B. Liability for Uninsured Claims
The City’s liability for the uninsured portion of claims, including a provision for claims incurred but not reported, was computed as follows based on claims experience:
Liability
Insurance
Reserve
Workers’
Compensation Total
Balances of claims payable at June 30, 2020 2,683,534$ 5,215,194$ 7,898,728$ Incurred claims and change in estimated (429,224) 161,128 (268,096) Claims paid (124,330) (830,811) (955,141) Balances of claims payable at June 30, 2021 2,129,980$ 4,545,511$ 6,675,491$ Claims payable - current 420,000$ 890,000$ 1,310,000$
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NOTE 15 – ECONOMIC DEVELOPMENT INCENTIVES – TAX ABATEMENTS
The City offers economic development incentive program to the entities that propose to locate or expand already established businesses within the City. This incentive program is expected to provide a stimulus to the City's economy, increase the tax base and create jobs. Each of the agreements entered into by the City, provides for a rebate of taxes paid to the City according to formulas contained in the agreements. These limited terms agreements provide for a sharing of the taxes (percentage rebates) above certain amounts with a maximum rebate not to exceed the cost of a business’ improvements and/or development impact fees. The City generally expects to receive increased revenue as a result of these agreements. These incentive agreements require approval by City Council.
For financial reporting purposes, the GASB Statement No. 77 defines a tax abatement as resulting from an agreement between a government and an individual or entity in which the government promises to forgo tax revenues and the individual or entity promises to subsequently take a specific action that contributes to economic development or otherwise benefits the government or its citizens. According to the GASB 77, the substance of these agreements meets the definition of “tax abatements” as the revenues received were not available for general municipal services purposes, but rather used to effectively reduce the net tax liability of certain taxpayers per the conditions of an agreement.
The taxes paid to the City are included in the revenue reported in these financial statements. The payments made to the businesses based upon the taxes paid are also included as expenditures in these financial statements. For the fiscal year ended June 30, 2021, under this program the City has abatements of sales tax totaling $1,212,068.
Pursuant to the Sales and Use Tax law (chapter 8 – Article 1 – section 7056), in order to protect the confidential information of sales taxes collected and abatements provided to each of the specific agencies, the City has presented the aggregate amount abated during the current fiscal year.
NOTE 16 - COMMITMENTS AND CONTINGENCIES
The City is subject to litigation arising in the normal course of business. In the opinion of the City Attorney there is no pending litigation which is likely to have a material adverse effect on the financial position of the City.
The City participates in several Federal and State grant programs. These programs have been audited by the City's independent accountants in accordance with the provisions of the Federal Single Audit Act amendments of 1996 and applicable State requirements. No cost disallowances were proposed as a result of these audits; however, these programs are still subject to further examination by the grantors and the amount, if any, of expenditures which may be disallowed by the granting agencies cannot be determined at this time. The City expects such amounts, if any, to be immaterial.
On March 11, 2020, the World Health Organization declared the novel strain of coronavirus (COVID -19) a global pandemic and recommended containment and mitigation measures worldwide. The COVID-19 outbreak in the United States has caused business disruption through mandated and voluntary closings of businesses and shelter in place orders for all but those deemed essential services.
While the business disruption is currently expected to be temporary, there is considerable uncertaint y around the duration of the closings and shelter in place orders. Although many of the City's services are considered essential, the City Hall was closed to the public, certain other services transitioned to online- only and because the City's major revenue sources, including businesses that collect sales taxes, are directly impacted by these events, it is probable that this matter will negatively impact the City. However, the ultimate financial impact and duration cannot be reasonably estimated at this time.
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NOTE 16 - COMMITMENTS AND CONTINGENCIES (Continued)
A. Construction Commitments
The City has the following outstanding construction commitments at June 30, 2021:
Vendors Amount
S&H Constuction 336,260$
Meyers & Sons 100,138
Roebbelen 11,338,383
Alex Kushner 361,180
Integra Construction Services 407,909
Marshall Brothers 306,962
Robert A Bothmans Constuction 3,507,000
16,357,832$
There were no outstanding encumbrances related to these commitments on June 30, 2021.
B. Animal Shelter
The Cities of Dublin, Pleasanton, and Livermore and the County of Alameda reached an agreement under which Alameda County constructed an animal shelter facility on County property. Under the agreement the entities share in the debt service and operating costs of the project based on their use of the animal shelter. The City of Livermore paid $418,440 for its share of debt service and operating costs. The City’s portion of the project fluctuates based on actual usage and was 21% as of June 30, 2021.
C. Alameda County
During fiscal year 2014- 15, Alameda County made a $2.8 million contribution necessary to affect the redemption and retirement of the 2006 Bankhead Theater bond and prepayment of 2006 loan and issuance of 2014 COP Series A. The City is obliged to return $2.8 million to Alameda County in the event the Bankhead Theater is sold. At present, the City does not have any intentions of selling the Theater.
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NOTE 17 – SUCCESSOR AGENCY ACTIVITIES
The City of Livermore opted to become the Livermore Successor Agency to the former Redevelopment Agency of Livermore as of January 9, 2012. Since February 1, 2012, the date of dissolution, the housing related assets and activities of the dissolved redevelopment agency are reported in the governmental Housing Successor Special Revenue Fund. The non-housing related assets and activities of the dissolved redevelopment agency are reported in the fiduciary Successor Agency to the Redevelopment Agency Private Purpose Trust Fund whose activities are subject to review and approval of the Oversight Board.
A. Long-Term Debt
The Successor Agency assumed the long- term debt of the Redevelopment Agency as of February 1, 2012. On August 1, 2001, the Redevelopment Agency issued $36,775,000 of 2001 Tax Allocation Bonds, Series A. Proceeds were used to refund the above outstanding Livermore Redevelopment Project 1986 Tax Allocation Bonds Series A, and to provide funds to finance various redevelopment activities within the Project Area.
Post Dissolution Assembly Bill 1484 permits the refunding of outstanding bonds of former redevelopment agencies if the total debt service (principal and interest) on the new refunding bonds is less than the total remaining debt service on the bonds being refunded (currently outstanding). The purpose for refunding redevelopment bonds is to reduce the interest rate, which lowers the annual tax increment required to make debt payments and increases the share of tax increment available to affected taxing entities.
In December 2016, the Successor Agency refinanced the 2001 Tax Allocation Bonds, Series A and issued two refunding bonds, 2016 Tax Allocation Refunding Bonds, Series A (tax exempt) and Series B (taxable). The refinancing of this debt did not extend the August 1, 2032 final maturity date or provide additional proceeds for projects; however, the anticipated present value savings are more than $300,000 annually or approximately $4.9 million over the life of the refunding issue. The future annual debt savings will allow more funds to flow to the affected taxing entities, including the City. The table below presents the detail of activities during current fiscal year.
Balance at Balance at Amount due
June 30, 2020 Retirements June 30, 2021 in one year
Fiduciary Activities
2016 Tax AllocationRefunding Bonds, 3.00%-5.00%, 2032 19,815,000$ 1,280,000$ 18,535,000$ 1,345,000$ Unamortized Premium 1,025,236 92,490 932,746 92,490 Total debt 20,840,236$ 1,372,490$ 19,467,746$ 1,437,490$
Semiannual debt service payments are due August 1 and February 1, and are repayable from tax increment revenues of the Redevelopment Agency Project Area. Annual debt service requirements combined are shown below:
For the Year
Ending June 30 Principal Interest Total
2022 1,345,000$ 697,344$ 2,042,344$
2023 1,410,000 628,469 2,038,469
2024 1,485,000 556,094 2,041,094
2025 1,550,000 480,219 2,030,219
2026 1,630,000 400,719 2,030,719
2027-2031 9,110,000 1,111,222 10,221,222
2032 2,005,000 35,088 2,040,088
Total 18,535,000 3,909,155$ 22,444,155$
Unamortized Premium 932,746
Total Debt 19,467,746$
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NOTE 17 – SUCCESSOR AGENCY ACTIVITIES (Continued)
B. Commitments and Contingencies
The City and former Agency have entered into a variety of development agreements with third parties to provide needed improvements and projects. Activities under agreements for which there are continuing commitments are disclosed in the following paragraphs. Additionally, the City and Agency have other agreements that entitle them to collect certain loans or notes receivable which are disclosed in Note 5.
Last and Final Recognized Obligation Payment Schedule (LFROPs) In September 2018, the State Department of Finance (DOF) approved the Successor Agency’s Last and Final Recognized Obligation Payment Schedule (LFROP). The Successor Agency will continue to receive property tax increment revenue to pay items listed on the LFROPs , without any objections by the DOF , until all obligations are paid off.
Loans between the LSA and the City
The remaining loan left for the Successor agency is the SERAF Loan, with a current balance of $6 43,438.
Further information on the loans is provided in Note 5.
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NOTES TO REQUIRED SUPPLEMENTARY INFORMATION
1. SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES –
BUDGET TO ACTUAL
The Schedule of Revenues, Expenditures and Changes in Fund Balances – Budget to Actual presents the comparison of actual balances with the balances budgeted for revenues, expenses and transfers. This schedule is presented for General Fund, Low Income Housing Special Revenue Fund and Housing Successor Special Revenue Fund.
2. AGENT MULTIPLE-EMPLOYER DEFINED BENEFIT PENSION PLAN (Miscellaneous Plan):
SCHEDULE OF CHANGES IN THE NET PENSION LIABILITY AND RELATED RATIOS
This schedule reports t he beginning and ending balances of the total pension liability, the plan assets available for pension benefits (called plan net position), and the net pension liability, as well as the change in those amounts during the year presented by cause (similar to the note disclosure). It also reports the total pension liability, plan net position, net pension liability, a ratio of plan net position divided by the total pension liability, the payroll amount for current employees in the plan (covered- employee payroll), and a ratio of the net pension liability divided by covered payroll.
SCHEDULE OF CONTRIBUTIONS
This schedule reports the agent multiple-employer’s contributions to the plan which are actuarially determined, the employer’s actual contributions, the difference between the actual and actuarially determined contributions, and a ratio of the actual contributions divided by covered payroll.
3. COST-SHARING EMPLOYER DEFINED BENEFIT PENSION PLAN (Safety Plan):
SCHEDULE OF PROPORTIONATE SHARE OF THE NET PENSION LIABILITY
This schedule reports the proportion (percentage) of the collective net pension liability, the proportionate share (amount) of the collective net pension liability, the employer’s covered employee payroll, the proportionate share (amount of the collective net pension liability as a percentage of the employer’s covered employee payroll and the pension plan’s fiduciary net position as a percentage of the total pension liability.
SCHEDULE OF CONTRIBUTIONS
This schedule reports the cost sharing employer’s contributions to the plan which are actuarially determined, the employer’s actual contributions, the difference between the actual and actuarially determined contributions, and a ratio of the actual contributions divided by covered- employee payroll.
4. OTHER POST EMPLOYMENT BENEFITS:
SCHEDULE OF CHANGES IN THE CITY’S NET OPEB LIABILITY AND RELATED RATIOS
This schedule presents information about the components of the net OPEB liability and related ratios, including the OPEB plan’s fiduciary net position as a percentage of the total OPEB liability, and the net OPEB liability as a percentage of covered-employee payroll
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SCHEDULE OF CONTRIBUTIONS
This schedule reports the City’s contributions to the plan which are actuarially determined, the employer’s actual contributions, the difference between the actual and actuarially determined contributions, and a ratio of the actual contributions divided by covered-employee payroll.
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Variance
Budgeted Amounts Final Budget
A
ctual Amounts Positive
Original Final Budgetary Basis (Negative)
REVENUES
Property taxes 36,954,000$ 39,322,618$ 38,874,959$ (447,659)$ Sales taxes 30,864,380 31,242,817 35,441,550 4,198,733 Other taxes 15,280,350 14,143,763 16,150,201 2,006,438 Licenses and permits 2,276,080 2,696,318 2,587,449 (108,869) Intergovernmental 10,815,130 15,705,863 15,307,657 (398,206) Contributions from outside sources - 3,025,000 3,024,939 (61) Fines and forfeitures 380,000 285,000 395,011 110,011 Charges for current services 7,511,769 7,979,253 7,954,991 (24,262) Use of money and property 5,696,124 3,840,079 4,407,874 567,795 Miscellaneous 440,250 440,277 413,959 (26,318) Total Revenues 110,218,083 118,680,988 124,558,590 5,877,602
EXPENDITURES
General Government:
City Council 177,444 356,074 292,587 63,487 City Manager 2,081,537 2,051,779 2,115,420 (63,641) City Attorney 2,049,549 2,067,989 1,874,129 193,860 Administrative Services 6,431,356 6,857,149 6,459,231 397,918 General Services 3,313,638 3,814,378 3,040,213 774,165 Fire 23,184,178 23,079,446 22,758,011 321,435 Police 40,041,469 38,979,110 38,135,545 843,565 Public Works 9,500,909 8,126,510 7,886,134 240,376 Community Development 16,919,593 18,575,541 17,784,727 790,814 Economic Development 3,409,702 4,584,406 4,401,048 183,358 Library 6,304,650 5,904,697 5,517,721 386,976 Capital projects 7,520,000 5,056,939 3,462,289 1,594,650 Total Expenditurs 120,934,025 119,454,018 113,727,055 5,726,963
EX CESS (DEFICIENCY) OF REVENUES
OVER EX PENDITURES (10,715,942) (773,030) 10,831,535 11,604,565
OTHER FINANCING SOURCES (USES)
Transfers in 2,145,934 2,767,749 537,023 (2,230,726) Transfers (out) (4,715,109) (4,951,979) (4,189,578) 762,401 Total Other Financing Sources (Uses) (2,569,175) (2,184,230) (3,652,555) (1,468,325) Net change in fund balance (13,285,117) (2,957,260) 7,178,980 10,136,240$ Fund balance-beginning 69,998,513 69,998,513 69,998,513 F
und balance-ending 56,713,396$ 67,041,253$ 77,177,493$
GENERAL FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL
FOR THE FISCAL YEAR ENDED JUNE 30, 2021
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Variance
Positive
Budget Actual (Negative)
REVENUES
Contributions from outside sources 25,727$ 84,688$ 58,961$ Charges for services 500,000 194,406 (305,594) Use of money and property 197,038 159,155 (37,883) Miscellaneous 302,000 762,839 460,839 Total Revenues 1,024,765 1,201,088 176,323
EXPENDITURES
Current:
Community Development 6,322,433 1,302,945 5,019,488 Capital Outlay:
Capital projects 20,000 13,689 6,311 Total Expenditures 6,342,433 1,316,634 5,025,799
EX CESS (DEFICIENCY) OF REVENUE
OVER EX PENDITURES (5,317,668) (115,546) 5,202,122
OTHER FINANCING SOURCES (USES)
Transfers (out) (239,671) (273,167) (33,496) Total Other Financing Sources (Uses) (239,671) (273,167) (33,496) Net change in fund balance (5,557,339)$ (388,713) 5,168,626$ Fund balances - beginning 19,751,631
Fund balances - ending 19,362,918$
LOW INCOME HOUSING SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL
FOR THE FISCAL YEAR ENDED JUNE 30, 2021
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2014 2015 2016 2017 2018 2019 2020
Total Pension Liability 3
Service Cost 4,972,951$ 4,537,193$ 4,562,441$ 5,221,025$ 5,353,724$ 5,434,229$ 5,542,184$ Interest on total pension liability 16,548,323 17,148,686 18,070,523 18,672,998 19,302,859 20,616,830 21,754,166 Changes in assumptions4 - (4,175,908) - 15,364,082 (2,304,595) - - Differences between expected and actual experience - (3,477,134) 1,428,415 (1,649,050) (921,100) 6,244,408 3,404,399 Benefit payments, including refunds of employee contributions (9,745,631) (10,512,026) (11,641,525) (11,823,392) (12,027,431) (13,100,635) (14,104,669) Net change in total pension liability 11,775,643 3,520,811 12,419,854 25,785,663 9,403,457 19,194,832 16,596,080 Total pension liability - beginning 223,030,646 234,806,289 238,327,100 250,746,954 276,532,617 285,936,074 305,130,906 Total pension liability - ending (a) 234,806,289$ 238,327,100$ 250,746,954$ 276,532,617$ 285,936,074$ 305,130,906$ 321,726,986$ Plan fiduciary net position
Contributions - employer 5,315,795$ 5,509,908$ 6,359,536$ 7,245,912$ 7,671,730$ 8,682,861$ 9,778,161$ Contributions - employee 2,148,997 1,995,107 2,089,854 2,145,822 2,298,455 2,383,496 2,349,388 Net investment income 26,647,212 3,984,421 936,187 19,644,077 16,437,015 13,686,966 10,900,291 Benefit payments (9,745,631) (10,512,026) (11,641,525) (11,823,392) (12,027,431) (13,100,635) (14,104,669) Net plan to plan resource movement - - - - (481) - - Administrative expense - (201,583) (109,139) (260,907) (301,784) (147,841) (308,279) Other miscellaneous income/(expense) - - - - (573,094) 481 - Net change in plan fiduciary net position 24,366,373 775,827 (2,365,087) 16,951,512 13,504,410 11,505,328 8,614,892 Total fiduciary net position - beginning 153,937,012 178,303,385 179,079,212 176,714,125 193,665,637 207,170,047 218,675,375 Total fiduciary net position - ending (b) 178,303,385$ 179,079,212$ 176,714,125$ 193,665,637$ 207,170,047$ 218,675,375$ 227,290,267$ Net pension liability - ending (a) - (b) 56,502,904$ 59,247,888$ 74,032,829$ 82,866,980$ 78,766,027$ 86,455,531$ 94,436,719$ Fiscal Year Ended 6/30/2015 6/30/2016 6/30/2017 6/30/2018 6/30/2019 6/30/2020 6/30/2021 Plan fiduciary net position as a percentage of the
total pension liability 75.94% 75.14% 70.48% 70.03% 72.45% 71.67% 70.65% Covered payroll 5 25,934,554$ 24,958,429$ 25,849,521$ 26,984,829$ 27,914,510$ 28,870,154$ 30,022,667$ Net pension liability as percentage of covered payroll 217.87% 237.39% 286.40% 307.09% 282.17% 299.46% 314.55% Notes to Schedule
1 All Tiers of the Miscellaneous plan were combined on GASB 68 report by CalPERS. 2 This schedule is intended to show information for 10 years. Information in this schedule is not available prior to 2014. Additional years will be added to this schedule in future fiscal years until 10 years of data is presented.
3 Benefit changes: The figures above do not include any liability impact that may have resulted from plan changes which occurred after the June 30, 2017 valuation date. This applies for voluntary benefit changes as well as any offers of Two Years Additional Service Credit (a.k.a. Golden Handshakes). 4 Changes in assumptions: Discount rates 7.50% 7.65% 7.65% 7.15% 7.15% 7.15% 7.15% 5 Includes one year’s payroll growth using 2.75 percent payroll growth assumption for fiscal years ended June 30, 2018-20; 3.00 percent payroll growth assumption for fiscal years ended June 30, 2014-17.
Measurement period ended June 30,
SCHEDULE OF CHANGES IN THE NET PENSION LIABILITY AND RELATED RATIOS Miscellaneous Plan 1
An Agent Multiple-Employer Defined Benefit Pension Plan Las t 10 Years2
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Proportionate
share of the net Plan's proportionate
penion share of the fiduciary
Liability/(assets) net position as a Proportionate
Measurement Proportion Proportionate as a percentage percentage of the share of aggregate period ended of the net share of the net Plan's covered of its plan's total pension employer Fiscal Year June 30, pension liability pension liability payroll 2 covered payroll liability contribution ended June 30, 2021 2014 0.35300% 21,965,368$ 9,836,927$ 223.30% 81.45% 2,724,851$ 2015 2015 0.62029% 25,558,797 9,776,879 261.42% 79.04% 2,620,740 2016 2016 0.63978% 33,135,364 10,332,152 320.70% 74.13% 2,894,745 2017 2017 0.64020% 38,253,169 10,874,918 351.76% 73.15% 3,301,561 2018 2018 0.66102% 38,785,811 11,599,156 334.38% 74.09% 3,759,899 2019 2019 0.67581% 42,187,668 12,310,910 342.69% 74.04% 4,387,258 2020 2020 0.69837% 46,528,122 13,023,674 357.26% 72.96% 5,095,707 2021 1 This schedule is intended to show information for 10 years. Information in this schedule is not available prior to 2014.
Additional years will be added to this schedule in future fiscal years until 10 years of data is presented. 2 With the implementation of GASB 82, Covered Payroll is defined as the actual payroll on which contributions to a pension plan are based.
SCHEDULE OF THE PLAN'S PROPORTIONATE SHARE OF THE NET PENSION LIABILITY AND RELATED RATIOS AS OF THE MEASUREMENT DATE Safety Police Plan
A Cost Sharing Defined Benefit Pension Plan
Las t 10 Years1
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Contributions in
relation to the
Fiscal year Actuarially actuarially Contributions Contributions as a ended determined determined deficiency Covered percentage of June 30, contributions contributions (excess) payroll covered payroll 2014 3 5,315,795$ (5,315,795)$ -$ 25,934,554$ 20.50% 2015 3 5,509,908 (5,509,908) - 24,958,429 22.08% 2016 3 6,359,536 (6,359,536) - 25,849,521 24.60% 2017 3 7,245,912 (7,245,912) - 26,984,829 26.85% 2018 3 7,671,730 (7,671,730) - 27,914,510 27.48% 2019 3 8,878,238 (8,878,238) - 29,985,230 29.61% 2020 4 10,004,357 (10,004,357) - 30,451,705 32.85% 2021 4 10,927,202 (10,927,202) - 30,835,078 35.44% June 30, 2017
Entry age normal
Level percentage of payroll
Market value of assets
2.625%
Varies by Entry Age and Service
2.875%
7.25%, net of pension plan investment expense, including inflation. 50 years
Benefit changes: None
Changes in assumptions: None
1 All Tiers of the Miscellaneous plan were combined on GASB 68 report by CalPERS. 2 This schedule is intended to show information for 10 years. Information in this schedule is not available prior to 2014.
Additional years will be added to this schedule in future fiscal years until 10 years of data is presented. 3 Fiscal years noted in this table match with the fiscal years presented in the GASB 68 actuarial valuation report 4 As prescribed in GASB 68, paragraph 46, the information presented is from the most recent year A fixed 30-year period with the increases or decreases in the rate spread directly over a 5- year period.
Amortization period
Asset valuation method
Inflation
Notes to Schedule
Valuation date:
Methods and assumptions used to determine
Actuarial cost method
Amortization method
The probabilities of mortality are based on the 2017 CalPERS Experience Study for the period from 1997 to 2015. Pre-retirement and Post-retirement mortality rates include 15 years of projected mortality improvements using 90% of Scale MP-2016 published by the Society of Actuaries.
Salary increases
Payroll growth
Investment rate of return
Retirement age
Mortality
Miscellaneous Plan 1
An Agent Multiple-Employer Defined Benefit Pension Plan Las t 10 Years2
SCHEDULE OF CONTRIBUTIONS
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Contributions in
Fiscal year A ctuarially relation to the Contributions Contributions as a ended determined actuarially determined deficiency Covered percentage of June 30, contributions contributions (excess) payroll 4 covered payroll 2014 2 2,334,711$ (2,334,711)$ -$ 9,487,559$ 24.61% 2015 2 2,620,741 (2,620,741) - 9,776,879 26.81% 2016 2 2,894,745 (2,894,745) - 10,332,152 28.02% 2017 2 3,301,561 (3,301,561) - 10,874,918 30.36% 2018 2 3,759,899 (3,759,899) - 11,599,156 32.42% 2019 2 4,387,258 (4,387,258) - 12,310,910 35.64% 2020 3 5,095,707 (5,095,707) - 13,023,674 39.13% 2021 3 5,548,843 (5,548,843) - 12,779,176 43.42% Changes in assumptions: None
1 This schedule is intended to show information for 10 years. Information in this schedule is not available prior to 2014.
Additional years will be added to this schedule in future fiscal years until 10 years of data is presented. 2 Fiscal years noted in this table match with the fiscal years presented in the GASB 68 actuarial valuation report 3 As prescribed in GASB 68, paragraph 46, the information presented is from the most recent year 4 Covered Payroll is defined as the actual payroll on which contributions to a pension plan are based.
Safety Police Plan
Notes to Schedule
SCHEDULE OF CONTRIBUTIONS
Las t 10 Years1
A Cost Sharing Defined Benefit Pension Plan
Benefit changes: None
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2017 2018 2019 2020 2021
Service Cost 1,324,000$ 1, 364,072$ 1,404,890$ 1,188,021$ 1,223,662$ Interest 4,461,000 4,645,578 4,827,840 4,936,407 5,115,274 Changes in assumptions - - 4,311,034 - (1,463,176) Differences between expected and actual experience - - (5,282,915) - (1,868,874) Benefit payments, including refunds (2,839,793) (3,109,307) (3,383,525) (3,363,911) (3,452,661) Net change in total OPEB liability 2,945,207 2,900,343 1,877,324 2,760,517 (445,775) Total OPEB liability - beginning 68,715,793 71,661,000 74,561,343 76,438,667 79,199,184 Total OPEB liability - ending (a) 71,661,000$ 74,561,343$ 76,438,667$ 79,199,184$ 78,753,409$ Plan fiduciary net position
Contributions - employer 5,747,533$ 5,324,000$ 5,380,000$ 4,900,000$ 5,163,000$ Net investment income 2,128,521 2,012,498 1,855,034 805,844 10,050,944 Benefit payments, including refunds (2,839,793) (3,109,307) (3,383,525) (3,363,911) (3,452,661) Administrative expense (86,886) (102,288) (111,259) (121,024) (141,453) Net change in plan fiduciary net position 4,949,375 4,124,903 3,740,250 2,220,909 11,619,830 Plan fiduciary net position - beginning 17,215,192 22,164,567 26,289,470 30,029,720 32,250,629 Plan fiduciary net position - ending (b) 22,164,567$ 26,289,470$ 30,029,720$ 32,250,629$ 43,870,459$ City's net OPEB liability - ending (a) - (b) 49,496,433$ 48,271,873$ 46,408,947$ 46,948,555$ 34,882,950$ Plan fiduciary net position as a percentage of the
total pension liability 30.9% 35.3% 39.3% 40.7% 55.7%
Covered payroll 2 29,345,533$ 47,169,986$ 28, 506,581$ 26,656,102$ 26,508,421$ City's net OPEB liability as a percentage of covered payroll 168.7% 102.3% 162.8% 176.1% 131.6% 1 This schedule is intended to show information for 10 years. Additional years w ill be added to this schedule in future fiscal years until 10 years of data is presented. 2 With the implementation of GASB 82, Covered Payroll is defined as the actual payroll on w hich contributions to a pension plan are based.
Notes to Schedule
Benefit changes: None
Changes in assumptions:
- Discount Rate was updated from 6.5% to 6.25% for anticipated lower capital market assumptions in fiscal year 2021 - Decreased medical trend rate for Kaiser Senior Advantage plans - Participation at retirement changed from 95% to 90%
- Medical Plan Election updated based on current experience - Mortalility improvement scale was updated to Scale MP-2020
SCHEDULE OF CHANGES IN THE CITY'S NET OPEB LIABILITY AND RELATED RATIOS Las t 10 Fis cal Years 1
Meas urement Date / Fis cal Year Ended June 30,
EXHIBIT A
294
FINANCIAL SECTION
Required Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 129
Contributions in
relation to the
Fiscal year Actuarially actuarially Contributions Contributions as a ended determined determined deficiency Covered percentage of June 30, contributions contributions (excess) payroll 2 covered payroll 2017 5,426,000$ (5,747,533)$ (321,533)$ 29,345,533$ 19.59% 2018 5,060,000 (5,324,000) (264,000) 47,169,986 11.29% 2019 5,082,000 (5,380,000) (298,000) 28,506,581 18.87% 2020 4,900,000 (4,900,000) - 26,656,102 18.38% 2021 4,963,000 (5,163,000) (200,000) 26,508,421 19.48% June 30, 2018
Entry age, level percentage of payroll
Level percentage of payroll
17-year fixed period for 2020-21
Investment gains and losses spread over 5-year rolling period
2.75%
Healthcare cost trend rates Non-medicare - 7.0% for 2020 scaling down to 4.0% in 2076 Medicare - 6.1% for 2020 scaling down to 4.0% in 2076
3.00%
6.50%
Benefit changes: None
Changes in assumptions: None
1 This schedule is intended to show information for 10 years. Additional years will be added to this schedule in future fiscal years until 10 years of data is presented. 2 With the implementation of GASB 82, Covered Payroll is defined as the actual payroll on which contributions to a pension plan are based.
Las t 10 Fis cal Years 1
Notes to Schedule
OTHER POST EMPLOYEMENT BENEFITS
Valuation date:
Methods and assumptions used to determine
Actuarial cost method
Amortization method
Remaining amortization period
Asset valuation method
The probabilities of mortality are derived from CalPERS' Membership Data for all Funds based on CalPERS' specific data from a 2015 CalPERS Experience Study report, derived from data collected during fiscal years 1997 to 2015. The table includes Mortality improvement projection Scale MP-2018 with 15-year convergence.
Average retirement age for Miscellaneous & Safety employees is 58.6 and 53.4 years, respectively.
Inflation
Salary increases
Discount Rate
Retirement age
Mortality
EXHIBIT A
295
EXHIBIT A
296
EXHIBIT A
297
EXHIBIT A
298
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 133
NON-MAJOR GOVERNMENTAL FUNDS
SPECIAL REVENUE FUNDS are used to account for City revenues from sources that, by law or administrative action, are designated to finance particular functions or activities of government. The individual special revenue funds are as follows:
HOUSING SUCCESSOR AGENCY
Established to account for assets and liabilities assumed by the City from the former Redevelopment Agency’s Low and Moderate Income Housing Fund.
HOUSING AND COMMUNITY ASSISTANCE
Established to account for outside resources used for Housing and Human Service programs that can be used to create and expand affordable housing opportunities.
HORIZONS
Established to account for the receipt of grant funds from the Federal Department of Health and Human Services (passed through the Alameda County Probation Department and the Alameda County Health Care Services Agency) for the youth diversion program.
SOLID WASTE MANAGEMENT
Established to account for funds received from waste hauler franchise fees and Alameda County Waste Management Authority used to administer and participate in City/County planning programs to e nsure compliance with the California Integrated Solid Waste Management Act, AB 939.
MAINTENANCE DISTRICT
Established to account for the receipt and disbursement of Landscape and Maintenance District fees collected from developers and homeowners.
CITY STREET SWEEPING
Established to administer funds received through solid waste collection fees.
PARK FEE
Established to administer the AB1600 funds received from developers to construct new parks in the City.
OTHER SPECIAL REVENUE FUNDS
Established to account for City programs including the Public Art In- Lieu Fee Program, Altamont Open Space Program, and Brownfield Program.
PEG
Established to account for Public, Educational, and Government (PEG) Access funds received from local cable TV franchises used for capital related items for community cable programming.
ALAMEDA COUNTY TRANSPORTATION FUNDS
Established to account for funds received from the Alameda County Transportation Commission including Measure B funds, Measure F funds (Vehicle Registration Fees), and project -specific grant funds which provide funding for street maintenance and improvement programs, pedestrian programs, and transportation-related capital projects.
GAS TAX
Established to account for revenue apportioned to the City from State Street & Highways Codes 2103, 2105, 2106, and 2107, and State Department of Transportation Proposi tion 1B funds which are expended for construction and maintenance of City streets.
EXHIBIT A
299
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 134
HOST COMMUNITY IMPACT FEE
Established to account for the collection of Host Community Impact Fees from the Altamont and Vasco Road Landfills which are restricted for the use of promoting the arts in Livermore.
OTHER IMPACT FEE SPECIAL REVENUE FUND
Established to account for other City impact fees including the Downtown Revitalization Impact Fee, Human Services Facilities Impact Fees, Parking Space Impact Fees, Storm Drain Impact Fees, and Solid Waste and Recycling Impact Fees to be expended according to their respective City ordinances.
TRI-VALLEY TRANSPORTATION COUNCIL (TVTC) 20% FEE
Established to account for receipts of Tri-Valley Transportation Council fees for specific capital improvement projects.
OTHER LOCAL, STATE, AND FEDERAL GRANTS SPECIAL REVENUE FUND Established to account for various grants from local agencies, the State of California, and the Federal Government to be expended for a specific program, activity or facility.
DEBT SERVICE FUNDS are used to account for the payment of principal and interest on city -wide governmental debt.
2020 COP
Series A were issued to defease 2014 COP Series A. Series B were issued to defease LCPFA 2011 COP and the 2014 COP Series B.
CAPITAL PROJECTS FUNDS are used to account for and report financial resources that are restricted, committed or assigned to expenditures for capital outlays, including the acquisition or construction of capital facilities and other capital assets.
TRAFFIC IMPACT FEE
Established to account for t raffic impact fees collected from developers for the purpose of constructing or providing circulation system improvements.
ISABEL AVENUE
Established to account for the construction of new interchange on I -580 at Isabel Avenue/ Route 84 Extension. Financing is provided by Other Local, State and Federal Grant Funds, Alameda County Transportation Fund, and developer impact fees.
EL CHARRO SPECIFIC PLAN
Established to account for the design and construction of the public infrastructure to serve the El Charro Specific Plan Area. Financing is provided by the Water Enterprise Fund, Storm Drain Fund, Traffic Impact Fee Fund, LCPFA COP 2008 and 2011 COP Construction Funds, Alameda County Zone 7 Water Agency, Alameda County Transportation Commission Grant Funds, State grants, City of Pleasanton, and development impact fees collected.
DEVELOPER DEPOSITS
Established to account for developer fees received pursuant to development agreements, performance deposits, public park improvement fees and transportation development fees collected.
OTHER CAPITAL PROJECTS
Established to account for various quality community improvements including Transferable Development Credits from developers, fire station, Livermore park , and to account for construction of public improvements on College Avenue Assessment District 87-2A and Shea Community Facilities District.
EXHIBIT A
300
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 135
STREET FUND
Established to account for the construction and improvements of city streets including Vasco Road, Civic Center Bus Stop, and Route 84. Financing includes multiple sources including City funds (Tr i-Valley Transportation Council Funds, Traffic Impact Fees) and third parties (California Department of Transportation, LAVTA and Agency Trust).
PERMANENT FUNDS are used to report resources that are legally restricted to the extent that only earnings, not principal, may be used for purposes that support the government’s programs.
DOOLAN CANYON ENDOWMENT FUND
Established to account for an endowment restricted for items related to mitigation of the burrowing owl habitat.
EXHIBIT A
301
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 136
Housing Housing & Solid
Successor Community Waste Maintenance City Street
Agency A ssistance Horizons Management District Sweeping ASSETS
Cash and investments in City Treasury 2,716,914$ 1,087,853$ -$ 439,585$ 12,389,142$ 124,158$ Cash and investments with Trustees - - - - - - Accounts receivables (net of applicable allowable
for uncollectibles) - 341,238 154,591 67,307 31,234 490 Notes receivable 4,757,953 1,762,209 - - - - Total Assets 7,474,867$ 3,191,300$ 154,591$ 506,892$ 12,420,376$ 124,648$
LIABILITIES
Accounts payable and other accruals -$ 31,645$ 38,116$ 25,443$ 267,843$ 18,385$ Accrued payroll - 5,082 23,009 10,379 23,772 4,430 Deposits payable - - - - - - Advances from other funds - - - - - - Unearned rents and revenue - - 1,902 - - - Total Liabilities - 36,727 63,027 35,822 291,615 22,815
DEFERRED INFLOWS OF RESOURCES
Unavailable revenue 4,114,515 1,762,209 - - - - Total deferred inflows of resources 4,114,515 1,762,209 - - - -
FUND BALANCE
Nonspendable - - - - - - Restricted 3,360,352 1,392,364 91,564 471,070 12,128,761 101,833 Committed - - - - - -
Total Fund Balances (Deficits) 3,360,352 1,392,364 91,564 471, 070 12,128,761 101,833 Total Liabilities, deferred inflows of resources,
and fund balances (deficits) 7,474,867$ 3,191,300$ 154,591$ 506,892$ 12,420,376$ 124,648$
NON-MAJOR GOVERNMENTAL FUNDS
COMBINING BALANCE SHEET
JUNE 30, 2021
SPECIAL REVENUE FUNDS
EXHIBIT A
302
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 137
Alameda
Other County Host Other
Park Special Revenue Transportation Community Impact TVTC 20% Fee Funds PEG Funds Gas Tax Impact Fee Fee Fee
8,613,747$ 6,646,751$ 1,002,652$ 6,044,860$ 9,344,235$ 1,239,606$ 6,437,463$ 3,878,759$ - - - - - - - - - 592 63,131 663,820 166,005 125,679 - - - 84,428 - - - - - - 8,613,747$ 6,731,771$ 1,065,783$ 6,708,680$ 9,510,240$ 1,365,285$ 6,437,463$ 3,878,759$ 46,040$ 104,754$ -$ 75,714$ 3,305$ 19,912$ 197,232$ -$ - - - - - - - - - - - 45,153 - - 2,017 - - - - - - - 3,874,396 - 66,765 451,222 - - - - - - 112,805 555,976 - 120,867 3,305 19,912 4,073,645 - - 84,428 - - - - - - - 84,428 - - - - - - - - - - - - - - 8,500,942 3,493,424 1,065,783 6,587,813 9,506,935 1,345,373 2,363,818 3,878,759 - 2,597,943 - - - - - - 8,500,942 6,091,367 1,065,783 6,587,813 9,506,935 1,345,373 2,363,818 3,878,759 8,613,747$ 6,731,771$ 1,065,783$ 6,708,680$ 9,510,240$ 1,365,285$ 6,437,463$ 3,878,759$ (Continued)
SPECIAL REVENUE FUNDS
EXHIBIT A
303
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 138
DEBT SERVICE FUND
Other
Local, State Traffic
and Federal Impact El Charro Developer
Grants 2020 COP Fee Specific Plan Deposits
Cash and investments in City Treasury 4,252,308$ -$ 23,645,831$ 35,134$ 2,953,319$ Cash and investments with Trustees - - - - - Accounts receivables (net of applicable allowable
for uncollectibles) 1,203,411 - - - - Notes receivable 2,362,457 - - - - Total Assets 7,818,176$ -$ 23,645,831$ 35,134$ 2,953,319$ Accounts payable and other accruals 663,945$ -$ 225,932$ 1,285$ 25,020$ Accrued payroll 3,060 - - - - Deposits payable 803,211 - - - 1,250,689 Advances from other funds - - - - - Unearned rents and revenue 55,014 - - - 1,677,610 Total Liabilities 1,525,230 - 225,932 1,285 2,953,319
DEFERRED INFLOWS OF RESOURCES
Unavailable revenue 2,538,697 - - - - Total deferred inflows of resources 2,538,697 - - - -
FUND BALANCE
Nonspendable - - - - - Restricted 3,754,249 - 23,419,899 33,849 - Committed - - - - -
3,754,249 - 23,419,899 33, 849 - Total Liabilities, deferred inflows of resources,
and fund balances (deficits) 7,818,176$ -$ 23,645,831$ 35,134$ 2,953,319$
CAPITAL PROJECTS FUNDS
NON-MAJOR GOVERNMENTAL FUNDS
COMBINING BALANCE SHEET
JUNE 30, 2021
LIABILITIES
SPECIAL REVENUE FUND
ASSETS
EXHIBIT A
304
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 139
PERMANENT FUND
Total
Other Nonmajor
Capital Street Doolan Canyon Governmental
P
rojects Fund Endowment Fund Funds
14,557,752$ 69,116$ 1,580$ 105,480,765$ - - 692,717 692,717 - 28 - 2,817,526 - - - 8,967,047 14,557,752$ 69,144$ 694,297$ 117,958,055$ -$ -$ 1,580$ 1,746,151$ - - - 69,732 - - - 2,101,070 - - - 3,874,396 - - - 2,252,513 - - 1,580 10,043,862 - - - 8,499,849 - - - 8, 499,849 - - 506,524 506, 524 14,557,752 69,144 186,193 96,309,877 - - - 2,597,943 14,557,752 69,144 692,717 99,414,344 14,557,752$ 69,144$ 694,297$ 117,958,055$
CAPITAL PROJECTS FUNDS
EXHIBIT A
305
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 140
Housing Housing & Solid
Successor Community Waste Maintenance City Street
Agency Assistance Horizons Management District Sweeping
REVENUES
Taxes and special assessments -$ -$ -$ -$ 3,802,774$ -$ Intergovernmental - 681,763 52,852 273,589 - - Contributions from outside sources - 16,000 33,375 - - - Charges for services - - 481,938 236,486 - 662,304 Use of money and property 73,607 25,921 - 912 - - Miscellaneous 323,193 138,493 2,125 - - - Total Revenues 396,800 862,177 570,290 510,987 3,802,774 662,304
EXPENDITURES
Current:
General Government
City Manager - - - - - - Fire - - - - - - Police - 179,480 1,120,830 - - - Public Works - - - 532,215 3,478,456 691,759 Community Development 1,010 471,987 - - - - Economic Development - - - - - - Library - - - - - - Capital Outlay:
Capital projects - 54,472 - - - - Debt service:
Principal retirement - - - - - - Interest and fiscal charges - - - - - - Total Expenditures 1,010 705,939 1,120,830 532,215 3,478,456 691,759
EX CESS (DEFICIENCW) OF REVENUES
OVER EX PENDITURES 395,790 156,238 (550,540) (21,228) 324,318 (29,455)
OTHER FINANCING SOURCES (USES)
Transfers in - - 638,749 - 118,985 - Transfers (out) - - - - (246,707) - Total Other Financing Sources (Uses) - - 638,749 - (127,722) - Change in fund balances
before extraordinary items 395,790 156,238 88,209 (21,228) 196,596 (29,455) Net change in fund balances 395,790 156,238 88,209 (21,228) 196,596 (29,455) Fund balances (deficits)- beginning 2,964,562 1,236,126 3,355 492,298 8,699,396 131,288 Beginning fund balance adjustment - - - - 3,232,769 - Fund balances (deficits)- beginning (as restated) 2,964,562 1,236,126 3,355 492,298 11,932,165 131,288 Fund balances (deficits)- ending 3,360,352$ 1,392,364$ 91,564$ 471,070$ 12,128,761$ 101,833$
SPECIAL REVENUE FUNDS
NON-MAJOR GOVERNMENTAL FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES FOR THE YEAR ENDED JUNE 30, 2021
EXHIBIT A
306
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 141
Other Alameda County Host Other
Park Special Revenue Transportation Community Impact TVTC Fee Funds PEG Funds Gas Tax Impact Fee Fee 20% Fee
-$ -$ -$ -$ -$ -$ -$ -$ - - - 3,363,020 3,677,267 - - - - 9,044 - - - 508,073 - - 1,051,719 96,976 - - - - 1,439,672 148,945 22,423 9,963 - 19,476 207,617 5,401 - 14,026 - 100 247,107 - - - - - 1,074,142 116,083 247,107 3,382,496 3,884,884 513,474 1,439,672 162,971 - - 44,739 - - - - - - - - - - - - - - - - - - - - - - - - 436,531 - 40,603 - - 151,503 322,171 - 261,400 719,277 - 842,360 14,534 - 34,552 - - - - - - - - - - - - - - 1,195,420 171,380 - 1,984,255 135,521 - - - - - - - - - - - - - - - - - - - 1,346,923 528,103 44,739 2,682,186 854,798 40,603 842,360 14,534 (272,781) (412,020) 202,368 700,310 3,030,086 472,871 597,312 148,437 - - - - - - - - - (31,219) - - - (228,171) - - - (31,219) - - - (228,171) - - (272,781) (443,239) 202,368 700,310 3,030,086 244,700 597,312 148,437 (272,781) (443,239) 202,368 700,310 3,030,086 244,700 597,312 148,437 8,773,723 6,534,606 863,415 5,887,503 6,476,849 1,100,673 1,766,506 3,730,322 - - - - - - - - 8,773,723 6,534,606 863,415 5,887,503 6,476,849 1,100,673 1,766,506 3,730,322 8,500,942$ 6,091,367$ 1,065,783$ 6,587,813$ 9,506,935$ 1,345,373$ 2,363,818$ 3,878,759$ (Continued)
SPECIAL REVENUE FUNDS
EXHIBIT A
307
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 142
SPECIAL REVENUE FUND
Other
Local, State Traffic
and Federal Impact El Charro Developer
Grants 2020 COP Fee Specific Plan Deposits
REVENUES
Taxes and special assessments -$ -$ -$ -$ -$ Intergovernmental 4,468,432 - - - - Contributions from outside sources 346,354 - - - 200,000 Charges for services 28,305 - 521,291 20,101 - Use of money and property 128,562 - 85,646 - - Miscellaneous 423,790 - - - - Total Revenues 5,395,443 - 606,937 20,101 200,000
EXPENDITURES
Current:
General Government:
City Manager - - - - - Fire 7,653 - - - - Police 148,462 - - - - Public works 28,296 - - - - Community Development 914,701 - 456,446 - - Economic Development - - - - - Library 108,459 - - - - Capital Outlay:
Capital projects 2,606,339 - 348,782 453,578 200,000 Debt service:
Principal retirement 122,607 - - - - Interest and fiscal charges 51,735 1,323,859 - - - Total Expenditures 3,988,252 1,323,859 805,228 453,578 200,000
EX CESS (DEFICIENCW) OF REVENUES
OVER EX PENDITURES 1,407,191 (1,323,859) (198,291) (433,477) -
OTHER FINANCING SOURCES (USES)
Transfers in 587,797 1,304,855 - - - Transfers (out) (10,655) - - - - Total Other Financing Sources (Uses) 577,142 1,304,855 - - - Change in fund balances
before extraordinary items 1,984,333 (19,004) (198,291) (433,477) - Net change in fund balances 1,984,333 (19,004) (198,291) (433,477) - Fund balances (deficits)- beginning 1,769,916 19,004 23,618,190 467,326 - Beginning fund balance adjustment - - - - - 1,769,916 19,004 23,618,190 467,326 - Fund balances (deficits)- ending 3,754,249$ -$ 23,419,899$ 33,849$ -$
DEBT SERVICE FUNDS
NON-MAJOR GOVERNMENTAL FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
CAPITAL PROJECTS FUNDS
FOR THE YEAR ENDED JUNE 30, 2021
EXHIBIT A
308
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 143
PERMANENT FUND
Total
Other Nonmajor
Capital Street Doolan Canyon Governmental
Projects Fund Endowment Funds
-$ -$ -$ 3,802,774$ - - - 12,516,923 - - - 1,112,846 - - - 4,687,737 - 183 161,472 755,209 - - - 1,134,808 - 183 161,472 24,010,297 - - - 44,739 - - - 7,653 - - - 1,448,772 - - - 5,207,860 543 - 26,320 4,182,252 - - - 34,552 - - - 108,459 3,354 - - 7,153,101 - - - 122,607 - - - 1,375,594 3,897 - 26,320 19,685,589 (3,897) 183 135,152 4,324,708 - - 24,725 2,675,111 - - - (516,752) - - 24,725 2,158,359 (3,897) 183 159,877 6,483,067 (3,897) 183 159,877 6,483,067 14,561,649 68,961 532,840 89,698,508 - - - 3,232,769 14,561,649 68,961 532,840 92,931,277 14,557,752$ 69,144$ 692,717$ 99,414,344$
CAPITAL PROJECTS FUNDS
EXHIBIT A
309
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 144
HOUSING SUCCESSOR HOUSING & COMMUNITY ASSISTANCE
Variance Variance
Positive Positive
Budget Actual (Negative) Budget Actual (Negative)
REVENUES
Taxes and special assessments -$ -$ -$ -$ -$ -$ Intergovernmental - - - 745,356 681,763 (63,593) Contributions from outside sources - - - 16,000 16,000 - Charges for services - - - - - - Use of money and property 44,629 73,607 28,978 5,100 25,921 20,821 Miscellaneous 105,000 323,193 218,193 11,000 138,493 127,493 Total Revenues 149,629 396,800 247,171 777,456 862,177 84,721
EXPENDITURES
Current:
General Government:
City Manager - - - - - - Fire - - - - - - Police - - - 181,182 179,480 1,702 Public works - - - - - - Community Development 636 1,010 (374) 696,526 471,987 224,539 Economic Development - - - - - - Library - - - - - - Capital Outlay: -
Capital projects - - - 91,000 54,472 36,528 Debt service: -
Principal - - - - - - Interest and fiscal charges - - - - - - Total Expenditures 636 1,010 (374) 968,708 705,939 262,769
EX CESS (DEFICIENCY) OF REVENUE
OVER EX PENDITURES 148,993 395,790 246,797 (191,252) 156,238 347,490
OTHER FINANCING SOURCES (USES)
Transfers in - - - - - - Transfers out - - - - - - Total Other Financing Sources (Uses) - - - - - - Net change in fund balance 148,993$ 395,790 246,797$ (191,252)$ 156,238 347,490$ Fund balances (deficits)- beginning, as restated 2,964,562 1,236,126 Fund balances (deficits)- ending 3,360,352$ 1,392,364$
BUDGETED NON-MAJOR FUNDS
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL
FOR THE FISCAL YEAR ENDED JUNE 30, 2021
EXHIBIT A
310
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 145
HORIZONS SOLID WASTE MANAGEMENT MAINTENANCE DISTRICT
Variance V ariance Variance
Positive Positive Positive
Budget Actual (Negative) Budget Actual (Negative) Budget Actual (Negative) -$ -$ -$ -$ -$ -$ 4,237,965$ 3,802,774$ (435,191)$ 550,000 52,852 (497,148) 280,000 273,589 (6,411) - - - 19,500 33,375 13,875 - - - - - - 10,000 481,938 471,938 236,486 236,486 - - - - - - - 999 912 (87) 33,299 - (33,299) 3,000 2,125 (875) - - - - - - 582,500 570,290 (12,210) 517,485 510,987 (6,498) 4,271,264 3,802,774 (468,490) - - - - - - - - - - - - - - - - - - 1,158,156 1,120,830 37,326 - - - - - - - - - 554,603 532,215 22,388 3,518,704 3,478,456 40,248 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1,158,156 1,120,830 37,326 554,603 532,215 22,388 3,518,704 3,478,456 40,248 (575,656) (550,540) 25,116 (37,118) (21,228) 15,890 752,560 324,318 (428,242) 572,301 638,749 66,448 - - - 120,000 118,985 (1,015) - - - - - - (228,000) (246,707) (18,707) 572,301 638,749 66,448 - - - (108,000) (127,722) (19,722) (3,355)$ 88,209 91,564$ (37,118)$ (21,228) 15,890$ 644,560$ 196,596 (447,964)$ 3,355 492,298 11,932,165
91,564$ 471,070$ 12,128,761$
(Continued)
EXHIBIT A
311
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 146
CITY STREET SWEEPING PARK FEE
V
ariance Variance
Positive Positive
Budget Actual (Negative) Budget Actual (Negative)
REVENUES
Taxes and special assessments -$ -$ -$ -$ -$ -$ Intergovernmental - - - - - - Contributions from outside sources - - - - - - Charges for services 661,620 662,304 684 1,076,000 1,051,719 (24,281) Use of money and property - - - 32,571 22,423 (10,148) Miscellaneous - - - - - - Total Revenues 661,620 662,304 684 1,108,571 1,074,142 (34,429)
EXPENDITURES
Current:
General Government:
City Manager - - - - - - Fire - - - - - - Police - - - - - - Public works 688,054 691,759 (3,705) - - - Community Development - - - 900,000 151,503 748,497 Economic Development - - - - - - Library - - - - - - Capital Outlay:
Capital projects - - - 1,265,000 1,195,420 69,580 Debt service:
Principal - - - - - - Interest and fiscal charges - - - - - - Total Expenditures 688,054 691,759 (3,705) 2,165,000 1,346,923 818,077
EX CESS (DEFICIENCY) OF REVENUE
OVER EX PENDITURES (26,434) (29,455) (3,021) (1,056,429) (272,781) 783,648
OTHER FINANCING SOURCES (USES)
Transfers in - - - - - - T
ransfers out - - - - - - Total Other Financing Sources (Uses) - - - - - - Net change in fund balance (26,434)$ (29,455) (3,021)$ (1,056,429)$ (272,781) 783,648$ Fund balances (deficits)- beginning 131,288 8,773,723 Fund balances (deficits)- ending 101,833$ 8,500,942$
BUDGETED NON-MAJOR FUNDS
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL
FOR THE FISCAL YEAR ENDED JUNE 30, 2021
EXHIBIT A
312
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 147
OTHER SPECIAL REVENUE FUNDS
ALAMEDA COUNTY
TRANSPORTATION FUNDS
Variance Variance Variance
Positive Positive Positive
Budget Actual (Negative) Budget Actual (Negative) Budget Actual (Negative) -$ -$ -$ -$ -$ -$ -$ -$ -$ - - - - - - 2,800,000 3,363,020 563,020 9,044 9,044 - - - - - - - 84,500 96,976 12,476 - - - - - - 10,350 9,963 (387) - - - 23,198 19,476 (3,722) - 100 100 222,000 247,107 25,107 - - - 103,894 116,083 12,189 222,000 247,107 25,107 2,823,198 3,382,496 559,298 - - - 45,787 44,739 1,048 - - - - - - - - - - - - - - - - - - - - - - - - - - - 445,255 436,531 8,724 293,000 322,171 (29,171) - - - 159,740 261,400 (101,660) 108,231 34,552 73,679 - - - - - - - - - - - - - - - 176,666 171,380 5,286 - - - 2,318,773 1,984,255 334,518 - - - - - - - - - - - - - - - - - - 577,897 528,103 49,794 45,787 44,739 1,048 2,923,768 2,682,186 241,582 (474,003) (412,020) 61,983 176,213 202,368 26,155 (100,570) 700,310 800,880 - - - - - - - - - (4,500) (31,219) (26,719) - - - - - - (4,500) (31,219) (26,719) - - - - - - (478,503)$ (443,239) 35,264$ 176,213$ 202,368 26,155$ (100,570)$ 700,310 800,880$ 6,534,606 863,415 5,887,503
6,091,367$ 1,065,783$ 6,587,813$
Continued
PEG
EXHIBIT A
313
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 148
GAS TAX HOST COMMUNITY IMPACT FEE
Variance V ariance
Positive Positive
Budget Actual (Negative) Budget Actual (Negative)
REVENUES
Taxes and special assessments -$ -$ -$ -$ -$ -$ Intergovernmental 3,684,500 3,677,267 (7,233) - - - Contributions from outside sources - - - 506,000 508,073 2,073 Charges for services - - - - - - Use of money and property 14,989 207,617 192,628 - 5,401 5,401 Miscellaneous - - - - - - Total Revenues 3,699,489 3,884,884 185,395 506,000 513,474 7,474
EXPENDITURES
Current:
General Government:
City Manager - - - - - - Fire - - - - - - Police - - - - - - Public works - - - 10,175 40,603 (30,428) Community Development 700,000 719,277 (19,277) - - - Economic Development - - - - - - Library - - - - - - Capital Outlay:
Capital projects 263,000 135,521 127,479 - - - Debt service:
Principal - - - - - - Interest and fiscal charges - - - - - - Total Expenditures 963,000 854,798 108,202 10,175 40,603 (30,428)
EX CESS (DEFICIENCY) OF REVENUE
OVER EX PENDITURES 2,736,489 3,030,086 293,597 495,825 472,871 (22,954)
OTHER FINANCING SOURCES (USES)
Transfers in - - - - - - T
ransfers out (990,467) - 990,467 (358,299) (228,171) 130,128 Total Other Financing Sources (Uses) (990,467) - 990,467 (358,299) (228,171) 130,128 Net change in fund balance 1,746,022$ 3,030,086 1,284,064$ 137,526$ 244,700 107,174$ Fund balances (deficits)- beginning 6,476,849 1,100,673 Fund balances (deficits)- ending 9,506,935$ 1,345,373$
BUDGETED NON-MAJOR FUNDS
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL
FOR THE FISCAL YEAR ENDED JUNE 30, 2021
EXHIBIT A
314
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 149
OTHER IMPACT FEE TVTC 20% FEE
Variance Variance Variance
P
ositive Positive Positive
Budget Actual (Negative) Budget Actual (Negative) Budget Actual (Negative) -$ -$ -$ -$ -$ -$ -$ -$ -$ - - - - - - 4,993,838 4,468,432 (525,406) - - - - - - 337,000 346,354 9,354 1,451,535 1,439,672 (11,863) 964,000 148,945 (815,055) 35,000 28,305 (6,695) - - - 15,162 14,026 (1,136) 75,802 128,562 52,760 - - - - - - 208,122 423,790 215,668 1,451,535 1,439,672 (11,863) 979,162 162,971 (816,191) 5,649,762 5,395,443 (254,319) - - - - - - - - - - - - - - - 24,200 7,653 16,547 - - - - - - 392,720 148,462 244,258 - - - - - - 22,000 28,296 (6,296) 1,293,000 842,360 450,640 - 14,534 (14,534) 1,546,886 914,701 632,185 - - - - - - - - - - - - - - - 162,160 108,459 53,701 -
- - - - - - 2,746,745 2,606,339 140,406 -
- - - - - - 122,607 122,607 - - - - - - - 50,262 51,735 (1,473) 1,293,000 842,360 450,640 - 14,534 (14,534) 5,067,580 3,988,252 1,079,328 158,535 597,312 438,777 979,162 148,437 (830,725) 582,182 1,407,191 825,009 - - - - - - 786,787 587,797 (198,990) (219,198) - 219,198 - - - (25,000) (10,655) 14,345 (219,198) - 219,198 - - - 761,787 577,142 (184,645) (60,663)$ 597,312 657,975$ 979,162$ 148,437 (830,725)$ 1,343,969$ 1,984,333 640,364$ 1,766,506 3,730,322 1,769,916
2,363,818$ 3,878,759$ 3,754,249$
OTHER LOCAL, STATE, AND FEDERAL GRANTS
EXHIBIT A
315
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 150
2020 COP DEBT SERVICE TRAFFIC IMPACT FEE
Variance V ariance
Positive Positive
Budget Actual (Negative) Budget Actual (Negative)
REVENUES
Taxes and special assessments -$ -$ -$ -$ -$ -$ Intergovernmental - - - - - - Contributions from outside sources - - - - - - Charges for services - - - 908,000 521,291 (386,709) Use of money and property - - - 95,249 85,646 (9,603) Miscellaneous - - - - - - Total Revenues - - - 1,003,249 606,937 (396,312)
EXPENDITURES
Current:
General Government:
City Manager - - - - - - Fire - - - - - - Police - - - - - - Public works - - - - - - Community Development - - - 25,000 456,446 (431,446) Economic Development - - - - - - Library - - - - - - Capital Outlay:
Capital projects - - - 1,091,962 348,782 743,180 Debt service:
Principal - - - - - - Interest and fiscal charges 2,079,299 1,323,859 755,440 - - - Total Expenditures 2,079,299 1,323,859 755,440 1,116,962 805,228 311,734
EX CESS (DEFICIENCY) OF REVENUE
OVER EX PENDITURES (2,079,299) (1,323,859) 755,440 (113,713) (198,291) (84,578)
OTHER FINANCING SOURCES (USES)
Transfers in 2,063,827 1,304,855 - - - - T
ransfers out - - - (60,913) - 60,913 Total Other Financing Sources (Uses) 2,063,827 1,304,855 - (60,913) - 60,913 Net change in fund balance (15,472)$ (19,004) 755,440$ (174,626)$ (198,291) (23,665)$ Fund balances (deficits)- beginning 19,004 23,618,190 Fund balances (deficits)- ending -$ 23,419,899$ FOR THE FISCAL YEAR ENDED JUNE 30, 2021
BUDGETED NON-MAJOR FUNDS
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL
EXHIBIT A
316
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 151
EL CHARRO SPECIFIC PLAN
Variance Variance Variance
Positive P ositive Positive
Budget Actual (Negative) Budget Actual (Negative) Budget Actual (Negative) -$ -$ -$ -$ -$ -$ -$ -$ -$ - - - - - - - - - - - - 200,000 200,000 - - - - 24,780 20,101 (4,679) - - - - - - - - - 6,176 - (6,176) - - - - - - - - - - - - 24,780 20,101 (4,679) 206,176 200,000 (6,176) - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 543 543 - - - - - - - - - - - - - - - - - - - 492,106 453,578 38,528 200,000 200,000 - 3,354 3,354 - - - - - - - - - - - - - - - - - - - 492,106 453,578 38,528 200,000 200,000 - 3,897 3,897 - (467,326) (433,477) 33,849 6,176 - (6,176) (3,897) (3,897) - 467,326 - (467,326) - - - - - - (467,326) - 467,326 - - - - - - - - - - - - - - - (467,326)$ (433,477) 33,849$ 6,176$ - (6,176)$ (3,897)$ (3,897) -$ 467,326 - 14,561,649
33,849$ -$ 14,557,752$
DEVELOPER DEPOSITS OTHER CAPITAL PROJECTS
EXHIBIT A
317
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 152
Variance Variance
Positive Positive
Budget Actual (Negative) Budget Actual (Negative)
REVENUES
Taxes and special assessments -$ -$ -$ -$ -$ -$ Intergovernmental - - - - - - Contributions from outside sources - - - - - - Charges for services - - - - - - Use of money and property 200 183 (17) 66,244 161,472 95,228 Miscellaneous - - - - - - Total Revenues 200 183 (17) 66,244 161,472 95,228
EXPENDITURES
Current:
General Government:
City Manager - - - - - - Fire - - - - - - Police - - - - - - Public works - - - - - - Community Development - - - 32,000 26,320 5,680 Economic Development - - - - - - Library - - - - - - Capital Outlay:
Capital projects - - - - - - Debt service:
Principal - - - - - - Interest and fiscal charges - - - - - - Total Expenditures - - - 32,000 26,320 5,680
EX CESS (DEFICIENCY) OF REVENUE
OVER EX PENDITURES 200 183 (17) 34,244 135,152 100,908
OTHER FINANCING SOURCES (USES)
Transfers in - - - - 24,725 24,725 Transfers out - - - - - - Total Other Financing Sources (Uses) - - - - 24,725 24,725 Net change in fund balance 200$ 183 (17)$ 34,244$ 159,877 125,633$ Fund balances (deficits)- beginning 68,961 532,840 Fund balances (deficits)- ending 69,144$ 692,717$
DOOLAN CANYON ENDWOMENT FUND
BUDGETED NON-MAJOR FUNDS
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL
FOR THE FISCAL YEAR ENDED JUNE 30, 2021
STREET FUND
EXHIBIT A
318
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 153
INTERNAL SERVICE FUNDS
Internal service funds are used to account for the financing of services and supplies provided by one city department to another on a cost reimbursement basis.
The concept of major funds introduced by GASB 34 does not extend to internal service funds because they do not do business with outside parties. GASB 34 requires that for the Statement of Activities, the net revenues or expenses of each internal service fund be eliminated by netting against the operations of the other city departments which generated them. The remaining balance sheet items are consolidated with these same funds in the Statement of Net Position.
However, internal service funds are still presented separately in the Fund financial statements, including the funds below:
LIABILITY INSURANCE RESERVE
Established to account for the City’s public liability self-insured program.
WORKERS COMPENSATION
Established to account for the City’s self-insured workers compensation program.
FLEET AND EQUIPMENT SERVICES
Established to account for the maintenance and acquisition of the City’s fleet and small equipment.
INFORMATION TECHNOLOGY
Established to account for the maintenance and acquisition of the City’s software and hardware.
FACILITIES REHABILITATION PROJECTS
Established to account for the repair and maintenance of city facilities.
EXHIBIT A
319
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 154
Liability Fleet and
Insurance Workers Equipment
Reserve Compensation Services
ASSETS
Current Assets:
Cash and investments in City Treasury 4,443,759$ 6,788,663$ 5,252,901$ Accounts receivable (net of applicable allowance for uncollectibles) - 2,293 73,019 Inventory - - 315,693 Prepaids, deposits and supplies - - - Total current assets 4,443,759 6,790,956 5,641,613 Noncurrent Assets:
Land and construction in progress - - 172,378 Depreciable capital assets (net of depreciation) - - 6,764,312 Total noncurrent assets - - 6,936,690 Total Assets 4,443,759 6,790,956 12,578,303
DEFERRED OUTFLOWS OF RESOURCES
Related to pension 107,495 94,198 362,322 Related to OPEB 3,964 1,200 14,053 Total deferred outflows of resources 111,459 95,398 376,375
LIABILITIES
Current Liabilities:
Accounts payable and other accruals 102,405 4,081 83,486 Accrued payroll 9,755 8,644 33,884 Claims payable 420,000 890,000 - Deposits payable - - - Long-term debt:
Due within one year - - - Total current liabilities 532,160 902,725 117,370 Noncurrent Liabilities:
Claims payable 1,709,980 3,655,511 - Net Pension liability 613,839 547,733 2,124,826 Net OPEB liabilities 192,427 58,253 682,275 Long-term debt:
Due in more than one year - - - Total noncurrent liabilities 2,516,246 4,261,497 2,807,101 Total liabilities 3,048,406 5,164,222 2,924,471
DEFERRED INFLOWS OF RESOURCES
Related to OPEB 48,463 14,671 171,832 Total deferred inflows of resources 48,463 14,671 171,832
NET POSITION
Net Investment in Capital Assets - - 6,936,690 Unrestricted 1,458,349 1,707,461 2,921,685 Total Net Position 1,458,349$ 1,707,461$ 9,858,375$ JUNE 30, 2021
INTERNAL SERVICE FUNDS
COMBINING STATEMENT OF NET POSITION
EXHIBIT A
320
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 155
Facilities
Information Rehabilitation
Technology Projects Total
5,849,530$ 8,768,984$ 31,103,837$ - 188,725 264,037 - - 315,693 130,289 - 130,289 5,979,819 8,957,709 31,813,856 - 720,110 892,488 336,779 9,299,641 16,400,732 336,779 10,019,751 17,293,220 6,316,598 18,977,460 49,107,076 538,559 152,958 1,255,532 14,199 3,389 36,805 552,758 156,347 1,292,337 24,004 364,361 578,337 47,404 14,495 114,182 - - 1,310,000 - 3,305 3,305 - 735,353 735,353 71,408 1,117,514 2,741,177 - - 5,365,491 3,106,968 868,818 7,262,184 689,349 164,537 1,786,841 - 6,148,493 6,148,493 3,796,317 7,181,848 20,563,009 3,867,725 8,299,362 23,304,186 173,613 41,439 450,018 173,613 41,439 450,018 336,779 3,135,905 10,409,374 2,491,239 7,657,101 16,235,835 2,828,018$ 10,793,006$ 26,645,209$
EXHIBIT A
321
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 156
Liability Fleet and
Insurance Workers Equipment
Reserve Compensation Services
OPERATING REVENUES
Charges for services 3,150,000$ 806,008$ 4,078,220$ Miscellaneous - 5,680 327,171 Total Operating Revenues 3,150,000 811,688 4,405,391
OPERATING EX PENSES
Salaries and benefits 434,133 365,751 1,541,484 Contracted services 718,156 134,114 48,507 Insurance premiums and claim expenses 766,239 661,159 65,992 Materials, supplies and others 29,790 1,235,704 620,542 Utilities 1,959 1,084 1,160 Depreciation - - 1,644,078 Repairs and maintenance 3,230 1,320 582,014 Total Operating Expenses 1,953,507 2,399,132 4,503,777 Operating Income (Loss) 1,196,493 (1,587,444) (98,386)
NONOPERATING REVENUE (EX PENSES)
Interest and fiscal charges (expense) - - - Other Nonoperating Income (expenses) - - 18,315 Net Nonoperating Revenues (Expenses) - - 18,315 Income (Loss) Before Transfers 1,196,493 (1,587,444) (80,071) Change in Net Position 1,196,493 (1,587,444) (80,071) Net position-beginning (Deficit) 261,856 3,294,905 9,938,446 Net position-ending 1,458,349$ 1,707,461$ 9,858,375$ FOR THE YEAR ENDED JUNE 30, 2021
INTERNAL SERVICE FUNDS
COMBINING STATEMENTS OF REVENUES, EXPENSES AND CHANGES IN NET POSITION
EXHIBIT A
322
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 157
Facilities
Information Rehabilitation
T
echnology Projects Total
3,720,000$ 2,174,584$ 13,928,812$ - 109,219 442,070 3,720,000 2,283,803 14,370,882 2,071,930 387,973 4,801,271 1,103,107 11,288 2,015,172 67,049 39,990 1,600,429 163,013 41,437 2,090,486 99,538 434,999 538,740 268,260 430,956 2,343,294 461,261 759,930 1,807,755 4,234,158 2,106,573 15,197,147 (514,158) 177,230 (826,265) - (187,955) (187,955) - 66,105 84,420 - (121,850) (103,535) (514,158) 55,380 (929,800) (514,158) 55,380 (929,800) 3,342,176 10,737,626 27,575,009 2,828,018$ 10,793,006$ 26,645,209$
EXHIBIT A
323
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 158
Liability Fleet and
Insurance Workers Equipment
Reserve Compensation Services
CASH FLOWS FROM OPERATING ACTIVITIES
Receipts from customers 3,150,000$ 810,022$ 4,404,811$ Payments to suppliers (1,761,713) (2,034,654) (1,429,301) Payments to or on behalf of employees (375,206) (313,359) (1,357,532) Claims paid (553,554) (669,683) - Net cash provided (used) by operating activities 459,527 (2,207,674) 1,617,978
CASH FLOWS FROM CAPITAL AND RELATED
FINANCING ACTIVITIES
Capital asset additions, net - - (1,056,067) Long term Debt
Repayments - - - Interest paid - - - Cash Flows (used for) Capital and Related
Financing Activities - - (1,056,067)
CASH FLOWS FROM INVESTING ACTIVITIES
Investment income (loss) - - 18,315 Cash Flow from (used by) Investing Activities - - 18,315 Net Cash Flows 459,527 (2,207,674) 580,226 Cash and investments at beginning of period 3,984,232 8,996,337 4,672,675 Cash and Investment at end of period 4,443,759$ 6,788,663$ 5,252,901$ Reconciliation of operating income (loss) to net cash
provided by operating activities:
Operating income 1,196,493$ (1,587,444)$ (98,386)$ Adjustments to reconcile operating income (loss) to net cash provided by operating activities:
Depreciation - - 1,644,078 Change in assets and liabilities:
Accounts receivable - (1,666) (580) Prepaids, deposits and supplies - - (36,699) Deferred outflows (16,424) (18,112) (32,317) Net pension liability 103,751 89,519 248,741 Net OPEB liabilities (54,043) (17,487) (125,595) Accounts payable and accrued liabilities (242,339) (1,273) (67,290) Accrued payroll 2,468 2,266 - Claims payable (553,554) (669,683) - Deferred inflows 23,175 (3,794) 86,026 Net cash provided (used) by operating activities 459,527$ (2,207,674)$ 1,617,978$
INTERNAL SERVICE FUNDS
COMBINING STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED JUNE 30, 2021
EXHIBIT A
324
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 159
Facilities
Information Rehabilitation
Technology Projects Total
3,720,000$ 2,124,173$ 14,209,006$ (2,019,324) (1,010,736) (8,255,728) (1,842,379) (524,891) (4,413,367) - - (1,223,237) (141,703) 588,546 316,674 (82,695) (276,450) (1,415,212) - (679,300) (679,300) - (187,955) (187,955) (82,695) (1,143,705) (2,282,467) - 66,105 84,420 - 66,105 84,420 (224,398) (489,054) (1,881,373) 6,073,928 9,258,038 32,985,210 5,849,530$ 8,768,984$ 31,103,837$ (514,158)$ 177,230$ (826,265)$ 268,260 430,956 2,343,294 - (63,034) (65,280) (74,019) (96,596) (207,314) (83,440) (4,192) (154,485) 487,365 30,199 959,575 (238,747) (167,025) (602,897) (41,544) 276,380 (76,066) - - 4,734 - - (1,223,237) 54,580 4,628 164,615 (141,703)$ 588,546$ 316,674$
EXHIBIT A
325
EXHIBIT A
326
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 161
CUSTODIAL FUNDS
Custodial funds are used to account for assets held by the City for other entities and individuals. Such funds are operated to carry out the specific actions of trust agreements, ordinances, and other governing regulations.
Community Facilities and Assessment Districts’ Bonds
This fund accounts for the collection of property owners' debt service obligation which is used to pay principal and interest on 1915 Act Bonds.
Other Custodial Funds
This fund accounts for assets which are held for other governmental agencies or individuals by the City in a custodial capacity.
EXHIBIT A
327
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 162
Passthrough LPFD JPA Total
ASSETS
Cash and investments in City Treasury (Note 3B) 10,162,955$ 4,268,300$ 14,431,255$ Cash and investments with Trustees (Note 3B) 2,269,253 - 2,269,253 Accounts receivable 174,778 146,157 320,935 Total Assets 12,606,986 4,414,457 17,021,443
LIABILITIES
Accrued liabilities 942,558$ 3,414,457$ 4,357,015 Deposits payable 6,359,971 - 6,359,971 Total Liabilities 7,302,529$ 3,414,457$ 10,716,986$
NET POSITION
Held in trust 5,304,457$ 1,000,000$ 6,304,457$
CUSTODIAL FUNDS
COMBINING STATEMENT OF FIDUCIARY NET POSITION
JUNE 30, 2021
EXHIBIT A
328
FINANCIAL SECTION
Supplementary Information
CITY OF LIVERMORE
Annual Comprehensive Financial Report FY 2020-21
Page | 163
Passthrough LPFD JPA Total
ADDITIONS
Charges for services 4,219,608 40, 467,485 44,687,093 -
Total Additions 4,219,608 40,467,485 44,687,093
DEDUCTIONS
Recipient Payments 3,847,070 40,217,485 44,064,555 Total Deductions 3,847,070 40,217,485 44,064,555 Net Change in Net Position 372,538 250,000 622,538
NET POSITION
Beginning of year - - - Beginning Net Position Adjustments (Note 9F) 4,931,919 750,000 5,681,919 Net Position-Beginning, as restated (Note 9F) 4,931,919 750,000 5,681,919 End of year 5,304,457$ 1,000,000$ 6,304,457$
CUSTODIAL FUNDS
COMBINING STATEMENT OF CHANGES IN FIDUCIARY NET POSITION FOR THE YEAR ENDED ON JUNE 30, 2021
EXHIBIT A
329
EXHIBIT A
330
EXHIBIT A
331
EXHIBIT A
332
STATISTICAL SECTION
Statistical Section
CITY OF LIVERMORE
Annual Co mprehensive Financial Report FY 2020-21
Page | 167
STATISTICAL SECTION
This part of the City of Livermore’s annual comprehensive financial report presents detailed information as a context for understanding what the information in the financial statements, note disclosures, and required supplementary information says about the government’s overall financial health.
Contents Page
Financial Trends
These schedules contain trend information to help the reader understand how the government’s financial performance and well-being have changed over time.
168-174
Revenue Capacity These schedules contain information to help the reader assess the government’s two most significant local revenue sources- the sales tax and property tax.
175-181
Debt Capacity These schedules present information to help the reader assess the affordability of the government’s current levels of outstanding debt and the government’s ability to issue additional debt in future.
182-184
Demographic and
Economic
Information
These schedules offer demographic and economic indicators to help the reade r understand the environment within which the government’s financial activities take place.
185-187
Operating
Information
These schedules contain service and infrastructure data to help the reader understand how the information in the government’s financial report relates to the services the government provides and the activities it performs.
188-196
Livermore Successor
Agency
These schedules contain information to help the reader assess the Livermore RDA’s revenues, debt service, and other indicators.
197-199
Sources: Unless otherwise noted, the information in these schedules is derived from the annual comprehensive financial reports for the relevant year.
EXHIBIT A
333
Annual Comprehensive Financial Report FY 20 20 -21
Page | 168
STATISTICAL SECTION
Financial Trends
CITY OF LIVERMORE
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Governmental activities
Net investment in capital assets 259,362,430$ 278,093,595$ 278,670,042$ 282,932,408$ 286,589,221$ 288,382,796$ 290,283,699$ 308,461,598$ 316,407,161$ 316,616,522$ Restricted 16,216,462 22,454,139 34,034,587 61,824,573 78,250,270 76,320,882 92,305,699 81,561,447 88,497,962 145,907,840 Unrestricted 62,557,722 42,670,999 33,575,365 (59,176,525) (36,129,816) (20,113,778) (31,158,732) (28,940,594) (35,517,921) (79,949,428) Total governmental activities net position 338,136,614$ 343,218,733$ 346,279,994$ 285,580,456$ 328,709,675$ 344,589,900$ 351,430,666$ 361,082,451$ 369,387,202$ 382,574,934$ Business-type activities
Net investment in capital assets 144,761,509$ 144,486,932$ 140,571,723$ 141,163,645$ 137,068,262$ 139,333,158$ 141,811,387$ 132,533,193$ 144,490,755$ 144,545,798$ Unrestricted 92,361,887 93,219,127 97,792,547 91,680,464 96,819,619 94,747,853 102,114,754 113,918,054 112,447,010 113,873,028 Total business-type activities net position 237,123,396$ 237,706,059$ 238,364,270$ 232,844,109$ 233,887,881$ 234,081,011$ 243,926,141$ 246,451,247$ 256,937,765$ 258,418,826$ Primary government
Net investment in capital assets 404,123,939$ 422,580,527$ 419,241,765$ 424,096,053$ 423,657,483$ 427,715,954$ 432,095,086$ 440,994,791$ 460,897,916$ 461,162,320$ Restricted 16,216,462 22,454,139 34,034,587 61,824,573 78,250,270 76,320,882 92,305,699 81,561,447 88,497,962 145,907,840 Unrestricted 154,919,609 135,890,126 131,367,912 32,503,939 60,689,803 74,634,075 70,956,022 84,977,460 76,929,089 33,923,600 Total primary government net position 575,260,010$ 580,924,792$ 584,644,264$ 518,424,565$ 562,597,556$ 578,670,911$ 595,356,807$ 607,533,698$ 626,324,967$ 640,993,760$ Net Position by Component
Las t Ten Fis cal Years
(accrual basis of accounting)
EXHIBIT A
334
Annual Comprehensive Financial Report FY 20 20 -21
Page | 169
STATISTICAL SECTION
Financial Trends
CITY OF LIVERMORE
2012 2013 2014 2015 2016 2017 * 2018 2019 2020 2021
Expens es
Governmental activities:
City Council 203,749$ 323,432$ 320, 564$ 319,910$ 305,501$ 320,856$ 317,658$ 311,985$ 292,220$ 294,172$ City Manager 1,481,798 1,239,792 1,725,290 1,681,436 1,649,663 1,662,729 1,933,419 2,160,058 1,857,725 2,177,473 City Attorney 1,395,340 1,450,572 1,240,671 1,267,491 1,476,535 1,596,579 1,328,032 1,648,089 1,700,994 1,885,435 City Clerk 984,762 552,708 649,652 753,436 674,295 - - - - - Administrative Services 12,744,494 3,205,106 3,692,795 3,612,507 3,602,398 4,941,962 4,982,681 5,616,900 5,587,975 6,518,045 General Services - 9,897,780 4,960,595 4,245,719 3,724,700 2,991,868 7,167,712 8,882,653 14,093,688 4,675,753 Fire 15,840,299 15,044,679 15,368,561 16,665,396 17,222,099 23,553,737 25,472,063 20,854,960 21,975,048 24,427,677 Police 27,883,362 31,441,958 31,092,970 30,516,594 29,624,394 32,703,145 36,741,948 37,862,170 37,301,780 40,395,532 Public Works 14,963,662 14,161,650 14,383,488 14,363,304 14,985,937 18,116,391 19,060,229 19,290,328 19,665,609 21,662,957 Community Development 24,172,190 26,867,068 23,528,766 15,711,525 27,302,011 22,044,584 20,012,366 36,444,392 32,628,435 24,802,552 Economic Development - - - - - 2,353,896 2,165,309 2,820,265 2,805,692 4,418,752 Library 5,784,086 4,906,056 5,052,341 4,863,723 4,886,840 5,858,998 6,214,109 6,341,564 6,349,762 6,303,545 Redevelopment 1,422,996 - - - - - - - - I
nterest on long term debt 2,463,121 2,886,993 1,142,866 1,288,881 1,033,661 1,266,179 1,270,061 1,397,328 1,682,372 1,219,276 Total governmental activities expenses 109,339,859 111,977,794 103,158,559 95,289,922 106,488,034 117,410,924 126,665,587 143,630,692 145,941,300 138,781,169 Business-type activities:
Airport 5,597,645 8,098,139 6,336,579 5,637,480 3,870,139 7,017,908 3,016,304 3,504,956 4,250,953 4,022,246 Water 11,514,203 11,860,758 11,408,389 9,907,976 10,996,708 13,884,791 14,701,669 15,934,857 15,625,538 18,821,642 Sewer 22,467,214 25,582,473 21,614,437 23,005,606 25,293,809 24,879,897 21,824,590 24,081,018 24,049,671 24,026,163 Stormwater - - - - - - 4,572,368 6,215,290 5,157,718 5,341,864 Las Positas 2,517,171 2,631,759 3,492,698 3,331,686 3,204,730 2,935,020 3,025,888 1,986,853 - - Springtown 26,660 16,568 38,399 32,171 105,030 - - - - - Total business-type activities expenses 42,122,893 48,189,697 42,890,502 41,914,919 43,470,416 48,717,616 47,140,819 51,722,974 49,083,880 52,211,915 Total primary government expenses 151,462,752$ 160,167,491$ 146,049,061$ 137,204,841$ 149,958,450$ 166,128,540$ 173,806,406$ 195,353,666$ 195,025,180$ 190,993,084$ * Starting fiscal year 2017, City Clerk is presented as a part of Administrative Services (Continued) * Starting fiscal year 2018, Stormwater is presented separately from Sewer Changes in Net Position
Las t Ten Fis cal Years
(accrual basis of accounting)
EXHIBIT A
335
Annual Comprehensive Financial Report FY 20 20 -21
Page | 170
STATISTICAL SECTION
Financial Trends
CITY OF LIVERMORE
2012 2013 2014 2015 2016 2017 * 2018 2019 2020 2021
P
rogram Revenues
Governmental activities:
Charges for services:
General Government -$ 125,000$ 774,339$ 1,083,813$ 855,888$ 1,534,690$ 2,009,308 1,598,885 1,502,556 1,203,282 Fire 1,189,918 1,254,438 1,714,973 1,634,534 1,822,267 1,813,604 2,560,405 767,507 1,339,356 1,150,341 Police 1,373,008 1,239,236 1,340,240 1,600,551 1,718,669 1,596,383 1,866,310 1,936,452 1,781,262 1,664,591 Public Works 128,206 311,393 178,263 205,163 220,715 253,942 214,104 319,336 237,566 237,986 Community Development 6,346,285 8,076,312 10,414,752 14,881,608 19,070,042 13,679,642 12,374,344 8,685,435 12,068,342 9,082,146 Economic Development - - - - - - - - - - Library 139,104 150,179 147,543 121,244 113,218 109,423 106,819 102,007 29,584 935 Redevelplment - - - - - - - - - Operating grants and contributions 8,304,359 10,614,625 9,665,802 19,882,483 14,034,381 10,152,472 17,851,251 14,944,050 16,349,423 19,784,517 Capital grants and contributions 46,991,639 18,349,337 8,435,777 20,161,044 21,329,334 10,968,620 22,984,924 11,646,318 12,379,725 9,478,790 Total governmental activities program revenues 64,472,519 40,120,520 32,671,689 59,570,440 59,164,514 40,108,776 59,967,465 39,999,990 45,687,814 42,602,588 Business-type activities:
Charges for services:
Airport 6,976,531 7,609,923 6,925,128 6,166,771 4,671,643 3,989,363 3,638,327 3,949,727 3,988,814 3,807,332 Water 11,357,357 13,083,389 12,523,886 13,211,780 12,567,619 13,790,365 15,088,661 14,871,772 16,757,972 17,610,383 Sewer 18,553,327 18,474,750 18,822,193 20,401,801 22,853,237 20,438,612 21,391,758 22,944,348 24,535,578 25,604,994 Stormwater - 1,112,473 1,136,319 1,137,063 1,134,233 Las Positas 1,932,811 2,957,505 3,259,879 3,087,554 3,016,898 2,636,577 2,733,407 1,628,472 - Springtown 12,010 6,000 11,392 6,173 3,694 - - - - Operating grants and contributions - - - - - 3,079,962 199,428 643,541 - 374,526 Capital grants and contributions 1,366,499 6,663,795 2,120,480 2,691,864 50,450 4,269,465 7,025,848 7,342,209 7,381,049 2,988,779 Total business-type activities program revenues 40,198,535 48,795,362 43,662,958 45,565,943 43,163,541 48,204,344 51,189,902 52,516,388 53,800,476 51,520,247 Total primary government program revenues 104,671,054$ 88,915,882$ 76,334,647$ 105,136,383$ 102,328,055$ 88,313,120$ 111,157,367$ 92,516,378$ 99,488,290$ 94,122,835$ Net (Expens e) Revenue
Governmental activities (44,867,340)$ (71,857,274)$ (70,486,870)$ (35,719,482)$ (47,323,520)$ (77,302,148)$ (66,698,122)$ (103,630,702)$ (100,253,486)$ (96,178,581)$ Business-type activities (1,924,358) 605,665 772,456 3,651,024 (306,875) (513,272) 4,049,083 793,414 4,716,596 (691,668) Total primary government net expenses (46,791,698)$ (71,251,609)$ (69,714,414)$ (32,068,458)$ (47,630,395)$ (77,815,420)$ (62,649,039)$ (102,837,288)$ (95,536,890)$ (96,870,249)$ (Continued)
(accrual basis of accounting)
Changes in Net Position
Las t Ten Fis cal Years
EXHIBIT A
336
Annual Comprehensive Financial Report FY 20 20 -21
Page | 171
STATISTICAL SECTION
Financial Trends
CITY OF LIVERMORE
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
G
eneral Revenues and Other Changes in Net Position
Governmental activities:
Taxes:
Property taxes 25,228,218$ 24,340,228$ 24,721,318$ 26,379,108$ 28,340,602$ 30,494,247$ 32,960,384 35,577,827 37,797,380 38,874,958 Incremental property taxes - - - - - - - - - Sales taxes 20,761,599 23,711,235 25,159,952 27,278,151 29,932,022 30,684,026 32,346,374 35,556,493 32,869,001 35,441,550 Other taxes 9,811,089 11,466,048 11,859,580 13,587,065 15,204,335 15,429,188 17,211,775 16,895,027 16,253,107 16,150,202 Intergovernmental 5,633,766 5,893,271 6,055,370 6,506,780 6,964,071 7,411,648 7,897,068 8,417,344 8,962,999 9,417,844 Investment income 2,399,333 1,458,335 1,336,195 952,239 1,782,742 757,516 1,295,887 6,928,825 8,520,096 1,573,776 Miscellaneous 8,070,519 7,723,668 7,366,432 8,313,221 8,430,147 8,608,485 6,655,867 5,508,154 6,001,803 6,442,577 Change of value from investment in JPA - - - - - - - (1,354,554) (1,522,359) - Transfers (net) 230,147 175,216 328,427 (4,258,088) (201,180) (202,737) (12,507,742) 3,794,799 (323,790) (1,767,363) Assets transferred to/liabilities assumed by
Successor Agency 25,136,863 (1,704,483) - - - - - - - - Total governmental activities 97,271,534 73,063,518 76,827,274 78,758,476 90,452,739 93,182,373 85,859,613 111,323,915 108,558,237 106,133,544 Business-type activities:
Interest and other income - - 281,708 388,004 1,034,225 293,279 711,495 4,250,989 3,293,931 405,366 Transfers (net) (230,147) (175,216) (328,427) 4,258,088 201,180 202,737 12,507,742 (3,794,799) 323,790 1,767,363 Change in value of Investment in JPA 6,021,144 152,214 (232,754) 39,878 115,242 210,386 329,595 1,275,502 445,399 - Total business-type activities 5,790,997 (23,002) (561,181) 4,685,970 1,350,647 706,402 13,548,832 1,731,692 4,063,120 2,172,729 Total primary government activities 103,062,531$ 73,040,516$ 76,266,093$ 83,444,446$ 91,803,386$ 93,888,775$ 99,408,445$ 113,055,607$ 112,621,357$ 108,306,273$ Change in Net Position
Governmental activities 52,404,194$ 1,206,244$ 6,340,404$ 43,038,994$ 43,129,219$ 15,880,225$ 19,161,491$ 7,693,213$ 8,304,751$ 9,954,963$ Business-type activities 3,866,639 582,663 211,275 8,336,994 1,043,772 193,130 17,597,915 2,525,106 8,779,716 1,481,061 Total primary government 56,270,833$ 1,788,907$ 6,551,679$ 51,375,988$ 44,172,991$ 16,073,355$ 36,759,406$ 10,218,319$ 17,084,467$ 11,436,024$ Changes in Net Position
Las t Ten Fis cal Years
(accrual basis of accounting)
EXHIBIT A
337
Annual Comprehensive Financial Report FY 20 20 -21
Page | 172
STATISTICAL SECTION
Financial Trends
CITY OF LIVERMORE
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
General Fund
Nonspendable 5,262,813$ 6,832,287$ 6,317,781$ 5,423,421$ 5,220,875$ 5,191,768$ 6,911,157$ 5,712,441$ 5,627,682$ 5,609,833$ Committed 11,500,000 12,003,511 12,548,889 12,897,711 13,980,181 14,534,792 15,689,514 15,954,446 16,561,703 17,419,222 Assigned 5,349,482 8,002,341 8,365,926 8,598,474 16,490,551 17,891,417 20,120,563 22,359,001 24,905,533 29,677,300 Unassigned 1,134,242 3,229,530 5,050,960 10,406,034 11,447,929 16,850,333 20,197,806 21,015,747 22,903,595 24,471,138 Total general fund 23,246,537$ 30,067,669$ 32,283,556$ 37,325,640$ 47,139,536$ 54,468,310$ 62,919,040$ 65,041,635$ 69,998,513$ 77,177,493$ All Other Governmental Funds
Nonspendable -$ -$ 57,439,026$ 4,000$ -$ 3,580$ 510,525$ 540,789$ 537,935$ 521,482$ Restricted 63,995,900 58,524,301 - 82,222,196 106,877,672 117,117,738 122,335,628 107,752,207 106,314,261 115,657,837 Committed - 545,378 - - - - 980,960 1,583,505 2,597,943 2,597,943 Assigned - 363,585 - - - - - - - - Unassigned (5,709,086) (3,229,530) (1,230,719) (548) - (157,775) (66,518) (337,703) - - Total all other governmental funds 58,286,814$ 56,203,734$ 56,208,307$ 82,225,648$ 106,877,672$ 116,963,543$ 123,760,595$ 109,538,798$ 109,450,139$ 118,777,262$ Fund Balances of Governmental Funds
Las t Ten Fis cal Years
(modified accrual basis of accounting)
EXHIBIT A
338
Annual Comprehensive Financial Report FY 20 20 -21
Page | 173
STATISTICAL SECTION
Financial Trends
CITY OF LIVERMORE
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Revenues
Property Taxes and special assessments 37,723,715$ 38,391,028$ 39,047,027$ 42,437,878$ 46,106,890$ 48,513,433$ 52,797,891$ 55,378,923$ 57,137,281$ 58,827,934$ Sales taxes 20,761,599 23,711,235 25,159,952 27,278,151 29,932,022 30,684,026 32,346,374 35,556,493 32,869,001 35,441,550 Property tax increment - - - - - - - - - Licenses and permits 2,006,311 2,782,819 2,020,956 2,919,585 3,375,139 2,587,073 3,329,443 2,647,472 2,408,482 2,587,449 Intergovernmental 53,725,198 20,525,065 14,523,429 17,513,836 15,818,812 15,329,383 18,609,342 19,663,932 21,151,712 27,824,580 Contributions from outside sources 1,162,859 532,899 3,090,683 6,407,835 1,492,046 3,360,435 12,763,436 3,668,666 1,735,332 395,011 Fines and forfeitures 465,263 353,754 442,101 474,279 404,562 382,735 472,063 522,198 480,714 12,837,128 Charges for current services 14,169,779 18,826,809 18,937,543 34,250,853 39,071,843 23,669,667 25,413,665 15,988,594 20,392,611 5,322,238 Use of money and property 2,754,238 1,634,027 3,444,283 3,573,515 5,106,185 3,718,382 4,594,593 12,607,413 12,667,441 4,222,473 Miscellaneous 3,122,175 7,422,435 1,568,992 7,731,071 8,218,597 2,754,329 4,344,239 1,820,316 1,338,085 2,311,612 Total revenues 135,891,137 114,180,071 108,234,966 142,587,003 149,526,096 130,999,463 154,671,046 147,854,007 150,180,659 149,769,975 Expenditures
General government 16,311,189 12,528,286 13,440,473 13,981,528 14,343,118 13,531,789 13,631,535 15,040,356 16,768,256 13,826,319 Fire 14,214,342 14,505,466 15,293,516 16,392,361 17,593,133 18,160,089 19,742,654 21,484,772 21,963,399 22,765,664
Police 25,979,732 27,091,180 30,000,873 32,114,470 31,248,269 32,611,631 35,474,413 37,991,489 37,855,355 39,584,317 Public Works 6,282,113 5,766,027 6,259,095 6,479,506 7,125,447 9,801,590 10,649,264 10,858,274 11,296,986 13,093,994 Community Development 16,606,896 30,608,371 22,660,129 23,177,157 26,435,968 22,366,625 26,613,789 41,744,030 31,872,893 23,269,924 Economic Development - - - - - 2,355,266 2,169,717 2,815,442 2,826,509 4,435,600 Library 4,735,732 4,232,678 4,369,666 4,455,160 4,540,660 5,287,778 5,639,115 5,665,784 5,896,798 5,626,180 Redevelopment 996,524 - - - - - - - - Capital outlay 41,750,672 13,800,868 5,641,979 18,897,678 6,211,698 4,065,706 9,106,715 20,651,425 11,028,144 10,629,079 Debt service funds:
Principal 3,663,583 8,583,683 8,445,369 4,703,788 5,597,905 3,908,648 3,274,972 2,817,102 3,125,453 122,607 Interest and fiscal charges 2,463,121 1,554,416 1,414,883 1,872,291 1,555,850 1,292,959 1,274,238 1,400,431 1,505,596 1,375,594 Issuance cost - - - - - - - - 407,260 - Total Expenditures 133,003,904 118,670,975 107,525,983 122,073,939 114,652,048 113,382,081 127,576,412 160,469,105 144,546,649 134,729,278 Excess of Revenues
over (under)
expenditures 2,887,233 (4,490,904) 708,983 20,513,064 34,874,048 17,617,382 27,094,634 (12,615,098) 5,634,010 15,040,697 (Continued)
Changes In Fund Balances of Governmental Funds
Las t Ten Fis cal Years
(modified accrual basis of accounting)
EXHIBIT A
339
Annual Comprehensive Financial Report FY 20 20 -21
Page | 174
STATISTICAL SECTION
Financial Trends
CITY OF LIVERMORE
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Other Financing
Source s (Use s)
Assets transferred to/liabilities assumed by
Successor Agency (6,520,981)$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Proceeds from long term debt - 5,964,051 - 49,776,268 - - - - - - Payment to refunded bond escrow agent - - - (39,411,268) - - - - (51,296,699) - Refunding bonds issued - - - - - - - - 42,932,418 - Premium on refunding bonds issued 7,922,280 -
Transfers in 33,309,856 22,350,922 11,632,939 58,411,053 8,915,955 8,774,169 8,914,189 5,744,041 56,604,093 3,212,134 Transfers out (33,079,709) ( 22,154,575) (11,449,012) (58,229,692) (9,324,083) (8,976,906) (20,951,304) (7,186,717) (56,927,883) (4,979,497) Total other financing
sources (uses) (6,290,834) 6,160,398 183,927 10,546,361 (408,128) (202,737) (12,037,115) (1,442,676) (765,791) (1,767,363) Net change in
fund balances (3,403,601)$ 1,669,494$ 892,910$ 31,059,425$ 34,465,920$ 17,414,645$ 15,057,519$ (14,057,774)$ 4,868,219$ 13,273,334$ Debt service as a
percentage of noncapital
expenditures 6.4% 9.7% 9.7% 6.4% 6.6% 4.8% 3.8% 3.0% 3.5% 1.2% Changes In Fund Balances of Governmental Funds
Las t Ten Fis cal Years
(modified accrual basis of accounting)
EXHIBIT A
340
Annual Comprehensive Financial Report FY 20 20 -21
Page | 175
STATISTICAL SECTION
Revenue Capacity
CITY OF LIVERMORE
Business Type 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Apparel Stores $ 13,137 $ 75,592 $ 281,213 $ 301,420 $ 374,109 $ 464,023 $ 480,652 $ 518,405 $ 532,044 $ 272,474 General Merchandise 198,817 220,493 237,158 239,714 237,252 237,408 248,349 256,779 264,109 231,840 Food Stores 39,048 40,687 41,699 41,826 43,382 44,270 44,271 43,356 44,351 48,180 Eating and Drinking Places 119,899 135,073 151,094 165,519 179,048 196,255 203,491 212,106 217,440 160,472 Building Materials 134,245 145,134 172,267 175,894 206,430 217,450 235,880 256,206 240,062 246,236 Auto Dealers and Supplies 208,212 230,403 285,901 388,357 447,319 452,109 469,775 471,729 511,014 404,080 Service Stations 182,611 204,243 199,835 192,465 161,129 150,645 169,036 200,023 177,362 129,325 Other Retail Stores 132,829 147,877 180,000 190,964 208,468 218,210 218,485 227,529 224,479 182,568 All Other Outlets 750,381 814,146 894,342 915,827 941,153 1,009,498 1,190,098 1,261,208 1,363,666 1,464,522 Total $ 1,779,179 $ 2,013,648 $ 2,443,508 $ 2,611,988 $ 2,798,290 $ 2,989,869 $ 3,260,037 $ 3,447,340 $ 3,574,527 $ 3,139,697 TAXABLE SALES BY CATEGORY *
LAST TEN CALENDAR YEARS
(In thousands)
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STATISTICAL SECTION
Revenue Capacity
CITY OF LIVERMORE
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
City Direct Rate 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% State General Fund 3.94% (a) 4.19% (b) 4.19% 4.19% 4.19% 3.94% (d) 3.94% 3.94% 3.94% 3.94% Public Safety (Prop 172) 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% Countywide Transportation Fund 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% County Realignment (Mental Health/ Welfare/
Public Safety)
1.56% 1.56% 1.56% 1.56% 1.56% 1.56% 1.56% 1.56% 1.56% 1.56% BART in Alameda County 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% Alameda County Transportation Commission (ACTC)- Measure B 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% Alameda County Essential Healthcare Services Transactions and Use Tax (ACHC) 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% Alameda County Transportation Commission (ACTC)- Measure BB 0.00% 0.00% 0.00% 0.50% (c) 0.50% (c) 0.50%(d) 0.50%d) 0.50%d) 0.50% 0.50% Total Rate 8.75% 9.00% 9.00% 9.50% 9.50% 9.25% 9.25% 9.25% 9.25% 9.25% (a) On July 1, 2011 the State Rate reduced by 2.06%
(b) On January 1, 2013 the State Rate increased by 0.25% (c) On April 1, 2015 ACTC (Measure BB) was added at .5% (d) On January 1, 2017 the State rate was reduced by .25% Direct and Overlapping Sales Tax Rates
Las t Ten Fis cal Years
(In Percentage)
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STATISTICAL SECTION
Revenue Capacity
CITY OF LIVERMORE
2021 2012
B
urberry Limited 7 Eleven
Coach/Kate Spade AMS Net
Computacenter Fusionstorm Arco AM PM
Costco Costco
Gillig F Rodgers
Gucci Outlet Harris Rebar
Happy Daze RV Home Depot
Home Depot JA Momaney Services
JA Momaney Services Jifco
Jifco Kaiser Pharmacy
Livermore Ford/Lincoln/Alfa/Maserati Kohls
Livermore Honda Livermore Ford
Livermore Toyota Livermore Honda
Lowes Lowes
Mobile Modular Management Macpherson Western Tool Supply Nike Mobile Modular Management
Porsche Livermore Owens & Minor Distribution
Safeway Porsche Livermore
Safeway Fuel Quik Stop Market
Target Safeway
Tory Burch Safeway Fuel
Toyota Material Handling Target
US Foodservice US Foodservice
Walmart Walmart
Waxie Sanitary Supply Waxies
Source: HdL Company
Principal Sales Tax Payers
Current Year and Nine Years Ago
In Alphabetical Order
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STATISTICAL SECTION
Revenue Capacity
CITY OF LIVERMORE
Total Total
Taxable Direct
Common Public Unsecured Asse sse d Tax
Fis cal Year Property Utility Valuation Valuation Rate* 2011-2012 12,677,885,472 16,667,214 621,343,226 13,315,895,912 1.00% 2012-2013 12,785,579,465 16,652,307 712,651,650 13,514,883,422 1.00% 2013-2014 13,495,749,069 16,534,025 677,891,857 14,190,174,951 1.00% 2014-2015 14,441,874,348 15,920,292 618,857,248 15,076,651,888 1.00% 2015-2016 15,425,274,831 16,125,723 644,740,332 16,086,140,886 1.00% 2016-2017 16,462,710,778 16,036,533 669,293,841 17,148,041,152 1.00% 2017-2018 17,584,794,540 13,149,678 665,835,413 18,263,779,631 1.00% 2018-2019 18,716,232,125 13,261,314 742,728,963 19,472,222,402 1.00% 2019-2020 19,706,452,617 12,659,804 887,677,095 20,606,789,516 1.00% 2020-2021 20,739,018,910 12,463,593 890,242,048 21,641,724,551 1.00% Note :
* Direct tax rate is per $1,000 of assessed value.
Source: Alameda County Office of the Auditor-Controller.
As s es s ed Value and Es timated Taxable Property
Las t Ten Fis cal Years
In 1978 the voters of the State of California passed Proposition 13 w hich limitedproperty taxes to a total max imumrate of 1% based upon the assessed value of the property being taxed. Eac hyear, the assessed value of property may be increased by an "inflation factor" (limited to a max imumincrease of 2%). With few exceptions, property is only reassessed at the timethat it is sold to a new ow ner. At that point, the new assessed value is reassessed at the purchese price of the property sold. The assessed valuation data show n above represents the only data currently available w ith respect to the actual market value of taxable property and is subject to the limitations described above.
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STATISTICAL SECTION
Revenue Capacity
CITY OF LIVERMORE
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Direct Rates:
City Direct Rate 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 Overlapping Rates (1):
School District 0.0627 0.0607 0.0596 0.0497 0.0404 0.0886 0.0803 0.0771 0.0743 0.0691 Community College 0.0214 0.0219 0.0214 0.0217 0.0198 0.0246 0.0445 0.0443 0.0422 0.0214 Bay Area Rapid Transit 0.0041 0.0043 0.0075 0.0045 0.0026 0.0080 0.0084 0.0070 0.0120 0.0139 Zone 7 Flood Control 0.0307 0.0228 0.0257 0.0250 0.0343 0.0333 0.0359 0.0332 0.0309 0.0309 County General Obligation Bond - - - - - - - 0.0112 0.0108 0.0036 Total Direct and Overlapping Rate 1.1189 1.1097 1.1142 1.1009 1.0971 1.1545 1.1691 1.1728 1.1702 1.1389 Source: Alameda County Treasurer and Tax Collector.
Note:
(1) Overlapping rates are those of local and county governments that apply to property owners within the City of Livermore. Not all overlapping rates apply to all property owners. For an overlapping rate to apply, the property has to be located within that district's geographic boundary.
Direct and Overlapping Governments Property Tax Rates
(Rates per $1,000 of as s es s ed value)
Las t Ten Fis cal Years
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Revenue Capacity
CITY OF LIVERMORE
Taxable Percentage T axable Percentage
Asse sse d of Total City Asse sse d of Total City
Value Taxable Value Taxable
Secured/ Asse sse d Secured/ Asse sse d
Taxpayer Unsecured Rank Value Unsecured Rank Value
Livermore Premium Outlets LLC 225,102,324$ 1 1.06% -$ Livermore Oaks Joint Venture LLC 152,239,091 2 0.72% Kaiser 116,907,962 3 0.55% 114,470,826 1 0.89% Arkay 100,373,402 4 0.47%
Raintree Ironwood LLC 80,720,483 5 0.38%
Comcast 75,135,828 6 0.35%
Form Factor Inc 73,841,484 7 0.35% 64,374,999 2 0.50% LAM Research Corporation 69,368,312 8 0.33%
Longfellow Logistics Center LLC 68,666,400 9 0.32% Marathon Drive Buildings LLC 66,888,484 10 0.31% 55,372,703 3 0.43% Valley Care Senior Housing Inc 50,015,845 4 0.39%
RT Tri Valley LLC 49,368,970 5 0.38%
Sutter Health 39,738,708 6 0.31%
BNP Paribas Leasing Corporation 37,588,113 7 0.29%
Golden Bears LLC & Ellis Street Property 33,606,480 8 0.26% Oak Charlotte 12 B LLC 33,520,895 9 0.26%
Vineyard Management Company 32,333,222 10 0.25%
1,029,243,770$ 4.84% $510,390,761 3.96%
Source: HdL Company
2021
Principal Property Taxpayers
Current Year and Nine Years Ago
2012
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STATISTICAL SECTION
Revenue Capacity
CITY OF LIVERMORE
Fisca l
Year Taxes Levied Delinquent Delinquent Tax
Ended for the Percentage Property Taxes Collections
June 30, Fis cal Year Amount of Levy for the Fis cal Year (Refund) 2012 22,301,891$ (a) 22,056,236$ 98.90% 245,655$ 722,949$ (b) 2013 23,453,707 (a) 23,241,857 99.10% 211,850 439,594 (b) 2014 24,137,249 (a) 23,526,725 97.47% 610,524 458,926 (b) 2015 26,171,312 (a) 26,034,522 99.48% 136,790 (7,631) (b) 2016 27,839,513 (a) 27,718,828 99.57% 120,685 320,482 (b) 2017 29,014,829 (a) 28,341,709 97.68% 673,120 321,785 (b) 2018 31,087,296 (a) 30,559,069 98.30% 528,227 338,288 (b) 2019 33,273,066 (a) 32,570,581 97.89% 702,485 533,453 (b) 2020 35,368,204 (a) 34,740,288 98.22% 627,916 341,676 (b) 2021 36,930,452 (a) 36,077,734 97.69% 852,718 451,056 (b) Source: Alameda County Office of the Auditor-Controller and City of Livermore Finance Division (a) Taxes Levied include secured, unsecured, and estimated unitary tax.
Tax levies are net of payments for
- Educational Revenue Augmentation Fund.
- Redevelopment agencies for the fiscal years 2005-06 through 2011-12 - Redevelopment Property Tax Trust Fund (RPTTF) payments beginning from Fiscal year 2012-13. (b) Alameda County does not provide delinquent tax collection data by levy year, so the amounts shown in the delinquent tax collections column include delinquency collections for all prior years that were remitted to the City in each fiscal year.
Collected within the
Fis cal Year of the Levy
Property Tax Levies and Collections
Las t Ten Fis cal Years
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STATISTICAL SECTION
Debt Capacity
CITY OF LIVERMORE
Certificates Note s & Certificates Total Percentage
Fisca l of Loans Capital of Revenue State Capital Primary of Personal Per Year Participation Payable Leas e Participation Loans Loan Leas e Government Income (1) Capita 2012 64,060,573$ 9,717,339$ -$ 17,349,427$ -$ 1,606,113$ -$ 92,733,452$ 5.2% 1,125 2013 61,481,383 10,167,572 13,470,406 16,566,456 - 813,753 481,818 102,981,388 4.8% 1,236 2014 58,367,644 4,803,697 12,654,274 15,589,104 - - 847,354 92,262,073 5.9% 1,075 2015 64,032,534 3,970,233 11,668,003 15,348,123 - - 740,467 95,759,358 6.6% 1,100 2016 60,193,384 2,566,738 11,330,801 14,186,182 - - 619,257 88,896,362 5.5% 1,009 2017 56,386,950 2,440,343 10,300,691 13,003,050 - - 512,946 82,643,980 7.5% 922 2018 53,758,606 1,793,715 9,152,150 12,336,394 - - 392,972 77,433,837 8.5% 847 2019 54,295,394 1,667,320 8,189,116 8,429,606 - - 321,293 72,902,729 9.8% 801 2020 50,854,698 1,540,562 7,563,146 7,783,689 - - 296,702 68,038,797 11.3% 747 2021 50,270,524 1,417,955 6,883,846 7,697,470 270,016 66,539,811 13.1% 729 Note: Details regarding the city's outstanding debt can be found in the footnotes. (1) Personal income is income for Alameda County.
Business-Type ActivitiesGovernmental Activities
Ratios of Outstanding Debt by Type
Las t Ten Fis cal Years
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STATISTICAL SECTION
Debt Capacity
CITY OF LIVERMORE
City Assessed Valuation, net of exemptions 21,069,528,193$ Redevelopment Agency Incremental Valuation* -
Total Assessed Valuation 21,069,528,193$
Estimated
share of
Percentage Outstanding Overlapping
Governmental Unit Applicable (1) Debt 6/30/21 Debt
Overlapping Debt Repaid with Property Taxes:
Alameda County 6.393% 191,300,000$ 12,229,809$ B
ay Area Rapid Transit District 2.474% 1,871,890,000 46,310,559 Chabot-Las Positas Community College District 15.082% 593,290,000 89,479,998 Livermore Valley Joint Unified School District 93.595% 199,105,000 186,352,325 East Bay Regional Park District 0.084% 133,170,000 111,863 City of Livermore Community Facilities District No. 99-1 100.000% 11,280,000 11,280,000 City of Livermore Community Facilities District No. 2009-1 I.A. No. 1 100.000% 17,307,260 17,307,260 City of Livermore Community Facilities District No. 2009-1 I.A. No. 2 100.000% 4,419,977 4,419,977 City of Livermore Community Facilities District No. 2009-1 I.A. No. 3 100.000% 2,684,094 2,684,094 City of Livermore Community Facilities District No. 2016-2 100.000% 8,815,000 8,815,000 City of Livermore 1915 Act Bonds 100.000% 919,537 919,537 CA Statewide Communities Development Authority Assessment District Bonds 100.000% 9,774,586 9,774,586 Total overlapping debt repaid with property taxes 3,043,955,454 389,685,008 Overlapping Other Debt:
Alameda County Gen. Fund Obligations & Coliseum Authority 6.393% 790,122,500 50,512,531 Tax Increment Debt (Successor Agency) 100.000% 18,535,000 18,535,000 T
otal overlapping other debt 808,657,500 69,047,531
Total overlapping debt 3,852,612,954$ 458,732,539 City of Livermore Certificate of Participation 49,500,000 City of Livermore Notes & Loans 1,417,955
City of Livermore Capital Leases 7,153,862
Total gross direct debt 58,071,817
Less: City of Livermore Obligations Supported by Rate Payers' Fees (6,837,598) Less: City of Livermore Obligations Funded by Grants Revenues (8,882,955) Total net direct debt 42,351,264
Total direct and overlapping debt 501,083,803$
Note s:
(1)
* Redevelopment Agency was dissolved effective January 31, 2012, in accordance with Assembly Bill 1X 26.
Overlapping governments are those that coincide, at least in part, with the geographic boundaries of the City. This schedule estimates the portion of the outstanding debt of those overlapping governments that is borne by the residents and businesses of the City. This process recognizes that, when considering the City's ability to issue and repay long-term debt, the entire debt burden borne by the residents and businesses should be taken into account. However, this does not imply that every taxpayer is a resident, and therefore responsible for repaying the debt, of each overlapping government.
The percentage of overlapping debt applicable to the city is estimated using taxable assessed property value. Applicable pecentages were estimated by determining the portion of the overlapping district's assessed value that is within the boundaries of the City divided by the district's total taxable assessed value.
Direct and Overlapping Governmental Activities Debt
As of June 30, 2021
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STATISTICAL SECTION
Debt Capacity
CITY OF LIVERMORE
Legal Debt Margin Calculation for Fiscal Year 2020-21
Common Property Assessed Valuation-Secured Roll 20,739,018,910$ Government Code Sec. 43605 Debt Limit 15% of Assessed Valuation 3,110,852,837 A
mount of debt applicable to the limit -
Legal debt margin 3,110,852,837
Percent of debt limit authorized and issued 0.00%
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Debt limit 1,901,682,821$ 1,917,836,920$ 2, 024,362,360$ 2,166,281,152$ 2,313,791,225$ 2,469,406,617$ 2,637,719,181$ 2,807,434,819$ 2,955,967,893$ 3,110,852,837$ Total net debt applicable to limit - - - - - - - - - - Legal debt margin 1,901,682,821$ 1,917,836,920$ 2, 024,362,360$ 2,166,281,152$ 2,313,791,225$ 2,469,406,617$ 2,637,719,181$ 2,807,434,819$ 2,955,967,893$ 3,110,852,837$ Total net debt applicable to the limit
as a percentage of debt limit 0.00% 0.00% 0.00% 0.00% 0.00% 0. 00% 0.00% 0.00% 0.00% 0.00% Source: City of Livermore Finance Division
Alameda County Office of the Auditor-Controller
Las t Ten Fis cal Years
Legal Debt Margin Information
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STATISTICAL SECTION
Demographic and Economic Information
CITY OF LIVERMORE
Livermore Total
Population Personal Unemployment
(1) Income (3)
2012 83,184 Est. 52,811 4,393,030,224 6.2%
2013 84,486 Est. 54,774 4,627,636,164 4.8%
2014 85,819 Est. 58,175 4,992,520,325 4.1%
2015 87,090 Est. 62,926 5,480,225,340 3.1%
2016 88,974 Est. 65,884 5,861,963,016 3.1%
2017 90,454 Est. 71,947 6,507,893,938 2.9%
2018 91,411 Est. 77,233 7,059,945,763 2.8%
2019 91,039 Est. 81,171 7,389,726,669 2.6%
2020 91,082 Est. 87,078 7,931,238,396 11.2%
2021 91,216 Est. 87,078 (2) 7,942,906,848 (2) 5.9% Note:
1. 2.
3. Data Source: Bureau of Labor Statistics
Year
Per Capita
Personal
Income
Alameda
County (2)
Demographic and Economic Statistics
Las t Ten Calendar Years
Data Source: State of California, Department of Finance Data Source: U.S. Department of Commerce, Bureau of Economic Analysis, Regional Economic Accounts, Local Area Personal Income. County income estimates are not currently available after 2020.
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STATISTICAL SECTION
Demographic and Economic Information
CITY OF LIVERMORE
Number
Percent of
Population
Under 5 years 6,798 7. 5%
5 to 9 years 5,217 5.8%
10 to 14 years 6,314 7.0%
15 to 19 years 5,256 5.8%
20 to 24 years 3,674 4.1%
25 to 34 years 11,168 12.4%
35 to 44 years 13,391 14.9%
45 to 54 years 13,463 14.9%
55 to 59 years 6,361 7.1%
60 to 64 years 3,885 4.3%
65 to 74 years 8,607 9.5%
75 to 84 years 3,982 4.4%
85 years and over 2,072 2.3%
Total Population 90,188 100.0%
Note:
(1) Data Source: United States Census Bureau
(population estimates for year 2019)
Age
Population Demographics (1)
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STATISTICAL SECTION
Demographic and Economic Information
CITY OF LIVERMORE
Percentage Percentage
o
f Total City of Total City
Employer Employees Rank Employment Employees Rank Employment Lawrence Livermore National Lab 8,765 1 16.63% 6,700 * 1 16.14% Sandia National Lab 1,570 2 2.98% 1,000 * 3 2.41% Livermore Valley Joint Unified School District 1,299 3 2.46% 1,242 * 2 2.99% Lam Research 1,166 4 2.21% 435 9 1.05% GILLIG 886 5 1.68%
Form Factor 800 6 1.52% 570 6 1.37% City of Livermore 493 7 0.94% 420 10 1.01% Las Positas College 476 8 0.90%
Topcon Positioning Systems 400 9 0.76%
Costco 363 10 0.69%
Kaiser Permanente 750 4 1.81%
US Foodservice Inc 631 5 1.52%
Comcast 546 7 1.32%
Hospital Committee for
Livermore/Pleasanton 479
8 1.15%
30.77% 30.77%
* Estimated
Source: City of Livermore Office of Innovation and Economic Development U.S. Bureau of Labor Statistics
Principal Employers
Current Year and Nine Years Ago
2021 2012
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STATISTICAL SECTION
Operating Information
CITY OF LIVERMORE
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Function/Program
General government
Administrative Services 1,4 30.75 31.50 31.75 31.75 32.50 33.50 35.50 39.25 38.25 39.25 City Manager 2 6.00 6.00 7.00 7.00 7.00 6.00 7.00 7.00 7.00 7.00 City Attorney 8.50 8.00 8.00 8.00 8.50 8.50 8.50 8.50 9.00 9.00 Police 4 143.25 140.25 140.75 141.75 141.75 142.75 141.75 145.00 145.50 145.50 Public Works 48.10 42.70 42.70 42.70 41.45 43.80 43.80 45.50 45.50 45.50 Community Development 69.50 64.50 63.50 63.50 63.50 64.50 66.50 66.50 68.50 68.50 Economic Development 3 5.00 3.00 - - - 3.00 3.00 3.00 4.00 4.00 Library 32.13 29.00 28.00 28.00 28.00 27.00 27.00 27.00 27.35 27.35 Airport 8.00 8.00 8.00 8.00 8.00 8.00 8.00 8.00 8.50 8.50 Water 15.25 15.25 15.00 15.00 15.00 13.75 13.75 10.00 11.00 10.00 Sewer 47.50 47.50 48.50 48.50 48.50 49.50 49.50 49.50 49.50 50.50 Las Positas Golf Course 1.00 0.80 0.80 0.80 0.80 0.70 0.70 - - - Total 419.98 401.00 398.50 399.50 399.00 401.00 405.00 409.25 414.10 415.10 Notes:
1. Administrative Services was created in fiscal year 2010 and includes Human Resources, Finance and Information Technology employees. Starting in FY17, includes City Clerk employees. Prior years' data is added to Administrative Services for comparison purposes.
2. Prior to fiscal year 2010, City Manager included Information Technology employees.
3. In fiscal years 2014-2016, Economic Development employees are included in Community Development.
4. Starting in FY18, two police Information Technology employees are included in Administrative Services.
Full-time Equivalent City Government Employees by Function/Program Las t Ten Fis cal Years
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STATISTICAL SECTION
Operating Information
CITY OF LIVERMORE
Function/Program 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Police
Stations 1 1 1 1 1 1 1 1 1 1
Patrol units 51 52 58 57 58 59 63 61 63 61
Fire stations 5 5 5 5 5 5 5 5 5 5
Public Works
Streets (centerline miles) 303 306.2 306 306 308 306 308 308 308 308 Streetlights 7,301 7,301 7,382 7,382 7,382 7,500 7,500 7,500 7,500 7500 Traffic Signals 137 103 111 104 105 106 106 106 108 114 Enhanced Crosswalks 11 11 10 11 15 17 17 17 22 24
Las Positas Municipal Golf Course 2
Total acreage 205 195 195 195 195 195 195 195 195 195
Length of 18-hole course in yards 6,723 6,723 6,723 6,723 6,723 6,723 6,723 6723 6723 6723 Length of 9-hole executive course in yards 1,133 1,133 1,133 1,133 1,133 1,133 1,133 1133 1133 1133 Springtown Municipal Golf Course
Total acreage 90 90 90 90 90 N/A (1) N/A (1) N/A (1) N/A (1) N/A (1) Length of 9-hole course in yards 2,941 2,941 2,941 2,941 2,941 N/A (1) N/A (1) N/A (1) N/A (1) N/A (1) Water
Water mains (miles)
Potable water 146 147 147 148 148 148 151 162 162 162
Recycled water 21.5 22.5 22.5 21 21 21 21 20.4 20.4 20.4 Fire hydrants 1,385 1,493 1,560 1,487 1,495 1,516 1,548 1,550 1,559 1567 Fire hydrants (recycled) 113 160 160 121 122 122 121 120 120 120 Wastewater
Sanitary sewers (miles) 303 295 295 297 297 297 302 304 304 304 Storm sewers (miles) 207 210 210 214 214 214 224 226 226 226 Treatment capacity (millions of gallons) 8.5 8.5 8.5 8.5 8.5 8.5 8.5 8.5 8.5 8.5 Municipal Airport
Length of longest runway in feet 5,253 5,253 5,253 5,253 5,253 5,253 5,253 5,253 5,253 5253 Length of longest taxiway in feet 5,720 5,720 5,720 5,720 5,720 5,720 5,720 5,720 5,720 5720 Total acreage 644 644 644 644 644 644 644 644 644 644
Number of hangars 393 393 393 393 393 393 393 393 393 393 * No data available
Sources: Various city departments.
9/6/12: The 9-hole Executive Course was closed as of July 1, 2011 and re-opened as a 9-hole Par 3 Course on May 17, 2012. 1/24/12: Measurement is in centerline miles.
(1) Springtown Golf Course has closed. The City has asked the Livermore Area Recreation and Park District to lead the Springtown Open Space Master Plan process.
(2) Las Positas Golf Course ceased as an enterprise fund in February 2019. The City Of Livermore has leased the golf course to a private management company.
Capital Asset Statistics by Function/Program
Las t Ten Fis cal Years
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STATISTICAL SECTION
Operating Information
CITY OF LIVERMORE
Function/Program 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Police
Physical arrests 2,391 2,537 2,613 2,323 2,781 2,278 3,034 3,502 2,922 2,168 Parking violations 1433 1296 1056 1613 1708 2,021 2,269 2,819 2,736 1,482 Traffic violations 9264 8635 7114 6813 5142 4,540 5,344 8,620 8,576 5,531 Fire
Emergency responses 4,607 6,684 6,664 6,777 7,233 7,620 7,539 7,536 7,610 7,700 Fires extinguished 239 237 221 192 210 210 227 218 239 322 Inspections (1) 623 1106 453 505 1,195 1,411 1,013 810 839 849 Annual fire inspection program 470 540 529 594 541 624 674 602 712 74 Pu
blic Works
Street resurfacing (centerline miles) 1.8 12.7 3.8 4.1 3.3 0 0 0 3.6 1.4 Potholes repaired 238 204 190 653 504 1,347 969 1,152 858 639 Maintenance of Landscaping (acres) 263 316 316 320 329 330 334 338 340 350 Library
Volumes in collection 273,500 262,410 255,333 (2) 261,818 281,469 276,849 268,154 (5) 267,319 266,803 270,155 Total volumes borrowed 941,873 868,861 849,145 777,970 762,939 762,304 753,072 760,960 540,073 (7) 249,348 (7) Community Development
Building permits issued NA NA NA NA NA 3,694 4,086 3,755 3,729 5,948 Water
New connections 59 79 32 52 200 232 120 89 57 27
Water mains breaks 2 0 1 1 3 3 0 0 0 0
Other water breaks & leaks 74 20 14 14 18 19 16 30 17 31 Average Daily Consumption
Potable water (millions of gallons) 5.9 5.9 5.5 4.2 4.1 4.4 4.8 5.2 5.4 5.5 Recycled water (millions of gallons) 1.27 1.97 1.85 2.04 2.02 1.7 1.84 1.91 1.88 2 Peak daily consumption - potable 9.1 9.5 9.3 9.1 8.8 9.0 9.5 10.1 10.2 10.4 (millions of gallons)
Wastewater
Average daily sewage treatment 6.8 6.7 6.6 6.1 5.9 5.8 5.8 5.6 5.5 5.5 (millions of gallons)
New connections 71 280 190 389 659 311 385 347 200 286
Average Daily Influent Flow (mgd) 6.83 6.82 6.29 5.97 5.51 5.85 5.50 5.61 5.51 5.40 Municipal Airport
Number of tenant aircraft 516 506 517 508 503 507 512 495 487 497 T
otal landings & takeoffs 139,140 143,651 160,733 122,140 121,050 117,834 146,988 156,405 148,568 (7) 170,707 (7) Gallons of fuel pumped 643,272 642,239 734,597 644,617 281,288 0 (4) 0 (4) 0 (4) 0 (4) 0 (4) Las Positas Municipal Golf Course
Rounds Played 66,667 62,733 77,408 69,387 66,711 58,982 61,418 N/A (6) N/A (6) N/A (6) Springtown Municipal Golf Course
Rounds Played 24,366 19,583 19,583 N/A (3) N/A (3) N/A (3) N/A (3) N/A (3) N/A (3) N/A (3) (1) Data is reported on a fiscal year basis.
(2) In FY 13/14, the City added 28,000 new volumes to the Library Collection, and removed items that w ere outdated or in poor condition, consequently the overall number decreased. (3) Springtow n Golf Course closed in October 2015. The City Of Livermore has asked the Livermore Area Recreation & Park District to lead the Springtow n Open Space Master Plan process. (4) Starting 11/25/2015, fuel w as transitioned to Five Rivers Aviation. (5) Volume decreased due to removal of outdated materials. (6) Las Positas Golf Course ceased as an enterprise fund in February 2019. The City Of Livermore has leased the golf course to a private management company. (7) Reduction due to COVID-19 shelter in place order that began in mid-March 2020. (8) Reflects calendar year data
NA Data not available.
Source: Various city departments.
Operating Indicators by Function/Program
Las t Ten Fis cal Years (1)
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STATISTICAL SECTION
Operating Information
CITY OF LIVERMORE
The monthly residential water bill for a customer using 10 CCF of water per month with a 5/8" meter would be $76.20.
Meter Size (inches)
City Service
Meter Charge
Fl
at Rate
Alameda
County Zone 7
M
eter Charge
Flat Rate
Total Meter
Charge
5/8" (0.625) 21.71$ 20.18$ 41.89$ 3/4" (0.75) 27.42 30.27 57.69 Billing Type Monthly Charge 1" with Fire Line 21.71 20.18 41.89 Single Family per Dwelling Unit 58.93$ 1" 43.38 50.45 93.83 Multi-Family per Dwelling Unit 48.21 1 1/2" Displacement 79.50 100.90 180.40 1 1/2" Turbine 93.95 121.08 215.03 2" Displacement 122.85 161.44 284.29 2" Turbine 144.52 191.71 336.23 Billing Type Monthly Charge 3" Turbine 321.50 438.92 760.42 Fixed Charge: Flat Rate $26.66 4" Turbine 549.06 756.75 1,305.81 6" Turbine 1,163.08 1,614.40 2,777.48 Variable Charge: Winter Water Use 8" 2,029.96 2,825.20 4,855.16 Billing Type Monthly Charge ( Monthly + 10%) 1 10" 3,041.29 4,237.80 7,279.09 Auto Steam Cleaning per 100 Cubic ft. n/a n/a 1" Fire Line 2.68 exempt 2.68 Bakeries per 100 Cubic ft. 10.01 11.01$ 1 1/2" Fire Line 4.02 exempt 4.02 Commercial Laundries per 100 Cubic ft. 6.23 6.85$ 2" Fire Line 5.35 exempt 5.35 Markets per 100 Cubic ft. 10.04 11.04$ 3" Fire Line 8.02 exempt 8.02 Mortuaries per 100 Cubic ft. 10.04 11.04$ 4" Fire Line 10.69 exempt 10.69 Restaurants per 100 Cubic ft. 10.01 11.01$ 6" Fire Line 16.02 exempt 16.02 All Other per 100 Cubic ft. 4.44 4.88$ 8" Fire Line 21.36 exempt 21.36
10" Fire Line 26.68 exempt 26.68 Institutional:
Schools per 100 Cubic ft. 4.33 4.76$
All Other - Institution per 100 Cubic ft. 4.33 4.76$
Residential
Commercial
Water and Sewer Rates
For Year Ended June 30, 2021
Customers in the City's Water service area are billed monthly with rates shown below. The rates provided below are those in effect as of June 30, 2021.
Residential sewer customers are billed via their property tax bill while the Commercial customers are billed monthly.
Water Sewer
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STATISTICAL SECTION
Operating Information
CITY OF LIVERMORE
Water Usage Cost Per Unit:
City Distribution Zone 7 Total
Cost Wholesale Cost Variable Cost
Residential:
Tier 1 (0-7 Units) 1.19$ 2.10 3.29 Tier 2 (8+ Units) 1.66$ 2.10 3.76 Commercial, Institution, Hydrant (Non-REC) & Public Agency:
All Units 1.29 2.10 3.39 Irrigation
All Units 1.66 2.10 3.76 Recycled Water:
All Units (Non-Demineralized) 3.14
1 Winter Water Use amount is the average consumption during Winter months multiplied by the Normal Monthly rate with an additional 10% service fee to the normal rate.
Water and Sewer Rates
For Year Ended June 30, 2021
Water Sewer
Fiscal Year Percentage of
User Class Revenues Revenues
Residential $ 21,334,077 83.7%
Commercial/Industrial 4,166,857 16.3%
Total $ 25,500,934 100.0%
Livermore Sewer Sys tem
Revenues by Clas s of Us er
Fiscal Year 2020-21
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STATISTICAL SECTION
Operating Information
CITY OF LIVERMORE
Effective Date 7/1/20
Residential
6,876.00$
3,629.00$
4,087.40
5,271.60
5,997.40
6,876.00
Auto Repair 4.20$
Assembly Facilities 5.73
Eating/drinking w/o cooking 13.37
Gas Stations 17.95
General Use 1.53
Gyms, Health Clubs 11.46
Hotels, Motels (excluding dining facilites) 5.73
Markets 7.26
Mixed use 3.82
Medical/Dental Office/Clinic 8.40
Restaurants 30.96
Warehouse 0.38
Industrial
F = Flow cost $/gpd 29.58$
B = BOD cost $/lb-day 2,573.31
S = SS cost $/lb-day 1,047.51
Sewer Connection Fees
City of Livermore
Four Bedroom
Commercial (BOD & SS = 285 mg/L, unless
otherwise shown)
Single Family
Multi-Family
Studio
One Bedroom
Two Bedroom
Three Bedroom
Flow/Volume 2021
User Type in mg DUEs Connections
Single Family Residential 1,154 23,972 23,972
Condominiums/Multiple Family
Residential 317 6,584 8,551
Commercial/Institutional 507 8,645 1,168
Total Users 1,978 39,201 33,691
The declines in Single Family parcels was caused by the reclassification of certain Single Family Residential parcels in FY 2019-20 as Multi-Family Residential due to a use code charge at the Alameda County level.
Number of Dwelling Unit Equivalents and Connections
Note: DUE calculations were revised for FY2019/20 to ensure that 1 DUE is equal to the average wastewater generated by a single family home.
Livermore Sewer Sys tem
by Classification of User
As of June 30, 2021
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Page | 194
STATISTICAL SECTION
Operating Information
CITY OF LIVERMORE
Audited Audited Audited Audited Audited
2017(5) 2018 2019 2020 2021
Gross Revenues
Charges for services $ 20,388,467 $ 21,341,703 $ 22,920,343 $ 24,503,188 $ 25,500,934 Connection Fees 1,834,854 2,477,971 2,311,224 1,341,958 1,966,329 Investment Income (Loss) 178,872 395,756 1,783,751 1,955,582 234,858 Other Revenue(4) 50,147 33,205 20,806 32,390 73,041 Total Gross Revenues 22,452,340 24,248,635 27,036,124 27,833,118 27,775,162 Maintenance & Operations Costs(2) 15,784,287 15,982,653 18,020,641 18,480,604 17,778,653 LAVWMA Net Revenues 6,668,053 8,265,982 9,015,483 9,352,514 9,996,509 Net Revenue minus Obligations(3) 6,668,053 8,265,982 9,015,483 9,352,514 9,996,509 Share of LAVWMA Debt Service
Rehabilitation Project 973,985 974,289 973,970 974,183 974,244 Expansion Project 1,253,455 1,253,847 1,253,436 1,253,710 1,253,788 Total LAVWMA Debt Service $ 2,227,440 $ 2,228,136 $ 2,227,406 $ 2,227,893 $ 2,228,032 LAVWMA Debt Service Coverage 2.99x 3.71x 4.05x 4.2x 4.49x Net Revenues Available after
Obligations/LAVWMA $ 4,440,613 $ 6,037,846 $ 6,788,077 $ 7,124,621 $ 7,768,477 (1) Balances are derived from the Livermore audited financial statements. (4) Includes Operating Transfers in, if any.
(5) In fiscal year 2016-17, Stormwater activities were reported together with Sewer activities, but were approximately 5% fo total gross revenues. Stormwater revenues are not pledged to the 2021 Bonds. Starting in fiscal year 2017-18, Stormwater activites are reported seperately from Sewer.
Livermore Sewer Sys tem
Summary of Historical Operating Results (1)
Fiscal Year Ended June 30
(3) Reflects Net Revenues remaining after payment of debt service on Livermore’s Obligations. (2) M&O excludes depreciation and debt service. M&O includes Payments to LAVWMA for LAVWMA Maintenance and Operation Costs. See “SECURITY FOR THE 2021 BONDS.” Includes Operating Transfers Out, if any.
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Page | 195
STATISTICAL SECTION
Operating Information
CITY OF LIVERMORE
COVERAGE BROKER COVERAGE PO LICY NO LIMITS T ERM
General/Auto Liability Primary Layer City of Livermore - Self Insured Retention
Not applicable $750,000 Self Insured Retention. 7/1/20-6/30/21 General/Auto Liability Excess Coverage
First Layer
California Joint Pow ers Risk
Management Authority
(CJPRMA )
Bodily Injury, Property Damage, Personal Injury, Public Officials Errors & Omissions, Employment Practices, Mold, Sexual Abuse at day care, terrorism, Pollution
2020-2021 MOC CJPRMA jointly indemnifies members from SIR to $5M
7/1/20-6/30/21
General/Auto Liability Excess Coverage
Second Layer
AON - Munich Re - A.M.
Best Rating A++:XV
Follow ing CJPRMA Memorandum of Coverage 152376-3019263-2017 $10,000,000 per occurrence excess of $5,000,000 per occurrence retention for Bodily Injury / Property
Damage / Personal Injury / Public Officials E&O
7/1/20-6/30/21
General/Auto Liability Excess Coverage
Second Layer
Everrest Re
A.M. Best Rating A+:XV
Follow ing CJPRMA Memorandum of Coverage FC10045252-2020 $5,000,000 per occurrence excess of $20,000,000 per pccurrence retention for Bodily Injury / Property
Damage / Personal Injury / Public Officials E&O
7/1/20-6/30/21
General/Auto Liability Excess Coverage
Second Layer
Chubb
+A.M. Best Rating A++:XV
Follow ing CJPRMA Memorandum of Coverage G71816370001 $5,000,000 per occurrence excess of $15,000,000 per pccurrence retention for Bodily Injury / Property
Damage / Personal Injury / Public Officials E&O
7/1/20-6/30/21
Genera/Auto Liability Excess Coverage
Third Layer
Scor Reinsurance Company
A.M. Best Rating A-:XV
Follow ing CJPRMA Memorandum of Coverage 10F148843-2020-1 $15,000,000 excess of $25,000,000 7/ 1/20-6/30/21 Commercial Property Lloyd's of London
A PIP
Real and Personal Property / Business Interruption / Extra Expense / Rental Coverage / Flood, Excluding Earthquake
Coverage is on a replacement cost basis.
Lloyds -
B0180PJ1900047
APIP - 017471589/06
Primary Property Limit: $400,000,00
Deductible $250,000
$500,000 for Wildfire
$1,
000,000 Flood Zones A & V
7/1/20-6/30/21
Pooled Property Program CJPRMA Follow ing CJPRMA Memorandum of Coverage Pooled Property Program 2020- 2021 MOC $100,000 not to exceed $250,000 All Risk $100,000 not to exceed $500,000 Wildfire
7/1/20-6/30/21
*Boiler and Machinery *this year
included in property program
A PIP/
Travelers Boiler & Machinery
APIP 017471589/06
Travelers 2H11173A
$100,000,000.00 7/1/20-6/30/21
Pollution Allianz Interstate Fire & Casualty
Company
Claims Made and Reported Pollution Liability USL00889720 $3,000,000 per occurrence $3,000,000 aggregate w ith $75,000 deductible
7/1/20-6/30/21
Pollution APIP/Interstate Fire & Casualty
Company
Claims Made and Reported Pollution Liability $2,000,000 per occurrence $25,000,000 aggregate (all insureds combined)
7/1/20-6/30/21
Cyber Liability APIP/Beazley Information security & privacy insurance w ith electronic media liability coverage M LN624127.01/2019 $2,000,000 per member; $25,000,000 aggregate.
Deductible is $100,000.
7/1/20-6/30/21
E xcess Cyber A PIP/A x is Information security & privacy insurance w ith electronic media liability coverage M LN624127.01/2018 $3,000,000 excess of $2,000,000 pool aggregate $4,000,000
7/1/20-6/30/21
Terrorism APIP/Lloyds Terrorism Ll oyds -
B0180PJ1900048
$100,000,000 per occurrence & aggregate
$100,000 deductible
7/1/20-6/30/21
SCHEDULE OF INSURANCE AS OF JUNE 30, 2021
EXHIBIT A
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Annual Comprehensive Financial Report FY 20 20 -21
Page | 196
STATISTICAL SECTION
Operating Information
CITY OF LIVERMORE
COVERAGE BROKER COVERAGE POLICY NO LIMITS T ERM
Deadly Weapon Respsonse Program APIP/Lloyds Claims Made and Reported PJ20000500004 $500,000 per occurrence & aggregate $2,500,000 deductible
7/1/20-6/30/21
Auto Physical Damage Hanover - Inland Marine Auto physical damage coverage for city-ow ned vehicles IH3 9163180-09 Per occurrence limit: $10,000,000 $10,000 deductible w ith replacement value as scheduled
7/1/20-6/30/21
Fiduciary AON/Travelers 457 Governmental money purchase plan and trust. 106945404 $1,000,000 for all claims, $100,000 for each settlement program notice.
7/1/20-6/30/21
DIC (Difference in Conditions)
Earthquake and Flood
AON - ACE: Westchester
Surplus Lines Insurance
Property coverage per schedule for damage from Earthquake or Flood as excluded from Property Program.
D3740021A009 $5,000,000 per occurrence w ith $5,000,000 annual aggregate; deductible is $25,000 for flood; 10% of
the separate insurable value subject to a minimum
of $100,000 per occurrence
7/1/20-6/30/21
DIC (Difference in Conditions)
Earthquake and Flood (Excess)
AON - Evanston Insurance
Company
Property coverage per schedule for damage from Earthquake or Flood as excluded from Property Program.
MKLV14XP014374 Additional $5,000,000 coverage 7/1/20-6/30/21 DIC (Difference in Conditions)
Earthquake and Flood (Excess)
AON - Arch Specialty
Insurance
Company
Property coverage per schedule for damage from Earthquake or Flood as excluded from Property Program.
ESP100342300 Additional $5,000,000 coverage 7/1/20-6/30/21 Public Employee Blanket Bond
(Crime/Fidelity)
AON – Great American
Insurance Group
Faithful performance, any dishonest act, including forgery, alteration, & theft Covers all employees statutorily required to maintain bonding.
GVT05217780700 Deductible is $10,000 per loss
Coverage is $500,000 per loss
7/1/20-6/30/21
Airport Liability AON/Old Republic Insurance Co. Airport liability / Hangerkeeper’s / Advertising / Vehicles / Non-ow ned aircraft / Fire Legal Liability / Products and Completed Operations / Premises PR00269702 $75,000,000 per occurrence w ith $0 deductible 7/1/20-6/30/21 Workers’ Compensation and Employer
Liability Primary Layer
City of Livermore - Self Insured
Retention
State Mandated w orkers’ compensation coverage for miscellaneous and safety member employees, including volunteers. Also covers employer liability not covered under statutory w orkers’ compensation coverage.
Not applicable Self Insured retention of $500,000 7/1/20-6/30/21 Workers’ Compensation and Employer
Liability Excess Coverage First Layer
Local Agency Workers’
Compensation Excess Joint
Pow ers Authority (LAWCX)
State mandated w orkers’ compensation coverage for miscellaneous and safety member employees, including volunteers. Also covers employer liability not covered under statutory w orkers’ compensation coverage. 2020-2021 MOC $5 million in excess of SIR of $500,000 per claim 7/1/20-6/30/21 Worker’s Compensation and Employer
Liability Reinsurance and Excess
Coverage Second Layer
PRISM, Reinsurance from ACE
American Insurance Co.
State mandated w orkers’ compensation coverage for miscellaneous and safety member employees, including volunteers. Also covers employer liability not covered under statutory w orkers’ compensation coverage.
PRISM- PE 20 EWC- 32 $50,000,000 each accident/each employee (Difference betw een $50,000,000 and the
individual member’s retention)
7/1/20-6/30/21
Worker’s Compensation and Employer
Liability Reinsurance and Excess
Coverage Third Layer
Liberty Insurance Corporation State mandated w orkers’ compensation coverage for miscellaneous and safety member employees, including volunteers. Also covers employer liability not covered under statutory w orkers’ compensation coverage.
EW7-444785-020 Statutory excess of $50,000,000 7/1/20-6/30/21 SCHEDULE OF INSURANCE AS OF JUNE 30, 2021
EXHIBIT A
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Annual Comprehensive Financial Report FY 20 20 -21
Page | 197
STATISTICAL SECTION
Successor Agency
CITY OF LIVERMORE
Category FY2015-16 F Y2016-17 FY2017-18 FY2018-19 FY2019-20 FY2020-21 Secured Assessed Values 605,121,061$ 669,402,838$ 724,912,255$ 758,981,194$ 791,094,983$ 822,520,189$ Unsecured Assessed Values 48,359,416 53,829,143 50,958,223 45,926,379 35,085,427 51,529,379 Total Assessed Values 653,480,477 723,231,981 775,870,478 804,907,573 826,180,410 874,049,568 Percentage Change 7.44% 10.67% 7.28% 3.74% 2.64% 5.79%
Base Year Assessed Values 70,060,057$ 70,060,057$ 70,060,057$ 70,060,057$ 70,060,057$ 70,060,057$ Incremental Assessed Values 583,420,420 653,271,924 705,810,421 734,847,516 756,120,353 803,989,511 Gross Tax Increment Revenue 6,058,269 6,874,820 7,445,163 7,580,878 7,803,155 8,120,693 Unitary Tax Revenues 22,544 20,139 26,881 33,058 34,184 34,184 Gross Revenues 6,080,813 6,894,959 7,472,044 7,613,936 7,837,339 8,154,877 Adjustments to Gross Revenues:
County Administrative Fees 43,624 46,546 48,779 58,375 52,352 53,869 Sections 33676 Payments 2,407 2,500 2,620 2,742 2,867 2,994 Tax Revenues 6,034,782$ 6,845,913$ 7,420,645$ 7,552,819$ 7,782,120$ 8,098,014$ Negotiation Pass-Through Payments 1,081,931 1,199,765 1,296,935 1,313,615 1,358,458 1,410,293 Statutory Pass-Through Payments 271,154 375,440 449,671 451,116 497,712 541,976 Net Tax Increment Revenues 4,681,697$ 5,270,708$ 5,674,039$ 5,788,088$ 5,925,950$ 6,145,745$ Source: The HDL Companies
Secured values include state assessed non-unitary utility property Represents section 33676 payments to the Bart, the Abatement District, the Community College and the Flood Control District Represents payments pursuant to the Pass-Through Agreements. Such payments were not subordinate to the payment of debt service on the 2001 Bonds but, because such payments are subordinate to the payment of debt service on the 2016 B
onds, are shown as such for purposes of showing historical Tax Revenues.
Represents statutory pass-through payments with respect to the Project Area required pursuant to AB 1290. Such payments were not subordinate to the payment of debt service on the 2016 Bonds, are shown as such for purposes of s
howing historical Tax Revenues
Livermore Successor Agency to the Former Redevelopment Agency Redevelopment Project
His torical Tax Revenues
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Page | 198
STATISTICAL SECTION
Successor Agency
CITY OF LIVERMORE
Total % of Total % of
FY 2020-21 Asse sse d Incremental
Asse sse e Land Use Asse sse d Va lue Value Value
ValleyCare Senior Housing Inc. Assisted Care Senior Housing Development 58,855,938$ 6.73% 7.32% Sequoia Equities Mill Springs Mill Springs Park Apartments 52,418,151 6.00% 6.52% Dorothy J. Anderson Trust (1) Orchard Hardware / Safeway Retail Center 38,732,371 4.43% 4.82% Hospital Comm Livermore Stanford Valleycare Medical Offices/Facilities 37,808,812 4.33% 4.70% Maroon Bear 2 LP Commercial Center - Livermore Ave at 1st Street 32,248,237 3.69% 4.01% 35 Fenton Street LLC The Watermark - Assisted Living 22,857,536 2.62% 2.84% Vine Center LLC Commercial Center - Vine Center 16,500,000 1.89% 2.05% Comcast of California Cable Television/Internet Facilities 15,872,218 1.82% 1.97% Serra LLC (1) Walgreens Pharmacy - 1st Street & SP Street 15,424,485 1.76% 1.92% Sai La Family LP et al and LAC et al Trader Joe's Home Furnishings Retail Center 12,914,027 1.48% 1.61% Top Ten Total 303,631,775$ 34.75% 37.76%
Total FY 2020-21 Assessed Valuation 874,049,568$ 100.00% Total FY 2020-21 Incremental Assessed Valuation 803,989,511$ 100.00% Source: The HDL Companies
Taxpayers have pending assessment appeals with respect to property within the Project Area.
Ten Largest Taxable Property Owners
Total No. of N o. of No. of Value of
Appeals Res olved Succe ssful Average Appeals Appeals
Filed Appeals Appeals AV Reduction Pending Pending
47 34 13 17.10% 12 58,727,431 $
Livermore Successor Agency to the Former Redevelopment Agency Appeals for FY 2015-16 to FY 2020-21
Asse ssme nt Appe a ls
EXHIBIT A
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Annual Comprehensive Financial Report FY 20 20 -21
Page | 199
STATISTICAL SECTION
Successor Agency
CITY OF LIVERMORE
Debt Service Debt
Gross Ta x SB 2557 Section 33676 on 2016 Service
Fis cal Year Revenues Charge Payments Tax Revenues Bonds Coverage 2016-17 6,894,959$ (46,546)$ (2,500)$ 6,845,913$ 2,151,702$ 3.18 2017-18 7,472,044 (48,779) (2,620) 7,420,645 2,073,969 3.58 2018-19 7,613,936 (58,375) (2,742) 7,552,819 2,075,969 3.64 2019-20 7,837,339 (52,352) (2,867) 7,782,120 2,074,969 3.75 2020-21 8,154,877 (53,869) (2,994) 8,098,014 2,075,969 3.90 2021-22 6,293,445 (46,309) (2,268) 6,214,867 2,073,719 3.00 2022-23 6,293,445 (46,309) (2,268) 6,214,867 2,078,219 2.99 2023-24 6,293,445 (46,309) (2,268) 6,214,867 2,068,969 3.00 2024-25 6,293,445 (46,309) (2,268) 6,214,867 2,071,469 3.00 2025-26 6,293,445 (46,309) (2,268) 6,214,867 2,074,969 3.00 2026-27 6,293,445 (46,309) (2,268) 6,214,867 2,073,519 3.00 2027-28 6,293,445 (46,309) (2,268) 6,214,867 2,070,569 3.00 2028-29 6,293,445 (46,309) (2,268) 6,214,867 2,076,581 2.99 2029-30 6,293,445 (46,309) (2,268) 6,214,867 2,070,481 3.00 2030-31 6,293,445 (46,309) (2,268) 6,214,867 2,075,175 2.99 2031-32 6,293,445 (46,309) (2,268) 6,214,867 - 0.00 2032-33 6,293,445 (46,309) (2,268) 6,214,867 - 0.00 1) FY 2016-17 through FY 2020-21 are based on actual
2) FY 2021-22 and on are the projections set forth in the official statement Livermore Successor Agency to the Former Redevelopment Agency (Assume s 0% Grow th)
Actual(1) and Projected (2) Tax Revenues and Debt Service Coverage Redevelopment Project
EXHIBIT A
365
EXHIBIT A
366
CITY OF LIVERMORE
ALAMEDA COUNTY TRANSPORTATION COMMISSION
MEASURE B FUNDS
FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED JUNE 30, 2021
EXHIBIT B
367
EXHIBIT B
368
CITY OF LIVERMORE
ALAMEDA COUNTY TRANSPORTATION COMMISSION
MEASURE B FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 2021
Page | i
Table of Contents
Page
Independent Auditor’s Report ................................................................................................................ 1
Financial Statements:
Balance Sheet .................................................................................................................................. 4
Statement of Revenues, Expenditures and Changes in Fund Balances .......................................... 5
Notes to Financial Statements .......................................................................................................... 6
Independent Auditor’s Report on Measure B Compliance ................................................................. 9
EXHIBIT B
369
Page | ii
EXHIBIT B
370
Page | 1
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Independent Auditor’s Report
The Honorable City Council
City of Livermore, California
Report on the Financial Statements
We have audited the accompanying Financial Statements of the Measure B Fund, a special revenue fund of City of Livermore, California (City), as of and for the year ended June 30, 2021, and the related notes to the financial statements.
Management's Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes 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.
Auditor's Responsibility
Our responsibility is to express opinions on these financial statements based on our audit. 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, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements 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 entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.
EXHIBIT B
371
Page | 2
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We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.
Opinions
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Measure B Fund of the City, as of June 30, 2021, and the change in financial position for the year then ended in accordance with accounting principles generally accepted in the United States of America.
Emphasis of Matter
As discussed in Note 1, the financial statements specific to Measure B are intended to present the financial position and the changes in financial position attributable to the transactions of that Fund. They do not purport to, and do not, present fairly the financial position of the City as of June 30, 2021, and the changes in its financial position for the year then ended in accordance with accounting principles generally accepted in the United States of America. Our opinion is not modified with respect to this matter.
Other Matters
Required Supplementary Information
Management has omitted management's discussion and analysis and budgetary comparison information 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 the 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.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated January 21, 2022, 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 solely 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 the effectiveness of the City’s 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.
Menlo Park, California
January 21, 2022
EXHIBIT B
372
Page | 3
EXHIBIT B
373
CITY OF LIVERMORE
ALAMEDA COUNTY TRANSPORTATION COMMISSION
MEASURE B FUNDS
Page | 4
BALANCE SHEET
As of June 30, 2021
Bicycle and Local Streets
Pedestrian and Roads Totals
ASSETS
Cash and Investments (Note 2) 337,659$ 2,260,769$ 2,598,428$ Measure B Direct Local Distribution
Program Receivable 66,673 248,339 315,012 Total Assets 404,332$ 2,509,108$ 2,913,440$
LIABILITIES
Accounts Payable 30,026$ 1,537$ 31,563$ Accrued Liabilities - 22,935 22,935 Total Liabilities 30,026 24,472 54,498
FUND BALANCES
Restricted for Measure B Programs
and Projects 374,306 2,484,636 2,858,942
Total Fund Balances 374,306 2,484,636 2,858,942 Total Liabilities & Fund Balances 404,332$ 2,509,108$ 2,913,440$ See accompanying notes to financial statements
EXHIBIT B
374
CITY OF LIVERMORE
ALAMEDA COUNTY TRANSPORTATION COMMISSION
MEASURE B FUNDS
Page | 5
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES For the Fiscal Year Ended June 30, 2021
Bicycle and Local Streets
Pedestrian and Roads Totals
REVENUES
Measure B Direct Local Distribution
Program Revenue
Direct Local Distribution Funds Allocation 327,356$ 1,219,325$ 1,546,681$ Interest 2,249 6,695 8,944
Total Program Revenues 329,605 1,226,020 1,555,625
EXPENDITURES
Measure B Direct Local Distribution
Expenses
General Government 384,175 52,356 436,531 Construction 511,970 569,492 1,081,462
Total Program Expenditures 896,145 621,848 1,517,993
REVENUES OVER (UNDER) EXPENDITURES/
NET CHANGE IN FUND BALANCE (566,540) 604,172 37,632
FUND BALANCES
Beginning Fund Balance 940,846 1,880,464 2,821,310 Ending Fund Balance 374,306$ 2,484,636$ 2,858,942$ See accompanying notes to financial statements
EXHIBIT B
375
CITY OF LIVERMORE
ALAMEDA COUNTY TRANSPORTATION COMMISSION
MEASURE B FUNDS
FOR THE YEAR ENDED JUNE 30, 2021
Page | 6
NOTES TO THE FINANCIAL STATEMENTS
NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
A. Reporting Entity
All transactions of the Measure B Direct Local Distribution (DLD) funds of the City of Livermore, California (City) distributed by Alameda County Transportation Commission (ACTC) - Measure B Program (Measure B Program), are combined with other ACTC fundings and reported as a separate special revenue fund in the basic financial statements of the City. The Measure B Program is used to account for the City’s share of DLD revenues earned and expenditures incurred under the City’s local streets and roads, and bike and pedestrian programs. The accompanying financial statements are for the Measure B Program only and are not intended to fairly present the financial position of the City and the results of its operations.
B. Basis of Accounting
The accompanying financial statements are prepared on the modified accrual basis of accounting. Revenues are generally recorded when measurable and available, and expenditures are recorded when the related liabilities are incurred.
The accounting and financial reporting treatment applied to a fund is determined by its measurement focus. All governmental funds are accounted for using a “current financial resources” measurement focus, wherein only current assets and current liabilities generally are included on the balance sheets. Operating statements of governmental funds present increased (revenues and other financing sources) and decreased (expenditures and other financing uses) in net current assets.
C. Description of Funds
The accounts are maintained on the basis of fund accounting. A fund is a separate accounting entity with a self- balancing set of accounts. The City uses Special Revenue Funds to account for the proceeds of specific revenues (other than for capital projects) that are legally restricted to be expended for specified purposes.
D. Capital Assets
Capital assets, consisting primarily of infrastructure, are recorded as expenditures and are not capitalized since they will be maintained by the City.
E. Use of Estimates
Management uses estimates and assumptions in preparing the financial statements. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosures of contingent assets and liabilities, and the reported revenues and expenses. Actual results could differ from those estimates.
EXHIBIT B
376
CITY OF LIVERMORE
ALAMEDA COUNTY TRANSPORTATION COMMISSION
MEASURE B FUNDS
FOR THE YEAR ENDED JUNE 30, 2021
Page | 7
NOTES TO THE FINANCIAL STATEMENTS
NOTE 2 – CASH AND INVESTMENTS
Cash and investments are maintained on a pooled basis with those of other funds of the City. Pooled cash and investments consist of U.S. Treasury or its agencies, money market funds investing in such obligations, medium term corporate notes that meet specified rating requirements, and the State Treasurer’s investment pool (Local Agency Investment Fund). All investments are stated at fair value. Pooled investment earnings are allocated based on the average cash and investment balances of the various funds and related entities of the City.
See the City’s Annual Comprehensive Financial Report for disclosures related to cash and investments and the related custodial risk categorization.
NOTE 3 – MEASURE B PROGRAM
Under Measure B, approved by the voters of Alameda County in 2000, the City receives a portion of the proceeds of an additional on -half cent sales tax to be used for transportation -related expenditures. This measure was adopted with the intention that the funds generated by the additional sales tax will not fund expenditures previously paid by property taxes but, rather, would be used for additional projects and programs.
Projects funded by Measure B 2000 were as follows:
Local Streets and Roads - To improve, repair, and overlay city streets.
Bike and Pedestrian - To provide sidewalk and ADA improvements and to implement the bikeway network.
EXHIBIT B
377
Page | 8
EXHIBIT B
378
Page | 9
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Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards
The Honorable City Council
City of Livermore, California
We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, the financial statements of the Measure B Fund (Measure B Fund) of the City of Livermore, California (City), as of and for the year ended June 30, 2021, and have issued our report thereon dated January 21, 2022. Our opinion included an emphasis of matter as discussed in Note 1, that the financial statements present only the Fund specific to Measure B Fund and are not intended to present fairly the financial position and results of operations of the City in conformity with accounting principles generally accepted in the United States of America.
Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we considered the City's internal control over financial reporting (Internal Control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the City's internal control.
Accordingly, we do not express an opinion on the effectiveness of the City's internal control.
A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.
Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over financial reporting that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses.
However, material weaknesses may exist that have not been identified.
EXHIBIT B
379
Page | 10
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Compliance and Other Matters
As part of obtaining reasonable assurance about whether the Measure B Fund's financial statements are free of material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, grant agreements including the applicable compliance requirements specified in the Measure B agreement between the City and Alameda County Transportation Commission, and noncompliance with which could have a direct and material effect on the financial statements.
However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.
Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the City's internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the City's internal control and compliance. Accordingly, this communication is not suitable for any other purpose.
Menlo Park, California
January 21, 2022
EXHIBIT B
380
CITY OF LIVERMORE
ALAMEDA COUNTY TRANSPORTATION COMMISSION
MEASURE BB FUNDS
FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED JUNE 30, 2021
EXHIBIT C
381
EXHIBIT C
382
CITY OF LIVERMORE
ALAMEDA COUNTY TRANSPORTATION COMMISSION
MEASURE BB FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 2021
Page | i
Table of Contents
Page
Independent Auditor’s Report ................................................................................................................ 1
Financial Statements:
Balance Sheet .................................................................................................................................. 4
Statement of Revenues, Expenditures and Changes in Fund Balances .......................................... 5
Notes to Financial Statements .......................................................................................................... 6
Independent Auditor’s Report on Measure BB Compliance .............................................................. 9
EXHIBIT C
383
Page | ii
EXHIBIT C
384
Page | 1
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Independent Auditor’s Report
The Honorable City Council
City of Livermore, California
Report on the Financial Statements
We have audited the accompanying Financial Statements of the Measure BB Fund, a special revenue fund of City of Livermore, California (City), as of and for the year ended June 30, 2021, and the related notes to the financial statements.
Management's Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes 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.
Auditor's Responsibility
Our responsibility is to express opinions on these financial statements based on our audit. 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, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements 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 entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.
EXHIBIT C
385
Page | 2
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We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.
Opinions
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Measure BB Fund of the City, as of June 30, 2021, and the change in financial position for the year then ended in accordance with accounting principles generally accepted in the United States of America.
Emphasis of Matter
As discussed in Note 1, the financial statements specific to Measure BB are intended to present the financial position and the changes in financial position attributable to the transactions of that Fund.
They do not purport to, and do not, present fairly the financial position of the City as of June 30, 2021, and the changes in its financial position for the year then ended in accordance with accounting principles generally accepted in the United States of America. Our opinion is not modified with respect to this matter.
Other Matters
Required Supplementary Information
Management has omitted management's discussion and analysis and budgetary comparison information 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 the 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.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated January 21, 2022, 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 solely 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 the effectiveness of the City’s 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.
Menlo Park, California
January 21, 2022
EXHIBIT C
386
Page | 3
EXHIBIT C
387
CITY OF LIVERMORE
ALAMEDA COUNTY TRANSPORTATION COMMISSION
MEASURE BB FUNDS
Page | 4
BALANCE SHEET
As of June 30, 2021
Bike and Local Streets
Pedestrian and Roads Total
ASSETS
Cash and Investments 466,429$ 2,183,871$ 2,650,300$ Measure BB Direct Local Distribution
Program Receivable 54,401 222,866 277,267 Total Assets 520,830$ 2,406,737$ 2,927,567$
LIABILITIES
Accounts Payable 43,729$ 423$ 44,152$ Accrued Liabilities 2,648 19,570 22,218 Total Liabilities 46,377 19,993 66,370
FUND BALANCE
Restricted for Measure BB Programs
and Projects 474,453 2,386,744 2,861,197
Total Fund Balances 474,453 2,386,744 2,861,197 Total Liabilities & Fund Balances 520,830$ 2,406,737$ 2,927,567$ See accompanying notes to financial statements
EXHIBIT C
388
CITY OF LIVERMORE
ALAMEDA COUNTY TRANSPORTATION COMMISSION
MEASURE BB FUNDS
Page | 5
Bike and Local Streets
Pedestrian and Roads Total
REVENUES
Measure BB Direct Local Distribution
Program Revenue
Direct Local Distribution Funds Allocation 267,598$ 1,096,283$ 1,363,881$ Interest 2,301 6,862 9,163
Total Program Revenues 269,899 1,103,145 1,373,044
EXPENDITURES
Measure BB Direct Local Distribution
Expense
General Government 125,213 48,432 173,645 Construction 479,781 509,110 988,891
Total Program Expenditures 604,994 557,542 1,162,536
REVENUES OVER (UNDER) EXPENDITURES/
NET CHANGE IN FUND BALANCE (335,095) 545,603 210,508
FUND BALANCES
Beginning Fund Balance 809,548 1,841,141 2,650,689 Ending Fund Balance 474,453$ 2,386,744$ 2,861,197$ See accompanying notes to financial statements
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES For the Fiscal Year Ended June 30, 2021
EXHIBIT C
389
CITY OF LIVERMORE
ALAMEDA COUNTY TRANSPORTATION COMMISSION
MEASURE BB FUNDS
FOR THE YEAR ENDED JUNE 30, 2021
Page | 6
NOTES TO FINANCIAL STATEMENTS
NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
A. Reporting Entity
All transactions of the Alameda County Transportation Commission - Measure BB Funds (Measure BB Funds) of the City of Livermore, California (City), are included as a separate special revenue fund in the basic financial statements of the City. The Measure BB Funds are used to account for the City’s share of revenues earned and expenditures incurred under the City’s local streets and roads, and bike and pedestrian programs. The accompanying financial statements are for the Measure BB Funds only and are not intended to fairly present the financial position of the City and the results of its operations.
B. Basis of Accounting
The accompanying financial statements are prepared on the modified accrual basis of accounting. Revenues are generally recorded when measurable and available, and expenditures are recorded when the related liabilities are incurred.
The accounting and financial reporting treatment applied to a fund is determined by its measurement focus.
All governmental funds are accounted for using a “current financial resources” measurement focus, wherein only current assets and current liabilities generally are included on the balance sheets. Operating statements of governmental funds present increased (revenues and other financing sources) and decreased (expenditures and other financing uses) in net current assets.
C. Description of Funds
The accounts are maintained on the basis of fund accounting. A fund is a separate accounting entity with a self-balancing set of accounts. The City uses Special Revenue Funds to account for the proceeds of specific revenues (other than for capital projects) that are legally restricted to be expended for specified purposes.
D. Capital Assets
Capital assets, consisting primarily of infrastructure, are recorded as expenditures and are not capitalized since they will be maintained by the City.
E. Use of Estimates
Management uses estimates and assumptions in preparing the financial statements. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosures of contingent assets and liabilities, and the reported revenues and expenses. Actual results could differ from those estimates.
EXHIBIT C
390
CITY OF LIVERMORE
ALAMEDA COUNTY TRANSPORTATION COMMISSION
MEASURE BB FUNDS
FOR THE YEAR ENDED JUNE 30, 2021
Page | 7
NOTES TO FINANCIAL STATEMENTS
NOTE 2 – CASH AND INVESTMENTS
Cash and investments are maintained on a pooled basis with those of other funds of the City. Pooled cash and investments consist of U.S. Treasury or its agencies, money market funds investing in such obligations, negotiable certificates of deposit, commercial paper and medium term corporate notes that meet specified rating requirements, mutual funds, guaranteed investment contracts, repurchase agreements, reverse repurchase agreements when authorized by the City’s Council, the State Treasurer’s investment pool (Local Agency Investment Fund), and banker's acceptances. The City did not enter into any reverse repurchase agreements during 2020-2021. All investments are stated at fair value. Pooled investment earnings are allocated quarterly based on the average quarterly cash and investment balances of the various funds are related entities of the City.
See the City’s Annual Comprehensive Financial Report for disclosures related to cash and investments and the related custodial risk categorization.
NOTE 3 – MEASURE BB FUNDS
Under Measure BB, approved by the voters of Alameda County in 2014, the City receives a portion of the proceeds of an additional 0.5 percent sales tax to be used for transportation -related expenditures. These measures were adopted with the intention that the funds generated by the additional sales tax will not fund expenditures previously paid by property taxes but, rather, would be used for additional projects and programs.
Projects funded by Measure BB 2014 were as follows:
Local Streets and Roads - To improve, repair, and overlay city streets.
Bike and Pedestrian - To provide sidewalk and ADA improvements and to implement the bikeway network.
NOTE 4 - COMMITMENTS AND CONTINGENCIES
The City participates in several grant programs. These programs have been audited by the City’s independent accountants in accordance with the provisions of applicable State requirements. No cost disallowances were proposed as a result of these audits; however, these programs are still subject to further examination by the grantors and the amount, if any, of expenditures which may be disallowed by the granting agencies cannot be determined at this time. The City expects such amounts, if any, to be immaterial.
EXHIBIT C
391
Page | 8
EXHIBIT C
392
Page | 9
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Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards
The Honorable City Council
City of Livermore, California
We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, the financial statements of the Measure BB Fund (Measure BB Fund) of the City of Livermore, California (City), as of and for the year ended June 30, 2021, and have issued our report thereon dated January 21, 2022. Our opinion included an emphasis of matter as discussed in Note 1, that the financial statements present only the Fund specific to Measure BB Fund and are not intended to present fairly the financial position and results of operations of the City in conformity with accounting principles generally accepted in the United States of America.
Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we considered the City's internal control over financial reporting (Internal Control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the City's internal control.
Accordingly, we do not express an opinion on the effectiveness of the City's internal control.
A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.
Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over financial reporting that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses.
However, material weaknesses may exist that have not been identified.
EXHIBIT C
393
Page | 10
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4040 Campbell Ave., Ste. 200 | Menlo Park, CA 94025- 1053 | T 650.522.3400 | F 650.645.7393 | EOE Compliance and Other Matters
As part of obtaining reasonable assurance about whether the Measure BB Fund's financial statements are free of material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, grant agreements including the applicable compliance requirements specified in the Measure BB agreement between the City and Alameda County Transportation Commission, and noncompliance with which could have a direct and material effect on the financial statements.
However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.
Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the City's internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the City's internal control and compliance. Accordingly, this communication is not suitable for any other purpose.
Menlo Park, California
January 21, 2022
EXHIBIT C
394
CITY OF LIVERMORE
ALAMEDA COUNTY TRANSPORTATION COMMISSION
VEHICLE REGISTRATION FEE PROGRAM (VRF)
FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED JUNE 30, 2021
EXHIBIT D
395
EXHIBIT D
396
CITY OF LIVERMORE
ALAMEDA COUNTY TRANSPORTATION COMMISSION
VEHICLE REGISTRATION FEE PROGRAM (VRF)
Financial Statements
For the Fiscal Year Ended June 30, 2021
Page | i
Table of Contents
Page
Independent Auditor’s Report ................................................................................................................ 1
Financial Statements:
Balance Sheet .................................................................................................................................. 4
Statement of Revenues, Expenditures and Changes in Fund Balance ........................................... 5
Notes to Financial Statements .......................................................................................................... 6
Independent Auditor’s Report on Vehicle Registration Fee Program Compliance ......................... 9
EXHIBIT D
397
Page | ii
EXHIBIT D
398
Page | 1
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Independent Auditor’s Report
The Honorable City Council
City of Livermore, California
Report on the Financial Statements
We have audited the accompanying Financial Statements of the Measure F Fund, a special revenue fund of City of Livermore, California (City), as of and for the year ended June 30, 2021, and the related notes to the financial statements.
Management's Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes 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.
Auditor's Responsibility
Our responsibility is to express opinions on these financial statements based on our audit. 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, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements 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 entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.
EXHIBIT D
399
Page | 2
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4040 Campbell Ave., Ste. 200 | Menlo Park, CA 94025- 1053 | T 650.522.3400 | F 650.645.7393 | EOE We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.
Opinions
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Measure F Fund of the City, as of June 30, 2021, and the change in financial position for the year then ended in accordance with accounting principles generally accepted in the United States of America.
Emphasis of Matter
As discussed in Note 1, the financial statements specific to Measure F are intended to present the financial position and the changes in financial position attributable to the transactions of that Fund. They do not purport to, and do not, present fairly the financial position of the City as of June 30, 2021, and the changes in its financial position for the year then ended in accordance with accounting principles generally accepted in the United States of America. Our opinion is not modified with respect to this matter.
Other Matters
Required Supplementary Information
Management has omitted management's discussion and analysis and budgetary comparison information 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 the 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.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated January 21, 2022, 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 solely 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 the effectiveness of the City’s 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.
Menlo Park, California
January 21, 2022
EXHIBIT D
400
Page | 3
EXHIBIT D
401
CITY OF LIVERMORE
ALAMEDA COUNTY TRANSPORTATION COMMISSION
VEHICLE REGISTRATION FEE PROGRAM (VRF)
Page | 4
BALANCE SHEET
As of June 30, 2021
Local Streets
and Roads
ASSETS
Cash and Investments 763,267$
Measure F Direct Local Distribution Program Receivable 71,542 Total Assets 834,809$
LIABILITIES
Accounts Payable -$
Accrued Liabilities -
Total Liabilities -
FUND BALANCE
Restricted for Measure F Programs and Projects 834,809
Total Fund Balances 834,809
Total Liabilities & Fund Balances 834,809$
See accompanying notes to financial statements
EXHIBIT D
402
CITY OF LIVERMORE
ALAMEDA COUNTY TRANSPORTATION COMMISSION
VEHICLE REGISTRATION FEE PROGRAM (VRF)
Page | 5
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE FOR THE FISCAL YEAR ENDED JUNE 30, 2021
Local Streets
and Roads
REVENUES
Measure F Direct Local Distribution Program Revenue
Direct Local Distribution Funds Allocation 419,593$
Interest 1,368
Total Program Revenues 420,961
EXPENDITURES
Measure F Direct Local Distribution Expenses
General Government 1,656
Construction -
Total Program Expenditures 1,656
REVENUES OVER (UNDER) EXPENDITURES
Net Change in Fund Balance 419,305
FUND BALANCE
Beginning Fund Balance 415,504
Ending Fund Balance 834,809$
See accompanying notes to the financial statements
EXHIBIT D
403
CITY OF LIVERMORE
ALAMEDA COUNTY TRANSPORTATION COMMISSION
VEHICLE REGISTRATION FEE PROGRAM (VRF)
FOR THE YEAR ENDED JUNE 30, 2021
Page | 6
NOTES TO FINANCIAL STATEMENTS
NOTE 1 - BACKGROUND
The Measure F Alameda County Vehicle Registration Fee Program (VRF) was approved by the voters in November 2010, with 63 percent of the vote. The collection of the $10 per year vehicle registration fee started in the first week of May 2011. The goal of th e VRF is to sustain the County’s transportation network and reduce traffic congestion and vehicle related pollution. The program includes four categories of projects:
• Local Road Improvement and Repair Program (60 percent) • Transit for Congestion Relief (25 percent)
• Local Transportation Technology (10 percent)
• Pedestrian and Bicycle Access and Safety Program (5 percent)
The Alameda County Transportation Commission administers the program and distributes an equitable share of the funds among the four planning areas of the county over successive five year cycles. Geographic equity will be measured by a formula, weighted 50 percent by population of the planning area and 50 percent of the registered vehicles of the planning area.
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Reporting Entity – All transactions of the VRF Program of the City of Livermore, California (City), are combined with other Alameda County Transportation Commission funds which are reported as a separate special revenue fund in the basic financial statements of the City. The VRF Program is used to account for the City’s share of revenues earned and expenditures incurred under the City’s local streets and roads program. The accompanying financial statements include VRF Funds only and are not intended to fairly present the financial position, results of operations and cash flows of the City in accordance with accounting principles generally accepted in the United States of America.
Basis of Accounting - The accompanying financial statements are prepared on the modified accrual basis of accounting. Revenues are generally recorded when measurable and available, and expenditures are recorded when the related liabilities are incurred.
The accounting and financial reporting treatment applied to a fund is determined by its measurement focus.
All governmental funds are accounted for using a “current financial resources” measurement focus, wherein only current assets and current liabilities generally are included on the balance sheets. Operating statements of governmental funds present increases (revenues and other financing sources) and decreases (expenditures and other financing uses) in net current assets.
Description of Funds - The accounts are maintained on the basis of fund accounting. A fund is a separate accounting entity with a self -balancing set of accounts. The City uses a Special Revenue Fund to account for the proceeds of specific revenues (other than for capital projects) that are legally restricted to be expended for specified purposes.
Use of Estimates – Management uses estimates and assumptions in preparing the financial statements. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosures of contingent assets and liabilities, and the reported revenues and expenses. Actual results could differ from those estimates.
EXHIBIT D
404
CITY OF LIVERMORE
ALAMEDA COUNTY TRANSPORTATION COMMISSION
VEHICLE REGISTRATION FEE PROGRAM (VRF)
FOR THE YEAR ENDED JUNE 30, 2021
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NOTES TO FINANCIAL STATEMENTS
NOTE 3 – CASH AND INVESTMENTS
Cash and investments are maintained on a pooled basis with those of other funds of the City. Pooled cash and investments consist of U.S. Treasury or its agencies, money market funds investing in such obligations, medium term corporate notes that meet specified rating requirements, guaranteed investment contracts and the State Treasurer’s investment pool (Local Agency Investment Fund). All investments are stated at fair value.
Pooled investment earnings are allocated based on the average cash and investment balances of the various funds and related entities of the City.
See the City’s Annual Comprehensive Financial Report for disclosures related to cash and investments and the related custodial risk categorization. The ACFR may be obtained from the City of Livermore, 1052 S.
Livermore Avenue, Livermore, CA, 94550.
EXHIBIT D
405
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EXHIBIT D
406
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4040 Campbell Ave., Ste. 200 | Menlo Park, CA 94025- 1053 | T 650.522.3400 | F 650.645.7393 | EOE
Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards
The Honorable City Council
City of Livermore, California
We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, the financial statements of the Measure F Fund (Measure F Fund) of the City of Livermore, California (City), as of and for the year ended June 30, 2021, and have issued our report thereon dated January 21, 2022. Our opinion included an emphasis of matter as discussed in Note 1, that the financial statements present only the Fund specific to Measure F Fund and are not intended to present fairly the financial position and results of operations of the City in conformity with accounting principles generally accepted in the United States of America.
Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we considered the City's internal control over financial reporting (Internal Control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the City's internal control.
Accordingly, we do not express an opinion on the effectiveness of the City's internal control.
A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.
Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over financial reporting that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses.
However, material weaknesses may exist that have not been identified.
EXHIBIT D
407
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4040 Campbell Ave., Ste. 200 | Menlo Park, CA 94025- 1053 | T 650.522.3400 | F 650.645.7393 | EOE
Compliance and Other Matters
As part of obtaining reasonable assurance about whether the Measure F Fund's financial statements are free of material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, grant agreements including the applicable compliance requirements specified in the Measure F agreement between the City and Alameda County Transportation Commission, and noncompliance with which could have a direct and material effect on the financial statements.
However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.
Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the City's internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the City's internal control and compliance. Accordingly, this communication is not suitable for any other purpose.
Menlo Park, California
January 21, 2022
EXHIBIT D
408
eidebailly.com
Independent Accountant’s Report on
Applying Agreed‐Upon Procedures Related To
The Article XIII‐B Appropriations Limit Calculation
For the Fiscal Year Ended June 30, 2021
City of Livermore, California
EXHIBIT E
409
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4040 Campbell Ave., Ste. 200 | Menlo Park, CA 94025-1053 | T 650.522.3400 | F 650.645.7393 | EOE 1 Independent Accountant’s Report on Applying Agreed‐Upon Procedures Related to the Article XIII‐B Appropriations Limit Calculation To the Honorable Mayor and Members of the City Council
of the City of Livermore
Livermore, California
We h
ave performed the procedures enumerated below, on the Appropriations Limit Calculation of the City of Livermore, California (City) prepared in accordance with Article XIII‐B of the California Constitution for the fiscal year ended June 30, 2021. The City’s management is responsible for the Appropriations Limit Calculation.
Th
e City has agreed to and acknowledged that the procedures performed are appropriate to meet the intended purpose of assisting the City in evaluating its Appropriations Limit Calculation and we will report on findings based on the procedures performed. This report may not be suitable for any other purpose. The procedures performed may not address all the items of interest to a user of this report and may not meet the needs of all users of this report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes.
The procedures performed and associated findings are as follows:
1. We obtained the completed worksheets setting forth the calculations necessary to establish the City's 2020‐2021 appropriations limit calculation and compared the limit and annual adjustment factors included in those worksheets to the limit and annual adjustment factors that were adopted by resolution of the City Council. We also compared the population and inflation options included in the aforementioned worksheets to those that were selected by a recorded vote of the City Council.
Fi
nding: No exceptions were found as a result of this procedure.
2. We added last year's limit to the annual adjustment amount and compared the resulting amount to the 2020‐2021 appropriations limit.
Fi
nding: No exceptions were found as a result of this procedure.
3. We compared the current year information to the worksheets described in No. 1 above.
Fi
nding: No exceptions were found as a result of this procedure.
4. We agreed the prior year appropriations limit to the prior year appropriations limit adopted by the City Council.
Fi
nding: No exceptions were no as a result of this procedure.
EXHIBIT E
410
2 We were engaged by the City to perform this agreed‐u pon procedures engagement and conducted our engagement in accordance with attestation standards established by the American Institute of Certified Public Accountants. We were not engaged to and did not conduct an examination or review, the objective of which would be the expression of an opinion or conclusion, respectively, on the City’s Appropriation Limit Calculation. Accordingly, we do not express such an opinion or conclusion. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you.
W
e are required to be independent of the City and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements related to our agreed‐u pon procedures engagement.
N
o procedures have been performed with respect to the determination of the appropriation limit for the base year, as defined by Article XIII‐B o
f the California Constitution.
T
his report is intended solely for the information and use of the City Council and management of the City and is not intended to be and should not be used by anyone other than those specified parties.
Menlo Park, California
January 21, 2022
EXHIBIT E
411
INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS To Honorable Mayor and Members
of the City Co
uncil of the City of Livermore
Livermore, California
We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the Unit ed States, the financial statements the of the governmental activities, business‐type activities, each major fund, and the aggregate remaining fund information of the City of Livermore, California, (City) as of and for the year ended June 30, 2021, and the related notes to the financial statements, which collectively comprise the City’s basic financial statements, an
d have issued our report thereon dated December 30, 2021, which contained an emphasis of matter paragraph regarding restatement of prior period net position in the governmental activities, governmental funds and fiduciary funds.
Internal Control over Financial Reporting
In plan ning and performing our audit of the financial statements, we considered the City’s internal control over financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the City’s internal control.
Accordingly, we do not express an opinion on the effectiveness of the City’s internal control.
A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corr ected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.
Our consider ation of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. Ho wever, material weaknesses may exist that have not been identified.
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4040 Campbell Ave., Ste. 200 | Menlo Park, CA 94025-1053 | T 650.522.3400 | F 650.645.7393 | EOE EXHIBIT F 412
Compliance and Other Matters
As part of obtaining reasonable assurance about whether the City’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the financial statements. However , providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.
Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity’s internal control or on compliance. This report is an integral part of an a udit performed in accordance with Government Auditing Standards in considering the entity’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.
Menlo Park, California
December 30, 2021
2 EXHIBIT F 413
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4040 Campbell Ave., Ste. 200 | Menlo Park, CA 94025-1053 | T 650.522.3400 | F 650.645.7393 | EOE 1 December 30, 2021
To Honorable Mayor and Members
of the City Council of the City of Livermore
Livermore, California
We have audited the financial statements of the City of Livermore, California (City) as of and for the year ended June 30, 2021, and have issued our report thereon dated December 30, 2021. Professional standards require that we advise you of the following matters relating to our audit.
Our Responsibility in Relation to the Financial Statement Audit under Generally Accepted Auditing Standards and Government Auditing Standards
As communicated in our letter dated June 1, 2021, our responsibility, as described by professional standards, is to form and express an opinion about whether the financial statements that have been prepared by management with your oversight are presented fairly, in all material respects, in accordance with accounting principles generally accepted in the United States of America. Our audit of the financial statements does not relieve you or management of its respective responsibilities.
Our responsibility, as prescribed by professional standards, is to plan and perform our audit to obtain reasonable, rather than absolute, assurance about whether the financial statements are free of material misstatement. An audit of financial statements includes consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control over financial reporting.
Accordingly, as part of our audit, we considered the internal control of the City solely for the purpose of determining our audit procedures and not to provide any assurance concerning such internal control.
We are also responsible for communicating significant matters related to the audit that are, in our professional judgment, relevant to your responsibilities in overseeing the financial reporting process.
However, we are not required to design procedures for the purpose of identifying other matters to communicate to you.
We have provided our comments regarding internal controls during our audit in our Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards dated the City.
Planned Scope and Timing of the Audit
We conducted our audit consistent with the planned scope and timing we previously communicated to you.
EXHIBIT G
414
2 Compliance with All Ethics Requirements Regarding Independence The engagement team, others in our firm, as appropriate, our firm, and other firms utilized in the engagement, if applicable, have complied with all relevant ethical requirements regarding independence.
Qualitative Aspects of the Entity’s Significant Accounting Practices Significant Accounting Policies
Management has the responsibility to select and use appropriate accounting policies. A summary of the significant accounting policies adopted by the City is included in Note 1 to the financial statements. As described in Note 9D, the City implemented during the current year GASB Statement No. 84, Fiduciary Activities and early adopted GASB Statement No. 98, the Annual Comprehensive Financial Report. The adoption of GASB Statement No. 98 had no significant impact on the City’s financial statements. As a result of adopting GASB Statement No. 84, the City updated the presentation of the fiduciary funds to include custodial fund financial statements, which included a restatement to beginning net position that is further described in Note 9D.
No matters have come to our attention that would require us, under professional standards, to inform you about (1) the methods used to account for significant unusual transactions and (2) the effect of significant accounting policies in controversial or emerging areas for which there is a lack of authoritative guidance or consensus.
Significant Accounting Estimates
Accounting estimates are an integral part of the financial statements prepared by management and are based on management’s current judgments. Those judgments are normally based on knowledge and experience about past and current events and assumptions about future events. Certain accounting estimates are particularly sensitive because of their significance to the financial statements and because of the possibility that future events affecting them may differ markedly from management’s current judgments.
The most sensitive accounting estimates affecting the financial statements are related to the City Pension, Other Postemployment Benefits (OPEB) and insurance liabilities.
Management’s estimate of these is based on actuarial estimated performed by management specialists. We evaluated the key factors and assumptions used to develop these actuarial estimates and determined that it is reasonable in relation to the basic financial statements taken as a whole.
Financial Statement Disclosures
Certain financial statement disclosures involve significant judgment and are particularly sensitive because of their significance to financial statement users. The most sensitive disclosures affecting the City’s financial statements relate to: the Discount rates used in estimated pension and OPEB liabilities.
Significant Difficulties Encountered during the Audit
We encountered no significant difficulties in dealing with management relating to the performance of the audit.
EXHIBIT G
415
3 Uncorrected and Corrected Misstatements
For purposes of this communication, professional standards require us to accumulate all known and likely misstatements identified during the audit, other than those that we believe are trivial, and communicate them to the appropriate level of management. Further, professional standards require us to also communicate the effect of uncorrected misstatements related to prior periods on the relevant classes of transactions, account balances or disclosures, and the financial statements as a whole. There were no uncorrected or corrected missstatements identified as a result of our audit procedures.
Disagreements with Management
For purposes of this letter, professional standards define a disagreement with management as a matter, whether or not resolved to our satisfaction, concerning a financial accounting, reporting, or auditing matter, which could be significant to the financial statements or the auditor’s report. No such disagreements arose during the course of the audit.Representations Requested from Management Representations Requested from Management
We have requested certain written representations from management which are included in the management representation letter dated December 30, 2021.
Management’s Consultations with Other Accountants
In some cases, management may decide to consult with other accountants about auditing and accounting matters. Management informed us that, and to our knowledge, there were no consultations with other accountants regarding auditing and accounting matters.
Other Significant Matters, Findings, or Issues
In the normal course of our professional association with the City, we generally discuss a variety of matters, including the application of accounting principles and auditing standards, operating conditions affecting the entity, and operating plans and strategies that may affect the risks of material misstatement. None of the matters discussed resulted in a condition to our retention as the City’s auditors.
Other Information in Documents Containing Audited Financial Statements Pursuant to professional standards, our responsibility as auditors for other information in documents containing the City’s audited financial statements does not extend beyond the financial information identified in the audit report, and we are not required to perform any procedures to corroborate such other information.
However, in accordance with such standards, we will review the information inputted into the data collection form and will consider whether such information, or the manner of its presentation, is materially consistent with the financial statements.
Our responsibility also includes communicating to you any information which we believe is a material misstatement of fact. Nothing came to our attention that caused us to believe that such information, or its
EXHIBIT G
416
4 manner of presentation, is materially inconsistent with the information, or manner of its presentation, appearing in the financial statements.
The financial statements include investment in Livermore Pleasanton Fire Department (Department) using the equity interest method, which we considered to be a significant component of the financial statements of the governmental activities of the City. Consistent with the audit of the financial statements as a whole, our audit included obtaining an understanding of the Department and their environment, including internal control, sufficient to assess the risks of material misstatement of the financial statements of Department and completion of further audit procedures
The financial statements include investment in Livermore Amador Valley Water Management Agency (Agency) using the equity interest method, which we considered to be a significant component of the financial statements of the Water Fund and Business-Type Activities. The financial statements of the Agency were audited by other auditors. Eide Bailly assumed responsibility for the audit of the financial statements of the Agency and no reference is made in the auditor’s report to the other auditor. Consistent with the audit of the financial statements as a whole, our audit included obtaining an understanding of the Agency and its environment, including internal control, sufficient to assess the risks of material misstatement of the financial statements of the City and completion of further audit procedures. Additionally, our audit procedures included obtaining and reading their auditor’s report and the related financial statements Modification of the Auditor’s Report
We have made the following modification to our auditor’s report.
We added emphasis of matter paragraphs to our Independent Auditor’s Report for the implementation of GASB Statement No. 84, Fiduciary Activities. Our opinions were not modified with respect to these matters.
This report is intended solely for the information and use of the governing board, and management of the City and is not intended to be, and should not be, used by anyone other than these specified parties.
Menlo Park, California
EXHIBIT G
417
CITY COUNCIL STAFF REPORT
ITEM NO. 5.8
DATE:
February 28, 2022
TO:
Honorable Mayor and City Council
FROM:
Christine Martin, Assistant City Manager
SUBJECT:
Resolution of a continued local emergency and reauthorizing remote teleconference meetings for City of Livermore's legislative bodies in accordance with Assembly Bill 361
RECOMMENDED ACTION
Staff recommends City Council adopt a resolution of a continued local emergency and reauthorizing remote teleconference meetings for City of Livermore's legislative bodies in accordance with Assembly Bill 361.
SUMMARY
On March 16, 2020, the City Council adopted a resolution ratifying the Proclamation of the Director of Emergency Services concerning the existence of a local emergency (Resolution No. 2020-033). On June 8, July 27, September 14, November 9, December 14, 2020, February 8, March 22, May 10, June 28, July 26, September 13, October 25, November 22, December 13, 2021, January 10, and February 14, 2022, the City Council adopted resolutions of Continued Local Emergency. California Government Code section 8630 directs the City Council to review the need for continuing the local emergency at least once every 60 days.
On September 16, 2021, the Governor signed Assembly Bill 361 (“AB 361”) into law, allowing the City’s legislative bodies to continue to meet via teleconference during proclaimed states of emergency under modified Brown Act requirements when a state of emergency is declared by the Governor pursuant to Government Code section 8625, proclaiming the existence of conditions of disaster or of extreme peril to the safety of persons and property within the state caused by conditions as described in Government Code section 8558. AB 361 further requires that state or local officials have imposed or recommended measures to promote social distancing, or, the legislative body meeting in person would present imminent risks to the health and safety of attendees. AB 361 requires reauthorization every 30 days.
DISCUSSION
An outbreak of coronavirus disease 2019 (COVID-19) caused by the 2019 novel coronavirus (SARS- CoV-2) began in Wuhan, Hubei Province, China in December 2019, and has now spread throughout the 418
world.
On March 1, 2020, the Health Officer of Alameda County declared a public health emergency throughout the County of Alameda.
On March 4, 2020, the Governor of California proclaimed a state of emergency exists in California after making determinations that:
1 .
The conditions caused by COVID-19 are likely to require the combined forces of a mutual aid region or regions to appropriately respond; and,
2 .
Local authority is inadequate to cope with the threat posed by COVID-19.
On March 12, 2020, the Alameda County Department of Public Health confirmed evidence of community-acquired transmission.
On March 13, 2020, the President of the United States of America declared a National state of emergency in response to the spread of COVID-19 within the United States of America.
On March 13, 2020, the City Manager declared a Local Emergency. The declaration was based upon the Alameda County Department of Health confirming evidence of community-acquired transmission within Alameda County and the President of the United States declaring a National state of emergency.
On March 16, 2020, the City Council adopted a resolution ratifying the declaration of local emergency (Resolution No. 2020-033).
On June 8, July 27, September 14, November 9, December 14, 2020, February 8, March 22, May 10, June 28, July 26, September 13, October 25, November 22, December 13, 2021, January 10, and February 14, 2022, the City Council adopted resolutions of continued local emergency (Resolution Nos. 2020-78, 2020-133, 2020-166, 2020-207, 2020-235, 2021-018, 2021-037, 2021-063, 2021-112, 2021- 140, 2021-155, 2021-179, 2021-195, 2021-217, 2022-006, and 2022-016, respectively).
The state and Alameda County continue to monitor COVID-19 case rates and hospitalizations, as well as variants such as Delta and Omicron, and the state is still requiring face coverings in some indoor settings, and for all unvaccinated individuals two years of age and older.
Additionally, local provisions
granted under the emergency proclamation such as outdoor dining and eligibility for funding reimbursement remain in effect as the City continues to recover. Therefore, the emergency conditions identified by the proclamation of local emergency still exist.
Staff recommends the City Council continue the proclamation of emergency services ratified on March 16, 2020 and continued June 8, July 27, September 14, November 9, December 14, 2020, February 8, March 22, May 10, June 28, July 26, September 13, October 25, November 22, December 13, 2021, January 10, and February 14, 2022, and continue to authorize teleconference meetings of the City's legislative bodies in accordance with AB 361.
FISCAL AND ADMINISTRATIVE IMPACTS
The continuance of a Local Emergency allows the City to access federal, state and county resources, including potential financial reimbursements.
419
ATTACHMENTS
1. Resolution
Prepared by: Christine Martin
Assistant City Manager
Approved by:
____________________________________
Marc Roberts
City Manager
Fiscal Review by:
____________________________________
Bhavna Chaudhary
City Treasurer/Finance Manager
420
RESOLUTION NO. _______
IN THE CITY COUNCIL OF THE CITY OF LIVERMORE, CALIFORNIA
A RESOLUTION OF CONTINUED LOCAL EMERGENCY AND
REAUTHORIZING REMOTE TELECONFERENCE MEETINGS FOR THE
CITY OF LIVERMORE’S LEGISLATIVE BODIES IN ACCORDANCE
WITH ASSEMBLY BILL 361
On March 4, 2020, the Governor of the State of California (the “Governor”) proclaimed a statewide state of emergency due to COVID-19.
On March 1 and 5, 2020, the Alameda County Health Officer (the “Health Officer”) declared a Local Health Emergency due to COVID-19.
On March 16, 2020, the City Council adopted a resolution, Ratifying the Proclamation of the Director of Emergency Services Concerning the Existence of a Local Emergency (Resolution No. 2020-033). The local emergency proclamation concerned conditions of extreme peril to the safety of persons and property, which have arisen within the city of Livermore due to the COVID-19 pandemic.
All meetings of the City of Livermore’s legislative bodies are open and public, as required by the Brown Act (Cal. Gov. Code sections 54950 et seq.), so that any member of the public may attend, participate, and watch the City’s legislative bodies conduct their business.
The City Council has regularly adopted resolutions determining the need for continuing the local emergency pursuant to California Government Code section 8630 (Resolution Nos. 2020-078, 2020-133, 2020-166, 2020-207, 2020-235, 2021-018, 2021- 037, 2021-063, 2021-112, 2021-140, 2021-155, 2021-179, 2021-195, 2021-217, 2022- 006, and 2022-016).
On February 14, 2022, the City Council adopted Resolution 2022-016 reaffirming that a local emergency still exists, and that in-person meetings of the City’s legislative bodies would present imminent risks to the health or safety of attendees and authorized the City’s legislative bodies to continue to meet via teleconferencing under modified Brown Act requirements.
The public health officers for the State of California and the County of Alameda continue to monitor transmission, case rates, and hospitalizations of COVID-19 and associated variants (including Delta and Omicron) and continue to require face coverings in certain indoor settings and recommend vaccination, boosters, and social distancing.
Due to these conditions, City staff reported that the emergency conditions identified by the previous emergency proclamation still exist today. Staff also recommended the City Council continue to authorize teleconference meetings of the City’s legislative bodies.
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RESOLUTION NO. _______
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Livermore that it has reviewed the March 13, 2020, proclamation of local emergency ratified on March 16, 2020, by Resolution No. 2020-033, and hereby finds that conditions warrant continued maintenance of that proclamation of local emergency due to the COVID-19 pandemic.
BE IT FURTHER RESOLVED by the City Council of the City of Livermore that:
1. The Recitals set forth above are true and correct and are incorporated into this Resolution by this reference.
2. The City Council has reviewed the March 13, 2020, proclamation of local emergency that the City Council ratified on March 16, 2020 (Resolution No. 2020-033) and finds that conditions warrant continued maintenance of that proclamation of local emergency due to the COVID-19 pandemic.
3. The City Council has reconsidered the circumstances of the state of emergency and has determined that the state of emergency continues to impact the ability of members of the City's legislative bodies to meet safely in person. In-person meetings of the City's legislative bodies would present imminent risks to the health or safety of attendees. The City continues to impose measures to promote social distancing in City- owned and operated facilities.
4. The staff and legislative bodies of the City of Livermore are hereby reauthorized and directed to take all actions necessary to carry out the intent and purpose of this Resolution including, conducting open and public meetings in accordance with Government Code section 54953(e) and other applicable provisions of the Brown Act.
5. This Resolution shall take effect immediately upon its adoption and shall be effective until the earlier of March 30, 2022, or such time the City Council makes subsequent findings in accordance with Government Code section 54953(e)(3) to extend the time during which the legislative bodies of the City of Livermore may continue to teleconference without compliance with Government Code section 54953(b)(3).
6. If any section, subsection, clause, or phrase in this Resolution is for any reason held invalid, the validity of the remainder of this Resolution shall not be affected thereby. The City Council would have passed this Resolution and each section, subsection, sentence, clause, or phrase thereof, irrespective of the fact that one or more sections, subsections, sentences, clauses, or phrases thereof be held invalid. 422
RESOLUTION NO. _______
On motion of Council Member , seconded by
Council Member , the foregoing resolution was passed
and adopted on February 28, 2022, by the following vote:
AYES: COUNCIL MEMBERS:
NOES: COUNCIL MEMBERS:
ABSENT: COUNCIL MEMBERS:
ABSTAIN: COUNCIL MEMBERS:
ATTEST: APPROVED AS TO FORM:
/s/ Jason R. Alcala
Marie Weber Jason R. Alcala
City Clerk City Attorney
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CITY COUNCIL STAFF REPORT
ITEM NO. 7.1
DATE:
February 28, 2022
TO:
Honorable Mayor and City Council
FROM:
Scott Lanphier, Public Works Director
SUBJECT:
Discussion and direction related to the results of a public opinion poll for an Asset Management Revenue Measure
RECOMMENDED ACTION
Staff recommends the City Council receive results of a public opinion poll and direct staff not to proceed with a revenue measure.
SUMMARY
On September 27, 2021, City Council directed staff to conduct a public opinion research poll to gauge support for a potential new infrastructure revenue measure. Staff entered into a contract with a consulting firm to assist with this effort and polling occurred from November 6-14, 2021. The results from this poll indicate Livermore voters have a positive view of the City's direction and a majority approve of the City of Livermore government. However, a majority of respondents are opposed to an infrastructure- focused funding measure. Therefore, staff recommends Council direct staff not to pursue a revenue measure.
DISCUSSION
The City’s infrastructure is vital to maintaining community character, ensuring public safety, and encouraging economic vitality. The City of Livermore owns over $3 billion in assets. While approximately $1 billion of enterprise infrastructure, such as the water and sewer systems, is maintained and replaced through user fees, more than $2 billion of City infrastructure competes for General Fund dollars. Due to limited funding, many maintenance tasks and replacement of assets have been deferred.
To address this issue, the City Council selected Asset Management as a City Goal and Priority in 2015, 2017, 2019, and added an emphasis on Stormwater in 2021. Council has directed the implementation of a variety of policies and projects to reduce long-term funding needs. However, the findings of the Asset Management program show that there remains a significant gap between resources and needs, and that additional policy direction and funding will be required to properly repair and replace the various infrastructure systems.
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On September 27, 2021, City Council directed staff to conduct a public opinion research poll of Livermore voters to gauge support for a potential new revenue measure to support City infrastructure.
On October 29, 2021, the City executed an agreement with the consulting firm Terris Barnes Walters Boigon Health Lester Inc., d/b/a Props & Measures to lead this effort. Props & Measures hired subconsultants FM3 to complete a random sample of 461 interviews online and via phone with likely November 2022 Livermore voters. This poll was conducted from November 6-14, 2021.
The study found that voters are largely satisfied with Livermore's city government (56% approve) and the overall direction of the City (57% approve). However, a majority of respondents say they would vote "no" on a potential half-cent sales tax measure to support infrastructure (46% support; 51% oppose ). Even
when educational statements explaining the need and critical statements opposing a measure are presented, voters are not dramatically moved in either direction. A general sales tax measure requires 50% plus 1 to pass.
Based on these results, staff does not recommend moving forward with a revenue measure.
Staff will continue to work on the Asset Management and Stormwater Management Council Goal, focusing on community outreach, and policies, projects, and practices to efficiently maintain community- owned infrastructure. Community outreach will include working with the Community Asset Management Program (CAMP) Outreach Committee to share information about community-owned infrastructure with residents and business owners. To increase the community’s awareness about the City’s infrastructure and to gather public feedback, the CAMP Outreach Committee will continue to develop newsletter articles, social media posts, educational videos, asset fact sheets, a “Community Connections Campaign,” and an infrastructure dashboard to visualize budgetary funding decisions.
FISCAL AND ADMINISTRATIVE IMPACTS
Funds for all contractor work related to the public opinion poll are included in the City's 2021-2022 General Fund budget with a not-to-exceed amount of $95,000. No addition funds are necessary to continue efforts on the Asset Management and Stormwater Management Council Goal and Priority.
ATTACHMENTS
1. Poll Results
Prepared by: Debbie Bell
Management Analyst II
Approved by:
____________________________________
Marc Roberts
City Manager
Fiscal Review by:
____________________________________
Bhavna Chaudhary
City Treasurer/Finance Manager
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PROPS & MEASURES STRATEGY & COMMUNICATIONS • 415.291.1894 • [email protected] • WWW.PROPSANDMEASURES.COM • SAN FRANCISCO · LOS ANGELES To: Debbie Bell, Management Analyst II, Public Works Department City of Livermore
From: Jared Boigon, Props & Measures Inc.
Date: February 15, 2022
Re: Analysis of voter research
Hi Debbie –
Attached is a summary memo from our subconsultant, FM3 Research, regarding the scientific survey of City voters conducted recently.
The survey results include very positive information about the direction of the City, including strong confidence in the direction of City Government. These numbers compare very favorably with numbers we’ve seen in other jurisdictions.
At this time, voters’ opinions are divided on a potential sales tax proposal, in large part because they don’t perceive a great need for more funds to maintain the services and infrastructure they value so highly.
Please let me know if you have further questions about this information.
ATTACHMENT 1
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TO TBWBH Props & Measures
FROM FM3 Research
RE: Livermore Community Survey Results
DATE February 10, 2022
Fairbank, Maslin, Maullin, Metz & Associates (FM3) recently completed a survey of Livermore voters to assess their views of key issues facing the community, including gauging support for a potential revenue measure to support City services and infrastructure.i The study found that voters are largely satisfied with the direction of the City overall, and approve of their municipal government. However, relatively few see a "great need" for additional funding -- and they are at best mixed about a potential sales tax measure.
Key findings of the survey include:
• Voters are happy with the direction of the City. Overall, 57% say things are headed in the "right direction," while one-third (33%) say things are headed on the wrong track. • A majority approves of City of Livermore government. A majority (56%) approves of the City of Livermore government, while one-third (34%) say they disapprove (see Figure 1).
Figure 1: Approval of City Government
We’d like to know what you think of different levels of local government. For each, please indicate whether you strongly approve, somewhat approve, somewhat disapprove, or strongly disapprove of that level of local government: The City of Livermore government
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• At this time , there is not a strong sense of need for more funds for basic services or repairing and maintaining local infrastructure. Voters were asked whether they believe the City n eeds additional funding for either "basic City services" or to "repair and maintain infrastructure." On the former, while 54% say there is at least "some need" for additional funding, just 13% say the need is "great." On the latter, numbers are similar -- 12% "great need," and 52% "great" or "some need."
• Opinions are divided on a sales tax. As shown in Figure 2, 46% of voters say they would vote "yes" on a potential half-cent sales tax measure to invest in general City infrastructure and services . A majority (51%) oppose it, with 39% saying they would "definitely" vote no. Even after educational statements explaining the need and critical statements opposing a measure are presented, voters are not dramatically moved in either direction from their current top of mind views, with 46% in favor at the end of the survey.
Figure 2: Support for a Potential Sales Tax Measure
• Voters prioritize protecting water quality, maintaining 911 and fire response, and keeping public areas safe and clean as uses of City funds. Figure 3 below shows areas for City services that at least three in ten voters prioritized as "extremely" or "very important" to them should new funding be made available. These largely have to do with public safety services and investments that would protect water quality and prevent pollution.
Figure 3: Priorities for City Spending
% Rating "Extremely" or "Very Important," 60% or More
Priority Area % Extremely/
Very Important
Protecting local drinking water sources from toxins and pollution 79% Maintaining rapid 911 response times 77%
Protecting local groundwater supplies 72%
Keeping public areas safe and clean 72%
Maintaining fire protection 71%
Improving and protecting water quality 70%
Protecting groundwater from toxins and pollution 69%
Improving the ability of the police to deal with mental health emergencies including with people who are homeless 69%
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In sum, Livermore voters are largely satisfied with City government. Relatively few see a "great need" for additional funding -- an attitude borne out by their low support for a potential finance measure at this time. i Methodology: From Nov. 6-14, 2021, FM3 completed a survey consisting of a random sample of 461 interviews online and via landline and cell phones with likely November 2022 voters in Livermore. The margin of sampling error for the study is +/-4.9% at the 95% confidence level. Due to rounding, not all totals will sum to 100%.
ATTACHMENT 1
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CITY COUNCIL STAFF REPORT
ITEM NO. 7.2
DATE:
February 28, 2022
TO:
Honorable Mayor and City Council
FROM:
Jason Alcala, City Attorney
SUBJECT:
Default Local Campaign Contribution Limits.
RECOMMENDED ACTION
Staff recommends City Council receive the report on the State's default campaign contribution limit for elective city offices in Livermore, and provide direction if appropriate.
SUMMARY
In 2018, the City Council concluded a comprehensive review of Livermore’s local campaign regulations and amended the Livermore Municipal Code to remove the $250 campaign contribution limit.
In 2019, the State established a default campaign contribution limit in the amount of $4,900 for elective city offices in cities that do not have their own local campaign contribution limits.
Therefore, commencing with Livermore’s 2022 General Municipal Election, a person is prohibited from making a contribution to a candidate for elective city office, and a candidate for elective city office is prohibited from accepting a contribution, totaling more than $4,900.
DISCUSSION
The Political Reform Act (PRA) was approved by California voters in 1974 to establish a comprehensive set of regulations for campaign financing, lobbying activity, and conflicts of interest in California. The PRA expressly allows cities to enact local campaign contribution limits.
In 1986, Livermore adopted local regulations for campaign contributions and established a $100 campaign contribution limit. In 2004, the City increased the campaign contribution limit to $250.
In 2017 and 2018, the City Council engaged in a comprehensive review of Livermore’s local campaign regulations. After due consideration, the City Council determined the $250 campaign contribution limit was too low in light of costs to mount an effective campaign in Livermore, and amended the Livermore Municipal Code to remove the $250 limit. The result was that Livermore no longer had a local campaign 430
contribution limit.
In 2019, the California State legislature enacted AB 571 (2019) and established a default campaign contribution limit in the amount of $3,000 per election for cities without local campaign contribution limits.
That limit mirrored the contribution limits for State Senate and Assembly elections.
Operative January 1, 2021, the bill provides that a person shall not make to a candidate for elective city office, and that a candidate for elective city office shall not accept from a person, a contribution totaling more than the default limit per election. That bill also authorizes the Fair Political Practices to adjust the default limit, which it has increased to the current limit $4,900, which can be found on its website using the following link:
https://www.fppc.ca.gov/learn/campaign-rules/state-contribution-limits.html . The default
contribution limit is administered and enforced by the Fair Political Practices Commission. Attachment 1 to this staff report is a fact sheet containing the Fair Political Practices Commission's analysis of the bill.
Since Livermore no longer has a local campaign contribution limit, the State's $4,900 default limit applies for local elective city offices.
Nevertheless, the bill allows Livermore to establish a different limit that is more precisely tailored to its local community needs. If Livermore establishes a different contribution limit, then it should also consider adopting local enforcement standards, including the imposition of administrative, civil, and criminal penalties for violations of that limit since the Fair Political Practices Commission is not responsible for the administration and enforcement of different local contribution limits.
The bill includes additional contribution limits such as limitations on a candidate’s personal loan to the candidate’s campaign, as well as limits on post-election contributions to pay debts outstanding from the election.
Lastly, the bill expressly excludes small contributor committees and political party committees from the default contribution limits, and allows candidates to establish committees to oppose recall measures or elections without regard to the default campaign contribution limit.
As always, candidates for elective city office in Livermore are advised to review this bill and all other provisions in the California Government Code and the California Elections Code to avoid inadvertently violating those regulations. The Fair Political Practices Commission contains additional information and guidance for candidates.
Staff recommends the City Council receive this report. Staff is not seeking direction, but they are prepared to receive direction should the City Council wish to pursue a local campaign contribution limit that is different than the default limit.
FISCAL AND ADMINISTRATIVE IMPACTS
There are no fiscal or administrative impacts from this item other than the staff time and resources to research and prepare this report. However, additional staff time, resources, and costs may be incurred if the City Council directs staff to develop an ordinance for its consideration to establish a different local campaign contribution limit, as well as for its subsequent administration and enforcement.
ATTACHMENTS
431
1. FPPC Fact Sheet
Prepared by: Jason Alcala
City Attorney
Approved by:
____________________________________
Marc Roberts
City Manager
Fiscal Review by:
____________________________________
Bhavna Chaudhary
City Treasurer/Finance Manager
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Fair Political Practices Commission
Contribution Limits: City and County Candidates1
Introduction
Pursuant to Assembly Bill 571 (Stats. 2019, Ch. 556, AB 571 Mullin), beginning January 1, 2021 a state campaign contribution limit will by default apply to city and county candidates when the city or county has not already enacted a contribution limit on such candidates. Along with the new campaign contribution limit, there are also other related provisions that formerly applied only to state level candidates that will now apply to city and county candidates. Please note that none of the provisions of AB 571 discussed in this fact sheet apply to candidates in cities or counties for which the city or county has enacted campaign contribution limits.
Current State Contribution Limit
The contribution limit that will now apply to city and county candidates pursuant to AB 571 is updated biennially for inflation. Contribution limits can be found in Regulation 18545(a)2 and on the FPPC website’s FPPC Regulations page. The default limit for contributions to city and county candidates subject to AB 571 for 2021-2022 is set at $4,900 per election.
Other Provisions Affecting City and County Candidates
Several other provisions will now apply to city and county candidates in jurisdictions that have not enacted campaign contribution limits, including the following:
• A candidate may not make a contribution over the AB 571 limit to another candidate in jurisdictions subject to the AB 571 limit with limited exceptions related to recall elections, legal defense funds and candidate- controlled ballot measure committees. (See Regulation 18535 for more information.)
• A candidate that has qualified as a committee must establish a separate controlled committee and campaign bank account for each specific office. Candidates may not redesignate a committee for one election for another election.
• Candidates may transfer non -surplus campaign funds from one candidate- controlled committee to another committee controlled by the same candidate for a different office if the committee receiving the transfer is for an elective state, county or city office. However, contributions transferred must be attributed and transferred using the “last in, first out” or “first in, first out” accounting method and www.fppc.ca.gov
FPPC advice: [email protected] 1.866.275.3772
FPPC Ed. Pro. 086-10-2021 Page 1 of 8
ATTACHMENT 1
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shall not exceed the applicable contribution limit per contributor. If a candidate is seeking to transfer campaign funds from one controlled committee to another for the same office a candidate may carry over non-surplus campaign funds raised in connection with one election to pay for campaign expenditures incurred in connection with a subsequent election for the same office without attributing or using the “last in, first out” or “first in, first out” accounting method. (See Regulation 18536 for more information on the transfer and attribution of contributions and See Regulation 18537.1 for more information on carryover of contributions.)1
• Candidates may not personally loan to a candidate’s campaign an amount for which the outstanding balance exceeds $100,000. “Campaign” includes both the primary and general, or special and special runoff, elections. However, a candidate may loan each committee for a different office or term of office up to $100,000. A candidate may not charge interest on any such loan the candidate made to the candidate’s campaign. (See Regulation 18530.8 for more information.)
• Candidates may establish a committee to oppose the qualification of a recall measure and the recall election when the candidate receives a notice of intent to recall. Campaign funds raised to oppose the qualification of a recall measure and/or the recall election would not be subject to any campaign contribution limit under the Act. (See Regulation 18531.5 for more information.)
• A candidate for local office may open a candidate-controlled general purpose ballot measure committee to oppose or support a measure being voted on. The committee must identify on its campaign statements and reports each measure for which an expenditure of $100 or more is made. (See Regulations 18421.8 and 18521.5 for more information.)
• Contributions after the date of the election may be accepted to the extent contributions do not exceed net debts outstanding from the el ection, and contributions do not otherwise exceed applicable contribution limits for that election. (See Regulation 18531.64 for more information.)
1 This fact sheet is informational only and contains only highlights of selected provisions of the law. It does not carry the weight of the law. For further information, consult the Political Reform Act and its corresponding regulations, advice letters, and opinions.
2 The Political Reform Act is contained in Government Code Sections 81000 through 91014. All statutory references are to the Government Code, unless otherwise indicated. The regulations of the Fair Political Practices Commission are contained in Sections 18110 through 18997 of Title 2 of the California Code of Regulations. All regulatory references are to Title 2, Division 6 of the California Code of 1 Regulations, unless otherwise indicated.
FPPC advice: adv [email protected] 1.866.275.3772
FPPC Ed. Pro. 086-10-2021 Page 2 of 8
www.fppc.ca.gov
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• Candidates are permitted to raise contributions for a general election before the primary election and may establish separate campaign contribution accounts for the primary and general so long as candidates set aside contributions and use them for the general or special general election as raised. If the candidate is defeated in the primary election or otherwise withdraws from the generalelection, the general election funds must be refunded to contributors on a pro rata basis less any expenses associated with the raising and administration of the general election contributions. (See Regulation 18531.2 for more information.) • Candidates that are currently in office that are running for reelection to the same seat in an election after January 1, 2021 may carry over campaign funds without attribution as mentioned above. Candidates running for a different office also do not need to do LIFO FIFO or attribution for the election immediately subsequent to the election prior to 2021 for which the money was raised. • Candidates must disclose cumulative totals of contributions received or made for each election on campaign statements. (See Regulation 18421.4 for more information.)
FAQs
A. If a city or county does not currently have contribution limits set within their ordinance would the state contribution limit be the default? Yes. The state contribution limit stated above would be the default contribution limit if the city or county ordinance is silent on whether there are contribution limits within that jurisdiction or if there is no city or county ordinance in place.
B. Is there a way for a city or county to adopt “no” contribution limits for city or county elective city and county offices?
Yes. A city or county may elect to have “no” contribution limits. To do so, it must explicitly state in the city or county ordinance that there are no limits on contributions. If it is explicit that the city or county has implemented “no” contribution limits, the state contribution limit will not apply as a default for that jurisdiction.
C. Can a city or county ordinance be less restrictive than the AB 571 limit (e.g., the city or county limit is set higher than the state limit)? Yes. A city or county can set contribution limits higher than the default state limit. www.fppc.ca.gov
FPPC advice: [email protected] 1.866.275.3772
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D. If a city or county imposes contribution limits, is the Commission responsible for enforcing those limits?
No. The Commission will not regulate the administration or enforcement of the penalties. Cities or counties with existing limits or that adopt their own limits are not subject to the state limit and may impose their own penalties for violations.
E. If a city or county has voluntary contribution limits, but no mandatory contribution limits will the state limit be applicable?
Yes. A city or county must enact mandatory contribution limits to avoid the state limit applying to elective city and county offices.
F. Does the default contribution limit also include judicial candidates? No. Elective city and county offices do not include judicial offices.
G. If a city or county has imposed contribution limits for particular city or county offices (e.g., Board of Supervisors), do those limits also apply to other positions such as the District Attorney or would the default state limit apply if a particular position is not specifically addressed by the city or county?
The default state limit would apply to other positions for which the city or county has not set contribution limits. A city or county ordinance must explicitly state the city or county contribution limits and for which elective offices those limits will apply. A city or county may adopt a general provision implementing a contribution limit for all elective city and county offices in that jurisdiction. As noted above, a city or county may also adopt an ordinance that states the city or county is adopting no contribution limits for any offices to avoid the default state limit applying.
H. Does AB 571 apply to special district or school district elections?
No. AB 571 applies only to city and county elections for offices that a city or county has not implemented its own contribution limit.
I. Does AB 571 apply to the office of County Superintendent of Schools or the office of County Board of Education?
AB 571 does apply to the office of County Superintendent of Schools because it is considered a “county” office. However, the office of County Board of Education is not subject to AB 571 because it’s not considered a “county” position. www.fppc.ca.gov
FPPC advice: [email protected] 1.866.275.3772
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J. Can candidates that are subject to the AB 571 contribution limit open an officeholder committee?
No. Officeholder committees are not permitted for candidates subject to the AB 571 contribution limit. However, a candidate may use a committee for the officeholder’s future election for officeholder expenses. A candidate may also use existing funds in the election committee for current office for officeholder expenses.
K. Does the AB 571 contribution limit apply to debt retirement for the 2020 election?
No. For purposes of retiring debt, the contribution limit is the one that was applicable to that election. The Act did not impose a contribution limit on city and county candidates in 2020.
L. If a contribution was received for an election occurring after January 1, 2021, PRIOR to January 1, 2021, does this contribution count towards the new AB 571 contribution limit after January 1, 2021?
No. The Commission adopted a formal opinion on April 15, 2021 that states contributions made prior to the effective date of AB 571 are not aggregated with contributions made on or after the effective date of AB 571 for purposes of the new contribution limit. Therefore, if someone contributed up to or above the current limit to an AB 571 committee prior to January 1, 2021 the same person can give additional contributions to the same committee up to the AB 571 contribution limit on or after January 1, 2021.
M. If a contributor gave $10,000 in 2020 (prior to the AB 571 limit going into effect) to a committee for a 2022 primary election, what happens? The AB 571 contribution limit does not apply to contributions made prior to January 1, 2021 so a contribution of this amount is permissible.
N. Does the AB 571 contribution limit apply to political party committees and small contributor committees making contributions to candidates subject to the AB 571 limit?
Yes. Political parties and small contributor committees are only permitted to give contributions to candidates subject to the AB 571 in amounts up to the applicable AB 571 contribution limit for that candidate.
O. Does the AB 571 limit apply to county central committee candidates? www.fppc.ca.gov
FPPC advice: [email protected] 1.866.275.3772
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No. AB 571 imposes a contribution limit on city and county elective offices when a local jurisdiction has not already done so. Local jurisdictions are prohibited from placing contribution limits on county central committee candidates; therefore, AB 571 is not applicable to those offices.
P. If an election was held in November 2020, but resulted in the need for a run-off election to be held in February 2021, how would the contributions be treated under AB 571?
The run-off election is considered a new election. If a contributor gave any amount to an AB 571 candidate for the November 2020 election, the same contributor would still be permitted to contribute up to $4,900 (the AB 571 limit) to the same candidate for the February 2021 run-off election.
Q. An AB 571 candidate for city council would like to send out a request for contributions to their constituents. Do they need to include anything specific in the request?
Yes. A candidate that is subject to AB 571 must have the following information in the solicitation: the name of the controlled committee soliciting contributions, and the specific office for which those contributions will be used.
R. If an AB 571 candidate is the subject of a recall, is their committee to oppose the recall subject to contribution limits?
No. There are no contribution limits for a committee controlled by a candidate that is the subject of a recall that is formed to oppose the recall.
S. An AB 571 candidate has debts for an election held after January 1, 2021, may the candidate terminate their committee?
No. If a candidate-controlled committee has outstanding debts for an election held after January 1, 2021, they may not terminate without resolving or paying off the debt.
When the committee has no net debts outstanding, the committee must be terminated within 24 months after the earliest of the date the candidate is defeated, leaves office, or the term of office for which the committee was formed ends, or, for withdrawn candidates no later than 24 months after the election from which the candidate withdrew. Please see Regulation 18404.1 for more on termination requirements for committees subject to AB 571.
www.fppc.ca.gov
FPPC advice: [email protected] 1.866.275.3772
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T. If a local jurisdiction, which is subject to AB 571, passes a local campaign contribution ordinance, are the candidates still subject to AB 571? No. They would no longer be subject to AB 571.
www.fppc.ca.gov
FPPC advice: [email protected] 1.866.275.3772
FPPC Ed. Pro. 086-10-2021 Page 7 of 8
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Index of Regulations and Government Codes:
FPPC Regulations:
18404.1
18421.4
18421.8
18521
18521.5
18523.1
18530.2
18530.8
18531.2
18531.5
18531.61
18531.63
18531.64
18535
18536
18537.1
18545
18951
Government Code(s):
85301
85303
85304.5
85305
85306
85307
85315
85316
85317
85318
85702.5
www.fppc.ca.gov
FPPC advice: [email protected] 1.866.275.3772
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CITY COUNCIL STAFF REPORT
ITEM NO. 10.1
DATE:
February 28, 2022
TO:
Honorable Mayor and City Council
FROM:
Marie Weber, Acting Administrative Services Director
SUBJECT:
Supplemental materials received prior to the meeting.
RECOMMENDED ACTION
SUMMARY
These materials were posted online and made available to the public at the same time that they were distributed to the City Council.
3.1 Library Board of Trustees Annual Update provided by 2021 Library Board of Trustees Chair Art Pontau.
Materials: PowerPoint Presentation
7.1 Discussion and direction related to the results of a public opinion poll for an Asset Management Revenue Measure
Material: Public Comment Received and PowerPoint Presentation
8.0 Council Committee Reports and Matters Initiated by City Manager, City Attorney, Staff, Council Members.
Material: Council Members' Reports.
DISCUSSION
ATTACHMENTS
1. Supplemental Materials
Prepared by: Debbie Elam
Deputy City Clerk
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Approved by:
____________________________________
Marc Roberts
City Manager
Fiscal Review by:
____________________________________
Bhavna Chaudhary
City Treasurer/Finance Manager
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1 Livermore Public Library Board of Trustees
Annual Report
February 28, 2022
Presented by Art Pontau, 2021 Board Chair
Overview
The Board -- who we are and what we do
New Library Director !
Strategic Services Plan
COVID-19-Safe Operations
Highlights
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2 “The Library Board is an advisory group which recommends policy to City Council. The Board helps set goals and objectives for Library services and programs.”
• Board Members who left the Board in 2021… Thanks for your service! • David Struebing resigned May 28
• Matt Berry term expired June 1
• Jennifer Estridge resigned July 31,
• Monthly meetings are open to the public. Topics include strategic planning/action plans, patron policies, programs and services Introduction
Current Board Members
Art Pontau,
Board Member, Past Chair
(appointed March 12, 2012)
Mini Chopra, Vice Chair
(appointed July 13, 2020)
Julie La Blanc,
Board Member
(appointed September 27, 2021)
Richard Hunt, Chair
(appointed May 24, 2021)
Lainie Pascall,
Board Member
(appointed May 24, 2021)
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3 Anwan Baker, Library Services Director
• December 2020, Former Library Servic es Director Tamera LeBeau retired • Nathan Brumley served as Interi m Library Services Director • June 28, 2021 Anwan Baker became City of Livermore Library Services Director • Most recently served as Public Library Director for City of Lodi • Earlier roles in Berkeley Public Library and Li ve Oak Public Library in Savannah, Georgia.
Library Strategic Services Plan
Examples of Meeting Strategic Objectives
Promote literacy in all its forms to help people fulfill their life goals and be more active and engaged community members.
• Created 138 Storytime at Home videos for Library’s YouTube channel Affirm equality and inclusion by reflecting the diverse local community in staffing, materials, and services offered.
• Offered All-Spanish Early Learning Class
Enable all community members to participate in and benefit from library services by increasing their awareness and accessibility to these resources. • Launched monthly e-newsletter e-mailed to cardholders • Implemented new, more interactive online public access catalog (OPAC) allowi ng social media experience and creating material lists right in the catalog Library Services Director re-affirms commitment to Library’s Strategic Plan 5 6
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4 COVID-19 Safe Operations Timeline
• All sites closed on March 17, 2020
• Curbside Service June 1, 2020 to April 30, 2021
• Civic Center re-opened briefly Nove mber 2-18 2020 – onsite by appointment • Civic Center re-opened again on February 17, 2021
• Rincon Branch re-opened on May 10, 2021
• Springtown Branch re-opened on June 15, 2021
• All sites back on pre-pandemic hours exc ept Civic Center – closed on Sundays.
All Library operations conducted for staff and patron safety using guidelines from City health professionals aligned with County and State guidelines, mandates, and regulations
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5 2021 Statistical Highlights
o Fulfilled 18,233 curbside pickup appointments in 2020/2021 o While 2021 door count figures were 1/3rd of 2019 numbers, circulation was 90% of 2019 totals !
o Increased digital circulation of eBooks by 19% (93,839) compared to previous year
o Boosted digital collection size during the pandemic to meet greater demand o Catalog and website visits both increased during FY 2020/2021:
Catalog searches: 1,032,997 (63% increase)
Website visits: 177,360 (16% increase)
Despite pandemic, our Library continued to serve our community 2021 Livermore Reads Together
March Trilogy by John Lewis, Andrew Aydin, and Nate Powell • Panel Discussion on Racism – 224 live or YouTube views • Conversation and Q&A with Nate Powell and Andrew Aydin • John Lewis: Good Trouble film screening and discussion • Social Justice Poetry Reading
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6 2021 Summer Reading Program
• Original goal of ½ million minutes read quickly surpassed; new goal of 2 million minutes established
• Total minutes read across all games: 2,074,642
• High School and Middle School reading minutes were tracked • Total of 181 programs held across all age groups
2022 February and March Events and Programs
New York Times bestselling book The Reason
I Jump: The Inner Voice of a Thirteen-Year-
Old Boy with Autism featured for 16th
Livermore Reads Together (LRT)
Throughout March 2022, the library will host
series of events related to themes in book
February Black History Month events:
• Take & Make craft kits
• Conversation: Black Authors on the Power of Storytelling • Black History Jeopardy!
• Speaking of Wine
• Destiny Muhammad: Jazz and the Harp Attitude
• Abolitionist Monologues: When Freedom Speaks
All Black History Month and Livermore Reads Together events are free and open to the public, thanks to the support of the Friends of the Livermore Public Library 11 12
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From: Jacqueline Simone
To: Cityclerk - Livermore
Subject: No sales tax increase
Date: Monday, February 28, 2022 11:26:03 AM
I would like to voice my opinion to tonight’s discussion of increasing the sakes tax.
My vote would be a definite “NO”.
Jackie Simone
South Livermore
Sent from my iPhone
Item 7.1
Public Comment Received
449
From: Kathy Stathis
To: Cityclerk - Livermore
Subject: Objection to ANY sales tax increase
Date: Saturday, February 26, 2022 12:40:45 PM
The FM3 report states "there remains a significant gap between resources and needs.”
Before citizens vote for a sales tax increase, we need to know what needs were defined in the report.
Until I know those facts, I am totally against any sales tax increase.
We are under extreme financial and political upheaval right now.
The council must not add more pressure and stress to Livermore citizens.
Katherine Stathis
Item 7.1
Public Comment Received
450
From: Rob Gagnon
To: Cityclerk - Livermore
Subject: Proposed city infrastructure sales tax
Date: Saturday, February 26, 2022 12:30:16 PM
To the city clerk and city council:
We express a resounding NO to a proposed city infrastructure sales tax. The city of Livermore's current sales tax of 10.25% is already one of the highest in the state and country. We are already disappointed in the current four-story downtown projects and the planned future downtown projects. We are unhappy and disappointed with the decisions of the current city government and the planning commission. We have no desire to pay a proposed city infrastructure tax that would raise our sales taxes even higher than they are now. We vote NO.
Rob and Barbara Gagnon
Livermore
Item 7.1
Public Comment Received
451
From: gary Horstkorta
To: Cityclerk - Livermore
Subject: Proposed Sales Tax Increae
Date: Monday, February 28, 2022 10:09:40 AM
Dear City Council:
I strongly oppose your proposed city sales tax and parcel tax increases. We already pay one of the highest sales tax rates in the state; we are paying higher prices for goods and services due to economic inflation currently running at 6% and increasing; the reasons cited for an increased tax (water quality, 911 service, better schools) are not valid.
For example, our water service is through California Water Service and not the city.
We already pay high gasoline tax, property tax, vehicle license renewal fees, PG&E increases (two this year already) and so on. Our tax burden and services fees along with inflation are taking a very large portion of our available income not to mention the unpopular increased cost of the construction projects in our downtown area. NO on more new taxes!
Sincerely
Gary Horstkorta
Livermore
Item 7.1
Public Comment Received
452
From: valley_isle_val
To: Cityclerk - Livermore
Subject: Tax increase opinion
Date: Sunday, February 27, 2022 11:29:02 AM
No increase in taxes. Inflation has hurt enough.
Sent from my Verizon, Samsung Galaxy smartphone
Item 7.1
Public Comment Received
453
From: Jessica Ituarte
To: Cityclerk - Livermore
Subject: Tax increase opinion
Date: Monday, February 28, 2022 8:06:13 AM
I read about a possible tax increase for Livermore. We are already one of the highest tax rates in the state please learn to manage the city within your spending and income. We do not need to tax the citizens more, we are already paying way too much and inflation and other economic factors are really hurting people now. DO NOT raise our city taxes again, you are hurting local business, people will start going shopping somewhere else. Support your local citizens not hurt them
Jessica Schreiber
Item 7.1
Public Comment Received
454
From: Carolyn Valentine
To: Cityclerk - Livermore
Subject: Tax Vote
Date: Sunday, February 27, 2022 11:17:27 AM
No tax increase
Item 7.1
Public Comment Received
455
From: Carolyn Valentine
To: Cityclerk - Livermore
Subject: Tax increase
Date: Sunday, February 27, 2022 11:28:49 AM
I had a pervious comment but wanted to add that our taxes are already too high. We sometimes go to Tracy because of the lower taxes but if this increase goes through we will surely be doing most of our shopping and dining in Pleasanton, Dublin and Tracy. No Tax Increase in Livermore!
Item 7.1
Public Comment Received
456
From:
To:
Subject:
Date:
vazquezbravo55
Cityclerk - Livermore
Taxes
Sunday, February 27, 2022 10:36:40 AM
Good day,
Why the city is even thinking about increasing taxes? That’s a horrible idea.
Sent from my iPhone
Item 7.1
Public Comment Received
457
1 Livermore Survey
Highlights of a Voter Survey
Conducted November 6‐14, 2021
220‐6206
Subconsultant:Primary Consultant:
2 Executive Summary
• A majority of voters have positive views of the direction of the City.
• Voters do not perceive a “great need’ for additional
funding at this time.
• Opinions are divided about a potential sales tax measure to maintain the quality of life in the City. The measure does not appear viable at this time.
• Educational statements about the need for a sales tax and critical statements opposing one did not move the level of support significantly in either direction.
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Survey Specifics and Methodology
Dates November 6‐14, 2021
Survey Type Dual‐mode Voter Survey
Research Population Likely November 2022 Livermore Voters Total Interviews 461
Margin of Sampling Error
Full Sample: ±4.9% at the 95% Confidence Level
Half Sample: ±6.9% at the 95% Confidence Level
Contact Methods
Data Collection Modes
(Note: Not All Results Will Sum to 100% Due to Rounding) Telephone
Interviews
Online
Interviews
Telephone
Calls
Email
Invitations
4 A majority of voters feel things are
headed in the right direction in Livermore.
Do you think Livermore is generally going in the right direction or in the wrong direction? Right
Direction
57%
Wrong
Track
33%
Don't
Know
10%
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A majority approves of City of Livermore
government; a plurality approves of the County.
Q.
We’d like to know what you think of different levels of local government. Please indicate whether you strongly approve, somewhat approve, somewhat disapprove, or strongly disapprove of that level of local government. If you’ve never heard of it, you can indicate that instead. 7%
16%
34%
40%
18%
17%
14%
18%
26%
10%
Alameda County
Board of Supervisors
The City of Livermore
government
Strng. Appr. Smwt. Appr. Smwt. Disappr. Strng. Disappr. Don't Know Total Appr.
Total
Disappr.
41% 33%
56% 34%
6 Q In general, would you say Livermore has a great need for additional funding, some need, a little need, or no real need for additional funding?
13%
41%
14%
20%
12%
Great need
Some need
A little need
No real need
Don’t know
12%
40%
17%
19%
12%
Basic City Services
Great/
Some Need
52%
A Little/
No Real Need
36%
Repair & Maintain Infrastructure
Great/
Some Need
54%
A Little/
No Real Need
34%
Slim majorities see a need for new funding –
though most say the need is not great.
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Definitely yes
Probably yes
Undecided, lean yes
Undecided, lean no
Probably no
Definitely no
Undecided
22%
22%
3%
1%
11%
39%
3%
Total
Yes
46%
Total
No
51%
44%
27%
23%
3%
2%
10%
33%
2%
Total
Yes
53%
Total
No
46%
22%
22%
2%
2%
11%
36%
4%
Total
Yes
46%
Total
No
49%
50% 44%
Q. Based on the description, would you vote yes or no?
After both education and critical statements,
opponents slightly outnumber supporters.
Initial
Vote
After
Information
After Information
and Critiques
Livermore Survey
Highlights of a Voter Survey
Conducted November 6‐14, 2021
220‐6206
Subconsultant:Primary Consultant:
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Council Member
Committee
Meeting Date Committee Agenda Link Meeting Type Committee Report: Summary Mayor Woerner 2/16/2022 LAVWMA https://lavwma.com/ Board Mayor Woerner 2/23/2022 Livermore Chamber of Commerce Board Meeting Mayor Woerner 2/23/2022 LARPD https://www.larpd.org/ Board Meeting Mayor Woerner 2/24/2022 Alameda County Board of Supervisors Home Together Plan Mayor Woerner 2/24/2022
Alameda County Transporation Committee https://www.alamedactc.org/get‐ involved/upcoming‐meetings/ Committee Meeting
Mayor Woerner 2/25/2022 Livermore~Pleasanton Lisason Meeting https://www.cityofpleasantonca.gov/ Committee Meeting Discussed airport issues Mayor Woerner 2/26/2022 LDI Executive Director Reception Item 8.0
Council Members' Reports
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Council Member
Committee
Meeting
Date Committee Agenda Link Meeting Type Committee Report: Summary Vice Mayor Bonanno 2/15/2022 Livermore Downtown Inc Board Meeting New Executive Director, Ruby Lopez
attended her first Board meeting.
Vice Mayor Bonanno 2/16/2022
Livermore Amador Valley Water Management Agency
Joint Powers Authority
https://lavwma.com/wp‐
content/uploads/2022/02/2022‐02‐
16_LAWVMA_Agenda_Full.pdf Board
Board reviewed material provided by
City of Livermore on proposed sewer
extension Board discussed set of follow‐
up questions to be submitted to City
staff. Informational item only, no actin
taken
Vice Mayor Bonanno 2/17/2022 Intergovernmental Committee (CITY / LARPD / LVJUSD) Intergovernmental Vice Mayor Bonanno 2/23/2022 Reception
Reception for Brandon Cardwell,
new IED Director
Vice Mayor Bonanno 2/26/2022
Going away reception for LDI, Exec. Director, Rachael
Snedecor
Vice Mayor Bonanno
2/28/2022 Livermore‐Amador Valley Transit Authority
https://www.wheelsbus.com/wp‐
content/uploads/2021/06/PS‐Packet‐022822_‐File‐
for‐Website.pdf
Programs and Services
Committee
Item 8.0
Council Members' Reports
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Council Member
Committee
Meeting Date Committee Agenda Link Meeting Type
Council Member Carling 2/16/2022
Livermore Amador Valley Water Management Agency
Joint Powers Authority board meeting
Council Member Carling 2/17/2022 Tri‐Valley Council ‐ Affordable Housing Committee Council Member Carling 2/23/2022 Stop Waste board meeting Council Member Carling 2/25/2022 Livermore/Pleasanton liaison meeting Item 8.0
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Council Member
Committee
Meeting
Date Committee Agenda Link Meeting Type Committee Report: Summary Council Member Munro 2/16/2022
East Bay Community Choice Energy Joint Powers
Authority
https://ebce.org/meetings/board‐of‐directors‐2‐16‐
22/ Board Meeting
Council Member Munro 2/17/2022 Intergovernmental Committee (CITY / LARPD / LVJUSD) LARPD reported on organizational
changes, LARPD and LVJUSD reported
on joint childcare changes. All
discussed bringing forward a joint
resolution on civil discourse.
Council Member Munro 2/17/2022 Tri‐Valley Council ‐ Affordable Housing Committee Presentation on the Streamlined
Multifamily Housing Application
Implementation (AB 434)
Council Member Munro 2/17/2022 Community meeting
Met with staff, School Board Member
Kristie Wang, and parents to discussion
Council Member Munro 2/17/2022 League of California Cities East Bay Division Debrief on Policy Committees Policy committee members shared
information regarding upcoming
legislation.
Council Member Munro 2/24/2022 Plaque presentation Welcome to Livermore event Presented welcome plaque to Cobalt
Equipment and toured company.
Item 8.0
Council Members' Reports
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