Agenda Item B.3
CONSENT CALENDAR
Meeting Date: June 6, 2022
TO: Mayor and Councilmembers
FROM: Luke Rioux, Finance Director
SUBJECT: Acceptance of the December 2022 Investment Transaction Report RECOMMENDATION:
Accept the investment transaction report for the month of December 2022.
BACKGROUND:
Transmitted herewith is the investment transaction report for the month of December 2022.
The City Treasurer continues to monitor idle cash balances with the help of the accountants in the Finance Department, transferring cash between the checking and money market accounts daily, or as needed to maximize interest earnings. On a quarterly basis, staff submits a comprehensi ve report on the City’s portfolio and related activity pursuant to the City’s Investment Policy.
DISCUSSION:
Investment Transaction Report
As of December 31, 2022, the City‘s investment portfolio totaled $84,963,816.03. The City’s weighted average yield in December was 1.926%.
Attachment 1 contains the Investment Transaction Report, which includes the Investment Activity and Interest Report, Summary of Cash and Investments, and Investment Portfolio detail as of December 31, 2022.
Benchmark Comparisons
Figure 1 shows a 2-year interest rate trend chart which compares the City’s portfolio yield by quarter, compared to its benchmarks, the Local Agency Investment Fund (LAIF), and the 1- and 2 -Year US Treasury Notes. These benchmarks serve as indicators of the City’s performance. Trends over time that substantially deviate from these benchmarks would warrant further analysis and review. 1 Figure 1
(Note: The most recent LAIF apportionment rate is displayed for benchmark purposes.) As of December 31, 202 2, LAIF’s apportionment rate was at 2.07%, 1 Year US Treasury yield was at 4.73% and the 2 Year US Treasury yield was at 4.41%, compared to the City’s portfolio yield at 1.926%. By the end of the quarter Treasury yields were higher across the maturity terms of the yield curve. Since the prior quarter the 1 Year US Treasury yield has increased from 4.05% to 4.73% increasing by 68 basis points and the 2 Year US Treasury yield has increased from 4.22% to 4.41% increasing by 19 basis points. The LAIF daily rate is trending above 2.94% at the time of preparing this report (as of 05/10/2023).
It should be noted that on March 2 and May 3, 2023, the Federal Reserve (Fed) raised the federal funds to a range of 5% to 5.25%, which in turn influences Treasury yields. At the time of preparing this report, the Fed raised the target for the fed funds rate by
0.25% from a range of 4.75% to 5.00% to 5.00% to 5.25% during its May 3-4, 2022, meeting. These actions show the Fed’s foc us and dedication in getting inflation under control.
In the current interest rate environment, the City’s interest earning s are forecasted to gradually increase. Short-term and liquid investments like local government investment pools and money market f unds tend to follow the Federal Funds Rate very closely. The Fed meet next on June 13, 2023.
The pooled cash report is included as Attachment 2. Balance Sheets for the General Fund and all Special Funds are included as well, as Attachment 3. 2 Investment Program Update
On November 15, 2022, the City Council adopted the updated Investment Policy and authorized the continued annual delegation of authority to the Finance Director/City Treasurer to invest city funds in accordance with the Investment Policy. Since the start of the pandemic Finance staff has re -prioritized work efforts from further enhancing the City’s investment program to focus on other competing critical items, such as transitioning processes to function electronically and implementing the Ci ty’s financial software system. In addition, workload capacity was strained with changes in staff and vacancies. As staffing levels begin to increase and workload capacity becomes available, staff will continue its work on the investment program to incorpo rate the other allowable investments into its overall portfolio , such as building out its laddering program. Staff anticipates this work effort to begin in July 2023.
Section 115 Trust Update
Staff is in the process of drafting an ongoing funding strategy and investment policy for the Section 115 Trust . The City just received its June 30, 2022 Actuarial Valuation Report in March 2023 which has the current retiree health liabilities. Next steps will include reviewing the updated liability information once available and determining funding amounts for both other -post employee benefit (OPEB) retiree health liabilities and pension liabilities , and the n going back to the Finance Committee for review and City Council for adoption of an ongoing funding strategy and policy.
FISCAL IMPACTS:
As of December 31, 20 22, the investment portfolio is complian t with all State and Federal laws and the City’s Investment Policy. There are sufficient funds available to meet the City’s expenditure requirements for the next six months.
Reviewed by: Approved by:
_____________________ _____________________
Kristine Schmidt Robert Nisbet
Assistant City Manager City Manager
ATTACHMENTS:
1. Investment Transaction Report for December 31, 2022
2. Pooled Cash Report for the Quarter Ending December 31, 2022
3. Balance Sheets for the Quarter Ending December 31, 2022 3 ATTACHMENT 1
Investment Transaction Report December 2022
4 Attachment 1
INVESTMENT ACTIVITY INVESTMENT INCOME
PURCHASES OR DEPOSITS POOLED INVESTMENTS
Interest Earned on Investments 288,432.38$
Total
Total -$
SALES, MATURITIES, CALLS OR WITHDRAWALS
Total -$
ACTIVITY TOTAL -$ INCOME TOTA L 288,432.38$
City of Goleta
Investment Activity and Interest Report
December 31, 2022
5 Attachment 1
ENDING BALANCE AS OF NOVEMBER 30, 2022
Account Description
Book
Value
Market
Value
Percent of
Portfolio
Weighted Yield to
Maturity
Average
Days to
Maturity
Checking Accounts 4,053,870.36 $ 4,053,870.36 $ 4.898% 0.000% 1 Money Market Accounts 31,538,416.99 31,538,416.99 38.102% 1.764% 1 (1) Local Agency Investment Funds 41,723,773.75 40,921,048.48 50.407% 1.350% 1 (2) Certificates of Deposit 4,954,000.00 4,632,486.41$ 5.985% 1.960% 1794 U.S. BANK (PARS) 503,500.00 445,861.78$ 0.608% 0.000% 1 Totals and Averages 82,773,561.10 81,591,684.02$ 100.000% 1.470% 108 Total Cash and Investments 82,773,561.10$
NET CASH AND INVESTMENT ACTIVITY FOR DECEMBER 2022
2,190,254.93$
ENDING BALANCE AS OF DECEMBER 31, 2022
Account Description
Book
Value
Market
Value
Percent of
Portfolio
Weighted Yield to
Maturity
Average
Days to
Maturity
Checking Accounts 3,963,699.29 $ 3,963,699.29 $ 4.665% 0.000% 1 Money Market Accounts (1) 33,818,842.99 33,818,842.99 39.804% 1.999% 1 Local Agency Investment Funds (2) 41,723,773.75 40,947,263.36 49.108% 2.070% 1 Certificates of Deposit 4,954,000.00 4,673,655.30 5.831% 1.960% 1794 U.S. BANK (PARS) 503,500.00 466,148.53 0.593% 0.000% 1 Totals and Averages 84,963,816.03$ 83,869,609.47$ 100.000% 1.926% 106 Total Cash and Investments 84,963,816.03$
Notes:
(1)
(2)
City of Goleta
Summary of Cash and Investments
December 31, 2022
Community West Bank serves as the City's primary banking institution. Interest earnings are guaranteed at a minimum rate 0.7098% per banking agreement for the money market account. The rate may be adjusted to match the higher of the Pooled Money Investment Account (PMIA) or quarterly Local Agency Investment Fund (LAIF) apportionment rate. All deposits held are required to be fully collateralized by State law. The City has a written collateralization agreement with Community West Bank to ensure the safety of public funds and utilizes an irrevocable letter of credit through the Federal Home Loan Bank of San Francisco.
For reporting purposes the LAIF yield displayed is the apportionment rate available at the time of preparing this report. The apportionment rate is the actual interest earned from LAIF and is based on the prior three-month average of the PMIA effective yield, net of administrative costs. As of FY 17/18 the quarterly apportionment rate includes interest earned on the CalPERS Supplemental Pensio n
Payment loan pursuant to Government Code 20825 (c)(1) and in FY 18/19 interest earned on Wildfire Fund loan pursuant to Public Utility Code 3288 (a), which are not reflected in the PMIA monthly effective yield, due to the structure of the loan.
6 City of Goleta
Investment Portfolio
December 31, 2022
Attachment 1
PURCHASE MATURITY DAYS TO STATED YIELD A T FACE BOOK MARKET** DATE DATE MATURITY RATE 365 VALUE VALUE VALUE
CHECKING ACCOUNTS
COMMUNITY WEST BANK GENERAL CHKING ACCT - - 1 0 0.000% 1,876,426.40 1,876,426.40 1,876,426.40 COMMUNITY WEST BANK GENERAL REV ACCT 1 0 0.000% 1,789,445.26 1,789,445.26 1,789,445.26 COMMUNITY WEST BANK PAYROLL CHKING ACCT 1 0 0.000% - - - PERSHING - SAFE KEEPING ACCT 0 0.000% 297,827.63 297,827.63 297,827.63 Subtotal, Checking Accounts 0.000% 0.000% 3,963,699.29$ 3,963,699.29$ 3,963,699.29$
MONEY MARKET ACCOUNTS
COMMUNITY WEST BANK MMA - - 1 1.9990% 1.9990% 33,818,842.99 33,818,842.99 33,818,842.99 Subtotal, MMA Account 1 1.9990% 1.9990% 33,818,842.99 $ 33,818,842.99$ 33,818,842.99$
LOCAL AGENCY INVESTMENT FUND
LOCAL AGENCY INVESTMENT FUND - - 1 2.070% 2.070% 41,723,773.75 41,723,773.75 40,947,263.36 Subtotal, LAIF 1 2.070% 2.070% 41,723,773.75 $ 41,723,773.75$ 40,947,263.36$
CERTIFICATES OF DEPOSIT
MEDALLION BK UTAH 8/1/2019 7/31/2023 1,460 2.100% 2.100% $249,000.00 $249,000.00 245,591.19 $ 58404DEV9 CAPITAL ONE NA 8/1/2019 7/30/2024 1,825 2.250% 2.250% $247,000.00 $247,000.00 238,041.31 $ 14042RMU2 CAPITAL ONE BANK USA NA 8/1/2019 7/30/2024 1,825 2.250% 2.250% $247,000.00 $247,000.00 238,041.31 $ 14042TBQ9 ENERBANK USA 8/1/2019 7/30/2024 1,825 2.150% 2.150% $247,000.00 $247,000.00 237,663.40 $ 29278TKJ8 MORGAN STANLEY BANK NA 8/1/2019 7/30/2024 1,825 2.200% 2.200% $247,000.00 $247,000.00 237,836.30 $ 61690UJX9 MORGAN STANLEY PVT BANK 8/1/2019 7/30/2024 1,825 2.200% 2.200% $247,000.00 $247,000.00 237,836.30 $ 61760AS75 LIVE OAK BKG CO WILMINGTON NC 2/12/2020 8/12/2024 1,643 1.700% 1.700% $247,000.00 $247,000.00 235,791.14 $ 538036HY3 WASHINGTON FEDERAL 8/1/2019 7/30/2024 1,825 2.050% 2.050% $249,000.00 $249,000.00 238,880.64 $ 938828BJ8 WELLS FARGO BK N A SIOUX FALLS S D 1/29/2020 1/29/2025 1,827 1.950% 1.950% $247,000.00 $247,000.00 234,030.03 $ 949763T30 RAYMOND JAMES BK NATL ASSN ST PETERSBURG2/18/2020 2/14/2025 1,823 1.750% 1.750% $247,000.00 $247,000.00 232,896.30 $ 75472RBB6 ENCORE BK LITTLE ROCK ARK CTF DEP 3/25/2020 3/25/2025 1,826 1.150% 1.150% $249,000.00 $249,000.00 230,785.65 $ 29260MAV7 POPPY BK SANTA ROSA CA CTF DEP 4/27/2020 3/27/2025 1,795 1.100% 1.100% $249,000.00 $249,000.00 230,479.38 $ 73319FAK5 AMERICAN EXPRESS NATL BK BROKERED INTL CT 4/16/2020 3/31/2025 1,810 1.550% 1.550% $248,000.00 $248,000.00 232,013.92 $ 02589AB68 PACIFIC ENTERPRISE BK IRVINE CA CTF DEP 4/30/2020 3/31/2025 1,796 1.150% 1.150% $249,000.00 $249,000.00 230,681.07 $ 694231AC5 STATE BK INDIA NEW YORK NY CTF DEP 5/15/2020 4/29/2025 1,810 1.600% 1.600% $248,000.00 $248,000.00 231,753.52 $ 856285TF8 ALLY BK SANDY UTAH CRF ACT/365 6/2/2022 6/2/2027 1,826 3.100% 3.100% $249,000.00 $249,000.00 237,423.99 $ 02007GSH7 TOYOTA FINANCIAL SAVINGS BANK HEND NV 10/14/2021 10/14/2026 1,826 1.050% 1.050% $247,000.00 $247,000.00 216,925.28 $ 89235MLU3 US BANK USA SALT LAKE CITY UT 10/27/2021 10/27/2026 1,826 1.050% 1.050% $249,000.00 $249,000.00 218,153.88 $ 90348JV56 DISCOVER BK GREENWOOD DEL 6/1/2022 6/1/2027 1,826 3.200% 3.200% $245,000.00 $245,000.00 231,471.10 $ 254673F76 FIRST TECHNOLOGY FED CREDIT UNION #19976 8/5/2022 8/5/2027 1,826 3.650% 3.650% $247,000.00 $247,000.00 237,359.59 $ 33715LEB2 Subtotal, Certificates of Deposit 1,794 1.960% 1.960% 4,954,000.00 $ 4,954,000.00 $ 4,673,655.30 $
PUBLIC AGENCY RETIREMENT SERVICES (PARS)
OPEB - Moderate Index Plus 2/4/2022 1 0.000% 333,500.00$ 333,500.00 $ 308,759.76 $ PENSION - Moderate Index Plus 2/4/2022 1 0.000% 170,000.00$ 170,000.00 $ 157,388.77 $ Subtotal 1 0.000% 503,500.00 $ 503,500.00 $ 466,148.53 $ Total 84,963,816.03$ 84,963,816.03 $ 83,869,609.47$
Notes:
* Comments for Certificates of Deposit represent the CUSIP Number (Committee on Uniform Securities Identification Procedures). * *Market Value on Certificates of Deposit have been obtained from the City's safekeeping agent, Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation. Market value disclosure is for informational purposes only.
City policy is to hold all investments to maturity; therefore, any unrealized gain or loss reflected between the book value and market value of an investment will not be realized. **Market Value on U.S. Bank, Trustee for PARS: Account balances are inclusive of Trust Administration, Trustee and Investment Management fees.
DESCRIPTION COMMENTS *
7 ATTACHMENT 2:
Pooled Cash Report for the Quarter Ending December 31, 2022
8 TYLERHOST\SYSTEM Page 1 of 712.30.2022
Pooled Cash Report
City of Goleta, CA
For the Period Ending 12/31/2022
ACCOUNT # ACCOUNT NAME
BEGINNING
BALANCE
CURRENT
ACTIVITY
CURRENT
BALANCE
CLAIM ON CASH
101-1010.000 Claim on Cash 37,013,457.68 (2,420,114.71) 34,593,342.97 102-1010.000 Claim on Cash 0.00 0.00 0.00
201-1010.000 Claim on Cash 1,929,120.93 0.00 1,929,120.93 202-1010.000 Claim on Cash 225,962.31 0.00 225,962.31
203-1010.000 Claim on Cash 1,029,770.46 0.00 1,029,770.46 205-1010.000 Claim on Cash 5,123,332.23 (34,877.26) 5,088,454.97 206-1010.000 Claim on Cash (585,604.95) (27,935.87) (613,540.82) 207-1010.000 Claim on Cash 0.00 0.00 0.00
208-1010.000 Claim on Cash (97,853.05) (52,763.59) (150,616.64) 209-1010.000 Claim on Cash 130,035.81 (5,358.08) 124,677.73 210-1010.000 Claim on Cash 107,247.25 (6,259.12) 100,988.13 211-1010.000 Claim on Cash 2,022,379.75 (151,457.98) 1,870,921.77 212-1010.000 Claim on Cash 30,028.48 0.00 30,028.48
213-1010.000 Claim on Cash 168,594.24 (15,187.79) 153,406.45 214-1010.000 Claim on Cash 130,728.44 (15,657.14) 115,071.30 217-1010.000 Claim on Cash (43,642.85) (26,680.05) (70,322.90) 220-1010.000 Claim on Cash 11,345,059.09 (50,829.54) 11,294,229.55 221-1010.000 Claim on Cash 8,574,861.30 (16,093.40) 8,558,767.90 222-1010.000 Claim on Cash (2,978.47) 0.00 (2,978.47)
223-1010.000 Claim on Cash 224,048.39 0.00 224,048.39
224-1010.000 Claim on Cash 141,606.58 0.00 141,606.58
225-1010.000 Claim on Cash 1,268,857.87 0.00 1,268,857.87 226-1010.000 Claim on Cash 173,784.16 0.00 173,784.16
227-1010.000 Claim on Cash 0.00 0.00 0.00
228-1010.000 Claim on Cash 0.00 0.00 0.00
229-1010.000 Claim on Cash 3,435,724.93 0.00 3,435,724.93 230-1010.000 Claim on Cash 160,563.90 0.00 160,563.90
231-1010.000 Claim on Cash 615,163.38 0.00 615,163.38
232-1010.000 Claim on Cash (190,632.48) (13,760.00) (204,392.48) 233-1010.000 Claim on Cash (3,200.59) 0.00 (3,200.59)
234-1010.000 Claim on Cash 537,039.31 0.00 537,039.31
235-1010.000 Claim on Cash 222,556.85 0.00 222,556.85
236-1010.000 Claim on Cash 41,926.96 0.00 41,926.96
237-1010.000 Claim on Cash (60,778.05) 0.00 (60,778.05) 238-1010.000 Claim on Cash 0.00 0.00 0.00
301-1010.000 Claim on Cash 0.00 0.00 0.00
302-1010.000 Claim on Cash 90,095.47 0.00 90,095.47
303-1010.000 Claim on Cash 0.00 0.00 0.00
304-1010.000 Claim on Cash 85,938.60 0.00 85,938.60
305-1010.000 Claim on Cash (495,494.76) 0.00 (495,494.76) 306-1010.000 Claim on Cash (217,378.11) 0.00 (217,378.11) 307-1010.000 Claim on Cash 0.00 0.00 0.00
308-1010.000 Claim on Cash (4,309.08) 0.00 (4,309.08)
309-1010.000 Claim on Cash 0.00 0.00 0.00
310-1010.000 Claim on Cash 0.00 0.00 0.00
311-1010.000 Claim on Cash 9,702.86 (1,738.00) 7,964.86 312-1010.000 Claim on Cash 0.00 0.00 0.00
313-1010.000 Claim on Cash 0.00 0.00 0.00
314-1010.000 Claim on Cash 0.00 0.00 0.00
315-1010.000 Claim on Cash 0.00 0.00 0.00
317-1010.000 Claim on Cash (49,404.49) 0.00 (49,404.49) 318-1010.000 Claim on Cash (14,755.20) 0.00 (14,755.20) 319-1010.000 Claim on Cash (97,994.25) (1,470.00) (99,464.25) 9 ACCOUNT # ACCOUNT NAME
BEGINNING
BALANCE
CURRENT
ACTIVITY
CURRENT
BALANCE
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320-1010.000 Claim on Cash 14,231.00 0.00 14,231.00
321-1010.000 Claim on Cash (599,149.13) 0.00 (599,149.13) 322-1010.000 Claim on Cash (655,393.12) (259,806.73) (915,199.85) 323-1010.000 Claim on Cash 20,744.25 (15,223.39) 5,520.86 324-1010.000 Claim on Cash 0.00 0.00 0.00
325-1010.000 Claim on Cash 19,792.68 (6,372.45) 13,420.23 401-1010.000 Claim on Cash (195,789.33) (5,431.17) (201,220.50) 402-1010.000 Claim on Cash (10,218.62) (43,756.24) (53,974.86) 403-1010.000 Claim on Cash 0.00 0.00 0.00
404-1010.000 Claim on Cash 0.00 0.00 0.00
405-1010.000 Claim on Cash 0.00 0.00 0.00
406-1010.000 Claim on Cash 0.00 0.00 0.00
407-1010.000 Claim on Cash 0.00 0.00 0.00
408-1010.000 Claim on Cash 0.00 0.00 0.00
409-1010.000 Claim on Cash (4,537.01) 0.00 (4,537.01)
410-1010.000 Claim on Cash 0.00 0.00 0.00
411-1010.000 ClaIm on Cash 0.00 0.00 0.00
412-1010.000 Claim on Cash 0.00 0.00 0.00
413-1010.000 Claim on Cash 0.00 0.00 0.00
414-1010.000 Claim on Cash 0.00 0.00 0.00
415-1010.000 Claim on Cash 0.00 0.00 0.00
416-1010.000 Claim on Cash 0.00 0.00 0.00
417-1010.000 Claim on Cash 5,636.00 0.00 5,636.00
418-1010.000 Claim on Cash 0.00 0.00 0.00
419-1010.000 Claim on Cash 0.00 0.00 0.00
420-1010.000 Claim on Cash 58,107.00 0.00 58,107.00
421-1010.000 Claim on Cash (5,559.91) 0.00 (5,559.91)
422-1010.000 Claim on Cash 0.00 0.00 0.00
423-1010.000 Claim on Cash 5,783,990.00 0.00 5,783,990.00 501-1010.000 Claim on Cash 648,847.13 (43,494.74) 605,352.39 502-1010.000 Claim on Cash 96,282.64 (18,121.48) 78,161.16 503-1010.000 Claim on Cash 194,881.26 0.00 194,881.26
504-1010.000 Claim on Cash 32,076.50 0.00 32,076.50
605-1010.000 Claim on Cash 690,982.14 0.00 690,982.14
606-1010.000 Claim on Cash 0.00 0.00 0.00
607-1010.000 Claim on Cash 0.00 0.00 0.00
608-1010.000 Claim on Cash 0.00 0.00 0.00
701-1010.000 Claim on Cash 149,926.49 0.00 149,926.49
702-1010.000 Claim on Cash 0.00 0.00 0.00
703-1010.000 Claim on Cash 0.00 0.00 0.00
801-1010.000 Claim on Cash 624,097.86 (74,161.49) 549,936.37 79,842,508.73 (3,306,550.22) 76,535,958.51TOTAL CLAIM ON CASH
CASH IN BANK
Cash in Bank
999-1010.000 Cash 0.00 0.00 0.00
999-1011.000 Payroll Cash 0.00 0.00 0.00
999-1012.000 Community West Cash Account (78,780.28) (1,239,550.22) (1,318,330.50) 999-1013.000 CWB Revenue Cash Account 1,419,958.51 (3,332,199.52) (1,912,241.01) 999-1080.000 LAIF 41,723,773.75 0.00 41,723,773.75
999-1082.000 Money Market-Community West 31,538,416.99 1,265,199.52 32,803,616.51 999-1083.000 Pershing C.D. 4,954,000.00 0.00 4,954,000.00 999-1083.001 Pershing Sweep Cash Account 285,139.76 0.00 285,139.76 999-1083.002 Pershing Investment-Unrealized Gain/Loss 0.00 0.00 0.00 TOTAL: Cash in Bank 79,842,508.73 (3,306,550.22) 76,535,958.51 79,842,508.73 (3,306,550.22) 76,535,958.51TOTAL CASH IN BANK
DUE TO OTHER FUNDS
Due to Other Funds 79,842,508.73 (3,306,550.22) 76,535,958.51999-2070.000 10 ACCOUNT # ACCOUNT NAME
BEGINNING
BALANCE
CURRENT
ACTIVITY
CURRENT
BALANCE
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79,842,508.73 (3,306,550.22) 76,535,958.51TOTAL DUE TO OTHER FUNDS 76,535,958.51
76,535,958.51 76,535,958.51
Claim on Cash
Cash in Bank Due To Other Funds
Difference 0.00
76,535,958.51
0.00 76,535,958.51
76,535,958.51
0.00 Due To Other Funds
Difference Difference
Claim on Cash Cash in Bank
11 ACCOUNT # ACCOUNT NAME
BEGINNING
BALANCE
CURRENT
ACTIVITY
CURRENT
BALANCE
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ACCOUNTS PAYABLE PENDING
Accounts Payable 12,504.00 (12,504.00) 0.00101-2020.000 Accounts Payable 0.00 0.00 0.00102-2020.000
Accounts Payable 0.00 0.00 0.00201-2020.000
Accounts Payable 0.00 0.00 0.00202-2020.000
Accounts Payable 0.00 0.00 0.00203-2020.000
Accounts Payable 0.00 0.00 0.00205-2020.000
Accounts Payable 0.00 0.00 0.00206-2020.000
Accounts Payable 0.00 0.00 0.00207-2020.000
Accounts Payable 0.00 0.00 0.00208-2020.000
Accounts Payable 0.00 0.00 0.00209-2020.000
Accounts Payable 0.00 0.00 0.00210-2020.000
Accounts Payable 0.00 0.00 0.00211-2020.000
Accounts Payable 0.00 0.00 0.00212-2020.000
Accounts Payable 0.00 0.00 0.00213-2020.000
Accounts Payable 0.00 0.00 0.00214-2020.000
Accounts Payable 0.00 0.00 0.00220-2020.000
Accounts Payable 0.00 0.00 0.00221-2020.000
Accounts Payable 0.00 0.00 0.00222-2020.000
Accounts Payable 0.00 0.00 0.00223-2020.000
Accounts Payable 0.00 0.00 0.00224-2020.000
Accounts Payable 0.00 0.00 0.00225-2020.000
Accounts Payable 0.00 0.00 0.00226-2020.000
Accounts Payable 0.00 0.00 0.00227-2020.000
Accounts Payable 0.00 0.00 0.00228-2020.000
Accounts Payable 0.00 0.00 0.00229-2020.000
Accounts Payable 0.00 0.00 0.00230-2020.000
Accounts Payable 0.00 0.00 0.00231-2020.000
Accounts Payable 0.00 0.00 0.00232-2020.000
Accounts Payable 0.00 0.00 0.00233-2020.000
Accounts Payable 0.00 0.00 0.00234-2020.000
Accounts Payable 0.00 0.00 0.00235-2020.000
Accounts Payable 0.00 0.00 0.00236-2020.000
Accounts Payable 0.00 0.00 0.00237-2020.000
Accounts Payable 0.00 0.00 0.00238-2020.000
Accounts Payable 0.00 0.00 0.00301-2020.000
Accounts Payable 0.00 0.00 0.00302-2020.000
Accounts Payable 0.00 0.00 0.00303-2020.000
Accounts Payable 0.00 0.00 0.00304-2020.000
Accounts Payable 0.00 0.00 0.00305-2020.000
Accounts Payable 0.00 0.00 0.00306-2020.000
Accounts Payable 0.00 0.00 0.00307-2020.000
Accounts Payable 0.00 0.00 0.00308-2020.000
Accounts Payable 0.00 0.00 0.00309-2020.000
Accounts Payable 0.00 0.00 0.00310-2020.000
Accounts Payable 0.00 0.00 0.00311-2020.000
Accounts Payable 0.00 0.00 0.00312-2020.000
Accounts Payable 0.00 0.00 0.00313-2020.000
Accounts Payable 0.00 0.00 0.00314-2020.000
Accounts Payable 0.00 0.00 0.00315-2020.000
Accounts Payable 0.00 0.00 0.00317-2020.000
Accounts Payable 0.00 0.00 0.00318-2020.000
Accounts Payable 0.00 0.00 0.00319-2020.000
Accounts Payable 0.00 0.00 0.00320-2020.000
Accounts Payable 0.00 0.00 0.00321-2020.000
Accounts Payable 0.00 0.00 0.00322-2020.000
Accounts Payable 0.00 0.00 0.00323-2020.000
Accounts Payable 0.00 0.00 0.00324-2020.000
Accounts Payable 0.00 0.00 0.00325-2020.000
Accounts Payable 0.00 0.00 0.00401-2020.000
Accounts Payable 0.00 0.00 0.00402-2020.000
12 ACCOUNT # ACCOUNT NAME
BEGINNING
BALANCE
CURRENT
ACTIVITY
CURRENT
BALANCE
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Accounts Payable 0.00 0.00 0.00403-2020.000
Accounts Payable 0.00 0.00 0.00404-2020.000
Accounts Payable 0.00 0.00 0.00405-2020.000
Accounts Payable 0.00 0.00 0.00406-2020.000
Accounts Payable 0.00 0.00 0.00407-2020.000
Accounts Payable 0.00 0.00 0.00408-2020.000
Accounts Payable 0.00 0.00 0.00409-2020.000
Accounts Payable 0.00 0.00 0.00410-2020.000
Accounts Payable 0.00 0.00 0.00411-2020.000
Accounts Payable 0.00 0.00 0.00412-2020.000
Accounts Payable 0.00 0.00 0.00413-2020.000
Accounts Payable 0.00 0.00 0.00414-2020.000
Accounts Payable 0.00 0.00 0.00415-2020.000
Accounts Payable 0.00 0.00 0.00416-2020.000
Accounts Payable 0.00 0.00 0.00417-2020.000
Accounts Payable 0.00 0.00 0.00418-2020.000
Accounts Payable 0.00 0.00 0.00419-2020.000
Accounts Payable 0.00 0.00 0.00420-2020.000
Accounts Payable 0.00 0.00 0.00421-2020.000
Accounts Payable 0.00 0.00 0.00422-2020.000
Accounts Payable 0.00 0.00 0.00423-2020.000
Accounts Payable 0.00 0.00 0.00501-2020.000
Accounts Payable 0.00 0.00 0.00502-2020.000
Accounts Payable 0.00 0.00 0.00503-2020.000
Accounts Payable 0.00 0.00 0.00504-2020.000
Accounts Payable 0.00 0.00 0.00605-2020.000
Accounts Payable 0.00 0.00 0.00606-2020.000
Accounts Payable 0.00 0.00 0.00607-2020.000
Accounts Payable 0.00 0.00 0.00608-2020.000
Accounts Payable 0.00 0.00 0.00701-2020.000
Accounts Payable 0.00 0.00 0.00702-2020.000
Accounts Payable 0.00 0.00 0.00703-2020.000
Accounts Payable 0.00 0.00 0.00801-2020.000
12,504.00TOTAL ACCOUNTS PAYABLE PENDING (12,504.00) 0.00
DUE FROM OTHER FUNDS
Due from General Fund (12,504.00) 12,504.00 0.00999-1310.101 Due from General Fund Reserves 0.00 0.00 0.00999-1310.102 Due from Vehicle Replace 0.00 0.00 0.00999-1310.198
Due from City Debt Service Fnd 0.00 0.00 0.00999-1310.199 Due from Gas Tax 0.00 0.00 0.00999-1310.201
Due from Transportation 0.00 0.00 0.00999-1310.202
Due from Road Maint Rehab Acct 0.00 0.00 0.00999-1310.203 Due from Measure D 0.00 0.00 0.00999-1310.205
Due from Measure A - Other 0.00 0.00 0.00999-1310.206
Due from Meas A SBCAG Light Ra 0.00 0.00 0.00999-1310.207 Due from County Per Capita 0.00 0.00 0.00999-1310.208
Due from County Per Capita 0.00 0.00 0.00999-1310.209
Due from County Per Capita 0.00 0.00 0.00999-1310.210
Due from Solid Waste Fund 0.00 0.00 0.00999-1310.211
Due from Pub. Safety Donations 0.00 0.00 0.00999-1310.212 Due from Buellton Library 0.00 0.00 0.00999-1310.213
Due from Solvang Library 0.00 0.00 0.00999-1310.214
Due from Goleta Community Center 0.00 0.00 0.00999-1310.217 Due from GTIP 0.00 0.00 0.00999-1310.220
Due from Park Development Fees 0.00 0.00 0.00999-1310.221 Due from Devel. Impact Fees 0.00 0.00 0.00999-1310.222
Due from Library Facilities DI 0.00 0.00 0.00999-1310.223 Due from Sherrif Faciliteis DI 0.00 0.00 0.00999-1310.224 Due from Housing In-Lieu Fund 0.00 0.00 0.00999-1310.225 Due from Environmental Program 0.00 0.00 0.00999-1310.226 13 ACCOUNT # ACCOUNT NAME
BEGINNING
BALANCE
CURRENT
ACTIVITY
CURRENT
BALANCE
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Due from Mangement Habitat 0.00 0.00 0.00999-1310.227
Due from Housing In-Lieu-RDA 0.00 0.00 0.00999-1310.228 Due from Fire DIF Fund 0.00 0.00 0.00999-1310.229
Due from LRDP 0.00 0.00 0.00999-1310.230
Due from Developer Agreement 0.00 0.00 0.00999-1310.231 Due from County Fire DIF 0.00 0.00 0.00999-1310.232
Due from OBF - SCE 0.00 0.00 0.00999-1310.233
Due from Storm Drain DIF 0.00 0.00 0.00999-1310.234
Due from Bicycle & Ped DIF 0.00 0.00 0.00999-1310.235
Due from Other Funds Misc. Grt 0.00 0.00 0.00999-1310.236 Due from Local Grants 0.00 0.00 0.00999-1310.237
Due from Non-Residential Affordable Housing DIF 0.00 0.00 0.00999-1310.238 Due From Citywide CIP Fund 0.00 0.00 0.00999-1310.247
Due from State Park Fund 0.00 0.00 0.00999-1310.301
Due from Public Safety 0.00 0.00 0.00999-1310.302
Due from OTS Grant 0.00 0.00 0.00999-1310.303
Due from Solid Waste Grant 0.00 0.00 0.00999-1310.304
Due from RSTP - State Grant 0.00 0.00 0.00999-1310.305
Due from LSTP 0.00 0.00 0.00999-1310.306
Due from Environmental Justice 0.00 0.00 0.00999-1310.307 Due from STIP 0.00 0.00 0.00999-1310.308
Due from LSR - STATE GRANT 0.00 0.00 0.00999-1310.309
Due From Cal Fire Grant 0.00 0.00 0.00999-1310.310
Due from Other Funds Misc. Grt 0.00 0.00 0.00999-1310.311 Due from Other Funds SLPP 0.00 0.00 0.00999-1310.312
Due From Other Prop84 0.00 0.00 0.00999-1310.313
Due from Strategic Growh Counc 0.00 0.00 0.00999-1310.314 Due from State Water Grant 0.00 0.00 0.00999-1310.315
Due from SSARP Grant 0.00 0.00 0.00999-1310.317
Due from ATP-State 0.00 0.00 0.00999-1310.318
Due from Housing&Community Dev 0.00 0.00 0.00999-1310.319 Due from Cal-OES 0.00 0.00 0.00999-1310.320
Due from TIRCP 0.00 0.00 0.00999-1310.321
Due from MBHMP 0.00 0.00 0.00999-1310.322
Due from CALOES 0.00 0.00 0.00999-1310.323
Due from Planning Grants Program PGP 0.00 0.00 0.00999-1310.324 Due from Isla Vista Grant 0.00 0.00 0.00999-1310.325
Due from ISTEA 0.00 0.00 0.00999-1310.401
Due from CDBG 0.00 0.00 0.00999-1310.402
Due from Capital Improvement 0.00 0.00 0.00999-1310.403 Due from STIP 0.00 0.00 0.00999-1310.404
Due from LSTP 0.00 0.00 0.00999-1310.405
Due from RSTP-Fed Grant 0.00 0.00 0.00999-1310.406
Due from TCSP 0.00 0.00 0.00999-1310.407
Due from EPA Grant 0.00 0.00 0.00999-1310.408
Due from Public Safety Fund 0.00 0.00 0.00999-1310.409
Due from STE 0.00 0.00 0.00999-1310.410
Due from FEMA 0.00 0.00 0.00999-1310.411
Due from Winter Storm Prep 0.00 0.00 0.00999-1310.412
Due from 0.00 0.00 0.00999-1310.413
DUE FROM EECBG 0.00 0.00 0.00999-1310.414
Due from Fish Restoration 0.00 0.00 0.00999-1310.415
Due from BPMP 0.00 0.00 0.00999-1310.416
Due from HSIP 0.00 0.00 0.00999-1310.417
Due from ATP-Federal 0.00 0.00 0.00999-1310.418
Due from TIGER 0.00 0.00 0.00999-1310.419
Due from FHWA - FEBA Reimb 0.00 0.00 0.00999-1310.420
Due from HMGP Hazard Mit Grant 0.00 0.00 0.00999-1310.421 Due from CARES 0.00 0.00 0.00999-1310.422
Due From State & Local Fiscal Recovery Fund 0.00 0.00 0.00999-1310.423 Due from Library Fund 0.00 0.00 0.00999-1310.501
14 ACCOUNT # ACCOUNT NAME
BEGINNING
BALANCE
CURRENT
ACTIVITY
CURRENT
BALANCE
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Due from St Light Assessmnt 0.00 0.00 0.00999-1310.502
Due from PEG 0.00 0.00 0.00999-1310.503
Due from CASp 0.00 0.00 0.00999-1310.504
Due from RDA Project 0.00 0.00 0.00999-1310.601
Due from RDA Housing 0.00 0.00 0.00999-1310.602
Due from RDA Debt Service 0.00 0.00 0.00999-1310.603
Due from RDA Bond Proceeds 0.00 0.00 0.00999-1310.604
Due from RDA Successor Agency 0.00 0.00 0.00999-1310.605 Due from LMI Successor Agency 0.00 0.00 0.00999-1310.606 DUE FROM SUCCESSOR DBT SVC 0.00 0.00 0.00999-1310.607
Due from IBank 0.00 0.00 0.00999-1310.608
Due from Comstock Plover Endow 0.00 0.00 0.00999-1310.701 Due from Section 115 Trust - Pension 0.00 0.00 0.00999-1310.702 Due from Section 115 Trust - OPEB 0.00 0.00 0.00999-1310.703 Due from Developer Deposit Fund 0.00 0.00 0.00999-1310.801 TOTAL DUE FROM OTHER FUNDS (12,504.00) 12,504.00 0.00
ACCOUNTS PAYABLE
Accounts Payable-Control 12,504.00 (12,504.00) 0.00999-2020.000 TOTAL ACCOUNTS PAYABLE 12,504.00 (12,504.00) 0.00
0.00 0.00 0.00
AP Pending
Due From Other Funds Accounts Payable
Difference 0.00 0.00
0.00 0.00
0.00 Accounts Payable
Difference Difference
AP Pending 0.00 Due From Other Funds
15 ATTACHMENT 3:
Balance Sheets for the Quarter Ending December 31, 2022
16 City of Goleta
Balance Sheet (Unaudited)
For the Quarter Ending December 31, 2022
Attachment 3
General Fund Gas Tax Measure A County Per
Capita ‐ Goleta
County Per
Capita ‐
Buellton
101 201 205 208 209
ASSETS
Cash & Investments
Claim on Cash 38,725,085 2,000,007 5,312,364 214,040 203,462 Petty Cash 1,150 ‐ ‐ ‐ ‐ Bond Discount ‐ ‐ ‐ ‐ ‐ Cash with Fiscal Agent ‐ ‐ ‐ ‐ ‐ Investments
Unrealized Gain/Loss on Invest ‐ ‐ ‐ ‐ ‐ Receivables ‐ ‐ ‐ ‐ ‐ Accounts 348,338 ‐ ‐ ‐ ‐ RDA Settlement Receivable ‐ ‐ ‐ ‐ ‐ Interest ‐ ‐ ‐ ‐ ‐ Security Deposit ‐ ‐ ‐ ‐ ‐ Deposit ‐ Earnest Money ‐ ‐ ‐ ‐ ‐ Deposit ‐ State Condemnation ‐ ‐ ‐ ‐ ‐ Prepaid Items (Expenditures) 50,032 ‐ ‐ ‐ ‐ Prepaid Bond Insurance Premium ‐ ‐ ‐ ‐ ‐ Deferred Loss on Refunding ‐ ‐ ‐ ‐ ‐ TOTAL ASSETS 39,124,606 2,000,007 5,312,364 214,040 203,462
LIABILITIES
Accounts Payable ‐ ‐ ‐ ‐ ‐ Accrued Salaries & Benefits 9,201 ‐ ‐ (221) ‐ Retentions Payable 2,002 ‐ 8,958 ‐ ‐ Accrued Expenses ‐ ‐ ‐ ‐ ‐ Deferred Revenue 32,224 ‐ ‐ ‐ ‐ Interest Payable ‐ ‐ ‐ ‐ ‐ Bond Payable ‐ ‐ ‐ ‐ ‐ Bond Pre mium 1,110,509 ‐ ‐ ‐ ‐ Deferred Loss on Refunding ‐ ‐ ‐ ‐ ‐ Deposit ‐ Miscellaneous ‐ ‐ ‐ ‐ ‐ Developer Deposit Payable ‐ ‐ ‐ ‐ ‐ TOTAL LIABILITIES 1,153,935 ‐ 8,958 (221) ‐ FUND BALANCES
Non‐spendable 74,711 ‐ ‐ ‐ ‐ Committed 11,065,624 ‐ ‐ ‐ ‐ Assigned 503,500 ‐ ‐ ‐ ‐ Unassigned Fund Balance 26,326,836 ‐ ‐ ‐ ‐ Fund Balance (Other Funds) ‐ 2,000,007 5,303,406 214,260 203,462 TOTA
L FUND BALANCE 37,970,671 2,000,007 5,303,406 214,260 203,462 TOTAL LIABILITIES &
FUND BALANCE 39,124,606 2,000,007 5,312,364 214,040 203,462 17 City of Goleta
Balance Sheet (Unaudited)
For the Quarter Ending December 31, 2022
Attachment 3
ASSETS
Cash & Investments
Claim on Cash
Petty Cash
Bond Discount
Cash with Fiscal Agent
Investments
Unrealized Gain/Loss on Invest
Receivables
Accounts
RDA Settlement Receivable
Interest
Security Deposit
Deposit ‐ Earnest Money
Deposit ‐ State Condemnation
Prepaid Items (Expenditures)
Prepaid Bond Insurance Premiu
m
Deferred Loss on Refunding
TOTAL ASSETS
LIABILITIES
Accounts Payable
Accrued Salaries & Benefits
Retentions Payable
Accrued Expenses
Deferred Revenue
Interest Payable
Bond Payable
Bond Premium
Deferred Loss on Refunding
Deposit ‐ Miscellaneous
Developer Deposit Payable
TOTAL LIABILITIES
FUND BALANCES
Non‐spendable
Committed
Assigned
Unassigned Fund Balance
Fund Balance (Other Funds)
TOTAL FUND BALANCE
TOTAL LIABILITIES &
FUND BALANCE
County Per
Capita ‐
Solvang
Solid Waste GTIP Parks DIF Public Facilities
DIF
210 211 220 221 222
188,867 1,959,171 11,083,649 8,567,550 (2,409) ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,970,000 ‐ ‐ ‐ ‐ 35,156 ‐ ‐ ‐
‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 188,867 1,959,171 13,088,805 8,567,550 (2,409) ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 24,784 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 24,784 ‐ ‐ ‐ ‐ ‐ ‐ ‐
‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 188,867 1,959,171 13,088,805 8,542,766 (2,409) 188,867 1,959,171 13,088,805 8,542,766 (2,409) 188,867 1,959,171 13,088,805 8,567,550 (2,409) 18 City of Goleta
Balance Sheet (Unaudited)
For the Quarter Ending December 31, 2022
Attachment 3
ASSETS
Cash & Investments
Claim on Cash
Petty Cash
Bond Discount
Cash with Fiscal Agent
Investments
Unrealized Gain/Loss on Invest
Receivables
Accounts
RDA Settlement Receivable
Interest
Security Deposit
Deposit ‐ Earnest Money
Deposit ‐ State Condemnation
Prepaid Items (Expenditures)
Prepaid Bond Insurance Premiu
m
Deferred Loss on Refunding
TOTAL ASSETS
LIABILITIES
Accounts Payable
Accrued Salaries & Benefits
Retentions Payable
Accrued Expenses
Deferred Revenue
Interest Payable
Bond Payable
Bond Premium
Deferred Loss on Refunding
Deposit ‐ Miscellaneous
Developer Deposit Payable
TOTAL LIABILITIES
FUND BALANCES
Non‐spendable
Committed
Assigned
Unassigned Fund Balance
Fund Balance (Other Funds)
TOTAL FUND BALANCE
TOTAL LIABILITIES &
FUND BALANCE
Library DIF Sheriff
Facilities DIF Housing in Lieu Fire DIF
Long Range
Development
Plan (LRDP)
223 224 225 229 230
224,398 141,716 1,269,835 3,439,291 160,564 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 224,398 141,716 1,269,835 3,439,291 160,564 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 224,398 141,716 1,269,835 3,439,291 160,564 224,398 141,716 1,269,835 3,439,291 160,564 224,398 141,716 1,269,835 3,439,291 160,564 19 City of Goleta
Balance Sheet (Unaudited)
For the Quarter Ending December 31, 2022
Attachment 3
ASSETS
Cash & Investments
Claim on Cash
Petty Cash
Bond Discount
Cash with Fiscal Agent
Investments
Unrealized Gain/Loss on Invest
Receivables
Accounts
RDA Settlement Receivable
Interest
Security Deposit
Deposit ‐ Earnest Money
Deposit ‐ State Condemnation
Prepaid Items (Expenditures)
Prepaid Bond Insurance Premiu
m
Deferred Loss on Refunding
TOTAL ASSETS
LIABILITIES
Accounts Payable
Accrued Salaries & Benefits
Retentions Payable
Accrued Expenses
Deferred Revenue
Interest Payable
Bond Payable
Bond Premium
Deferred Loss on Refunding
Deposit ‐ Miscellaneous
Developer Deposit Payable
TOTAL LIABILITIES
FUND BALANCES
Non‐spendable
Committed
Assigned
Unassigned Fund Balance
Fund Balance (Other Funds)
TOTAL FUND BALANCE
TOTAL LIABILITIES &
FUND BALANCE
Developer
Agreements
County Fire
DIF
RSTP State
Grant STIP HBP
231 232 305 308 401
615,163 (204,392) (420,350) (4,309) (201,221) ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐
‐ ‐ ‐ ‐ 615,163 (204,392) (420,350) (4,309) (201,221) ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐
‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 615,163 (204,392) (420,350) (4,309) (201,221) 615,163 (204,392) (420,350) (4,309) (201,221) 615,163 (204,392) (420,350) (4,309) (201,221) 20 City of Goleta
Balance Sheet (Unaudited)
For the Quarter Ending December 31, 2022
Attachment 3
ASSETS
Cash & Investments
Claim on Cash
Petty Cash
Bond Discount
Cash with Fiscal Agent
Investments
Unrealized Gain/Loss on Invest
Receivables
Accounts
RDA Settlement Receivable
Interest
Security Deposit
Deposit ‐ Earnest Money
Deposit ‐ State Condemnation
Prepaid Items (Expenditures)
Prepaid Bond Insurance Premiu
m
Deferred Loss on Refunding
TOTAL ASSETS
LIABILITIES
Accounts Payable
Accrued Salaries & Benefits
Retentions Payable
Accrued Expenses
Deferred Revenue
Interest Payable
Bond Payable
Bond Premium
Deferred Loss on Refunding
Deposit ‐ Miscellaneous
Developer Deposit Payable
TOTAL LIABILITIES
FUND BALANCES
Non‐spendable
Committed
Assigned
Unassigned Fund Balance
Fund Balance (Other Funds)
TOTAL FUND BALANCE
TOTAL LIABILITIES &
FUND BALANCE
CDBG RDA Successor‐
NonHousing Other Funds TOTAL FUNDS
402 605 *
(53,975) 691,514 9,051,936 82,961,956 ‐ ‐ 228 1,378 ‐ ‐ ‐ ‐ ‐ 1,121 ‐ 1,121 503,500 503,500
‐ ‐ (48,727) (48,727) ‐ ‐ ‐ ‐ ‐ ‐ 41,239 389,577 ‐ 2,327,823 ‐ 2,327,823 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,970,000 ‐ ‐ ‐ 85,188 ‐ 57,207 ‐ 57,207 ‐ 596,502
‐ 596,502
(53,975) 3,674,167 9,548,175 88,845,524 ‐ ‐ ‐ ‐ ‐ ‐ (147) 8,833 ‐ ‐ ‐ 35,744 ‐ ‐ ‐
‐ ‐ 6,020,595 6,052,819 ‐ 39,496 ‐ 39,496 ‐ ‐ ‐ ‐ ‐ ‐ (78,164) 1,032,344 ‐ 11,025,000 ‐ 11,025,000 ‐ 1,323,777 ‐ 1,323,777 ‐ ‐ 1,180,647 1,180,647 ‐ 12,388,273 7,122,930 20,698,659 ‐ ‐ ‐ 74,711 ‐ ‐ ‐ 11,065,624 ‐ ‐ ‐ 503,500 ‐ ‐ ‐ 26,326,836 (53,975) (8,714,106) 2,425,245 30,176,194 (53,975) (8,714,106) 2,425,245 68,146,865 (53,975) 3,674,167 9,548,175 88,845,524 21 City of Goleta
Balance Sheet (Unaudited)
For the Quarter Ending December 31, 2022
Attachment 3
ASSETS
Cash & Investments
Claim on Cash
Petty Cash
Bond Discount
Cash with Fiscal Agent
Investments
Unrealized Gain/Loss on Invest
Receivables
Accounts
RDA Settlement Receivable
Interest
Security Deposit
Deposit ‐ Earnest Money
Deposit ‐ State Condemnation
Prepaid Items (Expenditures)
Prepaid Bond Insurance Premiu
m
Deferred Loss on Refunding
TOTAL ASSETS
LIABILITIES
Accounts Payable
Accrued Salaries & Benefits
Retentions Payable
Accrued Expenses
Deferred Revenue
Interest Payable
Bond Payable
Bond Premium
Deferred Loss on Refunding
Deposit ‐ Miscellaneous
Developer Deposit Payable
TOTAL LIABILITIES
FUND BALANCES
Non‐spendable
Committed
Assigned
Unassigned Fund Balance
Fund Balance (Other Funds)
TOTAL FUND BALANCE
TOTAL LIABILITIES &
FUND BALANCE
*Other Funds Include:
202 Transportation
203 RMRA
206 Measure A‐ Other
212 Public Safety Donations
226 Environmental Programs
233 OBF ‐ SCE
236 Misc Grans Library
237 Local Grants
301 State Park Grant
302 COPS ‐ Public Safety Grant
304 Solid Waste ‐ Recycling Grant
306 LSTP
311 Misc. Grant
314 SCG
317 SSARP Grant
318 ATP (State)
319 Housing and Community Development
320 Cal OES
321 TIRCP
409 OTS Public afety Fund
417 Highway Safety Improvement Program
419 TIGER
420 FHWA ‐ FEMA Reimb
421 HMGP ‐ Hazard Mit Grant
423 ARPA
501 Library Services
502 Street Lighting
503 PEG
504 CASp Cert & Tr
aining
701 Plover Endowment
702 Section 115 Trust ‐ Pension
703 Section 115 Trust ‐ OPEB
801 Developer Deposits
806 iBank
22