Minutes — Ripon City Council, December 9, 2025 (part 1 of 2)

Ripon City Council Minutes
TUESDAY, DECEMBER 09, 2025 – 6:00 PM

REGULAR MEETING
CLOSED SESSION AT 5:30 PM
CLOSED SESSION: The closed session meeting was called to order at 5:30 PM.

PUBLIC DISCUSSION ON CLOSED SESSION MATTERS: No one from the public wished to speak at this time.

ROLL CALL: Council Members Leo Zuber, Michael Restuccia, Dean Uecker, Vice Mayor Gary Barton, Mayor Daniel de Graaf.

OTHERS PRESENT: City Administrator Kevin Werner, City Attorney Tom Terpstra Jr., City Clerk Lisa Roos.

IN THE MATTER OF:

1. CONFERENCE WITH LEGAL COUNSEL – EXISTING LITIGATION pursuant to Section 54956.9(d)(1) of the California Government Code. a. Liberty Self Storage, L.P. v. City of Ripon; Ripon Consolidated Fire District Case #: STK CV-UWM-2025-0007527
b. City of Ripon v. David Hegarty Case #: STK-CV-UED-2025-7194 c. California Sportfishing Protection Alliance v. Eastern San Joaquin Groundwater Authority Case #: CV-20-001720
Return to open session.

City Attorney Terpstra said Council met in closed session, staff was given direction and no reportable action was taken.

PLEDGE OF ALLEGIANCE:

The meeting was called to order at 6:00 PM with Mayor de Graaf leading in the Pledge of Allegiance to the Flag.

INVOCATION:

Pastor Rex Rodgers gave the invocation.

ROLL CALL:

Attendee Name Title Status Arrived
Daniel de Graaf Mayor Present
Gary Barton Vice Mayor Present
Dean Uecker Council Member Present
Michael Restuccia Council Member Present
Leo Zuber Council Member Present
City Council Page 2 December 9, 2025
OTHERS PRESENT:

City Administrator Kevin Werner, City Attorney Tom Terpstra Jr., Planning Director Ken Zuidervaart, Recreation Director Kye Stevens, Director of Public Works James Pease, Police Chief Daniel Sauer, City Clerk Lisa Roos, Deputy City Clerk Jane Kilgore, Information Systems Technician Elizabeth Farnam, Rex Rodgers, The Hobbs, Emily Parker, Janet Robinson, Bill Hudson, Emil Guillermo, Mark Burns, Laurie Wesenberg, Matt and Christine Bettencourt, Theresa De, Mark Nicholson, Tom Vander Weide, Carrie Sweet.

PUBLIC DISCUSSION:

Emil Guillermo, Ripon Poet Laureate, said he had written a short poem about Ripon and proceeded to read it.

APPROVAL OF MINUTES:

Motion to approve the minutes of the Regular Ripon City Council meeting of November 10, 2025.

RESULT: ADOPTED [UNANIMOUS]
MOVER: Michael Restuccia, Council Member
SECONDER: Leo Zuber, Council Member
AYES: Barton, Uecker, Restuccia, Zuber, de Graaf,

1. CITY COUNCIL - REGULAR MEETING - NOV 10, 2025 6:00 PM COUNCIL REORGANIZATION:

Per Ordinance No. 800, RMC Section 2.04.020 Mayoral Selection, Council Members shall be seated as follows:

Seat 1 Mayor Gary Barton
Seat 2 Vice Mayor Dean Uecker
Seat 3 Council Member Michael Restuccia
Seat 4 Council Member Leo Zuber
Seat 5 Council Member Daniel de Graaf
(Per RMC 2.04.020, the designated Mayor and Vice Mayor must be queried to accept or decline the positions.)
City Clerk Roos led the Council Reorganization. She said she has queried both Gary Barton and Dean Uecker whether they want to serve in the respective seats of Mayor and Vice Mayor and both have confirmed. Council Members were seated in their new, respective seats and the meeting was handed over to Mayor Gary Barton.

Mayor Barton said he had many people to thank and appreciated everyone who came out to show their support. He said he also wanted to recognize City staff for the work they do.

City Council Page 3 December 9, 2025
APPROVAL OF AGENDA AS POSTED (OR AMENDED):

Motion to approve the agenda as posted.

RESULT: ADOPTED [UNANIMOUS]
MOVER: Michael Restuccia, Council Member
SECONDER: Leo Zuber, Council Member
AYES: de Graaf, Barton, Uecker, Restuccia, Zuber

1. CONSENT CALENDAR
Motion to approve the Consent Calendar as posted.

RESULT: ADOPTED [UNANIMOUS]
MOVER: Leo Zuber, Council Member
SECONDER: Michael Restuccia, Council Member
AYES: de Graaf, Barton, Uecker, Restuccia, Zuber

1.1. Income
A. STATE OF CALIFORNIA
Sales Tax
(November 2024 $433,691.92)
FY 2025-26 YTD: $2,023,471
FY 2024-25 YTD: $1,986,592
Highway Users Tax
(October 2024 $37,919.75)
FY 2025-26 YTD: $159,357
FY 2024-25 YTD: $168,406
SB1 Street & Road Tax
(November 2024 $41,353.19)
FY 2025-26 YTD: $193,086
FY 2024-25 YTD: $185,872
$610,965.28
$35,483.37
$42,609.95
TOTAL $689,058.60
B. CCATT HOLDINGS
Monthly Acacia Avenue Cell Tower Lease Payment
November 2025 $1,336.34
C. WASTE MANAGEMENT
Monthly Franchise Fee Payment - October 2025 $3,932.06
D. CHARTER COMMUNICATIONS
Quarterly Franchise Fee Payment – September 2025 $18,683.30 City Council Page 4 December 9, 2025

1.2. Bills, Invoices, Payments
A. J D E ENGINEERING, INC.

Construction Management and Inspection Services
September – December 2025
Progress Payment – Invoice #1017 $17,625.00
B. CALIFORNIA CAD SOLUTIONS, INC.

Progress Payment FY 2025-2026
Invoice #701882 $1,400.00
C. PRICE PAIGE & COMPANY
Audit Services
Progress Payment - Invoice #37193 $2,130.00
Progress Payment - Invoice #37220 $2,841.00
TOTAL $4,971.00
D. GRANICUS LEGISLATIVE MANAGEMENT
Annual Legislative Management System Renewal
Invoice #215687
Digital Boardroom
Agenda & Minutes
Extended Support
$9,702.33
$10,352.33
$5,000.00
TOTAL $25,054.66
E. LIEBERT CASSIDY WHITMORE
Professional Employment Law Services
Invoice #309238 $2,665.50
F. LAW OFFICE OF THOMAS H. TERPSTRA, JR.

General Matters
Police Department
$10,738.00
$1,062.00
TOTAL $11,800.00
G. RIPON CHAMBER OF COMMERCE
2026 Membership Investment
Invoice #6505 $185.00
H. SAN JOAQUIN REGIONAL TRANSIT DISTRICT
Blossom Express Driver
November 2025 Invoice #AR038191 $1,715.30
I. STANTEC CONSULTING SERVICES, INC.

Wastewater Discharge Permit Groundwater Monitoring
2025 3rd Quarter Report - Invoice #2487687 $2,466.00
City Council Page 5 December 9, 2025
J. WGR SOUTHWEST, INC.

City Storm Water Permit Assistance
Progress Payment – Invoice #32773 $425.00
K. SIEGFRIED ENGINEERING, INC.

Civil Design for the N. Ripon Rd./River Rd. Intersection Project Progress Payment – Invoice #50972 $6,132.50
L. LSC TRANSPORTATION CONSULTANTS, INC.

Short Range Transit Plan
Progress Payment – Invoice #82412 $530.00
M. GROVER LANDSCAPE SERVICES, INC.

Landscape Repair Project
Progress Payment – Invoice #8 $239,880.70

1.3. Resolutions
A. RESOLUTION NO. 25-38

A RESOLUTION OF THE CITY

COUNCIL OF THE CITY OF RIPON

ACCEPTING THE CITY OF RIPON

FINANCIAL STATEMENTS AND

INDEPENDENT AUDITOR'S

REPORT FOR THE YEAR ENDED
JUNE 30, 2025
This resolution accepts the City of Ripon
Financial Statements and Independent
Auditor’s Report for the year ended June
30, 2025, prepared by Price Paige &
Company Accountancy Corporation.

B. RESOLUTION NO. 25-39

A RESOLUTION OF THE CITY

COUNCIL OF THE CITY OF RIPON

ACCEPTING THE CITY OF RIPON

MONEY PURCHASE THRIFT

PENSION PLAN FINANCIAL

STATEMENTS AND

INDEPENDENT AUDITOR'S
REPORT JUNE 30, 2025 AND 2024
This resolution accepts the City of Ripon
Money Purchase Thrift Plan Financial
Statements and Independent Auditor’s
Report June 30, 2025 and 2024, prepared
by Price Paige & Company Accountancy
Corporation.

1.4. Miscellaneous Items
A. ELECTRIC VEHICLE CHARGING STATION PROJECT
Valley 29 Electric Award the contract for the Electrical Vehicle Charging Station Project to
Valley 29 Electric in the amount of
$135,650 and authorize staff to proceed
(funding source: Carbon Reduction
Program Grant).

City Council Page 6 December 9, 2025
**END OF CONSENT CALENDAR**

2. PUBLIC HEARINGS
Council will take action on the following items at the conclusion of each Public Hearing.

A. AB1600 DEVELOPMENT IMPACT FEE ANNUAL REPORT FOR FISCAL YEAR 2024-25
This is a public hearing on the AB1600
Development Impact Fee Annual Report
for fiscal year 2024-25 as required by
Government Code Section 66000 et seq.

Recommended Action: Adopt the
AB1600 Development Impact Fee Annual
Report for fiscal year 2024-25 that has
been prepared in accordance with the
provisions of the California Government
Code.

City Clerk Roos said this is a public hearing on our annual report of capital fees for the fiscal year ending June 30, 2025.

Roos said the staff report provides information for the Council regarding this AB1600- Development Impact Fee Annual report also known as the Public Facility Financing Plan Annual Progress Report and the requirements under Government Code Section 66000 along with how this Report ties to the Fund Summary Balances report as of June 30, 2025.

Roos said staff recommends the Ripon City Council adopt the AB1600 Development Impact Fee Annual Report for fiscal year 2024-2025.

PUBLIC HEARING OPENED
No one from the public wished to speak at this time.

PUBLIC HEARING CLOSED
Motion to adopt the AB1600 Development Impact Fee Annual Report for fiscal year 2024-25.

RESULT: ADOPTED [UNANIMOUS]
MOVER: Daniel de Graaf, Council Member
SECONDER: Michael Restuccia, Council Member
AYES: de Graaf, Barton, Uecker, Restuccia, Zuber
City Council Page 7 December 9, 2025
B. GENERAL PLAN AMENDMENT (GP25-128) AND REZONE (Z25-127) RESOLUTION NO. 25-40

A RESOLUTION OF THE CITY

COUNCIL OF THE CITY OF RIPON

APPROVING A GENERAL PLAN MAP

AMENDMENT TO ALLOW FOR THE

REZONING OF THE PROPERTIES
LOCATED AT 1408 AND 1444 W. MAIN
STREET (APN'S 259-090-27 AND 259-
090-28)
This is a public hearing on a request to
amend the General Plan Land Use
designation and zoning classification on
two parcels located at 1408 and 1444 W.

Main Street.

Recommended Action: Should the City
Council agree with the Planning
Commission and Staff recommendations,
the following motions would be
appropriate:

1. Approve the 1408 and 1444 W.

Main Street General Plan Land Use
Map Amendment (GP25-128) and
adopt the attached resolution; and

2. Affirms the Planning Commission's
determination that the project is
categorically exempt from CEQA
pursuant to Sections 15061(b)(3)
(Common Sense Exemption) and
15301 (Existing Facilities), as
discussed in the staff report.

Vice Mayor Uecker left the meeting.

Planning Director Zuidervaart provided an overview of the proposed General Plan Amendment and Rezone for the properties at 1408 and 1444 West Main Street. The request seeks to change the zoning from Professional Office (PO) to Community Commercial (C2), aligning with the City’s long-term vision for strengthening the West Main Street corridor. He said the C2 designation would expand opportunities for retail and service-oriented businesses while still allowing professional office uses to continue, offering greater flexibility for both the property owners and the community.

Zuidervaart said that the applicant is requesting the C2 zoning to allow a small animal veterinary clinic within a portion of the building at 1444 West Main Street, as veterinary hospitals are not permitted under current PO zoning. He said a detailed parking analysis showed that the combined building area of 15,502 square feet requires a maximum of 65 parking spaces under conservative commercial standards, and the site currently provides 67 spaces. He said even with the proposed clinic, parking remains adequate, and the City will continue to review future tenant changes to ensure no parking or circulation impacts occur.

Zuidervaart said that while community commercial uses can generate higher trip volumes, the appointment-based nature of the veterinary clinic and the corridor’s arterial design ensure traffic can be accommodated without reducing service levels. He said the proposal aligns with General Plan goals for corridor revitalization and community-serving land uses. He said City Council Page 8 December 9, 2025
the Planning Commission held a public hearing on November 17, 2025, received no opposition and unanimously recommended approval.

Council Member Restuccia said he did not support changing the zoning, saying that he believed the area was properly zoned when originally adopted. He expressed concern that rezoning one building among several would amount to spot zoning and could create longterm issues. He emphasized that parking in the complex is already insufficient based on his personal experience and argued that higher-intensity C2 uses, such as veterinary clinics, retail, or restaurants, would put additional pressure on the surrounding buildings. He added that while he is willing to correct zoning mistakes, he does not believe this area is mis-zoned, and he questioned the compatibility of a veterinary clinic near restaurant uses. He said he worries about the types of future uses that might be approved once the zoning is changed and how those could further strain parking and traffic.

Zuidervaart said that only two of the buildings are zoned Professional Office and explained that the third building on the corner is already zoned Community Commercial. He stated that parking on the site meets requirements and that concerns about future uses can be managed because the City can deny permits that exceed available parking. He acknowledged that parking generation manuals are imperfect but noted they provide a consistent benchmark for evaluating uses.

Zuidervaart confirmed that there was no opposition during the Planning Commission hearing and explained that parking impacts vary from business to business, just as they do at other sites in town.

Council Member de Graaf said he shared concerns about parking and asked whether certain C2 uses could overwhelm the site or be inappropriate for the area. He also asked whether the waste generated by a veterinary clinic had been evaluated and what recourse the City would have if parking became a problem after a business opened.

Zuidervaart said the City could deny high-demand uses like restaurants if they would exceed available parking and explained that medical waste requirements fall under separate regulations. He added that a new trash enclosure would be required on-site.

PUBLIC HEARING OPENED
No one from the public wished to speak at this time.

PUBLIC HEARING CLOSED
City Council Page 9 December 9, 2025
Motion to approve Resolution 25-40 finding that the proposed project is categorically exempt from the California Environmental Quality Act (CEQA) pursuant to Sections 15061(b)(3) (Common Sense Exemption) and 15301 (Existing Facilities), as described in the staff report; and approving the proposed General Plan Land Use Amendment (GPA25-128) and Rezone (Z25-127) from Professional Office (PO) to Community Commercial (C2) for the subject properties located at 1408 and 1444 W. Main Street, subject to the conditions of approval contained in the staff report.

RESULT: ADOPTED [3 TO 1]
MOVER: Leo Zuber, Council Member
SECONDER: Daniel de Graaf, Council Member
AYES: de Graaf, Barton, Zuber
NAYS: Restuccia
ABSTAIN: Uecker

3. ORDINANCES
Second Reading and Adoption
A. ORDINANCE NO. 933

AN ORDINANCE OF THE CITY

COUNCIL OF THE CITY OF RIPON

REZONING CERTAIN REAL
PROPERTY LOCATED AT 1408 AND
1444 W. MAIN STREET (APNS 259-090-
28 AND 259-090-27) IN THE CITY OF
RIPON
This ordinance rezones properties located
at 1408 and 1444 W. Main Street (APNs
259-090-28 and 259-090-27) from PO
(Professional Office) to C2 (Community
Commercial).

Planning Director Zuidervaart said this is the first reading of the ordinance approving the proposed General Plan Land Use Amendment (GPA25-128) and Rezone (Z25-127) from Professional Office (PO) to Community Commercial (C2) for the subject properties located at 1408 and 1444 W. Main Street, subject to the conditions of approval contained in this staff report.

Motion to waive the first reading and introduce Ordinance 933 rezoning properties located at 1408 and 1444 W. Main Street (APNs 259-090-28 and 259-090-27) from PO (Professional Office) to C2 (Community Commercial).

RESULT: FIRST READING [3 TO 1] Next: 1/13/2026 6:00 PM
MOVER: Leo Zuber, Council Member
SECONDER: Daniel de Graaf, Council Member
AYES: de Graaf, Barton, Zuber
NAYS: Restuccia
ABSTAIN: Uecker
Uecker returned to the meeting.

City Council Page 10 December 9, 2025
Second Reading and Adoption
B. ORDINANCE NO. 932

AN ORDINANCE OF THE CITY

COUNCIL OF THE CITY OF RIPON
ESTABLISHING CHAPTER 16.218 OF

THE RIPON MUNICIPAL CODE TO BE

COMPLIANT WITH STATE LAW
This ordinance establishes expedited,
streamlined, and ministerial permitting
processes for Electric Vehicle Charging
Stations within the City of Ripon to comply
with California Government Code Sections
65850.7 and 65850.71.

Planning Director Zuidervaart said this is the second reading of Ordinance 932 that establishes expedited, streamlined, and ministerial permitting processes for Electric Vehicle Charging Stations within the City of Ripon to comply with California Government Code Sections 65850.7 and 65850.71.

Motion to waive the second reading and adopt Ordinance 932 establishing expedited, streamlined, and ministerial permitting processes for Electric Vehicle Charging Stations within the City of Ripon to comply with California Government Code Sections 65850.7 and 65850.71.

RESULT: ADOPTED [UNANIMOUS]
MOVER: Leo Zuber, Council Member
SECONDER: Michael Restuccia, Council Member
AYES: de Graaf, Barton, Uecker, Restuccia, Zuber

4. DISCUSSION ITEMS
A. MEMORANDUM OF UNDERSTANDING
Discussion/Action City Council to approve the Memorandum of Understanding between the City of
Ripon and Ripon Consolidated Fire
District that establishes each agency’s role
in the Fire District’s pursuit of a fire
suppression assessment pursuant to
Proposition 218, including the sharing of
cost on a 50/50 basis.

City Administrator Werner said that in 2021, the City and the Ripon Consolidated Fire District entered into a memorandum of understanding that defined each agency’s roles as the District pursued a Proposition 218 assessment to increase operating revenue. He explained that, as part of that agreement, the City and the District shared consultant costs equally. He noted that the assessment ultimately failed in August 2024 because it did not receive the required majority approval.

Werner said the Fire District has now decided to move forward with another Proposition 218 fire suppression assessment to secure additional operating revenue. He stated that the City Council and the District’s 2x2 committee have reviewed the matter and are City Council Page 11 December 9, 2025
recommending approval of a new memorandum of understanding, similar to the previous one that would again split costs on a 50/50 basis.

Werner said the District has already received consultant proposals for the required engineer’s report and that the total estimated cost is just under $119,000. He noted that the City’s share under the proposed cost split would be just over $59,000.

Fire Chief DeHart said he appreciated the opportunity to speak and noted that the staff report accurately outlined how the District reached this point. He explained that the District attempted a Proposition 218 assessment last year, but it did not pass. Despite the setback, he said the District regrouped quickly and began evaluating what was needed to continue providing adequate service to residents of both the City of Ripon and the broader District.

DeHart said the District ultimately concluded that raising revenue was the only viable path forward. After reviewing all options, he said they determined there were only two mechanisms available: a special tax, which would require approval from two-thirds of the District’s registered voters, or a benefit assessment under Proposition 218, similar to the prior attempt, which would be determined by property owners. He said a committee of 20 to 25 residents, called the “With Ripon Fire” committee, has been working closely with the District to help guide the next steps.

DeHart said the District serves 56 square miles with just one fire station, one engine staffed with two personnel, an ambulance staffed with two personnel, and a battalion chief overseeing operations. He described how the District is overwhelmed by concurrent calls, noting that last year there were 528 instances where new calls came in while personnel were already responding to another emergency. He said that when the District cannot respond, surrounding agencies such as Manteca, Escalon, or Salida must step in, resulting in response times as long as 14 to 16 minutes, delays he called unacceptable. He said the only true solution is funding to staff a second engine.

DeHart said one of the most common messages he heard during the previous Proposition 218 effort was that residents did not understand the Fire District, its operations, or its challenges. He said his goal this time is to ensure the opposite, that by the end of the process, residents will be fully informed. He said he has held five town hall meetings and has spoken to any group willing to invite him, including HOAs and civic clubs, focusing primarily on educating the public about the District’s history, structure and service demands.

DeHart said the District learned a great deal from the previous assessment, including where support was strong and where it was lacking. He said the District has detailed voting data that identifies its weak areas and the concerns frequently raised by property owners, such as tax fatigue. He said the District plans to adjust the proposal where legally permissible while still ensuring that the revenue generated will meet operational needs.

He said the target timeline is to mail ballots in late May and collect them by August 1 so the assessment could be included in the 2026–27 tax roll.

DeHart said the District has hired SCI, a California-based consulting firm, to guide the process and determine whether the tentative timeline is achievable. He emphasized that the District will follow the consultant’s recommendations, as it is critical to get the City Council Page 12 December 9, 2025
proposal right; if this second attempt fails, he said it would be extremely difficult to pursue a third effort immediately afterward. He concluded by stating that the District has applied everything learned from the previous attempt and thanked the council for considering the item.

Council Member Restuccia said he appreciated how hard DeHart had been working on the assessment effort, noting that although the public may not know all the details, more residents are becoming aware that the District is facing challenges. He said that because the fire department always shows up when called, people often assume everything is fine.

Restuccia emphasized the importance of ensuring ballots are signed correctly this time, reminding DeHart that many ballots were disqualified in the last attempt because signatures were placed on the wrong line.

Restuccia said he had also spoken at some of the outreach events about ISO ratings and believed this should be emphasized more strongly to the community. He explained that the District’s current ISO rating of 3 could worsen if response times continue to increase.

He said a higher rating would raise homeowners’ insurance premiums, but that increase would not prevent fires, it would only affect reimbursement after losses. He said it may cost residents less to support the assessment than to absorb future insurance hikes, and he encouraged the District to highlight that cost-benefit comparison.

Council Member de Graaf said he appreciated everything the DeHart had done to promote the District and acknowledged the extensive outreach efforts already underway.

He said he regularly worked with Proposition 218 processes and felt the DeHart had gone above and beyond in communicating with the public.
de Graaf said that although the consultant’s proposal appeared expensive at first glance, the scope of work and the firm’s background suggested they were well qualified and likely the right choice for this assessment. He said their approach seemed aligned with what the District needs to ensure the measure has a chance of passing. He concluded by encouraging DeHart to continue engaging with the community and reinforcing the message about the District’s needs.

On behalf of the public, City Clerk Roos read the following public comment received via email: Jim Dachenhaus said the agenda item listed online as “Memorandum of Understanding” was insufficiently descriptive and not transparent under the Brown Act.

Dachenhaus stated that the title did not clearly indicate that the item related to shared costs associated with a fire assessment process under Proposition 218. Dachenhaus said that the vague title could be viewed as misleading and that agenda titles should fully inform the public of the business being considered.

Dachenhaus also expressed opposition to the fire assessment and any related cost increases, noting that other cities with larger populations successfully operate with a single fire station. Dachenhaus stated that many seniors in Ripon are on limited incomes and cannot afford additional financial burdens. He concluded with a request for clearer and more transparent agenda titles in the future.

City Council Page 13 December 9, 2025
Werner said staff reviewed the concerns and confirmed that the agenda language is compliant with the Brown Act. He explained that the issue raised stemmed from how the item appeared on the City’s website, not from the official agenda before the Council. He said staff communicated this clarification directly to the resident who submitted the comment and referred him to the formal agenda description, which meets legal requirements.

Motion to approve the Memorandum of Understanding between the City of Ripon and Ripon Consolidated Fire District that establishes each agency’s role in the Fire District’s pursuit of a fire suppression assessment pursuant to Proposition 218, including the sharing of cost on a 50/50 basis.

RESULT: ADOPTED [UNANIMOUS]
MOVER: Daniel de Graaf, Council Member
SECONDER: Michael Restuccia, Council Member
AYES: de Graaf, Barton, Uecker, Restuccia, Zuber
B. SAN JOAQUIN ONE VOICE ADVOCACY TRIP 2026
Discussion/Action If the City Council is interested in sending a representative or representatives to
participate in the 2026 One Voice trip,
please designate and approve the City’s
representative(s) to attend.

City Administrator Werner said San Joaquin One Voice is San Joaquin Council of Government’s (SJCOG) federal advocacy program for San Joaquin County that promotes projects, programs and issues of regional significance to federal legislators and agencies typically through an annual trip to Washington, D.C.

Werner said the City of Ripon does not have a project that meets the criteria identified by SJCOG for a project submittal for the 2026 One Voice trip. He said SJCOG will be submitting a regional project that impacts the City of Ripon, which is the State Route 99/120 Connector Project, Phase 1B. He said Phase 1A of the project, which addresses eastbound SR 120 and southbound SR 99, is entering the construction phase. Werner said SJCOG’s intent is to complete the design and right-of-way phases of Phase 1B during the Phase 1A construction period, allowing Phase 1B to enter construction seamlessly upon the completion of Phase 1A.

Council discussed and agreed to send Mayor Barton as the Ripon representative. Barton said he would be willing to attend.

Motion to authorize a Council Member to attend the One Voice Advocacy Trip in May 2026.

RESULT: ADOPTED [UNANIMOUS]
MOVER: Leo Zuber, Council Member
SECONDER: Michael Restuccia, Council Member
AYES: de Graaf, Barton, Uecker, Restuccia, Zuber
City Council Page 14 December 9, 2025
C. COUNCIL COMMITTEE AND TASK FORCES
Discussion/No Action Mayor Barton to discuss Council
Committee and Task Force appointments
for 2026.

Mayor Barton and Council discussed Council Committee assignments. Barton asked Deputy City Clerk Kilgore to send a list of current Council Committee assignments to him and Council.

REPORTS
Department Heads:

Planning Director Zuidervaart said there will not be a December Planning Commission meeting.

Public Works Director Pease said November water usage was down 15% from 2014 numbers and down 24% from last year’s number.

City Council:

Council Member de Graaf congratulated Mayor Barton.
de Graaf said he wanted to thank everyone for attending the meeting.

Council Member Restuccia said the light parade is on Thursday and encouraged residents to come watch the parade.

Restuccia thanked de Graaf for his work as Mayor.

Barton said he wanted to thank everyone for attending the meeting.

Barton said he is looking forward to the light parade on Thursday and said it is one of his favorite events of the year.

There being no further business, the meeting was adjourned at 7:06 PM. (Signed) Gary Barton
Mayor
ATTEST:
(Signed) Lisa Roos
City Clerk
Ripon City Council Minutes
MONDAY, NOVEMBER 10, 2025 – 6:00 PM

REGULAR MEETING
CLOSED SESSION AT 5:30 PM
CLOSED SESSION: The closed session meeting was called to order at 5:30 PM.

PUBLIC DISCUSSION ON CLOSED SESSION MATTERS: No one from the public wished to speak at this time.

ROLL CALL: Council Members Leo Zuber, Michael Restuccia, Dean Uecker, Vice Mayor Gary Barton, Mayor Daniel de Graaf.

OTHERS PRESENT: City Administrator Kevin Werner, City Attorney Tom Terpstra Jr., City Clerk Lisa Roos.

IN THE MATTER OF:

2. Potential or Pending Litigation pursuant to Section 54956.9(e)(1) of the California Government Code – 1 case.

Return to open session.

City Attorney Terpstra said Council met in closed session, staff was given direction and no reportable action was taken.

PLEDGE OF ALLEGIANCE:

The meeting was called to order at 6:00 PM with Mayor de Graaf leading in the Pledge of Allegiance to the Flag.

INVOCATION:

Pastor Rex Rodgers gave the invocation.
1 Packet Pg. 15
Minutes Acceptance: Minutes of Nov 10, 2025 6:00 PM (Approval of Minutes) City Council Page 2 November 10, 2025
ROLL CALL:

City Administrator Kevin Werner, City Attorney Tom Terpstra Jr., Planning Director Ken Zuidervaart, Recreation Director Kye Stevens, Director of Public Works James Pease, Police Chief Daniel Sauer, City Clerk Lisa Roos, Deputy City Clerk Jane Kilgore, Information Systems Technician Elizabeth Farnam, Michael Winters, Bob Gutierrez, Peter Rietkerk, Rex Rodgers, Kelly Donohue.

PUBLIC DISCUSSION:

Emil Guillermo, Ripon Poet Laureate, said he had written two short poems dedicated to the Veterans of Ripon and proceeded to read them.

APPROVAL OF MINUTES:

Motion to approve the minutes of the Regular Ripon City Council meeting of October 14, 2025 and the Special City Council Meeting of October 30, 2025.

RESULT: ADOPTED [UNANIMOUS]
MOVER: Michael Restuccia, Council Member
SECONDER: Gary Barton, Vice Mayor
AYES: de Graaf, Barton, Uecker, Restuccia, Zuber

1. CITY COUNCIL - REGULAR MEETING - OCT 14, 2025 6:00 PM

2. CITY COUNCIL - SPECIAL MEETING - OCT 30, 2025 2:00 PM APPROVAL OF AGENDA AS POSTED (OR AMENDED):

Motion to approve the agenda as posted.

RESULT: ADOPTED [UNANIMOUS]
MOVER: Leo Zuber, Council Member
SECONDER: Michael Restuccia, Council Member
AYES: de Graaf, Barton, Uecker, Restuccia, Zuber
1 Packet Pg. 16
Minutes Acceptance: Minutes of Nov 10, 2025 6:00 PM (Approval of Minutes) City Council Page 3 November 10, 2025

1. CONSENT CALENDAR
Motion to approve the Consent Calendar as posted.

RESULT: ADOPTED [UNANIMOUS]
MOVER: Michael Restuccia, Council Member
SECONDER: Gary Barton, Vice Mayor
AYES: de Graaf, Barton, Uecker, Restuccia, Zuber

1.1. Income
A. STATE OF CALIFORNIA
Sales Tax
(October 2024 $297,562.84)
FY 2025-26 YTD: $1,412,505
FY 2024-25 YTD: $1,552,900
Highway Users Tax
(September 2024 $43,668.04)
FY 2025-26 YTD: $123,874
FY 2024-25 YTD: $130,486
SB1 Street & Road Tax
(October 2024 $36,556.14)
FY 2025-26 YTD: $150,476
FY 2024-25 YTD: $144,519
$321,363.41
$43,828.59
$38,234.05
TOTAL $403,426.05
B. CCATT HOLDINGS
Monthly Acacia Avenue Cell Tower Lease Payment
October 2025 $1,336.34
C. WASTE MANAGEMENT
Monthly Franchise Fee Payment - September 2025 $4,360.83 D. GILTON SOLID WASTE MANAGEMENT, INC.

Quarterly Franchise Fee Payment – September 2025 $14,983.25

1.2. Bills, Invoices, Payments
A. CITY OF STOCKTON
Ripon Share of Library Operating Costs 2025-2026
Invoice #118536 $22,200.00
B. DE NOVO PLANNING GROUP
City of Ripon 6th Cycle Housing Element
Progress Payment – Invoice #4780 $12,670.00
C. SOUTH SAN JOAQUIN GROUNDWATER SUSTAINABILITY AGENCY
SSJGSA Expenses
3rd Quarter 2025 - Invoice #Ripon 2025Q3 $6,893.63
1 Packet Pg. 17
Minutes Acceptance: Minutes of Nov 10, 2025 6:00 PM (Approval of Minutes) City Council Page 4 November 10, 2025
D. LAW OFFICE OF THOMAS H. TERPSTRA, JR.

General Matters
Police Department
Private Development
$6,248.25
$5,310.50
$260.00
TOTAL $11,818.75
E. PRICE PAIGE & COMPANY
Audit Services
Progress Payment – Invoice #36919 $3,310.00
F. LIEBERT CASSIDY WHITMORE
Professional Employment Law Services
Invoice #306457 $400.00
G. SAN JOAQUIN REGIONAL TRANSIT DISTRICT
Blossom Express Driver
October 2025 Invoice #AR038154 $2,515.17
H. WGR SOUTHWEST, INC.

City Storm Water Permit Assistance
Progress Payment – Invoice #32633 $131.00
I. SIEGFRIED ENGINEERING, INC.

Civil Design for the N. Ripon Rd./River Rd. Intersection Project Progress Payment – Invoice #50737 $3,455.00
J. BASECAMP ENVIRONMENTAL, INC.

South County Water Connection Project Environmental
Progress Payment – Invoice #52904 $731.25
K. LSC TRANSPORTATION CONSULTANTS, INC.

Short Range Transit Plan
Progress Payment – Invoice #82294 $647.50
L. FEHR AND PEERS
N. Ripon Rd. / River Rd. Intersection Project
Traffic Engineering Services
Progress Payment – Invoice #189690 $1,734.15
M. WOODARD & CURRAN
Waste Water Treatment Plant Planning Report Update
Progress Payment – Invoice #254880 $12,486.25
N. GROVER LANDSCAPE SERVICES, INC.

Landscape Repair Project
Progress Payment – Invoice #7 $83,071.86
1 Packet Pg. 18
Minutes Acceptance: Minutes of Nov 10, 2025 6:00 PM (Approval of Minutes) City Council Page 5 November 10, 2025

1.3. Miscellaneous Items
A. PROFESSIONAL SERVICES AGREEMENT
Stantec Consulting Services, Inc. Approve and authorize the Mayor to sign the Professional Services
Agreement with Stantec Consulting
Services to evaluate the water quality of
Well 19 in the not to exceed amount of
$52,069 (funding source: Water
Enterprise Capital Fund).

B. QUARTERLY INVESTMENT REPORT REVIEW
July 1, 2025 - September 30, 2025 Accept the City’s quarterly investment report for the period ending September
30, 2025.

C. CLAIM
Kathleen Sharafian Deny the claim filed by Kathleen
Sharafian on August 18, 2025 related to
a trip and fall on public right-of-way.

D. CLAIM
West Valley Properties, LLC Deny the claim filed by West Valley Properties, LLC on October 10, 2025
related to the development of the West
Valley Concrete project located at 875
Doak Boulevard.

E. POLICE OFFICER BADGE DONATION
Michael White Accept the donation of $1,982 from
Michael White to fund half the purchase
of the redesigned police badges.
**END OF CONSENT CALENDAR**
1 Packet Pg. 19
Minutes Acceptance: Minutes of Nov 10, 2025 6:00 PM (Approval of Minutes) City Council Page 6 November 10, 2025

2. RESOLUTIONS
A. RESOLUTION NO. 25-36

A RESOLUTION OF THE CITY

COUNCIL OF THE CITY OF RIPON

DIRECTING STAFF TO INITIATE THE
PROPOSITION 218 PROPERTY OWNER

NOTICE, HEARING AND PROTEST

PROCESS FOR THE PROPOSED

WATER, SEWER AND GARBAGE

RATE INCREASES EFFECTIVE
FEBRUARY 1, 2026 THROUGH
JANUARY 31, 2031, AND ADOPTING

SAID FEE INCREASES IN THE EVENT

OF A LACK OF A MAJORITY

PROTEST
This resolution approves the process in
accordance with Proposition 218 to
increase water, sewer and garbage rates as
recommended in with the Water, Sewer
and Garbage Funds Rates Study report
dated November 3, 2025, as described
below:

Set a public hearing for January 13,
2026 to consider protests opposing
the proposed water, sewer, and
garbage rate increases; and
Provide written notice to property
owners by mail a minimum of 45
days prior to the public hearing of
the proposed water, sewer, and
garbage rates.

In the event that a majority protest
does not exist, the proposed water,
sewer and garbage rates would be
approved for a five-year period
beginning February 1, 2026.

City Administrator Werner said that a workshop was held on October 30 with the City Council to review the draft recommendations from the consultant who prepared the Water, Sewer, and Garbage Rate Study dated November 3, 2025. The report outlines proposed rate adjustments for the three enterprise funds over the next five years, from 2026 through 2030.

He said the direction provided by Council at that workshop has been incorporated into the item being presented tonight.

Werner explained that under Proposition 218, a formal process is required to increase utility rates. Council will be asked to approve the Engineer’s Report and the Resolution of Intent to begin the Proposition 218 process. He said notices will be mailed to property owners and customers of record at least 45 days prior to the public hearing, which is scheduled for January 13, 2026. If there is no majority protest at that hearing, the proposed rates would take effect on February 1, 2026.

Werner said the City’s enterprise funds, water, sewer, and garbage, operate as independent business-type accounts, with rates covering the cost of services. Each fund includes both an operating account and a capital reserve account. He said the operating account covers daily expenses such as salaries, benefits, and utilities, while the capital reserve funds the replacement of equipment and infrastructure. He said the City conducts a rate study every five years to ensure financial stability and consistent service. Werner noted that the Council reviews financial reports annually to determine if the full scheduled rate adjustments are necessary.
1 Packet Pg. 20
Minutes Acceptance: Minutes of Nov 10, 2025 6:00 PM (Approval of Minutes) City Council Page 7 November 10, 2025
Werner said that for the water fund, a 4% annual rate increase is proposed over the next five years to maintain service levels and address inflationary costs. He said planned improvements include two wellhead treatment systems and the addition of a maintenance position to support operations. He said approximately $1 million per year will continue to be transferred to the capital fund for replacement of wells, meters, vehicles, and tank maintenance.

Werner said that for the sewer fund, a 3% annual increase is proposed to sustain operations and maintain reserves. He said the fund also continues a capital transfer policy established to prepare for future wastewater treatment plant upgrades. He said the current plant operates under a 1994 discharge permit, and funds are being accumulated to meet future, more stringent regulatory requirements.

Werner said that for the garbage fund, the most significant rate adjustment is proposed due to costs associated with Senate Bill 1383, which requires jurisdictions to reduce organic waste in landfills. He said Ripon’s approach utilizes a high-diversion facility rather than a three-cart system, which remains the most cost-effective option. He said to restore reserves and support vehicle replacement, a 20% increase is proposed in year one, followed by 4% increases in the remaining four years.

Werner said that when combined, the proposed adjustments represent an overall 9.5% increase in the first year, followed by 4% per year thereafter. He said for the average residential customer, the monthly utility bill would increase from approximately $123 to $135 in the first year, reaching $157 by 2030 if all rate adjustments are implemented.

Werner said the City Council requires staff to return each year with updated financial reports for the enterprise funds to determine whether the full scheduled rate increases are necessary.

He noted that during the 2016–2020 rate period, not all approved increases were implemented; for example, the water fund received smaller adjustments of 2% in both 2019 and 2020 instead of the higher amounts originally projected. Similarly, sewer rate increases during that period were reduced based on financial conditions. He said that in the following five-year period, which occurred after COVID-19, the proposed rate adjustments were smaller overall and all were implemented as approved.

Werner said that a comparison of regional utility rates shows Ripon’s proposed combined rate remains about 11% below the regional average, with water rates near the average, sewer rates 50% lower, and garbage rates approximately 20% higher than neighboring cities.

Mayor de Graaf said he appreciated Werner pointing out that increases are not mandatory and Council has not always implemented them.

Council Member Restuccia said he appreciated the thorough work completed by staff and noted that while no one likes to see costs increase, the City must keep up with State regulations and ensure that the water, sewer, and garbage funds remain self-sustaining. He commended staff for identifying ways to meet requirements at the lowest possible cost.

Vice Mayor Barton said that, since the General Manager of South San Joaquin Irrigation District (SSJID) was present, he would like Werner to mention the capital accumulation for 1 Packet Pg. 21
Minutes Acceptance: Minutes of Nov 10, 2025 6:00 PM (Approval of Minutes) City Council Page 8 November 10, 2025
the future connection with SSJID. Werner said it was worth noting that the City is collecting funds for the future connection project with SSJID. He said these funds come from both new development and a portion of the capital transfers from the enterprise funds.

Werner stated that the action before the Council was to adopt the resolution, which begins the Proposition 218 process and approves the proposed rates, subject to the outcome of the public hearing.

Motion to adopt Resolution 25-36 directing staff to initiate the Proposition 218 property owner notice, hearing and protest process for the proposed water, sewer and garbage rate increases effective February 1, 2026 through January 31, 2031, and adopting said fee increases in the event of a lack of a majority protest.

RESULT: ADOPTED [UNANIMOUS]
MOVER: Leo Zuber, Council Member
SECONDER: Michael Restuccia, Council Member
AYES: de Graaf, Barton, Uecker, Restuccia, Zuber
B. RESOLUTION NO. 25-37

A RESOLUTION OF THE CITY

COUNCIL OF THE CITY OF RIPON

DESIGNATING THE CITY

ADMINISTRATOR AS THE OFFICER

FOR ADMINISTRATIVE APPEALS

FILED PURSUANT TO RIPON
MUNICIPAL CODE SECTION 6.52
Adopt the resolution designating the City
Administrator, or his or her designee, as the
hearing officer to hear appeals of orders of
the Animal Control Officer pursuant to
Ripon Municipal Code Section

6.52.060(A).

City Attorney Terpstra said the City has an ordinance that regulates dangerous animals and authorizes the Animal Control Officer to issue orders requiring various levels of control over animals deemed dangerous, in order to protect public safety. He explained that owners have the right to appeal these determinations to the City Council or its designee.

Terpstra said the purpose of this resolution is to clarify and streamline this process by formally delegating the authority to hear such appeals to the City Administrator or their designee, consistent with past practice of using impartial hearing officers and to improve efficiency in Council operations.

Motion to adopt Resolution 25-37 designating the City Administrator, or his or her designee, as the hearing officer to hear appeals of orders of the Animal Control Officer pursuant to Ripon Municipal Code Section 6.52.060(A).

RESULT: ADOPTED [UNANIMOUS]
MOVER: Michael Restuccia, Council Member
SECONDER: Leo Zuber, Council Member
AYES: de Graaf, Barton, Uecker, Restuccia, Zuber
1 Packet Pg. 22
Minutes Acceptance: Minutes of Nov 10, 2025 6:00 PM (Approval of Minutes) City Council Page 9 November 10, 2025

3. PUBLIC HEARINGS
Council will take action on the following items at the conclusion of each Public Hearing.

A. DEVELOPMENT AGREEMENT - ANNUAL REVIEW (2025)
Silverstone Subdivision
The Vineyards Subdivision
Meadowood Subdivision
Pereira Subdivision
Ripon Gardens II
Calvary Reformed Church Master Plan
Should the City Council agree with the
Planning Commission’s recommendation,
the following motion would be
appropriate:
“The City Council accepts this staff report
as the written report from the Planning
Commission that there has been
compliance in good faith, with the terms
and conditions of each respective
Development Agreement.”
Planning Director Zuidervaart said the Planning Commission reviewed the Development Agreements and found them to be in compliance with the terms.

PUBLIC HEARING OPENED
No one from the public wished to speak at this time.

PUBLIC HEARING CLOSED
Motion to accept the staff report as the written report from the Planning Commission that there has been compliance in good faith, with the terms and conditions of each perspective Development Agreement.

RESULT: ADOPTED [UNANIMOUS]
MOVER: Leo Zuber, Council Member
SECONDER: Michael Restuccia, Council Member
AYES: de Graaf, Barton, Uecker, Restuccia, Zuber
B. ZONING TEXT AMENDMENT TAZ25-126 - ELECTRIC VEHICLE CHARGING

STATIONS
This is a public hearing to consider
amendments to Ripon Municipal Code
Title 16 (Development Title) by adding a
new Chapter to address development of
Electric Vehicle Charging Stations
pursuant to California Government Code
Sections 65850.7 and 65850.71.

Planning Director Zuidervaart said the proposed ordinance creates a chapter in the development title “Chapter 16.218 Electric Vehicle Charging Station”. He said this ordinance is required by recent state laws that mandate the City streamline the 1 Packet Pg. 23
Minutes Acceptance: Minutes of Nov 10, 2025 6:00 PM (Approval of Minutes) City Council Page 10 November 10, 2025
permitting process for Electric Vehicle charging stations through a ministerial review process. He said this means qualifying projects must be approved without a public hearing provided they meet all the requirements.

Zuidervaart said the City currently processes these projects through either a minor site plan or a major site plan that goes to the planning commission He said this process no longer meets the State requirements. He said the new ordinance brings Ripon into compliance while maintaining local oversight for safety access and design standards.

Zuidervaart said the Planning Commission reviewed the draft ordinance at their October 20, 2025 meeting, held a public hearing and unanimously recommended the City Council adopt the ordinance drafted, which is the next item on the Agenda.

PUBLIC HEARING OPENED
No one from the public wished to speak at this time.

PUBLIC HEARING CLOSED

4. ORDINANCES
First Reading and Introduction
A. ORDINANCE NO. 932

AN ORDINANCE OF THE CITY

COUNCIL OF THE CITY OF RIPON
ESTABLISHING CHAPTER 16.218 OF

THE RIPON MUNICIPAL CODE TO BE

Motion to waive the first reading and introduce Ordinance 932 creating Chapter 16.218 Electric Vehicle Charging Stations of the Ripon Municipal Code establishing expedited, streamlined and ministerial permitting processes for Electric Vehicle Charging Stations within the City of Ripon to comply with California Government Code Sections 65850.7 and 65850.71.

RESULT: FIRST READING [UNANIMOUS] Next: 12/9/2025 6:00 PM MOVER: Gary Barton, Vice Mayor
SECONDER: Michael Restuccia, Council Member
AYES: de Graaf, Barton, Uecker, Restuccia, Zuber
1 Packet Pg. 24
Minutes Acceptance: Minutes of Nov 10, 2025 6:00 PM (Approval of Minutes) City Council Page 11 November 10, 2025

5. DISCUSSION ITEMS
A. MEMORANDUM OF UNDERSTANDING
Discussion/Action Approve and authorize the City
Administrator to sign the Memorandum of
Understanding between the South San
Joaquin Irrigation District (SSJID) and the
City of Ripon (City) regarding payments in
lieu of franchise fees to the City in order to
mitigate the financial impacts resulting
from SSJID’s Retail Electric Project.

City Administrator Werner said South San Joaquin Irrigation District (SSJID) has been pursuing retail electric since 2004. He said the City of Ripon passed a resolution in 2009 supporting those efforts. He said SSJID went to LAFCo, who then required SSJID to allocate 2.5% of gross retail revenue as in-lieu franchise fees subject to terms of agreements with the various cities and the County to replace that revenue.

Werner said staff is recommending the Council approve a memorandum of understanding that confirms SSJID’s obligation to pay these in-lieu franchise fees. He said once SSJID secures possession and ownership of the electric distribution system, the City will work with SSJID to enter into a more formal agreement.

Peter Rietkerk, SSJID, said SSJID’s goal from the beginning of the retail electric project has been to provide locally owned, operated, reliable, affordable, and safe electric service. He noted that SSJID remains committed to offering rates at least 15% lower than PG&E, which would return millions of dollars in savings to local residents, businesses, and public agencies.

Rietkerk explained that SSJID’s effort to acquire PG&E’s electric distribution system has spanned two decades and has involved extensive legal proceedings. He said in 2016, SSJID held a Resolution of Necessity hearing in Ripon as a precursor to filing an eminent domain case. Since then, the case has been dismissed, reinstated, scheduled for trial, and in 2024 deferred to the California Public Utilities Commission (CPUC) for review, actions that have collectively delayed implementation of the project.

Rietkerk said that on October 30, 2025 the CPUC issued a proposed decision to dismiss PG&E’s request for review of SSJID’s project. This means the CPUC will not consider the matter until the eminent domain case is resolved in San Joaquin County Superior Court. He stated that this clarification could expedite the process, as the court must first determine whether SSJID can legally acquire PG&E’s assets before the CPUC evaluates the public interest implications. He added that, barring an appeal by PG&E, SSJID hopes to return to trial in 2026.

Rietkerk explained that SSJID’s plan includes a 2.5% payment of gross revenues to offset any loss of franchise fees or property taxes to the County and cities within its service area, a condition established by LAFCo as part of its project approval. He said the resolution before the Council reinforces that commitment and supports ongoing 1 Packet Pg. 25
Minutes Acceptance: Minutes of Nov 10, 2025 6:00 PM (Approval of Minutes) City Council Page 12 November 10, 2025
collaboration between SSJID and the City of Ripon regarding future electric service. He thanked the Council for its continued support as SSJID prepares for trial and continues updating its technical studies.

Council Member Restuccia asked if SSJID would honor existing residential solar agreements. Rietkirk said SSJID would honor all current net metering agreements for the duration of their terms.

Motion to approve and authorize the City Administrator to sign the Memorandum of Understanding between the South San Joaquin Irrigation District (SSJID) and the City of Ripon (City) regarding payments in lieu of franchise fees to the City in order to mitigate the financial impacts resulting from SSJID’s Retail Electric Project.

RESULT: ADOPTED [UNANIMOUS]
MOVER: Michael Restuccia, Council Member
SECONDER: Gary Barton, Vice Mayor
AYES: de Graaf, Barton, Uecker, Restuccia, Zuber
B. SAN JOAQUIN PARTNERSHIP
Discussion/Action Bob Gutierrez will provide an update on the San Joaquin Partnership. City Council
to provide direction regarding the annual
San Joaquin Partnership invoice.

Bob Gutierrez, San Joaquin Partnership, provided an update on the San Joaquin Partnership’s ongoing mission to enhance the quality of life in San Joaquin County by recruiting and retaining high-wage jobs and supporting local economic growth.

Established 34 years ago, the Partnership continues to collaborate with cities, counties, businesses, and regional organizations to promote investment opportunities and workforce training programs that benefit both residents and employers.

Gutierrez highlighted several key initiatives, including the GO SJ program, which centralizes information about career and technical education programs, helping connect students and workers with training and job placement opportunities. He provided updates on other programs such as North Valley Thrive, iHub San Joaquin, and partnerships with Team California and California Forward, which support innovation, industry engagement, and regional economic development through grant funding, workforce training, and promotion of emerging sectors such as clean energy and advanced manufacturing.

Gutierrez also emphasized the Partnership’s marketing efforts to attract business and investment to the region. He said recent outreach included participation in statewide and national economic development events, as well as digital campaigns under the “Why San Joaquin” banner, which highlight the region’s livability, workforce, and opportunities. He said Ripon continues to be featured in these efforts as part of the broader strategy to promote the entire County as a desirable place to live and work. 1 Packet Pg. 26
Minutes Acceptance: Minutes of Nov 10, 2025 6:00 PM (Approval of Minutes) City Council Page 13 November 10, 2025
Vice Mayor Barton asked about the current state of economic activity in San Joaquin County and the potential for additional industrial growth. Gutierrez said that while activity has slowed somewhat in recent months, largely due to tariffs and rising costs, there remains steady interest in food processing and manufacturing. He said that the Partnership is diversifying its portfolio of services to adapt to these economic shifts and continue supporting local industries.

Mayor de Graaf reflected on the value of the Partnership’s workforce training initiatives, noting that programs highlighted by staff play an important role in preparing community members for skilled employment opportunities. He said that while some programs may not directly relate to every local business, they contribute meaningfully to the broader community by strengthening the regional workforce.
de Graaf said that there is often more happening in local economic development than residents realize and encouraged continued outreach to help raise awareness. He expressed appreciation for the Partnerships’s growing engagement efforts and for the updates shared during the meeting.

Motion to approve the annual San Joaquin Partnership invoice in the amount of $5,000.

RESULT: ADOPTED [UNANIMOUS]
MOVER: Gary Barton, Vice Mayor
SECONDER: Leo Zuber, Council Member
AYES: de Graaf, Barton, Uecker, Restuccia, Zuber
C. FINANCIAL AUDITS - FISCAL YEAR 2024-2025
Discussion/No Action Price Paige & Company has completed the audit of the City of Ripon’s Financial
Statements and the Money Purchase Thrift
Pension Plan for the fiscal year ending
June 30, 2025. Resolutions will be
presented in December for City Council
acceptance.

City Clerk Roos said the audits for the City of Ripon and the Money Purchase Thrift Pension Plan for the fiscal year ended June 30, 2025 have been completed by Price Paige & Company.

Roos said these audits are completed to fulfill requirements place on the City by State agencies and our bonding agencies. She said the City uses an independent third party audit firm to ensure we are in compliance with the laws and regulations. The City of Ripon audit is a combination of all of the finances of the City.

Roos said she provided a staff report in the City Council packet that gives a high-level financial summary of the fiscal year ending June 30, 2025.

Roos said there is no action required tonight and resolutions to accept these audits will be on the Consent Calendar of our December meeting.
1 Packet Pg. 27
Minutes Acceptance: Minutes of Nov 10, 2025 6:00 PM (Approval of Minutes) City Council Page 14 November 10, 2025

REPORTS
Department Heads:

Police Chief Sauer said that the Police Department plans to assign one patrol officer to serve as a full-time motor officer in the near future. He explained that this decision was made in response to increasing vehicular traffic and hazardous moving violations, noting that it would be a wise allocation of resources. He said the motor officer would also focus on e-bike, motor scooter, and golf cart violations, along with traffic collision investigations.

Sauer said traffic enforcement continues to be one of the most common requests from the community. He added that the motor officer would be responsible for pursuing traffic safety grants to fund needed equipment, such as a police motorcycle, radar trailers, DUI checkpoint resources, and other traffic-related tools.

Planning Director Zuidervaart said there is a Planning Commission meeting scheduled for Monday, November 17, 2025 that will include a potential rezone.

Public Works Director Pease said the October water usage was down 20% from last year’s numbers.

Pease said the City has moved to a one-day a week watering schedule.

Pease said the Annual Brush Pick-Up Program started October 15 and will run through January

7. City Council:

Council Member Restuccia said tomorrow is Veterans Day and encouraged people to thank a Veteran. He said there will be an event at the Veterans Hall at 10:30 am.

Council Member Zuber said he was glad to hear from Sauer regarding traffic enforcement because he wanted to raise concerns about golf carts. He said he has noticed more of them around town and questioned whether the people driving them were of legal age. He said he also owned a place in another town, where the community was facing the same issue and had recently shared a reminder about golf cart laws. He said the reminder cited the California Vehicle Code, which allows golf carts on public roads only under very limited conditions, within one mile of a golf course and only on roads with speed limits of 25 mph or less, designated by local ordinance.

Zuber said if Ripon wanted to get the situation under control, the City might need to consider a new ordinance, since many of the areas where carts are being driven likely do not meet those criteria. He said he believed the City’s current rules already aligned with State law and asked if that was the case.

City Attorney Terpstra said he was aware of the relevant State laws and had presented on the topic for other cities. He said it is correct that State vehicle code provisions override local ones, but added that the City does have some flexibility to regulate within that framework. He said this was an issue that could be brought before the City Council at its discretion for a future discussion.
1 Packet Pg. 28
Minutes Acceptance: Minutes of Nov 10, 2025 6:00 PM (Approval of Minutes) City Council Page 15 November 10, 2025
Vice Mayor Barton said he wanted to thank Michael White and Council Member Restuccia for their donations for the new police badges.

Mayor de Graaf said he wanted to thank everyone who attended the meeting. de Graaf echoed Restuccia’s sentiments regarding thanking a Veteran and said he appreciates the service of Veterans.

There being no further business, the meeting was adjourned at 7:06 PM. (Signed) Daniel de Graaf
Mayor
ATTEST:
(Signed) Lisa Roos
City Clerk
1 Packet Pg. 29
Minutes Acceptance: Minutes of Nov 10, 2025 6:00 PM (Approval of Minutes)

1.1.A.a
Packet Pg. 30
Attachment: 2025 - 3rd Qtr (4899 : State of California) State Controller's Office
Remittance AdviceHighway Users Tax CitiesClaim Schedule: 2500117 and 2500117AIssue Date: November 3, 2025Fiscal Year: 2025-2026Collection Period: September 24, 2025 - October 23, 2025Description: Streets and Highways Code sections 2103, 2105, 2106, 2107 and 2107.5.For assistance, please contact Lucas Rasmussen at 916-323-1374 or at [email protected].

City Population Section 2103 Section 2105 Section 2106 Section 2107 Section 2107 Snow
(Included in Section
2107 Amount) Section 2107.5 Gross Claim
Withheld/Return of
Funds due to
Delinquent Annual
Street Report Payment Amount Year To Date
Ripon City Treasurer 15,988 $11,934.11 $7,760.77 $5,168.18 $10,620.31 $0.00 $0.00 $35,483.37 $0.00 $35,483.37 $159,357.26

1.1.A.b
Packet Pg. 31
Attachment: fy2526_10hwycityra (4899 : State of California) State Controller's Office
Remittance Advice
Road Maintenance and Rehabilitation Account (RMRA) - Cities Claim Schedule: 2500142 and 2500142A
Issue Date: November 21, 2025
Fiscal Year: 2025-2026
Collection Period: October 01, 2025 - October 31, 2025
Description: Streets & Highways Code section 2032(h)(2), Road Maintenance and Rehabilitation Account allocation to cities.

For assistance, please contact John Bodolay at 916-323-2154 or at [email protected].

City Population Payment Amount
Returned Withheld
Amount Total Year To Date
Ripon City Treasurer 15,988 $42,609.95 $0.00 $42,609.95 $116,201.50 1 of 1

1.1.A.c
Packet Pg. 32
Attachment: rmra_cities_remit_2526_nov25 (4899 : State of California)

1.1.B.a
Packet Pg. 33
Attachment: CCATT (4904 : CCATT Holdings)

1.1.C.a
Packet Pg. 34
Attachment: WASTE MANAGEMENT (4905 : Waste Management)
202510 Total
CR Cash Receipts 1 Commercial $ 21,006.72 $ 21,006.72
CR Cash Receipts 2 Roll Off $ 28,144.02 $ 28,144.02
CR Cash Receipts 3 Residential $ - $ -
CR Cash Receipts 4 $ -
CR Cash Receipts 5 $ -
CR Cash Receipts TTL Total Cash Receipts $ 49,150.74 $ 49,150.74 FFA Franchise Fee Payable 1 Franchise Fees Due $ 3,932.06 $ 3,932.06 FFA Franchise Fee Payable 2 $ -
FFA Franchise Fee Payable 3 $ -
FFA Franchise Fee Payable 4 $ -
FFA Franchise Fee Payable 5
FFA Franchise Fee Payable TTL Total Franchise Fee Payable $ 3,932.06 $ 3,932.06 FFR Franchise Fee Rate 1 Franchise Fee Rate 8%
Amount: $ 3,932.06
Administrative Coding
WM VndrNo: 386801
Ripon, CA 95366
Monthly Franchise Fee Payment
For the Month Ended October 2025
Section Description Line Description
259 N Wilma Ave
Stockton Scavengers
(a USA Waste of California, Inc. company)
1240 Navy Dr, Stockton, CA 95296
City of Ripon

1.1.C.a
Packet Pg. 35
Attachment: WASTE MANAGEMENT (4905 : Waste Management)

1.1.D.a
Packet Pg. 36
Attachment: Charter (4906 : Charter Communications)

!
" #
$%&&'( !)*(!+,"- ./01&02(0 333,*(!+,"- 4 5567
89+:

9 ;<89=! 0%>?9- $@! 89=!%&''
A7

B
6C
5D E!@9"!,FG H-IFJ!"9=
E!@9"
F0K0K00% J
F0K0K00% L M"
KI@9"JI"9=
9! N
;8
/OKP1 $-!
, 7
D6Q6
7
DR
6
7 M@9
!I
"
9!E!I="
9!I@9"I <
P<39!+F
!"
"S !+

#"S# ! I93
9!I

9!#3

99
;
I
9!+#3

99!I#;
99
;
!I<-I !STI# "
9S II#3
-
ST 9!I

9!I#U!9IP+ +++
S I# "!"
$J$ -=9!I

9!# S9"
= @IS+ #S9"
= @ 9!I

9!#S9"
= @*9!
;
# !I" =99+
9!=9=9!I

9!,V
! $@!3
!>M?
99!I#I39! !- !P
WP I
J9@ !V
! $@!,W

"P
9!I="
9!I-- 9I<W=
-S# X"
S !>@-S,$I@9"I =<-
PK&K00%,
G,%O%,OG#'0%,
M II! = ;-!
I
Y", >

"I
-
HP !
;<;SI9!II, Z76C5 [\]^_`abb

1.2.A.a
Packet Pg. 37
Attachment: Invoice 1017_JDE Engineering, Inc (4882 : JDE Engineering, Inc.) City of Ripon Inspection Services
Meadowood Subdivision

DATE HOURS CONTRACTOR DESCRIPTION OF WORK INSPECTED
9/17/2025 2 Moreno Set forms for electrolier pads
9/18/2025 3 Teichert Patch concrete chipped areas and place skim coat outside loop of Mangelos Remove concrete on Shasta Drive
9/19/2025 3 Teichert Patch concrete chipped areas and place skim coat outside loop of Mangelos Replace concrete at inlet on Shasta Drive
9/22/2025 2 Teichert Patch concrete chipped areas and place skim coat inside loop of Mangelos Grade for ramps on Shasta Drive
9/23/2025 4 Teichert Pour concrete driveways on Shasta Court Set forms for ramps on Shasta Drive
Finish grade AB
9/24/2025 3 Teichert Pour ramps at Mangelos Circle (west) and Shasta Drive, and Shasta driveways Set forms for ramps on Mangelos Circle (east) at Shasta Drive Finish grade AB
9/25/2025 3 ESD Deliver sand and paver materials, and equipment Teichert Finish grade AB
Pour ramps and walk at Pitassi Court and Shasta Drive
Pour ramps and walk at Mangelos Circle and Shasta Drive, and Shasta dwys 9/26/2025 2 Teichert Pour driveways on Mangelos Circle (south) Pour ramps at Shasta Drive and Mangelos Circle (east) and Pitakis Drive curb Finish grade AB in courts
9/29/2025 3 ESD Install pavers on Mangelos Circle at Dexter Way to Shasta Drive Teichert Finish AB on Mangelos Circle and grade for masonry wall Clean concrete patches
9/30/2025 3 ESD Cut and install pavers on Mangelos Circle at Dexter Way to Shasta Drive Screed sand at Shasta Court
Teichert Patch concrerte at chipped areas
Remove and replace driveway at Ella Court
Grade for wall in Lot B
Backfill AB edges at gutter lip
TOTAL 28

1.2.A.a
Packet Pg. 38
Attachment: Invoice 1017_JDE Engineering, Inc (4882 : JDE Engineering, Inc.) City of Ripon Inspection Services
Meadowood Subdivision

DATE HOURS CONTRACTOR DESCRIPTION OF WORK INSPECTED
10/1/2025 3 ESD Screed sand on Shasta Court to Mangelos Court Install pavers on Shasta Court at Mangelos Court intersection 10/2/2025 2 ESD Install pavers on Shasta Court
10/3/2025 2 ESD Install pavers on Shasta Court
10/4/2025 3 TEICHERT Review sewer system TV inspection
10/6/2025 3 ESD Install pavers at Shasta Court (Complete) Question regarding paver layout in Shasta Court to city 10/7/2025 3 ESD Cut and install pavers on Shasta Court to Mangelos Circle ODYSSEY Install main line on Dexter Way and Goodwin Drive 10/8/2025 2 ESD Screed sand on Pitakis Lane on Shasta Drive from Mangelos Circle Compact pavers on Shasta Court to Mangelos Circle (west) Install pavers on Shasta Drive from Mangelos Circle to Pitakis Lane 10/9/2025 2 ESD Cut and install pavers on Shasta Drive from Mangelos Circle to Pitakis Lane ODYSSEY Install main line on Dexter Way and Goodwin Drive 10/10/2025 3 ESD Install pavers on Pitakis Lane
Review joint layout at intersection of Shasta Drive and Pitakis Lane with ESD ODYSSEY Install main line on Dexter Way and Goodwin Drive 10/11/2025 3 TEICHERT Review storm drain system TV inspection 10/13/2025 3 ESD Install pavers on Pitakis Lane
Place sand and compact Shasta Drive east to Pitakis Lane ODYSSEY Install main line piping and laterals at Lot B
10/17/2025 3 ESD Install pavers on Shasta Drive to Ella Court ODYSSEY Install lateral lines on Dexter Way and Goodwin Drive 10/20/2025 2 ESD Cut and install pavers on Pitakis Lane ODYSSEY Install lateral lines on Dexter Way and Goodwin Drive 10/21/2025 3 ESD Cut and install pavers on Pitakis Lane and Shasta Drive at Pitakis Lane Cut in "islands" on Shasta Court
Sand and compact Shasta Court and Pitakis Lane
ODYSSEY Install laterals on Dexter Way and backfill Dexter Way and Goodwin Drive 10/24/2025 3 ESD Install pavers on Mangelos Circle (east) to and on Bynum Court ODYSSEY Lateral lines on Dexter Court
10/28/2025 3 ESD Install pavers and cuts on Bynum Court 10/31/2025 3 ESD Screed sand on Absher Court and Mangelos Circle to Schut Court Install pavers on Mangelos Circle (east) past Absher Court ODYSSEY Install main line on Mangelos Circle (east)
TOTAL 46

1.2.A.a
Packet Pg. 39
Attachment: Invoice 1017_JDE Engineering, Inc (4882 : JDE Engineering, Inc.) City of Ripon Inspection Services
Meadowood Subdivision

DATE HOURS CONTRACTOR DESCRIPTION OF WORK INSPECTED
11/3/2025 3 ESD Install pavers on Mangelos Circle east from Absher Court to Schut Court ODYSSEY Install mainline Mangelos Circle east. Irrigation plan review 11/4/2025 3 ESD Screed sand on Mangelos Circle east to Schut Court Install pavers on Mangelos Circle to Schut Court
ODYSSEY Install mainline Mangelos Circle east
11/5/2025 2 ESD Install pavers on Absher Court and make cuts for soldier course 11/6/2025 4 TEICHERT Excavate for SSMH on Shasta Drive at SSJID line near Fulton Drive Pipes did not line up horizontally, 8" off line. Make adjustment in MH trough.

ODYSSEY Install mainline to southeast corner of Mangelos Circle Install laterals on Mangelos Circle east
11/7/2025 3.5 TEICHERT Pour sewer MH on Shasta Drive at SSJID line. Stack SSMH Adjust W and NPW services on Shasta Drive
11/10/2025 6 TEICHERT Meeting with contractor, developer and city PW staff for W and NPW tie-ins Backfill SSMH on Shasta at SSJID line
Pothole NPW, W and Electric lines
Bolt up fittings for tie-ins
Move W and NPW services on Shasta Drive closer to curb to meet city stds.

Sawcut for tie-ins
Single lane closure on Fulton Ave. for sawcut
ESD Screed sand on Schut Court
Install pavers on Mangelos Circle east past Schut Court ODYSSEY Install laterals at Lot B
I.D. problems with sleeves on Mangelos Cir west knuckle to Shasta Drive 11/11/2025 5 TEICHERT NPW water tie-in on Fulton Ave. at Shasta Drive Single lane closure on Fulton Ave. for NPW tie-in
Adjust NPW and W on Shasta Drive
ODYSSEY Install tree and lateral lines on Mangeos Circle east ESD Install pavers on Mangelos Circle east past Schut Court 11/12/2025 4.5 TEICHERT Domesic water tie-in on Fulton Ave. and Shasta Drive from tee to CL Install vertical and horizontal offsets on NPW west of EP on Fulton at SSJID Single lane closure on Fulton Ave. for water tie-in
ODYSSEY Install planter and tree laterals on Mangelos Circle east with control wires ESD Install pavers on Mangelos Circle past Schut Court
Cut and place soldier course on Mangelos Court past Schut Court

1.2.A.a
Packet Pg. 40
Attachment: Invoice 1017_JDE Engineering, Inc (4882 : JDE Engineering, Inc.) City of Ripon Inspection Services
Meadowood Subdivision

DATE HOURS CONTRACTOR DESCRIPTION OF WORK INSPECTED
11/14/2025 4 TEICHERT Domesic water tie-in on Fulton Ave. on Shasta Dr. from CL of road to SSJID Single lane closure on Fulton Ave. for water tie-in
Install NPW and W service boxes and adjust services Mangelos Circle ESD Install pavers on Mangelos Circle to southeast knuckle 11/18/2025 2 TEICHERT Blow off and flush domestic water line from field chlorination Install NPW and W service boxes and adjust services Mangelos Circle 11/19/2025 2 TEICHERT Install NPW and W service boxes and adjust services Mangelos Circle MORENO Re-set electrolier forms and review concrete specs, joints and tie-ins 11/20/2025 1.5 MORENO Pour electrolier slabs in the rain 11/24/2025 3 TEICHERT Complete new 12" NPW tie-in across SSJID line on Shasta Dr. at Fulton Ave.

Single lane closure on Fulton Ave. for NPW tie-in
TOTAL 43.5

1.2.A.a
Packet Pg. 41
Attachment: Invoice 1017_JDE Engineering, Inc (4882 : JDE Engineering, Inc.) Invoice
Date
11/11/2025
Invoice #
701882
Bill To
City of Ripon
259 N. Wilma Ave.

Ripon, CA 95366
Ship To
City of Ripon - Planning
259 N. Wilma Ave.

Ripon, CA 95366
P.O. Number Terms
Net 30
Rep
RK
Total
Subtotal
Sales Tax (0.0%)
P.O. Box 4779
Modesto, CA 95352
209-578-5580
www.calcad.com
Item Description Qty Cost Total
GIS Project Billing September - October 2025
Service Assessor Updates 2025
- September
- October
3 175.00 525.00
Service Quarterly Master Excel Spreadsheet Update
- October 2025
1 175.00 175.00
Service 20250521 OpenGov Permit System Integration
- Call to go over MAT requirements
- Confirm FTP upload location for MAT and start down the ArcGIS road for parcel layer
- Call with Katie & Ken about Data Needs
3 175.00 525.00
Service 20251105 Add Data Report of All Parcels in City 1 175.00 175.00 $1,400.00
$1,400.00
$0.00
K. Zuidervaart
11/27/2025

1.2.B.a
Packet Pg. 42
Attachment: Invoice_701882 (4902 : California CAD Solutions, Inc.)

1.2.C.a
Packet Pg. 43
Attachment: Price Paige_37193 (4907 : Price Paige & Company)

1.2.C.b
Packet Pg. 44
Attachment: Price Paige _37220 (4907 : Price Paige & Company) Invoice
Date 09/30/2025 Invoice # 215687
Terms Net 30 Due Date 10/30/2025
P.O. Number:

For any questions about your invoice, please contact
us at [email protected] or 1-800-314-0147
Thank you for your business
1 of 1
Payments via check can be
directed to:

Granicus LLC
Dept #880806
PO Box 29650
Phoenix, AZ 85038-9650
Payments via ACH can be
directed to:

Bank Name: JPMorgan Chase
Bank
Account Name: Granicus, LLC
Routing #: 102001017
Account #: 678717375
Bill To Sold To
Ripon, CA
259 N. Wilma Ave.

Ripon CA 95366
United States
Ripon, CA
259 N. Wilma Ave.

Ripon CA 95366
United States
Description Term Start
Date
Term End
Date Tax Rate TaxAmount Amount
IQM2 - Agenda & Minutes 10/01/2025 09/30/2026 0.00% $0.00 $10,352.33 IQM2 - Digital Boardroom 10/01/2025 09/30/2026 0.00% $0.00 $9,702.33 IQM2 Extended Support 0.00% $0.00 $5,000.00
Subtotal $25,054.66
Tax Total $0.00
Total $25,054.66
Amount Paid $0.00
Amount Due $25,054.66 USD
IQM2 will reach end-of-life in 2026, because
of this they ended support in September 2025.

The City purchased 1-year of extended
support until a replacement program is
identified.

1.2.D.a
Packet Pg. 45
Attachment: Granicus Invoice_215687 (4908 : Granicus Legislative Management)

A PROFESSIONAL LAW CORPORATION
6033 W. Century Boulevard
5 th Floor Attorney – Client Privilege
Los Angeles, CA 90045
310-981-2000
Fed. Tax I.D. #95-3658973
City of Ripon
Kevin Werner, City Administrator
[email protected]
cc: Lisa Roos
Invoice 309238
October 31, 2025
Client/Matter No.: RI234-00001
Re: General
Billing Summary
Total Fees $2,665.50
Total Costs $0.00
Total Charges $2,665.50
Total Balance Due: $2,665.50
L. Roos
11/25/2025

1.2.E.a
Packet Pg. 46
Attachment: BL_RI234_309238 (4909 : Liebert Cassidy Whitmore Bill) Law Office of Thomas H. Terpstra, Jr.

P.O. Box 443
Ripon, CA 95366
United States
Phone: 209-985-9273
Invoice
Invoice Number 00104
Matter General
Date of Issue 11/26/2025
Payment Terms Due Date
Due Date 12/26/2025
Billed To
City of Ripon
259 North Wilma Avenue
Ripon, California 95366
United States
$10,738.00 due 12/26/2025
Time Entries
Date Attorney Description Hourly Rate Qty Line Total
10/27/2025 Tom Terpstra Weekly meeting with K.

Werner re general city
matters.
$295.00 0.7 $206.50
10/27/2025 Tom Terpstra Continue researching RTD
matter.
$295.00 0.6 $177.00
10/27/2025 Tom Terpstra Research re merits of WVC
claim and remedies.
$295.00 1.5 $442.50
10/30/2025 Tom Terpstra Further research re RTD
issue, meeting with K. Werner
and councilmember re same.
$295.00 1.4 $413.00
10/30/2025 Tom Terpstra Prepare for and attend
special meeting.
$295.00 1.2 $354.00
10/30/2025 Tom Terpstra Review and revise claim
rejection staff report.

Strategize re same.

Correspondence with K.

Werner re same.
$295.00 0.8 $236.00
11/03/2025 Tom Terpstra Meeting with K. Werner re
general City matters.
$295.00 0.4 $118.00
11/04/2025 Tom Terpstra Strategize re administrative
appeal process; conference
with THT and J. Kilgore re
Council delegation of
authority; draft resolution
delegating authority to
conduct administrative
hearing.
$295.00 2.9 $855.50
11/04/2025 Tom Terpstra Review staff and engineer's
report re 218 rate increase;
research re procedural
requirements.
$295.00 1.7 $501.50
11/05/2025 Tom Terpstra Review and revise notice,
staff report, and resolution
$295.00 4.5 $1,327.50

1.2.F.a
Packet Pg. 47
Attachment: November 2025 Ripon Invoices (4910 : Law Office of Thomas H. Terpstra, Jr.) for Prop 218 proceeding.

Emails with K. Werner and L.

Roos re same. Research re
compliance with law.
11/05/2025 Tom Terpstra Advise staff and Council
member re RTD issue.
$295.00 0.8 $236.00
11/05/2025 Tom Terpstra Finalize resolution delegating
hearing officer authority to
City Manager for dangerous
animal appeals.
$295.00 0.4 $118.00
11/06/2025 Tom Terpstra Review amendments to Prop
218 resolution and email K.

Werner re same.
$295.00 0.2 $59.00
11/06/2025 Tom Terpstra Draft staff report for
dangerous animal hearing
resolution.
$295.00 0.4 $118.00
11/06/2025 Tom Terpstra Review MOU with SSJID, call
and emails with K. Werner re
same.
$295.00 0.6 $177.00
11/10/2025 Tom Terpstra Conference with K. Werner re
city matters.
$295.00 0.4 $118.00
11/10/2025 Tom Terpstra Conference with
councilmember re invoices.
$295.00 0.2 $59.00
11/10/2025 Tom Terpstra Review claim history and
correspondence re same to
prepare for closed session.

Conference with K. Werner
and research re same.
$295.00 1.5 $442.50
11/10/2025 Tom Terpstra Prepare for and attend
Council meeting.
$295.00 1.8 $531.00
11/12/2025 Tom Terpstra Email and call with L. Roos re
claim denial procedures.
$295.00 0.4 $118.00
11/14/2025 Tom Terpstra Review and revise claim
rejection letter; email to City
Clerk re same.
$295.00 0.3 $88.50
11/14/2025 Tom Terpstra Request hearing officer for
dangerous animal hearing.
$295.00 0.2 $59.00
11/17/2025 Tom Terpstra Begin reviewing ADU
ordinance draft from K.

Zuidervaart; research re
same.
$295.00 2.2 $649.00
11/17/2025 Tom Terpstra Weekly meeting with K.

Werner.
$295.00 0.4 $118.00
11/17/2025 Tom Terpstra Prepare for and attend
Planning Commission
Meeting.
$295.00 1.6 $472.00
11/19/2025 Tom Terpstra Research re state ADU laws
to advise re ordinance.
$295.00 2.2 $649.00
11/20/2025 Tom Terpstra Research ADU law changes
and provisions acceptable to
HCD.
$295.00 2.9 $855.50
11/21/2025 Tom Terpstra Continue researching state
ADU law changes, continue
working on ordinance.
$295.00 4.2 $1,239.00
Time Entries Total: 36.4 $10,738.00

1.2.F.a
Packet Pg. 48
Attachment: November 2025 Ripon Invoices (4910 : Law Office of Thomas H. Terpstra, Jr.) Total $10,738.00
Amount Due $10,738.00
Outstanding Invoices
Number Due Date Amount Payments Balance
00104 (current) 12/26/2025 $10,738.00 $0.00 $10,738.00
Outstanding Balance $10,738.00

1.2.F.a
Packet Pg. 49
Attachment: November 2025 Ripon Invoices (4910 : Law Office of Thomas H. Terpstra, Jr.) Law Office of Thomas H. Terpstra, Jr.

P.O. Box 443
Ripon, CA 95366
United States
Phone: 209-985-9273
Invoice
Invoice Number 00102
Matter Police Department
Date of Issue 11/26/2025
Payment Terms Due Date
Due Date 12/26/2025
Billed To
City of Ripon
259 North Wilma Avenue
Ripon, California 95366
United States
$1,062.00 due 12/26/2025
Time Entries
Date Attorney Description Hourly Rate Qty Line Total
10/31/2025 Tom Terpstra Review request and draft
letter from C. Caro. Advise re
PRA request.
$295.00 0.4 $118.00
11/03/2025 Tom Terpstra Strategize re appeal process
for dangerous animal.
$295.00 0.3 $88.50
11/17/2025 Tom Terpstra Coordinate with E. Ries re
scheduling of dangerous
animal appeal.
$295.00 0.4 $118.00
11/18/2025 Tom Terpstra Coordinate hearing officer
scheduling and advise E. Ries
re appeal hearing of dog
case. Draft notice letter to
appellant.
$295.00 1.1 $324.50
11/19/2025 Tom Terpstra Review court calendar and
research cases for monthly
calendar. Correspondence
with C. Caro re same.
$295.00 0.3 $88.50
11/24/2025 Tom Terpstra Research re CPRA
requirements re request.
$295.00 1.1 $324.50
Time Entries Total: 3.6 $1,062.00
Total $1,062.00
Amount Due $1,062.00
Outstanding Invoices
Number Due Date Amount Payments Balance
00102 (current) 12/26/2025 $1,062.00 $0.00 $1,062.00
Outstanding Balance $1,062.00

1.2.F.a
Packet Pg. 50
Attachment: November 2025 Ripon Invoices (4910 : Law Office of Thomas H. Terpstra, Jr.)

INVOICE
Ripon Chamber of Commerce
104 South Stockton Ave
Ripon, CA 95366
[email protected]
+1 (209) 599-7519
www.riponchamber.org
Bill to
City of Ripon
259 N. Wilma Ave.

Ripon, CA 95366
Ship to
City of Ripon
259 N. Wilma Ave.

Ripon, CA 95366
Invoice details
Invoice no.: 6505
Terms: Net 30
Invoice date: 12/01/2025
Due date: 12/31/2025
# Product or service Description Qty Rate Amount

1. Membership (Non-Profit) 1 $185.00 $185.00
Ways to pay
Note to customer
Has your address or primary contact changed? Please update below.

Organization
Name:_________________________________________
Primary Billing
Contact:________________________________________
Mailing address:________________________________________ City, State, Zipcode:_______________________________
View and pay
Total $185.00

1.2.G.a
Packet Pg. 51
Attachment: INVOICE_6505 (4913 : Chamber of Commerce Annual Membership Fee) .. INVOICE

SAN JOAQUIN REGIONAL TRANSIT DISTRICT
AR Invoice: AR038191
ATTENTION: ACCOUNTS RECEIVABLE
421 EAST WEBER AVE
Invoice Date: 11/30/25
DUE UPON RECEIPT STOCKTON, CA 95205
[email protected]
(209) 943-1111
To: Customer: C01524

CITY OF RIPON
259 N WILMA AVE
RIPON CA 95366
Description
November 2025
Qty

30.13 Unit Price Extended Price

56.93 1,715.30
Payments

0.00 I Total Due

PLEASE RETURN THIS PORTION WITH YOUR PAYMENT

SAN JOAQUIN REGIONAL TRANSIT DISTRICT
ATTENTION: ACCOUNTS RECEIVABLE
421 EAST WEBER AVE
STOCKTON, CA 95202
AR Invoice:

Customer:

Invoice Date:

Total Due:

Total Payment:

Amt Due
$1,715.30
$1,715.301
AR038191
C01524
11/30/25
$1,715.30

1.2.H.a
Packet Pg. 52
Attachment: Invoice AR038191_SJRTD (4914 : SJRTD)
INVOICE Page 1 of 2
Invoice Number 2487687
Invoice Date November 24, 2025
Customer Number 84626
Project Number 184030139
Net Due in 30 Days or in accordance with terms of the contract Stantec will not change our banking information. If you receive a request noting our banking information has changed, please contact your Stantec Project Manager
Bill To
City of Ripon, CA
Accounts Payable
259 N Wilma Avenue
Ripon CA 95366
United States
EFT/ACH Remit To (Preferred)
Stantec Consulting Services Inc. (SCSI)
Bank of America
ABA No. : 111000012
Account No: 3752096026
Email Remittance: [email protected]
Alternative Remit To
Stantec Consulting Services Inc.
(SCSI)
13980 Collections Center Drive
Chicago IL 60693
United States
Federal Tax ID
11-2167170
Project Description: RIPN03-002 - City of Ripon GW Monitoring Reporting Stantec Project Manager: Butler, Thomas W
Authorization No: Change Order No.11
Authorization Date: March 5, 2025
Authorization Amount: $13,000.00
Authorization Previously Billed: $5,548.50
Authorization Billed to Date: $8,014.50
Current Invoice Due: $2,466.00
For Period Ending: October 31, 2025
Reporting Cycle: 2025
2025 Q1-Q4: Included in Change Order #11
Email invoices to: Carla Rodriguez / [email protected] Work completed this period involved production of the 3rd quarter groundwater monitoring report.

1.2.I.a
Packet Pg. 53
Attachment: Invoice 2487687_Stantec (4915 : Stantec Consulting Services, Inc.) INVOICE Page 2 of 2
Invoice Number 2487687
Project Number 184030139

Top Task 225 2025 Reporting
Low Task 225.003 3rd Quarter Report (2025)
Professional Services
Category/Employee Hours Rate Current
Amount
Butler, Thomas W 9.00 274.00 2,466.00

9.00 2,466.00
Professional Services Subtotal 9.00 2,466.00
Low Task 225.003 Subtotal 2,466.00
Top Task 225 Total 2,466.00
Total Fees & Disbursements $2,466.00
INVOICE TOTAL (USD) $2,466.00

1.2.I.a
Packet Pg. 54
Attachment: Invoice 2487687_Stantec (4915 : Stantec Consulting Services, Inc.)

INVOICE
DATE
11/26/2025
INVOICE NO.
32773

INVOICE TO
City of Ripon
259 N. Wilma Ave.

Ripon, CA 95366
Attn: Christina Giedd

SITE ADDRESS
259 N. Wilma Ave.

Ripon, CA
TERMS
Net 30

PROJECT
783.PRI
P.O. NO.

Total
WGR Southwest, Inc.
11021 Winners Circle, Suite 101 · Los Alamitos, CA 90720 · 562.799.8510 Credit card payments accepted online at https://secure.wgr-sw.com/payments.html

SERVICED DESCRIPTION QTY RATE AMOUNT
10/13/2025 Review of the post-construction standards for Ripon Reliability Project 1 425.00 425.00 $425.00

1.2.J.a
Packet Pg. 55
Attachment: Invoice 32773_WGR (4916 : WGR Southwest, Inc.) Siegfried Engineering, Inc. - 3428 Brookside Road, Stockton, CA 95219 tel:(209) 943-2021 - fax:(209) 942-0214 - tax ID #94-1648794 This is an invoice for professional services and is due upon presentation. Any amounts not paid within thirty (30) days of the billing date shall be considered delinquent and shall bear a service charge, from date of billing, of one and one-half percent (1 1/2 %) per month on the unpaid balance.

Page: 1 of 1
City of Ripon
Attn: James Pease
259 N. Wilma Ave
Ripon, CA 95366
3001 Topographic & Boundary Survey 17,000.00 16,982.50 16,982.50 0.00 1004 Project Management & Coordination
with COR
18,000.00 585.50 585.50 0.00
1003 Construction Documents (100%) 40,000.00 0.00 0.00 0.00 1002 Design Development (60%) 25,000.00 0.00 0.00 0.00
1001 Schematic Design (30%) 25,000.00 18,797.75 12,665.25 6,132.50 Contract Total 125,000.00 36,365.75 30,233.25 6,132.50
Item Description
Contract
Amount Billed To Date
Previously
Billed Current Billed
Project Engineer 26.25 186.00 $4,882.50
Principal 5.00 250.00 $1,250.00
Professional Services Subtotal 31.25 $6,132.50
Professional Services
Employee Type Hours Rate Amount
1001 Subtotal $6,132.50
1001 - Schematic Design (30%)
$6,132.50
Contract: 25119
River Rd and N Ripon Rd Traffic Signal & Intersection Improvements Effort for the 30% plans and cost estimate.

Invoice Number: 50972
Date: 11/12/2025
Engineering Services through October 26, 2025
Transportation PFFP Capital Fund

1.2.K.a
Packet Pg. 56
Attachment: Invoice 50972_Siegfried (4917 : Siegfried Engineering, Inc.)

1.2.L.a
Packet Pg. 57
Attachment: Invoice 82412_LSC Transportation Consultants (4918 : LSC Transportation Consultants, Inc.)

1.2.L.a
Packet Pg. 58
Attachment: Invoice 82412_LSC Transportation Consultants (4918 : LSC Transportation Consultants, Inc.) CONTRACTOR: Grover Landscape Services, Inc.

PROJECT: Landscape Repair Project
PROJECT DESCRIPTION:

INVOICE NO: 8
DATE: 11/30/2025
ORIGINAL CONTRACT AMOUNT: $217,755.00 PREVIOUSLY BILLED AMOUNT: $485,798.17 LESS RETENTION: $24,289.92
APPROVED CONTRACT CHANGES: $520,549.17 PREVIOUSLY PAID AMOUNT: $461,508.25 CURRENT INVOICED AMOUNT: $252,506.00
LESS RETENTION: $12,625.30
TOTAL CONTRACT AMOUNT: $738,304.17 CURRENT AMOUNT DUE: $239,880.70 TOTAL BILLED TO DATE (INCL CURRENT INVOICE) $738,304.17 LESS RETENTION: $24,289.92
TOTAL PAID TO DATE: $714,014.25

INVOICE SUMMARY

TOTAL PROGRESS
Remaining Contract Amount: $0.00
Approx. % Complete: 100%

INVOICE SUMMARY
The replacement of landscape in various locations throughout the City of Ripon.

CONTRACT INFORMATION BILLING INFORMATION
Work completed for change orders 2 & 3 including the downtown pole painting and landscaping around Zumstein park.

1.2.M.a
Packet Pg. 59
Attachment: Invoice 8_Grover Landscaping Services, Inc (4919 : Grover Landscape Services, Inc.) City Council
259 N. Wilma Avenue
Ripon, CA 95366
MEMO
To: Honorable City Council
From: Lisa Roos, City Clerk & Finance Director
Date: 12/09/2025
Subject: Financial Statements and Independent Auditor report RECOMMENDED ACTION:

This resolution accepts the City of Ripon Financial Statements and Independent Auditor’s Report for the year ended June 30, 2025, prepared by Price Paige & Company Accountancy Corporation.

BACKGROUND:

Attached is a copy of the staff report from November’s meeting.

Attachments:

1. 24-25 Audited Financial Statements Council packet copied from November

2. 2025.06.30 RIPON Audit Committee Letter

3. 2025.06.30 RIPON Govt Auditing Standards Report

4. 2025.06.30 RIPON Financial Statements

1.3.A
Packet Pg. 60
RESOLUTION NO. 25-38

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

RIPON ACCEPTING THE CITY OF RIPON FINANCIAL

STATEMENTS AND INDEPENDENT AUDITOR'S REPORT
FOR THE YEAR ENDED JUNE 30, 2025
WHEREAS, the City of Ripon Financial Statements and Independent Auditor’s Report for the year ending June 30, 2025, have now been completed and filed with the City of Ripon; and
WHEREAS, Price Paige & Company Accountancy Corporation has now completed its audit of the form and content of the information included in the financial statement in accordance with generally accepted auditing standards.

NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Ripon, that the City of Ripon does hereby accept the Financial Statement and Independent Auditors’ Report of June 30, 2025, by Price Paige & Company Accountancy Corporation, the independent certified public accountant employed by the City of Ripon to audit the financial records.

PASSED AND ADOPTED at a regular meeting of the City Council of the City of Ripon this 9th day of December, 2025, by the following vote:

RESULT: ADOPTED BY CONSENT VOTE [UNANIMOUS]
MOVER: Leo Zuber, Council Member
SECONDER:Michael Restuccia, Council Member
AYES: de Graaf, Barton, Uecker, Restuccia, Zuber

THE CITY OF RIPON,
A Municipal Corporation
By ________________________________
GARY BARTON, Mayor
ATTEST:

By: ___________________________
LISA ROOS, City Clerk

1.3.A
Packet Pg. 61
City Council
259 N. Wilma Avenue
Ripon, CA 95366
MEMO
To: Honorable City Council
From: Lisa Roos, City Clerk & Finance Director
Date: 11/10/2025
Subject: Audited Financial Statements
RECOMMENDED ACTION:

Resolutions will be presented in December for acceptance of the City of Ripon Financial Statements and the Money Purchase Thrift Pension Plan Financial Statements and the Independent Auditors Reports for the fiscal year ending June 30, 2025.

BACKGROUND:

The City utilizes a number of funds to track revenue and expenses used to conduct the business of the various City departments. These funds are classified by three categories - “Operating Funds”, “Capital Funds”, and “Restricted Funds”. Attached is a flowchart showing each of these fund categories along with the breakdown of the different funds within each of these categories.

The City of Ripon’s Financial Statements and Independent Auditor’s Report as of June 30, 2025 has specific requirements and verbiage that must be used based upon auditing standards, which does not necessarily match the City’s day-to-day terminology. The terms used within the audit to refer to our funds are Governmental Funds, Proprietary Funds (also referred to as BusinessType Activities) and Fiduciary Funds. Below is a description of these funds and how they relate to our flowchart of fund categories.
 Governmental Funds – Most of the City’s basic services are reported in governmental funds that focus on how money flows in and out of those funds and the balances left at year end that are available for spending. These funds are noted on our flowchart as General Fund Operating Funds, Capital Funds and also the Restricted Funds except for Redevelopment.
 Proprietary Funds – The City charges customers for the services it provides.

Sometimes throughout the audit these funds are also noted as Business-Type Activities.

These funds are noted on our flowchart as Enterprise Operating Funds. 24-25 Audited Financial Statements Council packet copied from November

1.3.A.a
Packet Pg. 62
Attachment: 24-25 Audited Financial Statements Council packet copied from November (25-38 : Financial Statements and Independent Auditor  Fiduciary Funds – These funds are established to serve as the custodian for assets held in a trustee or agency capacity for others and, therefore, cannot be used to support the City’s own programs. These funds are our Successor Redevelopment Agency Funds noted on our flowchart under Restricted Funds.

The term “restricted” on our fund category flowchart and within the audit have different meanings. On our fund category flowchart, Restricted Funds are funds that we have restricted internally for different needs, as noted. In the audit, Restricted Funds are restricted because of constraints placed on the resources either externally imposed by creditors, grantors, contributors or laws or regulations of other governments, or imposed by law through constitutional provisions or enabling legislation. This may be because of grants or different funding sources that have not yet been expended.

DISCUSSION/ANALYSIS:

The audits for the City of Ripon and for the Money Purchase Thrift Pension Plan for the fiscal year ending June 30, 2025 were completed by Price Paige & Company. As noted in the audit communication letters, there were no significant audit findings, no difficulties encountered between the auditors and staff, and no disagreements between management and the auditors.

The audit communication letters also have verbiage that is required by new auditing standards.

These new standards require the auditors to disclose to the Governing Council areas they have identified as significant risks in the City. These areas were a point of focus for the auditors this year. As noted in the letter, the identification of such risks of material misstatements does not necessarily indicate that there were instances of error or omission.

This memorandum is to serve as a narrative overview and analysis of the financial activities of the City of Ripon for the fiscal year ending June 30, 2025. We encourage readers to consider the information presented here in conjunction with the information that is included in the financial audit.

Financial Highlights:

General Fund:
 General Fund operating revenue increased by $981,074 (or 6%) as compared to the previous fiscal year.
 General Fund operating expenses increased by $1,636,038 (or 11%) as compared to the previous fiscal year.
 During the fiscal year ending June 30, 2025, a total of $1,541,176 was transferred from the General Fund. Transfers were made to the Street and Road Reserve Fund ($760,431), Department Capital Fund ($475,000), CNG Capital Reserve ($52,893), CalPERS Contingency Fund ($162,117) and for the December 2024 police officer, sergeant and dispatcher retention payment approved from the fiscal year 22-23 surplus ($90,735).  The City’s share of CalPERS unfunded liability decreased minimally (2%) in the current fiscal year due to higher than normal returns. Not all employees of the City of Ripon participate in CalPERS, so the City’s unfunded liability is much less than other municipalities ($6,959,317 as of June 30, 2024 CalPERS Valuation Report). Since fiscal year 2017-18, $1,825,153 has been transferred to a CalPERS Contingency Fund and in fiscal year 2022-23 transferred into a Section 115 Trust. The current balance of the 115 Trust is $1,838,208. Additionally, a $250,000 prepayment towards the City’s unfunded 24-25 Audited Financial Statements Council packet copied from November

1.3.A.a
Packet Pg. 63
Attachment: 24-25 Audited Financial Statements Council packet copied from November (25-38 : Financial Statements and Independent Auditor accrued liability was made in fiscal year 2018-19
Street & Road Funds:
 At the end of the fiscal year ending June 30, 2025, the fund balances of the Street & Road Operating Fund was $4,129,025; the Street & Road Reconstruction Fund1 was $1,894,872; and the Street & Road Reserve Fund2 was $3,831,520. The Street & Road Operating Fund balance decreased by $1,219,368 during fiscal year 2024-25.  In FY 2021-22, SJCOG changed the policy regarding the use of Local Transportation Fund (LTF) revenue that impacts the City of Ripon. The City must allocate 25% of this revenue to transit related expenses. Based upon the timing of receiving these funds, the City of Ripon will have lower funds available by 25% in future years, beginning in FY 2022-23.
 The following table is a summary of the Street & Road Operating Fund revenue and expenses for the fiscal year ending June 30, 2025 as compared to the previous fiscal year:

FY 2023-24 FY 2024-25
Operating Revenue $2,975,545 $2,003,665
Highway User Tax Account 459,848 487,153
Local Transportation Fund 1,596,187 329,206
Measure K Local Streets 459,431 490,741
Senate Bill 1 419,942 469,374
Street & Road Misc. Revenue1 40,137 227,191
Operating Expenses $638,238 $707,949
Street & Road Maintenance 254,144 357,916
Landscape Maintenance 353,624 310,104
Administration 25,728 26,775
Engineering 4,742 13,154
Capital Projects $395,165 $1,909,091
Transfer to Street & Road
Reconstruction Fund $1,148,585 $534,262
Transfer to Landscape Maintenance
Districts2 $71,731
Street & Road Operating Fund Ending
Balance $5,348,393 $4,129,025
1 Includes grant income in FY 2023-24 for the Stockton Ave Rehabilitation and in FY 2024-25 for the Stanislaus River Multi-Use Trail and the South of Main Projects.
2 In FY 2024-25, we began transferring Street & Roads funds to Landscape Maintenance Districts with deficits.

There is a large variance of LTF fund received from FY 2023-24 to FY 2024-25 due to the timing of when those funds were received. In FY 2023-24, LTF funds were received for the 2022-23 year and for part of 2023-24. In FY 2024-25, only the remaining part of the 2023-24 funds were received; the 2024-25 funds were not received until July 2025 (or the next fiscal year).

1 At the end of each fiscal year, half of the unused operating funds for the year are transferred to this fund to be used to fund reconstruction of existing roads.
2 At the end of each fiscal year, one-third of the General Fund surplus is transferred to this fund to be used to fund reconstruction of existing roads, as approved by the City Council. 24-25 Audited Financial Statements Council packet copied from November

1.3.A.a
Packet Pg. 64
Attachment: 24-25 Audited Financial Statements Council packet copied from November (25-38 : Financial Statements and Independent Auditor  The following is a summary of major Street & Road capital expenses during the year ending June 30, 2025:
o $1,891,396 for the South of Main Rehabilitation Project o $822 for the Lower Stanislaus River Multi-Use Trail Project o $16,873 for Sidewalk Repairs
Enterprise Operating Funds:
 At the end of the fiscal year ending June 30, 2025, the Enterprise Operating Funds had the following activity by source:

FY 2023-24 FY 2024-25
Fund Ending
Balance Income Expenses
Balance
Prior to
Transfer

Transfer

Final Ending
Balance
Water $926,514 $4,111,131 ($3,344,857) $1,692,788 ($766,274) $926,514 Sewer $697,426 $2,213,822 ($1,435,005) $1,476,243 ($778,817) $697,426 Garbage $211,230 $2,787,901 ($2,754,839) $244,292 ($33,062) $211,230  During fiscal year 2024-25, the Sewer Enterprise Operating Fund was able to transfer to the Sewer Enterprise Capital Fund more than the $741,000 recommended transfer by Tom Pavletic from Municipal Financial Services for future capital replacement.

However, the Water and Garbage Enterprise Funds were only able to transfer the current year’s cash flow and not the recommended amounts of $1,100,000 and $280,000, respectively.

Enterprise Capital Funds:
 The following is a summary of the fund balance of each Enterprise Capital account for fiscal year ending June 30, 2025, as compared to the previous fiscal year:

FY 2023-24 FY 2024-25
Fund Ending
Balance Income Expenses
Balance
Prior to
Transfer

Transfer

Final Ending
Balance
Water $7,906,602 $366,892 ($436,092) $7,837,402 $610,7271 $8,448,129 Sewer $1,154,620 $39,835 ($209,431) $985,024 $217,1422 $1,202,166 Sewer WWTP Reserve $1,896,707 $68,514 ($0) $1,965,221 $405,700 $2,370,921 Garbage $1,127,211 $62,880 ($528,733) $661,358 $33,062 $694,420 Storm Drain ($7,446) $61,963 ($26,252) $28,265 $0 $28,265 1 Water Enterprise Capital Fund Transfer includes $155,547 transferred to the Corporation Yard for additional expenditures at the end of the project.
2 Sewer Enterprise Capital Fund Transfer includes $155,975 transferred to the Corporation Yard for additional expenditures at the end of the project.
24-25 Audited Financial Statements Council packet copied from November

1.3.A.a
Packet Pg. 65
Attachment: 24-25 Audited Financial Statements Council packet copied from November (25-38 : Financial Statements and Independent Auditor  The following is a summary of major Enterprise Capital expenses during the year ending June 30, 2025:

Water Enterprise Capital Summary:
o $45,000 related to the Corporation Yard Project
o $66,000 for design of Well #3 Project
o $195,000 for evaluation and assessment of Well #9
o $14,000 for the South of Main Project
o $106,000 for ½ of service truck with hoist (paid by Water & Sewer Enterprise Capital Funds)
Sewer Enterprise Capital Summary:
o $45,000 related to the Corporation Yard Project
o $59,000 for the Percolation Pond Rehabilitation Project o $106,000 for ½ of service truck with hoist (paid by Water & Sewer Enterprise Capital Funds)
Garbage Enterprise Capital Summary:
o $481,000 for a new CNG garbage truck
o $38,000 for compost, as mandated by the State for us to purchase back what we have recycled
o $10,000 for replacement garbage cans
Storm Drain Enterprise Capital Summary:
o $26,000 related to the Corporation Yard Project
PFFP Capital Funds:
 The following is a summary of the fund balance of each PFFP Capital Fund for fiscal year ending June 30, 2025, as compared to the previous fiscal year:

FY 2023-24 FY 2024-25
Fund Ending
Balance Income Expenses Transfers Final Ending Balance
Water $3,280,880 $741,778 ($31,753) $3,990,905
SSJID Connection Reserve $965,731 $212,416 ($0) $1,178,147 Garbage ($758,514) $82,752 ($27,158) ($702,920)
Wastewater $6,430,748 $577,920 ($0) $7,008,668
Storm Drain $2,736,394 $188,840 ($0) $2,925,234
Transportation $2,704,795 $668,645 ($0) $3,373,440
RTIF $1,710,560 $167,188 ($0) $1,877,748
Parks & Recreation $111,429 $976,156 ($202) $1,087,383
Police ($1,213,145) $19,822 ($44,047) ($1,237,370)
City Hall ($3,880,536) $77,257 ($139,959) ($3,943,238)
Corporation Yard $1,303,7401 $230,024 ($488,500) ($330,357) $714,9071 Library ($629,152) $30,537 ($22,705) ($621,320)
TOTAL $12,762,930 $15,651,584
1Balance differs from audited financial statements because audit refers to City’s transfers or balances as advances to and/or from other funds. 24-25 Audited Financial Statements Council packet copied from November

1.3.A.a
Packet Pg. 66
Attachment: 24-25 Audited Financial Statements Council packet copied from November (25-38 : Financial Statements and Independent Auditor  The following is a summary of major PFFP capital expenses during the year ending June 30, 2025:
o $32,000 for the South County Water Project
o $488,000 for the Corporation Yard Project
 The City advanced construction for the City Hall, Police Department and Library buildings and constructed each to a size that accommodates the future growth of the General Plan, which resulted in negative balances to these funds since fees from future growth have not yet been collected. With that, the revenue from this growth over the term of the buildout of the City’s general plan is necessary to relieve these negative balances. Goodwin & Associates re-evaluated the negative fund balances in 2017 to ensure that the PFFP development fees for these funds are sufficient to ensure that enough revenue is collected from the future growth within the City’s general plan.

Debt Obligations:
 In 2011, the Ripon Redevelopment Agency loaned the Parks and Recreation PFFP Fund $3.3 million to construct the Mistlin Softball Fields. The loan repayment was made with half the Parks and Recreation PFFP fees collected since the loan was made. As of March 30, 2020, the total loan amount has been collected, of which $1,689,238 will remain with the City and $534,846 will be returned to the State to be distributed to the various taxing entities at some point in the future. Until the funds are returned, this amount will continue to show as a liability in the table below.
 At the end of the fiscal year ending June 30, 2025, the City’s total debt obligation was $29,139,894. This balance is summarized in the table below:

Debt Balance @
6/30/24
Additions in
FY 24/25
Paid in
FY 24/25
Ending Balance
@ 6/30/25
2011 Sewer Bonds $375,000 $185,000 $190,000
2006 Water Revenue Bonds $3,725,000 $345,000 $3,380,000 2012 Water Revenue Bonds $1,020,000 $245,000 $775,000
2020 Redevelopment Bonds $19,331,391 $224,707 $19,106,684 Loan due to Department of
Finance1
$550,028 ($15,182) $0 $534,846
Water Surcharge Installation
Project; repaid by surcharges
collected until 2025
$249,464 $89,764 $159,700
City Loan to Corp Yard
Project
$5,691,444 $56,914 $175,923
+$578,771
$4,993,664
TOTAL $30,942,327 $41,732 $1,844,165 $29,139,894
1 This was originally a loan from the Redevelopment Agency to the Parks & Recreation Capital Fund that was to be paid back with Capital fees collected. As of February 2020, all the funds were collected to pay back the entire loan. However, the Department of Finance has not yet requested their money, so this $534,846 balance continues to be listed on the City’s financial statements as a liability.

Economic Development Incentive Program:
 In May 2017, through Resolution 17-22, the City Council adopted an Economic Development Incentive Program to stimulate private sector investment in sales tax producing development in Ripon with the goal of retaining and growing the tax structure and jobs that are essential to maintaining a high quality of life for Ripon residents. 24-25 Audited Financial Statements Council packet copied from November

1.3.A.a
Packet Pg. 67
Attachment: 24-25 Audited Financial Statements Council packet copied from November (25-38 : Financial Statements and Independent Auditor  At the end of the fiscal year ending June 30, 2025, the City’s outstanding Economic Incentives were $1,285,692. This balance is summarized in the table below:

Business Original
Incentive
Balance @
6/30/24
Tax received to
offset incentive in
FY 24/25
Ending
Balance @
6/30/25
JKB Living $655,417 $481,256 $47,903 $433,353
Happy Daze RV $1,311,746 $1,046,897 $194,558 $852,339
TownePlace Suites by Marriott1 $416,426
TOTAL $1,528,153 $242,461 $1,285,692
1 In 2021/2022, the City Council approved this incentive plan, but TownePlace Suites by Marriott has not taken advantage of it yet.

Money Purchase Thrift Pension Plan (Non-PERS Retirement Plan):

The audit for the Money Purchase Thrift Pension Plan Financial Statements is also attached for review. The net position available for benefits increased $1,082,405 during fiscal year ending June 30, 2025. During fiscal year ending June 30, 2025, the Plan had a large amount of benefits paid out to participants due to rollovers or distributions of 12 employees compared to 2 in fiscal year ending June 30, 2024.

Attachments:

1. Budget Category Reporting Summary

2. Fund Balances 2025.06.30

3. 2025.06.30 RIPON Audit Committee Letter

4. 2025.06.30 RIPON Govt Auditing Standards Report

5. 2025.06.30 RIPON Financial Statements

6. 2025.06.30 RIPON PENSION Audit Committee Letter

7. 2025.06.30 RIPON PENSION Financial Statements
24-25 Audited Financial Statements Council packet copied from November

1.3.A.a
Packet Pg. 68
Attachment: 24-25 Audited Financial Statements Council packet copied from November (25-38 : Financial Statements and Independent Auditor October 29, 2025
To the Honorable Mayor and
Members of the City Council
City of Ripon, California
We have audited the modified-cash basis financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of Ripon, California (the City) for the year ended June 30, 2025. Professional standards require that we provide you with information about our responsibilities under generally accepted auditing standards, and Government Auditing Standards, as well as certain information related to the planned scope and timing of our audit. We have communicated such information in our engagement letter previously provided to you. Professional standards also require that we communicate to you the following information related to our audit.

Significant Audit Matters
Qualitative Aspects of Accounting Practices
Management is responsible for the selection and use of appropriate accounting policies. The significant accounting policies used by the City are described in Note 1 to the financial statements. No new accounting policies were adopted and the application of existing policies was not changed during 2025. We noted no transactions entered into by the City during the year for which there is a lack of authoritative guidance or consensus. All significant transactions have been recognized in the financial statements in the proper period.

Accounting estimates are an integral part of the financial statements prepared by management and are based on management’s knowledge and experience about past and current events and assumptions about future events. Certain accounting estimates are particularly sensitive because of their significance to the financial statements and because of the possibility that future events affecting them may differ significantly from those expected. The most sensitive estimate affecting the City’s financial statements was:

Management’s estimate of the indirect cost allocation is based on actual costs incurred in each fund. We evaluated the methods, assumptions, and data used to develop the indirect cost allocation in determining that it is reasonable in relation to the financial statements taken as a whole.

The financial statement disclosures are neutral, consistent, and clear.

Difficulties Encountered in Performing the Audit
We encountered no significant difficulties in dealing with management in performing and completing our audit.

Corrected and Uncorrected Misstatements
Professional standards require us to accumulate all known and likely misstatements identified during the audit, other than those that are clearly trivial, and communicate them to the appropriate level of management. Management has corrected all such misstatements. The attached schedule reflects all material misstatements detected as a result of audit procedures that were corrected by management.
2025.06.30 RIPON Audit Committee Letter

1.3.A.b
Packet Pg. 69
Attachment: 2025.06.30 RIPON Audit Committee Letter (25-38 : Financial Statements and Independent Auditor report) Disagreements with Management
For purposes of this letter, a disagreement with management is a financial accounting, reporting, or auditing matter, whether or not resolved to our satisfaction, that could be significant to the financial statements or the auditor’s report.

We are pleased to report that no such disagreements arose during the course of our audit.

Management Representations
We have requested certain representations from management that are included in the management representation letter.

Management Consultations with Other Independent Accountants In some cases, management may decide to consult with other accountants about auditing and accounting matters, similar to obtaining a “second opinion” on certain situations. If a consultation involves application of an accounting principle to the City’s financial statements or a determination of the type of auditor’s opinion that may be expressed on those statements, our professional standards require the consulting accountant to check with us to determine that the consultant has all the relevant facts. To our knowledge, there were no such consultations with other accountants.

Other Audit Findings or Issues
We generally discuss a variety of matters, including the application of accounting principles and auditing standards, with management each year prior to retention as the City’s auditors. However, these discussions occurred in the normal course of our professional relationship and our responses were not a condition to our retention.

In our audit engagement letter previously provided to you, we communicated the following significant risks of material misstatement (significant risks) as part of our audit planning:
 Management override of controls
 Improper revenue recognition due to fraud
During the course of the audit, we identified additional significant risks:
 Failure to record material advances between funds.
 Fund balance is not properly classified in accordance with GASB 54.  Interfund payment activity is improperly recorded as a transfer or otherwise reported as revenue/expenses instead of a reduction of the interfund balance.
 Misclassification of transfers in/out (commingling of transfers in/out in the same account).

These risks were addressed within our audit procedures and we have no findings to report related to these risks.

Other Matters
We applied certain limited procedures to the management’s discussion and analysis, which is required supplementary information (RSI) that supplements the basic financial statements. Our procedures consisted of inquiries of management regarding the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We did not audit the RSI and do not express an opinion or provide any assurance on the RSI.

We were engaged to report on the combining and individual non-major fund statements and additional information on the Successor Agency Trust Fund, which accompany the financial statements but are not RSI. With respect to this supplementary information, we made certain inquiries of management and evaluated the form, content, and methods of preparing the information to determine that the information complies with the modified cash basis of accounting, the method of preparing it has not changed from the prior period, and the information is appropriate and complete in relation to our audit of the financial statements. We compared and reconciled the supplementary information to the underlying accounting records used to prepare the financial statements or to the financial statements themselves.

2025.06.30 RIPON Audit Committee Letter

1.3.A.b
Packet Pg. 70
Attachment: 2025.06.30 RIPON Audit Committee Letter (25-38 : Financial Statements and Independent Auditor report) Restriction on Use
This information is intended solely for the information and use of City Council and management of the City of Ripon and is not intended to be, and should not be, used by anyone other than these specified parties.

Very truly yours,
2025.06.30 RIPON Audit Committee Letter

1.3.A.b
Packet Pg. 71
Attachment: 2025.06.30 RIPON Audit Committee Letter (25-38 : Financial Statements and Independent Auditor report) Client: RIPON, CITY OF
Engagement: 6-30-2025 AuditCurrent Period: 06/30/2025Workpaper: Material Adjusting Journal EntriesAccount Description Workpaper Reference Debit Credit Net Income Effect
AJE02 RE400To correct client reclassification journal entry posted related to transfers/repayment of interfund payable/receivables..300-40001 OPERATING TRANSFERS 120,146.88 0.00 300-99999 Transfers Out (PPC Account) 0.00 120,146.88 900-40001 OPERATING TRANSFERS 754,694.29 0.00 900-99999 Transfers Out (PPC Account) 0.00 754,694.29 900-40001 OPERATING TRANSFERS 120,146.88 0.00 900-99999 Transfers Out (PPC Account) 0.00 120,146.88 Total 994,988.05 994,988.05 0.00
2025.06.30 RIPON Audit Committee Letter 1.3.A.b
Packet Pg. 72
Attachment: 2025.06.30 RIPON Audit Committee Letter (25-38 : Financial Statements and Independent INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER

FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS

BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED

IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS
To the Honorable Mayor and
Members of the City Council
City of Ripon, California
We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the modified cash basis financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of Ripon, California (the City), as of and for the year ended June 30, 2025, and the related notes to the financial statements, which collectively comprise the City’s basic financial statements, and have issued our report thereon dated October 29, 2025.

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

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

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

Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses or significant deficiencies may exist that were not identified.

Report on Compliance and Other Matters
As part of obtaining reasonable assurance about whether the City’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the financial statements. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. 2025.06.30 RIPON Govt Auditing Standards Report

1.3.A.c
Packet Pg. 73
Attachment: 2025.06.30 RIPON Govt Auditing Standards Report (25-38 : Financial Statements and Independent Auditor report) Purpose of This Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.

Clovis, California
October 29, 2025
2025.06.30 RIPON Govt Auditing Standards Report

1.3.A.c
Packet Pg. 74
Attachment: 2025.06.30 RIPON Govt Auditing Standards Report (25-38 : Financial Statements and Independent Auditor report) City of Ripon | CA
Financial Statements
For the Year Ended June 30, 2025
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 75
Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | FOR THE YEAR ENDED JUNE 30, 2025 Financial Statements

TABLE OF CONTENTS
PAGE
Independent Auditor’s Report ............................................................................................................................................ 1 Management’s Discussion and Analysis ............................................................................................................................. 5 Basic Financial Statements:

Government-Wide Financial Statements:

Statement of Net Position – Modified Cash Basis ...................................................................................................... 18 Statement of Activities – Modified Cash Basis ........................................................................................................... 19 Fund Financial Statements:

Governmental Funds:

Balance Sheet – Modified Cash Basis ................................................................................................................... 21 Statement of Revenues, Expenditures and Changes in
Fund Balances – Modified Cash Basis ............................................................................................................... 22 Proprietary Funds:

Statement of Net Position – Modified Cash Basis ................................................................................................ 23 Statement of Revenues, Expenses and Changes in Fund
Net Position – Modified Cash Basis .................................................................................................................. 24 Fiduciary Funds:

Private Purpose Trust Fund:

Statement of Fiduciary Net Position – Modified Cash Basis ........................................................................ 25 Statement of Changes in Fiduciary Net Position – Modified Cash Basis ...................................................... 26 Notes to the Basic Financial Statements…………………………………………………………………………………………………………….………….28 Supplementary Information:

Non-Major Special Revenue Funds:

Combining Balance Sheet – Modified Cash Basis ........................................................................................................ 51 Combining Statement of Revenues, Expenditures and Changes in Fund Balances – Modified Cash Basis ...................................................................................................................... 56 Additional Information on the Successor Agency Trust Fund ........................................................................................... 61 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 76
Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) 1 INDEPENDENT AUDITOR’S REPORT
To the Honorable Mayor and
Members of the City Council
City of Ripon, California
Report on the Audit of the Financial Statements
Opinions
We have audited the accompanying modified cash basis financial statements of the governmental activities, the businesstype activities, each major fund, and the aggregate remaining fund information of the City of Ripon, California (the City), as of and for the year ended June 30, 2025, and the related notes to the financial statements, which collectively comprise the City’s basic financial statements as listed in the table of contents.

In our opinion, the modified cash basis financial statements referred to above present fairly, in all material respects, the respective modified cash basis financial position of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City, as of June 30, 2025, and the respective changes in modified cash basis financial position, for the year then ended in accordance with the modified cash basis of accounting.

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

Emphasis of Matter—Basis of Accounting
We draw attention to Note 1 of the financial statements, which describes the basis of accounting. The financial statements are prepared on the modified cash basis of accounting, which is a basis of accounting other than accounting principles generally accepted in the United States of America. Our opinion is not modified with respect to this matter.

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

In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the City’s ability to continue as a going concern for twelve months beyond the financial statement date, including any currently known information that may raise substantial doubt shortly thereafter.
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 77
Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) 2 Auditor’s Responsibilities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinions.

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

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

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

Supplementary Information
Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the City’s basic financial statements. The accompanying combining and individual nonmajor fund financial statements and additional information on the Successor Agency Trust Fund are presented for purposes of additional analysis and are not a required part of the basic financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the basic financial statements.

The information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the combining and individual nonmajor fund financial statements and additional information on the Successor Agency Trust Fund are fairly stated, in all material respects, in relation to the basic financial statements as a whole.
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 78
Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) 3 Other Information
Management is responsible for the other information included in the annual report. The other information comprises the management’s discussion and analysis but does not include the basic financial statements and our auditor’s report thereon. Our opinions on the basic financial statements do not cover the other information, and we do not express an opinion or any form of assurance thereon.

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

Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated October 29, 2025, on our consideration of the City’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the City’s internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the City’s internal control over financial reporting and compliance.

Clovis, California
October 29, 2025
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 79
Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) 4 MANAGEMENT’S DISCUSSION AND ANALYSIS
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 80
Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Management’s Discussion and Analysis
5 The purpose of the Management’s Discussion and Analysis is to provide a summary of the City’s financial activities for the fiscal year ended June 30, 2025. The City’s financial statements are presented on a modified cash basis of accounting, as described in the basis of accounting paragraphs noted on page 7. Please read this Management’s Discussion and Analysis in conjunction with the City’s financial statements that begin on page 18.

FINANCIAL HIGHLIGHTS
The net position of the City is the difference between total assets and total liabilities and includes restricted and unrestricted funds of both governmental and business-type activities. As summarized in Table 2 of this memorandum, the City’s assets exceeded its liabilities by $62,638,745 (net position) for the fiscal year ended June 30, 2025. This compares favorably to the previous year’s net position of $57,845,566. The net increase includes a 7% decrease of capitalrelated debt, 66% of restricted funds and 40% of unrestricted funds. The net position for the fiscal year ended June 30, 2025 is comprised of the following:
 Capital-related debt of $4,345,000 represents debt recorded in the proprietary funds for capital assets. The debt is associated with the water and sewer enterprise funds. The City does not capitalize capital assets; therefore, this category solely reflects the debt. Capital-related debt of $4,345,000 constitutes a negative net position.  Restricted net position of $42,027,025 represents the funds restricted for public safety including Vehicle Abatement, Drug Seizure and Police Department Grants; street construction and maintenance, assessment districts, Development Related fees, and low- and moderate-income housing.  Unrestricted net position of $24,956,718 represents the funds that are not otherwise restricted and may be committed or assigned based on priorities and/or policies established by the City Council.

Table 1 shows a summary of unrestricted funds:

TABLE 1
2025 2024
General Fund Contingencies/Reserves:

Sick Leave Contingency $ 448,013 $ 431,234
PERS Contingency * 1,681,847 2,000,325
Healthcare Contingency 230,319 222,793
Liability/Workers Comp Litigation Self-Insured Retention Contingency 690,958 668,379 Litigation/Natural Disaster Contingency 568,619 550,378 Operating Reserve 7,233,908 7,381,749
Street and Road Reserve Fund 5,726,390 4,673,483
General Capital Funds:

Parks and Recreation 3,396,924 3,922,529
CNG Station Capital Reserve 300,650 273,507
Department Capital Funds 2,716,651 2,960,005
Corporation Yard 62,662 498,014
Deficit Restricted Funds (92,920) (12,720)
Enterprise Funds * 1,674,219 * 1,585,108
Total Unrestricted Funds 24,956,718 $ 24,836,306 $
* PERS Contingency funds are in a 115 trust with limited use related to paying CalPERS related expenses only. ** Enterprise funds are considered unrestricted however, these must be used in accordance with the laws governing the City's various enterprise funds.
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 81
Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Management’s Discussion and Analysis
6 Below is a summary of financial policies by the City Council that are evaluated each year to ensure compliance.  RESERVE AND CONTINGENCY FUNDS
o During the fiscal year ended June 30, 2019, City staff completed a Reserve Study and City Council approved a policy regarding reserve balances. These policies set goals for the General Fund Reserve, Sick Leave Contingency Reserve, CalPERS Reserve, Healthcare Deductible Reimbursement Reserve, Workers Compensation/Liability Self Insured Retention Reserve and the Natural Disaster/Litigation Reserve. These reserves were funded during the fiscal year ended June 30, 2019 through the budgeting process. These balances are reviewed annually to confirm the City is in compliance with the policies.  LANDSCAPE MAINTENANCE DISTRICT DEFICITS
o During the fiscal year ended June 30, 2019, City Council created a policy of transferring General Fund dollars to the Landscape Maintenance Districts at the end of the year that have an annual operating deficit and do not have a fund balance to cover the annual deficit. During the fiscal year ended June 30, 2025, the City Council adjusted this policy to have the funds transferred from the Street and Road Operating Fund instead of the General Fund, since the expenditures were for Landscape Maintenance.

This analysis is completed at the end of the fiscal year, and transfers are presented to the City Council for approval.
 STREET AND ROAD RESERVES
o In April 2015, the City Council approved Resolution 15-23 adopting a Street and Road Reserve Policy that requires a minimum of 33% of the annual General Fund surplus to be set aside for the funding of reconstructing streets and roads in Ripon that have exceeded their useful life. o In addition, during the fiscal year ending June 30, 2023, a Street and Road Reconstruction Fund was created, which is funded by 50% of the surplus of Street and Roads’ longer term operating revenue less operating expenditures to be used for Street and Road reconstruction project.

USING THIS ANNUAL REPORT
This annual report is presented in a format consistent with the presentation requirements of the Governmental Accounting Standards Board, as applicable to the City’s modified basis of accounting.

Report Components
This annual report consists of the following four parts:
1) Government-Wide Financial Statements. The Statement of Net Position and the Statement of Activities (on pages 18-19) provide information about the activities of the City government-wide (or as a whole) and present a longerterm view of the City’s finances. 2) Fund Financial Statements. Fund financial statements (beginning on page 21) focus on the individual parts of the City government. Fund financial statements also report the City’s operations in more detail than the governmentwide statements by providing information about the City’s most significant (major) funds. For governmental activities, these statements tell how these services were financed in the short term, as well as what remains for future spending. For proprietary activities, these statements offer short-term and long-term financial information about the activities, which the City operates like businesses, such as the water, sewer and refuse services. 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 82
Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Management’s Discussion and Analysis
7 3) Notes to the Financial Statements. The notes to the financial statements are an integral part of the governmentwide and fund financial statements and provide expanded explanation and detail regarding the information reported in the statements.
4) Supplementary Information. The annual report includes optional financial information, such as Management’s Discussion and Analysis, combining statements for non-major funds (that are added together and shown in the fund financial statements in a single column) and additional information on the Successor Agency Trust Fund.

This other supplementary financial information is provided to address certain specific needs of various users of the City’s annual report.

Basis of Accounting
The City’s financial statements are presented based on a modified cash basis of accounting. This modified cash basis of accounting is a basis of accounting other than generally accepted accounting principles in the United States of America.

Basis of accounting is a reference to when financial events are recorded, such as the timing for recognizing revenues, expenses, and their related assets and liabilities. Under the City’s modified cash basis of accounting, revenues and expenses and certain related assets, liabilities, and deferred inflows and outflows are recorded when they result from cash transactions or events.

As a result of the use of this modified cash basis of accounting, certain assets and their related revenues (such as accounts receivable and revenue for billed or provided services not yet collected, and other accrued revenue and receivables) and certain liabilities and their related expenses or expenditures (such as accounts payable and expenses for goods or services received but not yet paid, and other accrued expenses and liabilities) are not recorded in these financial statements, with the exception of long-term liabilities arising from cash transactions. In addition, other economic assets, deferred outflows, liabilities, and deferred inflows that do not arise from a cash transaction or event (such as donated assets and postemployment benefit obligations) are not reported, and the measurement of reported assets and liabilities does not involve adjustment to fair value. Lastly, the City does not recognize its investment in capital assets in its Statement of Net Position. Therefore, when reviewing the financial information and discussion within this annual report, the reader should keep this in mind.

Reporting the City as a Whole
The City’s Reporting Entity Presentation
This annual report includes all activities for which the City of Ripon’s City Council is fiscally responsible.

City management considered all potential component units for inclusion in the reporting entity by applying the criteria set forth in accounting principles generally accepted in the United States of America. The City concluded that there are no potential component units which should be included in the reporting entity.

The Government-Wide Statement of Net Position and the Statement of Activities The government-wide financial statements are presented on pages 18 and 19. The Statement of Net Position and Statement of Activities report information about the City as a whole and its activities. These statements include all the City’s assets, liabilities, and deferred inflows and outflows resulting from the use of the modified cash basis of accounting, as further defined in the notes to the financial statements.

These two statements report the City’s net position and changes therein. The City’s net position, which is the difference among assets, deferred outflows, liabilities, and deferred inflows is one way to measure the City’s financial health or financial position. Over time, increases or decreases in the City’s net position are one indicator of whether its financial health is improving or deteriorating. Other nonfinancial factors should also be considered, such as changes in the City’s sales tax base and the condition of the City’s roads, to assess the overall health of the City. 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 83
Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Management’s Discussion and Analysis
8 1) Governmental activities. Most of the City’s basic services are reported here, including the general administration, police, streets, public works and recreation. Property taxes, sales and use taxes, charges for services, operating grants, and contributions finance most of these activities. 2) Business-type activities. The City charges a fee to customers to help it cover all or most of the cost of certain services it provides. The City’s water, sewer, and refuse service are reported here.

Reporting the City’s Most Significant Funds
The Fund Financial Statements
The City has three types of funds: governmental, proprietary and fiduciary, which are noted below. Some funds are required to be established by State law. However, the City Council establishes certain other funds to help it control and manage money for particular purposes or to show that it is meeting legal responsibilities for using certain taxes, grants, and other money.
 Governmental Funds. Most of the City’s basic services are reported in governmental funds that focus on how money flows into and out of those funds and the balances left at year-end that are available for spending. These funds report the acquisition of capital assets and payments for debt principal as expenditures, not changes to asset and debt balances. The governmental fund statements provide a detailed short-term view of the City’s general government operations and the basic services it provides. The City uses the modified cash basis of accounting and, accordingly, there are no reconciling differences between the governmental activities (reported in the Statement of Net Position and the Statement of Activities) and governmental funds. The City considers the General Fund, Street & Road Fund, and Capital Projects Fund to be its significant, or major, governmental funds.

All other governmental funds are aggregated in a single column titled “Non-major Special Revenue Funds.”  Proprietary Funds. The City charges customers for the services it provides. These services are generally reported in proprietary funds. Proprietary funds are reported in the same way all activities are reported in the Statement of Net Position and Statement of Activities. For example, principal payments on long-term debt are recorded as a reduction to the liability. The City’s proprietary (enterprise) fund financial statements are essentially the same as the business-type activities we report in the government-wide financial statements. The City utilizes the modified cash basis of accounting and, accordingly, capital assets are not capitalized or depreciated. The City has three enterprise funds: Water, Sewer, and Refuse.
 Fiduciary Funds. Private Purpose Trust Funds are established to serve as the custodian for assets held in a trustee or agency capacity for others and, therefore, cannot be used to support the City’s own programs. The City has one private purpose trust fund known as the Successor Agency Trust Fund which holds the assets and accounts for the activities related to the winding down of the former Redevelopment Agency.

Net Position – Modified Cash Basis
The City’s combined net position resulting from modified cash basis transactions or events increased from $57,845,566 to $62,638,745 between fiscal years 2024 and 2025. Looking at the net position and net expenses of governmental and business-type activities separately, governmental activities had a larger increase than business-type activities.

Table 2 on the following page shows a breakdown and comparison of these activities. 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 84
Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Management’s Discussion and Analysis
9 TABLE 2:

Total
Percentage
Change
2024 2025 2024 2025 2024 2025 2024-2025
Cash and investments $ 35,725,924 $ 33,805,203 $ 1,834,572 $ 1,833,919 $ 37,560,496 $ 35,639,122 -5%Cash and investments - restricted 25,987,889 31,878,220 594 1,247 25,988,483 31,879,467 23% Internal balances 159,700 249,464 (249,464) (159,700) - - 0% Total assets 65,843,123 61,963,277 1,585,702 1,675,466 63,548,979 67,518,589 6% Long-term liabilities:

Loan due to private-purpose trust funds 583,413 534,846 - 583,413 - 534,846 -8% Debt due within one year - 775,000 - 800,000 775,000 800,000 3%Debt due in more than one year - - 4,345,000 3,545,000 4,345,000 3,545,000 -18% Total liabilities 534,846 583,413 5,120,000 4,345,000 5,703,413 4,879,846 -14% Capital related debt - (5,120,000) - (4,345,000) (5,120,000) (4,345,000) -15%Restricted for:

Public safety 197,505 196,293 - 197,505 - 196,293 -1%
Transit 711,761 578,284 711,761 578,284 -19%
Street construction and maintenance 5,348,392 4,129,022 - 5,348,392 - 4,129,022 -23% Assessment districts 389,180 446,588 - 389,180 - 446,588 15% Capital outlay 21,064,288 25,446,873 - 21,064,288 - 25,446,873 21% County development fees - - - - - - 0%
Mitigation fees 8,460,409 8,718,952 - 8,460,409 - 8,718,952 3% Low and moderate income housing 1,957,131 2,509,766 - 1,957,131 - 2,509,766 28% Debt service - - 594 1,247 594 1,247 110%
Unrestricted 23,282,499 23,251,198 1,585,108 1,674,219 24,836,306 24,956,718 0% Total Net Position $ 61,379,864 65,308,277 $ (3,534,298) $ (2,669,534) $ 57,845,566 $ 62,638,743 $ 8% Governmental Activities Business-Type Activities Total
The net position of the City’s governmental activities increased 6.40% to $65,308,277. However, $42,025,778 of this amount is restricted regarding the purposes for which it can be used. Consequently, unrestricted amounts showed $23,282,500 at the end of this year. Unrestricted funds include funds that the Council has the ability to assign or commit based on the priorities and policies of the City Council and are summarized in Table 1 under Financial Highlights. 2025.06.30 RIPON Financial Statements 1.3.A.d
Packet Pg. 85
Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Management’s Discussion and Analysis
10 Net Position – Modified Cash Basis
(10,000,000)
-
10,000,000
20,000,000
30,000,000
40,000,000
50,000,000
60,000,000
70,000,000
Governmental Business-Type
2024
2025
Changes from 2024 to 2025 reflect an increase of 8.20% in net position, an increase of 6.40% for governmental activities and an increase of 24.40% for business-type activities.

Changes in Net Position – Modified Cash Basis
For the year ended June 30, 2025, net position (resulting from modified cash basis transactions or events) changes are included in Table 3.
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 86
Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Management’s Discussion and Analysis
11 TABLE 3:

Total
Percentage
Change
2024 2025 2024 2025 2024 2025 2024-2025
RevenuesProgram revenues:

Charges for services 3,557,945 $ 4,067,424 $ 8,563,662 $ 8,940,838 $ 12,121,607 $ 13,008,262 $ 7% Operating grants and contributions 3,117,498 1,456,262 - 3,117,498 - 1,456,262 -53% Capital grants and contributions 4,488,868 4,252,549 936,571 1,197,068 5,425,439 5,449,617 0% General revenues
Taxes:

Property taxes 2,779,614 2,880,886 - 2,779,614 - 2,880,886 4% Sales and use taxes 4,581,976 4,408,837 - 4,581,976 - 4,408,837 -4% Other 259,023 259,294 214,883 223,677 473,906 482,971 2% Motor vehicle in lieu 2,013,090 2,114,521 - 2,013,090 - 2,114,521 5% Investment income 2,421,810 2,093,682 49,676 65,103 2,471,486 2,158,785 -13% Miscellaneous 665,280 622,716 - - 622,716 665,280 7%
Total revenue 22,198,735 23,842,540 9,764,792 10,426,686 33,607,332 32,625,421 -3% ExpensesAdministrative 68,589 108,815 - 68,589 - 108,815 59% Legislative 3,774 4,142 - - 3,774 4,142 10%
Police 9,007,200 9,995,876 - 9,007,200 - 9,995,876 11%Streets and public works 1,982,836 4,253,512 - 1,982,836 - 4,253,512 115% Culture and recreation 2,353,425 2,447,075 - 2,353,425 - 2,447,075 4%Redevelopment 201,686 214,290 - 201,686 - 214,290 6% Other 144,429 136,441 - 144,429 - 136,441 -6%
Capital outlay 12,278,031 3,912,393 - 12,278,031 - 3,912,393 -68% Water - 2,246,568 - 2,754,857 2,246,568 2,754,857 23%
Sewer - 1,199,862 - 1,250,007 1,199,862 1,250,007 4%
Refuse - - 2,488,901 2,754,836 2,488,901 2,754,836 11%
Total expenses 21,072,544 26,039,970 5,935,331 6,759,700 31,975,301 27,832,244 -13% Excess (deficiency) before transfers (2,197,430) 1,126,191 3,829,461 3,666,986 1,632,031 4,793,177 194% Transfers 2,802,222 2,896,788 (2,896,788) (2,802,222) - - Increase in net position 3,928,413 699,358 932,673 864,764 1,632,031 4,793,177 194% Net position - beginning 61,379,864 60,680,506 (4,466,971) (3,534,298) 56,213,535 57,845,566 Net position - ending $ 61,379,864 65,308,277 $ (3,534,298) $ (2,669,534) $ 57,845,566 $ 62,638,743 $ Governmental Activities Business-Type Activities Total
2025.06.30 RIPON Financial Statements 1.3.A.d
Packet Pg. 87
Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Management’s Discussion and Analysis
12 Governmental Activities
The Statement of Activities format on page 19 of this report is significantly different from a typical Statement of Revenues, Expenses and Changes in Fund Balance. Expenses are listed in the first column, with revenues from that particular program reported to the right. The result is net (expense) revenue. This type of format highlights the relative financial burden of each of the functions on the City’s taxpayers. It also identifies how much each function draws from the general revenues or if it is self-financing through fees and grants or contributions. All other governmental revenues are reported as general. It is important to note that all taxes are classified as general revenue, even if restricted for a specific purpose.

For the year ended June 30, 2025, the City’s governmental activities sources and uses follow:
19%
7%
20%
13%
20%
1%
10%
0%
10%
Sources of Funds for Governmental Activities
Charges for services
Operating grants and
contributions
Capital grants and
contributions
Property taxes
Sales and use taxes
Other taxes
Motor vehicle in lieu
American rescue plan act
Investment income

0.52%

0.02%

20.18% 47.43%

11.62%

1.02%

0.65%

18.56%
Uses of Funds in Governmental Activities
Administrative
Legislative
Police
Streets and public works
Culture and recreation
Redevelopment
Other
Capital outlay
For the year ended June 30, 2025, total expenses for governmental activities resulting from modified cash basis transactions or events amounted to $21,072,544. Of these total expenses, taxpayers and other general revenues funded $12,422,500, and those directly benefiting from the program funded $5,708,811 from grants and other contributions, and $4,067,424 from charges for services.

Business-Type Activities
The business-type activities’ net revenue (expenses), before transfers, resulting from modified cash basis transactions or events follow: The water, sewer and refuse service activities reported net revenues (expenses) of $2,244,834, $1,306,336, and $115,816, respectively.
-
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
Water Sewer Refuse
Business-type Activities Revenues and Expenses - Modified Cash Basis Revenues
Expenses
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 88
Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Management’s Discussion and Analysis
13 A FINANCIAL ANALYSIS OF THE CITY’S FUNDS
Certain funds experienced noteworthy changes from the prior year and are highlighted as follows:

General Fund:
 General Fund revenue has increased 5% for fiscal year 2025 as compared to the previous year while expenses have increased 10.8%.
 The General Fund revenue increase for fiscal year 2025 was largely attributed to development related fees collected that offset the reduction of sales and use tax revenue. Sales and use tax revenue decreased 4% from the prior fiscal year to the current fiscal year; from $4.6 million to $4.4 million. This was a result in a reduction of sales tax revenue associated with the sale of fuel. Development-related General Fund fees were conservatively budgeted at $250,000, but the amount actually received by the City was $812,063.  Property taxes increased 4% from the prior fiscal year and continues to remain a stable source of revenue for the City.
 The City continues to receive the $250,000 administrative allowance for administering the winding-down of the Redevelopment Agency. At this time, it is not clear when the City would no longer be receiving this allowance.  Investment income increased from $732,652 to $938,870 from the prior fiscal year to the current fiscal year. The increase in investment income was a result of more money invested from the General Fund. For fiscal year 2025, the overall rate of return was 3.35%, which represents a higher than normal return for government investments that are typically more conservative and not expected to continue.  The largest General Fund expense increases were for self-insured liability and worker compensation deposits, CalPERS unfunded liability payment, and operating expenses (i.e., fuel, electrical, etc).

Street & Road Fund:
 The City Council has approved policies that established certain Street and Roads Reserve Funds to reconstruct the roads that have structurally failed. The fund balance in the reserve funds is $5,726,390.  Included in the Non-Major Special Fund revenue funds of the financial statements are the Highway User taxes and other street and road operating funds. The funds available for Street and Roads projects have increased over the last couple of years, which has positioned the City to do some major road projects throughout the City—as of June 30, 2025, the funds designated for the purposes of street and road is $4,129,022. In the current fiscal year, we expended $2.6 million on Street and Road projects and will continue to make improvements in the next fiscal year.

Capital Project Fund:
 Capital Outlay expenditures decreased $8,365,638 from the prior year, mainly because of the Corporation Yard Construction in prior fiscal year. Below is a list of major capital expenditures that were incurred during the current fiscal year:
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 89
Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Management’s Discussion and Analysis
14 o Corporation Yard Construction - $749,000
o Police Department expenditures including LPR and MESH Camera upgrades, Rifle Rated Shield, and Portable and vehicle radios - $111,000; $10,000; and $106,000, respectively o Landscape Rehabilitation Project – $165,000
o Building/Planning expenditures including new buildings permitting software and Housing Element Update - $48,000 and $65,000
o Police Vehicles (1) - $98,000
o Public Works Vehicles, including a new garbage truck (2) – $693,000 o Equipment for Parks Maintenance - $268,000
o South County Water Project - $32,000
o Community Center Tennis Courts - $491,000
Water, Sewer, and Refuse Funds:
 The City continues to analyze its utility rates based upon a rate study that was completed in 2020. In accordance with Proposition 218, the City Council approved rate increases to occur over a 5-year period. The final rate increases approved as part of that study were implemented in February 2025. The utility rate study projected increases to water, sewer, and refuse rates during fiscal year 2024/2025 of 2%, 4%, and 4%, respectively. The City Council has directed staff to re-analyze the financial position of each Enterprise Fund each year to decide if any rate needs to be increased based upon the approved increases. During the current fiscal year, utility rates for water, sewer, and refuse increased as projected. There have been significant increases in refuse expenditures due to State mandates. Staff is tracking these increases to report to the City Council.

CAPITAL ASSETS AND DEBT ADMINISTRATION
Capital Assets – Modified Cash Basis
The City does not capitalize capital assets.

Long-Term Debt – Modified Cash Basis
At June 30, 2025, the City had $4,879,846 in long-term debt arising from modified cash basis transactions or events, compared with $5,703,413 at June 30, 2024. The following is a summary of the debt as of June 30, 2025:

Debt
Ending Balance:

June 30, 2025 Maturity Date
2011 Sewer Bonds $ October 2025 190,000
2006 Water Revenue Bonds 3,380,000 October 2032
2012 Water Revenue Bonds October 2027 775,000
Parks & Recreation loan to City and
Redevelopment Agency Due on demand 534,846
Total $ 4,879,846
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 90
Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Management’s Discussion and Analysis
15 At June 30, 2025, the City’s Private-Purpose Trust Fund (Former Ripon Redevelopment Agency) had $19,106,684 in longterm debt arising from the modified cash basis transactions or events, compared with $19,331,391 at June 30, 2024. This debt is related to redevelopment tax allocation bonds. In 2020, this debt was refinanced to take advantage of a $832,000 savings. The City Council elected to structure the bond refinancing in order to receive these savings from 2021 to 2026.

The savings from the bond refinancing will be transferred to the CalPERS 115 Trust.

ECONOMIC OUTLOOK AND MAJOR INITIATIVES
The City’s budget for the upcoming fiscal year ending June 30, 2026 is fairly consistent with the year ended June 30, 2025.

The City staffing levels for the year ending June 30, 2026 is expected to increase compared to the year ended June 30, 2025 due to the addition of a Dispatch Supervisor. The City will continue to have a temporary police officer trainee position and is reclassifying positions to the Community Service Officers Supervisor and Police Administrative Supervisor.

The City’s Redevelopment Successor Agency expects to continue to receive the $250,000 administrative allowance for administering the winding-down of the Redevelopment Agency for the upcoming fiscal years, but is projected to be reduced or eliminated in the future.

The City continues to focus on mitigating the CalPERS unfunded accrued liability associated with the sworn police officer retirement plan, which was $6,595,317 as of the June 30, 2024 CalPERS Valuation Report. During the fiscal year ending June 30, 2023, the City established a Section 115 Trust to help mitigate increases to the City’s unfunded accrued liability.

The City has transferred $1,625,758 to a Section 115 Trust that allows the City to earn interest at a higher rate than what the City typically realizes. The balance in this Trust at June 30, 2023 is $2,000,325. The use of these funds is limited to payments to CalPERS for Normal Costs or paying down the unfunded liability. These funds will be used when there is a deficit in the City’s General Fund. In addition, a $250,000 prepayment was made towards the City’s unfunded accrued liability in fiscal year ended June 30, 2018. It is important to continue to monitor CalPERS increasing rates and unfunded accrued liability.

CONTACTING THE CITY’S FINANCIAL MANAGEMENT
This report is designed to provide our citizens, taxpayers, customers, and creditors with a general overview of the City’s finances and to demonstrate the City’s accountability for the money it receives. If you have questions about this report or need additional information, please contact the City Clerk’s Office at 259 N. Wilma Avenue, Ripon, California 95366, or telephone (209) 599-2108.
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 91
Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) 16 BASIC FINANCIAL STATEMENTS
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 92
Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) 17 GOVERNMENT-WIDE FINANCIAL STATEMENTS
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 93
Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Statement of Net Position – Modified Cash Basis
The notes to the basic financial statements are an integral part of this statement. 18 Governmental Business-Type
Activities Activities Total
ASSETS
Cash and investments 33,805,203 $ 1,833,919 $ 35,639,122 $ Cash and investments - restricted 31,878,220 1,247 31,879,467 Internal balances 159,700 (159,700) -
Total assets 65,843,123 1,675,466 67,518,589

LIABILITIES
Loan due to private-purpose trust funds 534,846 - 534,846 Long-term liabilities:

Debt due within one year - 800,000 800,000
Debt due in more than one year - 3,545,000 3,545,000
Total liabilities 534,846 4,345,000 4,879,846

NET POSITION
Capital related debt - (4,345,000) (4,345,000)
Restricted for:

Public safety 196,293 - 196,293
Transit 578,284 - 578,284
Street construction and maintenance 4,129,022 - 4,129,022 Assessment districts 446,588 - 446,588
Capital projects 25,446,873 - 25,446,873
Mitigation fees 8,718,952 - 8,718,952
Low and moderate income housing 2,509,766 - 2,509,766
Debt service - 1,247 1,247
Unrestricted 23,282,499 1,674,219 24,956,718
Total net position (deficit) 65,308,277 $ (2,669,534) $ 62,638,743 $ 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 94
Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | FOR THE YEAR ENDED JUNE 30, 2025 Statement of Activities – Modified Cash Basis
The notes to the basic financial statements are an integral part of this statement. 19 Operating Capital
Charges for Grants and Grants and Governmental Business-Type Direct Indirect Total Services Contributions Contributions Activities Activities Total Functions/ProgramsGovernmental activities:

Administrative 2,106,160 $ (1,997,345) $ 108,815 $ 505,765 $ - $ 27,843 $ 424,793 $ - $ 424,793 $ Legislative 501,524 (497,382) 4,142 - - - (4,142) - (4,142) Police 8,430,991 1,564,885 9,995,876 1,486,473 197,469 - (8,311,934) - (8,311,934) Streets and public works 4,693,068 (439,556) 4,253,512 1,170,335 719,017 1,357,747 (1,006,413) - (1,006,413) Culture and recreation 2,152,726 294,349 2,447,075 857,157 - - (1,589,918) - (1,589,918) Redevelopment 214,290 - 214,290 - - - (214,290) - (214,290) Other 115,012 21,429 136,441 - 539,776 - 403,335 - 403,335 Capital outlay 3,883,371 29,022 3,912,393 47,694 - 2,866,959 (997,740) - (997,740) Total governmental activities 22,097,142 (1,024,598) 21,072,544 4,067,424 1,456,262 4,252,549 (11,296,309) - (11,296,309) Business-type activities:

Water 2,358,261 396,596 2,754,857 4,194,561 - 771,796 - 2,211,500 2,211,500 Sewer 1,054,058 195,949 1,250,007 1,965,762 - 342,520 - 1,058,275 1,058,275 Refuse 2,322,783 432,053 2,754,836 2,780,515 - 82,752 - 108,431 108,431 Total business-type activities 5,735,102 1,024,598 6,759,700 8,940,838 - 1,197,068 - 3,378,206 3,378,206 Total primary government $ - 27,832,244 $ 27,832,244 $ 13,008,262 $ 1,456,262 $ 5,449,617 $ (11,296,309) 3,378,206 (7,918,103) General revenues:

Taxes:

Property taxes - 2,880,886 2,880,886Sales and use taxes - 4,408,837 4,408,837Other 223,677 259,294 482,971 Motor vehicle in lieu - 2,114,521 2,114,521
Investment income 65,103 2,093,682 2,158,785
Miscellaneous - 665,280 665,280
Transfers (2,802,222) 2,802,222 -
Total general revenues and transfers (2,513,442) 15,224,722 12,711,280 Change in net position 3,928,413 864,764 4,793,177Net position (deficit) - beginning 61,379,864 (3,534,298) 57,845,566Net position (deficit) - ending $ (2,669,534) 65,308,277 $ 62,638,743 $ Expenses Program Revenues Net (Expense) Revenue and Changes in Net Position 2025.06.30 RIPON Financial Statements 1.3.A.d
Packet Pg. 95
Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent 20 FUND FINANCIAL STATEMENTS
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 96
Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Governmental Funds
Balance Sheet – Modified Cash Basis
The notes to the basic financial statements are an integral part of this statement. 21 Street &
Road Capital Non-Major Total
General Special Projects Special Revenue Governmental
Fund Revenue Fund Fund Funds Funds
ASSETS
Cash and investments $ 11,089,098 $ 5,726,390 $ 11,835,821 $ 5,153,894 $ 33,805,203 Cash and investments - restricted 6,431,347 25,446,873 - 31,878,220 - Due from other funds 92,920 - - - 92,920
Advance to other funds - restricted - 4,993,664 169,576 - 5,163,240 Total assets $ 22,607,029 5,726,390 $ 37,452,270 $ 5,153,894 $ 70,939,583 $

LIABILITIES
Due to other funds - $ - $ - $ 92,920 $ 92,920 $
Advances from other funds 9,876 - 4,993,664 - 5,003,540 Loan due to private-purpose trust funds - - 534,846 - 534,846 Total liabilities - 9,876 5,528,510 92,920 5,631,306

FUND BALANCES
Restricted for:

Public safety 196,293 - - - 196,293
Street construction and maintenance - - - 4,129,022 4,129,022 Assessment districts - - - 446,588 446,588
Transit - - - 578,284 578,284
Capital projects:

Culture and recreation - - 60,000 - 60,000
Special assessment districts - - 1,672,290 - 1,672,290
Sewer projects - - 3,601,352 - 3,601,352
Water projects - - 8,607,827 - 8,607,827
Refuse projects - - 694,420 - 694,420
Public facilities financing plan - - 10,779,886 - 10,779,886 Other - - 31,098 - 31,098
Mitigation fees 8,718,952 - - - 8,718,952
Low and moderate income housing 2,509,766 - - - 2,509,766 Committed to:

Street construction and maintenance - 5,726,390 - - 5,726,390 Capital projects:

General government - - 363,306 - 363,306
Culture and recreation - - 3,396,924 - 3,396,924
General capital projects - 2,716,651 - 2,716,651 -
Contingencies:

Sick leave 448,013 - - - 448,013
Retirement 2,000,325 - - 2,000,325 -
Healthcare 230,319 - - - 230,319
Liability self-insured retention 690,958 - - - 690,958
Litigation and natural disaster 568,619 - - - 568,619
Unassigned - 7,233,908 6 (92,920) 7,140,994
Total fund balances 5,726,390 22,597,153 31,923,760 5,060,974 65,308,277 Total liabilities and fund balances $ 22,607,029 5,726,390 $ 37,452,270 $ 5,153,894 $ 70,939,583 $ 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 97
Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | FOR THE YEAR ENDED JUNE 30, 2025 Governmental Funds
Statement of Revenues, Expenditures and Changes in Fund Balances – Modified Cash Basis The notes to the basic financial statements are an integral part of this statement. 22 Street &
Road Capital Non-Major Total
General Special Projects Special Revenue Governmental
Fund Revenue Fund Fund Funds Funds

REVENUES
Taxes $ 9,893,712 $ - $ - $ 49,583 $ 9,943,295
Assessments - - - 413,028 413,028
Licenses, permits and fees 3,177,123 1,116,290 - 4,293,413 - Investment income 938,870 164,013 1,064,940 211,267 2,379,090 Intergovernmental revenue 17,303 168,907 304,889 1,615,687 2,106,786 Charges for services 2,299,111 7,725 - 1,687 2,308,523
Fines and forfeitures 118,582 - - - 118,582
Housing/loan program income 527,056 - - - 527,056
Contributions 7,784 - - - 7,784
Other 36,323 51,616 - 13,240 101,179
Total revenues 17,031,157 376,968 2,486,119 2,304,492 22,198,736

EXPENDITURES
General government:

Administration 2,106,161 - - - 2,106,161
Legislative 497,382 - - - 497,382
Public safety:

Police 8,430,991 - - - 8,430,991
Streets and public works:

Streets - 633,644 98,677 117,063 849,384
Planning 297,307 - - 5,010 302,317
Engineering 510,257 - - - 510,257
Building 417,623 - - - 417,623
Culture and recreation:

Library 85,978 - - - 85,978
Parks and recreation 2,003,956 - - - 2,003,956
Community Center 62,792 - - - 62,792
Community development - - - 79,370 79,370
Special assessment districts - - - 413,190 413,190
Redevelopment 214,290 - - - 214,290
Allocation to other department costs (1,260,798) 118,060 29,022 89,091 (1,024,625) Other 115,012 - - - 115,012
Capital outlay 1,589 2,300,654 3,697,683 8,540 6,008,466 Total expenditures 13,482,540 3,052,358 3,825,382 712,264 21,072,544 Excess (deficiency) of revenues over expenditures 3,548,617 (2,675,390) (1,339,263) 1,592,228 1,126,192

OTHER FINANCING SOURCES (USES)
Operating transfers in - 3,800,028 4,544,680 71,731 8,416,439 Operating transfers out (71,731) (2,502,889) - (3,039,597) (5,614,217) Total other financing sources (uses) 3,728,297 (2,502,889) 4,544,680 (2,967,866) 2,802,222 Net change in fund balances 1,045,728 1,052,907 3,205,417 (1,375,638) 3,928,414 Fund balances - beginning 4,673,483 21,551,425 28,718,343 6,436,612 61,379,863 Fund balances - ending 22,597,153 $ 5,726,390 $ 31,923,760 $ 5,060,974 $ 65,308,277 $ 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 98
Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Proprietary Funds
Statement of Net Position – Modified Cash Basis
The notes to the basic financial statements are an integral part of this statement. 23 Sewer Water Refuse
Enterprise Enterprise Enterprise
Fund Fund Fund Total
ASSETS
Current assets:

Cash and investments $ 925,275 697,412 $ 211,232 $ 1,833,919 $ Cash and investments - restricted 1,247 - - 1,247
Total assets 697,412 926,522 211,232 1,835,166

LIABILITIES
Current liabilities:

Current portion of bonds payable 190,000 610,000 - 800,000 Noncurrent liabilities:

Advance from Capital Projects Fund 159,700 - - 159,700
Noncurrent portion of bonds payable 3,545,000 - - 3,545,000 Total liabilities 190,000 4,314,700 - 4,504,700

NET POSITION
Capital related debt (190,000) (4,155,000) - (4,345,000) Restricted for debt service 1,247 - - 1,247
Unrestricted 765,575 697,412 211,232 1,674,219
Total net position (deficit) 507,412 $ (3,388,178) $ 211,232 $ (2,669,534) $ Business-Type Activities
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 99
Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | FOR THE YEAR ENDED JUNE 30, 2025 Proprietary Funds
Statement of Revenues, Expenses and Changes in Fund Net Position – Modified Cash Basis The notes to the basic financial statements are an integral part of this statement. 24 Sewer Water Refuse
Enterprise Enterprise Enterprise
Fund Fund Fund Total
Operating revenues:

Charges for services:

Sewer usage services 1,965,762 $ - $ - $ 1,965,762 $
Water revenue - 4,194,561 - 4,194,561
Refuse revenue - - 2,780,515 2,780,515
Total operating revenues 4,194,561 1,965,762 2,780,515 8,940,838 Operating expenses:

Salaries and wages 341,750 553,478 687,480 1,582,708
Employee benefits 190,745 337,766 438,623 967,134
Professional services 121,566 111,556 7,627 240,749
Repairs and maintenance 99,545 197,039 137,576 434,160
Gas and oil 19,193 20,078 127,039 166,310
Utilities 162,972 537,355 17,628 717,955
Supplies 7,463 11,565 10,122 29,150
Conference expenses 1,432 997 1,240 3,669
Communications 3,959 63,218 8,547 75,724
Membership, dues, books, etc. 65,773 51,031 4,543 121,347 Postage 12,383 13,624 12,384 38,391
Refuse disposal - - 810,498 810,498
Other 15,412 271,785 59,476 346,673
Allocation of other department costs 195,949 396,621 432,053 1,024,623 Total operating expenses 2,566,113 1,238,142 2,754,836 6,559,091 Operating income 1,628,448 727,620 25,679 2,381,747
Nonoperating revenues (expenses):

Contributions/developer fees 771,796 342,520 82,752 1,197,068 Assessments 223,677 - - 223,677
Interest revenue 24,384 33,334 7,385 65,103
Interest expense (11,865) (188,744) - (200,609)
Total nonoperating revenues (expenses) 616,386 578,716 90,137 1,285,239 Net income before transfers 2,244,834 1,306,336 115,816 3,666,986 Operating transfers out (1,121,337) (1,565,071) (115,814) (2,802,222) Change in net position 184,999 679,763 2 864,764
Net position (deficit) - beginning (4,067,941) 322,413 211,230 (3,534,298) Net position (deficit) - ending $ (3,388,178) 507,412 $ 211,232 $ (2,669,534) $ 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 100 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Fiduciary Funds – Private Purpose Trust Fund
Statement of Fiduciary Net Position – Modified Cash Basis The notes to the basic financial statements are an integral part of this statement. 25 Successor Agency
Private Purpose
Trust Fund
ASSETS
Cash and investments $ 5,254,713
Cash and investments - restricted 1,297,266
Loan due from the City - Capital projects fund 534,846
Total assets 7,086,825

LIABILITIES
Due to County of San Joaquin 1,297,266
Long-term liabilities:

Debt due in more than one year 19,106,684
Total liabilities 20,403,950

NET POSITION
Net position (deficit) held in trust for redevelopment
dissolution and other purposes (13,317,125) $
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 101 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | FOR THE YEAR ENDED JUNE 30, 2025 Fiduciary Funds – Private Purpose Trust Fund
Statement of Changes in Fiduciary Net Position – Modified Cash Basis The notes to the basic financial statements are an integral part of this statement. 26 Successor Agency
Private Purpose
Trust Fund

ADDITIONS
Property taxes $ 1,132,213
Investment income 397,153
Total additions 1,529,366

DEDUCTIONS
General operating 259,350
Interest expense 660,300
Total deductions 919,650
Net increase (decrease) in fiduciary net position 609,716 Total net position (deficit) - beginning (13,926,841)
Total net position (deficit) - ending (13,317,125) $
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 102 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) 27 NOTES TO THE BASIC FINANCIAL STATEMENTS
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 103 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Notes to the Basic Financial Statements
28 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The financial statements of the City of Ripon, California (the City) are presented on the modified cash basis of accounting.

The modified cash basis of accounting differs from accounting principles generally accepted in the United States of America (GAAP). Generally accepted accounting principles include all relevant Governmental Accounting Standards Board (GASB) pronouncements.

A. Financial Reporting Entity
The City was incorporated on November 27, 1945, under the general laws of the State of California. The City operates under a Council-Administrator form of government consisting of five elected council members including the Mayor and a city council appointed City Administrator. The City provides the following services as authorized by its charter: public safety, sanitation, water utility, street maintenance, community development, library, parks and recreation, and general administrative services.

B. Individual Component Unit Disclosures
There are no entities which meet the Governmental Accounting Standards Board (GASB) Statement No. 14, as amended by GASB Statement No. 39 and GASB Statement No. 61 criteria for discrete disclosure within these basic financial statements.

C. Basis of Presentation
The government-wide financial statements (i.e. Statement of Net Position and Statement of Activities) display information about the primary government (the City). These statements include the financial activities of the overall City government, except for fiduciary activities. Eliminations have been made to minimize the double counting of internal activities. These statements distinguish between the governmental and business-type activities of the City. Governmental activities generally are financed through taxes, intergovernmental revenues, and other non-exchange transactions. Business-type activities are financed in whole or in part by fees charged to external parties.

The Statement of Activities presents a comparison between direct and indirect expenses and program revenues for each segment of the business-type activities of the City and for each function of the City’s governmental activities. Direct expenses are those that are specifically associated with a program or function and, therefore, are clearly identifiable to a particular function. Indirect expenses are allocated to functions based on the relativity of direct expenses by department.

Program revenues include (a) charges paid by the recipients of goods or services offered by the programs, (b) grants and contributions that are restricted to meeting the operational needs of a particular program and (c) fees, grants and contributions that are restricted to financing the acquisition or construction of capital assets. Revenues that are not classified as program revenues, including all taxes, are presented as general revenues.

Fund financial statements of the reporting entity are organized into funds, each of which is considered to be a separate accounting entity. Each fund is accounted for by providing a separate set of self-balancing accounts that constitutes its assets, liabilities, fund equity, revenues, and expenditures/expenses. Funds are organized into three major categories:
governmental, proprietary and fiduciary. An emphasis is placed on major funds within the governmental and proprietary categories. A fund is considered major if it is the primary operating fund of the City or meets the following criteria:
 Total assets, liabilities, revenues, or expenditures/expenses of that individual governmental or enterprise fund are at least 10 percent of the corresponding total for all funds of that category or type, and  Total assets, liabilities, or expenditures/expenses of the individual governmental or enterprise fund are at least 5 percent of the corresponding total for all governmental and enterprise funds combined. 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 104 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Notes to the Basic Financial Statements
29 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) C. Basis of Presentation (Continued)
The funds of the financial reporting entity are described below.

Governmental Funds
The General Fund is the primary operating fund of the City and is always classified as a major fund. It is used to account for all activities except those legally or administratively required to be accounted for in other funds.

Special Revenue Funds are used to account for the proceeds of the specified revenue sources that are either legally restricted to expenditures for specified purposes or designated to finance particular functions or activities of the City. The reporting entity includes the following special revenue fund, which is reported as a major fund.

Street and Road Fund – Accounts for revenues and expenditures for streets and roads related maintenance and construction.

Capital Projects Funds are used to account for resources restricted or designated for the acquisition or construction of specific capital projects or items. The reporting entity includes the following capital projects fund, of which is reported as a major fund.

Capital Projects Fund – Accounts for contributions and specific revenues and transfers from other City funds and expenditures for various capital projects as the City Council may designate.

Proprietary Funds
Enterprise Funds are used to account for business-like activities provided to the general public. These activities are financed primarily by user charges, and the measurement of financial activity focuses on net income measurement similar to the private sector. The reporting entity includes the following enterprise funds: water, sewer, and refuse funds; all of which qualify as major funds.

Sewer Fund – Accounts for activities associated with operating and maintaining the City’s sewer and surface drainage system. All activities necessary to provide such services are accounted for in this fund, including administration, operations, capital improvements, maintenance, financing and related debt service, and billing and collection.

Water Fund – Accounts for the provision of water services to residents of the City. All activities necessary to provide such services are accounted for in this fund, including administration, operations, capital improvements, maintenance, financing and related debt service, and billing and collection.

Refuse Fund – Accounts for the provision of refuse collection services to residents of the City. All activities necessary to provide such services are accounted for in this fund, including administration, operations, capital improvements, maintenance, financing and related debt service, and billing and collection.

Proprietary fund operating revenues, such as charges for services, result from exchange transactions associated with the principal activity of the fund. Exchange transactions are those in which each party receives and gives up essentially equal values. Non-operating revenues, such as subsidies and investment earnings, result from non-exchange transactions or ancillary activities. Contributions/developer fees are reported separately and represent capital contributions charged by the City. Operating expenses are those expenses essential to the primary operations of the fund. All other expenses are reported as non-operating expenses.
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 105 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Notes to the Basic Financial Statements
30 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) C. Basis of Presentation (Continued)
Fiduciary Funds
Fiduciary Funds are established to serve as the custodian for assets held in a trustee or agency capacity for others and, therefore, cannot be used to support the City’s own programs. The reporting entity includes one private-purpose trust fund.

Successor Agency Trust Fund – Accounts for activities related to the servicing of debt of the former Redevelopment Agency.

Measurement Focus
In the Government-Wide Statement of Net Position and Statement of Activities, both governmental and business-like activities are presented using the economic resources measurement focus, within the limitations of the modified cash basis of accounting, as defined below.

In the fund financial statements, the “current financial resources” measurement focus or the “economic resources” measurement focus, as applied to the modified cash basis of accounting, is used as appropriate:

All governmental funds utilize a “current financial resources” measurement focus. Only current financial assets and liabilities are generally included on their balance sheets. The operating statements present sources and uses of available spendable financial resources during a given period. These funds use fund balance as their measure of available spendable financial resources at the end of the period.

The proprietary fund utilizes an “economic resources” measurement focus. The accounting objectives of this measurement focus are the determination of operating income, changes in net assets (or cost recovery), and financial position. All assets and liabilities (whether current or noncurrent, financial, or nonfinancial) associated with their activities are reported. Proprietary fund equity is classified as net position.

The fiduciary fund utilizes an “economic resources” measurement focus. The accounting objectives of this measurement focus are the determination of additions, deductions, changes in net position, and financial position.

All assets and liabilities (whether current or noncurrent, financial, or nonfinancial) associated with their activities are reported. Fiduciary fund equity is classified as net position.

Basis of Accounting
In the Government-Wide Statement of Net Position and Statement of Activities, and the fund financial statements, governmental and business-like activities are presented using a modified cash basis of accounting. This is a basis of accounting other than accounting principles generally accepted in the United States of America (GAAP) as established by the Governmental Accounting Standards Board (GASB). The basis of accounting involves modification to the cash basis of accounting to report in the Statement of Net Position cash transactions that result in an obligation that covers a period greater than the period in which the cash transaction occurred. Accordingly, long-term liabilities arising from cash transactions have been reported in the Statement of Net Position. 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 106 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Notes to the Basic Financial Statements
31 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) C. Basis of Presentation (Continued)
Basis of Accounting (Continued)
This modified cash basis of accounting differs from GAAP primarily because certain assets and their related revenues (such as accounts receivable and revenue for billed or provided services not yet collected, and other accrued revenue and receivables) and certain liabilities and their related expenses or expenditures (such as accounts payable and expenses for goods or services received but not yet paid, and other accrued expenses and liabilities) are not recorded in these financial statements, with the exception of long-term liabilities arising from cash transactions. In addition, other economic assets, deferred outflows, liabilities, and deferred inflows that do not arise from a cash transaction or event (such as donated assets and postemployment benefit obligations) are not reported, and the measurement of reported assets and liabilities does not involve adjustment to fair value. Lastly, the City does not recognize its investment in capital assets in its Statement of Net Position.

If the City utilized the basis of accounting recognized as generally accepted, the fund financial statements for governmental funds would use the modified accrual basis of accounting, while the fund financial statements for proprietary and fiduciary fund types would use the accrual basis of accounting. All government-wide financials would be presented on the accrual basis of accounting.

Cash and Investments
For the purpose of financial reporting, “cash and cash investments” includes all demand and savings accounts and certificates of deposit or short-term investments with an original maturity date of three months or less. This also includes deposits with the State of California Local Agency Investment Fund (LAIF) and trust account investments in open-ended mutual fund shares.

The City has adopted GASB statement No. 72, Fair Value Measurement and Application; investments are measured at fair value on a recurring basis, when required. Recurring fair value measurements are those that GASB Statement require or permit in the statement of net position at the end of each reporting period.

Restricted cash and investments includes proceeds from the 2012 refunding water revenue bonds and the 2006 water revenue bonds which are restricted for expansion of the wastewater treatment plant, upgrade of water facilities and for repayment of bonds. Additionally, proceeds from 2020 tax allocation refunding bonds are restricted for various capital projects and for payment of bonds. Restricted cash and investments also include proceeds from grants for which the funds have not been expended.

Long-term Debt
All long-term debt arising from cash basis transactions to be repaid from governmental and business-type resources is reported as liabilities in the government-wide financial statements.

Long-term debt arising from cash basis transactions of governmental funds is not reported as liabilities in the fund financial statements. The debt proceeds are reported as other financing sources and payment of principal and interest reported as expenditures. The accounting for proprietary funds is the same in the fund financial statements as the treatment in the government-wide financial statements.
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 107 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Notes to the Basic Financial Statements
32 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) C. Basis of Presentation (Continued)
Equity Classification
Equity in the government-wide statements is classified as net position and displayed in three components:

Capital related debt – Consists of the outstanding balances of any bonds, mortgages, notes or other borrowings that are attributable to the acquisition, construction, or improvements of capital assets.

Restricted – Consists of restricted assets reduced by liabilities with restriction constraints placed on the use either by external groups such as creditors, grantors, contributors, or laws and regulations of other governments; or law through constitutional provisions or enabling legislation.

Unrestricted – Net amount of assets and liabilities that are not scheduled in the determination of net investment in capital assets on the restricted component of net position.

It is the City’s policy to first use restricted net resources prior to the use of unrestricted net resources when an expense is incurred for purposes for which both restricted and unrestricted net resources are available.

In the fund financial statements, fund balance for governmental funds is reported in classifications that comprise a hierarchy based primarily on the extent to which the City is bound to honor constraints on the specific purpose for which amounts in the funds can be spent. Fund balance is reported in five components: non-spendable, restricted, committed, assigned and unassigned.

Nonspendable – Amounts that cannot be spent because they are either not in spendable form or legally or contractually required to be maintained intact.

Restricted – Amounts constrained regarding the use from restrictions externally imposed by creditors, grantors, contributors, or laws or regulations of other governments or by restrictions imposed by law through constitutional provisions or enabling legislation.

Committed – Amounts constrained regarding use for specific purposes pursuant to requirements imposed by formal action of the City’s highest level of decision-making authority.

Assigned – Amounts constrained by the City’s intent to be used for specific purposes but are neither restricted nor committed. The authority of assigning fund balance is expressed by the City Council, City Administrator or their designee as established in the City’s Fund Balance Policy.

Unassigned – Amounts that have not been restricted, committed or assigned to specific purposes within the General Fund. The General Fund is the only fund that reports a positive unassigned fund balance amount. Other governmental funds besides the General Fund can only report a negative unassigned fund balance amount.

When both restricted and unrestricted resources are available for use, it is the City’s policy to use restricted resources first, then unrestricted resources (committed, assigned and unassigned) as they are needed. When unrestricted resources (committed, assigned and unassigned) are available for use, it is the City’s policy to use committed resources first, then assigned, and then unassigned as they are needed.

Proprietary fund equity is classified the same as in the government-wide financial statements. 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 108 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Notes to the Basic Financial Statements
33 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) C. Basis of Presentation (Continued)
Internal and Interfund Balances and Activities
In the process of aggregating the financial information for the government-wide Statement of Net Position and Statement of Activities, some amounts reported as interfund activity and balances in the fund financial statements have been eliminated or reclassified.

Interfund activity, if any, within and among the governmental, proprietary, and fiduciary fund categories is reported as follows in the fund financial statements:

Interfund loans and advances – Amounts provided with a requirement for repayment are reported as interfund receivables and payables.

Interfund services – Sales or purchases of goods and services between funds are reported as revenues and expenditures/expenses.

Interfund reimbursements – Repayments from funds responsible for certain expenditures/expenses to the funds that initially paid for them are not reported as reimbursements but as adjustments to expenditures/expenses in the respective funds.

Interfund transfers – Flow of assets from one fund to another where repayment is not expected are reported as transfers in and out.

Interfund activity and balances, if any, are eliminated or reclassified in the government-wide statements as follows:

Internal balances – Amounts reported in the fund financial statements as interfund receivables and payables are eliminated in the governmental and business-type activities columns of the Statement of Net Position, except for the net residual amounts due between governmental and business-type activities, which are reported as Internal Balances.

Internal activities – Amounts reported as interfund transfers in the fund financial statements are eliminated in the government-wide Statement of Activities except for the net amount of transfers between governmental and business-type activities. The effects of interfund services between funds, if any, are not eliminated in the Statement of Activities.

Minimum Fund Balance Policy
The City’s fiscal policy requires the City to maintain a General Fund reserve of 35% of the current year’s budgeted General Fund annual expenditures for cash flow purposes.

Use of Estimates
The preparation of financial statements in conformity with the modified cash basis of accounting described in Note 1 used by the City requires management to make estimates and assumptions that affect certain reported amounts and disclosures; accordingly, actual results could differ from those estimates. 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 109 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Notes to the Basic Financial Statements
34 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) C. Basis of Presentation (Continued)
Budgetary Accounting
The City does not adopt an appropriated budget and is not required to adopt such a budget by law. However, the City does adopt a non-appropriated budget annually which is approved by the City Council. The budget for all governmental and proprietary funds is on the cash basis of accounting.

Property Taxes
Property taxes in the State of California are administered for all local agencies at the county level, and consist of secured, unsecured, and utility tax rolls. The following is a summary of major policies and practices relating to property taxes:

Property valuations are established by the Assessor of the County of San Joaquin for the secured and unsecured property tax rolls; the utility property tax rolls are valued by the State Board of Equalization. Under the provisions of Article XIIIA of the State Constitution (Proposition 13 adopted by voters on June 6, 1978) properties are assessed at 100% of full value.

From this base of assessment, subsequent annual increases in valuation are limited to a maximum of 2%. However, increases to full value are allowed for property improvements or upon change in ownership. Personal property is excluded from these limitations and is subject to annual reappraisal.

Tax levies are limited to 1% of full value which results in a tax rate of $1.00 per $100 assessed valuation, under the provisions of Proposition 13. Tax rates for voter-approved indebtedness are excluded from this limitation.

Tax levy dates are attached annually on January 1 proceeding the fiscal year for which the taxes are levied. The fiscal year begins July 1 and ends June 30 of the following year. Taxes are levied on both real and unsecured personal property, as it exists at that time. Liens against real estate, as well as the tax on personal property, are not relieved by subsequent renewal or change in ownership.

Tax collections are the responsibility of the county tax collector. Taxes and assessments on secured and utility rolls, which constitute a lien against the property, may be paid in two installments. The first is due on November 1 of the fiscal year and is delinquent if not paid by December 10. The second is due on March 1 of the fiscal year and is delinquent if not paid by April 10. Unsecured personal property taxes do not constitute a lien against real property unless the taxes become delinquent. Payment must be made in one installment, which is delinquent if not paid by August 31 of the fiscal year.

Significant penalties are imposed by the county for late payments.

The County of San Joaquin levies bills and collects property taxes and special assessments for the City. Property taxes levied are recorded as revenue when received, in the fiscal year of the levy, due to the adoption of the “alternate method of property tax distribution”, known as the Teeter Plan, by the City of Ripon and the County of San Joaquin. The Teeter Plan authorizes the Auditor/Controller of the County of San Joaquin to allocate 100 percent of the secured property taxes billed, but not yet paid. The County of San Joaquin remits tax monies to the City in three installments as follows:
50 percent remitted in December
45 percent remitted in April
5 percent remitted in June
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 110 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Notes to the Basic Financial Statements
35 NOTE 2 – CASH AND INVESTMENTS
Cash and investments as of June 30, 2025 were classified in the accompanying financial statements as follows:

Statement of Net Position:

Governmental and proprietary funds:

Cash and investments 35,639,122 $
Cash and investments - restricted 31,879,467
Total governmental and proprietary funds 67,518,589
Fiduciary funds:

Cash and investments 5,254,713
Cash and investments - restricted 1,297,266
Total fiduciary funds 6,551,979
Total cash and investments 74,070,568 $
Cash and investments as of June 30, 2025 consisted of the following:

Cash on hand $ 1,300
Deposits with financial institutions 270,756
Investments 73,798,512
Total cash and investments $ 74,070,568
The City maintains a cash and investment pool that is available for use by all funds. Each fund type’s portion of this pool is displayed on the Statement of Net Position and Balance Sheet as “cash and investments”. California statutes authorize cities to invest idle or surplus funds in a variety of credit instruments as provided for in the California Government Code Section 53600.

The carrying amounts of the City’s cash deposits totaled $270,756 at June 30, 2025. Bank balances were $222,534, the total amount of which was insured and/or collateralized with securities held by the pledging financial institutions in the City’s name.

The Government Code and the City of Ripon Investment Policy allow investments in the following instruments:

Maximum Authorized Required
Maturity Limit % Rating
Local Agency Bonds 5 years None None
U.S. Treasury Bills, Notes or Bonds 5 years None None
State Registered Warrants, Notes or Bonds 5 years None None Notes and Bonds of Other Local California Agencies 5 years None None U.S. Agencies 5 years None None
Bankers Acceptances 180 days 40% None
Prime Commercial Paper 270 days 15% or 30% A1/P1
Negotiable Certificates of Deposit 5 years 30% None
Repurchase and Reverse Purchase Agreements 1 yr/92 days None/20% None Medium Term Corporate Notes 5 years 30% A
Money Market Mutual Funds 5 years 15% 2-AAA
Collateralized Bank Deposits 5 years None None
Mortgage Pass-Through Securities 5 years 20% AA
Local Agency Investment Fund (LAIF) N/A None None
County Pooled Investment Funds N/A None None
Supranational Obligations 5 years 30% AA
Funds Held Under the Terms of a Trust Indenture
Indenture or Other Contract * * *
* Such funds may be invested according to the provisions of those indentures or agreements.

Investment Type
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 111 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Notes to the Basic Financial Statements
36 NOTE 2 – CASH AND INVESTMENTS (Continued)
A. Disclosures Relating to Interest Rate Risk
Interest rate risk is the risk that changes in market interest rates will adversely affect the fair value of an investment.

Generally, the longer the maturity of an investment, the greater the sensitivity of its fair value to changes in market interest rates. One of the ways that the City manages its exposure to interest rate risk is by purchasing a combination of shorter term and longer-term investments and by timing cash flows from maturities as necessary to provide the cash flow and liquidity needed for operations.

Information about the sensitivity of the fair values of the City’s investments (including investments held by bond trustee) to market interest rate fluctuations is provided by the following table that shows the distribution of the City’s investments by maturity:

Total 12 Months
Cost Fair Value or Less
LAIF $ 400,320 $ 400,800 $ 400,800
CSJVRMA Pool 23,128,501 23,613,513 23,613,513
CAMP Term Investments 48,430,236 48,430,241 48,430,241
US Bank - Section 115 Trust 1,838,208 1,838,208 1,838,208 Held by Bond Trustees:

Money Market Funds 1,247 1,247 1,247
Total investments 73,798,512 $ 74,284,008 $ 74,284,008 $ Investment Type
B. Disclosures Relating to Credit Risk
Generally, credit risk is the risk that an issuer of an investment will not fulfill its obligation to the holder of the investment.

This is measured by the assignment of a rating by a nationally recognized statistical rating organization. Presented below is the minimum rating required by (where applicable) the California Government Code, the City’s investment policy, or debt agreements, and the actual rating as of fiscal year-end for each investment type.

Minimum
Fair Legal
Amount Value Rating Not Rated
LAIF $ 400,320 $ 400,800 N/A $ 400,800
CSJVRMA Pool 23,128,501 23,613,513 * N/A 23,613,513
CAMP Term Investments 48,430,236 48,430,241 ** N/A 48,430,241 US Bank - Section 115 Trust 1,838,208 1,838,208 N/A 1,838,208 Held by Bond Trustees:

Money Market Funds 1,247 1,247 N/A 1,247
Total investments 73,798,512 $ 74,284,008 $ N/A $ 74,284,008 * Average rating of portfolio AA/Aa1
** Average rating of portfolio AAAf
Investment Type
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 112 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Notes to the Basic Financial Statements
37 NOTE 2 – CASH AND INVESTMENTS (Continued)
C. Concentration of Credit Risk
The investment policy of the City contains limitations on the amount that can be invested in certain types of investments.

The City’s investments are concentrated in external investment pools which are not subject to investment limits.

Custodial credit risk for deposits is the risk that, in the event of failure of a depository financial institution, a government will not be able to recover its deposit or will not be able to recover collateral securities that are in the possession of an outside party. The custodial credit risk for investments is the risk that, in the event of failure of the counterparty (e.g., broker-dealer) to a transaction, a government will not be able to recover the value of its investment or collateral securities that are in the possession of another party. The California Government Code and the City’s investment policy do not contain legal or policy requirements that would limit the exposure to custodial risk for deposits or investments, other than the following provisions for deposits. The California Government Code requires that a financial institution secure deposits made by state or local governmental units by pledging securities in an undivided collateral pool held by a depository regulated under state law (unless so waived by the governmental unit). The market value of the pledged securities in the collateral pool must equal at least 110% of the total amount deposited by the public agencies. California law also allows financial institutions to secure City deposits by pledging first trust deed mortgage notes having a value of 150% of the secured public deposits.

As of June 30, 2025, none of the City’s deposits with financial institutions were in excess of federal depository insurance limits.

D. Investment in State Investment Pool
Although the City did not participate in any securities lending transactions or enter into any reverse repurchase agreements during the year, the City does have an investment in the California Local Agency Investment Fund (LAIF) with fair value in the amount of $400,800. The total amount invested by all public agencies in the LAIF is $24,489,667,095. The Local Investment Advisory Board (Board) has oversight responsibility for the LAIF. The Board consists of five members as designated by state statute. The value of the pool shares in the LAIF, which may be withdrawn, is determined on an amortized cost basis, which is different than the fair value of the City’s portion in the pool. Included in the LAIF’s Investment Portfolio are United States Treasury and federal agency securities, International Bank for Reconstruction and Development federal agency floating rate debentures, bank notes, certificates of deposit, commercial paper, corporate floaters and bonds, time deposits, and California Assembly Bill 55 and State of California General Fund loans. Participant’s equity in the LAIF is determined by the dollar amount at the participant’s deposits, adjusted for withdrawals and distributed investment income. Accordingly, LAIF is not an investment type that can be categorized in any particular level in the fair value hierarchy. The State Treasurer’s investment policy for the LAIF and separately issued financial statements for the LAIF are available at https://www.treasurer.ca.gov/pmia-laif/pmia/index.asp E. Central San Joaquin Valley Risk Management Authority Pool The City maintains an investment of $23,128,501 in the Central San Joaquin Valley Risk Management Authority (CSJVRMA) Pool as of June 30, 2025. The total amount invested by all participants in the pool is $129,083,599. The value of the pool shares which may be withdrawn is determined on an amortized cost basis, which is different than the fair value of the City’s portion in the pool. The fair value of the City’s share of the pool is determined monthly and is $23,613,513 as of June 30, 2025. As the investment in CSJVRMA is presented at amortized costs, they are not an investment type that can be categorized in any level in the fair value hierarchy. The pool is not registered with the Securities Exchange Commission; however, it is managed by a registered investment advisor. Participation in the pool is voluntary. The pool’s average maturity is 2.14 years, and the average rating is AA/Aa1. The pool consists of 49% Securities of U.S. Government Agencies, 26% U.S. Corporate Obligations and 25% other. The pool complies with the City’s investment policy. 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 113 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Notes to the Basic Financial Statements
38 NOTE 2 – CASH AND INVESTMENTS (Continued)
F. US Bank – Section 115 Trust
The City maintains a total investment of $1,838,208 in the US Bank Section 115 trust (115 Trust). The investment in the 115 Trust consists of mutual funds, index funds, money market funds and cash holdings for which identical assets are not found within active markets. These investments have been classified as level 2 within the fair value hierarchy.

G. Investment in California Asset Management Program
The City maintains a total investment of $48,430,236 in the California Asset Management Program (CAMP) as of June 30, 2025. CAMP is a California Joint Powers Authority established in 1989 to provide California public agencies with professional investment services. The City’s investment in CAMP Term offerings include fixed-term, fixed rate of returns based on a pool of open-market securities, such as mutual funds, index funds, money market funds and cash holdings. As a result, these investments have been classified as level 2 within the fair value hierarchy.

NOTE 3 – INTERFUND TRANSACTIONS
A. Transfers Between Funds
Resources may be transferred from one City fund to another with Council approval. Transfers between funds during the year ended June 30, 2025 were as follows:

Transfers In Transfers Out
Major Governmental Funds:

General Fund - $ 2,502,889 $
Street and Road Special Revenue Fund 3,800,028 71,731
Capital Projects Fund 4,544,680 -
Major Proprietary Funds:

Sewer Enterprise - 1,121,337
Water Enterprise - 1,565,071
Refuse Enterprise - 115,814
Non-Major Special Revenue Funds:
2103 Fund - 157,026
2105 Fund - 102,033
2106 Fund - 70,281
2107 Fund - 908,348
2107.5 Fund - 4,110
SB1 Street & Road Tax Fund - 1,420,551
COG/LTF Fund - 333,493
STA/Bus Fund - 43,755
Dutch Meadows Fund 13,688 -
Country Woods Fund 10,275 -
Farmland Estates Fund 5,421 -
Boesch/Kingery Assessment Fund 813 -
Main Street Landscape Fund 40,518 -
Alexandra Landscape Fund 1,016 -
Total interfund transfers 8,416,439 $ 8,416,439 $
Fund
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 114 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Notes to the Basic Financial Statements
39 NOTE 3 – INTERFUND TRANSACTIONS (Continued)
A. Transfers Between Funds (Continued)
The City uses interfund transfers to:
 Transfer unrestricted revenues collected in the General Fund to help finance various programs and capital projects accounted for in other funds.
 Transfer unrestricted revenues collected in the General Fund to help cover excess expenditures over revenues accounted for in other funds.
 Fund operations (move revenues from the funds that collect them to the funds that statute or budget requires to expend them)
 Fund interdepartmental cost reimbursement
 Fund capital projects
The effect of the interfund activity has been eliminated from the government-wide financial statements.

B. Internal Balances
Advances To/From Other Funds
During the year ended June 30, 2014, the City Council passed a resolution authorizing the installation of water meters on all water customer connections known as the Water Meter Implementation Program. This resolution called for the recovery of costs related to the installation project over the period of ten years through an additional charge to customers known as a “Water Meter Surcharge” fee. To pay for the cost of the project, City Council authorized expenditures from the Capital Projects Fund with the understanding, and legal requirement, that the Water Enterprise Fund will reimburse the expenditures incurred by the Capital Projects Fund from the revenues received from the newly implement Water Meter Surcharge fee. The City anticipates collections from this revenue source to be approximately $193,000 in each fiscal year. During the year ended June 30, 2025 the Water Enterprise Fund collected approximately $89,764 in water meter surcharges which was subsequently paid back to the capital projects fund. As of June 30, 2025, the balance owed from the Water Enterprise Fund to the Capital Projects Fund was $159,700.

During the year ended June 30, 2020, the City Council passed a resolution authorizing an agreement with a local business in which the City would pay for certain capital improvements to a City owned recreation facility which would then be rented by the business. These capital expenditures were paid for by the Capital Projects Fund on behalf of the General Fund with the expectation that these costs would be recovered over a ten-year period through rent proceeds received from the tenant. During the year ended June 30, 2025, the General Fund collected $120,147 in facilities rent which was subsequently paid back to the Capital Projects Fund. As of June 30, 2025 the balance owed from the General Fund to the Capital Projects fund was $9,876.

During the year ended June 30, 2023, the City Council passed a resolution authorizing an advance between the General Fund and the Capital Project Fund for the purposes of capital needs related to future planned capital projects (Corporation Yard Project). Total funds advanced from the General Fund to the Capital Project fund for this advance totaled $5,687,300 and accrue simple interest at a rate of 1%. The loan is expected to be repaid with eligible developer fees collected by the Capital Project Fund. During the year end June 30, 2025, the General Fund collected $175,923, which was paid back from the Capital Projects Fund. As of June 30, 2025 the total advance related to this agreement was $4,993,664.
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 115 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Notes to the Basic Financial Statements
40 NOTE 4 – LOAN DUE TO PRIVATE-PURPOSE TRUST FUND
In 2011, the City entered into a loan agreement between the Redevelopment Agency and the City of Ripon (the City). As of February 1, 2012, the Redevelopment Agency was dissolved, and the assets and activities of the Redevelopment Agency were transferred to a private-purpose trust fund (Successor Agency Trust).

Under the agreement, the City shall repay the Redevelopment Agency, the principal sum of up to five million dollars ($5,000,000) and pay interest on the outstanding balance of said sum at the rate of 0.4625% (the LAIF rate as of December 2010) for the first year. Thereafter, at the end of each calendar year, the interest rate may be reset according to the December LAIF rate (4.62% at December 2024). A minimum of fifty percent (50%) of all development impact (PFFP) paid in connection with building activity of the City for the same calendar year shall be applied towards the loan. Only after the interest accrued for that calendar year has been paid, shall the outstanding balance be reduced. The full payment of principal and interest outstanding was due as of February 1, 2016; however, the City has only partially repaid the total balance owed and continues to work with the Department of Finance to settle the liability.

NOTE 5 – LONG-TERM DEBT
The City incurs long-term debt to finance projects or purchase assets which will have useful lives equal to or greater than the related debt.

In governmental fund types, debt discounts and issuance costs are recognized in the current period. Debt discounts and issuance costs incurred by proprietary fund types have also been recorded in the period incurred in accordance with the modified cash basis of accounting.

A. Current Year Transactions and Balances
The City’s debt issues and transactions are summarized below and discussed in further detail thereafter.

Original Balance Balance Current
Amount June 30, 2024 Additions Reductions June 30, 2025 Year Business-Type Activities
2011 Refunding Revenue
Bonds (Sewer) 2,195,000 $ 375,000 $ - $ 185,000 $ 190,000 $ 190,000 $ 2006 Revenue Bonds
(Water) 7,845,000 3,725,000 - 345,000 3,380,000 360,000 2012 Refunding Revenue
Bonds (Water) 3,350,000 1,020,000 - 245,000 775,000 250,000 Total 13,390,000 $ 5,120,000 $ - $ 775,000 $ 4,345,000 $ 800,000 $ B. Revenue Bonds
Enterprise fund long-term debt outstanding as of June 30, 2025 consisted of the following:

In 2011, the City entered into an Installment Purchase Agreement with Bank of America Leasing to refund the City’s portion of the California Statewide Communities Development Authority Water and Wastewater Revenue Bonds (Pooled Financing Program) Series 1999A. The original borrowing was $2,195,000. The bonds are secured by a pledge of net revenues of the Sewer Enterprise Fund. The Sewer Enterprise Fund is required to establish user fees and rates that will yield net revenues equal to at least 1.2 times the annual debt service. Principal payments are due annually on October 1.

Interest payments are payable semi-annually on April 1 and October 1. In the event the City fails to make prompt payment, the Trustee may declare the entire unpaid balance immediately due. 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 116 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Notes to the Basic Financial Statements
41 NOTE 5 – LONG-TERM DEBT (Continued)
B. Revenue Bonds (Continued)
In August 2006, the City issued $7,845,000 California Statewide Communities Development Authority Water Revenue Bonds Series 2006C. The bonds are secured by a pledge of net revenues of the Water Enterprise Fund. The Water Enterprise Fund is required to establish user fees and rates that will yield net revenues equal to at least 1.2 times the annual debt service. Principal payments are due annually on October 1. Interest payments are payable semi-annually on April 1 and October 1. In the event the City fails to make prompt payment, the Trustee may declare the entire unpaid balance immediately due.

In September 2012, the City entered into an agreement with Union Bank, N.A. to refund the City’s portion of the California Statewide Community Development Authority Water and Wastewater Revenue Bonds (Pooled Financing Agreement) Series 2002A. The original borrowing was $3,350,000. The bonds are secured by a pledge of net revenues of the Water Enterprise Fund. The Water Enterprise Fund is required to establish user fees and rates that will yield net revenues equal to at least 1.2 times the annual debt service. Principal payments are due annually on October 1. Interest payments are payable semi-annually on April 1 and October 1. In the event the City fails to make prompt payment, the Trustee may declare the entire unpaid balance immediately due.

All debts recorded by the City have been evaluated and are neither direct financing nor direct borrowings, under GASB 88.

Debt Outstanding as of June 30, 2025 consisted of the following:

Interest Amounts
Rate Maturity Date Issued Outstanding
Business-Type Activities
Enterprise Fund Bonds
2011 Refunding Wastewater Revenue
Bonds (Sewer):

Term Bonds 4.20% October 1, 2025 2,195,000 $ 190,000 $
2006 Revenue Bonds (Water):

Term Bonds 4.50% October 1, 2027 2,120,000 1,430,000
Term Bonds 4.50% October 1, 2032 1,950,000 2,250,000
Subtotal 4,370,000 3,380,000
2012 Refunding Revenue Bonds (Water):

Serial Bonds 2.00%-3.375% October 1, 2027 3,350,000 775,000 Total 9,915,000 $ 4,345,000 $
Annual future debt service requirements are shown below for all long-term debt:

For the Years
Ending June 30 Principal Interest
2026 $ 800,000 $ 177,390
2027 635,000 149,069
2028 660,000 123,497
2029 410,000 101,250
2030 430,000 82,800
2031-2032 128,700 1,410,000
Total 4,345,000 $ 762,706 $
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 117 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Notes to the Basic Financial Statements
42 NOTE 6 – DEFICIT NET POSITION AND FUND BALANCES
A. Fund Balance and Net Position Deficits
Major Funds
The Water Enterprise Fund had a net position deficit of $3,388,178 at June 30, 2025. This deficit is due to debt financing and is expected to be offset in the future from the receipts of revenues from charges for services and construction permits and the repayment of said debt.

The Successor Agency Private Purpose Trust Fund had a net deficit of $13,317,125 at June 30, 2025. This deficit is due to 2020 Tax Allocation Refunding Bonds and is expected to be offset in the future from repayment of debt.

As of June 30, 2025, the business type activities had a deficit of $2,669,534. The deficit is due to capital-related debt attributed to the 2006 and 2012 Water Bonds Payable.

NOTE 7 – EMPLOYEE RETIREMENT SYSTEMS
A. Defined Contribution Plan
The City provides pension benefits for all of its permanent full-time employees, who completed six consecutive months of employment, through the City of Ripon Money Purchase Thrift Pension Plan (the Contribution Plan), a defined contribution plan, with the exception of public safety officers. On April 4, 1990, the public safety officers elected to participate in the California Public Employees Retirement System. In a defined contribution plan, benefits depend solely on amounts contributed to the plan plus investment earnings. As of June 30, 2025, there were 81 plan members. The Contribution Plan provisions, and contribution requirements are established and may be amended by the City Council.

The City contributes 10% of the total compensation of all participants who agree to contribute 5% of their compensation to the plan. The City entered into a Memorandum of Understanding with the Union representing its employees which requires the City to “pick up” the 5% employee contribution. All such contributions are designated as employee contributions and are fully vested. The Contribution Plan also allows additional employee contributions up to 6.6% of annual compensation, and the City will match such contributions at a 50% rate up to 3.3% of the qualified employee’s annual compensation.

The trust agreement provides that each participant directs the investments held in his/her individual account.

Participants are immediately vested in their contributions plus actual earnings thereon. The City’s contributions for each employee and interest allocated to the employee’s account are fully vested after six years of continuous service. City contributions for, and interest forfeited by, employees who leave employment before six years of service are redistributed to all participants based on salary and vesting levels with the exception of the additional contributions up to

6.6% of annual compensation referenced above, which are immediately fully vested.

The City’s contributions were calculated using the base salary amount of $5,031,007 for employees participating in the City’s defined contribution plan. The total employee and employer contributions for the year ended June 30, 2025 were $510,983 and $632,818 respectively. The employee and employer contributions represented 10.16% and 12.58% of covered payroll, respectively.

The Contribution Plan’s investments are reported at fair value in the separately issued plan financial statements. The methods used to measure fair value may produce an amount that may not be indicative of net realizable value or reflective future fair values. Furthermore, although the Contribution Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date. 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 118 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Notes to the Basic Financial Statements
43 NOTE 7 – EMPLOYEE RETIREMENT SYSTEMS (Continued)
A. Defined Contribution Plan (Continued)
The fair value measurement accounting literature establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. This hierarchy consists of three broad levels: Level 1 inputs consist of unadjusted quoted prices in active markets for identical assets and have the highest priority; Level 2 inputs are from other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly; and Level 3 inputs are unobservable and have the lowest priority. The Contribution Plan uses appropriate valuation techniques based on the available inputs to measure the fair value of its investments. When available, the Contribution Plan measures fair value using Level 1 inputs because they generally provide the most reliable evidence of fair value. Level 3 inputs were used only when Level 1 or Level 2 inputs were not available.

The following table sets forth, by level within the fair value hierarchy, the Plan’s investments at fair value as of June 30, 2025:

Level 1 Level 2 Level 3 Total
U.S. Government Securities $ 726,833 - $ - $ 726,833 $
Mutual Funds 12,879,035 - - 12,879,035
Common and Preferred stock 1,914,048 - - 1,914,048
Total - $ 15,519,916 $ - $ 15,519,916 $
Assets at Fair Value as of June 30, 2025
B. California Public Employees Retirement System
Plan Descriptions
All public safety officers are eligible to participate in the City’s Safety Employee Pension Plan (the Plan), a cost-sharing multiple employer defined benefit pension plan administered by the California Public Employees’ Retirement System (CalPERS). Benefit provisions under the plan are established by State statute and City resolution. CalPERS issues publicly available reports that include a full description of the pension plans regarding benefit provisions, assumptions and membership information that can be found on the CalPERS website.

Benefits Provided
CalPERS provides service retirement and disability benefits, annual cost of living adjustments and death benefits to plan members, who must be public employees and beneficiaries. Benefits are based on years of credited service, equal to one year of full-time employment. Members with five years of total service are eligible to retire at age 50 with statutorily reduced benefits. All members are eligible for non-duty disability benefits after 10 years of service. The death benefit is one of the following: the Basic Death Benefit, the 1957 Survivor Benefit, or the Optional Settlement 2W Death Benefit.

The cost-of-living adjustments for each plan are applied as specified by the Public Employees’ Retirement Law. 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 119 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Notes to the Basic Financial Statements
44 NOTE 7 – EMPLOYEE RETIREMENT SYSTEMS (Continued)
B. California Public Employees Retirement System (Continued) Benefits Provided (Continued)
The Plans’ provisions and benefits in effect at June 30, 2025 are summarized as follows:

Prior to January 1, 2012 through On or after
Hire date January 1, 2012 December 31, 2012 January 1, 2013 Benefit formula 3% @ 50 3% @ 55 2.7% @ 57
Benefit vesting schedule 5 years service 5 years service 5 years service Benefit payments monthly for life monthly for life monthly for life Retirement age 50 50 - 55 50 - 57
Monthly benefits, as a % of eligible compensation 3.000% 2.400% to 3.000% 2.000% to 2.700% Required employee contribution rates 9.000% 9.000% 13.750% Required employer contribution rates 25.860% 23.000% 13.760% Safety
Contributions
Section 20814c of the California Public Employees’ Retirement Law requires that the employer contribution rates for all public employers be determined on an annual basis by the actuary and shall be effective on the July 1 following notice of a change in the rate. Funding contributions for both Plans are determined annually on an actuarial basis as of June 30 by CalPERS. The actuarially determined rate is the estimated amount necessary to finance the costs of benefits earned by employees during the year, with an additional amount to finance any unfunded accrued liability. The City is required to contribute the difference between the actuarially determined rate and the contribution rate of employees.

For the year ended June 30, 2025, the contributions recognized as part of pension expense totaled $921,808.

NOTE 8 – DEFERRED COMPENSATION PLAN AND TRUST
The City offers its employees a deferred compensation plan created in accordance with Internal Revenue Code Section 457. The Plan, available to all City employees, permits them to defer a portion of their salary until future years. The deferred compensation is not available to employees until termination, retirement, death, or unforeseeable emergency.

All amounts of compensation deferred under the plan, all property and rights purchased with those amounts, and all income attributable to those amounts, property, or rights (until paid or made available to the employee or other beneficiary) are solely the property and rights of the employees. Accordingly, the plan/trust assets have been excluded from the City’s reported assets.

NOTE 9 – RISK MANAGEMENT
The City is exposed to various risks of loss related to torts, errors and omissions and injuries to employees. The City participates in a pooled liability program for general liability and workers compensation through the Central San Joaquin Valley Risk Management Authority (the Authority). The pooled liability program is an insurance pool provided through the deposits of approximately 58 member cities. The Authority is not an insurance company and does not charge a premium for coverage. Audited financial statements are available from the Central San Joaquin Valley Risk Management Authority at 1750 Creekside Oaks Drive, Suite, 200, Sacramento, CA 95833. 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 120 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Notes to the Basic Financial Statements
45 NOTE 9 – RISK MANAGEMENT (Continued)
A. General Liability
The liability coverage provided by the Authority is completely self-insured by its member cities and all losses and related costs are shared among the other member cities in the pool above the City’s retained limit of $50,000 for the fiscal year ended June 30, 2025. The Authority determines the amount of risk each member city brings to the pool and calculates a relative risk distribution factor. As part of the retrospective adjustment process, at the time the respective program year is closed, any surplus will be refunded to the City and net deficits will be billed to the City. The City financial statements are prepared on the modified cash basis of accounting and, accordingly, a liability for net fund deficits, if any, on open program years have not been recorded. Disbursements to the Authority for general liability coverage during the year ended June 30, 2025 were $517,718.

B. Workers’ Compensation
The workers’ compensation coverage is provided by the Authority through a pooling feature which requires the member cities to self-insure a portion of each claim. Sharing of the risk is accomplished by forming pooled layers above the member city’s retained limit of $50,000 for the fiscal year ended June 30, 2025. As part of the retrospective adjustment process, at the time the respective program year is closed any surplus will be refunded to the City and net deficits will be billed to the City. The Pooled Workers’ Compensation Program participates in Local Agency Workers’ Compensation Joint Powers Authority (LAWCX).

Members of LAWCX risk share the layer between $2,000,000 and $5,000,000 (most recent information). Effective July 1, 2003, LAWCX joined the California State Association of Counties Excess Insurance Authority (CSAC EIA), a joint powers authority comprised of a number of individual public entities and other joint power authorities. CSAC EIA provides coverage above $5,000,000. The City’s financial statements are prepared on the modified cash basis of accounting and, accordingly, a liability for net fund deficits, if any, on open program years have not been recorded. Disbursements to the Authority for workers’ compensation coverage during the year ended June 30, 2025 were $699,264.

NOTE 10 – CONTINGENCIES
A. Grant Program Involvement
In the normal course of operations, the City participates in various federal or state grant/loan programs from year to year.

The grant/loan programs are often subject to additional audits by agents of the granting or loaning agency, the purpose of which is to ensure compliance with the specific conditions of the grant or loan. Any liability or reimbursement that may arise as a result of these audits cannot be reasonably determined at this time, although it is believed the amount, if any, would not be material.

B. General Liability
The City is subject to litigation arising from the normal course of business. In the opinion of the City attorney there is no pending litigation which is likely to have a material adverse effect on the financial position of the City. 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 121 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Notes to the Basic Financial Statements
46 NOTE 11 – REVENUE LIMITATIONS IMPOSED BY CALIFORNIA PROPOSITION 218 Proposition 218, which was approved by the voters in November 1996, regulates the City’s ability to impose, increase, and extend taxes, assessments and fees. Any new increased or extended taxes, assessments and fees subject to the provisions of Proposition 218 require voter approval before they can be implemented. Additionally, Proposition 218 provides that these taxes, assessments and fees are subject to the voter initiative process and may be rescinded in the future years by the voters.

NOTE 12 – SUCCESSOR AGENCY TRUST FOR ASSETS OF FORMER REDEVELOPMENT AGENCY On December 29, 2011, the California Supreme Court upheld Assembly Bill 1X 26 (the Bill) that provides for the dissolution of all redevelopment agencies in the State of California. This action impacted the reporting entity of the City of Ripon that previously had reported a redevelopment agency within the reporting entity of the City as a blended component unit.

The Bill provides that upon dissolution of a redevelopment agency, either the city or another unit of local government will agree to serve as the “successor agency” to hold the assets until they are distributed to other units of state and local governments. On January 17, 2012, the City Council elected to become the Successor Agency for the former redevelopment agency in accordance with the Bill as part of City Resolution Number 12-7.

After enactment of the law, which occurred on June 28, 2011, redevelopment agencies in the State of California cannot enter into new projects, obligations or commitments. Subject to the control of a newly established oversight board, remaining assets can only be used to pay enforceable obligations in existence at the date of dissolution (including the completion of any unfinished projects that were subject to legally enforceable contractual commitments).

In future fiscal years, successor agencies will only be allocated revenue in the amount that is necessary to pay the estimated annual installment payments on enforceable obligations of the former redevelopment agency until all enforceable obligations of the prior redevelopment agency have been paid in full and all assets have been liquidated.

The Bill directs the State Controller of the State of California to review the propriety of any transfers of assets between redevelopment agencies and other public bodies that occurred after January 1, 2011. If the public body that received such transfers is not contractually committed to a third party for the expenditure or encumbrance of those assets, the State Controller is required to order the available assets to be transferred to the public body designated as the successor agency by the Bill.

In accordance with the timeline set forth in the Bill (as modified by the California Supreme Court on December 29, 2011) all redevelopment agencies in the State of California were dissolved and ceased to operate as a legal entity as of February 1, 2012.

After the date of dissolution, the assets and activities of the dissolved redevelopment agency are reported as fiduciary funds (private-purpose trust funds) in the financial statements of the City.

In addition, the former Ripon Redevelopment Agency transferred all housing rights, powers, assets, liabilities, duties and obligations to the Housing Authority of the County of San Joaquin by operation of law, on February 1, 2012. The Housing Authority has chosen not to take any action on this transfer because it does not believe it is obligated to accept the housing functions previously performed by the former Ripon Redevelopment Agency. The City’s position on this issue is not a position of settled law and there is uncertainty regarding this issue. It is reasonably possible that a legal determination may be made at a later date by an appropriate judicial authority that would resolve this issue. Currently the remaining housing assets and loan portfolios are currently administered by the City of Ripon until a final resolution is determined. The activity of the housing assets of the former Ripon Redevelopment Agency are also reported as Fiduciary Funds (private-purpose trust funds) in the financial statements of the City. 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 122 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Notes to the Basic Financial Statements
47 NOTE 12 – SUCCESSOR AGENCY TRUST FOR ASSETS OF FORMER REDEVELOPMENT AGENCY (Continued) A. Long-Term Debt
The Successor Agency’s debt issues and transactions are summarized below and discussed in detail thereafter:

Original Balance Balance
Amount June 30, 2024 Additions Reductions June 30, 2025 Current Fiduciary Fund
Former Redevelopment
Agency of the City of Ripon
2020 Tax Allocation
Refunding Bonds 16,560,000 $ 16,560,000 $ - $ - $ 16,560,000 $ - $ Premiums 3,595,317 2,771,391 - 224,707 2,546,684 -
Total 20,155,317 $ 19,331,391 $ - $ 224,707 $ 19,106,684 $ - $ B. Tax Allocation Bonds
In 2020, the Successor Agency to the Former Redevelopment Agency of the City of Ripon issued Tax allocation Refunding Bonds in the amount of $16,560,000 to refund the 2003, 2005, and 2007 series Tax Allocation Bonds previously issued by the Former Redevelopment Agency. This was done to take advantage of lower interest rates and to save on future debt service payments. Total debt service payments were reduced by $3,339,938. As a result, the 2003, 2005, and 2007 series Tax Allocation Bonds are considered fully defeased as of June 30, 2020. The 2020 bonds mature beginning on November 1, 2025 through 2036 and include variable rates of interest from 3%-4%. Those bonds maturing on or before November 1, 2030 are not subject to optional redemption prior to maturity and those maturing after November 1, 2030 are subject to redemption at the option of the Successor Agency on any date on or after November 1, 2030. Payments on the bonds are due biannually on May 1 and November 1 beginning on May 1, 2021. There is a provision whereby if the Successor Agency is unable to make payment or does not comply with bond covenants the Trustee may and shall at the written direction of the Owners of not less than a majority in aggregate principal amount of bonds at that time outstanding, declare the principal of all bonds outstanding and the accrued interest thereon to be due and payable immediately. The 2020 Tax Allocation Refunding Bonds are secured by a pledge of Tax Revenues derived from the Project Area and moneys in certain funds held under the bond indenture.

Fiduciary Fund debt outstanding as of June 30, 2025 consisted of the following:

Interest Rate Maturity Date Amounts Issued Outstanding
Former Redevelopment
Agency of the City of Ripon
2020 Tax Allocation Bonds
Serial Bonds 3.00% Nov. 1, 2025 $ 210,000 210,000 $
Term Bonds 4.00% Nov. 1, 2036 16,350,000 16,350,000
Total $ 16,560,000 16,560,000 $
Fiduciary Fund
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 123 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Notes to the Basic Financial Statements
48 NOTE 12 – SUCCESSOR AGENCY TRUST FOR ASSETS OF FORMER REDEVELOPMENT AGENCY (Continued) B. Tax Allocation Bonds (Continued)
Annual debt service requirements are shown below for fiduciary fund long-term debt:

For the Years
Ending June 30 Principal Interest
2026 $ 210,000 $ 657,150
2027 880,000 636,400
2028 1,340,000 592,000
2029 1,395,000 537,300
2030 1,455,000 480,300
2031-2035 7,970,000 1,471,600
2036-2038 133,600 3,310,000
Total 16,560,000 $ 4,508,350 $
Fiduciary Activities
NOTE 13 – PUBLIC FACILITIES FINANCING PLAN
The City collects fees from various developers in accordance with its Public Facilities Financing Plan (PFFP) that is restricted to be used for fund infrastructure needed to support growth in the City. The PFFP fees are collected to fund specific facility types, which include transportation, water, wastewater, storm drain, parks and recreation, library, administration, police, and corporation yard facilities. Additional other non PFFP fees are collected, including garbage, mitigation and building permit fees, each of which is also restricted for specific purposes. Each of these funds, which are maintained in the City’s Capital Projects Fund, are required to be accounted for separately.

There are a number of PFFP funds with negative balances, which was a result of advancing certain infrastructure projects ahead of collecting the necessary funds. These negative balances, which were borrowed from other PFFP funds and restricted funds with positive balances, continue to be tracked and are charged with interest expense that are applied to the funds with positive balances.

During the most recent PFFP fee update, a consultant evaluated the funds with negative balances and determined that the fees, as currently established, allows the City to collect sufficient revenue from future development to reimburse the funds with negative balances within the timeframe of the remainder of the City’s General Plan.

The following includes the City’s PFFP fund balances for the year ended June 30, 2025:

Balance Balance
June 30, 2024 Revenue Expenditures Transfers June 30, 2025 Water $ 3,280,880 $ 741,778 $ (31,753) $ 3,990,905 - $
SSJID Connection Reserve 965,731 212,416 - 1,178,147 -
Garbage (758,515) 82,752 (27,158) (702,921) -
Wastewater 6,430,749 577,920 7,008,669 -
Storm Drainage 2,736,393 188,840 2,925,233 -
Transportation 2,704,795 668,645 3,373,440 -
Regional Transportation Impact Fee 1,710,560 167,188 - 1,877,748 - Parks and Recreation 78,244 1,024,717 (15,584) 1,087,377 - Police Station (1,213,145) 19,822 (44,047) (1,237,370) - City Hall (3,880,536) 77,257 (139,959) (3,943,238) -
Corporation Yard (4,322,648) 984,718 (488,500) (330,357) (4,156,787) Library (629,149) 30,537 (22,705) - (621,317)
Total balances by facility type 7,103,359 $ 4,776,590 $ (769,706) $ (330,357) $ 10,779,886 $ Facility Type
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 124 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) 49 SUPPLEMENTARY INFORMATION
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 125 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) 50 NON-MAJOR SPECIAL REVENUE FUNDS
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 126 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Non-Major Special Revenue Funds
Combining Balance Sheet – Modified Cash Basis
51 HUTA HUTA HUTA HUTA HUTA
2103 2105 2106 2107 2107.5
Fund Fund Fund Fund Fund
ASSETS
Cash and investments - $ - $ - $ 43,272 $ - $
Total assets - $ - $ - $ 43,272 $ - $

LIABILITIES
Due to other funds - $ - $ - $ - $ - $
Total liabilities - - - - -

FUND BALANCES
Restricted for:

Street construction and maintenance - - - 43,272 -
Assessment districts - - - - -
Transit - - - - -
Unassigned - - - - -
Total fund balances - - - 43,272 -
Total liabilities and fund balances - $ - $ - $ 43,272 $ - $ 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 127 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Non-Major Special Revenue Funds
Combining Balance Sheet – Modified Cash Basis (Continued) 52 SB1 Street &
Road Tax Measure K COG/LTF STA/BUS CDBG
Fund Fund Fund Fund Fund
ASSETS
Cash and investments - $ 4,041,476 $ 44,274 $ 578,284 $ - $ Total assets - $ 4,041,476 $ 44,274 $ 578,284 $ - $

LIABILITIES
Due to other funds - $ - $ - $ - $ 92,920 $
Total liabilities - - - - 92,920

FUND BALANCES
Restricted for:

Street construction and maintenance - 4,041,476 44,274 - - Assessment districts - - - - -
Transit - - - 578,284 -
Unassigned - - - - (92,920)
Total fund balances - 4,041,476 44,274 578,284 (92,920) Total liabilities and fund balances - $ 4,041,476 $ 44,274 $ 578,284 $ - $ 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 128 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Non-Major Special Revenue Funds
Combining Balance Sheet – Modified Cash Basis (Continued) 53 Dutch Country Farmland Jacob's Carolina's
Meadows Woods Estates Landing Landscape
Fund Fund Fund Fund Fund
ASSETS
Cash and investments - $ - $ - $ 19,347 $ 28,755 $
Total assets - $ - $ - $ 19,347 $ 28,755 $

LIABILITIES
Due to other funds - $ - $ - $ - $ - $
Total liabilities - - - - -

FUND BALANCES
Restricted for:

Street construction and maintenance - - - - -
Assessment districts - - - 19,347 28,755
Transit - - - - -
Unassigned - - - - -
Total fund balances - - - 19,347 28,755
Total liabilities and fund balances $ - - $ - $ 19,347 $ 28,755 $ 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 129 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Non-Major Special Revenue Funds
Combining Balance Sheet – Modified Cash Basis (Continued) 54 Boesch/
Kingery Main Street Vineyards Alexandra
Assessment Landscape Cornerstone I Landscape Landscape
Fund Fund Fund Fund Fund
ASSETS
Cash and investments - $ - $ 84,767 $ 183,865 $ - $
Total assets $ - - $ 84,767 $ 183,865 $ - $

LIABILITIES
Due to other funds $ - - $ - $ - $ - $
Total liabilities - - - - -

FUND BALANCES
Restricted for:

Street construction and maintenance - - - - -
Assessment districts - - 84,767 183,865 -
Transit - - - - -
Unassigned - - - - -
Total fund balances - - 84,767 183,865 -
Total liabilities and fund balances - $ - $ 84,767 $ 183,865 $ - $ 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 130 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | JUNE 30, 2025
Non-Major Special Revenue Funds
Combining Balance Sheet – Modified Cash Basis (Continued) 55 Total
Ripon Non-Major
Lighting Special Revenue
Fund Funds
ASSETS
Cash and investments 129,853 $ 5,153,894 $
Total assets 129,853 $ 5,153,894 $

LIABILITIES
Due to other funds - $ 92,920 $
Total liabilities - 92,920

FUND BALANCES
Restricted for:

Street construction and maintenance - 4,129,022
Assessment districts 129,853 446,588
Transit - 578,284
Unassigned - (92,920)
Total fund balances 129,853 5,060,974
Total liabilities and fund balances (deficit) 129,853 $ 5,153,894 $ 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 131 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | FOR THE YEAR ENDED JUNE 30, 2025 Non-Major Special Revenue Funds
Combining Statement of Revenues, Expenditures and Changes in Fund Balances – Modified Cash Basis 56 HUTA HUTA HUTA HUTA HUTA
2103 2105 2106 2107 2107.5
Fund Fund Fund Fund Fund

REVENUES
Taxes - $ - $ - $ - $ - $
Assessments - - - - -
Investment income 4,212 2,737 1,886 25,526 110
Intergovernmental revenue 152,814 99,296 68,395 128,177 4,000 Charges for services - - - - -
Other - - - - -
Total revenues 157,026 102,033 70,281 153,703 4,110

EXPENDITURES
Streets and public works:

Streets - - - - -
Planning - - - - -
Community development - - - - -
Special assessment districts - - - - -
Allocation to other department costs - - - - -
Capital outlay - - - - -
Total expenditures - - - - -
Excess (deficiency) of revenues over expenditures 157,026 102,033 70,281 153,703 4,110

OTHER FINANCING SOURCES (USES)
Operating transfers in - - - - -
Operating transfers out (157,026) (102,033) (70,281) (908,348) (4,110) Total other financing sources (uses) (102,033) (157,026) (70,281) (908,348) (4,110) Net change in fund balances - - - (754,645) -
Fund balances (deficit) - beginning - - - 797,917 -
Fund balances (deficit) - ending - $ - $ - $ 43,272 $ - $ 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 132 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | FOR THE YEAR ENDED JUNE 30, 2025 Non-Major Special Revenue Funds
Combining Statement of Revenues, Expenditures and Changes in Fund Balances – Modified Cash Basis (Continued) 57 SB1 Street &
Road Tax Measure K COG/LTF STA/BUS CDBG
Fund Fund Fund Fund Fund

REVENUES
Taxes - $ - $ - $ - $ - $
Assessments - - - - -
Investment income 38,105 108,408 10,133 20,150 -
Intergovernmental revenue 431,268 382,332 319,073 17,612 12,720 Charges for services - - - 1,687 -
Other - - - - -
Total revenues 469,373 490,740 329,206 39,449 12,720

EXPENDITURES
Streets and public works:

Streets - - - 117,063 -
Planning - - - - 5,010
Community development - - - - 79,370
Special assessment districts - - - - -
Allocation to other department costs - - - 12,108 -
Capital outlay - - - - 8,540
Total expenditures - - - 129,171 92,920
Excess (deficiency) of revenues over expenditures 469,373 490,740 329,206 (89,722) (80,200)

OTHER FINANCING SOURCES (USES)
Operating transfers in - - - - -
Operating transfers out (1,420,551) - (333,493) (43,755) - Total other financing sources (uses) (1,420,551) - (333,493) (43,755) - Net change in fund balances (951,178) 490,740 (4,287) (133,477) (80,200) Fund balances (deficit) - beginning 951,178 3,550,736 48,561 711,761 (12,720) Fund balances (deficit) - ending - $ 4,041,476 $ 44,274 $ 578,284 $ (92,920) $ 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 133 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | FOR THE YEAR ENDED JUNE 30, 2025 Non-Major Special Revenue Funds
Combining Statement of Revenues, Expenditures and Changes in Fund Balances – Modified Cash Basis (Continued) 58 Dutch Country Farmland Jacob's Carolina's
Meadows Woods Estates Landing Landscape
Fund Fund Fund Fund Fund

REVENUES
Taxes $ - $ - $ - $ - $ -
Assessments 4,540 7,810 3,352 5,701 14,500
Investment income - - - - -
Intergovernmental revenue - - - - -
Charges for services - - - - -
Other - - - - -
Total revenues 7,810 4,540 3,352 5,701 14,500

EXPENDITURES
Streets and public works:

Streets - - - - -
Planning - - - - -
Community development - - - - -
Special assessment districts 15,364 15,245 7,396 5,658 12,174 Allocation to other department costs 2,863 2,840 1,377 1,054 2,268 Capital outlay - - - - -
Total expenditures 18,085 18,227 8,773 6,712 14,442
Excess (deficiency) of revenues over expenditures (13,688) (10,275) (5,421) (1,011) 58

OTHER FINANCING SOURCES (USES)
Operating transfers in 13,688 10,275 5,421 - -
Operating transfers out - - - - -
Total other financing sources (uses) 10,275 13,688 5,421 - - Net change in fund balances - - - (1,011) 58
Fund balances (deficit) - beginning - - - 20,358 28,697 Fund balances (deficit) - ending - $ - $ - $ 19,347 $ 28,755 $ 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 134 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | FOR THE YEAR ENDED JUNE 30, 2025 Non-Major Special Revenue Funds
Combining Statement of Revenues, Expenditures and Changes in Fund Balances – Modified Cash Basis (Continued) 59 Boesch/
Kingery Main Street Vineyards Alexandra
Assessment Landscape Cornerstone I Landscape Landscape
Fund Fund Fund Fund Fund

REVENUES
Taxes - $ - $ - $ - $ - $
Assessments 6,061 10,346 14,079 64,935 5,555
Investment income - - - - -
Intergovernmental revenue - - - - -
Charges for services - - - - -
Other - - - - -
Total revenues 6,061 10,346 14,079 64,935 5,555

EXPENDITURES
Streets and public works:

Streets - - - - -
Planning - - - - -
Community development - - - - -
Special assessment districts 11,861 42,876 11,442 36,362 5,539 Allocation to other department costs 2,210 7,988 2,132 6,775 1,032 Capital outlay - - - - -
Total expenditures 14,071 50,864 13,574 43,137 6,571
Excess (deficiency) of revenues over expenditures (8,010) (40,518) 505 21,798 (1,016)

OTHER FINANCING SOURCES (USES)
Operating transfers in 813 40,518 - - 1,016
Operating transfers out - - - - -
Total other financing sources (uses) 813 40,518 - - 1,016 Net change in fund balances (7,197) - 505 21,798 -
Fund balances (deficit) - beginning - 7,197 84,262 162,067 - Fund balances (deficit) - ending - $ - $ 84,767 $ 183,865 $ - $ 2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 135 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON, CALIFORNIA | FOR THE YEAR ENDED JUNE 30, 2025 Non-Major Special Revenue Funds
Combining Statement of Revenues, Expenditures and Changes in Fund Balances – Modified Cash Basis (Continued) 60 Total
Ripon Non-Major
Lighting Special Revenue
Fund Funds

REVENUES
Taxes 49,583 $ 49,583 $
Assessments 276,149 413,028
Investment income - 211,267
Intergovernmental revenue - 1,615,687
Charges for services - 1,687
Other 13,240 13,240
Total revenues 338,972 2,304,492

EXPENDITURES
Streets and public works:

Streets - 117,063
Planning - 5,010
Community development - 79,370
Special assessment districts 249,273 413,190
Allocation to other department costs 46,444 89,091
Capital outlay - 8,540
Total expenditures 295,717 712,264
Excess (deficiency) of revenues over expenditures 43,255 1,592,228

OTHER FINANCING SOURCES (USES)
Operating transfers in - 71,731
Operating transfers out - (3,039,597)
Total other financing sources (uses) - (2,967,866)
Net change in fund balances 43,255 (1,375,638)
Fund balances (deficit) - beginning 6,436,612 86,598
Fund balances (deficit) - ending 129,853 $ 5,060,974 $
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 136 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON | JUNE 30, 2025
Additional Information on the Successor Agency Trust Fund 61 The following information is presented to supplement the basic financial statements and provides additional information about the Successor Agency Trust Fund. The information includes: the Statement of Fiduciary Net Position and the Statement of Changes in Fiduciary Net Position in accordance with generally accepted accounting principles as of and for the year ended June 30, 2025. Accordingly, the fiduciary fund financial statements utilize the accrual basis of accounting.

For additional information on the Successor Agency Trust Fund, refer to the notes to the City’s basic financial statements.

STATEMENT OF FIDUCIARY NET POSITION

PRIVATE-PURPOSE TRUST FUND
JUNE 30, 2025
Successor Agency
Private Purpose
Trust Fund
ASSETS
Cash and investments 5,254,713 $
Cash and investments - restricted 1,297,266
Interest receivable 79,522
Prepaid bond insurance 96,774
Loan due from the City - Capital projects fund 534,846
Total assets 7,263,121

LIABILITIES
Interest payable 100,050
Due to County of San Joaquin 1,297,266
Long-term liabilities
Debt due in more than one year 19,106,684
Total liabilities 20,504,000

NET POSITION
Net position (deficit) held in trust for redevelopment
dissolution and other purposes (13,240,879) $
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 137 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) CITY OF RIPON | JUNE 30, 2025
Additional Information on the Successor Agency Trust Fund (Continued) 62 STATEMENT OF CHANGES IN FIDUCIARY NET POSITION

PRIVATE-PURPOSE TRUST FUND
FOR THE YEAR ENDED JUNE 30, 2025
Successor Agency
Private Purpose
Trust Fund

ADDITIONS
Property taxes 1,132,213 $
Investment income 383,279
Total additions 1,515,492

DEDUCTIONS
General operating 259,350
Interest expense 668,839
Total deductions 928,189
Net increase (decrease) in fiduciary net position 587,303 Total net position - beginning (13,828,182)
Total net position - ending $ (13,240,879)
2025.06.30 RIPON Financial Statements

1.3.A.d
Packet Pg. 138 Attachment: 2025.06.30 RIPON Financial Statements (25-38 : Financial Statements and Independent Auditor report) City Council
259 N. Wilma Avenue
Ripon, CA 95366
MEMO
To: Honorable City Council
From: Lisa Roos, City Clerk & Finance Director
Date: 12/09/2025
Subject: Money Purchase Thrift Pension Plan Statements and Audit RECOMMENDED ACTION:

This resolution accepts the City of Ripon Money Purchase Thrift Plan Financial Statements and Independent Auditor’s Report June 30, 2025 and 2024, prepared by Price Paige & Company Accountancy Corporation.

Attachments:

1. 2025.06.30 RIPON PENSION Audit Committee Letter

2. 2025.06.30 RIPON PENSION Financial Statements

1.3.B
Packet Pg. 139
RESOLUTION NO. 25-39

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

RIPON ACCEPTING THE CITY OF RIPON MONEY

PURCHASE THRIFT PENSION PLAN FINANCIAL

STATEMENTS AND INDEPENDENT AUDITOR'S REPORT
JUNE 30, 2025 AND 2024
WHEREAS, the City of Ripon Independent Auditors’ Report of the Money Purchase Thrift Pension Plan for June 30, 2025 and 2024 has now been completed and filed with the City of Ripon; and
WHEREAS, Price Paige & Company Accountancy Corporation has now completed its audit of the form and content of the information included in the financial statements in accordance with generally accepted auditing standards.

NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Ripon, that the City of Ripon does hereby accept the financial statement and Independent Auditors’ Report of the Money Purchase Thrift Pension Plan for June 30, 2025 and 2024, by Price Paige & Company Accountancy Corporation, the independent certified public accountant employed by the City of Ripon to audit the financial records.

PASSED AND ADOPTED at a regular meeting of the City Council of the City of Ripon this 9th day of December, 2025, by the following vote:

RESULT: ADOPTED BY CONSENT VOTE [UNANIMOUS]
MOVER: Leo Zuber, Council Member
SECONDER:Michael Restuccia, Council Member
AYES: de Graaf, Barton, Uecker, Restuccia, Zuber

THE CITY OF RIPON,
A Municipal Corporation
By ________________________________
GARY BARTON, Mayor
ATTEST:

By: ___________________________
LISA ROOS, City Clerk

1.3.B
Packet Pg. 140
October 29, 2025
To the City Council of the
City of Ripon, California
We have audited the financial statements of the City of Ripon Money Purchase Thrift Pension Plan (the Plan) for the year ended June 30, 2025. Professional standards require that we provide you with information about our responsibilities under generally accepted auditing standards, Government Auditing Standards and the Uniform Guidance, as well as certain information related to the planned scope and timing of our audit. We have communicated such information in our engagement letter previously provided to you. Professional standards also require that we communicate to you the following information related to our audit.

Significant Audit Matters
Qualitative Aspects of Accounting Practices
Management is responsible for the selection and use of appropriate accounting policies. The significant accounting policies used by Plan are described in Note 2 to the financial statements. No new accounting policies were adopted and the application of existing policies was not changed during 2025. We noted no transactions entered into by the Plan during the year for which there is a lack of authoritative guidance or consensus. All significant transactions have been recognized in the financial statements in the proper period.

Accounting estimates are an integral part of the financial statements prepared by management and are based on management’s knowledge and experience about past and current events and assumptions about future events. Certain accounting estimates are particularly sensitive because of their significance to the financial statements and because of the possibility that future events affecting them may differ significantly from those expected. We are not aware of any significant estimates for the fiscal year ended June 30, 2025.

The financial statement disclosures are neutral, consistent, and clear.

Difficulties Encountered in Performing the Audit
We encountered no significant difficulties in dealing with management in performing and completing our audit.

Disagreements with Management
For purposes of this letter, a disagreement with management is a financial accounting, reporting, or auditing matter, whether or not resolved to our satisfaction, that could be significant to the financial statements or the auditor’s report.

We are pleased to report that no such disagreements arose during the course of our audit. 2025.06.30 RIPON PENSION Audit Committee Letter

1.3.B.a
Packet Pg. 141 Attachment: 2025.06.30 RIPON PENSION Audit Committee Letter (25-39 : Money Purchase Thrift Pension Plan Statements and Audit) Management Representations
We have requested certain representations from management that are included in the management representation letter.

Management Consultations with Other Independent Accountants In some cases, management may decide to consult with other accountants about auditing and accounting matters, similar to obtaining a “second opinion” on certain situations. If a consultation involves application of an accounting principle to the Plan’s financial statements or a determination of the type of auditor’s opinion that may be expressed on those statements, our professional standards require the consulting accountant to check with us to determine that the consultant has all the relevant facts. To our knowledge, there were no such consultations with other accountants.

Other Audit Findings or Issues
We generally discuss a variety of matters, including the application of accounting principles and auditing standards, with management each year prior to retention as the Plan’s auditors. However, these discussions occurred in the normal course of our professional relationship and our responses were not a condition to our retention.

Restriction on Use
This information is intended solely for the information and use of the City of Ripon’s Council and management of the Plan and is not intended to be, and should not be, used by anyone other than these specified parties.

Very truly yours,
2025.06.30 RIPON PENSION Audit Committee Letter

1.3.B.a
Packet Pg. 142 Attachment: 2025.06.30 RIPON PENSION Audit Committee Letter (25-39 : Money Purchase Thrift Pension Plan Statements and Audit) City of Ripon | California
Money Purchase Thrift Pension Plan
Financial Statements
For the Years Ended June 30, 2025 and 2024
2025.06.30 RIPON PENSION Financial Statements

1.3.B.b
Packet Pg. 143 Attachment: 2025.06.30 RIPON PENSION Financial Statements (25-39 : Money Purchase Thrift Pension Plan Statements and Audit) CITY OF RIPON MONEY PURCHASE THRIFT PENSION PLAN | FOR THE YEARS ENDED JUNE 30, 2025 AND 2024 Financial Statements

Pension Trust Fund:

Statements of Fiduciary Net Position ........................................................................................................................... 4 Statements of Changes in Fiduciary Net Position ........................................................................................................ 5 Notes to the Financial Statements ....................................................................................................................................... 7 2025.06.30 RIPON PENSION Financial Statements

1.3.B.b
Packet Pg. 144 Attachment: 2025.06.30 RIPON PENSION Financial Statements (25-39 : Money Purchase Thrift Pension Plan Statements and Audit) 1 INDEPENDENT AUDITOR’S REPORT
To the Honorable Mayor and
Members of the City Council
City of Ripon, California
Opinions
We have audited the accompanying financial statements of the City of Ripon Money Purchase Thrift Pension Plan (the Plan), which compromise the statement of fiduciary net position and statements of change in fiduciary net positionpension trust fund as of and for the years ended June 30, 2025 and 2024, and the related notes to the financial statements, which collectively comprise the Plan’s basic financial statements as listed in the table of contents.

In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the Plan as of June 30, 2025 and 2024, and the respective changes in fiduciary net position for the year then ended in accordance with accounting principles generally accepted in the United States of America.

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

In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the Plan’s ability to continue as a going concern for twelve months beyond the financial statement date, including any currently known information that may raise substantial doubt shortly thereafter.
2025.06.30 RIPON PENSION Financial Statements

1.3.B.b
Packet Pg. 145 Attachment: 2025.06.30 RIPON PENSION Financial Statements (25-39 : Money Purchase Thrift Pension Plan Statements and Audit) 2 Auditor’s Responsibilities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinions.

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

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

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

Clovis, California
October 29, 2025
2025.06.30 RIPON PENSION Financial Statements

1.3.B.b
Packet Pg. 146 Attachment: 2025.06.30 RIPON PENSION Financial Statements (25-39 : Money Purchase Thrift Pension Plan Statements and Audit) 3 BASIC FINANCIAL STATEMENTS
2025.06.30 RIPON PENSION Financial Statements

1.3.B.b
Packet Pg. 147 Attachment: 2025.06.30 RIPON PENSION Financial Statements (25-39 : Money Purchase Thrift Pension Plan Statements and Audit) CITY OF RIPON MONEY PURCHASE THRIFT PENSION PLAN | JUNE 30, 2025 AND 2024 Pension Trust Fund
Statements of Fiduciary Net Position
The notes to the financial statements are an integral part of this statement. 4 2025 2024
ASSETS
Cash and investments:

Cash and cash equivalents $ 2,854,847 $ 2,560,746
U.S. government securities 726,833 1,245,538
Mutual funds 12,879,035 12,244,587
Common and preferred stock 1,914,048 1,241,281
Real estate investment trust 73,318 -
Total cash and investments 18,374,763 17,365,470
Receivables:

Participant notes receivable 187,883 75,227
Contributions receivable 39,544 -
Total assets 17,480,241 18,562,646

LIABILITIES - -

NET POSITION
Restricted for pensions $ 18,562,646 17,480,241 $
2025.06.30 RIPON PENSION Financial Statements

1.3.B.b
Packet Pg. 148 Attachment: 2025.06.30 RIPON PENSION Financial Statements (25-39 : Money Purchase Thrift Pension Plan Statements and Audit) CITY OF RIPON MONEY PURCHASE THRIFT PENSION PLAN | FOR THE YEARS ENDED JUNE 30, 2025 AND 2024 Pension Trust Fund
Statements of Changes in Fiduciary Net Position
The notes to the financial statements are an integral part of this statement. 5 2025 2024
Additions to net position attributed to:

Investment income:

Net appreciation (depreciation) in the fair
value of investments $ 1,187,000 $ 1,214,722
Interest 18,957 13,722
Dividends 525,899 492,377
Contributions:

Employer 632,818 581,963
Employee 510,983 473,830
Employee rollovers 152,726 -
Other income - 571
Total additions 3,028,383 2,777,185
Deductions from net position attributed to:

Benefits paid to participants 1,905,599 22,354
Administration 33,495 40,379
Total deductions 1,945,978 55,849
Changes in fiduciary net position 1,082,405 2,721,336
Total fiduciary net position - beginning 17,480,241 14,758,905 Total fiduciary net position - ending 18,562,646 $ 17,480,241 $ 2025.06.30 RIPON PENSION Financial Statements

1.3.B.b
Packet Pg. 149 Attachment: 2025.06.30 RIPON PENSION Financial Statements (25-39 : Money Purchase Thrift Pension Plan Statements and Audit) 6 NOTES TO THE FINANCIAL STATEMENTS
2025.06.30 RIPON PENSION Financial Statements

1.3.B.b
Packet Pg. 150 Attachment: 2025.06.30 RIPON PENSION Financial Statements (25-39 : Money Purchase Thrift Pension Plan Statements and Audit) CITY OF RIPON MONEY PURCHASE THRIFT PENSION PLAN | JUNE 30, 2025 AND 2024 Notes to the Financial Statements
7 NOTE 1 – PLAN DESCRIPTION
The financial statements of the City of Ripon Money Purchase Thrift Pension Plan (the Plan), a single-employer defined contribution plan, have been prepared in conformity with accounting principles generally accepted in the United States of America as applied to fiduciary activities, and in accordance with the Plan agreement.

The following description of the Plan provides only general information. Participants should refer to the Plan agreement for a more complete description of the Plan’s provisions. The Plan is sponsored by the City of Ripon, California (the City).

A. General
The Plan covers all permanent, full-time employees, excluding public safety employees, of the City who have completed six consecutive months of employment. As of June 30, 2025 and 2024, the plan members totaled 81 and 81 respectively.

Plan provisions and contribution requirements are established and may be amended by the City Council of the City of Ripon. The Plan is subject to the provisions of Government Code Section 7504. The Plan is not subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA) as ERISA does not apply to government sponsored plans.

Under the Internal Revenue Code, the Plan meets the requirements of Section 401(a) and is exempt from federal income tax under Section 510(a).

The City has the right under the Plan provisions to terminate the Plan by delivering to the trustee and administrator written notice of such termination. In the event of plan termination, participants will become 100% vested in their accounts.

B. Employee Contributions
Eligible employees can elect to defer 5% of their compensation to the Plan. The Plan allows additional employee elective contributions up to 6.6% of annual compensation.

C. Employer Contributions
The City makes contributions to the Plan equal to 10% of the total compensation, excluding overtime, of all participants in the Plan under the mandatory provision and up to 3.3% of the qualified employee’s annual compensation under the voluntary provision.

The City entered into a Memorandum of Understanding with the Union representing its employees which requires the City to “pick up” the 5% employee contribution referenced above. All such contributions are designated as employee contributions and are fully vested.

D. Participant Accounts
In accordance with the trust agreement, each member directs the investments held in his/her individual account. The participants’ accounts are held by a corporation-administered trust fund.

E. Vesting
Participants are immediately vested in their contributions plus actual earnings thereon. Vesting in the City contributions under the mandatory provision and earnings thereon are based on years of continuous service. A member is 100% vested after six years of credited service. Participants are fully vested in the City contributions under the voluntary provision and earnings thereon.
2025.06.30 RIPON PENSION Financial Statements

1.3.B.b
Packet Pg. 151 Attachment: 2025.06.30 RIPON PENSION Financial Statements (25-39 : Money Purchase Thrift Pension Plan Statements and Audit) CITY OF RIPON MONEY PURCHASE THRIFT PENSION PLAN | JUNE 30, 2025 AND 2024 Notes to the Financial Statements
8 NOTE 1 – PLAN DESCRIPTION (Continued)
F. Payment of Benefits
Upon termination of service or attainment of earliest retirement age of 55, a participant may elect to receive the value of the account under one of the methods as described in the Plan.

The City contribution for, and interest forfeited by, employees who leave employment before six years of service are redistributed to all participants based on salary and vesting levels.

G. Participant Notes Receivable
The Plan provides for loans to participants which are secured by their vested account balances and can be no greater than the lesser of 50% of the participant’s vested account balance or $50,000. The loans are secured by the balance in the participant’s account and bear interest at rates which are commensurate with local prevailing rates as determined by the Plan administrator. Principal and interest are paid ratably through payroll deductions.

H. Expenses
Plan administrator charges are paid by the City of Ripon. Investment related expenses are paid from the Plan assets.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
A. Basis of Accounting
The financial statements of the Plan are prepared on the accrual basis of accounting.

B. Investment Valuation and Income Recognition
The Plan’s investments are reported at fair value. Securities traded on national exchanges are valued at the last reported sales price. The Plan’s investments are held in trust by Bank of Stockton.

Purchases and sales of securities are recorded on a trade-date basis. Interest and dividend income are recorded on the accrual basis.

C. Fair Market Value of Financial Instruments
Unless otherwise noted, the carrying value of financial instruments, including investments, receivables and liabilities, approximate fair value due to the short-term maturities of these instruments.

D. Notes Receivable from Participants
Loans to participants are reported at their unpaid balances plus any accrued but unpaid interest.

E. Payments of Benefits
Benefits are recorded when paid.
2025.06.30 RIPON PENSION Financial Statements

1.3.B.b
Packet Pg. 152 Attachment: 2025.06.30 RIPON PENSION Financial Statements (25-39 : Money Purchase Thrift Pension Plan Statements and Audit) CITY OF RIPON MONEY PURCHASE THRIFT PENSION PLAN | JUNE 30, 2025 AND 2024 Notes to the Financial Statements
9 NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) F. Estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the Plan administrator to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results may differ from the estimates.

G. Budgetary Accounting
The Plan does not utilize formal budget procedures and is not required to adopt such procedures by law. Accordingly, budgetary comparison information is not required or presented.

H. Reporting Entity
The Plan, governed by the Retirement Board, is considered an independent entity. Plan management considered all potential component units for inclusion in the reporting entity by applying the criteria set forth in accounting principles generally accepted in the United States of America. The Plan concluded that there were no potential component units which should be included in the reporting entity.

I. Cash and Cash Equivalents
The Plan’s cash and cash equivalents are considered to be cash on hand, demand deposits, and short-term investments with original maturities of three months or less from the date of acquisition.

NOTE 3 – FAIR VALUE MEASUREMENTS
The Plan’s investments are reported at fair value in the accompanying statements of fiduciary net position. The methods used to measure fair value may produce an amount that may not be indicative of net realizable value or reflective future fair values. Furthermore, although the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.

The fair value measurement accounting literature establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. This hierarchy consists of three broad levels: Level 1 inputs consist of unadjusted quoted prices in active markets for identical assets and have the highest priority; Level 2 inputs are from other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly; and Level 3 inputs are unobservable and have the lowest priority. The Plan uses appropriate valuation techniques based on the available inputs to measure the fair value of its investments. When available, the Plan measures fair value using Level 1 inputs because they generally provide the most reliable evidence of fair value. Level 3 inputs were used only when Level 1 or Level 2 inputs were not available.

Following is a description of the valuation methodologies used for Level 2 assets measured at fair value. There have been no changes in the methodologies used at June 30, 2025 and 2024.

Corporate obligations and government securities are valued at fair value. The market approach is used to value these assets which use prices and other relevant information generated by market transactions involving identical or comparable assets, liabilities, or a group of assets and liabilities, such as a business. 2025.06.30 RIPON PENSION Financial Statements

1.3.B.b
Packet Pg. 153 Attachment: 2025.06.30 RIPON PENSION Financial Statements (25-39 : Money Purchase Thrift Pension Plan Statements and Audit) CITY OF RIPON MONEY PURCHASE THRIFT PENSION PLAN | JUNE 30, 2025 AND 2024 Notes to the Financial Statements
10 NOTE 3 – FAIR VALUE MEASUREMENTS (Continued)
Mutual Funds and Real Estate Investment Trusts (REITs) are valued at the daily closing prices as reported by the fund.

These funds are required to publish their daily net asset value (NAV) and to transact at the price. NAV is calculated by dividing the value of the net assets of the fund by the total number of outstanding shares of the fund. The mutual funds and REITs held by the Plan are deemed to be actively traded.

The following table sets forth, by level within the fair value hierarchy, the Plan’s investments at fair value as of June 30, 2025:

Level 1 Level 2 Level 3 Total
U.S. government securities $ 726,833 - $ $ 726,833 - $
Mutual funds 12,879,035 - 12,879,035 -
Common and preferred stock 1,914,048 - - 1,914,048
Total $ 15,519,916 - $ - $ 15,519,916 $
Assets held at Fair Value
The following table sets forth, by level within the fair value hierarchy, the Plan’s investments at fair value as of June 30, 2024:

Level 1 Level 2 Level 3 Total
U.S. government securities $ 1,245,538 - $ $ 1,245,538 - $ Mutual funds 12,244,587 - 12,244,587 -
Common and preferred stock 1,241,281 - 1,241,281 -
Real estate investment trust - 73,318 - 73,318
Total $ 14,731,406 73,318 $ - $ 14,804,724 $
Assets held at Fair Value
NOTE 4 – INVESTMENTS
The following investments held by the plan were in excess of 5% of the Plan’s net position during the year ended June 30, 2025.

Investment Reported
Issuer Type Amount
iShares: S&P 500 INDEX Mutual Funds $ 2,879,734
JP MORGAN BETABUILDERS INTERNATIONAL EQUITY Mutual Funds $ 986,580 2025.06.30 RIPON PENSION Financial Statements

1.3.B.b
Packet Pg. 154 Attachment: 2025.06.30 RIPON PENSION Financial Statements (25-39 : Money Purchase Thrift Pension Plan Statements and Audit) CITY OF RIPON MONEY PURCHASE THRIFT PENSION PLAN | JUNE 30, 2025 AND 2024 Notes to the Financial Statements
11 NOTE 4 – INVESTMENTS (Continued)
The following investments held by the plan were in excess of 5% of the Plan’s net position during the year ended June 30, 2024.

Investment Reported
Issuer Type Amount
DODGE & COX INCOME FUND Mutual Funds $ 1,027,304
iShares: S&P 500 INDEX Mutual Funds $ 2,709,336
JP MORGAN BETABUILDERS INTERNATIONAL EQUITY Mutual Funds $ 1,530,467 Investment income results from each participant’s self-directed account. Investment income by major asset category is provided in the trustee reports.

NOTE 5 – RISKS AND UNCERTAINTIES
The Plan invests in various investment securities. Investment securities are exposed to various risks such as interest rate, market, and credit risks. Due to the level of risk associated with certain investment securities, it is at least reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect participants’ account balances and the amounts reported in the statements of fiduciary net position.

NOTE 6 – RELATED PARTY AND PARTY-IN-INTEREST TRANSACTIONS The Third-Party Administrator of the Plan and the Trust holding plan assets provide various services to the Plan and receive compensation and other fees for these services and, therefore, qualify as parties-in-interest. Total fees and commissions paid to these parties-in-interest totaled $140,101 and $117,401 for the years ended June 30, 2025 and 2024, respectively.
2025.06.30 RIPON PENSION Financial Statements

1.3.B.b
Packet Pg. 155 Attachment: 2025.06.30 RIPON PENSION Financial Statements (25-39 : Money Purchase Thrift Pension Plan Statements and Audit) City Council
259 N. Wilma Avenue
Ripon, CA 95366
MEMO
To: Honorable City Council
From: Spencer Schroen, Associate Civil Engineer
Date: 12/09/2025
Subject: EV Charging Station Project
RECOMMENDED ACTION:

Award the contract for the Electrical Vehicle Charging Station Project to Valley 29 Electric in the amount of $135,650 and authorize staff to proceed (funding source: Carbon Reduction Program (CRP) Grant).

BACKGROUND:

California has adopted several laws and regulatory programs that require a long-term transition toward zero-emission vehicles, including requirements that apply directly to municipal fleets.

One of the key requirements is the California Air Resources Board Advanced Clean Fleets (ACF) Regulation, which became effective in 2023. ACF requires state and local agencies to transition their fleet vehicles that are over 8,500 lbs. to zero-emission models under a phased schedule that is now in effect. All vehicles decommissioned after 2027 must be replaced with zero-emission vehicles. As these requirements phase in, cities will need to have the necessary charging infrastructure in place to support daily fleet operations.

The federal CRP provides funding to help local agencies reduce transportation-related emissions.

Through the San Joaquin Council of Governments, the City received $528,000 in CRP funds in FY23/24. EV charging infrastructure qualifies for this funding and does not require a local match.

This project includes installation of 2 electric vehicle chargers at the City of Ripon’s City Hall and 5 at the Corporation Yard.

1.4.A
Packet Pg. 156

DISCUSSION
On November 25, 2025, eight bids for the EV Charging Station project were opened, as summarized below:

Hooked on Solar $105,056.32
Valley 29 Electric $135,650.00
SCC Electric $145,275.00
Westek Systems, Inc. $166,779.00
Bockmon & Woody Electric Co., Inc. $167,700.00
Shane Brown Electric $199,625.00
DV Electric Co. $200,500.00
Preferred Power Solutions, Inc. $261,301.00
City staff has reviewed the bids and found Valley 29 Electric to be the lowest responsive bidder.

The Contractor has submitted the bid bond and all required documents. Due to a computational error in its bid schedule, Hooked on Solar - the apparent lowest responsive bidder - requested to withdraw its bid on the grounds of material error pursuant to Public Contract Code Section 5100 et seq.

FISCAL IMPACT:

The total cost of $135,650 for construction of the EV Charging Station Project will be funded through the CRP Grant. Since the grant received exceeds the project cost, staff is discussing with SJCOG staff options to fully utilize the awarded grant funds.

1.4.A
Packet Pg. 157
City Council
259 N. Wilma Avenue
Ripon, CA 95366
MEMO
To: Honorable City Council
From: Lisa Roos, City Clerk & Finance Director
Date: 12/09/2025
Subject: Annual AB1600 Report - PFFP Capital Funds
RECOMMENDED ACTION:

Staff recommends the Ripon City Council adopt the AB1600 Development Impact Fee Annual Report for fiscal year 2024-25 that has been prepared in accordance with the provisions of the California Government Code.

BACKGROUND:

The City utilizes a number of funds to track revenue and expenses used to conduct the business of the various City departments. These funds are classified by three categories - “Operating Funds”, “Capital Funds”, and “Restricted Funds”. Attached is a figure showing each of these fund categories along with the breakdown of the different funds within each of these categories.

The Capital Fund category includes three sub-categories, as described below:
 General Capital Funds – At the City Council’s discretion, funds are transferred from the General Fund to be used for capital projects/purchases or to reserves.  Enterprise Capital Funds – By resolution, revenue from the designated operating fund (e.g., Water Operating Fund) are transferred to the designated enterprise capital fund (e.g., Water) for equipment and infrastructure replacement.  PFFP Capital Funds – The various Public Facilities Financing Plan (PFFP) Capital Funds track revenue and expenses for the different designated fund categories. The revenue is from development and restricted to fund infrastructure needed to support growth.

By law, we are required to report upon our PFFP Capital Funds, which are also referred to as AB1600 Development Impact Fees. There is both an annual requirement and a five-year findings reporting requirement. The attached AB1600 Development Impact Fees Annual Report (“Report”) has been prepared in accordance with the requirements of California Government

2.A
Packet Pg. 158
Code Section 66000. Since the five-year findings were reported in the fiscal year ending June 30, 2024 report, they are not required this year.

DISCUSSION/ANALYSIS:

The Fund Balances Summary as of June 30, 2025 has been attached for your reference along with the AB1600 Development Impact Fees Annual Report for the Fiscal Year Ending June 30, 2025.

There are certain PFFP capital funds with negative balances. This is mostly related to advancing construction of the City Hall and Library buildings to the size necessary to accommodate the buildout of the General Plan before new growth has fully funded these projects. These negative balances continue to be tracked and these accounts are charged interest that is, in turn, applied to the capital accounts with positive balances.

Due to the current unique time in the economy, the City’s investment income is higher than usual, which means that the funds with negative balances are charged a higher interest. We do not expect this to continue, but this may extend the time estimated to eliminate these deficits.

In 2017, Goodwin Consulting evaluated the funds with negative balances (City Hall, Police, Library and Refuse) to determine if an adjustment was necessary to the AB1600 fee to ensure the City is collecting sufficient revenue from future development. No increases were proposed at that time. Goodwin’s analysis noted that based upon a residential growth rate of 1.5%, which is a long-term average, the City Hall and Police Funds deficits would be eliminated in 2047, Library Fund in 2032 and Refuse Fund in the next five years. The City Plans to do a PFFP program update in 2026 as required by law. We will re-evaluate fees of negative funds to ensure sufficient fees are collected through future development.

FISCAL IMPACT:

None.

Attachments:

1. Budget Category Reporting Summary

2. Fund Balances 2025.06.30

3. 24-25 PFFP Report

2.A
Packet Pg. 159
Budget Category Reporting Summary 2.A.a
Packet Pg. 160
Attachment: Budget Category Reporting Summary (4900 : Annual AB1600 Report - PFFP Capital Funds) FINAL
Fund Description
Beginning Balance
7/1/2024 YTD Income YTD Expenditures YTD Transfers
Ending Balance
6/30/2025

OPERATING FUNDS
General Funds
General Fund 7,774,675.47 $18,151,753.35 (16,823,202.68) (1,541,175.74) 7,562,050.40 Sick Leave Contingency 431,233.83 16,779.49 - - 448,013.32 PERS Contingency 1,681,846.63 156,360.96 - 162,116.98 2,000,324.57 Healthcare Contingency 222,792.86 7,526.37 - - 230,319.23 Liability SIR Contingency 668,378.61 22,579.13 - - 690,957.74 Litigation/Natural Disaster Contingency 550,037.88 18,581.35 - - 568,619.23 Asset/Liability adjustments 178,777.20 - (98,677.31) - 80,099.89 Street & Road Funds
Street & Roads 5,348,393.48 2,047,420.13 (2,660,795.30) (605,993.12) 4,129,025.19 Street & Road Reconstruction Fund 1,705,170.72 47,000.15 (391,561.00) 534,262.22 1,894,872.09 Street & Road Reserve 2,968,312.79 102,776.52 - 760,431.00 3,831,520.31 Transit funds 21,321.29 39,448.99 (129,170.33) - (68,400.05) LTF Transit funds 690,433.00 - (43,754.96) - 646,678.04 Enterprise Operating Funds
Water Operating 926,513.59 4,111,131.20 (3,434,621.30) (676,509.90) 926,513.59 Sewer Operating 697,425.71 2,213,822.65 (1,435,005.46) (778,817.19) 697,425.71 Garbage Operating 211,230.50 2,787,901.02 (2,754,839.30) (33,061.72) 211,230.50 $ 24,076,543.56 $ 29,723,081.31 $ (27,771,627.64) $ (2,178,747.47) $ 23,849,249.76

CAPITAL FUNDS
General Capital Funds
Parks & Recreation 3,160,873.84 375,303.67 (785,738.70) - 2,750,438.81 Jack Tone Golf Course Capital Reserve 607,831.27 83,854.07 (119,077.05) - 572,608.29 Mistlin Sport Park- Turf Replacement Res 24,000.00 40,000.00 - - 64,000.00 CNG Station Capital Reserve 273,506.57 9,162.50 (34,912.11) 52,892.94 300,649.90 Department Funds 2,960,004.71 212,059.31 (978,104.11) 475,000.00 2,668,959.91 Underground Utilties 10,614.30 383.41 - - 10,997.71
Wireless Gov't cameras - 47,694.40 - - 47,694.40
Mitigation Fees 2,768,965.01 201,629.01 - 754,694.29 3,725,288.31 Corporation Yard 498,014.85 - (260,580.20) (174,778.29) 62,656.36 Enterprise Capital Funds
Water Enterprise Capital 7,906,601.55 366,891.85 (436,091.94) 610,726.63 8,448,128.09 Sewer Enterprise Capital 1,154,619.71 39,835.59 (209,431.41) 217,142.50 1,202,166.39 Sewer WWTP Reserve 1,896,707.54 68,513.80 - 405,699.64 2,370,920.98 Garbage Enterprise Capital 1,127,211.08 62,880.16 (528,732.82) 33,061.72 694,420.14 Storm Drain Enterprise Capital (7,446.11) - (26,252.32) 61,963.28 28,264.85 PFFP Capital Funds
Water 3,280,880.84 741,777.66 (31,753.20) - 3,990,905.30 SSJID Connection Reserve 965,731.27 212,416.36 - - 1,178,147.63 Garbage (758,514.39) 82,751.91 (27,158.05) - (702,920.53) Wastewater 6,430,748.13 577,920.18 - - 7,008,668.31
Storm Drainage 2,736,394.02 188,839.77 - - 2,925,233.79 Transportation 2,704,795.07 654,687.21 13,957.74 - 3,373,440.02 Regional Transportation Impact Fee 1,710,560.40 167,188.34 - - 1,877,748.74 Parks & Recreation 111,428.68 976,156.34 (202.44) - 1,087,382.58 Parks & Recreation loan repayment funds 550,028.48 (15,182.01) 534,846.47 Police (1,213,144.89) 19,821.65 (44,047.35) - (1,237,370.59) City Hall (3,880,536.04) 77,256.97 (139,959.39) - (3,943,238.46) Corporation Yard 1,303,740.23 230,023.72 (488,499.79) (330,356.72) 714,907.44 Library (629,152.20) 30,536.63 (22,704.59) - (621,320.16) $ 35,694,463.92 $ 5,467,584.51 $ (4,134,469.74) $ 2,106,045.99 $ 39,133,624.68

RESTRICTED FUNDS
Special Revenue/Restricted Funds
Benefit Assessment Districts 551,009.00 195,633.69 - - 746,642.69 NPSP Assessment District 893,376.62 32,270.99 - - 925,647.61 Landscape & Lighting Districts 389,174.29 475,845.87 (490,167.20) 71,730.90 446,583.86 Redevelopment - Housing 5,390,470.34 194,717.17 - - 5,585,187.51 Redevelopment - City - - - - -
Redevelopment - State 727,935.13 1,334,649.07 (1,095,790.57) - 966,793.63 Housing Fund 1,957,131.24 554,224.63 (1,589.00) - 2,509,766.87 CDBG (12,720.00) 12,720.00 (92,924.06) - (92,924.06)
$ 9,896,376.62 $ 2,800,061.42 $ (1,680,470.83) $ 71,730.90 $ 11,087,698.11 GRAND TOTAL $ 69,667,384.10 $ 37,990,727.24 $ (33,586,568.21) $ (970.58) $ 74,070,572.55 Bank Accounts-Balances 5/31/25 Bank Accounts
B of Stkn -Gen 390,914.48 B of Stkn -Gen 132,206.58
Petty Cash 700.00 Petty Cash 700.00
Police - petty cash 400.00 Police - petty cash 400.00
Petty Cash - A/C 200.00 Petty Cash - A/C 200.00
B of Stkn.-PR 6,000.00 B of Stkn.-PR 6,000.00
B of Stkn.-Rec 89,644.23 B of Stkn.-Rec 94,997.50
B of Stkn.-PD Voucher Pro 5,089.89 B of Stkn.-PD Voucher Prog 5,089.89 B of America-Prkg Cit. 31,354.23 B of America-Prkg Cit. 32,462.23 LAIF 400,320.09 LAIF 400,320.09
Bk of New York 22,962,439.41 Bk of New York 23,128,500.90 CAMP 46,062,739.20 CAMP 48,430,241.13
US Bank Sec 115 Trust 1,743,751.51 US Bank Sec 115 Trust 1,838,207.59 Redev. Debt - 2020 1.00 Redev. Debt - 2020 1.00
Water Bonds-2006 1,039.95 Water Bonds-2006 1,043.64
Water Bonds-2012 201.29 Water Bonds-2012 202.00
BANK TOTALS $ 71,694,795.28 BANK TOTALS $ 74,070,572.55

TOTAL RESTRICTED FUNDS

CITY OF RIPON

FUND BALANCES SUMMARY

TOTAL CAPITAL FUNDS

TOTAL OPERATING FUNDS
2024-2025
June-25
\\rcityfs2\users\lroos\My Documents\Month End\06.2025\11. cash June 2025 FINAL.xlsx - Summary Fund Balances 2025.06.30

2.A.b
Packet Pg. 161 Attachment: Fund Balances 2025.06.30 (4900 : Annual AB1600 Report - PFFP Capital Funds)

CITY OF RIPON
July 1, 2024 - June 30, 2025

DEVELOPMENT IMPACT FEE

ANNUAL REPORT
AB1600:
24-25 PFFP Report

2.A.c
Packet Pg. 162 Attachment: 24-25 PFFP Report (4900 : Annual AB1600 Report - PFFP Capital Funds) Page
Summary 1-3
Attachment 1: AB1600: DEVELOPMENT IMPACT FEE ANNUAL REPORT 4-14 Corporation Yard Fee 4-5
Library Fee 6
Parks Fee 7
Police Fee 8
City Hall Fee 9
Refuse Fee 10
Storm Drain Fee 11
Transportation Fee 12
Wastewater Fee 13
Water Fee 14

TABLE OF CONTENTS
24-25 PFFP Report

2.A.c
Packet Pg. 163 Attachment: 24-25 PFFP Report (4900 : Annual AB1600 Report - PFFP Capital Funds)

Page 1 ends

Ripon City CouncilDecember 9, 2025

Ripon City Council
December 9, 2025