Block Grant Fund (Fund 201); and WHEREAS, contractors are selected based on their professional qualifications and experience to perform services under the SHS Program; and WHEREAS, the five contractors (BenchmarkPlumbing, F.L. Electrical Service Company, Gray Construction and Securement Services, Inc., Roseville Sheet Metal Inc., and Sacramento City Building Co.) have existing contracts with the City for performing this work to June 30, 2023; and
WHEREAS, in accordance with Chapter 236 of the Folsom Municipal Code, contracts of $70,952 or greater shall be approved by the City Council.

NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Folsom hereby authorizes the City Manager to execute non-exclusive contracts for professional licensed contractor services with Benchmark Plumbing, F.L. Electric Service Company, Gray Construction and Securement Services, Inc., Roseville Sheet Metal Inc., and Sacramento City Building Co., to Resolution No. 11038
Page I of2

05/23/2023 Item No.6.
render services under the City's SHS Program through June 30, 2024, not-to-exceed a combined total of $200,000 for all said contracts.

PASSED AND ADOPTED this 23'd day of May 2023,by the following roll-call vote:

AYES: Councilmember(s):

NOES: Councilmember(s):

ABSENT: Councilmember(s):

ABSTAINI Councilmember(s):

Rosario Rodriguez, MAYOR
ATTEST:

Christa Freemantle, CITY CLERK
Resolution No. I1038
Page2 of2

05/23/2023 Item No.6.

This page intenti"ono.Ily Ieft blonk
to focilitqte double- sided printtng .

FOLS()l\{

CITY OF

DTSTIT'ICTIVE AY NATURE

05/23/2023 Item No.6.
; lr, i 1..:

Folsom City Council
Staff Re ort
MEETING DATE: s12312023
AGENDA SECTION: Public Hearing
SUBJECT: Resolution No. 11040- A Resolution Adopting the City Manager's Fiscal Year 2023-24 Operuting and Capital Budgets for the City of Folsom, the Successor Agency, the Folsom Public Financing Authority, and the Folsom Ranch Public Financing Authority
FROM: Finance Department

RECOMMENDATION / CITY COUNCIL AETION
Staff recommends that the City Council pass and adopt Resolution No. 11040 - A Resolution Adopting the City Manager's Fiscal Year 2023-24 Operuting and Capital Budgets for the City of Folsom, the Successor Agency, the Folsom Public Financing Authority, and the Folsom Ranch Public Financing Authority.

BACKGROI IND / ISSIIE
In January and February of 2023, discussions were held with the City Council to provide information regarding the five-year financial forecast and the challenges in future years.

Direction provided by the City Council at these meetings provided the framework for staff to begin the preparation of the FY 2023-24 Budget. The City Manager's Fiscal Year 2023-24 Proposed Operating Budget and Capital Improvement Plan (CIP) was presented to the City Council on May 9, 2023, during which time staff reviewed the different components of the proposed budget, highlighted the various CIP projects proposed and answered questions asked by Council Members.

POLICY / RULE
Folsom Municipal Code. Section 3.02.030. Budset
1

05/23/2023 Item No.7.
"An Annual Budget shall be prepared by the City Manager, with the assistance of the Finance Director. . . . (G) The City Council shall adopt the annual budget by Resolution by fund and program by affirmative vote of at least three members, on or before the last working day of the iast month of the current fiscal year. If the City Council fails to adopt the budget by the last working day of the current fiscal year, the budget as presented by the City Manager shall be deemed adopted."

AN YSIS
The Fy 2023-24 Operating Budget as presented totaled $246,270,937. Below is a breakdown by Fund category:

Fund Category FY 24 Proposed Amount
GeneralFund
Funds
Special Revenue Funds
Debt Servbe Funds
Funds
Intemal Service Funds
FiluciaryFurdq
Total
$10,8?560,133
$57 2879-;757
$11,196,930
$11?125,0qs
$12134:-2,707
$21,988,471
$1 177 54
$2460270,937
The FY 2023-24 Operating Budget and CIP also includes 490.5 full and permanent part time positions across all funds. A total of 11 new positions have been added in this budget. The added positions are listed below along with the department. *The 2 Community Service Officers added mid-year ofFY 2022-23 The proposed Operating and CIP Budgets are available on the City's web site at https ://www. fo lsom. ca. us/government/fi nance/citv-bud get. 2 PositionDenartment
Environnrental Spec ialist
Water Distrrbution Operator Itr
Refirse Driver
WorkerWater
Maintenance
Waste ManagerSolid
OffcersService
Oficer
Q)
Public Works Dcparftrrent
Police
Water
Police
SoliC Waste
Solij Waste
Waste DeparhnentSolitl
Fire Departrnent

05/23/2023 Item No.7.

ATTACHMENTS
l. Resolution No. 11040 - A Resolution adopting the City Manager's Fiscal Year 2023- 24 Operuting and Capital Budgets for the City of Folsom, the Successor Agency, the Folsom Public Financing Authority, and the Folsom Ranch Public Financing Authority

2. Summary of Revenues, pages II-26 throughll-32

3. Summary of Appropriations, pages II-34 through II-39

4. Staffing Detail, pages VII-14 through VII'22
Submitted,
Stacey Tamagni, Finance Director
J Page 57
05/23/2023 Item No.7.

ATTACHMENT 1

05/23/2023 Item No.7.

RESOLUTION NO. 11040
A RESOLUTION ADOPTING THE CITY MANAGER'S F'ISCAL YEAR 2023-24 OPERATINGANDCAPITALBUDGETSFORTHECITYoFFoLSoM'THE
suc-cniso"^f#ffi 5,":t"*RT31ti,K"ioo'3,ilHi#ltr"ir'JHoRrrY'AND WHEREAS, section 3.02.030 of the Folsom Municipal Code states "An Annual Budget shall be prepared by the City Manager, with the assistance of the Finance Director . ..."; and WHEREAS, on the gthday of May 2023,the City Manager presented to the City Council the FY 2023-24Proposed Operating Budget and Capital lmprovement Plan; and WHEREAS, the proposed Budget includes the budget recommenduttgtt of each office and department of the City, including the FY 2023-24 Proposed Budget for the Successor Agency, the Folsom public financing Authoiity and the Folsom Ranch Financing Authority as well as the FY 2023-24 Capita| Improvement Plan; and
WHEREAS, the proposed Operating Budget and Capital Improvement Plan (CIP) is on file and available for inspection on the City website; and WHEREAS, the City Council reviewed the Proposed Operating Budget, CIP, and all components thereof on May 9,2023 andMay 23,2023;
NOW' THEREFORE, BE IT RESOLVED by the city council of the city of Folsom that the summary of revenues, swnmary of appropriations by fund and staffing levels as attached to this resolution, are hereby uppropiiut"d-io the departments' offices and operations in the amounts and for the objects and purposes therein stated.

PASSED AND ADOPTED this 23rd day of May 2023,by the following roll-call vote:

AYES:

NOES:

ABSENT:

ABSTAIN:

Councilmember(s):

Councilmember(s):

Councilmember(s):

Councilmember(s):

Rosario Rodriguez, MAYOR
ATTEST:

Christa Freemantle, CITY CLERK
Resolution No. 11040
Page I of23

05/23/2023 Item No.7.

ATTACHMENT 2

05/23/2023 Item No.7.

Cityof Folsom FY2023-24 Budget
till:r ' |'
I ii ,.t,lrli( ,.
, irl!ili iljtl:

I Lltrl,:r it )t:,',,.il ! 1ii i.
.t i,:, i I :t r ii
I I llilijiil:i , |l iri:i'..iI
li,t riii.rt
,-.:lll 'r i\
il'
,irirll it.ilt,
irr,rllii;i tr
ll,rl' .1 ' ;
i:t.
llr!'l'fiii ,;,',i,.111.,1;::':ir, :,::, :\:,r:.,',,i1'.'t.\::.', l',,i. irlir .r, ll jri,.i;:ll1''ii''1:r;il|i,.iri,. r l,-l:r, iir',,,r:rlrir; ll I'l;.:

GneralFund $
$$
$
$
$ 817 745
$ 220,000
82000
2,W7,134
364,575
ffi,739
845,750
555,W2
3,082,679
ComrnrnityhvelopmentBlockCrant $
Transportation System Managenrnt
FolsomArts & Culturc Corrnission
Housing Trust
Huntug WillowGrek
GneralPlan
Tne Planting & Replacenrnt
Conrmnity Affordable Hous ing
ParkDedication
Planning Senices
local Transportation Tax
HistodcalDistrict
&s Tax- Road Maint & Repair
Cas Tax2l06
&s Tax2l07
Cas Tax2l07.5
Gas Tax2l05
MeasurcA
Traffic Congestion Relief
lns Ceros L&L
Briggs Ranch L& L
Natorn Station L& L
FolsomHeights L&L
Brcadstone Unit 3 L& L
Broadstone L & L
HannafordCross L&L
LakeNatornShorcs L&L
Cobble Hills/Refl ections L & L
kafuie 0aks Ranch L&L#2
SienaBtates L&L
Natorn Valley L& L
Cobble Ridge L& L
Pnirie Oaks Ranch L& L
SilverbrookL & L
WillowCrcekEastL&L
Blue Ravine Oala L& L
Steeplechase L&L
WillowCrcek South L& L
Anrrican River Canyon Nofih L & L
WillowSpdngs L&L
Willow Spdngs CFD 11 Mtn. Dist,
CFD#12Mtn.Dist.

CFD#13ARCMtn.Dist,
ARCNorth L& LDist. #2
The Residsnces at ARC, Notth L& L
Fols om Plan Ana-Sphere of Influence
Oaks at Willow Spdngs
ARCNorthL&LDist.#3
$ $
rt-z6

05/23/2023 Item No.7.

Summary of Revenues by Fand
787 $ 7
20,0m
CrneralFund
$
50,000
18,180
100,000
100,000
300,000
400,000
400,000
35,000
5,500
60,000
500
e00o
1,ffi
8,5:
7,000
25,000
250,000
30,000
6,000
3,000
100
15,000
14000
15,000
20,ooo
21,000
45,000
z00o
-
500
800
100
1,500
:
350
3,5m
1,500
l,5oo
z,)so
1,ffi
9,ffi
2s0
5m
5,ffi
25,000
1,ffi
2,2N
1,250
1,500
500
20,000
(5m) $
0,830
38,000
96,n8
2,735
l%,357
215,063
56,402
4MJ88
(40,376)
(45,000)
85 (1,106,134)
65/11)
(179,V20)
(401,28t

1.,710
(a7,579)
3s428
34,877
U,W4
21,718
18,481
(164,3W)
10,783
$,?n
16,48
(41,355)
(67,678)
(1,4(r)
1,2U
(48,288)
12,460
(33,868)
Q7,7n)
42,150
82,934
31,6U
8,611)
n,759
'187,351
78,579
(sfl\)
8,508
0,500)
(5m)
118,306
220,000
35,164
40,000
155,428
209ts
300t57
340,063
626402
914t88
s65f24
40,000
5,685
1,000,000
323,164
502Jt9
464465
s77.802
2,700,100
77428
115,877
258J44
43F18
41,581
224;701
30,883
40,522
60,428
243,645
17,672
70234
16,384
146pt2
13860
26,132
t0;748
43,150
2st9s4
t36p34
12329
194,559
1,4073.51
187,579
8,730
29;ts8
Cornrunity hvelopnrnt Block Ctant
Trans portation System Managenrent
FolsomArts & C\lture Connnission
Housing Trust
Humbug WillowCreek
CrneralPlan
Tree Planting & Replacerrnt
Connrmnity Affordable Housing
Parkhdication
Planning Services
lncal Trans portation Tax
HistoricalDistrict
Cas Tax - Road Maint & Repair
Cas Tax2106
Cns Tax2107
C-as Tax2107.5
Cas Tax2105
Measure A
Ttaffrc Congestion Relief
los Cenos L&L
BtiggsRanchL&L
Natorna Station L& L
FolsomHeights L&L
BroadstoneUnit3L&L
Broadstone L & L
Hannaford Closs L& L
take Natonra Shores L& L
Cobble Hills/Reflections L& L
Prairie Oaks Ranch L &, L #2
SienaBtates L&L
Natoma Valley L& L
Cobble Ridge L& L
Prairie Oals Ranch L& L
SilverbrookL & L
WillowCrcekEastL&L
Blue Ravine Oah L& L
Steeplechase L& L
WillowCreek South L& L
Anprican River Canyon North L & L
WillowSpringsL&L
Willow Springs CFD 1l Mtn. Dist.

CTD#12Mtn.Dist.

CFD#13ARCMtn.Dist.

ARCNorth L& LDist. #2
The Residences at ARC, Notth L& L
Folsom Plan Area-Spherc of Influence
Oah at Willow Springs
ARCNorth L& LDist. #3
1,000
40,000
81,000
174,650
21,4ffi
nlffi
389,000
20,1m
20,8oo
43,800
285,000
85,000
68,200
13,600
194500
36,2ffi
160,000
105,000
14500
115,800
595,000
108,000
12,3ffi
20,000
245,000
tt-27
383"306

05/23/2023 Item No.7.

Cityof Folsom FY2023-24 Badget
Blue Ravine Oah No.2 L& L
FolsomHeights #zL&L
Broadstone #4
CFD # 16 The Islands
Willow Cnek Btate East L & L Dist
Prospect Ridge L& LDist
CFD#lSMaintDist
CF'D#19Maint Dist
CF'D#23A1Maint Dist
CFD#23A2Maint Dist
CFD#23 A3 Maint Dist
CFD #23 A4 Maint Dist
Police SpecialRevenue
Zoo Special Revenue
Wetland Maintenance
CCFDebt Serice
GO School Facilities Bonds DS
Folsom South AD Refu nding
19821Nirrbus AD
Traffic SignalRefunding
Recrcation Facility COP DS
Folsom Public Financing Authotity
FolsomRanch A
SupplercntalParkFee
Parklnprovenrnt
Johnny Cash TmilAtt
Police Capital
Cbntral FolsomArea Capital Projects
Ftue Capital
GneralCapital
Trans portation InploYe[Fnt
Dainage Capital
Light Rail Trans potation
Crneral Park Equipment Capital
Waterlrpact
Libnry Developrrnt
Folsom Plan Arca Infastructurc
FolsomPlan Arca Transit Capital
Folsom Plan Area ft rp Yard Capital
Folsom Plan Arca Hway 50 htp
FolsomPlan Arca Hwy 50 Intch.

Folsom Plan Arpa Capital
Major Capital and Renovation
Prairie Oak 1915AD
CFD#l0Russell Ranch
:l :ilj,j ltrl
I i'rl
: ;:ti':r "\..,.rr
llirr
ilii,:IIr';t,)Ii
.l I'i'triIli:1,7
r.,,t :.1 !ti,
'i lri!(il
ri: rltirtilittt,
iir l
":
: t,r lrrtl,ti
lllt.rlii.-l i ii r\t rj rlr lrr;jiij ; l:r.
i liti i:r')r,,rirlt illtltlii,
i...IIt irIji : Il;|Irr:,:I IirrrrIrl:
6,ff,5,765
CFD#14 l
II.28

05/23/2023 Item No.7.

Summary of Revenues by Fund
Charges
for Senices
Flnes &
Forfeitures
Interest Transfers the of
trtndBalanceRerrnue Msc In Total
35,200
64000
93,000
188,000
73,000
40,000
980,000
200,000
170,000
20,000
25,000
20,000
25,000
D,W
2,4ffi
4,ffi
7,5m
1,400
400
20,000
10,0m
3,000
500
500
6,000
1,500
8,000
10,0m
7,5U
n,723
3%,M3
(67,707)
78,561
(6,734)
48,n4
0a,us)
(132,882)
6,ffi
(5,500)
10,000
21,203
156,500
42,525
45,104
95,723
489,063
t21 J93
tszp6t

33.f,66
1,048p24
61,975
40,118
26r500
20,000
30,000
s2203
190,000
50,525
Blue Ravine Oaks No. 2 L & L
IolsomHeights #2L&L
Broadstone #4
CFD # 16 The klands
Willow Crcek Estate East L & LDist
Prospect Ridge L& LDist
CFD #18 Maint dist
CFD #19 Maint dist
CFD#23 Al MaintDst
CFD #23 A2Maint Dst
CFD #23 43 Maint Dst
CFD #23 44Maint Dst
Police Special Revenue
Zoo Special Revenue
Wetland Open Space Maintenance
Suhotal Spcial Rewnue tr1tnt$ 6,293030 $ $ 609,500 $ 31,000 $ $ 355,431 $ 15.196830 2,500
10,000
$ 0i513,915) $ 11,125,085
Debt Senice trtnd
CCT hbt Service
G 0 School lacilities Bonds DS
Iolsom South AD Refunding
1982'l Nimbus AD
Traffrc SignalRefunding
Recreation Facility COP DS
Iolsom Public linancing Authority
FolsomRanch Financing Authority
Suhotal Deh Senice trUntt
(2,5m)
(10,000)
0,501,415) 4,141,441
61993,644
5,&2,856
6,983,ffi
$ 12,626,500 $ 12,500 $$ $
100,560
152,010
583,400
100,000
51,015
100,188
57,705
482,730
64,000
3,ffi
75,000
2,ffi
20,000
2,ffi
30,000
{,ffi
20,000
i0,000
2,000
fl,ffi
300
90,000
30,000
70,000
170,000
400,000
1,250
10,000
15,000
17,0m
Q,639)
100,393
51,000
08,3q0
(1,828)
QI,W)
(170,553)
36,719
1,026,rM
152,614
(1,688)
794,421
(3oo)
(1,203,536)
(640,412)
(1,099,034)
Q,3ffi,270)
(9,957,917)
48,750
(9,411)
(15,000)
$ (13i358,958)
361
658,123
70,000
5,604
172
781583
11,451
7,325,884
1,146,106
213,629
100,500
912,126
50,000
st2s6
100,000
100,000
1,468$17
50,000
589
Capital Project F[n&
Supplemental Park lee
Park Improvenrnt
Johnny Cash TtailArt
Police Capital
Cbntral Iolsom Aroa Capital Projects
Fire Capital
Crneral Capital
Trans portation ImprovenFnt
Drainage Capital
Light Rail Trans portation
Gneral Park Equiprnent Capital
Water Inpact
Library Developnrent
Iolsom Plan Area Infrastructure
FolsomPlan Area Tmnsit Capital
IolsomPlan Arca Corp Yard Capital
Folsom Plan Area Hwy 50 Inp
IolsomPlan Arca Hwy 50 Intch
FolsomPlan Area Capital
Major &pital and Renovation
Praide Oak 1915 AD
CFD # 10 Russell Ranch
CFD # 14 Parkway II
S uhotal Ca$tal Project Flrnd
1,163,536
661,ffi8
1,129,034
2,D6,n0

11.,026,234
$ 17,9681350 $ $ 1,050,550 $ 17,000 $
tt-29
$ 12342J07

05/23/2023 Item No.7.

Cityof Folsom FY2023-24 Badget
: l,ji,r..,\, .t,i. i: 111r;'q,r1i,
:l l llll lrl''
:, . i r',,,1i
. I |:t: (rl
rji :lii,i;itirl
'rl '.r l
li'l )r'rr ii
,',tji.til,r,.
r,ii;1.i.r,1'.rllrl,. t it
, ) \r,'.rl tl i lr i
l: i'f l'r {,t,tti,tlrlti
I r ttlii
'1, 1,r'.r:,1i
'j:,,tlt tlrl':'i
i.,.i,t lt: tll
1') :r i )
i i lrl.li ir
il 'l t;ti :

I rtirl 'lr lt'':r,
l, \,, ltlrirri
rl lri litlr.'
ii ".i
I tii: rfi i., I' ii, it;rirli
ii,r,i.'
;r1;1r1,1;11,r llr;1;r:,
,,it r r:itilli lrili, ilr(]', t
Water
WaterCapital
WaterMete6
Wastewater
WastewaterCapital
CriticalAugnnntation
GneralAugmentation
Solid Waste
Solid Waste Capital
landfrllClosurc
Solid Waste Plan Arca
Capital Replacenrent
RiskManager,rent
lpaves
Assessmsnt&CFDAgencyFunds $
Redevelopnrnt Prop TaxTrust
Redeveloprrent SA Trust - Housing
FolsomPlanArca Plan Fee
$ $ $$$ $ $
t20Ats
$ $ $ $ $ $
3,ffi,416
II-30

05/23/2023 Item No.7.

Summary of Revenues by Fund
$ l9,oo3,3oo $
l%805
n5,m
11,963,1ffi
79,950
25,811000
125,7&
20,689,088
$ 17,052,731 $
30,000 1,000
128,300 $
85,000
1,500
1m,000
50,000
50,000
38s2A
$ q2a7 $ 0,833,140) $
- (12,ffi)
- 0,500)
$ ?.?5,ffi $
65,000
15,000
200,000
15,000
300
500
u5,m0
5,500
45&000
,*'y 3,(f,21n
4,655
|n,96
(1,2n460)
20,987
(253)
pn
(3,910,507)
(45,610)
$ $ 23,190fl3.00
322,460
412,966
t0.87u,40
115,937
47 103
22,607,909
85,650
100,000
Water
WaterCapital
WaterMeteru
Wastewater
WastewatsrCapital
CriticalAugmentation
CrneralAugnrcntation
Solid Waste
Solid Waste Capital
Landfill Closun
Solid Waste Plan Arca
Capital Replacenrnt
RiskManagenrnt
lpaves
Assessrpnt & CFDAgency Funds
Redeveloprnnt Prop TaxTrust
Redevelopnrnt SA Trust - Housing
FolsomPlanAna Plan Fee
1 98,nI
43s462
20,869,009
15,439,098
3;t38;7s6
$
:i liitt r'
.:l i.1,i: .l
''1.'
.il.,trlri
iir :)
rlt j :ltl;j: .rrl
r'rtilr I I ,'
ili ., I !i tr.
lr l; ', i,i iiir: li:l rl, I .t,('jr :l,rijil
i,ilrii
II.31

05/23/2023 Item No.7.

Cityof Folsom FY2023-21 Budget
tt-32

05/23/2023 Item No.7.

ATTACHMENT 3

05/23/2023 Item No.7.

Ctty ofFobom ff 2023-21 Budget
Creneral Fund
Community Development Block Gant
Traffic Sys tem Managernent
FolsomArts & Culture Corrrnission
Housing Trust
Humbug WillowCreek
CeneralPlan
Tree Planting & Replacement
Community Affordable Hous ing
ParkDedication
Planning Services
Local Transportation Tax
Historical District
C-as Tax- Road Maint & Repair
Gas Tax2l06
Cas Tax2lOT
Cas Tax2lo7.5
Gas Tax2l05
Measure A
Traffic Congestion Relief
hs Ceros L&L
Briggs Ranch L& L
NatomaStationL&L
FolsomHeights L&L
Broadstone Unit 3 L&L
Broadstone L& L
Hannaford Cross L& L
I-ake Natoma Shores L & L
Cobble Hills/Reflections L& L
Prairie Oaks Ranch L&L#2
SierraEstates L&L
NatomaValley L&L
CobbleRidgeL&L
Prairie Oaks Ranch L& L
SilverbrookL & L
Willow Creek East L & L
Blue Ravine Oaks L & L
Steeplechase L& L
WillowCreekSouth L& L
American River Canyon North L & L
WillowSprings L&L
WillowSprings CFD 1l Mtn.Dist.

CFD#l2Mtn. Dist.

CFD#13 ARCMtn. Dist.

ARCNorth L&LDilST,#2
The Residences at ARC, North L& L
Fols om Plan Area-Sphere of Influence
Oaks at Willow Springs
ARCNorth L& L Dist. #3
$47 r43 $
$
$
$s$ 22O,M
35,000
40,000
155,000
20,000
300,000
305,750
615,300
400,000
350,000
40,000
5,500
70,742
99,043
219,943
43,15O
40,800
164,000
25,812
36,388
49,068
242,43
15,569
60,731
' 14,262
79,6N
11,730
25,N0
10,100
37,650
24O,&3
133,500
12,000
777,488
1,330,256
165,r95
8,350
z+,355
418,100
-',,' r' I ,::i;ij
i-: ;r,;'
.l .l r,,t1r'
tt-34
363,165

05/23/2023 Item No.7.

Sammary ofAppropriations by Fand
1$ 108 General Fund
Connnunity Developrnent Block Cirant
Traffi c Sys tem Managerrrcnt
FolsomArts & Culture C-onrnission
Housing Trust
Humbug WillowCreek
C'eneral Plan
Tree Planting & Replacernent
Corrrrmnity Affordable Hous ing
ParkDedication
Planning Services
Local Transportation Tax
Historical District
Cas Tax- Road Maint & Repair
Cas Tax2l06
Cg;s Tax2l07
@sTax2I07.5
Cas Tax2105
Measure A
Traffrc C.ongestion Relief
LosCrrrosL&L
BriggsRanchL&L
NatornaStationL&L
FolsomHeights L&L
BroadstoneUnit3L&L
Broadstone L & L
HannafordCrossL&L
I-ake Natorna Shores L & L
Cobble Hills/Reflections L & L
Prairie Oaks Ranch L &L#2
SierraEstates L&L
Natorna Valley L &L
CobbleRidgeL&L
Prairie Oals Ranch L & L
SilverbrookL & L
WillowCreekEast L& L
Blue Ravine Oaks L & L
Steeplechase L & L
Willow Creek South L & L
Arnerican River Canyon Nofth L & L
WillowSprings L&L
WillowSprings CFD 1l Mtn.Dist.

C.FD#l2Mtn. Dist.

CFD #13 ARCMtn. Dist.

ARC North L &LDist. #2
The Residences at ARC, North L & L
Fols om Plan Area-Sphere of Influence
Oaks at Willow Springs
ARCNorthL&LDist.#3
7&
220,noo
35,164
40,000
1551428
20,915
300,357
340,063
626,402
914,788
365,624
40,000
51685
1,000,000
32t164
502o7t9
46446s
577 r8O2
2,700,1oo
77 0428
ll5,g77
258,744
43,618
41,581
224,701
30,883
40,522
6U428
243,645
17 1672
70?34
16,384
1462,t2
13,960
26,132
to;748
43,150
251,934
136,,934
12,329
194,559
l1407r35l
187,579
8J30
29Js8
500,ooo
1,ooo,ooo
350,000
1,985,000
428
975
357
34,313
ll,lw
14,788
15,624
323,1&
502,719
4&,465
227,8U
297,offi
185
6,686
16,834
38,801
468
78t
60,701
5,071
4,134
11,360
1,2O2
2,1o3
9,5O3
2,122
6,612
2,23O
1,132
&8
5,500
71,291
3,434
329
17,077
77,095
22,384
380
5,403
141
II-35
l8l;.0fPage 70
05/23/2023 Item No.7.

Cityof Folsom Ff 2023-21 Budget
t\t r:t ir tiii:l lr.,, i tl:r r:1. ,-i. 'lL:: ,,, ..r'i . lr.:l :,.i.,,,tli..,rlr,jr':

Blue Ravine Oaks L&LDtst.#z
FolsomHeights L & LDist. #2
Broadstone #4
CFD #16 The Islands
Willow Creek Estates East L & L Dist
ProspectRidgeL&LDist
CFD #18 Maint Dist
CFD #19 Maint Dist
C.I,,D#23 Al MaintDist
GD#23 A'2 Maint Dist
CFD#23 A3 Maint Dist
Cf,.D#23 ,A'4 Maint Dist
Police SpecialRevenue
Zoo Special revenue
Wetland Maintenance
CCF Debt Service
GO School Facilities Bonds DS
Folsom South AD Refunding
1982-l Nimbus AD
Traffrc SignalRefunding
Recreation Facility COP DS
Fols om Public Financing Authority
FolsomRanch A
Supplerrrcntal ParkFee
Park Inprovernent
Johnny Cash TrailArt
Police C-apital
Central Folsom Area Capital Projects
Fire Capital
C-eneral Capital
Trans portation Irrprovenrcnt
Drainage Capital
Light Rail Trans portation
Crneral Park Equipnrnt C-apital
Water Inpact
Library Developnrcnt
Folsom Plan Area Infrastructure
FolsomPlan Area Transit C-apital
FolsomPlan Area Corp Yard Capital
FolsomPlan AreaHwy 50 Inproverrcnt
FolsomPlan Area Hwy 50 Interchange
Fols om Plan Area Capital
Major C-apital and Renovation
Prairie Oak 1915 AD
CFD #10 RussellRanch
39,380
88,351
4',74,9M
lll,029
135,331
27,UO
865,000
65,637
29,660
26,500
20,000
30,000
50,000
20,000
$ $ $ $
$$ $$
126,335
70,000
10,000
275,000
155,000
15,000
100,000
605,000
50,000
50,000
100,000
100,000
36F.,060
50,000
CFD#14 il
II.36

05/23/2023 Item No.7.

Summary by Fund
5,724
7,372
74,159
16,7&
17,630
6,&6
183,224
2]js
10,458
45,1O4
95,723
489,063
127,793
t52o96t
33,666
1,048224
67,975
40,118
26,500
20,000
30,000

52.203
190,000
Blue Ravine Oaks L & LDist. #2
FolsomHeights L & LDist. #2
Broadstone #4
CFD #16 The Islands
Willow Creek Btates East L & L Dist
ProspectRidgeL&LDist
CFD # 18 Maint Dist
CFD # 19 Maint Dist
CfD#23 Al MaintDist
Cf,D#23 A2Maint Dist
Cf,D#23 .A'3 Maint Dist
CFD#23 A.4Maint Dist
Police Special Revenue
Zoo SPecialRevenue
Wetland Maintenance
CCF Debt Service
GO School Facilities Bonds DS
Folsom South AD Refunding
1982-l Nimbus AD
Traffic SignalRefunding
Recreation Facility COP DS
Fols om Public Financing Authority
FolsomRanch
SuPPlemental Park Fee
ParkInProvenrcnt
Johnny Cash Trail Art
Police Capital
Central Folsom Area Capital Projects
Fire Capital
Crneral Capital
Transportation InProvenrent
Drainage Capital
Light Rail Trans Portation
General Park Equipnrent C-ap ital
Water Inpact
Library DeveloPnrent
Folsom Plan Area Infrastructure
FolsomPlan Area Transit CaPital
FolsomPlan Area Corp Yard C-apital
FolsomPlan Area Hway 50 Inprovenrcnt
FolsomPlan Area Hwy 50 Interchange
Fols om Plan Area CaPital
Major Capital and Renovation
Prairie Oak 1915 AD
CFD #l0RussellRanch
4,050,234
2,203
170,000
s25
97,24
8,861
1,256
150,295
4rl4l,44l
500000
st2s6
100,000
100,000
1,468317
50r000
361
522,927
6,777,24O
937,307
100,000
5,6M
772
78,583
1,457
273,644
53,799
98,629
500
307,126
361
6580123
70,000
5,604
t72
78,583
ttAsT
7325,884
l,1461106
213,629
100,500
912,126
589
951,962
tr-37
s89
CI'D#I4

05/23/2023 Item No.7.

City of Folsom FY2023-24 Budget
Water
Water C-apital
WaterMeters
Wastewater
Wastewater Capital
Critical Augmentation
Crneral Augnrentation
Solid Waste
Solid Waste Capital
Landfill Closure
Solid Waste Plan Area
C-apital Replacenrent
RiskManagernent
Leaves
Assessnent & CFDAgency Funds
Redeveloprnent Prop Tax Trust
Redeveloprnent SA Trust - Housing
FolsomPlan Area Plan Fee
$ 3,795,497 $ 2,589,958 $
1,979,35r 1,435,294
4,740,376 3,512,580
$ $
155,254 ll,4g2,3t
7,559,854
300,000
400,000
2,756,776
90,000
9,421,783
85,000
100,000
I
$
9,310,916
$ 2,053,762 $
$ 365,000
215,000
2,976,576
$
$$
''. ll: r'; r': .i\r', !
II-38

05/23/2023 Item No.7.

Summary ofAppropriations by Fand
$ 1,842,428 $ 6,152,379 $
4,367,14O
301,000
$
$ 12,980,2N
3,738,756
$
896,657
22,460
12,96
717,679
25,937
47 103
1,655,593
650
$ 435,262 $
Water
WaterCapital
WaterMeters
Wastewater
Wastewater Capital
Critical Augnrcntation
Creneral Augnrentation
Solid Waste
Solid Waste Capital
I-andfill Closure
Solid Waste Plan Area
Capital Replacerpnt
RiskManagerrrnt
ated l-eaves
Assessnrent & CFD Agency Funds
Redevelopnrcnt Prop Tax Trust
Redeveloprnent SA Trust - Housing
FolsomPlan Area Plan Fee
$ 23,190J73
322460
412,966
to,87t24O
t15,937
47 103
22,607908
85,650
100,000
1 $s462
20,869,009
$
$ 405,696 $ 15,439,098
- 3J38,756
,.jr.,l
i,j- t\" i ;'rjr
'.,:::, l.:i i,. i,..t
i' ,. :,i tri ii
r i 'i'r'1:, : !.'],' ..,,] .lt),;t:, ,, ' , : '! \.,' '' . :,ilt.,Llril i:it'i.tr 'll:' t itlt:t, i rlrl.i) i l:ilirli
. lrr,i,trri '.illl')i 'lii:{i
1',;1;:i'i' iili :iL :i,lt ,l tiil:,,r
II.39

05/23/2023 Item No.7.

ATTACHMENT 4

05/23/2023 Item No.7.

Stffing Detail
Below is a comparison of full time (FT) and permanent part time (PPT) positions for the FY 2020 through FY 2023 Budgets and the proposed FY 2023-24 Budget. All positions are listed as full-time equivalent except for City Council which is listed as number of members.

Fr20
Approrcd
Fr21
Approrcd
FV22
Approrrcd
w23
Approrrcd
Fy24
Proposed
City Council
Mayor
CouncilMember

1.00 4.00

1.00 4.00

1.00 4.00

1.00 4.00

1.00 4.00
Total City Council 5.00 5.00 5.00 5.00 5.00
City Manager's Office
Administration
City Manager 1.00 1.00 1.00 1.00 i.00
Assistant City Manager 0.50 0.50 0.75 0.75
Administrative Sqport Specialist 1.00 1.00 1.00 1.00 1.00 Public Information
Communications Director 1.00 1.00 1.00 1.00 1.00
Communicatiors & Marketing Specialist 1.00 1.00 1.00 1.00 1.00 Total City Manager 4.50 4.50 4.75 4.75 4.00
City Attorney
City Attomey
Deputy/Asst C fy Attomey
LegalAmlyst
Legal Secretary

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00
Total City Attomey 4.00 4.00 4.00 4.00 4.00
City Cle*
City Clerk
Deputy City Clerk
Assistant Cfu Clerk
City Clerk Technician II

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00 1.00
Total Citv Cled< 3.00 3.00 3.00 3.00 3.00
Community Development
Administration
C ommunily Development Director
Administrative As s istant
Senior Office Assistant

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

2.00 1.00

2.00 vII-14

05/23/2023 Item No.7.

Cityof Folsom FY2023-24 Budget StafJing Detail
Fr20 r-y2l
Anororrcd
F-v22
Amrorrcd
F"r23
Anororrcd
F-V24
Pronosed
Community D eve lopme nt (cont.)
Building
Building Inspector I/II
Building Plans Coordinator
Building Technician I/II
Plan Check Engineer
Building Inspection Supervisor
Principal C ivil Engineer
Senior Civil Engineer
Code Enforcement
Code Enforcement Offcer I/II
C ode Enforcement S upervisor
Engineering
Arborist
Urban Forester
Senior Construction Inspector
Engineering Technician I/II
City Engineer
Senior Civil Engineer
Planning
Planner I (Asst)/Planner II (Associate)
Planning Manager
Principal Planner
Senior Planner

1.00 1.00 1.00 1.00

2.00 1.00

2.00 2.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 2.00

2.00 1.00

2.00 1.00

2.00 1.00

2.00 2.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 2.00

2.00 1.00

2.00 1.00

2.00 1.00

2.00 2.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 2.00

2.00 1.00

2.00 1.00

2.00 1.00

2.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

2.00 2.00

1.00 2.00

1.00 3.00

2.00 2.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

2.00 2.00

1.00 1.00

1.00 Total Communitv D eve lopment 26.00 26.00 26.00 26.00 27.00 Fire Department
Administration
Fire Chief
Fire Division Chief
Accounting Technician I/II
Administrative Te chnician
Administrative As sistant
Offce Assistant
S enior Equipment Mechanic
Senior Office Assistant
Emergency Operations
Fire Division Chief
Fire Battalion Chief
Fire Captain- Suppression
Fire Engineer
Firefighter

1.00 1.00

1.00 1.00

1.00 2.00

1.00 15.00

15.00 36.00

1.00 1.00

1.00 1.00

1.00 2.00

1.00 15.00

15.00 36.00

1.00 2.00

1.00 1.00

1.00 1.00

2.00 15.00

15.00 36.00

1.00 2,00

1.00 1.00

1.00 1.00

2.00 15.00

15.00 46.00

1.00 2.00

1.00 1.00

1.00 1.00

1.00 2.00

15.00 15.00

48.00 v[-15

05/23/2023 Item No.7.

City of Folsom FY 2023-24 Budget Staffing Detail
F r20 F"r2r
Arnrorrcd
FV22
Amrorrcd
FY23 Ev24
Prornsed
Fire Department (cont.)
Fire Prevention
Deputy Fire Marshall
Fire Prevention Officer

1.00 2.00

1.00 2.00

1.00 2.00

1.00 2.00

1.00 1.00
'Total Fire 77.00 77.00 78.00 88.00 90.00 ,
Human Resources
Human Resornces Director
Human Resources Manager
Administrative Assistant
Human Resources Technician I/II
S enior Management Analyst

0.25 0.50

1.00 2.00

2.00 1.00

2.00 2.00

1.00 1.00

2.00 2.00

1.00 1.00

2.00 2.00

1.00 1.00

2.00 2.00
Total Human Resources 5.25 5.50 6.00 6.00 6.00 ,
Libnary
Lhrary Director
Administrative As s istant
Librarian
Library Assistant
Lhr ary C irculation C o ordinator
Lhrary Technician
Marketing & Graphics Coord
Irad SeniorLhrarprn

1.00 1.00

2.00 4.00

1.00 2.00

0.75 1.00

1.00 1.00

2.00 4.00

1.00 2.00

0.75 1.00

1.00 1.00

2.00 4.00

1.00 2.00

1.00 1.00

2.00 4.00

1.00 2.00

1.00 1.00

2.00 4.00

1.00 2.00

1.00 1.00 1.00
Total Library 12.v5 12.15 12.00 12.00 12.00
Office of Management andBudget
Administration
Chief Financial Officer/Finance Director
Finance Director
Administrative Assistant
Disbursements
Disbursements S pecialist
Payroll Specialist
Disbtnsements Technician
Revenue
Revenue Technician I/II
Revenue/D isbwsements Mana ger
Revenue Supervisor
S enior Revenue Technician
Financial Services
Accounting Technician II
Financial Specialist

0.25 1.00

1.00 1.00

2.00 1.00

4.00 1.00

1.00 1.00

1.00 1.00

1.00 2.00

1.00 4.00

1.00 1.00

1.00 1.00

2.00 1.00

1.00 2.00

1.00 1.00

1.00 2.00

1.00 1.00

2.00 1.00

1.00 1.00

2.00 1.00

1.00 2.00

1.00 1.00

1.00 1.00 1.00

1.00 1.00 1.00

3.00 3.00 3.00

1.00 1.00
vrl-16

05/23/2023 Item No.7.

Cityof Folsom FY2023-24 Budget Stafring Detail
:r,,r I ril
a.|,.'.il; ri:
. .:, ;".,'. I
l,t: I 'lrt';111
:;, i j .,.
;..i; t :ii\', Ii
,ii\i:,; :
,:'i r', i (it).'.ili r
)r.r' ,, /, .
l l :,,:itl
Office of Management and Budget (cont )
Financial Seryices
Senior Financial Ana$st
Deprty Tieasurer
Financbl Services Manager
Infomation Systems
Information Systems Manager
Information Systems Ana$st
Information Systems Technician I/II
GIS Anab/st
GIS Technician

2.OO

1.00 1.00

1.00 3.00

1.00 2.00

1.00 1.00

1.00 3.00

2.00 1.00

1.00 1.00

3.00 2.00

1.00 1.00

1.00 2.00

1.00 1.00

2.00 1.00

1.00 1.00

2.00 1.00

1.00 r.00

1.00 1.00 1.00
Process
Parks & Recrreation
Administration
Parks & Recreation Director
Administative Assistant
Marketing & Graphics Coordinator
Management Analyst
Senior Management Analyst
Park Maintenance
Maintenance Specialist
Maintenance Worker Vtr
Parks/F acilities Maintenance Manager
Parks Sr.pervisor
Senior Maintenrance Worker
Park Development
Park Planni€Manager
Senior Park Planner
Trails
Senior Trails Planner
7no
ZnoManager
Zoo Sr.pervisor
Zookeeper I / tr
LeadZnokeeper
Recreation Coordinator I
Recreation Coordinator II
S enior Recreation C oordinator

1.00 1.00 1.00 1.00

1.00 3.00

1.00 1.00

2.00 1.00

1.00 1.00

2.00 5.00

1.00 1.00

1.00 3.00

1.00 1.00

2.00 1.00

1.00 1.00

2.00 5.00

1.00 1.00

3.00 1.00

1.00 2.00

1.00 1.00

1.00 2.00
s.00

1.00 1.00

3.00 1.00

2.00 1.00

1.00 1.00

2.00 5.00

1.00 1.00

3.00 1.00

2.00 1.00

1.00 1.00

2.00 1.00 1.00

1.00 1.00 1.00 1.00 1.00

1.00 1.00 1.00 1.00 1.00

1.00 1.00 1.00 1.00 1.00

1.00 s.00
illr ':; i.,,i,,,f '. ., t.'t , t,".', I!il.i': lriL ;'l!.1 ..I .t,n.,, ,' .. t,.: ,,i.il ti1 r:,llrj, t; ll I i VII.17

1.00 1.00 1.00

1.00

05/23/2023 Item No.7.

Cityof Folsom FY2023-24 Budget Staffing Detail
F"Y20
Approrrcd
F.v2t
Approrrcd
FY22
Amrorrcd
nr23
Apuorcd
F-Y24
Promsed
Parhs & Recreation (cont.)
Aquatics
Recreation Coordinator I
Recreation C oordinator [I
Recreation Manager
Recreation Supervisor
S enior Maintenance Worker
Community & Cultural Services /
Community Facilities
Commurity & Cultwal Services Manager
Recreation C oordinator I
Recreation Coordinator II
Recreation Supervisor
S enior Recreation C oordinator
Recrrcation / Sports Complex
Recreation Coordinator I
Recreation C oordinator II
Recreation Supervisor
S enior Recreation C o ordinator
Facility Services
Facilities Maintenance Supervisor
S enior Buildrng Tradesworker
Building Tradesworker I/II
Municipal Landscaping
Llghtng & Landscape District Manager
Construction Inspector I
C onstruction Inspector II
lrigation Systems C oordinator
Maintenance S tpervisor
S enior Maintenance Worker
Maintenance Worker I/II

0.50 1.00

1.00 1.00

3.00 1.00

1.00 1.00

3.00 1.00

1.00 1.00

1.00 1.00

0.50 1.00

1.00 3.00

1.00 1.00

1.00 1.50

1.00 1.00

1.00 3.00

1.00 1.00

1.00 00
00 00

1.00 0.s0

1.00 1.00

1.00 1.50

1.00 1.00

1.00 3.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

3.00 1.00

1.00 1.00

3.00 1.00

1.00 1.00

1.00 1.00

2.00 1.00

2.00 1.00

1.50 1.00

1.00 1.00

3.00 1.00
r.00

1.00 1.00

1.50 1.50
00 00
1 1
1 1
00 00
00 00
00 00
00 1
1 aJ
1 1

1.50 1.00

1.00 1.00
.00
.50
.00
.00
1 1
1 1
00 00
1 1

1.00 1.00 1.00
1 1
1 .00
.00
.001
1 1 1.00 2.00 2.00
Total Parks & Recreation 48.00 48.00 48.00 49.00 49.00
Police Department
Administration
Police Chief
Police Commander
Administrative As s istant
Administrative Technic ian
Police Sergeant
Police Officer

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

2.00 1.00
00 00
1 I
VII.18

05/23/2023 Item No.7.

City of Folsom FY 2023-24 Budget Staffing Detail
F"r20
Annrorrcd
w2l
Approred
F-Y22
Amrorrcd
F"r23 FY24
Promsed:

Police Department (cont.)
Support Services
Police Commander
Police Lieutenant
Police Support Services Manager
C ommunications S upervisor
Dispatcher I/II
Administative Te chnic ian
Senior Records Clerk
Police Records Clerk
Police Records Clerk - PPT
Police Records Supervisor
Operations
Police Commander
Community Service O fficer
Police Lieutenant
Police Sergeant
Police Corporal
Police Officer
Police Volunteer Coordinator
Investigations
Police Lieutenant
Police Sergeant
Police Officer
Property and Evidence Technician
Community S ervice O fficer
Crime & Intelligence Analyst
Animal Care Services
Animal Control Officer

1.00 1.00

3.00 13.00

1.00 1.00

2.00 0.50

1.00 1.00

1.00 3.00

9.00 5.00

43.00 1.00

1.00 2.00

10.00 2.00

1.00 1.00

3.00 13.00

1.00 2.00

0.50 1.00

1.00 1.00

3.00 9.00

5.00 43.00

1.00 1.00

2.00 10.00

2.00 1.00

3.00 13.00

1.00 2.00

0.50 1.00

1.00 3.00

9.00 s.00

43.00 1.00

1.00 2.00

10.00 3.00

1.00 1.00

3.00 14.00

1.00 2.00

0.s0

1.00 3.00

9.00 5.00

44.00 1.00

1.00 2.00

10.00 3.00

1.00 3.00

14.00 1.00

2.00 0.50

1.00 3.00

8.00 s.00

45.00 1.00

1.00 2.00

10.00 5.00

1.00 001 1.00 1.00

1.00 1.00

1.00 1.00 2.00 2.00
Total Police De nt 107.50 107.50 107.50 110.50 113.s0
Public Works Department
Adminis tration / Engine e ring
Public Works Director
Administrative As sistant
Construction Inspector I/II
Engineering Technician I/II
PWUtilities S ection Manager
Office Assistant
Senior Civil Engineer
Senior Management Analyst
Senior Office Assistant

0.80 1.00

1.00 1.00

1.00 1.00

3.00 0.7s

3.00 0.75

1.00 3.00

0.75 1.00

3.00 0.75

1.00 1.00

3.00 0.75

1.00 .80
.00
.00
.00
0 1
1 i
1 0.80

1.00 1.00

0.80 1.00

1.00 1.00

1.00 0.80

1.00 1.00

1.00 1.0000
VII-19

05/23/2023 Item No.7.

Cityof Folsom FY2023-24 Budget Staffing Detail
Hr20
Approrrcd
FV2t
Approrad
YT22
Approwd
F"r23
Anprorrcd
F.Y24
Proposed
Public Wor{<s Department (cont.)
Fleet Maintenance
PW / Utilities Section Manager
Fleet / Solid Waste Manager
Administrative As s istant
Inventory Clerk
kad Senior Mechanic
Mechanic II
Maintenance Worker I/II
Senior Equpment Mechanic
Streets
Maintenance Specialist
Maintenance Worker I/II
Mechanic tr
Senior Mainteniance Worker
Streets Operatiors Stpervisor
Traffic Maintenance
Associate Civil Engineer
Maintenance S pecialist
Senior CivilEngineer
S enior Maintenance Worker
Senior Traffic Control & Llghtmg Technician

0.35 0.20

0.10 1.00

1.00 4.00

0.10 1.00

3.00 4.10

1.00 1.00

1.00 2.00

1.00 1.00

3.00 0.3s

0.20 0.10

1.00 1.00

4.00 0.10

1.00 3.00

4.t0

1.00 1.00

1.00 1.00

1.00 1.00

4.00 0.35

0.35 0.10

1.00 1.00

4.10 3.00

4.00 0.10

1.00 1.00

1.00 1.00

4.00 0.3s

0.35 0.10

1.00 1.00

4.r0

3.00 4.00

0.10 1.00

1.00 0.35

0.35 0.10

1.00 1.00

4.t0

4.00 4.00

0.10 1.00

1.00 1.00 1.00 1.00
00 00
1 1 1
1 1
1 4
1 I
I
I
4 00
00 00
00 00
00 00
00 00
00Traffic Contol& Technician I/II
Total Public Works Department 34.40 34.40 34.55 34.55 34.55 Envircnmental and Water Resounces
Wate r Re s ource s Administration
Director
Administrative As s istant
Administrative Technician
Associate C ivil Engineer
Engineering Technician I/II
Marketing & Graphics Coord
PW / Utilities Section Maniager
Electrical & Instrument Technician
Senior CivilEngineer
Senior Office Assistant
1 1
00 00

1.00 1.00

0.25 1.00

1.00 2.00

1.00 1.00

1.00 0.25

1.00 1.00

2.00 1.00

1.00 1.00

1.00 1.00

2.00 2.00

1.00 1.00

1.00 1.00

1.00 1.00

1.00 2.00

2.00 1.00

1.00 1.00

1.00 1.00

1.00 1.00

2.00 2.00
00 00
1 I
00 00
1 1
vIr-20

05/23/2023 Item No.7.

Cityof Folsom FY2023-24 Budget Stalling Detail
F"r20
Amrorrcd
FY2I
Approrrcd
YY22
Annrorrcd
FT23
Amrorrcd
r.Y24
Promsed
Envirunmental and Water Resources (cont.)
Wastewater
Revenue Technician I/II
S enior Wastewater C ollection Technician
Wastewater C o llection Supervisor
Wastewater C o llection Tech VII
Water Conservation
Water Management C oordinator
Water Management Sp ecialist
Wate r Utility Maintenance
Senior Water Utility Worker
Utility Maintenance S upervis or
Water Utilrty Worker I/II
Water Treatment Plant
kad Plant Mechanic
Plant Mechanic
Senior Office Assistant
Water Treatment Plant Chief Operator
Water Treatment Plant Operator III
Water Treafinent Plant Operator I / tr
Water Treafinent Plant SuPervisor
Water Quality
Water Distfurfrion Chief OPerator
Water Distrfoution Operator I/II
Water Distrbrfion Operator III
Water Qualiry Technician
Water Disfi bution S upervisor
WaterMetering Program
Utiliry Maintenance Srpervisor
Senior Water Utilfy Worker
Senior Water Meter Worker
Water Utility Worker I/II

2.00 1.00
1 1.00

1.00 2.00

1.00 1.00

5.00 1.00

1.00 1.00

1.00 3.00

1.00 1.00

1.00 3.00

1.00 1.00

1.00 1.00

3.00 2.00

1.00 11.00

1.00 2.00

1.00 1.00
s.00

1.00 1.00

1.00 1.00

3.00 1.00

1.00 1.00

3.00 1.00

1.00 1.00

1.00 2.00

1.00 1 1.00

1.00 2.00

1.00 1.00
s.00

1.00 4.00

1.00 1.00

1.00 3.00

1.00 1.00

1.00 1.00

1.00 2.00

1.00 11.00

1.00 2.00

1.00 1.00

5.00 1.00

4.00 l.00

1.00 1.00

3.00 r.00

1.00 1.00

1.00 1.00

2.00 1.00

11.00 1.00

2.00 1.00

1.00 6.00

1.00 4.00

1.00 1.00

1.00 3.00

1.00 1.00

1.00 1.00

1.00 1.00 1.00 1.00

3.00 3.00 4.00 4.00
Total Environmental and Wate r Resources
vtt-z1

53.25 53.25 53.00 56.00 58.00

05/23/2023 Item No.7.

City ofFolsom FY 2023-24 Budget Staffing Detail
Solid Waste Department
Solid Waste Collections
Public Works Director
PW / Utilities Section Manager
Solid Waste / Fleet Manager
Solid Waste Manager
Solid Waste Srpervisor
Administative As sistant
Account Technician
S enior Management Analyst
Maintenance Worker I/II
Mechanic tr
Refirse Driver
Senior Mairfenance Worker
Senior Offce Assistant
Hazardous Materials
Environmental S p ec ialist
Hazardous Materials Coordinator
Maintenance Specialist
Senior Environmental Specialist
Recycling
Environmental Specialist Srpervisor
Environmental Specialist

0.20 0.65

0.80 1.00

0.90 1.00

0.25 1.80

1.00 31.00

2.00 3.00

0.20 0.65

0.80 1.00

0.90 1.00

0.25 0.20

0.65 0.65

1.00 0.90

1.00 0.25

1.00 1.80

37.00 2.00

3.00 1.00

1.00 1.00

0.20 0.65

0.65 0.20

0.65 0.65

1.00 1.00

0.90 1.00

0.2s

1.00 1.80

39.00 2.00

3.00 80
00 00
00 00
I
1 31
2 J

1.00 0.90

1.00 0.25

1.00 1.80

38.00 2.00

3.00 1
1 1
00 00
00 00

1.001.001.001.00
I
1 1
.00
.00
I
1 1
.00
.00
.00

1.00 1.00

1.00 r.00

1.00 2.00Senior Environmental 2.00 2.00
Yrr-22

05/23/2023 Item No.7.
:i. t";) i: :1 i ;! l\.l
9r r,'iti 1:

Folsom City Council
Staff ort

RE,CO / CITY ACTION
Staff recommends that the City Council appoint one at-large member to the Parks and Recreation Commission to fill the unexpired term ending in December 2024.

BACKGROUND / ISSUE
The Parks and Recreation Commission advises the City Council and City Manager on the development and administration of all park and recreation programs, parks and facilities; and shall make recommendations to the department of parks and recreation (FMC 4.05.040).

The Commission is comprised of seven members - five members who are individually appointed by each Councilmember and two at-large members appointed by the City Council'

POLICY/ RULE
Folsom Municipal Code Section 4.05.01 1 states, in part, that" ...each councilmember shall appoint 1 parks and recreation commission member whose term shall run conculrent with ttrat of tnocouncilmember so appointing. Two additional members shall be appointed by the council for 2-year terms."
Folsom Municipal Code Section 4.05.01 3 states, in part, fi7at " .. .If the office of a member of the parks and recreation commission appointed by the council becomes vacant, the council I
MEETING DATE: s12312023
AGENDA SECTION: New Business
SUBJECT: Appointment of Parks and Recreation Commission At-Large Member
FROM: City Clerk's Department

05/23/2023 Item No.8.
shall fill the vacancy by appointing a parks and recreation commission member whose term shall run for the unexpired term of the former incumbent'"

ANALYSIS
There is cunently an at-large vacancy with the term ending in December 2024. The vacancy was created due to the resignation of Mayor's Rodriguez' direct appointee. Mayor Rodriguez then appointed Samantha Davidson (who was then serving as an at-large member of the Parks and Recreation Commission) as her direct appointee. This transfer of Ms.

Davidson from her at-large position to a direct appointment position thus created a vacancy in the at-large position.

The new at-large appointee will serve out the remainder of the existing two-year term, ending in December 2024.

A Notice of Vacancy was posted on the City's web page, the bulletin boards atCiIy, and was published through the City's social media channels and in the Folsom Telegraph newspaper.

Applications were received from the below individuals. Those applications were provided to the Councilmembers in early May for advance consideration.

1. Ed Anderson

2. Denise Aquila

3. Heidi Bonnett

4. Darvesh Gorhe

5. Jeffrey Kemen
6- Joe Marceau

7. Amy McBride

8. Brian Moss

9. Paul Romero

10. W. Scott Rynerson

11. Chis Solomon

12.Eric Spencer

13. Marguerite Storbo

14. Kishore Veturi

15. Alayna Wagner

16. Jun Zhang
Respectfu lly submitted,
Christa Freemantle, CMC
City Clerk
2 Page 86
05/23/2023 Item No.8.

Book 2 Page 95
Folsom Public Financing Authority
March14,2023
Meetins Minutes
Joint Citv Council / Redevelopment Successor Age!9v / Publig Fi,nalgin=_q Aqtholitv / Folsom March 14,2023
ROLL CALL:

Councilmembers/Board
Members Present:

AYES:

NOES:

ABSENT:

ABSTAIN:

YK Chalamcherla, Vice MaYor
Mike Kozlowski, Councilmember
Anna Rohrbough, Councilmember
Sarah Aquino, Councilmember
Rosario Rodriguez, Mayor
Councilmembers/Board
Members Absent:

None
Participating Staff: City Manager Elaine Andersen
City Attorney Steven Wang
City Clerk Christa Freemantle
CFO/F|nance Director Stacey Tamagni
CONSENT LENDAR:
1S. Approval of the December 13, 2022 Joint City Council / Redevelopment Successor Agency / public Financing Authority i Folsom South of 50 Parking Authority / Folsom Ranch Financing Authority Meeting Minutes

16. Receive and File the City of Folsom, the Folsom Redevelopment Successor Agency, the Folsom Public Financing Authority, the Folsom Ranch Financing Authority, and the South of 50 Parking Authority Monthly lnvestment Reports for the Month of December 2022 Motion by Gouncilmember Sarah Aquino, second by Vice Mayor YK Ghalamcherla, to approve the Consent Galendar
Motion carried with the following roll call vote:

Gou nci l/Boardmember(s) :

Cou ncil/Boardmember(s) :

Gou nci l/Boardmember(s):

Gou nci l/Boardmem ber(s) :

Chalamcherla, Kozlowski, Rohrboughn Aquino,
Rodriguez
None
None
None
DRAFT - Not fficial until aPProved

05/23/2023 Item No.9.

Book 2 Page 96
Folsom Public Financing Authodty
March14,2023

ADJOURNMENT
There being no further business to come before the joint City Council / Folsom Redevelopment Successor Agency / Folsom Public Financing Authority / Folsom Ranch Financing Authority / South of 50 Parking Authority, the meeting was adjourned to the regular City Council meeting at 8:05 pm.

SUBMITTED BY
Christa Freemantle, City Clerk/Board Secretary
ATTEST:

Rosario Rodriguez, Mayor/Board Chair
DRAFT - Not fficial until approved Page 88
05/23/2023 Item No.9.

I i.: : ,i'{. i,i vf
Folsom City Council
Staff rt

RECOMMENDATION / CITY COUNCIL ACTION
The Finance Department recommends that the City Council receive and file the City of Folsom, the Folsom Redevelopment Successor Agency, the Folsom Public Financing Authority, the Folsom Ranch Financing Authority, and the South of 50 Parking Authority monthly Investment Reports for the month of March 2023.

BACKGROUND / ISSUE
Under the Charter of the City of Folsom and the authority granted by the City Council, the Finance Director is responsible for investing the unexpended cash of the City Treasury. The primary objectives of the City's investment policy are to maintain the safety of investment principal, provide liquidity to meet the short and long-term cash flow needs of the City, and earn a market-average yield on investments. The City's portfolio is managed in a manner responsive to the public trust and is consistent with state and local laws and the City's investment policy. The Finance Department hereby submits the investment reports for the City of Folsom, the Folsom Redevelopment Successor Agency, the Folsom Public Financing Authority, the Folsom Ranch Financing Authority, and the South of 50 Parking Authority for the month of March 2023.
1 MEETING DATE: 512312023
AGENDA SECTION: Joint Meeting Consent Calendar
SUBJECT: Receive and File the City of Folsom, the Folsom Redevelopment Successor Agency, the Folsom Public Financing Authority, the Folsom Ranch Financing Authority, and the South of 50 Parking Authority Monthly Investment Reports for the Month of March 2023
FROM: Finance Department

05/23/2023 Item No.10.

POLICY / RULE
l. Section 3.30.010(a) of the Folsom Municipal Code states "the term'city' shall encompass the city of Folsom, the Folsom community redevelopment agency, and all other agencies and instrumentalities of the city under either the direct or indirect control of the city council, and this chapter regulates the investment of all moneys of those agencies."

2. Section 3.30.030(0 of the Folsom Municipal Code states that "the city's chief investment officer shall each month submit an investment report to the city council, which report shall include all required elements as prescribed by California Government code section 53646."

3. California Government Code, Sections 53601 through 53659 sets forth the state law governing investments for municipal governments in California.

4. Section 3.30.020(9) of the Folsom Municipal Code states that "all city cash shall be consolidated into one general bank account as set out in this code and invested on a pooled concept basis. Interest earnings shall be allocated to all city funds and subfunds according to fund and subfund cash and investment balance on at least a quarterly basis."

ANALYSIS
Overview
The City has diversified investments in accordance with the City Investment Policy and Government Code. The City of Folsom's total cash and investments are invested on a pooled basis as required by the Folsom Municipal Code.

The Portfolio Summary of the City's current report includes a 'oPooled Equity Section" identifring the Redevelopment Successor Agency's (RDSA) and Folsom Public Financing Authority's (FPFA) portion of the investment pool. The RDSA and FPFA list these amounts under "Cash" in their respective sections. Currently, the Folsom Ranch Financing Authority (FRFA) has no funds invested in Pooled Equity.

City of Folsom
Total Cash and Investments
The following graph illustrates the City's monthly cash and investment balances for fiscal years 201 9 throu gh2023 . Monthly fluctuations in cash and investments are the result of typical receipt of revenues less expenditures for operations, debt service, and capital improvements.

As of March 31,2023, the City's cash and investments totaled $228,839,192; an increase of $44,93 6,97 7 (24%) from March 3 I, 2022.
2 Page 90
05/23/2023 Item No.10.

City of Folsom Total Cash and Investments
(Fiscal Year)
.-,.f-2018/19 e2}t9l2D
-2Ct2Ol2I
+202!22 +-2022/23
IUL AUG i SEP ocT NOV
qo
240
220
2&
180
I@
140
120
100

DEC JAN
2021-22
FE8 MAR APR
Yearly $
Change
IUN
Yearly o/o
Change
The following chart shows the City's monthly cash and investment balances and percentage change for Fiscal Year 2022-23 along with the yearly dollar and percentage changes.

Totat City Cash and Investments
Monthly
2022-23 Chanse
Monthly
Change
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
-3%
t%
0%
0%
-8%
-2%
0%
0%
t0%
7%
5%
1%
22%
29%
33%
32%
3t%
3s%
33%
2',7%
24%
$ 199,093,877
$ 193,398,740
$ t94,536,119
$ l93,73g,060
$ 192,831,915
s 217,911,237
$ 230,947,900
$ 230,595,523
$ 228,839,192
163,280,753
149,509,252
146,444,211
146,610,398
147,062,416
161,954,751
l'73,392,655
1 81,302,33 8
183,902,215
s 35,813,124
$ 43,889,488
$ 48,091,909
s 47,127,663
$ 45,769,500
$ 55,956,486
$ 57,555,245
$ 49,293,186
$ 44,936,977
%t3
$
$
$
t$
t$
t$
t$
t$
t$
6%
0%
-r%
The City's projected cash needs for the next six months are sufficiently provided for by anticipated revenues and the liquidity of its cash and investments. In addition, in accordance with Section 3,30.020(c) of the Municipal Code, less than 50o/o of the City's total cash is invested for a period longer than one year.

J Page 91
05/23/2023 Item No.10.

To Maturityas of March 31, 2023
4-5 Yrs
18,021,560 0 Days
38,168,239

15.9%
34Yrs
27,675,565
1 Day
16,385,239

6.8%2-3 Yrs
32,038,605

13.4%
1-2 Yrs
2-183 Days
44,888,556
18,7%
36,518,23s
L5.2% 184-365 Days
25,990,387

10.8%
fnvestment Performance
The City's Portfolio Management Summary report for the month of March 2023 is presented inAttachment 1 to this report. Portfolio investment earnings (including pooled equity earnings for the RDSA and FPFA) for the three-month quarter ended March 3I, 2023 totaled $ 1 ,8 14,784. The total rate of return of the investment portfolio for the same period was 3 .ll%.

The following graph illustrates the total dollar amount and allocation percentages for March 31,2022 and March 31,2023. The percentages in this graph are based on book value. 4 Page 92
05/23/2023 Item No.10.

City of Folsom Portfolio Allocation
$100.000.000
$80,000,000
$60,000,000
$40,000.000
$20,000,000
$-
Cash - MoneyMarket Local
Govemment
lnvestment
Pool
Commercial
P4er
Certificates of
Deposit
Corporale
Bonds
US Agencies &
Treasuries
Municpal
BondsChecking
EMarch 31,2022 City Portfolio I March 31 , 2023 City Portfolio tt.5206
A detailed listing of the portfolio holdings as of March 31, 2023 is included in Attachment 2 to this report.

The Local Government Investment Pool (LAIF) yield typically moves in the same direction as market yields, but is less volatile, lagging somewhat behind market moves. This can be seen in the chart on the next page, illustrating the historical monthly change in yield from July 2020 through March 2023 for LAIF and two-year US Treasury securities. The effective rate of return for the City Portfolio is also included.

Beginning March 17, 2022 the Federal Open Market Committee (FOMC) has increased the Federal Funds Rate ten times, most recently on May 3,2023 to a rate of 5.00%-5 .25yo, up from

0.00-0.25% at the start of 2022. While forecasts earlier in the year predicted future rate hikes in2023 beyond the current level, the FOMC has hinted at a possible pause to assess the effects the previous hikes have had on the economy, since the effects can lag several months behind the FOMC decisions. The pause leaves the FOMC at a crossroads; the rapid tightening over the past year plus has curbed inflation to a degree - April's CPI was 4.9oh year over year (down from the high of 9.0 6oh in June 2022, and the tenth straight month of decline) - but inflation is still well above the FOMC's stated target rate of 2.0%o, suggesting future rates hikes would be necessary. However, the rise in interest rates has exerted considerable pressure on financial institutions, leading to the largest bank failures since 2008, and further rate increases would almost certainly see more banks fail. Another factor, the labor market, showed accelerated job growth in April, with a jobless rate of 3.4Yo, matching the lowest level since 1969, while wages solidly increased, two signs that tighter credit conditions have yet to impact employment, and suggesting that further hikes will be necessary in order to slow down the economy. 5 Page 93
05/23/2023 Item No.10.

Yield Comparison
July 2020 - March 2023

5.00o/o

4.50o/o

4.OOVu

3.50%

3.00%

2.500h

2.00o/o
t.soo6

1.00o/o

0.s0%

0.00%
AffI\
T
f -af
T
'F,f F '+J-t-

R--- - ---/
.$
"*+}f+e*g$
rs r*s$f+r$ $ r*+d of+e*
+I,AIF +2 Yr Trsy _{_city
A listing of transactions for the third quarter of fiscal year 2023 is included in Attachment 3 to this report.

Folsom Redevelopment S uccessor Agency
Total Cash and Investments
The RDSA had total cash and investments of $ 10,221 ,502 as of March 3l , 2023 . This is a decrease of $96,457 (1%) since March 31,2022. The cash held by the RDSA is comprised of city-held funds, as well as 2011 bond proceeds to be utilized for housing and non-housing projects. These proceeds held by the Agency are broken out individually in the Portfolio Management Summary in Attachment 1.

The following table and graph illustrate the monthly balances and their respective percentage changes for the reporting period. Monthly fluctuations in cash and investments are the result of typical receipt of revenues less expenditures for operations, debt service, and capital improvements.
6 Page 94
05/23/2023 Item No.10.

Folsom Redevelopment Successor Agency
2022-23
Monthly
Change 2021-22
Monthly
Change
Yearly $
Chanse
Yearly Vo
Change
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
$
$
$
$
$
t$
$
t$
ts
$
$
$
$
$
$
$
$
$
10,299,687
7,276,599
7,276,790
7,276,981
7,269,091
10,926,348
10,926,540
10,221,311
10,221,502
-29%
0%
0%
0%
s0%
0%
-6%
0%
10,454,334
'7,474,685
7,474,875
7,474,989
7,474,989
11,074,605
10,330,729
10,325,593
10,317,959
(154,648)
(198,086)
(198,085)
(198,009)
(205,899)
(t48,257)
595,812
(104,282)
(96,457)
-29%
0%
0%
0%
48%
-7%
0%
0%
$
$
$
$
$
$
$
$
$
-t%
-3%
-3%
-3%
-3%
-l%
6%
-t%
-t%
Folsom Redevelopment SuccessorAgency Total Cash and Investments $12,000,000
$9,000,000
$6,000,000
$3,000,000
$0
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
tl2020-21 42021-22 r2022-23
The RDSA's projected cash needs for the next six months are sufficiently provided for by anticipated revenues and the liquidity of its cash and investments.

Investment Performance
The RDSA's Portfolio Management Summary report for the month of March 2023 ispresented in Attachment 1. The RDSA's investment earnings for the three-month quarter ended March 3I,2023 totaled 578,946. The effective rate of return for the RDSA investment portfolio for the same time period is 3.lZoh.
7 Page 95
05/23/2023 Item No.10.

Folsom Public Financing Authority
Total Cash and Investments
The FPFA cash and investments totaled $32,708,255 as of March 3 1, 2023. This is a decrease of $5,929,429 (I5%) from March3l,2022. Monthly fluctuations in cash and investments are the result of typical receipt of debt service repayment revenues and the subsequent debt service expenditures. The following table and graph illustrate the monthly balances and their respective percentage changes for the reporting period.

Folsom Public Financing Authority
2022-23
Monthly
Change 2021-22
Monthly
Change
Yearly $
Change
Yearly Vo
Change
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
0%
-r6%
0%
5%
-5%
0%
0%
t%
$
$
$
$
$
$
$
$
$
38,743,267
38,743,274
32,593,924
32,484,402
34,139,626
32,489,147
32,489,166
32,489,187
32,708,255
s 43,982,425
s 43,982,425
$ 38,732,656
$ 38,623,009
$ 38,623,010
$ 38,623,011
g 38,623,020
$ 38,623,021
s 38,637,684
$ (5,239,158)
$ (5,239,151)
s (6,138,733)
$ (6,138,607)
s (4,483,384)
$ (6,133,864)
$ (6,133,854)
$ (6,133,833)
$ (5,929,429)
0%
12%
0%
0%
0%
0%
0%
j%r
-12%
-12%
-16%
-16%
-12%
-16%
-16%
-r6%
-ts%
Folsom Public Financing Authority Total Cash and Investments s65,000,000
s55,000,000
$45,000,000
s35,000,000
$25,000,000
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr llay Jun
r]2020-21 82021-22 a2022-23
8 Page 96
05/23/2023 Item No.10.

The FPFA's projected cash needs for the next six months are sufficiently provided for by anticipated revenues and the liquidity of its cash and investments.

Investment Performance
The FPFA's Portfolio Management Summary report for the month of March 2023 is presented in attachment 1. The FPFA's investment earnings for the three-month quarter ended March 31,2023 totaled $225,111. The effective rate of return for the FPFA investment portfolio for the same time period is 2.79o/o.

Folsom Runch Financing Authority
Total Cash and Investments
The FRFA cash and investments totaled $126,955,000 as of March 31, 2023, an increase of $31,665,000 from the prior year. This increase is due to the issuance and purchase of $11,855,000 Community Facilities District No. 23 IAl (Folsom Ranch) Local Obligations on May 11,2022; $9,430,000 Community Facilities District No. 23 IA3 (Folsom Ranch) Local Obligations onAugust10,2022; and $11,225,000 Community Facilities DistrictNo. 20 Local Obligations on December 8,2022. The only other activity within FRFA was the maturing of $845,000 of local obligations held by FRFA on September 1, 2022.

The Authority's projected cash needs for the next six months are sufficiently provided for by anticipated revenues and the liquidity of its cash and investments.

Investment Performance
The FRFA's Portfolio Management Summary report for the month of March2023 is presented in attachment 1. The FRFA's investment earnings for the three-month quarter ended March 31,2023 totaled $1,498,250. The effective rate of return for the FRFA investment portfolio for the same time period is 4.80%.

South of 50 Parking Authority
Total Cash and Investments
The South of 50 Parking Authority cash and investments totaled $0 as of March 31,2023 The Authority's projected cash needs for the next six months are sufficiently provided for by anticipated revenues and the liquidity of its cash and investments.

Investment Performance
There is no investment activity for the South of 50 Parking Authority

ATTACHMENTS

1. City of Folsom, Folsom Redevelopment Successor Agency, Folsom Public Financing Authority, and Folsom Ranch Financing Authority Portfolio Management Summary March2023
9 Page 97
05/23/2023 Item No.10.

2. City of Folsom Portfolio Holdings as of March3l,2023

3. City of Folsom Transaction Summary, Third Quarter of Fiscal Yealr 2023 Submitted,
amagni, Finanee Director
Agency Finance Officer
Folsom Public Financing Authority Treasurer
Folsom Ranch Financing Authority Treasurer
South of 50 Parking Authority Treastrer
10 Page 98
05/23/2023 Item No.10.

ATTACHMENT 1

05/23/2023 Item No.10.

W
Gity of Folsom
Gombined Gity of Folsom, Redevelopment
Successor Agency, FPFA & FRFA
Portfolio Summaries
March 31,2023
Fece Anrount Book
Value
Itd..t D.yr to Accr!.d
S0l,leloma SL
Fokom, CA 95€30
(9to) /t{t1-8060
%ot
]FCIILS(}MT
of Folsom
Cedincala Of Depcit
Commercial Pap€t
Corporate Bot'td
FFCB BONd
FHLB Bond
FHLMC BONd
FNMA Bond
Locd Govemm€nt lnvEstmsnt Pool
Money Market
Municipal Bond
Treasury Note
Total rAveragp
YTM
1,5't3%
3"416%

1.9&2gr

2.8&%

3.zefj%

3.1U%

4.sl1%
S,S%V.

2.735%

1.W%

2.M%

2.A7A%
1,025d11.00
13,81 3,000-00
22,5@,0(p.00
2't,810,000.00
17,(m,OOO.00
31,100,000,00
11,5(n,000-00
4,0$,000.00
&,142,387.76
23,386,508"S1
0't,195,000.00
13,796,557.43
21,848,481.02
21,69S,936.13
16,945,410:00
31,053,210.e5
11,42?,244.E1
3,84S,240,00
30,142,3:i7.76
23,3E6,S)8r93
60,021,218.00
1,025,631.m
13,79€,271,25
22j24,487.
21,m1,M.t2
16,961,868.50
31,057,441.36
11,470,M.12
3,8€3,144,68
30,142.387.76
23,366,508"Ct
ao,1a4,'Jaz.u
5 228,830,'1t2.26
10,n1,o2i29
a27.170"*
$ 239,6t7,3t€.?0
1,(125,601.00
13,3a15,5m./fit
2,.1n,526.N
20,530,029.30
1A,721,720-0o
N,184,2c1.84

11.M,415.@
3,8?,S0.00
fi,112,537.78
23,380,5(n,g!1
58,0S5,841,70
72,[email protected]
13rt,145.91
't24,SOS-76
t5E,SE6.40
78,915.07
s,2s1"67
247,W.62
728.O2
Accrued
lntor€rt
1 1036
121
796
5SO
701
467
808
!
1 856
o"42

5.72 9,32
9"03
7"O1
I2,EE

1.76 1.00

12.18 9"68

25.34 1.66
3,244|r I 211,472,177.s9 I 239,0t7,718.33 t 49,0t7,3tt.20 23il'A86,W.62 t29 I t22,68O.22 100.00 Book %ct lnblE t Totll Rate
ofPooled
city of Folsom cash and lnvestm€nts (€tdudlru RDSA, FPFA & FRFA amounts) Red€yslopment Sucsssor Agsncy (lncided in RDSA lnv€stmsnt RsPdt) PubIc Financing Allhorlty Gnduded in PFA lnrestment Repori) Fdsom Flanch FiEndng tutrtdity (induded in FRFA lnv€stmed RcPort) Totsl Pooled Equlty
Face AmounU

95.17%

4.6%
o.a%
0_@t6
100,009i6
[rrlot Dayt toBook
Vslue
%of
Porfiolio
153.12
t 4,125,(x19.78
171,414.21
724,755.e0
YTiI Co.t
3,11e,850f,1
2,591,295.00
1,512,877 17
476.96
Co3t Vdue
3,116,850.81
2,5S1,295"0{'
4,512,877 17
3,
2,691,295.00
4512,AT7.17
478g'
3,'t 16,850.81
2,501,295,(I'
1,512,877"17
478fi
Cash
Non-Housing 201 lA Proceeds
Housing 20118 Prcce€ds
iloney fr,lartet
Totrl t Average

3.39096

3.390%
3,3909t

1.710%
rl
30;49

25.35 4.15

0.00 t00.003.390%s 10,221,501.91 0 10,221,50t.94 3 10,221 t EookFace Amount
ShareE
M.rlot
Velue
t'.yr to Accruod
lnbr€tt
%of
Cost veluo
Cash
Mon€y llarket
Muntipal Bfid
Total, Avorage
627,170.%
8,083,94
827.170.96
6,083-94
627,1m.8
6,083.94
627,170.8

6.0E3.944.683%
2,77ry"
1"92

0.02 2451
$ 32,70E254,90 3 32,70!354.90 I ?2,7gg,2rLt',' Ult 73,7t019 [email protected] Face Amounu
Shrru Cctvalue
Book
Valuo
ll.rtat
Valre
Dryr to Accruod
lnierult
%d
Municipal Bond
Total , AYs]aqs
{-'-T1;;r.."*"y*"*

4.721 100-@
t26,935,000.00 $ 126,955,000,00 $ 128,955,000.00
ttlav 1 0. 2023
Stacey Tamagni, FtEnca Dlr€dor

1.f21%
Dats
12t 955,m0.00 73i8 $ '199410.03 100.00

05/23/2023 Item No.10.

ATTACHMENT 2

05/23/2023 Item No.10.

City of Folsom
Portfolio Holdings
Portfolio Holdings for lnv. Report
Report Format By Transadion
Porttolio / Report Group: City of Folsom
Group By: Securi$ Type
Average By: Face Amount / Shares
As of 3/31/2023
FlceAmushsros % of Portfollolcounon natelBauerDsscrlpdon Cash
Wells Farqo Cash IWells Fargo 25.63
Wells Feroo Cesh lWells Farco 4.6901 1.000.000.001 0.41 .il.5731 1,025,631.001 0.42
Cortificate Of D€posn
Alaska USA FCH 4.631812028 Alaska USA FCH 4.600 249.000.00 0.10 Alliant4.95 1A30n027 Alliant 4"950 249.000.0( 0.10
Ally Bank 2.95 121912025 Ally Bank 2.950 246,000.00 0.10 National Bank 3.15 \merican ExDress National Bank 3.1 50 2rt5.000-O( 0.10 Austin Telco 5.OS 1112712026 Austin Telco 5.O50 248.000.00 0.10 Bankers' Bank ofthe West 5 3/30/2026 Bankers Bankof theWest 5,000 248,000.00 0.10 Barclavs Bank 1.95 2123t2O27 Barclavs Bank 1.950 247.000.00 0.10 Blue Ridqe Benk l{A4.2 2nu2o28 Blue Ridse Bank NA 4.200 244.000.00 010 BMW Bank of North Ameilce2s 4125n025 BMW Bank of North America 2.500 246.000.00 0.10 Carital One Bank {USA} N43.5712712027 Capital One Bank (USA) NA 3,500 245,000.0( 0.10 Caoitial One NA 3.57t2712027 )aoitial One NA 3.500 245.000.00 0.10 CelticBank4 rcnn026 Celtic Bank 4.00c 245.000.00 0.10
)FD Communitv Bank3.4 1213112024 CFD Community Bank 3.400 245.000.00 0.10 CIBC Bank Us,A 4.7 5 3n4n028 CIBC Bank USA 4750 244.000.00 0.10 411412026 Bank 2.600 0.'10
onno<us 3.4 811512025 Connexus 3"400 249.000.0{ 0.10
Discover Bank 3.2 511912427 Discover Bank 3.200 246.000.0( 0.10 Dort Financial 4.5 1211612027 Dort Financial 4.500 247.OOO.O0 0.10 Eaolebank 4.5 7 121 12025 Eaolebank 4.500 249.000.00 0.1( Eaglemark Savings Bank 2.9 61132025 :aolemark Savinos Bank 2.900 246,000.0( 0.10 3t3t2028 Enterorise Bank 4.350 244.000.0 0.10
Essential FCU 3.55 1U512023 Essential FCU 3.550 24s.000.0( 0.10 Farmer's & Merchants Bank3.3 9/2712023 Farmer's & Merchants Bank 3.300 245.000.00 0.1c First Famifv FCU 4,8511'1712025 First Family FCU 4.850 244.000.00 0.1( First Foundation Bank 4.7 11MnO27 FiISt Foundation Bank 4.700 244,000.0( 0.10 First National Bank Paraoould 2.6611012024 First Nstional Bank Paraqould 2 600 249.000.00 0.10 General Electric cu 5113012024 General Electric CU 5-000 248.000.00 0.10 Greenstate CU 3.1 il14no27 GreenStrate CU 3.100 249.000.00 0.10 Jonesboro State Bank 1.1 121812026 Jonesboro State Bank 1 100 249,000,00 0.10 samev Bank 2.45 11/30/2023 (eamey Bank 2.450 247,000.00 o.'t0 .atuvette FCI,J 3.2 5n6n026 Lafavette FCU 3.20C 249.000,00 0.10 Leader Bank NA2.55 412212025 Leader Bank NA 2.550 246,000,00 0.10 -ibertu First CU 435?/312028 Libertv First CU 4-350 249.000,00 0.10 Moroan Stanlev Bank. NA 2 27t2512024 Morqan Stanlev Bank, NA 2.200 247.000.00 0.10 Moroan Stanlev Private Bank, NA2.2711812024 Morqan Stanley Private Bank, NA 2.200 247.000.0c 0,10 Mountain America 4.5 1On3nO23 Mountain Americs 4.500 249,000 00 0.10 Nalional Cooperative Bank, NA3,4 121/nO23 National Cooperative Bank, NA 3.400 245.000.00 0.1 0 Neishbors FCU 3.3 9fi92023 leiohbors FCU 3.300 245,000.00 010 ew York Communitv Bank 0.65 911012024 New York Communitv Bank 0.65( 249,000,00 0,10 f, ceanfi rst Bank NA 3.25 7 I 1 12024 Oceantirst Bank NA 3.1 246,000.00 0.10 Pentaoon FCU 1.4 211812A25 Pentaoon FCU 1"400 249.000.00 0.10 Prefened Benk 4 I I 30 nO27 Prebned Bank 4.000 249.000.00 0.10 ProGrowth Bank 1.2 8n212024 ProGrowth Bank 1.204 249,000.00 0.10 Renasant Bank 5 1112412025-23 Renasant Bank 5.000 243.000.00 0.10 Bank of NY 2 3 I 24 t 2O25-22 afra National Bank of NY 2.000 247,OOO.OO 0.10 sandv Bank 4-9 311612026 andv Sorino Bank 4.900 244.OOO.OO 010 Sharonview FCU 3,4 8l'.|512025 Sharonview FCU 3.400 249.000.00 0.10 State Bank of lndia ChicaEo 3.85 912u2O27 Strate Bank of lndia Chicago 3-850 245.000.00 0.10 Bank of lndia NY 3,35 6t1t2027 State Bank of lndia NY 3.350 245.000.0( 0.10 Svnchronv Bank 5 312412028 Svnchronv Bank 5 000 243.000.00 0.10 Texas Exchanqe Bank. SSB 1.25 1211012026 Texas Exchanqe Bank, SSB 1.254 249.000,00 0.10

05/23/2023 Item No.10.

Third Federal S&L of Cl€v€land 3.5 6nBnO27 Third Federal S&L of Cleveland 3.50C 245.000-00 0.1c fovota Financial Savinos Bank 0,659/9,nO24 Toyota Financial Savings Bank 0.65C 249.000.00 0.10 UBS Bank USA2.94/3,n024 UBS Bank USA 2.900 249.000.00 0.1 UsAlliance Financial 3.45 8126f2027 USA|liance Financial 3.45( 245,000.00 0.10 Wakefidd Co-Oo Bank 4 75 2n912024 Wakefield CcOp Bank 4.7ffi 244.OOO 0.10 Sub Total / Averaae certificate Of Deocit 3.381 13.813.000.00 5.7 Crcdit Aoricole CIB NY 0 9/1/2023 Credit Aoricole clB NY 0.0001 2.500,000.001 '1.o4 JP Moean Securities LLC 0 7/1712023 JP Morqan Seourities LLC 0.0001 5,000,000001 2.O7 MetLib Short Term Funding 0 6/13/2023 MetLife Short Term Funding 0.0001 5,000,000"001 2.O7 MUFG Bank LtdNY 0 12i4l2023 MUFG BaNK LtdNY 0.0001 2.500.000.00t 1.(X Nalixis NY 0 511512023 Natixis NY 0.0001 2.500.000.00t 1.04 Natixis NY 0 7r14n023 Natixis NY 0.000t 2.500,000.00t 1.(X Nalixis NY 0 9/182023 Natixis NY 0.0001 2.500,000,001 't-u Sub Totel t Alreraoe Commerdsl PaDer 0.0001 22,500,000.001 9.32 Bank of Am€rica Com0.E2nu2om-22 Bank of Americe ColD 0.8001 2.000.000.00t 0.

Bank of Arnedca Cop45l5n026-22 Bank of Americs Corp 4.0001 2.000.000.001 0,83 Bank of Montreal 1.22 Ufi n026-22 Bank of lllonfeal 1.22A1 2.000.000.001 0.83 Bank of Montreal Sieo 780/2025-21 Bank of Montreal 1.0001 2.000.000.001 0,83 Bank of NY Mellons.S 4t28t2023 Bank of NY Mellon 3.500t 1.000.000.00t 0.41 Barclavs Bank PLC 3 1ol17no23-22 arclavs Bank PLC 3.000t 2.000.000.00t 0.83 CitiorouoGlobalMaftets 4 E 15/2024-23 CitiorouoclobalMarkets 4.000t 2,000.000.00t 0. lntl Finance Co'9 2.656f2412024 lntl. Finance Coro. 2-6501 2.000,000.001 0.83 JP Mooan Chase & Co 2.95 101112026 JP Morqan Chase & Co 2.9501 1.000.000.001 o.41 Moman Stanlev Dom Hold 3.8 8/24f2O27 Morroan Stanley Dom Hold 3.8001 1.310.000.001 0.54 Pacific Life GF ll1.26n4PO25 Pacific Lift GF ll 1.200t 1.500.000.00t o.62 Roval Bank of Canada Var. Cotp 311812025 loval Bank of Canada 4.013t 3.000.000.00t 1,24 Sub Total /Averaoe Corootate Bond 2.687t 21.810.000"00t 9.03 FFCB Bond
FFCB 0.68 12n0n023 FFCB 0.6801 2.000.000.00 0.83
FFCB 1.75425t2025 FFCB 1.7501 2.000.000,00 0.83
FFCB 2.625 6n0n024 FFCB 2.625t 3.000.000.00 1.24
FFCB 2.8 11t25t2025 :FCB 2.800t 2.000,000.00 0.83
FFCB3.875 Z14nA28 FFCB 3,675t 2.000,000.00 0.83
FFCB 4 125 10t17t2023 FFCB 4j251 2.000,000.00 0.83
FFCB 4.67 7n6D023-23 FFCB 4.6701 2.000.000.00 0.83
FFCB 5.125 2128t2024 :FCB 5.125t 2.000.000.00 0.83
Sub Total rAveraqe FFCB Bond 3.172t 17.000.000.00 7.O.

FHLB Bond
FHLB 0.5 12/17nO24-21 FHLB 0.6001 2.000.000.00 0.83
FHLBA.T 4124f2025-22 FHLB 0.700t 500.000.00 o.21
FHLB 1.375 8126n026-22 FHLB 1,375t 2.000.000 00 0.83
FHLB2.g7 7t27t2026-23 FHLB 2.9701 2,000,000.00 0.

FHLB37t22t2026-22 IHLB 3.OOOt 2.OOO.000.0( 0.83
FHLB3.O57l28t2023-23 FHLB 3.0501 2.000.000.00 0.83
FHLB324t21t2027-23 FHLB 3_2001 1.000.000,00 0.41
FHLB 3.35 8r28no23-22 FHLB 3.350t 2.000.000.00 0,83
FHLB 3,875 9/15/2023 FHLB 3.875t 2.000.000.00 0.E3
FHLB 4 7t24t2025-22 FHLB 4.000t 1.250,000.00 0,
FHLB 4.753tU2024 FHLB 4.7501 2,000.000.0( 0.83
FHLB 4. 89 12t28t2023-23 FHLB 4.8901 2.000.000.00 0.83
FHLB 52t1512024 FHLB 5.0001 2.000.000.00 0.83
FHLB s.25 8t14t2024 FHLB 5.2501 1.000.000.00 o.41
FHLB Step 1mn027-23 FHLB 1.5001 2.000.000.00 0.8t
FHLA SEo2l'18D025-22 FHLB 1.250t 1 .350.000.00 0"56
FHLB Steo7l29,n026.21 FHLB 0.8001 2,000.000.00 0.E:

FHLB Step 8n812024-22 FHLB 4.0001 2,000,000.00 0.E!
Sub Total /Averase FHLB Bond 3.0161 31,100,000.00 12.88 FHLMCO.258t24r2023 IFHLMC 0,250 1.500.000.00t o.62
FHLMC 0.25 8D412023 IFHLMC 0.25( 1.500.000,001 o.62
FHLMC 23 5/17t2023-22 IFHLMc 2.300 3,000.000.001 124
;HLMC 2.55 1/22n02r22 IFHLMC 2.550 1.000.000.001 0.41
FH LMC 4. 3't 2t30 12027 -25 IFHLMC 4.300 1.000.000,00t 0"41 FHLMC 5.05 7 1X512{'24-23 IFHLMC 5.050 1,500,000,00t 0,62

05/23/2023 Item No.10.

0.835.3501 2.000.mo.001FHLMC

42.850t r1.500.m0.00tBond
FNlt/lABond
FNMA 0.375 8f252025 IFNMA 0.3751 2,000.000.001 0.83
:NMA 5. 1 25 2f28r202,{-23 IFNMA 5.1251 2.000.m0.001 0.

Sub Tolal / Averaoe FNMA Bond 2.750t 4.000.mo.001 1.

LAIF CiW LGIP LAIF Citv 2.7351 20,210.024,52 8.37
I.AIF FPFA LGIP I.AIF FPFA 2.7351 9.932.313.24 4.11
Pool 2.

MM
Wells Faroo MM Wells Femo 4.5401 18,210.84. 7.54

4.5401 23,386,508.93 9.68
Alameda Countv GOBS 3.6 Al 1 nO27 Alameda County GOBS 3.,160 500.000.00 o.21 Alvord USD GOBs 1OB28l1E2O25 Alvord USD GOBs 't 062 1.280.CKD,00 Antelooe Vallev CCD 2.016 il1n027 Antelooe Vallev GCD 2.016 1,000.0m.0( o.41 Bslmont-Redwood Shores SD 0.369 U1no23 Belmont-Redwood Shor€s SD 0.369 't25,000.0( 0.05 Belmont-Reduood Shores SD 0.638 81112024 Belmont-Redwood Shores SD 0.638 250.m0.0t 0.1c dmont-Redulood Shores SD Ser B 0.369 8/1/2023 Belmont-Redwood Shores SD Ser B 0.363 170.oco.00 0,07 Bevedv Hills PFA Lease Rw 0.499 6l'l.1i2023 }everly Hills PFA Lease Rev 0.499 300,(x)0.00 12 Bevedv Hills PFA Lease Rev 0.73 6/112024 Beverlv Hills PFA Lease Rev 0.730 300,m0.00 o12 BEvedy Hills USD 2,45U1nO24 Beverlv Hills USD 2.450 1,qto,(x)o.00 0.41 2-650 780.0m.00 o.32
CA St DWR Cent Val Prci 1.Oil 12i1/2O2&21 CA St DWR CentVal Proj 1.051 1.625.0m,00 CaFon RDASATABS 0.981 0/112023 Carson RDASATABS 0.9E1 300,(n0.00 o.'t2 ierson RDASA TABS 1.188 8/112024 Carson RDASATABS 1.16 400,000.00 017 atson RDASA TABS 1 288 8nn025 CarEon RDASATABS 128 300.000.00 0.12 Citrus CCD GOBs 0.669 8/1/2024 Citrus CCD GOBs 0.669 400,000.00 o.17 Citrus GCD GOBs 0.819 8/1/2025 Citrus CCD GOBs 0,819 400,000.00 17 Coast CCD GOBs 1.975 81112023 GoastCCD GOBs 1.975 1,265,000.00 o_52 Colton USD 0.7028nno23 Colton USD o.702 1.(x)o.q)0.0r 0.41 Colton USD 0,8828nn024 colton USD 0,882 1,000.000.00 0.41 CSU Revenue Bonds 0,563 1111f2024 CSU Rev€nue Bonds 0.553 61s.000.0( 0.28 CSU Revenue Bonds 0.685 111112024 CSU Revenue Bonds 0.685 500.000.00 o.21 Davis RDA-SA TAB9 1.7 5 91 1 12023 Davis RDA-SA TABs 1.750 625,000.00 tc Davis RDA.SA TABs 2 9 I 1 12025 Davis RDA-SA TABs 2.000 435,000,00 0-t8 Dixon USD 0.953 U112025 Dixon USD 0,953 100,000.0 0.04
Folsom Cordova USD lmp Dist 2 2 101112023 Folsom Cordova USD lmp Dist 2 2"OO 165,000.0t 0.07 Folsom Cordova USD lmp Dist 2 2 10112:024 Folsom corclova usD lmp Dist 2 2.OOO 1.000.000.00 0.41 Folsom Cordova USD lmp Dist 2 2 'lol1l2o25 Folsom Cordova USD lmp Dist 2 2-000 1.040.000.00 0.43 Hooe ESD 0.97 81112025 Hope ESD 0.970 300.000.00 12
Hooe ESD 1.17 Anlzozs {ooe ESD 1 170 285,000 00 o_12
LosAltos SD 11U1nO24 Los Altros SD 1.000 2,000.mo.00 0.83 Marin CCD GOs 0,679 8/1/2026 Marin CCD GOs 0.679 900.000.00 0.37 Moreno Valley USD 1.671 A1n023 Moreno Valley USD 1.671 140.000.00 0,06 Moreno Vallev USD 1.941 8l'112024 Moreno Valley USD 1.941 195,000.00 N,loreno Vallev Us'D 2.2$ U 1 n025 Moreno Vallev USD 2.203 100.000.00 0.04 Voreno Valley USD 2.328 81112026 Moreno Vallev USD 2.328 't 10.000 00 0.05 vlorcan Hill RDA-SA 0.961 9l'112025 lvloman Hill RDA-SA 0.96 1.42s.000.00 0.59 Novato RDA-SA 2.42 91 1 12027 Novato RDA-SA 2.420 1.54s.000.00 0.64 )ak Gmve SD 0.561 ?'/1n024 Oak Grove SD 0.561 600.000.00 Oxnard SD GOBs 0.82 811 12024 )xnard SD GOBs 0-820 345,000,00 Oxnard UHSD1..28 A 1 f2025 oxnard UHSD 1.256 500,000.00 o.21 Palomar CCD 0.881 8l'll2025 Palomer GCD 0.681 300,000,00 Q.'12 Pittsburq USD 0.67 8/1/2024 Pittsburo USD 0_670 680.000.00 o.28 Rancho Santiaso CCD GOBs 0.634 91112024 lancho Santiaoo CCD GOBs 0.634 1.000.000.00 o.41 Riverside Cnty PF A 1.84 7 I 1 12023 Riverside Cnty PFA 1 840 196.000.00 0.0E Sacramento ReE, Sanitatron Distrlct 1.042 12111202 Sacramento Res. Sanitation District 1 042 2,305,000,00 0.95 San Bernsrdlno CCD 0.335 8/1/2023 San Barnardino CcD 0.335 1,500,000.00 o.62 San Bernardino CCD 0.605 8/1/2024 San Bernardino CCD 0.605 1,000,000.00 0.41 San Jose Evemreen CGD 0.921 9l'|12025 San Jose Everqreen CCD 0.921 1.000.000.00 041 San Jose RDA-SA 3.176 8/1X2026 San Jose RDA-SA 3 176 2,170.000.00 0.90

05/23/2023 Item No.10.

San Jo6e RDA€A 3.226 A1/,;027 San Jose RDA-SA 3.226 1 0.62 San Jose RD,\SA TABS 2.828 8/1/2023 an Jose RDASA TABs 2.81 500.000.00 0.21 Jose USD 1.014'l/1n027 San Jose USD 1.O14 700.000.00 0.29 Santa Ana Comm RDA-SA 3.967 9l'll2g27 Sanb Ana Comm RDA-SA 3.967 1 061 santr clarita PFA Lease Rev 0.976 61112024-20 Santg Cladta PFA Lease Rev 0.976 0.15 Rev I 176 6/1/2025-20 Senta Clarita PFA Lease Rev 1.17 0.15 SF BART Rev Bonds 2.621 711n023-17 SF BART Rev Bonds 2.821 735.000.00 o.3t St. of Texas GOB's 3.011 '10/11202S25 St of Texas GOB'S 3.011 2.000.000.00 o.E3 State of Calibmia GO 1.7 A1n028 Stats of Calibmia GO 1.700 r.000,000.00 0.83 State of Calibmia GO 2.375 101112026 Stato of Calibmia GO 2.375 0.66 trate of Califitmia GO 2.375 101112026 State of Calibmia GO 2.31 0.34 State of Calibmia GO 4.846 3nn027 State of Califomia GO 4,846 1.000.000.00 0.41 GO5.222 stab of caliiomla Go 5.222 1.000.000.0( 0,41
usD 5.285 SulDhur Sorinqs USD 5.285 265.000,00 0.11
Univ of CA Revenve0.628 5n5f2023-23 Univ of CA Rev€nue 0.62E 005 Univ ofCA Revenue 0.833 5115n024-24 Univ of CA Revenue 0.833 250,000.0( 010 Univ of CA Revenue 2.657 5nSnO23-19 Univ of CA Revenue 2.657 500,000.( 0.21 Univ of CA Revenue 3-063 7nn025 ljniv of CA Revenue 3.063 )aR nnn nn 0.41 7nn025 Univ of CA Revenue 3.063 2.000.000.00 0.83
usD 1.761 West Contra Costa USD 'l 761 1,000.000.00 o.41 Yosemite CCD 0.561 U'ln0n Yosemite cgD 0.561 1 o,41
Yosemite CCD 0.804 81 1 12024 Yosemite CCD 0,804 0.2'l
Yosemite CCD 1.14 U 1 f20z,3 Yosemite CCD 1.140 750,000.0 0.31 Yosemite CCD 1.35 A1 no26 Yosemite CCD 1.350 i80.000.00 0.28 Yosemite CCD 1.35 8t1 12026 Yosemite CCD 1 350 820.000.00 0.34 Yosemite CCD'1.44 U1nO24 Yosemite CCD 1.440 300,000.00 0.1

1.689 031ccD 1
Yosemite CCD 1.912 U1n026 Yosemite CCD 1.912 0.1c
ub Total /Averaoe Municioal Bond 1.858 195.000.00 25.4
T-Note 0.1 25 1211512023 Treasury 0.125t 2.000.000.00
T-Note 2.25 3/31/2024 Treasury 2;2501 2,000,000.00 0.83 ub Total /Av6raoe Tr€asurv Nolo 1.1881 4,000,000.00 1.66

05/23/2023 Item No.10.

ATTACHMENT 3

05/23/2023 Item No.10.

City of Folsorn
Transactions Summary
Transaction Summary - lnveslment Report
Portfolio / Report Group: City of Folsom
GrouP BY: Aciion
Begin Date: 01n1n023, End Date: 0313112023
YTre
Colt
trtrrlty
Drb
Flce
Amtlshelur PrlnclprlS.ttcfrnill
DlbSccudUfypcDccrljdon
249,000.00 4.6003t8t2023 3t8t2026 249,000.00certificate Of DeDositUSA 248,000.00 248.(x10.00 5.0003t30nom3/302023of

4.2002t28t2028 244.000.00 244.000.00CertlficateBlue Ridoe Bank M 4.2 ?28/2028

4.750244.000.00 244.000.003t24t2023 u24no28lertificate Of DepositCIBG Bank USA,f.75 312412028

4.9702.500.000.00 2.429.562.502t3t2023 9t1t2023Commercial Paper 249.000.00 4.5001t20t2023 7121t2025 249,000.00:eriificete Ot Deoosit4.5 4.3503t3t2028 244.000.00 244,000.00Ceflificate Of Doposit 3t312023Enterprise Bank 4.35 3/3/2028

4.0472t14t2028 2.000.000.0( 1.984.580.00u15t2023FFCB BONd

5.1252.000.000.00 2,000.000.002t2812023 2t28t2024FFCB BondFFCB 5.125 2128t2024 4.110965.000.001t30t2023 4t21t2027 1,000,000.(FHLB BondFHLB3.24tit1

2.000.000.0 5.0002t15t2024 2,000.000.02t15t2023FHLB BONdFHLB52n5n024 ss9.070.00 5.6t14t2024 1.000.000.0tFHLB BoNd 3t7t2023FHLB s_25 6t11t2024

5.0507t26t2024 1.500.000.0( 1,500.000.00FHLMC BONd 1t26t2023FHLMC 5.05 7/261202+23

2.000.000.00 5.3501t27t2026 2,000.000.00FHLMC BONd 'U27t202i

4.850244.000.00 244,000.0011191202iCedmcate Of OePosit1t17t2025

2.000.000.0r 2.000.000.00 5.1252t28nO23 2t28t2024FNMA Bond5.125 5.000248.000.001t30t2024 248,000.00'1t30t2023'...-..- General Eleclric CU 5119012024 Certificate Of Deposlt
930.7r8.00 5.1003t8no23 10t1t2026 't.000,000.0comorate BondJP Moman Chase & Co 2.95 1U1n026

4.35(2t3t2028 249,000. 249,000.002t3t2023Certificate Of Deposit.iberty Flrst CU 4.3521312028 4,940,000.00 4.8566t1312023 5.000.000.0cCommercial Paper a15lzg2mufe Strorttem Fundino 0 6n3n023

5.4621214t2023MUFG Bank Ltd/NY 01Z4nO23 2,500,000.00
2,14.000.00
3t't3t2023
311412023Sandv Sorino Bank 4-9 3/16/2026
Santa Ana Comm RDA-SA 3-sr67 91112027 1.485.000.00 1.436.841.45 4.n32t23t2023 ot I 9r4v4s
ffi
Cedmcate Clf Deposit
Munlcloal Bond

4.1651.779.540.012nn023 a1nozg 2.000.000.01MuniciDal BondState ol

1.000.000.00 4.84€3i15no23 3t1t2027 't,000.000.00Municioal Bondof Califomia GO 4.846 31112027 I 1.000.000.00 5.i3t1t202 1.000,000.0(ilunicioel Bond il15nO23Stat6

5.0003t24t2028 243,000.00 243.000.0c3t24nO23Certificate Of Deposit3t21t2028

32.691.000.00 32,074,332.78
Markels
Natixi6 llY 01
Bank
Bondcincinnati
Bank West

0.005t20t2025 246,000.001 234,462.603t1712023
246,000.001 2u,16,2.60I

05/23/2023 Item No.10.

This page intentiono.lly left blqnk
to facilitote double- sided printingl .

FOLSOM

CIT Y OF

OISTINCTIVE AY NATURE

05/23/2023 Item No.10.