Napa City Council
February 18, 2025

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

REVENUES
Charges for services 2,543,460$ 2,543,460 $ 4,851,065 $ 2,307,605$ Investment income (loss) 517,620 517,620 1,283,807 766,187 Total revenues 3,061,080 3,061,080 6,134,872 3,073,792

EXPENDITURES
Current:

Public Safety
Fire 500 500 87 413 Community development 243,080 4,643,489 268,024 4,375,465 Parks and recreation 17,120 17,120 7,455 9,665 Public works 12,120 12,120 2,989 9,131 Debt service:

Interest and fiscal charges 57,000 57,000 48,489 8,511 Total expenditures 329,820 4,730,229 327,044 4,403,185 Excess (deficiency) of revenues
over (under) expenditures 2,731,260 (1,669,149) 5,807,828 7,476,977

OTHER FINANCING SOURCES (USES)
Transfers out (59,890) (1,506,890) (1,506,890) - Total other financing sources (uses) (59,890) (1,506,890) (1,506,890) - Net change in fund balances 2,671,370$ (3,176,039)$ 4,300,938 7,476,977$ Fund balances (deficit)-beginning 22,020,193
Fund balances (deficit)-ending 26,321,131$
95 ATTACHMENT 1

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

REVENUES
Intergovernmental 1,000,000$ 1,015,000 $ 10,791 $ (1,004,209)$ Charges for services 800,000 800,000 261,964 (538,036) Investment income (loss) 3,500 3,500 34,432 30,932 Total revenues 1,803,500 1,818,500 307,187 (1,511,313)

EXPENDITURES
Current:

Community development 2,469,720 2,736,741 174,764 2,561,977 Total expenditures 2,469,720 2,736,741 174,764 2,561,977 Net change in fund balances (666,220)$ (918,241)$ 132,423 1,050,664$ Fund balances (deficit)-beginning 666,821
Fund balances (deficit)-ending 799,244$
96 ATTACHMENT 1

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

REVENUES
Intergovernmental 18,677,280$ 20,749,395 $ 20,329,150 $ (420,245)$ Charges for services 1,194,430 1,271,130 1,137,137 (133,993) Investment income (loss) 69,000 69,000 225,632 156,632 Total revenues 19,940,710 22,089,525 21,691,919 (397,606)

EXPENDITURES
Current:

Community development 19,720,880 22,061,739 21,252,834 808,905 Debt service:

Principal 109,000 113,000 108,690 4,310 Interest and fiscal charges 39,000 43,000 28,988 14,012 Total expenditures 19,868,880 22,217,739 21,390,512 827,227 Excess (deficiency) of revenues
over (under) expenditures 71,830 (128,214) 301,407 429,621

OTHER FINANCING SOURCES (USES)
Transfers out (596,420) (596,420) (596,420) - Total other financing sources (uses) (596,420) (596,420) (596,420) - Net change in fund balances (524,590)$ (724,634)$ (295,013) 429,621$ Fund balances (deficit)-beginning 5,998,476
Fund balances (deficit)-ending 5,703,463$
97 ATTACHMENT 1

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

TOTAL PENSION LIABILITY
Service cost 5,470,586$ 5,270,491 $ 4,911,446 $ 5,156,236$ Interest on total pension liability 20,827,852 19, 825,780 19, 225,627 18,650,486 Changes of benefit terms 330,010 - - - Changes of assumptions - 8,964,908 - - Difference between expected and actual experience 5,318,189 554,714 (1, 173,173) 2,417,623 Benefit payments, including refunds of employee
contributions (16,770,298) (15,873,165) (14,918,789) (14,015,652) Net change in total pension liability 15,176,339 18, 742,728 8,045,111 12,208,693 Total pension liability-beginning 301,854,585 283,111,857 275,066,746 262,858,053 Total pension liability-ending (a) 317,030,924 301,854,585 283,111,857 275,066,746

PLAN FIDUCIARY NET POSITION
Contributions-employer 9,468,142 9,384,902 8,238,930 7,711,417 Contributions-employee 3,313,794 3,967,159 3,359,408 3,511,723 Net investment income 11,922,631 (15, 947,113) 39, 512,419 8,464,735 Benefit payments, including refunds of employee
contributions (16,770,298) (15,873,165) (14,918,789) (14,015,651) Net plan to plan resource movement (2,071) - - - Administrative expense (140,930) (130,972) (174,046) (237,961) Net change in fiduciary net position 7,791,268 (18, 599,189) 36, 017,922 5,434,263 Plan fiduciary net position-beginning 191,649,391 210,248,580 174,230,658 168,796,395 Plan fiduciary net position-ending (b) 199,440,659 191,649,391 210,248,580 174,230,658 Net pension liability/(asset) (a) - (b) 117,590,265 $ 110,205,194 $ 72,863,277 $ 100,836,088 $ Plan fiduciary net position as a percentage of the
total pension liability 62.9% 63.5% 74.3% 63.3%
Covered payroll 30,274,411$ 28, 351,218$ 29, 044,625$ 29,531,709$ Plan net pension liability/(asset) as a percentage of
covered payroll 388.4% 388.7% 250.9% 341.5%
Notes to Schedule of Changes in the Net Pension Liability and Related Ratios:

Benefit Changes : The figures above generally include any liability impact that may have resulted from voluntary benefit changes that occurred on or before the measurement date. However, offers of Two Years Additional Service Credit (a.k.a. Golden Handshakes) that occurred after the valuation date are not included in the figures above, unless the liability impact is deemed to be material by the plan actuary.

Changes of Assumptions : None in 2020-2022. In 2019, demographic assumptions and inflation rate were changed in accordance to the CalPERS Experience Study and Review of Assumptions December 2017. There were no changes in the discount rate. In 2018, the discount rate was reduced from 7.65% to 7.15%. In 2017, there were no changes. In 2016, amounts reported reflect an adjustment of the discount rate from 7.50% (net of administrative expense) to 7.65% (without a reduction for pension plan administrative expense). In 2015, amounts reported were based on the 7.50% discount rate. 98 ATTACHMENT 1

2020 2019 2018 2017 2016 2015
6/30/2019 6/30/2018 6/30/2017 6/30/2016 6/30/2015 6/30/2014 4,975,607$ 4,920,518$ 4,826,160$ 4,213,795$ 4,112,737$ 4,179,121$ 17,819,000 16,908,565 16,196,594 15,821,321 15,200,893 14,604,950 - - - - - - - (1,572,075) 12, 983,137 - (3, 558,449) - 3,663,735 2,317,801 (2,352,965) (519,311) (1,074,702) - (13,331,060) (12,242,939) (11,473,139) (11,047,519) (10,421,831) (9,870,003) 13,127,282 10,331,870 20,179,787 8,468,286 4,258,648 8,914,068 249,730,771 239,398,901 219,219,114 210,750,828 206,492,180 197,578,112 262,858,053 249,730,771 239,398,901 219,219,114 210,750,828 206,492,180 6,757,515 5,945,310 6,213,552 6,130,369 5,512,619 5,372,508 3,302,773 3,213,934 2,799,363 1,862,326 1,795,051 1,730,126 10,605,765 12,968,924 15,559,671 756,491 3,179,657 21,295,817 (13,331,060) (12,242,939) (11,473,139) (11,047,519) (10,421,831) (9,870,003) - (376) - 162 - - (114,928) (688,371) (205,942) (86,463) (159,717) - 7,220,065 9,196,482 12,893,505 (2,384,634) (94,221) 18,528,448 161,576,330 152,379,848 139,486,343 141,870,977 141,965,198 123,436,750 168,796,395 161,576,330 152,379,848 139,486,343 141,870,977 141,965,198 94,061,658$ 88, 154,441$ 87, 019,053$ 79,732,771 $ 68,879,851 $ 64,526,982 $

64.2% 64.7% 63.7% 63.6% 67.3% 68.8%
27,545,846$ 26,369,336$ 25,097,036$ 23,856,617$ 22,861,241$ 21,622,110$ 341.5% 334.3% 346.7% 334.2% 301.3% 298.4%
99 ATTACHMENT 1

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

TOTAL PENSION LIABILITY
Service cost 5,866,401$ 5,777,577 $ 5,347,720 $ 5,333,938$ Interest on total pension liability 20,744,894 19, 812,748 18, 892,723 18,263,895 Changes of benefit terms 118,243 - - - Changes of assumptions - 10, 183,136 - - Difference between expected and actual experience 4,332,860 3,804,489 (474,512) 651,239 Benefit payments, including refunds of employee
contributions (17,032,614) (16,120,374) (14,950,834) (13,719,993) Net change in total pension liability 14,029,784 23, 457,576 8,815,097 10,529,079 Total pension liability-beginning 301,782,637 278,325,061 269,509,964 258,980,885 Total pension liability-ending (a) 315,812,421 301,782,637 278,325,061 269,509,964

PLAN FIDUCIARY NET POSITION
Contributions-employer 10,259,867 10, 064,144 8,949,140 8,220,126 Contributions-employee 2,525,085 3,376,840 2,840,085 2,818,016 Net investment income 11,991,172 (16, 170,119) 40, 267,200 8,626,342 Benefit payments, including refunds of employee
contributions (17,032,614) (16,120,374) (14,950,834) (13,719,992) Net plan to plan resource movement - - - - Administrative expense (143,518) (133,404) (177,036) (241,803) Net change in fiduciary net position 7,599,992 (18, 982,913) 36, 928,555 5,702,689 Plan fiduciary net position-beginning 195,169,428 214,152,341 177,223,786 171,521,097 Plan fiduciary net position-ending (b) 202,769,420 195,169,428 214,152,341 177,223,786 Net pension liability/(asset) (a) - (b) 113,043,001 $ 106,613,209 $ 64,172,720 $ 92,286,178 $ Plan fiduciary net position as a percentage of the
total pension liability 64.2% 64.7% 76.9% 65.8%
Covered payroll 19,666,111$ 19, 245,761$ 19, 264,122$ 18,854,501$ Plan net pension liability/(asset) as a percentage of
covered payroll 574.8% 554.0% 333.1% 489.5%
Notes to Schedule of Changes in the Net Pension Liability and Related Ratios:

Benefit Changes : The figures above generally include any liability impact that may have resulted from voluntary benefit changes that occurred on or before the measurement date. However, offers of Two Years Additional Service Credit (a.k.a. Golden Handshakes) that occurred after the valuation date are not included in the figures above, unless the liability impact is deemed to be material by the plan actuary.

Changes of Assumptions : None in 2020-2022. In 2019, demographic assumptions and inflation rate were changed in accordance to the CalPERS Experience Study and Review of Assumptions December 2017. There were no changes in the discount rate. In 2018, the discount rate was reduced from 7.65% to 7.15%. In 2017, there were no changes. In 2016, amounts reported reflect an adjustment of the discount rate from 7.50% (net of administrative expense) to 7.65% (without a reduction for pension plan administrative expense). In 2015, amounts reported were based on the 7.50% discount rate. 100
ATTACHMENT 1

2020 2019 2018 2017 2016 2015
6/30/2019 6/30/2018 6/30/2017 6/30/2016 6/30/2015 6/30/2014 5,167,684$ 4,965,402$ 4,799,141$ 4,178,301$ 3,960,625$ 4,089,713$ 17,540,129 16,689,850 15,961,113 15,474,590 14,805,107 14,300,336 - - - - - - - (950,228) 12, 839,680 - (3, 500,073) - 2,815,814 2,402,452 (427,692) 585,472 (1,927,286) - (12,919,138) (12,441,282) (11,765,683) (11,084,633) (10,332,611) (9,744,388) 12,604,489 10,666,194 21,406,559 9,153,730 3,005,762 8,645,661 246,376,396 235,710,202 214,303,643 205,149,913 202,144,151 193,498,490 258,980,885 246,376,396 235,710,202 214,303,643 205,149,913 202,144,151 7,160,145 6,391,405 6,839,074 6,305,994 5,843,451 5,112,297 2,714,537 2,470,596 2,118,901 1,625,840 1,676,253 1,753,345 10,735,955 13,091,025 15,775,920 737,312 3,233,619 21,739,681 (12,919,138) (12,441,282) (11,765,683) (11,084,633) (10,332,611) (9,744,388) - (382) - - - - (116,614) (700,820) (210,211) (88,298) (163,038) - 7,574,885 8,810,542 12,758,001 (2,503,785) 257,674 18,860,935 163,946,212 155,135,670 142,377,669 144,881,454 144,623,780 125,762,845 171,521,097 163,946,212 155,135,670 142,377,669 144,881,454 144,623,780 87,459,788$ 82, 430,184$ 80, 574,532$ 71,925,974 $ 60,268,459 $ 57,520,371 $

66.2% 66.5% 65.8% 66.4% 70.6% 71.5%
18,097,296$ 17,135,667$ 16,493,027$ 15,896,143$ 14,861,631$ 14,656,370$ 483.3% 481.0% 488.5% 452.5% 405.5% 392.5%
101
ATTACHMENT 1

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

TOTAL OPEB LIABILITY
Service cost 374,843$ 280,571$ 270,359 $ 261,827$ Interest on total pension liability 898,608 964,150 802,954 797,189 Changes of assumptions (107,627) 1,610,933 (108,857) 10,519 Difference between expected and actual experience (2,996,807) ( 178,410) 1,966,781 21,776 Benefit payments, including refunds of employee
contributions (1,040,885) (1,039,638) (1,031,127) (1,014,004) Net change in total OPEB liability (2,871,868) 1,637,606 1,900,110 77,307 Total OPEB liability-beginning 14,546,379 12,908,773 11,008,663 10,931,356 Total OPEB liability-ending (a) 11,674,511 14,546,379 12,908,773 11,008,663

PLAN FIDUCIARY NET POSITION
Contributions-employer 1,034,510 994,117 1,297,178 1,324,459 Contributions-employee 209,218 186,838 180,676 171,156 Net investment income 696,702 (1,547,206) 2,379,405 284,673 Benefit payments, including refunds of employee
contributions (1,040,885) (1,039,638) (1,031,127) (1,014,004) Administrative expense (2,882) (2,865) (3,265) (3,835) Net change in fiduciary net position 896,663 (1,408,754) 2,822,867 762,449 Plan fiduciary net position-beginning 9,315,776 10,724,530 7,901,663 7,139,214 Plan fiduciary net position-ending (b) 10,212,439 9,315,776 10,724,530 7,901,663 Net OPEB liability/(asset) (a) - (b) 1,462,072 $ 5,230,603 $ 2,184,243 $ 3,107,000 $ Plan fiduciary net position as a percentage of the
total OPEB liability 87.5% 64.0% 83.1% 71.8%
Covered-employee payroll 48,286,632$ 44,169,385$ 41,910,541$ 39,693,902$ Plan net OPEB liability/(asset) as a percentage of
covered-employee payroll 3.0% 11.8% 5.2% 7.8%
Notes to Schedule of Changes in the Net OPEB Liability and Related Ratios:
1 Fiscal year 2018 was the first year of GASB Statement No. 75 implementation; therefore only six years are shown.

Benefit Changes: None
Changes of Assumptions: None
102
ATTACHMENT 1

2020 2019 2018
6/30/2019 6/30/2018 6/30/2017
371,113$ 362,272$ 352,148$
908,149 884,055 860,289
(93,590) 22,335 -
(1,892,659) - -
(930,237) (918,163) (902,868)
(1,637,224) 350,499 309,569
12,568,580 12,218,081 11,908,512
10,931,356 12,568,580 12,218,081
1,261,435 1,299,596 1,043,887
116,007 - -
467,868 430,264 554,574
(930,237) (918,163) (902,868)
(1,484) (3,194) (2,680)
913,589 808,503 692,913
6,225,625 5,417,122 4,724,209
7,139,214 6,225,625 5,417,122
3,792,142$ 6, 342,955$ 6, 800,959$

65.3% 49.5% 44.3%
37,565,896$ 42,081,119$ 40,954,860$

10.1% 15.1% 16.6%
103
ATTACHMENT 1

CITY OF NAPA, CALIFORNIA
Schedules of Plan Contributions
As of June 30, for the Last Ten Fiscal Years 1
Covered/ Contribution as a
Fiscal Year Actuarially Actual Contribution Covered- % of Covered/ Ending Determined Employer Deficiency Employee Covered Employee June 30, Contribution Contributions (Excess) Payroll Payroll 2024 10,446,809$ 10,446,809$ -$ 29,961,114$ 34.9% 2023 9,747,685 9,747,685 - 30,274,411 32.2% 2022 9,105,370 9,105,370 - 28,351,218 32.1% 2021 5,676,210 5,676,210 - 29,044,625 19.5% 2020 5,159,972 5,159,972 - 29,531,709 17.5% 2019 4,472,807 4,472,807 - 27,545,846 16.2% 2018 3,797,781 3,797,781 - 26,369,336 14.4% 2017 3,705,781 3,705,781 - 25,097,036 14.8% 2016 3,297,550 3,297,550 - 23,856,617 13.8% 2015 2,749,274 2,749,274 - 22,861,241 12.0% 2024 11,930,838$ 11,930,838$ -$ 20,338,612$ 58.7% 2023 10,653,029 10,653,029 - 19,666,111 54.2% 2022 9,670,982 9,670,982 - 19,245,761 50.2% 2021 8,949,140 8,949,140 - 19,264,122 46.5% 2020 8,220,126 8,220,126 - 18,854,501 43.6% 2019 7,160,145 7,160,145 - 18,097,296 39.6% 2018 8,497,880 8,497,880 - 17,135,667 49.6% 2017 6,839,074 6,839,074 - 16,493,027 41.5% 2016 6,305,994 6,305,994 - 15,896,143 39.7% 2015 5,843,451 5,843,451 - 14,861, 6 31 39.3% 2024 448,946$ 1,098,841$ (649,895)$ 48,286,632$ 2.3% 2023 512,400 1,180,955 (668,555) 44,169,385 2.7% 2022 631,388 1,477,854 (846,466) 41,910,541 3.5% 2021 615,280 1,297,178 (681,898) 39,693,902 3.3% 2020 930,210 1,324,459 (394,249) 37,565,896 3.5% 2019 968,028 1,377,442 (409,414) 42,081,119 3.3% 2018 935,278 1,204,094 (268,816) 40,954,860 2.9% Notes to Schedule of Plan Contributions:

The actuarial methods and assumptions used to set the actuarially determined contributions for fiscal year 2023-24 were derived from the June 30, 2021 funding valuation report, available on the CalPERS' website.

Actuarial Cost Method: Entry Age Normal
Amortization Method/Period: For details, see June 30, 2021 Funding Valuation Report Asset Valuation Method: Fair value of assets, for details, see June 30, 2021 Funding Valuation Report Inflation: 2.50%
Salary Increases: Varies by entry age and service
Payroll Growth: 2.75%
Investment Rate of Return: 7.00% (net of administrative expenses) Retirement Age: For details, see June 30, 2021 Funding Valuation Report Mortality: For details, see June 30, 2021 Funding Valuation Report 1 Historical information is required only for measurement for which GASB 68and GASB 75 is applicable. Fiscal Year 2018 was the first year of implementation for GASB 75, therefore only seven years are shown.

Miscellaneous Agent, Multiple-Employer Pension Plan
Safety Agent, Multiple-Employer Pension Plan
Single Employer OPEB Plan
104
ATTACHMENT 1



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105
ATTACHMENT 1

THIS PAGE INTENTIONALLY LEFT BLANK
106
ATTACHMENT 1



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107
ATTACHMENT 1

CITY OF NAPA, CALIFORNIA
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2024
ASSETS
Cash and investments 7,420,207$ 1,588,391 $ 287,967 $ 691,153$ Receivables (net of allowance for uncollectible):

Accounts 292,882 - - 14,990 Interest 12,870 2,226 403 1,231 Federal, state and other governments - - 131,455 - Loans - - 4,528,703 - Prepaid items - - 1,033 10,187 Total assets 7,725,959 1,590,617 4,949,561 717,561

LIABILITIES
Accounts payable and accrued liabilities 44,853 142,961 148,115 679 Deposits payable - - - - Due to other funds 2,396 - 549,964 - Unearned revenue - - - - Advance from other funds - - - - Total liabilities 47,249 142,961 698,079 679

DEFERRED INFLOWS OF RESOURCES
Unavailable revenue - - 4,528,703 - Lease related - - - - Total deferred inflows of resources - - 4,528,703 -

FUND BALANCES (DEFICITS)
Nonspendable - - 1,033 10,187 Restricted 7,678,710 1,447,656 - 706,695 Unassigned (deficit) - - (278,254) - Total fund balances (deficits) 7,678,710 1,447,656 (277,221) 716,882 Total liabilities, deferred inflows of resources,
and fund balances (deficits) 7,725,959$ 1,590,617$ 4,949,561$ 717,561$ Special Revenue Funds
Assessment
District
Tourism
Improvement
District
Community
Development
Block Grant Traffic
108
ATTACHMENT 1

CITY OF NAPA, CALIFORNIA
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2024
ASSETS
Cash and investments
Receivables (net of allowance for uncollectible):

Accounts
Interest
Federal, state and other governments
Loans
Prepaid items
Total assets

LIABILITIES
Accounts payable and accrued liabilities
Deposits payable
Due to other funds
Unearned revenue
Advance from other funds
Total liabilities

DEFERRED INFLOWS OF RESOURCES
Unavailable revenue
Lease related
Total deferred inflows of resources

FUND BALANCES (DEFICITS)
Nonspendable
Restricted
Unassigned (deficit)
Total fund balances (deficits)
Total liabilities, deferred inflows of resources,
and fund balances (deficits)
(Continued)
7,387,548$ 252,846 $ 44,997 $ 174,502$ 15,786 - - - 12,802 452 77 299 - - - - - 1,651,532 - - - 261 - - 7,416,136 1,905,091 45,074 174,801 36,658 1,169 3,110 - - - - - - - 110 - - - - - - - - - 36,658 1,169 3,220 - - 1,651,533 - - 2,458,750 - - - 2,458,750 1,651,533 - - - 261 - - 4,920,728 252,128 41,854 174,801 - - - - 4,920,728 252,389 41,854 174,801 7,416,136$ 1,905,091 $ 45,074 $ 174,801 $ Special Revenue Funds
Parking
CalHome
Grant
Public Safety
Programs
Parks and
Recreation
Trust
Programs
109
ATTACHMENT 1

CITY OF NAPA, CALIFORNIA
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2024
ASSETS
Cash and investments
Receivables (net of allowance for uncollectible):

Accounts
Interest
Federal, state and other governments
Loans
Prepaid items
Total assets

LIABILITIES
Accounts payable and accrued liabilities
Deposits payable
Due to other funds
Unearned revenue
Advance from other funds
Total liabilities

DEFERRED INFLOWS OF RESOURCES
Unavailable revenue
Lease related
Total deferred inflows of resources

FUND BALANCES (DEFICITS)
Nonspendable
Restricted
Unassigned (deficit)
Total fund balances (deficits)
Total liabilities, deferred inflows of resources,
and fund balances (deficits)
236,746$ 9,174 $ - $ 142,525$ - - 144,397 (313) 408 35 9 204 - - - - - - - - - - - - 237,154 9,209 144,406 142,416 - 5,397 144,397 - - - - - - - 6,548 - - - - - - - - - - 5,397 150,945 - - - - - - - - - - - - - - - - - 237,154 3,812 - 142,416 - - (6,539) - 237,154 3,812 (6,539) 142,416 237,154$ 9,209 $ 144,406 $ 142,416 $ Special Revenue Funds
Public
Infrastructure
Program
Business
District
Property and
Business
Improvement
Damage
Reimbursement
110
ATTACHMENT 1

CITY OF NAPA, CALIFORNIA
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2024
ASSETS
Cash and investments
Receivables (net of allowance for uncollectible):

Accounts
Interest
Federal, state and other governments
Loans
Prepaid items
Total assets

LIABILITIES
Accounts payable and accrued liabilities
Deposits payable
Due to other funds
Unearned revenue
Advance from other funds
Total liabilities

DEFERRED INFLOWS OF RESOURCES
Unavailable revenue
Lease related
Total deferred inflows of resources

FUND BALANCES (DEFICITS)
Nonspendable
Restricted
Unassigned (deficit)
Total fund balances (deficits)
Total liabilities, deferred inflows of resources,
and fund balances (deficits)
(Continued)
-$ 40,365$ 601,709 $ -$ - 349,091 177,048 4,210,093 - 850 1,891 6,452 - - - - - - - - - - - - - 390,306 780,648 4,216,545 60,308 - - - - - - - 578,130 - - 1,746,786 - - - - - - - - 638,438 - - 1,746,786 - - - - - - - - - - - - - - - - - 390,306 780,648 2,469,759 (638,438) - - - (638,438) 390,306 780,648 2,469,759 -$ 390,306$ 780,648 $ 4,216,545 $ Special Revenue Funds
Road
Maintenance
and
Rehabilitation
Act Gas Tax Measure T
Permanent
Local Housing
Allocation
111
ATTACHMENT 1

CITY OF NAPA, CALIFORNIA
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2024
ASSETS
Cash and investments
Receivables (net of allowance for uncollectible):

Accounts
Interest
Federal, state and other governments
Loans
Prepaid items
Total assets

LIABILITIES
Accounts payable and accrued liabilities
Deposits payable
Due to other funds
Unearned revenue
Advance from other funds
Total liabilities

DEFERRED INFLOWS OF RESOURCES
Unavailable revenue
Lease related
Total deferred inflows of resources

FUND BALANCES (DEFICITS)
Nonspendable
Restricted
Unassigned (deficit)
Total fund balances (deficits)
Total liabilities, deferred inflows of resources,
and fund balances (deficits)
7,233,647$ 7,380,468 $ - $ 174,248$ 353,152 - 45,352 - 12,248 - - - - - - - - - - - 324 3,150,000 - - 7,599,371 10,530,468 45,352 174,248 954 384,183 9,395 - - - 10,000 - - - 85,036 - - 10,147,680 45,352 - - - 1,341,450 - 954 10,531,863 1,491,233 - - - - - - - - - - - - - 324 3,150,000 - - 7,598,093 (3,151,395) - 174,248 - - (1,445,881) - 7,598,417 (1,395) (1,445,881) 174,248 7,599,371$ 10,530,468 $ 45,352 $ 174,248 $ Special Revenue Funds
Enhanced
Infrastructure
Financing
District Measure F
Encampment
Resolution
Grant Golf Course
112
ATTACHMENT 1

CITY OF NAPA, CALIFORNIA
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2024
ASSETS
Cash and investments
Receivables (net of allowance for uncollectible):

Accounts
Interest
Federal, state and other governments
Loans
Prepaid items
Total assets

LIABILITIES
Accounts payable and accrued liabilities
Deposits payable
Due to other funds
Unearned revenue
Advance from other funds
Total liabilities

DEFERRED INFLOWS OF RESOURCES
Unavailable revenue
Lease related
Total deferred inflows of resources

FUND BALANCES (DEFICITS)
Nonspendable
Restricted
Unassigned (deficit)
Total fund balances (deficits)
Total liabilities, deferred inflows of resources,
and fund balances (deficits)
Special
Revenue
Funds
Total
Nonmajor
Funds
94,565$ 33,761,058$
- 5,602,478
- 52,457
- 131,455
- 6,180,235
- 3,161,805
94,565 48,889,488
- 982,179
- 10,000
- 2,968,970
94,565 10,287,597
- 1,341,450
94,565 15,590,196
- 6,180,236
- 2,458,750
- 8,638,986
- 3,161,805
- 23,867,613
- (2,369,112)
- 24,660,306
94,565$ 48,889,488$
Opioid
Settlement
113
ATTACHMENT 1

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

REVENUES
Taxes -$ - $ - $ -$ Intergovernmental - - 756,607 - Charges for services 817,386 1,179,838 309,178 185,283 Investment income (loss) 327,793 62,305 - 31,580 Miscellaneous - - - - Total revenues 1,145,179 1,242,143 1,065,785 216,863

EXPENDITURES
Current:

General Government
City Manager - - - - Public Safety
Police - - - 86,912 Community development - 1,311,151 1,076,349 - Parks and recreation 48,029 - - - Public works 5,769 - - - Capital outlay - - - 27,970 Debt service:

Principal - - - - Interest and fiscal charges - - - - Total expenditures 53,798 1,311,151 1,076,349 114,882 Excess (deficiency) of revenues
over (under) expenditures 1,091,381 (69,008) (10,564) 101,981

OTHER FINANCING SOURCES (USES)
Transfers in - - - - Transfers out (10,510) - - (50,650) Lease issuance - - - - Total other financing sources (uses) (10,510) - - (50,650) Net change in fund balances 1,080,871 (69,008) (10,564) 51,331 Fund balances (deficit)-beginning 6,597,839 1,516,664 (266,657) 665,551 Fund balances (deficit)-ending 7,678,710$ 1,447,656$ (277,221)$ 716,882$ Special Revenue Funds
Assessment
District
Tourism
Improvement
District
Community
Development
Block Grant Traffic
114
ATTACHMENT 1

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

REVENUES
Taxes
Intergovernmental
Charges for services
Investment income (loss)
Miscellaneous
Total revenues

EXPENDITURES
Current:

General Government
City Manager
Public Safety
Police
Community development
Parks and recreation
Public works
Capital outlay
Debt service:

Principal
Interest and fiscal charges
Total expenditures
Excess (deficiency) of revenues
over (under) expenditures

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Lease issuance
Total other financing sources (uses)
Net change in fund balances
Fund balances (deficit)-beginning
Fund balances (deficit)-ending
(Continued)
-$ - $ - $ -$ - - - - 696,422 - - - 335,186 14,011 2,023 7,307 105,000 - - 21,928 1,136,608 14,011 2,023 29,235 - - - - - - 3,137 - 714,251 160,732 - - - - - 92 - - - - - - - - - - - - - - - - 714,251 160,732 3,137 92 422,357 (146,721) (1,114) 29,143 12,000 - - - (65,740) (3,010) - - - - - - (53,740) (3,010) - - 368,617 (149,731) (1,114) 29,143 4,552,111 402,120 42,968 145,658 4,920,728$ 252,389 $ 41,854 $ 174,801 $ Special Revenue Funds
Parks and
Recreation
Trust
Programs Parking
CalHome
Grant
Public Safety
Programs
115
ATTACHMENT 1

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

REVENUES
Taxes
Intergovernmental
Charges for services
Investment income (loss)
Miscellaneous
Total revenues

EXPENDITURES
Current:

General Government
City Manager
Public Safety
Police
Community development
Parks and recreation
Public works
Capital outlay
Debt service:

Principal
Interest and fiscal charges
Total expenditures
Excess (deficiency) of revenues
over (under) expenditures

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Lease issuance
Total other financing sources (uses)
Net change in fund balances
Fund balances (deficit)-beginning
Fund balances (deficit)-ending
-$ - $ - $ -$ - - - - - 266,311 526,017 12,802 10,639 1,584 2,701 6,480 - - - - 10,639 267,895 528,718 19,282 - - - 81,771 - - - - - 266,332 527,723 - - - - - 135 - - - - - - - - - - - - - - - 135 266,332 527,723 81,771 10,504 1,563 995 (62,489) - - - - - - - - - - - - - - - - 10,504 1,563 995 (62,489) 226,650 2,249 (7,534) 204,905 237,154$ 3,812 $ (6,539) $ 142,416 $ Special Revenue Funds
Public
Infrastructure
Program
Business
District
Property and
Business
Improvement
Damage
Reimbursement
116
ATTACHMENT 1

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

REVENUES
Taxes
Intergovernmental
Charges for services
Investment income (loss)
Miscellaneous
Total revenues

EXPENDITURES
Current:

General Government
City Manager
Public Safety
Police
Community development
Parks and recreation
Public works
Capital outlay
Debt service:

Principal
Interest and fiscal charges
Total expenditures
Excess (deficiency) of revenues
over (under) expenditures

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Lease issuance
Total other financing sources (uses)
Net change in fund balances
Fund balances (deficit)-beginning
Fund balances (deficit)-ending
(Continued)
-$ - $ - $ -$ 318,210 2,003,066 2,047,675 10,152,878 - - - - - 19,335 38,147 146,703 - - - - 318,210 2,022,401 2,085,822 10,299,581 - - - - - - - - 590,371 - - - - - - - - 243 453 1,831 - - - - - - - - - - - - 590,371 243 453 1,831 (272,161) 2,022,158 2,085,369 10,297,750 - - - - - (1,986,815) (1,457,110) (11,866,066) - - - - - (1,986,815) (1,457,110) (11,866,066) (272,161) 35,343 628,259 (1,568,316) (366,277) 354,963 152,389 4,038,075 (638,438)$ 390,306 $ 780,648 $ 2,469,759 $ Special Revenue Funds
Permanent
Local Housing
Allocation
Road
Maintenance
and
Rehabilitation
Act Gas Tax Measure T
117
ATTACHMENT 1

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

REVENUES
Taxes
Intergovernmental
Charges for services
Investment income (loss)
Miscellaneous
Total revenues

EXPENDITURES
Current:

General Government
City Manager
Public Safety
Police
Community development
Parks and recreation
Public works
Capital outlay
Debt service:

Principal
Interest and fiscal charges
Total expenditures
Excess (deficiency) of revenues
over (under) expenditures

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Lease issuance
Total other financing sources (uses)
Net change in fund balances
Fund balances (deficit)-beginning
Fund balances (deficit)-ending
2,432,087$ - $ - $ 222,441$ - 4,852,320 - - - - 62,077 - 297,026 - - 50 - - - - 2,729,113 4,852,320 62,077 222,491 - - - - - - - - 36,272 2,838,077 - 3 - - 27 - - - - - 278 5,991,918 30,770 - - 1,815,584 - - - 109,416 - - 36,550 10,754,995 30,797 3 2,692,563 (5,902,675) 31,280 222,488 - - - - (524,370) - - (48,240) - 5,902,675 - - (524,370) 5,902,675 - (48,240) 2,168,193 - 31,280 174,248 5,430,224 (1,395) (1,477,161) - 7,598,417$ (1,395) $ (1,445,881)$ 174,248 $ Special Revenue Funds
Enhanced
Infrastructure
Financing
District Measure F
Encampment
Resolution
Grant Golf Course
118
ATTACHMENT 1

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

REVENUES
Taxes
Intergovernmental
Charges for services
Investment income (loss)
Miscellaneous
Total revenues

EXPENDITURES
Current:

General Government
City Manager
Public Safety
Police
Community development
Parks and recreation
Public works
Capital outlay
Debt service:

Principal
Interest and fiscal charges
Total expenditures
Excess (deficiency) of revenues
over (under) expenditures

OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Lease issuance
Total other financing sources (uses)
Net change in fund balances
Fund balances (deficit)-beginning
Fund balances (deficit)-ending
Special
Revenue
Funds
Total
Nonmajor
Funds
-$ 2,654,528$
- 20,130,756
- 4,055,314
- 1,302,870
- 126,928
- 28,270,396
- 81,771
- 90,049
- 7,521,261
- 48,148
- 8,431
- 6,050,936
- 1,815,584
- 109,416
- 15,725,596
- 12,544,800
- 12,000
- (16,012,511)
- 5,902,675
- (10,097,836)
- 2,446,964
- 22,213,342
-$ 24,660,306$
Opioid
Settlement
119
ATTACHMENT 1

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

REVENUES
Charges for services 477,000$ 477,000 $ 817,386 $ 340,386$ Investment income (loss) 44,240 44,240 327,793 283,553 Total revenues 521,240 521,240 1,145,179 623,939

EXPENDITURES
Current:

Parks and recreation 95,420 95,420 48,029 47,391 Public works 14,760 14,760 5,769 8,991 Total expenditures 110,180 110,180 53,798 56,382 Excess (deficiency) of revenues
over (under) expenditures 411,060 411,060 1,091,381 680,321

OTHER FINANCING SOURCES (USES)
Transfers out (10,510) (10,510) (10,510) - Total other financing sources (uses) (10,510) (10,510) (10,510) - Net change in fund balances 400,550$ 400,550$ 1,080,871 680,321$ Fund balances (deficit)-beginning 6,597,839
Fund balances (deficit)-ending 7,678,710$
120
ATTACHMENT 1

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

REVENUES
Charges for services 1,300,000$ 1,300,000 $ 1,179,838 $ (120,162)$ 5,100 5,100 62,305 57,205 Total revenues 1,305,100 1,305,100 1,242,143 (62,957)

EXPENDITURES
Current:

Community development 1,711,430 1,711,430 1,311,151 400,279 Total expenditures 1,711,430 1,711,430 1,311,151 400,279 Net change in fund balances (406,330)$ (406,330)$ (69,008) 337,322$ Fund balances (deficit)-beginning 1,516,664
Fund balances (deficit)-ending 1,447,656$
121
ATTACHMENT 1

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

REVENUES
Intergovernmental 608,870$ 2,443,345 $ 756,607 $ (1,686,738)$ Charges for services 150,000 150,000 309,178 159,178 Total revenues 758,870 2,593,345 1,065,785 (1,527,560)

EXPENDITURES
Current:

Community development 784,750 2,441,156 1,076,349 1,364,807 Total expenditures 784,750 2,441,156 1,076,349 1,364,807 Net change in fund balances (25,880)$ 152,189$ (10,564) (162,753)$ Fund balances (deficit)-beginning (266,657)
Fund balances (deficit)-ending (277,221)$
122
ATTACHMENT 1

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

REVENUES
Charges for services 160,000$ 743,550 $ 185,283 $ (558,267)$ Investment income (loss) 10,500 10,500 31,580 21,080 Total revenues 170,500 754,050 216,863 (537,187)

EXPENDITURES
Current:

Public Safety
Police 60,700 646,385 86,912 559,473 Capital outlay 37,500 37,500 27,970 9,530 Total expenditures 98,200 683,885 114,882 569,003 Excess (deficiency) of revenues
over (under) expenditures 72,300 70,165 101,981 31,816

OTHER FINANCING SOURCES (USES)
Transfers out (650) (50,650) (50,650) - Total other financing sources (uses) (650) (50,650) (50,650) - Net change in fund balances 71,650$ 19,515$ 51,331 31,816$ Fund balances (deficit)-beginning 665,551
Fund balances (deficit)-ending 716,882$
123
ATTACHMENT 1

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

REVENUES
Charges for services 655,860$ 655,860 $ 696,422 $ 40,562$ Investment income (loss) 48,960 48,960 335,186 286,226 Miscellaneous - - 105,000 105,000 Total revenues 704,820 704,820 1,136,608 431,788

EXPENDITURES
Current:

Community development 732,960 765,871 714,251 51,620 Total expenditures 732,960 765,871 714,251 51,620 Excess (deficiency) of revenues
over (under) expenditures (28,140) (61,051) 422,357 483,408

OTHER FINANCING SOURCES (USES)
Transfers in 12,000 12,000 12,000 - Transfers out (65,740) (65,740) (65,740) - Total other financing sources (uses) (53,740) (53,740) (53,740) - Net change in fund balances (81,880)$ (114,791)$ 368,617 483,408$ Fund balances (deficit)-beginning 4,552,111
Fund balances (deficit)-ending 4,920,728$
124
ATTACHMENT 1

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

REVENUES
Charges for services 100,000$ 100,000 $ - $ (100,000)$ Investment income (loss) 5,500 5,500 14,011 8,511 Total revenues 105,500 105,500 14,011 (91,489)

EXPENDITURES
Current:

Community development 102,490 1,116,803 160,732 956,071 Total expenditures 102,490 1,116,803 160,732 956,071 Excess (deficiency) of revenues
over (under) expenditures 3,010 (1,011,303) (146,721) 864,582

OTHER FINANCING SOURCES (USES)
Transfers out (3,010) (3,010) (3,010) - Total other financing sources (uses) (3,010) (3,010) (3,010) - Net change in fund balances -$ (1,014,313)$ (149,731) 864,582$ Fund balances (deficit)-beginning 402,120
Fund balances (deficit)-ending 252,389$
125
ATTACHMENT 1

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

REVENUES
Investment income (loss) 1,000$ 1,000 $ 2,023 $ 1,023$ Total revenues 1,000 1,000 2,023 1,023

EXPENDITURES
Current:

Public Safety
Police 5,200 5,200 3,137 2,063 Total expenditures 5,200 5,200 3,137 2,063 Net change in fund balances (4,200) $ (4,200) $ (1,114) 3,086 $ Fund balances (deficit)-beginning 42,968
Fund balances (deficit)-ending 41,854$
126
ATTACHMENT 1

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

REVENUES
Investment income (loss) 3,060$ 3,060 $ 7,307 $ 4,247$ Miscellaneous 22,000 22,000 21,928 (72) Total revenues 25,060 25,060 29,235 4,175

EXPENDITURES
Current:

Parks and recreation 22,000 104,303 92 104,211 Total expenditures 22,000 104,303 92 104,211 Net change in fund balances 3,060$ (79,243)$ 29,143 108,386$ Fund balances (deficit)-beginning 145,658
Fund balances (deficit)-ending 174,801$
127
ATTACHMENT 1

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

REVENUES
Investment income (loss) 500$ 500 $ 10,639$ 10,139$ Total revenues 500 500 10,639 10,139

EXPENDITURES
Current:

Public works - - 135 (135) Total expenditures - - 135 (135) Net change in fund balances 500$ 500$ 10,504 10,004$ Fund balances (deficit)-beginning 226,650
Fund balances (deficit)-ending 237,154$
128
ATTACHMENT 1

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

REVENUES
Charges for services 162,180$ 297,750 $ 266,311 $ (31,439)$ Investment income (loss) 100 100 1,584 1,484 Total revenues 162,280 297,850 267,895 (29,955)

EXPENDITURES
Current:

Community development 162,200 297,770 266,332 31,438 Total expenditures 162,200 297,770 266,332 31,438 Net change in fund balances 80$ 80$ 1,563 1,483$ Fund balances (deficit)-beginning 2,249
Fund balances (deficit)-ending 3,812$
129
ATTACHMENT 1

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

REVENUES
Charges for services 496,230$ 524,332 $ 526,017 $ 1,685$ Investment income (loss) 1,020 2,006 2,701 695 Total revenues 497,250 526,338 528,718 2,380

EXPENDITURES
Current:

Community development 496,730 525,817 527,723 (1,906) Total expenditures 496,730 525,817 527,723 (1,906) Net change in fund balances 520$ 521$ 995 474$ Fund balances (deficit)-beginning (7,534)
Fund balances (deficit)-ending (6,539)$
130
ATTACHMENT 1

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

REVENUES
Charges for services 100,000$ 150,000 $ 12,802 $ (137,198)$ Investment income (loss) 2,000 2,000 6,480 4,480 Total revenues 102,000 152,000 19,282 (132,718)

EXPENDITURES
Current:

General Government
City Manager 400 154,983 81,771 73,212 Total expenditures 400 154,983 81,771 73,212 Net change in fund balances 101,600$ (2,983)$ (62,489) (59,506)$ Fund balances (deficit)-beginning 204,905
Fund balances (deficit)-ending 142,416$
131
ATTACHMENT 1

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

REVENUES
Intergovernmental 794,790$ 1,851,500 $ 318,210 $ (1,533,290)$ Total revenues 794,790 1,851,500 318,210 (1,533,290)

EXPENDITURES
Current:

Community development 530,250 1,483,143 590,371 892,772 Total expenditures 530,250 1,483,143 590,371 892,772 Net change in fund balances 264,540$ 368,357$ (272,161) (640,518)$ Fund balances (deficit)-beginning (366,277)
Fund balances (deficit)-ending (638,438)$
132
ATTACHMENT 1

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

REVENUES
Intergovernmental 1,918,790$ 1,918,790 $ 2,003,066 $ 84,276$ Investment income (loss) 8,000 8,000 19,335 11,335 Total revenues 1,926,790 1,926,790 2,022,401 95,611

EXPENDITURES
Current:

Public works 2,000 2,000 243 1,757 Total expenditures 2,000 2,000 243 1,757 Excess (deficiency) of revenues
over (under) expenditures 1,924,790 1,924,790 2,022,158 97,368

OTHER FINANCING SOURCES (USES)
Transfers out (1,715,290) (1,986,815) (1,986,815) - Total other financing sources (uses) (1,715,290) (1,986,815) (1,986,815) - Net change in fund balances 209,500$ (62,025)$ 35,343 97,368$ Fund balances (deficit)-beginning 354,963
Fund balances (deficit)-ending 390,306$
133
ATTACHMENT 1

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

REVENUES
Intergovernmental 2,137,310$ 2,137,310 $ 2,047,675 $ (89,635)$ Investment income (loss) - - 38,147 38,147 Total revenues 2,137,310 2,137,310 2,085,822 (51,488)

EXPENDITURES
Current:

Public works 500 500 453 47 Total expenditures 500 500 453 47 Excess (deficiency) of revenues
over (under) expenditures 2,136,810 2,136,810 2,085,369 (51,441)

OTHER FINANCING SOURCES (USES)
Transfers out (504,110) (1,457,110) (1,457,110) - Total other financing sources (uses) (504,110) (1,457,110) (1,457,110) - Net change in fund balances 1,632,700$ 679,700$ 628,259 (51,441)$ Fund balances (deficit)-beginning 152,389
Fund balances (deficit)-ending 780,648$
134
ATTACHMENT 1

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

REVENUES
Intergovernmental 10,477,000$ 10,477,000 $ 10,152,878 $ (324,122)$ Investment income (loss) 5,000 5,000 146,703 141,703 Total revenues 10,482,000 10,482,000 10,299,581 (182,419)

EXPENDITURES
Current:

Public works 4,500 4,500 1,831 2,669 Total expenditures 4,500 4,500 1,831 2,669 Excess (deficiency) of revenues
over (under) expenditures 10,477,500 10,477,500 10,297,750 (179,750)

OTHER FINANCING SOURCES (USES)
Transfers out (1,000,000) (11,899,521) (11,866,066) 33,455 Total other financing sources (uses) (1,000,000) (11,899,521) (11,866,066) 33,455 Net change in fund balances 9,477,500$ (1,422,021)$ (1,568,316) (146,295)$ Fund balances (deficit)-beginning 4,038,075
Fund balances (deficit)-ending 2,469,759$
135
ATTACHMENT 1

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

REVENUES
Taxes 2,681,000$ 2,681,000 $ 2,432,087 $ (248,913)$ Investment income (loss) 82,500 82,500 297,026 214,526 Total revenues 2,763,500 2,763,500 2,729,113 (34,387)

EXPENDITURES
Current:

Community development 60,300 4,022,753 36,272 3,986,481 Capital outlay - - 278 (278) Total expenditures 60,300 4,022,753 36,550 3,986,203 Excess (deficiency) of revenues
over (under) expenditures 2,703,200 (1,259,253) 2,692,563 3,951,816

OTHER FINANCING SOURCES (USES)
Transfers out (24,370) (524,370) (524,370) - Total other financing sources (uses) (24,370) (524,370) (524,370) - Net change in fund balances 2,678,830$ (1,783,623)$ 2,168,193 3,951,816$ Fund balances (deficit)-beginning 5,430,224
Fund balances (deficit)-ending 7,598,417$
136
ATTACHMENT 1

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

REVENUES
Intergovernmental -$ 15,000,000$ 4,852,320 $ (10,147,680)$ Total revenues - 15,000,000 4,852,320 (10,147,680)

EXPENDITURES
Current:

Community development - 14,800,000 2,838,077 11,961,923 Capital outlay - 200,000 5,991,918 (5,791,918) Debt service:

Principal - - 1,815,584 (1,815,584) Interest and fiscal charges - - 109,416 (109,416) Total expenditures - 15,000,000 10,754,995 4,245,005 Excess (deficiency) of revenues
over (under) expenditures - - (5,902,675) (5,902,675)

OTHER FINANCING SOURCES (USES)
Lease issuance - - 5,902,675 5,902,675 Total other financing sources (uses) - - 5,902,675 5,902,675 Net change in fund balances -$ -$ - -$ Fund balances (deficit)-beginning (1,395)
Fund balances (deficit)-ending (1,395)$
137
ATTACHMENT 1

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

REVENUES
Charges for services 41,000$ 41,000 $ 62,077 $ 21,077$ Total revenues 41,000 41,000 62,077 21,077

EXPENDITURES
Current:

Parks and recreation - - 27 (27) Capital outlay 27,000 27,000 30,770 (3,770) Total expenditures 27,000 27,000 30,797 (3,797) Net change in fund balances 14,000$ 14,000$ 31,280 17,280$ Fund balances (deficit)-beginning (1,477,161)
Fund balances (deficit)-ending (1,445,881)$
138
ATTACHMENT 1

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

REVENUES
Taxes 384,630$ 384,630 $ 222,441 $ (162,189)$ Investment income (loss) 510 510 50 (460) Total revenues 385,140 385,140 222,491 (162,649)

EXPENDITURES
Current:

Community development 25,500 25,500 3 25,497 Total expenditures 25,500 25,500 3 25,497 Excess (deficiency) of revenues
over (under) expenditures 359,640 359,640 222,488 (137,152)

OTHER FINANCING SOURCES (USES)
Transfers out (48,240) (48,240) (48,240) - Total other financing sources (uses) (48,240) (48,240) (48,240) - Net change in fund balances 311,400$ 311,400$ 174,248 (137,152)$ Fund balances (deficit)-beginning -
Fund balances (deficit)-ending 174,248$
139
ATTACHMENT 1

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

REVENUES
Intergovernmental 2,259,137$ 3,940,009 $ 1,488,250 $ (2,451,759)$ Charges for services 210,000 210,000 14,047 (195,953) Total revenues 2,469,137 4,150,009 1,502,297 (2,647,712)

EXPENDITURES
Current:

Public works 6,468,970 5,949,315 6,819,557 (870,242) Capital outlay 81,923,587 83,671,101 13,031,402 70,639,699 Total expenditures 88,392,557 89,620,416 19,850,959 69,769,457 Excess (deficiency) of revenues
over (under) expenditures (85,923,420) (85,470,407) (18,348,662) 67,121,745

OTHER FINANCING SOURCES (USES)
Transfers in 38,881,638 43,301,649 29,251,744 (14,049,905) Transfers out (5,787,031) (7,151,696) - 7,151,696 Total other financing sources (uses) 33,094,607 36,149,953 29,251,744 (6,898,209) Net change in fund balances (52,828,813) $ (49,320,454) $ 10,903,082 60,223,536 $ Fund balances (deficit)-beginning 69,559,026
Fund balances (deficit)-ending 80,462,108$
140
ATTACHMENT 1



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ATTACHMENT 1

CITY OF NAPA, CALIFORNIA
Combining Statement of Net Position
Internal Service Funds
June 30, 2024
ASSETS
Current assets:

Cash and investments 25,110,889$ 13,890,340$ 2,396,198$ Receivables (net of uncollectibles):

Accounts - 1,831 -
Interest 39,381 23,811 4,138
Federal, state and other governments - - - Prepaid items 6,120 - 140,134 Restricted:

Restricted cash and investments - - - Total current assets 25,156,390 13,915,982 2,540,470 Noncurrent:

Capital assets - net of accumulated depreciation/amortization - 12,322,055 - Total noncurrent assets - 12,322,055 - Total assets 25,156,390 26,238,037 2,540,470

DEFERRED OUTFLOWS OF RESOURCES
Pension-related 158,880 479,161 -
OPEB-related 26,644 63,936 -
Total deferred outflows of resources 185,524 543,097 -

LIABILITIES
Current liabilities:

Accounts payable and accrued liabilities 506,050 222,226 31,777 Compensated absences 4,821 - - Claims payable 3,659,231 - - Long-term debt - 5,630 - Total current liabilities 4,170,102 227,856 31,777 Noncurrent liabilities:

Compensated absences 37,368 47,675 - Claims payable 10,664,769 - - Net pension liability 883,769 2,467,448 - Net OPEB liability 9,664 23,189 - Total noncurrent liabilities 11,595,570 2,538,312 - Total liabilities 15,765,672 2,766,168 31,777

DEFERRED INFLOWS OF RESOURCES
Pension-related 89,074 82,507 - OPEB-related 25,212 60,500 -
Total deferred inflows of resources 114,286 143,007 -

NET POSITION
Net investment in capital assets - 12,316,425 - Restricted for OPEB - - - Net position, unrestricted 9,461,956 11,555,534 2,508,693 Total net position 9,461,956$ 23,871,959$ 2,508,693$ Risk
Management Fleet
Information
Technology
Replacement
142
ATTACHMENT 1

CITY OF NAPA, CALIFORNIA
Combining Statement of Net Position
Internal Service Funds
June 30, 2024
ASSETS
Current assets:

Cash and investments
Receivables (net of uncollectibles):

Accounts
Interest
Federal, state and other governments
Prepaid items
Restricted:

Restricted cash and investments
Total current assets
Noncurrent:

Capital assets - net of accumulated depreciation/amortization Total noncurrent assets
Total assets

DEFERRED OUTFLOWS OF RESOURCES
Pension-related
OPEB-related
Total deferred outflows of resources

LIABILITIES
Current liabilities:

Accounts payable and accrued liabilities
Compensated absences
Claims payable
Long-term debt
Total current liabilities
Noncurrent liabilities:

Compensated absences
Claims payable
Net pension liability
Net OPEB liability
Total noncurrent liabilities
Total liabilities

DEFERRED INFLOWS OF RESOURCES
Pension-related
OPEB-related
Total deferred inflows of resources

NET POSITION
Net investment in capital assets
Restricted for OPEB
Net position, unrestricted
Total net position
Total Internal
Service
Funds
2,439,075$ 959,530 $ 44,796,032$
495 - 2,326
- 1,708 69,038
803,919 - 803,919
- - 146,254 8,309,664 - 8,309,664
11,553,153 961,238 54,127,233
- - 12,322,055 - - 12,322,055 11,553,153 961,238 66,449,288
- - 638,041 3,101,124 - 3,191,704
3,101,124 - 3,829,745
- - 760,053 - - 4,821
- - 3,659,231 - - 5,630
- - 4,429,735 - - 85,043 - - 10,664,769 - - 3,351,217 1,124,759 - 1,157,612
1,124,759 - 15,258,641
1,124,759 - 19,688,376
- - 171,581 2,934,475 - 3,020,187
2,934,475 - 3,191,768
- - 12,316,425 8,309,664 - 8,309,664
2,285,379 961,238 26,772,800
10,595,043$ 961,238 $ 47,398,889$
Post
Employment
Benefits
Equipment
Replacement
143
ATTACHMENT 1

CITY OF NAPA, CALIFORNIA
Combining Statement of Revenues, Expenses and
Changes in Net Position
Internal Service Funds
For the Year Ended June 30, 2024

OPERATING REVENUES
Charges for services 13,687,956$ 5,411,487 $ 311,330$ Miscellaneous - 2,427,604 - Total operating revenues 13,687,956 7,839,091 311,330

OPERATING EXPENSES
Employee services and benefits 962,085 1,099,183 103,076 Materials and services 1,549,283 3,820,681 504,484 Insurance premiums and claims 11,741,926 - - Depreciation and amortization - 2,444,715 - Total operating expenses 14,253,294 7,364,579 607,560 Operating income (loss) (565,338) 474,512 (296,230)

NONOPERATING REVENUES (EXPENSES)
Investment income (loss) 915,141 676,259 64,120 Interest expense and fiscal charges - (53) - Gain (loss) on disposal of capital assets - 224,338 - Total nonoperating revenues (expenses) 915,141 900,544 64,120 Income (loss) before transfers 349,803 1,375,056 (232,110) Change in net position 349,803 2,041,056 (132,110) Net position-beginning 9,112,153 21,830,903 2,640,803 Net position-ending 9,461,956$ 23,871,959$ 2,508,693$ Risk
Management Fleet
Information
Technology
Replacement
144
ATTACHMENT 1

CITY OF NAPA, CALIFORNIA
Combining Statement of Revenues, Expenses and
Changes in Net Position
Internal Service Funds
For the Year Ended June 30, 2024

OPERATING REVENUES
Charges for services
Miscellaneous
Total operating revenues

OPERATING EXPENSES
Employee services and benefits
Materials and services
Insurance premiums and claims
Depreciation and amortization
Total operating expenses
Operating income (loss)

NONOPERATING REVENUES (EXPENSES)
Investment income (loss)
Interest expense and fiscal charges
Gain (loss) on disposal of capital assets
Total nonoperating revenues (expenses)
Income (loss) before transfers
Change in net position
Net position-beginning
Net position-ending
Total Internal
Service
Funds
1,098,318$ - $ 20,509,091$
- - 2,427,604 1,098,318 - 22,936,695
(485,754) - 1,678,590
1,179,332 294,569 7,348,349
- - 11,741,926 - - 2,444,715 693,578 294,569 23,213,580
404,740 (294,569) (276,885)
492,545 48,545 2,196,610
- - (53)
- - 224,338 492,545 48,545 2,420,895
897,285 (246,024) 2,144,010
3,897,285 (96,024) 6,060,010
6,697,758 1,057,262 41,338,879
10,595,043$ 961,238 $ 47,398,889$
Post
Employment
Benefits
Equipment
Replacement
145
ATTACHMENT 1

CITY OF NAPA, CALIFORNIA
Combining Statement of Cash Flows
Internal Service Fund
For the Year Ended June 30, 2024

CASH FLOWS FROM OPERATING ACTIVITIES
Receipts from customers 13,818,515$ 5,439,720 $ 311,330$ Payments to suppliers and service providers (13,029,112) (4,503,899) (529,442) Payments to employees for salaries and benefits (547,796) (940,653) (103,076) Other receipts (payments) 3,566,000 2,427,604 - Net cash provided by (used for)
operating activities 3,807,607 2,422,772 (321,188)

CASH FLOWS FROM NONCAPITAL

FINANCING ACTIVITIES
Transfers from other funds - 666,000 100,000 Operating grants and contributions - - - Net cash provided by (used for)
noncapital financing activities - 666,000 100,000

CASH FLOWS FROM CAPITAL AND RELATED

FINANCING ACTIVITIES
Acquisition and construction of capital assets - (4,526,462) - Principal paid on capital debt - (7,005) - Interest paid on capital debt - (53) - Proceeds from sales of assets - 224,338 - Net cash provided by (used for)
capital and related financing activities - (4,309,182) -

CASH FLOWS FROM INVESTING ACTIVITIES
Interest on investments 909,441 678,096 59,982 Net cash provided by (used for)
investing activities 909,441 678,096 59,982 Net increase (decrease) in
Cash and cash equivalents-beginning 20,393,841 14,432,654 2,557,404 Cash and cash equivalents-ending 25,110,889 $ 13,890,340 $ 2,396,198 $

RECONCILIATION OF CASH AND CASH EQUIVALENTS

TO THE STATEMENT OF NET POSITION
Cash and investments 25,110,889$ 13,890,340 $ 2,396,198$ Restricted cash and investments - - - Total cash and cash equivalents 25,110,889$ 13,890,340$ 2,396,198$ Risk
Management Fleet
Information
Technology
Replacement
146
ATTACHMENT 1

CITY OF NAPA, CALIFORNIA
Combining Statement of Cash Flows
Internal Service Fund
For the Year Ended June 30, 2024

CASH FLOWS FROM OPERATING ACTIVITIES
Receipts from customers
Payments to suppliers and service providers
Payments to employees for salaries and benefits
Other receipts (payments)
Net cash provided by (used for)
operating activities

CASH FLOWS FROM NONCAPITAL

FINANCING ACTIVITIES
Transfers from other funds
Operating grants and contributions
Net cash provided by (used for)
noncapital financing activities

CASH FLOWS FROM CAPITAL AND RELATED

FINANCING ACTIVITIES
Acquisition and construction of capital assets
Principal paid on capital debt
Interest paid on capital debt
Proceeds from sales of assets
Net cash provided by (used for)
capital and related financing activities

CASH FLOWS FROM INVESTING ACTIVITIES
Interest on investments
Net cash provided by (used for)
investing activities
Net increase (decrease) in
Cash and cash equivalents-beginning
Cash and cash equivalents-ending

RECONCILIATION OF CASH AND CASH EQUIVALENTS

TO THE STATEMENT OF NET POSITION
Cash and investments
Restricted cash and investments
Total cash and cash equivalents
Totals
1,930,534$ - $ 21,500,099$
(1,155,412) (294,569) (19,512,434)
- - (1,591,525) - - 5,993,604 775,122 (294,569) 6,389,744
3,000,000 150,000 3,916,000
(803,919) - (803,919)
2,196,081 150,000 3,112,081
- - (4,526,462) - - (7,005) - - (53)
- - 224,338 - - (4,309,182) 492,545 48,155 2,188,219
492,545 48,155 2,188,219
7,284,991 1,055,944 45,724,834
10,748,739$ 959,530 $ 53,105,696$
2,439,075$ 959,530 $ 44,796,032$
8,309,664 - 8,309,664
10,748,739$ 959,530 $ 53,105,696$
Post
Employment
Benefits
Equipment
Replacement
147
ATTACHMENT 1

CITY OF NAPA, CALIFORNIA
Combining Statement of Cash Flows
Internal Service Fund
For the Year Ended June 30, 2024

RECONCILIATION OF OPERATING INCOME (LOSS)

TO NET CASH PROVIDED BY (USED FOR)

OPERATING ACTIVITIES
Operating income (loss) (565,338)$ 474,512 $ (296,230)$ Adjustments to reconcile operating income (loss) to
net cash provided by (used for) operating activities:

Depreciation/amortization expense - 2,444,715 - (Increase) decrease in accounts receivable 130,559 28,233 - (Increase) decrease in prepaid items 202,613 - (33,595) Increase (decrease) in accounts payable and accrued liabilities 59,484 (683,218) 8,637 Increase (decrease) in compensated absences 29,391 - - Increase (decrease) in claims payable 3,566,000 - - Increase (decrease) in pension and related items 385,628 171,285 - Increase (decrease) in OPEB and related items (730) (12,755) - Total adjustments 4,372,945 1,948,260 (24,958) Net cash provided by (used for)
operating activities 3,807,607$ 2,422,772 $ (321,188) $

SCHEDULE OF NON-CASH NONCAPITAL, CAPITAL,

AND INVESTING ACTIVITIES
Unrealized gain/(loss) on fair value of investments (152,519)$ (142,290)$ (88,513)$ 148
ATTACHMENT 1

CITY OF NAPA, CALIFORNIA
Combining Statement of Cash Flows
Internal Service Fund
For the Year Ended June 30, 2024

RECONCILIATION OF OPERATING INCOME (LOSS)

TO NET CASH PROVIDED BY (USED FOR)

OPERATING ACTIVITIES
Operating income (loss)
Adjustments to reconcile operating income (loss) to
net cash provided by (used for) operating activities:

Depreciation/amortization expense
(Increase) decrease in accounts receivable
(Increase) decrease in prepaid items
Increase (decrease) in accounts payable and accrued liabilities Increase (decrease) in compensated absences
Increase (decrease) in claims payable
Increase (decrease) in pension and related items
Increase (decrease) in OPEB and related items
Total adjustments
Net cash provided by (used for)
operating activities

SCHEDULE OF NON-CASH NONCAPITAL, CAPITAL,

AND INVESTING ACTIVITIES
Unrealized gain/(loss) on fair value of investments
404,740$ (294,569) $ (276,885)$
- - 2,444,715 832,216 - 991,008
159,397 - 328,415
(135,477) - (750,574)
- - 29,391 - - 3,566,000 - - 556,913 (485,754) - (499,239)
370,382 - 6,666,629$
775,122$ (294,569) $ 6,389,744 $
-$ (879)$ (384,201)$
149
ATTACHMENT 1

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150
ATTACHMENT 1


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ATTACHMENT 1

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152
ATTACHMENT 1



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153
ATTACHMENT 1

2024 2023 2022 2021 2020
Governmental Activities
Net investment in capital assets 359,880$ 352,519$ 357,052$ 364,600$ 378,521$ Restricted 76,246 81,709 128,514 91,843 78,781 Unrestricted (deficit) 27,014 3,856 (67,586) (71,626) (54,455) Total governmental activities net position 463,140 438,084 417,980 384,817 402,847 Business-type Activities
Net investment in capital assets 70,800 69,439 68,321 69,287 70,385 Restricted - 2 - - -
Unrestricted 78,144 77,020 75,591 60,621 44,300 Total business-type activities net position 148,944 146,461 143,912 129,908 114,685 Primary Government
Net investment in capital assets 430,680 421,762 425,373 433,887 448,906 Restricted 76,246 81,710 128,514 91,843 78,781 Unrestricted (deficit) 105,158 81,073 8,005 (11,005) (10,155) Total primary government activities net position 612,084 $ 584,545 $ 561,892 $ 514,725 $ 517,532 $ Source: City of Napa -Finance Department
City of Napa - Financial Trends Information
Net Position by Component
Last Ten Fiscal Years
(Accrual basis accounting, in thousands)
Fiscal Year
154
ATTACHMENT 1

2019 2018 2017 2016 2015
Governmental Activities
Net investment in capital assets 358,507$ 369,603$ 351,563$ 351,129$ 357,559$ Restricted 82,878 83,834 43,100 41,722 37,848 Unrestricted (deficit) (55,165) (57,495) (33,037) (41,524) (55,768) Total governmental activities net position 386,220 395,942 361,626 351,327 339,639 Business-type Activities
Net investment in capital assets 70,082 71,873 73,653 75,328 75,160 Restricted - 12,398 12,667 724 169 Unrestricted 33,891 14,499 25,684 37,519 31,439 Total business-type activities net position 103,973 98,770 112,004 113,571 106,768 Primary Government
Net investment in capital assets 428,589 441,476 425,216 426,457 431,719 Restricted 82,878 96,232 55,767 42,446 38,017 Unrestricted (deficit)1 (21,274) (42,996) (7,354) (4,005) (24,329) Total primary government activities net position 490,193 $ 494,712 $ 473,629 $ 464,898 $ 446,407 $ Source: City of Napa - Finance Department
Note: 1The significant decrease in Unrestricted Net Position in FY2015 and FY2018 is due to the impl ementation GASB Statement Nos. 68 and 75 respectively.

City of Napa - Financial Trends Information
Net Position by Component (Continued)
Last Ten Fiscal Years
(Accrual basis accounting, in thousands)
Fiscal Year
155
ATTACHMENT 1

2024 2023 2022 2021 2020
Expenses:

Governmental activities
General Government 32,532$ 24,416$ 15,415$ 16,051$ 19,195$ Public Safety 65,896 62,732 51,549 60,348 60,967 Public Works 32,374 31,086 31,716 36,010 8,455 Parks & Recreation 11,211 9,746 8,365 6,797 8,928 Community Development 34,847 35,898 24,337 25,787 27,095 Interest on long -term debt 227 454 - - - Total Governmental activities expenses 177,087 164,332 131,382 144,993 124,639 Business-type activities
Water 38,640 33,097 29,899 32,044 32,327 Solid Waste and Recycling 43,518 44,355 34,503 32,941 34,339 Housing - - - - - Total business-type activities expenses 82,158 77,452 64,402 64,985 66,666 Total Primary government expenses 259,245$ 241,784$ 195,784$ 209,978$ 191,305$ Source: City of Napa - Finance Department
City of Napa - Financial Trends Information
Changes in Net Position
Last Ten Fiscal Years
(Accrual basis accounting, in thousands)
Fiscal Year
156
ATTACHMENT 1

2024 2023 2022 2021 2020
Program Revenues:

Governmental activities
Charges for Services
General Government 7,357 $ 9,672 $ 9,932 $ 6,229 $ 14,604$ Public Safety 7,500 5,925 9,147 8,353 8,515 Public Works 4,734 2,814 2,819 1,627 3,141 Parks and Recreation 1,668 2,266 3,933 1,084 2,065 Community Development 8,565 8,205 11,048 7,230 9,092 Operating grants and contributions 33,226 23,773 18,663 20,523 15,858 Capital grants and contributions 15,726 14,652 15,734 10,631 8,583 Total governmental activities program revenues 78,776 67,307 71,276 55,677 61,858 Business type activities
Charges for Services
Water 38,531 37,753 34,909 39,512 41,559 Solid Waste and Recycling 43,103 44,477 42,836 39,219 34,472 Housing - - - - - Operating grants and contributions 524 2,913 2,325 2,678 1,262 Capital grants and contributions 2,873 1,181 1,504 1,274 1,375 Total business-type activities program revenues 85,031 86,324 81,575 82,684 78,669 Total Primary government revenues 163,807$ 153,631$ 152,851$ 138,361$ 140,527$ Net (expense)/revenue
Governmental activities (98,311)$ (97,026)$ (60,106)$ (89,315)$ (62,782)$ Business-type activities 2,873 8,872 17,172 17,698 12,001 Total Primary government net expense (95,438)$ (88,154)$ (42,934)$ (71,617)$ (50,781)$ Source: City of Napa - Finance Department
Changes in Net Position (Continued)
Last Ten Fiscal Years
(Accrual basis accounting, in thousands)
Fiscal Year
City of Napa - Financial Trends Information
157
ATTACHMENT 1

2024 2023 2022 2021 2020
General Revenues and other changes in net position
Governmental activities
Taxes
Property taxes 50,441 $ 48,642 $ 42,180 $ 41,128 $ 35,816$ Franchise taxes 2,227 2,222 2,043 1,970 1,991 Sales taxes 22,659 22,593 20,360 17,557 15,751 Transient Occupancy 31,905 34,666 32,245 12,670 18,098 Investment earnings - 4,364 (9,771) 70 2,058 Sale of Capital Assets - - - 240 2,476 Use of money and property** 10,367 - - - - Other** 501 - - - - Transfers 5,269 3,803 3,623 3,013 3,222 Total governmental activities 123,369 116,290 90,679 76,647 79,411 Business -type activities
Investment earnings (2,529) 455 538 1,934 Sale of Capital Assets - - - - - Use of money and property 4,333 - - - - Other 546 - - - - Transfers (5,269) (3,803) (3,623) (3,013) (3,222) Total business-type activities (390) (6,332) (3,168) (2,475) (1,288) Total primary government 122,979 109,958 87,511 75,172 78,123 Special Items (Transfer to Successor Agency Trust) - - - - - Extraordinary Items - Governmental activities - - - - - Change in Net Position
Governmental activities 25,057 19,264 30,574 (12,667) 16,629 Business-type activities 2,483 2,540 14,004 15,223 10,713 Total primary government 27,540$ 21,804$ 44,578$ 2,556$ 27,343$ Source: City of Napa - Finance Department
Note: In FY2024, two additional categories were added under general revenue: use of money and property, and other.

Changes in Net Position (Continued)
Last Ten Fiscal Years
(Accrual basis accounting, in thousands)
Fiscal Year
City of Napa - Financial Trends Information
158
ATTACHMENT 1

2019 2018 2017 2016 2015
Expenses:

Governmental activities
General Government 12,251 $ 15,239 $ 14,341 $ 15,519 $ 21,312$ Public Safety 57,304 49,743 44,774 39,402 38,299 Public Works 32,576 30,825 23,840 19,689 17,370 Parks & Recreation 8,634 10,576 9,378 8,874 7,598 Community Development 24,738 25,322 5,809 8,538 7,970 - - - - Total Governmental activities expenses 135,502 131,705 98,142 92,022 92,549 Business-type activities
Water 28,060 27,174 27,553 25,133 25,699 Solid Waste and Recycling 30,475 27,328 23,373 21,425 22,563 Housing - - 14,846 12,623 12,571 Total business-type activities expenses 58,535 54,502 65,772 59,181 61,833 Total Primary government expenses 194,037$ 186,207$ 163,914$ 151,203$ 153,382$ Source: City of Napa - Finance Department
City of Napa - Financial Trends Information
Changes in Net Position (Continued)
Last Ten Fiscal Years
(Accrual basis accounting, in thousands)
Fiscal Year
159
ATTACHMENT 1

2019 2018 2017 2016 2015
Program Revenues:

Governmental activities
Charges for Services
General Government 8,237 $ 9,387 $ 10,303 $ 7,129 $ 6,300$ Public Safety 8,153 8,530 7,587 7,617 5,155 Public Works 2,059 1,840 1,407 1,378 5,042 Parks & Recreation 2,300 1,423 2,008 1,323 2,670 Community Development 7,829 14,334 8,962 5,959 5,175 Operating grants and contributions 15,822 16,222 3,264 4,652 1,948 Capital grants and contributions 14,388 28,028 3,950 5,359 2,293 Total governmental activities program revenues 58,788 79,764 37,481 33,417 28,583 Business type activities
Charges for Services
Water 33,209 30,687 26,849 26,980 24,946 Solid Waste and Recycling 28,584 28,625 26,963 26,487 24,249 Housing - - 1,337 1,236 1,415 Operating grants and contributions 3,200 365 12,298 11,860 11,539 Capital grants and contributions 803 2,189 1,072 3,195 2,450 Total business-type activities program revenues 65,797 61,866 68,519 69,758 64,599 Total Primary government revenues 124,585$ 141,630$ 106,000$ 103,175$ 93,182$ Net (expense)/revenue
Governmental activities (76,715)$ (51,942)$ (60,660)$ (58,606)$ (63,966)$ Business-type activities 7,261 7,365 2,747 10,577 3,767 Total Primary government net expense (69,454)$ (44,577)$ (57,913)$ (48,029)$ (60,199)$ Source: City of Napa - Finance Department
City of Napa - Financial Trends Information
Changes in Net Position (Continued)
Last Ten Fiscal Years
(Accrual basis accounting, in thousands)
Fiscal Year
160
ATTACHMENT 1

2019 2018 2017 2016 2015
General Revenues and other changes in net position
Governmental activities
Taxes
Property taxes 35,256 $ 31,478 $ 28,684 $ 28,431 $ 27,915$ Franchise taxes 2,019 2,070 2,057 2,014 1,981 Sales taxes 18,153 16,778 16,059 15,947 16,184 Transient Occupancy 23,530 20,076 19,460 18,233 15,869 Investment earnings 2,085 (158) 99 574 686 Sale of Capital Assets 61 268 190 743 - Use of money and property - - - - - Other - - - - - Transfers 3,951 4,149 4,408 4,334 4,304 Total governmental activities 85,056 74,661 70,957 70,276 66,939 Business -type activities
Investment earnings 1,853 318 93 544 172 Sale of Capital Assets 40 - - 16 - Use of money and property - - - - - Other - - - - - Transfers (3,951) (4,149) (4,408) (4,334) (4,304) Total business-type activities (2,058) (3,831) (4,315) (3,774) (4,132) Total primary government 82,998 70,830 66,642 66,502 62,807 Special Items (Transfer to Successor Agency Trust) - - - 19 - Extraordinary Items - Governmental activities - - - - 2,173 Change in Net Position
Governmental activities 8,340 22,718 10,298 11,688 5,145 Business-type activities 5,203 3,534 (1,567) 6,803 (365) Total primary government 13,543$ 26,253$ 8,731$ 18,491$ 4,780$ Source: City of Napa - Finance Department
City of Napa - Financial Trends Information
Changes in Net Position (Continued)
Last Ten Fiscal Years
(Accrual basis accounting, in thousands)
Fiscal Year
161
ATTACHMENT 1

2024 2023 2022 2021 2020
General Fund
Nonspendable 3,626$ 3,773$ 2,691$ 3,148$ 3,466$ Restricted 354 316 5,151 317 263 Committed 16,635 15,522 15,396 15,396 15,396 Assigned 2,995 1,882 8,563 6,424 4,600 Unassigned (deficit) 24,871 20,352 (7,678) 5,490 7,008 Total general fund 48,481 41,845 24,123 30,775 30,733 All other governmental funds
Nonspendable 5,333 61 13 13 12 Restricted 56,484 52,995 85,586 69,369 63,482 Committed 78,498 69,552 29,795 22,462 22,466 Assigned - - - - - Unassigned (deficit) (2,369) (2,152) (1,626) (1,597) (1,593) Total all other governmental funds 137,946$ 120,456$ 113,768$ 90,247$ 84,367$ Source: City of Napa - Finance Department
Note: For FY2020-2023, the amounts reported within the categories have been updated to correctly reflect what was stated on the Governmental Funds Balance Sheet statement.

City of Napa - Financial Trends Information
Fund Balances of Governmental Funds
Last Ten Fiscal Years
(Accrual basis accounting, in thousands)
Fiscal Year
162
ATTACHMENT 1

2019 2018 2017 2016 2015
General Fund
Nonspendable 4,002$ 3,411$ 1,275$ 537$ 523$ Restricted 195 125 73 51 28 Committed 13,554 13,004 2,422 500 500 Assigned 12,114 7,771 21,043 18,874 13,968 Unassigned (deficit) 6,116 4,107 1,724 3,051 6,224 Total general fund 35,981 28,418 26,537 23,013 21,243 All other governmental funds
Nonspendable 11 - 675 - 859 Restricted 56,870 51,282 43,465 38,181 25,886 Committed 25,997 32,552 28,057 31,698 31,474 Assigned - - 208 1,589 3,313 Unassigned (deficit) (1,611) (1,615) (1,609) (1,662) (1,721) Total all other governmental funds 81,267$ 82,219$ 70,796$ 69,806$ 59,811$ Source: City of Napa - Finance Department
City of Napa - Financial Trends Information
Fund Balances of Governmental Funds (Continued)
Last Ten Fiscal Years
(Accrual basis accounting, in thousands)
Fiscal Year
163
ATTACHMENT 1

2024 2023 2022 2021 2020
Revenues
Taxes 106,485$ 107,354 $ 79,477$ 57,006 $ 59,358$ Licenses and permits 8,537 7,744 7,310 7,881 6,667 Intergovernmental 51,315 40,557 56,412 49,564 40,542 Charges for services 19,880 14,186 18,694 11,272 13,465 Investment income (loss) 8,170 5,190 (9,155) 249 4,565 Miscellaneous 501 510 471 279 2,903 Contribution from owners (Gasser CFD) - - - - - Total Revenues 194,888 175,541 153,209 126,251 127,500 Expenditures
General government
City Council 341 303 313 293 375 City Clerk 1,163 1,071 1,155 1,029 950 City Manager 6,856 1,786 1,549 1,253 1,728 Finance 4,362 8,261 7,357 6,873 7,032 City Attorney 1,499 1,448 1,269 1,000 1,197 Human Resources 2,361 1,924 1,451 1,173 1,255 General Services 9,583 7,753 4,063 2,874 2,765 Public safety
Police 37,645 35,062 33,566 31,498 32,244 Fire 24,896 23,386 23,305 21,702 19,553 Community Development 34,521 35,511 25,058 25,297 26,157 Parks & Recreation 10,511 8,987 8,625 6,416 8,495 Public Works 21,240 20,323 15,753 11,932 11,974 Capital Outlay 22,292 7,695 9,232 10,939 18,473 Debt Service
Principal 3,439 851 407 216 211 Interest and fiscal charges 254 264 52 48 54 Total Expenditures 180,963 154,625 133,158 122,546 132,462 Excess of revenues over/(under) expenditures 13,925 20,916 20,052 3,706 (4,961) Other financing sources (uses)
Transfer in 34,164 63,961 29,958 14,981 27,211 Transfer out (32,811) (60,534) (30,449) (12,765) (26,787) Lease issuance 5,904 283 82 - - Subscription issuance 2,942 60 - - - Sale of capial assets - - - - 2,392 Total Other Financing Sources 10,199 3,770 (409) 2,216 2,816 Extraordinaary Items (Transfer to/from Successor Agency - - - - - Net Change in fund balances 24,124$ 24,686 $ 19,643 $ 5,922$ (2,145)$ Debt service as a percentage of non-capital expenditures 2% 1% 0% 0 0% Source: City of Napa - Finance Department
Fiscal Year
City of Napa - Financial Trends Information
Changes in Fund Balances of Government Funds
Last Ten Fiscal Years
(Modified accrual basis accounting, in thousands)
164
ATTACHMENT 1

2019 2018 2017 2016 2015
Revenues
Taxes 64,379$ 56,992 $ 53,173 $ 51,555 $ 46,861$ Licenses and permits 6,350 6,462 6,082 5,753 4,766 Intergovernmental 48,581 37,860 20,693 24,078 23,344 Charges for services 11,184 24,272 13,961 11,651 12,030 Investment income (loss) 4,317 97 173 1,238 632 Miscellaneous 554 1,094 3,196 681 504 Contribution from owners (Gasser CFD) - 18,005 - - - Total Revenues 135,365 144,782 97,278 94,956 88,137 Expenditures
General government -
City Council 311 291 307 317 307 City Clerk 1,012 824 983 795 829 City Manager 1,236 1,217 1,228 1,185 1,174 Finance 6,561 6,285 6,168 5,351 5,203 City Attorney 1,037 1,100 1,038 928 867 Human Resources 1,121 1,200 1,154 1,146 1,034 General Services 2,960 3,274 1,960 1,907 6,260 Public safety -
Police 30,124 28,797 27,061 25,786 23,741 Fire 19,327 18,248 17,113 15,818 14,560 Community Development 23,790 25,123 7,536 7,203 7,976 Parks & Recreation 8,291 10,210 9,373 8,855 7,565 Public Works 11,209 12,411 9,443 10,047 7,675 Capital Outlay 18,064 32,006 13,987 10,900 9,267 Debt Service
Principal 206 200 373 320 473 Interest and fiscal charges 59 64 13 23 3 Total Expenditures 125,307 141,247 97,737 90,581 86,934 Excess of revenues over/(under) expenditures 10,059 3,535 (459) 4,376 1,203 Other financing sources (uses)
Transfer in 21,679 23,770 12,902 21,936 21,237 Transfer out (19,354) (19,574) (8,010) (17,495) (16,163) Lease issuance - - - - - Subscription issuance - - - - - Sale of capial assets - 155 79 2,933 772 Total Other Financing Sources 2,325 4,351 4,971 7,374 5,846 Extraordinaary Items (Transfer to/from Successor Agency - - 19 2,173 1,220 Net Change in fund balances 12,384$ 7,886$ 4,531 $ 13,923$ 8,269 $ Debt service as a percentage of non-capital expenditures 0% 0% 0% 0 %1 % Source: City of Napa - Finance Department
Fiscal Year
City of Napa - Financial Trends Information
Changes in Fund Balances of Government Funds (Continued) Last Ten Fiscal Years
(Modified accrual basis accounting, in thousands)
165
ATTACHMENT 1

Fiscal Year
Real
Property
Personal
Property
Total Taxable
Assessed
Value
Net Increase /
(Decrease)
Amount
Net
Increase % Direct Tax Rate
2015 9,456$ 247$ 9,703$ - - 0.20484% 2016 10,056 265 10,321 618 6% 0.20484% 2017 10,696 291 10,993 672 7% 0.20636% 2018 11,403 308 11,711 718 7% 0.20786% 2019 12,044 321 12,365 654 6% 0.20757% 2020 12,964 337 13,301 936 8% 0.21005% 2021 13,582 361 13,943 642 5% 0.21091% 2022 14,171 357 14,528 585 4% 0.21075% 2023 15,245 359 15,604 1076 7% 0.19242% 2024 16,376 416 16,792 1188 8% 0.19168% Source: HdL, Coren & Cone as of FY24
Note: Table has been restated from previous years to comply with GASB Statement No. 44 City of Napa - Revenue Capacity Information
Assessed Value and Estimated Actual Value of Taxable Property Last Ten Fiscal Years
(in millions)
166
ATTACHMENT 1

Fiscal Year County City Education
Lake Park
Maintenance
District
River Park
Maintenance
District Total
2015 1.0000% 0.0150% 0.0954% 0.1125% 0.1688% 1.3917%
2016 1.0000% 0.0150% 0.0889% 0.1125% 0.1688% 1.3852%
2017 1.0000% 0.0150% 0.1396% 0.1125% 0.1688% 1.4359%
2018 1.0000% 0.0150% 0.1261% 0.1125% 0.1688% 1.4224%
2019 1.0000% 0.0150% 0.1217% 0.1125% 0.1688% 1.4180%
2020 1.0000% 0.0150% 0.1103% 0.1125% 0.1688% 1.4066%
2021 1.0000% 0.0150% 0.1061% 0.1125% 0.1688% 1.4024%
2022 1.0000% 0.0150% 0.1061% 0.1125% 0.1688% 1.4024%
2023 1.0000% 0.0150% 0.1007% 0.1125% 0.1688% 1.3970%
2024 1.0000% 0.0150% 0.0951% 0.1125% 0.1688% 1.3914%
City of Napa - Revenue Capacity Information
Direct and Overlapping Property Tax Rates
Last Ten Fiscal Years
Source: Napa County Auditor data, HdL, Coren & Cone as of FY2024. 167
ATTACHMENT 1

Taxpayer Assessed Value Rank
Percentage
of Total
Assessed
Valuation Assessed Value Rank
Percentage
of Total
Assessed
Valuation
Meritage Resort LLC 256,343,212$ 1 1.53% 90,590,551$ 2 0.93% Kaiser 196,645,481.00 2 1.17% 263,855,090 1 2.70% SRGA Resort LP 192,797,507 3 1.15%
Fairfield Napa Phase I/II LLC 103,233,003 4 0.61% KHP V Napa LLC 102,513,460 5 0.61%
Mani NVR Napa (DE) LLC 94,077,890 6 0.56%
Napa LW Hotel Associates LP 87,951,551 7 0.52% TC Hawthorne LLC ET AL 80,451,759 8 0.48%
IA Lodging Napa First LLC 70,219,847 9 0.42% 72,131,316 5 0.74% South Napa Fee LLC 66,838,849 10 0.40%
Inland American Lodging Napa Solano LLC 0.00% 72,444,735 4 0.74% Hawthorn Village Limited Partnership 0.00% 64,441,742 6 0.66% Chelsea Financing Partnership LP 0.00% 50,120,087 8 0.51% Shell Owners Association West 0.00% 44,422,922 9 0.45% First American Title County Of Napa 0.00% 54,909,819 7 0.56% Peter And Vernice H Gasser Foundation 0.00% 74,446,345 3 0.76% US REIF S Saratoga Apartments 0.00% 39,798,200 10 0.41% Total 1,251,072,559$ 7.45% 827,160,807 8.46% Source: HdL, Coren & Cone as of FY2024
2024 2015
City of Napa - Revenue Capacity Information
Principal Property Taxpayers
Current Year and Nine Years Ago
168
ATTACHMENT 1

Fiscal Year
ended June 30
Total Tax Levy for
Fiscal Year1 Amount
Percentage of
Levy
2015 16,558,128$ 16,558,128$ 100%
2016 17,253,718 17,253,718 100%
2017 17,959,034 17,959,034 100%
2018 19,708,417 19,708,417 100%
2019 22,306,678 22,306,678 100%
2020 22,930,519 22,930,519 100%
2021 25,138,080 25,138,080 100%
2022 30,579,862 30,579,862 100%
2023 29,556,237 29,556,237 100%
2024 32,925,230 32,925,230 100%
1 Information from Tyler Munis general ledger
Note: 1Levy does not include ERAF or RDA pass through.

City of Napa - Revenue Capacity Information
Property Tax Levies and Collections
Last Ten Fiscal Years
Collected within the Fiscal Year
of the Levy
169
ATTACHMENT 1

Fiscal Year Ended
June 30
Housing
Authority Debt Capital Debt Lease Liability 1
Subscription
Liability2
Total
Governmental
Activities
2015 -$ 1,442,767$ -$ -$ 1,442,767$
2016 -
1,335,322
-
- 1,335,322
2017 -
1,219,889
-
- 1,219,889
2018 1,225,210 1,103,299
-
- 2,328,509
2019 1,137,375 985,540
-
- 2,122,915
2020 1,045,727 866,626
-
- 1,912,353
2021 949,602 746,494
-
- 1,696,096
2022 848,972 625,159
11,236,565 - 12,710,696
2023
735,484 502,887
11,266,392 1,286,534 13,791,297
2024 626,804 378,836
5,691,759 3,124,157 9,821,556
Notes:
1Lease Liability has been added as of FY22 due to the implementation of GASB 87 2Subscription Liability has been added as of FY23 due to the implementation of GASB 96 Governmental Activities
City of Napa - Debt Capacity Information
Ratios of Outstanding Debt by Type
Last Ten Fiscal Years
170
ATTACHMENT 1

Fiscal Year Ended
June 30
Water
Revenue
Bonds
Solid Waste
Revenue
Bonds
Lease
Liability1
Subscription
Liability1
Loans &
Notes
Payable
Total
Business
Type
Activities
2015 43,140,673$ -$ -$ -$ 5,599,244$ 48,739,917$ 2016 47,989,710 - - - 1,389,321 49,379,031 2017 44,060,559 12,432,687 - - 1,309,114 57,802,360 2018 44,046,408 12,436,427 - - - 56,482,835 2019 41,947,257 11,895,167 - - - 53,842,424 2020 39,753,108 11,348,906 - - - 51,102,014 2021 37,458,956 10,797,646 - - - 48,256,602 2022 35,069,807 10,236,385 - - - 45,306,191 2023 32,752,448 9,668,944 - 262,539 - 42,683,930 2024 30,336,411 9,087,487 1,090,477 385,594 - 40,899,968 Notes:
1Subscription Liability has been added as of FY23 due to the implementation of GASB 96 Business Type Activities
Last Ten Fiscal Years
Ratios of Outstanding Debt by Type (Continued)
City of Napa - Debt Capacity Information
171
ATTACHMENT 1

Fiscal Year
Ended June 30
Total Primary
Government
Percentage of
Personal Income Debt Per Capita
2015 50,182,684$ 2.11% 641
2016 50,714,353 2.07% 629
2017 59,022,249 2.29% 732
2018 58,811,344 2.17% 731
2019 55,965,339 1.92% 704
2020 53,014,367 1.73% 669
2021 49,952,698 1.56% 629
2022 58,016,887 1.77% 749
2023 56,475,227 1.59% 735
2024 50,721,524 1.32% 655
Notes:
1Subscription Liability has been added as of FY23 due to the implementation of GASB 96 Last Ten Fiscal Years
Ratios of Outstanding Debt by Type (Continued)
City of Napa - Debt Capacity Information
172
ATTACHMENT 1

City Assessed Valuation 16,792,113,015 $
Total Debt at
June 30, 2024
Percentage
Applicable1
Estimated Share
of Overlapping
Debt
Direct and Overlapping Tax and Assessment Debt
Napa Joint Community College District 69,617,723$ 31.541% 21,958,126$ Napa Valley Unified School District 443,899,855 46.930% 208,322,202 City of Napa Community Facilities District No. 2017-1 17,785,000 100.000% 17,785,000 California Statewide Development Authority 1915 Act Bonds 1,548,600 100.000% 1,548,600 Total Direct and Overlapping Tax and Assessment Debt 249,613,928 Direct and Overlapping General Fund Obligation Debt
Napa County Board of Education Certificates of Participation 11,140,000 31.810% 3,543,634 Napa Valley Unified School District General Fund Obligations 1,705,000 46.930% 800,157 Total Overlapping General Fund Obligation Debt 4,343,791 Total Overlapping Debt 253,957,719
Total Direct and Overlapping Debt 2
253,957,719$
Source: California Municipal Statistics, Inc
Note:
1 Applicable percentages were estimated by determining the portion of the overlapping district's assessed value that if within the boundaries of the city divided by the district's total taxable assessed value. 2 Excludes tax and revenue anticipation notes, revenue, mortgage revenue and non-bonded capital lease obligations.

City of Napa - Debt Capacity Information
Direct and Overlapping Debt
As of June 30, 2024
173
ATTACHMENT 1

2024 2023 2022 2021 2020
Assessed valuation 16,792,113.02 15,603,505.00 14,528,006.00 13,943,261.00 13,301,265.00 Conversion percentage 25% 25% 25% 25% 25%
Adjusted assessed valuation 4,198,028 3,900,876 3,632,002 3,485,815 3,325,316 Debt limit percentage 15% 15% 15% 15% 15%
Debt limit 629,704 585,131 544,800 522,872 498,797 Legal debt margin 629,704$ 585,131$ 544,800$ 522,872$ 498,797$ Total debt applicable to the limit
as percentage of debt limit 0.0% 0.0% 0.0% 0.0% 0.0%
Source: Napa County Assessment Roll - Cities
City of Napa - Debt Capacity Information
Legal Debt Margin
Last Ten Fiscal Years
(in millions)
Fiscal Year
174
ATTACHMENT 1

2019 2018 2017 2016 2015
Assessed valuation 12,450,453$ 11,775,669$ 11,078,940$ 10,406,262$ 9,787,994$ Conversion percentage 25% 25% 25% 25% 25%
Adjusted assessed valuation 3,112,613 2,943,917 2,769,735 2,601,566 2,446,999 Debt limit percentage 15% 15% 15% 15% 15%
Debt limit 466,892 441,588 415,460 390,235 367,050 Legal debt margin 466,892$ 441,588$ 415,460$ 390,235$ 367,050$ Total debt applicable to the limit
as percentage of debt limit 0.0% 0.0% 0.0% 0.0% 0.0%
Source: Napa County Assessment Roll - Cities
Fiscal Year
City of Napa - Debt Capacity Information
Legal Debt Margin (Continued)
Last Ten Fiscal Years
(in millions)
175
ATTACHMENT 1

Fiscal Year
Ended June 30
Gross Water
Revenues
Less
Expenses
Net
Available
Revenues Principal Interest
Notes
Payable
City System
Coverage
2015 24,945,963 19,254,164 5,691,799 1,245,000 2,052,894 391,537 1.54 2016 30,174,654 25,132,975 5,041,679 - 419,545 391,537 6.22 2017 28,051,071 24,095,608 3,955,463 1,680,000 1,736,050 391,537 1.04 2018 30,686,645 25,535,076 5,151,569 1,765,000 1,637,342 - 1.51 2019 37,725,405 26,718,269 11,007,136 1,850,000 1,568,380 - 3.22 2020 45,930,824 26,718,269 19,212,555 1,945,000 1,455,092 - 5.65 2021 43,920,412 34,643,772 9,276,640 2,045,000 1,357,008 - 2.73 2022 38,733,045 24,444,292 14,288,753 2,140,000 1,253,967 - 4.21 2023 37,153,597 33,936,885 3,216,712 2,160,000 1,164,800 - 0.97 2024 45,649,739 33,575,242 12,074,497 2,180,000 1,056,800 - 3.73 Fiscal Year
Ended June 30
Gross Solid
Waste
Revenues
Less
Expenses
Net
Available
Revenues Principal Interest
Notes
Payable
City System
Coverage
2015 24,248,868 22,297,405 1,951,463 - - - - 2016 26,536,033 21,425,404 5,110,629 - - - - 2017 27,070,203 22,789,573 4,280,630 - 91,520 - 46.77 2018 28,624,734 26,758,912 1,865,822 - 567,544 - 3.29 2019 30,935,739 29,848,450 1,087,289 545,000 323,239 - 1.25 2020 34,669,468 35,853,679 (1,184,211) 550,000 314,169 - (1.37) 2021 39,300,430 33,354,538 5,945,892 555,000 306,237 - 6.90 2022 43,295,704 32,749,610 10,546,094 565,000 297,124 - 12.23 2023 45,202,288 45,879,648 (677,360) 570,000 291,028 - (0.79) 2024 44,213,648 41,863,705 2,349,943 585,000 279,643 - 2.72 Debt Service
Water
Debt Service
Solid Waste Revenue Bonds
City of Napa - Debt Capacity Information
Pledged Revenue Coverage
Last Ten Fiscal Years
176
ATTACHMENT 1

Year
Population
(1)
Personal
Income
(in thousands)
Per Capita
Income
School
Enrollment (3)
Unemployment
Rate (4)
2015 78,242 2,382,782 3,044 21,002 4.4%
2016 80,576 2,448,373 30,385 20,817 4.1%
2017 80,628 2,572,773 31,909 20,562 4.0%
2018 80,403 2,710,863 33,715 18,093 3.2%
2019 79,490 2,914,797 36,668 17,849 2.3%
2020 79,278 3,061,788 38,620 17,666 12.6%
2021 79,397 3,195,711 40,249 17,240 6.1%
2022 77,480 3,274,857 42,267 19,012 2.7%
2023 76,821 3,556,309 46,293 16,441 3.6%
2024 77,492 3,848,944 49,873 16,393 4.3%
1) Population projections are provided by United States Census Bureau EDD's Bureau of Labor Statistics Department.
in this statistic.
4) Unemployment Rate is provided by the EDD's Bureau of Labor Statistics Department. 3) School Enrollment is provided by the CA Department of Education; student enrollment reflects the total number of students enrolled in the Napa Valley Unified School District; other school district within the City are not accounted for City of Napa - Demographic and Economic Information
Demographic and Economic Statistics
Last Ten Years
2) From FY 2015-2023, personal income is derived from HdL Coren & Con; for FY2024, the data is derived from 177
ATTACHMENT 1

Employer Name1
Number of
Employees1 Rank
Percentage of
Total City
Employment
Number of
Employees Rank
Percentage of
Total City
Employment
County of Napa 1,441 1 3.46% 1,900 1 4.46%
Napa Valley Unified School District 1,416 2 3.40% 1,248 3 2.93% Napa Valley College 825 3 1.98% 290 6 0.68%
City of Napa 638 4 1.53% 458 4 1.08%
Newton Vineyard LLC 200 5 0.48%
The Meadows of Napa Valley 193 6 0.46%
Napa Valley Wine Train 193 7 0.46%
The Westin Verasa Napa 168 8 0.40%
Whole Foods Market 165 9 0.40%
Napa Valley Marriott Hotel & Spa 164 10 0.39%
Home Depot 1,365 2 3.20%
Queen of the Valley Hospital 292 5 0.69%
Target 275 7 0.65%
Walmart Supercenter 200 8 0.47%
Kohl's Department Store 190 9 0.45%
Meritage Resort and Spa
Kaiser Permanente 180 10 0.42%
Total Top 10 Employers 5,403 12.96% 6,398 15.02%
Total City Labor Force2
41,700 42,600
Source:
1Workforce Alliance of the North Bay
2Labor Force data is provided by the EDD's Bureau of Labor Statistics Department. 2024 2015
City of Napa - Demographic and Economic Information
Principal Employers
Current Fiscal Year and Nine Years Ago
178
ATTACHMENT 1

Function/Program 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 Governmental Activities
General Government 65 63 60 62 63 59 59 57 57 54
Public Safety
Police 131 129 129 131 132 139 138 132 132 131
Fire 74 74 74 74 74 76 74 70 69 68
Public Works 86 85 83 83 83 86 79 77 73 64
Parks and recreation 40 41 43 39 39 62 70 65 64 67
Community development
and Housing 47 44 44 41 41 40 38 38 38 35
Business type Activities
Water Utility 69 66 66 68 68 67 63 61 60 60
Solid Waste and Recycling 88 7 7 7 88 7 7 7
TOTAL 520 510 506 505 506 537 530 508 501 487
Source: City of Napa - Finance Department
City of Napa - Demographic and Economic Information
Full-Time Equivalent City Government Employees by Function/Program Last Ten Fiscal Years
Fiscal Year
179
ATTACHMENT 1

Function/Program 2024 2023 2022 2021 2020
Police
Physical arrests 1,867 2,087 2,009 1,724 2,305 Parking violations 7,959 6,398 5,570 4,377 4,787 Traffic violations 6,478 4,040 2,089 503 3,156 Fire
Number of calls answered 11,448 11,098 10,199 9,702 10,347 Inspections 2,908 2,817 1,710 1,211 1,650 Highways and streets
Street resurfacing (miles) 15 5 6 4 9 Potholes repairs 1,200 1,500 1,327 972 1,903 Solid Waste and Recycling
Refuse collected (tons/day) 91 91 - 93 89 Recyclables collected (tons/day) 67 65 - 77 69 Green Waste collected (tons/day) 77 74 - 65 75 Culture and recreation
Athletic field permits issued 31 12 11 11 9 Water
New connections 62 36 35 23 55 Water Main breaks 61 66 53 59 51 Average daily consumption
(per thousand gallons) 12 11 11 13 13 Source: City of Napa
City of Napa - Operating Information
Operating Indicators by Function/Program
Last Ten Fiscal Years
Fiscal Year
180
ATTACHMENT 1

Function/Program 2019 2018 2017 2016 2015
Police
Physical arrests 2,414 2,943 2,933 3,803 3,803 Parking violations 5,970 5,184 5,367 2,953 2,953 Traffic violations 2,933 3,095 5,152 4,835 4,835 Fire
Number of calls answered 9,987 9,894 8,996 8,969 8,802 Inspections 2,045 1,275 1,689 1,598 1,401 Highways and streets
Street resurfacing (miles) 4 5 10 10 6 Potholes repairs 2,348 363 467 320 383 Solid Waste and Recycling
Refuse collected (tons/day) 94 93 95 93 89 Recyclables collected (tons/day) 78 71 71 76 76 Green Waste collected (tons/day) 71 72 74 75 72 Culture and recreation
Athletic field permits issued 12 15 12 8 18 Water
New connections 49 115 62 62 98 Water Main breaks1 51 40 57 68 272 Average daily consumption
(per thousand gallons) 12 12 11 11 12 Source: City of Napa
1233 of the 272 water main breaks in 2015 were related to the August 24, 2014 South Napa Earthquake Fiscal Year
City of Napa - Operating Information
Operating Indicators by Function/Program (Continued)
Last Ten Fiscal Years
181
ATTACHMENT 1

Function/Program 2024 2023 2022 2021 2020
Police
Police Stations 1 1 1 1 1 Police Vehicles 54 54 46 47 45 Police Motorcycles 4 4 4 4 4 Fire
Fire stations 5 5 5 5 5 Fire Apparatus 15 11 11 11 11 Highways and Streets
Streets (miles)1 248 222 244 243 243 Parks & Recreation
Parks 54 54 62 55 55 Parks (acreage) 955 955 940 814 816 Tennis Courts 2 2 2 2 2 Community Centers 2 2 2 3 3 Wastewater
Storm Drain (miles) 346 346 346 346 346 Water
Reservoirs 2 2 2 2 2 Solid Waste and Recycling
Facility 1 1 1 1 1 `
Golf Course
Napa Golf Course 1 1 1 1 1 Source: City of Napa
Note: 1 Street miles within the City jurisdiction, excludes private-owned.

Fiscal Year
City of Napa - Operating Information
Capital Asset Statistics by Function
Last Ten Fiscal Years
182
ATTACHMENT 1

Function/Program 2019 2018 2017 2016 2015
Police
Police Stations 1 1 1 1 1 Police Vehicles 42 39 37 46 27 Police Motorcycles 4 4 4 4 5 Fire
Fire stations 5 5 4 4 4 Fire Apparatus 11 11 11 9 10 Highways and Streets
Streets (miles)1 243 240 239 237 237 Parks & Recreation
Parks 55 55 55 54 54 Parks (acreage) 816 816 815 814 810 Tennis Courts 2 2 2 2 2 Community Centers 3 3 3 3 3 Wastewater
Storm Drain (miles) 346 153 152 152 152 Water
Reservoirs 2 2 2 2 2 Solid Waste and Recycling
Facility 1 1 1 1 1 `
Golf Course
Napa Golf Course 1 1 1 1 1 Source: City of Napa
Note: 1 Street miles within the City jurisdiction, excludes private-owned.

Fiscal Year
City of Napa - Operating Information
Capital Asset Statistics by Function (Continued)
Last Ten Fiscal Years
183
ATTACHMENT 1

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184
ATTACHMENT 1