Agenda, second session — San Bruno City Council, February 13, 2024 (part 1 of 2)

"The City With a Heart"
Rico E. Medina, Mayor
Michael Salazar, Vice Mayor
Sandy Alvarez, Councilmember, District 1
Tom Hamilton, Councilmember
Marty Medina, Councilmember, District 4
AGENDA
SAN BRUNO CITY COUNCIL REGULAR MEETING
February 13, 2024
7:00 PM
City Councilmembers and members of the public may attend in person at the San Bruno Senior Center, or by teleconference, via Zoom or telephone.

IN PERSON* MEETING LOCATION
San Bruno Senior Center
1555 Crystal Springs Road
San Bruno, CA 94066
*Please turn off all electronic devices before the start of the meeting to prevent disruptions*
Zoom Link
https://sanbrunocagov.zoom.us/j/86168138525?
pwd=pCnY2ZgkYQD3jPRPp_qfbKrCoR9tDg.Ql5GP9MUvCGgmM8C
Phone Line: 16465588656
Webinar ID: 861 6813 8525
Webinar Password: 078670
*Teleconference broadcasting is offered in the meeting via Zoom as a courtesy to the public.
**No public comment accepted via Zoom.

PUBLIC COMMENT: In person attendees who want to provide public comment, will be asked to fill out a speaker card and turn it into the City Clerk. Public comment may also be emailed to [email protected] . Comments received via email will not be read aloud during the meeting.

ACCESSIBILITY: In compliance with the Americans with Disabilities Act, individuals requiring special accommodations or modifications to participate in this meeting should contact the City Clerk’s Office 48 hours prior to the meeting at (650) 6167061 or [email protected] .
*Any disclosable public writings related to an open session item on a regular meeting agenda and distributed by the City to at least a majority of the City Council less than 72 hours prior to that meeting are available for public inspection at the City Clerk's Office at City Hall located at 567 El Camino Real, San Bruno, California during normal business hours. In addition, the City may also post such documents on the City’s Website at sanbruno.ca.gov/AgendaCenter .

1. CALL TO ORDER

2. ROLL CALL

3. PLEDGE OF ALLEGIANCE

4. PUBLIC COMMENTS FOR ITEMS NOT ON THE AGENDA
Individuals allowed up to three minutes, subject to the Mayor’s discretion based on the anticipated length in the meeting. It is the Council’s policy to refer matters raised in this forum to staff for investigation and/or action where appropriate. The Brown Act prohibits the Council from discussing or acting upon any matter not agendized pursuant to State Law.

5. ANNOUNCEMENTS/PRESENTATIONS
There will be a single public comment period for all items in this section a. Proclamation Honoring Distinguished Service Medal Award Recipient Officer Kendrick Liu of the San Bruno Police Department

6. CONSENT CALENDAR
All items are considered routine or implement an earlier Council action and may be enacted by one motion; there will be no separate discussion, unless requested. There will be a single public comment period for all items in this section unless a Councilmember requests to pull an item for a separate vote. a. Approve the Draft Special Meeting Minutes of February 2, 2024 and Regular Meeting Minutes for July 25, 2023
b. Approve Accounts Payable for January 22, 2024, January 29, 2024, and February 5, 2024 c. Accept Payroll for January 14, 2024 and January 28, 2024 d. Consider Adoption of a Resolution Accepting the 202223 Slurry Seal Project as Complete, Authorizing the Filing of Notice of Completion with the San Mateo County Recorder’s Office, and Authorizing the Release of the Construction Contract Retention in the Amount of $42,595.87
e. Consider Adoption of a Resolution:

Accepting the San Bruno Avenue and Cherry Avenue Intersection Improvements Project as Complete;
Authorizing the Filing of Notice of Completion with the San Mateo Recorder’s Office; and Authorizing Release of the Construction Contract Retention in the Amount of $19,666.93 f. Consider Adoption of a Resolution Establishing a No Parking Zone for Vehicles Over Six Feet Tall North of the Santa Lucia Avenue and El Camino Real Intersection; Modifying the Times for the No Stopping Zone on the North Side of Angus Avenue West from Masson Avenue to Hensley Avenue; and Finding Such Action Exempt from the California Environmental Quality Act
g. Consider Adoption of a Resolution Establishing an Award of Contract Policy and Approving Standard Form Agreements
h. Receive and File the Annual Comprehensive Financial Report, Report on AgreedUpon Procedures Applied to Appropriations Limit Schedule, and Other Required Outside Agency Reports for the Fiscal Year Ended June 30, 2023
i. Consider Adoption of an Ordinance Entitled “An Ordinance of the City Council of the City of San Bruno Amending Articles II (Subdivisions) and Article III (Zoning) of Title 12 (Land Use) for Minor Amendments and Finding Such Action Exempt from the California Environmental Quality Act”

7. CONDUCT OF BUSINESS
Public comment will be requested after each topic in this section a. Consider Adopting the Fiscal Year 202425 Top Priority Initiatives and Budget Principles, and Provide Direction on Requests for Additional Information for Initiatives that are Currently On Hold Pending Resource Allocation
b. Consider Adoption of a Resolution:

Approving the design of the Centennial Plaza Improvements; Authorizing the City Manager to Execute a Construction Contract with Suarez and Munoz Construction Inc. for the Centennial Plaza Improvement Project in an amount not to exceed $1,106,728;
Approving a construction contingency of $115,000;
Approving the procurement of a comprehensive project and construction project manager in an amount not to exceed $166,000;
Approving a budget adjustment of $576,259 from the Community Facilities Impact Fee Fund for the completion of the project; and
Determining the project is exempt under the California Environmental Quality Act

8. COUNCIL COMMITTEE REPORT OUT

9. COMMENTS FROM COUNCIL MEMBERS

10. ADJOURNMENT – The next Regular City Council Meeting will be held on February 27, 2024 at 7:00 pm.

POSTING: I declare a copy of this agenda was posted at City Hall, 567 El Camino Real, San Bruno, among other locations in the city limits of San Bruno, on February 9, 2024, by 6:00 p.m

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1. CALL TO ORDER

2. ROLL CALL

3. PLEDGE OF ALLEGIANCE

8. COUNCIL COMMITTEE REPORT OUT

9. COMMENTS FROM COUNCIL MEMBERS

10. ADJOURNMENT – The next Regular City Council Meeting will be held on February 27, 2024 at 7:00 pm.

POSTING: I declare a copy of this agenda was posted at City Hall, 567 El Camino Real, San Bruno, among other locations in the city limits of San Bruno, on February 9, 2024, by 6:00 p.m

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1. CALL TO ORDER

2. ROLL CALL

3. PLEDGE OF ALLEGIANCE

8. COUNCIL COMMITTEE REPORT OUT

9. COMMENTS FROM COUNCIL MEMBERS

10. ADJOURNMENT – The next Regular City Council Meeting will be held on February 27, 2024 at 7:00 pm.

POSTING: I declare a copy of this agenda was posted at City Hall, 567 El Camino Real, San Bruno, among other locations in the city limits of San Bruno, on February 9, 2024, by 6:00 p.m 3 of 330

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Item 5a
1 Rico E. Medina, Mayor
Michael Salazar, Vice Mayor
Sandy Alvarez, Councilmember, District 1
Tom Hamilton, Councilmember
Marty Medina, Councilmember, District 4
“The City with a Heart”

MINUTES

SAN BRUNO CITY COUNCIL SPECIAL MEETING
February 2, 2024
11:30 AM

1. CALL TO ORDER
The meeting was called to order at 11:30 am

2. ROLL CALL

3. Councilmembers Alvarez, Hamilton, M. Medina, Vice Mayor Salazar and Mayor R. Medina w
ere all present

4. STUDY SESSION
a. City Council’s Annual Strategic Initiatives & Prioritization Retreat City Manager Alex D. McIntyre introduced the item.

The following department directors provided presentations to the City Council:

Assistant City Manager Darcy smith
Chief Financial Officer Nick Pegueros
The City Council Meeting Recessed at 1:40 pm and reconvened at 1:53 pm I
nterim Director/Chief People Officer Jennifer Dianos
The City Council Meeting Recessed at 2:55 pm and reconvened at 3:04 pm No members of he public wished to address the City Council under Public Comment
No reportable action was taken

5. ADJOURNMENT
This meeting adjourned at 3:51 pm to the next Regular City Council Meeting on February 13, 2024 at 7:00 p.m.

These City Council meeting minutes were prepared by Lupita Huerta, City Clerk, and presented to the City Council for approval at the regular meeting of February 13, 2024.

Lupita Huerta
City Clerk
Rico E. Medina
Mayor
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Item 6a

Rico E. Medina, Mayor
Tom Hamilton, Vice Mayor
Sandy Alvarez, Councilmember, District 1
Marty Medina, Councilmember, District 4
Michael, Salazar, Councilmember

“The City with a Heart”

MINUTES

SAN BRUNO CITY COUNCIL REGULAR MEETING

July 25, 2023

7:00 PM

1. CALL TO ORDER

The meeting was called to order at 7:03 p.m.

2. ROLL CALL

Councilmembers Alvarez, M. Medina, Salazar, Vice Mayor Hamilton and Mayor R. Medina were all present.

3. PLEDGE OF ALLEGIANCE

Mayor R. Medina led the pledge.

4. PUBLIC COMMENT FOR ITEMS NOT ON THE AGENDA

Member of the Public Chris Bogios spoke about in adequate striping in crosswalks, the cost of the Posy Parade and the status of CityNet Services.

Member of the Public Pat Chan Miller spoke about two future housing projects and asked what the qualifications are to purchase below market rate housing.

Members of the Public Josh & Sadana spoke as downtown business owners and how beautification and events would increase foot traffic.

Member of the Public Paul Wapensky spoke about food trucks at Tanforan on Tuesdays, AB 645 which would put speeding cameras on local freeways, and a housing project update.

Member of the Public Jason spoke as a downtown business owner about opportunities to revitalize
the downtown and that it would attract San Bruno residents to support the businesses.

5. ANNOUNCEMENTS/PRESENTATIONS

a. National Night Out 2023 is on Tuesday, August 1, 2023. National Night Out is an annual community-building campaign that promotes police/community partnerships and neighborhood camaraderie to make our neighborhoods safer and more caring places to live. For more information on National Night Out, visit their website at natw.org. If you are interested in hosting an event in your neighborhood for National Night Out, contact Officer Garrison Sexson by July 28th at [email protected] or (650) 616-7100.

b. Each Friday night in August, enjoy good music and fun company at the Summer Concert Series! Concerts start at 6 p.m. near the tennis courts in San Bruno City Park.

c. Join us for the Crestmoor Multi-Use Fields Master Plan upcoming community workshop #2 scheduled for August 7, 2023, from 6 p.m. – 8 p.m. at the San Bruno Senior Center.

This workshop is the next step in defining the future vision for a new public sports field facility
on the former site of Crestmoor/Peninsula High School, where a draft master plan will be presented. More information is available at sanbruo.ca.gov/CrestmoorFields.

Item c. was added and read during the City Council meeting.

d. Receive Construction Update on the New Recreation and Aquatic Center Project.

Project Manager Rod Macaraeg presented a project update and answered questions.

Member of the Public Paul Wapensky spoke about soil contamination at the site of the Recreation & Aquatic Center Project.

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e. Receive Presentation on 4th of July Fireworks Public Safety Operations Results.

Chief of Police Johansen and Fire Chief Delay reported on the results of the 4th of July.

No Members of the Public wished to speak on the other items in this section.

6. CONSENT CALENDAR

a. Approve Draft Special Meeting Minutes of June 9, 2023, June 13, 2023, and June 20, 2023.

b. Approve Accounts Payable for June 26, 2023, July 3, 2023, July 10, 2023 and July 17, 2023.

c. Accept Payroll for July 2, 2023.

d. Approve Investment Report May 31, 2023 &Reconciliation of General Ledger to Bank Report.

e. Receive the Building Division Customer Service Survey Results for Quarter 4th Fiscal Year 2022-23.

f. Consider Adoption of a Resolution:

• Approving the Design of the San Bruno Citywide Bicycle Route Installation Project; • Authorizing the City Manager to Execute a Construction Contract with Chrisp Company for the San Bruno Citywide Bicycle Route Installation Project in an Amount Not to Exceed $532,407.00;
• Approving a Construction Contingency of $80,000.00;
• Approving a Total Project Budget in the Amount of $748,000.00; and • Determining the Project is Exempt Under the California Environmental Quality Act

g. Consider Adoption of a Resolution Authorizing the City Manager to Execute an Amendment to the On-Call Agreements for Project Management Services with CSG Consultants, Inc. and Swinerton Management & Consulting to Exercise the First One Year Option in Amounts Not to Exceed $1,000,000 for Each Agreement.

h. Consider Adoption of a Resolution Authorizing the Purchase of 12 Vehicles with Equipment Installation and Customization in an Amount Not to Exceed $1,545,000.

i. Appoint Mayor Rico E. Medina as the Voting Delegate and Vice Mayor Tom Hamilton as the Alternate Delegate, to Represent the City of San Bruno at the Annual Business Meeting of the 2023 League of California Cities Annual Conference in Sacramento, CA on September 20-22, 2023.

j. Consider Adoption of a Resolution Authorizing the Community Services Technician I/II Position Job Class Specification and Establishing a Salary Range.

k. Consider Adoption of a Resolution Approving the Revised Chief Financial Officer Job Class Specification.

l. Consider Adoption of a Resolution Authorizing the Building Division Supervisor Job Classification and Establishing a Salary Range for the Position.

m. Consider Adoption of a Resolution Approving the Newspaper Rack and Enclosure Models and Location and Determining the Project is Exempt Under the California Environmental Quality Act.

n. Consider Adoption of a Resolution Authorizing the City Manager to Procure Furnishings for the New Recreation and Aquatic Center n the Amount of $549,810.42.

No items were pulled for a separate vote.

Councilmember Medina pulled Item 6.m. for discussion.

Member of the Public Nancy Foreman asked if the racks would be ceramic coated for easy cleaning, would the enclosures be lockable and easy to remove the trash that collects in them.

Direction Given: That staff bring Item 6.m. back to the August 22nd City Council Meeting.

No Members of the Public wished to speak on the other items on the Consent Calendar.

M/S Hamilton/Salazar to approve the Consent Calendar with the exception of Item 6.m. which will be brought back to the August 22nd meeting. The motion passed unanimously.

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Page 3 of 4 ends

7. PUBLIC HEARING

a. Hold Public Hearing and Consider Adoption of a Resolution to Extend the Interim Authority for the Master Fee Schedule for Fiscal Year 2023-24 Previously Adopted as an Urgency Measure Effective July 1, 2023.

Community Development Director Peter Gilli presented the item to the City Council and answered questions.

Mayor R. Medina opened the Public Hearing.

Member of the Public Thomas Joseph asked what the original reason for the delay was.

M/S Salazar/Alvarez to close the Public Hearing

M/S Salazar/Alvarez to adopt the resolution

The City Council Recessed at 8:42 p.m. and Reconvened at 8:50 p.m.

8. CONDUCT OF BUSINESS

a. Consider Appointments to the San Bruno Community Foundation Board of Directors.

Member of the Public, Board Member & Treasurer of the Foundation Pak Lin gave a brief overview of the item to the City Council.

M/S R. Medina/Salazar to re-appoint the three incumbents whose current terms will expire on December 31, 2023, to another four-year term which will expire on December 31, 2027.

The motion passed unanimously.

M/S Hamilton/M. Medina to nominate applicant Belinda Wong to serve a partial term which will expire on December 31, 2025. The vacancy was created by the resignation of a former board member. She was appointed by a majority vote of Councilmembers Salazar, M. Medina and Vice Mayor Hamilton voting - yes and Councilmember Alvarez and Mayor Medina voting – no.

9. STUDY SESSION

a. Conduct a Study Session and Provide Feedback on Economic Development Program.

Economic Development Manager Maria Langbauer presented the item to the City Council and answered questions.

Member of the Public Thomas Joseph asked that focus be kept on housing.

Member of the Public and Downtown Business Owner Jason and his wife spoke in support of the item and encouraged the City Council to walk the downtown to say hello.

Member of the Public (No name given) hopes that Maria can be the ambassador for the community.

Member of the Public and Downtown Business Owner Sadana is hopeful that Maria can help with some issues that will accomplish a more vibrant downtown.

10. COUNCIL COMMITTEE REPORT OUT

Vice Mayor Hamilton attended the Board of Directors meeting for BAWSCA (Bay Area Water Supply & Conservation Agency) and was pleased to report that the Hetch Hetchy Reservoir levels are at 100% capacity, the combined total for all of the reservoirs in California 89.2%.

They received a draft report from the SFPUC on the alternate water supply plan which extends into 2045.

Mayor R. Medina attended:

7/12 SamTrans Board of Directors meeting and reported that ridership has increased 20% over last year at this time.

7/14 As a regional representative and vice chair he was honored to sit on an interview panel to assist in the selection of the San Mateo County Emergency Management Director.

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7/18 he attended the CalTrain Citizen Advisory Committee and on 7/20 the Transportation Authority Citizen Advisory Committee and both of these bodies currently have vacancies they are recruiting to fill. He encouraged San Bruno residents to submit an application that can be found their respective websites, to be considered for appointment.

No Members of the Public wished to speak during Council Committee Report Out.

11. COMMENTS FROM COUNCIL MEMBERS

a. Mayor Rico E. Medina:

• Was pleased to welcome the Westerstede Germany U19 Girls Soccer Team at City Hall that morning. They are visiting San Bruno as part of a Cultural Exchange Program with the San Bruno AYSO Region 249 which has been in place since 1981, they will be here for two weeks. He thanked staff for organizing this morning’s welcome event.

• On July 4th there was another successful Dale Wilson Tournament in which San Bruno won their divisions, he congratulated and thanked all those involved.

• Announced that on July 5th a delegation from the City of San Bruno left for Narita, Japan. We have had a Sister City partnership with Narita for 33 years. He thanked Assistant to the City Manager, Jennifer Dianos for all the work she did to coordinate the trip, there will be a delegation debriefing this week and a full report will be presented at the August 22nd City Council Meeting.

• On July 18th Mayor Medina was honored to attend the Police Swearing In Ceremony for new officers and also those receiving promotions.

• The Mayor invited everyone to join himself, State Senator Josh Becker and Assemblymember Diane Papan for coffee, community and lite refreshments this Saturday, July 29th from 9:00 – 10:30 a.m. at 540 West San Bruno Avenue.

Vice Mayor Hamilton:

• This coming Saturday is the monthly pancake breakfast at the American Legion Hall located at 757 San Mateo Avenue, from 8:00 – 11:00 a.m.

Councilmember Medina:

• Marty encouraged people to attend the American Legion pancake breakfast and emphasized what a good cause it is and that it supports our veterans.

• This Thursday, at Belle Air Elementary School, located at 450 3rd Avenue, the Second Harvest Silicone Valley grocery distribution will take place from 2:00 to 4:00 p.m. The numbers of families served has increased in a little over a year ago from 200 families served to 280 families. To receive groceries you can sign up on the spot and volunteers are needed so any amount of your time is appreciated.

• On Saturday, July 22nd the Bay Area Entrepreneur Center at 458 San Mateo Avenue hosted a Summer Pop-Up featuring 15 local vendors, he thanked Leah and Olivia from the BAEC for coordinating this amazing day for our downtown.

No Members of the Public wished to speak during Comments from Council Members.

12. ADJOURNMENT

The meeting adjourned at 10:20 p.m. The next Regular City Council Meeting will be held on Tuesday, August 22, 2022 at 7:00 p.m.

These City Council Meeting Minutes were prepared by Vicky Hasha, Deputy City Clerk, and submitted for approval at the Regular City Council Meeting of February 13, 2024.

__________________________________ ________________________________ Vicky S. Hasha, Rico E. Medina
Deputy City Clerk Mayor

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City Council Agenda Item
Staff Report

CITY OF SAN BRUNO
DATE: January 22, 2024
TO: Honorable Mayor and Members of the City Council
FROM: Alex D. McIntyre, City Manager
PREPARED BY: Nick Pegueros, Chief Financial Officer
Kathleen O’Malley, Accounting & Customer Service Representative SUBJECT: Accounts Payable Warrant Register
This is to certify that the claims listed on pages 1 to 3 inclusive, and/or claims numbered from 207056 through 207188 inclusive, totaling $605,050.24 have been checked in detail and approved by the proper officials, and in my opinion, represent fair and just charges against the City in accordance with their respective amounts. The table below summarizes the total paid by Fund.

Fund Fund Name Amount
001 General Fund $113,310.94
121 Federal/State Grants $2,863.00
132 Agency On Aging $37,931.94
137 Developer Project Contributions $46,033.25
201 Parks and Facilities Capital $19,800.00
203 Street Improvement Projects $3,100.00
611 Water Fund $160,931.34
621 Stormwater Fund $9,722.28
631 Wastewater Fund $70,489.12
641 CityNet Services Fund $41,334.50
701 Central Garage $11,339.44
702 Facility Maintenance Fund $16,098.48
707 Technology Development $9,753.87
711 Self-Insurance $62,342.08
TOTAL FOR APPROVAL $605,050.24
Respectfully submitted,
_________________________
Chief Financial Officer Date
DocuSign Envelope ID: 74C91B00-327B-41EB-ADDA-04CB3310A310 1/26/2024
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Item 6b
1/22/2024 10:28:59AM
Positive Pay Listing
City of San Bruno
apPosPay Page: 1
Bank: apbank 432000438Document group: komalley
Vendor Code & Name Check # Check Date Amount
0106896 A-1 RHINO LININGS 207056 997.501/22/2024
0000858 ADECCO EMPLOYMENT SERVICES 207057 1,355.521/22/2024 0000163 AIRPORT AUTO PARTS INC. 207059 39.881/22/2024 0111256 ALEJANDRO MARTINEZ 207129 24.661/22/2024
0018953 ALLIANT INSURANCE SVC. INC. 207060 317.001/22/2024 0018976 ALPHA ANALYTICAL LAB. INC. 207062 1,460.001/22/2024 0110697 AMAZON CAPITAL SERVICES 207063 371.371/22/2024 0108853 AMERICAN ASPHALT REPAIR&RESURFACING 207066 474.261/22/2024 0111180 ANA D FENNEYRA 207103 52.001/22/2024
0096700 ANDY'S WHEELS & TIRES 207064 1,098.561/22/2024 0111181 ANNA YU 207185 35.081/22/2024
0102377 ARIN, LTD. 207065 2,000.001/22/2024
0016123 AT&T 207067 29.251/22/2024
0015110 AT&T MOBILITY 207068 342.081/22/2024
0018465 AT&T MOBILITY 207069 594.521/22/2024
0105649 ATLAS PLUMBING AND ROOTER,INC. 207070 8,500.001/22/2024 0000345 BAKER & TAYLOR BOOKS 207071 4,874.241/22/2024 0017431 BAY AREA AIR QUALITY MANAGEMENT DISTRICT 207150 543.001/22/2024 0096594 BAY AREA PAVING CO. 207072 3,500.001/22/2024
0109661 BIRITE FOODSERVICE DISTRIBUTORS 207105 4,392.311/22/2024 0017624 BKF ENGINEERS 207074 19,800.001/22/2024
0110814 BLAKE SUZUKI 207167 41.001/22/2024
0000378 BROADMOOR LANDSCAPE SUPPLY 207075 527.171/22/2024 0000098 BRODART CO. 207076 31.671/22/2024
0106548 CAPITAL ONE TRADE CREDIT 207077 131.701/22/2024 0017679 CDW GOVERNMENT, INC 207078 2,511.951/22/2024
0013965 CH BULL CO. 207079 274.691/22/2024
0111270 CHAD ALONZO 207061 74.371/22/2024
0017284 CHEMSEARCHFE 207081 1,325.531/22/2024
0016324 CINTAS CORPORATION #464 207082 112.061/22/2024 0000227 CITY OF SAN BRUNO-UTILITY 207083 486.851/22/2024 0000508 CLEARLITE TROPHIES 207084 4,327.981/22/2024
0110074 COGENT COMMUNICATIONS, INC. 207085 4,000.001/22/2024 0109731 COOLRITE REFRIGERATION INC. 207086 583.841/22/2024 0110800 CORPORATE CUISINE DBA CREEKSIDE GRILL 207090 29,332.261/22/2024 0015857 COUNTY OF SAN MATEO 207087 82.251/22/2024
0018331 CSG CONSULTANTS INC. 207088 104,347.501/22/2024 0092169 DAN VOREYER 207181 82.011/22/2024
0095208 DENISE HAMILTON 207112 249.531/22/2024
0109577 DIRECTWORX 207092 2,444.341/22/2024
0101178 DISCOUNT PLUMBING 207093 21,395.201/22/2024
0100546 EARL ROCHLIN 207155 89.031/22/2024
0105820 EAST BAY TIRE CO 207094 7,356.301/22/2024
0017300 ENVIRONMENTAL HEALTH FEE 207096 2,125.001/22/2024 0109492 EUNICE KIANG 207121 21.241/22/2024
0000046 EWING IRRIGATION PRODUCTS INC 207097 964.401/22/2024 0106349 F.A. POLI, INC. 207098 1,125.001/22/2024
0111259 FADY ZOUBI 207188 27.721/22/2024
0106348 FAST AGGREGATES PRODUCTS,INC. 207100 1,301.211/22/2024 0104715 FAULT LINE PLUMBING INC. 207101 7,500.001/22/2024 0001782 FLOWERS ELECTRIC & SVC.CO.INC. 207104 1,684.771/22/2024 0109776 FRESH LINE PRODUCE 207107 1,596.501/22/2024
0111210 GHIRARDELLI ASSOCIATES, INC. 207108 66,130.001/22/2024 Page: 1
DocuSign Envelope ID: 74C91B00-327B-41EB-ADDA-04CB3310A310

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1/22/2024 10:28:59AM
Positive Pay Listing
City of San Bruno
apPosPay Page: 2
Bank: apbank 432000438Document group: komalley
Vendor Code & Name Check # Check Date Amount
0104135 GLOBAL TRACKING COMMUNICATIONS, INC. 207177 282.991/22/2024 0108425 GOOD CITY COMPANY 207109 4,270.001/22/2024
0000162 GRAINGER 207110 1,284.521/22/2024
0095966 GREAT AMERICA FINANCIAL SVC. 207111 3,438.771/22/2024 0109502 HAULAWAY STORAGE CONTAINERS, INC. 207165 255.361/22/2024 0111257 HOME INSTEAD SENIOR CARE 207115 78.411/22/2024 0015531 INTERSTATE BATTERY SYS. OF SF 207116 351.061/22/2024 0104784 JD CESARE CONSTRUCTION 207117 2,000.001/22/2024 0108549 JEANETTE M FEINBERG 207102 132.301/22/2024
0097905 JIA YI FANG 207099 3.661/22/2024
0110129 JOHNSON HANG 207113 1,135.721/22/2024
0000771 JT2 INTEGRATED RESOURCES 207118 55,811.081/22/2024 0018376 JT2 INTEGRATED RESOURCES 207119 6,531.001/22/2024 0111263 JULIA PROVENS 207149 24.501/22/2024
0096379 KAREN OJAKIAN 207139 43.201/22/2024
0017661 KATHY M SCHMIDT 207158 1,259.101/22/2024
0109663 KINGDOM PIPELINES INC. 207122 990.241/22/2024 0111261 KYLE KENRICK 207120 7.181/22/2024
0110826 LANCE STRATEGIES, LLC 207124 7,000.001/22/2024 0103799 LDVALI LLC 207125 235.801/22/2024
0111268 LEE CHEA 207080 72.881/22/2024
0093274 LINDSTROM CO 207126 2,000.001/22/2024
0017924 LORAL LANDSCAPING INC. 207127 2,100.001/22/2024 0018177 LOWE'S 207128 2,847.581/22/2024
0111269 MATTHEW KUROSE 207123 40.211/22/2024
0111267 MAUREEN BICKENS 207073 232.441/22/2024
0016041 METROMOBILE COMMUNICATIONS 207130 195.001/22/2024 0106489 MICHAEL RUSSO 207156 35.441/22/2024
0001709 MILLBRAE LOCK 207131 131.411/22/2024
0103600 MOMENTUM TELECOM, INC. 207132 7,859.741/22/2024 0110942 MURPHY PRINTING, INC. 207134 357.631/22/2024
0108222 NATIONAL AUTO FLEET GROUP 207135 79,732.141/22/2024 0109974 NOAH AGIUS 207058 500.001/22/2024
0111055 O'REILLY AUTO PARTS 207141 441.731/22/2024
0095566 O.C. JONES AND SONS INC. 207136 1,133.291/22/2024 0107980 OCT WATER QUALITY ACADEMY 207137 450.001/22/2024 0110243 ODP BUSINESS SOLUTIONS, LLC 207138 720.701/22/2024 0097567 ONE HOUR DRY CLEANING 207140 1,111.601/22/2024 0018701 ORKIN PEST CONTROL 207142 717.141/22/2024
0111245 P. MARSHALL & ASSOCIATES, LLC 207143 186.001/22/2024 0000012 PACIFIC GAS & ELECTRIC 207144 22,130.081/22/2024 0000101 PACIFIC NURSERIES 207145 90.451/22/2024
0111266 PAUL PEOPLES 207146 84.951/22/2024
0108589 PERFORMANCE FOODSERVICE-LEDYARD 207106 1,967.771/22/2024 0017260 PETERSON TRUCKS, INC. 207147 142.531/22/2024
0100772 POLLY MOYER 207133 35.971/22/2024
0000285 PREFERRED ALLIANCE, INC. 207148 482.801/22/2024 0013981 QUILL CORPORATION 207151 197.371/22/2024
0111258 RAFAEL FERNANDES DE SOUZA 207091 12.251/22/2024 0107432 RED WING BRANDS OF AMERICA,INC 207152 2,302.631/22/2024 0108539 ROSALIE L. STEINWAY 207163 144.001/22/2024
0096716 RUBA DAHBOUR 207089 23.151/22/2024
0106070 SAFETY-KLEEN SYSTEMS, INC. 207157 20.001/22/2024 0108537 SCOTT TONG 207176 45.451/22/2024
Page: 2
DocuSign Envelope ID: 74C91B00-327B-41EB-ADDA-04CB3310A310

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1/22/2024 10:28:59AM
Positive Pay Listing
City of San Bruno
apPosPay Page: 3
Bank: apbank 432000438Document group: komalley
Vendor Code & Name Check # Check Date Amount
0018461 SERRAMONTE FORD, INC. 207159 325.111/22/2024
0102917 SFPUC FINANCIAL SERVICES 207160 100.001/22/2024 0097626 SHARP ELECTRONICS CORP. 207161 1,982.851/22/2024 0111184 SOLINST CANADA LTD. 207162 232.691/22/2024
0018028 STATE WATER RESOURCES CONTROL BOARD(SWRCB) 207154 399.001/22/2024 0017857 STERICYCLE, INC. 207164 164.721/22/2024
0111260 STEVEN HILT 207114 20.021/22/2024
0105796 SUNRISE FOOD DISTRIBUTOR INC. 207166 643.101/22/2024 0095565 SWINERTON BUILDERS 207168 2,863.001/22/2024
0002025 TELECOMMUNICATIONS ENGINEERING ASSOCIATES 207095 85.001/22/2024 0098993 TEREX UTILITIES LLC 207170 665.231/22/2024
0000241 THE ADAM-HILL COMPANY 207171 393.151/22/2024
0108402 THE HOME DEPOT PRO 207172 1,453.561/22/2024
0017527 TIFCO INDUSTRIES INC. 207173 272.661/22/2024
0018898 TJKM TRANSPORTATION CONSULTANT 207174 3,100.001/22/2024 0097449 TK ELEVATOR CORPORATION 207175 554.801/22/2024 0001362 TV GUIDE MAGAZINE, LLC 207178 50.441/22/2024
0110714 UNDERGROUND REPUBLIC WATER WORKS, INC. 207153 3,204.321/22/2024 0102744 UNIVERSAL BUILDING SERVICES 207179 9,323.601/22/2024 0098625 UPS 207180 32.761/22/2024
0108652 WATER WORKS ENGINEERS, LLC 207182 10,682.731/22/2024 0104233 WAVE 207183 17,950.001/22/2024
0104660 WEST YOST ASSOCIATES, INC. 207184 12,886.501/22/2024 0111262 WILFREDO TECSON 207169 6.571/22/2024
0018242 ZAP MANUFACTURING INC. 207186 1,531.911/22/2024 0109122 ZERO TURN POWER WASHING 207187 9,363.001/22/2024 Total count: 133
GrandTotal: 605,050.24
Page: 3
DocuSign Envelope ID: 74C91B00-327B-41EB-ADDA-04CB3310A310

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City Council Agenda Item
Staff Report

CITY OF SAN BRUNO
DATE: January 29, 2024

TO: Honorable Mayor and Members of the City Council

FROM: Alex D. McIntyre, City Manager

PREPARED BY: Nick Pegueros, Chief Financial Officer
Kathleen O’Malley, Accounting & Customer Service Representative

SUBJECT: Accounts Payable Warrant Register

This is to certify that the claims listed on pages 1 to 3 inclusive, and/or claims numbered from 207189 through 207340 inclusive, totaling $3,250,966.10 have been checked in detail and approved by the proper officials, and in my opinion, represent fair and just charges against the City in accordance with their respective amounts. The table below summarizes the total paid by Fund.

Fund Fund Name Amount
001 General Fund $154,780.61
003 One-Time Revenue $3,190.92
111 Police Asset Forfeiture $1,380.00
121 Federal/State Grants $3,331.21
133 Restricted Revenues $35,264.51
137 Developer Project Contributions $20,487.46
201 Parks and Facilities Capital $1,385,810.41
203 Street Improvement Projects $601,541.93
207 Technology Capital $4,725.00
611 Water Fund $137,984.37
631 Wastewater Fund $20,799.36
641 CityNet Services Fund $57,841.48
651 Parking Fund $796,497.60
701 Central Garage $2,629.04
702 Facility Maintenance Fund $9,434.83
703 General Equipment Revolving $2,259.16
707 Technology Development $4,283.60
711 Self-Insurance $8,724.61
TOTAL FOR APPROVAL $3,250,966.10

Respectfully submitted,

_________________________
Chief Financial Officer Date
DocuSign Envelope ID: 4B5A9C94-47A0-4A3D-AE38-E7208A9DA6BB 1/31/2024

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1/29/2024 12:18:14PM
Positive Pay Listing
City of San Bruno
apPosPay Page: 1
Bank: apbank 432000438Document group: komalley
Vendor Code & Name Check # Check Date Amount
0096852 ABAG PLAN CORPORATION 207189 8,724.611/29/2024 0106435 ACTION TOWING & ROAD SVC. INC. 207190 170.501/29/2024 0000858 ADECCO EMPLOYMENT SERVICES 207191 1,016.641/29/2024 0111265 ADRIENNE DONALDSON 207235 100.001/29/2024
0000163 AIRPORT AUTO PARTS INC. 207192 13.131/29/2024 0097137 ALERT DOOR SERVICE INC 207193 1,030.001/29/2024 0017459 ALL CITY MANAGEMENT SVC.INC. 207194 29,634.791/29/2024 0110697 AMAZON CAPITAL SERVICES 207195 57.941/29/2024 0096700 ANDY'S WHEELS & TIRES 207196 580.131/29/2024
0111287 ANTHONY NASSIH 207267 31.851/29/2024
0109246 AQUA METRIC SALES, CO. 207197 40,079.111/29/2024 0110614 ARTURO TUDURY 207324 105.661/29/2024
0016123 AT&T 207199 1,477.391/29/2024
0017191 AT&T 207200 67.251/29/2024
0015110 AT&T MOBILITY 207201 100.961/29/2024
0000345 BAKER & TAYLOR BOOKS 207204 772.621/29/2024
0110591 BAVCO 207205 972.551/29/2024
0102745 BAY AREA NEWS GROUP 207206 2,404.841/29/2024
0001849 BAY AREA WATER SUPPLY & CONSERVATION AGENCY 207312 360.001/29/2024 0110745 BETTERHELP, INC. 207208 765.001/29/2024
0111284 BIAGIO/MARIA AULICINO 207202 100.531/29/2024
0109646 BIO CAR CARE 207209 550.001/29/2024
0107382 BLUE 360 MEDIA 207210 83.951/29/2024
0111278 BOBBY SUICO 207310 154.761/29/2024
0111191 BOK MODERN LLC 207212 17,835.261/29/2024
0000378 BROADMOOR LANDSCAPE SUPPLY 207214 490.811/29/2024 0110815 CALIFORNIA BROADBAND&VIDEO ASSOCIATION 207213 705.501/29/2024 0102989 CALIFORNIA DIESEL & POWER 207215 14,247.691/29/2024 0106437 CALIX, INC. 207216 772.601/29/2024
0107543 CASEY CHOW 207218 90.001/29/2024
0105048 CATHERINE GRAHAM 207245 28.531/29/2024
0111264 CHEFS TOYS LLC 207217 29,999.321/29/2024
0105561 CHRISTINE TIAN 207320 21.361/29/2024
0111288 CHRISTOPHER LOUIE 207258 19.351/29/2024
0016324 CINTAS CORPORATION #464 207219 978.931/29/2024 0110831 CITY NATIONAL BANK 207220 66,174.091/29/2024
0098588 CITY OF BURLINGAME 207221 500.001/29/2024
0097202 CITY OF SAN MATEO 207222 2,714.551/29/2024
0018911 COMCAST CABLE COMMUNICATIONS 207223 12,776.401/29/2024 0109731 COOLRITE REFRIGERATION INC. 207226 995.001/29/2024 0109957 CORETECH LEASING, INC. 207227 5,166.281/29/2024 0000911 COTTON, SHIRES & ASSOCIATES 207229 4,191.231/29/2024 0015857 COUNTY OF SAN MATEO 207230 329.021/29/2024
0106125 COURTESY TOW 207231 255.001/29/2024
0018331 CSG CONSULTANTS INC. 207232 33,161.541/29/2024 0107652 CUMMINS-ALLISON CORP. 207233 712.001/29/2024
0097934 CWEA-TCP 207234 334.001/29/2024
0110590 DENISE ZERON 207340 90.001/29/2024
0111280 DIANE PIQUET 207283 119.201/29/2024
0001646 ECOLAB INC. 207236 271.261/29/2024
0017300 ENVIRONMENTAL HEALTH FEE 207239 371.181/29/2024 0000046 EWING IRRIGATION PRODUCTS INC 207240 585.861/29/2024 0000944 FEDEX 207241 106.471/29/2024
Page: 1
DocuSign Envelope ID: 4B5A9C94-47A0-4A3D-AE38-E7208A9DA6BB

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Positive Pay Listing
City of San Bruno
apPosPay Page: 2
Bank: apbank 432000438Document group: komalley
Vendor Code & Name Check # Check Date Amount
0109510 FIRST ALARM 207242 1,627.451/29/2024
0018117 FLYERS ENERGY, LLC 207243 18,795.271/29/2024
0017720 FOX TELEVISION STATIONS, INC. 207244 9,883.951/29/2024 0111283 FRANCES/MARTIN AVILA 207203 12.871/29/2024
0110539 GARRISON SEXSON 207300 839.061/29/2024
0104135 GLOBAL TRACKING COMMUNICATIONS, INC. 207321 27.981/29/2024 0000162 GRAINGER 207246 2,979.161/29/2024
0105687 GRAPHICS ON THE EDGE 207247 2,259.161/29/2024 0095966 GREAT AMERICA FINANCIAL SVC. 207248 557.691/29/2024 0108221 HDL COREN & CONE 207249 3,556.251/29/2024
0107476 IDAX DATA SOLUTIONS 207250 500.001/29/2024
0109666 IMPACT COMPUTERS AND ELECTRONICS INC. 207224 26.351/29/2024 0111271 IMPACT PAPER AND INK, LTD 207251 241.231/29/2024 0018838 INFOSEND, INC. 207252 5,175.661/29/2024
0000545 INTERNATIONAL ASSOCIATION OF POLICE CHIEFS 207198 380.001/29/2024 0018553 INTERSTATE TRAFFIC CONTROL PRODUCTS 207322 2,898.441/29/2024 0017457 INTRADO LIFE & SAFETY SOLUTIONS CORP. 207257 4,134.521/29/2024 0000581 IRVINE & JACHENS INC. 207253 258.211/29/2024 0111279 JAMES BOGIOS 207211 97.461/29/2024
0000075 K-119 TOOLS OF CALIFORNIA INC. 207254 884.041/29/2024 0111282 KATHRYN WILSON 207337 22.971/29/2024
0017947 KEVIN MCMULLAN 207260 90.001/29/2024
0110994 KRUEGER INTERNATIONAL, INC. 207255 61,226.511/29/2024 0109771 LATHROP CONSTRUCTION ASSOCIATES, INC. 207225 1,257,307.311/29/2024 0000849 LEAGUE OF CALIFORNIA CITIES 207256 17,480.001/29/2024 0018777 LEXISNEXIS RISK DATA MANAGEMENT 207292 565.001/29/2024 0111285 MARC RAFFIN 207287 29.131/29/2024
0016041 METROMOBILE COMMUNICATIONS 207261 75.001/29/2024 0111234 MICHAEL MARVIN 207259 439.301/29/2024
0092285 MICROMARKETING LLC 207262 53.931/29/2024
0016863 MIDWEST TAPE, LLC 207263 38.271/29/2024
0110443 MILLBRAE COMMUNITY TELEVISION 207264 2,525.961/29/2024 0110322 MOBILE CITIZEN, LLC 207265 85.561/29/2024
0106447 MOORE,IACOFANO, GOLTSMAN, INC. 207266 1,102.501/29/2024 0000357 NATIONAL CABLE TV CO-OP, INC. 207268 161.071/29/2024 0105419 NENA(NATIONAL EMERGENCY NUMBER ASSOCIATION) 207237 147.001/29/2024 0103301 NHL NETWORK US, LP 207269 873.601/29/2024
0097806 O'GRADY PAVING, INC. 207271 523,963.731/29/2024 0110243 ODP BUSINESS SOLUTIONS, LLC 207270 1,585.061/29/2024 0097567 ONE HOUR DRY CLEANING 207272 470.601/29/2024
0104416 OVERDRIVE, INC. 207273 2,007.981/29/2024
0108949 PACIFIC DINING 207274 3,242.491/29/2024
0000012 PACIFIC GAS & ELECTRIC 207275 31,448.501/29/2024 0000012 PACIFIC GAS & ELECTRIC 207276 549.021/29/2024 0000101 PACIFIC NURSERIES 207277 3,426.451/29/2024
0106110 PACIFIC OFFICE AUTOMATION 207278 870.651/29/2024 0092223 PENINSULA CORRIDOR JOINT POWERS BOARD 207228 16,385.921/29/2024 0001154 PENINSULA LIBRARY SYSTEM 207279 522.711/29/2024 0015163 PENINSULA SPORTS OFFICIALS ASSOC.INC. 207308 580.501/29/2024 0014961 PENINSULA UNIFORMS & EQUIPMENT 207280 973.181/29/2024 0111229 PINPOINT TALENT, LLC 207282 4,725.001/29/2024 0018530 PROGRESSIVE SOLUTIONS INC. 207284 950.001/29/2024 0097558 PURCHASE POWER 207285 409.171/29/2024
0013981 QUILL CORPORATION 207286 52.731/29/2024
Page: 2
DocuSign Envelope ID: 4B5A9C94-47A0-4A3D-AE38-E7208A9DA6BB

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Positive Pay Listing
City of San Bruno
apPosPay Page: 3
Bank: apbank 432000438Document group: komalley
Vendor Code & Name Check # Check Date Amount
0000175 RECOLOGY SAN BRUNO 207288 2,097.151/29/2024
0107432 RED WING BRANDS OF AMERICA,INC 207289 359.281/29/2024 0103531 RICOH USA, INC. 207291 1,212.321/29/2024
0106293 ROBERT HALF 207293 5,287.601/29/2024
0013581 ROVI GUIDES, INC. 207294 4,714.161/29/2024
0018839 RYAN JOHANSEN 207295 1,831.051/29/2024
0099047 SAN MATEO CTY SHERIFF'S OFFICE 207297 2,970.561/29/2024 0017145 SAN MATEO LAWN MOWER SHOP 207298 706.771/29/2024 0018461 SERRAMONTE FORD, INC. 207299 399.951/29/2024
0097626 SHARP ELECTRONICS CORP. 207301 1,154.961/29/2024 0018962 SHOE DEPOT INC. 207302 398.651/29/2024
0000216 SHOWTIME NETWORKS INC. 207303 1,010.331/29/2024 0109953 SHRED CITY 207304 63.721/29/2024
0017676 SIEMENS INDUSTRY, INC. 207305 530.001/29/2024 0093543 SMCPCSA 207306 1,000.001/29/2024
0103492 SMITHSONIAN NETWORKS 207307 131.661/29/2024
0018028 STATE WATER RESOURCES CONTROL BOARD(SWRCB) 207290 54,248.041/29/2024 0017016 SUPERCO SPECIALTY PRODUCTS 207311 989.061/29/2024 0110995 T2 SYSTEMS CANADA INC. 207313 794,145.821/29/2024 0111274 TD SPORTS GROUP, LLC 207314 800.001/29/2024
0002025 TELECOMMUNICATIONS ENGINEERING ASSOCIATES 207238 3,514.171/29/2024 0018083 THE CROSSING SAN BRUNO PROPERTY OWNERS ASSO 207296 3,190.921/29/2024 0108402 THE HOME DEPOT PRO 207315 1,436.581/29/2024
0108402 THE HOME DEPOT PRO 207316 72.691/29/2024
0108402 THE HOME DEPOT PRO 207317 45.541/29/2024
0103559 THE MLB NETWORK, LLC 207318 939.201/29/2024
0000036 THOMSON REUTERS 207319 8,910.861/29/2024
0102357 TONY PERKINS 207281 54.001/29/2024
0106660 TRIDENT K9 CONSULTING INC. 207323 450.001/29/2024 0104336 TRISHA BEOUGHER 207207 497.001/29/2024
0017133 TURBO DATA SYSTEMS INC 207325 4,045.511/29/2024 0109746 TWINING, INC. 207326 7,126.061/29/2024
0018687 TYLER TECHNOLOGIES INC. 207327 388.401/29/2024 0094452 UNITED RENTALS(N.AMERICA),INC. 207328 2,351.781/29/2024 0018618 UNITED SITE SERVICES INC. 207329 325.931/29/2024 0096844 USA BLUE BOOK 207330 241.141/29/2024
0105133 UTILITY TELECOM, INC. 207331 201.691/29/2024
0095749 VERIZON WIRELESS 207332 20,212.731/29/2024
0110533 WELLABLE LLC 207333 903.001/29/2024
0111286 WESLEY STELTER 207309 105.111/29/2024
0096767 WEST COAST ARBORISTS, INC. 207334 18,335.001/29/2024 0096399 WILLIAM PAUL WHITE 207335 780.001/29/2024
0096893 WILSEY HAM 207336 24,048.251/29/2024
0013841 WITMER-TYSON IMPORTS INC 207338 5,612.521/29/2024 0093430 WORLD BOOK INC 207339 208.751/29/2024
Total count: 152
GrandTotal: 3,250,966.10
Page: 3
DocuSign Envelope ID: 4B5A9C94-47A0-4A3D-AE38-E7208A9DA6BB

17 of 330

City Council Agenda Item
Staff Report

CITY OF SAN BRUNO
DATE: February 5, 2024

TO: Honorable Mayor and Members of the City Council

FROM: Alex D. McIntyre, City Manager

PREPARED BY: Nick Pegueros, Chief Financial Officer
Kathleen O’Malley, Accounting & Customer Service Representative

SUBJECT: Accounts Payable Warrant Register

This is to certify that the claims listed on pages 1 to 3 inclusive, and/or claims numbered from 207341 through 207458 inclusive, totaling $428,158.77 have been checked in detail and approved by the proper officials, and in my opinion, represent fair and just charges against the City in accordance with their respective amounts. The table below summarizes the total paid by Fund.

Fund Fund Name Amount
001 General Fund $252,835.34
132 Agency On Aging $9,666.48
133 Restricted Revenues $208.02
137 Developer Project Contributions $11,691.50
201 Parks and Facilities Capital $4,321.75
203 Street Improvement Projects $27,223.19
207 Technology Capital $3,150.00
611 Water Fund $14,647.55
621 Stormwater Fund $39.79
631 Wastewater Fund $75,870.15
641 CityNet Services Fund $12,169.71
701 Central Garage $53.17
707 Technology Development $16,282.12
TOTAL FOR APPROVAL $428,158.77

Respectfully submitted,

_________________________
Chief Financial Officer Date
DocuSign Envelope ID: F84BCBCF-C650-46DE-8FD4-5286B9E5DBB9 2/8/2024

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2/5/2024 2:10:23PM
Positive Pay Listing
City of San Bruno
apPosPay Page: 1
Bank: apbank 432000438Document group: komalley
Vendor Code & Name Check # Check Date Amount
0110686 AAA RENTALS 207342 3,200.002/5/2024
0111275 AARON NUTI 207418 40.002/5/2024
0104680 ACCESS 24 COMMUNICATIONS INC. 207343 587.302/5/2024 0018330 ADAMS CABLE EQUIPMENT, INC. 207344 4,908.692/5/2024 0000858 ADECCO EMPLOYMENT SERVICES 207345 677.762/5/2024 0111310 ALL 4-1 CONCRETE 207346 500.002/5/2024
0017298 ALLSTAR FIRE EQUIPMENT INC 207347 1,541.002/5/2024 0110078 ALTA PLANNING + DESIGN, INC. 207348 11,492.502/5/2024 0111300 ANGELA COSENTINO 207366 21.402/5/2024
0111307 ANGELINA GUERRERO 207393 16.772/5/2024
0111306 ANTAL BECZE 207356 12.922/5/2024
0111289 ANTHONY MCKENNA 207409 90.002/5/2024
0109778 ASSOCIATED RIGHT OF WAY SERVICES, INC. 207428 1,141.252/5/2024 0013738 ASSOCIATION OF BAY AREA GOVERNMENTS 207355 13,502.002/5/2024 0014617 AT&T 207349 95.002/5/2024
0016123 AT&T 207350 1,622.442/5/2024
0017191 AT&T 207351 348.622/5/2024
0015110 AT&T MOBILITY 207352 100.202/5/2024
0105649 ATLAS PLUMBING AND ROOTER,INC. 207353 14,958.002/5/2024 0000345 BAKER & TAYLOR BOOKS 207354 1,737.342/5/2024
0109661 BIRITE FOODSERVICE DISTRIBUTORS 207383 4,763.062/5/2024 0110814 BLAKE SUZUKI 207442 65.002/5/2024
0111158 CALIFORNIA SEWER ENGINEERING, INC. 207435 4,000.002/5/2024 0018048 CALLANDER ASSOCIATES LANDSCAPE ARCHITECTURE, INC. 207403 738.002/5/2024 0017284 CHEMSEARCHFE 207358 886.032/5/2024
0016324 CINTAS CORPORATION #464 207359 143.862/5/2024 0016324 CINTAS CORPORATION #464 207360 56.032/5/2024
0098588 CITY OF BURLINGAME 207361 500.002/5/2024
0109639 CLAREMONT BEHAVIORAL SVCS,INC. 207362 753.752/5/2024 0000508 CLEARLITE TROPHIES 207363 709.792/5/2024
0111298 CONNIE KWONG 207400 81.492/5/2024
0109998 CONSOR PMCM, INC. 207365 12,029.842/5/2024
0018331 CSG CONSULTANTS INC. 207368 13,420.002/5/2024 0097934 CWEA-TCP 207369 221.002/5/2024
0018188 DAU PRODUCTS 207370 6,483.742/5/2024
0111244 DEE SPENCER 207372 1,253.002/5/2024
0013926 DEPARTMENT OF CONSERVATION 207341 20,980.241/31/2024 0093479 DEPARTMENT OF JUSTICE 207373 471.002/5/2024
0111290 DHAIRYA SHIRISH GAJJAR 207386 338.002/5/2024
0101178 DISCOUNT PLUMBING 207374 6,000.002/5/2024
0108748 DISCOVER PLUMBING & ROOTER 207375 2,000.002/5/2024 0096829 DKF SOLUTIONS GROUP, LLC 207376 565.002/5/2024 0000046 EWING IRRIGATION PRODUCTS INC 207379 1,586.192/5/2024 0000944 FEDEX 207380 53.122/5/2024
0111199 FERNANDO MONTILLA 207413 332.802/5/2024
0018117 FLYERS ENERGY, LLC 207382 10,300.542/5/2024
0109776 FRESH LINE PRODUCE 207385 1,835.502/5/2024
0018272 GALE/CENGAGE LEARNING 207387 29.002/5/2024
0111210 GHIRARDELLI ASSOCIATES, INC. 207389 15,900.002/5/2024 0104135 GLOBAL TRACKING COMMUNICATIONS, INC. 207448 93.962/5/2024 0016154 GOETZ BROTHERS SPORTING GOODS 207390 3,386.262/5/2024 0110335 GOLDEN STATE EMERGENCY VEHICLE SERVICE INC. 207377 274.262/5/2024 0000162 GRAINGER 207391 505.672/5/2024
Page: 1
DocuSign Envelope ID: F84BCBCF-C650-46DE-8FD4-5286B9E5DBB9

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2/5/2024 2:10:23PM
Positive Pay Listing
City of San Bruno
apPosPay Page: 2
Bank: apbank 432000438Document group: komalley
Vendor Code & Name Check # Check Date Amount
0095966 GREAT AMERICA FINANCIAL SVC. 207392 1,418.732/5/2024 0096946 HDR ENGINEERING, INC. 207394 1,821.602/5/2024 0111304 HENRY LAI 207402 6.292/5/2024
0111294 JAMES DAVIS 207371 1,500.002/5/2024
0093379 JAMES HOULIHAN 207395 250.002/5/2024
0108549 JEANETTE M FEINBERG 207381 88.202/5/2024
0096379 KAREN OJAKIAN 207420 154.802/5/2024
0111303 KATHERINE MARIE RIVERA 207430 98.002/5/2024
0017661 KATHY M SCHMIDT 207434 2,110.502/5/2024
0106362 KRISTEN LAROSA 207404 8.612/5/2024
0000317 L.N. CURTIS & SONS 207401 1,344.382/5/2024
0103799 LDVALI LLC 207405 396.902/5/2024
0000849 LEAGUE OF CALIFORNIA CITIES 207406 500.002/5/2024 0017047 LEE & ASSOCIATES RESCUE EQUIPMENT, INC. 207427 14,268.022/5/2024 0106342 LESLIE MENDOZA 207410 500.002/5/2024
0095766 LIFE-ASSIST, INC. 207408 758.142/5/2024
0111295 MAZIYAR KESHTGAR 207398 3,500.002/5/2024
0111313 MELISSA TRAVIS 207450 119.882/5/2024
0016041 METROMOBILE COMMUNICATIONS 207411 195.002/5/2024 0092285 MICROMARKETING LLC 207412 49.952/5/2024
0104730 MUNICIPAL EMERGENCY SERVICES 207414 2,208.392/5/2024 0110401 N-ABLE SOLUTIONS ULC 207415 7,907.302/5/2024
0000357 NATIONAL CABLE TV CO-OP, INC. 207416 5,144.052/5/2024 0111312 NAVIA BENEFIT SOLUTIONS, INC. 207417 200.002/5/2024 0110243 ODP BUSINESS SOLUTIONS, LLC 207419 227.952/5/2024 0097567 ONE HOUR DRY CLEANING 207421 1,362.202/5/2024 0106325 ORO PRO PLUMBING, INC. 207422 1,200.002/5/2024 0000012 PACIFIC GAS & ELECTRIC 207423 47,921.122/5/2024 0108589 PERFORMANCE FOODSERVICE-LEDYARD 207384 2,005.922/5/2024 0106077 PERMACARD 207424 2,469.792/5/2024
0018861 PITNEY BOWES 207425 6,000.002/5/2024
0111276 PRO-WEST & ASSOCIATES, INC. 207426 3,150.002/5/2024 0111302 RAYMOND HUANG 207396 14.702/5/2024
0111154 RIGHT ON CONSTRUCTION 207429 1,000.002/5/2024 0106293 ROBERT HALF 207431 9,517.682/5/2024
0108539 ROSALIE L. STEINWAY 207440 148.502/5/2024
0111299 RUBEN BENGCO, JR 207357 31.172/5/2024
0017807 SAN MATEO COUNTY CONTROLLER'S OFFICE 207367 24,073.802/5/2024 0015418 SAN MATEO COUNTY TRAINING OFFICERS ASSOCIATION 207449 2,150.002/5/2024 0099047 SAN MATEO CTY SHERIFF'S OFFICE 207432 7,668.002/5/2024 0017145 SAN MATEO LAWN MOWER SHOP 207433 506.902/5/2024 0108537 SCOTT TONG 207447 66.602/5/2024
0097626 SHARP ELECTRONICS CORP. 207436 6,956.092/5/2024 0111296 SIDDHARTHA JAIN 207397 325.002/5/2024
0105745 SMELLY MEL'S PLUMBING 207437 2,706.862/5/2024 0105916 SMITH'S PEST MANAGEMENT 207438 779.202/5/2024 0110326 SNG & ASSOCIATES, INC. 207439 5,084.502/5/2024 0000102 SONITROL/PACIFIC WEST SECURITY, INC. 207455 270.002/5/2024 0111301 STANISLAV KRIVOSHAPOV 207399 12.222/5/2024
0105796 SUNRISE FOOD DISTRIBUTOR INC. 207441 1,062.002/5/2024 0002025 TELECOMMUNICATIONS ENGINEERING ASSOCIATES 207378 581.002/5/2024 0108102 TESLA ENGERY 207443 135.202/5/2024
0000241 THE ADAM-HILL COMPANY 207444 15.462/5/2024
0108402 THE HOME DEPOT PRO 207445 1,113.012/5/2024
Page: 2
DocuSign Envelope ID: F84BCBCF-C650-46DE-8FD4-5286B9E5DBB9

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2/5/2024 2:10:23PM
Positive Pay Listing
City of San Bruno
apPosPay Page: 3
Bank: apbank 432000438Document group: komalley
Vendor Code & Name Check # Check Date Amount
0018088 THE UPS STORE #810 207446 205.042/5/2024
0018687 TYLER TECHNOLOGIES INC. 207451 505.872/5/2024 0018944 ULINE, INC. 207452 1,327.552/5/2024
0105490 ULTRA CONSTRUCTION 207453 3,500.002/5/2024
0110830 VIVIAN LEUNG 207407 500.002/5/2024
0096767 WEST COAST ARBORISTS, INC. 207454 11,965.202/5/2024 0105955 WEST COAST CODE CONSULTANTS, INC. 207364 6,607.002/5/2024 0104660 WEST YOST ASSOCIATES, INC. 207456 1,884.002/5/2024 0000612 WESTVALLEY CONSTRUCTION CO.INC 207457 61,181.442/5/2024 0111308 YVETTE GARDNER 207388 14.352/5/2024
0111305 ZHAOQING XU 207458 15.392/5/2024
Total count: 118
GrandTotal: 428,158.77
Page: 3
DocuSign Envelope ID: F84BCBCF-C650-46DE-8FD4-5286B9E5DBB9

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22 of 330
Item 6c

23 of 330

City Council Agenda Item
Staff Report

CITY OF SAN BRUNO
DATE: February 13, 2024
TO: Honorable Mayor and Members of the City Council
FROM: Alex D. McIntyre, City Manager
PREPARED BY: Matthew Lee, P.E., Public Works Director
Calvin Iwan, Assistant Engineer
SUBJECT: Consider Adoption of a Resolution Accepting the 2022-23 Slurry Seal Project as Complete, Authorizing the Filing of Notice of Completion with the San Mateo County Recorder’s Office, and Authorizing the Release of the Construction Contract Retention in the Amount of $42,595.87 BACKGROUND:

The City’s Capital Improvement Program (CIP) includes the 2022-23 Slurry Seal Project to repair and apply preventative maintenance treatment to local, collector, and arterial streets. The City utilizes the Metropolitan Transportation Commission's Streetsaver Program, also known as the Pavement Management Program, to analyze pavement data in selecting street treatments in order to optimize use of funds for maintenance and rehabilitation work. The streets selected for this project are those that required preventative maintenance to prevent roadway failure.

A total of 15 street segments totaling approximately 4.14 centerline miles received preventative maintenance slurry seal treatment. The project scope of work consisted of slurry seal application, base repair of failed street areas and restriping of pavement markings. The completion of this project extended the life of the pavement and reduced life cycle costs by deferring the need for more expensive rehabilitative repairs. Street segments that received preventative maintenance treatment were as follows:

STREET NAME FROM TO

AEGEAN WAY WEST END CUL DE SAC EAST END CUL DE SAC

COMMODORE DRIVE CHERRY AVENUE GATE (SCHOOL)

GEOFFREY DRIVE FASMAN DRIVE SUSAN DRIVE

SAN BRUNO AVE EB ONLY CHERRY AVENUE EL CAMINO REAL

SAN BRUNO AVE WB
ONLY I-280 100' W/O CRESTMOOR
DRIVE

SVENTH AVENUE BELLEAIR SCHOOL SAN BRUNO AVENUE

SEVENTH AVENUE SAN BRUNO AVENUE NORTH CITY LIMITS

SONOMA COURT SNEATH LANE CUL DE SAC

YUBA COURT RIVERSIDE DRIVE CUL DE SAC

CHERRY AVENUE JENEVEIN AVENUE PARK AVENUE
24 of 330
Item 6d
Honorable Mayor and Members of the City Council
February 13, 2024

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7 6
0 STREET NAME FROM TO

EVERGREEN DRIVE VALLEYWOOD DRIVE FLEETWOOD DRIVE

SAN JOAQUIN COURT SNEATH LANE CUL DE SAC

VALLEYWOOD DRIVE CRESTWOOD DRIVE OAKMONT DRIVE

LUCIA COURT SANTA LUCIA AVENUE END

SANTA LUCIA AVENUE DE SOTO AVENUE CITY LIMITS
DISCUSSION:

On May 9, 2023, the City Council approved a construction contract with American Asphalt Repair and Resurfacing Company Inc. in the amount of $909,305.41 with a construction contingency of $136,395.81. Due to the actual quantities completed being less than the bid quantity estimate, a change order for credit in the amount of $57,387.97 was issued which decreased the final contract amount to $851,917.44. The project was completed under budget and without any issues.

All construction work as part of this contract has been completed to the satisfaction of the City’s project management team. There are no unresolved stop notices or outstanding construction claims for this project. The construction contract required a 5% retention, which totals $42,595.87, be withheld by the City. Staff recommends that the City Council accept the project as complete, authorize filing a Notice of Completion with the San Mateo County Recorder’s Office, and approve release of the contract retention.

FISCAL IMPACT:

The 2022-23 Slurry Seal Project is an established Capital Improvement Project with an approved CIP total budget of $1,509,463.00 to complete the design, bid, and construction phases. As detailed below, the total expenditure for the project was approximately $1,147,200.00. The remaining budget is recommended to be returned to the Pavement Management Program to fund additional pavement work.

Description Expenditure
Design Contract (CSG Consultants, Inc.) $ 130,785.00 Staff Management for Design $ 47,952.83
Construction Contract (American Asphalt Repair & Resurfacing Co., Inc. $ 851,917.44
Materials & Compaction Testing (Smith-Emery of San Francisco, Inc. $ 8,740.00 Estimated Construction Management $ 75,240.68
Estimated Construction Inspection (Consor PMCM, Inc.) $ 30,000.00 Reproduction & Advertisement $ 2,528.78
Total (rounded) $ 1,147,200.00

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Honorable Mayor and Members of the City Council
February 13, 2024

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7 6
0 ENVIRONMENTAL IMPACT:

The action is not a project subject to CEQA. City Council’s action is not considered a “Project” per CEQA Guidelines and therefore no further environmental analysis is required.

RECOMMENDATION:

Adopt a Resolution:
 Accepting the 2022-23 Slurry Seal Project as complete;  Authorizing the filing of Notice of Completion with the San Mateo County Recorder’s Office; and
 Authorizing the release of the construction contract retention in the amount of $42,595.87.

ALTERNATIVES:

1. Do not accept the construction contract as complete and do not authorize filing of a Notice of Completion. This could result in a claim being filed if there is not a valid reason for not releasing the retention to the contractor.

ATTACHMENTS:

1. Resolution

2. Project Acceptance Information Form

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RESOLUTION NO. 2024 - ___

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN BRUNO ACCEPTING THE 2022-23 SLURRY SEAL PROJECT AS COMPLETE; AUTHORIZING THE FILING OF NOTICE OF COMPLETION WITH THE SAN MATEO COUNTY RECORDER’S OFFICE;

AND AUTHORIZING RELEASE OF THE CONSTRUCTION CONTRACT RETENTION IN THE AMOUNT OF $42,595.87
WHEREAS, the City’s Capital Improvement Program (CIP) includes the 2022-23 Slurry Seal Project to repair and apply preventative maintenance treatment to local, collector, and arterial streets; and
WHEREAS, a total of 15 street segments totaling approximately 4.14 centerline miles received preventative maintenance slurry seal treatment; and WHEREAS, the project scope of work consisted of slurry seal application, base repair of failed street areas and restriping of pavement markings; and WHEREAS, on May 9, 2023, the City Council approved a construction contract with American Asphalt Repair and Resurfacing Company Inc. in the amount of $909,305.41 with a construction contingency of $136,395.81; and
WHEREAS, American Asphalt Repair and Resurfacing Company, Inc. began the Project in September 2023; and
WHEREAS, all construction work as part of this contract has been completed to the satisfaction of the City’s project management team; and WHEREAS, due to the actual quantities completed being less than the initial estimate, a change order for credit in the amount of $57,387.97 was issued which decreased the final contract amount to $851,917.44; and
WHEREAS, the construction contract requires the filing of a Notice of Completion of this project with the San Mateo County Recorder’s Office and release of the construction contract retention in the amount of $42,595.87 upon the acceptance of the project as complete.

NOW, THEREFORE, BE IT RESOLVED that the City Council hereby:
• Accepts the 2022-23 Slurry Seal Project as complete;
• Authorizes the filing of a Notice of Completion with the San Mateo County Recorder’s Office; and
• Authorizes release of the construction contract retention in the amount of $42,595.87 27 of 330 ATTACHMENT 1
2 ---oOo---
I hereby certify that foregoing Resolution No. 2024 - ______ was introduced and adopted by the San Bruno City Council at a regular meeting on February 13, 2024, by the following vote:

AYES:

NOES:

ABSENT:

Lupita Huerta, City Clerk

28 of 330

1 PUBLIC WORKS DEPARTMENT
Capital Improvement Program
Project Acceptance Information Form
As of January 30, 2024
Contract Name: 2022-23 Slurry Seal Project Contract No.: 60031 Construction Contractor: American Asphalt Repair and Resurfacing Company, Inc.

Construction Management
and Inspection Services Consor PMCM, Inc.
29 of 330
ATTACHMENT 2
2 Project Information:

Project Description: This Project consists of slurry sealing 15 street segments totaling approximately 4.14 centerline miles, base repair of failed street areas and restriping of pavement markings.

Construction
Contract Award: American Asphalt Repair and Resurfacing Company, Inc. – May 9, 2023 Start of Construction: September 2023
Contract Change
Orders (CCO):

Actual quantities completed being less than the bid quantity estimate, a change order for credit in the amount of $57,387.97 was issued which decreased the final contract amount to $851,917.44
Substantial
Completion: October 2023
Final Completion: December 2023
Notice of
Completion: Scheduled for filing on February 16, 2024

30 of 330

3 Construction Project Costs:

Budget Actual
AVAILABLE PROJECT FY22-23 CAPITAL
BUDGET $ 1,509,463.00
TOTAL PROJECT $ 1,438,486.22 $ 1,147,164.73
Design Contract (CSG Consultants, Inc.) $ 130,785.00 $ 130,785.00 Staff Management for Design $ 30,000.00 $ 47,952.83 Construction Contract (American Asphalt Repair &
Resurfacing Co., Inc. $ 909,305.41 $ 909,305.41 Construction Contingency (15%) $ 136,395.81
Contract Change Orders CCOs $ - $ (57,387.97) Materials & Compaction Testing (Smith-Emery of
San Francisco, Inc. $ 35,000.00 $ 8,740.00 Estimated Construction Management $ 122,000.00 $ 75,240.68 Construction Inspection (Consor PMCM, Inc.) $ 75,000.00 $ 30,000.00 Reproduction & Advertisement $ - $ 2,528.78

31 of 330

City Council Agenda Item
Staff Report

CITY OF SAN BRUNO
DATE: February 13, 2024
TO: Honorable Mayor and Members of the City Council
FROM: Alex McIntyre, City Manager
PREPARED BY: Matthew Lee, P.E., Public Works Director
Harry Yip, P.E., Senior Civil Engineer
SUBJECT: Consider Adoption of a Resolution:
• Accepting the San Bruno Avenue and Cherry Avenue Intersection Improvements Project as Complete;
• Authorizing the Filing of Notice of Completion with the San Mateo Recorder’s Office; and
• Authorizing Release of the Construction Contract Retention in the Amount of $19,666.93
BACKGROUND:

The City’s Capital Improvement Program (CIP) includes the implementation of operational and safety improvements to the intersection of San Bruno Avenue and Cherry Avenue. This is a major intersection located on the border between a residential neighborhood and commercial and office area.

On June 22, 2021, City Council approved a construction contract with Golden Bay Construction, Inc in the amount of $339,139.00 with a construction contingency of $55,000 for the construction of this project.

DISCUSSION:

In January 2024, Golden Bay Construction, Inc. completed construction of the San Bruno Avenue and Cherry Avenue Intersection Improvements Project. The Project included the installation of signal enhancements including flashing signals and the implementation of a pedestrian refuge island and pavement delineation.

Change orders totaling $54,199.53 were issued to Golden Bay Construction, Inc. during the construction due to unforeseen conditions. The work associated with the change orders included removing and rewiring the existing intersection conductors, disposing unused conduit, changing a signal pole and framework due to conflicts with underground utilities, modifying the signal pole pullbox and additional potholing due to signal pole changes, and adjusting the quantities for the curb replacement.

All construction work as part of this contract has been completed to the satisfaction of the City’s project management team. There are no unresolved stop notices or outstanding 32 of 330
Item 6e
Honorable Mayor and Members of the City Council
February 13, 2024

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2 2
9 construction claims for this project. The construction contract requires a 5% retention, which totals $19,666.93, be withheld by the City. Staff recommends that the City Council accept the project as complete, authorize filing a Notice of Completion with the San Mateo County Recorder’s Office, and approve release of the contract retention.

FISCAL IMPACT:

The total approved budget which included design, construction contract, project contingency, and staff project management and inspection services was $652,000. As detailed below, the total expenditure was approximately $570,000.00. The project is funded by Measure A and has a realized cost savings of approximately $82,000. The project cost savings can be returned to the Measure A Fund.

The project costs are as follows:

Project Management / Inspection / Overhead (City staff) $ 78,000.00 Consultant Design and Synchronization (DKS Associates) $ 98,471.25 Construction Contract (Golden Bay Construction) $ 339,139.00 Construction Change Orders $ 54,199.53
___________________________________________________ ______ Estimated Total Project Cost (Rounded) $ 570,000.00
ENVIRONMENTAL IMPACT:

The action is not a project subject to CEQA.  City Council’s action is not considered a “Project” per CEQA Guidelines and therefore no further environmental analysis is required.

RECOMMENDATION:

Adopt of a Resolution:
• Accepting the San Bruno Avenue and Cherry Avenue Intersection Improvement Project as complete;
• Authorizing the filing of Notice of Completion with the San Mateo County Recorder’s Office; and
• Authorizing release of the construction contract retention in the Amount of $19,666.93.

ALTERNATIVES:

ATTACHMENTS:

1. Resolution
33 of 330
RESOLUTION NO. 2024 - ___

RESOLUTION ACCEPTING THE SAN BRUNO AVENUE AND CHERRY AVENUE

INTERSECTION IMPROVEMENTS PROJECT AS COMPLETE, AUTHORIZING THE FILING OF NOTICE OF COMPLETION WITH THE SAN MATEO COUNTY RECORDER’S OFFICE, AND

AUTHORIZING RELEASE OF THE CONSTRUCTION CONTRACT RETENTION IN THE AMOUNT $19,666.93
WHEREAS, the San Buno Avenue and Cherry Avenue Intersection Improvements Project (project) is an established Capital Improvement Program (CIP) project funded through the FY 2023-24 CIP budget with a total approved project budget of $652,000 which included design, construction, staff management, project contingency, construction management, and inspection service; and
WHEREAS, change orders were issued for items such as work related to removing and rewiring the existing intersection conductors, disposing unused conduit, changing a signal pole and framework due to conflicts with underground utilities, modifying the signal pole pullbox and additional potholing due to signal pole changes, and adjusting the quantities for the curb replacement; and
WHEREAS, the total expenditure for the project is approximately $570,000; and WHEREAS, the project is funded through the FY 2023-24 CIP budget and has a realized cost savings of approximately $82,000; and
WHEREAS, all construction work as part of this contract has been completed to the satisfaction of the City’s project management team; and WHEREAS, the construction contract requires the filing of a Notice of Completion of this project with the San Mateo County Recorder’s Office and release of the construction contract retention in the amount of $19,666.93 upon the acceptance of the project as complete.

NOW, THEREFORE, BE IT RESOLVED that the City Council accepts the San Bruno Avenue and Cherry Avenue Intersection Improvements Project as complete, authorizes the filing of Notice of Completion with the San Mateo County Recorder’s Office, and authorizes release of the construction contract retention in the amount of $19,666.93. ---oOo---
I hereby certify that foregoing Resolution No. 2024 - ______ was introduced and adopted by the San Bruno City Council at a regular meeting on February 13, 2024, by the following vote:

AYES:

NOES:

ABSENT:

Lupita Huerta, City Clerk
34 of 330
ATTACHMENT 1
City Council Agenda Item
Staff Report

CITY OF SAN BRUNO
DATE: February 13, 2024
TO: Honorable Mayor and Members of the City Council
FROM: Alex D. McIntyre, City Manager
PREPARED BY: Matthew Lee, P.E., Public Works Director
Harry Yip, P.E., Senior Civil Engineer
SUBJECT: Consider Adoption of a Resolution Establishing a No Parking Zone for Vehicles Over Six Feet Tall North of the Santa Lucia Avenue and El Camino Real Intersection; Modifying the Times for the No Stopping Zone on the North Side of Angus Avenue West from Masson Avenue to Hensley Avenue; and Finding Such Action Exempt from the California Environmental Quality Act
BACKGROUND:

There are two locations that staff is recommending new parking restrictions. El Camino Real and Santa Lucia Ave, and Angus Avenue West from Hensley Avenue to Masson Avenue.

El Camino Real and Santa Lucia Avenue
The intersection of Santa Lucia Avenue and Southbound El Camino Real is an intersection of an arterial road with a residential road. The City has received concerns regarding sight distances of vehicles looking eastbound turning from Santa Lucia Avenue onto El Camino Real due to the parking of trucks over six feet near the northwest corner at the intersection.

There is already an existing parking restriction for 20 feet on El Camino Real near the northwest corner of Santa Lucia Avenue and El Camino Real just north of an existing curb ramp.

The posted speed limits are 35 miles per hour on El Camino Real and 25 miles per hour on Santa Lucia Ave. Figure 1 shows the view that drivers may have entered the intersection. 35 of 330
Item 6f
Honorable Mayor and Members of the City Council
February 13, 2024

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2 Figure 1: View of El Camino Real from Santa Lucia
Angus Avenue West
Angus Avenue West from Green Avenue to Hensley Avenue is one of the main street segments that connect Downtown San Bruno to El Camino Real as it is signalized at El Camino Real. There is two-way traffic on the road and the width of the road is approximately 28 feet.

The City has received concerns from businesses in the Downtown area that there is significant congestion between 6:00 p.m. and 8:00 p.m. on Angus Avenue West due to the volume of traffic in both directions that exists until 8:00 p.m. on the road.

DISCUSSION:

The proposed restrictions and analysis for El Camino Real and Santa Lucia, and Angus Avenue West are further discussed below.

El Camino Real and Santa Lucia Avenue
Staff reviewed the site and had the following findings:

1.There are trucks over six feet parked within 40-80 feet of the intersection that limit visibility of traffic.

2. This intersection is identified in the San Bruno Local Roadway Safety Plan as a high priority intersection due to a history of severe collisions.

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Honorable Mayor and Members of the City Council
February 13, 2024

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2 3. There is significant turning volume from Santa Lucia Avenue and through volume on El Camino Real.

Based on these findings, staff is recommending establishing no parking for vehicles over six feet within 80 feet of the intersection by keeping the existing 20 feet of no parking red curb north of the curb ramp and adding 40 feet. By doing so, this would increase visibility for vehicles entering the intersection as well as visibility of pedestrians using the crosswalk on the southern side of the intersection.

Angus Avenue West
Pursuant to City Council Resolution 1967-42, the City Council restricted stopping on the north side of Angus Avenue West from Masson Avenue to Hensley Avenue from 8:00 a.m. to 6:00 p.m. This was done to reduce conflicts of two-way traffic as a 28 feet wide roadway is only wide enough for either two lanes of travel and one side for parking or one travel lane and parking on both sides. If there is only one lane of travel, one vehicle would have to pullover to the side for an opposing vehicle to pass. At the time of the resolution, restricting stopping 8:00 a.m. to 6:00 p.m. may have been adequate to reduce conflicts, ease congestion, and maintain parking for residents during the evening and overnight.

Staff reviewed current roadway average volumes throughout the day as illustrated in Figure 2 and found that there are significant volumes until 8:00 p.m. Therefore, staff recommends modifying the existing no stopping zone from 8:00 a.m. to 6:00 p.m. to from 8:00 a.m. to 8:00 p.m. on the north side of Angus Avenue West from Masson Avenue to El Camino Real. Additionally, with the implementation of pay parking in Downtown San Bruno, this would align with the street pay parking enforcement hours of 8:00 a.m. to 8:00 p.m.

Figure 2: Weekday Hourly Volume on Angus Avenue West
Both proposed parking modifications have been presented to the Traffic Safety and Parking Committee (TSPC) and residents in the immediate vicinity of the proposed changes have been notified of the proposed changes. The TSPC has concurred with staff’s recommendation to implement these proposed changes.

FISCAL IMPACT:

There is no fiscal impact from the proposed resolution. The implementation of the signs is approximately $2,000. These actions would be funded with the existing budget within FY 2023-

37 of 330

Honorable Mayor and Members of the City Council
February 13, 2024

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7 6
2 24 in the Capital Improvements Program Project 60020 – Traffic Safety and Parking Committee Studies.

ENVIRONMENTAL IMPACT:

The proposed resolution is exempt from the California Environmental Quality Act (CEQA) because it can be seen with certainty that there is no possibility that modifications of parking restrictions would have a significant effect on the environment. (Public Resources Code Section 15061(b)(3)) The modification of parking restrictions are exempt from CEQA pursuant to Class 1 exemption for existing facilities, which include existing highways, streets, and sidewalks, and alterations thereto. (California Code of Regulations 15301 (c).) RECOMMENDATION:

Consider Adoption of a Resolution Establishing a No Parking Zone for Vehicles Over Six Feet Tall North of the Santa Lucia Avenue and El Camino Real Intersection; Modifying the Times for the No Stopping Zone on the North Side of Angus Avenue West from Masson Avenue to Hensley Avenue; and Finding Such Action Exempt from the California Environmental Quality Act
ALTERNATIVES:

1. Do not adopt the resolution and thus do not modify the parking restrictions near the Santa Lucia Avenue and El Camino Real intersection, nor modify the existing parking restrictions on the north side of Angus Avenue West.

2. Modify the resolution.

ATTACHMENT:

1. Resolution with Exhibit A: Map of Proposed Parking Restrictions on El Camino Real and Santa Lucia and Exhibit B: Map of Proposed Parking Restrictions on Angus Avenue West

38 of 330

RESOLUTION NO. 2024 - ___

RESOLUTION ESTABLISHING A NO PARKING ZONE FOR VEHICLES OVER SIX FEET TALL NORTH OF THE SANTA LUCIA AVENUE AND EL CAMINO REAL INTERSECTION;

MODIFYING THE TIMES FOR THE NO STOPPING ZONE ON THE NORTH SIDE OF ANGUS AVENUE WEST FROM MASSON AVENUE TO HENSLEY AVENUE; AND FINDING SUCH

ACTION EXEMPT FROM THE CALIFORNIA ENVIRONMENTAL QUALITY ACT WHEREAS, pursuant to Title VII, Section 7.12.030 of the San Bruno Municipal Code grants the City Traffic Engineer the duty and responsibility for placing and maintaining traffic control devices he or she deems necessary to guide or warn traffic based on engineering principles and investigations;
WHEREAS, sight distance is limited by large trucks parked near the northwest corner of the Santa Lucia Ave and El Camino Real intersection;
WHEREAS, Exhibit A illustrates the proposed and existing parking restrictions on El Camino Real; and
WHEREAS, parking on Angus Avenue West from Masson Ave to El Camino Real can cause congestion if the volumes are heavy;
WHEREAS, volume of traffic on Angus Avenue West from Masson Ave to El Camino Real appears to contribute to congestion between 12:00 p.m. until 8:00 p.m.; WHEREAS, Exhibit B illustrates the proposed parking restrictions on Angus Avenue West; and
WHEREAS, this action is exempt from the California Environmental Quality Act, pursuant to CEQA Guidelines Section 15301(c), existing facilities which exempts minor alterations of existing streets, sidewalks, gutters, bicycle and pedestrian trials, and similar facilities. This project will not cause an expansion of an existing use of the streets.

NOW, THEREFORE, BE IT RESOLVED that the City Council hereby: (i) establishes a 40 foot “No Parking Zone” for vehicles over six (6) feet on El Camino Real from 40 feet to 80 feet north of the Santa Lucia Ave and El Camino Real intersection along the curb, and (ii) modifies the existing no stopping zone on the north side of Angus Avenue West from Masson Avenue to Hensley Avenue by changing the prohibited hours of 8:00 a.m. to 6:00 p.m. to 8:00 a.m. to 8:00 p.m.

AND, BE IT FURTHER RESOLVED that the City Council hereby determines this action is exempt from the California Environmental Quality Act, pursuant to CEQA Guidelines Section 15301(c).
39 of 330
ATTACHMENT 1
2 2
2 3
3 ---oOo---
I hereby certify that foregoing Resolution No. 2024 - ______ was introduced and adopted by the San Bruno City Council at a regular meeting on February 13, 2024, by the following vote:

AYES:

NOES:

ABSENT:

Lupita Huerta, City Clerk
Exhibit A: Map of Proposed and Existing Parking Restrictions on El Camino Exhibit B: Map of Proposed Parking Restrictions on Angus Avenue West 40 of 330
© Latitude Geographics Group Ltd.

0.01 THIS MAP IS NOT TO BE USED FOR NAVIGATION
WGS_1984_Web_Mercator_Auxiliary_Sphere
Miles0.01 This map is a user generated static output from an Internet mapping site and is for reference only. Data layers that appear on this map may or may not be accurate, current, or otherwise reliable.

0.010
336
Santa Lucia Avenue and El Camino Real
1:

San Mateo County
41 of 330 ATTACHMENT 2
© Latitude Geographics Group Ltd.

0.06 THIS MAP IS NOT TO BE USED FOR NAVIGATION
WGS_1984_Web_Mercator_Auxiliary_Sphere
Miles0.06 This map is a user generated static output from an Internet mapping site and is for reference only. Data layers that appear on this map may or may not be accurate, current, or otherwise reliable.

0.030
1,925
Angus Avenue West
1:

San Mateo County
42 of 330 ATTACHMENT 3
City Council Agenda Item
Staff Report

CITY OF SAN BRUNO
DATE: February 13, 2024
TO: Honorable Mayor and Members of the City Council
FROM: Alex D. McIntyre, City Manager
PREPARED BY: Nick Pegueros, Chief Financial Officer
SUBJECT: Consider Adoption of a Resolution Establishing an Award of Contract Policy and Approving Standard Form Agreements
BACKGROUND:

San Bruno Municipal Code (SBMC) Chapter 2.44 establishes a purchasing system for the efficient acquisition of supplies, services, equipment, and technology at the lowest possible cost commensurate with the quality needed, to exercise positive financial control over purchases, to define authority for the purchasing function clearly and to assure the quality of purchases.

Consistent with Chapter 2.44, the City Manager has issued an administrative purchasing procedure to guide the daily operations of the procurement function. City Council last considered the City Manager’s signing authority by adopting Resolution No. 2019-08, setting the signing authority at $75,000.

DISCUSSION:

As provided under SBMC Section 2.44.010, the City Council authorizes the expenditure of city funds in accordance with the approved City budget appropriations and the established level of city services. Under the current Administrative Purchasing policy, expenditure of funds over $75,000 requires authorization from the City Council via Resolution. The consequence of this administrative requirement is that City staff return to the Council for authorization to execute contracts over $75,000 even though the item was approved in the adopted budget.

To streamline this process, the award of contract policy, Exhibit A to Attachment 1, incorporates the following primary amendments:
• Authorize the City Manager to execute standard form agreements for budgeted expenditures and public projects under $250,000. Section 2.44.010 establishes, "Approval of city budget appropriations by the city council authorizes the expenditure of city funds in accordance with that appropriation and the established level of city services." The recommended policy authorizes the City Manager to execute standard form agreements that expend budget appropriations over their signing authority under the following conditions:
• City staff follows the bid requirements outlined in Table 1 of Exhibit A to Attachment 1; and
• City Council appropriated the operating expenditure in the annual budget or subsequent budget amendments (for public projects less than $250,000); and 43 of 330
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5 •The selected vendor agrees to sign the applicable standard form agreement, Exhibits B or C, as applicable, to Attachment 1.
•One-time and Annual Adjustment of the City Manager’s Signing Authority Based on Inflation. The City may realize cost benefits by executing a multi-year agreement. In such instances, staff has interpreted the City Manager’s signing authority to be the number of years covered by an agreement, e.g., five years, multiplied by the City Manager’s signing authority, $75,000. The recommendation is to retain the City Manager’s authority to execute multi-year agreements up to their adjusted signing authority if the vendor agrees to the City’s standard form agreement. The recommendation also provides a one-time adjustment to the City Manager’s signing authority from $75,000 to the inflation-adjusted amount of $92,000 commencing on policy adoption and through June 30, 2025. Beginning July 1, 2025, the recommendation is to adjust the City Manager's signing authority each July1 based on the annual change in the Construction Cost Index (CCI), as reported by Engineering News Record (ENR) for the preceding December.

As with the current administrative procedures and the Municipal Code, the following are exempt from both the bidding and standard form agreement requirements:
•Cooperative purchasing agreements, emergency procedures purchases, and sole/single source purchases, in accordance with San Bruno Municipal Code Chapter 2.44. •Utilities; personnel and benefit expenditures (e.g., medical premiums, retirement contributions, workers’ compensation insurance premiums, staff backfill, etc.); and routine non-service-related purchases such as furniture, equipment, and vehicles where only a purchase order is required.

Additionally, expenditures incurred as part of a development application where the applicant agrees to reimburse costs incurred to process their application are exempt from signing authority requirements when using a standard form agreement.

The proposed amendments strive to simplify the procurement process, making it more responsive to the City’s operational needs while introducing efficiency measures. The City Council adopted budget and standard form agreements serve as internal controls. This strategy aligns with the goal of maintaining a streamlined and effective administrative operation while adhering to the fiscal and operational guidelines established by the City Council and outlined in SBMC Section 2.44.010.

Current Administrative Purchasing Procedures
Former City Manager Grogan issued administrative procedure 20-1 “purchasing procedures” on June 9, 2020, Attachment 2, to direct the City’s purchasing function. City Council did not adopt the administrative procedure. If the City Council approves the recommendation, City staff will update the administrative procedure to conform with the award of contract policy.

FISCAL IMPACT:

The streamlined purchasing and contracting process is expected to reduce the time staff devoted to City Council staff reports for multiple purchases over the course of the fiscal year.

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5 ENVIRONMENTAL IMPACT:

The action is not a project subject to CEQA.  City Council’s action is not considered a “Project” per CEQA Guidelines and therefore no further environmental analysis is required.

RECOMMENDATION:

Consider Adoption of a Resolution Establishing an Award of Contract Policy and Approving Standard Form Agreements.

ALTERNATIVES:

1. Retain current signing authority, requiring City Council approval of all contracts over $75,000.

2. Adjust the City Manager’s signing authority as recommended in the policy to $92,000 with annual adjustments by the ENR CCI, effective upon policy adoption.

3. Increase or decrease the recommended City Manager’s signing authority of $250,000 for public projects.

ATTACHMENTS:

1. Resolution

2. Administrative Procedure 20-1 “Purchasing Procedures”

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2 2
4 3
RESOLUTION NO. 2024 -

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN BRUNO ESTABLISHING AN

AWARD OF CONTRACT POLICY AND APPROVING STANDARD FORM AGREEMENTS WHEREAS, the San Bruno Municipal Code (SBMC) Chapter 2.44 establishes a comprehensive purchasing system designed for the efficient acquisition of supplies, services, equipment, and technology, ensuring quality and financial control over purchases; and WHEREAS, consistent with Chapter 2.44, the City Manager has implemented administrative purchasing procedures to guide procurement operations, last updated with City Council Resolution No. 2019-08, setting the signing authority at $75,000; and WHEREAS, current administrative policies require City Council authorization for expenditures over $75,000, creating a need for a streamlined process for the execution of contracts approved within the adopted budget; and
WHEREAS, to enhance operational efficiency and leverage the city budget appropriations effectively, a revision to the City Manager’s signing authority and procurement policies is necessary; and
WHEREAS, the City Attorney has developed form agreements for general services and for consultant services which collectively reduce liability to the City and enhance operational efficiency by streamlining the review process, thereby decreasing the time required for review; and
WHEREAS, the proposed policy amendments include the use of standard form agreements approved by the City for organizations wishing to work with San Bruno, allowing the City Manager to execute agreements for budgeted expenditures and public projects up to $250,000 under specific conditions;
NOW, THEREFORE, BE IT RESOLVED, that the City Council hereby adopts the Award of Contract Policy, attached as Exhibit A; and
BE IT FURTHER RESOLVED, that the City Council hereby adopts standard form agreements on file with the City Clerk, with such changes from time to time as deeded necessary or useful by the City Manager with the concurrence of the City Attorney. ---oOo---
I hereby certify that foregoing Resolution No. 2024 -
was introduced and adopted by the San Bruno City Council at a regular meeting on February 13, 2024, by the following vote:

AYES:

NOES:

ABSENT:

Lupita Huerta, City Clerk
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ATTACHMENT 1
Award of Contract Policy
Resolution No. 2024-__
February 13, 2024
I. Purpose
The City of San Bruno Award of Contract Policy establishes efficient procedures for the acquisition of supplies, services, equipment, and technology at the lowest possible cost commensurate with quality needed, to exercise positive financial control over purchases, to clearly define authority for the purchasing function and to assure the quality of purchases. Approval of City budget appropriations by the City Council authorizes expenditure of City funds in accordance with that appropriation and the established level of city services.1 2 II. Delegation of Authority
The City Manager is designated as the City’s purchasing officer3, responsible for developing and implementing administrative regulations aligned with this policy's purpose. The City Manager may delegate their authority at their sole discretion.

III. Award of Contract
The purchasing officer has the authority to issue purchase orders and award contracts for goods or services in accordance with Table 1. City Council approval is necessary for: (1) all contracts that do not conform to the City’s standard form of agreement, and (2) public projects over $250,000.

IV. Signing Authority
The purchasing officer’s signing authority adjusts each July 1 based on the annual change in the Construction Cost Index (CCI), as reported by Engineering News Record (ENR4), during the twelve- month period prior to the previous December. The Fiscal Year 2024 (FY24) base year signing authority and CCI is $92,000 and 15525.00, respectively, with the next update for FY26 effective July 1, 2025. Adjustments round up to the next increment of $1,000 and, if the CCI experiences a negative change in any year, the signing authority valuations will remain unchanged. Finance will issue a memo each June to document the purchasing officer’s revised signing authority for the upcoming fiscal year. The purchasing officer is authorized to execute multi-year agreements, provided the contract does not exceed five full fiscal years and terminates on or before June 30th in the final year of the contract.

V. Standard Form Agreements
The purchasing officer may only execute standard form agreements approved by City Council unless City Council authorizes an exception to the standard form agreement in advance, except that the purchasing officer may modify the standard form agreements’ insurance requirements after considering recommendations of the City’s insurance provider upon consideration of the risks associated with the goods procured or services rendered. The City Manager may revise the standard form agreement from time to time as deemed necessary or useful by the City Manager, with the concurrence of the City Attorney.
1 San Bruno Municipal Code (SBMC) Section 2.12.060.i
2 SBMC Section 2.44.010
3 SBMC Section 2.44.020
4 https://www.enr.com/economics/historical_indices/SanFrancisco 47 of 330
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City of San Bruno Page 2
Award of Contract Policy
Resolution No. 2024-__
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VI. Exceptions
The following are exempt from award of contract, signing authority, and standard form agreement requirements:

1. Cooperative purchasing agreements 5, Emergency procedures purchases6, and Sole/single source purchases7, in accordance with San Bruno Municipal Code Chapter 2.44.

2. Utility bill payments, payments to other governmental agencies, personnel and benefit expenditures (e.g., medical premiums, retirement payments, workers’ compensation insurance premiums, staff backfill, etc.), routine non-service-related purchases such as furniture, fixtures, equipment, and vehicles where only a purchase order is required. 5 SBMC Section 2.44.110
6 SBMC Section 2.44.120.a
7 SBMC Section 2.44.120.b
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Award of Contract Policy
Resolution No. 2024-__
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0 0
VII. Table 1: Award Authority and Bid Requirements Summary Category Standard Form
Agreement Amount Bid
requirement
Approving
Authority
$30,000 or less Informal Bid Chief Financial
Officer
$30,001 to $100,000 Informal Bid
Unmodified8
$100,001 to budgeted
authority or pass-through
reimbursement agreement

RFP/RFQ
City Manager
$100,000 or less Informal Bid
Budgeted and
pass-through
expenditures
Modified
Greater than $100,000 RFP/RFQ
City Council
$200,000 or less Informal Bid
Unmodified
$200,001 to $250,000 Formal Bid
City Manager
Public Projects9 10
N/A Greater than $250,000 Formal Bid City Council
VIII. Policy Adoption
History
Action Date Notes
Policy adoption by Resolution February 13, 2024 Resolution No. 2024-___ 8 City Manager may modify the “amount” and “approving authority” administratively at their discretion. 9 SBMC Section 2.44.070
10 Public Project limits for informal bids are set by Public Contract Code (PCC) Section 22000, et seq. under the California Uniform Public Construction Cost Accounting Act (UPCCAA)

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City Council Agenda Item
Staff Report

CITY OF SAN BRUNO
DATE: February 13, 2024
TO: Honorable Mayor and Members of the City Council
FROM: Alex D. McIntyre, City Manager
PREPARED BY: Nick Pegueros, Chief Financial Officer
Yu-Chiao Chao, Accountant
John Mercado, Accountant
SUBJECT: Receive and File the Annual Comprehensive Financial Report, Report on Agreed-Upon Procedures Applied to Appropriations Limit Schedule, and Other Required Outside Agency Reports for the Fiscal Year Ended June 30, 2023
BACKGROUND:

San Bruno Municipal Code Section 2.28.030(b) and California state law require the City to engage an independent certified public accountant to audit the City's financial transactions and reports annually. The City engaged Badawi & Associates (Auditors) to conduct the audit, with this year’s audit being the firm's second for San Bruno. The audit examines the financial statements, evaluates compliance with applicable laws and regulations, and assesses the City's internal controls against fraud. The Annual Comprehensive Financial Report (ACFR) is the City's formal financial statements document, and it includes important disclosures about a city’s financial policies, assets, liabilities, and performance over the past two years.

DISCUSSION:

Overall Financial Health
Net position, the difference between assets and liabilities, is a measure of fiscal health over time, with an increase often indicating sound financial management. As of June 30, 2023, the City's combined net position stood at $293.6 million, up $99.2 million or 51% from the previous year. However, such a substantial year-over-year increase warrants further analysis to determine if it stems from one-time events or represents a structural shift in the City's finances.

The Fiscal Year 2022-23 (FY23) saw two significant one-time events contributing to the $99.2 million rise in net position. First, the City received $56.6 million in impact fees and community benefits, largely restricted in use and considered one-time revenue. Second, the net position benefitted from a $22.9 million contribution by the San Bruno Community Foundation for the new Recreation and Aquatic Center (RAC). Additionally, transient occupancy and cardroom taxes increased by $1.1 million and $1.0 million, corresponding to rises of 43.6% and 43.3%, respectively.

The ongoing litigation of the City’s tax share agreement with Walmart.com is a major concern.

On April 17, 2023, the California Department of Tax & Fee Administration (CDTFA) issued a 57 of 330
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4 reallocation notice of approximately $27.5 million to the City and Walmart, proposing redistributing sales taxes from the tax share agreement to other jurisdictions. The City and Walmart filed for legal relief on October 26, 2023, to affirm the City's sales tax allocation. A loss in this case could significantly impact the City's structural revenues, with limited alternatives to recover the potential sales tax shortfall from other retailers.

General Fund Overview
The financial statements present all unrestricted funds under the “General Fund” column, consolidating the City’s General Fund operations and reserves, Measure G, and the American Rescue Plan Act. Fiscal Year 2022-23 (FY23) ended with a $6.6 million deficit resulting from the use of one-time monies to support transfer to capital improvement program funds. Revenues totaled $69.7 million, up $6.3 million or 10.0% from the previous year, due to moderate growth in taxes, licenses, permits, and charges for services. Expenditures totaled $59.0 million, marking an increase of $5.6 million or 10.5% from the previous year, primarily due to increased allocations to public safety and maintenance of general public works and streets. Net interfund transfers totaled a negative $17.4 million to support capital improvement projects. Details on each Fund reported in the “General Fund” column of the financial statements are available in the Supplementary Information section of the ACFR.

New Major Fund: Developer Agreements and Impact Fee Funds Developer agreement and impact fee revenues in FY23 totaled $56.6 million, primarily from Google/YouTube campus expansion, and are recorded across nine distinct Funds to ensure the proper use of impact fee collections under state law and the terms of development agreements.

The nine funds are consolidated into one column, “Developer Agreements and Impact Fees,” and are a “major fund” on the face of the basic financial statements. Details on each developer agreement and impact fee Fund are available in the Supplementary Information section of the ACFR.

Enterprise Funds Overview
The Water Fund's net position rose by $0.8 million to $71.1 million, a significant drop from the previous year's $5.5 million increase due to the suspension of rate adjustments for the Fund’s operations and capital improvements. Revenues remained steady while expenses grew by about $4.9 million. Although the City adopted a five-year rate plan with annual 5% increases in 2017, the City chose not to raise water rates in the final two years of the five-year plan due to the pandemic. The City resumed its past practice of annual rate increases to ensure the enterprise's fiscal solvency by adopting a five-year water rate plan, effective January 1, 2024.

Similarly, the Wastewater Fund's net position increased by $4.4 million to $77.4 million, less than the previous year's $5.4 million increase, again due to suspended rate adjustments, resulting in nearly unchanged revenues and a $2.1 million (16.4%) rise in expenses. Although the City adopted a five-year rate plan with annual 5% increases in 2017, the City chose not to raise wastewater rates in the final two years of the five-year plan due to the pandemic. The City resumed its past practice of annual rate increases to ensure the enterprises’ fiscal solvency by adopting a five-year wastewater rate plan, effective July 1, 2023.

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4 fees, internal service allocations, and general overhead allocations. The Fund has been experiencing annual operating losses, including losses of $794,852 in FY23 and $861,293 in the prior year.

However, additional rate increases, potentially between 2% and 5%, are being considered to further financial stability. In FY24, City staff will evaluate whether rate increases are sufficient to begin repayment of the amounts owed to the General Fund. The CityNet Enterprise may no longer be a going concern if rate increases are insufficient to repay amounts owed to the General Fund. In December 2023, the City issued a Request for Interest to gauge the private- sector’s appetite to acquire CityNet's customer base and infrastructure as part of a broader strategy to ensure continuity of services to the community.

The Stormwater Fund, as of June 30, 2023, also had a negative equity balance of $2.2 million, comprised of negative cash and non-cash liabilities such as unfunded pension liabilities. The negative equity balance included $0.6 million owed to the General Fund. The enterprise reported operational losses of $1,099,400 in FY23, up from $590,107 in the previous year. Like CityNet, Stormwater requires transfers from the General Fund to meet its operational and capital spending requirements. Starting in July 2023, the City began collecting $798,993 annually from the garbage franchise to offset stormwater service costs, which are affected by the amount of garbage in culverts and drains. This new revenue covers about 70% of the deficit, and efforts are ongoing to reduce the General Fund’s support of the enterprise.

Report on Transfers Between Funds
The City Council's adopted fund balance and reserve policy requires reporting of transfers from the General Fund to other funds to offset negative cash balances in the receiving fund. Three funds received transfers from the General Fund in FY23 to offset their negative cash balances.

The causes of these negative funds result from cumulative deficits, as discussed above, for CityNet and Stormwater Enterprises and are recorded as advances with an expectation of repayment over time. For FY23, the State/Federal Grants fund also required a transfer from the General Fund to meet cashflow needs resulting from the 2023 Winter Storm Emergencies. The City has applied for federal emergency relief funds available to local governments for eligible expenditures associated with the emergencies. Reimbursement requests are pending. The following summarizes the reduction in resources available for operations, capital, and reserves in the General Fund to eliminate negative cash positions in other funds.

Transfer from General Fund to:

CityNet Enterprise $16,036,799
Stormwater Enterprise 642,426
State/Federal Grants 1,450,548
Total $18,129,773
Transportation Development Act Program (TDA) Report
The TDA audit report, Attachment 5, raised an audit finding that the City did not file the audit report to the Metropolitan Transportation Commission within 180 days of the close of Fiscal Year 2022 (FY22). Due to staff transitions in the Finance Department, the City incorrectly asserted that a TDA audit was not required for FY22, thereby failing to submit a fiscal audit in

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4 accordance with Section 99245 of the Public Utilities Code (PUC) for each year expenses are encumbered against the TDA Program. PUC Section 99245 states that the City must submit its TDA audit within 180 days of the end of the fiscal year. The City acknowledges the need for corrective actions to address the failure to identify TDA expenditures in the FY22 year-end close procedures. Staff is developing a structured and robust grants management procedure in response to this recommendation, effective for the June 30, 2024, audit. This procedure will specifically focus on tracking revenue and expenditure, emphasizing timely and comprehensive year-end processes.

FISCAL IMPACT:

There is no fiscal impact.

ENVIRONMENTAL IMPACT:

The action is not a project subject to CEQA.  City Council’s action is not considered a “Project” per CEQA Guidelines and therefore no further environmental analysis is required.

RECOMMENDATION:

Receive and File the Annual Comprehensive Financial Report, Report on Agreed-Upon Procedures Applied to Appropriations Limit Schedule, and Other Required Outside Agency Reports for the Fiscal Year Ended June 30, 2023.

ALTERNATIVES:

1. Receive and file report and request that the City’s auditor provide a presentation at a future City Council meeting.

ATTACHMENTS:

1. City of San Bruno Annual Comprehensive Financial Report (ACFR) for the Fiscal Year Ended June 30, 2023

2. Independent Accountants’ Report on Agreed-Upon Procedures Applied to Appropriations Limit Schedule

3. Measure A Fund Audit Report for the Fiscal Year Ended June 30, 2023

4. Measure W Fund Audit Report for the Fiscal Year Ended June 30, 2023

5. Transportation Development Act Program Audit Report for the Fiscal Year Ended June 30, 2023

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ATTACHMENT 1

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CITY OF SAN BRUNO, CALIFORNIA

ANNUAL COMPREHENSIVE FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED JUNE 30, 2023
Prepared by:

Finance Department

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City of San Bruno
Annual Comprehensive Financial Report
For the year ended June 30, 2023
Table of Contents
Page

INTRODUCTORY SECTION
Letter of Transmittal ....................................................................................................................................................... i Directory of Officials .................................................................................................................................................... ix Organizational Chart ..................................................................................................................................................... x

FINANCIAL SECTION
Independent Auditors’ Report ...................................................................................................................................... 1 Management’s Discussion and Analysis ................................................................................................................... 7 Basic Financial Statements
Government-Wide Financial Statements:

Statement of Net Position ..................................................................................................................................... 27 Statement of Activities ..................................................................................................... ..................................... 28 Fund Financial Statements:

Balance Sheet – Governmental Funds ........................................................................................... .................. 34 Reconciliation of the Governmental Funds Balance Sheet
to the Statement of Net Position .......................................................................................... ......................... 36 Statement of Revenues, Expenditures and Changes in Fund Balances – Governmental Funds ........................................................................................................ .............................. 38 Reconciliation of the Statement of Revenues, Expenditures and Change in Fund Balances of Governmental Funds to the Statement of Activities ................................................... 40 Statement of Net Position – Proprietary Funds .............................................................................. .............. 42 Statement of Revenues, Expenses and Changes in Net Position – Proprietary Funds ............................ 44 Statement of Cash Flows – Proprietary Funds ................................................................................ ............... 46 Statement of Fiduciary Net Position – Fiduciary Funds ............................................................................... 50 Statement of Changes in Fiduciary Net Position – Fidu ciary Funds .......................................................... 51 Notes to Basic Financial Statements .......................................................................................................................... 55 Required Supplementary Information
Schedule of Revenues, Expenditures and Changes in Fund Balances – Budget and Actual – General Fund .......................................................................................... .................. 103 Schedule of Revenues, Expenditures and Changes in Fund Balances – Budget and Actual – Developer Agreements and Impact Fees Fund ................................................... 104 Schedule of Changes in the Net Pension Liability and Related Ratios – Miscellaneous Plan .............. 106 Schedule of Pension Plan Contributions – Miscellaneou s Plan ................................................................. 108

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City of San Bruno
Annual Comprehensive Financial Report
For the year ended June 30, 2023
Table of Contents
Page
FINANCIAL SECTION (Continued)
Schedule of the City’s Proportionate Share of the Net Pension Liability – Safety Plan ............................ 110 Schedule of Pension Plan Contributions – Safety Plan ........................................................................ .......... 112 Supplementary Information
General Fund Combining Balance Sheet ......................................................................................................... 118 General Fund Combining Schedule of Statem ent of Revenues, Expenditures, and Changes in Fund Balances .............................................................................................................. ..................................... 119 General Fund Combining Schedule of Revenues , Expenditures, and Changes in Fund Balance- Budget and Actual .......................................................................................................... ................................. 120 Combining Balance Sheet – Developer Agreements and Impa ct Fees Fund .............................................. 122 Combining Balance Sheet Schedule of Statemen t of Revenues, Expenditures, and Changes in Fund Balances - Developer Agreements and Impact Fees Fund ............................................................... 124 Schedule of Revenues, Expenditures and Changes in Fund Balances – Budget and Actual – Parks and Facilities and Technology Capital Improvement ................................. 126 Nonmajor Governmental Funds:

Combining Balance Sheet ...................................................................................................... ................................ 128 Combining Statement of Revenues, Expenditures and Chan ges in Fund Balances ..................................... 132 Statements of Revenues, Expenditures and Changes in Fund Balances – Budget and Actual ........................................................................................................... .................................... 136 Internal Service Funds:

Combining Statement of Net Position .......................................................................................... ....................... 152 Combining Statement of Revenues, Expenses and Changes in Net Position ................................................ 154 Combining Statement of Cash Flows ............................................................................................ ....................... 156

STATISTICAL SECTION
Net Position by Component .................................................................................................................................. 163 Changes in Net Position ...................................................................................................... .................................. 164 Fund Balances of Governmental Funds .......................................................................................... .................... 168 Changes in Fund Balance of Governmental Funds ................................................................................ ........... 170 Assessed Value and Estimated Actual Value of Taxable Pr operty ................................................................. 172 Direct and Overlapping Property Tax Rates ............... ....................................................................................... 173 Principal Property Taxpayers ................................................................................................. .............................. 174 Schedule of Top 40 Business License Taxpayers ............. ................................................................................... 175 Property Tax Levies and Collection ........................................................................................... .......................... 176 Ratios of Outstanding Debt by Type ........................................................................................... ........................ 177 Direct and Overlapping Governmental Activities Debt ..... .............................................................................. 178

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City of San Bruno
Annual Comprehensive Financial Report
For the year ended June 30, 2023
Table of Contents
Page
STATISTICAL SECTION (Continued)
Legal Debt Margin Information ................................................................................................ ............................ 179 Pledged Revenue Coverage ..................................................................................................... ............................. 180 Demographic and Economic Statistics .......................................................................................... ...................... 181 Principal Employers .......................................................................................................... ..................................... 182 Full Time Equivalent City Employees by Function/Program ......................................................................... 183 Operating Indicators by Function/Program ..................................................................................... ................. 184 Capital Asset Statistics by Function/Program ................................................................................. .................. 185

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Introductory Section

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i
January 25, 2024
Honorable Mayor and Members of the City Council
City of San Bruno
San Bruno, CA 94066
Dear Mayor, Members of the City Council, and Residents of the City of San Bruno, California:

The Annual Comprehensive Financial Report (ACFR) of the City of San Bruno (City) for the fiscal year ended June 30, 2023, is herewith submitted. The City compiles and assists in the preparation of the ACFR covering the financial condition and r esults of operations for the City. Re sponsibility for the accuracy of the presented data, and the completeness and fairness of the presentation, including all footnotes and disclosures, rests with the management of the City. To the best of my kn owledge and belief, the enclosed financial statements and schedules are accurate in all material respects and are reported in a manner designed to present fairly the financial position and results of operations of the various funds and component units of the City.

FINANCIAL STATEMENT PRESENTATION
This report has been prepared in accordance with Generally Accepted Accounting Principles (GAAP) in the United States of America for state and local gove rnments as promulgated by the Government Accounting Standards Board (GASB) and includes all disclosures necessary for readers to gain an understanding of the financial activities of the City.

The ability to produce a timely and accurate ACFR depends upon the adequacy of the internal controls of the City. To provide a reasonable basis for making these representations, management of the City made a commitment to establish a comprehensive in ternal control framework that is designed both to protect the City’s assets from loss, theft, or misuse and to compile sufficient reliable information for the preparation of the City’s financial statements in conformity with GAAP. Manage ment is responsible for establishing and maintaining adequate internal controls in the City. As such, management made a commitment to establish a framework designed to provide reasonable rather than absolute assurance regarding the achievement of objectives in the following categories: (a) efficiency an d effectiveness of operations; (b) reliability of financial reporting, and (c) compliance with applicable laws and regulations. Reasonab le assurance is defined as a high, but not absolute, level of assurance about whether the representations are free of material misstatement. Internal controls cannot provide absolute level of assurance due to certain inherent limitations, such as errors in judgment, collusion, or management override of controls.

The City’s financial statements for the fiscal year ending June 30, 2023 have been audited by Badawi and Associates, a public accounting firm licensed and qualified to perform audits of local governments within the State of California. The audit was conducted in accordan ce with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States.

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The independent audit of the financial statements of the City was part of a broader, federally mandated “Single Audit” designed to meet the special needs of Federal grantor agencies, including compliance with the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards issued by the United States Office of Management and Budget (OMB). The standards governing Single Audit engagements require the independent auditor to report not only on the fair presentation of the financial statements, but also on the audited government’s internal controls and compliance with legal requirements, with special emphasis related to and involving the administration of Federal Awards. These reports are available in the City’s separately issued Single Audit Report (issued in January 2024).

This letter of transmittal is designed to complement the Management’s Discussion and Analysis (MD&A), and therefore, does not discuss the financial operations a nd results of the City, which are fully discussed in the MD&A. For that reason, this letter should be read in conjunction with the MD&A in order to gain better understanding of the financial conditions of the City.

This ACFR is presented in three sections: introductory, financial, and statistical. The introductory section includes this transmittal letter, the City’s organizational chart, and a list of principal officials. The financial section includes the basic financial statements and the combined financial statem ents and schedules, the independent auditor’s report on these financial statements and schedules, and management’s discussion and analysis (MD&A).

The statistical section includes selected financial and demographic information, generally presented on a multiyear basis.

The independent auditor’s report is presented as the first component of the financial section of the ACFR, followed by the MD&A, which provides a narrative introduction, overview, and analysis to accompany the basic financial statements. This letter of transmittal is desi gned to complement the MD&A and should be read in conjunction with it. The City’s MD&A can be found immediately following the Independent Auditor’s Report.

CITY PROFILE & SERVICES

With a population currently estimated at 42,054, San Bruno is 202 nd largest city in California and the fifth
largest city in San Mateo County. San Bruno is located on the San Francisco Peninsula, approximately 12 miles south of Downtown San Francisco. The city covers a tota l land area of 5.5 square miles, located between South San Francisco and Millbrae, and immediately adjacent to the San Francisco International Airport and Golden Gate National Cemetery. San Bruno serves as a major transportati on center, with immediate access to major interstate freeways, including 101, 280 and 380; and commuter rail lines, such as Caltrain and Bay Area Rapid Transit (BART). San Bruno is adjacent to San Francisco International Airport, which can be accessed using BART or US 101. However, the other major San Francisco Bay Area ai rports (Oakland and San Jose) are accessible from San Bruno via BART, for the former, and Caltrain plus VTA se rvices, for the latter. The community has more than 12,000 homes and residences of all types; and vast oppor tunities for commercial and industrial development.

Major commercial facilities include Google, Amazon, Walmart, and Tanforan Crossing.

City Structure

San Bruno is a general law city incorporated in 1914 that operates under the council-manager form of government. Policy-making and legislative authorities are vested in the City Council consisting of the mayor and four other members. City Council members are elected at large for staggered four-year terms, and the Mayor is elected for a two-year term. The Mayor and City Coun cil serve as the legislative and policy-making body of the City government and are responsible for passing ordinances, adopting th e budget, appointing committees, and appointing the City Manager and City Attorney. The City Council adopts financial policies that provide guidance to critical areas such as budget administration and l ong-term planning, debt a nd cash management, fund balance/reserve levels, and risk management. The City Manager is responsible for the daily administration of the policies and ordinances of the City Coun cil, providing overall direction to all City Departments, and appointing department directors.

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City Services

The City provides a wide range of services to its residents including public safety protection through Police and Fire; the construction and maintenance of str eets and infrastructure including water, wastewater, and stormwater services; community development through pl anning, building inspection, code enforcement, and redevelopment of key city areas; parks maintenance and full recreation services; library services; cable television and broadband internet services; and financial management and administration of the overall organization. Other entities within the city-incorporated area provide service to the City’s population even though the City may not exercise oversight responsibility or fiscal control over such entities; these entities include school districts and other special districts. The City employs 263 full-time equivalent positions.

Financial Reporting Entity

For financial reporting purposes, the reporting entity of the City consists of: (1) the primary government; (2) one discretely presented component unit: San Bruno Public Financing Authority; and (3) two blended component units: Successor Agency to the San Bruno Redevelopment Agency Trust Fund, and the Recology San Bruno Custodial Fund, for which the City Council is financially accountable for; therefore, these component unit activities are included in the accompanying basic financial statements. The San Bruno Community Foundation is considered related organization because the City is not financially accountable for its operations. Furthermore, the City has an equity interest via participation in a numbe r of joint ventures, which ex ist due to joint exercise of power agreements. The complete financial activities have not been included for these entities as the City Council is not financially accountable for them. The funds and accounts for all agencies, boards, and authorities that have been identified as part of the primary government or th e component units have been included in the reporting entity. Further information on the reporting entity can be f ound in Note 1, on page 55 of the Notes to the Basic Financial Statements.

Budgetary Information

Public meetings are conducted to obtain public co mments. The City Council annually adopts the budget for the ensuing fiscal year prior to July 1
st. Budgeted appropriations for the va rious governmental funds become effective each July 1. The City Council may amend the budget during the fiscal year. Under Article XIII B of the California Constitution (the GANN Spending Limitation Initiative), the City is restricted as to the amount of annual appropriations from the proceeds of taxes, and if proceeds of taxes exceed allowed appropriations, the excess must either be refunded to the State Controller, returned to the taxpayers through revised tax rates or revised fees schedules, or an excess in one year may be offset against a deficit in the following year.

Budgetary Controls

The City utilizes budgetary controls designed to mo nitor compliance with expenditure limitations and legal provisions embodied in the annual operating and cap ital budget approved by the City Council. The annual operating and capital budget serves as the foundation for the City’s financial planni ng and control. All departments and divisions are required to submit requests for appropriations to the City Manager. These requests are used as the starting point for developing a proposed operating and capital budget. The City Manager and Chief Financial Officer then present the proposed budget for th e City Council’s review. The City Council is required to hold a public hearing on the proposed budget and adopt a final budget no later than June 30, the last day of each fiscal year. Activities of all funds, except fiduciary f unds, are included in the Annual Operating and Capital Budget. The City also adopts a five-year capital im provement program, appropriating the current year’s expenditures in the annual budget. The level of control (t hat is, the level at which expenditures cannot legally exceed the appropriated amount) is established at the fund level. The City Manager may authorize transfers of appropriations in the adopted budget within funds; howeve r, any revisions which alter the total expenditures of any fund must be approved by the City Council. Quarterly financial reports are presented to the City Council to assess and evaluate budget variances during the year. Budge t amendments requiring a change in appropriations require approval by the City Council and are submitted as needed during the course of the fiscal year. Budgets for the General, Major Special Revenue, and Capital Project Funds are adopted on a basis consistent with accounting principles generally accepted in the United States of America (GAAP). The annual budget is assigned specific accounting attributes and is uploaded into the accounting system, thereby establishing the budget authority. The

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budget authority established in the accounting system of record is then reconciled to the levels of funding authorized by the Adopted Budget.

In addition, the City used encumbrance accounting as a means of strengt hening budgetary controls and financial reporting. Under this method of accounting, purchase orders, contracts, and other commitments for the expenditure of funds are recorded in the accounting system for the City in order to reserve the portion of the related appropriation that will be needed for the expenditu re to ensure that expenditures are within the budgeted amounts. Generally, encumbered amounts lapse at year-e nd in the General Fund but not in the Capital Project Funds or the Special Revenue Funds.

Fund Balance Reserves

Reserve Policies: In complying with the provisions of GASB Statement 54 (fund balance reporting and fund type definitions), the City assigns a portion of its Ge neral Fund balance to reserve designations that include Contingency, Emergency Disaster and Capital Improvement/One-Time Initiati ve Reserve. The City’s Reserves Policy designates the General Fund reserves for econom ic uncertainty, capital improvements, as well as the reserve for the internal service funds, which includes Ce ntral Garage, Buildings and Facilities, and Technology.

Per policy, the General Fund reserves target should be no l ess than three months of city operating costs with an initial deposit of 20% of General Fund expenditures or at least 25% of budgeted General Fund expenditures. While further delineated in the accompanying MD&A, at the end of fiscal year 2023, the unassigned fund balance of the General Fund was $7.4 million, while the total fund balance was $40.0 million (includes non-spendable advances to other funds and deferred revenue of $16.7 million, and a further $15.9 million assigned for various purposes).

The unassigned fund balance represents 12.6% of total General Fund expenditures of $59.0 million (excluding Transfers Out).

General Fund Contingency Fund – The General Fund Contingency Fund has a target fund balance of $1.5 million. This fund can be utilized through resolution of the City Council for any appropriation deemed appropriate.

General Fund Reserve – The General Reserve Fund has a target f und balance of 25% of the budgeted General Fund expenditures. The General Fund Reserve Fund balance shall not fall below 15% of General Fund operating expenditures except in a declaration of emergency.

Emergency Disaster Reserve – An Emergency Disaster Reserve has a target fund balance of $3 million. This fund is intended to be utilized in the event of a declar ation of emergency that requi res the expenditure of funds outside of the adopted budget.

Capital Improvement Reserve – A Capital Improvement Reserve Fund has an initial fund balance of $5 million.

While this fund has an initial goal of $5 million, funds shall continue to be added to this fund until it has reached a fund balance of $8 million.

Central Garage Reserve – The Central Garage Reserve has a targ et amount of 25% of budgeted department expenditures, not to drop below 15% except in a declaration of emergency.

Building and Facilities Reserve – The Buildings and Facilities Reserve has a target amount of 25% of budgeted department expenditures, not to drop below 15% except in a declaration of emergency.

Technology Reserve – The Technology Reserve has a target am ount of 25% of bu dgeted department expenditures, not to drop below 15% except in a declaration of emergency.

City Accounting and Financial System

The accounting system of the City is organized and mainta ined on a fund basis. A fund is a separate, distinct accounting entity that has its own assets, deferred outflows of resources, liabilities, deferred inflows of resources, fund balance/net position, revenues, and expenditures/expenses. The City uses GAAP when determining the types

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of funds to establish and sound fina ncial management practices when dete rmining the number of funds within each fund type.

Measurement Focus and Basis of Accounting

The financial statements for the City are prepared in accordance with GAAP. Accordingly, the measurement focus and basis of accounting applied in the preparation of the government-wide financial statements and fund financial statements are as follows:

 The government-wide financial statements focus on a ll of the economic resources of the City and are prepared using the full accrual basis of accounting
he governmental fund financial statements focus
primarily on the sources, uses, and balances of curre nt financial resources and are prepared using the modified accrual basis of accounting.

 Proprietary funds, pension trust f unds, Other Employee Benefits Trust Funds, and other fiduciary funds are accounted for in the same ma nner as business enterprises, whic h use the full accrual basis of accounting.

Transparency in Government Operations and Financial Reporting

ECONOMIC CONDITION AND OUTLOOK

The information presented in the financial statements is best understood when it is considered within the broader perspective of the specific environment in the City of San Bruno.

Local Economy

The City’s geographic location is in cl ose proximity to Silicon Valley which significantly elevates its economic position and makes San Bruno a highly desirable location for businesses and residents. The City is located at the intersection of three major interstate fr eeways (Highway 101, Interstate 380, and Interstate 280), making the City easily accessible from San Francisco to the north and from Silicon Valley to the south. The City also has Bay Area Rapid Transit (BART) and Caltrain stations located within its limits, making it readily accessible via public transportation. In addition, the San Francisco International Airport is immediately adjacent to the City making it a popular destination for business travelers and tourists.

The City has made significant improvements towards a healthy recovery from the effects of COVID pandemic during the 2023 fiscal year. With the federal assistan ce ($10.2 million) from the American Rescue Plan Act (ARPA), the City has worked diligently with local businesses to help in keeping their doors open for business, as well as the funding programs to stimulate the local econom y and restore some city services. Nine previously frozen positions were restored, and nine new positions were added to the City team. ARPA fund is expected to exhaust by December 31, 2024. Despite the pandemic, San Bruno has seen a year over year increase in its assessed valuation in 2023, even as signs begin to emerge that retail spaces may be experiencing a fundamental shift.

Long-term Perspective

The City has been prudent with its financial resources and has contained costs by implementing both structural and one-time budget savings. The City worked incredibly diligently to reduce the leve l of reserves used during FY23 and will continue to do so moving forward while the effects from the COVID-19 pandemic continue. While the City has consistently worked to balance its budget, the City must contin ue this effort and make additional adjustments to its general fund expenditures to address and resolve an ongoing structural deficit largely driven by rising employee benefit costs.

The City employs long-term planning as the framework for its fiscal decisions and recently updated its forecasting model to provide a comprehensive and agile tool projecting the City’s fi nances for a five-year period for the General Fund as well as other key operating funds. While the General Fund structural budget gap has been greatly reduced as compared to years past, the City continues its efforts to eliminate structural gaps and achieve a more stable fiscal outlook on a long-term basis.

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While San Bruno’s underlying economy is viewed as stab le and positive in the long-term, today’s economic challenges, notably to the City’s General Fund, must be dealt with immediately to ensure long-term economic stability. The other enormous challenge is continuing to provide an ever-inc reasing high level of service to the community with limited resources and rising employee benefit costs – while ensuring long-term economic stability.

Long Range Financial Planning: The City continues to refine its long -range financial planning tools as part of managing the annual budget for the General Fund, other key revenue funds such as internal service and enterprise funds, and the Capital Improvement Program. Utilizing a five-year approach has helped the City identify and plan accordingly to manage potential future structural deficits.

Long-term Debt Ratings: The City maintains excellent ratings on its debt issuances. In recent fiscal years, the City has received high ratings, including a AAA rati ng from Standard & Poor for the 2013 Taxable Pension Obligation Bonds and a AA+ rating for the 2017 Water Revenue Bonds, 2017 Wastewater Revenue Bonds, 2017 Water Revenue Bonds and 2019 Lease Revenue Bonds. A critical component of the rating agency review is the City’s financial management status, i.e., appropriate reserve levels, plans to reduce liabilities, fiscal policies, etc.

If the City fails to maintain these areas of fiscal control, the City could see a reduction in future ratings.

Debt Administration: The City has adopted a comprehensive debt management policy that guides the issuance and management of City debt. The policy includes establishing the legal debt limits (per State law this equates to 15% of assessed value of all real and personal property of the city); identifying the types of debt that can be issued and purposes for which debt proceeds can be used; estab lishing financial limits affecting debt issuance; and identifying guidelines regarding the structuring of debt. As of June 30, 2023, the City had total debt outstanding of $48.1 million, which complies with, and is significantly under, the current policy limits. This is further detailed in the accompanying Management Discussion and Analysis (MD&A) section of this document.

Long-term Planning: One of the financial policies noted above ou tlines the City’s goals related to long-range financial forecasting. The City annually prepares and a dopts a five-year financial plan for the General Fund as part of the operating budget. In addition, the City maintains long-range forecasting models for other key operating funds, including a capital improvement program plan. Each fiscal year, the City develops a five-year Capital Improvement Program (CIP) plan that details specific budgeted capital projects. Each of the projects is consistent with the overall goals and principles of the City Council and includes planned capital projects in the areas of parks, stormwater drainage, water and wast ewater infrastructure, maintenance of streets, and City’s facilities improvements. All these investments in the various areas re flect the City Council’s commitment to maintain or improve the City and provide the citizens with the high est possible service and level of infrastructure possible given constrained funding.

Cash Management: The City’s investment policy is conservative and is supported by the annual adoption by the City Council of a Statement of Investment Policy that defines the objectives and priorities of the investment program, which stresses the safety and liquidity of funds as the highest priority. The fina l priority is to achieve the maximum yield possible within the constraints and limits stated in the policy. As of June 30, 2023, the City manages and balances the City’s pooled cash portfolio of $170.6 million market value, with the overall yield within policy guidelines.

MAJOR INITIATIVES & ACCOMPLISHMENTS

The San Bruno City Council established the following seven critical priorities to move the community forward:
(1) Implement the Transit Corridor Vision to Revitalize Downtown and Commercial Corridor (2) Assure Rehabilitation & Replacement of Critical Community Facilities and Infrastructure (3)
Grow City Revenues to Assure On-Going Fiscal Stability and Economic Vitality (4) Continue to Strengthen Community Connections and Engagement (5) Protect and Improve Community Aesthetics and Safety (6) Continue Proactive Planning for the Future of San Bruno (7) Promote organizational Health, Employee Success, and Governance

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The management team has aligned its service deliver y objectives and program priorities through the budget planning process, and with City Counc il direction and the strategic Prioriti es. Some of the accomplishments and ongoing efforts in these Priority areas are discussed below.

Capital Improvement Program

One way through which the City implements the Strategic Priorities is through the Capital Improvement Program (CIP). The capital budget for FY2023 totaled about $134.6 million, with approximately $283.1 million tentatively programmed for the entire five-year period from FY23 thro ugh FY27. The City’s CIP Projects predominantly support the Infrastructure Improvement Priority.

Despite the global economic cha llenges, the City made major steps forward in all areas of the City’s operation that directly address the City Council’s established long-term objectives. Just a few of the many accomplishments the City has achieved in the FY23 are the following:

 Constructing a New Recreation and Aquatic Center: The new facilities will replace Veterans Memorial Recreation Center and the adjacent community swimming pool that have served generations of San Bruno residents for over six decades. The San Bruno Community Foundation has pledged $50 million in restitution funding to turn the community’s vision in to reality over the next three years. The City has selected a contractor to construct the building and the pr oject is expected to complete in the first half of 2024.
 Implementation of the Transit Corridors Plan: The modern transit-oriented residential and commercial project will transform the community’s commercial corridor and downtown consis tent with the City’s adopted Transit Corridor Plan.
 Water and Sewer Infrastructure Maintenance: The City continues replacement of the underground water and sewer mainlines throughout many residential areas in “the Avenues” east of El Camino Real and the Water Tank Improvement and Replacement Program. These projects were delivered on time and within budget and were completed with minimal disruption to business activity in the downtown and other areas throughout the City and will assure reliable service to an area previously impacted by service failures due to aged, damaged, and deteriorating underground pipelines. The City also completed the Water and Sewer Rate Study in this fiscal year. City Council a dopted five-year rate increases for wastewater and water, effective July 1, 2023 and January 1, 2 024, respectively. The rate increases ensure revenues continue covering operational costs and necessary infrastructure improvements.  Fiber-to-the-Home in Large Multi-unit Developments: Installation of a new FTTH network at the Shelter Creek, Peninsula Place and Crystal Springs Terrance apartment multi-family complexes showed 65% subscriber penetration, with strong, reliable network and data speeds of up to 1 gigabyte available to over 2,600 residences in San Bruno. During the comi ng year the City Council will need to determine whether to continue this initiative or to pursue an alternative strategy for the future of San Bruno CityNet Services.

Economic Development
Another application of the City’s Strategic Priorities is to encourage economic development that supports the overall community and leverages the City’s desirable transit access with major public transit and north-south freeway interchanges, as well as the City ’s proximity to San Francisco International Airport. The following notable economic development activity occurred in FY23:
 Bayhill Specific Plan: The Bayhill Office Park houses Walmart. com and YouTube, two of the City’s largest employers, and includes office space expansion, creation of a private multi-modal transportation hub and a housing overlay. In Oct ober 2022, the City received a $54. 96 million payment of building, plumbing, plans check and other permits/fees as we ll as impact fees, affordable housing fees and negotiated community benefit payments for Phases 1 and 2 of the YouTube campus expansion.  YouTube Development: The plan will build 440,000 square feet of new office space on an existing surface parking lots adjacent to existing buildings at 900 and 1000 Cherry Avenue.  Sale of the City-Owned Vacant Lot at The Crossing : In 2020, the City was approached by Cardinale Auto Group with a proposal to develop and construct a new Hyundai and Genesis dealership on the City- owned vacant lot at The Crossing. The dealership opened in October 2022 on a limited lease duration basis at The Shops at Tanforan until the permanen t location is constructed and operational. If the sale

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occurs, the City will receive significant revenue increases from sales tax generating activities and operation and increased property tax revenue based on the assessed value.  Reimaging Tanforan : In early 2022, Alexandria Real Estate bought the 44-acre Tanforan shopping center site. A master plan of a modern, mixed-use development plan is under making to include offices, hotels, retail, entertainment and a minimum of 1,000 housing units. In October 2022, the City received a preliminary plan to for that matter; it is e
stimated to generate more property tax on new assessed value.

Awards

The Government Finance Officers Association of the United States and Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to the City for th e ACFR for the fiscal year ended June 30, 2022. The Certificate of Achievement is a national award recognizing conformance with the highest standards for preparation of state and local government financial reports. To be awarded a Certificate of Achievement, a government must publis h an easily readable and efficien tly organized annual comprehensive financial report. The report must satisfy both accounti ng principles generally accepted in the United States of America and applicable legal requirements.

Acknowledgments
The issuance of this report would not have been po ssible without the enthusiastic efforts of the entire Finance Department team, especially Jeff Lichtenstein, John Mercado, Yu-Chiao Chao, Anh Tran, Kathy O’Malley, and Dana Liu; the many team members in other City departments who support fiscal operations; and the audit firm of Badawi & Associates. I also wish to recognize the commitment of the City Manager, the Mayor, and the City Council to upholding high standards and ensuring accountability as presented in this report.

Respectfully
submitted,
Nick Pegueros
Chief Financial Officer

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INDEPENDENT AUDITOR’S REPORT
To the Honorable Mayor and Members of the City Council
of the City of San Bruno
San Bruno, California
Report on the Audit of the Financial Statements
Opinions
We have audited the financial statements of the govern mental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of San Bruno (City), as of and for the year ended June 30, 2023, and the related notes to th e financial statements, which collectively comprise City’s basic financial statements as listed in the table of contents.

In our opinion, the accompanying financial statements pr esent fairly, in all material respects, the respective financial position of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City, as of June 30, 2023, and the respective changes in financial position and, where applicable, cash flows thereof for the year then ended in accordance with accounting principles generally accepted in the United States of America.

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

Emphasis of Matter – CityNet Fund Going Concern
The accompanying financial statements have been prepared assuming that the CityNet Fund (CityNet) will continue as a going concern. As discussed in Note 12 to the financial statements, CityNet’s recurring losses from operations, deficit net position, and continual bo rrowing from the General Fund to pay its liabilities raise substantial doubt about its ability to continue as a going concern. Management’s evaluation of the events and conditions and management’s plans regarding these matters are also described in Note 12. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Our opinions are not modified with respect to this matter.

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To the Honorable Mayor and Members of the City Council
of the City of San Bruno
San Bruno, California

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Emphasis of Matter – Stormwater Fund Going Concern
The accompanying financial statements have been pr epared assuming that the Stormwater Fund will continue as a going concern. As discussed in Note 12 to the financial statements, the Stormwater Fund has had recurring losses from operations, and transfers in from the General Fund to maintain a positive unrestricted net position. This rais es substantial doubt about its abilit y to continue as a going concern.

Management’s evaluation of the events and conditions and management’s plans regarding these matters are also described in Note 12. The financial statemen ts do not include any adjustments that might result from the outcome of this uncertainty. Our opinions are not modified with respect to this matter.

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

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

Auditor’s Responsibilities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinions. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may in volve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggr egate, they would influence the judgment made by a reasonable user based on the financial statements.

In performing an audit in accordance with GAAS, we:
x Exercise professional judgment and maintain professional skepticism throughout the audit. x Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence rega rding the amounts and disclosures in the financial statements.
x Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the City’s internal control. Accordingly, no such opinion is expressed. 2 84 of 330

To the Honorable Mayor and Members of the City Council
of the City of San Bruno
San Bruno, California

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x Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.
x Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the City’s ability to continue as a going concern for a reasonable period of time.

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

Required Supplementary Information
Accounting principles generally accepted in the Unit ed States of America require that the management’s discussion and analysis, budgetary comparison schedules for the General Fund, and major special revenue fund, and the required pension schedules on pages 7-22 and 103–113 be presented to supplement the basic financial statements. Such information is the responsibility of management and, although not a part of the basic financial statements, is required by the Govern mental Accounting Standards Board who considers it to be an essential part of financial reporting for pl acing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accept ed in the United States of America, which consisted of inquiries of manage ment about the methods of preparing the information and comparing the information for consistency with ma nagement’s responses to our inquiries, the basic financial statements, and other knowle dge we obtained during our audit of the basic financial statements.

We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.

Supplementary Information
Our audit was conducted for the purpose of forming opin ions on the financial statements that collectively comprise the City’s basic financial statements. The combining General Fund statements, combining Developer Agreements and Impact Fees Fund stat ements, combining and individual nonmajor fund statements, and the budgetary comparison schedules fo r the Parks and Facilities and Technology Capital Improvement Fund and nonmajor governmental funds are presented for purposes of additional analysis and are not a required part of the basic financial statements.

The combining General Fund statements, combining Developer Agreements and Impact Fees Fund statements, combining and individual nonmajor fund statements, and the budgetary comparison schedules for the Parks and Facilities and Technology Capital Improvement Fund and nonmajor governmental funds are the responsibility of management and were deri ved from and relate directly to the underlying accounting and other records used to prepare the basic financial statements. Such information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconc iling such information directly to the underlying accounting and other records used to prepare the ba sic financial statements or to the basic financial 3 85 of 330

To the Honorable Mayor and Members of the City Council
of the City of San Bruno
San Bruno, California

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statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In ou r opinion, the combining General Fund statements, combining Developer Agreements and Impact Fees st atements, combining and individual nonmajor fund statements, and the budgetary comparison schedules fo r the Parks and Facilities and Technology Capital Improvement Fund and nonmajor governmental funds are fairly stated, in all material respects, in relation to the basic financial statements as a whole.

Other Information
Management is responsible for the other information included in the annual comprehensive financial report. The other information comprises the Introductory and Statistical Sections included in the annual comprehensive financial report but does not include the financial statements and our auditor's report thereon. Our opinions on the financial statements do not cover the other information, and we do not express an opinion or any form of assurance thereo n. In connection with our audit of the financial statements, our responsibility is to read the ot her information and consider whether a material inconsistency exists between the other information an d the financial statements, or the other information otherwise appears to be materially misstated. If, based on the work performed, we conclude that an uncorrected material misstatement of the other informat ion exists, we are required to describe it in our report.

Report on Summarized Comparative Information
We have previously audited the City’s 2022 financia l statements, and we expressed an unmodified audit opinion on those audited financial statements in our report dated April 26, 2023. In our opinion, the summarized comparative information presented herein as of and for the year ended June 30, 2022, is consistent, in all material respects, with the audited financial statements from which it has been derived.

Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated January 25, 2024 on our consideration of the City’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, cont racts, and grant agreements and other matters. The p u r p o s e o f t h a t r e p o r t i s s o l e l y t o d e s c r i b e t h e s cope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness o f i n t e r n a l c o n t r o l o v e r f i n a n c i a l r e p o r t i n g o r o n c o m p l i a n c e . T h a t r e p o r t i s a n i n t e g r a l p a r t o f a n a u d i t performed in accordance with Government Auditing St andards in considering the City’s internal control over financial reporting and compliance.

Badawi & Associates, CPAs
Berkeley, California
January 25, 2024
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MANAGEMENT’S DISCUSSION AND ANALYSIS
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CITY OF SAN BRUNO, CALIFORNIA
MANAGEMENT’S DISCUSSION AND ANALYSIS
FOR THE YEAR ENDED JUNE 30, 2023
The Management’s Discussion and Analysis (MD&A) provides an overview of the City of San Bruno’s activities for the fiscal year ended June 30, 2023. The intent of this discussion and analysis is to present a full picture of the City’s financial performance. Readers should review the discussion and analysis in conjunction with the basic financial statements, as well as the notes to the financial statements to enhance their overall understanding.

Financial Highlights for Fiscal Year 2022-23 (FY23)
Entity-wide:
x The City’s assets and deferred outflow of resources exceeded its liabilities and deferred inflow of resources at June 30, 2023 by $293.6 million (net position). The City’s net position increased $99.3 million, or 51.1%, from the previous fiscal year.
x The City’s governmental activities program and general revenues (including transfers) of $156.8 million exceeded expenses of $61.9 million by $94.9 - million, increasing net position to $158.9 million. x The City’s business-type activities program revenues and general revenues (including transfers) from the four enterprise operations of $46.8 million were great er than expenses of $42.5 million by $4.3 million, increasing net position to $134.7 million.

Fund level:
x At the close of the fiscal year, the City’s governmental funds reported combined fund balances of $130.5 million, an increase of $67.1 million or 105.8% compared to the prior year. Of this amount, $16.7 million is non-spendable, $75.2 million is restricted, $40.6 million is assigned, and $(2.1) million is unassigned. x Revenues for governmental funds exceeded expenditu res by $66.3 million. Tax revenue grew $0.4 million, or 2.7 %, from the prior year. Expenditures for governmental funds increased $18.1 million, or

25.0%, from the prior year mainly due to increased capital outlay spending.

Detailed analysis can be found under the Government-wide Financial Analysis Section and Financial Analysis of the City’s Funds Section
Overview of Financial Statements
This discussion and analysis serve as an introduction to the City’s basic financial statements. The City’s basic financial statements comprise three components: 1) gove rnment-wide financial statements, 2) fund financial statements, and 3) notes to the financial statements. This report also contains other supplementary information in addition to the basic financial statements.

Government-wide financial statements are designed to provide readers a broad overview of the City finances in a manner similar to a private-sector business.

The Statement of Net Position presents information on all of the City’s assets, deferred outflows of resources, liabilities, and deferred inflows of resources with the di fference between the two reported as net position. Over time, increases or decreases in net position may serve as an indicator of whether the financial position of the City is improving or deteriorating.

The Statement of Activities presents information showing how the City’s net position changed during the fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of the related cash flows. Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in future fiscal periods (e.g., uncollected taxes and earned but unused vacation leave).
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CITY OF SAN BRUNO, CALIFORNIA
MANAGEMENT’S DISCUSSION AND ANALYSIS
FOR THE YEAR ENDED JUNE 30, 2023
Both of the government-wide financial statements distinguish functions of the City that are principally supported by taxes and intergovernmental revenues (governmental activities) from other functions that are intended to recover all or a significant portion of their costs thro ugh user fees and charges (business-type activities). The governmental activities of the City consist of general government, public safety, public works, streets, parks and recreation, library and community and economic development. The business-type activities of the City include water, stormwater, wastewater, and cable television.

The government-wide financial statements can be found on pages 27-29 of this report.

Fund financial statements. A fund is a grouping of related accounts used to maintain control over resources that have been segregated for specific activi ties or objectives. The City, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. All of the funds of the City can be divided into three categories: governmental funds, proprietary funds, and fiduciary funds.

Governmental funds. Governmental funds are used to account fo r essentially the same functions reported as governmental activities in the government-wide financial statements. Unlike government-wide financial statements, governmental fund financial statements fo cus on near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating the City’s near-term financing requirements.

Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for gover nmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the City’s near-term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures and changes in fund balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities.

The City maintains nineteen individual governmental funds. Information is presented separately in the governmental fund balance sheet and in the governmental fund statement of revenues, expenditures and changes in fund balances for the General Fund and Parks and Facilities Capital Improvement Fund, which are considered to be a major funds. Data from the other governmental funds are combined into a single, aggregated presentation.

Individual fund data for each of these non-major governmental funds are provided in the form of combined statements in the Supplementary Information section of this report.

The City adopts an annual appropriated budget for its general fund and most governmental funds. A budgetary comparison statement has been provided for all major and non-major funds (with adopted budgets) in governmental activities to demonstrate compliance with this budget.

The governmental fund financial statements can be found on pages 34-40 of this report.

Proprietary funds. The City maintains two different types of proprietary funds. Enterprise funds are used to report the same functions presented as business-type activities in the government-wide financial statements. The City uses enterprise funds to account for water, stormwater, wastewater, and CityNet services. CityNet is a municipally owned and operated enterprise for cable television, internet, and other services.

Internal service funds are an accounting device used to accumulate and allocate costs internally among the City’s various functions. The City uses internal service funds to account for its central garage, self-insurance, technology development, and facilities maintenance activities. Beca use these services predominantly benefit governmental rather than business-type functions, it has been includ ed within governmental activities in the government-wide financial statements.
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MANAGEMENT’S DISCUSSION AND ANALYSIS
FOR THE YEAR ENDED JUNE 30, 2023
Proprietary funds provide the same type of information as the government-wide financial statements, but in more detail. The proprietary fund financial statements provide separate information for all of the City’s proprietary funds as they are all considered to be major funds by the City. Conversely, the internal service fund is combined into a single, aggregated presentation in the proprietar y financial statements. More detailed information for the internal service funds is provided in the form of combined statements elsewhere in the report.

The proprietary fund financial statements can be found on pages 42-47of this report.

Fiduciary funds. Trust and custodial funds are fiduciary funds that account for assets held by the City in a purely custodial capacity. The reporting entity includes the Recology San Bruno Custodial Fund to account for funds billed, collected, and remitted to the company for waste management services within the City. In addition to the custodial fund, the Successor Agency to the San Bruno Redevelopment Agency Trust Fund was created as a result of the California Supreme Court decision on December 29, 2011 upholding ABx1 26, which eliminated all redevelopment agencies in California and created a process for winding down their operations. Both funds report a “balance sheet” referred to as a statement of fiduciary net position and an “income statement” referred to as a statement of changes in fiduciary net position.

The fiduciary fund financial statements can be found on pages 50-51 of this report.

Notes to the Basic Financial Statements. The notes provide additional information essential to a full understanding of the data provided in the government-wide and fund financial statements. The notes to the basic financial statements can be found starting on page 55 of this report.

Required and Other Information. In addition to the basic financial statements and accompanying notes, this report also presents certain required supplementary info rmation concerning the City’s progress in funding its obligation to provide pension benefits to its employees. Required supplementary information can be found on pages 103-113 of this report.

The combining statements referred to earlier in conne ction with non-major governmental funds and internal service and fiduciary funds are presented immediately following the required supplementary information.

Combining and individual fund statements and schedules can be found starting on page 118 of this report.

Government-wide Financial Analysis
As noted earlier, net position may serve over time as a useful indicator of the City’s financial position. Assets and deferred outflows exceeded liabilities and deferred inflows by $293.6 million at the close of FY23. 9 91 of 330

CITY OF SAN BRUNO, CALIFORNIA
MANAGEMENT’S DISCUSSION AND ANALYSIS
FOR THE YEAR ENDED JUNE 30, 2023
By far the largest portion of the City’s net position reflects its investment in capital assets (e.g. land, infrastructure, buildings, machinery, equipment, and vehicles) less any re lated debt used to acquire those assets that are still outstanding. The City uses these capital assets ($167.6 million) to provide services to its citizens. Consequently, these assets are not available for future spending. Although the City’s investment in capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources since the capital assets cannot be used to liquidate these liabilities.

An additional portion of the City’s net position, $77.1 million, represents resources that are subject to external restrictions on how the funds may be used, such as constr ucting specified capital projects, debt service, or other community programs. The remaining balance in unrestricted net position amounts to $48.9 million. This amount may be used at the City’s discretion to meet ongoing obligations to citizens and creditors.

The City’s overall net position increased by $99.3 million, or 51.1%, from the prior fiscal year. Key elements of these changes are as follows:
2023 2022 2023 2022 2023 2022
Current assets 157,144,568$ 88,685,755 $ 92,198,769 $ 89,014,367$ 249,343,337$ 177,700,122 $ Capital assets, net 104,369,144 82,484,186 107,742,119 102,590,132 212,111,263 185,074,318 Other noncurrent assets 3,363,030 3,177,900 - - 3,363,030 3,177,900 Total assets 264,876,742 174,347,841 199,940,888 191,604,499 464,817,630 365,952,340 Deferred outflow of resources 38,371,977 17,412,205 5,114,187 2,059,945 43,486,164 19,472,150 Current liabilities 30,098,870 27,881,914 10,675,087 5,626,838 40,773,957 33,508,752 Noncurrent liabilities 110,419,487 68,415,889 59,610,465 53,766,588 170,029,952 122,182,477 Total liabilities 140,518,357 96,297,803 70,285,552 59,393,426 210,803,909 155,691,229 Deferred inflow of resources 4,696,453 31,522,751 20,906 3,860,417 4,717,359 35,383,168 Net Position
Net investments in capital assets 102,207,599 80,545,096 65,375,009 58,458,807 167,582,608 139,003,903 Restricted 75,224,281 53,426,528 1,936,756 1,918,591 77,161,037 55,345,119 Unrestricted (18,552,818) (70,032,132) 67,436,852 70,033,202 48,884,034 1,070 Total net position 158,879,062$ 63,939,492 $ 134,748,617 $ 130,410,600 $ 293,627,679 $ 194,350,092 $ Governmental
Activities
Business-Type
Activities Total
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CITY OF SAN BRUNO, CALIFORNIA
MANAGEMENT’S DISCUSSION AND ANALYSIS
FOR THE YEAR ENDED JUNE 30, 2023
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CITY OF SAN BRUNO, CALIFORNIA
MANAGEMENT’S DISCUSSION AND ANALYSIS
FOR THE YEAR ENDED JUNE 30, 2023
Governmental Activities
Governmental activities increased the Ci ty’s net position by $94.9 million, with a total net position of $158.9 million at the end of the fiscal year. Overall, revenues increased by $80.8 million to $156.8 million over the prior year. This change is driven primarily by the receipt of impact fees and development agreement revenues for a commercial campus expansion. Increases in transient occupancy tax, $1.1 million above prior year, and cardroom taxes, $1.0 million above prior year, each represent ed a substantial relative increase, 43.6% and 43.3% respectively. These modest increases offset flat years in property taxes and sales taxes, the two largest general revenue categories. Property taxes ro se $0.4 million, 2.7%, as compared to prior year, while sales taxes fell a modest $0.6 million, 2.9%. Sales tax includes a now-mature addition from the passage of Measure G. Measure G was approved on November 3, 2019 and became effective on April 1, 2020. Sales tax revenue increased steadily mainly due to the business reopening over the pandemic , though the pandemic appears to be giving way to endemic status, moderating expectations for future growth. Operating grants and contributions increased $27.9 million, 474%, substantially due to receipt of development agreement and impact fees.

The cost of all governmental activities this year was $61. 9 million. As shown in the statement of activities, the amount that taxpayers paid for these activities with ge neral revenues was $105.5 million because some of the costs were paid by those specifically benefiting from the programs ($48.1 million), and by other governments and organizations subsidizing programs with grants and contributions for operations and capital improvement ($57.4 million).

Charges for services,
$48.1 , 31%
Operating grants and
contributions, $33.8 ,
22%
Capital grants and
contributions, $23.7 ,
15%
Property taxes, $14.9 ,
10%
Transient
occupancy
taxes,
$3.5 , 2%
Franchise taxes, $1.7 ,
1%
Sales taxes, $20.9 , 13%
Cardroom taxes, $3.2 ,
2%
Other taxes, $2.2 , 1% Intergovernmental,
unrestricted, $ , 0%
State gasoline tax, $5.3 ,
3%
Governmental Activities Revenue by Source
($ in millions)
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MANAGEMENT’S DISCUSSION AND ANALYSIS
FOR THE YEAR ENDED JUNE 30, 2023
The City’s programs include general government, public safety, public works, stre ets, parks and recreation, library, and community and economic development. Each program’s net cost (total cost less revenues generated by the activities) is presented below. The net cost shows the financial burden that was placed on the City’s taxpayers by each of these functions.

Operating resources (program revenues) and operating expenses are depicted graphically as follows:

Governmental activities 2023 2022 2023 2022 2023 2022
General government 7,715,775 $ 5,533,802 $ 12,014,857$ 6,413,721 $ (4,299,082)$ (879,919) $ Public safety 5,207,635 4,442,944 28,793,275 32,410,681 (23,585,640) (27,967,737) Public works 516,259 679,109 2,059,383 1,618,481 (1,543,124) (939,372) Streets 4,768,844 4,099,434 7,012,289 4,949,093 (2,243,445) (849,659) Parks and recreation 23,896,504 11,784,748 6,179,928 6,574,959 17,716,576 5,209,789 Library 45,785 44,394 2,287,233 2,156,600 (2,241,448) (2,112,206) Community and economic development 63,360,864 3,817,144 3,249,383 2,857,883 60,111,481 959,261 Interest expense - - 270,665 296,821 (270,665) (296,821) Total gover nm enta l activities 105,511,666$ 30,401,575 $ 61,867,013 $ 57,278,239 $ 43,644,653 $ (26,876,664)$ Net Revenue (Expense) and
Change in Net PositionOperating Revenues Operating Expenses $-
$10.0
$20.0
$30.0
$40.0
$50.0
$60.0
$70.0
General
government
Public safetyPublic works Streets Parks and
recreation
Library Community
and
economic
development
Interest
expense
Functions & Programs
Governmental Activities - Expenses & Program Revenues
Program Revenues Expenses
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CITY OF SAN BRUNO, CALIFORNIA
MANAGEMENT’S DISCUSSION AND ANALYSIS
FOR THE YEAR ENDED JUNE 30, 2023
Business-type Activities
The City’s business-type activities include water, st ormwater, wastewater, and C ityNet. While water and wastewater are true enterprise funds that pay for their services through user fees, both stormwater and CityNet require funding from the General Fund, as user fees do not cover all operating or capital costs. The results for the current fiscal year were positive in that overall net position increased to reach an ending balance of $134.7 million.

The total increase in net position for business-type activities was $4.3 million. The Water and Wastewater Funds directly contributed to the growth. Charges for services of $17.0 million and 19.5 million covered expenses of $16.2 million and $15.1 million, respectively. Stormwater charges for services of $0 .9 million continued to be insufficient to support expenses of $2.0 million. CityNet charges for services of $8.3 million also continued to be insufficient to support expenses of $9 .1 million. Total resources available during the year to finance business- type activities were $46.9 million consisting of program revenues, investment income, and transfers in. Total business-type activities expenses during the year were $42.5 million including operating expenses, debt service expenses, and transfers out.

Operating revenues and expenses are depicted graphically as follows:
$-
$5.0
$10.0
$15.0
$20.0
$25.0
Water Stormwater Wastewater CityNet
Functions & Programs
Business-Type Activities - Operating Expenses & Program Revenues Program Revenues Expenses
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CITY OF SAN BRUNO, CALIFORNIA
MANAGEMENT’S DISCUSSION AND ANALYSIS
FOR THE YEAR ENDED JUNE 30, 2023
Each program’s net cost (total cost less revenues generated by the activities) is presented below. The net cost shows the financial burden placed on City’s taxpayers by each of these functions.

Financial Analysis of the City’s Funds
Governmental Funds:

The City uses fund accounting, which focuses on current financial resources affecting near-term liquidity. It is also a management tool for segregating certain resources for specific activities or objectives in accordance with special regulations, restrictions, or limitations.

At June 30, 2023, governmental funds reported combined fund balances of $130.5 million, an increase of $67.1 million, 106%, over the prior year. Of this amount, $16.7 million is non-spendable due to funds being advanced to CityNet services for the negative cash balance in the fund. The City is developing a plan to reduce the net operating loss through a combination of rate increases, ma rketing higher margin services such as internet, and continued diligence on cost containment. The remainder of the fund balance is either restricted, assigned, or unassigned to indicate that it is (1) restricted for particular purposes, $75.2 million; or (2) assigned for particular purposes, $40.6 million; or (3) unassigned and available at the City’s discretion, $(2.1) million.

Analysis of Major Funds
The General Fund is the main operating fund of the C ity. For financial statement presentation purposes, the General Fund includes the operating fund, reserve funds, Measure G fund, and American Rescue Plan Act fund.

Revenues totaled $69.7 million, which is an increase of $6.3 million, 10.0%, from the prior year. This was due to moderate growth in taxes, licenses and permits, charges for services, and changes in fair market value of investments. Expenditures totaled $59.0 million, which increased by $5.6 million, 10.5%, from the prior year.

The increase is mainly attributed to additional funding allocated to public safety, general public works and streets maintenance efforts.

The Parks and Facilities and Technologies Capital Im provement Capital Projects Fund provides for the improvement of the City’s parks and facilities, for which revenues increased by $12.7 million. The main reason for the increase in revenues was due to the receipt of community benefit fund s from San Bruno Community Foundation in the amount of $22.9 million. Expenditur es also increased substantially, for a total increase in expenditures of $24.0 million. The en tire portion of the increase was related to capital outlay expenditures.

Capital outlay expenditures were associated with the desi gn and construction of the City’s new Recreation and 15 97 of 330

CITY OF SAN BRUNO, CALIFORNIA
MANAGEMENT’S DISCUSSION AND ANALYSIS
FOR THE YEAR ENDED JUNE 30, 2023
Aquatics Center. The net change in fund balance for fis cal year was an increase of $10.8 million, netting to an ending fund balance of $10.6 million.

Newly designated a major fund in FY23, the Developer Agreement and Impact Fees Fund accounts for funds from new developments to pay for public facilities and infrastructure needed to accommodate growth in the City.

Revenues in FY23 totaled $56.7 million, driven primarily by $55.0 million received for a major development.

Expenditures and transfers out were comparatively modest, $2.1 million, resulting in a net change in fund balance for the fiscal year of $54.5 million. This fund balance will be used in future years to enable projects which mitigate the effects of growth on the community.

Proprietary Funds:

The City’s proprietary funds provides the same type of information found in the business-type activities portion of the government-wide financial statements, but in more detail.

Water Fund net position rose by $0.8 million to $71.1 mill ion, a significant drop from the previous year’s $5.5 million increase due to the suspension of rate adjustment s for the Fund’s operations and capital improvements.

Although the City adopted a five-year rate plan with annual 5% increases in 2017, the City chose not to raise water rates in the final two years of the five-year plan due to the pandemic. The City resumed its past practice of annual rate increases to ensure the enterprise's fiscal solv ency by adopting a five-year water rate plan, effective January 1, 2024.

Somewhat similarly, the Wastewater Fund's net position increased by $5.6 million to $77.4 million, level with the previous year's $5.4 million increase, again due to suspended rate adjustments, resulting in nearly unchanged revenues and a $2.1 million (16.4%) rise in expenses. Although the City adopted a five-year rate plan with annual 5% increases in 2017, the City chose not to raise wastewater rates in the final two years of the five-year plan due to the pandemic. The City resumed its past practice of annual rate increases to ensure the enterprises’ fiscal solvency by adopting a five-year wastewater rate plan, effective July 1, 2023.

As of June 30, 2023, the CityNet Fund had a negative equity balance of $21.5 million, comprised of negative cash and non-cash liabilities such as unfunded pension liabilities. The negative equity balance included $16.0 million owed to the General Fund due to multi-year reliance on advances from the General Fund to sustain operating charges, including franchise fees, internal service allo cations, and general overhead allocations. The Fund has been experiencing annual operating losses, including losses of $794,852 in FY23 and $859,995 in the prior year.

City staff are working to improve CityNet’s revenue an d subscription margins. One major step was increasing service rates between 9% and 12% effective August 1, 2023, which improved year-over-year operating income for the first six months of Fiscal Year 2023-24 (FY24). However, additional rate increases, potentially between 2% and 5%, are being considered to further financial stab ility. In FY24, City staff will evaluate whether rate increases are sufficient to begin repayment of the amounts owed to the General Fund. The CityNet Enterprise may no longer be a going concern if rate increases are insu fficient to repay amounts owed to the General Fund. In December 2023, the City issued a Request for Interest to gauge the private-sector’s appetite to acquire CityNet's customer base and infrastructure as part of a broader strategy to ensure continuity of services to the community.

The Stormwater Fund, as of June 30, 2023, also had a ne gative equity balance of $2.2 million, comprised of negative cash and non-cash liabilities such as unfunded pension liabilities. The negative equity balance included $0.6 million owed to the General Fund. The enterprise reported operational losses of $1,099,400 in FY23, up from $590,107 in the previous year. Like CityNet, Stormwater requires transfers from the General Fund to meet its operational and capital spending requirements. Starting in July 2023, the City began collecting $798,993 annually from the garbage franchise to offset stormwater service costs, which are affected by the amount of garbage in 16 98 of 330

CITY OF SAN BRUNO, CALIFORNIA
MANAGEMENT’S DISCUSSION AND ANALYSIS
FOR THE YEAR ENDED JUNE 30, 2023
culverts and drains. This new revenue covers about 70% of the deficit, and efforts are ongoing to reduce the General Fund’s support of the enterprise.

General Fund Budgetary Highlights
The budget comparison information presented on page 103, as Schedule of Revenues, Expenditures and Changes in Fund Balances – Budget to Actual shows the initial adopted an d final budgets for the General Fund. In this financial statement, the General Fund is comprised of the General Operating fund, reserve funds, Measure G fund, American Rescue Plan Act fund, and Developer Project Contributions fund.

Original Budget Compared to Final Budget:

The most significant differences between original and final revenue estimates were as follows:

Under the tax category, the City entered into a Municipal Services Agreement with Artichoke Joe’s in July 2022 for Reimbursable Services from a Police Detective and pa yment of $225,000 per quarter. As per the agreement, Artichoke Joe’s will reimburse the City’s cost for one full-time Police Detective. Licenses and permits were increased by $0.8 million in anticipation of an increase in permit applications by the Building division.

The most significant differences between original and final expenditure budgets were as follows:

Expenditures
Orig
Budget Final Budget Variance
Percent
Change
General government 8,239,531 $9,949,247 1,709,716 20.8% Community and
economic development 3,025,117 4,963,187 1,938,070 64.1% Capital outlay 581,100 1,635,036 1,053,936 181.4%
In the General government category, three major changes drove the increase in final budget as compared to the original budget, a City Attorney vacancy, increased support in the budget and purchasing functions to facilitate day-to-day operations, and increased appropriations to repair damaged areas of Diamond 3 to safeguard life and property. The City Attorney budget was increased by $0.6 million, the finance functions increased appropriations by $0.2 million, and $0.3 million was allocated to the park repairs. In the Community and economic development category, the Building division expected an increase in permit applications and thus an increased need for off-site plan check services in the amount of $0.8 million. Similarly, on-demand contract inspectors are needed to support larger development projects, resulting in a $0.3 million increase. These services will be offset by an increase in revenue, as these services are fully cost recoverable. Within the Capital outlay category, purchase orders open at the end of the prior fiscal year resulted in an increase in budget to accommodate the encumbrances, which do not lapse at year-end for capital projects.

Final Budget Compared to Actual Results:
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MANAGEMENT’S DISCUSSION AND ANALYSIS
FOR THE YEAR ENDED JUNE 30, 2023
The most significant differences between estimated and actual revenues were as follows:

The local economy keeps blooming after COVID-19, resu lting in higher-than-expected tax collections. Tax revenues have experienced substantial growth in sales tax, property tax, and transient occupancy tax. The City's final budget for General Sales Tax is $14.1 million, wher eas the amount actually received is $22.6 million. The City anticipated the rise in sales tax revenue and updated its year-end estimate to $18 million, this update does not reflect in the final budget amount. In addition, a portion of property tax revenue has come to the city from the Educational Revenue Augmentation Fund (ERAF). The city received 50% of FY23 excess ERAF in January 2023 and 45% of FY23 excess ERAF and FY21 remaining ERAF in August 2023, totaling $1.8 million. The FY23 budget did not account for the August remittance, so the ERAF revenue is $0.97 million higher than the budget.

The budget towards revenue remained conservative given the expectation that excess ERAF is not a consistent revenue source to fund ongoing operations in the long term. In the Intergovernmental category, the City budgeted $5.1 million for ARPA fund revenue in FY23 and did receive the funds as expected. The actual revenue factored in the unspent portion of the fund and reclassified the unspent fund to unearned revenue. Thus, revenue is $2.9 million lower than the budget. Additionally, a few non-basic aid school districts in San Mateo County turned basic aid this fiscal year. The reduction in the number of non-basic aid school district resulted in a higher vehicle license fee shortfall and less property tax revenue to f und the vehicle license fee revenue. Therefore, the actual VLF in-lieu is $1.3 million lower than the final budget. Under charges for services, the Police department has been providing police patrol service to local shops and charges the users based on the fee outlined on the City’s Master Fee Schedule for the actual hours worked. This increased charge for service revenue by $0.6 million in FY23, which was not included in the final budget. Finally, in FY23, firefighters were deployed to assist in ongoing wildfire and storm-related responses in the state and ge t reimbursed afterward. Since disaster costs cannot be estimated, the reimbursement of $0.4 million does not form part of the final budget.

The most significant differences between the final budget and actual expenditures were as follows:

In the public safety category, the core factor driving the variance between final budget and actuals is overtime, which was budgeted below actuals by $1.8 million, ow ing in part to the aforementioned wildfire and storm support. In Parks and recreation, the budget was developed with an aggressive opening plan for the RAC, which has yet to be completed and staffed, resulting in lower than expected expenditures through both salary savings, $0.8 million, and contract services, $0.3 million. Fi nally, within Community an d economic development, the additional contract services anticipated for upcoming development have yet to materialize; this results in lower than budgeted actuals in FY23, but these expenditures are in reality more likely delayed to a future period in which the work has progressed to the point of requiring these services. 18 100 of 330

CITY OF SAN BRUNO, CALIFORNIA
MANAGEMENT’S DISCUSSION AND ANALYSIS
FOR THE YEAR ENDED JUNE 30, 2023
Cash Management
The City employs a pooled cash system (Reference Note 2 in the notes to the basic financial statements). To maintain flexibility in cash management under the pooled cash concept, the City invests the cash of all funds with maturities planned to coincide with cash needs. Idle cash is invested in eligible securities as defined by the California Government Code and further authorized by the City's Investment Policy. The goals of the City's Investment Policy are safety, liquidity, and yield in that order of priority.

Capital Assets
The capital assets of the City are those assets used in the performance of the City’s functions including infrastructure assets. At June 30, 2023, net capital asset s of the governmental activities totaled $104.4 million.

Depreciation on capital assets is recognized in the gove rnment-wide financial statements. During FY23, net capital assets for governmental activities increased by $21.6 million due to increase in additions. For business- type activities, capital assets increased by $5.2 million to $107.7 million due to additions in excess of depreciation.

Detailed information about capital assets can be found in Note 4 to the financial statements. 19 101 of 330

CITY OF SAN BRUNO, CALIFORNIA
MANAGEMENT’S DISCUSSION AND ANALYSIS
FOR THE YEAR ENDED JUNE 30, 2023
Debt Administration
The City and Successor Agency to the Former Redevelopment Agency debt obligations are in the form of capital leases, pension obligation bond, loans payable to South San Francisco, and revenue bonds. A summary of the City’s outstanding debt follows:

Additional information about long-term debt can be found in Note 5 to the financial statements.

Economic Factors Impacting City’s Finances
The City Council and management considered the followi ng economic factors in preparation of the fiscal year 2023-24 budget:

General Fund revenues
x Total General Fund revenues of $57.1 million projected for FY24 are flat compared to the FY23 Amended Budget amounts.
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MANAGEMENT’S DISCUSSION AND ANALYSIS
FOR THE YEAR ENDED JUNE 30, 2023
x Property Taxes – San Bruno only receives about 12 ½ cents from every property tax dollar paid in San Bruno.

An additional 2 cents of property tax revenue have co me to the City in recent years from the Educational Revenue Augmentation Fund, or ERAF, but this is not a consistent or reliable revenue source to fund on- going operations in the long term. The remainder of property taxes paid by property owners in the City goes to San Mateo County, school districts, and special dist ricts. The housing industry and home sales boomed when more and more people worked from home because of pandemic induced changes in work-from-home patterns. Secured property tax revenue is expected to increase by a reduced amount, 2.9%, over the prior fiscal year budget in recognition of the recent econo mic factors which have reduced the slope of assessed valuations.
x Sales Tax of 9.875% is assessed on every taxable sale in San Bruno. Of the 9.875%, the City receives 1.5% or approximately 15% of the total tax. For FY24 total Sales Tax revenue is anticipated to increase in the face of improving economic conditions. The planned redevelopment of Tanforan Mall will cause reduced sales in the area beginning in FY25 or FY26 depending on redevelopment plans which include residential, retail, and life-sciences commercial uses. Of considerable concern for sales taxes is the City’s exposure to California Department of Tax and Fee Administration’s (CDTFA) challenge to a tax share agreement with Walmart.com. See Note 11.
x Transient Occupancy Tax (TOT) in the amount of 14% is collected on the cost of each room rental at each of the 12 lodging establishments in the City. Occupancy in hotels declined by more than 75% shortly after the coronavirus outbreak. The hospitality industry is on the mend, reaching a nearly-even level with the pre- pandemic levels in FY23. Staff is projecting continued modest recovery and an increase of 4.8% in TOT revenue in FY24.
x Business license tax is an annual tax based on prior year gross receipts. The pandemic devastated many sectors of San Bruno’s business community and some businesses reported lower gross receipts for FY23. In the recent past, businesses faced strong headwinds with escalating inflation, disrupted supply chains and tight labor markets. However, as inflation begins to ease, th is category is expected to rebound and staff therefore increased business license expectations to exceed pre-pandemic levels. x Departmental Revenue – Total departmental revenues are projected to increase by 17.5% from the FY23 final budget. This is driven in part by phasing in of fees over four years following the 2021 User Fee Study and by the planned opening of the Recr eation and Aquatics Center and commensurate increase in Recreation Services.

General Fund expenditures
Personnel costs represent the largest share General Fund expenditures, totaling $47.3 million or 66% of total expenditures as follows:
x Regular and Part-Time Salaries – Salaries for all full time and part time staff is the single largest category of expenditures in the operating budget at approximately 45% of total General Fund expenditures. The total budget for salaries across all General Fund departments is $30 Million. x CalPERS Retirement - Employee retirement benefits total $11.5 million, or 18% of the General Fund expenditures. The City continues to experience significant impacts from increasing costs for retirement benefits through the CalPERS system. The only revenues available to the CalPERS system to fund employee pension costs comes from three sources: PERS investment earnings, employee contributions and employer contributions. As a result, the reduction of available revenue in the investment earnings category must be made up from increases to employer contributions. 21 103 of 330

CITY OF SAN BRUNO, CALIFORNIA
MANAGEMENT’S DISCUSSION AND ANALYSIS
FOR THE YEAR ENDED JUNE 30, 2023
x Employee Insurance Premiums - Employee insurance benefits (medical, life and long-term disability) are provided through the Teamster’s Health and Welfare Trust and amount to $5.8 Million in FY24. The Trust notifies the City of the projected premium increase at the end of each calendar year.

Enterprise Funds
x The City completed a comprehensive review of operating and capital needs in the Water and Wastewater Enterprises and established a new multi-year utility rate schedule in April 2017. The rate analysis included careful evaluation of all operational costs and the planned schedule and costs for delivery of capital improvement projects necessary to replace and rehabilitate the City’s aging water and wastewater system infrastructure. The multi-year Water and Wastewater rate program adopted by the City Council in May 2017 provided for an annual 5% rate increase through FY22. To lessen the financial burden on residents in the era of COVID-19, the City Council decided not to increase water and wastewater rate in FY22 or FY23.

The Stormwater Enterprise is responsible for maintaining the stormwater conveyance system as well as adhering to the requirements outlined in the National Pollutant Discharge Elimination System (NPDES). Stormwater fees are collected through the County property tax, and a mi nimum of $46.16 per assessor parcel number (APN) is assessed for most properties in San Bruno. These fees have been in place since 1994 and are inadequate to fund ongoing operations and necessary equipment and capital investments to meet federal requirements. The City held a mail ballot property-owner election to increase Storm Drainage and Flood Protection Fee on June 15, 2021, which was rejected by voters overwhelmingly. The City negotiated an agreement with the solid waste franchise to contribute $798,993 annually for street sweeping to protect the stormwater infrastructure and discharge from debris. The City continues to explore opportunities in FY24 that will shore up the Stormwater Fund in the absence of a dedicated revenue source.

CityNet Fund – CityNet has continued making improvements in FY23 to control expenses and focus on higher margin business. In the long-range financial forecast, the negative fund balance is expected to grow to at least $20.0 million in F24 and is not likely to decrease in the years after without substantia l rate increases. With the adoption and implementation of the 2019 business plan which focuses on internet services versus television services, accompanied by a new rate stru cture and continuously implemented vendor cost controls, progress has been made annually in reducing the net operating loss since 2018. As long as the enterprise remains in a financial deficit position, the impact falls on the City’s General Fund to backfill the CityNet Fund shortfall.

Capital Improvement Program and Debt Service
The FY2023-28 Capital Improvement Program identifies 95 funded and partially funded projects/programs organized into 8 categories. $243.9 million in capital investment is programmed through the 5-year CIP to assure rehabilitation, replacement, and improvement of City facilities and infrastructure. $172.2 million of this amount is the expected cost of scheduled improvements to the City’s water and sewer systems.

A total of $6.2 million is set aside to meet debt service obligations.

Contacting the City’s Financial Management
This financial report is designed to provide our citizens , taxpayers, customers, investors, and creditors with a general overview of the City’s finances and to show the City’s accountability for the revenues it received.

Questions about this report should be directed to the Finance Department at [email protected] or 567 El Camino Real, San Bruno, CA 94066. This report as well as other financial reports can be viewed on the City of San Bruno’s website at www.sanbruno.ca.gov.
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BASIC

FINANCIAL STATEMENTS
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GOVERNMENT-WIDE

FINANCIAL STATEMENTS
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City of San Bruno
Statement of Net Position
June 30, 2023 (with comparative totals for June 30, 2022) Governmental Business-type
Activities Activities 2023 2022
ASSETS
Current assets:

Cash and investments 132,202,439$ 99,266,462$ 231,468,901$ 157,370,778$ Cash and investments with fiscal agent 141,828 1,936,756 2,078,584 2,060,402 Receivables:

Taxes 7,141,333 - 7,141,333 5,443,645
Accounts 70,20 6 5,979,473 6,049,679 5,886,896
Interest 647,297 - 647,297 76,483
Loans 1,089,120 - 1,089,120 749,809
Other 1,713,576 - 1,713,576 6,064,569
Prepaid costs - - - 47,540
Internal balances 14,983,922 (14,983,922) --
Total current assets 157,989,721 92,198,769 250,188,490 177,700,122 Noncurrent assets:

Other assets 3,363,03 0 - 3,363,030 3,177,900
Capital assets:

Nondepreciable 47,125,443 18,749,022 65,874,465 35,725,793 Depreciable 141,237,515 173,041,849 314,279,364 308,367,539 Less accumulated depreciation (83,993,814) (84,048,752) (168,042,566) (159,019,014) Total capital assets 104,369,144 107,742,119 212,111,263 185,074,318 Total noncurrent assets 107,732,174 107,742,119 215,474,293 188,252,218 Total assets 265,721,895 199,940,888 465,662,783 365,952,340

DEFERRED OUTFLOWS OF RESOURCES
Deferred charges on refunding - 73,616 73,616 80,977
Deferred pension related items 38,371,977 5,040,571 43,412,548 19,391,173 Total deferred outflows of resources 38,371,977 5,114,187 43,486,164 19,472,150

LIABILITIES
Current liabilities:

Accounts payable and accrued liabilities 12,649,002 7,191,354 19,840,356 13,791,592 Interest payable 39,452 831,751 871,203 872,198
Deposits payable 4,558,979 - 4,558,979 5,563,455
Unearned revenue 8,652,144 641,076 9,293,220 7,184,778
Other liabilities 1,102,68 1 - 1,102,681 440,500
Compensated absences - current 558,993 79,818 638,811 625,021 Claims and judgements - current 1,118,000 - 1,118,000 1,545,000 Long-term debt - current portion 1,419,619 1,931,088 3,350,707 3,486,208 Total current liabilities 30,098,870 10,675,087 40,773,957 33,508,752 Noncurrent liabilities:

Compensated absences 2,236,754 557,532 2,794,286 2,680,289 Claims and judgements 3,905,000 - 3,905,000 3,483,000
Net pension liability 99,343,879 18,543,295 117,887,174 68,211,595 Long-term debt 4,933,854 40,509,638 45,443,492 47,807,594 Total noncurrent liabilities 110,419,487 59,610,465 170,029,952 122,182,478 Total liabilities 140,518,357 70,285,552 210,803,909 155,691,230

DEFERRED INFLOWS OF RESOURCES
Deferred inflows of resources - pension 4,696,453 20,906 4,717,359 35,383,168 Total deferred inflows of resources 4,696,453 20,906 4,717,359 35,383,168

NET POSITION
Net investment in capital assets 102,207,599 65,375,009 167,582,608 139,003,903 Restricted for:

Capital projects 33,859,768 1,936,756 35,796,524 44,169,234 Debt service --- 1 96
Measure A 1,813,989 - 1,813,989 904,475
Community services 39,550,524 - 39,550,524 10,271,214
Total restricted 75,224,281 1,936,756 77,161,037 55,345,119 Unrestricted (18,552,818) 67,436,852 48,884,034 1,070 Total net position 158,879,062$ 134,748,617$ 293,627,679$ 194,350,092$ Totals
See accompanying Notes to Basic Financial Statements.
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City of San Bruno
Statement of Activities
For the year ended June 30, 2023 (with comparative totals for June 30, 2022) Operating Capital
Charges for Grants and Grants and
Functions/Programs Expenses Services Contributions Contributions Total Governmental activities:

General government 12,014,857 $ 5,262,092 $ 2,453,683 $ - $ 7,715,775$ Public safety 28,793,275 3,924,353 1,283,282 - 5,207,635 Public works 2,059,383 342,698 173,561 - 516,259 Streets 7,012,289 18,700 4,007,923 742,221 4,768,844 Parks and recreation 6,179,928 370,336 608,115 22,918,053 23,896,504 Library 2,287,233 8,444 37,341 - 45,785 Community and economic development 3,249,383 38,159,877 25,200,987 - 63,360,864 Interest expense 270,665 - - - - Total governmental activities 61,867,013 48,086,500 33,764,892 23,660,274 105,511,666 Business-type Activities:

Water 16,179,423 16,964,116 - - 16,964,116 Stormwater 2,042,242 935,728 - - 935,728 Wastewater 15,117,460 19,526,658 - - 19,526,658 Cable television 9,073,317 8,267,064 - - 8,267,064 Parking 2,490 - - - - Total business-type activities 42,414,932 45,693,566 - - 45,693,566 Total primary government 104,281,945$ 93,780,066$ 33,764,892$ 23,660,274$ 151,205,232$ General Revenues:

Taxes:

Property taxes, levied for general purpose
Transient occupancy tax
Franchise tax
Sales tax, including subvention
Cardroom taxes
Other taxes
Total taxes
Intergovernmental, unrestricted
State motor vehicle in-lieu tax, including subvention
Use of money and property
Transfers
Total general revenues and transfers
Change in net position
Net position - beginning of year
Net position - end of year
Program Revenues
See accompanying Notes to Basic Financial Statements.
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Governmental Business-Type
Activities Activities 2023 2022
(4,299,082)$ -$ (4,299,082)$ (879,919)$ (23,585,640) - (23,585,640) (27,967,737) (1,543,124) - (1,543,124) (939,372) (2,243,445) - (2,243,445) (849,659) 17,716,576 - 17,716,576 5,209,789 (2,241,448) - (2,241,448) (2,112,206) 60,111,481 - 60,111,481 959,261 (270,665) - (270,665) (296,821) 43,644,653 - 43,644,653 (26,876,664) - 784,693 784,693 5,131,212 - (1,106,514) (1,106,514) (587,461) - 4,409,198 4,409,198 6,388,788 - (806,253) (806,253) (874,382) - (2,490) (2,490) (874,381) - 3,278,634 3,278,634 9,183,776 43,644,653 3,278,634 46,923,287 (17,692,888) 14,931,681 - 14,931,681 14,532,727 3,459,947 - 3,459,947 2,408,999 1,705,417 - 1,705,417 1,624,176 20,928,603 - 20,928,603 21,549,194 3,181,236 - 3,181,236 2,220,592 2,219,479 - 2,219,479 2,277,785 46,426,363 - 46,426,363 44,613,473 5,314,866 - 5,314,866 7,646,019 (541,036) 1,154,107 613,071 (6,106,590) 94,724 (94,724) - - 51,294,917 1,059,383 52,354,300 46,152,902 94,939,570 4,338,017 99,277,587 28,460,014 63,939,492 130,410,600 194,350,092 165,015,697 158,879,062$ 134,748,617$ 293,627,679$ 193,475,711$ Totals
Net (Expense) Revenue
and Changes in Net Position
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FUND

FINANCIAL STATEMENTS
Governmental Fund Financial Statements
Proprietary Fund Financial Statements
Fiduciary Fund Financial Statements
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MAJOR GOVERNMENTAL FUNDS
General Fund
The General Fund is the primary operating fund of the City, accounting for all activities except those legally or administratively required to be accounted for in other funds. The General Fund includes activities such as public safety, parks and recreation services, community and econom ic development, public works and streets maintenance, legal and administrative services. The General Fund also accounts for reserves, Measure G funds, American Rescue Plan Act funds, and developer contributions.

Developer Agreements and Impact Fees Fund
Accounts for funds from new developments to pay for public facilities and infrastructure needed to accommodate growth in the City.

Parks and Facilities and Technology Capital Improvement Fund Accounts for funds expended on the improvement and development of the City’s facilities, infrastructure, major equipment and technological upgrades used to deliver services to the community. Funding comes from the General Fund, grants, and other sources.
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City of San Bruno
Balance Sheet
Governmental Funds
June 30, 2023 (with comparative totals for June 30, 2022) Capital
Projects Fund
Nonmajor
Governmental
Funds
ASSETS
Cash and investments 25,224,890$ 57,295,747 $ 19,890,448 $ 27,047,092 $ Cash and investments with fiscal agent 50,496 - - 213
Receivables:

Taxes 6,745,058 - - 396,275
Accounts 69,757 - - -
Interest 647,297 - - -
Loans 1,089,120 - - -
Other 1,493,976 - 111,287 108,313
Due from other funds 1,450,548 - - -
Advances to other funds 16,679,225 - - -
Other assets - - - 3,363,030
Total assets 53,450,367$ 57,295,747$ 20,001,735$ 30,914,923$

LIABILITIES, DEFERRED INFLOWS OF

RESOURCES AND FUND BALANCES
Liabilities:

Accounts payable and accrued liabilities 5,517,269 10,242 5,555,284 1,156,152 Due to other funds - - - 1,450,548
Deposits payable 1,966,495 2,592,484 - -
Unearned revenue 4,836,826 - 3,815,318 -
Other liabilities 1,102,681 ---
Advances from other funds ----
Total liabilities 13,423,271 2,602,726 9,370,602 2,624,116 Deferred Inflows of Resources
Unavailable revenue - - - 3,177,900 Total deferred inflows of resources - - - 3,177,900 Fund Balances:

Nonspendable 16,679,225 - - -
Restricted - 29,979,441 18,645,987 26,598,853
Assigned 15,910,896 24,713,580 - -
Unassigned 7,436,975 - (8,014,854) (1,485,946)
Total fund balances 40,027,096 54,693,021 10,631,133 25,112,907 Total liabilities, deferred inflows of
resources and fund balances 53,450,367$ 57,295,747 $ 20,001,735 $ 30,914,923 $ General Fund
Developer
Agreements and
Impact Fees
Parks and Facilities
and Technology
Capital
Improvement
See accompanying Notes to Basic Financial Statements
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2023 2022
129,458,177$ 59,821,221$
50,709 50,692
7,141,333 5,443,645
69,757 -
647,297 76,483
1,089,120 749,809
1,713,576 6,064,569
1,450,548 -
16,679,225 15,316,895
3,363,030 3,177,900
161,662,772$ 90,701,214 $
12,238,947 11,425,270
1,450,548 -
4,558,979 5,563,455
8,652,144 6,507,23
1 1,102,681 440,500
- 98,449
28,020,715 24,034,905
3,177,900 3,261,134
3,177,900 3,261,134
16,679,225 15,316,895
75,224,28
1 53,426,528
40,624,476 26,045,126
(2,063,825) (31,383,374)
130,464,157 63,405,175
161,662,772$ 90,701,214 $
Totals
See accompanying Notes to Basic Financial Statements
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Total Fund Balances - Total Governmental Funds 130,464,157$ Capital assets used in governmental activities were not current financial resources.

Therefore, they were not reported in the Governmental Funds Balance Sheet. Except for the internal service funds reported below, the capital assets were adjusted as follows:

Government-
Wide Statement
of Net Position
Internal Service
Funds Total
Nondepreciable 47,125,443$ - $ 47,125,443 Depreciable, net 57,243,701 (112,225) 57,131,476 Total capital assets 104,369,144$ (112,225) $ 104,256,919 Internal service funds were used by management to charge the costs of certain activities, such as insurance, to individual funds. The assets and liabilities of the Internal service funds were included in governmental activities in the Government- Wide Statement of Net Position. (2,612,282)
Net amount of internal service funds allocated to business-type activitie s (1,695,303)
Unavailable revenues recorded in the fund financial statements resulting from activities in which revenues were earned but were not available are reclassified as revenues in the Government-Wide Financial Statements. 3,177,900 In the Government-Wide Financial Statements, deferred employer contributions for pension, certain differences between actuarial estimates and actual results, and other adjustments resulting from changes in assumptions and benefits are deferred in the current year.

Government-
Wide Statement
of Net Position
Internal Service
Funds
Deferred outflows of resources related to pension 38,371,977 - 38,371,977 Deferred inflows of resources related to pension (4,696,453 ) - (4,696,453)
Long-term liabilities were not due and payable in the current period. Therefore, they were not reported in the Governmental Funds Balance Sheet.

Government-
Wide Statement
of Net Position
Internal Service
Funds Total
Compensated absences - due within one year (558,993) $ 26,401 $ (532,592) $ Additional interest payable (22,036) - (22,036) Long-term debt - due within one year (1,419,619) - (1,419,619) Claims and judgements - due within one year (1,118,000) 1,118,000 - Compensated absences - due in more than one year (2,236,754) 100,881 (2,135,873) Long-term debt - due in more than one year (4,933,854) - (4,933,854) Claims and judgements - due in more than one year (3,905,000) 3,905,000 - Net pension liability (99,343,879) - (99,343,879) Total long-term liabilitie
s (113,538,135)$ 5,150,282 $ (108,387,853) Net Position of Governmental Activities 158,879,062$
City of San Bruno
Reconciliation of the Governmental Funds Balance Sheet
to the Government-Wide Statement of Net Position
June 30, 2023
Amounts reported for governmental activities in the statement of net position are different because:

See accompanying Notes to Basic Financial Statements
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City of San Bruno
Statement of Revenues, Expenditures and Changes in Fund Balances Governmental Funds
For the year ended June 30, 2023 (with comparative totals for June 30, 2022) Capital
Projects Fund
Nonmajor
Governmental
Funds
REVENUES:

Taxes 44,206,883 $ - $ - $ 1,805,800$ Licenses and permits 7,237,718 31,619,276 - 1,208,562
Intergovernmental 7,743,930 - - 3,348,743
Charges for services 4,595,952 - - 40,843
Fines and forfeitures 626,532 - - 451,793
Use of money and property (584,768) 584,040 - 329,972
Other revenues 5,864,628 24,454,581 22,918,053 342,555
Total revenues 69,690,875 56,657,897 22,918,053 7,528,268 EXPENDITURES:

Current:

General government 8,630,693 77,55
1 - 1,757,639
Public safety 34,306,350 - - 313,482
Public works 2,053,186 - - -
Streets 2,055,155 - - 72,277
Parks and recreation 5,443,772 - - 300,569
Library 2,218,207 - - 32,020
Community and economic development 3,198,317 - - 52,911 Capital outlay 1,112,575 - 23,999,135 3,160,857
Debt service:

Principal - - - 1,446,246
Interest and fiscal charges - - - 290,595
Total expenditures 59,018,255 77,551 23,999,135 7,426,596

REVENUES OVER (UNDER)
EXPENDITURES 10,672,620 56,580,346 (1,081,082) 101,672 OTHER FINANCING SOURCES (USES):

Transfers in 2,928,207 - 13,682,33
1 14,069,206
Transfers out (20,860,702) (2,042,765) (1,799,938) (5,881,615) Proceeds from long-term debt 690,702 - - -
Total other financing sources (uses) (17,241,793) (2,042,765) 11,882,393 8,187,591 Net change in fund balances (6,569,173) 54,537,581 10,801,311 8,289,263 FUND BALANCES:

Beginning of year 46,596,269 155,440 (170,178
) 16,823,644
End of year 40,027,096$ 54,693,021$ 10,631,133$ 25,112,907$ General Fund
Parks and Facilities
and Technology
Capital
Improvement
Developer
Agreements and
Impact Fees
See accompanying Notes to Basic Financial Statements.
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2023 2022
46,012,683$ 44,256,905$
40,065,556 6,093,601
11,092,673 13,464,391
4,636,795 3,997,199
1,078,325 783,915
329,244 (6,658,443)
53,579,817 14,008,403
156,795,093 75,945,971
10,465,883 8,020,370
34,619,832 30,693,706
2,053,186 1,551,310
2,127,432 1,870,115
5,744,341 5,164,289
2,250,227 2,094,036
3,251,228 2,838,991
28,272,567 18,577,288
1,446,246 1,357,151
290,595 277,303
90,521,537 72,444,559
66,273,556 3,501,412
30,679,744 12,083,255
(30,585,020) (11,926,313)
690,702 1,600,000
785,426 1,756,942
67,058,982 5,258,354
63,405,175 58,146,821
130,464,157$ 63,405,175$
Totals
See accompanying Notes to Basic Financial Statements.
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City of San Bruno
Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Government-Wide Statement of Activities For the year ended June 30, 2023
Net Change in Fund Balances - Total Governmental Funds 67,058,982$ Governmental funds reported capital outlay as expenditures. However, in the Government-Wide Statement of Activities, the cost of those assets was allocated over their estimated lives as depreciation expense. This was the amount of capital assets recorded in the current period, net of the amount related to internal service funds. 25,503,900
Depreciation expense on capital assets was reported in the Government-Wide Statement of Activities, but did not require the use of current financial resources. Therefore, depreciation expense was not reported as expenditures in the governmental funds, net of the amount related to internal service funds. (4,010,342) Accrued compensated leave payments were reported as expenditures in the governmental funds, however expense is recognized in the Government-Wide Statement of Activities based on earned leave accruals. (2,606) Debt proceeds provide current financial resources to governmental funds, but issuing debt increased long- term liabilities in the Government-Wide Statement of Net Position. Repayment of debt was an expenditure in governmental funds, but the repayment reduced long-term liabilities in the Government-Wide Statement of Net Position.

Long-term debt repayment
s 1,718,749
Issuance of long-term debt (690,702)
Change in interest payable 19,930
Amortization of bonds premium (discount), net (19,518)
Current year employer pension contributions are recorded as expenditures in the governmental funds, however, these amounts are reported as a deferred outflow of resources in the Government-Wide Statement of Net Position. 10,838,979
Pension expense is reported in the Government-Wide Statement of Activities does not require the use of current financial resources, and therefore is not reported as expenditures in governmental funds. (5,336,250) Unavailable revenues removed in the fund financial statements resulting from activities in which revenues were earned in the governmental funds but were already recognized as revenues in the Government-Wide Financial Statements in a prior year (83,234)
Internal service funds were used by management to charge the costs of certain activities, such as insurance and fleet management, to individual funds. The net revenue (expense) of the internal service funds was reported with governmental activities. (58,318)
Change in Net Position of Governmental Activities 94,939,570$ Amounts reported for governmental activities in the Government-Wide Statement of Activities were different because:

See accompanying Notes to Basic Financial Statements
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PROPRIETARY FUNDS
Proprietary funds account for City operations financed and operated in a manner similar to a private business enterprise. The intent of the City is that the cost of providing goods and services be financed primarily through user charges.

The City has identified the funds below as major proprietary funds.

Water Fund
To account for water services provided to the citizens of San Bruno. All activities necessary to provide such services are accounted for in this fund, including, but not limited to, administration, operations, maintenance, capital improvement, and billing and collections.

Stormwater Fund
To account for storm drain system maintenance, street sweeping and other related activities to the citizens of San Bruno. Funding comes from customers connected to the City's sewer system, due to extensive infiltration and intrusion to the City's sewer system and street sweeping charges.

Wastewater Fund
To account for sanitary sewer services provided to the citizens of San Bruno. All activities necessary to provide such services are accounted for in this fund, including, but not limited to, treatment and capital improvement.

CityNet Fund
To account for operating and capital improvement costs to provide a full suite of video, data and voice services to residential and business customers.
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City of San Bruno
Statement of Net Position
Proprietary Funds
June 30, 2023 (with comparative totals for June 30, 2022) ASSETS
Current Assets:

Cash and investments 49,918,367$ -$ 49,348,095$ -$ Cash and investments with fiscal agent 461,826 - 1,474,930 - Receivables:

Taxes ----
Accounts 2,862,84 1 6,600 2,405,704 704,328
Prepaid items ----
Total current assets 53,243,034 6,600 53,228,729 704,328 Noncurrent:

Capital assets:

Nondepreciable capital assets 8,023,714 2,444,569 7,780,739 500,000 Depreciable capital assets 55,606,666 5,915,206 89,079,839 22,440,138 Accumulated depreciation (24,536,313) (1,747,296) (36,484,975) (21,280,168) Net capital assets 39,094,067 6,612,479 60,375,603 1,659,970 Total noncurrent assets 39,094,067 6,612,479 60,375,603 1,659,970 Total assets 92,337,101 6,619,079 113,604,332 2,364,298

DEFERRED OUTFLOWS OF RESOURCES
Deferred amount on pensions 1,610,246 217,568 1,450,957 1,761,800 Deferred amount on refunding -- 7 3,616 -
Total deferred outflows of resources 1,610,246 217,568 1,524,573 1,761,800

LIABILITIES
Current liabilities:

Accounts payable and accrued liabilities 4,889,044 914,887 877,737 507,196 Interest payable 220,599 - 611,152 -
Deposits payable ----
Unearned revenue - - - 641,076
Other liabilities ----
Compensated absences - current 19,092 7,892 16,716 36,118 Claims and judgements - current ----
Long-term debt - current portion 240,000 - 1,691,088 -
Total current liabilities 5,368,735 922,779 3,196,693 1,184,390 Noncurrent liabilities:

Advances from other funds - 642,42 6 - 16,036,799
Compensated absences 159,544 43,943 117,150 236,895
Claims payable ----
Net pension liability 5,923,787 800,389 5,337,793 6,481,326 Long-term debt 11,418,870 - 29,090,768 -
Total noncurrent liabilities 17,502,201 1,486,758 34,545,711 22,755,020 Total liabilities 22,870,936 2,409,537 37,742,404 23,939,410

DEFERRED INFLOWS OF RESOURCES
Deferred amount on pensions 6,679 902 6,018 7,307
Total deferred inflows of resources 6,679 902 6,018 7,307

NET POSITION
Net investment in capital assets 27,435,197 6,612,479 29,667,363 1,659,970 Restricted 461,826 - 1,474,930 -
Unrestricted 43,172,70 9 (2,186,271) 46,238,190 (21,480,589) Total net position 71,069,732$ 4,426,208 $ 77,380,483 $ (19,820,619) $ Reconciliation to the government-wide statement of net position:

Adjustment to reflect the consolidation of internal servic e fund activities related to enterprise funds 926,723$ 79,899$ (61,923)$ 750,604$ Net position of business-type activities 71,996,455 $ 4,506,107 $ 77,318,560 $ (19,070,015) $ Water Stormwater Wastewater CityNet
Business Type Activities - Enterprise Funds
See accompanying Notes to Basic Financial Statements.
42 124 of 330

2023 2022 2023 2022
-$ 99,266,462$ 94,768,04 0$ 2,744,262$ 2,781,517$ - 1,936,756 1,918,591 91,119 91,119
-
- - ---
- 5,979,473 5,886,89 6 449 -
- - 47,540 --
- 107,182,691 102,621,067 2,835,830 2,872,636
- 18,749,022 10,303,337 - -
- 173,041,849 171,282,140 171,319 52,493
- (84,048,752) (78,995,345) (59,094) (51,166)
- 107,742,119 102,590,132 112,225 1,327
- 107,742,119 102,590,132 112,225 1,327
- 214,924,810 205,211,199 2,948,055 2,873,963 - 5,040,571 1,978,968 - -
- 73,616 80,977 - -
- 5,114,187 2,059,945 - - 2,490 7,191,354 1,976,590 410,055 389,732
- 831,751 830,232 - -
- - --
- 641,07 6 677,547 - -
- - ---
- 79,818 102,507 26,40 1 23,936
- - - 1,118,000 1,545,000
- 1,931,088 2,039,962 - -
2,490 10,675,087 5,626,838 1,554,456 1,958,668
- 16,679,225 15,218,44 6 --
- 557,532 443,192 100,88 1 69,816
- - - 3,905,000 3,483,000
- 18,543,295 11,151,057 - -
- 40,509,638 42,172,340 --
- 76,289,69 0 68,985,035 4,005,881 3,552,816
2,490 86,964,777 74,611,873 5,560,337 5,511,484
- 20,906 3,860,417 - -
- 20,906 3,860,417 - -
- 65,375,009 58,458,807 112,225 1,327
- 1,936,756 1,918,591 --
(2,490) 65,741,549 68,421,456 (2,724,507) (2,638,848)
(2,490)$ 133,053,314$ 128,798,854 $ (2,612,282) $ (2,637,521) $ -$ 1,695,303$ 1,611,74 6$ (2,490)$ 134,748,617$ 130,410,600 $ Totals Totals
Business-Type Activities - Governmental Activities -
Enterprise Funds Internal Service Funds
Parking (Non-major
fund)
See accompanying Notes to Basic Financial Statements.
43 125 of 330

City of San Bruno
Statement of Revenues, Expenses and Changes in Net Position Proprietary Funds
For the year ended June 30, 2023 (with comparative totals for June 30, 2022) OPERATING REVENUES:

Charges for services:

Water sales 16,238,503$ -$ -$ -$ Sewer service charges - - 18,577,763 - Cable television charges - - - 8,253,573 Other service charges 725,613 562,632 775,802 13,491 Other operating revenue - 373,096 173,093 - Total operating revenues 16,964,116 935,728 19,526,658 8,267,064 OPERATING EXPENSES:

Water supply 13,874,541 ---
Distribution 110,073 1,798,081 - - Treatment - - 11,340,620 - Cable operations - - - 8,832,751 Central garage ----
Insurance expenses - - - - Technology support - - - - Facilities maintenance - - - - Depreciation and amortization 1,831,648 237,047 2,755,547 229,165 Total operating expenses 15,816,262 2,035,128 14,096,167 9,061,916 Operating income (loss) 1,147,854 (1,099,400) 5,430,491 (794,852) NONOPERATING REVENUES (EXPENSES):

Investment income 576,326 704 577,077 - Interest and debt service expenses (405,472) - (1,080,645) (409) Total nonoperating revenues (expenses) 170,854 704 (503,568) (409) Income before contributions and transfers 1,318,708 (1,098,696) 4,926,923 (795,261) CONTRIBUTIONS AND TRANSFERS:

Transfers in 457,100 110,000 1,207,882 95,399
Transfers out (940,000) - (580,000) (445,105)
Total contributions and transfers (482,900) 110,000 627,882 (349,706) Change in net position 835,808 (988,696) 5,554,805 (1,144,967) NET POSITION:

Beginning of year 70,233,924 5,414,904 71,825,678 (18,675,652) End of year 71,069,732$ 4,426,208$ 77,380,483$ (19,820,619)$ Reconciliation to government-wide statement of activities:

Adjustment to reflect the consolidation of internal
service fund activities related to enterprise funds 42,311$ (7,114)$ 59,352$ (10,992)$ Change in net position of business-type activities - End of y 878,119$ (995,810) $ 5,614,157 $ (1,155,959) $ Business Type Activities - Enterprise Funds
Water Stormwater Wastewater CityNet
See accompanying Notes to Basic Financial Statements.
44 126 of 330

2023 2022 2023 2022
-$ 16,238,503$ 16,581,226$ -$ -$ - 18,577,763 19,262,372 - - - 8,253,573 8,549,101 - - - 2,077,538 881,642 7,300,833 6,497,974 - 546,189 498,539 649 - - 45,693,566 45,772,880 7,301,482 6,497,974 - 13,874,541 9,486,358 - -
- 1,908,154 1,420,201 - - - 11,340,620 9,111,455 - - - 8,832,751 9,150,862 - - - - - 971,084 744,855
- - - 3,059,462 2,438,620 - - - 1,315,296 1,268,418 2,490 2,490 - 1,922,473 1,917,707 - 5,053,407 5,152,042 7,928 3,978 2,490 41,011,963 34,320,918 7,276,243 6,373,578 (2,490) 4,681,603 11,451,962 25,239 124,396 - 1,154,107 608,506 - - - (1,486,526) (1,560,717) - - - (332,419) (952,211) - - (2,490) 4,349,184 10,499,751 25,239 124,396 - 1,870,381 1,250,000 - 443,439
- (1,965,105) (1,850,381) --
- (94,724) (600,381) - 443,439 (2,490) 4,254,460 9,899,370 25,239 567,835 - 128,798,854 118,899,484 (2,637,521) (3,205,356) (2,490)$ 133,053,314$ 128,798,854$ (2,612,282)$ (2,637,521)$ -$ 83,557$ (13,465)$ (2,490)$ 4,338,017$ 9,740,351$ Totals Totals
Business-Type Activities - Governmental Activities -
Enterprise Funds Internal Service Funds
Parking (Non-major
fund)
See accompanying Notes to Basic Financial Statements.
45 127 of 330

City of San Bruno
Statement of Cash Flows
Proprietary Funds
For the year ended June 30, 2023 (with comparative totals for June 30, 2022) CASH FLOWS FROM OPERATING ACTIVITIES:

Cash received from interfund services provided -$ - $ - $ - $ Cash receipts from customers 16,824,167 1,126,053 19,244,288 8,417,550 Cash payments to suppliers for goods and services (10,099,730) (1,043,924) (10,581,020) (9,019,118) Cash (payments) receipts to employees for services 210,936 21,874 174,386 182,940 Cash reimbursements for loss claims - - - -
Net cash provided by (used in) operating activities 6,935,373 104,003 8,837,654 (418,628) CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES:

Loans from other funds - 642,426 - 974,024
Loans repayments to other funds - - - (155,671)
Transfers received from other funds 457,100 110,000 1,207,882 95,399 Transfers paid to other funds (940,000) - (580,000) (445,105) Net cash provided by (used in)
noncapital financing activities (482,900) 752,426 627,882 468,647 CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES:

Acquisition and construction of capital assets (4,260,743) (1,531,426) (4,363,615) (49,610) Principal payments on long-term debt (271,555) - (1,500,021) - Interest paid on long-term debt (411,298) - (1,073,300) (409) Net cash provided by (used in)
capital and related financing activities (4,943,596) (1,531,426) (6,936,936) (50,019) CASH FLOWS FROM INVESTING ACTIVITIES:

Investment income (expense) 576,326 704 577,077 - Net cash provided by (used in) investing activities 576,326 704 577,077 - Net cash flows 2,085,203 (674,293) 3,105,677 - CASH AND INVESTMENTS - Beginning of year 48,294,990 674,293 47,717,348 - CASH AND INVESTMENTS - End of year 50,380,193$ -$ 50,823,025$ -$

RECONCILIATION OF OPERATING INCOME (LOSS) TO NET
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES:

Operating income (loss) 1,147,854$ (1,099,400)$ 5,430,491$ (794,852)$ Adjustments to reconcile operating income (loss) to
net cash provided by (used in) operating activities:

Depreciation and amortization 1,831,648 237,047 2,755,547 229,165 (Increase) decrease in current assets:

Taxes receivable ----
Accounts receivable (187,489) 190,325 (282,370) 186,957 Other receivable ----
Prepaid items 47,540 - - -
(Increase) decrease in deferred outflows of resources (978,051) (132,149) (873,939) (1,070,103) Increase (decrease) in liabilities:

Accounts payable and accrued liabilities 3,884,884 754,157 759,600 (186,367) Unearned revenue --- (36,471)
Compensated absences 54,043 676 25,652 11,280
Net pension liability 2,361,503 319,073 2,127,898 2,583,764 Claims liability ----
Increase (decrease) in deferred inflows of resources (1,226,559) (165,726) (1,105,225) (1,342,001) Net cash provided by (used in) operating activities 6,935,373$ 104,003 $ 8,837,654 $ (418,628) $ Business Type Activities - Enterprise Funds
Water Stormwater Wastewater CityNet
See accompanying Notes to Basic Financial Statements.
46 128 of 330

2023 2022 2023 2022
-$ -$ -$ 7,300,384$ 6,532,656$ - 45,612,058 45,851,891 --
- (30,743,792) (29,974,453) (7,219,462) (6,788,018)
- 590,136 (1,049,220) --
--- 6 49-
- 15,458,402 14,828,218 81,571 (255,362) - 1,616,450 971,766
- (155,671) (168,971) --
- 1,870,38 1 1,250,000 - 443,439
- (1,965,105) (1,850,381) --
- 1,366,055 202,414 - 443,439 - (10,205,394) (2,695,374) (118,826) -
- (1,771,576) (2,122,236) --
- (1,485,007) (1,594,953) --
- (13,461,977) (6,412,563) (118,826) - - 1,154,107 608,506 - - - 1,154,107 608,506 - - - 4,516,587 9,226,575 (37,255) 188,077 - 96,686,631 87,460,056 2,872,636 2,684,559 -$ 101,203,218$ 96,686,631$ 2,835,381$ 2,872,636$ (2,490)$ 4,681,603$ 11,451,962 25,239 124,396 - 5,053,407 5,152,042 7,928 3,978
- - 9,544 - -
- (92,577) 135,267 (449) 34,682
-----
- 47,540 (47,540) --
- (3,054,242) 211,019 - -
2,490 5,214,764 (805,577) 20,323 89,043
- (36,471) (18,260) --
- 91,65 1 (36,102) 33,530 (123,461)
- 7,392,238 (5,084,554) --
--- (5,000) (384,000)
- (3,839,511) 3,860,417 - -
-$ 15,458,402$ 14,828,218$ 81,571$ (255,362)$ Internal Service Funds
Totals
Governmental Activities - Business-Type Activities -
Enterprise Funds
Totals
Parking (non-major)
See accompanying Notes to Basic Financial Statements.
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48 130 of 330

FIDUCIARY FUNDS
Fiduciary funds are used to report assets held for fiduciary activities, which may be carried out by primary governments or their component units. Fiduciary funds may be (1) held for legally established trust funds or similar arrangements, or (2) held outside of a trust exclusively fo r the benefit of individuals or organizations and used for activities that meet the criteria to be treated as fiduciary activities.

Redevelopment Agency Obligation Retirement Trust Fund
To account for the assets, liabilities and activities of t he former Redevelopment Agency of the City in a trustee capacity to pay for enforceable obligations of the former Redevelopment Agency. In accordance with Assembly Bill (AB) X1 26 and AB 1484, the San Bruno Redevelopment Agency was dissolved February 1, 2012.

Recology San Bruno Custodial Fund
To account for funds billed, collected, and remitted to Recology San Bruno for waste management services within the City.
49 131 of 330

City of San Bruno
Statement of Fiduciary Net Position
Fiduciary Funds
June 30, 2023 (with comparative totals for June 30, 2022) 2023 2022 2023 2022
ASSETS
Cash and investments 1,323,606$ 1,856,902$ 633,428$ 590,885$ Cash and investments with fiscal agent 263 9 - - Taxes receivable - - - - Accounts receivable - - 1,031,370 761,248 Interest receivable - - - - Loans receivable - - - - Other receivable - - - - Prepaid items - - - - Total assets 1,323,869 1,856,911 1,664,798 1,352,133

DEFERRED OUTFLOWS OF RESOUCES
Deferred loss on refunding 29,715 33,429 - - Total deferred outflows of resources 29,715 33,429 - -

LIABILITIES
Accounts payable 202,738 3,350 1,662,917 1,350,223 Interest payable 23,486 26,342 - - Deposits payable - - - - Other liabilities - - 1,881 1,910 Long-term liabilities:

Long-term debt - due within one year 365,000 350,000 - - Long-term debt - due in more than one year 3,419,376 3,836,798 - - Total liabilities 4,010,600 4,216,490 1,664,798 1,352,133

NET POSITION
Restricted for:

Individuals, organizations, and other governments - - - - Net position held in trust (2,657,016) (2,326,150) - - Total Net Position (2,657,016)$ (2,326,150)$ -$ -$ Redevelopment
Agency Obligation Recology San Bruno
Retirement Trust Fund Custodial Fund
See accompanying Notes to Basic Financial Statements.
50 132 of 330

City of San Bruno
Statement of Changes in Fiduciary Net Position
Fiduciary Funds
For the year ended June 30, 2023 (with comparative totals for June 30, 2022) 2023 2022 2023 2022
ADDITIONS:

Administration allowance 287$ 9$ -$ -$ Taxes 206,767 350,417 - - Charges for services - - 9,248,713 8,987,351 Other revenues 11,085 7,737 - - Total additions 218,139 358,163 9,248,713 8,987,351 DEDUCTIONS:

Community development 404,874 3,350 - - Franchise fees to City - - 931,453 904,546 AB939 fees to City - - 93,145 90,455 Remittances to Recology - - 8,224,115 7,992,350 Interest and fiscal charges 144,131 128,105 - - Total deductions 549,005 131,455 9,248,713 8,987,351 Change in net position (330,866) 226,708 - - NET POSITION:

Beginning of year (2,326,150) (2,552,858) - - End of year (2,657,016)$ (2,326,150)$ -$ -$ Redevelopment
Agency Obligation
Retirement Trust Fund
Recology San Bruno
Custodial Fund
See accompanying Notes to Basic Financial Statements.
51 133 of 330

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52 134 of 330

NOTES TO BASIC

FINANCIAL STATEMENTS
53 135 of 330

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54 136 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

1. SUMMARY OF SIGNFICANT ACCOUNTING POLICIES
A. Financial Reporting Entity
The financial reporting entity consists of (a) the primary government, the City of San Bruno (City), (b) organizations for which the primary government is financially accountable, and (c) other organizations for which the primary government is not accountable, but for which the nature and significance of their relationship with the primary government are such that exclusion would cause the reporting entity’s financial statements to be misleading or incomplete.

B. Related Organizations
The San Bruno Community Foundation (Foundation) is a California nonprofi t corporation which was organized in 2013 as a public benefit 501(c)(3) nonprofit corporation and has been determined to be a Type I supporting organization under Section 509(a)(3) of the Internal Revenue Code. Pursuant to the settlement agreement dated March 12, 2012, between Pacific Gas & Electric Company (PG&E) and the City of San Bruno, both parties agreed to resolve and settle all claims arising out of the September 9, 2010, pipeline incident. The terms required PG&E to contribute a total of $70 million to the City, which comprised of 1) five vacant plots of land in the Glenview (Crestmoor) neighborhood, which had a total fair market value of $1,250,000 and 2) $68,750,000 in cash, to transfer to a tax-exempt, nonprofit public purpose entity. Hence, the Foundation was created from the Settlement Agreement. The Foundation engages primarily in the administration of PG&E restitution funds. The election of the Foundation’s Board is controlled by the City. Separate financial statements for the Foundation may be obtained by contacting the San Bruno Community Foundation, 901 Sneath Lane, Ste. 209, San Bruno, CA 94066.

In the fiscal year ended June 30, 2023, The Foundation provided the City $22,918,053 in grant funding for the Recreation and Aquatics Center project, and $30,000 for the San Bruno Community Day in the Park project. The City has recorded $0 in receivables from the Foundation as of June 30, 2023.

C. Basis of Presentation
Government-Wide Financial Statements - The statement of net position and statement of activities display information about the reporting government as a whol e. They include all funds of the reporting entity except for fiduciary funds. The statements distinguish between governmental and business-type activities. Governmental activities generally are financed through taxes, intergovernmental revenues, and other nonexchange revenues. Business-type activities are financed in whole or in part by fees charged to external parties for goods or services.

Fund Financial Statements - Fund financial statements of the reporting entity are organized into funds each of which is considered to be a separate accounting entity. Each fund is a ccounted for by providing a separate set of self-balancing accounts, which constitu te its assets, liabilities, fund balance/net position, revenues, and expenditures/expenses. Funds are organized into three major categories: governmental, proprietary, and fiduciary. An emphasis is placed on major funds within the governmental and proprietary categories, each of which is displayed in a separate column. All remaining governmental and enterprise funds are aggregated and reported as nonmajor funds. 55 137 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

1. SUMMARY OF SIGNFICANT ACCOUNTING POLICIES, Continued C. Basis of Presentation, Continued
The Enterprise Funds are used to account for operations that are financed and operated in a manner similar to private business enterprises – where the intent of the City Council is that the costs of providing goods or services to the general public on a continuing basis be financed or recovered primarily through user charges or where the City Council has decided that periodic determination of net income is appropriate for accountability purposes.

A fund is considered major if it is the primary operating fund of the City or meets the following criteria:
(a) Total assets, deferred outflows of resources, liab ilities, deferred inflow of resources, revenues, or expenditures/expenses of that individual governmental or enterprise fund are at least 10 percent of the corresponding total for all funds of that category or type; and, (b) Total assets, deferred outflows of resources, liab ilities, deferred inflow of resources, revenues, or expenditures/expenses of the individual governmental fund or enterprise fund are at least 5 percent of the corresponding total for all governmental and enterprise funds combined. However, some funds are reported as major funds due to the significance to the users of the financial statements.

The major funds of the financial reporting entity are described below.

Government Activities
General Fund – The General Fund is the City’s primary op erating fund. It accounts for all financial resources of the general government except those required to be accounted for in another fund.

Developer Agreements and Impact Fees Fund – Accounts for funds from new developments to pay for public facilities and infrastructure needed to accommodate growth in the City.

Parks and Facilities and Technology Capital Improvement – Accounts for funds expended on the improvement and development of the City’s facilities, infrastructure, major equipment and technological upgrades used to deliver services to the community. Funding comes from the General Fund, grants, and other sources.

Business-type Activities
The City reported all its enterprise funds as major funds in the accompanying financial statements:

Water Fund – Accounts for water services provided to the citizens of San Bruno. All activities necessary to provide such services are accounted for in this fund, including, but not limited to, administration, operations, maintenance, capital improvement, and billing and collections. 56 138 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

1. SUMMARY OF SIGNFICANT ACCOUNTING POLICIES, Continued C. Basis of Presentation, Continued
Stormwater Fund – Accounts for storm drain system maintenance, street sweeping and other related activities to the citizens of San Bruno. Funding comes from customers connected to the City's sewer system, due to extensive infiltration and intrusion to the City's sewer system and street sweeping charges.

Wastewater Fund – Accounts for sanitary sewer services provided to the citizens of San Bruno. All activities necessary to provide such services are accounted for in this fund, including, but not limited to, treatment.

CityNet Fund – Accounts for operating costs associated with administering the cable television franchise.

The City also reports the following fund types:

Internal Service Funds – The Internal Service Funds are used to account for financing of goods or services provided by one department or agency to other departments or agencies of the City, or to other governments, on a cost-reimbursement basis. The internal service funds are used to account for central garage, insurance programs, technology development, and facility maintenance. These funds are eliminated as part of the reconciliation process and treated as governmental activities, since these are the primary funds served.

Fiduciary Funds – These funds include: Redevelopment Agency Obligation Retirement Trust Fund – which accounts for the assets, liabilities and activities of the former Redevelopment Agency of the City in a trustee capacity to pay for enforceable obligations of the former Redevelopment Agency; and Recology San Bruno Custodial Fund – which accounts for fund s billed, collected, and remitted to Recology San Bruno for waste management services within the City.

D. Measurement Focus
Measurement focus is a term used to describe how transactions are recorded within the various financial statements.

On the government-wide Statement of Net Position and the Statement of Activities, both governmental and business-type activities are presented using the economic resources measurement focus as defined in item b below.

In the fund financial statements, the “current financial resources” measurement focus or the “economic resources” measurement focus is used as appropriate:
(a) All governmental funds utilize a “current financial resources” measurement focus. Only current financial assets and liabilities are generally incl uded on their balance sheets. Their operating statements present sources and uses of availabl e spendable financial resources during a given period. These funds use fund balance as their measure of available spendable financial resources at the end of the period.
57 139 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

1. SUMMARY OF SIGNFICANT ACCOUNTING POLICIES, Continued D. Measurement Focus, Continued
(b) The enterprise and internal service funds utilize an “economic resources” measurement focus. The accounting objectives of this measurement focus are the determination of net income, financial position, and cash flows. All assets and liabilities (whether current or noncurrent) associated with their activities are reported. Enterprise and internal service fund equity is classified as net position. (c) Fiduciary funds are accounted for using the flow of economic resources measurement focus and the accrual basis of accounting. Fiduciary funds are excluded from the government-wide financial statements because they do not represent resources of the City.

E. Basis of Accounting
In the government-wide Statement of Net Position and Statement of Activities both governmental and business-type activities are presented using the accrual basis of accounting. Under the accrual basis of accounting, revenues are recognized when earned and expenses are recorded when the liability is incurred or economic asset used. Revenues, expenses, gains, losses, assets, and liabilities resulting from exchange and exchange-like transactions are recognized when the exchange takes place.

In the fund financial statements, governmental funds are presented on the modified accrual basis of accounting. Under this modified accrual basis of accounting, revenues are recognized when “measurable and available.” Measurable means knowing or being ab le to reasonably estimate the amount. Available means collectible within the current period, considered to be 60 days, or soon enough thereafter to pay current liabilities. Major revenue sources meeting this criterion are property taxes, sales taxes, grants and interest. Expenditures (including capital outlay) are recorded when the related fund liability is incurred.

Amounts reported as program revenues include 1) charges to customers or applicants for goods, services, or privileges provided, 2) operating grants and contributions, and 3) capital grants and contributions.

Internally dedicated resources are reported as general revenues rather than program revenues. Likewise, general revenues include all taxes.

The enterprise, internal service and fiduciary funds utilize the accrual basis of accounting. Under the accrual basis of accounting, revenues are recognized when earned and expenses are recorded when the liability is incurred or economic asset used. Oper ating revenues in the proprietary funds are those revenues that are generated from the primary operations of the fund. All other revenues are reported as non-operating revenues. Operating expenses are th ose expenses that are essential to the primary operations of the fund. All other expenses are reported as nonoperating expenses.

Assets, Liabilities, and Equity
F. Cash Deposits and Investments
The City’s cash and cash equivalents are considered to be cash on hand, demand deposits, and short-term investments with original maturities of three months or less from the date of acquisition. 58 140 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

1. SUMMARY OF SIGNFICANT ACCOUNTING POLICIES, Continued F. Cash Deposits and Investments, Continued
The City pools cash and investments from all funds for the purpose of increasing income through investment activities. Highly liquid money market investments with maturities of one year or less at time of purchase are stated at amortized cost. All other investments are stated at fair value in accordance with GASB Statement No. 31, Accounting and Financial Reporting for Certain Investments and for External Investment Pools. Market value is used as fair value for those securities for which market quotations are readily available.

The City indirectly participates in an investment po ol managed by the State of California titled Local Agency Investment Fund (LAIF) which invests a portion of the pool funds in Structured Notes and Asset- Backed Securities. LAIF's investments are subject to credit risk with the full faith and credit of the State of California collateralizing these investments. In addition, these Structured Notes and Asset-Backed Securities are subject to market risk such as changes in interest rates.

G. Interfund Receivables and Payables
During the course of operations, numerous transactions occur between individual funds that may result in amounts owed between funds. Those related to goods and services type transactions are classified as “due to and from other funds.” Short-term interfund loans are reported as “interfund receivables and payables.” Long-term interfund loans (noncurrent portion) are reported as “advances from and to other funds.”
Interfund receivables and payables between funds within governmental activities are eliminated in the Statement of Net Position. See Note 3 for details of interfund transactions, including receivables and payables at year-end.

H. Receivables
In the government-wide statements, receivables consist of all revenues earned at year-end and not yet received. Allowances of uncollectible accounts rece ivable are based upon historical trends and the periodic aging of accounts receivable. Major receivab le balances for the governmental activities include property taxes, sales and use taxes, franchise taxes, intergovernmental subventions, interest earnings, paramedic service, and expense reimbursements.

Business-type activities report service charges and expense reimbursements as its major receivables. In the fund financial statements, sign ificant receivables in governmental funds include revenue accruals such as property tax, sales tax, transient occupancy tax, franchise tax, and intergovernmental subventions since they are usually both measurable and available. Non-exchange transactions collectible but not available are deferred in the fund financial statements in accordance with the modified accrual basis, but not deferred in the government-wide financial statemen ts in accordance with the accrual basis. Interest and investment earnings are recorded when earned on ly if paid within 60 days since they would be considered both measurable and available.
59 141 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

1. SUMMARY OF SIGNFICANT ACCOUNTING POLICIES, Continued H. Receivables, Continued
Proprietary fund material receivables consist of all revenues earned at year-end and not yet received.

Customer and intergovernmental accounts receivab le comprise the majority of proprietary fund receivables.

I. Inventories
The cost of other consumable materials and supplies on hand are immaterial to the financial statements, and the City has therefore chosen to report these items as expenditures/expenses at the time of purchase.

J. Capital Assets
The City's assets are capitalized at historical cost or estimated historical cost if actual is available. Policy has set the capitalization threshold for reporting capital assets at $10,000. Contributed capital assets are valued at their estimated acquisition value on the date contributed. Donated works of art and similar items and capital assets received in a service concession arrangement are reported at acquisition value rather than fair value. Right-to-use assets held for long-term leases and software agreements are capitalized at $75,000. Public domain (infrastructur e) capital assets include roads, bridges, curbs and gutters, streets, sidewalks, drainage systems, and lighting systems and are capitalized at $100,000.

The accounting treatment of property, plant and equipment (capital assets) depends on whether the assets are used in governmental fund operations or proprietary fund operations and whether they are reported in the government-wide or fund financial statements.

Government-Wide Statements - Prior to July 1, 2003, governmental funds’ infrastructure assets were not capitalized. These assets (back to July 1, 1980) have been valued at estimated historical cost.

Depreciation of all exhaustible capi tal assets is recorded as an allo cated expense in the Statement of Activities, with accumulated depreciation reflected in the Statement of Net Position. Depreciation is provided over the assets’ estimated useful lives using the straight-line method of depreciation. The range of estimated useful lives by type of asset is as follows:

Fund Financial Statements - In the fund financial statements, capital assets used in governmental fund operations are accounted for as capital outlay expenditures of the governmental fund upon acquisition.

Capital assets used in proprietary fund operations are accounted for the same way as in the government- wide statements.
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City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

1. SUMMARY OF SIGNFICANT ACCOUNTING POLICIES, Continued K. Long-Term Debt
The accounting treatment of long-term debt depends on whether the assets are used in governmental fund operations or proprietary fund operations an d whether they are reported in the government-wide or fund financial statements.

All long-term debt to be repaid from governmental and business-type resources is reported as a liability in the government-wide statements. The long-term debt consists of bonds, finance purchase agreements, leases, software subscriptions, compensated absences, and a liability for claims.

Long-term debt for governmental funds is not reported as liabilities in the fund financial statements. The debt proceeds are reported as other financing sources, and payment of principal and interest reported as expenditures. The accounting for proprietary funds is the same in the fund statements as it is in the government-wide statements.

L. Compensated Absences
The City’s policies regarding vacation time and co mpensatory time permit employees to accumulate earned but unused leave. The current portion of this debt is estimated based on historical trend and funded in the individual fund generating the liabili ty with the long-term portion shown as a long-term liability.

The changes of the compensated absences were as follows:

M. Pensions
For purposes of measuring the net pension liability and deferred outflows/inflows of resources related to pensions, and pension expense, information about the fiduciary net position of the City’s California Public Employees’ Retirement System (CalPERS) plan (the Plan) and additions to/deductions from the Plan fiduciary net position have been determined on the same basis as they are reported by CalPERS. For this purpose, benefit payments (including refunds of employee contributions) are recognized when due and payable in accordance with the benefit terms. Investments are reported at fair value. 61 143 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

1. SUMMARY OF SIGNFICANT ACCOUNTING POLICIES, Continued N. Deferred Outflows/Inflows of Resources
In addition to assets, the statement of financial position or balance sheet reports a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net assets that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then. In addition to liabilities, the statement of financial position or balance sheet reports a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net assets that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time.

Revenues, Expenditures, and Expenses
O. Property Tax
Under California law, property taxes are assessed and collected by the counties up to 1% of assessed value, plus other increases approved by the voters. The property taxes go into a pool and are then allocated to the cities based on complex formulas. A ccordingly, the City accrues only those taxes which are receivable from the county within sixty days after year end.

Lien Date January 1
Levy Date July 1
Due Dates November 1 and February 1
Delinquent Date December 10 and April 10
Property taxes attach annually as an enforceable lien as of January 1. Taxes are levied on July 1, are payable in two installments, and are delinquent after December 10 and April 10. All general property taxes are then allocated by the San Mateo County Cont roller’s Office to the various taxing entities in accordance with Proposition 13. Property tax revenues are recognized when levied to the extent that they are measurable and that they will be received in 60 days. Since the County utilizes the Teeter system of allocation, all property tax revenue is allocated to the City and accounted for as revenue in the fiscal year that it is levied.
62 144 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

1. SUMMARY OF SIGNFICANT ACCOUNTING POLICIES, Continued P. Expenditures/Expenses
In the government-wide financial statements, expenses are classified by function for both governmental and business-type activities.

In the fund financial statements, expenditures are classified as follows:

Governmental funds – by character
Current (further classified by function)
Capital outlay
Debt service
In the fund financial statements, governmental funds report expenditures of current financial resources.

Q. Interfund Transfers
Resources are reallocated between funds by reporting them as interfund transfers. For the purposes of the Statement of Activities, all interfund transfers between individual governmental funds have been eliminated with internal balances (between governmental and business-type activities) remaining on the statement of net position.

R. Prior Year Comparative Financial Information
The basic financial statements included certain pr ior year summarized comparative information. This information has been included for comparison purposes and does not represent a complete presentation in accordance with generally accepted accounting pr inciples. Accordingly, such information should be read in conjunction with the City’s prior year fina ncial statements, from which this selected data was derived. Certain minor reclassifications of prior year data may have been made in order to enhance their comparability with current year figures.

S. Use of Estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, re venues and expenditures/expenses du ring the reporting period. Actual results could differ from those estimates.
63 145 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

1. SUMMARY OF SIGNFICANT ACCOUNTING POLICIES, Continued T. Budgetary Policies
The City follows these procedures in establishing the budgetary data reflected in the financial statements:
(a) Public meetings are conducted to obtain public comments. The City Council annually adopts the budget for the ensuing fiscal year prior to July 1st.
(b) Legally adopted budgets and formal budgetary integration is employed as a management control device during the year for all Governmental, Proprietary and Fiduciary fund types. (c) Budgets for the General, Special Revenue, Capital Project, and Debt Service Funds are adopted on a basis consistent with accounting principles generally accepted in the United States of America (GAAP).
(d) Under Article XIII B of the California Constitution (the Gann Spending Limitation Initiative), the City is restricted as to t he amount of annual a p propriations from the proceeds of taxes, and if proceeds of taxes exceed allowed appropriations, the excess must either be refunded to the State Controller, returned to the taxpayers through revised tax rates or revised fees schedules, or an excess in one year may be offset against a deficit in the following year. For the fiscal year ended June 30, 2023 based on the calculations by City Management, proceeds of taxes did not exceed the appropriations limit.
(e) Budgeted revenue and expenditure amounts represent the original budget modified by adjustments authorized during the year.
(f) Appropriations, except for those encumbered under purchase orders, lapse at the end of the fiscal year. Encumbered amounts are then carried over for the coming year. (g) Budgeted appropriations for the various governmental funds become effective each July 1. The City Council may amend the budget during the fiscal year. The legal leve l of budgetary control has been established at the fund level.
(h) Budgets are adopted on a basis consistent with generally accepted accounting principles (GAAP) for all governmental funds.
64 146 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

1. SUMMARY OF SIGNFICANT ACCOUNTING POLICIES, Continued U. Fair Value Measurements
Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The City categorizes its fair value measurements within the fair value hierarch y established by generally accepted accounting principles. The fair value hierarchy categorizes the inputs to valuation techniques used to measure fair value into three levels based on the extent to which inputs used in measuring fair value are observable in the market.

Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities.

Level 2 inputs are inputs – other than quoted prices included within level 1 – that are observable for an asset or liability, either directly or indirectly.

Level 3 inputs are unobservable inputs for an asset or liability.

If the fair value of an asset or liability is measured using inputs from more than one level of the fair value hierarchy, the measurement is considered to be based on the lowest priority level input that is significant to the entire measurement.

V. Loans Receivable – Related Parties
The City routinely loans funds to employees, including to the former City Manager, for the purchase of a primary residence within the City limits. Amounts range from $65,000-$200,000. The interest rate on these loans is set at the Local Agency Investment Fund (LAIF) interest rate. At June 30, 2023, eight such loans were outstanding for an amount totaling $1,089,122 owed to the City. Loans must be paid off within 15 years, or earlier if one of the following occurs: a) Six months following termination of the employee's employment with the City, b) three months following the employee no longer living at the residence.

During the fiscal year, the City made three new loans totaling $385,000, and employees paid $46,271 in principal.

W. New Pronouncements
The City adopted new accounting standards in order to conform to the following Governmental Accounting Standards Board Statements:
¾ GASB Statement No. 91, Conduit debt – The primary objectives of this Statement are to provide a single method of reporting conduit debt obligations by issuers and eliminate diversity in practice associated with (1) commitments extended by issuers, (2) arrangements associated with conduit debt obligations, and (3) related note disclosures. The requirements of this statement did not apply to the City in the current fiscal year.
¾ GASB Statement No. 94, Public-Private and Public-Public Part nerships and Availability Payment Arrangements – The primary objective of this Statement is to improve financial reporting by addressing issues related to public-private and public-public partnership arrangements (PPPs).

The requirements of this statement did not apply to the City in the current fiscal year. 65 147 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

1. SUMMARY OF SIGNFICANT ACCOUNTING POLICIES, Continued W. New Pronouncements, Continued
¾ GASB Statement No. 96, Subscription-Based Information Technology Arrangements – This Statement provides guidance on the accounting and financ ial reporting for subscription-based information technology arrangements (SBITAs) for government end users (governments). In implementing this statement, the City considered all software subscriptions, set a threshold of $75,000 for recognition of a liability, restated the beginning balances of capital assets and long-term debt, and recorded a liability for three software subscriptions. See Note 4 – Capital Assets and Note 5 – Long- term Debt, for more detail.

2. CASH AND INVESTMENTS
The City pools cash from all sources and all funds, except certain specific investments within funds and cash with fiscal agents, so that it can be invested at the maximum yield, consistent with safety and liquidity, while individual funds can make expenditures at any time.

The City and its fiscal agents invest in individual investments and in investment pools. Individual investments are evidenced by specific identifiable piec es of paper called securities instruments, or by an electronic entry registering the owner in the records of the institution issuing the security, called the book entry system. Individual investments are generally made by the City’s fiscal agents as required under its debt issues. In order to maximize security, the City employs the Trust Department of a bank as the custodian of all City managed investments, regardless of their form.

The City’s investments are carried at fair value, as required by generally accepted accounting principles.

The City adjusts the carrying value of its investments to reflect their fair value at each fiscal year end.

A. Classification
Cash and investments are classified in the financial statements as shown below, based on whether or not their use is restricted under the terms of City debt instruments or agency agreements. 66 148 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

2. CASH AND INVESTMENTS, Continued
Cash and investments as of June 30, 2023, consisted of the following:

Cash and investments with original maturities of three months or less are treated as cash and equivalents for the purpose of preparing Proprietary Fund statements of cash flows. Also, each Proprietary Funds’ p o r t i o n o f t h e C i t y ’ s o v e r a l l c a s h a n d i n v e s t m e n t p o o l i s t r e a t e d a s c a s h a n d e q u i v a l e n t s s i n c e t h e s e amounts are in substance demand deposits.

B. Investments Authorized by the California Go vernment Code and the City’s Investment Policy Investments are reported at fair value. California statut es authorize cities to invest idle or surplus funds in a variety of credit instruments as provided for in the California Governme nt Code, Section 53600, Chapter 4 – Financial Affairs. The table below identifies the investment types that are authorized for the City by the California Government Code (or the City’s investment policy, where more restrictive) that address interest rate risk, and concentration of credit risk.

During the year ended June 30, 2023, the City’s permissible investments included the following instruments:

Amount
Statement of Net Position
Cash and investments 231,468,901$
Restricted cash and investments held by fiscal agents 2,078,584 Total cash and investments in primary government 233,547,485$ Statement of Fiduciary Net Position
Cash and Investments
Private Purpose Trust Funds 1,323,606
Custodial Funds 633,428
Restricted cash investments held by fiscal agents 263
Total cash and investments in fiduciary funds 1,957,297 Total cash and investments 235,504,782$
67 149 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

2. CASH AND INVESTMENTS, Continued
B. Investments Authorized by the California Go vernment Code and the City’s Investment Policy, Continued
The City complied with the provisions of California Government Code (or the City’s investment policy, where more restrictive) pertaining to the types of investments held, institutions in which deposits were made and security requirements. Th e City will continue to monitor compliance with applicable statutes pertaining to public deposits and investments.

C. Interest Rate Risk
Interest rate risk is the risk that changes in market interest rates which will adversely affect the fair value of an investment. Normally, the longer the maturity of an investment, the greater the sensitivity of its fair value is to changes in market interest rates. As a means of limiting its exposure to fair value losses arising from rising interest rates, one of the ways the City manages its exposure to interest rate risk is by purchasing a combination of shorter and longer term investments. This allows the City to time cash flows from maturities so that a portion of the portfolio is maturing or coming close to maturing evenly over time as necessary to provide the cash flow and liquidity needed for operations. The City also manages its interest rate risk by holding most investments to maturity, thus reversing unrealized market gains and losses.

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

The City’s investments in U.S. Treasuries, U.S. Agencies, and municipal bonds had a weighted average maturity of 2.2 years at June 30, 2023.
68 150 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

2. CASH AND INVESTMENTS, Continued
C. Interest Rate Risk, Continued
The City is a participant in the Local Agency Invest ment Fund (LAIF) that is regulated by California Government Code Section 16429 under the oversight of the Treasurer of the State of California. LAIF management calculates the fair value and cost of th e entire LAIF pool. The City adjusts its cost basis invested in LAIF to fair value based upon this factor . The City’s investments with LAIF at June 30, 2023, include a portion of the pool funds invested in Structured Notes and Asset-Backed Securities. These investments include the following:

Structured Notes – are debt securities (other than asset-backed securities) whose cash flow characteristics (coupon rate, redemption amount, or stated maturity) depend upon one or more indices and/or have embedded forwards or options.

Asset-Backed Securities – the bulk of which are mortgage-backed securities, entitle their purchasers to receive a share of the cash flows from a pool of assets such as principal and interest repayments from a pool of mortgages (such as Collateralized Mortgage Obligations) or credit card receivables.

As of June 30, 2023, the City had $32,904,265 invested in LAIF, which had invested 2.78% of the pool investment funds in Structured Notes and Asset-Backed Securities as compared to 1.88% in the previous year. The LAIF fair value factor of 0.984828499 was us ed to calculate the fair value of the investments in LAIF.

The City invests in the San Mateo County Pooled Investment Fund (SMCPIF), an external investment pool. The pool determines fair value on its investme nt portfolio based on mark et quotations for those securities where market quotations are readily available, and valuations are based on amortized cost or best estimate for those securities where market va lue is not readily available. The responsibility for managing the SMCPIF resides with the County Treasurer. The County Board of Supervisors, in consultation with the Treasurer, establishes an eight-member County Treasury Oversight Committee pursuant to California Government Code Section 2 7130. The investment program is supervised within the guidelines set forth in the investment policy de veloped by the Treasurer, reviewed and approved annually by the County Treasury Oversight Committee and the County Board of Supervisors.

The SMCPIF fair value factor is determined by dividing all SMCPIF participants’ total aggregate fair value by total aggregate amortized cost resulting in a factor of 0.9715. The financial statements for the San Mateo County are available in the San Mateo County website at www.co.sanmateo.ca.us.

D. Fair Value Hierarchy
The City categorizes its fair value measurements within the fair value hierarchy established by generally accepted accounting principles. The hierarchy is based on the valuation inputs used to measure fair value of the assets. Level 1 inputs are quoted prices in an active market for identical assets; Level 2 inputs are significant other observable inputs; and Level 3 inputs are significant unobservable inputs. 69 151 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

2. CASH AND INVESTMENTS, Continued
D. Fair Value Hierarchy, Continued
The following is a summary of the fair value hierarchy of the fair value of investments of the City as of June 30, 2023:

Federal Agency Securities, classified in Level 2 of the fair value hierarchy, are valued using a quoted price in a non-active market for an identical asset. Munici pal Bonds, classified in Level 2 of the fair value hierarchy, are valued using yield to maturity quoted price. These prices are obtained from various pricing sources by the custodian bank. The California Local Agency Investment Fund (LAIF) and San Mateo County Investment Pool are classified as exempt in the fair value hierarchy, as they are valued at amortized cost, which is exempt from being classified under GASB 72. Fair value is defined as the quoted market value on the last trading day of the period. These prices are obtained from various pricing sources by the custodian bank.

Investments by Fair Value Level: Level 2 Total
U.S. Treasuries & Agencies 69,095,792$ 69,095,792$ Municipal Bonds 24,859,327 24,859,327
Certificate of Deposit 476,135 476,135
Money Market Mutual Fund 914,885 914,885
Totals 95,346,139$ 95,346,139
Investments Measured Using Fair Value Factor:

Local Agency Investment Fund (LAIF) 32,904,265
San Mateo County Investment Pool 42,338,198
Totals 75,242,463
Total Investments 170,588,602$
70 152 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

2. CASH AND INVESTMENTS, Continued
E. Credit Risk
Credit risk is the risk that an issuer of an investment will not fulfill its obligation to the holder of the investment. This is measured by the assignment of a rating by a nationally recognized statistical rating organization. As disclosed in Note 2B, State law and the City’s investment Policy limit the City’s investments to certain minimum credit ratings. Minimal credit ratings are also established by the bond indentures in the case of cash and investments held by fiscal agents. Presented below is the actual rating as of June 30, 2023, for each investment type as provided by Moody’s investment rating system:

Investment Type Aaa Aa1 Aa2 Aa3 Total
U.S. Government Agencies 1,034,678$ -$ -$ -$ 1,034,678$ U.S. Treasury Notes 64,361,274 - - - 64,361,274 Municipal Bonds 2,705,480 2,813,400 11,880,541 3,685,715 21,085,136 Totals 68,101,432 2,813,400 11,880,541 3,685,715 86,481,088 Not Rated:

U.S. Treasury Notes 3,699,840
Municipal Bonds
1 3,774,191
Money Market Funds 914,885
Certificate of Deposit 476,135
Local Agency Investment Fund (LAIF) 32,904,265
San Mateo County Investment Pool 42,338,198
Total Investments 170,588,602$
1 S&P ratings for these bonds range from AA- to AA
71 153 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

3. TRANSFERS AMONG FUNDS
A. Transfers Among Funds
With Council approval, resources may be transferred from one City fund to another. Transfers between funds during the fiscal year ended June 30, 2023, were as follows:

General Fund
Transfers from the General Fund to all funds except Wastewater and $1,719,625 to the non-major governmental funds were to support budgeted capital projects. The pu rpose of transferring $1,719,625 from the General Fund to the Non-Major Governmental Funds was to make payments on long-term debt.

The transfer from the General Fund to the Wastewat er Fund was to return unused monies previously contributed by the Wastewater Fund to the General Fund for capital projects.

Transfers to the General Fund from the CityNet Fund were to fund debt service expenditures and return unused monies previously contributed by the Genera l Fund to the CityNet Fund for capital projects.

Transfers to the General Fund from the Parks and Facilities Fund were to return unspent monies on capital projects, and transfers from non-major governmental funds to the General Fund were to augment various City services such as street maintenance and police.

Parks and Facilities and Technology Capital Improvement Fund Transfers into the Parks and Facilities and Technology fund were for capital projects. Transfers out to the non-major governmental funds from the Parks and Facilities and Technology fund were to support capital projects.

Parks and Non-Major
General Facilities an d Governmental
Transfers Out Fund Technology Funds Water Stormwater Wastewater CityNet Total Major Funds:

General Fund - $ 9,039,287$ 9,951,034 $ 457,100$ 110,000$ 1,207,882$ 95,399 $ 20,860,702$ Developer Agreements and
Impact Fees - 2,000,000 42,765 - - - 2,042,765 Parks and Facilities 1,258,320 - 541,618 - - - - 1,799,938 Non-Major Governmental Funds 1,249,782 1,098,044 3,533,789 - - - - 5,881,615 Major Enterprise Funds:

Water - 940,000 - - - - - 940,000 Wastewater - 580,000 - - - - - 580,000 CityNet 420,105 25,000 - - - - 445,105 Total 2,928,207$ 13,682,331$ 14,069,206 $ 457,100 $ 110,000$ 1,207,882$ 95,399 $ 32,550,125$ Transfers In
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City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

3. TRANSFERS AMONG FUNDS, Continued
B. Interfund Advances
During fiscal year 2016, the General Fund loaned the CityNet Services Enterprise Fund (CityNet) $1,170,000 for a Fiber to Home project at the Shelter Creek Condominiums. The advance accrues interest at a 0.525% annual interest rate for seven years. In the fiscal year ended June 30, 2023, CityNet paid off the remaining balance.

For multiple fiscal years, CityNet has had a negative cash balance. The City is developing a plan to reduce the net operating loss and repay the General Fund the balance due. At June 30, 2023, the cash balance due to the General Fund was $16,036,799.

C. Interfund Balances
Interfund balance arise in normal course of business. Amounts due to and due from other Funds reflect interfund balances for services rendered or short-term loan expected to be repaid in the next fiscal year.

At June 30,2023, interfund balances comprised the following:

Fund Receiving Advance Fund Making Advance
Amount of
Advance
City Net Services Enterprise Fund General Fund 16,036,799$ Stormwater Enterprise Fund General Fund 642,426
Total 16,679,225$
73 155 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

4. CAPITAL ASSETS
A. Capital Asset Additions and Retirements
Governmental activities capital assets as of June 30, 2023 comprise:

Balance
July 1, 2022,
as restated Additions Deletions Transfers
Balance
June 30, 2023
Governmental Activities
Capital assets not being depreciated:

Land 4,649,235$ -$ -$ -$ 4,649,235$ Construction in progress 20,773,221 24,445,419 - (2,742,432) 42,476,208 Total capital assets not being depreciated 25,422,456 24,445,419 - (2,742,432) 47,125,443 Capital assets being depreciated:

Buildings and improvements 16,868,309 - - 168,044 17,036,353 Machinery, improvements and equipment 19,234,540 486,605 (48,125) - 19,673,020 Infrastructure 100,982,550 - - 2,574,388 103,556,938 Right to use-Software 280,502 690,702 - - 971,204 Total capital assets being depreciated, as restated 137,365,901 1,177,307 (48,125) 2,742,432 141,237,515 Less accumulated depreciation for:

Buildings and improvements (10,221,900) (524,039) - - (10,745,939) Machinery, improvements and equipment (13,533,945) (1,031,401) 48,125 - (14,517,221) Infrastructure (56,267,824) (2,142,804) - - (58,410,628) Right to use-Software - (320,026) - - (320,026) Total accumulated depreciation (80,023,669) (4,018,270) 48,125 - (83,993,814) Net capital assets being depreciated 57,342,232 (2,840,963) - 2,742,432 57,243,701 Governmental Activities capital assets, net 82,764,688$ 21,604,456$ -$ -$ 104,369,144$ 74 156 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

4. CAPITAL ASSETS, Continued
A. Capital Asset Additions and Retirements, Continued
Business-type activities capital assets as of June 30, 2023 comprise:

B. Depreciation Allocation
Depreciation expense is charged to functions and programs based on their usage of the related assets.

The amounts allocated to each function or program are as follows:

Balance
July 1, 2022 Additions Deletions Transfers
Balance
June 30, 2023
Business-type activities:

Capital assets not being depreciated:

Land 576,842$ -$ -$ -$ 576,842$ Construction in progress 9,726,495 8,445,685 - - 18,172,180 Total capital assets not being depreciated 10,303,337 8,445,685 - - 18,749,022 Capital assets being depreciated:

Buildings and improvements 108,236,520 - - 108,236,520 Machinery, improvements and equipment 33,488,560 269,065 - - 33,757,625 Sewer plant 29,557,060 1,490,644 - - 31,047,704 Total capital assets being depreciated 171,282,140 1,759,709 - - 173,041,849 Less accumulated depreciation for:

Buildings and improvements (33,523,796) (3,016,291) - - (36,540,087) Machinery, improvements and equipment (27,320,300) (971,559) - - (28,291,859) Sewer Plant (18,151,249) (1,065,557) - - (19,216,806) Total accumulated depreciation (78,995,345) (5,053,407) - - (84,048,752) Net capital assets being depreciated 92,286,795 (3,293,698) - - 88,993,097 Business-type activity capital assets, net 102,590,132$ 5,151,987 $ -$ -$ 107,742,119$ 75 157 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

4. CAPITAL ASSETS, Continued
B. Depreciation Allocation, Continued

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

A. The City’s Long-Term Debt
The following is a summary of long-term debt transactions for the year ended June 30, 2023:
76 158 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

5. LONG-TERM DEBT, Continued
A. The City’s Long-Term Debt, Continued
B. Governmental Activities
2013 Pension Obligation Bonds
In January 2013, the City issued $13,175,000 in Series 2013 Pension Obligation Bonds in order to pay off amounts owed for the City’s CalPERS “side-fund.” Principal payments are due annually on June 1 while interest payments are due semi-annually on June 1 and December 1. True interest cost is 4.05%.

The Pension Obligation Bond debt represents a refunding of a debt that the City owed to CalPERS. The issuance of the Pension Obligation Bonds reduced the interest rate on this debt from 7.5% to just over 4%.

The debt service payments are funded through savings achieved in the City’s employer contribution rate, which decreased from 36.604% to 24.706% after the payoff of the side fund. Payments are made out of the debt service fund.

The Bonds are payable from any source of legally available funds of the City. The bond covenants contain events of default that require the revenue of the City to be applied by the Trustee as specified in the terms of the agreement if any of the following conditions occur: default on debt service payments; the failure of the City to observe or perform the conditions, covenants, or agreement terms of the debt; bankruptcy filing by the City; or if any court or competent juri sdiction shall assume custody or control of the City.

During fiscal year 2022-23, the City made principal and interest payments totaling $970,000 and $207,175, respectively. The bonds mature on June 1, 2027.
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City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

5. LONG-TERM DEBT, Continued
B. Governmental Activities, Continued
The annual debt service requirement on the 2013 Pension Obligation Bonds is as follows:

Direct Borrowings
2018 Router Equipment
In October 2018, the City entered into a $1,630 ,339 capital lease-purchase agreement with Key Government Finance, Inc., to purchase router equipment for the Cable Enterprise Fund. Principal payments are due annually on November 26 with an interest rate of 3.75%. The debt payments are made by the General Fund until the Cable Fund recognizes adequate revenue to pay for the annual lease- purchase payments. During fiscal year 2022-23, the City made principal and interest payments totaling $339,090 and $12,937, respectively. The lease-purchase agreement was paid in full on November 26, 2022.
2022 Fire Pumper Truck
In June 2022, the City entered into a $1,600,000 capital lease-purchase agreement with Western Alliance Equipment Finance, Inc., to purchase two fire pumper trucks. Principal payments are due semi-annually on December 1 and June 1 with an interest rate of 3.35%. The debt payments are made by the debt service fund. The first payment on the debt was in December 1, 2022, and will be paid in full on June 1, 2032.

During fiscal year 2022-23, the City made principal and interest payments totaling $137,156 and $51,567, respectively
78 160 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

5. LONG-TERM DEBT, Continued
B. Governmental Activities, Continued
The annual debt service requirement on the 2022 fire pumper trucks borrowing is as follows:

Subscription Based Information Technology Arrangements (SBITAs) City of San Bruno implemented GASB 96 during the year on subscription contracts with NeoGov, Microsoft Office and Axon enterprises, for HR, government-wide, and police software, respectively.

In October 2022, City entered into multiyear agre ement with NeoGov, for HR related services. The contract with NeoGov expires on 09/2024. The City made subscription payments of $98,557 in 2023.

City has a multiyear contract with a Microsoft vendor for Microsoft Office 365 that ends 09/2024. The City paid $56,301 for access to the software applications in the current fiscal year.

In November 2022, City entered into multiyear agreements with Axon enterprises for police camera software, and cloud storage expiring on 10/2027. The City paid $151,652 in 2023 to Axon for this technology.

The future payments on the aforementioned SBITA liabilities were as follows:

For The Year
Ending June 30 Principal Interest Total
2024 $ 141,790 $ 47,828 $ 189,618
2025 146,580 43,038 189,618
2026 151,531 38,086 189,617
2027 156,650 32,967 189,617
2028 161,942 27,676 189,618
2029-2033 704,351 54,119 758,470 Total 1,462,844$ 243,714 $ 1,706,558 $
2022 Fire Pumper Trucks Obligation
79 161 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

5. LONG-TERM DEBT, Continued
C. Business-Type Activities
2017 Water Revenue Bonds
In December 2017, the San Bruno Public Financing Authority issued $11.62 million of Series 2017 Water Revenue Bonds to finance the construction of certain improvements to the Water System. Principal payments commenced on July 1, 2018 and are payable annually on July 1. Interest payments are payable on July 1st and January 1st of each year.

The Bonds are payable solely from the Net Revenues of the Water System. The bond covenants contain events of default that require the revenue of the City to be applied by the Trustee as specified in the terms of the agreement if any of the following conditions occur: default on debt service payments; the failure of the City to observe or perform the conditions, covenants, or agreement terms of the debt; bankruptcy filing by the City; or if any court or competent juri sdiction shall assume custody or control of the City.

During fiscal year 2022-23, the City made principal and interest payments totaling $230,000 and $448,250, respectively. The bonds mature on July 1, 2047.

The annual debt service requirement on the bonds is as follows:

For the Year
Ending June 30 Principal Interest Total
2024 $ 240,000 $ 438,850 $ 678,850 2025 250,000 427,800 677,800
2026 260,000 415,050 675,050
2027 275,000 401,675 676,675
2028 290,000 387,550 677,550
2029-2033 1,680,000 1,699,500 3,379,500
2034-2038 2,085,000 1,292,600 3,377,600
2039-2043 2,500,000 866,000 3,366,000
2044-2047 3,040,000 313,400 3,353,400
Subtotal 10,620,000 6,242,425 16,862,425
Plus Premium 1,038,870 - 1,038,870 Total 11,658,870$ 6,242,425 $ 17,901,295 $
2017 Water Revenue
80 162 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

5. LONG-TERM DEBT, Continued
C. Business-Type Activities, Continued
2017 Wastewater Revenue Bonds
In December 2017, the San Bruno Public Financing Authority issued $24.47 million of Series 2017 Wastewater Revenue Bonds to finance the construction of certain improvements to the Wastewater System. Principal payments commenced on July 1, 2018 and are payable annually on July 1. Interest payments are payable on July 1st and January 1st.

The Bonds are payable solely from Net Revenues of the Wastewater System. The bond covenants contain events of default that require the revenue of the City to be applied by the Trustee as specified in the terms of the agreement if any of the following conditions occur: default on debt service payments; the failure of the City to observe or perform the conditions, covenants, or agreement terms of the debt; bankruptcy filing by the City; or if any court or competent juri sdiction shall assume custody or control of the City.

During fiscal year 2022-23, the City made principal and interest payments totaling $485,000 and $944,350, respectively. The bonds mature on July 1, 2047.

The annual debt service requirement on the bonds is as follows:

For the Yea r
Ending June 30 Principal Interest Total
2024 $ 505,000 $ 924,550 $ 1,429,550 2025 525,000 901,325 1,426,325 2026 550,000 874,450 1,424,450 2027 580,000 846,200 1,426,200 2028 610,000 816,450 1,426,450 2029-2033 3,530,000 3,581,750 7,111,750 2034-2038 4,395,000 2,724,700 7,119,700 2039-2043 5,270,000 1,825,600 7,095,600 2044-2047 6,410,000 661,000 7,071,000 Subtotal 22,375,000 13,156,025 35,531,025
Plus Premium 2,188,347 - 2,188,347 Total 24,563,347$ 13,156,025 $ 37,719,372 $
2017 Wastewater Revenue
81 163 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

5. LONG-TERM DEBT, Continued
C. Business-Type Activities, Continued
2013 Wastewater Revenue Refunding Bonds
In August 2013, the City paid off the remaining ba lance of $7.56 million of 2002 Certificates of Participation by placing the proceeds of new 2013 Wastewater Revenue Refunding Bonds in an irrevocable trust to provide for all future debt service payments on the old bonds. All of the amounts held in the escrow fund were applied to pay the prepayment price of the 2002 certificates and, therefore, the 2002 Certificates of Participation were paid-off as of June 30, 2014.

During fiscal year 2022-23, the City made principal and interest payments totaling $335,000 and $204,263 respectively. The bonds mature on July 1, 2032.

The annual debt service requirement on the bonds is as follows:
82 164 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

5. LONG-TERM DEBT, Continued
C. Business-Type Activities, Continued
City of South San Francisco Sewer Plant Agreement
The City entered into a joint-ownership agreement with the City of South San Francisco (SSF) to operate a water quality control plant and appurtenant facilities to service both communities. The agreement was entered into in January 1947 and has numerous subs equent amendments that detail various aspects in sharing the capital investment (including related debt service) and operating expenses related to the joint sewage plant. Operating costs of the enterprise are shared in accordance with a formula and division of operation and maintenance cost set forth in an agreement dated April 3, 1972. The most recent arrangement indicates that the City shares in 25.82% of the plant capacity. There are no separately issued financial statements for this agreement.

To finance the expansion of the water quality control plant, the State Water Resources Control Board issued loans directly to SSF totaling $81,253,444 ($8. 8 million in October 1994 , $50.6 million in August 2003 and $21.9 million in April 2007). Loan proceeds were disbursed as the projects progressed and debt service payments commenced one year after project completion. As a result of the joint ownership agreement, the City is obligated to SSF for its portion of the loans. The City’s portion that was financed through this agreement totaled $19,170,177 payable over a 25-year period. During fiscal year 2022-23, the City made principal and interest payments totaling $5 74,610, and $14,940, respectively. The loan issued in 2003 was paid in full on August 1, 2022. No paymen ts were made on the 2007 loan issued in the fiscal year 2022-23. The 2007 loan will be paid in full on April 30, 2026.

The City’s annual debt service requirements on the loan are as follows:
83 165 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

5. LONG-TERM DEBT, Continued
D. Fiduciary Funds
The following is a summary of the Redevelopmen t Obligation Retirement Fund’s long-term debt transactions for the year ended June 30, 2023:
2019 Lease Revenue Bonds
In 2000, the City issued City of San Bruno Certific ates of Participation, Series 2000 (Police Facility Financing) in the original principal amount of $9,600 ,000 to fund the construction of the Police Facility.

In March 2019, the City paid off the remaining balance of $6 million of the 2000 Certificates of Participation by placing the proceeds of the new Lease Revenue Bonds in an irrevocable trust to provide for all future debt service payments on the old bonds. All of the amounts held in the escrow fund were applied to pay the prepayment price of the 2000 Certificates and, therefore, the 2000 Certificates of Participation were paid off as of June 30, 2019.

Principal payments are due annually on May 1 and interest payments are du e semi-annually on May 1 and November 1. Interest rates range from 4.00% to 5.00%. During fiscal year 2022-23, the City made principal and interest payments totaling $350,000, and $158,050, respectively.

The Bonds are payable from any source of available funds of the City. The bond covenants contain events of default that require the revenue of the City to be applied by the Trustee as specified in the terms of the agreement if any of the following conditions occur: default on debt service pa yments; the failure of the City to observe or perform the conditions, covenants, or agreement terms of the debt; bankruptcy filing by the City; or if any court or competent jurisdiction shall assume custody or control of the City.

For the Year
Ending June 30 Principal Interest Total
2024 365,00 0$ 144,050$ 509,050$
2025 375,000 129,450 504,450
2026 395,000 114,450 509,450
2027 410,000 98,650 508,650
2028 430,000 82,250 512,250
2029-2033 1,390,00 0 136,550 1,526,550
Subtotal 3,365,00 0 705,400 4,070,400
Add Premium 419,37 6 - 419,376
Total 3,784,376$ 705,400$ 4,489,776$
2019 Lease Revenue Bonds
84 166 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

6. NET POSITION AND FUND BALANCES
Net Position is measured on the full accrual basis while Fund Balance is measured on the modified accrual basis.

A. Net Position
Net Position is the excess of all the City’s assets and deferred outflows, if any, over all its liabilities and deferred inflows, if any, regardless of fund. Net Po sition is divided into three captions. These captions apply only to Net Position, which is determined on ly at the Government-wide level, and are described below:

Net Investment in Capital Assets describes the portion of Net Position which is represented by the current net book value of the City’s capital assets, less the outstanding balance of any debt issued to finance these assets.

Restricted describes the portion of Net Position which is restricted as to use by the terms and conditions of agreements with outside parties, governmental regulations, laws, or other restrictions which the City cannot unilaterally alter.

Unrestricted describes the portion of Net Position which is not restricted to use.

B. Fund Balances
The City’s fund balances are classified in accordance with Governmental Accounting Standards Board Statement Number 54 (GASB 54), Fund Balance Repo rting and Governmental Fund Type Definitions, which requires the City to classify its fund balances based on spending constraints imposed on the use of resources. For programs with multiple funding sources, the City prioritizes and expends funds in the following order: Restricted, Committed, Assigned, and Unassigned. Each category in the following hierarchy is ranked according to the degree of spending constraint:

Nonspendables represents balances set aside to indicate it ems that do not represent available, spendable resources even though they are a component of assets. Fund balances required to be maintained intact, such as Permanent Funds, and assets not expected to be converted to cash, such as prepaids, notes receivable, and land held for resale are included. However, if proceeds realized from the sale or collection of nonspendable assets are restricted, committed or assigned, then Nonspendable amounts are required to be presented as a component of the applicable category.

Restricted fund balances have external restrictions impo sed by creditors, grantors, contributors, laws, regulations, or enabling legislation which requires the resources to be used only for a specific purpose.

Nonspendable amounts subject to restrictions are included along with spendable resources.

Committed fund balances have constraints imposed by resolution of the City Council which may be altered only by resolution of the City Council. Nonspe ndable amounts subject to council commitments are included along with spendable resources.
85 167 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

6. NET POSITION AND FUND BALANCES, Continued
B. Fund Balances, Continued
Assigned fund balances are amounts constrained by the City’s intent to be used for a specific purpose but are neither restricted nor committed. Intent is expres sed by the City Council or its designee and may be changed at the discretion of the City Council or its designee. This category includes encumbrances; Nonspendables, when it is the City’s intent to use proceeds or collections fo r a specific purpose, and residual fund balances, if any, of Special Revenue, Capital Projects and Debt Service Funds which have not been restricted or committed. Through a Council Resolution, the City Council has designated the City Manager to determine the amount of assigned fund balances.

Unassigned fund balance represents residual amounts that have not been restricted, committed, or assigned. This includes the residual General Fund balance and residual fund deficits, if any, of other governmental funds.

C. Spending Order Policy
When an expenditure is incurred for purposes for which both restricted and unrestricted fund balance is available, the City considers restricted funds to have been spent first. When an expenditure is incurred for which committed, assigned, or unassigned fund balances are available, the City considers amounts to have been spent first out of committed funds, then assigned funds, and finally unassigned funds, as needed, unless the City Council has provided otherwise in its commitment or assignment actions.

D. Encumbrances
The City uses an encumbrance system as an extension of normal budgetary accounting for governmental funds. Encumbrance accounting is utilized to the exte nt necessary to ensure effective budgetary control and accountability and to facilitate effective cash planning and control. Unexpended appropriations lapse at year-end and must be re-appropriated in the following year. At year end, the amount of encumbrances expected to be honored upon performance by the vendor in the next year were as follows:
86 168 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

6. NET POSITION AND FUND BALANCES, Continued
E. Fund Balance Classifications
Detailed classifications of the City’s fund balance, as of June 30, 2023, are below:

The City established a reserve policy in January 2013 by resolution. The policy, based on a risk analysis specific to the City and other considerations such as the size of the City, budget practices, and debt levels, establishes targeted levels for the General Fund Rese rve (25% of budgeted expenditures), General Fund Contingency (minimum $1,500,000) and Capital Impr ovement/One-Time Initiative Reserve (minimum $5,000,000). The actual reserve levels are adopted by resolution with each annual budget, or as recommended by the Finance Director based upon an update of the City’s fiscal needs. As the City Council and management can only use reserves for purposes consistent with the purposes described in the policy, these reserve amounts are reported as assignments of the General Fund’s balance.

Fund Balance Classifications
General
Fund
Developer
Agreements
and Impact
Fees
Parks and
Facilities and
Technology
Capital
Improvement
Fund
Other
Governmental
Funds Total
Nonspendables:

Advances to other funds 16,679,225 $ - $ - $ - $ 16,679,225$ Total Nonspendable Balances 16,679,225 - - 16,679,225 Restricted for:

Disaster recovery - - - 13,261 13,261 Special Revenue Programs - 29,979,441 - 9,557,821 39,537,262 Capital Projects - - 18,645,987 17,027,771 35,673,758 Total Restricted Fund Balances - 29,979,441 18,645,987 26,598,853 75,224,281 Assigned to:

General Fund Reserve 3,000,919 - - - 3,000,919 General Fund Contingency 6,644,353 - - - 6,644,353 Emergency Disaster Reserve 2,857,478 - - - 2,857,478 Capital Improvement/One-Time
Initiative Reserve - 24,713,580 - - 24,713,580 Encumbrances 3,408,146 - - - 3,408,146 Total Assigned Fund Balances 15,910,896 24,713,580 - - 40,624,476 Unassigned 7,436,975 - (8,014,854) (1,485,946) (2,063,825) Total Unassigned Fund Balances 7,436,975 - (8,014,854) (1,485,946) (2,063,825) Total Fund Balances 40,027,096$ 54,693,021 $ 10,631,133 $ 25,112,907 $ 130,464,157 $ 87 169 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

6. NET POSITION AND FUND BALANCES, Continued
E. Fund Balance Clas sifications, Continued
The General Fund Reserve can only be utilized through resolution of the City Council. Appropriations of these funds are reserved for the following situations: A decrease in revenues in excess of 5% of total budgeted General Fund revenues within one year, the loss of revenues from another government entity, and one-time, non-recurring initiatives of the City Council deemed of significant importance to the City.

The balance at June 30, 2023 was $3,000,919.

The General Fund Contingency Reserve can be utilized through resolution for a budget appropriation deemed appropriate by City Council. The balance at June 30, 2023 was $6,644,353.

The Emergency Disaster Reserve is intended to be utilized in the event of a declaration of emergency that requires the expenditure of funds outside of the adopted budget. The Emergency Disaster Reserve can only be utilized through resolution of the City Coun cil declaring an emergency. Upon such declaration, it would be the intent of the City to utilize the Emer gency Disaster Reserve for all costs associated with the City’s response to the emergency situation prior to any other reserve funds. The balance at June 30, 2023 was $2,857,478.

The Capital Improvement/One-Time Initiative Reserve Fund is available for the capital improvement program projects and initiatives of significant importance to the City that have no other dedicated funding source. These projects include improvements to City facilities, parks, and technology. The balance at June 30, 2023 was $24,713,580.

Encumbrances represent commitments related to contracts not yet performed and purchase orders not yet filled. The total encumbrances at June 30, 2023 were $25,547,049.

F. Net Position and Fund Balance Deficits
The City has a deficit net position of $19,820,619 in the CityNet Services Enterprise Fund, which will be funded through additional revenues expected from offering higher margin cable and internet packages and expense reductions. The City also has deficit net positions of $3,113,543 in the Self Insurance Internal Service Fund and $61,399 in Central Garage Internal Service Fund which will be funded by future cost allocations from other funds.

The City has a deficit fund balance of $1,462,060 in the Federal/State Grants Special Revenue Fund, $7,133 in Agency on Aging Special Revenue Fund and $16,753 in General Debt Service Fund. The intent is that the Federal/State Grants and Agency on Aging funds will be funded by future revenues, and that the General Debt Service Fund will be funded by contributions from other funds. 88 170 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

6. NET POSITION AND FUND BALANCES, Continued
G. Excess of Expenditures and Transfers Out Over Appropriations The following expenditures exceeded budgeted amounts for the fiscal year ended June 30, 2023:

7. RISK MANAGEMENT
The City participates in the PLAN JPA, a joint powers authority established to provide liability insurance coverage, claims, risk management, and legal defense to its participating members. PLAN JPA provides $5,000,000 per occurrence of general liability and automobile co verage, $25,000,000 excess liability coverage per occurrence, $5,000,000 of catastrophic liability coverage, an d is responsible for paying the claims in excess of the City’s $100,000 self-insuran ce retention. PLAN JPA also provides for property coverage up to $1 billion per occurrence subject to lower categorical sub-limits in excess of the City’s self- insurance retention of $5,000 or property and vehicle loss.

The retained earnings/net position of the Self-I nsurance Fund, which is categorized as part of Governmental Activities, represent amounts set aside for possible additional losses after providing for actuarially determined liabilities for claims including claims adjustment expenses.

No claim settlement exceeded either this self-insur ed amount or the insurance coverage for any of the past three years. As of June 30, 2023, claims payable are as follows:

Fund/Department
Expenditures/Transfers Out
Exceeding Budget
General Fund:

Public safety 1,168,151$
Public works 17,133
Transfers out 16,488,454
Gas Tax 1,333,529
Measure A Transportation Tax 1,130,000
Measure W Transportation Tax 600,000
Federal/State Grants 1,380,218
89 171 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

8. PUBLIC EMPLOYEES’ RETIREMENT SYSTEM
A. General Information about the Pension Plans and Summary of Balances by Plan The City participates in the following Pension Pl ans (Plans) administered by the California Public Employees Retirement System (CalPERS):

Agent Multiple-Employer Defined Benefit Pension Plans (Miscellaneous Plan) for its Miscellaneous employees.

An agent multiple-employer plan is one in which the assets of the participating government employers are pooled for investment purposes, but separate accounts are maintained for each individual employer.

Cost-Sharing Multiple-Employer Defined Benefit Pension Plan (Safety Plan) for its Safety employees.

A cost-sharing multiple-employer defined benefit pension plan is a plan in which the pension obligations to the employees of more than one employer are p ooled and pension plan assets can be used to pay benefits of the employees of any employer that provides pensions through the plan.

B. Actuarial Assumptions and Discount Rate
Actuarial Assumptions – For the measurement period ended June 30, 2022, the total pension liabilities were determined by rolling forward the June 30, 2021 to tal pension liability. The June 30, 2022 total pension liabilities were based on the following actuarial methods and assumptions:

Valuation Date
Measurement Date
Actuarial Cost Method
Actuarial Assumptions:

Discount Rate
Inflation
Salary Increases
Morality Rate Table(1)
Post Retirement Benefit Increase
All CalPERS Plans
6/30/2021
6/30/2022
Entry-Age Actuarial Cost Method

6.90%

2.30%
Varies by Entry Age and Service
Derived using CalPERS' Membership Data for all Funds
Lesser of Contract COLA or 2.30% until
Purchasing Power Protection Allowance Floor
on Purchasing Power applies, 2.30% thereafter
(1)The mortality table used was developed based on CalPERS-specific data. The probabilities of mortality are based on the 2021 CalPERS Experience Study for the period from 2001 to 2019. Pre-retirement and Post-retirement mortality rates include generational mortality improvement using 80% of Scale MP-2020 published by the Society of Actuaries.

For more details on this table, please refer to the CalPERS Experience Study and Review of Actuarial Assumptions report from November 2021 that can be found on the CalPERS website.
90 172 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

8. PUBLIC EMPLOYEES’ RETIREMENT SYSTEM, Continued
Discount Rate - The discount rate used to measure the to tal pension liability for each Plan as of the measurement date of June 30, 2022 was 6.90%, which differs from the discount rate used as of the measurement date of June 30, 2021, of 7.15%. The projection of cash flows used to determine the discount rate for the Plans assumed that contributions from all plan members in the Public Employees Retirement F u n d ( P E R F ) w i l l b e m a d e a t t h e c u r r e n t m e m b e r c o n t r i b u t i o n r a t e s a n d t h a t c o n t r i b u t i o n s f r o m employers will be made at statutorily required rates, actuarially determined. Based on those assumptions, each Plan’s fiduciary net position was projected to be available to make all projected future benefit payments of current plan members for all plans. Therefore, the long-term expected rate of return on plan investments was applied to all periods of projected benefits payments to determine the total pension liability for each Plan.

The long-term expected rate of return on pension plan investments was determined using a building- block method in which expected future real rates of return (expected returns, net of pension plan investment expense and inflation) are developed for each major asset class.

In determining the long-term expected rate of return, CalPERS took into account both short-term and long-term market return expectations as well as the expected pension fund cash flows. Using historical and forecasted information for all the funds’ asset classes, expected compound (geometric) returns were calculated over the next 20 years using a building-block approach. The expected rate of return was then adjusted to account for assumed administrative expenses.

The table below reflects the long-term expected real rate of return by asset class. 91 173 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

8. PUBLIC EMPLOYEES’ RETIREMENT SYSTEM, Continued
B. Actuarial Assumptions and Discount Rate, Continued
For purposes of measuring the net pension liability and deferred outflows/inflows of resources related to pensions and pension expense, information about the fiduciary net position of the plan and additions to/deductions from the plan’s fiduciary net position have been determined on the same basis as they are reported by CalPERS. For this purpose, benefit paym ents (including refunds of employee contributions) are recognized when due and payable in accordance wi th the benefit terms. Investments are reported at fair value.

Below is a summary of the deferred outflows of resources, net pension liabilities and deferred inflows of resources, and pension expense by Plan:

A summary of the changes in net pension liability by plan type as of June 30, 2022 and June 30, 2023 are as follows:

C. CalPERS Miscellaneous Plan
Plan Descriptions – All qualified permanent and probationary employees are eligible to participate in the City’s Miscellaneous Plan, agent multiple-employer defined benefit pension plan administered by the California Public Employees’ Retirement System (CalPERS), which acts as a common investment and administrative agent for its participating member employers. Benefit provisions under the Miscellaneous Plan are established by State statute and the City’s resolution. CalPERS issues publicly available reports that include a full description of the pension pl ans regarding benefit provisions, assumptions and membership information that can be found on the CalPERS website.

Benefits Provided – CalPERS provides service retirement and disability benefits, annual cost of living adjustments and death benefits to plan members, who must be public employees, and beneficiaries.

Benefits are based on years of credited service, equal to one year of full time employment. Members with five years of total service are eligible to retire at age 50 with statutorily reduced benefits. All members are eligible for non-duty disability benefits after 10 years of service. The death benefit is one of the following:
the Basic Death Benefit, the 1957 Survivor Benefit, or the Optional Settlement 2W Death Benefit. The cost of living adjustments for each plan are applied as specified by the Public Employees’ Retirement Law. 92 174 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

8. PUBLIC EMPLOYEES’ RETIREMENT SYSTEM, Continued
C. CalPERS Miscellaneous Plan, Continued
The Miscellaneous Plan’s provisions and benefits in effect at June 30, 2023, are summarized as follows:

Beginning in fiscal year 2016, CalPERS collects empl oyer contributions for the miscellaneous plan as a percentage of the payroll for the normal cost portion as noted in the rates above and as a dollar amount for contributions toward the unfunded liability. The dollar amounts are billed on a monthly basis or can be prepaid in full no later than July 31. The City’s required contribution for the unfunded liability in the Miscellaneous Plan was $4,211,213 in fiscal year 2023.

Employees Covered – At the measurement date June 30, 2022, the following employees were covered by the benefit terms of the Miscellaneous Plan:

Contributions - Section 20814(c) of the California Public Employees’ Retirement Law requires that the employer contribution rates for all public employers be determined on an annual basis by the actuary and shall be effective on the July 1 following notice of a change in the rate. Funding contributions for the Plan are determined annually on an actuarial basis as of June 30 by CalPERS. The actuarially determined rate is the estimated amount necessary to finance the costs of benefits earned by employees during the year, with an additional amount to finance any unfunded accrued liability. The City is required to contribute the difference between the actuarially determined rate and the contribution rate of employees. 93 175 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

8. PUBLIC EMPLOYEES’ RETIREMENT SYSTEM, Continued
C. CalPERS Miscellaneous Plan, Continued
Net Pension Liability - The City’s net pension liability for the Miscellaneous Plan is measured as the total pension liability, less the pension plan’s fiduciary ne t position. The net pension liability of each of the Miscellaneous Plan is measured as of June 30, 2022, using an annual actuarial valuation as of June 30, 2021 rolled forward to June 30, 2022 using standard update procedures.

Changes in Net Pension Liability – The changes in Net Pension Liability for the Miscellaneous Plan are as follows:

Sensitivity of the Proportionate Share of the Net Pension Liability to Changes in the Discount Rate – The following presents the City’s proportionate share of the net pension liability, as well as what the City’s proportionate share of the net pension liability would be if it were calculated using a discount rate that is one-percentage point lower or one-percentage point higher than the current rate:

Total Pension
Liability
Plan
Fiduciary
Net Position
Net Pension
Liability
(Asset)
Balance at June 30, 2021 (Measurement Date) 158,355,884$ 124,737,375 $ 33,618,509 $ Changes in the year:

Service cost 2,806,527 2,806,527
Interest on the total pension liability 11,107,354 11,107,354 Changes of benefit terms -
Changes in assumptions 5,510,831 5,510,831
Differences between actual and expected experience (100,106) (100,106) Net Plan to plan resource movement -
Contribution - employer 5,379,704 (5,379,704)
Contribution - employee 1,106,909 (1,106,909)
Net investment income (9,370,622) 9,370,622
Benefit payments, including refunds of employee contributions (8,387,442) (8,387,442) - Administrative expense (77,704) 77,704
Other Miscellaneous Income/Expense -
Net changes 10,937,164 (11,349,155) 22,286,319 Balance at June 30, 2022 (Measurement Date) 169,293,048$ 113,388,220 $ 55,904,828 $ Increase (Decrease)
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City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

8. PUBLIC EMPLOYEES’ RETIREMENT SYSTEM, Continued
C. CalPERS Miscellaneous Plan, Continued
Pension Expenses and Deferred Outflows/Inflows of Resources Related to Pensions - For the year ended June 30, 2023, the City recognized pension expense of $7,438,155 for the Miscellaneous Plan. At June 30, 2023, the City reported deferred outflows of resources and defe rred inflows of resources related to pensions from the following sources:

A total of $5,944,790 reported as deferred outflows of resources related to contributions subsequent to the measurement date will be recognized as a reduction of the net pension liability in the year ending June 30, 2024. Other amounts reported as deferred inflows of resources related to pensions will be recognized as a reduction to pension expense (income) as follows:

D. CalPERS Safety Plan
Plan Description - All qualified permanent and probationary employees are eligible to participate in the Public Agency Cost-Sharing Multiple-Employer Defined Benefit Pension Plan (CalPERS Plan) administered by the California Public Employees’ Retirement System (CalPERS). The CalPERS Plan consists of individual rate plans (benefit tiers) withing a miscellaneous risk pool and a safety risk pool.

CalPERS Plan assets may be used to pay benefits for any employer rate plan of the safety and miscellaneous risk pools. Accordingly, rate plans within the safety or miscellaneous pools are not separate plans under GASB Statement No. 68. The City sponsors two rate plans (two safety). Benefit provisions under the Plan are established by State statute and Ci ty resolution. CalPERS issues publicly available reports that include a full description of the pension plan regarding benefit provisions, assumptions and membership information that can be found on the CalPERS website.

Year Ended
June 30
2024 3,034,796 $
2025 2,194,440
2026 378,270
2027 3,581,121
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City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

8. PUBLIC EMPLOYEES’ RETIREMENT SYSTEM, Continued
D. CalPERS Safety Plan, Continued
Benefits Provided - CalPERS provides service retirement and disability benefits, annual cost of living adjustments and death benefits to plan members who must be public employees, and beneficiaries.

Benefits are based on years of credited service, equal to one year of full-time employment. Members with five years of total service are eligible to retire at age 50, with statutorily reduced benefits. All members are eligible for non-duty disability benefits after 10 years of service. The death benefit is one of the following:
the Basic Death Benefit, the 1957 Survivor Benefit, or the Optional Settlement 2W Death Benefit. The cost- of-living adjustments for each plan are applied as specified by the Public Employees’ Retirement Law.

The Safety Plan provisions and benefits in effect at June 30, 2023, are summarized as follows:

CalPERS collects employer contributions for the CalPERS Plan as a percentage of payroll for the normal cost portion as noted in the rates above and as a dollar amount for contributions toward the unfunded liability. The dollar amounts are billed on a monthly basis or can be prepaid in full no later than July 31.

The City’s required contribution for the unfunded liability for the Safety Plan was $4,415,613 in fiscal year 2023.

Contributions - Section 20814(c) of the California Public Employees’ Retirement Law requires that the employer contribution rates for all public employers be determined on an annual basis by the actuary and shall be effective on the July 1 following notice of a change in the rate. Funding contributions for the CalPERS Plan are determined annually on an actuarial basis as of June 30 by CalPERS. The actuarially determined rate is the estimated amount necessary to finance the costs of benefits earned by employees during the year, with an additional amount to finance any unfunded accrued liability. The City is required to contribute the difference between the actuarially determined rate and the contribution rate of employees.

For the measurement period ended June 30, 2022, contributions to the Safety Plan were $6,153,419. 96 178 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

8. PUBLIC EMPLOYEES’ RETIREMENT SYSTEM, Continued
D. CalPERS Safety Plan, Continued
Pension Liabilities, Pension Expenses and Deferred Ou tflows/Inflows of Resources Related to Pensions – For purposes of measuring the net pension liability and de ferred outflows/inflows of resources related to pensions, and pension expense, information about the fiduciary net position of the Safety Plan and additions to/deductions from the Safety Plan’s fiduciary net position have been determined on the same basis as they are reported by the CalPERS Financial Office. For this purpose, benefit payments (including refunds of employee contributions) are recognized when currently due and payable in accordance with the benefit terms. Investments are reported at fair value.

As of June 30, 2023, the City reported net pension lia bility for its proportionate share of the net pension liability of the Safety Plan of $61,982,346.

The City’s net pension liability for the Safety Plan is measured as the proportionate share the total net pension liability of the CalPERS Plan. The net pension liability is measured as of June 30, 2022, and the total pension liability for the CalPERS Plan used to calculate the net pension liability was determined by an actuarial valuation as of June 30, 2021 rolled forward to June 30, 2022 using standard update procedures. The City’s proportion of the net pension liability was based on the City’s plan liability and asset-related information where available, and proportional allocations of individual plan amounts as of the valuation date where not available.

The City’s proportionate share of the net pension liability as of the measurement dates June 30, 2021 and 2022 were as follows:
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City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

8. PUBLIC EMPLOYEES’ RETIREMENT SYSTEM, Continued
D. CalPERS Safety Plan, Continued
For the year ended June 30, 2023, the City recognized pension expense of $7,403,865 for the Safety Plan.

On June 30, 2023, the City reported deferred outflows of resources and deferred inflows of resources related to pensions from the following sources:

A total of $6,866,039 reported as deferred outflows of resources related to contributions subsequent to the measurement date will be recognized as a reduction of the net pension liability in the year ending June 30, 2024. Other amounts reported as deferred outflows of resources and deferred inflows of resources related to pensions will be recognized as pension expense (income) as follows:

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

8. PUBLIC EMPLOYEES’ RETIREMENT SYSTEM, Continued
D. CalPERS Safety Plan, Continued
Pension Plan Fiduciary Net Position – Detailed information about the pension plan’s fiduciary net position is available in the separately issued CalPERS financial reports.

9. OTHER POST-EMPLOYMENT DEFINED BENEFIT PLAN
Plan Description - The City of San Bruno contracts with the Teamsters Local #856 Health and Welfare Trust Fund to provide health benefits to both active and retired employees as a defined benefit plan. The City provides no direct financial contribution towards re tiree health benefits; however, due to retirees and active employees being insured in the same pool, it indirectly subsidizes their premiums through payments for current employees.

Eligibility: - Employees (and their dependents) are eligible for retiree health benefits if they retire from the City on or after age 55 with at least 10 years of service (with 12 continuous months prior to date of retirement) and are eligible for a CalPERS pension. Membership of the plan consisted of the following at June 30, 2023:

Premiums for eligible retirees vary based on years of service, plan selected, eligibility for Medicare, and the number of eligible dependents covered under th e retiree medical program, with monthly premiums up to $708 for retiree-only and up to an additional $708 per eligible dependent.

City’s Funding Policy - The Teamsters Local #856 Health and Welfare Trust Fund determines the contribution requirements of the City. The contribution required to be made under City Council and labor agreement requirements is based on a pay-as-you-go basis (i.e., as medical insurance premiums become due). For fiscal year 2022-23 the City’s actual contribution to the Teamsters Local #856 Health and Welfare Fund was $7,070,813, which includes the calculated benefit cost for the City’s retirees and the cost of implicit subsidies where applicable.

Annual OPEB Cost and Net OPEB Liability - The City’s annual other postemployment benefit (OPEB) cost (expense) is calculated based on the annual required contribution of the employer (ARC). The ARC represents a level of funding that, if paid on an ongoing basis, is projected to cover normal cost each year and amortize any unfunded actuarial liabilities (or fu nding excess) over a period not to exceed thirty years. The City does not record a net OPEB liabilit y due to the inability to obtain information from the Teamsters Local #856 Health and Welfare Trust Fund in order to measure the liability. 99 181 of 330

City of San Bruno
Notes to Basic Financial Statements
For the Year Ended June 30, 2023

10. CONTINGENCIES
The City participates in a number of Federal, State and County programs that are fully or partially funded by grants received from other governmental units. Ex penditures financed by grants are subject to audit by the appropriate grantor government. If expend itures are disallowed due to noncompliance with grantor program regulations, the City may be required to reimburse the grantor government. As of June 30, 2023, some amounts of grant expenditures have not been audited, but the City believes that disallowed expenditures, if any, based on subsequent audits will not have a material effect on any individual governmental funds or the overall financial condition of the City.

11. LITIGATION
The City is a defendant in a number of lawsuits which have arisen in the normal course of business. While substantial damages are alleged in some of these actions, their outcome cannot be predicted with certainty.

On April 17, 2023 the California Department of Tax & Fee Administration (CDTFA) issued a reallocation notice to the City and Walmart.com USA (Walmart) in the amount of approximately $27.5 million which states that certain sales tax should be reallocated to other jurisdictions. The City and Walmart filed a Verified Petition for Writ of Mandate and Complaint for Declaratory and Injunctive Relief on October 26, 2023 to find the City's allocation of local sales taxe s is proper. If the City and Walmart lose the case, the City would owe up to approximately $15.3 million to the CDTFA to be redistributed.

12. GOING CONCERN
At June 30, 2023, the CityNet Enterprise Fund had $0 in cash and an accumulated interfund debt to the General Fund of $16,036,799. Additionally, the fund continues to have operating losses each year, with an operating loss of $795,261 in FY23 and an operating loss of $859,995 in the prior year. Management continues to take measures to improve revenue and subscription margins. On August 1, 2023, management increased service rates between 9 and 12 percent, depending on the subscription package.

Additionally, management is exploring a 2 to 5 percent rate increase in the first half of 2024 to further bolster the enterprise’s financial condition. The enterprise continues to pursue opportunities to improve subscription margins going forward. In January 2024, the City issued a request for interest to explore interest from private industry to acquire the operation.

At June 30, 2023, the Stormwater Enterprise Fund had $0 in cash and an interfund payable to the General Fund of $642,426, and has an operating loss of $1,099,400 as compared with an operating loss of $590,107 in the prior year. The fund requires transfers in from the General Fund to maintain a positive fund balance. Management has evaluated the fund and has concluded that the charges for services are not adequate for the costs of those services. In July 2023 the City began collecting $798,993 annually from the g a r b a g e f r a n c h i s e t o h e l p d e f r a y t h e c o s t o f s t o r m w a t e r s e r v i c e s w h i c h i s a f f e c t e d b y t h e a m o u n t o f garbage in stormwater culverts and drains. Management continues to explore opportunities to reduce the General Fund’s support of the Stormwater Enterprise Fund. 100

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REQUIRED

SUPPLEMENTARY INFORMATION
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City of San Bruno
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual General Fund
For the year ended June 30, 2023
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Taxes 33,781,873$ 34,681,873$ 44,206,883$ 9,525,010$ Licenses and permits 5,413,525 6,198,525 7,237,718 1,039,193 Intergovernmental 11,994,104 12,036,602 7,743,930 (4,292,672) Charges for services 3,226,000 3,111,769 4,595,952 1,484,183 Fines and forfeitures 1,080,250 1,080,250 626,532 (453,718) Use of money and property 811,309 811,309 (584,768 ) (1,396,077) Other revenues 5,653,838 5,653,838 5,864,628 210,790
Total revenues 61,960,899 63,574,166 69,690,875 6,116,709 EXPENDITURES:

Current:

General government 8,239,53
1 9,949,247 8,630,693 1,318,554
Public safety 32,376,320 33,138,199 34,306,350 (1,168,151) Public works 1,685,115 2,036,053 2,053,186 (17,133 )
Streets 2,369,473 2,495,026 2,055,155 439,87 1
Parks and recreation 6,283,695 6,613,374 5,443,772 1,169,602 Library 2,281,280 2,307,280 2,218,207 89,073
Community and economic development 3,025,117 4,963,187 3,198,317 1,764,870 Capital outlay 581,100 1,635,036 1,112,575 522,461
Total expenditures 56,841,631 63,137,402 59,018,255 4,119,147

REVENUES OVER (UNDER)
EXPENDITURES 5,119,268 436,764 10,672,620 10,235,856 OTHER FINANCING SOURCES (USES):

Transfers in 2,473,67
1 3,102,108 2,928,207 (173,901)
Transfers out (2,986,902) (4,372,248) (20,860,702) (16,488,454) Proceeds from sale of property 5,060,000 5,060,000 - (5,060,000 ) Proceeds from long-term debt - - 690,702 690,702
Total other financing sources (uses) 4,546,769 3,789,860 (17,241,793) (21,031,653) Net change in fund balances 9,666,037$ 4,226,624 $ (6,569,173) (10,795,797) $ FUND BALANCES:

Beginning of year 46,596,269
End of year 40,027,09
6$
Budgeted Amounts
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City of San Bruno
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Developer Agreements and Impact Fees Fund
For the year ended June 30, 2023
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Licenses and permits 19,975,362$ 19,975,362$ 31,619,276$ 11,643,914$ Use of money and property 10,000 10,000 584,040 574,040 Other revenues - - 24,454,581 24,454,581
Total revenues 19,985,362 19,985,362 56,657,897 36,672,535 EXPENDITURES:

Current:

General government - 100,000 77,55
1 22,449
Total expenditures - 100,000 77,551 22,449

REVENUES OVER (UNDER)
EXPENDITURES 19,985,362 19,885,362 56,580,346 36,694,984 OTHER FINANCING SOURCES (USES):

Transfers out -
(2,042,765) (2,042,765) -
Total other financing sources (uses) - (2,042,765) (2,042,765) - Net change in fund balances 19,985,362$ 17,842,597$ 54,537,581 36,694,984$ FUND BALANCES:

Beginning of year 155,440
End of year 54,
693,021$
Budgeted Amounts
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City of San Bruno
Required Supplementary Information
For the year ended June 30, 2023
Miscellaneous Plan
Schedule of Changes in the Net Pension Liability and Related Ratios - Last 10 Years* Measurement Period 2014 2015 2016

TOTAL PENSION LIABILITY
Service cost 2,202,577 $ 2,097,851 $ 2,139,755 $ Interest 7,873,939 8,305,341 8,778,896 Differences between expected and actual experience - 505,056 934,779 Changes in assumptions - (2,047,078) - Benefit payments, including refunds of employee
contributions (4,768,345) (5,034,556) (5,302,771) Net change in the total pension liability 5,308,171 3,826,614 6,550,659 Total pension liability - beginning 106,268,748 111,576,919 115,403,533 Total pension liability - ending (a) 111,576,919$ 115,403,533$ 121,954,192$

PLAN FIDUCIARY NET POSITION
Contributions - employer 2,379,268$ 2,511,337$ 2,864,024$ Contributions - employee 1,401,279 968,827 995,641 Net investment income 12,458,355 1,866,002 415,562 Plan to plan resource movement - - - Benefit payments, including refunds of employee
contributions (4,768,345) (5,034,556) (5,302,771) Administrative expense - (94,139) (50,953) Other miscellaneous income (expense) - (4) (1,791) Net change in plan fiduciary net position 11,470,557 217,467 (1,080,288) Plan fiduciary net position - beginning 71,916,986 83,387,543 83,605,010 Plan fiduciary net position - ending (b) 83,387,543$ 83,605,010$ 82,524,722$ Net pension liability - ending (a) - (b) 28,189,376$ 31,798,523$ 39,429,470$ Plan fiduciary net position as a percentage of the total pension liability 74.74% 72.45% 67.67%
Covered payroll 11,454,637$ 11,746,858$ 12,768,781$ Net pension liability as a percentage of covered payroll 246.10% 270.70% 308.80% *
Notes to the Schedule:

Fiscal year 2015 was the first year of implementation, additional years will be added as the information becomes available.

Benefit Changes: The figures above do not include any liability impact that may have resulted from plan changes which occurred after June 30. This applies for voluntary benefit changes as well as any offers of Two Years Additional Service Credit (a.k.a. Golden Handshakes).

Changes in Assumptions: In 2022, CalPERS reduced the discount rate to 6.9% from 7.15%. In 2018, demographic assumptions and inflation rate were changed in accordance with the CalPERS Experience Study and Review of Assumptions December 2017. There were no changes in the discount rate. In 2017, the accounting discount rate reduced from 7.65% to 7.15%. In 2016, 2018, 2019, and 2020, there were no changes. In 2015, amounts reported reflect an adjustment of the discount rate from 7.5% (net of administrative expense) to 7.65% (without a reduction for pension plan administrative expense). In 2014, amounts were based on the 7.5% discount rate.
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2017 2018 2019 2020 2021 2022
2,531,862$ 2,492,070$ 2,432,199$ 2,514,610$ 2,603,128$ 2,806,527$ 9,108,648 9,431,890 9,905,673 10,324,053 10,739,952 11,107,354 (667,604) (431,451) 1,352,032 - 613,120 (100,106) 7,626,708 (862,136) - 856,075 - 5,510,831 (5,571,094) (6,041,230) (7,198,215) (7,569,113) (7,789,485) (8,387,442) 13,028,520 4,589,143 6,491,689 6,125,625 6,166,715 10,937,164 121,954,192 134,982,712 139,571,855 146,063,544 152,189,169 158,355,884 134,982,712$ 139,571,855$ 146,063,544$ 152,189,169$ 158,355,884$ 169,293,048$ 3,286,539$ 3,493,382$ 4,025,948$ 4,630,765$ 5,012,295$ 5,379,704$ 1,021,113 1,025,190 1,014,107 1,144,051 1,051,962 1,106,909 9,203,409 7,685,495 6,290,148 5,016,150 23,324,110 (9,370,622) - (223) - - - - (5,571,094) (6,041,230) (7,198,215) (7,569,113) (7,789,485) (8,387,442) (121,842) (140,779) (68,577) (141,202) (103,132) (77,704) - (267,342) 223 - - - 7,818,125 5,754,493 4,063,634 3,080,651 21,495,750 (11,349,155) 82,524,722 90,342,847 96,097,340 100,160,974 103,241,625 124,737,375 90,342,847$ 96,097,340$ 100,160,974$ 103,241,625$ 124,737,375$ 113,388,220$ 44,639,865$ 43,474,515$ 45,902,570$ 48,947,544$ 33,618,509$ 55,904,828$

66.93% 68.85% 68.57% 67.84% 78.77% 66.98%
12,661,824$ 12,736,637$ 13,803,211$ 14,427,436$ 14,301,123$ 14,353,672$ 352.55% 341.33% 332.55% 339.27% 235.08% 389.48%
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City of San Bruno
Required Supplementary Information
For the year ended June 30, 2023
Schedule of Pension Plan Contributions - Last 10 Years* 2015 2016 2017
Miscellaneous Plan
Contractually required contribution 2,379,268$ 2,864,024$ 3,286,539$ Contributions in relation to the
contractually required contributions (2,379,268) (2,864,024) (3,286,539) Contribution deficiency (excess) -$ -$ -$ Covered payroll 11,746,858$ 12,768,781$ 12,661,824$ Contributions as a percentage of covered payroll 20.25% 22.43% 25.96% Notes to Schedule:

Valuation date 6/30/2012 6/30/2013 6/30/2014
Methods and assumptions used to determine contribution rates:

Actuarial cost method
Amortization method
Remaining amortization period 15 years as of valuation date Asset valuation method
Inflation
Salary increases
Investment rate of return
Retirement age
Mortality
*
The actuarial methods and assumptions used to set the actuarially determined contributions for Fiscal Year 2021-22 were derived from the June 30, 2019 funding valuation report.

Entry Age Normal Cost Method
Level percentage of payroll, closed
5-year smoothed market

2.75% for 2015 to 2019, 2.625% for 2020 and 2.50% for 2021 to 2022 Varies by entry age and service

7.50% for 2015 to 2018, 7.375% for 2019, 7.25% for 2020, and 7.00% for 2021 and 2022, net of pension plan investment expense, including inflation.

The probabilities of Retirement are based on the CalPERS Experience Study.

The probabilities of mortality are based on the CalPERS Experience Study.

Pre-retirement and Post-retirement mortality rate include 20 years of projected mortality improvement using Scale AA published by the Society of Actuaries for 2015 to 2018. For 2019 to 2022, pre-retirement age.

Fiscal year 2015 was the first year of implementation, additional years will be presented as the information becomes available.
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2018 2019 2020 2021 2022 2023
3,493,382$ 4,025,948$ 4,630,765$ 5,012,295$ 5,366,996$ 5,944,790$ (3,493,382) (4,025,948) (4,630,765) (5,012,295) (5,366,996) (5,944,790) -$ -$ -$ -$ -$ -$ 12,736,637$ 13,803,211$ 14,427,436$ 14,301,123$ 14,353,672$ 15,988,755$

27.43% 29.17% 32.10% 35.05% 37.39% 37.18%
6/30/2015 6/30/2016 6/30/2017 6/30/2018 6/30/2019
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City of San Bruno
Required Supplementary Information
For the year ended June 30, 2023
Schedule of the City's Proportionate Share of the Net Pension Liability - Last Ten Fiscal Years Safety Plan
Fiscal Year End: 6/30/2015 6/30/2016 6/30/2017
Measurement Date 6/30/2014 6/30/2015 6/30/2016
City's proportion of the net pension liability 0.00000% 0.43667% 0.44803% City's proportionate share of the net pension liability -$ 29,972,706$ 38,768,137 $ City's covered payroll (plan year) 8,296,958$ 8,733,422 $ 9,215,379 $ City's proportionate share of the net pension liability as a percentage of its covered payroll 0.00% 343.20% 420.69% Fiduciary net position as a percentage of the
total pension liability 79.82% 78.40% 74.06%
Notes to the schedule:
* Fiscal year 2015 was the 1st year of implementation, therefore only eight years are shown.

The CalPERS mortality assumptions were adjusted in fiscal year 2019.

The CalPERS discount rate increased from 7.5% to 7.65% in fiscal year 2016, decreased from 7.65% to

7.15% in fiscal year 2018, and decreased from 7.15% to 6.9% in fiscal year 2023. 110

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6/30/2018 6/30/2019 6/30/2020 6/30/2021 6/30/2022 6/30/2023 6/30/2017 6/30/2018 6/30/2019 6/30/2020 6/30/2021 6/30/2022

0.44960% 0.46924% 0.47762% 0.49200% 0.63963% 0.53661%
44,587,858$ 45,216,872 $ 48,942,165 $ 53,531,797 $ 34,593,086 $ 61,982,346 $ 9,360,496$ 8,768,759 $ 9,259,344 $ 9,977,457 $ 9,800,218 $ 11,785,003 $ 476.34% 515.66% 528.57% 536.53% 352.98% 525.94%

73.31% 75.26% 75.26% 75.10% 88.29% 76.68%
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City of San Bruno
Required Supplementary Information
For the year ended June 30, 2023
Schedule of Pension Plan Contributions - Last 10 Years* 2015 2016 2017
Safety Plan
Contractually required contribution (actuarially determined) 2,600,052$ 1,681,684 $ 3,203,722 $ Contributions in relation to contractually required contributions (2,600,052) (1,681,684) (3,203,722) Contribution deficiency (excess) - $ - $ - $ Covered payroll 8,733,422$ 9,215,379$ 9,360,496$ Contributions as a percentage of covered payroll 29.77% 18.25% 34.23% Notes to the Schedule:
* Fiscal year 2015 was the 1st year of implementation, therefore only eight years are shown.

Methods and assumptions used to determine contribution rates:

Valuation date (for contractually required contribution): 6/30/2012 6/30/2013 6/30/2014 Actuarial cost method: Entry Age Entry Age Entry Age
Amortization method: (1) (1) (1)
Assets valuation method: 15 Year
Smoothed Market
Method
Market Value Market Value
Inflation: 2.75% 2.75% 2.75%
Salary increases: (2) (2) (2)
Investment rate of return: 7.50% 7.50% 7.50%
Retirement age: (3) (3) (3)
Mortality: (4) (4) (4)
(1) Level percentage of payroll, closed
(2) Depending on age, service, and type of employment
(3) 50 for all plans, with the exception of 52 for Miscellan (4) Mortality assumptions are based on mortality rates r CalPERS Board.
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2018 2019 2020 2021 2022 2023
3,682,068$ 4,282,040$ 4,978,130$ 5,482,002$ 6,153,419$ 6,866,039$ (3,682,068) (4,282,040) (4,978,130) (5,482,002) (6,153,419) (6,866,039) -$ -$ -$ -$ -$ -$ 8,768,759$ 9,259,344$ 9,977,457$ 9,800,218$ 11,785,003$ 13,053,713$

41.99% 46.25% 49.89% 55.94% 52.21% 52.60%
6/30/2015 6/30/2016 6/30/2017 6/30/2018 6/30/2019 6/30/2020 Entry Age Entry Age Entry Age Entry Age Entry Age Entry Age (1) (1) (1) (1) (1) (1)
Market Value Market Value Market Value Market Value Market Value Market Value

2.75% 2.75% 2.63% 2.50% 2.50% 2.50%
(2) (2) (2) (2) (2) (2)

7.50% 7.375% 7.25% 7.00% 7.00% 7.00%
(3) (3) (3) (3) (3) (3)
(4) (4) (4) (4) (4) (4)
neous PEPRA 2%@62
resulting from the most recent CalPERS Experience Study adopted by the 113

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City of San Bruno
Combining Balance Sheet
General Fund
June 30, 2023
General
Fund
Totals
ASSETS
Cash and investments 24,606,595$ 618,295 $ 25,224,890 $ Cash and investments with fiscal agent 50,496 - 50,496
Receivables:

Taxes 6,015,097 729,961 6,745,058
Accounts 69,757 - 69,757
Interest 647,297 - 647,297
Loans 1,089,120 - 1,089,120
Other 1,493,976 - 1,493,976
Due from other funds 1,450,548 - 1,450,548
Advances to other funds 16,679,225 - 16,679,225
Total assets 52,102,111$ 1,348,256$ 53,450,367$

LIABILITIES, DEFERRED INFLOWS OF

RESOURCES AND FUND BALANCES
Liabilities:

Accounts payable and accrued liabilities 5,517,200 69 5,517,269 Unearned revenue 4,836,826 - 4,836,826
Other liabilities 1,102,681 - 1,102,681
Total liabilities 13,423,202 69 13,423,271 Fund Balances:

Nonspendable 16,679,225 - 16,679,225
Assigned 15,910,896 - 15,910,896
Unassigned 6,088,788 1,348,187 7,436,975
Total fund balances 38,678,909 1,348,187 40,027,096 Total liabilities, deferred inflows of
resources and fund balances 52,102,111$ 1,348,256$ 53,450,367$ General Fund
Operating and
Reserves Measure G
118

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City of San Bruno
Combining Statement of Revenues, Expenditures and Changes in Fund Balances General Fund
For the year ended June 30, 2023
General
Fund
Totals
REVENUES:

Taxes 40,165,206 $ 4,041,677 $ - $ 44,206,883$ Licenses and permits 7,237,718 - - 7,237,718
Intergovernmental 7,743,930 - - 7,743,930
Charges for services 4,595,952 - - 4,595,952
Fines and forfeitures 626,532 - - 626,532
Use of money and property (584,768) - - (584,768 )
Other revenues 5,864,628 - - 5,864,628
Total revenues 65,649,198 4,041,677 - 69,690,875 EXPENDITURES:

Current:

General government 8,630,693 - - 8,630,693
Public safety 34,306,350 - - 34,306,350
Public works 2,053,186 - - 2,053,186
Streets 2,055,155 - - 2,055,155
Parks and recreation 5,443,772 - - 5,443,772
Library 2,218,207 - - 2,218,207
Community and economic development 3,198,317 - - 3,198,317 Capital outlay 1,112,575 - - 1,112,575
Total expenditures 59,018,255 - - 59,018,255

REVENUES OVER (UNDER)
EXPENDITURES 6,630,943 4,041,677 - 10,672,620 OTHER FINANCING SOURCES (USES):

Transfers in 2,988,207 - (60,000
) 2,928,207
Transfers out (14,810,702) (6,110,000) 60,000 (20,860,702 ) Capital contributions -- --
Proceeds from sale of property -- --
Loss on retirement of capital assets -- --
Proceeds from long-term debt 690,702 - - 690,702
Total other financing sources (uses) (11,131,793) (6,110,000) - (17,241,793) Net change in fund balances (4,500,850) (2,068,323) - (6,569,173) FUND BALANCES:

Beginning of year 43,179,759 3,416,510 - 46,596,269
End of year 38,
678,909$ 1,348,187$ -$ 40,027,09 6$ General Fund
Operating and
Reserves Measure G
Intra-Fund
Transactions
Elimination
119

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City of San Bruno
Combining Statement of Revenues, Expenditures and Changes in Fund Balances General Fund
For the year ended June 30, 2023
Original Final
Budget Budget Actual Variance
REVENUES:

Taxes 30,018,661$ 30,918,661$ 40,165,206$ 9,246,545$ Licenses and permits 5,413,525 6,198,525 7,237,718 1,039,193 Intergovernmental 11,994,104 12,036,602 7,743,930 (4,292,672 ) Charges for services 3,226,000 3,111,769 4,595,952 1,484,183 Fines and forfeitures 1,080,250 1,080,250 626,532 (453,718 ) Use of money and property 811,309 811,309 (584,768 ) (1,396,077) Other revenues 5,653,838 5,653,838 5,864,628 210,790
Total revenues 58,197,687 59,810,954 65,649,198 5,838,244 EXPENDITURES:

Current:

General government 8,239,53
1 9,949,247 8,630,693 1,318,554
Public safety 32,376,320 33,138,199 34,306,350 (1,168,151) Public works 1,685,115 2,036,053 2,053,186 (17,133 )
Streets 2,369,473 2,495,026 2,055,155 439,87 1
Parks and recreation 6,283,695 6,613,374 5,443,772 1,169,602 Library 2,281,280 2,307,280 2,218,207 89,073
Community and economic development 3,025,117 4,963,187 3,198,317 1,764,870 Capital outlay 581,100 1,635,036 1,112,575 522,46 1
Total expenditures 56,841,631 63,137,402 59,018,255 4,119,147

REVENUES OVER (UNDER)
EXPENDITURES 1,356,056 (3,326,448) 6,630,943 9,957,391 OTHER FINANCING SOURCES (USES):

Transfers in 2,473,67
1 3,102,108 2,988,207 (113,901 )
Transfers out (2,926,902) (4,312,248) (14,810,702) (10,498,454) Proceeds from sale of property 5,060,000 5,060,000 - (5,060,000 ) Total other financing sources (uses) 4,606,769 3,849,860 (11,131,793) (14,981,653) Net change in fund balances 5,962,825$ 523,412 $ (4,500,850) (5,024,262) $ FUND BALANCES:

Beginning of year 43,179,759
End of year 38,678,909$
General Fund Operating and Reserves
120

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Intrafund
Eliminations
Original Final Original Final
Budget Budget Actual Variance Actual Budget Budget Actual Variance 3,763,212$ 3,763,212$ 4,041,677$ 278,465$ -$ 33,781,873$ 34,681,873$ 44,206,883$ 9,525,010$ ----- 5 ,413,525 6 ,198,525 7 ,237,718 1 ,039,193
----- 1 1,994,104 1 2,036,602 7 ,743,930 ( 4,292,672)
----- 3 ,226,000 3 ,111,769 4 ,595,952 1 ,484,183
----- 1 ,080,250 1 ,080,250 626,532 (453,718 )
----- 811,309 811,309 (584,768 ) (1,396,077)
----- 5 ,653,838 5 ,653,838 5 ,864,628 210,790
3,763,212 3,763,212 4,041,677 278,465 - 61,960,899 63,574,166 69,690,875 6,116,709 ----- 8 ,239,531 9,949,247 8,630,693 1,318,554
----- 3 2 , 3 7 6 , 3 2 0 3 3 , 1 3 8 , 1 9 9 3 4 , 3 0 6 , 3 5 0 (1,168,151) ----- 1 ,685,115 2 ,036,053 2 ,053,186 ( 17,133)
----- 2 ,369,473 2 ,495,026 2 ,055,155 439,871
----- 6 ,283,695 6 ,613,374 5 ,443,772 1 ,169,602
----- 2 ,281,280 2 ,307,280 2 ,218,207 8 9,073
----- 3 ,025,117 4 ,963,187 3 ,198,317 1 ,764,870
----- 581,100 1,635,036 1,112,575 522,46 1
- - - - - 56,841,631 63,137,402 59,018,255 4,119,147 3,763,212 3,763,212 4,041,677 278,465 - 5,119,268 436,764 10,672,620 10,235,856 ---- ( 60,000) 2,473,671 3,102,108 2,928,207 (173,901 ) (60,000) (60,000) (6,110,000) (6,050,000) 60,000 (2,986,902 ) (4,372,248) (20,860,702) (16,488,454) ----- 5 ,060,000 5 ,060,000- ( 5,060,000)
(60,000) (60,000) (6,110,000) (6,050,000) - 4,546,769 3,789,860 (17,241,793) (21,031,653) 3,703,212$ 3,703,212 $ (2,068,323) (5,771,535) $ - 9,666,037$ 4,226,624 $ (6,569,173) (10,795,797) $ 3,416,510 - 46,596,269
1,348,187$ -$ 40,027,096$
Measure G General Fund Totals
121

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City of San Bruno
Combining Balance Sheet
Developer Agreements and Impact Fees Fund
June 30, 2023
ASSETS
Cash and investments 10,242$ 10,170,357$ 6,873,598 $ 633,528 $ Total assets 10,242$ 10,170,357$ 6,873,598 $ 633,528 $

LIABILITIES, DEFERRED INFLOWS OF

RESOURCES AND FUND BALANCES
Liabilities:

Accounts payable and accrued liabilities 10,242 - - -
Deposits payable - 362,746 - -
Total liabilities 10,242 362,746 - - Fund Balances:

Restricted - 9,807,611 6,873,598 633,528
Assigned ----
Total fund balances - 9,807,611 6,873,598 633,528 Total liabilities, deferred inflows of
resources and fund balances 10,242$ 10,170,357$ 6,873,598$ 633,528$ General Impact
Fees
Affordable
Housing
Community
Services Public Safety
122

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967,631$ 5,684,491$ 1,676,977$ 5,651,547$ 25,627,376$ 57,295,747$ 967,631$ 5,684,491$ 1,676,977$ 5,651,547$ 25,627,376$ 57,295,747$ ----- 1 0,242
- - - 1,315,942 913,796 2,592,484
- - - 1,315,942 913,796 2,602,726 967,631 5,684,491 1,676,977 4,335,605 - 29,979,441
---- 2 4,713,580 2 4,713,580
967,631 5,684,491 1,676,977 4,335,605 24,713,580 54,693,021 967,631$ 5,684,491$ 1,676,977$ 5,651,547$ 25,627,376$ 57,295,747$ Developer
Agreements and
Impact Fees
Fund Totals
Community
Benefit
Bayhill Specific
Plan AreaTransportation Utilities Facilities
General
Government
123

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City of San Bruno
Combining Statement of Revenues, Expenditures and Changes in Fund Balances Developer Agreements and Impact Fees Fund
For the year ended June 30, 2023
REVENUES:

Licenses and permits 3,704,066$ 9,704,826 $ 6,392,976 $ 426,337 $ Use of money and property 22,901 102,785 65,269 4,353
Other revenues ----
Total revenues 3,726,967 9,807,611 6,458,245 430,690 EXPENDITURES:

Current:

General government 77,55
1 ---
Total expenditures 77,551 - - -

REVENUES OVER (UNDER)
EXPENDITURES 3,649,416 9,807,611 6,458,245 430,690 OTHER FINANCING SOURCES (USES):

Transfers in - - 415,353 202,838
Transfers out (3,804,856) ---
Total other financing sources (uses) (3,804,856) - 415,353 202,838 Net change in fund balances (155,440) 9,807,611 6,873,598 633,528 FUND BALANCES:

Beginning of year 155,440 - - -
End of year -$ 9,807, 611$ 6,873,598$ 633,528$ General Impact
Fees
Affordable
Housing Public Safety
Community
Services
124

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691,578$ 5,149,372 $ 1,271,632 $ 4,278,489 $ - $ - $ 31,619,276$ 7,061 52,573 12,983 57,116 258,999 - 584,040
---- 2 4,454,581 - 24,454,58 1
698,639 5,201,945 1,284,615 4,335,605 24,713,580 - 56,657,897 ----- - 7 7 , 5 5 1
- - - - - - 77,551 698,639 5,201,945 1,284,615 4,335,605 24,713,580 - 56,580,346 268,992 482,546 392,362 - - (1,762,091) -
----- 1 ,762,091 (2,042,765)
268,992 482,546 392,362 - - - (2,042,765) 967,631 5,684,491 1,676,977 4,335,605 24,713,580 - 54,537,581 ----- - 155,440
967,631$ 5,684,491$ 1,676,977$ 4,335,605$ 24,713,580$ -$ 54, 693,021$ Developer
Agreements and
Impact Fees
Fund Totals
Intra-Fund
Transactions
Elimination
General
Government Transportation Utilities Facilities
Bayhill Specific
Plan Area
Community
Benefit
125

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City of San Bruno
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Parks and Facilities and Technology Capital Improvement For the year ended June 30, 2023
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Intergovernmental -$ 200,000$ -$ (200,000)$ Other revenues - 17,065,530 22,918,053 5,852,523
Total revenues - 17,265,530 22,918,053 5,652,523 EXPENDITURES:

Current:

Capital outlay - 50,188,844 23,999,135 26,189,709
Total expenditures - 50,188,844 23,999,135 26,189,709

REVENUES OVER (UNDER)
EXPENDITURES - (32,923,314) (1,081,082) 31,842,232 OTHER FINANCING SOURCES (USES):

Transfers in - 12,073,247 13,682,33
1 1,609,084
Transfers out -- (1,799,938) (1,799,938)
Total other financing sources (uses) - 12,073,247 11,882,393 (190,854) Net change in fund balances -$ (20,850,067)$ 10,801,311 31,651,378$ FUND BALANCES:

Beginning of year (170,178
)
End of year 10,631,133$
Budgeted Amounts
126

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NONMAJOR GOVERNMENTAL FUNDS
Nonmajor Special Revenue Funds:

In Lieu - Accounts for funds received to substitute for standard fees utilized for particular purposes.

Agency on Aging - Accounts for funds for senior services.

Federal/State Grants - Accounts for activities for the City's grants.

Gas Tax - Accounts for funds received and expended for street maintenance purposes as defined in sections 2103, 2105, 2106, 2107.5 of the Streets and Highway Code.

Police Asset Seizure – Accounts for state augmentation funds to be used for safety programs.

Police – Accounts for Police revenues to be used on special law enforcement programs.

SB322 Recycling/Litter Clean-up – Accounts for SB322 funds to be used on recycling and litter clean-up programs.

Restricted Revenues – Accounts for donations and fees collected for specific purposes.

Bequests – Accounts for funds bequested to the City.

Streets – Accounts for funds dedicated to street improvement and mitigation.

City of San Bruno as Successor Housing Agency – Accounts for housing assets and functions previously performed by the former Redevelopment Agency.

Measure A Transportation Tax – Accounts for funds received to be used for local transportation purposes. The revenues consist primarily of revenues received from Measure A sales tax passed to the City by San Mateo County.

Disaster Recovery – Accounts for funds from Pacific Gas and Electric Company (PG&E) Trust to rebuild the Crestmoor/Glenview neighborhood.

Measure W Transportation Tax – Accounts for funds received to be used for local transportation purposes.

The revenues consist primarily of revenues received from Measure W sales tax passed to the City by San Mateo County.

Capital Project Fund:

Street Improvement Capital Project Fund – The Street Improvement Capital Project Fund accounts for funds expended for transportation infrastructure such as street rehabilitation, streetlights, traffic signals and street medians.

Debt Service Fund:

General – Accounts for funds related to the 2011 and 2017 fire apparatus lease purchase, 2013 Pension Obligation Bond, and 2018 router lease purchase principal and interest payments. 127

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City of San Bruno
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2023 (with comparative totals for June 30, 2022) ASSETS
Cash and investments 3,785,255$ 949 $ - $ 394,645$ C a s h a n d i n v e s t m e n t s w i t h f i s c a l a g e n t ---- Receivables:

Taxes - - - 297,427
Interest ----
Other - 27,178 39,737 -
Other assets ----
Total assets 3,785,255$ 28,127 $ 39,737 $ 692,072 $

LIABILITIES, DEFERRED INFLOWS OF

RESOURCES AND FUND BALANCES
Liabilities:

Accounts payable and accrued liabilities - 35,260 51,249 - Due to other funds - - 1,450,548 -
Interest payable ----
Deposits payable ----
Unearned revenue ----
Advances from other funds ----
Total liabilities - 35,260 1,501,797 - Deferred Inflows of Resources
Unavailable revenue - - - - Total deferred inflows of resources - - - - Fund Balances:

Restricted 3,785,255 - - 692,072
Unassigned - (7,133
) (1,462,060) -
Total fund balances 3,785,255 (7,133) (1,462,060) 692,072 Total liabilities, deferred inflows of
resources and fund balances 3,785,255$ 28,127$ 39,737$ 692,072$ Special Revenue Funds
In-Lieu Agency on Aging
Federal/State
Grants Gas Tax
128

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970,267$ 112,253 $ 460,144 $ 3,530,717 $ 79,298 $ -----
-----
-----
-- 3 9--
- - - 3,363,030 -
970,267$ 112,253$ 460,183$ 6,893,747$ 79,298$ 163,095 - 13,489 10,048 -
-----
-----
-----
-----
-----
163,095 - 13,489 10,048 - - - - 3,177,900 - - - - 3,177,900 - 807,172 112,253 446,694 3,705,799 79,298
-----
807,172 112,253 446,694 3,705,799 79,298 970,267$ 112,253$ 460,183$ 6,893,747$ 79,298$ Special Revenue Funds
Police Asset Seizure Police
SB 322
Recycling/Litter
Clean-up Restricted Revenues Street
129

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City of San Bruno
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2023 (with comparative totals for June 30, 2022) ASSETS
Cash and investments 700,649$ 938,623 $ 13,26 1$ 776,518$ Cash and investments with fiscal agent ----
Receivables:

Taxes --- 9 8,848
Interest ----
Other ----
Other assets ----
Total assets 700,649$ 938,623 $ 13,261 $ 875,366 $

LIABILITIES, DEFERRED INFLOWS OF

RESOURCES AND FUND BALANCES
Liabilities:

Accounts payable and accrued liabilities ----
Due to other funds ----
Interest payable ----
Deposits payable ----
Unearned revenue ----
Advances from other funds ----
Total liabilities - - - - Deferred Inflows of Resources
Unavailable revenue - - - - Total deferred inflows of resources - - - - Fund Balances:

Restricted 700,649 938,623 13,26 1 875,366
U n a s s i g n e d ----
Total fund balances 700,649 938,623 13,261 875,366 Total liabilities, deferred inflows of
resources and fund balances 700,649$ 938,623 $ 13,261 $ 875,366 $ Special Revenue Funds
City as Successor
Housing Agency
Measure A
Transportation Tax
Disaster Recovery
Fund
Measure W
Transportation Tax
130

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Capital Debt
Projects Fund Service Fund
2023 2022
15,284,063$ 450$ 27,047,092$ 21,085,675$ - 213 213 196
- - 396,275 344,341
----
41,359 - 108,313 368,102
- - 3,363,030 3,177,900
15,325,422$ 663 $ 30,914,923$ 24,976,214 $ 883,011 - 1,156,152 1,080,671
- - 1,450,548 -
- 17,416 17,416 -
- - - 3,492,518
- - - 64,358
- - - 98,449
883,011 17,416 2,624,116 4,735,996 - - 3,177,900 3,261,134 - - 3,177,900 3,261,134 14,442,411 - 26,598,853 17,053,319
-( 16,753) (1,485,946) (74,235)
14,442,411 (16,753) 25,112,907 16,979,084 15,325,422$ 663 $ 30,914,923$ 24,976,214 $ Totals
Nonmajor FundsStreet Improvement
Capital Projects
Fund General
131

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City of San Bruno
Combining Statement of Revenues, Expenditures and Changes in Fund Balances Nonmajor Governmental Funds
For the year ended June 30, 2023 (with comparative totals for June 30, 2022) REVENUES:

Taxes -$ - $ - $ - $ Licenses and permits 13,151 ---
Intergovernmental - 114,789 170,178 2,127,854
Charges for services ----
Fines and forfeitures ----
Use of money and property 45,150 979 - 11,529
Other revenues - 69,305 - -
Total revenues 58,301 185,073 170,178 2,139,383 EXPENDITURES:

Current:

General government - - 1,742,018 -
Public safety - - 63,143 -
Streets --- 3 ,000
Parks and recreation - 294,527 - -
Library - - 2,842 -
Community and economic development 40,000 - - -
Capital outlay ----
Debt service:

Principal ----
Interest and fiscal charges ----
Total expenditures 40,000 294,527 1,808,003 3,000

REVENUES OVER (UNDER)
EXPENDITURES 18,301 (109,454) (1,637,825) 2,136,383 OTHER FINANCING SOURCES (USES):

Transfers in 375,000 - 250,000 284,460
Transfers out -( 39,852
) - (2,183,329)
Proceeds from long-term debt ----
Total other financing sources (uses) 375,000 (39,852) 250,000 (1,898,869) Net change in fund balances 393,301 (149,306) (1,387,825) 237,514 FUND BALANCES:

Beginning of year 3,391,954 142,173 (74,235
) 454,558
End of year 3,785,255$ (7,133)$ (1,462,060)$ 692,072$ Special Revenue Funds
In-Lieu Agency on Aging
Federal/State
Grants Gas Tax
132

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-$ - $ - $ - $ - $ - - - 1,195,411 -
- 165,27 1 75,310 - -
- - - 40,843 -
451,793 ----
10,461 1,639 5,106 221,979 926
- - 104,649 121,721 -
462,254 166,910 185,065 1,579,954 926 - - - 15,621 -
235,680 - - 14,659 -
- - 69,277 - -
--- 6 , 0 4 2-
- - - 29,178 -
- - - 12,91
1 -
-----
-----
-----
235,680 - 69,277 78,411 - 226,574 166,910 115,788 1,501,543 926 - - - 166,618 -
- (200,000) - (352,544) (106,000)
-----
- (200,000) - (185,926) (106,000) 226,574 (33,090) 115,788 1,315,617 (105,074) 580,598 145,343 330,906 2,390,182 184,372
807,172$ 112,253$ 446,694$ 3,705,799$ 79,298$ Special Revenue Funds
Police Asset Seizure Police
SB 322
Recycling/Litter
Clean-up Restricted Revenues Street
133

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Taxes -$ 1,223,868$ - $ 581,932$ Licenses and permits ----
Intergovernmental ----
Charges for services ----
Fines and forfeitures ----
Use of money and property - 20,280 - 11,656
Other revenues ----
Total revenues - 1,244,148 - 593,588 EXPENDITURES:

Current:

General government ----
Public safety ----
Streets ----
Parks and recreation ----
Library ----
Community and economic development ----
Capital outlay ----
Debt service:

Principal ----
Interest and fiscal charges ----
Total expenditures - - - -

REVENUES OVER (UNDER)
EXPENDITURES - 1,244,148 - 593,588 OTHER FINANCING SOURCES (USES):

Transfers in ----
Transfers out - (1,210,000
) (900,000) (600,000)
Proceeds from long-term debt ----
Total other financing sources (uses) - (1,210,000) (900,000) (600,000) Net change in fund balances - 34,148 (900,000) (6,412) FUND BALANCES:

Beginning of year 700,649 904,475 913,26
1 881,778
End of year 700,649$ 938,623$ 13,261$ 875,366$ Special Revenue Funds
City as Successor
Housing Agency
Measure A
Transportation Tax
Disaster Recovery
Fund
Measure W
Transportation Tax
134

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Capital Debt
Projects Fund Service Fund
2023 2022
-$ -$ 1,805,800$ 1,921,217$ - - 1,208,562 484,508
695,341 - 3,348,743 2,410,086
- - 40,843 75,881
- - 451,793 171,668
- 267 329,972 86,742
46,880 - 342,555 (2,763,144)
742,221 267 7,528,268 2,386,958 - - 1,757,639 74,72 1
- - 313,482 337,176
- - 72,277 114,947
- - 300,569 226,515
- - 32,020 23,034
- - 52,911 51,743
3,160,857 - 3,160,857 2,746,540
- 1,446,246 1,446,246 1,357,151
- 290,595 290,595 277,303
3,160,857 1,736,841 7,426,596 5,209,130 (2,418,636) (1,736,574) 101,672 (2,822,172) 11,273,503 1,719,625 14,069,206 5,653,321
(289,890) - (5,881,615) (7,406,451)
- - - 1,600,000
10,983,613 1,719,625 8,187,591 (153,130) 8,564,977 (16,949) 8,289,263 (2,975,302) 5,877,434 196 16,823,644 19,954,386
14,442,411$ (16,753)$ 25,112,907$ 16,979,084$ Nonmajor FundsStreet Improvement
Capital Projects
Fund General
Totals
135

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City of San Bruno
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual In-Lieu
For the year ended June 30, 2023
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Licenses and permits 10,299,102$ 10,299,102$ 13,151$ (10,285,951)$ Use of money and property 45,000 45,000 45,150 150
Total revenues 10,344,102 10,344,102 58,301 (10,285,801) EXPENDITURES:

Current:

Community and economic development 112,350 122,350 40,000 82,350 Total expenditures 112,350 122,350 40,000 82,350

REVENUES OVER (UNDER)
EXPENDITURES 10,231,752 10,221,752 18,301 (10,203,451) OTHER FINANCING SOURCES (USES):

Transfers in - 375,000 375,000 -
Total other financing sources (uses) - 375,000 375,000 - Net change in fund balances 10,231,752$ 10,596,752$ 393,301 (10,203,451)$ FUND BALANCES:

Beginning of year 3,391,954
End of year 3,785,255
$
Budgeted Amounts
136

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City of San Bruno
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Agency on Aging
For the year ended June 30, 2023
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Intergovernmental 142,892$ 142,892$ 114,789$ (28,103)$ Use of money and property 300 300 979 679
Other revenues 68,500 68,500 69,305 805
Total revenues 211,692 211,692 185,073 (26,619) EXPENDITURES:

Current:

Parks and recreation 219,518 219,518 294,527 (75,009
)
Total expenditures 219,518 219,518 294,527 (75,009)

REVENUES OVER (UNDER)
EXPENDITURES (7,826) (7,826) (109,454) (101,628) OTHER FINANCING SOURCES (USES):

Transfers out
(55,000) (55,000) (39,852) 15,148
Total other financing sources (uses) (55,000) (55,000) (39,852) 15,148 Net change in fund balances (62,826)$ (62,826)$ (149,306) (86,480)$ FUND BALANCES:

Beginning of year 142,173
End of year
(7,133)$
Budgeted Amounts
137

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City of San Bruno
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Federal/State Grants
For the year ended June 30, 2023
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Intergovernmental -$ 175,455$ 170,178$ (5,277)$ Total revenues - 175,455 170,178 (5,277) EXPENDITURES:

Current:

General government - 250,000 1,742,018 (1,492,018
)
Public safety - 177,785 63,143 114,642
Library - - 2,842 (2,842)
Total expenditures - 427,785 1,808,003 (1,380,218)

REVENUES OVER (UNDER)
EXPENDITURES - (252,330) (1,637,825) (1,385,495) OTHER FINANCING SOURCES (USES):

Transfers in - 250,000 250,000 -
Total other financing sources (uses) - 250,000 250,000 - Net change in fund balances -$ (2,330)$ (1,387,825) (1,385,495)$ FUND BALANCES:

Beginning of year (74,235
)
End of year (1,462,060)$
Budgeted Amounts
138

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City of San Bruno
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Gas Tax
For the year ended June 30, 2023
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Intergovernmental 2,245,154$ 2,245,154$ 2,127,854$ (117,300)$ Use of money and property 5,000 5,000 11,529 6,529
Total revenues 2,250,154 2,250,154 2,139,383 (110,771) EXPENDITURES:

Current:

Streets 2,800 2,800 3,000 (200
)
Total expenditures 2,800 2,800 3,000 (200)

REVENUES OVER (UNDER)
EXPENDITURES 2,247,354 2,247,354 2,136,383 (110,971) OTHER FINANCING SOURCES (USES):

Transfers in - - 284,460 284,460
Transfers out
(850,000) (850,000) (2,183,329) (1,333,329)
Total other financing sources (uses) (850,000) (850,000) (1,898,869) (1,048,869) Net change in fund balances 1,397,354$ 1,397,354$ 237,514 (1,159,840)$ FUND BALANCES:

Beginning of year 454,558
End of year
692,072$
Budgeted Amounts
139

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City of San Bruno
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Police Asset Seizure
For the year ended June 30, 2023
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Fines and forfeitures 103,000$ 103,000$ 451,793$ 348,793$ Use of money and property 500 500 10,461 9,961
Total revenues 103,500 103,500 462,254 358,754 EXPENDITURES:

Current:

Public safety 216,762 269,223 235,680 33,543
Total expenditures 216,762 269,223 235,680 33,543

REVENUES OVER (UNDER)
EXPENDITURES (113,262) (165,723) 226,574 392,297 Net change in fund balances (113,262)$ (165,723)$ 226,574 392,297$ FUND BALANCES:

Beginning of year 580,598
End of year 807,172
$
Budgeted Amounts
140

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City of San Bruno
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Police
For the year ended June 30, 2023
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Intergovernmental 145,000$ 145,000$ 165,271$ 20,271$ Use of money and property 1,000 1,000 1,639 639
Total revenues 146,000 146,000 166,910 20,910 OTHER FINANCING SOURCES (USES):

Transfers out (200,000
) (200,000) (200,000) -
Total other financing sources (uses) (200,000) (200,000) (200,000) - Net change in fund balances (54,000)$ (54,000) $ (33,090) 20,910 $ FUND BALANCES:

Beginning of year 145,343
End of year 112,253
$
Budgeted Amounts
141

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City of San Bruno
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual SB 322 Recycling/Litter Clean-up
For the year ended June 30, 2023
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Intergovernmental 11,500$ 11,500$ 75,310$ 63,810$ Use of money and property 2,500 2,500 5,106 2,606
Other revenues 91,000 91,000 104,649 13,649
Total revenues 105,000 105,000 185,065 80,065 EXPENDITURES:

Current:

Streets 122,957 122,957 69,277 53,680
Total expenditures 122,957 122,957 69,277 53,680

REVENUES OVER (UNDER)
EXPENDITURES (17,957) (17,957) 115,788 133,745 Net change in fund balances (17,957)$ (17,957)$ 115,788 133,745$ FUND BALANCES:

Beginning of year 330,906
End of year 44
6,694$
Budgeted Amounts
142

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City of San Bruno
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Restricted Revenues
For the year ended June 30, 2023
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Licenses and permits 240,000$ 240,000$ 1,195,411$ 955,411$ Charges for services 40,000 40,000 40,843 843
Use of money and property 12,000 12,000 221,979 209,979 Other revenues 87,000 87,000 121,721 34,721
Total revenues 379,000 379,000 1,579,954 1,200,954 EXPENDITURES:

Current:

General government 18,700 18,700 15,62
1 3,079
Public safety - 7,720 14,659 (6,939)
Parks and recreation 8,000 8,000 6,042 1,958
Library 20,100 20,100 29,178 (9,078)
Community and economic development 19,400 31,400 12,91 1 18,489 Total expenditures 66,200 85,920 78,411 7,509

REVENUES OVER (UNDER)
EXPENDITURES 312,800 293,080 1,501,543 1,208,463 OTHER FINANCING SOURCES (USES):

Transfers in - - 166,618 166,618
Transfers out - (154,500) (352,544) (198,044)
Total other financing sources (uses) - (154,500) (185,926) (31,426) Net change in fund balances 312,800$ 138,580$ 1,315,617 1,177,037$ FUND BALANCES:

Beginning of year 2,390,182
End of year 3,705,799$
Budgeted Amounts
143

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City of San Bruno
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Street
For the year ended June 30, 2023
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Use of money and property 500$ 500$ 926$ 426$ Total revenues 500 500 926 426 OTHER FINANCING SOURCES (USES):

Transfers out - - (106,000
) (106,000)
Total other financing sources (uses) - - (106,000) (106,000) Net change in fund balances 500$ 500$ (105,074) (105,574)$ FUND BALANCES:

Beginning of year 184,372
End of year 79,298
$
Budgeted Amounts
144

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City of San Bruno
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual City as Successor Housing Agency
For the year ended June 30, 2023
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
Net change in fund balances -$ -$ - -$ FUND BALANCES:

Beginning of year 700,649
End of year 700,649$
Budgeted Amounts
145

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City of San Bruno
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Measure A Transportation Tax
For the year ended June 30, 2023
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Taxes 1,127,788$ 1,127,788$ 1,223,868$ 96,080$ Use of money and property 5,000 5,000 20,280 15,280
Total revenues 1,132,788 1,132,788 1,244,148 111,360 OTHER FINANCING SOURCES (USES):

Transfers out -( 80,000
) (1,210,000) (1,130,000)
Total other financing sources (uses) - (80,000) (1,210,000) (1,130,000) Net change in fund balances 1,132,788$ 1,052,788$ 34,148 (1,018,640)$ FUND BALANCES:

Beginning of year 904,475
End of year 938,623
$
Budgeted Amounts
146

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City of San Bruno
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Disaster Recovery Fund
For the year ended June 30, 2023
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
OTHER FINANCING SOURCES (USES):

Transfers out -$ -$ (900,000)$ (900,000)$ Total other financing sources (uses) - - (900,000) (900,000) Net change in fund balances -$ -$ (900,000) (900,000)$ FUND BALANCES:

Beginning of year 913,261
End of year 13,261$
Budgeted Amounts
147

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City of San Bruno
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Measure W Transportation Tax
For the year ended June 30, 2023
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Taxes 501,239$ 501,239$ 581,932$ 80,693$ Use of money and property 2,500 2,500 11,656 9,156
Total revenues 503,739 503,739 593,588 89,849 OTHER FINANCING SOURCES (USES):

Transfers out - - (600,000
) (600,000)
Total other financing sources (uses) - - (600,000) (600,000) Net change in fund balances 503,739$ 503,739$ (6,412) (510,151)$ FUND BALANCES:

Beginning of year 881,778
End of year 875,366
$
Budgeted Amounts
148

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City of San Bruno
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Street Improvement Capital Projects Fund
For the year ended June 30, 2023
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Intergovernmental -$ 205,635$ 695,341$ 489,706$ Other revenues - 616,016 46,880 (569,136)
Total revenues - 821,651 742,221 (79,430) EXPENDITURES:

Current:

Capital outlay - 24,106,592 3,160,857 20,945,735
Total expenditures - 24,106,592 3,160,857 20,945,735

REVENUES OVER (UNDER)
EXPENDITURES - (23,284,941) (2,418,636) 20,866,305 OTHER FINANCING SOURCES (USES):

Transfers in - 9,175,645 11,273,503 2,097,858
Transfers out --
(289,890) (289,890)
Total other financing sources (uses) - 9,175,645 10,983,613 1,807,968 Net change in fund balances -$ (14,109,296)$ 8,564,977 22,674,273$ FUND BALANCES:

Beginning of year 5,877,434
End of year 14,442,41
1$
Budgeted Amounts
149

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City of San Bruno
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual General Debt Service Fund
For the year ended June 30, 2023
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
REVENUES:

Use of money and property -$ -$ 267$ 267$ Total revenues - - 267 267 EXPENDITURES:

Current:

Debt service:

Principal 1,442,17
1 1,442,171 1,446,246 (4,075)
Interest and fiscal charges 284,338 284,338 290,595 (6,257 ) Total expenditures 1,726,509 1,726,509 1,736,841 (10,332)

REVENUES OVER (UNDER)
EXPENDITURES (1,726,509) (1,726,509) (1,736,574) (10,065) OTHER FINANCING SOURCES (USES):

Transfers in - - 1,719,625 1,719,625
Total other financing sources (uses) - - 1,719,625 1,719,625 Net change in fund balances (1,726,509)$ (1,726,509)$ (16,949) 1,709,560$ FUND BALANCES:

Beginning of year 196
End of year
(16,753)$
Budgeted Amounts
150

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INTERNAL SERVICE FUNDS
Central Garage – To account for the cost of vehicle acquisition and disposal, preventative maintenance and repair, and support services for the City’s fleet.

Self-Insurance – To account for the City’s coverage for Workers’ Compensation and General Liability insurance.

Technology Development – To account for the cost of maintaining the City’s IT infrastructure, network and data security, business applications and management, and providing a centralized service desk.

Facilities Management – To account for the cost of custodial services, facility management and preventative maintenance, and repair services for the City’s facilities. 151

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City of San Bruno
Combining Statement of Net Position
Internal Service Funds
June 30, 2023 (with comparative totals for June 30, 2022) ASSETS
Current Assets:

Cash and investments (999) $ 2,030,503$ 555,338 $ 159,420 $ Cash and investments with fiscal agent - 91,119 - - Receivables:

Accounts - 449 - - Total current assets (999) 2,122,071 555,338 159,420 Noncurrent:

Capital assets:

Depreciable capital assets - - 24,640 146,679 Accumulated depreciation - - (24,640) (34,454) Net capital assets - - - 112,225 Total noncurrent assets - - - 112,225 Total assets (999) 2,122,071 555,338 271,645

LIABILITIES
Current liabilities:

Accounts payable and accrued liabilities 51,112 212,614 61,758 84,571 Compensated absences - current 3,562 - 4,538 18,301 Claims and judgements - current - 1,118,000 - - Total current liabilities 54,674 1,330,614 66,296 102,872 Noncurrent liabilities:

Compensated absences 5,726 - 22,693 72,462 Claims payable - 3,905,000 - - Total noncurrent liabilities 5,726 3,905,000 22,693 72,462 Total liabilities 60,400 5,235,614 88,989 175,334

NET POSITION
Net investment in capital assets - - - 112,225 Unrestricted (61,399) (3,113,543) 466,349 (15,914) Total net position (61,399)$ (3,113,543)$ 466,349$ 96,311$ Central Garage
Facilities
Maintenance
Technology
DevelopmentSelf-Insurance
152

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2023 2022
2,744,262$ 2,781,517$
91,119 91,119
449 -
2,835,830 2,872,636
171,319 52,493
(59,094) (51,166)
112,225 1,327
112,225 1,327
2,948,055 2,873,963
410,055 389,732
26,401 23,936
1,118,000 1,545,000
1,554,456 1,958,668
100,881 69,816
3,905,000 3,483,000
4,005,881 3,552,816
5,560,337 5,511,484
112,225 1,327
(2,724,507) (2,638,848)
(2,612,282)$ (2,637,521)$
Totals
153

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City of San Bruno
Combining Statement of Revenues, Expenses and Changes in Net Position Internal Service Funds
For the year ended June 30, 2023 (with comparative totals for June 30, 2022) OPERATING REVENUES:

Charges for services:

Other service charges 713,120$ 3,408,873 $ 1,627,641 $ 1,551,199 $ Other operating revenue - 649 - - Total operating revenues 713,120 3,409,522 1,627,641 1,551,199 OPERATING EXPENSES:

Central garage 971,084 - - -
Insurance expenses - 3,059,462 - - Technology support - - 1,315,296 - Facilities maintenance - - - 1,922,473 Depreciation and amortization - - - 7,928 Total operating expenses 971,084 3,059,462 1,315,296 1,930,401 Operating income (loss) (257,964) 350,060 312,345 (379,202) CONTRIBUTIONS AND TRANSFERS:

Transfers in ----
Total contributions and transfers - - - - Change in net position (257,964) 350,060 312,345 (379,202) NET POSITION:

Beginning of year 196,565 (3,463,603) 154,004 475,513 End of year (61,399)$ (3,113,543)$ 466,349 $ 96,311 $ Central Garage Self-Insurance
Technology
Development
Facilities
Maintenance
154

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2023 2022
7,300,833$ 6,497,974$
649 -
7,301,482 6,497,974
971,084 744,855
3,059,462 2,438,620
1,315,296 1,268,418
1,922,473 1,917,707
7,928 3,978
7,276,243 6,373,578
25,239 124,396
- 443,439
- 443,439
25,239 567,835
(2,637,521) (3,205,356)
(2,612,282)$ (2,637,521)$
Totals
155

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City of San Bruno
Combining Statement of Cash Flows
Internal Service Funds
For the year ended June 30, 2023 (with comparative totals for June 30, 2022) CASH FLOWS FROM OPERATING ACTIVITIES:

Cash received from interfund services provided 713,120 $ 3,408,424 $ 1,627,641 $ 1,551,199 $ Cash payments to suppliers for goods and services (966,617) (2,947,108) (1,307,549) (1,998,188) Cash reimbursements for loss claims - 649 - - Net cash provided by (used in) operating activities (253,497) 461,965 320,092 (446,989) CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES:

Transfers received from other funds - - - - Net cash provided by (used in)
noncapital financing activities - - - - CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES:

Acquisition and construction of capital assets (118,826) Net cash provided by (used in)
capital and related financing activities - - - (118,826) Net cash flows (253,497) 461,965 320,092 (565,815) CASH AND INVESTMENTS - Beginning of year 252,498 1,659,657 235,246 725,235 CASH AND INVESTMENTS - End of year (999)$ 2,121,622$ 555,338$ 159,420$

RECONCILIATION OF OPERATING INCOME (LOSS) TO NET
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES:

Operating income (loss) (257,964)$ 350,060$ 312,345$ (379,202)$ Adjustments to reconcile operating income (loss) to
net cash provided by (used in) operating activities:

Depreciation and amortization - - - 7,928 (Increase) decrease in current assets:

Accounts receivable - (449) - - Increase (decrease) in liabilities:

Accounts payable and accrued liabilities (1,283) 117,354 19,022 (114,770) Compensated absences 5,750 - (11,275) 39,055 Claims liability - (5,000) - - Net cash provided by (used in) operating activities (253,497)$ 461,965$ 320,092$ (446,989)$ Technology
DevelopmentSelf-InsuranceCentral Garage
Facilities
Maintenance
156

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2023 2022
7,300,384$ 6,532,656$
(7,219,462) (6,788,018)
649 -
81,571 (255,362)
- 443,439
- 443,439
(118,826) -
(118,826) -
(37,255) 188,077
2,872,636 2,684,559
2,835,381$ 2,872,636$
25,239$ 124,396
7,928 3,978
(449) 34,682
20,323 89,043
33,530 (123,461)
(5,000) (384,000)
81,571$ (255,362)$
Totals
157

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Statistical Section
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160

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Financial Trends

1. Net Position by Component

2. Changes in Net Position

3. Fund Balances of Governmental Funds

4. Changes in Fund Balance of Governmental Funds
Revenue Capacity

1. Assessed Value and Actual Value of Taxable Property

2. Direct and Overlapping Property Tax Rates

3. Principal Property Taxpayers

4. Schedule of Top 40 Business License Taxpayers

5. Property Tax Levies and Collections
Debt Capacity

1. Ratio of Outstanding Debt by Type

2. Computation of Direct and Overlapping Debt

3. Computation of Legal Bonded Debt Margin

4. Bonded Debt Pledged Revenue Coverage:
a. Wastewater Certificates of Participation
b. 2013 Wastewater Revenue Refunding Bonds
c. 2017 Wastewater Revenue Refunding Bonds
d. 2017 Water Revenue Refunding Bonds
Demographic and Economic Information

1. Demographic and Economic Statistics

2. Principal Employers
Operating Information

1. Full-Time Equivalent City Government Employees by Function/Program

2. Operating Indicators by Function/Program

3. Capital Asset Statistics by Function/Program
Sources
These schedules contain trend information to help the reader understand how the City’s financial performance and wellbeing have changed over time:

CITY OF SAN BRUNO
JUNE 30, 2023

STATISTICAL SECTION
This part of the City’s Annual Comprehensive Financial Report presents detailed information as a context for understanding what the information in the financial statements, note disclosures, and required supplementary information says about the City’s overall financial health. In contrast to the financial section, the statistical section information is not subject to independent audit.

These schedules contain service and infrastructure data to help the reader understand how the information in the City’s financial report relates to the services the City provides and the activities it performs:

Unless otherwise noted, the information in these schedules is derived from the Annual Comprehensive Financial Reports for the relevant year.

These schedules contain information to help the reader assess the City’s most significant local revenue source, the property tax:

These schedules present information to help the reader assess the affordability of the City’s current levels of outstanding debt and the City's ability to issue additional debt in the future:

These schedules offer demographic and economic indicators to help the reader understand the environment within which the City’s financial activities take place:
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2014 2015 2016 2017 2018
Governmental activities
Net investments in capital assets 50,124,094$ 47,667,730 $ 50,836,407 $ 54,014,157 $ 59,084,356 $ Restricted 10,612,672 16,592,413 12,444,902 15,727,642 18,264,533 Unrestricted (3,967,832) (35,591,299) (34,557,594) (42,133,843) (41,778,351) Total governmental activities net position 56,768,934$ 28,668,844 $ 28,723,715 $ 27,607,956 $ 35,570,538 $ Business-type activities
Net investments in capital assets 46,715,688$ 57,076,442 $ 67,316,388 $ 70,539,432 $ 37,167,066 $ Restricted 40,979,572$
Unrestricted 24,822,052 11,218,527 7,002,450 14,463,523 12,485,588 Total business-type activities net position 71,537,740$ 68,294,969 $ 74,318,838 $ 85,002,955 $ 90,632,226 $ Primary government
Net investments in capital assets 96,839,782$ 104,744,172 $ 118,152,795 $ 124,553,589 $ 96,251,422 $ Restricted 10,612,672 16,592,413 12,444,902 15,727,642 18,264,533 Unrestricted 20,854,220 (24,372,772) (27,555,144) (27,670,320) (29,292,763) Total primary government net position 128,306,674 $ 96,963,813 $ 103,042,553 $ 112,610,911 $ 85,223,192 $ 2019 2020 2021 2022 2023
Governmental activities
Net investments in capital assets 66,352,484$ 69,271,484 $ $68,788,202 80,545,096 $ 102,207,599 $ Restricted 18,534,689 22,102,576 22,782,488 53,426,528 75,224,281 Unrestricted (47,316,623) (55,052,523) (50,077,211) (70,032,132) (18,552,818) Total governmental activities net position 37,570,550$ 36,321,537 $ 41,493,479 $ 63,939,492 $ 158,879,062 $ Business-type activities
Net investments in capital assets 42,964,412$ 53,787,761 $ 58,888,940 $ 58,458,807 $ 65,375,009 $ Restricted 27,693,026$ 15,720,390 4,123,199 1,918,591 1,936,756 Unrestricted 30,544,816 41,095,816 57,332,179 70,033,202 67,436,852 Total business-type activities net position 101,202,254$ 110,603,967 $ 120,344,318 $ 130,410,600 $ 134,748,617 $ Primary government
Net investments in capital assets 109,316,896$ 123,059,245 $ 127,677,142 $ 139,003,903 $ 167,582,608 $ Restricted 46,227,715 37,822,966 26,905,687 55,345,119 77,161,037 Unrestricted (16,771,807) (13,956,707) 7,254,968 1,070 48,884,034 Total primary government net position 138,772,804 $ 146,925,504 $ 161,837,797 $ 194,350,092 $ 293,627,679 $

CITY OF SAN BRUNO
Net Position by Component
Last Ten Fiscal Years
(Accrual Basis of Accounting)
163

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CITY OF SAN BRUNO
Changes in Net Position
Last Ten Fiscal Years
(Accrual Basis of Accounting)
2014 2015 2016
General government 12,129,370$ 10,813,390$ 6,632,727$ Public safety 19,836,376 21,206,573 24,334,371
Public works 850,759 863,706 929,223
Highways and streets 2,891,219 3,009,303 3,450,979 Parks and recreation 4,717,561 5,562,181 5,611,296 Library 1,685,455 1,731,305 1,799,797
Community development 1,888,260 2,265,895 2,526,383 Interest expense 267,977 416,914 403,839 Total governmental activities expenses 44,266,977 45,869,267 45,688,615 Water 8,770,677 9,378,993 10,098,091
Stormwater 739,512 905,074 607,817
Wastewater 9,427,956 10,265,939 10,921,203
Cable Television 10,508,595 11,002,694 11,240,247 Parking - - -
Total business-type activities expenses 29,446,740 31,552,700 32,867,358 Total primary government expenses 73,713,717$ 77,421,967$ 78,555,973$ General government 2,923,789$ 2,837,224$ 3,468,619$ Public safety 1,632,659 1,637,659 1,906,214 Public works 104,982 86,752 165,037 Highways and streets 19,985 17,977 17,204 Parks and recreation 1,359,079 1,471,537 1,490,268 Library 92,227 96,969 86,593
Community development 988,285 1,759,620 1,547,278 9,527,246 11,433,248 3,053,574
88,658 391,523 227,381
Total governmental activities program revenues 16,736,910 19,732,509 11,962,168 Water 15,041,156 12,304,017
12,688,039
Stormwater 1,474,221 839,852 652,195
Wastewater 15,470,139 15,016,113 15,879,501
Cable Television 9,329,485 9,288,345 9,253,900 Total business-type activities program revenues 41,315,001 37,448,327 38,473,635 Total primary government program revenues 58,051,911 $ 57,180,836$ 50,435,803$ Expenses
Governmental activities:

Business-type activities:

Program Revenues
Governmental activities:

Charges for services:

Operating grants and contributions
Capital grants and contributions
Business-type activities:

Charges for services:
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2017 2018 2019 2020 2021 2022 2023
$ 7,944,081 $ 8,186,106 $ 8,429,310 $ 9,606,933 $ 8,441,787 6,413,721$ 12,014,857$ 25,201,102 27,448,567 29,772,551 31,788,329 32,515,036 32,410,681 28,793,275 1,032,599 1,797,113 2,332,672 1,566,728 3,131,204 1,618,481 2,059,383 4,001,200 3,512,681 3,505,727 4,224,797 4,081,082 4,949,093 7,012,289 5,929,836 6,156,634 6,147,260 5,817,710 4,814,770 6,574,959 6,179,928 1,937,465 2,094,990 2,093,683 2,458,480 2,298,623 2,156,600 2,287,233 2,791,309 2,887,538 2,955,685 3,057,191 2,652,300 2,857,883 3,249,383 387,374 380,311 388,594 373,262 324,944 296,821 270,665 49,224,966 52,463,940 55,625,482 58,893,430 58,259,746 57,278,239 61,867,013 9,717,392 11,416,387 11,290,539 12,137,204 12,697,845 11,643,075 16,179,423 606,627 1,011,466 1,677,767 2,287,138 1,375,960 1,641,787 2,042,242 12,033,285 12,380,908 11,781,728 12,926,033 12,879,291 12,989,348 15,117,460 11,655,651 12,492,354 12,183,104 11,053,095 9,927,716 9,440,513 9,073,317 - - - - - - 2,490 34,012,955 37,301,115 36,933,138 38,403,470 36,880,812 35,714,723 42,414,932 83,237,921$ 89,765,055$ 92,558,620$ 97,296,900$ 95,140,558$ 92,992,962$ 104,281,945$ 3,534,173$ 3,693,098$ 3,713,293$ 3,859,492$ 4,735,876 5,362,419$ 5,262,092$ 2,019,187 2,275,753 2,551,241 2,120,724 2,134,812 3,290,386 3,924,353 475,379 308,461 301,330 421,557 708,024 574,911 342,698 16,500 17,092 17,228 17,474 17,900 18,000 18,700 1,533,722 1,482,588 1,683,629 742,258 283,124 1,271,240 370,336 92,709 93,014 26,855 17,101 772 6,756 8,444 1,832,185 1,847,569 2,635,631 2,860,417 2,704,804 3,653,585 38,159,877 7,352,434 13,445,214 6,440,037 2,231,014 7,722,800 5,881,477 33,764,892 133,241 1,408,402 1,936,614 7,735,245 3,108,476 10,342,801 23,660,274 16,989,530 24,571,191 19,305,858 20,005,282 21,416,588 30,401,575 105,511,666 14,251,650 15,312,217 17,037,634 16,936,737 17,777,900 16,774,287 16,964,116 1,035,641 645,507 648,323 650,555 655,608 1,054,326 935,728 15,803,116 16,748,382 17,732,648 18,230,960 18,470,837 19,378,136 19,526,658 9,880,781 9,983,780 9,739,499 9,303,573 9,017,048 8,566,131 8,267,064 40,971,188 42,689,886 45,158,104 45,121,825 45,921,393 45,772,880 45,693,566 57,960,718$ 67,261,077$ 64,463,962$ 65,127,107$ 67,337,981$ 76,174,455$ 151,205,232$ 165

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CITY OF SAN BRUNO
Changes in Net Position
(continued)
Last Ten Fiscal Years
(Accrual Basis of Accounting)
2014 2015 2016
Governmental activities (27,530,067) $ (26,136,758) $ (33,726,447) $ Business-type activities 11,868,261 5,895,627 5,606,277 Total net revenues (expenses) (15,661,806) $ (20,241,131) $ (28,120,170) $ Property taxes, levied for general purposes 8,197,205 $ 8,844,431 $ 9,500,264 $ Transient occupancy tax 2,790,395 3,162,479 3,316,369 Franchise tax 1,957,795 2,125,938 1,960,997 Sales tax, including subvention 8,547,806 8,556,002 8,377,896 Cardroom taxes 1,652,904 1,694,580 1,735,696 Other taxes 3,267,636 2,867,616 2,514,851 Intergovernmental:

State motor vehicle in-lieu tax, including subvention 3,503,097 3,764,990 4,016,571 State highway user tax 1,370,767 1,270,588 976,525 1,678,676 1,596,447 1,640,673
(204,035) 274,320 -
(3,064,452) (1,768,413) (258,524)
Total governmental activities 29,697,794 32,388,978 33,781,318 242,863 174,855 159,068
3,064,452 1,768,413 258,524
Total business-type activities 3,307,315 1,943,268 417,592 Total primary government 33,005,109 $ 34,332,246 $ 34,198,910 $ Change in Net Position
Governmental activities 2,167,727 $ 6,252,220 $ 54,871 $ Business-type activities 15,175,576 7,838,895 6,023,868 Total primary government 17,343,303 $ 14,091,115 $ 6,078,739 $ General Revenues and Other Chan
ges in Net Position
Net Revenues (Expenses)
Use of money and property
Transfers
Governmental activities:

Taxes:

Use of money and property
Miscellaneous and extraordinary items
Transfers
Business-type activities:
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2017 2018 2019 2020 2021 2022 2023
(32,235,436)$ (27,892,749) $ (36,319,624) $ (38,888,148) $ (36,843,158) $ (26,876,664) $ 43,644,653 $ 6,958,233 5,388,771 8,224,966 6,718,355 9,040,581 10,058,157 3,278,634 (25,277,203)$ (22,503,978) $ (28,094,658) $ (32,169,793) $ (27,802,577) $ (16,818,507) $ 46,923,287 $ 9,968,404$ 10,515,309$ 11,846,367$ 12,212,891$ 12,618,447$ 14,532,727$ 14,931,681$ 3,286,913 3,424,660 3,628,979 2,617,524 1,247,467 2,408,999 3,459,947 1,823,810 1,835,943 1,839,359 1,861,256 1,798,673 1,624,176 1,705,417 8,777,377 8,332,044 8,764,449 9,281,920 17,780,042 21,549,194 20,928,603 1,781,208 1,843,532 1,904,512 1,974,980 2,035,009 2,220,592 3,181,236 2,492,886 2,607,258 2,213,593 1,972,392 2,045,462 2,277,785 2,219,479 4,329,287 4,576,283 4,909,295 5,013,326 3,180,581 7,646,019 5,314,866 887,258 1,243,782 1,811,108 1,844,231 1,852,026 - - 1,248,861 1,159,121 2,121,974 2,130,318 (341,249) (6,715,096) (541,036) - - - - - - - (3,476,327) 317,399
(720,000) (1,269,703) (201,358) 600,381 94,724 31,119,677 35,855,331 38,319,636 37,639,135 42,015,100 46,144,777 51,294,917 249,557 557,899 1,625,062 1,413,655 498,412 608,506 1,154,107 3,476,327 (317,399) 720,000 1,269,703 201,358 (600,381) (94,724) 3,725,884 240,500 2,345,062 2,683,358 699,770 8,125 1,059,383 34,845,561$ 36,095,831$ 40,664,698 $ 40,322,493 $ 42,714,870 $ 46,152,902$ 52,354,300 $ (1,115,759)$ 7,962,582 $ 2,000,012 $ (1,249,013) $ 5,171,942 $ 19,268,113 $ 94,939,570 $ 10,684,117 5,629,271 10,570,028 9,401,713 9,740,351 10,066,282 4,338,017 9,568,358$ 13,591,853 $ 12,570,040 $ 8,152,700 $ 14,912,293 $ 29,334,395 $ 99,277,587 $ 167

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2014 2015 2016 2017 2018
General Fund
Nonspendable 586,650 $ 690,344 $ 3,529,925 $ 2,749,851 $ 1,657,895 $ Restricted - - - - - Committed - - 19,639,289 15,726,434 20,306,330 Assigned 254,698 188,263 2,130,681 265,888 143,505
Unassigned 10,096,649 11,023,626 3,552,485 5,833,164 6,050,669 Total general fund 10,937,997 $ 11,902,233 $ 28,852,380 $ 24,575,337 $ 28,158,399 $ All Other Governmental Funds
Nonspendable - $ - $ 90,000$ 90,000 $ - $ Restricted 10,612,672 14,762,188 12,444,902 15,727,642 18,264,533 Committed 10,689,500 10,240,271 3,059,683 3,082,506 3,216,534 Unassigned (42,705) (80,929) 0 - (719) Total all other governmental funds 21,259,467$ 24,921,530 $ 15,594,585 $ 18,900,148 $ 21,480,348 $ 2019 2020 2021 2022 2023
General fund:

Nonspendable - $ - $ 14,415,651$ 15,316,895 $ 16,679,225 $ Restricted - - - - - Committed 21,462,554 21,109,020 - - - Assigned 1,101,021 611,383 30,408,528 26,045,126 15,910,896 Unassigned 6,590,744 5,644,420 (9,442,918) 5,234,248 7,436,975 Total general fund 29,154,319 $ 27,364,823 $ 35,381,261 $ 46,596,269 $ 40,027,096 $ All other governmental funds:

Non-spendable - $ - $ - $ - $ - $ Restricted 18,501,668 22,102,576 22,782,488 53,426,528 75,224,281 Assigned - - - - 24,713,580 Unassigned - - (16,928) (36,617,622) (9,500,800) Total all other governmental funds 18,501,668$ 22,102,576 $ 22,765,560 $ 16,808,906 $ 90,437,061 $ Fiscal year June 30,

CITY OF SAN BRUNO
Fund Balances of Governmental Funds
Last Ten Fiscal Years
(Modified Accrual Basis of Accounting)
Fiscal Year June 30,
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CITY OF SAN BRUNO
Changes in Fund Balances of Governmental Funds
Last Ten Fiscal Years
(Modified Accrual Basis of Accounting)
2014 2015 2016
Revenues
Taxes 24,954,783$ 26,085,900 $ 26,272,319 $
4,255,588 3,691,818 3,451,841
Intergovernmental 4,009,117 4,574,638 4,787,432 Charges for services 2,826,577 3,134,354 3,398,555 Fines and Forfeitures 654,000 605,704 698,463 Use of money and property 1,678,676 1,618,634 1,674,729 Other revenues 11,324,450 10,489,406 8,467,574
Total revenues: 49,703,191 50,200,454 48,750,913
Expenditures
8,955,056 8,091,630 5,966,987
19,851,466 21,894,204 22,978,100
856,559 1,028,427 895,218
3,689,780 1,736,206 1,537,442
4,453,981 5,493,030 5,301,162
1,631,084 1,724,112 1,758,937
1,872,127 2,268,181 2,509,152
Capital outlay 360,076 225,737 5,137,379
Debt service:

Principal 807,336 818,289 829,272
Interest 410,689 399,660 386,635
Total expenditures 42,888,154 43,679,476 47,300,284 Reconciliation of Government Revenues
Less expenditures to fund equity
Revenues over (under) expenditures 6,815,037 6,520,978 1,450,629 Extraordinary ite m - - - Other financing sources (Transfer in) 7,977,407 7,893,696 24,558,269 Other financing sources (Transfer out) (11,416,478) (9,788,375) (18,385,696) Other financing sources (Capital lease) - - - Other financing sources (uses):

Proceeds of debt issued (refunds) - - - Total other financing sources (uses) - - - Net change in fund balances (3) 3,375,966$ 4,626,299 $ 7,623,202 $ Debt service as a percentage of noncapital expenditures 2.9% 2.8% 2.9% Library
Community Development
Licenses and permits
General Government
Public safety
Public works
Highways and streets
Parks and recreation
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2017 2018 2019 2020 2021 2022 2023
26,952,603$ 27,836,907 $ 30,183,994 $ 29,841,240 $ 37,397,196 $ 44,256,905 $ 46,012,683 $ 3,981,683 3,893,645 4,807,519 3,850,848 5,135,532 6,093,601 40,065,556 5,061,978 5,441,457 6,193,125 6,809,578 6,154,618 13,464,391 11,092,673 3,405,255 3,301,524 3,689,192 2,918,239 2,093,216 3,997,199 4,636,795 1,132,649 7,009,636 1,345,048 1,115,456 824,466 783,915 1,078,325 1,272,582 1,189,135 2,277,193 2,349,974 (250,036) (6,658,443) 329,244 10,445,009 11,436,819 9,396,817 12,481,391 12,194,820 14,008,403 53,579,817 52,251,759 60,109,123 57,892,888 59,366,726 63,549,812 75,945,971 156,795,093 6,256,661 6,220,529 6,151,598 6,526,050 7,055,055 8,020,370 10,465,883 23,159,049 24,877,089 26,538,743 27,536,184 28,682,296 30,693,706 34,619,832 852,334 984,844 1,255,226 1,447,402 1,540,457 1,551,310 2,053,186 1,700,057 1,494,003 1,605,936 1,928,545 1,644,167 1,870,115 2,127,432 4,967,433 5,717,215 5,795,227 5,844,760 4,838,508 5,164,289 5,744,341 1,841,983 2,038,896 2,067,693 2,105,201 1,957,533 2,094,036 2,250,227 2,690,910 2,856,118 2,934,136 3,043,416 2,649,788 2,838,991 3,251,228 7,844,120 8,675,937 12,649,502 6,172,424 4,498,002 18,577,288 28,272,567 1,939,282 1,035,038 1,411,245 1,358,246 1,398,135 1,357,151 1,446,246 368,929 363,591 343,660 356,404 315,091 277,303 290,595 51,620,758 54,263,260 60,752,966 56,318,632 54,579,032 72,444,559 90,521,537 631,001 5,845,863 (2,860,078) 3,048,094 8,970,780 3,501,412 66,273,556 - - - - - - - 6,354,831 8,730,402 8,404,503 10,231,738 12,170,782 12,083,255 30,679,744 (9,831,158) (8,413,003) (9,124,503) (11,501,441) (12,462,140) (11,926,313) (30,585,020) 1,873,846 - 1,630,339 - - - - - - - - 1,600,000 690,702 - - - - - 1,600,000 690,702 (971,480)$ 6,163,262$ (1,949,739)$ 1,778,391$ 8,679,422$ 5,258,354$ 67,058,982$

5.3% 3.1% 3.6% 3.4% 3.4% 3.0% 2.8%
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City of San Bruno, California
Assessed Value and Estimated Actual Value of Taxable Property For the last ten fiscal years
Total Total Estimated Total
Fiscal Residential Commercial Industrial Other Secured Unsecured Total Full Market Direct Year End Property (a) Property (a) Property (a) Property (a) Property Property Assessed (b) Value (b) Tax Rate (c)
2014 4,364,835,817 945,331,190 55,708,482 61,925,552 5,427,801,041 188,968,984 5,616,770,025 5,616,770,025 1.0000 2015 4,706,427,833 1,030,026,318 57,511,431 63,017,548 5,856,983,130 191,476,425 6,048,459,555 6,048,459,555 1.0000 2016 5,014,371,175 1,104,091,897 58,749,109 63,704,550 6,240,916,731 186,926,223 6,427,842,954 6,427,842,954 1.0000 2017 5,359,750,309 1,226,598,661 75,276,105 68,634,181 6,730,259,256 209,798,255 6,940,057,511 6,940,057,511 1.0000 2018 5,646,827,286 1,357,155,853 77,211,922 72,559,603 7,153,754,664 212,376,474 7,366,131,138 7,366,131,138 1.0000 2019 6,036,268,674 1,503,692,754 78,754,420 77,125,479 7,695,841,327 193,402,416 7,889,243,743 7,889,243,743 1.0000 2020 6,402,789,888 1,635,452,776 81,593,747 93,290,564 8,213,126,975 191,580,394 8,404,707,369 8,404,707,369 1.0000 2021 6,805,415,098 1,810,368,170 83,857,367 134,679,313 8,834,319,948 144,575,709 8,978,895,657 8,978,895,657 1.0000 2022 7,107,728,273 1,790,875,440 144,928,994 131,588,023 9,175,120,730 130,101,776 9,305,222,506 9,305,222,506 1.0000 2023 7,589,901,022 1,988,665,638 151,056,673 127,238,414 9,856,861,747 101,307,134 9,958,168,881 9,958,168,881 1.0000 Source: California Municipal Statistics and County Assessor Data (a) Other property assessed value included residential, commercial and industrial property before 2008 (b) The State Constitution requires property to be assessed at one hundred percent of the most recent purchase price, plus an increment of no more than two percent annually, plus any local over-rides. These values are considered to be full market values. (c) 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.

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City of San Bruno, California
Direct and Overlapping Property Tax Rates
For the last ten fiscal years
(rate per $100 of assessed value)
Total
Total School Special Tax
Fiscal Year Basic Rate Direct Districts Districts Rate
2014 1.0000 1.0000 0.0864 0.0000 1.0864
2015 1.0000 1.0000 0.0983 0.0000 1.0983
2016 1.0000 1.0000 0.0929 0.0000 1.0929
2017 1.0000 1.0000 0.0910 0.0000 1.0910
2018 1.0000 1.0000 0.0900 0.0000 1.0900
2019 1.0000 1.0000 0.0801 0.0000 1.0801
2020 1.0000 1.0000 0.1148 0.0000 1.1148
2021 1.0000 1.0000 0.1112 0.0000 1.1112
2022 1.0000 1.0000 0.1103 0.0000 1.1103
2023 1.0000 1.0000 0.1026 0.0000 1.1026
Source: California Municipal Statistics
Direct Rates Overlapping Rates
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City of San Bruno, California
Principal Property Taxpayers
Current Year and Nine Years Ago
% of % of
Property Owner Primary Land Use Assessed Valuation Rank Total(1) Property Owner Primary Land Use Assessed Valuation Rank Total(2) Google Inc. Office Building 787,823,589 1 7.99% ASN Tanforan Crossing I LLC Apartments 135,566,664 1 2.50% Crystal Springs Associates Apartments 197,188,405 2 2.00% Bahill Four Associates Office Building 130,267,851 2 2.40% ASN Tanforan Crossing I & II LLC Apartments 163,057,311 3 1.65% The Gap Inc. Office Building 126,170,844 3 2.32% Walmart Stores Inc. Office Building 139,774,196 4 1.42% Tanforan Park Shopping Center LLC Shopping Center 124,587,640 4 2.30% ARE-San Francisco No. 96 Holding LLC Shopping Center 135,188,866 5 1.37% Archstone San Bruno III LLC Apartments 83,436,000 5 1.54% ARE-San Francisco No. 95 Holding LLC Shopping Center 125,800,000 6 1.28% Behringer Harvard Acappella LP Apartments 47,081,919 6 1.05% Benringer Harvard Acappella LP Apartments 110,436,816 7 1.12% CREA-San Bruno LLC Office Building 46,600,000 7 0.86% ARE-San Francisco No. 94 Holding LLC Shopping Center 106,836,984 8 1.08% San Bruno Towne Center Partnership Shopping Center 42,635,350 8 0.79% San Bruno III Financing LP Apartments 100,134,281 9 1.02% Crystal Springs Associates Apartments 33,119,176 9 0.61% Amazon.com Services LLC Industrial 84,609,566 10 0.86% Mach I Bayhill LLC Office Building 32,800,000 10 0.60% Subtotal 1,950,850,014 $ 19.79% 802,265,444 $ 14.96% Total Local Secured Assessed Valuation:
(1) Fiscal Year 2022-23 9,958,336,007
(2) Fiscal Year 2013-14 5,427,801,041 Walmart Stores Inc.

Source(s): Financial Statements and California Municipal Statistics, Inc. 2022-2023 2013-2014
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City of San Bruno, California
Schedule of Top 40 Business License Taxpayers
(Listed in Alphabetical Order)
For the year ended June 30, 2023
Name
ALL SHORES 135 EL CAMINO REAL
AT HOME SUPPORT SENIOR CARE LLC 1590 EL CAMINO REAL K-J CBRE INC. 1111 BAYHILL DR 270
CENTURY THEATERS INC.#494 1188 EL CAMINO REAL
COURTYARD BY MARRIOTT SAN FRANCISCO AIRPORT 1050 BAYHILL DR CRESTMOOR AUTO CENTER 2901 SAN BRUNO AVE W
CVS/PHARMACY #9807 10 BAYHILL SHOPPING CENTER
EL CAMINO VALERO-GAS 800 EL CAMINO REAL
ENTERPRISE RENT A CAR CO. OF SAN FRANCISCO LLC 734 SAN BRUNO AVE E GRAND ELECTRIC CONSTRUCTION CO. INC. 133 TANFORAN AVE
HYUNDAI OF SAN BRUNO / GENESIS OF SAN BRUNO 1178 EL CAMINO REAL INTERFRESH INC. 901 SNEATH LN 215
JACK'S RESTAURANT & BAR 1050 ADMIRAL CT
JCPENNEY 1122 EL CAMINO REAL
LA PETITE BALEEN SWIM SCHOOL 434 SAN MATEO AVE
LOWE'S HOME CENTERS LLC 1340 EL CAMINO REAL
LUCKY #748 1322 EL CAMINO REAL
LUNARDI'S MARKET 2801 SAN BRUNO AVE W
MARKEN BROKERAGE SERVICES LLC 1051 SNEATH LN
MARSHALL'S #492 1268 EL CAMINO REAL
MELODY TOYOTA 222 SAN BRUNO AVE E
NEXT PETROLEUM 2001 ROLLINGWOOD DR
PLATINUM MOTORS INC. 116 SANTA DOMINGA AVE
RECOLOGY SAN BRUNO 101 TANFORAN AVE
RMC MOTORCARS 444 EL CAMINO REAL
SAN BRUNO BB MOBIL 717 SAN BRUNO AVE E
SAN BRUNO DIALYSIS 841 SAN BRUNO AVE W
SAN BRUNO GAS 401 SAN MATEO AVE
SAN BRUNO SHELL- GAS STATION 798 EL CAMINO REAL
SAN BRUNO SKILLED NURSING 890 EL CAMINO REAL
SPECIALTY TOBACCO OUTLET 1230 EL CAMINO REAL L
STRATFORD SCHOOL 2322 CRESTMOOR DR
TARGET STORE T1054 1150 EL CAMINO REAL
THE PERMANENTE MEDICAL GROUP 901 EL CAMINO REAL
THE PERMANENTE MEDICAL GROUP 801 TRAEGER AVE
VICTORY HONDA OF SAN BRUNO 345 EL CAMINO REAL
VINCE'S SHELL FISH CO. INC 1063 MONTGOMERY AVE
WALGREENS #2939 333 EL CAMINO REAL
WELCH FAMILY PARTNERSHIP LLC 383 SAN BRUNO AVE W
YOU TUBE INC. 901 CHERRY AVE
Source : City of San Bruno Business Tax
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City of San Bruno, California
Property Tax Levies and Collections
For the last ten fiscal years
Fiscal
Year Taxes Levied Collections
Ended for the Percentage in Subsequent Percentage
June 30, Fiscal Year Amoun t of Levy Years Amount of Levy 2014 5,057,412 5,057,412 100% - 5,057,412 100% 2015 5,477,246 5,477,246 100% - 5,477,246 100% 2016 5,812,961 5,812,961 100% - 5,812,961 100% 2017 6,241,601 6,241,601 100% - 6,241,601 100% 2018 6,783,529 6,783,529 100% - 6,783,529 100% 2019 7,059,221 7,059,221 100% - 7,059,221 100% 2020 7,609,212 7,609,212 100% - 7,609,212 100% 2021 8,003,597 8,003,597 100% - 8,003,597 100% 2022 8,596,769 8,596,769 100% - 8,596,769 100% 2023 8,942,061 8,942,061 100% - 8,942,061 100% Source: City financial records
Note: Amounts reported and collected under the Teeter Plan in which all taxes are distributed to the City in the year of the levy with County of San Mateo retaining any interest or penalties on uncollected balances.

Collected within the
Fiscal Year of the Levy Total Collections to Date
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Ratios of Outstanding Debt by Type
For the last ten fiscal years
Fiscal
Year Pension Fire Apparatus Subscription
Ended Obligation 2017 Cable Router 2022 Based IT
June 30, Capital Leases Bonds Capital Lease Capital Lease Fire Engines Agreements Subtotal 2014 176,562 11,791,267 - - - - 11,967,829 2015 143,273 11,025,785 - - - - 11,169,058 2016 109,001 10,250,302 - - - - 10,359,303 2017 73,719 9,454,820 784,846 - - - 10,313,385 2018 37,395 8,644,338 616,132 - - - 9,297,865 2019 - 7,808,856 444,214 1,283,408 - - 9,536,478 2020 - 6,948,374 269,031 980,344 - - 8,197,750 2021 - 6,062,892 90,522 665,719 - - 6,819,133 2022 - 5,142,410 - 339,090 1,600,000 280,502 7,362,002 2023 - 4,191,928 - - 1,462,844 698,701 6,353,473 Fiscal Business-type Activities Debt As
Year Wastewater Wastewater Cable TV City of South Total Percent of Ended Certificates of Revenue Wastewater Water Capital Lease San Francisco Primary Debt Per Personal June 30, Participation Refunding
Bond Revenue Bonds Revenue
Bonds Obligation Sewer Plant
Loan Subtotal Government Population Capita Income
2014 - 7,294,634 36,946 9,380,027 16,711,607 28,679, 436 42,355 677.12 1.9% 2015 - 6,986,758 - 8,571,181 15,557,939 26,726,997 44,409 601.84 2.3% 2016 - 6,708,883 - 7,741,648 14,450,531 24,809,834 45,360 546.95 1.5% 2017 - 6,426,008 - 6,890,896 13,316,904 23,630,289 45,295 521.70 1.4% 2018 - 6,128,132 27,096,017 12,861,644 - 6,018,384 52,104,177 61,402,042 46,085 1,332.37 3.3% 2019 - 5,825,258 26,763,483 12,700,089 - 5,123,552 50,412,382 59,948,860 45,257 1,324.63 3.1% 2020 - 5,512,381 26,235,949 12,448,534 - 4,205,832 48,402,697 56,600,446 45,454 1,245.22 2.8% 2021 - 5,184,506 25,693,415 12,191,980 - 3,264,637 46,334,537 53,153,670 45,454 1,169.39 2.5% 2022 - 4,846,630 25,135,881 11,930,425 - 2,299,366 44,212,302 51,574,304 42,656 1,209.08 2.2% 2023 - 4,493,753 24,563,347 11,658,870 - 1,724,756 42,440,726 48,794,199 42,054 1,160.27 1.8% Fiscal
Year
Ended Certificates of 2019 Lease
June 30, Par
ticipation Revenue Bonds
2014 7,170,000
2015 6,895,000
2016 6,610,000
2017 6,310,000
2018 5,995,000
2019 - 5,299,064
2020 - 4,956,642
2021 - 4,579,220
2022 - 4,186,798
2023 - 3,784,376
Source: City financial records
Governmental Activities
Fiduciary Funds
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City of San Bruno, California
Direct and Overlapping Governmental Activities Debt
June 30, 2023
2022-2023 Assessed Valuation: 9,958,336,007$
Total Debt City's Share of
Overlapping Tax and Assessment Debt: 6/30/23 % Applicable (1) Debt 6/30/22 San Mateo Community College District 708,837,622$ 3.452% 24,469,075$ South San Francisco Unified School District 308,886,397 1.014 3,132,108 San Mateo Union High School District 637,551,532 9.939 63,366,247 San Bruno Park School District 61,600,257 96.745 59,595,169 Millbrae School District 46,219,527 3.388 1,565,918 Total overlapping tax and assessment debt 152,128,517$
Ratios to 2022-23 Assessed Valuation:

Total Overlapping Tax and Assessment Debt 1.53%
Direct and Overlapping General Fund Debt:

San Mateo County General Fund Obligations $589,931,687 3.45% 20,364,442 San Mateo County Board of Education Certificates of Participation 6,120,000 3.452 211,262 San Mateo County Flood and Sea LRR District General Fund Obligations 13,890,000 6.361 883,543 South San Francisco Unified School District General Fund Obligations 2,770,000 1.014 28,088 San Bruno Park School District General Fund Obligations 1,800,000 96.745 1,741,410 City of San Bruno Fire Engines 2022 Lease 1,462,844 100 1,462,844 City of San Bruno Pension Obligation Bonds 4,270,000 100 4,270,000 San Mateo County Mosquito and Vector Control District General Fund Obligations 3,617,831 3.452 124,888 Total direct and overlapping general fund debt $29,086,477 Overlapping Tax Increment Debt (Successor Agency)
City of San Bruno Lease Revenue Bonds 3,365,000 100.00% 3,365,000 Total overlapping tax increment debt (Successor Agency) $3,365,000 Total Direct Debt 5,732,844
Total Overlapping Debt 178,847,150
Combined Total Debt (2) 184,579,994$ (2)
Ratios to Adjusted Assessed Valuation:

Total Direct Debt ($5,732,844) 0.06%
Combined Total Debt 1.85%
Ratios to Redevelopment Successor Agency Incremental Valuation ($2,080,338,789):

Total Overlapping Tax Increment Debt 0.16%
Source: California Municipal Statistics & City Financial Statement (2) Excludes tax and revenue anticipation notes, enterprise revenue, mortgage revenue, and tax allocation bonds and non-bonded capital lease obligations. (1) The percentage of overlapping debt applicable to the city is estimated using taxable assessed property value. Applicable percentages were estimated by determining the portion of the overlapping district's assessed value that is within the boundaries of the city divided by the district's total taxable assessed value. 178

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City of San Bruno, California
Legal Debt Margin Information
Last Ten Fiscal Years
(in thousands of dollars)
Legal Debt Margin Calculation for Fiscal Year 2023 (1)
Gross Assessed Valuation ############
Bonded Debt Limit (3.75% of Assessed Value) 373,437,600 Less Amount of Debt Applicable to Limit -
Legal Bonded Debt Margin 373,437,600$
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Debt limit 842,892$ 906,586$ 967,607$ 260,349$ 275,518$ 295,778$ 315,178$ 336,709$ 348,946$ 373,438$ Total net debt applicable to limit 0 0 0 0 0 00 000
Legal debt margin 842,892$ 906,586 $ 967,607 $ 260,349 $ 275,518 $ 295,778 $ 315,178 $ 336,709 $ 348,946 $ 373,438 $ Total net debt applicable to the limit
as a percentage of debt limit 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Note:
(1) California Government Code, Section 43605 sets the debt limit at 15% of gross assessed valuation. The Code section was enacted when assessed valuations were based on 25% of full market value.

This has since changed to 100% of full market value. Thus, the limit shown is 3.75%(one-fourth the limit of 15%).

FY2016-17 and onwards, the debt limit is at 3.75%.

Source: California Municipal Statistics
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City of San Bruno, California
Pledged Revenue Coverage
For the last ten fiscal years
Fiscal
Year Less: Net
Ended Gross Operating Available
June 30, Revenues (1) Expenses (2) Revenue Principal Interest Coverage 2014 (3) 15,549,816 6,748,392 8,801,424 245,000 - 35.92 2014 (3) 15,549,816 6,748,392 8,801,424 - 111,024 79.27 2015 15,087,098 7,947,063 3,248,307 290,000 289,538 5.60 2016 15,954,642 8,355,894 7,598,748 260,000 281,288 14.04 2017 15,923,694 9,305,503 6,618,191 265,000 273,081 12.30 2018 17,032,182 8,431,394 8,600,788 280,000 263,875 15.81 2019 18,643,453 8,039,977 10,603,476 285,000 253,275 19.70 2020 18,947,384 8,955,800 9,991,584 295,000 241,675 18.62 2021 18,710,405 8,990,002 9,720,403 310,000 229,188 18.03 2022 19,677,857 9,111,455 10,566,402 320,000 217,200 19.67 2023 20,103,735 11,340,620 8,763,115 335,000 204,263 16.25 2018 17,032,182 8,431,394 8,600,788 - - - 2019 18,643,453 8,039,977 10,603,476 245,000 1,073,309 8.04 2020 18,947,384 8,955,800 9,991,584 440,000 993,100 6.97 2021 18,710,405 8,990,002 9,720,403 455,000 979,675 6.78 2022 19,677,857 9,111,455 10,566,402 470,000 963,450 7.37 2023
20,103,735 11,340,620 8,763,115 485,000 944,350 6.13 2018 15,561,896 8,819,147 6,742,749 - - - 2019 17,721,522 9,032,331 8,689,191 120,000 509,394 13.81 2020 17,614,884 9,715,615 7,899,269 210,000 471,250 11.60 2021 18,031,439 10,443,967 7,587,472 215,000 464,875 11.16 2022 17,078,773 9,486,358 7,592,415 220,000 457,250 11.21 2023 17,540,442 13,984,614 3,555,828 230,000 448,250 5.24 Note:
(1) Gross revenues include nonoperating interest income (2) Operating expenses do not include interest, depreciation, or amortization expenses. (3) In Fiscal Year 2013-14, the City authorized the sale of Wastewater Revenue Refunding Bonds to refinance t h outstanding 2002 Certificates of Participation
Source: City financial records
2017 Wastewater Revenue Bonds
2017 Water Revenue Bonds
2013 Wastewater Revenue Refunding Bonds
Debt Service
Business-type Activities
Wastewater Certificates of Participation
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City of San Bruno, California
Demographic and Economic Statistics
Last ten calendar years
Per
Total Capita County City
Personal Personal Median **School Unemployment Unemployment Year Population
(1) Income (2) Income (2) Age(3) Enrollment Rate(4) Rate(4) 2014 42,355 1,521,349,245 35,919 38.7 3,888 5.4% 4.7% 2015 44,409 1,165,025,706 26,234 38.5 3,900 3.2% 3.1% 2016 45,360 1,609,096,610 36,458 38.7 3,833 3.4% 3.3% 2017 45,295 1,730,857,835 38,213 39.2 3,774 3.0% 2.9% 2018 46,085 1,873,078,740 40,644 39.2 3,854 2.2% 2.3% 2019 45,257 1,940,212,847 42,871 39.3 3,692 1.7% 1.8% 2020 45,454 2,026,702,952 44,588 39.6 3,679 11.1% 13.4% 2021 44,936 2,162,634,872 48,127 39.3 3,462 6.9% 8.1% 2022 42,656 2,358,010,883 55,280 38.8 3,210 1.7% 1.9% 2023 42,054 2,711,565,802 64,478 39.0 3,110 2.7% 2.6% Source: 2020-21 and prior, previously published ACFR Report Source: Avenu Insights & Analytics
1) Population projections are provided by the State Department of Finance Projections. 3) Median age reflects the U.S. Census data estimation table 4) Unemployment rates are provided by the EDD, Labor Market Information Division San Mateo County
San Mateo County
2) Income data is provided by the U.S. Census Bureau, 2010 American Community Survey
**School enrollment reflects the total number of students enrolled in Capuchino High & San Bruno Park Elementary School District
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City of San Bruno, California
Principal Employers
Current Year and Nine Years Ago
Percentage Percentage
of Total of Total
Employer Employees Rank Employment Employees Rank Employment You Tube, Inc 2,609 1 9.35% 800 3.38%
Walmart eCommerce Corporate Office* 2,165 2 7.76%
Skyline College 523 3 1.87% 250 1.05%
Artichoke Joe's Casino 420 4 1.51% 374 1.58%
City of San Bruno 247.25 5 0.89% 226 0.95%
Target Store 233 6 0.84% 254 1.07%
Lucky Supermarkets 200 7 0.72% 260 1.10%
San Bruno Park School District 195 8 0.70%
Lowe's HIW, Inc. 170 9 0.61% 163 0.69%
Capuchino High School (SMUHSD) 131 10 0.47%
Lash Group, Inc 300 1.27%
Sears, Roebuck & Co 240 1.01%
BJ's Restaurant and Brewhouse 160 0.68%
Total Top Employers 6,893 24.71% 3,027 12.77% Total City Labor (1) 27,900 23,700
Source: Avenu Insights & Analytics
Source 2014: Previously published ACFR Report
Results based on direct correspondence with city's local businesses. *Business has not responded to Avenu's inquires, previous year count applied. (1) Total City Employement provided by EDD Labor Force Data.

Note: Employee count from City's Budget FY2223. Does not include "Other" General Funds count. 2022-2023 2013-2014
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City of San Bruno, California
Full-time Equivalent City Employees by Function/Program Last Ten Fiscal Years
(Fiscal year ended June 30)
Function/Program 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 General Fund
City Council 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 City Clerk 1.75 1.75 1.75 1.75 1.75 2.00 2.00 2.00 2.00 2.00 City Treasurer 1.00 1.00 1.00 1.00 0.50 - - - - - Legal Services 1.25 1.25 1.25 1.25 1.25 1.25 1.25 1.25 1.25 0.25 City Manager 3.00 3.00 3.00 3.00 3.00 4.00 4.00 4.00 3.50 4.50 Human Resources 2.25 2.25 2.25 2.25 2.25 2.25 2.25 2.25 3.25 4.25 Finance
Administration 5.00 5.00 5.00 5.50 5.50 5.00 5.00 5.00 7.00 8.00 Revenue Services 5.00 5.00 5.00 4.50 4.50 5.00 5.00 5.00 4.00 3.50 Police 61.50 62.50 62.50 64.00 65.00 68.00 69.00 72.00 66.75 68.50 Fire 32.75 33.30 33.40

35.00 35.00 35.00 36.00 36.00 34.25 35.50 PublicWorks
Admin. & Engineering 6.70 6.70 6.70 6.70 6.70 6.70 6.70 5.65 10.60 11.55 Streets Maintenance 5.10 5.70 5.80 5.80 5.80 5.70 5.70 5.65 5.25 5.90 Community Development
Planning 4.50 4.50 4.25 5.75 5.25 5.25 5.25 5.25 6.00 6.50 Building 6.50 7.50 7.75 8.25 8.75 8.75 10.75 7.75 6.50 6.50 Parks & Recreation Services
Recreation 4.00 4.75 4.90 4.90 4.90 4.90 4.90 4.95 5.05 11.55 Parks Maintenance 13.80 14.30 13.05 13.05 13.05 15.05 15.05 14.85 15.50 12.35 Senior Services 3.35 3.45 3.75 3.65 3.65 3.65 3.65 3.90 2.90 3.15 Library Services 7.65 7.55 7.75 7.85 7.85 7.85 7.85 7.80 7.30 7.45 Subtotal 170.10 174.50 174.10 179.20 179.70 185.35 189.35 188.30 186.10 196.45 Other General Funds
A m e r i c a n R e s c u e P l a n A c t ------- 1 9 . 0 0 14.25 9.50 Subtotal - - - - - - - 19.00 14.25 9.50 Special Revenues
Solid Waste 0.35 0.35 0.45 0.45 0.45 0.45 0.45 0.45 0.45 0.45 Subtotal 0.35 0.35 0.45 0.45 0.45 0.45 0.45 0.45 0.45 0.45 Internal Services
Central Garage 2.35 2.35 2.35 2.35 2.35 2.35 2.35 2.60 2.65 2.65 Buildings and Facilities 5.70 6.45 7.05 7.05 7.05 8.05 8.05 8.85 8.95 8.95 Technology Support 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.25 3.50 Self
-Insurance 0.50 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.50 Subtotal 11.55 12.80 13.40 13.40 13.40 14.40 14.40 15.45 15.85 15.60 Enterprise Funds
Water Enterprise 16.95 17.45 17.45 17.95 17.95 17.95 17.95 17.95 19.10 19.20 Stormwater Enterprise 3.75 4.15 3.95 3.95 3.95 4.05 6.05 6.05 6.10 6.10 Wastewater Enterprise 15.80 16.30 16.30 16.80 16.80 16.80 16.80 16.80 16.65 16.70 Cable Enterprise 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 17.00 17.00 Subtotal 56.50 57.90 57.70 58.70 58.70 58.80 60.80 60.80 58.85 59.00 Glenview Funds
Crestmoor (Glenview) Recover 4.25 3.70 3.70 2.00 0.50 - - - - - Subtotal 4.25 3.70 3.70 2.00 0.50 - - - - - Total Positions (all funds) 242.75 249.25 249.35 253.75 252.75 259.00 265.00 265.00 275.50 281.00 Source: Adopted City Budget
Note: The City began to report Full Time Equivalent Employees by Function in 2004 183

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City of San Bruno, California
Operating Indicators by Function/Program
Last Ten Fiscal Years
(Fiscal year ended June 30)
Function/Program 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Police
Calls for Service 30,131 32,610 36,144 31,333 42,057 47,429 44,684 41,406 42,260 44,712 Physical arrests 1,071 1,224 1,280 1,311 1,087 1,627 1,240 845 1,331 1,436 Parking violations** 8,710 8,794 11,675 15,525 14,205 18,252 9,848 13,396 9,969 12,285 Traffic collisions 369 464 452 384 325 338 237 233 217 189 Moving citations 2,659 2,144 2,221 2,225 2,424 2,447 2,199 1,953 1,363 1,387 Fire
Number of stations 22222222 2 2
Number of calls answered 3,148 3,159 3,574 4,288 3,874 4,006 4,236 4,092 5,486 5,938 Number of inspection conducted** 1,326 1,375 1,420 1,360 1,307 1,415 1,621 1,444 1,110 1,026

Public Works
Street repair (sq. ft.) 4,792 14,697 861,150 145,204 539,343 816,331 80,999 29,457 227,300 4,860 Potholes repaired 2,670 2,185 1,618 2,333 1,442 1,905 2,546 2,735 1,694 1,745 Sidewalk repair (sq. ft) 11,625 14,980 651 262 119,922 3,624 8,001 2,003 16,950 5,555 Sidewalk curb&gutter repair (ft) 927 1,397 109 886 26,041 700 1,269 1,234 1,650 2,050 Street light poles replaced 6 14 9 13 65 44 50 10 5 38
Community Development:

Plans checks 340 527 553 445 549 688 622 162 846 846
Permits Issued 1,283 1,339 1,622 1,500 1,468 1,455 1,276 1,471 1,589 1,589 Parks & recreation:

Picnic rentals 934 954 859 842 888 820 532 107 771 566
Number of trees planted 63 120 75 100 100 100 71 100 83 0 Linear miles of medians maintained 7.35

7.35 7.35 7.35 7.35 7.35 7.35 7.35 7.35 7.35 Library:

Library circulation 358,362 354,047 329,210 337,671 334,711 353,015 294,333 165,059 525,389 297,317 Library visits 248,563 219,343 182,263 179,150 190,466 205,851 161,907 10,813 120,398 129,104 Water
New service connections 442 263 285 363 243 282 238 299 161 703 Gallons purchased(millions of gallons) 600 477 507 948 950 1,102 907 2,647 374 733 Stormwater
Number of curb miles swept
5,540 5,540 5,540 5,540 5,540 5,540 5,540 5,540 5,540 5,540 Number of catch basins cleaned and inspected 1,223 1,223 1,223 1,223 1,550 2,120 2,680 2,680 2,680 2,680 Cable
Number of Internet service subscribers 6,085 6,111 6,337 6,460 6,600 7,260 7,109 7,300 6,650 6,250 Number of new customer installations 953
1,121 1,208 1,031 1,200 1,500 1,112 1,112 1,350 1,061 * Historical data is not available
**Calendar year as of October 31
Source: Various City department records. Started tracking by function in 2011 184

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City of San Bruno, California
Capital Asset Statistics by Function/Program
Last Nine Fiscal Years
(Fiscal year ended June 30)
Function/Program 2015 2016 2017 2018 2019 2020 2021 2022 2023 Public Safety
Number of police stations 1 1 1 1 1 1 1 1 1 Number of fire stations 2 2 2 2 2 2 2 2 2 Public Works
Miles of streets 89 89 89 89 89 89 89 89 89 Average Citywide Pavement Condition Index (PCI) Scor 65 64 62 61 66 62 65 64 64 Miles of Sidewalk 178 178 178 178 178 178 178 178 178 Number of street lights * * * * 1,909 1,909 1,909 41 41 Number of traffic signals 17 17 17 17 17 17 17 17 17 Number of street signs * * * * 4,943 5,240 5,245 439 439 Water
Miles of water mains *** 1* 20 120 120 120 120 Number of fire hydrants *** 9* 49 949 950 985 985 Number of water wells 4 4 4 4 4 4 4 5 5 Number of pump stations 8 8 8 8 8 8 8 8 8 Number of water tanks 8 8 8 8 8 8 8 8 8 Number of pressure regulator stations 26 26 26 26 26 26 26 13 13 Wastewater/Sewer
Miles of sanitary sewers main **** 8 9 89 89 87 87 Miles of sewer lift (pump) stations 6 6 6 6 6 6 6 6 6 Stormwater
Number of storm sewer main 36 36 36 36 36 36 36 36 36 Number of trash capture devices 55 55 55 55 277 284 287 293 296 Leasure and Culture
Number of parks 18 18 18 18 18 18 19 19 19 Acres of maintained landscaped areas 96 96 96 96 97 97 97 97 97 Acres of open space 128 128 128 128 128 128 128 128 128 Number of trees * 4,700 6,300 6,300 6,777 6,777 6,777 6,777 6,777 Number of libraries 1 1 1 1 1 1 1 1 1 Number of senior centers 1 1 1 1 1 1 1 1 1 Number of recreation center facilities 1 1 1 1 1 1 1 1 1 Note:
* Historical data is not available
Source: City of San Bruno
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San Bruno, California
Independent Accountants’ Report on
Agreed-Upon Procedures Applied to
Appropriations Limit Schedule
For the year ending June 30, 2024
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ATTACHMENT 2
INDEPENDENT ACCOUNTANTS’ REPORT
To the Honorable Mayor and City Council
of the City of San Bruno
San Bruno, California
We have performed the procedures enumerated below on the accompanying Appropriations Limit Schedule of the City of San Bruno (City) for the fiscal year ending June 30, 2024. The City’s management is responsible for the accompanying Appropriations Limit Schedule.

The City has agreed to and acknowledged that the procedures performed are appropriate to meet the intended purpose of the requirements of Section 1.5 of Article XIII-B of the California Constitution. Additionally, the League of California Cities (as pres ented in the publication entitled Ag reed-upon Procedures Applied to the Appropriations Limitation Prescribed by Article XIII-B of the California Constitution) has agreed to and acknowledged that the procedures performed are appr opriate for their purposes. 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 whether the procedures performed are appropriate for their purposes.

The procedures performed and our findings are described below:

1. We obtained the completed worksheets used by the City to calculate its appropriations limit for the fiscal year ending June 30, 2024, and determined that the limit and annual calculation factors were adopted by resolution of City Council. We also determined that the population and inflation options were selected by a recorded vote of City Council.

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

2. For the accompanying Appropriations Limit Schedule, we added the prior year’s limit to the total adjustments, and agreed the resulting amount to the current year’s limit.

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

3. We agreed the current year information presented in the accompanying Appropriations Limit Schedule to corresponding information in worksheets used by the City.

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

4. We agreed the prior year appropriations limit pr esented in the accompanying Appropriations Limit Schedule to the prior year appropriations limit adopted by the City Council during the prior year.

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

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To the Honorable Mayor and Members of City Council
of the City of San Bruno
San Bruno, California
2 We were engaged by the City to perform this agreed-upon procedures 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, the objective of which would be the expression of an opinion or conclusion, respectively, on the accompanying Appropriation Limit Schedule. Accordingly, we do not express such an opinion or conclusion. Had we performed addi tional 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 other ethical responsibilities, in accordance with the relevant ethical requirements related to our agreed-upon procedures engagement.

This report is intended solely for the information and use of the 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. However, this report is a matter of public record, and its distribution is not limited.

Badawi & Associates, CPAs
Berkeley, California
January 30, 2024

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City of San Bruno
Appropriations Limit Schedule
For the year ending June 30, 2024
Amount Source
A. Appropriations limit for the year ended June 30, 2023 51,583,158$ Prior year schedule B. Calculation factors:

1. Population increase % 0.9957 State Department of Finance

2. Inflation increase (deflation decrease) 1.0444 State Department of Financ e

3. Total adjustment factor % 1.0399 B1 * B2
C. Annual adjustment increase 2,058,636 $ [(B3-1)*A)] D. Other adjustments:

Loss responsibility (-) - N/A Transfers to private (-) - N/A Transfers to fees (-) - N/A Assumed responsibility (+) - N/A E. Total adjustments 2,058,636 (C+D)
F. Appropriations limit for the year ending June 30, 2024 53,641,794$ (A+E ) 3 271 of 330

City of San Bruno
Notes to Appropriations Limit Schedule
For the year ending June 30, 2024
4 1. PURPOSE OF LIMITED PROCEDURES REVIEW
Under Article XIIIB of the California Constitution (the Gann Spending Limitation Initiative), California governmental agencies are restricted as to the amount of annual appropriations from proceeds of taxes.

Effective for years beginning on or after July 1, 1990, under Section 1.5 of Article XIIIB, the annual calculation of the appropriations limit is subject to
this agreed upon procedures engagement.

2. METHOD OF CALCULATION
Under Section 10.5 of Article XIIIB, for fiscal years be ginning on or after July 1990, the appropriations limit is required to be calculated based on the limit for th e fiscal year 1986-1987, adjusted for the inflation and population factors discussed in Notes 3 and 4 below.

3. INFLATION FACTORS
A California governmental agency may use as its inflation factor either the annual percentage change in the 4th quarter per capita personal income (which percentage is supplied by the State Department of Finance), or the percentage change in the local assessment roll from the preceding year due to the change of local nonresidential construction. The factor adopted by the City for the fiscal year 2024 represents the change in per capita income in the State of California.

4. POPULATION FACTORS
A California governmental agency may use as its population factor either the annual percentage change of the jurisdiction’s own population, or the annual percentage change in population in the County where the jurisdiction is located. The factor adopted by the City for fiscal year 2024 represents the population change in the County.

5. OTHER ADJUSTMENTS
A California government agency may be required to ad just its appropriations limit when certain events occur, such as the transfer of responsibility for municipal services to, or from, another government agency or private entity. The City had no such adjustments for the fiscal year ending June 30, 2024.

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Measure A Fund
San Bruno, California
Independent Accountant’s Report on
Management’s Assertion
For the year ended June 30, 2023
273 of 330
ATTACHMENT 3
City of San Bruno
Measure A Transportation Tax Fund
For the year ended June 30, 2023
Table of Contents
Page
Independent Accountant’s Report .......................................................................................................................... 1 Schedule of Receipts and Disbursements ............................................................................................................. 2 Management's Report on Compliance with the Agreement for Distribution of San Mateo County Measure A Funds for Local Transportation Purposes ..................................................................................... 3

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INDEPENDENT ACCOUNTANT’S REPORT
To the Honorable Mayor and Members of the City Council
of the City of San Bruno
San Bruno, California
We have examined management’s assertion, that the accompanying receipts and disbursements are in compliance with the Agreement for Distribution of San Mateo County Measure A Funds for Local Transportation Purposes in accordance with the 2004 Measure A between the City of San Bruno (City) and the San Mateo County Transportation Authority entered into on March 10, 2009, and that the City complied with the requirements of the Agreement during the year ended June 30, 2023. Management is responsible for its assertion. Our responsibility is to express an opinion on management’s assertion based on our examination.

Our examination was conducted in accordance with atte station standards established by the AICPA. Those standards require that we plan and perform the examination to obtain reasonable assurance about whether management's assertion is fairly stated, in all mate rial respects. An examination involves performing procedures to obtain evidence about management's assertion. The nature, timing, and extent of the procedures selected depend on our judgment, including an assessment of the risks of material misstatement of management's assertion, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion.

We are required to be independent and to meet our other ethical responsibilities in accordance with relevant ethical requirements relating to the engagement.

In our opinion, management’s assertion that the accompanying receipts and disbursements are in compliance with the Agreement between the City and the San Mateo County Transportation Authority entered into on March 10, 2009, and that the City complied with the requirements of the Agreement during the year ended June 30, 2023, is fairly stated, in all material respects.

Badawi & Associates, CPAs
Berkeley, California
January 30, 2024

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City of San Bruno
Measure A Transportation Tax Fund
Schedule of Receipts and Disbursements
For the year ended June 30, 2023
2 Receipts:

Sales and Use Taxes 1,223,868 $
Interest Income (loss) 20,280
Total Receipts 1,244,148
Disbursements:

Transfers out to Streets Fund for:

Transit Corridor Pedestrian Connection PH4SB/Gree n 160,000 Pedestrian/Traffic Calmin g TSPC Studies 225,000
Traffic Signal Rehabilitation Progra m 50,000
San Bruno and Cherry Intersection Improvement 50,000
Scott Street Grade Separation 350,000
FY2022-23 Sidewalk Repair 225,000
Accessible Curb Ramps 150,000
Total disbursements 1,210,000
Receipts over (under) disbursement 34,148$

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3 January 30, 2024
San Mateo County Transportation Authority
120 San Bruno Avenue
San Bruno, California 94070
Re: Management’s Report on Compliance with the Agreement for Distribution of San Mateo County Measure A Funds for Local Transportation Purposes
The City of San Bruno (City) is responsible for complying with the Agreement for Distribution of San Mateo County Measure A Funds for Local Transportation Purposes (Agreement) between the City and the San Mateo County Transportation Authority entered into March 10 , 2009. The Agreement stat es that in return for receiving an annual allocation of a specified portion of the retail transaction and use tax approved by Measure A – San Mateo County Transportation Expenditure Plan (the Measure), the City, in use of these funds, shall “refrain from substituting funds provided to it pursuant to this Agreement for property tax funds which are currently being used to fund existing local transporta tion programs and limit the use of said funds to the improvement of local transportation, including streets and road improvements.” With respect to compliance with the Agreement, management attests to the following for the year ended June 30, 2023:
x Management is responsible for establishing and maintaining an effective internal control with respect to compliance with the Agreement.
x Management is responsible for complying with the Agreement. x Management has evaluated the City’s compliance with requirements of the Agreement; and x All Transactions, as summarized in the attached Schedule of Receipts and Disbursements for the fiscal year ended June 30, 2023, are in compliance with the Agreement. _______________________________ ________________________________ Alex D. Mclntyre Nick Pegueros
City Manager Chief Financial Officer DocuSign Envelope ID: 5CD85256-5719-4B61-9D09-04143E1414E7

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Measure W Fund
San Bruno, California
Independent Accountant’s Report on
Management’s Assertion
For the year ended June 30, 2023
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ATTACHMENT 4
City of San Bruno
Measure W Transportation Tax Fund
For the year ended June 30, 2023
Table of Contents
Page
Independent Accountant’s Report .......................................................................................................................... 1 Schedule of Receipts and Disbursements ............................................................................................................. 2 Management's Report on Compliance with the Agreement for Distribution of San Mateo County Measure W Funds for Local Transportation Purposes .................................................................................... 3

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INDEPENDENT ACCOUNTANT’S REPORT
To the Honorable Mayor and Members of the City Council
of the City of San Bruno
San Bruno, California
We have examined management’s assertion that the accompanying receipts and disbursements are in compliance with the Agreement for Distribution of San Mateo County Measure W Funds for Local Transportation Purposes (Agreement) between the City of San Bruno (City) and the San Mateo County Transportation Authority entered into on September 24, 2019, and that the City complied with the requirements of the Agreement during the year ended June 30, 2023. Management is responsible for its assertion. Our responsibility is to express an opinion on management’s assertion based on our examination.

We are required to be independent and to meet our other ethical responsibilities in accordance with relevant ethical requirements relating to the engagement.

In our opinion, management’s assertion that the accompanying receipts and disbursements are in compliance with the Agreement between the City and the San Mateo County Transportation Authority entered into on September 24, 2019, and that the City complied with the requirements of the Agreement during the year ended June 30, 2023, is fairly stated, in all material respects.

Badawi & Associates, CPAs
Berkeley, California
January 30, 2024

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City of San Bruno
Measure W Transportation Tax Fund
Schedule of Receipts and Disbursements
For the year ended June 30, 2023
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3 January 30, 2024
San Mateo County Transportation Authority
120 San Carlos Avenue
San Carlos, California 94070
Re: Management’s Report on Compliance with the Agreement for Distribution of San Mateo County Measure W Funds for Local Transportation Purposes
The City of San Bruno (City) is responsible for complying with the Agreement for Distribution of San Mateo County Measure W Funds for Local Transportation Purposes (Agreement) between the City and the San Mateo County Transportation Authority entered into on September 24, 2019. The Agreement states that in return for receiving an annual allocation of a specified portion of the retail transaction and use tax approved by San Mateo County Congestion Relief Plan , the City, in use of these funds, shall not be used to replace funds previously provided for public transportation investments, and that City will limit the use of funds provided pursuant to this Agreement to invest in major arterial and local roadway improvements in key congested areas throughout the County, focusing on improving safety, reducing congestion, and supporting all modes of travel on the County's roadway system.

With respect to compliance with the Agreement, management attests to the following for the year ended June 30, 2023:
x Management is responsible for establishing and maintaining an effective internal control with respect to compliance with the Agreement.
x Management is responsible for complying with the Agreement. x Management has evaluated the City’s compliance with requirements of the Agreement; and x All Transactions, as summarized in the attached Schedule of Receipts and Disbursements for the fiscal year ended June 30, 2023, are in compliance with the Agreement. _______________________________ ________________________________ Alex D. McIntyre Nick Pegueros
City Manager Chief Financial Officer
DocuSign Envelope ID: 5CD85256-5719-4B61-9D09-04143E1414E7

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Transportation Development
Act Program
San Bruno, California
Financial Statements and
Independent Auditors’ Reports
For the years ended June 30, 2023 and 2022
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ATTACHMENT 5
City of San Bruno
Transportation Development Act Program
Financial Statements
For the years ended June 30, 2023 and 2022
Table of Contents
Page
Independent Auditor’s Report ................................................................................................................................. 1 Financial Statements:

Balance Sheet ................................................................................................................ .......................................... 4 Statements of Revenues, Expenditures and
Changes in Fund Balances .................................................................................................... ......................... 5 Notes to Financial Statements ............................................................................................................................. 6 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 ............................................................... 8 Independent Auditor’s Report on
Transportation Development Act Funds Compliance .................................................................................. 10

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INDEPENDENT AUDITOR’S REPORT
To the Honorable Mayor and Members of the City Council
of the City of San Bruno
San Bruno, California
Report on the Audit of the Financial Statements
Opinions
We have audited the accompanying financial statements of the Transportation Development Act Program (TDA Program) of the City of San Bruno, California, (City) as of and for the years ended June 30, 2023 and 2022, and the related notes to the financial statements as listed in the table of contents.

In our opinion, the accompanying financial statemen ts present fairly, in all material respects, the respective financial position of the TDA Program, as of June 30, 2023 and 2022, and the respective changes in financial position for the year then ended in accordance with accounting principles generally accepted in the United States of America.

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

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

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To the Honorable Mayor and Members of the City Council
of the City of San Bruno
San Bruno, California

Page 2 ends

San Bruno City CouncilFebruary 13, 2024

San Bruno City Council
February 13, 2024