Other operating revenue, which was $0 in FY2026, is budgeted at $45,000 in FY2027, making up 3.58% of the total revenue. This represents a new revenue source for the department, as it decreased by $113 in the prior year to zero and now shows a positive amount.
Overall, the significant growth in Interdepartmental charges and the introduction of Other Operating revenue contributed to the total revenue increase of 35.95% in FY2027 compared to FY2026.
FY27 Revenues by Revenue Source Summary
Interdepartmental charges $1,211,667 96.42%
Other Operating $45,000 3.58%
The Information Technology Department's Fiscal Year Revenue by Revenue Source Summary consists primarily of Interdepartmental charges, which account for $1.2 million or 96.42% of the total revenue. Additionally, Other Operating revenue contributes $45,000, representing 3.58% of the total revenue.
Category Account ID
FY 2025
Audited Final
Numbers
FY 2026
Estimated YE
FY 2027
Budgeted
FY 2026
Estimated YE vs.
FY 2027 Adopted
Budget (%
Change)
Interdepartmental
charges
$530,997 $924,371 $1,211,667 31.1%
Allocation -Int Serv
Fund
521-0000-3498 $530,997 $924,371 $1,211,667 31.1%
Other Operating $113 - $45,000 -
Misc Revenue 521-0000-3998 $113 - $45,000 -
Total Revenues $531,109 $924,371 $1,256,667 35.9%
1.26M
Revenues by Revenue Source Summary
Information Technology Department
FY 2027 Adopted Budget | Fort Bragg Page 342
Fleet & Equipment
The Fleet & Equipment Services Internal Service Fund manages the acquisition, maintenance, and repair of all municipal vehicles and machinery. Under the direction of the City’s Mechanic, the fund supports essential operations through preventative maintenance, diagnostic testing, welding, fabrication, and inventory management.
Fleet & Equipment Services ensures the City’s operational readiness by maintaining a functional, reliable, and cost-effective fleet. Beyond daily oversight, the department manages the annual fleet budget, develops technical specifications for new equipment bids, and facilitates asset auctions. To maximize efficiency, staff also coordinate specialized external contracts for major repairs, including bodywork, engine rebuilds, heavy-duty suspension services, air conditioning service, and glass replacement.
Fleet Department
FY 2027 Adopted Budget | Fort Bragg Page 343
Strategic Goals and Objectives
Deliver Comprehensive Fleet Maintenance:
Execute high-quality repairs and preventative
services—including electrical, engine, brake, and
tire servicing—to ensure the safety and longevity of
all City assets.
Ensure Systematic Asset Oversight: Conduct
regular inspections and maintenance for the City’s
inventory of 52 primary vehicles (Public Works,
Police, and Administration) and over 40 pieces of
specialized equipment, ranging from street
sweepers to mobile generators.
Promote Environmental Stewardship: Reduce the
City’s carbon footprint by lowering vehicle miles
traveled (VMT) and prioritizing the purchase of
hybrid or alternative fuel vehicles during
procurement cycles.
Optimize Fuel Efficiency: Decrease reliance on
petroleum-based fuels through meticulous engine
tuning and the integration of high-efficiency
equipment.
Maintain Fiscal Transparency: Rigorously track all
maintenance and repair expenditures to support
the Finance Department with accurate year-end
cost allocations and data-driven budget planning.
Fleet Department
FY 2027 Adopted Budget | Fort Bragg Page 344
Vehicle Replacement Plan
Vehicle Replacement Plan
Unit No. Make Yr. Model Hours/Miles
FY 25/26
Projected
FY 26/27
Projecte
d
FY 27/28
Projecte
d
FY 28/29
Projecte
d
FY 29/30
Projecte
d
FY 30/31
Projecte
d
12 PETE 1997 DUMP TRUCK 430,255
11 CAT 2005 BACKHOE 2,228 200000
17 CAT 2005 LIFT TRUCK 292 50000
34 KUBOTA 2009 TRACTOR 788
49 FORD 2009 S.D. 550 17389 140000
56 GLOBAL 2016 M4 10,778 $300,000
Heavy Equipment Total $225,000 $0 $300,000 $200,000 $50,000 $140,000 Fleet Lease Total $197,397 $215,901 $429,516 $428,529 $426,606 Vehicle Setup 17 vehicles $51,000
Vehicle equity -$106,388
Vehicle Setup 1 vehicle $13,000
Vehicle equity -$15,236
Vehicle Setup 8 vehicles $73,000
Vehicle equity -$173,770
Vehicle Setup 1 vehicle $0
Vehicle equity $9,987
Vehicle Setup 1 vehicle $0
Vehicle equity $10,923
$64,000
Vehicle Total $64,000 $142,009 $213,665 $328,746 $438,516 $437,529 Total Replacement Costs $289,000 $142,009 $513,665 $528,746 $488,516 $577,529 $225,000
Fleet Department
FY 2027 Adopted Budget | Fort Bragg Page 345
Expenditures by Department
Historical Expenditures by Department
4550 - Fleet Services
In FY2027, the total expenditures for the Fleet Department increased to $776,208, representing a 12.94% rise from the FY2026 total of $687,250. The entire budget continues to be allocated to Fleet Services, which also saw a 12.94% increase, growing by $88,958 from $687,250 in FY2026 to $776,208 in FY2027.
FY27 Expenditures by Department
4550 - Fleet Services $776,208 100.00%
For the Fleet Department's Fiscal Year Expenditures by Department, the total expenditure is $776,208, which accounts for 100% under the category 4550 - Fleet Services.
Category
FY 2025 Audited
Final Numbers
FY 2026 Estimated
YE
FY 2027 Budgeted
FY 2026 Estimated YE
vs. FY 2027 Adopted
Budget (% Change)
4550 - Fleet Services $755,796 $687,250 $776,208 125.9% Total Expenditures $755,796 $687,250 $776,208 125.9%
$$550033KK
$$775566KK
$$668877KK
$$777766KK
FY2024 FY2025 FY2026 FY2027
0 $250K
$500K
$750K
$1,000K
776K
Expenditures by Department
Fleet Department
FY 2027 Adopted Budget | Fort Bragg Page 346
Expenditures by Expense Account Summary
The Fleet Department's total expenditures for FY2027 increased by 12.94% to $776,208 compared to FY2026's total of $687,250. Capital Outlay, the largest category in FY2026 at $358,000 (52.09% of total), decreased by 30.62% to $248,397, representing 32% of the FY2027 total.
Allocated Personnel Costs saw a significant increase of 1,180.22%, rising from $16,226 (2.36% of total) in FY2026 to $207,731 (26.76% of total) in FY2027, becoming the second-largest expenditure category. Materials & Services increased slightly by 1.71% to $119,000, accounting for 15.33% of the total budget.
Salaries remained relatively stable with a minor decrease of 0.51%, moving from $79,550 (11.58%) to $79,145 (10.2%).
Repairs & Maintenance decreased by 9.09% to $70,000, representing 9.02% of the total. Benefits increased by 26.23% to $47,935, now 6.18% of the budget.
Contractual Services and Other Operating expenses both increased, with Contractual Services rising by 300% to $2,000 (0.26%) and Other Operating doubling to $2,000 (0.26%). Depreciation remained at $0 for FY2027.
FY27 Expenditures by Expense Account Summary
Capital Outlay $248,397 32.00%
Allocated Personnel Costs $207,731 26.76%
Materials & Services $119,000 15.33%
Salaries $79,145 10.20%
Repairs & Maintenance $70,000 9.02%
Benefits $47,935 6.18%
Other Operating $2,000 0.26%
Contractual Services $2,000 0.26%
The Fleet Department's Fiscal Year Expenditures by Expense Account Summary includes Capital Outlay at $248,397, representing 32% of the total. Allocated Personnel Costs account for $207,731, or 26.76%. Materials & Services make up $119,000, which is 15.33%. Salaries are $79,145, comprising 10.2% of the expenditures. Repairs & Maintenance total $70,000, or 9.02%. Benefits are $47,935, representing 6.18%. Contractual Services and Other Operating expenses are both $2,000, each constituting 0.26% of the total expenditures.
Category Account ID
FY 2025
Audited Final
Numbers
FY 2026
Estimated YE
FY 2027
Budgeted
FY 2026
Estimated YE vs.
FY 2027 Adopted
Budget (%
Change)
Salaries $64,853 $79,550 $79,145 -0.5%
776K
Expenditures by Expense Account Summary
Fleet Department
FY 2027 Adopted Budget | Fort Bragg Page 347
Category Account ID
FY 2025
Audited Final
Numbers
FY 2026
Estimated YE
FY 2027
Budgeted
FY 2026
Estimated YE vs.
FY 2027 Adopted
Budget (%
Change)
Salaries &Wages,
Regular
522-4550-0101 $63,355 $70,450 $76,390 8.4%
Overtime 522-4550-0102 $1,498 $4,800 $2,754 -42.6%
Comp Time 522-4550-0103 - $800 - -100.0%
Other Pay 522-4550-0109 - $3,500 - -100.0%
Benefits $90,731 $37,974 $47,935 26.2%
Misc Insurance
Premiums & Fees
522-4550-0210 $266 $250 $127 -49.3%
Medical Premium
Contribution
522-4550-0211 $21,619 $23,540 $28,963 23.0%
Dental Premiums 522-4550-0213 $924 $1,154 $1,027 -11.0% Vision Care 522-4550-0214 $218 $220 $475 115.9%
Pers 522-4550-0220 $5,211 $6,153 $10,314 67.6%
Workers' Comp
Premium
522-4550-0231 $58,063 $1,190 $1,185 -0.4%
FICA/Medicare 522-4550-0252 $4,429 $5,467 $5,844 6.9%
Materials & Services $95,522 $117,000 $119,000 1.7%
Travel/Training
Reimbursement
522-4550-0366 $5,193 $2,000 $3,000 50.0%
General Supplies 522-4550-0375 $9,456 $8,000 $10,000 25.0% Fuel & Lubricants 522-4550-0382 $78,051 $104,000 $104,000 - Electric Charging 522-4550-0383 $2,820 $3,000 $2,000 -33.3% Mis Expenditures 522-4550-0619 $1 - - -
Allocated Personnel
Costs
$243,327 $16,226 $207,731 1,180.2%
Salary/Benefit
Allocation
522-4550-0801 $243,327 $16,226 $207,731 1,180.2%
Repairs &
Maintenance
$58,979 $77,000 $70,000 -9.1%
Equipment Repair
& Maint
522-4550-0351 $17,272 $12,000 $25,000 108.3%
Vehicle Repair &
Maint
522-4550-0352 $41,707 $65,000 $45,000 -30.8%
Contractual Services $1,451 $500 $2,000 300.0%
Professional
Services
522-4550-0319 $1,451 $500 $2,000 300.0%
Capital Outlay $2,873 $358,000 $248,397 -30.6%
Vehicles 522-4550-0742 $2,873 $358,000 $248,397 -30.6%
Depreciation $197,633 - - -
Depreciation Exp 522-4550-0499 $197,633 - - -
Other Operating $429 $1,000 $2,000 100.0%
Small Tools &
Equipment
522-4550-0381 $429 $1,000 $2,000 100.0%
Total Expenditures $755,796 $687,250 $776,208 12.9%
Fleet Department
FY 2027 Adopted Budget | Fort Bragg Page 348
Revenues by Revenue Source Summary
The Fleet Department's total revenue for FY2027 is $835,504, representing a 7.94% increase from the FY2026 total of $774,041. The largest revenue source in FY2027 remains Interdepartmental charges at $729,116, which accounts for
87.27% of the total revenue. This category decreased by $44,425, or 5.74%, compared to FY2026 when it was $773,541 and made up 99.94% of the total.
Other operating revenue experienced a significant increase in FY2027, rising to $106,388 from $500 in FY2026. This change represents an increase of $105,888 or 21,177.6%, and it now constitutes 12.73% of the total revenue, up from
0.06% the previous year.
The Transfer from Other Funds category remained at $0 in FY2027, consistent with FY2026, following a decrease of $2,147 or 100% from the prior period.
FY27 Revenues by Revenue Source Summary
Interdepartmental charges $729,116 87.27%
Other Operating $106,388 12.73%
For the Fleet Department's Fiscal Year Revenue by Revenue Source Summary, Interdepartmental charges account for $729,116, representing 87.27% of the total revenue. Other Operating contributes $106,388, making up 12.73% of the revenue.
836K
Fleet Department
FY 2027 Adopted Budget | Fort Bragg Page 349
Category Account ID
FY 2025
Audited Final
Numbers
FY 2026
Estimated YE
FY 2027
Budgeted
FY 2026
Estimated YE vs.
FY 2027 Adopted
Budget (%
Change)
Transfer from Other
Funds
$2,147 - - -
Transfer from Other
Funds
522-7999-7999 $2,147 - - -
Interdepartmental
charges
$729,116 $773,541 $729,116 -5.7%
Allocation -Int Serv
Fund
522-0000-3498 $729,116 $773,541 $729,116 -5.7%
Other Operating - $500 $106,388 21,177.6%
Misc Revenue 522-0000-3998 - $500 $106,388 21,177.6%
Total Revenues $731,263 $774,041 $835,504 7.9%
Revenues by Revenue Source Summary
Fleet Department
FY 2027 Adopted Budget | Fort Bragg Page 350
Debt Services
Debt Services
FY 2027 Adopted Budget | Fort Bragg Page 351
Debt Management Policy
Introduction
The City of Fort Bragg and the Fort Bragg Municipal Improvement District No. 1 (collectively referred to as the “City”) have adopted the following “Debt Management Policy” which is intended to guide decisions related to debt issued by the City. Debt issuance should be evaluated on a case-by-case basis as well as within the context of the City’s overall capital structure and policy objectives. Adherence to the Debt Management Policy is necessary to ensure that the City maintains a sound debt position and that it protects the credit quality of its debt obligations.
Goals and Objectives
The Debt Management Policy formally establishes parameters for issuing debt and managing a debt portfolio which recognizes the City’s specific capital improvement needs, ability to repay financial obligations, and legal, economic, financial and capital market conditions. Specifically, the Debt Management Policy is intended to assist the City in the following:
Promoting sound financial management through accurate and timely information on financial conditions, Evaluating critical debt issuance options,
Protecting and enhancing the City's credit rating.
The policies outlined in the Debt Management Policy are a tool to help ensure that adequate financial resources are available to support the City’s long-term capital needs.
Principles of Debt Management and Debt Issuance
Factors to be considered when evaluating issuance or refunding of debt will include:
Intergenerational equity,
Compliance with the City’s reserve policies,
Cost of ongoing maintenance of new projects,
Forgone interest earnings from the use of cash reserves or investments, Debt service requirements and affordability.
The City will manage its debt to ensure high credit quality, access to capital markets, and financial flexibility.
The City will seek to fund a portion of its overall capital program from current resources (pay-as-you-go) and reserves, depending upon the specific projects, annual budgetary constraints and availability and rate of investment earnings.
The City will consider the use of debt in those cases where public policy, equity, and economic efficiency favor debt over cash (pay-as-you-go) financing.
The City will not construct or acquire a facility or capital improvement if it is unable to adequately provide for the subsequent annual operation and maintenance costs of the facility.
The City will not fund working capital (general fund) reserves, or operating and maintenance costs through the issuance of debt.
The City will utilize a multi-year capital financing plan to determine the affordability of debt. The capital financing plan will provide a multi-year forecast which shall include, but not be limited to; description of sources of funds; availability of current revenues, timing of capital projects, and debt service requirements.
Standards for Use of Debt Financing
Debt Management Policy
FY 2027 Adopted Budget | Fort Bragg Page 352
City Council Consideration. The City Council shall endeavor to receive sufficient information about debt financing to understand the short- and long-term ramifications of each debt issuance. The Council shall meet as necessary with the City Manager, Finance Director and other appropriate advisors, if deemed necessary, for the purpose of reviewing and making a final determination related to each debt issuance.
Long-Term Capital Projects. The City Council will consider the use of debt to finance long-term capital projects only when paying for the facilities or equipment over their useful life and concurrent with the benefits derived from the use of such facilities, and when project revenues or specific resources will be sufficient to service the long-term debt. The final maturity of the bonds shall not exceed the expected useful life of each project.
Special Circumstances for Debt Issuance. Debt may be used in special circumstances for projects other than long-term capital projects (as an example, for pension obligations) only after careful policy evaluation by the City.
Debt Management Policy
FY 2027 Adopted Budget | Fort Bragg Page 353
Debt Financing Mechanisms. The City will seek to utilize the most cost advantageous financing alternative available, taking into consideration policy objectives. The Finance Director shall evaluate the use of all financial alternatives available, including, but not limited to long-term debt, pay-as-you-go, joint financing, reserve fund releases, lease-purchase, special districts, special assessments, state and federal aid, tax-exempt leasing, public/private partnerships, and State revolving loan programs. The recommendation of the Finance Director shall be submitted to the City Manager and a staff recommendation shall be submitted to the Council.
Methods of Issuance. The City will determine, on a case-by-case basis, whether to sell its bonds competitively or through negotiation.
Credit Quality. All City debt management activities will be conducted to receive the highest credit ratings possible, consistent with the City’s financing objectives and, at a minimum, to maintain current credit ratings assigned to the City's debt by the major credit rating agencies.
Debt Capacity. The City will carefully monitor its level of general purpose debt. Because the City’s general purpose debt capacity is limited, it is important that the City only use general purpose debt financing for highpriority projects where other financing methods cannot be used. In evaluating debt capacity, general purpose annual debt service payments shall not exceed 10% of General Fund revenues. The City’s Enterprise Fund debt capacity will be evaluated as an integral part of the City’s rate review and setting process. The City will set Enterprise Fund service rates at levels needed to fully cover debt service, operations, maintenance, administration and capital improvement requirements.
Financing Criteria
When the City determines that the use of debt is appropriate, the following criteria will be utilized to evaluate the type of debt to be issued:
Pay-As-You-Go Financing. The City will consider Pay-As-You-Go Financing if current revenues and adequate fund balances are available or project phasing can be accomplished. Other factors to be considered include:
current debt levels, the effect of additional debt on the City’s credit rating, anticipated difficulties in marketing debt, and stability of market conditions.
Long-Term Debt. The City may issue long-term debt when required capital improvements cannot be financed from current revenues or reserves without having an impact on the City’s financial stability and/or operating flexibility. Long-term borrowing should not be used to finance current operations or normal maintenance and repairs.
Variable Rate Debt. To maintain a predictable debt service burden and rate structure, the City may give preference to debt that carries a fixed interest rate. The City, however, may consider variable rate debt, especially in periods of high interest rates, or when the revenue stream for repayment is variable.
Interfund or Short-Term Debt. Interfund or short-term borrowing may be utilized for temporary funding of operational cash flow deficits or anticipated revenues. Short-term debt may be used when it provides an interest rate advantage or as interim financing until market conditions are more favorable.
Terms and Conditions of Bonds
The City shall establish all terms and conditions relating to the issuance of bonds, and will control, manage, and invest all bond proceeds. Unless otherwise authorized by the City Council, the following shall serve as bond requirements.
Maturity/Term. All capital improvements financed through the issuance of debt will be financed for a period not Debt Management Policy
FY 2027 Adopted Budget | Fort Bragg Page 354
to exceed the useful life of the improvements, but in no event will the term exceed 40 years.
Debt Service Structure. Debt issuance shall be planned to achieve relatively rapid repayment of debt while still matching debt service to the useful life of facilities. The City shall avoid the use of bullet or balloon maturities except in those instances where these maturities serve to meet aggregate debt service structuring objectives.
Debt service should be structured primarily on an aggregate level annual basis, as opposed to on an escalating or deferred basis.
Coupon Structure. Debt may include par, discount, premium and capital appreciation bonds. Discount, premium, and capital appreciation bonds must be demonstrated to be advantageous relative to par bond structures.
Call Provisions. The City’s securities should include an optional call feature, which typically is no later than 10 years from the date of delivery of the bonds. The City will avoid the sale of non-callable bonds absent careful evaluation by the City and its financial advisor with respect to the value of the call option.
Bond Insurance / Credit Enhancement. The City shall have the authority to purchase bond insurance or credit enhancement when such purchase is deemed prudent and advantageous. The determination shall be based on the net present value debt service cost comparison of insured/enhanced bonds versus uninsured/unenhanced bonds.
Debt Management Policy
FY 2027 Adopted Budget | Fort Bragg Page 355
Debt Service Reserves. A reserve fund shall be funded from the proceeds of each series of bonds, subject to federal tax regulations and in accordance with the requirements of credit enhancement providers, rating agencies, and investor demands. The reserve fund shall be treated as a Restricted Reserve as defined in the City Reserve Policy. The City shall have the authority to purchase reserve equivalents (i.e., the use of a reserve fund surety) when such purchase is deemed prudent and advantageous. Such equivalents shall be evaluated in comparison to cash funding of reserves on a net present value basis, taking into account the impact of investments and arbitrage rebate considerations.
Refinancing Outstanding Debt
The Finance Director shall analyze outstanding bond issues for refunding opportunities that may be presented by underwriting firms. The City will consider the following issues when analyzing possible refunding opportunities:
Debt Service Savings. The City will refund debt when it is in the best financial interest of the City to do so. The City shall evaluate each refunding opportunity based on net present value savings, which shall take into account foregone interest earnings, all costs related to the refinancing, and arbitrage implications (i.e., net-tonet savings).
Restructuring. The City will only consider restructuring when it can be demonstrated that a proposed structure will assist the City in meeting at least one of several goals, including: meeting unanticipated revenue expectations, achieving cost savings, mitigating irregular debt service payments, releasing reserve funds or removing restrictive bond covenants.
Term of Refunding Issues. The City will refund bonds within the term of the originally issued debt. However, the City may consider maturity extension when necessary to achieve a desired outcome, provided that such extension is legally permissible. The City may also consider shortening the term of the originally issued debt to realize greater savings. The remaining useful life of the financed facility and the concept of intergenerational equity should guide this decision.
Escrow Structuring. The City shall utilize the least costly securities available in structuring refunding escrows.
Arbitrage. The City shall take all necessary steps to optimize escrows and to minimize negative arbitrage in a refunding escrow, including evaluating the risks and benefits of an economic versus legal defeasance.
Market Relationships
Rating Agencies and Investors. The Finance Director shall be responsible for maintaining the City’s relationships with rating agencies (i.e., Moody’s Investors Service, Standard & Poor’s and Fitch).
Continuing Disclosure. The City shall remain in compliance with Securities Exchange Commission (SEC) Rule 15c2-12 by filing its annual financial statements and other financial and operating data for the benefit of its bondholders within the deadlines imposed by Rule 15c-2-12. The City shall provide this information to the Municipal Securities Rulemaking Council (MSRB) Electronic Municipal Market Access Website (www.emma.msrb.org). The City will make this information available on its website.
Record Keeping/Reporting. The City shall maintain a repository for all debt-related records, which includes: all official statements, ordinances, indentures, trustee reports, leases, etc. for all City debt in electronic format. To the extent that official transcripts incorporate these documents, possession of a transcript will suffice.
Debt Management Policy
FY 2027 Adopted Budget | Fort Bragg Page 356
Arbitrage Rebate. The City will account for all interest earnings in debt-related funds. The use of bond proceeds and their investments shall be monitored to ensure compliance with all debt covenants, legal requirements, and IRS arbitrage regulations. The City will endeavor to make investments that maximize the amount of the interest earnings it can retain (under IRS regulations) for all bond funds. The Finance Director shall ensure that proceeds and investments are tracked in a manner which facilitates accurate calculation and timely payment of rebates, if applicable.
Procurement and Selection of Financing Team
The City shall procure professional services as required to execute financing transactions and to provide advice on non-transaction related work. The City shall establish selection criteria for selecting its financing team members, which include financial advisor, bond counsel, and underwriter. The criteria may include, but are not limited to:
Professional excellence,
Demonstrated competence,
Specialized experience performing similar services for California agencies, Education and experience of key personnel to be assigned, Geographic proximity,
Staff capability,
Debt Management Policy
FY 2027 Adopted Budget | Fort Bragg Page 357
Ability to meet schedules,
Nature and quality of similar completed work of the firm or individual, Reliability and continuity of the firm or individual.
Note: Definitions to financial terms used in this policy are found in the Glossary section of the budget.
Debt Management Policy
FY 2027 Adopted Budget | Fort Bragg Page 358
Interfund Loan Policy
The purpose of the City’s Interfund Loan Policy is to specify the principles under which interfund loans may be considered
and approved. The policy specifies the terms and conditions, it summarizes the due diligence necessary prior to the loan
and provides guidance as to the repayment and accounting for these loans. This policy was designed to avoid the problems in interfund loans experienced in the past, facilitate future loans in a structured manner and set clear accounting rules for these loans. The principles of City’s Interfund Loan Policy are as follows:
a. The City Council shall act by resolution to approve any proposed interfund loan. All interfund loans must be documented by formal agreements that specify the terms and conditions. The loan amount shall be approved at the amount minimally necessary to ensure the completion of the project for which the funding is required. b. All interfund loans shall be interest bearing and the amount of interest to be paid on the loan must be at least equal
to the investment earnings the fund making the loan would have received had the loan not occurred. c. The term of an interfund loan shall be established by the City Council and typically shall not exceed five years. d. All interfund loan proposals require a feasibility analysis demonstrating that:
The borrowing fund has the capacity to repay the debt;
The lending fund has the capacity to lend the funds, beyond its own operating and capital needs; and The loan does not violate any debt covenants or other provisions of the borrowing and lending funds. e. As part of the due diligence, each loan proposal must demonstrate that the loan can be repaid. It is important to avoid masking an operating deficiency in one fund with an interfund loan from another fund. This is the centerpiece
of the policy, which seeks to avoid loans that fail the fundamental test of performance (repayment) under the contract.
f. If a feasibility analysis does not show that the loan can be safely repaid, the appropriate recommendation may be a
revenue enhancement or another correction of the underlying reason for the funding deficiency. An alternative financing recommendation may be a fund balance donation. This requirement is also intended to identify conflicts
with specific restrictions or requirements pertaining to certain funds. Such conflicts may arise from applicable debt
covenants, fiduciary requirements on funds held by the City or legal hurdles that the funding needs to overcome. g. There is to be no prepayment penalty, the interest is to be paid quarterly, and principle payments are subject to the
feasibility analysis cash projections.
h. The interest expense from interfund loans is to be treated as user fund expense, while the interest income is to be
treated as interest revenue to the loaning fund.
Interfund Loan Policy
FY 2027 Adopted Budget | Fort Bragg Page 359
General Fund - 2021 Lease Revenue Bonds
Principal Interest Total
FY 2026/27 Payment $285,000 $240,555 $465,555
General Fund - 2021 Lease Revenue Bonds
FY 2027 Adopted Budget | Fort Bragg Page 360
General Fund - 2025 Solar Lease Payable
General Fund - 2025 Solar Lease Payable
FY 2027 Adopted Budget | Fort Bragg Page 361
Principal Interest Total
FY 2026/27 Payment $49,000 $353,700 $402,700
General Fund - 2025 Solar Lease Payable
FY 2027 Adopted Budget | Fort Bragg Page 362
Broadband Enterprise - 2025 Purchase
Agreement Loan
Broadband Enterprise - 2025 Purchase Agreement
FY 2027 Adopted Budget | Fort Bragg Page 363
Principal Interest Total
FY 2026/27 Payment $0 $382,171 $382,171
Broadband Enterprise - 2025 Purchase Agreement
FY 2027 Adopted Budget | Fort Bragg Page 364
Wastewater Enterprise - 2018 Certificate of
Participation
WW Enterprise-2018 Certificate of Participation
FY 2027 Adopted Budget | Fort Bragg Page 365
Principal Interest Total
FY 2026/27 Payment $99,000 $86,250 $185,250
WW Enterprise-2018 Certificate of Participation
FY 2027 Adopted Budget | Fort Bragg Page 366
RDA 2015 Tax Allocation Refunding Bonds
RDA 2015 Tax Allocation Refunding Bonds
FY 2027 Adopted Budget | Fort Bragg Page 367
Principal Interest Total
FY 2026/27 Payment $180,000 $70,100 $250,100
RDA 2015 Tax Allocation Refunding Bonds
FY 2027 Adopted Budget | Fort Bragg Page 368
Capital Improvement Plan
The City of Fort Bragg’s Five-Year Capital Improvement Program (CIP) outlines current and future infrastructure needs and capital funding priorities in the following areas:
i. Municipal Facilities,
ii. Parks & Community Services,
iii. Street Maintenance & Traffic Safety,
iv. CV Starr Enterprise,
v. Water Enterprise,
vi. Wastewater Enterprise,
vii. Storm Water.
The CIP is an important planning tool that identifies and prioritizes all major capital projects in the City. It helps determine funding sources and needs.
In general, the CIP provides funding for infrastructure construction and non-routine maintenance, while funding for routine infrastructure maintenance is appropriated in the operating budget and in other special revenue funds. CIP projects, including streets, buildings, recreational facilities, and parks are defined as assets with an initial individual cost of at least $50k and an estimated useful life of greater than two years. Acquisitions of other capital assets (such as machinery, furniture, and vehicles) are generally accounted for in an internal service fund or departmental account that is responsible for financing each expenditure. Cost estimates are prepared for each capital project using current year dollars.
The CIP shows detailed expenditures and funding for capital projects over the next five years, covering FY 2027 through FY 2031. “Prior Year” funding for projects which span multiple years is also shown. The CIP also includes a “Beyond CIP” category that recognizes the importance of planning for future significant capital projects beyond the five-year CIP time frame.
The projects planned for FY 2027 include expenditures that will be appropriated through the FY 2027 Budget adoption process. Projected expenditures shown for FY 2028 through FY 2031 and Beyond CIP are provided primarily for project planning and long-range financial planning purposes and do not reflect a commitment of funds. Expenditure approval will be sought for these projects during the appropriate fiscal year.
The CIP consists of projects with a total cost of approximately $123.4 million. For FY 2027, projects totaling approximately $20 million are recommended for appropriation.
The CIP is organized as follows:
1. FY 2027-2031 Five Year Capital Improvement Program – Expenditures by Category
2. FY 2027-2031 Five Year Capital Improvement Program – Expenditures by Source
3. FY 2027-2031 Capital Improvement Program Projects Detail Capital Improvement Plan
FY 2027 Adopted Budget | Fort Bragg Page 369
Capital Improvement Plan
FY 2027 Adopted Budget | Fort Bragg Page 370
FY 2026-2031 Capital Improvement Program By Category
Column2 Prior
FY 26/27
Proposed
Budget FY 27/28 FY 28/29 FY 29/30 FY 30/31 Est. 5 year
Fund Project FY(s) Projected Projected Projected Projected Total
MUNICIPAL FACILITIES
416
Guest House
Rehabilitation and Brick
Pointing 120,000
Broadband - Fiber 12,834,733 2,980,204
Corp Yard Office
Training Center
Construction 250,000
City Hall - Siding
Replace -South and
East Side 160,000
Emergency
Operations CenterVeterans Memorial 100,000 150,000 2,500,000 E. City Hall,
Rehabilitation &
Stabilization 250,000 2,000,000
Facilites Door &
Security Retrofit 75,000
424
Main St Fire Station
Rehab - North Wing 207,702 3,800,000
427
Police Department
Paint & Repairs -
External 70,000
Microgrid 25,000 4,000,000
City Hall Stair Lift 144,000
Total Municipal
Facilities
PARKS & COMMUNITY SERVICES
Pomo Bluffs Park -
Bathroom Replacement 90,000 $90,000
Pomo Bluffs Park -
Parking lot rehabilitation 50,000 $50,000
Otis Johnson Trail
Restoration 100,000 $100,000
Highway 20 Forest
and Recreation Area 3,000,000 $3,000,000
Downtown Franklin
Plaza / Public Square 500,000 1,500,000 $2,000,000
Total Parks &
Community Services $ - $ -
STREET MAINTENANCE & TRAFFIC SAFETY
Rule 20 Project 2,190,000 $2,190,000
421
Systematic
Improvements at UnSignalized Intersections 18,100 186,446 $186,446 SS4A City-Wide Sign
Replacement Project 631,000 $631,000
CBD Coastal Trail
Connection 85,000 715,000 $800,000
$ 120,000
$ 2,980,204
$ 250,000
$ 160,000
$ 2,750,000
$ 2,250,000
$ 75,000
$ 3,800,000
$ 70,000
$ 4,000,000
$ 144,000
$ 13,067,435 $ 3,669,204 $ 400,000 $ 8,530,000 $ 4,000,000 $ - $ 16,599,204 $ 3,740,000 $ 1,500,000 $ - $ - $ 5,240,000
CIP 5 Year Summary
FY 2027 Adopted Budget | Fort Bragg Page 371
Column2 Prior
FY 26/27
Proposed
Budget FY 27/28 FY 28/29 FY 29/30 FY 30/31 Est. 5 year
Fund Project FY(s) Projected Projected Projected Projected Total Willow St. Pedestrian
Improvements -HSIP 45,900 351,300 $351,300
City-Wide Sidewalks 19,356 3,300,000 $3,300,000
Roadway
Revitalization 180,050 403,450 5,939,220 $6,342,670
Red Street and Alley
Rehabilitation 650,000 4,350,000 $5,000,000
Total Street Maint. &
Traffic Safety
CV STARR ENTERPRISE
Resiliency Center -
CV Starr Center 1,450,000 13,050,000
Replace13 Small
HVAC Systems 820,000 820,000 1,025,000 $2,665,000
Charge-Up CV Starr
Center (6 DC Fast
Chargers) and Parking
Lot Rehab 85,447 906,000 $991,447
Boiler Replacement (
Leisure and Hydronic) 60,000 65,000 $125,000
Total CV Starr
Enterprise
WATER ENTERPRISE
Madsen Hole Ranney
- Design 300,000 $300,000
Oneka BuoyDesalination 1,100,000 300,000 $300,000
651 Noyo River Crossing 1,400,000 $1,400,000
651
Pudding Creek Water
Main Relocation 139,126 819,000 $819,000
651
Raw Water Line All
Phases 4,272,031 5,538,456 $5,538,456
651
Raw Water Reservoirs
- 135 AF 2,950,000 6,000,000 5,800,000 $11,800,000
651
Pudding Creek Water
Main Paint 121,550 12,100 $12,100
651
Water Main Extension
North Fort Bragg (P-2) 300,000 1,084,000 $1,384,000
Recycled Water 500,000
Water Tank #1
Replacement (T-1)
Brush Creek Culvert
Replacement 386,000 $386,000
Cedar Street Water
Line Replacement (P-1) 320,000 3,300,000 $3,620,000
Willow Street Pump
Station (PS-1) 976,920 7,164,080 $8,141,000
Oak Street Valves (V1) 93,000 $93,000
System Renewal -
Pipe Replacement (PL1) 2,830,000 $2,830,000
Total Water Enterprise
WASTEWATER ENTERPRISE
716
Collection System
Master Plan 750,000
716
Pudding Creek Sewer
Main Relocation 420,000 $420,000
$ 263,406 $ 4,872,196 $ 6,024,220 $ 715,000 $ 650,000 $ 6,540,000 $ 18,801,416 $ 14,500,000
$ - $ 85,447 $ 1,450,000 $ 14,776,000 $ 880,000 $ 1,090,000 $ 18,281,447 $ 9,082,707 $ 8,755,556 $ 7,596,920 $ 10,277,000 $ 7,164,080 $ 2,830,000 $ 36,623,556 CIP 5 Year Summary
FY 2027 Adopted Budget | Fort Bragg Page 372
CIPP-Force Mains
Project 1,407,500 $1,407,500
716
Extend Sewer System
North Fort Bragg 430,515 $430,515
716
Biosolids Dryer
Building Construction 374,341 32,000 3,500,000 $3,532,000 Chief Celeri Sewer
Main Replacement (P01) 339,310 2,270,765 $2,610,075
Elm Street Force Main
CIPP Lining (F-01) 963,152 $963,152
E Alder St Sewer
Main Replacement (P03) 106,003 709,401 $815,404
WWTP Sewer Main
Replacement (P-02) 726,029 4,858,808 $5,584,837
E Oak St
Replacement IV (P-16) 79,213 712,917 $792,130
Sewer Main
Replacement (P-10, 11,
06) 121,056 $121,056
Lift Stations
Rehabilitation (R-2) 403,645 $403,645
CCTV Condition
Inspection (R-1) 300,000 $300,000
Total Wastewater
Enterprise
STORM WATER
Trash Capture
Devices 206,000 300,000 898,000 3,200,000 $4,398,000
Trash Can
Replacement 280,000
Minnesota/Riverview
Storm Drain Repair 60,000 $60,000
Stormwater Program
Asset Management
Plan 82,566
Storm Drain Master
Plan Repairs 1,500,000 1,500,000 1,500,000 1,500,000 $6,000,000 Total Storm Water
Grand Total
$ 1,124,341 $ 2,278,023 $ 3,414,197 $ 4,569,155 $ 2,139,075 $ 4,979,864 $ 17,380,313 $ 568,566 $ 360,000 $ 2,398,000 $ 4,700,000 $ 1,500,000 $ 1,500,000 $ 10,458,000 $ 24,106,455 $ 20,020,426 $ 25,023,337 $ 45,067,155 $ 16,333,155 $ 16,939,864 $ 123,383,937 CIP 5 Year Summary
FY 2027 Adopted Budget | Fort Bragg Page 373
FY 2026-2031 Capital Improvement Program By Funding
Source
Prior
FY 26/27
Proposed
Budget
FY 27/28 FY 28/29 FY 29/30 FY 30/31 Est. 5 year
Fund Project FY(s) Projected Projected Projected Projected Total
CV STARR ENTERPRISE FUNDS
Replace13 Small
HVAC Systems 820,000 820,000 1,025,000 2,665,000
Boiler Replacement (
Leisure and Hydronic) 60,000 65,000 125,000
820,000 880,000 1,090,000 2,790,000
GENERAL FUND
Minnesota/Riverview
Storm Drain Repair 60,000 60,000
Storm Drain Master
Plan Repairs 1,500,000 1,500,000 1,500,000 1,500,000 6,000,000 60,000 1,500,000 1,500,000 1,500,000 1,500,000 6,060,000
GRANT FUNDED
Willow Street Pump
Station (PS-1) 976,920 7,164,080 8,141,000
Broadband - Fiber 12,834,733 2,980,204
424
Main St Fire Station
Rehab - North Wing 207,702 3,800,000
Microgrid 25,000 4,000,000
Charge-Up CV Starr
Center (6 DC Fast
Chargers) and
Parking Lot Rehab 85,447 906,000 991,447
Oneka Buoy -
Desalination 1,100,000 300,000 300,000
651
Raw Water Line All
Phases 4,272,031 5,538,456 5,538,456
Recycled Water 500,000
Trash Capture
Devices 206,000 300,000 898,000 3,200,000 4,398,000
Trash Can
Replacement 280,000
Stormwater Program
Asset Management
Plan 82,566
19,508,032 9,204,107 1,874,920 7,906,000 11,164,080 - 30,149,107
INTERNAL SERVICE FUND
416
Guest House
Rehabilitation and
Brick Pointing
Corp Yard Office
Training Center
Construction 250,000
City Hall - Siding
Replace -South and
East Side 160,000
Emergency
Operations CenterVeterans Memorial 100,000 150,000 2,500,000 Facilites Door &
Security Retrofit 75,000
427
Police Department
Paint & Repairs -
External 70,000
- 545,000 150,000 2,730,000 - - 3,425,000
$ 2,980,204
$ 3,800,000
$ 4,000,000
$ 120,000 $ 120,000
$ 250,000
$ 160,000
$ 2,750,000
$ 75,000
$ 70,000
CIP 5 Year Summary
FY 2027 Adopted Budget | Fort Bragg Page 374
Prior
FY 26/27
Proposed
Budget
FY 27/28 FY 28/29 FY 29/30 FY 30/31 Est. 5 year
Fund Project FY(s) Projected Projected Projected Projected Total
STREET REPAIR
Rule 20 Project 2,190,000 2,190,000
421
Systematic
Improvements at UnSignalized
Intersections 18,100 186,446 186,446
SS4A City-Wide Sign
Replacement Project 631,000 631,000
CBD Coastal Trail
Connection 85,000 715,000 800,000
Willow St. Pedestrian
Improvements -HSIP 45,900 351,300 351,300
City-Wide Sidewalks 19,356 3,300,000 3,300,000
Roadway
Revitalization 180,050 403,450 5,939,220 6,342,670
Red Street and Alley
Rehabilitation 650,000 4,350,000 5,000,000
263,406 4,872,196 6,024,220 715,000 650,000 6,540,000 18,801,416
WATER ENTERPRISE FUNDS
Madsen Hole Ranney
- Design 300,000 300,000
651 Noyo River Crossing 1,400,000 1,400,000
651
Pudding Creek Water
Main Relocation 139,126 819,000 819,000
Prior
FY 26/27
Proposed
Budget
FY 27/28 FY 28/29 FY 29/30 FY 30/31 Est. 5 year
Fund Project FY(s) Projected Projected Projected Projected Total 651
Raw Water
Reservoirs - 135 AF 2,950,000 6,000,000 5,800,000 11,800,000 651
Pudding Creek Water
Main Paint 121,550 12,100 12,100
651
Water Main Extension
North Fort Bragg (P2) 300,000 1,084,000 1,384,000
Brush Creek Culvert
Replacement 386,000 386,000
Cedar Street Water
Line Replacement (P1) 320,000 3,300,000 3,620,000
Oak Street Valves (V1) 93,000 93,000
System Renewal -
Pipe Replacement
(PL-1) 2,830,000 2,830,000
3,210,676 2,917,100 6,620,000 10,277,000 - 2,830,000 22,644,100
WASTE WATER ENTERPRISE FUNDS
716
Pudding Creek Sewer
Main Relocation 420,000 420,000
CIPP-Force Mains
Project 1,407,500 1,407,500
716
Biosolids Dryer
Building Construction 374,341 32,000 3,500,000 3,532,000 Chief Celeri Sewer
Main Replacement
(P-01) 339,310 2,270,765 2,610,075
Elm Street Force
Main CIPP Lining (F01) 963,152 963,152
CIP 5 Year Summary
FY 2027 Adopted Budget | Fort Bragg Page 375
E Alder St Sewer
Main Replacement
(P-03) 106,003 709,401 815,404
WWTP Sewer Main
Replacement (P-02) 726,029 4,858,808 5,584,837
E Oak St
Replacement IV (P16) 79,213 712,917 792,130
Sewer Main
Replacement (P-10,
11, 06) 121,056 121,056
Lift Stations
Rehabilitation (R-2) 403,645 403,645
CCTV Condition
Inspection (R-1) 300,000 300,000
716
Collection System
Master Plan 750,000 -
City Hall Stair Lift 144,000
1,124,341 2,422,023 2,983,682 4,569,155 2,139,075 4,979,864 17,093,798 Prior
FY 26/27
Proposed
Budget
FY 27/28 FY 28/29 FY 29/30 FY 30/31 Est. 5 year
Fund Project FY(s) Projected Projected Projected Projected Total
UNIDENTIFIED FUNDING
E. City Hall,
Rehabilitation &
Stabilization 250,000 2,000,000
Pomo Bluffs Park -
Bathroom
Replacement 90,000 90,000
Pomo Bluffs Park -
Parking lot
rehabilitation 50,000 50,000
Otis Johnson Trail
Restoration 100,000 100,000
Highway 20 Forest
and Recreation Area 3,000,000 3,000,000
Downtown Franklin
Plaza / Public Square 500,000 1,500,000 2,000,000
Water Tank #1
Replacement (T-1)
Resiliency Center -
CV Starr Center 1,450,000 13,050,000
716
Extend Sewer System
North Fort Bragg 430,515 430,515
5,870,515 16,550,000 - - 22,420,515
Grand Total
$ 144,000
$ 2,250,000
$ 14,500,000
$ 24,106,455 $ 20,020,426 $ 25,023,337 $ 45,067,155 $ 16,333,155 $ 16,939,864 $ 123,383,937 CIP 5 Year Summary
FY 2027 Adopted Budget | Fort Bragg Page 376
Municipal Facilities
Municipal Facilities
FY 2027 Adopted Budget | Fort Bragg Page 377
Guest House Rehabilitation
FY 2027 Adopted Budget | Fort Bragg Page 378
Broadband Fiber
FY 2027 Adopted Budget | Fort Bragg Page 379
Corp Yard Office Training Center Construction
FY 2027 Adopted Budget | Fort Bragg Page 380
City Hall - Siding Replace - South & East Side
FY 2027 Adopted Budget | Fort Bragg Page 381
Emergency Operations Center - Veterans Memorial
FY 2027 Adopted Budget | Fort Bragg Page 382
E. City Hall Rehabilitation & Stabilization
FY 2027 Adopted Budget | Fort Bragg Page 383
Facilities Door & Security Retrofit
FY 2027 Adopted Budget | Fort Bragg Page 384
Main St. Fire Station Rehab - North
FY 2027 Adopted Budget | Fort Bragg Page 385
Police Dept. Paint & Repairs- Exterior
FY 2027 Adopted Budget | Fort Bragg Page 386
Microgrid
FY 2027 Adopted Budget | Fort Bragg Page 387
City Hall Stair Lift
FY 2027 Adopted Budget | Fort Bragg Page 388
Parks & Community Services
Parks & Community Services
FY 2027 Adopted Budget | Fort Bragg Page 389
Pomo Bluffs Park-Bathroom Replacement
FY 2027 Adopted Budget | Fort Bragg Page 390
Pomo Bluffs Park- Parking Lot Rehab
FY 2027 Adopted Budget | Fort Bragg Page 391
Otis Johnson Trail Restoration
FY 2027 Adopted Budget | Fort Bragg Page 392
Highway 20 Forest and Recreation Area
FY 2027 Adopted Budget | Fort Bragg Page 393
Downtown Franklin Plaza / Public Square
FY 2027 Adopted Budget | Fort Bragg Page 394
Street Maintenance & Traffic Safety
Street Maintenance & Traffic Safety
FY 2027 Adopted Budget | Fort Bragg Page 395
Rule 20 (Utility Underground)
FY 2027 Adopted Budget | Fort Bragg Page 396
Systematic Improvements at Unsignalized
FY 2027 Adopted Budget | Fort Bragg Page 397
SS4A City-Wide Sign Replacement
FY 2027 Adopted Budget | Fort Bragg Page 398
CBD Coastal Trail Connection
FY 2027 Adopted Budget | Fort Bragg Page 399
Willow St. Pedestrian Improvement - HSIP
FY 2027 Adopted Budget | Fort Bragg Page 400
City-Wide Sidewalk Rehabilitation
FY 2027 Adopted Budget | Fort Bragg Page 401
Roadway Revitalization
FY 2027 Adopted Budget | Fort Bragg Page 402
Red Streets and Alley Rehabilitation
FY 2027 Adopted Budget | Fort Bragg Page 403
CV Starr Enterprise
CV Starr Enterprise
FY 2027 Adopted Budget | Fort Bragg Page 404
Resiliency Center - CV Starr Center
FY 2027 Adopted Budget | Fort Bragg Page 405
Replace Small HVAC Systems
FY 2027 Adopted Budget | Fort Bragg Page 406
Charge Up CV Starr
FY 2027 Adopted Budget | Fort Bragg Page 407
Boiler Replacement Leisure Pool and Hydronic
FY 2027 Adopted Budget | Fort Bragg Page 408
Water Enterprise
Water Enterprise
FY 2027 Adopted Budget | Fort Bragg Page 409
Madsen Hole Rainey - Design
FY 2027 Adopted Budget | Fort Bragg Page 410
Desalination- Ocean Intake - Pilot Project
FY 2027 Adopted Budget | Fort Bragg Page 411
Noyo River Crossing
FY 2027 Adopted Budget | Fort Bragg Page 412
Pudding Creek Water Main Relocation
FY 2027 Adopted Budget | Fort Bragg Page 413
Raw Water Line - All Phases
FY 2027 Adopted Budget | Fort Bragg Page 414
Raw Water Reservoirs - 135 AF
FY 2027 Adopted Budget | Fort Bragg Page 415
Pudding Creek Water Main Paint
FY 2027 Adopted Budget | Fort Bragg Page 416
Water Main Extension North Fort Bragg
FY 2027 Adopted Budget | Fort Bragg Page 417
Recycled Water
FY 2027 Adopted Budget | Fort Bragg Page 418
Water Tank #1 Replacement
FY 2027 Adopted Budget | Fort Bragg Page 419
Brush Creek Culvert Replacement
FY 2027 Adopted Budget | Fort Bragg Page 420
Cedar Street Water Line Replacement
FY 2027 Adopted Budget | Fort Bragg Page 421
Willow Street Pump Station
FY 2027 Adopted Budget | Fort Bragg Page 422
Oak Street Valves
FY 2027 Adopted Budget | Fort Bragg Page 423
System Renewal - Pipe Replacement
FY 2027 Adopted Budget | Fort Bragg Page 424
Wastewater Enterprise
Wastewater Enterprise
FY 2027 Adopted Budget | Fort Bragg Page 425
Collection System Rehabilitation
FY 2027 Adopted Budget | Fort Bragg Page 426
Pudding Creek Sewer Main Relocation
FY 2027 Adopted Budget | Fort Bragg Page 427
CIPP-Force Mains Project
FY 2027 Adopted Budget | Fort Bragg Page 428
Sewer Main Extension North Fort Bragg
FY 2027 Adopted Budget | Fort Bragg Page 429
Biosolids Dryer Building
FY 2027 Adopted Budget | Fort Bragg Page 430
Chief Celeri Sewer Main Replacement
FY 2027 Adopted Budget | Fort Bragg Page 431
Elm Street Force Main CIPP Lining
FY 2027 Adopted Budget | Fort Bragg Page 432
E Alder St Sewer Main Replacement
FY 2027 Adopted Budget | Fort Bragg Page 433
WWTP Inflow Sewer Main Replacement
FY 2027 Adopted Budget | Fort Bragg Page 434
E Oak St Replacement IV
FY 2027 Adopted Budget | Fort Bragg Page 435
Sewer Main Replacement
FY 2027 Adopted Budget | Fort Bragg Page 436
Lift Stations Rehabilitation
FY 2027 Adopted Budget | Fort Bragg Page 437
CCTV Condition Inspection
FY 2027 Adopted Budget | Fort Bragg Page 438
Storm Water
Storm Water
FY 2027 Adopted Budget | Fort Bragg Page 439
Trash Capture Device
FY 2027 Adopted Budget | Fort Bragg Page 440
Trash Cans City Wide (Art and Beautification Project)
FY 2027 Adopted Budget | Fort Bragg Page 441
Minnesota/ Riverview Storm Drain Repair
FY 2027 Adopted Budget | Fort Bragg Page 442
Stormwater Program Asset Management Plan
FY 2027 Adopted Budget | Fort Bragg Page 443
Stormwater Drain Master Plan Repairs
FY 2027 Adopted Budget | Fort Bragg Page 444
Demographics
Population
TOTAL POPULATION
7,032
0.44%
vs. 2023
GROWTH RANK
151 out of 506 Municipalities in California
* Data Source: U.S. Census Bureau American Community Survey 5-year Data and the 2020, 2010, 2000, and 1990 Decennial Censuses
DAYTIME POPULATION
8,343
Daytime population represents the effect of persons coming into or leaving a community for work, entertainment, shopping, etc. during the typical workday. An increased daytime population puts greater demand on host community services which directly impacts operational costs. * Data Source: American Community Survey 5-year estimates 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2022 2024 5500
6000
6500
7000
7500
8000
Demographic Information
FY 2027 Adopted Budget | Fort Bragg Page 445
POPULATION BY AGE GROUP
Aging affects the needs and lifestyle choices of residents. Municipalities must adjust and plan services accordingly. * Data Source: American Community Survey 5-year estimates 305 298
606
413
158
518
871
783
740
673
947
651
69 <5 5-9 10-14 15-19 20-2425-3435-4445-5455-5960-6465-7475-84 >85 0 250
500
750
1,000
Demographic Information
FY 2027 Adopted Budget | Fort Bragg Page 446
Household
TOTAL HOUSEHOLDS
3,135
Municipalities must consider the dynamics of household types to plan for and provide services effectively. Household type also has a general correlation to income levels which affect the municipal tax base. -32%
lower than state average
-38%
lower than state average
32%
higher than state average
82%
higher than state average
* Data Source: American Community Survey 5-year estimates Family Households
37%
Married Couples
31%
Singles
31%
Senior Living Alone
18%
Demographic Information
FY 2027 Adopted Budget | Fort Bragg Page 447
Economic
Household income is a key data point in evaluating a community’s wealth and spending power. Pay levels and earnings typically vary by geographic regions and should be looked at in context of the overall cost of living.
HOUSEHOLD INCOME
Above $200,000
5%
-76.82%
lower than state average
Median income
$56,481
-43.02%
lower than state average
Below $25,000
19%
56.52%
higher than state average
* Data Source: American Community Survey 5-year estimates Over $200,000
$150,000 to $200,000
$125,000 to $150,000
$100,000 to $125,000
$75,000 to $100,000
$50,000 to $75,000
$25,000 to $50,000
Below $25,000
Demographic Information
FY 2027 Adopted Budget | Fort Bragg Page 448
Housing
2024 MEDIAN HOME VALUE
$535,400
* Data Source: 2024 US Census Bureau, American Community Survey. Home value data includes all types of owner-occupied housing.
HOME VALUE DISTRIBUTION
* Data Source: 2024 US Census Bureau, American Community Survey. Home value data includes all types of owner-occupied housing.
HOME OWNERS VS
RENTERS
Fort Bragg State Avg.
54%
Rent
46%
Own
44%
Rent
56%
Own
* Data Source: 2024 US Census
Bureau, American Community
Survey. Home value data
includes all types of owneroccupied housing.
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
250K
300K
350K
400K
450K
500K
550K
600K
12 83
716
309
197
27 38
7 39
0 7
> $1,000,000
$750,000 to $999,999
$500,000 to $749,999
$400,000 to $499,999
$300,000 to $399,999
$250,000 to $299,999
$200,000 to $249,999
$150,000 to $199,999
$100,000 to $149,999
$50,000 to $99,999
< $49,999
0 200 400 600 800
Demographic Information
FY 2027 Adopted Budget | Fort Bragg Page 449
Land Use
Land Use
FY 2027 Adopted Budget | Fort Bragg Page 450
Tax Rates
Tax Rates
FY 2027 Adopted Budget | Fort Bragg Page 451
Principle Property Tax Payers
Principle Property Tax Payers
FY 2027 Adopted Budget | Fort Bragg Page 452
Principle Sales Tax Producers (Comparison
for 10 years)
Principle Sales Tax
FY 2027 Adopted Budget | Fort Bragg Page 453
Historical Sales Tax Amounts
Historical Sales Tax Amounts
FY 2027 Adopted Budget | Fort Bragg Page 454
Principal Employers
Principal Employers
FY 2027 Adopted Budget | Fort Bragg Page 455
Top 15 RDA
Top 15 RDA
FY 2027 Adopted Budget | Fort Bragg Page 456
Appendix
Appendix
FY 2027 Adopted Budget | Fort Bragg Page 457
Glossary
Abatement: A reduction or elimination of a real or personal property tax, motor vehicle excise, a fee, charge, or special assessment imposed by a governmental unit. Granted only on application of the person seeking the abatement and only by the committing governmental unit.
Accounting System: The total structure of records and procedures that identify record, classify, and report information on the financial position and operations of a governmental unit or any of its funds, account groups, and organizational components.
Accrued Interest: The amount of interest that has accumulated on the debt since the date of the last interest payment, and on the sale of a bond, the amount accrued up to but not including the date of delivery (settlement date). (See Interest)
ACFR: Annual Comprehensive Financial Report - A detailed report of an organization's financial activities and performance over the fiscal year.
Amortization: The gradual repayment of an obligation over time and in accordance with a predetermined payment schedule.
Appropriation: A legal authorization from the community's legislative body to expend money and incur obligations for specific public purposes. An appropriation is usually limited in amount and as to the time period within which it may be expended.
Arbitrage: As applied to municipal debt, the investment of tax-exempt bonds or note proceeds in higher yielding, taxable securities. Section 103 of the Internal Revenue Service (IRS) Code restricts this practice and requires (beyond certain limits) that earnings be rebated (paid) to the IRS.
Assessed Valuation: A value assigned to real estate or other property by a government as the basis for levying taxes.
Assets: Items owned by an organization that have economic value, such as cash, investments, property, and equipment.
Audit: An examination of a community's financial systems, procedures, and data by a certified public accountant (independent auditor), and a report on the fairness of financial statements and on local compliance with statutes and regulations. The audit serves as a valuable management tool in evaluating the fiscal performance of a community.
Audit Report: Prepared by an independent auditor, an audit report includes: (a) a statement of the scope of the audit; (b) explanatory comments as to application of auditing procedures; (c) findings and opinions. It is almost always accompanied by a management letter which contains supplementary comments and recommendations.
Available Funds: Balances in the various fund types that represent non-recurring revenue sources. As a matter of sound practice, they are frequently appropriated to meet unforeseen expenses, for capital expenditures or other onetime costs.
Balance Sheet: A statement that discloses the assets, liabilities, reserves and equities of a fund or governmental unit at a specified date.
Betterments (Special Assessments): Whenever a specific area of a community receives benefit from a public improvement (e.g., water, sewer, sidewalk, etc.), special property taxes may be assessed to reimburse the governmental entity for all or part of the costs it incurred. Each parcel receiving benefit from the improvement is assessed for its proportionate share of the cost of such improvements. The proportionate share may be paid in full or the property owner may request that the assessors apportion the betterment over 20 years. Over the life of the Glossary
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betterment, one year’s apportionment along with one year’s committed interest computed from October 1 to October 1 is added to the tax bill until the betterment has been paid.
Bond: A means to raise money through the issuance of debt. A bond issuer/borrower promises in writing to repay a specified sum of money, alternately referred to as face value, par value or bond principal, to the buyer of the bond on a specified future date (maturity date), together with periodic interest at a specified rate. The term of a bond is always greater than one year. (See Note)
Bond and Interest Record: (Bond Register) – The permanent and complete record maintained by a treasurer for each bond issue. It shows the amount of interest and principal coming due each date and all other pertinent information concerning the bond issue.
Bonds Authorized and Unissued: Balance of a bond authorization not yet sold. Upon completion or abandonment of a project, any remaining balance of authorized and unissued bonds may not be used for other purposes, but must be rescinded by the community's legislative body to be removed from community's books.
Bond Issue: Generally, the sale of a certain number of bonds at one time by a governmental unit.
Bond Rating (Municipal): A credit rating assigned to a municipality to help investors assess the future ability, legal obligation, and willingness of the municipality (bond issuer) to make timely debt service payments. Stated otherwise, a rating helps prospective investors determine the level of risk associated with a given fixed-income investment.
Rating agencies, such as Moody's and Standard and Poors, use rating systems, which designate a letter or a combination of letters and numerals where AAA is the highest rating and C1 is a very low rating.
Budget: A plan for allocating resources to support particular services, purposes and functions over a specified period of time. (See Performance Budget, Program Budget)
Capital Assets: All real and tangible property used in the operation of government, which is not easily converted into cash, and has an initial useful live extending beyond a single financial reporting period. Capital assets include land and land improvements; infrastructure such as roads, bridges, water and sewer lines; easements; buildings and building improvements; vehicles, machinery and equipment. Communities typically define capital assets in terms of a minimum useful life and a minimum initial cost. (See Fixed Assets) Capital Budget: An appropriation or spending plan that uses borrowing or direct outlay for capital or fixed asset improvements. Among other information, a capital budget should identify the method of financing each recommended expenditure, i.e., tax levy or rates, and identify those items that were not recommended. (See Capital Assets, Fixed Assets)
Cash: Currency, coin, checks, postal and express money orders and bankers’ drafts on hand or on deposit with an official or agent designated as custodian of cash and bank deposits.
Cash Flow: The movement of money into or out of an organization, showing its liquidity and ability to meet financial obligations.
Cash Management: The process of monitoring the ebb and flow of money in an out of municipal accounts to ensure cash availability to pay bills and to facilitate decisions on the need for short- term borrowing and investment of idle cash.
Certificate of Deposit (CD): A bank deposit evidenced by a negotiable or non-negotiable instrument, which provides on its face that the amount of such deposit plus a specified interest payable to a bearer or to any specified person on a certain specified date, at the expiration of a certain specified time, or upon notice in writing.
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Classification of Real Property: Assessors are required to classify all real property according to use into one of four classes: residential, open space, commercial, and industrial. Having classified its real properties, local officials are permitted to determine locally, within limitations established by statute and the Commissioner of Revenue, what percentage of the tax burden is to be borne by each class of real property and by personal property owners.
Collective Bargaining: The process of negotiating workers' wages, hours, benefits, working conditions, etc., between an employer and some or all of its employees, who are represented by a recognized labor union, regarding wages, hours and working conditions.
Compliance: Adherence to relevant laws, regulations, and internal policies governing financial reporting and operations.
Consumer Price Index: The statistical measure of changes, if any, in the overall price level of consumer goods and services. The index is often called the "cost-of-living index." Cost-Benefit Analysis: A decision-making tool that allows a comparison of options based on the level of benefit derived and the cost to achieve the benefit from different alternatives.
Debt Burden: The amount of debt carried by an issuer usually expressed as a measure of value (i.e., debt as a percentage of assessed value, debt per capita, etc.). Sometimes debt burden refers to debt service costs as a percentage of the total annual budget.
Debt Service: The repayment cost, usually stated in annual terms and based on an amortization schedule, of the principal and interest on any particular bond issue.
Encumbrance: A reservation of funds to cover obligations arising from purchase orders, contracts, or salary commitments that are chargeable to, but not yet paid from, a specific appropriation account.
Enterprise Funds: An enterprise fund is a separate accounting and financial reporting mechanism for municipal services for which a fee is charged in exchange for goods or services. It allows a community to demonstrate to the public the portion of total costs of a service that is recovered through user charges and the portion that is subsidized by the tax levy, if any. With an enterprise fund, all costs of service delivery — direct, indirect, and capital costs — are identified. This allows the community to recover total service costs through user fees if it chooses. Enterprise accounting also enables communities to reserve the "surplus" or net assets unrestricted generated by the operation of the enterprise rather than closing it out to the general fund at year-end. Services that may be treated as enterprises include, but are not limited to, water, sewer, hospital, and airport services.
Equalized Valuations (EQVs): The determination of the full and fair cash value of all property in the community that is subject to local taxation.
Equity: The residual interest in the assets of an organization after deducting liabilities, representing the owners' stake in the business.
Estimated Receipts: A term that typically refers to anticipated local revenues often based on the previous year's receipts and represent funding sources necessary to support a community's annual budget. (See Local Receipts) Exemptions: A discharge, established by statute, from the obligation to pay all or a portion of a property tax. The exemption is available to particular categories of property or persons upon the timely submission and approval of an application to the assessors. Properties exempt from taxation include hospitals, schools, houses of worship, and cultural institutions. Persons who may qualify for exemptions include disabled veterans, blind individuals, surviving spouses, and seniors.
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Expenditure: An outlay of money made by municipalities to provide the programs and services within their approved budget.
Fiduciary Funds: Repository of money held by a municipality in a trustee capacity or as an agent for individuals, private organizations, other governmental units, and other funds. These include pension (and other employee benefit) trust funds, investment trust funds, private- purpose trust funds, and agency funds.
Financial Statements: Reports summarizing an organization's financial activities and position, including the balance sheet, income statement, and cash flow statement.
Fiscal Year: The 12-month period for which an organization plans the use of its funds, typically not the same as the calendar year.
Fixed Assets: Long-lived, assets such as buildings, equipment and land obtained or controlled as a result of past transactions or circumstances.
Fixed Costs: Costs that are legally or contractually mandated such as retirement, FICA/Social Security, insurance, debt service costs or interest on loans.
Float: The difference between the bank balance for a local government’s account and its book balance at the end of the day. The primary factor creating float is clearing time on checks and deposits. Delays in receiving deposit and withdrawal information also influence float.
Full Faith and Credit: A pledge of the general taxing powers for the payment of governmental obligations. Bonds carrying such pledges are usually referred to as general obligation or full faith and credit bonds.
Fund: An accounting entity with a self-balancing set of accounts that are segregated for the purpose of carrying on identified activities or attaining certain objectives in accordance with specific regulations, restrictions, or limitations.
Fund Accounting: Organizing financial records into multiple, segregated locations for money. A fund is a distinct entity within the municipal government in which financial resources and activity (assets, liabilities, fund balances, revenues, and expenditures) are accounted for independently in accordance with specific regulations, restrictions or limitations. Examples of funds include the general fund and enterprise funds. Communities whose accounting records are organized according to the Uniform Municipal Accounting System (UMAS) use multiple funds.
GAAP: Generally Accepted Accounting Principles - Standard accounting principles, standards, and procedures that companies use to compile their financial statements.
GASB 34: A major pronouncement of the Governmental Accounting Standards Board that establishes new criteria on the form and content of governmental financial statements. GASB 34 requires a report on overall financial health, not just on individual funds. It requires more complete information on the cost of delivering value estimates on public infrastructure assets, such as bridges, road, sewers, etc. It also requires the presentation of a narrative statement the government's financial performance, trends and prospects for the future.
GASB 45: This is another Governmental Accounting Standards Board major pronouncement that each public entity account for and report other postemployment benefits in its accounting statements. Through actuarial analysis, municipalities must identify the true costs of the OPEB earned by employees over their estimated years of actual service.
General Fund: The fund used to account for most financial resources and activities governed by the normal appropriation process.
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General Obligation Bonds: Bonds issued by a municipality for purposes allowed by statute that are backed by the full faith and credit of its taxing authority.
Governing Body: A board, committee, commission, or other executive or policymaking body of a municipality or school district.
Indirect Cost: Costs of a service not reflected in the operating budget of the entity providing the service. An example of an indirect cost of providing water service would be the value of time spent by non-water department employees processing water bills. A determination of these costs is necessary to analyze the total cost of service delivery. The matter of indirect costs arises most often in the context of enterprise funds.
Internal Controls: Policies and procedures implemented by an organization to ensure the reliability of financial reporting and compliance with laws and regulations, aiming to prevent fraud and errors.
Interest: Compensation paid or to be paid for the use of money, including amounts payable at periodic intervals or discounted at the time a loan is made. In the case of municipal bonds, interest payments accrue on a day-to-day basis, but are paid every six months.
Interest Rate: The interest payable, expressed as a percentage of the principal available for use during a specified period of time. It is always expressed in annual terms.
Investments: Securities and real estate held for the production of income in the form of interest, dividends, rentals or lease payments. The term does not include fixed assets used in governmental operations.
Liabilities: Debts or obligations owed by an organization, including loans, accounts payable, and accrued expenses.
Line Item Budget: A budget that separates spending into categories, or greater detail, such as supplies, equipment, maintenance, or salaries, as opposed to a program budget.
Local Aid: Revenue allocated by the state or counties to municipalities and school districts.
Maturity Date: The date that the principal of a bond becomes due and payable in full.
Municipal(s): (As used in the bond trade) "Municipal" refers to any state or subordinate governmental unit. "Municipals" (i.e., municipal bonds) include not only the bonds of all political subdivisions, such as cities, towns, school districts, special districts, counties but also bonds of the state and agencies of the state.
Net Income: The difference between an organization's revenues and expenses, representing its profit or loss for a specific period.
Note: A short-term loan, typically with a maturity date of a year or less.
Objects of Expenditures: A classification of expenditures that is used for coding any department disbursement, such as “personal services,” “expenses,” or “capital outlay.” Official Statement: A document prepared for potential investors that contains information about a prospective bond or note issue and the issuer. The official statement is typically published with the notice of sale. It is sometimes called an offering circular or prospectus.
Operating Budget: A plan of proposed expenditures for personnel, supplies, and other expenses for the coming fiscal year.
Overlapping Debt: A community's proportionate share of the debt incurred by an overlapping government entity, such as a regional school district, regional transit authority, etc.
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Performance Budget: A budget that stresses output both in terms of economy and efficiency.
Principal: The face amount of a bond, exclusive of accrued interest.
Program: A combination of activities to accomplish an end.
Program Budget: A budget that relates expenditures to the programs they fund. The emphasis of a program budget is on output.
Proprietary Funds: Funds used to record the financial transactions of governmental entities when they engage in activities that are intended to recover the cost of providing goods or services to the general public on a user-fee basis.
Purchased Services: The cost of services that are provided by a vendor.
Refunding of Debt: Transaction where one bond issue is redeemed and replaced by a new bond issue under conditions generally more favorable to the issuer.
Reserve Fund: An amount set aside annually within the budget of a town to provide a funding source for extraordinary or unforeseen expenditures.
Revaluation: The assessors of each community are responsible for developing a reasonable and realistic program to achieve the fair cash valuation of property in accordance with constitutional and statutory requirements. The nature and extent of that program will depend on the assessors’ analysis and consideration of many factors, including, but not limited to, the status of the existing valuation system, the results of an in-depth sales ratio study, and the accuracy of existing property record information.
Revenues: Inflows of resources or other enhancements of assets of an organization, usually from sales of goods or services.
Revenue Anticipation Note (RAN): A short-term loan issued to be paid off by revenues, such as tax collections and state aid. RANs are full faith and credit obligations.
Revenue Bond: A bond payable from and secured solely by specific revenues and thereby not a full faith and credit obligation.
Revolving Fund: Allows a community to raise revenues from a specific service and use those revenues without appropriation to support the service.
Sale of Real Estate Fund: A fund established to account for the proceeds of the sale of municipal real estate other than proceeds acquired through tax title foreclosure.
Stabilization Fund: A fund designed to accumulate amounts for capital and other future spending purposes, although it may be appropriated for any lawful purpose.
Surplus Revenue: The amount by which cash, accounts receivable, and other assets exceed liabilities and reserves.
Tax Rate: The amount of property tax stated in terms of a unit of the municipal tax base; for example, $14.80 per $1,000 of assessed valuation of taxable real and personal property.
Tax Title Foreclosure: The procedure initiated by a municipality to obtain legal title to real property already in tax title and on which property taxes are overdue.
Trust Fund: In general, a fund for money donated or transferred to a municipality with specific instructions on its use.
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directed by the commissioners of trust funds or by the community's legislative body. Both principal and interest may be used if the trust is established as an expendable trust. For nonexpendable trust funds, only interest (not principal) may be expended as directed.
Uncollected Funds: Recently deposited checks included in an account’s balance but drawn on other banks and not yet credited by the Federal Reserve Bank or local clearinghouse to the bank cashing the checks. (These funds may not be loaned or used as part of the bank’s reserves and they are not available for disbursement.) Undesignated Fund Balance: Monies in the various government funds as of the end of the fiscal year that are neither encumbered nor reserved, and are therefore available for expenditure once certified as part of free cash.
Unreserved Fund Balance (Surplus Revenue Account): The amount by which cash, accounts receivable, and other assets exceed liabilities and restricted reserves. It is akin to a "stockholders’ equity" account on a corporate balance sheet. It is not, however, available for appropriation in full because a portion of the assets listed as "accounts receivable" may be taxes receivable and uncollected. (See Free Cash) Valuation (100 Percent): The legal requirement that a community’s assessed value on property must reflect its market, or full and fair cash value.
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