Madera City Council
March 19, 2025

Update 3/13/2025 at 8:30 p.m. Madera City Council Agenda Page 1 of 5 March 19, 2025

REGULAR MEETING OF THE MADERA CITY COUNCIL

AND SPECIAL MEETING OF THE MADERA CITY COUNCIL AS THE

GROUNDWATER SUSTAINABILITY AGENCY
205 W. 4th Street, Madera, California 93637

NOTICE AND AGENDA
Wednesday, March 19, 2025 Council Chambers
6:00 p.m. City Hall
The Madera City Council meetings are open to the public. This meeting will also be available for public viewing and participation through Zoom. Members of the public may also observe the live-streamed meeting on the City’s website at www.madera.gov/live. Members of the public may comment on agenda items at the meeting or remotely through an electronic meeting via phone by dialing (669) 900-6833 enter ID: 870 6778 7378 #. Press *9 to raise your hand to comment and *6 to unmute yourself to speak. Comments will also be accepted via email at [email protected] or by regular mail at 205 W. 4th Street, Madera, CA 93637.
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Update 3/13/2025 at 8:30 p.m. Madera City Council Agenda Page 2 of 5 March 19, 2025
CALL TO ORDER:

ROLL CALL: Mayor Cece Gallegos
Mayor Pro Tem Jose Rodriguez, District 2
Councilmember Rohi Zacharia, District 1
Councilmember Steve Montes, District 3
Councilmember Anita Evans, District 4
Councilmember Elsa Mejia, District 5
Councilmember Artemio Villegas, District 6
INVOCATION: Rev. Joseph Alicea, Awaken Church of God
PLEDGE OF ALLEGIANCE:

APPROVAL OF AGENDA:

PRESENTATIONS: None
PUBLIC COMMENT:

The first 15 minutes of the meeting are reserved for members of the public to address the Council on items which are within the subject matter jurisdiction of the Council. Speakers shall be limited to three minutes.

Speakers will be asked, but are not required, to identify themselves and state the subject of their comments. If the subject is an item on the Agenda, the Mayor has the option of asking the speaker to hold the comment until that item is called. Comments on items listed as a Public Hearing on the Agenda should be held until the hearing is opened. The Council is prohibited by law from taking any action on matters discussed that are not on the agenda, and no adverse conclusions should be drawn if the Council does not respond to public comment at this time.

A. PUBLIC HEARINGS: None
B. CONSENT CALENDAR:

Matters listed under the Consent Calendar are considered routine and will be enacted by one motion and one vote. There will be no separate discussion of these items. If discussion is desired, a member of the public or a member of the Council may request an item be removed from the Consent Calendar and it will be considered separately.

B-1 Minutes – March 5, 2025
Recommendation: Approve the City Council Minutes of March 5, 2025 (Report by Alicia Gonzales)
B-2 Informational Report on Register of Audited Demands Recommendation: Review Register of Audited Demands Report for February 22 to March 7, 2025 (Report by Michael Lima)
B-3 Informational Report on Personnel Activity
Recommendation: This report is submitted for informational purposes only and there is no action requested from the City Council (Report by Wendy Silva) B-4 Informational Report on Contract City Attorney Services and Litigation Expenditures Recommendation: This report is submitted for informational purposes only and there is no action requested from the City Council (Report by Arnoldo Rodriguez) Update 3/13/2025 at 8:30 p.m. Madera City Council Agenda Page 3 of 5 March 19, 2025
B-5 Surplus Property Disposal
Recommendation: Adopt a Resolution Declaring Certain Property as Identified on the Surplus Property List to be Surplus in Accordance with Best Practices and City Policy (Report by Michael Lima)
B-6 Amendment to the Applications for Transportation Development Act (TDA) – Local Transportation Funds (LTF) and State Transit Assistance (STA) Funds for Fiscal Year (FY) 2024/25
Recommendation: Adopt a Resolution Approving the Amendment to the Applications for TDA - LTF and STA Funds for FY 2024/25 and Authorize the City Engineer to Execute and Submit the Applications to the Madera County Transportation Commission (MCTC) (Report by Keith Helmuth) B-7 Notice of Completion for the Sunrise Rotary Sports Complex New Playground Project Recommendation: Approve Minute Order Approving:

1. Acceptance of the New Playground Installation at Sunrise Rotary Sports Complex, located at 1901 Clinton Street, Madera, CA 93638; and

2. The Recording of Notice of Completion; and

3. The Release of Retention 35 days after the Recording of the Notice of Completion (Report by Joseph Hebert)
B-8 Second Reading and Adoption of Ordinance Text Amendment (OTA) 2024-03, for the Amendment of Chapter 3 of Title X: Planning and Zoning of the City Municipal Code Recommendation: Waive Full Reading and Adopt an Ordinance of the City Council of the City of Madera Determining the Project is Exempt Pursuant to Section 15061(b)(3) of the California Environmental Quality Act (CEQA) Guidelines and Amending Chapter 3 of Title X: Planning and Zoning of the City Municipal Code (CMC) regarding Lapse of Site Plan Approval (CMC § 10-3.4.0114); Termination of a Use Permit (CMC § 10- 3.1311[A]); and, Termination of a Variance (CMC § 10-3.1411) by title only (Report by Will Tackett)
B-9 One Easement Deed for Sidewalk Improvements at Various Locations City Project R-94 Bid Package 3 Phase 2 AHSC Agreement No. 19-AHSC-12761
Recommendation: Adopt a Resolution Approving an Agreement for Purchase of an Easement at 415 Amerine Avenue (APN 009-073-020) (Report by Keith Helmuth) B-10 Appointment to Civil Service
Recommendation: Adopt a Resolution Approving the Appointments of Gloria Toscano and John Jasper to the Civil Service Commission (Report by Wendy Silva) C. WORKSHOP: None
D. PETITIONS, BIDS, RESOLUTIONS, ORDINANCES, AND AGREEMENTS:

D-1 Memorandum of Understanding with Respect to the Cost Sharing for Water Year 2024 Madera Subbasin Groundwater Sustainability Plan (GSP) Annual Reports (Action on this item by the Successor Agency)
Update 3/13/2025 at 8:30 p.m. Madera City Council Agenda Page 4 of 5 March 19, 2025
Recommendation: Approve a Resolution Approving Memorandum of Understanding with Respect to the Cost Sharing for Water Year 2024 Madera Subbasin GSP Annual Reports (MOU) (Report by Keith Helmuth)
D-2 Authorization for the Request of Congressionally Directed Spending Funding Request for the Avenue 13 Sewer Rehabilitation Project and the 2.5 million Gallon Water Tank Project Recommendation: Adopt a Resolution authorizing the request for Congressionally Directed Spending for the Avenue 13 Sewer Rehabilitation project and the 2.5 Million Gallon Water Tank Project (Report by Keith Helmuth) E. ADMINISTRATIVE REPORTS:

E-1 Mid Valley 2024 Annual Update & the Recycler of the Year Recommendation: This report is submitted for informational purposes only, no action requested from the City Council (Report by Billie Hansen, MID Valley Disposal)
E-2 Information report on the City’s Water Division
Recommendation: This report is submitted for informational purposes and no action is requested from the City Council (Report by Arnoldo Rodriguez) E-3 Audited Comprehensive Financial Statements for the Fiscal Year ended June 30, 2024 Recommendation: Accept of Audited Comprehensive Financial Statements (ACFR) for Fiscal Year 2023/2024 (Report by Michael Lima)
E-4 Informational Report on Transportation Funding Source Expenditures Recommendation: This report is submitted for informational purposes only, no action requested from the City Council (Council) (Report by Keith Helmuth) F. COUNCILMEMBER REPORTS/ANNOUNCEMENTS/FUTURE AGENDA ITEMS:

This portion of the meeting is reserved for the Mayor and Councilmembers (i) to make brief reports on boards, committees, and other public agencies, and at public events, (ii) to request updates, (iii) to initiate future agenda items, and (iv) to take action on matters initiated under this section of the agenda. Under this section, the Council may take action only on items specifically agendized and which meet other requirements for action.

G. CLOSED SESSION:

G-1 Conference with Labor Negotiators pursuant to Government Code §54957.6 Agency Designated Representatives: Arnoldo Rodriguez, Wendy Silva, Michael Lima, and Che Johnson
Employee Organizations: Madera Affiliated City Employees’ Association, Madera Police Officers’ Association, Mid Management
Employee Group, and Law Enforcement Mid
Management Employee Group
G-2 Conference with Labor Negotiators pursuant to Government Code §54957.6 Agency Designated Representative: Arnoldo Rodriguez and Che Johnson Unrepresented Positions: Police Chief, Director of Parks & Community Services, City Engineer, Director of Human Resources, Director
Update 3/13/2025 at 8:30 p.m. Madera City Council Agenda Page 5 of 5 March 19, 2025
of Information Technology, Chief Building Official,
Planning Manager, Director of Financial Services,
Public Works Operations Director, and Director of
Community Development
UPCOMING MEETING DATES:
 Wednesday, April 2, 2025
 Wednesday, April 16, 2025
ADJOURNMENT:
 The meeting room is accessible to the physically disabled. Requests for accommodations for persons with disabilities such as signing services, assistive listening devices, or alternative format agendas and reports needed to assist participation in this public meeting may be made by calling the City Clerk’s Office at (559) 661-5405 or emailing [email protected] . Those who are hearing impaired may call 711 or 1-800-735-2929 for TTY Relay Service. Requests should be made as soon as practicable as additional time may be required for the City to arrange or provide the requested accommodation.

Requests may also be delivered/mailed to: City of Madera, Attn: City Clerk, 205 W. 4th Street, Madera, CA 93637. At least seventy-two (72) hours’ notice prior to the meeting is requested but not required.

When making a request, please provide sufficient detail that the City may evaluate the nature of the request and available accommodations to support meeting participation. Please also provide appropriate contact information should the City need to engage in an interactive discussion regarding the requested accommodation.
 The services of a translator can be made available. Please contact the City Clerk’s Office at (559) 661- 5405 or emailing [email protected] to request translation services for this meeting. Those who are hearing impaired may call 711 or 1-800-735-2929 for TTY Relay Service. Requests should be submitted in advance of the meeting to allow the City sufficient time to provide or arrange for the requested services. At least seventy-two (72) hours’ notice prior to the meeting is requested but not required.
 Please silence or turn off cell phones and electronic devices while the meeting is in session.  Regular meetings of the Madera City Council are held the 1st and 3rd Wednesday of each month at 6:00 p.m. in the Council Chambers at City Hall.
 Any writings or documents provided to a majority of the City Council within 72 hours of the meeting regarding any item on this agenda will be made available for public inspection at the City Clerk’s office located at 205 W. 4th Street, Madera, CA 93637 and on the City website at www.madera.gov  Questions regarding the meeting agenda or conduct of the meeting, please contact the City Clerk’s Office at (559) 661-5405.
 Para asistencia en español sobre este aviso, por favor llame al (559) 661-5405.

I, Alicia Gonzales, City Clerk for the City of Madera, declare under penalty of perjury that I posted the above agenda for the Regular Meeting of the Madera City Council for March 19, 2025, near the front entrances of City Hall and on the City’s website www.madera.gov at 8:30 p.m. on March 13, 2025. _______________________
Alicia Gonzales, City Clerk

Minutes of a Regular Meeting of the Madera City Council March 5, 2025 Council Chambers
6:00 p.m. City Hall
The Madera City Council meetings are open to the public. The meeting was available for public viewing and participation through Zoom. Members of the public were able to observe the live-streamed meeting on the City’s website and were able to comment on agenda items at the meeting, remotely through an electronic meeting via phone, via email and by regular mail.

CALL TO ORDER: Meeting was called to order at 6:00 p.m.

ROLL CALL:

Present: Mayor Cece Gallegos
Councilmember Rohi Zacharia, District 1
Councilmember Steve Montes, District 3
Councilmember Anita Evans, District 4 (Left at 8:08 p.m.) Councilmember Elsa Mejia, District 5
Councilmember Artemio Villegas, District 6

Absent: Mayor Pro Tem Jose Rodriguez, District 2
Others present were City Manager Arnoldo Rodriguez, City Clerk Alicia Gonzales, City Attorney Shannon L. Chaffin, City Engineer Keith Helmuth, Community Development Director Will Tackett, Director of Financial Services Michael Lima, Division Fire Chief Justin Macomb, Director of Human Resources Wendy Silva, Director of Information Technology Gary Price, Director of Parks and Community Services Joseph Hebert, Chief of Police Giachino Chiaramonte, Deputy City Engineer Ellen Bitter, Senior Civil Engineer Steve Bettencourt and Communication Specialist Joseph Carrello.

INVOCATION: Rev. Joseph Alicea, Awaken Church of God
PLEDGE OF ALLEGIANCE: Mayor Gallegos
APPROVAL OF AGENDA:

ON MOTION BY COUNCILMEMBER EVANS AND SECONDED BY COUNCILMEMBER MONTES, THE AGENDA MOVING ITEM D-1 TO THE TOP OF THE AGENDA FOLLOWING PUBLIC COMMENT WAS APPROVED BY A 6/0 VOTE. ABSENT: MAYOR PRO TEM RODRIGUEZ
PRESENTATIONS:

1. Proclamation Recognizing Red Cross Month

2. Proclamation Recognizing Scout Troop 117 for their 100 Years of Service to the Youth of Madera

3. Proclamation Recognizing Women’s History Month

4. Women of the Year Awards
Item: B-1
Minutes for: 03/05/2025
Adopted: 03/19/2025
City of Madera City Council Minutes
205 W. 4th Street March 5, 2025
Madera, CA 93637 Page 2 of 8
Mayor Gallegos surprised City Clerk Alicia Gonzales when the Mayor recognized Ms. Gonzales as a recipient of a Woman of the Year award. Mayor Gallegos mentioned that Ms. Gonzales does a lot for Council (her bosses) and helps in making Council look good.

PUBLIC COMMENT:

The first 15 minutes of the meeting are reserved for members of the public to address the Council on items which are within the subject matter jurisdiction of the Council. Speakers shall be limited to three minutes.

The Council is prohibited by law from taking any action on matters discussed that are not on the agenda, and no adverse conclusions should be drawn if the Council does not respond to public comment at this time.

Diana Colmes on behalf of Madera United Methodist Church invited Council and the community to the Four Sunday Lunch on March 23rd. This is a fundraising event with this year’s proceeds going to Relay for Life.

No further Public Comment was presented. Public Comment was closed.

A. PUBLIC HEARINGS:

A-1 Ordinance Text Amendment (OTA) 2024-03, for the Amendment of Chapter 3 of Title X:

Planning and Zoning of the City Municipal Code
Recommendation: Waive full reading and introduce by title only an Ordinance of the City Council of the City of Madera determining the project is exempt pursuant to Section 15061(b)(3) of the California Environmental Quality Act (CEQA) Guidelines and amending Chapter 3 of Title X: Planning and Zoning of the City Municipal Code (CMC) regarding Lapse of Site Plan Approval (CMC § 10-3.4.0114); Termination of a Use Permit (CMC § 10- 3.1311[A]); and, Termination of a Variance (CMC § 10-3.1411) (Report by Will Tackett)

ON MOTION BY COUNCILMEMBER VILLEGAS AND SECONDED BY COUNCILMEMBER ZACHARIA, ITEM A-1 WAS APPROVED BY A 5/0 VOTE. ABSENT: COUNCILMEMBERS RODRIGUEZ AND EVANS.

A-2 Military Equipment Use Ordinance and Policy
Recommendation: Review Military Equipment Use Policy, Ordinance, and Annual Report and by Minute Order Affirm the Ordinance and Accept the Annual Military Equipment Use Report (Report by Gino Chiaramonte)
B. CONSENT CALENDAR:

Matters listed under the Consent Calendar are considered routine and will be enacted by one motion and one vote.

ON MOTION BY COUNCILMEMBER VILLEGAS AND SECONDED BY COUNCILMEMBER MONTES, THE CONSENT CALENDAR WAS APPROVED BY A 5/0 VOTE. ABSENT: COUNCILMEMBERS RODRIGUEZ AND EVANS.

B-1 Minutes – February 19, 2025
Recommendation: Approve the City Council Minutes of February 19, 2025 (Report by Alicia Gonzales)
B-2 Informational Report on Register of Audited Demands City of Madera City Council Minutes
205 W. 4th Street March 5, 2025
Madera, CA 93637 Page 3 of 8
Recommendation: Review Register of Audited Demands Report for February 8, 2025 to February 21, 2025 (Report by Michael Lima)
B-3 Madera Evening Lions Club Fee Waiver Request for the Running with Lions Stride for Diabetes 5K Run/Walk Event
Recommendation: Adopt a Resolution Waiving the Rental Fees of the Lions Town & Country Park on April 12, 2025, related to the Running with Lions Stride for Diabetes 5K Run/Walk event hosted by the Madera Evening Lions Club, at an anticipated fee rental of $495 (Report by Joseph Hebert) RES 25-41 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MADERA,

CALIFORNIA WAIVING THE RENTAL FEES OF THE LIONS TOWN &
COUNTRY PARK ON APRIL 12, 2025, RELATED TO THE RUNNING WITH LIONS STRIDE FOR DIABETES 5K RUN/WALK EVENT HOSTED BY THE MADERA EVENING LIONS CLUB, AT AN ANTICIPATED FEE RENTAL OF $495 B-4 Fresno Tzu Chi Mobile Clinic Fee Waiver Request for the “Our Migrant Families Dental Care” Event
Recommendation: Adopt a Resolution Waiving the Rental Fees of the John Wells Youth Center on March 16, 2025, related to the “Our Migrant Families Dental Care” event hosted by the Fresno Tzu Chi Mobile Clinic, at an anticipated fee rental of $500 (Report by Joseph Hebert)
RES 25-42 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MADERA,

CALIFORNIA WAIVING THE RENTAL FEES OF THE JOHN WELLS YOUTH CENTER ON MARCH 16, 2025, RELATED TO THE “OUR MIGRANT FAMILIES DENTAL CARE” EVENT HOSTED BY THE FRESNO TZU CHI MOBILE CLINIC, AT AN ANTICIPATED FEE RENTAL OF $500
B-5 Consideration of California Conservation Corps (CCC) Sponsor Agreement Recommendation: Adopt a Resolution Approving an Agreement with the California Conservation Corps for the Performance of Fire Crews in the Fresno River for Fuel Reduction, Project Number P-24-2652-14761(Report by Joseph Hebert)
RES 25-43 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MADERA,

CALIFORNIA APPROVING AN AGREEMENT WITH THE CALIFORNIA

CONSERVATION CORPS FOR THE PERFORMANCE OF FIRE CREWS IN THE FRESNO RIVER FOR FUEL REDUCTION, PROJECT NUMBER P-24-2652- 14761
B-6 Approval of Change Orders to Fleet Rollup Door Replacement and Associated Budget Amendment
Recommendation: Adopt a resolution approving change orders under the contract to DL Batty, Inc., for the Removal and Replacement of Fleet Rollup Doors in the amount of $6,069, and authorizing a budget amendment for the same (Report by Michael Lima)
RES 25-44 RESOLUTION APPROVING CHANGE ORDERS UNDER THE CONTRACT TO DL BATTY, INC. FOR THE REMOVAL AND REPLACEMENT OF FLEET ROLLUP City of Madera City Council Minutes
205 W. 4th Street March 5, 2025
Madera, CA 93637 Page 4 of 8
DOORS IN THE AMOUNT OF $6,069, AND AUTHORIZING A BUDGET

AMENDMENT FOR THE SAME
B-7 Purchasing Procedures Ordinance Amendment
Recommendation: Waive the Second Reading and by Title Only Adopt an Ordinance of the City of Madera Repealing and Replacing Chapter 4 of Title II of the Madera Municipal Code Relating to Purchasing Procedures and Including Raising Purchasing Thresholds (Report by Michael Lima)
ORD 1015 C.S. AN ORDINANCE OF THE CITY OF MADERA REPEALING AND REPLACING CHAPTER 4 OF TITLE II OF THE MUNICIPAL CODE RELATING TO

PURCHASING PROCEDURES AND INCLUDING RAISING PURCHASING

THRESHOLDS
B-8 Appointment to the Transit Advisory Board (TAB)
Recommendation: Adopt a Resolution Approving the Appointment of Jack Porter to the TAB (Report by Michael Lima)
RES 25-45 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MADERA

APPROVING THE APPOINTMENT OF JACK PORTER TO THE CITY OF

MADERA TRANSIT ADVISORY BOARD
B-9 One Easement Deed for Sidewalk Improvements at Various Locations City Project R-94 Bid Package 3 Phase 2 AHSC Agreement No. 19-AHSC-12761
Recommendation: Adopt a Resolution Approving an Agreement for Purchase of an Easement at 348 South B Street, Madera, CA 93638 (APN 007-192-011) (Report by Keith Helmuth)
RES 25-46 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MADERA

APPROVING AN AGREEMENT FOR THE PURCHASE OF AN EASEMENT AT 348 SOUTH B STREET, MADERA, CA 93638 (APN 007-192-011)
B-10 Amendment to the Community Development Block Grant (CDBG) 2020-2024 Consolidated Plan
Recommendation: Adopt a Resolution to approve the amendment to the 2020-2024 CDBG Consolidated Plan to include HOME Investment Partnerships Program (HOME) funds in the amount of $372,064.92 and the City’s portion in the amount of $127,935.08 for a total of $500,000 (Report by Michael Lima) RES 25-47 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MADERA, CALIFORNIA APPROVING THE AMENDMENT OF THE 2020-2024

COMMUNITY DEVELOPMENT BLOCK GRANT CONSOLIDATED PLAN TO
ALLOCATE $372,064.92 OF HOME INVESTMENT PARTNERSHIPS
PROGRAM (HOME) FUNDS AND THE CITY’S PORTION OF $127,935.08 FOR A TOTAL OF $500,000
B-11 Contract Award for Bike Lane Construction Plan for Various Streets City Project R-94 Bid Package 2 and D Street Pavement Rehabilitation
Recommendation: Adopt a Resolution approving the contract award for Bike Lane Construction Plan for Various Streets City Project R-94 Bid Package 2 and City of Madera City Council Minutes
205 W. 4th Street March 5, 2025
Madera, CA 93637 Page 5 of 8
D Street Pavement Rehabilitation in the amount of $450,211.00 to VSS International, Inc. (Report by Keith Helmuth)
RES 25-48 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MADERA,

CALIFORNIA APPROVING THE CONTRACT AWARD FOR BIKE LANE
CONSTRUCTION PLAN FOR VARIOUS STREET CITY PROJECT R-94 BID PACKAGE 2 AND S STREET PAVEMENT REHABILITATION AHSC
AGREEMENT NO. 19-AHSC-12761 IN THE AMOUNT OF $450,211.00 AND

AUTHORIZING CONSTRUCTION CONTINGENCIES RELATING TO THE

CONTRACT
B-12 Amend the Notice of Completion for 2023 Water Meter Project, City Project W-31 Recommendation: Adopt a Minute Order to amend the Notice of Completion for 2023 Water Meter Project, City Project W-31 and record with the Madera County Recorder’s Office (Report by Keith Helmuth)
B-13 Child Forensic Interview Team Protocol
Recommendation: Adopt a Resolution approving a multi-agency Memorandum of Understanding establishing the Child Forensic Interview Team of Madera County and authorizing the Chief of Police to execute the agreement (Report by Giachino Chiaramonte)
RES 25-49 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MADERA

APPROVING A MULTI-AGENCY MEMORANDUM OF UNDERSTANDING

ESTABLISHING THE CHILD FORENSIC INTERVIEW TEAM OF MADERA

COUNTY AND AUTHORIZING THE CHIEF OF POLICE TO EXECUTE THE

AGREEMENT
B-14 Appointment to the Planning Commission
Recommendation: Adopt a Resolution Approving the Appointment of Abel Perez to the Planning Commission (Report by Will Tackett)
RES 25-50 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MADERA

APPOINTING ABEL PEREZ TO THE CITY OF MADERA PLANNING

COMMISSION
C. WORKSHOP: None
D. PETITIONS, BIDS, RESOLUTIONS, ORDINANCES, AND AGREEMENTS:

D-1 Establishing Madera as a Welcoming City
Recommendation: Adopt a Resolution Affirming the City of Madera’s Commitment to Being a Welcoming, Inclusive and Supportive Community for All Residents (Report by Arnoldo Rodriguez)
Santos Garcia spoke in favor of the City of Madera being a Welcoming City.

Willis Clark spoke against the City of Madera being a Welcoming City.

Keith Rigby spoke against the City of Madera being a Welcoming City.

A member of the public spoke against the City of Madera being a Welcoming City.

City of Madera City Council Minutes
205 W. 4th Street March 5, 2025
Madera, CA 93637 Page 6 of 8
A member of the public spoke in favor of the City of Madera being a Welcoming City.

Betty Shiite spoke against the City of Madera being a Welcoming City.

A member of the public spoke in favor of the City of Madera being a Welcoming City.

A member of the public spoke against the City of Madera being a Welcoming City.

Rosario Walker (with translation from Santos Garcia) spoke against the City of Madera being a Sanctuary City.

A member of the public spoke against the City of Madera being a Welcoming City.

ON MOTION BY COUNCILMEMBER MONTES AND SECONDED BY COUNCILMEMBER EVANS, ITEM D-1 WAS APPROVED BY A 4/2 VOTE. NOES: MAYOR GALLEGOS AND COUNCILMEMBER ZACHARIA. ABSENT: MAYOR PRO TEM RODRIGUEZ.

THE MOTION PASSED WITH THE FOLLOWING VOTE:

YES: 4 – COUNCILMEMBER MONTES

COUNCILMEMBER EVANS

COUNCILMEMBER MEJIA

COUNCILMEMBER VILLEGAS
NO: 2 – MAYOR GALLEGOS

COUNCILMEMBER ZACHARIA
RES 25-51 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MADERA,

CALIFORNIA, DESIGNATING THE CITY OF MADERA A WELCOMING CITY

FOR ALL, AND DECLARING THE CITY OF MADERA A PLACE OF TRUST AND

DIGNITY FOR ALL RESIDENTS
D-2 Americans with Disabilities Act (ADA) Self-Evaluation and Transition Plan (SETP) Update Recommendation: Adopt a Resolution Approving the ADA SETP Update Prepared by Sally Swanson Architects, Inc. (Report by Wendy Silva)

ON MOTION BY COUNCILMEMBER MONTES AND SECONDED BY COUNCILMEMBER ZACHARIA, ITEM D-2 WAS APPROVED BY A 5/0 VOTE. ABSENT: COUNCILMEMBERS RODRIGUEZ AND EVANS.

RES 25-52 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MADERA APPROVING THE UPDATED AMERICANS WITH DISABILITIES ACT SELFEVALUATION AND TRANSITION PLAN D-3 Change Order for the Avenue 13 Sewer Interceptor Rehabilitation Project, City Project SS00014 for Excess Cleaning and Debris Removal Recommendation: Adopt a Resolution Authorizing an Increase in Allowable Contingence to Approve a Change Order in an Amount not to exceed $2,500,000 Addressing Excess Cleaning and Debris Removal by SAK Construction, LLC, Related to Emergency Repairs (Report by Keith Helmuth)

ON MOTION BY COUNCILMEMBER VILLEGAS AND SECONDED BY COUNCILMEMBER ZACHARIA, ITEM D-3 WAS APPROVED BY A 5/0 VOTE. ABSENT: COUNCILMEMBERS RODRIGUEZ AND EVANS.

City of Madera City Council Minutes
205 W. 4th Street March 5, 2025
Madera, CA 93637 Page 7 of 8
RES 25-53 A RESOLUTION OF THE COUNCIL OF THE CITY OF MADERA, CALIFORNIA APPROVING CONTRACT CHANGE ORDER IN THE AMOUNT OF $2,500,000 FOR CLEANING AND DEBRIS REMOVAL OF THE AVENUE 13 SEWER
INTERCEPTOR REHABILITATION PROJECT SS-00014
E. ADMINISTRATIVE REPORTS:

E-1 Select Recipient for the Proclamations in the Month of April Recommendation: Request for Council’s Selection of a Recipient for the Proclamation Recognizing Sexual Assault Awareness Month and a Proclamation Recognizing National Volunteer Day (Report by Alicia Gonzales) CAPMC was nominated as the recipient of the Sexual Assault Awareness Month proclamation.

Madera Rescue Mission and Madera Food Bank were nominated as the recipients of the National Volunteer Day proclamations.

ON MOTION BY COUNCILMEMBER MONTES AND SECONDED BY COUNCILMEMBER VILLEGAS, ITEM E-1 ACCEPTING THE NOMINATED AGENCIES WAS APPROVED BY A 5/0 VOTE. ABSENT:

COUNCILMEMBERS RODRIGUEZ AND EVANS.

E-2 Informational Report on the Madera Metro Transit System Recommendation: This report is submitted for informational purposes and there is no action requested from the City Council (Council) (Report by Michael Lima) F. COUNCILMEMBER REPORTS/ANNOUNCEMENTS/FUTURE AGENDA ITEMS:

This portion of the meeting is reserved (i) to initiate new matters and to request updates, and (ii) and to initiate new agenda items.

Councilmember Zacharia mentioned that anyone who would like to submit an application to be a food vendor at the 4th of July event can speak to him. Contributions are welcome.

Councilmember Montes had nothing to report.

Councilmember Villegas mentioned that Council had to make a difficult decision tonight. He also wished everyone a Happy St. Patrick’s Day.

Councilmember Mejia thanked Liberty Charter and Millview Elementary on their Read Across America event where she got to read to the children. She looks forward to reading for the children at Sierra Vista Elementary soon. She stated that there are still two (2) voting days where the public can vote for the Madera County Museum to be recognized.

Mayor Gallegos mentioned that the National Little League Opening Ceremony will be on Saturday at 10:00 a.m. and everyone is welcome to attend. On March 18th at 6:00 p.m. the Police Department will host a Town Hall Meeting at Madera South High School. There hasn’t been a Town Hall Meeting in the City of Madera in over nine (9) years. Details will be advertised soon. Mayor Gallegos thanked everyone who is participating in reading to children during the Read Across America event. She also sent prayers and support to a Police Department staff member.

G. CLOSED SESSION:

G-1 Conference with Labor Negotiators pursuant to Government Code §54957.6 City of Madera City Council Minutes
205 W. 4th Street March 5, 2025
Madera, CA 93637 Page 8 of 8
Agency Designated Representatives: Arnoldo Rodriguez, Wendy Silva and Che Johnson Employee Organizations: Madera Affiliated City Employees’ Association, Madera Police Officers’ Association, Mid Management
Employee Group, and Law Enforcement Mid
Management Employee Group
G-2 Conference with Labor Negotiators pursuant to Government Code §54957.6 Agency Designated Representative: Arnoldo Rodriguez and Che Johnson Unrepresented Positions: Police Chief, Director of Parks & Community Services, City Engineer, Director of Human Resources, Director
of Information Technology, Chief Building Official,
Planning Manager, Director of Financial Services,
Public Works Operations Director, and Director of
Community Development
City Attorney Shannon Chaffin made the closed session announcement at 9:19 p.m. Mr. Chaffin and Council returned from Closed Session at 9:48 p.m. Mr. Chaffin stated there was no reportable action.

UPCOMING MEETING DATES:
 Wednesday, March 19, 2025
 Wednesday, April 2, 2025
ADJOURNMENT: Meeting was adjourned at 9:49 p.m.
_____________________________________ ___________________________________ ALICIA GONZALES, City Clerk CECELIA K. GALLEGOS, Mayor
_____________________________________

MINUTES PREPARED BY
ZELDA LEÓN, Deputy City Clerk

REPORT TO CITY COUNCIL
Approved by: Council Meeting of: March 19, 2025
_________________________________ Agenda Number: B-2
Michael Lima, Director of Financial Services
_________________________________
Arnoldo Rodriguez, City Manager
SUBJECT:

Informational Report on Register of Audited Demands
RECOMMENDATION:

Review Register of Audited Demands Report for February 22 to March 7, 2025 SUMMARY:

The Register of Audited Demands for the City covering obligations paid during the period of February 22 to March 7, 2025, is summarized in the following tables. Attachment A contains Warrants while Table 2 is a summary of the wire transfers.

Table 1: Warrant Distribution Summary
Description Check #’s Amount
General Warrants 41757 – 41874 $2,532,910.16
Table 2: Wire Transfer Summary
Description Vendor Amount
Payroll and Taxes US Bank $669,389.54
SDI EDD $2,866.55
CalPERS Payment CalPERS $311,132.43
DISCUSSION:

Warrant requests are processed weekly based on the Fiscal Year 2024/2025 Adopted Budget and released for payment every Monday. Each demand has been audited and the Finance Director hereby certifies as to their accuracy and that there were sufficient funds for their payment. Per the request of City Council, we have included the departments from which each of the respective warrants were requested as well as the fund/division description from which they were paid.

FINANCIAL IMPACT:

Demands for payments are made within the constraints of the Fiscal Year 2024/2025 Adopted Budget.

ALTERNATIVES:

Informational only.

ATTACHMENTS:

Register of Audited Demands

CHECK PAY DATE DEPARTMENT PAID FROM ORG ISSUED TO DESCRIPTION AMOUNT 41757 02/26/2025 CENTRAL ADMINISTRATION STREETS VALDEZ, JAVIER PER DIEM - AEMA-ARRA-OSSA ANNUAL MEETING 277.50 41758 02/26/2025 PARKS ADMINISTRATION Comm & Rec Centers RINCON, NICKI PER DIEM - 2025 CPRS CONNECTIONS CONFERENCE 316.61 41759 02/26/2025 WWTP WWTP TERRAFORM POWER, LLC. SOLAR ELECTRIC UTILITIES 10/24 17,146.67 41760 02/26/2025 HR/RISK MGT PD Operations BIANCHI, BRANDON TUITION REIMBURSEMENT 459.00 41761 02/26/2025 CENTRAL ADMINISTRATION STREETS HICKMAN, JAMIE PER DIEM - AEMA-ARRA-OSSA ANNUAL MEETING 277.50 41762 02/26/2025 PARKS ADMINISTRATION Sports Programs J & D MANUFACTURING TINY TIKES SHIRTS 253.31 41763 02/26/2025 GRANTS TRANS - FIXED MV TRANSPORTATION, INC. TRANSIT OPERATOR 01/25 118,815.54 41763 02/26/2025 GRANTS TRANS - DAR MV TRANSPORTATION, INC. TRANSIT OPERATOR 01/25 72,168.22 41764 02/26/2025 CITY ADMIN Central Admin CRISCOM PUBLIC RELATIONS, INC. CONSULTANT SERVICES 4,000.00 41765 02/26/2025 FLEET MAINTENANCE Fleet Maintenance O'REILLY AUTOMOTIVE STORES, INC. MISC REPAIR PARTS 5,625.13 41766 02/26/2025 FLEET MAINTENANCE Fleet Maintenance O'REILLY AUTOMOTIVE STORES, INC. MISC REPAIR PARTS 312.52 41767 02/26/2025 ENGINEERING Water Mtnc/Operations DAVIDS ENGINEERING, INC. PROFESSIONAL SERVICES 363.75 41768 02/26/2025 FIRE MEAS K - FIRE VAN DE POL ENTERPRISES, INC. FUEL CDF - BULK DIESEL 2,258.05 41769 02/26/2025 ENGINEERING AFFORDABLE HOUSING THE MADERA MAIL DROP PLAN & SPECS PRINTING 996.60 41770 02/26/2025 GRANTS CDBG Public Services OLIVE CHARITABLE ORGANIZATION CDBG 24/25 - BENNET HOUSE Q2 4TH INVOICE 1,610.94 41771 02/26/2025 HR/RISK MGT PD Operations VIDEGAIN, ALICIA TUITION REIMBURSEMENT 918.00 41772 02/26/2025 FINANCE AIRPORT OPS PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 01/25 105.75 41772 02/26/2025 FINANCE Central Admin PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 01/25 170.65 41772 02/26/2025 FINANCE Comm & Rec Centers PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 01/25 669.40 41772 02/26/2025 FINANCE COMPUTER MAINT PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 01/25 17.50 41772 02/26/2025 FINANCE Engineering PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 01/25 124.30 41772 02/26/2025 FINANCE Facilities Maintenance PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 01/25 702.28 41772 02/26/2025 FINANCE Fleet Maintenance PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 01/25 560.25 41772 02/26/2025 FINANCE Parks PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 01/25 837.98 41772 02/26/2025 FINANCE STREETS PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 01/25 958.66 41772 02/26/2025 FINANCE Sewer Mtnc/Operations PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 01/25 354.05 41772 02/26/2025 FINANCE Street Cleaning PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 01/25 86.90 41772 02/26/2025 FINANCE UB - Water PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 01/25 56.85 41772 02/26/2025 FINANCE Water Mtnc/Operations PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 01/25 744.55 41772 02/26/2025 FINANCE Water Quality Control PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 01/25 429.53 41772 02/26/2025 FINANCE WWTP PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 01/25 954.44 41772 02/26/2025 FINANCE PD Operations PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 01/25 170.30 41773 02/26/2025 PD OPERATIONS PD Operations JERRON ROMIAS PER DIEM - K-9 CONFERENCE 322.50 41774 02/26/2025 PARKS ADMINISTRATION Recreation DERRICK SANCHEZ PER DIEM - 2025 CPRS CONNECTIONS CONFERENCE 402.61 41775 02/26/2025 PD OPERATIONS PD Operations JEREMY TRINH PER DIEM - K-9 CONFERENCE 322.50 41776 02/26/2025 FINANCE Madera Groundwater JPA Committ JACOB T ROBERSON MRWM CONSULTING - 01/25 2,362.00 41776 02/26/2025 FINANCE Madera Groundwater JPA Committ JACOB T ROBERSON REIMBURSEMENT - ZOOM WORKPLACE 159.90 41777 02/26/2025 STREETS CDBG Public ImprovementsISMAEL VALENZUELA TREE REMOVAL 13,715.00 41778 02/26/2025 PW ADMIN AIRPORT OPS ONE MAIN JANITORIAL INC REIMBURSEMENT - CLEANING SUPPLIES 76.20 41778 02/26/2025 PW ADMIN Central Admin ONE MAIN JANITORIAL INC REIMBURSEMENT - CLEANING SUPPLIES 447.66

CITY OF MADERA
REGISTER OF AUDITED DEMANDS FOR BANK #1 - US BANK GENERAL ACCOUNT March 19, 2025

CHECK PAY DATE DEPARTMENT PAID FROM ORG ISSUED TO DESCRIPTION AMOUNT 41778 02/26/2025 PW ADMIN Comm & Rec Centers ONE MAIN JANITORIAL INC REIMBURSEMENT - CLEANING SUPPLIES 1,147.08 41778 02/26/2025 PW ADMIN COMPUTER MAINT ONE MAIN JANITORIAL INC REIMBURSEMENT - CLEANING SUPPLIES 13.19 41778 02/26/2025 PW ADMIN Engineering ONE MAIN JANITORIAL INC REIMBURSEMENT - CLEANING SUPPLIES 272.84 41778 02/26/2025 PW ADMIN Finance ONE MAIN JANITORIAL INC REIMBURSEMENT - CLEANING SUPPLIES 43.24 41778 02/26/2025 PW ADMIN INTERMODAL BLDG ONE MAIN JANITORIAL INC REIMBURSEMENT - CLEANING SUPPLIES 117.40 41778 02/26/2025 PW ADMIN Parks ONE MAIN JANITORIAL INC REIMBURSEMENT - CLEANING SUPPLIES 38.82 41778 02/26/2025 PW ADMIN Sewer Mtnc/Operations ONE MAIN JANITORIAL INC REIMBURSEMENT - CLEANING SUPPLIES 209.32 41778 02/26/2025 PW ADMIN SOLID WASTE ONE MAIN JANITORIAL INC REIMBURSEMENT - CLEANING SUPPLIES 209.32 41778 02/26/2025 PW ADMIN TRANS - FIXED ONE MAIN JANITORIAL INC REIMBURSEMENT - CLEANING SUPPLIES 79.49 41778 02/26/2025 PW ADMIN TRANS - DAR ONE MAIN JANITORIAL INC REIMBURSEMENT - CLEANING SUPPLIES 79.49 41778 02/26/2025 PW ADMIN UB - Garbage ONE MAIN JANITORIAL INC REIMBURSEMENT - CLEANING SUPPLIES 43.24 41778 02/26/2025 PW ADMIN UB - Sewer ONE MAIN JANITORIAL INC REIMBURSEMENT - CLEANING SUPPLIES 43.24 41778 02/26/2025 PW ADMIN UB - Water ONE MAIN JANITORIAL INC REIMBURSEMENT - CLEANING SUPPLIES 86.84 41778 02/26/2025 PW ADMIN WWTP ONE MAIN JANITORIAL INC REIMBURSEMENT - CLEANING SUPPLIES 94.56 41778 02/26/2025 PW ADMIN MEAS K - PD ONE MAIN JANITORIAL INC REIMBURSEMENT - CLEANING SUPPLIES 117.39 41778 02/26/2025 PW ADMIN PD Operations ONE MAIN JANITORIAL INC REIMBURSEMENT - CLEANING SUPPLIES 544.00 41779 02/26/2025 HR/RISK MGT PD Operations ADAMS, MARK TUITION REIMBURSEMENT 918.00 41779 02/26/2025 PD OPERATIONS MEAS K - PD ADAMS, MARK PER DIEM - ANNUAL TRAINING SYMPOSIUM 258.00 41780 02/26/2025 PD OPERATIONS PD Operations ARNOLD, JOSIAH PER DIEM - ANNUAL TRAINING SYMPOSIUM 258.00 41781 02/26/2025 GRANTS Home Program Income MEADOWS MOBILE HOME PARK SPACE RENTAL #86 02/25 811.73 41782 02/26/2025 GRANTS Home Program Income MEADOWS MOBILE HOME PARK SPACE RENTAL #19 02/25 870.76 41783 02/26/2025 GRANTS Home Program Income MEADOWS MOBILE HOME PARK SPACE RENTAL #23 02/25 833.21 41784 02/26/2025 ENGINEERING Sewer Capital Outlay BSK ASSOCIATES TESTING AND CALIBRATION SERVICES SS14 4,327.25 41785 02/26/2025 CITY ADMIN PD Operations CHIARAMONTE, GIACHINO PER DIEM - ANNUAL TRAINING SYMPOSIUM 344.00 41786 02/26/2025 FINANCE PAYROLL TRUST COLONIAL LIFE & ACCIDENT INSURANCE CO #E700482-3 FOR 02/14/2024 PAYROLL 936.34 41787 02/26/2025 FLEET ACQUISITION Fleet Acquisition DOWNTOWN FORD SALES 2025 FORD PICKUP #1547 49,074.85 41787 02/26/2025 FLEET ACQUISITION Fleet Acquisition DOWNTOWN FORD SALES 2025 FORD PICKUP #1549 43,938.39 41787 02/26/2025 FLEET ACQUISITION Fleet Acquisition DOWNTOWN FORD SALES 2025 FORD PICKUP #1548 43,938.39 41788 02/26/2025 BUILDING Building FIRE SAFETY SOLUTIONS, INC. FIRE PROTECTION SVS 01/16/25-01/31/25 14,505.00 41788 02/26/2025 BUILDING Building FIRE SAFETY SOLUTIONS, INC. FIRE PROTECTION SVS 02/01/25-02/15/2025 15,540.00 41789 02/26/2025 FACILITIES Facilities Maintenance JAM SERVICES INC TRAFFIC SIGNAL BULBS 883.32 41789 02/26/2025 FACILITIES Facilities Maintenance JAM SERVICES INC ELECTRIC BOX - JAW LIDS 1,423.49 41790 02/26/2025 PD OPERATIONS PD Operations LEXIPOL LLC RECORDS MGMT SYSTEM 10,169.25 41791 02/26/2025 FINANCE General Fund MADERA COUNTY FY 23/24 LIBRARY SVS MCC12403A-24 51,500.00 41791 02/26/2025 FINANCE General Fund MADERA COUNTY FY 24/25 LIBRARY SVS MCC12403A-24 53,045.00 41792 02/26/2025 ENGINEERING LTF - Streets MADERA COUNTY AMTRAK STATION 50/50 MAINTENANCE AGREEMENT 1,480.10 41793 02/26/2025 ENGINEERING AFFORDABLE HOUSING O'DELL ENGINEERING, INC. DESIGN SERVICES R-000094 7,833.75 41794 02/26/2025 WWTP WWTP SPARKLETTS WWTP - LAB & DRINKING WATER 31.68 41795 02/26/2025 WWTP WWTP SYNAGRO WEST, INC. SLUDGE HAULING & DISPOSAL 12,695.23 41796 02/26/2025 PARKS Parks WEST COAST ARBORISTS, INC. CITY WIDE TREE TRIMMING 9,450.00 41796 02/26/2025 PARKS ADMINISTRATION Parks WEST COAST ARBORISTS, INC. CITY WIDE TREE TRIMMING 30,240.00 41797 02/26/2025 UB - WATER Water Fund OTP- UB REFUNDS UB TERM REFUND 10001112 105.31 41798 02/26/2025 UB - WATER Water Fund OTP- UB REFUNDS UB TERM REFUND 9923068 221.91

CHECK PAY DATE DEPARTMENT PAID FROM ORG ISSUED TO DESCRIPTION AMOUNT 41799 02/26/2025 UB - WATER Water Fund OTP- UB REFUNDS UB TERM REFUND 6739406 204.61 41800 02/26/2025 UB - WATER Water Fund OTP- UB REFUNDS UB TERM REFUND 4504001 102.75 41801 02/26/2025 UB - WATER Water Fund OTP- UB REFUNDS UB TERM REFUND 9905118 3266 282.64 41802 02/26/2025 UB - WATER Water Fund OTP- UB REFUNDS UB TERM REFUND 9914299 131.91 41803 02/26/2025 UB - WATER Water Fund OTP- UB REFUNDS UB TERM REFUND 9921773 429.76 41804 02/26/2025 UB - WATER Water Fund OTP- UB REFUNDS UB TERM REFUND 4576152 244.38 41805 02/26/2025 UB - WATER Water Fund OTP- UB REFUNDS UB TERM REFUND 9922326 258.43 41806 02/26/2025 UB - WATER Water Fund OTP- UB REFUNDS UB TERM REFUND 9925726 103.96 41807 02/26/2025 UB - WATER Water Fund OTP- UB REFUNDS UB TERM REFUND 9923367 73.44 41808 02/26/2025 UB - WATER Water Fund OTP- UB REFUNDS UB TERM REFUND 9924738 86.19 41809 03/04/2025 FINANCE Animal Control VAN DE POL ENTERPRISES, INC. FUEL CITY VEHICLES - 02/01/25-02/15/25 294.39 41809 03/04/2025 FINANCE Building VAN DE POL ENTERPRISES, INC. FUEL CITY VEHICLES - 02/01/25-02/15/25 83.25 41809 03/04/2025 FINANCE Code Enforcement VAN DE POL ENTERPRISES, INC. FUEL CITY VEHICLES - 02/01/25-02/15/25 221.06 41809 03/04/2025 FINANCE DRAINAGE VAN DE POL ENTERPRISES, INC. FUEL CITY VEHICLES - 02/01/25-02/15/25 509.87 41809 03/04/2025 FINANCE Engineering VAN DE POL ENTERPRISES, INC. FUEL CITY VEHICLES - 02/01/25-02/15/25 278.17 41809 03/04/2025 FINANCE Facilities Maintenance VAN DE POL ENTERPRISES, INC. FUEL CITY VEHICLES - 02/01/25-02/15/25 314.11 41809 03/04/2025 FINANCE Fleet Maintenance VAN DE POL ENTERPRISES, INC. FUEL CITY VEHICLES - 02/01/25-02/15/25 56.54 41809 03/04/2025 FINANCE Fleet Motor Pool VAN DE POL ENTERPRISES, INC. FUEL CITY VEHICLES - 02/01/25-02/15/25 19.87 41809 03/04/2025 FINANCE GRAFFITI ABATE VAN DE POL ENTERPRISES, INC. FUEL CITY VEHICLES - 02/01/25-02/15/25 478.30 41809 03/04/2025 FINANCE LMD Services VAN DE POL ENTERPRISES, INC. FUEL CITY VEHICLES - 02/01/25-02/15/25 686.06 41809 03/04/2025 FINANCE Parks VAN DE POL ENTERPRISES, INC. FUEL CITY VEHICLES - 02/01/25-02/15/25 1,743.92 41809 03/04/2025 FINANCE STREETS VAN DE POL ENTERPRISES, INC. FUEL CITY VEHICLES - 02/01/25-02/15/25 2,588.85 41809 03/04/2025 FINANCE Sewer Mtnc/Operations VAN DE POL ENTERPRISES, INC. FUEL CITY VEHICLES - 02/01/25-02/15/25 724.10 41809 03/04/2025 FINANCE Street Cleaning VAN DE POL ENTERPRISES, INC. FUEL CITY VEHICLES - 02/01/25-02/15/25 1,640.63 41809 03/04/2025 FINANCE TRANS - FIXED VAN DE POL ENTERPRISES, INC. FUEL CITY VEHICLES - 02/01/25-02/15/25 3,613.68 41809 03/04/2025 FINANCE TRANS - DAR VAN DE POL ENTERPRISES, INC. FUEL CITY VEHICLES - 02/01/25-02/15/25 3,287.93 41809 03/04/2025 FINANCE Water Mtnc/Operations VAN DE POL ENTERPRISES, INC. FUEL CITY VEHICLES - 02/01/25-02/15/25 1,276.61 41809 03/04/2025 FINANCE Water Quality Control VAN DE POL ENTERPRISES, INC. FUEL CITY VEHICLES - 02/01/25-02/15/25 42.75 41809 03/04/2025 FINANCE PD Operations VAN DE POL ENTERPRISES, INC. FUEL CITY VEHICLES - 02/01/25-02/15/25 8,344.91 41809 03/04/2025 FINANCE PW Safe & Clean Initiative VAN DE POL ENTERPRISES, INC. FUEL CITY VEHICLES - 02/01/25-02/15/25 315.51 41810 03/04/2025 HR/RISK MGT HR/RISK MGT SIJ HOLDINGS LLC RECRUITMENT ADS 3,729.00 41811 03/04/2025 FINANCE General Trust Fund CALIFORNIA ENVIRONMENTAL PROTECTION AGENCY MPD ASSET FORFEITURE - 24M-02614 756.82 41812 03/04/2025 FACILITIES Facilities Maintenance MESA ENERGY SYSTEMS, INC HVAC MAINTENANCE - CITY HALL 4,793.98 41813 03/04/2025 FINANCE AIRPORT OPS PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 02/25 84.60 41813 03/04/2025 FINANCE Central Admin PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 02/25 136.52 41813 03/04/2025 FINANCE Comm & Rec Centers PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 02/25 535.52 41813 03/04/2025 FINANCE COMPUTER MAINT PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 02/25 14.00 41813 03/04/2025 FINANCE Engineering PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 02/25 99.44 41813 03/04/2025 FINANCE Facilities Maintenance PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 02/25 556.64 41813 03/04/2025 FINANCE Fleet Maintenance PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 02/25 448.20 41813 03/04/2025 FINANCE Parks PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 02/25 711.96 41813 03/04/2025 FINANCE STREETS PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 02/25 966.35 41813 03/04/2025 FINANCE Sewer Mtnc/Operations PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 02/25 283.24

CHECK PAY DATE DEPARTMENT PAID FROM ORG ISSUED TO DESCRIPTION AMOUNT 41813 03/04/2025 FINANCE Street Cleaning PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 02/25 91.67 41813 03/04/2025 FINANCE UB - Water PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 02/25 45.48 41813 03/04/2025 FINANCE Water Mtnc/Operations PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 02/25 595.64 41813 03/04/2025 FINANCE Water Quality Control PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 02/25 166.60 41813 03/04/2025 FINANCE WWTP PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 02/25 738.24 41813 03/04/2025 FINANCE PD Operations PRUDENTIAL OVERALL SUPPLY UNIFORM SERVICES 02/25 136.24 41814 03/04/2025 PW ADMIN AIRPORT OPS EAGLESHIELD PEST CONTROL PEST CONTROL SERVICES 02/25 39.00 41814 03/04/2025 PW ADMIN Central Admin EAGLESHIELD PEST CONTROL PEST CONTROL SERVICES 02/25 39.00 41814 03/04/2025 PW ADMIN Comm & Rec Centers EAGLESHIELD PEST CONTROL PEST CONTROL SERVICES 02/25 351.00 41814 03/04/2025 PW ADMIN Engineering EAGLESHIELD PEST CONTROL PEST CONTROL SERVICES 02/25 78.00 41814 03/04/2025 PW ADMIN Fire EAGLESHIELD PEST CONTROL PEST CONTROL SERVICES 02/25 117.00 41814 03/04/2025 PW ADMIN INTERMODAL BLDG EAGLESHIELD PEST CONTROL PEST CONTROL SERVICES 02/25 78.00 41814 03/04/2025 PW ADMIN Parks EAGLESHIELD PEST CONTROL PEST CONTROL SERVICES 02/25 39.00 41814 03/04/2025 PW ADMIN Sewer Mtnc/Operations EAGLESHIELD PEST CONTROL PEST CONTROL SERVICES 02/25 19.50 41814 03/04/2025 PW ADMIN Water Mtnc/Operations EAGLESHIELD PEST CONTROL PEST CONTROL SERVICES 02/25 19.50 41814 03/04/2025 PW ADMIN WWTP EAGLESHIELD PEST CONTROL PEST CONTROL SERVICES 02/25 39.00 41814 03/04/2025 PW ADMIN PD Operations EAGLESHIELD PEST CONTROL PEST CONTROL SERVICES 02/25 39.00 41815 03/04/2025 UB - WATER UB - Garbage SAFEGUARD BUSINESS SYSTEMS, INC. UB BAGS AND DEPOSIT SLIPS 136.76 41815 03/04/2025 UB - WATER UB - Sewer SAFEGUARD BUSINESS SYSTEMS, INC. UB BAGS AND DEPOSIT SLIPS 136.75 41815 03/04/2025 UB - WATER UB - Water SAFEGUARD BUSINESS SYSTEMS, INC. UB BAGS AND DEPOSIT SLIPS 273.51 41816 03/04/2025 FINANCE Finance NOVOGRADAC & COMPANY LLP PROFESSIONAL SERVICES 10,500.00 41817 03/04/2025 PD OPERATIONS MEAS K - PD HERWALDT AUTOMOTIVE GROUP INC. VEHICLE KEY 832.99 41817 03/04/2025 PD OPERATIONS MEAS K - PD HERWALDT AUTOMOTIVE GROUP INC. BIKE INSPECTION 619.73 41818 03/04/2025 FINANCE Comm & Rec Centers AT&T 01/25 CALNET SERVICE 9391026396 1,155.91 41818 03/04/2025 FINANCE MEAS K - FIRE AT&T 01/25 CALNET SERVICE 9391068734 62.55 41818 03/04/2025 FINANCE Sewer Mtnc/Operations AT&T 02/25 CALNET SERVICE 9391031570 680.73 41818 03/04/2025 FINANCE Sr Citizen Community ServiceAT&T 01/25 CALNET SERVICE 9391026403 34.51 41818 03/04/2025 FINANCE Sr Citizen Community ServiceAT&T 01/25 CALNET SERVICE 9391026398 31.77 41818 03/04/2025 FINANCE PD Operations AT&T 01/25 CALNET SERVICE 9391026401 31.77 41818 03/04/2025 FINANCE PD Operations AT&T 02/25 CALNET SERVICE 9391020514 155.55 41819 03/04/2025 BUILDING Building AMERICAN BUSINESS MACHINES COPIER LEASE 202.12 41819 03/04/2025 BUILDING Building AMERICAN BUSINESS MACHINES PRINTER FINANCE CHARGE 38.00 41820 03/04/2025 ENGINEERING LTF - Streets SKIBO APPRAISAL SERVICES APRAISAL - 620 CLINTON ST 400.00 41820 03/04/2025 ENGINEERING LTF - Streets SKIBO APPRAISAL SERVICES APRAISAL - S C ST 400.00 41820 03/04/2025 ENGINEERING LTF - Streets SKIBO APPRAISAL SERVICES APRAISAL - S B ST 400.00 41821 03/04/2025 HR/RISK MGT Comm & Rec Centers CA DEPARTMENT OF JUSTICE PRE-EMPLOYMENT SVS 32.00 41821 03/04/2025 HR/RISK MGT HR/RISK MGT CA DEPARTMENT OF JUSTICE PRE-EMPLOYMENT SVS 96.00 41822 03/04/2025 FACILITIES Facilities Maintenance CALIFORNIA CLIMATE CONTROL, INC. HVAC MAINTENANCE - CITY CLERK 1,499.76 41822 03/04/2025 FACILITIES Facilities Maintenance CALIFORNIA CLIMATE CONTROL, INC. HVAC MAINTENANCE - HR 195.00 41823 03/04/2025 PURCHASING AIRPORT OPS CANON FINANCIAL SERVICES COPIER CONTRACT 02/25 73.62 41823 03/04/2025 PURCHASING Building CANON FINANCIAL SERVICES COPIER CONTRACT 02/25 90.74 41823 03/04/2025 PURCHASING City Clerk's Office CANON FINANCIAL SERVICES COPIER CONTRACT 02/25 41.95 41823 03/04/2025 PURCHASING Engineering CANON FINANCIAL SERVICES COPIER CONTRACT 02/25 270.63

CHECK PAY DATE DEPARTMENT PAID FROM ORG ISSUED TO DESCRIPTION AMOUNT 41823 03/04/2025 PURCHASING Finance CANON FINANCIAL SERVICES COPIER CONTRACT 02/25 414.60 41823 03/04/2025 PURCHASING HR/RISK MGT CANON FINANCIAL SERVICES COPIER CONTRACT 02/25 74.43 41823 03/04/2025 PURCHASING Parks Administration CANON FINANCIAL SERVICES COPIER CONTRACT 02/25 167.79 41823 03/04/2025 PURCHASING Planning CANON FINANCIAL SERVICES COPIER CONTRACT 02/25 81.19 41823 03/04/2025 PURCHASING Sewer Mtnc/Operations CANON FINANCIAL SERVICES COPIER CONTRACT 02/25 41.14 41823 03/04/2025 PURCHASING SOLID WASTE CANON FINANCIAL SERVICES COPIER CONTRACT 02/25 41.14 41823 03/04/2025 PURCHASING TRANS - FIXED CANON FINANCIAL SERVICES COPIER CONTRACT 02/25 41.95 41823 03/04/2025 PURCHASING TRANS - DAR CANON FINANCIAL SERVICES COPIER CONTRACT 02/25 41.95 41823 03/04/2025 PURCHASING Water Mtnc/Operations CANON FINANCIAL SERVICES COPIER CONTRACT 02/25 41.14 41823 03/04/2025 PURCHASING Water Quality Control CANON FINANCIAL SERVICES COPIER CONTRACT 02/25 113.66 41823 03/04/2025 PURCHASING WWTP CANON FINANCIAL SERVICES COPIER CONTRACT 02/25 189.19 41823 03/04/2025 PURCHASING PD Operations CANON FINANCIAL SERVICES COPIER CONTRACT 02/25 436.19 41824 03/04/2025 FINANCE COMPUTER MAINT COMCAST 02/25 SVS 8155500320322006 88.13 41824 03/04/2025 FINANCE PD Operations COMCAST 02/25 SVS 8155500320092096 227.93 41825 03/04/2025 GRANTS CDBG Public Services COMMUNITY ACTION PRTNRSHP OF MADERA CDBG FY 24/25 CAPMC HOUSING STABLIZATION Q2 41,699.45 41825 03/04/2025 GRANTS CDBG Public Services COMMUNITY ACTION PRTNRSHP OF MADERA CDBG FY 24/25 CAPMC FMCOC Q2 2,734.63 41826 03/04/2025 HR/RISK MGT HR/RISK MGT OCCUPATIONAL HEALTH CENTERS OF CALIFORNIA, A MEDIC PRE-EMPLOYMENT SERVICES 293.00 41827 03/04/2025 FIRE Fire CUMMINS PACIFIC LLC REPAIRS - ENGINE 56 6,166.89 41828 03/04/2025 FIRE Fire DEPARTMENT OF FORESTRY AND FIRE Q2 ACTUAL BILLING FOR CITY CONTRACT FY 24/25 968,952.79 41828 03/04/2025 FIRE MEAS K - FIRE DEPARTMENT OF FORESTRY AND FIRE Q2 ACTUAL BILLING FOR CITY CONTRACT FY 24/25 484,476.40 41829 03/04/2025 FIRE MEAS K - FIRE DIAMOND COMMUNICATIONS FIRE ALARM MONITORING - 35.00 41829 03/04/2025 PARKS ADMINISTRATION Comm & Rec Centers DIAMOND COMMUNICATIONS SERVICE CALL - PANAM 174.50 41830 03/04/2025 FLEET ACQUISITION Fleet Acquisition DOWNTOWN FORD SALES 2025 FORD PICKUP #1550 43,482.66 41831 03/04/2025 PD OPERATIONS MEAS K - PD CITY OF FRESNO TRAINING - BASIC POLICE MOTORCYCLE 3,816.00 41831 03/04/2025 PD OPERATIONS PD Operations CITY OF FRESNO TRAINING - BASIC POLICE MOTORCYCLE 1,908.00 41832 03/04/2025 FINANCE WATER CONSERV CITY OF MADERA TOILET REBATE - 6530054 200.00 41832 03/04/2025 FINANCE WATER CONSERV CITY OF MADERA TOILET REBATE - 7893001 99.00 41833 03/04/2025 GRANTS CDBG Public Services MADERA COALITION FOR COMM JUSTICE CDBG 24/25 Q2 MCCJ YOUTH ENVIRONMENTAL STEWARDSHIP 2,500.00 41834 03/04/2025 FINANCE General Trust Fund MADERA COUNTY MPD ASSET FORFEITURE - 24M-02614 18,163.62 41835 03/04/2025 FINANCE General Trust Fund MADERA COUNTY DISTRICT ATTORNEY MPD ASSET FORFEITURE - 24M-02614 8,195.16 41836 03/04/2025 FINANCE General Trust Fund MADERA POLICE DEPARTMENT MPD ASSET FORFEITURE - 24M-02614 49,193.13 41837 03/04/2025 CITY CLERK'S OFFICE City Clerk's Office MADERA TRIBUNE PUBLICATION OF ORDINANCE - 1014 CS 357.50 41837 03/04/2025 CITY CLERK'S OFFICE City Clerk's Office MADERA TRIBUNE PUBLICATION OF ORDINANCE - 1013 CS 370.50 41837 03/04/2025 CITY CLERK'S OFFICE City Clerk's Office MADERA TRIBUNE PUBLICATION OF ORDINANCE - 1012 CS 357.50 41837 03/04/2025 CITY CLERK'S OFFICE Water Mtnc/Operations MADERA TRIBUNE PUBLIC NOTICE - LEAD COPPER RULE REVISIONS 351.00 41837 03/04/2025 ENGINEERING LTF - Streets MADERA TRIBUNE REQUEST FOR BID - R-94 891.00 41837 03/04/2025 GRANTS CDBG ADMIN MADERA TRIBUNE PUBLIC NOTICE - CON PLAN AMEMENDMENT 266.50 41837 03/04/2025 HR/RISK MGT HR/RISK MGT MADERA TRIBUNE JOB ADVERSTISEMENT 45.60 41838 03/04/2025 PW ADMIN STREETS MID VALLEY DISPOSAL INC. WASTE DISPOSAL 12,587.57 41838 03/04/2025 PW ADMIN Street Cleaning MID VALLEY DISPOSAL INC. WASTE DISPOSAL 5,859.48 41838 03/04/2025 PW ADMIN WWTP MID VALLEY DISPOSAL INC. WASTE DISPOSAL 887.10 41838 03/04/2025 PW ADMIN PW Safe & Clean Initiative MID VALLEY DISPOSAL INC. WASTE DISPOSAL 512.20 41838 03/04/2025 STREETS STREETS MID VALLEY DISPOSAL INC. WASTE DISPOSAL SHARON BLVD 11/01/24 - 11/15/24 1,448.99

CHECK PAY DATE DEPARTMENT PAID FROM ORG ISSUED TO DESCRIPTION AMOUNT 41838 03/04/2025 STREETS STREETS MID VALLEY DISPOSAL INC. WASTE DISPOSAL SHARON BLVD 12/01/24 - 12/15/24 2,038.29 41838 03/04/2025 STREETS STREETS MID VALLEY DISPOSAL INC. WASTE DISPOSAL COMMERCE/ALMOND 01/01/25 - 01/15/25 5,240.39 41838 03/04/2025 STREETS STREETS MID VALLEY DISPOSAL INC. WASTE DISPOSAL SHARON BLVD 01/01/25 - 01/15/25 21.73 41838 03/04/2025 STREETS STREETS MID VALLEY DISPOSAL INC. WASTE DISPOSAL SHARON BLVD 12/16/24 - 12/31/24 917.30 41838 03/04/2025 STREETS STREETS MID VALLEY DISPOSAL INC. WASTE DISPOSAL COMMERCE/ALMOND 12/16/24 - 12/31/24 2,812.77 41838 03/04/2025 WWTP WWTP MID VALLEY DISPOSAL INC. WASTE DISPOSAL WWTP 11/16/24 - 11/30/24 1,163.06 41838 03/04/2025 WWTP WWTP MID VALLEY DISPOSAL INC. WASTE DISPOSAL WWTP 11/01/24 - 11/15/24 825.89 41838 03/04/2025 WWTP WWTP MID VALLEY DISPOSAL INC. WASTE DISPOSAL WWTP 01/01/25 - 01/15/25 1,209.22 41838 03/04/2025 WWTP WWTP MID VALLEY DISPOSAL INC. WASTE DISPOSAL WWTP 12/01/24 - 12/15/24 876.93 41838 03/04/2025 WWTP WWTP MID VALLEY DISPOSAL INC. WASTE DISPOSAL WWTP 12/16/24 - 12/31/24 1,639.23 41838 03/04/2025 WATER MTNC/OPERATIONS Street Cleaning MID VALLEY DISPOSAL INC. WASTE DISPOSAL CITY YARDS 11/01/24 - 11/15/24 5,186.01 41838 03/04/2025 WATER MTNC/OPERATIONS Street Cleaning MID VALLEY DISPOSAL INC. WASTE DISPOSAL CITY YARDS 11/16/24 - 11/30/24 8,282.65 41838 03/04/2025 WATER MTNC/OPERATIONS Street Cleaning MID VALLEY DISPOSAL INC. WASTE DISPOSAL CITY YARDS 01/01/25 - 01/15/25 7,361.22 41838 03/04/2025 WATER MTNC/OPERATIONS Street Cleaning MID VALLEY DISPOSAL INC. WASTE DISPOSAL CITY YARDS 12/01/24 - 12/15/24 7,575.71 41838 03/04/2025 WATER MTNC/OPERATIONS Street Cleaning MID VALLEY DISPOSAL INC. WASTE DISPOSAL CITY YARDS 12/16/24 - 12/31/24 4,981.52 41838 03/04/2025 WATER MTNC/OPERATIONS PW Safe & Clean Initiative MID VALLEY DISPOSAL INC. WASTE DISPOSAL CITY YARDS 11/01/24 - 11/15/24 1,399.59 41838 03/04/2025 WATER MTNC/OPERATIONS PW Safe & Clean Initiative MID VALLEY DISPOSAL INC. WASTE DISPOSAL CITY YARDS 11/16/24 - 11/30/24 730.38 41838 03/04/2025 WATER MTNC/OPERATIONS PW Safe & Clean Initiative MID VALLEY DISPOSAL INC. WASTE DISPOSAL CITY YARDS 01/01/25 - 01/15/25 2,887.55 41838 03/04/2025 WATER MTNC/OPERATIONS PW Safe & Clean Initiative MID VALLEY DISPOSAL INC. WASTE DISPOSAL CITY YARDS 12/01/24 - 12/15/24 1,572.62 41838 03/04/2025 WATER MTNC/OPERATIONS PW Safe & Clean Initiative MID VALLEY DISPOSAL INC. WASTE DISPOSAL CITY YARDS 12/16/24 - 12/31/24 1,568.55 41839 03/04/2025 FLEET MAINTENANCE Fleet Maintenance MUNICIPAL MAINTENANCE EQUIP., INC. DOOR REPAIRS #3004 SWEEPER 3,381.50 41840 03/04/2025 ENGINEERING LTF - Streets NATIONAL DATA & SURVEYING SERVICES TRAFFIC COUNTS - STADIUM RD & OLIVE AVE 790.00 41841 03/04/2025 PD OPERATIONS PD Operations NORTHERN CALIFORNIA REGIONAL PUBLIC SWAT TRAINING 3,000.00 41842 03/04/2025 HR/RISK MGT HR/RISK MGT OCCU-MED, LTD. EXAM SERVICES 5,230.93 41843 03/04/2025 FINANCE Facilities Maintenance PACIFIC GAS & ELECTRIC 01/25 SERVICE 5225647713-5 14.29 41843 03/04/2025 FINANCE Facilities Maintenance PACIFIC GAS & ELECTRIC 01/25 SERVICE 1598348280-1 111.34 41843 03/04/2025 FINANCE Facilities Maintenance PACIFIC GAS & ELECTRIC 01/25 SERVICE 1715785853-5 1,655.70 41843 03/04/2025 FINANCE Facilities Maintenance PACIFIC GAS & ELECTRIC 01/25 SERVICE 9787342989-4 174.03 41843 03/04/2025 FINANCE Facilities Maintenance PACIFIC GAS & ELECTRIC 01/25 SERVICE 5207933925-6 91.56 41843 03/04/2025 FINANCE Facilities Maintenance PACIFIC GAS & ELECTRIC 02/25 SERVICE 1619119913-8 163.09 41843 03/04/2025 FINANCE Facilities Maintenance PACIFIC GAS & ELECTRIC 02/25 SERVICE 6690755760-8 113.48 41843 03/04/2025 FINANCE Parks PACIFIC GAS & ELECTRIC 01/25 SERVICE 8675479583-8 56.51 41843 03/04/2025 FINANCE WWTP PACIFIC GAS & ELECTRIC 02/25 SERVICE 1902328695-8 24.64 41843 03/04/2025 FINANCE Zone 39 Activities PACIFIC GAS & ELECTRIC 01/25 SERVICE 6948316261-1 21.84 41844 03/04/2025 FINANCE CFD Debt Fund - 2006 BondsPITNEY BOWES, INC. POSTAGE MACHINE LEASE 12/30/24-03/29/25 63.26 41844 03/04/2025 FINANCE Water Mtnc/Operations PITNEY BOWES, INC. POSTAGE MACHINE LEASE 12/30/24-03/29/25 316.30 41844 03/04/2025 FINANCE WWTP PITNEY BOWES, INC. POSTAGE MACHINE LEASE 12/30/24-03/29/25 126.52 41845 03/04/2025 ENGINEERING Water Capital Outlay PROVOST & PRITCHARD CONSULTING ON-CALL W-39, W-40, & W-41 WATER MAIN REPLACEMENT 10,277.80 41845 03/04/2025 ENGINEERING Water Capital Outlay PROVOST & PRITCHARD CONSULTING DESIGN SERVICES FOR W-000009 3,366.10 41846 03/04/2025 PW ADMIN Airport Capital Projects REINARD W. BRANDLEY CONSULTING PROFESSIONAL ENGINEERING SVS 63,539.80 41847 03/04/2025 GRANTS INTERMODAL BLDG TECH. MASTER PEST MANAGEMENT SQUIRREL CONTROL - TRANSIT 150.00 41848 03/04/2025 PD OPERATIONS PD Operations TRANSUNION RISK & ALTERNATIVE DATA SOL. 01/25 DATABASE ACCESS 210.00 41849 03/04/2025 PD OPERATIONS PD Operations TYLER TECHNOLOGIES INC. BRAZOS MAINTENANCE 3,613.11

CHECK PAY DATE DEPARTMENT PAID FROM ORG ISSUED TO DESCRIPTION AMOUNT 41850 03/04/2025 PD OPERATIONS General Trust Fund OTP - FINANCE ADDITIONAL COURT SECURITY COVERAGE 90.13 41851 03/04/2025 PD OPERATIONS PD Operations ASSET FORFEITURE/OTHER PD REFUND - CANCELLED COURT DATE 275.00 41852 03/04/2025 PW ADMIN WATER CONSERV OTP- REBATES TURF REBATE - 9923609 3,000.00 41853 03/04/2025 PW ADMIN WATER CONSERV OTP- REBATES TURF REBATE - 9919794 3,000.00 41854 03/04/2025 PW ADMIN WATER CONSERV OTP- REBATES TURF REBATE - 9898112 2,664.00 41855 03/04/2025 PW ADMIN WATER CONSERV OTP- REBATES TURF REBATE - 9894182 2,855.00 41856 03/04/2025 BUILDING Building BLDING/PLAN REFNDS APPLICATION CANCELLED - REIMBURSE FEE 100.71 41856 03/04/2025 BUILDING General Fund BLDING/PLAN REFNDS APPLICATION CANCELLED - REIMBURSE FEE 5.30 41857 03/04/2025 BUILDING Building BLDING/PLAN REFNDS WRONG APPLICATION - REIMBURSE FEE 396.10 41857 03/04/2025 BUILDING General Fund BLDING/PLAN REFNDS WRONG APPLICATION - REIMBURSE FEE 7.33 41858 03/04/2025 BUILDING Building BLDING/PLAN REFNDS APPLICATION CANCELLED - REIMBURSE FEE 292.65 41858 03/04/2025 BUILDING General Fund BLDING/PLAN REFNDS APPLICATION CANCELLED - REIMBURSE FEE 1.50 41859 03/04/2025 BUILDING Building BLDING/PLAN REFNDS APPLICATION CANCELLED - REIMBURSE FEE 396.20 41859 03/04/2025 BUILDING General Fund BLDING/PLAN REFNDS APPLICATION CANCELLED - REIMBURSE FEE 4.06 41860 03/04/2025 PARKS ADMINISTRATION General Trust Fund OTP- PARKS REFUNDS REFUND DEPOSIT - ROTARY PAVILION 50.00 41861 03/04/2025 PARKS ADMINISTRATION General Trust Fund OTP- PARKS REFUNDS REFUND DEPOSIT - LTC BALL FIELD 7 50.00 41862 03/04/2025 PARKS ADMINISTRATION General Trust Fund OTP- PARKS REFUNDS DEPOSIT REFUND - PANAM GYM 200.00 41862 03/04/2025 PARKS ADMINISTRATION Parks Administration OTP- PARKS REFUNDS DEPOSIT REFUND - PANAM GYM 86.12 41863 03/04/2025 PARKS ADMINISTRATION General Trust Fund OTP- PARKS REFUNDS DEPOSIT REFUND - PANAM PICINC SHELTER 50.00 41864 03/04/2025 PARKS ADMINISTRATION Parks OTP- PARKS REFUNDS DEPOSIT REFUND - SUNRISE ROTARY FIEL 207.50 41865 03/04/2025 UB - WATER Water Fund OTP- UB REFUNDS UB 9924051 620 N G 248.38 41866 03/04/2025 FINANCE SOLID WASTE OTP- UB REFUNDS MISSAPPLIED PAYMENT - PERMIT #20067 19.13 41866 03/04/2025 FINANCE Water Utility OTP- UB REFUNDS MISSAPPLIED PAYMENT - PERMIT #20067 44.56 41866 03/04/2025 FINANCE Sewer Fund OTP- UB REFUNDS MISSAPPLIED PAYMENT - PERMIT #20067 47.37 41867 03/04/2025 FINANCE Water Utility OTP- UB REFUNDS UB TERM REFUND 9896169-508369 129.64 41868 03/04/2025 UB - WATER Water Fund OTP- UB REFUNDS UB TERM REFUND 9919650 91.79 41869 03/04/2025 UB - WATER Water Fund OTP- UB REFUNDS UB 9895032 200 E YOSEMITE 543.87 41870 03/04/2025 UB - WATER Water Fund OTP- UB REFUNDS UB TERM REFUND 103003 131.85 41871 03/04/2025 FINANCE Water Utility OTP- UB REFUNDS UB TERM REFUND 9899778-552436 750.84 41872 03/04/2025 FINANCE Water Utility OTP- UB REFUNDS UB TERM REFUND 9904108-557624 118.93 41873 03/04/2025 FINANCE SOLID WASTE OTP- UB REFUNDS UB TERM REFUND 9924534-513032 23.62 41873 03/04/2025 FINANCE Water Utility OTP- UB REFUNDS UB TERM REFUND 9924534-513032 12.11 41873 03/04/2025 FINANCE Sewer Fund OTP- UB REFUNDS UB TERM REFUND 9924534-513032 24.44 41873 03/04/2025 FINANCE Drainage Sys Operations OTP- UB REFUNDS UB TERM REFUND 9924534-513032 1.00 41874 03/04/2025 UB - WATER Water Fund OTP- UB REFUNDS UB TERM REFUND 2074002 55.35 659 02/28/2025 FINANCE PAYROLL TRUST MISSION SQUARE - 302351 PLAN #302351 CONTRIBS FOR 02/28/25 PAYROLL 31,520.87 660 03/07/2025 FINANCE PAYROLL TRUST NAVIA BENEFIT SOLUTIONS INC SECTION 125 PLAN YEAR FEE & PARTICIPANT FEE 124.00 661 03/07/2025 FINANCE PAYROLL TRUST NAVIA BENEFIT SOLUTIONS INC FSA SECTION 125 DISBURSEMENT 08/13/24 580.21 BANK #1 - US BANK GENERAL ACCOUNT TOTAL $ 2,532,910.16

REPORT TO CITY COUNCIL
Approved by: Council Meeting of: March 19, 2025
_________________________________ Agenda Number: ___________ Wendy Silva, Director of Human Resources
_________________________________
Arnoldo Rodriguez, City Manager
SUBJECT:

Informational Report on Personnel Activity
RECOMMENDATION:

This report is submitted for informational purposes only and there is no action requested from the City Council (Council).

SUMMARY:

The purpose of this report is to provide the Council an informational update on employment matters, including new hires, transfers, and terminations. This report represents activity since the prior report submitted on the February 19, 2025, City Council agenda.

DISCUSSION:

The Civil Service Commission (Commission) met March 3, 2025, to review eligibility lists for civil service recruitments. Lists were approved for the following classifications:
▪ Water System Worker I
▪ Administrative Analyst I
▪ Police Officer Trainee
▪ Police Officer I
▪ Police Officer II
The following employees began employment with the City since our last report.

Table 1. New Hires and Re-hires
Name Position Department Status* Effective
Date
Christopher Mendes Industrial Electrical
Technician
Public Works –
Facilities
FT 2/24/25
B-3
Table 1. New Hires and Re-hires, continued
Name Position Department Status* Effective
Date
Larissa Cancino Park Aide Parks & Community
Services
PT 2/24/25
Jordan De La Rosa Part Time Animal Control
Officer
Police PT 3/10/25
Cesar Perez Wastewater Treatment
Plant Lab
Analyst/Environmental
Compliance Inspector I
Public Works –
Wastewater
Treatment
FT 3/10/25
Joshua Leong Computer Technician I Information
Technology
FT 3/10/25
*Status: FT = Full Time, PT = Part Time, RA = Retired Annuitant The following employees separated from employment since our last report.

Table 2. Separations
Name Position Department Status* Effective
Date
Juan Montemayor Public Works
Maintenance Worker II
Public Works –
Sewer FT 2/7/25
Eric Dickey Park Aide Parks & Community
Services PT 2/14/25
Claudia Carreno Trejo Park Aide Parks & Community
Services PT 2/20/25
Roberto Saavedra Police Officer I Police FT 2/21/25
Sonia Haro Park Aide Parks & Community
Services PT 2/25/25
*Status: FT = Full Time, PT = Part Time, RA = Retired Annuitant FINANCIAL IMPACT:

Funding for positions and employees to fill those positions is contemplated annually by the Council in the budget process. During the course of any given fiscal year, individual employees filling specific positions may change due to a number of various circumstances. All hiring and termination decisions are subject to the approval of the City Manager.

ALTERNATIVES:

This report is for informational purposes only.

ATTACHMENTS:

None

REPORT TO CITY COUNCIL
Approved by: Council Meeting of: March 19, 2025
_________________________________ Agenda Number: ___________ Arnoldo Rodriguez, City Manager
SUBJECT:

Informational Report on Contract City Attorney Services and Litigation Expenditures RECOMMENDATION:

This report is submitted for informational purposes only and no action is requested from the City Council (Council).

SUMMARY:

The purpose of this report is to provide the Council with a monthly update on expenditures related to contract City Attorney services and specialized legal representation for various litigation matters.

DISCUSSION:

This report outlines charges paid for services performed by the City’s contract City Attorney. The information presented encompasses the invoices received from Aleshire & Wynder, LLP for January 2025, as well as tracking of the Fiscal Year (FY) 2024/25 invoices received through the FY 2024/25 Year-to-Date (YTD) column.

Should the Council desire additional information or modifications to the format in future iterations of this report, please advise accordingly.

Firm: Aleshire & Wynder, LLP (City Attorney Services and Litigation) Billing Periods: January 2025
Matter
Charges
January 2025 FY 2024/2025
(YTD)
General Legal Review/Advice $1,490.50 $11,293.04
City Clerk $5,210.80 $17,655.38
B-4
Attendance at Council Meetings &
Requests for Information/Research $4,254.70 $24,805.70
City Manager $54.20 $7,712.70
Review and Advice on Agreements $0.00 $0
Public Records Act Matters $0 $0
City Real Property $0 $768.50
Planning & Planning Commission $4,254.70 $15,119.70
Finance $1,447.20 $6,865.70
Successor Agency $0 $0
Public Works/Engineering $1,490.50 $12,408.50
Airports $0 $1,510.50
Grand Jury $0 $0
Personnel/Payroll $25.50 $1,040.50
Municipal Code Enforcement $0 $1,453.50
Police Department - General $135.50 $8,671.50
Parks $623.30 $3,087.80
Water $243.90 $4,748.90
Wastewater $189.70 $1,567.70
Economic Development $0 $0
Ordinances $189.70 $1,877.70
Special Projects $960.10 $960.10
Housing $0 $106.00
Cannabis $0 $0
Total Advisory Services $20,570.30 $121,653.42
Total Litigation Services $0 $19,810.81
Discounted Hours $0 $0
Travel/Lodging Expenses $0 $0
Shipping $0 $0
Process Server (Transcripts to
Superior Court
$0 $0
Total Advisory & Litigation Services $20,570.30 $141,464.23 FINANCIAL IMPACT:

For FY 2024/25, expenditures for invoices related to legal fees total $141,464.23. This represents expenditures for specific City Attorney services. A summary of invoices received to date are summarized per the following table.

Legal Invoices FY 2024/25 YTD
City Attorney Advisory Services
Aleshire and Wynder $121,653.42
Litigation Services (Including discounted hours, travel & shipping) Aleshire and Wynder $19,810.81
Total City Attorney and Litigation Services Year-End $141,464.23

ALTERNATIVES:

This report is for informational purposes only.

ATTACHMENTS:

None

REPORT TO CITY COUNCIL
Approved by: Council Meeting of: March 19, 2025
_________________________________ Agenda Number: ___________ Michael Lima, Director of Financial Services
_________________________________
Arnoldo Rodriguez, City Manager
SUBJECT:

Surplus Property Disposal
RECOMMENDATION:

Adopt a Resolution declaring certain property as identified on the Surplus Property List to be surplus in accordance with best practices and City policy SUMMARY:

In alignment with the City’s commitment to responsible asset management, staff periodically reviews its inventory of equipment, vehicles, and other tangible assets to identify items that have reached the end of their useful life. The attached document (Exhibit 1 - Surplus Property List) outlines items identified as surplus by various departments due to obsolescence, excessive maintenance costs, or diminished operation value, and as such, are no longer required for City operations. Pending Council approval, these items will be disposed of through sale at public auction, recycling, or scrapping. This proactive approach ensures efficient management of City assets and generates revenue through the responsible disposal of unneeded property.

DISCUSSION:

The items identified for surplus disposal have reached the end of their useful life or no longer fulfill a purpose for the City. This comprehensive list, sourced from the City's various departments, primarily aims to free up essential space required to store operational vehicles and other supplies and equipment. Considering that Madera is a full-service City, surplus equipment varies. Items include vehicles, mowers, heavy industrial equipment, office equipment, and furniture.

Recognizing the diverse nature of the items, the disposal process involves recycling or scrapping for those unable to be sold. Notably, vehicles and high-value equipment will be given a second B-5
opportunity at auction, maximizing potential returns. As stewards of public resources, it is in the city's best interest to efficiently dispose of these surplus assets and, where possible, generate revenue through their sale or responsibly recycle materials to minimize environmental impact FINANCIAL IMPACT:

The anticipated proceeds from the sale of surplus items are expected to enhance the fund balances of the originating departments. Additionally, the City will benefit from cost savings as the necessity for maintaining, storing, or repairing these vehicles and equipment diminishes. This strategic approach generates revenue and mitigates ongoing operational expenses associated with surplus items.

The success of the City's last public auction held in Fiscal Year 2023/24 is noteworthy by netting $133,874, which exceeded the anticipated amount by $90,700. This outcome highlights the effectiveness of strategic disposal planning in maximizing value for the City. If an item is sold, revenue is credited to the department from which the equipment originated.

ALTERNATIVES:

There are multiple options to staff’s recommendation. Council may:

1. Opt not to sell the items. The items will continue to be retained within their respective departments.

2. The Council may consider directing the recycling or scrapping of the listed items.

3. Council may request additional information prior to taking action.

ATTACHMENTS:

1. Resolution
a. Exhibit 1 - Surplus Property List
RESOLUTION NO. _______

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MADERA APPROVING

THE DECLARATION CERTAIN PROPERTY TO BE SURPLUS AND SOLD AT

AUCTION
WHEREAS, City staff routinely recommends the disposal of surplus vehicles, equipment, and other personal property that have reached the end of their useful life or no longer fulfill a purpose for the City; and
WHEREAS, Section 10.3 of the City Purchasing Policy allows the Procurement Services Manager to dispose of items declared as surplus by the Council through sale, scrap, or disposal; and
WHEREAS, City staff has identified items (listed in Exhibit 1 to this resolution) that have reached the end of their useful life or no longer fulfill a purpose for the City; and WHEREAS, City staff has determined that the proposed surplus items have resale value and can be sold through auction.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MADERA does hereby resolve, find, and order as follows:

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

2. The Council finds that the declaration of the proposed items as surplus is appropriate.

3. The Council finds that the sale of surplus items is appropriate.

4. The Council approves the sale of the surplus items.

5. This Resolution shall take effect immediately upon its adoption. * * *
EXHIBIT 1
Table 1: Vehicles & Equipment
ID # Dept. Year Make Model Description VIN/Serial #
1 Fac 2008 Ford F-350 Utility 1FDWF36Y88EE58046
2 Fac 2008 Ford F-350 Utility 1FDWF36YX8EE58047
15 Fac 2011 Ford F150 Pickup with liftgate 1FTMF1CW4AKE61231 83 Parks 1980 Woods RM90 Shredder
106 Streets Miller OT620 Tilt bed trailer 22869
276 Streets 2000 Airman PDS-185 Port air compressor 53-6A12045 333 WWTP 2004 Rears KTD106G920 Flail Mower F04235
364 Parks 2006 Chevy 1500 Pickup 1GCEC14Z96E205825
366 Parks 2006 Chevy 1500 Pickup 1GCEC14Z26E204855
367 Bldg 2006 Chevy 1500 Pickup 1GCEC14Z46E205893
379 Code 2007 Dodge Caravan Van 1D4GP25B87B111333
382 Parks 2007 Chevy 1500 Pickup 3GCEC14V97G192243
383 Wqual 2007 Chevy 1500 Pickup 3GCEC14V07G193202
394 StrCln 2008 Tymco 4300 Street Sweeper 1HTMMAAN59J698430 396 Wmaint 2008 Ford F-150 Pickup 1FTRF12WX8KE33645
397 Streets 2008 Ford F250 Pickup 1FTNF20518EE18514
1005 Engr 2015 Honda Civic CNG 19XFB5F53FE000028
1514 LMD 2006 Dodge 1500 Pickup 3D7KR28D76G238052
4005 Parks 2015 Kubota 326HL Zero Turn Mower 11306
619 PD 2007 Dodge Caravan Van 1D4GP25BX7B111334
647 PD 2011 Chevy Impala Sedan 2G1WF5EK6B1107697
6006 PD 2011 Chevy Impala Sedan 2G1WF5EK6B1107697
6008 PD 2018 Ford Interceptor Patrol 1FM5K8AR6GGB55001
6009 PD 2018 Chevy Tahoe Patrol 1GNLCDECXJR213816
6014 PD 2018 Ford Interceptor Patrol 1FM5K8AR8JGA15782
6304 PD 2016 Chevy Impala SEDAN 2G1WA5E33G112896
6603 PD 2014 Honda ST1300 Motorcycle JH2SC5153EK200xxx
6604 PD 2014 Honda ST1300 Motorcycle JH2SC51553K200xxx
Bus
#38 Transit 2012 Ford Starcraft 26 ft Cutaway 1FDFE4FS1CDA32489 Equipment
Fleet Mi-T-M 35 Parts Washer 124789A
Fleet OTC 5008 10 Ton Floor jack
Table 2: Furniture/Miscellaneous Items & Equipment
Item Count Dept. Manufacturer Asset
#
Serial/
Model # Description
1 City Attorney Unknown N/A N/A 7-shelf bookshelf
1 City Attorney Unknown N/A N/A 7-shelf bookshelf
1 City Attorney Unknown N/A N/A 7-shelf bookshelf
1 City Attorney Unknown N/A N/A 7-shelf bookshelf
1 City Attorney Unknown N/A N/A 7-shelf bookshelf
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Business and Profession, Section 1-
end, including Code Index and
supplementals.
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Code of Civil Procedure, Section 1-468;
481.101-724.999; 901-end; including
Code Index.
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Civil , Section 1-3273; 33366-end,
including Code Index.
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Court Rules Section 1-End, including
State Bar.
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Commercial, Section 1-End, including
Appendix
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Corporations, Section 1-End, including
Index.
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Education, Section 1-End, including
Index.
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Elections, Section 1-End, including
Code Index.
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Evidence, Section 1-End, including
Code Index.
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Family, Section 1-End, including Code
Index.
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Fish and Game, Section 1-End,
including Index.

Table 2: Furniture/Miscellaneous Items & Equipment
Item Count Dept. Manufacturer Asset
#
Serial/
Model # Description
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Food and Agricultural, Section 1-End,
including Code Index.
1 City Attorney West Group N/A N/A
West's Annotated Government
California Codes Government, Section
1-End, including Code Index.
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Harbors and Navigation, Section 1-
End, including Code Index.
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Health and Safety, Section 1-End,
including Code Index.
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Insurance, Section 1-End, including
Code Index.
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Labor, Section 1-End, including Code
Index.
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Military and Veterans, Section 1-End,
including Code Index.
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Penal, Section 1-End, including Code
Index.
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Probate, Section 1-End, including Code
Appendices.
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Public Contract, Section 1-End,
including Code Index.
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Public Resources, Section 1-End,
including Code Index.
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Public Utilities, Section 1-End,
including Code Index.
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Revenue and Taxation, Section 1-End,
including Code Index.
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Streets and Highways, Section 1-End,
including Code Index.

Table 2: Furniture/Miscellaneous Items & Equipment
Item Count Dept. Manufacturer Asset
#
Serial/
Model # Description
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Unemployment Insurance Section 1-
End, including Code Index.
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Vehicle, Section 1-End, including
Index.
1 City Attorney West Group N/A N/A West's Annotated California Codes Water, Section 1-End, including Index.
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Welfare and Institutions, Section 1-
End, including Code Index.
1 City Attorney West Group N/A N/A
West's Annotated California Codes
Constitution, Section 1-End, including
Code Index.
1 City Attorney West Group N/A N/A West's California Session Laws, 2005 1 City Attorney West Group N/A N/A West's California Session Laws, 2006 1 City Attorney West Group N/A N/A West's California Session Laws, 2007 1 City Attorney West Group N/A N/A West's California Session Laws, 2008 1 City Attorney West Group N/A N/A West's California Session Laws, 2009 1 City Attorney West Group N/A N/A West's California Session Laws, 2010 1 City Attorney West Group N/A N/A Environmental Law Series RCRA and Superfund 2nd Edition
1 City Attorney West Group N/A N/A West's California Session Laws, 2005 1 City Attorney West Group N/A N/A West's Annotated California Codes 2011 General Index
1 City Attorney Unknown N/A N/A Conference Table
1 City Attorney unknown N/A N/A 7 - Office Chairs
1 Finance N/A N/A 10-key Adding Machine
1 Finance N/A N/A 10-key Adding Machine
1 Finance N/A N/A 10-key Adding Machine
1 Purchasing N/A N/A Canvas Laptop Bag
1 Police Chair Pros Inc N/A 276921 /
9186 Heavy-duty 24-hour chair
1 Police Chair Pros Inc N/A 276919 /
9196 Heavy-duty 24-hour chair
1 Police Chair Pros Inc N/A Unknown Heavy-duty 24-hour chair Table 2: Furniture/Miscellaneous Items & Equipment
Item Count Dept. Manufacturer Asset
#
Serial/
Model # Description
1 Police Neutral Posture
Inc. N/A 578215 Dispatch chair

REPORT TO CITY COUNCIL
Approved by: Council Meeting of: March 19, 2025
_________________________________ Agenda Number: ___________ Keith Helmuth, Department Director
_________________________________
Arnoldo Rodriguez, City Manager
SUBJECT:

Amendment to the Applications for Transportation Development Act (TDA) – Local Transportation Funds (LTF) and State Transit Assistance (STA) Funds for Fiscal Year (FY) 2024/25 RECOMMENDATION:

Adopt a Resolution approving the Amendment to the applications for TDA - LTF and STA Funds for FY 2024/25 and authorizing the City Engineer to execute and submit the applications to the Madera County Transportation Commission (MCTC)
SUMMARY:

On July 3, 2024, the City Council (Council) adopted Resolution 24-104 for the FY 2024/25 TDA - LTF and STA applications. Staff recommends submitting amended applications reflecting the carryover LTF and STA funding from 2023/24.

DISCUSSION:

At the July 3, 2024, meeting, Council approved the FY 2024/25 TDA – LTF and STA applications for the FY 2024/25 funding allocated by MCTC at their May 29, 2024, meeting. The City’s TDA – LTF and STA applications were approved by the MCTC board via resolutions 24-09 & 24-10 at their September 18, 2024, meeting.

LTF funds must be used for transportation-related services such as transit services, street construction, bicycle and pedestrian facilities, transportation planning, and administration.

Projects in the City's Capital Improvement Plan (CIP) have been created and approved by Council for the use of these funds. STA funds must be used for transit-related expenditures only.

B-6
!2.o/A)rrr
The amendments to the TDA–LTF and STA applications are prepared and submitted to MCTC annually after:
 The prior year’s final expenses and claims have been processed, and  The excess prior year funds and carryover balances have been confirmed by MCTC.

The carryover amounts for this year are shown below in Table 1 and are included in the current CIP. The funds must be carried over and included in the current year's applications to be eligible for reimbursement.

FINANCIAL IMPACT:

There are no financial impacts because of this action; the amended amounts in the TDA–LTF and STA applications reflect projected revenues in the FY 2024/25 Capital Improvement Plan and Operating Budget.

ALTERNATIVES:

Council may provide staff direction on how to amend the TDA – LTF and STA applications or refer the item back to staff for additional information.

ATTACHMENTS:

1. Resolution
Exhibit A – Amended TDA - LTF and STA Applications
Table 1: Amendments to FY 24/25 LTF and STA Applications Application Item Original FY 24/25
Amount
Carryover from
FY 23/24
Amended FY 24/25
Amount
LTF $2,484,804.00 $7,772,641.12 $10,257,445.12
STA $803,918.00 $150,363.38 $954,281.38
Total $3,288,722 $7,923,004.50 $11,211,726.50
Attachment 1
Resolution
RESOLUTION NO. 25-_______

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MADERA,

CALIFORNIA APPROVING AMENDMENTS TO THE APPLICATIONS FOR TRANSPORTATION DEVELOPMENT ACT (TDA) – LOCAL TRANSPORTATION

FUNDS (LTF) AND STATE TRANSIT ASSISTANCE (STA) FUNDS FOR FISCAL YEAR (FY) 2024/25 AND AUTHORIZING THE CITY ENGINEER TO EXECUTE

AND SUBMIT THE APPLICATIONS TO MADERA COUNTY

TRANSPORTATION COMMISSION (MCTC)
WHEREAS, the TDA - LTF and STA funds are annually allocated by the Madera County Transportation Commission (MCTC) pursuant to the TDA; and WHEREAS, the City of Madera prepares the applications outlining the intended uses for the LTF and STA funds each year and the applications may be amended as needed; and WHEREAS, the unexpended balance of LTF funds in FY 2023/24 must be added to the FY 2024/25 amended applications for proper accounting purposes; and WHEREAS, the unexpended balance of STA funds in FY 2023/24 must be added to the FY 2024/25 amended applications for proper accounting purposes; and WHEREAS, the LTF and STA fund amended applications for FY 2024/25 that describe the intended uses of these funds have been submitted to Council for review and approval.

NOW, THEREFORE, THE COUNCIL OF THE CITY OF MADERA hereby resolves, finds, determines and orders as follows:

1. The above recitals are true and correct.

2. The City Council of the City of Madera approves the amended applications for FY 2024/25, copies of which are attached hereto as Exhibit A and incorporated by reference.

3. The City Engineer is authorized to execute or make corrections to the amended applications and submit to MCTC.

4. This resolution is effective immediately upon adoption. * * * * * * * *
Exhibit A
Amended TDA - LTF and STA Applications
Agency: Date: 3/19/2025
Fiscal Year: 2024/25
Amending:

Type of
Amendment:

Project Approved Allocation New Proposed Allocation Difference 1 Madera Metro, CAR, Intermodal,
Fixed Route Ops $ 357,475.00 $ 357,475.00 $ -
2 Pedestrian & Bicycle $ 57,405.00 $ 293,763.49 $ 236,358.49 3 MCTC Planning $ 86,107.00 $ 86,107.00 $ -
4 Street & Road Projects $ 1,983,817.00 $ 9,520,099.63 $ 7,536,282.63 5 $ -
6 $ -
7 $ -
8 $ -
9 $ -
10 $ -
Total $ 2,484,804.00 $ 10,257,445.12 $ 7,772,641.12
Notes
Keith Helmuth, City Engineer Date
MCTC Authorizing Signature Date
MCTC Use:

Month Amendment No.

Madera County Transportation Commission
TDA Amendment Request
City of Madera
Carryover from FY 23/24 (7,772,641.12)

LTF STA
Carryover of PY Funds Reassign funds Other
B
Agency: Date: 3/19/2025
Fiscal Year: 2024-25
Amending:

Type of
Amendment:

Project Approved Allocation New Proposed Allocation Difference 1 Madera Metro, DAR, Intermodal,
Transit Center $ 753,918.00 $ 753,918.00 $ -
2 Madera Metro, Fixed Route,
Intermodal Capital $ 50,000.00 $ 50,000.00 $ -
3 Local Agency Transportation
Planning Activities $ - $ 150,363.38 $ 150,363.38
4 $ -
5 $ -
6 $ -
7 $ -
8 $ -
9 $ -
10 $ -
Total $ 803,918.00 $ 954,281.38 $ 150,363.38
Notes

Keith Helmuth, City Engineer Date
MCTC Authorizing Signature Date
MCTC Use:

Month Amendment No.

Madera County Transportation Commission
TDA Amendment Request
City of Madera
Carryover from FY 23/24

LTF STA
Carryover of PY Funds Reassign funds Other
0 REPORT TO CITY COUNCIL
Approved by: Council Meeting of: March 19, 2025
Agenda Number: ___________
_________________________________
Joseph Hebert, Parks & Community Services Director
_________________________________
Arnoldo Rodriguez, City Manager
SUBJECT:

Notice of Completion for the Sunrise Rotary Sports Complex New Playground Project RECOMMENDATION:

Staff recommend that the City Council approve Minute Order approving:

1. Acceptance of the new playground installation at Sunrise Rotary Sports Complex, located at 1901 Clinton Street, Madera, CA 93638.

2. The Recording of Notice of Completion.

3. The release of retention 35 days after the recording of the Notice of Completion.

SUMMARY:

On March 22, 2024, the City released an Informal Invitation for Bids (IFB) No. 202324-28 for Sunrise Rotary Sports Complex (SRSC) Playground Equipment Installation & Improvements. The sole bidder and selected contractor was Rashid Relief Rebuilders Inc. dba Pirooz Engineering.

An agreement was executed between the City and Rashid Relief Rebuilders Inc. for the installation of the playground equipment at SRSC.

DISCUSSION:

The City solicited bids for the installation of City-owned playground equipment at Sunrise Rotary Sports Complex (SRSC), IFB No. 202324-28. Bids were due by April 2, 2024, and the City received a sole bid for the project.

B-7
The project scope included the installation of a Playcraft Systems Custom Round-5-Modular Playsystem, a Standard PC-1501 Off-Roader, and a two-piece swing set within the designated 2,855-square-foot playground area near the park pavilion. The project also included refurbishing the existing 215-linear-foot wrought-iron fence surrounding the play area to ensure a fully renovated play space.

The estimated probable cost for the project was $68,437.

Project Background
The playground equipment for SRSC was originally purchased in 2016 from Park Planet, an outdoor equipment dealer. However, due to unknown reasons, installation did not take place at that time and the equipment remained stored at the City's Corporation Yard for several years.

In early 2023, City staff requested Park Planet to conduct an inventory assessment of the stored equipment. The assessment determined that several components were missing, defective, or out of warranty. Staff subsequently ordered the necessary replacement parts to ensure the equipment could be properly installed.

Over the following months, staff worked to secure an engineer’s estimate, finalize bid documents, and advance the project goal of installing the playground equipment. IFB No. 202324-28 was released on March 22, 2024, seeking a qualified contractor for the installation.

The City received a sole bid from Rashid Relief Rebuilders, Inc. in the amount of $59,000. Given that the procurement threshold at the time was under $60,000, the City Manager executed the agreement without the need for City Council approval.

On July 16, 2024, the City issued a fully executed Notice to Proceed, with the project set to commence on or before August 5, 2024.

Present
Rashid Relief Rebuilders, Inc. commenced construction on August 5, 2024. However, challenges arose early in the project. Due to the time lapse between the Park Planet inventory assessment in early 2023 and the project start date, additional missing or defective components were identified. While some of these were smaller hardware and supporting parts, such as canopy sails, the lead times for certain items impacted the project’s completion timeline.

By December 13, 2024, construction was substantially completed and staff proceeded with scheduling a Certified Playground Safety Inspector (CPSI) to assess the playground for compliance with safety standards. The inspection was conducted on December 19, 2024, by BSAFE Playground Inspection Services.

The inspection resulted in one finding: the need to either relocate or remove a supportive play feature, an alligator-shaped stepper. The CPSI required confirmation of the feature’s repositioning or removal before certifying the playground’s compliance with safety regulations.

To address the CPSI’s finding, the contractor submitted a change order for $9,620 to complete the necessary work. This included the removal of existing mulch and underlayment, excavation of the foundation, and relocation of the alligator-shaped stepper to another section of the playground. The relocation would have required fabricating new posts, additional concrete work, underlayment, and new mulch.

To avoid these additional costs and prevent further potential safety concerns, City staff opted to remove the play feature entirely. City staff completed the removal in-house, eliminating the need for contractor involvement and additional project funding. The removal of this ancillary feature does not impact the usability of the remaining playground equipment.

The alligator stepper will be installed at a different play area once an appropriate and safe location is identified.

On January 8, 2025, the City received the Certificate of Compliance and complete report inspection for the playground, stating the playground met standards for public use.

A grand opening event was held on February 1, 2025, to celebrate the project completion and new playground amenity at the Sunrise Rotary Sports Complex.

FINANCIAL IMPACT:

The playground equipment installation and fence improvements were made possible by the General Fund and funds from the Chukchansi Community Benefit Grant.

The Chukchansi Community Benefit Grant provided $15,059 towards the project completion. The remaining project balance was provided by the General Fund over the course of the past Fiscal Years. Table 1 below outlines costs associated with the installation of the equipment.

A need for a change order was required, as due to the additional lead times for the missing playground equipment to be ordered and received, the contractor had additional costs associated with mobilization, extended provision of the temporary construction fencing as the project was delayed by several weeks, and site security.

Table 1: New Playground Installation Costs

1. Park Planet Inventory 2023 $1,553

2. Replacement of Parts from Inventory Findings $16,124

3. Rashid Relief Rebuilders, Inc. Agreement $59,000

4. ĚĚŝƟŽŶĂůWĂƌƚƐEĞĞĚĞĚĨŽƌWƌŽũĞĐƚŽŵƉůĞƟŽŶ $4,102

5. Change Orders $5,001.25
Total $85,780.25
ALTERNATIVES:

As an alternative, the Council may elect to reject the Notice of Completion with due cause.

Rejection of the notice would result in the staff’s inability to release retention funds until addressing the Council’s concerns.

ATTACHMENTS:

1. Notice of Completion

2. Certificate of Compliance for Playground Ages 2-5

3. Photos of the Completed Project
ATTACHMENT 1
Notice of Completion

Recording Requested by:

City of Madera
And When Recorded, Mail to:

City of Madera – City Clerk
205 W. 4th Street
Madera, CA 93637
_________________________________________ Space above this line for Recorder’s Use ______________________________________ Fee Waived per Section 27383 & 27388.1(a)(2)(D) of the Government Code – No Document Tax Due $ -0-

NOTICE OF COMPLETION
_____________________________________________________________________________________________________________________ NOTICE IS HEREBY GIVEN THAT:

1. The undersigned is owner of the interest or estate stated below in the property hereinafter described.

2. The full name of the undersigned is City of Madera.

3. The full address of the undersigned is 205 W. 4th Street, Madera, CA 93637.

4. The nature of the title of the undersigned is: In fee ____________________________________________ (If other than fee, strike “In fee” and insert, for example, “purchaser under contract of purchase” or “lessee”.)

5. The full name and full addresses of all persons, if any, who hold title with the undersigned as joint tenant or as tenants in common are:

Name Address
______________________________________ ___________________________________________

6. A work of improvement on the property hereinafter described was completed on

7. The name of the original contractor, if any, for such work of improvement was:
(If no contractor for work of improvements as a whole, insert “none”.)

8. The full name(s) and address(es) of the transferor(s) of the undersigned is(are):

Name Address
______________________________________ ___________________________________________

9. The property on which said work of improvement was completed is in the City of Madera, County of Madera, State of California, and is described as follows:

10. The street address of said property is
(If no street address has been officially assigned, insert “none”.) (Signature of Owner named in Paragraph 2)
Dated :ŽƐĞƉŚ,ĞďĞƌƚ
WĂƌŬƐΘŽŵŵƵŶŝƚLJ^ĞƌǀŝĐĞƐŝƌĞĐƚŽƌ
________________________________________________

State of California
County of Madera
:ŽƐĞƉŚ,ĞďĞƌƚ͕ďĞŝŶŐĚƵůLJƐǁŽƌŶƐĂLJƐ͗,ĞŝƐƚŚĞŝƚLJŽĨDĂĚĞƌĂWĂƌŬƐΘŽŵŵƵŶŝƚLJ^ĞƌǀŝĐĞƐŝƌĞĐƚŽƌ͕ƚŚĞ ĐŽƌƉŽƌĂƚŝŽŶƚŚĂƚĞdžĞĐƵƚĞĚƚŚĞĨŽƌĞŐŽŝŶŐŶŽƚŝĐĞĂƐŽǁŶĞƌŽĨƚŚĞĂĨŽƌĞƐĂŝĚŝŶƚĞƌĞƐƚŽƌĞƐƚĂƚĞŝŶƚŚĞƉƌŽƉĞƌƚLJ ƚŚĞƌĞŝŶĚĞƐĐƌŝďĞĚ͖ƚŚĂƚŚĞŵĂŬĞƐƚŚŝƐǀĞƌŝĨŝĐĂƚŝŽŶŽŶďĞŚĂůĨŽĨƐĂŝĚĐŽƌƉŽƌĂƚŝŽŶ͖ƚŚĂƚŚĞŚĂƐƌĞĂĚƐĂŝĚŶŽƚŝĐĞ ĂŶĚŬŶŽǁƐƚŚĞĐŽŶƚĞŶƚƐƚŚĞƌĞŽĨ͕ĂŶĚƚŚĂƚƚŚĞĨĂĐƚƐŚĞƌĞŝŶƐƚĂƚĞĚĂƌĞƚƌƵĞ͘ (Signature of Officer)
_______________________________________________________ :ŽƐĞƉŚ,ĞďĞƌƚ
WĂƌŬƐΘŽŵŵƵŶŝƚLJ^ĞƌǀŝĐĞƐŝƌĞĐƚŽƌ
State of California
County of Madera
Subscribed and sworn to (or affirmed) before me on the ___________ day of _____________________, 202ϱ by :ŽƐĞƉŚ ,ĞďĞƌƚ, proved to me on the basis of satisfactory evidence to be the person(s) who appeared before me.
______________________________________________________ (Seal) Alicia Gonzales
City Clerk
The notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached and not the truthfulness, accuracy or validity of that document.

ATTACHMENT 2
Certificate of Compliance for Playground Ages 2-5
This certifies that
Madera, CA
Sunrise Rotary Park
2-5 Playground
complies with the
ASTM 1487-21 Standard Consumer Safety Performance Specification For Playground Equipment for Public Use
B SAFE Playground Inspection Services, inc.
10349 Ormond Street
Sunland, CA 91040
Ch_ri.s. . Tait 12/19/24 #60356-327
Signature Date
Christopher Tait, Inspector
Certified Playground Safety Inspector #50513-032
Certified by National Recreation and Park Association
Certificate of Com1lianc1
ATTACHMENT 3
Photos of the Completed Project

01425.0005/1056302.1

REPORT TO THE CITY COUNCIL
Approved by: Council Meeting of: March 19, 2025
_________________________________ Agenda Number:

Will Tackett, Community Development Director
_________________________________
Arnoldo Rodriguez, City Manager

SUBJECT
Second reading and adoption of Ordinance Text Amendment (OTA) 2024-03, for the amendment of Chapter 3 of Title X: Planning and Zoning of the City Municipal Code.

RECOMMENDATION
The Planning Commission and staff recommend the City Council conduct a public hearing and take action as follows:

1. Waive full reading and adopt an Ordinance of the City Council of the City of Madera determining the project is exempt pursuant to Section 15061(b)(3) of the California Environmental Quality Act (CEQA) Guidelines and amending Chapter 3 of Title X: Planning and Zoning of the City Municipal Code (CMC) regarding Lapse of Site Plan Approval (CMC § 10-3.4.0114); Termination of a Use Permit (CMC § 10- 3.1311[A]); and, Termination of a Variance (CMC § 10-3.1411) by title only.

SUMMARY:

An amendment of the City’s zoning regulations requires two actions by the City Council (Council):
the introduction of the Ordinance (first reading); and the adoption of the Ordinance (second reading). The Council waived the first reading and introduced by title only (OTA) 2024-03, for the amendment of Chapter 3 of Title X: Planning and Zoning of the City Municipal Code at a public hearing held on March 5, 2025.

The Zoning Regulations of the City Municipal Code (CMC) specify periods of time in which an applicant must exercise rights associated with approval of an entitlement before the entitlement expires (i.e., the approval lapses or terminates) unless a request for a discretionary extension is requested prior to the expiration of entitlement approval.

Due to the relatively short periods of time (6-12 months) afforded to exercise rights associated with entitlement approvals, the City of Madera Planning Department receives regular requests for B-8
01425.0005/1056302.1
extensions of entitlement approvals. Given the frequency and repetitiveness of customer applications for extensions, at the regularly scheduled meeting of the Planning Commission (Commission) held on November 12, 2024, the Commission adopted Resolution No. 2008 initiating the procedure to amend the provisions of the Zoning Regulations, contained in Title X, Chapter 3 of the City Municipal Code (CMC) relating to the lapse and termination of entitlements.

CMC Section 10-3.1500 et seq. provides that a public hearing shall be held before the Commission for proposed amendments to Zoning Regulations of the CMC (Title X, Chapter 3); and, after the conclusion of the public hearing, the Commission shall render a recommendation to the Council.

Accordingly, the Commission held a public hearing on February 11, 2025, and adopted Resolution No. 2023 (Attachment 1) recommending the City Council adopt an ordinance approving the proposed amendments to Chapter 3 of Title X of the Madera Municipal Code regarding Lapse of Site Plan Review (CMC § 10-3.4.0114); Termination of a Use Permit (CMC § 10- 3.1311[A]); and, Termination of a Variance (CMC § 10-3.1411).

In accordance with the provisions of CMC Section 10-3.1509, following receipt of the recommendation made by the Commission, the Council may adopt the amendment, or any part thereof, set forth in the petition in such form as the Council may deem to be advisable.

ANALYSIS:

OTA 2024-03 would amend existing text of the CMC to lengthen the period of time provided to an applicant to exercise rights associated with approval of an entitlement before the entitlement expires (i.e., approval lapses or terminates) and/or a request for a discretionary extension is required. The following sections and provisions of the CMC pertaining to expiration of Planning entitlements are proposed to be amended by strikethroughs and underlined additions:
• § 10-3.4.0114 LAPSE OF SITE PLAN APPROVAL.

A site plan approval shall be void one year 24 months following the date on which approval by the Community Development Director, Planning Commission, or City Council became effective unless, prior to the expiration of one year 24 months, a building permit is issued by the Building Official and construction is commenced and diligently pursued toward completion of the site or structures which were the subject of the site plan. Approval may be extended for one year periods of time, upon written application to the Director before expiration of the approval.
• § 10-3.1311 TERMINATION AND REVOCATION.
(A) Any use permit granted by the city as herein provided shall be conditioned upon the privileges granted therein being utilized within 12 24 months after the effective date thereof. Failure to utilize such permit within such 12 24-month period shall render the permit null and void unless a written request for extension is submitted to the Planning Commission prior to the expiration of the permit. The Planning Commission shall review the request at its next regular meeting and may grant or conditionally grant an extension as it deems appropriate. Use permits utilized but later abandoned for a period of 12 consecutive months shall automatically terminate unless a written request for extension is submitted and approved as described in this section. 01425.0005/1056302.1
• § 10-3.1411 TERMINATION.

If the use authorized by any variance is or has been unused, abandoned, or discontinued for a period of six 24 months, or if the conditions of the variance have not been complied with, the variance shall become null and void and of no effect; excepting that where construction of buildings, structures, and/or facilities is necessary, work on such construction shall be actually commenced within the aforesaid 6 24-month period and shall be diligently prosecuted to completion; otherwise the variance shall be automatically null and void and of no effect.

These amended provisions of the CMC require that the rights or privileges authorized through approval of Site Plan Reviews; Use Permits; and Variances be exercised within 24 months, or the respective approvals expire. Rights are exercised through either obtaining a building permit for development (Site Plan Review) and/or through use/utilization of the privileges (e.g., commencement of operations) or rights granted (CUP & Variance).

The extended lengths of time afforded by the amendments shall relieve unnecessary burden on applicants and developers. While it is acknowledged the CMC does permit discretionary extensions, the longer timeframe to exercise rights will reduce the current need for applicants/customers to file additional applications (including the payment of additional processing fees) and will reduce relative demands for staff resources and the need and associated costs for additional public hearings. Based upon research conducted by staff, the proposed amendments will also bring the City of Madera’s regulations into closer alignment with other local municipalities.

ENVIRONMENTAL REVIEW:

The California Environmental Quality Act (CEQA) Guidelines (California Code of Regulations, Title 14, Chapter 3, Section 15000, et seq.)specify that a “project” consists of the whole of an action (i.e., not the individual pieces or components) that may have a direct or reasonably foreseeable indirect effect on the environment. This proposal qualifies as a project under CEQA because it involves an amendment to the zoning ordinance as described in CEQA Guidelines Section 15378(a)(1) but has no direct or reasonably foreseeable indirect effect on the environment.

OTA 2024-03 does not authorize any particular activity beyond what will already been evaluated for purposes of CEQA and is primarily being implemented to address inefficiencies and add refinements to local policies. Section 15162 of the CEQA Guidelines provides circumstances and reference to findings required to be made respectively to consideration of whether subsequent environmental review is required. Circumstances relating to a specific project and findings required by CEQA will be required to be evaluated at the time any discretionary extension requests may be received and would otherwise be considered speculative at this time. Therefore, staff supports a finding consistent with CEQA Guidelines Section 15061(b)(3). Under this “common sense” rule, it can be shown with certainty that the project does not have the potential to have a significant effect on the environment, and therefore it is not subject to further environmental review. 01425.0005/1056302.1
COUNCIL ACTION:

The Council will be acting on OTA 2024-02. Staff and the Planning Commission recommend that the Council:

1. Waive full reading and adopt an Ordinance of the City Council of the City of Madera determining the project is exempt pursuant to Section 15061(b)(3) of the California Environmental Quality Act (CEQA) Guidelines and amending Chapter 3 of Title X: Planning and Zoning of the City Municipal Code (CMC) regarding Lapse of Site Plan Approval (CMC § 10-3.4.0114); Termination of a Use Permit (CMC § 10- 3.1311[A]); and, Termination of a Variance (CMC § 10-3.1411) by title only.

ALTERNATIVES:

As an alternative, the Council may elect to:

1. Move to refer the item back to staff and/or continue the public hearing to a future City Council meeting at a date and time certain with direction to staff to return with an updated staff report and/or Ordinance (Council to specify and articulate reasons for referral/continuance).

2. Move to deny the request.

3. Provide staff with other alternative directives.

ATTACHMENTS:

1. Planning Commission Resolution (Recommendation)

2. City Council Ordinance
ATTACHMENT 1
Planning Commission Resolution 2023
RESOLUTION NO. 2023

RESOLUTION OF THE PLANNING COMMISSION OF THE CITY OF MADERA

RECOMMENDING THE CITY COUNCIL OF THE CITY OF MADERA ADOPT AN ORDINANCE AMENDING TITLE X OF CHAPTER 3: PLANNING AND ZONING OF

THE CITY MUNICIPAL CODE (CMC) REGARDING LAPSE OF SITE PLAN APPROVAL {CMC § 10-3.4.0114); TERMINATION OF A USE PERMIT (CMC § 10- 3.1311[A]); AND TERMINATION OF A VARIANCE (CMC § 10-3.1411).

WHEREAS, pursuant to the authority granted to the City of Madera ("City") by Article XI, Section 7 of the California Constitution, the City has the police power to adopt regulations designed to promote public health, public morals, or public safety; and
WHEREAS, comprehensive zoning regulations and regulations upon the use of land and property within the City lie within the City's police power; and WHEREAS,Sections 10-3,4.0114, 10-3.1311(A) and 10-3.1411 of the City Municipal Code (CMC) contain provisions relating to the lapse and termination of Site Plan Reviews, Use Permits and Variances; and
WHEREAS, Section 10-3.1500 et seq. of the CMC contain provisions for amending or changing the Zoning Regulations contained in Title X, Chapter 3 of the CMC whenever the public necessity, convenience, general welfare, or good zoning practices require; and WHEREAS, pursuant to CMC Section 10-3.1502(8), initiation of amendments to the Zoning Regulations in Title X, Chapter 3, may be made by the Planning Commission (Commission) by resolution of intention; and
WHEREAS, at the regularly scheduled meeting of the Commission held on November 12, 2024, the Commission adopted a Resolution of Intention to initiate procedure to amend Title X, Chapter 3 of the City Municipal Code (CMC) relating to: Lapse of Site Plan Approval (CMC § 10-3.4.0114); Termination of a Use Permit (CMC § 10- 3.1311[A]); and, Termination of a Variance (CMC § 10-3.1411) WHEREAS, the City has determined that the project is exempt under the California Environmental Quality Act (CEQA) in accordance with CEQA Guidelines Section 15061(b)(3) and that no additional environmental analysis is required; and
WHEREAS, under the CMC, the Planning Commission (Commission) is a recommending body for Ordinance Text Amendments and will forward a recommendation to the Madera City Council (Council) on OTA 2024-03; and
WHEREAS, the City provide notice of the Commission meeting on February 11, 2025, as required by law; and
WHEREAS, the Commission received and independently reviewed OTA 2024-03 at the duly noticed meeting on February 11, 2025; and
WHEREAS, at the February 11, 2025, Commission meeting, a public hearing was held, the public was provided an opportunity to comment, and evidence, both written and oral, was considered by the Commission; and
WHEREAS, the Commission has independently completed its review of the staff report and documents submitted for OTA 2024-03, evaluated the information contained within the report and documents submitted, and considered testimony received as part of the public hearing process; and WHEREAS, after due consideration of the items before it, the Commission now desires to adopt this Resolution recommending that the Council determine the project to be exempt pursuant to Section 15061(b)(3) of the CEQA Guidelines and adopt and ordinance approving OTA 2024-03.

NOW, THEREFORE, be it resolved by the Planning Commission of the City of Madera as follows:

1. Recitals: The above recitals are true and correct and are incorporated herein.

2. CEQA: A preliminary environmental assessment was prepared for this project in accordance with the requirements of the California Environmental Quality Act (CEQA). The Planning Commission recommends the City Council determine the project is exempt pursuant to Section 15061(b)(3) of the CEQA Guidelines. The activity is covered by the "Common Sense" exemption that CEQA applies only to projects which have the potential for causing a significant effect on the environment.

Where it can be seen with certainty that there is no possibility that the activity in question may have a significant effect on the environment, the activity is not subject to CEQA. Here, OTA 2024-03 does not authorize any particular activity beyond what will already been evaluated for purposes of CEQA and proposes amendments to local ordinance only for the purpose of implementing local policy. Any proposed future development or requests for discretionary extensions would be subject to CEQA analysis as mandated for project discretionary approvals. No further environmental analysis is required.

3. Recommendation: The Commission hereby recommends that the Council approve OTA 2024-03, amending the sections ofTitle X of Chapter 3 of the CMC enumerated herein and in substantially the form contained in Exhibit "A" attached hereto with deletions shown in stril~ethro1::1gh and additions shown in underline.

The following sections have been proposed for amendment:
• Lapse of Site Plan Approval (CMC § 10-3.4.0114);
• Termination of a Use Permit (CMC § 10-3.1311[A]); and, • Termination of a Variance (CMC § 10-3.1411).

4. Effective Date: This resolution is effective immediately. * * * * *
Passed and adopted by the Planning Commission of the City of Madera this 11 day of February 2025, by the following vote:

AYES:

NOES:

ABSTENTIONS:

ABSENT:

Attest:

Exhibit "A" - OTA 2024-03 Draft Ordinance
ATTACHMENT 2
City Council Ordinance
01425.0005/1056301.1
ORDINANCE NO. ____

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF MADERA
DETERMINING THE PROJECT IS EXEMPT PURSUANT TO SECTION 15061(b)(3)

OF THE CALIFORNIA ENVIRONMENTAL QUALITY ACT (CEQA) GUIDELINES AND AMENDING CHAPTER 3 OF TITLE X: PLANNING AND ZONING OF THE CITY MUNICIPAL CODE (CMC) REGARDING LAPSE OF SITE PLAN APPROVAL (CMC § 10-3.4.0114); TERMINATION OF A USE PERMIT (CMC § 10- 3.1311[A]); AND TERMINATION OF A VARIANCE (CMC § 10-3.1411).

WHEREAS, pursuant to the authority granted to the City of Madera (“City”) by Article XI, Section 7 of the California Constitution, the City has the police power to adopt regulations designed to promote public health, public morals, or public safety; and
WHEREAS, comprehensive zoning regulations and regulations upon the use of land and property within the City lie within the City’s police power; and WHEREAS, Sections 10-3,4.0114, 10-3.1311(A) and 10-3.1411 of the City Municipal Code (CMC) contain provisions relating to the lapse and termination of Site Plan Reviews, Use Permits and Variances; and
WHEREAS, pursuant to the provisions of Section 10-3.1502 of the CMC an amendment to the Zoning Regulations contained in Title X, Chapter 3 of the CMC may be initiated by the Planning Commission (Commission) whenever the public necessity, convenience, general welfare, or good zoning practices require; and
WHEREAS, at the regularly scheduled meeting of the Commission held on November 12, 2024, the Commission adopted Resolution No. 2008 initiating the procedure for Ordinance Text Amendment (OTA) 2024-03 to amend the provisions of the Zoning Regulations, contained in Title X, Chapter 3 of the City Municipal Code (CMC) relating to the lapse and termination of entitlements; and WHEREAS, pursuant to the provisions of Section 10-3.1500 et seq. of the CMC, the Commission held a duly noticed public hearing for OTA 2024-03 on February 11, 2025, conducted a public hearing and after due consideration of all the items before it, adopted Resolution No. 2023 recommending that the Council adopt an ordinance approving OTA 2024-03; and WHEREAS, in accordance with the provisions of CMC Section 10-3.1509, following receipt of the recommendation made by the Commission, the Council shall set the matter for public hearing may adopt the amendment, or any part thereof, set forth in the petition in such form as the Council may deem to be advisable; and
WHEREAS, the City provided notice of the Council hearing on March 5, 2025, as required by law; and.

WHEREAS, the Council received and independently reviewed OTA 2024-03 at the regularly scheduled meeting of the Council held on March 5 2025; and ---
01425.0005/1056301.1
WHEREAS, at the March 5, 2025 Council meeting, a public hearing was held, the public was provided the opportunity to comment, and evidence, both written and oral, was considered by the Council; and.

WHEREAS, after due consideration of the items before it, the Council now desires to adopt OTA 2024-03.

NOW, THEREFORE, the City Council of the City of Madera ordains as follows:

1. Recitals: The City Council hereby finds that all of the facts set forth in the recitals are true and correct and are incorporated herein.

2. CEQA: A preliminary environmental assessment was prepared for this project in accordance with the requirements of the California Environmental Quality Act (CEQA). The City Council has determined the project is exempt pursuant to Section 15061(b)(3) of the CEQA Guidelines. The activity is covered by the “Common Sense” exemption that CEQA applies only to projects which have the potential for causing a significant effect on the environment. Where it can be seen with certainty that there is no possibility that the activity in question may have a significant effect on the environment, the activity is not subject to CEQA. Here, OTA 2024-03 does not authorize any particular activity beyond what will already been evaluated for purposes of CEQA and proposes amendments to local ordinance only for the purpose of implementing local policy. Any proposed future development or requests for discretionary extensions would be subject to CEQA analysis as mandated for project discretionary approvals. No further environmental analysis is required.

3. Approval of OTA 2024-03: The Council hereby approves OTA 2024-03, amending the sections of Title X of Chapter 3 of the CMC as set forth herein.

4. Section 10-3.4.0114 (Lapse of Site Plan Approval) of Chapter 3 of Title 10 is amended in its entirety to read as follows (deletions shown in strikethrough and additions shown in underline):
§ 10-3.4.0114 LAPSE OF SITE PLAN APPROVAL.

A site plan approval shall be void one year 24 months following the date on which approval by the Community Development Director, Planning Commission, or City Council became effective unless, prior to the expiration of one year 24 months, a building permit is issued by the Building Official and construction is commenced and diligently pursued toward completion of the site or structures which were the subject of the site plan. Approval may be extended for one year periods of time, upon written application to the Director before expiration of the approval.

5. Section 10-3.1311(A) (Termination and Revocation) of Chapter 3 of Title 10 is amended in its entirety to read as follows (deletions shown in strikethrough and additions shown in underline):
§ 10-3.1311 TERMINATION AND REVOCATION.
(A) Any use permit granted by the city as herein provided shall be conditioned upon the privileges granted therein being utilized within 12 24 months after the effective date thereof.

Failure to utilize such permit within such 12 24-month period shall render the permit null and void unless a written request for extension is submitted to the Planning Commission prior to the expiration of the permit. The Planning Commission shall review the request at its next regular meeting and may grant or conditionally grant an extension as it deems appropriate. Use permits 01425.0005/1056301.1
utilized but later abandoned for a period of 12 consecutive months shall automatically terminate unless a written request for extension is submitted and approved as described in this section.

6. Section 10-3.1411 (Termination) of Chapter 3 of Title 10 is amended in its entirety to read as follows (deletions shown in strikethrough and additions shown in underline):
§ 10-3.1411 TERMINATION.

If the use authorized by any variance is or has been unused, abandoned, or discontinued for a period of six 24 months, or if the conditions of the variance have not been complied with, the variance shall become null and void and of no effect; excepting that where construction of buildings, structures, and/or facilities is necessary, work on such construction shall be actually commenced within the aforesaid 6 24-month period and shall be diligently prosecuted to completion; otherwise the variance shall be automatically null and void and of no effect.

7. Severability. If any section, subsection, sentence, clause, phrase, or portion of this ordinance is, for any reason, held to be invalid or unconstitutional by the decision of any court of competent jurisdiction, such decision shall not affect the validity of the remaining portions of this ordinance. The City Council hereby declares that it would have adopted this ordinance and each section, subsection, sentences, clauses, phrases, or portions thereof may be declared invalid or unconstitutional.

8. Publication. The City Clerk shall certify to the passage and adoption of this Ordinance by the City Council of the City of Madera and shall cause this Ordinance to be published or posted in accordance with Government Code Section 36933 as required by law.

9. Effective Date Of Ordinance: This Ordinance shall be effective and of full force and effect at 12.01 a.m. on the thirty-first day after its passage. * * * * *

REPORT TO CITY COUNCIL
Approved by: Council Meeting of: March 19, 2025
_________________________________ Agenda Number: ____________ Keith Helmuth, Department Director
_________________________________
Arnoldo Rodriguez, City Manager
SUBJECT:

One Easement Deed for Sidewalk Improvements at Various Locations City Project R-94 Bid Package 3 Phase 2 AHSC Agreement No. 19-AHSC-12761
RECOMMENDATION:

Adopt a Resolution Approving an Agreement for Purchase of an Easement at 415 Amerine Avenue (APN 009-073-020)
SUMMARY:

Right-of-Way (ROW) acquisition from numerous parcels of land is necessary for Sidewalk Improvements at Various Locations City Project R-94 Bid Package 3 Phase 2 AHSC Agreement No. 19-AHSC-12761 (Project). One is presented at this time.

The agreement and easement deed have been executed by the property owner and it is recommended for approval. The value of the land for the acquisition of the parcel is $500. Funds for the ROW acquisition are included in the City’s Fiscal Year (FY) 2024/25 Budget for the project.

DISCUSSION:

The scope of the project consists of installation of sidewalk improvements at various locations in the City. The project includes excavation of native soil, roadway excavation, demolition of concrete improvements, installation of curb ramps, curb and gutter, drive approaches, asphalt backpatch to new curb and gutter, tree removal, fence relocation, and adjusting utility boxes to grade. ROW acquisition is necessary from owners of fourteen parcels; seven have been approved and executed by the property owners. While this item is part of a larger project, this item is to a acquire a single easement of a total of 14 that are required. Council previously approved 5, so this would bring the total to 6. For the parcel location see the Location Map attached to report.

The land acquisition and improvement from the subject parcel is listed in Table 1. The subject Approved by:
_________________________________
Keith Helmuth, Department Director
B-9
parcel is owned by Julie Salazar.

Table 1: ROW Impact & Cost
APN Area
(Square Feet) Cost
009-073-020 55 $500
The City follows Caltrans guidelines for minor acquisition takes. Caltrans Local Assistance Procedures Manual indicates that when the City determines that the valuation is uncomplicated and the market value is estimated at $10,000 or less, based on a review of available data, a formal appraisal report is not required. This is consistent with City Administrative Policy No. AP-48 for waiver of formal appraisals on certain real property and to acquire said parcels by sale or donation where such parcels or portions thereof to be acquired do not have fair market value in excess of $2,500.

The formal offer and acquisition information, Purchase and Sale of Real Property Agreement and easement Deed with a description of the interest in land to be acquired has been presented to the property owner.

The agreement was signed by Rosanne Bonilla who is designated as Julie’s attorney-in-fact per Attachment 3.

On October 21, 2021, the City determined that the project is Categorically Exempt under Article 19, Section 15301 (c) of the Guidelines for California Environmental Quality Act (Minor alteration of existing public facilities).

FINANCIAL IMPACT:

There will be no impact to the City’s General Fund for the ROW and construction costs for this project. The right of way acquisition is funded from the Local Transportation Funds programmed in the FY 2024/25 Capital Improvements Project Budget. Construction will be funded by the Affordable Housing and Sustainable Communities (ASHC) Grant.

ALTERNATIVES:

City Council may choose to reject the ROW acquisition. The rejection of ROW acquisition would result in the inability to install City Standard curb access ramps and sidewalk and therefore our inability to complete the project potentially jeopardizing funds.

ATTACHMENTS:

1. Resolution
Exhibit 1 – Agreement and Deed
Exhibit A – Agreement (415 Amerine Ave, Madera, CA 93637) Exhibit 1 – Deed with Two Exhibits
Exhibit 2 - Property Owner List
Ϯ͘ Location Map
Attachment 1
Resolution
RESOLUTION NO. 25-_________

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MADERA

APPROVING AN AGREEMENT FOR THE PURCHASE OF AN EASEMENT AT 415 AMERINE AVE, MADERA, CA 93637 (APN 009-073-020)
WHEREAS, a project is programmed in the Fiscal Year 2024/25 Capital Improvement Program (CIP) to install sidewalks at various locations and is identified as “Sidewalk Improvements at Various Locations City Project R-94 Bid Package 3 Phase 2 AHSC Agreement No. 19-AHSC-12761” (Project); and
WHEREAS, the Project requires the acquisition of right-of-way from one parcel of land to construct sidewalks and curb access ramps in the Project area; and WHEREAS, the one property owner of record, listed in Exhibit 1 attached hereto, has offered for sale to the City of Madera the interest in real property necessary for the Project; and WHEREAS, the property to be acquired is more specifically described in the legal description included in the Agreement for Purchase and Sale of Real Property (Agreement) and attached to the Easement Deed; and
WHEREAS, the purchase price offered for the property has been established per square foot in accordance with the City’s recent acquisitions for commercial and residential properties; and
WHEREAS, on October 21, 2021, the City determined that the Project is Categorically Exempt from California Environmental Quality Act (CEQA) pursuant to Section 15301(a-e) of the CEQA Guidelines; and
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MADERA hereby finds, orders and resolves as follows:
ϭ͘ The above recitals are true and correct.

Ϯ͘ The City Council of the City of Madera approves ĂŶ Agreement for PurchaƐĞ ĂŶĚSale of Real Property ǁŝƚŚ:ƵůŝĞ^ĂůĂnjĂƌŝŶƚŚĞĂŵŽƵŶƚŽĨΨϱϬϬĂŶĚĂĐĐĞƉƚƐƚŚĞ

ĂƐĞŵĞŶƚĞĞĚĨƌŽŵƚŚĞƐĂŵĞĨŽƌƐŝĚĞǁĂůŬŝŵƉƌŽǀĞŵĞŶƚƐĂƚϰϭϱŵĞƌŝŶĞǀĞ͕ DĂĚĞƌĂ͕9ϯϲϯϳ,
ϯ͘ The one Agreement, copy of which is attached hereto as Exhibit 1 and referred to for particulars, are approved.
ϰ͘ The City Clerk is authorized to prepare the Certificate of Acceptance for ƚŚĞ ĂƐĞŵĞŶƚ
Deed.

5. The Finance Director is authorized to make the payment for the land acquisition in the amount shown in the attached Exhibit 2.

6. The City Engineer with the agreement of the City Manager and City Attorney is authorized to make non-material or technical corrections to documents required for implementation of the agreement.

7. This resolution is effective immediately upon adoption. * * * * * * * *
EXHIBIT 1
Agreement and Deed
Exhibit A – Agreement (415 Amerine Ave, Madera, CA 93637) Exhibit 1 – Deed with Two Exhibits

EXHIBIT A
Agreement
(415 Amerine Ave, Madera, CA 93637)
OWNERS: Julie Salazar
PROJECT: AHSC Sidewalk Improvements at Various Locations, City Project R-94 ADDRESS: 415 Amerine Ave APN: 009-073-020
Madera, CA 93637
SITUS: NORTHEAST CORNER OF AMERINE AVE AND 3RD ST

AGREEMENT FOR PURCHASE AND SALE OF REAL PROPERTY
This Agreement for Purchase and Sale of Real Property is effective this _______ day of _________________, 2025.

Julie Salazar, hereinafter referred to as the “Seller”, hereby offers to sell to the CITY OF MADERA, a municipal corporation, hereinafter referred to as the “city”, and City agrees to purchase the hereinafter described real property on the following terms and conditions:

1. Seller is the fee owner of that certain real property located at 415 Amerine Ave, in the City of Madera, County of Madera, State of California, (APN 009-073-020) more particularly described in Exhibit A titled Easement Legal Description to the Easement Deed (“Property”). The Easement Deed is attached as Exhibit A to this Agreement.

2. The purchase price for the Property shall be the sum of Five Hundred Dollars and no Cents ($500) as just compensation for land and improvements.

3. Seller warrants that the Offered Property is being acquired under threat of condemnation.

4. Seller represents and warrants that they have the authority to take the offer herein made, and that they hold fee title to the Property.

5. The sale shall be completed by and through this Agreement upon the following terms and conditions, and Sellers and City by their signature to this Agreement make this paragraph their purchase instructions:
a. City shall pay to Sellers the sums specified in Paragraph 2 of this Agreement upon receipt and recording of the Easement Deed.
b. There shall be no proration of taxes and insurance.
c. Disbursements to be in the amounts, at the times, and in all respects in accordance with the terms and conditions and subject to the limitations of this Agreement. d. Seller shall deliver to the City a signed and notarized Easement Deed in the form substantially as set forth in Exhibit A and as prepared by the City and presented to Seller with this Agreement.

6. Seller warrants that tenants on the Property pursuant to any lease agreement will not be adversely affected by this acquisition.

7. It is agreed and confirmed by the parties hereto that, notwithstanding other provisions in this contract, the right of possession and use of the Property by the City (including, but not limited to, the right to construct and install new improvements and to replace, repair, restore, remove, and/or dispose of existing improvements) shall commence upon execution of this Agreement, and that the amount shown in Clause 2 herein includes, but is not limited to, full payment for such possession and use, including damages if any, from said date.

8. Grantor Sellers hereby grant to the City, its permittees, contractors, agents or assigns, a license to enter upon, over, across, and under all of Seller’s property during the period of construction for the purpose of removal and replacement of existing owner improvements on the Property and for the purpose of facilitating the construction of public improvements and accomplishing all necessary incidence thereto, including, but not limited to, the repair, replacement, restoration, removal, and/or disposal of existing improvements. Any actual damage or substantial interference with the possession of use of the adjacent land caused by City, its permittees, contractors, agents, or assigns shall be cured by the same.

9. The obligation of the City to purchase the Property is contingent upon the finding by City that there is no evidence that there may be hazardous or toxic materials located on the Property.

The cost of this determination is the sole expense of the City.

10. Time is of the essence of each and every term, condition, and covenant.

11. It is understood and agreed that this Agreement shall become a contract for the purchase and sale of real property and improvements on the parcel binding upon Seller and City, their heirs, executors, administrators, successors in interest, and assigns.

12. No addition to or modification of any term or provision of this Agreement shall be effective unless set forth in writing and signed by both parties. If any legal action is necessary to enforce or interpret this Agreement, the prevailing party shall be entitled to reasonable attorneys’ fees and costs.
/ / /
/ / /
/ / /
/ / /
/ / /

CITY OF MADERA, SELLER
A municipal corporation
By: __________________________ By:_________________________________ CeCe Gallegos, Mayor Julie Salazar
Date: ________________________ Date:_______________________________ (Seller Signature Requires Notary Acknowledgement)
APPROVED AS TO FORM:

By: __________________________
Shannon L. Chaffin, City Attorney
ATTEST:

By: _________________________
Alicia Gonzales, City Clerk
A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.

State of California
County of
On this the _______________ before me, _________________________________________________, Date Here Insert Name and Title of the Officer
Personally appeared ___________________________________________________________________ Name(s) of Signer(s)
_________________________________________________________________________________________________________ Who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of
the State of California that the foregoing paragraph is true and correct.

WITNESS my hand and official seal.

Signature of Notary Public
Place Notary Seal/Stamp Above

OPTIONAL
Completing this information can deter alteration of the document or fraudulent reattachment of this form to an unintended document.

Description of the Attached Document
Title or Type of
Document: Agreement for Purchase & Sale of Real Property Document Date: Number of Pages: 3 Pages
Signer(s) Other Than Named Above: ______________________________________________________ Capacity(ies) Claimed by Signer(s)
Signers Name: ___________________________
Corporate Officer – Title(s): _________________
Partner Limited General
Individual Attorney in Fact
Trustee Guardian or Conservator
Other:

Signer is Representing: ______________________
Signers Name: ___________________________
Corporate Officer – Title(s): _________________
Partner Limited General
Individual Attorney in Fact
Trustee Guardian or Conservator
Other:

Signer is Representing: ______________________

RECORDING REQUESTED BY:

City of Madera
AFTER RECORDING RETURN TO:

City of Madera
205 W. 4th Street
Madera, CA 93637
_Attn: City Clerk______________________________________________________________________ Fee waived per Section 27383 of the Government Code No Fee Due ________________________ APN: 009-073-020 No Doc Tax Due R&T 11922___________

EASEMENT DEED

FOR A VALUABLE CONSIDERATION, RECEIPT OF WHICH IS HEREBY ACKNOWLEDGED, JULIE SALAZAR, (“Grantor”) DOES HEREBY GRANT TO THE CITY OF MADERA, A MUNICIPAL CORPORATION OF THE STATE OF CALIFORNIA (“Grantee”) a permanent exclusive easement for public sidewalks, street improvements, and any and all other municipal purposes over, under, through and across, on and in the following described real property in the City of Madera, County of Madera, State of California, being more particularly described in EXHIBIT “A”, LEGAL DESCRIPTION, attached hereto and made a part hereof:

GRANTOR
By: ___________________________
Julie Salazar
Date: _________________________

EXHIBIT 2
Property Owner List

PROPERTY OWNER LIST

RIGHT OF WAY ACQUISITION
For
SIDEWALK IMPROVEMENTS AT VARIOUS LOCATIONS CITY PROJECT NO. R-94 BID PACKAGE 3 PHASE 2 AHSC AGREEMENT NO. 19-AHSC-12761

APN PROPERTY OWNER/ADDRESS AMOUNT
009-073-020 :ƵůŝĞ ^ĂůĂnjĂƌ $500.00
ϰϭϱ ŵĞƌŝŶĞ
Madera, CA 93637
Attachment 2
Location Map

REPORT TO CITY COUNCIL
Approved by: Council Meeting of: March 19, 2025
_________________________________ Agenda Number: ___________ Wendy Silva, Director of Human Resources
_________________________________
Arnoldo Rodriguez, City Manager
SUBJECT:

Appointment to the Civil Service Commission
RECOMMENDATION:

Adopt a resolution approving the appointments of Gloria Toscano and John Jasper to the Civil Service Commission
SUMMARY:

The City of Madera Municipal Code provides that the Civil Service Commission (Commission) is comprised of seven (7) members. Each member of the City Council makes a nomination to be considered for appointment by the Mayor and the Mayor has one direct appointment.

Appointments are subject to approval of the City Council by resolution. At this time, Councilwoman Mejia has nominated Mayor Gallegos has appointed Gloria Toscano to the Civil Service Commission for District 5. In the absence of a nomination from District 6 and due to a long-standing vacancy, Mayor Gallegos has appointed John Jasper to the Civil Service Commission for District 6. The requested action is to approve the appointments of Ms. Toscano and Mr.

Jasper.

DISCUSSION:

The Commission is established in Chapter 2 of the City’s Municipal Code. The Commission reviews recruitments and certifies the list of eligible candidates for full time employment with the City.

The Commission also is the hearing body for appeals related to employment practices, including employee discipline, application of the City’s Personnel Rules, and hiring practices. Pursuant to Municipal Code Section 2-2.303, the Commission is a seven (7) member body. Nominations of individuals to serve as Commissioners may be made by each member of the City Council. The Mayor then makes appointments from those nominated. The Mayor also can make a direct appointment if no nomination is provided within a reasonable time. The Mayor’s appointments B-10
must be approved by the City Council as a whole, with the resolution of appointment approved by at least four (4) members of the Council.

Commission members are noted below in Table 1, with the individuals considered for approval of appointment indicated in bold text. Councilwoman Mejia has nominated Gloria Toscano on behalf of District 5 and the Mayor has appointed Ms. Toscano. No nomination has been made on behalf of District 6; the District 6 position has been vacant since the resignation of Muhammad Latif in April 2023. As such, with no nomination presented, Mayor Gallegos has appointed applicant John Jasper, whose application to serve was on-file with the City Clerk’s office.

Table 1. Civil Service Commission Appointments
Commissioner Nominating Councilmember City Council District Dennis Smith Mayor Gallegos At-large Mayor
Nick Salinas Councilmember Zacharia
(previously appointed by then-District 1
Councilwoman Gallegos)
District 1
Vacant Mayor Pro Tem Rodriguez District 2
Saim Mohammad Councilmember Montes District 3
Shawn Griffin Councilwoman Evans District 4
Gloria Toscano Councilwoman Mejia District 5
John Jasper Councilmember Villegas (appointment by Mayor Gallegos due to ongoing vacancy)
District 6
The action contemplated with this report is to confirm the appointments of Ms. Toscano and Mr.

Jasper. The Municipal Code also provides that the resolution of appointment must receive at least four (4) affirmative votes to pass.

FINANCIAL IMPACT:

There is no anticipated financial impact.

ALTERNATIVES:

Council may direct staff to seek additional applications to serve on the Commission.

ATTACHMENTS:

1. Resolution

2. Volunteer application for Gloria Toscano

3. Volunteer application for John Jasper
Attachment 1: Resolution
Resolution No. _______

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MADERA

CONFIRMING THE APPOINTMENTS OF GLORIA TOSCANO AND JOHN

JASPER TO THE CITY OF MADERA CIVIL SERVICE COMMISSION
WHEREAS, the City of Madera has established a Civil Service Commission (Commission) to serve in a volunteer capacity to fulfill the duties of the Commission as identified in the City of Madera Personnel Rules and Regulations and City of Madera Municipal Code; and WHEREAS, the Commission is comprised of seven citizens who may be nominated by members of the City Council and appointed by the Mayor, subject to confirmation by the Council as a whole; and
WHEREAS, on behalf of City Council District 5, Councilwoman Mejia has nominated and Mayor Gallegos has appointed Gloria Toscano to the Commission for a term concluding December 2, 2026, or as otherwise provided in the Madera Municipal Code; and WHEREAS, due to an ongoing vacancy with no nomination from City Council District 6, Mayor Gallegos has appointed John Jasper to the Commission for a term concluding December 6, 2028, or as otherwise provided in the Madera Municipal Code; and WHEREAS, Gloria Toscano and John Jasper desires to serve on the Commission.

NOW, THEREFORE, THE COUNCIL OF THE CITY OF MADERA hereby resolves, finds, and orders as follows:

1. The above recitals are true and correct.

2. Gloria Toscano’s appointment to the Civil Service Commission for a term ending December 2, 2026, unless otherwise indicated by the Madera Municipal Code, is approved.

3. John Jasper’s appointment to the Civil Service Commission for a term ending December 6, 2028, unless otherwise indicated by the Madera Municipal Code, is approved.

4. This resolution is effective immediately upon adoption. ********** **********
Attachment 2: Volunteer Application for Gloria Toscano
City Clerk Page 1 of 2
Update 09/19/23

CITY OF MADERA

COMMISSION, BOARD, AND COMMITTEE

APPLICATION
I hereby request that I be considered as a nominee for the following City of Madera Commission, Board, or Committee:

PLEASE CHECK ONE OR MORE:
_____ ADA Advisory Council _____ Airport Advisory Commission _____ Beautification Committee _____ Civil Service Commission _____ CDBG Block Grant Commission _____ Loan Review Committee _____ Planning Commission _____ Transit Advisory Board
_____ Other: ____________________
Please type or print in ink.
_________________________________________________________________________________________________________ LAST NAME FIRST NAME M.I.
_____

HOME ADDRESS CITY, STATE, ZIP HOME PHONE
_

MAILING ADDRESS CITY, STATE ZIP E-MAIL ADDRESS
___

EMPLOYER JOB TITLE BUSINESS PHONE
Length of residence in the City of
Madera:

Years _________ Months ________
Have you ever been convicted of
a felony?
Yes _________ No ________
Are you 18 years of age or
older?
Yes ______ No ________
Educational background:
_______________________________________________________________________________ _______________________________________________________________________________ _______________________________________________________________________________ _______________________________________________________________________________

Attachment 3: Volunteer Application for John Jasper

REPORT TO CITY COUNCIL
Council Meeting of: March 19, 2025
Agenda Number: ___________
Keith Helmuth, Department Director
Arnoldo Rodriguez, City Manager
SUBJECT:

Memorandum of Understanding with Respect to the Cost Sharing for Water Year 2024 Madera Subbasin Groundwater Sustainability Plan (GSP) Annual Reports RECOMMENDATION:

Approve a Resolution Approving Memorandum of Understanding with Respect to the Cost Sharing for Water Year 2024 Madera Subbasin GSP Annual Reports (MOU) SUMMARY:

The City of Madera (City) is one of seven agencies that have established a Groundwater Sustainability Agency (GSA) within the boundaries of Madera Groundwater Subbasin (Subbasin) pursuant to the 2014 Sustainable Groundwater Management Act (SGMA). The seven GSAs include the following members:
 City of Madera (City)  Gravelly Ford Water District
 County of Madera (County)  Root Creek Water District  Madera Irrigation District (MID)  New Stone Water District (NWSD)  Madera Water District (MWD)
Four GSAs, including the City, County, MID, and MWD, prepared one joint Groundwater Sustainability Plan (GSP).

Approved by:

Groundwater Sustainability Agency
D-1
The original joint GSP, prepared in 2020, requires GSAs to achieve groundwater sustainability in the Subbasin by 2040. Combined, the original joint GSP GSAs are responsible for approximately 95 percent of the Subbasin.

The remaining three GSAs, Gravelly Ford Water District GSA, Root Creek Water District GSA and New Stone Water District GSA, each prepared their own individual GSPs, which, when combined with the joint GSP, collectively cover and manage the entire Subbasin as required by SGMA.

The GSAs were required to prepare, adopt and begin implementing the GSP by January 31, 2020.

On February 5, 2020, as result of adopting and implementing the GSP, City approved a Memorandum of Understanding (2020 MOU) that was intended to address cost sharing for tasks that included preparation of Annual Reports and other activities as may be deemed necessary by all parties to this agreement for implementation of the Madera Subbasin Joint GSP.

On January 15, 2020, as result of adopting and implementing the GSP, City approved the Madera Subbasin Coordination Agreement (Coordination Agreement). In addition to addressing the requirement to have a coordination agreement, the Coordination Agreement provided for cost sharing of Point of Contact costs allocated to each agency on the basis of effort associated with each GSA.

DISCUSSION:

As part of comments received from DWR in May 2024, it was requested that a coordinated Subbasin-wide annual report be submitted as a supplemental document in addition to a the now standard Joint GSP annual report.

As a result of the DWR request, the consultant responsible for preparation of the various GSP reports was tasked to prepare the documents in advance of this staff report by the County as a result of fairly tight submittal requirement to the State. The cost proposed as seen in Table 1 was sent to staff of the various GSAs, including the City, in advance of authorizing the consultant to proceed. All GSAs approved of the proposal based on what they saw at that time. City staff approved of this proposal on the basis that the January 15, 2020 Coordination Agreement and the 2020 MOU already agreed to such costs in principal. Staff would not overtly reject proposed costs unless they were viewed as obviously and blatantly unreasonable relative to previous agreements.

Table 1: Cost Sharing Proposal
GSA
Task 1 Share
Coordinated Subbasinwide GSP Annual Report
Task 2 Share
Joint GSP Annual
Report
Total Financial
responsibility
MID $7,407.14 $10,161.50 $17,568.64
City of Madera $7,407.14 $10,161.50 $17,568.64
MWD $7,407.14 $10,161.50 $17,568.64
County of Madera $7,407.14 $10,161.50 $17,568.64
GFWD $7,407.14 $ - $7,407.14
RCWD $7,407.14 $ - $7,407.14
NSWD $7,407.14 $ - $7,407.14
Total $51,850.00 $40,646.00 $92,496.00
Taken in reverse order of what is presented in the proposal, the City has previously agreed to share the costs of annual reports as part of a 2020 MOU. At the time that agreement was approved, it was not known what the cost of annual reports would be. A review of past reports indicates that costs have varied from a low of $6,647.23 (2021) to a high of $11,090.22 (2022) with an average of $9,374. Based on the review of past annual reports, the proposed cost of Task 2 (Joint GSP Annual Report) was considered acceptable at a staff level.

With regard to Task 1 Share (Coordinated Subbasin-wide GSP Annual Report), this effort, at least the first time around in what is a probably an annual requirement, requires the compilation and review of information from all GSPs that will then be packaged into one unified document. It was also considered by staff as acceptable.

FINANCIAL IMPACT:

There is no fiscal impact to the City’s General Fund related to approval of the Agreement as cost associated with the agreement as it is anticipated they will be funded in the same manner as assumed in the February 5, 2020 Memorandum of Understanding that indicated Water Utility Fund as a source. Specifically, 20303800-6440 has been utilized.

Additionally, it was assumed that costs might have an approximate annual total cost of $22,000 which is less than what the Agreement calls for.

ALTERNATIVES:

Not approve the Amendment – Given previous agreement that suggest a need to share in cost, such a decision might, at least in part, violate one or both of those previous agreements.

ATTACHMENTS:

1. Resolution
Exhibit A – Memorandum of Understanding with Respect to the Cost Sharing for Water Year 2024 Madera Subbasin GSP Annual Reports
Attachment 1
Resolution
RESOLUTION NO. 25-

A RESOLUTION OF THE CITY OF MADERA AND THE CITY OF MADERA,

GROUNDWATER SUSTAINABILITY AGENCY BOARD APPROVING THE

MEMORANDUM OF UNDERSTANDING WITH RESPECT TO THE COST
SHARING FOR THE WATER YEAR 2024 MADERA SUBBASIN GSP ANNUAL

REPORTS
WHEREAS, the California Legislature passed a statewide framework for sustainable groundwater management, known as the Sustainable Groundwater Management Act (“SGMA”), in California Water Code §10720 et seq., pursuant to Senate Bill 1168, Senate Bill 1319, and Assembly Bill 1739, which was approved by the Governor and Chaptered by the Secretary of State on September 16, 2014; and
WHEREAS, SGMA requires that each groundwater basin be managed by a Groundwater Sustainability Agency (“GSA”), or multiple GSAs, and that such management be pursuant to an approved Groundwater Sustainability Plan (“GSP”), or multiple GSPs; and WHEREAS, each of the parties is a GSA within its territorial boundaries; and WHEREAS, the County of Madera, the City of Madera, MID, MWD, Root Creek, Gravelly Ford, and New Stone (collectively hereinafter “Madera Subbasin GSAs”) comprise the totality of GSAs for the Madera Groundwater Subbasin (“Madera Subbasin”), as its boundaries are recognized by California’s Department of Water Resources (“DWR”), and may be modified from time to time in accordance with Water Code section 10722.2; and WHEREAS, in the Madera Subbasin, the County of Madera, the City of Madera, MID, and MWD have jointly prepared the Madera Subbasin Joint GSP, while Root Creek, Gravelly Ford, and New Stone have prepared individual GSPs within their respective territorial boundaries; and
WHEREAS, the Parties desire, through this MOU, to enter into a cost sharing agreement with respect to development of the Madera Subbasin GSP Annual Reports for water year (“WY”) 2024, consistent with the requirements of the Sustainable Groundwater Management Act (“SGMA”), GSP regulations, and applicable guidance from DWR (the “Project”), whereby costs are allocated equally among the parties; and WHEREAS, funding is available in the Water Utility Fund, 20303800-6440.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MADERA ACTING AS THE CITY OF MADERA GSA hereby finds, orders and resolves as follows:

1. The above recitals are true and correct.

2. The Agreement entitled “Memorandum of Understanding with Respect to the Cost Sharing for Water Year 2024 Madera Subbasin GSP Annual Reports” is approved and attached as Exhibit “A.” A copy of the Agreement shall be kept on file in the office of the City Clerk. 3.

1. The Mayor is authorized to execute the Agreement.

2. This resolution is effective immediately upon adoption. * * * * * * * *

EXHIBIT A

MEMORANDUM OF UNDERSTANDING

WITH RESPECT TO THE COST SHARING FOR THE
WATER YEAR 2024

MADERA SUBBASIN GSP ANNUAL REPORTS
THIS MEMORANDUM OF UNDERSTANDING ("MOU") is entered into the _ day of ______ , 2025 (the "Effective Date"), by and among the Groundwater Sustainability Agencies ("GSAs") for the CITY OF MADERA ("City"), the COUNTY OF MADERA ("County of Madera"), the MADERA IRRIGATION DISTRICT ("MID"), the MADERA WATER DISTRICT ("MWD"), the ROOT CREEK WATER DISTRICT ("Root Creek") the GRAVELLY FORD WATER DISTRICT ("Gravelly Ford"), and the NEW STONE WATER DISTRICT ("New Stone"), collectively hereinafter referred to as the "Parties."

RECITALS
A. On September 16, 2014, the Governor of the State of California signed SGMA into law, consisting of Senate Bills 1168 and 1319, and Assembly Bill 1739 collectively, codified at Water Code Sections 10720 et seq.; B. SGMA requires that California groundwater basins and subbasins be managed by a Groundwater Sustainability Agency ("GSA") or multiple GSAs, and that such management be implemented pursuant to an approved Groundwater Sustainability Plan ("GSP") or multiple coordinated GSPs;
C. Each of the Parties is a GSA within its territorial boundaries; D. The County of Madera, the City of Madera, MID, MWD, Root Creek, Gravelly Ford, and New Stone (collectively hereinafter "Madera Subbasin GSAs") comprise the totality of GSAs for the Madera Groundwater Subbasin ("Madera Subbasin"), as its boundaries are recognized by California's Department of Water Resources ("DWR"), and may be modified from time to time in accordance with Water Code section 10722.2;
E. In the Madera Subbasin, the County of Madera, the City of Madera, MID, and MWD have jointly prepared the Madera Subbasin Joint GSP, while Root Creek, Gravelly Ford, and New Stone have prepared individual GSPs within their respective territorial boundaries; and
F. The Parties desire, through this MOU, to enter into a cost sharing agreement with respect to development of the Madera Subbasin GSP Annual Reports for water year ("WY") 2024, consistent with the requirements of the Sustainable Groundwater Management Act ("SGMA"), GSP regulations, and applicable guidance from DWR (the "Project"), whereby costs are allocated equally among the parties.

II
NOW, THEREFORE, in consideration of the mutual promises, covenants and conditions contained herein and these Recitals, which are hereby incorporated herein by this reference, it is agreed by and among the Parties as follows:

1. OBJECTIVE. The objective of the Parties in entering into this MOU is to share the costs of preparation of the WY 2024 Madera Subbasin GSP Annual Reports, which includes the Subbasin-wide annual report and a joint GSP annual report.

2. COST SHARING. With respect to the sharing of costs, the Parties to this MOU agree as follows:
(a) Costs will be allocated among the Madera Subbasin GSAs as shown on the Table in Exhibit "A."
(b) Each Party shall pay any invoice associated with this MOU within thirty (30) days of the date of the invoice.

3. TERM. This MOU shall be effective as of the Effective Date, and shall remain in effect until June 30, 2025.

4. WITHDRAWAL. A Party may, in its sole discretion, withdraw from this MOU upon 90 days written notice to the other Parties, provided that the withdrawing Party will remain responsible for its proportionate share of any obligation or liability duly incurred under this MOU, and previously approved by the withdrawing Party.

5. NOTICES. All notices required or permitted by this MOU shall be in writing, and may be delivered in person (by hand or by courier) or may be sent by regular, certified, or registered mail or U.S. Postal Service Express Mail, with postage prepaid, or by facsimile transmission, or by electronic transmission (email) and shall be deemed sufficiently given if served in a manner specified in this Section 5. The addresses and addressees noted below are that Party's designated address and addressee for delivery or mailing of notices.

II
CITY OF MADERA:

City of Madera
205 W. Fourth Street
Madera, CA 93637
(559) 661-5400
COUNTY OF MADERA:

County of Madera
Dept. of Water and Natural Resources
200 W. Fourth Street
Madera, CA 93637
(559) 675-7703

MADERA IRRIGATION DISTRICT:

Madera Irrigation District
12152 Rd 28 ¼
Madera, CA 93637
(559) 673-3514
MADERA WATER DISTRICT:

Madera Water District
16943 Rd 26, Suite 103
Madera, CA 93637
(559) 674-4944
ROOT CREEK WATER DISTRICT: GRAVELLY FORD WATER DISTRICT:

Root Creek Water District
P.O. Box 27950
Fresno, CA 93729
(559) 326-2222
NEW STONE WATER DISTRICT:

New Stone Water District
P.O. Box 1350
Selma, CA 93662
(559) 834-6677
Gravelly Ford Water District
25176 Avenue 5 1/2,
Madera, CA 93637
Any Party may, by written notice to the other Parties, specify a different address for notice. Any notice sent by registered or certified mail, return receipt requested, shall be deemed given on the date of delivery shown on the receipt card, or if no delivery date is shown, three (3) days after the postmark date. If sent by regular mail, the notice shall be deemed given forty-eight (48) hours after it is addressed as required in this section and mailed with postage prepaid. Notices delivered by United States Express Mail or overnight courier that guarantee next day delivery shall be deemed given twenty-four (24) hours after delivery to the Postal Service or courier. Notices transmitted by facsimile transmission or similar means (including email) shall be deemed delivered upon telephone or similar confirmation of delivery (conformation report from fax machine is sufficient), provided a copy is also delivered via personal delivery or mail. If notice is received after 4:00 p.m. or on a Saturday, Sunday or legal holiday, it shall be deemed received on the next business day.

6. COMPLIANCE WITH LAWS. In any action taken pursuant to this MOU, the Parties shall comply with all applicable statutes, laws, and regulations, specifically including, but not limited to, SGMA and its implementing regulations, as they now exist or as they may be amended or promulgated from time to time.

To the extent that this MOU conflicts with or does not accurately reflect any applicable statutes, laws, or regulations now existing or as amended or promulgated from time to time, the laws, statutes, and regulations shall govern. To the extent that any applicable statutes, laws, or regulations are amended or newly promulgated in such a manner that causes this MOU to conflict with, or no longer accurately reflect, such

statutes, laws, or regulations, this MOU shall be modified, in writing, by all Parties, in order to comport with the newly amended or promulgated statutes, laws, or regulations.

7. ENTIRE AGREEMENT. This MOU and items incorporated herein contain all of the agreements of the Parties with respect to the matters contained herein, and no prior agreement or understanding pertaining to any such matter shall be effective for any purpose.

8. AMENDMENTS. No provisions of this MOU may be amended or modified in any manner whatsoever except by an agreement in writing duly authorized by the governing bodies of all Parties.

9. ASSIGNMENT. The rights and obligations of the Parties under this MOU may not be assigned or delegated.

10. BINDING EFFECT. This MOU shall apply to and bind successors, assignees, contractors, subcontractors, transferees, agents, employees, and representatives of the respective Parties hereto.

11. GOVERNING LAW. This MOU and all documents provided for herein and the rights and obligations of the Parties hereto shall be governed in all respects, including validity, interpretation and effect, by the laws of the State of California (without giving effect to any choice of law principles).

12. WAIVER. The failure of any Party to insist on strict compliance with any provision of this MOU shall not be considered a waiver of any right to do so, whether for that breach or any subsequent breach. The acceptance by any Party of either performance or payment shall not be considered to be a waiver of any preceding breach of the MOU by any other Party.

13. SEVERABILITY. If any term or provision of this MOU is, to any extent, held invalid or unenforceable, the remainder of this MOU shall not be affected.

14. HEADINGS. The subject headings of the sections of this MOU are included for purposes of convenience only and shall not affect the construction or interpretation of any of the provisions herein.

15. COUNTERPARTS. This MOU may be executed in any number of counterparts, each of which shall be an original, but all of which shall constitute one and the same instrument.

II
II
II
Page4
IN WITNESS WHEREOF, the Parties have executed this MOU as of the day and year first above written.

CITY OF MADERA
By:
------------
Name: -----------
Title: -----------

MADERA IRRIGATION DISTRICT
B y ~
Name: /~omos GR,:cz
Title: btNE121J<- /J2tq..~

GRAVELLY FORD WATER DISTRICT
By:------------
Name: -----------
Title:
-----------

COUNTY OF MADERA
By:-----------
Name: -----------
Title: ------ -----
1245-92\AGD 4934-2410-8320.PDF

MADERA WATER DISTRICT
By:------------
Name: ----------
Title: -----------

ROOT CREEK WATER DISTRICT
By:-----------
Name: ----------
Title: -----------

NEW STONE WATER DISTRICT
By:-----------
Name:

Title:
----------
-----------
Approved as to Legal Form:

COUNTY OF MADERA
COUNTY COUNS~llys;gnedby Laurie Lau ne Aved;s;an-Favin; AvedisianBy: Favini
ON: N = Laurie Avedisian-Favini
em ii = [email protected]
C = USO = Lozano Smith
9a1e: 2025.02.25 16:01 :24 -oa·oo·

EXHIBIT "A"
Exhibit A - Cost Breakdown for each GSA in the Subbasin Task 1 Estimated Fee (all GSAs) = $51,850.00
Task 2 Estimated Fee (Joint GSP GSAs) = $40,646.00
GSA Task 1 Share Task 2 Share Total Financial
Responsibility
MID $7,407.14 $10,161.50 $17,568.64
City of Madera $ 7,407.14 $10,161.50 $17,568.64
MWD $7,407.14 $10,161.50 $17,568.64
County of Madera $7,407.14 $10,161.50 $17,568.64
GFWD $7,407.14 $ - $ 7,407.14
RCWD $7,407.14 $ - $ 7,407.14
NSWD $ 7,407.14 $ - $ 7,407.14
TOTAL= $51,850.00 $40,646.00 $92,496.00

REPORT TO CITY COUNCIL
Approved by: Council Meeting of: March 19, 2025
_________________________________ Agenda Number: ___________ Keith Helmuth, P.E., Department Director
_________________________________
Arnoldo Rodriguez, City Manager
SUBJECT:

Authorization for the Request of Congressionally Directed Spending Funding Request for the Avenue 13 Sewer Rehabilitation Project and the 2.5 Million Gallon Water Tank Project RECOMMENDATION:

Adopt a Resolution authorizing the request for Congressionally Directed Spending for the Avenue 13 Sewer Rehabilitation project and the 2.5 Million Gallon Water Tank Project SUMMARY:

Each year the Federal Government initiates the process which allows members of the House and Senate to make appropriation requests, this process is colloquially known as Congressionally Directed Spending (CDS) requests. While there are many categories in which funding can be requested, the City has historically used this mechanism to request funding to aid in the construction of various Capital Improvement Projects.

The City has made numerous requests to both our elected House and Senate representatives, in the past 2-3 years, several requests for funding were granted from the offices of Senator John Duarte and Senator Jim Costa. A summary of the award amounts and their associated projects are shown below in Table 1.

Table 1: Previous Federal Funding Received
Representative Project Amount
Congressmen John Duarte Ave 13 Sewer Trunk Rehab $1,000,000 Congressmen John Duarte Howard & Pine Sewer Storm Drain $1,000,000 Congressmen Jim Costa Ave 13 Sewer Trunk Rehab $3,500,000 D-2
For the current FY CDS request, a total of $14,310,000 in funding is being requested across two projects: The Avenue 13 Sewer Rehabilitation Project and the 2.5 Million Gallon Water Tank project. A breakdown of these costs is detailed below in Table 2.

Table 2: Funding Request by Project
Project Project Phase Funding Request
Ave. 13 Sewer Rehab Construction $5,310,000

2.5M Gallon Water Tank Construction $9,000,000
Total Funding Request $14,310,000
Council may recall that the Avenue 13 Sewer Line has experienced numerous breaks in the past several years, which required two separate emergency repairs to be undertaken. While the repairs have been completed, and a large section of the pipeline has been rehabilitated, the final segment still requires rehabilitation.

The last segment of the pipe stretches from the intersection of Avenue 13 (Pecan Avenue) and Granada Drive to State Route 99, and as one of the most heavily used routes for wastewater between the City and the Wastewater Treatment Plant, maintaining its integrity is critical. At a total projected cost of $7,310,000 dollars, it is one of the most expensive of the City’s currently active projects.

The 2.5 Million Gallon Water Tank project would see the construction of a water tank in the North-East section of the City, its goal is to offset the impacts to the City during drought conditions. At an estimated cost of $28,626,196, it is the most expensive project currently active.

As with all outside agency funding requests, the goal is to secure funding to alleviate the impact to funds that receive their revenue from rate payers, which in this case would be the City Water & Sewer Funds. Without funding from an outside source, neither of these funds is currently able to pay for these projects and all other CIP projects simultaneously.

Without an outside source of funding, the likely outcome would be that many of the other projects programmed against the Sewer & Water funds would need to be delayed or canceled, and ultimately, some amount of the cost of these improvements would need to be absorbed by ratepayers.

FISCAL IMPACT:

These requests do not have a direct impact on the General Fund, but could minimize potential increases to the Sewer and Water Enterprise funds which are already impacted.

ALTERNATIVES:

Council may request changes to the amount of funds being requested, the projects being applied for, or other items if desired.

ATTACHMENTS:

1. Resolution

2. Funding Request Forms
Attachment 1
Resolution
RESOLUTION NO. 25-_____

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MADERA,

CALIFORNIA, AUTHORIZING A REQUEST FOR CONGRESSIONALLY

DIRECTED SPENDING FOR THE CITY OF MADERA FROM FOR THE AVENUE 13 SEWER REHABILITATION PROJECT AND THE 2.5 MILLION GALLON

WATER TANK PROJECT
WHEREAS, Congressionally Directed Spending Requests for Federal Fiscal Year 2026 are now being accepted; and
WHEREAS, all requests must also include a resolution of support from the local elected government body; and
WHEREAS, the City of Madera would like to request funding for the Avenue 13 Sewer Rehabilitation project and the 2.5 Million Gallon Water Tank project.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MADERA HEREBY resolves, finds, determines and orders as follows:

1. The above recitals are true and correct.

2. The City Council of the City of Madera approves and supports the request for Congressionally Directed Spending funds for the Avenue 13 Sewer Rehabilitation project and the 2.5 Million Gallon Water Tank project.

3. The City Manager, or his/her designee, is designated to represent the City of Madera and authorized to sign any agreements related to this request.

4. City Staff is authorized to fill out any and all forms required to this request and submit them to the office of the appropriate Federal representative.

5. This resolution is effective immediately upon adoption. * * * * * * * * *
Attachment 2
Funding Request Forms
03/19/2025

ͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺ____
Date
City of Madera Request for Funding
Date of Application: __________________________
Legal Name of Organization: _________________________ Contact Person: ______________________ Title: __________________________ Email Address: _________________________________________ Phone Number: ____________________________ Address: ____________________________________ City: __________ State: ______ Zip Code: __________
Project Information
Project Name: ________________________________________________________________________ Funding Amount Requested: ________________________ Total Project Cost: ____________________ Project Timeline (Approximate):

Project Budget:

Other Funding Sources: _________________________________________________________________ Is this Funding Required for Project Completion? ☐Yes ☐No Planning/Design Status: __________________________________________________________ Phase Funding Request Other Funding Sources
Design
Right-of-Way
Construction
Phase Start Date End Date
Design
Right-of-Way
Construction
Describe the Use of the Funds being Applied for: ______________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ Description of Project: ___________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ _____________________________________________________________ ______________________ Arnoldo Rodriguez, City Manager Date
Madera City Council Meeting
March 1ϵ, 202ϱ
Agenda Item: E-1
Mid Valley 2024 Annual Update & the Recycler of the Year Recoŵŵendation͗ dhis report is submitted for informational purposes only, no action requested from the City Council (Report by Billie Hansen, Mid salley isposal)
There is no written report for this item.

REPORT TO CITY COUNCIL
Approved by: Council Meeting of: March 19, 2025
_________________________________ Agenda Number: ____________ John Botwright, Division Manager
_________________________________
Arnoldo Rodriguez, City Manager
SUBJECT:

Information report on the City’s Water Division
RECOMMENDATION:

This report is submitted for informational purposes and no action is requested from the City Council.

SUMMARY:

During a recent City Council meeting, Council requested an update on the City’s Water Division, specifically regarding the City’s response to water leaks. This report provides an overview of the Water Division’s staffing, roles, and responsibilities.

The Public Works Department has five divisions, including:

1. Water

2. Streets and Storm Drainage

3. Wastewater Treatment Plant (Sewer Plant)

4. City Facilities (including structures, street and signal lights)

5. Administration (including the Airport)
The Water Division consists of three subdivisions:
▪ Water Maintenance
▪ Water Quality
▪ Water Conservation
The primary responsibility of the Water Division is to ensure the delivery of a sufficient and reliable water supply for fire suppression and potable use. The City relies exclusively on groundwater, as it lacks surface water rights and does not operate a surface water treatment facility. The water distribution infrastructure consists entirely of distribution mains (16 inches for:

ͲϮ
and smaller), with mains ranging from 8 to 16 inches in diameter, designed to sustain highvolume conveyance, while local distribution mains range from 2 to 6 inches in diameter to accommodate localized service connections efficiently. In recent years, starting with the Loves Travel Center on Avenue 17, the City has required installation of 24 inch transmission mains at two different locations. As part of the northeast water storage project, the City will install its first public construction of a 24-inch transmission main. Regardless, the system is engineered to maintain consistent pressure and flow rates to meet regulatory standards and operational demands.

Infrastructure Overview
The Water Division manages approximately:
▪ 200 miles of water mains
▪ 2,000 public fire hydrants (private hydrants are the responsibility of property owners) ▪ 4,000 street valves
▪ 15,000 customer service connections
▪ 20 water wells producing between 800 to 1,200 gallons per minute ▪ Cook Water Tower, the City’s only water storage facility (1-million-gallon capacity) The team will also operate the future northeast Madera 2.5-million-gallon storage tank currently being designed.

It is worth noting that water usage has steadily declined due to the implementation of water meters, which became mandatory in California after 1992. Assembly Bill (AB) 2572 (2004) mandated that all municipalities install water meters by January 1, 2025 to promote accountability and conservation. While most of the City is currently metered, approximately 300 service connections remain unmetered. The City is working to convert the remaining unmetered connections to metered connections by the end of the year.

While water usage has steadily declined, as summarized in Attachment 1, the City’s aging water infrastructure continues to require significant maintenance and upgrades. Additionally, as the City expands, new water lines are being added to accommodate growth. Despite reduced consumption, the cost per gallon of delivered water is expected to increase due to escalating maintenance and repair needs. The aging pipeline network is more susceptible to leaks and failures, necessitating proactive asset management and investment in replacement projects.

Water Maintenance Division
This Division is responsible for maintaining and repairing the City’s water infrastructure. The most visible aspect of this work involves addressing water leaks, which can attract public scrutiny.

These leaks include:
▪ Street Leaks: Require four staff members and typically take 5-6 hours under normal conditions. Repair cannot commence until Underground Service Alert (USA) has marked the area for possible other utilities that could be damaged during exaction to the leak. ▪ Meter Box Leaks: Require 1-2 staff members and typically take 1-2 hours.

It is not uncommon for multiple water leaks to be active within the City. Leak response prioritization is determined by several key factors, including pipe diameter, risk of roadway subgrade erosion, potential public safety hazards, and the severity of the leak. Larger-diameter main breaks or leaks that pose an immediate threat to infrastructure integrity or safety receive expedited attention, while lower-risk, minor leaks may be scheduled for later repair based on operational capacity and resource allocation. Given this response framework, in 2024, the City completed:
▪ 165 Water leaks per the following:
o 98 Service line replacements(between water main and meter box; these are often in the street)
o 5 Main leak repairs
o 62 Meter box leak repairs
▪ 4 Fire hydrant replacements
▪ 25 Fire hydrant repairs
Staffing and Certification Requirements
To work on a public water system, staff must obtain certification from the State Water Resources Control Board. Maintaining these certifications requires ongoing continuing education to stay current with regulatory and industry standards.

Current Staffing:
▪ 1 Lead Worker
▪ 3 Field Staff
▪ 4 Vacant Positions and fluctuating staff absences for illnesses or personal leave (actively recruiting)
The Water Division currently faces staffing challenges that can partially be attributed to the certification requirements mandated by the State Water Resources Control Board. While the City has attempted to address vacancies by hiring individuals without certification under the condition that they obtain a Distribution 1 (D1) certification. Unfortunately, this approach has not netted the desired results.

The certification pathway consists of five levels (D1 through D5), each requiring a combination of education, on-the-job experience, and successful completion of state-administered examinations. Higher-level certifications (D2-D5) demand progressively greater experience and technical expertise; presenting recruitment challenges as qualified candidates often seek employment in municipalities or private utilities that offer more competitive compensation packages.

Water Quality Division
This Division ensures compliance with Federal and State requirements through routine water sampling, regulatory reporting, and managing the City’s Supervisory Control and Data Acquisition (SCADA) system, which monitors well operations and system pressures in real-time.

Key Responsibilities:
▪ Collect 90-120 bacteriological samples per month
▪ Perform quarterly sampling at wells and EPA-mandated special sampling ▪ Compile and submit monthly, quarterly, and annual reports to the State ▪ Oversee chlorine generation at each well site for regulatory compliance 2024 Water Quality Statistics:
▪ 954 Bacteriological samples collected
▪ 3,046,141,000 gallons of water produced
▪ Wells sampled quarterly for Safe Drinking Water Act (SDWA) compliance ▪ 29 regulatory reports submitted
Staffing includes two full-time Water Quality Specialists. Increased regulatory monitoring and reporting may necessitate additional staffing in the future.

Water Conservation Division
This Division ensures compliance with State and City water conservation regulations, manages water meter readings, and handles customer inquiries related to water conservation.

Responsibilities include:
▪ Reading manual water meters (517 commercial meters read monthly) ▪ Troubleshooting meter issues
▪ Programming newly installed meters
▪ Terminating water service for delinquent accounts
▪ Enforcing water conservation regulations
It should be noted that while there are approximately 300 unmetered accounts, the City has 517 meters that are read monthly. Ideally, all meters would be remotely read, reducing the reliance on manual reads. In 2024, accomplished the following:
▪ 5,784 meters read
▪ 175 meter issues resolved, including programming and repair or replacement of endpoints and registers
▪ 760 customer interactions, including complaints, enforcement, and conservation efforts The Division currently has one Water Conservation Specialist. In 2024, a capital improvement project converted 70 meters to remote read, leaving 447 meters still requiring manual reading each month.

FINANCIAL IMPACT:

The Water Division operates as an Enterprise Fund. Thus, it is self-sustaining and funded entirely by revenues generated from water service charges rather than the City’s General Fund. While the City has been successful in receiving some grants and allocated over $6 million in American Rescue Plan Act (ARPA) funds, costs to operate the water system and meet regulatory requirements is steadily increasing. Moreover, increases in operational costs, including personnel, energy, and material costs, directly impact water rates. As infrastructure ages and operational costs rise, periodic adjustments to water rates are necessary to ensure the continued reliability and sustainability of the system.

Not surprisingly, water rates are a sensitive issue. Any proposed rate adjustments must adhere to the requirements of Proposition 218: a California constitutional amendment that governs the process for increasing property-related fees, including water service charges. Under Proposition 218, public agencies must provide a detailed cost analysis, notify affected ratepayers, and offer an opportunity for public protest before implementing rate changes. This process ensures transparency and accountability while balancing the need for financial sustainability and equitable service delivery.

ATTACHMENTS:

1. Water Usage and Population in the City since 2000
0 10,000
20,000
30,000
40,000
50,000
60,000
70,000
-
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
City Population
Acre Feet of Water
Year
Water Usage and Population in City since 2000
Acre Feet Population

REPORT TO CITY COUNCIL
Approved by: Council Meeting of: March 19, 2025
___________________________________ Agenda Number: _______ Michael Lima, Director of Financial Services
___________________________________
Arnoldo Rodriguez, City Manager
SUBJECT:

Audited Comprehensive Financial Statements for the Fiscal Year ended June 30, 2024 RECOMMENDATION:

Accept of Audited Comprehensive Financial Statements (ACFR) for Fiscal Year 2023/2024 DISCUSSION:

The City of Madera's (City) Financial Statements for the Fiscal Year ended on June 30, 2024 have been prepared. Under State law, a local agency (in this case, the City) must prepare financial statements and have them audited by an independent accounting firm. The City has chosen to present their financial statements in the form of an ACFR. An ACFR contains additional financial information and context beyond what the basic financial statements present. The City’s Fiscal Year 2023/24 ACFR was audited by The Pun Group Accountants and Advisors (The Pun Group).

Single Audit
In accordance with the Single Audit Act of 1984 and the provisions of the U.S. Office of Management and Budget (0MB) Circular A-133, the City is required to have an independent firm audit their Financial Statements whenever $750,000 in Federal grants are received for any Fiscal Year. The audit must follow Generally Accepted Auditing Standards as set forth by the American Institute of Certified Public Accountants and comply with the standards for financial audits set forth in the U.S. General Accounting Office's Governments Auditing Standards (1994). The audit for Fiscal Year ended June 30, 2024 complies with all the provisions and standards previously stated. Additionally, the City's Financial Statements have been found to be in conformity with Generally Accepted Accounting Principles. The Pun Group is still working on the Single Audit as of the date of this staff report. Consequently, only the City's Financial Statements will be presented at this meeting. However, the Single Audit will be completed by March 31, 2025.

E-3
Audit Results
The Pun Group issued an Unmodified Opinion, otherwise known as a “clean opinion”, for the City’s Fiscal Year 2023/24 financial statements.

A copy of the Fiscal Year 2023/24 ACFR will be posted on the City's website.

FINANCIAL IMPACT:

The ACFR is a report that shows the City’s financial results for the fiscal year ending June 30, 2024.

In itself, the report does not have any financial impact. However, the production of the ACFR does satisfy legal requirements to produce financial statements. If those requirements are not fulfilled, the City could be subject to legal action. Additionally, the City’s bonds require annual production of audited financial statements as a condition of bond issuance. Thus, by not issuing audited financial statements, the City would risk default on their outstanding bonds, which could result in the immediate repayment of all outstanding principal on those bonds.

This agreement does not include staff time and is intended to ensure a thorough and professional review of our financial records. The PUN Group will be paid $56,238 for the preparation of the ACFR and other Fiscal Year 2023/24 financial reports.

ALTERNATIVES:

Council could delay acceptance of the City's ACFR, which could potentially jeopardize the City's financial credibility.

ATTACHMENTS:

1. City of Madera Annual Comprehensive Financial Report for the Year Ended June 30, 2024

DEPARTMENT OF FINANCE
MADERA CITY HALL • 205 W. 4TH STREET • MADERA, CA 93637 • MADERA.GOV

ANNUAL COMPREHENSIVE
FOR THE YEAR ENDED JUNE 30, 2024

FINANCIAL REPORT

City of Madera
Madera, California
Annual Comprehensive Financial Report
For the Year Ended June 30, 2024
Prepared by
Finance Department

City of Madera
Annual Comprehensive Financial Report
For the Year Ended June 30, 2024
Table of Contents
i
Page
INTRODUCTORY SECTION (Unaudited)
Table of Contents ........................................................................................................................................................ i Letter of Transmittal ................................................................................................................................................... v Principal Officials ................................................................................................................................................... viii Organization Chart .................................................................................................................................................... ix GFOA Certificate of Achievement ............................................................................................................................. x

FINANCIAL SECTION
Independent Auditors’ Report ................................................................................................................................ 1 Management’s Discussion and Analysis (Unaudited) ........................................................................................... 5 Basic Financial Statements:

Government-Wide Financial Statements:

Statement of Net Position ............................................................................................................................ 24 Statement of Activities ................................................................................................................................ 26 Fund Financial Statements:

Governmental Funds Financial Statements:

Balance Sheet ........................................................................................................................................ 32 Reconciliation of the Governmental Funds Balance Sheet
to the Government-Wide Statement of Net Position ...................................................................... 35 Statement of Revenues, Expenditures, and Changes in Fund Balances ............................................... 36 Reconciliation of the Governmental Funds Statement of Revenues, Expenditures, and Changes in Fund Balances to the Government-Wide Statement of Activities and Changes in Net Position ..................................................................... 38 Proprietary Funds Financial Statements:

Statement of Net Position ..................................................................................................................... 40 Statement of Revenues, Expenses and Changes in Net Position .......................................................... 42 Statement of Cash Flows ...................................................................................................................... 44 Fiduciary Funds Financial Statements:

Statement of Fiduciary Net Position ..................................................................................................... 49 Statement of Changes in Fiduciary Net Position .................................................................................. 50 Notes to the Basic Financial Statements ........................................................................................................ 57 City of Madera
Annual Comprehensive Financial Report
For the Year Ended June 30, 2024
Table of Contents (Continued)
ii
Page
FINANCIAL SECTION (Continued)
Required Supplementary Information (Unaudited):

Budgetary Information ..................................................................................................................................... 127 Budgetary Comparison Schedules:

General Fund ............................................................................................................................................. 128 General Development Impact Fee Special Revenue Fund ........................................................................ 129 Measure “T” Sales Tax Special Revenue Fund ......................................................................................... 130 Schedule of Changes in the Net Pension Liability and Related Ratios ............................................................ 131 Schedule of the City’s Proportionate Share of the Net Pension Liability and Related Ratios ......................... 132 Schedules of Contributions - Pensions ............................................................................................................ 134 Schedule of Changes in Total OPEB Liability and Related Ratios ................................................................. 137 Supplementary Information:

Non-Major Governmental Funds:

Combining Balance Sheet ......................................................................................................................... 143 Combining Statement of Revenues, Expenditures, and Changes in Fund Balances ................................................................................................................................. 148 Budgetary Comparison Schedules:

Special Gas Tax Special Revenue Fund ............................................................................................. 153 Business Improvement District Special Revenue Fund ...................................................................... 154 Parking Development Special Revenue Fund ..................................................................................... 155 Parking District Special Revenue Fund .............................................................................................. 156 Federal Aid Urban Special Revenue Fund .......................................................................................... 157 Street Construction Special Revenue Fund ......................................................................................... 158 Landscape Assessment Special Revenue Fund ................................................................................... 159 Supplemental Law Enforcement Special Revenue Fund .................................................................... 160 Intermodal Building Special Revenue Fund ....................................................................................... 161 Economic Development Special Revenue Fund ................................................................................. 162 Residential Rehab Special Revenue Fund .......................................................................................... 163 Low and Moderate Income Housing Special Revenue Fund .............................................................. 164 Community Facilities District Special Revenue Fund ........................................................................ 165 Non-Major Enterprise Funds:

Combining Statement of Net Position ....................................................................................................... 168 Combining Statement of Revenues, Expenses, and Changes in Net Position ........................................... 169 Combining Statement of Cash Flows ........................................................................................................ 170 City of Madera
Annual Comprehensive Financial Report
For the Year Ended June 30, 2024
Table of Contents (Continued)
iii
Page
FINANCIAL SECTION (Continued)
Supplementary Information (Continued):

Internal Service Funds:

Combining Statement of Net Position ....................................................................................................... 174 Combining Statement of Revenues, Expenses, and Changes in Net Position ........................................... 175 Combining Statement of Cash Flows ........................................................................................................ 176 Custodial Funds:

Combining Statement of Fiduciary Net Position ....................................................................................... 181 Combining Statement of Changes in Fiduciary Net Position .................................................................... 182 STATISTICAL SECTION (Unaudited)
Table of Contents ................................................................................................................................................... 185 Financial Trends:

Net Position by Component – Last Ten Fiscal Years ...................................................................................... 186 Changes in Net Position – Last Ten Fiscal Years ............................................................................................ 188 Fund Balances of Governmental Funds – Last Ten Fiscal Years .................................................................... 192 Changes in Fund Balances of Governmental Funds – Last Ten Fiscal Years ................................................. 194 Revenue Capacity:

Governmental Activities Tax Revenues by Source – Last Ten Fiscal Years .................................................. 197 Assessed Value of Taxable Property – Last Ten Fiscal Years......................................................................... 198 Property Tax Levies and Collections – Last Ten Fiscal Years ........................................................................ 200 Direct and Overlapping Property Tax Rates – Last Ten Fiscal Years ............................................................. 201 Top Ten Principal Property Taxpayers – Fiscal Year 2024 and Ten Years Prior ............................................ 203 Debt Capacity:

Ratios of Outstanding Debt by Type – Last Ten Fiscal Years ......................................................................... 204 Ratios of General Bonded Debt Outstanding – Last Ten Fiscal Years ............................................................ 206 Direct and Overlapping Governmental Activities Debt ................................................................................... 207 Legal Debt Margin Information – Last Ten Fiscal Years ................................................................................ 208 Pledged Revenue Coverage – Last Ten Fiscal Years ...................................................................................... 210 Demographic and Economic Information:

Demographic and Economic Statistics – Last Ten Fiscal Years ..................................................................... 212 Principal Employers – Fiscal Year 2024 and Ten Years Prior ........................................................................ 213

Operating Information:

Full - Time Equivalent City Government Employees by Function/Program – Last Ten Fiscal Years ............ 215 Operating Indicators by Function Program – Last Ten Fiscal Years ............................................................... 216 Capital Asset Statistics by Function/Program – Last Ten Fiscal Years ........................................................... 218 iv
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v
March 13, 2025
Honorable Mayor and Members of the City Council,
City of Madera, California
Financial Services Department
It is with pleasure that I present to you the City of Madera Annual Comprehensive Financial Report (ACFR) for Fiscal Year 2023/2024.

State law requires local governments to prepare a complete set of audited financial statements. This report is published to fulfill that requirement for the fiscal year ending June 30, 2024. This ACFR was prepared by the City of Madera's (City) Finance Department, which assumes responsibility for both the accuracy of the presented data and the completeness and fairness of the presentation, including disclosures.

The existing comprehensive structure of internal accounting controls in the City provides reasonable assurance that the financial statements are free of any material misstatements. Since the cost of internal control should not exceed anticipated benefits, the objective is to provide reasonable, rather than absolute, assurance that the financial statements are free of any material misstatements. The City recognizes that even sound internal controls have inherent limitations.

The City believes its internal controls adequately safeguard assets, that the reported data is accurate in all material respects, and that its presentation fairly depicts the City’s financial position and changes in its financial position as measured by the financial activity of its various funds.

The accompanying financial statements of the City have been prepared in conformity with generally accepted accounting principles (GAAP) in the United States of America as prescribed by the Governmental Account Standards Board (GASB).

GAAP requires that management provide a narrative introduction, overview, and analysis to accompany the basic financial statements in the form of Management's Discussion and Analysis (MD&A). This letter of transmittal is designed to complement the MD&A and should be read in conjunction with it. The MD&A offers a more detailed discussion about the economic condition of the City, fund balance analysis and other management goals and achievements. The City's MD&A can be found immediately following the report of the independent auditors.

The City's financial statements have been audited by The Pun Group LLP. The goal of the independent audit was to provide reasonable assurance that the financial statements of the City for the fiscal year ended June 30, 2024 are free of material misstatement. The independent audit involved examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements; assessing the accounting principles used and significant estimates made by management; and evaluating the overall financial statement presentation. The independent auditor concluded, based upon the audit, that there was reasonable basis for the rendering of an unmodified opinion that the City of Madera's financial statements for Fiscal Year 2023/2024 are fairly presented in conformity with GAAP. The independent auditors’ report is presented as the first component of this ACFR’s financial section.

The independent audit of the City’s financial statements was part of a broader, federally mandated "Single Audit" designed to meet the special needs of federal grantor agencies. The standards governing Single Audit engagements require the independent auditor to report not only on the fair presentation of the financial statements, but also on the emphasis on internal controls and legal requirements involving the administration of federal awards. These reports are presented in a separately issued report: the Single Audit and Independent Auditors' Reports.

Madera City Hall, 205 W 4th Street, Madera, CA 93637
PHONE: (559) 661-5400 • www.madera.gov
vi
Government Profile
The City was incorporated on March 27, 1907, as a general law city. The City Council is comprised of six members who are elected by district, plus a Mayor who is elected at large. The Council Members and the Mayor are elected to alternating four-year terms staggered every two years. The City Council is responsible for making policy, passing ordinances, adopting the budget, appointing committees, and hiring the City Manager, the City Attorney and the City Clerk. The City Manager is responsible for carrying out the ordinances and policies of the City Council and overseeing operations. All other department heads are appointed by the City Manager.

Madera is in the center of California and is the county seat of Madera County. The City is part of the Madera/Chowchilla Metropolitan Area, which includes City of Madera, City of Chowchilla and developed areas of Madera County. The City has approximate population of 66,000 and its boundaries encompass 16.5 square miles.

Madera is also within proximity to cherished natural attractions such as Yosemite National Park, the Sierra Nevada Mountains and the Pacific Ocean coastline.

The City provides a full range of services that include public safety, public works, recreational and community services, community development and general administrative services. The City also operates a municipal golf course, water and wastewater utilities, as well as a general aviation airport.

Component units are legally separate entities for which the nature and significance of their relations with the City are such that exclusion would cause the financial statements to be misleading or incomplete. Accordingly, the Housing Authority of the City of Madera is reported as a component unit in the City's financial statements.

Local economy and City finances
The Madera economy showed signs of continued growth during Fiscal Year 2023/24. Continued development in both the residential and the commercial sectors resulted in a record property assessed valuation of $4.5 billion: up $400 million from Fiscal Year 2022/23. The City’s finances reflected the growth that was shown throughout the Madera economy. Among the financial highlights that the City experienced in Fiscal Year 2023/24 were:
• Mirroring the growth in assessed valuation, the City received a record amount of property tax revenue.

Property tax revenue was $15.3 million: $1.5 million (10.9%) above the property tax received in Fiscal Year 2022/23. Management believes that property tax revenue will continue to grow with the addition of several new developments within Madera.
• Sales tax revenues were up $0.1 million (0.5%) from Fiscal Year 2022/23’s total of $19.3 million. A slowdown in the retail economy was offset by the addition of several new businesses to Madera, including Smart & Final, Ross, and In-N-Out. Management believes that sales tax revenue will continue to be flat in FY 2024/25 due to conditions in the overall retail and wholesale economy. • The City’s total Net Position ended the fiscal year at a record $376.6 million: up 7.0% from Fiscal Year 2023/24’s total Net Position of $351.8 million. It is particularly noteworthy that both Governmental and Business Type activities had positive Net Positions at the end of the fiscal year. • The City recorded $183.2 million of Cash and Investments in Fiscal Year 2023/24. That figure was up by $15.6 million (9.3%) over Fiscal Year 2022/23’s figure of $167.6 million. This growth in cash is even more impressive considering the City spent during the fiscal year $6.6 million of its American Rescue Plan Act (ARPA) allocation received from the Federal Government for future Water Fund and Sewer Fund capital work.

Overall actual revenues were generally in line with the budgeted amounts. Actual sales tax and property tax revenues came in higher than budgeted projected as of June 30, 2024. Actual expenditures were significantly below appropriations.

Agriculture has been the mainstay of the local economy. Government also represents a growing part of the economy.

Major employers in the City include Madera Unified School District, County of Madera, City of Madera and the State of California. Major retail employers include Walmart, Lowe's and Home Depot. The City of Madera's unemployment rate has slightly increased over the fiscal year: going from 7.4% in June 2023 to 7.5% in June 2024.

Madera City Hall, 205 W 4th Street, Madera, CA 93637
PHONE: (559) 661-5400 • www.madera.gov
The City maintains extensive budgetary controls. The objective of these controls is to ensure compliance with legal provisions embodied in the annual appropriated budget adopted by the City Council. For the 2023/24 Fiscal Year, activities for the General, special revenue, debt service, enterprise, and capital project funds were included in the annual appropriated budget.

The level of budgetary control, i.e. the level where the expenditures cannot legally exceed the appropriated amount, is maintained at the fund level for all funds. The City also maintains an encumbrance accounting system as a method of maintaining budgetary control. Outstanding encumbrances at year-end are evaluated and, if deemed necessary by the City Manager, are carried forward as part of the following year's budget.

Long-term financial planning
The City maintains a five-year Capital Improvement Plan, which is updated annually. This plan includes major ongoing maintenance and rehabilitation costs to existing capital assets (land, land improvements, infrastructure, and equipment), as well as the costs of new facilities and improvements.

Budget policies require that budgets be balanced, and ongoing costs shall not exceed current revenues plus available fund balance that exceeds reserve fund requirements. The City is continuously monitoring economic conditions and will adjust the budget as necessary as economic conditions change.

The City maintains a General Fund Economic Stabilization Reserve at a level of at least 30% of the General Fund operating expenditures in order to protect essential service programs and funding requirements during periods of economic downturn or other unforeseen major costs not covered by the Stabilization Reserve. The balance in the reserve was $12.9 million as of the end of Fiscal Year 2023/24. In addition, separate reserve funds have been established in the Measure K Fund for economic stabilization for the Fire and Police Departments. Each year $130,000 is added to each of the reserves until they reach the level of 30% of expenditures. Currently, each Economic Stabilization Fund had a $0.9 million balance at the end of Fiscal Year 2023/24. Additionally, the Fire Department has established a fire vehicle replacement reserve. The intent was to add $200,000 each year when the reserve was established. The funding amount was increased to $490,000 in Fiscal Year 2022/23. It had a balance of $1,228,540 as of the end of the 2023/24 Fiscal Year.

To finance Madera’s current and future growth, the City has in place a variety of user and developer fees to pay for streets, parks, sewer lines, water lines and wells. The City reviews these fees periodically to ensure that the fee structure is in line with the cost of construction. The City is currently in the middle of a five-year rate program for Water, Sewer and Solid Waste services, which calls for increasing rates to keep up with the rising cost of providing these services.

Cash Management
The City of Madera's investment policy prioritizes safety, liquidity and then yield on the City's investment. The highest priority of cash management and investments is to ensure adequate funds are available to meet the City of Madera's obligations and all investments are in safe instruments. Yield, while important, is considered the third priority after safety and liquidity. The City invests in various governmental and corporate bonds, certificates of deposit, money market accounts, and the Local Agency Investment Fund (LAIF) operated by the State of California for the benefit of local governments. Bond proceeds, debt service monies, and debt service reserves are invested according to the bond covenants of each bond issue. The City saw a significant increase in its Investment Income: going from $1.6 million in Fiscal Year 2022/23 to $7.1 million in Fiscal Year 2023/24.

Acknowledgments
I would like to extend my thanks to the City Council for their interest in and suggestions for the financial reporting of the City. The preparation of the ACFR could not have been accomplished without the efforts and dedication of the City’s Finance Department staff. I extend my appreciation to my staff and other personnel from various departments, agencies and authorities who assisted in the preparation of this report.

Respectfully submitted,
Michael Lima
Director of Financial Services
Madera City Hall, 205 W 4th Street, Madera, CA 93637
PHONE: (559) 661-5400 • www.madera.gov
Respectfully submitted,
Mi h l Li
vii
City Council Members
Santos Garcia, Mayor
Cece Gallegos, Mayor Pro Tem (D1)
Jose Rodriguez, Councilmember (D2)
Steve Montes, Councilmember (D3)
Anita Evans, Councilmember (D4)
Elsa Mejia, Councilmember (D5)
Artemio Villegas, Councilmember (D6)
Executive Management
Arnoldo Rodriguez, City Manager
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Alicia Gonzales, City Clerk
Department Directors
Michael Lima, Director of Financial Services
Will Tackett, Director of Community Services
Vacant, Planning Manager
Gino Chiaramonte, Police Chief
Ismael Hernandez, Public Works Operations Director
Joseph Hebert, Director of Parks & Community Services
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Keith Helmuth, City Engineer
Wendy Silva, Director of Human Resources
Gary Price, Director of Information Technology
Financial Budget Support Staff
Richard Gracia II, Administrative Analyst
Anthony Forestiere, Financial Services Manager
Joseph Carrello, Communications Specialist
Cleona Young, Accountant II
Lyann Huang, Accountant II
viii
Organizational Chart
Residents
City
Council
Successor
Agency City Clerk City Manager
City
Attorney
(Contract)
Parks Community
Development
Human
Resources
Information
Systems Police Fire
(Cal-Fire) Finance
Engineering Public Works
Building Planning
Code
Enforcement Grants
City of Madera
ix
Government Finance Officers Association
Certificate of
Achievement
for Excellence
in Financial
Reporting
Presented to
City of Madera
California
For its Annual Comprehensive
Financial Report
For the Fiscal Year Ended
June 30, 2023
Executive Director/CEO
x
200 E. Sandpointe Avenue, Suite 600
Santa Ana, &aOiIoUnia 92707 INDEPENDENT AUDITORS’ REPORT To the Honorable Mayor and Members
of the City Council of the City of Madera
Madera, California
Report on the Audit of the Financial Statements
Opinions
We have audited the accompanying financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information, of the City of Madera, California (the “City”), as of and for the year ended June 30, 2024, and the related notes to the basic financial statements, which collectively comprise the City’s basic financial statements as listed in the table of contents.

In our opinion, based on our audit and the report of other auditors, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, the business-type activities, the aggregate discretely presented component unit, each major fund, and the aggregate remaining fund information, of the City, as of June 30, 2024, and the respective changes in financial position and, where applicable, cash flows thereof for the year then ended in accordance with accounting principles generally accepted in the United States of America.

We did not audit the financial statements of the Housing Authority of the City of Madera (the “Authority”), which represent 100% of the assets, net position, and revenues, respectively, of the aggregate discretely presented component unit as of June 30, 2024, and the respective changes in financial position, the year then ended. Those statements were audited by other auditors whose report has been furnished to us, and our opinion, insofar as it relates to the amounts included for the Authority, is based solely on the report of the other auditors.

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

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

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

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

2 Auditors’ Responsibilities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors’ report that includes our opinions.

Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements.

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

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

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

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

3 Supplementary Information
Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the City’s basic financial statements. The Combining and Individual Fund Financial Statements and Budgetary Comparison Schedules are presented for purposes of additional analysis and are not a required part of the basic financial statements.

Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the basic financial statements. The information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with GAAS. In our opinion, the Combining and Individual Fund Financial Statements and Budgetary Comparison Schedules are fairly stated, in all material respects, in relation to the basic financial statements as a whole.

Other Information
Management is responsible for the other information included in the annual report. The other information comprises the Introductory and Statistical Sections but does not include the basic financial statements and our auditors’ report thereon. Our opinions on the basic financial statements do not cover the other information, and we do not express an opinion or any form of assurance thereon.

In connection with our audit of the basic financial statements, our responsibility is to read the other information and consider whether a material inconsistency exists between the other information and the basic financial statements, or the other information otherwise appears to be materially misstated. If, based on the work performed, we conclude that an uncorrected material misstatement of the other information exists, we are required to describe it in our report.

Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated March 13, 2025, 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.

Santa Ana, California
March 13, 2025
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City of Madera
Management’s Discussion and Analysis (Unaudited)
For the Year Ended June 30, 2024
5 This narrative overview of the City of Madera's (City) financial performance provides an analysis of the City's financial activities for the fiscal year ended June 30, 2024. Please read it in conjunction with the accompanying basic financial statements and the accompanying notes to those financial statements.

Financial Highlights
 The City's government-wide total assets and deferred outflows of resources exceeded total liabilities and deferred inflows of resources at the close of the fiscal year by $376.6 million. Of this amount, $73.7 million is in unrestricted net position and available to meet the City's ongoing commitments to citizens and creditors. In addition, the City’s restricted net position totals $60.0 million and is dedicated to specific purposes. Lastly, net position of $242.8 million is the City’s net investment in capital assets.  The City’s total net position increased by $24.8 million or 7.0% during Fiscal Year 2023-24 to $376.6 million from $351.8 million.
 The City’s overall cash position grew from $162.5 million in Fiscal Year 2022/23 to $178.6 million in Fiscal Year 2023/24: a $16.1 million (9.9%) increase. Significant increases in investment earnings and other revenue sources contributed to the overall increase in cash.
 Current Liabilities for the City dropped from $41.3 million in Fiscal Year 2022/23 to $32.1 million in Fiscal Year 2023/24. The $9.1 million (6.8%) decrease in current liabilities was driven by sharp declines in Unearned Revenue and Accounts Payable.
 Net Pension Liability increased by $1.6 million, or 2.9%, during Fiscal Year 2023-24 to $57.8 million. Deferred Outflows of Resources - Pensions decreased by $1.8 million, or 9.3%, and Deferred Inflows of Resources - Pensions decreased by $0.7 million, or 68.9%. The Net Pension Liability is based on an Actuarial Valuation using a discount rate of 6.9%, which was unchanged from the prior fiscal year.

Overview of the Financial Statements
This annual report consists of a series of financial statements. These statements include all activities of the City of Madera, using the integrated approach as prescribed by GASB Statement No. 34. The Statement of Net Position and Statement of Activities provide information about the activities of the City as a whole and present a longer-term view of the City's finances. Fund financial statements tell how these services are financed in the short term as well as what remains for future spending. Fund financial statements also report the City's operations in more detail than the government-wide statements by providing information about the City's most significant funds. The remaining statements provide financial information about activities for which the City acts solely as a trustee or agent for the benefit of those outside the Government.

City of Madera
Management’s Discussion and Analysis (Unaudited) (Continued) For the Year Ended June 30, 2024
6 Reporting the City as a Whole
Government-wide financial statements. The government-wide financial statements are designed to provide readers with a broad overview of the City's finances. These statements include all assets and liabilities of the City using the accrual basis of accounting, which is like the accounting method used by most private sector companies. All the current year's revenues and expenses are considered regardless of when cash is received or paid out.

The statement of net position presents information on all the City's assets, deferred outflows, liabilities, and deferred inflows of resources, with the difference between the two reported as net position. Over time, increases or decreases in net position may serve as one indicator of whether the City's financial position is improving or deteriorating.

The statement of activities presents information showing how the City's net position changed in the most recent fiscal year. All changes of net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported on this statement for some items that will result in cash flows in future fiscal periods (e.g., earned but unused vacation leave).

The government-wide financial statements of the City are divided as follows:

Governmental Activities: Most of the City's basic services are included here such as public safety, transportation (street and roads), community development, culture and recreation and general government. These services are primarily financed by property and sales taxes and federal and state grants.

Business-type Activities: The City charges fees to customers to cover the costs of services provided. The City's utilities, water, sewer, community sanitation (refuse and street cleaning), golf course, and airport, as well as public transit services are included here.

Fund financial statements. The fund financial statements provide more detailed information about the City's most significant funds, not the City as a whole. A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. Some funds are required to be established by State Law or by bond covenants. Management establishes other funds to control and manage money for a particular purpose or to show the City is meeting legal responsibilities for using certain taxes, grants, and other money. All the funds of the City can be classified into three categories: governmental, proprietary, and fiduciary funds.

Governmental funds. Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike government-wide financial statements, governmental fund financial statements focus on the near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. These funds are reported using an accounting method called modified accrual accounting, which measures cash and all other financial assets that can readily be converted to cash. Such information is useful in evaluating a government’s near-term financing requirement.

Because the focus of the governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for the governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the government's near-term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances provide reconciliations between governmental funds and governmental activities. This reconciliation explains the relationship (or differences) between the fund statements and the government- wide statements.

City of Madera
Management’s Discussion and Analysis (Unaudited) (Continued) For the Year Ended June 30, 2024
7 The City of Madera maintains nineteen individual governmental funds. Information is presented separately in the governmental funds balance sheet and in the governmental funds statement of revenues, expenditures, and changes in fund balances for the General Fund, General Development Impact Fee Fund, Measure T Sales Tax Fund and American Rescue Plan Act Fund; all of which are major funds. Data from the other sixteen funds are combined into a single aggregated presentation.

Individual fund data for each of these non-major governmental funds is provided in the form of combining statements elsewhere in this report.

The City adopts an annual appropriated budget for the General Fund. A budgetary comparison statement has been provided for the General Fund to demonstrate compliance with this budget.

Proprietary funds. The City has two different types of proprietary funds, enterprise funds and internal service funds.

Enterprise funds are used to report the same functions presented as business-type activities in the government-wide financial statements. The City utilizes enterprise funds to account for those activities that are supported primarily by user charges to external users, and includes community sanitation, sewer disposal, water utilities and transit services.

Internal service funds are used to account for activities that are supported by user charges primarily to the City's other programs and activities and include fleet management, facility maintenance, and computer replacement. Because all these services predominantly benefit governmental rather than business-type functions, they have been included within governmental activities in the government-wide financial statements.

Proprietary funds provide the same type of information as the government-wide financial statements, only in more detail. The proprietary fund financial statements provide separate information for Water, Sewer, Solid Waste, and Drainage Operations funds since they are all major funds. Individual fund data for each of these non-major enterprise funds is provided in the form of combining statements elsewhere in this report. All the internal service funds are combined into a single, aggregated presentation in the fund financial statements. Individual fund data for the internal service funds is provided in the form of combining statements elsewhere in this report.

Fiduciary funds. Fiduciary funds are used to account for resources held for the benefits of parties outside the City.

Fiduciary funds are not reflected in the government-wide financial statements because the City cannot use these funds to finance its operations.

Notes to the basic financial statements. The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund statements.

Required Supplementary Information. In addition to the basic financial statements and accompanying notes, this report includes certain required supplementary information concerning the City’s progress in funding its obligation to provide pension benefits and other post-employment benefits to its employees, and budgetary comparison schedules.

Individual Fund Statements. Individual fund statements in connection with non-major governmental and enterprise funds are presented immediately after the required supplementary information in this report.

City of Madera
Management’s Discussion and Analysis (Unaudited) (Continued) For the Year Ended June 30, 2024
8 Government-wide Financial Analysis
Below is a table showing the City's net position for the fiscal year ended June 30, 2024, with comparative data for the fiscal year ended June 30, 2023.
2024 2023 2024 2023 2024 2023
Assets:

Current and other assets $ 133,109,077 $ 132,792,004 $ 78,278,215 $ 63,141,475 $ 211,387,292 $ 195,933,479 Capital Assets 190,728,744 193,451,488 103,791,675 101,019,583 294,520,419 294,471,071 Total assets 323,837,821 326,243,492 182,069,890 164,161,058 505,907,711 490,404,550 Deferred outflows of resources 16,190,554 17,456,880 2,812,859 3,399,723 19,003,413 20,856,603 Liabilities:

Current and other liabilities 21,937,113 31,531,008 10,129,024 9,791,906 32,066,137 41,322,914 Noncurrent liabilities 71,227,880 70,689,431 42,778,974 44,668,508 114,006,854 115,357,939 Total liabilities 93,164,993 102,220,439 52,907,998 54,460,414 146,072,991 156,680,853 Deferred inflows of resources 879,285 1,435,081 1,374,154 1,322,894 2,253,439 2,757,975 Net position:

Net investment in capital assets 172,147,075 173,636,768 70,690,021 65,561,102 242,837,096 239,197,870 Restricted 58,005,517 50,277,926 2,057,640 2,579,539 60,063,157 52,857,465 Unrestricted 15,831,505 16,130,158 57,852,936 43,636,832 73,684,441 59,766,990 Total net position $ 245,984,097 $ 240,044,852 $ 130,600,597 $ 111,777,473 $ 376,584,694 $ 351,822,325 Governmental
Activities
Business-Type
Activities Total
As of June 30, 2024, the City's government-wide total assets and deferred outflows of resources exceeded liabilities and deferred inflows of resources by $376.6 million. Governmental activities finished the year with a positive net position balance of $246.0 million, an increase of $5.9 million, or 2.4% compared to Fiscal Year 2022/23. Business-type activities finished the year with a positive balance of $130.6 million, an increase of $18.8 million, or 16.8%, compared to Fiscal Year 2022/23. Net position, as noted earlier, may serve over time as a useful indicator of the City's financial position. Of the Total Net Position, $242.8 million (64.5%) is the City's net investment in capital assets (e.g., land, buildings and improvements, machinery and equipment and the road network) less any related debt used to acquire those assets that is still outstanding.

The increase in Total Net Position of $24.7 million is broken down as follows:
 City's Net Investment in Capital Assets increased by $3.6 million.  Restricted Net Position increased by $7.2 million.
 Unrestricted Net Position increased by $13.9 million.

The increase in net investment in capital assets is primarily due to a decrease in capital-related debt of $3.6 million. The increase to restricted net position represents the change in resources for public works and transportation (increased by $3.8 million), capital projects (increased by $3.3 million), law enforcement (increase by $1.0 million) and community development (decreased by $0.7 million) compared to the prior fiscal year.

Restricted Net Position represents $60.1 million (15.9%) of the total net position. Restricted net position represents those resources that are subject to external restrictions on how they may be used. These restrictions are established by bond covenants or restrictions on the use of funds are set forth by state or federal regulations.

City of Madera
Management’s Discussion and Analysis (Unaudited) (Continued) For the Year Ended June 30, 2024
9 Unrestricted Net Position represents those resources which may be used to meet the City's ongoing commitments to citizens and creditors. Government-wide Unrestricted Net Position represents $73.7 million (19.6%) of the total net position, which is an increase of $13.9 million (23.3%) from the previous fiscal year. All of the overall increase in Unrestricted Net Position came from Business-type activities, which increased by $14.2 million (32.6%) compared to last fiscal year. Business-type activities finished the fiscal year with $57.8 million of the $73.7 million total Unrestricted Net Position.

The following table indicates the changes in net position for governmental and business-type activities:
2024 2023 2024 2023 2024 2023
Revenues:

Program revenues:

Charges for services $ 5,832,599 $ 8,391,024 $ 41,165,639 $ 36,233,172 $ 46,998,238 $ 44,624,196 Operating grants and contributions 12,364,099 12,319,312 135,687 - 12,499,786 12,319,312 Capital grants and contributions 7,661,773 1,857,783 2,586,603 1,060,762 10,248,376 2,918,545 Total program revenues 25,858,471 22,568,119 43,887,929 37,293,934 69,746,400 59,862,053 General revenues:

Property taxes 15,005,070 13,505,386 324,924 258,727 15,329,994 13,764,113 Sales and use taxes 19,360,846 19,291,534 - - 19,360,846 19,291,534 Franchise taxes 818,740 841,540 - - 818,740 841,540
Other taxes 2,506,305 2,281,598 - - 2,506,305 2,281,598 Total taxes 37,690,961 35,920,058 324,924 258,727 38,015,885 36,178,785 Investment earnings 3,785,488 959,461 3,264,842 679,254 7,050,330 1,638,715 Gain (loss) on sale of capital assets - - - 52,605 - 52,605 Miscellaneous 1,063,760 980,194 2,236,529 1,035,824 3,300,289 2,016,018 Total general revenues and transfers 42,540,209 37,859,713 5,826,295 1,767,683 48,366,504 39,886,123 Total revenues 68,398,680 60,427,832 49,714,224 39,320,344 118,112,904 99,748,176 Expenses:

General government 9,944,817 8,709,507 - - 9,944,817 8,709,507 Public safety 28,100,984 19,843,489 - - 28,100,984 19,843,489 Social services 250,491 (12,583) - - 250,491 (12,583)
Public ways and facilities 6,232,346 3,690,713 - - 6,232,346 3,690,713 Community development 4,923,898 4,195,329 - - 4,923,898 4,195,329 Culture and recreation 6,213,201 4,670,551 - - 6,213,201 4,670,551 Interest on long-term debt 607,460 643,406 - - 607,460 643,406 Water - - 9,719,879 9,595,209 9,719,879 9,595,209
Sewer - - 11,880,792 12,320,078 11,880,792 12,320,078
Solid waste - - 8,832,375 9,379,389 8,832,375 9,379,389 Drainage operations - - 1,466,632 1,241,082 1,466,632 1,241,082 Local transit - - 3,965,092 3,904,438 3,965,092 3,904,438 Golf course - - 365,238 75,993 365,238 75,993
Airport - - 847,330 1,227,634 847,330 1,227,634
Total expenses 56,273,197 41,740,412 37,077,338 37,743,823 93,350,535 79,484,235 Change in net position 12,125,483 18,687,420 12,636,886 1,576,521 24,762,369 20,263,941 Transfers (6,186,238) (1,917,609) 6,186,238 1,917,609 - - Change in net position after transfers 5,939,245 16,769,811 18,823,124 3,494,130 24,762,369 20,263,941 Increase (decrease) in net position 5,939,245 16,769,811 18,823,124 3,494,130 24,762,369 20,263,941 Net position, beginning of year 240,044,852 223,275,041 111,777,473 108,283,343 351,822,325 331,558,384 Net position, end of year $ 245,984,097 $ 240,044,852 $ 130,600,597 $ 111,777,473 $ 376,584,694 $ 351,822,325 Governmental Activities Business Type Activities Total
For the Year Ended June 30, 2024 and 2023
City of Madera
Management’s Discussion and Analysis (Unaudited) (Continued) For the Year Ended June 30, 2024
10 Governmental activities. Governmental activities account for $246.0 million, or 65.3%, of the government-wide Total Net Position: an increase of $5.9 million, or 2.5%, compared to the fiscal year ending June 30, 2023.

Total Governmental revenues for the year were $68.4 million, which is $8.0 million (13.2%) more than in Fiscal Year 2022/23.
 Capital grants and contributions increased by $5.8 million or 312.4% from the previous year due to an increase in American Rescue Plan Act fund transfers of $6.9 million offset by $0.8 million reduction in developer contributions.
 Taxes, including property, sales, franchise, and other taxes account for approximately $37.7 million, or 55.1%, of the City's governmental activities revenue. Total tax revenue increased 4.9 % ($1.8 million) from the previous fiscal year.
 Investment earnings increased by 294.5% ($2.8 million) from the previous fiscal year. The increase was primarily due to a combination of investment portfolio funds being reinvested into higher yielding investments and additional funds being added to the investment portfolio.

Total Governmental expenses for the fiscal year were $56.3 million, which is $14.5 million (34.8%) higher than in Fiscal Year 2022/23.
 General governmental expenses increased by 14.2% ($1.2 million) from the previous fiscal year due to the increase in pension liability.
 Public safety expenses increased by $8.3 million, or 41.6%, from the previous fiscal year due to increased salaries and benefits due to an increase in sworn officers hired, an additional quarterly payment to Cal Fire for Fire protection in the amount of $1.1 million, and an increase of $4.5 million in public safety pension liability.  Public ways and facilities expenses increased by $2.5 million, or 68.9%, from the previous fiscal year due to upgrading the city’s water and sewer infrastructure.
 Community development expenses increased by $0.7 million, or 17.4% from the previous year due to an increase in pension liability.
 Culture and recreation expenses increased by $1.5 million, or 33.0% from the previous year due to an increase in pension liability and additional expenditures for increased cultural and recreational activities.

City of Madera
Management’s Discussion and Analysis (Unaudited) (Continued) For the Year Ended June 30, 2024
11 Revenues by Source - Governmental Activities
Expenditures and Program Revenues - Governmental Activities (Dollars in Thousands)
City of Madera
Management’s Discussion and Analysis (Unaudited) (Continued) For the Year Ended June 30, 2024
12 Governmental program revenues that include charges for services and grants specific to certain programs account for

33.4% ($25.9 million) of the total Governmental activity revenue. The amounts necessary to fully fund the Governmental activity programs are made up of "general" revenues such as taxes, interest, and grants and contributions.

Business-type Activities. Business-type activities account for $130.6 million, or 34.7%, of the Total Government-wide Net Position: an increase of $18.8 million from the prior fiscal year. The Total Business-type Net Position is broken down as follows:
 Net Investment in Capital Assets: $70.7 million (54.1% of the total net position) - an increase of $5.1 million from Fiscal Year 2022/23.
 Restricted Net Position: $2.1 million, (1.6% of Total Net Position) - a decrease of $0.5 million from Fiscal Year 2022/23.
 Unrestricted Net Position of $57.8 million (44.3% of Total Net Position) - represents an increase of $14.2 million from Fiscal Year 2022/23.

Total Business-type revenue for the year was $49.7 million, which is $10.4 million (26.5%) more than in Fiscal Year 2022/23.

Charges for services increased by $4.9 million (13.6%) from the prior fiscal year. The City Council approved a five year rate hike plan for water, sewer, and solid waste in Fiscal Year 2022/23. Fiscal Year 2023/24 is Year 2 of the rate hikes. In addition, water meters were installed where there were previously no meters. The result of adding meters to customers where no meter was originally installed typically increases charges for services. Capital grants and contributions increased by $1.5 million (143.8%) from the prior fiscal year due to an increase in Airport capital projects.

Revenues by Source - Business-Type Activities
City of Madera
Management’s Discussion and Analysis (Unaudited) (Continued) For the Year Ended June 30, 2024
13 Expenses and Program Revenues-Business-Type Activities (Dollars in Thousands)
Included in Charges for Services are user fees relating to the water, sewer, solid waste, drainage, transit, golf course, and airport operations. Operating transit grant funds, which are the primary revenue for the Transit Fund, are included in Charges for Services.

Total Business-type expenses for the year were $37.1 million, which is $0.6 million (1.8%) less than in Fiscal Year 2022/23. The overall decrease in Business-type expenses was almost entirely caused by Solid Waste expenses, which dropped by $0.5 million (5.8%) compared to the prior fiscal year. The decrease in Solid Waste expenses was caused by the City having one fewer monthly expenditure to the contracted solid waste vendor in the current fiscal year than it had in the previous fiscal year.

City of Madera
Management’s Discussion and Analysis (Unaudited) (Continued) For the Year Ended June 30, 2024
14 Financial Analysis of the City's Funds
As noted earlier, the City uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements.

Governmental funds: Fund balance for Governmental Funds is defined in five categories: non-spendable, restricted, committed, assigned and unassigned. Non-spendable fund balances cannot be spent because they are not in spendable form. Restricted fund balances have limitations imposed externally by creditors, granters, contributors, or laws and regulations of other governments. Committed fund balances have self-imposed limitations set in place prior to the end of the period. Assigned fund balances are constrained by the City’s intent to be used for a specific purpose but are neither restricted nor committed. Unassigned fund balances are the amounts that have not been assigned to other funds or restricted, committed or assigned to a specific purpose.

City of Madera
Management’s Discussion and Analysis (Unaudited) (Continued) For the Year Ended June 30, 2024
15 Combined, the City's Governmental Funds ended the fiscal year with positive fund balances. The ending fund balance for all funds amounted to $105.4 million, $11.3 million or 12.0% more than the previous year.

Of the total fund balance, $13.3 million or 12.7% is unassigned which, within the limitations of the fund's purpose, is available for spending at the City's discretion. The remainder of the fund balance is either non-spendable, restricted, committed, or assigned to indicate that it is not in spendable form, legally required to be maintained intact, restricted for a particular purpose, committed for a particular purpose, or assigned for a particular purpose. The details of the remainder are as follows:

Total
Nonspendable
Prepaid items 78,316 $
Inventories 94,255
Total nonspendable 172,571
Restricted
Community development 12,094,267
Parking improvements 131,873
Public works and transportation 22,174,997
Special assessment project 896,996
Insurance premium reserve 4,073,298
Public protection 1,379,146
Capital projects and improvements 21,328,238
Total restricted 62,078,815
Committed
General Fund stabilization reserve 12,862,771
General plan update 50,000
Solar street light repair Installation 50,000
Measure K - Fire Protection Stabilization 910,000
Measure K - Police Protection Stabilization 910,000
Measure K - Fire Vehicle Replacement 1,228,540
Total committed 16,011,311
Assigned
Golf course capital 20,000
Debt service 1,137,839
OPEB liability 97,339
Health insurance premiums 678,500
Future annual stipend payments 325,000
Measure K - Fire Protection 7,252,385
Measure K - Police 3,408,176
Measure K - Sales Tax Refund Reserve 900,000
Total assigned 13,819,239
Unassigned 13,338,902
Total fund balances $ 105,420,838
City of Madera
Management’s Discussion and Analysis (Unaudited) (Continued) For the Year Ended June 30, 2024
16 General Fund
The General Fund is the chief operating fund of the City. As of June 30, 2024, the Total Fund Balance (including all categories) of the General Fund was $48.7 million, up $3.0 million from the fiscal year ending June 30, 2023. The total fund balance of $48.7 million includes non-spendable balances of $0.2 million, restricted balances of $4.1 million, committed balances of $16.0 million, assigned balances of $13.8 million, and an unassigned balance of $13.3 million.

Assets in the General Fund increased $4.3 million, or 8.8%, due to an increase in cash of $4.4 million and a slight decrease in other assets of $0.1 million, Liabilities increased $1.6 million, or 66.5%, due to an increase in accounts payable of $1.1million and an increase in accrued liabilities of $0.5 million. Income increased by $2.5 million, or 6.1%, due to an increase in property taxes and an increase in Investment Income offset with a decrease in Intergovernmental income. Expenditures increased $5.4 million, or 14.4%, which was attributed to an increase in Public Protection expenditures of $4.4 million, Public Ways & Facilities of $0.1 million, Cultural and Recreation of $0.7 million, and Capital Outlay of $0.7 million, offset by savings in General Government of $0.1 million, and Community Development of $0.5 million.

The assigned fund balance decreased $2.0 million when compared to the figure from June 30, 2023, primarily due to the $1.0 million decrease in the Insurance Claims Reserve and a decrease of $1.0 million in Health Insurance Premium Reserve and Future Annual Stipend Payments Reserve combined.

The unassigned fund balance increased $2.4 million when compared to the fiscal year ending June 30, 2023. As a measurement of the General Fund’s liquidity, it may be useful to compare both unassigned fund balance and total fund balance to total General Fund expenditures. Unassigned fund balance represents approximately 34.1% of total General Fund expenditures, while total fund balance represents approximately 113.3% of total General Fund expenditures.

Other Major Funds
The General Development Impact Fee Special Revenue Fund, a major fund, had a $0.4 million increase in fund balance during fiscal year 2023-24. The increase in fund balance was due to revenues of $3.1 million exceeding expenditures of $2.4 million along with transfers out of $0.4 million. Assets consist of $19.0 million, with cash making up 100.0%, and liabilities of $0.6 million The ending fund balance of $18.4 million is restricted to use for capital projects and improvements.

The American Rescue Plan Act (ARPA) Fund had significant activity over the fiscal year. Almost $6.9 million of ARPA funds were spent on Sewer and Water infrastructure projects, as designated by the City Council. Some of the water and sewer projects started or completed during the fiscal year were water pipeline replacement, water tower seismic evaluation and recoating, new water meter installations, and repair of the Avenue 13 sewer trunk main.

Proprietary Funds: There are two types of Proprietary Funds: enterprise, and internal service funds. The City’s Proprietary Funds statements provide the same type of information found in the Government-Wide financial statements, but in more detail.

City of Madera
Management’s Discussion and Analysis (Unaudited) (Continued) For the Year Ended June 30, 2024
17 The City's enterprise funds, and internal service funds ended the year with total net position as follows:

Water Fund $ 56,253,832
Sewer Fund 31,548,415
Solid waste Fund 2,689,299
Drainage Operations Fund 18,267,330
Local Transit Fund 7,657,196
Golf Course Fund 1,271,556
Airport Fund 12,912,969
Fleet Maintenance Fund 7,754,203
Facilities Maintenance Fund (444,921)
Technology Fund 388,749
Revenue was up significantly in the City’s enterprise funds in Fiscal Year 2023-24. Water revenue was up 5.0%, primarily due to a scheduled rate increase and a normal rain year compared to the winter of 2022-2023 (wetter winters result is less billable water usage), Sewer revenue was up 8.1%, Solid Waste was up 48.1% and Drainage Operations went up 2.5%. The growth in all these revenues, with the exception of Drainage Operations, was the product of scheduled rate increases that were approved by the City Council in July 2022. These rate increases are being phased over a five-year period, beginning upon adoption.

Operating expenses were lower in the Water, Sewer, and Solid Waste funds, and were higher in the Drainage Operations funds for Fiscal Year 2023-24 primarily due to decreases in the Supplies and Miscellaneous costs exceeding increases in Salary and Benefit expenses.

General Fund Budgetary Highlights
The General Fund ended Fiscal Year 2023-24 with revenue over budget by $3.0 million and expenditures under budget by $1.1 million. This variance was primarily due to Property Taxes over budget by $1.0 million, Investment Income over budget by $1.1 million and Intergovernmental Revenue over budget by $1.4 million while Sales and Use Taxes were under budget by $0.9 million. The biggest differences between budget and actual expenditures were in two areas, Fire was over budget by $1.6 million and Parks and Community Services was under budget by $1.5 million.  Actual expenditures for General Government came in $0.3 million under budget due to savings in City Clerk’s Office, Finance, City Attorney, and Human Resources budgets, which was partially offset by spending more on Economic Development.
 Actual expenditures for Public Safety came in at $1.1 million over budget due to increased costs in contracted services for Fire, offset in a decrease in personnel costs for Police.  Actual expenditures for Community Development came in at $1.5 million under budget due to decreased pension costs.
 Actual expenditures for Capital Outlay were $0.3 million under budget due to Public Works department spending less on projects in the General Fund.

City of Madera
Management’s Discussion and Analysis (Unaudited) (Continued) For the Year Ended June 30, 2024
18 Capital Assets and Debt Administration
Capital Assets. The City's investment in capital assets for its governmental and business-type activities as of June 30, 2024, amounts to $295.0 million (net of depreciation and amortization): an increase of $0.4 million compared to Fiscal Year 2022/23.

Major capital asset additions this year include the following:
 Road network improvements - $3.5 million
o Developer donations (sidewalk, pavement, pipelines, and others) - $1.1 million o Various streets and bridge improvement projects - $0.8 million o Various park improvement projects - $1.6 million
 Equipment, machinery, and property purchases - $2.7 million  Water tower renovation - $3.0 million
 Sewer trunk main rehabilitation - $1.8 million
During the year, the City made improvements to various streets, bridges, parks, sewer mains, and received developerdonated infrastructure. Capital projects designed and/or constructed by the City include:
 Park improvements: Town & Country Park, Rotary Park, Fresno River Trail, and Olive Knox Park  Street improvements: various streets
 Traffic signal improvements and installations: various locations  Water storage tank installation: Avenue 17 and Lake Street  Loy Cook water tower renovation: South and Columbia Streets  Water main replacements and upgrades: various locations  Sewer trunk main rehabilitation: Avenue 13, Road 24 ½, and Granada Drive Developer constructed infrastructure was constructed in conjunction with the partial list of projects shown below:
 Iveywood I Subdivision
 Fast Track Carwash
 Varbella Estates II Subdivision
 Amond World
2024 2023 2024 2023 2024 2023
Land $ 12,669,536 $ 12,669,536 $ 9,951,015 $ 9,725,315 $ 22,620,551 $ 22,394,851 Construction in progress 26,353,074 24,764,506 9,067,227 2,944,282 35,420,301 27,708,788 Buildings and improvements 33,607,375 32,969,138 65,696,076 65,621,819 99,303,451 98,590,957 Equipment 20,278,276 18,311,532 9,915,576 9,882,783 30,193,852 28,194,315 Infrastructure 313,986,080 313,519,091 103,708,843 103,222,925 417,694,923 416,742,016 Subscription assets 312,821 312,821 - - 312,821 312,821 Less: accumulated depreciation/amortization (216,478,418) (209,095,136) (94,547,062) (90,377,541) (311,025,480) (299,472,677) Total $ 190,728,744 $ 193,451,488 $ 103,791,675 $ 101,019,583 $ 294,520,419 $ 294,471,071 Capital Assets
Governmental Activities Business Type Activities Total
Detailed information on the City's capital assets can be found in Note 7 of the Notes to the Basic Financial Statements.

City of Madera
Management’s Discussion and Analysis (Unaudited) (Continued) For the Year Ended June 30, 2024
19 Long-term Debt. The City's long-term debt as of June 30, 2024, was $54.0 million with Governmental Activities accounting for $21.1 million (39.1%) of total long-term debt, and Business-type activities accounting for $32.9 million (60.9%). The total debt decreased by $3.6 million, or 6.2%, during the Fiscal Year 2023/24. The reason for the decrease was due to the principal payments made during the fiscal year. 2024 2023 2024 2023 2024 2023
Subscription liability $ 109,174 $ 209,417 $ - $ - $ 109,174 $ 209,417 Finance purchase agreement 17,001,000 17,834,000 - - 17,001,000 17,834,000 Loans payable 182,400 299,800 5,334,000 5,882,800 5,516,400 6,182,600 Bonds payable 3,806,120 3,988,528 27,527,228 29,314,348 31,333,348 33,302,876 Total $ 21,098,694 $ 22,331,745 $ 32,861,228 $ 35,197,148 $ 53,959,922 $ 57,528,893 Long-Term Debt
Governmental Activities Business Type Activities Total
General obligation debts are direct obligations of the City and are backed by the full faith and credit of the City requiring voter approval and may have a tax rate set to cover repayment. State statutes limit the amount of general obligation debt to 15% of the City's total assessed valuation. The City of Madera's debt limit is $667.8 million. Detailed information on the City's long-term debt activity can be found in Note 8 of the Notes to the Basic Financial Statements.

Economic Factors and Next Year's Budgets and Rates
The national GDP began the fiscal year at 2.4%, expanded considerably throughout the first six months of the fiscal year, and ended the fiscal year at 3.0%. At the state level, California GSP exhibited moderate growth. In the second quarter of 2024, California’s GSP slowed to 2.8%. However, California still maintained its position as the world’s fifthlargest economy. Because the Central Valley relies heavily on an agriculture-based economy, both income levels and expense levels are not as high as those seen in other parts of California. Additionally, challenges such as weather (drought), labor availability, and government subsidies all have an impact on the overall condition of the City’s finances. 20 This page intentionally left blank.

BASIC FINANCIAL STATEMENTS
21 This page intentionally left blank.
22 GOVERNMENT-WIDE FINANCIAL STATEMENTS
23 Component Unit
Housing
Authority of the
Governmental Business-Type City of Madera
Activities Activities Total September 30, 2023
ASSETS
Current assets:

Cash and investments 109,766,484 $ 68,850,044 $ 178,616,528 $ 8,808,810 $ Accounts receivable, net 766,252 6,316,712 7,082,964 21,390 Intergovernmental receivable 8,937,439 1,673,596 10,611,035 - Lease receivable - due within one year 20,187 101,856 122,043 - Notes receivable - due within one year - - - 41,368
Prepaid items 172,403 40,606 213,009 113,304
Inventories 94,255 - 94,255 -
Internal balances 1,741,152 (1,741,152) - -
Total current assets 121,498,172 75,241,662 196,739,834 8,984,872 Noncurrent assets:

Restricted cash and investments 2,517,025 2,057,640 4,574,665 1,638,118 Lease receivable - due in more than one year 420,303 978,913 1,399,216 - Notes receivable - due in more than one year 8,003,577 - 8,003,577 2,837,215 Land held for resale 670,000 - 670,000 -
Capital assets:

Non-depreciable 39,022,610 19,018,242 58,040,852 675,827 Depreciable/amortizable, net 151,706,134 84,773,433 236,479,567 4,686,872 Total capital assets, net 190,728,744 103,791,675 294,520,419 5,362,699 Total noncurrent assets 202,339,649 106,828,228 309,167,877 9,838,032 Total assets 182,069,890 323,837,821 505,907,711 18,822,904

DEFERRED OUTFLOWS OF RESOURCES
Related to OPEB 894,612 172,399 1,067,011 -
Related to pensions 15,295,942 2,640,460 17,936,402 1,216,908 Total deferred outflows of resources 2,812,859 16,190,554 19,003,413 1,216,908 June 30, 2024
Statement of Net Position
City of Madera
Primary Government
See accompanying Notes to the Basic Financial Statements. 24 Component Unit
Housing
Authority of the
Governmental Business-Type City of Madera
Activities Activities Total September 30, 2023

LIABILITIES
Current liabilities:

Accounts payable 3,199,472 4,975,762 8,175,234 21,158
Accrued payroll 1,911,156 38,996 1,950,152 21,462
Deposits 627,874 368,571 996,445 218,133
Interest payable 101,957 2,005,922 2,107,879 -
Unearned revenue 13,319,367 168,728 13,488,095 49,690
Compensated absences - due within one year 1,542,656 323,137 1,865,793 53,451 Long-term debt - due within one year 1,234,631 2,247,908 3,482,539 140,422 Total current liabilities 21,937,113 10,129,024 32,066,137 504,316 Noncurrent liabilities:

Other non-current liabilities - - - 740,600
Total OPEB liability 4,047,030 779,897 4,826,927 -
Aggregate net pension liability 46,713,101 11,062,075 57,775,176 4,142,152 Compensated absences - due in more than one year 603,686 323,682 927,368 53,451 Long-term debt - due in more than one year 19,864,063 30,613,320 50,477,383 2,507,291 Total noncurrent liabilities 71,227,880 42,778,974 114,006,854 7,443,494 Total liabilities 52,907,998 93,164,993 146,072,991 7,947,810

DEFERRED INFLOWS OF RESOURCES
Gain on refunding of debt - 240,426 240,426 -
Related to leases 413,530 1,060,094 1,473,624 -
Related to OPEB 190,479 36,706 227,185 -
Related to pensions 275,276 36,928 312,204 429,127
Total deferred inflows of resources 1,374,154 879,285 2,253,439 429,127

NET POSITION
Net investment in capital assets 172,147,075 70,690,021 242,837,096 2,714,986 Restricted:

Community development 12,094,267 - 12,094,267 -
Parking improvements 131,873 - 131,873 -
Public works and transportation 22,174,997 - 22,174,997 - Special assessment project 896,996 - 896,996 -
Law enforcement 1,379,146 - 1,379,146 -
Capital projects and improvements 21,328,238 - 21,328,238 - Housing services - - - 629,695
Debt service - 2,057,640 2,057,640 -
Total restricted 58,005,517 2,057,640 60,063,157 629,695 Unrestricted 15,831,505 57,852,936 73,684,441 8,318,194 Total net position $ 130,600,597 245,984,097 $ 376,584,694 $ 11,662,875 $ Primary Government
City of Madera
Statement of Net Position (Continued)
June 30, 2024
See accompanying Notes to the Basic Financial Statements. 25 Operating Capital
Charges for Grants and Grants and
Functions/Programs Expenses Services Contributions Contributions Total Primary government:

Governmental activities:

General government $ 72,539 9,944,817 $ 471,096 $ - $ 543,635 $ Public protection 28,100,984 1,280,373 1,535,723 - 2,816,096 Social services 250,491 - - - -
Public ways and facilities 6,232,346 2,031,938 9,238,083 7,661,773 18,931,794 Community development 1,952,053 4,923,898 543,566 - 2,495,619 Culture and recreation 6,213,201 495,696 575,631 - 1,071,327 Interest on long-term debt 607,460 - - - -
Total governmental activities 56,273,197 5,832,599 12,364,099 7,661,773 25,858,471 Business-type activities:

Water 12,331,977 9,719,879 - 15,057 12,347,034
Sewer 12,439,072 11,880,792 - 492,967 12,932,039
Solid waste 8,832,375 11,826,131 - - 11,826,131
Drainage operations 1,466,632 903,681 - - 903,681
Local transit 3,172,640 3,965,092 135,687 854,053 4,162,380 Golf course 365,238 176,091 - 50,000 226,091
Airport 847,330 316,047 - 1,174,526 1,490,573
Total business-type activities 37,077,338 41,165,639 135,687 2,586,603 43,887,929 Total primary government 46,998,238 93,350,535 12,499,786 10,248,376 69,746,400 Component unit:

Housing Authority of the City of Madera 9,906,189 2,281,249 6,328,454 197,826 8,807,529 Total component unit $ 2,281,249 9,906,189 $ 6,328,454 $ 197,826 $ 8,807,529 $

City of Madera
Statement of Activities
For the Year Ended June 30, 2024
Program Revenues
See accompanying Notes to the Basic Financial Statements. 26 Component Unit
Housing
Authority of the
Governmental Business-type City of Madera
Functions/Programs Activities Activities Total September 30, 2023 Primary government:

Governmental activities:

General government $ - (9,401,182) $ (9,401,182) $ - $
Public protection (25,284,888) - (25,284,888) -
Social services (250,491) - (250,491) -
Public ways and facilities 12,699,448 - 12,699,448 -
Community development - (2,428,279) (2,428,279) -
Culture and recreation (5,141,874) - (5,141,874) -
Interest on long-term debt (607,460) - (607,460) -
Total governmental activities (30,414,726) - (30,414,726) - Business-type activities:

Water 2,627,155 - 2,627,155 -
Sewer 1,051,247 - 1,051,247 -
Solid waste - 2,993,756 2,993,756 -
Drainage operations - (562,951) (562,951) -
Local transit 197,288 - 197,288 -
Golf course - (139,147) (139,147) -
Airport - 643,243 643,243 -
Total business-type activities - 6,810,591 6,810,591 -
Total primary government 6,810,591 (30,414,726) (23,604,135) - Component unit:

Housing Authority of the City of Madera - - - (1,098,660) Total component unit - - - (1,098,660)
General Revenues and Transfers:

General revenues:

Taxes:

Property taxes 15,005,070 324,924 15,329,994 -
Sales and use taxes 19,360,846 - 19,360,846 -
Franchise taxes 818,740 - 818,740 -
Other taxes 2,506,305 - 2,506,305 -
Total taxes 37,690,961 324,924 38,015,885 -
Investment income 3,785,488 3,264,842 7,050,330 146,527 Miscellaneous revenue 1,063,760 2,236,529 3,300,289 35,830 Transfers 6,186,238 (6,186,238) - -
Total general revenues and transfers 12,012,533 36,353,971 48,366,504 182,357 Change in net position 18,823,124 5,939,245 24,762,369 (916,303) Net Position:

Beginning of year 111,777,473 240,044,852 351,822,325 12,579,178 End of year $ 130,600,597 245,984,097 $ 376,584,694 $ 11,662,875 $ For the Year Ended June 30, 2024
Statement of Activities (Continued)
City of Madera
Net (Expense) Revenue
and Changes in Net Position
See accompanying Notes to the Basic Financial Statements. 27 This page intentionally left blank.
28 FUND FINANCIAL STATEMENTS
29 This page intentionally left blank.
30 Governmental Funds Financial Statements
General Fund - This fund accounts for all revenues and expenditures used to finance the traditional services associated with a municipal government which are not accounted for in the other funds. In Madera, these services include general government, public protection, social services, public ways and facilities, community development, and culture and recreation.

General Development Impact Fee Fund - This fund accounts for and reports the proceeds of the AB1600 development impact fee monies that are restricted or committed to expenditures for the intended purposes.

Measure "T" Sales Tax Fund - This fund is used to account for the receipt of gasoline tax revenue paid to the City as a subvention from the State of California. These funds support maintenance activities and finance street construction projects as provided by State law.

American Rescue Plan Act Fund - This fund is used to account for the grant revenues and expenditures received through the American Rescue Plan Act.
31 General
Development Measure "T"
General Impact Sales Tax
Fund Fee Fund Fund
ASSETS
Cash and investments 41,270,585 $ 19,030,881 $ 16,279,900 $ Restricted cash and investments - - -
Accounts receivable, net 621,361 6,754 -
Intergovernmental receivable 5,052,557 202 2,486,398
Lease receivable 434,056 - -
Notes receivable - - -
Prepaid items 65,437 - -
Inventories - 94,255 -
Due from other funds 5,797,118 - -
Land held for resale - - -
Total assets $ 19,037,837 53,335,369 $ 18,766,298 $

LIABILITIES, DEFERRED INFLOWS OF

RESOURCES, AND FUND BALANCES
Liabilities:

Accounts payable 2,222,905 $ - $ 39,511 $
Accrued payroll 1,892,509 - -
Due to other funds - - -
Deposits payable - 627,800 -
Unearned revenues 5,211 - -
Total liabilities 627,800 4,120,625 39,511

Deferred inflows of resources:

Unavailable revenue 81,661 - 1,624,097
Related to leases 407,145 - -
Total deferred inflows of resources - 488,806 1,624,097

Fund Balances:

Nonspendable 159,692 - -
Restricted 4,073,298 18,410,037 17,102,690
Committed 16,011,311 - -
Assigned 13,819,239 - -
Unassigned (deficit) 14,662,398 - -
Total fund balances 18,410,037 48,725,938 17,102,690
Total liabilities, deferred inflows of
resources, and fund balances $ 19,037,837 53,335,369 $ 18,766,298 $ Major Funds
City of Madera
Balance Sheet
Governmental Funds
June 30, 2024
See accompanying Notes to the Basic Financial Statements. 32 Major Funds
American Non-major Total
Rescue Plan Governmental Governmental
Act Fund Funds Funds
ASSETS
Cash and investments 13,463,857 $ 12,900,659 $ 102,945,882 $ Restricted cash and investments - 2,517,025 2,517,025
Accounts receivable, net - 57,322 685,437
Intergovernmental receivable - 1,398,282 8,937,439
Lease receivable 6,434 - 440,490
Notes receivable 8,003,577 - 8,003,577
Prepaid items 13,721 - 79,158
Inventories - - 94,255
Due from other funds - - 5,797,118
Land held for resale - 670,000 670,000
Total assets $ 25,567,020 13,463,857 $ 130,170,381 $

LIABILITIES, DEFERRED INFLOWS OF

RESOURCES, AND FUND BALANCES
Liabilities:

Accounts payable - $ 465,334 $ 2,727,750 $
Accrued payroll - 6,789 1,899,298
Due to other funds - 4,055,966 4,055,966
Deposits payable - 74 627,874
Unearned revenues 13,116,639 197,517 13,319,367
Total liabilities 4,725,680 13,116,639 22,630,255

Deferred inflows of resources:

Unavailable revenue - - 1,705,758
Related to leases - 6,385 413,530
Total deferred inflows of resources 6,385 - 2,119,288

Fund Balances:

Nonspendable 12,879 - 172,571
Restricted 347,218 22,145,572 62,078,815
Committed - - 16,011,311
Assigned - - 13,819,239
Unassigned (deficit) - (1,323,496) 13,338,902
Total fund balances 20,834,955 347,218 105,420,838
Total liabilities, deferred inflows of
resources, and fund balances $ 25,567,020 13,463,857 $ 130,170,381 $ City of Madera
Balance Sheet (Continued)
Governmental Funds
June 30, 2024
See accompanying Notes to the Basic Financial Statements. 33 This page intentionally left blank.
34 Total Fund Balances - Total Governmental Funds $ 105,420,838 Unavailable revenues reported on the Governmental Fund Financial Statements resulting from activities in which revenues were earned but were not available are reclassified as revenues in the Government-Wide Financial Statements. 1,705,758 Capital Assets used in the governmental activities were not financial resources and therefore were not reported in the Governmental Funds Balance Sheet.

Government-Wide Statement of Net Position 190,728,744
Less: capital assets reported in Internal Service Funds (4,914,384) Total capital assets 185,814,360
Long-term liabilities are not due and payable in the current period and therefore were not reported in the Governmental Funds Balance Sheet.

Amount reported in Government-Wide Statement of Net Position Compensated absences - due within one year (1,542,656)
Compensated absences - due in more than one year (603,686) Long-term debt - due within one year (1,234,631)
Long-term debt - due in more than one year (19,864,063) Less: amount reported in Internal Service Funds:

Long-term debt - due within one year 96,792
Compensated absences - due within one year 112,628
Compensated absences - due in more than one year 95,283 Total long-term liabilities (22,940,333)
Interest payable on long-term debt did not require current financial resources. Therefore, interest payable was not reported as a liability in the governmental funds. (101,957) Aggregate net pension liability and total OPEB liability used in the governmental activities were not financial resources and therefore were not reported in the Governmental Funds Balance Sheet.

Net pension liability (46,713,101)
Total OPEB liability (4,047,030)
Less: amount reported in Internal Service Funds:

Net pension liability 4,066,390
Total OPEB liability 379,409
Total pension and OPEB (46,314,332)
Deferred outflows of resources related to OPEB and pensions are not available for current period and, therefore, are deferred in the governmental funds or not recorded in the governmental funds.

Amount reported in Government-Wide Statement of Net Position Deferred outflows of resources related to OPEB 894,612
Deferred outflows of resources related to pensions 15,295,942 Less: amount reported in Internal Service Funds:

Deferred outflows of resources related to OPEB (83,871) Deferred outflows of resources related to pensions (970,628) Total deferred outflows of resources 15,136,055
Deferred inflows of resources related to OPEB and pensions are not available for current period and, therefore, are deferred in the governmental funds or not recorded in the governmental funds.

Amount reported in Government-Wide Statement of Net Position Deferred inflows of resources related to OPEB (190,479) Deferred inflows of resources related to pensions (275,276) Less: amount reported in Internal Service Funds:

Deferred inflows of resources related to OPEB 17,857
Deferred inflows of resources related to pensions 13,575 Total deferred inflows of resources (434,323)
Internal service funds are used by management to charge the cost of fleet management, risk management, information technology, and building maintenance to individual funds. The assets and liabilities of the internal service funds are included in the governmental activities in the statement of net position. 7,698,031 Net Position of Governmental Activities $ 245,984,097
Amounts reported for Governmental Activities in the Statement of Net Position were different because:

City of Madera
Reconciliation of the Governmental Funds Balance Sheet
to the Government-Wide Statement of Net Position
June 30, 2024
See accompanying Notes to the Basic Financial Statements. 35 General
Development Measure "T"
General Impact Sales Tax
Fund Fee Fund Fund
REVENUES:

Property taxes 13,393,320 $ - $ - $
Sales and use taxes 19,360,846 - -
Other taxes 2,019,287 - -
Investment income (loss) 2,308,014 744,988 579,658
Franchise fees 818,740 - -
Licenses and permits 1,131,638 - -
Fines and forfeitures 542,228 - -
Intergovernmental 2,256,916 - 3,435,575
Charges for services 1,404,664 2,379,421 -
Miscellaneous 593,383 - -
Total revenues 3,124,409 43,829,036 4,015,233

EXPENDITURES:

Current:

General government 2,945,231 - -
Public protection 25,768,197 - -
Social services 180,978 - -
Public ways and facilities 2,574,323 2,061,128 -
Community development 4,527,541 - -
Culture and recreation 4,842,265 - -
Capital outlay 1,748,240 303,986 362,933
Debt service:

Principal - 273,145 -
Interest and fiscal charges 163,247 - -
Total expenditures 2,365,114 43,023,167 362,933

REVENUES OVER (UNDER) EXPENDITURES 759,295 805,869 3,652,300 OTHER FINANCING SOURCES (USES):

Transfers in 4,423,267 - -
Transfers out (2,230,282) (397,239) (860,000)
Total other financing sources (uses) (397,239) 2,192,985 (860,000) NET CHANGE IN FUND BALANCES 362,056 2,998,854 2,792,300 FUND BALANCES:

Beginning of year 45,727,084 18,047,981 14,310,390
End of year 48,725,938 $ 18,410,037 $ 17,102,690 $
Major Funds
For the Year Ended June 30, 2024
Governmental Funds
Statement of Revenues, Expenditures, and Changes in Fund Balances City of Madera
See accompanying Notes to the Basic Financial Statements. 36 Major Funds
American Non-major Total
Rescue Plan Governmental Governmental
Act Funds Funds
REVENUES:

Property taxes $ 1,611,750 - $ 15,005,070 $
Sales and use taxes - - 19,360,846
Other taxes 453,183 - 2,472,470
Investment income (loss) - 249,604 3,882,264
Franchise fees - - 818,740
Licenses and permits - - 1,131,638
Fines and forfeitures - 7,142 549,370
Intergovernmental 6,946,865 9,332,986 21,972,342
Charges for services - 55,811 3,839,896
Miscellaneous 294,519 - 887,902
Total revenues 12,004,995 6,946,865 69,920,538

EXPENDITURES:

Current:

General government - 102,664 3,047,895
Public protection 885,422 - 26,653,619
Social services - - 180,978
Public ways and facilities - 930,824 5,566,275
Community development - 131,393 4,658,934
Culture and recreation - 538,820 5,381,085
Capital outlay 2,092,321 - 4,507,480
Debt service:

Principal 833,000 - 1,106,145
Interest and fiscal charges - 482,465 645,712
Total expenditures 5,996,909 - 51,748,123

REVENUES OVER (UNDER) EXPENDITURES 6,008,086 6,946,865 18,172,415 OTHER FINANCING SOURCES (USES):

Transfers in 1,578,316 - 6,001,583
Transfers out (6,599,647) (2,756,202) (12,843,370)
Total other financing sources (uses) (1,177,886) (6,599,647) (6,841,787) NET CHANGE IN FUND BALANCES 4,830,200 347,218 11,330,628 FUND BALANCES:

Beginning of year 16,004,755 - 94,090,210
End of year $ 20,834,955 347,218 $ 105,420,838 $
City of Madera
Statement of Revenues, Expenditures, and Changes in Fund Balances (Continued) Governmental Funds
For the Year Ended June 30, 2024
See accompanying Notes to the Basic Financial Statements. 37 Net Changes in Fund Balances - Total Governmental Funds $ 11,330,628 Governmental funds reported capital outlay as expenditures. However, in the Government-Wide Statement of Activities, the cost of those assets was allocated over their estimated useful lives as depreciation and amortization expenses. This is the amount of capital assets recorded in the current period (net of $375,645 added in internal service funds) ($381,152 of the governmental fund capital outlay balance were for repairs and maintenance expenditures). 3,531,138 In the Government-Wide Statement of Activities, donated assets are reported as a capital contribution. 595,189 Depreciation and amortization expense on capital assets was reported in the Government-Wide Statement of Activities and Changes in Net Position, but they did not require the use of current financial resources. Therefore, depreciation and amortization expense, net of internal service funds of $729,362, was not reported as expenditures in the Governmental Funds. (7,167,413)
The net effect of various miscellaneous transactions involving capital assets (i.e. sales, trade-ins, and donations) decreased net position. (618,808)
Repayment of long-term liabilities was an expenditures in governmental funds, but the repayment reduced long-term liabilities in the Government-Wide Statement of Net Position.

Principal payment of long-term debt, net of internal services funds of $97,405. 1,106,145 Amortization of bond premium 32,408
Interest expense on long-term debt was reported in the Government-Wide Statement of Activities, but it did not require the use of current financial resources. This amount represented the changes in accrued interest from prior year. 5,844 Compensated absences expenses reported in the Government-Wide Statement of Activities do not require the use of current financial resources and, therefore, are not reported as expenditures in the governmental funds. (net of $19,228 deducted in internal service funds). (199,333)
Revenues in the Government-Wide Statement of Activities that do not provide current financial resources and are not reported as revenue in the governmental funds. (2,117,047) Certain pension expenses reported in the Government-Wide Statement of Activities do not require the use of current financial resources and therefore, are not reported as expenditures in governmental funds.

Changes in pension related deferred outflows of resources (1,063,695) Changes in net pension liabilities (1,422,127)
Changes in pension related deferred inflows of resources 513,642 Certain OPEB expenses reported in the Government-Wide Statement of Activities do not require the use of current financial resources and therefore, are not reported as expenditures in governmental funds.

Changes in OPEB related deferred outflows of resources 2,559 Changes in total OPEB liabilities (268,885)
Changes in OPEB related deferred inflows of resources (32,557) The internal service funds are used by management to charge the costs of fleet maintenance, facilities maintenance, and technology to individual funds. The net revenue of certain activities of internal service funds is reported with governmental activities. 1,711,557
Change in Net Position of Governmental Activities $ 5,939,245 Amounts reported for Governmental Activities in the Statement of Net Position were different because:

City of Madera
Reconciliation of the Governmental Funds Statement of Revenues, Expenditures, and Changes in Fund Balances to the Government-Wide Statement of Activities and Changes in Net Position For the Year Ended June 30, 2024
See accompanying Notes to the Basic Financial Statements. 38 Proprietary Funds Financial Statements
Water Fund - This fund is used to account for the activities of the City's water pumping, treatment and distribution operations.

Sewer Fund - This fund is used to account for the activities of the City's sewer collection and treatment operations.

Solid Waste Fund - This fund is used to account for the activities of the City's solid waste operations.

Drainage Operations Fund - This fund is used to account for the activities of the City's drainage operations.

Internal Service Funds - These funds are used to provide goods and services by one department or agency to other departments or agencies of the City on a cost reimbursement basis. 39 Drainage
Water Sewer Solid Waste Operations
Fund Fund Fund Fund
ASSETS
Current assets:

Cash and investments 42,559,405 $ 18,612,819 $ 4,853,252 $ 895,863 $ Accounts receivable, net 1,636,090 3,085,958 1,453,211 84,741 Intergovernmental receivable - 3,801 - 810
Lease receivable - due within one year - - - -
Prepaid items 15,873 6,287 281 9,725
Total current assets 45,661,236 20,258,997 6,306,744 991,139 Noncurrent assets:

Restricted cash and investments 234,434 1,823,206 - -
Lease receivable - due in more than one year - - - -
Capital assets:

Non-depreciable 4,885,810 5,354,486 - 4,039,808
Depreciable, net 20,784,274 33,601,296 - 13,871,882
Total capital assets 25,670,084 38,955,782 - 17,911,690 Total noncurrent assets 40,778,988 25,904,518 - 17,911,690 Total assets 61,037,985 71,565,754 6,306,744 18,902,829

DEFERRED OUTFLOWS OF RESOURCES
Related to OPEB 93,188 60,573 9,320 4,659
Related to pensions 959,453 896,441 296,057 174,971
Total deferred outflows of resources 957,014 1,052,641 305,377 179,630

LIABILITIES
Current liabilities:

Accounts payable 1,148,385 1,145,865 2,412,010 12,027
Accrued payroll 12,240 13,721 4,035 2,665
Due to other funds - - - -
Interest payable 78,147 290,424 - -
Deposits payable 1,992,451 - - -
Unearned revenue 78,895 - 89,633 200
Compensated absences - due within one year 120,030 117,646 54,281 12,195 Long-term debt - due within one year 1,695,000 552,908 - - Total current liabilities 3,980,672 3,265,040 2,559,959 27,087 Noncurrent liabilities:

Total OPEB liability 274,018 421,566 42,157 21,078
Aggregate net pension liability 3,755,594 4,019,579 1,240,315 733,034 Compensated absences - due in more than one year 124,038 58,200 74,266 30,491 Long term debt - due in more than one year 7,769,320 22,844,000 - - Total noncurrent liabilities 12,334,503 26,931,812 1,356,738 784,603 Total liabilities 30,196,852 16,315,175 3,916,697 811,690

DEFERRED INFLOWS OF RESOURCES
Gain on refunding of debt 16,128 224,298 - -
Related to leases - - - -
Related to OPEB 19,841 12,897 1,984 992
Related to pensions 13,419 12,537 4,141 2,447
Total deferred inflows of resources 249,732 49,388 6,125 3,439

NET POSITION
Net investment in capital assets 14,192,484 17,331,728 - 17,911,690 Restricted:

Debt service 234,434 1,823,206 - -
Unrestricted 38,687,670 15,532,725 2,689,299 355,640
Total net position $ 31,548,415 56,253,832 $ 2,689,299 $ 18,267,330 $ Major Funds
City of Madera
Statement of Net Position
Proprietary Funds
June 30, 2024
See accompanying Notes to the Basic Financial Statements. 40 Governmental
Activities
Non-major Internal
Funds Total Service Funds
ASSETS
Current assets:

Cash and investments 1,928,705 $ 68,850,044 $ 6,820,602 $ Accounts receivable, net 6,316,712 56,712 80,815
Intergovernmental receivable 1,668,985 1,673,596 -
Lease receivable - due within one year 101,856 101,856 - Prepaid items 8,440 40,606 93,245
Total current assets 3,764,698 76,982,814 6,994,662
Noncurrent assets:

Restricted cash and investments - 2,057,640 -
Lease receivable - due in more than one year 978,913 978,913 - Capital assets:

Non-depreciable 4,738,138 19,018,242 325,359
Depreciable, net 16,515,981 84,773,433 4,589,025
Total capital assets 21,254,119 103,791,675 4,914,384
Total noncurrent assets 106,828,228 22,233,032 4,914,384 Total assets 183,811,042 25,997,730 11,909,046

DEFERRED OUTFLOWS OF RESOURCES
Related to OPEB 4,659 172,399 83,871
Related to pensions 313,538 2,640,460 970,628
Total deferred outflows of resources 2,812,859 318,197 1,054,499

LIABILITIES
Current liabilities:

Accounts payable 257,475 4,975,762 471,722
Accrued payroll 6,335 38,996 11,858
Due to other funds 1,741,152 1,741,152 -
Interest payable 368,571 - -
Deposits payable 13,471 2,005,922 -
Unearned revenue - 168,728 -
Compensated absences - due within one year 323,137 18,985 112,628 Long-term debt - due within one year 2,247,908 - 96,792 Total current liabilities 2,037,418 11,870,176 693,000
Noncurrent liabilities:

Total OPEB liability 779,897 21,078 379,409
Aggregate net pension liability 11,062,075 1,313,553 4,066,390 Compensated absences - due in more than one year 36,687 323,682 95,283 Long term debt - due in more than one year - 30,613,320 - Total noncurrent liabilities 1,371,318 42,778,974 4,541,082 Total liabilities 54,649,150 3,408,736 5,234,082

DEFERRED INFLOWS OF RESOURCES
Gain on refunding of debt - 240,426 -
Related to leases 1,060,094 1,060,094 -
Related to OPEB 992 36,706 17,857
Related to pensions 4,384 36,928 13,575
Total deferred inflows of resources 1,374,154 1,065,470 31,432

NET POSITION
Net investment in capital assets 70,690,021 21,254,119 4,817,592 Restricted:

Debt service 2,057,640 - -
Unrestricted 587,602 57,852,936 2,880,439
Total net position $ 130,600,597 21,841,721 $ 7,698,031 $ City of Madera
Statement of Net Position (Continued)
Proprietary Funds
June 30, 2024
See accompanying Notes to the Basic Financial Statements. 41 Drainage
Water Sewer Solid Waste Operations
Fund Fund Fund Fund
OPERATING REVENUES:

Charges for services 12,331,977 $ 12,439,072 $ 11,826,131 $ 903,681 $ Miscellaneous revenue 583,185 212,022 1,229,073 1,132
Total operating revenues 12,651,094 12,915,162 13,055,204 904,813 OPERATING EXPENSES:

Salaries and benefits 2,702,822 2,712,521 887,148 566,092 General and administrative 1,952,022 3,334,736 7,868,337 476,341 Supplies and miscellaneous 1,607,352 986,233 66,414 43,581 Utilities 2,385,512 1,006,609 10,476 29,808
Depreciation/amortization 831,995 2,424,541 - 350,810
Total operating expenses 10,464,640 9,479,703 8,832,375 1,466,632 OPERATING INCOME (LOSS) 2,186,454 3,435,459 4,222,829 (561,819) NONOPERATING REVENUES (EXPENSES):

Investment income 1,398,291 1,689,463 73,000 33,593
Property taxes - 170,616 - -
Operating grants - - - -
Interest expense (240,176) (1,416,152) - -
Total nonoperating revenues (expenses) 443,927 1,158,115 73,000 33,593

INCOME (LOSS) BEFORE CAPITAL
CONTRIBUTIONS AND TRANSFERS 2,630,381 4,593,574 4,295,829 (528,226)

CAPITAL CONTRIBUTIONS AND TRANSFERS
Capital contributions 15,057 492,967 - -
Capital grants - - - -
Transfers in 4,637,821 2,968,340 39,764 35,556
Transfers out (613,622) (279,275) (572,903) (65,922)
Total capital contributions and transfers 3,182,032 4,039,256 (533,139) (30,366) Changes in net position 5,812,413 8,632,830 3,762,690 (558,592) NET POSITION (DEFICIT):

Beginning of year 47,621,002 25,736,002 (1,073,391) 18,825,922 End of year 56,253,832 $ 31,548,415 $ 2,689,299 $ 18,267,330 $ Major Funds
City of Madera
Statement of Revenues, Expenses, and Changes in Net Position Proprietary Funds
For the Year Ended June 30, 2024
See accompanying Notes to the Basic Financial Statements. 42 Governmental
Activities
Non-major Internal
Funds Total Service Funds
OPERATING REVENUES:

Charges for services 3,664,778 $ 41,165,639 $ 5,965,631 $ Miscellaneous revenue 211,117 2,236,529 196,165
Total operating revenues 43,402,168 3,875,895 6,161,796 OPERATING EXPENSES:

Salaries and benefits 836,824 7,705,407 2,325,457
General and administrative 2,725,437 16,356,873 1,073,613 Supplies and miscellaneous 531,767 3,235,347 493,179
Utilities 3,449,190 16,785 581,212
Depreciation/amortization 1,065,973 4,673,319 730,362
Total operating expenses 35,420,136 5,176,786 5,203,823 OPERATING INCOME (LOSS) 7,982,032 (1,300,891) 957,973
NONOPERATING REVENUES (EXPENSES):

Investment income 70,495 3,264,842 102,084
Property taxes 154,308 324,924 -
Operating grants 135,687 135,687 -
Interest expense (874) (1,657,202) (4,049)
Total nonoperating revenues (expenses) 2,068,251 359,616 98,035

INCOME (LOSS) BEFORE CAPITAL
CONTRIBUTIONS AND TRANSFERS 10,050,283 (941,275) 1,056,008

CAPITAL CONTRIBUTIONS AND TRANSFERS
Capital contributions 155,132 663,156 -
Capital grants 1,923,447 1,923,447 -
Transfers in 7,811,742 130,261 923,571
Transfers out (93,782) (1,625,504) (268,022)
Total capital contributions and transfers 8,772,841 2,115,058 655,549 Changes in net position 18,823,124 1,173,783 1,711,557
NET POSITION (DEFICIT):

Beginning of year 20,667,938 111,777,473 5,986,474
End of year 21,841,721 $ 130,600,597 $ 7,698,031 $
For the Year Ended June 30, 2024
City of Madera
Statement of Revenues, Expenses, and Changes in Net Position (Continued) Proprietary Funds
See accompanying Notes to the Basic Financial Statements. 43 Drainage
Water Sewer Solid Waste Operations
Fund Fund Fund Fund
CASH FLOWS FROM OPERATING ACTIVITIES:

Cash received from customers 11 $ 12 ,924,696 $ 11 ,163,808 $ 909 ,498,037 $ ,055 Cash payments to suppliers for goods and services (6,320,516) (4,730,929) (7,692,232) (545,975) Cash payments to employees for services (2,410,466) (2,437,716) (786,005) (512,635) Other operating revenues and expenses 583 212 ,185 1 ,022 1 ,229,073 ,132 Net cash provided by (used in) operating activities 5 3,776,899 4 ,207,185 ,248,873 (148,423) CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES:

Property taxes 170 - - ,616 -
Due to other funds - - - -
Advances from other funds - - - -
Transfers from other funds 4 2 ,637,821 39 ,968,340 35 ,764 ,556 Transfers to other funds (613,622) (279,275) (572,903) (65,922) Net cash provided by (used in) noncapital financing activities 2 4,024,199 ,859,681 (533,139) (30,366)

CASH FLOWS FROM CAPITAL AND
RELATED FINANCING ACTIVITIES:

Capital grants - - - -
Acquisition of capital assets (4,030,372) - (2,105,665) - Principal payment of long-term debt (554,650) - (1,880,803) - Interest paid on debt (229,093) - (1,211,157) -
Net cash provided by (used in) capital and related financing activities (4,814,115) - (5,197,625) - CASH FLOWS FROM INVESTING ACTIVITIES:

Interest from investments 1 1,398,291 73 ,689,463 33 ,000 ,593 Net cash provided by investing activities 1 1,398,291 73 ,689,463 33 ,000 ,593 Net change in cash and cash equivalents 4 4,385,274 3 ,558,704 ,788,734 (145,196) CASH AND CASH EQUIVALENTS:

Beginning of year 15 38,408,565 1 ,877,321 1 ,064,518 ,041,059 End of year $ 20 42,793,839 $ 4 ,436,025 $ 895 ,853,252 $ ,863

RECONCILIATION OF CASH AND CASH
EQUIVALENTS TO STATEMENT OF NET POSITION:

Cash and investments 42 $ 18 ,559,405 $ 4 ,612,819 $ 895 ,853,252 $ ,863 Restricted cash and investments 234 1 ,434 - ,823,206 - Total cash and cash equivalents $ 20 42,793,839 $ 4 ,436,025 $ 895 ,853,252 $ ,863

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

Operating income (loss) $ 2 3,435,459 $ 4 ,186,454 $ ,222,829 $ (561,819) Adjustments to reconcile operating (loss) to net
cash provided by (used in) operating activities:

Depreciation/amortization 831 2 ,995 - ,424,541 350 ,810 Changes in operating assets and liabilities, and
deferred outflows and inflows of resources:

Accounts receivable, net (576,604) (272,404) 6 (328,094) ,184 Intergovernmental receivable 100 - (2,860) (810)
Lease receivable - - - -
Prepaid items 7 ,955 (3,013) (281) (315)
Deferred outflows - OPEB related 7 6,699 8 ,532 ,842 (119) Deferred outflows - pension related 191 204,948 63 ,488 37 ,241 ,376 Accounts payable 599 (383,585) 253 ,662 4 ,276 ,070
Accrued payroll 13 12,110 4 ,631 2 ,023 ,658
Deposits payable 174 - ,323 - -
Unearned revenue - (5,100) - -
Compensated absences 56 65 ,150 57 ,583 9 ,821 ,817
Aggregate net pension liability 51 55,272 17 ,644 10 ,055 ,080 Total OPEB liability 1,498 (12,392) 1 (34,219) ,984
Deferred inflows - lease related - - - -
Deferred inflows - OPEB related 1 2,530 ,094 205 (1,164) Deferred inflows - pension related (46,851) (43,775) (14,456) (8,544) Total adjustments 341 3 ,440 26 ,020,731 413 ,044 ,396
Net cash provided by (used in) operating activities $ 5 3,776,899 $ 4 ,207,185 $ ,248,873 $ (148,423) NONCASH CAPITAL AND RELATED FINANCING ACTIVITIES:

Contributed property, plant and equipment 15 $ 492 ,057 $ - ,967 $ - $ Total noncash capital and related financing activities $ 492 15,057 $ - ,967 $ - $ Major Funds
City of Madera
Statement of Cash Flows
Proprietary Funds
For the Year Ended June 30, 2024
See accompanying Notes to the Basic Financial Statements. 44 Governmental
Activities
Non-major Internal
Funds Total Service Funds
CASH FLOWS FROM OPERATING ACTIVITIES:

Cash received from customers $ 39 3,408,052 $ 5 ,903,648 $ ,899,193 Cash payments to suppliers for goods and services (3,459,476) (22,749,128) (1,943,174) Cash payments to employees for services (743,156) (6,889,978) (2,054,553) Other operating revenues and expenses 211 2 ,117 196 ,236,529 ,165 Net cash provided by (used in) operating activities 12 (583,463) 2 ,501,071 ,097,631 CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES:

Property taxes 324 154,308 - ,924
Due to other funds (77,422) - (77,422)
Advances from other funds (12,240) - (12,240)
Transfers from other funds 7 130,261 923 ,811,742 ,571
Transfers to other funds (93,782) (1,625,504) (268,022) Net cash provided by (used in) noncapital financing activities 6 236,812 655 ,557,187 ,549

CASH FLOWS FROM CAPITAL AND
RELATED FINANCING ACTIVITIES:

Capital grants 1 1,973,447 - ,973,447
Acquisition of capital assets (696,218) (6,832,255) (1,667,512) Principal payment of long-term debt (161,800) (2,597,253) (94,498) Interest paid on debt (2,581) (1,442,831) (4,049)
Net cash provided by (used in) capital and related financing activities 1,112,848 (8,898,892) (1,766,059) CASH FLOWS FROM INVESTING ACTIVITIES:

Interest from investments 3 70,495 102 ,264,842 ,084
Net cash provided by investing activities 3 70,495 102 ,264,842 ,084 Net change in cash and cash equivalents 13 836,692 1 ,424,208 ,089,205 CASH AND CASH EQUIVALENTS:

Beginning of year 57 1,092,013 5 ,483,476 ,731,397
End of year $ 70 1,928,705 $ 6 ,907,684 $ ,820,602

RECONCILIATION OF CASH AND CASH
EQUIVALENTS TO STATEMENT OF NET POSITION:

Cash and investments $ 68 1,928,705 $ 6 ,850,044 $ ,820,602 Restricted cash and investments 2 - - ,057,640
Total cash and cash equivalents $ 70 1,928,705 $ 6 ,907,684 $ ,820,602

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

Operating income (loss) $ 7 (1,300,891) $ 957 ,982,032 $ ,973 Adjustments to reconcile operating (loss) to net
cash provided by (used in) operating activities:

Depreciation/amortization 4 1,065,973 730 ,673,319 ,362 Changes in operating assets and liabilities, and
deferred outflows and inflows of resources:

Accounts receivable, net (4,599) (1,175,517) (66,438)
Intergovernmental receivable (227,945) - (231,515)
Lease receivable (221,823) - (221,823)
Prepaid items 5 1,639 ,985 (35,570)
Deferred outflows - OPEB related 22 (119) ,835 (2,144)
Deferred outflows - pension related 564 66,976 207 ,029 ,334 Accounts payable 286 (187,126) 240 ,297 ,400
Accrued payroll 36 4,016 11 ,438 ,767
Deposits payable 173 (594) - ,729
Unearned revenue - - (5,100)
Compensated absences 207 17,855 6 ,226 ,020
Aggregate net pension liability 152 18,063 55 ,114 ,915 Total OPEB liability 1,984 35 (41,145) ,717
Deferred inflows - lease related 214 214,905 - ,905
Deferred inflows - OPEB related 2 205 3 ,870 ,693
Deferred inflows - pension related (15,312) (128,938) (47,398) Total adjustments 4 717,428 1 ,519,039 ,139,658
Net cash provided by (used in) operating activities $ 12 (583,463) $ 2 ,501,071 $ ,097,631 NONCASH CAPITAL AND RELATED FINANCING ACTIVITIES:

Contributed property, plant and equipment 105 $ 613 ,132 $ - ,156 $ Total noncash capital and related financing activities $ 613 105,132 $ - ,156 $ Statement of Cash Flows (Continued)
City of Madera
Proprietary Funds
For the Year Ended June 30, 2024
See accompanying Notes to the Basic Financial Statements. 45 This page intentionally left blank.
46 Fiduciary Funds Financial Statements
Custodial Funds - These funds are used to report fiduciary activities that are not required to be reported in pension (and other employee benefit) trust funds, investment trust funds, or private purpose trust funds. This includes the Madera General Deposit Custodial Fund and Community Facilities Districts Custodial Fund.

RDA Successor Agency Private Purpose Trust Fund - This fund is used to account for monies received from the Madera County Auditor Controller for the repayment of the enforceable obligations of the former Madera Community Development Agency. These funds are restricted for the sole purpose of payment of items on an approved Recognized Payment Obligation Schedule (ROPS).
47 This page intentionally left blank.
48 RDA
Successor Agency
Custodial Private Purpose
Funds Trust Fund
ASSETS
Cash and investments $ 6,430,626 2,346,428 $
Accounts receivable, net 73,527 2,878
Prepaid items 100 932
Restricted cash and investments with fiscal agent 51,194 3,373 Land held for resale 278,207 -
Capital asset, not being depreciated 16,701 -
Capital asset, being depreciated, net 1,459,010 -
Total assets 8,261,544 2,401,432

LIABILITIES
Accounts payable 4 7,958
Interest payable 435,293 -
Long-term debt - due within one year 1,570,000 -
Long-term debt - due in more than one year 30,260,975 - Total liabilities 32,266,272 7,958

NET POSITION (DEFICIT)
Restricted for:

Individuals, organizations, and other governments - 2,393,474 Held in trust for dissolution of RDA (24,004,728) -
Total net position (deficit) $ (24,004,728) 2,393,474 $ City of Madera
Statement of Fiduciary Net Position
Fiduciary Funds
June 30, 2024
See accompanying Notes to the Basic Financial Statements. 49 RDA
Successor Agency
Custodial Private Purpose
Funds Trust Fund
ADDITIONS:

Special assessments for other governments $ - 192,835 $ Investment income 177,593 649,869
RDA property tax trust fund distribution 3,037,181 -
Other payments received 1,778 -
Total additions 3,216,552 1,242,753
DEDUCTIONS:

Administration - 8,080
Project payments 11,289 928,659
Payments on conduit bonds - principal 98,299 -
Payments on conduit bonds - interest - 77,334
Depreciation 34,738 -
Interest expense 1,088,102 -
Total deductions 1,134,129 1,112,372
Change in net position 2,082,423 130,381
NET POSITION (DEFICIT):

Beginning of year (26,087,151) 2,263,093
End of year $ (24,004,728) 2,393,474 $
City of Madera
Statement of Changes in Fiduciary Net Position
Fiduciary Funds
For the Year Ended June 30, 2024
See accompanying Notes to the Basic Financial Statements. 50 51

NOTES TO THE BASIC FINANCIAL STATEMENTS
52 This page intentionally left blank.

City of Madera
Index of Notes to the Basic Financial Statements
For the Year Ended June 30, 2024
53 Note 1 – Summary of Significant Accounting Policies ............................................................................................... 57 A. Financial Reporting Entity .......................................................................................................................... 57 B. Basis of Presentation, Accounting and Measurement Focus ....................................................................... 58 C. Deferred Outflows and Inflows of Resources ............................................................................................. 62 D. Cash, Cash Equivalents and Investments .................................................................................................... 62 E. Restricted Assets ......................................................................................................................................... 63 F. Receivables .................................................................................................................................................. 64 G. Interfund Transactions ................................................................................................................................. 64 H. Inventory ..................................................................................................................................................... 64 I. Prepaid Items ............................................................................................................................................... 64 J. Leases .......................................................................................................................................................... 64 K. Subscription-Based Information Technology Arrangements (SBITAs) ..................................................... 65 L. Land Held for Resale ................................................................................................................................... 66 M. Capital Assets .............................................................................................................................................. 66 N. Long-Term Debt .......................................................................................................................................... 67 O. Compensated Absences ............................................................................................................................... 67 P. Pension Plans ............................................................................................................................................... 68 Q. Other Postemployment Benefits (OPEB) .................................................................................................... 68 R. Fund Balances ............................................................................................................................................. 69 S. Net Position ................................................................................................................................................. 69 T. Property Taxes ............................................................................................................................................. 70 U. Use of Accounting Estimates ...................................................................................................................... 70 V. Implementation of New GASB Pronouncements for the Year Ended June 30, 2024 ................................. 70 W. Upcoming Government Accounting Standards Implementations ............................................................... 71 Note 2 – Cash and Investments – City ......................................................................................................................... 71 A. Summary ..................................................................................................................................................... 71 B. Demand Deposits ......................................................................................................................................... 72 C. Investments Authorized by the California Government
Code and the City’s Investment Policy ................................................................................................. 72 D. Investments Authorized by Debt Agreements ............................................................................................. 73 E. Fair Value Measurement ............................................................................................................................. 74 F. Risk Disclosure ............................................................................................................................................ 74 G. Investment in State Investment Pool ........................................................................................................... 77 Note 3 – Cash and Investments – Component Unit.................................................................................................... 77 A. Summary ..................................................................................................................................................... 77 B. Demand Deposits ......................................................................................................................................... 78 C. Investments Authorized by the California Government
Code and the Housing Authority’s Investment Policy .......................................................................... 78 D. Risk Disclosure ............................................................................................................................................ 78 E. Investment in State Investment Pool ........................................................................................................... 80 Note 4 – Notes Receivables ........................................................................................................................................... 80 A. Governmental Activities .............................................................................................................................. 80 B. Component Unit .......................................................................................................................................... 81 City of Madera
Index of Notes to the Basic Financial Statements (Continued) For the Year Ended June 30, 2024
54 Note 5 – Lease Receivable............................................................................................................................................. 82 A. Governmental Activities .............................................................................................................................. 82 B. Business-Type Activities ............................................................................................................................. 82 Note 6 – Interfund Receivables, Payables, and Transfers ......................................................................................... 83 A. Due To / From Other Funds ........................................................................................................................ 83 B. Transfers ...................................................................................................................................................... 84 Note 7 – Capital Assets ................................................................................................................................................. 85 A. Governmental Activities .............................................................................................................................. 85 B. Business-Type Activities ............................................................................................................................. 86 C. Fiduciary Fund Financial Statements .......................................................................................................... 87 D. Component Unit .......................................................................................................................................... 87 Note 8 – Long-Term Liabilities .................................................................................................................................... 88 A. Governmental Activities .............................................................................................................................. 88 B. Business-Type Activities ............................................................................................................................. 91 C. Fiduciary Fund Financial Statements .......................................................................................................... 93 D. Component Unit .......................................................................................................................................... 95 Note 9 – Special Assessment Debt with No City Commitment ................................................................................. 96 Note 10 – Compensated Absences ................................................................................................................................ 96 A. Governmental Activities .............................................................................................................................. 96 B. Business-Type Activities ............................................................................................................................. 97 C. Component Unit .......................................................................................................................................... 97 Note 11 – Risk Management ......................................................................................................................................... 97 Note 12 – Pension Plans ................................................................................................................................................ 99 A. Summary ..................................................................................................................................................... 99 B. City Miscellaneous Plan ............................................................................................................................ 100 C. City Safety Plan ......................................................................................................................................... 105 D. Component Unit Miscellaneous Plan ........................................................................................................ 110 Note 13 – Other Postemployment Benefits ............................................................................................................... 116 A. Summary ................................................................................................................................................... 116 B. General Information about OPEB ............................................................................................................. 116 C. Total OPEB Liability, OPEB Expense and Deferred Outflows/Inflows of Resources Related to OPEB ........................................................................................................ 117 City of Madera
Index of Notes to the Basic Financial Statements (Continued) For the Year Ended June 30, 2024
55 Note 14 – Deferred Compensation Plan .................................................................................................................... 119 A. City ............................................................................................................................................................ 119 B. Component Unit ........................................................................................................................................ 120 Note 15 – Service Concession Agreement ................................................................................................................. 120 Note 16 – Other Required Disclosures ...................................................................................................................... 120 A. Deficit Fund Balances/Net Position .......................................................................................................... 120 Note 17 – Fund Balance Classification ...................................................................................................................... 121 Note 18 – Net Investment in Capital Assets .............................................................................................................. 122 Note 19 – Commitments and Contingencies ............................................................................................................. 122 A. Litigation ................................................................................................................................................... 122 B. Contingent Liabilities ................................................................................................................................ 122 C. Federal and State Grants ........................................................................................................................... 122 D. Contractual Commitments ........................................................................................................................ 123 E. Encumbrances ........................................................................................................................................... 123 56 This page intentionally left blank.

City of Madera
Notes to the Basic Financial Statements
For the Year Ended June 30, 2024
57 Note 1 – Summary of Significant Accounting Policies
The basic financial statements of the City of Madera, California (the “City”) have been prepared in conformity with Accounting Principles Generally Accepted in the United States of America (“U.S. GAAP”) as applied to governmental agencies. The Governmental Accounting Standards Board (“GASB”) is the accepted standard setting body for establishing governmental accounting and financial reporting standards in the United States. The more significant of the City’s accounting policies are described below.

A. Financial Reporting Entity
The City was incorporated in 1907 under the general laws of the State of California. The City operates under a Council-Manager form of government and provides the following services: public protection, health and social services, public ways and facilities, community development (planning, building and zoning), culture-recreation, public utilities (water, sewer, solid waste, and drainage operations), airport services, local transportation, golf course, and general administrative services.

Blended Component Units
The financial reporting entity consists of the primary government, the City, and its component units. Component units are legally separate entities for which the elected officials of the primary government are financially accountable. In addition, component units can be other organizations for which the primary government is accountable and their exclusion would cause the reporting entity’s financial statements to be misleading or incomplete.

Blended component units, although legally separate entities, are, in substance part of the government’s operation.

As a result, data from these units are combined with data of the primary government. Discretely presented component units, on the other hand, are reported in a separate column in the combined financial statements to emphasize that they are legally separate from the government.

Although the following are legally separate from the City, they have been “blended” as though they are part of the City because the component unit’s governing body is substantially the same as the City’s and there is a financial benefit or burden relationship between the City and the component unit; management of the City has operational responsibilities for the component units; and/or the component units provide services entirely, or almost entirely, to the City or otherwise exclusively, or almost exclusively, benefits the City, even though it does not provide services directly to it.

Madera Public Financing Authority (Financing Authority) The Madera Public Financing Authority (“Financing Authority”) was created in 1989. The Financing Authority is a joint exercise of joint powers. The City Council serves as directors of the Financing Authority. The purpose of the Financing Authority is to act as a financing/lending type of entity only. No separate annual financial statements are prepared for the Financing Authority. Since the City Council previously served as the government board for this component unit, the City’s component unit was considered to be a blended component unit.

Blended component units, although legally separate entities, are in substance, part of the City’s operations and financial information was reported with the primary government.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
58 Note 1 – Summary of Significant Accounting Policies (Continued) A. Financial Reporting Entity (Continued)
Discretely Presented Component Units
A discretely presented component unit is reported in a separate column in the government-wide financial statements to emphasize that it is legally separate from the City.

Housing Authority of the City of Madera (Housing Authority) The Housing Authority of the City of Madera (“Housing Authority”) is a governmental entity authorized in accordance with state law to engage in the development, acquisition, leasing, and administration of low-rent housing programs. The Housing Authority is governed by a Board of Commissioners, which is comprised of members of the City Council. Management of the Housing Authority is appointed and held accountable to the Governing Board. The Housing Authority has a September 30 fiscal year end in order to align with other Housing Authorities in California. The Housing Authority’s September 30 fiscal year-end audited financial statements are included in the City’s basic financial statements as a discretely presented component unit. Complete financial statements for the Housing Authority may be obtained from the administrative offices located at 205 North G St, Madera, CA 93637.

The Housing Authority and the City have different fiscal years, which can result in timing differences in transactions between the Housing Authority and the City as noted in the basic financial statements.

B. Basis of Presentation, Accounting and Measurement Focus The accounts of the City are organized on the basis of funds, each of which is considered a separate accounting entity. The operations of each fund are accounted for by providing a separate set of self-balancing accounts that comprise its assets, deferred outflows of resources, liabilities, deferred inflows of resources, fund equity, revenues and expenditures or expenses, as appropriate. Fund accounting segregates funds according to their intended purpose and is used to aid management in demonstrating compliance with finance-related legal and contractual provisions. The minimum number of funds is maintained in accordance with legal and managerial requirements.

Government-Wide Financial Statements
The City’s Government-Wide Financial Statements include a Statement of Net Position and a Statement of Activities and Changes in Net Position. These statements present summaries of governmental and business-type activities for the City accompanied by a total column. Fiduciary activities of the City are not included in these statements.

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

Under the accrual basis of accounting, revenues, expenses, gains, losses, assets, deferred outflows of resources, liabilities, and deferred inflows of resources resulting from exchange and exchange-like transactions are recognized when the exchange takes place.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
59 Note 1 – Summary of Significant Accounting Policies (Continued) B. Basis of Presentation, Accounting and Measurement Focus (Continued) Government-Wide Financial Statements (Continued)
Revenues, expenses, gains, losses, assets, deferred outflows of resources, liabilities and deferred inflows of resources resulting from non-exchange transactions are recognized in accordance with the requirements of U.S.

GAAP. Program revenues include charges for services, special assessments, and payments made by parties outside of the reporting government's citizenry if that money is restricted to a particular program. Program revenues are netted with program expenses in the statement of activities to present the net cost of each program.

Program revenues for the City are classified in three categories:
 Charges for services
 Operating grants and contributions
 Capital grants and contributions
Certain eliminations have been made in regards to interfund activities, payables and receivables. All internal balances in the Statement of Net Position have been eliminated except those representing balances between the governmental activities and the business-type activities, which are presented as internal balances and eliminated in the total primary government column. In the Statement of Activities and Changes in Net Position, internal service fund transactions have been eliminated; however, those transactions between governmental and businesstype activities have not been eliminated. The following interfund activities have been eliminated:
 Due to/from other funds
 Advances to/from other funds
 Transfers in/out
Governmental Fund Financial Statements
Governmental Fund Financial Statements include a Balance Sheet and a Statement of Revenues, Expenditures, and Changes in Fund Balances. An accompanying schedule is presented to reconcile and explain the differences in Net Position as presented in these statements to the Net Position presented in the Government-Wide Financial Statements. The City has presented all major funds that met the applicable criteria.

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

Under the modified accrual basis of accounting, revenues are recognized in the accounting period in which they become both measurable and available to finance expenditures of the current period. Measurable means that the amounts can be estimated, or otherwise determined. Available means that the amounts were collected during the reporting period or soon enough thereafter to be available to finance the expenditures accrued for the reporting period. The City uses an availability period of 60 days for all revenues except grants, which use a six-month availability period.

Sales taxes, property taxes, franchise taxes, gas taxes, motor vehicle in-lieu, transient occupancy taxes, grants and interest associated with the current fiscal period are all considered to be susceptible to accrual and so have been recognized as revenues of the current fiscal period to the extent normally collected within the availability period.

Other revenue items are considered to be measurable and available when cash is received by the government.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
60 Note 1 – Summary of Significant Accounting Policies (Continued) B. Basis of Presentation, Accounting and Measurement Focus (Continued) Governmental Fund Financial Statements (Continued)
Revenue recognition is subject to the measurable and available criteria for the governmental funds in the fund financial statements. Exchange transactions are recognized as revenues in the period in which they are earned (i.e., the related goods or services are provided). Locally imposed derived tax revenues are recognized as revenues in the period in which the underlying exchange transaction upon which they are based takes place.

Imposed non-exchange transactions are recognized as revenues in the period for which they were imposed. If the period of use is not specified, they are recognized as revenues when an enforceable legal claim to the revenues arises or when they are received, whichever occurs first. Government-mandated and voluntary non-exchange transactions have been recognized as revenues when all applicable eligibility requirements have been met.

The Reconciliation of the Fund Financial Statements to the Government-Wide Financial Statements is provided to explain the differences created by the integrated approach of GASB Statement No. 34.

The City reports the following major governmental funds:

General Fund – This is the primary operating fund of the City. It accounts for all the general revenues of the City not specifically levied or collected for by other City funds and for expenditures related to the rendering of general services by the City.

General Development Impact Fee Fund – This fund accounts for and reports the proceeds of the AB1600 development impact fee monies that are restricted or committed to expenditures for the intended purposes.

Measure “T” Sales Tax Fund – This fund is used to account for the receipt of sales tax revenue paid to the City as a subvention from the State of California. These funds support maintenance activities and finance street construction projects as provided by State law.

American Rescue Plan Act Fund – This fund used to account for the grant revenues received and expenditures incurred through the American Rescue Plan Act.

Discretely Presented Component Unit Financial Statements The activities of the Housing Authority closely resemble those of ongoing businesses in which the purpose is to conserve and add to basic resources while meeting operating expenses from current revenues. The Housing Authority which provides services on a continuous basis, has its activities are substantially financed by revenues derived from user charges and contributions from the member agencies. The Housing Authority utilizes the accrual basis of accounting. Revenues are recognized when earned and expenses are recognized as they are incurred.

Proprietary Fund Financial Statements
Proprietary Fund Financial Statements include a Statement of Net Position, a Statement of Revenues, Expenses, and Changes in Fund Net Position, and a Statement of Cash Flows for each major Proprietary Fund and an aggregate total column for all non-major Proprietary funds.

A separate column representing internal service funds is also presented in these statements. However, internal service balances and activities have been combined with the governmental activities in the Government-Wide Financial Statements. The City’s internal service funds include funds which provide services directly to other City funds. These areas of service include fleet operations, facilities maintenance, and technology.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
61 Note 1 – Summary of Significant Accounting Policies (Continued) B. Basis of Presentation, Accounting and Measurement Focus (Continued) Proprietary Fund Financial Statements (Continued)
Proprietary funds are accounted for using the "economic resources" measurement focus and the accrual basis of accounting. Accordingly, all assets and liabilities (whether current or noncurrent) are included on the Statement of Net Position. The Statement of Revenues, Expenses, and Changes in Fund Net Position presents increases (revenues) and decreases (expenses) in total Net Position. Under the accrual basis of accounting, revenues are recognized in the period in which they are earned while expenses are recognized in the period in which the liability is incurred. In these funds, receivables have been recorded as revenue and provisions have been made for uncollectible amounts.

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

The City reports the following major proprietary funds:

Water Fund – This fund is used to account for the provision of water services to the residential, commercial and industrial segments of the City. All activities necessary to provide such services are accounted for in this fund, including, but not limited to, administration, operations, maintenance, financing and related debt service, and billing and collection.

Sewer Fund – This fund is used to account for the provision of sewer treatment to residential, commercial and industrial segments of the City. All activities necessary to provide such services are accounted for in this fund, including, but not limited to, administration, operations, maintenance, financing and related debt service, and billing and collection.

Solid Waste Fund – This fund is used to account for City’s activities related to solid waste removal and street cleaning activities.

Drainage Operations Fund – This fund is used to account for the City’s activities related to drainage operations.

Internal service fund balances and activities have been combined with governmental activities in the Government-Wide Financial Statements, and are comprised of the following funds:

Fleet Operations Fund – This fund is used to account for the accumulation and allocation of costs associated with the maintenance of the City fleet of vehicles.

Facilities Maintenance Fund – This fund is used to account for the accumulation and allocation of costs associated with the maintenance of the City Hall building and other City buildings.

Technology Fund – This fund is used to account for the costs associated with automation maintenance of the City's various computers, servers and interdepartmental electronic communications.

Fiduciary Fund Financial Statements
Fiduciary fund financial statements include a Statement of Net Position and a Statement of Changes in Fiduciary Net Position. The City’s fiduciary funds represent custodial funds and private purpose trust funds. Both custodial funds and the private purpose trust funds are accounted for on the full accrual basis of accounting.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
62 Note 1 – Summary of Significant Accounting Policies (Continued) B. Basis of Presentation, Accounting and Measurement Focus (Continued) Fiduciary Fund Financial Statements (Continued)
Fiduciary fund types are accounted for according to the nature of the fund. Custodial funds are used to report fiduciary activities that are not required to be reported in pension (and other employee benefit) trust funds, investment trust funds, or private-purpose trust funds. Such funds include and General Deposits Fund. They are also used to account for various assessment districts for which the City acts as an agent for debt service activity, as the City is prohibited from levying additional taxes for these districts. Such funds include Community Facilities Districts.

The City’s private purpose trust fund is a fiduciary fund type used by the City to report assets, liabilities and activities of the Successor Agency to the Redevelopment Agency (“Successor Agency”) for the City of Madera.

Its results of operations are presented on the Statement of Changes of Fiduciary Net Position.

Successor Agency of the Redevelopment Agency for the City of Madera The Redevelopment Obligation Retirement Fund was created to serve as a custodian for the assets and to wind down the affairs of the RDA on February 1, 2012, pursuant to Assembly Bill x1 26. Its purpose is to expeditiously wind down the affairs of the dissolved Redevelopment Agency (“RDA”). The Successor Agency is a separate public entity from the City, subject to the direction of an oversight board. The City Council serves as the governing board of the Successor Agency. In general, the Successor Agency’s assets can only be used to pay enforceable obligations in existence at the date of dissolution (including the completion of any unfinished projects that were subject to legally enforceable contractual commitments).

In future fiscal years, the Successor Agency will only be allocated revenue in the amount that is necessary to pay the estimated annual installment payments on enforceable obligations of the former RDA until all enforceable obligations of the former RDA have been paid in full and all assets have been liquidated. Based upon the nature of the Successor Agency’s custodial role, the Successor Agency has been included in the accompanying basic financial statements as a private purpose trust fund. On March 6, 2015, the California Department of Finance (Finance) approved the City’s revised Long-Range Property Management Plan (“LRPMP”), with the assets deemed for governmental use and future development.

C. Deferred Outflows and Inflows of Resources
The Statement of Net Position and Balance Sheet – Governmental Funds reports separate sections for Deferred Outflows of Resources, and Deferred Inflows of Resources, when applicable.

Deferred Outflows of Resources represent a consumption of net assets that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/ expenditure) until then.

Deferred Inflows of Resources represent an acquisition of net assets that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time.

D. Cash, Cash Equivalents and Investments
The City pools its available cash for investment purposes. The City considers pooled cash and investment amounts, with original maturities of three months or less, to be cash equivalents.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
63 Note 1 – Summary of Significant Accounting Policies (Continued) D. Cash, Cash Equivalents and Investments (Continued)
Investments are reported in the accompanying financial statements at fair value, except for certain investment contracts that are reported at cost because they are not transferable and they have terms that are not affected by changes in market interest rates. Changes in fair value that occur during a fiscal year are recognized as investment income reported for that fiscal year, and may result in negative investment income in the accompanying financial statements. Investment income includes interest earnings, changes in fair value, and any gains or losses realized upon the liquidation, maturity, or sale of investments.

Investment income earned by the pooled investments is allocated to the various funds based on each fund's average cash and investment balance, except for investment income associated with funds not legally required to receive pooled investment income which has been assigned to and recorded as revenue of the general fund, as provided by California Government Code Section 53647.

For purposes of the statement of cash flows, amounts reported as cash and cash equivalents, include amounts on deposit in the City pool and any short-term, highly liquid investments that are both readily convertible to known amounts of cash or so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.

Certain disclosure requirements, if applicable, for deposits and investment risks in the following areas:
 Interest rate risk
 Credit risk
- Overall
- Custodial credit risk
- Concentration of credit risk
 Foreign currency risk
U.S. GAAP establishes a framework for measuring fair value, and establishes disclosures about fair value measurement. Investments, unless otherwise specified, recorded at fair value in the Statements of Net Position, are categorized based upon the level of judgment associated with the inputs used to measure their fair value.

In addition, other disclosures are specified including use of certain methods to present deposits and investments, highly sensitive investments, credit quality at year-end and other disclosures.

Levels of inputs are as follows:

Level 1 – Inputs are unadjusted, quoted prices for identical assets or liabilities in active markets at the measurement date.

Level 2 – Inputs, other than quoted prices included in Level 1, which are observable for the assets or liabilities through corroboration with market data at the measurement date.

Level 3 – Unobservable inputs that reflect management’s best estimate of what market participants would use in pricing the assets or liabilities at the measurement date.

E. Restricted Assets
Amounts reported as restricted assets have been restricted by bond indentures or are to be used for specified purposes based on contract provisions, such as bonded debt service.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
64 Note 1 – Summary of Significant Accounting Policies (Continued) F. Receivables
Customer or trade receivables are reported as “accounts receivable” and are shown net of an allowance for uncollectible accounts based on historical and management estimates.

Noncurrent portions of long-term receivables (e.g., “notes receivable”) due to governmental fund types are reported in their respective balance sheets despite their spending measurement focus. Recognition of governmental fund type revenues represented by noncurrent receivables are deferred until they become current receivables. Noncurrent portions of long-term notes receivable are offset by restricted fund balance in the special revenue funds.

G. Interfund Transactions
Activity between funds that are representative of lending/borrowing arrangements outstanding at the end of the fiscal year are referred to as either “due to/from other funds” or “advances to/from other funds” (i.e., the current portion of interfund loans). Any residual balances outstanding between the governmental activities and businesstype activities are reported in the Governmental-Wide Financial Statements as “internal balances.” H. Inventory
Inventories are valued at cost using the first-in/first-out (FIFO) method and consist of expendable supplies and vehicle repair parts. The cost of such inventories is recorded as expenditure/expenses when consumed rather than when purchased. Inventory reported in governmental funds is offset with nonspendable fund balance to show that inventories do not constitute available spendable resources, even though they are a component of fund balance.

I. Prepaid Items
Prepaid items are reported in the governmental funds under the consumption method and are reported as a nonspendable component of fund balance to indicate that they are not spendable for appropriation and are not expendable financial resources.

J. Leases
The City is a lessor for leases of special purpose facilities, office and commercial space, and land. The City recognizes leases receivable and deferred inflows of resources in the financial Statements.

At the commencement of a lease, the City initially measures the lease receivable at the present value of payments expected to be received during the lease term. Subsequently, the lease receivable is reduced by the principal portion of lease payments received. The deferred inflows of resources are initially measured as the initial amount of the lease receivable, adjusted for lease payments received at or before the lease commencement date.

Subsequently, the deferred inflows of resources are recognized as revenue over the life of the lease term in a systematic and rational method.

Key estimates and judgments include how the City determines (1) the discount rate it uses to discount the expected lease receipts to present value, (2) lease term, and (3) lease receipts.  The City uses its estimated incremental borrowing rate as the discount rate for leases.  The lease term includes the noncancellable period of the lease. Lease receipts included in the measurement of the lease receivable is composed of fixed payments from the lessee.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
65 Note 1 – Summary of Significant Accounting Policies (Continued) J. Leases (Continued)
The City monitors changes in circumstances that would require a remeasurement of its lease and will remeasure the lease receivable and deferred inflows of resources if certain changes occur that are expected to significantly affect the amount of the lease receivable.

K. Subscription-Based Information Technology Arrangements (SBITAs) The City has a policy to recognize a SBITA liability and a rightဨtoဨuse subscription asset (SBITA asset) in our financial statements with an initial, individual value of $50,000 or more with a subscription term greater than one year.

At the commencement of a subscription, when the subscription asset is placed into service, the SBITA liability is measured at the present value of payments expected to be made during the subscription term. Future subscription payments are discounted using the City's incremental borrowing rate and the City recognizes amortization of the discount on the subscription liability as interest expense in subsequent financial reporting periods.

SBITA assets are measured as the sum of the initial subscription liability, payments made to the SBITA vendor before the commencement of the lease term, and capitalizable implementation costs less any incentives received from the SBITA vendor at or before the commencement of the subscription term. Subscription assets are amortized using the straight-line method over the subscription term.

Key estimates and judgments related to SBITAs include how the City determines (1) the discount rate it uses to discount the expected subscription payments to present value, (2) subscription term, and (3) subscription payments.
- The City uses the interest rate charged by the SBITA vendor as the discount rate. When the interest rate charged by the SBITA vendor is not provided, the City generally uses its estimated incremental borrowing rate as the discount rate for SBITAs.
- The subscription term includes the period during which the City has a noncancelable right to use the underlying IT asset. The subscription term also includes periods covered by an option to extend if it is reasonably certain to be exercised.
- Subscription payments included in the measurement of the subscription liability are composed of fixed payments and purchase option years that the City is reasonably certain to exercise. The City monitors changes in circumstances that would require a remeasurement of a subscription and will remeasure any subscription asset and liability if certain changes occur that are expected to significantly affect the amount of the subscription liability.

Right-to-use subscription assets are reported along with other capital assets and subscription liabilities are reported as long-term debt on the statement of net position.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
66 Note 1 – Summary of Significant Accounting Policies (Continued) L. Land Held for Resale
Land held for resale represents land, structures, and related improvements that were acquired for resale as part of the City’s redevelopment and grant activities. Land held for resale is accounted for is recorded at lower of cost or net realizable value in accordance with U.S. GAAP. Land held for resale, which is not available for current expenditure, is reported in the governmental funds balance sheet as restricted fund balance when proceeds from the sale must be used for restricted purposes or as nonspendable fund balance when such proceeds are not restricted.

M. Capital Assets
Capital assets, which include property, plant, equipment and infrastructure assets, are reported in the applicable governmental or business-type activities columns in the government-wide financial statements. Such assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated assets are valued at the fair value of the assets on the date on which they were contributed. Donated works of art and similar items, and capital assets received in a service concession arrangement are reported at acquisition value rather than fair value.

The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend assets lives are not capitalized. The City utilizes a capitalization threshold of $5,000 - $25,000 depending on asset type.

Depreciation is charged to operations using the straight-line method over the estimated useful lives of the assets as follows:

Asset Type Years
Buildings 25-35
Improvements 5-50
Equipment 4-15
Infrastructure 10-50
For all infrastructure systems, the City elected to use the Basic Approach as defined by GASB Statement No. 34 for infrastructure reporting. The City defines infrastructure as the basic physical assets that allow the City to function. The assets include the streets, water purification and distribution system, sewer collection and treatment system, parks and recreation, lands and improvement system, storm water conveyance system, and buildings combined with the site amenities such as parking and landscaped areas used by the City in the conduct of its business. Each major infrastructure system can be divided into subsystems. For example, the street system can be subdivided into pavement, curb and gutters, sidewalks, medians, streetlights, traffic control devices (signs, signals and pavement markings), landscaping and land. These subsystems were not delineated in the basic financial statements. The appropriate operating department maintains information regarding the subsystems.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
67 Note 1 – Summary of Significant Accounting Policies (Continued) N. Long-Term Debt
Government-Wide Financial Statements and Proprietary Fund Financial Statements Long-term debt and other financial obligations are reported as liabilities in the appropriate funds. Bond premiums and discounts are deferred and amortized over the life of the bonds using straight line method. Bonds payable are reported net of the applicable premium or discount. Issuance costs are expensed when incurred. Gains or losses on bond refunding are reported as either deferred outflows of resources or deferred inflows of resources and amortized over the term of the related debt.

Governmental Fund Financial Statements
The governmental fund financial statements do not present long-term debt but are shown in the Reconciliation of the Governmental Funds Balance Sheet to the Government-Wide Statement of Net Position. Governmental fund types recognize bond premiums and discounts during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Debt issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt service expenditures.

O. Compensated Absences
The City’s policy permits employees to accumulate earned but unused vacation benefits, which are eligible for payment upon separation from government service. The liability for such leave is reported as incurred in the government-wide and proprietary fund financial statements. A liability for those amounts is recorded in the governmental funds only if the liability has matured as a result of employee resignations or retirements. The liability for compensated absences includes salary-related benefits, where applicable.

Government-Wide Financial Statements
For governmental and business-type activities, compensated absences are recorded as expenses when earned.

Fund Financial Statements
For governmental funds, compensated absences are recorded as expenditures in the year paid. The General Fund is typically used to liquidate compensated absences. In proprietary funds, compensated absences are expensed to the various funds in the period they are earned, and such fund’s share of the unpaid liability is recorded as a longterm liability of the fund.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
68 Note 1 – Summary of Significant Accounting Policies (Continued) P. Pension Plans
For purposes of measuring the net pension liability, deferred outflows of resources and deferred inflows of resources related to pensions, and pension expense, information about the fiduciary net position of the plans and additions to/deductions from the plans’ fiduciary net position have been determined on the same basis as they are reported by the plans (Note 12). For this purpose, benefit payments (including refunds of employee contributions) are recognized when due and payable in accordance with benefit terms. Investments are reported at fair value.

The General Fund and Internal Service Funds are typically used to liquidate the pension liability related to the City's governmental activities while the pension liability for Business-type activities is liquidated from the respective Enterprise Funds.

The following timeframes are used for pension reporting:

Valuation date June 30, 2022
Measurement date June 30, 2023
Measurement period July 1, 2022 to June 30, 2023
Gains and losses related to changes in total pension liability and fiduciary net position are recognized in pension expense systematically over time. The first amortized amounts are recognized in pension expense for the year the gain or loss occurs. The remaining amounts are categorized as deferred outflows and deferred inflows of resources related to pensions and are to be recognized in future pension expense. The amortization period differs depending on the source of the gain or loss. The difference between projected and actual earnings is amortized straight-line over 5 years. All other amounts are amortized straight-line over the average expected remaining service lives of all members that are provided with benefits (active, inactive, and retired) as of the beginning of the measurement period.

Q. Other Postemployment Benefits (OPEB)
For purposes of measuring the net OPEB liability, deferred outflows of resources and deferred inflows of resources related to OPEB, and OPEB expense, information about the fiduciary net position of the OPEB plan, the assets of which are held in an irrevocable trust, and additions to/deductions from the OPEB plan’s fiduciary net position have been determined by an independent actuary (Note 13). For this purpose, benefit payments are recognized when currently due and payable in accordance with the benefit terms. Investments are reported at fair value. The General Fund and Internal Service Funds are typically used to liquidate the OPEB liability related to the City's governmental activities while the OPEB liability for Business-type activities is liquidated from the respective Enterprise Funds.

Generally accepted accounting principles require that the reported results must pertain to liability and fiduciary net position information within certain defined timeframes. For this report, the following timeframes are used:

Valuation date June 30, 2022
Measurement date June 30, 2023
Measurement period July 1, 2022 to June 30, 2023
City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
69 Note 1 – Summary of Significant Accounting Policies (Continued) R. Fund Balances
As prescribed by U.S. GAAP, governmental funds report fund balance in classifications based primarily on the extent to which the City is bound to honor constraints on the specific purposes for which amounts in the funds can be spent. As of June 30, 2024, fund balances for governmental funds are made up of the following:
 Nonspendable Fund Balance – includes amounts that are: (a) not in a spendable form, or (b) legally or contractually required to be maintained intact. The “not in spendable form” criterion includes items that are not expected to be converted to cash, for example: deposits and prepaid items.  Restricted Fund Balance – includes amounts that are restricted for specific purposes stipulated by external resources providers, constitutionally or through enabling legislation. Restrictions may effectively be changed or lifted with the consent of resource providers.  Committed Fund Balance – includes amounts that have been limited to specific purposes or through adoption of a resolution or an ordinance by the City Council, the highest level of decision-making authority of the City, and resources that have been specifically committed for use in satisfying contractual obligations, as in agreements with third-parties. The City has determined that both a resolution and an ordinance are equally binding. These commitments may be changed or lifted, but only by the same formal action that was used to impose the constraint originally. City Council action to commit fund balance must occur within the fiscal reporting period while the amount committed may be subsequently determined.  Assigned Fund Balance – includes amounts that are intended to be used by the City for specific purposes.

Intent is expressed by (a) the City Council or (b) a body or official to which the City Council has delegated the authority to assign amounts to be used for a specific purpose. This policy delegates to the Finance Director the authority to assign unassigned fund balance amounts where the City’s intent is for those amounts to be used for specific purposes. This delegation of authority is for the sole purpose of reporting these amounts in the annual financial statements.  Unassigned Fund Balance – includes amounts within the General Fund, the residual resources, either positive or negative in excess of what can be properly classified in one of the other four fund balance categories. Unassigned amounts are technically available for any purpose. Other governmental funds may only report a negative unassigned balance that was created after classification of fund balance in the nonspendable, restricted or committed categories.

When expenditures are incurred for purposes where only unrestricted fund balances are available, the City uses the unrestricted resources in the following order: committed, assigned, and unassigned.

S. Net Position
The financial statements utilize a net position presentation. Net position is classified as follows:
 Net Investment in Capital Assets – This category of net position consists of capital assets, net of accumulated depreciation and amortization and reduced by any debt outstanding and any deferred outflows/inflows of resources related to such borrowings that are attributable to the acquisition, construction or improvement of those assets. If there are significant unspent related debt proceeds at yearend, the portion of the debt attributable to the unspent proceeds is not included in the calculation of net investment in capital assets. Rather, that portion of the debt is offset by unspent proceeds.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
70 Note 1 – Summary of Significant Accounting Policies (Continued) S. Net Position (Continued)
 Restricted Net Position – This category presents restricted assets reduced by liabilities and deferred inflows of resources related to those assets. Those assets are restricted due to external restrictions imposed by creditors (such as through bond covenants), grantors or laws and regulations of other governments and restrictions imposed through constitutional provisions or enabling legislation.  Unrestricted – This category represents net position of the City that is not restricted for any project or other purpose.

When both restricted and unrestricted resources are available for use, the City’s policy is to use restricted resources first, then unrestricted resources that are needed.

T. Property Taxes
Property tax revenue is recognized in the fiscal year for which the taxes have been levied providing they become available. Available means due, or past due and receivable within the current period and collected within the current period or expected to be collected soon enough thereafter (not to exceed 60 days) to be used to pay liabilities in the current period.

Under California law, property taxes are assessed and collected by the counties at up to 1% of assessed value, plus other increases approved by the voters. The County of Madera, bills and collects the property taxes and remits them to the City at various times throughout the year. Property taxes are attached as an enforceable lien on property as of January 1. Taxes are levied on July 1 and are due in two installments. The first installment is due on November 1, and is payable through December 10 without penalty. The second installment is due February 1, and is payable through April 10 without penalty.

U. Use of Accounting Estimates
The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions, in some cases when applicable, that affect the amounts in the financial statements and the accompanying notes. Actual results could differ from the estimates.

V. Implementation of New GASB Pronouncements for the Year Ended June 30, 2024 The requirements of the following accounting standards are effective for the purpose of implementation, if applicable to the City, for the year ended June 30, 2024. The financial statements included herein apply the requirements and provisions of these statements, including necessary retroactive adjustments to financial statement classifications and presentations.

GASB Statement No. 100 – In June 2022, GASB issued Statement No. 100, Accounting Changes and Error Corrections – an Amendment of GASB Statement No. 62. The primary objective of this Statement is to enhance accounting and financial reporting requirements for accounting changes and error corrections to provide more understandable, reliable, relevant, consistent, and comparable information for making decisions or assessing accountability. Implementation of this Statement did not have a significant effect on the City’s financial statements for the fiscal year ended June 30, 2024.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
71 Note 1 – Summary of Significant Accounting Policies (Continued) W. Upcoming Government Accounting Standards Implementations The City is currently analyzing its accounting practices to determine the potential impact on the financial statements for the following GASB statements:

GASB Statement No. 101 – In June 2022, GASB issued Statement No. 101, Compensated Absences. The objective of this Statement is to better meet the information needs of financial statement users by updating the recognition and measurement guidance for compensated absences. That objective is achieved by aligning the recognition and measurement guidance under a unified model and by amending certain previously required disclosures. Application of this statement is effective for the City’s fiscal year ending June 30, 2025.

GASB Statement No. 102 – In December 2023, GASB issued Statement No. 102, Certain Risk Disclosures. This Statement requires a government to assess whether a concentration or constraint makes the primary government reporting unit or other reporting units that report a liability for revenue debt vulnerable to the risk of a substantial impact. Additionally, this Statement requires a government to assess whether an event or events associated with a concentration or constraint that could cause the substantial impact have occurred, have begun to occur, or are more likely than not to begin to occur within 12 months of the date the financial statements are issued.

Application of this statement is effective for the City’s fiscal year ending June 30, 2025.

GASB Statement No. 103 – In April 2024, GASB issued Statement No. 103, Financial Reporting Model Improvements. The objective of this Statement is to improve key components of the financial reporting model to enhance its effectiveness in providing information that is essential for decision making and assessing a government’s accountability. Application of this statement is effective for the City’s fiscal year ending June 30, 2026.

GASB Statement No. 104 – In September 2024, GASB issued Statement No. 104, Disclosure of Certain Capital Assets. This Statement requires certain types of capital assets to be disclosed separately in the capital assets note disclosures required by Statement 34. Lease assets recognized in accordance with Statement No. 87, Leases, and intangible right-to-use assets recognized in accordance with Statement No. 94, Public-Private and Public-Public Partnerships and Availability Payment Arrangements, should be disclosed separately by major class of underlying asset in the capital assets note disclosures. Subscription assets recognized in accordance with Statement No. 96, Subscription-Based Information Technology Arrangements, also should be separately disclosed. In addition, this Statement requires intangible assets other than those three types to be disclosed separately by major class. Application of this statement is effective for the City’s fiscal year ending June 30, 2026.

Note 2 – Cash and Investments - City
A. Summary
Cash and investments are presented in the accompanying financial statements for the City at June 30, 2024 as follows:

Fiduciary Funds
Governmental Business-Type Statement of
Activities Activities Total Net Position Total
Cash and investments 109,766,484 $ 68,850,044 $ 178,616,528 $ 8,777,054 $ 187,393,582 $ Restricted cash and investments 2,517,025 2,057,640 4,574,665 54,567 4,629,232 Total cash and investments $ 70,907,684 112,283,509 $ 183,191,193 $ 8,831,621 $ 192,022,814 $ Government-Wide Statement of Net Position
City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
72 Note 2 – Cash and Investments – City (Continued)
A. Summary (Continued)
Cash and investments for the City at June 30, 2024, consisted of the following:

Cash:

Cash on hand $ 7,201
Deposits with financial institution 21,003,574
Total cash 21,010,775
Investments:

Investments 166,382,807
Investments held by bond trustee 4,629,232
Total investments 171,012,039
Total cash and investments $ 192,022,814
As part of the City's investment guidelines, the City continually seeks ways to increase investment income while not risking investment principal. One way the City accomplishes this is by “sweeping”, on a nightly basis, any excess cash held in its non-interest-bearing checking account to an interest-bearing money market account with the same bank.

B. Demand Deposits
The carrying amounts of the City’s demand deposits were $21,003,574 at June 30, 2024. Bank balances were $21,498,463 at that date, the total amount of which was collateralized or insured with securities held by the pledging financial institutions in the City’s name as discussed below.

The California Government Code requires California banks and savings and loan associations to secure the City’s cash deposits by pledging securities as collateral. This Code states that collateral pledged in this manner shall have the effect of perfecting a security interest in such collateral superior to those of a general creditor.

Thus, collateral for cash deposits is considered to be held in the City's name.

The market value of pledged securities must equal at least 110% of the City's cash deposits. California law also allows institutions to secure City’s deposits by pledging first trust deed mortgage notes having a value of 150% of the City’s total cash deposits. The City may waive collateral requirements for cash deposits, which are fully insured up to $250,000 by the Federal Deposit Insurance Corporation (“FDIC”). The City, however, has not waived the collateralization requirements.

C. Investments Authorized by the California Government Code and the City’s Investment Policy The table below identifies the investment types that are authorized for the City by the California Government Code and the City's investment policy. The table also identifies certain provisions of the California Government Code (or the City's investment policy, if more restrictive) that address interest rate risk and concentration of credit risk. This table does not address investments of debt proceeds held by bond trustees that are governed by the provisions of debt agreements of the City, rather than the general provisions of the California Government Code or the City's investment policy.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
73 Note 2 – Cash and Investments – City (Continued)
C. Investments Authorized by the California Government Code and the City’s Investment Policy (Continued) Maximum Maximum
Maximum Percentage Investment in
Authorized Investment Types Maturity of Portfolio One Issuer* Local Agency Bonds, Notes, Warrants 5 years None None
Registered State Bonds, Notes, Warrants 5 years None None U.S. Treasury Obligations 5 years None None
U.S. Agency Securities 5 years None None
Banker's Acceptances 180 days 40% 30%
Commercial Paper 270 days 25% 10%
Negotiable Certificates of Deposit 5 years 30% None
Repurchase Agreements 1 year None None
Reverse Repurchase Agreements 92 days 20% of base None
Medium-Term Corporate Notes 5 years 30% None
Mutual Funds N/A 20% 10%
Money Market Mutual Funds N/A 20% 10%
Mortgage Pass-Through Securities 5 years 20% None
County Pooled Investment Funds N/A None None
Local Agency Investment Fund N/A None None
Joint Powers Authority Pools N/A None None
* Based on state law requirements or City investment policy requirements, whichever is more restrictive.

D. Investments Authorized by Debt Agreements
Investment of debt proceeds held by fiscal agents are governed by provisions of the debt agreements, rather than the general provisions of the California Government Code or the City’s investment policy. The table below identifies the investment types that are authorized for investments held by fiscal agents. The table also identifies certain provisions of these debt agreements that address interest rate risk and concentration of credit risk.

Maximum Maximum
Maximum Percentage Investment in
Authorized Investment Types Maturity Allowed One Issuer U.S. Treasury Obligations None None None
U.S. Agency Securities None None None
Banker's Acceptances 180 days None None
Commercial Paper 270 days None None
Money Market Mutual Funds N/A None None
Investment Contracts 30 years None None
City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
74 Note 2 – Cash and Investments – City (Continued)
E. Fair Value Measurement
As of June 30, 2024, the City’s investments had the following recurring fair value measurements:

Investments measured by fair value level: June 30, 2024 Level 2 Negotiable Certificates of Deposit 10,438,544 $ 10,438,544 $ Municipal bonds 2,925,210 2,925,210
U.S. Treasury Obligations 24,948,783 24,948,783
U.S. Government Securities:

Federal Home Loan Bank 35,023,392 35,023,392
Federal Farm Credit Bank 6,156,202 6,156,202
Federal Home Loan Mortgage Corporation 11,237,801 11,237,801 Federal National Mortgage Association 10,435,310 10,435,310 Federal Agricultural Mortgage Corporation 12,921,200 12,921,200 U.S. Corporate Bonds 8,749,640 8,749,640
Total investments by fair value level 122,836,082 122,836,082 $ Investments not subject to the fair value hierarchy:

Local Agency Investment Fund 33,290,503
Money market mutual funds 13,391,454
Certificates of deposit 1,494,000
Total investments not subject to the fair value hierarchy 48,175,957 Total investments $ 171,012,039
Debt and equity securities classified in Level 2 are valued using the following approaches:
• U.S. Treasuries, U.S. Agencies, and Commercial Paper: quoted prices for identical securities in markets that are not active;
• Medium term notes: quoted prices for similar securities in active markets; and • Asset-backed securities: recent appraisals of the asset value.

F. Risk Disclosure
Disclosures Relating to Interest Rate Risk
Interest rate risk is the risk that changes in market interest rate will adversely affect the fair value of an investment. Generally, the longer the maturity of an investment, the greater the sensitivity of its fair value to changes in market interest rates. One of the ways that the City manages its exposure to interest rate risk is by purchasing a combination of shorter term and longer term investments and by timing cash flows from maturities so that a portion of the portfolio is maturing or coming close to maturity evenly over time as necessary to provide the cash flow and liquidity needed for operations.

Information about the sensitivity of the fair values of the City’s investments (including investments held by bond trustee) to market interest rate fluctuations is provided by the following table that shows the distribution of the City’s investments by maturity. For purposes of the schedule shown on the next page, any callable securities are assumed to be held to maturity.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
75 Note 2 – Cash and Investments – City (Continued)
F. Risk Disclosure (Continued)
Disclosures Relating to Interest Rate Risk (Continued)
Investment Type Total 1 year or less 1 - 2 Years 2 - 3 Years 3 - 4 Years 5+ Years Local Agency Investment Fund 33,290,503 $ 33,290,503 $ - $ - $ - $ - $ Money market mutual funds 8,762,222 8,762,222 - - - -
Municipal bonds 2,925,210 963,840 - 923,230 1,038,140 - Certificates of deposit 1,494,000 1,494,000 - - - -
Negotiable certificates of deposit 10,438,544 3,897,593 5,619,694 921,257 - - U.S. Treasury Obligations 24,948,783 11,093,253 5,003,942 - 8,851,588 - U.S. Government Securities:

Federal Home Loan Bank 35,023,392 10,502,262 5,606,170 11,902,250 1,994,680 5,018,030 Federal Farm Credit Bank 6,156,202 5,163,182 - - - 993,020 Federal Home Loan Mortgage Corporation 11,237,801 - 11,237,801 - - - Federal National Mortgage Association 10,435,310 4,566,010 1,893,240 - 1,992,400 1,983,660 Federal Agricultural Mortgage Corporation 12,921,200 997,070 1,992,820 1,995,860 975,890 6,959,560 U.S. corporate bonds 8,749,640 3,891,940 1,920,530 945,690 1,991,480 - Held by bond trustee:

Money market mutual funds 4,629,232 4,629,232 - - - -
Total investments $ 89,251,107 171,012,039 $ 33,274,197 $ 16,688,287 $ 16,844,178 $ 14,954,270 $ Investment Maturities
Disclosures Relating to Credit Risk
Generally, credit risk is the risk that an issuer of an investment will not fulfill its obligation to the holder of the investment. This is measured by the assignment of a rating by a nationally recognized statistical rating organization. However, some issuers do not seek a credit rating. For instance, the California Local Agency Investment Fund (LAIF) has not sought or received a credit rating. In these cases, the purchaser is solely responsible for performing their own due diligence before purchasing an investment or participating in an external investment pool. Certificates of deposit of $250,000 or less are fully insured by the Federal Deposit Insurance Corporation (FDIC), and therefore, do not seek a credit rating.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
76 Note 2 – Cash and Investments – City (Continued)
F. Risk Disclosure (Continued)
Disclosures Relating to Credit Risk (Continued)
Presented below is the minimum rating required by (where applicable) the California Government Code, the City’s investment policy, or debt agreements, and the actual rating as of year-end for each investment type.

Minimum Ratings
Legal at Year-End
Investment Type Total Rating AA or AAA Not Rated
Local Agency Investment Fund 33,290,503 $ N/A - $ 33,290,503 $ Money market mutual funds 8,762,222 A-1 - 8,762,222
Municipal bonds 2,925,210 AA+ 2,925,210 -
Certificates of deposit 1,494,000 AA+ - 1,494,000
Negotiable certificates of deposit 10,438,544 AA+ - 10,438,544 U.S. Treasury Obligations 24,948,783 AA+ 19,944,841 5,003,942 U.S. Government Securities:

Federal Home Loan Bank 35,023,392 AA 35,023,392 -
Federal Farm Credit Bank 6,156,202 AA 6,156,202 -
Federal Home Loan Mortgage Corporation 11,237,801 AA 11,237,801 - Federal National Mortgage Association 10,435,310 AA- 10,435,310 - Federal Agricultural Mortgage Corporation 12,921,200 AA- 12,921,200 - U.S. corporate bonds 8,749,640 AA 8,749,640 -
Held by bond trustee:

Money market mutual funds 4,629,232 AA+ - 4,629,232
Total investments $ 107,393,596 171,012,039 $ 63,618,443 $ Disclosure Relating to Concentration of Credit Risk
The investment policy of the City contains no limitations on the amount that can be invested in any one issuer beyond that stipulated in the Government Code. GASB Statement No. 40 requires disclosure by amount and issuer, of investments in any one issuer that represent 5% or more of total investments. At June 30, 2024, the following investments in one issuer (other than U.S. Treasury securities, mutual funds, and external investment pools) that represents 5% or more of the City's total investments.

Reported Percentage
Issuer Amount of Portfolio
Federal Home Loan Bank 35,023,392 $ 20.48%
Federal Home Loan Mortgage Corporation 11,237,801 6.57% Federal National Mortage Association 10,435,310 6.10%
Federal Agricultural Mortgage Corporation 12,921,200 U.S. Government Securities 7.56% U.S. Government Securities
U.S. Government Securities
Investment Type
U.S. Government Securities
Disclosures Relating to Custodial Credit Risk
Custodial credit risk for deposits is the risk that, in the event of the failure of a depository financial institution, a government will not be able to recover its deposits or will not be able to recover collateral securities that are in the possession of an outside party. The custodial credit risk for investments is the risk that, in the event of the failure of the counterparty (e.g., broker-dealer) to a transaction, a government will not be able to recover the value of its investment or collateral securities that are in the possession of another party.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
77 Note 2 – Cash and Investments – City (Continued)
F. Risk Disclosure (Continued)
Disclosures Relating to Custodial Credit Risk (Continued) The California Government Code and the City’s investment policy do not contain legal or policy requirements that would limit the exposure to custodial credit risk for deposits or investments, other than the following provision for deposits: The California Government Code requires that a financial institution secure deposits made by state or local governmental units by pledging securities in an undivided collateral pool held by a depository regulated under state law (unless so waived by the governmental unit). The market value of the pledged securities in the collateral pool must equal at least 110% of the total amount deposited by the public agencies.

California law also allows financial institutions to secure City deposits by pledging first trust deed mortgage notes having a value of 150% of the secured public deposits. At June 30, 2024, the City’s deposits (bank balances) were collateralized under California Law.

G. Investment in State Investment Pool
The City is a participant in LAIF which is regulated by California Government Code Section 16429 under the oversight of the Treasurer of the State of California. As of June 30, 2024, the City had $33,290,503 invested in LAIF. LAIF determines fair value on its investment portfolio based on market quotations for those securities where market quotations are readily available and based on amortized cost or best estimate for those securities where market value is not readily available. LAIF is reported at amortized cost, which approximates fair value.

Note 3 – Cash and Investments – Component Unit
A. Summary
Cash and investments are presented in the accompanying financial statements for the Component Unit at September 30, 2023 as follows:

Component
Unit
Cash and investments 8,808,810 $
Restricted cash and investments 1,638,118
Total cash and investments $ 10,446,928
Cash and investments for the Component Unit at September 30, 2023, consisted of the following:

Cash:

Cash on hand $ 100
Deposits with financial institution 3,350,745
Total cash 3,350,845
Investments:

Investments 7,096,083
Total investments 7,096,083
Total cash and investments $ 10,446,928
City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
78 Note 3 – Cash and Investments – Component Unit (Continued) B. Demand Deposits
The carrying amounts of the Component Unit’s demand deposits were $3,350,745 at September 30, 2023. Bank balances were $3,350,745 at that date, the total amount of which was collateralized or insured with securities held by the pledging financial institutions in the Component Unit’s name as discussed below.

The California Government Code requires California banks and savings and loan associations to secure the Component Unit’s cash deposits by pledging securities as collateral. This Code states that collateral pledged in this manner shall have the effect of perfecting a security interest in such collateral superior to those of a general creditor. Thus, collateral for cash deposits is considered to be held in the Component Unit's name.

The market value of pledged securities must equal at least 110% of the Component Unit's cash deposits.

California law also allows institutions to secure Component Unit’s deposits by pledging first trust deed mortgage notes having a value of 150% of the Component Unit’s total cash deposits. The Component Unit may waive collateral requirements for cash deposits, which are fully insured up to $250,000 by the Federal Deposit Insurance Corporation (“FDIC”). The Component Unit, however, has not waived the collateralization requirements.

C. Investments Authorized by the California Government Code and the Housing Authority’s Investment Policy
The Housing Authority’s investment policy only authorizes investment in the Local Agency Investment Fund (LAIF) administered by the State of California. The Housing Authority’s investment policy does not contain any specific provisions intended to limit its exposure to interest rate risk, credit risk, and concentration of credit risk.

D. Risk Disclosure
Disclosures Relating to Interest Rate Risk
Interest rate risk is the risk that changes in market interest rate will adversely affect the fair value of an investment. Generally, the longer the maturity of an investment, the greater the sensitivity of its fair value to changes in market interest rates. One of the ways that the Component Unit manages its exposure to interest rate risk is by purchasing a combination of shorter term and longer term investments and by timing cash flows from maturities so that a portion of the portfolio is maturing or coming close to maturity evenly over time as necessary to provide the cash flow and liquidity needed for operations.

Information about the sensitivity of the fair values of the Component Unit’s investments (including investments held by bond trustee) to market interest rate fluctuations is provided by the following table that shows the distribution of the Component Unit’s investments by maturity. For purposes of the schedule shown on the next page, any callable securities are assumed to be held to maturity.

Investment
Maturities
Investment Type Total 1 year or less
Local Agency Investment Fund 7,096,083 $ 7,096,083 $
City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
79 Note 3 – Cash and Investments – Component Unit (Continued) D. Risk Disclosure (Continued)
Disclosures Relating to Credit Risk
Generally, credit risk is the risk that an issuer of an investment will not fulfill its obligation to the holder of the investment. This is measured by the assignment of a rating by a nationally recognized statistical rating organization. However, some issuers do not seek a credit rating. For instance, the California Local Agency Investment Fund (LAIF) has not sought or received a credit rating. In these cases, the purchaser is solely responsible for performing their own due diligence before purchasing an investment or participating in an external investment pool. Certificates of deposit of $250,000 or less are fully insured by the Federal Deposit Insurance Corporation (FDIC), and therefore, do not seek a credit rating.

Presented below is the minimum rating required by (where applicable) the California Government Code, the Component Unit’s investment policy, or debt agreements, and the actual rating as of year-end for each investment type.

Minimum
Legal
Investment Type Total Rating Not Rated
Local Agency Investment Fund 7,096,083 $ N/A 7,096,083 $ Disclosure Relating to Concentration of Credit Risk
The investment policy of the Component Unit contains no limitations on the amount that can be invested in any one issuer beyond that stipulated in the Government Code. GASB Statement No. 40 requires disclosure by amount and issuer, of investments in any one issuer that represent 5% or more of total investments. At September 30, 2023, the had no investments in one issuer (other than U.S. Treasury securities, mutual funds, and external investment pools) that represents 5% or more of the Component Unit's total investments.

Disclosures Relating to Custodial Credit Risk
Custodial credit risk for deposits is the risk that, in the event of the failure of a depository financial institution, a government will not be able to recover its deposits or will not be able to recover collateral securities that are in the possession of an outside party. The custodial credit risk for investments is the risk that, in the event of the failure of the counterparty (e.g., broker-dealer) to a transaction, a government will not be able to recover the value of its investment or collateral securities that are in the possession of another party.

The California Government Code and the Component Unit’s investment policy do not contain legal or policy requirements that would limit the exposure to custodial credit risk for deposits or investments, other than the following provision for deposits: The California Government Code requires that a financial institution secure deposits made by state or local governmental units by pledging securities in an undivided collateral pool held by a depository regulated under state law (unless so waived by the governmental unit). The market value of the pledged securities in the collateral pool must equal at least 110% of the total amount deposited by the public agencies. California law also allows financial institutions to secure Component Unit deposits by pledging first trust deed mortgage notes having a value of 150% of the secured public deposits. At September 30, 2023, the Component Unit’s deposits (bank balances) were collateralized under California Law.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
80 Note 3 – Cash and Investments – Component Unit (Continued) E. Investment in State Investment Pool
The Component Unit is a participant in LAIF which is regulated by California Government Code Section 16429 under the oversight of the Treasurer of the State of California. As of September 30, 2023, the Component Unit had $7,096,083 invested in LAIF. LAIF determines fair value on its investment portfolio based on market quotations for those securities where market quotations are readily available and based on amortized cost or best estimate for those securities where market value is not readily available. LAIF is reported at amortized cost, which approximates fair value.

Note 4 – Notes Receivables
A. Governmental Activities
At June 30, 2024, notes receivable for government activities consisted of the following:

Allowance for Financial
Notes Receivable Doubtful Accounts Statement
Balance Balance Balance
June 30, 2024 June 30, 2024 June 30, 2024
City:

Residential Rehab Special Revenue Fund:

Madera Pacific Associates Loan 2,962,234 $ - $ 2,962,234 $ 100 Stadium Rd., LP Loan 5,034,343 - 5,034,343
Forgivable Loans 12,793,890 (12,793,890) -
Total Residential Rehab Special Revenue Fund 20,790,467 (12,793,890) 7,996,577 Low and Moderate Income Housing Fund - 7,000 7,000
Total City $ (12,793,890) 20,797,467 $ 8,003,577 $
Residential Rehab Special Revenue Fund
The City was awarded a $3 million-dollar federal grant from the HOME Investment Program (HOME) administered through the State of California. The proceeds of this grant were used to provide a $3 million loan to Madera Pacific Associates (MPA) for multi-family rental housing projects serving low and very low-income individuals through subordinate loans with terms up to 55 years. MPA is required to repay the loan through the net cash flow payments it receives from project operations. The loan balance at June 30, 2024 is $2,962,234, which is recorded as a note receivable in the Residential Rehab special revenue fund.

The City was awarded a $5 million-dollar federal grant from the HOME Investment Program (HOME) administered through the State of California. The proceeds of this grant were used to provide a $5 million loan to 100 Stadium Rd., L.P. for multi-family rental housing projects serving low and very low-income individuals through subordinate loans with terms up to 55 years. 100 Stadium Rd., L.P. is required to repay the loan through the net cash flow payments it receives from project operations. The loan balance at June 30, 2024 is $5,034,343, which is recorded as a note receivable in the Residential Rehab special revenue fund.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
81 Note 4 – Notes Receivables
A. Governmental Activities (Continued)
Forgivable Loans
The City administers the first time homebuyer, housing rehabilitation, and small business loan programs funded with various grants (i.e. CDBG, HOME, CalHome, NSP, etc.). Under these programs, individuals with incomes below certain levels are eligible to receive low interest loans. These loans are secured by deeds of trust on the properties. Deferred payment loans receivable under these forgivable loans are not required to be paid back unless the participating homeowner sells, transfers title to the property, or discontinues residence in the dwelling at which time the full amount of the deferred loan is due. These deferred payment loans are “nonperforming loans” and are not recorded as loans receivable in the financial statements.

Loans and related items as of June 30, 2024 are summarized as follows:

Outstanding
Loan Balance
Loan Type June 30, 2024 Due
First-time homebuyer 5,444,432 $ 30 years
Housing rehabilitation 1,509,296 30 years
Small business 5,840,162 10 years
Total $ 12,793,890
Low and Moderate Income Housing Asset Special Revenue Fund The Low and Moderate Income Housing Asset special revenue fund reports $7,000 of notes receivable. These were loans funded from the former Redevelopment Agency to developers for construction of affordable housing or rehabilitation within the boundaries of the Redevelopment Project Area. These low interest-bearing loans are secured by deeds of trust. Maturities vary according to terms and disposition of property.

B. Component Unit
Allowance for Financial
Notes Receivable Doubtful Accounts Statement
Balance Balance Balance
September 30, 2023 September 30, 2023 September 30, 2023 Component Unit:

Housing Authority for the City of Madera:

MORES Yosemite Manor, LP Loan 2,506,201 $ - $ 2,506,201 $ MORES Corporation Loans 372,382 - 372,382
Total Component Unit $ - 2,878,583 $ 2,878,583 $
The Housing Authority has a note receivable of $2,506,201, due from MORES Yosemite Manor, L.P., secured by first deed on land and building subject to note. Interest bearing on the outstanding principal balance at the rate of

4.21%, compounded annually. The term of the note commenced May 14, 2008 and expires on December 31, 2063. The note is due and payable from residual receipts per the loan agreement. As of September 30, 2023, the outstanding interest receivable amounted to $1,498,479.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
82 Note 4 – Notes Receivables (Continued)
B. Component Unit (Continued)
The Housing Authority has a promissory note made from March 2010 to May 2014 amounting to $440,872, due from Madera Opportunities for Resident Enrichment Services, Inc. (MORES), a California non-profit corporation. The promissory note is subject to various interest rates, payment start dates, and due dates. The note is secured by first and second deeds of trusts on buildings subject to the notes. The notes are due and payable from rental receipts per the loan agreements.

Note 5 – Lease Receivable
A. Governmental Activities
Certain portions of the City’s property is leased to others. Such property includes special purpose facilities, office and commercial space, and land. Lease receivable consists of agreements with other for the right-to-use of the underlying assets at various locations owned by the City. The terms of the arrangements range from 2 to 99 years.

The calculated interest rates used vary depending on the length of the lease. For the fiscal year ended June 30, 2024, the City recognized $31,006 in lease revenue and $8,516 in interest revenue.

A summary of changes in lease receivable for the fiscal year ended June 30, 2024 is as follows:

Balance Balance Due within Due in More
July 1, 2023 Additions Deletions June 30, 2024 One Year Than One Year Leases receivable 463,060 $ - $ (22,570) $ 440,490 $ 20,187 $ 420,303 $ Classification
As of June 30, 2024, the required payments for these leases, including interest, are:

Year Ending
June 30, Principal Interest Total
2025 20,187 $ 8,210 $ 28,397 $
2026 14,572 7,926 22,498
2027 15,421 7,640 23,061
2028 16,301 7,336 23,637
2029 17,212 7,016 24,228
2030-2034 100,900 29,634 130,534
2035-2039 129,003 18,684 147,687
2040-2042 126,894 5,111 132,005
Total $ 91,557 440,490 $ 532,047 $
B. Business-Type Activities
Certain portions of the City’s property is leased to others. Such property includes special purpose facilities, office and commercial space, and land. Lease receivable consists of agreements with other for the right-to-use of the underlying assets at various locations owned by the City. The terms of the arrangements range from 2 to 99 years.

The calculated interest rates used vary depending on the length of the lease. For the fiscal year ended June 30, 2024, the City recognized $43,419 in lease revenue and $16,238 in interest revenue.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
83 Note 5 – Lease Receivable (Continued)
B. Business-Type Activities (Continued)
Certain portions of the City’s property is leased to others. Such property includes special purpose facilities, office and commercial space, and land. Lease receivable consists of agreements with other for the right-to-use of the underlying assets at various locations owned by the City. The terms of the arrangements range from 2 to 99 years.

The calculated interest rates used vary depending on the length of the lease. For the fiscal year ended June 30, 2024, the City recognized $108,000 in lease revenue and $16,939 in interest revenue.

A summary of changes in lease receivable for the fiscal year ended June 30, 2024 is as follows:

Balance Balance Due within Due in More
July 1, 2023 Additions Deletions June 30, 2024 One Year Than One Year Leases receivable 858,946 $ 322,905 $ (101,082) $ 1,080,769 $ 101,856 $ 978,913 $ Classification
As of June 30, 2024, the required payments for these leases, including interest, are:

Year Ending
June 30, Principal Interest Total
2025 101,856 $ 16,166 $ 118,022 $
2026 102,712 15,310 118,022
2027 103,583 14,439 118,022
2028 104,466 13,555 118,021
2029 40,286 12,736 53,022
2030-2034 195,507 52,610 248,117
2035-2039 155,226 35,596 190,822
2040-2044 153,407 20,642 174,049
2045-2049 121,928 5,920 127,848
2050 1,798 3 1,801
Total $ 186,977 1,080,769 $ 1,267,746 $
Note 6 – Interfund Receivables, Payables, and Transfers A. Due To / From Other Funds
Amounts due to and due from other funds at June 30, 2024, were as follows:

Receivable Fund Payable Fund Amount Purpose
General Fund Federal Aid Urban Special Revenue Fund 218,457 $ Overdrawn Cash General Fund Street Construction Special Revenue Fund 291,344 Overdrawn Cash General Fund Intermodal Building Special Revenue Fund 9,469 Overdrawn Cash General Fund Park Development Special Revenue Fund 345,212 Overdrawn Cash General Fund Solar Energy Lease Capital Projects Fund 3,191,484 Overdrawn Cash General Fund Local Transit Enterprise Fund Overdrawn Cash 1,249,072 General Fund Golf Course Enterprise Fund Overdrawn Cash 492,080 Total $ 5,797,118
City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
84 Note 6 – Interfund Receivables, Payables, and Transfers (Continued) B. Transfers
Interfund transfers during the year ended June 30, 2024, consisted of the following:

Transfers In Transfers Out Amount Purpose
General Fund Community Facilities District Special Revenue Fund 351,821 $ Administrative cost General Fund Measure "T" Sales Tax Special Revenue Fund 860,000 Capital projects General Fund Solid Waste Disposal Enterprise Fund 572,903 Capital projects General Fund Special Gas Tax Special Revenue Fund 1,808,412 Capital projects General Fund Street Construction Special Revenue Fund 581,360 Capital projects General Fund Residential Rehabilitation Special Revenue Fund 45,000 Cost recovery General Fund Water Enterprise Fund 60,000 Cost recovery General Fund General Development Impact Fee Special Revenue Fund 143,771 Engineering costs Subtotal 4,423,267
Solar Energy Lease Capital Projects Fund Airport Enterprise Fund 36,782 Debt service Solar Energy Lease Capital Projects Fund Drainage Operations Enterprise Fund 20,922 Debt service Solar Energy Lease Capital Projects Fund General Fund 182,233 Debt service Solar Energy Lease Capital Projects Fund Intermodal Facility Special Revenue Fund 12,385 Debt service Solar Energy Lease Capital Projects Fund Internal Service Funds 268,022 Debt service Solar Energy Lease Capital Projects Fund Parking District Operations Special Revenue Fund 2,224 Debt service Solar Energy Lease Capital Projects Fund Sewer Enterprise Fund 279,275 Debt service Solar Energy Lease Capital Projects Fund Water Enterprise Fund 513,622 Debt service Subtotal 1,315,465
Residential Rehabilitation Special Revenue Fund General Fund 2,243 Capital projects Supplemental Law Enforcement Special Revenue Fund General Fund 260,608 Capital projects Water Enterprise Fund General Fund 481,186 Capital projects Sewer Enterprise Fund General Fund 271,860 Capital projects Drainage Operations Enterprise Fund General Fund 35,556 Capital projects Solid Waste Disposal Enterprise Fund General Fund 39,764 Capital projects Airport Enterprise Fund General Fund 9,840 Capital projects Golf Course Enterprise Fund General Fund 120,421 Capital projects Subtotal 1,221,478
Internal Service Funds General Fund 826,571 Cost recovery Internal Service Funds Water Enterprise Fund 40,000 Cost recovery Internal Service Funds Local Transit Enterprise Fund 57,000 Cost recovery Subtotal 923,571
Water Fund American Rescue Plan Act Special Revenue Fund 4,156,635 Capital projects Sewer Fund American Rescue Plan Act Special Revenue Fund 2,443,012 Capital projects Subtotal 6,599,647
Sewer Fund General Development Impact Fee Special Revenue Fund 253,468 Debt service Total $ 14,736,896
City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
85 Note 7 – Capital Assets
A. Governmental Activities
The summary of changes in governmental activities capital assets for the year ended June 30, 2024, is as follows:

Balance Balance
July 1, 2023 Additions Deletions Transfers June 30, 2024 Capital assets, not being depreciated
Land $ - 12,669,536 $ - $ - $ 12,669,536 $
Construction in progress 24,764,506 2,346,573 - (758,005) 26,353,074 Total capital assets, not being depreciated 37,434,042 2,346,573 - (758,005) 39,022,610 Capital assets, being depreciated/amortized
Building and improvements 32,969,138 1,290,758 (652,521) - 33,607,375 Infrastructure 313,519,091 606,389 (139,400) - 313,986,080 Equipment 18,311,532 1,550,119 (341,380) 758,005 20,278,276 Subscription assets 312,821 - - - 312,821
Total capital assets, being depreciated/amortized 365,112,582 3,447,266 (1,133,301) 758,005 368,184,552 Accumulated depreciation/amortization:

Building and improvements (10,956,849) (726,611) 33,713 - (11,649,747) Infrastructure (187,673,259) (6,082,255) 139,400 - (193,616,114) Equipment (10,427,959) (987,685) 341,380 - (11,074,264) Subscription assets (37,069) (101,224) - - (138,293)
Total accumulated depreciation/amortization (209,095,136) (7,897,775) 514,493 - (216,478,418) Total capital assets, being depreciated/amortized, net 156,017,446 (4,450,509) (618,808) 758,005 151,706,134 Total capital assets, net $ (2,103,936) 193,451,488 $ (618,808) $ - $ 190,728,744 $ Depreciation and amortization expense were charged to the functions/programs of the governmental activities as follows:

General government 4,870,927 $
Public protection 471,027
Social services 13,635
Public ways and facilities 1,166,968
Culture and recreation 644,856
Internal service funds 730,362
Total depreciation/amortization expense $ 7,897,775
City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
86 Note 7 – Capital Assets (Continued)
B. Business-Type Activities
The summary of changes in business-type activities capital assets for the year ended June 30, 2024, is as follows:

Balance Balance
July 1, 2023 Additions Deletions Transfers June 30, 2024 Capital assets, not being depreciated
Land 9,725,315 $ 225,700 $ - $ - $ 9,951,015 $
Construction in progress 2,944,282 6,122,945 - - 9,067,227 Total capital assets, not being depreciated 12,669,597 6,348,645 - - 19,018,242 Capital assets, being depreciated
Building and improvements 65,621,819 132,646 (58,389) - 65,696,076 Infrastructure 485,918 103,222,925 - - 103,708,843
Equipment 9,882,783 530,558 (497,765) - 9,915,576
Total capital assets, being depreciated 1,149,122 178,727,527 (556,154) - 179,320,495 Accumulated depreciation:

Building and improvements (41,012,337) (2,329,229) 6,033 - (43,335,533) Infrastructure (2,003,061) (46,148,640) - - (48,151,701) Equipment (3,216,564) (341,029) 497,765 - (3,059,828)
Total accumulated depreciation (90,377,541) (4,673,319) 503,798 - (94,547,062) Total capital assets, being depreciated, net 88,349,986 (3,524,197) (52,356) - 84,773,433 Total capital assets, net $ 2,824,448 101,019,583 $ (52,356) $ - $ 103,791,675 $ Depreciation expense was charged to the functions/programs of the business-type activities as follows:

Water 831,995 $
Sewer 2,424,541
Drainage operations 350,810
Local transit 486,118
Golf 282,180
Airport 297,675
Total depreciation expense $ 4,673,319
City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
87 Note 7 – Capital Assets (Continued)
C. Fiduciary Fund Financial Statements
The summary of changes in capital assets for fiduciary funds for the year ended June 30, 2024, is as follows:

Balance Balance
July 1, 2023 Additions Deletions June 30, 2024
Capital assets, not being depreciated
Land $ - 16,701 $ - $ 16,701 $
Total capital assets, not being depreciated 16,701 - - 16,701 Capital assets, being depreciated
Building and improvements 2,359,125 - - 2,359,125
Total capital assets, being depreciated - 2,359,125 - 2,359,125 Accumulated depreciation:

Building and improvements (865,377) (34,738) - (900,115) Total accumulated depreciation (865,377) (34,738) - (900,115) Total capital assets, being depreciated, net 1,493,748 (34,738) - 1,459,010 Total capital assets, net $ (34,738) 1,510,449 $ - $ 1,475,711 $ Depreciation expense for fiduciary fund financial statements for the year ended June 30, 2024 was $34,738.

D. Component Unit
The summary of changes in capital assets for the component unit for the twelve month period ended September 30, 2023, is as follows:

Balance Balance
October 1, 2022 Additions Deletions September 30, 2023
Capital assets, not being depreciated
Land $ - 675,827 $ - $ 675,827 $
Total capital assets, not being depreciated - 675,827 - 675,827 Capital assets, being depreciated
Building and improvements 30,789,400 214,340 - 31,003,740 Equipment 883,380 63,526 - 946,906
Total capital assets, being depreciated 277,866 31,672,780 - 31,950,646 Less: accumulated depreciation (26, (692,397) 571,377) - (27,263,774) Total capital assets, being depreciated, net 5,101,403 (414,531) - 4,686,872 Total capital assets, net $ (414,531) 5,777,230 $ - $ 5,362,699 $ Depreciation expense for the component unit for the twelve month period ended September 30, 2023 was $692,397.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
88 Note 8 – Long-Term Liabilities
A. Governmental Activities
A summary of changes in the long-term liabilities of the governmental activities for the year ended June 30, 2024, is as follows:

Balance Debt Debt Balance Due within Due in More
July 1, 2023 Issued Retired June 30, 2024 One Year Than One Year Governmental Activities:

Direct borrowings:

Subscription liability 209,417 $ - $ (100,243) $ 109,174 $ 102,831 $ 6,343 $ Finance purchase agreement 17,834,000 - (833,000) 17,001,000 856,000 16,145,000 Loans payable 299,800 - (117,400) 182,400 120,800 61,600 Public borrowings:

Lease revenue bonds:

Series 2019, New Fire Station 3,470,000 - (150,000) 3,320,000 155,000 3,165,000 plus: bond premium - 518,528 (32,408) 486,120 - 486,120 Total lease revenue bonds 3,988,528 - (182,408) 3,806,120 155,000 3,651,120 Total $ - 22,331,745 $ (1,233,051) $ 21,098,694 $ 1,234,631 $ 19,864,063 $ Classification
2019 Solar Energy Finance Purchase (Direct Borrowing)
On December 30, 2019, the City entered into an equipment finance purchase agreement in a direct placement transaction with Bank of America for an energy improvement and upgrade project (2019 Solar Equipment Finance Purchase) in the amount of $19,432,000. The energy project improvements include HVAC upgrade, LED lighting, solar streetlights, EV charging stations and PV solar.

The finance purchase transaction closed on December 30, 2019. The interest was capitalized for the first two years, with interest only payments beginning June 1, 2020 through June 1, 2021 and principal and interest due in semi-annual payments, payable June 1st and December 1st thereafter through December 1st, 2039, with an interest rate of 2.77%. At June 30, 2024, the outstanding balance was $17,001,000.

The annual debt service requirements at June 30, 2024 are as follows:

Year Ending
June 30, Principal Interest Total
2025 856,000 $ 459,072 $ 1,315,072 $
2026 880,000 435,029 1,315,029
2027 905,000 410,306 1,315,306
2028 930,000 384,891 1,314,891
2029 957,000 358,756 1,315,756
2030-2034 5,202,000 1,375,306 6,577,306
2035-2039 5,974,000 602,474 6,576,474
2040 1,297,000 17,963 1,314,963
Total $ 4,043,797 17,001,000 $ 21,044,797 $
City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
89 Note 8 – Long-Term Liabilities (Continued)
A. Governmental Activities (Continued)
2019 Solar Energy Lease Purchase (Direct Borrowing) (Continued) The City entered into finance purchase agreement whereby the City acquired certain capital assets and financed them to the City with the option to purchase. Unspent finance purchase proceeds are included in restricted cash and investments. The leased assets are included in capital assets and are summarized by major asset class below:

Unspent finance purchase proceeds 2,517,025 $
Construction in progress 18,220,272
Total $ 20,737,297
2019 Refunding of the Police Facility (Police Facility Commercial Loan) (Private Borrowing) In December 2005, the City entered into an agreement with La Salle Bank (and subsequently sold to Capital One Public Funding, LLC) to finance a portion of the construction cost for the police facility. The entire purchase price of the police station was $5,200,000. The financed portion of the police station was $1,500,000 and was payable over a period of twenty years.

On January 1, 2018, the agreements was refunded and the Financing Authority paid the City an advance rental for the use and right to the possession of the Police and Golf Course facilities for a total of $2,553,000. The lease was then assigned to Zions Bank/California Bank & Trust on the same day and named the Police Facility Commercial Loan. The bonds are due in annual installments of $50,900 to $61,600 beginning May 2018 with interest rate fixed 2.760% per annum payable semi-annually through December 25th, 2026. Total principal and interest remaining on the agreement is payable through 2026. At June 30, 2024, the outstanding balance was $182,400.

The annual debt service requirements at June 30, 2024 are as follows:

Year Ending
June 30, Principal Interest Total
2025 120,800 $ 4,206 $ 125,006 $
2026 61,600 850 62,450
Total $ 5,056 182,400 $ 187,456 $
2019 Lease Revenue Bonds (Fire Station) (Public Offering) The Madera Public Financing Authority issued the Lease Revenue Bonds 2019 on June 1, 2019 for $4,005.000.

The proceeds of the bonds will be used to finance the construction of a fire station. The City entered into a Facilities Lease Agreement with the Madera Public Financing Authority to make rental payments. The Bonds are due in annual installments of $230,000 to $307,000 through February 1, 2039 with interest payable semiannually on February 1 and August 1 of each year with interest rate from 3.00% to 5.00%. At June 30, 2024 the outstanding balance was $3,320,000.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
90 Note 8 – Long-Term Liabilities (Continued)
A. Governmental Activities (Continued)
The annual debt service requirements at June 30, 2024 are as follows:

Year Ending
June 30, Principal Interest Total
2025 155,000 $ 147,850 $ 302,850 $
2026 165,000 140,100 305,100
2027 175,000 131,850 306,850
2028 180,000 123,100 303,100
2029 190,000 114,100 304,100
2030-2034 1,100,000 422,400 1,522,400
2035-2039 1,355,000 167,000 1,522,000
Total $ 1,246,400 3,320,000 $ 4,566,400 $
Subscription Liability
The City has entered into subscription-based information technology arrangements (SBITAs) for services related to cloud-based software applications, data storage and management services. Under the terms of these arrangements, the City does not take possession of the software at any time and the vendor provides ongoing services for the software's operation. The subscription periods vary, with initial non-cancellable terms ranging from 2 to 4 years. The calculated interest rate used was 2.40%.

As of June 30, 2024, the capitalized right-to-use assets related to SBITAs were $312,821 and the total subscription liability was $109,174, of which $102,831 is reported as a current liability representing the amount due within the next fiscal year.

Principal and interest payments to maturity are as follows:

Year Ending
June 30, Principal Interest Total
2025 102,831 $ 2,044 $ 104,875 $
2026 6,343 141 6,484
Total $ 2,185 109,174 $ 111,359 $
City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
91 Note 8 – Long-Term Liabilities (Continued)
B. Business-Type Activities
A summary of changes in the long-term liabilities of the business-type activities for the year ended June 30, 2024, is as follows:

Balance Debt Debt Balance Due within Due in More
July 1, 2023 Issued Retired June 30, 2024 One Year Than One Year Business-Type Activities:

Direct borrowings:

Loans payable:

BBVA loan 5,721,000 $ - $ (387,000) $ 5,334,000 $ 395,000 $ 4,939,000 $ Golf Course commercial loan 161,800 - (161,800) - - -
Total loans payable 5,882,800 - (548,800) 5,334,000 395,000 4,939,000 Public borrowings:

Bonds payable:

Water and Wastewater Refunding Revenue
Bonds, Series 2015 21,935,000 - (1,340,000) 20,595,000 1,395,000 19,200,000 2019 Water Revenue Refunding Bonds 7,379,348 - (447,120) 6,932,228 457,908 6,474,320 Total bonds payable 29,314,348 - (1,787,120) 27,527,228 1,852,908 25,674,320 Total $ - 35,197,148 $ (2,335,920) $ 32,861,228 $ 2,247,908 $ 30,613,320 $ Classification
BBVA Compass Loan (Taxable) (Refinance CIEDB Loan)
In January 2021, the City refinanced the CIEDB Loan for the purpose of saving on annual debt service costs. The loan, in the amount of $6,472,000, is for 15 years with an effective interest rate of 2.41%. The loan is a taxable loan. Annual installment payments range from $502,989 to $522,626 through 2036. The average fiscal year savings is $24,655, with a total savings of $369,829. On June 30, 2024, the outstanding balance was $5,334,000.

The annual debt service requirements at June 30, 2024 are as follows:

Year Ending
June 30, Principal Interest Total
2025 395,000 $ 123,790 $ 518,790 $
2026 404,000 114,162 518,162
2027 412,000 104,329 516,329
2028 421,000 94,291 515,291
2029 430,000 84,037 514,037
2030-2034 2,288,000 258,714 2,546,714
2035-2036 984,000 23,835 1,007,835
Total $ 803,157 5,334,000 $ 6,137,157 $
City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
92 Note 8 – Long-Term Liabilities (Continued)
B. Business-Type Activities (Continued)
2018 Refunding of the 1993 Variable Rate Demand Bonds (Golf Course Commercial Loan) (Private Placement) In May 1993, the Financing Authority issued Variable Rate Demand Bonds in the aggregate principal of $5,280,000. The proceeds were used to redeem $4,835,000 of its December 8, 1989 Lease Revenue Bonds, Series A, and $262,450 for additional Golf Course construction.

On January 1, 2018, the Bonds were refunded and the Financing Authority paid the City an advance rental for the use and right to the possession of the Golf Course and Police facilities for a total of $2,553,000. The lease was then assigned to Zions Bank/California Bank & Trust on the same day and named the Golf Course Commercial Loan. The loan is due in annual installments of $138,100 ($10,600 first year) to $161,800 beginning May 2018 with interest rate fixed 3.190% per annum payable semi-annually. At June 30, 2024, the outstanding balance was paid off.

Water and Wastewater Refunding Revenue Bonds, Series 2015 (Public Offering) Water and Wastewater Refunding Revenue Bonds, Series 2015 were issued by the Financing Authority in December 2015 for $30,140,000. Proceeds from the bonds were used to refund $30,440,000 of its Water and Wastewater Refunding Revenue Bonds, Series 2016. The bonds are due in annual installments of $70,000 to $2,080,000 through March 1, 2036, with interest payable semiannually on September 1 and March 1 of each year at 3.700%. At June 30, 2024, the outstanding balance of the Water and Wastewater Revenue Bonds was $20,595,000.

The Financing Authority has pledged a portion of future water and wastewater revenue to repay the 2015 Water and Wastewater Revenue Bonds. For the year ended June 30, 2024, total principal and interest paid was $2,151,595, and net revenues were $9,126,144. Total principal and interest remaining on the agreement is $25,875,825 payable through 2036.

The annual debt service requirements at June 30, 2024 are as follows:

Year Ending
June 30, Principal Interest Total
2025 1,395,000 $ 762,015 $ 2,157,015 $
2026 1,450,000 710,400 2,160,400
2027 1,505,000 656,750 2,161,750
2028 1,555,000 601,065 2,156,065
2029 1,605,000 543,530 2,148,530
2030-2034 9,000,000 1,778,960 10,778,960
2035-2036 4,085,000 228,105 4,313,105
Total $ 5,280,825 20,595,000 $ 25,875,825 $
City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
93 Note 8 – Long-Term Liabilities (Continued)
B. Business-Type Activities (Continued)
Water Refunding Revenue Bonds, Series 2019 (Public Offering) Water Refunding Bonds, Series 2019 were issued by the Financing Authority in December 2019 for $9,016,903.

The City used the proceeds to refund the outstanding principal of the Water Revenue Bonds, Series 2010 in the amount of $9,530,000. The bonds are due semi-annual installments of $204,890 to $312,774 with interest rate fixed at 2.64% per annum payable semi-annually through 2037. At June 30, 2023 the outstanding principal and interest balance was $8,872,316. The aggregate debt service payments of the new debt are $2,587,313 less than the old debt. The issuance of the new debt and refunding of the old debt resulted in an economic gain (the difference between the net present value of the old debt and new debt service payments) of approximately $2,053,508.

The Financing Authority has pledged a portion of future water and wastewater revenue to repay the 2019 Water Revenue Bonds. For the year ended June 30, 2024, total principal and interest paid was $638,983, and net revenues were $10,637,589. Total principal and interest remaining on the agreement is $8,233,333 payable through 2037.

The annual debt service requirements at June 30, 2024 are as follows:

Year Ending
June 30, Principal Interest Total
2025 457,908 $ 179,988 $ 637,896 $
2026 467,850 167,834 635,684
2027 480,334 155,400 635,734
2028 487,160 142,675 629,835
2029 503,516 129,705 633,221
2030-2034 2,717,599 440,559 3,158,158
2035-2037 1,817,861 84,944 1,902,805
Total $ 1,301,105 6,932,228 $ 8,233,333 $
C. Fiduciary Fund Financial Statements
A summary of changes in the long-term liabilities of the fiduciary fund financial statements for the year ended June 30, 2024, is as follows:

Balance Debt Debt Balance Due within Due in More
July 1, 2023 Issued Retired June 30, 2024 One Year Than One Year Fiduciary Activities:

Public borrowings:

Tax allocation bonds:

Series 2018A 28,705,000 $ - $ (1,005,000) $ 27,700,000 $ 1,045,000 $ 26,655,000 $ Series 2018B 1,435,000 - (510,000) 925,000 525,000 400,000 Add: unamortized bond premiums 3,434,973 - (228,998) 3,205,975 - 3,205,975 Total tax allocation bonds 33,574,973 - (1,743,998) 31,830,975 1,570,000 30,260,975 Total $ - 33,574,973 $ (1,743,998) $ 31,830,975 $ 1,570,000 $ 30,260,975 $ Classification
City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
94 Note 8 – Long-Term Liabilities (Continued)
C. Fiduciary Fund Financial Statements (Continued)
Tax Allocation Refunding Bonds, Series 2018A and 2018B (Public Offering) On July 17, 2018, the Successor Agency to the Former Madera Redevelopment Agency issued $31,445,000 of Tax Allocation Refunding Bonds, Series 2018A and $4,065,000 of Tax Allocation Refunding Bonds, Series 2018B (collectively the “2018 TARBs”) to (a) refund four outstanding series of bonds payable (the 1998 Tax Allocation Redevelopment Project Bonds, the 2003 Tax Allocation Refunding and Redevelopment Project Bonds, the Madera Redevelopment Agency Subordinate Tax Allocation Bonds, Series 2008A, and the Madera Redevelopment Agency Housing Set-Aside Subordinate Tax Allocation Bonds, Series 2008B) from tax increment revenue generated in the Madera Redevelopment Project Area (the “Project Area”), (b) fund a reserve account, and (c) pay the costs of issuance of the bonds. The 2018 TARBs are payable from and secured by a pledge of tax revenues to be derived from the Project Area.

The 2018 TARBs consist of serial bonds maturing from 2019 through 2038 in annual installments of $390,000 to $2,405,000. Interest is due and payable semi-annually on March 1 and September 1 of each year at rates ranging from 3.0% to 5.0% commencing March 1, 2019. Annual principal on the bonds is due on September 1 of each year through 2038. The bonds are subject to federal arbitrage requirements. The aggregate debt service payments of the new debt are $11,314,301 less than the old debt. The issuance of the new debt and refunding of the old debt resulted in an economic gain (the difference between the net present value of the old debt and new debt service payments) of approximately $8,659,587.

A reserve account is required to be maintained in the amount of the lesser of (i) 10% of the original aggregate principal amount of the 2018 TARBs, or (ii) 125% of the average annual debt service with respect to the 2018 TARBs, or (iii) the maximum annual debt service with respect to the 2018 TARBs. As of June 30, 2024, the reserve requirement was met through the City’s purchase of a surety policy in-lieu of the cash reserve requirement. The total principal and interest outstanding at June 30, 2024 is $37,805,113 for the Series 2018A and $955,416 for the Series 2018B.

The annual debt service requirements for the 2018 TARBs outstanding at June 30, 2024 are as follows:

Year Ending
June 30, Principal Interest Total
2025 1,045,000 $ 1,247,400 $ 2,292,400 $
2026 1,230,000 1,190,525 2,420,525
2027 1,705,000 1,125,675 2,830,675
2028 1,765,000 1,047,450 2,812,450
2029 1,480,000 966,325 2,446,325
2030-2034 11,065,000 3,543,700 14,608,700
2035-2039 9,410,000 984,038 10,394,038
Total $ 10,105,113 27,700,000 $ 37,805,113 $
Tax Allocation Refunding Bonds, Series 2018A
Year Ending
June 30, Principal Interest Total
2025 525,000 $ 23,296 $ 548,296 $
2026 400,000 7,120 407,120
Total $ 30,416 925,000 $ 955,416 $
Tax Allocation Refunding Bonds, Series 2018B
City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
95 Note 8 – Long-Term Liabilities (Continued)
D. Component Unit
A summary of changes in the long-term liabilities of the component unit for the twelve month period ended September 30, 2023, is as follows:

Balance Debt Debt Balance Due within Due in More
October 1, 2022 Issued Retired September 30, 2023 One Year Than One Year Component Unit:

Direct borrowings:

Loans payable:

Farmers' Home Administration loan 201,325 $ - $ (11,591) $ 189,734 $ 15,895 $ 173,839 $ Citizen Business Bank loan 2,575,137 - (117,158) 2,457,979 124,527 2,333,452 Total loans payable 2,776,462 - (128,749) 2,647,713 140,422 2,507,291 Total $ - 2,776,462 $ (128,749) $ 2,647,713 $ 140,422 $ 2,507,291 $ Classification
Farmers' Home Administration loan
Notes payable to Farmers' Home Administration, 1.00% due in monthly installments of $1,653, including interest, first trust deeds on land and building subject to note.

Citizen Business Bank loan
Note payable to Citizen Business Bank, 4.75% due in monthly installments of $19,852, including interest, secured by assets subject to note.

The total annual debt service requirements for the Component Unit long-term liabilities outstanding at September 30, 2023 are as follows:

Year Ending
September 30, Principal Interest Total
2024 140,422 $ 115,510 $ 255,932 $
2025 162,494 109,292 271,786
2026 155,282 102,777 258,059
2027 162,106 95,955 258,061
2028 1,925,814 31,136 1,956,950
2029-2033 80,054 2,963 83,017
2034-2035 21,541 155 21,696
Total $ 457,788 2,647,713 $ 3,105,501 $
City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
96 Note 9 – Special Assessment Debt with No City Commitment The City issued special tax and assessment bonds on behalf of property owners, pursuant to the Improvement Bond Act of 1915 and the Mello-Roos Community Facilities Act of 1982, to finance the acquisition and construction of certain infrastructure improvements within the assessment districts and community facilities districts.

The City acts solely as an agent for those paying special tax and assessments and remits the amounts collected to the bondholders of these fixed-rate Improvement Bond Act of 1915 and Mello-Roos Community Facilities Act of 1982 issues. The City is acting as an custodian and is in no way liable for the special assessment debt and, accordingly, the debt is not recorded in these financial statements.

On January 1, 2018, the City of Madera, on behalf of the City of Madera Community Facilities District No. 2006-1, issued the City of Madera Community Facilities District No. 2006-1 Special Tax Refunding Bonds Series 2018 to refund the CFD 2006-1 Series Special Tax Bond for the purpose of creating annual debt savings. Total debt service payments were reduced by $88,740. The amount of principal outstanding as of June 30, 2024 is $1,970,021 The bonds are not a general obligation of the City but are limited obligations, payable solely from special tax and assessments.

The City has no obligation beyond the balances in the designated custodial funds for any delinquent assessment district bond payments. If delinquencies occur beyond the amounts held in the reserve funds created from bond proceeds, the City has no duty to pay the delinquency out of the available funds of the City. Neither the faith and credit nor the taxing power of the City, or the State of California, or any political subdivision thereof is pledged to the payment of these bonds.

Noncommittal debt amounts issued and outstanding at June 30, 2024 are as follows:

Outstanding
Original Balance
Amount June 30, 2024
CFD 2006-1, Series Special Tax Bonds Refunding Bonds Series 2019 2,452,228 $ 1,970,021 $ Note 10 – Compensated Absences
A. Governmental Activities
A summary of changes in the compensated absences balances for the governmental activities for the year ended June 30, 2024 is as follows:

Balance Balance Due within Due in More
July 1, 2023 Additions Deletions June 30, 2024 One Year Than One Year Compensated absences 1,940,989 $ 1,748,009 $ (1,542,656) $ 2,146,342 $ 1,542,656 $ 603,686 $ Classification
Compensated absences in the governmental activities are obligations of the following funds:

Governmental Funds 1,938,431 $
Fleet Maintenance 56,064
Facilities Maintenance 125,795
Technology 26,052
Total $ 2,146,342
City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
97 Note 10 – Compensated Absences (Continued)
B. Business-Type Activities
A summary of changes in the compensated absences balances for the business-type activities for the year ended June 30, 2024 is as follows:

Balance Balance Due within Due in More
July 1, 2023 Additions Deletions June 30, 2024 One Year Than One Year Compensated absences 439,593 $ 530,363 $ (323,137) $ 646,819 $ 323,137 $ 323,682 $ Classification
Compensated absences in the business-type activities are obligations of the following funds:

Water Fund 241,684 $
Sewer Fund 178,230
Solid Waste Fund 128,547
Drainage Operations Fund 42,686
Local Transit Fund 40,938
Airport Fund 14,734
Total $ 646,819
C. Component Unit
A summary of changes in the compensated absences balances for the component unit for the twelve month period ended September 30, 2023 is as follows:

Balance Balance Due within Due in More
October 1, 2022 Additions Deletions September 30, 2023 One Year Than One Year Compensated absences 131,168 $ - $ (24,266) $ 106,902 $ 53,451 $ 53,451 $ Classification
All compensated absences liabilities in the component unit belong to the Housing Authority of the City of Madera.

Note 11 – Risk Management
The City is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; and natural disasters for which the City obtains insurance coverage.

The City is a member of the Central San Joaquin Valley Risk Management Authority (CSJVRMA), a public entity risk pool for workers’ compensation and general liability insurance. The CSJVRMA is a consortium of fifty-three cities located in California’s San Joaquin Valley. It was established under the provisions of California Government Code Section 6500 et. seq. CSJVRMA is governed by a Board of Directors, consisting of one member appointed by each member city. The day-to-day business operations are handled by a management group employed by CSJVRMA.

The relationship between the City and CSJVRMA is such that the CSJVRMA is not considered a component unit of the City for financial reporting purposes.

General Liability Insurance coverage is addressed via retention maintained by the City and participation in CSJVRMA. The City maintains a self-insured retention level of $100,000 and participates in the CSJVRMA risk pool for coverage up to $1,000,000. CSJVRMA participates in an excess pool, which provides coverage from $1,000,000 to $29,000,000.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
98 Note 11 – Risk Management (Continued)
Workers’ Compensation coverage is also addressed via a retention maintained by the City and participation in CSJVRMA. The City maintains a self-insured retention level of $100,000 and participates in the CSJVRMA risk pool for additional coverage up to $250,000. CSJVRMA also participates in an excess pool which provides workers’ compensation coverage from $250,000 to $500,000 and purchases excess insurance of approximately $500,000 to the statutory limit.

Public entity risk pools are formally organized and separated entities established under the Joint Exercise of Powers Act of the State of California. As separate legal entities, those entities exercise full powers and authorities within the scope of the related Joint Powers Agreements including the preparation of annual budgets, accountability for all funds, the power to make and execute contracts and the right to sue and be sued. Each risk pool is governed by a board consisting of representatives from member municipalities. Each board controls the operations of the respective risk pool, including selection of management and approval of operating budgets, independent of any influences by member municipalities beyond their representation of that board. Obligations and liabilities of these risk pools are not the City's responsibility.

CSJVRMA is currently operating as a common risk management and insurance program for 53 member cities. The program's general objectives are to formulate, develop, and administer, on the behalf of the member cities, a program of insurance, to obtain lower cost for that coverage, and to develop a comprehensive loss control program. A member may withdraw from CSJVRMA only by giving six-month notice. Cities applying for membership in CSJVRMA may do so on approval of a two-thirds vote of the board of CSJVRMA.

The financial information of the CSJVRMA for fiscal year ended June 30, 2024, is as follows:

Total assets 179,635,612 $
Total liabilities 144,400,470 $
Net position 35,235,142 $
Operating revenues 89,306,501 $
Operating expenses 94,324,180 $
Nonoperating revenues (expenses) 6,290,415 $
Change in net position 1,272,736 $
City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
99 Note 12 – Pension Plans
A. Summary
Governmental Business-Type Component
Activities Activities Total Unit
Deferred outflows of resources:

Pension contribution made after measurement date:

CalPERS Miscellaneous $ 1,265,473 2,509,560 $ 3,775,033 $ 21,663 $ CalPERS Safety - 3,093,988 3,093,988 -
Total pension contribution made after measurement date 1,265,473 5,603,548 6,869,021 21,663 Change in assumption:

CalPERS Miscellaneous 224,470 445,145 669,615 250,079
CalPERS Safety - 1,445,955 1,445,955 -
Total change in assumption 224,470 1,891,100 2,115,570 250,079 Projected earnings on pension plan investments in excess of actual earnings:

CalPERS Miscellaneous 1,109,628 2,200,501 3,310,129 670,652 CalPERS Safety - 3,390,577 3,390,577 -
Total projected earnings on pension plan investments in excess of actual earnings 1,109,628 5,591,078 6,700,706 670,652 Difference between expected and actual experience:

CalPERS Miscellaneous 40,889 81,088 121,977 211,604
CalPERS Safety - 1,663,282 1,663,282 -
Total difference between expected and actual experience 40,889 1,744,370 1,785,259 211,604 Employer contributions in excess of proportionate share of contribution:

CalPERS Safety - 465,846 465,846 -
Total employer contributions in excess of proportionate share of contribution - 465,846 465,846 62,910 Total deferred outflows of resources
CalPERS Miscellaneous 2,640,460 5,236,294 7,876,754 1,216,908 CalPERS Safety - 10,059,648 10,059,648 -
Total deferred outflows of resources $ 2,640,460 15,295,942 $ 17,936,402 $ 1,216,908 $ Net pension liability:

CalPERS Miscellaneous $ 11,062,075 21,937,189 $ 32,999,264 $ 4,142,152 $ CalPERS Safety - 24,775,912 24,775,912 -
Total net pension liability $ 11,062,075 46,713,101 $ 57,775,176 $ 4,142,152 $ Deferred inflows of resources:

Adjustment due to difference in proportions:

CalPERS Miscellaneous $ - - $ - $ 362,539 $
CalPERS Safety - 202,041 202,041 -
Total adjustment due to difference in proportions - 202,041 202,041 362,539 Employer contributions in excess of proportionate share of contribution:

CalPERS Miscellaneous - - - 33,763
Total employer contributions in excess of proportionate share of contribution - - - 33,763 Changes in actual vs. expected experience
CalPERS Miscellaneous 36,928 73,235 110,163 32,825
Total difference between expected and actual experience 36,928 73,235 110,163 32,825 Total deferred inflows of resources
CalPERS Miscellaneous 36,928 73,235 110,163 429,127
Total deferred inflows of resources $ 36,928 275,276 $ 312,204 $ 429,127 $ Pension expenses (income):

CalPERS Miscellaneous $ 1,702,027 3,375,288 $ 5,077,315 $ 49,781 $ CalPERS Safety - 4,277,436 4,277,436 -
Total net pension expenses (income) $ 1,702,027 7,652,724 $ 9,354,751 $ 49,781 $ City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
100
Note 12 – Pension Plans (Continued)
B. City Miscellaneous Plan
Plan Description
Substantially all City employees working the equivalent of 1,000 hours per fiscal year are eligible to participate in the Miscellaneous Plan Agent multiple-employer defined benefit plan or the Safety Plan Cost-sharing multipleemployer defined benefit administered by California Public Employees Retirement System (CalPERS), which acts as a common investment and administrative agent for its participating member employers. Benefit Provisions under the Plans are established by State statutes within the Public Employee’s Retirement Law. CalPERS issues publicly available reports that include a full description of the pension plans regarding benefit provisions, assumptions and membership information that can be found on the CalPERS website. Copies of the CalPERS annual financial report may be obtained from the CalPERS Executive Office – 400 P Street, Sacramento, CA 95814.

Employees Covered
At June 30, 2023, the measurement date, the following employees were covered by the benefit terms for the Plan:

Active employees 180
Non-contributing members not drawing retirement 293
Retired employees and beneficiaries 269
Total 742
Benefits Provided
CalPERS provide retirement and disability benefits, annual cost-of-living adjustments, and death benefits to plan members and beneficiaries. Classic CalPERS member becomes eligible for service retirement upon attainment of age 50; full formula at age 55 with at least 5 years of credited service. Public Employees’ Pension Reform Act (“PEPRA”) miscellaneous members become eligible for service retirement upon attainment of age 52; full formula at 62 with at least 5 years of service. The service retirement benefit is a monthly allowance equal to the product of the benefit factor, years of service, and final compensation. The final compensation is the monthly average of the member's highest 36 full-time equivalent monthly pay.

Following are the benefit provisions for each plan:

Prior to January 1, 2011 thru On or After
Hire Date January 1, 2011 January 1, 2013 January 1, 2013 Benefit formula 2.5% @ 55 2% @ 60 2% @ 62
Benefit vesting schedule 5 years service 5 years service 5 years service Benefit payments Monthly for life Monthly for life Monthly for life Retirement age 50 - 55 50 - 63 52 - 67
Monthly benefits, as a % of eligible compensation 2.000% to 2.500% 1.092% to 2.418% 1.000% to 2.500% Required employee contribution rates 8.00% 7.000% 6.900% Required employer contribution rates 11.010% 11.010% 11.010% Final Annual Compensation 1 year 3 years 3 years
City Miscellaneous Plan
City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
101
Note 12 – Pension Plans (Continued)
B. City Miscellaneous Plan (Continued)
Contributions
Section 20814(c) of the California Public Employees’ Retirement Law (“PERL”) requires that the employer contribution rates for all public employers be determined on an annual basis by the actuary and shall be effective on the July 1 following notice of a change in the rate. The total plan contributions are determined through CalPERS’ annual actuarial valuation process. The actuarially determined rate is the estimated amount necessary to finance the costs of benefits earned by employees during the year, with an additional amount to finance any unfunded accrued liability. The employer is required to contribute the difference between the actuarially determined rate and the contribution rate of employees. For the year ended June 30, 2024, the employer contributions made for the Miscellaneous Plan was $3,775,033.

Net Pension Liability
The City’s net pension liability is measured as the total pension liability, less the pension plan’s fiduciary net position. The net pension liability of the Plan is measured as of June 30, 2023, using an annual actuarial valuation as of June 30, 2022 rolled forward to June 30, 2023 using standard update procedures. A summary of principal assumptions and methods used to determine the net pension liability is described as follows.

Actuarial Assumptions
The total pension liabilities in the June 30, 2022 actuarial valuations were determined using the following actuarial assumptions:

Actuarial Cost Method
Actuarial Assumptions:

Discount Rate
Inflation
Payroll Growth
Salary Increases
Investment Rate of Return
Mortality Rate Table
Post Retirement Benefit Increase
Entry Age Normal in accordance with the requirement of GASB Statement No. 68

6.90%

2.50%
Varies by Entry Age and Service

2.75%

7.00%
Derived using CalPERS’ Membership Data for all Funds.

The lesser of contract COLA or 2.30% until Purchasing Power Protection. Allowance floor on purchasing power applies, 2.30% thereafter.

The underlying mortality assumptions and all other actuarial assumptions used in the June 30, 2022 valuation were based on the results of December 2021 actuarial experience study for the period 2000 to 2019. Further details of the Experiences Study can be found on the CalPERS website.

Change in Assumptions
The inflation rate increased from 2.30% in 2023 to 2.50% in 2024. The payroll growth decreased from 2.80% in 2023 to 2.75% in 2024.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
102
Note 12 – Pension Plans (Continued)
B. City Miscellaneous Plan (Continued)
Discount Rate
In determining the long-term expected rate of return, CalPERS took into account, both short-term and long-term market return expectations as well as the expected pension fund cash flows. Such cash flows were developed assuming that both members and employers will make their required contributions on time and as scheduled in all future years. Using historical returns of all the funds’ asset classes, expected compound (geometric) returns were calculated over the short-term (first 10 years) and the long-term (11-60 years) using a building-block approach.

Using the expected nominal returns for both short-term and long-term, the present value of benefits was calculated for each fund. The expected rate of return was set by calculating the single equivalent expected return that arrived at the same present value of benefits for cash flows as the one calculated using both short-term and long-term returns. The expected rate of return was then set equivalent to the single equivalent rate calculated above and rounded down to the nearest one quarter of one percent.

The table below reflects long-term expected real rate of return by asset class. The rate of return was calculated using the capital market assumptions applied to determine the discount rate and asset allocation. These geometric rates of return are net of administrative expenses.

Assumed Asset
Asset Class Allocation Real Return1,2
Global equity - cap-weighted 30.00% 4.45%
Global equity - non-cap-weighted 12.00% 3.84%
Private equity 13.00% 7.28%
Treasury 5.00% 0.27%
Mortgage-backed securities 5.00% 0.50%
Investment grade corporates 10.00% 1.56%
High yield 5.00% 2.27%
Emerging market debt 5.00% 2.48%
Private debt 5.00% 3.57%
Real assets 15.00% 3.21%
Liquidity -5.00% -0.59%
1 An expected inflation of 2.30% used for this period.
2 Figures are based on the 2021 Asset Liability Management study.

The discount rate used to measure the total pension liability was 6.90% for the plan. To determine whether the municipal bond rate should be used in the calculation of a discount rate for each plan, CalPERS stress tested plans that would most likely result in a discount rate that would be different from the actuarially assumed discount rate.

Based on the testing, none of the tested plans run out of assets. Therefore, the current 6.90% discount rate is adequate and the use of the municipal bond rate calculation is not necessary. The long term expected discount rate of 6.90% is applied to all plans in the Public Employees Retirement Fund (PERF). The stress test results are presented in a detailed report called “GASB Crossover Testing Report” that can be obtained from the CalPERS website under the GASB 68 Section.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
103
Note 12 – Pension Plans (Continued)
B. City Miscellaneous Plan (Continued)
Sensitivity of the Net Pension Liability to Changes in the Discount Rate The following presents the City’s net pension liability, calculated using the discount rate, as well as what the City’s net pension liability would be if it were calculated using a discount rate that is one percentage point lower or one percentage point higher than the current rate:

Discount Rate - 1% Current Discount Discount Rate + 1%
(5.90%) Rate (6.90%) (7.90%)
$ 32,999,264 46,758,098 $ 21,634,386 $
Plan's Aggregate Net Pension Liability/(Asset)
Changes in the Net Pension Liability
The following table shows the changes in net pension liability recognized over the measurement period:

Total Pension
Liability
Plan Fiduciary Net
Position
Net Pension
Liability
Balance at June 30, 2022 (Valuation Date) 103,444,539 $ 70,899,044 $ 32,545,495 $ Changes in the year:

Service cost 1,804,008 - 1,804,008
Interest on the total pension liabilities 7,031,117 - 7,031,117 Changes of benefit terms 184,586 - 184,586
Differences between expected and actual experience 198,213 - 198,213 Benefit payments, including refunds of members contributions (5,658,183) (5,658,183) - Plan to plan resource movement - - -
Contributions - employer 3,617,848 - (3,617,848)
Contributions - employee - 816,702 (816,702)
Net investment income - 4,381,741 (4,381,741)
Administrative expenses - (52,136) 52,136
Net changes 3,559,741 3,105,972 453,769
Balance at June 30, 2023 (Measurement Date) 107,004,280 $ 74,005,016 $ 32,999,264 $ Pension Expenses and Deferred Outflows/Inflows of Resources Related to Pensions For the year ended June 30, 2024, the City recognized pension expense in the amount of $5,077,315 for the miscellaneous plans.

The amortization period differs depending on the source of the gain or loss. The difference between projected and actual earnings is amortized over 5-years straight line. All other amounts are amortized straight-line over the average expected remaining service lives of all members that are provided with benefits (active, inactive and retired) as of the beginning of the measurement period.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
104
Note 12 – Pension Plans (Continued)
B. City Miscellaneous Plan (Continued)
Pension Expenses and Deferred Outflows/Inflows of Resources Related to Pensions (Continued) The Expected Average Remaining Service Lifetime (“EARSL”) is calculated by dividing the total future service years by the total number of plan participants (active, inactive, and retired) in the risk pool. The EARSL for the Miscellaneous Plan for the 2022-23 measurement period is 2.6 years, which was obtained by dividing the total service years of 1,826 (the sum of remaining service lifetimes of the active employees) by 705 (the total number of participants: active, inactive, and retired).

At June 30, 2024, the City reported deferred outflows of resources and deferred inflows of resources related to pensions from the following sources:

Deferred Outflows Deferred Inflows
of Resources of Resources
Pension contributions made subsequent
to measurement date 3,775,033 $ - $
Difference between projected and actual
earning on pension plan investments 3,310,129 -
Changes in assumptions 669,615 -
Differences between expected
and actual experience 121,977 (110,163)
Total $ (110,163) 7,876,754 $
For the City Miscellaneous Plan, $3,775,033 was reported as deferred outflows of resources related to pensions resulting from City’s contributions subsequent to the measurement date and will be recognized as a reduction of the net pension liability in the year ended June 30, 2025. Other amounts reported as deferred outflows of resources and deferred inflows of resources related to pensions will be recognized in pension expense as follows:

Year Ended June 30,
2025 1,203,114 $
2026 348,807
2027 2,347,496
2028 92,141
2029 -
Thereafter -
$ 3,991,558
Deferred Outflows/(Inflows)
of Resources
Pension Plan Fiduciary Net Position
Detailed information about each pension plan’s fiduciary net position is available in the separately issued CalPERS financial reports.

Payable to the Pension Plan
The City reported a payable of $0 for the outstanding amount of contributions to the Miscellaneous pension plan required for the year ended June 30, 2024.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
105
Note 12 – Pension Plans (Continued)
C. City Safety Plan
Employees Covered
At June 30, 2023, the measurement date, the following employees were covered by the benefit terms the Plan:

Active employees 59
Non-contributing members not drawing retirement 54
Retired employees and beneficiaries 125
Total 238
Benefits Provided
CalPERS provide retirement and disability benefits, annual cost-of-living adjustments, and death benefits to plan members and beneficiaries. Classic and PEPRA Safety CalPERS member becomes eligible for service retirement upon attainment of age 50 with at least 5 years of credited service. The service retirement benefit is a monthly allowance equal to the product of the benefit factor, years of service, and final compensation. The final compensation is the monthly average of the member's highest 36 full-time equivalent monthly pay.

Following are the benefit provisions for each plan:

Prior to January 1, 2011 thru On or After
Hire Date January 1, 2011 January 1, 2013 January 1, 2013 Benefit formula 3% @ 50 3% @ 55 2.7% @ 57
Benefit vesting schedule 5 years service 5 years service 5 years service Benefit payments Monthly for life Monthly for life Monthly for life Retirement age 50 - 55 50 - 57 50
Monthly benefits, as a % of eligible compensation 3.000% 2.400% to 3.000% 2.000% to 2.700% Required employee contribution rates 9.00% 9.000% 13.000% Required employer contribution rates 27.110% 22.830% 13.540% Final Annual Compensation 1 year 1 year 1 year
Safety
Contributions
Section 20814(c) of the California Public Employees’ Retirement Law (PERL) requires that the employer contribution rates for all public employers be determined on an annual basis by the actuary and shall be effective on the July 1 following notice of a change in the rate. The total plan contributions are determined through the CalPERS’ annual actuarial valuation process. For public agency cost-sharing plans covered by the Safety risk pools, the Plan’s actuarially determined rate is based on the estimated amount necessary to pay the Plan’s allocated share of the risk pool’s costs of benefits earned by employees during the year, and any unfunded accrued liability. The employer is required to contribute the difference between the actuarially determined rate and the contribution rate of employees.

For the year ended June 30, 2024, employer contributions made for the Safety Cost-sharing Plan was $3,093,988.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
106
Note 12 – Pension Plans (Continued)
C. City Safety Plan (Continued)
Pension Liabilities, Pension Expenses and Deferred Outflows/Inflows of Resources Related to Pensions The City’s net pension liability for each Plan is measured as the proportionate share of the net pension liability.

The net pension liability of the Plans is measured as of June 30, 2023, and the total pension liability for each Plan used to calculate the net pension liability was determined by an actuarial valuation as of June 30, 2022 rolled forward to June 30, 2023 using standard update procedures. The City’s proportion of the net pension liability was based on a projection of the City’s long-term share of contributions to the pension plans relative to the projected contributions of all participating employers, actuarially determined.

As of June 30, 2024, the City reported net pension liability for its proportionate shares of the net pension liability of the Safety Plan as follows:

Plan Total Pension Plan Fiduciary Net Plan Net Pension
Liability Position Liability/(Asset)
Balance at: 6/30/22 (Valuation date) 77,276,594 $ 53,677,069 $ 23,599,525 $ Balance at: 6/30/23 (Measurement date) 79,446,804 54,670,892 24,775,912 Net Changes during 2022-2023 2,170,210 993,823 1,176,387 Increase (Decrease)
The following is the approach established by the plan actuary to allocate the net pension liability and pension expense to the individual employers within the risk pool. (1) In determining a cost-sharing plan’s proportionate share, total amounts of liabilities and assets are first calculated for the risk pool as a whole on the valuation date (June 30, 2022). The risk pool’s fiduciary net position (“FNP”) subtracted from its total pension liability (“TPL”) determines the net pension liability (“NPL”) at the valuation date.
(2) Using standard actuarial roll forward methods, the risk pool TPL is then computed at the measurement date (June 30, 2023). Risk pool FNP at the measurement date is then subtracted from this number to compute the NPL for the risk pool at the measurement date. For purposes of FNP in this step and any later reference thereto, the risk pool’s FNP at the measurement date denotes the aggregate risk pool’s FNP at June 30, 2023 less the sum of all additional side fund (or unfunded liability) contributions made by all employers during the measurement period (2022-23).
(3) The individual plan’s TPL, FNP and NPL are also calculated at the valuation date. (4) Two ratios are created by dividing the plan’s individual TPL and FNP as of the valuation date from (3) by the amounts in step (1), the risk pool’s total TPL and FNP, respectively. (5) The plan’s TPL as of the Measurement Date is equal to the risk pool TPL generated in (2) multiplied by the TPL ratio generated in (4). The plan’s FNP as of the Measurement Date is equal to the FNP generated in (2) multiplied by the FNP ratio generated in (4) plus any additional side fund (or unfunded liability) contributions made by the employer on behalf of the plan during the measurement period. (6) The plan’s NPL at the Measurement Date is the difference between the TPL and FNP calculated in (5).

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
107
Note 12 – Pension Plans (Continued)
C. City Safety Plan (Continued)
Pension Liabilities, Pension Expenses and Deferred Outflows/Inflows of Resources Related to Pensions (Continued)
The City’s proportionate share of the net pension liability for the Safety Plan as of June 30, 2022 and 2023 was as follows:

Proportion June 30, 2022 0.34344%
Proportion June 30, 2023 0.36984%
Change - Increase (Decrease) 0.02640%
For the year ended June 30, 2023, the City recognized pension income in the amount of $414,758 for the Safety Plan.

The amortization period differs depending on the source of the gain or loss. The difference between projected and actual earnings is amortized over 5-years straight line. All other amounts are amortized straight-line over the average expected remaining service lives of all members that are provided with benefits (active, inactive and retired) as of the beginning of the measurement period.

The EARSL for PERF C for the measurement date ending June 30, 2023 is 3.8 years, which was obtained by dividing the total service years of 600,538 (the sum of remaining service lifetimes of the active employees) by 160,073 (the total number of participants: active, inactive, and retired) in PERF C. Inactive employees and retirees have remaining service lifetimes equal to 0. Total future service is based on the members’ probability of decrementing due to an event other than receiving a cash refund.

At June 30, 2024, the City reported deferred outflows of resources and deferred inflows of resources related to pensions from the following sources:

Deferred Outflows Deferred Inflows
of Resources of Resources
Pension contributions made subsequent
to measurement date 3,093,988 $ - $
Difference between projected and actual earning on
pension plan investments 3,390,577 -
Adjustment due to differences in proportions - (202,041) Changes in assumptions 1,445,955 -
Difference between actual and expected experience 1,663,282 - Difference between employer's actual contributions
and proportionate share of contributions 465,846 -
Total 10,059,648 $ (202,041) $
For the City Safety Plan, $3,093,988 was reported as deferred outflows of resources related to pensions resulting from City’s contributions subsequent to the measurement date will be recognized as a reduction of the net pension liability in the year ended June 30, 2025.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
108
Note 12 – Pension Plans (Continued)
C. City Safety Plan (Continued)
Pension Liabilities, Pension Expenses and Deferred Outflows/Inflows of Resources Related to Pensions (Continued)
Other amounts reported as deferred outflows of resources and deferred inflows of resources related to pensions will be recognized in pension expense as follows:

Year Ended June 30,
Deferred Outflows/
(Inflows) of Resources
2025 2,239,717 $
2026 1,575,502
2027 2,853,762
2028 94,638
2029 -
Thereafter -
$ 6,763,619
Actuarial Methods and Assumptions Used to Determine Total Pension Liability For the measurement period ended June 30, 2023 (the measurement date), the total pension liability was determined by rolling forward the June 30, 2022 total pension liability. Both the June 30, 2023 and the June 30, 2022 total pension liabilities were based on the following actuarial methods and assumptions:

Actuarial Cost Method
Actuarial Assumptions:

Discount Rate
Inflation
Payroll Growth
Salary Increases
Investment Rate of Return
Mortality Rate Table
Post Retirement Benefit
Increase
The lesser of contract COLA or 2.30% until Purchasing Power Protection. Allowance floor on purchasing power applies, 2.30% thereafter.

Entry Age Normal in accordance with the requirement of GASB Statement No. 68

6.90%

2.80%
Varies by Entry Age and Service

7.00%
Derived using CalPERS’ Membership Data for all Funds.

2.30%
The underlying mortality assumptions and all other actuarial assumptions used in the June 30, 2021 valuation were based on the results of December 2021 actuarial experience study for the period 2000 to 2019. Further details of the Experiences Study can be found on the CalPERS website.

Discount Rate
The discount rate used to measure the total pension liability was 6.90%. To determine whether the municipal bond rate should be used in the calculation of a discount rate for each plan, CalPERS stress tested plans that would most likely result in a discount rate that would be different from the actuarially assumed discount rate.

Based on the testing, none of the tested plans run out of assets. Therefore, the current 6.90% discount rate is adequate and the use of the municipal bond rate calculation is not necessary. The long term expected discount rate of 6.90% is applied to all plans in the Public Employees Retirement Fund. The stress test results are presented in a detailed report called “GASB Crossover Testing Report” that can be obtained at CalPERS’ website under the GASB 68 section.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
109
Note 12 – Pension Plans (Continued)
C. City Safety Plan (Continued)
Discount Rate (Continued)
The long-term expected rate of return on pension plan investments was determined using a building-block method in which best-estimate ranges of expected future real rates of return (expected returns, net of pension plan investment expense and inflation) are developed for each major asset class. In determining the long-term expected rate of return, staff took into account both short-term and long-term market return expectations as well as the expected pension fund cash flows. Such cash flows were developed assuming that both members and employers will make their required contributions on time and as scheduled in all future years. Using historical returns of all the funds’ asset classes, expected compound (geometric) returns were calculated over the short-term (first 10 years) and the long-term (11-60 years) using a building block approach. Using the expected nominal returns for both short-term and long-term, the present value of benefits was calculated for each fund. The expected rate of return was set by calculating the single equivalent expected return that arrived at the same present value of benefits for cash flows as the one calculated using both short-term and long-term returns. The expected rate of return was then set equivalent to the single equivalent rate calculated above and rounded down to the nearest one quarter of one percent.

The table below reflects long-term expected real rate of return by asset class. The rate of return was calculated using the capital market assumptions applied to determine the discount rate and asset allocation. These geometric rates of return are net of administrative expenses.

Assumed Asset
Asset Class Allocation Real Return1,2
Global equity - cap-weighted 30.00% 4.45%
Global equity - non-cap-weighted 12.00% 3.84%
Private equity 13.00% 7.28%
Treasury 5.00% 0.27%
Mortgage-backed securities 5.00% 0.50%
Investment grade corporates 10.00% 1.56%
High yield 5.00% 2.27%
Emerging market debt 5.00% 2.48%
Private debt 5.00% 3.57%
Real assets 15.00% 3.21%
Liquidity -5.00% -0.59%
1 An expected inflation of 2.30% used for this period.
2 Figures are based on the 2021 Asset Liability Management study.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
110
Note 12 – Pension Plans (Continued)
C. City Safety Plan (Continued)
Sensitivity of the Proportionate Share of the Net Pension Liability to Changes in the Discount Rate The following presents the City’s proportionate share of the net pension liability for the City Safety Plan, calculated using the discount rate for the City Safety Plan, as well as what the City’s proportionate share of the net pension liability would be if it were calculated using a discount rate that is one percentage point lower or one percentage point higher than the current rate:

Discount Rate - 1% Current Discount Discount Rate + 1%
(5.90%) Rate (6.90%) (7.90%)
$ 24,775,912 35,674,600 $ 15,865,459 $
Plan's Aggregate Net Pension Liability/(Asset)
Pension Plan Fiduciary Net Position
Detailed information about each pension plan’s fiduciary net position is available in the separately issued CalPERS financial reports.

Payable to the Pension Plan
At June 30, 2024, the City reported a payable of $0 for the outstanding amount of contributions to the Safety pension plan required for the year ended June 30, 2024.

D. Component Unit Miscellaneous Plan
Plan Description
All qualified permanent and probationary employees are eligible to participate in the Public Agency Cost Sharing Multiple-Employer Plan (Plan) administered by the California Public Employees’ Retirement System (CalPERS).

The Plan consists of individual rate plans (benefit tiers) within a safety risk pool (police and fire) and a miscellaneous risk pool (all other.) Plan assets may be used to pay benefits for any employer rate plan of the safety and miscellaneous pools. Accordingly, rate plans within the safety or miscellaneous pools are not separate plans under GASB Statement No. 68. Individual employers may sponsor more than one rate plan in the miscellaneous or safety risk pools. The Madera Housing Authority (Housing Authority) sponsors three miscellaneous rate plans.

Benefit provisions under the Plan are established by State statute and Housing Authority resolution. CalPERS issues publicly available reports that include a full description of the pension plan regarding benefit provisions, assumptions and membership information that can be found on the CalPERS website.

Employees Covered
At June 30, 2023, the measurement date, the following employees were covered by the benefit terms the Plan:

Active employees 20
Transferred and terminated employees 59
Retired employees and beneficiaries 33
Total 112
City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
111
Note 12 – Pension Plans (Continued)
D. Component Unit Miscellaneous Plan (Continued)
Benefits Provided
CalPERS provides service retirement and disability benefits, annual cost of living adjustments and death benefits to plan members, who must be public employees and beneficiaries. Benefits are based on years of credited service, equal to one year of full - time employment. Members with five years of total service are eligible to retire at age 50 with statutorily reduced benefits. All members are eligible for nonduty disability benefits after 10 years of service. The death benefit is one of the following: the Basic Death Benefit, the 1957 Survivor Benefit, or the Optional Settlement 2W Death Benefit. The cost of living adjustments for the Plan are applied as specified by the Public Employees’ Retirement Law.

Following are the benefit provisions for each plan:

Prior to January 1, 2011 thru On or After
Hire Date January 1, 2011 January 1, 2013 January 1, 2013 Benefit formula 2.5% @ 55 2% @ 60 2% @ 62
Benefit vesting schedule 5 years service 5 years service 5 years service Benefit payments Monthly for life Monthly for life Monthly for life Retirement age 50 - 55 50 - 63 52 - 67
Monthly benefits, as a % of eligible compensation 2.000% to 2.500% 1.092% to 2.418% 1.000% to 2.500% Required employee contribution rates 8.00% 7.000% 6.250% Required employer contribution rates 12.210% 8.630% 7.590% Final Annual Compensation 1 year 1 year 1 year
Miscellaneous - Component Unit
Contributions
Section 20814(c) of the California Public Employees’ Retirement Law (PERL) requires that the employer contribution rates for all public employers be determined on an annual basis by the actuary and shall be effective on the July 1 following notice of a change in the rate. The total plan contributions are determined through the CalPERS’ annual actuarial valuation process. For public agency cost-sharing plans covered by the Miscellaneous risk pools, the Plan’s actuarially determined rate is based on the estimated amount necessary to pay the Plan’s allocated share of the risk pool’s costs of benefits earned by employees during the year, and any unfunded accrued liability. The employer is required to contribute the difference between the actuarially determined rate and the contribution rate of employees.

For the fiscal year ended September 30, 2023, employer contributions made for the Housing Authority Miscellaneous Cost- sharing Plan was $317,973.

Pension Liabilities, Pension Expenses and Deferred Outflows/Inflows of Resources Related to Pensions The Authority’s net pension liability for each Plan is measured as the proportionate share of the net pension liability. The net pension liability of the Plans is measured as of June 30, 2023, and the total pension liability for each Plan used to calculate the net pension liability was determined by an actuarial valuation as of June 30, 2022 rolled forward to June 30, 2023 using standard update procedures. The Authority’s proportion of the net pension liability was based on a projection of the Authority’s long-term share of contributions to the pension plans relative to the projected contributions of all participating employers, actuarially determined.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
112
Note 12 – Pension Plans (Continued)
D. Component Unit Miscellaneous Plan (Continued)
Pension Liabilities, Pension Expenses and Deferred Outflows/Inflows of Resources Related to Pensions (Continued)
As of September 30, 2023, the Authority reported net pension liability for its proportionate shares of the net pension liability of the Housing Authority Miscellaneous Plan as follows:

Plan Total Pension Plan Fiduciary Net Plan Net Pension
Liability Position Liability/(Asset)
Balance at: 6/30/22 (Valuation date) 11,831,764 $ 7,800,039 $ 4,031,725 $ Balance at: 6/30/23 (Measurement date) 11,748,328 7,606,176 4,142,152 Net Changes during 2022-2023 (83,436) (193,863) 110,427 Increase (Decrease)
The following is the approach established by the plan actuary to allocate the net pension liability and pension expense to the individual employers within the risk pool. (1) In determining a cost-sharing plan’s proportionate share, total amounts of liabilities and assets are first calculated for the risk pool as a whole on the valuation date (June 30, 2022). The risk pool’s fiduciary net position (“FNP”) subtracted from its total pension liability (“TPL”) determines the net pension liability (“NPL”) at the valuation date.
(2) Using standard actuarial roll forward methods, the risk pool TPL is then computed at the measurement date (June 30, 2023). Risk pool FNP at the measurement date is then subtracted from this number to compute the NPL for the risk pool at the measurement date. For purposes of FNP in this step and any later reference thereto, the risk pool’s FNP at the measurement date denotes the aggregate risk pool’s FNP at June 30, 2022 less the sum of all additional side fund (or unfunded liability) contributions made by all employers during the measurement period (2022-23).
(3) The individual plan’s TPL, FNP and NPL are also calculated at the valuation date. (4) Two ratios are created by dividing the plan’s individual TPL and FNP as of the valuation date from (3) by the amounts in step (1), the risk pool’s total TPL and FNP, respectively. (5) The plan’s TPL as of the Measurement Date is equal to the risk pool TPL generated in (2) multiplied by the TPL ratio generated in (4). The plan’s FNP as of the Measurement Date is equal to the FNP generated in (2) multiplied by the FNP ratio generated in (4) plus any additional side fund (or unfunded liability) contributions made by the employer on behalf of the plan during the measurement period. (6) The plan’s NPL at the Measurement Date is the difference between the TPL and FNP calculated in (5).

The Authority’s proportionate share of the net pension liability for the Housing Authority Miscellaneous Plan as of June 30, 2022 and 2023 was as follows:

Proportion June 30, 2022 0.08616%
Proportion June 30, 2023 0.08284%
Change - Increase (Decrease) -0.00333%
For the twelve months ended September 30, 2023, the Authority recognized pension expense in the amount of $49,781 for the Housing Authority Miscellaneous Plan.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
113
Note 12 – Pension Plans (Continued)
D. Component Unit Miscellaneous Plan (Continued)
Pension Liabilities, Pension Expenses and Deferred Outflows/Inflows of Resources Related to Pensions (Continued)
The amortization period differs depending on the source of the gain or loss. The difference between projected and actual earnings is amortized over 5-years straight line. All other amounts are amortized straight-line over the average expected remaining service lives of all members that are provided with benefits (active, inactive and retired) as of the beginning of the measurement period.

The EARSL for PERF C for the measurement date ending June 30, 2023 is 3.8 years, which was obtained by dividing the total service years of 600,538 (the sum of remaining service lifetimes of the active employees) by 160,073 (the total number of participants: active, inactive, and retired) in PERF C. Inactive employees and retirees have remaining service lifetimes equal to 0. Total future service is based on the members’ probability of decrementing due to an event other than receiving a cash refund.

At September 30, 2023, the Authority reported deferred outflows of resources and deferred inflows of resources related to pensions from the following sources:

Deferred Outflows Deferred Inflows
of Resources of Resources
Pension contributions made subsequent
to measurement date 21,663 $ - $
Difference between projected and actual earning on
pension plan investments 670,652 -
Adjustment due to differences in proportions - (362,539) Changes in assumptions 250,079 -
Difference between actual and expected experience 211,604 (32,825) Difference between employer's actual contributions
and proportionate share of contributions 62,910 (33,763) Total $ (429,127) 1,216,908 $
For the Housing Authority Miscellaneous Plan, $21,663 was reported as deferred outflows of resources related to pensions resulting from Authority’s contributions subsequent to the measurement date will be recognized as a reduction of the net pension liability in the year ended September 30, 2024.

Other amounts reported as deferred outflows of resources and deferred inflows of resources related to pensions will be recognized in pension expense as follows:

Year Ended June 30,
Deferred Outflows/
(Inflows) of Resources
2024 176,382 $
2025 82,958
2026 487,534
2027 19,244
2028 -
Thereafter -
$ 766,118
City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
114
Note 12 – Pension Plans (Continued)
D. Component Unit Miscellaneous Plan (Continued)
Actuarial Methods and Assumptions Used to Determine Total Pension Liability For the measurement period ended June 30, 2023 (the measurement date), the total pension liability was determined by rolling forward the June 30, 2022 total pension liability. Both the June 30, 2022 and the June 30, 2023 total pension liabilities were based on the following actuarial methods and assumptions:

Actuarial Cost Method
Actuarial Assumptions:

Discount Rate
Inflation
Salary Increases
Investment Rate of Return
Mortality Rate Table
Post Retirement Benefit Increase

6.90%
Derived using CalPERS’ Membership Data for all Funds.

Contract COLA up to 2.30% until Purchasing Power Protection Allowance Floor on Purchasing Power applies, 2.30% thereafter
Entry Age Normal in accordance with the requirement of GASB Statement No. 68

6.90%

2.30%
Varies by Entry Age and Service
The underlying mortality assumptions and all other actuarial assumptions used in the June 30, 2021 valuation were based on the results of December 2017 actuarial experience study for the period 1997 to 2015. Further details of the Experiences Study can be found on the CalPERS website.

Discount Rate
The discount rate used to measure the total pension liability was 6.90%. To determine whether the municipal bond rate should be used in the calculation of a discount rate for each plan, CalPERS stress tested plans that would most likely result in a discount rate that would be different from the actuarially assumed discount rate. Based on the testing, none of the tested plans run out of assets. Therefore, the current 6.90% discount rate is adequate and the use of the municipal bond rate calculation is not necessary. The long term expected discount rate of 6.90% is applied to all plans in the Public Employees Retirement Fund. The stress test results are presented in a detailed report called “GASB Crossover Testing Report” that can be obtained at CalPERS’ website under the GASB 68 section.

The long-term expected rate of return on pension plan investments was determined using a building-block method in which best-estimate ranges of expected future real rates of return (expected returns, net of pension plan investment expense and inflation) are developed for each major asset class. In determining the long-term expected rate of return, staff took into account both short-term and long-term market return expectations as well as the expected pension fund cash flows. Such cash flows were developed assuming that both members and employers will make their required contributions on time and as scheduled in all future years. Using historical returns of all the funds’ asset classes, expected compound (geometric) returns were calculated over the short-term (first 10 years) and the long-term (11-60 years) using a building block approach. Using the expected nominal returns for both short-term and long-term, the present value of benefits was calculated for each fund. The expected rate of return was set by calculating the single equivalent expected return that arrived at the same present value of benefits for cash flows as the one calculated using both short-term and long-term returns. The expected rate of return was then set equivalent to the single equivalent rate calculated above and rounded down to the nearest one quarter of one percent.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
115
Note 12 – Pension Plans (Continued)
D. Component Unit Miscellaneous Plan (Continued)
Discount Rate (Continued)
The table below reflects long-term expected real rate of return by asset class. The rate of return was calculated using the capital market assumptions applied to determine the discount rate and asset allocation. These geometric rates of return are net of administrative expenses.

Assumed Asset
Asset Class Allocation Real Return1,2
Global equity - cap-weighted 30.00% 4.45%
Global equity - non-cap-weighted 12.00% 3.84%
Private equity 13.00% 7.28%
Treasury 5.00% 0.27%
Mortgage-backed securities 5.00% 0.50%
High yield 5.00% 2.27%
Private debt 5.00% 3.57%
Real assets 15.00% 3.21%
Liquidity -5.00% -0.59%
1 An expected inflation of 2.30% used for this period.
2 Figures are based on the 2021 Asset Liability Management study.

Sensitivity of the Proportionate Share of the Net Pension Liability to Changes in the Discount Rate The following presents the Authority’s proportionate share of the net pension liability for the Housing Authority Miscellaneous Plan, calculated using the discount rate for the Housing Authority Miscellaneous Plan, as well as what the City’s proportionate share of the net pension liability would be if it were calculated using a discount rate that is one percentage point lower or one percentage point higher than the current rate:

Discount Rate - 1% Current Discount Discount Rate + 1%
(5.90%) Rate (6.90%) (7.90%)
$ 4,142,152 5,731,063 $ 2,834,342 $
Plan's Aggregate Net Pension Liability/(Asset)
Pension Plan Fiduciary Net Position
Detailed information about each pension plan’s fiduciary net position is available in the separately issued CalPERS financial reports.

Payable to the Pension Plan
At September 30, 2023, the Housing Authority reported a payable of $0 for the outstanding amount of contributions to the pension plan required for the fiscal year ended September 30, 2023.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
116
Note 13 – Other Postemployment Benefits
A. Summary
Governmental Business-Type
Activities Activities Total
Deferred outflows of resources:

Employer contributions made
subsequent to the measurement date 230,888 $ 44,496 $ 275,384 $ Difference between expected and actual experience 365,227 70,380 435,607 Changes in assumptions 298,497 57,523 356,020
Total deferred outflows of resources $ 172,399 894,612 $ 1,067,011 $ Total OPEB liability:

Total OPEB liability 4,047,030 $ 779,897 $ 4,826,927 $
Total OPEB liability $ 779,897 4,047,030 $ 4,826,927 $
Deferred inflows of resources:

Changes in assumptions 190,479 $ 36,706 $ 227,185 $
Total deferred inflows of resources $ 36,706 190,479 $ 227,185 $ OPEB Expense $ 96,312 499,781 $ 596,093 $
B. General Information about OPEB
Plan Description
The City administers a single employer defined benefit (implicit subsidy) healthcare plan. No assets have been accumulated in a trust for the payment of benefits that meets the criteria in paragraph 4 of Governmental Accounting Standards Board Statement No. 75.

Employees from groups other than Management who have attained age 50 and completed at least five years of PERS service or who become eligible for medical disability benefits under PERS, are eligible to retire and participate in the City's healthcare plans by paying COBRA premiums based on 102% of the premiums applicable to active employees. Spouses and eligible dependent children of retirees may also be covered at the retiree's expense. Eligibility for this benefit ends at age 65 or when the individual becomes eligible for Medicare.

Management employees, who meet the requirements, may retire and receive City-paid medical insurance for the retiree only. This is a grandfathered benefit and is no longer offered prospectively to new Management employees, nor is it provided to any employee who did not meet required criteria as of December 31, 2018. Once the retiree attains age 65, a Medicare Supplement benefit is payable by the City for the retiree only, for the retiree's further lifetime. Employees from Management who do not have the grandfathered benefit are eligible to retire and participate in the City's healthcare plans by paying COBRA premiums based on 102% of the premiums applicable to active employees.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
117
Note 13 – Other Postemployment Benefits (Continued)
B. General Information about OPEB (Continued)
Covered Employees
Membership in the plan consisted of the following at June 30, 2023, the date of the latest actuarial valuation:

Active employees 229
Transferred and terminated employees -
Retired employees and beneficiaries 12
Total 241
Contributions
The obligation of the City to contribute to the plan is established and may be amended by the City Council. The City Council has established a policy of paying the premiums of the actuarially determined contribution (ADC) on a pay as you go basis. For the fiscal year ended June 30, 2024, the City’s average contribution rate was 2.41% of covered-employee payroll. Employees are not required to contribute to the plan.

C. Total OPEB Liability, OPEB Expense and Deferred Outflows/Inflows of Resources Related to OPEB Total OPEB Liability
The City’s total OPEB liability was measured as of June 30, 2023. The total OPEB liability used to calculate the net OPEB liability was determined by an actuarial valuation as of June 30, 2023. The total OPEB liability at June 30, 2023 was $4,826,927.

Actuarial Assumptions
The total OPEB liability in the June 30, 2022 actuarial valuation was determined using the following actuarial assumptions, applied to all periods included in the measurement, unless otherwise specified:

Actuarial Assumptions:

Discount Rate
Inflation
Aggregate payroll increases
Expected long-term investment rate of return
Mortality, Termination, and Disability
Mortality Improvement Scale
Healthcare Trend Rate

3.86%

2.50%

3.00%
n/a
CalPERS 2021 Experience Study
Modified projected fully generational with Scale MP-2014

6.00 percent for 2023, 5.50 percent for 2024, 5.25 percent for 2025-2029,

5.00 percent for 2030-2039, 4.75 precent for 2040-2049, 4.50 percent for 2050-2069, and 4.00 percent for 2070 and later years; Medicare ages:

4.50 percent for 2023-2029 and 4.00 percent for 2030 and later years.

The actuarial assumptions used in the June 30, 2022 valuation were based on the results of an actuarial experience study for the period July 1, 2021 through June 30, 2022.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
118
Note 13 – Other Postemployment Benefits (Continued)
C. Total OPEB Liability, OPEB Expense and Deferred Outflows/Inflows of Resources Related to OPEB (Continued)
Changes in Assumptions
The City’s discount rate used to measure the total OPEB liability increased from 3.69 to 3.86 percent for the measurement period ended June 30, 2023.

Discount Rate
The discount rate used to measure the total OPEB liability was 3.86% percent. This discount rate is the mid-point, rounded to five basis points, of the range of 3-20 year municipal bond rate indices; S&P Municipal bond 20 Year High Grade Rate Index, Bond Buyer 20-Bond GO Index, and Fidelity GO AA 20 Year Bond Index.

Change in the Total OPEB Liability
Total OPEB
Liability
Balance at June 30, 2022 (Measurement Date) 4,563,470 $ Changes Recognized for the Measurement Period:

Service Cost 311,082
Interest on the total OPEB liability 177,365
Changes of assumptions (87,924)
Benefit payments (137,066)
Net Changes during July 1, 2022 to June 30, 2023 263,457 Balance at June 30, 2023 (Measurement Date) 4,826,927 $ Sensitivity of the Total OPEB Liability to Changes in the Discount Rate The following presents the total OPEB liability of the City, as well as what the City’s total OPEB liability would be if it were calculated using a discount rate that is 1-percentage-point lower (2.69 percent) or 1-percentage- point higher (4.69 percent) than the current discount rate:

Discount Rate - 1% Current Discount Discount Rate + 1%
(2.86%) Rate (3.86%) (4.86%)
$ 4,826,927 5,367,489 $ 4,341,077 $
Plan's Total OPEB Liability
Sensitivity of the Total OPEB Liability to Changes in the Health Care Cost Trend Rates The following presents the total OPEB liability of the City, as well as what the City’s total OPEB liability would be if it were calculated using healthcare cost trend rates that are 1-percentage-point lower or 1-percentage-point higher than the current healthcare cost trend rates:

Healthcare Cost
-1% Trend Rates 1%
$ 4,826,927 4,146,518 $ 5,649,593 $
Plan's Total OPEB Liability
City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
119
Note 13 – Other Postemployment Benefits (Continued)
C. Total OPEB Liability, OPEB Expense and Deferred Outflows/Inflows of Resources Related to OPEB (Continued)
OPEB Expense and Deferred Outflows of Resources and Deferred Inflows of Resources Related to OPEB For the fiscal year ended June 30, 2024, the City recognized OPEB expense of $596,093. At June 30, 2024, the City reported deferred outflows of resources and deferred inflows of resources related to OPEB from the following sources:

Deferred outflows Deferred inflows
of Resources of Resources
Employer contributions made
subsequent to the measurement date 275,384 $ - $
Difference between expected and actual experience 435,607 - Changes of assumptions 356,020 (227,185)
Total $ (227,185) 1,067,011 $
The difference between projected OPEB plan investment earnings and actual earnings is amortized over a five year period. The remaining gains and losses are amortized over the expected average remaining service life. The expected average remaining service life is 10.0 years, which was determined as of June 30, 2022, the beginning of the measurement period, for employees covered by the OPEB plan benefit terms as of the valuation date.

For the OPEB plan, $275,384 was reported as deferred outflows of resources related to OPEB resulting from the City’s contributions subsequent to the measurement date will be recognized as a reduction of the net OPEB liability in the year ended June 30 2025. Other amounts reported as deferred outflows of resources related to OPEB will be recognized as future OPEB expense as follows:

Year Ended Deferred Outflows/
June 30, (Inflows) of Resources
2025 107,647 $
2026 107,647
2027 125,318
2028 101,335
2029 50,299
Thereafter 72,196
$ 564,442
Note 14 – Deferred Compensation Plan
A. City
The City offers its employees a deferred compensation plan in accordance with Internal Revenue Code Section 457. The plan was amended so that the assets of the plan are held in trust for the exclusive benefit of the participants and their beneficiaries. The employer is not required to contribute to the deferred compensation plan but is required for full time non-management, non-sworn employees. Since the plan assets are administered by an outside party and not subject to the claims of the City’s general creditors, their assets and related liabilities are not on the City’s financial statements in accordance with Governmental Accounting Standards Board (GASB) Statement No. 97, “Certain Component Unit Criteria, and Accounting and Financial Reporting for Internal Revenue Code Section 457 Deferred Compensation Plans – An Amendment of GASB Statements No. 14 and No. 84, and a Supersession of GASB Statement No. 32.”
City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
120
Note 14 – Deferred Compensation Plan (Continued)
B. Component Unit
The Housing Authority offers all of its full-time employees a deferred compensation plan (the Plan) created in accordance with Internal Revenue Code Section 457. The Plan permits employees to defer a portion of their current salary until future years. Participating employees may begin to receive the balance of their deferred compensation account upon termination, retirement, death, or emergency. Employees may also borrow against their deferred compensation account while employed (up to 50% of the current balance) under the deferred compensation loan program. Employees direct the investment of Plan assets into certificates of deposits and various mutual funds. The Housing Authority has insignificant administrative duties.

Note 15 – Service Concession Agreement
On June 21,2023, the City approved an amendment to the Madera Municipal Golf Course Operation and Management Lease Agreement (Agreement) with Sierra Golf Management Inc. dba Sierra Golf Management, Inc. (SGM), extending the term to five years after the current lease agreements expiration on June 30,2023, and making various economic modifications. The Agreement would be for 5 years and includes, at City discretion, one option to extend the term an additional five years. This would mean the agreement would expire on June 30, 2028, with the five-year extension available through June 30, 2033. The Agreement would increase the base rent to the present value of $65,000 annually to lease the golf course and clubhouse facilities. SGM will remit $2.75 per round of golf to the City in years one through four. The remittance will increase to $3.00 per round in year five. SGM, the Clubhouse Tenant, currently Sugar Pine Smokehouse (SPS), and the City will each contribute $25,000 annually to a capital improvement fund. Thus, the grand contribution for capital improvements annually shall be $75,000. City will hold SGM capital funds of $50k per year until capital projects are completed. SGM is required to operate and maintain the golf course in accordance with the Agreement.

Note 16 – Other Required Disclosures
A. Deficit Fund Balances/Net Position
At June 30, 2024, the following funds had a fund balances (deficit) or unrestricted net position (deficit), which will be eliminated by the City as follows:

Fund Fund Type Deficit Plan to eliminate deficit
Park Development Fund Special Revenue Fund $ Federal grant reimbursement 451,459 Federal Aid Urban Fund Special Revenue Fund Federal grant reimbursement 197,578 Solar Energy Lease Fund Capital Projects Fund Interfund cost allocation 674,459 Facilities Maintenance Fund Internal Service Fund 444,921 Interfund cost allocation RDA Successor Agency Fund Private Purpose Trust Fund 24,004,728 Continued RPTTF payments from State City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
121
Note 17 – Fund Balance Classification
The City classifies fund balances, as shown on the Balance Sheet – Governmental Funds, as follows as of June 30, 2024:

General
Development Measure "T" American Non-major
General Impact Sales Tax Rescue Plan Governmental
Fund Fee Fund Fund Act Fund Funds Total
Nonspendable
Prepaid items 65,437 $ - $ - $ - $ 12,879 $ 78,316 $
Inventories 94,255 - - - - 94,255
Total nonspendable - 159,692 - - 12,879 172,571
Restricted
Community development - - - - 12,094,267 12,094,267
Parking improvements - - - - 131,873 131,873
Public works and transportation - - 17,102,690 - 5,072,307 22,174,997 Special assessment project - - - 347,218 549,778 896,996 Insurance premium reserve - 4,073,298 - - - 4,073,298
Public protection - - - - 1,379,146 1,379,146
Capital projects and improvements - 18,410,037 - - 2,918,201 21,328,238 Total restricted 18,410,037 4,073,298 17,102,690 347,218 22,145,572 62,078,815 Committed
General Fund stabilization reserve 12,862,771 - - - - 12,862,771 General plan update - 50,000 - - - 50,000
Solar street light repair Installation 50,000 - - - - 50,000 Measure K - Fire Protection Stabilization 910,000 - - - - 910,000 Measure K - Police Protection Stabilization - 910,000 - - - 910,000 Measure K - Fire Protection Vehicle Replacement 1,228,540 - - - - 1,228,540 Total committed - 16,011,311 - - - 16,011,311
Assigned
Golf course capital 20,000 - - - - 20,000
Debt service 1,137,839 - - - - 1,137,839
OPEB liability 97,339 - - - - 97,339
Health insurance premiums 678,500 - - - - 678,500
Future annual stipend payments 325,000 - - - - 325,000
Measure K - Fire Protection 7,252,385 - - - - 7,252,385 Measure K - Police 3,408,176 - - - - 3,408,176
Measure K - Sales Tax Refund Reserve 900,000 - - - - 900,000 Total assigned - 13,819,239 - - - 13,819,239
Unassigned (deficit) - 14,662,398 - - (1,323,496) 13,338,902 Total fund balances $ 18,410,037 48,725,938 $ 17,102,690 $ 347,218 $ 20,834,955 $ 105,420,838 $ City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
122
Note 18 – Net Investment in Capital Assets
Net Investment in Capital Assets at June 30, 2024, consisted of the following:

Governmental Business-type Component
Activities Activities Total Unit
Total capital assets, net 190,728,744 $ 103,791,675 $ 294,520,419 $ 5,362,699 $ Less related debt:

Subscription liability (109,174) - (109,174) -
Finance purchase agreement (17,001,000) - (17,001,000) - Loans payable (182,400) (5,334,000) (5,516,400) (2,647,713) Lease revenue bonds (3,806,120) - (3,806,120) -
Bonds payable - (27,527,228) (27,527,228) -
Unspent bond proceeds 2,517,025 - 2,517,025 -
Gain on refunding of debt - (240,426) (240,426) -
Net investment in capital assets 172,147,075 $ 70,690,021 $ 242,837,096 $ 2,714,986 $ Note 19 – Commitments and Contingencies
A. Litigation
The City is currently a party to various claims and legal proceedings. Although the outcome of these lawsuits is not presently determinable, it is management’s opinion that the ultimate liabilities, if any, resulting from such claims and proceedings will not materially affect the financial position of the City.

B. Contingent Liabilities
On March 1, 1993, the City issued Certificates of Participation in the aggregate of $10,250,000 for the benefit of Madera Community Hospital (Hospital), a California nonprofit public benefit corporation. The Hospital is not included in the City’s reporting entity. The City is obligated to make the principal payments only from and to the extent that it receives revenue from the Hospital. In December of 2022, the Hospital closed and filed for bankruptcy protection on March 10, 2023. As of this report, the Hospital's bankruptcy status is still uncertain.

They are not secured by any pledge of taxes or other revenues of the City. In addition, the purchase payments are insured by the Office of Statewide Health Planning and Development of the State of California. As of June 30, 2024, the City has not recorded revenues from the Hospital.

C. Federal and State Grants
The City participates in various federal grant programs, the principal of which are subject to program compliance audits pursuant to the Single Audit act as amended. Accordingly, the City’s compliance with applicable grant requirements will be established at a future date. The amount of expenditures which may be disallowed by the granting agencies cannot be determined at this time, although the City anticipates such amounts, if any, will be immaterial.

City of Madera
Notes to the Basic Financial Statements (Continued)
For the Year Ended June 30, 2024
123
Note 19 – Commitments and Contingencies (Continued)
D. Contractual Commitments
The City has active construction projects as of June 30, 2024. At year-end, the City’s major contractual commitments are as follows:

Contract Remaining
Amount Spent-to-Date Commitment
Design Services for Faigrounds Lift Station $ 224,904 259,895 $ 34,991 $ Design Services for New Manhole Covers 237,250 155,634 81,616 Design Services for New Sidewalks 442,578 400,870 41,708 Design Services for New Traffic Signal 78,725 62,395 16,330 Design Services for Water Main Replacement 401,686 518,550 116,864 Design Services for Water Main Upgrades 223,043 128,679 94,364 Engineering Design Services for Intermodal Facility 117,818 285,961 168,143 Engineering Design Services for Sidewalk Improvements 402,344 337,693 64,651 Engineering Design Services for Westberry Bridge 1,116,584 904,105 212,479 Engineering Design Services for Westberry Bridge 1,015,144 728,091 287,053 Front Counter Remodeling Project 52,436 57,948 5,512
Loy Cook Water Tower Rehab 3,212,805 3,018,719 194,086
Manual Water Meter Replacements 938,218 891,307 46,911
Northwest Water Storage Tank 2,359,819 352,182 2,007,637 Olive Ave Widening from Gateway To Knox 348,943 380,553 31,611 PD Parking Lot 570,570 566,166 4,404
Pecan Sewer Main Emergency Repair (FJC) 2,271,390 2,232,386 39,004 Sewer & Water System Condition Assessment/Rehab 1,151,320 966,740 184,580 Sewer Main Video Inspection 505,296 536,000 30,704
Sewer System Condition Assessment/Rehab 320,320 205,690 114,630 Sewer Trunk Main Rehab at Ave 13 518,399 252,889 265,510 Solar and Energy Efficiency Equipment 18,848,862 18,194,324 654,538 Total 35,746,279 $ 31,048,953 $ 4,697,326 $
In addition, the City has various contracts with developers for the cost of public improvements made through construction of new developments within the City. The agreements are for the reimbursement of reasonable costs for the construction of public improvements within the planned developments. The City agrees to reimburse developers for the City’s proportionate share of the costs of improvements as determined by the City Engineer.

The City will not reimburse any expenses beyond the actual and reasonable costs of installing the improvements.

E. Encumbrances
The City uses an encumbrance system as an extension of normal budgetary accounting for all funds. Under this system, purchase orders, contracts, and other commitments for the expenditure of monies are recorded in order to reserve that portion of applicable appropriations. Encumbrances outstanding at year-end are recorded as restricted, committed or assigned fund balance, depending on the classification of the resources to be used to liquidate the encumbrance, since they do not constitute expenditures or liabilities. Outstanding encumbrances at year-end are automatically re-appropriated for the following year. Unencumbered and unexpended appropriations lapse at year-end. Encumbrances for operating expenditures outstanding as of June 30, 2024 amounted to $474,928.
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REQUIRED SUPPLEMENTARY INFORMATION
(Unaudited)
126
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City of Madera
Required Supplementary Information (Unaudited)
Budgetary Information
For the Year Ended June 30, 2024
127
Budgetary Information
The City adheres to the following general procedures in establishing its annual budget, which is reflected in the accompanying schedules:
 Budgets are legally adopted and formal budgetary integration is employed as a management control device during the year for the General and Special Revenue Funds. Budgets presented in this report for comparison to actual amounts are presented in accordance with accounting principles generally accepted in the United States of America. From the effective date of the budget, the amounts stated therein as proposed expenditures become appropriations to the various City departments. During the year ended June 30, 2024, the City did not prepare a budget for the American Rescue Plan Act Special Revenue Fund, SB-1186 ADA Special Revenue Fund, and Opioid Settlement Special Revenue Fund.  Reported budget amounts represent the original legally adopted budget as amended. Individual amendments were not material in relation to the original adopted budget amounts. The City Council may amend the budget to increase appropriations only by a duly adopted minute resolution during a regular meeting, providing that sufficient monies are available and that expenditures of proceeds of taxes will not be increased beyond the constitutional appropriation limit as imposed by Article XIIIB of the State Constitution. Management can transfer, without City Council approval, budgeted amounts provided they do not increase or decrease total fund appropriations adopted by the City Council.  Unexpended budgeted amounts lapse at the end of the budget year. Spending control for the fund is established by the amount of expenditures budgeted for the fund, but management control is exercised at the budgetary line item levels.
 Expenditures may not legally exceed overall budgeted appropriations.  The budgets of the City’s capital projects are primarily “long-term” budgets which emphasize major programs and capital outlay plans extending over a number of fiscal periods. Therefore, no budget-to-actual schedules are presented for Capital Projects Funds.

City of Madera
Required Supplementary Information (Unaudited)
Budgetary Comparison Schedules – General Fund
For the Year Ended June 30, 2024
128
Variance with
Final Budget
Actual Favorable/
Original Final Amounts (Unfavorable)
REVENUES:

Property taxes 11,435,119 $ 12,348,627 $ 13,393,320 $ 1,044,693 $ Sales and use taxes 18,939,052 20,239,751 19,360,846 (878,905) Other taxes 1,862,413 1,936,148 2,019,287 83,139
Investment income 477,085 1,177,883 2,308,014 1,130,131 Franchise fees 800,000 852,871 818,740 (34,131)
Licenses and permits 1,196,820 970,000 1,131,638 161,638 Fines and forfeitures 439,998 451,500 542,228 90,728
Intergovernmental 4,738,790 903,904 2,256,916 1,353,012 Charges for services 1,442,330 1,549,462 1,404,664 (144,798) Miscellaneous 399,075 417,403 593,383 175,980
Total revenues 40,847,549 41,730,682 43,829,036 2,981,487 EXPENDITURES:

Current:

General government
City clerk 574,839 417,268 390,521 26,747
City manager 1,354,364 658,984 965,312 (306,328)
Finance 505,733 653,460 513,473 139,987
City attorney 394,834 474,231 323,379 150,852
Human resources 640,342 675,984 270,409 405,575
Economic development 248,695 336,014 482,137 (146,123)
Public safety
Police 16,857,086 17,569,029 17,035,229 533,800
Fire 6,548,354 7,084,758 8,732,968 (1,648,210)
Social services 217,802 210,404 180,978 29,426
Public ways and facilities
Development and engineering 2,248,134 2,523,914 2,574,323 (50,409) Community development
Parks and community services 5,331,085 6,060,567 4,527,541 1,533,026 Culture and recreation 5,440,862 4,862,181 4,842,265 19,916 Capital outlay 3,514,839 2,045,701 1,748,240 297,461
Debt service:

Principal 259,400 267,400 273,145 (5,745)
Interest and fiscal charges 173,248 162,820 163,247 (427) Total expenditures 44,002,715 44,309,617 43,023,167 979,548 REVENUES OVER (UNDER) EXPENDITURES (3,155,166) (2,578,935) 805,869 3,961,035 OTHER FINANCING SOURCES (USES):

Transfers in 5,633,217 4,900,416 4,423,267 (477,149)
Transfers out (2,066,036) (2,158,813) (2,230,282) (71,469) Total other financing sources (uses) 2,741,603 3,567,181 2,192,985 (548,618) Net change in fund balance $ (413,563) 988,246 $ 2,998,854 3,412,417 $ FUND BALANCE:

Beginning of year 45,727,084
End of year $ 48,725,938
Budgeted Amounts
City of Madera
Required Supplementary Information (Unaudited)
Budgetary Comparison Schedules – General Development Impact Fee Special Revenue Fund For the Year Ended June 30, 2024
129
Variance with
Final Budget
Actual Favorable/
Original Final Amounts (Unfavorable)
REVENUES:

Investment income 149,025 $ 170,301 $ 744,988 $ 574,687 $ Charges for services 3,078,081 3,585,338 2,379,421 (1,205,917) Total revenues 3,755,639 3,227,106 3,124,409 (631,230)
EXPENDITURES:

Current:

Public ways and facilities 6,550 1,069,489 2,061,128 (991,639) Capital outlay 2,340,627 3,306,189 303,986 3,002,203
Total expenditures 4,375,678 2,347,177 2,365,114 2,010,564 REVENUES OVER (UNDER) EXPENDITURES (620,039) 879,929 759,295 1,379,334 OTHER FINANCING SOURCES (USES):

Transfers out (397,771) (447,239) (397,239) (50,000)
Total other financing sources (uses) (447,239) (397,771) (397,239) (50,000) Net change in fund balance $ (1,067,278) 482,158 $ 362,056 1,429,334 $ FUND BALANCE:

Beginning of year 18,047,981
End of year $ 18,410,037
Budgeted Amounts
City of Madera
Required Supplementary Information (Unaudited) (Continued) Budgetary Comparison Schedules – Measure “T” Sales Tax Special Revenue Fund For the Year Ended June 30, 2024
130
Variance with
Final Budget
Actual Favorable/
Original Final Amounts (Unfavorable)
REVENUES:

Investment income (loss) 38,548 $ - $ 579,658 $ 579,658 $ Intergovernmental 3,209,972 3,459,589 3,435,575 (24,014) Total revenues 3,459,589 3,248,520 4,015,233 555,644
EXPENDITURES:

Current:

Public ways and facilities 1,800 - - -
Capital outlay 2,878,386 10,610,400 362,933 10,247,467
Total expenditures 10,610,400 2,880,186 362,933 10,247,467 REVENUES OVER (UNDER) EXPENDITURES (7,150,811) 368,334 3,652,300 10,803,111 OTHER FINANCING SOURCES (USES):

Transfers out (897,474) (860,000) (860,000) -
Total other financing sources (uses) (860,000) (897,474) (860,000) - Net change in fund balance $ (8,010,811) (529,140) $ 2,792,300 10,803,111 $ FUND BALANCE:

Beginning of year 14,310,390
End of year $ 17,102,690
Budgeted Amounts
City of Madera
Required Supplementary Information (Unaudited) (Continued) Schedule of Changes in the Net Pension Liability and Related Ratios For the Year Ended June 30, 2024
131
Measurement period, year ended 6/30/2023 6/30/2022 6/30/2021 6/30/2020 6/30/2019 6/30/2018 6/30/2017 6/30/2016 6/30/2015 6/30/2014 Total pension liability
Service cost 1,804,008 $ 1,715,940 $ 1,606,099 $ 1,719,344 $ 1,915,335 $ 2,074,876 $ 1,857,394 $ 1,556,770 $ 1,515,655 $ 1,562,632 $ Interest on total pension liability 7,031,117 6,797,912 6,643,295 6,484,056 6,295,654 5,940,862 5,651,202 5,352,560 5,085,808 4,865,000 Differences between expected and actual
experience 198,213 (550,819) (711,985) (758,426) 1,363,296 1,082,691 1,184,077 337,609 (269,941) - Changes in assumptions 184,586 3,348,073 - - - (647,285) 4,531,204 - (1,189,492) - Changes in benefit terms - - - - - - - - - -
Benefit payments, including refunds of employee
contributions (5,658,183) (5,463,626) (5,525,027) (4,890,282) (4,548,873) (4,125,431) (3,877,650) (3,532,833) (3,412,481) (3,247,986) Net change in total pension liability 5,847,480 3,559,741 2,012,382 2,554,692 5,025,412 4,325,713 9,346,227 3,714,106 1,729,549 3,179,646 Total pension liability - beginning 97,597,059 103,444,539 95,584,677 93,029,985 88,004,573 83,678,860 74,332,633 70,618,527 68,888,978 65,709,332 Total pension liability - ending (a) $ 103,444,539 107,004,280 $ 97,597,059 $ 95,584,677 $ 93,029,985 $ 88,004,573 $ 83,678,860 $ 74,332,633 $ 70,618,527 $ 68,888,978 $ Plan fiduciary net position
Contributions - employer 3,270,441 3,617,848 3,088,563 2,776,816 2,610,704 2,395,891 2,329,046 $ 1,948,033 $ 1,603,067 $ 1,465,153 $ Contributions - employee 816,702 719,807 724,414 736,497 798,675 858,755 829,670 775,135 705,875 787,068 Investment income (net of administrative expenses) 4,381,741 (5,929,216) 14,821,011 3,166,226 3,967,331 4,851,004 5,795,462 282,173 1,164,130 7,962,241 Benefit payments (5,658,183) (5,463,626) (5,525,027) (4,890,282) (4,548,873) (4,125,431) (3,877,650) (3,532,833) (3,412,481) (3,247,986) Plan to plan resources - - - - 132 (140) (1,724) 394 - - Other (48,808) (52,136) (65,237) (89,670) (43,264) (258,000) (76,926) (32,095) (59,277) (55,556) Net change in plan fiduciary net position (7,451,402) 3,105,972 13,043,724 1,699,587 2,784,705 3,722,079 4,997,878 (559,193) 1,314 6,910,920 Plan fiduciary net position - beginning 78,350,446 70,899,044 65,306,722 63,607,135 60,822,430 57,100,351 52,102,473 52,661,666 52,660,352 45,749,432 Plan fiduciary net position - ending (b) $ 70,899,044 74,005,016 $ 78,350,446 $ 65,306,722 $ 63,607,135 $ 60,822,430 $ 57,100,351 $ 52,102,473 $ 52,661,666 $ 52,660,352 $ Net pension liability - ending (a)-(b) $ 32,545,495 32,999,264 $ 19,246,613 $ 30,277,955 $ 29,422,850 $ 27,182,143 $ 26,578,509 $ 22,230,160 $ 17,956,861 $ 16,228,626 $ Plan fiduciary net position as a percentage
of the total pension liability 69.16% 68.54% 80.28% 68.32% 68.37% 69.11% 68.24% 70.09% 74.57% 76.44% Covered payroll 10,124,246 $ 9,829,365 $ 9,543,073 $ 10,054,641 $ 11,058,515 $ 12,035,942 $ 10,240,349 $ 9,298,593 $ 8,909,327 $ 8,873,549 $ Net pension liability as a percentage of
covered payroll 325.94% 331.10% 201.68% 301.13% 266.07% 225.84% 259.55% 239.07% 201.55% 182.89% Miscellaneous Plan
Last Ten Years
City of Madera
Required Supplementary Information (Unaudited) (Continued) Schedule of the City’s Proportionate Share of the Net Pension Liability and Related Ratios For the Year Ended June 30, 2024
132
Measurement period, year ended 6/30/2023 6/30/2022 6/30/2021 6/30/2020 6/30/2019 Plan's proportion of the net pension liability 0.369840% 0.343440% 0.390215% 0.318266% 0.317253% Plan's proportionate share of the net pension liability 24,775,912 $ 23,599,525 $ 13,694,549 $ 21,203,994 $ 19,804,633 $ Plan's covered payroll 5,303,294 $ 5,148,829 $ 4,998,863 $ 4,853,265 $ 4,711,908 $ Plan's proportionate share of the net pension liability as a percentage of covered payroll 467.18% 458.35% 273.95% 436.90% 420.31% Plan's fiduciary net position 54,670,892 $ 53,677,069 $ 58,522,823 $ 48,543,855 $ 48,056,036 $ Plan's fiduciary net position as a percentage of the
total pension liability 68.81% 69.46% 81.04% 69.60% 70.82% Plan's proportionate share of aggregate
employer contributions 3,202,253 $ 3,055,010 $ 2,879,830 $ 2,464,699 $ 2,197,168 $ Measurement period, year ended 6/30/2018 6/30/2017 6/30/2016 6/30/2015 6/30/2014 Plan's proportion of the net pension liability 0.319144% 0.314800% 0.324000% 0.340000% 0.337500% Plan's proportionate share of the net pension liability 18,725,928 $ 18,807,385 $ 16,778,473 $ 14,009,122 $ 12,759,288 $ Plan's covered payroll 4,574,668 $ 4,428,574 $ 4,211,168 $ 3,797,547 $ 3,916,737 $ Plan's proportionate share of the net pension liability as a percentage of covered payroll 409.34% 424.68% 398.43% 368.90% 325.76% Plan's fiduciary net position 44,837,253 $ 41,761,897 $ 37,574,019 $ 38,216,008 $ 37,919,898 $ Plan's fiduciary net position as a percentage of the
total pension liability 44.92% 44.75% 46.68% 53.15% 57.52% Plan's proportionate share of aggregate
employer contributions 1,942,249 $ 1,806,992 $ 1,650,502 $ 1,388,656 $ 1,405,797 $ Safety Plan
Last Ten Years
City of Madera
Required Supplementary Information (Unaudited) (Continued) Schedule of the City’s Proportionate Share of the Net Pension Liability and Related Ratios For the Year Ended June 30, 2024
133
Measurement period, year ended 6/30/2023 6/30/2022 6/30/2021 6/30/2020 6/30/2019 Plan's proportion of the net pension liability 0.082836% 0.086162% 0.132600% 0.084600% 0.084400% Plan's proportionate share of the net pension liability 4,142,152 $ 4,031,725 $ 2,517,018 $ 3,389,295 $ 3,179,336 $ Plan's covered payroll $ 941,461 1,004,364 $ 1,191,513 $ 1,280,623 $ 1,270,009 $ Plan's proportionate share of the net pension liability as a percentage of covered payroll 412.42% 428.24% 211.25% 264.66% 250.34% Plan's fiduciary net position 7,606,176 $ 7,800,039 $ 8,922,694 $ 7,134,083 $ 6,579,986 $ Plan's fiduciary net position as a percentage of the
total pension liability 54.46% 51.69% 28.21% 47.51% 48.32% Plan's proportionate share of aggregate
employer contributions 331,109 $ 336,461 $ 302,136 $ 268,409 $ 238,140 $ 1 Information only presented from the implementation year.

Measurement period, year ended 6/30/2018 6/30/2017 6/30/2016 6/30/2015 1 Plan's proportion of the net pension liability 0.082100% 0.082800% 0.088100% 0.078600% Plan's proportionate share of the net pension liability 3,235,424 $ 2,875,227 $ 2,416,697 $ 1,966,014 $ Plan's covered payroll $ 1,043,730 1,140,725 $ 982,585 $ 1,108,052 $ Plan's proportionate share of the net pension liability as a percentage of covered payroll 283.63% 275.48% 245.95% 177.43% Plan's fiduciary net position 5,930,422 $ 6,264,351 $ 6,281,657 $ 5,399,644 $ Plan's fiduciary net position as a percentage of the
total pension liability 54.56% 45.90% 38.47% 36.41%
Plan's proportionate share of aggregate
employer contributions 257,128 $ 203,184 $ 239,779 $ 232,795 $ 1 Information only presented from the implementation year.

Component Unit - Miscellaneous Plan
Last Ten Years1
City of Madera
Required Supplementary Information (Unaudited) (Continued) Schedule of Contributions – Pension
For the Year Ended June 30, 2024
134
Fiscal Year: 2023-24 2022-23 2021-22 2020-21 2019-20
Contractually determined contribution (actuarially determined) 3,775,033 $ 3,617,848 $ 3,270,441 $ 3,088,563 $ 2,776,816 $ Contributions in relation to the actuarially determined contributions (3,775,033) (3,617,848) (3,270,441) (3,088,563) (2,776,816) Contribution deficiency (excess) $ - - $ - $ - $ - $
Covered payroll 10,427,973 $ 10,124,246 $ 9,829,365 $ 9,543,073 $ 10,054,641 $ Contributions as a percentage of covered payroll 36.20% 35.73% 33.27% 32.36% 27.62% Fiscal Year: 2018-19 2017-18 2016-17 2015-16 2014-15
Contractually determined contribution (actuarially determined) 2,610,704 $ 2,395,891 $ 2,329,046 $ 1,948,033 $ 1,603,067 $ Contributions in relation to the actuarially determined contributions (2,610,704) (2,395,891) (2,329,046) (1,948,033) (1,603,067) Contribution deficiency (excess) $ - - $ - $ - $ - $
Covered payroll 11,058,515 $ 12,035,942 $ 10,240,349 $ 9,298,593 $ 8,909,327 $ Contributions as a percentage of covered payroll 23.61% 19.91% 22.74% 20.95% 17.99% Notes to Schedule
Methods and assumptions used to determine contribution rates for the fiscal year ended June 30, 2024:

Actuarial cost method Entry Age Normal
Amortization method/period For details, see June 30, 2021 Funding Valuation Report Asset valuation method Actuarial Value of Assets. For details, see June 30, 2021 Funding Valuation Report.

Inflation 2.30%
Salary increases Varies by entry age and service
Payroll growth 2.50%
Investment rate of return 6.90% net of pension plan investment and administrative expenses.

Retirement age
Mortality
Miscellaneous Plan
The actuarial methods and assumption used to set the actuarially determined contributions for Fiscal Year 2024 were derived from the June 30, 2021 funding valuation report.

The probabilities of mortality are based on the the 2021 experience study report. The mortality table was developed based on CalPERS-specific data. The rates incorporate Generational Mortality to capture ongoing mortality improvement using 80% of Scale MP 2020 published by the Society of Actuaries.

The probabilities of retirement are based on the 2021 CalPERS Experience Study for the period from 2000 and 2019.

Last Ten Years
City of Madera
Required Supplementary Information (Unaudited) (Continued) Schedule of Contributions – Pension (Continued)
For the Year Ended June 30, 2024
135
Fiscal Year: 2023-24 2022-23 2021-22 2020-21 2019-20
Contractually determined contribution (actuarially determined) 3,093,988 $ 3,202,253 $ 3,055,010 $ 2,879,830 $ 2,464,699 $ Contributions in relation to the actuarially determined contributions (3,093,988) (3,202,253) (3,055,010) (2,879,830) (2,464,699) Contribution deficiency (excess) $ - - $ - $ - $ - $
Covered payroll 5,462,393 $ 5,303,294 $ 5,148,829 $ 4,998,863 $ 4,853,265 $ Contributions as a percentage of covered payroll 56.64% 60.38% 59.33% 57.61% 50.78% Fiscal Year: 2018-19 2017-18 2016-17 2015-16 2014-15
Contractually determined contribution (actuarially determined) 2,197,168 $ 1,942,249 $ 1,806,992 $ 1,650,502 $ 1,388,656 $ Contributions in relation to the actuarially determined contributions (2,197,168) (1,942,249) (1,806,992) (1,650,502) (1,388,656) Contribution deficiency (excess) $ - - $ - $ - $ - $
Covered payroll 4,711,908 $ 4,574,668 $ 4,428,574 $ 4,211,168 $ 3,797,547 $ Contributions as a percentage of covered payroll 46.63% 42.46% 40.80% 39.19% 36.57% Notes to Schedule
Methods and assumptions used to determine contribution rates for the fiscal year ended June 30, 2024:

Actuarial cost method Entry Age Normal
Amortization method/period For details, see June 30, 2021 Funding Valuation Report Asset valuation method Actuarial Value of Assets. For details, see June 30, 2021 Funding Valuation Report.

Inflation 2.30%
Salary increases Varies by entry age and service
Payroll growth 2.50%
Investment rate of return 6.90% net of pension plan investment and administrative expenses.

Retirement age
Mortality
Safety Plan
The actuarial methods and assumption used to set the actuarially determined contributions for Fiscal Year 2024 were derived from the June 30, 2021 funding valuation report.

The probabilities of retirement are based on the 2021 CalPERS Experience Study for the period from 2000 and 2019.

The probabilities of mortality are based on the the 2021 experience study report. The mortality table was developed based on CalPERS-specific data. The rates incorporate Generational Mortality to capture ongoing mortality improvement using 80% of Scale MP 2020 published by the Society of Actuaries.

Last Ten Years
City of Madera
Required Supplementary Information (Unaudited) (Continued) Schedule of Contributions – Pension (Continued)
For the Year Ended June 30, 2024
136
Fiscal Year: 2023-24 2022-23 2021-22 2020-21 2019-20
Contractually determined contribution (actuarially determined) 21,663 $ 331,109 $ 336,461 $ 302,136 $ 268,409 $ Contributions in relation to the actuarially determined contributions (21,663) (331,109) (336,461) (302,136) (268,409) Contribution deficiency (excess) $ - - $ - $ - $ - $
Covered payroll 1,004,364 $ 941,461 $ 1,191,513 $ 1,280,623 $ 1,270,009 $ Contributions as a percentage of covered payroll 2.16% 35.17% 28.24% 23.59% 21.13% Fiscal Year: 2018-19 2017-18 2016-17 2015-161
Contractually determined contribution (actuarially determined) 238,140 $ 257,128 $ 203,184 $ 239,779 $ Contributions in relation to the actuarially determined contributions (238,140) (257,128) (203,184) (239,779) Contribution deficiency (excess) $ - - $ - $ - $
Covered payroll 1,140,725 $ 1,043,730 $ 982,585 $ 1,108,052 $ Contributions as a percentage of covered payroll 20.88% 24.64% 20.68% 21.64% Notes to Schedule
Methods and assumptions used to determine contribution rates for the fiscal year ended June 30, 2024:

Actuarial cost method Entry Age Normal
Amortization method/period For details, see June 30, 2021 Funding Valuation Report Asset valuation method Actuarial Value of Assets. For details, see June 30, 2021 Funding Valuation Report.

Inflation 2.30%
Salary increases Varies by entry age and service
Payroll growth 2.50%
Investment rate of return 6.90% net of pension plan investment and administrative expenses.

Retirement age
Mortality
1 Information only presented from the implementation year Component Unit - Miscellaneous Plan
The actuarial methods and assumption used to set the actuarially determined contributions for Fiscal Year 2024 were derived from the June 30, 2021 funding valuation report.

The probabilities of retirement are based on the 2021 CalPERS Experience Study for the period from 2000 and 2019.

The probabilities of mortality are based on the the 2021 experience study report. The mortality table was developed based on CalPERS-specific data. The rates incorporate Generational Mortality to capture ongoing mortality improvement using 80% of Scale MP 2020 published by the Society of Actuaries.

Last Ten Years1
City of Madera
Required Supplementary Information (Unaudited) (Continued) Schedule of Changes in Total OPEB Liability and Related Ratios For the Year Ended June 30, 2024
137
Measurement period, year ending: 6/30/2023 6/30/2022 6/30/2021 6/30/2020 6/30/2019 6/30/2018 6/30/2017 1 Total OPEB liability
Service cost 311,082 $ 266,779 $ 188,828 $ 159,827 $ 148,304 $ 196,158 $ 165,796 $ Interest 177,365 84,763 95,919 104,757 110,666 97,813 92,870 Changes of benefit terms - (179,263) - - - (219,769)
Differences between expected and actual experience - 416,211 - 156,277 - 74,529 - Changes of assumptions (87,924) (99,963) 255,972 263,250 183,321 (254,393) - Benefit payments, including refunds of member contributions (137,066) (145,380) (92,662) (196,273) (132,070) (89,635) (111,633) Net change in total OPEB liability 343,147 263,457 448,057 487,838 310,221 (195,297) 147,033 Total OPEB liability - beginning 4,220,323 4,563,470 3,772,266 3,284,428 2,974,207 3,169,504 3,022,471 Total OPEB liability - ending (a) $ 4,563,470 4,826,927 $ 4,220,323 $ 3,772,266 $ 3,284,428 $ 2,974,207 $ 3,169,504 $ OPEB fiduciary net position2
Contributions - employer 137,066 $ 145,380 $ 92,662 $ 196,273 $ 132,070 $ 89,635 $ 111,633 $ Net investment income - - - - - - -
Benefit payments, including refunds of member contributions (137,066) (145,380) (92,662) (196,273) (132,070) (89,635) (111,633) Administrative expense - - - - - - -
Net change in plan fiduciary net position - - - - - - - Plan fiduciary net position - beginning - - - - - - -
Plan fiduciary net position - ending (b) $ - - $ - $ - $ - $ - $ - $ Plan net OPEB liability - ending (a) - (b) $ 4,563,470 4,826,927 $ 4,220,323 $ 3,772,266 $ 3,284,428 $ 2,974,207 $ 3,169,504 $ Plan fiduciary net position as a percentage of the total OPEB liability 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Covered-employee payroll $ 11,444,154 15,951,498 $ 11,110,829 $ 10,787,213 $ 13,763,983 $ 13,752,967 $ 13,352,395 $ Plan net OPEB liability as a percentage of covered-employee payroll 30.26% 39.88% 37.98% 34.97% 23.86% 21.63% 23.74% 1 Information only presented from the implementation year. 2 The City has no assets accumulated in a trust that meets the requirements of GASB. Therefore no OPEB fiduciary net position balance is noted.

Last Ten Years1
138
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SUPPLEMENTARY INFORMATION
139
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140
Special Revenue Funds:

Special Gas Tax Fund - This fund is used to account for the receipt of gasoline tax revenue paid to the City as a subvention from the State of California. These funds support maintenance activities and finance street construction projects as provided by State law.

Business Improvement District Fund - This fund is used to account for the City's efforts of the Business Improvement District (BID) to promote commerce in downtown Madera. The funding source is assessment fees.

Park Development Fund - This fund is used for park land acquisition and development. Principal revenue sources are parks acquisition and development fees collected from developers and state revenues for park development.

Parking District Fund - This fund is used to support the activities of the City's Parking Enforcement Office. Nonsworn officers patrol a designated area in Madera's downtown and issue citations to motorists who violate the City's vehicle ordinances.

Federal Aid Urban Fund - This fund is used to report various federal grants awarded to the City by the Federal government not otherwise accounted for in the General Fund or Capital Projects funds. A separate detailed report by program is available which meets the criteria of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, for all federal grants received by the City.

Street Construction Fund - This fund is used to account for right-of-way acquisition, construction, and improvements related to the City's street system. These projects are funded by various state and federal programs and matching City funds.

Landscape Assessment Fund - This fund is used to account for funds received from the landscaping assessment districts to provide for alternative sources of funding for maintenance and service of landscaping located within the public areas of the assessment districts.

Supplemental Law Enforcement Fund - This fund is used to account for revenues and expenditures associated with front line law enforcement and municipal police services. The funding source is state grant funding.

Intermodal Building Fund - This fund is used to account for the operation and maintenance of the intermodal building facility for use by the City and its tenants. The Intermodal Facility currently houses the MAX system, the Greyhound Bus terminal, and Madera Cab Co. This facility relies solely on grants and rents collected to fund its operations, and therefore does not impact the General Fund budget.

Economic Development Fund - This fund is used to account for revenues and expenditures related to programs and projects funded with Economic Development grant proceeds.

Residential Rehab Fund - This fund is used to account for revenues and expenditures related to the City's Down Payment Assistance Program (DAP) which assists low-income residents with purchasing their first homes and the Owner Occupied Rehabilitation (OOR) program that helps existing low-income homeowners make health and safety repairs to their homes.

Non-Major Governmental Funds
141
Special Revenue Funds (Continued):

Low and Moderate Income Housing Fund - This fund is used to account for the balances of the former low and moderate income housing funds of the former Madera Redevelopment Agency and revenues and expenditures related to such housing projects and programs.

Community Facilities Districts (CFD) Fund - This fund is used to account for bond and annual tax assessment proceeds to be used for the construction and implementation of off-site infrastructure improvements. In addition, the Fund accounts for services and administration of assessments received annually.

SB-1186 ADA Fund - This fund is used to account for the revenues and expenditures related to the City's SB-1186 ADA collections and disbursements.

Opioid Settlement Fund - This fund is used to account for the revenues and expenditures related to the City's share of the Opioid Settlements.

Capital Projects Funds:

Solar Energy Lease Capital Projects Fund - This fund accounts for the construction of the Solar Energy Lease Purchase projects. These projects are funded by the Solar Energy Lease Purchase debt obligations.

Streets and Roads Fund - This fund is used to account for right-of-way acquisition, construction, and improvements related to the City's street system. These projects are funded by various state and federal programs and matching City funds.

Non-Major Governmental Funds (Continued)
142
Special Business
Gas Tax Improvement Park Parking
Fund District Development District
ASSETS
Cash and investments 4,643,909 $ 3,608 $ - $ 111,744 $
Restricted cash and investments - - - -
Accounts receivable, net - 18,610 - 20,797
Intergovernmental receivable 493,078 - - -
Lease receivable - - - -
Notes receivable - - - -
Prepaid items - - - -
Land held for resale - - - -
Total assets $ 22,218 5,136,987 $ - $ 132,541 $

LIABILITIES, DEFERRED INFLOWS

OF RESOURCES, AND

FUND BALANCES
Liabilities:

Accounts payable 117,358 $ - $ 106,246 $ 543 $
Accrued payroll - - 1 125
Due to other funds - - 345,212 -
Deposits payable - - - -
Unearned revenues - - - -
Total liabilities - 117,358 451,459 668
Deferred inflows of resources:

Related to leases - - - -
Total deferred inflows of resources - - - -
Fund Balances:

Nonspendable - - - -
Restricted 5,019,629 22,218 - 131,873
Unassigned (deficit) - - (451,459) -
Total fund balances (deficit) 22,218 5,019,629 (451,459) 131,873 Total liabilities, deferred inflows of
resources, and fund balances $ 22,218 5,136,987 $ - $ 132,541 $ (Continued)
Special Revenue
Non-Major Governmental Funds
City of Madera
Combining Balance Sheet
June 30, 2024
143
Supplemental
Federal Aid Street Landscape Law
Urban Construction Assessment Enforcement
ASSETS
Cash and investments - $ - $ 541,305 $ 1,516,840 $
Restricted cash and investments - - - -
Accounts receivable, net - - - 56
Intergovernmental receivable 28,743 738,663 4,966 59,589 Lease receivable - - - -
Notes receivable - - - -
Prepaid items - 10,165 842 137
Land held for resale - - - -
Total assets $ 748,828 28,743 $ 547,113 $ 1,576,622 $

LIABILITIES, DEFERRED INFLOWS

OF RESOURCES, AND

FUND BALANCES
Liabilities:

Accounts payable 7,864 $ 26,160 $ 1,363 $ 190,920 $
Accrued payroll - - - 6,419
Due to other funds 218,457 291,344 - -
Deposits payable - - - -
Unearned revenues - - - -
Total liabilities 317,504 226,321 1,363 197,339
Deferred inflows of resources:

Related to leases - - - -
Total deferred inflows of resources - - - -
Fund Balances:

Nonspendable - 10,165 - 137
Restricted - 421,159 545,750 1,379,146
Unassigned (deficit) (197,578) - - -
Total fund balances (deficit) 431,324 (197,578) 545,750 1,379,283 Total liabilities deferred inflows of
resources, and fund balances $ 748,828 28,743 $ 547,113 $ 1,576,622 $ (Continued)
Special Revenue
City of Madera
Combining Balance Sheet (Continued)
Non-Major Governmental Funds
June 30, 2024
144
Low and
Moderate
Intermodal Economic Residential Income
Building Development Rehab Housing
ASSETS
Cash and investments - $ 1,442,503 $ 1,527,095 $ 422,387 $ Restricted cash and investments - - - -
Accounts receivable, net 430 14,664 - 2,675
Intergovernmental receivable 65,514 - - 500
Lease receivable 6,434 - - -
Notes receivable - - 7,996,577 7,000
Prepaid items 80 - 2,497 -
Land held for resale - - - 670,000
Total assets $ 1,442,503 72,458 $ 9,540,833 $ 1,102,562 $

LIABILITIES, DEFERRED INFLOWS

OF RESOURCES, AND

FUND BALANCES
Liabilities:

Accounts payable 3,829 $ - $ 11,051 $ - $
Accrued payroll 17 - 227 -
Due to other funds 9,469 - - -
Deposits payable - - - 74
Unearned revenues - - - -
Total liabilities - 13,315 11,278 74
Deferred inflows of resources:

Related to leases 6,385 - - -
Total deferred inflows of resources - 6,385 - -
Fund Balances:

Nonspendable 80 - 2,497 -
Restricted 52,678 1,442,503 9,527,058 1,102,488
Unassigned (deficit) - - - -
Total fund balances (deficit) 1,442,503 52,758 9,529,555 1,102,488 Total liabilities, deferred inflows of
resources, and fund balances $ 1,442,503 72,458 $ 9,540,833 $ 1,102,562 $ (Continued)
Special Revenue
City of Madera
Combining Balance Sheet (Continued)
Non-Major Governmental Funds
June 30, 2024
145
Capital Projects
Community Opioid
Facilities SB-1186 Settlement Solar Energy
Districts Fund Fund Lease
ASSETS
Cash and investments 2,555,950 $ 10,289 $ 121,001 $ - $ Restricted cash and investments - - - 2,517,025
Accounts receivable, net - 90 - -
Intergovernmental receivable 7,229 - - -
Lease receivable - - - -
Notes receivable - - - -
Prepaid items - - - -
Land held for resale - - - -
Total assets $ 10,379 2,563,179 $ 121,001 $ 2,517,025 $

LIABILITIES, DEFERRED INFLOWS

OF RESOURCES, AND

FUND BALANCES
Liabilities:

Accounts payable - $ - $ - $ - $
Accrued payroll - - - -
Due to other funds - - - 3,191,484
Deposits payable - - - -
Unearned revenues 76,516 - 121,001 -
Total liabilities - 76,516 121,001 3,191,484
Deferred inflows of resources:

Related to leases - - - -
Total deferred inflows of resources - - - -
Fund Balances:

Nonspendable - - - -
Restricted 2,486,663 10,379 - -
Unassigned (deficit) - - - (674,459)
Total fund balances (deficit) 10,379 2,486,663 - (674,459) Total liabilities, deferred inflows of
resources, and fund balances $ 10,379 2,563,179 $ 121,001 $ 2,517,025 $ (Continued)
City of Madera
Combining Balance Sheet (Continued)
Non-Major Governmental Funds
June 30, 2024
Special Revenue
146
Capital Projects
Total Other
Streets and Governmental
Roads Funds
ASSETS
Cash and investments $ 12,900,659 4,028 $
Restricted cash and investments 2,517,025 -
Accounts receivable, net 57,322 -
Intergovernmental receivable 1,398,282 -
Lease receivable 6,434 -
Notes receivable 8,003,577 -
Prepaid items 13,721 -
Land held for resale 670,000 -
Total assets $ 25,567,020 4,028 $

LIABILITIES, DEFERRED INFLOWS

OF RESOURCES, AND

FUND BALANCES
Liabilities:

Accounts payable $ 465,334 - $
Accrued payroll 6,789 -
Due to other funds 4,055,966 -
Deposits payable 74 -
Unearned revenues 197,517 -
Total liabilities 4,725,680 -
Deferred inflows of resources:

Related to leases 6,385 -
Total deferred inflows of resources 6,385 -
Fund Balances:

Nonspendable 12,879 -
Restricted 22,145,572 4,028
Unassigned (deficit) (1,323,496) -
Total fund balances (deficit) 20,834,955 4,028
Total liabilities, deferred inflows of
resources, and fund balances $ 25,567,020 4,028 $
(Concluded)
City of Madera
Combining Balance Sheet (Continued)
Non-Major Governmental Funds
June 30, 2024
147
Special Business
Gas Tax Improvement Park Parking
Fund District Development District
REVENUES:

Property taxes - $ - $ - $ - $
Other taxes - - - -
Investment income (loss) - - - -
Fines and forfeitures - - - 7,142
Intergovernmental 3,510,723 - 573,186 -
Charges for services - 20,092 - 17,750
Miscellaneous - - - -
Total revenues 20,092 3,510,723 573,186 24,892
EXPENDITURES:

Current:

General government - 13,537 - -
Public protection - - - -
Public ways and facilities 419,503 - - -
Community development - - - 27,158
Culture and recreation - - 538,820 -
Capital outlay 280,918 - 584,766 -
Debt service:

Principal - - - -
Interest and fiscal charges - - - -
Total expenditures 13,537 700,421 1,123,586 27,158

REVENUES OVER
(UNDER) EXPENDITURES 6,555 2,810,302 (550,400) (2,266)
OTHER FINANCING SOURCES (USES):

Transfers in - - - -
Transfers out (1,808,412) - - (2,224)
Total other financing sources (uses) - (1,808,412) - (2,224) NET CHANGES IN FUND BALANCES 6,555 1,001,890 (550,400) (4,490) FUND BALANCES (DEFICIT):

Beginning of year 4,017,739 15,663 98,941 136,363
End of year 5,019,629 $ 22,218 $ (451,459) $ 131,873 $
(Continued)
Special Revenue
Combining Statement of Revenues, Expenditures, and Changes in Fund Balances City of Madera
For the Year Ended June 30, 2024
Non-Major Governmental Funds
148
Supplemental
Federal Aid Street Landscape Law
Urban Construction Assessment Enforcement
REVENUES:

Property taxes - $ - $ - $ - $
Other taxes - - 453,183 -
Investment income - - - 15,158
Fines and forfeitures - - - -
Intergovernmental 440,985 2,014,207 - 1,969,082
Charges for services - - 224 -
Miscellaneous - 268,813 - -
Total revenues 2,283,020 440,985 453,407 1,984,240
EXPENDITURES:

Current:

General government - - - -
Public protection - - - 885,422
Public ways and facilities - 28,194 423,296 -
Community development - - - -
Culture and recreation - - - -
Capital outlay 756,507 - - 349,810
Debt service:

Principal - - - -
Interest and fiscal charges - - - -
Total expenditures 28,194 756,507 423,296 1,235,232

REVENUES OVER
(UNDER) EXPENDITURES 2,254,826 (315,522) 30,111 749,008 OTHER FINANCING SOURCES (USES):

Transfers in - - - 260,608
Transfers out - (581,360) - -
Total other financing sources (uses) (581,360) - - 260,608 NET CHANGES IN FUND BALANCES 1,673,466 (315,522) 30,111 1,009,616 FUND BALANCES (DEFICIT):

Beginning of year 117,944 (1,242,142) 515,639 369,667
End of year (197,578) $ 431,324 $ 545,750 $ 1,379,283 $ (Continued)
City of Madera
Combining Statement of Revenues, Expenditures, and Changes in Fund Balances (Continued) Non-Major Governmental Funds
For the Year Ended June 30, 2024
Special Revenue
149
Low and
Moderate
Intermodal Economic Residential Income
Building Development Rehab Housing
REVENUES:

Property taxes - $ - $ - $ - $
Other taxes - - - -
Investment income 26,032 55,735 106,063 -
Fines and forfeitures - - - -
Intergovernmental 150,092 - 424,429 250,282
Charges for services 3,221 - 4,145 -
Miscellaneous - - 1,825 23,881
Total revenues 55,735 179,345 536,462 274,163
EXPENDITURES:

Current:

General government 80,732 - - -
Public protection - - - -
Public ways and facilities 59,831 - - -
Community development - 2,000 101,540 695
Culture and recreation - - - -
Capital outlay - - - 120,320
Debt service:

Principal - - - -
Interest and fiscal charges - - - -
Total expenditures 2,000 140,563 101,540 121,015

REVENUES OVER
(UNDER) EXPENDITURES 53,735 38,782 434,922 153,148
OTHER FINANCING SOURCES (USES):

Transfers in - - 2,243 -
Transfers out (12,385) - - -
Total other financing sources (uses) - (12,385) 2,243 - NET CHANGES IN FUND BALANCES 53,735 26,397 437,165 153,148 FUND BALANCES (DEFICIT):

Beginning of year 26,361 1,388,768 9,092,390 949,340
End of year 52,758 $ 1,442,503 $ 9,529,555 $ 1,102,488 $ (Continued)
Special Revenue
City of Madera
Combining Statement of Revenues, Expenditures, and Changes in Fund Balances (Continued) Non-Major Governmental Funds
For the Year Ended June 30, 2024
150
Capital Projects
Community Opioid
Facilities SB-1186 Settlement Solar Energy
Districts Fund Fund Lease
REVENUES:

Property taxes 1,611,750 $ - $ - $ - $
Other taxes - - - -
Investment income 46,616 - - -
Fines and forfeitures - - - -
Intergovernmental - - - -
Charges for services - 10,379 - -
Miscellaneous - - - -
Total revenues 10,379 1,658,366 - -
EXPENDITURES:

Current:

General government 8,395 - - -
Public protection - - - -
Public ways and facilities - - - -
Community development - - - -
Culture and recreation - - - -
Capital outlay - - - -
Debt service:

Principal - - - 833,000
Interest and fiscal charges - - - 482,465
Total expenditures - 8,395 - 1,315,465

REVENUES OVER
(UNDER) EXPENDITURES 10,379 1,649,971 - (1,315,465)
OTHER FINANCING SOURCES (USES):

Transfers in - - - 1,315,465
Transfers out (351,821) - - -
Total other financing sources (uses) - (351,821) - 1,315,465 NET CHANGES IN FUND BALANCES 10,379 1,298,150 - -
FUND BALANCES (DEFICIT):

Beginning of year 1,188,513 - - (674,459)
End of year 2,486,663 $ 10,379 $ - $ (674,459) $
(Continued)
City of Madera
Combining Statement of Revenues, Expenditures, and Changes in Fund Balances (Continued) Non-Major Governmental Funds
For the Year Ended June 30, 2024
Special Revenue
151
Capital Projects
Total Other
Streets and Governmental
Roads Funds
REVENUES:

Property taxes $ 1,611,750 - $
Other taxes 453,183 -
Investment income 249,604 -
Fines and forfeitures 7,142 -
Intergovernmental 9,332,986 -
Charges for services 55,811 -
Miscellaneous 294,519 -
Total revenues 12,004,995 -
EXPENDITURES:

Current:

General government 102,664 -
Public protection 885,422 -
Public ways and facilities 930,824 -
Community development 131,393 -
Culture and recreation 538,820 -
Capital outlay 2,092,321 -
Debt service:

Principal 833,000 -
Interest and fiscal charges 482,465 -
Total expenditures 5,996,909 -

REVENUES OVER
(UNDER) EXPENDITURES 6,008,086 -
OTHER FINANCING SOURCES (USES):

Transfers in 1,578,316 -
Transfers out (2,756,202) -
Total other financing sources (uses) (1,177,886) -
NET CHANGES IN FUND BALANCES 4,830,200 -
FUND BALANCES (DEFICIT):

Beginning of year 16,004,755 4,028
End of year $ 20,834,955 4,028 $
(Concluded)
City of Madera
Combining Statement of Revenues, Expenditures, and Changes in Fund Balances (Continued) Non-Major Governmental Funds
For the Year Ended June 30, 2024
152
Variance with
Final Budget
Actual Favorable/
Original Final Amounts (Unfavorable)
REVENUES:

Intergovernmental 3,429,273 $ 4,411,874 $ 3,510,723 $ (901,151) $ Total revenues 4,411,874 3,429,273 3,510,723 (901,151)
EXPENDITURES:

Current:

Public ways and facilities 690,715 690,715 419,503 271,212 Capital outlay 2,145,612 5,513,903 280,918 5,232,985
Total expenditures 6,204,618 2,836,327 700,421 5,504,197 REVENUES OVER (UNDER) EXPENDITURES (1,792,744) 592,946 2,810,302 4,603,046 OTHER FINANCING SOURCES (USES):

Transfers out (1,073,151) (1,117,697) (1,808,412) (690,715) Total other financing sources (uses) (1,117,697) (1,073,151) (1,808,412) (690,715) Net change in fund balance $ (2,910,441) (480,205) $ 1,001,890 3,912,331 $ FUND BALANCE:

Beginning of year 4,017,739
End of year $ 5,019,629
City of Madera
Budgetary Comparison Schedule
Special Gas Tax Special Revenue Fund
For the Year Ended June 30, 2024
Budgeted Amounts
153
Variance with
Final Budget
Actual Favorable/
Original Final Amounts (Unfavorable)
REVENUES:

Charges for services 24,371 $ 20,000 $ 20,092 $ 92 $
Total revenues 20,000 24,371 20,092 92
EXPENDITURES:

Current:

General government 23,801 20,000 13,537 6,463
Total expenditures 20,000 23,801 13,537 6,463
Net change in fund balance $ - 570 $ 6,555 6,555 $
FUND BALANCE:

Beginning of year 15,663
End of year $ 22,218
Budgeted Amounts
City of Madera
Budgetary Comparison Schedule
Business Improvement District Special Revenue Fund
For the Year Ended June 30, 2024
154
Variance with
Final Budget
Actual Favorable/
Original Final Amounts (Unfavorable)
REVENUES:

Intergovernmental - $ - $ 573,186 $ 573,186 $
Total revenues - - 573,186 573,186
EXPENDITURES:

Current:

Culture and recreation - $ - $ 538,820 $ (538,820) $
Capital outlay 15,059 - 584,766 (584,766)
Total expenditures - 15,059 1,123,586 (1,123,586)
Net change in fund balance $ - (15,059) $ (550,400) (550,400) $ FUND BALANCE (DEFICIT):

Beginning of year 98,941
End of year $ (451,459)
City of Madera
Budgetary Comparison Schedule
Parking Development Special Revenue Fund
For the Year Ended June 30, 2024
Budgeted Amounts
155
Variance with
Final Budget
Actual Favorable/
Original Final Amounts (Unfavorable)
REVENUES:

Fines and forfeitures 19,797 $ 4,000 $ 7,142 $ 3,142 $
Charges for services 21,334 17,900 17,750 (150)
Total revenues 21,900 41,131 24,892 2,992
EXPENDITURES:

Current:

Community development 34,403 34,926 27,158 7,768
Total expenditures 34,926 34,403 27,158 7,768
REVENUES OVER (UNDER) EXPENDITURES (13,026) 6,728 (2,266) 10,760 OTHER FINANCING SOURCES (USES):

Transfers out (9,030) (2,224) (2,224) -
Total other financing sources (uses) (2,224) (9,030) (2,224) - Net change in fund balance $ (15,250) (2,302) $ (4,490) 10,760 $ FUND BALANCE:

Beginning of year 136,363
End of year $ 131,873
City of Madera
Budgetary Comparison Schedule
Parking District Special Revenue Fund
For the Year Ended June 30, 2024
Budgeted Amounts
156
Variance with
Final Budget
Actual Favorable/
Original Final Amounts (Unfavorable)
REVENUES:

Intergovernmental 3,293,021 $ 3,895,297 $ 440,985 $ (3,454,312) $ Total revenues 3,895,297 3,293,021 440,985 (3,454,312)
EXPENDITURES:

Current:

Capital outlay 2,257,782 3,947,620 756,507 3,191,113
Total expenditures 3,947,620 2,257,782 756,507 3,191,113 Net change in fund balance $ (52,323) 1,035,239 $ (315,522) (263,199) $ FUND BALANCE (DEFICIT):

Beginning of year 117,944
End of year $ (197,578)
City of Madera
Budgetary Comparison Schedule
Federal Aid Urban Special Revenue Fund
For the Year Ended June 30, 2024
Budgeted Amounts
157
Variance with
Final Budget
Actual Favorable/
Original Final Amounts (Unfavorable)
REVENUES:

Intergovernmental 3,086,290 $ 5,281,815 $ 2,014,207 $ (3,267,608) $ Miscellaneous - - 268,813 268,813
Total revenues 5,281,815 3,086,290 2,283,020 (2,998,795) EXPENDITURES:

Current:

Public ways and facilities - 44,637 28,194 16,443
Capital outlay 1,952,040 4,350,599 - 4,350,599
Total expenditures 4,395,236 1,952,040 28,194 4,367,042 REVENUES OVER (UNDER) EXPENDITURES 886,579 1,134,250 2,254,826 1,368,247 OTHER FINANCING SOURCES (USES):

Transfers out (512,000) (969,810) (581,360) (388,450)
Total other financing sources (uses) (969,810) (512,000) (581,360) (388,450) Net change in fund balance $ (83,231) 622,250 $ 1,673,466 1,756,697 $ FUND BALANCE (DEFICIT):

Beginning of year (1,242,142)
End of year $ 431,324
City of Madera
Budgetary Comparison Schedule
Street Construction Special Revenue Fund
For the Year Ended June 30, 2024
Budgeted Amounts
158
Variance with
Final Budget
Actual Favorable/
Original Final Amounts (Unfavorable)
REVENUES:

Other taxes 417,383 $ 452,614 $ 453,183 $ 569 $
Charges for services - 50 224 174
Total revenues 452,664 417,383 453,407 743
EXPENDITURES:

Current:

Public ways and facilities 405,269 443,400 423,296 20,104 Total expenditures 443,400 405,269 423,296 20,104
REVENUES OVER (UNDER) EXPENDITURES 9,264 12,114 30,111 20,847 OTHER FINANCING SOURCES (USES):

Transfers out (1,419) - - -
Total other financing sources (uses) - (1,419) - -
Net change in fund balance $ 9,264 10,695 $ 30,111 20,847 $ FUND BALANCE:

Beginning of year 515,639
End of year $ 545,750
City of Madera
Budgetary Comparison Schedule
Landscape Assessment Special Revenue Fund
For the Year Ended June 30, 2024
Budgeted Amounts
159
Variance with
Final Budget
Actual Favorable/
Original Final Amounts (Unfavorable)
REVENUES:

Investment income (loss) 1,235 $ 6,000 $ 15,158 $ 9,158 $ Intergovernmental 162,899 568,500 1,969,082 1,400,582
Total revenues 574,500 164,134 1,984,240 1,409,740
EXPENDITURES:

Current:

Public protection 204,719 383,327 885,422 (502,095)
Capital outlay - 58,398 349,810 (291,412)
Total expenditures 441,725 204,719 1,235,232 (793,507)
Net change in fund balance $ 140,757 (40,585) $ 1,009,616 868,859 $ FUND BALANCE:

Beginning of year 369,667
End of year $ 1,379,283
City of Madera
Budgetary Comparison Schedule
Supplemental Law Enforcement Special Revenue Fund
For the Year Ended June 30, 2024
Budgeted Amounts
160
Variance with
Final Budget
Actual Favorable/
Original Final Amounts (Unfavorable)
REVENUES:

Investment income (loss) - $ - $ 26,032 $ 26,032 $
Intergovernmental 50,000 184,919 150,092 (34,827)
Charges for services 38,180 29,068 3,221 (25,847)
Total revenues 213,987 88,180 179,345 (34,642)
EXPENDITURES:

Current:

General government 66,896 73,280 80,732 (7,452)
Public ways and facilities 40,009 89,806 59,831 29,975
Total expenditures 163,086 106,905 140,563 22,523
REVENUES OVER (UNDER) EXPENDITURES 50,901 (18,725) 38,782 (12,119) OTHER FINANCING SOURCES (USES):

Transfers out (4,326) (12,385) (12,385) -
Total other financing sources (uses) (12,385) (4,326) (12,385) - Net change in fund balance $ 38,516 (23,051) $ 26,397 (12,119) $ FUND BALANCE:

Beginning of year 26,361
End of year $ 52,758
City of Madera
Budgetary Comparison Schedule
Intermodal Building Special Revenue Fund
For the Year Ended June 30, 2024
Budgeted Amounts
161
Variance with
Final Budget
Actual Favorable/
Original Final Amounts (Unfavorable)
REVENUES:

Investment income (loss) 11,377 $ 5,000 $ 55,735 $ 50,735 $ Total revenues 5,000 11,377 55,735 50,735
EXPENDITURES:

Current:

Community development 2,324 5,000 2,000 3,000
Total expenditures 161,500 2,324 2,000 159,500
REVENUES OVER (UNDER) EXPENDITURES (156,500) 9,053 53,735 210,235 Net change in fund balance $ (156,500) 9,053 $ 53,735 210,235 $ FUND BALANCE:

Beginning of year 1,388,768
End of year $ 1,442,503
City of Madera
Budgetary Comparison Schedule
Economic Development Special Revenue Fund
For the Year Ended June 30, 2024
Budgeted Amounts
162
Variance with
Final Budget
Actual Favorable/
Original Final Amounts (Unfavorable)
REVENUES:

Investment income (loss) 414,944 $ 214,203 $ 106,063 $ (108,140) $ Intergovernmental - - 424,429 424,429
Charges for services - - 4,145 4,145
Miscellaneous 24,431 49,218 1,825 (47,393)
Total revenues 263,421 439,375 536,462 273,041
EXPENDITURES:

Current:

Community development 117,711 288,617 101,540 187,077
Total expenditures 288,617 117,711 101,540 187,077
Net change in fund balance $ - 321,664 $ 437,165 437,165 $ FUND BALANCE:

Beginning of year 9,092,390
End of year $ 9,529,555
City of Madera
Budgetary Comparison Schedule
Residential Rehab Special Revenue Fund
For the Year Ended June 30, 2024
Budgeted Amounts
163
Variance with
Final Budget
Actual Favorable/
Original Final Amounts (Unfavorable)
REVENUES:

Intergovernmental 194,750 $ 2,858,500 $ 250,282 $ (2,608,218) $ Miscellaneous 7,000 5,000 23,881 18,881
Total revenues 2,863,500 201,750 274,163 (2,589,337)
EXPENDITURES:

Current:

Community development 650 17,000 695 16,305
Capital outlay 1,686,384 2,698,614 120,320 2,578,294
Total expenditures 2,715,614 1,687,034 121,015 2,594,599 Net change in fund balance $ 147,886 (1,485,284) $ 153,148 5,262 $ FUND BALANCE:

Beginning of year 949,340
End of year $ 1,102,488
City of Madera
Budgetary Comparison Schedule
Low and Moderate Income Housing Special Revenue Fund
For the Year Ended June 30, 2024
Budgeted Amounts
164
Variance with
Final Budget
Actual Favorable/
Original Final Amounts (Unfavorable)
REVENUES:

Property taxes 493,035 $ 894,750 $ 1,611,750 $ 717,000 $ Investment income (loss) 3,739 11,000 46,616 35,616
Total revenues 905,750 496,774 1,658,366 752,616
EXPENDITURES:

Current:

General government 6,303 6,303 8,395 (2,092)
Total expenditures 6,303 6,303 8,395 (2,092)
REVENUES OVER (UNDER) EXPENDITURES 899,447 490,471 1,649,971 750,524 OTHER FINANCING SOURCES (USES):

Transfers out (316,440) (316,440) (351,821) (35,381)
Total other financing sources (uses) (316,440) (316,440) (351,821) (35,381) Net change in fund balance $ 583,007 174,031 $ 1,298,150 715,143 $ FUND BALANCE:

Beginning of year 1,188,513
End of year $ 2,486,663
City of Madera
Budgetary Comparison Schedule
Community Facilities District Special Revenue Fund
For the Year Ended June 30, 2024
Budgeted Amounts
165
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166
Non-Major Enterprise Funds
Local Transit Fund - This fund is used to account for the activities of the City's public transit operations.

Golf Course Fund - This fund is used to account for the activities of the City's golf course operations.

Airport Fund - This fund is used to account for the activities of the City's airport operations. 167
Local Golf
Transit Course Airport
Fund Fund Fund Total
ASSETS
Current assets:

Cash and investments - $ - $ 1,928,705 $ 1,928,705 $
Accounts receivable, net 5,579 16,670 34,463 56,712
Intergovernmental receivable 1,602,443 - 66,542 1,668,985 Lease receivable - due within one year - 64,397 37,459 101,856 Prepaid items - 2 8,438 8,440
Total current assets 1,608,022 81,069 2,075,607 3,764,698 Noncurrent assets:

Lease receivable - due in more than one year - 194,210 784,703 978,913 Capital assets:

Non-depreciable 438,863 146,933 4,152,342 4,738,138
Depreciable, net 7,900,388 1,645,048 6,970,545 16,515,981 Total capital assets 8,339,251 1,791,981 11,122,887 21,254,119 Total noncurrent assets 1,986,191 8,339,251 11,907,590 22,233,032 Total assets 2,067,260 9,947,273 13,983,197 25,997,730

DEFERRED OUTFLOW OF RESOURCES
Related to OPEB - - 4,659 4,659
Related to pensions 246,060 - 67,478 313,538
Total deferred outflow of resources - 246,060 72,137 318,197

LIABILITIES
Current liabilities:

Accounts payable 206,405 45,300 5,770 257,475
Accrued payroll 5,423 - 912 6,335
Due to other funds 1,249,072 492,080 - 1,741,152
Deposits payable - - 13,471 13,471
Compensated absences - due within one year 10,387 - 8,598 18,985 Total current liabilities 1,471,287 537,380 28,751 2,037,418 Noncurrent liabilities:

Total OPEB liability - - 21,078 21,078
Aggregate net pension liability 1,030,858 - 282,695 1,313,553 Compensated absences - due in more than one year 30,551 - 6,136 36,687 Total noncurrent liabilities 1,061,409 - 309,909 1,371,318 Total liabilities 537,380 2,532,696 338,660 3,408,736

DEFERRED INFLOWS OF RESOURCES
Related to service concession arrangement - - - -
Related to leases - 258,324 801,770 1,060,094
Related to OPEB - - 992 992
Related to pensions 3,441 - 943 4,384
Total deferred inflows of resources 258,324 3,441 803,705 1,065,470

NET POSITION
Net investment in capital assets 8,339,251 1,791,981 11,122,887 21,254,119 Unrestricted (deficit) (682,055) (520,425) 1,790,082 587,602 Total net position $ 1,271,556 7,657,196 $ 12,912,969 $ 21,841,721 $ City of Madera
Combining Statement of Net Position
Non-Major Enterprise Funds
June 30, 2024
168
Local Golf
Transit Course Airport
Fund Fund Fund Total
OPERATING REVENUES:

Charges for services 3,172,640 $ 176,091 $ 316,047 $ 3,664,778 $ Miscellaneous revenue 13,461 - 197,656 211,117
Total operating revenues 176,091 3,186,101 513,703 3,875,895 OPERATING EXPENSES:

Salaries and benefits 624,814 - 212,010 836,824
General and administrative 2,363,381 82,184 279,872 2,725,437 Supplies and miscellaneous 490,779 - 40,988 531,767
Utilities - - 16,785 16,785
Depreciation 486,118 282,180 297,675 1,065,973
Total operating expenses 364,364 3,965,092 847,330 5,176,786 OPERATING INCOME (LOSS) (188,273) (778,991) (333,627) (1,300,891) NONOPERATING REVENUES (EXPENSES):

Investment income (loss) 4,903 702 64,890 70,495
Property taxes - - 154,308 154,308
Operating grants 135,687 - - 135,687
Interest expense - (874) - (874)
Total nonoperating revenues (expenses) (172) 140,590 219,198 359,616 (LOSS) BEFORE TRANSFERS (188,445) (638,401) (114,429) (941,275)

TRANSFERS
Capital contributions 105,132 50,000 - 155,132
Capital grants 748,921 - 1,174,526 1,923,447
Transfers in - 120,421 9,840 130,261
Transfers out (57,000) - (36,782) (93,782)
Total transfers 170,421 797,053 1,147,584 2,115,058
Changes in net position (18,024) 158,652 1,033,155 1,173,783 NET POSITION:

Beginning of year 7,498,544 1,289,580 11,879,814 20,667,938 End of year 7,657,196 $ 1,271,556 $ 12,912,969 $ 21,841,721 $ City of Madera
Combining Statement of Revenues, Expenses, and Changes in Net Position Non-Major Enterprise Funds
For the Year Ended June 30, 2024
169
Local Golf
Transit Course Airport
Fund Fund Fund Total
CASH FLOWS FROM OPERATING ACTIVITIES:

Cash received from customers 2,973,883 $ 159,138 $ 275,031 $ 3,408,052 $ Cash payments to suppliers for goods and services (2,674,684) (36,886) (747,906) (3,459,476) Cash payments to employees for services (552,988) - (190,168) (743,156) Receipts from other operating revenues 13,461 - 197,656 211,117 Net cash provided by (used in) operating activities 122,252 (240,328) (465,387) (583,463)

CASH FLOWS FROM NONCAPITAL
FINANCING ACTIVITIES:

Property taxes - - 154,308 154,308
Advances from other funds - (12,240) - (12,240)
Due to other funds (5,968) (71,454) - (77,422)
Transfers from other funds - 120,421 9,840 130,261
Transfers to other funds (57,000) - (36,782) (93,782)
Net cash provided by (used in)
noncapital financing activities 36,727 72,719 127,366 236,812

CASH FLOWS FROM CAPITAL AND
RELATED FINANCING ACTIVITIES:

Capital grants 748,921 50,000 1,174,526 1,973,447
Acquisition of capital assets (586,215) (45,300) (64,703) (696,218) Principal payment of long-term debt - (161,800) - (161,800) Interest paid on debt - (2,581) - (2,581)
Net cash provided by (used in) capital and
related financing activities (159,681) 162,706 1,109,823 1,112,848 CASH FLOWS FROM INVESTING ACTIVITIES:

Interest from investments 4,903 702 64,890 70,495
Net cash provided by investing activities 702 4,903 64,890 70,495 Net change in cash and cash equivalents - - 836,692 836,692 CASH AND CASH EQUIVALENTS:

Beginning of year - - 1,092,013 1,092,013
End of year - $ - $ 1,928,705 $ 1,928,705 $
(Continued)
City of Madera
Combining Statement of Cash Flows
Non-Major Enterprise Funds
For the Year Ended June 30, 2024
170
Local Golf
Transit Course Airport
Fund Fund Fund Total

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

Operating income (loss) (778,991) $ (188,273) $ (333,627) $ (1,300,891) $ Adjustments to reconcile operating income (loss) to net cash provided by (used in) operating activities:

Depreciation 486,118 282,180 297,675 1,065,973
Changes in operating assets and liabilities, and
deferred outflows and inflows of resources:

Accounts receivable, net (5,579) - 980 (4,599)
Intergovernmental receivable (193,178) - (34,767) (227,945) Lease receivable - (258,607) 36,784 (221,823)
Prepaid items 358 (2) 1,283 1,639
Deferred outflows - OPEB related - - (119) (119)
Deferred outflows - pension related 52,562 - 14,414 66,976 Accounts payable 179,118 45,300 (411,544) (187,126)
Accrued payroll 3,110 - 906 4,016
Deposits payable - - (594) (594)
Compensated absences 13,994 - 3,861 17,855
Aggregate net pension liability 14,176 - 3,887 18,063
Total OPEB liability - - 1,984 1,984
Deferred inflows - related to service concession arrangement - (16,670) - (16,670) Deferred inflows - lease related - 258,324 (43,419) 214,905 Deferred inflows - OPEB related - - 205 205
Deferred inflows - pension related (12,016) - (3,296) (15,312) Total adjustments 538,663 310,525 (131,760) 717,428
Net cash provided by (used in) operating activities $ 122,252 (240,328) $ (465,387) $ (583,463) $ (Concluded)
For the Year Ended June 30, 2024
City of Madera
Combining Statement of Cash Flows (Continued)
Non-Major Enterprise Funds
171
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172
Internal Service Funds
Fleet Maintenance Fund - This fund is used to account for the accumulation and allocation of costs associated with the maintenance of the City's fleet of vehicles.

Facilities Maintenance Fund - This fund is used to account for the accumulation and allocation of costs associated with the maintenance of the City Hall building and other City buildings.

Technology Fund - This fund is used to account for the costs associated with automation maintenance of the City's various computers, servers and interdepartmental electronic communications. 173
Fleet Facilities
Maintenance Maintenance Technology Total
ASSETS
Current assets:

Cash and investments 4,321,322 $ 1,434,578 $ 1,064,702 $ 6,820,602 $ Accounts receivable, net 80,149 - 666 80,815
Prepaid items - - 93,245 93,245
Total current assets 4,401,471 1,434,578 1,158,613 6,994,662 Noncurrent assets:

Capital assets:

Non-depreciable 325,359 - - 325,359
Depreciable, net 4,126,383 2,421 460,221 4,589,025
Total capital assets 4,451,742 2,421 460,221 4,914,384
Total noncurrent assets 2,421 4,451,742 460,221 4,914,384 Total assets 1,436,999 8,853,213 1,618,834 11,909,046

DEFERRED OUTFLOW OF RESOURCES
Related to OPEB 27,957 37,275 18,639 83,871
Related to pensions 232,112 464,055 274,461 970,628
Total deferred outflow of resources 501,330 260,069 293,100 1,054,499

LIABILITIES
Current liabilities:

Accounts payable 192,523 123,782 155,417 471,722
Accrued payroll 2,405 6,486 2,967 11,858
Compensated absences - due within one year 20,956 81,813 9,859 112,628 Long-term debt, due within one year - - 96,792 96,792
Total current liabilities 215,884 212,081 265,035 693,000 Noncurrent liabilities:

Total OPEB liability 126,470 168,626 84,313 379,409
Aggregate net pension liability 972,419 1,944,134 1,149,837 4,066,390 Compensated absences - due in more than one year 43,982 35,108 16,193 95,283 Total noncurrent liabilities 1,133,997 2,156,742 1,250,343 4,541,082 Total liabilities 2,368,823 1,349,881 1,515,378 5,234,082

DEFERRED INFLOWS OF RESOURCES
Related to OPEB 5,952 7,937 3,968 17,857
Related to pensions 3,246 6,490 3,839 13,575
Total deferred inflows of resources 14,427 9,198 7,807 31,432

NET POSITION
Investment in capital assets 2,421 4,451,742 460,221 4,914,384 Unrestricted (deficit) 3,302,461 (447,342) (71,472) 2,783,647 Total net position (deficit) $ (444,921) 7,754,203 $ 388,749 $ 7,698,031 $ City of Madera
Combining Statement of Net Position
All Internal Service Funds
June 30, 2024
174
Fleet Facilities
Maintenance Maintenance Technology Total
OPERATING REVENUES:

Charges for services 2,253,484 $ 2,161,395 $ 1,550,752 $ 5,965,631 $ Miscellaneous revenue 196,165 - - 196,165
Total operating revenues 2,161,395 2,449,649 1,550,752 6,161,796 OPERATING EXPENSES:

Salaries and benefits 479,901 1,297,584 547,972 2,325,457 General and administrative 393,096 277,247 403,270 1,073,613 Supplies and miscellaneous 113,195 126,134 253,850 493,179 Utilities 1,135 567,564 12,513 581,212
Depreciation and amortization 560,130 1,263 168,969 730,362 Total operating expenses 2,269,792 1,547,457 1,386,574 5,203,823 OPERATING INCOME (108,397) 902,192 164,178 957,973
NONOPERATING REVENUES (EXPENSES):

Investment income 64,460 21,305 16,319 102,084
Interest expense - - (4,049) (4,049)
Total nonoperating revenues (expenses) 21,305 64,460 12,270 98,035 INCOME (LOSS) BEFORE TRANSFERS (87,092) 966,652 176,448 1,056,008 TRANSFERS:

Transfers in 820,394 75,778 27,399 923,571
Transfers out - (268,022) - (268,022)
Total transfers (192,244) 820,394 27,399 655,549
Changes in net position (279,336) 1,787,046 203,847 1,711,557 NET POSITION (DEFICIT):

Beginning of year 5,967,157 (165,585) 184,902 5,986,474 End of year 7,754,203 $ (444,921) $ 388,749 $ 7,698,031 $ City of Madera
Combining Statement of Revenues, Expenses, and Changes in Net Position All Internal Service Funds
For the Year Ended June 30, 2024
175
Fleet Facilities
Maintenance Maintenance Technology Total
CASH FLOWS FROM OPERATING ACTIVITIES:

Cash received from customers 2,180,816 $ 2,167,625 $ 1,550,752 $ 5,899,193 $ Cash payments to suppliers for goods and services (463,894) (929,494) (549,786) (1,943,174) Cash payments to employees for services (401,419) (1,164,947) (488,187) (2,054,553) Receipts from other operating activities 196,165 - - 196,165 Net cash provided by operating activities 73,184 1,511,668 512,779 2,097,631

CASH FLOWS FROM NONCAPITAL
FINANCING ACTIVITIES:

Transfers from other funds 820,394 75,778 27,399 923,571 Transfers to other funds - (268,022) - (268,022)
Net cash (used in)
noncapital financing activities (192,244) 820,394 27,399 655,549

CASH FLOWS FROM CAPITAL AND
RELATED FINANCING ACTIVITIES:

Acquisition of capital assets (1,433,687) - (233,825) (1,667,512) Principal payment of long-term debt - - (94,498) (94,498) Interest paid on debt - - (4,049) (4,049)
Net cash (used in) capital and
related financing activities - (1,433,687) (332,372) (1,766,059) Net change in cash and cash equivalents (97,755) 962,835 224,125 1,089,205 CASH AND CASH EQUIVALENTS:

Beginning of year 3,358,487 1,532,333 840,577 5,731,397 End of year 4,321,322 $ 1,434,578 $ 1,064,702 $ 6,820,602 $ (Continued)
City of Madera
Combining Statement of Cash Flows
All Internal Service Funds
For the Year Ended June 30, 2024
176
Fleet Facilities
Maintenance Maintenance Technology Total

RECONCILIATION OF OPERATING INCOME
TO NET CASH PROVIDED BY OPERATING ACTIVITIES:

Operating income 902,192 $ (108,397) $ 164,178 $ 957,973 $ Adjustments to reconcile operating income to net
cash provided by operating activities:

Depreciation and amortization 560,130 1,263 168,969 730,362 Changes in operating assets and liabilities, and
deferred outflows and inflows of resources:

Accounts receivable, net (72,668) 6,230 - (66,438)
Prepaid items - - (35,570) (35,570)
Deferred outflows - OPEB related (715) (952) (477) (2,144) Deferred outflows -pension related 49,581 99,126 58,627 207,334 Accounts payable 43,532 41,451 155,417 240,400
Accrued payroll 2,387 6,437 2,943 11,767
Compensated absences 12,055 6,438 (12,473) 6,020
Aggregate net pension liability 13,372 26,733 15,810 55,915 Total OPEB liability 11,906 15,874 7,937 35,717
Deferred inflows - OPEB related 1,231 1,642 820 3,693
Deferred inflows - pension related (11,335) (22,661) (13,402) (47,398) Total adjustments 609,476 181,581 348,601 1,139,658
Net cash provided by operating activities $ 73,184 1,511,668 $ 512,779 $ 2,097,631 $ (Concluded)
All Internal Service Funds
For the Year Ended June 30, 2024
City of Madera
Combining Statement of Cash Flows (Continued)
177
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178
Custodial Funds
The Custodial Funds are used to account for assets held by the City in a custodial capacity for individuals, private organizations, other governments, and/or other funds. The City maintains the following custodial funds for the purposes indicated:

General Deposit Fund - This fund is used to account for all money held as deposits on behalf of others.

Community Facilities Districts - This fund is used to account for the collection of assessments from property owners and for the remittance of such assessments to bondholders as required by the Improvement Bond Act of 1915 and related California State statutes for the Community Facilities District No. 2006-1. 179
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180
General Community
Deposit Facilities
Fund Districts Total
ASSETS
Cash and investments $ 355,966 1,990,462 $ 2,346,428 $
Accounts receivable, net 2,878 - 2,878
Prepaid items 932 - 932
Restricted cash and investments with fiscal agents - 51,194 51,194 Total assets 410,970 1,990,462 2,401,432

LIABILITIES
Accounts payable 7,958 - 7,958
Total liabilities - 7,958 7,958

NET POSITION
Restricted for:

Individuals, organizations, and other governments 1,982,504 410,970 2,393,474 Total net position $ 410,970 1,982,504 $ 2,393,474 $
City of Madera
Combining Statement of Fiduciary Net Position
Custodial Funds
June 30, 2024
181
General Community
Deposit Facilities
Fund Districts Total
ADDITIONS:

Fee collections for others 400,049 $ - $ 400,049 $
Special assessments for other governments - 192,835 192,835 Investment income (loss) 642,378 7,491 649,869
Total additions 200,326 1,042,427 1,242,753
DEDUCTIONS:

Administration 8,080 - 8,080
Project payments 928,659 - 928,659
Payments on conduit bonds - principal - 98,299 98,299
Payments on conduit bonds - interest - 77,334 77,334
Total deductions 183,713 928,659 1,112,372
Changes in net position 16,613 113,768 130,381
NET POSITION:

Beginning of year 394,357 1,868,736 2,263,093
End of year $ 410,970 1,982,504 $ 2,393,474 $
City of Madera
Combining Statement of Changes in Fiduciary Net Position Custodial Funds
For the Year Ended June 30, 2024
182

STATISTICAL SECTION
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CONTENTS PAGE
1 Net Position by Component 186
2 Changes in Net Position 188
3 Fund Balances of Governmental Funds 192
4 Changes in Fund Balances of Governmental Funds 194
5 Governmental Activities Tax Revenues by Source 197
6 Assessed Value of Taxable Property 198
7 Property Tax Levies and Collections 200
8 Direct and Overlapping Property Tax Rates 201
9 Top Ten Principal Property Taxpayers 203
10 Ratios of Outstanding Debt by Type 204
11 Ratios of General Bonded Debt Outstanding 206
12 Direct and Overlapping Governmental Activities Debt 207 13 Legal Debt Margin Information 208
14 Pledged Revenue Coverage 210
15 Demographic and Economic Statistics 212
16 Principal Employers 213
17 Full-Time Equivalent City Government Employees by Function/Program 215 18 Operating Indicators by Function/Program 216
19 Capital Asset Statistics by Function/Program 218
Sources: Unless otherwise noted, the information in these schedules is derived from the City's annual comprehensive financial reports for the relevant year

CITY OF MADERA - STATISTICAL SECTION
Operating Information - These schedules contain service and infrastructure data to help the reader understand how the information in the City's financial report relates to the services the City provides and the activities it performs.

Revenue Capacity - These schedules contain information to help the reader assess the City of Madera's most significant local revenue source, the property tax.

Debt Capacity - These schedules present information to help the reader assess the affordability of the City's current level of outstanding debt and the City's ability to issue additional debt in the future.

Demographic and Economic Information - These schedules offer demographic and economic indicators to help the reader understand the environment within which the City's financial activities take place.

Financial Trends - These schedules contain trend information to help the reader understand how the City of Madera's financial performance and well-being have changed over time.

This part of the City of Madera's annual comprehensive financial report presents detailed information as a context for understanding what the information in the financial statements, note disclosures, and required supplementary information says about the City's overall financial health.
185
2024 2023 2022 2021 2020
Governmental activities
Net investment in capital assets 172,147,075 $ 173,636,768 $ 177,369,996 $ 178,947,614 $ 160,970,918 $ Restricted 58,005,517 50,277,926 44,524,605 46,349,016 55,679,367 Unrestricted 15,831,505 16,130,158 1,380,440 (9,774,183) (10,495,207) Total governmental activities net position 245,984,097 $ 240,044,852 $ 223,275,041 $ 215,522,447 $ 206,155,078 $ Business type activities
Net investment in capital assets 70,690,021 $ 65,561,102 $ 65,475,770 $ 65,967,085 $ 64,433,636 $ Restricted 2,057,640 2,579,539 1,794,447 963,474 1,166,101 Unrestricted 57,852,936 43,636,832 41,013,126 33,447,161 26,306,961 Total business type activities net position 130,600,597 $ 111,777,473 $ 108,283,343 $ 100,377,720 $ 91,906,698 $ Primary government
Net investment in capital assets 242,837,096 $ 239,197,870 $ 242,845,766 $ 244,914,699 $ 225,404,554 $ Restricted 60,063,157 52,857,465 46,319,052 47,312,490 56,845,468 Unrestricted 73,684,441 59,766,990 42,393,566 23,672,978 15,811,754 Total primary government net position 376,584,694 $ 351,822,325 $ 331,558,384 $ 315,900,167 $ 298,061,776 $ City of Madera
Schedule 1
Net Position by Component
Last Ten Fiscal Years (accrual basis of accounting)
Fiscal Years
186
2019 2018 2017 2016 2015
Governmental activities
Net investment in capital assets 172,189,172 $ 176,114,816 $ 178,119,000 $ 178,483,617 $ 182,403,676 $ Restricted 44,311,906 37,033,179 34,863,951 32,193,071 32,671,232 Unrestricted (12,968,431) (10,128,387) (9,560,807) (11,207,039) (14,435,936) Total governmental activities net position 203,532,647 $ 203,019,608 $ 203,422,144 $ 199,469,649 $ 200,638,972 $ Business type activities
Net investment in capital assets 61,048,060 $ 58,537,120 $ 58,792,617 $ 57,639,498 $ 58,455,927 $ Restricted 4,940,553 1,125,151 1,076,451 - -
Unrestricted 17,336,248 15,846,498 13,966,875 17,152,594 15,542,964 Total business type activities net position 83,324,861 $ 75,508,769 $ 73,835,943 $ 74,792,092 $ 73,998,891 $ Primary government
Net investment in capital assets 233,237,232 $ 234,651,936 $ 236,911,617 $ 236,123,115 $ 240,859,603 $ Restricted 49,252,459 38,158,330 35,940,402 32,193,071 32,671,232 Unrestricted 4,367,817 5,718,111 4,406,068 5,945,555 1,107,028 Total primary government net position 286,857,508 $ 278,528,377 $ 277,258,087 $ 274,261,741 $ 274,637,863 $ City of Madera
Schedule 1
Net Position by Component (Continued)
Last Ten Fiscal Years (accrual basis of accounting)
Fiscal Years
187
2024 2023 2022 2021 2020
Expenses
Governmental activities:

General government 9,944,817 $ 8,709,507 $ 9,503,665 $ 9,700,357 $ 9,574,371 $ Public protection 28,100,984 19,843,489 21,670,917 18,826,073 20,182,145 Social services 250,491 (12,583) 1,061,114 133,639 422,270 Public ways and facilities 6,232,346 3,690,713 5,320,754 3,741,698 7,369,948 Culture and recreation 4,923,898 4,195,329 5,136,917 5,993,699 4,056,088 Community development 6,213,201 4,670,551 3,158,176 3,509,000 4,654,520 Interest on long-term debt 607,460 643,406 671,356 692,894 509,977 Total governmental activities expenses 56,273,197 41,740,412 46,522,899 42,597,360 46,769,319 Business type activities:

Water 9,719,879 9,595,209 7,317,498 7,427,430 8,295,137 Sewer 11,880,792 12,320,078 8,737,728 9,216,976 10,038,430 Solid waste 8,832,375 9,379,389 6,146,265 5,758,119 5,875,225 Drainage operations 1,466,632 1,241,082 929,265 943,353 1,110,864 Local transit 3,965,092 3,904,438 3,104,405 2,499,127 2,403,789 Golf course 365,238 75,993 85,044 94,635 103,861
Airport 847,330 1,227,634 883,402 787,373 801,043
Total business type activities expenses 37,077,338 37,743,823 27,203,607 26,727,013 28,628,349 Total primary government expenses $ 79,484,235 93,350,535 $ 73,726,506 $ 69,324,373 $ 75,397,668 $ Program Revenues
Governmental activities:

Program revenues:

General government 543,635 $ 806,808 $ 951,582 $ 1,174,107 $ 242,424 $ Public protection 2,816,096 1,654,817 1,583,277 1,906,334 2,492,680 Social services - - - - 42,549
Public ways and facilities 18,931,794 15,013,053 11,479,145 10,910,045 9,246,144 Community development 2,495,619 3,868,158 4,842,711 5,645,305 2,866,097 Culture and recreation 1,071,327 1,225,283 638,302 1,048,539 696,197 Total governmental activities program revenues 25,858,471 22,568,119 19,495,017 20,684,330 15,586,091 Business type activities:

Program revenues:

Water 12,347,034 12,178,109 13,727,980 13,538,219 12,414,215 Sewer 12,932,039 11,734,950 10,921,383 11,352,608 10,797,565 Solid waste 11,826,131 8,288,152 6,096,051 5,890,825 5,982,010 Drainage operations 903,681 1,078,836 1,510,375 1,070,277 869,502 Local transit 4,162,380 3,581,550 2,842,877 2,398,029 5,873,660 Golf course 226,091 84,107 74,712 78,053 101,734
Airport 1,490,573 348,230 442,548 617,608 581,739
Total business type activities program revenues 43,887,929 37,293,934 35,615,926 34,945,619 36,620,425 Total primary government program revenues $ 59,862,053 69,746,400 $ 55,110,943 $ 55,629,949 $ 52,206,516 $ Net (Expense)/Revenue
Governmental activities (30,414,726) $ (19,172,293) $ (27,027,882) $ (21,913,030) $ (31,183,228) $ Business type activities 6,810,591 (449,889) 8,412,319 8,218,606 7,992,076 Total primary government net expense $ (19,622,182) (23,604,135) $ (18,615,563) $ (13,694,424) $ (23,191,152) $ City of Madera
Schedule 2
Changes in Net Position
Last Ten Fiscal Years (accrual basis of accounting)
Fiscal Years
188
2019 2018 2017 2016 2015
Expenses
Governmental activities:

General government 9,703,723 $ 8,697,525 $ 7,692,256 $ 8,890,092 $ 11,483,880 $ Public protection 18,983,486 18,425,675 12,903,321 14,722,091 13,759,629 Social services 330,498 346,863 303,015 182,286 331,774 Public ways and facilities 5,478,070 5,081,612 4,607,237 6,852,731 3,695,605 Culture and recreation 4,525,133 4,744,555 4,421,827 4,451,155 4,335,983 Community development 4,492,799 4,022,163 3,029,515 5,249,438 5,812,948 Interest on long-term debt 210,504 74,490 110,856 280,037 258,764 Total governmental activities expenses 43,724,213 41,392,883 33,068,027 40,627,830 39,678,583 Business type activities:

Water 7,654,315 9,262,549 10,066,546 5,590,810 5,668,873 Sewer 9,924,665 9,854,304 8,758,885 8,476,744 7,573,475 Solid waste 6,056,309 5,811,095 6,305,944 4,936,291 4,675,782 Drainage operations 1,149,676 887,698 956,287 1,024,498 900,903 Local transit 2,321,063 2,166,293 2,184,533 2,051,814 1,996,563 Golf course 120,763 199,012 115,882 74,596 122,102
Airport 842,652 1,163,134 893,106 852,560 871,796
Total business type activities expenses 28,069,443 29,344,085 29,281,183 23,007,313 21,809,494 Total primary government expenses $ 70,736,968 71,793,656 $ 62,349,210 $ 63,635,143 $ 61,488,077 $ Program Revenues
Governmental activities:

Program revenues:

General government 6,223,401 $ 5,727,717 $ 5,526,628 $ 6,996,758 $ 8,763,455 $ Public protection 1,498,740 1,268,539 1,160,181 1,414,790 1,558,094 Social services 45,159 87,568 82,637 69,314 80,730
Public ways and facilities 10,385,688 6,320,845 7,164,876 7,865,237 7,432,036 Community development 3,434,002 2,831,560 3,085,754 3,833,881 5,481,186 Culture and recreation 941,359 837,220 934,173 1,529,999 996,481 Total governmental activities program revenues 22,528,349 17,073,449 17,954,249 21,709,979 24,311,982 Business type activities:

Program revenues:

Water 12,323,836 11,932,955 9,232,389 7,312,514 5,616,869 Sewer 10,352,115 8,791,285 8,108,977 7,469,167 6,474,652 Solid waste 5,890,085 5,872,152 5,889,675 5,695,241 5,697,468 Drainage operations 938,423 692,227 706,793 955,602 686,328 Local transit 4,316,816 2,263,648 2,297,400 2,811,840 1,870,304 Golf course 95,889 100,469 93,797 96,542 117,562
Airport 579,745 1,038,032 1,810,619 551,005 647,283
Total business type activities program revenues 34,496,909 30,690,768 28,139,650 24,891,911 21,110,466 Total primary government program revenues $ 47,764,217 57,025,258 $ 46,093,899 $ 46,601,890 $ 45,422,448 $ Net (Expense)/Revenue
Governmental activities (21,195,864) $ (24,319,434) $ (15,113,778) $ (18,917,851) $ (15,366,601) $ Business type activities 6,427,466 1,346,683 (1,141,533) 1,884,598 (699,028) Total primary government net expense $ (22,972,751) (14,768,398) $ (16,255,311) $ (17,033,253) $ (16,065,629) $ City of Madera
Schedule 2
Changes in Net Position (Continued)
Last Ten Fiscal Years (accrual basis of accounting)
Fiscal Years
189
2024 2023 2022 2021 2020
General Revenues and
Other Changes in Net Position
Governmental activities:

Taxes
Property taxes 15,005,070 $ 13,505,386 $ 12,134,288 $ 11,020,353 $ 11,045,364 $ Sales and use taxes 19,360,846 19,291,534 19,440,017 16,894,337 15,227,811 Franchises taxes 818,740 841,540 763,276 721,028 688,563 Other taxes 2,506,305 2,281,598 2,462,689 1,813,979 2,019,087 Investment income (loss) 3,785,488 959,461 (1,475,300) (97,360) 1,247,564 Miscellaneous 1,063,760 980,194 934,376 317,971 1,205,394 Gain (loss) on sale of capital assets - - - 35,469 (42,920) Transfers (6,186,238) (1,917,609) 521,130 574,622 352,225 Special items - Transfers of assets - - - - 2,062,571
Total governmental activities 36,353,971 35,942,104 34,780,476 31,280,399 33,805,659 Business type activities:

Property taxes 324,924 258,727 247,624 237,264 228,943
Investment income (loss) 3,264,842 679,254 (913,654) 340,816 548,322 Miscellaneous 2,236,529 1,035,824 680,464 113,658 78,165 Gain (loss) on sale of capital assets - 52,605 - 135,300 86,556 Transfers 6,186,238 1,917,609 (521,130) (574,622) (352,225) Total business type activities 12,012,533 3,944,019 (506,696) 252,416 589,761 Total primary government $ 39,886,123 48,366,504 $ 34,273,780 $ 31,532,815 $ 34,395,420 $ Change in Net Position
Governmental activities 5,939,245 $ 16,769,811 $ 7,752,594 $ 9,367,369 $ 2,622,431 $ Business type activities 18,823,124 3,494,130 7,905,623 8,471,022 8,581,837 Total primary government $ 20,263,941 24,762,369 $ 15,658,217 $ 17,838,391 $ 11,204,268 $ City of Madera
Fiscal Years
Schedule 2
Changes in Net Position (Continued)
Last Ten Fiscal Years (accrual basis of accounting)
190
2019 2018 2017 2016 2015
General Revenues and
Other Changes in Net Position
Governmental activities:

Taxes
Property taxes 4,332,639 $ 3,824,185 $ 4,040,067 $ 3,571,669 $ 2,837,432 $ Sales and use taxes 13,399,196 12,923,918 9,112,909 6,506,004 5,638,847 Franchises taxes 649,666 666,238 649,415 678,438 612,474 Other taxes 1,964,472 1,707,452 1,694,786 2,172,574 2,035,238 Investment income (loss) 1,910,967 265,581 203,973 603,795 309,988 Miscellaneous 829,050 1,147,727 343,287 580,398 577,213 Gain (loss) on sale of capital assets 43,791 - 31,374 16,304 26,983 Transfers 275,116 374,407 172,913 1,718,751 1,065,193
Special items - Transfers of assets - - - - -
Total governmental activities 23,404,897 20,909,508 16,248,724 15,847,933 13,103,368 Business type activities:

Property taxes 209,374 182,390 171,878 58,333 70,353
Investment income (loss) 407,450 68,049 120,594 210,257 262,948 Miscellaneous 76,531 3,956 26,004 34,976 28,170
Gain (loss) on sale of capital assets - 12,990 39,821 4,250 14,476 Transfers (275,116) (372,671) (172,913) (1,718,751) (1,065,193) Total business type activities 418,239 (105,286) 185,384 (1,410,935) (689,246) Total primary government $ 20,804,222 23,823,136 $ 16,434,108 $ 14,436,998 $ 12,414,122 $ Change in Net Position
Governmental activities 2,209,033 $ (3,409,926) $ 1,134,946 $ (3,069,918) $ (2,263,233) $ Business type activities 6,845,705 1,241,397 (956,149) 473,663 (1,388,274) Total primary government $ (2,168,529) 9,054,738 $ 178,797 $ (2,596,255) $ (3,651,507) $ City of Madera
Fiscal Years
Schedule 2
Changes in Net Position (Continued)
Last Ten Fiscal Years (accrual basis of accounting)
191
2024 2023 2022 2021 2020
General Fund
Nonspendable 159,692 $ 141,842 $ 149,510 $ 139,843 $ 249,637 $ Restricted 2,365,453 4,073,298 - - 401,700
Committed 15,130,431 16,011,311 10,903,504 11,194,964 10,292,405 Assigned 15,797,488 13,819,239 16,614,848 13,906,278 6,763,704 Unassigned 12,291,870 14,662,398 10,908,284 5,482,689 7,398,714 Total General Fund 48,725,938 45,727,084 38,576,146 30,723,774 25,106,160 All other Governmental Funds
Nonspendable 12,879 13,131 - 4,010 3,815
Restricted 50,277,926 58,005,517 43,876,531 45,692,871 55,277,667 Committed - - - - -
Assigned - - - - -
Unassigned (deficit) (1,323,496) (1,927,931) (1,300,623) (1,460,591) (959,555) Total all other Governmental Funds 56,694,900 48,363,126 42,575,908 44,236,290 54,321,927 TOTAL FUND BALANCES $ 94,090,210 105,420,838 $ 81,152,054 $ 74,960,064 $ 79,428,087 $ Last Ten Fiscal Years (modified accrual basis of accounting) Fiscal Years
City of Madera
Schedule 3
Fund Balances of Governmental Funds
192
2019 2018 2017 2016 2015
General Fund
Nonspendable 202,901 $ 601,522 $ 272,102 $ 368,959 $ 258,252 $ Restricted - 4,934,403 - - 646,823
Committed 11,574,005 10,483,246 - - -
Assigned 1,199,518 5,528,814 1,199,518 1,199,518 727,159 Unassigned 4,673,303 3,049,282 13,968,482 12,879,473 12,326,175 Total General Fund 24,198,646 18,048,348 15,440,102 14,447,950 13,958,409 All other Governmental Funds
Nonspendable 27 42 - 8,547,157 -
Restricted 35,986,212 39,377,503 33,857,600 23,974,874 32,277,375 Committed - - - -
Assigned - - - - -
Unassigned (deficit) - - - (231,803) (221,039)
Total all other Governmental Funds 39,377,530 35,986,254 33,857,600 32,290,228 32,056,336 TOTAL FUND BALANCES $ 54,034,602 63,576,176 $ 49,297,702 $ 46,738,178 $ 46,014,745 $ Last Ten Fiscal Years (modified accrual basis of accounting) Fiscal Years
City of Madera
Schedule 3
Fund Balances of Governmental Funds (Continued)
193
2024 2023 2022 2021 2020
Revenues
Taxes 15,005,070 $ 5,773,982 $ 4,971,690 $ 4,331,022 $ 4,613,254 $ Sales and use taxes 19,360,846 19,291,534 19,440,017 16,894,337 15,227,811 Other taxes 2,472,470 2,470,829 2,644,500 1,921,747 2,114,190 Use of money and property 1,052,683 3,882,264 (689,229) 323,569 1,378,494 Franchises 818,740 841,540 763,276 721,028 688,563
Licenses, permits and fees 1,131,638 1,502,455 1,174,652 1,555,955 1,106,424 Fines 549,370 468,972 436,032 452,319 494,823
Intergovernmental 21,972,342 19,995,869 17,976,535 17,641,730 13,620,058 Charges for services 3,839,896 5,588,835 4,995,341 5,118,683 4,091,909 Other revenue 887,902 1,412,845 1,212,449 578,896 1,235,377 Total revenues 69,920,538 58,399,544 52,925,263 49,539,286 44,570,903 Expenditures
General government 3,874,775 3,047,895 4,301,922 3,628,480 2,691,729 Public protection 26,653,619 21,617,953 20,383,663 19,854,358 18,393,027 Social services 180,978 181,934 45,991 131,881 198,360
Public ways and facilities 5,566,275 3,800,991 6,072,097 3,319,019 5,957,037 Community development 5,178,403 4,658,934 4,548,230 5,839,428 3,130,348 Culture and recreation 5,381,085 4,687,240 3,237,150 2,796,274 3,300,189 Capital outlay 4,507,480 2,621,252 6,955,986 18,538,217 13,834,273 Debt service:

Principal 1,106,145 1,074,909 1,034,200 401,700 559,403 Interest 645,712 678,464 709,092 730,344 351,820
Total expenditures 51,748,123 43,715,921 47,288,331 55,239,701 48,416,186 Culture and recreation
Excess of revenues over (under) expenditures 18,172,415 14,683,623 5,636,932 (5,700,415) (3,845,283) Other financing sources (uses)
Proceeds from sale of property 33,429 - 400 513,267 679,580 Proceeds from issuance of long-term debt - - - - 19,432,000 Premium on bond issuance - - - - -
Cost of issuance - 23,636 - - (84,752)
Transfers in 4,304,318 6,001,583 3,350,930 5,103,755 15,443,432 Transfers out (6,106,850) (12,843,370) (2,796,272) (4,384,630) (15,773,066) Total other financing sources (uses) (6,841,787) (1,745,467) 555,058 1,232,392 19,697,194 Net change in fund balances 11,330,628 $ 12,938,156 $ 6,191,990 $ (4,468,023) $ 15,851,911 $ Debt service as a percentage of non-capital
expenditures 3.7% 4.3% 4.3% 3.1% 2.6%
Last Ten Fiscal Years (modified accrual basis of accounting) Fiscal Years
City of Madera
Schedule 4
Changes in Fund Balances of Governmental Funds
194
2019 2018 2017 2016 2015
Revenues
Taxes 4,332,639 $ 3,825,921 $ 4,054,503 $ 3,115,740 $ 3,087,520 $ Sales and use taxes 13,399,196 13,262,908 8,741,373 6,506,004 5,638,847 Other taxes 2,081,211 1,707,452 1,698,487 2,141,433 2,041,961 Use of money and property 392,428 2,078,944 358,735 767,778 463,853 Franchises 649,666 666,238 649,415 678,438 612,474
Licenses, permits and fees 1,322,830 1,049,103 701,825 646,800 595,255 Fines 591,298 588,584 750,388 935,358 985,169
Intergovernmental 16,380,444 11,781,034 12,654,660 16,326,841 15,934,329 Charges for services 3,322,989 3,457,257 3,497,588 3,240,452 6,041,361 Other revenue 1,048,977 924,918 632,560 437,305 908,991 Total revenues 45,208,194 37,655,843 33,739,534 34,796,149 36,309,760 Expenditures
General government 2,106,580 3,075,710 1,796,055 2,959,739 5,123,445 Public protection 17,196,886 16,932,579 14,934,669 14,621,471 13,616,969 Social services 192,633 309,121 405,251 357,699 330,062 Public ways and facilities 4,233,896 3,476,106 3,101,070 3,834,908 2,532,178 Community development 3,800,416 3,429,815 3,831,163 3,392,870 3,425,208 Culture and recreation 4,006,826 3,598,837 3,106,938 5,219,577 5,380,767 Capital outlay 6,802,125 2,519,381 3,143,357 7,073,119 5,255,764 Debt service: