Irwindale City Council
March 12, 2025

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66

CITY OF IRWINDALE, CALIFORNIA
Schedules of Proportationate Share of Net Pension Liability As of June 30, for the Last Ten Fiscal Years
Proportionate Share Plan's Fiduciary
Proportion of the Proportionate of the Net Pension Net Position as a Reporting Date 1 Net Pension Share of Net Liability as a % of % of the Total as of June 30, Liability Pension Liability Covered Payroll Covered Payroll Pension Liability 2024 0.0350% $ 4,368,276 $ 6,242,919 70.0% 77.4%
2023 0.0662% 3,097,284 5,673,204 54.6% 76.7%
2022 -0.2918% (5,540,165) 4,918,304 -112.6% 88.3%
2021 0.0220% 926,142 5,041,489 18.4% 75.3%
2020 0.9522% 3,813,222 4,553,394 83.7% 75.3%
2019 0.1579% 5,950,032 4,292,439 138.6% 75.3%
2018 0.2452% 9,666,931 3,946,594 244.9% 73.3%
2017 0.2365% 8,216,929 3,660,664 224.5% 74.1%
2016 0.2186% 5,996,900 3,567,161 168.1% 69.7%
2015 0.2261% 5,588,070 3,363,343 166.1% 155.3%
2024 0.0529% $ 5,837,427 $ 3,152,778 185.2% 74.9%
2023 0.0644% 4,423,471 2,993,007 147.8% 75.5%
2022 -0.1100% (3,859,183) 2,706,167 -142.6% 86.6%
2021 0.0367% 2,447,637 3,177,983 77.0% 73.1%
2020 0.0773% 4,823,965 3,041,816 158.6% 75.3%
2019 0.1202% 7,049,987 2,782,130 253.4% 75.3%
2018 0.1790% 10,693,035 2,676,103 399.6% 73.3%
2017 0.1799% 9,315,683 2,616,364 356.1% 74.1%
2016 0.1752% 7,217,544 2,350,221 307.1% 78.3%
2015 0.1633% 6,216,449 2,186,973 284.2% 81.0%
Notes to Schedule of Proportionate Share of the Net Pension Liability:
1 The proportions and proportionate share of the net pension liability are measured as of one year behind the reporting date. Refer to notes to basic financial statements.

Miscellaneous Plan
Safety Plan
Benefit Changes : None
Changes of Assumptions : None
67

CITY OF IRWINDALE, CALIFORNIA
Schedule of Changes in Net Pension Liability and Related Ratios Retirement Enhancement Plan
As of June 30, for the Last Ten Fiscal Years
2024 2023 2022 2021
Measurement Date 6/30/2023 6/30/2022 6/30/2021 6/30/2020

TOTAL PENSION LIABILITY
Service cost $ 172,162 $ 167,473 $ 194,559 $ 189,132
Interest on total pension liability 858,785 810,800 787,629 725,646 Changes of benefit terms 511,571 - - 537,402
Changes of assumptions (108,162) - - -
Benefit payments, including refunds of employee
contributions (690,572) (660,885) (564,348) (515,133)
Net change in total pension liability 340,375 720,797 417,840 937,047 Total pension liability-beginning 12,169,430 12,890,227 11,751,590 10,814,543 Total pension liability-ending (a) 13,230,602 12,890,227 12,169,430 11,751,590

PLAN FIDUCIARY NET POSITION
Contributions-employer 830,835 677,982 744,770 555,300
Contributions-employee 21,902 23,177 23,593 20,711
Net investment income 1,160,185 711,487 (1,339,397) 1,970,350 Benefit payments, including refunds of employee
contributions (690,572) (660,885) (564,348) (515,133)
Administrative expense (17,007) (15,921) (16,803) (15,451) Net change in fiduciary net position 1,305,343 735,840 (1,152,185) 2,015,777 Plan fiduciary net position-beginning 8,415,910 9,151,750 9,568,095 7,552,318 Plan fiduciary net position-ending (b) 10,457,093 9,151,750 8,415,910 9,568,095 Net pension liability/(asset) (a) - (b) 2,773,509 $ 3,738,477 $ 3,753,520 $ 2,183,495 $ Plan fiduciary net position as a percentage of the
total pension liability 79.0% 71.0% 69.2% 81.4%
Covered payroll $ 2,843,160 2,894,008 $ 2,806,290 $ $ 2,968,567 Plan net pension liability/(asset) as a percentage of
covered payroll 95.8% 131.5% 133.8% 73.6%
Notes to Schedule of Changes in the Net Pension Liability and Related Ratios:

Benefit Changes : None
Changes of Assumptions : None
68

2020 2019 2018 2017 2016 2015
6/30/2019 6/30/2018 6/30/2017 6/30/2016 6/30/2015 6/30/2014 $ 191,206 $ 186,089 $ 200,039 $ 194,213 $ 224,310 $ 217,777 702,559 650,863 654,683 673,221 684,249 660,087
- 920,946 - (544, - 681) -
- (415,843) 192,042 408,409 - -
(583,078) (579,586) (691,543) (858,176) (578,327) (546,713) 310,687 762,469 (343, 571,588 330,232 381) 331,151
10,503,856 9,741,387 9,169,799 9,513,180 9,182,948 8,851,797 10, 10,814,543 9, 503,856 9,169,799 741,387 9, 9,182,948 513,180 559,051 488,197 546,242 248,061 524,910 469,394
21,063 26,751 38,549 10,587 30,941 32,711
183,556 477,852 522,018 757,582 (60,544) 172,592
(583,078) (579,586) (691,543) (858,176) (578,327) (546,713) (14,380) (54,670) (51,768) (26,690) (13,193) (14,360)
166,212 358,544 131,364 363,498 (96,213) 113,624
7,386,106 7,027,562 6,664,064 6,532,700 6,628,913 6,515,289 7, 7,552,318 7, 386,106 6,664,064 027,562 6, 6,628,913 532,700 $ 3, 3,262,225 $ 2, 117,750 $ 2,505,735 713,825 $ 2, $ 2,554,035 980,480 $

69.8% 70.3% 72.1% 72.7% 68.7% 72.2%
$ 2,921,452 $ 2,923,962 $ 3,039,766 $ 2,951,229 $ 2,865,271 $ 3,300,942 111.7% 106.6% 89.3% 84.9% 104.0% 77.4%
69

CITY OF IRWINDALE, CALIFORNIA
Schedule of Changes in Net OPEB Liability and Related Ratios As of June 30, for the Last Ten Fiscal Years 1
2024 2023 2022 2021
Measurement Date 6/30/2023 6/30/2022 6/30/2021 6/30/2020

TOTAL OPEB LIABILITY
Service cost $ 431,129 $ 397,382 $ 335,912 $ 326,922
Interest on total pension liability 1,356,696 1,317,498 1,245,976 1,173,720 Changes of benefit terms - - - -
Changes of assumptions 1,258,101 567,051 1,167,269 -
Difference between expected and actual experience 1,286,029 252,667 - (181,919) Benefit payments, including refunds of employee
contributions (1,022,838) (995,332) (816,052) (763,891) Net change in total OPEB liability 3,309,117 1,286,599 2,185,772 554,832 Total OPEB liability-beginning 21,104,070 19,817,471 17,631,699 17,076,867 Total OPEB liability-ending (a) 24,413,187 21,104,070 19,817,471 17,631,699

PLAN FIDUCIARY NET POSITION
Contributions-employer 1,284,810 995,332 816,052 763,891 Contributions-employee - - - -
Investment (1,352,519) - 1,080,004 (176,501)
Net investment income 377,318 453,390 368,889 356,450
Benefit payments, including refunds of employee
contributions (1,022,838) (995,332) (816,052) (763,891) Administrative expense (1,691) (1,701) (1,994) (2,488)
Net change in fiduciary net position 637,599 (900,830) 1,446,899 177,461 Plan fiduciary net position-beginning 6,717,741 5,816,911 5,270,842 5,093,381 Plan fiduciary net position-ending (b) 6,454,510 5,816,911 6,717,741 5,270,842 Net OPEB liability/(asset) (a) - (b) 17,958,677 $ 15,287,159 $ 13,099,730 $ 12,360,857 $ Plan fiduciary net position as a percentage of the
total OPEB liability 26.4% 27.6% 33.9% 29.9%
Covered-employee payroll $ 8,666,212 9,994,388 $ 8,242,890 $ $ 7,845,408 Plan net OPEB liability/(asset) as a percentage of
covered-employee payroll 179.7% 176.4% 158.9% 157.6%
Notes to Schedule of Changes in the Net OPEB Liability and Related Ratios:
1 Fiscal year 2018 was the first year of GASB Statement No. 75 implementation; therefore only seven years are shown.

Benefit Changes : None
Changes of Assumptions : None
70

2020 2019 2018
6/30/2019 6/30/2018 6/30/2017
$ 275,083 $ 267,721 $ 260,556
997,849 970,201 945,602
- - -
- - -
- 2,100,844 -
(837,754) (846,449) (877,377)
2,536,022 391,473 328,781
14,540,845 14,149,372 13,820,591
17,076,867 14,540,845 14,149,372
887,754 846,449 1,150,227
- - -
(41,091) 42,524 -
334,298 308,311 408,831
(837,754) (846,449) (877,377)
(1,018) (8,182) (2,078)
342,189 342,653 679,603
4,751,192 4,408,539 3,728,936
4, 5,093,381 4,408,539 751,192
$ 11,983,486 $ 9,789,653 $ 9,740,833

29.8% 32.7% 31.2%
$ 7,565,795 $ 6,545,334 $ 6,509,959
158.4% 149.6% 149.6%
71

CITY OF IRWINDALE, CALIFORNIA
Schedules of Plan Contributions
As of June 30, for the Last Ten Fiscal Years
Covered/ Contribution as a
Fiscal Year Actuarially Actual Contribution Covered- % of Covered/ Ending Determined Employer Deficiency Employee Covered Employee June 30, Contribution Contributions (Excess) Payroll Payroll 2024 $ 626,865 $ 736,241 $ (109,376) $ 6,694,804 11.0%
2023 633,848 680,736 (46,888) 6,242,919 10.9%
2022 586,048 814,904 (228,856) 5,673,204 14.4%
2021 524,235 673,395 (149,160) 4,918,304 13.7%
2020 481,070 4,089,313 (3,608,243) 5,041,489 81.1%
2019 425,569 3,866,108 (3,440,539) 4,553,394 84.9%
2018 719,281 4,116,032 (3,396,751) 4,292,439 95.9%
2017 610,791 610,791 - 3,946,594 15.5%
2016 541,695 541,695 - 3,660,664 14.8%
2015 421,414 421,414 - 3,567,161 11.8%
2024 $ 904,284 $ 941,052 $ (36,768) $ 3,728,501 25.2%
2023 839,298 891,350 (52,052) 3,152,778 28.3%
2022 827,065 1,141,996 (314,931) 2,993,007 38.2%
2021 734,338 965,453 (231,115) 2,706,167 35.7%
2020 700,216 4,091,973 (3,391,757) 3,177,983 128.8%
2019 647,217 4,206,678 (3,559,461) 3,041,816 138.3%
2018 1,010,881 4,614,130 (3,603,249) 2,782,130 165.8%
2017 895,256 895,256 - 2,676,103 33.5%
2016 813,764 813,764 - 2,616,364 31.1%
2015 702,231 702,231 - 2,350,221 29.9%
2024 $ 885,929 $ 830,835 $ 55,094 $ 2,894,008 28.7%
2023 696,408 677,982 18,426 2,843,160 23.8%
2022 747,485 744,770 2,715 2,806,290 26.5%
2021 596,891 555,300 41,591 2,968,567 18.7%
2020 604,091 559,051 45,040 2,921,452 19.1%
2019 498,568 488,197 10,371 2,923,962 16.7%
2018 517,055 546,242 (29,187) 3,039,766 18.0%
2017 428,931 248,061 180,870 2,951,229 8.4%
2016 484,020 524,910 (40,890) 2,865,271 18.3%
2015 469,394 469,394 - 3,300,942 14.2%
2024 $ 903,752 $ 1,284,810 $ (381,058) $ 10,423,305 12.3% 2023 898,714 898,714 - 9,994,388 9.0%
2022 790,028 790,028 - 8,666,212 9.1%
2021 816,052 816,052 - 8,242,890 9.9%
2020 763,891 763,891 - 7,845,408 9.7%
2019 887,754 887,754 - 7,565,795 11.7%
2018 870,790 870,790 - 6,545,334 13.3%
Retirement Enhancement Plan
Single Employer OPEB Plan
Miscellaneous Cost-Sharing, Multiple-Employer Pension Plan Safety Cost-Sharing, Multiple-Employer Pension Plan
72

CITY OF IRWINDALE, CALIFORNIA
Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget to Actual General Fund
For the Year Ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)

REVENUES
Taxes $ 20,829,250 $ 20,829,250 $ 24,366,202 $ 3,536,952 Licenses and permits 2,860,000 2,860,000 2,167,580 (692,420) Intergovernmental 42,000 42,000 142,036 100,036
Charges for services 1,723,200 1,723,200 2,300,716 577,516 Use of money and property 820,000 820,000 5,138,365 4,318,365 Fines and forfeitures 146,000 146,000 160,745 14,745
Contributions 43,000 43,000 56,411 13,411
Miscellaneous 1,214,840 1,215,420 1,797,519 582,099
Total revenues 27,678,290 27,678,870 36,129,574 8,450,704

EXPENDITURES
Current:

General government 8,411,382 8,736,704 8,068,035 668,669 Public safety 9,166,340 9,426,658 8,032,677 1,393,981
Community development 489,364 634,799 481,837 152,962
Parks and recreation 2,844,902 3,099,204 2,747,831 351,373 Public works 4,382,035 4,556,868 4,095,563 461,305
Capital outlay 430,759 1,039,966 799,432 240,534
Debt service:

Principal - - 67,126 (67,126)
Interest and fiscal charges - - 2,394 (2,394)
Total expenditures 25,724,782 27,494,198 24,294,895 3,199,303 Excess (deficiency) of revenues
over (under) expenditures 1,953,508 184,672 11,834,679 11,650,007

OTHER FINANCING SOURCES (USES)
Transfers in 1,862,170 1,862,170 1,943,719 81,549
Transfers out (3,738,078) (16,342,586) (6,652,367) 9,690,219 Subscription financing - - 110,274 110,274
Total other financing sources (uses) (1,875,908) (14,480,416) (4,598,374) 9,882,042 Net change in fund balances $ 77,600 $ (14,295,744) 7,236,305 $ 21,532,049 Fund balances (deficit)-beginning 55,158,439
Fund balances (deficit)-ending $ 62,394,744
73

CITY OF IRWINDALE, CALIFORNIA
Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget to Actual Housing Authority
For the Year Ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)

REVENUES
Use of money and property $ 25,400 $ 25,400 $ 355,841 $ 330,441 Miscellaneous - - 2,040 2,040
Total revenues 25,400 25,400 357,881 332,481

EXPENDITURES
Current:

Housing activities 542,860 726,347 433,689 292,658
Total expenditures 542,860 726,347 433,689 292,658
Net change in fund balances $ (517,460) $ (700,947) (75,808) $ 625,139 Fund balances (deficit)-beginning 16,887,718
Fund balances (deficit)-ending $ 16,811,910
74

CITY OF IRWINDALE, CALIFORNIA
Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget to Actual Mining Impact Fund
For the Year Ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)

REVENUES
Taxes $ 4,254,000 $ 4,254,000 $ 4,318,531 $ 64,531
Use of money and property 25,000 25,000 464,322 439,322 Miscellaneous - - 150,000 150,000
Total revenues 4,279,000 4,279,000 4,932,853 653,853

EXPENDITURES
Current:

General government 3,579,305 3,608,989 2,746,363 862,626 Community development 616,020 778,012 620,728 157,284
Public works 2,318,270 2,329,270 1,781,950 547,320
Capital outlay 6,160 218,483 191,932 26,551
Total expenditures 6,519,755 6,934,753 5,340,973 1,593,780 Excess (deficiency) of revenues
over (under) expenditures (2,240,755) (2,655,753) (408,120) 2,247,633

OTHER FINANCING SOURCES (USES)
Transfers out (486,970) (1,443,980) (92,474) 1,351,506
Total other financing sources (uses) (486,970) (1,443,980) (92,474) 1,351,506 Net change in fund balances $ (2,727,725) $ (4,099,733) (500,594) $ 3,599,139 Fund balances (deficit)-beginning 14,037,968
Fund balances (deficit)-ending $ 13,537,374
75

CITY OF IRWINDALE, CALIFORNIA
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2024
ASSETS
Cash and investments $ 11,186,017 $ 1,226,496 $ 839,280 $ 264,555 Receivables:

Accounts 375,468 61,207 - -
Taxes - - - 10,643
Accrued interest 62,721 6,187 3,085 1,219
Total assets 11,624,206 1,293,890 842,365 276,417

LIABILITIES
Accounts payable 884 4,733 58,865 -
Accrued liabilities - 3,543 - -
Unearned revenues - - - -
Due to other funds - - - -
Total liabilities 884 8,276 58,865 -

DEFERRED INFLOWS OF RESOURCES
Unavailable revenues - - - -
Total deferred inflows of resources - - - -

FUND BALANCES (DEFICITS)
Restricted
Public safety - - 783,500 -
Parks and recreation 358,754 - - -
Public works 11,623,322 910,166 - 276,417
General government - 16,694 - -
Total fund balances (deficits) 11,623,322 1,285,614 783,500 276,417 Total liabilities, deferred inflows of resources,
and fund balances (deficits) $ 11,624,206 $ 1,293,890 $ 842,365 $ 276,417 Special Revenue Funds
Reclamation AB939
Asset
Forfeiture State Gas Tax
76

CITY OF IRWINDALE, CALIFORNIA
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2024
ASSETS
Cash and investments
Receivables:

Accounts
Taxes
Accrued interest
Total assets

LIABILITIES
Accounts payable
Accrued liabilities
Unearned revenues
Due to other funds
Total liabilities

DEFERRED INFLOWS OF RESOURCES
Unavailable revenues
Total deferred inflows of resources

FUND BALANCES (DEFICITS)
Restricted
Public safety
Parks and recreation
Public works
General government
Total fund balances (deficits)
Total liabilities, deferred inflows of resources,
and fund balances (deficits)
(Continued)
$ 75,982 3,700 $ 39,572 $ $ 75,433
- 499 2,574 1,936
- - - -
410 13 138 338
76,392 4,212 42,284 77,707
3,388 - - -
- - - -
- - - -
- - - -
3,388 - - -
- - - -
- - - -
- - - -
- - - -
73,004 4,212 42,284 77,707
- - - -
73,004 4,212 42,284 77,707
$ 76,392 4,212 $ 42,284 $ 77,707 $
Special Revenue Funds
Air Quality
Improvement Proposition A Proposition C Measure R
77

CITY OF IRWINDALE, CALIFORNIA
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2024
ASSETS
Cash and investments
Receivables:

Accounts
Taxes
Accrued interest
Total assets

LIABILITIES
Accounts payable
Accrued liabilities
Unearned revenues
Due to other funds
Total liabilities

DEFERRED INFLOWS OF RESOURCES
Unavailable revenues
Total deferred inflows of resources

FUND BALANCES (DEFICITS)
Restricted
Public safety
Parks and recreation
Public works
General government
Total fund balances (deficits)
Total liabilities, deferred inflows of resources,
and fund balances (deficits)
$ 1,246 - $ 2,874,175 $ $ 268,407
- 29,645 - -
- - - -
- - - 1,385
1,246 29,645 2,874,175 269,792
- 1,432 - -
- - - -
- - 2,874,175 -
- 13,806 - -
- 15,238 2,874,175 -
- 370 - -
- 370 - -
- - - 269,792
- - - -
1,246 - - -
- 14,037 - -
1,246 14,037 - 269,792
$ 1,246 29,645 $ 2,874,175 $ $ 269,792
Federal
Grants
Community
Development
Block Grant State Grants COPS
Special Revenue Funds
78

CITY OF IRWINDALE, CALIFORNIA
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2024
ASSETS
Cash and investments
Receivables:

Accounts
Taxes
Accrued interest
Total assets

LIABILITIES
Accounts payable
Accrued liabilities
Unearned revenues
Due to other funds
Total liabilities

DEFERRED INFLOWS OF RESOURCES
Unavailable revenues
Total deferred inflows of resources

FUND BALANCES (DEFICITS)
Restricted
Public safety
Parks and recreation
Public works
General government
Total fund balances (deficits)
Total liabilities, deferred inflows of resources,
and fund balances (deficits)
(Continued)
$ 33,812 1,386 $ 1,373,731 $ $ 8,512,986
2,195 - - -
- - - -
117 7 6,702 39,426
36,124 1,393 1,380,433 8, 552,412
- - 69,494 -
- - - -
- - - -
- - - -
- - 69,494 -
- - - -
- - - -
- 1,393 - -
- - - -
36,124 - 1,310,939 8,552,412
- - - -
36,124 1,393 1,310,939 8, 552,412
$ 36,124 1,393 $ 1,380,433 $ 8,552,412 $
Asset
Forfeiture
State Fund Measure M
Safe Clean
Water Program
Development
Impact Fees
Special Revenue Funds
79

THIS PAGE INTENTIONALLY LEFT BLANK
80

CITY OF IRWINDALE, CALIFORNIA
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2024
ASSETS
Cash and investments
Receivables:

Accounts
Taxes
Accrued interest
Total assets

LIABILITIES
Accounts payable
Accrued liabilities
Unearned revenues
Due to other funds
Total liabilities

DEFERRED INFLOWS OF RESOURCES
Unavailable revenues
Total deferred inflows of resources

FUND BALANCES (DEFICITS)
Restricted
Public safety
Parks and recreation
Public works
General government
Total fund balances (deficits)
Total liabilities, deferred inflows of resources,
and fund balances (deficits)
Special
Revenue
Funds
Total
Nonmajor
Funds
$ 333,913 $ 27,110,691
3,000 476,524
- 10,643
- 121,748
27, 336,913 719,606
3,918 142,714
- 3,543
- 2,874,175
- 13,806
3, 3,918 034,238
- 370
370 -
- 1,054,685
332,995 691,749
- 22,907,833
- 30,731
24, 332,995 684,998
$ 27, 336,913 $ 719,606
Irwindale
Community
Foundation
81

CITY OF IRWINDALE, CALIFORNIA
Combining Statement of Revenues,
Expenditures, and Changes in Fund Balances
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes $ 360,650 - $ $ - $ -
Intergovernmental - 895,441 - 84,796
Charges for services - - - -
Use of money and property 359,962 35,506 17,673 6,994
Miscellaneous 2,079,954 - - -
Total revenues 2,439,916 396,156 913,114 91,790

EXPENDITURES
Current:

General government 8,522 2,392 - -
Public safety - 112,453 - -
Community development - - - -
Parks and recreation - - - -
Public works 88,351 246,913 - 3,431
Capital outlay - - 72,434 -
Total expenditures 96,873 249,305 184,887 3,431
Excess (deficiency) of revenues
over (under) expenditures 2,343,043 146,851 728,227 88,359

OTHER FINANCING SOURCES (USES)
Transfers in 8,522 - - -
Transfers out (1,943,719) - - (9,006)
Total other financing sources (uses) (1,935,197) - - (9,006) Net change in fund balances 407,846 146,851 728,227 79,353 Fund balances (deficit)-beginning 1,138,763 11,215,476 55,273 197,064 Fund balances (deficit)-ending $ 11,623,322 $ 1,285,614 $ 783,500 $ 276,417 Reclamation AB939
Asset
Forfeiture State Gas Tax
Special Revenue Funds
82

CITY OF IRWINDALE, CALIFORNIA
Combining Statement of Revenues,
Expenditures, and Changes in Fund Balances
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes
Intergovernmental
Charges for services
Use of money and property
Miscellaneous
Total revenues

EXPENDITURES
Current:

General government
Public safety
Community development
Parks and recreation
Public works
Capital outlay
Total expenditures
Excess (deficiency) of revenues
over (under) expenditures

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total other financing sources (uses)
Net change in fund balances
Fund balances (deficit)-beginning
Fund balances (deficit)-ending
(Continued)
$ 39,509 - $ - $ $ -
- 2,492 32,772 24,571
- - - -
2,337 62 795 1,928
- - - -
41,846 2,554 33,567 26,499
- - - -
- - - -
- - - -
- - - -
40,652 - - -
- - - -
40,652 - - -
1,194 2,554 33,567 26,499
- - - -
- - - -
- - - -
1,194 2,554 33,567 26,499
71,810 1,658 8,717 51,208
$ 73,004 4,212 $ 42,284 $ 77,707 $
Proposition C Measure R
Air Quality
Improvement Proposition A
Special Revenue Funds
83

CITY OF IRWINDALE, CALIFORNIA
Combining Statement of Revenues,
Expenditures, and Changes in Fund Balances
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes
Intergovernmental
Charges for services
Use of money and property
Miscellaneous
Total revenues

EXPENDITURES
Current:

General government
Public safety
Community development
Parks and recreation
Public works
Capital outlay
Total expenditures
Excess (deficiency) of revenues
over (under) expenditures

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total other financing sources (uses)
Net change in fund balances
Fund balances (deficit)-beginning
Fund balances (deficit)-ending
$ - - $ - $ $ -
8,450 133,420 818,902 186,159
- - - -
- - - 7,951
- - - -
8,450 133,420 818,902 194,110
- - - -
- 59,046 - -
- - 34,914 -
- - - -
8,450 - - -
- 11,990 9,941 121,886
8,450 71,036 44,855 121,886
- 62,384 774,047 72,224
- - - -
- - (571,665) -
- - (571,665) -
- 62,384 202,382 72,224
1,246 (48,347) (202,382) 197,568
$ 1,246 14,037 $ - $ 269,792 $
Federal
Grants
Community
Development
Block Grant State Grants COPS
Special Revenue Funds
84

CITY OF IRWINDALE, CALIFORNIA
Combining Statement of Revenues,
Expenditures, and Changes in Fund Balances
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes
Intergovernmental
Charges for services
Use of money and property
Miscellaneous
Total revenues

EXPENDITURES
Current:

General government
Public safety
Community development
Parks and recreation
Public works
Capital outlay
Total expenditures
Excess (deficiency) of revenues
over (under) expenditures

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total other financing sources (uses)
Net change in fund balances
Fund balances (deficit)-beginning
Fund balances (deficit)-ending
(Continued)
$ - - $ - $ $ -
27,746 - 415,346 -
- - - 4,054,930
666 41 38,201 226,266
- - - -
28,412 41 453,547 4,281,196
- - - -
- - - -
- - - -
- - - -
- - 209,552 -
- - - -
- - 209,552 -
28,412 41 243,995 4,281,196
- - - -
- - (57,118) -
- - (57,118) -
28,412 41 186,877 4,281,196
7,712 1,352 1,124,062 4,271,216
$ 36,124 1,393 $ 1,310,939 $ 8,552,412 $
Measure M
Safe Clean
Water Program
Development
Impact Fees
Asset
Forfeiture
State Fund
Special Revenue Funds
85

CITY OF IRWINDALE, CALIFORNIA
Combining Statement of Revenues,
Expenditures, and Changes in Fund Balances
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes
Intergovernmental
Charges for services
Use of money and property
Miscellaneous
Total revenues

EXPENDITURES
Current:

General government
Public safety
Community development
Parks and recreation
Public works
Capital outlay
Total expenditures
Excess (deficiency) of revenues
over (under) expenditures

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total other financing sources (uses)
Net change in fund balances
Fund balances (deficit)-beginning
Fund balances (deficit)-ending
Special
Revenue
Funds
Total
Nonmajor
Funds
$ - $ 400,159
- 2,630,095
- 4,054,930
- 698,382
266,537 2,346,491
10,130,057 266,537
- 10,914
- 171,499
- 34,914
233,220 233,220
- 597,349
- 216,251
1,264,147 233,220
8,865,910 33,317
- 8,522
- (2,581,508)
(2,572,986) -
6,292,924 33,317
299,678 18,392,074
$ 24,684,998 332,995 $
Irwindale
Community
Foundation
86

CITY OF IRWINDALE, CALIFORNIA
Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget to Actual Reclamation
For the Year Ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)

REVENUES
Use of money and property $ 20,500 $ 20,500 $ 359,962 $ 339,462 Miscellaneous 2,019,590 2,019,590 2,079,954 60,364
Total revenues 2,040,090 2,040,090 2,439,916 399,826

EXPENDITURES
Current:

General government 48,970 48,970 8,522 40,448
Public works 137,830 138,230 88,351 49,879
Total expenditures 186,800 187,200 96,873 90,327
Excess (deficiency) of revenues
over (under) expenditures 1,853,290 1,852,890 2,343,043 490,153

OTHER FINANCING SOURCES (USES)
Transfers in 48,970 48,970 8,522 (40,448)
Transfers out (1,862,170) (1,862,170) (1,943,719) (81,549) Total other financing sources (uses) (1,813,200) (1,813,200) (1,935,197) (121,997) Net change in fund balances $ 40,090 $ 39,690 407,846 $ 368,156 Fund balances (deficit)-beginning 11,215,476
Fund balances (deficit)-ending $ 11,623,322
87

CITY OF IRWINDALE, CALIFORNIA
Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget to Actual AB939
For the Year Ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)

REVENUES
Taxes $ 269,280 $ 269,280 $ 360,650 $ 91,370
Use of money and property 1,000 1,000 35,506 34,506
Total revenues 270,280 270,280 396,156 125,876

EXPENDITURES
Current:

General government 10,000 10,000 2,392 7,608
Public works 340,930 340,930 246,913 94,017
Total expenditures 350,930 350,930 249,305 101,625
Net change in fund balances $ (80,650) $ (80,650) 146,851 $ 227,501 Fund balances (deficit)-beginning 1,138,763
Fund balances (deficit)-ending $ 1,285,614
88

CITY OF IRWINDALE, CALIFORNIA
Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget to Actual Asset Forfeiture
For the Year Ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)

REVENUES
Intergovernmental $ - $ 895,441 $ 895,441 $ -
Use of money and property - 1,561 17,673 16,112
Total revenues - 897,002 913,114 16,112

EXPENDITURES
Current:

Public safety - 258,015 112,453 145,562
Capital outlay - 694,378 72,434 621,944
Total expenditures - 952,392 184,887 767,505
Net change in fund balances $ - $ (55,391) 728,227 $ 783,618 Fund balances (deficit)-beginning 55,273
Fund balances (deficit)-ending $ 783,500
89

CITY OF IRWINDALE, CALIFORNIA
Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget to Actual State Gas Tax
For the Year Ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)

REVENUES
Intergovernmental $ 85,045 $ 85,045 $ 84,796 $ (249)
Use of money and property - - 6,994 6,994
Total revenues 85,045 85,045 91,790 6,745

EXPENDITURES
Current:

Public works 3,600 3,600 3,431 169
Total expenditures 3,600 3,600 3,431 169
Excess (deficiency) of revenues
over (under) expenditures 81,445 81,445 88,359 6,914

OTHER FINANCING SOURCES (USES)
Transfers out (81,445) (191,603) (9,006) 182,597
Total other financing sources (uses) (81,445) (191,603) (9,006) 182,597 Net change in fund balances $ (110,158) - $ 79,353 $ 189,511 Fund balances (deficit)-beginning 197,064
Fund balances (deficit)-ending $ 276,417
90

CITY OF IRWINDALE, CALIFORNIA
Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget to Actual Air Quality Improvement
For the Year Ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)

REVENUES
Intergovernmental $ 750 $ 750 $ 2,492 $ 1,742
Use of money and property - - 62 62
Total revenues 750 750 2,554 1,804

EXPENDITURES
Capital outlay 750 750 - 750
Total expenditures 750 750 - 750
Net change in fund balances $ - $ - 2,554 $ 2,554
Fund balances (deficit)-beginning 1,658
Fund balances (deficit)-ending $ 4,212
91

CITY OF IRWINDALE, CALIFORNIA
Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget to Actual Proposition A
For the Year Ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)

REVENUES
Taxes $ 43,063 $ 43,063 $ 39,509 $ (3,554)
Use of money and property 50 50 2,337 2,287
Total revenues 43,113 43,113 41,846 (1,267)

EXPENDITURES
Current:

Public works 43,113 43,113 40,652 2,461
Total expenditures 43,113 43,113 40,652 2,461
Net change in fund balances $ - $ - 1,194 $ 1,194
Fund balances (deficit)-beginning 71,810
Fund balances (deficit)-ending $ 73,004
92

CITY OF IRWINDALE, CALIFORNIA
Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget to Actual Proposition C
For the Year Ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)

REVENUES
Intergovernmental $ 35,719 $ 35,719 $ 32,772 $ (2,947)
Use of money and property - - 795 795
Total revenues 35,719 35,719 33,567 (2,152)

OTHER FINANCING SOURCES (USES)
Transfers out (35,719) (35,719) - 35,719
Total other financing sources (uses) (35,719) (35,719) - 35,719 Net change in fund balances $ - $ - 33,567 $ 33,567
Fund balances (deficit)-beginning 8,717
Fund balances (deficit)-ending $ 42,284
93

CITY OF IRWINDALE, CALIFORNIA
Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget to Actual Measure R
For the Year Ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)

REVENUES
Intergovernmental $ 26,789 $ 26,789 $ 24,571 $ (2,218)
Use of money and property - - 1,928 1,928
Total revenues 26,789 26,789 26,499 (290)

OTHER FINANCING SOURCES (USES)
Transfers out (26,789) (26,789) - 26,789
Total other financing sources (uses) (26,789) (26,789) - 26,789 Net change in fund balances $ - $ - 26,499 $ 26,499
Fund balances (deficit)-beginning 51,208
Fund balances (deficit)-ending $ 77,707
94

CITY OF IRWINDALE, CALIFORNIA
Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget to Actual Federal Grants
For the Year Ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)

REVENUES
Intergovernmental $ 171,309 - $ $ 133,420 $ (37,889)
Total revenues 171,309 - 133,420 (37,889)

EXPENDITURES
Current:

Public safety - 150,096 59,046 91,050
Capital outlay - 12,000 11,990 10
Total expenditures 162,096 - 71,036 91,060
Net change in fund balances $ - $ 9,213 62,384 $ 53,171 Fund balances (deficit)-beginning (48,347)
Fund balances (deficit)-ending $ 14,037
95

CITY OF IRWINDALE, CALIFORNIA
Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget to Actual Community Development Block Grant
For the Year Ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)

REVENUES
Intergovernmental $ 8,450 $ 8,450 $ 8,450 $ -
Total revenues 8,450 8,450 8,450 -

EXPENDITURES
Current:

Public works 8,450 8,450 8,450 -
Total expenditures 8,450 8,450 8,450 -
Net change in fund balances $ - $ - - $ -
Fund balances (deficit)-beginning 1,246
Fund balances (deficit)-ending $ 1,246
96

CITY OF IRWINDALE, CALIFORNIA
Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget to Actual State Grants
For the Year Ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)

REVENUES
Intergovernmental $ - $ 533,949 $ 818,902 $ 284,953
Total revenues - 533,949 818,902 284,953

EXPENDITURES
Current:

Community development - 76,645 34,914 41,731
Public works - 40,000 - 40,000
Capital outlay - 215,000 9,941 205,059
Total expenditures - 331,645 44,855 286,790
Excess (deficiency) of revenues
over (under) expenditures - 202,304 774,047 571,743

OTHER FINANCING SOURCES (USES)
Transfers out - (3,445,840) (571,665) 2,874,175
Total other financing sources (uses) - (3,445,840) (571,665) 2,874,175 Net change in fund balances $ - $ (3,243,536) 202,382 $ 3,445,918 Fund balances (deficit)-beginning (202,382)
Fund balances (deficit)-ending $ -
97

CITY OF IRWINDALE, CALIFORNIA
Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget to Actual COPS
For the Year Ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)

REVENUES
Intergovernmental $ - $ 186,159 $ 186,159 $ -
Use of money and property - 3,019 7,951 4,932
Total revenues - 189,178 194,110 4,932

EXPENDITURES
Capital outlay - 383,727 121,886 261,841
Total expenditures - 383,727 121,886 261,841
Net change in fund balances $ - $ (194,549) 72,224 $ 266,773 Fund balances (deficit)-beginning 197,568
Fund balances (deficit)-ending $ 269,792
98

CITY OF IRWINDALE, CALIFORNIA
Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget to Actual Measure M
For the Year Ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)

REVENUES
Intergovernmental $ 30,361 $ 30,361 $ 27,746 $ (2,615)
Use of money and property - - 666 666
Total revenues 30,361 30,361 28,412 (1,949)
Excess (deficiency) of revenues
over (under) expenditures 30,361 30,361 28,412 (1,949)

OTHER FINANCING SOURCES (USES)
Transfers out (30,361) (30,361) - 30,361
Total other financing sources (uses) (30,361) (30,361) - 30,361 Net change in fund balances $ - $ - 28,412 $ 28,412
Fund balances (deficit)-beginning 7,712
Fund balances (deficit)-ending $ 36,124
99

CITY OF IRWINDALE, CALIFORNIA
Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget to Actual Safe Clean Water Program
For the Year Ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)

REVENUES
Intergovernmental $ 420,000 $ 420,000 $ 415,346 $ (4,654) Use of money and property - - 38,201 38,201
Total revenues 420,000 420,000 453,547 33,547

EXPENDITURES
Current:

Public works 227,000 251,858 209,552 42,306
Total expenditures 227,000 251,858 209,552 42,306
Excess (deficiency) of revenues
over (under) expenditures 193,000 168,142 243,995 75,853

OTHER FINANCING SOURCES (USES)
Transfers out (193,000) (1,047,563) (57,118) 990,445
Total other financing sources (uses) (193,000) (1,047,563) (57,118) 990,445 Net change in fund balances $ ( - $ 879,421) 186,877 $ 1,066,298 Fund balances (deficit)-beginning 1,124,062
Fund balances (deficit)-ending $ 1,310,939
100

CITY OF IRWINDALE, CALIFORNIA
Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget to Actual Development Impact Fees
For the Year Ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)

REVENUES
Charges for services $ 5,574,835 $ 5,574,835 $ 4,054,930 $ (1,519,905) Use of money and property 40,000 40,000 226,266 186,266 Total revenues 5,614,835 5,614,835 4,281,196 (1,333,639) Excess (deficiency) of revenues
over (under) expenditures 5,614,835 5,614,835 4,281,196 (1,333,639)

OTHER FINANCING SOURCES (USES)
Transfers out (849,575) (900,975) - 900,975
Total other financing sources (uses) (849,575) (900,975) 900,975 - Net change in fund balances $ 4,765,260 $ 4,713,860 4,281,196 $ (432,664) Fund balances (deficit)-beginning 4,271,216
Fund balances (deficit)-ending $ 8,552,412
101

CITY OF IRWINDALE, CALIFORNIA
Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget to Actual Capital Projects Fund
For the Year Ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)

REVENUES
Intergovernmental $ 184,000 $ 184,000 $ - $ (184,000)
Use of money and property 25,000 25,000 84,964 59,964
Miscellaneous - - 98,612 98,612
Total revenues 209,000 209,000 183,576 (25,424)

EXPENDITURES
Capital outlay 3,712,928 24,809,274 7,506,525 17,302,749 Total expenditures 3,712,928 24,809,274 7,506,525 17,302,749 Excess (deficiency) of revenues
over (under) expenditures (3,503,928) (24,600,274) (7,322,949) 17,277,325

OTHER FINANCING SOURCES (USES)
Transfers in 3,528,928 24,536,774 7,374,108 (17,162,666) Total other financing sources (uses) 3,528,928 24,536,774 7,374,108 (17,162,666) Net change in fund balances $ 25,000 $ (63,500) 51,159 $ 114,659 Fund balances-beginning 216,021
Fund balances (deficit)-ending $ 267,180
102

Total
Custodial
Funds
ASSETS
Pooled cash and investments $ 43,526 $ 345,279 $ 388,805 Receivables:

Accrued interest 221 1,679 1,900
Total assets 43,747 346,958 390,705

LIABILITIES
Accounts payable - 8,485 8,485
Total liabilities - 8,485 8,485

NET POSITION
Restricted for:

Restricted for individuals, organizations, and other governments 43,747 338,473 382,220 Total net position $ 43,747 $ 338,473 $ 382,220
Sewer
Maintenance
District

CITY OF IRWINDALE, CALIFORNIA
Combining Statement of Fiduciary Net Position
All Custodial Funds
For the Year Ended June 30, 2024
Street Lighting
District
103

Total
Custodial
Funds

ADDITIONS
Taxes 166,149 16,334 182,483
Interest and change in fair value of investments 1,268 9,635 10,903 Total additions 17,602 175,784 193,386

DEDUCTIONS
Administrative expenses 11,334 23,691 35,025
Contractual services - 118,490 118,490
Utilities - 4,180 4,180
Total deductions 142,181 15,514 157,695
Net increase (decrease) in fiduciary net position 2,088 33,603 35,691 Net position-beginning 304,870 41,659 346,529
Net position-ending $ 43,747 $ 338,473 $ 382,220

CITY OF IRWINDALE, CALIFORNIA
Combining Statement of Changes in Fiduciary Net Position All Custodial Funds
For the Year Ended June 30, 2024
Street
Lighting
District
Sewer
Maintenance
District
104

Statistical Section
The Statistical Section of the City of Irwindale’s Annual Comprehensive Financial Report presents detailed information as a context for understanding what the information in the financial statements, note disclosures, and required supplementary information says about the city’s overall financial health.

Financial Trends
These schedules contain trend information to help the reader understand how the City of Irwindale’s financial position has changed over time.

Table 1: Net Position by Component – Last Ten Fiscal Years Table 2: Changes in Net Position – Last Ten Fiscal Years Table 3: Fund Balances of Governmental Funds – Last Ten Fiscal Years Table 4: Changes in Fund Balances of Governmental Funds – Last Ten Fiscal Years Revenue Capacity
These schedules contain information to help the reader assess the factors affecting the City of Irwindale’s ability to generate revenues.

Table 5: Governmental Activities Tax Revenues By Source – Last Ten Fiscal Years Table 6: Mining Tax Revenues – Last Ten Fiscal Years
Table 7: Mining Tax Rates – Last Ten Fiscal Years
Table 8: Principal Mining Taxpayers – Current Year and Nine Years Ago Table 9: Assessed Value and Estimated Actual Value of Taxable Property – Last Ten Fiscal Years Table 10: Direct and Overlapping Property Tax Rates – Last Ten Fiscal Years Table 11: Principal Property Taxpayers – Current Year and Nine Years Ago Table 12: Property Tax Levies and Collections – Last Ten Fiscal Years Table 13: Taxable Sales by Category – Last Ten Fiscal Years Table 14: Top 25 Sales Tax Producers – Current Year and Nine Years Ago Debt Capacity
These schedules present information to help the reader assess City of Irwindale’s levels of outstanding debt and the City’s ability to issue additional debt in the future.

Table 15: Ratios of Outstanding Debt by Type – Last Ten Fiscal Years Table 16: Bonded Debt Pledged Revenue Coverage Successor Agency Tax Allocation Bonds – Last Ten Fiscal Years
Table 17: Direct and Overlapping Debt
Table 18: Legal Debt Margin Information – Last Ten Fiscal Years Demographic and Economic Information
These schedules offer demographic and economic indicators to help the reader understand the environment in which the City of Irwindale operates, and to help make comparisons over time and among other governments.

Table 19: Demographic and Economic Statistics – Last Ten Fiscal Years Table 20: Principal Employers – Current Year and Nine Years Ago Operating Information
These schedules contain information about the City of Irwindale’s operations and resources to help the reader understand how the City’s financial information relates to the services and activities it provides.

Table 21: Full-Time and Part-Time City Employees by Function – Last Ten Fiscal Years Table 22: Operating Indicators by Function – Last Ten Fiscal Years Table 23: Capital Asset Statistics by Function – Last Ten Fiscal Years Sources: Unless otherwise noted, the information in these schedules is derived from the Annual Comprehensive Financial Reports for each relevant year.
105

Table 1
(accrual basis of accounting)
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Governmental activities
Net Investment in capital assets 50,299,501 $ 49,794,671 $ 49,601,338 $ 51,120,018 $ 52,952,415 $ 56,824,870 $ 59,023,400 $ 58,531,808 $ 53,573,404 $ 56,720,326 $ Restricted 50,523,767 60,867,149 57,816,698 52,235,181 49,089,392 40,959,612 48,761,203 31,822,214 26,167,094 32,214,149Unrestricted 30,064,576 23,747,719 31,214,451 31,221,394 37,652,546 35,930,871 39,827,662 80,176,309 80,105,879 79,034,019 Total governmental activities net position 130,887,844 $ 134,409,539 $ 138,632,487 $ 134,576,593 $ 139,694,353 $ 133,715,353 $ 147,612,265 $ 170,530,331 $ 159,846,377 $ 167,968,494 $ City of IrwindaleNet Position by ComponentLast Ten Fiscal Years Fiscal Year Ended June 30,
106

Table 2
(accrual basis of accounting)
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
ExpensesGovernmental activities:

General government 7,629,859 $ 8,761,277 $ 13,737,232 $ 7,288,404 $ 8,340,672 $ 14,321,050 $ 10,317,742 $ 11,146,039 $ 13,708,689 $ 13,348,287 $ Public safety 5,718,022 5,837,909 6,360,040 7,104,410 7,444,547 8,821,671 8,814,208 170,074 14,987,378 11,226,109Community development - - - - - - - - - 1,147,420Public works 7,152,933 6,268,933 8,457,410 8,615,524 10,579,291 7,009,865 8,203,369 3,621,595 12,942,100 8,996,863Parks and recreation 1,853,463 1,879,106 2,775,633 2,147,371 1,672,481 1,941,613 2,462,513 706,365 5,611,869 4,067,859Housing activities - - - - - - - - - 1,969,591Interest on long-term debt 142,709 145,043 127,274 121,752 117,524 109,880 57,268 340 223 2,394 Total primary government expenses 22,496,986 $ 22,892,268 $ 31,457,589 $ 25,277,461 $ 28,154,515 $ 32,204,079 $ 29,855,100 $ 15,644,413 $ 47,250,259 $ 40,758,523 $ Program RevenuesGovernmental activities:

Charges for services:

General government - $ 400 $ - $ 994,225 $ 424,921 $ 380,424 $ 387,006 $ 166,908 $ 468,377 $ 495,419 $ Public safety 241,960 219,112 427,686 517,901 547,025 427,120 369,519 460,219 461,473 241,205Public works 1,004,298 780,947 1,627,920 2,851,874 2,067,126 3,351,914 4,956,452 5,630,565 7,747,984 8,315,153Parks and recreation 113,399 121,177 132,209 135,159 132,454 73,328 15,921 73,530 105,435 97,406 Operating grants and contributions 800,651 1,010,005 836,673 473,320 447,927 5,555,246 1,054,852 1,284,220 1,169,585 2,545,319Capital grants and contributions 196,263 290,685 4,897 3,290,793 5,460,370 1,362,431 1,581,613 2,248,038 2,118,916 2,479,451 Total primary government revenues 2,356,571 $ 2,422,326 $ 3,029,385 $ 8,263,272 $ 9,079,823 $ 11,150,463 $ 8,365,363 $ 9,863,480 $ 12,071,770 $ 14,173,953 $ Net Revenues (Expense)Total primary government net expense (20,140,415) $ (20,469,942) $ (28,428,204) $ (17,014,189) $ (19,074,692) $ (21,053,616) $ (21,489,737) $ (5,780,933) $ (35,178,489) $ (26,584,570) $ General Revenues and Other Changes in Net PositionGovernmental activities:

Taxes
Property 1,994,517 $ 2,166,117 $ 1,925,140 $ 2,257,962 $ 2,182,643 $ 1,924,401 $ 2,492,984 $ 2,937,893 $ 3,109,565 $ 2,975,587 $ Mining/processing 6,446,449 6,717,324 6,291,651 7,088,995 7,130,002 6,233,454 7,303,874 7,896,155 7,238,368 8,520,874Sales 3,882,558 3,691,820 3,937,691 4,220,157 4,527,677 4,065,292 8,501,430 8,456,734 8,490,434 8,871,432Utility Users 4,018,841 3,755,043 3,601,434 3,873,263 3,759,934 3,439,780 3,229,073 3,531,654 3,988,477 4,453,120Franchise 1,332,218 1,330,527 1,348,162 1,410,694 1,355,055 1,345,110 1,386,036 1,459,690 1,641,809 1,778,137Business licenses 983,323 1,151,728 1,234,886 1,236,833 1,513,989 1,433,490 1,419,423 1,669,546 1,748,055 2,296,812Other 376,131 345,301 426,282 413,519 363,873 412,270 573,085 632,183 645,882 - Motor vehicle in lieu 124,842 127,443 129,810 138,747 146,857 153,720 159,937 158,521 189,089 208,128Use of money and property 1,013,123 1,155,492 600,339 599,074 2,541,718 629,741 729,032 (1,985,618) 1,245,610 6,741,874Gain on sale of assets - 718,150 4,572,836 - - - - - - -Other 275,362 2,809,931 8,651,269 869,325 670,704 950,250 453,552 3,942,241 - 1,470,044 5,785,449 - - - - (5,512,892) 8,952,218 - - -
Total primary government 26,232,813 23,968,876 32,719,500 22,108,569 24,192,452 15,074,616 35,200,644 28,698,999 28,297,289 37,316,008Change in Net PositionTotal primary government 6,092,398 $ 3,498,934 $ 4,291,296 $ 5,094,380 $ 5,117,760 $ (5,979,000) $ 13,710,907 $ 22,918,066 $ (6,881,200) $ 10,731,438 $ * Per State Assembly Bill AB 1X26, redevelopment agencies in California were dissolved as of February 1, 2012. After this dissolution date, the assets and financial activities of the former Irwindale Community Redevelopment Agency are reported as a fiduciary fund in the financial statements of the City of Irwindale which serves as the Successor Agency to the Irwindale Community Redevelopment Agency.

City of IrwindaleChanges in Net PositionLast Ten Fiscal Years Extraordinary gain/(loss) on dissolution of redevelopment agency * Fiscal Year Ended June 30,
107

Table 3
Fund Balances of Governmental Funds
(modified accrual basis of accounting)
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
General fund
Nonspendable 11,013,366 $ 12,142,153 $ 9,181,943 $ 8,869,831 $ 5,971,949 $ 6,173,082 $ 6,178,270 $ 6,181,495 $ 6,283,069 $ 6,227,674 $ Restricted - - - - - - - - - -
Assigned 14,897,110 18,676,485 30,620,784 30,112,196 32,081,720 29,253,846 24,013,761 40,714,845 48,875,370 56,169,770 Unassigned - - - - - (329,443) 11,688,506 - - -
Total general fund 25,910,476 30,818,638 39,802,727 38,982,027 38,053,669 35,097,485 41,880,537 46,896,340 55,158,439 62,397,444 All other governmental funds
Nonspendable 13,401,152 $ - $ - $ - $ - $ - $ - $ 9,460,033 $ 9,452,193 9,524,383 Restricted:

Continuing Operations 19,226,187 - - - - - - - - -
Public safety 498,511 321,512 332,320 400,881 404,524 382,170 245,116 301,718 254,193 1,054,685 - - - - - - 21,724 179,918 512,049 691,749
Public works 27,031,968 - - 29,781,088 26,971,910 26,249,123 26,767,937 23,602,002 17,823,468 22,907,833 Capital projects - 30,375,656 30,621,096 - 2,909,411 107,456 56,072 125,582 216,021 267,180 Housing activities - 30,169,981 26,862,878 22,052,482 18,802,558 12,806,670 21,670,354 7,612,994 7,379,231 7,261,971 Debt service 915,964 - 404 730 989 243 - - - -
General government - - - - - - - - 53,093 30,731
Assigned - - - - 1,400,000 - - 5,231,975 14,094,262 13,562,930 Unassigned (4,805) (4,863) (180,356) (26,479) (1,446) (11,417) (80,164) (303,788) (250,729) - Total all other governmental funds 61,068,977 $ 60,862,286 $ 57,636,342 $ 52,208,702 $ 50,487,946 $ 39,534,245 $ 48,681,039 $ 46,210,434 $ 49,533,781 $ 55,301,462 $ Parks and recreation
City of Irwindale
Last Ten Fiscal Years
108

Table 4
Changes in Fund Balances of Governmental Funds
(modified accrual basis accounting)
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Revenues:

Taxes 19,479,493 $ 19,304,177 $ 18,654,064 $ 20,597,369 $ 20,432,581 $ 18,908,037 $ 24,890,696 $ 26,525,879 $ 26,987,502 $ 29,084,892 $ Licenses and permits 576,658 554,101 938,966 1,715,887 1,396,588 1,072,463 2,725,917 1,274,644 2,081,475 2,167,580 Intergovernmental 815,984 685,971 474,772 563,951 1,017,960 804,439 998,062 1,136,135 1,472,323 2,772,131 Charges for services 570,149 526,145 1,504,357 1,517,298 1,114,488 2,567,927 2,449,426 4,788,178 6,124,223 6,355,646 Use of money and property 1,013,123 1,155,492 599,476 599,361 2,685,365 2,019,171 729,032 (1,985,618) 1,554,058 6,741,874 Fines and forfeitures 212,850 193,467 243,812 305,749 326,981 204,280 137,662 186,362 175,433 160,745 Contributions 208,041 556,028 41,079 37,550 253,094 3,379,612 61,674 50,851 54,507 56,411 Miscellaneous 278,003 2,812,240 8,672,122 5,007,717 4,451,692 2,445,400 3,445,240 4,130,331 3,774,478 4,394,662 Total revenues 23,154,301 $ 25,787,621 $ 31,128,648 $ 30,344,882 $ 31,678,749 $ 31,401,329 $ 35,437,709 $ 36,106,762 $ 42,223,999 $ 51,733,941 $ Expenditures:

General government 7,459,738 $ 7,999,231 $ 13,525,715 $ 12,858,871 $ 9,197,821 $ 14,543,070 $ 9,134,721 $ 14,130,600 $ 9,510,967 $ 10,825,312 $ Public safety 5,552,325 5,702,613 5,780,504 9,915,262 9,740,120 10,467,471 6,996,871 8,003,715 8,546,526 8,204,176 Community development - - - - - - - - - 1,137,479
Parks and recreation 1,661,770 1,781,960 1,935,900 1,862,459 1,927,800 2,050,185 1,973,355 2,658,718 3,187,464 2,981,051 Public works 4,793,164 4,741,024 6,610,493 8,418,135 8,016,992 6,428,605 6,406,208 6,969,667 7,571,502 6,474,862 Housing activities 370,763 433,689
Capital outlay 2,429,246 987,916 1,490,419 2,927,419 3,510,263 5,669,393 3,514,216 1,833,134 1,504,855 8,714,140 Debt Service:

Principal 440,000 455,000 465,000 480,000 495,000 520,000 540,000 17,871 40,608 67,126 Interest and fiscal charges 145,356 136,556 135,308 131,076 126,996 119,598 71,786 340 223 2,394 Total expenditures 22,481,599 $ 21,804,300 $ 29,943,339 $ 36,593,222 $ 33,014,992 $ 39,798,322 $ 28,637,157 $ 33,614,045 $ 30,732,908 $ 38,840,229 $ Excess of revenues
over (under) expenditures 672,702 $ 3,983,321 $ 1,185,309 $ (6,248,340) $ (1,336,243) $ (8,396,993) $ 6,800,552 $ 2,492,717 $ 11,491,091 $ 12,893,712 $ Other financing sources (uses):

Transfers in 1,200,515 $ 3,909,009 $ 5,391,719 $ 3,006,609 $ 6,372,238 $ 5,523,924 $ 14,578,311 $ 2,975,755 $ 2,536,619 $ 9,326,349 $ Transfers out (1,200,515) (3,909,009) (5,391,719) (3,006,609) (6,372,238) (5,523,924) (14,578,311) (2,975,755) (2,536,619) (9,326,349) Lease financing - - - - - - - 52,481 - -
Subscription financing - - - - - - - - 94,355 110,274
Proceeds on sale of land held - 718,150 4,572,836 - 1,229,321 - - - - - Loss on sale of land held - - - - (2,542,192) (5,512,892) 8,952,218 - - - Bonds issued - - - - - - - - - -
Bond premium - - - - - - - - - -
Total other financing sources (uses) - $ 718,150 $ 4,572,836 $ - $ (1,312,871) $ (5,512,892) $ 8,952,218 $ 52,481 $ 94,355 $ 110,274 $ Extraordinary Gain/(Loss) * 5,785,449 - - - - - - - - - Net change in fund balances
before restatements 6,458,151 $ 4,701,471 $ 5,758,145 $ (6,248,340) $ (2,649,114) $ (13,909,885) $ 15,752,770 $ 2,545,198 $ 11,585,446 $ 13,003,986 $ Restatement of fund balances - - - - - - 177,076 - - -
Net change in fund balances,
after restatement 6,458,151 $ 4,701,471 $ 5,758,145 $ (6,248,340) $ (2,649,114) $ (13,909,885) $ 15,929,846 $ 2,545,198 $ 11,585,446 $ 13,003,986 $ Debt service as a percentage of 2.92% 2.84% 2.11% 1.82% 2.11% 1.87% 2.44% 0.06% 0.14% 0.23% noncapital expenditures **
*
City of Irwindale
Last Ten Fiscal Years
**
Per State Assembly Bill AB 1X26, redevelopment agencies in California were dissolved as of February 1, 2012. The assets and financial activities of the former Irwindale Community Redevelopment Agency are now reported as a fiduciary fund in the financial statements of the City of Irwindale which serves as the Successor Agency to the Irwindale Community Redevelopment Agency, which has resulted in these Extraordinary Gains/(Loss) amounts.

The amount of capital outlay used to calculate the ratio of total debt service expenditures to noncapital expenditures is based on the capital outlay amount in the government-wide statement, Reconciliation of the Statement of Revenues, Expenditures, and Changes to Fund Balances of Governmental Funds to the Statement of Activities 109

Table 5
(accrual basis of accounting)
Fiscal
Year
Ended Property Mining Sales Utility Users Other Total
June 30 Tax Tax Tax Tax Tax Taxes
2015 1,994,517 6,446,449 3,882,558 4,018,841 2,691,672 19,034,0372016 2,166,117 6,717,324 3,691,820 3,755,043 2,827,556 19,157,860 2017 1,926,393 6,291,651 3,937,691 3,601,434 3,009,330 18,766,499 2018 2,257,962 7,088,995 4,220,157 3,873,263 3,061,046 20,501,423 2019 2,182,643 7,130,002 4,527,677 3,759,934 3,232,917 20,833,173 2020 1,924,401 6,233,454 4,065,292 3,439,780 3,190,870 18,853,797 2021 2,492,984 7,303,874 8,501,430 3,229,073 3,378,544 24,905,905 2022 2,937,893 7,896,155 8,456,734 3,531,654 3,761,419 26,583,855 2023 3,109,565 7,238,368 8,490,434 3,988,477 4,035,746 26,862,590 2024 2,975,587 8,520,874 8,871,432 4,453,120 4,074,949 28,895,962 *
City of IrwindaleGovernmental Activities Tax Revenues By SourceLast Ten Fiscal Years Per State Assembly Bill AB 1X26, redevelopment agencies in California were dissolved as of February 1, 2012. After this dissolution date, the assets and financial activities of the former Irwindale Community Redevelopment Agency are reported as a fiduciary fund in the financial statements of the City of Irwindale, which serves as the Successor Agency to the Irwindale Community Redevelopment Agency. Fiscal Year 2012 reflects a partial year of tax increment revenue, as these funds discontinued after February 2012 to the dissolution of the redevelopment agency. Fiscal Year 2013 reflects the first full year without tax increment revenues. This amount includes property taxes, as well as taxes received by the County as residual revenue from the Successor Agency. 110

Table 6
(accrual basis of accounting)
Fiscal
Year Mining Impact Mining Impact Total
Ended Excavation Processing Excavation Processing Mining June 30 Tax Tax Tax Tax Taxes
2015 1,917,157 984,895 2,343,051 1,201,346 6,446,4492016 1,982,039 1,042,060 2,422,446 1,270,779 6,717,324 2017 1,857,818 979,163 2,260,579 1,194,091 6,291,651
2018 2,091,731 1,099,413 2,557,242 1,340,609 7,088,995
2019 2,097,535 1,112,120 2,564,302 1,356,045 7,130,002
2020 1,638,905 1,166,733 2,005,071 1,422,745 6,233,454
2021 1,919,450 1,368,957 2,346,581 1,668,886 7,303,875
2022 2,182,228 1,381,362 2,643,757 1,688,808 7,896,155
2023 1,865,013 1,394,361 2,279,897 1,699,097 7,238,368
2024 2,043,206 1,494,280 2,497,893 1,820,638 7,856,017
City of IrwindaleMining Tax Revenues Last Ten Fiscal Years Source: City of Irwindale Finance Department
111

Table 7
Fiscal Mining Impact Mining Impact
Year Excavation Processing Excavation Processing
Ended Tax Rate Tax Rate Tax Rate Tax Rate
June 30 (per ton) (per ton) (per ton) (per ton)
2015 0.2669 0.1335 0.3262 0.1628
2016 0.2770 0.1362 0.3327 0.1661
2017 0.2795 0.1399 0.3417 0.1706
2018 0.2907 0.1455 0.3554 0.1774
2019 0.3003 0.1503 0.3671 0.1833
2020 0.3024 0.1514 0.3697 0.1846
2021 0.3133 0.1569 0.3830 0.1912
2022 0.3381 0.1693 0.4133 0.2063
2023 0.3509 0.1757 0.4290 0.2141
2024 0.3646 0.1826 0.4457 0.2224
City of IrwindaleMining Tax RatesLast Ten Fiscal Years
Source: City of Irwindale Finance Department
112

Table 8
Current Year and Nine Years AgoJune 30, 2024
Percentage Percentage
of Total of Total
Mining Mining Tax Mining Mining Tax
Mining Operator Taxes Rank Revenue Taxes Rank Revenue
Vulcan Durbin/Reliance 2,847,001 1 36.2% 2,907,525 1 45.1% United Rock 2,581,680 2 32.9% 973,520 3 15.1%Martin Marietta (Hanson Aggregates) 2,249,335 3 28.6% 2,406,286 2 37.3%All American Asphalt 93,952 4 1.2% 70,914 4 1.1% Holliday Rock 45,029 6 0.6% 20,905 6 0.3%Peck Road Gravel Pit 39,019 5 0.5% 67,300 5 1.0% Totals 7,856,016 100.00% 6,446,450 100.00%
City of IrwindalePrincipal Mining Taxpayers
2024 2015
Source: City of Irwindale Finance Department
113

Table 9
Assessed Value and Estimated Actual Value of Taxable PropertyLast Ten Fiscal YearsCategory 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024Residential 51,209,692 53,803,730 55,306,155 59,483,148 64,644,891 69,211,895 73,390,420 75,465,668 81,573,035 84,677,978 Commercial 174,522,114 179,619,293 182,176,675 171,797,899 171,514,320 213,589,419 254,462,647 296,730,366 313,952,251 331,840,871 Industrial 1,428,571,157 1,454,273,793 1,480,939,609 1,615,507,741 1,692,091,506 1,839,178,802 1,864,686,637 1,644,090,819 1,743,848,647 1,896,015,694 Government Owned 498,217 508,170 515,919 526,237 536,761 547,495 558,444 564,228 575,512 587,022 Institutional 158,410 161,574 164,037 167,317 850,000 - - - - -Miscellaneous 7,804,466 7,806,464 7,795,215 7,764,046 7,781,738 7,829,920 7,830,569 7,790,995 7,820,554 7,949,352 Recreational 11,637,190 22,969,948 23,320,239 26,356,643 26,883,775 27,421,449 27,969,875 27,994,086 26,014,167 26,534,449 Vacant 63,402,720 69,052,434 78,577,829 81,698,273 81,100,375 79,272,843 85,240,244 151,734,585 364,066,540 387,520,986 SBE Nonunitary 7,427,946 7,071,026 7,071,526 7,071,526 7,071,526 7,071,526 7,171,072 7,191,072 7,191,072 7,191,072 Cross Reference 87,844,101 86,806,996 88,007,252 129,623,585 145,323,008 133,542,664 126,933,216 118,288,388 114,333,931 126,290,061 Unsecured 352,575,992 351,397,594 352,596,600 332,009,850 369,615,372 310,428,919 351,867,464 434,527,438 645,962,496 766,705,221 Exempt (43,339,793) (44,205,503) (43,526,869) (40,168,105) (37,440,651) (33,879,116) (33,779,664) (33,294,975) (33,161,488) (33,159,448) TOTALS 2,185,652,005 2,233,471,022 2,276,471,056 2,432,006,265 2,567,413,272 2,688,094,932 2,800,130,588 2,764,377,645 3,305,338,205 3,635,312,706 Total Direct Rate 0.11935% 0.11913% 0.11874% 0.11491% 0.11809% 0.11771% 0.11680% 0.11747% 0.11623% 0.11608% City of Irwindale
Source: HdL Coren & Cone ReportsNotes: In 1978 the voters of the State of California passed Proposition 13 which limited property taxes to a total maximum rate of 1% based upon the assessed value of the property being taxed. Each year, the assessed value of property may be increased by an "inflation factor" (limited to a maximum increase of 2%). With few exceptions, property is only reassessed as a result of new construction activity or at the time it is sold to a new owner. At that point, the property is reassessed based upon the added value of the construction or at the purchase price (market value) or economic value of the property sold. The assessed valuation data shown above represents the only data currently available with respect to actual market value of taxable property and is subject to the limitations described above 114

Table 10
Direct Rate
Fiscal
Year
Ended
General
Levy
Los
Angeles
County
School
Districts
Community
College
Water
District
2015 1.00000 0.00000 0.81082 0.07277 0.00350 1.887092016 1.00000 0.00000 0.89519 0.06507 0.00350 1.963762017 1.00000 0.00000 0.84665 0.07614 0.00350 1.926292018 1.00000 0.00000 0.92805 0.07348 0.00350 2.005032019 1.00000 0.00000 0.93819 0.07227 0.00350 2.013962020 1.00000 0.00000 0.91819 0.09525 0.00350 2.016942021 1.00000 0.00000 0.93974 0.07978 0.00350 2.023022022 1.00000 0.00000 0.93117 0.10966 0.00350 2.044332023 1.00000 0.00000 0.94054 0.10317 0.00350 2.047212024 1.00000 0.00000 0.875175 0.10388 0.00350 1.98256 Source: HdL Coren & Cone ReportsNotes: In 1978, California voters passed Proposition 13 which sets the property tax rate at 1.00% fixed amount. This 1.00% is shared by all taxing agencies for which the subject property resides within. In addition to the 1.00% fixed amount, property owners are charged taxes as a percentage of assessed property values for the payment of the various intergovernmental overlapping debt.

Overlapping Rates Total
Direct &
Overlapping
Rates
City of IrwindaleDirect and Overlapping Property Tax RatesLast Ten Fiscal Years 115

Table 11
Current Year and Nine Years AgoJune 30, 2024
Percentage of Percentage of
Taxable Total Taxable Taxable Total Taxable
Assessed Assessed Assessed Assessed
Property Owner Value Rank Value Value Rank Value
IBY Property Owner LLC 273,158,792 $ 1 7.50%IBY LLC 226,086,662 2 6.20%LIT Reliance II LP 197,676,000 3 5.42%Rexford Industrial 156,391,479 4 4.29%Crow Family Holdings Industrial 120,670,103 5 3.31% 102,264,661 $ 2 4.67% Kaiser 115,127,317 6 3.16%
BPP Pacific Indl Reit LA Reg 94,951,194 7 2.61%Huy Fong Irwindale LLC 76,184,485 8 2.09% 78,073,512 3 3.56% Biosense Webster Inc. 73,924,196 9 2.03%
Duke Realty 13131 LA Street LP 67,012,632 10 1.84%Unitek Corporation 37,853,674 7 1.73% Millercoors Inc./Miller Brewing Company 408,712,680 1 18.65% Hanson Aggregates West Inc. 37,506,467 8 1.71%
Metropolitan Life Insurance Company 54,338,980 4 2.48%LBA of CPT Industrial-CO III LLC 43,697,490 5 1.99%Ready Pac Produce Inc. 39,070,438 6 1.78%Davis Wire Corporation 36,802,962 9 1.68%Vulcan Materials Company 31,472,703 10 1.44% Totals 1,401,182,860 $ 38.45% 869,793,567 $ 39.70%
Source: HdL Coren & Cone Reports
2024 2015
City of IrwindalePrincipal Property Taxpayers
116

Table 12
City of IrwindaleProperty Tax Levies and CollectionsLast Ten Fiscal Years Fiscal
Year Collected In
Ended City Tax Amount Percentage Subsequent Percentage
June 30 Levy Collected of Levy Years Amount of Levy
2015 203,580 200,674 98.6% 1,269 201,943 99.2%
2016 203,800 202,034 99.1% NA 202,034 99.1%
2017 207,200 204,997 98.9% NA 204,997 98.9%
2018 212,230 209,975 98.9% NA 209,975 98.9%
2019 212,230 207,762 97.9% NA 207,762 97.9%
2020 212,240 210,165 99.0% NA 210,165 99.0%
2021 220,400 218,120 99.0% NA 218,120 99.0%
2022 232,570 230,104 98.9% NA 230,104 98.9%
2023 483,390 477,942 98.9% NA 477,942 98.9%
2024 241,673 238,793 98.8% NA 238,793 98.8%
NA - Information not available.Source: HdL Coren & Cone, City of Irwindale Finance Dept, and County of Los Angeles Office of Auditor-Controller Collected within the
Fiscal Year of the Levy Total Collections
117

Table 13
Last Ten Fiscal Years (in thousands of dollars)
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Apparel Stores 580 599 483 733 719 635 145 138 1,038 1,017Food Stores 458 715 591 353 290 285 372 370 405 579Eating and Drinking Places 18,860 20,889 21,624 21,945 22,122 23,374 20,903 24,092 27,396 26,880Building Materials 9,844 11,268 12,775 17,564 16,928 16,205 16,515 21,038 24,107 22,658Auto Dealers and Supplies 3,294 3,606 6,311 7,788 9,331 9,862 9,152 13,417 13,429 5,884Service Stations 51,248 45,400 38,906 42,478 44,726 50,297 31,987 47,182 67,253 58,671Other Retail Stores 15,440 14,266 13,493 13,176 14,190 14,248 8,798 14,259 44,196 46,620All Other Outlets 301,534 303,365 284,013 318,720 295,983 267,808 339,064 328,832 339,979 369,002Total 401,258 $ 400,108 $ 378,196 $ 422,757 $ 404,289 $ 382,714 $ 426,936 $ 449,328 $ 517,803 $ 531,311 $ Source: State of California Board of Equalization and the HdL CompaniesNote: Due to confidentiality requirements, the names of the ten largest revenue payers are not disclosed.

The categories presented are intended to provide alternative information regarding the sources of the City's revenue.HdL Companies reports run on an adjusted basis which means that they incorporate needed adjustments each year. Totals can also change as business types are more in line to their actual business activity.

City of IrwindaleTaxable Sales by Category* 2024 data not available. 118

Table 14
Current Year and Nine Years AgoJune 30, 2024
Business Business
Business Name Category Business Name Category
3M Oral Care Medical/Biotech 3M Oral Care Medical/BiotechArco Service Stations ACH Supply Plumbing/Electrical SuppliesArco AM PM Service Stations Airgas Drugs/ChemicalsArco AM PM Service Stations Arco Service StationsAssa Abloy Residential Group Heavy Industrial Arco AM PM Service StationsChem Arrow Drugs/Chemicals Arco AM PM Service StationsCrowley Company Heavy Industrial Bartley Optical Sales Medical/BiotechDecore Ative Specialties Contractors Chaparral Concrete Company ContractorsFood Makers Bakery Equipment Food Service Equip./Supplies Chem Arrow Drugs/ChemicalsG & I Islas Industries Heavy Industrial Davis Wire Heavy IndustrialGeary Pacific Supply Contactors Decore Ative Specialties ContractorsGem Buildings Contactors Food Makers Bakery Equipment Food Service Equip./SuppliesHome Depot USA Fulfillment Centers Hanson Aggregates West ContractorsJohnstone Supply Light Industrial/Printers Holliday Rock Co ContractorsMcDonald's Quick-Service Restaurants Jacmar Food Service Food Service Equip./SuppliesMcDonald's Quick-Service Restaurants Krones Food Service Equip./SuppliesPatton Sales Office Supplies/ Furniture Miller Brewing Company Food Service Equip./SuppliesRivergrade Shell Station Service Stations National Ready Mixed Concrete ContractorsScholastic Book Fairs Stationery/Book Stores Rivergrade Shell Station Service StationsSigler Wholesale Distributors Contractors Sigler Wholesale Distributors ContractorsSpragues Rock & Sand Contractors Spragues Rock & Sand ContractorsUnited Rock Products/Sully Miller Contractors United Rock Products/Sully Miller ContractorsVulcan Materials Contractors Vulcan Materials ContractorsWalter's Wholesale Electric Plumbing/Electrical Supplies W W Grainger Electrical EquipmentWestern Emulsions Contractors Western Emulsions ContractorsPercent of Fiscal Year Total Paid by Top 25 Accounts 73.00% 65.59%Source: HdL Coren & Cone ReportsFirms Listed Alphabetically (April through March data for each year)City of IrwindaleTop 25 Sales Tax Producers 2024 2015
119

Table 15
Last Ten Fiscal Years
Total Debt
As A
Percentage Per Ratio
Lease Total Debt on Taxable Capita of
Fiscal Revenue Capital Subscription Primary Assessed Personal Outstanding Year Bonds (1) Leases Liability Government Value Income Debt 2015 3,070,126 - - 3,070,126 0.14% 18,934 NM
2016 2,598,680 - - 2,598,680 0.12% 19,594 NM
2017 2,117,234 - - 2,117,234 0.09% 18,219 NM
2018 1,620,788 - - 1,620,788 0.07% 18,110 NM
2019 1,109,342 - - 1,109,342 0.04% 18,389 NM
2020 572,896 - - 572,896 0.02% 25,002 NM
2021 - - - - 0.00% 27,356 NM
2022 - 34,610 - 34,610 0.00% 29,710 NM
2023 - 16,622 71,735 88,357 0.00% 34,446 NM
2024 - - 131,506 131,506 0.00% 38,315 NM
Source: City of Irwindale Note 6 to Financial Statements and Statistical Table 19 NM: Not Meaningful - As reflected in Table 19, the city's population is extraordinarily small; the majority of the City consists of Commercial and Industrial businesses. Therefore the Ratio of Outstanding Debt produces a result which is not meaningful or of value for analysis. (1) Amounts presented included related premiums, discounts, and adjustments.(2) On July 2, 2013, the City refinanced it's 2001 Certificate of Participation Bonds. As of fiscal year ended June 30, 2014, the City's outstanding debt consists of the 2013 Lease Revenue Bonds.

City of IrwindaleRatios of Outstanding Debt by Type
120

Table 16
Successor Agency Tax Allocation BondsLast Ten Fiscal Years Debt Service
Fiscal Tax Increment/ Principal and
Year Allocation Interest Coverage
2015 6,400,062 8,059,710 0.79
2016 8,036,419 7,995,186 1.01
2017 6,313,666 7,987,661 0.79
2018 5,286,629 7,982,087 0.66
2019 8,349,620 7,984,142 1.05
2020 8,329,604 7,981,230 1.04
2021 8,076,758 7,973,052 1.01
2022 - 7,966,300 -
2023 3,335,812 7,958,810 0.42
2024 6,877,013 7,954,933 0.86
Source: City of IrwindaleNote: Details regarding the Successor Agency's outstanding debt can be found in Note 12c to the Financial Statements.
(1)(2)
City of IrwindaleBonded Debt Pledged Revenue Coverage
Per State Assembly Bill AB 1X26, redevelopment agencies in California were dissolved as of February 1, 2012. After this dissolution date, taxes were no longer allocated to redevelopment agencies as Tax Increment. Fiscal Year 2012 lists Tax Increment received for only part of the year. As of February 1, 2012, the City serves as the Successor Agency to the former redevelopment agency, and funds for payment of debt obligations are allocated through a Recognized Obligation Payment Schedule (ROPS) process. The State must approve the ROPS prior to the County distributing property tax allocations. Fiscal Year 2012-13 and all fiscal years afterward reflect Redevelopment Property Tax Trust Fund (RPTTF) revenue allocated to the Successor Agency through the ROPS process for payment of its debt obligations. RPTTF allocations are approved by the State and distributed by the County. 121

Table 17
As of June 30, 2024
Percentage Amount
Applicable Applicable
to City of to City of
Irwindale (1) Irwindale
2023-24 Assessed Valuation (after deducting Incremental Value) 198,286,652 $ Direct Debt: Subscription Liability 100% 131,506 131,506 $
Overlapping Debt: Metropolitan Water District 0.094% 17,117 $ Citrus Community College District 5.477% 6,346,764 Mt San Antonio Community College District 1.175% 10,195,786 Rio Hondo Community College District 0.341% 561,863 Azusa Unified School District 15.438% 19,804,142 Baldwin Park Unified School District 9.571% 11,589,315 Covina Valley Unified School District 5.813% 10,284,266 Duarte Unified School District 11.189% 12,437,361 Other School Districts Various 4,943,288 Total Overlapping Debt 76,179,902 $
Total Direct and Overlapping Tax and Assessment Debt: 76,311,408 $ Ratio to Assessed Valuation:

Direct Debt % 0.07%
Overlapping Debt % 38.42%
Total Gross Debt % 38.49%
(1) Percentage of overlapping agency's assessed valuation located within boundaries of the city.(2) Amount presented includes related premiums, discounts, and adjustments.

City of IrwindaleDirect and Overlapping Debt
Source: Hdl Coren & Cone Reports
122

Table 18
Last Ten Fiscal Years
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Assessed valuation 2,185,652,005 $ 2,233,471,022 $ 2,276,471,056 $ 2,432,006,265 $ 2,567,413,272 $ 2,688,094,932 $ 2,800,130,588 $ 2,764,377,645 $ 3,305,338,205 $ 3,635,312,706 $ Conversion percentage 25% 25% 25% 25% 25% 25% 25% 25% 25% 25% Adjusted assessed valuation 546,413,001 558,367,756 569,117,764 608,001,566 641,853,318 672,023,733 700,032,647 691,094,411 826,334,551 908,828,177 Debt limit percentage 15% 15% 15% 15% 15% 15% 15% 15% 15% 15% Debt limit 81,961,950 83,755,163 85,367,665 91,200,235 96,277,998 100,803,560 105,004,897 103,664,162 123,950,183 136,324,226 Less debt applicable to the limit - - - - - - - - - -
Legal debt margin 81,961,950 $ 83,755,163 $ 85,367,665 $ 91,200,235 $ 96,277,998 $ 100,803,560 $ 105,004,897 $ 103,664,162 $ 123,950,183 $ 136,324,226 $

0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% The Government Code of the State of California provides for a legal debt limit of 15% of gross assessed valuation. However, this provision was enacted whenassessed valuation was based upon 25% of market value. Effective with the 1981-82fiscal year, each parcel is now assessed at 100% of market value (as of the most recent change in ownership for that parcel). The computations shown above reflect a conversion of assessed valuation data for each fiscal year from the current fullvaluation perspective to the 25% level that was in effect a the time that the legal Total net debt applicable to the limitdebt margin was enacted by the State of California for local governments locatedwithin the State. Source: City of Irwindale, Statistical Table 9 and Notes to Financial Statements. as a percentage of debt limit
City of IrwindaleLegal Debt Margin Information
123

Table 19
Per
Capita
Fiscal Personal Personal
Year Population Income Income
2014 1,467 27,776 18,934 10.8%2015 1,415 27,727 19,594 8.8%2016 1,423 25,926 18,219 6.9%2017 1,450 26,261 18,110 6.9%2018 1,506 27,694 18,389 7.1%2019 1,434 35,853 25,002 6.6%2020 1,441 39,420 27,356 15.8%2021 1,490 44,268 29,710 7.3%2022 1,483 51,085 34,446 4.4%2023 1,499 57,434 38,315 4.5% Source: HdL Coren & Cone ReportsCity of IrwindaleDemographic and Economic StatisticsLast Ten Fiscal Years* 2024 data not available.

Unemployment
Rate
124

Table 20
Percentage Percentage
of Total City of Total City
Employer Employees Rank Employment Employees Rank EmploymentSouthern California Edison 1,200 1 8.2% 2,528 1 * 10.1%Ready-Pac Produce Inc. 1,192 2 8.1% 1,618 2 * 6.5%Decore-Ative Specialties Inc. 1,116 3 7.6% 600 3 2.4%City of Hope 1,109 47.6%Charter Communications 403 5 2.7% 343 9 1.4%City of Hope Medical Foundation 375 62.6%Athens Services 362 7 2.5% 286 10 1.1%Louis Vuitton U.S. Mfg Inc 322 82.2%IBY, LLC 300 92.0%Best Overnight Express, Inc. 243 10 1.7%Miller Coors 540 4 2.2%Asplundh Tree Expert Co. 400 5 1.6%Biosense Webster 390 6 1.6%Mariposa Horticultural Enterprise 360 7 1.4%R Ranch Market 344 8 1.4% Total 6,622 45.2% 7,409 29.6%Estimated City Employment 14,660 25,000Source: HdL Business License System, Survey conducted by City.Total Estimated City Employment provided by Community Development Department.* Includes contract employees 2024
City of IrwindalePrincipal EmployersCurrent Year and Nine Years Ago 2015
125

Table 21
Full-time and Part-time City Employees by Function
2015 2016 2016 2018 2019 2020 2021 2022 2023 2024
FunctionGeneral government 14.00 14.00 14.00 17.50 18.50 19.00 19.00 22.00 24.50 24.50Police 47.00 47.00 47.00 47.50 47.00 47.00 47.00 48.00 49.00 50.50Community Dvlp & Code En 6.00 6.00 6.00 7.50 12.50 13.00 13.00 12.50 14.50 14.50Public Works 19.00 19.00 19.00 22.50 26.50 27.00 30.00 35.00 35.00 35.00Library 4.50 4.50 4.50 8.00 7.50 7.50 7.50 11.50 11.50 11.50Recreation 20.50 20.50 20.50 22.50 27.00 27.00 23.50 24.00 16.00 16.00Senior Center 5.00 5.00 5.00 5.00 6.00 6.00 6.00 6.00 6.00 6.00Aquatics - - - - - - - 9.00 12.50 14.00Total 116.00 116.00 116.00 130.50 145.00 146.50 146.00 168.00 169.00 172.00Source: City of Irwindale, Finance Department, budget documentNote: Reflects the number of positions authorized per the City's annual Compensation Resolution.City of IrwindaleLast Ten Fiscal Years 126

Table 22
City of IrwindaleOperating Indicators by FunctionFunction/Program 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024Police:

Increase in traffic enforcement citations 1,259 1,170 5,570 4,739 2,987 699 575 1,107 1,052 1,073DUI arrests 47 40 16 17 19 20 11 39 32 31Unlicensed drivers arrested or cited 233 132 357 207 234 28 22 50 26 27Vandalism Arrests 6 2 6 7 4 7 4 5 2 2Stolen Vehicles 24 22 21 44 27 36 37 50 46 38Robberies 7 5 2 4 6 2 4 5 6 5Burglaries 34 70 45 43 47 85 59 74 60 73Calls for service 20,412 23,901 21,353 20,064 19,082 12,737 14,694 18,404 20,535 17,800 Recreation:

Number of facility rentals 365 555 298 315 477 158 0 128 264 1,051Number of classes/programs 80 93 94 126 130 102 63 64 98 178Number of special events 42 38 46 49 50 40 42 41 51 50Number of field trips 43 45 49 52 52 45 0 36 46 36 Aquatics:

Aquatic participants 9,253 12,227 14,075 14,186 10,200 8,070 413 4,605 13,261 15,385 Senior Center:

Number of facility rentals 143 129 130 155 160 42 17 86 109 109Number of classes/programs 85 699 1,793 2,300 2,300 284 540 813 144 191Number of special events/activities 39 38 239 301 43 24 211 69 63 78Number of field trips 26 24 28 34 34 8 4 11 12 12Number of meals served-Nutrition program/breakfast 8,090 7,644 8,075 8,439 8,776 10,287 1,020 4,366 8,637 8,523 Library
Adult & children programs 160 82 93 103 102 182 15 108 87 63Adult & children storytimes 22 18 27 36 40 40 0 34 37 53Library items added 2,590 2,146 2,460 2,493 1,808 1,444 1,155 1,398 1,476 1,454 Learning Center tutoring hours 308 308 320 320 320 180 0 306 351 333 Public Works
Street resurfacing (miles) 0 0 5.13 1.8 1.05 1.19 0.988 1.024 1.024 0Sidewalk repair/replacement (sq.ft.) 10,000 2,238 0 0 8,367 0 386 531 50 0Encroachment Permits 105 96 139 114 142 184 162 129 109 97Field Inspections 4/week 4/week 4/week 5 daily 5/week 5/week 4/week 4/week 5/week 4/weekTransportation Permits 354 370 452 503 495 379 302 314 382 329 Building & Safety
Permits issued 327 361 431 430 524 442 394 350 396Film Permits Issued 11 9 17 22 27 21 13 8 10 7Business Licenses issued 1,108 1,302 1,416 1,456 1,639 1,464 1,438 1,691 1,653 1,034 Finance
Account Payable checks issued 3,078 2,833 3,098 2,793 3,013 2,835 2,506 2,934 2,773 2,941Payroll checks issued 3,370 3,330 3,415 3,578 3,725 4,038 3,965 4,440 4,349 4,543 Journal Entries 2,281 2,361 2,425 2,320 2,570 2,278 1,950 2,595 2,580 2,722Purchase orders processed 197 159 205 225 259 267 225 210 198 198 Cash & Investments at year-end (in millions) 72.1 75.4 89.9 83.5 92.0 89.5 105.6 107.0 109.1 128.2 Administration
Constituent requests for information processed 37 51 49 57 54 61 49 74 68 97Agenda Reports Submitted to Council 285 319 233 226 118 220 224 366 258 234City Council Meeting Agendas Compiled 24 24 23 26 26 24 23 28 31 29Resolutions (City Council) 67 63 70 80 57 89 95 106 138 89Resolutions (ICRA) 000000000 0Resolutions (SA) 5 9 8 8 3 2 4 15 6 1Resolutions (Housing Authority) 3 6 5 5 9 13 13 19 3 5Resolutions (Reclamation Authority) 3 3 1 4 1 2 1 3 2 2Ordinances 14 9 13 10 13 13 9 3 8 11Contracts 44 98 111 109 170 63 115 143 192 99 Weekly Reports to City Council 45 42 45 48 49 12 9 50 49 49 Number of recruitment applications processed 191 79 178 254 1,225 312 756 779 748 827 Last Ten Fiscal Years
Source: City of Irwindale, various City Departments
127

Table 23
Capital Asset Statistics by Function
2015 2016 2017 2017 2019 2020 2021 2022 2023 2024
FunctionPolice
Stations 1 1 1 1 1 1 1 1 11Substations 0 0 0 0 0 0 0 0 00Patrol units 11 13 12 12 15 14 14 15 15 15Motorcycles 2 3 1 1 1 1 1 2 22Trailer 1 1 1 1 1 1 1 1 13Undercover Vehicle 7 7 6 6 710 10 10 10 9Command Vehicle 2 1 1 1 2 2 2 3 22 Public Works
Streets/Highway (miles) 27.73 27.73 27.73 27.73 29.20 29.20 29.20 29.20 29.20 29.20Streetlights 861 870 870 870 873 873 873 873 873 884Traffic signals 42 43 43 43 43 43 42 44 44 48Bridges 15 15 15 15 15 15 15 15 15 15 Culture and recreation
Recreation
Parks 3 3 3 3 3 3 3 3 33Playground areas 4 4 4 4 4 4 4 4 44Tennis courts 1 1 1 1 1 1 1 1 11Softball & baseball diamonds 1 1 1 1 1 1 1 1 11Basketball full courts 2 2 2 2 2 2 2 2 22Basketball half courts 1 1 1 1 1 1 1 1 11Skate Parks 1 1 1 1 1 1 1 1 11Swimming pools 1 1 1 1 1 1 1 1 11Recreation Centers 1 1 1 1 1 1 1 1 11 Senior Center
Community Centers 1 1 1 1 1 1 1 1 11Senior Centers 1 1 1 1 1 1 1 1 11Missions 1 1 1 1 1 1 1 1 11 Library
Library buildings 1 1 1 1 1 1 1 1 11
City of IrwindaleLast Ten Fiscal Years Source: City of Irwindale, various City Departments 128

LSLCPAS.COM
February 26, 2025
To the Honorable Mayor and Members of the City Council
City of Irwindale, California
We have audited the financial statements of the governmental activities, each major fund, and the aggregate remaining fund information of the City of Irwindale, California (the “City”) for the year ended June 30, 2024.

Professional standards require that we provide you with information about our responsibilities under generally accepted auditing standards, as well as certain information related to the planned scope and timing of our audit.

We have communicated such information in our letter to you dated August 26, 2024. Professional standards also require that we communicate to you the following information related to our audit.

Significant Audit Matters
Qualitative Aspects of Accounting Practices
Management is responsible for the selection and use of appropriate accounting policies. The significant accounting policies used by the City are described in Note 1 to the financial statements. No new accounting policies were adopted and the application of existing policies was not changed during fiscal year 2024. We noted no transactions entered into by the City during the year for which there is a lack of authoritative guidance or consensus. All significant transactions have been recognized in the financial statements in the proper period.

Accounting estimates are an integral part of the financial statements prepared by management and are based on management’s knowledge and experience about past and current events and assumptions about future events.

Certain accounting estimates are particularly sensitive because of their significance to the financial statements and because of the possibility that future events affecting them may differ significantly from those expected. The most sensitive estimates affecting the City’s financial statements were:

Management’s estimates of the net pension liability and net other postemployment benefits liability are based on actuarial valuations. We evaluated the methods, assumptions, and data used to develop the actuarial valuation estimates in determining that it is reasonable in relation to the financial statements taken as a whole.

The financial statement disclosures are neutral, consistent, and clear.

Difficulties Encountered in Performing the Audit
We encountered no significant difficulties in dealing with management in performing and completing our audit.

Corrected and Uncorrected Misstatements
Professional standards require us to accumulate all known and likely misstatements identified during the audit, other than those that are clearly trivial, and communicate them to the appropriate level of management.

Management has corrected all such misstatements. In addition, none of the misstatements detected as a result of audit procedures and corrected by management were material, either individually or in the aggregate, to each opinion unit’s financial statements taken as a whole.

To the Honorable Mayor and Members of the City Council
City of Irwindale, California
Disagreements with Management
For purposes of this letter, a disagreement with management is a financial accounting, reporting, or auditing matter, whether or not resolved to our satisfaction, that could be significant to the financial statements or the auditor’s report. We are pleased to report that no such disagreements arose during the course of our audit.

Management Representations
We have requested certain representations from management that are included in the management representation letter dated February 26, 2025.

Management Consultations with Other Independent Accountants In some cases, management may decide to consult with other accountants about auditing and accounting matters, similar to obtaining a “second opinion” on certain situations. If a consultation involves application of an accounting principle to the City’s financial statements or a determination of the type of auditor’s opinion that may be expressed on those statements, our professional standards require the consulting accountant to check with us to determine that the consultant has all the relevant facts. To our knowledge, there were no such consultations with other accountants.

Other Audit Findings or Issues
We generally discuss a variety of matters, including the application of accounting principles and auditing standards, with management each year prior to retention as the City’s auditors. However, these discussions occurred in the normal course of our professional relationship and our responses were not a condition to our retention.

Other Matters
We applied certain limited procedures to management’s discussion and analysis, the budgetary comparison schedules for the general fund and major special revenue funds, and the required pension and other postemployment benefits schedules, which are required supplementary information (“RSI”) that supplements the basic financial statements. Our procedures consisted of inquiries of management regarding the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We did not audit the RSI and do not express an opinion or provide any assurance on the RSI.

We were engaged to report on the combining and individual fund statements and schedules, which accompany the financial statements but are not RSI. With respect to this supplementary information, we made certain inquiries of management and evaluated the form, content, and methods of preparing the information to determine that the information complies with accounting principles generally accepted in the United States of America, the method of preparing it has not changed from the prior period, and the information is appropriate and complete in relation to our audit of the financial statements. We compared and reconciled the supplementary information to the underlying accounting records used to prepare the financial statements or to the financial statements themselves.

We were not engaged to report on the introductory and statistical sections of the Annual Comprehensive Financial Report, which accompany the financial statements but are not RSI. Such information has not been subjected to the auditing procedures applied in the audit of the basic financial statements, and accordingly, we do not express an opinion or provide any assurance on it.

To the Honorable Mayor and Members of the City Council
City of Irwindale, California
Future GASB Pronouncements
The following Government Accounting Standards Board (GASB) pronouncements will be effective for the following fiscal years’ audits and should be reviewed for proper implementation by management:

Fiscal Year 2024-2025
GASB Statement No. 101, Compensated Absences.

GASB Statement No. 102, Certain Risk Disclosures.

Fiscal Year 2025-2026
GASB Statement No. 103, Financial Reporting Model Improvements.

GASB Statement No. 104, Disclosure of Certain Capital Assets.

Future Projects
Comprehensive Project, Revenue and Expense Recognition.

Major Project, Going Concern Uncertainties and Severe Financial Stress.

Major Project, Infrastructure Assets.

Practice Issue, Classification of Nonfinancial Assets.

Practice Issue, Risks and Uncertainties Disclosures.

Practice Issue, Subsequent Events.

Restriction on Use
This information is intended solely for the information and use of the City Council and management of the City and is not intended to be, and should not be, used by anyone other than these specified parties.

Very truly yours,

LSLCPAS.COM
INDEPENDENT AUDITORS’ REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON

COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN

ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS
To the Honorable Mayor and Members of the City Council
City of Irwindale, California
We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities, each major fund, and the aggregate remaining fund information of the City of Irwindale, California (the “City”), as of and for the year ended June 30, 2024, and the related notes to the financial statements, which collectively comprise the City’s basic financial statements, and have issued our report thereon dated February 26, 2025.

Report on Internal Control over Financial Reporting
In planning and performing our audit of the financial statements, we considered the City’s internal control over financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the City’s internal control. Accordingly, we do not express an opinion on the effectiveness of the City’s internal control.

A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected, on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.

Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies and therefore, material weaknesses or significant deficiencies may exist that were not identified. We identified a certain deficiency in internal control, described in the accompanying schedule of findings and responses as item 2024-001 that we consider to be a material weakness.

Report on Compliance and Other Matters
As part of obtaining reasonable assurance about whether City’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the financial statements.

However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.

To the Honorable Mayor and Members of the City Council
City of Irwindale, California
City’s Response to Findings
Government Auditing Standards requires the auditor to perform limited procedures on the City’s response to the findings identified in our audit and described in the accompanying schedule of findings and responses. The City’s response was not subjected to the other auditing procedures applied in the audit of the financial statements and, accordingly, we express no opinion on the response.

Purpose of This Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the City’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the City’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.

Irvine, California
February 26, 2025

To the Honorable Mayor and Members of the City Council
City of Irwindale, California

SCHEDULE OF FINDINGS AND RESPONSES
Reference Number
2024-001 – Failure to Maintain Internal Controls and Accuracy of Financial Reporting Due to Insufficient Financial Systems
Evaluation of Finding
Material Weakness
Condition
During the audit, the City identified the following condition relating to the financial accounting system of capital assets that resulted in significant audit adjustments to the financial statements.

Reconciling Differences between Underlying Capital Asset Records and Previously Issued Financial Statements The City currently utilizes a manual Excel spreadsheet for the maintenance, monitoring, and accounting for all capital asset types and annual depreciation. By not implementing an accounting system that is integrated with the City’s trial balance and general ledger, there is a significant risk of manipulation and unforeseen errors in the capital asset accounting and information. It was further noted that previously issued financial statements were reconciled to inaccurate City capital asset records as a result of the current accounting system.

Criteria
An important element of control over financial reporting is for management to ensure that sufficient systems and processes are in place to alleviate inaccuracies of ongoing maintenance and recording of annual capital asset activity.

Cause of Condition
The City’s current capital asset accounting system is manual in nature and susceptible to manipulation and unforeseen errors.

Effect or Potential Effect of Condition
Adjustments were made to accurately reflect beginning capital asset figures, that if not corrected, would materially misstate the City’s financial statements.

Recommendation
Efforts should be made to integrate the capital asset records with the City’s general ledger and operational accounting software.

Management Response
We agree with the finding. Management will evaluate potential solutions to implement an integrated system between the City’s general ledger and capital asset accounting system with the goal of having the issue remedied by June 30, 2025.

LSLCPAS.COM
INDEPENDENT ACCOUNTANTS’ REPORT ON AGREED-UPON

PROCEDURES APPLIED TO APPROPRIATIONS LIMIT WORKSHEETS
To the Honorable Mayor and Members of the City Council
City of Irwindale, California
We have performed the procedures enumerated below on the accompanying Appropriations Limit Worksheet No. 6 (or other alternative computation) of the City of Irwindale, California, for the year ended June 30, 2024.

These procedures are the responsibility of the City, which were agreed to by the City of Irwindale and the League of California Cities (as presented in the publication entitled Agreed-Upon Procedures Applied to the Appropriations Limitation Prescribed by Article XIII-B of the California Constitution), were performed solely to assist the City of Irwindale in meeting the requirements of Section 1.5 of Article XIII-B of the California Constitution. The City of Irwindale's management is responsible for the Appropriations Limit Worksheet No. 6 (or other alternative computation).

The City has agreed to and acknowledged that the procedures performed are appropriate to meet the intended purpose of recomputing the Appropriations Limit Worksheet No. 6 (or other alternative computation). This report may not be suitable for any other purpose. The procedures performed may not address all the items of interest to a user of this report and may not meet the needs of all users of this report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes.

The procedures performed and our findings were as follows:

1. We obtained the completed Worksheets No. 1 through No. 7 (or other alternative computations) and compared the limit and annual adjustment factors included in those worksheets to the limit and annual adjustment factors that were adopted by resolution of the City Council. We also compared the population and inflation options included in the aforementioned worksheets to those that were selected by a recorded vote of the City Council.

Finding: No exceptions were noted as a result of our procedures.

2. For the accompanying Appropriations Limit Worksheet No. 6, we multiplied line A, last year's limit, by line D, ratio of change and compared the resulting amount to line E, this year's limit.

Finding: No exceptions were noted as a result of our procedures.

3. We compared the current year information presented in the accompanying Appropriations Limit Worksheet No. 6 to the other worksheets described in No. 1 above.

Finding: No exceptions were noted as a result of our procedures.

4. We compared the prior year appropriations limit presented in the accompanying Appropriations Limit Worksheet No. 6 to the prior year appropriations limit adopted by the City Council for the prior year.

Finding: No exceptions were noted as a result of our procedures.

To the Honorable Mayor and Members of the City Council
City of Irwindale, California
We were engaged by the City to perform this agreed-upon procedures engagement and conducted our engagement in accordance with attestation standards established by the AICPA. We were not engaged to and did not conduct an examination or review engagement, the objective of which would be the expression of an opinion or conclusion, respectively, on the accompanying Appropriations Limit Worksheet No. 6 (or other alternative computation). Accordingly, we do not express such an opinion or conclusion. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you.

We are required to be independent of the City and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements related to our agreed-upon procedures engagement.

This report is intended solely for the information of the City Council and management of the City of Irwindale and is not intended to be, and should not be, used by anyone other than these specified parties.

Brea, California
November 8, 2024

CITY OF IRWINDALE
2023-2024

APPROPRIATIONS LIMIT CALCULATION
A. 2022-2023 APPROPRIATIONS LIMIT: $13,110,944,054
B. 2023-2024 CHANGE IN PER CAPITA PERSONAL
INCOME: 4.44%
C. 2023-2024 CHANGE IN POPULATION: -0.75%
D. RATIO OF CHANGE (1.0444 x 0.9925) x 1.03656700
E. 2023-2024 APPROPRIATIONS LIMIT: $13,590,371,945
($13,110,944,054 x 1.03656700)

Item #21.B.

Date: March 12, 2025
To: Honorable Mayor and Members of the City Council
Honorable Chair and Members of the Reclamation Authority Board From: Julian A. Miranda, City Manager / Executive Director Issue: Mid-Year Financial Review and Adjustments to the FY 2024-2025 Budget City Manager's Recommendation:

That the City Council and Reclamation Authority Board adopt Resolutions No. 2025-26-3614 and RA 2025-04-043, respectively, entitled: “A JOINT RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

IRWINDALE AND THE IRWINDALE RECLAMATION AUTHORITY BOARD APPROVING ADJUSTMENTS TO THE BUDGET FOR FISCAL YEAR 2024-2025”.

Administrative Action:

Submitted / Prepared / Reviewed by:

Kambiz Borhani, Finance Director / City Treasurer
Approved by:

Julian A. Miranda, City Manager / Executive Director
Background and Analysis:

In June 2024, the City Council and Reclamation Authority Board formally adopted their respective FY 2024–2025 Budgets. Typically, there are additional appropriations approved by the Council/Board(s) for unanticipated items during the fiscal year. The Finance Department has conducted an analysis of the current fiscal years’ revenues and expenditures, and evaluated the year-to-date numbers against the approved budget to determine how this year’s financial activities are tracking.

As is consistent with prior years, the financial analysis has resulted in the need for certain budget adjustments recommended by the City’s General Fund, Mining Impact Fund, AB 939 Fund, and

Irwindale Reclamation Authority Fund.

Revenues
The City’s adopted General Fund Revenues Budget includes $25,853,931 in operating revenues, and $2,518,405 in capital/one-time revenues, for a total of $28,372,336 at the start of the fiscal year.

During the mid-year financial review, all revenues were analyzed for any changes in trends from what was originally budgeted.

The following table lists the City Manager’s approved and proposed operating revenue budget adjustments for the City Council’s consideration.

Revenue Budget Adjustment General Fund Comments
Use of Money
& Property
Interest $130,000 To adjust for higher interest rates earned on investments
Revenue Budget Increase $130,000
The City’s General Fund Revenue Budget also included $2,518,405 in capital/one-time revenues related to building permits and plan checks for several developments currently progressing in the City. The financial analysis conducted confirmed that some of the development projects originally estimated, especially in the building permit revenue category, may not be on track to be realized in FY 2024-2025.

To better assess the situation, the Director of Engineering/Building Officials plans to meet with the developers to better understand their projects, assess their timelines, and reevaluate the fees and the timing at which the City should anticipate their collection. With that, no changes to initial estimates are being proposed to these capital/one-time revenues, and if later adjustments are needed, they would be reflected in the City Manager’s proposed fiscal year 2025-2026 operating and capital improvement budget.

Expenditures
The City’s adopted General Fund Expenditure Budget includes $27,480,746 in operating expenditures, and $800,000 in transfers to the Capital Projects Fund for capital project expenditures for FY 2024- 2025.

City Departments conducted an in-depth analysis of all their year-to-date expenditures, and calculated projections through the end of the fiscal year to identify any expenditures that were tracking higher or lower than originally budgeted.

The following table lists the City Manager’s approved and proposed operating expenditure budget requests for the City Council’s consideration.

Expenditure Budget Requests General Fund Comments
Public
Services
Contractual
Services
$76,100 Update the ADA
Transition Plan
Expenditure Budget Increase $76,100
Reclassification
Additional analysis was also performed on the City’s legal fees to ensure adequate funding is available to conduct necessary legal services for the City.

The following table lists the City Manager’s approved and proposed reclassification of the budget for the City Council’s consideration.

Reclassification of Budget
Request
General
Fund
Mining
Impact
Fund
Irwindale
Reclamation
Authority
AB 939 Comments
Legal Services:

Legal Services ($90,000) Decrease amount
needed
Outside Legal
Counsel
($10,000) Decrease amount
needed
Legal Services ($20,000) Decrease amount
needed
Legal Services ($10,000) Decrease amount
needed
Legal
ServicesGeneral AW
$130,000 Increase the
amount needed
Budget
Increase
/ (Decrease) $130,000 ($100,000) ($20,000) ($10,000)
Fiscal Impact:

Approval of Joint Resolution No. 2025-26-3614 / RA 2025-04-043, and thereby approving the budget adjustments as presented, will allow City Staff to make the necessary expenditure adjustments along with reclassification to the FY 2024-2025 Adopted Budget for all funds listed in this report.

The table below summarizes the updated FY 2024-2025 Budget for all the Funds as updated with the Mid-Year Budget Adjustments. This summary shows that the General Fund is anticipated to end the year with a surplus of $15,490, which is $76,100 less than the original $91,590 surplus amount shown at the time of budget adoption.

Attachments:

1. Resolution for the FY 2024-2025 Mid Year Budget Adjustments

2. Exhibit A

RESOLUTION NO. 2025-26-3614
RESOLUTION NO. RA 2025-04-043

A JOINT RESOLUTION OF THE CITY COUNCIL OF THE CITY OF IRWINDALE AND

THE IRWINDALE RECLAMATION AUTHORITY BOARD APPROVING
ADJUSTMENTS TO THE BUDGET FOR FISCAL YEAR 2024-2025
WHEREAS, the City Council of the City of Irwindale adopted its FY 2024-2025 Budget on June 26, 2024 pursuant to Ordinance No. 779; and WHEREAS, the Irwindale Reclamation Authority Board adopted its FY 2024-2025 Budget on June 12, 2024 pursuant to Resolution No. RA 2024-02-041; and WHEREAS, the City Council of the City of Irwindale and the Board of the Irwindale Reclamation Authority have completed the review of the revenues and expenditures at the midterm of the fiscal year and desire to approve the recommended budget adjustments as itemized on Exhibit A attached hereto (“Proposed Budget Adjustments”).

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF IRWINDALE AND

THE BOARD OF THE IRWINDALE RECLAMATION AUTHORITY, RESOLVE, DETERMINE AND ORDER AS FOLLOWS:

SECTION 1. The foregoing recitals are true and correct and incorporated herein by this reference.

SECTION 2. The Proposed Budget Adjustments, attached hereto as Exhibit “A” for the City of Irwindale and the Irwindale Reclamation Authority are appropriate and hereby approved.

SECTION 3. The Deputy City Clerk shall certify to the adoption of this Resolution, which shall in turn, have immediate effect.
.PASSED, APPROVED AND ADOPTED this 12th day of March 2025. _____________________________
Larry G. Burrola, Mayor/Chair
ATTEST:
_______________________________
Laura Nieto, MMC
Chief Deputy City Clerk/
Chief Authority Assistant Secretary

STATE OF CALIFORNIA }
COUNTY OF LOS ANGELES } ss.

CITY OF IRWINDALE }
I, Laura Nieto, Chief Deputy City Clerk of the City of Irwindale/Chief Authority Assistant Secretary of the Irwindale Reclamation Authority, do hereby certify that the foregoing Joint Resolution No. 2025-26-3614 / RA 2025-04-043 was duly and regularly passed and adopted by the City Council of the City of Irwindale and Irwindale Reclamation Authority Board at the regular meeting held on the 12th day of March 2025, by the following vote:

AYES: Councilmembers / Authority Members:

NOES: Councilmembers / Authority Members:

ABSENT: Councilmembers / Authority Members:

ABSTAIN: Councilmembers / Authority Members:

Laura Nieto, MMC
Chief Deputy City Clerk
Chief Authority Assistant Secretary

Exhibit A
City of Irwindale
FY 2024-2025
Budget Summary
General Fund
01 General Fund On-Going Budget 25,853,931 $ (27,480,746) $ (1,626,815) $ Capital/One-Time Items 2,518,405 $ - $ 2,518,405 $
Capital Projects Transfers - $ (800,000) $ (800,000) $
Mid-Year Budget Adjustments / Requests 130,000 $ (206,100) $ (76,100) $ TOTAL GENERAL FUND 28,502,336 $ (28,486,846) $ 15,490 $ Housing Authority Funds
11 Irwindale Housing Authority 400 $ (7,330) $ (6,930) $ 12 Low & Moderate Income Housing Asset Fund 25,000 $ (543,330) $ (518,330) $ TOTAL HOUSING AUTHORITY FUNDS $ (550,660) 25,400 $ (525,260) $ Mining Impact Fund
13 Mining Impact Fund On-Going Budget 4,275,000 $ (5,801,453) $ (1,526,453) $ Capital/One-Time Items - $ (180,594) $ (180,594) $
Capital Project Transfers - $ (472,771) $ (472,771) $
TOTAL MINING IMPACT FUND 4,275,000 $ (6,454,818) $ (2,179,818) $ Reclamation Authority Funds
14 Reclamation 68,970 $ (28,970) $ 40,000 $
19 Olive Pit Royalty 2,022,320 $ (2,000,000) $ 22,320 $ TOTAL RECLAMATION AUTHORITY FUNDS $ (2,028,970) 2,091,290 $ 62,320 $ Special Revenue & Grant(s) Funds
15 AB939 Recycling 363,480 $ (357,260) $ 6,220 $
21 State Gas Tax 84,842 $ (84,842) $ - $
22 Air Quality Management District 750 $ (750) $ - $
25 Proposition A 41,762 $ (41,762) $ - $
26 Proposition C 34,599 $ (34,599) $ - $
27 Measure R 25,949 $ (25,949) $ - $
28 TDA Article 3 5,000 $ (5,000) $ - $
29 Measure M 29,409 $ (29,409) $ - $
30 Measure W 400,000 $ (400,000) $ - $
32 Community Development Block Grant 8,243 $ (8,243) $ - $ TOTAL SPECIAL REVENUE & GRANT(S) FUNDS $ (987,814) 994,034 $ 6,220 $ Assessment Districts Funds
44 IBC Street Lighting & Maintenance District 16,420 $ (16,420) $ - $ 45 IBC Sewer Maintenance District 123,080 $ (48,080) $ 75,000 $ TOTAL ASSESSMENT DISTRICTS FUNDS $ (64,500) 139,500 $ 75,000 $ Capital Projects Funds
47 Development Impact Fees 1,055,607 $ - $ 1,055,607 $
48 Capital Improvement Projects 1,598,000 $ (1,573,000) $ 25,000 $ TOTAL CAPITAL PROJECTS FUNDS $ (1,573,000) 2,653,607 $ 1,080,607 $ TOTAL BUDGET - ALL FUNDS: 38,681,167 $ (40,146,608) $ (1,465,440) $ Fund
No Fund FY 2024-25
Revenues
FY 2024-25
Expenditures
Surplus
(Deficit)
FY 2024-25

Item #21.C.

Date: March 12, 2025
To: Honorable Mayor and Members of the City Council
From: Julian A. Miranda, City Manager
Issue: Request for Speed Humps Installation on Hidalgo Street and Martinez Street Update City Manager's Recommendation:
(1) Receive and file this update; (2) Discuss and approve Option 2 regarding the construction of the speed humps on Hidalgo Street.

Administrative Action:

Submitted / Prepared by:

Eddie Chan, Director of Engineering/Building Official
Reviewed by:

Adrian R. Guerra, City Attorney
Kambiz Borhani, Finance Director / City Treasurer
Approved by:

Julian A. Miranda, City Manager
Background and Analysis:

On October 9, 2024, the Public Works Engineering Department received direction from the City Council

to conduct a survey and traffic study for the potential installation of speed humps on Hidalgo Street and Martinez Street. A survey was mailed to residents of both streets to gather their opinions on the proposed installations. A total of 41 residences were surveyed, and the following is a summary of the results:

Hidalgo St
In support of speed humps 18
In opposition to speed
humps
1 No response 6
Based on the survey results and traffic study, speed humps may be installed on Hidalgo Street as a traffic-calming measure to reduce excessive traffic speed and volume. However, speed humps will not be installed on Martinez Street due to insufficient resident support. Per the City’s policy, at least 75% of residents on a given street must be in favor of the installation for the project to proceed.

Below are the two (2) options for the City Council to consider for the installation of speed humps on Hidalgo Street:

1. Prepare the bid package for the construction of the speed humps on Hidalgo Street as a new CIP project.

2. Including the construction of the speed humps on Hidalgo Street as part of the FY 2024-25 Pavement Rehabilitation Project.

Option 1: Construct the Speed Humps on Hidalgo Street as a new CIP Project Public Works Engineering staff will prepare the design plans and specifications of the speed humps on Hidalgo Street as a new CIP project. This will include preparing the necessary bid package to advertise and solicit bids per Section 3.44.110 of the City’s Municipal Code and applicable sections of the California Public Works Contract Code.

The project's scope of work includes the installation of speed humps, pavement striping, and signage.

Since this project was not initially anticipated or budgeted in the current fiscal year, additional resources and budget allocation will be required to cover advertisement and bid solicitation costs, as well as construction expenses. Staff will request budget allocation when awarding the construction contract.

Martinez St
In support of speed
humps
1 In opposition to speed
humps
2 No response 13

Option 2: Include the speed humps as part of the FY 2024-25 Pavement Rehab Project Public Works Engineering staff will incorporate the design plans and specifications for the speed humps on Hidalgo Street into the FY 2024-25 Pavement Rehabilitation Project. This approach will optimize resource allocation and cost-effectiveness by streamlining the bidding and construction process.

By including the speed humps within the larger pavement rehabilitation project, the City will eliminate the need for separate advertisement and bid solicitation costs while benefiting from economies of scale. This integration is expected to result in significant cost savings and improved project efficiency.

Based on current estimates, staff anticipate that the existing FY 2024-25 Pavement Rehabilitation Project budget will be sufficient to cover the cost of the speed humps, and no additional budget allocation is required at this time.

In conclusion, staff are recommending and seeking City Council approval for the selection of Option 2, which includes the construction of speed humps on Hidalgo Street as part of the FY 2024-25 Pavement Rehabilitation Project.

Upon City Council approval, the construction of the speed humps on Hidalgo Street is anticipated to take place in the summer of this year.

Fiscal Impact:

No funding is required at this time. If funding is required, staff will seek City Council's approval when awarding the construction contract.

Attachments:

None

IRWINDALE CITY COUNCIL CHAMBERS JANUARY 22, 2025
5050 N. IRWINDALE AVENUE WEDNESDAY
IRWINDALE, CALIFORNIA 91706 9:50 P.M.

The Irwindale SUCCESSOR AGENCY TO THE IRWINDALE COMMUNITY REDEVELOPMENT AGENCY met in regular session at the above time and place.

ROLL CALL: Present: Councilmembers Albert F. Ambriz, Mark A. Breceda, Manuel R. Garcia, Mayor Larry G. Burrola

Absent: Mayor Pro Tem H. Manuel Ortiz
Also Present: Julian A. Miranda, City Manager; Adrian Guerra, City Attorney; Theresa Olivares, Assistant City Manager; Christopher Hofford, Chief of Police; Kambiz Borhani, Director of Finance / City Treasurer; Marilyn Simpson, Community Development Director; Eddie Chan, Director of Engineering / Building Official; Elizabeth Rodriguez, Public Services Director; Mary Hull, Human Resources Manager, and Laura Nieto, Chief Deputy City Clerk
AB 2449 DISCLOSURES None.

CONSENT CALENDAR
MOTION A motion was made by Councilmember Ambriz, seconded by Councilmember Breceda, to approve the Consent Calendar. The motion was unanimously approved, Mayor Pro Tem H. Manuel Ortiz absent.

ITEM NO. 27A WARRANTS / DEMANDS / PAYROLL

WARRANTS /
DEMANDS / The warrants / demands / payroll were approved.

PAYROLL
ITEM NO. 27B INVESTMENT QUARTERLY REPORT FOR FISCAL QUARTER INVESTMENT ENDING DECEMBER 31, 2024

QUARTERLY REPORT
FOR FISCAL QUARTER The Investment Quarterly Report for fiscal quarter ending ENDING December 31, 2024, was received and filed.

DECEMBER 31, 2024

END OF CONSENT CALENDAR

SPONTANEOUS
COMMUNICATIONS There were no speakers.

ADJOURNMENT There being no further business to conduct, the meeting was adjourned at 9:51 p.m.
________________________________
Laura M. Nieto, MMC
Chief Deputy City Clerk

Item #33.B.

Date: March 12, 2025
To: Honorable Chair and Members of the Housing Authority Board From: Julian A. Miranda, Executive Director
Issue: Resolution No. HA 2025-02-146, entitled “A RESOLUTION OF THE BOARD OF DIRECTORS

OF THE IRWINDALE HOUSING AUTHORITY AUTHORIZING AND APPROVING THE USE OF THE 10-ACRE SITE ON ALLEN DRIVE, ASSESSOR’S PARCEL NUMBER 8417-34-912, FOR THE CITY OF IRWINDALE’S JULY 4, 2025, FIREWORKS DISPLAY SPECTACULAR EVENT”.

Executive Director's Recommendation:

Adopt Resolution No. HA 2025-02-146, entitled “A RESOLUTION OF THE BOARD OF DIRECTORS OF THE IRWINDALE HOUSING AUTHORITY AUTHORIZING AND APPROVING THE USE OF THE 10-ACRE SITE ON ALLEN DRIVE, ASSESSOR’S PARCEL NUMBER 8417-34-912, FOR THE CITY OF IRWINDALE’S JULY 4, 2025, FIREWORKS DISPLAY SPECTACULAR EVENT” by title only, with further reading waved.

Administrative Action:

Submitted/Prepared by:

Elizabeth Rodriguez, Public Services Director
Reviewed by:

Adrian R. Guerra, General Counsel
Kambiz Borhani, Finance Director / Treasurer
Approved by:

Julian A. Miranda, Executive Director

Background and Analysis:

For more than 20 years, the City of Irwindale has had its annual 4th of July Fireworks Display Show in different sections of the former Manning Pit site with the last few years on Assessor’s Parcel Number 8417-34-912, known as the Housing Authority owned 10-acre site on Allen Drive (10-Acre Site). The continuation of this show on the 10-acre property requires approval from the Housing Authority Board to use the site.

It is in the best interest of the community to allow for the use of the 10- Acre Site because the City of Irwindale’s 4th of July events allow residents and community members the opportunity to safely celebrate 4th of July in the City Parks with their families and friends while ending the night with a Fireworks Display Spectacular. The 4th of July Spectacular Fireworks Show has been a part of the City of Irwindale’s annual celebration for more than two decades.

It is therefore recommended that the Board of Directors adopt Resolution No. HA 2025-02-146, entitled, “A RESOLUTION OF THE BOARD OF DIRECTORS OF THE IRWINDALE HOUSING AUTHORITY AUTHORIZING AND APPROVING THE USE OF THE 10-ACRE SITE ON ALLEN DRIVE, ASSESSOR’S PARCEL NUMBER 8417-34-912, FOR THE CITY OF IRWINDALE’S JULY 4, 2025 FIREWORKS DISPLAY SPECTACULAR EVENT.”
Fiscal Impact:

None.

Attachments:

1. Housing Authority Approval of Property Use for Fireworks Show - RESOLUTION

01005.0013/875590.1 Resolution No. HA 2025-02-146

RESOLUTION NO. HA 2025-02-146

A RESOLUTION OF THE BOARD OF DIRECTORS OF THE IRWINDALE HOUSING AUTHORITY AUTHORIZING AND APPROVING THE USE OF THE 10-ACRE SITE ON ALLEN DRIVE, ASSESSOR’S PARCEL NUMBER 8417-34-912, FOR THE CITY OF IRWINDALE’S JULY 4, 2025 FIREWORKS DISPLAY SPECTACULAR EVENT WHEREAS, the Irwindale Housing Authority (“Authority”) is the fee owner of a 10- acre parcel of property located on Allen Drive, Assessor’s Parcel Number 8417-34-912, commonly referred to as the 10-Acre Site; and
WHEREAS, the City of Irwindale has for the last few years held its annual 4th of July Fireworks Display Show on the 10-Acre Site; and
WHEREAS, it is in the best interest of the community to allow for the use of the 10-Acre Site because the City of Irwindale’s 4th of July events provides residents and community members the opportunity to safely celebrate 4th of July in the City Parks with their families and friends while ending the night with a Fireworks Display Spectacular. The 4th of July Spectacular Fireworks Show has been a part of the City of Irwindale’s annual celebration for more than two decades; and
WHEREAS, the Board of Directors of the Irwindale Housing Authority desires to authorize and approve the use of the 10-Acre Site for the City of Irwindale’s July 4, 2025 Fireworks Display Spectacular Event.

NOW, THEREFORE, the Board of Directors of the Irwindale Housing Authority does hereby resolve, determine, and order as follows:

SECTION 1. The foregoing recitals are true and correct and incorporated herein by this reference.

SECTION 2. The Board of Directors of the Irwindale Housing Authority hereby approves and authorizes the City of Irwindale to use the 10-Acre Site, Assessor’s Parcel No. 8417-34-912, for the City’s July 4, 2025 Fireworks Display Spectacular Event. Such authorization shall include all required procurement of services and necessary use of the 10-Acre Site for the July 4, 2025 event, including taking all actions reasonably necessary to carry out the intent and purpose of this Resolution.

SECTION 3. The Chief Authority Assistant Secretary shall certify to the passage and adoption of this resolution, and the same shall thereupon take effect and be in force.

PASSED, APPROVED, AND ADOPTED this 12th day of March 2025. _______________________________
Larry G. Burrola, Authority Chair

Resolution No. HA 2025-02-146

ATTEST
_________________________
Laura M. Nieto, MMC
Chief Authority Assistant Secretary
STATE OF CALIFORNIA }
COUNTY OF LOS ANGELES } ss.

CITY OF IRWINDALE }
I, Laura M. Nieto, Chief Authority Assistant Secretary of the Irwindale Housing Authority, do hereby certify that the foregoing Resolution No. HA 2025-02-146 was adopted at a regular meeting of the Irwindale Housing Authority held on March 12, 2025, by the following vote:

AYES: Authority Member:

NOES: Authority Member:

ABSENT: Authority Member:

ABSTAIN: Authority Member:
_______________________________
Laura M. Nieto, MMC
Chief Authority Assistant Secretary
Irwindale Housing Authority

IRWINDALE CITY COUNCIL CHAMBERS DECEMBER 11, 2024
5050 N. IRWINDALE AVENUE WEDNESDAY
IRWINDALE, CALIFORNIA 91706 8:27 P.M.

The Irwindale RECLAMATION AUTHORITY met in regular session at the above time and place.

ROLL CALL: Present: Board Members Albert F. Ambriz, Mark A. Breceda, Manuel R. Garcia; Vice Chair H. Manuel Ortiz; Chair Larry G. Burrola Also present: Julian A. Miranda, Executive Director; Adrian Guerra, General Counsel; Theresa Olivares, Assistant Executive Director; Christopher Hofford, Chief of Police; Kambiz Borhani, Director of Finance / City Treasurer; Marilyn Simpson, Community Development Director; Elizabeth Rodriguez, Public Services Director; Eddie Chan, Director of Engineering / Building Official; Mary Hull, Human Resources Manager, and Laura Nieto, Chief Assistant Authority Secretary
AB 2449 DISCLOSURES None.

CONSENT CALENDAR
MOTION A motion was made by Board Member Ambriz, seconded by Vice Chair Ortiz, to approve the Consent Calendar, except for Item No. 44B, which was removed for separate consideration. The motion was unanimously approved.

ITEM NO. 44A MINUTES OF THE REGULAR MEETING HELD SEPTEMBER 11, MINUTES OF THE 2024

REGULAR MEETING
HELD SEPTEMBER 11, The minutes of the regular meeting held September 11, 2024, were 2024 approved.

ITEM NO. 44C INVESTMENT QUARTERLY REPORT FOR FISCAL QUARTER INVESTMENT ENDING SEPTEMBER 30, 2024

QUARTERLY REPORT
FOR FISCASL QUARTER The Investment Quarterly Report for the fiscal quarter ending ENDING SEPTEMBER September 30, 2024, was received and filed. 30, 2024

END OF CONSENT CALENDAR
ITEM NO. 44B 2024 FOURTH QUARTER MINING REPORT OF NINE (9) SMARA 2024 FOURTH PITS

QUARTER MINING
REPORT OF NINE (9)

SMARA PITS
VICE CHAIR ORTIZ Vice Chair Ortiz noted that there has been no progress for months in the development of a traffic signal at Azusa Canyon Road and Los Angeles Street and requested an update in writing. He stated that a

RECLAMATION AUTHORITY MINUTES DECEMBER 11, 2024
REGULAR MEETING PAGE 2
time limit should be set up for United Rock to comply with the development of the signal as soon as possible, to which Director Chan noted that easements from two separate owners are required before the signal could be developed, which has proven to be difficult. He advised that, once the two easements are obtained, United Rock can proceed with the installation. He added that staff has met with united Rock on a monthly basis on the matter.

VICE CHAIR ORTIZ Vice Chair Ortiz asked whether anything could be done to expedite the matter, to which General Counsel Guerra stated that they could reach out to speed things along.

MOTION A motion was made by Vice Chair Ortiz, seconded by Board Member Ambriz, to add this item to a future agenda and direct staff to reach out to see if the process to secure the two easements could be expedited. The motion was unanimously approved.

SPONTANEOUS
COMMUNICATIONS There were no speakers.

ADJOURNMENT There being no further business to conduct, the meeting was adjourned at 8:37 p.m.
_________________________
Laura M. Nieto, MMC
Chief Assistant Authority Secretary

Item #39.B.

Date: March 12, 2025
To: Honorable Chair and Members of the Reclamation Authority Board From: Julian A. Miranda, Executive Director
Issue: Investment Quarterly Report for Fiscal Quarter Ending December 31, 2024 Executive Director's Recommendation:

Receive and file the Investment Quarterly Report for the fiscal quarter ending December 31, 2024.

Administrative Action:

Submitted / Prepared by:

Kambiz Borhani, Finance Director / City Treasurer
Approved by:

Julian A. Miranda, City Manager / Executive Director
Background and Analysis:

California Government Code Section 53646 requires that the City Treasurer submit a quarterly report of investments (Investment Report) to the City Council/Board Members for review and compliance with the City’s adopted investment policy (City Investment Policy).

The City’s Investment Policy applies to all funds held by the City, Housing Authority, Successor Agency, and Reclamation Authority. The Reclamation Authority’s funds are included in the City’s cash and investment balances. The Investment Report for the quarter ending December 31, 2024, was presented to the City Council, Housing Authority, and Successor Agency Board on January 22, 2025. The Reclamation Authority Board was not scheduled to meet on that date, and therefore it is appropriate to present the same Quarterly Investment Report to the Reclamation Authority during their next regularly scheduled meeting.

The attached Investment Report summarizes the cash balances and investments as of December 31, 2024, for each agency. The City of Irwindale balance includes investments of all funds of the City and its agencies, including the Reclamation Authority, which are pooled to

maximize the interest yield. The cash balances in the general and money market accounts also include all funds of the City and its agencies, which also earn interest on the pooled cash balances. All investments comply with the City’s Investment Policy.

Fiscal Impact:

There is no fiscal impact of receiving and filing this report.

Attachments:

1. Investment Quarterly Report for Fiscal Quarter Ending December 31, 2024

PAR VALUE /

ORIGINAL
COST

CURRENT

YIELD TO

MATURITY

PURCHASE
DATE

MATURITY
DATE

MKT VALUE /
ENDING

BALANCE

INVESTMENT

RATINGS

CITY OF IRWINDALE (POOLED - ALL FUNDS, INCLUDING RECLAMATION AUTHORITY) BMO & WF GENERAL ACCOUNTS $ 5,512,531 2.01% $ 5,512,531 WF MONEY MARKET ACCOUNT $ 2,324,615 4.48% $ 2,324,615
LOCAL AGENCY INVESTMENT FUND (LAIF) $ 20,813,560 20,805,692

US GOVERNMENT AGENCIES
FEDERAL HOME LN BKS CONS BD (FHLB) $ 5,000,000 0.52% 07/28/21 01/28/25 $ 4,986,012 Aaa / AA+ FEDERAL FARM CR BKS CONS SYSTEMWIDE (FFCB) 5,000,000 0.58% 06/23/21 06/23/25 4,908,628 Aaa / AA+ FEDERAL FARM CR BKS CONS SYSTEMWIDE (FFCB) 3,000,000 0.90% 06/15/21 06/15/26 2,854,340 Aaa / AA+ FEDERAL HOME LN BKS CONS BD (FHLB) 5,000,000 1.00% 06/30/21 06/26/26 4,762,110 Aaa / AA+ FEDERAL HOME LN BKS CONS BD (FHLB) 5,000,000 0.50% 06/30/21 06/30/26 4,760,105 Aaa / AA+ FEDERAL FARM CR BKS CONS SYSTEMWIDE (FFCB) 5,000,000 0.87% 07/28/21 07/28/26 4,735,609 Aaa / AA+ FEDERAL HOME LOAN BANK (FHLB) 5,000,000 0.50% 07/29/21 07/29/26 4,758,771 Aaa / AA+ FEDERAL HOME LOAN BANK (FHLB) 1,000,000 3.28% 08/29/22 02/22/27 949,910 Aaa / AA+ FEDERAL FARM CREDIT Bank (FFCB) 1,000,000 4.94% 11/28/23 07/28/25 1,003,095 Aaa / AA+ FEDERAL HOME LOAN BANK (FHLB) 1,000,000 4.91% 12/18/23 12/12/28 998,491 Aaa / AA+ FEDERAL NATIONAL MORTGAGE ASSOCIATION (FNMA) 2,000,000 4.21% 10/24/24 10/22/29 1,967,020 Aaa / AA+ Sub-Total US Government Agencies: $ 38,000,000 $ 36,684,089

MUNICIPAL BONDS
CALIFORNIA STATE TAXABLE 1,000,000 4.30% 01/09/23 10/01/26 1,021,977 Aa2 / AACOAST COMMUNITY COLLEGE DISTRICT CALIFORNIA 1,000,000 4.22% 02/09/23 08/01/26 969,610 Aa1 / AA+ CALIFORNIA STATE TAXABLE 1,000,000 4.00% 04/26/23 04/01/28 970,615 Aa2 / AAUNIVERSITY OF CALIFORNIA 1,000,000 3.90% 05/17/23 05/15/27 931,466 Aa2 / AA CALIFORNIA STATE TAXABLE 1,000,000 4.48% 07/13/23 04/01/28 970,615 Aa2 / AACITY OF LOS ANGELES 2,190,000 4.85% 09/28/23 09/01/28 1,990,292 Aa2 / AA CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY 1,600,000 4.69% 12/01/23 06/01/28 1,498,378 Aa3 / AACALIFORNIA STATE UNIVERSITY 2,000,000 4.45% 12/08/23 11/01/28 1,784,270 Aa2 / AA SAN DIEGO CALIFORNIA TAXABLE BONDS 1,320,000 4.79% 01/11/24 06/01/27 1,295,142 A / A2 WEST CONTRA COSTA CALIFORNIA SCHOOL DISTRICT 1,000,000 4.10% 01/18/24 08/01/27 928,998 Aa2 / AA SAN DIEGO CALIFORNIA TAXABLE BONDS 1,000,000 4.78% 01/11/24 06/01/28 974,211 A / A2 ALAMEDA COUNTY CALIFORNIA TAXABLE BONDS 1,000,000 4.05% 01/18/24 08/01/28 970,554 Aaa / AAA SAN JOSE REDEVELOPMENT AGENCY TAXABLE 1,390,000 4.36% 02/12/24 08/01/28 1,316,112 AA/AA+ CALIFORNIA STATE TAXABLE 1,000,000 4.74% 04/19/24 02/01/28 921,142 Aa2 / AACALIFORNIA STATE TAXABLE 1,000,000 4.73% 04/19/24 04/01/29 941,792 Aa2 / AAUNIVERSITY OF CALIFORNIA 1,000,000 4.40% 07/01/24 07/01/29 948,281 Aa2 / AA CITY OF LOS ANGELES 2,000,000 4.50% 07/09/24 09/01/27 2,075,533 Aa2 / AA CITY OF LOS ANGELES 1,000,000 3.70% 09/03/24 09/01/29 1,055,849 Aa2 / AAA CALIFORNIA STATE TAXABLE 1,000,000 3.75% 09/03/24 09/01/29 1,023,761 Aa2 / AASANTA MONICA-MALIBU, CA UNIFIED SCHOOL DISTRICT 1,000,000 3.94% 10/10/24 08/01/27 919,769 Aa1 / AA+ SAN BERNARDINO COMMUNITY COLLEGE DISTRICT 1,000,000 3.93% 10/10/24 08/01/28 912,899 Aa1 / AA REDONDO BEACH UNIFIED SCHOOL DISTRICT 1,000,000 3.94% 10/10/24 08/01/29 878,585 Aa2 BEVERLY HILLS PUBLIC FINANCING 1,000,000 4.01% 10/10/24 06/01/26 955,263 Aaa / AAA Sub-Total Municipal Bonds: $ 27,500,000 $ 26,255,115

CORPORATE BONDS
WELLS FARGO & COMPANY $ 2,000,000 6.25% 10/21/22 10/21/27 $ 2,015,137 A1 / BBB+ TOYOTA MOTOR CREDIT CORPORATION 1,000,000 5.00% 11/10/22 10/16/25 971,320 A1 / A+ BANK OF AMERICA CORPORATION 2,000,000 5.08% 12/19/23 01/20/27 2,005,702 A1 / AAPPLE, INC. 1,500,000 4.25% 02/02/24 02/08/26 1,441,257 Aaa / AA+ APPLE, INC. 1,500,000 4.10% 02/02/24 02/09/27 1,469,806 Aaa / AA+ MICROSOFT CORPORATION 1,000,000 4.30% 02/06/24 09/15/26 983,888 Aaa / AAA INTEL CORPORATION 1,000,000 4.40% 02/06/24 05/11/27 959,158 A2 / A WALMART, INC 1,000,000 4.25% 02/12/24 04/15/28 981,689 Aa2 / AA 3M COMPANY 1,000,000 4.80% 02/12/24 09/14/28 966,777 A1 / BBB+ AMERICAN HONDA FINANCE 1,000,000 5.29% 10/24/24 10/05/26 1,003,040 Aa2 / AA WELLS FARGO & COMPANY 2,000,000 5.00% 12/02/24 12/02/29 1,981,266 A1 / BBB+ Sub-Total Corporate Bonds: $ 15,000,000 $ 14,779,039

CERTIFICATES OF DEPOSIT
UBS BANK USA $ 245,000 3.40 % 08/31/22 09/02/25 $ 243,821 FDIC Insured AMERICAN EXPRESS NATIONAL BANK 245,000 3.35 % 08/31/22 09/02/25 243,641 FDIC Insured COMMUNITY BANK OF THE BAY 245,000 3.50 % 08/31/22 08/31/27 241,880 FDIC Insured CAPITAL ONE BANK USA 245,000 3.45 % 08/31/22 08/31/27 241,568 FDIC Insured CAPITAL ONE NATIONAL ASSN VA 245,000 3.45 % 08/31/22 08/31/27 241,568 FDIC Insured ALLY BANK 245,000 3.35 % 09/01/22 09/01/26 242,239 FDIC Insured SYNCHRONY BANK 245,000 3.45 % 09/02/22 09/02/27 241,561 FDIC Insured MEDALLION BANK 245,000 3.25 % 09/07/22 09/08/25 243,523 FDIC Insured DR BANK 245,000 3.60 % 09/09/22 09/09/26 243,193 FDIC Insured MORGAN STANLEY BANK 245,000 3.45 % 09/09/22 09/09/27 241,539 FDIC Insured MORGAN STANLEY BANK 245,000 3.45 % 09/09/22 09/09/27 241,539 FDIC Insured TRADITIONAL CAPITAL BANK 245,000 3.30 % 09/14/22 03/13/26 242,648 FDIC Insured PONCE BANK 245,000 3.35 % 09/14/22 09/14/27 240,876 FDIC Insured FIRST NATIONAL BANK 245,000 3.45 % 09/19/22 09/20/27 241,504 FDIC Insured FIRST WESTERN TRUST BANK 245,000 4.55 % 01/06/23 01/06/28 245,103 FDIC Insured PARK STATE BANK 245,000 4.45 % 07/19/23 07/19/28 253,788 FDIC Insured DISCOVER BANK 245,000 4.55 % 07/19/23 07/17/28 254,663 FDIC Insured COMENITY CAPITAL BANK 245,000 4.45 % 07/26/23 07/26/28 248,634 FDIC Insured BANK HAPOALIM BM NY 245,000 5.30 % 11/20/23 05/20/25 245,955 FDIC Insured BANK OF AMERICA, N.A. 245,000 5.30 % 11/22/23 11/24/25 247,615 FDIC Insured SAUK VALLEY BANK & TRUST 245,000 5.00 % 11/22/23 11/24/25 246,894 FDIC Insured BMW BANK NORTH AMERICA 245,000 4.90 % 11/17/23 11/17/28 252,809 FDIC Insured TRUSTAR BANK 245,000 4.75 % 11/22/23 11/22/28 251,584 FDIC Insured STATE BANK INDIA 245,000 5.00 % 11/24/23 11/24/28 256,453 FDIC Insured HENDERSON STATE BANK 245,000 5.00 % 11/28/23 11/28/25 246,995 FDIC Insured CROSSFIRST BANK 245,000 5.20 % 04/05/24 01/06/25 245,030 FDIC Insured TEXAS EXCHANGE BANK 245,000 5.10 % 04/05/24 04/05/29 245,113 FDIC Insured Sub-Total Certificates of Deposit: $ 6,615,000 $ 6,631,734

SUPRANATIONALS
INTERNATIONAL FINANCE CORPORATION 1,000,000 4.36% 04/05/24 03/27/29 $ 997,518 Aaa / AAA Sub-Total Supranationals: $ 1,000,000 $ 997,518
Total City of Irwindale Investments (Pooled Funds): $116,765,706 $ 113,990,334 HOUSING AUTHORITY (Funds 11 & 12)
BMO & WF GENERAL ACCOUNTS $ 887,934 2.01% $ 887,934
LOCAL AGENCY INVESTMENT FUND (LAIF) 4,223,623 0.00% 4,222,026 $ 5,111,556 $ 5,109,960
SUCCESSOR AGENCY (Funds 50-66)
BMO & WF GENERAL ACCOUNTS $ 1,082,100 2.01% $ 1,082,100 BANK OF THE WEST MONEY MARKET ACCOUNT 0 0
LOCAL AGENCY INVESTMENT FUND (LAIF) 1,183,938 0.00% 1,183,490 $ 2,266,038 $ 2,265,591
GRAND TOTAL OF INVESTMENTS $124,143,301 $ 121,365,884
Approved by _____________________________________ Kambiz Borhani, Finance Director / City Treasurer This investment portfolio is in conformity with the City of Irwindale's Investment Policy which was approved by City Council on June 12, 2024.

The City Treasurer's cash management program and cash flow analysis indicates that sufficient liquidity is on hand to meet estimated future expenditures for a period of six months. The weighted average of maturity of the City's pooled investment portfolio is 1.62 years, and the weighted average yield of the City's pooled investments at cost is 2.37%. Market prices of securities are obtained directly through Bank Statements. Due to timing, BMO Bank (formerly known as Bank of the West) and Wells Fargo Bank ("WF") General Account balances are combined and pre-reconciled and yield rates are based on negotiated earnings credit.

INVESTMENT REPORT
December 31, 2024

CITY OF IRWINDALE

SECURITY DESCRIPTION
K. Borhani

Item #39.C.

Date: March 12, 2025
To: Honorable Mayor and Members of the Reclamation Authority Board From: Julian A. Miranda, Executive Director
Issue: 2025 1st Quarter Mining Report of Nine (9) SMARA Pits Executive Director's Recommendation:

Receive and file this report.

Administrative Action:

Submitted by:

Eddie Chan, Authority Engineer/Building Official
Prepared by:

Francisco Carrillo, Construction Compliance Manager
Reviewed by:

Kambiz Borhani, Finance Director / City Treasurer
Approved by:

Julian A. Miranda, Executive Director
Background and Analysis:

The table below summarizes the 2025 first quarter estimated mining production of five (5) pits

governed by the Surface Mining and Reclamation Act of 1975 (SMARA Pits) currently conducting mining activity in the City.

Mine Site Estimated Production December 2024
through February 2025 (Tons)
Estimated
Remaining
Reserve (Tons)
Lehigh Hanson Pit 361,569 48,492,217
Peck Road Gravel Pit No Production 93,000
Vulcan Reliance I No Production 21,111,988
Vulcan Durbin 477,000 26,378,328
Olive Pit 314,144 24,854,352
A total of approximately 1,152,713 tons of material were produced during the reporting period, December 2024 through February 2025, from the five (5) SMARA Pits listed above. This is approximately 211,449 tons less than reported in the previous quarter.

Below is a summary of the first quarter and current activity of the remaining four (4) SMARA Pits in the City.

Mine Site Status Activity
United Pit No. 2 Under Reclamation Fill Operations for Mine Reclamation
United Pit No. 3 Under Reclamation * Fill and Operations Plan (FOP) Westerly Slope Remediation
United Pit No. 4 Active Processing Plant
Azusa Western Pit Idle (IMP) Inactive
* United Pit No. 3 has acquired a remediation/grading permit to repair the westerly slopes of the pit and mark the initial steps of the pit’s reclamation. Thus, no further production will be pursued, and the IMP that was under review is now void.

During the 2025 first quarter reporting period, reclamation activity was reported from three (3) SMARA Pits. The following is a summary of the reclamation activity at these three SMARA Pits:

Mine Site
Estimated Fill Placed
December 2024 through
February 2025 (C.Y.)
Lehigh
Hanson Pit
No fill placed this quarter
United Pit
No. 2
93,716.67
Vulcan
Durbin Pit
116,495

As to the status of the city-owned Olive Pit, CA Mine ID # 91-19-0052:

The design of the traffic signal at the intersection of Azusa Canyon Road and Los Angeles Street remains at 90% completion and is contingent on the acquisition of two easements. The acquisition of the easement located at the southeast corner lies within West Covina’s jurisdiction and is scheduled for approval by the City Council of the City of West Covina at its meeting on March 18, 2025. The easement located on the east leg of the subject intersection is in the review process for acquisition.

Currently, a draft easement agreement has been routed between the City of Irwindale and the easement owner for comments, approval, and execution.

Fiscal Impact:

None.

Attachments:

None