Grass Valley City Council
June 25, 2024

Item # 11.

The Development Impact Fee Fund is expected to have $384,300 in funds available for specific projects at the end of FY 2024-25.

Capital Projects Fund
FY 2024-25 Capital Projects Fund Proposed Budget:

Revenues Expenditures
FY 2023-24 Updated Budget $ 3,226,361 $ 2,656,137
FY 2024-25 Proposed Budget $ 14,634,164 $ 14,634,164
The Capital Projects Fund accounts for the majority of non-enterprise Capital Projects citywide (some projects are wholly funded in the General Fund and the Measure E Fund; and are not part of the Capital Projects Fund). Capital projects are typically funded with non-discretionary (grants, fees, etc.) revenue sources and transfers in from other funds. Capital Projects Fund revenues and expenditures are estimated at $14.63 million for FY 2024.25. Projects were updated consistent with current cost and funding estimates.

New and continuing projects accounted for the in the Capital Projects Fund include Main Street Resealing, Mill Street Parking Lot, McCourtney Road Pedestrian Improvements, Bennett Street Bridge, Centennial Drive Realignment, S. Auburn / Colfax Avenue Roundabout, Magenta Drain Restoration; S. Auburn Street Renovation; Condon Skate Park; Bennett Street Bridge; and Matson Creek Phase I. As previously mentioned, funding for these projects comes from specific grant sources (CMAQ, ATP, ARPA funding, etc.) and transfers in from other funding sources (General Fund, Measure E, Gas Tax, Mitigation Fees, Special Projects, etc.).

The negative ($82,729) in fund balance anticipated by the end of Fiscal Year 2024-25 is related to unreimbursed costs for storm damage costs incurred by the City over the past two years. City staff will work to determine how to best fund these unreimbursed expenditures.

Special Projects Fund
FY 2024-25 Special Projects Fund Proposed Budget:

Revenues Expenditures
FY 2023-24 Updated Budget $ 182,793 $ 360,000
FY 2024-25 Proposed Budget $ 182,793 $ 3,000,000
The Special Projects Fund accounts for capital projects funded by other specific revenue sources.

For the coming fiscal year, revenues only include anticipated interest earnings in the fund and an anticipated RTMF distribution from NCTC consistent with prior year expectations. It should be mentioned that during FY 2021-22, the City issued debt in the amount of $6 million to be used towards future park projects. To date, $3 million of this funding has been spent on the Condon /

Item # 11.

Scotten Turf Project. The remaining $3 million in debt proceeds will be used towards Parks Projects to be defined at the outset of the 2024-25 fiscal year.

It is anticipated that the Special Projects Fund will have approximately $3.4 million in fund balance on June 30, 2025 which may be used for future projects.

General Fund Multi-Year Forecast
As a means to gauge the future ability to provide a consistent level of citywide services and programs, a Multi-Year Forecast has been developed for the City’s General Fund – the fund where the vast majority of non-enterprise services are accounted for.

The Multi-year forecast is meant to serve as only one tool to measure fiscal sustainability into the future. The model below incorporates known cost drivers, including any negotiated salary increases, CalPERS retirement cost increases, annual appropriations for capital projects and recurring capital maintenance, and a conservative increase in all other operating expenditures. The model also assumes conservative growth in discretionary revenue sources, including property tax, sales tax, transient occupancy tax and franchise fees. The model is developed to demonstrate the ability to sustain the existing levels of service provided citywide.

As indicated in the model above, a balanced budget is anticipated for FY 2024-25. A slight surplus of $50,148 is projected for FY 2025-26 while a deficit of $197,553 is projected for FY 2026-27. It should also be mentioned that amounts budgeted and forecasted beginning in FY 2024-25 do not include labor increases expected to be negotiated for each year (none are approved at this time) which, if approved, will add to the ongoing expenditure levels.

In Fiscal Year 2026-27, a deficit is projected primarily due to the elimination of a three-year onetime revenue source related to workers compensation rebates ($200,000 for each year beginning in FY 2023-24); and increases in CalPERS Unfunded Liability amortization costs. Each year in the forecast also includes a $150,000 contingency appropriation.

Item # 11.

As shown in the graph below, total expenditures for CalPERS-related costs are anticipated to grow to just under $2.6 million by FY 2026-27. This amount represents approximately 13.6% of the entire expenditure base in the General Fund.

Although the forecast shows a slight surplus and defict for the two out years beginning with FY 2025-26, it should be mentioned that economic forces and anticipated volatility in personnelrelated cost drivers could significantly impact these forecasts for future years. Additionally, this forecast does not include the 22.1 public safety positions; and extensive street reahabilitation and parks projects funded by the Measure E Transactions Tax. To the extent Measure E funds were not available, approximatley $3.6 million in ongoing annual costs related to Measure E staffing would likely be requried to be borne by the General Fund.

Item # 11.

CITY OF GRASS VALLEY
FISCAL YEAR 2024-25 FINAL BUDGET

SCHEDULE OF FUNDS PRESENTED
Fund Description___________________________________________ General Fund Primary operating fund of the City; accounts for all activities except those legally or administratively required to be accounted for in other funds

Measure E Fund Memo fund to the General Fund established to account for proceeds of a one-cent transactions & use (sales) tax measure approved by the city electorate in 2018. Funds are used primarily for public safety, parks and streets-related services and programs.

Enterprise Funds:

Water Fund Accounts for the operation, maintenance and capital activity of the City’s water treatment and distribution system.

Sewer Fund Accounts for the operation, maintenance and capital activity of the City’s wastewater treatments plant and collections facilities.

Special Revenue Funds:

Gas Tax Fund Accounts for funds received and expended for street maintenance purposes as defined in Sections 2105, 2106, 2107 and 2107.5; and the Road Maintenance & Rehabilitation Act (RMRA) of the Streets and Highways Code.

Traffic Safety Fund Accounts for revenue received for the City’s programs associated with the maintenance of equipment and supplies for traffic law enforcement and traffic accident prevention.

Fire Reserve Fund Accounts for funds received related to fire equipment maintenance and replacement – receipts into fund typically come from participation in Fire Strike Teams.

Item # 11.

CITY OF GRASS VALLEY
FY 2024-25 FINAL BUDGET

SCHEDULE OF FUNDS PRESENTED
Fund Description___________________________________________ Special Revenue Funds, cont.:

DUI Grant Fund Accounts for revenues received for the State DUI grant related to prevention programs.

EPA Site Grant Fund Accounts for funds received and expended on an approved EPA project.

Developer Impact Fee Fund Accounts for funds received as a result of development impact on City infrastructure and systems.

Vehicle Replacement Fund Accounts for activities of the City’s vehicle replacement program, the costs of which are distributed among designated user departments.

E. Daniels Park Fund Accounts for funds received for the Elizabeth Daniels Park.

Animal Shelter Fund Accounts for funds received for the Animal Shelter.

Capital Projects Funds:

Capital Projects Fund Accounts for funds collected and expended for the construction or purchase of public facilities and projects.

Special Projects Fund Accounts for funds collected and expended for the construction of special projects.

Maintenance Assessment District Funds:

All Maintenance Assessment District funds account for revenues and expenditures associated with the repairs and maintenance of landscaping, lighting and infrastructure within the District boundaries.

Item # 11.

CITY OF GRASS VALLEY
FY 2024-25 FINAL BUDGET

SCHEDULE OF FUNDS PRESENTED
Fund Description___________________________________________ Maintenance Assessment District Funds, cont.:

Whispering Pines Improvement District – Lighting & Landscape Fund Litton Business Park Improvement District – Lighting & Landscape Fund Morgan Ranch Improvement District - Lighting & Landscape Fund Ventana Sierra Improvement District Fund
Scotia Pines Improvement District Fund
Morgan Ranch 2003-1 Maintenance Assessment District Fund Morgan Ranch West Benefit Assessment District Fund
Morgan Ranch West Improvement District – Lighting & Landscape Fund Ridge Meadows Improvement District – Lighting & Landscape Fund Ridge Meadows Benefit Assessment District Fund
Trust & Agency / Internal Service Funds:

Downtown Assmt Dist. Accounts for funds received to be utilized in the beautification and maintenance of the Downtown Assessment area.

GV Successor Agency Fund Accounts for the former Grass Valley Redevelopment Agency dissolution activities pursuant to ABX1 26 effective October 2011.

HOME / Housing Funds:

All HOME / Housing funds account for revenue, expenditures and loans receivable associated with HOME grant programs.
02-HOME-0586 Fund
09-HOME-6272 Fund
12-HOME-8564 Fund
HOME Grant Fund
99-HOME-0369 Fund
00-HOME-0461 Fund
00-HOME-14968 Fund (Active Grant)

Item # 11.

CITY OF GRASS VALLEY
FY 2024-25 FINAL BUDGET

SCHEDULE OF FUNDS PRESENTED
Fund Description___________________________________________ CDBG Block Grant Funds:

All CDBG Block Grant funds account for revenues, expenditures and loans receivable associated with block grant programs.
04-STBG-1960 Fund
CDBG Fund
CDBG Revolving Fund
CDBG Revolving Loan Fund
CDBG Housing Fund
86-STBG-217 Fund
91-STBG-467 Fund
95-STBG-897 Fund
97-STBG-1118 Fund
99-STBG-1362 Fund
CDBG Doris Drive Fund
Housing Rehabilitation Fund

Item # 11.

City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Capital Outlay / Projects Reconciliation
Fund Capital Outlay / Project Outlay Project
General Fund
- Information Services Information Technology Equipment $ 25,000 - Police Police Equipment - Base Budget $ 5,000
Tree Removal / City Hall Parking Lot $ 90,000
Measure E Fund
- Police Police Vehicle Leases $ 204,000
Police Equipment - Base / Buildouts 50,000
- Fire Fire Truck $ 700,000
Fire Equipment - Base / Buildouts 105,000
- Parks Measure E Parks Projects / Mtc. $ 200,000
Water Fund
Outlay - Base Budget $ 20,000
Water Line Replcmt - Linden / Brighton $ 120,000
Annual Flushing Program 100,000
Depot Street Water Line 600,000
Broadview Heights Booster Station 200,000
Water Treatment Plant Maintenance 475,000
Annual Water System Maintenance 250,000
Water SRF Improvements 25,000
Water Sampling Station Replacements 250,000
Sewer Fund
Outlay - Base Budget $ 100,000
NPDES 2008-13 Project $ 60,000
Annual Sewer Maintenance 200,000
Annual WWTP Projects 1,200,000
Slate Creek Lift Station Project 700,000
Taylorville Lift Station Project 400,000
Sewer Lining Project 2,800,000
Sewer Main Line Replacements 420,000

Item # 11.

City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Capital Outlay / Projects Reconciliation
Fund Capital Outlay / Project Outlay Project
Capital Projects Fund
Storm Drain Plan $ 300,000
Street Maintenance Projects 100,000
Annual Street Rehabilitation 300,000
Annual Storm Drain Maintenance 50,000
Main Street Resealing 300,000
Mill Street Parking Lot 154,164
McCourtney Road Pedestrian Impvmt 940,000
Bennett & Ophir Circulation 200,000
Centennial Drive Realignment 1,200,000
S. Auburn / Colfax Roundabout 300,000
Magenta Drain Restoration 20,000
S. Auburn Street Renovation 1,800,000
Annual Sidewalk Repairs / Mtc 20,000
Condon Skate Park 750,000
Playground Maintenance Projects 35,000
Bennett Street Bridge 115,000
Matson Creek - Phase I 150,000
Measure E Street Rehabilitation 1,800,000
Measure E Park Projects 2,850,000
HSIP Improvements 250,000
Parks Projects TBD (Bond Funds) 3,000,000
Citywide Captial Outlay / Projects Totals: $ 1,209,000 $ 22,724,164 $ 23,933,164
Note: The information presented herein presents the fund in which the captial outlay / project is fully appropriated.

Several projects which have multiple funding sources accounted for as transfers in/out are listed in the fund in which they are wholly accounted for.

Item # 11.

Total Estimated Estimated
Fund Balance Fund Balance Fund Balance
Fund - Description 6/30/2023 Revenues Expenditures 6/30/2024 Revenues Expenditures 6/30/2025 100 - General Fund 8,962,819 $ 18,017,153 $ 17,991,109 8,988,863 $ 18,606,254 $ 18,606,254 $ 8,988,863 $ 200 - Measure E Fund 3,886,497 7,396,331 6,446,335 4,836,493 7,362,500 11,990,823 208,170 Enterprise Funds
500 - Water Enterprise Fund 3,083,555 $ 2,349,348 $ 2,218,115 3,214,788 $ 2,338,500 $ 4,368,823 1,184,465 $ 510 - Sewer Enterprise Fund 9,187,265 5,365,270 4,332,661 10,219,874 5,494,000 10,143,202 5,570,672 Special Revenue Funds
201 - Gas Tax Fund 290,385 $ 759,338 $ 661,813 387,910 $ 788,925 $ 1,152,164 $ 24,671 $ 202 - Traffic Safety Fund - 182,000 182,000 - 185,000 185,000 - 203 - Fire Reserve Fund 218,129 84,000 100,000 202,129 54,000 100,000 156,129 204 - DUI Grant Fund (5,651) 5,651 - - - - -
205- EPA Site Grant Fund (83,012) 283,012 200,000 - 216,988 216,988 - 206 - Developer Impact Fee Fund 2,614,063 146,073 600,836 2,159,300 75,000 1,850,000 384,300 225 - Vehicle Replacement Fund 14,645 71,311 41,346 44,610 1,200 13,000 32,810 450 - E. Daniels Park Fund 104,130 2,500 - 106,630 2,500 - 109,130 451 - Animal Shelter Fund 2,183 - 2,183 - - - -
Capital Projects Funds
300 - Capital Projects Fund (652,953) $ 3,226,361 $ 2,656,137 $ (82,729) $ 14,634,164 $ 14,634,164 $ (82,729) $ 310 - Special Projects Fund 6,413,915 182,793 360,000 6,236,708 182,793 3,000,000 3,419,501 Assessment District Funds
210 - Whipering Pines Improvement Dist. L&L 50,691 $ 29,600 $ 23,999 56,292 $ 30,532 $ 59,632 $ 27,192 $ 211 - Litton Business Park Improvement Dist. L&L 11,705 6,650 3,526 14,829 6,860 13,260 8,429 212 - Morgan Ranch Improvement Dist. L&L 38,754 28,816 15,978 51,592 29,922 56,947 24,567 213 - Ventana Sierra Improvement Dist. 2,005 3,415 5,401 19 3,666 3,666 19 214 - Scotia Pines Improvement Dist. (3,230) 4,448 1,676 (458) 4,488 1,480 2,550 215 - Morgan Ranch 2003-1 Improvement Dist. MA 18,829 660 812 18,677 730 15,480 3,927 216 - Morgan Ranch West BAD 10,951 925 713 11,163 950 7,750 4,363 217 - Morgan Ranch West Improvement Dist. L&L 7,725 580 763 7,542 580 8,100 22 218 - Ridge Meadows Improvement Dist. L&L 8,903 8,100 8,869 8,134 8,370 8,570 7,934 219 - Ridge Meadows BAD 15,019 850 869 15,000 700 8,200 7,500 Trust & Agency / Internal Service Funds
770 - Downtown Assessment District Fund 83,322 $ 63,250 $ 60,000 86,572 $ 63,000 $ 100,000 49,572 $ 780 - Grass Valley Successor Agency Fund 746,338 587,176 645,890 687,624 586,176 645,490 628,310 Fiscal Year 2023-24 Estimated Fiscal Year 2024-25
City of Grass Valley
Budgeted Funds Synopsis
Annual Operations and Fund Balance
Fiscal Year 2024-25 Proposed Budget
---------------FY 2023-24 Estimated------------ ---FY 2024-25 Proposed Budget---

Item # 11.

City of Grass Valley
Budgeted Funds Synopsis
Annual Operations and Fund Balance
Fiscal Year 2024-25 Proposed Budget
Total Estimated Estimated
Fund Balance Fund Balance Fund Balance
Fund - Description 6/30/2023 Revenues Expenditures 6/30/2024 Revenues Expenditures 6/30/2025 CDBG & HOME Loan / Program Income Funds
230 - 02-HOME-0586 Fund 4,355,804 $ 32,713 $ - 4,388,517 $ 32,713 $ - 4,421,230 $ 231 - 09-HOME-6272 Fund 859,883 4,452 - 864,335 4,452 - 868,787 232 - 12-HOME-8564 Fund 272,354 6,569 - 278,923 6,569 - 285,492 233 - HOME Grant Fund 732,868 33,792 5,370 761,290 33,792 5,500 789,582 234 - 99-HOME-0369 Fund 389,863 1,646 - 391,509 1,646 - 393,155 235 - 00-HOME-0461 Fund 1,875,353 48,184 - 1,923,537 48,184 - 1,971,721 236 - 00-HOME-14968 Fund 76,734 1,500 - 78,234 426,500 425,000 479,734 240 - 04-STBG-1960 Fund 72,647 $ 1,100 $ 286 73,161 $ 1,100 $ 286 73,675 $ 241 - CDBG Fund 121,440 350 121,790 - 350 350 -
242 - CDBG Revolving Fund 178,849 1,720 1,496 179,073 1,720 264 180,529 243 - CDBG Revolving Loan Fund 101,498 - - 101,498 - - 101,498 244 - CDBG Housing Fund - - - - - - -
245 - 86-STBG-217 Fund - - - - - - -
246 - 91-STBG-467 Fund - - - - - - -
247 - 95-STBG-897 Fund 20,824 3,312 6,384 14,952 3,312 240 15,154 248 - 97-STBG-1118 Fund - - - - - - -
249 - 99-STBG-1362 Fund 110,000 - - 110,000 - - 110,000 250 - CDBG Doris Drive Fund 33,874 3,519 207 33,800 3,519 207 33,692 251 - Housing Rehab Fund 361,133 7,104 - 368,237 7,104 - 375,341 Total Budget (Excluding CDBG & HOME): Fund Balance Est. Fund Balance Est. Fund Balance June 30, 2023 Revenues Expenditures June 30, 2024 Revenues Expenditures June 30, 2025 General Fund 8,962,819 $ 18,017,153 $ 17,991,109 8,988,863 $ 18,606,254 $ 18,606,254 8,988,863 $ Measure E Fund 3,886,497 7,396,331 6,446,335 4,836,493 7,362,500 11,990,823 208,170 Enterprise Funds 12,270,820 7,714,618 6,550,776 13,434,662 7,832,500 14,512,025 6,755,137 Special Revenue Funds 3,154,872 1,533,885 1,788,178 2,900,579 1,323,613 3,517,152 707,040 Capital Projects Funds 5,760,962 3,409,154 3,016,137 6,153,979 14,816,957 17,634,164 3,336,772 Assessment District Funds 161,352 84,044 62,606 182,790 86,798 183,085 86,503 Trust & Agency Funds 829,660 650,426 705,890 774,196 649,176 745,490 677,882 Total: $ 35,026,982 $ 38,805,611 36,561,031 $ 37,271,562 $ 50,677,798 67,188,993 $ 20,760,367 LESS: Transfers: (3,128,176) $ (3,128,176) (12,629,422) $ (12,629,422) Total Operating Budget Net of Transfers: $ 35,677,435 33,432,855 $ 38,048,376 54,559,571 Fiscal Year 2023-24 (Est.) Fiscal Year 2024-25
---------------FY 2023-24 Estimated------------ ---FY 2024-25 Proposed Budget--- Fiscal Year 2023-24 Estimated Fiscal Year 2024-25

Item # 11.

City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
General Fund Revenue and Expenditure Detail
Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25

REVENUES
Taxes 12,185,414 12,683,922 12,874,004 13,496,658 14,046,392 Franchises 886,159 916,544 991,507 1,018,150 1,028,332
Licenses 201,927 200,072 200,874 191,050 192,005
Services Charges / Fees 1,361,064 1,853,241 1,839,353 1,749,837 1,835,001 Interest & Use of Money 27,984 37,983 167,942 240,000 240,000 Other Agencies 515,690 771,574 784,437 612,325 568,671
Cost Reimbursements / Transfers 206,561 110,049 476,293 693,133 679,853 Other Revenues 169,020 81,501 36,056 16,000 16,000
Other Financing Sources - - - - -
Total Revenues 15,553,819 16,654,886 17,370,466 18,017,153 18,606,254

EXPENDITURES
City Council 31,365 45,194 67,477 40,601 40,335
City Manager 271,026 344,266 382,472 394,204 418,749
Finance Department 472,421 532,773 550,711 574,757 483,727 Personnel 28,434 17,418 36,544 30,958 30,000
Information Systems 408,582 294,223 337,028 319,380 312,782 City Attorney 167,130 275,662 387,818 281,250 225,000
Police Department 4,523,063 5,279,305 5,446,921 6,091,380 6,418,652 Police Department - Animal Control 178,199 211,124 282,385 257,011 265,932 Fire Department 2,567,289 3,283,481 3,697,231 4,062,217 3,875,349 Community Development - Planning 492,210 453,687 475,742 311,952 319,007 Community Development - Building 474,812 434,439 494,802 445,943 425,201 Public Works - Engineering 370,398 333,301 327,616 386,423 375,177 Public Works - Facilities 112,361 144,680 138,972 148,886 126,581 Public Works - Fleet Services 222,073 261,303 312,349 399,329 279,496 Public Works - Streets 474,231 504,117 496,744 517,319 575,153 Parks and Recreation - Swimming Pool 31,706 19,604 128,278 130,270 165,188 Parks and Recreation - Parks Maintenance 279,024 407,689 597,581 566,251 614,010 Parks and Recreation - Recreation - - - - -
Non-Departmental 1,426,798 1,672,628 2,152,876 1,455,775 1,957,581 Debt Service 1,019,104 988,223 1,446,701 1,481,577 1,463,334 Appropriation for Contingency 250,000 278,772 118,971 70,000 150,000 Transfers Out 192,326 45,501 628,556 25,626 85,000
Total Expenditures $ 13,992,552 $ 15,827,390 $ 18,507,775 $ 17,991,109 $ 18,606,254 Excess / (Deficit) of Revenues over
Expenditures 1,561,267 827,496 (1,137,309) 26,044 -
Reserve Transfer to Impact Fee Fund -
Beginning Fund Balance 7,711,365 9,272,632 10,100,128 8,962,819 8,988,863 Ending Fund Balance 9,272,632 10,100,128 8,962,819 8,988,863 8,988,863 Less - Designated Reserves:

Police Department Property Deposits 69,431 69,431 22,846 22,846 22,846 Asset Forfeiture Funds 9,252 9,252 - - -
Narcotics Investigation 12,823 12,823 - - -
North Star Rock Road Mitigation 16,543 16,543 - - -
Infrastructure Repair and Replacement 19,187 19,187 - - - Tree Preservation 10,700 10,700 10,701 10,701 10,701
Whispering Pines 153,160 153,160 153,160 153,160 153,160 PARSAC Claim Reserves 75,000 75,000 75,000 75,000 75,000 ADA Access - SB 1186 14,232 22,167 14,232 14,232 14,232 PSPS Grant (Fuel Station) Reserve 187,051 187,051 - - - PEG Reserves - - 93,594 93,594 93,594
Corporation Yard Remodel Funds - 400,000 267,051 267,051 267,051 Nevada City Fire Apparatus Funds - 25,000 25,000 25,000 25,000 Pension Stabilization Reserve 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 OPEB Stabilization Reserve 500,000 500,000 500,000 500,000 500,000 Capital and Deferred Maintenance Reserve 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 Economic Contingency Reserve 2,500,000 2,500,000 2,500,000 2,500,000 2,500,000 Amount Not Obligated at Year End 3,205,253 3,599,814 2,801,235 2,827,279 2,827,279

Item # 11.

City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
General Fund Revenue Account Detail
Actuals Actuals Preliminary Actuals Estimated Proposed Budget FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Description
Property Taxes 2,990,699 $ 3,057,833 3,388,416 3,430,000 3,499,500 RPTTF Residual Property Tax Distributions 310,844 311,452 256,239 440,000 446,600 Property Tax in Lieu of MVLF 1,380,634 1,437,038 1,503,671 1,561,712 1,600,755 Sales Taxes 7,641,707 7,874,242 7,761,819 8,100,000 8,230,000 Cannabis Taxes - - - - 200,000
Sales Tax Payment to Nevada County (1,131,479) (1,185,867) (1,158,880) (1,138,000) (1,074,304) Transient Occupancy Taxes 881,875 1,058,697 1,033,199 1,015,000 1,055,225 Real Estate Transfer Taxes 89,205 110,037 66,225 67,000 67,670 Property Tax Homeowners Exemption 21,929 20,490 23,315 20,946 20,946 Property Tax Payment to NCCFPD - - - - -
TOTAL TAXES $ 12,185,414 12,683,922 12,874,004 13,496,658 14,046,392 Franchise - Gas & Electric 162,288 $ 172,721 205,383 226,000 228,260 Franchise - Solid Waste 495,547 528,128 552,002 575,000 580,750 Franchise - Cable TV 228,324 215,695 234,122 217,150 219,322 TOTAL FRANCHISES $ 886,159 916,544 991,507 1,018,150 1,028,332 Business Licenses 201,894 $ 200,044 200,703 190,950 191,905 Business License Penalties 33 28 171 100 100
TOTAL LICENSES $ 201,927 200,072 200,874 191,050 192,005 Planning Department Fees / Permits 102,579 $ 202,123 53,070 55,000 55,000 Building Department Fees / Permits 339,917 270,482 350,800 255,000 255,000 Code Enforcement Penalties - 38,897 - - -
Fire Department Fees / Permits 560,256 882,840 928,469 965,650 984,010 Fire Department Assessments 253,492 256,710 257,802 257,556 261,420 Public Works / Engineering Fees / Permits 15,290 22,940 15,480 36,000 36,000 Animal Shelter Fees / Other Revenues 35,881 63,908 62,518 78,456 78,456 Police Department Fees / Other Revenues 30,359 80,897 133,256 49,675 112,090 Parks Department Fees 23,290 34,444 37,958 52,500 53,025 TOTAL SERVICE CHARGES / FEES $ 1,361,064 1,853,241 1,839,353 1,749,837 1,835,001

Item # 11.

City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
General Fund Revenue Account Detail
Actuals Actuals Preliminary Actuals Estimated Proposed Budget FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Description
Interest Earnings 27,984 $ 37,983 160,778 235,000 235,000 Rental Income - - 7,164 5,000 5,000
TOTAL INTEREST & USE OF MONEY $ 27,984 37,983 167,942 240,000 240,000 Motor Vehicle License Fees 9,436 $ 14,856 13,958 12,500 12,500 Beverage Recycling Program 4,361 5,000 5,000 5,000 5,000 Public Safety - Proposition 172 109,853 169,424 157,009 150,473 150,671 Public Safety Grants 211,791 167,372 272,075 163,852 120,000 Strike Team Reimbursements - - 23,066 - -
COPS Grant - AB 3229 100,000 307,495 165,271 165,000 165,000 SB-2 / LEAP Planning Grant 57,058 70,514 118,681 - -
Proposition 64 Grant - - - 110,000 110,000
POST Reimbursements 12,094 24,978 18,143 - -
Other State Reimbursements 4,000 4,000 4,000 4,000 4,000 ADA Disability (SB-1186 Fee) 7,097 7,935 7,234 1,500 1,500 TOTAL FROM OTHER AGENCIES $ 515,690 771,574 784,437 612,325 568,671 Expense Reimbursements 206,561 $ 110,049 9,324 215,000 215,000 Transfer In from Gas Tax Fund - - - 3,000 3,000
Transfer In - POB Payments (Water / Sewer / Measure E) - - 445,691 453,855 452,987 Transfer In - Deere Lease (Water / Sewer) - - 21,278 21,278 8,866 TOTAL COST REIMBURSEMENTS / TRANSFERS $ 206,561 110,049 476,293 693,133 679,853 TOTAL OTHER REVENUES $ 169,020 81,501 36,056 16,000 16,000 TOTAL OTHER FINANCING SOURCES $ - - - - -
TOTAL GENERAL FUND $ 15,553,819 16,654,886 17,370,466 18,017,153 18,606,254

Item # 11.

City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
General Fund
Departmental Expenditure Account Detail
Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
City Administration
City Council - 101
Personal Services 20,007 $ 18,085 $ 19,763 $ 18,085 $ 18,085 $ Services and Supplies 11,358 27,109 47,714 22,516 22,250 Cost Allocation - - - - -
Capital Outlay - - - - -
Total: 31,365 $ 45,194 67,477 40,601 40,335
City Manager - 102
Personal Services 242,210 $ 321,817 347,524 373,257 357,249 Services and Supplies 28,816 22,449 34,948 20,947 61,500 Cost Allocation - - - - -
Capital Outlay - - - - -
Total: 271,026 $ 344,266 382,472 394,204 418,749
Finance Department - 104
Personal Services 364,725 $ 443,247 465,698 502,466 407,577 Services and Supplies 107,696 89,526 85,013 72,291 76,150 Cost Allocation - - - - -
Capital Outlay - - - - -
Total: 472,421 $ 532,773 550,711 574,757 483,727
Personnel - 103
Personal Services - $ - - - -
Services and Supplies 28,434 17,418 36,544 30,958 30,000 Cost Allocation - - - - -
Capital Outlay - - - - -
Total: 28,434 $ 17,418 36,544 30,958 30,000
Information Services - 105
Personal Services - $ - - - -
Services and Supplies 271,498 473,730 376,077 448,966 479,637 Cost Allocation - (196,149) (150,431) (179,586) (191,855) Capital Outlay 137,084 16,642 111,382 50,000 25,000
Total: 408,582 $ 294,223 337,028 319,380 312,782

Item # 11.

City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
General Fund
Departmental Expenditure Account Detail
Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
City Attorney - 106
Personal Services - $ - - - -
Services and Supplies 167,130 275,662 387,818 375,000 300,000 Cost Allocation - - - (93,750) (75,000)
Capital Outlay - - - - -
Total: 167,130 $ 275,662 387,818 281,250 225,000
Public Safety
Police - 201
Personal Services 3,403,108 $ 4,010,372 4,190,035 4,591,822 4,897,952 Services and Supplies 1,093,970 1,191,235 1,240,050 1,494,558 1,515,700 Capital Outlay 25,985 77,698 16,836 5,000 5,000
Total: 4,523,063 $ 5,279,305 5,446,921 6,091,380 6,418,652 Police - Animal Control - 202
Personal Services 149,257 $ 163,239 207,223 211,633 222,182 Services and Supplies 28,942 47,885 75,162 45,378 43,750 Capital Outlay - - - - -
Total: 178,199 $ 211,124 282,385 257,011 265,932
Fire - 203
Personal Services 1,979,554 $ 2,571,513 3,079,510 3,328,457 3,224,349 Services and Supplies 587,735 711,968 617,721 733,760 651,000 Capital Outlay - - - - -
Total: 2,567,289 $ 3,283,481 3,697,231 4,062,217 3,875,349 Community Development
Planning - 301
Personal Services 319,847 $ 333,165 404,960 267,584 283,007 Services and Supplies 172,363 120,522 70,782 44,368 36,000 Capital Outlay - - - - -
Total: 492,210 $ 453,687 475,742 311,952 319,007

Item # 11.

City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
General Fund
Departmental Expenditure Account Detail
Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Building - 302
Personal Services 361,010 $ 268,196 418,150 378,339 377,901 Services and Supplies 113,802 166,243 76,652 67,604 47,300 Capital Outlay - - - - -
Total: 474,812 $ 434,439 494,802 445,943 425,201
Public Works
Engineering - 401
Personal Services 350,213 $ 307,278 314,969 350,473 361,627 Services and Supplies 20,185 26,023 12,647 12,166 13,550 Capital Outlay - - - 23,784 -
Total: 370,398 $ 333,301 327,616 386,423 375,177
Facilities - 404
Personal Services 73,144 $ 76,043 78,168 85,597 87,781
Services and Supplies 39,217 35,800 47,978 29,313 38,800 Capital Outlay - 32,837 12,826 33,976 -
Total: 112,361 $ 144,680 138,972 148,886 126,581
Fleet Services - 403
Personal Services 149,354 $ 187,805 245,703 325,625 213,496 Services and Supplies 72,719 73,498 66,646 73,704 66,000 Capital Outlay - - - - -
Total: 222,073 $ 261,303 312,349 399,329 279,496
Streets - 402
Personal Services 343,974 $ 371,749 342,398 339,789 402,853 Services and Supplies 130,257 132,368 154,346 177,530 172,300 Capital Outlay - - - - -
Total: 474,231 $ 504,117 496,744 517,319 575,153

Item # 11.

City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
General Fund
Departmental Expenditure Account Detail
Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Parks and Recreation
Swimming Pool - 502
Personal Services 16,067 $ 14,789 31,606 45,372 36,323
Services and Supplies 15,639 4,815 90,851 84,898 128,865 Capital Outlay - - 5,821 - -
Total: 31,706 $ 19,604 128,278 130,270 165,188
Parks Maintenance - 501 / 504
Personal Services 202,763 $ 212,024 321,434 379,525 404,980 Services and Supplies 76,261 195,665 276,147 186,726 209,030 Capital Outlay - - - - -
Total: 279,024 $ 407,689 597,581 566,251 614,010
Recreation - XX (In Parks FY 2020-21 Amended)
Personal Services - $ - - - -
Services and Supplies - - - - -
Capital Outlay - - - - -
Total: - $ - - - -
Non-Departmental / Other
Non-Departmental - 601
Personal Services 440,487 $ 521,976 299,256 - 247,581
Services and Supplies 1,140,468 1,150,652 1,807,717 1,455,775 1,620,000 Cost Allocation - - - - -
Appropriation for Contingency 95,843 278,772 118,971 70,000 150,000 Appropriation from Designated Reserves - - - - -
Reimbursable Costs - - - - -
Capital Outlay - - 45,903 - 90,000
Total: 1,676,798 $ 1,951,400 2,271,847 1,525,775 2,107,581

Item # 11.

City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
General Fund
Departmental Expenditure Account Detail
Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Debt Service - 5275
Facility Improvements - $ - - - -
Pension Obligation Bonds 908,914 890,491 1,322,528 1,346,752 1,344,176 Opterra Solar / Backhoe Leases 110,190 97,732 124,173 134,825 119,158 Total: 1,019,104 $ 988,223 1,446,701 1,481,577 1,463,334 Transfers Out - 5899
Capital Projects - Fund 180 192,326 $ 45,501 628,556 20,000 85,000 DUI Grant Fund - Fund 204 - - - - 5,626
Fire Reserve Fund - Fund 121 - - - - -
Dorsey Marketplace - 6208 (Reimbursed) - - - - -
Total: 192,326 $ 45,501 628,556 25,626 85,000
Total Appropriations - General Fund 13,992,552 $ 15,827,390 $ 18,507,775 $ 17,991,109 $ 18,606,254 $ Total Personal Services: $ 9,821,298 8,415,720 $ 10,766,397 $ 11,198,024 $ 11,542,943 $ Total Services and Supplies: 4,762,568 4,106,490 5,504,813 5,376,458 5,511,832 Total Cost Allocations: (196,149) - (150,431) (273,336) (266,855) Total Capital Outlay: 127,177 163,069 192,768 112,760 120,000 Total Debt Service: 988,223 1,019,104 1,446,701 1,481,577 1,463,334 Total Appropriation Of Designated Reserves: - - - - -
Total Reimbursable Costs: - - - - -
Total Transfers Out: 45,501 192,326 628,556 25,626 85,000 Total Appropriation For Contingency: 95,843 278,772 118,971 70,000 150,000

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Measure N Sales Tax - $ - - - -
Measure E Sales Tax 6,634,724 6,987,724 6,992,271 7,366,331 7,350,000 Fire Department Response Reimbursement 23,087 3,576 979 5,000 5,000 Interest Income 17,371 16,131 34,911 25,000 7,500
Other Income 5,790 227,362 219,718 - -
$ 6,680,972 7,234,793 7,247,879 7,396,331 7,362,500
Expenditures:

Police - Personal Services 1,442,142 $ 1,474,359 1,620,204 1,707,516 1,698,043 Police - Non-Personal Services 46,818 129,807 161,830 150,000 162,000 Fire - Personal Services 902,742 1,351,543 1,429,289 1,604,224 1,442,608 Fire - Non-Personal Services 95,286 129,072 161,041 158,894 169,000 Public Works - Personal Services - - - - -
Public Works - Non-Personal Services 20,433 34,560 16,210 7,000 7,000 Safety - CalPERS UAAL Amortization 253,308 312,237 72,781 - 63,783 Safety - Liability Insurance 58,965 70,688 92,121 145,000 161,949 Safety - Worker's Compensation Costs 43,734 71,990 84,498 80,000 82,000 Police - Capital Outlay 129,937 $ 283,037 435,671 328,395 254,000 Fire - Capital Outlay 265,298 89,489 228,200 268,948 805,000 Debt Servce - Parks Funding - - 662,829 654,000 654,000 Direct Capital Outlay - Streets / Parks / PS 1,011,674 1,794,564 679,685 196,316 200,000 Transfers Out - Capital Projects Fund 916,780 1,445,910 1,711,222 934,602 6,080,000 Transfers Out - General Fund (For POB DS) - - 207,637 211,440 211,440 Transfers Out - Gas Tax Fund - - 263,269 - -
$ 5,187,117 7,187,256 7,826,487 6,446,335 11,990,823
Excess (deficit) of revenues over expenditures 1,493,855 $ 47,537 (578,608) 949,996 (4,628,323) Beginning Fund Balance 2,923,713 $ 4,417,568 4,465,105 3,886,497 4,836,493 Ending Fund Balance $ 4,417,568 4,465,105 3,886,497 4,836,493 208,170 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Measure E Fund (Fund 200)

Item # 11.

City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Measure E Fund (Fund 200)
Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Capital Expenditures
Police Capital - Vehicles / Buildout 118,900 $ 215,325 435,671 328,395 204,000 Police Capital - Equipment 11,037 67,712 - - 50,000
Fire Capital - Fire Truck - - - - 700,000
Fire Capital - Vehicles / Buildout 8,311 8,429 223,420 268,948 105,000 Fire Capital - Equipment / Radios 256,987 81,060 4,780 - - 63910 - Police Dept. Radio Infrastructure 6,428 921,984 339,861 21,316 - 64140 - Measure E Park Projects / Maintenance 1,005,246 872,580 339,824 175,000 200,000 Trf to Capital 63350 - Wolf Creek Trail Study - - - 10,288 - Trf to Capital 66101 - Sierra College Fields - - - - -
Trf to Capital XXXX - Main Street Resealing - - - - 300,000 Trf to Capital XXXX - Megenta Drain Restore. - - - - 10,000 Trf to Capital 61220 - Annual Street Mtc - - 48,363 - - Trf to Capital 61330 - Annual Street Rehab 38,726 389,156 38,702 88,000 - Trf to Capital 61420 - Pavement Mgmt Plan 1,699 - - - - Trf to Capital 63850 - Measure E Street Projects 806,290 - 178,587 50,000 1,800,000 Trf to Capital 64140 - Measure E Parks 60,017 47,008 44,842 10,000 2,850,000 Trf to Capital 64150 - Memorial Park Pool / Fac 10,048 748,883 400,000 226,314 - Trf to Capital 63370 - Condon Connector - - - - -
Trf to Capital XXXX - S. Auburn Street Renov - - - - 1,120,000 Trf to Capital 63440 - Mill Street Pkg Lot - 5,601 - - - Trf to Capital 63850 - Measure E Park Projects - 9,636 - - - Trf to Capital 66005 - Mill Street Ped Plaza - - 1,000,000 500,000 - Trf to Capital 66006 - Slate Creek Drainage 243,014 - - - Trf to Capital 66007 - HSIP Improvements - 2,612 728 50,000 - $ 2,323,689 3,613,000 3,054,778 1,728,261 7,339,000
FY 2024-25 Staff Allocations - Measure E Fund:

Police Department - 10.9 FTE
Fire Department - 11.2 FTE
Capital Expenditure Detail

Item # 11.

Actuals Actuals Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Water User Fees 2,241,783 $ 2,148,476 2,004,785 2,080,000 2,119,000 Water Connection Fees 184,881 23,000 75,890 59,848 -
Lease Revenues 45,707 50,843 58,007 58,000 58,000
Interest Earnings 126,435 13,234 153,782 150,000 160,000 Miscellaneous Revenues 25 1,548 851 1,500 1,500
Proceeds of Debt - - - - -
Transfers In From Other Funds - - - - -
$ 2,598,831 2,237,101 2,293,315 2,349,348 2,338,500
Expenditures:

Administration - Personal Services 154,301 $ 176,048 180,783 291,000 364,804 Administration - Non-Personal Services 195,826 132,346 161,665 150,000 150,000 Plant - Personal Services 179,566 142,825 165,891 120,000 163,041 Plant - Non-Personal Services 455,248 568,331 657,744 600,000 615,000 Distribution - Personal Services 183,765 183,134 186,826 175,000 299,535 Distribution - Non-Personal Services 152,723 193,708 133,906 185,000 185,000 CalPERS UAAL Payment 11,136 22,276 26,428 - 27,483
Workers Compensation Expenses 11,376 11,904 13,320 20,000 27,500 Debt Service 329,547 402,401 360,976 332,733 334,267
Information Technology Cost Allocation - 98,074 75,215 89,793 95,928 Capital Outlay 1,172 28,378 672 32,000 20,000
Capital Expenses 114,845 210,435 127,082 100,000 2,020,000 Transfers Out - Capital Projects Fund 29,650 - 700,000 50,000 - Transfers Out - Debt Service (POB / Deere) - - 71,475 72,589 66,265 $ 1,819,155 2,169,860 2,861,983 2,218,115 4,368,823
Excess (deficit) of revenues over expenditures 779,676 $ 67,241 (568,668) 131,233 (2,030,323) Beginning Fund Balance 2,805,306 $ 3,584,982 3,652,223 3,083,555 3,214,788 Ending Fund Balance $ 3,584,982 3,652,223 3,083,555 3,214,788 1,184,465 Reserved Fund Balance:

Safe Drinking Water Loan Debt Svc. Reserve 148,700 $ 148,700 148,700 148,700 148,700 Trustee Cash - Capital Leases Payable - - - - -
Pension Reserve 75,000 75,000 75,000 75,000 75,000
Working Capital Reserve 325,000 325,000 325,000 250,000 250,000 Water System Reinvestment Reserve 360,663 360,663 360,663 360,663 360,663 Emergency Reserve 300,000 300,000 300,000 300,000 300,000 Connection Fee Capital Reserve - - - - -
Unobligated Fund Balance $ 2,375,619 2,442,860 1,874,192 2,080,425 50,102 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Water Fund (Fund 500)

Item # 11.

City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Water Fund (Fund 500)
Actuals Actuals Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Capital Expenditures
- - - -
Trf Capital 61430 - Financial System Replcmt 29,650 $ - - - - Trf Capital 64150 - Memorial Park CDBG Project - - - - - Trf Capital 66005 - Mill Street Ped Plaza - - 700,000 50,000 - XXXX - Water SRF Improvements - - - - 25,000
65210 - Water System Master Plan - - 4,009 50,000 -
65240 - Water Systems Plan - - - - -
65280 - 2011 Water Line (Depot Street) - - - - 600,000
XXXX - Water Line Replcmt (Linden/Brighton) - - - - 120,000 XXXX - Broadview Heights Booster Stn - - - - 200,000
65330 - Water Treatment Plant Maintenance 54,105 - 223 - 475,000 65340 - Annual Water System Maintenance 60,727 191,565 114,075 50,000 250,000 65340X - Water Sampling Station Rplcmts - - - - 250,000 65350 - Annual Flushing Program - - - - 100,000
65230 - Water Rate Impact Fee Study - 18,870 8,775 - -
65370 - Richardson St Line Replacement 13 - - - -
$ 144,495 210,435 827,082 150,000 2,020,000
Capital Expenditure Detail

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Wastewater Service Fees 4,792,139 $ 4,910,741 4,679,365 4,824,000 4,969,000 Industrial Waste Permits 362,183 243,645 256,046 250,000 250,000 Sewer Connection Fees 428,155 177,005 481,681 66,270 50,000 Grants 1,513,809 - - - -
Lease Agreement Revenues - - - - -
Miscellaneous Revenues - - - - -
Interest Earnings 16,668 25,878 44,677 225,000 225,000
Expense Reimbursements - - - - -
Gain on Sales of Assets - - - - -
Transfers In From Other Funds - - - - -
$ 7,112,954 5,357,269 5,461,769 5,365,270 5,494,000
Expenditures:

Administration - Personal Services 182,033 $ 230,279 234,603 295,000 376,867 Administration - Non-Personal Services 385,774 263,491 296,396 375,000 375,000 Plant - Personal Services 784,471 597,945 696,747 650,000 652,165 Plant - Non-Personal Services 1,259,149 998,174 1,144,606 1,150,000 1,300,000 Collection - Personal Services 184,535 118,085 190,526 255,000 287,426 Collection - Non-Personal Services 90,433 168,376 140,357 175,000 175,000 CalPERS UAAL Payment 32,675 48,726 44,844 - -
Workers Compensation Costs 28,994 22,774 28,195 33,000 40,000 Debt Service 1,448,310 1,515,867 1,392,975 931,589 776,263 Information Technology Cost Allocation - 98,074 75,215 89,793 95,928 Other Expenses - - - - -
Capital Outlay - Equipment - 124,369 56,812 93,175 100,000 Capital Expenses 1,429,108 30,369 26,502 94,000 5,780,000 Transfers Out - Capital Projects Fund 29,650 - - - -
Transfers Out - Debt Service (POB / Deere) - - 187,858 191,104 184,553 $ 5,855,132 4,216,529 4,515,636 4,332,661 10,143,202
Excess (deficit) of revenues over expenditures 1,257,822 $ 1,140,740 946,133 1,032,609 (4,649,202) Beginning Fund Balance 5,842,570 $ 7,100,392 8,241,132 9,187,265 10,219,874 Ending Fund Balance $ 7,100,392 8,241,132 9,187,265 10,219,874 5,570,672 Reserved Fund Balance:

Bond Reserve - $ - -
Trustee Cash - Leases and Other Debt 1,109,052 585,453 605,576 605,576 605,576 FHMA Debt Service Reserve 134,362 134,362 134,362 134,362 134,362 Glenbrook Sewer Improvement Reserve - - - - -
Working Capital Reserve 850,000 850,000 850,000 850,000 850,000 Pension Reserve 175,000 175,000 175,000 175,000 175,000 System Reinvestment Reserve 1,735,887 1,735,887 1,735,887 1,735,887 1,735,887 Emergency Reserve 750,000 750,000 750,000 750,000 750,000 Connection Fee Capital Reserve - - - - -
Unobligated Fund Balance $ 2,346,091 4,010,430 4,936,440 5,969,049 1,319,847 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Sewer Fund (Fund 510)

Item # 11.

City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Sewer Fund (Fund 510)
Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Capital Expenditures
Trf Capital 61430 - Financial System Replcmt 29,650 $ - - - - 66590 - NPDES 2008-13 - - - - 60,000
66820 - Annual Sewer Maintenance 20,157 895 9,369 35,000 200,000 66890 - Annual WWTP Projects 154,261 141 906 1,500 1,200,000 66960 - 2018 WWTP Improvements Project 1,247,245 - 747 50,000 - 66940 - Slate Creek Lift Station 7,445 4,711 505 7,500 700,000 XXXX - Taylorville Lift Station - - - - 400,000
XXXX - Sewer Lining Project - - - - 2,800,000
XXXX - Sewer Main Replacement Project - - - - 420,000
65230 - Sewer Rate Study - 24,622 14,975 - -
$ 1,458,758 30,369 26,502 94,000 5,780,000
Capital Expenditure Detail

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Section 2103 Apportionment 85,832 $ 102,053 110,980 119,878 120,919 Section 2105 Apportionment 65,543 71,718 77,514 82,893 84,538 Section 2106 Apportionment 92,323 107,667 103,373 109,332 111,445 Section 2107 Apportionment 88,690 79,655 105,638 113,221 115,532 Section 2107.5 Apportionment 3,000 3,000 3,000 3,000 3,000 Road Repair / Accountability Act / Loan Repay 238,498 263,269 303,897 326,014 348,491 Transfers In - Measure E Fund - - 263,269 - -
Interest Earnings 3,497 1,528 20,676 5,000 5,000
$ 577,383 628,890 988,347 759,338 788,925
Expenditures:

Capital Outlay - Street Sweeper - $ - - - -
Transfers Out - General Fund - - - 3,000 3,000
Transfers Out - Traffic Safety Fund 175,147 134,079 135,019 152,000 155,000 Transfers Out - Capital Projects Fund 631,620 187,005 963,999 506,813 994,164 $ 806,767 321,084 1,099,018 661,813 1,152,164
Excess (deficit) of revenues over expenditures (229,384) $ 307,806 (110,671) 97,525 (363,239) Beginning Fund Balance 322,634 $ 93,250 401,056 290,385 387,910 Ending Fund Balance $ 93,250 401,056 290,385 387,910 24,671 Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Capital Expenditures
Trf to Capital 61220 - Street Maintenance 122,296 $ 11,631 100,000 170,000 100,000 Trf to Capital 61300 - Dorsey Drive - - - - -
Trf to Capital 61330 - Street Rehab 505,000 175,000 850,000 295,000 - Trf to Capital 61420 - Pavement Mgt Plan - - - - -
Trf to Capital 63630 - Annual Sidewalks 4,324 374 13,999 31,813 20,000 Trf to Capital 63350 - Wolf Creek Trail - - - - -
Trf to Capital 63440 - Mill Street Parking Lot - - - - 154,164 Trf to Capital 63450 - McCourtney Road ATP - - - 10,000 - Trf to Capital XXXX - S. Auburn Street Renov - - - - 680,000 Trf to Capital XXXX - Bennett St Bridge - - - - 40,000
$ 631,620 187,005 963,999 506,813 994,164
City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Gas Tax Fund (Fund 201)
Capital Expenditure Detail

Item # 11.

Actual Actual Perliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Parking Citation Revenue 19,452 $ 25,500 32,399 30,000 30,000 Transfer In - Gas Tax Fund 175,147 134,079 135,019 152,000 155,000 Miscellaneous Grants - - 7,000 - -
Interest Earnings (90) - - - -
$ 194,509 159,579 174,418 182,000 185,000
Expenditures:

Utilities Costs 108,076 $ 119,600 137,935 155,000 158,000 Professional Services / Contracts 52,408 41,500 24,111 25,000 25,000 Parking Citations - - 2,622 2,000 2,000
Capital Expenses 9,750
$ 160,484 161,100 174,418 182,000 185,000
Excess (deficit) of revenues over expenditures 34,025 $ (1,521) - - - Beginning Fund Balance (32,504) $ 1,521 - - -
Ending Fund Balance $ 1,521 - - - -
Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Capital Expenditures
62600 - Traffic Calming Project - $ - 9,750 - -
$ - - 9,750 - -
Capital Expenditure Detail
City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Traffic Safety Fund (Fund 202)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Strike Team Revenues 131,212 $ 107,230 49,921 80,000 50,000 Other Revenues - 899 - - -
Interest Earnings 825 972 4,313 4,000 4,000
$ 132,037 109,101 54,234 84,000 54,000
Expenditures:

Fire Department Expenditures 27,359 $ 70,554 61,064 100,000 100,000 $ 27,359 70,554 61,064 100,000 100,000
Excess (deficit) of revenues over expenditures 104,678 $ 38,547 (6,830) (16,000) (46,000) Beginning Fund Balance 81,734 $ 186,412 224,959 218,129 202,129 Fund Balance Reserved - Nev. City Apparatus - $ 15,000 30,000 45,000 60,000 Ending Fund Balance $ 186,412 209,959 188,129 157,129 96,129 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Fire Reserve Fund (Fund 203)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Other Revenues - $ - - - -
Transfers In - - - 5,651 -
Interest Earnings 14 11 83 - -
$ 14 11 83 5,651 -
Expenditures:

Safety Expenditures - $ - 10,298 - -
$ - - 10,298 - -
Excess (deficit) of revenues over expenditures 14 $ 11 (10,215) 5,651 - Beginning Fund Balance 4,539 $ 4,553 4,564 (5,651) -
Ending Fund Balance $ 4,553 4,564 (5,651) - -
City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
DUI Grant Fund (Fund 204)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Grant Revenues 120,424 114,041 57,237 283,012 216,988
Interest Earnings - - - - -
120,424 114,041 57,237 283,012 216,988
Expenditures:

EPA Site Assessment Expenditures 121,841 122,632 117,088 200,000 216,988 121,841 122,632 117,088 200,000 216,988
Excess (deficit) of revenues over expenditures (1,417) (8,591) (59,851) 83,012 - Beginning Fund Balance (13,153) (14,570) (23,161) (83,012) - Ending Fund Balance (14,570) (23,161) (83,012) - -
City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
EPA Site Grant Fund (Fund 205)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Local Drainage Impact Fees 38,625 $ 10,591 10,440 8,345 - Parking in Lieu Fees - 14,518 - - -
Fire Services Impact Fees 64,197 14,461 7,846 6,193 -
Police Services Impact Fees 25,249 7,144 7,841 3,105 -
Admin / General Facilities Impact Fees 34,525 7,245 2,602 3,908 - Subdivision Map Act Fees 4,700 - - - -
Regional Circulation Impact Fees 3,902 - - - -
Regional Storm Drainage Impact Fees - - - - -
Parks / Recreation Impact Fees 205,840 37,932 16,019 19,944 - GV Transportation Improvement Impact Fees 231,586 53,300 157,859 28,969 - GV Transportation Administrative Fees 6,137 529 1,579 290 - Glenbrook Basin Traffic Impact Fees 1,388 1,729 4,004 319 - McKnight Way Recapture Impact Fees 5,580 - - - -
Interest Earnings 28,391 14,098 63,011 75,000 75,000
$ 650,120 161,547 271,201 146,073 75,000
Expenditures:

Police Department Capital Outlay - $ 17,795 - - -
Fire Department Capital Outlay - 103,828 - - -
City Hall / Park Impvmts Capital Outlay - 24,157 11,529 54,000 - Property Purchase / Parks 284,996 269,436 - -
Transfers Out - General Fund - - - - -
Net Transfers Out - Capital Projects Fund - - 587,002 546,836 1,850,000 $ - 430,776 867,967 600,836 1,850,000
Excess (deficit) of revenues over expenditures 650,120 $ (269,229) (596,766) (454,763) (1,775,000) Beginning Fund Balance 2,829,938 $ 3,480,058 3,210,829 2,614,063 2,159,300 Ending Fund Balance $ 3,480,058 3,210,829 2,614,063 2,159,300 384,300 Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Capital Expenditures
Trf Capital 66005 - Mill Street Ped Mall. - $ - 561,621 - - Trf Capital 61100 - Storm Drain Plan - - - 1,000 300,000 Trf Capital 63452 - Centennial Dr Realignment - - - - 1,200,000 Trf Capital 63440 - Mill Street Parking Lot - - 10,137 545,836 - Trf Capital 63420 - City Hall / PD Security - - - - -
Trf Capital 63451 - Bennett & Ophir Circulation - - - - 200,000 Trf Capital 63750 - Playground Maintenance - - - - -
Trf Capital 63770 - McKnight Analysis - - - - -
Trf Capital 63970 - East Main Improvements - - - - -
Trf Capital 63820 - Matson Creek Phase I - - - - 150,000 Trf Capital 63840 - WM/S/C Ped Impvmets - - - - -
Trf Capital 63870 - GVTIF Update - - 15,244 - -
Trf Capital 63360 - Wolf Creek Trail - - - - -
$ - - 587,002 546,836 1,850,000
City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Developer Impact Fee Fund (Fund 206)
Capital Expenditure Detail

Item # 11.

City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Developer Impact Fee Fund (Fund 206)
Actual Actual Preliminary Estimated Prelim, Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Fund Balances
Reserve for Parking In Lieu 75,152 $ 89,670 79,533 - -
Reserve for Local Circulation 471,951 471,951 - - -
Reserve for Local Drainage 279,872 290,463 300,903 308,248 8,248 Reserve for Police Services 45,736 35,085 42,926 46,031 46,031 Reserve for Fire Services 101,592 12,225 20,071 26,264 26,264 Reserve for Admin / General Facilties 71,759 79,004 81,606 31,514 31,514 Reserve for Regional Circulation 801,177 516,181 465,803 - - Reserve for Regional Drainage 153,994 153,994 153,994 153,994 3,994 Reserve for Parks and Recreation 266,011 303,943 50,526 70,470 70,470 Reserve for SMA Map Act Fees 39,292 39,292 - - -
Reserve for GVTIF 1,261,370 1,314,670 1,472,529 1,501,498 101,498 Reserve for GVTIF Administration 27,407 27,936 14,271 14,561 14,561 Reserve for Glenbrook Basin 5,032 6,761 10,765 11,084 11,084 Reserve for Glenbrook Basin Administration 268 268 268 268 268 Reserve for McKnight Recapture 15,958 15,958 15,958 15,958 15,958 Unobligated Fund Balance (Mkt Val Adj) (136,513) (146,572) (95,090) (20,090) 54,910 $ 3,480,058 3,210,829 2,614,063 2,159,800 384,800
Fund Balance Detail

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Transfers In - General Fund - $ - - - -
Transfers In - Measure N Fund - - - - -
Other Revenues - Surplus Sales 131,249 14,585 4,995 46,085 - Vehicle Abatement Funding - - - 24,926 -
Interest Earnings 12 190 340 300 1,200
$ 131,261 14,775 5,335 71,311 1,200
Expenditures:

Capital Outlay - Vehicle Replacement - $ 110,842 - 28,346 - Towing Expenditures - - - 7,021 -
Vehicle Lease Expenses 31,476 36,556 28,346 13,000 13,000 $ 31,476 147,398 28,346 41,346 13,000
Excess (deficit) of revenues over expenditures 99,785 $ (132,623) (23,011) 29,965 (11,800) Beginning Fund Balance 70,494 $ 170,279 37,656 14,645 44,610 Ending Fund Balance $ 170,279 37,656 14,645 44,610 32,810 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Vehicle Replacement Fund (Fund 225)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Other Revenues - $ - - - -
Interest Earnings 316 418 1,987 2,500 2,500
$ 316 418 1,987 2,500 2,500
Expenditures:

Park Expenditures - $ - - - -
$ - - - - -
Excess (deficit) of revenues over expenditures 316 $ 418 1,987 2,500 2,500 Beginning Fund Balance 101,409 $ 101,725 102,143 104,130 106,630 Ending Fund Balance $ 101,725 102,143 104,130 106,630 109,130 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
E. Daniels Park Fund (Fund 450)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Other Revenues $ - - - - -
Interest Earnings 3 22 38 - -
$ 3 22 38 - -
Expenditures:

Police Expenditures $ - 4,895 - 2,183 -
Trf to Capital - 63420 - City Hall / GVPS Security - - - - - $ - 4,895 - 2,183 -
Excess (deficit) of revenues over expenditures $ 3 (4,873) 38 (2,183) - Beginning Fund Balance $ 7,015 7,018 2,145 2,183 -
Ending Fund Balance $ 7,018 2,145 2,183 - -
City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Animal Shelter Fund (Fund 451)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

ATP Grant - - - 100,000 1,240,000
Misc. Intergovernmental Revenue - - 499,118 - -
RSTP Funding 240,000 150,000 - 300,000 300,000
HSIP Funding - - - 60,000 325,000
Miscellaneous Grants 532,645 - 50,590 170,000 750,000
CARES Act Funding 158,846 - 1,533,049 - -
CDBG Federal Grant / Program Income - 2,416,473 1,071,122 135,247 - CMAQ / SRF / HBSP Grant Revenues 457,846 21,719 102,973 96,663 10,000 CSRAA Funding - - - - -
General Expense Reimbursements 5,146 3,506 3,528 7,200 - General Fund Direct Funding (Mill St Ped Plz) - - 176,841 - - General Fund Reserve Funding (Fuel Stn) - - 398,142 - - Transfers In - General Fund 192,326 45,501 53,572 20,000 85,000 Transfer In - Measure E Fund 916,780 1,445,911 1,711,222 884,602 6,080,000 Transfer In - Gas Tax Fund 631,620 187,005 963,999 496,813 994,164 Transfers In - Mitigation Fee Fund - - 571,758 545,836 1,850,000 Transfers In - Spl Proj Fund 1,324,385 688,038 3,938,705 360,000 3,000,000 Transfers In - Water Fund 29,650 - 700,000 50,000 -
Transfers In - Sewer Fund 29,650 - - - -
CDBG Funding 366,094 393,906 - - -
4,884,988 5,352,059 11,774,619 3,226,361 14,634,164
City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Capital Projects Fund (Fund 300)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Capital Projects Fund (Fund 300)
Capital Projects Expenditures:

Undistributed Capital - 34,222 - - -
61100 - Storm Drain Plan - - - - 300,000
61220 - 2009 Street Maintenance Projects 122,296 11,631 148,363 170,000 100,000 61330 - Annual Street Rehabilitation 783,426 714,156 888,702 683,000 300,000 61360 - Annual Storm Drain Maintenance 46,379 23,518 36,159 20,000 50,000 61380 - COVID-19 Expenditures 156,214 - - - -
61390 - PSPS Grant Projects 43,324 3,938 398,142 - -
61400 - ARPA Expenditures 4,559 112,637 - - -
61420 - Pavement Mmgt Plan 1,699 - - - -
61430 - Financial System Replacement 163,124 - - - -
61450 - Memorial Park Pool Renovation 10,048 5,548 (1,476) - - 61460 - Infrastructure Needs Assessment - - 13,005 30,000 62610 - NCTC Planning 5,707 3,701 3,667 7,200 -
62620 - GVTIF Update - - 4,408
66301 - Condon / Scotten Field - - 3,093,695 - -
XXXX - Sierra College Field - - - - -
63260 - Storm Damage / Repairs 206,259 13,794 - - -
63270 - Peabody Creek Restoration 53,415 - - - -
63280 - 2021 Winter Storm Damage - 514,362 205,791 - -
63300 - Main Street Resealing - - - - 300,000
63350 - Wolf Creek Trail Project Study Report 49,129 109,144 112,211 10,288 - 63370 - Condon Connector 461,327 - - - -
63440 - Mill Streert Parking Lot 4,189 5,600 10,137 545,836 154,164 63450 - McCourtney Road Ped Imp 2,004 - 346 100,000 940,000 63451 - Bennett & Ophir Circulation - - - - 200,000
63452 - Centennial Drive Realignment - - - - 1,200,000
XXXX - S Auburn / Colfax Roundabout - - - - 300,000
XXXX - Magenta Drain Restoration - - - - 20,000
XXXX - S. Auburn Street Renovation - - - - 1,800,000
63630 - Annual Sidewalk Repairs / Maintenance 4,324 374 13,999 31,813 20,000 XXXX - Condon Skate Park Replacement - - - - 750,000
63750 - Playground Maintenance Projects 162 - - - 35,000 XXXX - Bennett Street Bridge - - - - 115,000
63820 - Maston Creek Phase I - - - - 150,000
63850 - Measure E Street Rehabilitation 806,290 9,636 178,587 50,000 1,800,000 63900 - Aerial Survey Update 39,959 7,993 - - -
64140 - Meas. E Park Projects 60,016 47,008 44,841 10,000 2,850,000 64150 - CDBG Memorial Park Facility Impv 366,094 3,553,714 1,868,003 28,000 - 66005 - Mill Street Pedestrian Plaza 2,030 575,421 4,816,521 910,000 - 66007 - HSIP Improvements - 2,611 729 60,000 250,000
66006 - Slate Creek Drainage - 243,014 - - -
XXXXX - Parks Projects to be Determined - - - - 3,000,000 3,391,974 5,992,022 11,835,830 2,656,137 14,634,164
Excess (deficit) of revenues over expenditures 1,493,014 (639,963) (61,211) 570,224 - Beginning Fund Balance (1,444,793) 48,221 (591,742) (652,953) (82,729) Ending Fund Balance 48,221 (591,742) (652,953) (82,729) (82,729)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Intergovernmental Revenue $ - 404,523 1,950,000 - -
RTMF Reimbursements 124,000 307,666 356,808 32,793 32,793 Debt Proceeds - Parks Projects - 6,003,493 -
ARPA Funding - 1,533,049 - - -
Interest Earnings 5,038 24,094 34,668 150,000 150,000
$ 129,038 8,272,825 2,341,476 182,793 182,793
Expenditures:

Streets Materials Costs $ - 35,828 - - -
Purchase of Property - - - - -
Captial Outlay - Parking Lot Construction - - - - -
Trf to Capital - XXXX - Sierra College Field - - - - -
Trf to Capital - TBD Parks Projects - - - - 3,000,000
Trf to Capital 64140 - Condon / Scotten Turf - - 3,093,695 - - Trf to Capital 63260 - Storm Damage Repairs 1,320,196 - - - - Trf to Capital 66005 - Mill Street Ped Plaza - 575,421 845,010 360,000 - Trf to Capital 61400 - ARPA Expenditures - 112,617 - - - Trf to Capital 63440 - Mill Street Parking Lot 4,189 - - - - $ 1,324,385 723,866 3,938,705 360,000 3,000,000
Excess (deficit) of revenues over expenditures $ (1,195,347) 7,548,959 (1,597,229) (177,207) (2,817,207) Beginning Fund Balance $ 1,657,532 462,185 8,011,144 6,413,915 6,236,708 Ending Fund Balance $ 462,185 8,011,144 6,413,915 6,236,708 3,419,501 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Special Projects Fund (Fund 310)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Assessments 24,702 $ 24,840 26,121 29,100 30,032
Interest Earnings 159 (441) 197 500 500
$ 24,861 24,399 26,318 29,600 30,532
Expenditures:

Personal Services 534 $ 697 1,083 1,750 482
Operating Materials - - - - -
Utilities 13,128 12,848 9,613 12,000 10,500
Outside Services 7,476 5,940 7,898 10,000 48,400
Other Expenditures 241 249 248 249 250
$ 21,379 19,734 18,842 23,999 59,632
Excess (deficit) of revenues over expenditures 3,482 $ 4,665 7,476 5,601 (29,100) Beginning Fund Balance 35,068 $ 38,550 43,215 50,691 56,292 Ending Fund Balance $ 38,550 43,215 50,691 56,292 27,192 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Whispering Pines Improvement District - L&L Fund (Fund 210)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Assessments 5,628 $ 5,694 7,487 6,550 6,760
Interest Earnings 46 (94) 41 100 100
$ 5,674 5,600 7,528 6,650 6,860
Expenditures:

Personal Services 622 $ 394 475 500 350
Operating Materials - - - - -
Utilities 1,834 2,319 2,056 2,500 2,600
Outside Services 15,020 850 300 300 10,080
Other Expenditures 226 226 225 226 230
$ 17,702 3,789 3,056 3,526 13,260
Excess (deficit) of revenues over expenditures (12,028) $ 1,811 4,472 3,124 (6,400) Beginning Fund Balance 17,450 $ 5,422 7,233 11,705 14,829 Ending Fund Balance $ 5,422 7,233 11,705 14,829 8,429
City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Litton Business Park Improvement District - L&L Fund (Fund 211)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2023-24
Revenues:

Assessments 24,475 $ 24,799 25,470 28,416 29,322
Interest Earnings 97 (214) 49 400 600
$ 24,572 24,585 25,519 28,816 29,922
Expenditures:

Personal Services 346 $ 395 475 750 337
Operating Materials - - - - -
Utilities 8,015 9,354 8,353 10,000 9,580
Outside Services 11,463 7,441 5,278 5,000 46,800
Other Expenditures 201 210 228 228 230
$ 20,025 17,400 14,334 15,978 56,947
Excess (deficit) of revenues over expenditures 4,547 $ 7,185 11,185 12,838 (27,025) Beginning Fund Balance 15,837 $ 20,384 27,569 38,754 51,592 Ending Fund Balance $ 20,384 27,569 38,754 51,592 24,567 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Morgan Ranch Improvement District - L&L Fund (Fund 212)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Assessments 3,127 $ 3,100 3,200 3,390 3,666
Interest Earnings 16 (62) 51 25 -
$ 3,143 3,038 3,251 3,415 3,666
Expenditures:

Personal Services 1,238 $ 885 812 750 140
Operating Materials - - - - -
Utilities 2,055 2,525 2,344 3,200 2,215
Outside Services 1,604 1,452 1,846 1,250 1,200
Other Expenditures 201 210 201 201 111
$ 5,098 5,072 5,203 5,401 3,666
Excess (deficit) of revenues over expenditures (1,955) $ (2,034) (1,952) (1,986) - Beginning Fund Balance 7,946 $ 5,991 3,957 2,005 19
Ending Fund Balance $ 5,991 3,957 2,005 19 19
City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Ventana Sierra Improvement District (Fund 213)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Assessments 3,768 $ 3,917 4,234 4,448 4,488
State Reimbursements - Other 17,717 - - - -
Interest Earnings 39 (77) 80 - -
$ 21,524 3,840 4,314 4,448 4,488
Expenditures:

Personal Services 848 $ 298 211 225 200
Operating Materials - - - - -
Utilities 1,021 1,228 1,083 1,250 800
Outside Services 1,554 6,742 9,205 - 300
Other Expenditures 228 210 201 201 180
$ 3,651 8,478 10,700 1,676 1,480
Excess (deficit) of revenues over expenditures 17,873 $ (4,638) (6,386) 2,772 3,008

Beginning Fund Balance (10,079) $ 7,794 3,156 (3,230) (458) Ending Fund Balance $ 7,794 3,156 (3,230) (458) 2,550
City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Scotia Pines Improvement District (Fund 214)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Assessments 1,200 $ 480 480 480 480
Interest Earnings 53 (238) 114 180 250
$ 1,253 242 594 660 730
Expenditures:

Personal Services 401 $ 592 318 600 265
Operating Materials - - - - -
Utilities - - - - -
Outside Services 20 - - - 15,000
Other Expenditures 212 210 212 212 215
$ 633 802 530 812 15,480
Excess (deficit) of revenues over expenditures 620 $ (560) 64 (152) (14,750) Beginning Fund Balance 18,705 $ 19,325 18,765 18,829 18,677 Ending Fund Balance $ 19,325 18,765 18,829 18,677 3,927 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Morgan Ranch 2003-1 Improvement District - MA (Fund 215)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Assessments 1,200 $ 750 750 750 750
Interest Earnings 28 (135) 63 175 200
$ 1,228 615 813 925 950
Expenditures:

Personal Services 401 $ 592 330 500 275
Operating Materials - - - - -
Utilities - - - - -
Outside Services 20 - - - 7,260
Other Expenditures 213 213 213 213 215
$ 634 805 543 713 7,750
Excess (deficit) of revenues over expenditures 594 $ (190) 270 212 (6,800) Beginning Fund Balance 10,277 $ 10,871 10,681 10,951 11,163 Ending Fund Balance $ 10,871 10,681 10,951 11,163 4,363 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Morgan Ranch West BAD (Fund 216)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Assessments 500 $ 500 500 500 500
Interest Earnings 28 (103) 49 80 80
$ 528 397 549 580 580
Expenditures:

Personal Services 267 $ 392 426 350 200
Operating Materials - - - - -
Utilities 100 129 129 200 170
Outside Services 20 - - - 7,500
Other Expenditures 213 213 213 213 230
$ 600 734 768 763 8,100
Excess (deficit) of revenues over expenditures (72) $ (337) (219) (183) (7,520) Beginning Fund Balance 8,353 $ 8,281 7,944 7,725 7,542
Ending Fund Balance $ 8,281 7,944 7,725 7,542 22
City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Morgan Ranch West Improvement District - L&L (Fund 217)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Assessments 9,268 $ 9,144 8,000 8,000 8,370
Interest Earnings 72 (201) 158 100 -
$ 9,340 8,943 8,158 8,100 8,370
Expenditures:

Personal Services 797 $ 782 428 1,050 290
Operating Materials - - - - -
Utilities 720 640 565 600 550
Outside Services 6,994 6,336 16,677 7,000 7,500
Other Expenditures 219 219 219 219 230
$ 8,730 7,977 17,889 8,869 8,570
Excess (deficit) of revenues over expenditures 610 $ 966 (9,731) (769) (200) Beginning Fund Balance 17,058 $ 17,668 18,634 8,903 8,134 Ending Fund Balance $ 17,668 18,634 8,903 8,134 7,934
City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Ridge Meadows Improvement District - L&L (Fund 218)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Assessments 4,052 $ 1,850 700 700 700
Interest Earnings 55 (181) 82 150 -
$ 4,107 1,669 782 850 700
Expenditures:

Personal Services 613 $ 789 539 650 285
Operating Materials - - - - -
Utilities - - - - -
Outside Services 20 - - - 7,700
Other Expenditures 219 219 219 219 215
$ 852 1,008 758 869 8,200
Excess (deficit) of revenues over expenditures 3,255 $ 661 24 (19) (7,500) Beginning Fund Balance 11,079 $ 14,334 14,995 15,019 15,000 Ending Fund Balance $ 14,334 14,995 15,019 15,000 7,500 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Ridge Meadows BAD (Fund 219)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Downtown Assessments 59,200 $ 56,362 60,109 62,250 62,000 Interest Earnings 89 (427) 88 1,000 1,000
$ 59,289 55,935 60,197 63,250 63,000
Expenditures:

DTA Community Contribution 66,821 $ 50,000 - 60,000 100,000 Other Expenditures - - - - -
$ 66,821 50,000 - 60,000 100,000
Excess (deficit) of revenues over expenditures (7,532) $ 5,935 60,197 3,250 (37,000) Beginning Fund Balance 24,722 $ 17,190 23,125 83,322 86,572 Ending Fund Balance $ 17,190 23,125 83,322 86,572 49,572 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Downtown Assessment District Fund (Fund 770)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

RPTTF Revenue 785,096 $ 317,185 723,269 570,176 570,176 Other Revenues 10,000 47,507 41,745 10,000 10,000
Interest Earnings 14,752 3,413 8,491 7,000 6,000
Proceeds from Debt - Net - - - - -
Transfer In from RORF Housing Fund - - - - -
$ 809,848 368,105 773,505 587,176 586,176
Expenditures:

Personal Services 61,935 $ 82,415 83,228 35,000 35,000
Non-Personal Services 9,118 22,187 13,471 15,000 15,000 Debt Payments 1,022,060 1,019,153 5,258,609 595,890 595,490 Transfer to Speical Projects Fund (ROPS Ob.) - - - - -
$ 1,093,113 1,123,755 5,355,308 645,890 645,490
Excess (deficit) of revenues over expenditures (283,265) $ (755,650) (4,581,803) (58,714) (59,314) Beginning Fund Balance 6,367,056 $ 6,083,791 5,328,141 746,338 687,624 Ending Fund Balance $ 6,083,791 5,328,141 746,338 687,624 628,310 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Grass Valley Successor Agency Fund (Fund 780)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Program Income Revenues 29,536 $ - 112,314 - -
Interest Earnings / Accrued Interest 3,177 32,713 32,713 32,713 32,713 $ 32,713 32,713 145,027 32,713 32,713
Expenditures:

Loans Provided - $ - - - -
Administrative Expenses - - - - -
$ - - - - -
Excess (deficit) of revenues over expenditures 32,713 $ 32,713 145,027 32,713 32,713 Program Income / Cash Balance: $ - - 112,314 112,314 112,314 Loan Receivable Balance: $ 4,290,378 4,323,091 4,243,490 4,276,203 4,308,916 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
02-HOME-0586 Fund (Fund 230)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Grant Revenues - $ - - - -
Loan Payoffs 56,000 63,430 150,000 - -
Interest Earnings / Accrued Interest 11,576 6,733 27,123 4,452 4,452 $ 67,576 70,163 177,123 4,452 4,452
Expenditures:

Loans Provided - $ - - - -
Administrative Expenses - - - - -
$ - - - - -
Excess (deficit) of revenues over expenditures 67,576 $ 70,163 177,123 4,452 4,452 Program Income / Cash Balance: $ - 550,261 719,795 719,795 719,795 Loan Receivable Balance: $ 337,798 278,688 140,088 144,540 148,992 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
09-HOME-6272 Fund (Fund 231)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Grant Revenues - $ - - - -
Loan Payoffs - 140,774 - - -
Interest Earnings / Accrued Interest 10,334 8,885 6,569 6,569 6,569 $ 10,334 149,659 6,569 6,569 6,569
Expenditures:

Loans Provided - $ - - - -
Administrative Costs 15 - - - -
Transfers Out to Other Funds - 149,659 - - -
$ 15 149,659 - - -
Excess (deficit) of revenues over expenditures 10,319 $ - 6,569 6,569 6,569 Program Income / Cash Balance: $ - - - - -
Loan Receivable Balance: $ 406,559 265,785 272,354 278,923 285,492 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
12-HOME-8564 Fund (Fund 232)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Grant Revenues - $ - - - -
Recapture / Re-Use Fees / Loan Payoffs 57,238 7,114 75,000 - - Transfers In 19,544 - - -
Interest Earnings / Accrued Interest 48,403 10,117 9,860 33,792 33,792 $ 105,641 36,775 84,860 33,792 33,792
Expenditures:

Loans Provided - $ - - - -
Transfers Out - - - - -
Administrative Expenses 14,855 29,305 8,945 5,370 5,500 $ 14,855 29,305 8,945 5,370 5,500
Excess (deficit) of revenues over expenditures 90,786 $ 7,470 75,915 28,422 28,292 Program Income / Cash Balance: $ 1,095 - (8,945) (14,315) (19,815) Loan Receivable Balance: $ 812,364 817,728 741,813 775,605 809,397 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
HOME Grant Fund (Fund 233)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Grant Revenues - $ - - - -
Loans Paid Off 100,405 - - - -
Transfers In 379,374 -
Interest Earnings / Accrued Interest 35,749 1,108 1,646 1,646 1,646 $ 515,528 1,108 1,646 1,646 1,646
Expenditures:

Loans Provided - $ 75,000 - - -
Transfers Out - 440,625 - - -
Bad Debt Expense - - - - -
Administrative Expenses - 3 - - -
$ - 515,628 - - -
Excess (deficit) of revenues over expenditures 515,528 $ (514,520) 1,646 1,646 1,646 Program Income / Cash Balance: $ 515,628 - - - -
Loan Receivable Balance: $ 312,109 388,217 389,863 391,509 393,155 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
99-HOME-0369 Fund (Fund 234)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Grant Revenues - $ - - - -
Loan Payoffs - - - - -
Transfers In - - - - -
Interest Earnings / Accrued Interest 48,184 48,184 48,184 48,184 48,184 $ 48,184 48,184 48,184 48,184 48,184
Expenditures:

Loans Provided - $ - - - -
Transfers Out - - - - -
Bad Debt Expense - - - - -
Administrative Expenses - - - - -
$ - - - - -
Excess (deficit) of revenues over expenditures 48,184 $ 48,184 48,184 48,184 48,184 Program Income / Cash Balance: $ - - - - -
Loan Receivable Balance: $ 1,778,985 1,827,169 1,875,353 1,923,537 1,971,721 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
00-HOME-0461 Fund (Fund 235)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Grant Revenues - $ - - - 425,000
Loan Payoffs - - - - -
Transfers In - 78,824 - - -
Interest Earnings / Accrued Interest - - 1,500 1,500 1,500 $ - 78,824 1,500 1,500 426,500
Expenditures:

Loans Provided - $ 75,000 - - 400,000
Transfers Out - - - - -
Bad Debt Expense - - - - -
Administrative Expenses 3,824 3,824 - - 25,000
$ 3,824 78,824 - - 425,000
Excess (deficit) of revenues over expenditures (3,824) $ - 1,500 1,500 1,500 Program Income / Cash Balance: $ (3,824) - - - -
Loan Receivable Balance: $ - 75,234 76,734 78,234 479,734 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
00-HOME-14968 Fund (Fund 236)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Grant Revenues - $ - - - -
Loan Payoffs 321 198,375 300 300 300
Transfers In - - - - -
Interest Earnings / Accrued Interest 879 4,629 800 800 800 $ 1,200 203,004 1,100 1,100 1,100
Expenditures:

Loans Provided - $ - - - -
Transfers Out 1,984 166,734 - - -
Bad Debt Expense - - - - -
Administrative Expenses 312 36,270 286 286 286
$ 2,296 203,004 286 286 286
Excess (deficit) of revenues over expenditures (1,096) $ - 814 814 814 Program Income / Cash Balance: $ - - 814 1,628 2,442
Loan Receivable Balance: $ 270,508 72,133 71,833 71,533 71,233 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
04-STBG-1960 Fund (Fund 240)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Grant Revenues - $ - - - -
Loan Payoffs - - - - -
Transfers In - 361,580 - - -
Interest Earnings / Accrued Interest - (4,553) 3,774 350 350 $ - 357,027 3,774 350 350
Expenditures:

Loans Provided - - - -
Transfers Out - $ 394,948 - 116,790 -
Bad Debt Expense - - - - -
Administrative Expenses - 7,277 4,826 5,000 350
$ - 402,225 4,826 121,790 350
Excess (deficit) of revenues over expenditures - $ (45,198) (1,052) (121,440) - Program Income / Cash Balance: $ 166,438 122,492 121,440 - - Loan Receivable Balance: $ - - - - -
City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
CDBG Fund (Fund 241)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Grant Revenues - $ - - - -
Loan Payoffs - 361,985 - - -
Transfers In - - - - -
Interest Earnings / Accrued Interest 3,945 2,650 1,720 1,720 1,720 $ 3,945 364,635 1,720 1,720 1,720
Expenditures:

Loans Provided - $ - - - -
Transfers Out 69,349 178,840 - 1,232 -
Bad Debt Expense - 187,441 - - -
Administrative Expenses 988 430 264 264 264
$ 70,337 366,711 264 1,496 264
Excess (deficit) of revenues over expenditures (66,392) $ (2,076) 1,456 224 1,456 Program Income / Cash Balance: $ 1,041 - 616 - 616
Loan Receivable Balance: $ 539,379 177,393 178,233 179,073 179,913 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
CDBG Revolving Fund (Fund 242)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Grant Revenues - $ - - - -
Loan Payoffs 65,147 16,053 - - -
Transfers In - - - - -
Interest Earnings / Accrued Interest 3,004 - - - -
$ 68,151 16,053 - - -
Expenditures:

Loans Provided - $ - - - -
Transfers Out 231,477 - - - -
Bad Debt Expense - - - - -
Administrative Expenses 208 16,053 - - -
$ 231,685 16,053 - - -
Excess (deficit) of revenues over expenditures (163,534) $ - - - - Program Income / Cash Balance: $ 161 - - - -
Loan Receivable Balance: $ 117,551 101,498 101,498 101,498 101,498 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
CDBG Revolving Loan Fund (Fund 243)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Grant Revenues - $ - - - -
Loan Payoffs 52,857 - - - -
Transfers In - - - - -
Interest Earnings / Accrued Interest - - - - -
$ 52,857 - - - -
Expenditures:

Loans Provided - $ - - - -
Transfers Out 68,857 - - - -
Bad Debt Expense - 4,203 - - -
Administrative Expenses - - - - -
$ 68,857 4,203 - - -
Excess (deficit) of revenues over expenditures (16,000) $ (4,203) - - - Program Income / Cash Balance: $ - - - - -
Loan Receivable Balance: $ 4,203 - - - -
City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
CDBG Housing Fund (Fund 244)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Grant Revenues - $ - - - -
Loan Payoffs - - - - -
Transfers In - - - - -
Interest Earnings / Accrued Interest - - - - -
$ - - - - -
Expenditures:

Loans Provided - $ - - - -
Transfers Out - - - - -
Bad Debt Expense - 37 - - -
Administrative Expenses - - - - -
$ - 37 - - -
Excess (deficit) of revenues over expenditures - $ (37) - - - Program Income / Cash Balance: $ - - - - -
Loan Receivable Balance: $ 37 - - - -
City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
86-STBG-217 Fund (Fund 245)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Grant Revenues - $ - - - -
Loan Payoffs 49,250 - - - -
Transfers In - - - - -
Interest Earnings / Accrued Interest 176 - - - -
$ 49,426 - - - -
Expenditures:

Loans Provided - $ - - - -
Transfers Out 50,497 - - - -
Bad Debt Expense - - - - -
Administrative Expenses - - - - -
$ 50,497 - - - -
Excess (deficit) of revenues over expenditures (1,071) $ - - - - Program Income / Cash Balance: $ - - - - -
Loan Receivable Balance: $ - - - - -
City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
91-STBG-467 Fund (Fund 246)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Grant Revenues - $ - - - -
Loan Payoffs 2,582 2,437 2,730 2,800 2,870
Transfers In - - - - -
Interest Earnings / Accrued Interest 730 599 582 512 442 $ 3,312 3,036 3,312 3,312 3,312
Expenditures:

Loans Provided - $ - - - -
Transfers Out 6,304 2,816 - 6,144 -
Bad Debt Expense - - - - -
Administrative Expenses 240 220 240 240 240
$ 6,544 3,036 240 6,384 240
Excess (deficit) of revenues over expenditures (3,232) $ - 3,072 (3,072) 3,072 Program Income / Cash Balance: $ - - 3,072 - 3,072
Loan Receivable Balance: $ 22,919 20,482 17,752 14,952 12,082 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
95-STBG-897 Fund (Fund 247)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Grant Revenues - $ - - - -
Loan Payoffs 70,571 - - - -
Transfers In - - - - -
Interest Earnings / Accrued Interest 979 - - - -
$ 71,550 - - - -
Expenditures:

Loans Provided - $ - - - -
Transfers Out - - - - -
Bad Debt Expense - - - - -
Administrative Expenses - - - - -
$ - - - - -
Excess (deficit) of revenues over expenditures 71,550 $ - - - - Program Income / Cash Balance: $ - - - - -
Loan Receivable Balance: $ - - - - -
City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
97-STBG-1118 Fund (Fund 248)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Grant Revenues - $ - - - -
Loan Payoffs - - - - -
Transfers In - - - - -
Interest Earnings / Accrued Interest - - - - -
$ - - - - -
Expenditures:

Loans Provided - $ - - - -
Transfers Out - - - - -
Bad Debt Expense - - - - -
Administrative Expenses - - - - -
$ - - - - -
Excess (deficit) of revenues over expenditures - $ - - - - Program Income / Cash Balance: $ - - - - -
Loan Receivable Balance: $ 110,000 110,000 110,000 110,000 110,000 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
99-STBG-1362 Fund (Fund 249)

Item # 11.
.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Grant Revenues - $ - - - -
Loan Payoffs 3,285 3,318 3,352 3,386 3,420
Transfers In - - - - -
Interest Earnings / Accrued Interest 234 201 167 133 99 $ 3,519 3,519 3,519 3,519 3,519
Expenditures:

Loans Provided - $ - - - -
Transfers Out 6,783 3,327 - 6,624 -
Bad Debt Expense - - - - -
Administrative Expenses 191 192 207 207 207
$ 6,974 3,519 207 6,831 207
Excess (deficit) of revenues over expenditures (3,455) $ - 3,312 (3,312) 3,312 Program Income / Cash Balance: $ - - 3,312 - 3,312
Loan Receivable Balance: $ 37,231 33,914 30,562 27,176 23,756 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
CDBG Doris Drive Fund (Fund 250)

Item # 11.

Actual Actual Preliminary Estimated Proposed Budget
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenues:

Grant Revenues - $ - - - -
Loan Payoffs 2,957 2,849 4,524 - -
Transfers In - - - - -
Interest Earnings / Accrued Interest 7,098 7,206 7,117 7,104 7,104 $ 10,055 10,055 11,641 7,104 7,104
Expenditures:

Loans Provided - $ - - - -
Transfers Out 19,854 9,863 - 4,457 -
Bad Debt Expense - - - - -
Administrative Expenses 192 192 80 - -
$ 20,046 10,055 80 4,457 -
Excess (deficit) of revenues over expenditures (9,991) $ - 11,561 2,647 7,104 Program Income / Cash Balance: $ - - 4,457 - -
Loan Receivable Balance: $ 356,944 354,096 356,676 363,780 370,884 City of Grass Valley
Fiscal Year 2024-25 Proposed Budget
Housing Rehab Fund (Fund 251)

Item # 11.

City of Grass Valley
City Council
Agenda Action Sheet
Title: Appropriations Limit for Fiscal Year 2024-25
CEQA: Not a project.

Recommendation: It is recommended that the City Council approve Resolution No. 2024-53 establishing the Appropriations Limit for the City of Grass Valley for the Fiscal Year 2024-25.

Prepared by: Andy Heath
Council Meeting Date: 06/25/2024 Date Prepared: 06/19/2024 Agenda: Consent

Discussion:

Each year the City is required to adopt an appropriations limit by resolution. The limit is based on the 1978-79 appropriations “base” adjusted each year by allowed factors.

Under Proposition 111, there are two options available for each of the major adjustment factors. For the price factor, the City can elect to use the percent growth in State per capita personal income or the percent change in assessed valuation in new non-residential construction. For the population factor, the City can elect to use either the percent growth in County population or the percent growth in City population.

For the population factor, the factor used by the City is the percent growth in County population of -0.30 percent. For the price factor, staff has used the percentage change in State per capita income (3.62%) to calculate the limitation, resulting in a price factor of 1.0331.

The population and price factors are multiplied together for a combined factor of

1.0331. The combined factor when applied to the FY 2023-24 limit of $28,177,456 determines the FY 2024-25 limit of $29,110,130.

Based on the City’s FY 2024-25 Proposed Budget, the City is expected to be well under its spending limit by $5,640,043.

COUNCIL GOALS / OBJECTIVES

Item # 12.

Establishing the FY 2024-25 Appropriations Limit executes portions of the work tasks towards achieving / maintaining the Strategic Plan goal to maintain a HighPerformance Government and Quality Service.

FISCAL IMPACT
None.

CEQA
Not a Project.

Attachments - Appropriations Limit Calculation
Resolution
REVIEWED BY:
____ City Manager

Item # 12.

RESOLUTION NO. 2024-53

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRASS

VALLEY ESTABLISHING THE APPROPRIATIONS LIMIT FOR THE
CITY OF GRASS VALLEY FOR THE FISCAL YEAR 2024-25

PURSUANT TO ARTICLE XIII B OF THE CALIFORNIA
CONSTITUTION.

WHEREAS, Article XIII B of the California Constitution (Proposition 4) provides for an annual appropriations limit for state and local governments beginning with the 1980- 81 fiscal year, based on 1978-79 appropriations, as adjusted for the changes in the cost of living or per capita personal income, population and other specified factors, and WHEREAS, implementing legislation which became effective January 1, 1981, provides that each year the governing body of each local jurisdiction shall, by resolution, establish its appropriations limit for the year pursuant to Article XIII B at a regularly scheduled meeting or noticed special meeting; and
WHEREAS, documentation used in determination of the Fiscal Year 2024-25 appropriations limit has been available to the public prior to City Council’s determination in this matter as required by Government Code Section 7910.

NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Grass Valley, as follows:

1. That the foregoing statements are true and correct.

2. That the appropriations limit for the City of Grass Valley for the Fiscal Year 2023-24 pursuant to Article XIII B of the California Constitution is established at $29,110,130.

3. That the factors used to calculate the Fiscal Year 2024-25 appropriations limit are the percentage change in the population of Nevada County of

0.9970 times the percentage change in California per capita income of

1.0362 for a total factor of 1.0331 applied to the Fiscal Year 2023-24 established limit of $28,177,456.

ADOPTED as a Resolution of the Council of the City of Grass Valley at a meeting thereof held on the 25th day of June, 2024, by the following vote:

AYES: Council Member
NOES: Council Member
ABSENT: Council Member
ABSTAINING: Council Member

Item # 12.
____________________________________
Jan Arbuckle, Mayor

ATTEST:
____________________________________
Taylor Whittingslow, City Clerk
APPROVAL AS TO FORM:
____________________________________
Michael Colantuono, City Attorney

Item # 12.

CITY OF GRASS VALLEY

HISTORY OF APPROPRIATIONS LIMITS
FISCAL YEAR 2024-25 BUDGET
1978-79 BASE:

TOTAL APPROPRIATIONS $5,436,250
LESS NON-PROCEEDS OF TAXES 3,260,107
---------------------------
1978-79 APPROPRIATIONS BASE 2,176,143
1979-80 LIMIT NOT APPLICABLE
1980-81 LIMIT 2,728,883
1981-82 LIMIT 3,149,749
1982-83 LIMIT 3,525,514
1983-84 LIMIT 3,710,562
1984-85 LIMIT 4,153,974
1985-86 LIMIT 4,405,705
1986-87 LIMIT 4,602,640
1987-88 LIMIT 4,901,812
1988-89 LIMIT 5,094,453
1989-90 LIMIT 5,532,576
1990-91 LIMIT 6,112,580
1991-92 LIMIT 6,631,725
1992-93 LIMIT 6,839,298
1993-94 LIMIT 7,173,056
1994-95 LIMIT 7,352,382
1995-96 LIMIT 7,934,247
1996-97 LIMIT 8,405,264
1997-98 LIMIT 8,797,587
1998-99 LIMIT 9,272,657
1999-00 LIMIT 10,045,524
2000-01 LIMIT 10,634,192
2001-02 LIMIT 12,636,442
2002-03 LIMIT 12,670,584
2003-04 LIMIT 12,994,386
2004-05 LIMIT 13,576,534
2005-06 LIMIT 15,143,267
2006-07 LIMIT 15,685,396
2007-08 LIMIT 16,392,807
2008-09 LIMIT 17,320,640
2009-10 LIMIT 17,329,300
2010-11 LIMIT 16,805,955
2011-12 LIMIT 17,301,791
2012-13 LIMIT 17,815,654
2013-14 LIMIT 18,720,689
2014-15 LIMIT 18,686,992
2015-16 LIMIT 19,486,795
2016-17 LIMIT 20,546,877
2017-18 LIMIT 21,352,315
2018-19 LIMIT 22,257,653
2019-20 LIMIT 23,087,863
2020-21 LIMIT 24,020,613
2021-22 LIMIT 25,320,128
2022-23 LIMIT 27,049,492
2023-24 LIMIT 28,177,456
2024-25 LIMIT 29,110,130
THE 2022-23 LIMIT IS CALCULATED BY MULTIPYING THE POPULATION FACTOR FOR NEVADA COUNTY OF -0.26 PERCENT TIMES THE PERCENTAGE CHANGE IN CALIFORNIA PER CAPITA INCOME OF 1.0444 FOR A TOTAL CALCULATION FACTOR OF 1.0417.

THE 2022-23 LIMIT TIMES THE CALCULATION FACTOR DETERMINES THE 2023-24 LIMIT.

APPROPRIATIONS IN THE 2024-25 PROPOSED BUDGET THAT ARE SUBJECT TO THE LIMITATION HAVE BEEN CALCULATED TO BE: $23,470,087

Item # 12.