City Council / Local Redevelopment Authority / Public Financing Authority
June 23, 2026

Expenditures by Department
Historical Expenditures by Department
Workers Comp Liability
FY27 Expenditures by Department
Workers Comp Liability $553,705 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Workers Comp Liability $382,497.00 $436,792.00 $498,523.00 $507,500.00 $553,705.00 9.10% Total Expenditures $382,497.00 $436,792.00 $498,523.00 $507,500.00 $553,705.00 9.10% $$443377KK
$$449999KK
$$555544KK
FY2025 FY2026 FY2027
0 $200K
$400K
$600K
554K
Expenditures by Department
Workers Comp Liability Reserve Fund 137
Proposed Budget FY 2026-27 | Riverbank Page 62

General Liability Reserve Fund 138
This fund's purpose is to track transactions for insurance, surety bonds, and costs associated with liability claims.

General Liability Reserve Fund Comprehensive Fund
Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $83,080.00 $99,945.00 -$663,950.00 -$663,950.00 $72,627.00 Revenues
Charges for Services $519,500.00 $676,860.05 $114,840.00 $857,300.00 $844,577.00 Total Revenues $519,500.00 $676,860.05 $114,840.00 $857,300.00 $844,577.00 Expenditures
Professional Services - $6,596.64 - - -
Services/ Supplies $502,634.48 $694,582.10 $689,557.00 $857,300.00 $844,577.00 Capital Expenses/ Projects - - - $3,000.00 $3,000.00
Total Expenditures $502,634.48 $701,178.74 $689,557.00 $860,300.00 $847,577.00 Total Revenues Less Expenditures $16,865.52 -$24,318.69 -$574,717.00 -$3,000.00 -$3,000.00 Ending Fund Balance $99,945.52 $75,626.31 -$1,238,667.00 -$666,950.00 $69,627.00 General Liability Fund 138
Proposed Budget FY 2026-27 | Riverbank Page 63

General Liability Reserve Fund Summary
Revenues vs Expenditures Summary
Revenues by Revenue Source
Historical Revenue by Revenue Source
Charges for Services
Revenue Actual Revenue Budgeted Expenditures Actual
Expenditures Budgeted
2025 2026 2027
0 $250K
$500K
$750K
$1,000K
$$667777KK
$$111155KK
$$884455KK
FY2025 FY2026 FY2027
0 $250K
$500K
$750K
$1,000K
General Liability Fund 138
Proposed Budget FY 2026-27 | Riverbank Page 64

FY27 Revenues by Revenue Source
Charges for Services $844,577 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $519,500.00 $676,860.05 $114,840.00 $857,300.00 $844,577.00 -1.48% Total Revenues $519,500.00 $676,860.05 $114,840.00 $857,300.00 $844,577.00 -1.48% Expenditures by Department
Historical Expenditures by Department
General Liability
845K
Revenues by Revenue Source
$$770011KK $$669900KK
$$884488KK
FY2025 FY2026 FY2027
0 $250K
$500K
$750K
$1,000K
General Liability Fund 138
Proposed Budget FY 2026-27 | Riverbank Page 65

FY27 Expenditures by Department
General Liability $847,577 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
General Liability $502,634.48 $701,178.74 $689,557.00 $860,300.00 $847,577.00 -1.48% Total Expenditures $502,634.48 $701,178.74 $689,557.00 $860,300.00 $847,577.00 -1.48% 848K
Expenditures by Department
General Liability Fund 138
Proposed Budget FY 2026-27 | Riverbank Page 66

Public Works Grant Fund 151
This fund's purpose is to track transactions for insurance, surety bonds, and costs associated with liability claims.

Public Works Grant Fund Comprehensive Fund Summary
Public Works Grant Fund Summary
Revenues vs Expenditures Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $144,693.00 -$129,834.00 -$57,277.00 -$57,277.00 -$4,026.00 Revenues
Grants $286,716.93 $466,495.57 $1,652,440.24 $3,485,409.00 $3,020,281.00 Interest Income $3,725.83 $1,104.63 - $500.00 -
Total Revenues $290,442.76 $467,600.20 $1,652,440.24 $3,485,909.00 $3,020,281.00 Expenditures
Capital Expenses/ Projects $564,970.82 $395,042.22 $1,919,418.70 $2,777,409.00 $2,998,186.00 Transfers Out - - $40,512.37 - -
Total Expenditures $564,970.82 $395,042.22 $1,959,931.07 $2,777,409.00 $2,998,186.00 Total Revenues Less Expenditures -$274,528.06 $72,557.98 -$307,490.83 $708,500.00 $22,095.00 Ending Fund Balance -$129,835.06 -$57,276.02 -$364,767.83 $651,223.00 $18,069.00 Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Actual Expenditures Budgeted
2025 2026 2027
0 $1M
$2M
$3M
$4M
Public Works Grant Fund 151
Proposed Budget FY 2026-27 | Riverbank Page 67

Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Grants
FY27 Revenues by Revenue Source
Grants $3,020,281 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026 Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Grants $286,716.93 $466,495.57 $1,652,440.24 $3,485,409.00 $3,020,281.00 -13.35% Interest Income $3,725.83 $1,104.63 - $500.00 - -100.00% Total Revenues $290,442.76 $467,600.20 $1,652,440.24 $3,485,909.00 $3,020,281.00 -13.36% $0M
$2M
$3M
FY2025 FY2026 FY2027
0 $1M
$2M
$3M
$4M

3.02M
Revenues by Revenue Source
Public Works Grant Fund 151
Proposed Budget FY 2026-27 | Riverbank Page 68

Expenditures by Department
Historical Expenditures by Department
Sys Dev - Public Works
FY27 Expenditures by Department
Sys Dev - Public Works $2,998,186 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026 Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Sys Dev - Public Works $564,970.82 $395,042.22 $1,959,931.07 $2,777,409.00 $2,998,186.00 7.95% Total Expenditures $564,970.82 $395,042.22 $1,959,931.07 $2,777,409.00 $2,998,186.00 7.95% $0M
$2M
$3M
FY2025 FY2026 FY2027
0 $1M
$2M
$3M
$4M
3M
Expenditures by Department
Public Works Grant Fund 151
Proposed Budget FY 2026-27 | Riverbank Page 69

ESG Funding Fund 152
This fund purpose is to account for funding received from Emergency Solutions Grant Program (ESG) that provides funds for a variety of activities to address homelessness.

ESG Funding Fund Comprehensive Fund Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance -$58,930.00 -$612,798.00 $5,963.00 $5,963.00 - Revenues
Grants $106,992.76 - - - -
Interest Income - $11.59 $6.84 - -
Transfers In - $638,500.00 - $366,005.00 -
Total Revenues $106,992.76 $638,511.59 $6.84 $366,005.00 - Expenditures
Professional Services $18,844.87 $2,698.11 -$208.70 $353,205.00 - Services/ Supplies -$1,418.61 $331.76 $341.70 $500.00 - Utilities $13,185.10 $13,306.66 $4,037.90 $15,000.00 -
Capital Expenses/ Projects $630,249.18 $5,264.91 - - -
Total Expenditures $660,860.54 $21,601.44 $4,170.90 $368,705.00 - Total Revenues Less Expenditures -$553,867.78 $616,910.15 -$4,164.06 -$2,700.00 - Ending Fund Balance -$612,797.78 $4,112.15 $1,798.94 $3,263.00 - ESG Funding Fund 152
Proposed Budget FY 2026-27 | Riverbank Page 70

ESG Funding Fund Summary
Revenues vs Expenditures Summary
Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Transfers In
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Grants $106,992.76 - - - - -
Interest Income - $11.59 $6.84 - - -
Transfers In - $638,500.00 - $366,005.00 - -100.00%
Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Actual Expenditures Budgeted
2025 2026 2027
0 $200K
$400K
$600K
$800K
$$663399KK
$0K 0
FY2025 FY2026 FY2027
0 $250K
$500K
$750K
Revenues by Revenue Source
ESG Funding Fund 152
Proposed Budget FY 2026-27 | Riverbank Page 71

Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Total Revenues $106,992.76 $638,511.59 $6.84 $366,005.00 - -100.00% Expenditures by Department
Historical Expenditures by Department
Esg Homelessness Funding
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Esg Homelessness Funding $660,860.54 $21,601.44 $4,170.90 $368,705.00 - -100.00% Total Expenditures $660,860.54 $21,601.44 $4,170.90 $368,705.00 - -100.00% $22K
$4K
0 FY2025 FY2026 FY2027
0 $10K
$20K
$30K
Expenditures by Department
ESG Funding Fund 152
Proposed Budget FY 2026-27 | Riverbank Page 72

Assessment Distruct Fund 156
This fund is to account for district fees collected and related costs to operate the city's various districts.

Assessment District Fund Comprehensive Fund Summary
Assessment District Fund Summary
Revenues vs Expenditures Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $272,567.00 $261,306.00 $244,755.00 $244,755.00 $51,274.00 Revenues
Charges for Services - $305.55 -$305.55 - -
Interest Income $625.70 $7,110.23 $4,769.16 - -
Transfers In - $211,226.22 - - -
Total Revenues $625.70 $218,642.00 $4,463.61 - -
Expenditures
Capital Expenses/ Projects - $235,193.82 $197,944.04 $225,000.00 $32,300.00 Transfers Out $11,886.04 - - - -
Total Expenditures $11,886.04 $235,193.82 $197,944.04 $225,000.00 $32,300.00 Total Revenues Less Expenditures -$11,260.34 -$16,551.82 -$193,480.43 -$225,000.00 -$32,300.00 Ending Fund Balance $261,306.66 $244,754.18 $51,274.57 $19,755.00 $18,974.00 Revenue Actual Revenue Budgeted Expenditures Actual
Expenditures Budgeted
2025 2026 2027
0 $50K
$100K
$150K
$200K
$250K
Assessment District Fund 156
Proposed Budget FY 2026-27 | Riverbank Page 73

Revenues by Revenue Source
Historical Revenue by Revenue Source
Charges for Services Interest Income Transfers In
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services - $305.55 -$305.55 - - -
Interest Income $625.70 $7,110.23 $4,769.16 - - -
Transfers In - $211,226.22 - - - -
Total Revenues $625.70 $218,642.00 $4,463.61 - - -
Expenditures by Department
Historical Expenditures by Department
Assessment Dist #1991-1
$$221199KK
$4K 0
FY2025 FY2026 FY2027
-$100K
0 $100K
$200K
$300K
Revenues by Revenue Source
$$223355KK
$$119988KK
$32K
FY2025 FY2026 FY2027
0 $100K
$200K
$300K
Assessment District Fund 156
Proposed Budget FY 2026-27 | Riverbank Page 74

FY27 Expenditures by Department
Assessment Dist #1991-1 $32,300 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Assessment Dist #1991-1 $11,886.04 $235,193.82 $197,944.04 $225,000.00 $32,300.00 -85.64% Total Expenditures $11,886.04 $235,193.82 $197,944.04 $225,000.00 $32,300.00 -85.64%

32.3K
Expenditures by Department
Assessment District Fund 156
Proposed Budget FY 2026-27 | Riverbank Page 75

Quimby Fees Fund 162
This fund's purpose is to account for park impact fees collected to mitigate additional city costs due to new construction.

Quimby Fees Fund Comprehensive Fund Summary
Quimby Fees Fund Summary
Revenues vs Expenditures Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $240,986.00 $294,285.00 $302,185.00 $302,185.00 $391,472.00 Revenues
Charges for Services $53,300.00 $339.50 $82,735.50 - -
Interest Income - $7,559.92 $6,551.80 - -
Total Revenues $53,300.00 $7,899.42 $89,287.30 - -
Expenditures
Total Expenditures - - - - -
Total Revenues Less Expenditures $53,300.00 $7,899.42 $89,287.30 - - Ending Fund Balance $294,286.00 $302,184.42 $391,472.30 $302,185.00 $391,472.00 Revenue Actual Revenue Budgeted Expenditures Budgeted
2025 2026 2027
0 $20K
$40K
$60K
$80K
$100K
Quimby Fees Fund 162
Proposed Budget FY 2026-27 | Riverbank Page 76

Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Charges for Services
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $53,300.00 $339.50 $82,735.50 - - - Interest Income - $7,559.92 $6,551.80 - - -
Total Revenues $53,300.00 $7,899.42 $89,287.30 - - -
$8K
$89K
0 FY2025 FY2026 FY2027
0 $25K
$50K
$75K
$100K
Revenues by Revenue Source
Quimby Fees Fund 162
Proposed Budget FY 2026-27 | Riverbank Page 77

Cheese and Wine Fund 163
The fund's purpose is to account for revenues and expenditures of the annual Cheese and Wine event.

Cheese and Wine Fund Comprehensive Fund Summary
Cheese and Wine Fund Summary
Revenues vs Expenditures Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $8,533.00 $6,681.00 $1,930.00 $1,930.00 $13,218.00 Revenues
Charges for Services $62,421.50 $47,485.91 $58,382.02 $50,875.00 $53,350.00 Interest Income - $1.90 $98.06 - -
Transfers In $24,674.00 - - - -
Total Revenues $87,095.50 $47,487.81 $58,480.08 $50,875.00 $53,350.00 Expenditures
Professional Services $85,598.30 $35,056.90 $25,167.69 $21,596.00 $25,650.00 Services/ Supplies $3,349.13 $17,396.81 $21,063.48 $29,878.00 $30,940.00 Total Expenditures $88,947.43 $52,453.71 $46,231.17 $51,474.00 $56,590.00 Total Revenues Less Expenditures -$1,851.93 -$4,965.90 $12,248.91 -$599.00 -$3,240.00 Ending Fund Balance $6,681.07 $1,715.10 $14,178.91 $1,331.00 $9,978.00 Revenue Actual Revenue Budgeted Expenditures Actual
Expenditures Budgeted
2025 2026 2027
0 $20K
$40K
$60K
$80K
Cheese and Wine Fund 163
Proposed Budget FY 2026-27 | Riverbank Page 78

Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Charges for Services
FY27 Revenues by Revenue Source
Charges for Services $53,350 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $62,421.50 $47,485.91 $58,382.02 $50,875.00 $53,350.00 4.86% Interest Income - $1.90 $98.06 - - -
Transfers In $24,674.00 - - - - -
Total Revenues $87,095.50 $47,487.81 $58,480.08 $50,875.00 $53,350.00 4.86% $47K
$58K
$53K
FY2025 FY2026 FY2027
0 $25K
$50K
$75K

53.4K
Revenues by Revenue Source
Cheese and Wine Fund 163
Proposed Budget FY 2026-27 | Riverbank Page 79

Expenditures by Department
Historical Expenditures by Department
Recreation
FY27 Expenditures by Department
Recreation $56,590 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Recreation $88,947.43 $52,453.71 $46,231.17 $51,474.00 $56,590.00 9.94% Total Expenditures $88,947.43 $52,453.71 $46,231.17 $51,474.00 $56,590.00 9.94% $52K
$46K
$57K
FY2025 FY2026 FY2027
0 $20K
$40K
$60K

56.6K
Expenditures by Department
Cheese and Wine Fund 163
Proposed Budget FY 2026-27 | Riverbank Page 80

Public Safety Augmentation Fund 176
This fund accounts for the City's allocation of revenues from California Proposition 172, a statewide one-half cent sales tax approved by voters in 1993 to support local public safety services. Revenues are restricted for public safety purposes and are used primarily to offset law enforcement and other eligible public safety expenditures.

For the City of Riverbank, these revenues are used to partially fund contracted law enforcement services provided through the Stanislaus County Sheriff's Office.

Public Safety Augmentation Fund Comprehensive Fund
Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance -$135,152.00 -$125,888.00 $7,398.00 $7,398.00 $27,132.00 Revenues
Charges for Services $169,264.03 $193,182.10 $158,424.24 $160,000.00 $160,000.00 Interest Income - $103.80 $1,310.21 - -
Total Revenues $169,264.03 $193,285.90 $159,734.45 $160,000.00 $160,000.00 Expenditures
Transfers Out $160,000.00 $60,000.00 - $140,000.00 $150,000.00 Total Expenditures $160,000.00 $60,000.00 - $140,000.00 $150,000.00 Total Revenues Less Expenditures $9,264.03 $133,285.90 $159,734.45 $20,000.00 $10,000.00 Ending Fund Balance -$125,887.97 $7,397.90 $167,132.45 $27,398.00 $37,132.00 Public Safety Augmentation Fund 176
Proposed Budget FY 2026-27 | Riverbank Page 81

Public Safety Augmentation Fund Summary
Revenues vs Expenditures Summary
Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Charges for Services
Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Actual Expenditures Budgeted
2025 2026 2027
0 $50K
$100K
$150K
$200K
$250K
$$119933KK
$$116600KK $$116600KK
FY2025 FY2026 FY2027
0 $50K
$100K
$150K
$200K
$250K
Public Safety Augmentation Fund 176
Proposed Budget FY 2026-27 | Riverbank Page 82

FY27 Revenues by Revenue Source
Charges for Services $160,000 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $169,264.03 $193,182.10 $158,424.24 $160,000.00 $160,000.00 - Interest Income - $103.80 $1,310.21 - - -
Total Revenues $169,264.03 $193,285.90 $159,734.45 $160,000.00 $160,000.00 - Expenditures by Department
Historical Expenditures by Department
Public Safety
160K
Revenues by Revenue Source
$60K
0 $$115500KK
FY2025 FY2026 FY2027
0 $50K
$100K
$150K
$200K
Public Safety Augmentation Fund 176
Proposed Budget FY 2026-27 | Riverbank Page 83

FY27 Expenditures by Department
Public Safety $150,000 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Public Safety $160,000.00 $60,000.00 - $140,000.00 $150,000.00 7.14% Total Expenditures $160,000.00 $60,000.00 - $140,000.00 $150,000.00 7.14% 150K
Expenditures by Department
Public Safety Augmentation Fund 176
Proposed Budget FY 2026-27 | Riverbank Page 84

Facility Improvement Fund 180
The fund's purpose is to account for fees collected from facility rentals for future improvements.

Facility Improvement Fund Comprehensive Fund Summary
Facility Improvement Fund Summary
Revenues vs Expenditures Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $18,649.00 $29,169.00 $29,293.00 $29,293.00 $30,871.00 Revenues
Charges for Services $10,520.00 $9,575.00 $1,250.00 $9,000.00 $7,000.00 Interest Income - $49.24 $328.13 - $200.00
Total Revenues $10,520.00 $9,624.24 $1,578.13 $9,000.00 $7,200.00 Expenditures
Services/ Supplies - $9,500.00 - - $26,688.00
Total Expenditures - $9,500.00 - - $26,688.00
Total Revenues Less Expenditures $10,520.00 $124.24 $1,578.13 $9,000.00 -$19,488.00 Ending Fund Balance $29,169.00 $29,293.24 $30,871.13 $38,293.00 $11,383.00 Revenue Actual Revenue Budgeted Expenditures Actual
Expenditures Over Budget Expenditures Budgeted
2025 2026 2027
0 $5K
$10K
$15K
$20K
$25K
$30K
Facility Improvement Fund 180
Proposed Budget FY 2026-27 | Riverbank Page 85

Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Charges for Services
FY27 Revenues by Revenue Source
Charges for Services $7,000 97.22%
Interest Income $200 2.78%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $10,520.00 $9,575.00 $1,250.00 $9,000.00 $7,000.00 -22.22% Interest Income - $49.24 $328.13 - $200.00 -
Total Revenues $10,520.00 $9,624.24 $1,578.13 $9,000.00 $7,200.00 -20.00% $10K
$2K
$7K
FY2025 FY2026 FY2027
0 $3K
$5K
$8K
$10K
$13K

7.2K
Revenues by Revenue Source
Facility Improvement Fund 180
Proposed Budget FY 2026-27 | Riverbank Page 86

Expenditures by Department
Historical Expenditures by Department
Recreation
FY27 Expenditures by Department
Recreation $26,688 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Recreation - $9,500.00 - - $26,688.00 -
Total Expenditures - $9,500.00 - - $26,688.00 -
$10K
0 $27K
FY2025 FY2026 FY2027
0 $10K
$20K
$30K

26.7K
Expenditures by Department
Facility Improvement Fund 180
Proposed Budget FY 2026-27 | Riverbank Page 87

CFD 2016-1 Fund 181
This fund's purpose is to account for developer assessments associated with lighting and landscape maintenance, storm drains and public safety.

CFD 2016-1 Fund Comprehensive Fund Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $304,474.00 $370,775.00 $536,671.00 $536,671.00 $729,790.00 Revenues
Charges for Services $169,717.56 $301,936.37 $406,627.85 $302,000.00 $407,000.00 Interest Income - $8,034.72 $8,499.41 - $6,000.00
Total Revenues $169,717.56 $309,971.09 $415,127.26 $302,000.00 $413,000.00 Expenditures
Professional Services $2,894.50 $16,548.20 $6,689.30 $21,000.00 $22,500.00 Services/ Supplies $49,002.68 $87,527.10 $138,272.82 $75,500.00 $156,500.00 Utilities - - $8,545.78 $1,100.00 $14,000.00
Capital Expenses/ Projects $11,519.00 - - - -
Transfers Out $40,000.00 $40,000.00 - $50,000.00 $60,000.00 Total Expenditures $103,416.18 $144,075.30 $153,507.90 $147,600.00 $253,000.00 Total Revenues Less Expenditures $66,301.38 $165,895.79 $261,619.36 $154,400.00 $160,000.00 Ending Fund Balance $370,775.38 $536,670.79 $798,290.36 $691,071.00 $889,790.00 CFD 2016-1 Fund 181
Proposed Budget FY 2026-27 | Riverbank Page 88

CFD 2016-1 Fund Summary
Revenues vs Expenditures Summary
Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Charges for Services
Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Actual Expenditures Over Budget Expenditures Budgeted 2025 2026 2027
0 $100K
$200K
$300K
$400K
$500K
$$331100KK
$$441155KK $$441133KK
FY2025 FY2026 FY2027
0 $200K
$400K
$600K
CFD 2016-1 Fund 181
Proposed Budget FY 2026-27 | Riverbank Page 89

FY27 Revenues by Revenue Source
Charges for Services $407,000 98.55%
Interest Income $6,000 1.45%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $169,717.56 $301,936.37 $406,627.85 $302,000.00 $407,000.00 34.77% Interest Income - $8,034.72 $8,499.41 - $6,000.00 -
Total Revenues $169,717.56 $309,971.09 $415,127.26 $302,000.00 $413,000.00 36.75% Expenditures by Department
Historical Expenditures by Department
Community Facilities District
413K
Revenues by Revenue Source
$$114444KK
$$115544KK
$$225533KK
FY2025 FY2026 FY2027
0 $100K
$200K
$300K
CFD 2016-1 Fund 181
Proposed Budget FY 2026-27 | Riverbank Page 90

FY27 Expenditures by Department
Community Facilities District $253,000 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Community Facilities District $103,416.18 $144,075.30 $153,507.90 $147,600.00 $253,000.00 71.41% Total Expenditures $103,416.18 $144,075.30 $153,507.90 $147,600.00 $253,000.00 71.41% 253K
Expenditures by Department
CFD 2016-1 Fund 181
Proposed Budget FY 2026-27 | Riverbank Page 91

Riverbank Teen Donation Fund 196
This fund's purpose is to account for donation revenues received for the Teen Center.

Riverbank Teen Donation Fund Comprehensive Fund
Summary
Riverbank Teen Center Donation Fund Summary
Revenues vs Expenditures Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $7,010.00 $9,179.00 $9,883.00 $9,883.00 $9,984.00 Revenues
Charges for Services $2,428.11 $685.99 - $800.00 $200.00 Interest Income - $16.82 $102.00 - -
Total Revenues $2,428.11 $702.81 $102.00 $800.00 $200.00 Expenditures
Capital Expenses/ Projects $258.40 - - - -
Total Expenditures $258.40 - - - -
Total Revenues Less Expenditures $2,169.71 $702.81 $102.00 $800.00 $200.00 Ending Fund Balance $9,179.71 $9,881.81 $9,985.00 $10,683.00 $10,184.00 Revenue Actual Revenue Budgeted Expenditures Budgeted
2025 2026 2027
0 $250
$500
$750
$1,000
$1,250
Riverbank Teen Center Donation Fund 196
Proposed Budget FY 2026-27 | Riverbank Page 92

Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Charges for Services
FY27 Revenues by Revenue Source
Charges for Services $200 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $2,428.11 $685.99 - $800.00 $200.00 -75.00% Interest Income - $16.82 $102.00 - - -
Total Revenues $2,428.11 $702.81 $102.00 $800.00 $200.00 -75.00% $703
$102
$200
FY2025 FY2026 FY2027
0 $250
$500
$750
200
Revenues by Revenue Source
Riverbank Teen Center Donation Fund 196
Proposed Budget FY 2026-27 | Riverbank Page 93

Measure L Fund 229
Stanislaus County Measure L is a voter-approved 1/2-cent add-on sales tax dedicated to funding transportation improvements throughout the county. The primary goals of Measure L are to enhance the condition of local streets and roads, improve regional connectivity, and reduce traffic congestion. Revenue generated by this measure supports a range of transportation projects, including road maintenance and repair, safety enhancements, bike and pedestrian pathway development, and transit system upgrades. Funds are allocated to cities and the county based on a formula established in the Measure L Expenditure Plan, ensuring local control and accountability. This long-term investment helps create a safer, more efficient, and better-connected transportation network for all residents and visitors.

Measure L Fund Comprehensive Fund Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025 Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $2,814,880.00 $2,779,273.00 $1,512,063.00 $1,512,063.00 $1,839,936.00 Revenues
Charges for Services $1,330,893.10 $1,333,359.65 $892,439.33 $1,168,400.00 $1,337,500.00 Interest Income - $60,366.44 $43,935.82 - $45,000.00
Total Revenues $1,330,893.10 $1,393,726.09 $936,375.15 $1,168,400.00 $1,382,500.00 Expenditures
Capital Expenses/ Projects $1,358,073.03 $2,660,936.77 $371,704.94 $1,640,993.00 $1,218,318.00 Total Expenditures $1,358,073.03 $2,660,936.77 $371,704.94 $1,640,993.00 $1,218,318.00 Total Revenues Less Expenditures -$27,179.93 -$1,267,210.68 $564,670.21 -$472,593.00 $164,182.00 Ending Fund Balance $2,787,700.07 $1,512,062.32 $2,076,733.21 $1,039,470.00 $2,004,118.00 Measure L Fund 229
Proposed Budget FY 2026-27 | Riverbank Page 94

Measure L Fund Summary
Revenues vs Expenditures Summary
Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Charges for Services
Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Actual Expenditures Budgeted
2025 2026 2027
0 $1M
$2M
$3M
$4M
$5M
$$$111,,,333999444KKK
$$993366KK
$$$111,,,333888333KKK
FY2025 FY2026 FY2027
0 $500K
$1,000K
$1,500K
Measure L Fund 229
Proposed Budget FY 2026-27 | Riverbank Page 95

FY27 Revenues by Revenue Source
Charges for Services $1,337,500 96.75%
Interest Income $45,000 3.25%
Category FY 2024 Actual FY 2025 Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $1,330,893.10 $1,333,359.65 $892,439.33 $1,168,400.00 $1,337,500.00 14.47% Interest Income - $60,366.44 $43,935.82 - $45,000.00 -
Total Revenues $1,330,893.10 $1,393,726.09 $936,375.15 $1,168,400.00 $1,382,500.00 18.32% Expenditures by Department
Historical Expenditures by Department
Measure L Measure L Bike and Pedestrian Measure L Traffic Management Measure L Streets & Roads

1.38M
Revenues by Revenue Source
$3M
$0M
$1M
FY2025 FY2026 FY2027
0 $1M
$2M
$3M
Measure L Fund 229
Proposed Budget FY 2026-27 | Riverbank Page 96

FY27 Expenditures by Department
Measure L Streets & Roads $1,068,318 87.69%
Measure L Bike and Pedestrian $150,000 12.31%
Category FY 2024 Actual FY 2025 Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Measure L Streets & Roads $1,004,407.74 $1,861,012.70 $146,997.48 $1,361,993.00 $1,068,318.00 -21.56% Measure L Traffic
Management
$183,897.01 $761,193.10 $134,832.70 - - -
Measure L Bike and
Pedestrian
$168,184.28 $38,730.97 $86,685.76 $279,000.00 $150,000.00 -46.24% Measure L $1,584.00 - $3,189.00 - - -
Total Expenditures $1,358,073.03 $2,660,936.77 $371,704.94 $1,640,993.00 $1,218,318.00 -25.76%

1.22M
Expenditures by Department
Measure L Fund 229
Proposed Budget FY 2026-27 | Riverbank Page 97

Public Benefit Fund 230
In Riverbank, commercial cannabis businesses—including cultivation, manufacturing, distribution, and retail— are permitted under specific conditions. Prospective operators must obtain a Conditional Use Permit and enter into a Development Agreement with the City. These agreements outline operational standards, community benefit provisions, and financial obligations. The Fund is to account for revenues received from Cannabis Development Agreements.

Public Benefit Fund Comprehensive Fund Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $1,326,554.00 $1,121,052.00 $1,009,806.00 $1,009,806.00 $827,407.00 Revenues
Charges for Services $405,335.34 $445,179.54 $402,908.38 $446,000.00 $469,000.00 Interest Income - $30,423.23 $23,441.71 - $15,000.00
Total Revenues $405,335.34 $475,602.77 $426,350.09 $446,000.00 $484,000.00 Expenditures
Professional Services $190,836.78 $162,489.84 $164,134.27 $206,000.00 $210,000.00 Transfers Out $420,000.00 $424,360.00 - $438,250.00 $450,000.00 Total Expenditures $610,836.78 $586,849.84 $164,134.27 $644,250.00 $660,000.00 Total Revenues Less Expenditures -$205,501.44 -$111,247.07 $262,215.82 -$198,250.00 -$176,000.00 Ending Fund Balance $1,121,052.56 $1,009,804.93 $1,272,021.82 $811,556.00 $651,407.00 Public Benefit Fund 230
Proposed Budget FY 2026-27 | Riverbank Page 98

Public Benefit Fund Summary
Revenues vs Expenditures Summary
Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Charges for Services
Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Actual Expenditures Budgeted
2025 2026 2027
0 $200K
$400K
$600K
$800K
$$447766KK
$$442266KK
$$448844KK
FY2025 FY2026 FY2027
0 $200K
$400K
$600K
Public Benefit Fund 230
Proposed Budget FY 2026-27 | Riverbank Page 99

FY27 Revenues by Revenue Source
Charges for Services $469,000 96.90%
Interest Income $15,000 3.10%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $405,335.34 $445,179.54 $402,908.38 $446,000.00 $469,000.00 5.16% Interest Income - $30,423.23 $23,441.71 - $15,000.00 -
Total Revenues $405,335.34 $475,602.77 $426,350.09 $446,000.00 $484,000.00 8.52% Expenditures by Department
Historical Expenditures by Department
Animal Control
484K
Revenues by Revenue Source
$$558877KK
$$116644KK
$$666600KK
FY2025 FY2026 FY2027
0 $250K
$500K
$750K
Public Benefit Fund 230
Proposed Budget FY 2026-27 | Riverbank Page 100

FY27 Expenditures by Department
Animal Control $660,000 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Animal Control $610,836.78 $586,849.84 $164,134.27 $644,250.00 $660,000.00 2.44% Total Expenditures $610,836.78 $586,849.84 $164,134.27 $644,250.00 $660,000.00 2.44% 660K
Expenditures by Department
Public Benefit Fund 230
Proposed Budget FY 2026-27 | Riverbank Page 101

System Development Funds
System Development Funds are collected through development impact fees assessed on new construction projects within the City. These fees are intended to ensure that new development pays its fair share for the public infrastructure and facilities needed to support community growth.

The revenues from System Development Funds are legally restricted and may only be used to finance capital improvements related to the impacts of new development. This includes infrastructure such as streets, parks, public safety facilities, water and sewer systems, and other public services identified in the City’s development impact fee program.

By using System Development Funds, the City is able to maintain a high level of service and infrastructure quality without placing the financial burden on existing residents and businesses.

System Development Funds Comprehensive Fund Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025 Actual FY 2026 Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $8,303,455.00 $9,576,321.00 $10,879,758.00 $10,879,758.00 $10,970,900.00 Revenues
Charges for Services $1,562,950.60 $1,114,716.74 $1,833,722.51 $650,550.00 $814,250.00 Interest Income $94,054.74 $322,280.73 $204,746.32 $66,400.00 $100,900.00 Transfers In $315,000.00 - $325,408.17 $36,517.00 -
Total Revenues $1,972,005.34 $1,436,997.47 $2,363,877.00 $753,467.00 $915,150.00 Expenditures
Professional Services - $9,706.88 - - -
Capital Expenses/ Projects $599,619.67 - $8,383,355.47 $2,493,882.00 $2,154,293.00 Transfers Out $119,259.99 $123,856.55 - $156,188.00 $185,392.00 Total Expenditures $718,879.66 $133,563.43 $8,383,355.47 $2,650,070.00 $2,339,685.00 Total Revenues Less Expenditures $1,253,125.68 $1,303,434.04 -$6,019,478.47 -$1,896,603.00 -$1,424,535.00 Ending Fund Balance $9,556,580.68 $10,879,755.04 $4,860,279.53 $8,983,155.00 $9,546,365.00 System Development Funds
Proposed Budget FY 2026-27 | Riverbank Page 102

System Development Funds Summary
Revenues vs Expenditures Summary
Revenues by Revenue Source
Historical Revenue by Revenue Source
Transfers In Interest Income Charges for Services
Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Actual Expenditures Budgeted
2025 2026 2027
0 $2M
$4M
$6M
$8M
$10M
$1M
$2M
$1M
FY2025 FY2026 FY2027
0 $1M
$2M
$3M
System Development Funds
Proposed Budget FY 2026-27 | Riverbank Page 103

FY27 Revenues by Revenue Source
Charges for Services $814,250 88.97%
Interest Income $100,900 11.03%
Category FY 2024 Actual FY 2025 Actual FY 2026 Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $1,562,950.60 $1,114,716.74 $1,833,722.51 $650,550.00 $814,250.00 25.16% Interest Income $94,054.74 $322,280.73 $204,746.32 $66,400.00 $100,900.00 51.96% Transfers In $315,000.00 - $325,408.17 $36,517.00 - -100.00% Total Revenues $1,972,005.34 $1,436,997.47 $2,363,877.00 $753,467.00 $915,150.00 21.46% Expenditures by Department
Historical Expenditures by Department
Sys Dev Wastewater Sys Dev Streets/Pw
915K
Revenues by Revenue Source
$0M
$8M
$2M
FY2025 FY2026 FY2027
0 $3M
$5M
$8M
$10M
System Development Funds
Proposed Budget FY 2026-27 | Riverbank Page 104

FY27 Expenditures by Department
Sys Dev Streets/Pw $2,201,935 94.11%
Sys Dev Wastewater $137,750 5.89%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026 Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Sys Dev Streets/Pw $627,077.66 $32,054.55 $5,699,377.73 $2,534,465.00 $2,201,935.00 -13.12% Sys Dev Wastewater $91,802.00 $101,508.88 $2,683,977.74 $115,605.00 $137,750.00 19.16% Total Expenditures $718,879.66 $133,563.43 $8,383,355.47 $2,650,070.00 $2,339,685.00 -11.71%

2.34M
Expenditures by Department
System Development Funds
Proposed Budget FY 2026-27 | Riverbank Page 105

System Development - Bridges/Roads Fund
140
This fund accounts for fees collected to support the construction of bridges, roads, and other improvements necessary to maintain traffic flow and safety on City streets. This System Development Fee is no longer actively collecting revenue.

System Development - Bridges/Roads Fund Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $36,624.00 $37,859.00 $38,662.00 $38,662.00 $39,090.00 Revenues
Interest Income $1,234.67 $803.63 $427.31 $150.00 $200.00 Total Revenues $1,234.67 $803.63 $427.31 $150.00 $200.00 Expenditures
Total Expenditures - - - - -
Total Revenues Less Expenditures $1,234.67 $803.63 $427.31 $150.00 $200.00 Ending Fund Balance $37,858.67 $38,662.63 $39,089.31 $38,812.00 $39,290.00 Bridges/Roads Fund 140
Proposed Budget FY 2026-27 | Riverbank Page 106

Bridges/Roads Fund Summary
Revenues vs Expenditures Summary
Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income
Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Budgeted
2025 2026 2027
0 $200
$400
$600
$800
$1,000
$804
$427
$200
FY2025 FY2026 FY2027
0 $250
$500
$750
$1,000
Bridges/Roads Fund 140
Proposed Budget FY 2026-27 | Riverbank Page 107

FY27 Revenues by Revenue Source
Interest Income $200 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Interest Income $1,234.67 $803.63 $427.31 $150.00 $200.00 33.33% Total Revenues $1,234.67 $803.63 $427.31 $150.00 $200.00 33.33% 200
Revenues by Revenue Source
Bridges/Roads Fund 140
Proposed Budget FY 2026-27 | Riverbank Page 108

System Development - Overpasses Fund 145
The purpose of this fund was to finance the construction and improvements needed to provide a second crossing over the railroad tracks at Kentucky Ave. The council has determined that a second crossing at Kentucky is no longer feasible. Therefore, the funds have been re-allocated to a second crossing at Santa Fe Street.

System Development - Overpasses Fund Summary
Overpasses Fund Summary
Revenues vs Expenditures Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $194,844.00 $202,956.00 $208,158.00 $208,158.00 $210,468.00 Revenues
Interest Income $8,111.73 $5,201.75 $2,309.79 $1,250.00 $1,200.00 Total Revenues $8,111.73 $5,201.75 $2,309.79 $1,250.00 $1,200.00 Expenditures
Total Expenditures - - - - -
Total Revenues Less Expenditures $8,111.73 $5,201.75 $2,309.79 $1,250.00 $1,200.00 Ending Fund Balance $202,955.73 $208,157.75 $210,467.79 $209,408.00 $211,668.00 Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Budgeted
2025 2026 2027
0 $1K
$2K
$3K
$4K
$5K
$6K
Overpasses Fund 145
Proposed Budget FY 2026-27 | Riverbank Page 109

Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income
FY27 Revenues by Revenue Source
Interest Income $1,200 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Interest Income $8,111.73 $5,201.75 $2,309.79 $1,250.00 $1,200.00 -4.00% Total Revenues $8,111.73 $5,201.75 $2,309.79 $1,250.00 $1,200.00 -4.00% $5K
$2K
$1K
FY2025 FY2026 FY2027
0 $2K
$4K
$6K

1.2K
Revenues by Revenue Source
Overpasses Fund 145
Proposed Budget FY 2026-27 | Riverbank Page 110

System Development - RR Crossing Fund
146
The purpose of this fund was to account for fees collected to finance the improvement needed for the railroad crossing safety needs of the citizens. This System Development Fee is no longer actively collecting revenue.

System Development - RR Crossing Fund Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $185,399.00 $500,399.00 $516,047.00 $516,047.00 $525,857.00 Revenues
Charges for Services - $679.00 -$679.00 - -
Interest Income - $14,969.55 $10,488.91 - $12,000.00
Transfers In $315,000.00 - - - -
Total Revenues $315,000.00 $15,648.55 $9,809.91 - $12,000.00 Expenditures
Total Expenditures - - - - -
Total Revenues Less Expenditures $315,000.00 $15,648.55 $9,809.91 - $12,000.00 Ending Fund Balance $500,399.00 $516,047.55 $525,856.91 $516,047.00 $537,857.00 RR Crossing Fund 146
Proposed Budget FY 2026-27 | Riverbank Page 111

Railroad Crossing Fund Summary
Revenues vs Expenditures Summary
Revenues by Revenue Source
Historical Revenue by Revenue Source
Charges for Services Interest Income
Revenue Actual Revenue Budgeted Expenditures Budgeted
2025 2026 2027
0 $5K
$10K
$15K
$20K
$16K
$10K
$12K
FY2025 FY2026 FY2027
-$5K
0 $5K
$10K
$15K
$20K
RR Crossing Fund 146
Proposed Budget FY 2026-27 | Riverbank Page 112

FY27 Revenues by Revenue Source
Interest Income $12,000 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services - $679.00 -$679.00 - - -
Interest Income - $14,969.55 $10,488.91 - $12,000.00 -
Transfers In $315,000.00 - - - - -
Total Revenues $315,000.00 $15,648.55 $9,809.91 - $12,000.00 - 12K
Revenues by Revenue Source
RR Crossing Fund 146
Proposed Budget FY 2026-27 | Riverbank Page 113

System Development - Streets/PW Fund
205
The purpose of this fund is to account for fees collected to finance the improvements needed for the traffic safety needs of the citizens. The fees provide project funding to accommodate the needs generated by future development within the City.

System Development - Streets/PW Fund Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026 Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $3,487,389.00 $3,526,166.00 $4,114,322.00 $4,114,322.00 $4,821,631.00 Revenues
Charges for Services $594,844.13 $486,156.61 $665,652.00 $300,000.00 $325,000.00 Interest Income $71,009.81 $134,053.53 $76,573.58 $45,000.00 $45,000.00 Transfers In - - $325,408.17 $36,517.00 -
Total Revenues $665,853.94 $620,210.14 $1,067,633.75 $381,517.00 $370,000.00 Expenditures
Capital Expenses/ Projects $599,619.67 - $5,699,377.73 $2,493,882.00 $2,154,293.00 Transfers Out $27,457.99 $32,054.55 - $40,583.00 $47,642.00 Total Expenditures $627,077.66 $32,054.55 $5,699,377.73 $2,534,465.00 $2,201,935.00 Total Revenues Less Expenditures $38,776.28 $588,155.59 -$4,631,743.98 -$2,152,948.00 -$1,831,935.00 Ending Fund Balance $3,526,165.28 $4,114,321.59 -$517,421.98 $1,961,374.00 $2,989,696.00 Streets/PW Fund 205
Proposed Budget FY 2026-27 | Riverbank Page 114

Streets/PW Fund Summary
Revenues vs Expenditures Summary
Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Transfers In Charges for Services
Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Actual Expenditures Budgeted
2025 2026 2027
0 $2M
$4M
$6M
$$662200KK
$$$111,,,000666888KKK
$$337700KK
FY2025 FY2026 FY2027
0 $500K
$1,000K
$1,500K
Streets/PW Fund 205
Proposed Budget FY 2026-27 | Riverbank Page 115

FY27 Revenues by Revenue Source
Charges for Services $325,000 87.84%
Interest Income $45,000 12.16%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026 Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $594,844.13 $486,156.61 $665,652.00 $300,000.00 $325,000.00 8.33% Interest Income $71,009.81 $134,053.53 $76,573.58 $45,000.00 $45,000.00 - Transfers In - - $325,408.17 $36,517.00 - -100.00%
Total Revenues $665,853.94 $620,210.14 $1,067,633.75 $381,517.00 $370,000.00 -3.02% Expenditures by Department
Historical Expenditures by Department
Sys Dev Streets/Pw
370K
Revenues by Revenue Source
$0M
$6M
$2M
FY2025 FY2026 FY2027
0 $2M
$4M
$6M
Streets/PW Fund 205
Proposed Budget FY 2026-27 | Riverbank Page 116

FY27 Expenditures by Department
Sys Dev Streets/Pw $2,201,935 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026 Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Sys Dev Streets/Pw $627,077.66 $32,054.55 $5,699,377.73 $2,534,465.00 $2,201,935.00 -13.12% Total Expenditures $627,077.66 $32,054.55 $5,699,377.73 $2,534,465.00 $2,201,935.00 -13.12%

2.2M
Expenditures by Department
Streets/PW Fund 205
Proposed Budget FY 2026-27 | Riverbank Page 117

System Development - Storm Drainage
Fund 205
The purpose of this fund is to account for fees collected to finance the storm drain improvements needed for the citizens. The fees provide the funding to accommodate needs generated by future development within the City.

System Development - Storm Drainage Fund Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026 Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $1,819,876.00 $2,119,903.00 $2,269,885.00 $2,269,885.00 $814,953.00 Revenues
Charges for Services $288,523.84 $97,650.95 $282,067.29 $75,000.00 $75,000.00 Interest Income $11,503.42 $52,330.01 $37,979.04 $10,000.00 $5,000.00 Total Revenues $300,027.26 $149,980.96 $320,046.33 $85,000.00 $80,000.00 Expenditures
Capital Expenses/ Projects - - $2,683,977.74 - -
Total Expenditures - - $2,683,977.74 - -
Total Revenues Less Expenditures $300,027.26 $149,980.96 -$2,363,931.41 $85,000.00 $80,000.00 Ending Fund Balance $2,119,903.26 $2,269,883.96 -$94,046.41 $2,354,885.00 $894,953.00 Storm Drainage Fund 208
Proposed Budget FY 2026-27 | Riverbank Page 118

Storm Drainage Fund Summary
Revenues vs Expenditures Summary
Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Charges for Services
Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Actual Expenditures Budgeted
2025 2026 2027
0 $500K
$1,000K
$1,500K
$2,000K
$2,500K
$3,000K
$$115500KK
$$332200KK
$80K
FY2025 FY2026 FY2027
0 $100K
$200K
$300K
$400K
Storm Drainage Fund 208
Proposed Budget FY 2026-27 | Riverbank Page 119

FY27 Revenues by Revenue Source
Charges for Services $75,000 93.75%
Interest Income $5,000 6.25%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $288,523.84 $97,650.95 $282,067.29 $75,000.00 $75,000.00 - Interest Income $11,503.42 $52,330.01 $37,979.04 $10,000.00 $5,000.00 -50.00% Total Revenues $300,027.26 $149,980.96 $320,046.33 $85,000.00 $80,000.00 -5.88% 80K
Revenues by Revenue Source
Storm Drainage Fund 208
Proposed Budget FY 2026-27 | Riverbank Page 120

System Development - Parks & Recreation
Fund 209
The purpose of this fund is to account for fees collected to finance park improvements for the benefit of citizens. These fees support enhancements needed to accommodate growth and future development within the City.

System Development - Parks & Recreation Fund Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $787,473.00 $1,077,762.00 $1,280,933.00 $1,280,933.00 $1,678,539.00 Revenues
Charges for Services $288,094.55 $171,500.93 $368,563.50 $60,000.00 $80,000.00 Interest Income $2,195.11 $31,669.36 $25,317.70 $4,000.00 $8,000.00 Total Revenues $290,289.66 $203,170.29 $393,881.20 $64,000.00 $88,000.00 Expenditures
Total Expenditures - - - - -
Total Revenues Less Expenditures $290,289.66 $203,170.29 $393,881.20 $64,000.00 $88,000.00 Ending Fund Balance $1,077,762.66 $1,280,932.29 $1,674,814.20 $1,344,933.00 $1,766,539.00 Parks & Recreation Fund 209
Proposed Budget FY 2026-27 | Riverbank Page 121

Parks & Recreation Fund Summary
Revenues vs Expenditures Summary
Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Charges for Services
Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Budgeted
2025 2026 2027
0 $100K
$200K
$300K
$400K
$500K
$$220033KK
$$339944KK
$88K
FY2025 FY2026 FY2027
0 $200K
$400K
$600K
Parks & Recreation Fund 209
Proposed Budget FY 2026-27 | Riverbank Page 122

FY27 Revenues by Revenue Source
Charges for Services $80,000 90.91%
Interest Income $8,000 9.09%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $288,094.55 $171,500.93 $368,563.50 $60,000.00 $80,000.00 33.33% Interest Income $2,195.11 $31,669.36 $25,317.70 $4,000.00 $8,000.00 100.00% Total Revenues $290,289.66 $203,170.29 $393,881.20 $64,000.00 $88,000.00 37.50% 88K
Revenues by Revenue Source
Parks & Recreation Fund 209
Proposed Budget FY 2026-27 | Riverbank Page 123

System Development - Police/General
Government Fund 210
This fund accounts for fees collected to support the construction of bridges, roads, and other improvements necessary to maintain traffic flow and safety on City streets. This System Development Fee is no longer actively collecting revenue.

System Development - Police/General Government Fund
Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $654,940.00 $801,911.00 $990,335.00 $990,335.00 $1,211,341.00 Revenues
Charges for Services $146,970.89 $175,309.54 $200,832.60 $110,000.00 $125,000.00 Interest Income - $22,821.03 $18,173.94 $4,000.00 $8,000.00 Total Revenues $146,970.89 $198,130.57 $219,006.54 $114,000.00 $133,000.00 Expenditures
Professional Services - $9,706.88 - - -
Total Expenditures - $9,706.88 - - -
Total Revenues Less Expenditures $146,970.89 $188,423.69 $219,006.54 $114,000.00 $133,000.00 Ending Fund Balance $801,910.89 $990,334.69 $1,209,341.54 $1,104,335.00 $1,344,341.00 Police/General Government Fund 210
Proposed Budget FY 2026-27 | Riverbank Page 124

Police/General Govt. Fund Summary
Revenues vs Expenditures Summary
Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Charges for Services
Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Actual Expenditures Budgeted
2025 2026 2027
0 $50K
$100K
$150K
$200K
$250K
$$119988KK
$$221199KK
$$113333KK
FY2025 FY2026 FY2027
0 $100K
$200K
$300K
Police/General Government Fund 210
Proposed Budget FY 2026-27 | Riverbank Page 125

FY27 Revenues by Revenue Source
Charges for Services $125,000 93.98%
Interest Income $8,000 6.02%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $146,970.89 $175,309.54 $200,832.60 $110,000.00 $125,000.00 13.64% Interest Income - $22,821.03 $18,173.94 $4,000.00 $8,000.00 100.00% Total Revenues $146,970.89 $198,130.57 $219,006.54 $114,000.00 $133,000.00 16.67% 133K
Revenues by Revenue Source
Police/General Government Fund 210
Proposed Budget FY 2026-27 | Riverbank Page 126

System Development - Admin Fund 211
System Development - Admin Fund Summary
Admin Fund Summary
Revenues vs Expenditures Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $207,577.00 $324,321.00 $387,993.00 $387,993.00 $559,606.00 Revenues
Charges for Services $208,547.40 $144,799.51 $305,348.97 $100,000.00 $200,000.00 Interest Income - $10,674.05 $9,420.67 $2,000.00 $6,000.00 Total Revenues $208,547.40 $155,473.56 $314,769.64 $102,000.00 $206,000.00 Expenditures
Transfers Out $91,802.00 $91,802.00 - $115,605.00 $137,750.00 Total Expenditures $91,802.00 $91,802.00 - $115,605.00 $137,750.00 Total Revenues Less Expenditures $116,745.40 $63,671.56 $314,769.64 -$13,605.00 $68,250.00 Ending Fund Balance $324,322.40 $387,992.56 $702,762.64 $374,388.00 $627,856.00 Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Actual Expenditures Budgeted
2025 2026 2027
0 $100K
$200K
$300K
$400K
Admin Fund 211
Proposed Budget FY 2026-27 | Riverbank Page 127

Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Charges for Services
FY27 Revenues by Revenue Source
Charges for Services $200,000 97.09%
Interest Income $6,000 2.91%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $208,547.40 $144,799.51 $305,348.97 $100,000.00 $200,000.00 100.00% Interest Income - $10,674.05 $9,420.67 $2,000.00 $6,000.00 200.00% Total Revenues $208,547.40 $155,473.56 $314,769.64 $102,000.00 $206,000.00 101.96% $$115555KK
$$331155KK
$$220066KK
FY2025 FY2026 FY2027
0 $100K
$200K
$300K
$400K
206K
Revenues by Revenue Source
Admin Fund 211
Proposed Budget FY 2026-27 | Riverbank Page 128

Expenditures by Department
Historical Expenditures by Department
Sys Dev Wastewater
FY27 Expenditures by Department
Sys Dev Wastewater $137,750 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Sys Dev Wastewater $91,802.00 $91,802.00 - $115,605.00 $137,750.00 19.16% Total Expenditures $91,802.00 $91,802.00 - $115,605.00 $137,750.00 19.16% $92K
0 $$113388KK
FY2025 FY2026 FY2027
0 $50K
$100K
$150K
138K
Expenditures by Department
Admin Fund 211
Proposed Budget FY 2026-27 | Riverbank Page 129

System Development - Imaging Fund 212
System Development - Imaging Fund Summary
ESG Funding Fund Summary
Revenues vs Expenditures Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $60,938.00 $68,666.00 $80,287.00 $80,287.00 $94,627.00 Revenues
Charges for Services $7,728.61 $11,484.80 $13,396.95 $5,550.00 $9,250.00 Interest Income - $136.20 $943.31 - $500.00
Total Revenues $7,728.61 $11,621.00 $14,340.26 $5,550.00 $9,750.00 Expenditures
Total Expenditures - - - - -
Total Revenues Less Expenditures $7,728.61 $11,621.00 $14,340.26 $5,550.00 $9,750.00 Ending Fund Balance $68,666.61 $80,287.00 $94,627.26 $85,837.00 $104,377.00 Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Budgeted
2025 2026 2027
0 $5K
$10K
$15K
$20K
Imaging Fund 212
Proposed Budget FY 2026-27 | Riverbank Page 130

Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Charges for Services
FY27 Revenues by Revenue Source
Charges for Services $9,250 94.87%
Interest Income $500 5.13%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $7,728.61 $11,484.80 $13,396.95 $5,550.00 $9,250.00 66.67% Interest Income - $136.20 $943.31 - $500.00 -
Total Revenues $7,728.61 $11,621.00 $14,340.26 $5,550.00 $9,750.00 75.68% $12K
$14K
$10K
FY2025 FY2026 FY2027
0 $5K
$10K
$15K
$20K

9.75K
Revenues by Revenue Source
Imaging Fund 212
Proposed Budget FY 2026-27 | Riverbank Page 131

System Development - Crossroads
Undergrounding Fund 222
System Development - Crossroads Undergrounding Fund
Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $868,395.00 $916,378.00 $993,136.00 $993,136.00 $1,014,788.00 Revenues
Charges for Services $28,241.18 $27,135.40 -$1,459.80 - - Interest Income - $49,621.62 $23,112.07 - $15,000.00
Total Revenues $28,241.18 $76,757.02 $21,652.27 - $15,000.00 Expenditures
Total Expenditures - - - - -
Total Revenues Less Expenditures $28,241.18 $76,757.02 $21,652.27 - $15,000.00 Ending Fund Balance $896,636.18 $993,135.02 $1,014,788.27 $993,136.00 $1,029,788.00 Crossroads Undergrounding Fund 222
Proposed Budget FY 2026-27 | Riverbank Page 132

ESG Funding Fund Summary
Revenues vs Expenditures Summary
Revenues by Revenue Source
Historical Revenue by Revenue Source
Charges for Services Interest Income
Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Budgeted
2025 2026 2027
0 $20K
$40K
$60K
$80K
$100K
$77K
$22K
$15K
FY2025 FY2026 FY2027
-$25K
0 $25K
$50K
$75K
$100K
Crossroads Undergrounding Fund 222
Proposed Budget FY 2026-27 | Riverbank Page 133

FY27 Revenues by Revenue Source
Interest Income $15,000 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $28,241.18 $27,135.40 -$1,459.80 - - - Interest Income - $49,621.62 $23,112.07 - $15,000.00 -
Total Revenues $28,241.18 $76,757.02 $21,652.27 - $15,000.00 - 15K
Revenues by Revenue Source
Crossroads Undergrounding Fund 222
Proposed Budget FY 2026-27 | Riverbank Page 134

Housing Funds
The City’s Housing Funds are used to support affordable housing development, preservation, rehabilitation, and homelessness prevention efforts. These funds are comprised of federal, state, and local sources, including:

Community Development Block Grant (CDBG): A federal program that provides funding for a wide range of community development activities, including housing rehabilitation, public infrastructure improvements, and services for low- and moderate-income residents.

HOME Investment Partnerships Program (HOME): A federal grant that supports the development and rehabilitation of affordable housing for low-income households.

CalHome: A state-funded program that assists low- and very low-income households through activities such as first-time homebuyer assistance and owner-occupied housing rehabilitation.

Transitional Housing Funds: Local or grant-funded programs that provide temporary housing and supportive services to individuals and families transitioning out of homelessness or unstable housing conditions.

These Housing Funds are restricted in use and must be spent in accordance with federal and state regulations.

They play a critical role in advancing the City’s goals to increase affordable housing opportunities, support vulnerable populations, and improve the quality of life for low- and moderate-income residents.

Housing Funds Comprehensive Fund Summary
Comprehensive Fund Summary
Category FY 2024 Actual FY 2025 Actual FY 2026 Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $13,264,563.00 $13,265,562.00 $15,612,266.00 $15,612,266.00 $16,017,087.00 Revenues
Taxes $12,376.00 $39,507.00 $9,653.00 - -
Grants - - $15,298.60 - -
Charges for Services $242,941.69 $66,351.15 -$4,651.15 $45,000.00 $180,000.00 Interest Income $56,911.26 $147,115.90 $98,613.63 $32,700.00 $59,000.00 Transfers In $11,886.04 - - - $160,000.00
Total Revenues $324,114.99 $252,974.05 $118,914.08 $77,700.00 $399,000.00 Expenditures
Payroll Benefits $46,862.23 $50,152.12 $52,015.91 $66,129.91 $72,223.67 Salary $69,934.94 $72,706.25 $69,336.89 $163,762.31 $244,164.06 Professional Services $206,164.32 $344,809.61 $4,056.46 $11,000.00 $26,000.00 Services/ Supplies $154.14 $102.10 $180.89 - $800.00
Capital Expenses/ Projects - - $13,854.90 - $160,000.00 Transfers Out - $638,500.00 - - -
Total Expenditures $323,115.63 $1,106,270.08 $139,445.05 $240,892.22 $503,187.73 Total Revenues Less Expenditures $999.36 -$853,296.03 -$20,530.97 -$163,192.22 -$104,187.73 Ending Fund Balance $13,265,562.36 $12,412,265.97 $15,591,735.03 $15,449,073.78 $15,912,899.27 Housing Funds
Proposed Budget FY 2026-27 | Riverbank Page 135

Housing Funds Summary
Revenues vs Expenditures Summary
Revenues by Revenue Source
Historical Revenue by Revenue Source
Grants Taxes Transfers In
Charges for Services Interest Income
Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Actual Expenditures Budgeted
2025 2026 2027
0 $500K
$1,000K
$1,500K
$2,000K
$2,500K
$3,000K
$$225533KK
$$111199KK
$$339999KK
FY2025 FY2026 FY2027
-$200K
0 $200K
$400K
$600K
Housing Funds
Proposed Budget FY 2026-27 | Riverbank Page 136

FY27 Revenues by Revenue Source
Charges for Services $180,000 45.11%
Transfers In $160,000 40.10%
Interest Income $59,000 14.79%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Taxes $12,376.00 $39,507.00 $9,653.00 - - -
Grants - - $15,298.60 - - -
Charges for Services $242,941.69 $66,351.15 -$4,651.15 $45,000.00 $180,000.00 300.00% Interest Income $56,911.26 $147,115.90 $98,613.63 $32,700.00 $59,000.00 80.43% Transfers In $11,886.04 - - - $160,000.00 -
Total Revenues $324,114.99 $252,974.05 $118,914.08 $77,700.00 $399,000.00 413.51% Expenditures by Department
Historical Expenditures by Department
Hcd 96-STBG-1025 Liability Clearing Hcd 86-Stgb-185
Housing Esg Homelessness Funding
399K
Revenues by Revenue Source
$$$111,,,111000666KKK
$$113399KK
$$550033KK
FY2025 FY2026 FY2027
0 $500K
$1,000K
$1,500K
Housing Funds
Proposed Budget FY 2026-27 | Riverbank Page 137

FY27 Expenditures by Department
Hcd 86-Stgb-185 $185,000 36.77%
Housing $157,188 31.24%
Liability Clearing $104,000 20.67%
Hcd 96-STBG-1025 $57,000 11.33%
Category
FY 2024
Actual
FY 2025 Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Hcd 86-Stgb-185 $206,164.32 $5,868.10 $17,911.36 $10,000.00 $185,000.00 1,750.00% Esg Homelessness Funding - $977,209.88 - - - -
Hcd 96-STBG-1025 - $231.63 - $26,000.00 $57,000.00 119.23% Liability Clearing - - - $60,000.00 $104,000.00 73.33%
Housing $116,951.31 $122,960.47 $121,533.69 $144,892.22 $157,187.73 8.49% Total Expenditures $323,115.63 $1,106,270.08 $139,445.05 $240,892.22 $503,187.73 108.89% 503K
Expenditures by Department
Housing Funds
Proposed Budget FY 2026-27 | Riverbank Page 138

HCD Old Program Income Fund 139
HCD Old Program Income Fund Comprehensive Fund
Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $90,573.00 $140,485.00 $197,308.00 $197,308.00 $200,931.00 Revenues
Grants - - $15,298.60 - -
Charges for Services $242,941.69 $61,700.00 - $20,000.00 $160,000.00 Interest Income $1,248.50 $990.89 $1,513.13 $200.00 $500.00 Transfers In $11,886.04 - - - -
Total Revenues $256,076.23 $62,690.89 $16,811.73 $20,200.00 $160,500.00 Expenditures
Professional Services $206,164.32 $5,868.10 $4,056.46 $10,000.00 $25,000.00 Capital Expenses/ Projects - - $13,854.90 - $160,000.00 Total Expenditures $206,164.32 $5,868.10 $17,911.36 $10,000.00 $185,000.00 Total Revenues Less Expenditures $49,911.91 $56,822.79 -$1,099.63 $10,200.00 -$24,500.00 Ending Fund Balance $140,484.91 $197,307.79 $196,208.37 $207,508.00 $176,431.00 HCD Old Program Income Fund 139
Proposed Budget FY 2026-27 | Riverbank Page 139

HCD Old Program Income Fund Summary
Revenues vs Expenditures Summary
Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Grants Charges for Services
Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Actual Expenditures Budgeted
2025 2026 2027
0 $50K
$100K
$150K
$200K
$63K
$17K
$$116611KK
FY2025 FY2026 FY2027
0 $50K
$100K
$150K
$200K
HCD Old Program Income Fund 139
Proposed Budget FY 2026-27 | Riverbank Page 140

FY27 Revenues by Revenue Source
Charges for Services $160,000 99.69%
Interest Income $500 0.31%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Grants - - $15,298.60 - - -
Charges for Services $242,941.69 $61,700.00 - $20,000.00 $160,000.00 700.00% Interest Income $1,248.50 $990.89 $1,513.13 $200.00 $500.00 150.00% Transfers In $11,886.04 - - - - -
Total Revenues $256,076.23 $62,690.89 $16,811.73 $20,200.00 $160,500.00 694.55% Expenditures by Department
Historical Expenditures by Department
Hcd 86-Stgb-185
161K
Revenues by Revenue Source
$6K
$18K
$$118855KK
FY2025 FY2026 FY2027
0 $50K
$100K
$150K
$200K
HCD Old Program Income Fund 139
Proposed Budget FY 2026-27 | Riverbank Page 141

FY27 Expenditures by Department
Hcd 86-Stgb-185 $185,000 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Hcd 86-Stgb-185 $206,164.32 $5,868.10 $17,911.36 $10,000.00 $185,000.00 1,750.00% Total Expenditures $206,164.32 $5,868.10 $17,911.36 $10,000.00 $185,000.00 1,750.00% 185K
Expenditures by Department
HCD Old Program Income Fund 139
Proposed Budget FY 2026-27 | Riverbank Page 142

HCD CDBG Fund 153
HCD CDBG Fund Comprehensive Fund Summary
HCD CDBG Fund Summary
Revenues vs Expenditures Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $4,161,550.00 $4,169,214.00 $4,236,088.00 $4,236,088.00 $3,985,687.00 Revenues
Charges for Services - $1,358.00 -$1,358.00 $25,000.00 $20,000.00 Interest Income $7,664.45 $65,747.10 $30,746.83 $20,000.00 $20,000.00 Total Revenues $7,664.45 $67,105.10 $29,388.83 $45,000.00 $40,000.00 Expenditures
Salary - - - $25,000.00 $56,000.00
Professional Services - $231.63 - $1,000.00 $1,000.00
Total Expenditures - $231.63 - $26,000.00 $57,000.00
Total Revenues Less Expenditures $7,664.45 $66,873.47 $29,388.83 $19,000.00 -$17,000.00 Ending Fund Balance $4,169,214.45 $4,236,087.47 $4,265,476.83 $4,255,088.00 $3,968,687.00 Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Actual Expenditures Budgeted
2025 2026 2027
0 $250K
$500K
$750K
$1,000K
$1,250K
HCD CDBG Fund 153
Proposed Budget FY 2026-27 | Riverbank Page 143

Revenues by Revenue Source
Historical Revenue by Revenue Source
Charges for Services Interest Income
FY27 Revenues by Revenue Source
Interest Income $20,000 50.00%
Charges for Services $20,000 50.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services - $1,358.00 -$1,358.00 $25,000.00 $20,000.00 -20.00% Interest Income $7,664.45 $65,747.10 $30,746.83 $20,000.00 $20,000.00 - Total Revenues $7,664.45 $67,105.10 $29,388.83 $45,000.00 $40,000.00 -11.11% $67K
$29K
$40K
FY2025 FY2026 FY2027
-$25K
0 $25K
$50K
$75K
40K
Revenues by Revenue Source
HCD CDBG Fund 153
Proposed Budget FY 2026-27 | Riverbank Page 144

Expenditures by Department
Historical Expenditures by Department
Hcd 96-STBG-1025
FY27 Expenditures by Department
Hcd 96-STBG-1025 $57,000 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Hcd 96-STBG-1025 - $231.63 - $26,000.00 $57,000.00 119.23% Total Expenditures - $231.63 - $26,000.00 $57,000.00 119.23% $0K 0
$57K
FY2025 FY2026 FY2027
0 $20K
$40K
$60K
57K
Expenditures by Department
HCD CDBG Fund 153
Proposed Budget FY 2026-27 | Riverbank Page 145

HCD Home Fund 154
HCD Home Fund Comprehensive Fund Summary
HCD Home Fund Summary
Revenues vs Expenditures Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $7,119,578.00 $7,162,352.00 $7,195,191.00 $7,195,191.00 $6,798,317.00 Revenues
Charges for Services - $1,358.00 -$1,358.00 - -
Interest Income $42,774.22 $31,480.90 $33,754.26 $8,000.00 $15,000.00 Total Revenues $42,774.22 $32,838.90 $32,396.26 $8,000.00 $15,000.00 Expenditures
Salary - - - $40,000.00 $80,000.00
Total Expenditures - - - $40,000.00 $80,000.00
Total Revenues Less Expenditures $42,774.22 $32,838.90 $32,396.26 -$32,000.00 -$65,000.00 Ending Fund Balance $7,162,352.22 $7,195,190.90 $7,227,587.26 $7,163,191.00 $6,733,317.00 Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Budgeted
2025 2026 2027
0 $200K
$400K
$600K
$800K
$1,000K
HCD Home Fund 154
Proposed Budget FY 2026-27 | Riverbank Page 146

Revenues by Revenue Source
Historical Revenue by Revenue Source
Charges for Services Interest Income
FY27 Revenues by Revenue Source
Interest Income $15,000 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services - $1,358.00 -$1,358.00 - - -
Interest Income $42,774.22 $31,480.90 $33,754.26 $8,000.00 $15,000.00 87.50% Total Revenues $42,774.22 $32,838.90 $32,396.26 $8,000.00 $15,000.00 87.50% $33K $32K
$15K
FY2025 FY2026 FY2027
-$10K
0 $10K
$20K
$30K
$40K
15K
Revenues by Revenue Source
HCD Home Fund 154
Proposed Budget FY 2026-27 | Riverbank Page 147

Expenditures by Department
Historical Expenditures by Department
Liability Clearing
FY27 Expenditures by Department
Liability Clearing $80,000 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Liability Clearing - - - $40,000.00 $80,000.00 100.00%
Total Expenditures - - - $40,000.00 $80,000.00 100.00%
0 0
$80K
FY2025 FY2026 FY2027
0 $25K
$50K
$75K
$100K
80K
Expenditures by Department
HCD Home Fund 154
Proposed Budget FY 2026-27 | Riverbank Page 148

HCD CAL-Home Fund 155
HCD CAL-Home Fund Comprehensive Fund Summary
HCD CAL-Home Fund Summary
Revenues vs Expenditures Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $396,553.00 $398,171.00 $403,138.00 $403,138.00 $148,413.00 Revenues
Charges for Services - $169.75 -$169.75 - -
Interest Income $1,617.74 $4,797.75 $3,257.98 $1,500.00 $1,500.00 Total Revenues $1,617.74 $4,967.50 $3,088.23 $1,500.00 $1,500.00 Expenditures
Salary - - - $20,000.00 $24,000.00
Total Expenditures - - - $20,000.00 $24,000.00
Total Revenues Less Expenditures $1,617.74 $4,967.50 $3,088.23 -$18,500.00 -$22,500.00 Ending Fund Balance $398,170.74 $403,138.50 $406,226.23 $384,638.00 $125,913.00 Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Budgeted
2025 2026 2027
0 $100K
$200K
$300K
$400K
$500K
HCD CAL-Home Fund 155
Proposed Budget FY 2026-27 | Riverbank Page 149

Revenues by Revenue Source
Historical Revenue by Revenue Source
Charges for Services Interest Income
FY27 Revenues by Revenue Source
Interest Income $1,500 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services - $169.75 -$169.75 - - -
Interest Income $1,617.74 $4,797.75 $3,257.98 $1,500.00 $1,500.00 - Total Revenues $1,617.74 $4,967.50 $3,088.23 $1,500.00 $1,500.00 - $5K
$3K
$2K
FY2025 FY2026 FY2027
-$2K
0 $2K
$4K
$6K

1.5K
Revenues by Revenue Source
HCD CAL-Home Fund 155
Proposed Budget FY 2026-27 | Riverbank Page 150

Expenditures by Department
Historical Expenditures by Department
Liability Clearing
FY27 Expenditures by Department
Liability Clearing $24,000 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Liability Clearing - - - $20,000.00 $24,000.00 20.00%
Total Expenditures - - - $20,000.00 $24,000.00 20.00%
0 0
$24K
FY2025 FY2026 FY2027
0 $10K
$20K
$30K
24K
Expenditures by Department
HCD CAL-Home Fund 155
Proposed Budget FY 2026-27 | Riverbank Page 151

LMI Housing Asset Fund 168
LMI Housing Asset Comprehensive Fund Summary
LMI Housing Asset Fund Summary
Revenues vs Expenditures Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $14,940.00 $30,922.00 $3,275,609.00 $3,275,609.00 $3,287,173.00 Revenues
Taxes $12,376.00 $39,507.00 $9,653.00 - -
Interest Income $3,606.35 $5,180.19 $1,911.11 $3,000.00 $2,000.00 Total Revenues $15,982.35 $44,687.19 $11,564.11 $3,000.00 $2,000.00 Expenditures
Total Expenditures - - - - -
Total Revenues Less Expenditures $15,982.35 $44,687.19 $11,564.11 $3,000.00 $2,000.00 Ending Fund Balance $30,922.35 $75,609.19 $3,287,173.11 $3,278,609.00 $3,289,173.00 Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Budgeted
2025 2026 2027
0 $10K
$20K
$30K
$40K
$50K
LMI Housing Asset Fund 168
Proposed Budget FY 2026-27 | Riverbank Page 152

Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Taxes
FY27 Revenues by Revenue Source
Interest Income $2,000 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Taxes $12,376.00 $39,507.00 $9,653.00 - - -
Interest Income $3,606.35 $5,180.19 $1,911.11 $3,000.00 $2,000.00 -33.33% Total Revenues $15,982.35 $44,687.19 $11,564.11 $3,000.00 $2,000.00 -33.33% $45K
$12K
$2K
FY2025 FY2026 FY2027
0 $20K
$40K
$60K
2K
Revenues by Revenue Source
LMI Housing Asset Fund 168
Proposed Budget FY 2026-27 | Riverbank Page 153

Transitional Housing Fund 203
Transitional Housing Comprehensive Fund Summary
Transitional Housing Fund Summary
Revenues vs Expenditures Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $2,000,000.00 $2,000,000.00 $1,063,475.00 $1,063,475.00 $1,565,000.00 Revenues
Charges for Services - $1,765.40 -$1,765.40 - -
Interest Income - $38,919.07 $27,430.32 - $20,000.00
Total Revenues - $40,684.47 $25,664.92 - $20,000.00
Expenditures
Professional Services - $338,709.88 - - -
Transfers Out - $638,500.00 - - -
Total Expenditures - $977,209.88 - - -
Total Revenues Less Expenditures - -$936,525.41 $25,664.92 - $20,000.00 Ending Fund Balance $2,000,000.00 $1,063,474.59 $1,089,139.92 $1,063,475.00 $1,585,000.00 Revenue Actual Revenue Budgeted Expenditures Actual
Expenditures Budgeted
2025 2026 2027
0 $250K
$500K
$750K
$1,000K
$1,250K
Transitional Housing Fund 203
Proposed Budget FY 2026-27 | Riverbank Page 154

Revenues by Revenue Source
Historical Revenue by Revenue Source
Charges for Services Interest Income
FY27 Revenues by Revenue Source
Interest Income $20,000 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services - $1,765.40 -$1,765.40 - - -
Interest Income - $38,919.07 $27,430.32 - $20,000.00 -
Total Revenues - $40,684.47 $25,664.92 - $20,000.00 -
$41K
$26K
$20K
FY2025 FY2026 FY2027
-$20K
0 $20K
$40K
$60K
20K
Revenues by Revenue Source
Transitional Housing Fund 203
Proposed Budget FY 2026-27 | Riverbank Page 155

204 Sierra House Transitional Housing
Fund
Sierra House is the City of Riverbank’s facility, providing a centralized location where individuals experiencing homelessness can access supportive services and basic necessities. The facility offers access to showers, laundry facilities, meals, clothing, hygiene supplies, and other resources designed to assist individuals in stabilizing their circumstances and progressing toward permanent housing.

Supportive services and assistance to visitors are provided through the City’s contract with Cambridge Academies, which provides on-site staffing, case management, housing navigation, and referrals to community resources.

Through this partnership, participants are connected to services such as employment assistance, healthcare, behavioral health services, substance abuse treatment, and housing programs.

Comprehensive Fund Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance - - -$338,710.00 -$338,710.00 -$96,996.00 Revenues
Grants - - $206,039.00 - -
Interest Income - - $337.52 - -
Transfers In - - - - $336,614.00
Total Revenues - - $206,376.52 - $336,614.00
Expenditures
Professional Services - - $161,394.81 - $321,553.80
Services/ Supplies - - - - $1,500.00
Utilities - - $7,878.14 - $13,560.00
Total Expenditures - - $169,272.95 - $336,613.80
Total Revenues Less Expenditures - - $37,103.57 - $0.20 Ending Fund Balance - - -$301,606.43 -$338,710.00 -$96,995.80 Sierra House Transitional Housing Fund 204
Proposed Budget FY 2026-27 | Riverbank Page 156

Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Grants Transfers In
FY27 Revenues by Revenue Source
Transfers In $336,614 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Grants - - $206,039.00 - - -
Interest Income - - $337.52 - - -
Transfers In - - - - $336,614.00 -
Total Revenues - - $206,376.52 - $336,614.00 -
0 $$220066KK
$$333377KK
FY2025 FY2026 FY2027
0 $100K
$200K
$300K
$400K
337K
Revenues by Revenue Source
Sierra House Transitional Housing Fund 204
Proposed Budget FY 2026-27 | Riverbank Page 157

Expenditures by Department
Historical Expenditures by Department
Esg Homelessness Funding
FY27 Expenditures by Department
Esg Homelessness Funding $336,614 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Esg Homelessness Funding - - $169,272.95 - $336,613.80 - Total Expenditures - - $169,272.95 - $336,613.80 -
0 $$116699KK
$$333377KK
FY2025 FY2026 FY2027
0 $100K
$200K
$300K
$400K
337K
Expenditures by Department
Sierra House Transitional Housing Fund 204
Proposed Budget FY 2026-27 | Riverbank Page 158

Federal & State Housing Grants Fund 213
Federal & State Housing Grants Fund Summary
Federal & State Housing Grants Fund Summary
Revenues vs Expenditures Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance -$518,631.00 -$635,582.00 -$758,543.00 -$758,543.00 $31,566.00 Revenues
Transfers In - - - - $160,000.00
Total Revenues - - - - $160,000.00
Expenditures
Payroll Benefits $46,862.23 $50,152.12 $52,015.91 $66,129.91 $72,223.67 Salary $69,934.94 $72,706.25 $69,336.89 $78,762.31 $84,164.06 Services/ Supplies $154.14 $102.10 $180.89 - $800.00
Total Expenditures $116,951.31 $122,960.47 $121,533.69 $144,892.22 $157,187.73 Total Revenues Less Expenditures -$116,951.31 -$122,960.47 -$121,533.69 -$144,892.22 $2,812.27 Ending Fund Balance -$635,582.31 -$758,542.47 -$880,076.69 -$903,435.22 $34,378.27 Revenue Budgeted Expenditures Actual Expenditures Budgeted 2025 2026 2027
0 $50K
$100K
$150K
$200K
Federal & State Housing Grants Fund 213
Proposed Budget FY 2026-27 | Riverbank Page 159

Revenues by Revenue Source
Historical Revenue by Revenue Source
Transfers In
FY27 Revenues by Revenue Source
Transfers In $160,000 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Transfers In - - - - $160,000.00 -
Total Revenues - - - - $160,000.00 -
0 $$116600KK
FY2025 FY2026 FY2027
0 $50K
$100K
$150K
$200K
160K
Revenues by Revenue Source
Federal & State Housing Grants Fund 213
Proposed Budget FY 2026-27 | Riverbank Page 160

Expenditures by Department
Historical Expenditures by Department
Housing
FY27 Expenditures by Department
Housing $157,188 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Housing $116,951.31 $122,960.47 $121,533.69 $144,892.22 $157,187.73 8.49% Total Expenditures $116,951.31 $122,960.47 $121,533.69 $144,892.22 $157,187.73 8.49% $$112233KK $$112222KK
$$115577KK
FY2025 FY2026 FY2027
0 $50K
$100K
$150K
$200K
157K
Expenditures by Department
Federal & State Housing Grants Fund 213
Proposed Budget FY 2026-27 | Riverbank Page 161

Sewer Enterprise Funds
The Sewer Funds support the operation, maintenance, and long-term sustainability of the City’s wastewater system. These funds ensure the safe collection, treatment, and disposal of wastewater in compliance with state and federal environmental regulations. The Sewer Funds are divided into the following key components:

Operations and Maintenance (O&M): This portion of the fund covers the day-to-day costs of running the City’s sewer system, including staffing, equipment, utilities, routine maintenance, inspections, and emergency repairs.

Debt Service: This fund is used to repay outstanding debt issued for major sewer infrastructure improvements, such as treatment plant upgrades or system expansions. Payments include both principal and interest and are scheduled according to bond or loan agreements.

Capital Outlay: This fund supports the planning, design, and construction of significant capital projects, such as replacing aging pipelines, upgrading pump stations, or expanding treatment capacity. Capital investments ensure the reliability, efficiency, and regulatory compliance of the wastewater system.

Sewer Connection Fee Fund: This fund accounts for fees paid by new customers to connect to the City’s water system. These fees help cover the cost of physical connections, meters, inspections, and other onetime services required to bring a property online.

System Development Fees (Sewer Impact Fees): These fees are collected from new development to fund infrastructure improvements required to accommodate system growth. These restricted funds help ensure that growth pays its fair share of system expansion costs, rather than burdening existing ratepayers.

Together, these funds enable the City to provide reliable wastewater services, protect public health and the environment, and plan for future capacity needs as the community grows.

Sewer Enterprise Funds Comprehensive Fund Summary
Comprehensive Fund Summary
Category FY 2024 Actual FY 2025 Actual FY 2026 Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $9,974,707.00 $11,238,764.70 $15,034,012.00 $15,034,012.00 $17,295,838.00 Revenues
Charges for Services $6,476,304.03 $8,637,741.81 $8,207,431.25 $8,277,870.00 $8,722,188.50 Fines, Forfeitures, Penalties $160,605.78 $120,846.10 $1,696,677.94 $100,000.00 $95,000.00 Interest Income $52,877.96 $338,163.83 $261,164.22 $220,500.00 $187,500.00 Transfers In $1,801,000.33 $854,090.23 $1,616,405.63 $1,424,277.00 $1,422,250.00 Total Revenues $8,490,788.10 $9,950,841.97 $11,781,679.04 $10,022,647.00 $10,426,938.50 Expenditures
Payroll Benefits $383,283.84 $824,161.86 $723,608.10 $942,962.06 $1,123,554.22 Salary $536,337.67 $1,113,176.52 $1,122,779.18 $1,291,816.91 $1,545,708.10 Professional Services $606,440.03 $1,112,498.28 $823,370.20 $1,347,922.37 $1,002,528.00 Services/ Supplies $939,672.63 $1,269,029.71 $254,821.78 $880,204.00 $994,047.00 Utilities $289,687.10 $356,464.17 $232,423.09 $307,280.00 $312,571.00 Capital Expenses/ Projects -$79,898.75 $28,939.07 $5,516,999.88 $3,744,785.00 $1,772,000.00 Transfers Out $2,462,554.17 $921,985.88 $1,616,405.63 $1,724,847.00 $1,641,063.00 Total Expenditures $5,138,076.69 $5,626,255.49 $10,290,407.86 $10,239,817.34 $8,391,471.32 Total Revenues Less Expenditures $3,352,711.41 $4,324,586.48 $1,491,271.18 -$217,170.34 $2,035,467.18 Ending Fund Balance $13,327,418.41 $15,563,351.18 $16,525,283.18 $14,816,841.66 $19,331,305.18 Sewer Enterprise Funds
Proposed Budget FY 2026-27 | Riverbank Page 162

Sewer Enterprise Funds Summary
Revenues vs Expenditures Summary
Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Fines, Forfeitures, Penalties Transfers In Charges for Services
Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Actual Expenditures Budgeted
2025 2026 2027
0 $3M
$5M
$8M
$10M
$13M
$10M
$12M
$10M
FY2025 FY2026 FY2027
0 $5M
$10M
$15M
Sewer Enterprise Funds
Proposed Budget FY 2026-27 | Riverbank Page 163

FY27 Revenues by Revenue Source
Charges for Services $8,722,189 83.65%
Transfers In $1,422,250 13.64%
Interest Income $187,500 1.80%
Fines, Forfeitures, Penalties $95,000 0.91%
Category FY 2024 Actual FY 2025 Actual FY 2026 Actual
FY 2025-26
Amended Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027 Budgeted
(% Change)
Charges for Services $6,476,304.03 $8,637,741.81 $8,207,431.25 $8,277,870.00 $8,722,188.50 5.37% Fines, Forfeitures, Penalties $160,605.78 $120,846.10 $1,696,677.94 $100,000.00 $95,000.00 -5.00% Interest Income $52,877.96 $338,163.83 $261,164.22 $220,500.00 $187,500.00 -14.97% Transfers In $1,801,000.33 $854,090.23 $1,616,405.63 $1,424,277.00 $1,422,250.00 -0.14% Total Revenues $8,490,788.10 $9,950,841.97 $11,781,679.04 $10,022,647.00 $10,426,938.50 4.03% Expenditures by Department
Historical Expenditures by Department
Sewer Capital Improvement Sewer Debt Service Sys Dev Wastewater Sewer Treatment (Wwtp) Sewer Collection

10.4M
Revenues by Revenue Source
$6M
$10M
$8M
FY2025 FY2026 FY2027
0 $5M
$10M
$15M
Sewer Enterprise Funds
Proposed Budget FY 2026-27 | Riverbank Page 164

FY27 Expenditures by Department
Sewer Collection $4,893,398 58.31%
Sewer Treatment (Wwtp) $2,652,411 31.61%
Sewer Debt Service $795,663 9.48%
Sewer Capital Improvement $50,000 0.60%
Category FY 2024 Actual FY 2025 Actual FY 2026 Actual
FY 2025-26
Amended Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Sewer Debt Service $237,961.46 $253,568.44 $165,670.01 $641,017.00 $795,663.00 24.13% Sewer Capital Improvement $6,192.70 $168,473.16 $696,849.00 $985,000.00 $50,000.00 -94.92% Sys Dev Wastewater - - $2,468,640.64 - - -
Sewer Collection $3,496,271.10 $3,057,743.56 $2,904,221.80 $5,663,604.33 $4,893,397.56 -13.60% Sewer Treatment (Wwtp) $1,397,651.43 $2,146,470.33 $4,055,026.41 $2,950,196.01 $2,652,410.76 -10.09% Total Expenditures $5,138,076.69 $5,626,255.49 $10,290,407.86 $10,239,817.34 $8,391,471.32 -18.05%

8.39M
Expenditures by Department
Sewer Enterprise Funds
Proposed Budget FY 2026-27 | Riverbank Page 165

Sewer Operating Fund 106
The General Fund serves as the City’s primary operating fund. It is used to account for all financial resources that are not specifically required to be recorded in a separate fund.

Sewer Operating Fund Comprehensive Fund Summary
Sewer Operating Fund Transfer Outs
Fund/Activity Description
FYE 2027
Proposed
Budget
General Fund Management Fee 218,813
Sewer Debt Service
Fund
Revenues collected for Debt
Service
622,250
Sewer Capital Fund
Revenues collected for
capital
800,000
Total Transfer Out $ 1,641,063
Comprehensive Fund Summary
Category FY 2024 Actual FY 2025 Actual FY 2026 Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $8,883,444.00 $9,654,422.00 $11,536,220.00 $11,536,220.00 $11,378,437.00 Revenues
Charges for Services $6,151,285.59 $8,345,232.63 $7,974,278.98 $8,127,870.00 $8,522,188.50 Fines, Forfeitures, Penalties $60,185.78 $70,886.10 $1,628,747.94 $60,000.00 $50,000.00 Interest Income $21,237.80 $274,551.80 $198,963.69 $200,000.00 $160,000.00 Transfers In $538,212.05 $104,561.00 - - -
Total Revenues $6,770,921.22 $8,795,231.53 $9,801,990.61 $8,387,870.00 $8,732,188.50 Expenditures
Payroll Benefits $383,283.84 $824,161.86 $723,608.10 $942,962.06 $1,123,554.22 Salary $536,337.67 $1,113,176.52 $1,122,779.18 $1,291,816.91 $1,545,708.10 Professional Services $606,440.03 $944,025.12 $763,370.20 $1,287,922.37 $1,002,528.00 Services/ Supplies $701,711.17 $1,015,461.27 $89,151.77 $239,187.00 $198,384.00 Utilities $289,687.10 $356,464.17 $232,423.09 $307,280.00 $312,571.00 Capital Expenses/ Projects -$86,091.45 $28,939.07 $3,048,359.24 $2,819,785.00 $1,722,000.00 Transfers Out $2,462,554.17 $921,985.88 $979,556.63 $1,724,847.00 $1,641,063.00 Total Expenditures $4,893,922.53 $5,204,213.89 $6,959,248.21 $8,613,800.34 $7,545,808.32 Total Revenues Less Expenditures $1,876,998.69 $3,591,017.64 $2,842,742.40 -$225,930.34 $1,186,380.18 Ending Fund Balance $10,760,442.69 $13,245,439.64 $14,378,962.40 $11,310,289.66 $12,564,817.18 Sewer Operating Fund 106
Proposed Budget FY 2026-27 | Riverbank Page 166

Sewer Operating Fund Summary
Revenues vs Expenditures Summary
Revenues by Revenue Source
Historical Revenue by Revenue Source
Transfers In Interest Income Fines, Forfeitures, Penalties Charges for Services
Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Actual Expenditures Over Budget Expenditures Budgeted 2025 2026 2027
0 $3M
$5M
$8M
$10M
$13M
$9M
$10M
$9M
FY2025 FY2026 FY2027
0 $5M
$10M
$15M
Sewer Operating Fund 106
Proposed Budget FY 2026-27 | Riverbank Page 167

FY27 Revenues by Revenue Source
Charges for Services $8,522,189 97.60%
Interest Income $160,000 1.83%
Fines, Forfeitures, Penalties $50,000 0.57%
Category FY 2024 Actual FY 2025 Actual FY 2026 Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $6,151,285.59 $8,345,232.63 $7,974,278.98 $8,127,870.00 $8,522,188.50 4.85% Fines, Forfeitures, Penalties $60,185.78 $70,886.10 $1,628,747.94 $60,000.00 $50,000.00 -16.67% Interest Income $21,237.80 $274,551.80 $198,963.69 $200,000.00 $160,000.00 -20.00% Transfers In $538,212.05 $104,561.00 - - - -
Total Revenues $6,770,921.22 $8,795,231.53 $9,801,990.61 $8,387,870.00 $8,732,188.50 4.10% Expenditures by Department
Historical Expenditures by Department
Sewer Treatment (Wwtp) Sewer Collection

8.73M
Revenues by Revenue Source
$5M
$7M
$8M
FY2025 FY2026 FY2027
0 $3M
$5M
$8M
$10M
Sewer Operating Fund 106
Proposed Budget FY 2026-27 | Riverbank Page 168

FY27 Expenditures by Department
Sewer Collection $4,893,398 64.85%
Sewer Treatment (Wwtp) $2,652,411 35.15%
Category FY 2024 Actual FY 2025 Actual FY 2026 Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Sewer Collection $3,496,271.10 $3,057,743.56 $2,904,221.80 $5,663,604.33 $4,893,397.56 -13.60% Sewer Treatment (Wwtp) $1,397,651.43 $2,146,470.33 $4,055,026.41 $2,950,196.01 $2,652,410.76 -10.09% Total Expenditures $4,893,922.53 $5,204,213.89 $6,959,248.21 $8,613,800.34 $7,545,808.32 -12.40%

7.55M
Expenditures by Department
Sewer Operating Fund 106
Proposed Budget FY 2026-27 | Riverbank Page 169

Sewer Debt Service Fund 107
The General Fund serves as the City’s primary operating fund. It is used to account for all financial resources that are not specifically required to be recorded in a separate fund.

Sewer Debt Service Fund Comprehensive Fund Summary
Sewer Outstanding Long-Term Debt
FY 2026-2027
Funding Maturity Date Balance Principal Interest Total Due 2014 WWTP
Improvement
Loan
August 2029 $1,241,072 $292,778 $43,002 $335,781
2022 Energy
Efficiency
Project WWTP
August 2042 $3,567,031 $152,066 $134,403 $286,469
Total
$4,808,103
$444,844 $177,406 $622,250
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $496,130.00 $431,373.00 $1,955,185.00 $1,955,185.00 $3,290,324.00 Revenues
Charges for Services - $339.50 -$339.50 - -
Interest Income $15,382.89 $23,500.75 $26,614.38 $7,500.00 $10,000.00 Transfers In $1,157,822.40 $573,659.86 $312,889.98 $623,677.00 $622,250.00 Total Revenues $1,173,205.29 $597,500.11 $339,164.86 $631,177.00 $632,250.00 Expenditures
Services/ Supplies $237,961.46 $253,568.44 $165,670.01 $641,017.00 $795,663.00 Total Expenditures $237,961.46 $253,568.44 $165,670.01 $641,017.00 $795,663.00 Total Revenues Less Expenditures $935,243.83 $343,931.67 $173,494.85 -$9,840.00 -$163,413.00 Ending Fund Balance $1,431,373.83 $775,304.67 $2,128,679.85 $1,945,345.00 $3,126,911.00 Sewer Debt Service Fund 107
Proposed Budget FY 2026-27 | Riverbank Page 170

Sewer Debt Service Fund Summary
Revenues vs Expenditures Summary
Revenues by Revenue Source
Historical Revenue by Revenue Source
Charges for Services Interest Income Transfers In
Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Actual Expenditures Budgeted
2025 2026 2027
0 $200K
$400K
$600K
$800K
$1,000K
$$559988KK
$$333399KK
$$663322KK
FY2025 FY2026 FY2027
-$250K
0 $250K
$500K
$750K
Sewer Debt Service Fund 107
Proposed Budget FY 2026-27 | Riverbank Page 171

FY27 Revenues by Revenue Source
Transfers In $622,250 98.42%
Interest Income $10,000 1.58%
Category FY 2024 Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services - $339.50 -$339.50 - - -
Interest Income $15,382.89 $23,500.75 $26,614.38 $7,500.00 $10,000.00 33.33% Transfers In $1,157,822.40 $573,659.86 $312,889.98 $623,677.00 $622,250.00 -0.23% Total Revenues $1,173,205.29 $597,500.11 $339,164.86 $631,177.00 $632,250.00 0.17% Expenditures by Department
Historical Expenditures by Department
Sewer Debt Service
632K
Revenues by Revenue Source
$$225544KK
$$116666KK
$$779966KK
FY2025 FY2026 FY2027
0 $250K
$500K
$750K
$1,000K
Sewer Debt Service Fund 107
Proposed Budget FY 2026-27 | Riverbank Page 172

FY27 Expenditures by Department
Sewer Debt Service $795,663 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Sewer Debt Service $237,961.46 $253,568.44 $165,670.01 $641,017.00 $795,663.00 24.13% Total Expenditures $237,961.46 $253,568.44 $165,670.01 $641,017.00 $795,663.00 24.13% 796K
Expenditures by Department
Sewer Debt Service Fund 107
Proposed Budget FY 2026-27 | Riverbank Page 173

Sewer Capital Improvement Fund 108
The General Fund serves as the City’s primary operating fund. It is used to account for all financial resources that are not specifically required to be recorded in a separate fund.

Sewer Capital Improvement Fund Comprehensive Fund
Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $1,051,617.00 $1,176,837.70 $1,211,408.00 $1,211,408.00 $1,335,387.00 Revenues
Charges for Services $4,830.59 $4,643.67 -$855.08 - -
Interest Income $4,247.99 $22,530.76 $19,083.92 $6,000.00 $8,000.00 Transfers In $104,965.88 $175,869.37 $666,666.65 $800,600.00 $800,000.00 Total Revenues $114,044.46 $203,043.80 $684,895.49 $806,600.00 $808,000.00 Expenditures
Professional Services - $168,473.16 $60,000.00 $60,000.00 - Capital Expenses/ Projects $6,192.70 - - $925,000.00 $50,000.00 Transfers Out - - $636,849.00 - -
Total Expenditures $6,192.70 $168,473.16 $696,849.00 $985,000.00 $50,000.00 Total Revenues Less Expenditures $107,851.76 $34,570.64 -$11,953.51 -$178,400.00 $758,000.00 Ending Fund Balance $1,159,468.76 $1,211,408.34 $1,199,454.49 $1,033,008.00 $2,093,387.00 Sewer Capital Improvement Fund 108
Proposed Budget FY 2026-27 | Riverbank Page 174

Sewer Capital Improvement Fund Summary
Revenues vs Expenditures Summary
Revenues by Revenue Source
Historical Revenue by Revenue Source
Charges for Services Interest Income Transfers In
Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Actual Expenditures Budgeted
2025 2026 2027
0 $250K
$500K
$750K
$1,000K
$$220033KK
$$668855KK
$$880088KK
FY2025 FY2026 FY2027
-$250K
0 $250K
$500K
$750K
$1,000K
Sewer Capital Improvement Fund 108
Proposed Budget FY 2026-27 | Riverbank Page 175

FY27 Revenues by Revenue Source
Transfers In $800,000 99.01%
Interest Income $8,000 0.99%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $4,830.59 $4,643.67 -$855.08 - - - Interest Income $4,247.99 $22,530.76 $19,083.92 $6,000.00 $8,000.00 33.33% Transfers In $104,965.88 $175,869.37 $666,666.65 $800,600.00 $800,000.00 -0.07% Total Revenues $114,044.46 $203,043.80 $684,895.49 $806,600.00 $808,000.00 0.17% Expenditures by Department
Historical Expenditures by Department
Sewer Capital Improvement
808K
Revenues by Revenue Source
$$116688KK
$$669977KK
$50K
FY2025 FY2026 FY2027
0 $250K
$500K
$750K
Sewer Capital Improvement Fund 108
Proposed Budget FY 2026-27 | Riverbank Page 176

FY27 Expenditures by Department
Sewer Capital Improvement $50,000 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Sewer Capital Improvement $6,192.70 $168,473.16 $696,849.00 $985,000.00 $50,000.00 -94.92% Total Expenditures $6,192.70 $168,473.16 $696,849.00 $985,000.00 $50,000.00 -94.92% 50K
Expenditures by Department
Sewer Capital Improvement Fund 108
Proposed Budget FY 2026-27 | Riverbank Page 177

Sewer Connection Fund 158
The General Fund serves as the City’s primary operating fund. It is used to account for all financial resources that are not specifically required to be recorded in a separate fund.

Sewer Connection Fund Comprehensive Fund Summary
Sewer Connection Fund Summary
Revenues vs Expenditures Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance -$405,227.00 -$295,329.00 -$220,184.00 -$220,184.00 $237,986.00 Revenues
Charges for Services $5,440.86 $15,985.19 -$255,338.34 - - Fines, Forfeitures, Penalties $100,420.00 $49,960.00 $67,930.00 $40,000.00 $45,000.00 Interest Income $4,036.75 $9,199.75 $6,229.99 $2,000.00 $3,000.00 Transfers In - - $636,849.00 - -
Total Revenues $109,897.61 $75,144.94 $455,670.65 $42,000.00 $48,000.00 Expenditures
Total Expenditures - - - - -
Total Revenues Less Expenditures $109,897.61 $75,144.94 $455,670.65 $42,000.00 $48,000.00 Ending Fund Balance -$295,329.39 -$220,184.06 $235,486.65 -$178,184.00 $285,986.00 Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Budgeted
2025 2026 2027
0 $100K
$200K
$300K
$400K
$500K
Sewer Connection Fund 158
Proposed Budget FY 2026-27 | Riverbank Page 178

Revenues by Revenue Source
Historical Revenue by Revenue Source
Charges for Services Interest Income Fines, Forfeitures, Penalties Transfers In
FY27 Revenues by Revenue Source
Fines, Forfeitures, Penalties $45,000 93.75%
Interest Income $3,000 6.25%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026 Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $5,440.86 $15,985.19 -$255,338.34 - - - Fines, Forfeitures, Penalties $100,420.00 $49,960.00 $67,930.00 $40,000.00 $45,000.00 12.50% Interest Income $4,036.75 $9,199.75 $6,229.99 $2,000.00 $3,000.00 50.00% Transfers In - - $636,849.00 - - -
Total Revenues $109,897.61 $75,144.94 $455,670.65 $42,000.00 $48,000.00 14.29% $75K
$$445566KK
$48K
FY2025 FY2026 FY2027
-$500K
0 $500K
$1,000K
48K
Revenues by Revenue Source
Sewer Connection Fund 158
Proposed Budget FY 2026-27 | Riverbank Page 179

Sewer Master Plan Preparation Fund 160
The General Fund serves as the City’s primary operating fund. It is used to account for all financial resources that are not specifically required to be recorded in a separate fund.

Sewer Master Plan Preparation Fund Comprehensive Fund
Summary
Sewer Master Plan Preparation Fund Summary
Revenues vs Expenditures Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $4,127.00 $4,247.00 $4,270.00 $4,270.00 $4,271.00 Revenues
Charges for Services $121.20 $15.15 $90.90 - -
Interest Income - $7.27 $46.63 - -
Total Revenues $121.20 $22.42 $137.53 - -
Expenditures
Total Expenditures - - - - -
Total Revenues Less Expenditures $121.20 $22.42 $137.53 - - Ending Fund Balance $4,248.20 $4,269.42 $4,407.53 $4,270.00 $4,271.00 Revenue Actual Revenue Budgeted Expenditures Budgeted
2025 2026 2027
0 $25
$50
$75
$100
$125
$150
Sewer Master Plan Preparation Fund 160
Proposed Budget FY 2026-27 | Riverbank Page 180

Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Charges for Services
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $121.20 $15.15 $90.90 - - -
Interest Income - $7.27 $46.63 - - -
Total Revenues $121.20 $22.42 $137.53 - - -
$22
$138
0 FY2025 FY2026 FY2027
0 $50
$100
$150
Revenues by Revenue Source
Sewer Master Plan Preparation Fund 160
Proposed Budget FY 2026-27 | Riverbank Page 181

System Development Wastewater Fund 207
The General Fund serves as the City’s primary operating fund. It is used to account for all financial resources that are not specifically required to be recorded in a separate fund.

System Development Wastewater Fund Comprehensive Fund
Summary
System Development Wastewater Fund Summary
Revenues vs Expenditures Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance -$55,384.00 $267,214.00 $547,113.00 $547,113.00 $1,049,433.00 Revenues
Charges for Services $314,625.79 $271,525.67 $489,594.29 $150,000.00 $200,000.00 Interest Income $7,972.53 $8,373.50 $10,225.61 $5,000.00 $6,500.00 Total Revenues $322,598.32 $279,899.17 $499,819.90 $155,000.00 $206,500.00 Expenditures
Capital Expenses/ Projects - - $2,468,640.64 - -
Total Expenditures - - $2,468,640.64 - -
Total Revenues Less Expenditures $322,598.32 $279,899.17 -$1,968,820.74 $155,000.00 $206,500.00 Ending Fund Balance $267,214.32 $547,113.17 -$1,421,707.74 $702,113.00 $1,255,933.00 Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Actual Expenditures Budgeted
2025 2026 2027
0 $500K
$1,000K
$1,500K
$2,000K
$2,500K
$3,000K
System Development Wastewater Fund 207
Proposed Budget FY 2026-27 | Riverbank Page 182

Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Charges for Services
FY27 Revenues by Revenue Source
Charges for Services $200,000 96.85%
Interest Income $6,500 3.15%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $314,625.79 $271,525.67 $489,594.29 $150,000.00 $200,000.00 33.33% Interest Income $7,972.53 $8,373.50 $10,225.61 $5,000.00 $6,500.00 30.00% Total Revenues $322,598.32 $279,899.17 $499,819.90 $155,000.00 $206,500.00 33.23% $$228800KK
$$550000KK
$$220077KK
FY2025 FY2026 FY2027
0 $200K
$400K
$600K
207K
Revenues by Revenue Source
System Development Wastewater Fund 207
Proposed Budget FY 2026-27 | Riverbank Page 183

Water Enterprise Funds
The City’s Water Funds are used to manage and support the delivery of safe, reliable drinking water to residents and businesses. These funds are divided into specific categories to ensure accountability and long-term sustainability of the water system:

Water Operations Fund: This fund supports the daily operation and maintenance of the City’s water supply and distribution systems. Expenses include staffing, utilities, water treatment, system repairs, testing, regulatory compliance, and customer service functions.

Water Capital Improvement Fund: This fund is used to finance major infrastructure upgrades, replacements, and system expansions. Projects may include well development, water main replacements, storage facilities, and upgrades to ensure water quality and reliability. These projects are typically identified in the City’s capital improvement plan.

Water Connection Fee Fund: This fund accounts for fees paid by new customers to connect to the City’s water system. These fees help cover the cost of physical connections, meters, inspections, and other onetime services required to bring a property online.

Water System Development Fee Fund: This fund receives development impact fees collected from new construction to offset the costs of expanding the City’s water system. These fees are restricted in use and must be spent on infrastructure improvements that increase system capacity and ensure adequate service for future growth.

Together, these funds ensure the City's water system remains safe, efficient, and capable of supporting both current demands and future development.

Water Enterprise Funds Comprehensive Fund Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $6,072,360.00 $7,080,596.00 $6,320,845.00 $6,320,845.00 $6,439,223.00 Revenues
Charges for Services $4,265,742.95 $4,090,181.51 $3,922,316.55 $3,940,500.00 $4,249,500.00 Fines, Forfeitures, Penalties $62,215.87 $63,066.63 $68,122.51 $80,000.00 $68,000.00 Interest Income $72,689.91 $192,162.52 $130,018.89 $64,500.00 $70,850.00 Transfers In $520,236.06 $1,008,102.47 $1,231,293.89 $430,600.00 $250,000.00 Total Revenues $4,920,884.79 $5,353,513.13 $5,351,751.84 $4,515,600.00 $4,638,350.00 Expenditures
Payroll Benefits $355,745.82 $826,825.00 $709,873.27 $928,051.46 $1,011,604.14 Salary $545,043.96 $1,156,049.01 $1,183,932.62 $1,377,219.91 $1,387,139.38 Professional Services $437,309.28 $714,439.58 $583,069.48 $719,123.00 $740,875.00 Services/ Supplies $738,107.62 $753,861.62 $147,202.11 $631,441.00 $620,355.00 Utilities $414,090.46 $524,364.19 $385,510.90 $477,871.00 $478,711.00 Capital Expenses/ Projects $144,463.76 $45,467.76 $2,478,985.63 $1,518,853.00 $861,700.00 Transfers Out $1,509,669.05 $1,285,120.11 $416,666.65 $544,653.00 $468,813.00 Total Expenditures $4,144,429.95 $5,306,127.27 $5,905,240.66 $6,197,212.37 $5,569,197.52 Total Revenues Less Expenditures $776,454.84 $47,385.86 -$553,488.82 -$1,681,612.37 -$930,847.52 Ending Fund Balance $6,848,814.84 $7,127,981.86 $5,767,356.18 $4,639,232.63 $5,508,375.48 Water Enterprise Funds
Proposed Budget FY 2026-27 | Riverbank Page 184

Water Enterprise Funds Summary
Revenues vs Expenditures Summary
Revenues by Revenue Source
Historical Revenue by Revenue Source
Fines, Forfeitures, Penalties Interest Income Transfers In Charges for Services
Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Actual Expenditures Budgeted
2025 2026 2027
0 $2M
$4M
$6M
$8M
$5M $5M
$5M
FY2025 FY2026 FY2027
0 $2M
$4M
$6M
Water Enterprise Funds
Proposed Budget FY 2026-27 | Riverbank Page 185

FY27 Revenues by Revenue Source
Charges for Services $4,249,500 91.62%
Transfers In $250,000 5.39%
Interest Income $70,850 1.53%
Fines, Forfeitures, Penalties $68,000 1.47%
Category FY 2024 Actual FY 2025 Actual FY 2026 Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $4,265,742.95 $4,090,181.51 $3,922,316.55 $3,940,500.00 $4,249,500.00 7.84% Fines, Forfeitures, Penalties $62,215.87 $63,066.63 $68,122.51 $80,000.00 $68,000.00 -15.00% Interest Income $72,689.91 $192,162.52 $130,018.89 $64,500.00 $70,850.00 9.84% Transfers In $520,236.06 $1,008,102.47 $1,231,293.89 $430,600.00 $250,000.00 -41.94% Total Revenues $4,920,884.79 $5,353,513.13 $5,351,751.84 $4,515,600.00 $4,638,350.00 2.72% Expenditures by Department
Historical Expenditures by Department
Water Connection Water Capital Improvements Sys Dev Water Imprv Water Collection

4.64M
Revenues by Revenue Source
$5M
$6M $6M
FY2025 FY2026 FY2027
0 $3M
$5M
$8M
Water Enterprise Funds
Proposed Budget FY 2026-27 | Riverbank Page 186

FY27 Expenditures by Department
Water Collection $4,827,498 86.68%
Water Capital Improvements $741,700 13.32%
Category FY 2024 Actual FY 2025 Actual FY 2026 Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Water Connection $648.38 $3,978.38 - $300,000.00 - -100.00% Water Capital Improvements $67,565.95 $303,685.78 $57,629.41 $1,170,000.00 $741,700.00 -36.61% Sys Dev Water Imprv $235,347.21 $691,864.26 $2,317,334.14 $118,853.00 - -100.00% Water Collection $3,840,868.41 $4,306,598.85 $3,530,277.11 $4,608,359.37 $4,827,497.52 4.76% Total Expenditures $4,144,429.95 $5,306,127.27 $5,905,240.66 $6,197,212.37 $5,569,197.52 -10.13%

5.57M
Expenditures by Department
Water Enterprise Funds
Proposed Budget FY 2026-27 | Riverbank Page 187

Water Operating Fund 114
The General Fund serves as the City’s primary operating fund. It is used to account for all financial resources that are not specifically required to be recorded in a separate fund.

Water Operating Fund Comprehensive Fund Summary
Water Fund Transfer Outs
Fund/Activity Description
FYE 2027
Proposed
Budget
General Fund Management Fee 218,813
Water Capital
Fund
Revenues collected for
capital
250,000
Total Transfer Out
$
468,813
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $1,122,194.00 $1,124,329.00 $377,082.00 $377,082.00 -$333,871.00 Revenues
Charges for Services $3,217,388.35 $3,406,499.36 $2,807,030.07 $3,490,500.00 $3,749,500.00 Fines, Forfeitures, Penalties $62,215.87 $63,066.63 $68,122.51 $80,000.00 $68,000.00 Interest Income $29,351.50 $38,115.40 $17,678.43 $29,000.00 $15,000.00 Transfers In $302,913.16 $914,239.14 - $75,000.00 -
Total Revenues $3,611,868.88 $4,421,920.53 $2,892,831.01 $3,674,500.00 $3,832,500.00 Expenditures
Payroll Benefits $355,745.82 $826,825.00 $709,873.27 $928,051.46 $1,011,604.14 Salary $545,043.96 $1,156,049.01 $1,183,932.62 $1,377,219.91 $1,387,139.38 Professional Services $437,309.28 $714,439.58 $583,069.48 $719,123.00 $740,875.00 Services/ Supplies $738,107.62 $753,861.62 $147,202.11 $631,441.00 $620,355.00 Utilities $414,090.46 $524,364.19 $385,510.90 $477,871.00 $478,711.00 Capital Expenses/ Projects $144,463.76 -$39,173.14 $104,022.08 $230,000.00 $120,000.00 Transfers Out $1,206,755.89 $370,880.97 $416,666.65 $244,653.00 $468,813.00 Total Expenditures $3,841,516.79 $4,307,247.23 $3,530,277.11 $4,608,359.37 $4,827,497.52 Total Revenues Less Expenditures -$229,647.91 $114,673.30 -$637,446.10 -$933,859.37 -$994,997.52 Ending Fund Balance $892,546.09 $1,239,002.30 -$260,364.10 -$556,777.37 -$1,328,868.52 Water Operating Fund 114
Proposed Budget FY 2026-27 | Riverbank Page 188

Included in the operating budget are the long-term debt payments. Below is information on long-term debt:

Water Outstanding Long-Term Debt
FY 2026-2027
Funding
Maturity
Date
Balance Principal Interest Total Due
2015 Water Long-Term Lease Dec 2027 $567,702 $376,366 $10,573 $386,939 2022 Energy Efficiency
Project -Water
Aug 2042 $537,969 $22,934 $20,270 $43,204
Total $1,105,671 $399,300 $30,843 $430,144
Water Operating Fund Summary
Revenues vs Expenditures Summary
Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Actual Expenditures Over Budget Expenditures Budgeted 2025 2026 2027
0 $1M
$2M
$3M
$4M
$5M
$6M
Water Operating Fund 114
Proposed Budget FY 2026-27 | Riverbank Page 189

Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Fines, Forfeitures, Penalties Transfers In Charges for Services
FY27 Revenues by Revenue Source
Charges for Services $3,749,500 97.83%
Fines, Forfeitures, Penalties $68,000 1.77%
Interest Income $15,000 0.39%
Category FY 2024 Actual FY 2025 Actual FY 2026 Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $3,217,388.35 $3,406,499.36 $2,807,030.07 $3,490,500.00 $3,749,500.00 7.42% Fines, Forfeitures, Penalties $62,215.87 $63,066.63 $68,122.51 $80,000.00 $68,000.00 -15.00% Interest Income $29,351.50 $38,115.40 $17,678.43 $29,000.00 $15,000.00 -48.28% Transfers In $302,913.16 $914,239.14 - $75,000.00 - -100.00% Total Revenues $3,611,868.88 $4,421,920.53 $2,892,831.01 $3,674,500.00 $3,832,500.00 4.30% $4M
$3M
$4M
FY2025 FY2026 FY2027
0 $2M
$4M
$6M

3.83M
Revenues by Revenue Source
Water Operating Fund 114
Proposed Budget FY 2026-27 | Riverbank Page 190

Expenditures by Department
Historical Expenditures by Department
Water Connection Water Collection
FY27 Expenditures by Department
Water Collection $4,827,498 100.00%
Category FY 2024 Actual FY 2025 Actual FY 2026 Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Water Connection $648.38 $648.38 - - - -
Water Collection $3,840,868.41 $4,306,598.85 $3,530,277.11 $4,608,359.37 $4,827,497.52 4.76% Total Expenditures $3,841,516.79 $4,307,247.23 $3,530,277.11 $4,608,359.37 $4,827,497.52 4.76% $4M
$4M
$5M
FY2025 FY2026 FY2027
0 $2M
$4M
$6M

4.83M
Expenditures by Department
Water Operating Fund 114
Proposed Budget FY 2026-27 | Riverbank Page 191

Water Capital Improvement Fund 116
The General Fund serves as the City’s primary operating fund. It is used to account for all financial resources that are not specifically required to be recorded in a separate fund.

Water Capital Improvement Fund Comprehensive Fund
Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $2,902,963.00 $3,067,155.00 $2,988,870.00 $2,988,870.00 $3,249,221.00 Revenues
Charges for Services $4,830.59 $6,476.97 -$2,688.38 - - Interest Income $9,604.37 $70,278.85 $54,016.71 $17,500.00 $25,000.00 Transfers In $217,322.90 $93,863.33 $416,666.65 $355,600.00 $250,000.00 Total Revenues $231,757.86 $170,619.15 $467,994.98 $373,100.00 $275,000.00 Expenditures
Capital Expenses/ Projects - $81,365.93 $57,629.41 $1,170,000.00 $741,700.00 Transfers Out $67,565.95 $222,319.85 - - -
Total Expenditures $67,565.95 $303,685.78 $57,629.41 $1,170,000.00 $741,700.00 Total Revenues Less Expenditures $164,191.91 -$133,066.63 $410,365.57 -$796,900.00 -$466,700.00 Ending Fund Balance $3,067,154.91 $2,934,088.37 $3,399,235.57 $2,191,970.00 $2,782,521.00 Water Capital Improvement Fund 116
Proposed Budget FY 2026-27 | Riverbank Page 192

Water Capital Improvement Fund Summary
Revenues vs Expenditures Summary
Revenues by Revenue Source
Historical Revenue by Revenue Source
Charges for Services Interest Income Transfers In
Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Actual Expenditures Budgeted
2025 2026 2027
0 $250K
$500K
$750K
$1,000K
$1,250K
$$117711KK
$$446688KK
$$227755KK
FY2025 FY2026 FY2027
-$200K
0 $200K
$400K
$600K
Water Capital Improvement Fund 116
Proposed Budget FY 2026-27 | Riverbank Page 193

FY27 Revenues by Revenue Source
Transfers In $250,000 90.91%
Interest Income $25,000 9.09%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $4,830.59 $6,476.97 -$2,688.38 - - - Interest Income $9,604.37 $70,278.85 $54,016.71 $17,500.00 $25,000.00 42.86% Transfers In $217,322.90 $93,863.33 $416,666.65 $355,600.00 $250,000.00 -29.70% Total Revenues $231,757.86 $170,619.15 $467,994.98 $373,100.00 $275,000.00 -26.29% Expenditures by Department
Historical Expenditures by Department
Water Capital Improvements
275K
Revenues by Revenue Source
$$330044KK
$58K
$$774422KK
FY2025 FY2026 FY2027
0 $250K
$500K
$750K
$1,000K
Water Capital Improvement Fund 116
Proposed Budget FY 2026-27 | Riverbank Page 194

FY27 Expenditures by Department
Water Capital Improvements $741,700 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Water Capital Improvements $67,565.95 $303,685.78 $57,629.41 $1,170,000.00 $741,700.00 -36.61% Total Expenditures $67,565.95 $303,685.78 $57,629.41 $1,170,000.00 $741,700.00 -36.61% 742K
Expenditures by Department
Water Capital Improvement Fund 116
Proposed Budget FY 2026-27 | Riverbank Page 195

Water Connection Fund 157
The General Fund serves as the City’s primary operating fund. It is used to account for all financial resources that are not specifically required to be recorded in a separate fund.

Water Connection Fund Comprehensive Fund Summary
Water Connection Fund Summary
Revenues vs Expenditures Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $1,029,629.00 $1,159,518.00 $1,253,922.00 $1,253,922.00 $1,061,707.00 Revenues
Charges for Services $105,900.00 $62,792.20 $81,282.80 $50,000.00 $50,000.00 Interest Income $23,989.53 $34,941.79 $24,002.52 $10,000.00 $12,500.00 Total Revenues $129,889.53 $97,733.99 $105,285.32 $60,000.00 $62,500.00 Expenditures
Capital Expenses/ Projects - $3,330.00 - - -
Transfers Out - - - $300,000.00 -
Total Expenditures - $3,330.00 - $300,000.00 -
Total Revenues Less Expenditures $129,889.53 $94,403.99 $105,285.32 -$240,000.00 $62,500.00 Ending Fund Balance $1,159,518.53 $1,253,921.99 $1,359,207.32 $1,013,922.00 $1,124,207.00 Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Actual Expenditures Budgeted
2025 2026 2027
0 $25K
$50K
$75K
$100K
$125K
Water Connection Fund 157
Proposed Budget FY 2026-27 | Riverbank Page 196

Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Charges for Services
FY27 Revenues by Revenue Source
Charges for Services $50,000 80.00%
Interest Income $12,500 20.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $105,900.00 $62,792.20 $81,282.80 $50,000.00 $50,000.00 - Interest Income $23,989.53 $34,941.79 $24,002.52 $10,000.00 $12,500.00 25.00% Total Revenues $129,889.53 $97,733.99 $105,285.32 $60,000.00 $62,500.00 4.17% $98K
$$110055KK
$63K
FY2025 FY2026 FY2027
0 $50K
$100K
$150K

62.5K
Revenues by Revenue Source
Water Connection Fund 157
Proposed Budget FY 2026-27 | Riverbank Page 197

Water Master Plan Preparation Fund 161
The General Fund serves as the City’s primary operating fund. It is used to account for all financial resources that are not specifically required to be recorded in a separate fund.

Water Master Plan Preparation Fund Comprehensive Fund
Summary
Water Master Plan Preparation Fund Summary
Revenues vs Expenditures Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $36,347.00 $41,190.00 $42,432.00 $42,432.00 $44,241.00 Revenues
Charges for Services $4,525.16 $978.50 $1,520.26 - -
Interest Income $318.53 $262.50 $469.43 - $350.00
Total Revenues $4,843.69 $1,241.00 $1,989.69 - $350.00
Expenditures
Total Expenditures - - - - -
Total Revenues Less Expenditures $4,843.69 $1,241.00 $1,989.69 - $350.00 Ending Fund Balance $41,190.69 $42,431.00 $44,421.69 $42,432.00 $44,591.00 Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Budgeted
2025 2026 2027
0 $500
$1,000
$1,500
$2,000
$2,500
Water Master Plan Preparation Fund 161
Proposed Budget FY 2026-27 | Riverbank Page 198

Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Charges for Services
FY27 Revenues by Revenue Source
Interest Income $350 100.00%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $4,525.16 $978.50 $1,520.26 - - -
Interest Income $318.53 $262.50 $469.43 - $350.00 -
Total Revenues $4,843.69 $1,241.00 $1,989.69 - $350.00 - $1K
$2K
$0K
FY2025 FY2026 FY2027
0 $1K
$2K
$3K
350
Revenues by Revenue Source
Water Master Plan Preparation Fund 161
Proposed Budget FY 2026-27 | Riverbank Page 199

System Development Water Fund 206
The General Fund serves as the City’s primary operating fund. It is used to account for all financial resources that are not specifically required to be recorded in a separate fund.

System Development Water Fund Comprehensive Fund
Summary
Comprehensive Fund Summary
Category
FY 2024
Actual
FY 2025
Actual
FY 2026
Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
Beginning Fund Balance $981,227.00 $1,688,404.00 $1,658,539.00 $1,658,539.00 $2,417,925.00 Revenues
Charges for Services $933,098.85 $613,434.48 $1,035,171.80 $400,000.00 $450,000.00 Interest Income $9,425.98 $48,563.98 $33,851.80 $8,000.00 $18,000.00 Transfers In - - $814,627.24 - -
Total Revenues $942,524.83 $661,998.46 $1,883,650.84 $408,000.00 $468,000.00 Expenditures
Capital Expenses/ Projects - -$55.03 $2,317,334.14 $118,853.00 - Transfers Out $235,347.21 $691,919.29 - - -
Total Expenditures $235,347.21 $691,864.26 $2,317,334.14 $118,853.00 - Total Revenues Less Expenditures $707,177.62 -$29,865.80 -$433,683.30 $289,147.00 $468,000.00 Ending Fund Balance $1,688,404.62 $1,658,538.20 $1,224,855.70 $1,947,686.00 $2,885,925.00 System Development Water Fund 206
Proposed Budget FY 2026-27 | Riverbank Page 200

System Development Water Fund Summary
Revenues vs Expenditures Summary
Revenues by Revenue Source
Historical Revenue by Revenue Source
Interest Income Transfers In Charges for Services
Revenue Actual Revenue Surplus Revenue Budgeted
Expenditures Actual Expenditures Over Budget Expenditures Budgeted 2025 2026 2027
0 $500K
$1,000K
$1,500K
$2,000K
$2,500K
$$666622KK
$$$111,,,888888444KKK
$$446688KK
FY2025 FY2026 FY2027
0 $500K
$1,000K
$1,500K
$2,000K
System Development Water Fund 206
Proposed Budget FY 2026-27 | Riverbank Page 201

FY27 Revenues by Revenue Source
Charges for Services $450,000 96.15%
Interest Income $18,000 3.85%
Category
FY 2024
Actual
FY 2025
Actual
FY 2026 Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Charges for Services $933,098.85 $613,434.48 $1,035,171.80 $400,000.00 $450,000.00 12.50% Interest Income $9,425.98 $48,563.98 $33,851.80 $8,000.00 $18,000.00 125.00% Transfers In - - $814,627.24 - - -
Total Revenues $942,524.83 $661,998.46 $1,883,650.84 $408,000.00 $468,000.00 14.71% Expenditures by Department
Historical Expenditures by Department
Sys Dev Water Imprv
468K
Revenues by Revenue Source
$1M
$2M
0 FY2025 FY2026 FY2027
0 $1M
$2M
$3M
System Development Water Fund 206
Proposed Budget FY 2026-27 | Riverbank Page 202

Category
FY 2024
Actual
FY 2025
Actual
FY 2026 Actual
FY 2025-26
Amended
Budget
FY 2027
Budgeted
FY 2025-26
Amended
Budget vs. FY
2027
Budgeted (%
Change)
Sys Dev Water Imprv $235,347.21 $691,864.26 $2,317,334.14 $118,853.00 - -100.00% Total Expenditures $235,347.21 $691,864.26 $2,317,334.14 $118,853.00 - -100.00% Expenditures by Department
System Development Water Fund 206
Proposed Budget FY 2026-27 | Riverbank Page 203

Item 11.1. - CC / LRA – 6/23/2026

RIVERBANK CITY COUNCIL / LRA BOARD
AGENDA ITEM NO. 11.1.

SECTION : NEW BUSINESS
Meeting Date: 6/23/2026
Subject: Resolution Appointing Members To the Budget Advisory Committee and Establishing Staggered Terms of Office
From: Marisela H. Garcia, City Manager
Submitted by: Gabriela Hernandez, City Clerk

RECOMMENDATION
Staff reccommends appointing the following individuals to the Budget Advisory Committee and Establishing Staggered terms of office as follows:

Two-Year Terms (July 1, 2026 – June 30, 2028)
Dr. Janet Nunez-Pineda
Seabre Dillard
Kimberlly Lainez
One-Year Terms (July 1, 2026 – June 30, 2027)
Michael Christie
Mark Heinzinger

SUMMARY
The Budget Advisory Committee is established to serve in an advisory capacity to the City Council.

The Committee's purpose is to review and discuss budget-related matters referred to it by the City Council and provide recommendations for consideration. The Committee shall have no independent decision-making authority, and all final budgetary and policy decisions shall remain with the City Council.

The Committee will provide an opportunity for residents to participate in the City's budget process and offer valuable community perspectives regarding fiscal priorities and financial planning.

The Budget Advisory Committee shall meet quarterly on the fourth Wednesday of July, October, January, and April. All meetings shall be held in the City Council Chambers at Riverbank City Hall and conducted in accordance with the provisions of the Ralph M. Brown Act and all applicable laws governing public meetings.

Item 11.1. - CC / LRA – 6/23/2026

STRATEGIC PLAN
This action supports the City's 2025-2030 Strategic Plan Goal to "Prioritize Financial Stabiliy" by establishing a Budget Advisory Committee with Citizen involvement.

BACKGROUND
At the direction of the City council, the City Clerk initiated recruitment for vacancies on the Budget Advisory Committee on February 19, 2026. Applications were accepted with a first review after the April 9, 2026 deadline, and a total of seven (7) applications were received.

Mayor Hernandez and Assistant City Manager Alcantor conducted interviews on May 14, 2026. All seven candidates were evaluated using a standardized interview process and scoring criteria to assess their qualifications, interest in public service, and ability to contribute to the Committee's purpose. Following the completion of the interviews, the interview panel reviewed and evaluated the candidates' scoring sheets. Based on the interview results and overall scores, Mayor Hernandez and Assistant City Manager Alcantor recommend the top five ranked candidates for appointment to the five available seats on the Budget Advisory Committee. The recommended appointments reflect the interview panel's overall candidate rankings, with the highest-ranked candidates receiving the initial two-year terms and the remaining recommended candidates receiving the initial one-year terms to establish staggered terms for the Committee.

FINANCIAL IMPACT
There is no fiscal impact associated with the recommended appointments.

ATTACHMENTS

1. Resolution 2026-

CC/LRA – 06/23/2026
CC Resolution 2026-

CITY OF RIVERBANK
RESOLUTION 2026-

A RESOLUTION OF THE CITY COUNCIL

OF THE CITY OF RIVERBANK, CALIFORNIA

APPOINTING MEMBERS TO THE BUDGET ADVISORY COMMITTEE AND

ESTABLISHING STAGGERED TERMS OF OFFICE

THE CITY OF RIVERBANK CITY COUNCIL (HEREAFTER REFERRED TO AS THE “CITY COUNCIL”) DOES HEREBY RESOLVE THAT:

WHEREAS, On June 28, 2010, the City Council formed the Budget Advisory Committee to provide recommendations, in an advisory role, to City Council on projects, programs and policies related to the City' s operating budget and annual audits; and, WHEREAS, the City Council desires to promote transparency, accountability, and community engagement in the City’s budget process; and
WHEREAS, recruitment for the Budget Advisory Committee commenced on February 19, 2026, and remained open through April 9, 2026; and WHEREAS Mayor Hernandez and Assistant City Manager Alcantar conducted interviews and evaluated applicants using a standardized scoring process; and WHEREAS, based upon the results of the interviews and evaluation process, the Mayor and Assistant City Manager have recommended the appointment of five qualified applicants to serve on the Budget Advisory Committee; and WHEREAS, the City Council finds that staggered terms are necessary to ensure continuity and effective operation of the Committee.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Riverbank as follows:

Section 1. Appointments
The following individuals are hereby appointed to the Budget Advisory Committee for the following staggered terms:

Two-Year Terms-July 1, 2026 through June 30, 2028
• Dr. Janet Nunez-Pineda
• Seabre Dillard
• Kimberlly Lainez

CC/LRA – 06/23/2026
CC Resolution 2026-

One-Year Terms-July 1, 2026 through June 30, 2027
• Michael Christie
• Mark Heinzinger
Section 2. Purpose and Authority
The Budget Advisory Committee shall serve in an advisory capacity to the City Council.

The Committee shall review and discuss budget-related matters referred to it by the City Council and may provide recommendations for consideration. The Committee shall have no independent decision-making authority, and all final budgetary and policy decisions shall remain with the City Council.

Section 3. Meeting Schedule
The Budget Advisory Committee shall meet quarterly on the fourth Wednesday of July, October, January, and April, unless otherwise directed by the City Council. All meetings shall be held in the City Council Chambers at Riverbank City Hall and conducted in accordance with the Ralph M. Brown Act and all applicable laws governing public meetings.

Section 4. Effective Date
This Resolution shall become effective immediately upon its adoption.

NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Riverbank does hereby approve the aforementioned appointment as stated. Said appointee shall begin their term July 1, 2026 and may temporarily serve beyond their expiration date until a new appointment has been made.

PASSED AND ADOPTED by the City Council of the City of Riverbank at a regular meeting held on the 23rd day of June 2026, motioned by Councilmember_________, seconded by Councilmember __________, and upon roll call was carried by the following City Council vote of ___:

AYES:

NAYS:

ABSENT:

ABSTAINED:

ATTEST: APPROVED:
________________________________ __________________________ Gabriela Hernandez, CMC Rachel Hernandez
City Clerk Mayor

Item 11.2. - CC / LRA – 6/23/2026

RIVERBANK CITY COUNCIL / LRA BOARD
AGENDA ITEM NO. 11.2.

SECTION : NEW BUSINESS
Meeting Date: 6/23/2026
Subject: Resolution Considering the Approval of a Memorandum of Understanding Between the City of Riverbank and Opportunity Stanislaus for Economic Development Services for the 2026-27 Fiscal Year
From: Marisela H. Garcia, City Manager
Submitted by: Marisela Garcia, City Manager

RECOMMENDATION
It is recommended that the City Council provide direction on continuing the partnership with Opportunity Stanislaus. Should Council desire to continue this partnership, a Resolution approving a Memorandum of Understanding with Opportunity Stanislaus for Economic Development Services has been prepared for adoption.

SUMMARY
The existing Memorandum of Understanding with Opportunity Stanislaus is expiring as of June 30, 2026. The proposed Memorandum of Understanding is for a one-year term expiring June 30, 2027.

Should Council desire to continue the partnership with Opportunity Stanislaus, a Resolution has been prepared authorizing the approval of the Memorandum of Understanding.

STRATEGIC PLAN
This item would support the City Council's Strategic Plan Goal to "Support Downtown Revitalization & Economic Development."

BACKGROUND
The City of Riverbank and Opportunity Stanislaus have been partners (through similar MOU agreements) for many years. From 2002-2013 the City partnered with the Stanislaus Business Alliance, whose goal was to create a blueprint for success to make Stanislaus County the strategic business choice for existing and expanding businesses by focusing on job creation, business assistance, and workforce preparation activities. Re-branded as Opportunity Stanislaus, they have taken the lead on a variety of regional and City-specific economic development initiatives over the years. Opportunity Stanislaus also provides resources for a variety of Stanislaus County Businesses through their Small Business Development Center. Additionally, Stanislaus County has established the VOLT Institute which provides critical job training services directed toward manufacturing type employment of which great need exists within our region.

In 2021, Opportunity Stanislaus undertook a strategic plan update which was designed to enhance, add and shift priorities for the organization. Opportunity Stanislaus had detailed within their MOU a variety of services to be provided as part of the agreement. Some of those services were regional (county-wide) while others are Riverbank specific. Along with the updated MOU, the City’s

Item 11.2. - CC / LRA – 6/23/2026
contribution towards this economic development effort increased from $10,000 to $25,000 per year. The 2021 MOU was a five-year agreement which ends June 30, 2026.

With the lack of our own Economic Development staff the City has relied on the services of Opportunity Stanislaus to assist our local businesses, who are also expanding and growing, by offering workshops and funding opportunities. In 2020, during the COVID-19 pandemic, Opportunity Stanislaus assisted the City by overseeing the administration of grant funds towards the Riverbank Business Assistance Grant Program. The City allocated an initial $250,000 from CARES Act Funding received from Stanislaus County to provide small business grants designed to cover operational expenses for businesses that experienced a decline in revenue due to the pandemic closures. Opportunity Stanislaus was instrumental in overseeing the marketing, application receipt, application screening, and performing a preliminary analysis of the applications. Ultimately, the City was able to award $360,000 in grant funds thanks to the efforts by Opportunity Stanislaus.

With the assistance of the Small Business Development Center (SBDC), the City has offered workshops to local businesses to inform and provide training on topics such as funding opportunities, Social Media 101 for Small Businesses, and the Introduction to Business 101 workshop. In addition, SBDC has partnered with the Riverbank Chamber of Commerce to provide training such as Taxes 101 for Businesses and has hosted the Business 101 Cohort for individuals interested in starting a business. Councilmember Uribe has also hosted a Small Business meeting with the assistance of SBDC. Council member Call was invited to join SBDC in visits to small businesses in downtown Riverbank for outreach and education on what SBDC can offer.

MOU REVIEW
During the FY 2025-26 Budget Workshop, a majority of the City Council requested a review of the existing MOU with Opportunity Stanislaus to allow for an evaluation of the services being provided. Dave White, CEO of Opportunity Stanislaus, presented on the topic and shared information on its partnership with the City at the September 9, 2025 meeting. Since then, Council member Call and the City Manager have met with the CEO to discuss programs and opportunities that would be of benefit to the City. These meetings yielded a listing of "Programs and Opportunities" that Opportunity Stanislaus and the City could partner on that focused on topics such as:
• Downtown Revitalization & Small Business Growth
• Industrial & Commercial Development
• Workforce & Education Partnerships
• Housing & Development Support
• Infrastructure & Innovation Support
• Communication & Reporting
• Fiscal Sustainability & Accountability
Based on feedback received from Council at the September 23, 2025 meeting staff proceeded with evaluating and/or implementing recommended programs such as:

1. Development of the VOLT Institute Scholarship Guidelines

2. Two City Employees attending VOLT Institute

3. Meetings with City Staff to discuss development opportunities

4. Workshops, Brew & Builds, at the Riverbank Industrial Complex (RIC)

Item 11.2. - CC / LRA – 6/23/2026

5. VOLT on the Go opportunities at Sierra House, and upcoming opportunities to host VOLT on the GO at the RIC and Scout Hall.

OPTIONS
Should the City Council desire to not move forward with an MOU with Opportunity Stanislaus, the City Council may direct staff to investigate other potential options for Economic Development Services, such as expanded partnerships with local Chambers of Commerce, or investing in capacity building with internal staff.

FINANCIAL IMPACT
The City would agree to compensate Opportunity Stanislaus the amount of $25,000 for services rendered uder this MOU. The cost paid under the previous MOU was also $25,000 which was paid annually from the General Fund. Under the new MOU, this cost would be paid quarterly upon the receipt of the City-approved quarterly reports.

Should the City Council not move forward with approving the Memorandum of Understanding, these funds can be designated towards another Economic Development Services option.

ATTACHMENTS

1. Opportunity Stanislaus FY 2025-26 Report

2. Opportunity Stanislaus FY 2026-27 Memorandum of Understanding

3. Resolution

MEMORANDUM OF UNDERSTANDING
Between the City of Riverbank and Opportunity Stanislaus for Economic Development Services
This Memorandum of Understanding (“MOU”) is entered into this ___ day of __________, 2026, by and between the City of Riverbank, a municipal corporation (“City”), and Stanislaus Business Alliance (dba Opportunity Stanislaus or OS), a nonprofit economic development corporation (“OS”).

RECITALS
WHEREAS, the City of Riverbank has adopted the 2025–2030 Strategic Plan, which includes supporting economic development, downtown revitalization, business growth, and strategic partnerships to cultivate a sustainable local economy; and WHEREAS, Opportunity Stanislaus provides economic development and workforce services throughout Stanislaus County, including business assistance, workforce development, market research, and partnership facilitation; and
WHEREAS, the City and OS seek to establish a collaborative relationship to implement strategies and actions that support Riverbank’s economic development goals while ensuring measurable, Riverbank-specific outcomes.

NOW, THEREFORE, in consideration of the mutual commitments contained herein, the parties agree as follows:

1. PURPOSE
The purpose of this MOU is to formalize the roles, responsibilities, and deliverables of Opportunity Stanislaus in providing economic development support to the City of Riverbank to advance key strategic priorities in Riverbank’s 2025–2030 Strategic Plan, including:
 Promoting business attraction, retention, and expansion.  Supporting downtown revitalization and commercial corridor development.  Provide technical business assistance to small businesses through the Valley Sierra SBDC
 Assisting local businesses with workforce development and training initiatives.  Facilitating strategic partnerships with regional and state partners.

2. TERM
This MOU shall be effective from July 1, 2026, through June 30, 2027, unless extended or terminated earlier as provided herein.

3. SCOPE OF SERVICES
Opportunity Stanislaus will provide the following services to support the City’s economic development goals:

3.1 Business Outreach & Engagement
 Conduct targeted outreach to Riverbank business owners to identify needs, challenges, and expansion opportunities.
 Coordinate and host Riverbank-specific business workshops and business advising.

3.2 Workforce Development Support
 Facilitate workforce training connections and referral services tailored to Riverbank employers and job seekers.
 Provide labor market data research and analysis to support local hiring strategies.  In partnership with the City and the Riverbank Industrial Complex (RIC) host at least one VOLT on the Go cohort at the RIC and provide training to RIC company employees and Riverbank residents that will prepare them for high paying manufacturing jobs.  The City of Riverbank will also receive an annual credit of 50 percent of their annual investment that can be used toward VOLT training. This credit could be applied to city employees, their family members or city residents, however the City Council deems appropriate.

3.3 Market Analysis & Strategic Support
 Prepare market assessments for priority commercial and industrial areas identified by the City.
 Advise City staff on economic trends, incentive tools, and strategic opportunities.

3.4 Partnership Facilitation
 Connect the City with county, regional and state economic development resources, including funding programs, site selectors, and investor networks.  Support City participation in regional economic initiatives to amplify Riverbank’s profile.

3.5 Impact Project Coordination and Support
 Working with our partners at the City of Riverbank identify and pursue an impact quality of life project such as a waterpark that will enhance the city’s quality of place and as a choice destination in which to live.

3.6 Reporting & Performance Metrics

 Provide quarterly reports outlining activities, outcomes, and measurable impacts specific to Riverbank (e.g., businesses assisted, workforce engagements, referrals, events hosted, and any economic indicators).
 Meet with City staff quarterly to review progress and adjust strategies.

4. COMPENSATION
The City agrees to compensate Opportunity Stanislaus an amount of $ 25,000 for services rendered under this MOU, payable in quarterly installments upon receipt of City-approved quarterly reports and deliverables.

5. PERFORMANCE METRICS
Opportunity Stanislaus agrees to the following performance metrics tied to City priorities:
 Number of Riverbank business engagements and consultations.  Number of workforce training referrals and employer connections.  Quarterly summary of trackable outcomes (e.g., business expansions, investment inquiries).
 Evidence of Riverbank-focused events or presentations.

6. RELATIONSHIP OF PARTIES
The parties acknowledge that OS is an independent contractor and not an employee, partner, or agent of the City. OS is responsible for its own staffing, operations, and compliance with applicable laws.

7. CONFIDENTIALITY
Each party will protect confidential information exchanged as part of this MOU and will not disclose such information without prior written consent, except as required by law.

8. TERMINATION

Either party may terminate this MOU for any reason with 60 days’ written notice. Upon termination, OS will provide a final report summarizing all activities and outcomes through the termination date.

9. GENERAL PROVISIONS

9.1 Amendments: This MOU may be amended in writing and signed by both parties.

9.2 Governing Law: This MOU shall be governed by the laws of the State of California.

9.3 Entire Agreement: This MOU constitutes the entire agreement between the parties regarding the subject matter.

IN WITNESS WHEREOF, the parties have executed this Memorandum of Understanding.

City of Riverbank
By: __________________________
Name: ________________________
Title: _________________________
Date: _________________________
Opportunity Stanislaus
By: __________________________
Name: ________________________
Title: _________________________
Date: _________________________

CC/LRA – 06/23/2026
CC Resolution 2026-

CITY OF RIVERBANK
RESOLUTION 2026-

A RESOLUTION OF THE CITY COUNCIL

OF THE CITY OF RIVERBANK, CALIFORNIA

APPROVING A MEMORANDUM OF UNDERSTANDING BETWEEN THE CITY OF

RIVERBANK AND OPPORTUNITY STANISLAUS FOR ECONOMIC DEVELOPMENT SERVICES FOR THE FISCAL YEAR 2026-27

THE CITY OF RIVERBANK CITY COUNCIL (HEREAFTER REFERRED TO AS THE “CITY COUNCIL”) DOES HEREBY RESOLVE THAT:

WHEREAS, the City of Riverbank has developed and adopted a Strategic Plan which includes supporting economic development, downtown revitalization, business growth, and strategic partnerships to cultivate a sustainable local economy; and WHEREAS, Opportunity Stanislaus provides economic development and workforce services throughout Stanislaus County including business assistance, workforce development, market research, and partnership facilitation; and

WHEREAS, the City and Opportunity Stanislaus seek to establish a collborative relationship to implement strategies and actions that support Riverbank’s economic development goals while ensuring measurable, Riverbank-specific outcomes; and

WHEREAS, the Memorandum of Understanding is proposed to be a one-year agreement beginning July 1, 2026 through June 30, 2027; and

WHEREAS, the City’s investment as part of this Memorandum of Understanding would continue to be $25,000 for the year, payable quarterly; and WHEREAS, the City’s General Fund budget for the 2026-2027 Fiscal Year has allocated these funds towards economic development.

NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Riverbank does hereby approve the Memorandum of Understanding between the City and Opportunity Stanislaus for Economic Development Services for the Fiscal Year 2026- 27 and authorizes the City Manager to execute the agreement.

PASSED AND ADOPTED by the City Council of the City of Riverbank at a regular meeting held on the 23rd day of June, 2026; motioned by Councilmember __________, seconded by Councilmember __________, and upon roll call was carried by the following City Council vote of ______:

CC/LRA – __/__/____
CC Resolution 2026-

AYES:

NAYS:

ABSENT:

ABSTAINED:

ATTEST: APPROVED:
________________________________ __________________________ Gabriela Hernandez, CMC Rachel Hernandez
City Clerk Mayor
Attachment(s): Memorandum of Understanding between the City of Riverbank and Opportunity Stanislaus for Economic Development Services for Fiscal Year 2026- 27

Item 11.3. - CC / LRA – 6/23/2026

RIVERBANK CITY COUNCIL / LRA BOARD
AGENDA ITEM NO. 11.3.

SECTION : NEW BUSINESS
Meeting Date: 6/23/2026
Subject: Resolution to Award a Professional Services Agreement for the Comprehensive Water Utility Rate Study to LT Municipal Consultants.

From: Marisela H. Garcia, City Manager
Submitted by: Tammy Alcantor, Assistant City Manager

RECOMMENDATION
City Council to consider adopting a Resolution approving a Professional Services Agreement with LT Municipal Consultants for the preparation of a Comprehensive Water Utility Rate Study in an amount not to exceed $55,740 and authorizing the City Manager to execute the agreement.

SUMMARY
The City issued a Request for Proposals (RFP) seeking qualified consulting firms to conduct a Comprehensive Water Utility Rate Study. The study will evaluate the City's existing water rates and financial condition and develop recommendations to ensure the long-term financial sustainability of the Water Enterprise Fund while maintaining compliance with Proposition 218 and other applicable regulations. Preparation of this Study does not bind the City Council to any implementation of updated rates, but will provide the data necessary to consider the health and sustainability of the Water Enterprise Fund.

The scope of work includes development of a ten-year financial plan, cost-of-service analysis, fiveyear rate implementation plan, reserve policy recommendations, review of connection and capacity fees, evaluation of the Utility Rate Assistance Program (URAP), development of a City-owned financial model, and support for the Proposition 218 process.

Staff received five proposals from qualified firms. Following a comprehensive review of the proposals and interviews with selected firms, LT Municipal Consultants was identified as the highest-ranked firm. Staff recommends awarding the contract to LT Municipal Consultants in an amount not to exceed $55,740.

STRATEGIC PLAN
This item supports the City Council's Strategic Plan goal of Prioritize Financial Stability by ensuring that water utility rates are sufficient to support ongoing operations, infrastructure investment, regulatory compliance, and reserve funding while maintaining long-term fiscal sustainability.

Item 11.3. - CC / LRA – 6/23/2026

BACKGROUND
The City of Riverbank operates a municipal water utility serving approximately 7,650 service connections. Water rates have not been adjusted since 2019, and the City's last comprehensive water rate study was completed in 2015.

Since the completion of the last study, the water utility industry has experienced significant changes, including increased operating costs, inflationary pressures, groundwater sustainability requirements, emerging PFAS regulations, aging infrastructure needs, and increased costs associated with maintaining and replacing critical facilities. The City is also evaluating future capital investments, including development of a new groundwater well, storage improvements, treatment upgrades, and other system improvements necessary to maintain reliable service.

Recognizing the need to evaluate current rates and establish a long-term financial plan, the City released a Request for Proposals on March 24, 2026, for a Comprehensive Water Utility Rate Study.

Proposals were due on April 21, 2026.

A total of five proposals were received and evaluated based on qualifications, experience, project approach, project team, references, cost proposal, and interview performance. Following proposal evaluations and consultant interviews, LT Municipal Consultants was identified as the firm best qualified to perform the work.

LT Municipal Consultants specializes in financial planning, utility rate studies, and Proposition 218 compliance services for California public agencies. The firm's proposal demonstrated extensive experience completing water utility rate studies for cities and special districts throughout California, including several Central Valley agencies facing challenges similar to those of Riverbank. Their proposed scope of work closely aligns with the City's objectives and includes a comprehensive review of financial planning, reserve policies, connection and capacity fees, drought rate planning, URAP evaluation, and public outreach.

The proposed project includes:
• Development of a ten-year financial plan and cash flow model; • Cost-of-service and rate design analysis;
• Five-year rate implementation plan;
• Review and recommendations regarding reserve policies; • Connection and capacity fee analysis;
• Utility Rate Assistance Program (URAP) evaluation;
• Proposition 218 support and public outreach assistance; • Development of a fully functional Excel-based financial model for City use; and • Staff training and City Council presentations.

Pending City Council approval, staff anticipates executing the agreement in July 2026 and conducting a project kickoff meeting in mid-to-late July 2026.

FINANCIAL IMPACT
The proposed Professional Services Agreement with LT Municipal Consultants is in an amount not to exceed $55,740.

Funding for this project is included in the proposed Fiscal Year 2026-27 Water Fund budget.

Item 11.3. - CC / LRA – 6/23/2026
Completion of the study will provide the City with a financial roadmap for maintaining the long-term sustainability of the Water Enterprise Fund and funding future capital and regulatory requirements.

ATTACHMENTS

1. Resolution

2. Consultant Agreement Comprehensive Water Utility Rate Study

3. LTMC Riverbank Water Rate Study Proposal

CC/LRA – 06/23/2026
CC Resolution 2026-

CITY OF RIVERBANK
RESOLUTION 2026-

A RESOLUTION OF THE CITY COUNCIL

OF THE CITY OF RIVERBANK, CALIFORNIA

AUTHORIZING THE CITY MANAGER TO EXECUTE A PROFESSIONAL SERVICES

AGREEMENT WITH LT MUNICIPAL CONSULTANTS FOR A COMPREHENSIVE

WATER UTILITY RATE STUDY

THE CITY OF RIVERBANK CITY COUNCIL (HEREAFTER REFERRED TO AS THE “CITY COUNCIL”) DOES HEREBY RESOLVE THAT:

WHEREAS, the City of Riverbank operates a municipal water utility that provides water service to approximately 7,650 service connections; and WHEREAS, the City’s last comprehensive water rate study was completed in 2015 and water rates have not been adjusted since 2019; and

WHEREAS, the City desires to conduct a Comprehensive Water Utility Rate Study to evaluate current rates, develop a long-term financial plan, review connection and capacity fees, and provide recommendations regarding future water rates and financial sustainability; and

WHEREAS, , the City issued a Request for Proposals (RFP) on March 24, 2026 seeking a qualified firm to perform a Comprehensive Water Utility Rate Study; and WHEREAS, five proposals were received by the April 21, 2026 deadline and reviewed for qualifications, experience, methodology, and value; and WHEREAS, the City conducted interviews and reference checks for shortlisted firms and identified LT Municipal Consultants as the most qualified based on their experience, proposed approach, and ability to meet the City’s needs; and WHEREAS, the proposed Professional Services Agreement provides for completion of the comprehensive Water Utility Rate Study in an amount not to exceed $55,740; and
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Riverbank does hereby declare as follows:

1. The City Council hereby approves the Professional Services Agreement with LT Municipal Consultants to conduct a Comprehensive Water Utility Rate Study.

CC/LRA – 06/23/2026
CC Resolution 2026-

2. The City Council authorizes the City Manager to execute the professional services agreement.

PASSED AND ADOPTED by the City Council of the City of Riverbank at a regular meeting held on the 23rd day of June, 2026; motioned by Councilmember __________, seconded by Councilmember __________, and upon roll call was carried by the following City Council vote of ______:

AYES:

NAYS:

ABSENT:

ABSTAINED:

ATTEST: APPROVED:
________________________________ __________________________ Gabriela Hernandez, CMC Rachel Hernandez
City Clerk Mayor
Attachment: Exhibit A – Professional Services Agreement with LT Municipal Consultants

CONSULTANT SERVICES AGREEMENT
City of Riverbank and LT Municipal Consultants

CONSULTANT SERVICES AGREEMENT
THIS CONSULTANT SERVICES AGREEMENT (“Agreement”) is made and entered into this ____ day of ___________ 2026, (the “Effective Date”) by and between the City of Riverbank, a California municipal corporation (“City”), and LT Municipal Consultants, an California Corporation (“Consultant”). City and Consultant may herein be referred to individually as a “Party” and collectively as the “Parties”. There are no other parties to this Agreement.

RECITALS
A. City has issued a request for proposals (“RFP”) for a Comprehensive Water Utility Rate Study, which determined the need for consultant services to evaluate the City’s current water rates and develop recommendations to ensure the water utility remains financially sustainable while maintaining compliance with California law, including Proposition218(the “Project”).

B. Consultant has submitted a proposal to City that includes a scope of proposed consultant services, attached hereto and described more fully in Exhibit A (“Services”).

C. Consultant represents that it is qualified, willing and able to provide the Services to City, and that it will perform Services related to the Project according to the rate schedule attached hereto and described more fully in Exhibit B (the “Rates”).

NOW, THEREFORE, in consideration of the promises and covenants set forth below, the Parties agree as follows:

AGREEMENT

1. Consulting Services. Consultant agrees, during the term of this Agreement, to perform the Services for City in connection with the Project. Any request for services in addition to the Services described in Exhibit A will be considered a request for additional consulting services and not compensated unless the Parties otherwise agree in writing. No subcontract shall be awarded or an outside consultant engaged by Consultant unless prior written approval is obtained from City.

2. Compensation. City shall pay Consultant according to the fee schedule set forth in the Rates, as full remuneration for the performance of the Services. Consultant agrees to maintain a log of time spent in connection with performing the Services. On a monthly basis, Consultant shall provide City, in reasonable and understandable detail, a description of the services rendered pursuant to the Services and in accordance with the Rates. If the work is satisfactorily completed, City shall pay such invoice within thirty (30) days of its receipt. If City disputes any portion of any invoice, City shall pay the undisputed portion within the time stated above, and at the same time advise Consultant in writing of the disputed portion.

3. Confidential Information. Consultant understands and agrees that, in the performance of Services under this Agreement or in the contemplation thereof, Consultant may

CONSULTANT SERVICES AGREEMENT
City of Riverbank and LT Municipal Consultants

have access to private or confidential information that may be owned or controlled by City and that such information may contain proprietary or confidential details, the disclosure of which to third parties may be damaging to City (“Confidential Information”).

Consultant shall not, either during or after the Term, disclose to any third party any Confidential Information without the prior written consent of City. If the City gives Consultant written authorization to make any such disclosure, Consultant shall do so only within the limits and to the extent of that authorization. Such authorization does not guarantee that the City will grant any further disclosure of Confidential Information. Consultant may be directed or advised by the City Attorney on various matters relating to the performance of the Services on the Project or on other matters pertaining to the Project, and in such event, Consultant agrees that it will treat all communications between itself, its employees and its subcontractors as being communications which are within the attorney-client privilege.

4. Term. This Agreement shall become effective on the Effective Date and will continue in effect until the Services provided herein have been completed, unless terminated earlier as provided in Section 6 or 7 below (the “Term”).

5. Termination. City may terminate this Agreement prior to the expiration of the Term (“Termination”), without cause or reason, by notifying Consultant in writing of City’s desire to terminate this Agreement (the “Termination Notice”). Upon receipt of a Termination Notice, Consultant shall immediately cease performing the Services. Consultant will be entitled to compensation, as of the date Consultant receives the Termination Notice, only for Services actually performed.

6. Termination for Cause. Notwithstanding Section 6 above, this Agreement may be terminated by City for cause based on the loss or suspension of any licenses, permits or registrations required for the continued provision of the Services, or Consultant’s malfeasance.

Termination of the Agreement for cause as set forth in this Section shall relieve City from compensating Consultant.

7. Performance by Key Employee. Consultant has represented to City that Alison Lechowicz will be the person primarily responsible for the performance of the Services and all communications related to the Services. City has entered into this Agreement in reliance on that representation by Consultant.

8. Property of City. The following will be considered and will remain the property of City:

A. Documents. All reports, drawings, graphics, working papers and Confidential Information furnished by City in connection with the Services (“Documents”).

Nothing herein shall be interpreted as prohibiting or limiting City’s right to assign all or some of City’s interests in the Documents.

B. Data. All data collected by Consultant and produced in connection with the Services including, but not limited to, drawings, plans, specifications, models, flow diagrams,

CONSULTANT SERVICES AGREEMENT
City of Riverbank and LT Municipal Consultants

visual aids, calculations, and other materials (“Data”). Nothing herein shall be interpreted as prohibiting or limiting City’s right to assign all or some of City’s interests in the Data.

C. Delivery of Documents and Data. Consultant agrees, at its expense and in a timely manner, to return to City all Documents and Data upon the conclusion of the Term or in the event of Termination.

9. Duties of City. In order to permit Consultant to render the services required hereunder, City shall, at its expense and in a timely manner:

A. Provide such information as Consultant may reasonably require to undertake or perform the Services;

B. Promptly review any and all documents and materials submitted to City by Consultant in order to avoid unreasonable delays in Consultant’s performance of the Services; and C. Promptly notify Consultant of any fault or defect in the performance of Consultant’s services hereunder.

10. Representations of Consultant. City relies upon the following representations by Consultant in entering into this Agreement:

A. Qualifications. Consultant represents that it is qualified to perform the Services and that it possesses the necessary licenses, permits and registrations required to perform the Services or will obtain such licenses or permits prior to the time such licenses or permits are required. Consultant represents and warrants to City that Consultant shall, at Consultant’s sole cost and expense, keep in effect or obtain at all times during the Term of this Agreement, any licenses, permits, and registrations that are legally required for Consultant to practice Consultant's profession at the time the Services are rendered.

B. Consultant Performance. Consultant represents and warrants that all Services under this Agreement shall be performed in a professional manner and shall conform to the customs and standards of practice observed on similar, successfully completed projects by specialists in the Services to be provided. Consultant shall adhere to accepted professional standards as set forth by relevant professional associations and shall perform all Services required under this Agreement in a manner consistent with generally accepted professional customs, procedures and standards for such Services. All work or products completed by Consultant shall be completed using the best practices available for the profession and shall be free from any defects. Consultant agrees that, if a Service is not so performed, in addition to all of its obligations under this Agreement and at law, Consultant shall re-perform or replace unsatisfactory Service at no additional expense to City.

11. Compliance with Laws and Standards. Consultant shall insure compliance with all applicable federal, state, and local laws, ordinances, regulations and permits, including but not limited to federal, state, and county safety and health regulations. Consultant shall perform all work according to generally accepted standards within the industry. Consultant shall comply with

CONSULTANT SERVICES AGREEMENT
City of Riverbank and LT Municipal Consultants

all ordinances, laws, orders, rules, and regulations, including the administrative policies and guidelines of Client pertaining to the work.

12. Independent Contractor; Subcontracting. Consultant will employ, at its own expense, all personnel reasonably necessary to perform the Services. All acts of Consultant, its agents, officers, employees and all others acting on behalf of Consultant relating to this Agreement will be performed as independent contractors. Consultant, its agents and employees will represent and conduct themselves as independent contractors and not as employees of City. Consultant has no authority to bind or incur any obligation on behalf of City. Except as City may specify in writing, Consultant shall have no authority, express or implied, to act on behalf of City in any capacity whatsoever as an agent. Consultant shall have no authority, express or implied, pursuant to this Agreement to bind City to any obligation whatsoever. Consultant is prohibited from subcontracting this Agreement or any part of it unless such subcontracting is expressly approved by City in writing.

13. Insurance. Consultant and all of Consultant’s contractors and subcontractors shall obtain and maintain insurance of the types and in the amounts described in this paragraph and its subparagraphs with carriers reasonably satisfactory to City.

A. General Liability Insurance. Consultant shall maintain occurrence version commercial general liability insurance or an equivalent form with a limit of not less than Two Million Dollars ($2,000,000) per claim and Two Million Dollars ($2,000,000) for each occurrence.

B. Workers’ Compensation Insurance. Consultant shall carry workers’ compensation insurance as required by the State of California under the Labor Code. Consultant shall also carry employer’s liability insurance in the amount of One Million Dollars ($1,000,000.00) per accident, with a One Million Dollar ($1,000,000.00) policy limit for bodily injury by disease, and a One Million Dollar ($1,000,000.00) limit for each employee’s bodily injury by disease.

C. Errors and Omissions Liability. Consultant shall carry errors and omissions liability insurance in the amount of no less than One Million Dollars ($1,000,000.00) per occurrence or greater if appropriate for the Consultant's profession. Architects and engineers coverage is to be endorsed to include contractual liability. Any deductibles or self-insured retentions must be declared to and approved by the City. At the option of the City, either the insurer shall reduce or eliminate such deductibles or self-insured retentions with respect to the City, elected and appointed councils, commissions, directors, officers, employees, agents, and representatives (“City’s Agents”); or the Consultant shall provide a financial guarantee satisfactory to the City guaranteeing payment of losses and related investigations, claims administration and defense expenses.

D. Other Insurance Requirements. Within five (5) days of the Effective Date, Consultant shall provide City with certificates of insurance for all of the policies required under this Agreement (“Certificates”), excluding the required worker’s compensation insurance.

Such Certificates shall be kept current for the Term of the Agreement and Consultant shall be

CONSULTANT SERVICES AGREEMENT
City of Riverbank and LT Municipal Consultants

responsible for providing updated copies and notifying City if a policy is cancelled, suspended, reduced, or voided. With the exception of the worker’s compensation insurance, all of the insurance policies required in this Agreement shall: (a) provide that the policy will not be cancelled, allowed to expire, or materially reduced in coverage without at least thirty (30) days’ prior written notice to City of such cancellation, expiration, or reduction and each policy shall be endorsed to state such; (b) name City, and City’s Agents as additional insureds with respect to liability arising out of Services, work or operations performed by or on behalf of the Consultant; products and completed operations of the Consultant; premises owned, occupied, or used by the Consultant, or automobiles owned, leased, or hired or borrowed by the Consultant. The coverage shall contain no special limitations on the scope of protection afforded to the City; (c) be primary with respect to any insurance or self-insurance programs covering City or City’s Agents and any insurance or self-insurance maintained by City or City’s Agents shall be in excess of Consultant’s insurance and shall not contribute to it; (d) contain standard separation of insured provisions; and (e) state that any failure to comply with reporting or other provisions of the policy including breaches of warranties shall not affect the coverage provided to the City.

14. Indemnification. Consultant hereby agrees to indemnify, defend, and hold harmless City, its agents, officers, employees and volunteers, against all liability, obligations, claims, loss, and expense (a) caused or created by Consultant, its subcontractors, or the agents or employees of either, whether negligent or not, pertaining to or related to acts or omissions of Consultant in connection with the Services, or (b) arising out of injuries suffered or allegedly suffered by employees of Consultant or its subcontractors (i) in the course of their employment, (ii) in the performance of work hereunder, or (iii) upon premises owned or controlled by City.

Consultant’s obligation to defend, indemnify and hold City and its agents, officers, employees and volunteers harmless is not terminated by any requirement in this Agreement for Consultant to procure and maintain a policy of insurance.

15. Consequential Damages. Notwithstanding any other provision of this Agreement, in no event shall City be liable, regardless of whether any claim is based on contract or tort, for any special, consequential, indirect or incidental damages, including, but not limited to, lost profits or revenue, arising out of or in connection with this Agreement or the Services performed in connection with this Agreement.

16. Litigation. In the event that either Party brings an action under this Agreement for the breach or enforcement hereof, or must incur any collection expenses for any amounts due hereunder the prevailing Party in such action shall be entitled to its costs including reasonable attorney’s fees, whether or not such action is prosecuted to judgment.

17. Notices. Any notice or communication required hereunder between City or Consultant must be in writing, and may be given either personally, by registered or certified mail (return receipt requested), or by Federal Express, UPS or other similar couriers providing overnight delivery. If personally delivered, a notice shall be deemed to have been given when delivered to the Party to whom it is addressed. Notices given by registered or certified mail shall be deemed to have been given and received on the first to occur of (a) actual receipt by any of the addressees designated below as the party to whom notices are to be sent, (b) on the date delivered as shown on a receipt issued by the courier, or (c) five (5) days after a registered or certified letter containing

CONSULTANT SERVICES AGREEMENT
City of Riverbank and LT Municipal Consultants

such notice, properly addressed, with postage prepaid, is deposited in the United States mail. If given by Federal Express or similar courier, a notice or communication shall be deemed to have been given and received on the date delivered as shown on a receipt issued by the courier. Any Party hereto may at any time, by giving ten (10) days written notice to the other Party hereto, designate any other address in substitution of the address to which such notice or communication shall be given. Such notices or communications shall be given to the Parties at the addresses in this paragraph set forth below:

If to City: City of Riverbank
6707 Third Street
Riverbank, CA 95367
Attn: City Clerk
With courtesy copies to: City of Riverbank
6707 Third Street
Riverbank, CA 95367
Attn: Assistant City Manager
And to: White Brenner LLP
1608 T Street
Sacramento, California 95811
Attention: Douglas L. White, Esq.

If to Consultant: LT Municipal Consultants
909 Marina Village Parkway #135
Alameda, CA 94501
Attention: Alison Lechowicz

18. General Provisions.

A. Modification. No alteration, modification, or termination of this Agreement shall be valid unless made in writing and executed by all Parties.

B. Waiver. The waiver by any Party of a breach of any provision hereof shall be in writing and shall not operate or be construed as a waiver of any other or subsequent breach hereof unless specifically stated in writing.

C. Assignment. No Party shall assign, transfer, or otherwise dispose of this Agreement in whole or in part to any individual, firm, or corporation without the prior written consent of the other Party. Subject to the forgoing provisions, this Agreement shall be binding upon, and inure to the benefit of, the respective successors and assigns of the Parties.

CONSULTANT SERVICES AGREEMENT
City of Riverbank and LT Municipal Consultants

D. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the state of California.

E. Venue. Venue for all legal proceedings shall be in the Superior Court of California for the County of Stanislaus.

F. Partial Invalidity. If any provision of this Agreement is held by a court of competent jurisdiction to be invalid, void, or unenforceable, the remaining provisions shall nevertheless continue in full force without being impaired or invalidated in any way.

G. Counterparts. This Agreement may be executed in two or more counterparts, each of which shall constitute an original and all of which shall be deemed a single agreement.

H. Severability. If any term, covenant, or condition of this Agreement is held by a court of competent jurisdiction to be invalid, the remainder of this Agreement shall remain in effect.

I. Audit. City shall have access at all reasonable times to all reports, contract records, contract documents, contract files, and personnel necessary to audit and verify Consultant’s charges to City under this Agreement.

J. Entire Agreement. This Agreement sets forth the entire understanding between the Parties as to the subject matter of this Agreement and merges all prior discussions, negotiations, proposal letters or other promises, whether oral or in writing.

K. Headings Not Controlling. Headings used in this Agreement are for reference purposes only and shall not be considered in construing this Agreement.

L. Time is of the Essence. Time is of the essence in this Agreement for each covenant and term of a condition herein.

CONSULTANT SERVICES AGREEMENT
City of Riverbank and LT Municipal Consultants

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the last day and date below written.

CITY:

CITY OF RIVERBANK, a California
municipal corporation
By:

Marisela H. Garcia, City Manager
Date:

CONSULTANT:

LT MUNICIPAL CONSULTANTS
By:

Name: Alison Lechowicz, Principal & Owner
Date:

Approved as to Form:

Tom Hallinan, City Attorney

EXHIBIT A
Services

9 The City last completed a rate study in 2015. The regulatory and economic landscape has changed significantly since then. The Sustainable Groundwater Management Act (SGMA) has impacted how agencies manage their water resources. Supply chain issues during the Covid 19 pandemic have increased costs at a time when many public agencies were hesitant to raise rates. Nearly all public agencies in California are struggling to address renewal of aging infrastructure. Moreover, the courts have recently taken a more strict interpretation of Proposition 218’s proportionality requirements and have ruled against the tiered rates of the Otay Water District and the City of San Diego. While the City does not have tiered water rates, these rulings signal greater scrutiny of utility issues. LTMC will set the stage for your stakeholders by explaining these regulatory issues and associated costs.

PROJECT MANAGEMENT & SCHEDULE
Our approach to our work is simple – we roll up our sleeves and get the job done. When initiating a project, it’s impossible to know every twist and turn an assignment may take. Unexpected issues may arise, out of scope tasks may be required, and political sensitivities may become uncovered. We understand the challenges of having limited public agency staff and limited City budgets to accomplish policy goals. LTMC provides a high degree of administrative support to our clients. We will provide start-to-finish project management from data collection to managing the project schedule, organizing meetings and providing minutes, drafting preliminary and final documents, and conducting internal and external outreach. LTMC has a proven track record in your area – we have completed three Proposition 218 rate studies for the City of Waterford.

We understand that the City would like new rates implemented January 1, 2027. During project initiation, we will finalize the schedule and set deliverables by working backwards from the desired Proposition 218 hearing date, likely in December 2026. It is key that our final deliverables are easy for the City to understand and implement. We propose to organize our cash flows based on existing budget categories to allow for the easy import or export of data between documents. LTMC also structures our reports with reader-friendly executive summaries to allow the general public to grasp key concepts.

FINANCIAL PLANNING
The fundamental objective for this rate study is to provide compliance with legal requirements while ensuring that the City’s water utility is self-sufficient. Our approach is to analyze revenue streams to meet immediate cash flow needs as well as plan for future capital projects. We understand that the City’s most recent water rate study was completed in 2015. Like many other California utilities, the City is facing more stringent regulations and has aging infrastructure that requires increased operating expenses and capital investment.

4. PROJECT APPROACH & METHODOLOGY

10 For the City of Riverbank, we will provide a comprehensive review of the Water Enterprise Fund’s finances, including current and future operating and maintenance costs, capital improvement projects, reserve balances, and required debt coverage. We will provide the City with multiple cash flow alternatives that will clearly illustrate how various considerations such as high vs. low inflation, high vs. low capital improvement costs, and maintaining high vs. low reserves among others will impact water cash flows. LTMC will work closely with the City to determine which financial parameters are most important (rate impacts, accumulating reserves, funding capital projects, etc.) and incorporate them into our alternatives.

RATE DESIGN
The City’s current rate structure includes a fixed base charge that varies by meter size plus a uniform volumetric charge for consumption above the base water allotment of 7,480 gallons. We recommend the City continue to use a uniform water rate structure consistent with recent legal rulings (San Diego; Otay Water District). However, LTMC recommends reducing or phasing out “free” water included in the base fee to meet the proportionality requirements of Proposition 218 and promote equity for low water users. We recently completed water rate studies for the cities of Kingsburg and Wasco, the Calaveras Public Utility District, and several service areas within Lake County to eliminate or reduce their base allotments and are very familiar with this process.

LTMC understands that the City wants to evaluate the sustainability of its Utility Rate Assistance Program (URAP) as part of the rate study. The current URAP provides discounted rates to qualifying senior and disabled customers based on income eligibility. The program is funded through penalty fees collected by the utility. Under Proposition 218 requirements, rates must be cost-based and agencies cannot overcharge one group of customers to provide a discount to others. As part of our analysis, LTMC will review the number of customers receiving the discount, the administrative costs of providing the discount, and the total revenue needed for the program.

We also understand that a key component of the rate study will be developing a conservation pricing program to fully recover costs during water shortages. We are also well equipped to incorporate the City’s anticipated groundwater sustainability agency (GSA) costs and compliance into the rate structure.

We have conducted rate, fee, and/or Proposition 218 outreach activities for several GSAs in the Central Valley including the Kings River East GSA (Fresno and Tulare Counties), the McMullin Area GSA (Fresno County), and the South Fork Kings GSA (Kings County). We understand how cities and GSAs work together to manage groundwater recharge and share costs.

11 PUBLIC OUTREACH
Under Proposition 218 procedural
requirements, property owners can block rate
increases via a majority protest. Smaller public
agencies are particularly vulnerable as it is
easier for angry ratepayers to organize an
opposition and gather protests. LTMC will
prepare clear, informative, and visually
appealing public materials to support
transparency and build support from
ratepayers. These materials will be tailored for
distribution through the City’s website, printed
handouts, presentation decks, mailers, etc.

Typical public materials include Presentation
Slides, Reports, Rate Surveys, Frequently Asked
Questions (FAQs), Ballots, or Notices of Public
Hearing.

During project kickoff, we will work with the City to develop a communication plan. We will work with the City to gain an understanding of any objections to prior rate adjustments and to identify specific customer groups who have a high level of engagement with the City. LTMC will determine a list of key stakeholders including City Council members, business groups, and others. As a second step, we will determine appropriate outreach via social media, print media, community meetings and/or one-on-one meetings with City Council members. LTMC has conducted a wide range of outreach activities and will bring our experience to the City of Riverbank.

REQUESTED PARTICIPATION FROM THE CITY
LTMC understands that the rate study process can be burdensome for public agencies. Our goal is to take on as many administrative tasks as possible to streamline the study. LTMC will be responsible for all project analysis and the preparation of meeting and presentation materials for project team and City Council meetings. Expected time commitment and information required from City staff can be estimated based on the following tasks:
o Respond to LTMC’s data request consisting of items such as: budgets, audits, utility billing data, and capital improvement plans
o Attend kickoff and progress meetings (agenda and materials will be provided in advance) o Review and comment upon draft and final reports
o Review by the City’s legal counsel on recommendations, reports, and procedures o Discuss any political sensitivities or issues that may hinder fee adoption o Coordinate and schedule meetings with the City Council and/or stakeholders Recorded presentation with thumbnail overlay
provided by LTMC for a social media posting.

12 METHODOLOGY
Provided below is our suggested scope of services based on the scope outlined in the City’s Request for Proposals.

Task 1:

Kickoff and
Data Gathering
Task 2:

Financial
Plan
Task 3:

Cost
Allocation
Task 4:

Rate
Design
Task 5:

Connection
Fees
Task 6:

Reports &
Model
Task 7:

Meetings &
Prop 218
Task 1 – Project Kickoff and Data Gathering
Kickoff Meeting
LTMC will conduct a kickoff meeting with City staff to review study goals, milestones, identify project team members, determine roles and responsibilities, and discuss data needs.

Data Gathering
Assemble the necessary data to complete the study. Wherever possible, LTMC will aggregate available information from the City’s website and other public sources. The goal is to understand the City’s financial standing, current rate structure, and utility billing information. A data needs list will be provided to the City prior to the kickoff call.

Task 2 – Financial Plan
Annual Revenue Requirements
With staff input, we will estimate future operating and capital expenditures to estimate annual revenue needs. We will factor in projections of growth, repairs and replacements, capital financing needs, debt obligations, cost escalation, water use, regulatory compliance, and operational changes to ensure that all future expenses are included. LTMC will work with the City to determine appropriate inflationary increases.

Review Reserve Fund Targets
This subtask involves reviewing the current operating and capital reserve balances and evaluating reserve targets for emergency reserves, rate stability reserves, long term capital reserves, short term capital reserves, or other categories as appropriate. At minimum, our analysis will review the age and condition of the system, annual depreciation costs, and expenses related to emergencies.

13 Evaluate Debt Service Coverage
LTMC will review budgets, audits, and disclosure documents to understand existing debt obligations.

We will determine current coverage ratios based on net operating revenues compared to annual debt service expenses. We will also evaluate if the utility has capacity to take on new debt at the current revenues. Our final rate recommendations will include projections to meet coverage requirements in the years to come.

Review Capital Improvement Needs
Our cash flow analysis will isolate the impacts of
capital funding separate from increases needed to
fund other utility expenses. Typically, LTMC
suggests three capital funding scenarios: 1) bare
bones: fund only critical improvements, 2) priority
funding: fund critical projects plus high-priority,
level of service improvements, and 3) full funding:
fund all proposed projects. We will work with the
City to determine project affordability and adjust
our rate recommendations accordingly. LTMC will review various financing options to fund capital needs, including pay-as-you-go/cash funding and other debt financing alternatives, such as State loans/grants, bank loans, and certificates of participation/bonds.

Cash Flow Projections
Annual revenue requirements and capital funding needs will be used to develop long-term cash flow projections summarizing the financial position of the Water Enterprise Fund over the next 10 years. The cash flow projections will estimate rate increases needed to meet annual revenue requirements, debt obligations, and reserve fund targets.

Sensitivity Analysis
Based on input from the project team, LTMC will incorporate rate sensitivity analysis to determine affordability. We will determine rate impacts under various scenarios, possibly including cash funding of projects, debt funding of projects, increased regulatory costs, etc. Sensitivity analysis can often become an iterative process. LTMC is flexible to run additional scenarios as needed.

Task 3 – Cost Allocation
Evaluate Customer Billing Data
We will evaluate historical and current water consumption, customer counts, and other billing data to estimate future water demands. A key aspect of this task is to determine the amount of water use and revenue collected from fixed meter fees and volumetric charges.

Functionalize Costs
Functionalization is the allocation of expenses by major operating activities including water supply, peak pumping, treatment, storage, transmission, overhead, and administration.

14 Allocation to Customer Classes
After costs have been categorized by function, costs are then allocated to each customer class based on water demand characteristics. The result produces revenue requirements for each customer class which can be recovered via fixed charges and volume rates. The allocation to customer classes will be based on industry best practices and meet the proportionality requirements of Proposition 218.

Task 4 – Rate Design
Assess Current Rate Structure and Customer Classifications Review the current rate structure and customer classifications to assess the advantages and disadvantages of the existing system and to determine compliance with industry standards and court rulings. While compliance with Proposition 218 will guide all our recommendations, additional criteria may include: the impact on customer bills, public understanding, revenue stability, ease of implementation, compatibility with the existing billing system, and staff effort needed for administration.

Rate Alternatives
Based on the criteria developed with staff and the cost allocation, we will identify alternative rate structures or modifications to the current rate structure as appropriate. Our primary goal for this task is to ensure the City’s rate structure complies with all legal requirements.

We will evaluate whether any modifications to the
rate structure such as a revision of the base water
allotment are warranted. LTMC will ensure that any
rate structure modifications, including those to
drought rates and the City’s Utility Rate Assistance
Program, are cost-justified and based on the City’s
operation of the water system, cost of water supply,
and consumption patterns. Drought rates will be designed to fund the City’s cost of water service even during cutback scenarios.

If modifications to the current rate structure are needed or desired, we will work with the project team to minimize the impact on ratepayers and clearly explain why the changes are needed. We will outline the advantages and disadvantages of each option. Additionally, we will take into consideration staff’s time and capabilities to administer any changes and will ensure the City’s billing system can accommodate proposed rate structure adjustments.

This task includes a legal review of current and proposed rate design alternatives. As needed, we will coordinate with the City’s legal counsel. For the final study, we will present rate structure options that both meet the City’s needs and relevant legal requirements. LTMC will compare all our estimates and recommendations with those used by other local entities.

15 Bill Impacts and Rate Affordability
Based on the recommended rates, LTMC
will calculate the bill impacts for a sample of
typical customers including both residential
and commercial customer classifications. If
needed, LTMC will develop an
implementation plan to phase-in adjustments
to ease the impact on customers.

Finalize Recommendations
Our final rate recommendations will include
a five-year plan of proposed rates. The final
plan will show projected monthly rates for
each customer class for each year.

Task 5 – Connection Fees
Concurrent with the water rate study, LTMC proposes to review and update the City’s connection (capacity) fees. We will review potential future development in the community and the need to expand capacity. We will work with City staff and engineers to determine the cost of facilities needed to accommodate new customers. Most often, the value of facilities includes both a buy-in to existing facilities that have available capacity plus an expansion component for facilities that must be upsized to meet the needs of growth. The cost of facilities is divided by the capacity of those facilities to determine the connection fee. As needed, LTMC will scale the fees for various types of development such as multifamily residential, accessory dwelling units, and commercial customers. To complete our work, we will provide the City with a comprehensive report and assist with fee adoption.

Task 6 – Reports & Model
Submit a draft summary report for review and feedback. The report will summarize findings and recommendations and discuss key alternatives when applicable. We will then incorporate all staff comments and update recommendations accordingly. The final report will reflect input received from staff and the City Council. Our reports are intended to serve as the administrative record and will be compliant with Propositions 218 and 26. All study materials including the draft and final reports will be submitted to the City in their native format (Word, PowerPoint, etc.). LTMC does not use any specialized software. As part of this task we will submit our active, fully linked Excel-based financial model and provide a staff training session.

Survey of Local Rates
We will prepare a survey comparing the
City’s current and proposed residential utility
bills to nearby agencies. The survey will be
summarized in tables and charts that can be
used for outreach, presentations, and the final
report. We will also prepare bill comparisons
for different customer classes if requested.

The final list of surveyed agencies will be
determined by the City.

16 Task 7 – Meetings, Presentations & Proposition 218
To begin the study, LTMC will hold a kickoff meeting with the project team as described in Task 1. As needed throughout the study, LTMC proposes to conduct virtual progress meetings with the project team to review progress, answer questions, and revise the calculations. In-person meetings will include two (2) presentations with the City Council to present draft and final results and one (1) public meeting to conduct the Proposition 218 hearing. We are also available to attend one (1) public outreach meeting if desired. Our project team will provide comprehensive meeting management including preparing agendas and submitting minutes and action items. Before each public meeting, LTMC will provide draft PowerPoint files to staff for review before our presentation materials are made public. As part of this task, LTMC will also draft the Proposition 218 notice and translate the notice into Spanish or other languages. We recommend public agencies use the Proposition 218 notice as an outreach opportunity to explain why the rate adjustments are needed and to highlight what has been done to help reduce costs.

RATE STUDY DELIVERABLES
o Data request list
o Kickoff meeting
o Cash flows with anticipated funding sources and cost recovery o Ten-year Financial Plan
o Debt coverage projection and analysis of future debt capacity o Review of prudent reserves and recommended reserve policy o Evaluation of customer characteristics including water use, meter size, and number of accounts o Analysis of fixed and variable operating and capital costs o Rate design alternatives and evaluation of customer classifications o Final five-year rate increase plan including drought rates o Sample bill impacts and rate survey of local agencies o Preliminary and final drafts of the rate study report o Connection and capacity fee analysis
o Review of the City’s Utility Rate Assistance Program (URAP) o Fully functional Excel-based rate model with all calculations, tables, and charts used in the report o Staff training regarding the use and functionality of the model o Three (3) in-person meetings/presentations with the City o Virtual progress meetings with staff; action items distributed to the project team o Proposition 218 notice of public hearing and/or educational materials with Spanish translations

EXHIBIT B
Rate Schedule

April 21, 2026
Proposal for a Comprehensive
Water Utility Rate Study

CITY OF RIVERBANK
909 Marina Village Parkway #135 | Alameda, CA 94501 | (510) 545-3182

1. Cover Letter ............................................................................................ 1

2. Firm Qualifications .................................................................................. 3 Firm Background ........................................................................................................................................................... 3 History of the Firm....................................................................................................................................................... 3 Services............................................................................................................................................................................ 4 Organizational Chart.................................................................................................................................................... 4

3. Project Team........................................................................................... 5

4. Project Approach & Methodology ......................................................... 9 Project Management & Schedule............................................................................................................................... 9 Financial Planning........................................................................................................................................................... 9 Rate Design...................................................................................................................................................................10 Public Outreach...........................................................................................................................................................11 Requested Participation from the City ..................................................................................................................11 Methodology.................................................................................................................................................................12 Rate Study Deliverables.............................................................................................................................................16

5. Relevant Experience.............................................................................. 17 Experience with Municipal Water Rate Studies...................................................................................................17

6. References.............................................................................................. 18

7. Proposed Schedule ................................................................................ 22 Project Schedule..........................................................................................................................................................22 Meetings.........................................................................................................................................................................22

8. Cost Proposal......................................................................................... 23 Not-to-Exceed Project Budget................................................................................................................................23 Billing Rate Schedule 2026/2027..............................................................................................................................23

TABLE OF CONTENTS

1 April 21, 2026
Tammy Alcantor, Assistant City Manager-Admin Services Director City of Riverbank
6707 Third Street
Riverbank, CA 95367
Dear Ms. Alcantor,
LT Municipal Consultants (LTMC) is pleased to submit this Proposal for a Comprehensive Water Utility Rate Study to the City of Riverbank (City). LTMC is a woman-owned firm that focuses on financial planning, rate and fee studies, and management consulting for California public agencies. Firm Principal Alison Lechowicz has nearly 20 years of experience in municipal consulting and public finance. Our staff have completed over 150 studies compliant with Propositions 218 and 26, with a focus on agencies serving populations of 30,000 or fewer. Ms. Lechowicz was born and raised in San Joaquin County and enjoys working with communities throughout the Central Valley.

LTMC has substantial experience providing rate studies and financial planning for public agencies in your region. In February, we held a successful Proposition 218 Hearing to adopt new water rates for the City of Waterford. We also worked with the City of Waterford in 2019 and 2024 to complete sewer rate studies. Other recent municipal water rate study assignments we have completed include rate studies for the Cities of Kingsburg, Chowchilla, Kerman, Live Oak, the Root Creek Water District (Madera County), the Linda County Water District, and the Calaveras Public Utility District. We will bring this experience to our work with the City of Riverbank.

LTMC’s technical approach is as follows:
o Financial Analysis: We understand that the City’s water rates have not increased since 2019.

The economic landscape has changed significantly since then due to the Covid 19 pandemic, high inflation, and continued roll out of the Sustainable Groundwater Management Act (SGMA) requirements. LTMC will analyze how these factors impact the Water Fund’s financial standing.

We will evaluate revenue streams to meet immediate cash flow needs as well as plan for future capital projects, deferred maintenance, debt repayment, and accumulation of appropriate reserves. We will provide the City with a financial roadmap that clearly illustrates how various considerations such as high vs. low capital improvement costs and various funding assumptions (such as grant vs. loan funding) will impact utility cash flows. 909 Marina Village Parkway #135
Alameda, CA 94501
(510) 545-3182
LTmuniconsultants.com

1. COVER LETTER

2 o Rate Design: Key aspects of rate design for the study will be to determine cost recovery from fixed and volumetric rates. LTMC will clearly document fixed and variable costs and how these costs can be recovered from rates while achieving compliance with Proposition 218 proportionality requirements. Our analysis will clearly demonstrate how the City’s rates are proportional to how customers take service. We will provide rate options such as revising or phasing-out the City’s base water allotment. We will also provide a schedule of drought rates for water shortage emergencies and advise the City on potential cost passthroughs and/or automatic inflationary increases. Our final recommendations will achieve policy goals while considering affordability and the impacts to both high and low water users. o Connection and Capacity Fees: Concurrent with the rate study, LTMC proposes to review and update the City’s connection and capacity fees. LTMC will work with City staff and engineers to determine the cost of facilities needed to accommodate new customers. Most often, the value of facilities includes both a buy-in to existing facilities that have available capacity plus an expansion component for facilities that must be upsized to meet the needs of growth.

We will provide the City with a comprehensive fee report and assist with fee adoption. o Public Outreach: Building consensus will be a key component of the rate study process, particularly since the water rates have not increased in over six years. LTMC will assist City staff with drafting Proposition 218 notices, preparing materials for website and social media postings, and conducting outreach to City Council members and ratepayers. Our final documents and outreach materials will stress the value of the City’s infrastructure, explain why costs are increasing, and describe cost saving measures.

We would very much like to work with the City, and we hope this proposal will constitute a suitable basis for our selection. If you have any questions, please contact us.

Sincerely,
LT Municipal Consultants
Alison Lechowicz, Principal and Authorized Representative [email protected]
(510) 545-3182

3 FIRM BACKGROUND
Our objective is to provide financial consulting and management services to local governments. Alison Lechowicz has nearly 20 years of experience in municipal consulting and public finance. She also has experience working for a civil engineering firm and a background in public administration.

LT Municipal Consultants was built on the expertise of its female founders Alison Lechowicz and Catherine Tseng and is now owned solely by principal Alison Lechowicz.

LTMC is committed to providing
professional services with superior
value and responsiveness. By utilizing
a small team approach, our clients
receive greater one-on-one attention
and can be assured that the work is
conducted by highly qualified
professionals. Our clients are
provided direct communication with
the principal consultant who guides
the project through each step.

Nature of firm: Woman-owned firm
founded in 2017 and organized as an
LLC
Services: Impact Fee Studies, Utility
Rate & Fee Studies, Financial Planning,
Utility Appraisal, Expert Witness,
Public Approval Process
Size of firm: Four staff members
consisting of three consultants and
one office manager
Location of office: Alameda, CA
Years in business: 9 years
Other languages spoken by staff:

Spanish

HISTORY OF THE FIRM
LT Municipal Consultants (LTMC) was founded in 2017 as Lechowicz & Tseng Municipal Consultants.

Effective July 2025, the name of the firm was changed to LT Municipal Consultants.

2. FIRM QUALIFICATIONS

4 SERVICES

ORGANIZATIONAL CHART
Utility Rate & Fee Studies
Utility rate studies deriving both traditional and
innovative rate structures that comply with cost
of service principles and Proposition 218
requirements.

Impact Fee/Capacity
Charge Studies
Development impact fees and capacity charge
studies that offset the cost of expanding
infrastructure to serve new development
without placing a burden on existing customers.

Financial Planning & Modeling
Comprehensive financial plans focused on
immediate needs as well as the long-term
viability of agencies. Our financial models are
flexible and user-friendly to allow for cash flow
sensitivity analysis and to illustrate the impacts
of policy decisions.

Public Approval Process
Lead informational workshops to educate the
public about municipal finance. We provide
start-to-finish assistance in the rate and fee
approval process, including presentations to
decision makers, publication of reports, and
printing and mailing of notices (as applicable).

Utility Appraisal
Develop an inventory of utility assets and
determine fair market value. We assist public
agencies with negotiating the purchase or sale of
utility property.

Expert Witness
Testify on behalf of public agencies to defend
against lawsuits. We also represent public
agencies as streetlight customers of California's
electric utility providers in rate cases at the CA
Public Utilities Commission.

Alison Lechowicz
Principal & Owner
Sophia Mills
Financial Analyst II
Isabel Aluzzi
Financial Analyst I
Kate Flood
Office Manager

5 Alison Lechowicz will serve as the Principal-in-Charge and main contact person. She will manage the day-to-day aspects of the project to ensure it is within budget and on schedule. Sophia Mills will provide peer review, assist with financial modeling, and act as a substitute for Ms. Lechowicz if needed. Isabel Aluzzi will serve as financial analyst. Resumes are provided on the following pages.

Financing alternatives and
cash flow projection
Rate recommendations
Public presentations

PROJECT MANAGER, LEAD FINANCIAL ANALYST

QUALIFICATIONS RESPONSIBILITIES
Alison Lechowicz

PEER REVIEW
 19 years consulting experience
 Master of Public Administration
 Testified as an expert witness at the CA
Public Utilities Commission

QUALIFICATIONS RESPONSIBILITIES
Methodological Review
Review of draft and final
reports
Substitute as needed
Spanish translations
Isabel Aluzzi

FINANCIAL ANALYST

QUALIFICATIONS
 Master of Business Management
 Local government experience
 Specializes in financial modeling

RESPONSIBILITIES
Data gathering
Financial modeling
Draft and final report
Sophia Mills
 6 years consulting experience
 Bachelor of Economics
and Bachelor of Spanish
 Fluent in Spanish
 Specializes in financial modeling

3. PROJECT TEAM

6 Alison Lechowicz

EDUCATION
o Columbia University
Master of Public Administration
o University of California, Berkeley
Bachelor of Science
Conservation & Resource Studies

REPRESENTATIVE ASSIGNMENTS
A small sample of projects is listed below for brevity.

Additional project references can be provided upon
request.

City of Waterford (Stanislaus County):

Completed sewer rate studies in 2019 and 2024 and
a water rate study in 2026. The City acquired two
additional water systems that were in a state of
neglect in 2015. Water rate adjustments will
support the extensive costs of capital needs to
consolidate the three water systems.
_________________________________
City of Live Oak (Sutter County): Completed a
contentious water rate study for the City. The City
had not increased rates in 15 years and was facing
significant financial hardship. Conducted outreach to
the community, recorded a social media video, and
had the Proposition 218 notice translated into two
languages.
___________________________________
City of Kingsburg (Fresno County): Updated
and modernized the City’s water rate structure by
adding metered fees by meter size, eliminating a free
water allotment, and eliminating tiers that were not
cost justified. Also completed a solid waste rate
study.
___________________________________
Town of Discovery Bay CSD (Contra Costa
County): Long-serving financial consultant for the
Town, having conducted multiple water and sewer
rate studies and capacity fee studies. Met with
developers at their offices to answer questions and
address concerns. Assisted the Town in fee updates
to accommodate new denitrification requirements.
_________________________________
City of Kerman (Fresno County): Completed a
water and sewer rate study for the City. Updated
winter water use estimates for single family
residential sewer rates. Phased-out discounts for
multifamily sewer customers.
o 19 years consulting experience: 9 years
Co-founder and Principal at LT Municipal
Consultants, 7 years as Principal and
Financial Analyst at Bartle Wells
Associates, 3 years as Financial Analyst at
Carollo Engineers
o Testified as an expert witness at the
CA Public Utilities Commission in electric
rate cases of Pacific Gas & Electric,
Southern California Edison, and
San Diego Gas & Electric

EXPERIENCE
[email protected]
(510) 545-3182 (office)
(209) 747-3106 (cell)
909 Marina Village Parkway #135
Alameda, CA 94501

7 Sophia Mills

EDUCATION
o Davidson College
Bachelor of Arts
Economics, Spanish
Linda County Water District (Yuba County):

Water and sewer rate study. Proposed rates will
modernize the District’s sewer rate structure which
is out of proportion with how customers use the
system. Rate increases are designed to prudently
use reserves to fund capital projects.
____________________________________
City of Chowchilla (Madera County):

Completed a water, sewer, storm drain, and solid
waste rate study. Conducted a detailed review of
the City’s billing data to analyze water rate tiers for single family residential customers and estimate
wastewater flow as the basis of the sewer rates.
____________________________________
City of Rio Dell (Humboldt County):

Conducted a water and sewer rate study to fund
mandated capital projects and eliminate operating
deficit. Analyzed impacts of alternative rate
structures for each utility.
____________________________________
City of Brisbane (San Mateo County):

Conducted a water and sewer rate study. The City
had not done a comprehensive cost of service
analysis since 2001. The update simplified the water
and sewer rate structures to reflect actual costs.
____________________________________
City of Wasco (Kern County): Completed a
water and sewer rate study. Designed a new water
rate structure to eliminate free water allotments
and documented sewer flow and loading
assumptions as the basis of the sewer rates.
[email protected]
(510) 529-8056
909 Marina Village Parkway #135
Alameda, CA 94501

REPRESENTATIVE ASSIGNMENTS

EXPERIENCE
o 6 years at LT Municipal Consultants

OTHER SKILLS
o Fluent in Spanish

8 Isabel Aluzzi

EDUCATION
o Thunderbird School of Global
Management
Master of Business Management
o Arizona State University
Bachelor of Business Management
Bear Valley CSD (Kern County): Water, Sewer,
and Solid Waste Study. Assisting the District in
designing new water and sewer rate structures to
cover operating costs and fund needed maintenance
and repairs on the District’s water system.
_________________________________
City of Ridgecrest (Kern County): Sewer rate
study. Analyzing the City’s sewer operating and
capital costs to ensure sufficient revenue for
ongoing operations and the planned construction of
a new wastewater treatment plant. Also accounting
for the City’s largest customer, the nearby Navy
base, whose rate is composed of different operating
costs than other customers.
_________________________________
Mokelumne Hill Sanitary District (Calaveras
County): Sewer rate study for the District to
provide an update to current rate structure, provide
compliance with legal requirements, and ensure that
the District is self-sufficient. The District last
completed a rate study in 2012.
_________________________________
City of Scotts Valley (Santa Cruz County):

Assisting the City in a Sewer rate study.

Transitioning rate structure to fixed charges based
on customer type to be billed through the County
tax roll.
_________________________________
City of Westmorland (Imperial County):

Currently conducting a water and sewer rate study
to support the City’s financial assistance package for
state funding. Transitioning the City from
unmetered to metered water rates and from fixed
rates to fixed + flow rates for commercial
customers.
[email protected]
(925) 784-6476
909 Marina Village Parkway #135
Alameda, CA 94501

EXPERIENCE
o City of Phoenix Summer Finance
Intern: Prepared standard operating
procedures for the Treasury
department for standardized
reporting. Worked with Investment
Operations team to forecast cash
flow needs and make investments.

Assisted in preparation of debt
service reports.
o Certifications:
 Advanced Excel (Wall Street
Prep)
 Financial Accounting (Harvard
Business Publishing)

REPRESENTATIVE ASSIGNMENTS

9 The City last completed a rate study in 2015. The regulatory and economic landscape has changed significantly since then. The Sustainable Groundwater Management Act (SGMA) has impacted how agencies manage their water resources. Supply chain issues during the Covid 19 pandemic have increased costs at a time when many public agencies were hesitant to raise rates. Nearly all public agencies in California are struggling to address renewal of aging infrastructure. Moreover, the courts have recently taken a more strict interpretation of Proposition 218’s proportionality requirements and have ruled against the tiered rates of the Otay Water District and the City of San Diego. While the City does not have tiered water rates, these rulings signal greater scrutiny of utility issues. LTMC will set the stage for your stakeholders by explaining these regulatory issues and associated costs.

PROJECT MANAGEMENT & SCHEDULE
Our approach to our work is simple – we roll up our sleeves and get the job done. When initiating a project, it’s impossible to know every twist and turn an assignment may take. Unexpected issues may arise, out of scope tasks may be required, and political sensitivities may become uncovered. We understand the challenges of having limited public agency staff and limited City budgets to accomplish policy goals. LTMC provides a high degree of administrative support to our clients. We will provide start-to-finish project management from data collection to managing the project schedule, organizing meetings and providing minutes, drafting preliminary and final documents, and conducting internal and external outreach. LTMC has a proven track record in your area – we have completed three Proposition 218 rate studies for the City of Waterford.

We understand that the City would like new rates implemented January 1, 2027. During project initiation, we will finalize the schedule and set deliverables by working backwards from the desired Proposition 218 hearing date, likely in December 2026. It is key that our final deliverables are easy for the City to understand and implement. We propose to organize our cash flows based on existing budget categories to allow for the easy import or export of data between documents. LTMC also structures our reports with reader-friendly executive summaries to allow the general public to grasp key concepts.

FINANCIAL PLANNING
The fundamental objective for this rate study is to provide compliance with legal requirements while ensuring that the City’s water utility is self-sufficient. Our approach is to analyze revenue streams to meet immediate cash flow needs as well as plan for future capital projects. We understand that the City’s most recent water rate study was completed in 2015. Like many other California utilities, the City is facing more stringent regulations and has aging infrastructure that requires increased operating expenses and capital investment.

4. PROJECT APPROACH & METHODOLOGY

10 For the City of Riverbank, we will provide a comprehensive review of the Water Enterprise Fund’s finances, including current and future operating and maintenance costs, capital improvement projects, reserve balances, and required debt coverage. We will provide the City with multiple cash flow alternatives that will clearly illustrate how various considerations such as high vs. low inflation, high vs. low capital improvement costs, and maintaining high vs. low reserves among others will impact water cash flows. LTMC will work closely with the City to determine which financial parameters are most important (rate impacts, accumulating reserves, funding capital projects, etc.) and incorporate them into our alternatives.

RATE DESIGN
The City’s current rate structure includes a fixed base charge that varies by meter size plus a uniform volumetric charge for consumption above the base water allotment of 7,480 gallons. We recommend the City continue to use a uniform water rate structure consistent with recent legal rulings (San Diego; Otay Water District). However, LTMC recommends reducing or phasing out “free” water included in the base fee to meet the proportionality requirements of Proposition 218 and promote equity for low water users. We recently completed water rate studies for the cities of Kingsburg and Wasco, the Calaveras Public Utility District, and several service areas within Lake County to eliminate or reduce their base allotments and are very familiar with this process.

LTMC understands that the City wants to evaluate the sustainability of its Utility Rate Assistance Program (URAP) as part of the rate study. The current URAP provides discounted rates to qualifying senior and disabled customers based on income eligibility. The program is funded through penalty fees collected by the utility. Under Proposition 218 requirements, rates must be cost-based and agencies cannot overcharge one group of customers to provide a discount to others. As part of our analysis, LTMC will review the number of customers receiving the discount, the administrative costs of providing the discount, and the total revenue needed for the program.

We also understand that a key component of the rate study will be developing a conservation pricing program to fully recover costs during water shortages. We are also well equipped to incorporate the City’s anticipated groundwater sustainability agency (GSA) costs and compliance into the rate structure.

We have conducted rate, fee, and/or Proposition 218 outreach activities for several GSAs in the Central Valley including the Kings River East GSA (Fresno and Tulare Counties), the McMullin Area GSA (Fresno County), and the South Fork Kings GSA (Kings County). We understand how cities and GSAs work together to manage groundwater recharge and share costs.

11 PUBLIC OUTREACH
Under Proposition 218 procedural
requirements, property owners can block rate
increases via a majority protest. Smaller public
agencies are particularly vulnerable as it is
easier for angry ratepayers to organize an
opposition and gather protests. LTMC will
prepare clear, informative, and visually
appealing public materials to support
transparency and build support from
ratepayers. These materials will be tailored for
distribution through the City’s website, printed
handouts, presentation decks, mailers, etc.

Typical public materials include Presentation
Slides, Reports, Rate Surveys, Frequently Asked
Questions (FAQs), Ballots, or Notices of Public
Hearing.

During project kickoff, we will work with the City to develop a communication plan. We will work with the City to gain an understanding of any objections to prior rate adjustments and to identify specific customer groups who have a high level of engagement with the City. LTMC will determine a list of key stakeholders including City Council members, business groups, and others. As a second step, we will determine appropriate outreach via social media, print media, community meetings and/or one-on-one meetings with City Council members. LTMC has conducted a wide range of outreach activities and will bring our experience to the City of Riverbank.

REQUESTED PARTICIPATION FROM THE CITY
LTMC understands that the rate study process can be burdensome for public agencies. Our goal is to take on as many administrative tasks as possible to streamline the study. LTMC will be responsible for all project analysis and the preparation of meeting and presentation materials for project team and City Council meetings. Expected time commitment and information required from City staff can be estimated based on the following tasks:
o Respond to LTMC’s data request consisting of items such as: budgets, audits, utility billing data, and capital improvement plans
o Attend kickoff and progress meetings (agenda and materials will be provided in advance) o Review and comment upon draft and final reports
o Review by the City’s legal counsel on recommendations, reports, and procedures o Discuss any political sensitivities or issues that may hinder fee adoption o Coordinate and schedule meetings with the City Council and/or stakeholders Recorded presentation with thumbnail overlay
provided by LTMC for a social media posting.

12 METHODOLOGY
Provided below is our suggested scope of services based on the scope outlined in the City’s Request for Proposals.

Task 1:

Kickoff and
Data Gathering
Task 2:

Financial
Plan
Task 3:

Cost
Allocation
Task 4:

Rate
Design
Task 5:

Connection
Fees
Task 6:

Reports &
Model
Task 7:

Meetings &
Prop 218
Task 1 – Project Kickoff and Data Gathering
Kickoff Meeting
LTMC will conduct a kickoff meeting with City staff to review study goals, milestones, identify project team members, determine roles and responsibilities, and discuss data needs.

Data Gathering
Assemble the necessary data to complete the study. Wherever possible, LTMC will aggregate available information from the City’s website and other public sources. The goal is to understand the City’s financial standing, current rate structure, and utility billing information. A data needs list will be provided to the City prior to the kickoff call.

Task 2 – Financial Plan
Annual Revenue Requirements
With staff input, we will estimate future operating and capital expenditures to estimate annual revenue needs. We will factor in projections of growth, repairs and replacements, capital financing needs, debt obligations, cost escalation, water use, regulatory compliance, and operational changes to ensure that all future expenses are included. LTMC will work with the City to determine appropriate inflationary increases.

Review Reserve Fund Targets
This subtask involves reviewing the current operating and capital reserve balances and evaluating reserve targets for emergency reserves, rate stability reserves, long term capital reserves, short term capital reserves, or other categories as appropriate. At minimum, our analysis will review the age and condition of the system, annual depreciation costs, and expenses related to emergencies.

13 Evaluate Debt Service Coverage
LTMC will review budgets, audits, and disclosure documents to understand existing debt obligations.

We will determine current coverage ratios based on net operating revenues compared to annual debt service expenses. We will also evaluate if the utility has capacity to take on new debt at the current revenues. Our final rate recommendations will include projections to meet coverage requirements in the years to come.

Review Capital Improvement Needs
Our cash flow analysis will isolate the impacts of
capital funding separate from increases needed to
fund other utility expenses. Typically, LTMC
suggests three capital funding scenarios: 1) bare
bones: fund only critical improvements, 2) priority
funding: fund critical projects plus high-priority,
level of service improvements, and 3) full funding:
fund all proposed projects. We will work with the
City to determine project affordability and adjust
our rate recommendations accordingly. LTMC will review various financing options to fund capital needs, including pay-as-you-go/cash funding and other debt financing alternatives, such as State loans/grants, bank loans, and certificates of participation/bonds.

Cash Flow Projections
Annual revenue requirements and capital funding needs will be used to develop long-term cash flow projections summarizing the financial position of the Water Enterprise Fund over the next 10 years. The cash flow projections will estimate rate increases needed to meet annual revenue requirements, debt obligations, and reserve fund targets.

Sensitivity Analysis
Based on input from the project team, LTMC will incorporate rate sensitivity analysis to determine affordability. We will determine rate impacts under various scenarios, possibly including cash funding of projects, debt funding of projects, increased regulatory costs, etc. Sensitivity analysis can often become an iterative process. LTMC is flexible to run additional scenarios as needed.

Task 3 – Cost Allocation
Evaluate Customer Billing Data
We will evaluate historical and current water consumption, customer counts, and other billing data to estimate future water demands. A key aspect of this task is to determine the amount of water use and revenue collected from fixed meter fees and volumetric charges.

Functionalize Costs
Functionalization is the allocation of expenses by major operating activities including water supply, peak pumping, treatment, storage, transmission, overhead, and administration.

14 Allocation to Customer Classes
After costs have been categorized by function, costs are then allocated to each customer class based on water demand characteristics. The result produces revenue requirements for each customer class which can be recovered via fixed charges and volume rates. The allocation to customer classes will be based on industry best practices and meet the proportionality requirements of Proposition 218.

Task 4 – Rate Design
Assess Current Rate Structure and Customer Classifications Review the current rate structure and customer classifications to assess the advantages and disadvantages of the existing system and to determine compliance with industry standards and court rulings. While compliance with Proposition 218 will guide all our recommendations, additional criteria may include: the impact on customer bills, public understanding, revenue stability, ease of implementation, compatibility with the existing billing system, and staff effort needed for administration.

Rate Alternatives
Based on the criteria developed with staff and the cost allocation, we will identify alternative rate structures or modifications to the current rate structure as appropriate. Our primary goal for this task is to ensure the City’s rate structure complies with all legal requirements.

We will evaluate whether any modifications to the
rate structure such as a revision of the base water
allotment are warranted. LTMC will ensure that any
rate structure modifications, including those to
drought rates and the City’s Utility Rate Assistance
Program, are cost-justified and based on the City’s
operation of the water system, cost of water supply,
and consumption patterns. Drought rates will be designed to fund the City’s cost of water service even during cutback scenarios.

If modifications to the current rate structure are needed or desired, we will work with the project team to minimize the impact on ratepayers and clearly explain why the changes are needed. We will outline the advantages and disadvantages of each option. Additionally, we will take into consideration staff’s time and capabilities to administer any changes and will ensure the City’s billing system can accommodate proposed rate structure adjustments.

This task includes a legal review of current and proposed rate design alternatives. As needed, we will coordinate with the City’s legal counsel. For the final study, we will present rate structure options that both meet the City’s needs and relevant legal requirements. LTMC will compare all our estimates and recommendations with those used by other local entities.

15 Bill Impacts and Rate Affordability
Based on the recommended rates, LTMC
will calculate the bill impacts for a sample of
typical customers including both residential
and commercial customer classifications. If
needed, LTMC will develop an
implementation plan to phase-in adjustments
to ease the impact on customers.

Finalize Recommendations
Our final rate recommendations will include
a five-year plan of proposed rates. The final
plan will show projected monthly rates for
each customer class for each year.

Task 5 – Connection Fees
Concurrent with the water rate study, LTMC proposes to review and update the City’s connection (capacity) fees. We will review potential future development in the community and the need to expand capacity. We will work with City staff and engineers to determine the cost of facilities needed to accommodate new customers. Most often, the value of facilities includes both a buy-in to existing facilities that have available capacity plus an expansion component for facilities that must be upsized to meet the needs of growth. The cost of facilities is divided by the capacity of those facilities to determine the connection fee. As needed, LTMC will scale the fees for various types of development such as multifamily residential, accessory dwelling units, and commercial customers. To complete our work, we will provide the City with a comprehensive report and assist with fee adoption.

Task 6 – Reports & Model
Submit a draft summary report for review and feedback. The report will summarize findings and recommendations and discuss key alternatives when applicable. We will then incorporate all staff comments and update recommendations accordingly. The final report will reflect input received from staff and the City Council. Our reports are intended to serve as the administrative record and will be compliant with Propositions 218 and 26. All study materials including the draft and final reports will be submitted to the City in their native format (Word, PowerPoint, etc.). LTMC does not use any specialized software. As part of this task we will submit our active, fully linked Excel-based financial model and provide a staff training session.

Survey of Local Rates
We will prepare a survey comparing the
City’s current and proposed residential utility
bills to nearby agencies. The survey will be
summarized in tables and charts that can be
used for outreach, presentations, and the final
report. We will also prepare bill comparisons
for different customer classes if requested.

The final list of surveyed agencies will be
determined by the City.

16 Task 7 – Meetings, Presentations & Proposition 218
To begin the study, LTMC will hold a kickoff meeting with the project team as described in Task 1. As needed throughout the study, LTMC proposes to conduct virtual progress meetings with the project team to review progress, answer questions, and revise the calculations. In-person meetings will include two (2) presentations with the City Council to present draft and final results and one (1) public meeting to conduct the Proposition 218 hearing. We are also available to attend one (1) public outreach meeting if desired. Our project team will provide comprehensive meeting management including preparing agendas and submitting minutes and action items. Before each public meeting, LTMC will provide draft PowerPoint files to staff for review before our presentation materials are made public. As part of this task, LTMC will also draft the Proposition 218 notice and translate the notice into Spanish or other languages. We recommend public agencies use the Proposition 218 notice as an outreach opportunity to explain why the rate adjustments are needed and to highlight what has been done to help reduce costs.

RATE STUDY DELIVERABLES
o Data request list
o Kickoff meeting
o Cash flows with anticipated funding sources and cost recovery o Ten-year Financial Plan
o Debt coverage projection and analysis of future debt capacity o Review of prudent reserves and recommended reserve policy o Evaluation of customer characteristics including water use, meter size, and number of accounts o Analysis of fixed and variable operating and capital costs o Rate design alternatives and evaluation of customer classifications o Final five-year rate increase plan including drought rates o Sample bill impacts and rate survey of local agencies o Preliminary and final drafts of the rate study report o Connection and capacity fee analysis
o Review of the City’s Utility Rate Assistance Program (URAP) o Fully functional Excel-based rate model with all calculations, tables, and charts used in the report o Staff training regarding the use and functionality of the model o Three (3) in-person meetings/presentations with the City o Virtual progress meetings with staff; action items distributed to the project team o Proposition 218 notice of public hearing and/or educational materials with Spanish translations

17 EXPERIENCE WITH MUNICIPAL WATER RATE STUDIES
Provided below is a selection of LTMC’s recent projects where we designed water rates as part of our scope of services. We enjoy working with small agencies, and we specialize in helping agencies serving populations of 30,000 or fewer.

CLIENT

ACCOUNTS

OR PARCELS PROJECT
City of Gonzales 2,000 Water and Sewer Rate Study (2023) Calaveras Public Utility District 2,100 Water Rate Study (2023) City of Corning 2,400 Water and Sewer Rate Study (ongoing) City of Live Oak 2,500 Water Rate Study (2025)
City of Waterford 2,600 Sewer Rate Study (2019 & 2024)
Water Rate Study (2026)
City of Fort Bragg 2,800 Impact Fee Nexus Study (2024)
Water and Sewer Rate Study (2026)
Bear Valley CSD 2,900 Water, Sewer, and Solid Waste Rate Study (ongoing) Root Creek Water District 3,200 Water, Sewer, and Storm Drain Rate Study (2022) City of Kerman 3,900 Water and Sewer Rate Study (2018)
Water, Sewer, and Storm Drain Rate Study (2024)
City of Kingsburg 4,000 Solid Waste Rate Study (2022)
Water Rate Study (2025)
City of Anderson 4,000 Water Rate Study (2021 & 2024)
Sewer Rate Study (2025)
Westborough Water District 4,000 Water and Sewer Rate Study (2024) City of Chowchilla 4,100 Water, Sewer, and Solid Waste Rate Study (2020 & 2025) City of Red Bluff 4,700 Water and Sewer Rate Study (ongoing) Butte Water District 4,800 Water Rate Study (2025)
City of Wasco 5,100 Water and Sewer Rate Study (2023)
Linda County Water District 5,400 Water and Sewer Rate Study (2025) Town of Discovery Bay CSD 6,100 Water and Sewer Capacity Fee Study (2022) Water and Sewer Rate Study (2025)
City of Hanford 18,000 Water, Wastewater, and Stormwater Rate Study (2024) CSD – community services district

5. RELEVANT EXPERIENCE

18 Provided below are four (4) detailed project references for municipal water rate studies. Additional references can be provided upon request.

City of Waterford
Water Rate Study (2026)
Sewer Rate Study (2019 & 2024)
The City of Waterford (City) is located in Stanislaus County with a population of approximately 9,300. The City provides water and sewer service to about 2,600 accounts. LTMC has worked with Waterford on two sewer rate studies with the most recent study completed in June 2024. More recently, LTMC completed a water rate study with a successful Proposition 218 hearing held in February 2026. Alison Lechowicz served as lead analyst and project manager for all three studies.

The City’s water system consists of three service areas. The City has operated the River Pointe system since 2005 and purchased the Hickman and Waterford systems from the City of Modesto in 2015. At the time, the water infrastructure was in poor condition, and the City has since invested over $11 million in capital projects with the goal of achieving full consolidation of the three systems in the near future. Prior to our work, the City’s most recent water rate study was completed in 2016 shortly after the City acquired the Hickman and Waterford systems, and the City had not adjusted the water rates since 2021. Rate revenues were insufficient to keep up with increasing operating costs while maintaining cash reserves which had been spent down to finance unplanned, costly repairs that were required in recent years.

The goal of LTMC’s water rate study was to develop a rate plan that will support the City’s plans to finance about $9.4 million in capital costs over the next five years. A portion of these costs will be cash-funded through rate revenues, while about $4.3 million of project costs are expected to be debt-funded using low-cost loans.

The City’s rate structure consists of a fixed monthly rate for each meter size as well as a uniform usage rate. Our study did not recommend major changes to the water rate structure, apart from combining the 3/4” and 1” meter rates into a single category reflecting current California Building Code regulations.

Ms. Lechowicz assisted the City with Proposition 218 implementation for all three studies. Activities included drafting the public notice, coordinating the mailing of the notice, consolidating the customer and property owner customer lists, and attending the public hearing.

6. REFERENCES
Tina Envia
Finance Manager
[email protected]
(209) 874-2328 Ext 104

19 City of Kingsburg
Water Rate Study (2025)
Solid Waste and Street Sweeping Rate Study (2022)
Kingsburg is a city of about 12,000
people located in Fresno County
about 20 miles southwest of the City
of Fresno. LTMC completed a solid
waste rate study for the City in 2022
and a water rate study in 2025.

Prior to our work, the Water Fund was operating at a slight deficit as the last rate study did not include costs for higher levels of water treatment or recharge projects for Sustainable Groundwater Management Act (SGMA) compliance. LTMC’s study provided funding for these items as well as deferred capital projects. We also updated the City’s rates to include fees based on meter size and a volume rate that is better reflective of water supply costs. The City’s prior tiered water rate structure was out of compliance with Proposition 218 and was not indicative of actual costs to provide service. Our recommended fee structure more fairly recovers costs from large commercial water users within the City. The City received few protests and held a successful Proposition 218 hearing in May 2025. The rates were implemented by the City.

In 2022, LTMC completed a solid waste and street sweeping rate study for the City. Goals of the study consisted of bringing rates up to actual costs and achieving compliance with new organics recycling regulations. The City franchises its solid waste disposal service to Mid Valley Disposal (MVD) and Central Valley Sweeping (CVS) provides street sweeping. MVD is permitted to increase rates for each of its customer service categories annually by inflation. However, the City may only increase rates to residents as permitted by the Proposition 218 approval process.

Another major aspect of the solid waste rate study was that additional costs are expected into the future for compliance with Senate Bill (SB) 1383 – Bill to Reduce Organic Waste. MVD is offering new categories of service for commercial organics waste recycling and the City has new direct expenses for procurement of biofuels and compost. LTMC designed the rate adjustments to cover these increasing costs. The City of Kingsburg initially adopted LTMC’s rates as proposed and later lowered the rates due to grant funding that offset a portion of City costs.

Daniel Galvez
Public Works Director
[email protected]
(559) 852-0065

20 Calaveras Public Utility District
Water Rate Study (2023)
The Calaveras Public Utility District (CPUD or District) provides treated surface water to about 2,100 accounts in the foothills of Calaveras County.

Prior to LTMC’s work, the District provided customers with a base allotment of water in the meter fee and had a declining 3-tiered rate structure. In June 2023, LTMC completed a water rate study that eliminated the base allotment, transitioned to a uniform rate structure, and provided a schedule of drought rates. LTMC also provided the printing and mailing of the Proposition 218 notice of public hearing and conducted two ratepayer outreach sessions.

The District was operating at a deficit and had issued debt in 2021 to partially fund a replacement tank at their water treatment plant project. The project was also funded with existing reserves. The proposed rate increases were developed to eliminate the operating deficit, meet debt service coverage, and to rebuild reserves over time.

The study recommended changes to the District’s existing rate structure to align them with industry standard methodologies. The existing rate structure included a base allotment of water in the fixed monthly fee plus volume rates for consumption over the base. Under Senate Bill (SB) 555, base water allotments could be considered non-revenue water and subject to auditing and/or other regulatory measures by the state. The proposed new rate structure eliminated the base allotment. The fixed monthly fees consist of a debt service charge for the tank project and a meter charge. The tiered rate structure was also eliminated so that all usage is charged a single rate.

The proposed rates also included a schedule of drought rates, which would only be implemented during a water shortage emergency. Under drought conditions, the base rate would remain the same, but volume rates would increase according to the level of water cutback.

LTMC also assisted with the Proposition 218 process. We drafted the notice of public hearing, coordinated with legal counsel for review, and conducted the printing and mailing. The rates were adopted in June 2023.

Travis Small
Former General Manager
Now at City of Stockton
[email protected]
(916) 716-3287

21 City of Chowchilla
Water, Sewer, Solid Waste, and Storm Drain Rate Study (2025) Located in Madera County, the City of Chowchilla operates and maintains its water, sewer, and storm drain utilities, providing service to a population of about 19,000 residents. The City contracts with Mid Valley Disposal to provide solid waste service. June 2020, LTMC finalized a comprehensive utilities rate study for the City of Chowchilla’s water, sewer, solid waste, and storm drain enterprises.

More recently, LTMC was engaged to complete an updated utilities rate study for the City in June 2025.

At the time of LTMC’s 2020 study, rates for the solid waste and storm drain utilities had not been increased in over 10 years.

Rates for the water and sewer utilities had been updated that year, but the City was only in the second year of being fully metered, and historical consumption data was limited. A series of recommended rate adjustments for the water, sewer, and solid waste utilities were adopted through 2024/25. The City Council elected not to pursue adoption of the storm drain rates due to the administrative burden of conducting an additional balloted vote.

In 2025, LTMC finalized an updated water, sewer, and solid waste rate study for the City. A successful Proposition 218 hearing was held in June 2025. Because the City now has over five years of metered consumption data available, a key aspect of the updated study was identifying water consumption trends and estimating sewer flows for each customer class. Ultimately, our analysis revealed that major rate structure changes were not recommended.

Another main focus of our work was determining a funding strategy for the City’s water and sewer capital improvement plans. During both studies, LTMC developed three rate options for each utility based on varying levels of capital funding and presented each to the Council for input. In 2025, we further assisted the City by revising the rate plan based on new information received after the original Proposition 218 notice had been approved by the Council. We recommended reduced rates for years 2 through 5 (2026/27 through 2029/30) of the proposed rate plan after the City’s outlook for future costs had significantly improved, thus mitigating rate impacts for customers. LTMC also managed the drafting, printing, and mailing of the Proposition 218 notices in both 2020 and 2025.

Jason Rogers
Director of Public Works
[email protected]
(559) 665-8615, x300

22 PROJECT SCHEDULE
Provided below is LT Municipal Consultants’ draft schedule for the rate study. We understand that the City would like to implement new water rates by January 1, 2027. To meet this deadline, we propose to present the final rate study report October 13, 2026. After that meeting, the Proposition 218 notices should be mailed to allow for the required 45-day waiting period before holding the Proposition 218 hearing on December 8, 2026. We are flexible to adjust the schedule as needed. If a public outreach meeting is requested, we propose to schedule the meeting in November 2026 during the Proposition 218 waiting period.

MEETINGS
Provided below is a sample meeting schedule that will be updated with input from the project team. In addition to in-person meetings, our proposal includes virtual meetings for progress meetings with staff.

Additional virtual progress meetings can be scheduled as needed throughout the project at no additional cost to the City.

Meeting #1 (Virtual) Kickoff meeting with the Project Team Meeting #2 (Virtual) Review preliminary findings with the Project Team Meeting #3 (Virtual) Review revised findings with the Project Team Meeting #4 (In-Person) Present draft rate options to City Council; receive input Meeting #5 (In-Person) Present final report to City Council; initiate Proposition 218 process Meeting #6 (In-Person) Proposition 218 Public Hearing to adopt rates

PROJECT TASK

1. Kickoff & Data Gathering

2. Financial Plan

3. Cost Allocation

4. Rate Design

5. Connection Fees

6. Reports & Model D F

7. Meetings & Prop 218 V V V 1 2 3
V - virtual meeting; 1-3 - in-person meetings; D - draft report submitted; F - final report submited

SEP NOV DEC
PROP 218

JUN JUL AUG OCT

7. PROPOSED SCHEDULE

23 NOT-TO-EXCEED PROJECT BUDGET
Provided below is LT Municipal Consultants’ budget to provide the City of Riverbank’s Comprehensive Water Utility Rate Study based on the estimated hours by personnel proposed for each task identified in the scope of services. LTMC will invoice the City monthly for time and materials up to the not-toexceed fee shown below. Three (3) in-person meetings are budgeted for this study. Additional in-person meetings can be added at a cost of $1,500 per meeting.

BILLING RATE SCHEDULE 2026/2027
LTMC’s hourly rates are $250 for principals, $170 for financial analyst II, and $120 for financial analyst I.

No subconsultants are needed for this assignment. The professional time rate includes all overhead and indirect costs. Direct expenses incurred on behalf of the client will be billed at cost. Direct expenses include, but are not limited to:
o Travel, meals, lodging o Automobile mileage
o Printing and report binding o Courier services and mailing costs o Outside computer services or software
development
o Special legal services
LTMC’s hourly rate schedule is part of the quote for use in invoicing for progress payments and for any work that is requested by the City in addition to this scope of services.

Lechowicz Mills Aluzzi
Project Mgr Financial Analyst II Financial Analyst I
$250/hour $170/hour $120/hour

1. Kickoff & Data Gathering 4 2 6 12 $2,060

2. Financial Plan 32 4 20 56 $11,080

3. Cost Allocation 12 2 10 24 $4,540

4. Rate Design 18 2 20 40 $7,240

5. Connection Fees 28 10 28 66 $12,060

6. Reports & Model 16 12 24 52 $8,920

7. Meetings & Prop 218 24 6 16 46 $8,940
Subtotal 134 38 124 296 $54,840
Travel expenses (3 in-person meetings) $900
TOTAL PROJECT 134 38 124 296 $55,740

PROJECT TASKS
HOURS
BUDGET
Total

8. COST PROPOSAL

THANK YOU
909 Marina Village Parkway #135 | Alameda, CA 94501 | (510) 545-3182 | www.ltmuniconsultants.com