Agenda Item A.3
CPMS CONSENT CALENDAR
Meeting Date: September 17, 2024
TO: Mayor and Councilmembers
SUBMITTED BY: Luke Rioux, Finance Director
PREPARED BY: Ryan Schwarz, Accountant
SUBJECT: Acceptance of the June 2024 Investment Transaction Report RECOMMENDATION:
Accept the investment transaction report for the month of June 2024.
BACKGROUND:
Transmitted herewith is the investment transaction report for the month of June 2024.
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 comprehensive report on the City’s portfolio and related activity pursuant to the City’s Investment Policy.
DISCUSSION:
Investment Transaction Report
As of June 30, 2024 , the City‘s investment portfolio totaled $84,298,941.50. The City’s weighted average yield in June was 4.243%.
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 June 30, 2024.
Benchmark Comparisons
Figure 1 shows a 2-year interest rate trend chart that 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 1 Meeting Date: September 17, 2024
performance. Trends over time that substantially deviate from these benchmarks would warrant further analysis and review.
As of June 30, 2024, LAIF’s apportionment rate was at 4.55%, 1 Year US Treasury yield was at 5.09% and the 2 Year US Treasury yield was at 4.71%, compared to the City’s portfolio yield at 4.243%. 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 5.0 3% to 5.09%, increasing by 6 basis points.
The 2 Year US Treasury yield has increased from 4.59% to 4.7 1%, decreasing by 22 basis points. The LAIF daily rate is trending above 4.55% at the time of preparing this report.
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 funds tend to follow the Federal Funds Rate very closely. On July 31 st the Federal Open Market Committee (FOMC) kept the Federal Funds Rate to between 5.25% and 5.50%. There was no rate change at this time as the FOMC is awaiting sufficient data for signs the economy is normalizing and may even cut rates in 2024. The next FOMC meeting will be on September 17th – September 18th, 2024.
The pooled cash report is
included as Attachment 2. Balance Sheets for the General Fund and all Special Funds are also included, as Attachment 3.
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
Sep-22 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 Interest Rate
2-Year Interest Yield Comparison
CITY PORTFOLIO LAIF 1 YR US TREASURY NOTE 2 YR US TREASURY NOTE 2 Meeting Date: September 17, 2024
FINANCE COMMITTEE REVIEW:
The Finance Committee met to review the June 2024 Investment Transaction Report on August 29, 2024.
FISCAL IMPACTS:
As of June 30, 2024, the investment portfolio is in compliance with all State laws and the City’s Investment Policy. There are sufficient funds available to meet the City’s expenditure requirements for the next six months.
APPROVED BY: Robert Nisbet, City Manager
ATTACHMENTS:
1. Investment Transaction Report – June 2024
2. Pooled Cash Report for the Period Ending June 30, 2024
3. Balance Sheets (Unaudited) for the Quarter Ending June 30, 2024 3 ATTACHMENT 1
Investment Transaction Report – June 2024
4 Attachment 1
INVESTMENT ACTIVITY INVESTMENT INCOME
PURCHASES OR DEPOSITS POOLED INVESTMENTS
Interest Earned on Investments 98,333.22$
Total
Total -$
SALES, MATURITIES, CALLS OR WITHDRAWALS
Total -$
ACTIVITY TOTAL -$ INCOME TOTAL 98,333.22$
City of Goleta
Investment Activity and Interest Report
Investment Transaction Report - June 2024
5 Attachment 1
ENDING BALANCE AS OF May 31, 2024
Account Description
Book
Value
Market
Value
Percent of
Portfolio
Weighted Yield to
Maturity
Average
Days to
Maturity
Checking Accounts 3,991,303.27$ 3,991,303.27$ 4.855% 0.000% 1 Money Market Accounts 24,048,950.57 24,048,950.57$ 29.254% 3.915% 1 Local Agency Investment Funds 43,842,164.45 43,559,081.34$ 53.331% 4.300% 1 Certificates of Deposit 5,200,000.00 5,061,816.67$ 6.325% 2.219% 1797 United States Treasury Bill 5,124,708.75 5,199,442.50$ 6.234% 5.366% 182 SUBTOTAL 82,207,127.04$ 81,860,594.35$ 100.000% 3.913% 114.5434 503,500.00$ 505,569.49$ 1
Held by Fiscal Agent (BNY Mellon) 899.57 899.57$ 1 SUBTOTAL 504,399.57$ 506,469.06
Totals 82,711,526.61$ 82,367,063.41$
Total Cash and Investments 82,711,526.61$
NET CASH AND INVESTMENT ACTIVITY FOR JUNE 2024
1,587,414.89$
ENDING BALANCE AS OF JUNE 30, 2024
Account Description
Book
Value
Market
Value
Percent of
Portfolio
Weighted Yield to
Maturity
Average
Days to
Maturity
Checking Accounts 2,257,189.08$ 2,257,189.08$ 2.694% 0.000% 1 Money Market Accounts (1) 27,370,479.65 27,370,479.65 32.664% 4.323% 1 Local Agency Investment Funds (2) 43,842,164.45 43,680,651.76 52.321% 4.550% 1 Certificates of Deposit 5,200,000.00 5,078,154.33 6.206% 2.219% 1814 United States Treasury Bill $5,124,708.75 5,221,020.00 6.116% 5.113% 175 SUBTOTAL 83,794,541.93$ 83,607,494.82$ 100.000% 4.243% 124.1624 Held by Fiscal Agent (US Bank - PARS) 503,500.00$ 528,392.19$ 1 Held by Fiscal Agent (BNY Mellon) 899.57 899.57 1 SUBTOTAL 504,399.57$ 529,291.76$
Totals 84,298,941.50$ 84,136,786.58$
Total Cash and Investments 84,298,941.50$
Notes:
(1)
(2)
City of Goleta
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 Pension 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.
Summary of Cash and Investments
Investment Transaction Report - June 2024
6 Attachment 1
PURCHASE MATURITY DAYS TO STATED YIELD AT FACE BOOK MARKET** DATE DATE MATURITY RATE 365 VALUE VALUE VALUE
CHECKING ACCOUNTS
COMMUNITY WEST BANK GENERAL CHKING ACCT - - 1 0 0.000% 1,596,404.92 1,596,404.92 1,596,404.92 COMMUNITY WEST BANK GENERAL REV ACCT 1 0 0.000% 441,632.04 441,632.04 441,632.04 COMMUNITY WEST BANK PAYROLL CHKING ACCT 1 0 0.000% 89.06 89.06 89.06 PERSHING - SAFE KEEPING ACCT 0 0.000% 219,063.06 219,063.06 219,063.06 Subtotal, Checking Accounts 0.000% 0.000% 2,257,189.08$ 2,257,189.08$ 2,257,189.08$
MONEY MARKET ACCOUNTS
COMMUNITY WEST BANK MMA - - 1 4.3230% 4.3230% 27,370,479.65 27,370,479.65 27,370,479.65 Subtotal, MMA Account 1 4.3230% 4.3230% 27,370,479.65$ 27,370,479.65$ 27,370,479.65$
LOCAL AGENCY INVESTMENT FUND
LOCAL AGENCY INVESTMENT FUND - - 1 4.550% 4.550% 43,842,164.45 43,842,164.45 43,680,651.76 Subtotal, LAIF 1 4.550% 4.550% 43,842,164.45$ 43,842,164.45$ 43,680,651.76$
CERTIFICATES OF DEPOSIT
CAPITAL ONE NA 8/7/2019 8/7/2024 1,827 2.250% 2.250% 247,000.00 247,000.00 246,123.15 14042RMU2 CAPITAL ONE BANK USA NA 8/7/2019 8/7/2024 1,827 2.250% 2.250% 247,000.00 247,000.00 246,123.15 14042TBQ9 ENERBANK USA 8/7/2019 8/7/2024 1,827 2.150% 2.150% 247,000.00 247,000.00 246,098.45 29278TKJ8 MORGAN STANLEY BANK NA 8/8/2019 8/8/2024 1,827 2.200% 2.200% 247,000.00 247,000.00 246,088.57 61690UJX9 MORGAN STANLEY PVT BANK 8/8/2019 8/8/2024 1,827 2.200% 2.200% 247,000.00 247,000.00 246,088.57 61760AS75 LIVE OAK BKG CO WILMINGTON NC 2/12/2020 8/12/2024 1,643 1.700% 1.700% 247,000.00 247,000.00 245,913.20 538036HY3 WASHINGTON FEDERAL BK 8/23/2019 8/23/2024 1,827 2.050% 2.050% 249,000.00 249,000.00 247,745.04 938828BJ8 WELLS FARGO BK N A SIOUX FALLS S D 1/29/2020 1/29/2025 1,827 1.950% 1.950% 247,000.00 247,000.00 242,205.73 949763T30 RAYMOND JAMES BK NATL ASSN ST PETERSBURG 2/14/2020 2/14/2025 1,827 1.750% 1.750% 247,000.00 247,000.00 241,612.93 75472RBB6 ENCORE BK LITTLE ROCK ARK CTF DEP 4/25/2020 3/25/2025 1,795 1.150% 1.150% 249,000.00 249,000.00 241,589.76 29260MAV7 POPPY BK SANTA ROSA CA CTF DEP 4/27/2020 3/27/2025 1,795 1.100% 1.100% 249,000.00 249,000.00 241,445.34 73319FAK5 AMERICAN EXPRESS NATL BK BROKERED INTL CTF DEP3/31/2020 3/31/2025 1,826 1.550% 1.550% 248,000.00 248,000.00 241,184.96 02589AB68 PACIFIC ENTERPRISE BK IRVINE CA CTF DEP 3/31/2020 3/31/2025 1,826 1.150% 1.150% 249,000.00 249,000.00 241,460.28 694231AC5 STATE BK INDIA NEW YORK NY CTF DEP 4/29/2020 4/29/2025 1,826 1.600% 1.600% 248,000.00 248,000.00 240,639.36 856285TF8 ALLY BK SANDY UTAH CRF ACT/365 6/2/2022 6/2/2027 1,826 3.100% 3.100% 249,000.00 249,000.00 240,755.61 02007GSH7 TOYOTA FINANCIAL SAVINGS BANK HEND NV 10/14/2021 10/14/2026 1,826 1.050% 1.050% 247,000.00 247,000.00 226,644.73 89235MLU3 UBS BANK USA SALT LAKE CITY UT 10/27/2021 10/27/2026 1,826 1.050% 1.050% 249,000.00 249,000.00 228,049.14 90348JV56 DISCOVER BK GREENWOOD DEL 6/1/2022 6/1/2027 1,826 3.200% 3.200% 245,000.00 245,000.00 233,808.40 254673F76 FIRST TECHNOLOGY FED CREDIT UNION #19976 8/5/2022 8/5/2027 1,826 3.650% 3.650% 247,000.00 247,000.00 238,436.51 33715LEB2 DORT FINANCIAL CREDIT UNION 6/20/2023 6/20/2028 1,827 4.500% 4.500% 247,000.00 247,000.00 245,614.33 25844MBB3 BAXTER CREDIT UNION VERNON HILLS 8/22/2023 8/22/2028 1,827 5.000% 5.000% 248,000.00 248,000.00 250,527.12 07181JBB9 Subtotal, Certificates of Deposit 1,814 2.219% 2.219% 5,200,000.00$ 5,200,000.00$ 5,078,154.33$
US TREASURY SECURITIES - DISCOUNT
UNITED STS TREAS BILLS 2/15/2024 8/8/2024 175 5.113% 5.113% 5,250,000.00 5,124,708.75 5,221,020.00 TSRYS5626537 Subtotal, US Treasuries 1,989 5.113% 5.113% 5,250,000.00$ 5,124,708.75$ 5,221,020.00$ Total 83,919,833.18$ 83,794,541.93$ 83,607,494.82$ Investment Transaction Report - June 2024
City of Goleta
DESCRIPTION COMMENTS *
Investment Portfolio
7 Attachment 1
PURCHASE MATURITY DAYS TO STATED YIELD AT FACE BOOK MARKET** DATE DATE MATURITY RATE 365 VALUE VALUE VALUE
Investment Transaction Report - June 2024
City of Goleta
DESCRIPTION COMMENTS *
Investment Portfolio
Held By Fiscal Agent (US Bank - PARS)
PUBLIC AGENCY RETIREMENT SERVICES (PARS) -
OPEB - Moderate Index Plus 2/4/2022 1 -0.940% 333,500.00 333,500.00 349,987.67
PUBLIC AGENCY RETIREMENT SERVICES (PARS) -
PENSION - Moderate Index Plus 2/4/2022 1 -0.940% 170,000.00 170,000.00 178,404.52 Subtotal 1 -0.940% 503,500.00$ 503,500.00$ 528,392.19$ Total 503,500.00$ 503,500.00$ 528,392.19$
Held By Fiscal Agent (BNY Mellon)
Holding Account 1 899.57 899.57 899.57
Total 899.57$ 899.57$ 899.57$
Grand Total 84,424,232.75$ 84,298,941.50$ 84,136,786.58$ 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. 8 ATTACHMENT 2:
Pooled Cash Report for the Period Ending June 30, 2024
9 TYLERHOST\SYSTEM Page 1 of 77.16.2024
Pooled Cash Report
City of Goleta, CA
For the Period Ending 6/30/2024
ACCOUNT # ACCOUNT NAME
BEGINNING
BALANCE
CURRENT
ACTIVITY
CURRENT
BALANCE
CLAIM ON CASH
101-1010.000 Claim on Cash 44,528,198.46 0.00 44,528,198.46 102-1010.000 Claim on Cash 0.00 0.00 0.00
201-1010.000 Claim on Cash 2,007,565.27 0.00 2,007,565.27 202-1010.000 Claim on Cash 263,049.81 0.00 263,049.81
203-1010.000 Claim on Cash 1,254,297.87 0.00 1,254,297.87 205-1010.000 Claim on Cash 6,166,366.76 0.00 6,166,366.76 206-1010.000 Claim on Cash (846,111.30) 0.00 (846,111.30) 207-1010.000 Claim on Cash 0.00 0.00 0.00
208-1010.000 Claim on Cash (29,346.54) 0.00 (29,346.54) 209-1010.000 Claim on Cash 210,719.78 0.00 210,719.78
210-1010.000 Claim on Cash 140,216.21 0.00 140,216.21
211-1010.000 Claim on Cash 1,554,873.31 0.00 1,554,873.31 212-1010.000 Claim on Cash 11,747.71 0.00 11,747.71
213-1010.000 Claim on Cash 3,735.00 0.00 3,735.00
214-1010.000 Claim on Cash (33,138.24) 0.00 (33,138.24) 215-1010.000 Claim on Cash 107,684.48 0.00 107,684.48
216-1010.000 Claim on Cash 6,250.00 0.00 6,250.00
217-1010.000 Claim on Cash (185,496.86) 0.00 (185,496.86) 220-1010.000 Claim on Cash 7,435,086.47 0.00 7,435,086.47 221-1010.000 Claim on Cash 5,790,574.54 0.00 5,790,574.54 222-1010.000 Claim on Cash 46,432.94 0.00 46,432.94
223-1010.000 Claim on Cash 187,008.19 0.00 187,008.19
224-1010.000 Claim on Cash 148,386.03 0.00 148,386.03
225-1010.000 Claim on Cash 1,278,783.10 0.00 1,278,783.10 226-1010.000 Claim on Cash 182,104.09 0.00 182,104.09
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 3,735,769.92 0.00 3,735,769.92 230-1010.000 Claim on Cash 2,240,444.40 0.00 2,240,444.40 231-1010.000 Claim on Cash 615,163.38 0.00 615,163.38
232-1010.000 Claim on Cash (299,416.94) 0.00 (299,416.94) 233-1010.000 Claim on Cash 128,210.41 0.00 128,210.41
234-1010.000 Claim on Cash 618,567.52 0.00 618,567.52
235-1010.000 Claim on Cash 275,804.88 0.00 275,804.88
236-1010.000 Claim on Cash 29,459.50 0.00 29,459.50
237-1010.000 Claim on Cash (60,778.05) 0.00 (60,778.05) 238-1010.000 Claim on Cash 6,625.28 0.00 6,625.28
239-1010.000 Claim on Cash 3,122,342.50 0.00 3,122,342.50 301-1010.000 Claim on Cash 0.00 0.00 0.00
302-1010.000 Claim on Cash 0.00 0.00 0.00
303-1010.000 Claim on Cash 0.00 0.00 0.00
304-1010.000 Claim on Cash 35,930.30 0.00 35,930.30
305-1010.000 Claim on Cash (420,350.11) 0.00 (420,350.11) 306-1010.000 Claim on Cash (241,169.27) 0.00 (241,169.27) 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 (25,061.17) 0.00 (25,061.17) 311-1010.000 Claim on Cash 10,475.90 0.00 10,475.90
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
10 ACCOUNT # ACCOUNT NAME
BEGINNING
BALANCE
CURRENT
ACTIVITY
CURRENT
BALANCE
TYLERHOST\SYSTEM Page 2 of 77.16.2024
317-1010.000 Claim on Cash (53,481.99) 0.00 (53,481.99) 318-1010.000 Claim on Cash (2,424,723.20) 0.00 (2,424,723.20) 319-1010.000 Claim on Cash 18,779.75 0.00 18,779.75
320-1010.000 Claim on Cash 14,231.00 0.00 14,231.00
321-1010.000 Claim on Cash (60,879.35) 0.00 (60,879.35) 322-1010.000 Claim on Cash (345,463.89) 0.00 (345,463.89) 323-1010.000 Claim on Cash 0.00 0.00 0.00
324-1010.000 Claim on Cash 0.00 0.00 0.00
325-1010.000 Claim on Cash 2,139,280.00 0.00 2,139,280.00 401-1010.000 Claim on Cash (2,560,754.50) 0.00 (2,560,754.50) 402-1010.000 Claim on Cash (4,204.74) 0.00 (4,204.74)
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 (19,626.05) 0.00 (19,626.05) 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 (306,668.15) 0.00 (306,668.15) 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 (427,751.31) 0.00 (427,751.31) 422-1010.000 Claim on Cash 0.00 0.00 0.00
423-1010.000 Claim on Cash 3,217,592.42 0.00 3,217,592.42 424-1010.000 Claim on Cash 0.00 0.00 0.00
501-1010.000 Claim on Cash 433,661.82 0.00 433,661.82
502-1010.000 Claim on Cash 350,756.72 0.00 350,756.72
503-1010.000 Claim on Cash 262,089.03 0.00 262,089.03
504-1010.000 Claim on Cash 42,759.98 0.00 42,759.98
605-1010.000 Claim on Cash 941,358.87 0.00 941,358.87
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 157,104.23 0.00 157,104.23
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 1,071,784.39 0.00 1,071,784.39 82,500,648.48 0.00 82,500,648.48TOTAL 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 385,169.29 0.00 385,169.29 999-1013.000 CWB Revenue Cash Account 457,396.50 0.00 457,396.50 999-1080.000 LAIF 43,842,164.45 0.00 43,842,164.45
999-1082.000 Money Market-Community West 27,283,413.33 0.00 27,283,413.33 999-1083.000 Pershing Investments 10,324,708.75 0.00 10,324,708.75 999-1083.001 Pershing Sweep Cash Account 207,796.16 0.00 207,796.16 999-1083.002 Pershing Investment-Unrealized Gain/Loss 0.00 0.00 0.00 TOTAL: Cash in Bank 82,500,648.48 0.00 82,500,648.48
11 ACCOUNT # ACCOUNT NAME
BEGINNING
BALANCE
CURRENT
ACTIVITY
CURRENT
BALANCE
TYLERHOST\SYSTEM Page 3 of 77.16.2024
82,500,648.48 0.00 82,500,648.48TOTAL CASH IN BANK
DUE TO OTHER FUNDS
Due to Other Funds 82,500,648.48 0.00 82,500,648.48999-2070.000 82,500,648.48 0.00 82,500,648.48TOTAL DUE TO OTHER FUNDS 82,500,648.48
82,500,648.48 82,500,648.48
Claim on Cash
Cash in Bank Due To Other Funds
Difference 0.00
82,500,648.48
0.00 82,500,648.48
82,500,648.48
0.00 Due To Other Funds
Difference Difference
Claim on Cash Cash in Bank
12 ACCOUNT # ACCOUNT NAME
BEGINNING
BALANCE
CURRENT
ACTIVITY
CURRENT
BALANCE
TYLERHOST\SYSTEM Page 4 of 77.16.2024
ACCOUNTS PAYABLE PENDING
Accounts Payable 636,121.90 0.00 636,121.90101-2020.000 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 117,402.34 0.00 117,402.34205-2020.000 Accounts Payable 9,033.41 0.00 9,033.41206-2020.000
Accounts Payable 0.00 0.00 0.00207-2020.000
Accounts Payable 0.00 0.00 0.00208-2020.000
Accounts Payable 2,718.82 0.00 2,718.82209-2020.000
Accounts Payable 3,629.93 0.00 3,629.93210-2020.000
Accounts Payable 24,218.99 0.00 24,218.99211-2020.000
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 29,755.35 0.00 29,755.35215-2020.000
Accounts Payable 0.00 0.00 0.00216-2020.000
Accounts Payable 11,824.48 0.00 11,824.48217-2020.000
Accounts Payable 91,052.68 0.00 91,052.68220-2020.000
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 7,774.70 0.00 7,774.70230-2020.000
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 8,458.09 0.00 8,458.09234-2020.000
Accounts Payable 0.00 0.00 0.00235-2020.000
Accounts Payable 1,001.18 0.00 1,001.18236-2020.000
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 0.00239-2020.000
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 15,521.34 0.00 15,521.34311-2020.000
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 3,067.09 0.00 3,067.09322-2020.000
Accounts Payable 0.00 0.00 0.00323-2020.000
13 ACCOUNT # ACCOUNT NAME
BEGINNING
BALANCE
CURRENT
ACTIVITY
CURRENT
BALANCE
TYLERHOST\SYSTEM Page 5 of 77.16.2024
Accounts Payable 0.00 0.00 0.00324-2020.000
Accounts Payable 0.00 0.00 0.00325-2020.000
Accounts Payable 659,668.16 0.00 659,668.16401-2020.000 Accounts Payable 4,964.91 0.00 4,964.91402-2020.000
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 1,142,405.83 0.00 1,142,405.83423-2020.000 Accounts Payable 0.00 0.00 0.00424-2020.000
Accounts Payable 0.00 0.00 0.00501-2020.000
Accounts Payable 16,630.21 0.00 16,630.21502-2020.000
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 53,724.70 0.00 53,724.70801-2020.000
2,838,974.11TOTAL ACCOUNTS PAYABLE PENDING 0.00 2,838,974.11
DUE FROM OTHER FUNDS
Due from General Fund (636,121.90) 0.00 (636,121.90)999-1310.101 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 (117,402.34) 0.00 (117,402.34)999-1310.205 Due from Measure A - Other (9,033.41) 0.00 (9,033.41)999-1310.206 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 (2,718.82) 0.00 (2,718.82)999-1310.209 Due from County Per Capita (3,629.93) 0.00 (3,629.93)999-1310.210 Due from Solid Waste Fund (24,218.99) 0.00 (24,218.99)999-1310.211 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 Library Fund (29,755.35) 0.00 (29,755.35)999-1310.215 Due from Library Book Van 0.00 0.00 0.00999-1310.216
Due from Goleta Community Center (11,824.48) 0.00 (11,824.48)999-1310.217 14 ACCOUNT # ACCOUNT NAME
BEGINNING
BALANCE
CURRENT
ACTIVITY
CURRENT
BALANCE
TYLERHOST\SYSTEM Page 6 of 77.16.2024
Due from GTIP (91,052.68) 0.00 (91,052.68)999-1310.220
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 Facilities 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 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 (7,774.70) 0.00 (7,774.70)999-1310.230
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 (8,458.09) 0.00 (8,458.09)999-1310.234 Due from Bicycle & Ped DIF 0.00 0.00 0.00999-1310.235
Due from Other Funds Misc. Grt (1,001.18) 0.00 (1,001.18)999-1310.236 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 Quimby 0.00 0.00 0.00999-1310.239
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 (15,521.34) 0.00 (15,521.34)999-1310.311 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 (3,067.09) 0.00 (3,067.09)999-1310.322
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 (659,668.16) 0.00 (659,668.16)999-1310.401 Due from CDBG (4,964.91) 0.00 (4,964.91)999-1310.402
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
15 ACCOUNT # ACCOUNT NAME
BEGINNING
BALANCE
CURRENT
ACTIVITY
CURRENT
BALANCE
TYLERHOST\SYSTEM Page 7 of 77.16.2024
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 (1,142,405.83) 0.00 (1,142,405.83)999-1310.423 Due from Community Project Funding 0.00 0.00 0.00999-1310.424 Due from Library Fund 0.00 0.00 0.00999-1310.501
Due from St Light Assessmnt (16,630.21) 0.00 (16,630.21)999-1310.502 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 (53,724.70) 0.00 (53,724.70)999-1310.801 TOTAL DUE FROM OTHER FUNDS (2,838,974.11) 0.00 (2,838,974.11)
ACCOUNTS PAYABLE
Accounts Payable-Control 2,838,974.11 0.00 2,838,974.11999-2020.000 TOTAL ACCOUNTS PAYABLE 2,838,974.11 0.00 2,838,974.11
2,838,974.11
2,838,974.11 2,838,974.11
AP Pending
Due From Other Funds Accounts Payable
Difference 0.00 0.00
2,838,974.11
2,838,974.11
0.00 Accounts Payable
Difference Difference
AP Pending 2,838,974.11 Due From Other Funds
16 ATTACHMENT 3:
Balance Sheets (Unaudited) for the Quarter Ending June 30, 2024
17 City of Goleta
Balance Sheet (Unaudited)
For the Quarter Ending June 30, 2024
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 44,514,508 2,007,565 6,170,095 (29,347) 210,720 Petty Cash 1,150 ‐ ‐ ‐ ‐ Bond Discount ‐ ‐ ‐ ‐ ‐ Cash with Fiscal Agent ‐ ‐ ‐ ‐ ‐ Investments
Unrealized Gain/Loss on Invest ‐ ‐ ‐ ‐ ‐ Receivables ‐ ‐ ‐ ‐ ‐ Accounts 426,677 ‐ ‐ ‐ ‐ RDA Settlement Receivable ‐ ‐ ‐ ‐ ‐ Interest ‐ ‐ ‐ ‐ ‐ Prepaid Expenditures (Other) ‐ ‐ ‐ ‐ ‐ Security Deposit ‐ ‐ ‐ ‐ ‐ Deposit ‐ Earnest Money ‐ ‐ ‐ ‐ ‐ Deposit ‐ State Condemnation ‐ ‐ ‐ ‐ ‐ Prepaid Items (Expenditures) 142,700 ‐ ‐ ‐ ‐ Prepaid Bond Insurance Premium ‐ ‐ ‐ ‐ ‐ Deferred Loss on Refunding ‐ ‐ ‐ ‐ ‐ TOTAL ASSETS 45,085,035 2,007,565 6,170,095 (29,347) 210,720
LIABILITIES
Accounts Payable 636,122 ‐ 117,402 ‐ 2,719 Accrued Salaries & Benefits 3,226 ‐ ‐ 40 ‐ Retentions Payable 105,530 68,250 40,326 ‐ ‐ Accrued Expenses ‐ ‐ ‐ ‐ ‐ Deferred Revenue 107,937 ‐ ‐ ‐ ‐ Interest Payable ‐ ‐ ‐ ‐ ‐ Bond Payable ‐ ‐ ‐ ‐ ‐ Bond Premium 811,599 ‐ ‐ ‐ ‐ Deferred Loss on Refunding ‐ ‐ ‐ ‐ ‐ Deposit ‐ Miscellaneous ‐ ‐ ‐ ‐ ‐ Developer Deposit Payable ‐ ‐ ‐ ‐ ‐ TOTAL LIABILITIES 1,664,414 68,250 157,728 40 2,719 FUND BALANCES
Non‐spendable 193,584 ‐ ‐ ‐ ‐ Committed 15,606,011 ‐ ‐ ‐ ‐ Assigned 679,117 ‐ ‐ ‐ ‐ Unassigned Fund Balance 26,941,909 ‐ ‐ ‐ ‐ Fund Balance (Other Funds) ‐ 1,939,315 6,012,367 (29,387) 208,001 TOTAL FUND BA
LANCE 43,420,621 1,939,315 6,012,367 (29,387) 208,001 TOTAL LIABILITIES &
FUND BALANCE 45,085,035 2,007,565 6,170,095 (29,347) 210,720 18 City of Goleta
Balance Sheet (Unaudited)
For the Quarter Ending June 30, 2024
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
Prepaid Expenditures (Other)
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 Library Fund Library Book
Van GTIP
210 211 215 216 220
140,216 1,554,229 107,684 6,250 7,439,308 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 5,000 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,835,900 ‐ ‐
‐ ‐ 35,156
‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 140,216 1,554,229 107,684 6,250 9,315,364 3,630 24,219 29,755 ‐ 91,053 ‐ 6 50 ‐ ‐ ‐ ‐ ‐ ‐ 8,884 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ (425) ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 3,630 24,225 29,380 ‐ 99,937 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 136,586 1,530,004 78,305 6,250 9,215,427 136,586 1,530,004 78,305 6,250 9,215,427 140,216 1,554,229 107,684 6,250 9,315,364 19 City of Goleta
Balance Sheet (Unaudited)
For the Quarter Ending June 30, 2024
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
Prepaid Expenditures (Other)
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
Parks DIF Public Facilities
DIF Library DIF Sheriff
Facilities DIF Housing in Lieu
221 222 223 224 225
5,790,575 46,433 187,008 148,386 1,278,783 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 5,790,575 46,433 187,008 148,386 1,278,783 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 166,818 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 166,818 ‐ ‐ ‐ ‐ ‐ ‐
‐ ‐ ‐
‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 5,623,757 46,433 187,008 148,386 1,278,783 5,623,757 46,433 187,008 148,386 1,278,783 5,790,575 46,433 187,008 148,386 1,278,783 20 City of Goleta
Balance Sheet (Unaudited)
For the Quarter Ending June 30, 2024
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
Prepaid Expenditures (Other)
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
Fire DIF
Long Range
Development
Plan (LRDP)
Developer
Agreements
County Fire
DIF
RSTP State
Grant
229 230 231 232 305
3,735,770 2,240,444 615,163 (299,417) (420,350) ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐
‐ ‐ ‐
‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 3,735,770 2,240,444 615,163 (299,417) (420,350) ‐ 7,775 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 7,775 ‐
‐ ‐
‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 3,735,770 2,232,670 615,163 (299,417) (420,350) 3,735,770 2,232,670 615,163 (299,417) (420,350) 3,735,770 2,240,444 615,163 (299,417) (420,350) 21 City of Goleta
Balance Sheet (Unaudited)
For the Quarter Ending June 30, 2024
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
Prepaid Expenditures (Other)
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
STIP HBP CDBG RDA Successor‐
NonHousing Other Funds TOTAL FUNDS
308 401 402 605 *
(4,309) (2,559,057) (1,746) 941,359 8,680,377 82,500,648 ‐ ‐ ‐ ‐ 228 1,378 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 900 ‐ 900 503,500 503,500
‐ ‐ ‐ ‐ (21,350) (21,350) ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 40,000 466,677 ‐ ‐ ‐ 1,551,882 ‐ 1,551,882 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 6,449 6,449 ‐ ‐
‐ ‐ ‐ 5,000 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,835,900 ‐ ‐ ‐ ‐ ‐ 177,856 ‐ ‐ ‐ 54,536 ‐ 54,536 ‐ ‐ ‐ 568,650 ‐ 568,650 (4,309) (2,559,057) (1,746) 3,117,326 9,209,205 87,652,026 ‐ 659,668 4,965 ‐ 1,261,666 2,838,974 ‐ ‐ ‐ ‐ 328 3,650 ‐ 63,313 7,026 ‐ 214,450 674,597 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 5,148,990 5,256,927 ‐ ‐ ‐ 38,246 ‐ 38,246 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ (24,376) 786,798 ‐ ‐ ‐ 10,725,000 ‐ 10,725,000 ‐ ‐ ‐ 1,261,966 ‐ 1,261,966 ‐ ‐ ‐ ‐ 1,241,411 1,241,411 ‐ 722,981 11,991 12,025,212 7,842,470 22,827,568 ‐ ‐ ‐ ‐ ‐ 193,584 ‐ ‐ ‐ ‐ ‐ 15,606,011 ‐ ‐ ‐ ‐ ‐ 679,117 ‐ ‐ ‐ ‐ ‐ 26,941,909 (4,309) (3,282,038) (13,737) (8,907,886) 1,366,735 21,403,837 (4,309) (3,282,038) (13,737) (8,907,886) 1,366,735 64,824,458 (4,309) (2,559,057) (1,746) 3,117,326 9,209,205 87,652,026 22 City of Goleta
Balance Sheet (Unaudited)
For the Quarter Ending June 30, 2024
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
Prepaid Expenditures (Other)
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
217 GCC
226 Environmental Programs
233 OBF ‐ SCE
236 Misc Grans Library
237 Local Grants
238 DIF Non‐Residential
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 & Training
701 Plover Endowment
801 Developer Deposits
806 iBank
23