Agenda Item A.1
CPMS CONSENT CALENDAR
Meeting Date: December 3, 2024
TO: Mayor and Councilmembers
SUBMITTED BY: Luke Rioux, Finance Director
PREPARED BY: Ryan Schwarz, Accountant
SUBJECT: Acceptance of the September 2024 Investment Transaction Report RECOMMENDATION:
Accept the investment transaction report for the month of September 2024.
BACKGROUND:
Transmitted herewith is the investment transaction report fo r the month of September 2024.
The Finance Director, as 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 September 30, 2024, the City’s investment portfolio totaled $77,771,343.19. The City’s weighted average yield in September was 4.403%.
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 September 30, 2024.
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 Fun d (LAIF), and the 1- and 2-Year US Treasury Notes. These benchmarks serve as indicators of the City’s 1 Meeting Date: December 3, 2024
performance. Trends over time that substantially deviate from these benchmarks would warrant further analysis and review.
As of September 30, 2024, LAIF’s apportionment rate was at 4.71%, 1-Year US Treasury yield was at 3.98% and the 2-Year US Treasury yield was at 3.66%, compared to the City’s portfolio yield at 4.32%. By the end of the quarter Treasury yields were lower across the maturity terms of the yield curve. Since the prior quarter, the 1-Year US Treasury yield has decreased from 5.09% to 3.98%, decreasing by 111 basis points. The 2-Year US Treasury yield has decreased from 4.71% to 3.66%, decreasing by 105 basis points. The LAIF daily rate is trending above 4.71% at the time of preparing this report.
In the current interest rate environment, the City’s interest earning s are forecasted to gradually decrease. Short-term and liquid investments like local government investm ent pools and money market funds tend to follow the Federal Funds Rate very closely. On November 7th the Federal Open Market Committee lowered the Federal Funds Rate by 25 basis points to between 4.50% and 4.75%. The next FOMC meeting will be on December 17th – December 18th, 2024.
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.
FINANCE COMMITTEE REVIEW:
The Finance Committee met to review the September 2024 Investment Transaction Report on November 21, 2024.
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Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Interest Rate
2-Year Interest Yield Comparison
CITY PORTFOLIO LAIF 1 YR US TREASURY NOTE 2 YR US TREASURY NOTE 2 Meeting Date: December 3, 2024
FISCAL IMPACTS:
As of September 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 – September 2024
2. Pooled Cash Report for the Period Ending September 30, 2024
3. Balance Sheets (Unaudited) for the Quarter Ending September 30, 2024 3 ATTACHMENT 1
Investment Transaction Report – September 2024
4 Attachment 1
INVESTMENT ACTIVITY INVESTMENT INCOME
PURCHASES OR DEPOSITS POOLED INVESTMENTS
Interest Earned on Investments 94,862.04$
Total
Total - $
SALES, MATURITIES, CALLS OR WITHDRAWALS
Total -$
ACTIVITY TOTAL -$ INCOME TOTAL 94,862.04$
City of Goleta
Investment Activity and Interest Report
Investment Transaction Report - September 2024
5 Attachment 1
ENDING BALANCE AS OF AUGUST 31, 2024
Account Description
Book
Value
Market
Value
Percent of
Portfolio
Weighted Yield to
Maturity
Average
Days to
Maturity
Checking Accounts 759,389.00 $ 759,389.00 $ 0.976% 0.000% 1 Money Market Accounts 22,075,310.50 22,075,310.50 $ 28.368% 4.550% 1 Local Agency Investment Funds 44,336,834.29 44,173,499.25 $ 56.975% 4.579% 1 Certificates of Deposit 5,176,000.00 5,138,559.03 $ 6.651% 2.883% 1815 United States Treasury Bill 5,470,960.32 5,484,429.81 $ 7.030% 5.113% 175 SUBTOTAL 77,818,494.11$ 77,631,187.59 $ 100.000% 4.451% 133.889 Held by Fiscal Agent (US Bank - PARS) 503,500.00$ 552,109.54 $ 1 Held by Fiscal Agent (BNY Mellon) 899.57 899.57 $ 1 SUBTOTAL 504,399.57$ 553,009.11
Totals 78,322,893.68 $ 78,184,196.70 $
Total Cash and Investments 78,322,893.68 $
NET CASH AND INVESTMENT ACTIVITY FOR SEPTEMBER 2024
(551,550.49)$
ENDING BALANCE AS OF SEPTEMBER 30, 2024
Account Description
Book
Value
Market
Value
Percent of
Portfolio
Weighted Yield to
Maturity
Average
Days to
Maturity
Checking Accounts 2,928,237.48 $ 2,928,237.48 $ 3.790% 0.000% 1 Money Market Accounts (1) 19,354,911.53 19,354,911.53 25.049% 4.570% 1 Local Agency Investment Funds (2) 44,336,834.29 44,428,216.23 57.381% 4.710% 1 Certificates of Deposit 5,176,000.00 5,169,914.98 6.699% 2.883% 1735 United States Treasury Bill $5,470,960.32 5,510,642.22 7.081% 5.113% 168 SUBTOTAL 77,266,943.62$ 77,391,922.44 $ 100.000% 4.403% 128.973 Held by Fiscal Agent (US Bank - PARS) 503,500.00$ 561,501.81 $ 1 Held by Fiscal Agent (BNY Mellon) 899.57 899.57 1 SUBTOTAL 504,399.57$ 562,401.38 $
Totals 77,771,343.19 $ 77,954,323.82 $
Total Cash and Investments 77,771,343.19 $
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 - September 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% 2,302,032.50 2,302,032.50 2,302,032.50 COMMUNITY WEST BANK GENERAL REV ACCT 1 0 0.000% 568,082.18 568,082.18 568,082.18 COMMUNITY WEST BANK PAYROLL CHKING ACCT 1 0 0.000% 89.06 89.06 89.06 PERSHING - SAFE KEEPING ACCT 1 0 0.000% 58,033.74 58,033.74 58,033.74 Subtotal, Checking Accounts 1 0.000% 0.000% 2,928,237.48 $ 2,928,237.48$ 2,928,237.48$
MONEY MARKET ACCOUNTS
COMMUNITY WEST BANK MMA - - 1 4.5700% 4.5700% 19,354,911.53 19,354,911.53 19,354,911.53 Subtotal, MMA Account 1 4.5700% 4.5700% 19,354,911.53$ 19,354,911.53$ 19,354,911.53$
LOCAL AGENCY INVESTMENT FUND
LOCAL AGENCY INVESTMENT FUND - - 1 4.710% 4.710% 44,336,834.29 44,336,834.29 44,428,216.23 Subtotal, LAIF 1 4.710% 4.710% 44,336,834.29 $ 44,336,834.29$ 44,428,216.23$
CERTIFICATES OF DEPOSIT
WELLS FARGO BK N A SIOUX FALLS S D 1/29/2020 1/29/2025 1,827 1.950% 1.950% 247,000.00 247,000.00 244,816.52 949763T30 RAYMOND JAMES BK NATL ASSN ST PETERSBURG 2/14/2020 2/14/2025 1,827 1.750% 1.750% 247,000.00 247,000.00 244,317.58 75472RBB6 ENCORE BK LITTLE ROCK ARK CTF DEP 4/25/2020 3/25/2025 1,795 1.150% 1.150% 249,000.00 249,000.00 245,006.04 29260MAV7 POPPY BK SANTA ROSA CA CTF DEP 4/27/2020 3/27/2025 1,795 1.100% 1.100% 249,000.00 249,000.00 244,908.93 73319FAK5 AMERICAN EXPRESS NATL BK BROKERED INTL CTF DE3/31/2020 3/31/2025 1,826 1.550% 1.550% 248,000.00 248,000.00 244,413.92 02589AB68 PACIFIC ENTERPRISE BK IRVINE CA CTF DEP 3/31/2020 3/31/2025 1,826 1.150% 1.150% 249,000.00 249,000.00 244,913.91 694231AC5 STATE BK INDIA NEW YORK NY CTF DEP 4/29/2020 4/29/2025 1,826 1.600% 1.600% 248,000.00 248,000.00 244,024.56 856285TF8 ALLY BK SANDY UTAH CRF ACT/365 6/2/2022 6/2/2027 1,826 3.100% 3.100% 249,000.00 249,000.00 245,929.83 02007GSH7 TOYOTA FINANCIAL SAVINGS BANK HEND NV 10/14/2021 10/14/2026 1,826 1.050% 1.050% 247,000.00 247,000.00 233,770.68 89235MLU3 UBS BANK USA SALT LAKE CITY UT 10/27/2021 10/27/2026 1,826 1.050% 1.050% 249,000.00 249,000.00 235,357.29 90348JV56 DISCOVER BK GREENWOOD DEL 6/1/2022 6/1/2027 1,826 3.200% 3.200% 245,000.00 245,000.00 241,224.55 254673F76 FIRST TECHNOLOGY FED CREDIT UNION #19976 8/5/2022 8/5/2027 1,826 3.650% 3.650% 247,000.00 247,000.00 246,002.12 33715LEB2 DORT FINANCIAL CREDIT UNION 6/20/2023 6/20/2028 1,827 4.500% 4.500% 247,000.00 247,000.00 254,508.80 25844MBB3 COVANTAGE CREDIT UNION 8/6/2024 8/7/2028 1,462 4.200% 4.200% 247,000.00 247,000.00 252,426.59 22282XAD2 CUSTOMERS BANK 8/8/2024 8/8/2028 1,461 4.150% 4.150% 244,000.00 244,000.00 248,806.80 23204HPW2 MERRICK BANK SOUTH JORDAN 9/12/2024 8/11/2028 1,429 4.000% 4.000% 247,000.00 247,000.00 250,729.70 59013KG59 SNB BANK NATIONAL ASSOCIATION 8/14/2024 8/14/2028 1,461 4.100% 4.100% 226,000.00 226,000.00 230,230.72 78470MBS6 BAXTER CREDIT UNION VERNON HILLS 8/22/2023 8/22/2028 1,827 5.000% 5.000% 248,000.00 248,000.00 259,918.88 07181JBB9 FIRST NATIONAL BANK 8/30/2024 8/30/2028 1,461 3.800% 3.800% 249,000.00 249,000.00 251,106.54 32110YP74 CARTER FEDERAL CREDIT UNION 8/7/2024 8/7/2029 1,826 4.250% 4.250% 247,000.00 247,000.00 253,743.10 14622LAS1 ALTAONE FEDERAL CREDIT UNION 8/15/2024 8/15/2029 1,826 4.250% 4.250% 247,000.00 247,000.00 253,757.92 02157RAB3 Subtotal, Certificates of Deposit 1,735 2.883% 2.883% 5,176,000.00$ 5,176,000.00$ 5,169,914.98$
US TREASURY SECURITIES - DISCOUNT
UNITED STS TREAS BILLS 8/8/2024 1/23/2025 168 5.113% 5.113% 5,589,000.00 5,470,960.32 5,510,642.22 912797JR9 Subtotal, US Treasuries 168 5.113% 5.113% 5,589,000.00 $ 5,470,960.32$ 5,510,642.22$ Total 77, 384,983.30$ 77,266,943.62$ 77,391,922.44$ Investment Transaction Report - September 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 - September 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% 333,500.00 333,500.00 371,918.27
PUBLIC AGENCY RETIREMENT SERVICES (PARS) -
PENSION - Moderate Index Plus 2/4/2022 1 -0.940% 170,000.00 170,000.00 189,583.54 Subtotal 1 -0.940% 503,500.00 $ 503,500.00 $ 561,501.81 $ Total 503,500.00$ 503,500.00 $ 561,501.81 $ Held By Fiscal Agent (BNY Mellon)
Holding Account 1 899.57 899.57 899.57 Total 899.57$ 899.57 $ 899.57 $ Grand Total 77,889,382.87$ 77,771,343.19 $ 77,954,323.82 $ 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 September 30, 2024
9 TYLERHOST\SYSTEM Page 1 of 710.10.2024
Pooled Cash Report
City of Goleta, CA
For the Period Ending 9/30/2024
ACCOUNT # ACCOUNT NAME
BEGINNING
BALANCE
CURRENT
ACTIVITY
CURRENT
BALANCE
CLAIM ON CASH
101-1010.000 Claim on Cash 42,419,232.46 (1,126,386.43) 41,292,846.03 102-1010.000 Claim on Cash 0.00 0.00 0.00
201-1010.000 Claim on Cash 1,608,393.09 (982,226.15) 626,166.94 202-1010.000 Claim on Cash 277,641.31 5,911.87 283,553.18 203-1010.000 Claim on Cash 1,383,124.96 (64,712.25) 1,318,412.71 205-1010.000 Claim on Cash 5,560,371.56 (754,258.93) 4,806,112.63 206-1010.000 Claim on Cash (1,214,385.30) 0.00 (1,214,385.30) 207-1010.000 Claim on Cash 0.00 0.00 0.00
208-1010.000 Claim on Cash 253,270.75 (39,030.21) 214,240.54 209-1010.000 Claim on Cash 213,494.44 (5,536.23) 207,958.21 210-1010.000 Claim on Cash 96,835.63 (8,300.21) 88,535.42 211-1010.000 Claim on Cash 1,652,703.74 61,043.34 1,713,747.08 212-1010.000 Claim on Cash 11,747.71 0.00 11,747.71
213-1010.000 Claim on Cash 165,662.82 (16,783.71) 148,879.11 214-1010.000 Claim on Cash 188,775.52 (20,190.89) 168,584.63 215-1010.000 Claim on Cash 0.00 0.00 0.00
216-1010.000 Claim on Cash 0.00 0.00 0.00
217-1010.000 Claim on Cash 23.40 (22,205.55) (22,182.15) 220-1010.000 Claim on Cash 7,069,364.43 (432,246.98) 6,637,117.45 221-1010.000 Claim on Cash 5,779,269.39 (1,732.27) 5,777,537.12 222-1010.000 Claim on Cash 46,974.16 12.05 46,986.21
223-1010.000 Claim on Cash 187,928.93 3.75 187,932.68
224-1010.000 Claim on Cash 150,115.59 0.00 150,115.59
225-1010.000 Claim on Cash 1,494,647.51 0.00 1,494,647.51 226-1010.000 Claim on Cash 184,226.67 0.00 184,226.67
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 3,778,465.00 (1,176.32) 3,777,288.68 230-1010.000 Claim on Cash 2,209,175.77 (11,877.35) 2,197,298.42 231-1010.000 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 0.00 0.00 0.00
234-1010.000 Claim on Cash 613,460.18 (1,160.95) 612,299.23 235-1010.000 Claim on Cash 279,019.63 12.08 279,031.71
236-1010.000 Claim on Cash 28,458.32 0.00 28,458.32
237-1010.000 Claim on Cash (60,778.05) 0.00 (60,778.05) 238-1010.000 Claim on Cash 6,702.51 0.00 6,702.51
239-1010.000 Claim on Cash 3,152,310.40 0.00 3,152,310.40 301-1010.000 Claim on Cash 0.00 0.00 0.00
302-1010.000 Claim on Cash 0.00 7,569.63 7,569.63
303-1010.000 Claim on Cash 0.00 0.00 0.00
304-1010.000 Claim on Cash 132,759.26 0.00 132,759.26
305-1010.000 Claim on Cash (420,350.11) 0.00 (420,350.11) 306-1010.000 Claim on Cash (241,169.27) (320,743.97) (561,913.24) 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 (75,120.51) 132,966.32 57,845.81 311-1010.000 Claim on Cash (48.46) (2,182.50) (2,230.96) 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
Attachment 3
10 ACCOUNT # ACCOUNT NAME
BEGINNING
BALANCE
CURRENT
ACTIVITY
CURRENT
BALANCE
TYLERHOST\SYSTEM Page 2 of 710.10.2024
317-1010.000 Claim on Cash 0.00 0.00 0.00
318-1010.000 Claim on Cash (2,424,723.20) 0.00 (2,424,723.20) 319-1010.000 Claim on Cash 0.00 0.00 0.00
320-1010.000 Claim on Cash 14,231.00 0.00 14,231.00
321-1010.000 Claim on Cash (159,318.86) 130,650.77 (28,668.09) 322-1010.000 Claim on Cash (290,223.88) (56,922.59) (347,146.47) 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 2,125,179.88 0.00 2,125,179.88 401-1010.000 Claim on Cash (3,791,246.12) 1,294,357.58 (2,496,888.54) 402-1010.000 Claim on Cash (1,723.00) (20,285.95) (22,008.95) 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 (3,706.22) (11,866.83) (15,573.05) 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 (362,648.87) (1,368.08) (364,016.95) 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 (71,682.05) 0.00 (71,682.05) 422-1010.000 Claim on Cash 0.00 0.00 0.00
423-1010.000 Claim on Cash 1,212,864.51 0.00 1,212,864.51 424-1010.000 Claim on Cash 0.00 0.00 0.00
425-1010.000 Claim on Cash 0.00 0.00 0.00
501-1010.000 Claim on Cash 455,021.34 (69,733.57) 385,287.77 502-1010.000 Claim on Cash 303,756.10 (19,933.69) 283,822.41 503-1010.000 Claim on Cash 269,128.48 (18,155.21) 250,973.27 504-1010.000 Claim on Cash 52,286.70 424.00 52,710.70
605-1010.000 Claim on Cash 950,076.79 0.00 950,076.79
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 158,935.42 0.00 158,935.42
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 1,508,290.76 46,703.40 1,554,994.16 77,246,346.58 (2,329,362.03) 74,916,984.55TOTAL 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 131,713.95 (96,025.14) 35,688.81 999-1013.000 CWB Revenue Cash Account 6,226.46 573,191.44 579,417.90 999-1080.000 LAIF 44,336,834.29 0.00 44,336,834.29
999-1082.000 Money Market-Community West 22,075,310.50 (2,806,528.33) 19,268,782.17 999-1083.000 Pershing Investments 10,646,960.32 0.00 10,646,960.32 999-1083.001 Pershing Sweep Cash Account 49,301.06 0.00 49,301.06 999-1083.002 Pershing Investment-Unrealized Gain/Loss 0.00 0.00 0.00 TOTAL: Cash in Bank 77,246,346.58 (2,329,362.03) 74,916,984.55 Attachment 3
11 ACCOUNT # ACCOUNT NAME
BEGINNING
BALANCE
CURRENT
ACTIVITY
CURRENT
BALANCE
TYLERHOST\SYSTEM Page 3 of 710.10.2024
77,246,346.58 (2,329,362.03) 74,916,984.55TOTAL CASH IN BANK
DUE TO OTHER FUNDS
Due to Other Funds 77,246,346.58 (2,329,362.03) 74,916,984.55999-2070.000 77,246,346.58 (2,329,362.03) 74,916,984.55TOTAL DUE TO OTHER FUNDS 74,916,984.55
74,916,984.55 74,916,984.55
Claim on Cash
Cash in Bank Due To Other Funds
Difference 0.00
74,916,984.55
0.00 74,916,984.55
74,916,984.55
0.00 Due To Other Funds
Difference Difference
Claim on Cash Cash in Bank
Attachment 3
12 ACCOUNT # ACCOUNT NAME
BEGINNING
BALANCE
CURRENT
ACTIVITY
CURRENT
BALANCE
TYLERHOST\SYSTEM Page 4 of 710.10.2024
ACCOUNTS PAYABLE PENDING
Accounts Payable 0.00 0.00 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 0.00215-2020.000
Accounts Payable 0.00 0.00 0.00216-2020.000
Accounts Payable 0.00 0.00 0.00217-2020.000
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 0.00239-2020.000
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 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
Attachment 3
13 ACCOUNT # ACCOUNT NAME
BEGINNING
BALANCE
CURRENT
ACTIVITY
CURRENT
BALANCE
TYLERHOST\SYSTEM Page 5 of 710.10.2024
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
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 0.00424-2020.000
Accounts Payable 0.00 0.00 0.00425-2020.000
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
0.00TOTAL ACCOUNTS PAYABLE PENDING 0.00 0.00
DUE FROM OTHER FUNDS
Due from General Fund 0.00 0.00 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 Library Fund 0.00 0.00 0.00999-1310.215
Due from Library Book Van 0.00 0.00 0.00999-1310.216
Attachment 3
14 ACCOUNT # ACCOUNT NAME
BEGINNING
BALANCE
CURRENT
ACTIVITY
CURRENT
BALANCE
TYLERHOST\SYSTEM Page 6 of 710.10.2024
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 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 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 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 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
Attachment 3
15 ACCOUNT # ACCOUNT NAME
BEGINNING
BALANCE
CURRENT
ACTIVITY
CURRENT
BALANCE
TYLERHOST\SYSTEM Page 7 of 710.10.2024
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 Community Project Funding 0.00 0.00 0.00999-1310.424 Due from United States Dept of Agriculture 0.00 0.00 0.00999-1310.425 Due from Library Fund 0.00 0.00 0.00999-1310.501
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 0.00 0.00 0.00
ACCOUNTS PAYABLE
Accounts Payable-Control 0.00 0.00 0.00999-2020.000
TOTAL ACCOUNTS PAYABLE 0.00 0.00 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
Attachment 3
16 ATTACHMENT 3:
Balance Sheets (Unaudited) for the Quarter Ending September 30, 2024
17 City of Goleta
Balance Sheet (Unaudited)
For the Quarter Ending September 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 41,292,846 626,167 4,806,113 214,241 207,958 Petty Cash 1,150 ‐ ‐ ‐ ‐ Bond Discount ‐ ‐ ‐ ‐ ‐ Cash with Fiscal Agent ‐ ‐ ‐ ‐ ‐ Investments
Unrealized Gain/Loss on Invest ‐ ‐ ‐ ‐ ‐ Receivables ‐ ‐ ‐ ‐ ‐ Accounts 407,337 ‐ ‐ ‐ ‐ RDA Settlement Receivable ‐ ‐ ‐ ‐ ‐ Interest ‐ ‐ ‐ ‐ ‐ Prepaid Expenditures (Other) ‐ ‐ ‐ ‐ ‐ Security Deposit ‐ ‐ ‐ ‐ ‐ Deposit ‐ Earnest Money ‐ ‐ ‐ ‐ ‐ Deposit ‐ State Condemnation ‐ ‐ ‐ ‐ ‐ Prepaid Items (Expenditures) 10,000 ‐ ‐ ‐ ‐ Prepaid Bond Insurance Premium ‐ ‐ ‐ ‐ ‐ Deferred Loss on Refunding ‐ ‐ ‐ ‐ ‐ TOTAL ASSETS 41,711,333 626,167 4,806,113 214,241 207,958
LIABILITIES
Accounts Payable ‐ ‐ ‐ ‐ ‐ Accrued Salaries & Benefits 4,425 ‐ ‐ ‐ ‐ Retentions Payable 101,887 155,444 124,131 ‐ ‐ Accrued Expenses ‐ ‐ ‐ ‐ ‐ Deferred Revenue 103,657 ‐ ‐ ‐ ‐ Interest Payable ‐ ‐ ‐ ‐ ‐ Bond Payable ‐ ‐ ‐ ‐ ‐ Bond Pr emium 882,020 ‐ ‐ ‐ ‐ Deferred Loss on Refunding ‐ ‐ ‐ ‐ ‐ Deposit ‐ Miscellaneous ‐ ‐ ‐ ‐ ‐ Developer Deposit Payable ‐ ‐ ‐ ‐ ‐ TOTAL LIABILITIES 1,091,989 155,444 124,131 ‐ ‐ FUND BALANCES
Non‐spendable 193,584 ‐ ‐ ‐ ‐ Committed 15,606,011 ‐ ‐ ‐ ‐ Assigned 679,117 ‐ ‐ ‐ ‐ Unassigned Fund Balance 24,140,631 ‐ ‐ ‐ ‐ Fund Balance (Other Funds) ‐ 470,723 4,681,982 214,241 207,958 TOTAL FUND B
ALANCE 40,619,343 470,723 4,681,982 214,241 207,958 TOTAL LIABILITIES &
FUND BALANCE 41,711,333 626,167 4,806,113 214,241 207,958 18 City of Goleta
Balance Sheet (Unaudited)
For the Quarter Ending September 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
88,535 1,713,747 ‐ ‐ 6,637,117 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 5,000 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,821,600 ‐ ‐ ‐ ‐ 35,156 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 88,535 1,713,747 ‐ ‐ 8,498,873 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 11,252 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 11,252 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 88,535 1,713,747 ‐ ‐ 8,487,621 88,535 1,713,747 ‐ ‐ 8,487,621 88,535 1,713,747 ‐ ‐ 8,498,873 19 City of Goleta
Balance Sheet (Unaudited)
For the Quarter Ending September 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
5,777,537 46,986 187,933 150,116 1,494,648 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 5,777,537 46,986 187,933 150,116 1,494,648 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 202,087 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 202,087 ‐ ‐ ‐ ‐ ‐
‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 5,575,450 46,986 187,933 150,116 1,494,648 5,575,450 46,986 187,933 150,116 1,494,648 5,777,537 46,986 187,933 150,116 1,494,648 20 City of Goleta
Balance Sheet (Unaudited)
For the Quarter Ending September 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
3,777,289 2,197,298 615,163 (299,417) (420,350) ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐
‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 3,777,289 2,197,298 615,163 (299,417) (420,350) ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 3,777,289 2,197,298 615,163 (299,417) (420,350) 3,777,289 2,197,298 615,163 (299,417) (420,350) 3,777,289 2,197,298 615,163 (299,417) (420,350) 21 City of Goleta
Balance Sheet (Unaudited)
For the Quarter Ending September 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) (2,496,889) (22,009) 950,077 7,376,187 74,916,985 ‐ ‐ ‐ ‐ 528 1,678 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 900 ‐ 900 503,500 503,500
‐ ‐ ‐ ‐ 24,892 24,892 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 40,000 447,337 ‐ ‐ ‐ 775,941 ‐ 775,941 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 80 80 ‐
‐ ‐ ‐ ‐ 5,000 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,821,600 ‐ ‐ ‐ ‐ ‐ 45,156 ‐ ‐ ‐ 51,865 ‐ 51,865 ‐ ‐ ‐ 540,798 ‐ 540,798 (4,309) (2,496,889) (22,009) 2,319,580 7,945,188 79,135,731 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 4,425 ‐ 71,210 ‐ ‐ 266,786 932,797 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 3,216,540 3,320,196 ‐
‐ ‐ 36,933 ‐ 36,933 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ (31,342) 850,678 ‐ ‐ ‐ 10,410,000 ‐ 10,410,000 ‐ ‐ ‐ 1,200,155 ‐ 1,200,155 ‐ ‐ ‐ ‐ 1,795,624 1,795,624 ‐ 71,210 ‐ 11,647,088 5,247,608 18,550,809 ‐ ‐ ‐ ‐ ‐ 193,584 ‐ ‐ ‐ ‐ ‐ 15,606,011 ‐ ‐ ‐ ‐ ‐ 679,117 ‐ ‐ ‐ ‐ ‐ 24,140,631 (4,309) (2,568,098) (22,009) (9,327,508) 2,697,580 19,965,578 (4,309) (2,568,098) (22,009) (9,327,508) 2,697,580 60,584,922 (4,309) (2,496,889) (22,009) 2,319,580 7,945,188 79,135,731 22 City of Goleta
Balance Sheet (Unaudited)
For the Quarter Ending September 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