Roseville City Council
June 5, 2024

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CITY OF ROSEVILLE
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual General Fund
Year Ended June 30, 2023
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Revenues:

Taxes 176,773,000$ 177,003,000$ 179,325,880$ 2,322,880$ Licenses, permits and fees 3,795,351 3,795,351 4,630,839 835,488 Subventions and grants 334,000 1,105,793 1,495,834 390,041 Charges for services 19,185,480 19,185,480 21,658,218 2,472,738 Use of money and property 3,330,865 3,370,473 1,576,298 (1,794,175) Fines, forfeitures and penalties 85,250 85,250 192,685 107,435 Contributions from developers and others 512,000 527,837 969,680 441,843 Miscellaneous revenues 921,468 1,015,668 1,094,623 78,955 Total Revenues 204,937,414 206,088,852 210,944,057 4,855,205 Expenditures:

Current:

General government:

City council 47,317 97,094 97,094 - City manager 1,472,766 1,500,935 1,364,620 136,315 Public affairs / communications 938,014 938,014 835,372 102,642 City attorney 2,322,819 2,324,578 2,074,580 249,998 City Clerk 1,531,201 1,532,401 1,395,148 137,253 Finance 4,741,215 4,791,829 4,499,440 292 ,389
Human resources 1,839,157 1,909,688 1,894,690 14,998 Retiree medical benefits 5,984,782 5,984,782 5,762,866 221,916 Other expenditures 10,225,536 10,351,287 4,770,407 5,580,880 Public Safety:

Police 54,546,942 55,399,089 54,944,918 454,171 Fire 41,649,317 42,586,377 42,419,179 167,198 Economic Development 1,128,171 1,158,171 982,640 175,531 Parks, Recreation, and Libraries 25,631,878 26,006,395 24,837,420 1,168,975 Library 5,507,890 5,565,458 5,305,710 259,748 Public Works 10,271,978 10,363,898 8,778,504 1,585,394 Development services 18,629,187 31,601,824 22,770,971 8,830,853 Annexation payments 9,900,000 10,145,000 10,109,686 35,314 Capital outlay 28,077,182 46,379,818 4,624,754 41,755,064 Debt service:

Interest and fiscal charges 467 467 1,235 (768)
Total Expenditures 224,445,819 258,637,105 197,469,234 61,1 67,871 Excess (Deficiency) of Revenues Over (Under) Expenditures (19,508,405) (52,548,253) 13,474,823 66,023,076 Other Financing Sources (Uses)
Transfers in 15,030,189 15,434,905 16,067,218 632,313 Transfers (out) (2,173,706) (2,253,927) (1,975,781) 278,146 Gain/(loss) from sale of capital assets - - 10,799 10,799 Total Other Financing Sources (Uses) 12,856,483 13,180,978 14,102,236 921,258 Net Change in Fund Balance (6,651,922)$ (39,367,275)$ 27,577,059 66,944,334$ Fund Balance, July 1, as restated 138,784,507
Fund Balance, June 30 166,361,566$
111

CITY OF ROSEVILLE
Schedule of Changes in the City's Net Pension Liability and Related Ratios Last Ten Years**
Measurement Date
Miscellaneous Safety Miscellaneous Safety
Total Pension Liability
12,410,363$ 7,979,496 $ 12,377,311 $ 7,650,925$ 35,999,301 17,970,776 38,106,634 18,851,867 - - (1,796,891) (4,348,535)
- - (9,697,397) (5,162,388)
(18,188,166) (9,003,224) (19,339,004) (9,908,333)
Net change in total pension liability 30,221,498 16,947,048 19,650,653 7,083,536 Total Pension Liability-beginning 482,879,572 240,122,220 513,101,070 257,069,269 Total Pension Liability-ending (a) 513,101,070$ 257,069,268 $ 532,751,723 $ 264,152,805$ Plan Fiduciary Net Position
-$ - $ 3,810$ (26,514)$
14,691,280
8,482,557 15,901,790 9,010,440
5,879,856 2,321,899 5,785,312 2,299,042
51,318,939 26,953,304 7,885,768 4,110,266
(18,188,166) (9,003,224) (19,339,004) (9,908,333)
- - (401,772) (210,832)
-- - -
Net change in plan fiduciary net position 53,701,909 28,754,536 9,835,904 5,274,069 Plan Fiduciary Net Position-beginning 293,249,174 153,271,540 346,951,083 182,026,076 Plan Fiduciary Net Position-ending (b) 346,951,083$ 182,026,076$ 356,786,987$ 187,300,145$ Net pension liability-ending (a) - (b) 166,149,987$ 75,043,192$ 175,964,736$ 76,852,660$ Plan fiduciary net position as a percentage of the total pension liability 67.62% 70.81% 66.97% 70.91% Covered payroll 67,642,462$ 25,304,421$ 70,574,246$ 25,172,485$ Net pension liability as a percentage of covered payroll 245.63% 296.56% 249.33% 305.30% Notes to Schedule:

Benefit Changes: The figures above do not include any liab ility impact that may have resulted from plan changes which occurred after the Valuation Date. This applies for voluntary benefit changes as well as any offers of Two Years Additional Service Credit (a.k.a. Golden Handshakes).

Changes of Assumptions: In 2022, the discount rate was reduced from 7.15% to 6.90% None in 2019 - 2021. In 2018, demographic assumptions and inflation rates were changed in accordance with the CalPERS Experience Study and Review of Actuarial Assumptions December 2017. There were no changes in the discount rate. In 2017, the accounting discount rate reduced from 7.65 percent to 7.15 percent. In 2016, there were no changes. In 2015, amounts reported reflect an adjustment of the discount rate from 7.5 percent (net of administrative expense) to 7.65 percent (without a reduction for pension plan administrative expense.) In 2014, amount reported were based on the 7.5 percent discount rate. **Historical information is required only for measurement perio ds for which GASB 68 is applicable. Fiscal Year 2015 was the fi rst year of implementation, therefore only nine years are shown.

Administrative expenses
Benefit payments, including refunds of employee contributions Contributions-employer
Contributions-employee
Net investment income
Benefit payments
Plan to plan resource movement
Other miscellaneous income/(expense)
Service Cost
Interest on total pension liability
Differences between expected and actual experience
Changes in assumptions
June 30, 2014
2016
June 30, 2015
2015
112
Miscellaneous Safety Miscellaneous Safety Miscellaneous Safety Miscellaneous Safety 12,872,902$ 7,764,644$ 14,861,538 $ 9,405,915 $ 15,197,311 $ 8,932,221 $ 14,927,042 $ 9,116,368$ 40,468,522 20,340,470 42,476,046 21,361,661 44,939,359 22,591,319 47,819,167 23,857,020 316,698 3,415,651 (3,545,559) (4,417,042) 8,065,105 5,319,784 9,146,285 (140,829) - - 36,462,156 19,842,134 (5,705,470) (6,138,658) - -
(21,009,168) (11,124,582) (23,354,942) (11,825,080) (27,471,425) (13,202,641) (30,270,138) (14,342,692) 32,648,954 20,396,183 66,899,239 34,367,588 35,024,880 17,502,025 41,622,356 18,489,867 532,751,723 264,152,805 565,400,677 284,548,988 632,299,916 318,916,576 667,324,796 336,418,601 565,400,677$ 284,548,988$ 632,299,916 $ 318,916,576 $ 667,324,796 $ 336,418,601 $ 708,947,152 $ 354,908,468$ (386)$ -$ 7,316$ -$ (1,010)$ (530)$ -$ -$ 17,491,938 9,590,596 19,450,887 10,566,516 19,671,137 10,743,429 21,557,305 11,972,740 6,323,610 2,418,065 6,168,110 2,577,887 6,408,266 2,505,197 6,237,988 2,593,796 1,875,529 906,270 40,706,669 21,245,779 34,705,395 17,996,253 29,023,516 15,176,590 (21,009,168) (11,124,582) (23,354,942) (11,825,080) (27,471,425) (13,202,641) (30,270,138) (14,342,692) (217,443) (114,150) (533,363) (279,011) (629,069) (329,205) (310,557) (162,955) - - - - (1,194,613) (625,166) 1,010 530
4,464,080 1,676,199 42,444,677 22,286,091 31,488,681 17,087,337 26,239,124 15,238,009 356,786,987 187,300,145 361,251,067 188,976,344 403,695,744 211,262,435 435,184,425 228,349,772 361,251,067$ 188,976,344$ 403,695,744$ 211,262,435$ 435,184,425$ 228,349,772$ 461,423,549$ 243,587,781$ 204,149,610$ 95,572,644$ 228,604,172$ 107,654,141$ 232,140,371$ 108,068,829$ 247,523,603$ 111,320,687$

63.89% 66.41% 63.85% 66.24% 65.21% 67.88% 65.09% 68.63% 74,134,013$ 26,276,305$ 74,820,705$ 25,815,804$ 77,213,278$ 27,411,760$ 79,529,676$ 28,234,113$ 275.38% 363.72% 305.54% 417.01% 300.65% 394.24% 311.23% 394.28% 20202017
June 30, 2016
2018
June 30, 2017
2019
June 30, 2018 June 30, 2019
113
Miscellaneous Safety Miscellaneous Safety Miscellaneous Safety 14,943,938$ 9,042,832$ 15,491,153 $ 9,468,729 $ 17,950,437 $ 10,542,174$ 50,429,001 25,312,431 53,007,373 26,769,989 55,762,597 27,908,384 5,475,145 2,619,056 4,497,247 2,340,001 4,292,996 (2,818,119) - - - - 29,517,318 13,677,055
(33,187,110) (16,057,838) (34,978,189) (16,987,747) (38,515,340) (18,153,244) 37,660,974 20,916,481 38,017,584 21,590,972 69,008,008 31,156,250 708,947,152 354,908,468 746,608,126 375,824,949 784,625,710 397,415,921 746,608,126$ 375,824,949$ 784,625,710 $ 397,415,921 $ 853,633,718 $ 428,572,171$ -$ -$ - $ - $ - $ -$ 24,661,517 13,409,112 27,611,475 14,708,012 30,096,797 21,918,104 6,469,454 2,754,718 6,977,458 3,080,891 7,171,310 3,207,736 23,210,947 12,273,184 110,441,003 58,531,112 (45,091,960) (24,502,839) (33,187,110) (16,057,838) (34,978,189) (16,987,747) (38,515,340) (18,153,244) (650,494) (343,399) (481,417) (255,352) (368,468) (196,040) ------
20,504,314 12,035,777 109,570,330 59,076,916 (46,707,661) (17,726,283) 461,423,549 243,587,781 481,927,863 255,623,558 591,498,193 314,700,474 481,927,863$ 255,623,558$ 591,498,193$ 314,700,474$ 544,790,532$ 296,974,191$ 264,680,263$ 120,201,391$ 193,127,517$ 82,715,447$ 308,843,186$ 131,597,980$

64.55% 68.02% 75.39% 79.19% 63.82% 69.29%
80,417,208$ 27,578,559$ 82,654,527$ 27,806,987$ 86,882,516$ 29,125,588$ 329.13% 435.85% 233.66% 297.46% 355.47% 451.83%
June 30, 2021
2023
June 30, 2022
2021
June 30, 2020
2022
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115

CITY OF ROSEVILLE
Schedule of Contributions - Pensions
Last Ten Years**
Valuation Date
Miscellaneous Safety Miscellaneous Safety
Actuarial Determined Contribution 15,872,491$ 9,015,161$ 17,564,085$ 9,409,229$ (15,872,491) (9,015,161) (17,564,085) (9,409,229)
-$ -$ -$ -$
Covered payroll 67,642,462$ 25,304,421$ 70,574,246$ 25,172,485$ Contributions as a percentage of covered payroll 23.47% 35.63% 24.89% 37.38% Notes to Schedule:

Methods and assumptions used to determine contribution rates:

Actuarial cost method
Amortization method
Asset valuation method
Inflation
Salary increases
Payroll growth
Investment rate of return
Retirement age
Mortality
June 30, 2013 June 30, 2014
2015 2016
Entry age normal cost method
Level percentage of pay, a summary of the current policy is provided in the table below:

Contribution Deficiency (Excess)
**Historical information is required only for measurement periods for which GASB 68 is applicable. Fiscal Year 2015 was the first year of implementation, therefore only nine years are shown.

The mortality table used was developed based on CalPERS’ specific data. The table includes 15 years of mortality improvements using 90 percent of Society of Actuaries' Scale 2016. For more details on this table, please refer to the 2017 experience study report.

All other actuarial assumptions used in the June 30, 2019 valuation were based on the results of an actuarial experience study for the period from 1997 to 2015, including updates to salary increase, mortality and retirement rates. The Experience Study report may be accessed on the CalPERS website at www.calpers.ca.gov under Forms and Publications.

2.75%

7.00%, net of pension plan investment expenses, including inflation.

Varies by Entry Age and Service
Market Value

2.50%
Contribution in relation to the Actuarially Determined Contribution 116
Miscellaneous Safety Miscellaneous Safety Miscellaneous Safety Miscellaneous Safety 19,896,723$ 11,655,656$ 18,499,075$ 11,936,348$ 20,601,494$ 12,920,861$ 23,130,931$ 15,077,558$ (19,896,723) (11,655,656) (18,499,075) (11,936,348) (20,601,494) (12,920,861) (23,130,931) (15,077,558) -$ -$ - $ - $ - $ - $ - $ -$ 74,820,705$ 25,815,804$ 79,210,839$ 27,559,890$ 81,801,133$ 26,701,606$ 80,417,208$ 27,578,559$

26.59% 45.15% 23.35% 43.31% 25.18% 48.39% 28.76% 54.67% 2020
June 30, 2015 June 30, 2016 June 30, 2017 June 30, 2018 2017 2018 2019
117
Miscellaneous Safety Miscellaneous Safety Miscellaneous Safety 27,226,777$ 15,061,145$ 30,336,227$ 15,544,511$ 33,473,482$ 17,136,360$ (27,226,777) (15,061,145) (30,336,227) (15,544,511) (33,473,482) (17 ,136,360) -$ -$ -$ -$ -$ -$ 82,654,527$ 27,806,987$ 86,882,516$ 29,125,588$ 93,249,022$ 30,363,404$

32.94% 54.16% 34.92% 53.37% 35.90% 56.44%
2022
June 30, 2020
2021
June 30, 2019
2023
June 30, 2021
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119

CITY OF ROSEVILLE
Schedule of Changes in the City’s Net OPEB Liability and Related Ratios Last Ten Years**
2018 2019 2020
Measurement Date June 30, 2018 June 30, 2019 June 30, 2020 Total OPEB Liability
Service cost 6,665,000$ 6,021,000$ 5,701,000$ Interest on the total OPEB liability 15,256,000 14,291,000 14,961, 000 Differences between expected and actual experiences (29,958,000) - (17,999,000) Changes in assumptions 11,123,000 - (5,591,000)
Benefit payments, including refunds of employee contributions (8,449,000) (8,550,000) (9,988,000) Net change in total OPEB liability (5,363,000) 11,762,000 (12,916, 000) Total OPEB liability - beginning 232,271,000 226,908,000 238,670,0 00 Total OPEB liability - ending (a) 226,908,000 238,670,000 225,754, 000 Plan Fiduciary Net Position
Contributions - employer 14,213,477 15,342,178 16,425,867 Miscellaneous revenue - 69,429 -
Net investment income 5,902,312 7,122,750 5,318,871
Benefit payments (8,449,000) (8,550,000) (9,988,000)
Administrative expenses (210,775) (144,591) (34,934)
Net change in plan fiduciary net position 11,456,014 13,839,766 11 ,721,804 Plan fiduciary net position - beginning 72,663,626 84,119,640 97,9 59,406 Plan fiduciary net position - ending (b) 84,119,640 97,959,406 109 ,681,210 Net OPEB Liability/(Assets) - ending (a) - (b) 142,788,360$ 140,710,594$ 116,072,790$ Plan fiduciary net position as a percentage of the total OPEB liability 37.07% 41.04% 48.58% Covered-employee payroll 106,770,729$ 108,508,739 $ 107,995,767 $ Net OPEB liability as a percentage of covered-employee payroll 133.73% 129.68% 107.48% ** Historical information is required only for the measurement periods for which GASB 75 is applicable. Fiscal Year 2018 was the first year of implementation. Future years' information will be displayed up to 10 years as information becomes available. 120
2021 2022 2023
June 30, 2020 June 30, 2022 June 30, 2022
5,414,588$ 5,759,626 $ 5,143,281$
14,125,116 14,588,405 12,237,069
- (21,544,252) -
7,744,727 (17,673,776) -
(10,333,464) (10,649,042) (11,021,257)
16,950,967 (29,519,039) 6,359,093
225,754,000 242,704,967 213,185,928
242,704,967 213,185,928 219,545,021
15,353,152 15,400,470 11,961,366
---
28,457,423 (18,288,503) 10,511,924
(10,333,464) (10,649,042) (11,021,257)
(81,197) (75,790) (40,390)
33,395,914 (13,612,865) 11,411,643
109,681,210 143,077,124 129,464,259
143,077,124 129,464,259 140,875,902
99,627,843$ 83,721,669$ 78,669,119$

58.95% 60.73% 64.17%
115,547,480$ 128,628,850 $ 142,721,264$

86.22% 65.09% 55.12%
121

CITY OF ROSEVILLE
Schedule of Contributions – OPEB
Last Ten Years**
2018 2019 2020
Valuation Date June 30, 2017 June 30, 2017 June 30, 2019 15,132,000$ 15,342,000 $ 13,739,000 $
(14,213,000) (15,226,000) (16,485,000)
919,000$ 116,000 $ (2,746,000) $ 106,770,729$ 108,508,739 $ 107,995,767 $

13.31% 14.03% 15.26%
Notes to Schedule:

Methods and assumptions used to determine contributions:

Most Recent Valuation Date
Actuarial Cost Method
Amortization Method
Asset Valuation Method
Inflation
Salary Increase
Discount rate
Mortality
Entry Age Normal, level percent of payroll
Investment gains and losses spread over 5 year rolling period Derived using CalPERS membership data

5.75%

2.50%
Aggregate of 2.75%
Contribution Deficiency (Excess)
Covered-employee payroll
Contributions as a percentage of covered-employee payroll Actuarially Determined Contribution
Level percent of pay
Contribution in Relation to the Actuarially Determined Contributions ** Historical information is required only for the measurement periods for which GASB 75 is applicable. Fiscal Year 2018 was the first year of implementation. Future years' information will be displayed up to 10 years as information becomes available.

June 30, 2021
122
2021 2022 2023
June 30, 2019 June 30, 2022 June 30, 2022
14,026,000$ 10,687,000$ 10,591,000$
(15,353,152) (15,400,470) (11,961,366)
(1,327,152)$ (4,713,470) $ (1,370,366)$
115,547,480$ 128,628,850 $ 142,721,264$

13.29% 11.97% 8.38%
123
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CITY OF ROSEVILLE
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2023
Assets:

Cash and investments 17,329,322$ 11,644,927$ 634,544$ 151,583$ Accounts receivable 1,046,271 3,271,955 41,032 639
Notes and loans - - - -
Prepaids - - - -
Developer permit fees receivable - - - -
Due from other governments - - - -
Restricted assets:

Cash and investments with fiscal agents - - - -
Total Assets 18,375,593 $ 14,916,882 $ 675,576 $ 152,222 $ Liabilities, Deferred Inflows of Resources,
and Fund Balances:

Liabilities:

Accounts payable 990,910$ 533,173$ 3,001$ -$ Accrued liabilities - 13,715 - -
Unearned revenues 27,536 - - -
Deposits payable - - - -
Due to other funds - - - -
Advances from other funds - - - -
Total Liabilities 1,018,446 546,888 3,001 -
Deferred inflows of resources:

Unavailable revenues 6,148 13,981 - -
Total Deferred Inflows of Resources 6,148 13,981 - -
Fund Balances:

Nonspendable - - - -
Restricted 17,350,999 14,356,013 672,575 152,222
Assigned - - - -
Unassigned - - - -
Total Fund Balances (Deficits) 17,350,999 14,356,013 672,575 152,222 Total Liabilities, Deferred Inflows of
Resources, and Fund Balances 18,375,593$ 14,916,882$ 675,576$ 152,222$ Landscape
and Lighting
Districts and
Services
District
State Gasoline
Tax Traffic Safety
Trench Cut
Recovery Fund
Special Revenue Funds
128

CITY OF ROSEVILLE
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2023
Assets:

Cash and investments
Accounts receivable
Notes and loans
Prepaids
Developer permit fees receivable
Due from other governments
Restricted assets:

Cash and investments with fiscal agents
Total Assets
Liabilities, Deferred Inflows of Resources,
and Fund Balances:

Liabilities:

Accounts payable
Accrued liabilities
Unearned revenues
Deposits payable
Due to other funds
Advances from other funds
Total Liabilities
Deferred inflows of resources:

Unavailable revenues
Total Deferred Inflows of Resources
Fund Balances:

Nonspendable
Restricted
Assigned
Unassigned
Total Fund Balances (Deficits)
Total Liabilities, Deferred Inflows of
Resources, and Fund Balances
(CONTINUED)
3,149,174$ 812,613 $ 2,074,078 $ 18,217,719 $ 7,883 2,407 13,524 3,809,821
- - - 11,281,855
--- 3 ,289
----
----
----
3,157,057$ 815,020 $ 2,087,602 $ 33,312,684 $ 7,906$ 68,130 $ 31,193 $ 704,668$ ----
- - - 15,327,412
----
----
----
7,906 68,130 31,193 16,032,080
- - - 12,915,397
- - - 12,915,397
--- 3 ,289
3,149,151 746,890 2,056,409 4,361,918
----
----
3,149,151 746,890 2,056,409 4,365,207
3,157,057$ 815,020 $ 2,087,602 $ 33,312,684 $ Tree
Propagation Grants
Technology
Replacement Open Space
Special Revenue Funds
129

CITY OF ROSEVILLE
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2023
Assets:

Cash and investments
Accounts receivable
Notes and loans
Prepaids
Developer permit fees receivable
Due from other governments
Restricted assets:

Cash and investments with fiscal agents
Total Assets
Liabilities, Deferred Inflows of Resources,
and Fund Balances:

Liabilities:

Accounts payable
Accrued liabilities
Unearned revenues
Deposits payable
Due to other funds
Advances from other funds
Total Liabilities
Deferred inflows of resources:

Unavailable revenues
Total Deferred Inflows of Resources
Fund Balances:

Nonspendable
Restricted
Assigned
Unassigned
Total Fund Balances (Deficits)
Total Liabilities, Deferred Inflows of
Resources, and Fund Balances
640,262$ 5,398,310$ 2,058,320$ 2,330,379$ 71,680 700,841 1,789,235 103,170
- 17,929,085 13,719,644 -
----
----
----
----
711,942$ 24,028,236$ 17,567,199$ 2,433,549$
8,519$ 273 $ 111,737 $ 7,797 $ ----
----
78,324 - - -
----
----
86,843 273 111,737 7,797
- 18,605,508 12,137,582 -
- 18,605,508 12,137,582 -
----
625,099 5,422,455 5,317,880 2,425,752
----
----
625,099 5,422,455 5,317,880 2,425,752
711,942$ 24,028,236$ 17,567,199$ 2,433,549$
Housing
Authority
Housing
Choice
Voucher
Affordable
Housing
Low/Mod
Income
Housing Asset Cable TV Peg
Special Revenue Funds
130

CITY OF ROSEVILLE
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2023
Assets:

Cash and investments
Accounts receivable
Notes and loans
Prepaids
Developer permit fees receivable
Due from other governments
Restricted assets:

Cash and investments with fiscal agents
Total Assets
Liabilities, Deferred Inflows of Resources,
and Fund Balances:

Liabilities:

Accounts payable
Accrued liabilities
Unearned revenues
Deposits payable
Due to other funds
Advances from other funds
Total Liabilities
Deferred inflows of resources:

Unavailable revenues
Total Deferred Inflows of Resources
Fund Balances:

Nonspendable
Restricted
Assigned
Unassigned
Total Fund Balances (Deficits)
Total Liabilities, Deferred Inflows of
Resources, and Fund Balances
(CONTINUED)
339,132$ 981,488$ 530,666$ 371,189$ 1,077 625,009 1,832 -
--- -
- 132 - -
--- -
--- -
--- -
340,209$ 1,606,629$ 532,498$ 371,189$ 1,268$ 167,066 $ 18$ -$ - 2,371,117 - -
- - - 371,189
--- -
- 127,000 168,525 -
- 1,607,000 - -
1,268 4,272,183 168,543 371,189
--- -
--- -
- 132 - -
338,941 - 363,955 -
--- -
- (2,665,686) - -
338,941 (2,665,554) 363,955 -
340,209$ 1,606,629$ 532,498$ 371,189$ Police
Evidence Golf
Roseville
Aquatics
Complex
Maintenance
Opioid
Settlement
Special Revenue Funds
131

CITY OF ROSEVILLE
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2023
Assets:

Cash and investments
Accounts receivable
Notes and loans
Prepaids
Developer permit fees receivable
Due from other governments
Restricted assets:

Cash and investments with fiscal agents
Total Assets
Liabilities, Deferred Inflows of Resources,
and Fund Balances:

Liabilities:

Accounts payable
Accrued liabilities
Unearned revenues
Deposits payable
Due to other funds
Advances from other funds
Total Liabilities
Deferred inflows of resources:

Unavailable revenues
Total Deferred Inflows of Resources
Fund Balances:

Nonspendable
Restricted
Assigned
Unassigned
Total Fund Balances (Deficits)
Total Liabilities, Deferred Inflows of
Resources, and Fund Balances
5,144,797$ 116,439,116$ 47,954,767$ 1,334,236$
25,864 6,231,713 211,786 4,736
- 175,204 361 -
-- - -
- 9,498,978 4,129,876 -
- - 4,197,014 -
2,900,897 - - -
8,071,558$ 132,345,011$ 56,493,804$ 1,338,972$
587,101$ 2,047,168 $ 597,596 $ - $
- 53,657 - -
-- - -
- 10,000 - -
- 2,571,484 - -
- 8,475,779 - -
587,101 13,158,088 597,596 -
- 5,481,427 4,197,014 -
- 5,481,427 4,197,014 -
-- - -
7,484,457 113,705,496 51,699,194 1,338,972
-- - -
-- - -
7,484,457 113,705,496 51,699,194 1,338,972
8,071,558$ 132,345,011$ 56,493,804$ 1,338,972$
Traffic
Mitigation
Al Johnson
Wildlife Area
Community
Facilities
Districts
Development
Impact
Capital Projects Funds
132

CITY OF ROSEVILLE
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2023
Assets:

Cash and investments
Accounts receivable
Notes and loans
Prepaids
Developer permit fees receivable
Due from other governments
Restricted assets:

Cash and investments with fiscal agents
Total Assets
Liabilities, Deferred Inflows of Resources,
and Fund Balances:

Liabilities:

Accounts payable
Accrued liabilities
Unearned revenues
Deposits payable
Due to other funds
Advances from other funds
Total Liabilities
Deferred inflows of resources:

Unavailable revenues
Total Deferred Inflows of Resources
Fund Balances:

Nonspendable
Restricted
Assigned
Unassigned
Total Fund Balances (Deficits)
Total Liabilities, Deferred Inflows of
Resources, and Fund Balances
(CONTINUED)
Debt Service
Fund
1,542,735$ 2,234,404 $ 3,789,755 $ - $
954,211 233,762 956 4,422
----
----
----
----
- - 238,056 -
2,496,946$ 2,468,166 $ 4,028,767 $ 4,422 $
655,199$ 447,800$ 71,096$ -$
----
----
----
- - - 114,475
----
655,199 447,800 71,096 114,475
----
----
----
1,841,747 - 3,957,671 -
- 2,020,366 - -
- - - (110,053)
1,841,747 2,020,366 3,957,671 (110,053)
2,496,946$ 2,468,166 $ 4,028,767 $ 4,422 $
Roseville
Finance
Authority Roadway
General Fund
Capital
Projects
RFA Capital
Projects
Capital Projects Funds
133

CITY OF ROSEVILLE
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2023
Assets:

Cash and investments
Accounts receivable
Notes and loans
Prepaids
Developer permit fees receivable
Due from other governments
Restricted assets:

Cash and investments with fiscal agents
Total Assets
Liabilities, Deferred Inflows of Resources,
and Fund Balances:

Liabilities:

Accounts payable
Accrued liabilities
Unearned revenues
Deposits payable
Due to other funds
Advances from other funds
Total Liabilities
Deferred inflows of resources:

Unavailable revenues
Total Deferred Inflows of Resources
Fund Balances:

Nonspendable
Restricted
Assigned
Unassigned
Total Fund Balances (Deficits)
Total Liabilities, Deferred Inflows of
Resources, and Fund Balances
Permanent
Fund
Total
Governmental
Funds
14,495,797$ 259,599,313 $
53,868 19,207,694
- 43,106,149
- 3,421
- 13,628,854
- 4,197,014
- 3,138,953
14,549,665$ 342,881,398 $
13,870$ 7,055,489 $
- 2,438,489
- 15,726,137
- 88,324
- 2,981,484
- 10,082,779
13,870 38,372,702
- 53,357,057
- 53,357,057
14,535,795 14,539,216
- 237,367,796
- 2,020,366
- (2,775,739)
14,535,795 251,151,639
14,549,665$ 342,881,398 $
Citizen Benefit
134

THIS PAGE INTENTIONALLY LEFT BLANK
135

CITY OF ROSEVILLE
Combining Statement of Revenues,
Expenditures and Changes in Fund Balances
Nonmajor Governmental Funds
Year Ended June 30, 2023
Revenues:

Taxes 18,310,186$ -$ -$ -$
Subvention and grants - 5,892,577 - -
Charges for services - - - -
Use of money and property (174,274) (227,027) 2,193 (331) Fines, forfeitures and penalties - - 208,932 -
Contributions from developers and others - 3,370,703 - - Miscellaneous revenues 28,560 - - -
Revenue from others - - - -
Total Revenues 18,164,472 9,036,253 211,125 (331)
Expenditures:

Current:

General government - - - -
Police - - 176,776 -
Economic development - - - -
Parks and recreation 8,103,809 - - -
Public works - 8,927,814 98,421 -
Development services - - - -
Housing assistance payments - - - -
Capital outlay 331,125 105,709 - -
Debt service:

Principal retirement - - - -
Interest and fiscal charges - - - -
Total Expenditures 8,434,934 9,033,523 275,197 -
Excess (Deficiency) of Revenues
Over (Under ) Expenditures 9,729,538 2,730 (64,072) (331) Other Financing Sources (Uses):

Transfers in 13,570 1,783 85 -
Transfers out (7,680,455) - - -
Total Other Financing Sources
(Uses) (7,666,885) 1,783 85 -
Net Change in Fund Balances 2,062,653 4,513 (63,987) (331) Fund Balances, Beginning of Year 15,288,346 14,351,500 736,562 152,553 Restatements - - - -
Fund Balances, Beginning of Year, as restated 15,288,346 14,351,500 736,562 152,553 Fund Balances, End of Year 17,350,999$ 14,356,013$ 672,575$ 152,222$ Landscape
and Lighting
Districts and
Services
District
State
Gasoline Tax Traffic Safety
Trench Cut
Recovery
Fund
Special Revenue Funds
136

CITY OF ROSEVILLE
Combining Statement of Revenues,
Expenditures and Changes in Fund Balances
Nonmajor Governmental Funds
Year Ended June 30, 2023
Revenues:

Taxes
Subvention and grants
Charges for services
Use of money and property
Fines, forfeitures and penalties
Contributions from developers and others
Miscellaneous revenues
Revenue from others
Total Revenues
Expenditures:

Current:

General government
Police
Economic development
Parks and recreation
Public works
Development services
Housing assistance payments
Capital outlay
Debt service:

Principal retirement
Interest and fiscal charges
Total Expenditures
Excess (Deficiency) of Revenues
Over (Under ) Expenditures
Other Financing Sources (Uses):

Transfers in
Transfers out
Total Other Financing Sources
(Uses)
Net Change in Fund Balances
Fund Balances, Beginning of Year
Restatements
Fund Balances, Beginning of Year, as restated
Fund Balances, End of Year
(CONTINUED)
-$ -$ -$ -$
- - - 8,702,238
692,718 - 362,684 -
(19,100) 7,478 (15,813) 340,527
----
----
- 11,661 - 3,221
- - - 87,085
673,618 19,139 346,871 9,133,071
- - - 1,387,846
- - - 2,591,430
- - - 264,000
- 842,708 210,081 -
----
267,836 - - -
----
- - - 1,778,748
----
----
267,836 842,708 210,081 6,022,024
405,782 (823,569) 136,790 3,111,047
133 679,563 105 2,450
- - - (1,935,000)
133 679,563 105 (1,932,550)
405,915 (144,006) 136,895 1,178,497
2,743,236 890,896 1,919,514 3,186,710
----
2,743,236 890,896 1,919,514 3,186,710
3,149,151$ 746,890 $ 2,056,409 $ 4,365,207 $ Tree
Propagation Grants
Technology
Replacement Open Space
Special Revenue Funds
137

CITY OF ROSEVILLE
Combining Statement of Revenues,
Expenditures and Changes in Fund Balances
Nonmajor Governmental Funds
Year Ended June 30, 2023
Revenues:

Taxes
Subvention and grants
Charges for services
Use of money and property
Fines, forfeitures and penalties
Contributions from developers and others
Miscellaneous revenues
Revenue from others
Total Revenues
Expenditures:

Current:

General government
Police
Economic development
Parks and recreation
Public works
Development services
Housing assistance payments
Capital outlay
Debt service:

Principal retirement
Interest and fiscal charges
Total Expenditures
Excess (Deficiency) of Revenues
Over (Under ) Expenditures
Other Financing Sources (Uses):

Transfers in
Transfers out
Total Other Financing Sources
(Uses)
Net Change in Fund Balances
Fund Balances, Beginning of Year
Restatements
Fund Balances, Beginning of Year, as restated
Fund Balances, End of Year
-$ -$ -$ -$
8,784,587 449,845 134,932 -
- 5,986 45,492 361,530
1,305 27,546 96,958 (17,813)
----
-1 ,800 - -
----
----
8,785,892 485,177 277,382 343,717
- - - 71,605
----
941,319 - 297,472 -
----
----
144 1,498,570 - -
7,933,095 - - -
----
----
----
8,874,558 1,498,570 297,472 71,605
(88,666) (1,013,393) (20,090) 272,112
- 410 569 91
----
- 410 569 91
(88,666) (1,012,983) (19,521) 272,203
713,765 6,435,438 6,114,685 2,153,549
- - (777,284) -
713,765 6,435,438 5,337,401 2,153,549
625,099$ 5,422,455 $ 5,317,880 $ 2,425,752 $ Housing
Authority
Housing
Choice
Voucher
Affordable
Housing
Low/Mod
Income
Housing Asset Cable TV Peg
Special Revenue Funds
138

CITY OF ROSEVILLE
Combining Statement of Revenues,
Expenditures and Changes in Fund Balances
Nonmajor Governmental Funds
Year Ended June 30, 2023
Revenues:

Taxes
Subvention and grants
Charges for services
Use of money and property
Fines, forfeitures and penalties
Contributions from developers and others
Miscellaneous revenues
Revenue from others
Total Revenues
Expenditures:

Current:

General government
Police
Economic development
Parks and recreation
Public works
Development services
Housing assistance payments
Capital outlay
Debt service:

Principal retirement
Interest and fiscal charges
Total Expenditures
Excess (Deficiency) of Revenues
Over (Under) Expenditures
Other Financing Sources (Uses):

Transfers in
Transfers out
Total Other Financing Sources
(Uses)
Net Change in Fund Balances
Fund Balances, Beginning of Year
Restatements
Fund Balances, Beginning of Year, as restated
Fund Balances, End of Year
(CONTINUED)
-$ - $ -$ -$ --- -
- 2,741,356 - -
(2,319) 13,155 (2,413) -
--- -
--- -
46,114 5,500 - -
--- -
43,795 2,760,011 (2,413) -
--- -
19,116 - - -
--- -
- 2,730,055 66,560 -
--- -
--- -
--- -
--- -
--- -
- 19,932 - -
19,116 2,749,987 66,560 -
24,679 10,024 (68,973) -
- 270,220 - -
- (483,110) (78,579) -
- (212,890) (78,579) -
24,679 (202,866) (147,552) -
314,262 (2,462,688) 511,507 -
--- -
314,262 (2,462,688) 511,507 -
338,941$ (2,665,554)$ 363,955$ -$
Police
Evidence Golf
Roseville
Aquatics
Complex
Maintenance
Opioid
Settlement
Special Revenue Funds
139

CITY OF ROSEVILLE
Combining Statement of Revenues,
Expenditures and Changes in Fund Balances
Nonmajor Governmental Funds
Year Ended June 30, 2023
Revenues:

Taxes
Subvention and grants
Charges for services
Use of money and property
Fines, forfeitures and penalties
Contributions from developers and others
Miscellaneous revenues
Revenue from others
Total Revenues
Expenditures:

Current:

General government
Police
Economic development
Parks and recreation
Public works
Development services
Housing assistance payments
Capital outlay
Debt service:

Principal retirement
Interest and fiscal charges
Total Expenditures
Excess (Deficiency) of Revenues
Over (Under) Expenditures
Other Financing Sources (Uses):

Transfers in
Transfers out
Total Other Financing Sources
(Uses)
Net Change in Fund Balances
Fund Balances, Beginning of Year
Restatements
Fund Balances, Beginning of Year, as restated
Fund Balances, End of Year
-$ - $ - $ - $ ----
- 33,808,580 12,448,467 -
167,342 (1,267,439) (467,922) 54,476
----
- - 641,445 -
1,845,153 1,029,418 - -
5,867,199 - 1,103,625 -
7,879,694 33,570,559 13,725,615 54,476
- 2,458,392 86,962 20
----
----
- 1,918,427 - -
- 196,704 800,761 -
3,234,008 - - -
----
5,665,646 6,472,543 2,193,294 -
----
1,835,220 127,731 - -
10,734,874 11,173,797 3,081,017 20
(2,855,180) 22,396,762 10,644,598 54,456
1,725 455,372 1,242 -
- (139,684) - -
1,725 315,688 1,242 -
(2,853,455) 22,712,450 10,645,840 54,456
10,337,912 90,493,046 41,053,354 1,284,516
- 500,000 - -
10,337,912 90,993,046 41,053,354 1,284,516
7,484,457$ 113,705,496 $ 51,699,194 $ 1,338,972$
Traffic
Mitigation
Al Johnson
Wildlife Area
Community
Facilities
Districts
Development
Impact
Capital Projects Funds
140

CITY OF ROSEVILLE
Combining Statement of Revenues,
Expenditures and Changes in Fund Balances
Nonmajor Governmental Funds
Year Ended June 30, 2023
Revenues:

Taxes
Subvention and grants
Charges for services
Use of money and property
Fines, forfeitures and penalties
Contributions from developers and others
Miscellaneous revenues
Revenue from others
Total Revenues
Expenditures:

Current:

General government
Police
Economic development
Parks and recreation
Public works
Development services
Housing assistance payments
Capital outlay
Debt service:

Principal retirement
Interest and fiscal charges
Total Expenditures
Excess (Deficiency) of Revenues
Over (Under) Expenditures
Other Financing Sources (Uses):

Transfers in
Transfers out
Total Other Financing Sources
(Uses)
Net Change in Fund Balances
Fund Balances, Beginning of Year
Restatements
Fund Balances, Beginning of Year, as restated
Fund Balances, End of Year
(CONTINUED)
Debt Service
Fund
-$ - $ - $ -$ 3,186,289 177,952 - -
- 192,717 - -
(27,273) 228,832 (22,942) (47,604)
----
----
- 858 - -
- - 1,363,815 -
3,159,016 600,359 1,340,873 (47,604)
----
----
----
- 870,835 - -
1,240,828 - - -
-- 9 7-
----
2,405,891 2,289,172 223,971 -
- - - 1,700,223
- - - 682,377
3,646,719 3,160,007 224,068 2,382,600
(487,703) (2,559,648) 1,116,805 (2,430,204)
1,747,634 702,232 - 2,377,664
(1,200,000) (973,660) (296,828) -
547,634 (271,428) (296,828) 2,377,664
59,931 (2,831,076) 819,977 (52,540)
1,781,816 4,851,442 3,212,164 (57,513)
- - (74,470) -
1,781,816 4,851,442 3,137,694 (57,513)
1,841,747$ 2,020,366 $ 3,957,671 $ (110,053)$ Roseville
Finance
Authority Roadway
General Fund
Capital
Projects
RFA Capital
Projects
Capital Projects Funds
141

CITY OF ROSEVILLE
Combining Statement of Revenues,
Expenditures and Changes in Fund Balances
Nonmajor Governmental Funds
Year Ended June 30, 2023
Revenues:

Taxes
Subvention and grants
Charges for services
Use of money and property
Fines, forfeitures and penalties
Contributions from developers and others
Miscellaneous revenues
Revenue from others
Total Revenues
Expenditures:

Current:

General government
Police
Economic development
Parks and recreation
Public works
Development services
Housing assistance payments
Capital outlay
Debt service:

Principal retirement
Interest and fiscal charges
Total Expenditures
Excess (Deficiency) of Revenues
Over (Under ) Expenditures
Other Financing Sources (Uses):

Transfers in
Transfers out
Total Other Financing Sources
(Uses)
Net Change in Fund Balances
Fund Balances, Beginning of Year
Restatements
Fund Balances, Beginning of Year, as restated
Fund Balances, End of Year
Permanent
Fund
Total
Governmental
Funds
-$ 18,310,186$
- 27,328,420
- 50,659,530
(526,588) (1,879,046)
-2 08,932
- 4,013,948
12,529 2,983,014
- 8,421,724
(514,059) 110,046,708
- 4,004,825
- 2,787,322
- 1,502,791
- 14,742,475
- 11,264,528
306,499 5,307,154
- 7,933,095
- 21,466,099
- 1,700,223
- 2,665,260
306,499 73,373,772
(820,558) 36,672,936
- 6,254,848
- (12,787,316)
- (6,532,468)
(820,558) 30,140,468
15,356,353 221,362,925
- (351,754)
15,356,353 221,011,171
14,535,795$ 251,151,639 $
Citizen
Benefit
142

CITY OF ROSEVILLE
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Landscape and Lighting Districts and Services District
Year Ended June 30, 2023
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Revenues:

Taxes 19,909,198$ 17,896,826 $ 18,310,186 $ 413,360 $
Use of money and property 168,356 168,356 (174,274) (342,630) Miscellaneous revenues - - 28,560 28,560
Total Revenues 20,077,554 18,065,182 18,164,472 99,290
Expenditures:

Current:

Operating services and supplies
Parks and recreation 9,612,474 10,053,121 8,103,809 1,949,312 Capital outlay - 707,000 331,125 375,875
Total Expenditures 9,612,474 10,760,121 8,434,934 2,325,187 Excess (Deficiency) of Revenues
Over (Under) Expenditures 10,465,080 7,305,061 9,729,538 2,424,477 Other Financing Sources (Uses):

Transfers in - 13,570 13,570 -
Transfers out (7,208,352) (7,754,251) (7,680,455) 73,796 Total Other Financing Sources (Uses) (7,208,352) (7,740,681) (7,66 6,885) 73,796 Net Change in Fund Balance 3,256,728$ (435,620)$ 2,062,653 2,498,273$ Fund Balance, July 1 15,288,346
Fund Balance, June 30 17,350,999$
143

CITY OF ROSEVILLE
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual State Gasoline Tax
Year Ended June 30, 2023
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Revenues:

Subventions and grants 4,290,867$ 4,290,867$ 5,892,577$ 1,601,710$ Use of money and property 138,192 138,192 (227,027) (365,219) Contributions from developers and others 3,347,966 3,347,966 3,370 ,703 22,737 Total Revenues 7,777,025 7,777,025 9,036,253 1,259,228
Expenditures:

Current:

Operating services and supplies
Public works 6,676,642 8,219,991 8,927,814 (707,823)
Capital outlay 12,484,327 12,484,327 105,709 12,378,618 Total Expenditures 19,160,969 20,704,318 9,033,523 11,670,795 Excess (Deficiency) of Revenues
Over (Under) Expenditures (11,383,944) (12,927,293) 2,730 12,930,023 Other Financing Sources (Uses):

Transfers in - 1,783 1,783 -
Total Other Financing Sources (Uses) - 1,783 1,783 -
Net Change in Fund Balance (11,383,944)$ (12,925,510)$ 4,513 12,930,023$ Fund Balance, July 1 14,351,500
Fund Balance, June 30 14,356,013$
144

CITY OF ROSEVILLE
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Traffic Safety
Year Ended June 30, 2023
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Revenues:

Use of money and property 9,150$ 9,150$ 2,193$ (6,957)$ Fines, forfeitures and penalties - 210,000 208,932 (1,068) Total Revenues 9,150 219,150 211,125 (8,025)
Expenditures:

Current:

Operating services and supplies
Police 55,989 177,143 176,776 367
Public works 200,000 200,000 98,421 101,579
Total Expenditures 255,989 377,143 275,197 101,946
Excess (Deficiency) of Revenues
Over (Under) Expenditures (246,839) (157,993) (64,072) 93,921 Other Financing Sources (Uses):

Transfers in - 85 85 -
Total Other Financing Sources (Uses) - 85 85 -
Net Change in Fund Balance (246,839)$ (157,908)$ (63,987) 93,921$ Fund Balance, July 1 736,562
Fund Balance, June 30 672,575$
145

CITY OF ROSEVILLE
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Trench Cut Recovery Fund
Year Ended June 30, 2023
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Revenues:

Licenses, permits and fees 500$ 500$ -$ (500)$ Use of money and property 1,815 1,815 (331) (2,146)
Total Revenues 2,315 2,315 (331) (2,646)
Expenditures:

Current:

Operating services and supplies
General government 4 4 - 4
Total Expenditures 4 4 - 4
Net Change in Fund Balance 2,311$ 2,311$ (331) (2,642)$ Fund Balance, July 1 152,553
Fund Balance, June 30 152,222$
146

CITY OF ROSEVILLE
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Technology Replacement
Year Ended June 30, 2023
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Revenues:

Charges for services 600,000$ 600,000$ 692,718$ 92,718$ Use of money and property 24,660 24,660 (19,100) (43,760) Total Revenues 624,660 624,660 673,618 48,958
Expenditures:

Current:

Operating services and supplies
Development services 657,109 657,109 267,836 389,273
Total Expenditures 657,109 657,109 267,836 389,273
Excess (Deficiency) of Revenues
Over (Under) Expenditures (32,449) (32,449) 405,782 438,231 Other Financing Sources (Uses):

Transfers in - 133 133 -
Total Other Financing Sources (Uses) - 133 133 -
Net Change in Fund Balance (32,449)$ (32,316)$ 405,915 438,231$ Fund Balance, July 1 2,743,236
Fund Balance, June 30 3,149,151$
147

CITY OF ROSEVILLE
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Open Space
Year Ended June 30, 2023
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Revenues:

Use of money and property 11,824$ 11,824$ 7,478$ (4,346)$ Miscellaneous revenues 11,661 11,661 11,661 -
Total Revenues 23,485 23,485 19,139 (4,346)
Expenditures:

Current:

Operating services and supplies
Parks and recreation 873,029 873,029 842,708 30,321
Total Expenditures 873,029 873,029 842,708 30,321
Excess (Deficiency) of Revenues
Over (Under) Expenditures (849,544) (849,544) (823,569) 25,975 Other Financing Sources (Uses):

Transfers in 678,829 679,563 679,563 -
Total Other Financing Sources (Uses) 678,829 679,563 679,563 - Net Change in Fund Balance (170,715)$ (169,981)$ (144,006) 25,975$ Fund Balance, July 1 890,896
Fund Balance, June 30 746,890$
148

CITY OF ROSEVILLE
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Tree Propagation
Year Ended June 30, 2023
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Revenues:

Charges for services 35,000$ 35,000$ 362,684$ 327,684$ Use of money and property 24,979 24,979 (15,813) (40,792) Total Revenues 59,979 59,979 346,871 286,892
Expenditures:

Current:

Operating services and supplies
Parks and recreation 350,625 361,786 210,081 151,705
Total Expenditures 350,625 361,786 210,081 151,705
Excess (Deficiency ) of Revenues
Over (Under) Expenditures (290,646) (301,807) 136,790 438,597 Other Financing Sources (Uses):

Transfers in - 105 105 -
Total Other Financing Sources (Uses) - 105 105 -
Net Change in Fund Balance (290,646)$ (301,702)$ 136,895 438,597$ Fund Balance, July 1 1,919,514
Fund Balance, June 30 2,056,409$
149

CITY OF ROSEVILLE
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Grants
Year Ended June 30, 2023
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Revenues:

Subventions and grants 11,574,865$ 18,490,544$ 8,702,238$ (9,788,306)$ Use of money and property 38,722 38,722 340,527 301,805 Miscellaneous revenues - - 3,221 3,221
Revenue from others 20,000 20,000 87,085 67,085
Total Revenues 11,633,587 18,549,266 9,133,071 (9,416,195) Expenditures:

Current:

Operating services and supplies
General government 1,753,305 2,229,763 1,387,846 841,917 Public safety 865,537 4,053,652 2,591,430 1,462,222
Community development - 264,000 264,000 -
Capital outlay 10,369,056 12,354,670 1,778,748 10,575,922 Total Expenditures 12,987,898 18,902,085 6,022,024 12,880,061 Excess (Deficiency ) of Revenues
Over (Under) Expenditures (1,354,311) (352,819) 3,111,047 3,463,866 Other Financing Sources (Uses):

Transfers in - 2,450 2,450 -
Transfers out (1,935,000) (1,935,000) (1,935,000) -
Total Other Financing Sources (Uses) (1,935,000) (1,932,550) (1,93 2,550) - Net Change in Fund Balance (3,289,311)$ (2,285,369)$ 1,178,497 3,463,866$ Fund Balance, July 1 3,186,710
Fund Balance, June 30 4,365,207$
150

CITY OF ROSEVILLE
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Housing Authority Housing Choice Voucher
Year Ended June 30, 2023
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Revenues:

Subventions and grants 7,598,546$ 7,598,546$ 8,784,587$ 1,186,041$ Use of money and property - - 1,305 1,305
Total Revenues 7,598,546 7,598,546 8,785,892 1,187,346
Expenditures:

Current:

Operating services and supplies
Community development 857,198 857,198 941,319 (84,121)
Development services 500 500 144 356
Housing assistance payments 6,817,796 6,817,796 7,933,095 (1,115,29 9) Capital outlay 24,667 - - -
Total Expenditures 7,700,161 7,675,494 8,874,558 (1,199,064) Net Change in Fund Balance (101,615)$ (76,948)$ (88,666) (11,718)$ Fund Balance, July 1 713,765
Fund Balance, June 30 625,099$
151

CITY OF ROSEVILLE
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Affordable Housing
Year Ended June 30, 2023
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Revenues:

Subventions and grants 450,000$ 450,000$ 449,845$ (155)$ Charges for services 1,000 1,000 5,986 4,986
Use of money and property 87,396 87,396 27,546 (59,850) Contributions from developers and others - - 1,800 1,800 Total Revenues 538,396 538,396 485,177 (53,219)
Expenditures:

Current:

Operating services and supplies
Economic development 264,376 3,080,721 1,498,570 1,582,151 Total Expenditures 264,376 3,080,721 1,498,570 1,582,151 Excess (Deficiency ) of Revenues
Over (Under) Expenditures 274,020 (2,542,325) (1,013,393) 1,528,932 Other Financing Sources (Uses):

Transfers in - 410 410 -
Total Other Financing Sources (Uses) - 410 410 -
Net Change in Fund Balance 274,020$ (2,541,915)$ (1,012,983) 1,528,932$ Fund Balance, July 1 6,435,438
Fund Balance, June 30 5,422,455$
152

CITY OF ROSEVILLE
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Low/Mod Income Housing Asset
Year Ended June 30, 2023
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Revenues:

Subventions and grants 123,000$ 123,000$ 134,932$ 11,932$ Charges for services 40,000 40,000 45,492 5,492
Use of money and property 21,339 21,339 96,958 75,619
Total Revenues 184,339 184,339 277,382 93,043
Expenditures:

Current:

Operating services and supplies
Community development 311,720 311,720 297,472 14,248
Total Expenditures 311,720 311,720 297,472 14,248
Excess (Deficiency ) of Revenues
Over (Under) Expenditures (127,381) (127,381) (20,090) 107,291 Other Financing Sources (Uses):

Transfers in - - 569 569
Total Other Financing Sources (Uses) - - 569 569
Net Change in Fund Balance (127,381)$ (127,381)$ (19,521) 107,860$ Fund Balance, July 1, as restated 5,337,401
Fund Balance, June 30 5,317,880$
153

CITY OF ROSEVILLE
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Cable TV Peg
Year Ended June 30, 2023
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Revenues:

Charges for services 270,000$ 270,000$ 361,530$ 91,530$ Use of money and property 20,985 20,985 (17,813) (38,798) Total Revenues 290,985 290,985 343,717 52,732
Expenditures:

Current:

Operating services and supplies
General government 165,998 165,998 71,605 94,393
Total Expenditures 165,998 165,998 71,605 94,393
Excess (Deficiency ) of Revenues
Over (Under) Expenditures 124,987 124,987 272,112 147,125 Other Financing Sources (Uses):

Transfers in - 91 91 -
Total Other Financing Sources (Uses) - 91 91 -
Net Change in Fund Balance 124,987$ 125,078$ 272,203 147,125$ Fund Balance, July 1 2,153,549
Fund Balance, June 30 2,425,752$
154

CITY OF ROSEVILLE
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Police Evidence
Year Ended June 30, 2023
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Revenues:

Use of money and property 3,825$ 3,825$ (2,319)$ (6,144)$ Miscellaneous revenues 40,000 40,000 46,114 6,114
Total Revenues 43,825 43,825 43,795 (30)
Expenditures:

Current:

Operating services and supplies
Police 23,009 23,009 19,116 3,893
Total Expenditures 23,009 23,009 19,116 3,893
Excess (Deficiency ) of Revenues
Over (Under) Expenditures 20,816 20,816 24,679 3,863
Net Change in Fund Balance 20,816$ 20,816$ 24,679 3,863$ Fund Balance, July 1 314,262
Fund Balance, June 30 338,941$
155

CITY OF ROSEVILLE
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Golf
Year Ended June 30, 2023
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Revenues:

Charges for services 2,640,000$ 2,640,000$ 2,741,356$ 101,356$ Use of money and property 8,275 8,275 13,155 4,880
Miscellaneous revenues - - 5,500 5,500
Total Revenues 2,648,275 2,648,275 2,760,011 111,736
Expenditures:

Current:

Operating services and supplies
Parks and recreation 3,646,633 3,854,602 2,730,055 1,124,547 Debt service:

Interest and fiscal charges - - 19,932 (19,932)
Total Expenditures 3,646,633 3,854,602 2,749,987 1,104,615 Excess (Deficiency ) of Revenues
Over (Under) Expenditures (998,358) (1,206,327) 10,024 1,216,351 Other Financing Sources (Uses):

Transfers in 617,058 617,058 270,220 (346,838)
Transfers out (610,110) (483,110) (483,110) -
Total Other Financing Sources (Uses) 6,948 133,948 (212,890) (346,838) Net Change in Fund Balance (991,410)$ (1,072,379)$ (202,866) 869,513$ Fund Balance (Deficit), July 1 (2,462,688)
Fund Balance (Deficit), June 30 (2,665,554)$
156

CITY OF ROSEVILLE
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Roseville Aquatics Complex Maintenance
Year Ended June 30, 2023
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Revenues:

Use of money and property 5,659$ 5,659$ (2,413)$ (8,072)$ Total Revenues 5,659 5,659 (2,413) (8,072)
Expenditures:

Current:

Operating services and supplies
Parks and recreation 100,250 100,250 66,560 33,690
Total Expenditures 100,250 100,250 66,560 33,690
Excess (Deficiency ) of Revenues
Over (Under) Expenditures (94,591) (94,591) (68,973) 25,618 Other Financing Sources (Uses):

Transfers out - (78,579) (78,579) -
Total Other Financing Sources (Uses) - (78,579) (78,579) - Net Change in Fund Balance (94,591)$ (173,170)$ (147,552) 25,618$ Fund Balance, July 1 511,507
Fund Balance, June 30 363,955$
157

CITY OF ROSEVILLE
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Roseville Finance Authority
Year Ended June 30, 2023
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Revenues:

Use of money and property -$ -$ (47,604)$ (47,604)$ Total Revenues - - (47,604) (47,604)
Expenditures:

Debt service:

Principal retirement 1,700,224 1,700,224 1,700,223 1
Interest and fiscal charges 681,440 681,440 682,377 (937) Total Expenditures 2,381,664 2,381,664 2,382,600 (936)
Excess (Deficiency ) of Revenues
Over (Under) Expenditures (2,381,664) (2,381,664) (2,430,204) (48,540) Other Financing Sources (Uses):

Transfers in 2,377,664 2,377,664 2,377,664 -
Total Other Financing Sources (Uses) 2,377,664 2,377,664 2,377,664 - Net Change in Fund Balance (4,000)$ (4,000)$ (52,540) (48,540)$ Fund Balance (Deficit), July 1 (57,513)
Fund Balance (Deficit), June 30 (110,053)$
158

CITY OF ROSEVILLE
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Citizen Benefit
Year Ended June 30, 2023
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Revenues:

Use of money and property 291,900$ 291,900$ (526,588)$ (818,488)$ Miscellaneous revenues 2,000 2,000 12,529 10,529
Total Revenues 293,900 293,900 (514,059) (807,959)
Expenditures:

Current:

Development and operations 273,988 287,497 306,499 (19,002) Total Expenditures 273,988 287,497 306,499 (19,002)
Excess (Deficiency ) of Revenues
Over (Under) Expenditures 19,912 6,403 (820,558) (826,961) Net Change in Fund Balance 19,912$ 6,403$ (820,558) (826,961)$ Fund Balance, July 1 15,356,353
Fund Balance, June 30 14,535,795$
159

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160


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CITY OF ROSEVILLE
Combining Statement of Net Position
Non-Major Enterprise Funds
June 30, 2023
Totals
Assets:

Current:

Cash and investments 15,437,271$ 1,581,025$ 17,018,296$ Receivables 1,286,856 422,996 1,709,852
Prepaid costs 5,971 14,730 20,701
Total Current Assets 16,730,098 2,018,751 18,748,849
Noncurrent:

Capital assets not being depreciated 18,271,695 727,621 18,999,316 Capital assets - net of accumulated depreciation 27,295,404 2,326 ,184 29,621,588 Total Noncurrent Assets 45,567,099 3,053,805 48,620,904 Total Assets 62,297,197 5,072,556 67,369,753
Deferred Outflows of Resources:

Deferred outflows related to OPEB 78,000 248,000 326,000 Deferred outflows related to pensions 1,014,354 2,500,482 3,514,83 6 Total Deferred Outflows of Resources 1,092,354 2,748,482 3,840,836 Liabilities:

Current:

Accounts payable 742,223 172,265 914,488
Accrued liabilities 48,061 178,144 226,205
Unearned revenues 13,640,437 - 13,640,437
Due to other funds -5 5 , 0 0 0 5 5 , 0 0 0
Accrued compensated absences 96,736 241,968 338,704
Child development reserves - 118 118
Total Current Liabilities 14,527,457 647,495 15,174,952 Noncurrent:

Advances from other funds - 2,055,000 2,055,000
Accrued compensated absences 142,076 39,052 181,128
Net OPEB liability 1,099,000 3,523,000 4,622,000
Net pension liability 3,494,641 8,614,640 12,109,281
Total Noncurrent Liabilities 4,735,717 14,231,692 18,967,409 Total Liabilities 19,263,174 14,879,187 34,142,361
Deferred Inflows of Resources:

Deferred inflows related to OPEB 362,000 1,162,000 1,524,000 Total Deferred Inflows of Resources 362,000 1,162,000 1,524,000 Net Position:

Net investment in capital assets 45,567,099 3,053,805 48,620,904 Unrestricted (1,802,722) (11,273 ,954) (13,076,676)
Total Net Position 43,764,377$ (8,220,149)$ 35,544,228$ Business-Type Activities - Enterprise Funds
Local
Transportation
School-Age
Child Care
162

CITY OF ROSEVILLE
Combining Statement of Revenues, Expenses
and Changes in Fund Net Position
Non-Major Enterprise Funds
Year Ended June 30, 2023
Totals
Operating Revenues:

Sales and service charges 386,541$ 5,560,150 $ 5,946,691 $ Miscellaneous 243,232 350,467 593,699
Total Operating Revenues 629,773 5,910,617 6,540,390
Operating Expenses:

Administration and general 1,077,520 710,407 1,787,927
Operations 7,265,592 6,541,559 13,807,151
Depreciation and amortization 1,741,039 115,588 1,856,627 Total Operating Expenses 10,084,151 7,367,554 17,451,705 Operating Income (Loss) (9,454,378) (1,456,937) (10,911,315) Nonoperating Revenues (Expenses):

Subventions and grants 14,178,984 883,709 15,062,693
Interest revenue (loss) 5,670 (73,064) (67,394)
Interest expense - (20,549) (20,549)
Gain (loss) on disposal of capital assets 23,886 - 23,886 Total Nonoperating
Revenues (Expenses) 14,208,540 790,096 14,998,636
Income (Loss) Before Transfers 4,754,162 (666,841) 4,087,321 Capital contributions from developers
and governmental activities 98,971 - 98,971
Transfers in 126,203 1,812,412 1,938,615
Changes in Net Position 4,979,336 1,145,571 6,124,907
Net Position:

Beginning of Year, as originally reported 38,668,639 (9,365,720) 2 9,302,919 Restatements 116,402 - 116,402
Beginning of Fiscal Year, as restated 38,785,041 (9,365,720) 29,41 9,321 End of Fiscal Year 43,764,377$ (8,220,149) $ 35,544,228 $ Business-Type Activities - Enterprise Funds
Local
Transportation
School-Age
Child Care
163

CITY OF ROSEVILLE
Combining Statement of Cash Flows
Non-Major Enterprise Funds
Year Ended June 30, 2023
Totals
Cash Flows from Operating Activities:

Cash received from customers and users 1,334,163$ 5,648,972 $ 6,983,135$ Cash paid to suppliers for goods and services (6,880,303) (1,912,326) (8,792,629) Cash paid to employees for services (1,895,721) (5,596,853) (7,492,574) Net Cash Provided (Used) by Operating Activities (7,441,861) (1,8 60,207) (9,302,068) Cash Flows from Non-Capital
Financing Activities:

Cash transfers in 126,203 1,812,412 1,938,615
Subventions and grants 14,178,984 883,709 15,062,693
Net Cash Provided (Used) by
Non-Capital Financing Activities 14,305,187 2,696,121 17,001,3 08 Cash Flows from Capital
and Related Financing Activities:

Capital contributions 98,971 - 98,971
Acquisition and construction of capital assets (6,398,473) (727,621) (7,126,094) Interest paid on capital debt - (20,549) (20,549)
Advance from other funds - 1,220,000 1,220,000
Proceeds from sales of capital assets 39,577 - 39,577
Net Cash Provided (Used) by
Capital and Related Financing Activities (6,259,925) 471,830 (5 ,788,095) Cash Flows from Investing Activities:

Fair market adjustment (317,120) (111,841) (428,961)
Interest received 322,790 38,777 361,567
Net Cash Provided (Used) by
Investing Activities 5,670 (73,064) (67,394)
Net Increase (Decrease) in Cash
and Cash Equivalents 609,071 1,234,680 1,843,751
Cash and Cash Equivalents at Beginning of Year 14,828,200 346,345 15,174,545 Cash and Cash Equivalents at End of Year 15,437,271$ 1,581,025$ 17,018,296$ Reconciliation of Operating Income to Net Cash
Provided (Used) by Operating Activities:

Operating income (loss) (9,454,378)$ (1,456,937) $ (10,911,315) $ Adjustments to Reconcile Operating Income (Loss)
Net Cash Provided (Used) by Operating Activities:

Depreciation and amortization 1,741,039 115,588 1,856,627 (Increase) decrease in receivables 3,540,845 (240,545) 3,300,300 (Increase) decrease in prepaid expense (5,971) (14,730) (20,701) Increase (decrease) in accounts payable 107,725 20,972 128,697 Increase (decrease) in accrued liabilities (7,600) 11,878 4,278 Increase (decrease) in unearned revenue (2,836,455) (21,100) (2,857,555) Increase (decrease) in net pension liability 986,275 3,434,741 4,421,016 Increase (decrease) in OPEB liability (12,000) (41,000) (53,000) Increase (decrease) in deferred pension related items (1,231,685) (2,949,282) (4,180,967) Increase (decrease) in deferred OPEB related items (233,000) (743,000) (976,000) Increase (decrease) in compensated absences (36,656) 23,208 (13,448) Total Adjustments 2,012,517 (403,270) 1,609,247
Net Cash Provided (Used) by
Operating Activities (7,441,861)$ (1,860,207) $ (9,302,068) $ Non-Cash Investing, Capital, and Financing Activities:

Gain/(Loss) on disposition of capital assets 23,886$ -$ 23,886$ Capital contributions 98,971 - 98,971
Business-Type Activities - Enterprise Funds
Local
Transportation
School-Age
Child Care
164


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CITY OF ROSEVILLE
Combining Statement of Net Position
Internal Service Funds
June 30, 202
3 Assets:

Current:

Cash and investments 47,930,494$ 7,155,187$ 9,140,517$ 4,565,604$ Receivables 2,622,787 96,759 7,580 9,126
Prepaid costs 2,594,584 4,051 8,785 -
Due from other funds 775,002 - - -
Inventories 1,394,896 1,113 - -
Total Current Assets 55,317,763 7,257,110 9,156,882 4,574,730 Noncurrent:

Advances to other funds 5,052,893 - - -
Capital assets not being depreciated 2,109,592
162,918 343,661 -
Capital assets - net of accumulated depreciation 18,640,085 94,387,740 6,895,979 1,872,613 Total Noncurrent Assets 25,802,570 94,550,658 7,239,640 1,872,613 Total Assets 81,120,333 101,807,768 16,396,522 6,447,343 Deferred Outflows of Resources:

Deferred OPEB related items 173,000 65,000 157,000 - Deferred pension related items 1,591,167 1,286,674 4,403,620 - Total Deferred Outflows of Resources 1,764,167 1,351,674 4,560,620 - Liabilities:

Current:

Accounts payable 1,113,795 305,988 245,170 886,976
Accrued liabilities 107,007
63,888 302,231 -
Due to other funds - - - -
Accrued compensated absences 246,536 178,236 630,125 - Accrued claims and judgments - - - -
Subscriptions 36,078 - 871,088 -
Total Current Liabilities 1,503,416 548,112 2,048,614 886,976 Noncurrent:

Accrued compensated absences 127,273 72,071 432,063 - Accrued claims and judgments -
- - -
Net OPEB liability 1,900,000 1,531,000 1,731,000 -
Net pension liability 5,481,871 4,432,830 15,171,307 - Subscriptions 125,488 - 2,355,698 -
Total Noncurrent Liabilities 7,634,632 6,035,901 19,690,068 - Total Liabilities 9,138,048 6,584,013 21,738,682 886,976 Deferred Inflows of Resources:

Deferred OPEB related items 747,000 376,000 679,000 - Total Deferred Inflows of Resources 747,000 376,000 679,000 - Net Position:

Investment in capital assets 20,588,111 94,550,658 4,012,854 1,872,613 Unrestricted 52,411,341 1,648,771 (5,473,394) 3,687,754 Total Net Position 72,999,45
2$ 96,199,429$ (1,460,540)$ 5,560,367$ Governmental Activities - Internal Service Funds
Fleet Facilities
Information
Technology
General Equipment
Replacement
166

CITY OF ROSEVILLE
Combining Statement of Net Position
Internal Service Funds
June 30, 202
3 Assets:

Current:

Cash and investments
Receivables
Prepaid costs
Due from other funds
Inventories
Total Current Asset
s
Noncurrent:

Advances to other funds
Capital assets not being depreciated
Capital assets - net of accumulated depreciation
Total Noncurrent Asset
s
Total Assets
Deferred Outflows of Resources:

Deferred OPEB related items
Deferred pension related items
Total Deferred Outflows of Resources
Liabilities:

Current:

Accounts payable
Accrued liabilities
Due to other funds
Accrued compensated absences
Accrued claims and judgments
Subscriptions
Total Current Liabilitie
s
Noncurrent:

Accrued compensated absences
Accrued claims and judgments
Net OPEB liability
Net pension liability
Subscriptions
Total Noncurrent Liabilitie
s
Total Liabilities
Deferred Inflows of Resources:

Deferred OPEB related items
Total Deferred Inflows of Resources
Net Position:

Investment in capital assets
Unrestricted
Total Net Position
Totals
8,008,267$ - $ 1,384,746$ 1,270,702$ 79,455,517$ 44,424 156,066 5,105 5,732 2,947,579
- - - - 2,607,420
- - - - 775,002
- - - - 1,396,009
8,052,691 156,066 1,389,851 1,276,434 87,181,527
- - - - 5,052,893
- - - - 2,616,171
- - - - 121,796,417
- - - - 129,465,481
8,052,691 156,066 1,389,851 1,276,434 216,647,008
- - - - 395,000
183,521 172,871 - - 7,637,853
183,521 172,871 - - 8,032,853
9,400 130,778 - 142,983
2,835,090
18,471 6,598 - - 498,195
- 86,337 - - 86,337
35,547 21,941 - - 1,112,385
3,201,794 1,671,675 - - 4,873,469
- - - - 907,166
3,265,212 1,917,329 - 142,983 10,312,642
22,294 8,963 - - 662,664
7,470,852 3,104,540 - - 10,575,392
- - - - 5,162,000
632,265 595,572 - - 26,313,845
- - - - 2,481,186
8,125,411 3,709,075 - - 45,195,087
11,390,623 5,626,404 - 142,983 55,507,729
- - - - 1,802,000
- - - - 1,802,000
- - - -
121,024,236
(3,154,411) (5,297,467) 1,389,851 1,133,451 46,345,896 (3,154,411)$ (5,297,467)$ 1,389,851$ 1,133,451$ 167,370,132$ General Benefits
Governmental Activities - Internal Service Funds
Worker's
Compensation General Liability
Unemployment
Reserve
167

CITY OF ROSEVILLE
Combining Statement of Revenues, Expenses
and Changes in Net Position
Internal Service Funds
Year Ended June 30, 2023
Operating Revenues:

Sales and service charges 19,128,971$ 8,626,142 $ 15,7 95,020$ 226,688 $ Miscellaneous 522,517 4,075 - -
Total Operating Revenues 19,651,488 8,630,217 15,795,020 226,688 Operating Expenses:

Administration and general 3,453 - - -
Depreciation and amortization 4,688,608 4,257,078 2,896,355 280,737 Operations 10,513,470 7,382,656 12,073,463 19,779
Claims expense ----
Total Operating Expenses 15,205,531 11,639,734 14,969,818 300,516 Operating Income (Loss) 4,445,957 (3,009,517) 825,202 (73,828) Nonoperating Revenues (Expenses):

Interest revenue (loss) (747,626) (28,643) (110,854) 63,068 Interest expense (3,606) - (83,418) -
Total Nonoperating
Revenues (Expenses) (751,232) (28,643) (194,272) 63,068 Income (Loss) Before Transfers 3,694,725 (3,038,160) 630,930 (10,760) Transfers in 11,765,700 18,258 26,359 -
Changes in Net Position 15,460,425 (3,019,902) 657,289 (10,760) Net Position:

Beginning of Year 57,539,027 99,219,331 (2,117,829) 5,571,127 End of Fiscal Year 72,999,452$ 96,1 99,429$ (1,460,540) $ 5,560,367 $ Fleet Facilities
Information
Technology
General Equipment
Replacement
Governmental Activities - Internal Service Funds
168

CITY OF ROSEVILLE
Combining Statement of Revenues, Expenses
and Changes in Net Position
Internal Service Funds
Year Ended June 30, 2023
Operating Revenues:

Sales and service charges
Miscellaneous
Total Operating Revenues
Operating Expenses:

Administration and general
Depreciation and amortization
Operations
Claims expense
Total Operating Expenses
Operating Income (Loss)
Nonoperating Revenues (Expenses):

Interest revenue (loss)
Interest expense
Total Nonoperating
Revenues (Expenses)
Income (Loss) Before Transfers
Transfers in
Changes in Net Position
Net Position:

Beginning of Year
End of Fiscal Year
Totals
6,062,316$ 4,382,950 $ 369,168 $ 2,132,909$ 56,724,164$ 340,459 138,943 - - 1,005,994
6,402,775 4,521,893 369,168 2,132,909 57,730,158
- - 5,865 - 9,318
---- 12,122,778
2,028,794 4,942,056 100,139 300,992 37,361,349
5,318,175 2,926,399 - 1,782,340 10,026,914
7,346,969 7,868,455 106,004 2,083,332 59,520,359
(944,194) (3,346,562) 263,164 49,577 (1,790,201)
(38,833) 8,719 (5,090) (31,030) (890,289)
- - - - (87,024)
(38,833) 8,719 (5,090) (31,030) (977,313)
(983,027) (3,337,843) 258,074 18,547 (2,767,514)
- - 221 1,715 11,812,253
(983,027) (3,337,843) 258,295 20,262 9,044,739
(2,171,384) (1,959,624) 1,131,556 1,113,189 158,325,393 (3,154,411)$ (5,297,467) $ 1,389,851 $ 1,133,451 $ 167,3 70,132$ Worker's
Compensation General Liability
Unemployment
Reserve General Benefits
Governmental Activities - Internal Service Funds
169

CITY OF ROSEVILLE
Combining Statement of Cash Flows
Internal Service Funds
Year Ended June 30, 2023
Cash Flows from Operating Activities:

Cash received from customers and users 19,619,513$ 8,675,740 $ 15, 792,802$ 221,484$ Cash paid to suppliers for goods and services (5,639,947) (3,985,803) (5,541,371) 816,965 Cash paid to employees for services (4,160,010) (3,517,012) (5,713,994) - Claims paid --- -
Net Cash Provided (Used) by Operating Activities 9,819,556 1,172, 925 4,537,437 1,038,449 Cash Flows from Non-Capital
Financing Activities:

Cash transfers in 11,765,700 18,258 26,359 -
Increase (decrease) in due to other funds (16,224) - - - Repayments on advance to other funds (493,716) - - -
Net Cash Provided (Used) by
Non-Capital Financing Activities 11,255,760 18,258 26,359 - Cash Flows from Capital
and Related Financing Activities:

Acquisition and construction of capital assets (6,216,520) (99,166) (1,998,210) (1,162,649) Interest paid on capital debt (3,606) - (83,418) -
Proceeds from sale of capital assets (9,030) - - -
Net Cash Provided (Used) by
Capital and Related Financing Activities (6,229,156) (99,166) ( 2,081,628) (1,162,649) Cash Flows from Investing Activities:

Fair market adjustment (1,767,857) (200,829) (319,472) (75,164) Interest received 1,020,231 172,186 208,512 138,232
Net Cash Provided (Used) by
Investing Activities (747,626) (28,643) (110,960) 63,068 Net Increase (Decrease) in Cash
and Cash Equivalents 14,098,534 1,063,374 2,371,208 (61,132) Cash and Cash Equivalents at Beginning of Year 33,831,960 6,091,813 6,769,309 4,626,736 Cash and Cash Equivalents at End of Year 47,930,494$ 7,155,187$ 9,140,517$ 4,565,604$ Reconciliation of Operating Income to Net Cash
Provided (Used) by Operating Activities:

Operating income (loss) 4,445,957$ (3,009,517) $ 825,202 $ (73,828)$ Adjustments to Reconcile Operating Income (Loss)
Net Cash Provided (Used) by Operating Activities:

Depreciation and amortization 4,688,608 4,257,078 2,896,355 280,737 (Increase) decrease in receivables (31,975) 45,523 (2,218) (5,204) (Increase) decrease in inventory (69,369) (699) - -
(Increase) decrease in prepaid expense (13,341) (4,051) 30,290 - Increase (decrease) in accounts payable 821,965 (159,301) 80,467 836,744 Increase (decrease) in accrued liabilities 9,809 17,974 199,842 - Increase (decrease) in claims and judgments --- -
Increase (decrease) in net pension liability 2,274,734 1,907,409 5,931,406 - Increase (decrease) in net OPEB liability (100,000) 24,000 (102,000) - (Increase) decrease in deferred pension related items (1,869,041) (1,505,481) (5,204,190) - (Increase) decrease in deferred OPEB related items (356,000) (389,000) (331,000) - Increase (decrease) in compensated absences 18,209 (11,010) 213,283 - Total Adjustments 5,373,599 4,182,442 3,712,235 1,112,277 Net Cash Provided (Used) by
Operating Activities 9,819,556$ 1,172,925 $ 4,537,437 $ 1,038,449$ Governmental Activities - Internal Service Funds
Fleet Facilities
Information
Technology
General Equipment
Replacement
170

CITY OF ROSEVILLE
Combining Statement of Cash Flows
Internal Service Funds
Year Ended June 30, 2023
Cash Flows from Operating Activities:

Cash received from customers and users
Cash paid to suppliers for goods and services
Cash paid to employees for services
Claims paid
Net Cash Provided (Used) by Operating Activities
Cash Flows from Non-Capital
Financing Activities:

Cash transfers in
Increase (decrease) in due to other funds
Repayments on advance to other funds
Net Cash Provided (Used) by
Non-Capital Financing Activities
Cash Flows from Capital
and Related Financing Activities:

Acquisition and construction of capital assets
Interest paid on capital debt
Proceeds from sale of capital assets
Net Cash Provided (Used) by
Capital and Related Financing Activities
Cash Flows from Investing Activities:

Fair market adjustment
Interest received
Net Cash Provided (Used) by
Investing Activities
Net Increase (Decrease) in Cash
and Cash Equivalents
Cash and Cash Equivalents at Beginning of Year
Cash and Cash Equivalents at End of Year
Reconciliation of Operating Income to Net Cash
Provided (Used) by Operating Activities:

Operating income (loss)
Adjustments to Reconcile Operating Income (Loss)
Net Cash Provided (Used) by Operating Activities:

Depreciation and amortization
(Increase) decrease in receivables
(Increase) decrease in inventory
(Increase) decrease in prepaid expense
Increase (decrease) in accounts payable
Increase (decrease) in accrued liabilities
Increase (decrease) in claims and judgments
Increase (decrease) in net pension liability
Increase (decrease) in net OPEB liability
(Increase) decrease in deferred pension related items
(Increase) decrease in deferred OPEB related items
Increase (decrease) in compensated absences
Total Adjustments
Net Cash Provided (Used) by
Operating Activities
Totals
6,402,629$ 4,386,846 $ 368,429 $ 2,140,461 $ 57,607,904$ (1,098,931) (2,546,416) (156,665) (322,413) (18,474,581) (461,791) (466,388) - - (14,319,195)
(5,318,175) (2,926,399) - (1,782,340) (10,026,914)
(476,268) (1,552,357) 211,764 35,708 14,787,214
- - 221 1,715 11,812,253
-8 6,337 - - 70,113
---- (493,716)
- 86,337 221 1,715 11,388,650
---- (9,476,545)
---- (87,024)
---- (9,030)
- - - - (9,572,599)
(89,984) 8,719 (37,184) (31,030) (2,512,801)
51,151 - 32,094 - 1,622,406
(38,833) 8,719 (5,090) (31,030) (890,395)
(515,101) (1,457,301) 206,895 6,393 15,712,870
8,523,368 1,457,301 1,177,851 1,264,309 63,742,647
8,008,267$ - $ 1, 384,746$ 1,270,702 $ 79,455,517 $ (944,194)$ (3,3 46,562)$ 263,164 $ 49,577 $ (1,7 90,201)$ ---- 12,122,778
(146) (135,047) (739) 7,552 (122,254)
---- (70,068)
---- 12,898
8,346 47,957 (50,661) (21,421) 1,564,096
339 (11,013) - - 216,951
451,661 1,888,829 - - 2,340,490
201,309 206,901 - - 10,521,759
---- (178,000)
(220,861) (206,547) - - (9,006,120)
---- (1,076,000)
27,278 3,125 - - 250,885
467,926 1,794,205 (51,400) (13,869) 16,577,415
(476,268)$ (1,5 52,357)$ 211,764 $ 35,708 $ 14, 787,214$ Worker's
Compensation General Liability
Unemployment
Reserve General Benefits
Governmental Activities - Internal Service Funds
171

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172


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CITY OF ROSEVILLE
Combining Statement of Fiduciary Net Position
Private - Purpose Trust Funds
June 30, 2023
Assets:

Cash and investments in City Treasury 1,744,562$ 4,547,498$ 6,292,060$ Receivables:

Accounts 5,372 118,160 123,532
Restricted assets:

Cash and investments with fiscal agents - 52,668 52,668 Total Assets 1,749,934 4,718,326 6,468,260
Liabilities:

Accounts payable 34 - 34
Accrued liabilities -7 44,748 744,748
Due to Beneficiaries - 39,127,978 39,127,978
Total Liabilities 34 39,872,726 39,872,760
Net Position (Deficit):
1,749,900 (35,154,400) (33,404,500)
Total Net Position (Deficit) 1,749,900$ (35,154,400)$ (33,404,500)$ Total
Held in trust for private purposes, organizations and other governments
Endowment
Private-Purpose
Trust
Successor Agency
to the
Redevelopment
Agency Private-
Purpose Trust
174

CITY OF ROSEVILLE
Statement of Changes in Fiduciary Net Position
Private - Purpose Trust Funds
June 30, 2023
Additions:

Property taxes, net of pass through payments -$ 1,767,537$ 1,767,537$ Investment income (expense) (10,405) 31,581 21,176
Total Additions (10,405) 1,799,118 1,788,713
Deductions:

Administrative expenses -7 ,882 7,882
Contractual services 12,132 118,992 131,124
Interest and fiscal charges -8 86,305 886,305
Contributions to other governments -- -
Total Deductions 12,132 1,013,179 1,025,311
Changes in Net Position (22,537) 785,939 763,402
Net Position - Beginning of the Year 1,772,437 (36,717,621) (34,945,184) Restatements -7 77,282 777,282
Net Position - Beginning of the Year, as Restated 1,772,437 (35,940,339) (34,167,902) Net Position - End of the Year 1,749,900$ (35,154,400)$ (33,404,500)$ Endowment
Private-Purpose
Trust
Successor Agency
to the
Redevelopment
Agency Private-
Purpose Trust Total
175


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CITY OF ROSEVILLE
Combining Statement of Fiduciary Net Position
Custodial Funds
June 30, 2023
Assets:

Cash and investments in City Treasury 26,180,344$ 3,301 $ 1,338 $ 81,228$ Receivables:

Accounts 1,450,179 1 - 77,701
Restricted assets:

Cash and investments 34,331,724 - - -
Cash and investments with fiscal agents 317,748 - - -
Total Assets 62,279,995 3,302 1,338 158,929
Liabilities:

Accounts payable 35,601 5 2 108,650
Accrued liabilities --- -
Unearned revenues 48,830 - - -
Deposits payable --- -
Due to Beneficiaries 61,444,543 - - 50,279
Total Liabilities 61,528,974 5 2 158,929
Net Position (Deficit):

Restricted for:
751,021 3,297 1,336 -
Total Net Position (Deficit) 751,021$ 3,297$ 1,336$ -$ Held in trust for private purposes, organizations and other governments Special
Assessments/Commu
nity Services
Districts (CSDs)
North Roseville -
Rocklin Sewer
Refunding District
Foothills Boulevard
Extension
Assessment
Highway 65 JPA (Bizz
Johnson JPA)
178

CITY OF ROSEVILLE
Combining Statement of Fiduciary Net Position
Custodial Funds
June 30, 2023
Assets:

Cash and investments in City Treasury
Receivables:

Accounts
Restricted assets:

Cash and investments
Cash and investments with fiscal agents
Total Assets
Liabilities:

Accounts payable
Accrued liabilities
Unearned revenues
Deposits payable
Due to Beneficiaries
Total Liabilities
Net Position (Deficit):

Restricted for:

Total Net Position (Deficit)
Held in trust for private purposes, organizations and other governments (CONTINUED)
44,782$ 1,395,238 $ 162,245,263 $ 191,032$ 74 403 5,068,066 802
- - 44,632,027 -
- - 1,044 -
44,856 1,395,641 211,946,400 191,834
47,488 1,507,497 1,195,730 -
- - 1,718,027 -
--- -
--- 148,859
903 37,275 209,032,643 -
48,391 1,544,772 211,946,400 148,859
(3,535) (149,131) - 42,975
(3,535)$ (149,131) $ - $ 42,975$ Dry Creek Drainage
Basin
County Capital
Facilities
South Placer
Wastewater Authority
(SPWA)
Special Sewer
Benefit Areas
179

CITY OF ROSEVILLE
Combining Statement of Fiduciary Net Position
Custodial Funds
June 30, 2023
Assets:

Cash and investments in City Treasury
Receivables:

Accounts
Restricted assets:

Cash and investments
Cash and investments with fiscal agents
Total Assets
Liabilities:

Accounts payable
Accrued liabilities
Unearned revenues
Deposits payable
Due to Beneficiaries
Total Liabilities
Net Position (Deficit):

Restricted for:

Total Net Position (Deficit)
Held in trust for private purposes, organizations and other governments 24,707$ 1,849,691$ 91,380 $ 65,132$ 1,090,503 13,593,106 26,559 23
532,476 - - -
134 - - -
1,647,820 15,442,797 117,939 65,155
583,838 1,985,379 - -
--- -
--- -
--- -
1,063,982 13,099 123,238 68,925
1,647,820 1,998,478 123,238 68,925
- 13,444,319 (5,299) (3,770)
-$ 13,444,319$ (5,299) $ (3,770) $ South Placer County
Tourism Business
Improvement District
(SPCTBID)
External Traffic
Mitigation Fees
Placer County Air
Pollution Control
Fund
Sierra College
Boulevard Fund
180

CITY OF ROSEVILLE
Combining Statement of Fiduciary Net Position
Custodial Funds
June 30, 2023
Assets:

Cash and investments in City Treasury
Receivables:

Accounts
Restricted assets:

Cash and investments
Cash and investments with fiscal agents
Total Assets
Liabilities:

Accounts payable
Accrued liabilities
Unearned revenues
Deposits payable
Due to Beneficiaries
Total Liabilities
Net Position (Deficit):

Restricted for:

Total Net Position (Deficit)
Held in trust for private purposes, organizations and other governments Totals
12,787$ 258,157$ 192,444,380$
3 3,091 21,310,511
- - 79,496,227
-- 318,926
12,790 261,248 293,570,044
19 67,278 5,531,487
-- 1,718,027
-- 48,830
- 134,906 283,765
-- 271,834,887
19 202,184 279,416,996
12,771 59,064 14,153,048
12,771$ 59,064$ 14,153,048$
Special Assessment
Collection Fees
Developer
Reimbursements
181

CITY OF ROSEVILLE
Combining Statement of Changes in Fiduciary Net Position Custodial Funds
June 30, 2023
Additions:

Property taxes, net of pass through payments 38,204,111$ - $ - $ -$ Intergovernmental --- -
Investment income (expense) 494,263 (5) (2) 3,003
Contributions from City 56,167 - - -
Contributions from members --- -
Miscellaneous 6,270,372 - - 9,223
Total Additions 45,024,913 (5) (2) 12,226
Deductions:

Administrative expenses 1,078,836 - - 12,226
Contractual services --- -
Due to beneficiaries 43,755,882 - - -
Total Deductions 44,834,718 - - 12,226
Changes in Net Position 190,195 (5) (2) -
Net Position - Beginning of the Year (390,829,464) 3,302 1,338 (6,602,508) Restatements 391,390,290 - - 6,602,508
Net Position - Beginning of the Year, as Restated 560,826 3,302 1,338 - Net Position - End of the Year 751,021$ 3,297$ 1,336$ -$ Special
Assessments/Commu
nity Services
Districts (CSDs)
North Roseville -
Rocklin Sewer
Refunding District
Foothills Boulevard
Extension
Assessment
Highway 65 JPA (Bizz
Johnson JPA)
182

CITY OF ROSEVILLE
Combining Statement of Changes in Fiduciary Net Position Custodial Funds
June 30, 2023
Additions:

Property taxes, net of pass through payments
Intergovernmental
Investment income (expense)
Contributions from City
Contributions from members
Miscellaneous
Total Additions
Deductions:

Administrative expenses
Contractual services
Due to beneficiaries
Total Deductions
Changes in Net Position
Net Position - Beginning of the Year
Restatements
Net Position - Beginning of the Year, as Restated
Net Position - End of the Year
(CONTINUED)
-$ - $ - $ -$ - - 523,016 -
(1,803) (11,063) 3,340,219 (511)
--- -
- - 28,654,612 -
- 4,776,995 - -
(1,803) 4,765,932 32,517,847 (511)
--- -
--- -
903 4,817,445 32,517,847 -
903 4,817,445 32,517,847 -
(2,706) (51,513) - (511)
(829) (97,618) (20,027,994) 43,486
- - 20,027,994 -
(829) (97,618) - 43,486
(3,535)$ (149,131) $ - $ 42,975$ Special Sewer
Benefit Areas
Dry Creek Drainage
Basin
County Capital
Facilities
South Placer
Wastewater Authority
(SPWA)
183

CITY OF ROSEVILLE
Combining Statement of Changes in Fiduciary Net Position Custodial Funds
June 30, 2023
Additions:

Property taxes, net of pass through payments
Intergovernmental
Investment income (expense)
Contributions from City
Contributions from members
Miscellaneous
Total Additions
Deductions:

Administrative expenses
Contractual services
Due to beneficiaries
Total Deductions
Changes in Net Position
Net Position - Beginning of the Year
Restatements
Net Position - Beginning of the Year, as Restated
Net Position - End of the Year
4,357,486$ -$ - $ -$ --- -
2,373 22 (8,768) (3,566)
--- -
--- -
332 - 8,539,210 162,797
4,360,191 22 8,530,442 159,231
1,300 - - -
--- -
4,358,891 22 5,890,880 162,797
4,360,191 22 5,890,880 162,797
- - 2,639,562 (3,566)
(30,150,372) - 8,552,711 (1,733)
30,150,372 - 2,252,046 -
- - 10,804,757 (1,733)
-$ - $ 13,444,319$ (5,299) $ South Placer County
Safe Kids Coalition
External Traffic
Mitigation Fees
Placer County Air
Pollution Control
Fund
South Placer County
Tourism Business
Improvement District
(SPCTBID)
184

CITY OF ROSEVILLE
Combining Statement of Changes in Fiduciary Net Position Custodial Funds
June 30, 2023
Additions:

Property taxes, net of pass through payments
Intergovernmental
Investment income (expense)
Contributions from City
Contributions from members
Miscellaneous
Total Additions
Deductions:

Administrative expenses
Contractual services
Due to beneficiaries
Total Deductions
Changes in Net Position
Net Position - Beginning of the Year
Restatements
Net Position - Beginning of the Year, as Restated
Net Position - End of the Year
-$ - $ - $ 42,561,597$ --- 523,016
(2,788) (28) 55,420 3,866,766
--- 56,167
--- 28,654,612
91,050 - - 19,849,979
88,262 (28) 55,420 95,512,137
--- 1,092,362
--- -
91,050 - - 91,595,717
91,050 - - 92,688,079
(2,788) (28) 55,420 2,824,058
(982) 12,799 3,644 (439,094,220)
--- 450,423,210
(982) 12,799 3,644 11,328,990
(3,770)$ 12,771 $ 59,064 $ 14,153,048$ Sierra College
Boulevard Fund
Special Assessment
Collection Fees
Developer
Reimbursements Totals
185

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186


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187

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2014 2015 (a) 2016 2017 2018 (b) 2019 2020 2021 2022 2023 Governmental activities
Net investment in capital assets $828,800,273 $844,036,089 $874,96 7,712 $963,416,426 $930,356,095 $938,614,328 $1,013,822,662 $1,052,418,279 $1,117,069,795 $1,173,204,066 Restricted 123,592,373 139,686,598 171,581,599 128,500,453 130,786,9 12 155,247,564 166,271,014 248,827,815 270,592,148 305,246,667 Unrestricted 75,908,251 (94,115,158) (93,575,847) (42,897,806) (125,570,328) (101,759,015) (132,007,818) (101,767,672) (81,202,973) (41, 882,994) Total governmental activities net position $1,028,300,897 $889,607,529 $952,973,464 $1,049,019,073 $935,572,679 $992,102,877 $1,048,085,858 $1,199,478,422 $1,306,458,970 $1,436,567,739 Business-type activities
Net investment in capital assets $1,084,782,351 $1,137,488,311 1,1 56,762,308 1,164,442,267 1,174,477,350 1,231,485,112 1,350,027,938 1,630,310,774 1,715,883,382 1,780,454,523 Restricted 31,557,118 33,974,831 33,300,330 35,568,403 48,717,018 45, 469,335 53,658,787 39,344,197 42,455,904 28,392,219 Unrestricted 270,348,547 214,253,723 255,100,345 298,014,583 294,622 ,023 345,923,257 333,608,421 260,050,162 298,513,226 355,806,758 Total business-type activities net position $1,386,688,016 $1,385,716,865 $1,445,162,983 $1,498,025,253 $1,517,816,391 $1,622,877,704 $1,737,295,146 $1,929,705,133 $2,056,852,512 $2,164,653,500 Primary government
Net investment in capital assets $1,913,582,624 $1,981,524,400 $2, 031,730,020 $2,127,858,693 $2,104,833,445 $2,170,099,440 $2,363,850,600 $2,682,729,053 $2,832,953,177 $2,953,658,589 Restricted 155,149,491 173,661,429 204,881,929 164,068,856 179,503,930 200,716,899 219,929,801 288,172,012 313,048,052 333,638,886 Unrestricted 346,256,798 120,138,565 161,524,498 255,116,777 169,051,695 244,164,242 201,600,603 158,282,490 217,310,253 313,923,764 Total primary government net position $2,414,988,913 $2,275,324,3 94 $2,398,136,447 $2,547,044,326 $2,453,389,070 $2,614,980,581 $2,785,381,004 $3,129,183,555 $3,363,311,482 $3,601,221,239 (a) The City implemented the provisions of GASB Statements 68 and 71 in fiscal year 2015; the statistics prior to 2015 have not been restated. (b) The City implemented the provisions of GASB Statements 75 in fiscal year 2018 and restated certain balances.

CITY OF ROSEVILLE

NET POSITION BY COMPONENT
Last Ten Fiscal Years
(accrual basis of accounting)
Fiscal Year Ended June 30,
$-
$500,000,000
$1,000,000,000
$1,500,000,000
$2,000,000,000
$2,500,000,000
$3,000,000,000
2014 2015 (c) 2016 2017 2018 (d) 2019 2020 2021 2022 2023 Net investment in capital assets Restricted Unrestricted Source: City of Roseville's Annual Comprehensive Financial Report 191
2014 2015 (a) 2016 2017 2018 (b)(c) 2019 (e) 2020 (e) 2021 (d)(e) 2022 2023 Expenses
Governmental Activities:

General Government 42,359,074$ 33,259,988$ 24,156,228$ 23,477,949$ 19,793,110$ 16,000,782$ 20,144,744$ 18,900,319$ 34,983,617$ 23,810,221$ Police 34,443,258 33,815,163 34,215,809 27,989,234 46,653,023 51,686,063 47,310,738 50,161,215 45,040,064 43,642,767 Fire 28,183,501 28,710,164 28,336,652 21,870,763 38,336,994 42,893,789 36,861,715 36,101,836 34,771,572 35,525,544 Economic Development (e) - - - - - - - 4,177,122 463,922 3,423,411 Parks and recreation 13,939,153 21,676,006 21,289,788 19,273,481 28,848,599 29,543,138 31,791,977 34,984,176 28,571,207 35,787,755 Public Works 26,482,643 17,191,405 12,786,495 15,499,737 21,316,464 10,732,197 17,390,714 3,801,296 25,624,477 20,625,416 Library 4,634,502 4,728,411 4,675,146 3,356,937 5,888,252 6,095,245 4,756,588 5,960,578 5,400,847 4,406,653 Development and Operations (e) 14,194,087 20,677,108 21,661,632 22,387,337 25,227,066 28,999,967 57,985,840 - - - Development Services (e) - - - - - - - 32,782,151 36,471,718 22,960,927 Annexation Payments (e) - - - - - - - 7,494,258 9,257,913 10,109,686 Housing assistance payments 3,858,070 4,046,250 4,077,451 4,216,417 4,248,895 4,673,530 7,386,919 5,706,057 6,908,949 7,933,095 Interest on long-term debt 740,975 543,336 1,170,785 4,285,329 4,798,427 1,304,195 1,484,120 1,549,203 3,092,019 2,706,949 Total Governmental Activities Expenses 168,835,263 164,647,831 152,369,986 142,357,184 195,110,830 191,928,906 225,113,355 201,618,211 230,586,305 210,932,424 Business-Type Activities:

Electric 144,616,552 139,307,833 141,831,457 150,984,130 149,337,786 d 140,049,539 139,578,420 154,771,931 147,513,838 176,493,665 Water 25,300,949 25,123,587 26,723,627 30,074,999 32,296,706 31,518,663 37,477,974 39,906,556 33,413,271 39,477,032 Wastewater 36,129,357 34,558,191 34,569,588 40,370,531 45,984,028 57,655,228 45,807,920 74,288,202 75,201,547 66,361,019 Solid Waste 16,113,470 17,028,218 17,778,385 18,307,460 22,628,907 24,131,176 26,489,550 25,082,857 27,344,263 34,853,055 Natural Gas 25,984,715 25,574,327 25,179,279 24,685,497 24,217,677 23,711,730 23,226,521 22,649,501 22,061,056 32,960,032 Golf Course 2,501,897 2,598,524 2,502,782 2,466,928 - - - - - - Local Transportation 7,482,689 8,918,391 7,985,912 8,195,699 9,895,357 10,441,459 10,790,475 9,544,110 11,588,006 10,084,151 School-age Child Care 4,496,871 3,664,376 5,251,976 5,794,022 7,866,178 7,027,545 9,732,622 5,965,804 4,176,380 7,388,103 Total Business-Type Activities Expenses 262,626,500 256,773,447 261,823,006 280,879,266 292,226,639 294,535,340 293,103,482 332,208,96 1 321,298,361 367,617,057 Total Primary Government Expenses 431,461,763$ 421,421,278$ 414,192,992$ 423,236,450$ 487,337,469$ 486,464,246$ 518,216,837$ 533,827,172$ 551,884,666$ 578,549,481$ Program Revenues
Governmental Activities:

Charges for Services:

General Government 2,519,443 $ 4,151,967 $ 4,097,453 $ 5,153,373 $ 5, 688,733$ 4,426,702 $ 4,405,118 $ 8, 023,303$ 8,990,775 $ 10,714,525$ Police 1,541,641 1,384,407 1,354,837 1,322,994 1,473,504 1,535,265 1,020,556 2,836,860 5,129,861 5,272,051 Fire 1,326,015 1,525,539 1,704,523 2,377,309 2,138,165 2,619,760 1,271,615 933,148 1,082,341 984,538 Economic Development (e) - - - - - - - 35,903 27,956 16,855 Parks and recreation 11,391,414 13,361,020 13,093,192 14,657,957 17,469,661 18,747,740 6,445,595 16,731,091 18,943,647 20,919,645 Public Works 224,389 207,635 30,618 518,117 158,610 222,332 1,459,973 5,271,802 5,007,696 4,852,556 Library 332,387 137,575 128,689 24,085 18,561 15,069 94,298 134,472 45,688 45,492 Development and Operations (e) 7,131,093 9,016,571 8,941,215 10,370,206 12,440,599 12,124,757 15,847,685 - - - Development Services (e) - - - - - - - 27,002,711 30,095,194 35,920,467 Operating Grants and Contributions 10,996,049 12,420,283 18,730,677 21,033,377 17,220,739 16,951,285 18,652,630 28,456,130 31,679,581 30,067,233 Capital Grants and Contributions 22,489,470 29,838,252 38,641,052 35,523,510 27,774,425 40,652,774 69,325,319 85,770,557 54,421,381 10,798,558 Total Government Activities Program Revenues 57,951,901 72,043,249 86,722,256 90,980,928 84,382,997 97,295,684 118,522,789 175,195,977 155,424,120 119,591,920 Business-Type Activities:

Charges for Services:

Electric 162,182,048 168,349,951 167,160,777 166,006,839 168,559,762 168,047,418 162,547,979 165,995,197 169,089,053 179,185,698 Water 23,212,495 23,511,499 22,960,518 27,983,419 31,624,951 32,851,109 34,797,988 36,887,506 37,121,021 38,140,013 Wastewater 30,398,896 31,786,319 34,411,404 39,000,990 37,426,508 43,389,397 42,065,481 43,609,275 48,216,934 54,299,357 Solid Waste 21,806,830 22,002,869 22,403,352 23,111,497 24,257,746 25,227,177 26,859,636 28,638,281 35,553,901 41,683,100 Natural Gas 16,529,666 16,528,513 16,572,034 16,528,513 16,528,513 16,738,649 16,563,725 14,568,504 10,348,120 30,137,619 Golf Course 2,392,702 2,386,188 2,216,692 1,931,550 - - - - - - Local Transportation 1,141,354 1,201,224 1,177,935 1,396,957 1,138,726 1,114,798 923,491 268,884 371,942 386,541 School-age Child Care 4,780,848 4,273,030 5,475,945 5,680,237 6,396,920 6,867,594 5,431,246 2,986,556 5,032,204 5,560,150 Operating Grants and Contributions 13,286,509 14,272,710 5,878,612 10,640,845 12,614,825 24,255,105 11,478,132 13,954,837 14,201,456 15,062,693 Capital Grants and Contributions 43,539,243 50,670,825 55,809,279 61,026,801 78,824,553 74,948,559 97,350,203 215,581,626 144,859,182 108,421,452 Total Business-Type Activities Program Revenue 319,270,591 334,983,128 334,066,548 353,307,648 377,372,504 393,439,806 398,017,881 522 ,490,666 464,793,813 472,876,623 Total Primary Government Program Revenues 377,222,492$ 407,026,377$ 420,788,804$ 444,288,576$ 461,755,501$ 490,735,490$ 516,540,670$ 697,686,643$ 620,217,933$ 592,468,543$ Net (Expense)/Revenue
Governmental Activities (110,883,362)$ (92,604,582)$ (65,647,730)$ (51,376,256)$ (110,727,833)$ (94,633,222)$ (106,590,566)$ (26,422,234)$ (75,162,185)$ (91,340,504)$ Business-Type Activities 56,644,091 78,209,681 72,243,542 72,428,382 85,145,865 d 98,904,466 d 104,914,399 d 190,281,705 d 143,495,452 105,259,566 Total Primary Government Net Expense (54,239,271)$ (14,394,901)$ 6,595,812$ 21,052,126$ (25,581,968)$ 4,271,244$ (1,676,167)$ 163,859,471$ 68,333,267$ 13,919,062$

CITY OF ROSEVILLE

CHANGES IN NET POSITION
Last Ten Fiscal Years
(Accrual Basis of Accounting)
Source: City of Roseville's Annual Comprehensive Financial Report. 192
2014 2015 (a) 2016 2017 2018 (b)(c) 2019 (e) 2020 (e) 2021 (d)(e) 2022 2023

CITY OF ROSEVILLE

CHANGES IN NET POSITION
Last Ten Fiscal Years
(Accrual Basis of Accounting)
General Revenues and Other Changes in Net Position
Governmental Activities:

Taxes:

Property taxes 31,930,656 $ 34,728,281 $ 37,998,872 $ 40,689,765 $ 44,646,475 $ 48,647,608 $ 52,375,495 $ 69,084,347 $ 76,267,537 $ 85,942,237$
Sales taxes 46,591,961 48,094,824 52,993,394 51,646,625 50,710,102 56,355,528 52,699,584 63,700,772 70,621,977 70,753,558 Local sales taxes - - - - - 4,218,788 19,669,535 24,509,762 28,328,053 28,827,172 Transient occupancy taxes - - - - 3,534,479 3,632,822 3,528,221 2,383,853 4,475,343 5,466,708 Other Taxes 7,465,472 7,186,709 7,745,155 7,104,703 4,854,967 4,725,497 15,357,338 2,758,248 4,737,994 4,097,937 Franchise fees 2,037,189 2,057,707 2,168,413 2,310,192 2,363,377 2,280,503 2,023,411 2,401,009 2,513,172 2,548,454 Use of money and property 2,414,976 1,763,604 3,058,420 674,516 2,008,801 10,844,582 5,667,846 2,650,187 (22,222,277) (926,797) Miscellaneous revenues 420,959 414,279 191,255 18,688,013 10,143,729 2,823,273 128,480 351,002 9,039,528 3,676,766 Transfers (11,480,648) 27,704,787 24,853,427 20,662,506 16,710,815 16,110,901 10,223,786 8,681,939 8,320,211 19,371,222 Extraordinary item:

Gain/(Loss) from sales of capital assets 43,992 1,699,847 4,729 25,137 3,522 1,523,918 899,851 - - -
Assets transferred to/liabilities assumed by
Successor A gency 7,107,581 - - - - - - - - -
Cancellation of loans receivable from
Successor A gency (5,847,668) - - - - - - - - -
Restructuring of interest on loans receivable from
Successor A gency (814,422) - - - - - - - - -
Total Government Activities 79,870,048 123,650,038 129,013,665 141,801,457 134,976,267 151,163,420 162,573,547 176,521,119 182,081,538 219,757,257 Business-Type Activities:

Use of money and property 11,499,354 11,274,851 12,056,004 8,940,537 8,829,420 d 22,202,296 19,716,829 8,341,902 (11,424,903) 9,447,311 Miscellaneous revenues - - - - - - - 2,750,278 3,228,066 12,931,214 Transfers 11,480,648 (27,704,787) (24,853,427) (20,662,506) (16,710,815) (16,110,901) (10,223,786) (8,681,939) (8,320,211) (19,371,222) Gain/(Loss) from sales of capital assets 50,252 (2,028,306) - - (548,308) 65,452 - (466,792) 168,975 (582,283) Total Business-Type Activities 23,030,254 (18,458,242) (12,797,423) (11,721,969) (8,429,703) 6,156,847 9,493,043 1,943,449 (16,348,073) 2,425,020 Total Primary Government 102,900,302$ 105,191,796$ 116,216,242$ 130,079,488$ 126,546,564$ 157,320,267$ 172,066,590$ 178,464,568$ 165,733,465$ 222,182,277$ Change in Net Position
Governmental Activities (31,013,314)$ 31,045,456$ 63,365,935$ 90,425,201$ 24,248,434$ 56,530,198$ 55,982,981$ 150,098,885$ 106,919,353$ 128,416,753$ Business-Type Activities 79,674,345 59,751,439 59,446,119 60,706,413 76,716,162 105,061,313 114,407,442 192,225,154 127,147,379 107,684,586 Total Primary Government 48,661,031$ 90,796,895$ 122,812,054$ 151,131,614$ 100,964,596$ 161,591,511$ 170,390,423$ 342,324,039$ 234,066,732$ 236,101,339$ (a) The City implemented the provisions of GASB Statements 68 a nd 71 in fiscal year 2015; the statistics prior to 2015 have not been restated. (b) The City implemented the provisions of GASB Statements 75 i n fiscal year 2018 and restated certain balances. (c) Net (Expense)/Revenue and Use of money and property for Business-Type activities for fiscal year 2018 have been updated to match with ACFR Statement of Activities. (d) Beginning in the fiscal year ended June 30, 2021, the City began reporting development and operations as separate lines named Development Services, Economic Development, and Annexation Payments (e) The sales tax amounts have been restated back to 2019 to separate the local sales tax from the Bradley-Burns sales tax revenue.

Source: City of Roseville's Annual Comprehensive Financial Report. 193
2014 2015 (b) 2016 2017 2018 (c) 2019 2020 2021 2022 2023 General Fund
Nonspendable 12,700,881$ 12,547,564 $ 12,089,564 $ 14,222,845 $ 13,181,664 $ 12,301,005 $ 11,883,886 $ 17,140,698 $ 17,607,580 $ 18,105,764 $ Committed - - - 727,155 - 14,092,262 31,781,588 31,946,376 40,548,686 111,076,368 Assigned 2,685,359 4,510,098 3,12 9,479 4,510,525 3,925,021 4,018,080 1,876,105 1,651,026 5,487,506 806,777 Unassigned 38,187,768 35,469,686 45,358,414 41,115,763 38,352,989 38,041,602 35,841,056 67,910,699 75,010,565 36,372,657 Total General Fund 53,574,008$ 52,527,348$ 60,577,457$ 60,576,288$ 55,459,674$ 68,452,949$ 81,382,635$ 118,648,799$ 138,654,337$ 166,361,566$ (a) All Other Governmental Funds
Nonspendable 16,940,290$ 16,964,800 $ 16,964,800 $ 16,964,800 $ 16,916,061 $ 17,782,400 $ 17,797,906 $ 17,287,404 $ 15,359,642 $ 14,539,216 $ Restricted 104,437,932 122,721,798 148,224,236 147,157,295 144,792,470 178,080,236 148,473,108 196,437,769 203,672,042 237,367,796 Committed 2,280,996 2,362,738 794,928 147,222 - - - - - - Assigned 11,304,133 11,483,003 10,525,153 16,369,206 13,236,513 9,255,262 11,161,681 9,249,174 4,851,442 2,020,366 Unassigned (1,290,629) (150,757) (116,035) (2,079,194) (5,728,089) (4,307,209) (4,425,312) (3,212,589) (2,520,201) (2,775,739) Total all other governmental funds 133,672,722$ 153,381,582 $ 176,393,082 $ 178,559,329 $ 169,216,955 $ 200,810,689 $ 173,007,383 $ 219,761,758 $ 221,362,925 $ 251,151,639 $ (a) (a) The change in total fund balance for the General Fund and other governmental funds is explained in Management's Discussion and Analysis. (b) The City implemented GASB Statements 68 and 71 in fiscal year 2015; years prior to 2015 have not been restated to conform with the new presentation. (c) The City implemented the provisions of GASB Statements 75 in fiscal year 2018 and restated certain balances.

Fiscal Year Ended June 30,

CITY OF ROSEVILLE

FUND BALANCES OF GOVERNMENAL FUNDS
Last Ten Fiscal Years
(Modified Accrual Basis of Accounting)
$-
$50
$100
$150
$200
$250
$300
2014 2015 (b) 2016 2017 2018 (c) 2019 2020 2021 2022 2023 Millions
Total General Fund Total all other governmental funds
Source: City of Roseville's Annual Comprehensive Financial Report 194
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Revenues
Taxes 90,692,294$ 96,055,076$ 106,209,940$ 106,882,600$ 111,838,688$ 127,146,378$ 142,385,091$ 166,131,671$ 186,944,076$ 197,636,066$ Licenses and permits 2,066,744 2,684,169 2,723,234 3,268,160 3,001,719 3,009,035 3,325,365 4,668,439 5,035,341 4,630,839 Subventions and grants 14,081,767 15,082,197 10,662,888 17,814,381 12,925,977 11,936,638 10,018,531 30,258,509 27,924,403 28,824,254 Charges for services 23,145,058 27,624,928 28,398,884 36,270,061 44,541,860 34,187,231 40,356,582 55,355,261 63,387,310 72,317,748 Use of money and property 2,237,778 2,273,687 3,608,140 8,063,026 13,580,949 13,263,366 8,981,599 1,424,915 (18,836,350) (302,748) Fine, forfeitures and penalties 1,265,026 1,226,611 1,192,435 1,231,989 1,399,287 1,265,762 960,400 229,578 470,530 401,617 Contributions from developers and others 1,721,409 15,321,286 4,847,097 2,256,674 2,260,841 29,979,263 562,934 3,907,958 4,677,528 4,983,628 Miscellaneous revenues 4,247,829 8,323,382 24,820,495 24,799,603 6,022,224 9,449,575 4,738,808 2,382,049 8,507,072 4,077,637 Revenues from other agencies - - - - - - 42,792,416 79,824,452 53,499,031 8,421,724 Total Revenues 139,457,905 168,591,336 182,463,113 200,586,494 195,571,545 230,237,248 254,121,726 344,182,832 331,608,941 320,990,765 Expenditures
Current:

General government 23,438,473 25,135,288 26,308,369 31,494,060 15,296,075 8,137,625 19,257,171 19,760,855 29,039,710 26,699,042 Public safety:

Police 30,695,155 31,917,720 34,565,899 35,785,791 39,817,024 41,422,622 46,233,948 48,827,743 55,404,248 57,732,240 Fire 25,530,503 27,328,554 28,792,370 30,357,023 32,689,465 34,056,24 8 36,192,976 35,706,906 43,675,124 42,419,179 Economic Development (a) - - - - - - - 4,090,181 3,043,366 2,485,431 Parks and recreation 19,276,779 20,854,408 21,111,520 21,451,673 25,483,508 26,124,783 27,726,357 29,493,997 32,809,285 39,579,895 Public works 6,698,390 5,972,942 6,069,793 7,060,201 8,138,529 8,326,467 13,663,550 13,112,941 19,730,670 20,043,032 Library 3,689,914 3,979,158 4,120,111 4,155,157 5,224,590 5,039,164 5,017,004 5,241,683 5,540,892 5,305,710 Development and Operations (a) 11,300,917 14,979,353 16,042,793 21,992,856 16,435,711 18,745,408 50,790,267 - - - Development Services (a) - - - - - - - 34,739,488 38,095,930 28,078,125 Housing assistance payments 3,858,070 4,046,250 4,077,451 4,216,417 4,248,895 4,673,530 5,155,267 5,706,057 6,908,949 7,933,095 Capital outlay 30,170,149 30,433,990 37,821,774 59,258,478 49,553,074 39,316,183 65,792,166 68,814,087 62,876,772 26,090,853 Payments under development agreements 567,619 567,619 567,619 - - - - - - - Annexation payments 2,932,924 3,596,777 4,076,406 4,734,193 5,775,035 6,140,795 7,083,307 7,494,258 9,257,913 10,109,686 Debt service:

Principal retirement 2,125,278 844,490 863,892 1,098,509 1,532,317 1,561,381 2,072,817 1,613,400 3,953,223 1,700,223 Interest and fiscal charges 607,872 393,375 1,079,183 4,221,646 4,948,323 1,510,734 1,524,178 1,590,708 3,125,875 2,666,495 Total Expenditures 160,892,043 170,049,924 185,497,180 225,826,004 209,142,546 195,054,940 280,509,008 276,192,304 313,461,957 270,843,006 Excess (deficiency) of revenues over
(under) expenditures (21,434,138) (1,458,588) (3,034,067) (25,239,510) (13,571,001) 35,182,308 (26,387,282) 67,990,528 18,146,984 50,147,759 Other Financing Sources (Uses)
Proceeds from leases 43,992 104,580 - - - - - - 208,245 - Debt issued - - 14,425,000 - - - - - - -
Premium on debt issued - - 862,056 - - - - - - -
Proceeds from sale of property - 516,821 - - - 1,521,727 880,994 7,312,878 192,683 10,799 Transfers in 41,542,969 38,238,578 53,202,949 43,364,097 28,539,336 30,941,685 28,265,421 20,712,442 25,464,243 22,322,066 Transfers out (24,688,897) (18,739,191) (34,394,329) (23,201,601) (24,102,321) (23,058,711) (17,632,753) (11,995,309) (22,405,450) (14,763,097) Payment to bond escrow agent --------- -
Total other financing sources (uses) 16,898,064 20,120,788 34,095,676 20,162,496 4,437,015 9,404,701 11,513,662 16,030,011 3,459,721 7,569,768 Net Change in fund balances before special
and extraordinary items (4,536,074) 18,662,200 31,061,609 (5,077,014) (9,133,986) 44,587,009 (14,873,620) 84,020,539 21,606,705 57,717,527 Special and Extraordinary items
Change in classification of assets (2,141,561) - - - - - - - - - Cancellation of loans receivable from
Successor Agency (5,847,668) - - - - - - - - -
Net Change in fund balances (12,525,303)$ 18,662,200$ 31,061,609$ (5,077,014)$ (9,133,986)$ 44,587,009$ (14,873,620)$ 84,020,539$ 21,606,705$ 57,717,527$ Debt service as a percentage of
noncapital expenditures * 0.9% * 1.3% * 1.3% * 3.2% * 4.1% 2.0% 1.7% 1.7% 3.1% 1.8% * In FY2018, the City recalculated these percentages.
(a) Beginning in the fiscal year ended June 30, 2021, the City began reporting development and operations as separate lines named Development Services, Economic Development, and Annexation Payments

CITY OF ROSEVILLE

CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS
Last Ten Fiscal Years
(Modified Accrual Basis of Accounting)
Source: City of Roseville's Annual Comprehensive Financial Report 195
4060/3021 3026 4061/3027
Fiscal Year Bradley-Burns Sales Tax
Triple Flip - In Lieu Sales
Tax
Measure B Local Sales
Tax
2014 34,956,304$ 11,635,658$ -$ 2015 35,531,876 12,562,948 -
2016 (a) 43,559,785 9,433,609 -
2017 51,646,625 - -
2018 (b) 50,710,102 - -
2019 (c) 56,355,528 - 4,218,788
2020 52,699,584 - 19,669,535
2021 63,700,772 - 24,509,762
2022 70,621,977 - 28,328,053
2023 70,753,558 - 28,827,172
TOTAL 562,766,645$ 44,404,324$ 105,553,310 $ (a) The State Triple Flip ended with a one-time additional payment for the final quarter. (b) The sales tax decrease is due to a one-time delay in State processing sales tax payments as a result of implementation of a new tax collection system. (c) The Measure B local sales tax was approved by voters in November 2018 and was effective April 1, 2019, increasing the sales tax rate from 7.25% to 7.75%.

CITY OF ROSEVILLE

SALES TAX REVENUE
Last Ten Fiscal Years
$0
$20
$40
$60
$80
$100
$120
2014 2015 2016 (a) 2017 2018 (b) 2019 (c) 2020 2021 2022 2023 Millions
Bradley-Burns Sales Tax Triple Flip - In Lieu Sales Tax Fiscal Years
Source: City of Roseville's Annual Comprehensive Financial Report 196
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Secured
Land 4,416,998,220$ 4,811,588,559$ 5,038,592,302$ 5,343,255,434$ 5,619,414,445$ 5,929,903,660$ 6,340,278,943$ 6,679,852,992$ 7,075,833,844$ 7,649,096,782$ Structure 11,732,698,206 12,621,412,601 13,670,305,499 14,619,778,326 15,565,619,635 16,427,163,485 18,093,106,729 19,204,141,847 20,547,280,455 22,412,961,248 Fixtures 85,175,780 86,169,588 72,381,116 54,816,121 71,994,553 71,059,765 72,781,190 52,101,460 109,605,403 142,133,251 Personal Property 197,939,682 199,577,920 176,564,870 173,880,661 128,012,551 146,059,048 185,265,472 240,746,236 214,126,109 212,551,774 Gross 16,432,811,888 17,718,748,668 18,957,843,787 20,191,730,542 21,385,041,184 22,574,185,958 24,691,432,334 26,176,842,535 27,946,845,811 30,416,743,055 Exemptions (1,189,126,642) (1,235,144,897) (1,196,368,326) (1,240,797,255) (1,287,075,877) (1,010,838,236) (1,586,206,981) (1,693,401,545) (1,876,457,223) (1,956,468,024) Net Value 15,243,685,246 16,483,603,771 17,761,475,461 18,950,933,2 87 20,097,965,307 21,563,347,722 23,105,225,353 24,483,440,990 26,070,388,588 28,460,275,031 Unsecured
Land 14,275,896 14,209,597 14,751,078 15,636,657 16,035,546 16,244,979 16,533,626 17,169,271 17,318,630 17,648,076 Structure 39,978,372 40,065,250 40,572,958 41,034,119 41,858,259 42,756,495 43,960,455 45,727,053 45,888,059 46,304,816 Fixtures 201,618,605 200,634,374 210,899,452 219,812,361 232,332,616 211,812,302 209,973,531 209,539,891 210,752,175 220,577,778 Personal Property 497,756,921 478,575,784 508,561,032 586,873,115 568,397,250 569,809,275 625,422,860 675,077,829 647,792,897 694,890,801 Gross 753,629,794 733,485,005 774,784,520 863,356,252 858,623,671 840,623,051 895,890,472 947,514,044 921,751,761 979,421,471 Exemptions (86,500,375) (61,105,400) (93,563,794) (114,427,098) (112,467,389) (109,637,206) (104,116,407) (99,538,096) (123,172,469) (130,797,312) Net Value 667,129,419 672,379,605 681,220,726 748,929,154 746,156,28 2 730,985,845 791,774,065 847,975,948 798,579,292 848,624,159 Total Net
Assessed Value (a) 15,910,814,665$ 17,155,983,376 $ 18,442,696,187 $ 19,699,862,441 $ 20,844,121,589 $ 22,294,333,567 $ 23,896,999,418$ 25,331,416,938$ 26,868,967,880$ 29,308,899,190$ Direct Tax Rate (b) 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% (a) Article XIIIA, added to the California Constitution by Proposition 13 in 1978 fixed the base for valuation of property subject to taxes at the full cash value which appeared on the Assessor's 1975/76 assessment roll. Thereafter, full cash value can be increased to reflect:
- annual inflation up to 2%; or
- market value at the time of ownership change; or
- market value for new construction.
(b) California cities do not set their own direct tax rate. The state constitution establishes the rate at 1% and allocates a portion of that amount, by an annual calculation, to all the taxing entities within a tax rate area.

CITY OF ROSEVILLE

ASSESSMENT ROLL VALUES
Last Ten Fiscal Years
Source: Placer County Property Assessment Roll Values
https://www.placer.ca.gov/departments/assessor/roll-values 197
Direct Rate
Basic Eureka Dry Creek Roseville
Fiscal County School School Elementary High
Year Wide Levy District District Schools Schools Total (a) 2014 1.0000 0.0381 0.0706 0.0441 0.0514 1.1023
2015 1.0000 0.0379 0.0677 0.0457 0.0485 1.0989
2016 1.0000 0.0362 0.0666 0.0434 0.0454 1.0941
2017 1.0000 0.0376 0.0651 0.0436 0.0500 1.0988
2018 1.0000 0.0397 0.0701 0.0115 0.0521 1.0925
2019 1.0000 0.0190 0.0720 0.0101 0.0437 1.0774
2020 1.0000 0.0183 0.0712 0.0103 0.0477 1.0810
2021 1.0000 0.0053 0.0710 0.0098 0.0418 1.0706
2022 1.0000 0.0043 0.0753 0.0097 0.0350 1.0648
2023 1.0000 0.0000 0.0423 0.0091 0.0345 1.0516
(a) Total Overlapping Rates uses an average of Eureka School District, Dry Creek School District and Roseville Elementary School Overlapping Rates

CITY OF ROSEVILLE

PROPERTY TAX RATES

DIRECT & OVERLAPPING GOVERNMENTS
Last Ten Fiscal Years
$0.000
$0.010
$0.020
$0.030
$0.040
$0.050
$0.060
$0.070
$0.080
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Per Hundred $
Eureka School District Dry Creek School District Roseville Elementary Schools High Schools Fiscal Years
Source: Placer County Property Tax Information
https://www.placer.ca.gov/departments/auditor/property-tax 198
Percent of Percent of
Total City Total City
Taxable Taxable Taxable Taxable
Assessed Assessed Assessed Assessed
Property Owner Primary Land Use Rank Value Value Rank Value Value Roseville Shoppingtown LLC Shopping Center 1 472,442,615$ 1.65% 1 408,743,797$ 2.65% BREIT Wave MF SC Owner LLC Apartments 2 159,896,419 0.56% Harvest-USIV LLC & Harvest-USHII LLC Apartments 3 113,567,789 0.40% DC Roseville Owner LLC Office Building 4 104,396,456 0.36% DDR Creekside LP Commercial 5 99,952,556 0.35%
DA - 20A Ascent LLC Apartments 6 96,930,998 0.34%
Rosemeade Residential Holdings LLC Apartments 7 90,902,168 0.32% PPF AHP OFF Parkway Corporate Plaza Owner Office Building 8 83,298,098 0.29% Hometown Diamond K LLC Mobile Home Park 9 79,039,000 0.28% W2005 Fargo Hotels Pool C Realty LP Hotel 10 78,465,589 0.27% 3 88,946,067 0.58% Roseville Fountains LP Shopping Center 11 76,455,702 0.27% 7 64,464,078 0.42% Walmart Stores Inc. Commercial 12 76,358,666 0.27% 4 83,768,418 0.54% CW FBI Sacramento LLC Industrial 13 75,206,991 0.26%
Oakmonth Properties - Creekside LLC Apartments 14 72,432,423 0.25% CPT Creekside Town Center LLC Shopping Center 15 72,224,593 0.25% 8 61,231,640 0.40% Save Mart Portfolio Owner Fund V CA LLC Supermarket 16 63,673,662 0.22% BRE Sierra View Owner LLC Industrial 17 62,823,677 0.22% Allegra Sacramento LLC Industrial 18 57,468,199 0.20%
Safeway Inc. Commercial 19 56,620,951 0.20% 11 47,342,569 0.31% Mourier Land Investment Corporation Office Building 20 53,108,344 0.19% BEP Roseville Investors LLC Office Building 6 77,125,000 0.50% Hewlett Packard Co. Industrial 2 138,605,644 0.90%
Slate Creek Roseville LLC Apartments 5 79,749,000 0.52% UCM Caiprosemeade LLC Apartments 9 58,345,117 0.38%
Timberpine Holdings LLC Industrial 10 47,500,000 0.31%
John L. Sullivan Family LP Auto Dealership 12 44,919,377 0.29% Pinnacle OPID LLC & Pinnacle PCC LLC Apartments 13 39,967,390 0.26% HD Development of Maryland Inc. Commercial 14 38,888,699 0.25% Westcore Delta LLC Shopping Center 15 37,069,016 0.24%
Realty Associates Fund IX LP Apartments 16 36,413,999 0.24% Macy's West Inc. Commercial 17 33,950,035 0.22%
Conam Highland Park LLC Apartments 18 33,706,460 0.22%
NNN Parkway Corporate Plaza LLC Office Building 19 32,670,000 0.21% Eureka Development Company LLC Shopping Center 20 31,417,971 0.20% Total 2,045,264,896$ 7.14% 1,484,824,277$ 9.63% Fiscal Year: 2022-2023 2013-2014
Local Secured Assessed Valuation: 28,645,230,431$ 15,417,937,646$ 2023 2014

CITY OF ROSEVILLE

PRINCIPAL PROPERTY TAX PAYERS
Current Year and Nine Years Ago
Source: California Municipal Statistics, Inc.
199
Fiscal Year Total Tax
Ended Levy for
June 30 Fiscal Year Amount Percentage of Levy
2014 24,170,809$ 23,943,603$ 99.06%
2015 26,562,322 26,328,574 99.12%
2016 28,692,626 28,454,477 99.17%
2017 30,888,183 30,650,344 99.23%
2018 33,112,938 32,881,148 99.30%
2019 35,949,987 35,709,122 99.33%
2020 39,271,409 38,729,463 98.62%
2021 42,188,818 41,859,745 99.22%
2022 45,487,115 45,123,218 99.20%
2023 50,393,320 49,970,016 99.16%
Notes:

Current tax collections beginning in 1993 have been reduced by a mandatory tax reallocation imposed by the State of California.

Placer County uses an estimate for the delinquency rate and compiles delinquency as a lump sum.

Subsequent collections are not broken out by fiscal year from t he County. This information is not available.

Collected within the
Fiscal Year of the Levy

CITY OF ROSEVILLE

PROPERTY TAX LEVIES AND COLLECTIONS
Last Ten Fiscal Years
$0
$10,000,000
$20,000,000
$30,000,000
$40,000,000
$50,000,000
$60,000,000
2014 2015 2016 2017 2018 2019 2020 2021 2022
2023
Total Tax Levy Total Tax Collection
Fiscal Years
Source: Placer County
200
Rank Business Type (a) kWh Percent Total kWh Revenue
Percent of Total
Revenue
1 Manufacturing 79,100,000 6.72% 8,279,356 $ 4.69% 2 Government and Utilities 38,600,912 3.28% 4,906,002 2.78% 3 Medical Care 31,797,943 2.70% 4,038,905 2.29%
4 Admin/Office/R&D 31,726,000 2.70% 3,521,155 1.99%
5 Medical Care 27,318,144 2.32% 3,303,263 1.87%
6 Retail and Property Management 12,820,869 1.09% 1,821,698 1.03% 7 Elementary and Secondary Schools 7,867,966 0.67% 1,181,860 0.67% 8 Grocery 8,455,861 0.72% 1,161,867 0.66%
9 Elementary and Secondary Schools 7,272,233 0.62% 1,073,965 0.61% 10 Retail 8,993,866 0.76% 1,062,175 0.60%
Electric Sales Revenue as of June 30, 2023
Residential 85,691,000$
Commercial 90,965,000
Total 176,656,000$
(a) Customer's name not shown to follow the City's Administrative Regulation regarding confidentiality of customers.

CITY OF ROSEVILLE

ELECTRIC CUSTOMERS AND REVENUES
Ten Largest Electric Customers as of June 30, 2023
Source: City of Rosevile Electric Department
201
Residential
Basic Service Charge (per meter, per month)
Energy Charge ($/kWh)
Tier 1- up to 500 kWh/month
Tier 2- greater than 500 kWh/month
Renewable Energy Surcharge ($/kWh)
Greenhouse Gas Surcharge ($/kWh)
Hydroelectric Adjustment ($/kWh) (1)
State Energy Surcharge ($/kWh)
Energy Cost Surcharge ($/kWh) (2)
Rates are prorated.

Solar Customer Buyback Rate
Net Energy Metering (3)
Surplus Energy Compensation Rate ($/kWh)
Roseville Solar 2.0 (4)
Surplus Energy Compensation Rate ($/kWh)
Special Residential Rates
Electric Rate Assistance Program
Residents meeting certain income criteria may be eligible for a 15% discount on electric service.

Medical Rate Assistance Program
Residents meeting certain income and medical device use criteri a may be eligible for a 50% discount on the first 500 kWh and 15% on a ll other kWh electric usage.

Medical Notification Program
Residents can notify the City of Roseville of the residential use of essential medical support equipment.

This program allows the City to comply with the California Publ ic Utility code 10010.

NOTES
1) There is a hydroelectric adjustment in effect from July 2022, through June 2023. 2) Energy cost surcharge: effective February 1, 2023 to December 31, 2024. The energy cost surcharge is not applicable to seni or citizen rate reduction, low-income rate reduction, and medical support rate reduction customers. 3) Rate closed October 1, 2018. Surplus energy compensation rat es are subject to revision by City Council as energy prices and system requirements change.
4) The State of California allows electric utilities to impleme nt a new solar buyback rate once solar exceeds 5% of the utilit y’s system peak.

Roseville Electric Utility now exceeds 5% solar. Per the City of Roseville Municipal Code, beginning October 1, 2018 customers will be enrolled in Roseville Solar 2.0. This change will not affect cu stomers who installed solar before October 1, 2018 until 2028. Net Energy Metering customers will continue with net energy metering for u p to 20 years (10 minimum) from the date of system interconnect ion.

Surplus energy compensation rates are subject to revision by Ci ty Council as energy prices and system requirements change. $30.00

CITY OF ROSEVILLE

RESIDENTIAL ENERGY PRICES
Effective February 1, 2023
$0.0931
$0.0598
$0.0989
$0.1468
$0.0056
$0.0002
$0.00262
$0.00030
$0.01354
Source: City of Roseville Electric Department
202
Small General Service (GS-1) Summer
(Demand < 20 kW)
Basic Service Charge (per meter, per month) $44.00 $44.00 Energy Charge ($/kWh) $0.1017 $0.1181
Renewable Energy Surcharge ($/kWh) $0.0056 $0.0056
Greenhouse Gas Surcharge ($/kWh) $0.0002 $0.0002
Hydroelectric Adjustment ($/kWh) $0.00262 $0.00262
State Energy Surcharge ($/kWh) $0.00030 $0.00030
Energy Cost Surcharge ($/kWh) (1)
$0.01235 $0.01235
Medium General Service (GS-2) Summer
(20 kW < Demand ≤ 500 kW)
Basic Service Charge (per meter, per month) $65.00 $65.00 Demand Charge($/kW-month) $6.16 $6.16
Energy Charge ($/kWh) $0.1066 $0.1282
Renewable Energy Surcharge ($/kWh) $0.0056 $0.0056
Greenhouse Gas Surcharge ($/kWh) $0.0002 $0.0002
Hydroelectric Adjustment ($/kWh) $0.00262 $0.00262
State Energy Surcharge ($/kWh) $0.00030 $0.00030
Energy Cost Surcharge ($/kWh) (1) $0.01143 $0.01143
Optional GS-2 TOU Medium General Service
(20 kW < Demand < 500 kW)
Basic Service Charge (per meter, per month)
$36.00
Climate Change Mitigation (per meter, per month) $25.00 Winter - Service from mid-September through mid-May
Demand Charge ($/kW-month) $3.73
Energy Charge
Off Peak ($/kWh) $0.0661
On Peak ($/kWh) $0.0849
Super Peak ($/kWh) $0.0849
Summer - Service from mid-May through mid-September
Demand Charge ($/kW-month) $10.55
Energy Charge
Off Peak ($/kWh) $0.0891
On Peak ($/kWh) $0.1138
Super Peak ($/kWh) $0.1656
State Energy Surcharge ($/kWh) $0.00022
Large General Service (GS-3) Summer
(500 kW < Demand ≤ 1000 kW)
Basic Service Charge (per meter, per month) $561.00 $561.00 Demand Charge ($/kW-month) $6.60 $11.57
Energy Charge
Off Peak ($/kWh)
$0.0717 $0.0936
On Peak ($/kWh) $0.0936 $0.1153
Super Peak ($/kWh) $0.0936 $0.1480
Renewable Energy Surcharge ($/kWh) $0.0056 $0.0056
Greenhouse Gas Surcharge ($/kWh) $0.0002 $0.0002
Hydroelectric Adjustment ($/kWh) $0.00262 $0.00262
State Energy Surcharge ($/kWh) $0.00030 $0.00030
Energy Cost Surcharge ($/kWh) (1)
$0.00992 $0.00992
Very Large General Service (GS-4) Summer
(Demand > 1000 kW)
Basic Service Charge (per meter, per month)
$641.00 $641.00
Demand Charge ($/kW-month) $6.71 $11.51
Energy Charge
Off Peak ($/kWh)
$0.0709 $0.0924
On Peak ($/kWh) $0.0907 $0.1122
Super Peak ($/kWh) $0.0907 $0.1469
Renewable Energy Surcharge ($/kWh) $0.0056 $0.0056
Greenhouse Gas Surcharge ($/kWh) $0.0002 $0.0002
Hydroelectric Adjustment ($/kWh) $0.00262 $0.00262
State Energy Surcharge ($/kWh) $0.00030 $0.00030
Energy Cost Surcharge ($/kWh) (1)
$0.00843 $0.00843
Rates are prorated and a 2% discount is available for primary service customers.

Time of Use (TOU) seasons, days, hours, holidays:

Winter - October through May // Summer - June through September Off Peak: 10:00pm to 7:00am Monday through Friday (Except Holidays) All Day Saturday, Sunday, and Holidays
On Peak: 7:00am to 4:00pm AND 7:00pm to 10:00pm Monday through Friday (Except Holidays)
Super Peak: 4:00pm to 7:00pm Monday through Friday (Except Holidays) Holidays are defined as: New Years Day, Martin Luther King Day, Presidents' Day, Memorial Day, Labor Day, Columbus Day, Veterans' Day, Thanksgiving Day, and Christmas Day.

There is a hydroelectric adjustment in effect from July 2022 through June 2023.

The California State Energy Surcharge may change from time to time as specified in State law. 1) Energy cost surcharge: effective February 1, 2023 to December 31, 2024. The energy cost surcharge is not applicable to senior citizen rate reduction, low-income rate reduction, and medical support rate reduction customers.

Winter
Note: General Service Customers include all commercial, industrial, governmental and other non-residential customers.

CITY OF ROSEVILLE

BUSINESS ENERGY PRICES
Effective February 1, 2023
Winter
Winter
Winter
Source: City of Roseville Electric Department
203
Percentage of
Certificates Tax Installment Participation Total Certificates Certificates of Total Total Placer County Debt Fiscal of Allocation Purchase Capital Participation Lease Subscription Governmental of Revenue Participation Lease Subscription Business-Type Primary Total Personal Per Year Participation [d] Bonds [c] Obligations Lease Sub-Lease Liability Liability Loans Activities Participation Bonds Sub-Leases Liability Liability Loans Activities Government [e] Income [a] Capita [a] 2014 -$ -$ -$ -$ 10,670,247$ -$ -$ 4,059,175$ 14,729,422$ 175,923,926$ 380,082,084$ 4,344,960$ -$ -$ -$ 560,350,970$ 575,080,392$ 2.61% 4,530 2015 - - - 69,007 9,874,685 - - 4,045,820 13,989,512 150,053,467 385,334,824 3,945,831 - - - 539,334,122 553,323,634 2.60% 4,295 2016 - - - 34,928 24,347,067 - - 4,030,681 28,412,676 152,649,025 368,091,795 3,538,160 - - - 524,278,980 552,691,656 2.34% 4,122 2017 - - - - 23,272,775 - - 4,013,624 27,286,399 138,472,975 363,175,852 3,123,170 - - - 504,771,997 532,058,396 2.15% 3,916 2018 - - - - 24,823,067 - - 3,981,145 28,804,212 133,923,531 363,838,283 - - - - 497,761,814 526,566,026 1.92% 3,838 2019 14,455,822 - - - 8,795,122 - - 3,964,079 27,215,023 129,546,859 347,567,126 - - - - 477,113,985 504,329,008 1.61% 3,612 2020 14,163,014 - - - 7,482,335 - - 3,469,049 25,114,398 88,959,644 [f] 327,768,646 - - - - 416,728,290 441,842,688 1.08% 3,044 2021 13,860,206 - - - 6,143,935 - - 3,469,049 23,473,190 85,802,679 206,045,926 - - - 4,344,362 [h] 296,192,967 319,666,157 1.02% 2,176 2022 13,542,398 - - - 4,777,987 169,456 - - 18,320,385 82,515,715 183,892,263 - - - 31,851,283 [h] 298,259,261 316,579,646 [b] 2,096 2023 13,209,589 - - - 3,382,762 2,286,058 3,388,351 - 16,592,351 25,078,751 [g] 165,613,599 - - 1,993,085 77,060,647 [h] 267,752,997 284,34 5,348 [b] 1,859 [a] These ratios are calculated using personal income and popula tion as shown on the Demographics and Economic Statistics sched ule. [b] Total personal income information is not available. [c] The Redevelopment Agency was dissolved effective January 31, 2012 and its liabilities were assumed by the Successor Agency. [d] In 2013 the Certificates of Pa rticipation were refunded by the 2013 Public Facilities Refunding lease. [e] Long term debt was restated in fiscal year 2014; statistics prior to 2014 have not been restated. [f] Decrease mostly caused by electric fund debt paydown of $36 million and wastewater debt refunding of $38.3 million with revenue bonds. [g] Decrease mostly caused by electric fund debt paydown of $54 million. [h] Increase from draws on State Revolving Fund loans for constr uction of PGWWTP Expansion and Energy Recovery projects.

Sources: The City's Annual Comprehensive Financial Reports State of California, Department of Finance (population) U.S. Department of Commerce, Bureau of Economic Analysis - Local Data (personal income)

CITY OF ROSEVILLE

RATIO OF OUTSTANDING DEBT BY TYPE
Last Ten Fiscal Years
Governmental Activities Business-Type Activities
204
Fiscal Tax Increment Total
Year Revenue (2) Principal Interest Debt Service Coverage 2015 3,566,262$ -$ 132,646$ 132,646$ 26.89 2016 2,692,154 (3) 435,000 390,688 825,688 3.26
2017 5,263,766 435,000 378,363 813,363 6.47
2018 3,534,361 445,000 365,063 810,063 4.36
2019 3,723,819 465,000 343,463 808,463 4.61
2020 3,959,041 485,000 319,379 804,379 4.92
2021 3,280,510 505,000 302,713 807,713 4.06
2022 2,595,354 525,000 277,552 802,552 3.23
2023 1,679,567 555,000 260,109 815,109 2.06
Notes: (1) Ten years of data are not available due to the bonds being issued on September 9, 2014 (2) Amounts reported include tax revenue and debt service of the Successor Agency. (3) Restated

CITY OF ROSEVILLE
2014 REDEVELOPMENT PROJECT TAX ALLOCATION BONDS
Last Nine Fiscal Years(1)
Debt Service Requirements
$-
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$5,000,000
$6,000,000
2015 2016 2017 2018 2019 2020 2021 2022 2023
Tax Increment Revenue (2) Total Debt Service
Fiscal Years
Source: City of Roseville's Annual Financial Statments 205
Fiscal Tax Increment Total
Year Revenue (2) Principal Interest Debt Service Coverage 2017 5,263,766$- $ 703,884$ 703,884$7 .48 2018 3,534,361 340,000 738,037 1,078,037 3.28
2019 3,723,819 395,000 733,439 1,128,439 3.30
2020 3,959,041 410,000 727,603 1,137,603 3.48
2021 3,280,510 415,000 721,408 1,136,408 2.89
2022 2,595,354 415,000 711,749 1,126,749 2.30
2023 1,679,567 420,000 705,422 1,125,422 1.49
Notes: (1) Ten years of data are not available due to the bonds being issued on July 19, 2016 (2) Amounts reported include tax revenue and debt service of the Successor Agency.

CITY OF ROSEVILLE
2016 REDEVELOPMENT PROJECT TAX ALLOCATION BONDS
Last Seven Fiscal Years (1)
Debt Service Requirements
$-
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$5,000,000
$6,000,000
2017 2018 2019 2020 2021 2022 2023
Tax Increment Revenue (2) Total Debt Service
Fiscal Years
Source: City of Roseville's Annual Financial Statements 206
2022-2023 Assessed Valuation: $29,495,733,711
City's Share
Total Debt of Debt
6/30/2023 % Applicable (1) 6/30/2023
OVERLAPPING TAX AND ASSESSMENT DEBT:

Sierra Joint Community College District SFID No. 4 211,025,000$ 34.709% 73,244,667 $ Roseville Joint Union High School District 107,654,772 76.154% 81,983,415 Roseville Joint Union High School District SFID No. 1 64,064,287 97.708% 62,595,934 Center Joint Unified School District 101,667,621 16.957% 17,239,778 Rocklin Unified School District 26,890,273 0.362% 97,343 Dry Creek Joint School District 23,949,952 55.047% 13,183,730 Roseville City School District 9,224,633 97.092% 8,956,381 City of Roseville Community Facilities Districts 424,973,000 100.000% 424,973,000 City of Roseville Placer Valley Sports Complex & Tourism Assessment District 33,106,000 100.000% 33,106,000 California Statewide Communities Development Authority Assessment Districts 19,440,707 100.000% 19,440,707 TOTAL OVERLAPPING TAX AND ASSESSMENT DEBT 734,820,955
DIRECT AND OVERLAPPING GENERAL FUND DEBT:

Placer County General Fund Obligations 81,385,000 30.058% 24,462,703 Sierra Joint Community College District Certificates of Participation 802,000 23.011% 184,548 Roseville Joint Union High School District Certificates of Participation 61,150,000 76.154% 46,568,171 Rocklin Unified School District General Fund Obligations 19,219,000 0.362% 69,573 Eureka Union School District Certificates of Participation 1,970,000 34.311% 675,927 Roseville City School District General Fund Obligations 6,847,705 97.092% 6,648,574 Placer Mosquito and Vector Control District General Fund Obligations 1,854,000 30.058% 557,275 City of Roseville General Fund Obligation 15,952,765 100.000% 15,952,765 City of Roseville Debt Premium 667,398 100.000% 667,398 TOTAL DIRECT AND OVERLAPPING GENERAL FUND DEBT 95,786,934 OVERLAPPING TAX INCREMENT DEBT (Successor Agency): 26,015,000 100.000% 26,015,000 TOTAL DIRECT DEBT 16,592,351
TOTAL OVERLAPPING DEBT 840,030,538
COMBINED TOTAL DEBT 856,622,889$ (2)
(1) The percentage of overlapping debt applicable to the city is estimated using taxable assessed property value.

Applicable percentages were estimated by determining the portion of the overlapping district's assessed value that is within the boundaries of the city divided by the district's total ta xable assessed value. (2) Excludes tax and revenue anticipation notes, enterprise revenue, mortgage revenue and non-bonded capital lease obligations.

Ratios to 2022-2023 Assessed Valuation:

Total Overlapping Tax and Assessment Debt 2.49%
Total Direct Debt ($18,878,409) 0.06%
Combined Total Debt 2.91%
Ratios to Redevelopment Successor Agency Incremental Valuation ($1,155,710,239):

Total Overlapping Tax Increment Debt 2.25%

CITY OF ROSEVILLE

COMPUTATION OF DIRECT AND OVERLAPPING DEBT
June 30, 2023
Source: California Municipal Statistics, Inc.
207
ASSESSED VALUATION:

Secured property assessed value, net of
exempt real property 28,645,230,431$
BONDED DEBT LIMIT (3.75% OF ASSESSED VALUE) (a) 1,074,196,141$ AMOUNT OF DEBT SUBJECT TO LIMIT:

Total Bonded Debt 207,284,701$
Less bonded debt not subject to limit (207,284,701)
Amount of debt subject to limit -
LEGAL BONDED DEBT MARGIN 1,074,196,141$
Total net debt
Total Net Debt Legal applicable to the limit
Fiscal Debt Applicable to Debt as a percentage
Year Limit Limit Margin of debt limit
2011 567,178,798$ - $ 567,178,798$ 0.00% 2012 560,837,192 - 560,837,192 0.00%
2013 536,758,408 - 536,758,408 0.00%
2014 578,172,662 - 578,172,662 0.00%
2015 624,626,766 - 624,626,766 0.00%
2016 672,531,992 - 672,531,992 0.00%
2017 717,170,366 - 717,170,366 0.00%
2018 760,269,304 - 760,269,304 0.00%
2019 815,306,847 - 815,306,847 0.00%
2020 873,200,181 - 873,200,181 0.00%
2021 924,988,530 - 924,988,530 0.00%
2022 984,602,595 - 984,602,595 0.00%
2023 1,074,196,141 - 1,074,196,141 0.00%
(a) California Government Code, Section 43605 sets the debt lim it at 15%.

The Code section was enacted prior to the change in basing assessed value to full market value when it was previously 25% of market value. Thus, the limit shown as 3.75% is one-fourth the limit to account for the adjustment of showing assessed valuation at full cash value.

CITY OF ROSEVILLE

COMPUTATION OF LEGAL BONDED DEBT MARGIN
June 30, 2023
Source: City of Roseville Finance Department
208

CITY OF ROSEVILLE

DEMOGRAPHIC AND ECONOMIC STATISTICS
Last Ten Fiscal Years
County
Total County City of
City of Personal Per Capita Roseville Placer City
Fiscal Roseville Income Personal Unemployment County Population Year Population (in thousands) Income Rate (%) P opulation % of County 2014 126,956 21,182,771 55,000 6.5% 366,000 34.69%
2015 128,832 21,240,299 58,000 5.3% 369,454 34.87%
2016 134,073 22,741,453 59,000 4.5% 373,796 35.87%
2017 135,868 24,527,289 63,000 3.8% 382,837 35.49%
2018 137,213 26,223,081 67,000 3.0% 389,532 35.23%
2019 139,643 27,459,330 69,000 3.5% 396,691 35.20%
2020 145,163 29,124,683 72,000 3.0% 403,711 35.96%
2021 146,875 31,684,782 77,000 5.5% 404,994 36.27%
2022 151,034 (a) 82,000 2.8% 409,025 36.93%
2023 152,928 (a) (a) 3.0% 410,305 37.27%
(a) Information not available
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Roseville Population Placer County Population
Fiscal Years
Source: Estimates obtained from the California Department of Finance and the estimates from Placer County ACFR 209
Employer
Number of
Employees Rank
Percentage of
Total City
Employees
Number of
Employees Rank
Kaiser Permanente 5,760 1 7.15% 3,231 1
Sutter Health Roseville Medical Group 5,080 2 6.31% 1,654 3 TopGolf 1,970 3 2.45%
City of Roseville 1,620 4 2.01% 1,286 5
Adventist Health 1,620 4 2.01% 1,019 7
Roseville City School District 1,240 6 1.54% 1,000 8
Roseville Joint Union High School 1,084 7 1.35% 1,434 4 Flexcare LLC 1,000 8 1.24%
Penumbra 810 9 1.01%
Hewlett-Packard 630 10 0.78% 2,132 2
Union Pacific Railroad Company 1,137 6
Walmart Superstore (PG) 460 9
LB Construction, Inc. 404 10
Subtotal 20,814 25.84% 13,757
Total Employment 80,543 (a) 70,969
(a) Total Employment as used above represents the estimated total employment of all employees located within the City limits.
2023 2014

CITY OF ROSEVILLE

PRINCIPAL EMPLOYERS
Current Year and Nine Years Ago
Source: Roseville Chamber of Commerce and Self reported by employers 210
2014 2015 (b) 2016 2017 2018 2019 2020 2021 2022 (c) 2023 Function
General Government 180.10 179.81 183.11 187.98 150.23 158.73 168. 23 169.73 150.23 159.23 Public Safety 327.42 313.00 316.00 317.00 315.50 317.00 321. 00 327.00 331.00 343.00 Public Works 73.18 67.50 71.50 71.50 110. 75 108.75 110.25 112.25 117.50 123.25 Development and Operations (a) 70.26 71.00 72.00 74.00 75.00 82.00 83.00 83.75 89.00 91.00 Park, Recreation & Libraries 274.61 121.50 122.50 124.50 122.50 114.50 114. 50 116.50 125.50 137.25 Environmental Utilities 219.14 207.50 222.25 223.75 227.75 226.75 244. 75 255.00 270.00 277.00 Electric 141.09 142.00 149.00 150.00 149.00 153.00 154. 00 156.00 193.75 197.25 Total 1,285.80 1,102.31 1, 136.36 1,148.73 1,150.73 1,160.73 1,195.73 1,220.23 1,276. 98 1,327.98 (a) Community Development was renamed to Development and Operations in fiscal year 2014. The departments included in Development and Operations are Developmen (b) Decrease in FTE for fiscal year 2015 is due to no longer including FTEs attributable to temporary part-time staff. (c) Decrease in General Government and increase in Electric due to transfer of utility billing staff to Electric Department Adopted for Fiscal Year Ended June 30,

CITY OF ROSEVILLE

FULL-TIME EQUIVALENT CITY EMPLOYEES BY FUNCTION
Last Ten Fiscal Years
0 50
100
150
200
250
300
350
400
2014 2015 (b) 2016 2017 2018 2019 2020 2021 2022 (c) 2023 General Government Public Safety Public Works
Development and Operations (a) Park, Recreation & Libraries Environmental Utilities Electric
Fiscal Years
Source: City of Roseville Annual Budget
211
Fiscal Year
Function/Program 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Public safety:

Fire:

Number of Haz-Mat alarms responded 214 228 204 224 239 278 232 218 200 29 9 Number of medical emergencies responded 9,995 11,015 10,694 10,545 1 0,993 11,078 10,835 11,124 12,285 12,051 Total calls for service 12,163 13,286 12,828 16,756 16,553 17,109 17, 010 17,311 19,127 19,395 Police:

Law violations: (Note 2)
Physical arrests (adult and juvenile) 4,321 3,295 4,057 3,7 34 4,554 4,061 4,417 4,297 3,132 3,311 Traffic citations 2,207 1,839 2,702 3,036 4,187 3,180 4,024 3,3 86 2,343 4,149 Public works (Note 4):

Total building permits issued 5,796 5,715 5,854 6,226 6,387 6,621 5,74 4 7,277 7,449 6,450 Total square feet of street maintenance performed 4,452,658 1,971 ,986 3,468,666 12,190,840 1,564,362 2,866,227 2,713,778 880,033 3,035,171 6,947,598 Parks and Recreation (Note 3):

Community services:

Total attendance in Youth/Adult/Senior programs 233,598 240,576 24 6,331 209,619 213,916 210,091 133,900 70,215 206,512 246,996 Total attendance at aquatic facilities 324,918 357,064 316,994 428, 744 451,127 467,324 276,413 163,447 298,852 289,048 Library (Note 1):

Number of materials checked out (Note 3) 1,273,880 1,252,039 1,306,844 1,339,684 1,221,101 1,149,134 975,554 948,772 1,183,830 1,295,497 Water:

Average daily consumption (in million gallons) 28.00 23.01 20.70 23.25 25.77 25.40 26.96 29.28 26.46 25.27 Number of backflow devices tested 4,520 4,854 5,093 5,183 5,200 5,054 4,999 5,053 5,440 5,453 Number of meters sold 569 824 848 1,044 1,100 914 1,432 1,222 1,714 1,570 Wastewater:

Number of miles of sewer mains flushed 335 284 266 294 283 273 264 296 289 301 % of preventative work order hours 35.8% 41.3% 38.4% 46.4% 45.7% 48.1 % 47.9% 43.5% 51.1% 55.1% Solid waste:

Tons of solid waste collected 92,101 94,308 101,794 117,594 115,548 1 39,501 139,061 139,683 145,499 142,195 Notes:
1 - The Library totals include Downtown Library, Maidu Library and Riley Library. The libraries were closed on Fridays between fiscal year 2018 and 2019. 3 - Fiscal year 2021 indicators were impacted by COVID-19 pandemic restrictions which resulted in staff shortages in Parks and Recreation, aquatic facilities and community services. 4 - New home production resulted in an increase in Building permits. The total square feet of street maintenance performed decreased in fiscal year 2021 due to a large decrease in contract work performed.
5 - Roseville Aquatic Complex was closed to the public for most of fiscal year 2023 and Mike Shellito Indoor Pool (MSIP) was closed to the public for the latter half of fiscal year 2023. 2 - The City restated Police law violations in fiscal year 2016 and 2017.

CITY OF ROSEVILLE

OPERATING INDICATORS BY FUNCTION/PROGRAM
Last Ten Fiscal Years
Source: City of Roseville Department Staff
212
Fiscal Year
Function/Program 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Public safety:

Fire stations 88888888 8 8
Police stations 11111111 1 1
Number of Police patrol vehicles (Note 1) 64 67 77 91 88 93 97 99 99 95 Public works:

Miles of streets 440 458 465 470 478 480 485 498 514 519 Number of traffic signals 167 171 175 180 183 187 188 189 191 192 Park and recreation: (Note 2)
Community services:

Golf courses (18 holes) 22222222 2 2
P a r k s 6 66 66 66 87 17 27 67 9 8 1 84
Open Spaces/Preserves 3,730 3,801 3,801 3,895 3,910 3,910 3,910 3,910 3, 913 3,992 Recreation Facilities (Community Centers and Pools) 7 7 7 7 7 7 7 7 9 7 Libraries 3 3 3 3 3 3 3 3 3 3
Adventure Clubs 17 17 17 18 18 18 19 19 20 21
Water:

Miles of water mains 570 583 592 608 621 635 650 681 690 704 Fire hydrants 4,545 4,654 4,735 4,763 5,007 5,087 5,212 5,443 5,526 5,641 Wastewater:

Miles of sanitary sewers 491 497 505 517 529 542 552 577 586 598 Miles of storm drain 344 353 366 372 381 390 401 421 428 434 Solid waste:

Number of new residential
refuse customers 475 601 787 822 1,068 926 859 1,054 1,612 1,579 Electric:

Number of residential customers 49,013 49,851 50,784 51,638 52,789 53,868 54,687 56,549 58,359 59,760 Number of commercial customers 6,666 6,673 6,700 6,759 6,812 6,884 6,975 7,059 7,133 7,194 2 - In FY 2021 Roseville's Parks, Recreation and Libraries D epartment changed the listed capital assets to be more relevant. Parks were separated from Recreation Facilities (Community Centers and Pools) and Open Spaces/Preserves replaced Miles of Creek, which are a part of the open spaces and preserves. Adventure Club buildings were

CITY OF ROSEVILLE

CAPITAL ASSET STATISTICS BY FUNCTION/PROGRAM
Last Ten Fiscal Years
added as it is a city-owned asset.
1 - Prior to fiscal year (FY) 2017, the City only reported acti ve patrol vehicles. In FY 2017 the City began reporting active patrol vehicles, which includes all police department vehicles that are patrolling the streets including undercover, community services, ani mal control, and citizens on patrol volunteer. No additional c ars were purchased in FY 2017.

Notes:

Source: City of Roseville Department Staff
213

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214

CITY OF ROSEVILLE, CALIFORNIA
FOR THE FISCAL YEAR ENDED JUNE 30, 2023 SINGLE AUDIT REPORT

CITY OF ROSEVILLE, CALIFORNIA

Single Audit Report

For the Fiscal Year Ended June 30, 2023

CITY OF ROSEVILLE, CALIFORNIA

Single Audit Report

For the Fiscal Year Ended June 30, 2023

Table of Contents

Page
Number

Independent Auditors’ Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards ......................................................................................... 1

Independent Auditors’ Report on Compliance for Each Major Program and on Internal Control Over Compliance; and Report on Schedule of Expenditures of Federal Awards Required by the Uniform Guidance ....................................................................................................... 2

Schedule of Expenditures of Federal Awards for the
Fiscal Year Ended June 30, 2023 ...................................................................................................................... 5

Notes to the Schedule of Expenditures of Federal Awards ................................................................................... 6

Schedule of Findings and Questioned Costs for the
Fiscal Year Ended June 30, 2023 ...................................................................................................................... 7

Summary Schedule of Prior Year Findings and Questioned Costs for the Fiscal Year Ended June 30, 2022 ...................................................................................................................... 9

1611 E. Fourth Street, Suite 200
Santa Ana, CA 92701
(714) 569-1000
203 N. Brea Blvd, Suite 203
Brea, CA 92821
(714) 672-0022
21 Waterway Avenue, Suite 30089
The Woodlands, TX 77380
(936) 828-4587
2151 River Plaza Dr., Suite 150
Sacramento, CA 95833
(916) 503-9691
24422 Avenida de la Carlota, Suite 275
Laguna Hills, CA 92653
(949) 829-8299
www.lslcpas.com

INDEPENDENT AUDITORS’ REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON

COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN

ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS

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

We have audited, in accordance with the auditing standards gene rally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund i nformation of the City of Roseville, California (the “City”), as of and for the year ended June 30, 2023, and t he related notes to the financial statements, which collectively comprise the City’s basic financial statements, an d have issued our report thereon dated March 25, 2024.

Report on Internal Control over Financial Reporting

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

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

Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies and therefore, material weaknesses or significant deficiencies may exist that were not identified. We identified a certain deficiency in internal control, described in the accompanying schedule of findings and responses as item 2023-001 that we consider to be a material weakness.

Report on Compliance and Other Matters

As part of obtaining reasonable assurance about whether the City’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and ma terial effect on the financial statements.

However, providing an opinion on compliance with those provisio ns was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.

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

City of Roseville’s Response to Findings

Government Auditing Standards requires the auditor to perform limited procedures on the City ’s response to the findings identified in our audit and described in the accompanying schedule of findings and responses. The City’s response was not subjected to the other auditing procedures app lied in the audit of the financial statements and, accordingly, we express no opinion on the response.

Purpose of This Report

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

Sacramento, California
March 25, 2024
2 1611 E. Fourth Street, Suite 200
Santa Ana, CA 92701
(714) 569-1000
203 N. Brea Blvd, Suite 203
Brea, CA 92821
(714) 672-0022
21 Waterway Avenue, Suite 30089
The Woodlands, TX 77380
(936) 828-4587
2151 River Plaza Dr., Suite 150
Sacramento, CA 95833
(916) 503-9691
24422 Avenida de la Carlota, Suite 275
Laguna Hills, CA 92653
(949) 829-8299
www.lslcpas.com
INDEPENDENT AUDITORS’ REPORT ON COMPLIANCE FOR EACH MAJOR PROGRAM AND ON INTERNAL

CONTROL OVER COMPLIANCE AND REPORT ON SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS

REQUIRED BY THE UNIFORM GUIDANCE
To the Hon
orable Mayor and Members of the City Council
City of Roseville
, California
Report on Compliance for Each Major Federal Program
Opinion on Each Major Federal Program
We have audited City of Roseville, California (the “City”)’s compliance with the types of compliance requirements identified as subject to audit in the OMB Compliance Supplement that could have a direct and material effect on each of the City’s major federal programs for the year ended June 30, 2023. The City’s major federal programs are identified in the summary of auditor’s results section of the a ccompanying schedule of findings and questioned costs.

In our opinion, the City complied, in all material respects, wi th the types of compliance requirements referred to above that could have a direct and material effect on each of i ts major federal programs for the year ended June 30, 2023.

Basis for Op
inion on Each Major Federal Program
We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and the audit requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Our responsibilities under those standards and the Uniform Guidance are further described in the Auditor’s Responsibilities for the Audit of Compliance section of our report.

We are required to be independent of the City and to meet our o ther ethical responsibilities, in accordance with relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion on complianc e for each major federal program. Our audit does not provide a legal determination of the City’s compliance with the compliance requirements referred to above.

Responsibilities of Management for Compliance
Management is responsible for compliance with the requirements referred to above and for the design, implementation, and maintenance of effective internal control o ver compliance with the requirements of laws, statutes, regulations, rules, and provisions of contracts or grant agreements applicable to the City’s federal programs.

Auditor’s Responsibilities for the Audit of Compliance
Our objectives are to obtain reasonable assurance about whether material noncompliance with the compliance requirements referred to above occurred, whether due to fraud o r error, and express an opinion on the City’s compliance based on our audit. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with generally accepted auditing standards,

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

Government Auditing Standards , and the Uniform Guidance will always detect material noncompl iance when it exists. The risk of not detecting material noncompliance result ing from fraud is higher than for that resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Noncompliance with the compliance requirements referre d to above is considered material if there is a substantial likelihood that, individually or in the aggregate, it would influence the judgment made by a reasonable user of the report on compliance about the City’s compliance with the requirements of each major federal program as a whole.

In performing an audit in accordance with generally accepted auditing standards, Government Auditing Standards, and the Uniform Guidance, we:

 Exercise professional judgment and maintain professional skept icism throughout the audit.

 Identify and assess the risks of material noncompliance, wheth er due to fraud or error, and design and perform audit procedures responsive to th ose risks. Such procedures inc lude examining, on a test basis, evidence regarding the City’s compliance with the compliance requirements referred to above and performing such other procedures as we considered necessary in the circumstances.

 Obtain an understanding of the City’s internal control over co mpliance relevant to the audit in order to design audit procedures that are appropriate in the circumstances and to test and report on internal control over compliance in accordance with the Uniform Guidance, but not for the purpose of expressing an opinion on the effectiveness of the City’s internal control over compliance. Accordingly, no such opinion is expressed.

We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and any significant deficiencies and material weaknesses in internal control over compliance that we identified during the audit.

Report on Internal Control over Compliance

A deficiency in internal control over compliance exists when the design or operation of a control over complian ce does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, noncompliance with a type of compliance requirement of a federal program on a timely basis.

A material weakness in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance, such that there is a reasonable possibility that material noncompliance with a type of compliance requirement of a federal program will not be prevented, or detected and corrected, on a timely basis. A significant deficiency in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance with a type of compliance requirement o f a federal program that is less severe than a material weakness in internal control over compliance, yet impo rtant enough to merit attention by those charged with governance.

Our consideration of internal control over compliance was for t he limited purpose described in the Auditor’s Responsibilities for the Audit of Compliance section above and was not designed to identify all deficiencies in internal control over compliance that might be material weaknes ses or significant deficiencies in internal control over compliance. Given these limitations, during our audit we d id not identify any deficiencies in internal control over compliance that we consider to be material weaknesses, as defined above. However, material weaknesses or significant deficiencies in internal control over compliance may exist that were not identified.

Our audit was not designed for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, no such opinion is expressed.

The purpose of this report on internal control over compliance is solely to describe the scope of our testing of internal control over compliance and the results of that testing based on the requirements of the Uniform Guidance.

Accordingly, this report is not suitable for any other purpose. 4 To the Honorable Mayor and Members of the City Council City of Roseville, California

Report on Schedule of Expenditures of Federal Awards Required by the Uniform Guidance

We have audited the financial st atements of the governmental ac tivities, the business-type activities, each major fund, and the aggregate remaining fund information of the City, as of and for the year ended June 30, 2023, and the related notes to the financial statements, which collectively comprise the City’s basic financial statements. We issued our report thereon dated March 25, 2024, which contained unmodified opinions on those financial statements. Our audit was performed for the purpose of forming opinions on the financial statements that collectively comprise the basic financial st atements. The accompanying schedule of expenditures of federal awards is presented for purposes of additional analysis as required by the Uniform Guidance and is not a required part of the basic financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the basic financial statements. The information has been subjected to the auditing procedures applied in the audit of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statement s or to the basic financial statements themselves, and other additional procedures in accordance with auditing sta ndards generally accepted in the United States of America. In our opinion, the schedule of expenditures of federal awards is fairly stated in all material respects in relation to the basic financial statements as a whole.

Sacramento, California
March 25, 2024
5 CITY OF ROSEVILLE
Schedule of Expenditures of Federal Awards
For the Fiscal Year Ended June 30, 2023
Assistance Amounts Passed
Listing Pass-Through Federal Through to
Federal Grantor/Pass-Through Grantor/Program Title Number Unique Entity ID Expenditures Subrecipients U.S. Department of Housing and Urban Development
Direct Programs
Housing Voucher Cluster*
Section 8 Housing Choice Vouchers 14.871 N/A 8,874,558 $ -$ Total Housing Voucher Cluster* 8,874,558 -
CDBG - Entitlement Grants Cluster
Community Development Block Grants/Entitlement Grants 14.218 N/A 1 ,212,869 - Community Development Block Grants/Entitlement Grants - Program Income 14.218 N/A 82,074 - Community Development Block Grants/Entitlement Grants - Beginning Loan Balance 14.218 N/A 2,280,676 - Subtotal Assistance Listing Number 14.218 3,575,619 - Total CDBG - Entitlement Grants Cluster 3,575,619 - Home Investment Partnership Program 14.239 L4JQPJ7N5NT4 38,627 - Home Investment Partnership Program - Current Year Loans Issued 14.239 L4JQPJ7N5NT4 51,695 - Home Investment Partnership Program - Beginning Loan Balance* 14.239 L4JQPJ7N5NT4 8,058,955 - Subtotal Assistance Listing Number 14.239 8,149,277 - Total Home Investment Partnership Program 8,149,277 - Total Department of Housing and Urban Development 20,599,454 - U.S. Department of Justice
Direct Programs
Edward Byrne Memorial Justice Assistance Grant 16.738 N/A 19,724 - Equitable Sharing Program 16.922 N/A 8,531 - Total Department of Justice 28,255 -
U.S. Department of Transportation
Direct Programs
Federal Transit Cluster
Federal Transit - Formula Grants (Urbanized Formula Program) 20.507 N/A 1,473,840 - Federal Transit - Formula Grants (Urbanized Formula Program) - Program Income 20.507 N/A 51,268 - Subtotal Assistance Listing Number 20.507 1,525,108 - Total Federal Transit Cluster 1,525,108 -
Passed through the California Department of Transportation Highway Planning and Construction 20.205 D2C8ARJZKDJ7 5,653,379 - Minimum Penalties for Repeat Offenders for Driving While Intoxicated 20.608 N4YFFGL4CDX5 37,591 - Passed through the California Department of Transportation Highway Safety Cluster
State and Community Highway Safety 20.600 D2C8ARJZKDJ7 39,863 - Total Highway Safety Cluster 39,863 -
Total Department of Transportation 7,255,941 -
U.S. Department of Treasury
Coronavirus State and Local Fiscal Recovery Funds 21.027 RN15SP9C PJE6 3,813,564 - Total Department of Treasury 3,813,564 -
U.S. Department of Health and Human Services
CCDF Cluster
Child Care and Development Block Grant 93.575 HWECY7CDW9Y7 537,431 - Child Care Mandatory and Matching Funds of the Child Care and Development Fund 93.596 HWECY7CDW9Y7 76,047 - Total CCDF Cluster 613,478 -
Total Department of Health and Human Services 613,478 - U.S. Department of Homeland Security
Disaster Grants - Public Assistance (Presidentially Declared Disasters) 97.036 UTM3S7LKYQZ4 529,297 - Hazard Mitigation Grant 97.039 UTM3S7LKYQZ4 42,759 - Emergency Management Performance Grants 97.042 L786NC553FC1 130,937 - Homeland Security Grant Program* 97.067 L786NC553FC1 81,000 - Homeland Security Grant Program* 97.067 UEBEEPV69B58 397,940 - Subtotal Assistance Listing Number 97.067 478,940 - Total Department of Homeland Security 1,181,933 - Total Expenditures of Federal Awards 33,492,625$ - $ * Major Program
Note a: There were no federal awards expended in the form of noncash assistance and insurance in effect during the year.

Passed through the California Department of Housing and Community Development Passed through the State of California
Passed through the California Department of Education
Passed through the County of Placer
Passed through the California Governor's Office of Emergency Services Passed through the City of Sacramento
Passed through the County of Placer
The notes to the schedule of expenditures of federal awards are an integral part of this schedule. 6 CITY OF ROSEVILLE
Notes to the Schedule of Expenditures of Federal Awards For the Fiscal Year Ended June 30, 2023

NOTE 1: BASIS OF PRESENTATION

The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of the City of Roseville, California (City) under programs of the federal government for the year ended June 30, 2023.

The information in this Schedule is presented in accordance wit h the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Pr inciples, and Audit requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the City, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City.

NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Expenditures reported in the Schedule are reported on the modified accrual basis of accounting for the governmental funds and the accrual basis of accounting for the proprietary funds, except for subrecipient expenditures, which are recorded on the cash basis. Such expenditures are recognized fo llowing the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.

Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in the Schedule.

NOTE 3: INDIRECT COST RATE

The City has not elected to use the 10-percent de minimis indirect cost rate.

NOTE 4: LOAN PROGRAMS WITH CONT INUING COMPLIANCE REQUIREMENTS

The loans listed below are administered directly by the City, and balances and transactions relating to these programs are included in the City’s basic financial statements. Loans ma de during the fiscal year, if any, are included in the federal expenditures presented in the Schedule of Expenditures of Federal Awards. The balance of loans outstanding at June 30, 2023, consists of:

Assistance
Listing
Number Pro gram Name
Outstanding
Balance at
June 30, 2023

14.218 CDBG - Entitlement Grants Cluster 2,413,825 $

14.239 HOME Investment Partnership Program 7,728,207
Total Loans Outstanding 10,142,032 $

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9 Finance
311 Vernon Street
Roseville, California 95678-2649

SUMMARY SCHEDULE OF PRIOR YEAR FINDINGS AND QUESTIONED COSTS FOR THE FISCAL YEAR ENDED JUNE 30, 2022

Reference Number: 2022-001

Status of Finding: This matter is considered resolved in the current year.

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34 California Health & Human Services Agency California Department of Social Services AUD 9500 ( /23) Page 1 of 5

AUDITED ENROLLMENT, ATTENDANCE AND FISCAL REPORT

FOR CHILD CARE AND DEVELOPMENT PROGRAMS
Audit Report Page
Full Name of Contractor
Section 1 - Number of Counties Where Services are Provided Number of counties where the agency provided services to certif ied children (Form AUD 9500.1):

Number of counties where the agency provided mental health cons ultation services to certified children (Form AUD 9500.2):

Number of counties where the agency provided services to non-ce rtified children (Form AUD 9500.3):

Number of counties where the agency provided mental health cons ultation services to non-certified children (Form AUD 9500.4):

Total enrollment and attendance forms to attach:

Note: For each of the above categories, submit one form for eac h service county for the fiscal year.

Section 2 - Days of Enrollment, Attendance and Operation Column A
Cumulative FY
CDNFS 9500
Column B
Audit
Adjustments
Column C
Cumulative
per Audit
Column D
Adjusted Days
per Audit
Total Certified Days of Enrollment
Total Certified Days of Enrollment with Mental Health Consultation Services Days of Attendance (including MHCS)
Total Non-Certified Days of Enrollment
Total Non-Certified Days of Enrollment with Mental Health Consultation Services Days of Operation
Fiscal Year Ending June 30, 2023
Contract Number
Vendor Code
CCTR-1173
2191
City of Roseville School-Age Child Care Program
1 0
0 0
1 9,163 9163 6,452.2900
248 248 N/A
3,485.6000
248 248 N/A
35 35
California Health & Human Services Agency California Department of Social Services AUD 9500 ( /23) Page 2 of 5
Audit Report Page
Full Name of Contractor Contract Number
Column A
Cumulative FY
CDNFS 9500
Column B
Audit
Adjustments
Column C
Cumulative
per Audit
Restricted Income - Child Nutrition Programs
Restricted Income - County Maintenance of Effort (WIC Section 1 0308.5) Restricted Income - American Rescue Plan Act (ARPA)
Restricted Income - Other:

Restricted Income - Subtotal
Transfer From Reserve
Waived Family Fees for Certified Children
Interest Earned on Child Development Apportionment Payments Unrestricted Income - Fees for Non-Certified Children
Unrestricted Income - Head Start
Unrestricted Income - Other:

Section 3 - Revenue
Comments:

City of Roseville School-Age Child Care Program CCTR-1173 53,341 53341
214,982 214982
214982 214982
36 36
California Health & Human Services Agency California Department of Social Services AUD 9500 ( /23) Page 3 of 5
Audit Report Page
Full Name of Contractor Contract Number
Approved Indirect Cost Rate:

NO SUPPLEMENTAL REVENUE / EXPENSES Check this box and omit page 4.

Column A
Cumulative FY
CDNFS 9500
Column B
Audit
Adjustments
Column C
Cumulative
per Audit
Direct Payments to Providers (FCCH only)
1000 Certificated Salaries
2000 Classified Salaries
3000 Employee Benefits
4000 Books and Supplies
5000 Services and Other Operating Expenses
6100/6200 Other Approved Capital Outlay
6400 New Equipment (program-related)
6500 Equipment Replacement (program-related)
Depreciation or Use Allowance
Start-up Expenses (service level exemption)
Budget Impasse Credit
Indirect Costs (include in Total Administrative Cost)
Non-Reimbursable (State use only)
Total Reimbursable Expenses
Total Administrative Cost (included in Section 4 above) Total Staff Training Cost (included in Section 4 above) Section 4 - Reimbursable Expenses
City of Roseville School-Age Child Care Program CCTR-1173 409,921 409921
200,986 200986
26,938 26938
252,862 252862
57,080 57080
947787 947787
451,080 216,907 667987
37 37
California Health & Human Services Agency California Department of Social Services AUD 9500 ( /23) Page 4 of 5
Audit Report Page
Full Name of Contractor Contract Number
Column A
Cumulative FY
CDNFS 9500
Column B
Audit
Adjustments
Column C
Cumulative
per Audit
Enhancement Funding
Other:

Other:

Total Supplemental Revenue
Column A
Cumulative FY
CDNFS 9500
Column B
Audit
Adjustments
Column C
Cumulative
per Audit
1000 Certificated Salaries
2000 Classified Salaries
3000 Employee Benefits
4000 Books and Supplies
5000 Services and Other Operating Expenses
6000 Equipment / Capital Outlay
Depreciation or Use Allowance
Indirect Costs
Non-Reimbursable Supplemental Expenses
Total Supplemental Expenses
Section 5 - Supplemental Revenue
Section 6 - Supplemental Expenses
City of Roseville School-Age Child Care Program CCTR-1173 38 38
California Health & Human Services Agency California Department of Social Services AUD 9500 ( /23) Page 5 of 5
Audit Report Page
Full Name of Contractor Contract Number
Column A
Cumulative FY
CDNFS 9500
Column B
Audit
Adjustments
Column C
Cumulative
per Audit
Total Certified Days of Enrollment (including MHCS)
Days of Operation
Days of Attendance (including MHCS)
Restricted Program Income
Transfer from Reserve
Waived Family Fees for Certified Children
Interest Earned on Child Development Apportionment Payments Direct Payments to Providers
Start-up Expenses (service level exemption)
Total Reimbursable Expenses
Total Administrative Cost
Total Staff Training Cost
Section 7 - Summary
Total Certified Adjusted Days of Enrollment (including MHCS) Total Non-Certified Adjusted Days of Enrollment (including MHCS) Independent auditor’s assurances on agency’s compliance with co ntract funding terms and conditions and program requirements fo r programs that transferred to the California Department of Social Services on July 1, 2021 pursuant to WIC Section 10203(b):

Eligibility, enrollment and attendance records are being maintained as required (select YES or NO from the drop-down box):

Reimbursable expenses claimed on page 3 are eligible for reimbu rsement, reasonable, necessary, and adequately supported (select YES or NO from the drop-down box):

Include any comments in the comments box on page 2. If necessar y, attach additional sheets to explain adjustments.

City of Roseville School-Age Child Care Program CCTR-1173 9163 9163
248 248
248 248
53341 53341
947787 947787
451080 216907 667987
6,452.2900
3,485.6000
Yes
Yes
39 39
California Health & Human Services Agency California Department of Social Services AUD 9500.1 (6/23) Page 1 of 2

CHILD CARE AND DEVELOPMENT PROGRAMS

CERTIFIED CHILDREN DAYS OF ENROLLMENT AND

ATTENDANCE
Full Name of Contractor
Service County:

Fiscal Year Ending June 30, 2023
Contract Number
Vendor Code
Column A
Cumulative FY
CDNFS 9500
Column B
Audit
Adjustments
Column C
Cumulative
per Audit
Column D
Adjustment
Factor
Column E
Adjusted Days
per Audit
Infants (up to 18 months) Full-time-plus
Infants (up to 18 months) Full-time
Infants (up to 18 months) One-half-time
Toddlers (18 up to 36 months) Full-time-plus
Toddlers (18 up to 36 months) Full-time
Toddlers (18 up to 36 months) One-half-time
Three Years and Older Full-time-plus
Three Years and Older Full-time
Three Years and Older One-half-time
Exceptional Needs Full-time-plus
Exceptional Needs Full-time
Exceptional Needs One-half-time
Audit Report Page
CCTR-1173
2191
City of Roseville School-Aged Child Care Program
Placer

2.8792

2.4400

1.3420

2.1240

1.8000

0.9900
218 218 1.1800 257.2400
2,834 2834 1.0000 2834.0000
6,111 6111 0.5500 3361.0500

1.8172

1.5400

0.8470
40 40
California Health & Human Services Agency California Department of Social Services

Audit Report Page
Full Name of Contractor Contract Number
Column A
Cumulative FY
CDNFS 9500
Column B
Audit
Adjustments
Column C
Cumulative
per Audit
Column D
Adjustment
Factor
Column E
Adjusted Days
per Audit
Dual Language Learner Full-time-plus
Dual Language Learner Full-time
Dual Language Learner One-half-time
At Risk of Abuse or Neglect Full-time-plus
At Risk of Abuse or Neglect Full-time
At Risk of Abuse or Neglect One-half-time
Severely Disabled Full-time-plus
Severely Disabled Full-time
Severely Disabled One-half-time
Total Certified Days of Enrollment
Days of Attendance
Enter the sum of Total Certified Days of Enrollment from Form AUD9500.1(s) in the Total Certified Days of Enrollment line of AUD 9500, Section 2.

Enter the sum of Days of Attendance from all Form AUD9500.1(s) and Form AUD9500.2(s) in the Days of Attendance line of AUD 9500, Section 2.

City of Roseville School-Aged Child Care Program CCTR-1173

1.2980

1.1000

0.5500

1.2980

1.1000

0.5500

2.2774

1.9300

1.0615
9163 9163 N/A 6452.2900
248 248 N/A N/A
41 41
AUD 9530A (4/23)
California Health & Human Services Agency California Department of Social Services

AUDITED RESERVE ACCOUNT

ACTIVITY REPORT
Fiscal Year End
Reserve Account Type
Vendor Code
Full Name of Contractor
Section 1 - Prior Year Reserve Account Activity

1. Beginning Balance (2021–22 AUD 9530A Ending Balance)

2. Plus Transfers to Reserve Account: Per 2021–22 Post-Audit CDNFS 9530 Contract No.

Contract No.

Contract No.

Contract No.

Contract No.

Contract No.

Total Transferred from 2021–22 Contracts to Reserve

3. Less Excess Reserve to be Billed

4. Ending Balance per 2021-22 Post-Audit CDNFS 9530
Section 2 - Current Year (2022–23) Reserve Account Activity Column A
CDNFS
9530A
Column B
Audit
Adjustments
Column C
per Audit

5. Plus Interest Earned This Year on Reserve:

6. Less Transfers to Contracts from Reserve:

Contract No.

Contract No.

Contract No.

Contract No.

Contract No.

Contract No.

Total Transferred to Contracts from Reserve Account

7. Ending Balance on June 30, 2023
COMMENTS - If necessary, attach additional sheets to explain adjustments.

Audit Report Page

June 30, 2023
Center-Based
312191
City of Roseville
118
118
2 2
120 120
42 42
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47 1611 E. Fourth Street, Suite 200
Santa Ana, CA 92701
(714) 569-1000
203 N. Brea Blvd, Suite 203
Brea, CA 92821
(714) 672-0022
21 Waterway Avenue, Suite 30089
The Woodlands, TX 77380
(936) 828-4587
2151 River Plaza Dr., Suite 150
Sacramento, CA 95833
(916) 503-9691
24422 Avenida de la Carlota, Suite 275
Laguna Hills, CA 92653
(949) 829-8299
www.lslcpas.com
INDEPENDENT ACCOUNTANTS’ REPORT ON AGREED-UPON

PROCEDURES APPLIED TO APPROPRIATIONS LIMIT WORKSHEETS

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

We have performed the procedures enumerated below on the accomp anying Appropriations Limit Worksheet No. 6 (or other alternative computation) of the City of Roseville, California, for the year ended June 30, 2024. These procedures are the responsibility of the City, which were agreed to by the City of Roseville and the Lea gue of California Cities (as p resented in the publication entitled Agreed-Upon Procedures Applied to the Appropriations Limitation Prescribed by Article XIII-B of the California Constitution), were performed solely to assist the C ity of Roseville in meeting the requirements of Section 1.5 of Article XIII-B of the California Constitution . The City of Roseville's management is responsible for the Appropriations Limit Worksheet No. 6 (or other alternative computation).

The City has agreed to and acknowledged that the procedures performed are appropriate to meet the intended purpose of recomputing th e Appropriations Limit Worksh eet No. 6 (or other alternative computation). This report may not be suitable for any other purpose. The procedures performed may not address all the items of interest to a user of this report and may not meet the needs of all users of this report and, as such, users are responsible for determining whet her the procedures performed are appropriate for their purposes.

The procedures performed and our findings were as follows:

1. We obtained the completed Worksheets No. 1 through No. 7 (or other alternative computations) and compared the limit and annual adjustment factors included in th ose worksheets to the limit and annual adjustment factors that were adopted by resolution of the City Council. We also compared the population and inflation options included in the aforementioned worksheets to those that were selected by a recorded vote of the City Council.

Finding: No exceptions were noted as a result of our procedures.

2. For the accompanying Appropriations Limit Worksheet No. 6, w e multiplied line A, last year's limit, by line D, ratio of change and compared the resulting amount to line E, this year's limit.

Finding: No exceptions were noted as a result of our procedures.

3. We compared the current year information presented in the ac companying Appropriations Limit Worksheet No. 6 to the other worksheets described in No. 1 above.

Finding: No exceptions were noted as a result of our procedures.

4. We compared the prior year appropriations limit presented in the accompanying Appropriations Limit Worksheet No. 6 to the prior year appropriations limit adopted by the City Council for the prior year.

Finding: No exceptions were noted as a result of our procedures.

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

We were engaged by the City to perform this agreed-upon procedu res engagement and conducted our engagement in accordance with attestation standards established by the AICPA. We were not engaged to and did not conduct an examination or review engagement, the objective of which would be the expression of an opinion or conclusion, respectively, on the ac companying Appropriations Limit Worksheet No. 6 (or other alternative computation). Accordingly , we do not express such an opinion or conclusion. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you.

We are required to be independent of the City and to meet our o ther ethical responsibilities, in accordance with the relevant ethical requirements related to our agreed-upon procedures engagement.

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

Sacramento, California
July 12, 2023

CITY OF ROSEVILLE
2023-2024

APPROPRIATIONS LIMIT CALCULATION

A. 2022-2023 APPROPRIATIONS LIMIT: $220,864,716

B. 2023-2024 CHANGE IN PER CAPITA
PERSONAL INCOME: 4.44%

C. 2023-2024 CHANGE IN POPULATION: 0.98%

D. RATIO OF CHANGE (1.04 44 X 1.0098): 1.0546

E. 2023-2024 APPROPRIATIONS LIMIT: $232,923,929
($220,864,716 X 1.0546)

1611 E. Fourth Street, Suite 200
Santa Ana, CA 92701
(714) 569-1000
203 N. Brea Blvd, Suite 203
Brea, CA 92821
(714) 672-0022
21 Waterway Avenue, Suite 30089
The Woodlands, TX 77380
(936) 828-4587
2151 River Plaza Dr., Suite 150
Sacramento, CA 95833
(916) 503-9691
24422 Avenida de la Carlota, Suite 275
Laguna Hills, CA 92653
(949) 829-8299
www.lslcpas.com

March 25, 2024

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

We have audited the financial statements of the governmental ac tivities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of Roseville, California (the “City”) for the year ended June 30, 2023. Professional standards require that we provide you with information about our responsibilities under generally accepted auditing standards Government Auditing Standards and the Uniform Guidance, as well as certain information related to the planned scope and timing of our audit. We have communicated such information in our letter to you dated March 25, 2024. Professional standar ds also require that we communicate to you the following information related to our audit.

Significant Audit Matters

Qualitative Aspects of Accounting Practices

Management is responsible for the selection and use of appropriate accounting policies. The significant accounting policies used by the City are described in Note 1 to the financial statements. As described in Note 1 to the financial statements, the City changed accounting policies related to sub scription-based information technology arrangements by adopting Statement of Governmental Accounting Standards (GASB Statement) No. 96, in fiscal year 2022-2023. Accordingly, the cumulative effect of the accou nting change as of the beginning of the year is reported in the financial state ments. We noted no transactions entered into by the City during the year for which there is a lack of authoritative guidance or consensus. All sig nificant transactions have been recognized in the financial statements in the proper period.

Accounting estimates are an integral part of the financial stat ements prepared by management and are based on management’s knowledge and experience about past and current events and assumptions about future events.

Certain accounting estimates are particularly sensitive because of their significance to the financial statements and because of the possibility that future events affecting them may differ significantly from those expected. The most sensitive estimates affecting the City’s financial statements were:

Management’s estimates of the net pension liability, net other postemployment benefits liability, and self-insurance liability are based on actuarial valuation estim ates. We evaluated the methods, assumptions, and data used to develop the actuarial valuation e stimates in determining that they are reasonable in relation to the financial statements taken as a whole.

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

Difficulties Encountered in Performing the Audit

We encountered no significant difficulties in dealing with management in performing and completing our audit.

Corrected and Uncorrected Misstatements

Professional standards require us to accumulate all known and l ikely misstatements identified during the audit, other than those that are clearly trivial, and communicate them to the appropriate level of management. We are pleased to report that no such misstatements were identified during the course of our audit.

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

Disagreements with Management

For purposes of this letter, a disagreement with management is a financial accounting, reporting, or auditing matter, whether or not resolved to our satisfaction, that could be sign ificant to the financial statements or the auditor’s report. We are pleased to report that no such disagreements arose during the course of our audit.

Management Representations

We have requested certain representations from management that are included in the management representation letter dated March 25, 2024.

Management Consultations with Other Independent Accountants

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

Other Audit Findings or Issues

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

Other Matters

We applied certain limited procedures to management’s discussio n and analysis, the budgetary comparison schedule for the General Fund, the modified approach to reporting street pavement costs, and the required pension and other post-employment benefits schedules, as listed in the Annual Comprehensive Financial Report’s table of contents, which are required supplementary information (RSI) that supplements the basic financial statements. Our procedures consisted of inquiries of management regarding the methods of preparing the information and comparing the information for consistency with management’s res ponses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We did not audit the RSI and do not express an opinion or provide any assurance on the RSI.

We were engaged to report on the combining and individual nonma jor fund financial statements and schedules which accompany the financial statements but are not RSI. With respect to this supplementary information, we made certain inquiries of management and evaluated the form, content, and methods of preparing the information to determine that the information complies with accounting prin ciples generally accepted in the United States of America, the method of preparing it has not changed from the prior period, and the information is appropriate and complete in relation to our audit of the financial statements. We compared and reconciled the supplementary information to the underlying accounting records used to prepar e the financial statements or to the financial statements themselves.

We were not engaged to report on other information included in the annual report which is comprised of the introductory and statistical sections, which accompany the financial statements but are not RSI. Such information has not been subjected to the auditing procedures applied in the audit of the basic financial statements, and accordingly, we do not express an opinion or provide any assurance on it.

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

Future GASB Pronouncements

The following Government Accounting Standards Board (GASB) pronouncements will be effective for the following fiscal years’ audits and should be reviewed for proper implementation by management:

Fiscal Year 2023-2024

GASB Statement No. 99, Omnibus 2022.

Fiscal Year 2024-2025

GASB Statement No. 101, Compensated Absences.

Future Projects

Comprehensive Project, Financial Reporting Model.

Comprehensive Project, Revenue and Expense Recognition.

Major Project, Going Concern Uncertainties and Severe Financial Stress.

Major Project, Infrastructure Assets.

Practice Issue, Classification of Nonfinancial Assets.

Practice Issue, Risks and Uncertainties Disclosures.

Pre-Agenda Research Activities, Subsequent Events.

Restriction on Use

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

Very truly yours,

Sacramento, California

1611 E. Fourth Street, Suite 200
Santa Ana, CA 92701
(714) 569-1000
203 N. Brea Blvd, Suite 203
Brea, CA 92821
(714) 672-0022
21 Waterway Avenue, Suite 30089
The Woodlands, TX 77380
(936) 828-4587
2151 River Plaza Dr., Suite 150
Sacramento, CA 95833
(916) 503-9691
24422 Avenida de la Carlota, Suite 275
Laguna Hills, CA 92653
(949) 829-8299
www.lslcpas.com

INDEPENDENT AUDITORS’ REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON

COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN

ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS

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

We have audited, in accordance with the auditing standards gene rally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund i nformation of the City of Roseville, California (the “City”), as of and for the year ended June 30, 2023, and t he related notes to the financial statements, which collectively comprise the City’s basic financial statements, an d have issued our report thereon dated March 25, 2024.

Report on Internal Control over Financial Reporting

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

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

Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies and therefore, material weaknesses or significant deficiencies may exist that were not identified. We identified a certain deficiency in internal control, described in the accompanying schedule of findings and responses as item 2023-001 that we consider to be a material weakness.

Report on Compliance and Other Matters

As part of obtaining reasonable assurance about whether the City’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and ma terial effect on the financial statements.

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

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

City of Roseville’s Response to Findings

Government Auditing Standards requires the auditor to perform limited procedures on the City ’s response to the findings identified in our audit and described in the accompanying schedule of findings and responses. The City’s response was not subjected to the other auditing procedures app lied in the audit of the financial statements and, accordingly, we express no opinion on the response.

Purpose of This Report

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

Sacramento, California
March 25, 2024

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

SCHEDULE OF FINDINGS AND RESPONSES

Reference Number: 2023-001
Evaluation of Finding:

Material Weakness
Condition:

As part of our standard audit procedures, we examined the City’ s bank reconciliation process and test significant bank reconciliations. During this process, we identified that the City’s bank reconciliations were not prepared timely during the fiscal year. A majority of the bank reconciliation during the fiscal year were prepared after June 30, 2023.

The June 2023 bank reconciliation was completed during October 2023.

Criteria:

In adhering to the COSO (Committee of Sponsoring Organizations of the Treadway Commission) internal control framework, the timely execution of detective internal controls (such as bank reconciliations) emerges as a pivotal component in ensuring the effectiveness and reliability of the City's risk management and governance processes.

Detective controls play a crucial role in identifying and detec ting deviations from established policies and procedures, allowing management to promptly respond to and mitigate potential risks. Timely completion and review of bank reconciliations enhances the City's ability to detect a nomalies, errors, or fraudul ent activities swiftly, facilitating informed decision-making and preventing the escalation of issues. This proactive approach aligns with the COSO framework's principles by promoting real-time monitori ng and evaluation, ultimately contributing to the achievement of organizational objectives and the preservation of stakeholder value.

Cause of Condition:

The City suffered turnover in their finance department during the fiscal year resulting in a lack of adequate resources for internal controls to continue to function over the bank rec onciliation process. In addi tion, as the City began reviewing the bank reconciliation, further errors were noted th roughout the year and had to be revisited causing a delay.

Effect or Potential Effect of Condition:

The City’s deficiency of resources, coupled with staff changes, caused a delay in the bank reconciliation process.

As the City conducted reviews, addi tional errors were discovere d throughout the year, necessitating revisits and further contributing to the delay of the bank reconciliations.

Recommendation:

We recommend that the City reexamine the allocation of resource s to ensure the timely completion and review of bank reconciliations during the year. We recommend at minimum b ank reconciliations are performed within 60 to 90 days of the close of the period.

Management’s Response and Corrective Action:

The City agrees with LSL’s finding and recommendations and has allocated appropriate resources to ensure bank reconciliations are prepared timely moving forward.

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