Lindsay City Council
September 25, 2023

LINDSAY CITY COUNCIL

SPECIAL MEETING AGENDA
City Hall, 251 E. Honolulu St., Lindsay, CA 93247
Notice is hereby given that the Lindsay City Council will hold a Special Meeting on September 25, 2023, at 6:30 PM in person and via webinar. The webinar address for members of the public is https://zoom.us/j/99279557087. Those who would like to make a public comment during the public comment portion of the agenda may do so by utilizing the raise hand feature or indicating they would like to make a comment in the chat.

Persons with disabilities who may need assistance should contact the City Clerk prior to the meeting at (559) 562-7102 ext. 8034 or via email at [email protected].

1. CALL TO ORDER

2. ROLL CALL

3. PLEDGE
Led by Mayor CERROS.

4. APPROVAL OF AGENDA

5. PUBLIC COMMENT
The public is invited to comment on any subject under the jurisdiction of the Lindsay City Council. Please note that speakers that wish to comment on a Regular Item or Public Hearing on tonight’s agenda will have an opportunity to speak when public comment for that item is requested by the Mayor. Comments shall be limited to three (3) minutes per person, with thirty (30) minutes for the total comment period, unless otherwise indicated by the Mayor. The public may also choose to submit a comment before the meeting via email. Public comments received via email will be distributed to the Council prior to the start of the meeting and incorporated into the official minutes; however, they will not be read aloud. Under state law, matters presented under public comment cannot be acted upon by the Council at this time.

6. STUDY SESSION

6.1 Fiscal Year 2023 – 2024 Operating Budget and the Fiscal Years 2024 – 2029 Five-Year Capital Improvement Plan and Fiscal Year 2021 – 2022 Annual Comprehensive Financial Report (ACFR) Study Session (pp. 3 – 224)
Presented by Salvador Guzman, Director of Finance and
Joseph M. Tanner, City Manager

7. EXECUTIVE (CLOSED) SESSION

7.1 Conference With Legal Counsel – Anticipated Litigation Significant Exposure to Litigation Pursuant to Cal. Gov. Code §54956.9(d)(2): One (1) Case September 25, 2023 Special Meeting of the Lindsay City Council

8. ADJOURNMENT
Lindsay City Council meetings are held in the City Council Chambers at 251 E. Honolulu Street in Lindsay, California beginning at 6:00 P.M. on the second and fourth Tuesday of every month unless otherwise noticed. Materials related to an Agenda item submitted to the legislative body after distribution of the Agenda Packet are available for public inspection in the office of the City Clerk during normal business hours. Complete agenda is available at www.lindsay.ca.us. In compliance with the Americans with Disabilities Act & Ralph M. Brown Act, if you need special assistance to participate in this meeting, or to be able to access this agenda and documents in the agenda packet, please contact the office of the City Clerk at (559) 562-7102 x 8034. Notification prior to the meeting will enable the City to ensure accessibility to this meeting and/or provision of an alternative format of the agenda and documents in the agenda packet.

September 25, 2023 Special Meeting of the Lindsay City Council

CITY OF LINDSAY
Proposed
Operating Budget
September 25, 2023 Special Meeting of the Lindsay City Council Page 1 of 134 Fiscal Year 2023-2024

Table of Contents
How to Use this Budget (pp. 3 – 4)
Message from the City Manager (pp. 5 – 8)
Community Overview (p. 9)
City Organization (pp. 10 – 26)
City Council (pp. 11– 14)
City Officials (pp. 15 – 16)
City Manager (pp. 17 – 18)
Public Safety (pp. 19 - 20)
Finance (pp. 21 – 22)
City Services (pp. 23 – 24)
Recreation | Wellness and Aquatic Center (pp. 25 – 26)
Personnel Information (pp. 27 – 36)
Fund Structure (pp. 37 – 38)
Levels of Budgetary Control (pp. 39 – 40)
Fund Summaries (p. 41)
Financials (pp. 42 – 117)
Appendix (pp. 118 – 134)
Capital Improvement Plan Fiscal Years 2024 – 2029 (118 – 134) September 25, 2023 Special Meeting of the Lindsay City Council Page 2 of 134

How to Use this Budget
The details provided in this budget document are a snapshot of the financial health and community priorities of the City of Lindsay. This budget has been designed to deliver information clearly and concisely regarding the management of public funds. This document explains the services, objectives and spending plan for the 2023 – 2024 fiscal year and including all debt obligations and other vital information about the operations of the City. This document provides the design by which resources have been allocated to meet the needs of Lindsay residents in a manner that balances City revenues with community priorities and municipal requirements.

To help in your search for information, this budget document has been separated into the individual sections listed below. The following is a brief description of each prominent section:

Message from the City Manager
This section includes an Executive Summary presented by the City Manager to the Lindsay City Council and Lindsay Residents which provides an overview of the recommended budget and provides a narrative description of the fiscal health of the City as well as the general economic outlook for the upcoming fiscal year.

Community Overview
This section provides general information about the City of Lindsay.

City Organization
This section outlines department staffing levels and organizational impacts by department.

PersonnelInformation
The Personnel Section includes various charts and graphs that provide a detailed list of all employee positions and allocations for the upcoming fiscal year.

Annual Report
The Annual Report summarizes the forecasted revenues, expenses, debt, and personnel for the coming fiscal year.

Financials
The Financials section provides a detailed account of each fund’s estimated resources and appropriations for the 2023 – 2024 fiscal year. The City’s estimates for revenues are conservative and make assumptions based on current knowledge of impending circumstances.

Appropriations for expenditures are similarly conservative and are based on current service September 25, 2023 Special Meeting of the Lindsay City Council Page 3 of 134

levels and known obligations.

Appendix
Included in the budget document as an appendix is the City of Lindsay’s Five‐Year Capital Improvement Plan.

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Message from the City Manager
July 1, 2023
Esteemed Mayor, Members of the Council and the General Public, It is my honor to present the Fiscal Year 2023 – 2024 Operating Budget. Before we begin, I want to thank all the staff, reserves, and volunteers for the City of Lindsay. It is because of them that the City can provide essential services and support to the community. Their commitment and dedication to the job is unmatched. Only when they are successful at their duties and assignments, we can be successful.

Over the past decade, the City of Lindsay has navigated several financial issues and challenges.

These challenges have been driven by a variety of factor, including rising costs, declining revenues, and unexpected expenses. Some of these still plague the City and will continue to impact the City’s financials for years to come. In addition, we are operating in a post COVID-19 world which has presented its own set of unique challenges. Record inflation, more difficulties in hiring quality staff, changes to residents’ behavior when it comes to shopping and lifestyle choices. Despite these hurdles, we have remained dedicated to maintaining essential services and infrastructure for our community. Over the past three years the City has improved our financial situations considerable, thanks in large part to our own residents, Council, and staff.

The passage of Measure O, cannabis, increases property values, and permit revenue have resulted in expanded services and allowed staff to accomplish many goals. Below I will outline our accomplishments, project priorities and issues going forward for this budget cycle.

Notable Accomplishments
• Improved Financial stability for the General Fund
• Opening of the City’s first Dog Park
• Expanded Public Safety Reserve and Volunteer programs • Approval of the O’Hara Ranch Mini Storage Facility
• Approval of the Sierra Vista Landscaping project
• Sale of the McDermont Property
• Hired Director of Recreation
• Entered PRISM Risk Management Joint Powers Authority
• Updated User Fees
• Completed and Adopted a Cost Allocation Plan
• Fully implemented recommendations from the State Audit Report 2020-804 • Purchased 122 E. Honolulu St. & 190 Elmwood Ave.
• $298,000 dollars given to Lindsay families for Mortgage, Rent & Utilities • Santa Night, Tree Lighting, and several community events September 25, 2023 Special Meeting of the Lindsay City Council Page 5 of 134

Sales Tax
Positive revenue trends for sales and use tax, including the voter-approved additional one percent (1%) tax imposed on retail transactions to fund general fund services are expected to continue for Fiscal Year 2023 – 2024.

The following two charts display the City’s historical revenue for all sales and use tax received by the City and anticipated future trends. The trends are strong indicator or our local economy.

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Staffing
One of the hurdles we've encountered is the increasing difficulty in hiring and retaining highly qualified staff in today's competitive job market. To continue providing top-notch services, we must invest in our workforce and offer competitive compensation packages that attract the best talent to serve our city.

Inflation
The record-high inflation rates in recent months have put additional strain on our budget and ability to fund projects accordingly. The rising costs of labor, goods and services have impacted our ability to effectively allocate resources. We are carefully monitoring this situation and are committed to making fiscally responsible decisions to mitigate the effects of inflation on our operations.

Key Project Priorities
In this budget, we are prioritizing projects that will enhance the quality of life for our residents and improve the overall infrastructure of our city. These projects include:

Olive Bowl/Kaku Park Renovation: We recognize the importance of our community spaces, and we are allocating funds for the renovation of Olive Bowl/Kaku Park to create a vibrant and welcoming recreational area for all to enjoy.

Street Projects: Maintaining our roadways is essential for the safety and mobility of our residents. We are investing in street projects to ensure our transportation infrastructure remains in excellent condition.

Building a Transit Center: Addressing transportation needs is a top priority. We are working towards building a transit center that will improve public transportation options and connectivity within our city and the rest of the County.

Sustainability of the Water Fund: We understand the critical issue of our water fund's financial imbalance. Relying on the general fund to support the water fund is unsustainable and places us in a precarious position. We are committed to developing a long-term plan to stabilize the water fund and ensure it operates independently without burdening the general fund.

Downtown Mixed-Use Project: This project aims to revitalize our downtown area, creating a vibrant hub for business, culture, and community. It will involve the development of mixed-use buildings that include commercial spaces, residential units, and public amenities to make our downtown area more attractive and economically vibrant.

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In closing
The City still faces significant challenges including escalating CalPERS and insurance costs, lack of operating and capital reserves. To that end, management will focus on key objectives for the Fiscal Year 2023 – 2024, including investing in staff training, continuing to support economic development by creating more opportunities, and pursuing new and innovative policies, procedures, and strategies for expanding our public services all while staying on budget. And as always, staff will continue to monitor the City’s financial position and provide regular updates to leadership and the Lindsay community.

I am proud of the achievements Staff and City Council has made by working together to overcome the unique obstacles faced by the City of Lindsay and I look forward to continuing to serve this community.

Sincerely,
Joseph M. Tanner
City Manager
September 25, 2023 Special Meeting of the Lindsay City Council Page 8 of 134

Community Overview
The City of Lindsay incorporated as a General Law City
of the State of California in 1910 and laterreclassified and filed as a Charter City of the State of California in 1996. Lindsay is situated in an agricultural area,
nestled in the East of the Central Valley in a region
known as a national and world leader in the
agricultural output. The City of Lindsay currently
occupies an incorporated area of 2.41 square miles with an urban development boundary of 3.9 square miles
and serves a population of nearly 14,000 residents
(2022).

Location

2.5 Square Miles (Incorporated)

3.9 Square Miles (Urban
Development Boundary)
Lindsay is a small city with a lot to offer. A significant portion of Lindsay’s workforce is employed in
agricultural or agricultural‐adjacent enterprises. This heavy focus on agriculture has cultivated a quality,
resilient workforce that is simultaneously more
resilient to the economic swings than other workforces
and industries.

In addition to Agriculture, as Lindsay’s historically
predominate economic activity, the City is actively
engaged in revitalizing its Downtown Business
District, supporting local business, and attracting
exciting new ventures, particularly in the cannabis
industry.

The City of Lindsay is also home to a world‐renowned
school district. Lindsay Unified School District boasts a school climate index score in the 99th percentile, and it is revolutionary in its innovate learner‐center model. The City of Lindsay also has a lot to offer to residents who value an affordable housing market in a family‐focused
community, with proximity to larger cities,
entertainment, and recreation. The City of Lindsay has
Sequoia National Park and various reserves, hiking
trails, and cycling routes in its backyard.

Urban conveniences along with modern living in a
rural environment make Lindsay a truly desirable
community in which to live, work and play.
% of Population by Race and Ethnicity
Hispanic / Latino Non‐Hispanic / Latino
Asian .07% .90%
Black 0% .42%
Native American .41% .07%
Other 13.90% 0%
Two or More
Races .79% .47%
White Alone 71.81% 11.16%
Participation in civilian labor force – 16 years
and above

58.5%
Median Household Income
$37,073
Median value of housing units
$189,700
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City Organization
The City of Lindsay operates in accordance with the City Council‐City Manager form of government as specified by the Lindsay City Charter. The five‐member Council is elected‐at‐large by City residents; the Mayor and Mayor Pro Tem are then selected by their fellow Council members. The Council is charged with setting the policy and priorities for the City and the City Manager is then tasked with ensuring that these polices, and priorities are implemented by City staff. Both City Council and City Management are held to the highest levels of ethical behavior and integrity in fiscal management. The chart below provides a graphic representation of the City of Lindsay’s organizational structure and the positions within it.

City of Lindsay Organization Chart
September 25, 2023 Special Meeting of the Lindsay City Council Page 10 of 134

City Council
Mission
The mission of the City of Lindsay is to deliver quality services in a financially sustainable, transparent manner while prioritizing safety, infrastructure, community, and quality of life.

Department Overview
The City Council represents the will of Lindsay residents and is collectively responsible for crafting policy as well as authorizing the expenditure of funds to achieve said will as a governing body. Under the Council‐Manager form of government, the Council consists of five council members elected at large in staggered four‐year terms. The Council's duties include but are not limited to: providing the residents of Lindsay with essential services such as public safety, clean drinking water and drivable roads; overseeing and authorizing spending for essential municipal services; participating in regional organizations, boards, and committees; making provisions for, budgeting for, and providing adequate financial resources and physical facilities for a full range of quality City services and activities that equitably provide for the quality of life for all economic, social, ethnic and age groups within the City; and ensuring the overall well‐being of the City.

The City Council convenes on the second and fourth Tuesday of the month at 6:00 p.m. at 251 E.

Honolulu in Lindsay, California.

Fiscal Year 2022 – 2023 Accomplishments
Focusing on the City’s successes is important for maintaining and expanding upon the City’s momentum for positive change. As the City moves forward it is important to look back and recognize past accomplishments, as well as identify future potential for growth. While a comprehensive list of City Council accomplishments in fiscal year 2022 – 2023 is not feasible in this document, the following list provides some highlights from the year:
• Passed and adopted a user fee study and cost allocation plan to ensure 100% cost recovery. • Passed and adopted a new and improved cash-handling policy. • Improved the City’s financial stability.
• Approved the establishment of a Volunteer Fire and Police Program. • Approved the purchase of a new fleet for the Public Safety Department. • Approved the acquisition and sale of properties to further promote economic development. • Approved an agreement with the County of Tulare to repair Lindmore Street. • Hosted numerous events including Santa Night, Tree Lighting Festival, National Night Out, Family Camp Out, Kids Day, Movies in the Park, and Dive In Theatre, among many others.

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Fiscal Year 2023‐2024 Objectives
For Fiscal Year 2023‐2024, the City Council of Lindsay has identified five top priorities for the City.

Priority No. 1. Ensure the City is Fiscally Sustainable and Resilient.

Strategies:
• Operate City government in a fiscally responsible and prudent manner to ensure that the City of Lindsay makes sound fiscal decisions.
• Develop, update, and maintain fiscal policies to ensure appropriate oversight and best practices. • Review the City’s fees and rates schedule.
• Ensure that enterprise funds generate appropriate revenue and not a drag on the General Fund.

Priority No. 2. Provide a Safe, and Clean Community Environment for All.

Strategies:
• Increase Fire Department personnel.
• Explore additional training opportunities.
• Identify funding sources other than the General Fund for public safety equipment. • Work with community partners and other governmental agencies on crime prevention. • Ensure that the City of Lindsay is prepared for emergencies. • Engage and effectively respond to the Community’s safety concerns.

Goal 3. Expand the Economic Base in Lindsay.

Strategies:
• Grow the number of employment opportunities in Lindsay. • Assist business growth for existing businesses.
• Recruit retail and other sales or excess tax generating businesses. • Focus on the redevelopment of Downtown Lindsay
Goal 4. Invest in Critical Streets, Water, and Sewer Infrastructure.

Strategies:
• Continue to monitor drought conditions throughout the state and in the region. • Develop and maintain infrastructure resources to support sustainable growth. • Ensure funding is in place for long-term fiscal stability. • Make Community Faculties Districts part of all new projects. • Ensure City’s Street fee is accurate and updated on a regular basis. • Work with and partner with Tulare County on funding street projects that our residents use.

Goal 5. Improve the Quality of Life for People that Live and Work in Lindsay.

Strategies:
• Improve City’s water quality.
• Provide high quality recreation options for residents of all ages. • Fund Recreation activities without using General Fund. • Invest and redevelop parks.
• Continue to development important partnerships with Lindsay Unified School District and Lindsay.

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• Bring much needed housing, employment, youth, and family services to the residents of Lindsay.
• Determine potential recreation sites.
• Create a work environment for City employees that promotes and supports employee development, growth, and community
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Hipolito A. Cerros
Yolanda Flores
Rosaena Sanchez
Ramona Caudillo
Ramiro Serna
Mayor
Term: 2020-2024
[email protected]
Mayor Pro Tem
Term: 2022-2026
[email protected]
Council Member
Term: 2022-2026
[email protected]
Council Member
Term: 2020-2024
[email protected]
Council Member
Term: 2020-2024
[email protected]
Lindsay City Council
September 25, 2023 Special Meeting of the Lindsay City Council Page 14 of 134

City Officials
The City of Lindsay’s public officials oversee departmental operations and ensure strategic planning. Effective strategic planning involves an understanding of our community, who our residents are, and how well we are meeting their expectations and needs.

Joseph M. Tanner
City Manager
(559) 562‐7102 ext. 8010
[email protected]
Neyba Amezcua
Director of City Services and Planning
(559) 562‐7102 ext. 8040
[email protected]
Salvador Guzman
Director of Finance
(559) 562‐7102 ext. 8020
[email protected]
Richard Carrillo
Director of Public Safety
(559) 562‐2511 ext. 7121
[email protected]
Armando da Silva
Director of Recreation Services
(559) 562‐5196 ext. 8604
[email protected]
Curtis Cannon
Planning Manager
(559) 562-7102 ext. 8041
[email protected]
Joseph Avina
City Services Manager/Inspector
(559) 562-7102 ext. 8042
[email protected]
September 25, 2023 Special Meeting of the Lindsay City Council Page 15 of 134

Mari Carrillo
Human Resources and Risk Manager
(559) 562‐7102 ext. 8033
[email protected]
Francesca Quintana
City Clerk and Assistant to the City Manager
(559) 562‐7102 ext. 8034
[email protected]
September 25, 2023 Special Meeting of the Lindsay City Council Page 16 of 134

City Manager
Organization Chart
Mission
The goal of the Office of the City Manager is to ensure that all departments of the City are operating at optimal capacity to best serve the residents of the community. Through careful, proper, and professional administration, the City Manager seeks to exercise the will of the public represented by the City Council.

Department Overview
The City Manager is responsible for a variety of complex administrative duties. These duties include supporting City Council in the achievement of community goals; the administration of the City; overseeing all department heads; directing community relations efforts; and coordinating activities between other agencies such as the Federal, County, and State and neighboring municipalities.

The City Clerk and Assistant to the City Manager plays an auxiliary and integral role in ensuring that the Office of the City Manager is operating smoothly on a day-to-day basis. The City Clerk’s role and duties include disseminating public information; overseeing various projects; preparing materials for and facilitating City Council meetings; directing and implementing special projects, programs, and initiatives at the City Manager’s direction; supporting the County Elections Office; preparing various reports and recording and maintaining City Resolutions, Ordinances, and Municipal Code.

The Human Resources & Risk Manager is responsible for the administration of employee benefits, recruitment, training, personnel files, worker’s compensation, risk management, contract agreements including memorandums of understanding. The Human Resources & Risk Manager is responsible for promoting a positive and stable work environment for City employees and supporting the goals of the City to ensure the fair and equitable treatment of staff.

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Fiscal Year 2022 – 2023 Accomplishments
The City of Lindsay has made great strides over the last year under the joint guidance of the Lindsay City Council and the Office of the City Manager.

Notable accomplishments include but are not limited to:
• Improved Financial stability for the General Fund.
• Opening of the City’s first Dog Park.
• Hired a total of 47 individuals across various departments. • Approval of the O’Hara Ranch Mini Storage Facility.
• Approval of the Sierra Vista Landscaping project.
• Sale of the McDermont Property.
• Hired Director of Recreation Services.
• Entered PRISM Risk Management Joint Powers Authority. • Updated User Fees.
• Completed Cost Allocation Plan.
• Fully implemented recommendation in the State Audit Report 2020-804. • Adoption of a Long-term Financial Plan.
• Purchased 100 E. Honolulu St.
• $298,000 dollars given to Lindsay families for Mortgage, Rent & Utilities. • Santa Night & Tree Lighting events.

Objectives For Fiscal Year 2023 – 2024
The Office of the City Manager is responsible for implementing the objectives identified by the City Council. This requires effective collaboration with the City Council, Department Heads, staff, and the community.

Objectives include but are not limited to:
• Create a rolling Five Year Financial Forecast.
• Provide training opportunities for all employees.
• Update Personnel Rules and Regulations.
• Increase Personnel in Public Safety and City Services. • Continue Public Outreach.
• Start a quarterly newsletter.
• Complete Olive Bowl/Kaku Park.
• Continue to explore additional funding opportunities for the Lindsay Transit Center. • Stabilize the City’s Enterprise Funds.

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Public Safety
Organization Chart
Mission
The mission of the Lindsay Department of Public Safety is to ensure residents have an efficient and responsive police, fire, and animal control service, to maintain public safety and promote a healthy and positive quality of life, always with the best customer service.

Department Overview
The Lindsay Department of Public Safety is made up of three separate but equal and wellaligned components, managed by the Director of Public Safety. The Department encompasses full-time, reserve and volunteer police and fire personnel, along with animal control services.

Police, Fire and Animal Control, are closely supported by the department’s records unit and professional support staff. The records team is staffed with one full-time and one part-time employee, managed by an Administrative Supervisor. The law enforcement team is made up of two Lieutenants, four Sergeants, one Corporal and eleven Officers. Within these ranks are two School Resource Officers, one Detective, a Homeless Outreach Officer, multiple Field Training Officers and a Drone Operator in the near future. The department maintains a full-time fire service, with 24-hour coverage, consisting of a Fire Lieutenant, two Fire Apparatus Engineers, and five Volunteer Firefighters. Also among the departments staff is a Public Safety Chaplain who serves in a volunteer capacity.

The department aims to identify and solve problems throughout the community, maintain a proactive approach to crime, conduct proper follow up and improve the safety and quality of life of those that live, work or play in Lindsay.

The department’s staff prides itself on maintaining great working relationships with Lindsay residents and local community groups by providing excellent and efficient fire protection services, public safety protection services, and animal control services.

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Fiscal Year 2022 – 2023 Accomplishments
The Department of Public Safety achieved several of its goals this past fiscal year.

Notable accomplishments include but are not limited to:
• Full level staffing of 35 employees during the fiscal year. • Added multiple full-time, reserve, and volunteer positions. • Hosted a Community Police Academy, Memorial Day Service, Family Campout and Military Banner Program.
• Numerous building upgrades and built an employee wellness patio. • Established a trap, neuter and release program.

Objectives for Fiscal Year 2023 - 2024
The Department of Public Safety is responsible for ensuring that the Lindsay community is safe and implementing the objectives identified by the City Council.

Objectives include but are not limited to:
• Continue to host clinical debriefings after critical incidents. • Focus on advanced training and succession planning.
• Fund and hire additional personnel for increased fire services.

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Finance
Organization Chart
Mission
The Department of Finance is committed to the transparent communication of accurate financial information to City Council, other City departments, Lindsay residents, and the community at large. The department holds integrity, accountability, consistency, and transparency in the highest regard, and it promotes strategic financial planning and performance reporting that realizes the effective and efficient use of public funds.

Department Overview
The department it is responsible for general ledger accounting, banking and investment, debt management, governmental accounting and reporting, accounts payable and accounts receivable, as well as utility billing.

Fiscal Year 2022 – 2023 Accomplishments
The City of Lindsay has greatly improved its financial standing over the recent years under the joint guidance of the City Manager, City Council, and financial consultants.

Notable accomplishments include but are not limited to:
• Completely implemented recommendations within State Auditor Report 2020-804 • Updated its user fees to ensure 100% cost recovery
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• Adopted a new Cost Allocation Plan
• Updated its Cash Handling Policy
Objectives for Fiscal Year 2023 – 2024
The Finance Department aims to continue to provide support for the effective stewardship of City resources and yield a fiscally self-reliant city government while providing effective, basic municipal services in line with the objectives of the City Council.

Objectives include but are not limited to:
• Monitor, track, and comply with the funding requirements of the American Rescue Plan Act and other grant funding received.
• Maintain a strong internal control and low risk environment by managing the City’s financial resources in accordance with established budget and reserve policies. • Continue to provide regular budget updates to ensure the continued financial health of the City of Lindsay.
• Implement new policies and procedures to track and manage expenses across all departments. This includes reviewing current spending patterns, identifying areas for cost reduction, and enforcing a more efficient approval process for expenditures. By doing so, we aim to maximize available funds for critical operations and maintain a steady cash flow.

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City Services
Organization Chart
Mission
The mission of the City Services Department is to provide essential infrastructure and services to our community while maximizing the value of available resources. The department prioritizes in critical infrastructure, effective maintenance programs, and innovative solutions that improve the quality of life for Lindsay residents. The department strives to ensure the longterm sustainability and resilience of our community.

Department Overview
The City Services department manages the physical condition of the community and its environment. While some of the work that the department may do is out of public sight, as it heavily deals with underground infrastructure or is conducted at the treatment plants, much of the work is conducted in public sight. This work includes street repair projects and water and sewer projects.

The City Services Department is comprised of the following sub departments: maintenance, streets, parks, building, code enforcement, planning, engineering, water, wastewater, storm drain utilities, refuse services, land application site, and special districts.

Fiscal Year 2022 – 2023 Accomplishments
The City Services department has improved the state of the city and the quality of life of its residents in the recent years, all in line with the objectives of the City Council.

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Notable accomplishments include but are not limited to:

General Projects Street projects Water Projects
Re-roof project for Public Safety
and City Services Departments
Hermosa St Rehabilitation
Project (from Homassel to
Foothill)
Lafayette & Sycamore Water
Pipeline Project
Installed Outdoor Patio for
Public Safety Department
Procurement of Linda Vista
Loop Rehabilitation Project
Contract
Water Feasibility Study
West Hermosa Street Corridor
and Neighborhood
Enhancement Plan
Procurement of Valencia Street
Rehabilitation Project Contract
Well 11 Feasibility Study
Pedestrian Pathways Program Sierra Vista Landscaping Project Disinfection Byproducts PS&E Package
Lewis Creek Flooding Event
Cleanup and Response
Sewer Projects
Applied for $3M Grant for Cycle
II Clean California for Harvard
Park
Pump Upgrades
Objectives for Fiscal Year 2023 - 2024
The department aims to continue to provide high quality service to Lindsay residents while maintaining the functionality, safety, and sustainability of the City’s infrastructure in line with the goals and objectives of the City Council.

Objectives include but are not limited to:
• Addressing deferred maintenance in critical infrastructure, such as water and wastewater treatment facilities as well as roadways, to improve their condition and avoid further deterioration.
• Maintaining and improving existing infrastructure by assessing the condition of roads, water and wastewater treatment facilities, and other infrastructure assets to identify necessary repairs, upgrades, and maintenance.
• Optimize use of resources by managing budgets, staffing levels, and equipment efficiently to provide the highest quality services at the lowest possible cost. • Enhancing customer service by improving communication with residents, streamlining permit processes, and responding to inquiries and concerns in a timely and effective manner.

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Recreation | Wellness and Aquatic Center
Organization Chart
Mission
The Lindsay Wellness Center is the result of a continued valued partnership between the City of Lindsay and the Lindsay Local Hospital District. The Lindsay Wellness Center’s mission is three-pronged: (1) To provide resources and programming that educate and support our community and our members in leading healthy, active lives; (2) To promote wellness through physical health and fitness, as well as mental and social wellbeing; (3) To offer a friendly and safe environment for individuals of all ages to evolve in their journey toward optimal wellness.

Department Overview
The Wellness Center offers a variety of services in the areas of aquatics, fitness, and recreation. The Wellness Center boasts a state-of-the-art eight-lane swimming pool and a sloped-entry kiddie pool area; it offers pool rental to the community and serves as the home of the Lindsay High School Swim Team as well as the Lindsay Skimmers, a local competitive youth swim team. The Wellness Center pool provides a safe swim experience for the Lindsay Unified School District After School Program during school breaks. Various fitness and exercises classes are offered to members and non-members, as well as a full gym with various exercise machines and a free weights area. The Wellness Center is also proud to house Pro-PT Physical Therapy and OMNI Family Health as valued tenants.

In addition to the offerings found at the Wellness Center, the Recreation Department oversees other facilities around town such as the Olive Bowl, Harvard Park, and the Lindsay Sports Complex. Special community events include Summer Night Lights, Family Campout, Movies in the Park, Dive-in Theatre, Floating Pumpkin Patch, National Night Out, and Swim Lessons.

September 25, 2023 Special Meeting of the Lindsay City Council Page 25 of 134

Fiscal Year 2022 – 2023 Accomplishments
The Lindsay Recreation Department had many of its first this past fiscal year. The department was able to provide affordable activities, programs, and events with the help of partnerships and sponsorships in the community.
• Hosted Lindsay’s first ever Pumpkin Carving Party, Winter Coat Drive, and opened Lindsay’s first Lindsay Kiwanis Paw (Dog) Park.
• Revamped swim lessons to provide a better and overall organized experience for its clients. Current activities, programs, and events are provided and held at their highest level at the Wellness Center.
• Renovated and upgraded the Wellness Center facility.
• Completed several Capital Outlay Projects; new water heaters; upgrade of new facility water heaters; replaster of Competition Pool/Lap Swim Pool, retrofit lighting, upgrade of new facility lighting.

Objectives for Fiscal Year 2023 - 2024
The Recreation Department has identified top objectives for the upcoming fiscal yea to improve the quality of life of those who live, work, and play in Lindsay, all while being in line with the objectives of the City Council.
• Maintain a relationship and work with the Lindsay Local Hospital District on long-term financial strategies to sustain and ensure the Wellness Center can maintain and continue to operate health and wellness services and programs for the community. • Build community through recreation and offer affordable and positive community activities, programs, and events.
• Provide activities, programs, and events to enhance the quality of life for Lindsay residents.
• Collaborate with local non-profit organizations, the Lindsay Unified School District, and local businesses on recreation activities, programs, and events. • Maintain safe, positive, and clean facilities for citizens to experience. • Provide partnerships and/or sponsorship opportunities for local businesses and organizations to grow through our activities, programs, and events. • Achieve financial sustainability by optimizing the use of our facilities and properly sizing our staff levels.

September 25, 2023 Special Meeting of the Lindsay City Council Page 26 of 134

Personnel Information
The City of Lindsay utilizes a forty‐hour work week to calculate the full time equivalent (FTE) of staffing levels. An employee that is scheduled to work forty hours per week is considered a full‐time position and is equal to one FTE. Employees that are scheduled to work less than forty hours per week are considered part‐time employees. To calculate the FTE for part time employees, scheduled work hours are divided by forty.

For example, if an employee is scheduled to work 20 hours per week, they are considered a part‐time employee and are equal to 0.5 FTE (20hrs/week ÷ 40hrs/week).

For the 2023 – 2024 Fiscal Year:

TOTAL NUMBER OF EMPLOYEES BY

LOCATION

EMPLOYEES BY LOCATION
Public Safety 25.0
City Services 25.0
Wellness 16.0
Finance 7.0
City Manager 5.0
TOTAL FTE 78.0

FTE COUNT

EMPLOYEES BY LOCATION
General Fund 41.5
Restricted Funds 3.7
Enterprise Funds 25.7
Special Revenue Funds 0.60
TOTAL FTE 71.5
In anticipation of continued growth, Staff is recommending the addition of critical staffing positions and resources that will enable the City to sustain and grow the quantity and quality of services provided to our residents, and that will help ensure compliance to standard municipal practices and procedures.

The below are proposed additional staffing:

NEW POSITIONS (INCLUDED IN FTE TOTAL)
Administrative Secretary 1.0
Fire Apparatus Engineer 1.0
Utility Operator II 1.0
Utility Operator II 1.0
Utility Operator Trainee 1.0
Pool Manager 1.0
TOTAL FTE ADDITIONS IN FY 2023-2024 6.0
September 25, 2023 Special Meeting of the Lindsay City Council Page 27 of 134

City of Lindsay employees serve in multiple capacities. The salary and benefits for some City employees are allocated to multiple departments according to the time each staff member serves in those departments during the year. For example, for the position of the Director of City Services & Planning, the salary and benefits must be allocated to the General Fund, Water, Sewer, and other funds proportional to the time the Director spends working on projects in each fund. The Annual Salary Allocation designates the proportional allocation of each position’s salary and benefits to the appropriate departments/funds and is incorporated into the annual spending budget by fund. Salary allocation tables are reviewed annually, at a minimum, as part of the regular budget process.

A summary of the employee allocation as well as the complete salary allocation breakdown are provided below:

September 25, 2023 Special Meeting of the Lindsay City Council Page 28 of 134

Salary Ranges and Payroll Benefits Information
The City has three bargaining units – one (1) for Public Safety employees, one (1) for Fire employees, and one (1) for Miscellaneous employees. Staffing is further divided into classifications for non‐exempt and exempt employees. Non‐Exempt Employees are eligible for overtime and all provisions of their governing Memorandum of Understanding (MOU). Exempt employees are not eligible for overtime but are eligible for all other provisions of their governing MOU and California State Labor Laws.

The City Manager and Department Heads are at‐will employees who operate under individual contracts with the City and are not eligible for overtime and excluded from MOU provisions.

The following Salary Schedule displays the annual range and salary steps for all positions, as approved by action of the City Council. To determine employee, pay per month, divide by 12. To determine pay per pay period, divide by 26. To determine pay by hour, divide by 2,080. Employees are evaluated annually and if recommended on merit, move one step up their assigned salary range until they reach the maximum.

September 25, 2023 Special Meeting of the Lindsay City Council Page 29 of 134

Category Bargaining Unit Type Title Step 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7 Non-Exempt Unrepresented Part-Time Seasonal Interns/Seasonal $ 15.50 $ 15.50 $ 15.50 $ 15.50 $ 15.50 $ 15.50 $ 15.50 Non-Exempt Unrepresented Part-Time Recreation - Lifeguard $ 15.75 $ 16.54 $ 17.36 $ 18.23 $ 19.14 $ 20.10 $ 21.11 Non-Exempt Unrepresented Part-Time Recreation I $ 15.75 $ 16.54 $ 17.36 $ 18.23 $ 19.14 $ 20.10 $ 21.11 Non-Exempt SEIU Full-Time Maintenance $ 16.07 $ 16.87 $ 17.71 $ 18.60 $ 19.53 $ 20.50 $ 21.53 Non-Exempt SEIU Full-Time Account Clerk I $ 16.07 $ 16.87 $ 17.71 $ 18.60 $ 19.53 $ 20.50 $ 21.53 Non-Exempt SEIU Full-Time Code Enforcement Officer $ 16.07 $ 16.87 $ 17.71 $ 18.60 $ 19.53 $ 20.50 $ 21.53 Non-Exempt SEIU Full-Time Records Clerk $ 16.22 $ 17.03 $ 17.88 $ 18.77 $ 19.71 $ 20.70 $ 21.73 Non-Exempt SEIU Full-Time Maintenance Senior I $ 16.22 $ 17.03 $ 17.88 $ 18.77 $ 19.71 $ 20.70 $ 21.73 Non-Exempt Unrepresented Part-Time Lead Lifeguard $ 16.75 $ 17.59 $ 18.47 $ 19.39 $ 20.36 $ 21.38 $ 22.45 Non-Exempt SEIU Full-Time Community Development Specialist $ 17.46 $ 18.34 $ 19.25 $ 20.21 $ 21.23 $ 22.29 $ 23.40 Non-Exempt SEIU Full-Time Administrative Secretary $ 17.46 $ 18.34 $ 19.25 $ 20.21 $ 21.23 $ 22.29 $ 23.40 Non-Exempt SEIU Full-Time Utility Operator Trainee $ 17.60 $ 18.47 $ 19.40 $ 20.37 $ 21.39 $ 22.46 $ 23.58 Non-Exempt SEIU Full-Time Pool Manager $ 18.00 $ 18.90 $ 19.85 $ 20.84 $ 21.88 $ 22.97 $ 24.12 Non-Exempt Confidential Employee Full-Time Executive Assistant/Deputy City Clerk $ 20.20 $ 21.21 $ 22.27 $ 23.38 $ 24.55 $ 25.78 $ 27.06 Non-Exempt SEIU Part-Time Records/IT Clerk $ 20.20 $ 21.21 $ 22.27 $ 23.38 $ 24.55 $ 25.78 $ 27.06 Non-Exempt SEIU Full-Time Maintenance Senior II $ 20.48 $ 21.51 $ 22.58 $ 23.71 $ 24.90 $ 26.14 $ 27.45 Non-Exempt SEIU Full-Time Animal Control Officer $ 20.48 $ 21.51 $ 22.58 $ 23.71 $ 24.90 $ 26.14 $ 27.45 Non-Exempt SEIU Full-Time Community Services Officer $ 20.48 $ 21.51 $ 22.58 $ 23.71 $ 24.90 $ 26.14 $ 27.45 Non-Exempt SEIU Full-Time Account Clerk III $ 20.58 $ 21.61 $ 22.69 $ 23.83 $ 25.02 $ 26.27 $ 27.58 Non-Exempt SEIU Full-Time Utility Operator I $ 24.76 $ 25.99 $ 27.29 $ 28.66 $ 30.09 $ 31.59 $ 33.17 Non-Exempt SEIU Full-Time Engineering Technician $ 25.57 $ 26.85 $ 28.19 $ 29.60 $ 31.08 $ 32.64 $ 34.27 Non-Exempt SEIU Full-Time Assistant City Planner $ 25.57 $ 26.85 $ 28.19 $ 29.60 $ 31.08 $ 32.64 $ 34.27 Non-Exempt SEIU Full-Time Building Inspector I $ 25.57 $ 26.85 $ 28.19 $ 29.60 $ 31.08 $ 32.64 $ 34.27 Exempt Unrepresented Full-Time Administrative Supervisor $ 31.00 $ 32.55 $ 34.18 $ 35.89 $ 37.68 $ 39.56 $ 41.54 Exempt Unrepresented Full-Time City Clerk/Assistant to the City Manager $ 31.00 $ 32.55 $ 34.18 $ 35.89 $ 37.68 $ 39.56 $ 41.54 Exempt Unrepresented Full-Time Maintenance Senior III $ 31.00 $ 32.55 $ 34.18 $ 35.89 $ 37.68 $ 39.56 $ 41.54 Exempt Unrepresented Full-Time Human Resources Manager $ 33.78 $ 35.47 $ 37.24 $ 39.10 $ 41.06 $ 43.11 $ 45.28 Exempt Unrepresented Full-Time Planning Manager $ 33.78 $ 35.47 $ 37.24 $ 39.10 $ 41.06 $ 43.11 $ 45.27 Exempt Unrepresented Full-Time Finance & Accounting Manager $ 33.78 $ 35.47 $ 37.24 $ 39.10 $ 41.06 $ 43.11 $ 45.27 Exempt Unrepresented Full-Time IT Manager $ 33.78 $ 35.47 $ 37.24 $ 39.10 $ 41.06 $ 43.11 $ 45.27 Exempt Unrepresented Full-Time Executive Projects Manager $ 33.78 $ 35.47 $ 37.24 $ 39.10 $ 41.06 $ 43.11 $ 45.27 Exempt Unrepresented Full-Time City Services Manager/Inspector $ 33.78 $ 35.47 $ 37.24 $ 39.10 $ 41.06 $ 43.11 $ 45.27 Non-Exempt SEIU Full-Time Utility Operator II $ 34.46 $ 36.18 $ 37.99 $ 39.89 $ 41.88 $ 43.98 $ 46.17 Exempt Unrepresented Full-Time City Services Deputy Director $ 34.80 $ 36.54 $ 38.37 $ 40.29 $ 42.30 $ 44.41 $ 46.64 Non-Exempt SEIU Full-Time Utility Operator III $ 38.92 $ 40.87 $ 42.91 $ 45.06 $ 47.31 $ 49.68 $ 52.16 *All hourly rates are based on a 40-hour work week.

Category Bargaining Unit Type Title Step 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7 Non-Exempt Fire Full-Time Fire Apparatus Engineeer $ 15.50 $ 16.28 $ 17.09 $ 17.94 $ 18.84 $ 19.78 $ 20.77 Non-Exempt Fire Full-Time Fire Lieutenant $ 22.06 $ 23.16 $ 24.32 $ 25.54 $ 26.81 $ 28.15 $ 29.56 Category Bargaining Unit Type Title Step 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7 Non-Exempt Fire Full-Time Fire Apparatus Engineeer $ 21.70 $ 22.79 $ 23.92 $ 25.12 $ 26.38 $ 27.70 $ 29.08 Non-Exempt Fire Full-Time Fire Lieutenant $ 29.42 $ 30.89 $ 32.44 $ 34.06 $ 35.76 $ 37.55 $ 39.43 Category Bargaining Unit Type Title Step 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7 Non-Exempt LPOA Full-Time Public Safety Officer $ 25.37 $ 26.64 $ 27.97 $ 29.37 $ 30.84 $ 32.38 $ 34.00 Non-Exempt LPOA Full-Time Police Corporal $ 27.98 $ 29.38 $ 30.85 $ 32.39 $ 34.01 $ 35.71 $ 37.50 Non-Exempt LPOA Full-Time Public Safety Sergeant $ 30.89 $ 32.43 $ 34.06 $ 35.76 $ 37.55 $ 39.42 $ 41.40 Exempt Unrepresented Full-Time Public Safety Lieutenant $ 41.35 $ 43.42 $ 45.59 $ 47.87 $ 50.26 $ 52.77 $ 55.41 Category Bargaining Unit Type Title Minimum Maximum
Exempt Unrepresented Full-Time City Manager $ 55.05 $ 80.00 Exempt Unrepresented Full-Time Director of Public Safety $ 41.46 $ 70.00 Exempt Unrepresented Full-Time Director of Finance $ 41.72 $ 70.00 Exempt Unrepresented Full-Time Director of City Services & Planning $ 36.17 $ 71.40 Exempt Unrepresented Full-Time Recreation Services Director $ 34.37 $ 60.00 Public Safety Personnel
Contract Personnel
Administrative Rate
City of Lindsay
Hourly Salary Schedule
FY2023/2024
*Fire personnel are paid based on whether they are on the 56-hour per week average schedule or the 40-hour per week schedule. *Fire personnel will convert to a 56-hour work week upon completion of their training. *Holiday pay will still be paid out based on the 40-hour per week rate, regardless of whether an employee is on a 56-hour per week average schedule or a 40-hour per week schedule.

Fire Personnel
Fire Rate
September 25, 2023 Special Meeting of the Lindsay City Council Page 30 of 134

Category Bargaining Unit Type Title Step 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7 Non-Exempt Unrepresented Part-Time Seasonal Interns/Seasonal $ 32,240.00 $ 32,240.00 $ 32,240.00 $ 32,240.00 $ 32,240.00 $ 32,240.00 $ 32,240.00 Non-Exempt Unrepresented Part-Time Recreation - Lifeguard $ 32,760.00 $ 34,403.20 $ 36,108.80 $ 37,918.40 $ 39,811.20 $ 41,808.00 $ 43,908.80 Non-Exempt Unrepresented Part-Time Recreation I $ 32,760.00 $ 34,403.20 $ 36,108.80 $ 37,918.40 $ 39,811.20 $ 41,808.00 $ 43,908.80 Non-Exempt SEIU Full-Time Maintenance $ 33,425.60 $ 35,089.60 $ 36,836.80 $ 38,688.00 $ 40,622.40 $ 42,640.00 $ 44,782.40 Non-Exempt SEIU Full-Time Account Clerk I $ 33,425.60 $ 35,089.60 $ 36,836.80 $ 38,688.00 $ 40,622.40 $ 42,640.00 $ 44,782.40 Non-Exempt SEIU Full-Time Code Enforcement Officer $ 33,425.60 $ 35,089.60 $ 36,836.80 $ 38,688.00 $ 40,622.40 $ 42,640.00 $ 44,782.40 Non-Exempt SEIU Full-Time Records Clerk $ 33,737.60 $ 35,422.40 $ 37,190.40 $ 39,041.60 $ 40,996.80 $ 43,056.00 $ 45,198.40 Non-Exempt SEIU Full-Time Maintenance Senior I $ 33,737.60 $ 35,422.40 $ 37,190.40 $ 39,041.60 $ 40,996.80 $ 43,056.00 $ 45,198.40 Non-Exempt Unrepresented Part-Time Lead Lifeguard $ 34,840.00 $ 36,587.20 $ 38,417.60 $ 40,331.20 $ 42,348.80 $ 44,470.40 $ 46,696.00 Non-Exempt SEIU Full-Time Community Development Specialist $ 36,316.80 $ 38,147.20 $ 40,040.00 $ 42,036.80 $ 44,158.40 $ 46,363.20 $ 48,672.00 Non-Exempt SEIU Full-Time Administrative Secretary $ 36,316.80 $ 38,147.20 $ 40,040.00 $ 42,036.80 $ 44,158.40 $ 46,363.20 $ 48,672.00 Non-Exempt SEIU Full-Time Utility Operator Trainee $ 36,608.00 $ 38,417.60 $ 40,352.00 $ 42,369.60 $ 44,491.20 $ 46,716.80 $ 49,046.40 Non-Exempt SEIU Full-Time Pool Manager $ 37,440.00 $ 39,312.00 $ 41,288.00 $ 43,347.20 $ 45,510.40 $ 47,777.60 $ 50,169.60 Non-Exempt Confidential Employee Full-Time Executive Assistant/Deputy City Clerk $ 42,016.00 $ 44,116.80 $ 46,321.60 $ 48,630.40 $ 51,064.00 $ 53,622.40 $ 56,284.80 Non-Exempt SEIU Part-Time Records/IT Clerk $ 42,016.00 $ 44,116.80 $ 46,321.60 $ 48,630.40 $ 51,064.00 $ 53,622.40 $ 56,284.80 Non-Exempt SEIU Full-Time Maintenance Senior II $ 42,598.40 $ 44,740.80 $ 46,966.40 $ 49,316.80 $ 51,792.00 $ 54,371.20 $ 57,096.00 Non-Exempt SEIU Full-Time Animal Control Officer $ 42,598.40 $ 44,740.80 $ 46,966.40 $ 49,316.80 $ 51,792.00 $ 54,371.20 $ 57,096.00 Non-Exempt SEIU Full-Time Community Services Officer $ 42,598.40 $ 44,740.80 $ 46,966.40 $ 49,316.80 $ 51,792.00 $ 54,371.20 $ 57,096.00 Non-Exempt SEIU Full-Time Account Clerk III $ 42,806.40 $ 44,948.80 $ 47,195.20 $ 49,566.40 $ 52,041.60 $ 54,641.60 $ 57,366.40 Non-Exempt SEIU Full-Time Utility Operator I $ 51,500.80 $ 54,059.20 $ 56,763.20 $ 59,612.80 $ 62,587.20 $ 65,707.20 $ 68,993.60 Non-Exempt SEIU Full-Time Engineering Technician $ 53,185.60 $ 55,848.00 $ 58,635.20 $ 61,568.00 $ 64,646.40 $ 67,891.20 $ 71,281.60 Non-Exempt SEIU Full-Time Assistant City Planner $ 53,185.60 $ 55,848.00 $ 58,635.20 $ 61,568.00 $ 64,646.40 $ 67,891.20 $ 71,281.60 Non-Exempt SEIU Full-Time Building Inspector I $ 53,185.60 $ 55,848.00 $ 58,635.20 $ 61,568.00 $ 64,646.40 $ 67,891.20 $ 71,281.60 Exempt Unrepresented Full-Time Administrative Supervisor $ 64,480.00 $ 67,704.00 $ 71,094.40 $ 74,651.20 $ 78,374.40 $ 82,284.80 $ 86,403.20 Exempt Unrepresented Full-Time City Clerk/Assistant to the City Manager $ 64,480.00 $ 67,704.00 $ 71,094.40 $ 74,651.20 $ 78,374.40 $ 82,284.80 $ 86,403.20 Exempt Unrepresented Full-Time Maintenance Senior III $ 64,480.00 $ 67,704.00 $ 71,094.40 $ 74,651.20 $ 78,374.40 $ 82,284.80 $ 86,403.20 Exempt Unrepresented Full-Time Human Resources Manager $ 70,262.40 $ 73,777.60 $ 77,459.20 $ 81,328.00 $ 85,404.80 $ 89,668.80 $ 94,182.40 Exempt Unrepresented Full-Time Planning Manager $ 70,262.40 $ 73,777.60 $ 77,459.20 $ 81,328.00 $ 85,404.80 $ 89,668.80 $ 94,161.60 Exempt Unrepresented Full-Time Finance & Accounting Manager $ 70,262.40 $ 73,777.60 $ 77,459.20 $ 81,328.00 $ 85,404.80 $ 89,668.80 $ 94,161.60 Exempt Unrepresented Full-Time IT Manager $ 70,262.40 $ 73,777.60 $ 77,459.20 $ 81,328.00 $ 85,404.80 $ 89,668.80 $ 94,161.60 Exempt Unrepresented Full-Time Executive Projects Manager $ 70,262.40 $ 73,777.60 $ 77,459.20 $ 81,328.00 $ 85,404.80 $ 89,668.80 $ 94,161.60 Exempt Unrepresented Full-Time City Services Manager/Inspector $ 70,262.40 $ 73,777.60 $ 77,459.20 $ 81,328.00 $ 85,404.80 $ 89,668.80 $ 94,161.60 Non-Exempt SEIU Full-Time Utility Operator II $ 71,676.80 $ 75,254.40 $ 79,019.20 $ 82,971.20 $ 87,110.40 $ 91,478.40 $ 96,033.60 Exempt Unrepresented Full-Time City Services Deputy Director $ 72,384.00 $ 76,003.20 $ 79,809.60 $ 83,803.20 $ 87,984.00 $ 92,372.80 $ 97,011.20 Non-Exempt SEIU Full-Time Utility Operator III $ 80,953.60 $ 85,009.60 $ 89,252.80 $ 93,724.80 $ 98,404.80 $ 103,334.40 $ 108,492.80 *All hourly rates are based on a 40-hour work week.

Category Bargaining Unit Type Title Step 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7 Non-Exempt Fire Full-Time Fire Apparatus Engineeer $ 45,136.00 $ 47,407.36 $ 49,766.08 $ 52,241.28 $ 54,862.08 $ 57,599.36 $ 60,482.24 Non-Exempt Fire Full-Time Fire Lieutenant $ 64,238.72 $ 67,441.92 $ 70,819.84 $ 74,372.48 $ 78,070.72 $ 81,972.80 $ 86,078.72 Category Bargaining Unit Type Title Step 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7 Non-Exempt Fire Full-Time Fire Apparatus Engineeer $ 45,136.00 $ 47,403.20 $ 49,753.60 $ 52,249.60 $ 54,870.40 $ 57,616.00 $ 60,486.40 Non-Exempt Fire Full-Time Fire Lieutenant $ 61,193.60 $ 64,251.20 $ 67,475.20 $ 70,844.80 $ 74,380.80 $ 78,104.00 $ 82,014.40 Category Bargaining Unit Type Title Step 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7 Non-Exempt LPOA Full-Time Public Safety Officer $ 52,769.60 $ 55,411.20 $ 58,177.60 $ 61,089.60 $ 64,147.20 $ 67,350.40 $ 70,720.00 Non-Exempt LPOA Full-Time Police Corporal $ 58,198.40 $ 61,110.40 $ 64,168.00 $ 67,371.20 $ 70,740.80 $ 74,276.80 $ 78,000.00 Non-Exempt LPOA Full-Time Public Safety Sergeant $ 64,251.20 $ 67,454.40 $ 70,844.80 $ 74,380.80 $ 78,104.00 $ 81,993.60 $ 86,112.00 Exempt Unrepresented Full-Time Public Safety Lieutenant $ 86,008.00 $ 90,313.60 $ 94,827.20 $ 99,569.60 $ 104,540.80 $ 109,761.60 $ 115,252.80 Category Bargaining Unit Type Title Minimum Maximum
Exempt Unrepresented Full-Time City Manager $ 114,504.00 $ 166,400.00 Exempt Unrepresented Full-Time Director of Public Safety $ 86,236.80 $ 145,600.00 Exempt Unrepresented Full-Time Director of Finance $ 86,777.60 $ 145,600.00 Exempt Unrepresented Full-Time Director of City Services & Planning $ 75,233.60 $ 148,512.00 Exempt Unrepresented Full-Time Recreation Services Director $ 71,489.60 $ 124,800.00 *Holiday pay will still be paid out based on the 40-hour per week rate, regardless of whether an employee is on a 56-hour per week average schedule or a 40-hour per week schedule.

Public Safety Personnel
Contract Personnel
City of Lindsay
Annual Salary Schedule
FY2023/2024
Fire Personnel
Fire Rate
Administrative Rate
*Fire personnel will convert to a 56-hour work week upon completion of their training. *Fire personnel are paid based on whether they are on the 56-hour per week average schedule or the 40-hour per week schedule.

September 25, 2023 Special Meeting of the Lindsay City Council Page 31 of 134

Benefit Summary
As part of the employee compensation package the City of Lindsay provides benefits to its employees.

The accumulation and use of these benefits is regulated by the policies and procedures of the City. The following paragraphs summaries these benefits. To review a comprehensive and detailed listing of said benefits, please visit the City of Lindsay website: https://www.lindsay.ca.us/hr/page/human-resourcesforms.

Vacation
Full-time employees receive ten (10) days of vacation for the first five years of employment. Full-time employees with five (5) years of continuous service will receive eleven (11) days per year. Full-time employees with seven (7) years of continuous service will receive thirteen (13) days per year of vacation.

Full-time employees with ten (10) years of continuous service will receive fifteen (15) days per year of vacation.

Sick Leave
A regular employee accrues sick leave on the first day of employment; sick leave hours may be used beginning on the 90th day of employment. Sick leave is accrued at the rate of 3.08 hours pay period (10 days per year). Upon separation from the City, sick leave is lost. Part-time, temporary, or seasonal employees will be provided 24 hours of sick leave on the first day of employment; sick leave hours may be used beginning on the 90th day of employment. An employee that retires from the City of Lindsay can elect to roll their sick leave into service credit with CalPERS.

Health Insurance
Open Enrollment is in November of each year. The health insurance provider for the City of Lindsay is Anthem Blue Cross. Employees may choose between a PPO 250 plan and PPO 500 plan based on individual needs. New full-time employees are eligible for benefits the first of the month following 30 days from the hire date. If an employee is hired part-time, temporary, or seasonal and moved to a benefit eligible class, the employee is eligible the first of the month following 30 days in the eligible class.

Dental Insurance
The City’s dental plan is offered through Premier Access, which offers two plans a HIGH and a LOW plan.

Vision Insurance
The City’s vision plan is offered through Superior Vision.

Employee Assistance Program
The EAP is a confidential service designed to help employees and their household members resolve September 25, 2023 Special Meeting of the Lindsay City Council Page 32 of 134

personal and workplace challenges. Counseling services are available free of charge to employees 24/7 via phone or email.

Life Insurance
City employees are covered under term life insurance program through Lincoln Financial Group. An optional employee paid group supplemental life insurance program is also available to City employees.

The employee paid term life insurance policy covers the employee and dependents and is portable.

Deferred Compensation
The deferred compensation plan is a voluntary retirement program through Lincoln Life. City employees determine how much of their pay is to be directed towards the deferred compensation plan.

CalPERS Retirement
City of Lindsay employees participate in the CalPERS retirement system. Understanding the CalPERS system requires background information about pension reform in California and how a pension works.

To begin with, City employees are first divided into two classifications – Public Safety (Police and Fire) and Miscellaneous (all other employees). These two classifications participate at different rates and have different retirement ages. Effective January 1, 2013, CalPERS separated the entire CalPERS system (regardless of classification) into two designations – Classic (those hired prior to January 1, 2013) and PEPRA (those hired on or after January 1, 2013). PEPRA benefits are significantly less than and start later in life than those received by Classic employees. Additionally, PEPRA employees bear a higher percentage of the cost for the benefit. The result is a lowering of the pension liabilities the City and employees will pay into the CalPERS system. CalPERS invests monthly payments to generate future earnings. Retired employees receive pension payments from these future earnings, not the City in retirement. Each classification and designation are identified by a percent and an age. Employees multiply the number of years they participate in CalPERS by the percent to calculate what portion of their income they will continue to receive via CalPERS (not the City) at the age of retirement for their classification and designation. For example, 2% at 62 for an employee who joined CalPERS at age 42 would mean he or she would receive 40% of their salary in retirement (62 – 42 = 20 x 2% = 40%).

The following tables identify the classifications and designations along with the retirement benefit equation and how much the employees pay and the two components the City pays per pay period toward the pensions.

September 25, 2023 Special Meeting of the Lindsay City Council Page 33 of 134

Governments in the CalPERS system are facing sizable unfunded liabilities, which means the investments used to create the retirement account were not funded sufficiently past years. The past underfunding and less‐than‐ expected growth in investment markets have left the retirement system without enough principal to generate returns to fund fully the retirement contracts. CalPERS amortizes the unfunded liability based on return expectations and adjustments for past performance.

The following table shows the unfunded liability balance as of the most recent CalPERS Actuarial Valuation and the City’s required payments for fiscal year 2022‐2023.

September 25, 2023 Special Meeting of the Lindsay City Council Page 34 of 134

Annual Position Allocation
Department Position FY 2023-2024 FTE General Utilities
Transit &
Gas Tax Wellness Other
City Manager City Manager 1.00 46% 29% 20% 5% 0%
City Manager Executive Assistant / Deputy City Clerk 1.00 70% 25% 0% 5% 0% City Manager Assistant to the City Manager / City Clerk 1.00 70% 25% 0% 5% 0% City Manager Administrative Secretary 1.00 55% 25% 10% 10% 0% City Manager Human Resources Manager 1.00 55% 25% 10% 10% 0% Public Safety Director Of Public Safety 1.00 100% 0% 0% 0% 0% Public Safety Public Safety Lieutenant 1.00 100% 0% 0% 0% 0% Public Safety Public Safety Lieutenant 1.00 98% 2% 0% 0% 0% Public Safety Public Safety Sergeant 1.00 100% 0% 0% 0% 0% Public Safety Public Safety Sergeant 1.00 100% 0% 0% 0% 0% Public Safety Public Safety Sergeant 1.00 100% 0% 0% 0% 0% Public Safety Public Safety Sergeant 1.00 100% 0% 0% 0% 0% Public Safety Police Corporal 1.00 100% 0% 0% 0% 0%
Public Safety Public Safety Officer 1.00 100% 0% 0% 0% 0% Public Safety Public Safety Officer 1.00 100% 0% 0% 0% 0% Public Safety Public Safety Officer 1.00 100% 0% 0% 0% 0% Public Safety Public Safety Officer 1.00 100% 0% 0% 0% 0% Public Safety Public Safety Officer 1.00 100% 0% 0% 0% 0% Public Safety Public Safety Officer 1.00 100% 0% 0% 0% 0% Public Safety Public Safety Officer 1.00 100% 0% 0% 0% 0% Public Safety Public Safety Officer SRO II 1.00 100% 0% 0% 0% 0% Public Safety Public Safety Officer 1.00 100% 0% 0% 0% 0% Public Safety Public Safety Officer 1.00 100% 0% 0% 0% 0% Public Safety Public Safety Reserve Officer - 100% 0% 0% 0% 0% Public Safety Public Safety Reserve Officer - 100% 0% 0% 0% 0% Public Safety Public Safety Reserve Officer - 100% 0% 0% 0% 0% Public Safety Animal Control Officer 1.00 100% 0% 0% 0% 0% Public Safety Fire Lieutenant 1.00 98% 2% 0% 0% 0%
Public Safety Fire Apparatus Engineer 1.00 100% 0% 0% 0% 0% Public Safety Fire Apparatus Engineer 1.00 100% 0% 0% 0% 0% Public Safety Fire Apparatus Engineer 1.00 100% 0% 0% 0% 0% Public Safety Administrative Supervisor 1.00 100% 0% 0% 0% 0% Public Safety Records Clerk 1.00 100% 0% 0% 0% 0%
Finance Director of Finance 1.00 37% 50% 10% 2% 1%
Finance Finance & Accounting Manager 1.00 37% 50% 10% 2% 1% Finance Administrative Supervisor 1.00 45% 40% 8% 5% 2% Finance Account Clerk 3 1.00 45% 40% 8% 5% 2%
Finance Account Clerk 3 1.00 20% 70% 4% 5% 1%
Finance Account Clerk 3 1.00 9% 85% 0% 5% 1%
Finance Account Clerk 1 1.00 9% 85% 0% 5% 1%
City Services Director Of City Services 1.00 25% 46% 24% 0% 5% City Services City Services Deputy Director 1.00 25% 49% 24% 0% 3% City Services City Services Manager / Inspector 1.00 80% 10% 10% 0% 0% City Services Engineering Tech 1.00 49% 30% 19% 0% 2%
City Services Planning Manager 1.00 100% 0% 0% 0% 0%
City Services Assistant City Planner 1.00 100% 0% 0% 0% 0% City Services Utility Operator 2 1.00 0% 100% 0% 0% 0%
City Services Water Utility Operator 1 1.00 0% 95% 0% 0% 5% City Services Utility Operator Trainee 1.00 0% 100% 0% 0% 0% City Services Sewer Utility Operator 2 1.00 0% 100% 0% 0% 0% City Services Utility Operator 1 1.00 0% 100% 0% 0% 0%
City Services Sewer Utility Operator Trainee 1.00 0% 95% 0% 0% 5% September 25, 2023 Special Meeting of the Lindsay City Council Page 35 of 134

City Services Senior Maintenance 3 1.00
60% 20% 15% 5% 0%
City Services Senior Maintenance 2 1.00 60% 20% 15% 5% 0% City Services Senior Maintenance 1 1.00 30% 25% 45% 0% 0% City Services Maintenance (PARKS) 1.00 100% 0% 0% 0% 0% City Services Maintenance (PARKS) 1.00 100% 0% 0% 0% 0% City Services Maintenance 1.00 30% 15% 55% 0% 0%
City Services Maintenance 1.00 0% 100% 0% 0% 0%
City Services Maintenance 1.00 100% 0% 0% 0% 0%
City Services Maintenance 1.00 30% 15% 55% 0% 0%
City Services Maintenance (Building) 1.00 100% 0% 0% 0% 0% City Services Code Enforcement 1.00 100% 0% 0% 0% 0%
City Services Administrative Supervisor 1.00 30% 30% 10% 0% 30% City Services Administrative Secretary 1.0040% 40% 20% 0% 0% Wellness Recreation Director 1.00 0% 0% 0% 100% 0%
Wellness Administrative Secretary 1.00 0% 0% 0% 100% 0% Wellness Recreation 1 0.50 0% 0% 0% 100% 0%
Wellness Recreation 1 0.50 0% 0% 0% 100% 0%
Wellness Recreation 1 (Maintenance) 0.50 0% 0% 0% 100% 0% Wellness Pool Manager 1.00 0% 0% 0% 100% 0%
Wellness Lifeguard (Permanent PT) 0.50 0% 0% 0% 100% 0% Wellness Lifeguard (Permanent PT) 0.50 0% 0% 0% 100% 0% Wellness Lifeguard (Permanent PT) 0.50 0% 0% 0% 100% 0% Wellness Lifeguard (Permanent PT) 0.50 0% 0% 0% 100% 0% Wellness Lifeguard (Permanent PT) 0.50 0% 0% 0% 100% 0% Wellness Lifeguard 0.50 0% 0% 0% 100% 0%
Wellness Lifeguard 0.50 0% 0% 0% 100% 0%
Wellness Lifeguard 0.50 0% 0% 0% 100% 0%
Wellness Lifeguard 0.50 0% 0% 0% 100% 0%
Wellness Lifeguard 0.500
% 0% 0% 100% 0%
September 25, 2023 Special Meeting of the Lindsay City Council Page 36 of 134

CITY OF LINDSAY, CA | ADOPTED BUDGET | FISCAL YEAR 2022‐2023 Fund Structure
General Fund
The primary operating fund of the City of Lindsay is the General Fund. The General Fund is used to account for all financial resources except those required to be accounted for in another fund. Individual funds for general government activities are rolled into the General Fund including public safety, city services, and administration funds. All the City’s financial activities are accounted for in the General Fund unless there is a compelling reason to report them in some other fund type. City Council establishes an appropriation limit for the General Fund pursuant Article XIIIB of the State Constitution, otherwise referred to as the GANN Limitation. The GANN Limit is a spending limit for proceeds of taxes. This limit is based on historical limits, adjusted by the change in California Per Capita Income and by the change of the Lindsay’s population.

Committed Funds
Committed Funds account for revenue resources collected for specific uses and are established by formal action of the City Council of the City of Lindsay. To be reported as committed, amounts cannot be used for any other purpose unless the City takes the same highest level action to remove or change the constraint.

Restricted Funds
Restricted Funds are funds that can be spent only for the specific purposes stipulated by external resource providers. For example, gas tax funds are State allocated funds restricted for street improvement activity and pedestrian and transportation projects.

Enterprise Funds
Business‐type revenue funds are restricted specifically for the use for which they are collected. In contrast to the General Fund, each enterprise fund operates similar to a business and funds are accounted for separately. These funds are primarily through fees for services with user charges established and maintained at properlevels to assure adequate revenues to pay for operations, maintain adequate September 25, 2023 Special Meeting of the Lindsay City Council Page 37 of 134

CITY OF LINDSAY, CA | ADOPTED BUDGET | FISCAL YEAR 2022‐2023 reserves and fund maintenance repair and replacement of critical equipment, facilities, and infrastructure.

Special Revenue Funds
Special revenue funds are used to account for specific revenue sources the City intends to use for a specific purpose.

September 25, 2023 Special Meeting of the Lindsay City Council Page 38 of 134

Levels of Budgetary Control
The City maintains budgetary controls with the objective of ensuring compliance with legal provisions embodied in the annual appropriated budget approved by the City Council.

During the fiscal year, due to emergencies or changes in circumstances, it may become necessary to transfer appropriations between funds or increase the appropriation for new projects for programs approved by the City Council. An adjustment is requested through a budget amendment which includes an explanation as to why the change is necessary. City Council may approve changes to resources held during regularly scheduled meetings held throughout the fiscal year. The council may amend the budget to add to or increase programs or amounts or to delete or decrease any programs or amounts, except those expenditures required by law or for debt services, but no amendment to the budget shall increase the authorized expenditures for any fund to an amount greater than the total estimated income and carried forward fund balances, plus appropriated reserves. The City Manager may transfer monies between departments, divisions, programs and accounts within funds and departments, but within dollar or percentage of fund limits set by the Council annually as part of the budget, but only the Council by resolution may transfer monies between funds and from unappropriated balances or fund balances to any fund or appropriation account. Encumbered amounts lapse at year end and, encumbrances outstanding at year end are reappropriated as part of the following year’s budget. Activities for Debt Service, and Capital Projects are included in the annual appropriated budget. When both restricted and unrestricted resources are available for use, it is the City’s policy to use restricted resources first, followed by the unrestricted committed, assigned, and unassigned resources as they are needed.

Annual Budget Calendar
Timeframe Budget Event
March Department heads submit proposed operating and capital budgets, goals and performance standards to City Manager. City Manager and Finance Director take information from department heads and prepare the proposed budget for coming fiscal year.

May through June Proposed operating and capital budgets for all Accounting Funds is distributed to public, press and City Council. Copies are available for public review at City Hall and on City website. City Council conducts reviews during work meetings and invites public participation and input.

September 25, 2023 Special Meeting of the Lindsay City Council Page 39 of 134

June Public hearing is held wherein the public is invited to comment on proposed annual budget. City Council makes final budget changes. City Manager incorporates changes made by City Council into final budget document.

No later than June 30 Final budget is adopted by the City Council.

September 25, 2023 Special Meeting of the Lindsay City Council Page 40 of 134

Fund Summaries
General Fund
Staff is largely focusing on growing general fund revenues to address the deficit fund balance in the General Fund caused by the reinstatement of interfund loans. Positive revenue trends for sales and use tax, including the voter‐approved additional one percent (1%) tax imposed on retail transactions to fund general fund services for public safety are expected to continue for Fiscal Year 2023 – 2024.

Street Improvement Fund
Operations remain positive for the Street Improvement Fund. A study was conducted to provide updated values for street impact fees caused by City utility services. The final study is expected to be presented for the consideration of Lindsay City Council in the near future.

Water Enterprise Fund
The Water fund continues to struggle financially. The Water fund ended with an operating loss in the prior year and does not have any financial reserves for capital outlay projects needed to maintain or upgrade its aging infrastructure. Staff has completed a waterrate study to address these issues; the final water rate study is expected to be presented for the consideration of Lindsay City Council in the near future.

Sewer Enterprise Fund
Operations remain positive for the sewer enterprise fund and several capital outlay projects are scheduled for Fiscal Year 2023 – 2024 to maintain and upgrade aging infrastructure. A study reviewing sewer rates has been conducted to ensure long‐term operations for the system.

Results of the study are expected to be presented for the consideration of Lindsay City Council in the near future.

Wellness Enterprise Fund
The resources of the Wellness Center continue to grow through community partnership agreements, namely with the Lindsay Local Hospital District and the Lindsay Unified School District. The City uses general funds to cover annual deficits to support the Wellness Center’s ability to continue to provide health and social benefits to the residents of Lindsay and the community at large.

September 25, 2023 Special Meeting of the Lindsay City Council Page 41 of 134

FINANCIALS
September 25, 2023 Special Meeting of the Lindsay City Council Page 42 of 134

SUMMARY OF NET CHANGE - CITYWIDE

ACTUAL AUDITED UNAUDITED ADOPTED PROJECTED PROPOSED
FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

GENERAL FUND
101-GENERAL FUND 1,156,822 1,558,686 126,250 178,890 2,795,110 (1,828,635)

COMMITTED FUNDS
200-STREET IMPROVEMENT FUND 65,525 764,150 - (2,305,827) (1,757,493) 465,709 460-STATE PARKS - (32,297) - - (1,990) -
471-PARK IMPROVEMENTS 4,606 2,633 3,300 3,300 32,800 -

RESTRICTED FUNDS
260‐SB1 ROAD MAINTENANCE & REHAB (148,661) 244,169 - 200,432 172,636 (18,832) 261‐GAS TAX FUND 9,050 6,548 2,700 (422,988) (478,234) (94,569) 263‐TRANSPORTATION 95,265 85,993 - (1,642,330) (1,100,217) (105,849) 264‐GAS TAX‐TRANSIT FUND (352) 205 100 - - -
265‐STP HWY FUNDS (83,386) 150,565 - 143,000 152,783 143,000 266‐LTF‐ART 8 STREETS & ROADS 415,947 652,491 4,500 330,000 583,566 (2,605,200)

ENTERPRISE FUNDS
300-MCDERMONT 119,957 - - - - -
400-WELLNESS CENTER 135,741 46,884 (22,400) (56) (595) 0 552‐WATER 163,212 8,445 (42,600) (279,297) 481,580 0
553‐SEWER 440,998 421,511 153,000 13,505 126,698 (149,287) 841‐CURB & GUTTER 91 2,374 - 2,000 2,750 2,500
856‐STORM DRAIN SYSTEM 3,970 738 3,000 - 1,300 -
554‐REFUSE 45,511 68,841 (24,700) (7,823) 51,586 0

SPECIAL REVENUE FUNDS
556‐VITA‐PAKT 254 (1,164) - - 8,225 -
883‐SIERRA VIEW ASSESSMENT (1,215) 2,348 - - (4,554) -
884‐HERITAGE ASSESSMENT DIST 881 2,104 - - (5,729) -
886‐SAMOA 740 1,602 - - 341 -
887‐SWEETBRIER TOWNHOUSES 517 2,789 - - 1,271 -
888‐PARKSIDE 647 508 - (0) (1,768) -
889‐SIERRA VISTA ASSESSMENT 7,352 7,676 7,400 (0) (35,800) - 890‐MAPLE VALLEY ASSESSMENT (4,107) (379) - - (1,050) - 891‐PELOUS RANCH (3,806) 584 (9,300) - (4,632) -
September 25, 2023 Special Meeting of the Lindsay City Council Page 43 of 134

SUMMARY OF INFLOWS - CITYWIDE

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

GENERAL FUND
101-GENERAL FUND 6,383,118 7,273,835 8,246,700 9,299,419 11,628,155 8,413,454

COMMITTED FUNDS
200-STREET IMPROVEMENT FUND 905,905 917,228 925,883 417,973 1,016,168 950,000 460-STATE PARKS - - 250,000 6,601,000 239,060 1,500,000 471-PARK IMPROVEMENTS 4,606 2,633 3,300 3,300 32,800 -

RESTRICTED FUNDS
260‐SB1 ROAD MAINTENANCE & REHAB 233,224 244,169 140,000 298,432 270,636 307,668 261‐GAS TAX FUND 307,866 290,386 281,100 381,315 322,647 343,537 263‐TRANSPORTATION 285,344 242,916 1,063,100 220,000 485,299 323,640 264‐GAS TAX‐TRANSIT FUND 250,170 205 100 - - -
265‐STP HWY FUNDS 158,614 150,565 130,700 143,000 152,783 143,000 266‐LTF‐ART 8 STREETS & ROADS 1,061,557 652,491 534,500 530,000 783,566 750,000

ENTERPRISE FUNDS
300-MCDERMONT 119,957 - - - - -
400-WELLNESS CENTER 767,355 829,582 1,217,300 1,078,300 1,138,701 1,348,863 552‐WATER 1,712,499 1,670,087 2,250,000 2,452,000 2,367,407 3,003,652 553‐SEWER 1,448,565 1,485,640 1,579,100 1,644,100 1,503,703 1,485,000 841‐CURB & GUTTER 91 2,374 1,200 2,000 2,750 2,500
856‐STORM DRAIN SYSTEM 3,970 738 3,000 - 1,300 -
554‐REFUSE 1,030,732 1,095,939 1,114,500 880,700 890,480 967,149

SPECIAL REVENUE FUNDS
556‐VITA‐PAKT 86,517 61,693 67,200 83,879 124,986 113,690 883‐SIERRA VIEW ASSESSMENT 17,619 17,606 18,700 21,965 21,195 22,165 884‐HERITAGE ASSESSMENT DIST 6,925 6,703 7,200 7,700 7,200 7,285 886‐SAMOA 4,032 4,032 4,400 11,597 4,393 2,355
887‐SWEETBRIER TOWNHOUSES 9,473 9,476 9,700 11,597 11,385 10,365 888‐PARKSIDE 5,098 5,522 5,700 6,271 5,670 6,800
889‐SIERRA VISTA ASSESSMENT 9,335 9,335 9,600 9,554 9,335 6,105 890‐MAPLE VALLEY ASSESSMENT 1,398 1,438 2,700 3,617 3,211 4,201 891‐PELOUS RANCH 10,195 10,145 10,500 15,750 15,445 20,230 September 25, 2023 Special Meeting of the Lindsay City Council Page 44 of 134

SUMMARY OF OUTFLOWS - CITYWIDE

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

GENERAL FUND
101-GENERAL FUND 5,226,296 5,715,149 8,120,450 9,120,530 8,833,046 10,242,089

COMMITTED FUNDS
200-STREET IMPROVEMENT FUND 840,379 153,078 925,883 2,723,800 2,773,661 484,291 460-STATE PARKS - 32,297 250,000 6,601,000 241,050 1,500,000 471-PARK IMPROVEMENTS - - - - - -

RESTRICTED FUNDS
260‐SB1 ROAD MAINTENANCE & REHAB 381,885 - 140,000 98,000 98,000 326,500 261‐GAS TAX FUND 298,816 283,838 278,400 804,303 800,881 438,106 263‐TRANSPORTATION 190,079 156,922 1,063,100 1,862,330 1,585,516 429,489 264‐GAS TAX‐TRANSIT FUND 250,522 - - - - -
265‐STP HWY FUNDS 242,000 - 130,700 - - -
266‐LTF‐ART 8 STREETS & ROADS 645,610 - 530,000 200,000 200,000 3,355,200

ENTERPRISE FUNDS
300-MCDERMONT - - - - - -
400-WELLNESS CENTER 631,613 782,698 1,239,700 1,078,356 1,139,296 1,348,863 552‐WATER 1,549,287 1,661,642 2,292,600 2,731,297 1,885,827 3,003,652 553‐SEWER 1,007,567 1,064,129 1,426,100 1,630,595 1,377,004 1,634,287 841‐CURB & GUTTER - - 1,200 - - -
856‐STORM DRAIN SYSTEM - - - - - -
554‐REFUSE 985,222 1,027,098 1,139,200 888,523 838,893 967,149

SPECIAL REVENUE FUNDS
556‐VITA‐PAKT 86,262 62,857 67,200 83,879 116,761 113,690 883‐SIERRA VIEW ASSESSMENT 18,834 15,259 18,700 21,965 25,749 22,165 884‐HERITAGE ASSESSMENT DIST 6,045 4,599 7,200 7,700 12,929 7,285 886‐SAMOA 3,291 2,430 4,400 11,597 4,052 2,355
887‐SWEETBRIER TOWNHOUSES 8,957 6,687 9,700 11,597 10,114 10,365 888‐PARKSIDE 4,451 5,013 5,700 6,271 7,438 6,800
889‐SIERRA VISTA ASSESSMENT 1,983 1,659 2,200 9,554 45,135 6,105 890‐MAPLE VALLEY ASSESSMENT 5,505 1,817 2,700 3,617 4,261 4,201 891‐PELOUS RANCH 14,001 9,561 19,800 15,750 20,077 20,230 September 25, 2023 Special Meeting of the Lindsay City Council Page 45 of 134

SUMMARY OF TRANSFERS - CITYWIDE

TRANSFER OUT TRANSFER IN

PROPOSED PROPOSED
TRANSFERS OUT 2024 TRANSFERS IN 2024 PURPOSE
GENERAL FUND 70,000 WATER 70,000 Enterprise Fund Advance Repayment GENERAL FUND 398,280 WATER 398,280 Bank D Filtration Renovation GENERAL FUND 498,280 WATER 498,280 DBP Disenfecting Byproduct GENERAL FUND 533,592 WATER 533,592 Water Operations
GENERAL FUND 48,000 WELLNESS CENTER 48,000 Wellness Center Upgrades GENERAL FUND 501,863 WELLNESS CENTER 501,863 Wellness Center Operations GENERAL FUND 32,199 REFUSE 32,199 Refuse Operations
STREET IMPROVEMENT FUND 224,291 CAPITAL IMPROVEMENT 224,291 Various Street Rehab Projects STREET IMPROVEMENT FUND 250,000 GENERAL FUND 250,000 Street Operations STREET IMPROVEMENT FUND 10,000 CAPITAL IMPROVEMENT 10,000 Plastic Dividers SB1 ROAD MAINTENANCE & REHAB 326,500 CAPITAL IMPROVEMENT 326,500 Various Street Rehab Projects TRANSPORTATION 116,791 CAPITAL IMPROVEMENT 116,791 Rehabilitation: Linda Vista Loop LTF-ART 8 STREETS & ROADS 3,355,200 CAPITAL IMPROVEMENT 3,355,200 Various Street Rehab Projects TOTAL TRANSFER OUT 6,364,996 TOTAL TRANSFER IN 6,364,996 Note: Full project details available on the Adopted Five-Year Capital Improvement Plan.

September 25, 2023 Special Meeting of the Lindsay City Council Page 46 of 134

101-GENERAL FUND - PERFORMANCE TREND

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
101-GENERAL FUND FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 RESERVE BALANCE 1,847,161
INFLOW 6,071,889 7,170,618 7,927,200 8,959,119 11,287,855 8,163,454 OUTFLOW 4,958,120 5,470,693 6,640,450 8,018,030 7,730,546 8,159,875 TOTAL GENERAL FUND OPERATIONS 1,113,769 1,699,925 1,286,750 941,090 3,557,310 1,850,739 101-GENERAL FUND | TRANSFERS
TRANSFERS IN 311,229 103,217 319,500 340,300 340,300 250,000 TRANSFERS OUT 268,176 244,457 1,480,000 1,102,500 1,102,500 2,082,214 101-GENERAL FUND | SUMMARY OF NET CHANGE
TOTAL SUMMARY OF NET CHANGE 1,156,822 1,558,686 126,250 178,890 2,795,110 18,525 ACTUAL
FY 2020
ACTUAL
FY 2021

UNAUDITED
FY 2022

ADOPTED
FY 2023

PROJECTED
FY 2023

PROPOSED
FY 2024
INFLOW 6,383,118 7,273,835 8,246,700 9,299,419 11,628,155 10,260,615 OUTFLOW (5,226,296) (5,715,149) (8,120,450) (9,120,530) (8,833,046) (10,242,089) NET 1,156,822 1,558,686 126,250 178,890 2,795,110 18,525 (5,226,296) (5,715,149)
(8,120,450)
(9,120,530) (8,833,046)
(10,242,089)
6,383,118
7,273,835
8,246,700
9,299,419
11,628,155
10,260,615
1,156,822 1,558,686
126,250 178,890
2,795,110
18,525
(15,000,000)
(10,000,000)
(5,000,000)
-
5,000,000
10,000,000
15,000,000

OUTFLOW INFLOW NET
September 25, 2023 Special Meeting of the Lindsay City Council Page 47 of 134

SUMMARY OF NET CHANGE

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
101-GENERAL FUND FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 RESERVE BALANCE 1,847,161
INFLOW 6,071,889 7,170,618 7,927,200 8,959,119 11,287,855 8,163,454 OUTFLOW 4,958,120 5,470,693 6,640,450 8,018,030 7,730,546 8,159,875 TOTAL GENERAL FUND OPERATIONS 1,113,769 1,699,925 1,286,750 941,090 3,557,310 1,850,739 101-GENERAL FUND | TRANSFERS
TRANSFERS IN 311,229 103,217 319,500 340,300 340,300 250,000 TRANSFERS OUT 268,176 244,457 1,480,000 1,102,500 1,102,500 2,082,214 101-GENERAL FUND | SUMMARY OF NET CHANGE
TOTAL SUMMARY OF NET CHANGE 1,156,822 1,558,686 126,250 178,890 2,795,110 18,525 101-GENERAL FUND | INFLOW BY SOURCE

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 TAXES & FEES 5,103,234 6,219,034 5,893,300 6,934,288 7,047,003 7,177,225 LICENSES & PERMITS 234,728 241,244 208,900 238,200 390,095 359,500 MONEY AND PROPERTY USE 282,175 19,620 24,400 91,270 957,135 109,500 CHARGES FOR SERVICE 18,686 13,553 15,300 25,109 38,529 25,250 FINES 30,520 15,528 8,500 24,781 19,790 16,000
INTERGOVERNMENTAL 259,734 451,241 514,200 1,531,829 446,289 359,979 OTHER SOURCES & USES 142,812 210,398 1,262,600 113,642 2,389,015 116,000 TOTAL INFLOW | GENERAL FUND 6,071,889 7,170,618 7,927,200 8,959,119 11,287,855 8,163,454 101-GENERAL FUND | OUTFLOW BY USE

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 CITY ATTORNEY 50,883 89,366 75,000 90,000 90,021 94,500 CITY COUNCIL 14,583 12,835 41,500 69,000 41,265 139,500 CITY MANAGER / HUMAN RESOURCES 119,538 158,649 187,750 214,210 338,178 361,901 FINANCE 287,980 326,800 292,600 254,393 320,845 367,464 NON-DEPARTMENTAL 144,889 255,506 261,100 347,180 322,953 315,176 COVID-19 EMERGENCY FUND 75,834 127,444 - - 138,377 -
COVID−19 ARPA FUND - - - 86,629 141,371 -
PUBLIC SAFETY 2,994,060 3,081,427 3,264,700 3,826,932 4,385,602 4,394,906 CITY SERVICES 528,640 596,500 553,100 690,403 621,576 806,569 COMMUNITY DEVELOPMENT 124,367 88,026 172,500 417,460 283,765 358,380 PARKS 166,039 159,219 208,300 239,669 255,080 378,237
STREETS 188,764 252,281 319,500 340,254 282,497 354,879 IT/CITY CLERK - - - - - 117,000
DEBT SERVICE 231,724 239,523 328,900 333,900 317,693 318,365 CAPITAL OUTLAY 30,819 83,117 935,500 1,108,000 191,322 153,000 TOTAL OUTFLOW | GENERAL FUND 4,958,120 5,470,693 6,640,450 8,018,030 7,730,546 8,159,875 September 25, 2023 Special Meeting of the Lindsay City Council Page 48 of 134

SUMMARY OF NET CHANGE

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
101-GENERAL FUND FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 RESERVE BALANCE 1,847,161
INFLOW 6,071,889 7,170,618 7,927,200 8,959,119 11,287,855 8,163,454 OUTFLOW 4,958,120 5,470,693 6,640,450 8,018,030 7,730,546 8,159,875 TOTAL GENERAL FUND OPERATIONS 1,113,769 1,699,925 1,286,750 941,090 3,557,310 1,850,739 101-GENERAL FUND | TRANSFERS
TRANSFERS IN 311,229 103,217 319,500 340,300 340,300 250,000 TRANSFERS OUT- WATER 268,176 244,457 1,480,000 1,102,500 1,102,500 1,500,152 TRANSFERS OUT- WELLNESS CENTER - - - - - 549,863
TRANSFERS OUT- REFUSE - - - - - 32,199
101-GENERAL FUND | SUMMARY OF NET CHANGE
TOTAL SUMMARY OF NET CHANGE 1,156,822 1,558,686 126,250 178,890 2,795,110 18,525 101-GENERAL FUND | INFLOW | GENERAL FUND

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

TAXES & FEES
PROPERTY TAX REVENUE 343,853 369,515 324,400 334,091 420,000 430,000 CURRENT UNSECURED 18,424 18,811 23,800 24,244 22,500 25,000 OTHER PRTX/ABX126 PASTHRU 42,067 80,746 50,000 197,503 247,000 250,000 ABX126 RESIDUAL - 98,116 100,000 - - -
REAL PROPERTY TRANSFER 1,026 - 4,400 4,521 - 5,000
MOTOR VEHICLE IN-LIEU TAX 10,572 9,648 6,500 6,630 13,000 13,500 COUNTY PRP TAX VLF 1,133,415 1,151,790 1,200,000 1,236,000 1,258,600 1,285,000 SALES & USE 1,061,649 1,288,539 1,279,400 1,559,000 1,559,000 1,630,000 MEASURE O 1,148,106 1,540,556 1,316,700 1,710,000 1,710,000 1,735,000 UTILITY USER TAX 996,886 957,350 1,050,000 1,112,500 1,114,245 1,123,625 RETAIL CANNABIS TAX 94,475 413,996 300,000 430,000 292,338 315,000 UTILITY COMPANY FRANCHISE 134,919 126,056 120,000 121,200 167,000 140,000 SALES TAX - PROP 172 58,600 65,294 68,100 98,600 98,600 100,100 TRANSIENT OCCUPANCY TAX 59,243 98,618 50,000 100,000 144,720 125,000 SUB-TOTAL 5,103,234 6,219,034 5,893,300 6,934,288 7,047,003 7,177,225

LICENSES & PERMITS
BUILDING PERMITS 111,496 140,179 110,000 110,000 217,000 200,000 BUS LICENSE AP REVIEW 3,780 2,820 1,800 3,000 6,500 6,000 BUSINESS LICENSE FEES 73,690 56,260 57,600 70,000 95,120 90,000 PLANNING & ZONING FEES 5,205 16,350 10,000 10,000 - 10,000 DOG LICENSE - LINDSAY 370 720 300 500 225 500
PLAN CHECK FEES 22,977 11,410 15,000 20,000 30,450 30,000 CONDITIONAL USE PERMITS 945 - 1,200 1,200 200 1,000
CANNABIS PERMIT 10,833 10,000 10,000 20,000 10,000 10,000 SITE PLAN REVIEWS 750 150 500 500 3,600 2,000
MISC.C.S/FIRE INSPECTION 4,681 3,355 2,500 3,000 27,000 10,000 SUB-TOTAL 234,728 241,244 208,900 238,200 390,095 359,500 September 25, 2023 Special Meeting of the Lindsay City Council Page 49 of 134

MONEY AND PROPERTY USE
ARBOR RENTAL/MISC SRV 470 1,955 1,000 2,670 4,900 3,000

SALE, SURPLUS PROPERTY - - - - - -
BASEBALL FIELD RENTALS 5,240 4,868 5,500 5,500 22,866 -

LEASE/RENT RECEIPTS - - - - - -
SALE OF REAL PROPERTY 217,482 - - - 796,546 -
INTEREST & PENALTIES 3,847 2,378 1,500 1,500 3,510 1,500 EARNED BANK INTEREST 16,106 5,419 600 6,600 40,000 30,000 RENT,CITY FACILITY 1,585 - - - - -
SMALL BUSINESS INCUBATOR 950 - - - - -
FRIDAY NIGHT MARKET 36,495 5,000 15,800 75,000 89,313 75,000 SUB-TOTAL 282,175 19,620 24,400 91,270 957,135 109,500

CHARGES FOR SERVICE
DUI LAB FEES 996 929 500 2,259 626 1,000
D.U.I. - COST RECOVERY 176 119 400 1,000 20 1,000
VEHICLE ABATEMENT 6,751 4,041 5,400 5,400 2,683 3,000
TRAFFIC ACCIDENT REPORT 272 72 300 2,100 6,387 4,000
SPECIAL FIRE SEVICES 1,150 1,100 700 750 200 750
ANIMAL CONTROL 410 180 300 250 873 500
WEED CLEANING & REMOVAL 1,377 - - - - -
VEHICLE RELEASE 3,100 4,800 3,500 9,150 15,400 10,000
FINGERPRINTS 3,977 1,971 4,200 4,200 10,923 5,000
GANG REGISTRATION FEE 10 20 - - - -
POLICE REPORT COPY 84 69 - - 550 -
VEHICLE EQUIP. CORR. INSP 381 250 - - 850 -
FIRE REPORT COPY 2 2 - - 17 -
SUB-TOTAL 18,686 13,553 15,300 25,109 38,529 25,250
FINES
PUBLIC SAFETY FINES/REVNU 26,183 14,836 5,000 21,781 7,100 10,000 OTHER FINES & FORFEITS 4,337 692 3,500 3,000 12,690 6,000 SUB-TOTAL 30,520 15,528 8,500 24,781 19,790 16,000

INTERGOVERNMENTAL
P.O.S.T. 266 - 200 - - -
AMERICAN RESCUE PLAN ACT - - - 1,219,129 - -
CARES - 162,414 - - - -
TULARE COUNTY(SLESF)COPS 155,948 156,727 100,000 150,000 165,280 160,000 YOUTH SRVCES OFFICER-LUSD 95,965 93,097 107,000 160,200 167,044 197,479 HOMELAND SECURITY GRANT 5,000 3,593 135,500 - - -
GRANT FUNDS RECEIVED - 33,037 170,000 - 112,926 -
TAX RELIEF SUBVENTION 2,555 2,375 1,500 2,500 1,039 2,500 SUB-TOTAL 259,734 451,241 514,200 1,531,829 446,289 359,979

OTHER SOURCES & USES
REBATES/REFUND/REIMBURSMT 128,540 186,999 1,250,000 100,000 2,376,055 100,000 SALE OF SHOULDER PATCHES 20 - - - 1,070 -
HEALTH PREM CONTRIBUTION 5,845 7,057 7,600 7,642 9,000 9,000 OTHER MISC REVENUES 8,407 14,676 5,000 6,000 2,890 7,000 DONATIONS - 1,666 - - - -
SUB-TOTAL 142,812 210,398 1,262,600 113,642 2,389,015 116,000 TOTAL INFLOW | GENERAL FUND 6,071,889 7,170,618 7,927,200 8,959,119 11,287,855 8,163,454 September 25, 2023 Special Meeting of the Lindsay City Council Page 50 of 134

101-GENERAL FUND | OUTFLOW | CITY ATTORNEY

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 PROFESSIONAL SERVICES 50,883 89,366 75,000 90,000 90,021 94,500 TOTAL OUTFLOW | CITY ATTORNEY 50,883 89,366 75,000 90,000 90,021 94,500 101-GENERAL FUND | OUTFLOW | CITY COUNCIL

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 STIPEND 3,300 3,025 3,300 18,000 10,800 16,000
MEETINGS & TRAVEL 3,040 349 5,000 12,500 15,200 15,000
SPECIAL DEPT SUPPLIES 1,386 2,372 1,500 2,500 7,155 2,500 CONTINGENCY COSTS - - 25,000 25,000 - 25,000
COUNCIL PUBLIC OUTREACH - 782 600 2,000 1,400 22,000
COMMUNITY EVENTS - - - - - 50,000
JPA DUES 6,858 6,308 6,100 9,000 6,710 9,000
TOTAL OUTFLOW | CITY COUNCIL 14,583 12,835 41,500 69,000 41,265 139,500 101-GENERAL FUND | OUTFLOW | CITY MANAGER / HUMAN RESOURCES

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

WAGES/BENEFITS/INSURANCES
AD'L SALARY:PAGER/FICA/K9 588 1,099 - - 1,513 -
SALARIES - FULL TIME 56,714 80,594 109,500 84,710 127,042 138,736 SALARIES - PART TIME 3,031 602 - - 890 -
BENEFITS 134 - - - - -
FICA/MEDICARE CITY PAID 4,327 5,975 - - 9,056 -
PERS - EPMC 386 - - - - -
PERS - EMPLOYER CONTRIBT 4,820 12,718 - - 7,992 -
WORKER'S COMPENSATION 4,580 6,731 - - 10,815 -
HEALTH/LIFE/DISAB INSURNC 5,934 7,556 - - 17,247 -
DEFERRED COMP BENEFIT 2,743 3,543 - - 4,136 -
PERS UNFUNDED LIABILITY 14,101 10,554 18,400 23,700 26,892 25,765 PROFESSIONAL SERVICES - - - - 58,000 81,300
CONTINGENCY COSTS - - 25,000 25,000 - 25,000
DUES, SUBSCRIPTIONS 3,250 5,475 8,000 16,000 9,820 7,500 ADV/PRINT/COPY/SHIPPING - 597 500 500 1,400 2,500
RECRUITING COSTS - 310 5,000 10,000 11,800 12,500
STAFF TRAINING & MEETINGS - - 1,000 20,000 174 15,000
MEETINGS & TRAVEL 3,402 1,127 3,000 16,000 6,700 14,500 PHONE & VOICE 3,525 5,650 2,250 2,300 12,170 15,600
SOFTWARE - - - - 1,778 7,000
OFFICE EQUIPMENT MAINT 10,210 9,211 6,000 6,000 2,528 2,500 LIABILITY INSURANCE 1,116 - - - - -

SUPPLIES/EQUIPMENT - - - - - -
OFFICE SUPPLIES 676 3,338 700 - 11,810 12,000
DEPART OPERATING SUPPLIES - 2,874 8,400 10,000 14,440 - CITY CLERK EXPENSE - 695 - - - -
VEHICLE REPAIR & MAINT - - - - 231 500
VEHICLE FUEL AND OIL - - - - 1,744 1,500
TOTAL OUTFLOW | CITY MANAGER 119,538 158,649 187,750 214,210 338,178 361,901 September 25, 2023 Special Meeting of the Lindsay City Council Page 51 of 134

101-GENERAL FUND | OUTFLOW | FINANCE

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

WAGES/BENEFITS/INSURANCES
AD'L SALARY:PAGER/FICA/K9 2,382 2,425 - - 2,426 -
SALARIES - FULL TIME 105,001 86,952 116,400 93,893 84,262 131,954 SALARIES - PART TIME 16,722 11,195 - - 22,830 -
SALARIES - OVERTIME - 68 - - 11 -
TEMPS - - - - 2,711 11,250
BENEFITS 59 7 - - - -
FICA/MEDICARE CITY PAID 8,319 6,801 - - 7,298 -

PERS - EPMC - - - - - -
PERS - EMPLOYER CONTRIBT 8,821 16,038 - - 8,387 -
WORKER'S COMPENSATION 8,997 7,279 - - 7,214 -

STATE UNEMPLOYMENT BENEFT - - - - - -
HEALTH/LIFE/DISAB INSURNC 19,321 14,662 - - 15,720 -
DEFERRED COMP BENEFIT 4,553 4,034 - - 2,067 -
PERS UNFUNDED LIABILITY 38,136 9,345 49,700 48,100 54,590 52,300

PROFESSIONAL/CONTRACT SRV - - - - - -
PROFESSIONAL SERVICES 2,336 92,078 42,800 3,000 23,400 50,000 AUDIT SERVICES 24,661 37,880 27,100 30,000 25,194 36,660 PERMIT RENEWAL - 207 - - - -
OTHER SERVICES & CHARGES 22,741 17,371 18,000 18,000 4,525 10,000 OFFICE EQUIPMENT MAINT 10,562 7,431 16,500 16,500 2,385 3,000

SUPPLIES/EQUIPMENT - - - - - -
OFFICE SUPPLIES 1,257 2,199 3,200 - 4,414 5,000
DEPART OPERATING SUPPLIES 2,265 3,253 - 15,000 17,000 10,000 SPECIAL DEPT SUPPLIES 231 129 5,000 - 6,440 -
FURNITURES & EQUIPTMENT - - - - - 3,800
VEHICLE FUEL AND OIL - - - - - 5,000
PHONE & VOICE 8,539 6,840 7,500 7,500 7,512 7,500
SOFTWARE - - - - 12,614 14,000

TRAINING/TRAVEL/MEETINGS - - - - - -
TRAINING & SEMINARS 196 300 1,800 5,000 1,620 10,000
MEETINGS & TRAVEL 1,205 95 2,600 15,000 4,837 10,000
DUES, SUBSCRIPTIONS 1,485 210 2,000 2,000 675 2,000
ADV/PRINT/COPY/SHIPPING 192 - - 400 2,713 5,000
TOTAL OUTFLOW | FINANCE 287,980 326,800 292,600 254,393 320,845 367,464 101-GENERAL FUND | OUTFLOW | NON-DEPARTMENTAL

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

WAGES/BENEFITS/INSURANCES
BENEFITS 571 - - - - -
STATE UNEMPLOYMENT BENEFT 7,661 16,319 15,000 15,000 37,896 40,000 OPEB EXPENSE 27,733 30,040 46,000 46,000 37,460 40,000
LIABILITY INSURANCE 55,404 145,629 122,200 128,300 119,943 112,695

OTHER SERVICES/CHARGES - - - - - -
OTHER SERVICES & CHARGES 29,264 29,819 22,300 22,255 38,900 25,000 FINANCE CHARGE 1,826 1,481 1,800 1,800 11,000 5,000
COUNTY PROPTX ADMIN FEE 8,726 8,288 8,800 8,825 9,982 10,481 PROFESSIONAL SERVICES 6,966 9,750 33,000 83,000 6,777 50,000 COMMUNITY EVENTS - - - 30,000 36,425 -
DUES, SUBSCRIPTIONS 6,737 14,180 12,000 12,000 5,070 12,000 SOFTWARE - - - - 19,500 20,000

CLEANING/SANITATION SERV - - - - - -
TOTAL OUTFLOW | NON-DEPARTMENTAL 144,889 255,506 261,100 347,180 322,953 315,176 September 25, 2023 Special Meeting of the Lindsay City Council Page 52 of 134

305 - COVID-19 EMERGENCY FUND | OUTFLOW | COVID-19 EMERGENCY FUND

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

WAGES/BENEFITS/INSURANCES
SALARIES - FULL TIME 13,322 2,784 - - 17,330 -
SALARIES - PART TIME 8,403 572 - - 3,434 -
SALARIES - OVERTIME 187 - - - 12,574 -
FICA/MEDICARE CITY PAID 1,313 199 - - 1,891 -
PERS - EPMC 39 - - - - -
PERS - EMPLOYER CONTRIBT (2,730) 561 - - 2,114 -
WORKER'S COMPENSATION 1,864 301 - - 3,027 -
HEALTH/LIFE/DISAB INSURNC 2,800 351 - - 5,953 -
DEFERRED COMP BENEFIT 179 114 - - 272 -

SUPPLIES/EQUIPMENT - - - - - -
OFFICE SUPPLIES/MATERIALS 16,065 13,213 - - - -
SMALL TOOLS & EQUIPMENT 4,083 3,410 - - - -

ADV/PRINT/COPY/SHIPPING - - - - - -
PROFESSIONAL SERVICES 15,692 49,576 - - 1,065 -
TOTAL OUTFLOW | COVID-19 EMERGENCY FUND 61,215 71,082 - - 47,660 - 305-4305 COVID-19 ADMIN SALARY | OUTFLOW | COVID-19 ADMIN SALARY

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

WAGES/BENEFITS/INSURANCES
SALARIES - FULL TIME 20,565.84 35,977.71 - - 62,022.06 - FICA/MEDICARE CITY PAID 1,231.46 2,231.00 - - 3,581.79 - PERS - EPMC 78.09 534.67 - - - -
PERS - EMPLOYER CONTRIBT (12,352.92) 9,264.55 - - 7,662.12 - WORKER'S COMPENSATION 1,774.76 3,252.16 - - 5,619.33 -
HEALTH/LIFE/DISAB INSURNC 2,437.10 3,197.33 - - 9,272.52 - DEFERRED COMP BENEFIT 884.67 1,905.22 - - 2,560.00 -
TOTAL OUTFLOW | COVID-19 ADMIN SALARY 14,619 56,363 - - 90,718 - 306 − COVID−19 ARPA FUND | OUTFLOW | COVID−19 ARPA FUND

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

WAGES/BENEFITS/INSURANCES
SALARIES - FULL TIME - - - 86,629.00 52,354.18 -
PROFESSIONAL SERVICES - - - - 71,337.00 -

ADV/PRINT/COPY/SHIPPING - - - - - -
TOTAL OUTFLOW | COVID−19 ARPA FUND - - - 86,629.00 141,370.85 - September 25, 2023 Special Meeting of the Lindsay City Council Page 53 of 134

101-GENERAL FUND | OUTFLOW | PUBLIC SAFETY

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

WAGES/BENEFITS/INSURANCES
AD'L SALARY:PAGER/FICA/K9 39,633 42,411 - - 41,266 -
SALARIES - FULL TIME 1,349,971 1,417,809 2,230,100 2,616,152 1,644,530 2,862,906 SALARIES - PART TIME 1,024 1,299 - - 42,092 -
SALARIES - OVERTIME 32,377 12,275 - - 158,947 -
TEMPS - 5,001 - - 33,600 -
BENEFITS (15,001) 75,305 - - 113,046 -
FICA/MEDICARE CITY PAID 101,637 106,389 - - 133,316 -
PERS - EPMC 7,464 4,688 - - - -
PERS - EMPLOYER CONTRIBT 234,877 248,824 - - 277,087 -
WORKER'S COMPENSATION 124,945 135,529 - - 182,131 -
STATE UNEMPLOYMENT BENEFT 3,635 1,034 - - - -
HEALTH/LIFE/DISAB INSURNC 235,423 230,290 - - 333,428 - DEFERRED COMP BENEFIT 33,960 33,584 - - 37,355 -
UNIFORMS&PERSONAL EQUIP 3,080 11,085 - - 14,615 10,000
UNIFORM ALLOWANCE - PSO 16,619 16,169 - - 28,208 -
PERS UNFUNDED LIABILITY 235,226 273,000 330,400 382,300 369,627 360,632 LIABILITY INSURANCE 34,412 19,375 183,900 34,200 42,883 30,005 SCHOOL RESOURCE OFFICER 98,180 57,956 96,800 160,200 83,676 235,310 FIREFIGHTER GEAR/EQUIP 10,745 - - 104,400 79,340 40,000

DEBT SERVICE (FIRE TRUCK) - - - - - -
DEBT SERVICE - LEASE PAY 62,021 64,732 67,500 70,513 70,513 413,615 DEBT SERVICE - LEASE PAY - INTEREST 29,121 26,411 23,600 20,630 20,630 17,549

PROFESSIONAL/CONTRACT SRV - - - - - -
ANIMAL CONTROL SERVICES 780 165 50,000 - - -
PROFESSIONAL SERVICES 5,059 18,575 3,100 12,314 11,745 12,500 CENTRAL DISPATCH 88,570 75,738 68,900 78,850 95,809 95,809 CDF DISPATCH - - - 100,000 - 44,080
ANIMAL CONTROL CHARGES 8,683 4,082 8,700 8,660 12,656 12,000 VOLUNTEER FIRE PROGRAM - - - 10,000 - -

VEHICLE FUEL/MAINTENANCE - - - - - -
VEHICLE FUEL AND OIL 49,026 35,696 27,600 47,649 76,629 48,000 VEHICLE REPAIR & MAINT 44,243 46,732 42,100 10,000 65,536 20,000

MISCELLANEOUS - - - - - -

THUNDERBOLT OFFICER - - - - - -
DMV AUTO THEFT 2,667 - 3,500 3,500 3,200 3,500
LIVE SCAN 18,037 3,876 4,000 4,000 7,673 4,000
HOMELAND SECURITY EQUIP 10,165 - 4,000 3,990 - -
DUES, SUBSCRIPTIONS 22,667 19,254 19,000 19,000 3,360 10,000 SOFTWARE - - - - 8,170 20,000
September 25, 2023 Special Meeting of the Lindsay City Council Page 54 of 134

SUPPLIES/EQUIPMENT
- - - - - -
OFFICE SUPPLIES 3,471 3,966 3,500 - 5,790 5,000
DEPART OPERATING SUPPLIES 5,123 7,488 6,000 35,000 14,930 30,000 REPAIR & MAINT SUPPLIES 2,057 589 2,000 3,000 4,150 3,000 RADIO REPAIR/MAINTENANCE 15,965 10,441 1,900 1,930 12,320 4,000 SPECIAL DEPT SUPPLIES 9,775 10,704 8,200
- 12,000 -
SMALL TOOLS & EQUIPMENT 276 96 - 330 1,360 -
K-9 SUPPLIES & EQUIP. 2,502 592 2,200 - - -

DOJ VEST GRANT - - - - - -

TRAINING/TRAVEL/MEETINGS - - - - - -
TRAINING & SEMINARS 4,167 2,898 12,000 12,000 9,646 20,000 MEETINGS & TRAVEL 2,343 961 3,000 6,000 3,916 6,000

UTILITIES - - - - - -
UTILITIES-SCE 12,036 10,505 11,400 11,420 15,754 15,000 UTILITIES-GAS 1,894 2,170 1,900 1,900 5,082 5,000
PHONE & VOICE 13,447 18,784 18,500 18,500 22,490 22,000 OFFICE EQUIPMENT MAINT 15,897 10,124 16,700 16,660 12,278 10,000

OTHER SERVICES/CHARGES - - - - - -
OTHER SERVICES & CHARGES 5,960 10,262 6,200 25,834 8,964 20,000 DUI TRUST FUND & LAB FEES 5,409 3,064 4,800 4,800 12,792 12,000

TU COUNTY SLESF - - - - - -
ASSET FORFEITURE PROJECTS 1,434
- - - 11,087 -
NEW VEHICLE EQUIPMENT 3,059 1,500 3,200 3,200 241,973 -

ASSET FORFEITURE - OP EXP - - - - - -
ADV/PRINT/COPY/SHIPPING - - - - - 3,000
TOTAL OUTFLOW | PUBLIC SAFETY 2,994,060 3,081,427 3,264,700 3,826,932 4,385,602 4,394,906 September 25, 2023 Special Meeting of the Lindsay City Council Page 55 of 134

101-GENERAL FUND | OUTFLOW | CITY SERVICES

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

WAGES/BENEFITS/INSURANCES
AD'L SALARY:PAGER/FICA/K9 3,133 3,912 - - 3,041 -
SALARIES - FULL TIME 175,506 241,380 224,900 245,150 171,420 333,804 SALARIES - PART TIME 8,588 16,199 - - 19,918 -
SALARIES - OVERTIME 1,311 2,268 - - 974 -
TEMPS 12,730 17,015 - - 50,000 30,000
BENEFITS 104 - - - 948 -
FICA/MEDICARE CITY PAID 12,625 17,632 - - 13,296 -
PERS - EPMC 1,123 1,204 - - - -
PERS - EMPLOYER CONTRIBT 10,683 29,314 - - 18,071 -
WORKER'S COMPENSATION 15,411 21,021 - - 15,285 -
HEALTH/LIFE/DISAB INSURNC 41,690 47,504 - - 33,228 -
BOOT ALLOWANCE 108 136 - - 473 -
DEFERRED COMP BENEFIT 4,239 4,911 - - 3,600 -
PERS UNFUNDED LIABILITY 79,462 24,967 103,600 100,200 113,748 108,960 PROFESSIONAL SERVICES 42,971 80,432 110,000 110,000 16,622 110,000 ENGINEERING - - - 110,000 24,043 110,000

MATLS/SUP/REPAIRS/MAINT - - - - - -
SHOP SUPPLIES - - 300 - 113 -
OFFICE EQUIPMENT MAINT 12,206 6,316 14,900 14,875 5,071 5,000 MACH -EQUIP SRV MCD 20,886 10,447 13,000 13,010 9,260 -

SUPPLIES/EQUIPMENT - - - - - -
OFFICE SUPPLIES 3,500 6,510 2,600 - 6,477 6,000
WEED ABATEMENT 4,850 (2,574) 4,000 4,000 - -
DEPART OPERATING SUPPLIES 17,242 17,154 15,800 21,500 27,870 20,000 REPAIR & MAINT SUPPLIES 451 228 1,500 1,550 980 1,550

UTILITIES - - - - - -
UTILITIES-SCE 15,802 16,532 14,500 14,514 24,809 25,000 UTILITIES-GAS 3,874 4,943 4,300 4,300 11,081 11,000
PHONE & VOICE 9,532 9,474 8,400 8,400 11,700 11,000
LIABILITY INSURANCE 4,955 7,800 10,700 11,200 8,496 9,855

VEHICLE FUEL/MAINTENANCE - - - - - -
VEHICLE FUEL AND OIL 4,139 3,551 3,100 5,254 2,261 3,500 VEHICLE REPAIR & MAINT 5,148 596 7,100 7,050 5,268 4,500 OTHER SERVICES & CHARGES 11,900 6,487 10,000 10,000 17,810 13,000 DUES, SUBSCRIPTIONS 3,479 955 3,000 3,000 3,175 3,000
MEETINGS & TRAVEL 757 186 1,000 6,000 1,100 -
ADV/PRINT/COPY/SHIPPING 233 - 400 400 1,438 400
TOTAL OUTFLOW | CITY SERVICES 528,640 596,500 553,100 690,403 621,576 806,569 September 25, 2023 Special Meeting of the Lindsay City Council Page 56 of 134

101-GENERAL FUND | OUTFLOW | COMMUNITY DEVELOPMENT

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

WAGES/BENEFITS/INSURANCES
AD'L SALARY:PAGER/FICA/K9 - - - - 1,346 -
SALARIES - FULL TIME 81 2,749 113,200 352,715 109,649 314,975 SALARIES - PART TIME 16,284 7,080 - - - -
SALARIES - OVERTIME - 60 - - - -

BENEFITS - - - - - -
FICA/MEDICARE CITY PAID 1,252 755 - - 7,490 -

PERS - EPMC - - - - - -
PERS - EMPLOYER CONTRIBT 3 59 - - 13,108 -
WORKER'S COMPENSATION 88 330 - - 9,732 -
HEALTH/LIFE/DISAB INSURNC 4 355 - - 22,027 -
DEFERRED COMP BENEFIT 1 175 - - 3,591 -
PERS UNFUNDED LIABILITY 11,856 7,335 15,500 14,900 16,971 16,260 PROFESSIONAL SERVICES 78,348 54,003 26,200 26,200 79,150 -

DUES/SUBSCRIPTIONS - - - - - -
DUES, SUBSCRIPTIONS - - 100 125 - 125
JPA DUES 5,108 5,002 5,100 5,120 4,880 5,120
TCEDC & TCAG DUES 4,211 - 4,500 4,500 2,500 4,500

SUPPLIES/EQUIPMENT - - - - - -
DEPART OPERATING SUPPLIES - - - - 4,365 2,000
OFFICE SUPPLIES - - - - - 1,000
LIABILITY INSURANCE 497 - - - - -
ADV/PRINT/COPY/SHIPPING 2,056 8,208 2,900 2,900 650 2,900

MATLS/SUP/REPAIRS/MAINT - - - - - -
MEETINGS & TRAVEL - - - 6,000 346 6,000

PHONE & VOICE - - - - - -
OTHER SERVICES & CHARGES 4,577 1,914 5,000 5,000 7,901 5,000 COUNTY CLERK EXPENSE - - - - 58 500
TOTAL OUTFLOW | COM DEV 124,367 88,026 172,500 417,460 283,765 358,380 September 25, 2023 Special Meeting of the Lindsay City Council Page 57 of 134

101-GENERAL FUND | OUTFLOW | PARKS ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

WAGES/BENEFITS/INSURANCES
SALARIES - FULL TIME 36,584 37,075 90,100 140,591 58,052 216,207 SALARIES - PART TIME 494 867 - - - -
SALARIES - OVERTIME 1,289 575 - - 1,131 -
TEMPS 12,941 16,187 - - 52,900 -
BENEFITS - - - - 182 -
FICA/MEDICARE CITY PAID 2,768 2,832 - - 4,205 -

PERS - EPMC - - - - - -
PERS - EMPLOYER CONTRIBT 5,385 4,781 - - 5,048 -
WORKER'S COMPENSATION 2,818 3,121 - - 5,109 -
HEALTH/LIFE/DISAB INSURNC 11,198 9,854 - - 12,393 -
BOOT ALLOWANCE 141 136 - - 580 -
DEFERRED COMP BENEFIT 314 360 - - 990 -
PERS UNFUNDED LIABILITY 16,872 22,614 22,000 21,300 24,152 23,135

PROFESSIONAL/CONTRACT SRV - - - - - -
LANDSCAPE MAINTENANCE 9,603 7,825 34,300 12,054 9,823 12,054

GOLF COURSE CONTRACT SRVS - - - - - -
PROFESSIONAL SERVICES 668 435 1,000 2,766 4,645 59,136
GRAFFITI/LITTER REMOVAL 377 153 500 500 - 500

SUPPLIES/EQUIPMENT - - - - - -
DEPART OPERATING SUPPLIES 24,327 21,631 25,000 25,000 20,840 25,000 SMALL TOOLS & EQUIPMENT 1,002 1,782 1,500 1,500 1,271 1,500

UTILITIES - - - - - -
UTILITIES-SCE 14,042 10,673 11,900 11,875 12,142 11,875 UTILITIES-GAS 127 177 100 130 165 130
PHONE & VOICE 213 679 500 500 438 500

MATLS/SUP/REPAIRS/MAINT - - - - - -
OTHER EQUIP MAINTENANCE 9,544 7,949 8,000 8,000 15,530 8,000 EQUIPMENT RENTALS 3,603 1,070 3,200 3,200 8,020 3,200

VEHICLE FUEL/MAINTENANCE - - - - - -
VEHICLE FUEL AND OIL 4,056 4,136 3,200 5,254 12,935 10,000 VEHICLE REPAIR & MAINT 7,675 4,307 7,000 7,000 4,528 7,000 TOTAL OUTFLOW | PARKS 166,039 159,219 208,300 239,669 255,080 378,237 September 25, 2023 Special Meeting of the Lindsay City Council Page 58 of 134

101-GENERAL FUND | OUTFLOW | STREETS ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

WAGES/BENEFITS/INSURANCES
SALARIES - FULL TIME 96,631 114,378 221,500 243,417 128,013 257,564 SALARIES - PART TIME 781 1,624 - - - -
SALARIES - OVERTIME 1,073 577 - - 1,036 -
TEMPS 11,601 6,496 - - 55,600 -
BENEFITS 91 49 - - 1,057 -
FICA/MEDICARE CITY PAID 6,703 8,294 - - 9,067 -
PERS - EPMC 449 366 - - - -
PERS - EMPLOYER CONTRIBT 7,543 14,167 - - 12,227 -
WORKER'S COMPENSATION 7,851 9,542 - - 11,099 -
HEALTH/LIFE/DISAB INSURNC 22,959 22,084 - - 22,244 -
BOOT ALLOWANCE - 136 - - 223 -
DEFERRED COMP BENEFIT 1,964 2,648 - - 2,551 -
PERS UNFUNDED LIABILITY 4,603 32,971 6,000 5,800 6,589 6,315 INELIGIBLE COSTS TO REPAY - - 52,400 52,400 - 52,400
DEBT INTEREST EXPENSE - - 4,800 - - -

SUPPLIES/EQUIPMENT - - - - - -
DEPART OPERATING SUPPLIES 9,542 16,138 15,100 15,083 12,570 15,000 REPAIR & MAINT SUPPLIES 1,489 4,732 500 3,000 4,600 3,000 EQUIPMENT RENTALS 400 1,432 400 400 4,242 400

VEHICLE FUEL/MAINTENANCE - - - - - -
VEHICLE FUEL AND OIL 4,389 5,917 3,900 5,254 2,807 5,300 VEHICLE REPAIR & MAINT 6,076 5,081 6,000 6,000 6,479 6,000

PROFESSIONAL/CONTRACT SRV - - - - - -
PROFESSIONAL SERVICES 2,096 4,554 5,000 5,000 1,240 5,000 GRAFFITI/LITTER REMOVAL - - 500 500 - 500
DUES, SUBSCRIPTIONS 1,817 - 2,000 2,000 - 2,000
UTILITIES-SCE 516 554 900 900 365 900
PHONE & VOICE 191 538 500 500 418 500
MEETINGS & TRAVEL - - - - 71 -

OTHER SERVICES/CHARGES - - - - - -
TOTAL OUTFLOW | STREETS 188,764 252,281 319,500 340,254 282,497 354,879 September 25, 2023 Special Meeting of the Lindsay City Council Page 59 of 134

101-GENERAL FUND | OUTFLOW | IT/ CITY CLERK

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 PROFESSIONAL SERVICES - - - - - 117,000
TOTAL OUTFLOW |IT/CITY CLERK - - - - - 117,000
101-GENERAL FUND | OUTFLOW | HCD 2020 AGREEMENT

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 INELIGIBLE COSTS TO REPAY - 10,000 89,400 89,400 89,360 89,360

DEBT INTEREST EXPENSE - - - - - -
TOTAL OUTFLOW | HCD 2020 AGREEMENT - 10,000 89,400 89,400 89,360 89,360 September 25, 2023 Special Meeting of the Lindsay City Council Page 60 of 134

101-GENERAL FUND | OUTFLOW | LFA 2012 REV BOND-MCD

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 PRINCIPAL PAYMENT ON LTD 125,000 130,000 140,000 145,000 145,000 155,000 DEBT INTEREST EXPENSE 69,775 62,600 62,600 62,600 46,462 37,462 TOTAL OUTFLOW | LFA 2012 REVNU BOND-MCD 194,775 192,600 202,600 207,600 191,462 192,462 101-GENERAL FUND | OUTFLOW | LIBRARY LANDSCAPE DEBT

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 PRINCIPAL PAYMENT ON LTD 19,918 20,714 21,500 21,500 22,405 23,001 DEBT INTEREST EXPENSE 17,031 16,209 15,400 15,400 14,466 13,542 TOTAL OUTFLOW | LIBRARY LANDSCAPE DEBT 36,949 36,923 36,900 36,900 36,871 36,543 101-GENERAL FUND | CAPITAL OUTLAY | PARKS ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 CAP OULTLAY/IMPROVEMENT 16,917 3,481 170,000 300,000 5,977 15,000 101-GENERAL FUND | CAPITAL OUTLAY | PUBLIC SAFETY

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 CAPITAL IMPROVEMENT - 37,687 455,500 248,000 138,524 68,000 101-GENERAL FUND | CAPITAL OUTLAY | CITYWIDE ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 CAPITAL OUTLAY - EQUIPMNT 13,902 41,948 310,000 560,000 39,550 - 101-GENERAL FUND | CAPITAL OUTLAY | STREETS ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 CAP OULTLAY/IMPROVEMENT - - - - 7,272 -
101-GENERAL FUND | CAPITAL OUTLAY | FINANCE DEPARTMENT/HUMAN RESOURCES

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 CAPITAL IMPROVEMENT - - - - - 70,000
September 25, 2023 Special Meeting of the Lindsay City Council Page 61 of 134

306-ARPA | CAPITAL OUTLAY | CITYWIDE

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 CAP OULTLAY/IMPROVEMENT - - - 150,000 124,413 1,767,000 Note: Full project details available on the Adopted Five-Year Capital Improvement Plan.

September 25, 2023 Special Meeting of the Lindsay City Council Page 62 of 134

SUMMARY OF NET CHANGE

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
NET SUMMARY OF NET CHANGE FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 TOTAL SUMMARY OF NET CHANGE | STREET IMPROVEMENT FUND 65,525 764,150 - (2,305,827) (1,757,493) 465,709 200-STREET IMPROVEMENT FUND | INFLOW | STREET IMPROVEMENT FUND

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 STREET IMPROVEMNT PROGRAM 897,075 914,785 925,883 417,973 1,016,168 950,000 EARNED BANK INTEREST 8,830 2,443 - - - -
TOTAL INFLOW | STREET IMPROVEMENT FUND 905,905 917,228 925,883 417,973 1,016,168 950,000 200-STREET IMPROVEMENT FUND | OUTFLOW | STREET IMPROVEMENT FUND

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 PRINCIPAL PAYMENT ON LTD 49,861 49,861 - - 49,861 -
TRANSFERS OUT 790,518 103,217 925,883 2,723,800 2,723,800 484,291 TOTAL OUTFLOW | STREET IMPROVEMENT FUND 840,379 153,078 925,883 2,723,800 2,773,661 484,291

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
NET SUMMARY OF NET CHANGE FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 TOTAL SUMMARY OF NET CHANGE | STATE PARKS - (32,297) - - (1,990) - 460 -STATE PARKS | INFLOW | STATE PARKS

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 GRANT FUNDS RECEIVED - - 250,000 6,601,000 239,060 1,500,000 TOTAL INFLOW | STATE PARKS - - 250,000 6,601,000 239,060 1,500,000 460 -STATE PARKS | OUTFLOW | STATE PARKS

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

WAGES/BENEFITS/INSURANCES
SALARIES - FULL TIME - 17 - - 111 -
FICA/MEDICARE CITY PAID - 1 - - 6 -
WORKER'S COMPENSATION - 2 - - 10 -
HEALTH/LIFE/DISAB INSURNC - 3 - - 23 -
DEFERRED COMP BENEFIT - 1 - - - -
PROFESSIONAL SERVICES - 32,272 250,000 6,601,000 240,900 1,500,000 TOTAL OUTFLOW | STATE PARKS - 32,297 250,000 6,601,000 241,050 1,500,000 460 -STATE PARKS | CAPITAL OUTLAY | STATE PARKS

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

CAPITAL IMP STATE PARKS - - - - - -
September 25, 2023 Special Meeting of the Lindsay City Council Page 63 of 134

SUMMARY OF NET CHANGE

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
NET SUMMARY OF NET CHANGE FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 TOTAL SUMMARY OF NET CHANGE | PARK IMPROVEMENTS 4,606 2,633 3,300 3,300 32,800 - 471-PARK IMPROVEMENTS | INFLOW | PARK IMPROVEMENTS

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 BUILDING PERMITS 4,550 2,600 3,300 3,300 32,800 -
EARNED BANK INTEREST 56 33 - - - -
TOTAL INFLOW | PARK IMPROVEMENTS 4,606 2,633 3,300 3,300 32,800 - 471-PARK IMPROVEMENTS | OUTFLOW | PARK IMPROVEMENTS

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

TRANSFERS OUT - - - - - -
TOTAL OUTFLOW | PARK IMPROVEMENTS - - - - - -
September 25, 2023 Special Meeting of the Lindsay City Council Page 64 of 134

SUMMARY OF NET CHANGE

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
NET SUMMARY OF NET CHANGE FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 TOTAL SUMMARY OF NET CHANGE | SB1 (148,661) 244,169 - 200,432 172,636 (18,832) 260-SB1 ROAD MAINTENANCE & REHAB | INFLOW | SB1

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 GAS TAX ROAD MAINT. REHAB 231,359 243,856 140,000 298,382 270,636 307,668 EARNED BANK INTEREST 1,865 313 - 50 - -

TRANSFERS IN - - - - - -
TOTAL INFLOW | SB1 233,224 244,169 140,000 298,432 270,636 307,668 260-SB1 ROAD MAINTENANCE & REHAB | OUTFLOW | SB1

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

CAP OULTLAY/IMPROVEMENT - - - - - -
TRANSFERS OUT 381,885 - 140,000 98,000 98,000 326,500
TOTAL OUTFLOW | SB1 381,885 - 140,000 98,000 98,000 326,500 September 25, 2023 Special Meeting of the Lindsay City Council Page 65 of 134

SUMMARY OF NET CHANGE

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
NET SUMMARY OF NET CHANGE FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 TOTAL | GAS TAX FUND 9,050 6,548 2,700 (422,988) (478,234) (94,569) 261-GAS TAX FUND | INFLOW | GAS TAX FUND

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

GAS TAX
GAS TAX 2105 68,140 67,015 68,000 84,455 72,277 79,658
GAS TAX 2106 CONSTRUCTION 41,016 41,282 40,000 49,558 45,387 47,707 GAS TAX 2107 86,040 90,683 86,000 115,379 98,501 95,546 GAS TAX 2107.5 3,000 3,000 3,000 3,000 3,000 3,000
TRAFFIC CONGESTN HUT 2103 92,108 87,760 70,400 128,923 103,482 117,626 PTP - PROP 42 PAYMENT 15,017 - 13,400 - - -
EARNED BANK INTEREST 2,544 647 300 - - -
TOTAL INFLOW | GAS TAX FUND 307,866 290,386 281,100 381,315 322,647 343,537 261-GAS TAX FUND | OUTFLOW | GAS TAX-MAINTENANCE

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

WAGES/BENEFITS/INSURANCES
SALARIES - FULL TIME 79,868 83,737 139,500 158,000 90,921 198,631 SALARIES - PART TIME 494 933 - - - -
SALARIES - OVERTIME 892 453 - - 422 -
BENEFITS 105 - - - 437 -
FICA/MEDICARE CITY PAID 5,675 6,177 - - 6,444 -
PERS - EPMC 838 696 - - - -
PERS - EMPLOYER CONTRIBT 6,098 9,673 - - 8,380 -
WORKER'S COMPENSATION 6,519 6,950 - - 7,626 -
HEALTH/LIFE/DISAB INSURNC 14,588 13,173 - - 14,346 -
BOOT ALLOWANCE - 136 - - 38 -
DEFERRED COMP BENEFIT 3,220 3,171 - - 2,182 -
GENERAL STREET MAINT 7,373 1,789 5,000 5,000 5,410 15,000 STREET LIGHTING 79,854 76,282 70,000 80,000 76,855 74,000 STREET SWEEPING 36,000 39,000 36,000 45,000 55,400 45,000

PROFESSIONAL/CONTRACT SRV - - - - - -

ENGINEERING - - - - - -
STREET STRIPING 2,822 3,795 - 3,000 3,572 73,000
PERS UNFUNDED LIABILITY 12,128 24,286 15,800 17,959 17,361 16,630 STREET SIGNS 5,176 2,623 2,000 4,000 4,712 4,000
LIABILITY INSURANCE 2,750 6,465 5,900 7,344 22,511 7,345

VEHICLE FUEL/MAINTENANCE - - - - - -
VEHICLE FUEL AND OIL 4,020 4,498 4,000 4,000 3,744 4,000 VEHICLE REPAIR & MAINT 395 - 200 - 521 500
TRANSFERS OUT 30,000 - - 480,000 480,000 -
TOTAL OUTFLOW | GAS TAX-MAINTENANCE 298,816 283,838 278,400 804,303 800,881 438,106 September 25, 2023 Special Meeting of the Lindsay City Council Page 66 of 134

SUMMARY OF NET CHANGE

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
NET SUMMARY OF NET CHANGE FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 TOTAL | TRANSPORTATION 95,265 85,993 - (1,642,330) (1,100,217) (105,849) 263-TRANSPORTATION | INFLOW | TRANSPORTATION

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

MEASURE R
COUNTY MSR-R SPECIAL PROJ 58,209 - 589,000 - - -
LOCAL MEASURE R 221,624 241,377 243,200 220,000 297,402 323,640 GRANT FUNDS RECEIVED - - 230,000 - 187,897 -
EARNED BANK INTEREST 5,511 1,538 900 - - -
TOTAL INFLOW | TRANSPORTATION 285,344 242,916 1,063,100 220,000 485,299 323,640 263-TRANSPORTATION | OUTFLOW | TRANSPORTATION

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

WAGES/BENEFITS/INSURANCES
SALARIES - FULL TIME - 17,717 107,900 149,032 - 180,046 FICA/MEDICARE CITY PAID - 1,297 - - - -

PERS - EPMC - - - - - -
PERS - EMPLOYER CONTRIBT - 476 - - - -
WORKER'S COMPENSATION - 1,389 - - - -
HEALTH/LIFE/DISAB INSURNC - 2,256 - - - -
DEFERRED COMP BENEFIT - 1,061 - - - -

BOOT ALLOWANCE - - - - - -
AUDIT SERVICES - - 3,500 - - -
MEASURE R - - 230,000 - - -
TCAG DUES 5,339 5,339 5,400 5,500 - 5,500
PERS UNFUNDED LIABILITY 3,853 6,733 5,000 5,706 5,516 5,285 PRINCIPAL PAYMENT ON LTD 79,298 82,668 86,200 89,844 - 93,663 DEBT INTEREST EXPENSE 41,630 37,985 36,100 32,248 - 28,204 TRANSFERS OUT 58,209 - 589,000 1,580,000 1,580,000 116,791 CAPITAL OUTLAY - EQUIPMNT 1,750 - - - - -
TOTAL OUTFLOW | TRANSPORTATION 190,079 156,922 1,063,100 1,862,330 1,585,516 429,489 September 25, 2023 Special Meeting of the Lindsay City Council Page 67 of 134

SUMMARY OF NET CHANGE

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
NET SUMMARY OF NET CHANGE FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 TOTAL | GAS TAX-TRANSIT FUND (352) 205 100 - - -
264-GAS TAX-TRANSIT FUND | INFLOW | GAS TAX-TRANSIT FUND

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 REBATES/REFUND/REIMBURSMT 250,000 - - - - -
PUNCH PASSES - BUS 170 205 100 - - -

PENALTY & MISC SRV FEES - - - - - -
TOTAL INFLOW | GAS TAX-TRANSIT FUND 250,170 205 100 - - - 264-GAS TAX-TRANSIT FUND | OUTFLOW | GAS TAX-TRANS FUND

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 LINDSAY TRANSIT CENTER 250,250 - - - - -
PUNCH PASSES - COST 272 - - - - -

TRANSFERS OUT - - - - - -
TOTAL OUTFLOW | GAS TAX-TRANS FUND 250,522 - - - - -

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
NET SUMMARY OF NET CHANGE FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 TOTAL | STP HWY FUNDS (83,386) 150,565 - 143,000 152,783 143,000 265-STP HWY FUNDS | INFLOW | STP HWY FUNDS

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 TPA STP/ST HWY ACCT EXCHG 152,872 149,062 130,500 140,000 151,283 140,000 EARNED BANK INTEREST 5,742 1,503 200 3,000 1,500 3,000
TOTAL INFLOW | STP HWY FUNDS 158,614 150,565 130,700 143,000 152,783 143,000 265-STP HWY FUNDS | OUTFLOW | STP HWY FUNDS

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 TRANSFERS OUT 242,000 - 130,700 - - -
TOTAL OUTFLOW | STP HWY FUNDS 242,000 - 130,700 - - -
September 25, 2023 Special Meeting of the Lindsay City Council Page 68 of 134

SUMMARY OF NET CHANGE

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
NET SUMMARY OF NET CHANGE FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 TOTAL | LTF-ART 8 STREETS & ROADS 415,947 652,491 4,500 330,000 583,566 (2,605,200) 266-LTF-ART 8 STREETS & ROADS | INFLOW | LTF-ART 8 STREETS & ROADS

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 LTF - ART8 STREETS & ROAD 1,046,153 648,466 534,500 530,000 783,566 750,000 EARNED BANK INTEREST 15,404 4,025 - - - -
TOTAL INFLOW | LTF-ART 8 STREETS & ROADS 1,061,557 652,491 534,500 530,000 783,566 750,000 266-LTF-ART 8 STREETS & ROADS | OUTFLOW | LTF-ART 8 STREETS & ROADS

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 CAPITAL OUTLAY - EQUIPMNT 8,612 - - - - -
TRANSFERS OUT 636,999 - 530,000 200,000 200,000 3,355,200 TOTAL OUTFLOW | LTF-ART 8 STREETS & ROADS 645,610 - 530,000 200,000 200,000 3,355,200 September 25, 2023 Special Meeting of the Lindsay City Council Page 69 of 134

300-MCDERMONT ENTERPRISE FUND - PERFORMANCE TREND

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
300-MCDERMONT FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

INFLOW - - - - - -

OUTFLOW - - - - - -

TOTAL MCDERMONT - - - - - -
300-MCDERMONT | TRANSFERS
TRANSFERS IN 119,957 - - - - -

TRANSFERS OUT - - - - - -
300-MCDERMONT | SUMMARY OF NET CHANGE
TOTAL SUMMARY OF NET CHANGE 119,957 - - - - -
300-MCDERMONT | INFLOW | MCDERMONT

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 TOTAL INFLOW | MCDERMONT - - - - - -
300-MCDERMONT | OUTFLOW | MCDERMONT

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

DEBT INTEREST EXPENSE - - - - - -
TOTAL OUTFLOW | MCDERMONT - - - - - -
Note: Annual reporting for the McDermont Enterprise Fund has been absorbed by the General Fund since the City's management of McDermontField House was outsourced. The City remains responsible for building maintenance and repairs and remaining debt obligations only.

ACTUAL
FY 2020
ACTUAL
FY 2021

UNAUDITED
FY 2022

ADOPTED
FY 2023

PROJECTED
FY 2023

PROPOSED
FY 2024

OUTFLOW - - - - - -
INFLOW 119,957.00 - - - - -
NET 119,957.00 - - - - -
119,957.00
- - - - -
-
- - - - -
119,957.00
- - - - - -
20,000.00
40,000.00
60,000.00
80,000.00
100,000.00
120,000.00
140,000.00

INFLOW OUTFLOW NET
September 25, 2023 Special Meeting of the Lindsay City Council Page 70 of 134

400-WELLNESS CENTER - PERFORMANCE TREND

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
400-WELLNESS CENTER FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 INFLOW 567,355 585,125 717,300 728,300 788,701 799,000
OUTFLOW 631,613 782,698 1,239,700 1,078,356 1,139,296 1,348,863 TOTAL WELLNESS CENTER (64,259) (197,573) (522,400) (350,056) (350,595) (549,863) 400-WELLNESS CENTER | TRANSFERS
TRANSFERS IN 200,000 244,457 500,000 350,000 350,000 549,863

TRANSFERS OUT - - - - - -
400-WELLNESS CENTER | SUMMARY OF NET CHANGE
TOTAL WELLNESS CENTER | SUMMARY OF NET CHANGE 135,741 46,884 (22,400) (56) (595) 0 ACTUAL
FY 2020
ACTUAL
FY 2021

UNAUDITED
FY 2022

ADOPTED
FY 2023

PROJECTED
FY 2023

PROPOSED
FY 2024
INFLOW 767,355 829,582 1,217,300 1,078,300 1,138,701 1,348,863 OUTFLOW (631,613) (782,698) (1,239,700) (1,078,356) (1,139,296) (1,348,863) NET 135,741 46,884 (22,400) (56) (595) 0
767,355 829,582
1,217,300
1,078,300 1,138,701
1,348,863
(631,613)
(782,698)
(1,239,700)
(1,078,356) (1,139,296)
(1,348,863)
135,741
46,884 (22,400) (56) (595) 0
$(1,500,000)
$(1,000,000)
$(500,000)
$-
$500,000
$1,000,000
$1,500,000
September 25, 2023 Special Meeting of the Lindsay City Council Page 71 of 134

SUMMARY OF NET CHANGE

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
400-WELLNESS CENTER FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 INFLOW 567,355 585,125 717,300 728,300 788,701 799,000
OUTFLOW 631,613 782,698 1,239,700 1,078,356 1,139,296 1,348,863 TOTAL WELLNESS CENTER (64,259) (197,573) (522,400) (350,056) (350,595) (549,863) 400-WELLNESS CENTER | TRANSFERS
TRANSFERS IN 200,000 244,457 500,000 350,000 350,000 549,863

TRANSFERS OUT - - - - - -
400-WELLNESS CENTER | SUMMARY OF NET CHANGE
TOTAL WELLNESS CENTER | SUMMARY OF NET CHANGE 135,741 46,884 (22,400) (56) (595) 0 400-WELLNESS CENTER | INFLOW | WELLNESS CENTER

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

COMMUNITY PARTNERSHIPS
LINDSAY HOSPITAL DISTRICT 233,721 285,000 285,000 285,000 285,000 285,000 AD'L LDH CONTRIBUTION 53,444 - 178,600 100,000 127,170 148,700 LUSD K-8 AFTERSCHOOL USE 17,660 42,676 17,000 42,000 12,222 25,000 LUSD FIT-WITHIN PRG 13,450 2,000 - - - -
LUSD POOL CONTRIBUTION 19,161 22,757 22,500 20,000 42,440 45,000 SPECIAL EVENT REVENUE 200 1,950 - 3,000 7,270 4,000

FACILITY USE/RENTAL - - - - - -
LEASE/RENT RECEIPTS 125,553 148,418 138,300 138,000 142,060 139,000 FACILITY RENTAL-GREATROOM 23,374 (1,535) 10,000 30,000 16,810 25,000 BASEBALL FIELD RENTALS 11,438 35,398 25,000 30,000 - 2,000 SWIMMING POOL FEES 8,706 4,603 3,000 13,000 9,435 13,000 POOL RENTAL - - - - 20,150 20,000
MEMBERSHIP FEES 53,245 37,894 34,600 60,000 103,185 85,000

LESSONS/PROGRAMS/CLASSES - - - - - -
SWIMMING LESSONS 3,170 4,935 - 5,000 5,161 5,000
PROGRAM FEES & CLASSES 1,989 665 3,000 1,000 - 1,000
EARNED BANK INTEREST 12 133 - - - -

MISCELLANEOUS REVENUES - - - - - -
SWIMMING POOL CONCESSIONS 1,913 201 300 1,000 3,213 1,000 OTHER MISC REVENUES 196 30 - - - -
OTHER REVENUES-RETAIL 120 - - 300 1,179 300
REBATES/REFUND/REIMBURSMT - - - - 13,406 -
TOTAL INFLOW | WELLNESS CENTER 567,355 585,125 717,300 728,300 788,701 799,000 September 25, 2023 Special Meeting of the Lindsay City Council Page 72 of 134

400-WELLNESS CENTER | OUTFLOW | OPERATIONS

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

WAGES/BENEFITS/INSURANCES
AD'L SALARY:PAGER/FICA/K9 984 2,395 - - 1,567 -
SALARIES - FULL TIME 72,894 101,115 368,800 326,240 124,500 497,037 SALARIES - PART TIME 92,456 109,353 - - 132,623 -
SALARIES - OVERTIME 156 - - - 422 -
BENEFITS 189 1,714 - - 182 -

TAXABLE FRINGE BENEFITS - - - - - -
FICA/MEDICARE CITY PAID 12,284 15,849 - - 18,762 -
PERS - EPMC 50 - - - - -
PERS - EMPLOYER CONTRIBT 34,917 23,221 - - 9,728 -
WORKER'S COMPENSATION 13,159 17,774 - - 20,782 -

STATE UNEMPLOYMENT BENEFT - - - - - -
HEALTH/LIFE/DISAB INSURNC 18,303 18,800 - - 20,069 -
DEFERRED COMP BENEFIT 668 510 - - 2,823 -
PERS UNFUNDED LIABILITY 29,662 23,361 38,700 43,921 42,460 40,675 LHD 27,117 146,481 153,700 100,000 117,278 100,000
LIABILITY INSURANCE 23,367 13,349 138,400 171,348 146,920 150,520 UTILITIES 84,517 115,251 118,000 131,874 136,273 135,000

FACILITY USE/RENTAL - - - - - -
SPECIAL INTEREST CLASSES 44,420 40,505 38,200 42,000 15,402 25,000 SPECIAL EVENTS EXPENSE 5,160 2,257 5,000 5,000 7,030 9,000

PROFESSIONAL/CONTRACT SRV - - - - - -
PROFESSIONAL SERVICES 705 1,020 - - 5,150 3,000
AUDIT SERVICES 1,257 510 2,300 800 - 3,055
PHONE & VOICE 9,484 7,020 9,000 9,000 10,027 10,500

SUPPLIES/EQUIPMENT - - - - - -
DEPART OPERATING SUPPLIES 10,590 4,390 5,000 7,000 19,770 9,000 REPAIR & MAINT SUPPLIES 3,265 2,333 2,500 3,000 4,965 13,300 STAFF UNIFORMS / MCD 878 - 800 1,000 2,115 2,000
CONCESSIONS SUPPLIES 869 852 1,000 3,500 941 2,500
POOL CHEMICALS 27,642 39,035 33,600 35,000 25,110 30,000 CLEANING/MAINTENANCE-BLDG 4,106 - 4,000 - 6,718 6,000
OTHER SERVICES & CHARGES 9,791 8,039 4,000 8,000 8,570 53,000 PERMITS / FEES / LICENSES 2,238 2,210 3,000 3,000 3,465 5,500 FURNITURE & EQUIPMENT 2,822 - 1,500 2,000 4,170 9,000

VEHICLE FUEL/MAINTENANCE - - - - - -
VEHICLE FUEL AND OIL 128 16 200 200 - 500
VEHICLE REPAIR & MAINT 260 90 300 - - 3,000
DUES, SUBSCRIPTIONS 150 798 300 300 550 1,200

TRAINING/TRAVEL/MEETINGS - - - - - -
TRAINING & SEMINARS 363 130 - - 1,460 2,200
MEETINGS & TRAVEL 27 - - - 316 3,750
ADV/PRINT/COPY/SHIPPING 11,460 1,135 1,500 3,000 1,425 4,000 TOTAL OUTFLOW | OPERATIONS 546,340 699,511 929,800 896,182 891,573 1,118,737 September 25, 2023 Special Meeting of the Lindsay City Council Page 73 of 134

400-WELLNESS CENTER | OUTFLOW | DEBT SERVICING

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2023
DEBT INTEREST EXPENSE 85,273 83,187 81,100 78,885 78,884 76,572 PRINCIPAL PAYMENT ON LTD - - 51,100 53,289 53,289 55,554 TOTAL OUTFLOW | DEBT SERVICING 85,273 83,187 132,200 132,174 132,173 132,126 400-WELLNESS CENTER | OUTFLOW | CAPITAL OUTLAY

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2023 CAPITAL OUTLAY - EQUIPMNT - - 177,700 50,000 115,550 98,000 TOTAL OUTFLOW | CAPITAL OUTLAY - - 177,700 50,000 115,550 98,000 September 25, 2023 Special Meeting of the Lindsay City Council Page 74 of 134

552-WATER - PERFORMANCE TREND

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
552-WATER FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 BEGINNING FUND BALANCE (606,175.93)
INFLOW 1,712,499 1,670,087 1,370,000 1,742,000 1,657,407 1,503,500 OUTFLOW 1,513,756 1,661,642 2,292,600 2,731,297 1,885,827 3,003,652 TOTAL WATER 198,743 8,445 (922,600) (989,297) (228,420) (1,500,152) 552-WATER | TRANSFERS
TRANSFERS IN - - 880,000 710,000 710,000 1,500,152
TRANSFERS OUT 35,531 - - - - -
552-WATER | SUMMARY OF NET CHANGE
TOTAL WATER | SUMMARY OF NET CHANGE 163,212 8,445 (42,600) (279,297) 481,580 0 ACTUAL
FY 2020
ACTUAL
FY 2021

UNAUDITED
FY 2022

ADOPTED
FY 2023

PROJECTED
FY 2023

PROPOSED
FY 2024
OUTFLOW (1,549,287) (1,661,642) (2,292,600) (2,731,297) (1,885,827) (3,003,652) INFLOW 1,712,499 1,670,087 2,250,000 2,452,000 2,367,407 3,003,652 NET 163,212 8,445 (42,600) (279,297) 481,580 0
1,712,499 1,670,087
2,250,000
2,452,000 2,367,407
3,003,652
(1,549,287) (1,661,642)
(2,292,600)
(2,731,297)
(1,885,827)
(3,003,652)
163,212 8,445 (42,600)
(279,297)
481,580
0 (4,000,000)
(3,000,000)
(2,000,000)
(1,000,000)
-
1,000,000
2,000,000
3,000,000
4,000,000

INFLOW OUTFLOW NET
September 25, 2023 Special Meeting of the Lindsay City Council Page 75 of 134

SUMMARY OF NET CHANGE

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
552-WATER FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 RESERVE BALANCE (606,176)
INFLOW 1,712,499 1,670,087 1,370,000 1,742,000 1,657,407 1,503,500 OUTFLOW 1,513,756 1,661,642 2,292,600 2,731,297 1,885,827 3,003,652 TOTAL WATER 198,743 8,445 (922,600) (989,297) (228,420) (2,106,328) 552-WATER | TRANSFERS
TRANSFERS IN - - 880,000 710,000 710,000 1,500,152
TRANSFERS OUT 35,531 - - - - -
552-WATER | SUMMARY OF NET CHANGE
TOTAL WATER | SUMMARY OF NET CHANGE 163,212 8,445 (42,600) (279,297) 481,580 (606,176) 552-WATER | INFLOW | WATER

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

USER CHARGES
WATER SERVICE CHARGES 1,424,825 1,428,514 1,199,600 1,533,000 1,346,822 1,400,000 PAGE/MOOR TRACT 83,866 89,705 77,900 86,000 80,007 82,000

GRANTS - - - - - -
WTR EMRGNCY DROUGHT PR84 - 10,581 - - 1,630 -
GRANT FUNDS RECEIVED - - 70,000 110,000 - -
SALE OF SURPLUS WATER 172,200 63,300 - - - -

FEES/PENALTIES - - - - - -
WATER ACRE ASSESSMENT 276 - - - - -
PENALTY & MISC SRV FEES 250 150 1,800 1,000 500 500
WATER CONNECTION CHARGES 8,425 4,941 8,500 5,000 3,866 4,500 NEW UTILITY ACC. SET-UP 2,492 2,888 2,000 2,000 1,736 2,500

MISCELLANEOUS - - - - - -
OTHER WATER REVENUES 8,578 60,082 5,000 5,000 13,093 14,000 OTHER MISC REVENUES 11,202 42 5,000 - - -

REBATES/REFUNDS/REIMBURSEMENTS - - - - - -
REBATES/REFUND/REIMBURSMT 234 9,924 - - 209,753 -

SHE WELL CONTRIBUTION - - - - - -
EARNED BANK INTEREST 150 (39) 200 - - -
TOTAL INFLOW | WATER 1,712,499 1,670,087 1,370,000 1,742,000 1,657,407 1,503,500 September 25, 2023 Special Meeting of the Lindsay City Council Page 76 of 134

552-WATER | OUTFLOW | OPERATIONS

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

WAGES/BENEFITS/INSURANCES
AD'L SALARY:PAGER/FICA/K9 7,424 14,089 - - 8,486 -
SALARIES - FULL TIME 287,575 281,418 531,400 462,012 348,830 596,394 SALARIES - PART TIME 6,165 4,890 - - 9,770 -
SALARIES - OVERTIME 10,232 4,684 - - 23,326 -
TEMPS 7,793 193 - - 14,000 11,250
BENEFITS 156 168 - - 184 -
FICA/MEDICARE CITY PAID 20,743 21,163 - - 26,752 -
PERS - EPMC 1,173 1,088 - - - -
PERS - EMPLOYER CONTRIBT 40,848 37,298 - - 31,423 -
WORKER'S COMPENSATION 23,332 24,459 - - 32,035 -

STATE UNEMPLOYMENT BENEFT - - - - - -
HEALTH/LIFE/DISAB INSURNC 64,313 57,838 - - 83,284 -
BOOT ALLOWANCE 75 136 - - 238 -
DEFERRED COMP BENEFIT 9,998 7,772 - - 7,237 -
PERS UNFUNDED LIABILITY 69,101 72,471 90,100 102,318 98,915 94,750 RAW CANAL WATER 227,178 225,816 160,000 200,000 108,675 200,000

UTILITY CHARGES - - - - - -

WELLS UTILITIES - - - - - -
UTILITIES 159,663 184,915 175,000 225,130 224,570 225,130

PROFESSIONAL/CONTRACT SRV - - - - - -
PROFESSIONAL SERVICES 111,208 116,610 85,000 95,000 87,627 95,000 SGMA - - 55,500 55,500 - 55,500
AUDIT SERVICES 8,707 510 11,800 5,000 - 12,220
PERSONNEL SERVICES 30 - - - - -

MATLS/SUP/REPAIRS/MAINT - - - - - -
WELLS MATERIALS 6,192 13,594 7,200 10,500 9,470 10,500
MTNCE MATERIALS & SERVICE 7,636 6,858 8,500 8,500 7,874 8,500 TREATMENT PLANT MATERIALS 70,160 51,699 52,600 60,000 48,300 60,000 REPAIR & MTNCE SERVICES 7,102 32,412 15,000 30,000 20,707 30,000 EQUIPMENT RENTALS - - - - 3,940 -

SUPPLIES/EQUIPMENT - - - - - -
OFFICE SUPPLIES 133 297 3,000 - 1,131 -
DEPART OPERATING SUPPLIES 70,580 66,669 85,000 75,000 92,939 75,000 SMALL TOOLS & EQUIPMENT 6 1,747 400 - 3,490 -
LIABILITY INSURANCE 36,752 21,353 79,200 98,062 91,327 98,065 WATER SUPPLY TESTING 38,573 33,043 45,000 45,000 24,350 45,000 OTHER SERVICES & CHARGES 37,561 41,447 32,400 34,000 96,523 64,000 EMERGENCY REPAIR LINE 290 - 25,000 25,000 30,455 -
PHONE & VOICE 17,611 14,463 15,700 15,700 11,488 15,700 SOFTWARE - - - 15,000 16,178 16,500
DUES, SUBSCRIPTIONS 10,627 11,718 9,500 10,000 23,854 10,000

VEHICLE FUEL/MAINTENANCE - - - - - -
VEHICLE FUEL AND OIL 4,225 4,845 3,000 5,000 10,051 5,000 VEHICLE REPAIR & MAINT 34,135 37,537 37,000 40,000 17,389 40,000 PERMITS / FEES / LICENSES 484 2,848 500 1,000 32,365 35,000 MEETINGS & TRAVEL 825 145 900 1,000 605 1,000
TOTAL OUTFLOW | OPERATIONS 1,398,606 1,396,192 1,528,700 1,618,723 1,647,787 1,804,509 September 25, 2023 Special Meeting of the Lindsay City Council Page 77 of 134

552-WATER | OUTFLOW | DEBT SERVICING

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 PRINCIPAL PAYMENT ON LTD 54,021 57,590 61,400 174,094 83,746 176,098 DEBT INTEREST EXPENSE 57,608 53,064 48,500 48,480 48,479 46,485 TOTAL OUTFLOW | DEBT SERVICING 111,630 110,654 109,900 222,574 132,225 222,583 552-WATER | OUTFLOW | CAPITAL OUTLAY

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 CAPITAL OUTLAY - EQUIPMNT 0 31,663 - 205,000 61,654 30,000 CAP OULTLAY/IMPROVEMENT 3,521 45,174 500,000 520,000 - 896,560 CAPITAL O/L - - 154,000 - - -
CIP PROFESSIONAL SRVS (0) 77,959 - 165,000 44,162 50,000 TOTAL OUTFLOW | CAPITAL OUTLAY 3,521 154,796 654,000 890,000 105,815 976,560 September 25, 2023 Special Meeting of the Lindsay City Council Page 78 of 134

553-SEWER - PERFORMANCE TREND

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
553-SEWER FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 INFLOW 1,448,565 1,485,640 1,479,100 1,601,600 1,461,203 1,485,000 OUTFLOW 942,016 1,064,129 1,426,100 1,630,595 1,377,004 1,634,287 TOTAL SEWER 506,549 421,511 53,000 (28,995) 84,198 (149,287) 553-SEWER | TRANSFERS
TRANSFERS IN - - 100,000 42,500 42,500 -
TRANSFERS OUT 65,551 - - - - -
553-SEWER | SUMMARY OF NET CHANGE
TOTAL SEWER | SUMMARY OF NET CHANGE 440,998 421,511 153,000 13,505 126,698 (149,287) ACTUAL
FY 2020
ACTUAL
FY 2021

UNAUDITED
FY 2022

ADOPTED
FY 2023

PROJECTED
FY 2023

PROPOSED
FY 2024
INFLOW 1,448,565 1,485,640 1,579,100 1,644,100 1,503,703 1,485,000 OUTFLOW (1,007,567) (1,064,129) (1,426,100) (1,630,595) (1,377,004) (1,634,287) NET 440,998 421,511 153,000 13,505 126,698 (149,287)
1,448,565 1,485,640
1,579,100 1,644,100
1,503,703 1,485,000
(1,007,567) (1,064,129)
(1,426,100)
(1,630,595)
(1,377,004)
(1,634,287)
440,998 421,511
153,000
13,505
126,698
(149,287)
$(2,000,000)
$(1,500,000)
$(1,000,000)
$(500,000)
$-
$500,000
$1,000,000
$1,500,000
$2,000,000
September 25, 2023 Special Meeting of the Lindsay City Council Page 79 of 134

SUMMARY OF NET CHANGE

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
553-SEWER FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 INFLOW 1,448,565 1,485,640 1,479,100 1,601,600 1,461,203 1,485,000 OUTFLOW 942,016 1,064,129 1,426,100 1,630,595 1,377,004 1,634,287 TOTAL SEWER 506,549 421,511 53,000 (28,995) 84,198 (149,287) 553-SEWER | TRANSFERS
TRANSFERS IN - - 100,000 42,500 42,500 -
TRANSFERS OUT 65,551 - - - - -
553-SEWER | SUMMARY OF NET CHANGE
TOTAL SEWER | SUMMARY OF NET CHANGE 440,998 421,511 153,000 13,505 126,698 (149,287) 553-SEWER | INFLOW | SEWER

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 SEWER SERVICE CHARGES 1,436,457 1,451,932 1,431,800 1,446,600 1,478,330 1,480,000 BUILDING PERMITS 4,200 2,850 2,000 2,000 2,345 2,000
CONNECTION CHARGES 1,875 3,750 4,600 3,000 500 1,000
SEWER ACREAGE ASSESSMENT 207 - 200 - - -
REBATES/REFUND/REIMBURSMT - 25,029 40,000 150,000 (27,687) - EARNED BANK INTEREST 5,825 2,079 500 - 7,715 2,000
TOTAL INFLOW | SEWER 1,448,565 1,485,640 1,479,100 1,601,600 1,461,203 1,485,000 September 25, 2023 Special Meeting of the Lindsay City Council Page 80 of 134

553-SEWER | OUTFLOW | OPERATIONS

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

WAGES/BENEFITS/INSURANCES - - - - - -
AD'L SALARY:PAGER/FICA/K9 4,908 6,685 - - 3,440 -
SALARIES - FULL TIME 131,753 161,699 403,400 361,906 199,476 546,214 SALARIES - PART TIME 198 544 - - - -
SALARIES - OVERTIME 3,979 3,074 - - 11,086 -
TEMPS - - - - 2,580 11,250
BENEFITS 73 29 - - 182 -
FICA/MEDICARE CITY PAID 9,467 12,180 - - 14,639 -
PERS - EPMC 570 562 - - - -
PERS - EMPLOYER CONTRIBT 14,882 19,516 - - 19,044 -
WORKER'S COMPENSATION 10,884 13,546 - - 17,028 -

STATE UNEMPLOYMENT BENEFT - - - - - -
HEALTH/LIFE/DISAB INSURNC 31,651 30,292 - - 38,721 -
BOOT ALLOWANCE 75 136 - - 479 -
DEFERRED COMP BENEFIT 2,919 3,883 - - 4,381 -
MONITORING 3,147 7,385 75,000 15,000 26,633 -
LOG POND MONITORING 0 15,353 25,000 20,000 16,106 20,000

MATLS/SUP/REPAIRS/MAINT - - - - - -
TREATMENT PLANT MATERIALS 89 58 100 100 853 -
TREATMENT PLANT REPAIRS 4,200 41,912 10,000 10,000 342 10,000 REPAIR & MTNCE SERVICES 29,886 17,442 75,000 15,000 25,215 30,000 MACH -EQUIP SRV MCD - 2,573 7,200 7,000 17,235 -
WASTE DISCHARGE PERMITS 79,137 77,530 80,000 80,000 - 80,000 LIABILITY INSURANCE 36,806 20,070 79,300 98,198 91,430 98,200

UTILITIES - - - - - -
UTILITIES-SCE 97,424 92,510 75,400 74,285 106,647 100,000 UTILITIES-GAS - 91 - 11,420 27,961 29,000

PROFESSIONAL/CONTRACT SRV - - - - - -
PROFESSIONAL SERVICES 34,839 39,232 46,000 46,000 68,693 50,000 AUDIT SERVICES 824 510 1,000 500 - 9,165

SUPPLIES/EQUIPMENT - - - - - -
SEWER OPERATIONAL SERVICES&SUPP 1,761 1,761 10,700 - 1,650 - OFFICE SUPPLIES 76 527 3,000 - 775 -
DEPART OPERATING SUPPLIES 15,145 29,357 21,800 35,500 29,960 35,500 SMALL TOOLS & EQUIPMENT 116 - 500 - 1,276 -
OTHER SERVICES & CHARGES 22,269 17,799 21,200 21,000 8,375 - PERS UNFUNDED LIABILITY 13,385 42,596 17,500 19,820 19,161 18,355 PHONE & VOICE 20,814 21,086 19,000 19,000 15,388 19,000 SOFTWARE - - - 15,000 15,894 16,000
EMERGENCY REPAIR LINE 8,465 13,750 15,400 20,000 1,911 70,000

VEHICLE FUEL/MAINTENANCE - - - - - -
VEHICLE FUEL AND OIL 5,612 9,016 5,200 7,000 16,623 15,000 VEHICLE REPAIR & MAINT 8,331 5,683 8,000 6,000 4,604 6,000 NEW VEHICLE EQUIPMENT 0 - - - 59,000 -
DUES, SUBSCRIPTIONS 1,900 577 2,000 1,000 90,668 500
PERMITS / FEES / LICENSES - - - - - 95,000
MEETINGS & TRAVEL 858 - 900 1,000 401 1,000
TOTAL OUTFLOW | OPERATIONS 596,444 708,963 1,002,600 884,729 957,856 1,260,184 September 25, 2023 Special Meeting of the Lindsay City Council Page 81 of 134

553-SEWER | OUTFLOW | DEBT SERVICING

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 PRINCIPAL PAYMENT ON LTD 174,126 179,898 165,300 186,269 192,421 198,808 DEBT INTEREST EXPENSE 171,446 171,537 158,200 157,097 156,672 150,295 TOTAL OUTFLOW | DEBT SERVICING 345,572 351,435 323,500 343,366 349,093 349,103 553-SEWER | OUTFLOW | CAPITAL OUTLAY

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 CAPITAL OUTLAY - EQUIPMNT - 2,918 100,000 90,000 55,452 25,000 CAP OULTLAY/IMPROVEMENT - 813 - 312,500 14,604 -
TOTAL OUTFLOW | CAPITAL OUTLAY - 3,730 100,000 402,500 70,055 25,000 September 25, 2023 Special Meeting of the Lindsay City Council Page 82 of 134

SUMMARY OF NET CHANGE

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
841-CURB & GUTTER | SUMMARY OF NET CHANGE FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 TOTAL CURB | GUTTER | SIDEWALK | SUMMARY OF NET CHANGE 91 2,374 - 2,000 2,750 2,500 841-CURB & GUTTER | INFLOW | CURB | GUTTER | SIDEWALK

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

REVENUE - - - - - -
CONTRA ACT LOAN PAYMENTS (1,395) - - - - -
STREET,SIDEWALK,CURB REPR 1,395 2,342 1,200 2,000 2,750 2,500 EARNED BANK INTEREST 91 32 - - - -
TOTAL INFLOW | CURB | GUTTER | SIDEWALK 91 2,374 1,200 2,000 2,750 2,500 841-CURB & GUTTER | OUTFLOW | CURB | GUTTER | SIDEWALK ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 MISC SIDEWALK PROJECT - - 1,200 - - -
TOTAL OUTFLOW | CURB | GUTTER | SIDEWALK - - 1,200 - - -

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
856-STORM DRAIN SYSTEM | SUMMARY OF NET CHANGE FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 TOTAL STORM DRAIN SYSTEM | SUMMARY OF NET CHANGE 3,970 738 3,000 - 1,300 - 856-STORM DRAIN SYSTEM | INFLOW | STORM DRAIN SYSTEM ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

REVENUE - - - - - -
BUILDING PERMITS 3,880 705 - - 1,300 -
OTHER MISC REVENUES - - 3,000 - - -

INTEREST - - - - - -
EARNED BANK INTEREST 91 33 - - - -
TOTAL INFLOW | STORM DRAIN SYSTEM 3,970 738 3,000 - 1,300 - 856-STORM DRAIN SYSTEM | OUTFLOW | STORM DRAIN SYSTEM ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

CAPITAL OUTLAY - - - - - -
TOTAL OUTFLOW | STORM DRAIN SYSTEM - - - - - -
September 25, 2023 Special Meeting of the Lindsay City Council Page 83 of 134

554-REFUSE - PERFORMANCE TREND

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
554-REFUSE FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 INFLOW 1,030,732 1,095,939 1,114,500 880,700 890,480 934,950 OUTFLOW 985,222 1,027,098 1,139,200 888,523 838,893 967,149 TOTAL REFUSE | OPERATIONS 45,511 68,841 (24,700) (7,823) 51,586 (32,199) 554-REFUSE | TRANSFERS
TRANSFERS IN - - - - - 32,199

TRANSFERS OUT - - - - - -
554-REFUSE | SUMMARY OF NET CHANGE
TOTAL REFUSE | SUMMARY OF NET CHANGE 45,511 68,841 (24,700) (7,823) 51,586 0 ACTUAL
FY 2020
ACTUAL
FY 2021

UNAUDITED
FY 2022

ADOPTED
FY 2023

PROJECTED
FY 2023

PROPOSED
FY 2024
OUTFLOW (985,222) (1,027,098) (1,139,200) (888,523) (838,893) (967,149) INFLOW 1,030,732 1,095,939 1,114,500 880,700 890,480 967,149 NET 45,511 68,841 (24,700) (7,823) 51,586 0
1,030,732
1,095,939 1,114,500
880,700 890,480
967,149
(985,222) (1,027,098)
(1,139,200)
(888,523) (838,893)
(967,149)
45,511 68,841
(24,700) (7,823)
51,586 0
$(1,500,000)
$(1,000,000)
$(500,000)
$-
$500,000
$1,000,000
$1,500,000
September 25, 2023 Special Meeting of the Lindsay City Council Page 84 of 134

SUMMARY OF NET CHANGE

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
554-REFUSE FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 INFLOW 1,030,732 1,095,939 1,114,500 880,700 890,480 934,950 OUTFLOW 985,222 1,027,098 1,139,200 888,523 838,893 967,149 TOTAL REFUSE | OPERATIONS 45,511 68,841 (24,700) (7,823) 51,586 (32,199) 554-REFUSE | TRANSFERS
TRANSFERS IN - - - - - 32,199

TRANSFERS OUT - - - - - -
554-REFUSE | SUMMARY OF NET CHANGE
TOTAL REFUSE | SUMMARY OF NET CHANGE 45,511 68,841 (24,700) (7,823) 51,586 0 554-REFUSE | INFLOW | REFUSE ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 REFUSE DISPOSAL CHARGES 1,019,320 1,090,354 1,106,300 850,000 879,286 923,250

MISCELLANEOUS - - - - - -
SPECIAL REFUSE PICKUP 150 - - - - -
OTHER REFUSE REVENUES 1,995 4,240 2,000 4,200 3,255 4,200 PENALTY & MISC SRV FEES 670 - 700 - - -
EARNED BANK INTEREST 2,224 568 500 500 2,372 1,000
RECYCLING REVENUE 5,000 - 5,000 5,000 - -
REBATES/REFUND/REIMBURSMT 1,373 778 - 21,000 5,567 6,500 TOTAL INFLOW | REFUSE 1,030,732 1,095,939 1,114,500 880,700 890,480 934,950 September 25, 2023 Special Meeting of the Lindsay City Council Page 85 of 134

554-REFUSE | OUTFLOW | REFUSE ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

WAGES/BENEFITS/INSURANCES
AD'L SALARY:PAGER/FICA/K9 195 328 - - 823 -
SALARIES - FULL TIME 30,750 39,090 137,300 206,697 94,105 248,754 SALARIES - PART TIME 494 873 - - - -
SALARIES - OVERTIME 205 136 - - 1,544 -
TEMPS 341 - - - 2,580 11,250
BENEFITS 23 36 - - 364 -
FICA/MEDICARE CITY PAID 2,014 2,782 - - 6,624 -
PERS - EPMC 139 110 - - - -
PERS - EMPLOYER CONTRIBT 1,180 4,082 - - 9,259 -
WORKER'S COMPENSATION 2,531 3,313 - - 8,028 -
HEALTH/LIFE/DISAB INSURNC 7,339 7,407 - - 18,965 -
BOOT ALLOWANCE - 136 - - 238 -
DEFERRED COMP BENEFIT 959 1,447 - - 2,532 -
PERS UNFUNDED LIABILITY 18,884 8,318 24,600 27,962 27,032 25,895

PROFESSIONAL/CONTRACT SRV - - - - - -
AUDIT SERVICES - 510 - - - -
CONTRACT SERVICE-REFUSE 873,079 905,525 933,700 595,800 598,271 628,185 OTHER SERVICES & CHARGES 12,359 14,771 14,000 12,000 11,857 12,000

SUPPLIES/EQUIPMENT - - - - - -
DEPART OPERATING SUPPLIES 17,927 17,937 10,000 15,500 10,280 10,000 LIABILITY INSURANCE 4,520 10,620 9,700 12,064 26,092 12,065 PHONE & VOICE 12,003 8,226 8,700 2,000 710 1,500
SOFTWARE - - - 15,000 15,611 16,500

VEHICLE FUEL/MAINTENANCE - - - - - -
VEHICLE FUEL AND OIL - 1,316 700 1,000 1,604 1,000
VEHICLE REPAIR & MAINT 280 136 500 500 - -

NEW VEHICLE EQUIPMENT - - - - - -
TOTAL OUTFLOW | REFUSE 985,222 1,027,098 1,139,200 888,523 836,518 967,149 554-REFUSE | USES | CAPITAL OUTLAY ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 CAPITAL OUTLAY - EQUIPMNT - - - - 2,375 -
September 25, 2023 Special Meeting of the Lindsay City Council Page 86 of 134

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
NET SUMMARY OF NET CHANGE FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 TOTAL SUMMARY OF NET CHANGE | VITA-PAKT 254 (1,164) - - 8,225 - 556-VITA-PAKT | INFLOW | VITA-PAKT

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 VITA PAKT USER CHARGES 86,517 61,693 67,200 83,879 124,986 113,690 TOTAL INFLOW | VITA-PAKT 86,517 61,693 67,200 83,879 124,986 113,690 556-VITA-PAKT | OUTFLOW | VITA-PAKT

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 CCPI LEASE PAYMENT 59,400 36,000 36,000 36,000 9,000 36,000

WAGES/BENEFITS/INSURANCES - - - - - -
AD'L SALARY:PAGER/FICA/K9 80 531 - - 311 -
SALARIES - FULL TIME 7,750 9,863 21,600 34,779 16,355 34,190 SALARIES - OVERTIME 6 14 - - 1,356 -
BENEFITS 12 - - - - -
FICA/MEDICARE CITY PAID 518 720 - - 1,220 -
PERS - EMPLOYER CONTRIBT 753 1,096 - - 1,669 -
WORKER'S COMPENSATION 631 818 - - 1,481 -
HEALTH/LIFE/DISAB INSURNC 1,256 1,538 - - 3,040 -
DEFERRED COMP BENEFIT 201 234 - - 127 -
DEPART OPERATING SUPPLIES 2,549 2,850 3,500 3,000 3,570 3,000 REPAIR & MTNCE SERVICES 10,361 6,787 4,100 7,000 21,103 7,000 PROFESSIONAL SERVICES - - - - 50,390 30,000
UTILITIES-SCE 2,747 2,406 2,000 3,100 7,139 3,500

WASTE DISCHARGE PERMIT - - - - - -
TOTAL OUTFLOW | VITA-PAKT 86,262 62,857 67,200 83,879 116,761 113,690 September 25, 2023 Special Meeting of the Lindsay City Council Page 87 of 134

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
NET SUMMARY OF NET CHANGE FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 TOTAL SUMMARY OF NET CHANGE | SIERRA VIEW ASS (1,215) 2,348 - - (4,554) - 883-SIERRA VIEW ASSESSMENT | INFLOW | SIERRA VIEW ASSESSMENT

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 SIERRA VW LNDSCPE ASSMNT 17,619 17,606 18,700 21,965 21,195 22,165 TOTAL INFLOW | SIERRA VIEW ASSESSMENT 17,619 17,606 18,700 21,965 21,195 22,165 883-SIERRA VIEW ASSESSMENT | OUTFLOW | SIERRA VIEW

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 PROFESSIONAL SERVICES 14,302 12,794 13,600 20,165 13,396 19,550

UTILITIES - - - - - -
UTILITIES-SCE 1,618 1,578 3,400 1,800 1,610 1,780
LLAD WATER USAGE 1,438 - - - 3,517 835
DEPART OPERATING SUPPLIES 1,274 - 500 - 26 -

WAGES/BENEFITS/INSURANCES - - - - - -
SALARIES - FULL TIME 185 572 - - 5,040 -
FICA/MEDICARE CITY PAID 10 32 - - 280 -
PERS - EPMC - 5 - - - -
PERS - EMPLOYER CONTRIBT (339) 107 - - 665 -
WORKER'S COMPENSATION 16 49 - - 441 -
HEALTH/LIFE/DISAB INSURNC 31 96 - - 739 -
DEFERRED COMP BENEFIT 5 26 - - 35 -
ADMINISTRATIVE COSTS 294 - 1,200 - - -
TOTAL OUTFLOW | SIERRA VIEW 18,834 15,259 18,700 21,965 25,749 22,165 September 25, 2023 Special Meeting of the Lindsay City Council Page 88 of 134

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
NET SUMMARY OF NET CHANGE FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 TOTAL SUMMARY OF NET CHANGE | HERITAGE ASSES 881 2,104 - - (5,729) - 884-HERITAGE ASSESSMENT DIST | INFLOW | HERITAGE ASSESSMENT DIST

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 HRTGE PK LNDSCP ASSMT DIS 6,925 6,703 7,200 7,700 7,200 7,285 TOTAL INFLOW | HERITAGE PARK 6,925 6,703 7,200 7,700 7,200 7,285 884-HERITAGE ASSESSMENT DIST | OUTFLOW | HERITAGE PARK

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 PROFESSIONAL SERVICES 3,724 3,821 3,300 7,500 9,178 5,385

UTILITIES - - - - - -
UTILITIES-SCE 124 108 2,400 200 123 1,155
LLAD WATER USAGE 1,272 - - - 2,347 745
DEPART OPERATING SUPPLIES 631 - - - - -

WAGES/BENEFITS/INSURANCES - - - - - -
SALARIES - FULL TIME - 425 - - 891 -
FICA/MEDICARE CITY PAID - 24 - - 49 -
PERS - EPMC - 2 - - - -
PERS - EMPLOYER CONTRIBT - 100 - - 98 -
WORKER'S COMPENSATION - 36 - - 78 -
HEALTH/LIFE/DISAB INSURNC - 66 - - 137 -
DEFERRED COMP BENEFIT - 18 - - 27 -
ADMINISTRATIVE COSTS 294 - 1,500 - - -
TOTAL OUTFLOW | HERITAGE PARK 6,045 4,599 7,200 7,700 12,929 7,285 September 25, 2023 Special Meeting of the Lindsay City Council Page 89 of 134

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
NET SUMMARY OF NET CHANGE FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 TOTAL SUMMARY OF NET CHANGE | SAMOA 740 1,602 - - 341 - 886-SAMOA | INFLOW | SAMOA

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 SAMOA ASSESSMENT DISTRICT 4,032 4,032 4,400 11,597 4,393 2,355 TOTAL INFLOW | SAMOA 4,032 4,032 4,400 11,597 4,393 2,355 886-SAMOA | OUTFLOW | SAMOA

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 PROFESSIONAL SERVICES 1,654 1,463 1,600 9,097 1,547 1,905 DEPART OPERATING SUPPLIES 708 520 1,300 2,000 516 -

UTILITIES - - - - - -
UTILITIES-SCE 259 261 800 500 45 35
LLAD WATER USAGE 386 - - - 1,200 415

WAGES/BENEFITS/INSURANCES - - - - - -
SALARIES - FULL TIME 18 111 - - 515 -
FICA/MEDICARE CITY PAID 1 6 - - 28 -
PERS - EPMC - 1 - - - -
PERS - EMPLOYER CONTRIBT (34) 37 - - 61 -
WORKER'S COMPENSATION 2 9 - - 45 -
HEALTH/LIFE/DISAB INSURNC 3 16 - - 84 -
DEFERRED COMP BENEFIT 1 6 - - 12 -
ADMINISTRATIVE COSTS 294 - 700 - - -
TOTAL OUTFLOW | SAMOA 3,291 2,430 4,400 11,597 4,052 2,355 September 25, 2023 Special Meeting of the Lindsay City Council Page 90 of 134

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
NET SUMMARY OF NET CHANGE FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 TOTAL SUMMARY OF NET CHANGE | SWEETBRIER TOW 517 2,789 - - 1,271 - 887-SWEETBRIER TOWNHOUSES | INFLOW | SWEETBRIER TOWNHOUSES

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 SWEETBRIER ASSESS DIST 9,473 9,476 9,700 11,597 11,385 10,365 TOTAL INFLOW | SWEETBRIER TOWNHOUSES 9,473 9,476 9,700 11,597 11,385 10,365 887-SWEETBRIER TOWNHOUSES | OUTFLOW | SWEETBRIER UNITS

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 PROFESSIONAL SERVICES 5,225 5,225 5,700 7,997 5,726 9,295

UTILITIES - - - - - -
UTILITIES-SCE 743 707 1,600 600 299 290
LLAD WATER USAGE 770 - - - 2,298 780
DEPART OPERATING SUPPLIES 1,933 631 1,700 3,000 1,031 -

WAGES/BENEFITS/INSURANCES - - - - - -
SALARIES - FULL TIME 18 76 - - 530 -
FICA/MEDICARE CITY PAID 1 4 - - 29 -
PERS - EPMC - 1 - - - -
PERS - EMPLOYER CONTRIBT (34) 20 - - 61 -
WORKER'S COMPENSATION 2 7 - - 46 -
HEALTH/LIFE/DISAB INSURNC 3 12 - - 81 -
DEFERRED COMP BENEFIT 1 4 - - 13 -
ADMINISTRATIVE COSTS 294 - 700 - - -
TOTAL OUTFLOW | SWEETBRIER UNITS 8,957 6,687 9,700 11,597 10,114 10,365 September 25, 2023 Special Meeting of the Lindsay City Council Page 91 of 134

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
NET SUMMARY OF NET CHANGE FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 TOTAL SUMMARY OF NET CHANGE | PARKSIDE 647 508 - (0) (1,768) - 888-PARKSIDE | INFLOW | PARKSIDE

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 PARKSIDE ASSESS DIST 5,098 5,522 5,700 6,271 5,670 6,800 TOTAL INFLOW | PARKSIDE 5,098 5,522 5,700 6,271 5,670 6,800 888-PARKSIDE | OUTFLOW | PARKSIDE ESTATES

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 PROFESSIONAL SERVICES 2,167 4,378 2,400 6,094 2,580 5,120 DEPART OPERATING SUPPLIES 342 - - - - -

UTILITIES - - - - - -
UTILITIES-SCE 144 220 2,200 177 123 605
LLAD WATER USAGE 1,567 - - - 3,497 1,075

WAGES/BENEFITS/INSURANCES - - - - - -
SALARIES - FULL TIME 129 267 - - 873 -
FICA/MEDICARE CITY PAID 7 15 - - 48 -
PERS - EPMC - 2 - - - -
PERS - EMPLOYER CONTRIBT (237) 54 - - 106 -
WORKER'S COMPENSATION 11 23 - - 76 -
HEALTH/LIFE/DISAB INSURNC 22 43 - - 117 -
DEFERRED COMP BENEFIT 4 11 - - 18 -

OTHER SERVICES & CHARGES - - - - - -
ADMINISTRATIVE COSTS 294 - 1,100 - - -
TOTAL OUTFLOW | PARKSIDE ESTATES 4,451 5,013 5,700 6,271 7,438 6,800 September 25, 2023 Special Meeting of the Lindsay City Council Page 92 of 134

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
NET SUMMARY OF NET CHANGE FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 TOTAL SUMMARY OF NET CHANGE | SIERRA VISTA AS 7,352 7,676 7,400 (0) (35,800) - 889-SIERRA VISTA ASSESSMENT | INFLOW | SIERRA VISTA ASSESSMENT

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 SIERRA VISTA ASSESSMENT 9,335 9,335 9,600 9,554 9,335 6,105 TOTAL INFLOW | SIERRA VISTA ASSESSMENT 9,335 9,335 9,600 9,554 9,335 6,105 889-SIERRA VISTA ASSESSMENT | OUTFLOW | SIERRA VISTA ASSESSMENT

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

WAGES/BENEFITS/INSURANCES
SALARIES - FULL TIME 74 - - - 6,498 -
FICA/MEDICARE CITY PAID 4 - - - 363 -
PERS - EMPLOYER CONTRIBT (135) - - - 733 -
WORKER'S COMPENSATION 6 - - - 539 -
HEALTH/LIFE/DISAB INSURNC 12 - - - 731 -
DEFERRED COMP BENEFIT 2 - - - 92 -
PROFESSIONAL SERVICES 917 1,011 1,000 8,159 10,982 5,385 UTILITIES-SCE 681 648 1,000 1,395 837 720
DEPART OPERATING SUPPLIES 129 - - - 24,360 -
ADMINISTRATIVE COSTS 294 - 200 - - -
TOTAL OUTFLOW | SIERRA VISTA ASSESSMENT 1,983 1,659 2,200 9,554 45,135 6,105 September 25, 2023 Special Meeting of the Lindsay City Council Page 93 of 134

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
NET SUMMARY OF NET CHANGE FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 TOTAL SUMMARY OF NET CHANGE | MAPLE VALLEY A (4,107) (379) - - (1,050) - 890-MAPLE VALLEY ASSESSMENT | INFLOW | MAPLE VALLEY ASSESSMENT

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 MAPLE VALLEY ASSESSMENT 1,398 1,438 2,700 3,617 3,211 4,201 TOTAL INFLOW | MAPLE VALLEY ASSESSMENT 1,398 1,438 2,700 3,617 3,211 4,201 890-MAPLE VALLEY ASSESSMENT | OUTFLOW | MAPLE VALLEY ASSESSMENT

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

UTILITIES
UTILITIES-SCE 917 979 1,700 1,100 824 721
LLAD WATER USAGE 533 - - - 1,637 665
PROFESSIONAL SERVICES 3,726 838 500 2,517 1,106 2,815
DEPART OPERATING SUPPLIES 90 - - - - -

WAGES/BENEFITS/INSURANCES - - - - - -
SALARIES - FULL TIME 129 - - - 541 -
FICA/MEDICARE CITY PAID 6 - - - 29 -
PERS - EMPLOYER CONTRIBT (203) - - - 62 -
WORKER'S COMPENSATION 10 - - - 47 -
DEFERRED COMP BENEFIT 3 - - - 14 -
ADMINISTRATIVE COSTS 294 - 500 - - -
TOTAL OUTFLOW | MAPLE VALLEY ASSESSMENT 5,505 1,817 2,700 3,617 4,261 4,201 September 25, 2023 Special Meeting of the Lindsay City Council Page 94 of 134

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
NET SUMMARY OF NET CHANGE FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 TOTAL SUMMARY OF NET CHANGE | PELOUS RANCH (3,806) 584 (9,300) - (4,632) - 891-PELOUS RANCH | INFLOW | PELOUS RANCH

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024 PELOUS RANCH LLAD 10,195 10,145 10,500 15,750 15,445 20,230 TOTAL INFLOW | PELOUS RANCH 10,195 10,145 10,500 15,750 15,445 20,230 891-PELOUS RANCH | OUTFLOW | PELOUS RANCH

ACTUAL ACTUAL UNAUDITED ADOPTED PROJECTED PROPOSED
CLASSIFICATION FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2024

UTILITIES - - - - - -
UTILITIES-SCE 3,212 2,998 6,700 6,000 5,641 5,085
LLAD WATER USAGE 3,865 - - - - 3,835
PROFESSIONAL SERVICES 6,024 6,023 6,100 9,750 12,008 11,310 DEPART OPERATING SUPPLIES 807 - 6,000 - - -

WAGES/BENEFITS/INSURANCES - - - - - -
SALARIES - FULL TIME 407 353 - - 1,667 -
FICA/MEDICARE CITY PAID 22 20 - - 90 -
PERS - EPMC - 2 - - - -
PERS - EMPLOYER CONTRIBT (745) 65 - - 186 -
WORKER'S COMPENSATION 35 30 - - 146 -
HEALTH/LIFE/DISAB INSURNC 68 56 - - 288 -
DEFERRED COMP BENEFIT 12 14 - - 51 -
ADMINISTRATIVE COSTS 294 - 1,000 - - -
TOTAL OUTFLOW | PELOUS RANCH 14,001 9,561 19,800 15,750 20,077 20,230 September 25, 2023 Special Meeting of the Lindsay City Council Page 95 of 134

CalPERS Unfunded Accrued Liability
Fiscal Year
Miscellaneous
Classic
Miscellaneous
PEPRA
Safety
Classic Safety PEPRA
Total CalPERS UL
Payment by Year
2018-2019 $ 492,817 $ 2,857 $ 288,775 $ 494 $ 784,943
2019-2020 $ 310,879 $ 4,144 $ 235,226 $ 1,706 $ 551,955 2020-2021 $ 339,942 $ 4,352 $ 265,123 $ 1,823 $ 611,240 2021-2022 $ 394,388 $ 4,868 $ 317,328 $ 2,091 $ 718,675 2022-2023 $ 463,245 $ 5,742 $ 379,813 $ 2,532 $ 851,332 2023-2024 $ 434,289 $ - $ 360,632 $ - $ 794,921
2024-2025 $ 532,000 $ 2,300 $ 443,000 $ 1,300 $ 978,600 2025-2026 $ 554,000 $ 2,500 $ 463,000 $ 1,400 $ 1,020,900 2026-2027 $ 576,000 $ 2,700 $ 482,000 $ 1,500 $ 1,062,200 2027-2028 $ 590,000 $ 2,800 $ 494,000 $ 1,500 $ 1,088,300 The California Public Employees Retirement System (CalPERS) manages the City of Lindsay's defined benefit retirement plan for its employees. CalPERS uses contributions from the employer and the employee as well as income from investments to pay for retirement benefits. The unfunded accrued liability is the gap between the amout of future benefits CalPERS is expected to pay out and the amout of assets in the fund.

Mandatory annual payment amounts to reduce the City's accrued unfunded liability for retirement benefits for its employees are projected to increase over the next five years based CalPERS assumptions.

Anticipated increases are summarized on the table below.

The City of Lindsay has made all contributions required by CalPERS to date. The chart on the following page is a visual representation of payment increases by employee category.

September 25, 2023 Special Meeting of the Lindsay City Council Page 96 of 134

CalPERS Unfunded Liability Payments by Fiscal Year
2018-2019 2019-2020 2020-2021 2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028 Safety PEPRA $494 $1,706 $1,823 $2,091 $2,532 $- $1,300 $1,400 $1,500 $1,500 Miscellaneous PEPRA $2,857 $4,144 $4,352 $4,868 $5,742 $- $2,300 $2,500 $2,700 $2,800 Miscellaneous Classic $492,817 $310,879 $339,942 $394,388 $463,245 $434,289 $532,000 $554,000 $576,000 $590,000 Safety Classic $288,775 $235,226 $265,123 $317,328 $379,813 $360,632 $443,000 $463,000 $482,000 $494,000 $-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
September 25, 2023 Special Meeting of the Lindsay City Council Page 97 of 134

LONG-TERM DEBT SUMMARY

FUND OBLIGATION

OBLIGATION

START DATE

BEGINNING

BALANCE
FY 2023-2024 PRINCIPAL

PAYMENTS
FY 2023-2024

INTEREST PAYMENTS
FY 2023-2024

TOTAL PAYMENTS

BALANCE REMAINING
AT JUNE 30, 2024

OBLIGATION

END DATE
101-GENERAL FUND 2012 REVENUE BOND (McDERMONT) 2013 1,835,000 155,000 37,463 192,463 525,000 2027 101-GENERAL FUND 61' SKY BOOM FIRE ENGINE (PIERCE) 2019 725,821.00 73,594 17,549 91,143 327,975 2028 101-GENERAL FUND 2019 AMENDED MEASURE R SETTLEMENT AGREEMENT - TCAG 2019 760,121.12 52,422 - 52,422 484,905 2033 101-GENERAL FUND LIBRARY LANDSCAPING 2010 750,000.00 23,301 13,542 36,843 304,993 2035 101-GENERAL FUND HCD 2020 AGREEMENT 2020 3,790,786.00 89,360 - 89,360 3,423,346 2050 101-GENERAL FUND INTRAFUND LOAN ADVANCES 2022 6,332,305.00 70,000 - 70,000 6,192,305 2112 200-STREET IMPROVEMENT FUND CALTRANS SETTLEMENT AGREEMENT 2020 349,032.00 49,862 4,068 53,930 99,723 2026 263-TRASNPORTATION FUND TULARE ROAD 2008 1,600,000.00 93,663 28,204 121,867 533,097 2029 400-WELLNESS CENTER FUND WELLNESS CENTER 2007 3,000,000.00 55,554 76,572 132,126 1,773,910 2044 552-WATER FUND FRIANT-KERN CANAL MIDDLE REACH PROJECT 2022 194,569.00 112,709 - 112,709 - 2023 552-WATER FUND WATER PLANT EXPANSION 2000 2,440,000.00 63,389 46,485 109,874 1,366,908 2041 553-SEWER FUND SEWER PLANT EXPANSION 1999 7,000,000.00 187,870 135,600 323,470 3,984,436 2039 553-SEWER FUND SEWER INFRASTRUCTURE 2004 480,000.00 10,938 14,685 25,623 324,730 2043 TOTAL PAID FOR DEBT SERVICING: 1,037,663 374,167 1,411,829 19,341,328 2012 REVENUE
BOND
(McDERMONT)
61' SKY BOOM FIRE

ENGINE (PIERCE)
2019 AMENDED

MEASURE R

SETTLEMENT

AGREEMENT -
TCAG

LIBRARY

LANDSCAPING
HCD 2020

AGREEMENT

INTRAFUND LOAN

ADVANCES

CALTRANS

SETTLEMENT

AGREEMENT

TULARE ROAD WELLNESS CENTER

FRIANT-KERN

CANAL MIDDLE

REACH PROJECT

WATER PLANT

EXPANSION

SEWER PLANT

EXPANSION
SEWER

INFRASTRUCTURE
FY 2023-2024 INTEREST PAYMENTS 37,463 17,549 - 13,542 - - 4,068 28,204 76,572 - 46,485 135,600 14,685 FY 2023-2024 PRINCIPAL PAYMENTS 155,000 73,594 52,422 23,301 89,360 70,000 49,862 93,663 55,554 112,709 63,389 187,870 10,938 -
50,000
100,000
150,000
200,000
250,000
300,000
350,000
FY 2023-2024 TOTAL DEBT SERVICING PAYMENTS
September 25, 2023 Special Meeting of the Lindsay City Council Page 98 of 134

2012 REVENUE BOND (McDERMONT)
Original Value $ 1,835,000 Lender: USBANK Lease Bond | 2012 REFUNDING BONDS Start Date 11/1/2012 Principal Acct # 101-4900-047-002
Interest Rate 4.2500% Interest Acct # 101-4900-047-001

PAYMENT DATE INTEREST PRINCIPAL TOTAL PAYMENT BALANCE NOTES 12/15/2016 $ 44,600 $ 105,000 $ 149,600 $ 1,445,000
6/15/2017 $ 42,238 $ 42,238
12/15/2017 $ 42,238 $ 110,000 $ 152,238 $ 1,335,000
6/15/2018 $ 39,625 $ 39,625
12/15/2018 $ 39,625 $ 115,000 $ 154,625 $ 1,220,000
6/15/2019 $ 36,606 $ 36,606
12/15/2019 $ 36,606 $ 125,000 $ 161,606 $ 1,095,000
6/15/2020 $ 33,169 $ 33,169
12/15/2020 $ 33,169 $ 130,000 $ 163,169 $ 965,000
6/15/2021 $ 29,431 $ 29,431
12/15/2021 $ 29,431 $ 140,000 $ 169,431 $ 825,000
6/15/2022 $ 25,406 $ 25,406
12/15/2022 $ 25,406 $ 145,000 $ 170,406 $ 680,000
6/15/2023 $ 21,056 $ 21,056
12/15/2023 $ 21,056 $ 155,000 $ 176,056 $ 525,000
6/15/2024 $ 16,406 $ 16,406
12/15/2024 $ 16,406 $ 165,000 $ 181,406 $ 360,000
6/15/2025 $ 11,250 $ 11,250
12/15/2025 $ 11,250 $ 175,000 $ 186,250 $ 185,000
6/15/2026 $ 5,781 $ 5,781
12/15/2026 $ 5,781 $ 185,000 $ 190,781 $ -
September 25, 2023 Special Meeting of the Lindsay City Council Page 99 of 134

61' SKY BOOM FIRE ENGINE (PIERCE)
Original Value $ 725,821 Lender: PNC
Start Date 1/25/2019 Principal Acct # 101-4110-047-000
Interest Rate 4.3700% Interest Acct # 101-4110-047-001
nper $ 30.0000

PAYMENT DATE INTEREST PRINCIPAL TOTAL PAYMENT BALANCE NOTES 1/25/2019 $ 31,718 $ 59,425 $ 91,143 $ 666,396 #
1/25/2020 $ 29,121 $ 62,021 $ 91,143 $ 604,375 #
1/25/2021 $ 26,411 $ 64,732 $ 91,143 $ 539,643 #
1/25/2022 $ 23,582 $ 67,560 $ 91,143 $ 472,082
1/25/2023 $ 20,630 $ 70,513 $ 91,143 $ 401,570
1/25/2024 $ 17,549 $ 73,594 $ 91,143 $ 327,975
1/25/2025 $ 14,332 $ 76,810 $ 91,143 $ 251,165 #
1/25/2026 $ 10,976 $ 80,167 $ 91,143 $ 170,998 #
1/25/2027 $ 7,473 $ 83,670 $ 91,143 $ 87,328 #
1/25/2028 $ 3,816 $ 87,327 $ 91,143 $ 1 #
September 25, 2023 Special Meeting of the Lindsay City Council Page 100 of 134

2019 AMENDED MEASURE R SETTLEMENT AGREEMENT - TCAG
Original Value $ 760,121 Lender: TCAG
Start Date 4/1/2019 Principal Acct # 101-4130-090-500
Interest Rate 0.0000% Interest Acct # 101-4130-047-001

PAYMENT DATE INTEREST PRINCIPAL TOTAL PAYMENT BALANCE NOTES 4/1/2019 $ - $ 13,106 $ 13,106 $ 747,016
7/1/2019 $ - $ 13,106 $ 13,106 $ 733,910
10/1/2019 $ - $ 13,106 $ 13,106 $ 720,805
1/1/2020 $ - $ 13,106 $ 13,106 $ 707,699
4/1/2020 $ - $ 13,106 $ 13,106 $ 694,593
7/1/2020 $ - $ 13,106 $ 13,106 $ 681,488
10/1/2020 $ - $ 13,106 $ 13,106 $ 668,382
1/1/2021 $ - $ 13,106 $ 13,106 $ 655,277
4/1/2021 $ - $ 13,106 $ 13,106 $ 642,171
7/1/2021 $ - $ 13,106 $ 13,106 $ 629,066
10/1/2021 $ - $ 13,106 $ 13,106 $ 615,960
1/1/2022 $ - $ 13,106 $ 13,106 $ 602,855
4/1/2022 $ - $ 13,106 $ 13,106 $ 589,749
7/1/2022 $ - $ 13,106 $ 13,106 $ 576,644
10/1/2022 $ - $ 13,106 $ 13,106 $ 563,538
1/1/2023 $ - $ 13,106 $ 13,106 $ 550,432
4/1/2023 $ - $ 13,106 $ 13,106 $ 537,327
7/1/2023 $ - $ 13,106 $ 13,106 $ 524,221
10/1/2023 $ - $ 13,106 $ 13,106 $ 511,116
1/1/2024 $ - $ 13,106 $ 13,106 $ 498,010
4/1/2024 $ - $ 13,106 $ 13,106 $ 484,905
7/1/2024 $ - $ 13,106 $ 13,106 $ 471,799
10/1/2024 $ - $ 13,106 $ 13,106 $ 458,694
1/1/2025 $ - $ 13,106 $ 13,106 $ 445,588
4/1/2025 $ - $ 13,106 $ 13,106 $ 432,483
7/1/2025 $ - $ 13,106 $ 13,106 $ 419,377
10/1/2025 $ - $ 13,106 $ 13,106 $ 406,272
1/1/2026 $ - $ 13,106 $ 13,106 $ 393,166
4/1/2026 $ - $ 13,106 $ 13,106 $ 380,060
7/1/2026 $ - $ 13,106 $ 13,106 $ 366,955
10/1/2026 $ - $ 13,106 $ 13,106 $ 353,849
1/1/2027 $ - $ 13,106 $ 13,106 $ 340,744
4/1/2027 $ - $ 13,106 $ 13,106 $ 327,638
7/1/2027 $ - $ 13,106 $ 13,106 $ 314,533
10/1/2027 $ - $ 13,106 $ 13,106 $ 301,427
1/1/2028 $ - $ 13,106 $ 13,106 $ 288,322
4/1/2028 $ - $ 13,106 $ 13,106 $ 275,216
September 25, 2023 Special Meeting of the Lindsay City Council Page 101 of 134

2019 AMENDED MEASURE R SETTLEMENT AGREEMENT - TCAG
7/1/2028 $ - $ 13,106 $ 13,106 $ 262,111
10/1/2028 $ - $ 13,106 $ 13,106 $ 249,005
1/1/2029 $ - $ 13,106 $ 13,106 $ 235,900
4/1/2029 $ - $ 13,106 $ 13,106 $ 222,794
7/1/2029 $ - $ 13,106 $ 13,106 $ 209,688
10/1/2029 $ - $ 13,106 $ 13,106 $ 196,583
1/1/2030 $ - $ 13,106 $ 13,106 $ 183,477
4/1/2030 $ - $ 13,106 $ 13,106 $ 170,372
7/1/2030 $ - $ 13,106 $ 13,106 $ 157,266
10/1/2030 $ - $ 13,106 $ 13,106 $ 144,161
1/1/2031 $ - $ 13,106 $ 13,106 $ 131,055
4/1/2031 $ - $ 13,106 $ 13,106 $ 117,950
7/1/2031 $ - $ 13,106 $ 13,106 $ 104,844
10/1/2031 $ - $ 13,106 $ 13,106 $ 91,739
1/1/2032 $ - $ 13,106 $ 13,106 $ 78,633
4/1/2032 $ - $ 13,106 $ 13,106 $ 65,527
7/1/2032 $ - $ 13,106 $ 13,106 $ 52,422
10/1/2032 $ - $ 13,106 $ 13,106 $ 39,316
1/1/2033 $ - $ 13,106 $ 13,106 $ 26,211
4/1/2033 $ - $ 13,106 $ 13,106 $ 13,105
7/1/2033 $ - $ 13,106 $ 13,106 $ (0)
September 25, 2023 Special Meeting of the Lindsay City Council Page 102 of 134

LIBRARY LANDSCAPING
Original Value $ 750,000 Lender: USDA #97-12 | 2010 USDA RD COP Start Date 5/12/2010 Principal Acct # 450-4500-047-002
Interest Rate 4.1250% Interest Acct # 450-4500-047-001

PAYMENT DATE INTEREST PRINCIPAL TOTAL PAYMENT BALANCE NOTES 11/12/2016 $ 9,656 $ 9,656
5/12/2017 $ 9,656 $ 17,707 $ 27,363 $ 450,441
11/12/2017 $ 9,290 $ 9,291
5/12/2018 $ 9,290 $ 18,415 $ 27,706 $ 432,026
11/12/2018 $ 8,911 $ 8,911
5/12/2019 $ 8,911 $ 19,152 $ 28,063 $ 412,874
11/12/2019 $ 8,516 $ 8,516
5/12/2020 $ 8,516 $ 19,918 $ 28,434 $ 392,956
11/12/2020 $ 8,105 $ 8,105
5/12/2021 $ 8,105 $ 20,714 $ 28,819 $ 372,242
11/12/2021 $ 7,677 $ 7,678
5/12/2022 $ 7,677 $ 21,543 $ 29,221 $ 350,699
11/12/2022 $ 7,233 $ 7,233
5/12/2023 $ 7,233 $ 22,405 $ 29,638 $ 328,294
11/12/2023 $ 6,771 $ 6,771
5/12/2024 $ 6,771 $ 23,301 $ 30,072 $ 304,993
11/12/2024 $ 6,290 $ 6,291
5/12/2025 $ 6,290 $ 24,233 $ 30,524 $ 280,760
11/12/2025 $ 5,791 $ 5,791
5/12/2026 $ 5,791 $ 25,202 $ 30,993 $ 255,558
11/12/2026 $ 5,271 $ 5,271
5/12/2027 $ 5,271 $ 26,210 $ 31,481 $ 229,348
11/12/2027 $ 4,730 $ 4,731
5/12/2028 $ 4,730 $ 27,259 $ 31,990 $ 202,089
11/12/2028 $ 4,168 $ 4,168
5/12/2029 $ 4,168 $ 28,349 $ 32,517 $ 173,740
11/12/2029 $ 3,583 $ 3,584
5/12/2030 $ 3,583 $ 29,483 $ 33,067 $ 144,257
11/12/2030 $ 2,975 $ 2,976
5/12/2031 $ 2,975 $ 30,662 $ 33,638 $ 113,595
11/12/2031 $ 2,343 $ 2,343
5/12/2032 $ 2,343 $ 31,889 $ 34,232 $ 81,706
11/12/2032 $ 1,685 $ 1,685
5/12/2033 $ 1,685 $ 33,165 $ 34,850 $ 48,541
11/12/2033 $ 1,001 $ 1,001
5/12/2034 $ 1,001 $ 34,491 $ 35,492 $ 14,050
11/12/2034 $ 290 $ 290
5/12/2035 $ 290 $ 14,050 $ 14,340 $ -
September 25, 2023 Special Meeting of the Lindsay City Council Page 103 of 134

HCD 2020 AGREEMENT
Original Value $ 3,790,786 Lender: HCD
Start Date 9/30/2020 Principal Acct # 101-4600-090-500
Interest Rate 0.0000% Interest Acct # 101-4600-047-001
nper $ 30.0000

PAYMENT DATE INTEREST PRINCIPAL TOTAL PAYMENT BALANCE NOTES 9/30/2020 $ - $ 10,000 $ 10,000 $ 3,780,786
4/30/2021 $ - $ 89,360 $ 89,360 $ 3,691,426
4/30/2022 $ - $ 89,360 $ 89,360 $ 3,602,066
4/30/2023 $ - $ 89,360 $ 89,360 $ 3,512,706
4/30/2024 $ - $ 89,360 $ 89,360 $ 3,423,346
4/30/2025 $ - $ 89,360 $ 89,360 $ 3,333,986 #
4/30/2026 $ - $ 89,360 $ 89,360 $ 3,244,626 #
4/30/2027 $ - $ 89,360 $ 89,360 $ 3,155,266 #
4/30/2028 $ - $ 89,360 $ 89,360 $ 3,065,906 #
4/30/2029 $ - $ 89,360 $ 89,360 $ 2,976,546 #
4/30/2030 $ - $ 89,360 $ 89,360 $ 2,887,186
4/30/2031 $ - $ 89,360 $ 89,360 $ 2,797,826
4/30/2032 $ - $ 89,360 $ 89,360 $ 2,708,466
4/30/2033 $ - $ 89,360 $ 89,360 $ 2,619,106
4/30/2034 $ - $ 89,360 $ 89,360 $ 2,529,746
4/30/2035 $ - $ 89,360 $ 89,360 $ 2,440,386
4/30/2036 $ - $ 89,360 $ 89,360 $ 2,351,026
4/30/2037 $ - $ 89,360 $ 89,360 $ 2,261,666
4/30/2038 $ - $ 89,360 $ 89,360 $ 2,172,306
4/30/2039 $ - $ 89,360 $ 89,360 $ 2,082,946
4/30/2040 $ - $ 89,360 $ 89,360 $ 1,993,586
4/30/2041 $ - $ 89,360 $ 89,360 $ 1,904,226
4/30/2042 $ - $ 89,360 $ 89,360 $ 1,814,866
4/30/2043 $ - $ 89,360 $ 89,360 $ 1,725,506
4/30/2044 $ - $ 89,360 $ 89,360 $ 1,636,146
4/30/2045 $ - $ 89,360 $ 89,360 $ 1,546,786
4/30/2046 $ - $ 89,360 $ 89,360 $ 1,457,426
4/30/2047 $ - $ 89,360 $ 89,360 $ 1,368,066
4/30/2048 $ - $ 89,360 $ 89,360 $ 1,278,706
4/30/2049 $ - $ 89,360 $ 89,360 $ 1,189,346
4/30/2050 $ - $ 89,346 $ 89,346 $ 1,100,000
September 25, 2023 Special Meeting of the Lindsay City Council Page 104 of 134

INTRAFUND LOAN ADVANCES
Original Value $ 6,332,305 Lender: ENTERPRISE AND RESTRICTED FUNDS Start Date 7/1/2022 Principal Acct # 101-4090-047-002
Interest Rate 0.0000% Interest Acct # 101-4090-047-001
nper $ 30.0000

PAYMENT DATE INTEREST PRINCIPAL TOTAL PAYMENT BALANCE NOTES 7/1/2022 $ - $ 70,000 $ 70,000 $ 6,262,305 Repayment No. 1: Water 7/1/2023 $ - $ 70,000 $ 70,000 $ 6,192,305
7/1/2024 $ - $ 70,000 $ 70,000 $ 6,122,305
7/1/2025 $ - $ 70,000 $ 70,000 $ 6,052,305
7/1/2026 $ - $ 70,000 $ 70,000 $ 5,982,305
7/1/2027 $ - $ 70,000 $ 70,000 $ 5,912,305 #
7/1/2028 $ - $ 70,000 $ 70,000 $ 5,842,305 #
7/1/2029 $ - $ 70,000 $ 70,000 $ 5,772,305 #
7/1/2030 $ - $ 70,000 $ 70,000 $ 5,702,305 #
7/1/2031 $ - $ 70,000 $ 70,000 $ 5,632,305 #
7/1/2032 $ - $ 70,000 $ 70,000 $ 5,562,305
7/1/2033 $ - $ 70,000 $ 70,000 $ 5,492,305
7/1/2034 $ - $ 70,000 $ 70,000 $ 5,422,305
7/1/2035 $ - $ 70,000 $ 70,000 $ 5,352,305
7/1/2036 $ - $ 70,000 $ 70,000 $ 5,282,305
7/1/2037 $ - $ 70,000 $ 70,000 $ 5,212,305
7/1/2038 $ - $ 70,000 $ 70,000 $ 5,142,305
7/1/2039 $ - $ 70,000 $ 70,000 $ 5,072,305
7/1/2040 $ - $ 70,000 $ 70,000 $ 5,002,305
7/1/2041 $ - $ 70,000 $ 70,000 $ 4,932,305
7/1/2042 $ - $ 70,000 $ 70,000 $ 4,862,305
7/1/2043 $ - $ 70,000 $ 70,000 $ 4,792,305
7/1/2044 $ - $ 70,000 $ 70,000 $ 4,722,305
7/1/2045 $ - $ 70,000 $ 70,000 $ 4,652,305
7/1/2046 $ - $ 70,000 $ 70,000 $ 4,582,305
7/1/2047 $ - $ 70,000 $ 70,000 $ 4,512,305
7/1/2048 $ - $ 70,000 $ 70,000 $ 4,442,305 Repayment No. 2: Sewer 7/1/2049 $ - $ 70,000 $ 70,000 $ 4,372,305
7/1/2050 $ - $ 70,000 $ 70,000 $ 4,302,305
7/1/2051 $ - $ 70,000 $ 70,000 $ 4,232,305
7/1/2052 $ - $ 70,000 $ 70,000 $ 4,162,305
7/1/2053 $ - $ 70,000 $ 70,000 $ 4,092,305
7/1/2054 $ - $ 70,000 $ 70,000 $ 4,022,305
7/1/2055 $ - $ 70,000 $ 70,000 $ 3,952,305
7/1/2056 $ - $ 70,000 $ 70,000 $ 3,882,305
7/1/2057 $ - $ 70,000 $ 70,000 $ 3,812,305
7/1/2058 $ - $ 70,000 $ 70,000 $ 3,742,305
September 25, 2023 Special Meeting of the Lindsay City Council Page 105 of 134

INTRAFUND LOAN ADVANCES
7/1/2059 $ - $ 70,000 $ 70,000 $ 3,672,305
7/1/2060 $ - $ 70,000 $ 70,000 $ 3,602,305
7/1/2061 $ - $ 70,000 $ 70,000 $ 3,532,305
7/1/2062 $ - $ 70,000 $ 70,000 $ 3,462,305
7/1/2063 $ - $ 70,000 $ 70,000 $ 3,392,305
7/1/2064 $ - $ 70,000 $ 70,000 $ 3,322,305
7/1/2065 $ - $ 70,000 $ 70,000 $ 3,252,305
7/1/2066 $ - $ 70,000 $ 70,000 $ 3,182,305
7/1/2067 $ - $ 70,000 $ 70,000 $ 3,112,305
7/1/2068 $ - $ 70,000 $ 70,000 $ 3,042,305
7/1/2069 $ - $ 70,000 $ 70,000 $ 2,972,305
7/1/2070 $ - $ 70,000 $ 70,000 $ 2,902,305
7/1/2071 $ - $ 70,000 $ 70,000 $ 2,832,305
7/1/2072 $ - $ 70,000 $ 70,000 $ 2,762,305
7/1/2073 $ - $ 70,000 $ 70,000 $ 2,692,305
7/1/2074 $ - $ 70,000 $ 70,000 $ 2,622,305
7/1/2075 $ - $ 70,000 $ 70,000 $ 2,552,305
7/1/2076 $ - $ 70,000 $ 70,000 $ 2,482,305
7/1/2077 $ - $ 70,000 $ 70,000 $ 2,412,305
7/1/2078 $ - $ 70,000 $ 70,000 $ 2,342,305 Repayment No. 3: Street Improvement 7/1/2079 $ - $ 70,000 $ 70,000 $ 2,272,305
7/1/2080 $ - $ 70,000 $ 70,000 $ 2,202,305
7/1/2081 $ - $ 70,000 $ 70,000 $ 2,132,305
7/1/2082 $ - $ 70,000 $ 70,000 $ 2,062,305
7/1/2083 $ - $ 70,000 $ 70,000 $ 1,992,305
7/1/2084 $ - $ 70,000 $ 70,000 $ 1,922,305
7/1/2085 $ - $ 70,000 $ 70,000 $ 1,852,305
7/1/2086 $ - $ 70,000 $ 70,000 $ 1,782,305
7/1/2087 $ - $ 70,000 $ 70,000 $ 1,712,305
7/1/2088 $ - $ 70,000 $ 70,000 $ 1,642,305
7/1/2089 $ - $ 70,000 $ 70,000 $ 1,572,305
7/1/2090 $ - $ 70,000 $ 70,000 $ 1,502,305
7/1/2091 $ - $ 70,000 $ 70,000 $ 1,432,305
7/1/2092 $ - $ 70,000 $ 70,000 $ 1,362,305
7/1/2093 $ - $ 70,000 $ 70,000 $ 1,292,305
7/1/2094 $ - $ 70,000 $ 70,000 $ 1,222,305
7/1/2095 $ - $ 70,000 $ 70,000 $ 1,152,305
7/1/2096 $ - $ 70,000 $ 70,000 $ 1,082,305
7/1/2097 $ - $ 70,000 $ 70,000 $ 1,012,305
7/1/2098 $ - $ 70,000 $ 70,000 $ 942,305
7/1/2099 $ - $ 70,000 $ 70,000 $ 872,305
7/1/2100 $ - $ 70,000 $ 70,000 $ 802,305
7/1/2101 $ - $ 70,000 $ 70,000 $ 732,305
September 25, 2023 Special Meeting of the Lindsay City Council Page 106 of 134

INTRAFUND LOAN ADVANCES
7/1/2102 $ - $ 70,000 $ 70,000 $ 662,305 Repayment No. 4: Refuse 7/1/2103 $ - $ 70,000 $ 70,000 $ 592,305
7/1/2104 $ - $ 70,000 $ 70,000 $ 522,305
7/1/2105 $ - $ 70,000 $ 70,000 $ 452,305
7/1/2106 $ - $ 70,000 $ 70,000 $ 382,305
7/1/2107 $ - $ 70,000 $ 70,000 $ 312,305
7/1/2108 $ - $ 70,000 $ 70,000 $ 242,305 Repayment No. 5: Wastewater Capital Outlay Reserve Fund 7/1/2109 $ - $ 70,000 $ 70,000 $ 172,305 Repayment No. 6: Storm Drain 7/1/2110 $ - $ 70,000 $ 70,000 $ 102,305
7/1/2111 $ - $ 70,000 $ 70,000 $ 32,305 Repayment No. 7: Parks 7/1/2112 $ - $ 32,305 $ 32,305 $ - Repayment No. 8: Curb and Gutter September 25, 2023 Special Meeting of the Lindsay City Council Page 107 of 134

CALTRANS SETTLEMENT AGREEMENT
Original Value $ 349,032 Lender: CA Dept of Trans | P1575-0021 Start Date 1/15/2020 Principal Acct # 200 - 047-002
Interest Rate 2.0000% Interest Acct # 200 - 047-001

PAYMENT DATE INTEREST PRINCIPAL TOTAL PAYMENT BALANCE NOTES 1/15/2020 $ 4,068 $ 49,862 $ 53,930 $ 299,170 #
1/15/2021 $ 4,068 $ 49,862 $ 53,930 $ 249,309 #
1/15/2022 $ 4,068 $ 49,862 $ 53,930 $ 199,447 #
1/15/2023 $ 4,068 $ 49,862 $ 53,930 $ 149,585
1/15/2024 $ 4,068 $ 49,862 $ 53,930 $ 99,723 #
1/15/2025 $ 4,068 $ 49,862 $ 53,930 $ 49,862 #
1/15/2026 $ 4,068 $ 49,862 $ 53,930 $ - #
September 25, 2023 Special Meeting of the Lindsay City Council Page 108 of 134

TULARE ROAD
Original Value $ 1,600,000 Lender: USDA #97-15 | 2008 USDA RD COP Start Date 8/12/2008 Principal Acct # 263-4180-047-002
Interest Rate 4.5000% Interest Acct # 263-4180-047-001

PAYMENT DATE INTEREST PRINCIPAL TOTAL PAYMENT BALANCE NOTES 11/12/2017 $ 24,250 $ 72,964 $ 97,214
5/12/2018 $ 24,250 $ 24,250 $ 1,040,817
11/12/2018 $ 22,550 $ 76,065 $ 98,615
5/12/2019 $ 22,550 $ 22,550 $ 964,752
11/12/2019 $ 20,800 $ 79,298 $ 100,098
5/12/2020 $ 20,800 $ 20,800 $ 885,454
11/12/2020 $ 19,923 $ 82,668 $ 102,591
5/12/2021 $ 19,923 $ 19,923 $ 802,786
11/12/2021 $ 18,063 $ 86,182 $ 104,245
5/12/2022 $ 18,063 $ 18,063 $ 716,604
11/12/2022 $ 16,124 $ 89,844 $ 105,968
5/12/2023 $ 16,124 $ 16,124 $ 626,760
11/12/2023 $ 14,102 $ 93,663 $ 107,765
5/12/2024 $ 14,102 $ 14,102 $ 533,097
11/12/2024 $ 11,995 $ 97,643 $ 109,638
5/12/2025 $ 11,995 $ 11,995 $ 435,454
11/12/2025 $ 9,798 $ 101,793 $ 111,591
5/12/2026 $ 9,798 $ 9,798 $ 333,661
11/12/2026 $ 7,507 $ 106,119 $ 113,626
5/12/2027 $ 7,507 $ 7,507 $ 227,542
11/12/2027 $ 5,120 $ 110,630 $ 115,750
5/12/2028 $ 5,120 $ 5,120 $ 116,912
11/12/2028 $ 2,631 $ 116,912 $ 119,543
5/12/2029 $ 2,631 $ 2,631 $ -
September 25, 2023 Special Meeting of the Lindsay City Council Page 109 of 134

WELLNESS CENTER
Original Value $ 3,000,000 Lender: USDA #97-13 | 2007 USDA RD Start Date 7/20/2007 Principal Acct # 400-4400-047-002
Interest Rate 4.2500% Interest Acct # 400-4400-047-001

PAYMENT DATE INTEREST PRINCIPAL TOTAL PAYMENT BALANCE NOTES 7/20/2017 $ 43,875 $ 43,277 $ 87,152 $ 2,075,053
1/20/2018 $ 44,095 $ 44,095
7/20/2018 $ 44,095 $ 45,116 $ 89,211 $ 2,029,937
1/20/2019 $ 43,136 $ 43,136
7/20/2019 $ 43,136 $ 47,034 $ 90,170 $ 1,982,903
1/20/2020 $ 42,137 $ 42,137
7/20/2020 $ 42,137 $ 49,033 $ 91,170 $ 1,933,870
1/20/2021 $ 41,095 $ 41,095
7/20/2021 $ 41,095 $ 51,117 $ 92,212 $ 1,882,753
1/20/2022 $ 40,009 $ 40,009
7/20/2022 $ 40,009 $ 53,289 $ 93,298 $ 1,829,464
1/20/2023 $ 38,876 $ 38,876
7/20/2023 $ 38,876 $ 55,554 $ 94,430 $ 1,773,910
1/20/2024 $ 37,696 $ 37,696
7/20/2024 $ 37,696 $ 57,915 $ 95,611 $ 1,715,995
1/20/2025 $ 36,465 $ 36,465
7/20/2025 $ 36,465 $ 60,376 $ 96,841 $ 1,655,619
1/20/2026 $ 35,182 $ 35,182
7/20/2026 $ 35,182 $ 62,942 $ 98,124 $ 1,592,677
1/20/2027 $ 33,844 $ 33,844
7/20/2027 $ 33,844 $ 65,618 $ 99,462 $ 1,527,059
1/20/2028 $ 32,450 $ 32,450
7/20/2028 $ 32,450 $ 68,406 $ 100,856 $ 1,458,653
1/20/2029 $ 30,996 $ 30,996
7/20/2029 $ 30,996 $ 71,314 $ 102,310 $ 1,387,339
1/20/2030 $ 29,481 $ 29,481
7/20/2030 $ 29,481 $ 74,344 $ 103,825 $ 1,312,995
1/20/2031 $ 27,901 $ 27,901
7/20/2031 $ 27,901 $ 77,504 $ 105,405 $ 1,235,491
1/20/2032 $ 26,254 $ 26,254
7/20/2032 $ 26,254 $ 80,798 $ 107,052 $ 1,154,693
1/20/2033 $ 24,537 $ 24,537
7/20/2033 $ 24,537 $ 84,232 $ 108,769 $ 1,070,461
1/20/2034 $ 22,747 $ 22,747
7/20/2034 $ 22,747 $ 87,812 $ 110,559 $ 982,649
1/20/2035 $ 20,881 $ 20,881
7/20/2035 $ 20,881 $ 91,544 $ 112,425 $ 891,105
1/20/2036 $ 18,936 $ 18,936
September 25, 2023 Special Meeting of the Lindsay City Council Page 110 of 134

WELLNESS CENTER
Original Value $ 3,000,000 Lender: USDA #97-13 | 2007 USDA RD Start Date 7/20/2007 Principal Acct # 400-4400-047-002
Interest Rate 4.2500% Interest Acct # 400-4400-047-001

PAYMENT DATE INTEREST PRINCIPAL TOTAL PAYMENT BALANCE NOTES 7/20/2036 $ 18,936 $ 95,434 $ 114,370 $ 795,671
1/20/2037 $ 16,908 $ 16,908
7/20/2037 $ 16,908 $ 99,490 $ 116,398 $ 696,181
1/20/2038 $ 14,794 $ 14,794
7/20/2038 $ 14,794 $ 103,719 $ 118,513 $ 592,462
1/20/2039 $ 12,590 $ 12,590
7/20/2039 $ 12,590 $ 108,127 $ 120,717 $ 484,335
1/20/2040 $ 10,292 $ 10,292
7/20/2040 $ 10,292 $ 112,722 $ 123,014 $ 371,613
1/20/2041 $ 7,897 $ 7,897
7/20/2041 $ 7,897 $ 117,513 $ 125,410 $ 254,100
1/20/2042 $ 5,400 $ 5,400
7/20/2042 $ 5,400 $ 122,507 $ 127,907 $ 131,593
1/20/2043 $ 2,796 $ 2,796
7/20/2043 $ 2,796 $ 127,713 $ 130,509 $ 3,880
1/20/2044 $ 82 $ 82
7/20/2044 $ 82 $ 3,880 $ 3,962 $ -
September 25, 2023 Special Meeting of the Lindsay City Council Page 111 of 134

FRIANT-KERN CANAL MIDDLE REACH PROJECT
Original Value $ 194,569 Lender: Friant Water Authority Start Date 10/1/2021 Principal Acct # 552-4552-047-002
Interest Rate 2.9300% Interest Acct # 552-4552-047-001
nper $ 30.0000

PAYMENT DATE INTEREST PRINCIPAL TOTAL PAYMENT BALANCE NOTES 10/1/2021 $ - $ 26,345 $ - $ 168,224 Payment Deferral Grated until 04/01/2022 1/3/2022 $ 199 $ 28,408 $ - $ 139,816 Payment Deferral Grated until 04/01/2022 4/1/2022 $ 388 $ 27,107 $ 82,447 $ 112,709 Payment Deferral Grated until 04/01/2022 7/1/2022 $ - $ 26,731 $ 26,731 $ 85,978
10/3/2022 $ - $ 28,818 $ 28,818 $ 57,160
1/3/2023 $ - $ 29,250 $ 29,250 $ 27,910 #
4/1/2023 $ - $ 27,910 $ 27,910 $ - #
September 25, 2023 Special Meeting of the Lindsay City Council Page 112 of 134

WATER PLANT EXPANSION
Original Value $ 2,440,000 Lender: USDA #91-06 | 2000 USDA RD Start Date 12/11/2000 Principal Acct # 552-4552-047-002 Interest Rate 3.2500% Interest Acct # 552-4552-047-001
nper $ 40.0000

PAYMENT DATE INTEREST PRINCIPAL TOTAL PAYMENT BALANCE NOTES 12/11/2016 $ 59,200 $ 50,674 $ 109,874 $ 1,770,862 #
12/11/2017 $ 57,553 $ 52,321 $ 109,874 $ 1,718,541 #
12/11/2018 $ 55,853 $ 54,021 $ 109,874 $ 1,664,520 #
12/11/2019 $ 54,097 $ 55,777 $ 109,874 $ 1,608,742 #
12/11/2020 $ 52,284 $ 57,590 $ 109,874 $ 1,551,153 #
12/11/2021 $ 50,412 $ 59,462 $ 109,874 $ 1,491,691 #
12/11/2022 $ 48,480 $ 61,394 $ 109,874 $ 1,430,297
12/11/2023 $ 46,485 $ 63,389 $ 109,874 $ 1,366,908 #
12/11/2024 $ 44,424 $ 65,450 $ 109,874 $ 1,301,458 #
12/11/2025 $ 42,297 $ 67,577 $ 109,874 $ 1,233,882 #
12/11/2026 $ 40,101 $ 69,773 $ 109,874 $ 1,164,109 #
12/11/2027 $ 37,834 $ 72,040 $ 109,874 $ 1,092,068 #
12/11/2028 $ 35,492 $ 74,382 $ 109,874 $ 1,017,686 #
12/11/2029 $ 33,075 $ 76,799 $ 109,874 $ 940,887 #
12/11/2030 $ 30,579 $ 79,295 $ 109,874 $ 861,592 #
12/11/2031 $ 28,002 $ 81,872 $ 109,874 $ 779,720 #
12/11/2032 $ 25,341 $ 84,533 $ 109,874 $ 695,187 #
12/11/2033 $ 22,594 $ 87,280 $ 109,874 $ 607,906 #
12/11/2034 $ 19,757 $ 90,117 $ 109,874 $ 517,789 #
12/11/2035 $ 16,828 $ 93,046 $ 109,874 $ 424,743 #
12/11/2036 $ 13,804 $ 96,070 $ 109,874 $ 328,674 #
12/11/2037 $ 10,682 $ 99,192 $ 109,874 $ 229,482 #
12/11/2038 $ 7,458 $ 102,416 $ 109,874 $ 127,066 #
12/11/2039 $ 4,130 $ 105,744 $ 109,874 $ 21,321 #
12/11/2040 $ 693 $ 21,321 $ 109,874 $ - #
September 25, 2023 Special Meeting of the Lindsay City Council Page 113 of 134

SEWER PLANT EXPANSION
Original Value $ 7,000,000 Lender: USDA #92-04 | 1999 USDA RD Start Date 11/29/1999 Principal Acct # 553-4553-047-002 Interest Rate 3.2500% Interest Acct # 553-4553-047-001
nper $ 30.0000

PAYMENT DATE INTEREST PRINCIPAL TOTAL PAYMENT BALANCE NOTES 11/28/2016 $ 173,285 $ 150,185 $ 323,470 $ 5,181,655 15 11/28/2017 $ 168,404 $ 155,066 $ 323,470 $ 5,026,589 16 11/28/2018 $ 163,364 $ 160,106 $ 323,470 $ 4,866,483 17 11/28/2019 $ 158,161 $ 165,309 $ 323,470 $ 4,701,174 18 11/28/2020 $ 152,788 $ 170,682 $ 323,470 $ 4,530,492 19 11/28/2021 $ 147,241 $ 176,229 $ 323,470 $ 4,354,263
11/28/2022 $ 141,514 $ 181,956 $ 323,470 $ 4,172,306 21 11/28/2023 $ 135,600 $ 187,870 $ 323,470 $ 3,984,436
11/28/2024 $ 129,494 $ 193,976 $ 323,470 $ 3,790,461 23 11/28/2025 $ 123,190 $ 200,280 $ 323,470 $ 3,590,180 24 11/28/2026 $ 116,681 $ 206,789 $ 323,470 $ 3,383,391 25 11/28/2027 $ 109,960 $ 213,510 $ 323,470 $ 3,169,882 26 11/28/2028 $ 103,021 $ 220,449 $ 323,470 $ 2,949,433 27 11/28/2029 $ 95,857 $ 227,613 $ 323,470 $ 2,721,819 28
11/28/2030 $ 88,459 $ 235,011 $ 323,470 $ 2,486,808 29
11/28/2031 $ 80,821 $ 242,649 $ 323,470 $ 2,244,160 30
11/28/2032 $ 72,935 $ 250,535 $ 323,470 $ 1,993,625 31
11/28/2033 $ 64,793 $ 258,677 $ 323,470 $ 1,734,948 32
11/28/2034 $ 56,386 $ 267,084 $ 323,470 $ 1,467,863 33
11/28/2035 $ 47,706 $ 275,764 $ 323,470 $ 1,192,099 34
11/28/2036 $ 38,743 $ 284,727 $ 323,470 $ 907,372 35
11/28/2037 $ 29,490 $ 293,980 $ 323,470 $ 613,392 36
11/28/2038 $ 19,935 $ 303,535 $ 323,470 $ 309,857 37
11/28/2039 $ 10,070 $ 309,857 $ 323,470 $ - 38
September 25, 2023 Special Meeting of the Lindsay City Council Page 114 of 134

SEWER INFRASTRUCTURE
Original Value $ 480,000 Lender: USDA #92-09 | 2004 USDA RD Start Date 6/28/2004 Principal Acct # 553-4553-047-002
Interest Rate 4.3750% Interest Acct # 553-4553-047-001
nper $ 30.0000

PAYMENT DATE INTEREST PRINCIPAL TOTAL PAYMENT BALANCE NOTES 6/28/2017 $ 17,259 $ 8,364 $ 25,623 $ 392,310 16
6/28/2018 $ 17,164 $ 8,459 $ 25,623 $ 383,851 17
6/28/2019 $ 16,793 $ 8,830 $ 25,623 $ 375,021 18
6/28/2020 $ 16,407 $ 9,216 $ 25,623 $ 365,805 19
6/28/2021 $ 16,004 $ 9,619 $ 25,623 $ 356,186 20
6/28/2022 $ 15,583 $ 10,040 $ 25,623 $ 346,147
6/28/2023 $ 15,144 $ 10,479 $ 25,623 $ 335,667 22
6/28/2024 $ 14,685 $ 10,938 $ 25,623 $ 324,730
6/28/2025 $ 14,207 $ 11,416 $ 25,623 $ 313,314 24
6/28/2026 $ 13,707 $ 11,916 $ 25,623 $ 301,398 25
6/28/2027 $ 13,186 $ 12,437 $ 25,623 $ 288,961 26
6/28/2028 $ 12,642 $ 12,981 $ 25,623 $ 275,981 27
6/28/2029 $ 12,074 $ 13,549 $ 25,623 $ 262,432 28
6/28/2030 $ 11,481 $ 14,142 $ 25,623 $ 248,290 29
6/28/2031 $ 10,863 $ 14,760 $ 25,623 $ 233,530 30
6/28/2032 $ 10,217 $ 15,406 $ 25,623 $ 218,124 31
6/28/2033 $ 9,543 $ 16,080 $ 25,623 $ 202,044 32
6/28/2034 $ 8,839 $ 16,784 $ 25,623 $ 185,260 33
6/28/2035 $ 8,105 $ 17,518 $ 25,623 $ 167,742 34
6/28/2036 $ 7,339 $ 18,284 $ 25,623 $ 149,458 35
6/28/2037 $ 6,539 $ 19,084 $ 25,623 $ 130,374 36
6/28/2038 $ 5,704 $ 19,919 $ 25,623 $ 110,454 37
6/28/2039 $ 4,832 $ 20,791 $ 25,623 $ 89,664 38
6/28/2040 $ 3,923 $ 21,700 $ 25,623 $ 67,964 37
6/28/2041 $ 2,973 $ 22,650 $ 25,623 $ 45,314 38
6/29/2042 $ 1,982 $ 23,641 $ 25,623 $ 21,674 37
6/29/2043 $ 948 $ 21,674 $ 25,623 $ - 38
September 25, 2023 Special Meeting of the Lindsay City Council Page 115 of 134

RDA OBLIGATION DEBT SERVICE: 2015 BOND ISSUE
RDA OBLIGATION DEBT (NOT CITY DEBT); REPAID USING ROPS FUNDS Original Value $ 19,596,085 Lender: US BANK Bond
Start Date 8/1/2015 Principal Acct # 660-0000-047-002
Interest Rate 3.0000% Interest Acct # 660-0000-047-001
nper $ 30.0000

PAYMENT DATE INTEREST PRINCIPAL TOTAL PAYMENT BALANCE RATE NOTES 8/1/2017 $ 247,528 $ 395,000 $ 642,528 $ 17,821,094 3.000% # 2/1/2018 $ 241,603 $ 241,603 $ 17,579,491 #
8/1/2018 $ 241,603 $ 410,000 $ 651,603 $ 16,927,888 4.000% # 2/1/2019 $ 233,403 $ 233,403 $ 16,694,484 #
8/1/2019 $ 233,403 $ 430,000 $ 663,403 $ 16,031,081 4.000% # 2/1/2020 $ 224,803 $ 224,803 $ 15,806,278 #
8/1/2020 $ 224,803 $ 435,000 $ 659,803 $ 15,146,475 5.000% # 2/1/2021 $ 213,928 $ 213,928 $ 14,932,547 #
8/1/2021 $ 213,928 $ 465,000 $ 678,928 $ 14,253,619 5.000% # 2/1/2022 $ 202,303 $ 202,303 $ 14,051,316 #
8/1/2022 $ 202,303 $ 485,000 $ 687,303 $ 13,364,013 5.000% # 2/1/2023 $ 190,178 $ 190,178 $ 13,173,834 #
8/1/2023 $ 190,178 $ 510,000 $ 700,178 $ 12,473,656 5.000% # 2/1/2024 $ 177,428 $ 177,428 $ 12,296,228 #
8/1/2024 $ 177,428 $ 535,000 $ 712,428 $ 11,583,800 5.000% # 2/1/2025 $ 164,053 $ 164,053 $ 11,419,747 #
8/1/2025 $ 164,053 $ 565,000 $ 729,053 $ 10,690,694 3.000% # 2/1/2026 $ 155,578 $ 155,578 $ 10,535,116 #
8/1/2026 $ 155,578 $ 585,000 $ 740,578 $ 9,794,537 3.125% # 2/1/2027 $ 146,438 $ 146,438 $ 9,648,100 #
8/1/2027 $ 146,438 $ 595,000 $ 741,438 $ 8,906,662 3.250% # 2/1/2028 $ 136,769 $ 136,769 $ 8,769,894 #
8/1/2028 $ 136,769 $ 615,000 $ 751,769 $ 8,018,125 3.250% # 2/1/2029 $ 126,775 $ 126,775 $ 7,891,350 #
8/1/2029 $ 126,775 $ 640,000 $ 766,775 $ 7,124,575 3.500% # 2/1/2030 $ 115,575 $ 115,575 $ 7,009,000 #
8/1/2030 $ 115,575 $ 660,000 $ 775,575 $ 6,233,425 3.500% # 2/1/2031 $ 104,025 $ 104,025 $ 6,129,400 #
8/1/2031 $ 104,025 $ 680,000 $ 784,025 $ 5,345,375 3.625% # 2/1/2032 $ 91,700 $ 91,700 $ 5,253,675 #
8/1/2032 $ 91,700 $ 710,000 $ 801,700 $ 4,451,975 3.750% # 2/1/2033 $ 78,388 $ 78,388 $ 4,373,587 #
8/1/2033 $ 78,388 $ 730,000 $ 808,388 $ 3,565,200 3.750% # 2/1/2034 $ 64,700 $ 64,700 $ 3,500,500 #
8/1/2034 $ 64,700 $ 760,000 $ 824,700 $ 2,675,800 4.000% # 2/1/2035 $ 49,500 $ 49,500 $ 2,626,300 #
8/1/2035 $ 49,500 $ 790,000 $ 839,500 $ 1,786,800 4.000% # 2/1/2036 $ 33,700 $ 33,700 $ 1,753,100 #
8/1/2036 $ 33,700 $ 825,000 $ 858,700 $ 894,400 4.000% # 2/1/2037 $ 17,200 $ 17,200 $ 877,200 #
8/1/2037 $ 17,200 $ 860,000 $ 877,200 $ (0) 4.000% #
September 25, 2023 Special Meeting of the Lindsay City Council Page 116 of 134

APPROPRIATIONS LIMIT: GANN APPROPRIATIONS LIMIT

FISCAL YEAR PER CAPITA

ADJUSTMENT

POPULATION

ADJUSTMENT
TOTAL

ADJUSTMENT

APPROPRIATIONS
LIMIT
NOTES
2006 1.0526 1.0201 1.0738 $ 8,098,584
2007 1.0396 1.0094 1.0494 $ 8,498,430
2008 1.0442 1.0001 1.0443 $ 8,874,948
2009 1.0429 1.0434 1.0882 $ 9,657,379
2010 1.0062 1.0156 1.0219 $ 9,868,844
2011 0.9746 1.0116 0.9859 $ 9,729,747 Per Capita Adj. X Population Adj. = Approp. Limit 2012 1.0251 1.0219 1.0475 $ 10,192,393
2013 1.0377 1.0238 1.0624 $ 10,828,370
2014 1.0512 1.0077 1.0593 $ 11,470,430
2015 0.9977 1.0093 1.0070 $ 11,550,478
2016 1.0382 1.0050 1.0434 $ 12,051,665
2017 1.0537 1.0134 1.0678 $ 12,869,004
2018 1.0369 1.0041 1.0412 $ 13,398,580
2019 1.0367 1.0091 1.0461 $ 14,016,710
2020 1.0385 1.0227 1.0620 $ 14,886,217
2021 1.0373 1.0001 1.0374 $ 15,442,646
2022 1.0755 0.9954 1.0706 $ 16,532,259
2023 1.0755 0.9954 1.0706 $ 17,698,754
2024 1.0444 0.9934 1.0375 $ 18,362,398

COMPONENT FACTOR NOTES
Per Capita Personal Income Change from FY 2022-2022 to FY 2022-2023 4.44% Source: Department of Finance Population Change (same period) -0.66%
Per Capita Cost of Living Ratio 1.0444
Population Ratio 0.9934
Rate Factor 1.0375 Per Capita Ratio X Population Ratio
REVENUE FY 2022 Projected NOTES
Property Tax Secured $ 420,000 Source: FY 2022 Budget
Property Tax Unsecured $ 22,500
Sales & Use Tax $ 1,559,000
Transactions & Use Tax (Measure O) $ 1,710,000
Gas Tax $ 322,647
Business Licenses $ 101,620
Pass-Thru & Other Property Tax $ 247,000
Street Improvement Program $ 1,016,168
Franchise Fees $ 167,000
Local Measure R Tax $ 297,402
Property Transfer $ -
Transient Occupancy Tax $ 144,720
Utility Users Tax $ 1,114,245
Pub Safety1/2 Cent Fund $ 98,600
COPS SLESF $ 165,280
TOTAL UNADJUSTED APPROPRIATIONS SUBJECT TO LIMIT $ 7,386,182

FACTOR NOTES
GANN Limit for FY 2024 $ 18,362,398
Unadjusted Appropriations Subject to Limit $ 7,386,182
Projected Appropriations are below Limit by $ 10,976,216 Lindsay is well within the appropriations limit

PRICE AND POPULATION FACTORS
DETERMINING THE FY 2023 RATE FACTOR
FY 2023 TAX APPROPRIATIONS SUBJECT TO THE GANN LIMIT
LIMIT
September 25, 2023 Special Meeting of the Lindsay City Council Page 117 of 134

CITY OF LINDSAY
Proposed
Capital Improvement Plan
Fiscal Years 2024-2029
September 25, 2023 Special Meeting of the Lindsay City Council Page 118 of 134

Purpose, Goals, and Objectives
The goal of the Capital Improvement Plan (CIP) is to establish a reasonable and executable plan for the development and implementation of multiple capital projects over the next five fiscal years.

The CIP outlines all the capital projects that the City of Lindsay (City) plans to develop and/or implement during fiscal years 2023/2024 through 2028/2029. Capital projects included in the CIP are chosen to reflect the priorities and strategies established by City Council. Projects included in the CIP typically include projects over $15,000 or that have a useful life of more than five years.

This CIP aims to further citywide goals including installing new active transportation features, improving City parks, rehabilitating aging city facilities, and investing in sewer, storm drain, water, and street infrastructure. In developing the Capital Improvement Plan, the City strives to balance responsible stewardship of core capital programs for the foreseeable future and executing desirable enhancements to the City landscape.

Core programs involve rehabilitating aging City infrastructure and are generally in line with direct regulatory requirements. The City’s Annual Street Rehabilitation Program addresses the issue of the City’s pavement condition (PCI). Funding these programs as recommended indicates the City’s continued investment in improving its core infrastructure and keeping them functioning safely and smoothly. By necessity and design, discretionary projects including transportation and parks capital projects share funding sources with the core capital programs, as well as operations and maintenance. Striking the right balance by investing in maintenance of City assets and improving or redeveloping those assets is a process that requires thought and intention. At its essence, the CIP is both an outline of the City’s values and priorities, and a plan for how to fund and execute those priorities in a meaningful way. The plan presented here offers a way to both support our essential infrastructure and to deliver enhancements to our City’s landscape and facilities.

A key part of this CIP is to lay out the project descriptions and sources of funding for each project.

The funding sources for the projects include a mixture of local revenue, regional funding, and State and Federal funding sources. Substantial portions of the American Rescue Plan Act allocations to the City will be dedicated to funding adopted Fiscal Year 2023 – 2024 CIP projects.

While the City continues to work towards full fiscal recovery, the General Fund is constrained as a resource for funding CIP projects.

The City of Lindsay adopts annual appropriations for Operating and CIP budgets. Although the CIP outlines capital projects over five years, there are no specific City Council appropriations established via the adoption of the Five-Year CIP beyond the first year of the plan. Subsequent year projects costs and funding sources are identified as part of the CIP for planning and scheduling purposes only. For the Fiscal Year 2023 – 2024, the total cost of CIP projects proposed for City Council approval and appropriation is $9,166,721.00. Please reference schedule for planned projects by category for a complete breakdown of the projects by fund and functional categories.

September 25, 2023 Special Meeting of the Lindsay City Council Page 119 of 134

Projects Overview
Lindsay’s capital projects may be divided into four categories. They are current-year funded projects, Five-Year Capital Improvements Plan (CIP) projects, planned, but unfunded projects, and unfunded future needs projects.

Category 1 Projects: Current – Year Funded Projects
This category includes projects that funding has been appropriated in the current fiscal year’s capital budgets. The City Council has determined through the annual budgeting process that these projects are in the best interest of the public’s health, safety, and welfare. These projects have been carefully planned to maximize the benefits derived using the City’s available resources. Projects that generate future revenues that will fund future services and projects and benefit the entire community will generally receive first priority for funding.

Category 2 Projects: Five-Year Capital Improvement Plan (CIP) Projects This category includes projects where funding will come from projected revenues in the second through fifth year of the Five-Year Capital Improvements Plan (CIP). The fiscal year in which anticipated funding has been reserved may change. All projects in this category are tied to a projected funding source.

Category 3 Projects: Planned but Unfunded Projects
This category includes projects that are planned and required to maintain established levels of services throughout the City for the existing population. Typically, these projects are needed as a result of deteriorating infrastructure, updates to various General Plan Elements, or are in areas where minimum levels of service are not currently being met. These projects are not intended to promote residential growth, but to sustain municipal services for the existing residents. If a funding source becomes available, a project in this category may be moved to a Category 2 Project.

Category 4 Projects: Unfunded Future Needs Projects
Projects under this category are a condition of future growth and will generally be included in undeveloped areas. It is the intent of the City that development should pay for public improvements to meet established minimum levels of service. In this category, projects may be funded via community facilities districts, as appropriate.

Common CIP Terms
The CIP uses an appropriation/encumbrance system to track individual project and fund balances.

Appropriation
Funding is authorized for a project by resolution of the City Council. Council actions may be for an individual project or through the adoption of the CIP through the annual budget process.

September 25, 2023 Special Meeting of the Lindsay City Council Page 120 of 134

Appropriations are valid for the life of the project or until Council takes further action.

Encumbrance
The process used to reserve funds when a purchase requisition or contract is finalized, but funds are not yet paid out as an expense.

Project Sponsor
The Project Sponsor is a key internal stakeholder responsible for developing project criteria, providing conceptual design review, and providing project information to Council during the planning phase.

Project Manager
The Project Manager is responsible for project implementation during the planning, design, and construction phases. This will include establishing and running project meetings, communications, and outreach, acquiring necessary permits, CEQA compliance, hiring and managing consultants and contractors.

Proposed Projects
Project Categories and Total Five – Year Projected Costs

CATEGORY FUNDED
FY 2023-2024

UNFUNDED
FY 2025-2028
TOTAL
Building /Facilities 445,000 1,342,500 1,787,500
Public Safety 48,000 220,000 268,000
Parks Facilities 2,565,200 75,000 2,640,200
Fleet – Vehicles/Apparatus 219,379 250,000 469,379
Streets/Alleyways and Pedestrian Pathways
and Bikeways
4,032,782 - 4,032,782
Transportation - 6,489,000 6,489,000
Wellness Center 98,000 127,000 225,000
Water 1,278,360 35,250,800 36,529,160
Sewer and Storm Drainage 480,000 2,550,000 3,030,000
September 25, 2023 Special Meeting of the Lindsay City Council Page 121 of 134

Fiscal Year 2023 – 2024
Funded Projects by Category
September 25, 2023 Special Meeting of the Lindsay City Council Page 122 of 134

CATEGORY DEPARTMENT FUNDING SOURCE (1) FUND PROPOSED 2024

BUILDINGS/FACILITIES
Public Safety Office Upgrade PUBLIC SAFETY GENERAL FUND 101 20,000 Downtown Fire Clean Up CITYWIDE GENERAL FUND/ARPA 101/306 315,000 Economic Development CITYWIDE GENERAL FUND/ARPA 101/306 40,000 Finance Department Office Upgrade FINANCE DEPARTMENT GENERAL FUND 101 45,000 Human Resource/City Clerk Office Upgrade HUMAN RESOURCES/CITY CLERK GENERAL FUND 101 25,000 BUILDINGS / FACILITIES TOTAL:

445,000
CATEGORY DEPARTMENT FUNDING SOURCE FUND PROPOSED 2024

PUBLIC SAFETY
Wildland Firefighting Gear (16) PUBLIC SAFETY VFC GRANT: $7,571/GENERAL FUND: $10,430
101 18,000
Axon Body Cameras/Tasers PUBLIC SAFETY COPS GRANTS (SLEFS) 101 30,000 PUBLIC SAFETY TOTAL:

48,000
September 25, 2023 Special Meeting of the Lindsay City Council Page 123 of 134

CATEGORY DEPARTMENT FUNDING SOURCE FUND PROPOSED 2024
PARKS (4)
Olive Bowl/Kaku Park Upgrades PARKS CLEAN CA GRANT (CALTRANS) 460 1,500,000 City Wide Park Improvements PARKS GENERAL FUND/ARPA 101/306 1,050,200

EQUIPMENT
Lawn Mowers PARKS GENERAL FUND 101
15,000
PARKS TOTAL:

2,565,200
CATEGORY DEPARTMENT FUNDING SOURCE FUND PROPOSED 2024

FLEET - VEHICLES/APPARATUS
Forklift SEWER/WATER SEWER/WATER 553/552 50,000
Flatbed 2500 Truck STREETS/WATER/PARKS USDA GRANT $27,475/ GENERAL FUND $22,525
101/552 50,000
Flatbed For 2500 Truck STREETS/WATER/PARKS USDA GRANT $10,990/ GENERAL FUND $9,010
101/552 20,000
1500 Truck-Building Inspector CITY SERVICES USDA GRANT $17,772/ GENERAL FUND $14,570
101 32,341
1500 Truck -Replacement - 2000 Dodge Dakota SEWER/WATER/STREETS USDA GRANT $18,419/ GENERAL FUND $15,100
553/552/101 33,519
1500 Truck -Replacement- 1195 Ford Ranger PARKS USDA GRANT $18,419/ GENERAL FUND $15,100
101 33,519
VEHICLES TOTAL:

219,379
September 25, 2023 Special Meeting of the Lindsay City Council Page 124 of 134

CATEGORY
DEPARTMENT FUNDING SOURCE FUND PROPOSED 2024

STREETS/PEDESTRIAN

PATHWAYS/BIKEWAYS
Rehabilitation: Burem Lane Renovation STREETS SB1 260 23,000 Rehabilitation: Samoa - Olive to Mt. Vernon STREETS STREET IMPROVEMENT FUND 200 23,500 Rehabilitation: Eastwood - Kern to Mariposa STREETS STREET IMPROVEMENT FUND 200 39,000 Intersection Rehab: Foothill/Tulare STREETS SB1 - $45K
STREET IMPROVEMENT FUND - $45K
260/200 90,000
Rehabilitation: Linda Vista Loop STREETS STREET IMPROVEMENT FUND - $116,791 MEASURE R -$116,791
200/263 233,582
Kern St from Westwood to Eastwood STREETS LTF-ART 8 STREETS & ROADS 266 461,000 Lindmore St from Lindsay Blvd to Harvard
Ave-Agreement with Tulare County
STREETS LTF-ART 8 STREETS & ROADS 266 581,200
Van Ness Ave from Hermosa to Mariposa STREETS LTF-ART 8 STREETS & ROADS 266 438,000 Central Ave from Hermosa to Mariposa STREETS LTF-ART 8 STREETS & ROADS 266 438,000 Tulare Rd no Sidewalk from Foothill to
Strathmore Ave
STREETS LTF-ART 8 STREETS & ROADS 266 231,500
Foothill Ave from Tulare Rd to Sierra View St STREETS LTF-ART 8 STREETS & ROADS 266 424,000 Westwood Ave from Hermosa St to Tulare Rd STREETS SB1 ROAD - $258,500 / LTF-ART 8 STREETS & ROADS - $258,500
260/266 517,000
Fresno St from Hwy 65 to Westwood Ave STREETS LTF-ART 8 STREETS & ROADS 266 263,000 Ashland Ave from Hermosa to Apia STREETS LTF-ART 8 STREETS & ROADS 266 260,000

EQUIPTMENT
Plastic Dividers-Water Filled STREETS STREET IMPROVEMENT FUND 200 10,000

STREETS/PEDESTRIAN
PATHWAYS/BIKEWAYS TOTAL: 4,032,782
September 25, 2023 Special Meeting of the Lindsay City Council Page 125 of 134

CATEGORY DEPARTMENT FUNDING SOURCE FUND PROPOSED 2024
WATER (4)
Water Main Line Replacement
Lafayette/Sycamore Ave
WATER GENERAL FUND/ARPA 101/306 131,800
Generators Well 14 & Well 15 WATER GRANT BY CALOES/FEMA 552 250,000 Bank D Filtration Renovation WATER MCDERMONT SALES 101 398,280 DBP Disinfecting Byproduct WATER MCDERMONT SALES 101 498,280 WATER TOTAL:

1,278,360
CATEGORY DEPARTMENT FUNDING SOURCE FUND PROPOSED 2024
SEWER/STORM DRAINAGE (4)
Generators-Grant by Cal OES SEWER/STORM DRAIN CALOES/FEMA 553 250,000 Orange Ave/Tulare Road Valving Project SEWER/STORM DRAIN GENERAL FUND/ARPA 101/306 130,000 Oxidation Ditch Repairs (2) SEWER/STORM DRAIN GENERAL FUND/ ARPA 101/306 100,000 SEWER/STORM DRAIN TOTAL:

480,000
CATEGORY DEPARTMENT FUNDING SOURCE FUND PROPOSED 2024
WELLNESS CENTER*
Bird Netting WELLNESS CENTER LINDSAY HOSPITAL DISTRICT 400 23,000 ADA Front & Back Doors WELLNESS CENTER LINDSAY HOSPITAL DISTRICT 400 27,000 Camera Surveillance System WELLNESS CENTER GENERAL FUND 101 25,000 Facility Water Softener System WELLNESS CENTER GENERAL FUND 101 15,000 Upgrade Drinking Foutain with Bottle Filler (2 Fountains) WELLNESS CENTER GENERAL FUND 101 8,000 WELLNESS CENTER TOTAL: 98,000
TOTAL FUNDED PROJECTS FY 2023-2024: 9,166,721
(1) Unless otherwise specified, funding source refers to funding that is identified and available for the current adopted fiscal year only.

September 25, 2023 Special Meeting of the Lindsay City Council Page 126 of 134

(2) City Hall Complex refers to all City buildings including City Services and Public Safety Buildings.
(3) Citywide designation is to identify projects that will benefit both governmental and enterprise type activities. (4) Fully funded projects, all years.
(5) Reappropriated from prior fiscal year.

Carry Over Projects
PROJECT NAME DEPARTMENT FUNDING SOURCE ADOPTED FY 22-23 BUDGET SCBA PUBLIC SAFETY GENERAL FUND 50,000
Olive Bowl/Kaku Park Construction PARKS STATE PARKS GRANT 3,450,000 Olive Bowl/Kaku Park Upgrades PARKS CLEAN CA GRANT (CALTRANS) 3,151,000 Rehabilitation: Burem Lane Renovation (5) STREETS SB1 98,000 Rehabilitation: Samoa - Olive to Mt. Vernon (5) STREETS STREET IMPROVEMENT FUND 94,500 Rehabilitation: Eastwood - Kern to Mariposa (5) STREETS STREET IMPROVEMENT FUND 120,000 Rehabilitation: Center - Sweet Brier to Elmwood (5) STREETS STREET IMPROVEMENT FUND 134,000 Intersection Rehab: Foothill/Tulare (5) STREETS SB1 - $190K STREET IMPROVEMENT FUND - $70K
210,000
Rehabilitation: Linda Vista Loop STREETS STREET IMPROVEMENT FUND - $1.2M MEASURE R -$600K
1,200,000
Hermosa/Westwood Roundabout Landscaping STREETS LOCAL TRANSPORTATION FUND 200,000 Transit Center Design TRANSPORTATION MEASURE R 250,000
Urban Water Management Plan WATER GENERAL FUND/ARPA 40,000 Fire Flow Study WATER GENERAL FUND/ARPA 50,000
Scada Expansion WATER GENERAL FUND/ARPA 60,000
WWTP - Clarifier Gate Valves (3) SEWER/STORM
DRAIN
GENERAL FUND/ARPA 42,500
Fleet Vehicles CITYWIDE GENERAL FUND 45,000
Flatbed 2500 Truck STREETS STREET IMPROVEMENT FUND 35,000 TOTAL 9,230,000
September 25, 2023 Special Meeting of the Lindsay City Council Page 127 of 134

Fiscal Years 2024/2025 –
2027/2028 Unfunded Projects
by Category
September 25, 2023 Special Meeting of the Lindsay City Council Page 128 of 134

CATEGORY DEPARTMENT FUNDING SOURCE (1) FUND PROPOSED PROPOSED PROPOSED PROPOSED BUILDINGS/FACILITIES 2025 2026 2027 2028
Painting Project (City Hall,
City Services, PD)
CITYWIDE (3) GENERAL FUND 101 100,000
Artificial Turf PUBLIC SAFETY GENERAL FUND 101 7,500
Council Chambers Mural CITY COUNCIL GENERAL FUND 101 30,000 Upgrades- Corporate Yard CITY SERVICES GENERAL FUND, STREET

IMPROVEMENT, WATER,

SEWER, REFUSE
101/200/552/553/554 350,000
Building Improvements WELLNESS
CENTER
GENERAL FUND 101 65,000
City Hall Windows
Upgrade
CITYWIDE (3) GENERAL FUND 101 250,000
Parking Lot Improvement CITYWIDE (3) GENERAL FUND 101 150,000 City Hall:

Electrical/Mechanical
Upgrades
CITYWIDE (3) GENERAL FUND 101 50,000
City Hall: Plumbing
Upgrades
CITYWIDE (3) GENERAL FUND 101 50,000
Council Chambers Office
Upgrades
CITY COUNCIL GENERAL FUND 101 40,000
Breakroom & Conference
Room
CITYWIDE (3) GENERAL FUND 101 250,000

BUILDINGS / FACILITIES
TOTAL:

487,500

315,000

290,000

250,000
September 25, 2023 Special Meeting of the Lindsay City Council Page 129 of 134

CATEGORY DEPARTMENT FUNDING SOURCE FUND PROPOSED PROPOSED PROPOSED PROPOSED PUBLIC SAFETY 2025 2026 2027 2028
Axon Body Cameras/Tasers PUBLIC SAFETY COPS GRANTS (SLEFS) 101 30,000 30,000 30,000 30,000 SCBA PUBLIC SAFETY GENERAL FUND 101 50,000
Structural Firefighting Gear
(16)
PUBLIC SAFETY GENERAL FUND 101 50,000
PUBLIC SAFETY TOTAL:

130,000

30,000

30,000

30,000

CATEGORY DEPARTMENT FUNDING SOURCE FUND PROPOSED PROPOSED PROPOSED PROPOSED PARKS (4) 2025 2026 2027 2028

EQUIPMENT
Lawn Mowers PARKS GENERAL FUND 101 15,000
Seeding-Aerator Pulled
Behind
PARKS GENERAL FUND 101 5,000
Fertilizer/Seed Sprayer Pulled
Behind
PARKS GENERAL FUND 101 5,000
Mower (96 inch or 60 inch) PARKS GENERAL FUND 101 50,000 PARKS TOTAL: 25,000

- 50,000

-
September 25, 2023 Special Meeting of the Lindsay City Council Page 130 of 134

CATEGORY DEPARTMENT FUNDING SOURCE FUND PROPOSED PROPOSED PROPOSED PROPOSED FLEET - VEHICLES/APPARATUS 2025 2026 2027 2028
4 ft Iron Wheel Roller w/Tilt Trailer WATER/STREETS UNFUNDED 552/200 45,000 Tack Wagon WATER/STREETS UNFUNDED 552/200 10,000
Enclosed Trailer for Landscaping PARKS UNFUNDED 101 25,000 2500 4x4 Truck WATER/SEWER UNFUNDED 552/553 60,000
2500 Truck -Replacement -2000 GMC
2500 Fuel tank
WATER/PARKS UNFUNDED 552/101 50,000
6500HD Dump Truck WATER/STREETS UNFUNDED 552/200 60,000 VEHICLES TOTAL:

55,000

85,000

50,000

60,000
CATEGORY (4) DEPARTMENT FUNDING SOURCE FUND PROPOSED PROPOSED PROPOSED PROPOSED

TRANSPORTATION (LINDSAY
TRANSIT CENTER) 2025 2026 2027 2028
Lindsay Transit Center
Construction
TRANSPORTATION MEASURE R 263 2,200,000
Lindsay Transit Center
Construction
TRANSPORTATION CalSTA GRANT 263 4,289,000
TRANSPORTATION TOTAL:

2,200,000

4,289,000

-

-

CATEGORY DEPARTMENT FUNDING SOURCE FUND PROPOSED PROPOSED PROPOSED PROPOSED WATER (4) 2025 2026 2027 2028
Fire Flow Infrastructure WATER UNFUNDED 552 250,000
Filter Bank D Electric Actuators WATER UNFUNDED 552 100,000 Turbidimeter for Bank A & D WATER UNFUNDED 552 50,000
Pneumatic Valves for Bank A WATER UNFUNDED 552 103,200
Pneumatic Valves for Bank B WATER UNFUNDED 552 83,200
Pneumatic Valves for Bank C WATER UNFUNDED 552 83,200
September 25, 2023 Special Meeting of the Lindsay City Council Page 131 of 134

Pneumatic Valves for Bank D WATER UNFUNDED 552 103,200
Effluent Pneumatic Valve WATER UNFUNDED 552 8,000
Surge Tank Pneumatic Valves WATER UNFUNDED 552 8,000
Magnetic Flow Meters ((1) Canal, (2)
WTP, (3) Well Sites)
WATER UNFUNDED 552 27,000
Surge Tank Tarp WATER UNFUNDED 552 5,000
Clarifier Tarp WATER UNFUNDED 552 10,000
Water Treatment Booster Pumps (4) WATER UNFUNDED 552 60,000 Main Line Replacement Program WATER UNFUNDED 552 665,000 Well 11 PS&E WATER UNFUNDED 552 150,000
Upgrade electrical system & VFD for
Well #14
WATER UNFUNDED 552 150,000
Update Master Plans WATER UNFUNDED 552 350,000
Water Plant Upgrades WATER UNFUNDED 552 100,000
Clarifier Renovations WATER UNFUNDED 552 10,000
Turnout Upgrades WATER UNFUNDED 552 200,000
Well 11 Renovation WATER UNFUNDED 552 10,000,000
Water Meters Digital Upgrade WATER UNFUNDED 552 2,000,000 Storage Tank Improvements WATER UNFUNDED 552 455,000
Groundwater wells per Feasibility
Study
WATER UNFUNDED 552 20,280,000
WATER TOTAL:
503,200

317,600

1,695,000

32,735,000
September 25, 2023 Special Meeting of the Lindsay City Council Page 132 of 134

CATEGORY DEPARTMENT

FUNDING

SOURCE FUND PROPOSED PROPOSED PROPOSED PROPOSED
SEWER/STORM DRAINAGE (4) 2025 2026 2027 2028
Replace Bar Screen SEWER/STORM DRAIN UNFUNDED 553 70,000 Mission Control for Hickory Lift
Station
SEWER/STORM DRAIN UNFUNDED 553 25,000
Disc Harrows (10-footer) SEWER/STORM DRAIN UNFUNDED 553 20,000 Metal Building Shed Fenced SEWER/STORM DRAIN UNFUNDED 553 150,000 Splitter Box-3 Slough Gates SEWER/STORM DRAIN UNFUNDED 553 10,000 Another R.A.S Pump Standby SEWER/STORM DRAIN UNFUNDED 553 20,000 Weed Sprayer SEWER/STORM DRAIN UNFUNDED 553 25,000
Crane on Wastewater Truck SEWER/STORM DRAIN UNFUNDED 553 50,000 Re-do Guide Rails at Hickory Lift
Station
SEWER/STORM DRAIN UNFUNDED 553 20,000
Extra Flight Pump for Hickory Lift
Station
SEWER/STORM DRAIN UNFUNDED 553 10,000
Re-do Drying Beds (4) SEWER/STORM DRAIN UNFUNDED 553 500,000 Relined The 2 East Dryings Beds SEWER/STORM DRAIN UNFUNDED 553 300,000 Enclosed Tractor SEWER/STORM DRAIN UNFUNDED 553 200,000 Upgrade SCADA System SEWER/STORM DRAIN UNFUNDED 553 250,000 Vacuum Truck with Jet Rotter SEWER/STORM DRAIN UNFUNDED 553 500,000 Camara System for Main Line
Inspections
SEWER/STORM DRAIN UNFUNDED 553 50,000
Update Master Plans SEWER/STORM DRAIN UNFUNDED 553 350,000 SEWER/STORM DRAIN TOTAL:

275,000

115,000

1,010,000

1,150,000
September 25, 2023 Special Meeting of the Lindsay City Council Page 133 of 134

CATEGORY DEPARTMENT

FUNDING

SOURCE FUND PROPOSED PROPOSED PROPOSED PROPOSED
WELLNESS CENTER* 2025 2026 2027 2028
Gym Equipment WELLNESS CENTER UNFUNDED 400 27,000
Sand Volleyball Court WELLNESS CENTER UNFUNDED 400 50,000 Pickleball Courts (2nd Floor Deck) w/
Netting
WELLNESS CENTER UNFUNDED 400 50,000
WELLNESS CENTER TOTAL: 127,000 - - -
TOTAL UNFUNDED PROJECTS FY 25-28 3,802,700 5,151,600 3,125,000 34,225,000 September 25, 2023 Special Meeting of the Lindsay City Council Page 134 of 134

City of Lindsay
Annual Financial Report
Fiscal Year 2021 – 2022
September 25, 2023 Special Meeting of the Lindsay City Council

CITY OF LINDSAY

ANNUAL FINANCIAL REPORT
JUNE 30, 2022
September 25, 2023 Special Meeting of the Lindsay City Council

CITY OF LINDSAY

ANNUAL FINANCIAL REPORT
June 30, 2022

TABLE OF CONTENTS

Page

FINANCIAL SECTION
Independent Auditor’s Report ...................................................................................................................................... 1 Basic Financial Statements:

Government-Wide Financial Statements:

Statement of Net Position ................................................................................................................................ 5 Statement of Activities ...................................................................................................................................... 6 Fund Financial Statements:

Governmental Funds:

Balance Sheet ............................................................................................................................................. 8 Reconciliation of the Governmental Funds – Balance Sheet to the Statement of Net Position ................. 9 Statement of Revenues, Expenditures, and Changes in Fund Balances ................................................. 10 Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities .................................................... 11 Proprietary Funds:

Statement of Net Position .......................................................................................................................... 12 Statement of Revenues, Expenses, and Changes in Net Position ........................................................... 14 Statement of Cash Flows ......................................................................................................................... 16 Fiduciary Funds:

Statement of Fiduciary Net Position .......................................................................................................... 18 Statement of Changes in Fiduciary Net Position....................................................................................... 19 Notes to Basic Financial Statements .................................................................................................................. 21 Required Supplementary Information:

Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual – General Fund…………………. .................................................................................................................. 67 Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual – Street Improvement Special Revenue Fund ............................................................................................. 68 Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual – Local Transportation Special Revenue Fund ............................................................................................ 69 Schedule of the Local Government’s Proportionate Share of the Net Pension Liability ..................................... 70 Schedule of Pension Contributions ..................................................................................................................... 71 September 25, 2023 Special Meeting of the Lindsay City Council

CITY OF LINDSAY

ANNUAL FINANCIAL REPORT
June 30, 2022

TABLE OF CONTENTS (CONTINUED)

FINANCIAL SECTION (CONTINUED) Page
Required Supplementary Information: (Continued)
Schedule of Change in Net OPEB Liability and Related Ratios ......................................................................... 72 Schedule of OPEB Contributions ........................................................................................................................ 73 Combining and Individual Fund Statements and Schedules:

Nonmajor Governmental Funds:

Combining Balance Sheet .............................................................................................................................. 76 Combining Statement of Revenues, Expenditures, and Changes in Fund Balances .................................... 78 Statement of Changes in Assets and Liabilities ........................................................................................... 110

STATISTICAL SECTION
Statistical section table of contents ................................................................................................................... 113 Net Position by Component .............................................................................................................................. 114 Changes in Net Position .................................................................................................................................... 115 Fund Balances, Governmental Funds .............................................................................................................. 117 Changes in Fund Balances, Governmental Funds ........................................................................................... 118 Tax Revenues by Source, Governmental Funds .............................................................................................. 119 Taxable Sales by Category ............................................................................................................................... 120 Transaction and Use Tax by Category ............................................................................................................. 121 Direct and Overlapping Sales Tax Rates .......................................................................................................... 122 Net Taxable Assessed Value History ................................................................................................................ 123 Property Tax Rates ........................................................................................................................................... 124 Principal Property Taxpayers ............................................................................................................................ 125 Property Tax Levies and Collections ................................................................................................................ 126 Ratios of Outstanding Debt by Type ................................................................................................................. 127 Ratios of General Bonded Debt Outstanding.................................................................................................... 129 Computation of Direct and Overlapping Debt ................................................................................................... 130 CITY
June 30, 2016
136
Full-time Equivalent City Government Employees by Function/Program ......................................................... 137 Operating Indicators by Function/Program ....................................................................................................... 138 Capital Asset Statistics by Function/Program ................................................................................................... 139 September 25, 2023 Special Meeting of the Lindsay City Council

Wastewater Disclosure I ................................................................................................................................... 140 Wastewater Disclosure II .................................................................................................................................. 142 Water Disclosure I ............................................................................................................................................. 144 Water Disclosure II ............................................................................................................................................ 146 September 25, 2023 Special Meeting of the Lindsay City Council

FINANCIAL SECTION
September 25, 2023 Special Meeting of the Lindsay City Council

1 OFFICES: BEVERLY HILLS ∙ CULVER CITY ∙ SANTA MARIA
MEMBER AMERICAN INSTITUTE OF C.P.A.’S ∙ CALIFORNIA SOCIETY OF MUNICIPAL FINANCE OFFICERS ∙ CALIFORNIA ASSOCIATION OF SCHOOL BUSINESS OFFICIALS

PARTNERS COMMERCIAL ACCOUNTING & TAX SERVICES GOVERNMENTAL AUDIT SERVICES CRAIG A HARTZHEIM, CPA 9465 WILSHIRE BLVD., 3RD FLOOR 5800 HANNUM AVENUE, SUITE E HADLEY Y HUI, CPA BEVERLY HILLS, CA 90212 CULVER CITY, CA 90230 ALEXANDER C HOM, CPA TEL: 310.670.2745 TEL: 310.670.2745 ADAM V GUISE, CPA FAX: 310.670.1689 FAX: 310.670.1689
TRAVIS J HOLE, CPA www.mlhcpas.com www.mlhcpas.com

WILSON LAM, CPA
Independent Auditor’s Report
Honorable Mayor and City Council
City of Lindsay
Lindsay, California
Opinions
We have audited the accompanying financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of Lindsay, California (City) as of and for the fiscal year ended June 30, 2022, and the related notes to the financial statements, which collectively comprise the City’s basic financial statements as listed in the table of contents.

In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City, as of June 30, 2022, and the respective changes in financial position and, where applicable, cash flows thereof for the fiscal year then ended in accordance with accounting principles generally accepted in the United States of America.

Basis for Opinions
We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards. Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the City, and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.

Substantial Doubt about the City’s Ability to Continue as a Going Concern The accompanying financial statements have been prepared assuming that the City will continue as a going concern. As discussed in Note 17 to the basic financial statements, the City has a significant deficit fund balance in its General Fund due to significant amounts owed to other funds including the City’s enterprise funds. The significant portion of the City’s enterprise funds’ unrestricted net position consists of these receivables, and hence if not repaid would either create deficits or significantly reduce unrestricted net position of each fund. Management’s evaluation of the events and conditions and management’s plans regarding those matters also are described in Note 17. The basic financial statements do not include any adjustments that might result from the outcome of this uncertainty. Our opinion is not modified with respect to this matter.

Change in Accounting Principle
As discussed in Note 1 of the notes to the basic financial statements, effective July 1, 2021, the City adopted the Governmental Accounting Standards Board (GASB) Statement No. 87, Leases. Our opinion is not modified with respect to this matter.

September 25, 2023 Special Meeting of the Lindsay City Council

2 Responsibilities of Management for the Financial Statements Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America, and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the City’s ability to continue as a going concern for twelve months beyond the financial statement date, including any currently known information that may raise substantial doubt shortly thereafter.

Auditor’s Responsibilities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinions. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with generally accepted auditing standards and Government Auditing Standards will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements.

In performing an audit in accordance with generally accepted auditing standards and Government Auditing Standards, we:
 Exercise professional judgment and maintain professional skepticism throughout the audit.  Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.  Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the City’s internal control. Accordingly, no such opinion is expressed.  Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.  Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the City’s ability to continue as a going concern for a reasonable period of time.

We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control-related matters that we identified during the audit.

Required Supplementary Information
Accounting principles generally accepted in the United States of America require that, the budgetary comparison schedules on pages 67 through 69, Schedule of the City’s Proportionate Share of the Net Pension Liability, Schedule of Pension Contributions, the Schedule of Changes in the Net OPEB Liability and Related Ratios, Schedule of OPEB Contributions on pages 70 through 73, be presented to supplement the financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the financial statements, and other knowledge we obtained during our audit of the financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.

September 25, 2023 Special Meeting of the Lindsay City Council

3 Management has omitted the Management’s Discussion and Analysis that accounting principles generally accepted in the United States of America require to be presented to supplement the basic financial statements. Such missing information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. Our opinion on the basic financial statements is not affected by this missing information.

Supplementary Information
Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the City’s financial statements as a whole. The combining nonmajor fund’s financial statements are presented for the purpose of additional analysis and are not required parts of the financial statements.

The combining nonmajor fund’s financial statements are the responsibility of management and were derived from and relate directly to the underlying accounting and other records used to prepare the financial statements. Such information has been subjected to the auditing procedures applied in the audit of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the information is fairly stated in all material respects in relation to the financial statements as a whole.

Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated September 22, 2023 on our consideration of the City’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the City’s internal control over financial reporting and compliance.

Moss, Levy & Hartzheim, LLP
Culver City, California
September 22, 2023
September 25, 2023 Special Meeting of the Lindsay City Council

4 THIS PAGE INTENTIONALLY LEFT BLANK
September 25, 2023 Special Meeting of the Lindsay City Council

Governmental Business-type
Activities Activities Total
ASSETS
Current Assets:

Cash and investments $ 11,033,042 $ 1,625,635 $ 12,658,677 Accounts receivable 326,359 508,224 834,583
Loans and notes receivable 61,729 - 61,729
Interest receivable 16,655 2,233 18,888
Intergovernmental receivable 1,903,918 81,556 1,985,474 Lease receivable - 1,080,686 1,080,686
Internal balances (4,578,072) 4,578,072 -
Total Current Assets 8,763,631 7,876,406 16,640,037
Non-current Assets:

Right to use leased assets, net - 685,767 685,767
Capital assets:

Not being depreciated 4,339,098 464,868 4,803,966
Being depreciated, net of accumulated depreciation 40,591,948 24,427,634 65,019,582 Total Non-current Assets 44,931,046 25,578,269 70,509,315 Total Assets 53,694,677 33,454,675 87,149,352

DEFERRED OUTFLOWS OF RESOURCES
Pension related 1,704,977 480,892 2,185,869
OPEB related 206,666 88,243 294,909
Total Deferred Outflows of Resources 1,911,643 569,135 2,480,778

LIABILITIES
Current Liabilities:

Accounts payable 428,400 121,062 549,462
Accrued wages 225,224 86,190 311,414
Accrued interest 45,429 151,746 197,175
Deposits payable 275 8,920 9,195
Lease liabilities - current - 8,395 8,395
Compensated absences - current 220,348 60,501 280,849
Bonds and other long-term debt - current 515,924 307,103 823,027 Total Current Liabilities 1,435,600 743,917 2,179,517
Non-current Liabilities
Lease liabilities - 685,541 685,541
Compensated absences 88,913 24,414 113,327
Bonds payable 671,301 10,295,170 10,966,471
COPS payable 955,054 - 955,054
Settlement payable 4,288,981 - 4,288,981
Capital lease payable 401,570 - 401,570
OPEB 1,400,476 597,972 1,998,448
Net pension liability 4,634,893 1,307,278 5,942,171
Total Non-current Liabilities 12,441,188 12,910,375 25,351,563 Total Liabilities 13,876,788 13,654,292 27,531,080

DEFERRED INFLOWS OF RESOURCES
Leases - 1,053,042 1,053,042
OPEB related 238,838 101,977 340,815
Pension related 3,998,605 1,127,813 5,126,418
Total Deferred Inflows of Resources 4,237,443 2,282,832 6,520,275

NET POSITION
Net investment in capital assets 42,224,150 14,309,704 56,533,854 Restricted for:

Parks and recreation 99,535 - 99,535
Community services 80,832 - 80,832
Streets and roads 8,835,926 - 8,835,926
Unrestricted (13,748,354) 3,776,982 (9,971,372)
Total Net Position $ 37,492,089 $ 18,086,686 $ 55,578,775

CITY OF LINDSAY

STATEMENT OF NET POSITION
June 30, 2022
Primary Government
See Accompanying Notes to Basic Financial Statements
5 September 25, 2023 Special Meeting of the Lindsay City Council

CITY OF LINDSAY

STATEMENT OF ACTIVITIES
For the Fiscal Year Ended June 30, 2022
Program Revenues
Operating Capital
Charges for Grants and Grants and
Functions/Programs Expenses Services Contributions Contributions Governmental Activities:

General government $ 2,044,284 $ 118,722 $ 2,473,728 $ - Public safety 3,506,984 81,586 2,193 -
Parks and recreation 248,630 51,550 479 -
Public works 777,757 393,926 - 3,543
Streets and roads 1,454,987 - 1,616,179 878,312
Community development 98,782 - 8,431 -
Interest and fiscal charges 106,670 - - -
Unallocated depreciation 1,534,256 - - -
Total Governmental Activities 9,772,350 645,784 4,101,010 881,855 Business-type Activities:

Water 2,176,447 1,864,642 - -
Sewer 1,428,947 1,632,083 - -
Refuse 997,471 892,538 - -
Wellness Center 1,225,614 462,790 - 285,000
Total Business-type Activities 5,828,479 4,852,053 - 285,000 Total Primary Government $ 15,600,829 $ 5,497,837 $ 4,101,010 $ 1,166,855 General Revenues:

Taxes:

Property taxes
Sales taxes
Measure O taxes
Utilities users' taxes
Other taxes
Use of money and property
Miscellaneous
Transfers
Total General Revenues and Transfers
Change in Net Position
Net Position - Beginning of Fiscal Year
Prior Period Adjustments
Net Position - Beginning of Fiscal Year, Restated
Net Position - End of Fiscal Year
See Accompanying Notes to Basic Financial Statements
6 September 25, 2023 Special Meeting of the Lindsay City Council

Governmental Business-type
Activities Activities Total
$ 548,166 $ - $ 548,166
(3,423,205) - (3,423,205)
(196,601) - (196,601)
(380,288) - (380,288)
1,039,504 - 1,039,504
(90,351) - (90,351)
(106,670) - (106,670)
(1,534,256) - (1,534,256)
(4,143,701) - (4,143,701)
- (311,805) (311,805)
- 203,136 203,136
- (104,933) (104,933)
- (477,824) (477,824)
- (691,426) (691,426)
(4,143,701) (691,426) (4,835,127)
391,653 - 391,653
1,568,150 - 1,568,150
1,689,595 - 1,689,595
996,296 - 996,296
2,181,224 - 2,181,224
(63,020) (15,626) (78,646)
453,098 - 453,098
(210,534) 210,534 -
7,006,462 194,908 7,201,370
2,862,761 (496,518) 2,366,243
34,721,997 18,560,316 53,282,313
(92,669) 22,888 (69,781)
34,629,328 18,583,204 53,212,532
$ 37,492,089 $ 18,086,686 $ 55,578,775

Net (Expenses) Revenues
and Changes in Net Position
7 September 25, 2023 Special Meeting of the Lindsay City Council

Local Nonmajor Total
Transportation Governmental Governmental
General Fund Funds Funds
ASSETS:

Cash and investments $ 4,657,332 $ 1,886,203 $ 2,867,703 $ 1,621,804 $ 11,033,042 Receivables:

Accounts and taxes 295,348 30,782 - 229 326,359
Interest 9,640 2,628 3,216 1,171 16,655
Intergovernmental 760,368 12,481 866,739 264,330 1,903,918 Due from other funds 301,032 - - - 301,032
Advance to other funds - 1,557,120 - 125,000 1,682,120
Loans and notes receivable - - - 61,729 61,729
Total Assets $ 6,023,720 $ 3,489,214 $ 3,737,658 $ 2,074,263 $ 15,324,855

LIABILITIES, DEFERRED INFLOWS OF

RESOURCES, AND FUND BALANCES
Liabilities:

Accounts payable $ 351,160 $ 20,084 $ - $ 57,156 $ 428,400 Accrued wages 213,084 - 4,652 7,488 225,224
Deposits payable 275 - - - 275
Due to other funds - - - 228,919 228,919
Advance from other funds 6,332,305 - - - 6,332,305
Total Liabilities 6,896,824 20,084 4,652 293,563 7,215,123 Deferred inflows of resources:

Unavailable revenue 433,334 - - 195,462 628,796
Total deferred inflows of resources 433,334 - - 195,462 628,796 Fund balances
Restricted - 3,469,130 3,733,006 1,814,157 9,016,293
Unassigned (1,306,438) - - (228,919) (1,535,357)
Total Fund Balances (1,306,438) 3,469,130 3,733,006 1,585,238 7,480,936 Total Liabilities, Deferred Inflows of
Resources, and Fund Balances $ 6,023,720 $ 3,489,214 $ 3,737,658 $ 2,074,263 $ 15,324,855

CITY OF LINDSAY

BALANCE SHEET

GOVERNMENTAL FUNDS
June 30, 2022
Street
Improvement
Fund
Special Revenue Fund
See Accompanying Notes to Basic Financial Statements
8 September 25, 2023 Special Meeting of the Lindsay City Council

Fund balances for governmental funds $ 7,480,936
Amounts reported for governmental activities in the Statement of Net Position are different from those reported in the Governmental Funds because of the following:

Capital assets used in Governmental Activities are not current resources and, therefore, are not reported in the Governmental Funds Balance Sheet.

Capital assets $81,135,590
Less: accumulated depreciation (36,204,544) 44,931,046
Long-term debt liabilities, including bonds payable and interest payable, are not due and payable in the current period and therefore are not reported in the funds.

Compensated absences (309,261)
Revenue bonds payable (825,000)
COPS (1,067,303)
Settlement payable (4,480,624)
Capital leases payable (472,083)
Net pension liability (4,634,893)
Interest payable (45,429)
OPEB liability (1,400,476) (13,235,069)
In governmental funds, bond discounts are recognized as other financing sources in the period they are incurred. In the government-wide statements, bond discounts are amortized over the life of the debt. 12,180
Intergovernmental receivables which are not financial resources but are revenues under the full accrual method. 628,796
Deferred outflows and inflows of resources relating to pensions: In governmental funds, deferred outflows and inflows of resources relating to pensions are not reported because they are applicable to future periods.

In the statement of net position, deferred outflows and inflows of resources relating to pensions are reported.

Deferred outflows of resources relating to pensions 1,704,977 Deferred inflows of resources relating to pensions (3,998,605) (2,293,628) Deferred outflows and inflows of resources relating to OPEB: In governmental funds, deferred outflows and inflows of resources relating to OPEB are not reported because they are applicable to future periods.

In the statement of net OPEB, deferred outflows and inflows of resources relating to OPEB are reported.

Deferred inflows of resources relating to OPEB (238,838) Deferred outflows of resources relating to OPEB 206,666 (32,172) Net position of governmental activities $ 37,492,089

CITY OF LINDSAY

RECONCILIATION OF THE BALANCE SHEET OF GOVERNMENTAL FUNDS

TO THE STATEMENT OF NET POSITION
June 30, 2022
See Accompanying Notes to Basic Financial Statements
9 September 25, 2023 Special Meeting of the Lindsay City Council

Total
Governmental
General Funds

REVENUES
Property taxes $ 391,653 $ - $ - $ - $ 391,653
Sales taxes 1,568,150 - - - 1,568,150
Measure O taxes 1,689,595 - - - 1,689,595
Utilities users' taxes 996,296 - - - 996,296
Other taxes 2,181,224 - - 72,628 2,253,852
Street improvement program - 833,070 - - 833,070
Intergovernmental 1,806,794 - 1,126,840 572,145 3,505,779 Fines and forfeitures 184,384 - - - 184,384
License and permits 585,683 - - 36,250 621,933
Use of money and property (63,020) (17,143) (15,283) (1,906) (97,352) Charges for services 23,937 - - - 23,937
Other, donations, and reimbursements 268,714 - - 9,135 277,849 Total Revenues 9,633,410 815,927 1,111,557 688,252 12,249,146

EXPENDITURES
Current:

General government 1,304,688 - - 78,522 1,383,210
Public safety 3,506,984 - - - 3,506,984
Park and recreation 207,565 - - 41,065 248,630
Public works 777,757 - - - 777,757
Streets and roads 763,683 20,084 78,746 280,107 1,142,620 Community development 97,173 - - 1,609 98,782
Capital outlay 1,788,103 - 177,442 35,473 2,001,018
Debt service:

Principal retirement 357,780 49,861 86,182 - 493,823
Interest and fiscal charges 68,369 - 34,186 - 102,555
Total Expenditures 8,872,102 69,945 376,556 436,776 9,755,379 Excess of Revenues over
(under) Expenditures 761,308 745,982 735,001 251,476 2,493,767

OTHER FINANCING SOURCES (USES)
Transfers in 728,602 - - - 728,602
Transfers out (329,407) (328,266) - (281,463) (939,136) Total Other Financing
Sources (Uses) 399,195 (328,266) - (281,463) (210,534)
Net Change in Fund Balances 1,160,503 417,716 735,001 (29,987) 2,283,233 Fund Balances (deficit), Beginning of
Fiscal Year (2,466,941) 3,051,414 2,998,005 1,707,894 5,290,372 Prior Period Adjustments - - - (92,669) (92,669)
Fund Balances (deficit), Beginning of
Fiscal Year (restated) (2,466,941) 3,051,414 2,998,005 1,615,225 5,197,703 Fund Balances, End of Fiscal Year $ (1,306,438) $ 3,469,130 $ 3,733,006 $ 1,585,238 $ 7,480,936

CITY OF LINDSAY

STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES

GOVERNMENTAL FUNDS
For the Fiscal Year Ended June 30, 2022
Improvement
Special Revenue Fund
Funds
Governmental
Nonmajor
Fund
Street Local
Transportation
Fund
See Accompanying Notes to Basic Financial Statements
10 September 25, 2023 Special Meeting of the Lindsay City Council

Net change in fund balances - total governmental funds $ 2,283,233 Amounts reported for governmental activities in the statement of activities are different because:

Governmental funds report capital outlays as expenditures. However, in the statement of activities, the cost of these assets is allocated over their estimated useful lives and reported as depreciation expense. The amount by which capital outlay exceeded depreciation in the current period as follows:

Capital outlay $ 1,688,651
Depreciation (1,534,256) 154,395
In governmental funds, repayments of long-term debt are reported as expenditures.

In the government-wide statements, repayments of long-term debt are reported as reductions of liabilities. 493,823
Interest is not accrued in the governmental funds. However, it is to be accrued in the statement of activities. This is the net change. (634)
Other postemployment benefits reported in the governmental funds includes cash payments made into the trust fund and payments on behalf of retirees. In the Statement of Activities, OPEB expense includes the change in the net OPEB liability, and related change in OPEB amounts for deferred outflows of resources and deferred inflows of resources. (21,122)
In the statement of activities, compensated absences are measured by the amounts earned during the fiscal year. In governmental funds, however, expenditures for these items are measured by the amount of financial resources used (essentially the amounts paid). This fiscal year, the difference between compensated absences paid and compensated absences earned was: (43,486)
Amortization of bond discounts is not an expense of the governmental funds, but under the full accrual method is a component of interest expense. (3,481)
In governmental funds, pension costs are recognized when employer contributions are made.

In the statement of activities, pension costs are recognized on the accrual basis. This fiscal year, the difference between accrual-basis pension costs and actual employer contributions was: (596,466) Some revenues reported in the Statement of Activities are not considered available to finance current expenditures and therefore are not reported as revenues in the governmental funds. 596,499 Change in net position of governmental activities $ 2,862,761 For the Fiscal Year Ended June 30, 2022

CITY OF LINDSAY

RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES,

AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS

TO THE STATEMENT OF ACTIVITIES
See Accompanying Notes to Basic Financial Statements
11 September 25, 2023 Special Meeting of the Lindsay City Council

Water Sewer Refuse
Fund Fund Fund
ASSETS
Current Assets:

Cash and investments $ 34,720 $ 1,399,725 $ 191,190
Receivables:

Accounts and taxes 258,030 100,987 49,626
Interest 2 1,900 331
Intergovernmental 27,671 35,475 18,410
Leases - - -
Total Current Assets 320,423 1,538,087 259,557
Noncurrent Assets:

Advance to other funds 1,906,797 2,341,466 401,922
Right to use leased assets, net - 685,767 -
Capital assets
Land 68,377 202,967 -
Construction in progress 12,198 - -
Buildings and improvements 5,104,547 6,800,531 -
Infrastructure 10,321,559 12,912,313 -
Equipment 122,908 302,437 -
Less accumulated depreciation (7,308,247) (11,205,141) - Total Noncurrent Assets 10,228,139 12,040,340 401,922
Total Assets 10,548,562 13,578,427 661,479
Deferred Outflows of Resources:

OPEB related 32,544 24,705 8,408
Pension related 240,446 87,435 65,576
Total deferred outflows of resources 272,990 112,140 73,984

LIABILITIES
Current Liabilities:

Accounts payable 59,768 35,972 70
Accrued wages 33,485 19,746 6,080
Accrued interest 31,279 82,550 -
Deposits payable 8,920 - -
Due to other funds - - -
Lease liabilities - current - 8,395 -
Compensated absences - current 24,095 15,462 5,531
Bonds and other long-term debt - current 61,394 192,420 - Total Current Liabilities 218,941 354,545 11,681
Noncurrent Liabilities
Lease liabilities - 685,541 -
Compensated absences 9,723 6,239 2,232
Bonds and other long-term debt 1,431,517 7,079,305 -
OPEB 220,531 167,410 56,980
Net pension liability 653,639 237,687 178,265
Total Noncurrent Liabilities 2,315,410 8,176,182 237,477 Total Liabilities 2,534,351 8,530,727 249,158
Deferred Inflows of Resources:

Leases - - -
OPEB related 37,609 28,550 9,717
Pension related 563,906 205,057 153,793
Total deferred inflows of resources 601,515 233,607 163,510

NET POSITION
Net investment in capital assets 6,828,431 1,733,213 -
Unrestricted 857,255 3,193,020 322,795
Total Net Position $ 7,685,686 $ 4,926,233 $ 322,795

CITY OF LINDSAY

STATEMENT OF NET POSITION

PROPRIETARY FUNDS
June 30, 2022
Enterprise Funds
See Accompanying Notes to Basic Financial Statements
12 September 25, 2023 Special Meeting of the Lindsay City Council

Wellness
Center Fund Totals
-$ $ 1,625,635
99,581 508,224
- 2,233
- 81,556
1,080,686 1,080,686
1,180,267 3,298,334
- 4,650,185
- 685,767
181,326 452,670
- 12,198
9,456,043 21,361,121
- 23,233,872
48,571 473,916
(2,127,887) (20,641,275)
7,558,053 30,228,454
8,738,320 33,526,788
22,586 88,243
87,435 480,892
110,021 569,135
25,252 121,062
26,879 86,190
37,917 151,746
- 8,920
72,113 72,113
- 8,395
15,413 60,501
53,289 307,103
230,863 816,030
- 685,541
6,220 24,414
1,784,348 10,295,170
153,051 597,972
237,687 1,307,278
2,181,306 12,910,375
2,412,169 13,726,405
1,053,042 1,053,042
26,101 101,977
205,057 1,127,813
1,284,200 2,282,832
5,748,060 14,309,704
(596,088) 3,776,982
$ 5,151,972 $ 18,086,686
13 September 25, 2023 Special Meeting of the Lindsay City Council

Water Sewer Refuse
Fund Fund Fund

OPERATING REVENUES
Charges for services $ 1,862,197 $ 1,631,448 $ 867,721
Intergovernmental - - -
8200.02 - Other Income Other operating revenues 2,445 635 24,817 Total Operating Revenues 1,864,642 1,632,083 892,538

OPERATING EXPENSES
Salaries and benefits 721,613 227,128 301,468
Maintenance and operations 1,094,659 578,737 696,003
Amortization - 18,576 -
Depreciation 300,604 425,383 -
Total Operating Expenses 2,116,876 1,249,824 997,471
Operating Income (loss) (252,234) 382,259 (104,933)

NON-OPERATING REVENUES (EXPENSES)
Investment income (loss) 84 (12,969) (2,759)
Interest expense (59,571) (179,123) -
Total Non-operating Revenue (Expenses) (59,487) (192,092) (2,759) NET INCOME (LOSS) BEFORE TRANSFERS (311,721) 190,167 (107,692)

TRANSFERS
Transfers in 99,647 - -
Transfers out (516) (116,366) -
Total Transfers 99,131 (116,366) -
Change in Net Position (212,590) 73,801 (107,692)
Net Position, Beginning of Fiscal Year 7,785,756 4,916,165 456,386 Prior Period Adjustments 112,520 (63,733) (25,899)
Net Position, Beginning of Fiscal Year, restated 7,898,276 4,852,432 430,487 Net Position, End of Fiscal Year $ 7,685,686 $ 4,926,233 $ 322,795

Enterprise Funds

CITY OF LINDSAY

STATEMENT OF REVENUES,

EXPENSES, AND CHANGES IN NET POSITION

PROPRIETARY FUNDS
For the Fiscal Year Ended June 30, 2022
See Accompanying Notes to Basic Financial Statements
14 September 25, 2023 Special Meeting of the Lindsay City Council

Wellness
Center Fund Totals
$ 410,021 $ 4,771,387
285,000 285,000
52,769 80,666
747,790 5,137,053
399,990 1,650,199
547,857 2,917,256
- 18,576
197,797 923,784
1,145,644 5,509,815
(397,854) (372,762)
18 (15,626)
(79,970) (318,664)
(79,952) (334,290)
(477,806) (707,052)
227,769 327,416
- (116,882)
227,769 210,534
(250,037) (496,518)
5,402,009 18,560,316
- 22,888
5,402,009 18,583,204
$ 5,151,972 $ 18,086,686

15 September 25, 2023 Special Meeting of the Lindsay City Council

Water Sewer Refuse
Fund Fund Fund

CASH FLOWS FROM OPERATING ACTIVITIES
Receipts from customers $ 1,758,871 1,724,140 954,746
Receipts from other operating activities 2,445 635 24,817 Payments to suppliers (1,037,155) (542,765) (915,091)
Payments to employees (650,338) (328,546) (116,882)
Net Cash Provided (Used) by Operating Activities 73,823 853,464 (52,410)

CASH FLOWS FROM NON-CAPITAL AND RELATED

FINANCING ACTIVITIES
Interfund borrowing (40,773) - -
Transfers in 99,647 - -
Transfers out (516) (116,366) -
Net Cash Provided for (Used by) Non-Capital and
Related Financing Activities 58,358 (116,366) -

CASH FLOWS FROM CAPITAL AND RELATED

FINANCING ACTIVITIES
Principal payments on lease liabilities - (10,407) -
Interest payments on lease liabilities - (25,593) -
Principal payments on debt (59,462) (186,255) -
Interest paid (57,699) (156,871) -
Acquisition and construction of capital assets (12,942) (36,255) - Net Cash Used by Capital and Related Financing Activities (130,103) (415,381) -

CASH FLOWS FROM INVESTING ACTIVITIES
Investment income (loss) 82 (14,869) (3,090)
Net Cash Provided (Used) by Investing Activities 82 (14,869) (3,090) Increase (Decrease) in cash and cash equivalents 2,160 306,848 (55,500) Cash and Cash Equivalents, Beginning of Fiscal Year 32,560 1,092,877 246,690 Cash and Cash Equivalents, End of Fiscal Year $ 34,720 $ 1,399,725 $ 191,190

RECONCILIATION OF CASH AND CASH EQUIVALENTS TO

THE STATEMENT OF NET POSITION
Cash and investments $ 34,720 $ 1,399,725 $ 191,190
Total Cash and Cash Equivalents $ 34,720 $ 1,399,725 $ 191,190

RECONCILIATION OF OPERATING INCOME (LOSS) TO NET
CASH PROVIDED (USED) BY OPERATING ACTIVITIES:

Operating income (loss) $ (252,234) $ 382,259 $ (104,933) Adjustments to reconcile operating income (loss) to
net cash provided (used) by operating activities:

Depreciation and amortization 300,604 443,959
Changes in assets and liabilities:
(Increase) decrease in accounts receivables (75,655) 128,167 105,435 (Increase) decrease in accounts receivables - Intergovernmental (27,671) (35,475) (18,410) (Increase) decrease in lease receivables - - -
(Increase) decrease in deferred outflows of resources - OPEB related (23,847) 1,204 793 (Increase) decrease in deferred outflows of resources - pension related (27,816) 32,921 (39,421) Increase (decrease) in accounts payable 59,768 35,972 (219,088) Increase (decrease) in accrued wages 7,149 5,292 2,162
Increase (decrease) in deposits payable (2,264) - -
Increase (decrease) in OPEB (16,939) 24,530 17,536
Increase (decrease) in net pension liabilitity (422,002) (371,160) 45,953 Increase (decrease) in compensated absences 6,508 3,464 1,352 Increase (decrease) in deferred inflows of resources - leases - - - Increase (decrease) in deferred inflows of resources - OPEB related 33,131 24,905 8,423 Increase (decrease) in deferred inflows of resources - pension related 515,091 177,426 147,788 Net Cash Provided (Used) by Operating Activities $ 73,823 $ 853,464 $ (52,410) Enterprise Funds

CITY OF LINDSAY

STATEMENT OF CASH FLOWS

PROPRIETARY FUNDS
For the Fiscal Year Ended June 30, 2022
See Accompanying Notes to Basic Financial Statements
16 September 25, 2023 Special Meeting of the Lindsay City Council

Wellness
Center Fund Totals
591,003 $ 5,028,760
52,769 80,666
(522,605) (3,017,616)
(342,237) (1,438,003)
(221,070) 653,807
72,113 31,340
227,769 327,416
- (116,882)
299,882 241,874
- (10,407)
- (25,593)
(51,117) (296,834)
(81,103) (295,673)
- (49,197)
(132,220) (677,704)
18 (17,859)
18 (17,859)
(53,390) 200,118
53,390 1,425,517
$ - $ 1,625,635

-$ $ 1,625,635
$ - $ 1,625,635
$ (397,854) $ (372,762)
197,797 942,360
(76,374) 81,573
- (81,556)
(1,080,686) (1,080,686)
(10,539) (32,389)
2,837 (31,479)
25,252 (98,096)
3,286 17,889
- (2,264)
68,102 93,229
(218,973) (966,182)
4,298 15,622
1,053,042 1,053,042
24,409 90,868
184,333 1,024,638
$ (221,070) $ 653,807
17 September 25, 2023 Special Meeting of the Lindsay City Council

Private-Purpose Custodial
Trust Fund Fund
ASSETS
Cash and investments $ 744,528 $ 25,095
Receivables:

Interest 15 1
Loans and notes receivable 846,729 11,064,506
Total Assets 1,591,272 11,089,602

LIABILITIES
Accounts payable $ - $ 165,735
Accrued wages 754 4,481
Accrued interest 168,586 -
Noncurrent liabilities
Due within one year 485,000 -
Due in more than one year 10,060,000 -
Total Liabilities 10,714,340 170,216
Deferred inflows of resources:

Deferred gain on debt refunding 171,352 -
Total deferred inflows of resources 171,352 -

NET POSITION
Net position held in trust $ (9,294,420) $ 10,919,386

CITY OF LINDSAY

FIDUCIARY FUNDS
June 30, 2022

STATEMENT OF NET POSITION
See Accompanying Notes to Basic Financial Statements
18 September 25, 2023 Special Meeting of the Lindsay City Council

Private-Purpose Custodial
Trust Fund Fund
Additions
Property taxes $ 907,711 $ -
Use of money and property - 54,627
Other 6,609 3,665
Total Revenues 914,320 58,292
Deductions
Administrative expenses 21,717 -
Interest expense 309,638 -
Program income disbursement to HCD - 1,626,593
Total Deductions 331,355 1,626,593
Change in Net Position 582,965 (1,568,301)
Net Position, beginning (9,911,795) 12,328,954
Prior period adjustments 34,410 158,733
Net Position, beginning, restated (9,877,385) 12,487,687 Net Position, ending $ (9,294,420) $ 10,919,386

CITY OF LINDSAY

STATEMENT OF CHANGES IN NET POSITION

FIDUCIARY FUNDS
For the Fiscal Year Ended June 30, 2022
See Accompanying Notes to Basic Financial Statements
19 September 25, 2023 Special Meeting of the Lindsay City Council

Page Intentionally Left Blank
20 September 25, 2023 Special Meeting of the Lindsay City Council

NOTES TO THE BASIC FINANCIAL STATEMENTS
September 25, 2023 Special Meeting of the Lindsay City Council

City of Lindsay
Notes to Basic Financial Statements
June 30, 2022
21 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The basic financial statements of the City of Lindsay, California (City) have been prepared in conformity with generally accepted accounting principles (GAAP) as applied to governmental agencies. The Governmental Accounting Standards Board (GASB) is the accepted standard setting body for establishing governmental accounting and financial reporting principles. The more significant of the City’s accounting policies are described below.

A. Financial Reporting Entity
The City of Lindsay incorporated in 1910, as a general law city of the State of California, and reclassified to a Charter City January 8, 1996, filed with the State of California in April 1996. Lindsay is located in the middle of the state in the Central San Joaquin Valley. The Central Valley is considered to be a national and world leader in the agricultural industry, with dairy, citrus, and deciduous crops the primary commodity around the Lindsay area. The City of Lindsay currently occupies an incorporated area of 2.41 square miles with an urban development boundary of 3.9 square miles and serves a population of 13,493 (2021) – an increase of 14.66% since 2010.

B. Basis of Accounting and Measurement Focus
The accounts of the City are organized on the basis of funds, each of which is considered a separate accounting entity with its own self-balancing set of accounts that comprise its assets, deferred outflows of resources, liabilities, deferred inflows of resources, fund equity, revenues and expenditures or expenses. These funds are established for the purpose of carrying out specific activities or certain objectives in accordance with specific regulations, restrictions or limitations. Governmental resources are allocated to and accounted for in individual funds based upon the purposes for which they are to be spent and the means by which spending activities are controlled.

Government-Wide Financial Statements
The City’s Government-Wide Financial Statements include a Statement of Net Position and a Statement of Activities.

These statements present summaries of Governmental and Business-Type Activities for the City accompanied by a total column. The government-wide financial statements exclude fiduciary funds, as they are not available for City use.

These financial statements are presented on an “economic resources” measurement focus and the accrual basis of accounting. Accordingly, all of the City’s assets, deferred inflows/outflows of resources, and liabilities, including capital assets, as well as infrastructure assets, and long-term liabilities, are included in the accompanying Statement of Net Position. The Statement of Activities presents changes in net position. Under the accrual basis of accounting, revenues are recognized in the period in which they are earned while expenses are recognized in the period in which the liabilities are incurred.

Certain types of transactions reported as program revenues for the City are reported in three categories:
 Charges for services
 Operating grants and contributions
 Capital grants and contributions
September 25, 2023 Special Meeting of the Lindsay City Council

City of Lindsay
Notes to Basic Financial Statements
June 30, 2022
22 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Continued B. Basis of Accounting and Measurement Focus, Continued Government-Wide Financial Statements, Continued
Certain eliminations have been made in regards to interfund activities, payables, and receivables. All internal balances in the Statement of Net Position have been eliminated except those representing balances between the governmental activities and the business-type activities, which are presented as internal balances and eliminated in the total primary government column. In the Statement of Activities, internal fund transactions have been eliminated; however, those transactions between governmental and business-type activities have not been eliminated. The following interfund activities have been eliminated:
 Due to/from other funds
 Advanced to/from other funds
 Transfers in/out
Governmental Fund Financial Statements
Governmental fund financial statements include a Balance Sheet and a Statement of Revenues, Expenditures, and Changes in Fund Balances for all major governmental funds and non-major funds aggregated. An accompanying schedule is presented to reconcile and explain the differences in net position as presented in these statements to the net position presented in the government-wide financial statements. The City has presented all major funds that meet specific qualifications.

All governmental funds are accounted for on a spending or “current financial resources” measurement focus and the modified accrual basis of accounting. Accordingly, only current assets and current liabilities are included on the balance sheets. The Statement of Revenues, Expenditures, and Changes in Fund Balances present increases (revenues and other financing sources) and decreases (expenditures and other financing uses) in net current assets.

Under the modified accrual basis of accounting, revenues are recognized in the accounting period in which they become both measurable and available to finance expenditures of the current period.

The City reports the following funds as major governmental funds of the City.

General Fund is the City’s primary operating fund. It accounts for all financial resources of the general government, except those required to be accounted for in another fund.

Street Improvement Fund accounts for utility fund charges for street improvement program purposes.

Local Transportation Fund accounts for Transportation Development Act funds for the development and support of public transportation needs.

Revenues are recorded when received in cash, except that revenues subject to accrual (generally those received 60 days after fiscal year-end) are recognized when due. The primary revenue sources that have been treated as susceptible to accrual by the City are property taxes, taxpayer-assessed tax revenues (sales taxes, transient occupancy taxes, franchise taxes, etc.), grant revenues and earnings on investments. Expenditures are recorded in the accounting period in which the related fund liability is incurred.

The Reconciliation of the Fund Financial Statements to the Government-Wide Financial Statements is provided.

September 25, 2023 Special Meeting of the Lindsay City Council

City of Lindsay
Notes to Basic Financial Statements
June 30, 2022
23 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Continued B. Basis of Accounting and Measurement Focus, Continued Proprietary Fund Financial Statements
Proprietary fund financial statements include a Statement of Net Position, a Statement of Revenues, Expenses, and Change in Net Position, and a Statement of Cash Flows for all proprietary funds.

Proprietary funds are accounted for using the “economic resources” measurement focus and the accrual basis of accounting. Accordingly, all assets and liabilities (whether current or noncurrent) are included on the Statement of Net Position. The Statement of Revenues, Expenses, and Changes in Net Position present increases (revenues) and decreases (expenses) in total net position.

Under the accrual basis of accounting, revenues are recognized in the period in which they are earned while expenses are recognized in the period in which a liability is incurred.

Operating revenues in the proprietary funds are those revenues that are generated from the primary operations of the fund. All other revenues are reported as non-operating revenues. Operating expenses are those expenses that are essential to the primary operations of the fund. All other expenses are reported as non-operating expenses.

The City reports the Water, Sewer, Refuse, and Wellness Center Funds as major enterprise funds of the City.

Water Fund accounts for the activities of the water distribution system.

Sewer Fund accounts for the activities of the sewage pumping stations, treatment plant, and laboratory.

Refuse Fund accounts for the activities of the refuse collection and recycling.

Wellness Center Fund accounts for the activities of the Wellness Center and Aquatic Center.

Fiduciary Fund Financial Statements
Fiduciary fund financial statements consist of a Statement of Fiduciary Net Position and a Statement of Changes in Fiduciary Net Position. The City has one private-purpose trust fund and a custodial fund. The private-purpose trust fund accounts for resources of all other trust arrangements in which principal and income benefit individuals, private organizations, or other governments (i.e. unclaimed property/escheat property). Custodial funds account for fiduciary activities not required to be accounted for in a trust fund. Fiduciary funds are accounted for using the accrual basis of accounting. The City reports the following fiduciary funds:

Private-Purpose Trust Fund accounts for assets held by the City in a trustee capacity or as an agent on behalf of others. Trust funds account for assets held by the City under the terms of a formal trust agreement. The funds accounts for the activities of the Redevelopment Agency Successor Agency.

Custodial Fund accounts for loans and loan repayments collected by the City on behalf of the State of California Department of Housing and Community Development (HCD). Loan repayments collected are distributed to HCD per the City’s settlement agreement with HCD.

September 25, 2023 Special Meeting of the Lindsay City Council

City of Lindsay
Notes to Basic Financial Statements
June 30, 2022
24 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Continued C. Assets, Deferred Outflows, Liabilities, Deferred Inflows, Net Position, or Equity Cash, Cash Equivalents, and Investments
The City pools cash and investments of all funds, except amounts held by fiscal agents. The Council invests on behalf of most funds of the City in accordance with the California State Government Code and the City’s investment policy.

Investments are reported in the accompanying balance sheet at fair value. Short-term investments are reported at cost, which approximates fair value. Securities traded on a national or international exchange are valued at the last reported sales price at current exchange rates. Cash deposits are reported at carrying amount which reasonably estimates fair value. Managed funds not listed on an established market are reported at the estimated fair value as determined by the respective fund managers based on quoted sales prices of the underlying securities.

Participant’s equity in an investment pool is determined by the dollar amount of participant deposits, adjusted for withdrawals and distributed investment income. Investment income is determined on an amortized cost basis.

Amortized premiums and accreted discounts, accrued interest, and realized gains and losses, net of expenses, are apportioned to pool participants annually. During the fiscal year ended June 30, 2022, the City had not entered into any legally binding guarantees to support the participant equity in the investment pool.

The City pools cash resources from all funds in order to facilitate the management of cash. The balance in the pooled cash account is available to meet current operating requirements. Cash in excess of current requirements is invested in various interest-bearing accounts and other investments for varying terms.

In accordance with GASB Statement No. 40, Deposit and Investment Disclosures (Amendment of GASB No. 3), certain disclosure requirements for Deposits and Investment Risks were made in the following areas:
• Interest Rate Risk
• Credit Risk
o Overall
o Custodial Credit Risk
o Concentrations of Credit Risk
In addition, other disclosures are specified including use of certain methods to present deposits and investments, highly sensitive investments, credit quality at fiscal year-end, and other disclosures.

September 25, 2023 Special Meeting of the Lindsay City Council

City of Lindsay
Notes to Basic Financial Statements
June 30, 2022
25 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Continued C. Assets, Deferred Outflows, Liabilities, Deferred Inflows, Net Position, or Equity (Continued) Cash, Cash Equivalents, and Investments (Continued)
In accordance with GASB Statement No. 31, Accounting and Financial Reporting for Certain Investments and for External Investment Pools, highly liquid market investments with maturities of one year or less at time of purchase are stated at amortized cost. All other investments are stated at fair value. The City categorizes the fair value measurements of its investments based on the hierarchy established by generally accepted accounting principles. The fair value hierarchy, which has three levels, is based on the valuation inputs used to measure an asset’s fair value:

Level 1 inputs are quoted prices in active markets for identical assets; Level 2 inputs are significant other observable inputs; Level 3 inputs are significant unobservable inputs. The City does not have any investments that are measured using Level 3 inputs.

The City participates in an investment pool managed by the State of California entitled Local Agency Investment Fund (LAIF) which has invested a portion of the pooled funds in Structured Notes and Asset- Backed Securities.

LAIF’s investments are subject to credit risk with the full faith and credit of the State of California collateralizing these investments. In addition, these Structured Notes and Asset-Backed Securities are subject to market risk as to the change in interest rates.

Cash equivalents are considered amounts in demand deposits and short-term investments with a maturity date within three months of the date acquired by the City and are presented as “Cash and Investments” in the accompanying Basic Financial Statements.

For the purposes of the accompanying statement of cash flows, the City considers all pooled cash and investments (consisting of cash and investments and restricted cash and investments) held by the City as cash and cash equivalents because the pool is used essentially as a demand deposit account from the standpoint of the funds. The City also considers all non-pooled cash and investments (consisting of cash with fiscal agent and restricted cash and investments held by fiscal agent) as cash and cash equivalents because investments meet the criteria for cash equivalents defined above.

Interfund Receivables and Payables
Activity between funds that are representative of lending/borrowing arrangements outstanding at the end of the fiscal year is referred to as interfund receivables/interfund payables (i.e., the current portion of interfund loans) or advances to/from other funds (the noncurrent portion of interfund loans). All other outstanding balances between funds are reported as interfund receivables or interfund payables.

Lease Receivable
The City’s lease receivable is measured at the present value of lease payments expected to be received during the lease term. Under the lease agreement, the City may receive variable lease payments that are dependent upon the lessee’s revenue. The variable payments are recorded as an inflow of resources in the period the payment is received.

A deferred inflow of resources is recorded for the lease. The deferred inflow of resources is recorded at the initiation of the lease in an amount equal to the initial recording of the lease receivable. The deferred inflow of resources is amortized on a straight-line basis over the term of the lease.

September 25, 2023 Special Meeting of the Lindsay City Council

City of Lindsay
Notes to Basic Financial Statements
June 30, 2022
26 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Continued C. Assets, Deferred Outflows, Liabilities, Deferred Inflows, Net Position, or Equity (Continued) Prepaids
Any payments to vendors that reflect costs applicable to future accounting periods are recorded as prepaid items in both government-wide and fund financial statements.

Capital Assets
Capital assets, which include property, plant, equipment, and infrastructure assets (e.g., roads, bridges, sidewalks, and similar items), are reported in the applicable governmental or business-type activities columns in the government-wide financial statements. The City defines capital assets as assets with an initial, individual cost of more than $15,000 (amount not rounded) and an estimated useful life in excess of three years. Such assets are recorded at historical cost or estimated historical cost if purchased or constructed.

Donated capital assets are recorded at acquisition value at the date of donation. The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend assets lives are not capitalized.

Major outlays for capital assets and improvements are capitalized as projects are constructed. Interest incurred during the construction phase of capital assets of business-type activities is included as part of the capitalized value of the assets constructed.

Property, plant, equipment, and infrastructure of the City are depreciated using the straight-line method over the following estimated useful lives:

Right to Use Assets
The City has recorded right to use lease assets as a result of implementing GASB Statement No. 87. The right to use assets are initially measured at an amount equal to the initial measurement of the related lease liability plus any lease payments made prior to the lease term, less lease incentives, and plus ancillary charges necessary to place the lease into service. The right to use assets are amortized on a straight-line basis over the life of the related lease.

Assets Year
Buildings and improvements 50
Public domain infrastructure 50
System infrastructure 30
Vehicle 5
Office equipment 5
Computer equipment 5
September 25, 2023 Special Meeting of the Lindsay City Council

City of Lindsay
Notes to Basic Financial Statements
June 30, 2022
27 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Continued C. Assets, Deferred Outflows, Liabilities, Deferred Inflows, Net Position, or Equity (Continued) Encumbrances
Encumbrance accounting is used in all budgeted funds to reserve portions of applicable appropriations for which commitments have been made. Encumbrances are recorded for purchase orders, contracts, and other commitments when they are written. Encumbrances are liquidated when the commitments are paid. All encumbrances are liquidated at June 30.

Pensions
For purposes of measuring the net pension liability, deferred outflows and inflows of resources related to pensions, and pension expense, information about the fiduciary net position and additions to/deductions from the fiduciary net position have been determined on the same basis as they are reported by the CalPERS’ Financial Office. For this purpose, benefit payments (including refunds of employee contributions) are recognized when currently due and payable in accordance with the benefit terms. Investments are reported at fair value.

Other Postemployment Benefits (OPEB)
For purposes of measuring the total OPEB liability, deferred outflows of resources and deferred inflows of resources related to OPEB, and OPEB expense, generally accepted accounting principles require that the reported results must pertain to liability and asset information within certain defined timeframes. For this report, the following timeframes are used: June 30, 2022 Valuation Date, June 30, 2022 Measurement Date, July 1, 2021 through June 30, 2022 Measurement Period. Investments are reported at fair value.

Property Taxes
Tulare County is responsible for the assessment, collection, and apportionment of property taxes for all taxing jurisdictions. Secured property taxes attach as an enforceable lien on property as of January 1. Taxes are payable in two installments on November 1 and March 1. Unsecured property taxes are payable in one installment on or before August 31. Property taxes are accounted for in the General Fund and the Private-Purpose Trust Fund (formally the City’s Redevelopment Agency). Property tax revenues are recognized when they become measurable and available to finance current liabilities.

The City is permitted by Article XIIIA of the State of California Constitution (Proposition 13) to levy a maximum tax of 1% of assessed value, plus other increases as approved by the voters.

Unearned revenue
Unearned revenue arises when assets are received before revenue recognition criteria have been satisfied. Grants and entitlements from federal and state projects and programs received before eligibility requirements are met are recorded as unearned revenue.

September 25, 2023 Special Meeting of the Lindsay City Council