Agenda — Marina City Council, January 22, 2025 (part 2 of 2)

The annual debt service requirements for the Tax Allocation Bonds are as follows:

Fiscal Year Ending June 30: Principal Interest Total
2025 2,490,000$ 2,313,353$ 4,803,353$
2026 2,595,000 2,237,987 4,832,987
2027 3,090,000 2,155,989 5,245,989
2028 3,135,000 2,054,954 5,189,954
2029 3,250,000 1,948,725 5,198,725
2030-2034 17,160,000 7,936,365 25,096,365 2035-2039 15,840,000 4,701,942 20,541,942 2040-2044 12,080,000 1,536,050 13,616,050 Total 59,640,000$ 24,885,365$ 84,525,365$
The Successor Agency fiduciary funds account for activity of the Successor Agency of the Marina Redevelopment Agency. In 2012, the State of California dissolved Redevelopment Agencies and created Successor Agencies to extinguish debts of the Redevelopment Agencies. The Marina Successor Agency is required by a Development and Disposition Agreement (DDA) to issue debt to repay the Dunes Corporation amounts owed in the DDA. This debt is fully funded by a commitment from the State of California as specified in the Dissolution Act.

EXHIBIT A
98 City of Marina
Notes to the Basic Financial Statements
June 30, 2024
NOTE 8 - 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 coverages.

The City purchases liability, property, errors and omissions, and workers' compensation insurance from the Monterey Bay Area Self Insurance Authority (MBASIA), a risk-sharing program. Under this program, coverage is provided for up to a maximum of $33,500,000 for each general liability claim less the City's deductible of $10,000. Statutory coverage is provided for workers' compensation claims. The City is assessed a contribution to cover claims, operating costs, and claim settlement expenses based upon an actuarially determined rate for each coverage layer pool Additional cash contributions may be assessed on the basis of adverse loss experience. If the events of the year result in a negative risk position, the members' annual assessment may be increased in subsequent years. The City is unable to reasonably estimate the probability of MBASIA ending the year in a negative risk position. Refunds to members may be made if funds are determined to be surplus as a result of an actuarial study. The financial statements for the MBASIA can be found at https://www.mbasia.org/.

The City currently reports liability risk management activities in the general fund. Claims expenditures and liabilities are reported when it is probable that a loss has occurred and the amount of that loss can be reasonably estimated. Workers compensation insurance costs are allocated to various departments proportionate to their total payroll. For the year ended June 30, 2024, the City paid a total of $1,581,483 to MBASIA for insurance coverage; $669,295 and $912,188 for liability and workers compensation insurance, respectively and did not receive a rebate from the program. There were no material unpaid and uninsured claims outstanding at the beginning or end of the last two fiscal years.

NOTE 9 - RETIREMENT PLANS
General Information about the Pension Plans
Plan Description
All qualified permanent and probationary employees are eligible to participate in the Public Agency Cost- Sharing Multiple-Employer Defined Benefit Pension 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 risk 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 City sponsors three miscellaneous rate plans. Benefit provisions under the Plan are established by State statute and City 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.

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 (age 52 for Miscellaneous Plan members if membership date is on or after January 1, 2013) with statutorily reduced benefits. All members are eligible for non-duty disability benefits after 5 years of service. The death benefit is one of the following: the Special Death Benefit

EXHIBIT A
99 City of Marina
Notes to the Basic Financial Statements
June 30, 2024
(Safety only), the Basic Death Benefit, the 1957 Survivor Benefit, or the Optional Settlement 2W Death Benefit. The cost-of-living adjustments for each plan are applied as specified by the Public Employees’ Retirement Law.

The Plans’ provisions and benefits in effect at June 30, 2024, are summarized as follows:

Tier 1 PEPRA Tier 1 PEPRA
Benefit formula 2% @ 55 2% @ 62 3.0% @ 50 2.7% @ 57
Benefit vesting schedule 5 Years 5 Years 5 Years 5 Years Benefit payments Monthly for Life Monthly for Life Monthly for Life Monthly for Life Retirement age 55 62 50 57
Monthly benefits as a
% of eligible compensation 2% 2% 3% 2.7%
Required employee contribution rates 7% 7.75% 9% 13.75% Required employer contribution rates 12.5% 7.68% 27.11% 13.54% Miscellaneous Safety
Employees Covered
At June 30, 2024, the following employees were covered by the benefit terms for the Plans:

Miscellaneous Safety Total
Active 54 45 99
Transferred 25 34 59 Separated 25 21 46
Retired 83 90 173
Total 187 190 377
Contributions
Section 20814(c) of the California Public Employees’ Retirement Law 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. Funding contributions for the Plans are determined annually on an actuarial basis as of June 30 by CalPERS. The actuarially determined rates are 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 City 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 City’s contributions were as follows:

Employer
Contributions
Miscellaneous 1,056,810$
Safety 2,581,247
Total Employer Contributions 3,638,057$

EXHIBIT A
100
City of Marina
Notes to the Basic Financial Statements
June 30, 2024
Pension Liabilities, Pension Expenses and Deferred Outflows/Inflows of Resources Related to Pensions
As of June 30, 2024, the City reported a net pension liability for its proportionate share of the net pension liabilities as follows:

Miscellaneous
Safety
Total
Proportionate Share of
Net Pension
Liability/(Asset)
$ 8,771,074
20,822,003
$ 29,593,077
The City’s net pension liability for the Plans is measured as the proportionate share of the net pension liability. The net pension liability of the Plans are measured as of June 30, 2023, and the total pension liability for the Plans 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. The City’s proportionate share of the net pension liability for the Plans as of June 30, 2023 and 2023 was as follows:

Miscellaneous Safety Combined Plans
Proportion - June 30, 2023 0.17593% 0.27645% 0.23573%
Proportion - June 30, 2024 0.17541% 0.27856% 0.23721%
Change - Increase/(Decrease) 0.00052% -0.00211% -0.00148% For the year ended June 30, 2024, the City recognized pension expense of $5,496,305.

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 of
Resources
Deferred
Inflows of
Resources
Changes of Assumptions 529,549$ -$
Differences between Expected and Actual Experience 448,074 69,507 Differences between Projected and Actual Investment Earnings 1,420,116 - Differences between Employer's Contributions and
Proportionate Share of Contributions - 253,144 Change in Employer's Proportion 25,083 -
Pension Contributions Made Subsequent to Measurement Date 1,056,810 - Total 3,479,632$ 322,651$
Miscellaneous

EXHIBIT A
101
City of Marina
Notes to the Basic Financial Statements
June 30, 2024
Deferred
Outflows of
Resources
Deferred
Inflows of
Resources
Changes of Assumptions 1,215,200$ -$
Differences between Expected and Actual Experience 1,528,719 130,875 Differences between Projected and Actual Investment Earnings 2,849,485 - Differences between Employer's Contributions and
Proportionate Share of Contributions 197,567 606,759 Change in Employer's Proportion 914,852 -
Pension Contributions Made Subsequent to Measurement Date 2,581,247 - Total 9,287,070$ 737,634$
Safety
The City reported $3,638,057 as deferred outflows of resources related to contributions subsequent to the measurement date that 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 as pension expense as follows:

Miscellaneous Safety Total
728,950$ 1,927,312$ 2,656,262$
486,243 1,346,451 1,832,694
1,072,289 2,386,831 3,459,120
40,749 79,535 120,284
2,328,231$ 5,740,129$ 8,068,360$
2025
Total
2026
2027
2028
Deferred Outflows/(Inflows) of
ResourcesFiscal Year Ending
June 30:

Actuarial Assumptions
The total pension liabilities in the June 30, 2022 actuarial valuations were determined using the following actuarial assumptions:

Valuation Date June 30, 2022
Measurement Date June 30, 2023
Actuarial Cost Method Entry-Age
Normal Cost
Method
Actuarial Assumptions:

Discount Rate 6.90%
Inflation 2.30%
Payroll Growth 2.80%
Projected Salary Increase (1)
Investment Rate of Return 6.8% (2)
Mortality (3)
(1) Varies by entry age and service
(2) Net of pension plan investment expenses, including inflation (3) Derived using CalPERS' membership data for all funds

EXHIBIT A
102
City of Marina
Notes to the Basic Financial Statements
June 30, 2024
Discount Rate
The discount rate used to measure the total pension liability was 6.9% for the Plan. To determine whether the municipal bond rate should be used in the calculation of a discount rate for the 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 6.9 percent discount rate is adequate and the use of the municipal bond rate calculation is not necessary. The long term expected discount rate of 6.9 percent will be applied to all plans in the Public Employees Retirement Fund (PERF). The stress test results are presented in a detailed report that can be obtained from the CalPERS website.

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, CalPERS took into account both short-term and long-term market return expectations as well as the expected pension fund cash flows. Using historical returns of all the funds’ asset classes, expected compound 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 the 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 rates of return are net of administrative expenses.

Assumed Long-Term
Asset Expected Real
Asset Class (a) Allocation Return (1)(2)
Global Equity Cap Weighted 30.00% 4.54%
Global Equity NonCap 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%
Leverage -5.00% -0.59%
Total 100.00%
(1) An expected inflation of 2.3% used for this period. (2) Figures are based on the 2021-22 Asset Liability Study.

EXHIBIT A
103
City of Marina
Notes to the Basic Financial Statements
June 30, 2024
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 Plans, calculated using the discount rate for the Plans, 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 1-percentage point lower or 1- percentage point higher than the current rate:

Miscellaneous Safety
1% Decrease 5.90% 5.90%
Net Pension Liability 13,502,219$ 30,641,162$
Current 6.90% 6.90%
Net Pension Liability 8,771,074$ 20,822,003
1% Increase 7.90% 7.90%
Net Pension Liability 4,874,946$ 12,797,959$
Pension Plan Fiduciary Net Position
Detailed information about each pension plan’s fiduciary net position is available in the separately issued CalPERS financial reports.

NOTE 10 - OTHER POSTEMPLOYMENT BENEFITS PLAN
Plan Description
The City of Marina participates in the California Public Employees Retirement System (CalPERS), a cost-sharing multiple employer public employee defined benefit pension plan. CalPERS provides post- employment medical insurance benefits to retirees and their spouses who meet plan eligibility requirements in accordance with their labor agreement. The City provides health care benefits for all retired employees based on retirement age of 50 with 5 years of service. Retirees can enroll in any of the available CalPERS medical plans and the benefits continue for the life of the retiree and surviving spouse.

The City contributes the minimum amount provided under Government Code Section 22825 of the Public Employees Medical and Hospital Care Act. Retirees must pay any premium amounts in excess of the City's contribution. For each bargaining unit, the minimum amount the City contributes is pro-rated over the 20-year period starting from that unit's CalPERS coverage.

The City has authority to establish and amend the Plan's benefit terms and financing requirements to the City Council. No assets are accumulated in a trust that meets all of the criteria in GASB statement No. 75 Paragraph 4. There are no separate financial statements issued for the OPEB plan.

Employees Covered by Benefit Terms
At June 30, 2024, the benefit terms covered the following employees:

Active employees 68
Inactive employees 21
Dependents of Retirees 5
Total covered 94

EXHIBIT A
104
City of Marina
Notes to the Basic Financial Statements
June 30, 2024
Contributions
The City makes contributions based on a pay-as-you-go basis as approved by the authority of the City Council. Total benefit payments included in the measurement period were $ 106,200 while actual contributions for the fiscal year were $ 87,574. The City’s contributions were . 91% of covered employee payroll during the fiscal year ended June 30, 2024. Employees are not required to contribute to the plan. There have been no assets accumulated in a trust to provide for the benefits of this plan.

Actuarial Assumptions
The following summarized the actuarial assumptions for the OPEB plan included in this fiscal year:

Valuation Date: June 30, 2023
Measurement Date: June 30, 2023
Actuarial Cost Method: Entry-Age Normal Cost Method
Amortization Period: 20 years
Asset Valuation Method:

Actuarial Assumptions:

Discount Rate 3.86%
Inflation 2.50%
Salary Increases 3.25%
Healthcare Trend Rate
Mortality
Retirement:

Hired before January 1, 2013
Hired on or after January 1, 2013:
**Discount rate increased in 2023 from 3.69% to 3.86%
2% @55 Rates for Miscellaneous Employees
3% @50 for Police and Fire
2% @62 for Miscellaneous Employees.

2.7% @57 for Police and Fire.

Level percentage of payroll, closed
CalPERS 2021 Mortality
4% to 7.84%
Discount Rate
The discount rate was based on the Bond Buyer 20-bond General Obligation Index.

Total OPEB Liability
The City's Total OPEB liability was measured as of June 30, 2023 (measurement date) and was determined by an actuarial valuation as of June 30, 2023 (valuation date) for the fiscal year ended June 30, 2024 (reporting date).

EXHIBIT A
105
City of Marina
Notes to the Basic Financial Statements
June 30, 2024
Changes in the Total OPEB Liability
The following summarizes the changes in the Total OPEB liability during the year ended June 30, 2024:

Fiscal Year Ended June 30, 2024
Total OPEB
Liability
Balance at June 30, 2023 5,095,895$
Service cost 347,235
Interest in Total OPEB Liability 198,892
Balance of diff between actual and exp experience (1,704,374) Balance of changes in assumptions (274,622)
Benefit payments (106,200)
Net changes (1,539,069)
Balance at June 30, 2024 3,556,826$
Covered Employee Payroll 9,666,105$
Total OPEB Liability as a % of Covered Employee Payroll 36.80% Service Cost as a % of Covered Employee Payroll 3.59%
Net OPEB Liability as a % of Covered Employee Payroll 36.80% The City’s plan is nonfunded, meaning there have not been assets placed into an irrevocable trust, therefore the plan fiduciary net position is zero.

Deferred Inflows and Outflows of Resources
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 of
Resources
Deferred
Inflows of
Resources
Difference between actual and expected experience 159,089$ 2,274,138$ Change in assumptions 919,391 1,857,571
OPEB contribution subsequent to measurement date 87,574 - Totals 1,166,054$ 4,131,709$
Of the total amount reported as deferred outflows of resources related to OPEB, $87,574 resulting from City contributions subsequent to the measurement date and before the end of the fiscal year will be included as a reduction of the net OPEB liability in the year ended June 30, 2025.

EXHIBIT A
106
City of Marina
Notes to the Basic Financial Statements
June 30, 2024
Other amounts reported as deferred outflows of resources and deferred inflows of resources related to OPEB will be recognized in OPEB expense as follows:

Year Ended June 30,
2025 (530,406)$
2026 (466,804)
2027 (336,988)
2028 (329,872)
2029 (403,781)
Thereafter (985,378)
Total (3,053,229)$
OPEB Expense
The following summarizes the OPEB expense by source during the year ended June 30, 2024:

Service cost 347,235$
Interest in TOL 198,892
Adjustments (65,859)
Difference between actual and expected experience (291,865) Change in assumptions (238,541)
OPEB Expense (50,138)$
The following summarizes changes in the Total OPEB liability as reconciled to OPEB expense during the year ended June 30, 2024:
3,556,826$
(5,095,895)
(1,539,069)
Changes in deferred outflows 185,042
Changes in deferred inflows 1,216,315
Employer contributions and implicit subsidy 87,574
OPEB Expense (50,138)$
Total OPEB liability ending
Total OPEB liability beginning
Change in total OPEB liability
Sensitivity to Changes in the Discount Rate
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 one percentage point lower or one percentage point higher, is as follows:
(1% Decrease ) 3.86% (1% Increase )
Total OPEB Liability 4,172,013$ 3,556,826$ 3,066,391$ Municipal Bond Rate

EXHIBIT A
107
City of Marina
Notes to the Basic Financial Statements
June 30, 2024
Sensitivity to Changes in the Healthcare Cost Trend Rates 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 one percentage point lower or one percentage point higher than current healthcare cost trend rates, is as follows:
(1% Decrease ) 4% to 7.84% (1% Increase )
Total OPEB Liability 2,979,956$ 3,556,826$ 4,308,238$ Trend Rate
NOTE 11 - COMMITMENTS AND CONTINGENCIES
Lawsuits
The City is subject to certain matters of litigation that may arise in the normal course of conducting City business. City management believes, based upon consultation with legal counsel, that these cases, in the aggregate, are not expected to result in a material adverse financial impact on the City. Additionally, City management believes that the City's insurance programs are sufficient to cover any potential losses should an unfavorable outcome materialize.

Federal and State Grant Programs
The City participates in Federal and State grant programs. These programs are audited by the City's independent accountants if required by and in accordance with the provisions of the Uniform Guidance and applicable State requirements. Expenditures which may be disallowed, if any, by the granting agencies, cannot be determined at this time. The City expects such amounts, if any, to be immaterial.

Deferred Compensation
The City offers its employees two deferred compensation plans created in accordance with California Code Section 53212 and Internal Revenue Code Section 457 under which employees can defer a portion of their salary until future years. The deferred compensation plan money is a deduction from the employees' salary and is invested with independent retirement trustees. The trustees hold the amounts deferred and any related income on behalf of employees. The assets and liabilities of these plans have been excluded from the accompanying financial statements.

Commitments
The City had the following capital commitments as of June 30, 2024:

Capital Commitments Amount
Street Improvements (1) 22,588,907$
Facility Improvements 1,376,396
Park Improvements 1,480,516
Capital Improvements 2,422,032
General Government 1,474,455
29,342,306$
(1) Includes a $19.8 million contract that is funded through g rant reimbursements

EXHIBIT A
108

REQUIRED SUPPLEMENTARY INFORMATION

EXHIBIT A
109
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EXHIBIT A
110
City of Marina
Schedule of Revenues, Expenditures, and Changes in Fund Balance Budget and Actual (GAAP Basis)
General Fund
For the Year Ended June 30, 2024
Variance with
Budgeted Amounts Final Budget
Actual Positive
Original Final Amounts (Negative)

REVENUES
Taxes and assessments 27,267,764$ 27,267,764$ 29,695,777$ 2,428,013$ Licenses, permits and fees 835,200 835,200 937,002 101,802 Fines and forfeitures 64,600 64,600 83,689 19,089 Intergovernmental 380,200 1,128,080 1,018,726 (109,354) Charges for services 4,186,350 4,186,350 4,279,676 93,326 Investment earnings 750,000 750,000 3,971,343 3,221,343 Local contributions 23,000 23,000 86,451 63,451 Other revenue 57,600 58,650 104,318 45,668 Total Revenues 33,564,714 34,313,644 40,176,982 5,863,338

EXPENDITURES
Current:

General government 10,594,055 10,860,353 10,279,864 580,489 Public safety 14,362,828 14,853,240 13,351,348 1,501,892 Public works 2,609,495 2,608,892 2,000,958 607,934 Economic & community development 4,502,702 5,056,811 3,911,380 1,145,431 Recreation & cultural services 1,373,830 1,389,080 1,250,619 138,461 Capital outlay 1,874,690 1,918,881 123,087 1,795,794 Debt service
Principal 612,440 612,440 375,014 237,426 Interest and fiscal charges - - 54,489 (54,489) Total Expenditures 35,930,040 37,299,697 31,346,759 5,952,938 Excess (Deficiency) of Revenues over Expenditures (2,365,326) (2,986,053) 8,830,223 11,816,276

OTHER FINANCING SOURCES (USES)
Transfers in 133,337 133,337 133,337 - Transfers out (14,540,292) (14,540,292) (14,590,293) (50,001) Equipment leases - - 60,596 60,596 Sale of capital assets - - 8,426,523 8,426,523 Total Other Financing Sources (Uses) (14,406,955) (14,406,955) (5,969,837) 8,437,118 Net Change in Fund Balance (16,772,281) (17,393,008) 2,860,386 20,253,394 Fund Balance Beginning 44,333,588 44,333,588 44,333,588 - Fund Balance Ending 27,561,307$ 26,940,580$ 47,193,974$ 20,253,394$ The City adopts a budget annually for all governmental fund types. This budget is effective July 1 for the ensuing fiscal year.

From the effective date of the budget, which is adopted at the fund level, the amounts stated therein as proposed expenditures become appropriations to the various City departments. The legal level of budgetary control is the fund level. The City Council may amend the budget by resolution during the fiscal year. The City Manager has the authority to make adjustments to the operating budget between functions within the same fund. Transfers of operating budgets between funds, use of unappropriated fund balances, and significant changes in capital improvement project budgets require the approval of the City Council.

Expenditures in excess of appropriations were covered by budgets in other objects/functions or beginning fund balance.

EXHIBIT A
111
City of Marina
Schedule of Revenues, Expenditures, and Changes in Fund Balance Budget and Actual (GAAP Basis)
FORA Dissolution Fund
For the Year Ended June 30, 2024
Variance with
Budgeted Amounts Final Budget
Actual Positive
Original Final Amounts (Negative)

REVENUES
Licenses, permits and fees 1,000,000$ 1,000,000$ 4,183,286$ 3,183,286$ Investment earnings 150,000 150,000 954,185 804,185 Local contributions 925,000 925,000 995,133 70,133 Other revenue - - 80,260 80,260 Total Revenues 2,075,000 2,075,000 6,212,864 4,137,864

EXPENDITURES
Current:

Economic & community development 4,810,000 4,810,000 2,076,193 2,733,807 Total Expenditures 4,810,000 4,810,000 2,076,193 2,733,807 Excess (Deficiency) of Revenues over Expenditures (2,735,000) (2,735,000) 4,136,671 6,871,671

OTHER FINANCING SOURCES (USES)
Transfers out (4,500,000) (4,500,000) (4,625,859) (125,859) Total Other Financing Sources (Uses) (4,500,000) (4,500,000) (4,625,859) (125,859) Net Change in Fund Balance (7,235,000) (7,235,000) (489,188) 6,745,812 Fund Balance Beginning 20,557,851 20,557,851 20,557,851 - Fund Balance Ending 13,322,851$ 13,322,851$ 20,068,663$ 6,745,812$

EXHIBIT A
112
City of Marina
Schedule of Revenues, Expenditures, and Changes in Fund Balance Budget and Actual (GAAP Basis)
Impact Fee Fund
For the Year Ended June 30, 2024
Variance with
Budgeted Amounts Final Budget
Actual Positive
Original Final Amounts (Negative)

REVENUES
Charges for services 3,440,000$ 3,440,000$ 5,578,091$ 2,138,091$ Investment earnings 200,000 200,000 984,401 784,401 Total Revenues 3,640,000 3,640,000 6,562,492 2,922,492

OTHER FINANCING SOURCES (USES)
Transfers out (7,850,000) (7,850,000) (7,850,000) - Total Other Financing Sources (Uses) (7,850,000) (7,850,000) (7,850,000) - Net Change in Fund Balance (4,210,000) (4,210,000) (1,287,508) 2,922,492 Fund Balance Beginning 24,644,199 24,644,199 24,644,199 - Fund Balance Ending 20,434,199$ 20,434,199$ 23,356,691$ 2,922,492$

EXHIBIT A
113
City of Marina
Schedule of Pension Contributions
June 30, 2024
(Last Ten Years)
Miscellaneous and Safety Plan
Fiscal Year Ended 2015 2016 2017 2018 2019
Contractually Required Contributions 1,428,070$ 2,069,732$ 2,385,218$ 2,524,388$ 2,050,095$ Contributions in Relation to Contractually
Required Contributions 1,428,070 2,069,732 2,385,218 2,524,388 2,050,095 Contribution Deficiency (Excess) -$ -$ -$ -$ -$ Covered Payroll 7,233,320$ 6,987,956$ 7,070,353$ 7,637,741$ 7,411,028$ Contributions as a % of Covered Payroll 19.74% 29.62% 33.74% 33.05% 27.66% Miscellaneous and Safety Plan
Fiscal Year Ended 2020 2021 2022 2023 2024
Contractually Required Contributions 2,739,136$ 2,885,118$ 3,140,753$ 3,374,756$ 3,638,057$ Contributions in Relation to Contractually
Required Contributions 2,739,136 2,885,118 3,140,753 3,374,756 3,638,057 Contribution Deficiency (Excess) -$ -$ -$ -$ -$ Covered Payroll 8,281,259$ 9,003,748$ 9,258,676$ 9,271,237$ 11,406,004$ Contributions as a % of Covered Payroll 33.08% 32.04% 33.92% 36.40% 31.90% Notes to Schedule:

Valuation Date: June 30, 2022
Assumptions Used: Entry Age Method used for Actuarial Cost Method Level Percentage of Payroll and Direct Rate Smoothing
Remaining Amortization Period no more than 29 years
Inflation Assumed at 2.30%
Investment Rate of Returns set at 6.8%
The CalPERS discount rate was increased from 7.50% to 7.65% in FY2016, to 7.15% in FY2018, and then decreased to 6.80% in FY2023.

The CalPERS mortality assumptions was adjusted in fiscal year 2023.

The mortality table was developed based on CalPERS-specific data. The rates incorporate Generational Mortality to capture ongoing morality improvement using 80% of Scale MP 2020 published by the Society of Actuaries. For more details, please refer to the 2021 experience study report that can be found on the CalPERS website.

EXHIBIT A
114
City of Marina
Schedule of Proportionate Share of Net Pension Liability June 30, 2024
(Last Ten Years)
Miscellaneous and Safety Plan
Plan Measurement Date 2014 2015 2016 2017 2018
Fiscal Year Ended 2015 2016 2017 2018 2019
Proportion of Net Pension
Liability (Safety and Misc) 0.18297% 0.17995% 0.18715% 0.19055% 0.19679% Proportionate Share of
Net Pension Liability 11,385,528$ 12,351,371$ 16,193,904$ 18,897,109$ 18,963,346$ Covered Payroll 7,701,575$ 7,233,320$ 6,987,956$ 7,070,353$ 7,637,741$ Proportionate Share of NPL
as a % of Covered Payroll 147.83% 170.76% 231.74% 267.27% 248.28% Plan's Fiduciary Net Position
as a % of the TPL 79.61% 77.38% 75.77% 74.66% 76.15%
Miscellaneous and Safety Plan
Plan Measurement Date 2019 2020 2021 2022 2023
Fiscal Year Ended 2020 2021 2022 2023 2024
Proportion of Net Pension
Liability (Safety and Misc) 0.20287% 0.21094% 0.24609% 0.23573% 0.23721% Proportionate Share of
Net Pension Liability 20,787,955$ 22,951,344$ 13,309,290$ 27,228,646$ 29,593,077$ Covered Payroll 7,411,028$ 8,281,259$ 9,003,748$ 9,258,676$ 9,271,237$ Proportionate Share of NPL
as a % of Covered Payroll 280.50% 277.15% 147.82% 294.09% 319.19% Plan's Fiduciary Net Position
as a % of the TPL 75.40% 74.18% 85.74% 76.68% 76.21%
The CalPERS discount rate was increased from 7.50% to 7.65% in FY2016, to 7.15% in FY2018, and then decreased to 6.80% in FY2023.

The CalPERS mortality assumptions was adjusted in fiscal year 2023.

EXHIBIT A
115
City of Marina
Schedule of Changes in Total OPEB Liability
June 30, 2024
(Last Ten Years)
Fiscal Year Ended 2018 2019 2020 2021 2022 2023 2024
Total OPEB liability
Service cost 271,072$ 200,224$ 195,708$ 264,281$ 394,958$ 503,081$ 347,235$ Interest 157,957 153,199 168,281 177,174 155,100 143,021 198,892 Differences exp. and act. exp. (4,684) (27,347) 371,094 (5,518) (1,155,928) - (1,704,374) Changes of assumptions (1,590,885) (200,100) (14,726) 1,466,447 190,330 (1,619,123) (274,622) Benefit payments (22,911) (28,444) (76,872) (73,360) (80,621) (98,138) (106,200) Net change in Total OPEB Liability (1,189,451) 97,532 643,485 1,829,024 (496,161) (1,071,159) (1,539,069) Total OPEB Liability - beginning 5,282,625 4,093,174 4,190,706 4,834,191 6,663,215 6,167,054 5,095,895 Total OPEB Liability - ending 4,093,174$ 4,190,706$ 4,834,191$ 6,663,215$ 6,167,054$ 5,095,895$ 3,556,826$ 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 7,387,760$ 7,635,928$ 7,725,967$ 8,315,617$ 9,361,845$ 9,666,105$ 10,166,744$ Total OPEB liability as a %
of covered employee payroll 55.40% 54.88% 62.57% 80.13% 65.87% 52.72% 34.98% Other Notes
There were no changes in benefit terms.

Discount rates decreased from 3.87% to 3.5% in 2020, then to 2.21% in 2021, 2.16% in 2022, and then increased to 3.69% in 2023 and 3.86% in 2024.

There were no changes in trend rates
GASB 75 requires a schedule of contributions for the last ten fiscal years, or for as many years as are available if less than ten years are available. G ASB 75 was adopted as of June 30, 2018.

EXHIBIT A
116

SUPPLEMENTARY INFORMATION

EXHIBIT A
117
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EXHIBIT A
118
City of Marina
Schedule of Revenues, Expenditures, and Changes in Fund Balance Budget and Actual (GAAP Basis)
City Capital Projects Fund
For the Year Ended June 30, 2024
Variance with
Budgeted Amounts Final Budget
Actual Positive
Original Final Amounts (Negative)

REVENUES
Intergovernmental 3,161,000$ 3,161,000$ 6,661,478$ 3,500,478$ Charges for services 50,000 50,000 92,719 42,719 Local contributions - - 39,061 39,061 Other revenue - - 317,050 317,050 Total Revenues 3,211,000 3,211,000 7,110,308 3,899,308

EXPENDITURES
Capital outlay 35,328,989 35,328,989 14,044,661 21,284,328 Total Expenditures 35,328,989 35,328,989 14,044,661 21,284,328 Excess (Deficiency) of Revenues over Expenditures (32,117,989) (32,117,989) (6,934,353) 25,183,636

OTHER FINANCING SOURCES (USES)
Transfers in 25,780,000 25,780,000 25,955,858 175,858 Transfers out - - - - Total Other Financing Sources (Uses) 25,780,000 25,780,000 25,955,858 175,858 Net Change in Fund Balance (6,337,989) (6,337,989) 19,021,505 25,359,494 Fund Balance Beginning 27,289,504 27,289,504 27,289,504 - Fund Balance Ending 20,951,515$ 20,951,515$ 46,311,009$ 25,359,494$

EXHIBIT A
119
City of Marina
Schedule of Revenues, Expenditures, and Changes in Fund Balance Budget and Actual (GAAP Basis)
Abrams B Debt Service Fund
For the Year Ended June 30, 2024
Variance with
Budgeted Amounts Final Budget
Actual Positive
Original Final Amounts (Negative)

REVENUES
Investment earnings 9,000$ 9,000$ 21,893$ 12,893$ Other revenue 688,000 688,000 754,309 66,309 Total Revenues 697,000 697,000 776,202 79,202

EXPENDITURES
Debt service
Principal 480,000 480,000 475,000 5,000 Interest and fiscal charges 270,000 270,000 268,905 1,095 Total Expenditures 750,000 750,000 743,905 6,095 Net Change in Fund Balance (53,000) (53,000) 32,297 85,297 Fund Balance Beginning 418,074 418,074 418,074 - Fund Balance Ending 365,074$ 365,074$ 450,371$ 85,297$

EXHIBIT A
120

NONMAJOR GOVERNMENTAL FUNDS
Special Revenue Funds
CDBG: Accounts for various U.S. Housing and Urban Development Department, Community Development Block Grant, non-housing programs, including grant revenues, grant expenditures and program income.

CDBG Housing: Accounts for various U.S. Housing and Urban Development Department, Community Development Block Grant, housing programs.

Public Education Government: Accounts for franchise tax fees collected with cable television bills.

Fees collected through the cable provider finance the operating and capital costs of broadcasting City Council and other meetings of public interest over a dedicated TV channel.

Gas Tax Streets: Accounts for State gas tax revenues and occasional City cash and staffing contributions, and the costs of allowable streets maintenance and repair projects.

Road Maintenance and Rehabilitation (SB1): Accounts for funds received and expended specific to road maintenance and repairs.

Transportation Safety and Investment: Accounts for funds received and expended from sales tax Measure X to invest in roads throughout the County.

National Parks Recreation Services: Accounts for revenues generated by land and antenna rentals, and from various recreation activities conducted on the site, as well as costs for facilities improvements, repairs, maintenance, staffing and support costs related to recreational activities. All activities are conducted on property granted to the City upon Fort Ord Army Base Closure. Use of these resources is limited to recreation activities conducted on these premises.

Seabreeze Assessment District: Accounts for assessments collected from property owners within the boundaries of the District, and related landscape maintenance costs.

Monterey Bay Estates Assessment District: Accounts for assessments collected from property owners within the boundaries of the District, and related landscape maintenance costs.

Cypress Cove II Assessment District: Accounts for assessments collected from property owners within the boundaries of the District, and related landscape maintenance costs.

CFD 2007-2 Locke-Paddon: A Community Facilities District (CFD) accounts for annual assessments against property owners within the boundaries of the District and related improvement and maintenance costs.

CFD 2015-1 Dunes: A Community Facilities Districts (CFD) accounts for annual assessments against property owners within the boundaries of the District and related improvement and maintenance costs.

Housing Assistance Fund: Accounts for funds received and expended as part of Below Market Rate Housing Implementation Agreements. Use of these resources is limited to city-wide homebuyer assistance as well as administrative costs associated with the establishment and implementation of a homebuyer assistance program.

EXHIBIT A
121

NONMAJOR GOVERNMENTAL FUNDS
Debt Service Funds
2015 GO Refunding Bonds: Accounts for tax revenues that provide resources to make bond principal and interest payments, and to pay costs of administering the 2015 general obligation refunding bonds, which refinanced the 2005 library construction general obligation bonds.

Marina Landing Bonds: Accounted for special assessment revenues, bond principal and interest payments, and debt administration costs. Bonds were originally issued to finance certain infrastructure improvements to properties in the Marina Landing Assessment. All bonds have been liquidated but the fund has a residual cash balance which will be disbursed and the fund deactivated when appropriate.

Marina Greens Bonds: Accounted for special assessment revenues, bond principal and interest payments, and debt administration costs. Bonds were originally issued to finance certain infrastructure improvements to properties in the Marina Greens Assessment District. All bonds have been liquidated but the fund has a residual cash balance which will be disbursed and the fund deactivated when appropriate.

Measure X Certificates of Participation Debt Service Fund: Accounts for proceeds and debt service related to Certificates of Participation issued for street improvements. Debt will be repaid using Measure X tax revenue received by the City.

Capital Projects Funds
Airport: This fund accounts for federal and state grant revenues, city-match and other resources that are dedicated and/or restricted to creating, expanding or otherwise improving infrastructure and other long- lived assets at the Marina Municipal Airport.

Park Facilities: Over a period of time, this fund has accounted for residential park development taxes, park facility improvement fees, park facility use fees, mitigation fees for new development, parks in-lieu fees, grant revenues, private and public donations, antenna rents and other resources dedicated or restricted to the acquisition, construction and/or improvement of park and recreational facilities.

Resources in this fund were expended for their required purposes, and since implementation of Parks Impact Fees (accounted for in the Impact Fee Fund) the fund has become inactive. The small remaining cash balance will be transferred to the appropriate successor fund.

EXHIBIT A
122
City of Marina
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2024
Public
CDBG Education Gas
CDBG Housing Government Tax
Fund Fund Fund Fund
ASSETS
Cash and investments 377,749$ 955$ 126,162$ 33,870$ Restricted cash and investments - - - - Accounts receivable 1,601 4 25,743 50,224 Due from other funds - - - - Notes receivable 480,785 60,000 - - Total assets 860,135$ 60,959$ 151,905$ 84,094$

LIABILITIES, DEFERRED INFLOWS

AND FUND BALANCES
Liabilities:

Accounts payable -$ -$ 106,494$ 22,205$ Accrued payroll and benefits - - - 16,017 Deposits and other liabilities - - - - Due to other funds - - - - Advances from other funds - - - - Total liabilities - - 106,494 38,222 Deferred Inflows of Resources:

Unavailable revenues 480,785 60,000 - - Fund Balances:

Restricted:

Transportation and streets - - - - Special districts - - - 45,872 Housing - - - - Community development 379,350 959 - - Recreation - - - - Capital projects - - - - Debt service - - - - Committed
Public education - - 45,411 - Unassigned - - - - Total fund balances 379,350 959 45,411 45,872 Total liabilities, deferred inflows of
resources and fund balances 860,135$ 60,959$ 151,905$ 84,094$ Cont'd
Special Revenue Funds

EXHIBIT A
123
City of Marina
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2024
ASSETS
Cash and investments
Restricted cash and investments
Accounts receivable
Due from other funds
Notes receivable
Total assets

LIABILITIES, DEFERRED INFLOWS

AND FUND BALANCES
Liabilities:

Accounts payable
Accrued payroll and benefits
Deposits and other liabilities
Due to other funds
Advances from other funds
Total liabilities
Deferred Inflows of Resources:

Unavailable revenues
Fund Balances:

Restricted:

Transportation and streets
Special districts
Housing
Community development
Recreation
Capital projects
Debt service
Committed
Public education
Unassigned
Total fund balances
Total liabilities, deferred inflows of
resources and fund balances
National
Road Transportation Parks Seabreeze
Maintenance & Safety & Recreation Assessment
Rehabilitation Investment Services District
Fund Fund Fund Fund
657,431$ 793,038$ 443,416$ -$ - - - - 48,402 252,131 2,326 94 - - - - - - - - 705,833$ 1,045,169$ 445,742$ 94$ -$ -$ -$ 218$ - - - - - - 8,833 - - - - - - - - 33 - - 8,833 251 - - - - 705,833 1,045,169 - - - - - - - - - - - - - - - - 436,909 - - - - - - - - - - - - - - - - (157) 705,833 1,045,169 436,909 (157) 705,833$ 1,045,169$ 445,742$ 94$ Cont'd
Special Revenue Funds

EXHIBIT A
124
City of Marina
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2024
ASSETS
Cash and investments
Restricted cash and investments
Accounts receivable
Due from other funds
Notes receivable
Total assets

LIABILITIES, DEFERRED INFLOWS

AND FUND BALANCES
Liabilities:

Accounts payable
Accrued payroll and benefits
Deposits and other liabilities
Due to other funds
Advances from other funds
Total liabilities
Deferred Inflows of Resources:

Unavailable revenues
Fund Balances:

Restricted:

Transportation and streets
Special districts
Housing
Community development
Recreation
Capital projects
Debt service
Committed
Public education
Unassigned
Total fund balances
Total liabilities, deferred inflows of
resources and fund balances
Monterey Cypress CFD
Bay Estates Cove II 2007-2 CFD
Assessment Assessment Locke- 2015-1 Housing
District District Paddon Dunes Assistance
Fund Fund Fund Fund Fund
12,642$ 6,156$ 35,643$ 1,615,301$ 1,986,473$ - - - - - 249 210 166 10,289 8,420 - - - - - - - - - - 12,891$ 6,366$ 35,809$ 1,625,590$ 1,994,893$ 478$ 540$ 2,174$ 1,660$ -$ - - - - - - - - - - - - - - - - - - - - 478 540 2,174 1,660 - - - - - - - - - - - 12,413 5,826 33,635 1,623,930 - - - - - 1,994,893 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 12,413 5,826 33,635 1,623,930 1,994,893 12,891$ 6,366$ 35,809$ 1,625,590$ 1,994,893$ Cont'd
Special Revenue Funds

EXHIBIT A
125
City of Marina
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2024
ASSETS
Cash and investments
Restricted cash and investments
Accounts receivable
Due from other funds
Notes receivable
Total assets

LIABILITIES, DEFERRED INFLOWS

AND FUND BALANCES
Liabilities:

Accounts payable
Accrued payroll and benefits
Deposits and other liabilities
Due to other funds
Advances from other funds
Total liabilities
Deferred Inflows of Resources:

Unavailable revenues
Fund Balances:

Restricted:

Transportation and streets
Special districts
Housing
Community development
Recreation
Capital projects
Debt service
Committed
Public education
Unassigned
Total fund balances
Total liabilities, deferred inflows of
resources and fund balances
2015 Marina Marina Measure X
GO Landing Greens Certificate of
Refunding Improvement Improvement Participation
Bonds Bonds Bonds Debt Service
Fund Fund Fund Fund
3,960$ 54$ -$ 85,288$ 549,404 7,514 1,816 10,518,627 9,530 32 8 1,119 - - - - - - - - 562,894$ 7,600$ 1,824$ 10,605,034$ -$ -$ -$ -$ - - - - - - - - - - - 845,812 - - - - - - - 845,812 - - - - - - - - - - - - - - - - - - - - - - - - - - - 9,759,222 562,894 7,600 1,824 - - - - - - - - - 562,894 7,600 1,824 9,759,222 562,894$ 7,600$ 1,824$ 10,605,034$ Cont'd
Debt Service Funds

EXHIBIT A
126
City of Marina
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2024
ASSETS
Cash and investments
Restricted cash and investments
Accounts receivable
Due from other funds
Notes receivable
Total assets

LIABILITIES, DEFERRED INFLOWS

AND FUND BALANCES
Liabilities:

Accounts payable
Accrued payroll and benefits
Deposits and other liabilities
Due to other funds
Advances from other funds
Total liabilities
Deferred Inflows of Resources:

Unavailable revenues
Fund Balances:

Restricted:

Transportation and streets
Special districts
Housing
Community development
Recreation
Capital projects
Debt service
Committed
Public education
Unassigned
Total fund balances
Total liabilities, deferred inflows of
resources and fund balances
Measure X Airport Total
Road and Capital Park Nonmajor
Transportation Projects Facilities Governmental
Fund Fund Fund Funds
7,902,662$ 2,507,051$ 914$ 16,588,765$ - - - 11,077,361 33,826 10,628 4 455,006 845,812 - - 845,812 - - - 540,785 8,782,300$ 2,517,679$ 918$ 29,507,729$ 163,251$ 6,136$ -$ 303,156$ - - - 16,017 - - - 8,833 - - - 845,812 - - - 33 163,251 6,136 - 1,173,851 - - - 540,785 - - - 1,751,002 - - - 1,721,676 - - - 1,994,893 - - - 380,309 - - - 436,909 8,619,049 2,511,543 918 20,890,732 - - - 572,318 - - - 45,411 - - - (157) 8,619,049 2,511,543 918 27,793,093 8,782,300$ 2,517,679$ 918$ 29,507,729$ Concluded
Capital Projects Funds

EXHIBIT A
127
City of Marina
Combining Statement of Revenues, Expenditures
and Changes in Fund Balances
Nonmajor Governmental Funds
For the Year Ended June 30, 2024
Public
CDBG Education Gas
CDBG Housing Government Tax
Fund Fund Fund Fund

REVENUES
Taxes and assessments -$ -$ 105,342$ 583,471$ Charges for services - - - - Investment earnings 17,803 170 - 579 Other revenue - - - - Total Revenues 17,803 170 105,342 584,050

EXPENDITURES
Current:

General government - - - - Public works - - - 504,377 Economic & community development - - 106,495 - Recreation & cultural services - - - - Capital outlay - - 1,773 - Debt service
Principal - - - - Interest and fiscal charges - - - - Total Expenditures - - 108,268 504,377 Excess (Deficiency) of Revenues over Expenditures 17,803 170 (2,926) 79,673

OTHER FINANCING SOURCES (USES)
Transfers in - - - - Transfers out (23,574) (36,519) - (62,400) Total Other Financing Sources (Uses) (23,574) (36,519) - (62,400) Net Change in Fund Balances (5,771) (36,349) (2,926) 17,273 Fund Balances Beginning 385,121 37,308 48,337 28,599 Fund Balances Ending 379,350$ 959$ 45,411$ 45,872$ Cont'd
Special Revenue Funds

EXHIBIT A
128
City of Marina
Combining Statement of Revenues, Expenditures
and Changes in Fund Balances
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes and assessments
Charges for services
Investment earnings
Other revenue
Total Revenues

EXPENDITURES
Current:

General government
Public works
Economic & community development
Recreation & cultural services
Capital outlay
Debt service
Principal
Interest and fiscal charges
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
National
Road Transportation Parks Seabreeze
Maintenance & Safety & Recreation Assessment
Rehabilitation Investment Services District
Fund Fund Fund Fund
557,730$ 1,000,551$ -$ 6,733$ - - 79,404 - 20,023 14,493 19,311 11 - - - - 577,753 1,015,044 98,715 6,744 - - - - - 6,749 - 4,684 - - - - - - 7,252 - - - - - - - - - - - - - - 6,749 7,252 4,684 577,753 1,008,295 91,463 2,060 - - - - (450,000) (947,325) (18,917) (1,740) (450,000) (947,325) (18,917) (1,740) 127,753 60,970 72,546 320 578,080 984,199 364,363 (477) 705,833$ 1,045,169$ 436,909$ (157)$ Cont'd
Special Revenue Funds

EXHIBIT A
129
City of Marina
Combining Statement of Revenues, Expenditures
and Changes in Fund Balances
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes and assessments
Charges for services
Investment earnings
Other revenue
Total Revenues

EXPENDITURES
Current:

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Monterey Cypress CFD
Bay Estates Cove II 2007-2 CFD
Assessment Assessment Locke- 2015-1 Housing
District District Paddon Dunes Assistance
Fund Fund Fund Fund Fund
12,469$ 19,852$ 16,514$ 300,700$ -$ - - - - - 522 307 1,652 68,763 93,317 - - - - - 12,991 20,159 18,166 369,463 93,317 - - - - - 10,787 25,027 15,950 7,279 - - - - - - - - - - - - - - - - - - - - - - - - - - 10,787 25,027 15,950 7,279 - 2,204 (4,868) 2,216 362,184 93,317 - - - - 60,093 (2,870) (2,750) (5,235) (2,770) - (2,870) (2,750) (5,235) (2,770) 60,093 (666) (7,618) (3,019) 359,414 153,410 13,079 13,444 36,654 1,264,516 1,841,483 12,413$ 5,826$ 33,635$ 1,623,930$ 1,994,893$ Cont'd
Special Revenue Funds

EXHIBIT A
130
City of Marina
Combining Statement of Revenues, Expenditures
and Changes in Fund Balances
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes and assessments
Charges for services
Investment earnings
Other revenue
Total Revenues

EXPENDITURES
Current:

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
2015 Marina Marina Measure X
GO Landing Greens Certificate of
Refunding Improvement Improvement Participation
Bonds Bonds Bonds Debt Service
Fund Fund Fund Fund
622,606$ -$ -$ -$ - - - - 14,107 356 72 626,279 - - - - 636,713 356 72 626,279 - - - - - - - - - - - - - - - - - - - - 315,000 - - 235,000 217,591 - - 545,325 532,591 - - 780,325 104,122 356 72 (154,046) - - - 777,327 (14,855) - - (2,696,592) (14,855) - - (1,919,265) 89,267 356 72 (2,073,311) 473,627 7,244 1,752 11,832,533 562,894$ 7,600$ 1,824$ 9,759,222$ Cont'd
Debt Service Funds

EXHIBIT A
131
City of Marina
Combining Statement of Revenues, Expenditures
and Changes in Fund Balances
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes and assessments
Charges for services
Investment earnings
Other revenue
Total Revenues

EXPENDITURES
Current:

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Measure X Airport Total
Road and Capital Park Nonmajor
Transportation Projects Facilities Governmental
Fund Fund Fund Funds
-$ -$ -$ 3,225,968$ - - - 79,404 432,722 120,844 37 1,431,368 - - - - 432,722 120,844 37 4,736,740 - - - - - - - 574,853 - - - 106,495 - - - 7,252 845,812 576,477 - 1,424,062 - - - 550,000 - - - 762,916 845,812 576,477 - 3,425,578 (413,090) (455,633) 37 1,311,162 4,316,592 983,000 - 6,137,012 - - - (4,265,547) 4,316,592 983,000 - 1,871,465 3,903,502 527,367 37 3,182,627 4,715,547 1,984,176 881 24,610,466 8,619,049$ 2,511,543$ 918$ 27,793,093$ Concluded
Capital Projects Funds

EXHIBIT A
132
City of Marina
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2024
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)

REVENUES
Taxes and assessments -$ -$ -$ -$ Charges for services - - - - Investment earnings 1,500 1,500 17,803 16,303 Other revenue 5,000 5,000 - (5,000) Total Revenues 6,500 6,500 17,803 11,303

EXPENDITURES
Current:

Public works - - - - Economic & community development - - - - Recreation & cultural services - - - - Capital outlay - - - - Debt service
Principal - - - - Interest and fiscal charges - - - - Total Expenditures - - - - Excess (Deficiency) of Revenues over Expenditures 6,500 6,500 17,803 11,303

OTHER FINANCING SOURCES (USES)
Transfers in - - - - Transfers out (23,574) (23,574) (23,574) - Total Other Financing Sources (Uses) (23,574) (23,574) (23,574) - Net Change in Fund Balances (17,074) (17,074) (5,771) 11,303 Fund Balances Beginning 385,121 385,121 385,121 - Fund Balances Ending 368,047$ 368,047$ 379,350$ 11,303$ Cont'd
Budgeted Amounts
CDBG Fund

EXHIBIT A
133
City of Marina
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes and assessments
Charges for services
Investment earnings
Other revenue
Total Revenues

EXPENDITURES
Current:

Public works
Economic & community development
Recreation & cultural services
Capital outlay
Debt service
Principal
Interest and fiscal charges
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures

EXHIBIT A
134
City of Marina
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes and assessments
Charges for services
Investment earnings
Other revenue
Total Revenues

EXPENDITURES
Current:

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
110,000$ 110,000$ 105,342$ (4,658)$ - - - - - - - - - - - - 110,000 110,000 105,342 (4,658) - - - - 110,000 110,000 106,495 3,505 - - - - - - 1,773 (1,773) - - - - - - - - 110,000 110,000 108,268 1,732 - - (2,926) (2,926) - - - - - - - - - - - - - - (2,926) (2,926) 48,337 48,337 48,337 - 48,337$ 48,337$ 45,411$ (2,926)$ Cont'd
Public Education Government Fund
Budgeted Amounts

EXHIBIT A
135
City of Marina
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes and assessments
Charges for services
Investment earnings
Other revenue
Total Revenues

EXPENDITURES
Current:

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
567,000$ 567,000$ 583,471$ 16,471$ - - - - - - 579 579 - - - - 567,000 567,000 584,050 17,050 449,969 449,969 504,377 (54,408) - - - - - - - - - - - - - - - - - - - - 449,969 449,969 504,377 (54,408) 117,031 117,031 79,673 (37,358) - - - - (62,400) (62,400) (62,400) - (62,400) (62,400) (62,400) - 54,631 54,631 17,273 (37,358) 28,599 28,599 28,599 - 83,230$ 83,230$ 45,872$ (37,358)$ Cont'd
Gas Tax Fund
Budgeted Amounts

EXHIBIT A
136
City of Marina
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes and assessments
Charges for services
Investment earnings
Other revenue
Total Revenues

EXPENDITURES
Current:

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
500,000$ 500,000$ 557,730$ 57,730$ - - - - 1,500 1,500 20,023 18,523 - - - - 501,500 501,500 577,753 76,253 - - - - - - - - - - - - - - - - - - - - - - - - - - - - 501,500 501,500 577,753 76,253 - - - - (450,000) (450,000) (450,000) - (450,000) (450,000) (450,000) - 51,500 51,500 127,753 76,253 578,080 578,080 578,080 - 629,580$ 629,580$ 705,833$ 76,253$ Cont'd
Road Maintenance & Rehabilitation Fund
Budgeted Amounts

EXHIBIT A
137
City of Marina
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes and assessments
Charges for services
Investment earnings
Other revenue
Total Revenues

EXPENDITURES
Current:

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
950,000$ 950,000$ 1,000,551$ 50,551$ - - - - 1,000 1,000 14,493 13,493 - - - - 951,000 951,000 1,015,044 64,044 - - 6,749 (6,749) - - - - - - - - - - - - - - - - - - - - - - 6,749 (6,749) 951,000 951,000 1,008,295 57,295 - - - - (947,325) (947,325) (947,325) - (947,325) (947,325) (947,325) - 3,675 3,675 60,970 57,295 984,199 984,199 984,199 - 987,874$ 987,874$ 1,045,169$ 57,295$ Cont'd
Transportation Safety & Investment Fund
Budgeted Amounts

EXHIBIT A
138
City of Marina
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes and assessments
Charges for services
Investment earnings
Other revenue
Total Revenues

EXPENDITURES
Current:

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
-$ -$ -$ -$ 75,000 75,000 79,404 4,404 3,000 3,000 19,311 16,311 - - - - 78,000 78,000 98,715 20,715 - - - - - - - - 11,950 11,950 7,252 4,698 - - - - - - - - - - - - 11,950 11,950 7,252 4,698 66,050 66,050 91,463 25,413 - - - - (18,917) (18,917) (18,917) - (18,917) (18,917) (18,917) - 47,133 47,133 72,546 25,413 364,363 364,363 364,363 - 411,496$ 411,496$ 436,909$ 25,413$ Cont'd
Budgeted Amounts
National Parks Recreation Services Fund

EXHIBIT A
139
City of Marina
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes and assessments
Charges for services
Investment earnings
Other revenue
Total Revenues

EXPENDITURES
Current:

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
6,750$ 6,750$ 6,733$ (17)$ - - - - - - 11 11 - - - - 6,750 6,750 6,744 (6) 4,355 4,355 4,684 (329) - - - - - - - - - - - - - - - - - - - - 4,355 4,355 4,684 (329) 2,395 2,395 2,060 (335) - - - - (1,740) (1,740) (1,740) - (1,740) (1,740) (1,740) - 655 655 320 (335) (477) (477) (477) - 178$ 178$ (157)$ (335)$ Cont'd
Budgeted Amounts
Seabreeze Assessment District Fund

EXHIBIT A
140
City of Marina
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes and assessments
Charges for services
Investment earnings
Other revenue
Total Revenues

EXPENDITURES
Current:

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
12,500$ 12,500$ 12,469$ (31)$ - - - - 100 100 522 422 - - - - 12,600 12,600 12,991 391 8,549 8,549 10,787 (2,238) - - - - - - - - - - - - - - - - - - - - 8,549 8,549 10,787 (2,238) 4,051 4,051 2,204 (1,847) - - - - (2,870) (2,870) (2,870) - (2,870) (2,870) (2,870) - 1,181 1,181 (666) (1,847) 13,079 13,079 13,079 - 14,260$ 14,260$ 12,413$ (1,847)$ Cont'd
Budgeted Amounts
Monterey Bay Estates Assessment District Fund

EXHIBIT A
141
City of Marina
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes and assessments
Charges for services
Investment earnings
Other revenue
Total Revenues

EXPENDITURES
Current:

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
19,886$ 19,886$ 19,852$ (34)$ - - - - 100 100 307 207 - - - - 19,986 19,986 20,159 173 21,072 21,072 25,027 (3,955) - - - - - - - - - - - - - - - - - - - - 21,072 21,072 25,027 (3,955) (1,086) (1,086) (4,868) (3,782) - - - - (2,750) (2,750) (2,750) - (2,750) (2,750) (2,750) - (3,836) (3,836) (7,618) (3,782) 13,444 13,444 13,444 - 9,608$ 9,608$ 5,826$ (3,782)$ Cont'd
Budgeted Amounts
Cypress Cove II Assessment District Fund

EXHIBIT A
142
City of Marina
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes and assessments
Charges for services
Investment earnings
Other revenue
Total Revenues

EXPENDITURES
Current:

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
16,500$ 16,500$ 16,514$ 14$ - - - - 200 200 1,652 1,452 - - - - 16,700 16,700 18,166 1,466 10,801 10,801 15,950 (5,149) - - - - - - - - - - - - - - - - - - - - 10,801 10,801 15,950 (5,149) 5,899 5,899 2,216 (3,683) - - - - (5,235) (5,235) (5,235) - (5,235) (5,235) (5,235) - 664 664 (3,019) (3,683) 36,654 36,654 36,654 - 37,318$ 37,318$ 33,635$ (3,683)$ Cont'd
Budgeted Amounts
CFD 2007-2 Locke- Paddon Fund

EXHIBIT A
143
City of Marina
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes and assessments
Charges for services
Investment earnings
Other revenue
Total Revenues

EXPENDITURES
Current:

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
297,944$ 297,944$ 300,700$ 2,756$ - - - - 8,000 8,000 68,763 60,763 - - - - 305,944 305,944 369,463 63,519 342,970 342,970 7,279 335,691 - - - - - - - - - - - - - - - - - - - - 342,970 342,970 7,279 335,691 (37,026) (37,026) 362,184 399,210 - - - - (2,770) (2,770) (2,770) - (2,770) (2,770) (2,770) - (39,796) (39,796) 359,414 399,210 1,264,516 1,264,516 1,264,516 - 1,224,720$ 1,224,720$ 1,623,930$ 399,210$ Cont'd
Budgeted Amounts
CFD 2015-1 Dunes Fund

EXHIBIT A
144
City of Marina
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes and assessments
Charges for services
Investment earnings
Other revenue
Total Revenues

EXPENDITURES
Current:

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
-$ -$ -$ -$ - - - - 15,000 15,000 93,317 78,317 - - - - 15,000 15,000 93,317 78,317 150,000 150,000 - 150,000 - - - - - - - - - - - - - - - - - - - - 150,000 150,000 - 150,000 (135,000) (135,000) 93,317 228,317 60,093 60,093 60,093 - - - - - 60,093 60,093 60,093 - (74,907) (74,907) 153,410 228,317 1,841,483 1,841,483 1,841,483 - 1,766,576$ 1,766,576$ 1,994,893$ 228,317$ Cont'd
Budgeted Amounts
Housing Assistance Fund

EXHIBIT A
145
City of Marina
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes and assessments
Charges for services
Investment earnings
Other revenue
Total Revenues

EXPENDITURES
Current:

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
582,200$ 582,200$ 622,606$ 40,406$ - - - - 1,500 1,500 14,107 12,607 - - - - 583,700 583,700 636,713 53,013 - - - - - - - - - - - - - - - - 305,000 305,000 315,000 (10,000) 225,000 225,000 217,591 7,409 530,000 530,000 532,591 (2,591) 53,700 53,700 104,122 50,422 - - - - (14,855) (14,855) (14,855) - (14,855) (14,855) (14,855) - 38,845 38,845 89,267 50,422 473,627 473,627 473,627 - 512,472$ 512,472$ 562,894$ 50,422$ Cont'd
Budgeted Amounts
2015 GO Refunding Bonds Fund

EXHIBIT A
146
City of Marina
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes and assessments
Charges for services
Investment earnings
Other revenue
Total Revenues

EXPENDITURES
Current:

EXHIBIT A
147
City of Marina
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes and assessments
Charges for services
Investment earnings
Other revenue
Total Revenues

EXPENDITURES
Current:

EXHIBIT A
148
City of Marina
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes and assessments
Charges for services
Investment earnings
Other revenue
Total Revenues

EXPENDITURES
Current:

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
-$ -$ -$ -$ - - - - 100,000 100,000 626,279 526,279 - - - - 100,000 100,000 626,279 526,279 - - - - - - - - - - - - - - - - 320,000 320,000 235,000 85,000 457,325 457,325 545,325 (88,000) 777,325 777,325 780,325 (3,000) (677,325) (677,325) (154,046) 523,279 777,325 777,325 777,327 2 (8,680,000) (8,680,000) (2,696,592) 5,983,408 (7,902,675) (7,902,675) (1,919,265) 5,983,410 (8,580,000) (8,580,000) (2,073,311) 6,506,689 11,832,533 11,832,533 11,832,533 -
3,252,533$ 3,252,533$ 9,759,222$ 6,506,689$ Cont'd
Budgeted Amounts
Measure X Certificate of Participation Debt Service Fund

EXHIBIT A
149
City of Marina
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes and assessments
Charges for services
Investment earnings
Other revenue
Total Revenues

EXPENDITURES
Current:

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
-$ -$ -$ -$ - - - - 40,000 40,000 432,722 392,722 - - - - 40,000 40,000 432,722 392,722 - - - - - - - - - - - - 10,300,000 10,300,000 845,812 9,454,188 - - - - - - - - 10,300,000 10,300,000 845,812 9,454,188 (10,260,000) (10,260,000) (413,090) 9,846,910 10,300,000 10,300,000 4,316,592 (5,983,408) - - - - 10,300,000 10,300,000 4,316,592 (5,983,408) 40,000 40,000 3,903,502 3,863,502 4,715,547 4,715,547 4,715,547 - 4,755,547$ 4,755,547$ 8,619,049$ 3,863,502$ Cont'd
Budgeted Amounts
Measure X Road and Transportation Fund

EXHIBIT A
150
City of Marina
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes and assessments
Charges for services
Investment earnings
Other revenue
Total Revenues

EXPENDITURES
Current:

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
-$ -$ -$ -$ - - - - 10,000 10,000 120,844 110,844 - - - - 10,000 10,000 120,844 110,844 - - - - - - - - - - - - 2,015,000 2,015,000 576,477 1,438,523 - - - - - - - - 2,015,000 2,015,000 576,477 1,438,523 (2,005,000) (2,005,000) (455,633) 1,549,367 983,000 983,000 983,000 - - - - - 983,000 983,000 983,000 - (1,022,000) (1,022,000) 527,367 1,549,367 1,984,176 1,984,176 1,984,176 - 962,176$ 962,176$ 2,511,543$ 1,549,367$ Cont'd
Budgeted Amounts
Airport Capital Projects Fund

EXHIBIT A
151
City of Marina
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2024

REVENUES
Taxes and assessments
Charges for services
Investment earnings
Other revenue
Total Revenues

EXPENDITURES
Current:

EXHIBIT A
152

GENERAL FUND COMBINING SCHEDULES
The General Fund is the City's primary operating fund. This is the City's primary operating fund. It accounts for all financial resources of the general government, except those required to be accounted for in another fund. For the City, the general fund includes such activities as public safety, public ways and facilities, parks and recreation services, and economic development services.

EXHIBIT A
153
City of Marina
Combining Balance Sheet
General Fund
June 30, 2024
Vehicle & Groundwater
Equipment Litigation OPEB Pension Library Total
General Replacement Stabilization Obligation Stabilization Maintenance General Fund Fund Fund Fund Fund Fund Fund
ASSETS
Cash and investments 32,607,659$ 4,569,280$ 2,000,000$ 200,000$ 5,000,000$ 241,923$ 44,618,862$ Restricted cash and investments 476,943 - - - - - 476,943 Accounts receivable 4,824,352 - - - - - 4,824,352 Advances to other funds 33 - - - - - 33 Notes receivable 23,734 - - - - - 23,734 Leases receivable 1,531,023 - - - - - 1,531,023 Total assets 39,463,744$ 4,569,280$ 2,000,000$ 200,000$ 5,000,000$ 241,923$ 51,474,947$

LIABILITIES, DEFERRED INFLOWS

AND FUND BALANCES
Liabilities:

Accounts payable 1,397,415$ -$ -$ -$ -$ 675$ 1,398,090$ Accrued payroll and benefits 756,734 - - - - - 756,734 Deposits and other liabilities 660,525 - - - - - 660,525 Total liabilities 2,814,674 - - - - 675 2,815,349 Deferred Inflows of Resources:

Leases receivable 1,191,190 - - - - - 1,191,190 Unavailable revenues 274,434 - - - - - 274,434 Total deferred inflows of resources 1,465,624 - - - - - 1,465,624 Fund Balances:

Nonspendable 339,833 - - - - - 339,833 Restricted
Habitat Restoration 422,980 - - - - - 422,980 Opioid Settlements 53,963 - - - - - 53,963 FAA Military Airport Program 750,000 - - - - - 750,000 Committed
Emergency Reserve 6,819,483 - - - - - 6,819,483 Compensated Absences 400,000 - - - - - 400,000 Community Improvements 296,553 - - - - - 296,553 Fire Truck Purchase 1,889,888 - - - - - 1,889,888 Vehicle & Equipment Replacement - 4,569,280 - - - - 4,569,280 OPEB - - - 200,000 - - 200,000 Groundwater Litigation Stabilization - - 2,000,000 - - - 2,000,000 Pension Stabilization - - - - 5,000,000 - 5,000,000 Library Maintenance - - - - - 241,248 241,248 Unassigned 24,210,746 - - - - - 24,210,746 Total fund balances 35,183,446 4,569,280 2,000,000 200,000 5,000,000 241,248 47,193,974 Total liabilities, deferred inflows of
resources and fund balances 39,463,744$ 4,569,280$ 2,000,000$ 200,000$ 5,000,000$ 241,923$ 51,474,947$

EXHIBIT A
154
City of Marina
Combining Statement of Revenues, Expenditures
and Changes in Fund Balances
General Fund
For the Year Ended June 30, 2024
Vehicle & Groundwater
Equipment Litigation OPEB Pension Library Total
General Replacement Stabilization Obligation Stabilization Maintenance General Fund Fund Fund Fund Fund Fund Eliminations Fund

REVENUES
Taxes and assessments 29,695,777$ -$ -$ -$ -$ -$ -$ 29,695,777$ Licenses, permits and fees 937,002 - - - - - - 937,002 Fines and forfeitures 83,689 - - - - - - 83,689 Intergovernmental 1,018,726 - - - - - - 1,018,726 Charges for services 4,279,676 - - - - - - 4,279,676 Investment earnings 3,971,343 - - - - - - 3,971,343 Local contributions 86,451 - - - - - - 86,451 Other revenue 104,318 - - - - - - 104,318 Total Revenues 40,176,982 - - - - - - 40,176,982

EXPENDITURES
Current:

General government 10,279,834 30 - - - - - 10,279,864 Public safety 13,351,348 - - - - - - 13,351,348 Public works 2,000,958 - - - - - - 2,000,958 Economic & community development 3,899,022 - - - - 12,358 - 3,911,380 Recreation & cultural services 1,250,619 - - - - - - 1,250,619 Capital outlay 59,984 63,103 - - - - - 123,087 Debt service
Principal 126,334 248,680 - - - - - 375,014 Interest and fiscal charges 6,843 47,646 - - - - - 54,489 Total Expenditures 30,974,942 359,459 - - - 12,358 - 31,346,759 Excess (Deficiency) of
Revenues over Expenditures 9,202,040 (359,459) - - - (12,358) - 8,830,223

OTHER FINANCING SOURCES (USES)
Transfers in 133,337 750,000 2,000,000 - 2,000,000 - (4,750,000) 133,337 Transfers out (19,340,293) - - - - - 4,750,000 (14,590,293) Equipment leases - 60,596 - - - - - 60,596 Land sale 8,426,523 - - - - - - 8,426,523 Total Other Financing Sources (Uses) (10,780,433) 810,596 2,000,000 - 2,000,000 - - (5,969,837) Net Change in Fund Balances (1,578,393) 451,137 2,000,000 - 2,000,000 (12,358) - 2,860,386 Fund Balances Beginning 36,761,839 4,118,143 - 200,000 3,000,000 253,606 - 44,333,588 Fund Balances Ending 35,183,446$ 4,569,280$ 2,000,000$ 200,000$ 5,000,000$ 241,248$ -$ 47,193,974$

EXHIBIT A
155
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EXHIBIT A
156

STATISTICAL SECTION

EXHIBIT A
157
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EXHIBIT A
158
Contents Pages
Financial Trends
These tables contain trend information to help the reader understand how the City's financial performance and well-being have changed over time. 143-150 Revenue Capacity
These tables contain information to help the reader assess the city's most significant local revenue source, which is property tax. 151-158
Debt Capacit
y
These tables present information to help the reader assess the affordability of the city's current levels of outstanding debt and the city's ability to issue additional debt in the future. 159-163 Demo
graphic and Economic Information
These tables offer demographic and economic indicators to help the reader understand the environment in which the city's financial activities take place. 164-165 Operatin
g Information
These tables 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 166-168 Sources:

Unless otherwise noted, the information in these tables is derived from the annual comprehensive financial reports for the relevant
year.

STATISTICAL SECTION
(UNAUDITED)

EXHIBIT A
159
City of Marina TABLE 1
Net Position
Last Ten Fiscal Years
2015 2016 2017 2018 2019
Governmental activities:

Net investment in capital assets 22,196,868$ 61,460,494$ 64,902,023$ 74,531,326$ 74,955,690$ Restricted 8,194,764 6,559,194 9,355,317 12,369,283 14,377,743 Unrestricted 7,227,722 12,018,477 11,101,690 1,153,328 5,397,539 Total governmental activities net position 37,619,354$ 80,038,165$ 85,359,030$ 88,053,937$ 94,730,972$ Business-type activities:

Net investment in capital assets 43,324,510$ 42,332,248$ 42,448,410$ 41,999,782$ 41,393,300$ Unrestricted 5,561,505 7,457,704 7,987,512 8,317,449 10,759,921 Total business-type activities net position 48,886,015$ 49,789,952$ 50,435,922$ 50,317,231$ 52,153,221$ Primary government:

Net investment in capital assets 65,521,378$ 103,792,742$ 107,350,433$ 116,531,108$ 116,348,990$ Restricted 8,194,764 6,559,194 9,355,317 12,369,283 14,377,743 Unrestricted 12,789,227 19,476,181 19,089,202 9,470,777 16,157,460 Total primary government net position 86,505,369$ 129,828,117$ 135,794,952$ 138,371,168$ 146,884,193$ Continued
Fiscal Year

EXHIBIT A
160
City of Marina TABLE 1
Net Position
Last Ten Fiscal Years
2020 2021 2022 2023 2024
Governmental activities:

Net investment in capital assets 76,644,586$ 77,649,251$ 78,193,840$ 71,602,733$ 94,549,610$ Restricted 32,932,269 36,675,399 49,490,708 67,645,647 65,889,151 Unrestricted 8,141,549 10,374,278 41,188,811 49,112,851 62,542,869 Total governmental activities net position 117,718,404$ 124,698,928$ 168,873,359$ 188,361,231$ 222,981,630$ Business-type activities:

Net investment in capital assets 42,711,663$ 41,902,328$ 41,330,576$ 40,047,291$ 38,899,629$ Unrestricted 11,561,226 13,231,995 14,596,097 17,250,971 18,902,544 Total business-type activities net position 54,272,889$ 55,134,323$ 55,926,673$ 57,298,262$ 57,802,173$ Primary government:

Net investment in capital assets 119,356,249$ 119,551,579$ 119,524,416$ 111,650,024$ 133,449,239$ Restricted 32,932,269 36,675,399 49,490,708 67,645,647 65,889,151 Unrestricted 19,702,775 23,606,273 55,784,908 66,363,822 81,445,413 Total primary government net position 171,991,293$ 179,833,251$ 224,800,032$ 245,659,493$ 280,783,803$ Concluded
Notes:

Source: City of Marina Audited Financial Statements
In Fiscal 2015/16, the City acquired two significant capital assets; Preston Park Housing Project $35.1 million and Dunes infrastructure $2.9 million
Fiscal Year
$-
$50
$100
$150
$200
$250
$300
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Millions
Total Primary Government Net Position

EXHIBIT A
161
City of Marina TABLE 2
Changes in Net Position
Last Ten Fiscal Years
2015 2016 2017 2018 2019
Expenses
Governmental activities:

General government 2,984,155$ 3,480,230$ 4,692,664$ 5,513,745$ 5,858,902$ Public safety 10,128,248 9,854,516 11,351,326 10,668,593 10,604,157 Public works 2,887,311 1,873,600 1,908,465 1,915,307 2,216,656 Economic & Community Development 1,424,974 2,441,492 1,927,976 2,259,928 2,803,220 Recreation & cultural services 1,069,775 1,179,699 1,173,364 1,197,500 1,169,832 Public Inprovements 896,127 1,505,639 1,689,946 1,883,898 2,177,696 Interest and fiscal charges 1,407,245 796,761 667,627 553,256 558,500 Total governmental activities expenses 20,797,835 21,131,937 23,411,368 23,992,227 25,388,963 Business-type activities:

Airport 1,901,134 1,578,540 1,608,413 1,702,082 1,485,600 Preston Park Housing - 3,940,705 6,435,459 6,622,148 2,594,187 Abrams-B Housing 2,606,945 3,224,211 3,106,604 3,394,698 5,974,685 Total business-type activities expenses 4,508,079 8,743,456 11,150,476 11,718,928 10,054,472 Total primary government expenses 25,305,914$ 29,875,393$ 34,561,844$ 35,711,155$ 35,443,435$ Program Revenues
Governmental activities:

Charges for services & program revenues:

General government 573,764$ 2,494,834$ 2,499,202$ 3,932,540$ 4,020,638$ Public safety 603,046 786,543 733,781 909,599 218,953 Public works 1,751,989 - 599 440 - Economic & Community Development 2,898,550 1,252,538 1,685,111 1,473,747 1,430,281 Recreation & cultural services 178,301 81,713 77,361 94,627 92,731 Public Inprovements 1,056,078 1,929,360 2,306,877 2,295,007 1,776,845 Debt Service 1,215,804 - - - - Operating grants and contributions 438,044 380,876 - 397,385 846,776 Capital grants and contributions 2,286,975 4,585,380 - 1,197,861 1,517,506 Total governmental activities program revenues 11,002,551 11,511,244 7,302,931 10,301,206 9,903,730 Business-type activities:

Charges for services:

Airport 1,235,090 1,135,525 1,157,167 1,078,147 1,331,552 Preston Park Housing - 4,934,125 6,328,162 6,469,476 3,455,449 Abrams-B Housing 3,058,722 3,197,353 3,264,067 3,324,176 6,687,941 Operating grants and contributions - 10,000 390,351 10,000 - Capital grants and contributions - - 3,986,805 696,860 - Total business-type activities program revenues 4,293,812 9,277,003 15,126,552 11,578,659 11,474,942 Total primary government program revenues 15,296,363 20,788,247 22,429,483 21,879,865 21,378,672 Net (expense)/revenue:

Governmental activities (9,795,284) (9,620,693) (16,108,437) (13,691,021) (15,485,233) Business-type activities (214,267) 533,547 3,976,076 (140,269) 1,420,470 Total primary government net (expense)/revenue (10,009,551)$ (9,087,146)$ (12,132,361)$ (13,831,290)$ (14,064,763)$ General Revenues and Other Changes in Net Position
Governmental activities:

Taxes
Property taxes 5,109,408$ 2,719,013$ 3,018,698$ 3,261,967$ 3,796,881$ Sales and use taxes 4,849,207 5,210,921 5,366,144 5,929,585 6,862,925 Franchise taxes 823,764 1,007,012 1,084,574 1,173,881 1,976,778 Transient occupancy taxes 2,395,263 2,549,531 2,680,928 3,297,828 4,008,179 Gas taxes - - - - - Motor vehicle taxes - 2,685,134 2,934,743 3,252,508 3,649,318 Other taxes - - - - - Grants not restricted to a program - - - - - Investment earnings 28,416 75,584 149,622 402,805 613,259 Transfers, Miscellaneous & One-time revenues 1,423,896 730,262 1,817,437 2,466,111 1,254,928 Special items - 37,062,047 - (3,398,757) - Total governmental activities 14,629,954 52,039,504 17,052,146 16,385,928 22,162,268 Business-type activities:

Other revenue - - - - - Investment earnings 5,653 6,954 10,824 21,578 76,494 Contributed capital assets 1,036,227 - 324,720 Transfers In(Out) Net - - - - 14,306 Total business-type activities 5,653 6,954 1,047,051 21,578 415,520 Total primary government 14,635,607$ 52,046,458$ 18,099,197$ 16,407,506$ 22,577,788$ Change in Net Position
Governmental activities 4,834,670$ 42,418,811$ 943,709$ 2,694,907$ 6,677,035$ Business-type activities (208,614) 540,501 5,023,127 (118,691) 1,835,990 Total primary government 4,626,056$ 42,959,312$ 5,966,836$ 2,576,216$ 8,513,025$ Continued
Source: City of Marina Audited Financial Statements

EXHIBIT A
162
City of Marina
Changes in Net Position
Last Ten Fiscal Years
Expenses
Governmental activities:

General government
Public safety
Public works
Economic & Community Development
Recreation & cultural services
Public Inprovements
Interest and fiscal charges
Total governmental activities expenses
Business-type activities:

Airport
Preston Park Housing
Abrams-B Housing
Total business-type activities expenses
Total primary government expenses
Program Revenues
Governmental activities:

Charges for services & program revenues:

General government
Public safety
Public works
Economic & Community Development
Recreation & cultural services
Public Inprovements
Debt Service
Operating grants and contributions
Capital grants and contributions
Total governmental activities program revenues
Business-type activities:

Charges for services:

Airport
Preston Park Housing
Abrams-B Housing
Operating grants and contributions
Capital grants and contributions
Total business-type activities program revenues
Total primary government program revenues
Net (expense)/revenue:

Governmental activities
Business-type activities
Total primary government net (expense)/revenue
General Revenues and Other Changes in Net Position
Governmental activities:

Taxes
Property taxes
Sales and use taxes
Franchise taxes
Transient occupancy taxes
Gas taxes
Motor vehicle taxes
Other taxes
Grants not restricted to a program
Investment earnings
Transfers, Miscellaneous & One-time revenues
Special items
Total governmental activities
Business-type activities:

Other revenue
Investment earnings
Contributed capital assets
Transfers In(Out) Net
Total business-type activities
Total primary government
Change in Net Position
Governmental activities
Business-type activities
Total primary government
Source: City of Marina Audited Financial Statements
TABLE 2
2020 2021 2022 2023 2024
7,628,497$ 8,897,835$ 8,136,329$ 10,144,291$ 11,417,692$ 14,422,863 13,666,296 14,228,442 14,912,300 15,514,681 2,689,673 2,405,492 2,132,980 2,244,348 2,890,198 3,956,676 5,247,962 4,980,771 10,030,796 7,259,041 1,244,526 940,929 1,050,440 974,459 1,640,425 - - - - - 591,768 639,390 561,904 1,487,548 1,037,825 30,534,003 31,797,904 31,090,866 39,793,742 39,759,862 1,653,799 1,892,873 1,968,765 2,023,224 2,125,687 6,083,395 6,317,011 7,304,452 6,687,201 7,091,193 4,128,113 3,167,489 2,989,874 2,999,833 3,415,387 11,865,307 11,377,373 12,263,091 11,710,258 12,632,267 42,399,310$ 43,175,277$ 43,353,957$ 51,504,000$ 52,392,129$ 4,232,396$ 3,763,108$ 3,932,646$ 4,967,751$ 2,887,852$ 196,284 289,185 359,321 356,363 331,306 - - - - - 3,801,226 6,584,030 20,970,137 13,214,227 11,914,948 172,209 81,644 128,622 118,473 160,462 - - - - - - - - - - 1,018,974 1,788,253 5,145,614 3,288,535 958,727 11,212,794 383,039 8,178,443 3,020,487 7,406,021 20,633,883 12,889,259 38,714,783 24,965,836 23,659,316 1,340,046 1,790,543 1,805,219 2,154,934 1,814,540 6,843,782 7,058,160 7,190,772 7,388,417 7,555,990 3,495,394 3,477,132 3,662,562 3,779,079 3,748,785 - - - - - 2,530,886 462,750 669,523 489,473 41,671 14,210,108 12,788,585 13,328,076 13,811,903 13,160,986 34,843,991 25,677,844 52,042,859 38,777,739 36,820,302 (9,900,120) (18,908,645) 7,623,917 (14,827,906) (16,100,546) 2,344,801 1,411,212 1,064,985 2,101,645 528,719 (7,555,319)$ (17,497,433)$ 8,688,902$ (12,726,261)$ (15,571,827)$ 3,724,035$ 3,919,415$ 4,502,513$ 5,182,526$ 5,585,707$ 8,420,971 9,640,663 11,207,575 11,111,996 11,027,617 1,225,160 1,238,550 1,379,811 1,349,123 1,348,548 3,472,430 3,501,246 4,631,337 4,584,644 5,527,793 946,422 986,884 946,041 1,015,025 1,141,202 4,012,763 4,360,659 4,756,478 5,241,930 5,765,438 142,225 101,780 211,466 567,023 2,525,437 2,149,827 139,197 69,807 254,442 - 973,856 679,275 319,032 2,881,166 7,363,190 1,536,863 1,597,893 1,423,504 2,127,903 2,009,490 6,283,000 - 6,323,477 - 8,426,523 32,887,552 26,165,562 35,771,041 34,315,778 50,720,945 274,299 226,507 252,874 232,584 123,656 87,568 55,758 171,877 367,665 746,044 - - - - - (587,000) (832,043) (864,575) (1,330,305) (894,508) (225,133) (549,778) (439,824) (730,056) (24,808) 32,662,419$ 25,615,784$ 35,331,217$ 33,585,722$ 50,696,137$ 22,987,432$ 7,256,917$ 43,394,958$ 19,487,872$ 34,620,399$ 2,119,668 861,434 625,161 1,371,589 503,911 25,107,100$ 8,118,351$ 44,020,119$ 20,859,461$ 35,124,310$ Continued

EXHIBIT A
163
City of Marina TABLE 3
Fund Balances of Governmental Funds
Last Ten Fiscal Years
2015 2016 2017 2018 2019
General Fund
Nonspendable 715,669$ 543,713$ 530,713$ 530,713$ -$ Restricted 396,081 446,329 211,371 511,371 239,497 Committed 603,705 570,730 7,027,012 7,367,012 9,644,438 Unassigned 6,142,694 6,340,666 1,318,952 4,157,087 7,549,288 Total General Fund 7,858,149$ 7,901,438$ 9,088,048$ 12,566,183$ 17,433,223$ All other governmental funds
Restricted -
Recreation & Social Service Programs 437,778$ 396,963$ 456,117$ 529,410$ 603,788$ Transportation and Streets - - - - - Economic & Community Development 6,742,282 5,094,894 8,270,438 10,318,250 13,121,425 Capital Improvements & Maintenance 15,068 59,329 256,727 950,955 1,500,191 Debt service 603,555 561,680 859,522 884,213 889,834 Committed 4,935,756 8,159,831 5,411,834 6,617,787 5,960,566 Unassigned - - - - (376) Total all other governmental funds 12,734,439$ 14,272,697$ 15,254,638$ 19,300,615$ 22,075,428$ Fund Balance - All Governmental Funds 20,592,588$ 22,174,135$ 24,342,686$ 31,866,798$ 39,508,651$ Continued
Source: City of Marina audited financial statements

EXHIBIT A
164
City of Marina
Fund Balances of Governmental Funds
Last Ten Fiscal Years
General Fund
Nonspendable
Restricted
Committed
Unassigned
Total General Fund
All other governmental funds
Restricted
Recreation & Social Service Programs
Transportation and Streets
Economic & Community Development
Capital Improvements & Maintenance
Debt service
Committed
Unassigned
Total all other governmental funds
Fund Balance - All Governmental Funds
Source: City of Marina audited financial statements
TABLE 3
2020 2021 2022 2023 2024
-$ -$ 403,700$ 309,169$ 339,833$ 595,729 235,609 241,408 235,038 1,466,436 10,597,489 11,457,490 13,498,251 15,080,252 21,416,452 13,313,018 15,435,737 18,522,687 28,709,129 23,971,253 24,506,236$ 27,128,836$ 32,666,046$ 44,333,588$ 47,193,974$ 641,522$ 263,153$ 309,681$ 364,363$ 436,909$ 1,655,668 2,130,397 2,449,778 2,918,571 3,472,678 25,464,987 28,452,169 41,488,214 47,465,962 45,800,556 3,613,719 4,639,733 8,340,525 6,700,604 14,581,744 960,644 954,338 925,612 12,733,230 10,781,911 6,966,622 8,522,887 29,502,879 27,337,841 42,906,186 (1,561) (2,296) (276) (477) (157) 39,301,601$ 44,960,381$ 83,016,413$ 97,520,094$ 117,979,827$ 63,807,837$ 72,089,217$ 115,682,459$ 141,853,682$ 165,173,801$ Concluded

EXHIBIT A
165
City of Marina TABLE 4
Last Ten Fiscal Years
(i) (ii)
2015 2016 2017 2018 2019
Revenues
Taxes & assessments 13,859,210$ 14,776,278$ 15,622,866$ 17,513,555$ 21,359,063$ Licenses, Permits & Fees 515,123 545,288 672,613 2,127,179 2,346,192 Fines and penalties 194,540 144,598 146,415 106,116 102,543 Intergovernmental revenues - 2,649,113 3,224,446 2,252,459 2,069,412 Charges for services 9,732,507 5,315,358 5,203,312 6,074,165 5,136,602 Investment Earnings 41,926 75,584 149,622 402,532 613,259 Local contributions - - - - - Other revenues 1,242,920 39,664,858 2,893,492 1,169,157 839,396 Total revenues 25,586,226 63,171,077 27,912,766 29,645,163 32,466,467 Expenditures
General government 2,512,974 2,765,874 3,350,106 4,334,089 4,664,354 Public safety 10,551,880 10,425,058 10,581,491 10,127,912 10,300,132 Public works 2,906,689 1,784,937 1,798,782 1,821,925 1,868,424 Economic & community development 1,448,506 2,441,977 1,923,875 2,254,588 2,641,074 Recreation & cultural services 895,100 964,613 950,754 1,002,449 994,789 Public improvements/capital outlay 2,722,948 41,314,503 6,281,854 2,042,472 3,678,333 Debt Service
Principal 661,757 1,284,007 889,686 625,200 765,000 Interest and fiscal charges 1,063,563 734,155 719,354 641,193 561,358 Total expenditures 22,763,417 61,715,124 26,495,902 22,849,828 25,473,464 Excess of revenues over(under) expenditures 2,822,809 1,455,953 1,416,864 6,795,335 6,993,003 Other financing sources (uses)
Transfers in 3,149,165 4,669,312 2,156,862 1,312,011 4,298,165 Transfers out (3,017,733) (4,543,717) (1,405,176) (583,234) (4,312,471) Sale of capital assets - - - - - Issuance of long-term debt (401,716) - - - 663,156 Total other financing sources (uses) (270,284) 125,595 751,686 728,777 648,850 Net change in fund balances 2,552,525 1,581,548 2,168,550 7,524,112 7,641,853 Beginning Fund Balances 18,290,915 20,592,588 22,174,136 24,342,686 31,866,798 Prior-period adjustment (250,852) - - - - Ending Fund Balances 20,592,588$ 22,174,136$ 24,342,686$ 31,866,798$ 39,508,651$ Continued
Source: City of Marina Audited Financial Statements
Changes in Fund Balances of Governmental Funds
(ii) - During fiscal 2016/17 The City recorded a one-time revenue of almost $2 from donation of infrastructure at the Dunes development. In addition, significant extraordinary grants for capital improvements were received.
(i) - during FY 2015/2016 the City recorded a one-time revenue resulting from sale of a 50- year leasehold interest in the Preston Park Housing development to the Preston Park Corporation. An extraordinay capital outlay cost was recorded for the acquisition of that asset.In addition, the developer of the former University Villages donated almost $3 Million infrastructure which was recognized as one-time revenue. Other one-time capital asset-related revenues totalled $1.3 Million.

EXHIBIT A
166
City of Marina
Last Ten Fiscal Years
Revenues
Taxes & assessments
Licenses, Permits & Fees
Fines and penalties
Intergovernmental revenues
Charges for services
Investment Earnings
Local contributions
Other revenues
Total revenues
Expenditures
General government
Public safety
Public works
Economic & community development
Recreation & cultural services
Public improvements/capital outlay
Debt Service
Principal
Interest and fiscal charges
Total expenditures
Excess of revenues over(under) expenditures
Other financing sources (uses)
Transfers in
Transfers out
Sale of capital assets
Issuance of long-term debt
Total other financing sources (uses)
Net change in fund balances
Beginning Fund Balances
Prior-period adjustment
Ending Fund Balances
Source: City of Marina Audited Financial Statements
Changes in Fund Balances of Governmental Funds
TABLE 4
2020 2021 2022 2023 2024
21,944,005$ 23,749,197$ 27,906,373$ 29,052,266$ 32,921,745$ 1,962,170 2,446,456 10,878,675 7,382,359 5,120,288 60,958 95,186 109,348 100,419 83,689 15,455,706 2,530,786 5,759,109 4,282,955 7,680,204 6,378,832 8,064,882 14,357,935 11,010,300 10,029,890 973,856 679,275 319,032 2,881,166 7,363,190 - - 7,500,523 2,764,985 1,120,645 979,403 1,224,019 1,079,380 961,336 1,255,937 47,754,930 38,789,801 67,910,375 58,435,786 65,575,588 5,310,952 6,690,092 7,003,641 9,273,919 10,279,864 11,281,745 12,046,544 12,800,633 13,228,179 13,351,348 2,109,907 2,206,588 1,935,452 2,085,003 2,575,811 2,439,900 4,052,730 3,694,361 8,441,084 6,094,068 950,128 812,409 926,437 865,526 1,257,871 6,850,668 3,994,336 4,200,899 8,582,716 15,591,810 809,692 888,516 991,695 1,600,664 1,400,014 572,752 649,249 572,916 1,357,192 1,086,310 30,325,744 31,340,464 32,126,034 45,434,283 51,637,096 17,429,186 7,449,337 35,784,341 13,001,503 13,938,492 6,421,672 5,821,845 22,344,337 13,794,033 32,226,207 (5,834,672) (4,989,802) (21,479,762) (12,463,728) (31,331,699) 6,283,000 - 6,323,477 - 8,426,523 - - 275,212 11,839,415 60,596 6,870,000 832,043 7,463,264 13,169,720 9,381,627 24,299,186 8,281,380 43,247,605 26,171,223 23,320,119 39,508,651 63,807,837 72,089,217 115,682,459 141,853,682 - - 345,637 - - 63,807,837$ 72,089,217$ 115,682,459$ 141,853,682$ 165,173,801$ Concluded

EXHIBIT A
167
City of Marina TABLE 5
General Fund Tax Revenues
Last Ten Fiscal Years
Franchise & Transient Motor Vehicle.

Property Sales Cardroom Occupancy In-Lieu Total
2,045,073$ 4,849,207 $ 823,764 $ 2,395,263 $ 2,555,616 $ 12,668,923 $ 2,252,005 5,210,921 1,037,816 2,549,531 2,685,134 13,735,407 2,462,394 5,288,097 983,741 2,680,927 2,934,017 14,349,176 2,616,657 5,847,182 1,057,654 3,297,828 3,252,508 16,071,829 3,079,361 6,862,925 1,259,574 4,008,180 3,649,318 18,859,358 3,044,638 7,740,865 1,249,755 3,472,431 4,012,763 19,520,452 3,111,184 8,793,254 1,221,904 3,501,246 4,360,659 20,988,247 3,790,110 10,365,252 1,591,277 4,631,337 4,756,478 25,134,454 4,271,735 10,110,214 1,801,654 4,584,644 5,241,930 26,010,177 4,606,834 10,027,067 3,768,645 5,527,793 5,765,438 29,695,777 Source: City of Marina Financial Statements
2016
2017
2023
2018
2019
Fiscal Year
Ended
June 30,
2015
2020
2021
2022
2024
$-
$5
$10
$15
$20
$25
$30
$35
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Millions
Year
General Fund Tax Revenue by Fiscal Year

EXHIBIT A
168
City of Marina TABLE 6
General Fund Revenues
Last Ten Fiscal Years
Fiscal Year Ended
June 30, Taxes
Licenses, Permits
& Fees
Fines, Penalties
and Forfeitures
Chrg for Svcs
Grants & Program
Income
Investment
Earnings Other Total *
2015 12,668,923 $ 515,123 $ 194,540 $ 4,016,197 $ 26,961 $ 236,379 $ 17,658,123 $ 2016 ** 13,735,407 545,288 144,598 4,311,415 41,376 145,502 18,923,586 2017 *** 14,349,176 672,613 146,415 3,719,176 96,574 429,215 19,413,169 2018 16,071,829 2,127,179 106,116 3,455,823 242,670 1,531,133 23,534,750 2019 18,859,358 2,346,192 102,543 3,313,868 334,220 881,440 25,837,621 2020 19,502,452 1,962,170 60,957 4,045,957 552,780 1,445,811 27,570,127 2021 20,988,247 2,446,456 95,186 5,429,334 323,971 466,679 29,749,873 2022 25,134,454 2,721,385 109,348 5,861,947 164,114 349,519 34,340,767 2023 26,010,177 4,383,208 100,419 5,493,721 1,350,285 223,294 37,561,104 2024 29,695,777 937,002 83,689 5,298,402 3,971,343 190,775 40,176,988 Source: City of Marina Financial Statements
* Excludes transfers in from other funds
** Other excludes $37.9 million non-cash capital assets transactions for consistency *** Other excludes $1.6 million non-cash capital assets transactions for consistency $-
$5
$10
$15
$20
$25
$30
$35
$40
$45Millions
Total General Fund Revenue by Fiscal Year

EXHIBIT A
169
City of Marina TABLE 7
All Governmental Funds Revenues
Last Ten Fiscal Years
Fiscal Year
Ended
June 30,
Taxes &
Assessments
Licenses,
Permits & Fees
Fines, Penalties
and Forfeitures
Intergov't
Revenues
Chrg for
Services
Investment
Earnings Other Total *
2015 13,859,210$ 515,123$ 194,540$ -$ 9,732,507$ 41,926$ 1,242,920$ 25,586,226$ 2016 ** 14,776,278 545,288 144,598 2,649,113 5,315,358 75,584 1,751,986 25,258,205 2017 *** 15,622,866 672,613 146,415 3,224,446 5,203,312 149,622 546,503 25,565,777 2018 17,513,555 2,127,179 106,116 2,252,459 6,074,165 402,532 3,421,616 31,897,622 2019 **** 21,359,063 2,346,192 102,543 2,069,412 5,136,602 613,259 2,908,808 34,535,879 2020 21,944,005 1,962,170 60,958 15,455,706 6,378,832 973,856 979,403 47,754,930 2021 23,749,197 2,446,456 95,186 2,530,786 8,064,882 679,275 1,224,019 38,789,801 2022 27,906,373 10,878,675 109,348 5,759,109 14,357,935 319,032 8,579,903 67,910,375 2023 29,052,266 7,382,359 100,419 4,282,955 11,010,300 2,881,166 3,726,321 58,435,786 2024 32,921,745 5,120,288 83,689 7,680,204 10,029,890 7,363,190 2,376,582 65,575,588 Source: City of Marina Financial Statements
* E
xcludes interfund transfers in
** Other excludes $37.9 million non-cash capital lease transactions for consistency *** Other excludes $1.6 million non-cash capital assets transactions for consistency **** Other excludes $.66 million non-cash lease transaction for consistency $-
$10
$20
$30
$40
$50
$60
$70
$80Millions
Total Governmental Funds Revenue by Fiscal Year

EXHIBIT A
170
City of Marina
City-Wide Net Assessed Taxable Value of Property by Category (1) Table 8 Last Ten Fiscal Years
Fiscal
Year
Ended
June 30,
Residential
Property
Commercial
Property
Other
Property
Total Secured
Property
Unsecured
Property
Net Assessed
Taxable
Value
Total
Direct Tax
Rate (2)
2015 1,087,360,592$ 255,302,350$ 173,150,668$ 1,515,813,610 58,325,346$ 1,574,138,956$ 0.1827 2016 1,136,409,850 262,253,554 197,061,639 1,595,725,043 60,055,774 1,655,780,817 0.1724 2017 1,288,383,516 283,283,667 176,181,865 1,747,849,048 68,005,667 1,815,854,715 0.1732 2018 1,357,236,335 328,996,908 182,966,663 1,869,199,906 68,051,914 1,937,251,820 0.1717 2019 1,534,763,376 365,013,646 214,926,299 2,114,703,321 64,282,886 2,178,986,207 0.1733 2020 1,726,084,925 365,338,313 235,741,202 2,327,164,440 73,146,560 2,400,311,000 0.1697 2021 1,925,604,506 388,937,035 225,250,080 2,539,791,621 74,243,355 2,614,034,976 0.1723 2022 2,060,649,760 395,340,083 304,310,101 2,760,299,944 92,871,390 2,853,171,334 0.1668 2023 2,357,478,482 402,041,644 281,182,353 3,040,702,479 113,209,406 3,153,911,885 0.1675 2024 2,710,431,354 426,084,080 279,857,768 3,416,373,202 134,090,219 3,550,463,421 0.1676

of the 1% County levy in the amount of 0.1501%. See table 9 for additional information.

Source: Monterey County Assessor Combined Tax Rolls; and HdL, Coren & Cone (2) Total direct tax rate is represented by TRA 12-004. This rate includes voter-approved bonded debt of .0175% and the City's share (1) References all tax rates within the City, including the General Fund and RDA. The General Fund allocation is provided in Table 10. $0.0
$0.5
$1.0
$1.5
$2.0
$2.5
$3.0
$3.5
$4.0
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Billions
Taxable Assessed
Value

EXHIBIT A
171
City of Marina TABLE 9
Direct and Overlapping Property Tax Rates
Last Ten Fiscal Years
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Basic City and County Levy
Monterey County-Wide 0.13910 0.13910 0.13910 0.13910 0.13910 0.13910 0.13910 0.13910 0.13910 0.13910 County Library 0.02272 0.02272 0.02272 0.02272 0.02272 0.02272 0.02272 0.02272 0.02272 0.02272 City of Marina 0.15010 0.15010 0.15010 0.15010 0.15010 0.15010 0.15010 0.15010 0.15010 0.15010 Monterey County Office of Education 0.02666 0.02666 0.02666 0.02666 0.02666 0.02666 0.02666 0.02666 0.02666 0.02666 Monterey Pen Unified School District 0.43798 0.43798 0.43798 0.43798 0.43798 0.43798 0.43798 0.43798 0.43798 0.43798 Monterey Pen College 0.04730 0.04730 0.04730 0.04730 0.04730 0.04730 0.04730 0.04730 0.04730 0.04730 MCWRA Dist 0.00139 0.00139 0.00139 0.00139 0.00139 0.00139 0.00139 0.00139 0.00139 0.00139 Monterey Regional Park Dist 0.01159 0.01159 0.01159 0.01159 0.01159 0.01159 0.01159 0.01159 0.01159 0.01159 North Salinas Valley Mosquito Abatement 0.00835 0.00835 0.00835 0.00835 0.00835 0.00835 0.00835 0.00835 0.00835 0.00835 Moss Landing Harbor Dist 0.00209 0.00209 0.00209 0.00209 0.00209 0.00209 0.00209 0.00209 0.00209 0.00209 Educational Revenue Aug. Fund (ERAF)(3)

0.15272 0.15272 0.15272 0.15272 0.15272 0.15272 0.15272 0.15272 0.15272 0.15272 Total 1% 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 Overlapping Assessment
City of Marina debt service 0.00460 - - - - - - - - - Marina Library 2002 Election Series 2005 0.02796 - - - - - - - - - MPCCD 2013 Refund (1) 0.03247 0.02304 - - - - - - - - MPUSD 2010 Ser A, 2012 Election (2) 0.02277 - - - - - - - - - Marina 2015 GO Refunding Bonds - 0.02235 0.02307 0.02161 0.02320 0.01964 0.02218 0.01674 0.01742 0.01748 MPCCD 2002 B,C; 2013 Ref A,B; 2016 Ref (1) - - 0.02234 0.02166 0.02119 0.02048 0.02017 0.03201 0.03034 0.02887 MPUSD 2010 Series A,B (2) - 0.03000 0.03000 0.02890 0.09196 0.11707 0.04145 0.06042 0.05654 0.05162 Total Overlapping Rate 0.08781 0.07539 0.07540 0.07217 0.13634 0.15720 0.08380 0.10917 0.10430 0.09797 Total Tax Rate 1.08781 1.07539 1.07541 1.07217 1.13635 1.15720 1.08380 1.10917 1.10430 1.09797 City share of 1% tax levy (3)

0.1501 0.1501 0.1501 0.1501 0.1501 0.1501 0.1501 0.1501 0.1501 0.1501 Voter approved City Debt Rate 0.0326 0.0223 0.0231 0.0216 0.0232 0.0196 0.0222 0.0167 0.0174 0.0175 Total Direct Rate 0.1827 0.1724 0.1732 0.1717 0.1733 0.1697 0.1723 0.1668 0.1675 0.1676

Notes:
(1) Monterey Peninsula Community College District (MPCCD) (2) Monterey Peninsula Unified Schoold District (MPUSD) (3) This amount includes the City of Marina's share of the Educational Revenue Augmentation Funds (ERAF) in the amount of 0.04558; and the County of Monterey at 0.10714. The City does not receive the ERAF funds.

Source: County Auditor/Controller data; and MuniServices, LLC /Avenu Insights & Analytics; and HdL, Coren & Cone TRA 12-004 is represented for this report
Fiscal Year Ended June 30,

EXHIBIT A
172
City of Marina TABLE 10
Allocation of City-Wide Net Assessed Property Tax Values Last Ten Fiscal Years
Combined
Fiscal
Year
Ended
June 30,
Assessed
Value
Reduced by
Base Year
(BY) Value
Successor
Agency
Incremental AV
General Fund
Assessed Value
Add Successor
Agency Base
Year AV
General Fund
AV and BY
Value
Total City Net
Assessed Value
2015 380,508,296$ 39,738,135$ 340,770,161$ 1,193,630,660$ 39,738,135$ 1,233,368,795$ 1,574,138,956$ 2016 400,548,045 39,738,135 360,809,910 1,255,232,772 39,738,135 1,294,970,907 1,655,780,817 2017 501,133,467 39,738,135 461,395,332 1,314,721,248 39,738,135 1,354,459,383 1,815,854,715 2018 546,452,570 39,738,135 506,714,435 1,390,799,250 39,738,135 1,430,537,385 1,937,251,820 2019 688,531,479 39,738,135 648,793,344 1,490,454,728 39,738,135 1,530,192,863 2,178,986,207 2020 831,012,283 39,738,135 791,274,148 1,569,298,717 39,738,135 1,609,036,852 2,400,311,000 2021 952,072,669 39,738,135 912,334,534 1,661,962,307 39,738,135 1,701,700,442 2,614,034,976 2022 1,129,358,534 39,738,135 1,089,620,399 1,723,812,800 39,738,135 1,763,550,935 2,853,171,334 2023 1,327,206,567 39,738,135 1,287,468,432 1,826,705,318 39,738,135 1,866,443,453 3,153,911,885 2024 1,623,336,691 39,738,135 1,583,598,556 1,927,126,730 39,738,135 1,966,864,865 3,550,463,421 Sources: Monterey County Assessor Combined Tax Rolls; and HdL, Coren & Cone Successor Agency Net Assessed Value (AV) General Fund Net Assessed Value $0.0
$0.5
$1.0
$1.5
$2.0
$2.5
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Billions
Net Assessed Values
General Fund and Successor Agency
Successor Agency Incremental AV General Fund AV and BY Value

EXHIBIT A
173
City of Marina TABLE 11
General Fund Property Tax Levies and Collections
Last Ten Fiscal Years
Collected within the Fiscal Year of Levy
Percent Supplemental Delinquent
Total Tax Current Tax of Levy Tax Tax Total
Levy1 Collections 2 Collected Collections 3 Collections 4 Collections 1,846,555 1,862,869 100.9% 38,577 26,224 1,927,670 1,938,783 1,916,414 98.8% 97,657 31,520 2,045,591 2,027,847 2,000,354 98.6% 98,343 29,248 2,127,945 2,141,749 2,118,463 98.9% 110,699 26,704 2,255,866 2,290,949 2,256,347 98.5% 129,421 33,321 2,419,089 2,408,991 2,353,299 97.7% 110,395 24,840 2,488,534 2,547,724 2,537,148 99.6% 137,913 33,337 2,708,398 2,640,324 2,616,373 99.1% 168,171 32,616 2,817,160 2,794,371 2,776,555 99.4% 193,072 21,930 2,991,557 2,944,718 2,910,305 98.8% 202,314 48,023 3,160,642 Notes:
(1)
(2)
(3)
(4)
Sources: County of Monterey Assessor Combined Tax Rolls; and HdL, Coren & Cone; and City of Marina Finance Department 2015
Includes supplemental tax assessments.

Fiscal
Year
Ended
June 30
The Monterey County Auditor-Controller's Office does not provide the total levy. This amount is calculated referencing the assessed values of properties and the weighted values of the tax rate established for the General Fund and the Successor Agency base values. The weighted percentage is 0.1497%.

This represents the secured and unsecured current year property tax receipts that correspond to the property tax valuations.

This excludes FORA and Successory Agency surplus property tax receipts and CSUMB property tax receipts.

The amounts listed in this column represent prior year secured, prior year secured, unsecured, and unitary taxes. 2016
2017
2018
2019
2020
2021
2022
2023
2024
$0.0
$0.5
$1.0
$1.5
$2.0
$2.5
$3.0
$3.5
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Millions
General Fund
Property Tax Collections

EXHIBIT A
174
City of Marina TABLE 12
City-Wide Principal Property Tax Payers
Last Fiscal Year and Seven Years Ago (1)
Taxpayer Taxable Value
% of Total City
Taxable Value Taxable Value
% of Total City
Taxable Value
Marina Developers Inc. 56,366,541$ 1.6% -$
Hamstra-Appleton, LLC 55,519,879 1.6% 20,512,649 1.1% LV44 LP 47,083,143 1.3% - -
Joby Aero Inc. 41,404,471 1.2% - -
The Gates at Marina LLC 41,040,740 1.2% - - Pacific Coast Highway Property LLC 38,781,521 1.1% - - HHLP Sanctuary Associates LLC 32,740,573 0.9% - - Target Corporation 31,668,920 0.9% 24,565,518 1.4% MHC Marina Dunes LP 29,720,266 0.8% - - Wal-Mart Real Estate Business Trust 29,665,258 0.8% 20,815,143 1.1% Marina Hotels BW LLC 24,776,385 0.7% - - Shea Homes Limited Partnership 22,891,640 0.6% 22,298,336 1.2% Cemex Inc 20,616,513 0.6% 17,188,463 0.9%
Monterey Peninsula Hotels Group LP 20,211,527 0.6% - - Community Hospital Properties Inc 19,568,400 0.6% 22,046,714 1.2% Horvath Liza Tr Etal 19,362,660 0.5% - - Tate Michael J Tr 19,205,653 0.5% 16,347,361 0.9% Wathen Castanos Peterson Homes Inc Et Al 16,803,049 0.5% - - Sea Breeze Marina LLC 15,406,111 0.4% - - SPPI Commercial LLC 14,606,948 0.4% - - Valle Del Sol Properties LLC Et Al 14,278,099 0.4% - - Jamna Investments LLC 13,039,562 0.4% - - 189 Seaside LLC 12,988,358 0.4% - -
Marina Community Partners LLC 12,807,050 0.4% 21,111,663 1.2% Preston Park Sustainable Comm. Nonprofit Corp. 11,731,052 0.3% - - Shea Marina Village LLC - - 41,527,337 2.3% Cypress Marina Heights LP - - 21,183,271 1.2% Alliance Residential Co Inc. - - 14,105,308 0.8% MDR TMI LLC - - 13,607,305 0.7% Ocean Lodging LLC - - 12,696,926 0.7% Sierra Pacific Properties Inc. - - 12,320,813 0.7% Kohls Department Stores Inc. - - 10,452,956 0.6% University Village Assoc - - 10,284,903 0.6% Cypress Gates Inc. - - 9,450,367 0.5% LV44 II LTd. Partnership - - 8,557,928 0.5% ELS Properties Corp - - 8,513,122 0.5% Brooks William H - - 8,298,218 0.5% Marina Cypress Apts LLC - - 7,916,199 0.4% Vega Nelson A Susan J - - 7,790,032 0.4% Vieira Linda M Manuel A - - 7,234,648 0.4% Marina Beach Inn Inc. - - 7,191,856 0.4% Shamrock Redwood Marina Park - - 6,773,456 0.4% Total Top 25 Taxpayers 662,284,319$ 18.7% 372,790,492$ 20.5% Total Taxable Value 3,550,463,421$ 100.00% 1,815,854,715 100.00% (1) Fiscal Year 2016-17 was the first year the City prepared a Statistical Section. Data for nine years prior is not available. Data provided by the County Assessor and MuniServices, LLC/Avenu Insights & Analytics (2) Fiscal Year 2023-24 information provided by Monterey County Assessor; and HdL, Coren & Cone. 2023-24 2016-17 (1)

EXHIBIT A
175
City of Marina TABLE 13
Total Outstanding Debt
Last Ten Fiscal Years
2015 2016 2017 2018 2019
Governmental Activities:

General obligation library refunding bonds 7,925,000$ 7,640,000$ 7,555,000$ 7,390,000$ 7,195,000$ Pension obligation bonds 1,470,000 900,000 275,000 145,000 - Total General Obligation Bonds 9,395,000 8,540,000 7,830,000 7,535,000 7,195,000 Revenue bonds - Abrams-B Housing 11,820,000 11,465,000 11,275,000 10,860,000 10,435,000 Total Bonded Indebtedness 21,215,000 20,005,000 19,105,000 18,395,000 17,630,000 Certificates of participation - Measure X - - - - - Compensated absences 1,137,080 1,223,211 1,289,557 1,234,374 1,374,294 Leases 92,774 18,767 - - 663,156 Subscription liabilities - - - - - Total Governmental Activities 22,444,854 21,246,978 20,394,557 19,629,374 19,667,450 Business-type Activities:

Promissory note - Preston Park Housing - 35,950,000 35,950,000 35,950,000 35,950,000 Total Business-type Activities - 35,950,000 35,950,000 35,950,000 35,950,000 Total Debt 22,444,854$ 57,196,978$ 56,344,557$ 55,579,374$ 55,617,450$ Per Capita income1 24,773$ 25,327$ 26,525$ 28,168$ 29,705$ Personal income1 (in thousands) 521,199$ 546,937$ 587,343$ 631,639$ 681,936$ Debt as percentage of personal income 4.31% 10.46% 9.59% 8.80% 8.16% Population2 21,039 21,595 22,143 22,424 22,957 Total debt per capita 1,067 2,649 2,545 2,479 2,423 Taxable Assessed value3 1,574,138,956 1,655,780,817 1,815,854,715 1,937,251,820 2,178,986,207 Total Debt as % of assessed value 1.44% 3.48% 3.12% 2.89% 2.57% Continued

EXHIBIT A
176
City of Marina
Total Outstanding Debt
Last Ten Fiscal Years
Governmental Activities:

General obligation library refunding bonds
Pension obligation bonds
Total General Obligation Bonds
Revenue bonds - Abrams-B Housing
Total Bonded Indebtedness
Certificates of participation - Measure X
Compensated absences
Leases
Subscription liabilities
Total Governmental Activities
Business-type Activities:

Promissory note - Preston Park Housing
Total Business-type Activities
Total Debt
Per Capita income1
Personal income1 (in thousands)
Debt as percentage of personal income
Population2
Total debt per capita
Taxable Assessed value3
Total Debt as % of assessed value
TABLE 13
2020 2021 2022 2023 2024
6,970,000$ 6,710,000$ 6,430,000$ 6,135,000$ 6,820,000$ - - - - - 6,970,000 6,710,000 6,430,000 6,135,000 6,820,000 10,005,000 9,565,000 9,115,000 8,650,000 8,175,000 16,975,000 16,275,000 15,545,000 14,785,000 14,995,000 - - - 11,480,638 11,206,861 1,544,477 1,581,280 1,604,523 1,474,423 1,657,141 508,464 596,341 609,858 759,644 571,560 - - - 636,214 398,217 19,027,941 18,452,621 17,759,381 29,135,919 28,828,779 35,950,000 35,950,000 35,950,000 35,950,000 35,950,000 35,950,000 35,950,000 35,950,000 35,950,000 35,950,000 54,977,941$ 54,402,621$ 53,709,381$ 65,085,919$ 64,778,779$ 30,895$ 33,348$ 38,304$ 44,678$ 50,025$ 689,608$ 730,984$ 821,890$ 985,949$ 1,135,320$

7.97% 7.44% 7.92% 0.00% 5.71%
22,321 21,920 21,457 22,068 22,695 2,463 2,482 3,033 2,949 2,854 2,400,311,000 2,614,034,976 2,853,171,334 3,153,911,885 3,550,463,421

2.30% 2.09% 2.29% 0.00% 1.82%
Concluded
Source: City of Marina Audited Financial Statements
Notes:
(-) No data available
1 MuniServices LLC (for 2018 estimated 2% increase from prior year) - Personal Income calculated by multiplying per capita income by total population (see 2) 2 California Department of Finance
3 Monterey County Tax Rate Books, as detailed by MuniServices LLC (see Table 11)

EXHIBIT A
177
City of Marina TABLE 14
Bonded Debt
Last Ten Fiscal Years
Fiscal 3 3 3 G.O. Debt
Year Total Less: General as a % G.O. Debt Taxable
Ended Bonded Revenue Obligation of Assessed Per Assessed June 30 Debt Bonds Bonded Debt Value Capita Value1
Population2
2015 21,215,000 11,820,000 9,395,000 0.60% 447 1,561,125,061 21,039 2016 20,005,000 11,465,000 8,540,000 0.52% 395 1,642,092,991 21,595 2017 19,105,000 11,275,000 7,830,000 0.43% 354 1,803,719,945 22,143 2018 18,395,000 10,860,000 7,535,000 0.39% 336 1,924,857,463 22,424 2019 17,630,000 10,435,000 7,195,000 0.33% 313 2,168,132,130 22,957 2020 16,975,000 10,005,000 6,970,000 0.29% 312 2,385,745,200 22,321 2021 16,275,000 9,565,000 6,710,000 0.26% 306 2,599,147,176 21,920 2022 15,545,000 9,115,000 6,430,000 0.23% 300 2,838,045,534 21,457 2023 14,785,000 8,650,000 6,135,000 0.20% 278 3,153,911,885 22,068 2024 14,995,000 8,175,000 6,820,000 0.19% 301 3,550,463,421 22,695 Source: 1 Monterey County Auditor-Controller Tax Rate Book 2 California Department of Finance mid-fiscal year (e.g. 2008 population @ 1/1/2008) 3 City of Marina Audited Financial Statements
-
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
9,000,000
10,000,000
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
General Obligation Bonded Debt Outstanding

EXHIBIT A
178
City of Marina TABLE 15
Direct and Overlapping Debt
Fiscal Year 2023-24
2023-24 Assessed Valuation: 3,550,463,421$
Total Debt City’s Share of
DIRECT AND OVERLAPPING TAX AND ASSESSMENT DEBT: 6/30/2023 % Applicable (1) Debt 6/30/24 Monterey County Water Resources Agency, Zone No. 2 C 17,895,000$ 4.310% 721,347$ Hartnell Joint Community College District 243,151,667 0.095% 225,452 Monterey Peninsula Community College District 118,055,022 7.169% 13,266,595 Monterey Peninsula Unified School District 311,217,906 19.726% 61,390,844 North Monterey County Unified School District 26,685,000 0.395% 105,406 City of Marina 5,820,000 100.000% 5,820,000
TOTAL DIRECT AND OVERLAPPING TAX AND ASSESSMENT DEBT 81,529,644$ DIRECT AND OVERLAPPING GENERAL FUND DEBT:

Monterey County General Fund Obligations 109,815,000$ 4.03% 4,426,643$ Monterey County Office of Education General Fund Obligations 4,292,000 4.03% 173,011 North Monterey County Unified School District Certificates of Participation 1,925,000 3.95% 7,604 City of Marina Certificates of Participation 10,315,000 100.00% 10,315,000 TOTAL DIRECT AND OVERLAPPING GENERAL FUND DEBT 14,922,258$ OVERLAPPING TAX INCREMENT DEBT (Successor Agencies): 59,640,000$ 71.22-100% 51,986,491$ TOTAL DIRECT DEBT 16,135,000$
TOTAL OVERLAPPING DEBT 132,303,393$
COMBINED TOTAL DEBT 148,438,393$ (2)
Ratios to 2023-24 Assessed Valuation:

Direct Debt ($5,820,000) 0.16%
Total Direct and Overlapping Tax and Assessment Debt 2.30% Total Direct Debt ($16,135,000) 0.45%
Net Combined Total Debt 4.18%
Ratios to Redevelopment Successor Agency Incremental Valuation ($1,583,598,556) :

Total Overlapping Tax Increment Debt 3.28%
Source: Avenu Insights & Analytics
California Municipal Statistics, Inc.

Notes:
(2) Excludes tax and revenue anticipation notes, enterprise revenue, mortgage revenue and non-bonded capital lease obligations. (1) The percentage of overlapping debt applicable to the city is estimated using taxable assessed property value. Applicable percentages were estimated by determining the portion of the overlapping district's assessed value that is within the boundaries of the city divided by the district's total taxable assessed value.

EXHIBIT A
179
City of Marina TABLE 16
Legal Debt Margin Information
Last Ten Fiscal Years
Fiscal Year Taxable Property
Assessed Value (1)
Legal Debt
Limit (2)
Total Net Debt
Applicable to
Limit
Legal Debt
Margin
Total Net Debt
Applicable to Limit as a
Percentage of Limit
2015 1,574,138,956 236,120,843 9,395,000 226,725,843 3.98% 2016 1,655,780,817 248,367,123 8,540,000 239,827,123 3.44% 2017 1,815,854,715 272,378,207 7,830,000 264,548,207 2.87% 2018 1,937,251,820 290,587,773 7,535,000 283,052,773 2.59% 2019 2,178,986,207 326,847,931 7,195,000 319,652,931 2.20% 2020 2,400,311,000 360,046,650 6,970,000 353,076,650 1.94% 2021 2,614,034,976 392,105,246 6,710,000 385,395,246 1.71% 2022 2,853,171,334 427,975,700 6,430,000 421,545,700 1.50% 2023 3,153,911,885 473,086,783 6,135,000 466,951,783 1.30% 2024 3,550,463,421 532,569,513 5,820,000 526,749,513 1.09% (1) Sources: Monterey County Assessor data; and HdL, Coren & Cone (2) 15% of the Property Assessed Value per California Governmental Code Section 43605

EXHIBIT A
180
City of Marina TABLE 17
Demographic and Economic Statistics
Last Ten Fiscal Years
Fiscal Year
Ended
June 30,
Population
(1)
Personal
Income (2)
(in thousands)
Per Capita
Personal
Income (2)
Median
Age (4)
Public School
Enrollment (5)
County
Unemployment
Rate (3)
City
Unemployment
Rate (3)
County
Population
(1)
2015 20,268 502,099$ 24,773$ 36.5 10,653 7.6% 5.7% 425,756 2016 20,872 528,625 25,327 36.5 10,633 8.1% 6.1% 425,413 2017 21,528 571,030 26,525 36.9 10,732 7.6% 5.7% 442,365 2018 22,424 631,639 28,168 36.9 10,685 9.4% 3.1% 443,281 2019 22,957 681,936 29,705 36.8 10,658 4.7% 2.6% 445,414 2020 22,321 689,608 30,895 34.9 10,526 16.8% 19.3% 441,143 2021 21,920 730,984 33,348 33.9 9,994 10.8% 10.2% 437,318 2022 21,457 821,890 38,304 34.4 9,909 4.4% 2.1% 433,716 2023 22,068 985,949 44,678 36.0 9,809 6.3% 3.1% 430,368 2024 22,695 1,135,320 50,025 36.0 9,836 5.7% 3.3% 437,614 (5) Student Enrollment reflects the total number of students enrolled in the Monterey Peninsula Unified School District.

Other school districts within the City are not accounted for in this statistic. (3) Unemployment Data is provided by the EDD's Bureau of Labor Statistics Department. (4) Data provided by the United States Census Data Sets Tables.

Source: MuniServices, LLC / Avenu Insights & Analytics (1) Population Projections are provided by the California Department of Finance Projections. (2) Income Data is derived from previous income adjusted for inflation. 0 5,000
10,000
15,000
20,000
25,000
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Population Trends

EXHIBIT A
181
City of Marina TABLE 18
Principal Employers
Last Fiscal Year and Seven Years Ago (1)
Business Name
Number of
Employees
Percent of
Total
Employment
Number of
Employees
Percent of
Total
Employment
Monterey Peninsula Unified Schools - Marina Locations 298 2.35% 183 1.51% Walmart Supercenter 222 1.75% 189 1.56%
Target 147 1.16% - -
Monterey Regional Waste Management District 135 1.06% 130 1.07% City of Marina (2) 122 0.76% 80 0.66%
Monterey One Water Treatment Plant (3) 91 0.72% 76 0.63% Scudder Roofing Company 85 0.67% 74 0.61%
REI - Recreational Equipment Inc. 45 0.35% 12 0.10%
Kohl's 43 0.34% 72 0.60%
Montage Medical Group - Marina 29 0.23% - -
Del Monte Meat Company 53 0.44%
Michaels Catering/Wildtime Deli (Chef's Fancy, LLC) 50 0.41% Total Top 10 Employers 1,217 9.39% 919 7.59%
Total City Labor Force (4) 12,700 12,100
Notes:
(1) Fiscal Year 2016-17 was the first year the City prepared a Statistical Section. Data for nine years prior is not available. (2) The amount reflects the authorized full-time equivalent positions; and includes City Council members. (3) Includes Marina and Monterey location.
(4) Total City Labor Force provided by EDD Labor Force Data. 2016-17 (1) 2023-24
Source: MuniServices, LLC / Avenu Insights & Analytics Results based on direct correspondence with city’s local businesses.

EXHIBIT A
182
City of Marina TABLE 19
Number of City Employees by Department (1)
Last Ten Fiscal Years
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Departments:

General Government (2) 15.3 15.3 16.8 17.0 17.0 17.0 17.0 17.0 19.0 20.0 Public Safety 51.0 51.0 51.0 51.0 51.0 56.0 56.0 57.0 57.0 60.0 Public Works 14.0 14.0 14.0 16.0 16.0 18.0 18.0 18.0 19.0 23.0 Recreation 6.0 6.0 6.0 6.0 6.0 6.0 6.0 6.5 6.5 6.5
Community Development 6.8 6.8 7.8 8.3 8.5 10.0 10.0 10.0 10.0 10.0 Business-type Activities:

Airport 2.0 2.0 1.0 1.0 1.0 1.0 1.0 1.0 2.0 2.0
Total 95.1 95.1 96.6 99.3 99.5 108.0 108.0 109.5 113.5 121.5 (1) References authorized and funded full-time equivalent (FTE) regular positions. (2) Includes four Council Members and Mayor.
0 20
40 60
80 100
120
140
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fiscal Year
Total Number of City Employees

EXHIBIT A
183
City of Marina TABLE 20
Capital Asset Statistics By Function
Last Ten Fiscal Years
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Function:

General government facilities
City Hall 1 1 1 1 1 1 1 1 1 1 City Hall Annex 1 1 1 1 1 1 1 1 1 1 Council Chambers 1 1 1 1 1 1 1 1 1 1 Public Safety
Police stations 1 1 1 1 1 1 1 1 1 1 Fire stations 2 2 2 2 2 2 2 2 2 2 Public Works
Miles of paved streets 140 140 140 140 140 140 140 140 140 140 Parking lots 5 5 5 5 5 5 5 5 5 5 Street lights (1)
1,076 1,076 1,079 1,079 1,079 1,079 1,079 1,201 1,252 1,252 Fleet vehicles (city-wide) 56 55 56 60 66 61 65 66 68 68 Fueling Station 1 1 1 1 1 1 1 1 1 1 Recreation
Parks 4 4 4 4 4 4 4 4 4 4 Community centers/facilities 3 3 3 3 3 3 3 3 3 3 Playgrounds 4 4 4 4 4 4 4 4 4 4 Skate Park 1 1 1 1 1 1 1 1 1 1 Pump Track - - - - - - - - 1 1 Equestrian Center 1 1 1 1 1 1 1 1 1 1 Airport
Number of buildings 1 1 1 1 1 1 1 1 1 1 Runways 2 2 2 2 2 2 2 2 2 2 Hangers 40 40 40 40 40 40 40 40 40 40 Fueling Station 1 1 1 1 1 1 1 1 1 1 Source: City of Marina Departments
(1) Reflects the number of street lights listed on the City's electricity statements.

For Fiscal Year Ended June 30

EXHIBIT A
184
City of Marina TABLE 21
Operating Indicators By Function
Last Ten Fiscal Years (1)
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Function:

General Government
Number of approved resolutions - - - - 150 162 148 153 139 149 Number of approved ordinances - - - - 7 5 9 3 10 13 Police (2)
Calls for service - - - - 26,508 23,505 27,483 - 25,455 25,816 Fire
Calls for Service - Fires - - - - 65 58 65 60 80 43 Calls for Service - Medical Aid - - - - 1,642 1,646 1,754 1,843 2,037 1,566 Calls for Service - Other - - - - 727 972 673 729 916 1,180 Recreation (3)
Park & facility rentals - - - - - - - - - 52 Recreation memberships - - - - - - - - - 272 Special events - - - - - - - - - 8 Public Works (4)
Work orders - routine maintenance - - - - - - - - - 711 Work orders - special assignments - - - - - - - - - 53 Community Development
Building Permits - New Construction - - - - - 63 135 270 171 127 Building Permits - Other - - - - - 195 645 755 621 410 Airport
Active building leases - - - - - 14 15 14 12 10 Active hangar leases - - - - - 21 18 42 42 42 Active ground and tie-down leases - - - - - 5 7 5 6 17 Notes:
(1) This is the first year that the City is preparing this table. Five years of data provided, unless noted. Additional years and metrics to be added in the next fiscal year.
(2) The Police Department recently implemented new software. Additional implementation processes are pending.

The data represents historical reports; and information from the County 9-1-1 Center, which has a limited retention policy. (3) In Fiscal Year 23/24, the City implemented CivicRec recreation software. Statistics reflect manually tracked data, as well as as general ledger recreation activity. Additional metrics will be available in the next fiscal year. (4) The Public Works Department is in the process of implementing an asset management/work order software. The data represents manually tracked work orders. Stronger metrics will be available in the next fiscal year.

Source: City of Marina Departments
For Fiscal Year Ended June 30

EXHIBIT A
185
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EXHIBIT A
186

INDEPENDENT AUDITORS REPORT

IN ACCORDANCE WITH

GENERALY ACCEPTED GOVERNMENTAL

AUDITING STANARDS

EXHIBIT A
187
16450 Monterey Road, Ste. 5, Morgan Hill, CA 95037
Tel: 408-217-8749 • E-Fax: 408-872-4159
[email protected] • www.cnallp.com
INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER

FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS

BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN

ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS
To the Honorable Mayor and Members of the City Council
of the City of Marina
Marina, California
We have audited, 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, the financial statements of the City of Marina (the “City”) as of and for the year ended June 30, 2024, and the related notes to the financial statements, which collectively comprise the City’s basic financial statements, and have issued our report thereon dated December 2, 2024.

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

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

Our consideration of internal control over financial reporting was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over financial reporting that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control over financial reporting that we consider to be material weaknesses. However, material weaknesses and significant deficiencies may exist that were not identified.

Compliance and Other Matters
As part of obtaining reasonable assurance about whether the City’s financial statements are free of material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not

EXHIBIT A
188
16450 Monterey Road, Ste. 5, Morgan Hill, CA 95037
Tel: 408-217-8749 • E-Fax: 408-872-4159
[email protected] • www.cnallp.com
express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.

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

Morgan Hill, California
December 2, 2024

EXHIBIT A
189
Chavan & Associates, LLP
Certified Public Accountants
16450 Monterey Rd, Suite 5
Morgan Hill, CA 95037

CITY OF MARINA
TRANS

PORTATION SAFETY AND

INVESTMENT PLAN ACCOUNT FUNDS
WIT

H INDEPENDENT
AUDITORS’ REPORT
JUNE
30, 2024
* *
*
Exhibit B
190

CITY OF MARINA
Transportation Safety and Investment Plan Account Funds June 30, 2024

Table of Contents

Page No.

FINANCIAL SECTION:

Independent Auditors’ Report ........................................................................................... 1 - 3 Financial Statements:

Balance Sheet .............................................................................................................. 4 Statement of Revenue, Expenditures and Changes in Fund Balance ......................... 5 Notes to the Financial Statements ............................................................................... 6 - 8

SUPPLEMENTARY INFORMATION:

Statement of Revenues, Expenditures, and
Changes in Fund Balance – Budget and Actual .......................................................... 9

OTHER INDEPENDENT AUDITORS’ REPORT:

Independent Auditors' on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statement Performed in Accordance with Government Auditing Standards ............................... 10 - 11

Independent Auditor’s Report on Compliance with TAMC Ordinance No. 2016-01 and the Measure X Master Programs Funding Agreement ................... 12 - 13

FINDINGS AND RECOMMENDATIONS:

Schedule of Findings and Recommendations ................................................................... 14

191

FINANCIAL SECTION
192

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[email protected] • www.cnallp.com
INDEPENDENT AUDITORS’ REPORT

City Council
City of Marina
Marina, California

Report on the Financial Statements

Opinions

We have audited the accompanying financial statements of the City of Marina Transportation Safety and Investment Plan Account Funds (Measure X Funds) , as of and for the year ended June 30, 2024, and the related notes to the financial statements, as listed in the table of contents.

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the City’s Transportation Safety and Investment Plan Account Funds , as of June 30, 2024, and the changes in financial position thereof for the year then ended in accordance with accounting principles generally accepted in the United States of America.

Basis for Opinions

We conducted our audit in accordance with auditing standards generally accepted in the United States of America (GAAS) 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 Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the City and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.

Other Matters

As discussed in Note 1, the financial statements present only the Transportation Safety and Investment Plan Account Funds and do not purport to, and do not, present fairly the financial position of the City of Marina , as of June 30, 2024, the changes in its financial position, or, where applicable, its cash flows for the fiscal year then ended in accordance with accounting principles generally accepted in the United States of America. Our opinion is not modified with respect to this matter.

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.

193

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

Auditor’s Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statements are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinions. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS 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 GAAS and GAS, 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.

Supplementary Information

Our audit was conducted for the purpose of forming an opinion on the Transportation Safety and Investment Plan Account Funds financial statements that collectively comprise the City of Marina Transportation Safety and Investment Plan Account Funds financial statements. The accompanying supplemental information – Schedule of Revenues, Expenditures and Changes in Fund Balance - 194

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Budget and Actual on page 9 is presented for purposes of additional analysis and is not a required part of the basic financial statements. The supplemental schedule is the responsibility of management and was derived from and relate directly to the underlying accounting and other records used to prepare the basic financial statements. Such information has been subjected to the auditing procedures applied in the audit of the City’s Transportation Safety and Investment Plan Account Funds 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 auditing standards generally accepted in the United States of America. In our opinion, the supplemental schedule – Schedule of Revenues, Expenditures and Changes in Fund Balance – Budget and Actual is fairly stated, in all material respects, in relation to the basic financial statements as a whole.

Other Reporting Required by Government Auditing Standards

In accordance with Government Auditing Standards , we have also issued our report dated December 10, 2024, on our consideration of the City of Marina Traffic Safety and Investment Plan Account Funds’ internal control over financial reporting and on our tests of its compliance with the requirements described in the TAMC’s Ordinance No. 2016-01 and in the Agreement between TAMC and the City and other matters for the fiscal year ended June 30, 2024. The purpose of that report is solely to report our opinion on compliance and to describe the scope of our testing of internal control over financial reporting and the results of that testing, and not to provide an opinion on the effectiveness of the City of Marina Traffic Safety and Investment Plan Account Funds’ internal control over financial reporting. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the City of Marina Traffic Safety and Investment Plan Account Funds’ compliance.

December 10, 2024
Morgan Hill, California
195
City of Marina
Transportation Safety and Investment Plan Accounting Fund Balance Sheet
June 30, 2024

4 Total
ASSETS
Cash and investments 793,038$ 7,902,662$ 8,695,700$ Receivables:

Accounts 250,298 - 250,298 Interest 1,833 33,826 35,659 Due from other funds - 845,812 845,812 Total Assets 1,045,169$ 8,782,300$ 9,827,469$

LIABILITIES AND FUND BALANCE
Liabilities:

Accounts payable -$ 163,251$ 163,251$ Total liabilities - 163,251 163,251 Fund Balance:

Restricted 1,045,169 8,619,049 9,664,218 Total fund balances 1,045,169 8,619,049 9,664,218 Total Liabilities and Fund Balance 1,045,169$ 8,782,300$ 9,827,469$ The accompanying notes are an integral part of these financial statements Transportation
Safety and
Investment Fund
Measure X -
Capital Projects
Fund
196
City of Marina
Transportation Safety and Investment Plan Accounting Fund Statement of Revenues, Expenditures
and Changes in Fund Balance
June 30, 2024

5 Transportation
Safety and
Investment
Measure X -
Capital Projects
Fund Total

REVENUES
Transportation Safety and Investment Plan Account revenue 1,000,551$ -$ 1,000,551$ Use of money and property 14,493 432,722 447,215 Total Revenues 1,015,044 432,722 1,447,766

EXPENDITURES
Current:

Public Works 6,749 - 6,749 Capital Outlay - 845,812 845,812
Total Expenditures 6,749 845,812 852,561 Excess (Deficiency) of Revenues over Expenditures 1,008,295 (413,090) 595,205

OTHER FINANCING SOURCES (USES)
Transfers in - 4,316,592 4,316,592 Transfers out (947,325) - (947,325) Total Other Financing Sources (Uses) (947,325) 4,316,592 3,369,267 Net Change in Fund Balances 60,970 3,903,502 3,964,472 Fund Balance Beginning 984,199 4,715,547 5,699,746 Fund Balance Ending 1,045,169$ 8,619,049$ 9,664,218$ The accompanying notes are an integral part of these financial statements 197
City of Marina
Transportation Safety and Investment Plan Account Fund
Notes to the Financial Statements
For the Fiscal Year Ended June 30, 2024

6 NOTE 1 – SIGNIFICANT ACCOUNTING POLICIES

Basis of Accounting
The accounting and financial reporting treatment applied to a fund is determined by its measurement focus. The Transportation Safety and Investment Plan Account Funds of the City of Marina (the City) is a governmental fund type. Governmental funds are accounted for using a current financial resources measurement focus. The application of this measurement focus provides that, in general, only current assets and current liabilities are present on the balance sheet. Operating statements of these funds present revenues and expenditures.

The modified accrual basis of accounting is used for the Transportation Safety and Investment Plan Account Funds . Under the modified accrual basis of accounting, revenues are recognized when they become susceptible to accrual (i.e., both measurable and available). Measurable means that the amount of the transaction can be determined. Available means the funds are collectible within the current period or soon enough thereafter to be used to pay liabilities of the current period. For this purpose, the City considers revenues to be available if they are collected within 60 days of the end of the current fiscal period.

Expenditures of governmental funds are generally recognized when the related fund liability is incurred.

Reporting Entity
The Transportation Safety and Investment Plan Account Fund s from the Transportation Agency for Monterey County was approved on November 8, 2016. The revenue from the sales tax measure will be used to fund transportation safety and mobility projects in Monterey County. Expenditures are restricted to road improvements, pothole repairs, street and road maintenance, traffic deduction and regional safety, mobility and walkability.

The Transportation Safety and Investment Plan Fund financial statements and related accounting policies of the City conform with generally accepted accounting principles applicable to governments in the United States of America. The Governmental Accounting Standards Board (GASB) is the accepted standard-setting body for establishing governmental accounting and financial reporting principles.

The Transportation Safety and Investment Fund accounts for the City’s Measure X sales tax funds received and expended to invest in roads throughout Monterey County. The Measure X Capital Projects Fund is used to account for major capital projects related to transportation and safety. The financial statements present only the Transportation Safety and Investment Plan Account Fund and Measure X Capital Projects Fund and do not purport to, and do not present, the City’s financial position and changes in financial position. The City’s basic financial statements are available from the Finance Department at City’s address and website.

NOTE 2 – CASH DEPOSITS

The City follows the practice of pooling cash and investments for all funds (including the Transportation Safety and Investment Plan Account Fund) under its direct daily control. Interest earned on pooled cash and investments is allocated periodically to the various funds based on average cash balances. Detailed disclosure regarding the City’s investments of cash is included in the notes to City’s basic financial statements.

198
City of Marina
Transportation Safety and Investment Plan Account Fund
Notes to the Financial Statements
For the Fiscal Year Ended June 30, 2024

7 NOTE 3 – MAINTENANCE OF EFFORT

The Measure X Master Programs Funding Agreement between the City and the Transportation Agency for Monterey County , as amended, requires that the City must expend each fiscal year from its general fund for street and highway purposes an amount not less than the annual average of its expenditures from its general fund during the 2009- 10, 2010- 11, and 2011- 12 fiscal years, but not less than what was expended in 2016- 17 (when Measure X passed), as reported to the Controller pursuant to Streets and Highways Code section 2151 (“Maintenance of Effort”). This baseline amount will be indexed annually to the Engineering News Record construction index.

The following eligible expenditures were made:

Total expenditures from the general fund for street and highway purposes for the fiscal year ended June 30, 2024 was $8,270,090. The City was in compliance with the Maintenance of Effort requirement of the Measure X Master Programs Funding Agreement between the City of Marina and the Transportation Agency for Monterey County.

Fiscal year ended June 30:
2010 262,149$
2011 201,648
2012 265,396
Total 729,193$
Three-year average 243,064$
Fiscal year ended June 30, 2017 457,181$
Maintenance of effort baseline 457,181$
Engineering News Record construction index FY 2019/20 1.37% Engineering News Record construction index FY 2020/21 1.27% Engineering News Record construction index FY 2021/22 2.05% Engineering News Record construction index FY 2022/23 7.34% Engineering News Record construction index FY 2023/24 4.93% Index-adjusted maintenance of effort requirement 539,464$ Current year eligible expenditures 8,270,090$
Compliant (Yes or No) Yes
** Current expenditures must be >= 3 year avg or FY17 (year of inception) 199
City of Marina
Transportation Safety and Investment Plan Account Fund
Notes to the Financial Statements
For the Fiscal Year Ended June 30, 2024

8 NOTE 4 – TRANSFERS TO/FROM OTHER FUNDS AND THE CITY

Transfers into the Measure X Capital Projects Fund during the fiscal year ended June 30, 2024:

Transfers From/To Description of Transfer A mount
Transportation Safety and Investment Fund XCCIP - XAPR1801 Project 170, 000$ From the City:

General Fund XCCIP - XAPR1801 Project 1, 000,000
RMRA -SB1 XCCIP - XAPR1801 Project 450,000
C.O.P Debt Services XCCIP - XAPR1801 Project 2,696,592
To the City:

C.O.P Debt Services COP Trust Transactions (777,325)
Capital Projects XCCIP - XAPR1801 Project (170,000)
Total Transfers 3,369,267$
200

SUPPLEMENTARY

INFORMATION

201
City of Marina
Transportation Safety and Investment Plan Account Fund
Statement of Revenues, Expenditures, and
Changes in Fund Balance
Budget and Actual (GAAP Basis)
For the Fiscal Year Ended June 30, 2024

9 Variance with
Final Budget
Ac tual Positive
Original Final Amounts (Negative)

REVENUES
Transportation Safety and Investment Plan Account revenue 950,000$ 950,000 $ 1,000,551$ 50,551$ Use of money and property 1,000 1,000 14,493 13,493 Total Revenues 951,000 951,000 1,015,044 64,044

EXPENDI TURES
Current:

Public Works - - 6,749 (6,749) Total Expenditures - - 6,749 (6,749) Excess (Deficiency) of Revenues over Expenditures 951,000 951,000 1,008,295 57,295

OTHER FINANCING SOURCES (USES)
Transfers in - - - -
Transfers out (947,325) (947,325) (947,325) - Total Other Financing Sources (Uses) (947,325) (947,325) (947,325) - Net Change in Fund Balance 3,675 3,675 60,970 57,295 Fund Balance Beginning 984,199 984,199 984,199 - Fund Balance Ending 987,874$ 987,874 $ 1,045,169$ 57,295$ Budgeted Amounts
The City employs budget control by object codes and by individual appropriation accounts. Budgets are prepared on the modified accrual basis of accounting in accordance w ithaccounting princ iplesgenerally accepted in the United States of Americ aas prescribed by the Governmental Accounting Standards Board. The budgets are revised during the year by the City Council to provide for revised priorities. Expenditures cannot legallyexceed appropriations by major object code. The originally adopted and final revised budgets for the Measure X Special Revenue Fund are presented as Required Supplementary Information. The basis of budgeting is the same as GAAP. The expenditures noted above in excess of appropriations were covered by fund balance, appropriations available in other categories, or revenues in excess of budget.
202

OTHER INDEPENDENT

AUDITORS REPORT

203

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[email protected] • www.cnallp.com
INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL

OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER

MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENT PERFORMED

IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS

City Council
City of Marina
Marina, California

We have audited, 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, the financial statements of the Transportation Safety and Investment Plan Account Funds (Measure X Funds) of City of Marina (the “City”) as of and for the year ended June 30, 2024, and the related notes to the financial statements, which collectively comprise City of Marina ’s Measure X Fund s financial statements, and have issued our report thereon dated December 10, 2024.

Report on Internal Control Over Financial Reporting

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

Accordingly, we do not express an opinion on the effectiveness of the City of Marina ’s internal control.

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

Our consideration of internal control over financial reporting was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over financial reporting that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control over financial reporting that we consider to be material weaknesses. However, material weaknesses or significant deficiencies may exist that were not identified.

Report on Compliance and Other Matters

As part of obtaining reasonable assurance about whether the City of Marina ’s Measure X Fund s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which 204

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

Purpose of this Report

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

December 10, 2024
Morgan Hill, California
205

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INDEPENDENT AUDITORS’ REPORT ON COMPLIANCE WITH
TAMC ORDINANCE NO. 2016-01 AND THE MEASURE X

MASTER PROGRAMS FUNDING AGREEMENT

City Council
City of Marina
Marina, California

Report on Compliance with the TAMC Ordinance No. 2016-01

Opinion

We have audited the City of Marina ’s (the “City”) Transportation Safety and Investment Plan Account Funds ’ (the City’s Measure X Fund s) compliance with the types of compliance requirements described in the Transportation Agency’s for Monterey County’s (TAMC) Ordinance No. 2016-01 and the Measure X Master Programs Funding Agreement (the Agreement) between TAMC and the City, applicable for the fiscal year ended June 30, 2024.

In our opinion, the funds allocated to and received by the City’s Measure X Funds, complied, in all material respects, with the compliance requirements referred to above that are applicable in accordance to the compliance requirements described in the Transportation Agency for Monterey County’s (TAMC) Ordinance No. 2016-01 and in the Measure X Master Programs Funding Agreement between TAMC and the City for the fiscal year ended June 30, 2024.

Basis for Opinion on Compliance with the TAMC Ordinance No. 2016-01 Requirements

We conducted our audit in accordance with auditing standards generally accepted in the United States of America (GAAS) and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, and in accordance with the compliance requirements described in the Transportation Agency for Monterey County’s (TAMC) Ordinance No. 2016 -01 and in the Measure X Master Programs Funding Agreement (the Agreement) between TAMC and the City. Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of Compliance 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 opinion on compliance with the compliance requirements referred to above. However, our audit does not provide a legal determination of the City’s compliance.

Management’s Responsibility for Compliance

Management is responsible for compliance with the requirements referred to above and for the design, implementation, and maintenance of effective internal control over compliance with the requirements of laws, regulations, contracts, and grants applicable to the Transportation Safety and Investment Plan Account Funds.

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Auditor’s Responsibilities for the Audit of Compliance

Our responsibility is to express an opinion on the City’s compliance based on our audit in accordance with the compliance requirements described in the Transportation Agency for Monterey County’s (TAMC) Ordinance No. 2016-01 and in the Measure X Master Programs Funding Agreement (the Agreement) between TAMC and the City. The Measure X Master Programs Funding Agreement requires that the independent auditor shall perform at least the following tasks:
(1) determine whether the recipient expended all Measure X funds received in compliance with Measure X, the Measure X Investment Plan, and the Policies & Project Descriptions, as they may be adopted or amended by TAMC from time to time, and the Agreement, (2) determine whether the Measure X revenues received and expended were accounted for and tracked in its own separate budget and fund titled “Transportation Safety & Investment Plan Account” and were not be comingled with any other funds and that the accounting system provides adequate internal controls and audit trails to facilitate an annual compliance audit for each fund type and the respective usage and application of said funds, and (3) determine whether the City met the Maintenance of Effort requirements imposed by Measure X and State law. We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America, the standards applicable to financial audits contained in Government Auditing Standards , issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether noncompliance with the compliance requirements referred to above that could have a direct and material effect on the state laws and regulations applicable to the City occurred. An audit includes examining, on a test basis, evidence about the City’s compliance with those requirements and performing such other procedures as we considered necessary in the circumstances.

Purpose of this Report

The purpose of this report is solely to report our opinion on compliance with the TAMC Ordinance No. 2016-01 and to describe the scope of our testing over compliance and the results of that testing.

This report is intended solely for the information and use of City Council, management of the Transportation Agency for Monterey County and for filing with the appropriate regulatory agencies and is not intended to be and should not be used by anyone other than these specified parties.

December 10, 2024
Morgan Hill, California

207

FINDINGS AND

RECOMMENDATIONS

208
City of Marina
Transportation Safety and Investment Plan Account Fund
Schedule of Findings and Recommendations
For the Fiscal Year Ended June 30, 2024
14 None reported.

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To the City Council of the
City of Marina
We have audited the basic financial statements of the City of Marina as of and for the year ended June 30, 2024, and have issued our report thereon dated December 4, 2024. Professional standards require that we advise you of the following matters relating to our audit.

Our Responsibility under Generally Accepted Auditing Standards and Government Auditing Standards
As communicated in our engagement letter, our responsibility, as described by professional standards, is to form and express an opinion(s) about whether the financial statements that have been prepared by management with your oversight are presented fairly, in all material respects, in conformity with accounting principles generally accepted in the United States of America.

Our audit of the financial statements does not relieve you or management of your respective responsibilities.

Our responsibility, as prescribed by professional standards, is to plan and perform our audit to obtain reasonable, rather than absolute, assurance about whether the financial statements are free of material misstatement. An audit of financial statements includes consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the City’s internal control over financial reporting. Accordingly, as part of our audit, we considered the internal control of the City of Marina solely for the purpose of determining our audit procedures and not to provide any assurance concerning such internal control.

We are also responsible for communicating significant matters related to the audit that are, in our professional judgment, relevant to your responsibilities in overseeing the financial reporting process. However, we are not required to design procedures for the purpose of identifying other matters to communicate to you.

Other Information in Documents Containing Audited Financial Statements Pursuant to professional standards, our responsibility as auditors for other information in documents containing City of Marina’s audited financial statements does not extend beyond the financial information identified in the audit report, and we are not required to perform any procedures to corroborate such other information.

Our responsibility also includes communicating to you any information which we believe is a material misstatement of fact. Nothing came to our attention that caused us to believe that such information, or its manner of presentation, is materially inconsistent with the information, or manner of its presentation, appearing in the financial statements.

EXHIBIT C
210
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Planned Scope and Timing of the Audit
We conducted our audit consistent with the planned scope and timing we previously communicated with management.

Compliance with All Ethics Requirements Regarding Independence The engagement team, others in our firm, as appropriate, and our firm have complied with all relevant ethical requirements regarding independence.

Significant Risks Identified
We did not identify any significant risks that required special audit consideration.

Qualitative Aspects of the City’s Significant Accounting Practices Significant Accounting Policies
Management has the responsibility to select and use appropriate accounting policies. A summary of the significant accounting policies adopted by the City of Marina is included in Note 1 to the financial statements. There have been no initial selection of accounting policies and no changes in significant accounting policies or their application during June 30, 2024. No matters have come to our attention that would require us, under professional standards, to inform you about (1) the methods used to account for significant unusual transactions and (2) the effect of significant accounting policies in controversial or emerging areas for which there is a lack of authoritative guidance or consensus.

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

Certain accounting estimates are particularly sensitive because of their significance to the financial statements and because of the possibility that future events affecting them may differ markedly from management’s current judgments.

The most sensitive accounting estimates affect ing the financial statements include accumulated depreciation, depreciation expense, market value adjustments related to investments, actuarial assumptions included in employee retirement plans that impact pension and other postemployment balances reported in the financial statements, and net present value calculations for right of use assets and leases.

EXHIBIT C
211
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We evaluated the key factors and assumptions used to develop the identified estimates and determined that it is reasonable in relation to the basic financial statements taken as a whole and in relation to the applicable opinion units.

Financial Statement Disclosures
Certain financial statement disclosures involve significant judgment and are particularly sensitive because of their significance to financial statement users. The most sensitive disclosures affecting City of Marina’s financial statements relate to cash and investments, capital assets, pensions and long-term liabilities.

Significant Unusual Transactions
For purposes of this communication, professional standards require us to communicate to you significant unusual transactions identified during our audit. No significant unusual transactions were identified as a result of our audit procedures that required the attention of management.

Identified or Suspected Fraud
We did not identify nor obtain information that indicates that fraud may have occurred.

Significant Difficulties Encountered during the Audit
We encountered no significant difficulties in dealing with management relating to the performance of the audit.

Uncorrected and Corrected Misstatements
For purposes of this communication, professional standards require us to accumulate all known and likely misstatements identified during the audit, other than those that we believe are trivial, and communicate them to the appropriate level of management. Further, professional standards require us to also communicate the effect of uncorrected misstatements related to prior periods on the relevant classes of transactions, account balances or disclosures, and the financial statements as a whole and each applicable opinion unit. There were no uncorrected financial statement misstatements identified.

In addition, professional standards require us to communicate to you all material, corrected misstatements that were brought to the attention of management as a result of our audit procedures. The material misstatements that we identified as a result of our audit procedures were brought to the attention of, and corrected by, management.

EXHIBIT C
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Disagreements with Management
For purposes of this letter, professional standards define a disagreement with management as a matter, whether or not resolved to our satisfaction, concerning a financial accounting, reporting, or auditing matter, which could be significant to the City of Marina’s financial statements or the auditor’s report. No such disagreements arose during the course of the audit.

Circumstances that Affect the Form and Content of the Auditor’s Report For purposes of this letter, professional standards require that we communicate any circumstances that affect the form and content of our auditor’s report. There were no circumstances that affect the form and content of our auditor’s report.

Representations Requested from Management
We have requested certain written representations from management, which are included in the attached letter dated December 4, 2024.

Management’s Consultations with Other Accountants
In some cases, management may decide to consult with other accountants about auditing and accounting matters. Management informed us that, and to our knowledge, there were no consultations with other accountants regarding auditing and accounting matters.

Other Significant Matters, Findings, or Issues
In the normal course of our professional association with the City of Marina, we generally discuss a variety of matters, including the application of accounting principles and auditing standards, operating and regulatory conditions affecting the City, and operational plans and strategies that may affect the risks of material misstatement. None of the matters discussed resulted in a condition to our retention as the City of Marina’s auditors.

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

December 4, 2024
Morgan Hill, California

EXHIBIT C
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City of Marina
City Council and Management
Marina, California
In planning and performing our audit of the financial statements of City of Marina as of and for the year ended June 30, 2024, 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, we considered City of Marina’s internal control over financial reporting (internal control) as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of City of Marina’s internal control.

Accordingly, we do not express an opinion on the effectiveness of City of Marina’s internal control over financial reporting.

A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented or detected and corrected on a timely basis. A reasonable possibility exists when the likelihood of an event occurring is either reasonably possible or probable as defined as follows:
 Reasonably possible: The chance of the future event or events occurring is more than remote but less than likely.
 Probable: The future event or events are likely to occur.

Our consideration of internal control was for the limited purpose described in the first paragraph and was not designed to identify all deficiencies in internal control that might be material weaknesses.

Given these limitations, during our audit we did not identify any deficiencies in internal control over financial reporting that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified.

The following is a summary of new accounting pronouncements from the Governmental Accounting Standards Board:

GASB Statement No. 101, Compensated Absences, effective fiscal 2025.

Updates the recognition and measurement guidance for compensated absences by:

1. Aligning the recognition and measurement guidance under a unified model

2. Amending certain previously required disclosures

3. Amends the existing requirement to disclose the gross increases and decreases in a liability for compensated absences to allow governments to disclose only the net change in the liability

4. Supersedes GASB 16

EXHIBIT D
214
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The purpose of this communication, which is an integral part of our audit, is to describe, for management and those charged with governance, the scope of our testing of internal control and the results of that testing. Accordingly, this communication is not intended to be and should not be used for any other purpose.

Respectfully,
December 4, 2024
Morgan Hill, California

EXHIBIT D
215
January 8, 2025 Item No: 11a
Honorable Mayor and Regular Meeting
Members of the Marina City Council January 22, 2025
CITY COUNCIL TO CONSIDER ADOPTING RESOLUTION NO. 2025 -,

APPROVING THE DRAFT COASTAL HAZARDS AND SEA LEVEL

RISE LOCAL COASTAL PROGRAM (LCP) AMENDMENTS AND

AUTHORIZE THE CITY MANAGER TO SUBMIT THE AMENDMENTS

TO THE CALIFORNIA COASTAL COMMISSION (CCC) FOR
CERTIFICATION; THE PROPOSED AMENDMENT IS NOT SUBJECT

TO ENVIRONMENTAL REVIEW PER PUBLIC RESOURCES CODE
(PRC), DIVISION 13, § 21080.9 AND § 15251 OF THE CEQA
GUIDELINES.

REQUEST: It is requested that the City Council consider adopting:

Resolution 2025-__, approving the draft Coastal Hazards / Sea Level Rise amendments to the City’s Local Coastal Program and authorizing the City Manager to submit the amendment to the California Coastal Commission (CCC) for final certification. The proposed amendment is exempt from environmental review per Public Resources Code (PRC), Division 13, § 21080.9, and § 15251 of the CEQA Guidelines.

BACKGROUND:

In 2017, the City received a small grant from the CCC to prepare an amendment to the City’s 1982 Local Coastal Program (LCP) (as amended) to integrate modern hazards policies and standards into the document . Over time, a significant amount of staff and consultant work, as well as four (4) public workshops and stakeholder meetings occurred through the process, but the grant funding was expended before the amendments could be completed . The last meeting was held in January 2020 right before the shutdown caused by the Covid -19 pandemic. The video of that meeting is available on the City’s website for review.

In September 2022, the City received a second grant from the CCC to complete the previous work on Hazards policies and standards. Building on that work, the consultant s, EMC Planning and Integral Consultants, and staff have prepared draft Hazards amendments to the Implementation Plan (IP) and the Land Use Plan (LUP) (the draft amended IP and LUP are collectively referred to as LCP Amendments) for Planning Commission review and City Council review and adoption. Once the City has adopted these LCP amendments, the document will be submitted to the CCC for final certification.

The LCP Amendments include an Existing Conditions and SLR Adaptation Report using state of the art climate science and State -adopted modeling protocols, a Social Vulnerability Assessment that integrates environmental justice concerns into the LCP, and a variety of land use policies and development standards intended to address and mitigate impacts caused by rising sea levels and storm damage potential along Marina’s coast. The Existing Conditions and Vulnerability Assessment documents are included in Appendix 11 to the draft LUP. 1 https://www.cityofmarina.org/DocumentCenter/View/14973/LUP-Appendices-11-14-24?bidId= On December 14, 2023, the Planning Commission recommended approval of an earlier version of these LCP Amendments . The video (2:10) of this meeting is available online and additional background information can be reviewed on the City’s website2.

What happened between December 2023 and now?
The draft amendments that w ere presented to the Commission included policies allowing the installation of shoreline protection devices (seawalls, revetments, and other “hard armoring”) when required to serve coastal dependent uses as allowed under the Coastal Act . Although allowed under certain circumstances under the Coastal Act, shoreline protection devices have their own impacts including, but not limited to, narrowing of the beach and eventual loss of beach and the access and habitat that they were intended to protect.

After reconsideration of the above impacts at the staff and executive team level, and in consultation with Coastal Commission staff, staff is now recommending a more assertive approach that more closely aligns with Marina’s desires to keep the coast as natural as possible and clear of hard armoring . This more closely aligns with the direction that the amendment was headed in early 2020. Staff revised the draft to prioritize managed retreat and nature -based protective strategies and removed the ability to install hard armoring anywhere along the City’s shoreline. This prohibition of shoreline devices is not new. It was included in the Coastal Commission’s CalAm Desal Plant Coastal Development Permit (A -3-MRA-19-00343) issued in November 2022 and in the City’s 1995 CDP for the Marina Coast Water District’s (MCWD) small desal plant at its property at 11 Reservation Rd.

Some examples of “soft armoring” include but are not limited to: sand replenishment through an Opportunistic Beach Nourishment Program (included in this amendment) , using woody debris with sand to provide a natural barrier from erosion, and dune restoration activities.

On November 14, 2024, the Planning Commission, at a noticed public hearing, adopted PC Resolution 24 -234 accepting the draft LCP Amendments and recommending that the City Council approve the draft LCP Amendments as presented. Other than some minor clean up edits, there are no substantive changes between the PC Resolution and the Council Resolution.

Because Marina’s unique ± 3-mile shoreline is almost entirely in public ownership and dedicated to open space uses intended to provide access to the coast, the City is poised to adopt these proposed draft policies and standards that will put Marina in the forefront of California coastal land use and planning in terms of impacts created by coastal hazards. Specific development standards for the one (1) privately owned property, Sanctuary Beach Resort, will be further defined in a separate comprehensive update to the LCP, which the City is working on and which will be brought to Council at a later date . The comprehensive update will include review and update of the City’s entire Local Coastal Program, not just the hazards amendments under consideration here.

Comments from Coastal Commission staff.

On December 20, 2024, the City received recommended modifications to the draft LUP/IP referenced herein as Exhibit A. Coastal staff suggests allowing for some shoreline protective devices, as described in the Coastal Act, in very limited cases such as relating to coastal dependent uses and coastal access improvements. Considering that the three (3) existing developments within or within proximity to the hazards zone include specific permit

2 https://www.cityofmarina.org/1204/The-Local-Coastal-Program-LCP-Coastal-Ha 3 https://documents.coastal.ca.gov/reports/2022/11/Th7a8a/Th7a8a-11-2022-addendum.pdf 4 https://www.cityofmarina.org/DocumentCenter/View/15074/PC-Reso-24-23_LCP-Haz-amend-11-14-24-final--- executed?bidId=
requirements to remove improvements if they become subject to sea level rise (SLR) impacts, the City sees no need to include such language. The City further finds that new or redesigned existing public access improvements can be protected using the nature -based solutions in the draft LUP. For these reasons, which are further described in the Exhibit, staff recommends that the City Council respectfully refuse Coastal staff’s recommended changes in an effort to submit an amendment to the Commission that accur ately represents the City’s strong desire to keep the coast free of hard armoring and other traditional shoreline protective devices.

CONCLUSION:

The draft LCP amendments provide for modern and scientifically valid planning and development policies and standards to address coastal hazards within the City’s Coastal zone .

This amendment, once certified by the Coastal Commission and adopted in its final form by the City Council, will be in effect on its own. For ease of use, the Coastal Hazards amendment will be incorporated into the larger comprehe nsive LCP amendment that the City has begun working on.

Respectfully submitted,

_____________________
Alyson Hunter, AICP
Planning Services Manager
City of Marina

REVIEWED/CONCUR:

Guido Persicone, AICP
Director Community Development
City of Marina

Layne Long
City Manager
City of Marina

RESOLUTION NO. 2025-

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MARINA

ADOPTING THE COASTAL HAZARDS AND SEA LEVEL RISE

AMENDMENTS TO THE IMPLEMENTATION AND LAND USE PLANS OF
THE 1982 LOCAL COASTAL PROGRAM (LCP).

WHEREAS, with funding through grants from the California Coastal Commission, the City entered into a Professional Services Agreement with EMC Planning and Integral Consulting to prepare Coastal Hazard and Sea Level Rise (Hazards) amendments to the City’s 1982 Local Coastal Program (LCP);

WHEREAS, using the most current available climate science and modeling tools, Coastal Commission guidance documents, mapping programs, and community and stakeholder outreach efforts, the consultant team and City staff prepared an Existing Conditions and SLR Adaptation Report and a Social Vulnerability Assessment which helped inform the creation of draft policies and standards for the Land Use Plan (LUP) ( Exhibit A), Implementation Plan (IP) ( Exhibit B), Definitions (Exhibit C), and Appendices (Exhibit D), respectively;

WHEREAS, the overarching vision for the City’s approximately 3 -mile shoreline emphasizes managed retreat and nature -based protection measures over the installation of “hard armoring” devices such as seawalls and revetments. Staff discussed the draft policies with all of the land owners within the coastal hazards zones; none expressed concerns with this approach;

WHEREAS, staff and consultants have spent the last year creating the draft policies in the IP and LUP, consulting with Coastal Commission staff, and developing the draft amendments to the IP and LUP now before the City Council. The proposed amendments seek to prohibit hard shoreline protection devices in all cases in favor of managed retreat and nature -based shoreline protective strategies as the City’s policy in terms of addressing coastal hazards;

WHEREAS, these draft documents were presented to the Planning Commission at a noticed public meeting on November 14, 2024. The Planning Commission adopted PC Reso. 2024 -23 (Exhibit E) recommending approval of the draft to the City Council without any changes;

WHEREAS, in addition to the legal requirement of placing a legal ad in the newspaper, Staff uploaded these draft documents to the City’s website on October 15, 2024 . On that day, s taff emailed the notification of availability announcement to our landowner stakeholders and informed the general public via the City’s website and social media outlets . Furthermore, a postcard informing all residents (property owners and occupants) of the pending action and availability of draft documents was sent via USPS;

WHEREAS, if adopted by the City Council and certified by the Coastal Commission, the se policies and standards will put Marina at the forefront of statewide planning for coastal hazards and sea level rise without relying on traditional hard structures that are known to hinder natural beach processes;

WHEREAS, the findings and conclusions made by the City Council in this resolution are based upon the oral and written evidence presented as well as the entirety of the administrative record for the proposed amendments, which record is incorporated herein by this reference. The findings are not based solely on the information provided in this resolution;

WHEREAS, the City Council finds the proposed amendments not subject to environmental review per Public Resources Code (PRC), Division 13, § 21080.9, and § 15251 of the CEQA Guidelines;

NOW, THEREFORE BE IT RESOLVED by the City Council of the City of Marina that the recitals set forth herein are incorporated by reference.

NOW, THEREFORE BE IT FURTHER RESOLVED by the City Council of the City of Marina proposed amendments to the City’s 1982 LCP (as amended) are in compliance with Marina Municipal Code (MMC) 17.40.280 – Amendments, and Chapter 8.0 in the current Land Use Plan of the LCP which addresses Plan Amendments.

NOW, THEREFORE BE IT FURTHER RESOLVED by the City Council of the City of Marina that it hereby adopts the draft LCP Amendment to include Coastal Hazards and Sea Level Rise policies and implementation measures to the 1982 LCP and direct the City Manager to submit the final amendment documents to the CCC for certification.

PASSED AND ADOPTED by the City Council of the City of Marina at a regular meeting duly held on the 22nd of January 2025, by the following vote:

AYES, COUNCIL MEMBERS:

NOES, COUNCIL MEMBERS:

ABSENT, COUNCIL MEMBERS:

ABSTAIN, COUNCIL MEMBERS:

___________________________
Bruce C. Delgado, Mayor
ATTEST:

________________________
Anita Sharp, Deputy City Clerk

Exhibit A

Land Use Plan (LUP)

Also available online:

https://www.cityofmarina.org/DocumentCenter/View/14972/Redline-Marina-LUP-Hazards- Policies_PUBLIC-REVIEW-DRAFT_LUP-Haz-Policies_10-15-24?bidId=

Exhibit B

Implementation Plan (IP)

Also available online:

https://www.cityofmarina.org/DocumentCenter/View/14971/Redline---Marina-IP-Hazards- Policies_PUBLIC-REVIEW-DRAFT_IP-Haz-Policies_10-15-24?bidId=

Exhibit C

Definitions

(Note: the draft definitions in blue font (below) have been added since the 12/14/23 Planning Commission meeting. They are specific to the Coastal Hazards/SLR amendments, and are intended to supplement existing definitions in the 1982 LCP. If approved, they could be incorporated into the larger comprehensive LCP update currently underway)

Existing Development: An “existing development” means any structure or development lawfully in existence post January 1, 1977, and currently existing within the coastal zone. (Added by PC, 12/14/23)

Pre-Coastal Act Development: A “Pre-Coastal Act development” means a structure or development lawfully in existence prior to the effective date of the Coastal Act (January 1, 1977) that has not been redeveloped since.

Shoreline Protective Device: Structures along the shoreline that are used to protect development against coastal hazards, including but not limited to seawalls, revetments, gunite, sheet piles, breakwaters, groins, bluff retention devices, retaining walls, and pier/caisson foundation and/or wall systems.

Redevelopment: A structure shall be considered redeveloped, whereby the structure is no longer considered an existing structure and instead the entire structure and all development on the site must be made to conform with all applicable LCP policies, when such development consists of:
(1) Alteration (including interior and/or exterior remodeling and renovations, demolition or partial demolition, etc.) of 50% or more of the major structural components (including exterior walls, floor and roof structure, and foundation) of such development. (2) Additions and alterations to such development that lead to more than a 50% increase in floor area for the development. Changes to floor area and individual major structural components are measured cumulatively over time from January 1, 1977.

Coastal Hazards: Including but not limited to, episodic and long-term shoreline retreat, dune recession and coastal erosion, high seas, ocean waves, storms, tsunami, coastal flooding, landslides, bluff and geologic instability, and the interaction of same, and all as impacted by sea level rise.

Development: As used in these policies, "development" is synonymous with "new development" and shall include construction of entirely new structures (whereby the policies apply to the entire new structure), additions to existing structures (whereby the policies apply only to the addition itself), and redevelopment (whereby the entire structure shall be considered new development subject to all applicable coastal hazards policies).

Can be found online at:

https://www.cityofmarina.org/DocumentCenter/View/14980/Proposed-Draft-Hazards- Definitions?bidId=

Exhibit D

Technical Appendices

On file with the Community Development Dept. and online at:

https://www.cityofmarina.org/DocumentCenter/View/14973/LUP-Appendices-11-14-24?bidId=

Exhibit E

Planning Commission Reso. No. 2024-23

On file with the Community Development Dept. and online at:

https://www.cityofmarina.org/DocumentCenter/View/15074/PC-Reso-24-23_LCP-Haz-amend-11- 14-24-final---executed?bidId=

Exhibit 1

Coastal Commission Staff Suggested Modifications (black) and City Staff Responses (red) Received December 20, 2024

LUP HAZ-1: “It is the intent of the Local Coastal Program to strongly discourage the use of ensure that no shoreline protective devices and to only allow them subject to very limited circumstances and exacting criteria are utilized for new or existing development.”

It is the City’s view that no shoreline protective devices (other than those nature -based approaches described in LUP HAZ -7) shall be allowed under any circumstances . This strong stance is supported by the Coastal Commission’s own Condition of Approval (COA) #14 pertaining to the CalAm CDP (A -3-MRA-19-0034) approved on November 17, 2022, and by the City’s issuance of a CDP for the MCWD small desal plant at 11 Reservation Rd., on November 27th, 1995. Both of these actions forbid future armoring of facilities that may become subject to damage due to coastal hazards such as sea level rise (SLR). Furthermore, the City’s 1996 CDP issuance for the Sanctuary Beach Resort on Dunes Dr. includes a finding that prohibits future shoreline protection in favor of managed retreat. There are currently no public or private facilities within the mapped hazards zone that would require protection. The City, therefore, finds the inclusion of such policies unnecessary.

LUP HAZ-4: “…; and shall avoid shoreline protection devices consistent with Policy HAZ-6.”

The City declines to incorporate the above modification to LUP HAZ -4 or the modifications to LUP HAZ -6 below given the explanation provided above in reference to LUP HAZ -1. If no shoreline protective devices (i.e., hard-armoring, etc.) are allowed, the following criteria for their development is not necessary.

LUP HAZ-6: Replace with the following:

Shoreline protective devices shall only be allowed if they meet all of the following criteria:
a) Allowable Shoreline Protective Devices. The shoreline protective device is required: (1) to serve a coastal -dependent use (e.g., certain public coastal access infrastructure such as beach stairways/paths); or (2) to protect a public beach in danger of erosion; or (3) to protect an existing principal structure that was legally constructed on or before January 1, 1977 (and that has not been changed in a way that constitutes redevelopment) and that is in danger from erosion (i.e., would be unsafe to use or occ upy within two storm seasons)).
b) Least Damaging Alternative. The shoreline protective device is the least environmentally damaging feasible alternative. Hard armoring (such as seawalls) shall only be allowed if other strategies (such as relocation; nature-based adaptation strategies like dune enhancement projects, beach nourishment, vegetative planting, drainage control and landscape improvements; and hybrid strategies) are not feasible, less environmentally damaging alternatives.
c) Design Standards. All shoreline protective devices shall be sited and designed to both avoid coastal resource impacts and enhance coastal resources to the maximum extent feasible, and to mitigate for any unavoidable coastal resource impacts if full avoidance is infeasible.

Potential impact avoidance or minimization measures include reducing the footprint of the structure, enhancing visually blighted conditions, increasing beach width, restoring/enhancing habitat value, and integrating new access features/opportunities.
d) Mitigation. Proportional mitigation is required for all unavoidable coastal resource impacts, including with respect to impacts on shoreline sand supply, sandy beaches, public recreational access, public views, natural landforms, and water quality. Proportional “in lieu” fees may be used as a tool for impact mitigation if in -kind options (such as developing new public access facilities commensurate to offset the access impacts identified) are not feasible, and if such fees are deposited into an interest be aring account managed by the City or an appropriate public or non -profit entity and used to address the project’s impacts, such as by being used for coastal adaptation projects or programs, including public coastal recreational access improvements. Impact mitigation shall be evaluated and required in 20 -year increments, with CDP amendments required beyond the 20-year term.
e) Monitoring. Shoreline protective devices shall be regularly monitored (at least once after any significant storms) by a civil engineer and/or engineering geologist familiar and experienced with shoreline protective devices and processes, and monitoring reports reflecting such evaluation shall be completed and submitted to the Executive Director and City every five years, and shall at a minimum cover all aspects of the repair and maintenance provisions specified below.
f) Repair and Maintenance. The shoreline protective device shall be repaired and maintained as necessary to ensure that it continues to exist in its approved and/or required state (including CDP requirements pertaining thereto), particularly in relation to ensuring the continued utility and function of the design standard requirements above. However, alterations that result in a 50% replacement of the armoring shall not be considered repair and maintenance but instead a replaced/redeveloped armoring device whereby the entire device shall be reviewed against the LCP as if it were new.
g) Armoring Duration. The shoreline protective device shall only be authorized until the time when the existing principal structure or coastal dependent use that is protected by such a device: (1) is no longer present; (2) no longer requires armoring; or (3) is redeveloped and no longer is considered an existing principal structure. Permits for shoreline protective devices shall require that permittees submit and diligently pursue a CDP application to remove the authorized shoreline protective device within si x months of a written determination by the City (if the City was the permitting authority for the shoreline protective device) or the Coastal Commission’s Executive Director (if the Commission was the permitting authority for the shoreline protective device) that the shoreline protective device is no longer authorized to protect the structure or use it was designed to protect.

In the case of coastal redevelopment of a previous existing structure, removal of the authorized shoreline protective device and res toration of the affected area shall be required as part of construction of the redeveloped structure.
h) Emergency Authorization. In cases of emergency, an emergency shoreline protective device may be approved on a temporary basis, and only under the condition that the device is required to be removed unless a regular CDP is approved for retention of the structure. In such cases, a complete CDP application shall be required to be submitted within 60 days following construction of the temporary emergency shoreline protective device, unless an alternate deadline is authorized by the Planning Director for good ca use, including continued good faith efforts toward submittal of such application. Any such temporary emergency shoreline protective device shall be consistent with all LCP shoreline protective device standards, including in terms of avoiding coastal resource impacts to the maximum possible extent. Mitigation for impacts will be required through the regular CDP process, including mitigation commensurate with the duration of impacts caused by the emergency temporary device. The City shall notify the Executive Director upon receipt of a request for an emergency shoreline protective device within the City’s CDP jurisdiction.

Policy HAZ-9: “This may include relocation to sites inland and away from any significant coastal hazards threat to avoid the need for any shoreline armoring and, notwithstanding other dune ESHA protection policies, (e.g., the City shall work with State Parks to pursue measures to relocate the existing public parking and restroom structures at the present location of the Marina State Beach Parking Lot to a site outside of the projected erosion hazards zone ), and restoration of the site to dune/beach habitats.

The City accepts above modification to HAZ-9.

LUP Definitions:

Existing Development: An “existing development” means any structure or development lawfully in existence post January 1, 1977 and currently existing within the coastal zone.

Pre- Coastal Act Existing Development: An “Existing Pre-Coastal Act development” or “Existing structure” means a structure or development lawfully in existence prior to the effective date of the Coastal Act (January 1, 1977) that has not been redeveloped since.

City accepts the Coastal Act definition as provided by Coastal Commission staff above. Given that there are no developments or structures within the hazards zone that predate January 1, 1977, other than MCWD’s former WWTP facility and associated outfall that are proposed for eventual removal, this definition does not impact the City of Marina.

IP Purpose: “…and to ensure that no shoreline protective devices are only utilized subject to very limited circumstances in the future…”
The City declines to incorporate this modification given the explanation provided above in reference to LUP HAZ-1.

IP III.F: Shoreline protective devices are prohibited only allowable in the Marina coastal zone when found consistent with LUP Policy (HAZ-6).

The City declines to incorporate this modification given the explanation provided above in reference to LUP HAZ-1.

IP V.A: The City shall work with the following entities on coastal hazards resiliency planning, including the preparation of a Coastal Hazards Response Plan, when certain triggers are met, including the following (or as identified as part of any CDP conditions):

The following entities shall be responsible for monitoring the following areas along it’s the shoreline to determine whether adaptation triggers have been met. (HAZ 13) and report these monitoring results annually to the City (HAZ - 9,12,13). There a re two adaptation triggers identified for each of the vulnerable properties. The first is a trigger to produce a Coastal Hazard Response Plan. The second trigger requires implementation of the plan or face penalties. Penalties could include fines, red tagging and/or cease and desist orders. These triggers and conditions shall apply to, at a minimum (or as otherwise identified in any CDP condition):

The City declines the removal of the language in IP V.A above because it explicitly (rather than implicitly) outlines potential penalties that the City may apply for nonconformance.

IP V.B: “Monitoring , including as required by any CDP condition, shall occur once per year and following storm events…”
The City accepts above modification to IP V.B.

January 16, 2025 Item No. 11b
Mayor and Members of the City Council Meeting
City Council of January 22, 2025
OPEN A PUBLIC HEARING, AND INTRODUCE ORDINANCE NO. 2025-, ESTABLISHING CHAPTER 12.13, DOG PARK RULES AND
REGULATIONS, IN TITLE 12 OF THE MARINA MUNICIPAL CODE TO REGULATE CONDUCT IN AND USE OF DOG PARKS. FIND THE
PROPOSED ORDINANCE IS NOT A PROJECT UNDER CEQA .

RECOMMENDATION:

Staff recommends that the City Council consider:

1. Opening a public hearing and introducing Ordinance No. 2025- (EXHIBIT A), establishing Chapter 12.13, Dog Park Rules and Regulations, in Title 12 of the City of Marina Municipal Code; and

2. Finding the proposed ordinance is not a project under CEQA.

BACKGROUND
Until recently, City of Marina did not have any parks designated for the exclusive purpose of exercise and recreation by dogs. However, the City opened its first dog park at “Hilltop Park” on December 6, 2024 and plans to open additional dog parks in the future.

ANALYSIS
Dog parks provide numerous benefits for dogs, including opportunities for socialization with other dogs, significant physical exercise through free play, mental stimulation from new environments and smells, and can even foster a sense of community among dog owners by allowing them to connect and socialize with each other.

However, dog parks can be problematic if not properly managed. Canine behavior has the potential to be unpredictable. Owners have different levels of understanding about canine behavior and proper training. The health and welfare of dogs is also important.

For the proper management and enjoyment of all dog park users, it is necessary to establish rules & regulations for conduct, use, and enforcement for dog parks.

On January 8, 2025 , the Recreation & Cultural Services Commission reviewed the proposed rules and regulations, and recommends City Council adopt the proposed ordinance.

FISCAL IMPACT
There is no fiscal impact.

California Environmental Quality Act (CEQA)
Opening a public hearing, taking public comment, and introducing this ordinance is not a project as defined by the California Environmental Quality Act (CEQA) per Article 20 Section 15378 and under General Rule Article 5 Section 15061.

CONCLUSION
This request is submitted to the City Council for consideration and input. 1 Respectfully submitted,

________________________
Andrea Willer, Ed.D.

Recreation & Cultural Services Director
City of Marina

REVIEWED/CONCUR:

________________________
Layne Long
City Manager
City of Marina

2 EXHIBIT A

ORDINANCE NO. 2025-____
AN ORDINANCE AMENDING TITLE 12 TO ADD A NEW CHAPTER, CHAPTER 1.13-

DOG PARK RULES AND REGULATIONS, TO THE MARINA MUNICIPAL CODE TO REGULATE CONDUCT AND USE OF CITY DOG PARKS.
-oOo-

1. Until recently, City of Marina did not have any parks designated for the exclusive purpose of exercise and recreation by dogs. However, the City opened its first dog park at “Hilltop Park” on December 6, 2024 and plans to open additional dog parks in the future.

2. Establishing regulations in Title 12 (Streets, Sidewalks and Public Places) of the Marina Municipal Code (MMC) would allow dog owners to enjoy use of dog parks and ensure City Staff have adequate tools to manage conduct and use of dog parks in the City of Marina.

3. The proposed ordinance, if approved and implemented, would establish the definitions, rules and regulations, and enforcement of dog parks.

4. On January 8, 2025, the Recreation & Cultural Services Commission, reviewed the proposed rules and regulations and recommended City Council adopt the proposed ordinance.

5. Environmental. In accordance with the California Environmental Quality Act (CEQA), this ordinance is not subject to CEQA pursuant to the State CEQA Guidelines, California Code of Regulations, Title 14, Chapter 3, Section 15061(b)(3), because the proposed ordinance is covered by the general rule that CEQA apples only to project which have the potential for causing a significant effect on the environment. Therefore, the adoption of this ordinance is exempt from CEQA and no further environmental review is necessary.

NOW, THE CITY COUNCIL OF THE CITY OF MARINA DOES HEREBY ORDAIN AS FOLLOWS:

SECTION 1. The foregoing recitals are adopted by the City Council as though set forth fully herein.
3 SECTION 2. The City Council of the City of Marina determines the proposed ordinance amendment is not a project pursuant to CEQA Guideline Section 15061(b)(3).

SECTION 3. Severability. If any portion of this Ordinance is found to be unconstitutional or invalid the City Council hereby declares that it would have enacted the remainder of this Ordinance regardless of the absence of any such invalid part.

SECTION 4. The City Manager is directed to execute all documents and to perform all other necessary acts to implement this Ordinance.

SECTION 5. Effective Date. This Ordinance shall be in full force and effect thirty (30) days after its final passage and adoption.

The foregoing Ordinance was introduced on January 22, 2025, and passed and adopted by the City Council of the City of Marina at a regular meeting duly held on ________, 2025, by the following vote:

AYES: COUNCIL MEMBERS:

NOES: COUNCIL MEMBERS:

ABSENT: COUNCIL MEMBERS:

ABSTAIN: COUNCIL MEMBERS:

_____________________
Bruce C. Delgado, Mayor

ATTEST:

_________________________
Anita Sharp, Deputy City Clerk

4 Chapter 12.13
Dog Park Rules & Regulations

12.13.010 Purpose

12.13.020 Definitions

12.13.030 Applicability of chapter – Use of dog park

12.13.040 Dog park rules & regulations

12.13.050 Violations – Enforcement

10.13.010 Purpose
The purpose of this chapter is to establish rules & regulations for conduct, use, and enforcement for dog parks.

10.13.020 Definitions
For purposes of this chapter:

(a) “Director” means the Recreation and Cultural Services Director or their designee as the person responsible for administering the provisions of this chapter.

(b) “Dog” shall mean and include any canine (Canis familiaris).

(c) “Dog Park” shall mean and include a fenced area of any city park, or any portion of a city park or any other city-owned land approved and designated by the city council for the exercise and recreation of dogs, including areas designated off-leash by city signage.

(d) “Owner” means a person either owning or having the charge, care, control, possession or custody of a dog.

(e) “Vicious dog” means (i) any dog that bites or attempts to bite any human or dog without provocation, or which has a disposition or propensity to attack, bite or menace any human or dog without provocation and endangers the health and safety of any person, or (ii) any dog previously declared vicious by an animal control officer or pursuant to any other state or local law.

12.13.030 Applicability of chapter—Use of dog park.

(a) The prohibition set forth in section 12.12.030 of this Code against having a dog in any city park shall not apply to dogs which are in a dog park designated by the city council for the exclusive purpose of exercise and recreation by dogs and so long as the rules and regulations with respect to the use of the dog park set forth in this chapter are followed.

(b) The hours that members of the general public and dogs may be in Dog Parks shall be set at the discretion of the Director and posted on signage at the entrance(s) to a Dog Park.

12.13.040 Dog park rules and regulations.

The following rules and regulations apply to the use of any dog park:
(a) The sole or primary purpose of a Dog Park is for the exercise and recreation by dogs that are under the control of an adult and for no other use or purpose. 5 (b) Use of any area designated as a “Small Dog Park area” is limited to dogs weighing 30 pounds or less.
(c) Use of any area designated as a “Large Dog Park area” is limited to dogs weighing over 30 pounds.
(d) Children under the age of 13 must be accompanied by an adult. (e) All dogs must be licensed, vaccinated, and wearing a collar with appropriate tags. (f) Dogs under 4 months of age are not permitted in the park. (g) Female dogs in heat are not permitted in the park.
(h) Dogs must be on leash when entering and exiting the off-leash dog area. (i) Owners must have possession of the dog leash at all times. (j) Food (for dogs and owners) is prohibited.
(k) Dogs must be under control and in view of their owner at all times. (l) Vicious dogs are not permitted in the park.
(m) Aggressive dog behavior is not allowed. The owner of any dog exhibiting aggressive or unruly behavior, such as growling, snarling, snapping, lunging, biting, humping, or hysterical barking, is required to immediately remove the offending animal. (n) Owners must clean up after their dogs by immediately picking up and disposing of their dog’s feces in the provided waste receptacles.
(o) No more than two dogs per owner are permitted.
(p) Owners must be in the park, within view of, and be able to maintain voice and/or physical control of their dog(s) at all times.
(q) Dogs must never be left unattended.
® Owners are personally liable for their dog(s) and any damage and/or injury caused by their dog(s).
(s) Users of the facility do so at their own risk. The City of Marina shall not be liable for any injury or damage caused by any dog .
(t) The City of Marina reserves the right to close the facility for maintenance and repair.

6 12.13.050 Violation—Enforcement.

Any city employee may request anyone who violates a posted rule to leave the dog park. It is unlawful for any person to fail to leave the dog park for violating any posted rule after being requested to do so by a city representative.

It shall be unlawful for any person to violate or fail to comply with the provisions of this chapter.

Violation of or noncompliance with this chapter shall constitute a crime punishable as a misdemeanor or infraction in the discretion of the city attorney, or may be punished as an administrative matter in accordance with the civil fines and the administrative procedures for the imposition, enforcement, collection, and administrative review of civil fines set forth in Chapter

1.12 of this Code.

The remedies and penalties provided herein are cumulative, alternative, and nonexclusive. The use of one does not prevent the use of any other criminal, civil, or administrative remedy or penalty authorized by, or set forth in, this Code or under state statute which may be available to enforce this chapter or to abate a public nuisance.

1855263.2

7 1
The Final Report of the Marina Diversity, Equity and Inclusion Task Force
January, 2025
History of “DEI Systemic Racism Study”:

In the City of Marina budget cycle, the “Systemic Racism Study” was placed on the budget priorities in 2019 by unanimous vote of the Council. In 2021, a Councilmember enacted the Two Step process of agendizing a change from a Systemic Racism Study to “education on racism”. The first Two Step public hearing occurred with concerns being voiced from the dais against it; there was no follow-up to later agendize the topic. With a newly elected council in 2020, the Council appointed K. Biala in Oct. 2023 to head up a Task Force on the Systemic Racism Study. In Feb. 2024, the first of six monthly DEI Task Force meeting was conducted.

From an extensive potential invitation list for community volunteers , ten community leaders for the Task Force were initially chosen. Qualifications for membership: a) Members must have had leadership experience with DEI, b) Task Force members must approximate the overall racial demographics of Marina of 2/3 people of color and c) members must be residents of Marina, except two member s could be non -residents (chosen for their special expertise in the field of DEI).

One member was appointed to the 10 member DEI Task Force, and attended the first meeting; consequently, this person was appointed to fill a vacancy on the Marina City Council. With the Brown Act restrictions, only two councilmembers can participate in any one committee, so L. Visscher and K. Biala remained as members; no replacement was sought and the Task Force had a final membership of nine.

The DEI Task Force final membership roster:

Co-Chair Kathy Biala, (Japanese American), City of Marina Councilmember; President of Asian Communities of Marina (ACOM); resident of Marina
Co-Chair Layne Long, (Caucasian American), City of Marina City Manager ; resident of Marina
Yuri Anderson (African American) , Chief of Staf f-Fourth District, County of Monterey Board of Supervisors ; Monterey Peninsula College Board Chair, District 2 ; resident of Marina
Kim Bui (Vietnamese American), Pacific Grove DEI Task Force Chair; resident of PG Agenda Item: 13a
January 22, 2024
2 John Ferreria (Fi lipino American) , Attorney, Monterey County District Att orney Office :
resident of Marina
Randy Hopkins (African American), City of Marina Chief of Police; Marina resident Jacinto Salazar (Hispanic American) , IDEAA (Inclusivity, Diversity, Equity, Anti-racism, and Accessibility) Director, Monterey Peninsula College; resident of Marina Liesbeth Visscher (Caucasian American, first generation from Netherlands) , Mayor Pro Tem, City of Marina; resident of Marina
Joanna Wong , Ph.D. (Chinese American) , Associate Professor, CA State University, Monterey Bay (CSUMB), College of Education; resident of Monterey.

3 Definition of DEI for the Marina DEI Task Force:

For the purposes of the Task Force, the group created and adopted the following definitions of diversity, equity and inclusion:

Diversity: The myriad of ways in which people differ, including the psychological, physical, cognitive, and social differences that occur among all individuals, such as race, ethnicity, nationality, country of origin, linguistic backgrounds, indigenous identity, socioeconomic statu s, religion, economic class, education, age, gender, sexual orientation, marital status, mental and physical ability, and learning styles. Diversity is all inclusive and supportive of the proposition that everyone and every group should be valued. It is about understanding these differences and moving beyond simple tolerance to embracing and celebrating the rich dimensions of our differences.

References:

Department of Epidemiology. (2017). Equity, Diversity, and Inclusion Committee.

University of Washington School of Public Health. Retrieved August 5, 2020, from https://epi.washington.edu/sites/default/files/DEI%20Glossary%20Word.pdf .

4 Equity: The condition under which individuals are provided the resources they need to have access to the same opportunities, as the general population. Equity accounts for systematic inequalities, meaning the distribution of resources provides more for those who need it most. Conversely equality indicates uniformity where everything is evenly distributed among people.

References:

Equity. (n.d.). National Association of College and Employers. Retrieved August 10, 2020, from
https://www.naceweb.org/about-us/equity-definition/.; Mann, B. (2014). Equity and equality are not equal. The
Education Trust. Retrieved September 3, 2020, from https://edtrust.org/the-equity- line/equity-and-equality-are-notequal/

Inclusion: The intentional, active, and ongoing process of bringing traditionally excluded individuals and/or groups into social groups/communities, processes, activities, and decision and policy -making in a way that fosters engagement/interaction and shares representation and power.

References:

Gilson, C. B., Gushanas, C. M., Li, Y., & Foster, K. (2020). Defining inclusion: Faculty and student attitudes regarding postsecondary education for students with intellectual and developmental disabilities. Intellectual & Developmental Disabilities, 58(1), 65 81. https://doi-org.ezproxy.losrios.edu/10.1352/1934-9556-58.1.65 The objectives of the Task Force:

The important Task Force represents the sentiments of the current Council to tackle head-on the complex goal of establishing a true and lasting commitment of our city to provide equity and inclusion in our local governmental systems, enhancing diversity of racial minorities, and seeking outreach to include heretofore marginalized communities in all aspects of the work of our government. This objective is a critical component of what makes Marina a special place for all our residents that will promote creativity and innovation based on DEI.

The DEI Task Force will develop a working framework for embedding DEI into the organizational structure, policies, and practices of the City of Marina as an organization. The Task Force will produce recommendations to the City Council at the conclusion of its work and these will be made public at a regularly scheduled City Council meeting.

5 The Format of the Task Force:

The Task Force met on Saturdays from 9:00 am -11:00 am on Feb. 17, March 16, May 18, June 15, 2024; the last meeting was held on Sat. October 19, 2024, due to conflicting summer scheduling issues. Few absences occurred and no member was absent more than once.

During each meeting, identified categories were discussed based on the San Luis Obispo document entitled:

RECOMMENDATIONS TO CITY COUNCIL FOR ADVANCING DIVERSITY, EQUITY

AND INCLUSION IN THE CITY OF SAN LUIS OBISPO
Diversity, Equity & Inclusion Task Force
January 12, 2021

APPENDIX B: INFORMAL RECOMMENDATIONS & IDEAS – SOURCE
COMPILATION pp 14-22

Page 14 ends

The following is a compilation of informal recommendations, ideas and suggestions generated during the DEI Task Force’s time in service. They came from a variety of sources: Learning Session presenters, task force members’ experiences, community suggestions, staff input, city models, best practices, etc.

Staff compiled and organized this “laundry list” of recommendations et . al. for utility only – none are ranked or evaluated in the following; they are just listed. This compilation was used to assist the task force as it started to develop its final recommendations for advancing DEI within San Luis Obispo.

The recommendations and ideas (in either column) were not voted on by the task force, nor do the lists imply unanimous agreement or consensus. They do, however, reflect the breadth and diversity of actions the task force considered.

The Marina DEI Task Force chose to focus on the categories listed in the SLO Appendix B as the initial framework for discussions (not the specific recommendations as our agencies are significantly different). From the comprehensive focus areas, the Task Force reviewed, discussed and developed actionable and specific recommendations for the City of Marina. All items discussed were kept in an updated list and approximately the top 25% of each Focus Area category items were chosen in a rank order priority determination. The below represents the top rank ordered recommendations in each of the Focus Area Categories.

Rank Order List I:
• Focus Area: City Structure and Organization
• Focus Area: BIPOC (Black, Indigenous, People of Color) Communities-Public Visibility & Representation

6 Priority #1
Ensure that city results of any initiatives’ outreach are credible in terms of inclusivity and equity of the numbers of respondents/participants, etc.; If not, then re-survey, or consider alternative data analyses (isolate BIPOC survey results), or re-open deadlines to achieve equitable representation of respondent racial groups.

Examples: In a survey of 115, wit h white respondents being 65%, conclusions of “Marina’s preferences” should not be made. A community survey with 647 respondents but 59% of survey respondents are white but the population of whites in Marina is 35% requires the BIPOC respondents’ response s be analyzed separately on key survey items such as Diversity and Social Equity. All surveys should have a racial breakdown that includes percentages of respondents by race compared to percentage of general racial categories in the Census data for Marina.

Priority #2
As a foundational benchmark for DEI, city will track racial data for all employees (departments and leadership)/councilmembers. Implement a system of metrics to evaluate the effectiveness of DEI initiatives within city operations. This includes setting clear goals and regularly reporting on progress to ensure accountability.

A. Conduct a comprehensive baseline assessment of current DEI efforts and outcomes across all city departments.

B. Set specific, measurable, achievable, relevant and time-bound (SMART) goals for DEI integration and outcomes.

C. Implement a system for regular reporting on DEI metrics to city management and the public, including quarterly updates and an annual DEI progress report.

D. Use the data collected to identify areas for improvement and adjust strategies accordingly. Hold departments accountable for meeting DEI objectives through performance evaluations and recognition programs.

Priority #3
Ensure that any affordable housing unit application interviews, rentals or home sales include proportional BIPOC individuals for properties under the Marina Housing Element; ensure adequacy of outreach and clear outcome information.

Priority #4
Adopt a tool for scoring of racial equity to be used for budget (Capital Improvement Projects), city services, agreements, projects, etc.; this tool will be intentionally applied to critical city decision making and initiatives.

Priority #5
City implements a long -term commitment for reaching marginalized communities of color on a consistent basis; develop a format that is safe to ask questions, to receive information in ways that can be understood, to regularly meet with city staff, recognizing trusting relationships must develop over an extended period of time that starts now. Prevents “using” BIPOC groups only when we need them to give feedback on a specific project.

Priority #6
Develop a volunteer body to oversee DEI issues, possibly converting current DEI Task Force into a standing committee reporting directly to City Manager/Council; possibly quarterly meeting. This body would be comprised of members from various 7 community groups, including underrepresented populations. This panel would provide input and feedback to all DEI city related projects and initiatives.

A. Develop a transparent process for nominating and selecting members of the advisory panel, ensuring as diverse representation as possible across race, ethnicity, gender, sexual orientation, age, and disability status.

B. Provide comprehensive orientation for panel members of expectations, and the city’s current DEI initiatives and challenges.

C. Schedule regular meetings for the panel to review city projects and initiatives, providing a platform for discussion and feedback.

D. Organize town halls and listening sessions facilitated by panel members to gather broader community input and perspectives on DEI issues.

E. Task the panel with producing an annual report on their activities, findings, and recommendations for the city council and public review.

Rank Order List II:
• Focus Area: City Policies & Practices

Priority #1
Carefully word city job posting language that speak to the DEI goals rather than the recruitment of specific persons e.g. reach constituents in historically marginalized communities to participate in key governmental initiatives. The outreach for recruitment of minority applications can be expanded to hiring consultant from relevant alumni associations; promote internships that allow in-person demonstration of skills and strengths and not just from standard interview processes. Groups with proven track re cords to access BIPOC applicants can be accessed, such as HBCU (Historical Black Colleges & Universities).

Priority #2
Insert City DEI values statements/commitment into General Plan Vision and Guiding Principles. Create strong, clear goals, vision, and mission around DEI; e.g. “Social justice is our value”. Clear, uncompromising message from Council that attitudes of racism, discrimination are not acceptable.

Priority #3
Adopt policy and practices to promote underrepresented communities to have seat on City-controlled commissions, boards, advisories, committees.

For example, CA AB979 attempts to create more opportunities for underrepresented communities. Currently, Marina has interview questions related to proven experience in DEI are asked for city positions candidates (but not for Commissioners). The City does specific outreach to potential applicants of color in wide geographical regions , rather than traditional postin g and emails about vacancies. However, there are no points given for candidates with higher experience involvement with DEI.

8 Priority #4
Ensure that the pool of applicants is representative of the population served (if not, re -open or delay search until criteria met). The search committee, can include a DEI representative with recognized qualifications from outside the organization. The representative initial pool of qualified applicants is critical to the hiring process if the goal is to be intentional about diversity and inclusion. A non-voting DEI expert can assist with the process and methods of establishing an appropriate candidate pool e.g. vetting the types of interview questions to be asked.

Priority #5
Ensure that job descriptions do not eliminate viable candidates due to education or experience criteria. Candidates who can meet the job description criteria post hiring, or alternative experience criteria can be a way to recruit non- traditionally qualified persons who may become excellent employees if given an opportunity for hire.

Rank Order List III:
• Focus Area: City -led Economic Development/Minority Business Support & Attraction
• Focus Area: City-sponsored Activities-Promoting Awareness & Inclusion • Focus Area: Multi-cultural Center/ Safe Space/ A Hub/ Cultural Center

Priority #1
Begin outreach to minority businesses in small group discussion for needs assessment hosted by City with assistance from minority civic associations.

Priority #2
Create incentives for qualifying businesses such as incentives for remodel/ expansion/ compliance to DVSP (Downtown Vitalization Specific Plan) criteria, expedited permitting, etc.

Priority #3
Focus first on existing minority businesses , e.g. racial minority/women owned businesses with the idea that money stays in Marina with a local focus rather than promoting big box stores; to also curb the gentrification and displacement that can occur.

Priority #4
Establish a tool for City “Community Outreach Guide” that, in a checklist format, specifies necessary minimal types of outreach for minorities for all City programming/services/events.

Priority #5
City to continue to update the Marina Restaurant Guide.

9 Priority #6
Develop ways to incentivize improvements under “non-conforming uses” once DVSP approved. Keep in mind the phrase “Nothing for us, without us”.

Rank Order List IV:
• Focus Area: Law enforcement/Marina Police Dept/Community • Focus Area: City as Influencer

Priority #1
Compliance with all the mandatory training/Policy & Procedures. Every police department has a myriad of legal mandates to implement and to uphold e.g. ABLE (Active Bystander Law Enforcement, De -escalation training, RIPA - Racial ID Profiling Act ), etc. However, the public should know about the general responsibilities, as well as have a transparent report card of Marina’s P olice Department specifically. Goal is to not just meet minimal standards but to enact other interventions designed specifically for a local community that goes beyond minimum standards.

Priority #2
Transparency of current functioning of police dept. Explain/post RIPA link on Marina website (Racial Identity Profiling Act); include this in the Annual Police Report presented to the public.

Do a community survey on perception of how Police is doing. Absolute need for the survey to reach POC and disadvantaged communities if such a survey were conducted, otherwise it is an invalid study and no conclusions should be drawn from this.

Priority #3
Building Trust. Our goal is not to “eliminate racism” but rather to acknowledge its reality, ameliorate, restore and prevent racially motivated incidents/practices.

Term used is “Procedural justice”. Due to power imbalances, it is more incumbent upon police to bridge trust issues. Even training police to interact with a smile and friendly disposition first is useful . Regular outreach to marginalized communities through civic, school, non -profit community organizations (including churches, temples, etc.) is recommended.

Priority #4
Community Policing. To augment current police officer personnel, hire 2 Community Service Officer s (CSO ) to handle non -violent and non -emergency situations, including homeless e ncampments. These CSOs can be assigned specific communities to promote consistent, friendly, dedicated police representatives available for dialogue and conversations, create an accessible presence for youth.

10 Conclusions:

At the final meeting, the group expressed the importance of the Task Force work of ensuring that inclusion, diversity and equity will be valued, demonstrated and celebrated in all the City of Marina’s governance, governmental public service and community work.

People of all ages from diverse and historically underrepresented communi ties will be welcomed, involved, recognized and served.

We wish to sincerely thank the dedicated nine member DEI Task Force that deliberated with open and sincere dialogue about difficult topics, holding respect for all opinions, and committing to this important t ask by giving up valuable family and weekend time to produce these results. Without such highly qualified and diverse members, the DEI Task Force could not have accomplished such meaningful results. It is the recommendation of this Task Force that the work of the DEI Task Force be continued for implementation by forming a committee of the City Council to regularly meet and report back to the Council to approve actions.

This report will be submitted to the Marina City Council in January of 2025 for review and determination of next steps.

January 15, 2025 Item No. 13b

Honorable Mayor and Members City Council Meeting of the Marina City Council of January 22, 2025

City Council consider a dopting Resolution No. 2025, authorize the City Manager to execute a Public Improvement and Reimbursement Agreement for the rehabilitation of the City of Marina Arts Village Project.

THE STAFF REPORT FOR THIS ITEM
WILL BE PRESENTED AT THE COUNCIL MEETING ON JANUARY 22, 2025 January 21, 2025 Item No. 13c

Honorable Mayor and Members City Council Meeting
of the Marina City Council of January 21, 2025

CITY COUNCIL CONSIDER INTRODUCING ORDINANCE NO. 2025,
AMENDING ORDINANCES NOS. 90-8, 86-6, 85-3, AND 79-12 TO REVISE

THE COMPENSATION FOR MAYOR AND COUNCILMEMBERS

REQUEST:

It is recommended that the City Council consider:

1. Consider introducing Ordinance No. 2025-, amending Ordinances Nos. 90-8, 86-6, 85-3, and 79-12 to revise the compensation for mayor and councilmembers

2. Provide direction regarding Mayor and Councilmember benefits.

BACKGROUND:

The attached ordinance (EXHIBIT A – Proposed Ordinance) is based on the direction from Council at the March 5 th, 2024 meeting, to set the salary for the Mayor at $2,250 and Councilmembers at $2,000 per month. After Council discussion, a motion was passed directing staff to conduct further research regarding benefits packages, including current benefits offered to City employees.

As previously noted in the March 5 th, 2024 report, the City of Marina is a charter city under California state law. Under the city’s charter, the City Council has the authority to adopt an ordinance to increase salary for the mayor and city councilmembers.

The salary for the mayor and city councilmembers was last increased almost 34 years ago on September 4, 1990. (EXHIBIT C, Ordinance No. 90-8). Since that time, the cost of living alone has increased more than 300%. Additionally, as the city has grown in population and complexity, the hours required, and resources needed to prepare for and attend city council meetings and perform other functions of the city council have increased significantly. The current salary for the mayor is set at $250 per month and a city councilmember at $200 per month. These salaries are some of the lowest in the Monterey County area.

The California Legislature recognized this problem in 2023 and adopted Senate Bill 329 (Dodd) which authorized general law city council’s to be able to enact an ordinance to provide a salary for a mayor and councilmembers based upon the population of the city and authorized th e ability for that amount to be increased to not exceed 5% for each calendar year from the operative date of the last adjustment of the salary.

While the City of Marina is not a general law city and thus SB 329 is not applicable, as a reference point, SB 329 authorized cities with populations up to 35,000 to pay their city councilmembers salaries up to $950 per month. The goal of the bill was to address recent inflationary increases and economic realities and remove barriers to achieving more equitable representation in local government by making it easier for public servants to balance careers and personal obligations.

SB 329 had findings to help city councils become more diverse because increased compensation can help individuals from across different income levels receive sufficient income from their service to help ensure that they can continue to serve the public and support their families making it easier for members of marginalized communities to serve. 1 The League of California Cities supported SB 329 and noted that lengthy time commitments and limited pay discourage many, especially low-income residents, single parents, people of color, and young people, from running for public office.

ANALYSIS:

An updated salary and benefit survey (EXHIBIT B - Survey) comparing the City of Marina salary and benefits to our neighboring peninsula cities is attached. As is reflected in the survey, Monterey, Seaside, and Sand City cover the costs of health, dental and vision insurance for the Mayor and Council. Pacific Grove Mayor and Councilmembers are eligible to participate in health coverage, but the City does not cover the cost. The City of Del Rey Oaks covers the costs vision insurance only. Currently the City of Marina does not cover the costs of any health benefits for the Mayor or Council.

The City Council also requested that staff survey cities regarding auto allowance, cellphone, travel reimbursement and childcare reimbursement. The City of Sand City was the only City to offer a car allowance for the Mayor only of $300 and provides City issued cell phones. None of the other cities provide auto allowance or cell phone stipends . We are still receiving responses regarding travel reimbursement from the surveyed cities and will that information provide prior to the January 22, 2025 Council meeting.

Although none of the surveyed cities offered childcare reimbursement, the City of Marina may be able to provide childcare through our recreational programming at the Community Center, not only for Council, but for members of the public attending City Council meetings.

As reference, the process for annual salary increases and benefit package changes for employees is conducted through a budgetary process, looking at the current financial position of the City, as well as an overview of committed funds and reserves. Additionally, average salaries, benefits and labor agreements of comparable cities are surveyed, to ensure that employee salaries and benefits align with current labor market conditions.

FISCAL IMPACT
The impact of the proposed salary changes only would require an additional ongoing costs of $123,000. If benefits for health, dental and vision are included, that would require an additional $123,600. The total costs of salary increases and benefits are approximately $246,600 per year.

CONCLUSION:

This request is submitted for City Council consideration and direction.

Respectfully submitted,

____________________________
Belinda Varela, Director
Human Resources & Risk Management
City of Marina

REVIEWED/CONUR:

____________________
Layne Long
City Manager
City of Marina
2 ORDINANCE NO. 2025-

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF MARINA
AMENDING ORDINANCES NOS. 90-8, 86-6, 85-3, AND 79-12

TO REVISE THE COMPENSATION FOR MAYOR AND COUNCILMEMBERS WHEREAS, the compensation for the mayor and city councilmembers was last increased over 34 years ago on September 4, 1990; and
WHEREAS, since that time, the cost of living alone has increased more than 300%; and WHEREAS, as the city has grown in population and complexity, the hours required, and resources needed to prepare for and attend city council meetings and perform other functions of the city council have increased significantly; and
WHEREAS, the current salary for the mayor is set at $250 per month and a city councilmember at $200 per month; these salaries are some of the lowest in the Monterey County area; and WHEREAS, t he California Legislature recognized t he low compensation for members of city councils as a problem in 2023 and adopted Senate Bill 329 (Dodd) which authorized general law cities to enact an ordinance to increase compensation for each member of a city council based upon the population and authorized that amount to be increased by up to 5% for each calendar year from the operative date of the last adjustment; and
WHEREAS, although the City of Marina is not a general law city and thus SB 329 is not applicable, the goal of the bill was to address inflationary increases and economic realities and remove barriers to achieving more equitable representation in local government by making it easier for public servants to balance careers and personal obligations; and WHERAS, the intent of SB 329 was to assist city councils in become more diverse because increased compensation can help individuals from across different income levels receive sufficient income from their service to help ensure that they can continue to serve the public and support their families making it easier for members of marginalized communities to serve; WHEREAS, the City Council of the City of Marina finds that, consistent with the findings of SB 329, increasing the compensation for it councilmembers would facilitate equitable representation in local government by making it easier for public servants to balance careers and personal obligations, and increase the opportunity for individuals across different income levels, as well as those individuals in marginalized communities, to participate in public service; and

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MARINA DOES ORDAIN AS FOLLOWS:

1. Ordinance Nos. 90 -8, 86-6, 85-3, and 79-12 Amended. Ordinance No. 90 -8, adopted on September 4, 1990, Ordinance No. 86 -6, adopted on May 6, 1986, Ordinance No. 85 -3, adopted on May 21, 1985, and Ordinance No. 79-12, adopted on September 26, 1979 , all of which relate to the compensation for Mayor and Councilmembers, are hereby amended to read in their entirety as follows:

EXHIBIT A
3 Ordinance No. 2025-
Page Two

a. Compensation. Each Councilmember shall receive compensation of $ 2,000 per month, and the directly elected Mayor shall receive compensation of $2,250 per month.

b. Reimbursement. The compensation prescribed by this ordinance are inclusive of vehicle expenses incurred in the performance of duties within the boundaries of the City but are exclusive of any other amount payable to a member of the Council as reimbursement for other actual and necessary expenses incurred in the performance of official duties.

c. Effective Date. This ordinance shall take effect and be in force 30 days after adoption.

2. Posting of Ordinance. Within fifteen (15) days after the passage of this ordinance, the City Clerk shall cause it to be posted in the three public places designated by resolution of the City Council.

The foregoing ordinance was introduced at a regular meeting of the City Council of the City of Marina duly held on January 22, 202 5, and was passed and adopted at a regular meeting duly held on ______________, by the following vote:

AYES, COUNCIL MEMBERS:

NOES, COUNCIL MEMBERS:

ABSENT, COUNCIL MEMBERS:

ABSTAIN, COUNCIL MEMBER:

Bruce C. Delgado, Mayor
ATTEST:

Anita Sharp, Deputy City Clerk

EXHIBIT A
4 City Council
Salary
Mayor
Salary Health Dental Vision Auto Allowance Cell phone Internet Stipend Childcare Reimbursement
Cash in lieu
of benefits
Marina $2,000.00 $2,250.00 No No No No No No No
Del Rey Oaks $100.00 $225.00 No Yes No No No No No
Monterey $965.25 $1,417.50 Yes Yes Yes No No No No
Pacific Grove $420.00 $700.00 Parking Permits
Only No No No
Sand City $950.00 $1,450.00 Yes Yes Yes $300 Mayor Only Yes - City issued Cell phone No No Seaside $395.42 $395.42 Yes Yes Yes No No No No
Average $805.11 Average $1,072.99
Eligible but member pays full cost of premiums

COUNCIL SALARY MAYOR SALARY

EXHIBIT B
5 EXHIBIT C
6 EXHIBIT C
7 January 21, 2025 Item No. 13d
Honorable Mayor and Members City Council Meeting
of the Marina City Council of January 21, 2025

CITY COUNCIL TO CONSIDER APPROVING EXCEPTION TO THE
180-DAY WAITING PERIOD TO HIRE A CALPERS RETIRED

ANNUITANT IN ACCORDANCE WITH GOVERNMENT CODE
SECTIONS 7522.56 AND 21221(h)

RECOMMENDATION:

It is recommended that the City Council:

1. City Council consider adopting Resolution No. 20 25-, authorizing the appointment of Doug McCoun, as a retired annuitant to the vacant position of Interim Fire Chief.

BACKGROUND:

Government Code Section 7522.56 requires retired annuitants to be separated from employment for at least 180 days before returning to work for an employer in the same retirement system from which they receive a pension. An exception may be made in certain situations, if the governing body adopts a resolution to waive the waiting period for separation. The waiver allows an employer to appoint a retiree to positions such as an interim Fire Chief and other unique managerial or executive positions.

Additionally, the exception to the 180 day, indicates the retired annuitant employment must meet all the requirements from CalPERS . Requirements include, before the date of hire, the employer must have in place an active recruitment for a permanent replacement for the vacant position, the work must be for a limited duration, the appointment can only be made once to the vacant position, compensation cannot be less than the minimum or exceed the maximum for the vacant position as listed on the employer’s publicly available pay schedule and the retired annuitant cannot receive any benefit, incentive, compensation in lieu of benefits, or other form of compensation in addition to the hourly pay rate. Lastly, The appointment must be approved by the employer’s governing body, in a public meeting, and must be approved as an action item, rather than on a consent calendar.

ANALYSIS:

Government Code Section 21221(h) allows the governing body of a public agency to appoint a retiree to a vacant position during the recruitment to permanently fill the vacancy or during an emergency to prevent stoppage of public business. The previous Fire Chief retired on December 31, 2024. The City will retain an external recruiter to assist with the open recruitment process.

A lengthy vacancy could cause a lapse in Fire Chief duties and does not allow a transition period for a new Fire Chief. In addition, the Fire Department duty chief coverage would have a lapse in coverage for a significant time period, creating a hardship for the department, as Fire staff would need to schedule the additional coverage hours.

Pursuant to Government Code section 7522.56 the City must provide CalPERS a certification resolution when hiring a retiree before 180 days has passed since the incumbents retirement date.

The employment agreement must be reviewed by the governing body (“EXHIBIT A”).

1 Due to the critical nature of the duties and responsibilities associated with the position of Fire Chief and the requirement to ensure th e continued operational service to the community until a new full-time replacement may be recruited, it is necessary and most efficient for Doug McCoun to return on a temporary basis in a retired annuitant capacity. The Retired Annuitant position is a non-benefited position limited to 960 hours per fiscal year. The duration of the contract position will be up to (12) twelve months with a termination date of December 30 , 2025 . Should the recruitment and transition process be completed prior to this date or the limited hours be reached, the contract may end prior to th is termination date. Staff is recommending the City Council’s authorization to have Doug McCoun appointed into the Interim, Fire Chief position, to work on a temporary basis.

FISCAL IMPACT:

Should the City Council approve this request, there is adequate funding in the FY 20 23-2025 Budget and is contained in the General Fund, Fire Department budget, and Permanent Salaries;

CONCLUSION:

This request is submitted for City Council consideration and possible action.

Respectfully submitted,

______________________________
Belinda Varela,
Director, Human Resources and Risk Management
City of Marina

REVIEWED/CONCUR:

_________________________
Layne P. Long
City Manager
City of Marina

2 RESOLUTION NO. 2025-

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MARINA
APPROVING EXCEPTION TO THE 180-DAY WAITING PERIOD TO HIRE A

CALPERS RETIRED ANNUITANT IN ACCORDANCE WITH GOVERNMENT CODE SECTIONS 7522.56 AND 21221(h)

WHEREAS, in compliance with Government (Gov.) Code section 7522.56 of the Public Employees’ Retirement Law, the City of Marina must provide CalPERS this certification resolution when hiring a retiree before 180 days has passed since their retirement date; and

WHEREAS, Doug McCoun retired from the City of Marina in the position of Fire Chief , effective December 31, 2024; and

WHEREAS, Gov. Code section 7522.56 requires that post-retirement employment commence no earlier than 180 days after the retirement date, which is June 30, 2025, without this certification resolution; and

WHEREAS, Gov. Code section 7522.56 provides that this exception to the 180 -day wait period shall not apply if the retiree accepts any retirement-related incentive; and

WHEREAS, the City of Marina and Doug McCoun certify that Doug McCoun has not and will not receive any retirement-related incentive; and

WHEREAS, an appointment under Gov. Code section 21221(h) requires the retiree is appointed into the interim appointment during the recruitment for a permanent appointment; and

WHEREAS, the governing body has authorized the search for a permanent appointment; and

WHEREAS, the City of Marina hereby appoints Doug McCoun as a retired annuitant to the vacant position of (Interim) Fire Chief for the City of Marina under Gov. Code section 21221(h), effective January 27, 2025; and

WHEREAS, this Gov. Code section 21221(h) appointment shall only be made once and therefore will end on December 30, 2025; and

WHEREAS, the entire employment agreement, contract or appointment document between Doug McCoun and the City of Marina has been reviewed by this body and is attached herein; and

WHEREAS, no matters, issues, terms or conditions related to this employment and appointment have been or will be placed on a consent calendar; and

WHEREAS, the employment shall be limited to 960 hours per fiscal year for all CalPERS employers; and

WHEREAS, the compensation paid to retirees cannot be less than the minimum nor exceed the maximum monthly base salary paid to other employees performing comparable duties, divided by 173.333 to equal the hourly rate; and

3 Resolution No. 2025
Page Two

WHEREAS, the maximum base salary for this position is $19,843 and the hourly equivalent is $114.48, and the minimum base salary for this position is $11,622 and the hourly equivalent is $67.05; and

WHEREAS, the hourly rate paid to Doug McCoun will be $106.46; and

WHEREAS, Doug McCoun has not and will not receive any other benefit, incentive, compensation in lieu of benefit or other form of compensation in addition to this hourly pay rate; and

WHEREAS, sufficient funding is included in the FY 2023 -25 budget and contained within the General Fund, Fire Department budget, and Salary accounts.

NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Marina does hereby:

1. Certify the nature of the employment of Doug McCoun as described herein and detailed in the attached employment contract and that this appointment is necessary to fill the critically needed position of Interim Fire Chief for the City of Marina by January 27, 2025 due to the critical nature of the duties and responsibilities associated with the position of Fire Chief and the requirement to ensure that such are continued to be applied until a new, full-time replacement may be recruited, it is necessary and most efficient for Mr. McCoun to return, on a temporary basis until recruitment and/or orientation is completed, and;

PASSED AND ADOPTED by the City Council of the City of Marina at a regular meeting duly held on January 21, 2025, by the following vote:

AYES: COUNCIL MEMBERS:

NOES: COUNCIL MEMBERS:

ABSENT: COUNCIL MEMBERS:

ABSTAIN: COUNCIL MEMBERS:

_____________________________
Bruce C. Delgado, Mayor
ATTEST:

_______________________
Anita Sharp, Deputy City Clerk

4 CITY OF MARINA EMPLOYMENT AGREEMENT – RETIRED ANNUITANT

TO PERFORM SPECIALIZED AND TEMPORARY SERVICES
1 This agreement is entered into January 27, 2024 by and between the CITY OF MARINA, a municipal corporation, hereafter referred to the “City” and Retired Annuitant Douglas McCoun, hereafter referred to as “Employee”.

WHEREAS, the current critical vacancy of a Fire Chief in the Fire Department, the City is in immediate need of a temporary employee to perform the services of a Fire Chief; and WHEREAS, Doug McCoun possesses the requisite specialized skills and institutional knowledge needed by the City and is available to provide services as Fire Chief, no later than December 30, 2025 or upon the successful completion of the the recruitment and transition of the new Fire Chief, whichever comes first; and
WHEREAS, Doug McCoun as a Public Employees Retirement System (“PERS”) annuitant, is limited in their ability to accept public employment pursuant to Government Code Sections 21224(A); and
WHEREAS, Doug McCoun is able to provide temporary services to the City of Marina under the terms of this Agreement and within the constraints of Government Code Section 21224(a) as a PERS annuitant and City desires to hire Doug McCoun on these terms to provide specialized services of a limited duration, which is not anticipated to exceed twelve (12) months.

NOW THEREFORE, in consideration of the above stated desires and the mutual covenants, terms and conditions, herein contained, the parties hereto mutually and freely agree as follows:

SECTION 1 – EMPLOYMENT CONDITIONS AND DUTIES
a. Employee is appointed by and shall serv e at the pleasure of the City Manager. Employee has performed their due diligence to confirm with PERS that they may accept this temporary appointment as a PERS annuitant. b. The Employee shall be responsible for performing duties of the Fire Chief position and other duties and special projects as assigned.

SECTION 2 – EMPLOYMENT TERM
a. The City agrees to employ Employee and Employee agrees to be employed and remain in the employment of the City for a term beginning January 27, 2025, and ending not later than D e c e m b e r 3 0 , 2 0 2 5 o r upon the successful completion of the the recruitment and transition of the new Fire Chief, whichever comes first. This is an at -will position and Employee has no property interest in the position.

EXHIBIT A
5 2

b. Nothing in this Agreement shall prevent, limit, or otherwise interfere with the rights of the City to terminate the services of the Employee at any time during such employment terms or any renewal thereof subject to the provisions as set forth in this agreement.

c. Nothing in this Agreement shall prevent, limit, or otherwise interfere with the right to resign at any time from this position with the City, subject to the provisions as set forth in this agreement.

SECTION 3 – EMPLOYEE RESIGNATION

In the event the Employee terminates this Employment Agreement by voluntary resignation, in writing, before expiration of the employment terms or any renewal(s) thereof Employee shall not be entitled to any severance pay but shall be entitled to payment in full for consideration during pay period. In the event that the Employee voluntarily resigns this position before normal expiration date of the employment terms or any renewal they shall give the City at least ten (10) days advanced written notice unless the parties agree otherwise. The Employee, should th e y resign, shall be paid for any earned salary to which they may be entitled as of the final day on City payroll.

SECTION 4 – EMPLOYMENT TERMINATION

Employee serves in an at-will capacity as Fire Chief in Fire Departmtent, assigned to assist the department during the period of time stated in this agreement. The City may terminate or remove the Employee with or without cause.

SECTION 5 – WORK HOURS

The City Manager shall coordinate the work schedule based upon needs of the City.

SECTION 6 – SALARY

The City shall pay the Employee for all services rendered and worked pursuant to this agreement at $106.46 per hour, which represents the annual salary of the Fire Chief position, divided by twelve months and divided again by 173.333, as required by Government Code Section 21224(a). Employee's salary will be paid on a bi- weekly basis in conformance with the City's established pay periods and pay days; although Employee is required by Government Code Sections 21224(a) to be compensated on an hourly basis. The Employee shall not receive benefits, incentives or compensation in lieu of benefits, sick leave, holiday, vacation pay or any other form of compensation in addition to the hourly rate during his employment under this employment agreement.

EXHIBIT A
6 3

SECTION 7 – INDEMNIFICATION

If the employee is named as a party in litigation relating to Employee's actions or inactions as a City employee, the City shall defend Employee and pay any judgment which may be entered against Employee, consistent with the terms of applicable law including Government Code 810 et seq.

SECTION 8 – ENTIRE AGREEMENT AND AMENDMENTS

a. This agreement supersedes any and all other agreements between the parties hereto with respect to the employment of the Employee by the City and contains all of the covenants and agreements between the parties with respect to such employment. Each party to this Agreement acknowledges that no representations, inducement, promise, or agreements have been made by any party or anyone acting on behalf of any party orally or otherwise which are not embodied herein.

b. No other agreement, statement or promise not contained in this Agreement shall be valid or binding or shall be used in interpreting the meaning of this Agreement.

c. Amendments, modifications or changes may be made to this Agreement and shall become effective on the date contained therein when executed in writing and mutually signed by both parties to this Agreement.

d. This Agreement and any amendments, modifications or changes thereto shall be binding upon the City during its term.

e. This Agreement and any amendments, modifications or changes thereto shall be binding upon the Employee and inure to the benefit of the heirs at law and executors of the Employee.

SECTION 9 – SEVERABILITY

If any provision or any portion hereof is held to be unconstitutional invalid or unenforceable, the remainder to this Agreement or portion thereof shall be deemed severable, shall not be affected, and shall remain in full force and effect.

“EMPLOYEE"

Doug McCoun

“CITY”

Layne Long, City Manager

EXHIBIT A
7

Marina City CouncilJanuary 22, 2025

Marina City Council
January 22, 2025